Poor's manual of railroads

POOR'S

MANUAL

1892.

AMERICAN BANK NOTE Co

NO. 86 TRINITY PLACE,
NEW YORK,

Engravers and Printers,

STEEL PLATE AND LITHOGRAPHIC

RAILROAD BONDS,

STOCK CERTIFICATES,

TICKETS, MAPS, FOLDERS, ETC. ETC.

RAILROAD ACCIDENTS.

AMERICAN ^
CASUALTY INSURANCE AND

COMPANY OF BALTIMORE CITY

CASH CAPITAL, $1,OOO,OOO.

BEECHER, SCHENCK & CO,, General Managers,

4O to 44 Pine Street, New York.

INSURANCE OF RAILROAD CORPORATIONS AGAINST LOSS FROM
ANY AND ALL OF THE FOLLOWING CAUSES, VIZ.:

ist. CLAIMS ARISING FROM LIABILITY OF ACCIDENTAL DEATH
OR INJURY TO EMPLOYEES.

2d. CLAIMS ARISING FROM LIABILITY OF ACCIDENTAL DEATH
OR INJURY TO PASSENGERS OR PUBLIC.

3d. SALARY INSURANCE.

Correspondence and personal interviews solicited.

A. M. KIDDER & CO,
ANKERS,

18 WALL STREET,

NEW YORK.

-

Established 1865.

Members of New York Stock Exchange.

Allow Interest on Deposits Subject to Sight Check.

BUY AND SELL ON COMMISSION
STOCKS AND BONDS

EITHER FOR CASH OR ON MARGIN, AND DEAL IN

INVESTMENT SECURITIES.

A. M. KIDDER, CHAS. D. MARVIN,

H. J. MORSE, W. M. KIDDER.

THE ALLISON MTG CO.,

PHILADELPHIA

Railroad Cars.

WBOUGHT AND CAST IEON WORK FOR

CARS, BUILDINGS AND BRIDGES.

BOLTS, NUTS, AND WASHERS;

ALSO ALL KINDS OF

RAILROAD SUPPLIES.

BOILER TUBES, GAS, STEAM AND WATER PIPE,

WATER GRATES, DRY PIPES,
STAY BOLTS AND PUMP PLUNGERS,

Hydraulic, Artesian, Salt and Oil Well Tubing and

Casing;

Brass Work, Fittings, Tools, etc., etc.

MADE OF THE BEST QUALITY OF IRON,

The Hazard Manufacturing Co

Oldest Wire Rope Works in America,.

ESTABLISHED 184S.

IRON, STEEL AND GALVANIZED WIRE ROPE,

MANUFACTURERS OF

Ropes for Mines, Quarries and Inclined Planes

AND

Steel Cables for Street Railways.

Our Cables are now in use on all the principal Cable Railways of the United States;

and their record is unexcelled.

WILKES-BARRE, PA.

NEW YORK OFFICE and WAREHOUSE, §7 LIBERTY STREET.

J. W. WALKER, F. L. GEIST, C. D. MARSHALL,

Prcs. & Gen'l Manager. Vice-Pres. A Treasurer. Sec.retary.

Shiffler Bridge Company,

MAIN OFFICE AND WORKS,

Forty-Eighth Street, and A, V, R, R, PITTSBURGH, Pa,

ENGINEERS AND CONTRACTORS, DESIGNERS AND MANUFACTURERS OP

STEEL, IRON AND COMBINATION RAILROAD BRIDGES, IRON

VIADUCTS, TRAIN SHEDS, GIRDERS, ROOF

TRUSSES, IRON BUILDINGS, ETC.

BRANCH OFFICES:

EDWIN THACHER, Consulting Engineer, OLAF HOFF, Consulting Engineer,

258 W. Main Street, Louisville, Ky. 602 Oneida Block, Minneapolis, Minn.

TAYLOR IRON AND STEEL CO

Successors to THE TAYLOR IRON WORKS.
OFFICE AND WORKS AT

, 1XT. O\,

MANUFACTURERS OF

Chilled and Steel-tired Wheels,

Solid Steel Wheels and Steel Castings

FOR LOCOMOTIVE, PASSENGER, AND FREIGHT CAR SERVICE;

ALSO.

Extra Hammered, Locomotive Driving, Tender, and Car

DRAW HOOKS, AND FORCINGS,

Made from Rolled Scrap Iron, Double Rolled Muck Iron or Steel.

WHEELS AND AXLES BURNISHED FITTED OR SEPARATELY.

New York Office, Central Building, foot of Liberty Street.

LATEOEE STEEL WOEKS

MANUFACTURERS OF

TIRES

FOR LOCOMOTIVE AND CAR WHEELS.

Works and Main Office, Latrobe, Pa.
Branch Office, 251 S. Fourth St., Philadelphia.

THE STANDARD STEEL WORKS

Locomotive and Car Wheel

TIRES

MANUFACTURED FROM

OTIS STEEL

OFFICE :

220 South Fourth St.,

PHILADELPHIA, PA.

REPRESENTATIVES :

J. H. BEU'HEK, Room 7. No. 2-2

Nassau Street, New York.
J. s. BREWER, 176 and 178 Jackson

Street, Chicago.
ANDREW WARREN, 707 N Second

Street, St. Loui?.
OFFITTT & CO.. Church and Rector

Streets, New York City.
H. L. LEACH, 237 Franklin Street.
Boston.

OCOMOTIVE

^
CASTINQS

JvJAROTEEL

ROCK AND ORE BREAKERS

("THE BLAKE STYLE").

This style of Rock Breaker, after more than 20 years' practical test, has proved to be the
best ever designed tor the purpose of breaking

QUARTZ, EMERY, GOLD AND SILVER

ORES, AND ALL HARD OR

BRITTLE SUBSTANCES.

Also for making

RAILROAD BALLAST
% CONCRETE.

Our adjustable toggle block ( Pat. No. 227,554
enables us to adjust the machine while in
motion to the size of any stone or particula?
product. There are other

NEW AND VALUABLE IMPROVEMENTS

possessed by these machines, for which letter?
patent were granted to Mr. Sam'l L. Marsden.
not equaled by any other in the world.

GOLD MEDAL at Massachusetts Mechanics' Association, 1881, and
SILVER MEDAL (special) at American Institute, New York, 1882.

FARREL FOUNDRY & MACHINE CO.

AiKTSOHXri-rfSL, OOKTKT.

COPELAND & BACON, Agents, New York and Philadelphia.

BUGYRUS STEAM SHOVEL & DREDGE GO,

BUCYRUS, OHIO.

Manufacturers of Steam Shovels

For Railroads,

Contract Work,
Stripping Coal

and Ore,
Brick Yards,

Highways,
Etc., Etc.

Steam Dredges Fo

Filling Land, Levee Work, Harbor Work, Etc., Etc.

ROOT'S NEW

WATER TUBE STEAM BOILER.

SAFE, ECONOMICAL, DURABLE.

Adopted by the Armingtcm & Sims Engine Co.,
Providence, R. I., and Lynn Belt Line

Street Railway Co., Lynn, Mass.

Also by the Electric Light Companies of Cincin-

nati, Louisville, Columbus, St. Paul.

Detroit, Jersey City and

many others.

ROOT'S SPIRAL RIVETED WATER PIPE.

Unrivalled for Railroad Water
Supply, Irrigating Purposes,
etc., as has been proved by
14 years' practical experience.

ABENDROTH * ROOT M'F'C CO.,

28 Cliff Street, New York.

Branches : Boston, Philadelphia, Chicago, Rochester, Dallas.

Hoisting Engines,

WITH

IMPROVED FRICTION DRUMS,

With or Without Boilers, either Single or
Double, for

Contractors, Bridge and Dock Building.

AND

All Hoisting Purposes.

300 Styles and Sizes.

Over 8,500 in use.

LI:GEOTO:D m. ::„

96 LIBERTY STREET,

NEW YORK.

34 & 36 W. Monroe St., Chicago.

197-203 Congress St., Boston.

5-7 North First Street, Portland, Ore.

610 N. Fourth St., St. Louis.

99 First Ave., Pittsburgh.

15 N. 7th St.,

Sales Agents: FRASER &. CHAUV1ERS, Salt Lake City, Utah, and Helena, Montana.

GENERAL AND FINANCIAL OFFICES, 208 SOUTH 4th STREET, PHILADELPHIA, PA.

SUPERINTENDENT'S OFFICES, STEELTON, PENNA,

NEW YORK SALES OFFICE, No. 2 Wall Street, STEPHEN W, BALDWIN, SALES AGENT.
BOSTON SALES OFFICE, No. 70 Kiiby Street, CHARLES S, CLARK, SALES AGENT,

XCJ-A-C3-0

Morris Sellers & Co.,

MANUFACTURERS OF THE CELEBRATED

BHR.

"

The " SAMSON" Is made both in the plain and angle form, fitting any section of
rail. They are sold hy the pair only, at a price not exceeding that of the ordinary
Bar fitting the same section of rail. Each pair of «* SAMSON »» will have a guaranteed
thickness at the rail joint of not less than one-half inch greater than the ordinary
bars, and at no greater cost per pair.

10,248,383 Bars to date, Dec. 31, 1891, epl to 15,598 MILES OF TRACK.

Also, THE "GREER" IMPROVED—

R. R. TRACK SPIKE, 51 2x7 8, 9/i6 to 3 8 THICK.

INDESTRUCTIBLE-GROUND LHISEL PWNT-PREYENTS TRACK SPREADING.

Office: 216 PHOENIX BUILDING, CHICAGO.

PAGE, NEWELL & CO, U'i? stl BOSi,

IRON, STEEL AND METAL MERCHANTS.

IMPORTERS OF SWEDISH NORWAY IRON.

9!
fj

h

Y

Representing THE PATENT SHAFT AND AXLETREE CO., Limited, of Wednesbury, England.
Manufacturers of STEEL TYRED CAR AND LOCOMOTIVE WHEELS.

Wrought Iron Centres, Double or Single Spokes.

"Brunswick," "Gibson," "Mansell" and "Bolt" Tyre Fastening.

Quotations furnished on Wheels for Passenger or Freight Service, Loose or Fitted to Axles.
F. O. B. LIVERPOOL. C. I. F. FOREIGN PORTS. IN BOND OR DUTY PAID, AMERICAN PORTS.

WOOTTM LOCOMOTIVE

MECHANICAL AND ELECTRICAL

folorloctiM and Block Sipal Systems.

Every Variety of Track Supplies. Heavy Tools.

Wharton Patent Switch — Main Track Unbroken.
Split Switches, Frogs, Crossings.

MACHINISTS AND MANUFACTURERS.

THE WHARTON RAILROAD SWITCH CO.,

Jenkintown, Pa. Philadelphia Office, 429 Chestnut Street.

MICHIGAN CAR COMPANY,

DETROIT, MICHIGAN,

MANUFACTURERS OF

Railroad, Freight, and Refrigerator

CARS.

Capacity, 1 O,OOO Cars per Annum.

CAR WHEELS, CASTINGS, CAR AXLES,
Forgings, Links, and Pins.

JAMES MCMILLAN, President.
HUGH MCMILLAN, Vice- President.
W. C. MCMILLAN, General Manager.

W. K. ANDERSON, Treasurer.
JOSEPH TAYLOR, Secretary.
R. E. PLUMB, General Agent.

THE MONITOR INJECTOR

FOR LOCOMOTIVES.

"NATHAN"

Sight-Feed Lubricators

For Locomotive Cylinders and Air Brakes.

CUT OF "88" MONITOR.

Fire Extinguishers

For Switching and Yard Engines.

BOILER WASHERS,

Rod and Guide Oil Cups, etc.

NATHAN MANUFACTURING CO

92 £ 94 LIBERTY STREET, NEW YORK.

SEND FOR DESCRIPTIVE CATALOGUE.

MADISON CAR COMPANY,
Madison, Ills.

CAPACITY, FORTY CARS PER DAY.

Freight Cars of Every Description,

CAR WHEELS,

Castings and Forgings.

L. M. RUMSEY, President. PAUL A. FUSZ, Treasurer.

C. D, McLURE, Vice-President. J. G. MILLER, Secretary.

T. C. SALVETER, General Manager.

SAINT CHARLES CAR CO.

Car Works and Foundry,

ST. OH^DFUL-ESS 3VIO.

CAPACITY:

2O Freight Cars per day.

2OO Passenger Coaches per annum.

3OO Street and Motor Cars per annum.

MANUFACTURERS OF

Every description of Passenger Coaches, Emigrant Sleepers, Combination, Bag-
gage, Mail, Caboose and Street Cars.

Every description of Freight, Refrigerator and Fruit Cars, Castings,
Forgings and Brasses.

EMPLOY 1,300 MEH. CAT* WHEKILS A- 8M2CIA.IL,TY.

Keep always on-hand 10 Million Feet of Thoroughly Seasoned Lumber of all descriptions,

W. H. GLASGOW, President. H. B. DENKER, Vice-Pres. and General Manager.

ALPH AYMOND, Secretary and Treasurer.

10

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12

GEO. WESTINGHOUSE, Jr., President. JOHN CALDWELL, Treasurer.

T. \V. WELSH, Superintendent. W. W. CARD, Secretary.

H. H. WESTINGHOUSE, General Manager.

THE

Westinghouse Air Brake Co.,

PITTSBURGH, PA., U. S A.,

MANUFACTURERS OF THE

WESTINGHOUSE AUTOMATIC BRAKE,

The WESTINGHOUSE AUTOMATIC BRAKE is now in use on 24,000 engines ar.d

325,000 cars. This includes 232,000 freight cars, which is about 23 per cent.

of the entire freight car equipment of this country, and about 80 per cent.

of these are engaged in inter-state traffic, affording the opportunity

of controlling the speed of trains by their use on railways

over which they may pass. Orders have been received

for 173,000 of the improved quick-action brakes

since December, 1887.

The best results are obtained in freight train braking from having all the cars in a
train fitted with power brakes, but several years' experience has proven conclusively that
brakes can be successfully and profitably used on freight trains where but a portion of the
cars are so equipped.

K. L. ADREON, Manner. JOHN B. GRAY, A^ent. C. C. HIGHAM, Gen'l Sup't.

TH E-

American Brake Company,

THE WESTINGHOUSE AIR BRAKE CO., LESSEE.

New York Office; Chicago Office :

160 Broadway, John B. Cray, Agt. Grand Pacific Hotel.

MANUFACTURERS OF

LOCOMOTIVE BRAKES

General Offices, St, Louis, Mo,, U. 8, A,

13

NEW YORK AIR BRAKE CO.

115 BROADWAY, NEW YORK.

BRANCH OFFICES:
Phoenix Building, Chicago,

T, Isbester, Manager.

Atlanta, Ga,

Robert E, Libby, Manager,

MANUFACTURERS OF

WATERTOWN,N,Y.

AUTOMATIC

COMPRESSED AIR BRAKES

FOR EVERY KIND OF

RAILROAD EQUIPMENT.

PERFECTLY INTERCHANGEABLE WITH THE
WESTINGHOUSE SYSTEM.

This Brake has been thoroughly tested in both passenger and freight service, and is
now in use on over 60 railroads.

We can refer by permission to these roads for the efficiency of the service rendered
by the New York Company's compressed air system.

With the same amount of steam used by the Westinghouse pump, our Duplex Pump
will compress 67 per cent, more air.

We guarantee our system to be equal or superior to any now on the market:

It is simple, durable, efficient and economical;

Orders in any quantity solicited and prompt delivery guaranteed.
Illustrated catalogues, full particulars

and prices furnished on application.

THE NEW YORK AIR BRAKE COMPANY,

I I 5 BROADWAY, NEW YORK.

ROYAL C VILAS, President,
CHAS, A. STARBDCK, Vice-President

JOHN C. THOMPSON, Secretary and Treasurer.
ALBERT P, MASSEY, Mechanical Engineer,

14

The Carnegie Steel Company, Limited,
of Pittsburg, Pa.

Boston,

New York,
Philadelphia,
Buffalo,

WITH SALES OFFICES AT

Cleveland,
Detroit,
Chicago,

Cincinnati,
Atlanta,
St. Louis,
Denver

Minneapolis,
and San Francisco.
MANUFACTURES AND SELLS

STEEL RAILS, BLOOMS, BILLETS, BEAMS,
CHANNELS, ANGLES, PLATES, AXLES,
LINKS, PINS, WIRE RODS AND NAILS,
CAR FORCINGS, PIG-IRON, SPIEGELEISEN,
and all forms of Rolled Iron and Bessemer and Open-hearth Steel.

FOR OUR OTHER ADVERTISING PAGE, SEE
ALPHABETICAL INDEX TO ADVERTISERS.

15

R. MUSHETS STEEL

"SPECIAL,"

For Lathe and Planer Tools.

"TITANIC,"

For Chisels, Taps, Dies, Chilled Roll Turning Punches, Etc., Etc.

(The 4i Trade-Marks " of which are registered in the United States.

TAYLOR IRON

BEST YORKSHIRE BAR IRON AND FORGINGS,

The best material for Stay Bolts, Crank Pins, Piston Rods, Parallel Rods,
Etc., Etc. Used by leading Railroads.

SOLE REPRESENTATIVES IX THE UNITED STATES.

B. M. JONES * CO., •

Nos. I I and 13 Oliver Street, BOSTON.

No. 143 Liberty Street, NEW YORK.

16

Norton Emery Wheel Go,

MAKERS OF

EMEBT and CORUNDUM WHEELS,

EMERY WHEEL M1CHIIEBT

and Numerous Specialties.

SPECIAL WHEELS FOR BROWN & SHARPE GRINDING MACHINERY.

ORDERS AND CORRESPONDENCE FOR NEW AND
EXPERIMENTAL WORK SOLICITED.

Complete Illustrated Catalogue mailed free on application.

NORTON EMERY WHEEL CO., Worcester, Mass.

Established, 1867. IBA DIMOCK, PRKS. j. L. OTIS, TREAS. Capital, $100,000.

NORTHAMPTON EMERY WHEEL GO,

MANUFACTURERS OF

PREMIUM QflTTTl EMGBV
JifillUl bULlU MMl

AND

CORUNDUM WHEELS

AND ALL KINDS OP

Emery Wheel

MACHINERY.

IsEEDS,

MASS.

WESTERN HOUSE: 2O South Canal Street, CHICAGO, ILL., whur,
earrit.'<l the only full ti<>i.riiii'-n'. ot (.; linkers', l'ulislifr&' anil i'lutci's' ^uiiplius WL-st-ol New York.

I. P. DWIGHT, I'res't A Tre«s. J. J. DEEHER, Sup't. A. 6. LOBENZ, S«c'y.

STEEL CASTINGS,

From 1-4 to 15,000 Ibs. weight.

True to Pattern, Sound and Solid,

SUCH AS

Coupler§ for Pa§seiigrer ami Freight Car§, Wheels, Rocker Arm§,

Cro§§-Head§ ami Piston-H ead§ for Locomotives, Journal Boxes

Brake-Block§ and Shoe§, Brake and Ratchet Wheels,

Pivot Plate, Frogs, Crossings, Frog Points, Seat

Backs, Crank Shafts, Wrenches.

GEARING OF ALL KINDS. DIES, HAMMER HEADS AND RAILROAD AND MACHINERY CASTINGS

OF EVERY DESCRIPTION.

6O,OOO Crank Shafts, 5O,OOO Gear Wheels, and I 5,OOO Locomotive
Cross Heads. 2O,OOO Knuckles for M.C.B. Standard Car Couplers

of this Steel now running prove its superiority over other Steel Castings.
Send for Circular and Prices to

CHESTER STEEL CASTINGS CO.

Office: 407 LIBRARY ST.. PHILADELPHIA, Pa. Works: Chester, Pa.

Founded 1793.

INSURANCE COMPANY OF NORTH AMERICA

232 Walnut St., Philadelphia, Pa.

FIRE, MARINE AND INLAND INSURANCE.

Aeroncies in all prominent cities and towns in the United States and Canada.

lOOth Annual Statement
Insurance Co. of North America, of Philadelphia, Pa.

January 1, 1892.

Real Estate $307.00000 | LIABILITIES.

First Mortgages on Real Estate, . . 2,547.398 73 ',

Boston, Hartford, Baltimore, Montreal, ! Capital Stock, $3,000.00000

and other City and State Loans. . 941.80000 Reserve for Re-Insurance, . . . 3.549,81154

Penusylvania. Philadelphia and Erie,

Lehisjh Valley and other Companies

Bonds and Stocks 3,555.080 00

€ash in Bank and Bankers' Hands, . 770,038 72

Loans with Collateral 142:700 00

Note? Receivable, and Unsettled Marine

Premiums,

Net Cash Fire Premiums in course of

Transmission, 445,049 82

Accrued Interest and all other Property, 195,118 9H
Total Assets, $9,278.220 00

Reserve for Unadjusted Losses, and

other Liabilities £03,933 15

Surplus over all Liabilities, . . . 2,335,47531

CHARLES PLATT, PRESIDENT. WILLIAM A. PLATT, VICE-PRESIDENT.

EUGENE L. ELLISON, 2o VICE-PRESIDENT. GREVILLE E. FRYER, SEC'Y AND TRCASURCR.
JOHN H. ATWOOD, ASST. SECRETARY.

18

Capital, $250,000.00. As-sets. Jan. I, 1892, $ I ,587,067. 4O
Amount of Losses paid to date, - - - S2,92O,8 I 8.O6

Fidelity and Casualty Co.

OF NEW YORK,

140-146 BROADWAY, NEW YORK.

INSURANCE.

FIDELITY.— Bonds of Suretyship for persons
in positions of trust.

CASUALTY.— Personal Accident, Plate Glass,
Boiler, Employer's and Landlord's
Liability.

DIRECTORS,

GEO. S. COE, Prest. American Exchange

National Bank.
J. S.T. STRAN AH AN, Prest. Atlantic Dock

Co.

A. E. ORR, of David Dows & Co.
Q. G. WILLIAMS, Prest. Chemical National

Bank.
J. ROGERS MAXWELL, Prest. C. R. R. of

N. J.
A. B. HULL, Vice-Prest. Morris County

Savings Bank.

THOS. S. MOORE, Counsellor-at-Law.
H. A. HURLBUT, Com. of Emigration.
WILSON G. HUNT, Retired Merchant.
JOHN L. RIKER, of J. L. & D. S. Riker.
J. G. McCULLOUGH, N. Y., L. E. & W. R. R.

Co.

WM. G. LOW, Counsellor-at-Law,
WM. M. RICHARDS, President.
GEORGE F. SEWARD, Vice-President.

GENERAL AGENCIES.

Atlanta, Ga.— W. T. CRENSHAW.

Baltimore, Md.- BIKCKHEAD & SON, 206 2d St.

l',n-t<»ll, MUsS. ELLISON, ('OOLIIKJK & Co., 70

Wat or Street.

Charleston, S. C.— JAH. ROBERTSON.
Chicago, Ill.-F. N. HAYDEN, Sup't, :>I7 I'hu-nix

Builainir.

Cleveland Ohio.— E. B. TIDD.
Denver, Col.— SEYMOUK WAKHKN, siKt nth St.
Detroit, Mich.— F. O. DAYVNPORT.
Duluth, Minn.— G. E. WKM.KS. Board of Trade.
Kansas City .Mo.— Jos. H. Hrsii.
Milwaukee, wifl.— A. E. SMITH & r«>.
Minneapolis, Minn. -JACOB STONE.

Xew Orleans, La.— MARSHALL J. SMITH & Co.

Omaha, Neb.— H. E. PALMER & SON.

Philadelphia, Pa.-C. A. DUY. 146 S. Fourth
Street.

Pittsburgh, Pa.- J. H. SCOTT.

Portland, Me.— Dow & PINKHAM.

Richmond Va.— J. J. BENSON.

Rochester, N. Y.— M. E. WOLLF.

San Francisco, Cal.— JAS R. GARNISS, 219 San-
some Street.

St. Louis, Mo.— F. E. FOWLER & <'<>., :J15 North
Third Street.

Washington, D. C.— AMERICAN SK«TKITV AND
TRUST Co.

19

FREDERICK SOUTHACK,

4O1 BROADWAY,

Branch Office. Ill Broadway, - - NEW YORK CITY.

REAL ESTATE

INVESTMENT PROPERTIES A SPECIALTY.

Have several choice pieces of property in the
Wholesale Dry Goods and adjoining Districts, on
the following streets, which will pay six per cent,
net and over. Rented for long terms.

BROADWAY,

WHITE STREET,

LEONARD STREET,

FRANKLIN STREET,

BROOME STREET,
FIFTH AVENUE,

WAVERLEY PLACE,

WASHINGTON PLACE,

WARREN STREET,

PARK PLACE.

20

WILLIAM TRENHOLM,

American Expert Accoitant and Auditor,

Fellow of American Association of Public Accountants,
No. 1 I WALL STREET.

All matters pertaining to Accounts.

Examination of Financial and Physical con-
dition of Railroads accurately and thoroughly
made.

STAFF OF EXPERT ACCOUNTANTS AND EXAMINERS.

AUTHORIZED REFERENCES, NEW YORK CITY.

National Park Bank.
Chemical National Bank.
Mechanics National Bank.
Hanover National Bank.
Western National Bank.
American Surety Company.
State Trust Company.
Col. John J. McCook.
Messrs. Bangs, Stetson, Tracy &
MacVeagh.

Messrs. Sullivan A Cromwell.
Messrs. Root & Clarke.
Messrs. Carter, Pinney & Kellogg.
Hon. Daniel G. Rollins.

Hon. Joel B. Erhardt,

Ex-Collector of ND Y.

Hon. Daniel S. Lament,

Pres. Pavonia & Houston St.
Railway Co.

21

FRANKLIN

Bank Note Company,

142 Broadway, COP. Liberty St., New York.

BONDS AND CERTIFICATES OF STOCK.

ALSO,

BANK NOTES, BILLS OF EXCHANGE, DRAFTS, CHECKS,

NOTES, PROPRIETORY STAMPS, LABELS, TAGS,

BILL AND LETTER HEADS,

DIPLOMAS AND CERTIFICATES OF MEMBERSHIP,

Insurance Policies, Calendars, and Commercial
Work of all kinds.

RAILWAY TICKETS

IN ALL VARIETIES.

ALL WORK EXECUTED IN FIREPROOF PREMISES.

A. CLAXTON CABY, MANAGER.

BANK OF MONTREAL

(ESTABLISHED 1817.)

BY ACT OF PARLIAMENT.

CAPITAL (all
IIKSK1IVKD Fl'M)

$12,000,000
6,000,000

If HAD OK MCE, MONTREAL.

BOARD OF DIRECTORS.

HON. Siu 1). A. SMITH. K.r.M.ti., l>r,*ident. HON. G. A. DRUMMOND, Vice- President.
A. T. PATBBBON, KsM. Hrc;ii MCLENNAN. Esq EDWARD B. GKEENSHIELDS, Esq.

\V. ( . Mi DONALD, Ks<,. Sir J. J. C. ABBOTT, K.C.M.G. R. B. ANGUS, Esq.

\V. II. MEREDITH, Esq.

E. S. CLOUSTON, General Manager.

ALEXANDER LANG, Assistant General Manager.

A. M AC N 1 1 > K \i , < '// icf Inspector, and Superintendent of Branches.

IN CANADA:

MONTREAL -H V. MEREDITH, Manager.

Do. West End Branch, St. Catherine Street.

ALMONTE, (Hit. HALIFAX, N.S.

QUEBEC, Que.

BVILLB,

HAMILTON, Ont.

REGINA,Assiniboia, X.W.T.

BKANTKOKI),

KINGSTON,

S A UNI A, Ont.

BROCKVILLS,

LINDSAY,

STRATFORD,

CAI.CARV, X.W.T.
CHATHAM, N.B.
CHATHAM. Out.
\ \V A LL,

LONDON,
MONCTON, N.B.
NELSON, B.C.
NEW WESTMINSTER, B.C.
OTTAWA, Ont.

ST. JOHN, N.B.
ST. MARYS, Ont.
TORONTO,
VANCOUVER, H.< .

FoUT WILLIAM.

PERTH,

VICTORIA,

GODERICH,

PETEKBORO,

WALLACEBURG, ont.

GUELPH,

PICTON,

WINNIPEG, Man.

IN GREAT BRITAIN:

LONDON, BANK OF MONTREAL, 22 Abchurch Lane, E.C.

COMMITTEE:
MH KiiiiKitT QnJJBSPlK. I>ETEU REDPATH, Esq. C. ASHWORTH, Manner.

IN THE UNITED STATES:

NI,\V ^()KK, A(ii.\( v HANK OF MONTREAL, 59 Wall Street.
< H l< A<.« ). H \NK < K .MDNTHKAF., The Temple Building, Corner La Salle and Monn>«> Sts.

BANKERS IN «.ICi:\l BRITAIN:

.N, 'I'M!-: liA.NK <>K IONOLAND.

THK I'MuN I'.ANK <>K LONDON.

TMKLONJM.N AM. \Vt -I 1 INSTKU »ANK.

LIVERPOOL, THE BANK OF LIVERPOOL.

SCOTLAND,

I THE BRITISH LINEN COMPANY
/ AND BRANCHES.

KAN KICKS l.\ THE UNITED STATICS:

NKU

, THK. HANK OF N K\V YORK. N. H. A
TIIK; M KIM -HA NTS NATION A i, HANK.
M«.>T«»N. Till Ml. \TKi.\ALBANK.

BUFFALO, BANK or COMHBRCE IN ]{IFFAI/».
SAN FRANCISCO, THE BANK OF BRITISH COLUM-
PORTLAND, OREGON, Do. [BIA.

Issue Circular Sotes and Letters of Credit Available in All Parts of the World,

THOMAS BRANCH & CO.,

KND BROKERS,

RICHMOND, VIRGINIA

CITT, STATE AND RAILROAD BONDS, STOCKS, FOREIGN EXCHANGE, etc.,

bought and sold. Circulars and information on the subject of the State debt free of
charge. One-eighth per cent, charged for funding State bonds.

UNITED STATES, CITY AND STATE DEPOSITORY.

RicJimond, Ya., January 1, 1892.

ASSISTS.

U. S. Bonds— market value, $470,000.00
Ci«h on hand ----- 244 404 & tl-

LIABILITIES.

Surplus and Undivided Profits, - - ""iS^eST'.PT
Circulation - - - 180 000 00

Due bv Banks & Kes. Agts., 168',£20.63
$882,625.06

Deposit* -'---------- 1 260'3-*3*57

Dividends payable Jan. 2, 1892, - - ' T'OOO.'OO

Rank Rnilrtinir 68848^7

Other Bond's - - ------ 7 869 66

Reserve with Treasurer U. S., - - - 9,000.00

81,831,981.54

$1,831,981.54

Interest Allowed on Deposits by Agreement. Bnsiness Paper Disconnted for Cnstoiers on Favorable Tens.

JOHN P. BRANCH, PRESIDENT. JOHN F. GLENN, CASHIER.

FRED. R. SCOTT, VICE-PRESIDENT. JOHN MORTON, ASSISTANT CASHIER.

C.W. BRANCH & CO.

Members Chicago Board of Trade),

BANKERS AND BROKERS,

ST7VTE QPCNK OWIL-DING,

RICHMOND, VIRGINIA.

Private Wires : Washington, Baltimore, Philadelphia, >'ew York, Boston, and Chicago.
J. WM. MIDDENDORF. Members Baltimore Stock Exchange. WM. B. OLIVER.

MIDDENDORF, OLIVER & CO.

BAJSTKEKS A^NT) BROKERS,

No. 213 E. German Street, [KKYSKR BUILDING.] Baltimore, Md.

Stocks and Bonds Bought and Sold on Commission. Special attention given to
Municipal and other Investment Loans. Dealers in Foreign Exchange. Drafts on
Europe and Letters of Credit furnished.

UK ii \ K ii n. i IMM:IC. \\ »i. < m;< KI,I;V SIIAXV.

FISHER & SHAW,

INVESTMENT BANKERS

AND

MEMBERS BALTIMORE STOCK EXCHANGE.

NEGOTIATORS OF AND DEALERS IN MUNICIPAL LOANS AND LOANS OF

WATER, GAS, ELECTRIC LIGHT AND STREET RAILWAY

COMPANIES POSSESSING MUNICIPAL

FRANCHISES.

STOCKS AND BONDS BOUGHT AND SOLD ON ORDER

AND

An Assortment of Investment Securities always
on hand and for sale.

OFFICE, P. O. Box 21.

4 SOUTH CALVERT ST. TELEPHONE 953.

BALTIMORE.

BARING, MAGOUN & CO.,

No. 15 Wall Street,

SUCCESSORS TO
KIDDER, PEABODY & CO., NEW YORK,

Issue Commercial and Travelers' Letters
of Credit, available in all parts of the
world.

Buy and sell Bills of Exchange and Tele-
graphic Transfers on Great Britain and
the Continent,

Agents and Attorneys for Messrs. BARING
BROTHERS & CO., Limited, London, and KIDDER,
PEABODY & CO., BOSTON.

CHOICE INVESTMENT SECURITIES.

25

JAMES G. WILSON,
FREDERICK M. COLSTON,
WILLIAM B. WILSON.

WILLIAM WILSON db SONS, ESTABLISHED 1802.
WILSON, COLSTON & Co., 1 867.

WILSON, COLSTON & Co.,

(Members of Baltimore Stock Exchange),

BANKERS,

216 EAST BALTIMORE STREET,

Baltimore, Maryland.

INVESTMENT AND MISCELLANEOUS SECURITIES A SPECIALTY, AND WHOLE ISSUES HANDLED.
EXCEPTIONAL FACILITIES FOR DEALINGS IN ALL CLASSES OF SOUTHERN BONDS. LOANS ON
COLLATERAL SECURITIES NEGOTIATED.

QUOTATIONS AND INFORMATION FURNISHED UPON APPLICATION, AND CORRESPONDENCE INVITED.

FIRST NATIONAL BANK,

SOUTH STREET,

BALTIMORE, MD.

Capital, $ JJJ 0,000.
Surplus, 275,000.

President,
JOHN W. HALL.

Collections

a specialty.

Remittances prompt.

Vice-President,

Cashier, GILMOR MEREDITH,

E. J. PENNIMAN.

26
THE

FOURTH NATIONAL BANK

OF THE CITY OF NEW YORK.

.1 AMI-S

J. EDWARD SIMMONS, President.

s X. ULISS, Yice-Pres't. C. H. PATTERSON, Cashier.

CANNON, Yice-Pres't. J. A. HILTNER, Ass't Cashier.

T -A. T

3Vt IE

May 17th,

RESOURCES

Discounts and Time Loans,

United States Bonds to secure circulation,

Other Securities,

Banking House,

Gold, -

Legal Tenders, -

Five per cent, fund,

Due from Treasurer V. S. ,

Due from Banks,

Exchanges,

Demand Loans,

LIABILITIES

Capital Stock,

Surplus,

Profits, net,

Circulation,

Due Depositors, viz. :

Banks, -

Individuals, -
Deposits held for acceptances,

T .

$5,480,608.50

• 1,407,260.52

2,250.00

15,000.00

1,638,399.66

5,850,855.45

7,853,392.28

$16,013,844.37

50,000.00

124,663.08

600,000.00

22,247,766.41
$39,036,273.86

$3,200,000.00
- 1,500,000.00

393.094.66 $5,093,094.66
- 45,000.00

$17,284,568.01
13,853,275.63

31,137,843.64
2,760,335.56

J. EDWARD SIMMONS. President,
14Na---au S:.. New York.

FREDERICK MEAD.

of Frederick Mead & Co., Importers and .Jobbers
of Teas, 104 Water and l.'tt Pearl Sis., New York.

I. US N. MLISS.

. Dry Goods Commission,

117 and 119 Duane Street, New York, and Boston
and Philadelphia.

CIIARLKS S. SMITH,

Pre-ident of the Chamber of Commerce.
Late of Smith. Hofrir & Gardner. Dry Goods Com-
mis*ion, 115 and 117 Worth Street, New York,
and Boston.

$39,036,273.86

JOHN H. INMAN,

Of Inman, Swann & Co., Cotton Factors and
Commission Merchants, Cotton Exchange Build-
ing, New York.

ROBERT W. STUART,

Of J. & J. Stuart & Co., Bankers, :« Nassau
Street, New York.

RICHARD T. WILSON,

Of R. T. Wilson & Co.. Bankers and Commission
Merchants, 33 Wall Street, New York.

MARCUS A. BETTMAN,
18 Broadway, New York.

JAMES G. CANNON,

Vice-President, 14 Nassau Street, New York.

New York Guaranty &
Indemnity Co.

MUTUAL LIFE BUILDING.

NO. 59 CEDAR STREET, NEW YORK.

Capital, $2,000,000. Surplus, $500,000.

In addition to its special charter privileges, this
Company posseses all the power of Trust Companies
under the New York Banking Laws; acts as Trustee
for Corporations, Firms and Individuals, as Executor
or Administrator of Estates and is a legal depository
of trust funds.

Interest allowed on deposits.

EDWIN PACKARD, President,

ADRIAN ISELIN, Jr., Vice Pres, H, A, MURRAY, Treas, and Sec,

GEO. R, TURNBULL, 2d Vice Pres, J, NELSON BORLAND, Ass't Sec,

DIRECTORS:

Samuel D. Babcock. Augustus D. Juilliard.

Frederic Cromwell. Jas. N. Jarvie.

Josiah M. Fiske. Richard A. McCurdy.

Walter R. Gillette. Alexander E. Orr.

Robert Goelet. Edwin Packard.

Ceo. Griswold Haven. Henry H. Rogers.

R. Somers Hayes. Henry W. Smith.

Oliver Harriman. H. McK. Twombly.

Charles R. Henderson. Frederick W. Vanderbilt.

Adrian Iselin, Jr. William C.Whitney.

J. Hood Wright.

38
THE

First National Bank

OF MILWAUKEE.

UXirKD STATES DEPOSITORY.

Capital, $200,000. Surplus and Earnings, $200,000.

Regular Banking Business Transacted,

SAFE DEPOSIT VAULTS.

Foreign Exchange and Investment Securities Bought and Sold.

H. II. CAMP. President. F. <;. BH4ELOW, Cashier. T. E. CAMP, Assistant Cashier.

DIRECTORS:

II. H. CAMP. HKNRY 0. PAYNE, B. K. MILLER, F. G. BIGELOW, THOS. E. CAMP

; UNION BANK OF LONDON;

CORRESPONDENTS: ^AMERICAN EXCHANGE NATIONAL. CHEMICAL NATIONAL AND

( FIRST NATIONAL, NEW YORK CITY.

L. C. NELSON. PRESIDENT. Xo. 1112. WM. E. BURR, Jr., CASHIER.

ST. LOUIS NATIONAL BANK.

ST. LOUIS, MO.
ESTABLISHED 1857.

CAPITAL, - -. - - - SI, OOO,OOO.OO.
SURPLUS, 2OO,OOO.OO.

DIRECTORS.

Hr*.H McKITTKICK, Prcs't Hengadine-McKittrick

Dry Goods Co.

(.AINS PADDOCK. Prc.-'i P.uUlock-Hawley Iron Co.
.1. I',. M. KEHLolJ. Pres'1 KHilor Milling Co.
JOHN Sct'LLIN. 1'rcs'r Wii»'ins Ferry Co., and

U. I). ^ M. c. Ry. Co.

F. MITCHELL, Wholesale Grocer.

W. E. BURR, Pres't Carterville Coal Co.

JAS. M. NELSON, Capitalist, Boonville, Mo.

A. K. ROOT. Capitalist, Alton, Ills.

W. T. ANDERSON, Grain Commission.

H. M. NOEL, Vice-Pres't, Broker.

L. C. NELSON, President,

Prompt and careful attention to collections and Banking in all of its departments,

LAMPRECHT BROTHERS & CO.,
BHNKERS,

CLEVELAND, NEW YORK, BOSTON,

113 Superior St. 1 1 Wall St. 53 State St.

THE PURCHASE AND SALE OF MUNICIPAL BONDS A SPECIALTY.

We negotiate bnii'l> of corporations having municipal franchises. Wo solicit correspondence with

holders ot Hank. Tm-t and private funds seeking investment, and with municipal and

corporation ollicers desiring to place bonds.

L-IST F^RNISHED ON

CHAS. H. POTTER & CO., Cleveland, Ohio,

DEALERS IX

LAKE SUPERIOR IRON MINING STOCKS:

Republic, Champion, Cleveland-Cliffs, Jackson, Pittsburgh & Lake

Angeline, Lake Superior, Minnesota, Chandler, Aurora,

Ashland, Metropolitan Iron & Land Co.

MUNICIPAL BONDS.
WATER WORKS COMPANY BONDS. STREET RAILWAY COMPANY BONDS.

WE MAKE A SPECIALTY OJ1 THE BONDS AND STOCKS OF THE

Denver City Cable Railway Co., West End Street Railway Co. of Denver. Street Railway Co. of Grind

Rapids, Mich., Evansville Street Railway Co., of Evansville. Ind.. Cleveland City Cable Railway Co.

and the Cincinnati, Newport and Covington Railway Co.

ST. LOUIS TRUST CO.,

Cor. 4th and Locust Sts., St. Louis, Mo.

CAPITAL AND SURPLUS,

$3,000,000.

DIRECTORS :

JOHN T. DAVIS. THOS. H. WEST, President. EDWARD C. SIMMONS,

DANIEL CATLIN, HENRY 0. HAARSTICK, ALVAH MANSUR. EDWIN 0. STANARD

SAM'L W. FORDYCE, WM. L. HUSE. EDWARD S. ROWSE, J. C. VAN BLARCOM

ADOLPHUS BUSCH, CHAS. D. McLURE, JNO. A. SCUDDER, EDWARDS WHITAKER.

JOHN D. FILLEY, Secretary. A. C. STEWART, Counsel.

Allows Interest on Deposits. Executes Trusts of every description. Acts as Registrar, Transfer
Ag-ent, Administrator, Trustee, etc.

Investments for ]ncome~M for Speculation.

STATE.

COUNTY,

TOWNSHIP,

MUNICIPAL

BONDS

In large and small amounts.
My extensive personal acquaint-
ance with northwestern locali-
ties, and knowledge of local in-
fluences affecting values, is an
important advantage to clients.

Judiciously selected Minneapo-
lis Bank Stocks are among the
very best investments, East or
West, as prices have not ad-
vanced to correspond with rapid
increase in actual value. There
has never been a bank failure
in Minneapolis. Quotations and
Official Statements sent on appli-
cation.

INVESTORS NET

5% TO 70/0

ON THE BEST

FIRST

BANK
STOCKS

EARN FROM

IO o/o to 22 o o NET.

PAY IN DIVIDENDS

6 o o to 12 o/o.

BALANCE to SURPLUS

OR
UNDIVIDED PROFITS.

INNEAPOLIS
ORTGAGES

Secured on Improved Income-
bearing Well-located Inside City
Property, with Title Insurance
in name of Mortgagee. Any
amount from $500 to 3500.000.
Have had 16 years' experience
in making estimates on Minne-
apolis Real Estate. Am conserva-
tive in fixing values.

As to ability or reliability in making the above line^ of Investments, I refer to any bank or
financial institution in thecity.^jg;

W. JEIVKJsi, Investment Banker,

ALL, INQUIRIES RECEIVE PERSONAL AND PROMPT ATTENTION.

J. & W. SELIGMAN & CO.,
BANKERS,

Mills Building, 21 Broad Street, New York.

ISSUE

Letters of Credit for Travelers,

Payable in any part of Europe, Asia, Africa, Australia and America,

DRAW BILLS OF EXCHANGE ON AND MAKE TELEGRAPHIC
TRANSFERS OF MONEY TO EUROPE AND CALIFORNIA.

SELIGMAN BROTHERS, London.
SELIGMAN, FRERES & CIE, Paris.
SELIGMAN & STETTHEIMER, Frankfurt.
ANGLO-CALIFORNIAN BANK, Limited, San Francisco, Cal.

WILLIAM T. MEREDITH & CO.,

29 WALL AND 3 BROAD STREET,
Drexel Building. NEW YORK CITY.

BONDS AND INVESTMENT SECURITIES

BOUGHT AND SOLD.

Investment or Speculative Orders Executed in Stocks and
Securities Listed on The New York Stock Exchange.

31

R. T. WILSON & CO.,

»] j ** Bankers*-^ |[
33 WALL STREET, - NEW YORK.

TRANSACT A GENERAL, BAXKIXO BUSIXESS.

Receive Accounts of Corporations and Individuals on
Liberal Terms.

NEGOTIATE STATE, MUNICIPAL AND RAILROAD

SECURITIES.

CORNELIUS C. CUYX.ER, )

BENJAMIN- GRAHAM. (_ General MORRIS K. JESUP, • Special

JUNIUS SPENCER MORGAN, i Partners. JOHN PATON, >' Partner*.

FRANCIS J. PATON,

CUYLER, MORGAN & CO.,

SUCCESSORS TO JOHN PATON & CO.

No. 52 William Street, New York.

Accounts and Agency of Banks, Corporations, Firms and
Individuals received upon Favorable Terms.

Bonds and Stocks Bought and Sold on Commission, and full information
furnished regarding securities.

DIVIDENDS AND INTEREST COLLECTED AND REMITTED.

as Agents for Corporations in Paying Coupons and Dividends. Also
as Transfer Agents.

Sound Railroad and Municipal Bonds Negotiated, Foreign Exchange Bought and Sold.

DRAW ON THE UNION BANK OF LONDON,
BRITISH LINEN CO. BANK, LONDON AND SCOTLAND.

32

'

GEORGE COPPELL. THOS. MAITLAND.

GERALD L. HOYT, MEMBER or NEW YORK STOCK EXCHANGE.

MAITLAND, PHELPS A CO.

22 AND 24 EXCHANGE PLACE,

NEW YORK.

TRANSACT A GENERAL BANKING BUSINESS

Execute Orders for Investment Securities. Act as Agents
of Corporations, and Negotiate and Issue Loans.

BILLS OF EXCHANGE,

TELEGRAPHIC TRANSFERS,

LETTERS OF CREDIT

ON

Messrs. SMITH, PAYNE & SMITHS, - London,
Messrs. MALLET FRERES & Cie,, Paris,

BANCO NACIONAL DE MEXICO, Mexico and Branches,

AND

Letters of Credit for Use in the United States and Canada.

AGENTS OF THE BANK OF AUSTRALASIA.

AUGUST BELMONT & CO

BANKERS,

IVo. 23 IVassan St.,

AGENTS AM) CORRESPONDENTS (IF THE

Messrs. ROTHSCHILD,

LONDON, PARIS, FRANKFORT, AND VIENNA.

Circular Credits for Meiers

AVAILABLE IN ALL PARTS OF THE WORLD,

ALSO COMMERCIAL CREDITS.

Draw Bills of Exchange, and make Cable Transfers to
Europe, West Indies, Mexico, and California.

Execute Orders for the Purchase and Sale of Investment Securities,

34

MORTON, BLISS & CO.,

BANKERS,

Corner Cedar and Nassau Streets, New York,

ISSUE CIRCULAR NOTES AND LETTERS OF CREDIT

FOR TRAVELLERS;

AVAILABLE IN ALL PARTS OF THE WORLD :

NEGOTIATE FIRST-CLASS RAILWAY, CITY AND STATE LOANS,

MAKE TELEGRAPHIC TRANSFERS OF MONEY,

AND DRAW EXCHANGE ON THE PRINCIPAL CITIES OF EUROPE.

COFFIN & STANTON,

72 BROADWAY, NEW YORK.

Negotiate State, Municipal, Railroad and Water Honds.

LONDON, ENGLAND.

COFFIN & STANTON, Limited,

43 THREADNEEDLE STREET.

JOHN H. DAVIS & CO.,

No. 1O Wall Street,

(Astor BtiUfliHt/.) NEW YORK.

Members of New York and Philadelphia Stock Exchanges.

ORDERS FOR STOCKS AND BONDS EXECUTED AT
ALL EXCHANGES.

Especial attention given to careful inves-
tigation of mortgage bonds, with a view of
determining their actual value.

Trustworthy information respecting railway
properties or obligations at the service of our
customers.

We are thus enabled to give valuable and
intelligent aid to those seeking safe and profit-
able

HIGH CLASS SECURITIES CONSTANTLY ON HAND.

86

KNAUTH, NACHOD & KUHNE,

5 and 7 SOUTH WILLIAM STREET,

NEW YORK.

MAKE ARRANGEMENTS WITH BANKS AND BANKERS in the United States
enabling them TO ISSUE their OWN DEMAND DRAFTS on over 3OO
of the principal cities of Europe and the Orient.

ISSUE LETTERS OF CREDIT for Travelers, available in all parts of
the world.

TRANSFER MONEY by Mail and Telegraph.

SELL DRAFTS on Australia, South Africa, British India, China, Japan,
South America, Mexico, Havana, and the West Indies.

SIMON BORG & CO.,

ISTo. 2O USTassaruL Stjrreeti,
NEW YORK,

Dealers in all kinds of

Railroad and Investment Securities.

Sautliern Securities a Specialty.

QUIGLEY & TUTTLE,

6 Wall Street, New York City,

BUY AND SELL

Highest grade Railroad First Mortgages; State, City,
County Bonds; and all first-class Securities
that are desirable for the investment of
Saving, Estate and Trust Funds.

N. W. HARRIS & CO.

BANKERS,

AND DEALERS IN

Municipal and Corporation Bonds.

We keep on hand at all times City, County and School Bonds, which
we own and have selected after a personal examination into legal status,
etc., which we recommend to conservative investors. SEND FOR DE-
SCRIPTIVE LISTS. Write us if you wish to buy or sell.

15 WALL STREET, NEW YORK.

163 and 165 Dearborn St., Chicago. 70 State St., Boston.

NEW YORK PHONOGRAPH CO.,

257 FIFTH AVENUE, NEW YORK CITY.

Phonographs and Graphophones Rented for Business Purposes, for Family

Fse, and for Exhibitions.

P tease Xote the Fact that

BANKERS, BROKERS, LAWYERS, STENOGRAPHERS. MERCHANTS,

PHYSICIANS, TYPEWRITER OPERATORS,

and other professional and business men find these instruments indispensable, and enable them to
get out their correspondence and other matter in one half of the time formerly required.

In the family circle and for public entertainment these machines are an endless source of
pleasure. Music of all kinds is faithfully reproduced, and the voices of friends, professional singers and
instrumental music of all kinds can be stored up and repeated on these instruments as often as desired.

Call and hear these instruments, or send for circulars, pamphlets, and terms.

88

KNICKERBOCKER TRUST CO.

234 Fifth Avenue, corner 27th Street,

BRANCH OFFICE, 18 Wall St. and 3 Nassau St., N. Y

CAPITAL and SURPLUS, $1,OOO,OOO.OO

DESIGNATED LEGAL DEPOSITORY.

INTEREST allowed on deposits. Checks pass through the Clearing House

same as those on City Banks.

Acts as Executor or Administrator of Estates, and as Guardian, Receiver,

Registrar, Transfer and Financial Agent for States, etc.,

railroads and corporations.

JOHN P. TOWNSEND, President. CHARLES T. BARNEY, Vice-Presideiit.

JOSEPH T. BROWN, 2d Vice-President.

Joseph S. Auerbach, Henry W. T. Mali, John S. Tilney, Frederick G. Bourne,

Harr\ !!. Hollins, Andrew H. Sands, E. V. Loevv, Robert Maclay.

Jacob Hays. James H. Breslin, Henry F. Dimock, C. Lawrence Perkins,

< 'has. T. Barney, Gen. Georyre ,',. Magee, John P. Townsend, Edward Wood,

A. Foster Higgins, I. Townsend Burden, Charles F. Watson, Wm. H. Beadleston.

Robert G. Remsen, David H. King-, Jr., Alfred L. White.

FRED'K L. ELDRIDGE, Secretary. J- HENRY TOWNSEND, Asst. Secretary.

THE METROPOLITAN TRUST CO.

OF THE CITY OF NEW YORK.

Capital, $1,000,000, Surplus, $800,000,

Nos. 37 and 39 WALL ST.

by order of the Supreme Court as a legal depository. Will receive deposits
of -money on interest, act as fiscal or transfer agent, or trustee for corporations, and accept
and execute su»y '<'gal trusts from persons or corporations on as favorable terms as other
similar companies.

THOMAS HfLLHOUSE, Presidettf,

1 Ui:i)i:i!lCK D. TAPPEN, Vice- President.

CHARLES M. JESUP, 2d Vice-Pre«i<I<>ttt.

BEVERLY CHEW, Secretary.

GEORGE D. COANEY, Ass't Secretary.

TRUSTEES:

MORRIS K. JESUP, JOSEPH OGDEN, ROBERT HOE,

A. GRACIE KING, EDWARD B. JUDSON, HEBER R. BISHOP,

WALTER T. HATCH, THOMAS HILLHOUSE, J. HOWARD KING,

DUDLEY OLCOTT, JOHN T. TERRY, HENRY B. PLANT,

GEORGE A. HARDIN, D. O. MILLS, WM. A. SLATER,

BRADLEY MARTIN, FREDERICK D. TAPPEN, JOHN W. ELLIS,

W. H. TILLING HAST, C. P. HUNTINGTON, WM. L. BULL.

39

THE WASHINGTON TRUST CO.

OF THE CITY OF NEW YORK.

STEWART BUILDING, 280 BROADWAY,

IVEW YORK.

Capital, -

Surplus and Vmlir tried Profits,

$500,000
350,000

Receives deposits on time, or subject to check through the New York Clearing House ; allows
interest on daily balances, and special rates on deposits remaining for a fixed period.

Acts as Executor, Administrator, Guardian, Trustee, Receiver. Receives deposits of Trust
funds, and of moneys paid into Court.

FISCAL AND TRANSFER AGENT AND REGISTRAR OF STOCKS AND BONDS,

DAVID M. MORRISON', President. CHARLES F. CLARK, Yice-Presirlent.

FRANCIS H. PAGE, Secretary. WILLIAM LUMMIS, 2d Vice-President.

M. S. LOTT, Assistant Secretary.

TRUSTEES:

CH 4RLES F. CLARK. L. T. POWELL. SETH E. THOMAS. E. C. ROMANS.

DAVID M. MORRISON. GEORGE L. PEASE. Lucius K.WILMERDING. WILLIAM LUMMIS.

CHARLES H. RUSSELL. WILLIAM HENRY HALL. JOSEPH C. BALDWIN. CHAS. A. JOHNSON.

GEO. H. PRENTISS. GEO. E. HAMLIN. GEO. AUSTIN MORRISON. JOHN R. HEGEMAN.

JOEL F. FREEMAN. P. C. LOUNSBURY. JOHN F. ANDERSON, Jr. WILLIAM WHITING,

I ¥» nJLXJ-^SJ,

Holyoke, Mass,

CONTINENTAL TRUST COMPANY OF THE
CITY OF NEW YORK,

No. 18 WALL STREET, NEW YORK.

CAPITAL, $500,000.

SURPLUS, $250,000.

Tins COMPANY receives deposits on time and on demand, and is authorized to act
as EXECUTOR, ADMINISTRATOR, GUARDIAN, RECEIVER and TRUSTEE; as
fiscal and transfer agent, and as Registrar of Stocks and Bonds.

The Company offers to Executors and Trustees of Estates, and to Religious and
Benevolent Institutions, exceptional facilities for the transaction of their business

Interest Paid on Daily Balances. Special Rates on Time Deposits.

CHECKS ON THIS COMPANY ARE PAID THROUGH THE CLEARING-HOUSE.

Jno. C. Havemeyer,
Charles M. Fry/
Wm. Alex. Smith,
Gordon Norrie,
Hugh N. Camp,

WM. ALEX SMITH,
1st Vice-Prest.

TRTJ STEES.

Robert Olyphant, Robert S. Holt,
William Jay. Henry M. Taber,

Alfred M. Hoyt. William Potts.

James C. Pairish, William H. Wisner,
\Vrn. F. Cochran, Henry A. Oakley.

HENRY A. OAKLEY, President.
GORDON MACDOXALD,
2d Vice-Prest.

A. Lanfear Norrie,
Oliver Harriman, Jr.
Thomas T. Barr.
Gordon Macdonald.
Sherman S. Rogers,
Buffalo.

WILLIAM POTTS,
Secretary.

40

The State Trust Company

50 WALL STREET.

ANDREW MILLS, President pro tern. WILLIAM STEINWAY, 2d Vice-Pres.
WILLIAM L. TRENHOLM, 1st Vice-Pres. JOHN Q. ADAMS, Sec.

CAPITAL, $1,000,000. SURPLUS, $710,525.07.

WILLIS S. PAINE,
HENRY H. COOK,
CHARLES R. FLINT,
WILLIAM L. TRENHOLM,
WILLIAM B. KENDALL,
WALTER S. JOHNSTON,
• IDSKI'II N. HALLGCK,
CHARLES SCHIBNER,

TRUSTEES.

WILLIAM STEINWAY,
PERCIVAL KNAUTH,
EDWIN A. MCALPIN,
WILLIAM MERTENS,
ANDREW MILLS,
EBENEZER K. WRIGHT,
WM. H. VAN KLEECK,
JOHN Q. ADAMS.

CHARLES L. TIFFANY,
WILLIAM A. NASH,
GEO. FOSTER PEABODY,
JOHN D. PROBST,
GEORGE W. WHITE,
HENRY STEERS,
GEORGE W. QUINTARD,
FORREST H. PARKER

ACTS AS TltrSTKE, EXECUTOR, ADMINISTRATOR, GUARDIAN, RECEIVER; ALSO
FISCAL AVI) TRANSFER AGEXT AND REGISTRAR OF STOCKS AND BONDS.

TAKES THE ENTIRE CHARGE OF REAL AND PERSONAL ESTATES.

•S A LEC.AL DEPOSITORY FOK COURT AND TRUST FUNDS. ALLOWS INTEREST ON

DEPOSITS.

HOLLAND TRUST COMPANY

(Organized under the Laws of the State of New York)

33 NASSAU STREET, NEW YORK CITY.

Gfvip±~t£vl Axxd. JSTJLx-iol-vi.es ZF'xixa.cl, - $1,OOO,OOO.

Deposits received subject to Check, or on Deposit-Certificates payable on demand or on
time. Current interest allowed on balances, and special rates on time deposits. Acts as
K.rcrtifor, Administrator, Trustee9 Guardian, Registrar or Transfer Agent for
Railroad Companies or States, Cities, Countries, Towns and Villages, and as Trustee for
Railroad or other Corporation Mortgages. Will take entire charge of real and personal
estates. All matters entrusted to our care will receive prompt and careful attention.

OFFICERS.

ROBERT B. ROOSEVELT, President. GEO.M. VAN HOE SEN, Vice-President.
JOHN D. VERMEULE, Vice-President. JAMES B. VAN WOERT, Secretary.

TRUSTEES.

HKNJ. F. VOSBUHGH, M.I)., New York City.

Jos. S. STOUT, Stout & Co., Bankers, N. Y. City.

!)\ MI:L A. HEALD, Pres. Home Ins. Co., N.Y.( ity

Hon. CHAS. P. DALY, New York City.

C. VY. HUTCH INSON, rtica. N. Y.

W. J. AKKELL, Pres't Judge Pub. Co., N.Y. City.

Sir JOHN SWJXHUKNK, Hurt., M. P., Newcastle-

nn-Tyne, England.

\v M. .1 \ v I VKS. Metals, New York City.
JOHN W. MURRAY, Vice- PreB*t German- American

Ins. Co., New York City.
ALBERT G. HO<;KKT, Hiiilder, N. V. City.
JOHN \V. VKOOMAN, Treas.. Mutual Reserve

Fund Life Insurance Co., N. Y. City.

A. VAN Ai.Mix. I'n-s'r First National

Hank, Albany, N. V.
WAKNKU VAN NOKPKN. I'n-s't National Bank of

North Amerira, N. V.
Hon. (iKO. M. VAN HOKSKX. New York.
WM. REMSKX. Vii-e-Pn-s't (M-.-i-nwic-h Savings

I Sank. N. V.
Hon. JOHN VAN Vooinns. Korh« sin-. N. Y.

JOTHAM (JOODXUW, I'ro't .KtMU Ill>. Co.,

Hartford, Conn.

ROUT. M. KOOSKVKI.T. I'res't, New York City.
JOHN D.VEKMKII.I:. I'1-f.-.'t (ioi.i|y«-ai- (ilove Mfg.

Co., X. Y. City.

J AMKS H. VAN WOI.UT. Secretary, N. Y. City.
TUNIS (i. I'.KIU.IN. Brooklyn, New York.

•il

MANHATTAN TRUST COMPANY,

Corner of Wall and Nassau Streets, NEW YORK.

Manhattan Trust Company Building, corner of Wall and Nassau Streets.

CAPITAL,

$1,000,000.

FRANCIS O. FRENCH, President. JOHN I. WATERBTTRY, Vice-president.

AMOS T. FRENCH, Secretary.

JOHN L. CADWALADER, Counsel.

STROXG & CADWALADER, Attorneys.

A Legal Depository for Trust and Court Funds and General Deposits.

LIBERAL RATES OF INTEREST PAID ON BALANCES.

The Company is authorized to act as Executor, Administrator. Guardian. Receiver and Trustee : as
Fiscal and Transfer Agent. Registrar of Stocks and Bonds. The Company offers to Executors and Trustees of
Estates, and Rtlicrioiislmd Benevolent institutions, exceptional facilities for the transaction of their business.

DIRECTORS, 1592.

AUGl>T BELMONT, of Messrs. August Belmont & Co.. N. Y.

C. C BALDWIN . . New York.

H. W. CANNON Prest. Cha-e Nat. Bauk. . . New York.
T. J. COOLIDGE. Jr.. Pres. Old Colony Trust Co. . Boston.
R. J. CROSS, of Messrs. Morton, Bliss & Co., . New York.

JOHN R. FORD. ....... New York.

FRANCIS ORMOND FRENCH, President, . . New York.
JOHN N A. GPISWOLD . . . New York.

H. L. HIUGIN SON. of Me-srs Lee, Hicsrinson & Co., . Boston.

JOHN KEAN. Jr., Pres Nat. State Bank. . Elizabeth, N J.
H. O. NORTHCOTE, of Messrs J Kennedy Tod & Co., . N.Y.
E. D. RANDOLPH, Pres. Continental Nat. Bank. . New York.
A. S. RO3ENBAUM. of Messrs A S. Rosenbaum & Co , N. Y.

JAMES O. SHELDON New York.

SAMUEL R. SHIPLEY. Pres. Prov. Life and Trust Co., Phila.
CHARLES F. TAG of Messrs. Charles F. Tap & Son, Now York.
R. T. WILSO-T. of Nfe«srs R. T. WILSON i; Co., . New York.
JOHN I WATERBURY, Vice-President, . . New York.

CENTRAL TRUST COMPANY

OF NEW YORK.

No. 54 Wall Street.

CAPITAL, $1,000,000.
SURPLUS, $5,022,553.04.

Allows interest on deposits, returnable on demand, or at
specified dates.

Is a legal depository for money paid into Court. Is authorized
to act as Executor, Administrator, Guardian, or in any other
position of trust.

Also as Registrar or Transfer Agent of Stocks and Bonds,
and as Trustee for Railroad and other Mortgages.

FREDERIC P. OLCOTT, President.
GEORGE SHERMAN, Vice-President.
E. F. HYDE, 2d Vice-President.
C. IL P. BABCOCK, Secretary.
B. G. MITCHELL, Ass't Secretary.

EXECUTIVE COMMITTEE.

THE PRESIDENT.

SAMUEL D. BABCOCK, J. PIERPONT MOEGAN,

CHARLES LANIER, ADRIAN ISELIN, JR.,

JNO. S. KKNNEDY, SAMUEL TIIORNE,

CORNELLS N. BLISS, A. D. JUILLIARI).

BOARD OF TRUSTEES.

Class of 1893. Class of 1894.

A. A. LOW.

WM. ALLEN IJUTLKIt.

PER. V R. I'YNE.

WM. II. AI'PLETON.

(,F.i> MACrrLLOCH MILLKR,

CORNELIUS N. BLISS

OLIVER HAH SUM AN*

B. G. MITCHELL.

3AM1 L I). BABCOCK,
.IAMFS !>. WALLACE,
.IOSIAH M. FISKE,
HEXKV F. SPAULDING,
JOHN S. KENNEDY,
SAMUEL TIIORNE,
ADRIAN ISELIN. ,1 u.
K. V. HYDE.

Class of 1895.

J. PIERPONT MORGAN,

('HAS. LANIKIJ.
('HAS. Q. I.ANDON.
WM. II . WEBB.
V. P. OLCOTT.
IIFA'RY TALMAIM.E.
GEOIK'E SHKK'MAN,
A. D. JU1LLIARD.

OF NEW YORK,

Nos. 45 and 47 Wall Street.

Capital and Surplus,

TEN MILLION DOLLARS.

This Company is a legal depository for moneys paid into
Court, and is authorized to act as guardian, trustee, executor
or administrator.

INTEREST ALLOWED ON DEPOSITS,

which may be made at any time and withdrawn after five days
notice, and will be entitled to interest for the whole time they
may remain with the Company.

Executors. Administrators, or Trustees of Estates, and
Women unaccustomed to the transaction of business, as well as
Religious and Benevolent Institutions, will find this Company a
convenient depository for money.

JOHN A. STEWART, President. GEORGE BLISS.

JAMES S. CLARK. X?ci>n>i Vic^-Pff side/it.
IIEXRY L. THORNELL. Secretary. LOUIS G. HAMPTON. Assistant .

WILSON G. HUNT.
DANIEL D. LORD.
SAMUEL SLOAN,
JAMES LOW.
WM. WALTER PHELPS.
D. WILLIS JAMES.
JOHN A. STEWART.
ERASTUS CORNING. Albany.

TRUSTEES.

JOHN HARSEN RHOADES.
ANSON PHELPS STOKES,
GEORGE BLISS,
WILLIAM LIBBEY.
JOHN CROSBY BROWN.
EDWARD COOPER.
W. BAYARD CUTTING.
CHARLES S. SMITH,

WM. ROCKEFELLER.
ALEXANDER E. ORR,
WILLIAM H. MACY. Jr.,
WM. D. SLOAN.
GUSTAY II. SCHWAB.
FRANK LYMAN. Brooklyn.
GEORGE F. VIETOR.
WM. WALDORF ASTOR.

44

FARMERS' LOAN AND TRUST CO.,

16, 18, 20 and 22

WILLIAM STREET,

Km Tort City,

CAPITAL,

$ 1 5OOO,OOO

SURPLUS,
Over

$3,5OO,OOO

INTEREST ALLOWED ON DEPOSITS, which may be made and with-
drawn at PLEASURE.

This Company acts as EXECUTOR, ADMINISTRATOR, TRUSTEE,
GUARDIAN, RECEIVER, and in all other FIDUCIARY CAPACITIES.
Transfer Agent and Registrar of the Stocks of Incorporated Companies.

SAM i KL SLOAN.
W. W. ASTOR.
WILLIAM K KM SEN.
ISAAC HKI.L.
JAMES ROOSEVELT.
THOMAS HITTER.

W. H. WlSXER.

D. O. MILL*.
R. L. CI:TTIX«.

DIRECTORS.

PERCY R. PYNE.

WILLIAM WALTER PHELPS.

E. R. BELL.

C. H. THOMPSON.

HENRY A. C. TAYLOR.

ROBERT C. BOYD.

FRANKLIN I). LOCKK.

HEN it Y HENTZ.

H. VAN RENSSALAER KENNEDY.

ALEX. T. VANNEST.
R. G. ROLSTON.
JAMES STILL-MAN.
MOSES TAYLOR PYNE.
ALFRED C CHENEY.
ROBERT F BALLANT; N i
JAMES NEILSON
< 'n AKLES L. COLBY.
E. R. BACON.

R. <;. KOLSTON. Pivst. W. I). SKAKLS, Vice-Prcst. »>I. H. LKl'PP, iM V.-Prcst.
EDWIN S. MAKSTOX, Socy. SAMUEL SLOAN. .Jr.. Asst. Socy.

45

HENRY W. POOR. JOHN GREENOUGH

POOR S GREENOUGH,

BANKERS,

20 WALL STREET, SEW YORK.

Orders Executed for all Securities Dealt in at
the New York Stock Exchange,

RAILWAY INVESTMENT

A Specialty.

CHOICE SECURITIES ALWAYS ON HAND.

We are in correspondence with nearly every Railroad

Company in the Country through our

connection with

"POOR'S MANUAL OF RAILROADS,"

which gives us special advantages for information for
the benefit of our customers.

Correspondence Invited. Interest allowed on Deposits, subject to Check at sight

20 WALL STREET, NEW YORK.

46

LA MONTAGNE, CLARKE & CO.,

(Members New York Stock Exchange)

BANKERS,

15 Broad St. (Mills Building),

Receive deposits subject to check at sight.
Interest allowed on daily balances.

Execute orders for the purchase of Stocks
and Bonds for Investment or on Margin.

Connected by Private Wire with branch
offices in Montreal and Toronto, Canada;
also Burlington and Rutland, Vermont.

Correspondents in Chicago, Boston, Phila-
delphia and Buffalo.

H. J. GOODWIN,

4O and 42 Wall Street, NEW YORK,

DEALER IN

igh Grade First Mortgage Bonds

OF

RAILROADS, TOWNS

AND

INDUSTRIAL CORPORATIONS.

Suitable for Conservative Investments.

CORRESPONDENCE AND PERSONAL INTERVIEW INVITED.

JAMES WHITELT. THOS. H. BOLMER. H. CRmEu OAKLET. MAYXARD C. ETRB.

PRINCE & WHITELY,

Bankers and Brokers,

No. 64 BROADWAY, NEW YORK.

All Classes of RAILWAY STOCKS,

also Grain, Provisions, Petroleum,

and Cotton, Bought and Sold

on Commission.

SPECIAL ATTENTION GIVEN TO INVESTMENTS.

BROWN BROTHERS & CO.,

59 WALL ST., NEW YORK; 209 CHESTNUT ST., PHILADELPHIA;
66 STATE STREET, BOSTON.

AND

ALEXANDER BROWN & SONS,

Cor. Baltimore and Calvert Sts., BALTIMORE,

ALL CONNECTED BY PRIVATE WIRE.

Members of the New York, Philadelphia and Baltimore Stock Exchanges.

EXECUTE ORDERS FOR PURCHASE AND SALE OF STOCKS, BONDS,
AND ALL INVESTMENT SECURITIES. BILLS OF
EXCHANGE BOUGHT AND SOLD.

Commercial Letters of Credit, and Travelers' Letters of Credit issued,
available in all parts of the World. Collections made on all points ; Tele-
graphic Transfers of Money made between this country and Europe. Deposit
Accounts of American Banks, Bankers, firms, also Individuals received
upon favorable terms.

TO TRAVELERS. — Travelers' Credits issued either against Cash deposited, or satisfactory
guarantee of repayment.

In Dollars, for use in the United States and adjacent countries, or in Pounds Sterling,
for use in any part of the world.

Application for Credits may be addressed to either of the above Houses direct or
through any first-class Bank or Banker.

BROWN, SHIPLEY & Co.,

Founder's Court, Lothbury, LONDON.

,,V2£W\ M

^>r\&} \
^^ 4\ \'^

.j/t/'/rtj/y //*/•/ f SSY//S •srs//////mr/y /•/.*//'/'/:). /vv/s/),

'////s, / /. >//>/x^v ; /wbntws/.j, t:///w:j / '//// ///////>/

/ " ^/ o /^/^

/A// /y///////,v/////^_^//////^x>, V •///<?& /'// '.,

// //

V Y &t ;** Y*i f t v r**

. ff />.; / ^? iv> >?

1*^' — * '" ' -I-.-T-JJ-V

American Bank Note Company,

78 TO 86 TRINITY PLACE, NEW YORK.

BUSINESS FOUNDED, 1795. — INCORPORATED UNDER LAWS OF STATE OF NEW YORK, 1858. — REORGANIZED 1879

ENGRAVERS £ PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange, Letter Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IN THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES,

WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING.

Special papers manufactured exclusively for use

of the Company.

SAFETY COLORS.- —SAFETY PAPERS.

WORK EXECUTED IN FIRE-PROOF BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,

AND

ILLUMINATED SHOW CARDS

OF THE MOST APPROVED STYLES.
NUMBERED, LOCAL AND COUPON TICKETS, of any Size, Pattern, Style, or Device with Steel Plate Tints.

LITHOORAPHIC AND TYF>K PRINTINQ.

SHOW CARDS, LABELS, CALENDARS.

Blank: Boolcs of lEDverjr Description

JAMES MACDONOUGH, PRESIDENT.
AUG. D. SHEPARD,— VICE-PRESIDENTS— TOURO ROBERTSON.

THEO. H. FREELAND, SECRETARY AND TREASURER.
JNO. E. CURRIER, ASST. SECRETARY. J. K. MYERS, ASST. TREASURER.

P. C. LOUNSBURY, JOS. S. STOUT. J. B. FORD,

T. H. PORTER, W. J. ARKELL, E. C. CONVERSE, ELLIOTT F. SHEPARD.

COPYRIGHT, 1892, BY POOR'S RAILROAD MANUAL CO.

4!)

ESTABLISHED 1831.

ANNUAL CAPACITY, 1000.

BALDWIN LOCOMOTIVE WORKS,

BURNHAM, WILLIAMS & CO., Prop's,

PHILADELPHIA, PA.,

MANrFACTtT.Ell- OK

Locomotive Engines,

Adapted to every
variety of service,
and built accu-
rately to standard
gauge and tem-
plates. Like parts
of different en-
gines of the same
class perfectly in-
terchangeable.

Compound Locomotives.

>road and Narrow Gauge Locomotives ; Mine Locomotives by steam or
compressed air ; Plantation Locomotives.

PHOTOGRAPHS AND ESTIMATES FURNISHED ON APPLICATION OF CUSTOMERS. ALL WORK

THOROUGHLY GUARANTEED.

NOISELESS STEAM MOTORS,

For City and Suburban Railways.

These machines are nearly noiseless in operation ; show no smoke with the use of anthracite coal or coke
* fuel, and show little or no steam under ordinary conditions of service. They can be run at two or three
times the *peed of horse cars and draw additional cars. Circulars with full particulars supplied.

BURNHAM, WILLIAMS & CO.,

PHILADELPHIA, PA.

WM. L. AUSTIN,

50

TO SELLEES & CO,

( 1 3XT O O

MACHINE TOOLS.

tnnn QPBCH TRAVEnwp nwn QWTWP PRAMEQ

flllifl orMI InAYDLlM AJNil oflfllm btiAJNiiO)
Improved Testing Machines,

Under the Patents of A. H. Emery.

Shafting, Pulleys, Hangers, Couplings, Etc., Etc.

PLANERS, |ta^|| STEAM HAMMERS,

LATHES> Jillfex STEAM RIVETERS>

DRILL PRESSES, HYDRAULIC RIVETERS,

BORING MILLS, WHEEL PRESSES,

BOLT CUTTERS, F1"^ BEND!NG ROLLS)

PUNCHES and DRILL GRINDERS,

SHEARS, r^| || TOOL GRINDERS,

THE SELF-ADJUSTING INJECTOR OF 1876
THE SELF-ACTING INJECTOR OF 1887.

Turn Tables for Locomotives.

Descriptive Matter, Prices, etc., furnished on application to Office and Works,

PHILADELPHIA, PA.

(GENERAL INDEX.
THE statements presented in this number of the MANUAL are arranged in two parts— the
first (pp. I to 1139) comprising the statements of all the STEAM RAILROADS in the United
States and Canada, and the chief ones iu Mexico ; also the statements of leading organiza-
tions auxiliary to the Railway Interest ; the second part (pp. 1 to 178) comprises Lists of
Officials of Steam Railroads, Special Lists, etc., etc. Following is a complete

TABLE OF CONTEXTS.
PART 1.— MANUAL OF RAILROADS.

PAGES.

Statements of Steam Railroads in the United States 1 to 1051

Dominion of Canada, Railroads in 1052 to 1106

Mexico, Chief Railroads in 1107 to 1123

Statements of Miscellaneous Corporations auxiliary to Railroad System. (See also POOR'S HAND

BOOK OF INVESTMENT SECURITIES) 1124 to 1139

Supplement, containing information received too late for insertion in its regular order 1140 to 116?

Railroads Merged in Other Lines 1175 to 1207

Street Railways (Tramways).— States of New York, Pennsylvania, and Massachusetts 1169 to 1174

PART 2. — DIRECTORY OF RAILROAD OFFICIALS.

Railroad Officials.— Complete List of the Officials of all Operating Railroad Companies will be

found on pages 1 to 146

Master Mechanics, Special List of 149tol61

Master Car Builders, Special List of 163 to 167

Master Car Painters, Special List of 139 to 170

Purchasing Agents, Special List of 173 to 178

LIST OF MAPS.

Group 1.— Maine, New Hampshire and Vermont Preceding page 1 of Text.

Group 2.— Massachusetts, Rhode Island and Connecticut Between pages 48 and 49

Group 3.— New York and New Jersey Between pages 96 and 97

Group 4.— Indiana and Illinois Between pages 144 and 145

Group 5. — Michigan and Wisconsin Between pages 176 and 177

Group 6.— Delaware, Maryland, West Virginia, North Carolina and South Carolina. Between pages 208 and 209

Group 7.— Georgia, Florida and Alabama Between pages 256 and 257

Group 8.— Iowa and Missouri .. Between pages 288 and 289

Group 9. —Louisiana, Mississippi and Arkansas Between pages 320 and 321

Group 10.— TexHs Between pages 384 and 385

Group 11.— Kentucky and Tennessee Between pnges 408 and 409

Group 12.— Montana and Wyoming Between pages 448 and 449

Group 13.— Nebraska. K;insas and Indian Territory Between pages 480 and 481

Group 14.— Utah, Colorado, Arizona and New Mexico Between pages 544 and 545

Group 15. — North Dakota, South Dakota and Minnesota Between pages 608 and 609

Group 16.— Pennsylvania and Ohio Between pages 804 and 865

Group 17.— Washington, Oregon and Idaho Between pages 944 and 945

Group 18.— California and Nevada Between pages 976 and 977

Group 19.— Canada (Eastern Section) Between pasres 1056 and 1057

Group 20.— Canada (Western Section) Between pages 1088 and 1089

52

GENERAL INDEX.

THE following are the present titles of the Railroad Companies whose
statements are «riv(Mi in the MAXUAL. Many of these comprise lines con-
structed under different names. A list is given on pages 1175 to 1207 of former
companies the titles of which have been changed, or whose lines have been
acquired by others, with the name of the company to which reference is now
to be made.

The numbers, in heavy-face type, following in parentheses the names of
operating railroads — such as "Abbeville and Waycross RR. (1)" — refer to the
order of such road in the List of Officials at the end of MAXUAL. (See pages
1 to 146 of POOR'S DIRECTORY or RAILWAY OFFICIALS, bound herewith.)

Abbeville and Wayeross RR. (1) —

Abbotsford and Northeastern RR. (2) 1

Aberdeen and West Eud RR. (934) 1028

Addison RR 107

Addison and Pennsylvania RR. (3) 1

Addyston and Ohio River RR. (4) 2

Adirondack Ry. (5) 198, 1140

Adirondack and St. Lawrence Ry. (6). . .1140

Akron and Chicago Junction RR 53

Alabama and Vicksburg Ry. (708) ... .3, 1140
Alabama Great Southern RR. (708). . .4, 1140
Alabama Great Southern Ry. Co. (Lim-
ited) 6

Alabama, Map of Bet. pp. 256 and 257

Alabama Midland Ry. (7) 7

Alabama Mineral RH 347

Alabama, Xew Orleans, Texas and Pacific

Junction Rys. Co. (Limited) 1124

Albany and Susquehanna RR 196

Albany and Vermont RR 198

Albany, Florida and Northern Ry 572

Albany (Street) Ry 1170

Albany Street Freight Ry 1169

Albemarle and Raleigh RR. (34) 648

Alberta Ry. and Coal Co. (9) 1054

Albert Southern Ry. (10) 1055

Albia and Centerville Ry. (1 1) 655

Allegheny and Bellevue Street Ry 1172

Allegheny and Kin/.ua RR. (12) 8, 1140

Allegheny Street RR 1172

Allegheny Valley RR. (13) (Map) 656

Allentown Passenger Ry 1172

Allentown RR 910

Allentown Terminal RR 677

Alliance and Northern RH. (14) 9

Alloway and Quinton RR 1026

Altoona, Clearfield and Northern RR. (15) 1029
American Construction Co . 177

Amsterdam, Chuctanunda and Northern

RR. (N. Y. C. & H. R.) 411

Amsterdam (Street) RR 1170

Annapol is & Baltimore Short Line RR.(16) 9
Annapolis, Wash 'g'n & Baltimore RR. (17) 10
Arcadia, Gulf Coast and Lakeland RR. of

Florida (18) 1166

Arcata and Mad River RR 660

Arizona and New Mexico Ry. (19) 10

Arizona and South Eastern RR, (20) 10

Arizona, Map of Bet. pp. 544 and 545

Arkansas and Louisiana Ry. (21) 11

Arkansas, Map of Bet. pp. 320 and 321

Arkansas Midland RR. (22) 659

Arkansas Valley Elevator Co 25

Arnot and Pine Creek RR 606

Aroostook River RR 1069

Asheville and Spartanburg RH 5H1

Ashland Coal and Iron Ry. (23) -

Ashley River RR 110

Aspen and Western Ry. (24) 660

Aspen Short Line Ry 28

Astoria and Portland Ry. (25) 1140

Astoria and South Coast Ry . 11

Atchison City Elevator Co 25

Atchison, Colorado' and Pacific RR 1016

Atchison, Jewell Co. and Western RR. . .1017
Atchison, Topeka and S. Fe RR. (26)

(Mip) 12, 1140

Atchison Union Depot and RR. Co 1018

Atlanta and Charlotte Air-Line Ry. .525, 1141

Atlanta and Florida RR, (27) 660

Atlanta and West Point RR. (902). . . .84, 5:;4

Atlantic and Danville Ry. (29) 661

Atlantic and North Carolina RH. (30) :!5

Atlantic and Northwest Ry 1067

Atlantic and Pacific HR. (31) 22

Atlantic and St. Lawrence RR. . . .1082

53

346 and 348 Broadway, New York.

JAN UARY 1, 1892

ASSETS, -

Liabilities,

SURPLUS, -

INCOME,

New Business written in 1891

Insurance in Force,

$125,947,290.81
110,806,267.50
$15,^1^023.31
$31,854,194-00
152,664,982.00
614,824,713.00

THE COMPANY BEGS LEAVE TO ANNOUNCE THAT
ITS TWENTY-YEAR TONTINE POLICIES, ISSUED IN
1872, ARE NOW MATURING, WITH THE FOLLOWING

RESULTS:

I.

1. Ordinary Life Policies are returning from 20 to 52 per cent, in excess of their
cost.

2. Twenty-Year Endowment Policies are returning from 58 to 71 per cent, in
excess of their cost.

3. Limited-Payment Life Policies are returning from 43 to 141 per cent, in excess
of their cost.

These Returns are made after Twenty Years' Insurance.

1. Persons insured under Ordinary Life Policies may, in lieu of the above cash values.
continue their insurance, at original rates, and receive CASH DIVIDENDS of
from 71 to 115 per cent, of all premiums paid, and annual dividends hereafter as
they accrue.

2. Persons insured under Limited-Payment Life Policies may, in lieu of the above
cash values, continue their insurance, without further payments, and receive
CASH DIVIDENDS of from 67 to 163 per cent, of all premiums paid, and annual
dividends hereafter as they accrue.

III.

Persons desiring to see results on Policies issued at their present age, and further
particulars as to options in settlement, will please address the Company, giving
date of birth.

JOHN A. McCALL, President.
HENRY TUCK, Vice-President.

ARCH. H. WELCH, 2d Vice-President,

54
ESTABLISHED 1882.

W. J. HAYES & SONS,

BANKERS,

NEW YORK, No. 10 WALL ST.
BOSTON, MASS., CLEVELAND, OHIO,

7 Exchange Place. 143 Superior Street.

CONSERVATIVE ISSUES OF

MUNICIPAL BONDS

BOUGHT AND SOLD.

ALSO

RAILWAY AND STREET RAILROAD BONDS

* WRITE US IF YOU WISH TO BUY OR SELL #

GENERAL INDEX.

55

Atlantic and Western RR. (32) :'>•"">

Atlantic Avenue RR 1170

Atlantic Citv RR 36. 912

Atlantic Coast Line (34) —

Atlantic, Tennessee and Ohio RR 527

Attica and Freedom RR. (35) 662, 1141

Attleborough Branch RR 469

Attleborough, North Attleborough and

Wrentham Street Ry 1169

Auburn (Street) City RR 1170

Augusta and Savannah RR 537

Augusta and Suinmerville (36) 663

Augusta, Gibson & Sandersville RR. (37). 36
Au Sable and Northwestern RR. (38) 37, 1029

Austin and Northwestern RR. (39) 37

Avon. Geneseo and Mount Morris RR . . . 425

Babylon (Street) RR 1170

Bachinan Valley RR. of Maryland (40). . 38

Bale des Chaleurs Ry. (41) 1055

Bald Eagle Valley RR 856

Baltimore and Cumberland Valley RR.. . 633
Baltimore and Cumberland Valley Ry .. . 633
Bait, and Cumb. Valley RR. Extension. . 633
Baltimore and Delaware Bay RR. (42). . . 38

Baltimore and Drum Point RR. (43) 39

Baltimore & Eastern Shore RR. (44). .39, 1142

Baltimore and Harrisburg Ry 633

Baltimore and Lehigh RR. (45) 40, 1142

Baltimore and New York Ry. (46; 40

Baltimore and Ohio RR. (47). .(Map) 41, 1142
Baltimore and Ohio and Chicago RR. ... 53
Baltimore & Ohio Southwestern RR. (48)

59, 1142

Baltimore and Philadelphia RR 53

Baltimore and Potomac RR. (49) , 924

Baltimore and Sparrows Point (50). . .60, 1142

Baltimore Belt RR 53, 54

Bangor and Katahdin Iron Works Ry. ... 61

Bangor and Piscataquis RR. (51) 61, 1142

Bangor and Portland Ry. (52) 62

Barberton Belt Line RR 1030

Barclay RR. (53) 62, 1142

Barre RR. (54) 63

Barre Branch RR 381

Bath and Hammondsport RR. (55) 64

Battle Creek and Sturgis Ry 782

Bay City and Battle Creek Ry 782

Bay of Quinte Ry. & Navigation Co. (56). 1056
Bear Lake and Eastern RR. (58) 663

Beaver and El wood RR. (57) 1030

Beaver Valley Passenger Ry 1172

Bedford and Bloomfield RR 767

Bedford and Bridgeport RR 857

Beech Creek RR. (59) 64

Belfast and Moosehead Lake RR 358

Bellaire, Zanesville& Cincinnati Ry. (60)

65, 1142

Belleville and Caroudelet RR 935

Belleville and Eldorado RR 935, 1166

Belleville and Southern Illinois RR.936, 1166
Bellingham Bay and British Columbia.

RR. (61) —

Belt RR. (and Stock Yard) (63) 293

Belt Ry. of Chicago (62) 66

Belvidere Delaware RR 857

Bennington and Glasteubury RR. (64). . . —

Bennington and Rutland Ry. (66) 664

Bentonville Ry. (65) 66

Bergen and Dundee RR 425

Bergen County RR 425

Berkeley Springs and Potomac RR 54

Berkshire RR 272

Berlin RR 54

I Berlin Branch RR. (67) f7

I Beverly and Drivers RR 1169

! Big Level and Kiuzua RR. (68) 82

| Biughamton & Pt. Dickinson (Street) RR.1170

Binghamton Street Ry 1 170

Birmingham and Atlantic RR. (70) 665

Birmingham Mineral RR 347

Birmingham, Selma & New Orleans RR.

(71) 67

Birmingham, Sheffield and Tenn. River

Ry. (72) 68, 1143

Black Hills and Fort Pierre RR. (73) 665

Black Rocks & Salisbury Beach (Street)

Ry 1169

Bleecker Street and Fulton Ferry RR. . .1170

Bloomsburg and Sullivan (74) 666, 913

Blue Ridge (S. C.) RR ..528

Blue Ridge and Atlantic RR. (75) 6(36

I Bodie and Benton Ry. & Commercial Co.

(76) ' -

Boone County and Booneville RR 627

Booneville, St. Louis and Southern RR. . 806

Boston and Albany RR. (77) 68

Boston and Chelsea (Street) RR 1169

Boston and Lowell RR 7o

Boston and Maine RR. (78) 71

Boston and New York Air-Line RR 432

Boston and Providence RR 469

Boston and Revere Electric RR. . . .1169

56

GENERAL INDEX.

IJoston, liev.-iv Beach & Lynn RR. (79). 79 Buffalo, Rochester and Pittsburg Ry. (99)

Boston, Winthrop and Shore RR 80 ( Mip) 90, 1143

Bowden Lithia Springs Short Line RR. Buffalo Run, Bellefonte& Bald Eagle RR.

(80) 80 | (100) 93

Bowling Green RR 706 | Buffalo (Street) RR 1170

Boyd Street Ry 1173

Bozenian Coal Co 1019

Braddock and Turtle Creek Street Ry 1173

Braddock Electric Street Ry. . 1173

Bradford Ry 636

Bradford and Kendall Passenger Ry 1173

Bradford, Bordell & Kinzua RR, (81). 81, 1143

Bradford, Bordell and Smethport RR 82

Bradford, Eldred and Cuba RR. (82). . . . 83

Bradford. Richburg and Cuba RR 83

Brant ford, Norfolk and Port Bur well

Ry ' 1083

Brantford, Waterloo & Lake Erie Ry. (83). —

Bratileboro and Whitehall RR 107

Breckenridge Company's RR. (84) 1030

Bridgton and Saco River RR. (85) 83

Brigantine Beach RR 84, 913

Bristol Belt RR. (87) 84

Bristol RR. (86) ...667, 1143

Broadway and Seventh Avenue RR 1170

Broadway, Bush wick and Queens County

(Street) RR 1170

Broadway (Brooklyn) Street RR 1170

Brockton (Street) Ry 1169

Brockville, Westport and Sault Ste. Marie

Ry. (88) 1057

Brockwayville and Punxsutawney RR. .. 92
Brooklyn and Brighton Beach RR. (89). . 85

Brooklyn and Jamaica RR 338

Brooklyn and Rockaway Beach RR. (90). 85
Brooklyn, Bath and West End RR. (91). 86

Brooklyn Bridge and Seaside RR 87

Brooklyn City (Street) RR 1170

Brooklyn City and Newtown RR 1170

Brooklyn Elevated RR. (92) 87, 1143

Brownstone and Middletown RR. (93). . . —

Brownsville and Gulf RR. (94) 88

Brownwood and Northwestern Ry 939

Brunswick and Chillicothe RR 627

Brunswick and Western Ell. (95) 88

Buctouche and Moncton Ry. (96) 1057

Buffalo and Lake Huron Ry 1083

Buffalo and Southwestern RR. . . 425

Burlington and Lamoille Valley RR 107

Burlington & Missouri Val. RR. in Neb.

(172)

Burlington and Northwestern Ry. (102). 93

Burlington and Western RR. (102) 94

Burlington, Cedar Rapids & Northern Ry.

(103) 667

Burnside and Cumberland RR. (104) —

Bustletou RR. . . . 857

Cadillac and Northeastern RR. (105) —

Cahaba Coal Mining Co.'s RR, (106)

Cairo RR 102

Cairo and Kanawha Valley RR 1031

Calgary and Edmonton Ry 1067

California and Nevada RR. (107). . . .95, 1143
California, Map of Bet. pp. 976 and 977

California Pacific RR. (814).

969

California Short Line Ry 95, 1143

Calumet and Blue Island Ry. (108)

Calumet River Ry 870

Cambria and Clearfield RR 857

Cambridge and Seaford RR 923

Camden and Alexandria RR. (110) —

Camden and Atlantic RR 670

Camden and Burlington County RR 857

Camden County RR 914

Canada Atlantic Ry. (112) 1057

Canada Eastern Ry. (113) 1070

Canada (Eastern Section), Map of Rail-
roads in Bet. pp. 1056 and 1057

Canada (Western Section), Map of Rail-
roads in Bet. pp. 1088 and 1089

Canada, Railroads in 1052

Canada Southern Ry 783

Canada Southern Bridge 7s:!

Canadian Government Railways (114). . .1077

Canadian Pacific Ry. (115) 1059, 1143

Canandaigua (Street) RR 1171

Canastota Northern RR 225

Canon City Coal Co 25

Buffalo, Bradford & Pittsburg RR 425 j Cape Fear and Yadkin Vy. Ry. (116). 95, 1143

Buffalo Creek RR. (97) ' 89 i Cape May and Sewell's Point RR. (117). . 97

..1070

Buffalo Creek Transfer RR. (98) 89 Caraquet Ry. (118)

Buffalo Erie Basin RR 411 Carbon Cut-off Ry

Buffalo, New York and Erie (Erie) RR; . 425 | Carbondale and Shawneetown RR. . .

1007

GENERAL INDEX.

57

Carillon and Grenville RR. (119) 1071

ina Central RR. (780) 97

Carolina, Cumberland Gap and Chicago

Ry 588

.iuu, Knoxviilr and West. Ry. (121). 672

ma Midland RR. (122)....." 98

.1 belle. Tallahas. and Ga. RR. (123). 1031

.11 and Colorado RR. (124) 99, 1143

in & Colorado RR., Second Division. 99
a & Colorado RR., Third Division. . 99

Cartilage RR. (125) 673

age and Adirondack Ry. (126). .99, 1144
Carthage, Watertown & Sackett's Harbor

RR.. 412

Catasauqua and Fogelsville RR 100, 914

Catawissa RR 910

Catharine and Bainbridge Street RR. . . .1173

Catonsville Short Line RR 926

Catskill Mountain Ry. (128) 101

Cayuga and Susquehanna RR 726

Cedar Falls and Minnesota RR 289

Central Arizona Ry. (129) 102

Central Branch Union Pacific Ry 1016

Central City (Syracuse) Street RR 1171

Central Crosstown (Street) RR 1171

Centralia and Chester RR. (131) 102

Central Massachusetts RR 75

Central Michigan RR 103

Central New England and Western

RR. (132) 103, 1144

Central Ohio (B. & 0.) RR 54

Central Ontario Ry. (133) 1071

Central Pacific RR. (814) 969

Central Park. North and East River

t Street) RR 1171

Central RR. and Banking Co. of Georgia

(Map) (134) 523, 524, 533, 1144

Central Ry. of New Brunswick (136) 1072

Central RR. of New Jersey (Map) (135). . 67o

Central RR. of South Carolina (34) 105

Central Texas & Northwestern RR. (137). 105

Central Traction Co 1173

Central Union Depot & Ry. of Cin. (138). —

Central Vermont RR. (139) 106, 1144

Central Washington RR 454

Chambersburg and Gettysburg RR. (140)1032
Charleston and Savannah Ry. (141). 110, 1144
Charleston, Cin. and Chicago RR. (142)

111, 1144
Charleston, Suniter & Northern RR. (143)

112, 1144

Charlotte, Columbia & Augusta RR 526

CharlottesviJle and Rapidan RR 530

PAOE

Chartiers Ry 871

Chateaugay RR. (144) 113

Chateaugay Ry 114

Chatham (Mass.) RR 470

Chatham (X. B.) Ry. (145) —

! Chattanooga and Lookout Mt. Ry. (146). 112
Chattanooga Southern Ry. (147). . . .113, 1144
Chattanooga Union Ry. (148,. 078, 1144, 1166

Chautauqua Lake Ry. (149) 114

Chelsea Beach RR. 75, 1145

Cheraw and Chester RR 527

\ Cheraw and Darlington RR. (34) 115

! Cheraw and Salisbury RR. (341 115

Cherokee and Pittsburg Coal and Mining

Co 26

Cherry Grove RR 607

- Cherry Valley RR. (152) —

i Cherry Valley, Sharon and Albany RR. . 196

Chesapeake and Nashville Ry. (153) 679

Chesapeake and Ohio Grain Elevator Co. 120

Chesapeake and Ohio Ry. ( 154) 116

'Chesapeake, Ohio and Southwestern RR.1032

Chester RR 726

Chester and Delaware River RR 915

Chester and Lenoir RR 527

Chester Creek RR 923

Chester Street Passenger Ry 1173

Chestnut Hili RR 910

j Chicago and Alton RR. (155) 679, 1145

Chicago and Calumet Terminal Ry. (156) 683
Chicago and Eastern Illinois RR. (157)

(Map) 120

Chicago and Erie Ry. (158). . . .124, 417, 1145

1 Chicago and Grand Trunk Ry. (159) 684

Chicago and Great Western RR 1145

Chicago and Indiana (Coal) Ry. (157)

(Map] 120

Chicago and Iowa RR. (160) 125

Chicago and Kenosha Ry. (161) —

, Chicago and Northern Pacific RR. (162). 455
Chicago and Northwestern Ry. (163)

(Map) 126

! Chicago and Ohio River RR. (164). .685, 1034

| Chicago and South Bend RR. (167) —

Chicago and State Line RR 414

Chicago and Southeastern Ry. (165). 686, 1145
\ Chicago and Western Indiana RR. (168). 136
| Chicago and West Michigan Ry. (169) . . 686
i Chicago, Burlington and Kansas City

Ry. (170) 137, 688

I Chicago, Burlington & Northern RR. (171) 689
Chicago, Burlington & Quincy RR. (172)
(Map) *. 690

58

GENERAL INDEX.

Chicago, Detroit & Can. «'d Trunk Jc.

I!y. (173) 698

Chicago, Fairchild and Eau Claire River

Ry. (174)

Chicago, Fort Madison and Des Moines

Ky. (175) 138

Chicago, Iowa and Dakota RR. (176). ... 139
Chicago Junction Railways und Union

Stock Yards Company 1 125

Chicago, Kalaraazoo & S-iginaw Ry. (177)

139, 1145

Chicago, Kansas and Nebraska Ry. .155, 1145
Chicago, Kansas City and Texas Ry. (178) 140
Chicago, Milwaukee and St. Paul Ry.

(179) (Map} 140, 1145

Chicago Outer Belt Line 21%

Chicago, Peoria and St. Louis Ry.. .149, 1146
Chicago, Rockford and Northern RR . . 125
Chicago, Rock Island and Pacific Ry. (181)

(Map) 151, 1146

Chicago, Santa Fe and California Ry 12

Chicago, St. Louis and Paducali Ry.936. 1167
Chicago, St. Paul & Kansas City Ry. (182)

156, 1146
Chicago, St. Paul, Minn., and Omaha

Ry. (183) 699

Chicago, Wisconsin and Minnesota RR. . 459
Chippewa River and Menominee Ry. (184)
Choctaw Coal and Ry. Co. (185) . . .702, 1146

Christopher and Tenth Streets RR 1171

Cincinnati and Kentucky Southern RR.

(186) 159

Cincinnati and Dayton RR 706

Cincinnati and Muskingum Vy. Ry. (187) 872
Cincinnati and Southern Ohio River Ry.. 170

Cincinnati and Westwood RR. (188) 159

Cincinnati, Atlantic and Columbus RR. . 161

Cincinnati, Dayton and Chicago RR 707

Cincinnati. Dayton and Ironton RR 706

Cincinnati, Georgetown and Portsmouth

RR. (189).*. 160

Cincinnati, Hamilton & Dayton RR. (190) 703
Cincinnati, Hamilton and Indianapolis

RR 706

Cincinnati, Hocking Valley & Huntington

RR. (191) 161

Cincinnati, Jacks'n&Maekin'w RR. (192)

707, 1147
Cincinnati, Lebanon & Northern Ry. (193) 161

Cincinnati, N»-w Orleans and Texas

Pacific. Ily. (708) (Map) 162, luJ

Cincinnati, New Richmond and Ohio

River RR. (194)

Cincinnati Northwestern Ry. (196) 16-J

Cincinnati, Portsmouth and Virginia RR.

(197) KM

Cincinnati, Richmond & Fort Wayne R1J
Cincinnati, Saginaw and Mackinaw RR.

(198) g

Cincinnati Southern Ry 1(5-3

Cincinnati Street Connection Ry -^O;

Cincin., Wabash and Michigan Ry. (199)

170, 1034, 1147
Cincinnati, Wheeling and New York RR. KM

Citizens' (Norristown) Street Ry 117:}

Citizens' (Philadelphia) Street Ry 11731

Citizens' (Traction) Pittsburgh 1173

City Island (Street) RR 1171

City (Altoona) Passenger 1 173

City (Poughkeepsie) Street RR 1171

City and Suburban Ry. (200)

Clarendon and Pittsford RR. (201). 105, 1147

Clarion River Ry. (202) lo:j;>

Clarksville and North Carolina RR .126

Clarksville and Princeton (L. & N.) RR.. :147

Cleveland and Canton Ry .... 167

Cleveland and Mahoning Valley Ry 429

Cleveland and Marietta Ry. (204) 169

Cleveland and Pittsburgh RR S74

Cleveland, Akron & Columbus RR. (205)

166. 1147

Cleveland, Canton and Southern RR.(203) 1147
Cleveland, Chagrin Falls & Northern RR. .108
Cleveland, Cincinnati. Chicago and St.

Louis Ry. (Map) (206) 170, 1148

Cleveland, Lorain & Wheeling RR. (207) 176
Cleveland, St. Louis and Kansas City Ry.

(208) 177
Cleveland, Wooster and Muskingum Vy.

RR. (209)

Clove Branch RR. (210) 177

Coalville Passenger Street. Ry

Coburg, Blairton and Marmora Ry li)7:J

Colchester Ry

Colebrookdale RR !)10

Colorado Eastern Ry. (211)

Colorado, Map of Bet. pp. 544 and .TJ5

Colorado Midland Ry. (212) I

DOHINIGK & DICKERMAN,

W. G. DOM I NICK,

W. B. DICKERMAN,
B. DOMINICK.

Three members

of N.Y. Stock

Exchange.

GENERAL INDEX.

59

Columbia and Greenville KR 528

Columbia and Port Deposit RR 857

Columbia and Puget Sound RR. (213). . . 179
Columbia, Xewberry and Laurens RR.

178, 588, 1148
Columbus and Cincinnati Midland RR. . . 54

Columbus and Xeuia (L.M.) RR 885

Columbus, Findlay and Northern Ry 706

Columbus, Hocking Valley and Toledo

Ry. (214) 709, 1167

Columbus, Hope and Greensburg RR.170, 175
Columbus, Kinkora and Springfield RR.. 857
Columbus, Shawnee and Hocking Ry.

;215) 179

Columbus Southern Ry. (216) 711

Colusa and Lake RR. (217) 180

Concord and Claremont RR 78

Concord and Montreal RR. (218) 181

Concord and Portsmouth RR 182

Conesus Lake RR 425

Coney Island & Brooklyn (Street) RR. . . .1171

Confluence and Oakland RR 54

Connecticut and Passuinpic Rivers RR . 75

Connecticut, Map of Bet. pp. 48 and 49

Connecticut River RR. (219) 183, 1148

Connecting Terminal RR. (220) 185

Connecting (Philadelphia) Ry 857

Consolidated of Vermont (Cen. Ver.) RR's. 106

Consolidation Coal Co 712

Continental Street Ry 1173

Cooperstown and Charlotte Vy. RR. (221) 185
Cooperstown and Susquehauna Valley

RR 186

Corning, Cowanesque and Antrim Ry.

(304) ! . 186

Cornwall RR. (223) 188

Cornwall and Lebanon RR. (224) 187

Cornwallis Valley RR. (225) —

Cortland and Homer (Street) RR 1171

Coshocton and Southern RR 168

Cottage City Street Ry 1169

Coudersport and Pine Creek RR 189

Coudersport & Port Allegheny RR. (226). 188

Court Street and East End RR 1171

Coviugton and Cincinnati Elevated Rail-
road and Transfer and Bridge Co 119

Covington, Flemingsburgh & Ashland Ry .

(227) 189
Craig Street Passenger 1173

Crawford and Manistee River Ry. (228) . —

Credit Valley Ry 1068

Crescent Springs RR. (229)

Cresson and Clearfield County and New

York Short Route RR. (230) 189

Crooked Creek RR. and Coal Co. (231).. . 190

Crosstown (N. Y.) RR 1171

Crown Point Iron Co.'s RR. (232) —

( rystal Ry. (233) 191

Cumberland and Pennsylvania RR.

(234) 712, 1148

Cumberland Ry. and Coal (235) 1073

Cumberland Valley and Martinsburg RR. 715

Cumberland Valley RR. (236) 713

Current River RR. (426) 191

Daguscohonda RR . (238) —

Danbury and Norwalk RR 272

Dansville and Mount Morris RR. (239). . 715

Danvers RR 76

Danville and La Grange RR. (240)

Danville and Shamokin RR 192

Danville and Western RR. (241). . . . 192, 517
Danville, Mocksville & Southwestern RR.192
Dardanelle and Russellville RR. (242).. . 193

Dayton and Michigan RR 706

Dayton and Union RR. (243) 170, 193

Dayton and Western RR 885

Deadwood Central RR. (244) 194

Decatur, Chesapeake & New Orleans Ry.

(245) 194

Deerfield and Utica RR 1171

Deerfield River (H. T. & W.) Ry 269

Delaware RR 923

Delaware and Bound Brook RR 910

Delaware and Chesapeake RR 924

Delaware & Hudson Canal Co. (246) 716

Del. & Hudson Canal, Adirondack Ry... 198
Del. & Hudson Canal. Alb. & Susq. Div. . 195
Del. & Hudson Canal, Champ. Division. . 196
Del. & Hudson Canal, Penna(RR.) Div. . 7^0
Del. & Hudson Canal, Saratoga Division. 197

Delaware and Otsego RR 616

Delaware Bay and Cape May RR 716

Delaware, Lackawanna and Western RR.
(Map) (247) 721

Bankers and Brokers,

74 Broadway,
New York.

BRANCHES :
348 Broadway. New York.
117 Monroe St.. Chicago.
150 Walnut St., Cincinnati.

60

GENERAL INDEX.

Delaware, Map of Bet pp. 208 and 20'J

Delaware, Maryland & Virginia RR. . . . 924
Delaware River and Lancaster RR. (249) 1036

Delaware River RR. (248) 199

Delaware, Susquehanna and Sell uy Ik ill

RR. (230) . 200

Denison & Washita Valley RR. (231). ... 200

Denison Rapid Transit RR. (252) —

Denver and Boulder Valley HR 1007

Denver and Rio Grande RR. (Map) (253)

201, 1148, 1167

Denver, Apex and Western RR 1148

Denver, Leadville and Gunnison Ry 1007

Deseret Salt Co 1019

Deseronto Navigation Co. (449) —

Des Moines and Fort Dodge RR 155

Des Moines and Kansas City Ry. (254) . . 205

Des Moines and Northern Ry 205, 1148

Des Moines and Northwestern Ry. . 206, 1148
Des Moines, Northern and Western Ry.

(255) 206

Des Moines Union Ry. (256) 207, 1148

Detroit and Bay City RR 782

Detroit, Bay City and Alpena RR. (257). . 728
Detroit, ^Graud Haven and Milwaukee

Ry...' 729, 1149

Detroit, Hillsdale and Southwestern RR. 762
Detroit, Lansing and Northern RR, (259) 730
Detroit Unjon RR. Depot and Station Co.

(260) 732, 1167

Dexter and Newport RR . . 358

Dexter and Piscataquis RR 358

Diamond Valley RR. (261) —

Dickinson Run and Youghiogheny North-
ern RR 489, 1149

Dillsburg and Mechanicsburg RR 715

Dodge City, Montezuma and Trinidad Ry.

(262) 207

Dominion of Canada, Railroads in 1052

Dover and Rockaway RR 677

Dover and Statesboro RR. (263) 207

Dover and Winnipiseogee RR 76

Downington and Lancaster RR 858

Drummond County RR, (264) 1074

Dry Dock, East Broadway and Battery

(Street) RR 1171

Dubuque and Sioux City RR 288

Duluth and Iron Range RR. (265) 208

Duluth and Manitoba RR 454

Duluth and Winnipeg RR. (266) 209

Duluth Belt Line Ry. (267) 209

Duluth. Red Wing & Southern RR. (268) 209
Duluth Short Line Ry 505

Duluth, South Shore and Atlantic Ry.

(269) 210,1149'

Duluth Transfer Ry. (270) 212

Duluth, Watertown and Pacific RR 260>

Dunkirk, Allegheny Valley & Pittsburgh

RR. (612) 212

Dunkirk and Fredonia (Street) RR 1171

Duquesne Street Ry 1173

Duquesne Traction Ry 1173

Durham and Northern Ry. (272) 213

Dutchess County RR 1149

E

East and West RR. of Alabama (273) ... 214

East Broad Top RR. (274) 215

East Buffalo Terminal Ry 90

Eastern Extension Ry 1087

Eastern Kentucky RR. (279) 733

Eastern Maine RR 358

Eastern Ohio RR. (280) 1036

Eastern RR. in New Hampshire 76

Eastern Ry. of Minnesota 261

East Florida and Atlantic RR, (281) 216

East Harrisburg Street Passenger Ry 1173

East Line and Red River (275) 792

East Louisiana RR. (282)

East Mahauoy RR 910

East Middlesex (Street) Ry. . . 1169

Easton and Amboy RR. (472) 331

Easton and Northern RR 62

Easton, South Easton and West End

Passenger Ry 1173

East Pennsylvania RR 910

East Reading Street RR 1173

East St. Louis and Carondelet Ry. (276). 876
East St. Louis Connecting Ry. (277) . . . 216
East Shore Terminal Co.'s RR. (278) . . .1036

East Side Street (Mass.) Ry 1169

East Tennessee and Western North Caro-
lina RR. (283) 733

East Tennessee, Virginia and Georgia RR.

(Map) (284) 217, 1149

East Trenton RR 911

East Wareham, Onset Bay and Point In-
dependence (Street) 1169

Eatonton Branch (C. of Ga.) RR 537

Echo and Park City Ry 1003

Edgewood Coal Co.'s RR. (285)

Eel River and Eureka RR. (286)

Eel River RR 627

Egypt Ry. (287) 1037

GENERAL INDEX.

61

Eighth Avenue KR 1171

Elberton Air-Line RR 531

E! Porado Springs RR. (288)

Electric City and Illinois RR 216

Elirin. Juliet and Eastern Ry. (Mdp)(2B9)

222, 1149

Elgin, Petitcodiac & Havelock Ry. (290) 1074 |
Elizabethtovvn, Lexington and Big Sandy

KR 734, 1149, 1167

Elkhart and Western RR. (291) 1037

Elktou and Guthrie RR 349

Elleusburgh and Northeastern RR. (292) —

Elmira and Horseheads (Street) RR 1171

Elmira and Lake Ontario RR 830

Elmira and Williamsport RR 830

Elmira, Cortland & Northern RR. (293).. 224

Elmira State Line RR 606

Euimitsburg RR. (294 225

Empire and Dublin RR. (295) 226

Empire (Phila.) Passenger Ry 1173

•nglewood Connecting Ry 877

Enterprise RR 858

Erie and Black Rock RR 425

Erie and Genesee Valley RR 417

Erie and Huron Ry. (296) 1075, 1167

Erie and Pittsburgh RR ^77

Erie and Wyoming Valley RR. (297). . . . 220

Erie City Street RR 1173

Erie Electric Motor Co 1173

Srie International Ry 426

Escambia RR. (298)

Esquimault and Nanaimo Ry. (299) 1076

Essex Electric Street Ry 1169

Eureka and Palisade RR. (300). 227

lureka Springs Ry. (301) 227

European and North American Ry 358

Evausville and Indianapolis RR. (302). . . 228

Evansville and Richmond RR 231, 1149

Evansville and Terre Haute RR. (302)

229, 979. 1149
Svansville, Suburban and Newburg Ry.

(303) '. 231

Evansville, Terre Haute and Chicago Ry. 123

Fairland, Franklin and Martinsville

RH 170, 175

?airmont,Morgansto\vn & Pittsburgh RR. 54

Fall Brook Coal Co. (304) 598

Pall River RR 470

Fall River, Warren and Providence
RR 232, 1150

PAOl

Falls Creek RR. (305) 1037

Farmville and Powhatan RR. (306) 232

Fayette County RR 56

Federal Street and Pleasant Valley Pas-
senger and Electric Co 1173

Ferney Mountain RR. (307) 233

Ferro-Monte RR. (308) 233

Findlay, Ft. Wayne & Western RR. (309) 233

Fitchburg RR. (310) 234

Fitchburg (Street) RR 1169

Flint and Pere Marquette RR. (311) 735

Florence RR. (34) 648

bloreuce, Eldorado & Walnut Valley Ry. 12
Florida Central and Peninsular Ry. (312) 238

Florida, Map of Bet. pp. 256 and 257

Florida Midland Ry. (313) 239

Florida Southern RR. (314) 239, 1150

Florida Southern Ry 1150

Flushing and College Point Street Ry. . .1171
Fonda, Johnstown and Gloversville RR.

(315) 240

Fort Payne and Eastern RR. (316). 241, 1150

Fort Pitt Inclined Plane Co 1 1 73

Fort Scott Central Ry 798

Fort Smith and Van Buren Bridge Co 33

Fort Smith, Paris & Dardauelle Ry. (317) 241

Fort Wayne and Jackson RR 762

Fort Worth & Denver City Ry. (318) 241, 1015

Fort Worth & New Orleans Ry 242

Fort Worth & Rio Grande Ry. (319). ... 243
Forty-second Street and Grand Street

Ferry RR 1171

Forty-second St., Manhattanville and St.

Nicholas Ave. Ry 1171

Forty-third and Bloomfield Streets 117-J

Fountain Head RR. (320) —

Framingham Union Street Ry 1169

Frankford and South wark, Phila., City

Pass. Ry 1173

Frankfort and Ilion Street RR 1171

Frankfort and Southeastern RR 244

Franklin and Megantic RR. (321) 244

Franklin and Pittsylvania N. G. RR . . . 530

Frederick and Pennsylvania Line RR 858

Fredericton Ry 1069

Fredericton and St. Mary's Bridge Co 1076

Freehold & Jamesburg Agricultural RR. 858
Fremont, Elkhorn and Missouri Valley

RR. (Map) (322) 127, 134

Fulton and Oswego Falls Street Ry 1171

Fulton County Extension Ry 245

Fulton County Narrow-Gauge RR. (323}. 245
Fulton Elevated Ry .318

62

GENERAL INDEX.

Gadsden and Attala Union Ry. (324) 246

Gainesville and Dahlonega RR. (325). . . 738
Gainesville, Jefferson and Southern RR.. 251
Galveston and Western Ry. (326). . 246, 1150
Galveston, Harrisburg and San Antonio

Ry. (814) , 963

Galveston, Houston and Henderson RR. 738

Garnerville (N. J. and N. Y.) RR 395

Genesee and Wyoming Vy. Ry. (327)... . —

Genesee Valley Canal RR 636

Genesee Valley Terminal RR 636

Genesis and Obed River RR. (328)

George's Creek and Cumberland RR. (329) 247

Georgetown RR 748

Georgetown and Western RR.(330) 247

Georgia, Carolina & Northern Ry. (780). . 248

Georgia, Map of Bet. pp. 256 and 257

Georgia Midland and Gulf RR. (332) 248, 1150

Georgia Pacific Ry 531

Georgia RR. and Banking Co. (333)

249, 534, 1150
Georgia Southern & Florida RR. (334)

252, 1150

Germantown Passenger Ry. Co 1173

Gettysburg and Harrisburg Ry.(335) 915

Glasgow RR 349

Gleudale and East River RR 338

Glen's Falls RR 198

Glen's Falls, Sandy Hill and Ft. Edwards

(Street) RR 1171

Globe (Street) Ry 1169

Gloucester (Street) Ry 1169

Goodyear, Neillsville and Northern Ry.

(33*6) 253

Goshen and Deckertown RR 426

Government Rys. (Canadian) in Opera-
tion 1077

Graf ton and Greenbrier RR 53, 253

Grafton and Upton RR. (338) 254

Grand Rapids and Indiana RR. (339)... . 879
Grand Rapids, Lansing and Detroit RR. . 732
Grand Rapids Transfer and Junction RR.

(340) 254, 1151

Grand River Valley RR 782

Grand Southern (N. B.) Ry. (341)

Grand Street RR 1173

Grand Tower and Cape Girardeau RR.
(342) 254

Grand Tower and Carbondale RR. (343). 255 1

Grand Trunk Ry. of Canada (344) 1077 \

Grand Trunk, Georgian Bay and Lake

ErieRy 1083

Grand Trunk Junction Ry 1083 \

Granite Mountain & Marble Falls RR. . . 371

Grassy Island RR. (345) 10381

Great Eastern (Canada) Ry. (346) 1085 jj

Great Falls and Canada Ry. (347) 740 j

Great Northern (Canada) Ry. (348) 1086 \

Great Northern Ry. (349). ." 256, 1151

Great Northwest Central RR, 1085

Great Salt Lake and Hot Springs Ry.

(350) 1038

Green and Coates Streets, Philadelphia,

Passenger Ry 1173

Green Bay, Stevens Point and Northern

RR 264

Green Bay, Winona and St. Paul RR.

(351) 262, 1151

Greenbrier and New River RR 120

Greenburg and Hempfield Electric Street

RR 1173

Green Cove and Midland Ry 1023

Greene RR 726

Greenfield and Northern (352)

Greenlick Narrow Gauge Ry. (353) 264

Green Mountain Ry. (354) 265

Green Pond, Walterboro and Branchville

RR 265

Green Ridge (356)

Green River Water Works Co 1019

Greenwich and Jolmsonville Ry. (357). . 265

Guelph Junction Ry 1086

Gulf & Chicago RR. (358) 1038

Gulf and Ship Island RR. (359) 1039

Gulf, Colorado & Santa Fe RR. (361). ... 24
Gulf, Western Texas and Pacific Ry.

(814) 964

Hamilton and Kingston Ry. (362) 266

Hancock and Calumet RR. (363) 740

Hannibal and St. Joseph RR. (364) 741, 11671

Hannibal Union Depot Co. (365) 266J

Hanover and York RR 858|

Harlem Bridge, Morrisania and Ford ham
(Street) RR 1171

DOMINICK & DICKERMAN,

W. G. DOMINICK, ) Three members
W. B. DICKERMAN, \ of N. V StocK
B. DOMINICK. ) Exchange-.

GENERAL INDEX.

63

Harlem River and Portchester KR 432

Harriman Coal and Iron Co. RR. (366) . . 267

Harrisburg City Passenger Ry 1173

Harrisburg, Portsmouth, Mt. Joy and

Lancaster RR 853

Harrison Branch RR 175

Hartford and Connecticut Valley RR 433

Hartford and Connecticut Western RR . 104

Hartaville RR. (34) 648

Hart well RR 582

Hawley Branch (N. Y., L. E. & Wn. Ry.) 426

Haverhill aud Groveland (Street) Ry 1169

Hayts Corners, Ovid and Willard RR 331

Hecla and Torch Lake RR. (367) 267

Helena and Red Mountain RR 454

Henderson and Overton RR 748

Henderson Bridge and RR. Co 349

Hereford Ry 358

Herkimer and Mohawk Street RR 1171

Herkimer, Newport and Poland Ry.

(369) 268

Hestonville, Mantua and Fairinount Pas-
senger RR 1173

Hibernia Mine RR 677

Hibernia Underground RR. (369) 269

Highland Street Ry 1173

High Point, Randleman, Asheboro' and

Southern RR 52s

Hobart Branch RR 616

Hodgenville and Elizabethtown Ry. (370) 269

Holyoke (Street) Ry ." 1169

Holyoke and Westfield RR 433

Hoosac Tunnel and Wilmington RR.

(371) 269

Hoosac Valley (Street) Ry 1169

Hopkins RR 273

Hot Springs RR. (372) 270

Housatonic RR. (373) 270

Houston and Shreveport RR. (374) 275

Houston & Texas Central RR. (375). .273,1151
Houston Belt and Magnolia Park Ry.(376) 274
Houston, Central Arkansas and Northern

Line 806

Houston, East and West Texas Ry. (377)

275, 1151
Houston, West Street and Pavonia Ferry

RR 1171

Howes Street Ry 1173

Hudson Electric Street Rv . . ..1171

Hudson Suspension Bridge and

England Ry 276

Hull Street Ry 1169

Humeston and Shenandoah RR. (378). . . 276
Hunter's Run and Slate Belt RR. (379). .
Huntingdon and Broad Top Mountain RR.

and Coal Co. (380) 277, 742

i Huntington and Big Sandy RR. (381) 278

Huntington Street Ry 1171

Huntsville Belt Line and Monte Sauo Ry. 279
Hutchinson and Southern RR. (382) 279; 1151

Idaho, Map of Bet. pp. 944 and 945

Idaho North and South Ry. (383) —

Illinois Central RR. (384) 280

Illinois. Map of Bet. pp. 144 and 145

Indiana and Illinois Southern RR. (385). 289
Indiana and Lake Michigan Ry. (879). . . 744

Indiana Block Coal RR 123

Indiana, Illinois & Iowa RR. (387). .290, 1039

Indiana, Map of Bet. pp. 144 and 145

Indiana Northern Ry. (388) —

Indianapolis and Vincennes RR. (661).

882, 1152
Indianapolis, Decatur and Western RR.

(390) 291, 1152

Indianapolis Union Ry. (391). 292

Indian River Steamboat Co. (408) —

Indian Springs and Flovilla RR. (389). . . —
Indian Territory, Map of. .Bet. pp. 480 & 481
Ingalls, White Rapids and Northern RR.

(392) _

j Intercolonial Ry. (114) 1087

i International and Great Northern RR.

(Map) (394) 745, 793

! International Bridge Co 1084

Interstate Consolidated Rapid Transit

Cable Ry. Co. (395) 293

; Iowa Central Ry. (396) 294. 1152

I Iowa, Map of Bet. pp. 288 and 289

I Iowa Northern Ry. (397) 296

Iron Ry. (398) 296

Irondale, Bancroft and Ottawa Ry. (399). 1087

Irouton RR. (40O) 297

Island RR. (402) 297

Ithaca (Street) RR 1171

Ivorydale & Mill Creek Valley Ry. (401). —

Bankers and Brokers,

74 Broadway,

New York.

BRANCHES :
348 Broadway, New York.
117 Monroe St., Chicago.
150 Walnut St., Cincinnati.

GENERAL INDEX.

Jackson, Lansing and Saginaw RR 782

Jacksonville and Atlantic RR. (403K . . . 748
Jacksonville, Louisville & St. Louis Ry.

150, 1152
Jacksonville, Mayport and Pablo Ry.

and Nav. Co. (405) 749

Jacksonville, St. Augustine and Halifax

River Ry. (408) 298

Jacksonville Southeastern Line (407) . . . 149
Jacksonville, Tampa & Key West Ry.

(408) 298

Jacques Cartier Union Ry 1084

Jalapa Branch Ry 1116

Jamaica and Brooklyn Road 1171

Jamestown aud Franklin RR 7G2

Jamestown (Street) Ry 1171

James River Valley RR 454

Jamesville and Washington RR. (409). . . 749

Jefferson RR 426

Jerome Park Street Ry 1171

Joggins Ry. (410). . '... 1088

Johnsonburg RR 858

Johnstown. Gloversville and Kingsboro

Horse RR 1171

Johnstown (Passenger) RR 1173

Joliet and Blue Island Ry. (411)

Joliet and Chicago RR 683

Joliet and Northern Indiana RR 782

Jones Lake RR 227

•Jones Mountain RR. (412) —

Junction (Philadelphia) RR. (413). .299, 1152
Junction City and Fort Kearney Ry 1008

Kaaterskill RR. (415) '. . . 300

Kalamazoo, Allegan & Grand Rapids RR. 762

Kalamazoo and South Haven RR 782

Kanawha Ry. (416) 750

Kauawha and Coal River Ry. (417) 750

Kanawha and Michigan Ry. (418) 301

Kankakee and Smeca RR. (419) 170, 302

Kanona and Prattsburg RR. (420) 302

Kansas and Arkansas Valley Ry 806

Kansas and Colorado Pacific Ry 793

Kansas Central RR 1008

Kansas City and Independence Air Line.
(421) 750, 1152

Kansas City and Independence Rapid
Transit Ry. (422) 303

Kansas City and Memphis Ry. and Bridge
Co..

Kansas City
Kansas City
Kansas City
Kansas City
Kansas City
Kansas City,

(426).. '.
Kansas City,
Kansas City,
Kansas City,

(426)
Kansas City,

(427) ....
Kansas City,
Kansas City,

RR. (426)
Kansas City,

(428)

Kansas City,

(429)

Kansas City,

RR. .

......................... 1167

and Omaha RR ........... 1013

and Pacific RR ............. 795

and Southwestern RR ...... 33

BeltRy. (423) ............. 24

Bridge & Terminal Ry. (424) 303
Clinton and Springfield Ry.
........................... 304

El Paso & Mexican Ry.305, 1152
Emporia and Southern Ry. 12
Fort Scott & Memphis RR.
........................... 305

Fort Smith and Southern Ry.
........................ . .

Lawrence and Wichita RR.
Memphis and Birmingham

308
312

Nevada and Ft. Smith RR.

1040, 1153

Osceola and Southern Ry.

". 310

St. Joseph & Council Bluffs

751

Kansas City, St. Louis and Chicago RR. . 683
Kansas City Suburban Belt RR. (430) . . . 752
Kansas City, Topeka and Western RR. . . 12
Kansas City, Watkius and Gulf RR. (432) 310
Kansas City, Wyandotte and Northwest-
ern RR. (433) 311, 115:5

Kansas, Map of Bet. pp. 480 and 481

Kansas Midland Ry 33

Kearney and Black Hills Ry. (434) 1018

Keesville, Au Sable Chasm and Lake

Champlain RR. (435) 312

Keithsburg Bridge Co 2!»">

Kendall and Eldred RR 6:56

Kennebec Central RR. (437) 313

Kennebunk and Kennebunkport RR 76

Kensington and Tacony RR . . 858

Kent Northern Ry. (436) 1089

Kentucky and Indiana Bridge Co. (438). . 313

Kentucky and South Atlantic Ry 314. 1 153

Kentucky Central Ry 347

Kentucky, Map of Bet. pp. 408 and 409

Kentucky Midland Ry. (439) 314

Kentucky Union Ry. (440) 315, 1 15:{

DOMINICK & DICKERfflAN,

W. G. DOMINICK,
W. B. DICKERMAN,
B. DOMINICK.

Three members
of N.Y. StocK

Exchange.

GENERAL INDEX.

Keokuk and Des Moines RR 156

Kfokuk and Hamilton Bridge, The (441). 315
Keokuk and Northwestern RR.556, 940, 1153

ik and Western HR. (442) 316, 1153

K.'y.-tone Coal Co. RR. (443) —

Kildare and Linden Ry. (444) 317

Kilkenny Lumber Co.'s RR 181

Kinderhookand Hudson RR. (445). .317.. 1153
Kings Co. Elevated Ry. Co. (446). . .318, 1154

Kingston and Adelphi RR. (447) 161

Kingston and Pembroke Ry. (448) 1088

Kingston. City RR ." 1171

Kingston, Xapanee & Western Ry. (449). 1090

Kinzua Creek and Kane RR 1041

Kinziui RR (536

Kinzua Valley RR 319, 1154

Knos and Lincoln RR. 358

Knoxville and New River RR. (452) 1041

Knoxville and Ohio RR 221

Knoxville, Cumberland Gap and Louis-
ville RR. (453) 319. 1154

Kymulga and Coosa River RR. (454). ... —

Lackawanna and Montrose RR. (455) . . . 752
Lacka wanna and Pittsburgh RR. (456).. 1154
Lackawanna and Southwestern RR. 320, 1154

Lackawanna and Susquehanna RR 196

Lake Champlain & Moriah RR. (457) 320

Lake Champlain and St. Lawrence Junc-
tion Ry 1102

Lake County (Forest) RR. (458) —

Lake Creek RR. (459) 321

Lake Erie, Alliance & Southern Ry. (460) 321

Lake Erie and Detroit River Ry 1091

Lake Erie and Western RR. (Map) (461). 753
Lake Erie, E?sex& Detr't River Ry. (462)

Lake Shore RR " 181

Lake Shore and Mich. Southern Ry. (463) 756
Lake Shore Terminal and Trans. Ry. . . . . 210

Lake Side and Marblehead RR .....* 322

Lake Simcoe Junction Ry .1084

Lake Tahoe RR. (465)."

Lake Temiscamingue Colonization Ry. . .1091

Lancaster and Hamden RR. (466) 753

Lancaster and Millersville Street RR 1173

Lancaster & Reading Narrow Gauge RR. 918

; Lancaster City Passenger RR 1173

| Lancaster, Oxford and South'n Ry. (467). 323
Lansingburg and Cohoes Street Ry 1171

; Laramie, North Park and Pacific Ry 1008

Laramer Street Ry 1173

Larch mont Horse Ry 1171

1 Laurel Fork and Sand Hill RR. (468). 323, 1154

L'Assomption Ry : 1092

Lanrens Ry

Lawrence and Emporia Ry 1018

Lawrenceville Branch RR 532

| Leamington and St. Clair Ry 783

Leavenworth and St. Joseph RR 159

Leaveuworth Depot "and RR. Co 1019

; Leavenworth, Northern & Southern RR.. 12
Leavenworth, Topeka and Southwestern

Ry 1017

Lebanon Springs RR. (469) 324, 1155

Lehigh and Hudson River Ry. (47O) 324

i Lehigh and Lackawanna RR. (471) 320

Lehigh and Susquehanna RR 677

Lehigh Avenue Street Ry 1173

Lehigh Coal and Navigation Co . 1126

Lehigh Valley RR. (Map) (472). . , 327

Lehigh Valley Ry . (472) 331

Lehigh Valley Coal Co 333

Lehigh Valley Terminal Ry 331

Leominster Street Ry. Co 1169

Leroy and Caney Valley Air-Line RR . . . 806

Lewisburg and Tyrone RR 859

Lewiston and Auburn Branch RR 1083

Lexington Terminal RR. (473) 333

Ligonier Valley RR, (474) 334

Lincoln Park and Charlotte RR 93

Litchfield Belt Ry. (475)

Litchfield, Carrollton and Western RR. . 150

Little Book Cliff Ry. (477) 334

Little Miami RR.\*. 883

Little Rock and Fort Smith Ry. (478)... . 807
Little Rock and Memphis RR. (479)... 1042

Little Rock Belt Ry. (480)

Little Rock Junction Ry 807

Little Saw Mill Run RR. (481) 335

Little Schuylkill RR 911

Littlestown RR 859

Liverpool Coal Ry. (482) —

Lockport and Buffalo Ry. 426

Lockport Street RR 1171

Lodi Branch RR . . .818

Bankers and Brokers,

74 Broadway,
New York.

BRANCHES :
348 Broadway, New York.
117 Monroe St.. Chicago.
150 Walnut St., Cincinnati.

66

GENERAL INDEX.

Lombard and South Streets Pass. Ry 1173

London and Port Stanley Ry 1084

London, Huron and Bruce Ry 1084

Long Beach RR 859

Long Dock Company 426

Long Island RR. (483) 835, 1155

Long Island City & Newtown (Street) RR.1171

Lookout Incline Ry. (484) 1043

Los Angeles and Pacific Ry. (485) 769

Los Angeles Terminal Ry. (486) 339

Louisiana and Missouri River RR 683

Louisiana and Northwest RR. (487). 772, 1155

Louisiana and Texas (Morgan's) (814) 965

Louisiana, Ark. and Missouri RR. (488). . 340

Louisana Central RR, (489) 773

Louisiana, Map of Bet. pp. 320 and 321

Louisiana Western RR, (814) 964

Louisville and Nashville RR. (490). 341, 1155

Louisville and St. Louis RR 150

Louisville and Wadley RR. (491) 340

Louisville, Evansville and St. Louis Con-
solidated RR. (492) . 350, 1155

Louisville, Hardinsb'g and W. RR, (493). 772
Louisville, New Albany and Chicago Ry.

(Map) (494) 763

Louisv., New Alb'y & Corydon Ry. (495) 352
Louis., New Orleans and Tex. RR. (496)

768, 1155

Louisville Railway Transfer 348

Louisv.. St. Louis & Tex. Ry. (Jfop)(497) 770

Louisville Southern RR. (708) 1043

Lowell and Andover RR 76

Lowell and Dracut St. Ry 1169

Lowell and Hastings RR, (498) 1044

Lowell and Suburban St. Ry 1169

Lowell Street Ry 1169

Lower Laurentian Ry. (499) 1092

Loyalsock RR 332

Lykens Valley RR 1155

Lynchburg and Durham RR 353

Lynn and Boston Street Ry 1169

Lynn Belt Line Street Ry 1169

M

McKean and Buffalo RR 636

McKeesport and Bessemer RR 859

McKeesport Connecting RH. (500) 353

Macon and Atlantic RR 1156

Macou and Birmingham RR 1156

Macon and Northern RR 517, 525

Macon, Dublin and Savannah RR. (501). 1156
Madison, Alton and Chicago Ry. (502). . .

Mahoning Coal RR 762

Mahoning Valley RR. (503) 1044

Mahopac Falls RR 402

Maine Central RR. (504) 354

Maine, Map of Preceding page 1 of Text.

Maiden and Melrose (Street) Ry. . . 1169

Mammoth Cave RR 349

Mauayunk and Box bo rough Inclined

Plane and Ry. Co 1173

Manchester and Augusta RR (34) 648

Manchester and Keene RR 76

Manchester and Lawrence RR 76

Manchester and North Weare RR 183

Manet Street Ry 1169

Manhattan, Alma & Burlingame Ry 1017

Manhattan Ry. (506) 359, 1156

Manistee and Grand Rapids RR. (507). ..1045

Manistee and Luther RR. (508) 773

Manistee and Northeastern RR. (509). . . . 774

Manistique Ry. (510) 362

Manitoba and Northwestern Ry. (511). . .1092

Manitoba S. W. Colonization Ry 1068

Manitou and Pike's Peak RR. (512) 774

Mansfield Ry. and Transportat'n Co. (513)

775, 1156

Maricopa and Phoenix RR. (514) 362

Marietta and North Georgia Ry. (515) . . 775

Marine Ry. (516) 363

Marion and McPherson Ry 12

Market Street Ry 1173

Marlborough Street Ry 1169

Marshall Street Ry 1173

Martha's Vineyard RR, (517) 363

Martin's Creek in N. J. Ry 859

Martin's Creek in Penna. Ry 859

i Maryland, Map of Bet. pp. 208 and 209

Mary Lee Coal and Ry. (518) 364

Mason and OceanaRR. (519)

Mason City and Ft. Dodge RR. (520). ... 364

Mason County Central RR. (521) 776, 1156

Massachusetts, Map of. ... Bet. pp. 48 and 49

Massachusetts, Street Railroads of 1169

Massuwippi Valley Ry 76

Massillon and Cleveland RR. . . 886

DOMINICK & DICKERMAN,

W. G. DOMINICK,
W. B. DICKERMAN,
B. DOMINICK.

Three members

of N.Y. StocK

Exchange.

GENERAL INDEX.

67

1'AI.K

Maucli Chunk Summit Hill and Switch

BackRR 677

Maxton. Alma and Rowland RR. (523). .1045

Ma/sville and Big Sandy RR 119

Meadville, Conneaut Lake and LinesviUe

RR 927!

Mechanicville and Fort Edward RR 237

Memphis and Charleston RR. (524) 365

Menominee Ry 702

Meride^i, Waterhury and Connecticut

River RR, (525) 367? 1156

Merrimack Valley Horse RR 1161)

Metropolitan Elevated Ry 361

Mexican Ry. (526) : . . .1115

Mexican Central Ry. (Map) (527) 1107

Mexican International RR.. The (528). ..1121

Mexican Interoceanic RR. (529) —

Mexican National RR. (530) 1112

Mexican Northern Ry. (531) 1117

Mexican Southern Ry. (532) 1117

Mexico, Railroads in 1107

Michigan Air-Line (M. C.) RR 782

Michigan Air-Line Ry 777

Michigan Central RR. (533) 778

Michigan, Map of Bet. pp. 176 and 177

Michigan Midland and Canada RR 783

Michoacan and Pacific Ry. (534)

Middle and East Tennessee Central Ry.

(536) 784

Middleburg and Schoharie RR. (535). ... 368
Middle Georgia and Atlantic Ry. (537) .1156

Middlesborough Belt Ry. (538) ^84

Middletown and Crawford RR 426 i

Middletown and Hummelstown RR 916

Middletown, Unionville and Water Gap

RR 818;

Midland Ry. of Canada 1084

Midville. Swainsboro and Red Bluff

Ry. (539) — !

Mifflin and Centre County RR 859

Milford and Hopedale Street Ry 1169

Milford and Woonsocket RR 813 ;

Milford, Franklin and Providence RR. . . 814 ,

Mill Creek and Mine Hill RR 911

Millen and Southern Ry. (540) 368

Millstone and New Brunswick RR 859

Mill vale Street Ry 1173

Milton and Southerlin RR 525 i

Milwaukee and Lake Winnebago RR. . . . 459

Milwaukee and Northern RR. (541) 369

Milwaukee and Superior Ry. (542) 1045

Milwaukee, Bay View & Chicago RR. ( 543)
Milwaukee, Lake Shore and Western

Ry. (544) 785

Milwaukee, Menominee Falls and West-
ern RR 788

Miuden RR. and Coal. Co. (545) 370

Mine Hill and Schuylkill Haven RR . . . . 911

Mineral Range RR. (546) 788

Minneapolis and Duluth RR 565

Minneapolis and St. Louis Ry. (548) 370

Minneapolis Eastern Ry. (547) 373

Minneapolis, St. Paul and Sault Ste. Marie

Ry. (549) 789

Minneapolis Union Ry. (550) 261

Minnesota, Map of Bet. pp. 608 and 609

Miscellaneous Corporations 1124

Missisquoi Valley Ry 107

Mississippi and Little Rock Ry. (551) 374

Mississippi, Map of Bet. pp. 320 and 321

Miss. River and Bonne Terre Ry. (552). . 374
Mississippi River and Northwestern

RR. (553)

Mississippi River Bridge 683

Missouri, Kansas and Texas Ry. (Map)

(554) 791

Missouri, Map of Bet. pp. 288 and 289

Missouri Pacific Ry. (Map) (555) 796

Missouri Southern RR. (556) 374

Mobile and Birmingham Ry 2'21

Mobile and Girard RR 537

Mobile and Montgomery Ry 347

Mobile and Ohio RR. (557) 375

Mobile and Spring Hill RR. (558) 378

Mohawk and Ilion (Street) RR 1171

Monongahela Connecting RR. (559) 379

Monougahela Inclined Plane Passenger

Ry 1173

Monongahela River RR. (560) 1167

Monson RR. (561) 379

Mont Alto RR. (562) 380

Montana Central Ry 261

Montana, Map of Bet. pp. 448 and 449

Montana Ry 1018

Montana Union Ry. (563) 1017

Monterey and Mexican Gulf RR. (Map)

(564) 1118

Montgomery and Erie Ry 426

Bankers and Brokers,

74 Broadway,

New York.

BRANCHES :
348 Broadway. New York.
117 Monroe St.", Chicago.
ISOWaluut St., Cincinnati.

68

GENERAL INDEX.

Montgomery and Eufaula Ry 537

Montgomery, Tuscaloosa and Memphis

Ry. (565) —

Montour RR, (566) 380

Montpelier and Wells River RR. (567) . . 380

Montpelier and White River RR 107

Montreal and Lake Maskinonge R y 1093

Montreal and Ottawa Ry 1007

Montreal and Sorel Ry 1085

Montreal and Vermont Junction Ry 107

Montreal and Western RR. (568) —

Montreal Bridge Co., The 1104

Montreal, Portland and Boston Ry 1102

Montro.se Ry. (569) 381, 1156

Morgan's Louisiana and Texas RR, (814) 065

Morris and Essex Extension RR 726

Morris and Essex RR. (247) 726

Morris Canal and Banking Co 333

Morris County RR. (570). 382

Morristown & Cumberland Gap RR. (571) —

Moshassuck Valley RR. (572) 382

Mount Carbon and Port Carbon RR 911

Mount Carmel and Natalie RR 909, 911

Mount Gilead Short Line RR 170, 175

Mount Gretna Narrow-Gauge Ry 188

Mount Holly, Lumberton & Medford RR. 859

Mount Hope Mineral RR. (573) 809

Mount Jewett, Kinzua and Rite^ville

RR. (574) 382

Mount McGregor RR, (575) 383

Mount Oliver Incline Ry. (576) 1173

Mount Penn Gravity RR. (577) 384

Mount Pleasant and Broad Ford RR 56

Mount Washington RR. (578) 383

Muskegon. Grand Rapids and Indiana RR. 886
Muskingum County RR 65

N

Nantasket Beach RR 470

Nantucket RR. (579) 384

Nanuet and New City RR 395

Narragansett Pier RR. (580) 385

Nashua, Acton and Boston RR 183

Nashua and Lowell RR 76

Nashville and Decatur RR 348

Nashville and Knoxville RR. (581) 385

Nashville and Tellico RR. (582) 809

Nashville, Chattanooga and St. Louis

Ry. (Map) (583) 386, 1157

Nashville, Florence and Sheffield Ry. ... 350
Natchez, Red River and Texas RR. (584) 390

Natchitoches RR. (585) 391, 1157

Natick and Cochituate (Streei) Ry 1169

National City and Ot iy Ry. (586). . .809, 1157

National Docks Ry 327, 391

National Docks and New Jersey Junction

Connecting Ry. (587)

Naugatuck RR 43:3

| Naumkeag (Street) RR 1169

Nebraska, Map of ... Bet pp. 480 and 481

Nescopec RR b59

Nesquehoning Valley RR 677

Nevada-California-Oregon Ry. (588) 391

Nevada Central RR. (589) 392

Nevada County Narrow-Gauge RR. (590) 392

Nevada, Map of Bet. pp. 976 and 977

New Albany Belt and Terminal RR 314

Newark and Bloomfield RR 727

Newark and Hudson RR 426

Newark, Somerset and Straitsville RR. . . 54

New Brunswick and Canada Ry 1069

New Brunswick & Prince Edward Island

Ry. (591) 1094

New Brunswick Ry 1069

Newburgh and New York RR 427

Newburgh, Dutchess and Connecticut

RR. (592) 393

Newburgh (Street) RR 1171

Newburyport RR 77

Newburyport and Amesbury Horse RR. .1169

Newburyport City RR 77

New Castle and Beaver Valley RR 887

New Castle and Butler RR. (593)

New Castle and Shenango Valley RR. . . 429

New Castle Electric Street Pass. Ry 1173

Newfoundland Ry. (594) 1 094

New Hampshire, Map of, Preceding p.l of Text
New Hanover Transit Co.'s RR. (595). . . 394

New Haven and Derby RR 272

New Haven and Northampton RR 433

New Jersey and New York RR. (596). ... 394

New Jersey Junction RR 411

New Jersey, Map of Bet. pp. 96 and 97

New Jersey, United Companies of 863

New London Northern RR, (596). . .108. 1157

New Mexico and Arizona RR. (807)

New Mexico, Map of Bet, pp. 544 and 545

New Orleans and Mobile RR. 348

New Orleans and Northeastern RR, (708) 395
New Orleans and Northwestern Ry. (599)

397, 1157

New Orleans and Southern RR. (600)... 397
New Orleans, Fort Jackson and Grand
Isle RR. (601).. . 810

Spencer Trask & Co,,

BANKERS,

10 WALL STREET, NEW YORK.

BOSTON, 16 Congress Street.
ALBANY, State & James Streets.
PROVIDENCE, 5 &7 Exchange Street.

MEMBERS NEW YORK AND BOSTON
STOCK EXCHANGES.

Commission Orders executed on either Exchange.

Direct Private Wire to each office, and to Correspon-
dents in Philadelphia.

DEALERS IN

STATE, CITY AND RAILROAD BONDS

70
BANKING- HOUSE OF

DREXEL, MORGAN & CO.,

COR. OF WALL and BROAD STREETS,

ISTEW YORK.

Erected 1872-3.

DREXEL & CO.,

PHILADELPHIA.

DREXEL, HARJES & CO.,

PARIS

AGENTS AND ATTORNEYS OF

Messrs. J. S. MORGAN & CO., London.

DRAW EXCHANGE AT CUSTOMARY USANCES.

ISSUE COMMERCIAL AND TRAVELERS' CREDITS,

GENERAL INDEX.

71

Newport and Cincinnati Bridge Co 885

Nrwport and Richford RR 77

Newport and Sherman's Valley RR. (602) 398
Newport and Wick ford RR. and Steam-
boat Co. (603) 399

Newport News and Mississippi Valley Co.

(604) 1046

New Rocbelle Ry. and Transit Co 1171

Newton (Mass.) Street Ry. .'. 1169

New York and Canada RR 197 |

New York and Coney Island RR 503

New York and Flushing RR 338 I

New York and Greenwood Lake RR.(614) 399 j
New York and Harlem RR. . . .411, 1157, 1171 |

New York and Long Beach RR 338

New York and Long Branch RR. (606). . 678

New York and Mahopac RR 411 !

New York and Massachusetts Ry. (607) 400
New York and New England RR. (608)

810, 1157 '

New York and Northern Ry. (609) 401 :

New York and North Pennsylvania RR. . 2
New York and Rockaway Beach Ry. (610)

403. 1157

New York and Rockaway RR 339

New York and Sea Beach Ry. (611) 403

New York, Boston and Montreal RR 177

New York, Brooklyn and Manhattan

Beach Ry 338 \

New York Central and Hudson River

RR. (612) 404

New York Central, Hudson River and

Fort Orange RR 411

New York Central Niagara River RR... . 411
New York, Chicago & St. Louis Ry. (613)

414, 1157

New York, Lacka wanna & Western Rli. 727
New York, Lake Erie and Western RR.

(614) 415, 1158

New York, L. E. & W. Coal & RR. (614). 427

New York, Map of Bet. pp. 96 and 97

New York, New Haven and Hartford

RR. (615) 430, 1158

New York, Ontario and Western Ry.

(Map) (616) 434, 1158 \

New York, Pennsylvania & Ohio RR.(614) 427 i
New York, Philadelphia and Norfolk

RR. (617) 438

New York, Providence and Boston RR.

(618) 439, 1158

New York, Street RR's of 1170

New York, Susquehanna and Western

RR. (Map) (619) 815

New York, Texas and Mexican Ry. (814) 965
New York, Westchester and Putnam

Ry 402

Niagara Falls and Suspension Bridge

(Street) RR 1171

Niagara Falls Branch RR 412

Ninth Avenue (New York) 1171

Nittany Valley RR. (620) 1047

Norfolk, Albemarle & Atlantic RR. (622)

441, 1158

Norfolk and Carolina RR. (621) 442

Norfolk and Ocean View RR. and Hotel

Co. (623) 443

Norfolk and Southern RR. (624) 818

Norfolk and Western RR. (Map) (625) . . 819

Norristown J unction RR 911

Norristown Passenger Ry 1173

North American Company 1127

Northampton (Street) Ry 1169

North and East Greenbush Horse RR... .1171

North and South RR. of Illinois 150

North and West Branch Ry 859

North Brookfield RR 71

North Carolina, Map of. Bet. pp. 208 and 209

North Carolina RR 525

North Carolina Midland RR 517

North Dakota, Map of. . .Bet. pp. 608 and 609

Northeast Pennsylvania RR 916

Northeastern (Ga.) RR 528

Northeastern (S. C.) RR. (34) 443

North End Street Ry 1169

Northern (N. H.) RR 78

Northern and Northwestern Rys 1084

Northern Adirondack RR. (627) 444

Northern California Ry. (So. Pacific) (814) 966

Northern Central Ry. (628) 8*26

Northern Pacific RR. (Map) (629).. .445, 1158

Northern Pacific and Montana RR 454

Northern Pacific Express Co. (629) —

Northern Pacific Terminal Co. of Oregon. 1129

Northern RR. of New Jersey (614) 427

Northern Ry. Co. of California 966

North Pacific Coast RR. (630) 460/1158

North Pennsylvania RR 911

Northwestern (North Carolina) RR 526

Northwestern (No. Pac. Coast) RR. .461, 1159

North Woburn (Street) RR 1170

Norway Branch RR 1083

Norwich and Worcester RR 814

Nosbonsing and Nipissing Ry 1095

Nova Scotia Central Ry. (631) 1095

Nunnery Hill Inclined Plane Co 117d

Nyack and Northern RR 427

72

GENERAL INDEX.

Oberlin and LSI Grange RR 762

Occidental and Oriental Steamship Co. . 1019

Ogden and Hot Springs Ry. (632) 461

Ogden Mine RR 678

Ogden Union Hy. and Depot Co 1019

Ogdensburgh and Lake Champlain RR. , 107

Ogdensburgb Street Ry 1171

Ohio, Map of Bet. pp. 864 & 865

Ohio and Baltimore Short Line Ry 55

Ohio and Big Sandy RK 831

Ohio and Mississippi Ry. (634) 461, 1159

Ohio Connecting Ry 887

Ohio River RR. (635) 463, 1159

Ohio Southern RR. (636) 464, 1159

Ohio Valley Ry. (637) 465,1159

Oil City and Ridgway Ry. and Mining

Co. (638) 466

Old Colony RR. (639) 467, 1159

Olean, Bradford and Warren Ry 636

Olean, Bradford and Warren RR 636

Olean (Street) RR 1171

Omaha and Republican ValU-y Ry 1008

Omaha and St. Louis Ry. (640) 470

Omaha Union Depot Co 1019

Oneida Street (Utica) RR 1171

Oneida (Street) Ry 1171

Oneonta (Street) RR 1171

Onset Street Ry 1170

Ontario and Quebec Ry 1068

Ontario, Carbondale and Scranton Ry. . . . 437

Orange Belt Ry. (641) 471

Orange County RR 326

Orchard Beach RR. (642) 47o

Ore Branch RR 215

Oregon and California RR. (814) 973

Oregon and Washington RR. (643). 831, 1159

Oregon Improvement Co 1129

Oregon. Map of Bet. pp. 944 and 945

Oregon Pacific RR. (see page 1167) (644). 472
Oregon Ry. and Navigation Co. . . .1010, 1159

Oregon Railway Extension Co 1012

Oregon Short Line & Utah Northern Ry.1009

Oregonian RR. (814) 973

Oregon ian Union Ry. and Depot Co 1019

Orleans, West Baden and French Lick

Springs Ry 768

Osage Carbon Co 26

Oswego and Rome RR 412

r.\<;K

Oswego and Syracuse RR. (247) 727

Oswego Street RR. . 1171

Ottawa and Gatineau Valley Ry. (645). . .1095

Owasco River RR. (646) 473, 1159

Owensboro and Nashville Ry 349

Owensboro, Falls of Rough and Green

River RR. (647) 832

Oxford and Clarksville RR 526

Oxford and Henderson RR. . . 528

Pacific and Great Eastern Ry. (648). 473

Pacific Coast Ry. (649) 832, 11 50

Pacific Express Co 1019

Pacific Mail Steamship Co 1132

Packwaukee and Montello RR 459

Paducah, Tennessee & Alabama RR. (650) 474

Palmetto RR. (651) 474, 1160

Panama RR. (652). 1121

Paragould and Buffalo Island Ry. (653).. —
Paris, Marshall and Sabine Pass Ry. (654) 47.~>

Parkersburg Branch RR 55

Pasadena RR 339

Passaic and Delaware RR 727

Passaic and Delaware Extension RR 727

Passaic and New York RR 818

Paterson and Hudson River RR 427

Paterson and Ramapo RR 427

Paterson, Newark and New York RR 427

Pawnee RR. (655) 475

Pawtuxet Valley RR 441

Pecos River RR. (657)

Pecos Valley Ry. (657) 476

Pelham Park Street RR 1171

! Pemberton and Hightstown RR 476

j Pemigewasset Valley RR 183

Pennsboro' and Harrisville, Ritchie

County, Ry. (658) 477

! Pennsylvania & New York Canal and RR. 332
i Pennsylvania & Northwestern RR. (659). 477

, Pennsylvania Company (Map) (661) 865

j Pennsylvania, Map of Bet. pp. 864 & 865

i Pennsylvania Motor Co 1173

; Pennsylvania, Poughkeepsie and Boston

RR. (662) 478. 1160

1 Pennsylvania RR. (Map} (660). . . . 833, 1160

! Pennsylvania Schuylkill Valley RR 860

i Pennsylvania, Street RR's . of 1172

DOMINICK & DICKERMAN

W. G. DOMINICK, ) Three members
W. B. DICKERMAN, ofN.Y. StocK
B. DOMINICK. Exchange.

GENERAL INDEX.

73

IVnsaoohi aiu Andalusia RR. (663) 479

IVnsaeola and Atlantic RR 348

IVnsacola and Perdido RR. (664) 47!)

le's (Phi la.) Passenger Ry 1173

People's (Pittsburgh) Ry 1173

People's (Pottsville) Ry. (665) 479

People's (Scrauton) Street Ry 1173

People's RR. of Syracuse 1171

Peoria and Bureau Valley RR 156

Peoria and Eastern RR 170, 175

Peoria and Pekin Union Ry. (666). . .170, 480
Peoria, Decatur and Evansville R> . (667). 481

Peoria Terminal Ry. (668) 29o

Perkiomen RR. (669) 483

Perry RR 93

Perry County RR. (670)

Perry Street RR 1173

Perth Amboy and Woodbridge RR 860

Peterborough RR 77

Peterborough and Hillsbo rough RR 79

Petersburg and Asylum RR. (672) 484

Petersburg RR. (34) 483

Philadelphia and Baltimore Central RR. 924

Philadelphia and Chester Branch RR 911

Philadelphia and Chester Valley RR. . . . 917

Philadelphia and Darby Street Ry 1174

Philadelphia and Erie RR. (660) 860, 1160

Philadelphia and Gray's Ferry Passenger

Ry 1174

Philadelphia and Long Branch RR 861

Philadelphia & Reading RR. (Map) (673).

899, 1160
Philadelphia and Reading Coal & Iron Co. 90S

Philadelphia and Sea Shore RR 1160

Philadelphia and Trenton RR 861

Philadelphia City Passenger Ry 1174

Philadelphia, Germantown and Chestnut

Hill RR , 861 j

Phila., Germantown and Xorristown RR. 911
Philadelphia, Harrisburg and Pittsburgh

RR 909, 911 j

Philadelphia, Marltou-and Medford RR. 672 j
Philadelphia, Newtown and New York

RR. (674). 485 I

Philadelphia Traction Co 1174 j

Philadelphia, Wilmington and Baltimore

RR. (675) 919

Phillips and Rangeley RR. (676) 485 j

Pickering Valley RR 912 |

PAGE

I Piedmont RR 525

| Piedmont and Cumberland Ry 638

Pine Bluff and Swan Lake Division 486

1 Pine Bluff, Monroe and New Orleans

RR. (677) 486

! Pine Creek Ry . (304) 486

Piqua and Troy Branch RR 706

Pittsboro' RR 506

Pittsburgh, Akron and Western RR.(682)

487, 1160
Pittsburgh, Allegheny and Manchester

Pass. Ry 1174

Pittsburgh, Allegheny and Manchester

Traction Ry 1174

Pittsburgh and Birmingham St. Ry 1174

Pittsburgh and Birmingham Traction Ry.1174
Pittsburgh and Castle Shannon RR. (679) 487

Pittsburgh and Coi.nellsville RR 55

Pittsburgh and Lake Erie RR. (680) 488, 1160

Pittsburgh and Northern Ry 492

Pittsburgh and West End Passenger Ry.1174
Pittsburgh and Western RR.(681). . . 53, 490
Pittsburgh, Chartiers and Youghiogheny

Ry. (683) 492

Pittsburgh, Cincinnati, Chicago and St.

Louis Ry 888, 1160

Pittsburgh, Cleveland and Toledo RR. . . 492
Pittsburgh, Fort Wayne and Chicago Ry 891

Pittsburgh Incline Plane Co 1174

Pittsburgh Junction RR. (684) 493

Pittsburgh, McKeesport and Youghio-

ghei.y RR 489, 1160

Pittsburgh, Marion and Chicago Ry .(685)

494. 1160

Pittsburgh, Oakland and E.Liberty St.Ry.1174
Pittsburgh, Ohio Valley & Cincinnati Ry.

(686) 495

Pittsburgh. Paiuesville and Fairport RR. 492
Pittsburgh, Shenango and Lake Erie

RR. (687) 926, 1160

Pittsburgh Traction Co 1174

Pittsburgh Union Passenger Ry 1174

Pittsburgh, Virginia and Charleston Ry. . 861
Pittsburgh, Wheeling and Kentucky RR. 893
Pittsburgh, Youngstown and Ash tabula

RR 894, 1160

Pittsfield and North Adams RR 71, 1160

Pittsfield Electric Street Ry 1170

Pittsford and Rutland RR 165

Bankers and Brokers,

74 Broadway,
New York.

BRANCHES :
348 Broadway, New York.
117 Monroe St., Chicaso.
150 Walnut St., Cincinnati.

74

GENERAL INDEX.

Pittston Street Car Co 1174

Platt^burgh and Dannemora RR 113

PI v mouth RR 912

Plymouth and Kingston RR 1170

Pomeroy and Newark RR. 861

Pontchartrain RR 348

Pontiac, Oxford and Northern RR. (688) 927

Pontiac Pacific Junction Ry. (689) 1006

Port Clinton Short Line Ry. (690) 495

Port Edwards, Centralist & Northern RR.

(691) - 495

Port Jervis, Monticello & New York RR.

(692) 496

Portland and Ogdensburgh Ry 858

Portland and Rochester RR. (695). 496, 1160

Portland and Rumford Falls (696) 549

Portland and Vancouver Ry. (697) 497

Portland & Willamette Valley Ry . . 498, 947

Portland, Saco and Portsmouth RR 77

Port Reading RR. (135) 909, 1161

Port Royal and Augusta Ry. . ..498, 534, 1161
Port Royal and Western Carolina Ry.

499, 534, 1161

ort.pmouth and Dover RR. 77

Port Townsend Southern RR.(698) 928, 1161

Potomac RR 540

Potomac, Fredericksburg& Piedmont RR.

(699) 500

Poughkeepsie Bridge Co 501, 1161

Prairie du Chien and McGregor RR 502

Prescott and Arizona Central Ry. (700). 929

Prince Edward Island Ry . (1 14) 1096

Profile and Franconia Notch RR.(702) 502
Prospect Park & Coney Island RR.(703)

503, 1161, 1171

Prospect Park and Flatbush (Street) RR.1171
Prospect Park and South Brooklyn RR. .1161

Providence and Springfield RR 814

Providence and Worcester RR 441

Providence, Warren & Bristol RR. . .504, 1161
Providence, Webster and Springfield Ry. 71
Pullman's Palace Car Co. . . . . 1133

Qu'Appelle, Long Lake and Saskatchewan

Ry 1097

Quebec and Lake St. John RR. (705) 1097

Quebec Central Ry. (706) 1099

. Montmorency and Charlevoix Ry.

(707) 1099

Queen and Crescent Route (708)

Queen Anne and Kent RR 924

Quincy and Boston (Street) Ry 1170

Quincy, Omaha and Kan. City Ry. (709). 505
Quincy (Street) RR 1170

Railroad Equipment Co 1134

Raleigh and Augusta Air-Line RR. (780). 505

Raleigh and Gaston RR. (780) 506

Raritan River RR. (712) 507

Raton Coal and Coke Co 26

Rattlesnake Creek Water Co 1019

Ravenswood, Spencer and Glenville

RR, (713) 1048

Reading and Columbia RR. (714) 917

Reading City Passenger Ry 1174

Reading Iron Co 908

Reading, Marietta and Hanover RR 918

RedondoRy. (715) 929-

Red River, Sabine and Western RR. (716)

Rensselaer and Saratoga RR 198

Rew City and Eldred RR 82

Reynoldsville & Falls Creek RR. (717). . . 508
Rhode Island and Massachusetts RR. (in

Mass.) 814

Rhode Island and Massachusetts RR. (in

R, I.) 814

Rhode Island, Map of Bet. pp. 48 and 49

Richmond and Danville RR. (Map) (718)

516, 1162

Richmond and Mecklenburgh RR 529

Richmond and Petershurgh RR. (34)... . 538
Richmond and West Point Terminal Ry.

and Warehouse Co. . . : 508, 1162

Richmond City and Seven Pines Ry 930

Richmond, Fredericksburg and Potomac

RR. (720) 539-

Richmond, Fred, and Poto. and Rich, and

Petersburgh Connecting RR 540

Richmond, Nicholasville, Irvine and

Beatty ville RR, (721) 541

Richmond, York River & Chesapeake RR. .V.M

Ridge Avenue Passenger Ry 1171

Ridgeway and Clearfield RR ... >»'»-J

Rio Grande RR. (722) 542

DOMINICK & DICKERfflAN

W. G. DOMINICK,
W. B. DICKERMAN,
B. DOMINICK.

Three members

of N. Y. Stock

Exchange.

GENERAL INDEX.

75

Rio (u-amle and Eagle Pass lly. (723). .. 541

Rio U rande Junction Ry. (724) 930

Rio Grande Southern RR. (725). . . .542, 1162
Rio Grande Western Ry., Tbe(726).543, 1162
Ripley and Mill Creek Valley RR. (727). 931

River Front RR 862

Roanoke and Southern RR 544, 1162

Roanoke and Tar Ri\rer RR 576

Roanoke Machine Works 826

Rochester and Genesee Valley RR 427

Rochester and Glen Haven RR. (728) 545

Rochester and Honeoye Valley RR 327

Rochester and Lake Ontario RR. (729). . . 546

Rochester Electric Ry 1172

Rochester, Hornellsville and Lackawanua

RR. (730) 1154

Rochester Ry 1172

Rockaway Valley RR. (731) 546

Rockaway Village Street RR 1172

Rock Island and Peoria Ry. (732) 547

Rockport, Langdon and North. Ry. (733). 547

Rockport RR. (734) 931

Rockville RR 814

Rockville Extension 229

Rock wood and Tenn. River Ry. (735). . . 548
Rocky Hill RR. (and Transportation Co.). 862

Rogue River Valley Ry. (736) 548

Rome RR. (737) ' 549

Rome (Street) RR 1172

Rome and Clinton RR 437

Rome, Watertown & Ogdensb. RR 411

Roselle and South Plainfield Ry 327

Roswell RR 532

Ruby Hill RR 549

Rumford Falls and Buckfield RR 549

Rupert and Bloomsburg RR 918

Rutland RR 108

Rutland and Whitehall RR. . . 198

8

Sabine and East Texas Ry. (814) —

Saginaw and Grand Rapids RR 932

Saginaw and Western RR 732

Saginaw Bay and Northwestern RR 782

Saginaw, Tuscola and Huron RR. (738) . 550

Saginaw Valley and Lake Huron RR.(739) —

Saginaw Valley and St. Louis RR. (740). 932

St. Augustine and Palatka Ry 298

PAGE

St. Augustine and South Beach RR. (741) 933
St. Catharine & Niagara Central RR. (742)1100

St. Clair Inclined Plane Co 1174

St. Clairsville and Northern Ry. (743).. . 551

St. Cloud Sugar Belt Ry. (744) 551

St. Croix and Penobscot RR. (745) 552

St. John and Eastern RR. (746)

St. John and Maine Ry 1069

St. John Bridge and Ry. Ext. Co 1100

St. John's Ry 298

St. John's and Halifax River RR 298

St. John's and Lake Eustis Ry 240

St.Johnsbury& Lake Champlain RR.(747) 552
St. Joseph and Grand Island RR. (748). .1012
St. Joseph, St. Louis and Santa Fe RR. . 12

St. Joseph Terminal RR. Co. (749) 1019

St. Joseph Union Depot Co. (750).. .553, 1020

St. Joseph Valley Ry. (75 1) 1048

St. Lawrence and Ottawa Ry 1068

St. Louis, Alton & Springfield RR. (752). 554
St. Louis, Alton & Terre Haute RR. (753) 933

St. Louis and Cairo RR 378

St. Louis and Eastern Ry. (754) 554

St. Louis and Hannibal RR. (755) 936

St. Louis and Miss. Vy. Transp. Co 1020

St. Louis and Peoria RR 1162

St. Louis and San Francisco Ry. (756). . . 28

St. Louis and Suburban Ry. (758) —

St. Louis Bridge Company 1135

St. Louis, Cape Girardeau & Fr. Smith Ry.

(759) 93T

St. Louis, Council Bluffs and Omaha RR. 627
St. Louis, Iron Mountain and Southern

RR. ' (Map) (555) 796, 807

St. Louis, Kansas and Southwestern RR. 33
St. Louis, Kansas City & Colorado RR.(760) 25
St. Louis, Keunet& Southern RR. (761). . 940
St. Louis, Keokuk & Northw'n RR. (762)

555, 939, 1163
St. Louis Merchants' Bridge Terminal Ry.

(763) -
St. Louis, Richibucto and Buctouche Ry.1090

St. Louis, Salem and Arkansas Ry 38

St. Louis Southern RR 936

St. Louis Southwestern Ry. (Map) (757)

556. 1163
St. Louis South west'n lly. of Texas (JJap)

(757) 559
St. Louis Transfer RR. (764) 560

Bankers and Brokers,

74 Broadway,
New York.

BRANCHES :
348 Broadway, New York.
117 .Monroe St., Chicaeo.
150 Walnut St., Cincinnati.

76

GENERAL INDEX.

St. Louis, Y and ali a and Terre Haute RR.

(879) 560, 1163

St. Paul and Duluth RR. (766) 562, 1163

St. Paul and Northern Pacific Ry. (629). . 454

St. Paul Eastern Grand Trunk Ry 787

St. Paul. Minneapolis and Manitoba Ry. . 2.~>9

St. Paul Union Depot Company (767) 566

Salina and Southwestern Ry 1013

Salisbury RR 56, 566

Salisbury and Harvey Ry. (768) 1101

San Antonio and Aransas Pass Ry. (769). 940

Sandersville and Tennille RR. (770) 567

San Diego, Cuyamaca and East'n Ry.(771) 94'2
Sandusky and Columbus, Lake Erie and

Southern RR 1162

Sandusky, Mansfield and Newark RR. . . 56

Sandy River RR. (772) 567

San Fran. & North Pacific RR.(Map) (773) 568
San Fran.,Tamalpais & Bolinas RR.461. 1162

San Pedro Coal and Coke Co 26

San Pete Valley RR. (774) 942

San Rafael and San Quentin RR 461

Santa Fe Southern Ry. (775) 570

Saratoga and St. Lawrence RR. (776) ... 570

Saratoga and Schenectady RR 198

Saratoga Electric Ry 1172

Sault Ste. Marie and Southwestern Ry. 699

Savannah and Atlantic RR 537

Savannah and Western Ry 537

Savannah. Americusand Montgomery Ry.

(Map) (777) 571

Savannah. Florida and Western Ry. (778)

572, 1163

Scandinavian Coal and Mining Co 26

Schenectady and Duanesburg RR 196

Schenectady and Mechanicsville RR 196

Schenectady Street Ry 1172

Schoharie Valley Ry. (779) 574

Schuylkill and Lehigh RR 912

Schuylkill and Lehigh Valley RR 331

Schuylkill River East Side RR 577

Schuylkill Valley RR 912

Scranton Passenger Ry 1 174

Scranton Suburban Ry 1174

Seaboard Air Line (780) —

Seaboard and Roanoke RR. (780) 574

Seaboard Ry. of Alabama (781) 943, 1163

Sea Cliff Inclined Cable Ry 1172

Seattle and Northern Ry. (782) 577

Seattle, Lake Shore and Eastern liy. (783)1049

Sea View (Elevated) RR. (784) 576

Sebasticook & MooseheadLake RR. (785) 578

Second and Third Streets RR 1174

Second Avenue (N. Y.) RR 1172

Second Avenue (Pittsburgh) Pass. Ry. . .1174
Sedalia, Warsaw and Southwestern Ry. . 807
Seneca Falls and Cayuga Lake RR. (786) 578
Seventeenth and Nineteenth (Phila.) Sts.

Passenger Ry .1174

Sevier Ry 544

Shade Creek RR. (787) , 1049

Shade Gap RR 215

Shamokin Street Ry 1174

Shamokin, Sunbury and Lewisburg RR. . 012

Shamokin Valley and Pottsville RR 831

Sharon Ry 429

Sharpsville RR. (788) 579

Sheffield and Spring Creek RR 607

Shelby RR 348

Shepaug, Litchfield and North. RR. (789) 579

Shore Line (Conn.) Ry 433

Shore Line (N. B.) Ry. (790) 1101

Short Route Railway Transfer Co. . . 943

Shreveport and Houston Ry 275

Sierra Valley and Mohawk RR. (791) 580

Silver City and Northern RR. (792) 943

Silver Lake RR. (793) 580

Silver Springs, Ocala & Gulf RR. (794).. 581

Silverton RK. (795) 582

Sinaloa and Durango RR. (796) 1120

Sinnetnahoning Valley RR. (797) 582

Sioux City and Northern Ry. (798) 583

Sioux City and Pacific RR. (Map). . . .127, 135
Sioux City, O'Neil and Western RR. (799) 944

Sioux Falls Terminal RR. (800) 583

Sioux Falls, Yankton and Southwestern

RR. (801) 944

Sixth Avenue RK 1172

Skaneateles RH. (802) 584

Slate Run RR. (803) 584

Smithsonia and Dunlap RR. (804)

Smithtown and Port Jefferson RR 339

Smyrna and Delaware Bay RK 38

Solomon RR 1013

Somerset and Cambria RK 5(!

Somerset County RR. (8O5) 586

Somerset Ry. (806) 585

Somerville Horse RR. . . .1170

DOMINICK & DICKERHAN,

W. G. DOMINICK,
W. B. DICKERMAN,
B. DOMINICK.

Three members

of N.Y. StocK

Exchange.

GENERAL INDEX.

77

:aHy. (807* •-1-"")

a Ky. Co., Limited 1120

Sonora Hy. System (Atch., Top. and S. Fe

RR.). ."...." 25

S Branch (Can. Pacific) 1067

h and North Alabama RR 349

South and North Carolina RR. (808)

S.uth Atlantic and Ohio RR. (809) 945

South Bound RR. (811) 945 j

Branch RR 56;

South Brooklyn (Street) Central RR 1172

South Brooklyn Ry. & Terminal Co. (810)
South Carolina, Map of. .Bet. pp. 208 and 209

South Carolina Pacific Ry 96

South Carolina Ry. (812) 586? 1164

South Chicago and Southern RR 895

South Dakota, Map of . . Bet. pp. 608 and 609
South Easton and Phillipsburg RR. .324, 1164

Southeast and St. Louis Ry 348

Southeastern (Can.) Ry 1102

Southern California Ry 25

Southern Central RR 331

Southern Kansas Ry. Lines 12

Southern Pacific Co. (Map) (814) 946

Southern Pacific RR. of California (814). 967
Southern Pacific RR. of Arizona (814) ... 968
Southern Pacific RR. of New Mexico (814) 968
Southern Pennsylvania Ry. & Mining Co. 715

Southfield Branch RR. (815) 589 ;

South Florida RR. (816) 589 \

South Fork RR 862

South Galveston and Gulf Shore RR 1049

South Manchester RR. (817) 590

South Park and Leadville Short Line RR. 974

South Pacific Coast Ry. (814) 969

South Side (Pittsburgh) Pass. RR 1174

Southwestern Arkansas & Indian Terri-
tory Ry 975

Southwestern (Ga.) RR 537 I

Southwest Pennsylvania Ry 862 \

Spartanburg. Union and Columbia RR . . 528 !

Spokane and Palouse Ry 454

Spokane Falls and Northern Ry. (818) . . 590

Springfield (Mass.) St. Ry 1170

Spuyten Duy vil and Port Morris RR 413 |

Stanstead, Shefford and Chambly RR 107

State Line RR 56

State Line and Indiana City Ry 896

State Line and Sullivan RR. (819) 332

PAGE

State University RR '526

Staten Island Ry 591

Staten Island Rapid Transit RR. (820) 53, 591

Statesville and Western Kit 529

Steinway and Hunter's Point RR. .... 1172

Sterling Mountain Ry. (821) 592

Stewart RR 339

Stewartstown RR. (822) 592

Still water and Mechanicsville (Street) Ry.1172

Stillwater and St. Paul RR ! . 565

Stockbridge and Pittsfield RR 273

Stony Brook RR 77

Stony Clove and Catskill Mountain RR.

(823) 593

Stony Creek RR. (824). 594

Strasburg RR. (825) —

Strasburg and Harrisonburg RR 56

Stroudsburg Passenger Ry 1174

Stuttgart and Arkansas River RR. (826). 594

Suburban Rapid Transit Co 361

Suffolk and Carolina RR. (827) 595

Suffolk Lumber Co.'s RR. (828) —

Sullivan County RR. (Vt. ) 595

Sullivan County RR. (E. & T. H. RR.). . 229

Sunbury and Lewistown Ry 862

Sunbury and Northumberland (St.) Ry. . .1174
Sunbury, Hazleton and Wilkesbarre Ry. 862

Suncook Valley RR 183

Suncook Valley Extension 181

Surry, Sussex & Southampton RR. (829). 596
Suspension Bridge and Erie Junction RR. 427

Susquehanna and Clearfield RR 862

Sussex RR 975

Suwannee River Ry. (830) 597

Sylvania RR. (831) 975

Syracuse and Baldwinsville RR. (832). . . 597

Syracuse and Ouondaga Street Ry 1172

Syracuse, Binghamton and New York RR.

(247) 976

Syracuse Consolidated Street Ry 1172

Syracuse, East Wareham Heights and

DeWitt Street RR 1172

Syracuse, Geneva and Corning Ry. (304) 598
Syracuse, Ontario and New York Rv. . . 413

Tabor and Northern Ry. (833) 599

Talbotton RR. (833) .599

Bankers and Brokers,

74 Broadway,
New York.

BRANCHES :
348 Broadway. New York.
117 Monroe St.. Chicago.
150 Walnut St., Cincinnati.

78

GENERAL INDEX.

Tamaqua, Hazleton & Northern RR, .909, 912

Taunton (Street) Ry 1170

Tavares and Gulf RR. (835) 600

Taylor's Falls and Lake Superior RR . . . 565

Temiscamingue Ry 1067

Temiscouata Ry. (836) 1103

Tennessee Central RR. (837) 600

Tennessee, Map of Bet. pp. 408 and 409

Tennessee Midland Ry. (838) 600, 1164

Tennessee River, Ashville and Coosa RR.

(839) 601

Terminal Railroad Association of St. '

Louis (840) 1134

Terre Haute and Indianapolis HR. (879). 977
Terre Haute and Logansport RR. (879).. 979

Terre Haute and Peoria RR. (842) 602

Texarkana and Fort Smith RR. (843). . . 603
Texarkana and Shreveport RR. (844). . . 976

Texas and New Orleans RR. (814) 966

Texas and Pacific Ry . (845) 980

Texas Central Ry. (846) 603, 1164

Texas, Map of Bet. pp. 384 and 385

Texas Mexican Ry 1115

Texas, Sabine Valley and Northwestern

Ry. (847) 603, 1164

Texas Transportation Ry. (848) 604

Texas Trunk RR. (849) 605

Texas Western (N. G.) Ry. (850) 605

The Keokuk and Hamilton Bridge Co. . 315

The Mary Lee Coal and Ry. Co 364

The Mexican International RR 1121

The Missouri Pacific Ry 796

The Montreal Bridge Co 1104

The North American Company 1127 !

The Rio Grand Western Ry 543

The Union Depot and RR. Co. (Denver).

617, 1020

Third Ave. (New York, N. Y.) RR 1172

Thirteenth and Fifteenth Streets (Phila.)

Passenger Ry 1174

Thousand Islands Ry. (449) 1104

Tilton and Belmont RR 183

Tinctic Iron Co 1020

Tioga RR. (614) 605

Tionesta Valley RR. (851) 607

Tipton RR 862 j

Titusville, Cambridge and Lake Erie RR.

(853) 607

Tobique Valley Ry... 1067

Toledo and Ohio Central Ry. (854). 608, 1165
Toledo and Ohio Central Extension Ry.

(855) 985-

Toledo and South Haven Ry. (856). .... 986
Toledo, Ann Arbor and North Michigan

Ry. (Map) (857) 982

Toledo Belt Ry 642

Toledo, Canada Southern and Detroit Ry. 783
Toledo, Columbus and Cincinnati Ry.

(858) 610, 1165

Toledo, Peoria and Western Ry. (859). . 611
Toledo, Sagi naw and Muskegon Ry. (860) 987
Toledo, St. Louis and Kansas City RR.

(Map) (861) 988

Toledo, Walhonding Valley and Ohio RR. 896

Toronto, Grey and Bruce Ry 1068

Tower and Soudan RR, (862)

Traverse City RR. 897

Tresckow RR 678

Trinidad Coal and Coking Co 26

Trout Run RR . (863) 612

Troy and Bennington RR 237

Troy and Cohoes Street RR 1172

Troy and Greeubush RR 413

Troy and Lansingburgh Street RR 1172

Troy and Tiptonville RR. (864) 612

Troy. City Street RR 1172

Troy Hill Incline Plane and Bridge Co.. .1174

Troy Hill Passenger Ry 1174

Troy Union RR. and Depot Co. (865).. . . 614

Tuckerton RR. (866) 613

Tucson, Globe and Northern RR. (867). 613

Tunnel RR. of St. Louis 1135

Tunnelton, Kingwood and Fairchance

RR. (868) 614

Turtle Creek Valley RR 863

Tuskegee RR. (869) 615

Twenty-second Street and Allegheny

Ave. Street RR 1174

Twenty-third Street Ry 1172

Tyler and Southeastern Ry. (Map) (757). 560
Tyroii and Clearfield Ry 863

Ulster and Delaware RR. (870) 615

Ultima Thule, Arkadelphia and Missis-
sippi Ry. (871) 990

Union RR. . ..1021

DOMINICK & DICKERMAN,

W. G. DOMINICK,
W. B. DICKERMAN,
B DOMINICK.

of N. Y. StocK
Exchange.

79

80

C. H. WHITE & CO.,

BANKERS,

NEW YORK, 72 and 74 BROADWAY.

TACOMA, WASHINGTON, Merchants' National Bank Building.

State, Municipal and School Bonds

A SPECIALTY.

MUNICIPAL WARRANTS PURCHASED.

WE SOLICIT CORRESPONDENCE FROM

MUNICIPAL OFFICERS HAVING

LOANS TO NEGOTIATE.

Bonds of Dividend Paying Railroads
Bought and Sold.

Send for list of the best investment bonds offered
in the market netting from 4 to 6%.

GENERAL INDEX.

81

Union Depot Co. of Kansas City, Mo.

(872) 616, 1020

Union I>epot Co. of Spokane Falls 1020

Union Depot and KR. Co. (Denver, Col.)

(873) 617, 1020

Union Elevator Co. of Omaha 1020

Union Freight RR. (874) 617

Union Pacific, Central Branch 1016

Union Pacific, Denver and Gulf Ry 1013

Union Pacific, Lincoln and Colorado Ry.1015

Union Pacific Ry. (Map) (875) 990

Union Pacific System (Map} (875) 1000

Union Point and White Plains RR. (876;

•252. 1165

Jnion (Chester) RR 1174

'nion (Erie) RR 427

Tuion (Philadelphia) Passenger Ry 1174

fnion (New Bedford) Street Ry 1170

'nion Terminal RR 636, 1165

'nion Transportation Co 476

Jniontown RR 1174

'nited X. J. RR. and Canal Co's (660). . 863

Jmted States and Cnnada RR 618

Jpper Coos RR 359

Upson County RR 1021

Ur?ina and North Fork Ry. (877) 618

Utah Lime and Cement Co 1020

Utah, Map of Bet. pp. 544 and 545

Utica and Black River RR 413

Utica and Mohawk RR 1172

Utica Belt Line Street RR 1172

Utica, Chenango & Susquehanna Val. RR. 727
Utica, Clinton and Binghamtou RR 437

Valley (D., L. & \V.) RR. . . 727

Valley (Ohio) Ry. (878) '. 619

Valley (Virginia) RR 620

Van Brunt Street and Erie Basin RR 1172

Vandalia Line (879) —

Velasco Terminal Ry. , 880) —

Verdigris Valley, Independence and

Western Ry 80(5

Vermont and Massachusetts RR 237

Vermont. Map of. . .Preceding page 1 of Text
Vermont Valley RR, Co. of 1871 (881) . . 620
Vernon, Greeusburg and Rushville RR. .1050
Vernon, Hope and Greensburg RR 170

Vicksburg, Shreveport and Pacific RR.

(708) ;..' G21, 1165

Victoria and Western RR. (882) —

! Vincentown Branch RR 865

Virginia and Tnickee RR. (883) 622

Virginia Company 826

Virginia Midland Ry 529

Visalia Ry. (885) 1021

i Visalia and Tulare RR. (884) 623

i Wabash RR. (886) 624. 1165

i Wabash, Chester and Western RR. t887) 623

Wadena and Park Rapids 1165

Wadley and Mt. Vernon RR. (888 \ 627

Wallkill Valley RR. (889) 628

Ware River RR 1165

Warren RR 727

Warren and Farnsworth RR. (890) 1022

Warrenton RR. (891) 1050

Washington and Idaho RR 1012

Washington Branch (B. & 0.) RR 57

Washington City and Point Lookout

RR. (892) 57,1022

Washington County RR 57

Washington Electric RR 1 174

Washington, Map of Bet. pp. 944 and 94-5

Washington, Ohio and Western RR 526

Washington Southern Ry. (Va) 628

Washington South. Ry. (Wash.) (893). . .1022

Watchuug Ry 1050

Waterford and Cohoes (Street) RR 1172

Waterloo and Magog Ry. (895) —

Watertown Street Ry 1 1 72

Watertown A: Lake Kampeska RR. (894) 629

Watertown and Waterbury RR 434

Watervliet Turnpike and Street RR 1172

Waverly and State Line Ry 332

Waynesburg and Canton RR 169

Wayuesburg and Washington «RR. (896). 898
Weatherford, Mineral Wells and North-
western (897) 629, 1165

Webster City & Southwestern RR 190

Wellington, Grey and Bruce Ry 1084

Wellsville, Bolivar and Eld red RR 83

VVellsville, Coudersport and Pine Creek

RR. (898) 630

West Amesbury Branch RR 78

Bankers and Brokers,

74 Broadway,
New York.

BRANCHES :
34S Broadway. New York.
117 Monroe St.. Chicago.
150 Walnut St., Cincinnati.

82

GENERAL INDEX.

West Cheater RR 865

West Chester Street RR 1174

West End (Boston) (Street) Ry 1170

West End (Lancaster) Pass. Ry 1174

West Jersey RR. (904) 1023

West Jersey and Atlantic RR 1026

West Philadelphia Passenger Ry 1174

West Shore RR. (612) 413

West Shore and Ontario Terminal Co. of

New York and New Jersey 414

West Side Connecting Ry 327

West Side (Binghamton) Street RR 1172

West Side (Buffalo) Ry 1172

West Stockbridge RR 273

West Virginia, Map of. ..Bet. pp. 208 and 209
West Virginia Central and Pi tts.Ry. (906) 637

Western and Atlantic RR 390

Western Ry. of Alabama (902) . .534, 631

Western Ry. of Florida (903). 1023

Western Counties Ry. (899) 1105

Western Maryland RR. (900) 632, 1165

Western New York and Pennsylvania

RR. (901) 634, 1165

Western North Carolina RR 531

Western Pennsylvania RR 865

Western Union Telegraph Co 1136

West Virginia and Pittsburgh RR. (905).53, 58

Wharton Valley Ry 437

Wheeling and Elm Grove RR. (907) 639

Wheeling and Lake Erie Ry. ( Map) (908)

639, 1165

Wheeling Bridge and Terminal Ry. (909) -
Wheeling, Pittsburgh & Baltimore RR. . 57
White and Black River Valley Ry. (910). 642

Whitefield and Jefferson RR 583

Whitinsville Street Ry 1170

Whitman Street Ry 1170

Wichita and Southwestern Ry 12

Wichita and Western Ry. (911) 643

Wichita Valley Ry. (91 2) 643

Wiggins Ferry Co. (913) 1026

Wilcox RR 865

Wilkesbarre and Harvey's Lake RR 332

Wilkesbarre and Kingston Pass. Ry 1174

Wilkesbarre and Scran ton Ry 678

Wilkesbarre & Suburban Street Ry 1174

Wilkesbarre and Western Ry. (914) 644

Wilkinsburg and East Liberty Ry 1174

Wilkinsburg Street RR. Co 1174

Williamsport and No. Branch RR. (915). 644

Williamsport Passenger Ry 1174

Williams ville, Greenville and Northeast-
ern Ry. (916) 1027

PAGE

Willmar and Sioux Falls Ry 262

Wilmington & Noithern RR. (917).. 645, 1166

Wilmington and Weldon RR. (34) 646

Wilm., Chadbourn & Conway Ry. (34). .1051
Wilrn., Columbia and Augusta RR. (34). 648
Wilm., Onslow and E. Carolina Ry. (920) 649

Wilmington Sea Coast RR. (918) 1027

Wilson and Summerton (34) —

Wilton RR 78

Winchester and Potomac RR 57

Winchester and Strasburg RR 57

Wind Gap and Delaware RR 326

Windsor and Annapolis Ry. (921) 1105

Windsor Branch RR 1106

Winifrede RR. (922) 650

Winnipeg and Hudson Bay RR 1106

Winnisimmet Street Ry 1170

Winona and Southwestern Ry. (923) 650

Winona Bridge Ry 1166

Wisconsin Central Company 456, 1166

Wisconsin Central Lines (924) 456

Wisconsin Central RR 459, 1166

Wisconsin Midland RR. (925) 651

Wisconsin, Map of Bet. pp. 176 and 177

Wisconsin, Minnesota and Pacific Ry 651

Wolfeborough RR 78

Wood River Branch RR. (926) 652

Woodstock RR. (927) 653

Woonsocket and Pascoag 814

Worcester and Shrewsbury (928) 1028

Worcester Consolidated Ry 1170

Worcester, Leicester and Spencer St. Ry.1170
Worcester, Nashua and Rochester RR. . . 78

Woronoco Street Ry 1170

Wrightsville and Tennille RR. (929). 534, 653

Wyoming Central Ry. .... 135

Wyoming, Map. of Bet. pp. 448 and 449

Yadkin RR 517, r>:)2

Yonkers (Street) Ry 1172

York Harbor and Beach RR. (930) 654

York Street Ry 1174

Youghiogheny RR. (931)

Youghiogheny Northern RR 1166

Youngstown and Austintown Ry 429

Zanesville and Ohio River Ry. (932) 655

Zealand Valley RR. (933) 183, 1028

83

INCREASED SPEED

FOR

locomotives and Steamboats.

GREAT SAVING IN FUEL.

own and oper-

ite" 394" in West-
ern and Northwestern
States. Average eva-
sion of water 117
its use H '4 IDs. of
water per pound, of
coal.

" 394 "increases
Horse-power of Boil-
ers, prevents escape of
smoke liy more perfect
comtinstion. Effects i
net econom7 of 10 to
20 per cent, in coal
consumption.

NOTE. — Coal untreated evaporates 7% pounds of water per
pound of coal.

No Alteration in Plant Needed

KEEPS FLUES CLEAN. NO ILL EFFECTS ON IRON OR STEEL

CORRESPONDENCE INVITED.

Northwestern Land and Coal Company,

GENERAL OFFICES, AMES BUILDING, BOSTON, MASS.

Branches in leading Western and Northwestern Cities.

N. B. — Investors can learn an excellent opportunity for safe and profit-
able investment by applying to the above address.

84

— ESTABLISHED 1853. :• •: INCORPORATED 1873. :•

Bass Foundry and Machine Works,

Manufacturers of

CAR WHEELS AND AXLES

For Standard and Narrow Gauge Railroads,

RAILROAD CASTINGS and FORCINGS,

Corliss Engines, Boilers,
MILL AND HEAVY MACHINERY,

FORT WAYNE, IND.

J. H. BASS, Pres't.
J. I. WHITE, Sec'y.
R. J. FISHER, Treas.

85

MANUFACTURER OF

-

Car, Enginejenderjruck and Driving Wheels

Cylinders, Railroad and General Castings,

Office, 97 Dearborn Street. (~*TTT /"* A f~^ (~\ TT T

Works, near C., R. I. & P. JR. K. Shops. V^XjLJ. WJ^-VT \J ,, JLJLjLj.

A. WALLACE, Supt.

J. H. BASS, Pre&t., Fort Wayue, Ind.
J. I. WHITK. Vice-President.

E. \V. GREEN-, Sttfy,
J. M. DUTKO. Treas.

ST. LOUIS CAR WHEEL COMPANY,

MANUFACTrKEKS OP AT.I. KINDS Of

Chilled Wheels and Castings,

General Office and Works :

CABANNE STREET AND Mo.

PAC. Rv.

City Office :
6O7 AND 6O3 BANK OF COMMERCE BUILDING,

BROADWAY AND OLIVE STREETS
ST. LOtJlS, MO.

8(5

WELLS FARGO & CD'S EXPRESS.

THE ONLY

THXfcOtTOH BONDED ^EXPRESS LINE

Between the Atlantic and the Pacific.

OPERATING EXCLUSIVELY.

The New York, Lake Erie & Western; Chicago, Santa F€ & California;

Atchison, Topeka & Santa Fe ; Burlington & Missouri River ;

Gulf, Colorado & Santa Fe ; Southern, Pacific ; Central

Pacific, and other Great Railroad Systems.

DIRECT EXPRESS LINES BETWEEN

NEW YORK, BOSTON, ROCHESTER, BUFFALO, CLEVELAND, TOLEDO,

CINCINNATI, CHICAGO, MILWAUKEE, ST. PAUL, MINNEAPOLIS,

ST. LOUIS, NEW ORLEANS, CALVESTON, HOUSTON,

KANSAS CITY, OMAHA, DENVER, SAN FRANCISCO,

LOS ANGELES, PORTLAND (Oregon), CITY OF

MEXICO, VERA CRUZ,
.AJXr> INTERMEDIATES POINTS.

Lowest Rates, Fastest Time, Absolute Security ana
Undivided Responsibility.

The safest^ quickest, and best medium for the transmission
of JMLoney, Jewelry, Valuables and Merchandise.

MONEY TRANSFERRED BY TELEGRAPH.

Money Orders sold, payable at over 15,000 points in the United

States and Canada.

WELLS FARGO & GO'S FOREIGN EXPRESS,

FORWARDERS TO ALL PARTS OF THE WORLD.

Agencies in the Principal Cities of Europe. Operating upon the best and

fastest Ocean Steamers.

AGENCIES.

BOSTON It. H. W. Dwlirlit. General Agent G7 Franklin Street, corner Arch.

BUFFALO II. Stoeker, Agent 214 Main Street.

CHICAGO Anson Gorton, General Aaent 154 and 1 56 Dearborn Street.

CINCINNATI T. P. Karl, Agent 08 West Fourth Street.

CLEVELAND M. W. Harvey, Agent 21OHank Street.

DENVKR J. L. Stubbs, Agent 1762 1 arimrr Street, corner 18th.

GALVESTON C. F. Kaiturd, Agent Tremont and Slr»nd 'Streets.

KANSAS CITY C. It. Teas, General Agent Fifth and Delaware Street*.

LOS ANGELES S. A. Kutler, Agent Corner Main and Arcadia Streets.

NEW ORLEANS C. A. Purdue, Agent 1 8 and 'JO Union Street.

HEW YORK E. A. Stedntan, General Aireiit iS Broadway.

OMAHA, NEB W. P, Brennan, General Agent 1 1 02 Farnh'am Street.

PORTLAND Kuttene Hhelb.v, A tent First und A Street.

ROCHESTER. N. V J. P. Henry. Agent 51 State Street.

SAN FRANCISCO II. W. Titus, General Agent New Montgomery and Mission si reels.

ST. LOUIS II. F. Itood, Agent. Broadway :ni<1 LoCMl Streets.

TOLEDO, O C. M. Hayden, Agent 306 Summit Street.

CITY OF MEXICO ... J. M. Seihert, General Agent r.Nuuiiia Arenida Onmte 1 j Calle Norte 8.

GUADALAJARA. TlKXUO W.I. Koeh.

SAN I.L'IS I'OTOS', MEXICO G. d. 1 Rio.

TAMPICO, MEXICO-

ANTWERP Von der Becke & MiTslly.

Bit KM EN ll"lnrleh Becker «!» I.ai>irenstra»t>e.

CAIRO .....II. C.Crnzter.

CHRISTIANA J. Meiniih A Son.

COLON S. PiiUrk.

HAMBURG J. R. McDonald & Co 39 AdmiraldtaUtrasss.

HAVRE Kane & Co !> Hue de la Bourse.

LBIPBIC K. Kuhlmnnn.

LIVERPOOL Itobinson A Allen 20 Water Street.

LONDON Elves & Allen 99 Cannon Street.

PANAMA Henry Khrnmn.

PARIS Kane & Co 19 Rue Scribe.

_ " (Via d«l G,,mbero A and 7, ind »l« del

ROME Zuecarl&Co -j Corso No. 175 Palazzo Raggl.

VICTORIA, B. C A. A. Green Government Street.

ALPHABETICAL INDEX TO ADVERTISERS.

The Advertisements will be found in the FRONT of the Book, and on the backs of Maps, interspersed through
the volume ; also in the back of the book, in the part called POOR'S DIRECTORY OP RAILWAY OFFICIALS, that
is, facing Lists of Railway Officials, etc. In each case the location is specified in connection with the paging,
front being designated by that word, and advertisements in POOR'S DIRECTORY OF RAILWAY OFFICIAL?
being designated " back." Advertisements on backs of maps are designated as facing a particular page of
the "Text."

PAGE. PAGE.

FRONT. A BACK.

5 Abeudroth & Root Manufacturing Co Xew York, X. Y. —

— Acme Machinery Co Cleveland, O. 152

./Etna Iron and Steel Co * Bridgeport, 0. 82

Albro, TheE. D., Co Cincinnati, O. 58

Allentown Rolling Mills, The Philadelphia and Allentown, Pa. 196

Opp. 1 Allison Manufacturing Co., The Philadelphia, Pa. —

12 American Air Brake Co St. Louis, Mo. —

Back of Title Page American Bank Note Co Xew York, X. Y.

Inside Front Cover American Casualty Insurance and Security Co. of Baltimore City, Md. —

— American Fluoride Co Xew York, X. Y. 50

— American Xut Lock Co St. Louis, Mo. 44

American Railway Supply Co Xew York, X. Y. 183

— American Washer and Manufacturing Co Newark, X. J. 112

— Andrews, D. H. (Boston Bridge Works) Boston, Mass. 196

B

Baker, William C Xew York, X. Y. 36

49 Baldwin Locom. Works (Burnham, Williams & Co.) Philadelphia, Pa. —

22 Bank of Montreal Montreal, Can.

24 Baring Bros. & Co London, Eng.

24 Baring, Magoun & Co Xew York, X. Y. —

— Barney & Smith Manufacturing Co Dayton, O. 207

— Barr Electric Manufacturing Co Xew York, X. Y. 28

— Barrows, Samuel H Xew York, X. Y. Facing Page 97 of Text.

84 Bass Foundry and Machine Works Fort Wayne, Ind. —

85 Bass, J. H Chicago, 111.

Inside Front Cover Beecher, Schenck & Co Xew York, X. Y. —

Belleville Copper Rolling Mills Belleville, X. J. 180

33 Belrnont, August & Co Xew York, X. Y. —

— Beinent, Miles & Co Philadelphia, Pa. 210

Bentel & Margedaut Co., The Hamilton, O. 162

Berry & Orton Co Philadelphia, Pa. 212

Besly, Charles H. & Co Chicago, 111. 147

Bethlehem Iron Co., The South Bethlehem, Pa. 191

88 INDEX TO ADVERTISERS.

PAGE, PA<;Er

FRONT. BACK.

Billings & Spencer Co., The Hartford, Conn. 142

Billmeyer & Small Co York, Pa. 204

104 Bogue & Mills Manufacturing Co Chicago, 111. —

Boies Steel Whet- 1 Co Scranton, Pa. 8

36 Borg, Simon & Co New York, N. Y. —

Boston Bridge Works (D. H. Andrews) Boston, Mass. 196

— Bowler & Co Cleveland, 0. 197

Boynton Bicycle Railroad Co New York, N. Y. 50

23 Branch, C. W. & Co Richmond, Va.

23 Branch, Thomas & Co Richmond, Va. —

Bridgeport Brass Co Bridgeport, Conn. 226

— Bridgeport Machine Tool Works Bridgeport, Conn. 2

Brill. J. G., Co. (Philadelphia Car Works) Philadelphia, Pa. 225

Brooks Locomotive Works . , Dunkirk, N. Y. 220

— Brooks, Shoobridge & Co New York, N. Y. 14

4S Brown, A'exander & Sons Baltimore, Md.

48 Brown Bros. & Co New York, N. Y.

48 Brown, Shipley & Co London, England.

Brown & Sliarpe Manufacturing Co Providence, R. I. 4

Brownell Car Co .* St. Louis, Mo. 224

4 Bucyrus Steam Shovel and Dredge Co Bucyrus, O.

102 Buda Foundry and Manufacturing Co Harvey, Cook Co., 111.

Buffalo Car Manufacturing Co Buffalo, N. Y. 8

Buffalo Car Wheel Works Buffalo, N. Y. 8

— Buffalo Seal and Press Co Buffalo, N. Y. 22

Bullock, M. C., Manufacturing Co Chicago, 111. 172

Burlington Woolen Co New York and Boston. 172

49 Burnham, Williams & Co. (Baldwin Loco. Works) Philadelphia, Pa.

— By ram & Co Detroit, Mich. 58

C

Cambria Iron Co Philadelphia and Johnstown, Pa. 193

— Canda Cattle Car Co New York, N. Y. 202

— Carlisle Manufacturing Co Carlisle, Pa. 114

14 Carnegie Steel Co., The, Limited Pittsburgh, Pa. 192

42 Central Trust Co New York, N. Y.

— Champion Blower and Forge Co Lancaster, Pa. 86

17 Chester Steel Castings Co Philadelphia, Pa.

— Chicago Screw Co Chicago, 111. 50

Clayton Air Compressor Works New York, N. Y. 76

— Cleveland Foundry Cleveland, O. 197

Coal Trade Journal New York, N. Y. 60

— Coe Brass Manufacturing Co., The Torrington, Conn. 181

34 Coffin & Stanton New York, N. Y.

Colorado Coal and Iron Co Pueblo and Denver, Col. 188

_ Colville, David & Sons New York,Nl Y. 190

;j9 Continental Trust Co New York, N . Y.

Continuous Hail Joint Co. of America Newark, N. J. 82

Cooke Locomotive and Machine Works, The. . . .New York, and Paterson, N. J. 219

— Cooper, Hewitt & Co New York, N. Y. 227

— Cooper, Theodore New York, N. Y. 116

INDEX TO ADVERTISERS. _ 89

PAHF PAGE,

ftS. BACK.

Crescent Phosphorized Metal Co ................ . ........... Philadelphia, Pa. 32

_ Crown Smelting Co ................. ........................ Chester, Pa. 114

31 Cuyler, Morgan & Co ...................................... New York. X. Y.

D

Davenport & Fairbairn. . .......................................... Erie, Pa. 201

35 Davis, John H. & Co ......................... .............. New York, N. Y. —

DAY — Thos. C. & Co., Indianapolis, Ind. The advertisement of this firm is on the hack
of map of Indiana and Illinois, facing page 144 of text — not page 145, as indexed.

11 Delaware Car Works .................................... vvumington, ue\. —

Deusmore Typewriter Co ........ .............. ....... New York, N. Y. 53

Dickson Manufacturing Co ..................................... Scranton. Pa. 218

Dixon Crucible Co., Joseph .............................. Jersey City, N. J. 50

Foot Notes in General Index Dominick & Dickermann .............. New York, N. Y. —

— Donaldson Iron Co ................................... Emaus, Lehigh Co., Pa. 14

— Douglas, George B ........................................ New York, X. Y. 190

70 Drexel & Co .......................................... ____ Philadelphia, Pa.

70 Drexel, Harj^s & Co ...................................... Paris, France. —

70 Drexel, Morgan & Co ...................................... New York, N. Y.

Dudgeon, R .............................................. New York, N. Y. 1 54

E

13 Earnes Vacuum Brake Co ................................ New York, N. Y.

Eclipse Lubricating Oil Co ................................... Franklin, Pa. 185

Egan Co., The ____ ............................................ Cincinnati, O. 164

Electric Secret Service Co ................................. New York, N. Y. 140

Elliot Frog and Switch Co ................................ East St. Louis, 111. 222

Elliott Car Co ................................................. Gadsden, Ala. 10

Ensign Manufacturing Co .......... New York, N. Y., and Huntington, W. Va. 202

Eno Rail Joint Co ........................................... Newark, N. J. 82

Eppinger & Russell ...................................... New York, N, Y. 20

Erie Car Works, Limited .......................................... Erie, Pa. 201

Eureka Nut Lock Co ........................................ Pittsburgh, Pa. 44

Ewald Iron Co ............................................... St. Louis, Mo. 40

F

44 Farmers' Loan and Trust Co New York, N. Y.

4 Farrell Foundry and Machine Co Aasonia, Conn. —

Fay, J. A. & Co Cincinnati, O. 211

— Ferracute Machine Co Bridgeton. N. J. 150<

18 Fidelity and Casualty Co. of New York New York, N. Y. —

Field, Wm. P Newark, N. J. lid

25 First National Bank Baltimore, Md, —

First National Bank Little Rock, Ark. Fftcing Pa9e 321 °f Text-

28 First National Bank Milwaukee, Wis. —

Fisher Rail Joint Works Trenton, N. J. 80

24 Fisher & Shaw Baltimore, Md.

Flagg, Stanley G. & Co . . .Philadelphia, Pa.. 1$

90 INDEX TO ADVERTISERS.

PAGE, PAGE

FRONT. I3A(K.

— Forsaith Machine Co., S. C Manchester, N. H. 10

84 Fort Wayne Machine and Car Wheel Works Fort Wayne, Ind. —

26 Fourth National Bank New York, N. Y. —

21 Franklin Bank Note Co New York, N. Y. —

French, The A., Spring Co • Pittsburgh, Pa. 186

Fuller Bros. & Co New York, N. Y. 187

G

Galena Oil Works, Limited Franklin, Pa. 184

— Gardner, James T Chicago, 111. 76

— Garvin Machine Co New York, N. Y. 148

Gates Iron Works Chicago, 111. 225

106 Gerry, Alston & Co New York, N. Y. —

47 Goodwin, H. J New York, N. Y.

Gould & Eberhardt Newark, N. J. 209

— Grant Locomotive Works Chicago, 111. 221

— Greeley, E. S. & Co. The New York, N. Y. 182

— Greenleaf Turntable Manufacturing Co Indianapolis, Ind. 42

— Grotou Bridge and Manufacturing Co Groton, N. Y. 84

122 Guarantee Co. of North America New York, N. Y., and Montreal, Can. —

— Gum Elastic Roofing Co New York, N. Y. 185

H

Hall Signal Co New York, N. Y., and Chicago, III. 140

10 Harlan & Hollingsworth Co., The Wilmington, Del.

37 Harris, N. W. & Co New York and Chicago.

— Harrisburg Car Manufacturing Co Harrisburg, Pa. 204

Harvey Steel Car & Repair Works. .Chicago & Harvey, 111. Facing Page 409 of Text & 34

54 Hayes, W. J. & Sons Cleveland, O.

1 Hazard Manufacturing Co Wilkesbarre, Pa. —

Hendricks Bros New York, N. Y. 180

Hibbard, Spencer, Bartlett & Co Chicago, 111. 30

40 Holland Trust Co New York, N. Y.

— Holmes, Booth & Haydens Waterbury, Conn. 181

Homans Publishing Co New York, N. Y. 62

Insert 28i Homer Lee Bank Note Co ... New York, N. Y.

Hunt & Clapp Pittsburgh, Pa. 116

Hunt, Robert W. & Co Chicago, 111. 116

Hutchins, C. B. & Sons Detroit, Mich., and Chicago, 111. 26

— Huyett & Smith Manufacturing Co Detroit, Mich. 162

Hyde Bros, & Co. Pittsburgh, Pa. 32

— Hyde, Charles Pittsburgh, Pa. 32

I

— Illinois Steel Co Chicago, 111. 188

Inge r soil-Sergeant Drill Co New York, N. Y. 46

17 Insurance Co. of North America Philadelphia, Pa.

— International Bank Note Co New York, N. Y. Facing Page 1 of Text.

79 Iron Car Equipment Co New York, N. Y.

INDEX TO ADVERTISERS. 91

PAGE,
FKONT. BACK.

_ Iron City Tool Works Pittsburgh, Pa. 44

Iron Clad Paint Co. . Cleveland, 0. 16

J

11 Jackson & Sharp Co Wilmington. Del. —

— Jackson & Woodin Manufacturing Co Berwick, Pa. 205

— Janney & Hien Coupler Co Pittsburgh, Pa. 12

— Jeffrey Manufacturing Co Columbus, O. 54

29 Jenks, George W Minneapolis, Minn. —

15 Jessop, Wm. & Sons, Limited New York, X. Y. —

15 Jones, B. M. & Co.. Boston, Mass. —

Jones & Faile , New York. N. Y. Facing Page 865 of Text.

Jones' Sons, J. M. , Agts West Troy, N. Y. 224

106 Jonson Engineering and Foundry Co New York, N. Y. —

K

Kansas City Bolt and Nut Co Kansas City. Mo. 140

Keegaii & Halpin New York, N. Y. 22

— Kentucky National Bank Louisville. Ky . Facing Page 408 of Text.

Opposite Inside Front Cover Kidder, A. M. & Co New York. —

24 Kidder, Peabcdy & Co Boston, Mass. —

King, Arthur Middletown, Pa. 114

Kleybolte, Rudolph & Co Cincinnati, O. Facing Page 864 of Text.

36 Knauth, Nachod & Kiihne New York. N. Y. —

38 Knickerbocker Trust Co New York, N. Y. —

Krupp, Fried. (Thos. Prosser & Son) New York, N. Y. 191

L

Lacka wanna Lubricating Co Scranton, Pa. 18

Laidlaw & Dunn Co Cincinnati, O. 223

46 La Montagne, Clarke & Co New York, N. Y. —

28 Lamprecht Bros. & Co Cleveland, O.

2 Latrobe Steel Works Philadelphia, Pa. —

Lehigh Valley Car Co Stemton, Pa. 205

Lehigh Valley Creosoting Co Jersey City, N. J. 58

Leslie Bros. Manufacturing Co Paterson, N. J. 78

5 Lidgerwood Manufacturing Co New York, N. Y. —

Lima Locomotive and Machine Co Lima, O. 158

Lobdell Car Wheel Co Wilmington, Del. 198 and 199

Lockhart Iron and Steel Co Pittsburgh, Pa. 40

Lone Star Iron Co Jefferson, Tex. 38

Long & Allstatter Co Hamilton, O. 150

Lord, George W Philadelphia, Pa. 50

M

Madison Car Co Madison, 111. —

Maher & Brayton Cleveland, O. 197

7

92 INDEX TO ADVERTISERS.

PAGE, PAGE,

FKONT. BACK.

32 Maitlaud, Phelps & Co New York, N. Y.

100, 110 and 114 Males, A. S. & Co Cincinnati, O. —

— Manchester Locomotive Works Boston, Mass., and Manchester, N. H. 217

41 Manhattan Trust, Co New York, N. Y. —

— Manufacturers' Record Co Baltimore, Md. 64

— McConway & Torley Co Pittsburgh, Pa. 12

— McCormick Construction Co St. Louis, Mo. 116

— McCoy, Jos. F., Co New York, N. Y. 183

— McMulleu Woven Wire Fence Co., The Chicago, 111. 36

23 Merchants' National Bank Richmond, Va. —

30 Meredith, William T. & Co New York, N. Y.

38 Metropolitan Trust Co New York, N. Y.

8 Michigan Car Co Detroit, Mich. —

23 Middendorf , Oliver & Co Baltimore, Md.

Middletown Car Works Middletown, Pa. 114

3 Midvale Steel Co . .Philadelphia, Pa.

- Millar, Charles & Son Utica, N. Y. 14

Milieu, L. R. & Co New York, N. Y. 20

— Minerva Car Works Minerva, O. 203

— Moore Manufacturing and Foundry Co Milwaukee, Wis. 6

70 Morgan, J. S. & Co London, England. —

— Morse, Williams & Co Philadelphia, Pa, 6

34 Morton, Bliss & Co New York, N. Y.

— Mt. Vernon Car Manufacturing Co Mt. Vernon, 111. 203

— Mundy, J. S Newark, N. J. 24

N

— Nassau, James Philadelphia, Pa. 168

8 Nathan Manufacturing Co New York, N. Y. —

— National Car and Locomotive Builder New York, N. Y. 68

— National Car and Locomotive Builder (SUPPLEMENT) New York, N. Y. 70

— National Car Spring Co., The Philadelphia, Pa., and New York, N.-Y. 24

— National Electric Head Light Co Indianapolis, Ind. 221

— . National Hollow Brake Beam Co Chicago, 111. 26

112 National Lock Washer Co Newark, N. J.

National Machinery Co Tiffin, O. 208

— National Railway Publication Co New York, N. Y. 66

— New England Railway Publishing Co Boston, Mass. 60

— New Jersey Steel and Iron Co Trenton, N. J., and New York, N. Y. 227

13 New York Air-Brake Co New York, N. Y.

— New York Frog and Switch Co Hoboken, N. J. 140

27 New York Guarantee and Indemnity Co New York, N. Y.

53 New York Life Insurance Co New York, N. Y.

37 New York Phonograph Co New York, N. Y.

— Nicholson Tee Signal Co Cincinnati, 0. 183

Niles Tool Works Hamilton, O. Text 1208

16 Northampton Emery Wheel Co Leeds, Mass. —

83 Northwestern Land and Coal Co Boston, Mass. —

— Norton Door-check and Spring Co Boston, Mass. 32

16 Norton Emery Wheel Co Worcester, Mass. —

— Nubian Iron Enamel Co , Chicago, 111. 168

INDEX TO ADVERTISERS. 93

PAGE, p

7 Page, Newell & Co ............................................ Boston, Mass.

Pardee Car and Machine Work* ............................ Watsontown, Pa. 114

_ Parkinson £ Burr ............................ Boston, Mass. Facing Page 49 of Text.

— Passaic Rolling Mill Co., The ............ Paterson, N. J., and New York City. 195

Pathfinder Railway Guide .................................. Boston, Mass. 60

Pennock Bros. . . . . ............................................ Minerva, 0. 203

— Pennsylvania Lines East of Pittsburgh ____ Philadelphia, Pa. Facing Page 145 of Text.

— Pennsylvania Lines West of Pittsburgh. . . .Pittsburgh, Pa. Facing Page 145 of Text.
6 Pennsylvania Steel Co ................................... . ---- Steelton, Pa.

Insert 56^ Pettibone, Mulliken & Co ................................. Chicago, III .

— Philadelphia Car Works (J. G. Brill C.».) .................... Philadelphia, PH. 225

Phoenix Bridge Co., The .......... ~ ....................... Philadelphia, P;«. 194

— Phcenixville Bridge Works ................................. Philadelphia, Pa. 194

— Phosphor Bronze Smelting Co., Limited .................... Philadelphia, Pa. 183

Pittsburgh Cast Steel Spring Wks.(The A. French Spring Co.) ..... Pittsb'gh, Pa. 186

Pittsburgh Locomotive and Car Works ....................... Pittsburgh, PH. 216

— Pittsburgh Testing Laboratory .............................. Pittsburgh, PJI. 116

— Place, George .............................................. New York, N. Y. 4

Plume & At wood Manufacturing Co ........................ Waterbury, Conn. 179

104 Pneumatic Gate Co ............................................ Chicago, 111. —

Poage, John N ............................................. Cincinnati, O. 22

45 Poor & Greeuough ......................................... New York, N. Y. —

Portchester Bolt imd Nut Co ............................... Portchester, N. Y. 15«

Porter, H. K. & Co .............................. ........... Pittsburgh, Pa. 219

Portland Co ......... ..... .................................... Portland, Me. 220

29 Potter, Charles H. & Co ..................................... Cleveland, 0. —

Pottstowu Iron Co ........................................... Pottstown. Pa. 40

— Powell Planer Co., The ............................... ____ Worcester, Mass. 209

Prescott, F. W. & Co ...................... Boston, Mass. Facing Page 864 of Text.

47 Prince & Whitely .......................................... New York, N. Y. —

— Prcsser, Thomas & Son ...................... .............. New York, N. Y. 191

Q

— Q. and C. Company ............................................. Chicago, 111. 26

37 Quigley & Tuttle .......................................... New York, N. Y. —

R

Railway World Publishing Co ........................... Philadelphia, Pa. 74

Rand, McNally & Co ........................................... Chicago, 111. 72

Reeves, Paul S ........................................... Philadelphia, Pa. 148

Remington & Co ............................ Chicago, 111. Facing Page 864 of Text.

Reynolds, Elisha P. & Co ........ Wymore, Neb., Rock Island, 111., and Cin. , O. 116

Rhode Island Locomotive Works ......................... Provideuce, R. I. 218

— Richmond Locomotive and Machine Works .................... Richmond, Va. 215

— Robbins, John, Manufacturing Co .............................. Boston, Mass. 12

Rochester Bridge and Iron Works .......................... Rochester, N. Y. 195

Rogers Locomotive and Machine Works ...................... Paterson, N. J. 213

Ross-Meehan Brake Shoe Foundry Co ..................... Chattanooga, Tenn. 76

Rotary Snow Plow, The (Leslie Bros. Mfg. Co.) ................ Paterson, N. J. 78

Royal Insurance Co ....................................... New York, N. Y. 226

94: INDEX TO ADVEETlSEliS.

AGE,] a ]-Ar,K.

i;A(K

9 St. Charles Car Co ......................................... St. Charles, Mo.

85 St. Louis Car Wheel Co ....................................... St. Louis, Mo. —

28 St. Louis National Bank ..................................... St. Louis, Mo.

29 St. Louis Trust Co .......................................... St. Louis, Mo. —

— Sawyer, Manning & Co ................. New York, N. Y., and Boston, Mass. 172

Saxton, E .................................... ............ Washington, D. C. 84

Scaife, Win. B. & Son? ...................................... Pittsburgh, Pa. 112

Scarritt Furniture Co .................... ..................... ST. Louis, Mo. 52

— Schenectady Locomotive Works ......................... Sclienectady, N. Y. 214

Schoen Manufacturing Co ................................... Pittsburgh, Pa. 18

30 Seligman, J. and W. & Co ................................. New York, N. Y.

6 Sellers, Morris & Co ...................... _____ . ................. Chicago, 111. —

50 Sellers, William & Co. (Incorporated) ....................... Philadelphia, Pa.

Shaw, Tkomas, M. E ................... ................... Philadelphia, Pa. 48

96 Sheffield Car Co ...................................... Three River?, Mich.

1 Shiffler Bridge Co ........................................... Pittsburgh, Pa.

Shoemaker, A. T .......................................... New York, N. Y. 147

Shoenberger & Co ........................................... Pittsburgh, Pa. 112

Short Electric Eailway Co ................................ Cleveland, O. Text 1,168

— Shriver, T. & Co ........................................ New York, N. Y. 183

Signal Oil Works, Limited .................................... Franklin, Pa. 184

19 Southack, Frederick ................................. '. ..... New York, N. Y.

— Southern Malleable Iron Co .............................. Chattanooga, Tenn. 56

Spang Steel and Iron Co ..................................... Pittsburgh, Pa. 189

Springfield Iron Co .......................................... Springfield, 111. 38

Standard Car Coupling Co. .^ ......... .......................... Troy, N. Y. 48

112 Standard Nut Lock Co ........................ ............... Newark, N. J.

— Standard Stave and Cooperage Co ....... . ..................... Boston, Mass. 12

3 Standard Steel Works, The ....................... ....... Philadelphia, Pa.

40 State Trust Co ............................................. New York, N. Y.

— Sternbergh, J. H. & Son ....................................... Reading, Pa. 140

Stewart & Mattson Manufacturing Co., The ................. Philadelphia, Pa. 18

Stillwell, Millen & Co ....................................... Savannah, Ga. 20

Stow Flexible Shaft Co .................................... Philadelphia, Pa. 76

— Stuebner, G. L. & Co ................................. Long Island City, N. Y. 54

— Sweet & Clark Co. . . .Marion, Ind. 56

2 Taylor Iron and Steel Co High Bridge, N. J.

— Taylor, L. H. & Co Philadelphia, Pa. Facing Page 865 of Text.

— Tennessee Rolling Mills .Louisville, Ky. 40

— Terre Haute Car and Manufacturing Co Terre Haute, Ind. 10

Tilden, B. E., Co Chicago, 111. 84

— Toledo Foundry and Machine Works Toledo, O. 54

— Tradesmens National Bank New York, N. Y. Facing Page 97 of Text.

69 Trask, Spencer & Co New York, N. Y.

Traveler's Official Guide, The New York, N. Y. (J6

— Tredegar Co., The Richmond, Va. 10

20 Trenholm, William New York, N. Y.

— Trust Company of North America Philadelphia, Pa. Facing Page 288 of Text

INDEX TO ADVERTISERS. 95

PAGE,

KiifNT. BACK.

Tubal Smelting Works Philadelphia, Pa. 148

— Tudor Iron Works St. Louis, Mo. 187

U

— Union Akrou Cement Co Buffalo, N. Y. 14

43 United States Trust Co New York, X. Y.

— United States Trust Co. of Kansas City, Mo. Facing Page 289 of Text.

— Universal Radial Drill Co Cincinnati. 0. 4

— Upson Xut Co Cleveland, O. 156

— Utica Foundry Co Utica, X. Y. 14

— Vanderbilt & Hopkins New York, X. Y. 58

W

102 Washburn & Moen Mfg. Co ' Worcester, Mass. —

Washburn Car Wheel Co Hartford, Conn. 8

39 Washington Trust Co New York, X. Y.

Wason Manufacturing Co Springfield, Mass. 206

Weir Frog Co., The Cincinnati, O. 183

86 Wells, Fargo & Co New York. N. Y. —

Wells, F. C., Steam Pump Works Chicago, 111. 58

Wells Light New York, X. Y. 22

Insert 36£ Western Bank Xote Co Chicago, 111. —

Western Fence Co Chicago, 111. 36

12 Westiughouse Air-Brake Co., The Pittsburgh, Pa.

7 Wharton Railroad Switch Co Philadelphia, Pa. —

Whitaker & Hodgman '. .St. Louis, Mo. facing Page 289 of Text.

80 White, C. H. & Co New York, X. Y.

White, The John A., Company Dover, X. H. 142

Whitney, A. & Sons Philadelphia, Pa. 200

Whiton, A. S Xew York, X. Y. 186

Wiley & Russell Manufacturing Co Greenfield, Mass. '152

Wilson Bros. & Co Philadelphia, Pa. 223

25 Wilson, Colston & Co Baltimore, Md.

31 Wilson, R. T. & Co Xew York, X. Y.

Wood, R. D. & Co Philadelphia, Pa. 222

Wyckoff, Seamans & Benedict .Xew York, X. Y. 227

Y

Youngstown Car Manufacturing Co Youngstown, O. 10

96

Light Cars

OF ALL KINDS FOR

MINING, LOGGING, PLANTA-
TION, CONTRACTOR'S AND
RAILWAY USE.

Hand Car with all Steel Wheels.

Odometer Car

For measuring track. .More accurate than
any other method.

Automatic "Cut-Out" Switcjies.

Absolute prevention of a certain class of ex-
pensive accidents.

Rotating Water Cranes

Of latest improved forms.

Equalizing Electric Motor Trucks

FOR STREET RAILWAYS.

Shocks and Jars
of rapid speed
neutralized and
absorbed, reduc-
ing electrical re-
pairs and wear
and tear.

Automatic Railway Stand Pipe.

CORRESPONDENCE
SOLICITED.

No. 1 Velocipede Car.

SHEFFIELD CAR CO., Three Rivers, Mich

CLASSIFIED INDEX TO ADVERTISEMENTS.

For paging* see " Alpliabetieal Iiidex to Advertisers,", on preceding pages,

87 to 95, inclusive.

ACCIDENT INSURANCE Cos.

American Casualty, Insurance and Security Co. of

Baltimore Citv.

Beecher. Schenck & Co.. New York. N. Y.
Fidelity and Casualty Co., New York. N. Y.

ACCOUNTANT AND AUDITOR.

Trenholm, William, New York. N. Y.

AIR-BRAKE FITTINGS.

Flagg, Stanley G. & Co., Philadelphia, Pa.

AlR-BBAKE HOSE.
Greeley, E. S. & Co., New York, N. Y.

AIR COMPRESSORS.

Bullock. M. C., Manufacturing Co.. Chicago, 111.
Clayton Air Compressor Works. New York, N. Y.
Ingersoll-Sergeant Drill Co., New York, N. Y.

ANGLE AND TEE IRON AND STEEL.

^Etna Iron and Steel Co., Bridgeport, O.
Allentown Rolling Mills, Philadelphia, Pa.
Boston Bridge Works. Boston. Mass.
Carnegie Steel Co., Limited, The, Pittsburgh, Pa.
Colville, David & Sons. New York, N. Y.
Douglas, George B.. New York. N. Y.
Illinois Steel Co.. Chicago, 111.
New Jersey Steel and Iron Co., Trenton. N. J.
Passaic Rolling Mil! Co.. Patterson. N. J.
Pennsylvania Sreel Co.. Sreelton. Pa. ^. ^
T Sellers, Morris & Co., Chicago, 111.
Tudor Iron Works, St. Louis, Mo.

ANGLE SPLICES.

Continuous Rail Joint Co. of America. Newark. N. J.

Eno Rail Joint Co.. Newark. N. J.

Fisher Rail Joint Works. Trenton. N. J.

Sellers. Morris & Co.. Chicago. 111.

Springfield Iron Co., Springfield, 111.

Tudor Iron \Vorks, St. Louis, Mo.

ANTI-FRICTION METAL.

i Besly & Co., Charles H.. Chicago. 111.
Crescent Phosphorized Metal Co., Philadelphia. Pa.
Crown Smelting Co., Chester. Pa.
Hyde Bros. & Co., Pittsburgh, Pa.
f Phosphor Bronze Smelting Co. (Limited). Philadel-
phia, Pa.

8. & C. Company, Chicago, 111.
eeves, Paul S.. "Philadelphia. Pa.
Stewart & MattsonMfg. Co.. Philadelphia. Pa.

ANTIMONY.

Hendricks Bros., New York. N. Y.

ARCH BAR DRILLS.

Universal Radial Drill Co.. Cincinnati. O.

ARCHITECTS.

Wilson Brothers & Co.. Philadelphia, Pa.

AUTOMATIC AIR BRAKES.

American Brake Co., St. Louis, Mo.
Eames Vacuum Brake Co., New York, N. Y.
New York Air Brake Co., New York, N. Y.
Westinghouse Air Brake Co., Pittsburgh, Pa.

AUTOMATIC SWITCH STANDS.

New York Frog and Switch Co., Hoboken, N. J.
Pettibone, Mulliken & Co., Chicago. 111.

AXLES (CAR AND LOCOMOTIVE).

Allentown Rolling Mills, Philadelphia. Pa.
Allison Manufacturing Co., Philadelphia, Pa.
Bass Foundry and Machine Co.. Fort Wayne, Ind.
Bowler & Co.. Cleveland. O.

Cambria Iron Co., Philadelphia and Johnstown, Pa.
Carnegie Steel Co., Limited. The, Pittsburgh, Pa-
Cleveland Foundry. Cleveland. O.
Ensign Manufacturing Co.. Huntington, W. Va.
Latrobe Steel WorksrPhiladelphia. Pa.
Lobdell Car Wheel Co., Wilmington. Del.
Michigan Car Co., Detroit. Mich.
Midvale Steel Co.. The, Philadelphia, Pa.
Page, Newell & Co., Boston. Mass.
Pennsylvania Steel Co.. Steelton, Pa.
Pettibone. Mulliken & Co.. Chicago, 111.
Prosser. Thomas. & Son. New York. N. Y.
Rhode Island Locomotive Works. Providence. R. L
Shoemaker. A. T.. New York. N. Y.
Standard Steel Works. Philadelphia. Pa.
Taylor Iron and Steel Co.. High Bridge, N. J.
Tredegar Co., Richmond. Va.
Whitney, A. & Sons, Philadelphia, Pa.

BABBITT METALS.

Besly & Co., Charles H., Chicago. 111.
Crown Smelting Co., Chester, Pa.

BADGES (METAL EMBROIDERY).

American Railway Supply Co., New York, N. Y.
Robbins Mfg. Co., John, Bosron, Mass.

BAGGAGE CHECKS.

American Railway Supply Co., New York, N. Y.
Robbins Mfg. Co., John, Boston, Mass.

BALLAST (RAILROAD).

Farrell Fdry. and Mach. Co.. Ansonia, Ct.
Gates Iron Works, Chicago, 111.

BANKERS AND BROKERS.

Bank of Montreal, Montreal, Canada.
Baring, Magoun & Co.. New York. N. Y.
Barrows, Samuel H.. New York. N. Y.
Belmont, August & Co., New York. N. Y.
Borg. Simon & Co.. New York. N. Y.
Branch, C. W. & Co.. Richmond. Va.
Branch. Thomas & Co., Richmond. Va.
Brown Bros. & Co.. New York. N. Y.
Central Trust Co., New York. N. Y.
Cofiin & Stanton, New York, N. Y.
Continental Trust Co., New York, N. Y.
(Continuedtyn the next parje.^

98

INDEX TO ADVERTISEMENTS.

For paging* see ''Alphabetical Index to Advertisers," on preceding pugcs,

S7 to 95, inclusive.

Cuyler, Morgan & Co., New York. N. Y.

Davis, John H. & Co., New York,N. Y.

Day & Co., Thps. C., Indianapolis, Ind.

Dominick & Dickerman. New York, N. Y.

Drexel & Co., Philadelphia, Pa.

Drexel, Morgan & Co., New York, N. Y.

Farmers1 Loan & Trust Co., New York, N. Y.

First National Bank of Baltimore, Md.

First National Bank, Little Kock, Ark.

First National Bank of Milwaukee, Wis.

Fisher & Shaw, Baltimore, Md.

Fourth National Bank of New York.

Goodwin, H. J., New York.

Harris, N. W. & Co., New York and Chicago.

Hayes, W. J. & Sons, Cleveland, O., and New York.

Holland Trust Co., New York, N. Y.

Jenks, George W., Minneapolis, Minn.

Jones & Faife, New York, N. Y.

Kentucky National Bank, Louisville, Ky.

Kidder & Co., A. M., New York, N. Y.

Kidder, Peabody & Co.. Boston, Mass.

Kleybolte, Rudolph & Co., Cincinnati, O.

Knauth, Nachod & Kuhne, New York, N. Y.

Knickerbocker Trust Co.. New YOI-K, N. Y.

La Montagne, Clarke & Co., New York. N. Y.

Lamprecht Bros. & Co., Cleveland, O., and New York.

Maitland, Phelpa & Co., New York, N. Y.

Manhattan Trust Co., New York, N. Y.

Merchants' National Bank, Richmond, Va.

Meredith, William T. & Co., New York, N. Y.

Metropolitan Trust Co., New York, N. Y.

Middendorf, Oliver & Co., Baltimore, Md.

Morton, Bliss & Co., New York, N. Y.

N. Y. Guarantee & Indemnity Co., New York, N. Y.

Parkinson & Burr, Boston, Mess.

Poor & Green ongh, New York, N. Y.

Potter, Charles H. & Co.. Cleveland, O

Prescott & Co., F. W., Boston. Mass.

Prince & Whitely, New York, II. Y.

Quigley & Tuttle, New York, N. Y.

St. Louis National Bank, St. Louis, Mo.

St. Louis Trust Co., St. Louis, Mo.

Seligman, J. & W. & Co., New York, N. Y.

State Trust Co., New York, N. Y.

Taylor, L. H. & Co., Philadelphia, Pa.

Tradesmens National Bank, New York, N. Y.

Trask & Co., Spencer, New York, N. Y.

Trust Co. of North America, Philadelphia, Pa.

United States Trust Co. of Kansas City, Mo.

United States Trust Co., New York, N. Y.

Utley, Wm. R., New York, N. Y.

Washington Trust Co., New York, N. Y.

Whitakur & Hodgeman, St. Louis, Mo.

White, C. H. & Co., New York, N. Y.

Wilson, Colston &Co., Baltimore, Md.

Wilson, R. T. & Co., New York, N. Y.

BANKS.

Bank of Montreal. Montreal, Canada.
First National Bank of Baltimore, Md.
First National Bank, Little Rock, Ark,
First National Bank of Milwaukee, Wis. '
Fourth National Bank of New York, N. Y.
Kentucky National Bank, Louisville, Ky.
Merchants' National Bank, Richmond, Va.
St. Louis National Bank, St. Louis, Mo.
Tradesmens National Bank, New York, N. Y.

BARBED WIRE FENCING.

Washburn & Moen Mfg. Co., Worcester, Mass.
Western Fence Co., Chicago, 111.

BAR IRON.

Allentown Rolling Mills, Philadelphia, Pa.
Calumet Iron and Steel Co., Chicago, 111.
Cambria Iron Co., Philadelphia & Johnstown, Pa.
Carnegie Steel Co., Limited, The, Pittsburgh, Pa.
Colorado Coal and Iron Co., Pueblo, Col.
Colville & Sons. David, New York, N. Y.
Douglas, George B., New York, N. Y.
Ewa'd Iron Co., St. Louis, Mo.
Illinois Steel Co., Chicago, 111.

Page, Newell & Co., Boston, Mass.
Pottstown Iron Co., Pottstown. Pa.
Sellers, Morris & Co., Chicago, 111.
Shoemaker, A. T.. New York, N. Y.
Springfield Iron Co., Springfield, 111.
Tredegar Co., Richmond, Va.
Tudor Iron Works, St. Louis, MD.

BARRELS.

Standard Stave and Cooperage Co., Boston, Mass.

BAR STEEL.

Carnegie Steel Co., Limited, The, Pittsburgh, Pa.
Colville & Sons, David, New York, N. Y.
Douglas, George B., New York, N. Y.
Lockhart Iron and Steel Co., Pittsburgh, Pa.
Midvale Steel Co., The, Philadelphia, Pa.
Pennsylvania Steel Co., Steelton, Pa.
Shoemaker, A. T., New York, N. Y.
Shoenberger & Co., Pittsburgh, Pa.
Spang Steel and Iron Co.. Pittsburgh, Pa.
Springfield Iron Co., Springfield, 111.

BEAMS AND GIRUERS.

Allentown Rolling Mills, Philadelphia, Pa.

Boston Bridge Works, Boston, Mass.

Carnegie Steel Co., Limited, Tbe, Pittsburgh, Pa.

Illinois Steel Company, Chicago, 111.

New Jersey Steel and Iron Co., Trenton, N. J.

Passaic Rolling Mill Co., Patterson, N. J.

Rochester Bridge & Iron Works, Rochester, N. Y.

BEARINGS.

(See Car Bearing.)

BELL-CORD COUPLINGS.

American Rai
Greeley, E. S

American Railway Supply Co., New York, N. Y.

reeley, E. S. & Co., New York, N. Y.
Q. and C. Co., Chicago, 111.

BICYCLE RAILROADS.

Boynton Bicycle RR. Co., The, New York, N. Y.

BILLETS AND BLOOMS.

Bethlehem Iron Co., South Bethlehem, Pa.
Carnegie Steel Co., Limited, The, Pittsburgh, Pa.
Colorado Coal and Iron Co., Pueblo, Col.
Ewald Iron Co., St. Louis, Mo.
Illinois Steel Co., Chicago, 111.
Lockhart Iron and Steel Co., Pittsburgh, Pa.
Page, Newell & Co., Boston, Mass.
Pennsylvania Steel Co., Steelton, Pa.
Pottstown Iron Co., Pottstown, Pa.
Shoemaker, A. T., New York, N. Y.
Shoenberger & Co., Pittsburgh, Pa.
Spang Steel and Iron Co., Pittsburgh, Pa.
Springfield Iron Co., Springfield, ifi.
Tudor Iron Works, St. Louis, Mo.
Whiton, A. S., New York, N. Y.

BLASTING CARTRIDGES.

(See Explosives.)

BLOCKS — (Iron Hoisting).

McCoy & Sanders, New York, N. Y.
Steubner & Co., G. L., Long Island City, N. Y.

BLOCK SIGNAL SYSTEMS.

(See Signals.)

BLOWERS.

Huyett & Smith Mfg. Co., Detroit, Mich.

INDEX TO ADVERTISEMENTS.

99

For payings see "Alphabetical Index to Advertisers," on preceding page*,

87 to 95, Inclusive.

BOILER AND FIRE-BOX STEEL.

Colville & Sons, David, New York, N. Y.

Douglas. George B., New York, N. Y.

E \valil Iron Co., St. Louis, Mo.

Lockhart Iron and Steel Co., Pittsburgh, Pa.

I'ottsiown Iron Co., Pottstown, Pa.

Shoonberger & Co., Pittsburgh, Pa.

Spang Steel and Iron Co., Pittsburgh, Pa.

BOILER COMPOUND.

American Fluoride Co., New York. N. Y.
Besly, Chas. H. & Co., Chicago, 111.
Lord, George W., Philadelphia, Pa.

BOILER FEEDER.

Laidlaw & Dunn Co., Cincinnati, O.

Prosper. Thomas & Son, New York, N. Y.

Sellers, Wm. & Co. (Incorporated), Philadelphia, Pa.

BOILER INSURANCE.

American Casualty Insurance and Security Co. of

Baltimore City. Md.
Beecher, Schenck & Co., New York, N. Y.

BOILER PAINT.

Nubian Iron Enamel Co. (The), Chicago, 111.

BOILER AND BRIDGE PLATES.

Carnegie Steel Co., Limited, The, Pittsburgh, Pa.
Colville & Sons, David. New York, N. Y.
Douglas, George B.. New York, N. Y.
Ewald Iron Co., St. Louis, Mo.
Lockhart Iron and Steel Co., Pittsburgh, Pa.
Pottstown Iron Co., Ppttstown. Pa.
Shoenberger & Co., Pittsburgh, Pa.
Spang Steel and Iron Co., Pittsburgh, Pa.

BOILER RIVETS.

(See Rivets.)

BOILER TUBES.

Allison Mfg. Co., Philadelphia, Pa.
Flag;r, Stanley G. & Co., Philadelphia, Pa.
Greeley, E. S. & Co., New York. N. Y.
Holmes, Booth & Haydens, Waterbury, Conn.

BOILERS.

Abenriroth & Root Mfg. Co., New York.
Bass Foundry and Machine Co., Ft. Wayne, Ind.
Bullock, M. C., Mfg. Co., Chicago, 111.
Forsaith Machine Co., S. C., Manchester, N. H.
Laidlaw & Dunn Co., Cincinnati, O.
Lidgerwood Mfg. Co.. New York, N. Y.
Manchester Loco. Works. Manchester. N.H., and Bos-
ton, Mass.

Pittsburgh Loco, and Car Works. Pittsburgh. Pa.
Rhode Island Loco. Works, Providence, R. I.
Richmond Loco, and Mach. Works. Richmond. Va.

BOLT CUTTERS AND HEADERS.

Acme Machinery Co.. Cleveland, O.
National Machinery Co.. Tiffin, O.
Pratt & Whitney Co., Hartford. Conn.
Wiley & Russel Mfg. Co., Greenfield, Mass.

BOLTS AND NUTS.

Allentown Rolling Mills. Philadelphia. Pa.
Allison Manufacturing Co., Philadelphia. Pa.
Forsaith Machine Co.. S. C.. Manchester. N. II.
Fuller Bros. & Co.. New York, N. Y.
Greeley, E. S. & Co.. New York, N. Y.
Harrisbarg Car Manufacturing Co.. Harrisburg, Pa.
Hibbard. Spencer, Bartlett & Co.. Chicago. 111.
Kansas City Bolt and Nut Co.. Kansas City. Mo.
Pardee Car and Machine Works. Wat son town, Pa.
Passaic Rolling Mill Co.. Paterson. N. J.
Port Chester Bolt and Nut Co., Port Chester. N. Y.

Reading Bolt and Nut Works. Reading. Pa.

Sellers. Win. & Co. (Incorporated). Philadelphia, Pa.

Springfield Iron Co., Springfield, ill.

Sternberger & Sons. J. H., Reading, Pa.

Tudor Iron Works, St. Louis. Mo.

Upson Nut Co.. Cleveland. O.

Whiton, A. S.. New York. N. Y.

BONDS.

(See Investment Securities.)

BONDS OF SURETYSHIP.

(See Surety Bonds.)

BRAKE BEAMS.

National Hollow Brake Beam Co., Chicago, 111.

BRAKE SHOES.

Co., Philadelphia. Pa.
hoe Foundry Co., Chattanooga,

Chester Steel Castin
Ross-Meehan Brake

Tenn.
Whitney. A. & Sons, Philadelphia, Pa.

BRAKES, HR.

(See Automatic Air Brakes.)

BRASS (INGOT, SHEETS, AND BLANKS.)

(See Brass Manufacturers.)

BRASS MANUFACTURERS.

Besly & Co.. Chas. H., Chicago, 111.
Bridgeport Brass Co., Bridgeport. Ct.
Coe Brass Manufacturing Co., Tonin<rton, Ct.
Holmes, Booth & Haydens, Waterbury, Ct.
Plume & Atwood Mfg. Co., Waterbury, Ct.

BRASS PLATES, RODS, TUBING, TUBES, AND
WIRE.

(See Brass Manufacturers.)

BRIDGE BOLTS.

(See Bolts.)

BRIDGE BUILDERS.

Boston Bridge Works, Boston, Mass.

Dickson Manufacturing Co., Scranton, Pa.

Groton Bridge and Manufacturing Co., Groton, N. Y.

Illinois Steel Co., Chicasro, 111.

Males & Co., A. S.. Cincinnati, O.

New Jersey Steel and Iron Co.. Trenton, N. J.

Passaic Rolling Mill Co., Paterson, X. J.

Phoenix Bridge Co., Philadelphia, Pa.

Rochester Bridtre and Iron Works, Rochester, N. Y.

Shiftier Bridge Co., Pittsburgh, Pa.

Wilson Bros. & Co , Philadelphia, Pa.

BRIDGE BUILDERS' MACHINERY.

Bentel & Margedant Co., The, Hamilton, O.

Egan Co., The, Cincinnati, O.

Fay, J. A. & Co., Cincinnati. O.

Long & Allstatter Co., Hamilton, O.

Mnndy, J. S., Newark, N. J.

White, The Juo. A., Company, Dover, N. H.

BRIDGE GUARDS.

Tilden. B. E. Co., Chicago, 111.
Q.&C. Co., Chicago, 111.

BRIDGE PAINTS.

(See Paints.)

BRIDGE AND BUILDING TIMBERS.

Milieu, L. R. & Co.. New York, X. Y.
Stillwell. Millen & Co., Savannah, Ga.
Vanderbilt & Hopkins, New York. N. Y.

100

INDEX TO ADVERTISEMENTS.

For pagiiigs see "Alphabetical Index to Advertisers," on preceding!; pa<»«>s,

S7 to 95, inclusive.

BROKERS.

(See Bankers and Brokers.)

BUFFERS (HYDRAULIC AND FRICTION).
Shaw, Thomas, M. E., Philadelphia, Pa.

BURNERS (LAMP).

(See Lamp Burners.)

BUTTONS (UNIFORM).

American Railway Supply Co., New York, N. Y.

CABLES FOR STREET RAILROADS.

Hazard Manufacturing Co.. Wilkesbarre. Pa.
Washburn & Moon Mfg. Co., Worcester, Mass.

CALIPERS AND MICROMETERS.
Brown & Sharpe Mfg. Co., Providence. R. I.

CAR AND LOCOMOTIVE BUILDERS' MACHI-
NERY.

Acme Machinery Co., Cleveland. O.
Bement, Miles & Co., Philadelphia, Pa.
Bentel & Margedant Co., The, Hamilton, O.
Berry & Orton Co., Philadelphia, Pa.
Bridgeport Machine Tool Works, Bridgeport, Ct.
Egan Co., The, Cincinnati, O.
Fay, J. A. & Co., Cincinnati, O.
Forsaith Machine Co., S. C., Manchester, N. H.
Gould & Eberhardt, Newark, N. J.
Long & Allstatter Co., Hamilton, O.
National Machinery Co., Tiflin. O.
Niles Tool Works,~Hamilton, O.
Place, George. New York, N. Y.
Sellers & Co., William, Philadelphia, Pa.
Stow Flexible Shaft Co., Philadelphia, Pa.
White, The Jno. A., Company, Dover, N. H.

CAR AND LOCOMOTIVE REPLACING FROGS.

Tilden, B. E. Co., Chicago, 111.
Q. & C. Co., Chicago, 111.

CAR AND LOCOMOTIVE SPRINGS.

Cambria Iron Co., Philadelphia and Johnstown, Pa.
French Spring Co., The A., Pittsburgh, Pa.
National Car Spring Co., The, Phila. & New York.

CAR BEARINGS.

Chester Steel Castings Co., Philadelphia, Pa.

Crescent Phosphorized Metal Co., Philadelphia, Pa.

Crown Smelting Co., Chester, Pa.

Ensign Manufacturing Co., Huntington, W. Va.

GreeTey, E. S. & Co., New York, N. Y.

Hyde Bros. & Co., Pittsburgh, Pa.

Phosphor-Bronze Smelting Co., Philadelphia, Pa.

Q. & C. Co., Chicago, 111.

Reeves, Paul S., Philadelphia, Pa.

Sellers, Morris & Co., Chicago. 111.

Stewart & Mattson Mfg. Co., Philadelphia, Pa.

Whitney, A. & Sons, Philadelphia, Pa.

CAR BOXES.

Q. &C. Co., Chicago, 111.

Whitney, A. & Sons, Philadelphia, Pa.

i CAR- BRAKE FITTINGS.

Flagg, Stanley G. & Co., Philadelphia, Pa.

! CAR BRAKES.

(See Automatic Air Brakes.)
CAR BUILDERS.

Allison Manufacturing Co., Philadelphia, Pa.

Barney & Smith Manufacturing Co., Dayton, O,

Billmeyer & Small Co., York, Pa.

Brill, J. G. Co., Philadelphia, Pa.

Brownell Car Co., St. Louis, Mo.

Buda Foundry and Manufacturing Co., Buda. 111.

Buftalo Car Manufacturing Co., Buffalo, N. Y.

Canda Cattle Car Co., New York, N. Y.

Carlisle Manufacturing Co., Carlisle, Pa.

Dayton Car Works. Dayton, O.

Dickson Manufacturing Co Scranton, Pa.

Elliott Car Co., Gadsden, Ala.

Ensign Manufacturing Co.. Huntington, W. Va.

Erie Car Works (Limited), Erie, Pa.

Gardner, James T., Chicago, 111.

Iron Car Equipment Co., New York, N. Y.

Harlan & Hollingsworth Co., Wilmington, Del.

Harrisbnrg Car Manufacturing Co., Harrisburg. Pa.

Harvey Steel Car and Repair Works, Chicago, 111.

Jackson & Sharp Co., Wilmington, Del.

Jackson & Woodin Mfg. Co., The, Berwick, Pa.

Jones, J. M. Sons (Agents), West Troy, N. Y.

King, Arthur, Middletown, Pa.

Lehigh Valley Car Co.. Stempton, Pa.

Lima Locomotive and Machine Co., Lima, O.

Madison Car Co., Madison, 111.

Males & Co., A. S., Cincinnati, O.

(Continued on the ne.rt ]/(tge.)

CARS. PASSENGER, FREIGHT, CONSTRUCTION AND MINING
OF EVERY STYLE, FOR ANY SERVICE, BUILT TO SPECIFICA-
TIONS, BEST MATERIAL, AND IN WORKMANLIKE MANNER,
FOR SHIPMENT TO ALL PARTS OF THE UNITED STATES,
CANADA, MEXICO, CENTRAL AMERICA, SOUTH AMERICA, AND
WEST INDIES.

CORRESPONDENCE SOLICITED. CONSULT OUR CARD
UNDER PROPER HEADINGS IN CLASSIFIED INDEX FOR ANY-
THING WANTED.

INDEX TO ADVERTISEMENTS.

101

For paiiiiii;* *ee "Alphabetical Index to Advertisers," on preceding pa»c*,

87 to 95, inclusive.

Michigan Car Co., Detroit. Mich.
Middletown Car Works, Middletown, Pa.
Minrrva Car Works. Minerva, O.
Mount Vernon Car Mfg. Co.. Mount Vernon, 111.
Pardre Car A: Machine Works, Watsontown, Pa.
Pennock Bros.. Minerva. O.
Pittsburgh Loco. & Car Works, Pittsburgh, Pa.
Portland Co., Portland. M-.
St. Charles Car Co.. St. Charles. Mo.
Sheffield Car Co., Three Rivers, Mich.
^Shoemaker, A. T.. Now York. X. Y.
Stuebner & Co..Geo. L., Long Island City. X. Y.
Terre Haute Car Mfg. Co., Terre Haute, Ind.
Tredegar Co., Richmond. Va.
\Vasou Mfir. Co., Springfield. Mass.
Youngsto\vn Car Mfg. Co.. Yonngstown, O.

CAR BUILDERS' HARDWARE.

Hibbard, Spencer, Bartlett & Co.. Chicago. 111.

CAR CASTINGS.

(See Car Furnishings.)

CARS, CATTLE,

Canda Cattle Car Co., New York, X. Y.

CAR CEILINGS VENEER.

(See Veneers.)

CAR CHANNELS.

Springfield Iron Co., Springfield. 111.

Springflc

Tudor Ir

\idor Iron Works. St. Louis. Mo.
Shoemaker, A. T.. New York. X. Y.

CAR COUPLER.

Janney & Hien Coupler Co., The. Pittsburgh, Pa.
Standard Car Coupler Co., Troy, X. Y.

CAR DOORS.

Q. & C. Co., Chicago, 111.

CAR DOOR CHECKS.

Norton Door-Check & Spring Co.. Boston, Mass, j

CAR FIXTURES.

Dayton Malleable Iron Co., Dayton, O.
Greeley. E. S. & Co., Xew York. X. Y.
Schoen Mfg. Co.. Pittsburgh. Pa.
So. Malleable Iron Co., Chattanooga, Tenn.
Sweet & Clark Co., Marion, Ind.

CAR FURNISHINGS.

Dayton Car Works, Dayton. O.
Dayton Malleable Iron Co., Dayton, O.
Greeley, E. S. & Co.. Xew York. N. Y.
So. Malleable Iron Co., Chattanooga. Tenn.
Sweet & Clark Co., Marion, Ind.

CAR HEATING.

Baker Heater Co., New York, X. Y.
CAR PAINTS.

Iron-Clad Paint Co.. Cleveland, O.
Xubian Iron Enamel Co., The, Chicago. 111.

CAR REPLACERS.

Elliott Frog and Switch Co.. East St. Lonis, Mo.
Pennsylvania Steel Co.. Steelton, Pa.
Portland Co., Portland, Me.

?. & C. Co., Chicago. 111.
ilden, B. E. Co., Chicago, 111.

CAR ROOFS.

Hutchins & Sons, C. B., Detroit, Mich.. Chicago. 111.

CAR SEALS.

American Railway Supply Co., Xew York X* Y
Buffalo Seal and Press Co.. Buffalo, X. Y.

CAR SEATS.

American Railway Supply Co., New York, X. Y.
Greeley, E. S. & Co., Xew York. X. Y.
Scarritt Furniture Co., St. Louis. Mo.

CARS, SECOND HAND.

Males & Co., A. S., Cincinnati, O.

CAR SILLS AND TIMBER.

Millen, L. R. & Co., Xew York. X. Y.
Stillwell, Millen & Co., Savannah, Ga.

CARS. STREET.

Brill, J. G. Co.. Philadelphia. Pa.
Brownell Car Co.. St. Louis. Mo.
Jones. J. M. Sons t Agents). Wesr Troy. X. Y.
St. Charles Car Co.. St. Charles. Mo.
Shoemaker, A. T., Xew York, X. Y.

CAR TRUST.

Canda Cattle Car Co.. Xew York. X. Y.
Iron Car Equipment Co., Xew \ork. X. Y.

CAR VARNISHES.

Nassau. James. Philadelphia, Pa.

Xubian Iron Enamel Co., The, Chicago, 111.

CAR VENTILATING.

Q. & C. Co., Chicago, 111.

CAR WHEELS.

Allison Manufacturing Co., Philadelphia. Pa.

Barney & Smith Manufacturing Co., Dayton, O.

Bass Foundry and Machine Works. Fort Wayne, Ind.

Bass, J. H., Chicago, 111.

Boies Steel WheefCo.. Scranton. Pa.

Bowler & Co., Cleveland, O.

Brooks Locomotive Works. Dunkirk. N. Y.

Buffalo Car Wheel Works, Buffalo, X. Y.

Cleveland Foundry, Cleveland, O.

Davenport & Fairbairn, Erie, Pa.

Dickson Manufacturing Co.. Scranton, Pa.

Ensign Manufacturing Co., Hnntington, W. Va.

Harrisbnrg Car Manufacturing Co., Harrisburg. Pa.

Jackson & Woodin Manufacturing Co.. Berwick, Pa.

Lima Locomotive and Machine Co7. Lima, O.

Lobdell Car Wheel Co., Wilmington, Del.

Madison Car Co.. Madison, 111.

Maher & Bray ton, Cleveland, O.

Michigan Car Co.. Detroit, Mich.

Minerva Car Works, Minerva, O.

Mt. Vernon Car Manufacturing Co., Mt. Vernon, 111.

Page. Xewell & Co., Boston. Mass.

Pennock Bros.. Minerva, O.

Prosser, Thomas & Sou, Xew York. X. Y.

St. Louis Car Wheel Co., St. Louis. Mo.

Taylor Iron and Steel Co., Hich Bridge. N. J.

Terre Haute Car and Mfg. Co'., Terre~Hante, Ind.

Tredegar Co., The. Richmond. Va.

Washburn Car Wheel Co.. Hartford. Ct.

Wason Manufacturing Co., Springfield. Mass.

Whitney, A. & Sons, Philadelphia, Pa.

CAR WHEEL BORING MACHINES.

Bement, Miles & Co., Philadelphia, Pa.

Xiles Tool Works, Hamilton. O.

Sellers, Wm. & Co. (Inc.), Philadelphia, Pa.

CAR WHEEL DUST GUARDS.

American Railway Supply Co., Xew York. X. Y.
Q. & C. Co., Chicago, 111.*

CAR WHEEL GRINDERS.

Northampton Emery Wheel Co.. Leeds. Mass.
Norton Emery Whe'el Co., Worcester. Mass.

102

. V.

Washburn & Moen Manufacturing Co,,

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INDEX TO ADVERTISEMENTS.

103

For payings sec "Alphabetical Index to Advertiser*," on preceding pages,

87 to 93, Inclusive.

CAST CHILLED CAR WHEELS.

Ensign Manufacturing Co., Huntington, W. Va.
Terre Uaute Car and Mfg. Co., Terre Haute, Ind.
Whitney, A. & Sons, Philadelphia, Pa.

CAST IRON PIPE.

(See Pipe, Cast Iron.)

CAST STEEL.

Chester Steel Castings Co., Philadelphia, Pa.
Lockhart Iron and Steel Co.. Pittsburgh, Pa.
Midvale Steel Co., Philadelphia, Pa.
Prosser, Thomas & Son, New York, N. Y.
Shoenberger & Co.. Pittsburgh. Pa.
Spang Steel and Iron Co.. Pittsburgh, Pa.
Standard Steel Works, Philadelphia, Pa.
Stewart & Mattson Mfg. Co., Philadelphia, Pa.

CASTINGS.

(See RR. Castings.)

CEMENT.

Brooks, Shoobridse & Co., New York, N. Y.
Union Akron Cement Co., Buffalo, N. Y.

CHAIN PULLEY BLOCKS.

Moore Mfg. and Foundry Co., Milwaukee, Wis.

CHAINS.

Jeffrey Manufacturing Co., Columbus, O.
New Jersey Steel & Iron Co., Trenton, N. J.

CHARCOAL WIRE.

Washburn & Moen Mfg. Co., Worcester, Mass.

CHECK HOOKS.

American Railway Supply Co., New York, N. Y.

CHUCKING MACHINES.

Brown & Sharpe Mfg. Co., Providence, R. I.

CIVIL ENGINEERS.

Cooper, Theodore, New York, N. Y.
Field, Wm. P., Newark, N. J.
Hunt & Clapp, Pittsburgh, Pa.
Hunt, Robert W. & Co., Chicago, 111.
Remington & Co., Chicago. 111.
Shaw, Thomas. M. E., Philadelphia, Pa.
Wilson Bros. & Co., Philadelphia, Pa.

CLAMP FROGS.

Pettibone, Mulliken & Co., Chicago, 111.

CLOSETS, SANITARY.

Brown & Sharpe Mfg. Co., Providence, R. I.

CLOTHS, UNIFORM.

(See Uniform Cloths.)

COACH SCREWS.

(See Screws.)

COAL.

Colorado Coal & Iron Co., Pueblo. Col.
Northwestern Land & Coal Co., Boston and Chicago.

COAL CONVEYORS.

Jeffrey Manufacturing Co., Columbus, O.

COAL CUTTERS AND DRILLS.

Bullock. M. C.. Mfg. Co., Chicago, 111.
Ingersoll-Sergeant Drill Co., New York. N. Y.
Jeffrey Manufacturing Co., Columbus, O.

COAL TIPPLKS.

Jeffrey Manufacturing Co., Columbus, O.

COKE.

Colorado Coal & Iron Co., Pueblo, Col.

CONCRETE MIXER.
Scaife & Sons, Wm. B., Pittsburgh, Pa.

CONDUITS.

Eppinger & Russel. New York, N. Y.

Lehigh Valley Creosoting Co., Jersey City, N. J.

CONDUCTORS' PUNCHES.

American Railway Supply Co.. New York, N. Y.
Greeley, E. S. & Co., New York, N. Y.

CONSULTING ENGINEERS.

(See Engineers.)

CONTRACTORS.

Gerry, Allston & Co., New York. N. Y.
McCormick Construction Co., St. Louis, Mo.
Pas?aic Rolling Mill Co., Paterson, N. J.
Remington & Co., Chicago, 111.
Reynolds, Elisha P. & Co., VVymore, Neb.; Rock

Island. 111., and Cincinnati, O.
Saxton, E., Washington, D. C.

CONTRACTORS — SUPPLIES.

Bucyrus Steam Shovel & Dredge Co., Bucyrns, O.

Ingersoll-Sergeant Drill Co., New York, N. Y.

Jeffrey Mfg. Co., Columbus, O.

Keegan & Halpin, New York. N. Y.

Lidjierwood Mfg. Co., New York, N. Y.

McCoy, Jos. F. Co.. New York, N. Y.

Mundy, J. S., Newark, N. J.

Steubner, George L. & Co., Long Island City, N. Y.

Toledo Foundry & Machine Co., Toledo, O.

CONTRACTORS — WIRE FENCE.

McMullin Woven Wire Fence Co., Chicago.
Western Fence Co., Chicago.

COPPER MANUFACTURERS.

Besly, Charles H. & Co., Chicago, 111.
Bridgeport Brass Co., Bridgeport, Ct.
Coe Brass Mfg. Co., Torrington, Ct.
Greeley, E. S. & Co., New York, N. Y.
Hendricks Bros., New York, N. Y.
Holmes, Booth & Haydens, Waterbnry, Ct.
Washburn & Moen Mfg. Co., Worcester, Mas .

COPPER INGOT, RODS, SEAMLESS 'TUBING,
AND SHEETS.

(Sec Copper Manufacturers.)

COPPER ROLLING MILLS.

Bridgeport Brass Co., Bridgeport, Ct.
Coe Brass Co., Torrington, Ct.
Hendricks Bros., New York, N. Y.
Holmes. Booth & Haydens, Waterbury, Ct.
Washbuni & Moen Mfg. Co., Worcester, Mass.

COPPER WIRE.

Bridgeport Brass Co., Bridgeport, Ct.
Coe Brass- Mfg. Co.. Torrington, Ct.
Holmes. Booth & Haydens. Waierbury, Ct.
Washburn & Moen Mfg. Co., Worcester. Ma*.-.

COPYING PRESSES.

Shriver, T & Co., New York, N. Y.

104

Pneumatic Railway Gate.

THE ONLY PURELY PNEUMATIC DEVICE FOR THIS PURPOSE.

In successful use for years on most first-class Railways. Among these the

B. & O. It. R. c«.
- C. & O. Ry. Co.

0. B. &Q.R. R. Co.
C.&Gt.W.R.R.Co.

C. M. St. P. Ry. Co.
C. & N. W. Ry. Co.
C.St.P.&K.C.Ry.Co
Del.&Hud.C.Co.RR
Gr. R. & I. R. R. Co.
Mich.C.R.R. Co.
N.Y.P.&D.R.R.Co.
P. R. R. Co.
P.C.C.&StL.Ry.Co
P. Ft. & C. Ry. Co
Penn. Co.

St. P. & D. R. R. Co.

>•„ •
FROM PHOTO OF A PORTION OF THIRTY CROSSINGS ON PAN HANDLE SYSTEM, CHICAGO.

Wis. Cen. R. R. Co.

NOTHING UNDER GROUND BUT SMALL AIR PIPES

PNEUMATIC GATE COMPANY,

W. P. ELLIOTT, MANAGER. 99 WASHINGTON STREET, CHICAGO.

GEORGE M. BOGTJE, Prest.

M. B. MILLS, Vice-Preist. O. A. BOGUE, Sec'y and Treas.

Mills' System of Railroad Grossing Gates.

IS GUARANTEED
TO BE THE BEST
RAILROAD GATE

MADE.

Of the Rail roads
using the MILLS
Gate we refer to,
Chicago & N o r t h -
western ; Chicago &
Grand Trunk ; Cliica-
go, St. Louis & Pitts-
burgh ; Chicago &
Western Indiana;
Chicago & Great
Western ; Union Pa-
cific, Denver «!c Rio
Grande; Delaware &
Hudson Canal C'o. ;
Lone Inland R. R.; St.
Louis A- Sau Frnm-isco
and Louisville, New
Orleans and Texas.

Manufactured by BOGUE & MILLS MANUFACTURING CO.
Air, Lever, and Cable Gates for Railroad Crossings

THE ONLY GATE MADE THAT LOCKS THE ARMS WHEN DOWN AS WELL AS WHEN UP.

OFFICE: 218 LA SALLE STREET, CHICAGO, ILL.

INDEX TO ADVERTISEMENTS.

105

For pa-inn* *«»• •• Al|>lialMli<al Iiidox to Ad v« rtiM>r*,» ou preceding pages,

87 to 95, inriii»i\ <•.

COKK OVENS, CASTINGS FOR.

Brown & Sharpe Mfg. Co., Providence, R. I.

CORRUGATED IRON ROOFING.

Scaife & Sons, Wm. B., Pittsburgh, Pa.

CORUNDUM AND CORUNDUM WHEELS.

Northampton Emery Wheel Co., Leeds.
Norton Emory Wheel Co., Worcester, Mass.

OOUFLERS.

Chester Steel Castings Co.. Philadelphia, Pa.
Janney & Hien Coupler Co., Pittsburgh, Pa.
Standard Car Coupling Co., Troy, N. Y.

CRANES.

McCoy, Jos. F. Co., New York. N. Y.

Sellers Wm & Co. (Incorporated), Philadelphia,

Wood. R. D. & Co., Philadelphia. Pa.

CREOSOTED LUMBER.

Eppinger & Russell. New York. N. Y.

Lettish Valley Creosoting Co.. Jersey City. N. J.

Vanderbilt & Hopkins, New York, N. Y.

CREOSOTING WORKS.

Eppinger & Russell. New York. N. Y.

Lehigh Valley Creosoting Co., Jersey City. N. J.

CROSSING FROGS.

Pettibone, Mulliken & Co., Chicago, 111.

CROSSING GATES.

Bogue & Mills Manufacturing Co., Chicago. 111.
Jouson Engineering & Foundry Co.. New York. N. Y.
Pneumatic Gate Co., Chicago, 111.

CROSSINGS, RR.

Allentown Rolling Mills, Philadelphia. Pa.

Bowler & Co., Cleveland. O.

Buda Foundry & Manufacturing Co.. Harvey, 111.

Carlisle Manufacturing Co., Carlisle, Pa.

Chester Steel Castings Co.. Philadelphia, Pa.

Cleveland Foundry, Cleveland, O.

Elliot Frog & Switch Co.. East St. Louis, 111.

Males & Co.. A. S.. Cincinnati, O.

Midvale Steel Co., The, Philadelphia, Pa.

Pennsylvania Steel Co., Steelton, Pa.

Pettibone. Mulliken & Co.. Chicago, 111.

Shoemaker. A. T.. New York. N. Y.

Weir Frog Co., Cincinnati, O.

Wharton Railroad Switch Co., Philadelphia, Pa.

CROSS TIE ELEVATORS AND CONVEYORS.

Jeffrey Manufacturing Co., Columbus, O.

CROSS TIES.

Millen. L. R. & Co., New York. N. Y.
Stiliwell. Millen & Co., Savannah, Ga.
Vanderbilt & Hopkins, New York. N. Y.

CRUSHERS (ORE AND STONE).

(See Rock Breakers.)

CULVERTS.

Donaldson Iron Co., Emaus (Lehigh Co.). Pa.
Millar. Charles & Son. Utica. N. Y.
Wood. R. D. & Co., Philadelphia. Pa.

CUPOLA FURNACE.

Byram & Co., Detroit. Mich.

CYLINDER OILS.

(See Lubricating Oils.)

DATING STAMPS.

American Railway Supply Co., New York, N. Y.
DECKING.

Millen, L. R. A: Co.. New York. N. Y.
Stiliwell. Millen & Co.. Savannah. Gu.
Vanderbilt is Hopkins. New York. N. Y.

DEPOT SIGNALS.
Pennsylvania Steel Co., Steelton, Pa.

DIAMOND DRILLS (FOR PROSPECTIN

Bullock. M. C., Mfg. Co., Chicago, 111.

DIES (STEEL, BRASS, AND COPPER).

American Railway Supply Co., New York, N. Y.

pa. DOOR CHECKS.

Norton Door Check and Spring Co.. Boston. Mass.

DRAFT RIGGING.

Schoen Manufacturing Co., Pittsburgh. Pa.

DRAIN PIPES.

Donaldson Iron Co.. Emaus iLehigh Co.), Pa.
Gloucester Iron Works. Philadelphia, Pa.
Millar. Charles & Son. Utica. N. Y.
Wood, R. D. & Co., Philadelphia, Pa.

DREDGES (STEAM).

(See Steam Shovels.)

DRILL PRESS.

Gould & Eberhardt. Newark. N. J.
Niles Tool Works, Hamilton, O.

DRILLS.

Bement. Miles & Co.. Philadelphia, Pa.

Champion Blower and Forge Co.. Lancaster, Pa.

Garvin Machine Co.. New York. N. Y.

Niles Tool Works. Hamilton, O.

Place. George. New York. N. Y.

Sellers, Wm. & Co. (Incorporated). Philadelphia. Pa.

Stow Flexible Shaft Co.. Philadelphia. Pa.

DRILLING MACHINES.

Universal Radial Drill Co.. Cincinnati, O.

DRIVING PLANTS.

Jeffrey Manufacturing Co., Columbus, O.

DROP FORCINGS.

Billings & Spencer Co.. The. Hartford. Conn.

DUMP CARS.

Allison Manufacturing Co.. Philadelphia, Pa.

Basic City Car Works. Basic City. Va.

Buda Foundry and Manufacturing Co., Harvey, 111

Elliott Car Co.. Gadsden. Ala.

KinLT. Arthur. Middletown. Pa.

Lima Locomotive and Machine Co.. Lima. O.

Males & Co.. A. S.. Cincinnati. O.

Middletown Car Works. Middletown. Pa.

Pardee Car and Machine Works. Watsontown, Pa.

Sheffield Car Co., Three Rivers. Mich.

DUMPING CARS (SIDE OR BOTTOM).

Steubner & Co.. Geo. L., Long Island City, N. Y.

DYNAMO, ELECTRIC.

Short Electric Railway Co., Cleveland, 0.

DYNAMITE AND DYNAMITE CAPS.

(See Explosives.)

106

JONSON ENGINEERING AND FOUNDRY CO.

Foot East 118th Street, New York City,

BUILDERS OF

Improved Flan's Patent Bailiay

Flagg's Patent Railway Safety Gates are in use on

85,000 MILES OF RAILROADS IN THE D. S.

Recommended by the Western Railroad Association as operated with more ease and speed,
take up less space, cause less detention to the public than other gates. Repairs
practically nothing. Approved by hundreds of railway officials, mayors of cities and by
railroad commissioners of many states. Jonson's improvements on these gates render
them practically perfect, make them non- freezing and reduce cost. Every crossing gate
on the New York Central, Delaware, Lacka wanna & Western, N. Y., Lake Erie & Western,
Richmond & Danville and many other railroads, were made in our shops, and have Jon-
son's improvements.

CABLE RAILROADS.

Cable Railways a specialty. We built the cable road complete through 125th street, New
York City, from river to river, and are now building the special construction on the 3d
Avenue Cable Road in New York City. Every GRIP in use on the 3d Avenue Cable
Road was built in our shops.

JONSON ENGINEERING AND FOUNDRY CO.

ALLSTON GERRY & Co.,

ALLSTOH GERRY. CONTRACTORS,

J. A. FLYNN.

i 35 Wall St. and foot East n 8th St., New York City.,

Undertake the building of Railroads and all kinds of government, municipal, public and private
work. We depressed the tracks of and built the retaining- walls for the Harlem branch of the N. Y.
Central & Hudson River R. R. from Morrigania to Fordham, in New York City, also the bridge abut-
ments and piers over the Bronx River. Foundations for the Suburban Elevated R. R. from 170th
Street, to Tremont, New York City, Webster Avenue, North Third Avenue, upper Fifth Avenue*
and many other streets and avenues for the City of New York.

INDEX TO AD VERTISEMENTS.

107

For pagings see •• Alphabetical Index to Advertisers," on preceding pages,

87 to 95, inclusive.

EDGE TOOLS.

Hibbard, Spencer, Bartlett & Co., Chicago.

ELECTRIC ALARM SIGNAL.

Electric Secret Service Co., N.-w York, X. Y.
Pennsylvania Steel Co., Steeltoti, Pa.

ELECTRIC COAL-MINING MACHINES.

Jeffrey Manufacturing Co., Columbus, O.

ELECTRIC LIGHTER.

Barr Electric Manufacturing Co., New York, N. Y.

ELECTRIC MOTORS.

Jeffrey Manufacturing Co., Columbus, O.
Short "Electric Railway Co., Cleveland, O.

ELECTRIC MOTOR TRUCKS.

Sheffield Car Co., Three Rivers, Mich.

ELECTRTC RAILWAYS.

Short Electric Railway Co., Cleveland, O.

ELECTRIC WIRE (BARE AND COVERED).

Bridgeport Biass Co., Bridgeport, Ct.
Holmes, Booth & Haydens. Waterbury, Ct.
Washburu & Moen Mfg. Co., Worcester, Mass.

ELECTRICAL HEAD LIGHTS.

National Electric Head Light Co., Indianapolis, Ind.

ELECTRICAL SIGNAL SYSTEMS.

Electric Secret Service Co.. New York, X. Y.

Hall Signal Co., Xew York. N. Y.

Wharton Railroad Switch Co., Philadelphia, Pa.

ELEVATORS.

Jeffrey Manufacturing Co., Columbus, O.
Morse, Williams & Co., Philadelphia, Pa.
Mundy, J. S., Newark, X. J.

ELEVATOR INSURANCE.

American Casualty Insurance and Security Co., of

Baltimore City, Md.

Beecher, Schenck & Co., Xew York, N. Y.
Fidelity and Casualty Co., Xew York, X. Y.

EMERY WHEELS AND EMERY
MACHINERY.

Besly & Co., Charles H., Chicago, 111.

mpton Emery Wheel Co., Leeds,
Emery Wheel Co., Worcester, M

WHEEL

Xortham;
Xorton

Mass.

EMERY WHEEL DRESSER.

Chicago Screw Co., Chicago, 111.

EMPLOYERS' LIABILITY INSURANCE.

American Casualty Insurance and Security Co., of

Baltimore City, Md.
Beecher, Schenck & Co., New York, X. Y.

ENGINEERS (CONSULTING AND CONTRACTING).

""Cooper, Theodore, Xew York, N. Y.
Field, Wm. P., Newark, X. J.
Hunt, Robert W. & Co., Chicago, 111.
Hunt & Clapp, Pittsburgh, Pa.
Hyde, Charles. Pittsburgh, Pa.
Jeffrey Manufactures Co., Columbus, O.
McCormick Construction Co., St. Louis, Mo.
Remington & Co., Chicaeo, III.
Shaw. Thomas, M. E., Philadelphia, Pa.
Wilson Bros. & Co., Philadelphia, Pa.
Wood, R. D. & Co., Philadelphia, Pa.

8

ENGINE, LATHES.
Stow Flexible Shaft Co. (Limited), Philadelphia, Pa.

ENGINE OILS.

(See Lubricating Oils.)

ENGRAVERS AND PRINTERS.

American Bank Xote Co., New York, X. Y.
Franklin Bank Xote Co., Xew York, N. Y.
Homer Lee Bank Note Co., New York, X. Y.
International Bank Note Co., New York, X. Y.
Robbins Manufacturing Co., John, Boston, Mass.
Western Bank Xote Co., Chicago, 111.

EQUIPMENT, RAILROAD (XEW AND SECOND
HAND).

Males & Co., A. S., Cincinnati, O.
Shoemaker. A. T., New York, X. Y.

EXCAVATORS (STEAM).
(See Steam Shovels.)

EXPLOSIVES.

Hibbard, Spencer, Bartlett & Co., Chicago, 111.

EXPRESS COMPANIES.

Wells, Fargo & Co., Xew York, N. Y.

FENCE WIRE.

Hazard Manufacturing Co., Wilkesbarre, Pa.
McMullen Woven Wire Fence Co., Chicago, 111.
Washburn & Moen Mfg. Co., Worcester, Mass.
Western Fence Co., Chicago, 111.

FERRO-MANGANESE.

Carnegie Steel Co. (Limited). The, Pittsburgh Pa
Illinois Steel Co., Chicago, 111.

FIDELITY INS. AND GUARANTEE BONDS.

American Casualty Insurance and Security Co. of

Baltimore City. Md.

Beecher, Schenck & Co., New York, N. Y.
Fidelity and Casualty Co., Xew York, X. Y.
Guarantee Co. of Xorth America, Montreal, Can
Trust Co. of Xorth America, Philadelphia, Pa.

FIGURES.

Besly, Charles H. & Co., Chicago, 111.

FIRE-BOX STEEL.

(See Boiler and Fire-Box Steel.)

FIRE EXTINGUISHERS— STEAM.

(FOR SWITCHING AND YARD ENGINES).

Nathan Manufacturing Co., Xew York. X. Y.

FIRE HYDRANTS.

Donaldson Iron Co., Emans (Lehi^h Co ) Pa
Wood, R. D. & Co., Philadelphia, Pa.

FIRE INSURANCE.

Beecher, Schenck & Co., Xew York. X. Y.
Insurance Co. of Xorth America, Philadelphia, Pa.
Royal Insurance Co., Xew York, N. Y.

FLEXIBLE SHAFTS.
Stow Flexible Shaft Co., Philadelphia, Pa.

FORGES, PORTABLE.

Champion Blower and Forge Co., Lancaster, Pa.

108

INDEX TO ADVERTISEMENTS.

For paging* see " Alphabetical Index to Advertisers," on preceding pages,

87 to 95, inclusive.

FORGINGS, RR.

Allison Manufacturing Co., Philadelphia, Pa.
Bass Foundry and Machine Works, Ft. Wayne, Ind.
Bethlehem Iron Co.. South Bethlehem. Pa.
Buda Foundry and Manufacturing Co., Harvey, 111.
Cambria Iron Co., Johnstown, Pa.
Carlisle Manufacturing Co., Carlisle, Pa.
Carnegie Steel Co. (Limited), Pittsburgh, Pa.
Ewald Iron Co., St. Louis, Mo.
Harrisburg Car Manufacturing Co., Harrisburg, Pa.
Jackson & Woodin Manufacturing Co., Berwick, Pa.
Madison Car Co., Madison, 111.
Michigan Car Co., Detroit, Mich.
Midvale Steel Co., The, Philadelphia, Pa.
Pennsylvania Steel Co., Steelton, Pa.
Prosser, Thomas & Son, New York, N. Y.
Rochester Bridge and Iron Co., Rochester, N. Y".
Sellers, William & Co. (Incor.), Philadelphia, Pa.
Standard Steel Works, Philadelphia, Pa.
Taylor Iron and Steel Co., High Bridge, N. J.

FOUNDRY AND FURNACE CUPOLA.

Byram & Co., Detroit, Mich.

n Rolling Mills, Philadelphia, Pa.
Smith Manufacturing Co., Dayton, O.

FROGS, RR.

Allentov

Barney &

Bowler & Co., Cleveland, O.

Brooks Locomotive Works, Dunkirk, N. Y.

Buda Foundry and Manufacturing Co., Harvey, 111.

Carlisle Manufacturing Co., Carlisle, Pa.

Chester Steel Castings Co., Philadelphia, Pa.

Cleveland Foundry, Cleveland, O.

Elliot Frog and Switch Co., E. St. Louis, 111.

Lobdell Car Wheel Co., Wilmington, Del.

Males & Co., A. S., Cincinnati, O.

Midvale Steel Co., The, Philadelphia, Pa.

New York Frog and Switch Co., Hoboken, N. J.

Pennsylvania Steel Co., Steelton, Pa.

Pettibone, Mulliken & Co., Chicago, 111.

Shoemaker, A. T., New York, N. Y.

Tilden, B. E. Co., Chicago, 111.

Wason Manufacturing Co., Springfield, Mass.

Weir Frog Co., Cincinnati, O.

Wharton RR. Switch Co., Philadelphia, Pa.

FUEL SAVER.

Northwestern Land & Coal Co., B«. ston and Chicago

FURNACES, CASE HABDENING.

Brown & Sharpe Mfg. Co., Providence, R. I.

FUSE.

(See Explosives.)

GALVANIZED WIRE.

Washburn & Moen Mfg. Co., Worcester, Mass.

GAS TANKS, HIGH PRESSURE.

Scaife & Sons, Wm. .b Pittsburgh, Pa.

GATES.
(See Crossing Gates.)

GATE VALVES.

Laidlaw & Dunn Co.. Cincinnati, O.
Millar, Charles & Son,Utica, N. Y.
Poage, John N., Cincinnati, O.

GAUGES— MEASUREMENT.

Brown & Sharpe Mfg. Co., Providence, R. I.

GAUGES — PRESSURE MERCURY.

Shaw, Thomas, M. E., Philadelphia, Pa.

GEARS AND GEAR-CUTTING MACHINES.

Besly, Chas. H. & Co., Chicago, 111.

Brown & Sharpe Mfg. Co.. Providence, R. I.

Gould & Eberhardt, Newark, N. J.

GERMAN SILVER.

Holmes, Booth & Haydens, Waterbury, Ct.

GOVERNMENT SECURITIES.

(See Investment Securities.)

GRAPHITE PAINT.

Joseph Dixon Crucible Co., Jersey City, N. J.

GREASE CUPS (LOCOMOTIVE).

Besly & Co., Charles H., Chicago. 111.
Lackawanna Lubricating Co., Scranton, Pa.

GRINDING MACHINES.

Besly & Co., Charles H., Chicago.
Brown & Sharpe Mfg. Co., Providence, R. I.
Northampton Emery Wheel Co., Leeds, Mass.
Norton Emery Wheel Co., Worcester, Mass.

GRINDSTONE TROUGH AND GRINDSTONE TRU-
ING DEVICE.

Brown & Sharpe Mfg. Co., Providence, R. I.

HAND CARS.

Billmeyer & Small Co., York, Pa.

Brill, J. G. Company, Philadelphia, Pa.

Buda Foundry and Manufacturing Co., Harvey, 111.

Lafayette Car Works, Lafayette, Ind.

Mt. Vernon Car Manufacturing Co., Mt. Vernon, 111.

Pardee Car and Machine Works Co., Watsontown, Pa.

Sheffield Car Co., Three Rivers, Mich.

HAND CRANES.

McCoy, Jos. F. Co., New York, N. Y.

HARDWARE.

Hibbard, Spencer, Bartlett & Co., Chicago, 111.

HARDWOOD LUMBER.

Albro, The E. D. Co., Cincinnati, O.

HE\D LIGHTS.

Carey, Geo. II., New York, N. Y.
Greeley, E. S. & Co., New York, N. Y.
Hibbard, Spencer, Bartlett & Co., Chicago, 111.

HEAD LIGHTS, ELECTRICAL.

National Electric Head Light Co., Indianapolis, Ind.

HEATING APPARATUS.

Baker Heater Co., New York, N. Y.

Huyett & Smith Manufacturing Co., Detroit, Mich.

HEXAGON IRON AND STEEL.

Lockhart Iron and Steel Co., Pittsburgh, Pa.

HOISTING CRABS.

McCoy, Jos. F. Co., New York, N. Y.

HOISTING ENGINES AND MACHINERY.

Bullock, M. C., Manufacturing Co., Chicago. 111.

Jeffrey Manufacturing Co., Columbus, O.

Lidgerwood Manufacturing Co., New York, N. Y.

McCoy, Jos. F., Co., New York. N. Y.

Moore Mfg. and Foundry Co., Milwaukee, Wis.

Morse, Williams & Co., Philadelphia, Pa.

Mundy, J. S., Newark, N. J.

Sellers, Wm. & Co. (Incorporated), Philadelphia, Pa.

INDEX TO ADVERTISEMENTS.

109

pairiiiu* *<>e "Alphabetical Index to Advertiser*," oil preceding pages,
87 to 95, inclusive.

HOISTING TUBS.

standard Stave and Cooperage Co., Boston, Mass.

HOSE BRIDGES.

Tilden, B. E., Co., Chicago, 111.

HYDRANTS.

Miller, Charles & Son, Utica. N. Y.
Wood, R. D. & Co., Philadelphia, Pa.

HYDRAULIC CRANES.

Wood, R. D. & Co., Philadelphia, Pa.

HYDRAULIC CRANK PIN PRESS.

Dudgeon, Richard, New York, X. Y.

HYDRAULIC GAUGES.

Greeley. E. S. & Co., New York, N. Y.
Laidlaw & Dunn Co., Cincinnati, O.

HYDRAULIC JACKS.

Dudgeon. Richard, New York, N. Y.
Greeley, E. S. & Co., New York. N. Y.
McCoy. Jos. F., Co., New York, N. Y.

HYDRAULIC MACHINERY.

Shaw, Thomas, M. E., Philadelphia, Pa.

HYDRAULIC PUNCHES.

Ferracute Machine Co., Bridgeton, N. J.
Loiiir & Allsratter Co.. Hamilton. O.
Mc( .-v. Jos. F., Co., New York. N. Y.
Wood, R. D. & Co., Philadelphia, Pa.

HYDRAULIC WHEEL PRESS.
Dudgeon, Richard, New York, N. Y.

HYDROSTATIC WHEEL PRESS.

Bement, Miles & Co., Philadelphia, Pa.

INCREASED HKATING POWER.

Northwestern Land & Coal Co. , Boston and Chicago.

INJECTORS.

Nathan Manufacturing Co.. New York. N. Y. •

Prosser. Thomas & Son. New York. N. Y.

Sellers. Wm. & Co., (Incorporated), Philadelphia. Pa

INSPECTION AND INSPECTING ENGINEERS.

Hunt. Robt. W. & Co.. Chicago, 111.
Hunt & Clapp, Pittsburgh. Pa.

INSULATED WIRE.

Bridgeport Brass Co., Bridgeport, Ct.
Holmes. Booth & Haydens, Waterbury. Ct.
Washburn & Moen Mfg. Co., Worcester. Mass.

INSURANCE.

American Casualty Insurance and Security Co. of

Baltimore City. Md.

Beecher, Schenck & Co., New York, N. Y.
Fidelity and Casualty Co., New York. N. Y.
Guarantee Co. of North America, Montreal, Canada.
Insurance Co. of North America, Philadelphia, Pa.
New York Life Insurance Co., New York, N. Y.
Royal Insurance Co., New York, N. Y.

INTERLOCKING AND BLOCK SIGNAL SYSTEM.

Electric Secret Service Co., New York.
Hall Signal Co., New York and Chicago.
Wharton Railroad Switch Co., Philadelphia. Pa.

INTERLOCKING SWITCHES.

Allentown Rolling Mills, Philadelphia, Pa.
Hall Signal Co., N<-w York. N. Y.
Pennsylvania Steel Co., Stt-elton. Pa.
Pettibone, Mulliken & Co.. Chicago. 111.
Wharton Railroad Switch Co.. Philadelphia, Pa.

INVESTMENT SECURITIES.

Barintr, Magoun & Co., New York. N. Y.

Barrows, Samuel H., New York, N. Y.

Belmont. August & Co.. New York. N. Y.

Borg, Simon & Co., New York, N. Y.

Branch, C. W. & Co.. Richmond, Va.

Branch, Thomas & Co., Richmond, Ya.

Brown Bros. & Co.. New York. N. Y.

Central Trust Co.. New York. N. Y.

Coffin & Stanton, New York. N. Y.

Continental Tmst Co., New York, N. Y.

Cuvler, Morgan & Co., New York. N. Y.

Davis, John H. & Co., New York, N. Y.

Day & Co., Thpmas C., Indianapolis, Ind.

Dominick & Dickerman, New York. N. Y.

Drexel & Co., Philadelphia, Pa.

Drexel, Morgan & Co.. New York, N. Y.

Farmers' Loan and Trust Co., New York, N. Y.

First National Bank of Baltimore. Md.

First National Bank, Little Rock, Ark.

First National Bank of Milwaukee, Wis.

Fisher & Shaw, Baltimore. Md.

Fourth National Bank of New York. N. Y.

Goodwin, H. J., New York. N. Y.

Harris, N. W. & Co., New York and Chicago.

Hayes. W. J. & Sons, Cleveland. O.. & NewYork. N.Y.

Holland Trust Co.. New York. N. Y.

Jenks, George W., Minneapolis, Minn.

Jones & Faite. New York. N. Y.

Kentucky National Bank, Louisville. Ky.

Kidder & Co., A. M., New York, N. Y.

Kidder. Peabody & Co.. Boston. Mass.

Kleybolte, Rudolph & Co., Cincinnati, O.

Kuauth, Nachod. & Kuhne, New York. N. Y.

Knickerbocker Trust Co.. New York, N. Y.

La Montagne. Clarke & Co., New York. N. Y.

Lamprecht Bros. & Co.. Cleveland and New York.

Maitland, Phelps & Co., New York. N. Y.

Manhattan Trust Co., New York. N. Y.

Merchants' National Bank, Richmond, Va.

Meredith, William T.. & Co.. New York. N. Y.

Metropolitan Trust Co., New York. N. Y.

Middendorff. Oliver & Co., Baltimore. Md.

Morton, Bliss & Co., New York, N. Y.

New York Guarantee and Indemnity Co., New York.

Northwestern Land & Coal Co., Boston and Chicago.

Parkinson & Burr. Boston, Mass.

Poor & Greenough, New York. N. Y.

Potter. Charles H. & Co., Cleveland, O.

Prescott & Co.. Boston, Mass.

Prince & Whitely, New York, N. Y.

Quigley & Tnttle", New York, N. Y.

St. Louis National Bank. St. Louis. Mo.

St. Louis Trust Co., St. Louis, Mo.

Seligman, J. & W. & Co.. New York. N. Y.

State Trust Co . New York. N Y.

Taylor, L. H. & Co., Philadelphia, Pa.

Tradesmen's National Bank, New York, N. Y.

Trask & Co., Spencer, New York, N. Y.

Trust Co. of North America. Philadelphia, Pa.

United States Trust Co. of Kansas City. Mo.

United States Trust Co., New York. N. Y.

Washington Trust Co.. New York. N.Y.

Whitaker & Hodseman. St. Louis, Mo.

White, C. H. &Co., New York. N. Y.

Wilson. Colston & Co., Baltimore. Md.

Wilson, R. T. & Co., New York. N. Y.

IRON BAR.

Allentown Rolling Mills, Philadelphia. Pa.

Cambria Iron Works, Philadelphia it Johnstown. Pa.

Colorado Coal and Iron Co., Pueblo. Col.

Ewaldlron Co.. St. Louis. Mo.

Illinois Steel Co.. Chicairo. 111.

Passaic Rolling Mill Co., Paterson. N. J.

Sellers, Morris & Co.. Chicago. 111.

Springfield Iron Co.. Springfield, H1.

Tudor Iron Works. St. Louis. Mo.

110

INDEX TO ADVERTISEMENTS.

For pagiiigs see " Alphabetical Index to Advertisers," oil preceding- pages,

87 to 95, inclusive.

IRON BUILDINGS.

Scaife & Sons, Win. B., Pittsburgh, Pa.

IRON CLAD PAINT.

Iron Clad Paint Co., Cleveland, O.

IRON HOISTING BLOCKS.

McCoy, Jos. F. Co., New York, N. Y.

Moore Mfg. and Foundry Co., Milwaukee, Wis.

Stuebner & Co., G. L., Long Island City, N. Y.

IRON, PIG.

(See Pig Iron.)

IRON PIPE AND FITTINGS.

Allison Manufacturing Co., Philadelphia, Pa.

Donaldson Iron Co., Emaus (Lehigh Co.), Pa.

Flasrg, Stanley G. & Co., Philadelphia, Pa.

Laidlaw & Dunn Co., Cincinnati, O.

Millar, Charles & Son, Utica, N. Y.

Rochester Bridge & Iron Works, Rochester, N. Y.

Wood, R. D. & Co., Philadelphia, Pa.

IRON ROOFING.

Scaife & Sons, Wm. B., Pittsburgh, Pa.
Schiffler Bridge Co., Pittsburgh, Pa.

IRON STAY BOLTS.

Ewald Iron Co., St. Louis, Mo.

IRON WHEELBARROWS.

Steubner & Co., G. L., Long Island City, N. Y.

IRON WORKING MACHINES.

(See Machinists' Tools.)

JACK CHAINS.

Holmes, Booth & Haydens, Waterbury, Ct.

JACKS.

Carlisle Manufacturing Co., Carlisle, Pa.
Dudgeon, Richard, New York, N. Y.
Greeley, E. S. & Co., New York, N. Y.
McCoy, Jos. F. Co., New York, N. Y.
Pettibone, Mulliken & Co., Chicago, 111.

JOURNAL BEARINGS.

Crescent Phosphorized Metal Co., Philadelphia. I'u.

Crown Smelting Co., Chester, Pa.

Hyde Bros. & Co., Pittsburgh, Pa.

Phosphor-Bronze Smelting Co., Philadelphia, Pa.

Q. &C. Co., Chicago, 111.

Reeves, Paul S., Philadelphia, Pa.

Stewart & Mattson Mfg. Co., Philadelphia, Pa.

JOURNAL Box COVERS.

A. French Spring Co., Pittsburgh, Pa.
Pennock Bros., Minerva, O.

KING'S ELASTIC SIDE BEARINGS.

National Car Spring Co., New York and Philadelphia.

LAMP BURNERS AND LAMPS.

Greeley, E. S. & Co., New York, N. Y.
Hibbard, Spencer, Bartlett & Co., Chicago, 111.
Holmes, Booth & Haydens, Waterbury, Ct.
Plume & Atwood Mfg. Co., Waterbury, Ct.

LAMPS AND LANTERN GLOBES AND FITTINGS.

Hibbard, Spencer, Bartlett & Co., Chicago, 111.

LAND COMPANIES.

Northwestern Land & Coal Co., Boston & Chicago.

LANTERNS.

Greeley, E. S. & Co., New York, N. Y.
Hibbard, Spencer, Bartlett & Co., Chicago, 111.

LATHE DOGS.

Besly & Co., Charles H., Chicago,8Ill

LATHES.

Bement, Miles & Co., Philadelphia. Pa.
Besly, Charles H. & Co., Chicago, 111.
Bridgeport Machine Tool Works, Bridgeport, Ct.
Brown & Sharpe Mfg. Co., Providence, R. I.
Niles Tool Works, Hamilton, O.
Sellers, Wm. & Co. (Incorporated), Philadelphia, Pa.
Stow Flexible Shaft Co. (Ltd.), Philadelphia, Pa.
Universal Radial Drill Co., Cincinnati, O.

LEATHER MAIL BAGS.

American Railway Supply Co., New York, N. Y.

LOCOMOTIVES of every STYLE and practicable gauge for any
service, built to specifications, of best material and in work-
manlike manner, for shipment to all parts of the United
States, Canada, Mexico, Central America, South America, and
West Indies.

Correspondence solicited. Consult our card under proper
headings in classified index for anything wanted.

INDEX TO ADVERTISEMENTS.

Ill

For payings see " Alphabetical Index to Advertisers," on preceding pages,

>7 to 95, Inclusive.

LENSES.
Hibbard, Spencer, Bartlettl&'Co., Chicago, 111.

LETTERS OF CREDIT.

(See Banks and|Bankers.)

LOCKS.

ley, E. S. & Co., New York, X. Y.
Hibbard, Spencer, Bartlett & Co., Chicago, 111.

LOCK WASHERS.

(See Nut Locks.)

LOCOMOTIVE AND SMOKE STACK PAINT.

Nubian Iron Enamel Co., The, Chicago. 111.

LOCOMOTIVE AND SMOKE STACK STEEL.

Ewald Iron Co., St. Louis, Mo.
Schoenberger & Co., Pittsburgh, Pa.

LOCOMOTIVE BUILDERS (MACHINERY FOR).

(See Car and Locomotive Builders' Machinery.)

LOCOMOTIVE DRIVER BRAKE.

American Brake Co., St. Louis, Mo.
Eames Vacuum Brake Co., New York. N. Y.
New York Air Brake Co., New York. N. Y.
Westinghouse Air Brake Co., Pittsburgh, Pa.

LOCOMOTIVE GREASE CUPS AND LUBRICATORS.

Besley & Co., Charles H., Chicago, 111.
Lackawanna Lubricating Co., Scranton, Pa.

LOCOMOTIVE HEAD LIGHTS.

Greeley. E. S. & Co., New York. N. Y.

National Electric Head Light Co., Indianapolis, Ind.

LOCOMOTIVE HEAD LIGHTS (ELECTRIC).

National Electric Head Light Co., Indianapolis, Ind.

LOCOMOTIVE INJECTORS.

(See Injectors.)

LOCOMOTIVE REPLACERS.

Q. & C. Company, Chicago, 111.
Tilden, B. E., Co., Chicago, 111.

LOCOMOTIVE SPRINGS.

See Car and Locomotive Springs.)

LOCOMOTIVE STAY BOLTS.

Allison Manufacturing Co., Philadelphia, Pa
Ewald Iron Co., St. Louis, Mo.

LOCOMOTIVE STAY BOLT IRON.

(See Stay Bolt Iron.)

LOCOMOTIVE STEAM MUFFLERS.

Shaw, Thomas, M. E., Philadelphia ,"Pa.

LOCOMOTIVE TIRES.

Latrobe Steel Works, Philadelphia. Pa.
Midvale Steel Co., The, Philadelphia Pa
Page, Newell & Co., Boston, Mass.
Prosser, Thomas & Son, New York, N Y
Standard Steel Works, Philadelphia, Pa.

LOCOMOTIVES.

Baldwin Locomotive Works, Philadelphia Pa
Boynton Bicycle Railroad Co., New York, N. Y.
Brooks Locomotive Works, Dunkirk. N. Y.
Cooke Locomotive and Machine Works. Paterson. N.
J.. and New York. N. Y.

Dickson Manufacturing Co., Scranton, Pa.

Gardner, James T.. Chicago, 111.

Grant Locomotive Works, Chicago. 111.

Lima Locomotive & Machine Co.. Lima, O.

Males & Co., A. S., Cincinnati. O.

Manchester Locomotive Works, Manchester, N. H.

and Boston, Mass.

Pittsburgh Loco. & Car Works, Pittsburgh, Pa.
Porter, H. K. & Co., Pittsburgh, Pa.
Portland Co., Portland, Me.
R. I. Locomotive Works. Providence. R. I.
Richmond Loco. & Machine Works, Richmond. Va.
Rogers Loco. & Machine Works, Patersou, N. J.
Schenectady Loco. Works, Schenectady, N. Y.
Shoemaker, A. T., New York. N. Y.
Wharton Railroad Switch Co., Philadelphia, Pa.*

LOCOMOTIVES (SECOND HAND).

Males & Co., A. S., Cincinnati, O.
Shoemaker, A. T., New York, N. Y.

LOGGING CARS.

Gardner, James T., Chicago. 111.

LOGGING LOCOMOTIVES.

Baldwin Locomotive Works, Philadelphia, Pa.

Dickson Manufacturing Co., Scranton, Pa.

Gardner, James T.. Chicago, 111.

Males & Co., A. S., Cincinnati, O.

Pittsburgh Loco. & Car Works, Pittsburgh, Pa.

Porter. H. K. & Co.. Pittsburgh. Pa.

Portland Co., Portland, Me.

Rhode Island Locomotive Works, Providence, R. I.

Richmond Loco. & Machine Works. Richmond, Va.

LUBRICATING OILS.

Besly. Charles H. & Co., Chicago, 111.
Eclipse Lubricating Co., Franklin. Pa.
(ialena Oil Works. Franklin. Pa.
Lackawanna Lubricating Co.. Scranton. Pa.
Signal Oil Works, Franklin, Pa.

LUBRICATORS.

Besly & Co., Charles H., Chicago. 111.
Lackawanna Lubricating Co., Scranton, Pa.
Nathan Manufacturing Co.. New York. N. Y.

LUMBER.

Albro, The E. D. Co., Cincinnati, O.
Eppinger & Russell, New York, N. Y.
Millen; L. R. & Co.. New York. N. Y.
Stillwell, Millen & Co., Savannah, Ga.
Vanderbilt & Hopkins. New York, N. Y.

MACHINERY.

Acme Machinery Co., Cleveland. O.

Bement, Miles & Co., Philadelphia. Pa.

Bentel & Margedant Co., The, Hamilton. O.

Berry & Orton Co., Philadelphia. Pa.

Besly, Charles H. & Co., Chicago. 111.

Bjllings & Spencer Co., The. Hartford. Ct.

Bridgeport Machine Tool Works, Bridgeport. Ct.

Brown & Sharpe Manufacturing Co. .Providence, R.I.

Dickson Manufacturing Co., Scrauton. Pa.

Egan Co., The. Cincinnati. O.

Fay, J. A. & Co., Cincinnati, O.

Ferracute Machine Co.. Bridgeton. N. J.

Forsaith Machine Co., S. C.. Manchester, N. H.

Garvin Machine Co., New York. N. Y.

Gould & Eberhardt, Newark, N. J.

Groton Bridge and Manufacturing: Co., Groton, N. Y.

Jeffrey Manufacturing Co.. Columbus. O.

Long & Ailstatter Co., Hamilton, O.

McCoy. Jos. F. Co., New York. N. Y.

Niles Tool Works. Hamilton, O.

Place, George. New York, N. Y.

Powell Planer Co., Worcester, Mass.

Sellers. William & Co. dncor.t, Philadelphia, Pa.

Shaw, Thomas. M. E., Philadelphia, Pa.

Universal Radial Drill Co., Cincinnati, O.

White. The John A., Co.. Dover, N. H.

Wiley & Russell Manufacturing Co.,Greenfield,Mass

112

National Lock Washer.

THE ONLY POSITIVE NUT LOCK IN COMBINATION WITH ELASTICITY.

Simple,
Easily

Applied

Very

Effective,

Sixty

Millions

in use in

Railroad

For Use
on all

kinds
and

Classes

Track. 1^^ of Work.

Size for 3-4 Inch R. R. Track Bolt.

Used extensively in building Cars and Loco-
motives, doing away entirely
with Jam Nut.

Made for all
sizes of lulls.

A trial is re-
pestefl,

Samples free of
expense.

THE NATIONAL LOCK ffASIEB CO.,

, IsT.

Distinctive merits of the •" Standard " Nut Lock, Condensed:

Fixedness of position— cannot rotate and hammer down threads of bolt.

Cannot get one end into elongated slot of angle-bar.

Unlike any permanently placed, double washer, the Standard is interchangeable regardless, of
distance between bolts.

Cannot be put on wrong side out, as the outward projection of the foct pieces would prevent
the nut being turned up.

Has more spring power directly under the nut than any two ordinary coil nut locks.

Being fixed in position, it offers double the locking friction of nut locks, which when in fh<>ir
dead "set" condition turn back with nut by the vibrative effect of passing train.

We are also manufacturers of D. O. Ward's Patent Clutch Spring Coil Nut Lock, and the
ordinary Single Coil Spring Nut Lock, made from M square steel.

Prices and samples cheerfully furnished to the trade on application.
* Manufactured under D. O. Ward's Patents by the

OO.,

Nos. 236-248 BANK STREET, NEWARK, N. J.

INDEX TO ADVERTISEMENTS.

113

For paiiiii"* *ee "Alphabetical Index to Advertisers," on preceding

87 to 95, Inclusive.

MACHINERY FOR WORKING WOOD.

\Vood Working Machinery.)

MACHINISTS' TOOLS.

Acme Machinery Co., Cleveland, O.

Bass Foundry A: Machine Works. Fort Wayne, Ind.

Bement. Miles & Co., Philadelphia, Pa.

Besly. Charles H. & Co., Chicago, 111.

Billings & Spencer Co., The, Hartford, Ct.

Bridgeport Machine Tool Works, Bridgeport, Ct.

Brown & Sharpe Manufacturing Co., Providence, R.I.

Champion Blower and Forge Co., Lancaster, Pa.

Forsaith Machine Co., S. C., Manchester, N. H.

Garvin Machine Co.. New York, N. Y.

Gould & Eberhardt, Newark. N. J.

McCoy, Jos. F. Co.. New York. X. Y.

National Machinery Co., Tiffin, O.

Niles Tool Works. Hamilton. O.

Place, George, New York. N! Y.

Powell Planer Co., Worcester, Mass.

Sellers. William & Co. (Incor.). Philadelphia. Pa.

Stow Flexible Shaft Co. (Limited), Philadelphia, Pa.

Universal Radial Drill Co.. Cincinnati. O.

Wiley & Russell Manufacturing Co., Greenfield, Mass.

[AGNETO-ELECTRIC ALARM SIGNAL.

Pennsylvania Steel Co., Steelton, Pa.

MAHOGANY.

Albro, The E. D. Co., Cincinnati, O.

MALLEABLE IRON CASTINGS.

Dayton Malleable Iron Co.. Dayton. O.
Flagg, Stanley G. & Co.. Philadelphia. Pa.
So Malleable Iron Co., Chattanooga, Teim.
Sweet & Clark Co., Marion, Ind.

MANGANESE BRONZE.

Crescent Phosphor! zed Metal Co., Philadelphia, Pa.

MERCHANT BAR IRON.

(See Bar Iron.)

METALLIC PAINT.

Iron Clad Paint Co., Cleveland, O.

Joseph Dixon Crucible Co., Jersey City, N. J.

METALLURGICAL ENGINEERS AND CHEMISTS.

Hunt & Clapp, Pittsburgh, Pa.
Hunt, Robert W. & Co., Chicago, 111.

MILLING CUTTERS AND MACHINES.

Brown & Sharpe Manufacturing Co., Providence,R.I.
Garvin Machine Co., New York, N. Y.

MINING CARS.

Buda Foundry & Manufacturing Co., Harvey, 111.

Elliott Car Co., Gadsden, Ala.

Jeffrey Manufacturing Co., Columbus, O.

King, Arthur, Middletown, Pa.

Males & Co., A. S., Cincinnati, O.

Middletown Car Works, Middletown, Pa.

Stuebner & Co., George L., Long Island City, N. Y.

MINING MACHINERY.

Ingersoll-Sergeant Drill Co., New York, N. Y.
Jeffrey Manufacturing Co., Columbus, O.
Mundy, J. S., Newark, N. J.

MINING SECURITIES.

Potter, Charles H. & Co., Cleveland, O.

MOTOR REPLACING FROGS.

Tilden, B. E., Co., Chicago, 111.

MUNICIPAL BONDS.

Barrows, Samuel II., New York, N. Y.

Coffin & Stanton. New York, N. Y.

Fisher & Shaw, Baltimore. Md.

Harris, N. W. & Co., New York and Chicago.

Hayes, W. J. & Sons, Cleveland, O., and New York,

Jenks, Geo. W., Minneapolis, Minn.
Kleybolte, Rudolph & Co., Cincinnati. O.
Lamprecht Bros. & Co., Cleveland, O., and New York,

N. Y.

Middendorf, Oliver & Co., Baltimore, Md
Quigley & Tnttle. New York. N. Y.
White. C H. & Co.. New York, N. Y.

MUSHETS, STEEL.

Jones, B. M. & Co., Boston. Ma->.

NUBIAN PAINTS.

Nubian Iron Enamel Co., Chicago, 111.

NUMBER PLATES (DOOR AND CHAIR).

Robbins, John, Manufacturing Co., Boston, Mass.

NUT LOCKS.

American Nut Lock Co., St. Louis, Mo.
American Railway Supply Co., New York, N. Y.
American Washer and Mfg. Co., Newark, N. J.
Eno Rail Joint Co., Newark, N. J.
Eureka Nut Lock Co., Pittsburgh, Pa.
Fisher Rail Joint Works, Trenton. N. J.
Kansas City Bolt and Nut Co., Kansas City, Mo.
National Lock Washer Co., Newark, N. J.
Prosser, Thomas & Son, Agents, New York. N. Y.
Reading: Bolt and Nut Co. /Reading, Pa.
Sellers, Morris & Co., Chicago. 111.
Standard Nut Lock Co., Newark. N. J.
Sterabergh, J. H. & Son, Reading, Pa.
Upson Nut Co., Cleveland, O.

NUT TAPPERS.

Acme Machinery Co., Cleveland, O.
National Machinery Co., Tiffin, O.

NUTS.

(See Bolts and Nuts.)

OILS.

(See Lubricating Oils.)

ORE BREAKERS.

(See Rock Breakers.)

PAD LOCKS.

Hibbard, Spencer, Bartlett & Co., Chicago, 111.

PAINTS.

Gum Elastic Roofing Co., New York, N. Y.
Iron Clad Paint Co., Cleveland, O.
Joseph Dixon Crucible Co., Jersey City, N. J.
Nubian Iron Enamel Co., The, Chicago, 111.

PAPER FASTENERS (McGiLL).

Holmes, Booth & Haydens, Waterbury, Ct.

PAVING BLOCKS (CREOSOTED).

Eppinger & Russell. New York, N. Y".

Lehigh Valley Creosoting Co., Jersey City, N. J.

PERFECTION VALVE OIL.

Signal Oil Works, Franklin, Pa.

114

INDEX TO ADVERTISEMENTS.

For pagiiigs see "Alphabetical Index to Advertisers," on preceding pages,

87 to 95, Inclusive.

PHONOGRAPHS.

New York Phonograph Co., New York, N. Y.

PHOSPHOR-BRONZE.

Crown Smelting Co., Chester, Pa.
Phosphor-Bronze Smelting Co., Philadelphia, Pa.
Reeves, Paul S., Philadelphia, Pa.

PICKS.

Hibbard, Spencer, Bartlett & Co., Chicago, 111.

PIG IRON.

Allentown Rolling Mills, Philadelphia, Pa.
Bethlehem Iron Co., South Bethlehem, Pa.
Calumet Iron and Steel Co., Chicago. 111.
Carnegie Steel Co. (Limited), The, Pittsburgh, Pa.
Colorado Coal and Iron Co., Pueblo, Col.
Illinois Steel Co., Chicago, 111.
Lone Star Iron Co., Jefferson, Tex.
Means, Kyle & Co., Hanging Rock, O.
Whiton, A. S., New York, N. Y.

PILING.

Millen, L. R. & Co., New York. N. Y. j
Stillwell, Millen & Co., Savannah, Ga.

PILING (CREOSOTED).

Eppinger & Russell, New York, N. Y.

Lehigh Valley Creosoting Co., Jersey City, N. J.

PIPE (CAST IRON).

Allison Manufacturing Co., Philadelphia, Pa.
Colorado Coal and Iron Co., Pueblo, Col.
Donaldson Iron Co., Emaus (Lehigh Co.), Pa.
Jackson & Woodin Manufacturing Co., Berwick, Pa.
Laidlaw & Dunn Co., Cincinnati, O.
Millar, Charles & Son. Utica, N. Y.
Wood, R. D. & Co., Philadelphia, Pa.

PIPE — WROUGHT IRON.

Flagg, Stanley G. & Co., Philadelphia, Pa.

Laidlaw & Dunn Co., Cincinnati, O.

Rochester Bridge and Iron Works, Rochester, N. Y.

PLANERS — IRON.

Bement, Miles & Co., Philadelphia, Pa.

Garvin Machine Co., New York, N. Y.

Gould & Eberhardt, Newark, N. J.

Niles Tool Works, Hamilton, O.

Powell Planer Co., "Worcester, Mass.

Sellers, Wm. & Co.;(Incorporated), Philadelphia, Pa.

PLANERS — WOOD.

(See Wood Working Machinery.)

PNEUMATIC GATES.

(See Crossing Gates.)

PORTABLE DRILLS, EMEHY WHEEL MA-
CHINERY, PULLEY HUB DRILLING TOOLS,
AND TAPPING AND REAMING TOOLS.

Stow Flexible Shaft Co. (Limited), Philadelphia, Pa.

PORTABLE STEAM BOILERS.

Abendroth & Root Mfg. Co., New York, N. Y.

POWER HAMMERS, PUNCHES, AND SHEARS.

Bement, Miles & Co., Philadelphia, Pa.

Dudgeon, Richard, New York, N. Y.

Ferracute Machine Co., Bridgeton, N. J.

Forsaith, S. C., Machine Co., Manchester, N. H.

Groton Bridge & Manufacturing Co., Groton, N. Y.

Long & Allstatter Co., Hamilton, O.

McCoy, Jos. F. Co., New York, N. Y.

Sellers, Wm. & Co. (Incorporated), Philadelphia, Pa.

POWER PRESSES.

Ferracute Machine Co., Bridgeton, N. J.

PRESSED STEEL.

Schoeii Manufacturing Co., Pittsburgh, Pa.

PRESSURE GAUGES — MERCURY.
Shaw, Thos., M. E., Philadelphia, Pa.

PROSPECTING DRILLS.

Bullock, M. C., Manufacturing Co., Chicago, 111.

PUBLICATIONS.

Age of Steel, St. Louis. Mo.
Coal Trade Journal, New York, N. Y.
Roman's Publishing Co., New York, N. Y.
Manufacturers' Record Co., Baltimore. Md.
National Car & Loco. Builder. New York, N. Y.
Nat. Car & Loco. B'lder, Supplem'nt, New York. N . Y.
New England Publishing Co., Boston, Mass.
Putnam's, G. P., Sons, New York, N. Y.
Railway World Publishing Co., Philadelphia, Pa.

Rails STEEL, all sections, joints and spikes, frogs, crossings, switches,
car pile drivers, steam shovels, etc., for shipment to all parts United
States, Canada, Mexico, Central America, South America and West
Indies.

Correspondence solicited. Consult our card under proper headings
in classified index for anything ^vanted.

INDEX TO ADVERTISEMENTS.

115

For paiilii»> *«•«• " Alphabetical Index to Advertisers," on preceding pages*

87 to 95, IncliiNive.

Rand. McNally & Co., Chicago, 111.
Scientific American. The, New York, N. Y.
Scribner's, Charles, Sons, New York. N. Y.
Traveller's Official Guide, The, New York, N. Y.

PUMPS.

( 'layton Air Compressor Co., New York, N. Y.

UidJaw A: Dunn Co., Cincinnati, O.

Place. Geo.. New York. N. Y.

Wells Steam Pump Works. F. C., Chicago, 111.

Wood, R. D. & Co., Philadelphia, Pa.

PUNCHES AND SHEARS.

(See Power Hammers, Punches, and Shears.)

PUSH CARS.

Buda Foundry & Manufacturing Co., Harvey, 111.
Mount Vernon Car Mfg. Co., Mount Vernon, 111.
Sheffield Car Co., Three Rivers, Mich.
Stuebner & Co., Geo. L., Long Island City, N. Y.

RADIAL DRILLS.

Universal Radial Drill Co., Cincinnati, O.

RAIL BENDERS — ROLLER.

Pettibone, Mulliken & Co., Chicago, 111.

RAIL BRACES.

Continuous Rail Joint Co. of America, Newark, N. J.

Eno Rail Joint Co., Newark, N. J.

Fisher Rail Joint Co., Trenton, N. J.

New York Frog and Switch Co., Hoboken, N. J.

Pettibone, Mulliken & Co., Chicago, 111.

RAIL CROSSINGS.

(See Crossings, Railroad.)

RAIL FASTENINGS.

Allentown Rolling Mills, Philadelphia, Pa.

American Nut Lock Co., St. Louis. Mo.

American

American asher and Mfg. . .

Colorado Coal and Iron Co., Pueblo, Col.

Continuous Rail Joint Co. of America, Newark, N. J.

Eno Rail Joint Co., Newark, N. J.

Eureka Nut Lock Co., Pittsburgh, Pa.

Fisher Rail Joint Works, Trenton, N. J

Illinois Steel Co., Chicago, 111.

Kansas City Bolt and Nut Co.. Kansas City Mo

Males & Co., A. S., Cincinnati, O.

National Lock Washer Co., Newark, N. J

Otis Bolt Rail Joint, Trenton, N. J.

Page, Newell & Co., Boston, Mass.

Pettibone. Mulliken & Co., Chicago, 111.

Prosper, Thos. & Sons, New York, N. Y.

§. & C. Co., Chicago, 111.
eading Bolt & Nut Works, Reading, Pa.
Sellers. Morris & Co., Chicago. Ill
Shoemaker. A. T.. New York. N. Y.
Springfield Iron Co., Springfield, 111.
Standard Nut Lock Co.. Newark. N. J.
Sternbergh & Sons. J. H., Reading, Pa.
Tredegar Co., The, Richmond. Va.
Tudor Iron Works, St. Louis, Mo.
Upson Nut Co., The, Cleveland. O
Whiton, A. S., New York, N. Y.

RAIL FROGS— TRUSS.

Pettibone, Mulliken & Co., Chicago, 111.

RAIL JOINTS.

Continuous Rail Joint Co. of America, Newark, N J
Eno Rail Joint Co., Newark, N. J
Fisher Rail Joint Works, Trenton, N. J.

Nut Lock Co., St. Louis. Mo.
Railway Supply Co., New York, N. Y.
Washer and Mfg. Co., Newark. N. J.

RAILS (IRON^AND'STEEL).

^Etna Iron and Steel Co., Bridgeport, O.
Allentown Rolling Mills, Philadelphia. Pa.
Bethlehem Iron Co., South Bethlehem. Pa.
Cambria Iron Works, Johnstown and Phila., Pa.
Carnegie Steel Co., Limited, The, Pittsburgh, Pa.
Colorado Coal and Iron Co., Pueblo, Col.
Fuller Bros. & Co., New York. N. Y.
Gardner, James T., Chicago. 111.
Illinois Steel Co , Chicago, 111.
Males & Co., A. S.. Cincinnati. O.
Page, Newell & Co., Boston. Mass.
Pennsylvania Steel Co., Steelton, Pa.
Pettibone. Mulliken & Co., Chicago, 111.
Prosser, Thos. & Sons, Agts., New York. N. Y.
Shoemaker. A. T.. New Vork. N. Y.
Springfield Iron Co., Springfield, 111.
Tudor Iron Works, St. Louis, Mo.
Whiton, A. S., Agent, New York, N. Y.

RAILROAD BUILDERS.

Bucyrus Steam Shovel and Dredge Co., Bucyrus.O.
Gerry & Co., Alston. New York, N. Y.
Remington & Co.. Chicago, 111.
Toledo Foundry and Mach. Co.. Toledo, O.

RAILROAD CASTINGS.

Allentown Rolling Mills, Philadelphia. Pa.

Bass Foundry and Mach. Wks.. Ft. Wayne, Ind.

Bass, J. H., Chicago, 111.

Bowler & Co., Cleveland, O.

Brooks Locomotive Works, Dunkirk. N. Y.

Buda Foundry and Manufacturing Co., Harvey, III.

Cambria Iron Co., Philadelphia and Johnstown. Pa.

Carlisle Manufacturing Co.. Carlisle. Pa.

Chester Steel Castings Co., Philadelphia. Pa.

Cleveland Foundry, Cleveland, O.

Crown Smelting Co.. Chester. Pa.

Dickson Manufacturing Co.. Scranton. Pa.

Donaldson Iron Co.. Emaus tLehigh Co.). Pa.

Ensign Manufacturing Co.. Huntington. W. Va.

Gloucester Iron Works, Philadelphia, Pa.

Harrisburg Car Manufacturing Co., Harrisburg, Pa.

Harvey Steel Car Co.. Chicago. 111.

Jackson & Wopdin Manufacturing Co.. Berwick, Pa.

Lima Locomotive and Machine Co., Lima, O.

Lobdell Car Wheel Co., Wilmington, Del.

Madison Car Co.. Madison, 111.

Maher & Brayton, Cleveland, O.

Manchester Locomotive Works, Manchester. N. H..

and Boston. Mass.
Michigan Car Co.. Detroit, Mich.
Midvale Steel Co.. The. Philadelphia, Pa.
Mt. Vernon Car Manufacturing Co., Mt. Vernon, 111.
Pardee Car and Machine Works, Watsontown. Pa.
Pittsburgh Locomotive & Car Wks., Pittsburgh, Pa.
Prosser. Thos. & Sons. New York, N Y.
Reeves, Paul S.. Philadelphia. Pa.
Ross-Meehan Brake Shoe Foundry Co., Chattanooga,

Tenn.

Southern Malleable Iron Co.. Chattanooga, Tenn.
Standard Steel Works, The, Philadelphia, Pa.
St. Louis Car Wheel Co., St. Louis. Mo.
Sweet & Clark Co., Marion, Ind.
Terre Haute Car Manufacturing Co., Terre Haute, Ind
Wason Manufacturing Co.. Springfield, Mass.
Whitney. A. & Sons. Philadelphia, Pa.
Wood, R. D. & Co., Philadelphia, Pa.

RAILROAD CASUALTIES INSURANCE.

(Sej Accident Insurance.)

RAILROAD EQUIPMENT.

(See Equipment, RRd.)

RAILROAD SUPPLIES.

Acme Machinery Co., Cleveland, O.
Allentown Rolling Mills, Philadelphia. Pa.
Allison Manufacturing Co., Philadelphia. Pa.
American Railway Supply Co., New York. N. Y.
(Continued on the next page.)

116

INDEX TO ADVERTISEMENTS.

For pagings see '* Alphabetical Index to Advertisers," 011 preceding pages,

87 to 95, inclusive.

Besly, Charles H. & Co., Chicago, 111.

Bowler & Co., Cleveland, O.

Buda Foundry and Manufacturing Co., Hanrey, 111.

Carlisle Manufacturing Co., Carlisle, Pa.

Chester Steel Castings Co., Philadelphia, Pa.

Cleveland Foundry, Cleveland, O.

Colorado Coal and Iron Co., Pueblo, Col.

Crescent Phosphorized Metal Co., Philadelphia, Pa.

Crown Smelting Co., Chester, Pa.

Eureka Nut Lock Co., Pittsburgh, Pa.

Flagg, Stanley G. & Co., Philadelphia, Pa.

Garvin Machine Co., New York, N. Y.

Greeley, E. S. & Co.. New York, N. Y.

Hyde Bros. & Co., Pittsburgh, Pa.

Iron City Tool Works, Pittsburgh, Pa.

Kansas City Bolt and Nut Co., Kansas City, Mo.

Laidlaw & Dunn Co., Cincinnati, O.

Males & Co., A. S., Cincinnati, O.

McCoy, Jos. F., Co., New York, N. Y.

Mundy, J. S., Newark, N. J.

National Machinery Co., Tiffin, O.

Northwestern Land & Coal Co., Boston and Chicago.

Pennsylvania Steel Co., Steelton, Pa.

Pettibone, Mulliken & Co., Chicago, 111.

Place, George, New York, N. Y.

Poage, John N., 'Cincinnati, O.

Port Chester Bolt and Nut Co., Port Chester, N. Y.

Q. and C. Company, Chicago, 111.

Reading Bolt and Nut Works, Reading, Pa.

Ross-Meehan Brake Shoe Foundry Co., Chattanooga,

Tenn.

Sheffield Car Co., Three Rivers, Mich.
Shoemaker, A. T., New York, N. Y.
Springfield-Iron Co., Springfield, 111.
Sternbergh & Sons, J. H., Reading, Pa.
Stewart & Mattson Mfg. Co., Philadelphia, Pa.
Tilden, B. E., Co., Chicago, III.
Tredegar Co., Richmond, Va.
Tudor Iron Works St. Louis, Mo.
Upson Nut Co., The, Cleveland, O.
Wharton Railroad Switch Co., Philadelphia, Pa.
Whiton, A. S., New York, N. Y.

RAILROAD TIES.

Eppinger & Russell, New York, N. Y.
Lehigh Valley Creosoting Co., Jersey City, N. J.
Millen, L. R. & Co., New York, N. Y.
Stillwell, Millen & Co., Savannah, Ga.
Vanderbilt & Hopkins, New York, N. Y.

RAILROAD TRACK TOOLS.

Iron City Tool Works, Pittsburgh, Pa.

RAMPS.

Tilden, B. E., Co., Chicago, 111.

RATCHET DRILLS.

Billings & Spencer Co., The, Hartford, Ct.

RATTLERS, FOUNDRY.

Brown & Sharpe Mfg. Co., Providence, R. I.

EEAL ESTATE.

Southack, Frederick, New York, N. Y.

REAMERS. •

Wiley & Russel Mfg. Co., Greenfield, Mass. :

REFRIGERATOR OARS.

(See Car Builders.)

RELAYING OLD RAILS.

Males, A. S., & Co., Cincinnati, O.J

REMINGTON STANDARD TYPEWRITER.

Wyckoff, Seamans & Benedict, New York, N. Y.

RERAILING FROGS.

Tilden, B. E., Co., Chicago, 111.
RIVETS.

Allentown Rolling Mills, Philadelphia, Pa.

Fuller Bros. & Co., New York, N. Y.

Greeley, E. S. & Co., New York, N. Y.

Hendricks Bros., New York, N. Y.

Kansas City Bolt and Nut Co., Kansas City, Mo.

New Jersey Steel & Iron Co., Trenton, N. J.

Passaic Rolling Mill Co., Paterson, N. J.

Port Chester Bolt and Nut Co., Port Chester, N. Y.

Plume & Atwood Mfg. Co., Waterbury, Ct.

Reading Bolt and Nut Works, Reading, Pa.

Sternbergh, J. H. & Sons, Reading, Pa.

Upson Nut Co., The, Cleveland, O.

RIVET HEADERS.

Acme Machinery Co., Cleveland, O.
National Machinery Co., Tiffin, O.

ROAD MASTER'S CARS.

Buda Foundry and Manufacturing Co., Harvey, 111.
Sheffield Car Co., Three Rivers, Mich.

ROCK BREAKERS.

Farrell Foundry and Machine Co., Ansonia, Ct.
Gates Iron Works, Chicago, 111.

ROCK DRILLS. •

Bullock, M. C., Manufacturing Co., Chicago, 111.
Clayton Air Compressor Co., New York, N. Y.
Ingersoll-Sergeant Drill Co., New York, N. Y.

ROLLING MILLS.

^Etna Iron and Steel Co., Bridgeport, O.
Allentown Rolling Mills, Philadelphia, Pa.
Bethlehem Iron Co., South Bethlehem, Pa.
Calumet Iron and Steel Co., Chicago, 111.
Cambria Iron Works, Philadelphia and Johnstown,

Pa.

Carnegie Steel Co.., Limited, The, Pittsburgh, Pa.
Colorado Coal and Iron Co., Pueblo, Col.
Ewald Iron Co., St. Louis, Mo.
Illinois Steel Co., Chicago, 111.
Latrobe Steel Works, Philadelphia, Pa.
Lockhart Iron and Steel Co., Pittsburgh, Pa.
Passaic Rolling Mill Co.. Paterson, N. J.
Pennsylvania Steel Co., Steelton, Pa.
Phoenix Bridge Co., Philadelphia, Pa.
Pottstown Iron Co., Pottstown, Pa.
Sellers, Morris & Co.. Chicago, 111.
Shoenberger & Co., Pittsburgh, Pa.
Spang Steel and Iron Co., Pittsburgh. Pa.
Springfield Iron Co., Springfield, 111.
Tennessee Rolling Mills, Louisville, Ky.
Tudor Iron Works, St. Louis, Mo.
Washburn & Moen Mfg. Co.. Worcester, Mass.

N. Y,

ROOFS.

Boston Bridge Works. Boston. Mass.

Groton Bridge and Manufacturing Co., Groton,

Gum Elastic Roofing Co., New York, N. Y.

New Jersey Steel and Iron Co., Trenton, N. J.

Passaic Rolling Mill Co., Patersou, N. J.

Phoenix Bridge Co., Philadelphia. Pa.

Rochester Bridge and Iron Works, Rochester, N. Y.

Shiffler Bridge Co., Pittsburgh. Pa.

Wilson Bros. & Co., Philadelphia, Pa.

Wood, R. D. & Co.. Philadelphia. Pa.

INDEX TO ADVERTISEMENTS.

117

For psini it-- see " Alphabetical Index to Advertisers," on preceding pages,

87 to 95, inclusive.

ROOFING (IRON AND STEEL).

fe, Wm. B. & Sons, Pittsburgh, Pa.
Shiftier Bridge Co.. Pittsburgh, Pa.

' HOOFING PAINTS.

Gum Elastic Roofing Co.. New York. N. Y.
Joseph Dixon Cruciole Co., Jersey City, N. J.

ROTATING WATER CRANES.

Laidlaw & Dunn Co.. Cincinnati, O.
Sheffield Car Co., Three Rivers. Mich.

BOUND HOUSES.

Shiffler Bridge Co., Pittsburgh, Pa.

SAFETY GUARDS.

Tilden, B. E., Co., Chicago, 111.

.SCREW, AND SCREW SLOTTING MACHINES.

Bridgeport Machine Tool Works, Bridgeport, Ct.
Brown & Sharpe Manufacturing Co.. Providence, R.I.
Garvin Machine Co., New York, N. Y

SCREW JACKS.

(See Jacks.)

SCREW PLATES AND DIES.

Wiley & Russel Manufacturing Co., Greenfield, Mass.

SEALS. SEAL LOCKS, AND SEALING PRESSES.

(See Car Seals.)

SEAMLESS TUBING.

Besly, Charles H. & Co., L nicago, 111.
Coe Brass Manufacturing Co.. Torringtoii. Ct.
Holmes, Booth & Haydens, Waterbury, Ct.
Phosphor-Bronze Smelting Co., Philadelphia. Pa.
Prosser, Thomas & Son, New York, X. Y.

SECOND-HAND MACHINERY.

Place. George, New York, N. Y.

SECOND-HAND ROLLING STOCK.

Males, A. S. & Co., Cincinnati, O.

SELF-DUMPING HOISTING TUBS

(STEEL AND IRON.)

Stuebner & Co., George L., Long Island City, N. Y.

SEMAPHORE SIGNALS

(OPERATED ELECTRICALLY.)

(See Signals.)

SHEARLNG MACHINES.

(See Power Hammers, Punches, and Shears.)

SIGNALS.

Allentown Rolling Mills, Philadelphia, ra.
Electric Secret Service Co., New York. N. Y.
Hall Signal Co.. New York and Chicago.
Pennsylvania Steel Co..Steelton. Pa.
Pettibone, Mulliken & Co., Chicago, 111.
Weir Frog Co., Cincinnati. O.
Wharton Railroad Switch Co., Philadelphia, Pa.

SMOKE CONSUMER.

Northwestern Land & Coal Co., Boston & Chicago.

SNOW PLOWS (STEAM).

Leslie Bros. Mfg. Co. (The Rotary), Paterson, N. J.

SPECIAL TOOLS.
Shaw, Thomas, M. E., Philadelphia, Pa.

SPELTER.

Hendricks Brothers, New York, N. Y.

SPIEGEL-ElSEN.

Carnegie Steel Co. (Limited), The, Pittsburgh, Pa.
Illinois Steel Co., Chicago, 111.

SPIKES— RB.

Allentown Rolling Mills, Philadelphia, Pa.
Colorado Coal and Iron Co., Pueblo, Col.
Fuller Bros. & Co., New York, N. Y.
Gieeley, E. S. & Co., New York, N. Y.
Males & Co., A. S., Cincinnati. O.
Pase, Newell & Co., Boston, Mass.
Pettibone, Mulliken & Co., Chicago, 111.
Pottstown Iron Co., Pottstown, Pa.
Q. & C. Co., Chicago, 111.
Shoemaker. A. T.. New York. N. Y
Tredegar Co., The. Richmond, Va.
Tudor Iron Works, St. Louis, Mo.
Whiton, A. S., New York, N. Y.

SPIRAL RIVETED WATER PIPE.

Abendroth & Root4Mfg. Co., New York, N. Y.

SPLICE BARS.

Calumet Iron and Steel Co.. Chicago, 111.
Greeley. E. S. & Co., New York, N. Y.
Males & Co., A. S., Cincinnati, O.
Page, Newell & Co., Boston. Mass.
Pettibone, Mulliken & Co.. Chicago, 111.
Shoemaker. A. T.. New York. N. Y.
Springfield Iron Co., Springfield, 111.
Tudor Iron Works, St. Louis, Mo.

SPLIT SWITCHES.

Pettibone. Mulliken & Co.. Chicago, 111.
Wharton Railroad Switch Co., Philadelphia, Pa.

STAND PIPES.

(See Water Columns and Cranes.)

STAVES.

^Standard Stave and Cooperage Co., Boston. Ma**.

STAY BOLT IRON, HOLLOW AND SOLID.

Ewald Iron Co.. St. Louis. Mo.
Fuller Bros. & Co., New York. N. Y.
Lockhart Iron and Steel Co., Pittsburgh, Pa. ;

STAY BOLTS.

Allison Manufacturing Co., Philadelphia, Pa.
Ewald Iron Co., St. Louis, Mo.

STEAM FITTINGS.

Laidlaw & Dunn Co., Cincinnati, O.

STEAM GAUGES.

Greeiey, E. S. & Co., New York, N. Y.
Laidlaw & Lmnn Co., Cincinnati, O.

I STEAM HAMMERS.

(See Power Hammers, Punches, and Shears.)

118

INDEX TO ADVERTISEMENTS.

For pagiiigs see "Alphabetical Index to Advertisers," on preceding

87 to 95, inclusive.

STEAM MOTORS.

Baldwin Locomotive Works, Philadelphia, Pa.
Males & Co., A. S., Cincinnati, O.

STEAM SHOVELS.

Bucyrus Steam Shovel and Dredge Co., BiiC3rrus, O.

Males & Co., A. S., Cincinnati, 0.

Shoemaker, A. T.. New York, N. Y.

Toledo Foundry and Machine Co., Toledo, O.

STEEL BARB FENCING.

Washburn & Moen Mfg. Co., Worcester, Mass.
Western Fence Co., Chicago, 111.

STEEL AND IRON CAR BUILDERS.

Harvey Steel Car and Kepair Works, Chicago, 111.
Iron Car Equipment Co., New York, N. Y.

STEEL CAR WHEELS.

Boies Steel Wheel Co., Scranton, Pa.
Washburn Car Wheel Co., Hartford, Ct.

STEEL CASTINGS AND FORGINGS.

Cambria Iron Co., Philadelphia and Johnstown, Pa.
Carnegie Steel Co. (Limited), Pittsburgh, Pa.
Chester Steel Castings Co., Philadelphia, Pa.
Flagg, Stanley G. & Co., Philadelphia, Pa.
Midvale Steel Co., The, Philadelphia, Pa.
Pennsylvania Steel Co., Steelton, Pa.
Prosser, Thomas & Son, New York, N. Y.
Standard Steel Works, Philadelphia, Pa.

STEEL CENTRE PLATES.

Schoen Manufacturing Co., Pittsburgh, Pa.

STEEL FITTINGS.
Flagg, Stanley G. & Co., Philadelphia, Pa,

STEEL FORGINGS.

(See Steel Castings and Forgings.)

STEEL MANUFACTURERS.

^Etna Iron and Steel Co., Bridgeport, O.
Allentown Rolling Mills, Philadelphia, Pa.
Bethlehem Iron Co., South Bethlehem, Pa,
Calumet Iron and Steel Co., Chicago, 111.
Cambria Iron Co., Philadelphia and Johnstown, Pa.
Carnegie Steel Co. (Limited), The, Pittsburgh, Pa.
Chester Steel Castings Co., Philadelphia, Pa.
Colorado Coal and Iron Co., Pueblo, Col.
Colville & Sons, David, New York, N. Y.
Douglass, George B., New York, N. Y.
Ewald Iron Co., St. Louis, Mo.
Illinois Steel Co., Chicago, 111.
Jessop, William & Sons, New York, N. Y.
Jones, B. M. & Co., Boston, Mass.
Latrobe Steel Works, Philadelphia, Pa.
Lockhart Iron and Steel Co., Pittsburgh, Pa.
Midvale Steel Co.. The. Philadelphia, Pa.
Pennsylvania Steel Co., Steelton, Pa.
Prosser, Thomas & Son, New York, N. Y.
Schoen Manufacturing Co., Pittsburgh, Pa.
Schoenberger & Co., Pittsburgh, Pa.
Spang Steel andiron Co., Pittsburgh, Pa.
Springfield Iron Co., Springfield, 111.
Standard Steel Works, Philadelphia, Pa.
Washburn & Moen Mfg. Co., Worcester, Mass.

STEEL RAILS.

(See Rails, Iron and Steel.)

STEEL ROOFING.

(See Roofing, Iron and Steel.)

STEEL TIRED CAR WHEELS.

Boies Steel Wheel Co., Scranton, Pa.
Bowler & Co., Cleveland, O.
Cleveland Foundry. Cleveland, O.
Lobdell Car Wheel Co., Wilmington, Del.
Page, Newell & Co., Boston, Mass.
Prosser, Thomas & Son, New York, X. Y.
Taylor Iron and Steel Co., High Bridge, N. J.
Washburn Car Wheel Co., Hartford, Ct.
Whitney, A. & Sons, Philadelphia, Pa:

STEEL TIRES.

Cambria Iron Co., Philadelphia and Johnstown, Pa.
Chester Steel Castings Co., Philadelphia, Pa.
Greeley & Co., K. S., New York, N. Y.
Latrobe Steel Works, Philadelphia, Pa.
Lobdell Car Wheel Co., Wilmington, Del.
Midvale Steel Co., Philadelphia, Pa.
Page, Newell & Co., Boston, Mass.
Prosser, Thomas & Son, New York, N. Y.
Standard Steel Works, Philadelphia, Pa.
Washburn Car Wheel Co., Hartford, Ct.

STEEL WIRE.

Cambria Iron Co., Philadelphia and Johnstown, Pa.

Carnegie Steel Co. (Limited), The, Pittsburgh, Pa.

Fuller Bros. & Co., New York, N. Y.

Hazard Manufacturing Co., Wilkesbarre, Pa.

Illinois Steel Co., Chicago, 111.

Washburn & Moen Mfjr. Co., Worcester, Mass.

STOCKS AND DIES.

Champion Blower and Forge Co., Lancaster, Pa.
Wiley & Russel Mfg. Co., Greenfield, Mass.

STONE CHANNELLING MACHINES.

Ingersoll-Sergeant Drill Co., New York, N. Y.

STRAIGHT EDGES.

Brown & Sharpe Mfg. Co., Providence, R. I.

STREET CAR REPLACERS.

Tilden, B. E., Co., Chicago, 111.

STREET RAILS.

Carnegie Steel Co. (Limited), Pittsburgh, Pa.
Illinois Steel Co., Chicago, 111.
Males & Co., A. S., Cincinnati, O.
Shoemaker, A. T., New York, N. Y.

STREET RAILROAD CONTRACTOR.

Saxton, E., Washington, D. C.

STRUCTURAL IRON AND STEEL.

Allentown Rollins Mills, Philadelphia, Pa.

Bethlehem Iron Co., South Bethlehem, Pa.

Boston Bridge Works, Boston, Mass.

Carnegie Steel Co. (Limited), The, Pittsburgh, PH.

Colorado Coal and Iron Co., Pueblo, Col.

Colville & Sons, David, New York, N. Y.

Dickson Manufacturing Co., Scranton, Pa.

Douglas, George B., New York, N. Y.

Groton Bridge and Manufacturing Co., Groton, N. ^

Illinois Steel Co., Chicago, 111.

New Jersey Steel and Iron Co., Trenton, N. J,

Passaic Rolling Mill Co., Paterson, N. J.

Phoenix Bridge Co., Philadelphia, Pa.

Rochester Bridge and Iron Co., Rochester. N. Y.

Scaife & Sons, William B., Pittsburgh, Pa.

Shiffler Bridge Co., Pittsburgh, Pa.

Springfield Iron Co., Springfield, 111.

SURETY BONDS.

Fidelity and Casualty Co., New York, N. Y.
Guarantee Co. of North America, Montrenl, Can.
Trust Co. of North America, Philadelphia, Pa.

INDEX TO ADVERTISEMENTS.

119

wee " Alpliabetleal Index to AdvertiwerM," on preeedliiir paires,
S? to 93, iiioliiaive.

ACE PLATES.

vn& Sharpe Mfg. Co., Providence, R. I.
SWEDISH ( NORWAY) IRON.

I'age. Nt'wrll A: Co., Boston, Mass.

SWITCHES.

•Allentown Rolling Mills, Philadelphia. Pa.
Buda Foundry and Manufacturing Co., Harvey, 111.
Carlisle Manufacturing Co.. Carlisle. Pa.
Elliot Frog and Switch Co., East St. Louis, 111.
Hall Signal Co.. New York and Chicago.
Kansas Switch and Frog Co., Kansas City. Mo.
Lobdell Car Wheel Co., Wilmington, Del.
Males ^ Co.. A. S., Cincinnati, O.
Pennsylvania Steel Co., Steelton, Pa.
Pettibone, Mulliken & Co., Chicago, 111.
Q. & C. Co.. Chicago. 111.
Sheffield Car Co., three Rivers, Mich.
Shoemaker. A. T., New York. N. Y.
Wason Manufacturing Co., Springfield, Mass.
Weir Frog Co.. Cincinnati, O.
Wharton Railroad Switch Co., Philadelphia, Pa.

SWITCHES, AUTOMATIC — " CUT OUT."

Sheffield Car Co., Three Rivers, Mich.

SWITCH FIXTURES.

Buda Foundry and Manufacturing Co., Harvey, 111.
Bowler & Co., Cleveland, O.
Cleveland Foundry, CleveJand, O.
Pettibone. Mulliken & Co., Chicago. 111.
Sheffield Car Co., Three Rivers, Mich.
Weir Frog Co., Cincinnati, O.

SWITCH LAMPS.

Greeley, E. S. & Co., New York, N. Y.
SWITCH LOCKS.

Greeley, E. S. & Co., New York, N. Y.
Stewart & Mattson Mfg. Co., Philadelphia, Pa.

SWITCH STANDS.

Bowler & Co., Cleveland, O.

Buda Foundry and Manufacturing Co., Harvey. 111.

Cleveland Foundry. Cleveland, O.

Elliot Frog and Switch Co., East St. Louis, 111.

Pennsylvania Steel Co., Steelton, Pa.

Pettibone, Mulliken & Co., Chicago, 111.

Weir Frog Co., Cincinnati, O.

TAILORS' YORKSHIRE IRON.

Jones, B. M. & Co., Boston, Mass.

TANKS.

Brooks Locomotive Works, Dunkirk, N. Y.
Harrisburg Car Manufacturing Co., Harrisburg, Pa.
Pittsburgh Locomotive & Car Works, Pittsburgh, Pa.
Rhode Island Locomotive Works. Providence, R. I.
Standard Stave and Cooperage Co., Boston, Mass.

TANK PLATES.

Carnegie Steel Co. (Limited). Pittsburgh, Pa.
Colville & Sons, David, New York. N. Y.
Douglas, George B., New York. N. Y.
Lockhart Iron and Steel Co., Pittsburgh, Pa.
Pottstown Iron Co., Pottstown, Pa.
Shoenberger & Co., Pittsburgh, Pa.

TANK VALVES.

%

Laidlaw & Dunn Co., Cincinnati, O.
Poage, John N., Cincinnati, O.

TAPS, DIES. AND TAP WRENCHES.

Wiley & Rnssel Mfg. Co., Greenfield, Mass.

TELEGRAPH AND TELEPHONE WIRE.

Bridgeport Brass Co., Bridgeport, Ct.
Washburn & MoenMfg. Co., Worcester, M;i-~

TEST PUMPS.
Shaw, Thomas, M. E., Philadelphia, Pa.

THREE-WHEELED CARS.

Sheffield Car Co., Three Rivers, Mich.

TICKET CASES.

American Railway Supply Co., New York, N. Y.

TIE PLATES.
Q, & C. Co., Chicago, 111.

TIMBER.

(See Lumber.)

TIME AND TOOL CHECKS.

John Robbins Manufacturing Co., Boston, Mass.

TIN PLATES.

Hibbard, Spencer, Bartlett & Co., Chicago. 111.

TOOL GRINDERS.

Brown & Sharpe Manufacturing Co., Providence, R. I.

TOOL STEEL.

Jessop, William & Sons, New York, N. Y.

TOOLS FOR RAILROAD REPAIR SHOPS.

Acme Machinery Co., Cleveland, O.

Allison Manufacturing Co., Philadelphia, Pa.

Brown & Sharpe Mfg. Co., Providence, R. I.

Egan Co., The, Cincinnati, O.

Fay, J. A. & Co., Cincinnati, O.

Forsaith Machine Co., S. C.. Manchester, N. II.

National Machinery Co., Tiffin, O.

Power Planer Co., Worcester, Mass.

Stow Flexible Shaft Co., Philadelphia. Pa.

White, The John A., Co., Dover. N. H.

Wiley & Russel Mfg. Co., Greenfield, Mass.

TRACK CHAIRS.

Pettibone, Mulliken & Co., Chicago, 111.

TRACK DRILLS.
Pettibone, Mulliken & Co., Chicago, 111.

TRACK JACKS.
(See Jacks.)

TRACK SUPPLIES.

Pettibone, Mulliken & Co., Chicago, 111.
Wharton Railroad Switch Co., Philadelphia, Pa.

TRAIN SHEDS.

Shiffler Bridge Co., Pittsburgh, Pa.

120

INDEX TO ADVERTISEMENTS.

For pagings see "Alphabetical Index to Advertisers," on preceding pages,!

87 to 95, inclusive.

TRANSFER AND TURN TABLES.

Allentown Rolling Mills, Philadelphia, Pa.

Boston Bridge Works, Boston, Mas*.

Bowler &Co., Cleveland, O.

Cleveland Foundry, Cleveland, O.

Greenleaf Turntable Mfg. Co., Indianapolis, Ind.

Groton Bridge and Manufacturing Co., Groton, N. Y.

Lobdell Car Wheel Co., Wilmington. Del.

Males & Co., A. S., Cincinnati, O.

Passaic Rolling Mill Co., Paterson, N. J.

Phoenix Bridge Co., Philadelphia, Pa.

Rochester Bridge and Iron Works, Rochester, N. Y.

Sellers, Wm. <fc Co. (Incorporated), Philadelphia, Pa.

Shiffler Bridge Co., Pittsburgh, Pa.

TROLLEY WIRE.

Bridgeport Brass Co., Bridgeport, Ct
Wasnburn & Moen Mfg. Co., Worces

Worcester, Mass.
TRUCKS— RR. AND WAREHOUSE.

Buda Foundry and Manufacturing Co., Harvey, 111.
Sheffield Velocipede Car Co., Three Rivers, Mich.

TRUST COMPANIES.

Central Trust Co., New York, N. Y.

Continental Trust Co., New York, N. Y.

Farmers.' Loan and Trust Co., New York, N. Y.

Guarantee Co. of North America, Montreal, Can.

Holland Trust Co., New York, N. Y.

Manhattan Trust Co., New York, N. Y.

Metropolitan Trust Co., New York, N. Y.

New York Guarantee and Indemnity Co., New York.

St. Louis Trust Co., St. Louis, Mo.

State Trust Co., New York, N . Y.

Trust Co. of North America, Philadelphia, Pa.

United States Trust Co. of Kansas City, Mo.

United States Trust Co., New York, N. Y.

Washington Trust Co., New York, N. Y.

TUBES.

Allison Manufacturing Co., Philadelphia, Pa.
Holmes, Booth & Haydens, Waterbury, Ct.
Prosser, Thomas & Son, New York, N. Y.

TUBE EXPANDERS.

Prosser, Thomas & Son, New York, N. Y.

TUBE EXPANDERS — ROLLER.

Besly & Co., Charles H., Chicago, 111.
Dudgeon, Richard, New York, N. Y.

TUNNELLING MACHINERY.

Bullock Manufacturing Co., M. C., Chicago, 111.
Clayton Air-Compressor Co., New York, N. Y.
Ingersoll-Sergeant Drill Co., New York, N. Y.

TURN BUCKLES.

Shoemaker, A. T., New York, N. Y.
Upson Nut Co., Cleveland, O.

TYPEWRITERS.

Densmore Typewriter Co., New York, N. Y.
Wyckoff, Searnans & Benedict, New York, N. Y.

UNIFORM CLOTHS.

Burlington Woolen Co.. New York, and Boston, Mass.
Sawyer Manning & Co., New York, and Boston, Mass.

UNIFORM (RR.) SUPPLIES.

American Railway Supply Co., New York, N. Y.
Burlington Woolen Co., New York, and Boston, Mass.
Sawyer Manning & Co., New York, and Boston, Mass.

VACUUM BRAKES.

Eames Vacuum Brake Co., New York, N. Y.

VALVES.

Donaldson Iron Co., Emaus, Lehigh Co., Pa.
Laidlaw & Dunn Co., Cincinnati, O.
Millar, Charles & Son, Utica, N. Y.
Poage, John N., Cincinnati, O.
Wood, R. D. & Co., Philadelphia, Pa.

VALVE OILS.

(See Lubricating Oil.)

VARNISHES.

Nassau. James, Philadelphia, Pa.
Nubian Iron Enamel Co., Chicago. 111.

VELOCIPEDE CAR MANUFACTURERS. •

Bnda Foundry Manufacturing Co., Harvey, III.
Sheffield Car Co., Three Rivers, Mich.

VENEERS.

Albro, The E.D. Co., Cincinnati, O.

VENTILATORS (CAR).

Q. & C. Company, Chicago, 111.

VENTILATORS (MURPHY'S PATENT).

Bullock, M. C., Manufacturing Co., Chicago, 111.,

WASH ERS.

(See Bolts and Nuts.)

WATER COLUMNS AND CRANES.

Laidlaw & Dunn Co., Cincinnati, O.
Poage. John N., Cincinnati, O.
Sheffield Car Co., Three Rivers, Mich.

WATER STATIONS.

Standard Stave and Cooperage Co., Boston, Mass.

WATER PIPE.

(See Pipe.)

WELLS LIGHT.

Keegan & Halpin, New York, N. Y.

WHARTON PATENT SWITCH.'

Wharton Railroad Switch Co., Philadelphia, Pa.

WIRE.

Besly, Chas. H. & Co., Chicago, 111.
Cambria Iron Co., Philadelphia and Johnstown. P:i.
Carnegie Steel Co.. Limited, The, Pittsburgh, Pa.
Hazard Manufacturing Co., Scranton, Pa.
Holmes, Booth & Haydens, Waterbury, Ct.
Illinois Steel Co., Chicago, 111.

New Jersey Steel and Iron Co., New York, and Tren-
ton, N. J.

Pennsylvania Steel Co., Steelton. 1'a.
Phosphor-Bronze Smelting Co.. Philadelphia, Pa.
Washburn & Moen Mfg. Co., Worcester, Mass.

INDEX TO ADVERTISEMENTS.

121

For payings see "Alphabetical Index to Advertisers," on preceding p »<••<•*,

87 to 9.3, inclusive.

WIKE FENCE.

(See Fence Wire.)

WIRE ROPE.

Greelev. E. S. & Co.. New York. N. Y.
Hazard Manufacturing Co., Wilkesbarre, Pa.
New Jersey Steel and Iron Co.. New York, and Tren-
ton. N. J.
Wa-hburn & Moen Mfg. Co., Worcester, Mass.

WOOD WORKING MACHINERY.

Bentel & Margedant Co., Hamilton, O.

Berry & Orton Co., Philadelphia, Pa.

Egan Co., The, Cincinnati. O.

Fay. J. A. & Co.. Cincinnati, O.

Foreaith Machine Co.. S. C.. Manchester. N. H.

Groton Bridge and Manufacturing Co., Groton, N. Y.

Place, George. New York. N. Y.

White, The John A., Co., Dover, N. H.

WOODEN TANKS.

Standard Stave and Cooperage Co., Boston. Mass.

WOOTON LOCOMOTIVES.
Wharton Railroad Switch Co., Philadelphia, Pa.

WOVEN WIRE FENCING.

McMnllen Woven Wire Fence Co., Chicago, 111.

WRECKING CAR LIGHTS.

Keegan & Halpin, New York, N. Y.

WRECKING FROGS.

Elliot Frog and Switch Co., East St. Loui*. Ill
Portland Co.. Portland. Me.

?. <fc C. Company, Chicago. 111.
ilden, B. E. Co.. Chicago. 111.
Weir Frog Co., Cincinnati, O.

WRENCHES.

Billings & Spencer Co., The, Hartford, Ct.

FARD SWITCHES.
(See Switches.)

122
ESTABLISHED 1872.

BONDS OF SURETYSHIP,

NO OTHER BUSINESS.

THE GUARANTEE COMPANY

OF NORTH AMERICA.

THE OLDEST AND LARGEST IN AMERICA.

Conducted under an experience of over thirty-six years.

Paid up Capital and Resources, over $1,200,000

Deposit in the United States, for Exclusive protection of D. S, Obligations, 365,000
Losses paid to date, over - - 950,000

Head Offices, Montreal,

AND III BROADWAY, N. Y.

Sir ALEXANDER T. GALT, President.
EDWARD RAWLINGS, Vice-President and Managing Director.

UNITED STATES BRANCHES:

NEW YORK, 111 Broadway, . . . . D. J. TOMPKINS, Secretary.

CHICAGO, Room 400 "The Temple," . . . J. R. PRUYN, Secretary.

BOSTON, 46 Central Street, . . . . G. W. GREGERSON, Agent.

PHILADELPHIA, 506 Walnut Street, . . . A. F. SABTNE, Resident Secretary.

BALTIMORE, 18 East Lexington Street, . . HIRAM WOODS, Agent.

PITTS BURG, 102 Fourth Avenue, . . . WM. M. GRANGER, Agent.

ST. LOUIS, 117 North Third Street, . . FRANK C. CASE, Agent.

LOUISVILLE, Bank Clearing House, . . . CLINTON MCCLARTY, Agent,

NASHVILLE, 8 Noel Block, .... COOLEY, METZGER & KEITH, Agents.

RICHMOND, 1104^ Main Street, .... PLEASANTS & Co., Agents.

DETROIT, 88 Griswold Street FRANCIS GRAHAM, Agent.

DENVER, Rooms 219, 220, Eraest & Cranmer Bldg. G. W. GRIFFITH, JR., Agent.

NEW ORLEANS, 46 Camp Street, . . . J. R. FELL & Co., Agents.

INTRODUCTION

TO

POOR'S MANUAL FOR 1892.

KAILKOADS OF THE UNITED STATES IN 1891.

GENERAL EXHIBIT FOR FISCAL YEAR.

Length of Track laid up to December 31, 1891 170,601.18 miles.

Of which were completed up to the Close of the Fiscal Years of the respective Companies 167,909.07 miles.

Completed since Close of their Fiscal Years 2,692.11 mile?.

Net Increase of Mileage of all Railroads in the United States in the Calendar Year 1891 3,898.49 miles.

Net Increase of Mileage of Railroads reporting in the Fiscal Year 1891 4,488.73 miles.

LIABILITIES AND ASSETS OF THSC )MPANIES OWNING THE ABOVE 167,909.07 MlLES OF LlNE.

Liab, Assets.

Capital Stock £4,809,176,651 Cost RR. and Equipment $9,008,042,194

Funded Debt 5.235,29o,074 Real Estate, Stocky, Bonds and other In-
Unfunded Debt 345,362.503 vestments 1,617,031,080

Current Debt 375,791,813 Other Assets 239,159,462

Current Accounts 246,102,540

Total Liabilities §10,765,626,041 Total Assets $11,110,3:35,276

Excess of Assets over Liabilities -. $344,709,235

Excess of Assets of Various Railroad Companies $482.376,159

Excess of Liabilities of Various Railroad Companies 137,666,924

— $344,709,235
NOTE. — The mileage, liabilities, and assets of elevated railroads are included above.

Total Mileage of Railroads completed at Close of Companies' Fiscal Years ending in 1891 167,909.07 miles.

Of which full Statistics of Operations were received from Companies operating 164,261.91 miles.

Mileage of Roads not reporting Earnings, etc.. consisting chiefly of new roads not brought into

full operation at close of Companies1 Fiscal Years . .' 3,647.16 miles.

STATISTICS OF OPERATIONS, FISCAL YEAR 1891.

Miles of Railroad operated (exclusive of elevated railroads) 164,261.91

Passenger Train Mileage 3-20,712,013 Passengers Carried 556,015,802

Freight Train Mileage 493,541,969 Passengers— Mileage 13,316,925,239

Mixed Train Mileage 16.948,394 Tons Freight Moved 704,398,609

Tons Freight Moved One Mile 81,210,154,523

Total Revenue Train Mileage 831,202,376

Earnings.— Passengers $290,799,696 Payments from Available Revenue :

Freight 754.1S5.910 Interest on Bonds $225,339,413

Other 80,549,209 Other Interest 5,920.397

Elevated Railroads 12.489.644 Dividends 90.719,757

Rentals, Tolls, etc 64,255.732

Total Traffic Revenue $1.138,024,459 Miscellaneous 31,018 045

Operating Expenses 781,796,576

Total $417,253.344

Net Earnings $356,227,8831 —

Other Receipts, including rentals received

by lessor companies 101,276, 183

Balance— Excess of Available Revenue over

Total Available Revenue $457,504,066 I Actual Payments therefrom for the year . . $40,250,722

NOTE. — The liabilities, gross and net earnings, interest and dividend payments, etc., of the elevated railroads
in the State of New York are included in the above table. The earnings of these lines are derived chiefly from
passenger traffic, but their earnings cannot be included under that head for the reason that, if included, the
deductions from the totals thus arrived at would be misleading. The statistics of passenger traffic and train
mileage are omitted for the same reason.

PRESS OF J. J. LITTLE & CO., ASTOR PLACE, N. Y.
A »

11

Statement showing, by groups of States, the mileage, equipment, liabilities and assets ; milea|j|
Surface Steam Railroads in the United States at the close of their respective fiscal years ending:!

UNITED STATES.

NEW ENGLAND GROUP.

MTDDLE GROUP.

CKXTKAL XOKTHEIWJ
GROUP.

1891

1890

1891

1890

1891

1890

1891

1890 |

Mileage of Railroads.
Sec'dTr'k, Sid'gs,etc.

Total Track
Steel Rail* in Track ..
Iron Rails in Track. .

Locomotive Engines .
Cars— Passenger
Bag., Mail, etc.
Freight

Miles.
167,845.56
46,683.39

Miles.
163.358.90
44,792.99

Miles.
7,046.40

3,837.78

Miles.
6,985.34
3,808.11

Miles.

19,692.48
15,214.78

Miles.

19,438.49
14,394.05

Miles.

48,135.53
13,646.52

Miles. 1
47,625. a«
13,266.8(

214,528.95
174.775.14
39,753.81

208,151.89
167,457.58
40,694.31

10,884.18
8,616.40

2,267.78

10,793.45

8,205.87
2,587.58

34,907.26
29,505.53
5,401.73

33,832.54

27,489.86
6,342.68

61,782.05
51,498.64
10,283.41

60,891 .Til
50,234.4'B

10,657. 2 1

No.
33,563
23,083
7,368
1.110,286

No.
31,812
21,664
7,253
1,061,952

No.
2,473
3,250
680
54,464

No.
2.366
3.265
684
49,430

No.
9,228
7,710
1,859
370,124

No.
8,718
6,932
1,931
379,073

No.
9,946
5,264
2.003
348,872

No.
9,221 i
4,842 f,
1,970K
325,027 |

Total Rev'ue Cars

LiaJnlities :
Capital Stock

1,140,737

4,751,750,498
5,1 78,821 ,98f
345,102,63-3
374.051,161

1,090,869

S
4,590,171,561
5,058,819,990

375,281,271
269,914,696

58,394

S
242,120,889
168,559,547
22,168,379
15,432,637

53,379

$
236,186,197
166,373,688
19,567,388
13,209,371

379,693

1,069.648,890
1,144,185,569
96,742,276
121,206,201

387,936

1,076,772,362
1.176,022.972
' 94,407,201
103,087,813

356,139

$
1,192,877,926
1,373,827,609
93,590,533
71,623,807

331,8391

1,193,013,7M
1,343,845,7«
1 15,091, «•
58,333,9:1

Bonded Debt
Unfunded Debt

Current Accounts

Total Liabilities..
Excess of Assets (_
over Liabilities. . . j

Total

10, 649, 726, 280

341,697,259

10,288,687,518

301,918,125

448,281,452
16,428,665

435,336,644
15,903,706

2,431,782,936
97,250,533

2,450,290.3 IN
95,195,363

2,731,919,875
111,115,142

2,710,285,2»

69,983,5$ I
•

10, 991, 423, 639

8,927,571,592
1.588,590,522

233,862,243
241,399,182

10, 590, 605, 643

8,710,300,302
1,458,599.089

223,202,51!)
198,503,7:33

464,710,117

388,908,241
49,266,121

16,394,148
10,141,607

451,240,350

383,665,132
42,246,222

16,596,379
8,732,617

2,529,033,469

1,857,417,085
524,599,499

74,367,044
72,649,841

2,545,485,711

1,887,652,935
530,194,007

73,021,345
54,617,424

2,843,0a5,017

2,444,722,989
304,628.259

55,437,401
38.246,368

2,780,268,7?!

2,446,992,^1
227,378,aJ

53,466,4*1
52,431, 0»

Assets :
Cost of RR. & Equip.
Real Estate, Stocks, )
Bonds, and other >
Investments \
Other Assets

Current Accounts
Total Assets

Miles of RR. Operated
Rev. Train Mileage :
Passenger
Freight
Mixed

Total

10,991,423,539

10,590,605,643; 464.710,117

451,240,350

2,529,033,469

2,545,485,711

2,843,035,017 2,780,268,7?|

MUes.

164,261.91

320,712,013
498,541,969

16,948,394

Miles.
157,976.46

297,244,707
482,900,422
13.780,016

Miles.

7,315.57

29,788,328
24,701,694
520,116

Miles.
7,011.42

28,127,218
23,741,034
678,034

Miles.

19,693.81

83,604,415
131,997,001
2,977,429

Miles.
19,313.77

79,399,847
134,394,564
1,662,871

Miles.

51,426.30

98,750,086
168,769.772
2,736,524

Miles. 1

50,936. 42 1

91,772,4l|
165.501,981

831,20-2,376
556,015,802

13,316,925,239

704,398,609

81, 210, 154, 523

$

290,799.606
754.185,910
80,549,209

793,925,145
520,439,082

12. 521,565,649

691.344,437

79. 192, 935, 125

$

272,320,961
734,821,733
71,692,645

55,010,138
118,502,901
1,837,802,346
42,577,879
2,922,201,512
$
34,740,209
39,700,748
5,123,176

52,546,286
111,841,063
1,743,129,541
41,294,970
2,865,747,971

33,421,885
39,337,594
4,998,819

218,578.845
221,138,953
3,850,100,826
294,964,375

26, 358, 758, 047

S
72,857,127
206,731,337
17,931,267

215,457,282
208,578,403
3.522.178,739
292,580,992

25,686,471,509

S
70,539,447
203,904,474
13,380,077

270,256,382

116,684,688
3,6 J4, 184,634
204,432,378

27, 567, 895, 061

81.526,963
222,837,762
24,710,924

259,858,801
107,316,351
3,438,232,521
204,659,6TJ

27,891.074,811

$

75,931,961
221,857,51
21,401,581

Passengers Carried . . .
Passenger Mileage. . .
Tons of Fr'ght Moved
Freight Mileage

Traffic Earn'gs— Pass.
Freight
Miscellaneous

Total

1,125,534,815
350,807,370

101,139,823
451,947,193

64,243,732
222,652,306
5,917,593
89,099,757
31,008,271

1,078,835,339
341,666,369

108,046,387
449,712,756

58,841.849
217,922,677
6,575.543
83,575,705
34,738,102

79,564,133

21,698,202

6,370,391
28,068,593

6,767,328
8,308,965
434,798
11,542.985
455,362

77,758,298
22,111,742

8,907,990
31,019,732

7,654,646
8,287,463
596,682
11,104,645
928,640

297.519,731

97,678,585

41,481,067
139,159,652

28,358,002
53,822,690
9,527,12!
32,451,974
6,234,615

287,823,998
95,689,477

45,912,782
141.602,259

26,601,908
55,677,541
2,499,272
30,456.98fl
9,474,323

329,075,649
100,844,470

9,513,637
110,358,107

11,717,188
60,822,414
1,869,847
26,706,279
4,849,051

319,191,081
97,054,501

17,340,88]
114,395,881

10,914,08.1
59,390,571

~
26.'."

f.. i M,?,'

Net Earnings.

Receipts from other 1
Sources f
Total Avail. Revenue.

Paymen fs :
Rentals, Tolls, etc. . . .
Interest on Bonds
Other Interest
Dividends on Stock. .
Miscellaneous

Total Payments . .
Balance. Surplus, or 1
Deficit \

412.921,633
S. 39,035,534

401,653,879

S. 48,058,878

27,509,438
S. 559,155

28,573,076
S. 2,446,656

123,394,410
S. 15,765,242

124,710,041
-V. 16,892,218

104,764,784
S. .V>!«,:W3

104.771,41
S. 9,623,92

NOTK.— The statistics of elevated railroads in thtS

Ill

:. traffic operations, gross and net earnings, interest and dividend payments, etc., etc., of all the
1890:

tiri.K AND .MI--I--IITI
VALLEY GROUP.

SOUTHWESTERN GROUP.

NORTHWESTERN GROUP.

PACIFIC GROUP.

1

1890

1891

1890

1891

1890

1891 1890

1891

1890

17.'

12.068.56
2,199.90

Jfifc*.

11.4(32.61
1.737.25

Mil*.

32,168.11

4.929.46

31.723.95
5.035.04

21.429.84
3,295.23

19.924.96

3.140.74

Miles.
9,488.48

1.370.42

9,180.94
1,209.54

—

.45

19.279.17
15.035.14
4.244.1X3

14.268.46
11.559.04
2.709.42

13.139.86
11. (357. 06
8,088.80

37,097.57
29.186.28
7,911.29

36,758.99

27.794.75
8.964.24

24.725.07
19.781.69

4.943. 38

23.065.70
19.764.34
3.301.36

10,803.91 10,390.48

8.4-
2.315.14 2.514.41

81

No.

2.295
1,306

5:3.121

No.

1.9:37
1.089
418
63,007

No.

1.770

884

54.746

Xo.
4.103
2.138
919
113,869

No.

3.882
2.048
867
102,803

No.

2.624

1.212
528
81,834

-Vo.
2.539
1.321
537
77.276

No,

1.016
279
21,581

Wo.

1,041
975

20.526

55.021
S

359.927.611

63.514

306.024.869

56.105
866,455,070

116.926

S

816.413.313

105.718

S
764.192.200

83.574
427.846,391

79,144
401,201.957

22.876
S

.•: 0.9:34

o«i •»- ctri

21,787
293.433.:i4-

1891

.•5

.8

?

•

s

S

I

1

$

359.927.611

306.024.869 265.455.070: S16.4~13.313

764.192.260

427.S46.391 401.201.957 322.270.934

293.422. . :U-

336.961.9:30

348.064.425 31*.396.34* 914.906.748

9- 15. 133.913

618.158.7P6 558.038.000 26:.-

568,45;

17.594.010

18.828.76ti 11.43-2.911

40.319.427

47.9:36.684

37.023.035; 65,570.776 1

3.680.444

21.309,755

17.730.W7 12.9SO.208l 57,818,060

28.840.340

64.067.538 27.495.420! 5.280.986

8.273 7:35.693,306

1,705 7.597.504

690.638,987

'3> 1.690.853

^>

608.264.537
10,085,372

1,829,457.548
5.333.9S3

1.746.092,196
6.280.740

1.147.095,670
51.965,751

1,052,306.153
41,625,294

590,356,539
59.202.333

550,419,108
55.246.622

4.97*

743.290,810

688,948,134

618,349.909

1.834,691,531

1.752.372,986

1,199.061,421

1,093,931.447

649,558,872

605,665,730

640.237.440

607.172,581

542.7*36,962 1.362.394,668 1.308.975.119

973.553.230

919.746.362

618,640,003

580.263.5C6

73.362,661

61,947,784

52.298,1091 396,003.426

397.446.247

156.034,666

122,463.440

20,971,489

13.210.014

15.108.705

10.919.123

11.602.207

22.698,136

21,190.807

34.615.309

27,831.616

4.945,603

4,385.029

14,582,004

8.908.646

11.682.631

53.595,301

24,760.763

34,858.216) 23,890.029 5.001.777

7.807.181

743,290,810

688.948,134

618.349.909 1.834.691.531

1.752.372.936

1,199.061.421,1.093.931.447

649,558,872

605,665,730

Mile*

Kite.

Miles.

Miles.

Mile*.

Miles.

Mile*.

Jfifc*.

Mil*.

14.555.07

10.731.31 j 9.568.61

29,828.35

28,355.62

20,299.22

20,859.09

8.319.06

7.376.46

1 399

18.913.729

16.973.058 15.335.810

32.622.1(34

29.234.851

23.891.633

•24.206.739

15.120.990

10/254.0&0

8^442

27.41-2.441

27.Oa3.l-27 24.267.858

55.380.187

50.663.Si36 42.036.97S 42.34S.335

15.409.7C8

14.670.449

8,884,089

2.190.863, 1.056.745

3,880,712

3.900.906

668,719 349,739j 657.487

1.162.574

48,710.869

46.167.05:3 40.660.413

91.883.003

83.799.563

66.432.330 66.804.813 31.188.245

26.087.118

16.-

18,059.211 16.292.472

23,620.082

23.466.718

16,831.634' 16.370.723! 22.601.350

19,6

-

617.496.133

587.241.005 539.0.^.947

1.080.625.238

1.05(3.889.019

973,961.0211 993.442.025 686,822,089

617.1:38.716

35. -

41.127.408 36.7*3.161

39.127.235

33.155.532 31.6:32.004 11.894.655

10.937.953

,189 3.921.778.157 4,016.569.963 3,618.298.877 e.989,199^35 6,746.1:33.009 6,748.708,493 6.368.549.651 2.209,722.423 2,094.931. 600

8

•

$

S

$

S S

S

$

15.723.599

15.196.877

13.262.094

28.912.743

27.709.545

22.635.96-2 22.091.177

17.51 8.350

13.641.204

9 >44

40.563.011

40.519.642

37.505.906

94.033.099

91.178.601

72.155.ln7 H7. 745.469

35.378.671

32.729.117

7,683

4.600,765

4.2 H. 455 3.804.123

11.671.466

10,487.264

6,360,596

5.856.9S8

4.552.642

7,163,022

-

60.887.375

59.917.974 54.572.123

134,617.308

129,375,410

101.151.665

95.693.a34

57,449.663

53.533.403

18.124.613

19.078.904 19.008.1:39

33.711.123

37.501,484

36.596,751

33.105,599

21,603,282

19.070,814

'6.675

3,107.469

3.651.790 1.165.625

9.759,783

9,978,846

14.800,296

11,613,351

10,486.184

9.419.493

21.232,082

122.7:30.694

2*3.773.764

43.470.906

47.480,330

51.397.047

44.718,950

32,089,466

28,490.307

!6,947

2.530.594

1.65 1.265

1.336.464

2.656.201

2.201.383

7.0-24.1:35

4.339.527

4.332.666 3.263.290

11,783.685

13.271.444

14.119.817

31.109.272

28.275.127

27.626.256 25.509.195 13.113.975

14>7!».2«!»

486.673

1:3:3.557

315.096

941.916

897,263

162.341

7:39,257 99.768 4!"*.424

3.359.552

8,128,346

3.355. MS

3.225. 451

3.740.921

4.569.737

3.009.706 3.258.405

l.:354

1.552.334

956.339 1.508.693

4.709.919

5.304.066

6.902.251

5.702.181 5.089.375

3.M2.24'.'

K),408

19.712.728

19,140,951 j 20.535.SSS

42.642,759

39.918.760

46.284,720

39.299.866 25.894.189

24.132.109

8,320

-19.334

.?. 3.589.743 >'. 2:37.87'; 5

.?. 7.561.570.-?. 5.112 327 .v 5.419.085 >'. 6.195.277 X. 4.358.193

I

New York are omitted from above table.

IV

STATISTICS OF STOCK AND BOND CAPITALIZATION, BY GROUPS OP STATES, 1882-1891.

GKOUP 1. — New England Slates : Maine, New Hampshire, Vermont, Massachusetts,
Rhode Island, and Connecticut.

STOCK AND BOND LIABILITIES.

LIABILITIES PER MILE RAILROAD.

YEAR.

RAILROAD
OWNED.

Capital Stock.

Bonded Debt.

Total Stock and
Bonds.

Stock
per Mile.

Bonds
per Mile.

Stock & Homl»
per Mile.

Miles.

s

$

$

$

$

8

1882...

6,259

197,721,216

139,032,592

336,753,808

31,590

22,213

53.803

1883...

6,353

198,544,058

144,346,982

342,891,040

31,400

22.829

54.229

1884...

6,405

204,597,904

136,696,843

341,294,747

31,943

21,342

53,285

1885...

6,412

204,311,043

140,569,398

344,880,441

31,862

21,923

£3,785

1886...

6,437

202,673,477

143,792.350

346,465,827

34,857

22,167

57,024

1887...

6,684

225,927,174

139,905,740

365,832,920

33,637

20,931

54,568

1888...

6,857

226,687,831

154,521,781

381,209,612

33,059

22,535

55,594

1889...

6,926

229.864,385

160,966,033

390,830,418

33,184

23.237

56,421

1890...

6,985

236,186.197

166,373,688

402.559,885

33,813

23,819

57,632

1891 . . .

7,046

242,120,889

168,559,547

410,680,436

34,363

; 23,1)22

58,285

GROUP 2. — Middle States : New York (including Elevated Railroads), New Jersey,
Pennsylvania, Delaware, and Maryland.

STOCK AND BOND LIABILITIES.

LIABILITIES PER MILE RAILROAD.

YEAR.

RAILROAD
OWNED.

Capital Stock.

Bonded Debt.

Total Stock and
Bonds.

Stock
per Mile.

Bonds
per Mile.

Stock & Bonds
per Mile.

Miles.

$

S

S

S

S

S

1882...

16,551

978,300,138

832.682,850

1,810,982,988

59,108

50,310

109,418

1883...

17,131

997,082,993

893,3-13,618

1,890,426,611

58,203

52.148

110,351

1884...

17,819

1,050,189,310

971,857.873

2,022,046,683

58,936

54,541

113,477

1885...

17,990

1,049,940,505

988,650,265

2,038,590,770

58,362

54,956

113,318

1886...

18,520

1,035,526,998

1,026,220,487

2,061,747,485

55,914

55,406

111,320

1887...

18,662

1,046,088,863

1,072,190,507

2,118,279,370

56,054

57,453

113,507

1888...

18,794

1,072,118,882

1,171,031,774

2,243.150,656

57,045

62,308

119,353

1889...

19,155

1,090,550,832

1,201,811,830

2,292,362,662

56,933

62,740

119,673

1890...

19,500

1,126,840,379

1,228,605,007

2,355,445,386

57.787

63,005

120,792

1891...

19,756

1,127,075,043

1,200,658,654

2,327,733,697

57,100

60,774

117,874

GROUP 3. — Central Northern States : Ohio, Michigan, Indiana, Illinois and Wisconsin.

STOCK AND BOND LIABILITIES.

LIABILITIES PER MILE RAILROAD.

YEAR

RAILROAD
OWNED.

Capital Stock.

Bonded Debt.

Total Stock
and Bonds.

Stock per
mile.

Bonds per
mile.

Stock & Bonds
per mile.

Miles

S

S

$

$

$

S

1882

35075

909,708,620

926,952,650

1,826, 661,270

25,936

26,427

52,363

1883. .
1884

39,445
39 966

1,007,393,875
1,014,548,345

1,015.771,814
1,086,765,886

2,023,165,689
2,051,314,231

25.539
25,885

25,752
25,941

51,291
51,326

1885

41,519

1,033,190,555

1,049,252,618

2,082,443,173

24,885

25,272

50,157

1886.

41,893

• 1,054.897,899

1,078,655,062

2,133,552.961

25,109

25,748

50,857

1887

44,316

1,049,768,114

1,10-2,082,829

2,151,850,943

23,688

24,869

48,557

1888

45,670

1,129,992,157

1,217,762,056

2,347,754,243

24,743

26,664

51,407

1889

47 663

1,172,711,616

1,321,805,175

2,494,516,791

24,604

27,733

52,337

1890. .
1891. .

47,625
48,136

1,193,013,756
1,192,877,926

1,343,845,703
1,373,827,609

2,536,859,459
2,566,705,535

25,050

24,781

28,217
28,541

53,267
53,322

GROUP 4.— South Atlantic States: Virginia, West
Carolina, Georgia and Florida.

Virginia, North Carolina, South

YEAR.

RAILROAD
OWNED.

STOCK AND BOND LIABILITIES.

LIABILITIES PER MILE RAILROAD.

Capital Stock.

Bonded Debt.

Total Stock
and Bonds.

Stock per
mile.

Bonds per
mile.

Stock & Bonds
per mile.

1882...
1883...
1884...
1885...
1886...
1887...
1888...
1889...
1890...
1891...

Miles.

9,444
10,371
10,875
12,166
12,079
13,451
14,512
15,847
17,077
17,871

.196,178,025
206,191.630
216,423,808
219,445,503
249,981,335
267,530,596
319,163,492
340,549,706
359,927,611
374,547,286

S
174,491,031
190,363,722
206,924,945
219,664,294
231,449,830
267,826,515
281,055,435
302,089,363
336,961,930
349,892,314

370,669,056
396,555,352
423,348,773
439,109,797
481,431,165
535,357,111
600,218,927
642,fi3!».0r,fl
696,88!). Ml
724.439,600

$
20,773
19,881
19.901
18,038
80,696
19,889
21,993
21,490
21.077
20,954

S
18,476
is.:;:,:,
19,028
18,056
19.161
19,911
19,867
19.0(13
19,781
13.580

S
39,849
88,288
38,929
86,094
39,857
39,800
41,360
40,553
40,808
40,884

GROUPS. — Gulf and Mississippi Valley States :
nessee and Louisiana :

Alabama, Mississippi, Kentucky, 'Ten-

STOCK AND BOND LIABILITIKS.

LIABILITIES PER MILE RAILROAD.

YEAR.

RAILROAD

O \VNKD.

Capital Stock.

Bonded Debt.

Total Stock
and Bonds.

Stock
per Mile.

Bonds per
Mile.

Stock & Bonds
per Mile.

Mite.

$ S

$

$

$

$

lso.K89,130 i 240.766.0a5

421,455.135

21.920

29,209

51.129

8,896

213,675.471> -2;3.5f,7.361

487,242.840

24,019

30.752

54.771

8.388

207,191,182 •

2s 1.056,443

488.247. 625

24,701

33,507

58,208

9.675

812.289,011

293,804,038

5ilfj.043.049

21,937

30,367

52.304

9,979

•246,484.940

268,176,248

514.661,188

24,700

26,784

51,484

10,659

253,036.303

294.614,703

547,651,006

23,739

27,640

51,379

11,014

•2.V>. 01-2.754 ! 318,866,013

573.878,767

• 23,154

28,951

52.105

11,137

868,290,267

323,000.759

585,291,026

23.551

29.002

52.553

11.403

265.455,070

318,396,348

583,851,418

23,279

27.922

51.201

12,069

306,024,869

348,064,425

654,089,294

25,356

28.839

54.195

GROUP 6. — Southwestern States : Missouri, Arkansas, Texas. Kansas, Colorado, New
Mexico and Indian Country :

_ RAILROAD
f£AR- OWNED.

STOCK AND BOND LIABILITIES.

LIABILITIES PER MILE RAILROAD.

Capital Stock.

Bonded Debt.

Total Stock
and Bonds.

Stock
per Mile.

Bonds pei-
Mile.

Stock & Bonds
per Mile.

Miles.
1882... 19,426
1883... 20,075
1884... 20,932
1885... 22,3-23
1886... 23,185
1887... 28,905
1888... 30,066
1889... 30.706
1890... 31.724
1891... | 32,168

$
486,942,549
508,249.714
518,310.832
538,007,189
621,137,639
678,411.251
721.785.734
693,610,736
764,192.260
816,413,313

S
440,010,072
464,894,869
509.093.3-24
510,251,630
552,571,643
653.085,608
723.761,528
719.843.753
905,122,912
914,906,748

926.952.621
973,144,583
1.027,404,156
1,048,258,819
1,173,709,282
.331.496,859
.445.547,262
,413,454,489
,669,315.17-2
,731,320,061

$
25,067
25,318
24,762
24.101
26.791
23,470
24,007
2-2. 5S9
24,089
25,380

S
22,655
23,158
24,881

•2-2.858
23.833
22,594
24,072
23,443
28,531
28,410

$
47.7-22
48.476
49,083
46,959
50,624
46,064
48,079
46,032
52.620
53,790

GROUP 7. — Northwestern States : Iowa, Minnesota, Nebraska, South Dakota, North
Dakota, Wyoming, and Montana.

v_, . RAILROAD
1EARl OWNED.

STOCK AND BOND LIABILITIES.

LIABILITIES PER MILE RAILROAD.

Ponitnl S1-nr>k Tlrmrldfl "n^ht-

Total Stock and Stock

Bonds

Stock & Bonds

v_ .KAILROAD

; OWNED.

Capital Stock.

Bonded Debt.

Total Stock and
Bonds.

Stock
per Mile.

Bonds
per Mile.

Stock & Bonds
per Mile.

Miles.

g

$

S

$

s

8

1882...: 10,282

297,058.263

256,259,199

553,317,462

88,891

24,928

53,814

1883... 11.706

3-28,663,803

305.9f3.n45

634,566,848

28.077

26,132

54/209

1884... 12,875

3-23.951,360

345.«312.303

669,563,668

25,161

26,844

52,005

1885... 1<.».363

313,147.729

356.0-26.743

669,174.472

16,172

18,387

34,559

1886... 13,870

322,661,223

36-2,454.610

685,115.833

23,263

26,132 | 49,395

1887. . . 16.848

376.a51.927

429,380.913

806,232.840

22,367

25.485

47,852

1888... 18.215

3*0.507,014

519.404,674

905,911,688

21.219

28.515

49.734

1889... 19.756

409,208,838

560.378.182

969,587.020

20,713

28.365

49.078

1890... 19,925

401,201,957

558,038.000

959,239.957

20.136

28.007

48,143

1891... 21,430

427,846,391

618,158,706

1,046,005,097

19,965

28,845

48,810

GROUP 8. — Pacific States: California, Oregon, Washington, Nevada, Arizona, Utah,
and Idaho.

STOCK AND BOND LIABILITIES.

LIABILITIES PER MILE RAILROAD.

YEAR.

JftAlLROAD

OWNED.

Capital Stock.

Bonded Debt.

Total Stock and
Bonds.

Stock
per Mile.

Bonds
per Mile.

Stock & Bonds
per Mile.

Jfifat.

S

$

S

$

$

$

1882..

6.158

231,365.601

185.812.509

317.178,110

37.572

30,174

67.746

1883..

6,605

248,259,031

166.K

415.118,003

37.587

25.262

62^849

1884..

6,891

245,660.671

201,108,650

446.769,321

35.649

29.184

64,833

1885..

7.'.KY2

247,416,297

207.508,080

454.9-24.377

31.114

26,221

57,335

1886..

7,643

266,144,997

ai9.646.100

4*5.791,097

34,822

2S.73S

63.560

1887..

8,473

257.947,801

•227.S56.295

485,804,096

30,444

26.892

57.336

1888...

9,148

291.143,443

237,631,762

5-28.775.205

31,826

25,976

57,802

i889...

8,804

296,312.938

238,470,676

534.783,614

33.656

27,087

60.743

1890...

9.181

293.422,348

248.558,437

641,96

31.960

27,073

59.033

iWl...

9.433

322.27<V."<34

261. 227. 071

5^3.49^,005

34.104

27.693

61.857

VI

STATISTICS OF PASSENGER TRAFFIC FOR TEN YEARS, 1882-1891.

Statement showing the length of road operated, passenger statistics, earnings, etc., en
of all the railroads in the United States from 1882 to 1891, inclusive :

Q3 ff

§ •

PH r;
>V3

PASSENGER TRAFFIC.

PASSENGER EARNINGS.

||B.

*N

u

8

*O S

rO C
flH

°«l

c~.6

vi o

5 ^ -n

W

I

3fe

Av. Re-

Av.Rec.

Av.Rec.

,c' •/.':=

o ^ *-

— o

1?

Ȥ>
.S §

Pass'ng'rs
Carried.

Passenger
Movement.

Gross
Amount.

ceipts
p. Pass.

per

T'ls^

p. Pass.
Train

MihTof

§£

*|ri

s II

g.

p. Mile.

Mile.

RR.

5*

^sfi

>

jtfito.

Miles.

No.

&ibs.

$

Cents.

Cents.

Cents.

$

No.

Miles.

[files

1882

95,752

165,438,158

289,030,783

7,688,468,538-

188,137,462

2.447

65.09

113.72

1,964

3,018

46.47

•215. 0

1883

106,938

187,903,247

312,686,641

8,541,309,674

206,837,256

2.422

66.14

110.07

1,934

2,923

45.45

27. 1

1884 113,173
18851122,110

206,516,118
211,587,620

334,570,766
351,427,688

8,778,581,061
9,133,673,956

206,790,701
200,883,911

2.356
2.198

61.87
57.16

100.13
94.94

1,827
1,645

2,956

2,877

42.50
43.16

26. 4

25. 9

1886
1887

125,146
136,986

210,637,892
238,755,920

382,284,972
428,225,513

9,659,698,294
10,570,306,710

211,9-29,857
240,542,876

2.194
2.276

55.43
56.17

100.61
100.75

1,693
1,756

3,054
3,126

45.85
44.27

25. 7

24. H

1888

145,341

268,125,345

451,353,655

11,190,613,679

251,356,167

2.246

55.68

93.74

1,729

3,105

41 .73

24.79

1889

153,689

279,085,145

494,808,421

11.964,726,015

259,439,231

2.169

52.44

92.96

1,688

3,219

42 87

24 18

1890

157,976

297,244,707

520,439,082

12,521,565,649

272,320,961

2.174

52.13

91.61

1,724

3,294

42.12

24.05

1891

164,262

320,712,013

556,015,802

13,316,925,2391290,799,696

2.184

52.30

90.67

1,770

3,385

41.52

23.95

STATISTICS OF PASSENGER TRAFFIC, BY GROUPS OF STATES, 1882-1891.

GROUP 1. — New England States : Maine, New Hampshire, Vermont, Massachusetts,
Rhode Island, and Connecticut :

1

H
>H

Length of RRs.
in Operation.

Miles Run by Pas-
senger Trains.

PASSENGER TRAFFIC.

PASSENGER EARNINGS.

ab_OJ
£?1

o « o

111

. fcfcw
U) S3 C
> o>

4*

Ave. No. of Pas-
senger Miles per
Pass. Train Mile.

Average Distance
Travelled per
Passenger.

Pass'ng'rs
Carried.

Passenger
Movement.

Gross
Amount.

Av. Re-
ceipts
p. Pass,
p. Mile.

Av.Rec.
per
Pass.

Av.Rec.
p. Pass.
Train
Mile.

Av.Rec.
per
Mile of
RR.

18S2
1883
1884
1885
1886
1887
1888
1889
1890
1891

Miles.
6,191
6,203
6,407
6,476
6,430
6,890
6,702
6,830
7,011
7,316

Miles.
19,336.258
20,006,301
21,414,042
21,451,942
22,528,690
23,829,794
25,660,293
26,932,756
28,127,218
29.788,328

No.

65,220,934
72,377,556
76,283,760
7'8,763,179
85,560,605
93,483,949
99,539,451
109,177,455
111,841,063
118,502,901

Miles.
1,107,045,086
1,187,719,657
1,247.226,523
1,255,417,435
1,. 352,844,750
1,482,312,733
1,523,685,930
1,646,207,084

23,503,412
25,532,447
25,678,097
25,099,764
26,977,461
29,116,085
30,611,645
32,443,917

Cents.
2.12
2.15
2.06
2.00
1.99
1.96
2.01
1.97
1.92
1.89

Cents.
36.04
35.28
33.66
31.87
31.53
31.15
30.75
29.72
29.88
29.32

Cents.
121.55
127.62
119.91
117.00
119.74
122.18
119.30
120.46
118.82
116.63

3,796
4,116
4,008
3,721
4,195
4,226
4,567
4,750
4.767
4,749

No.
10,535
11,668
11,126
12,162
13.306
13,568
14,852
15,956
15,810
16,198

MHr*.

57.25
"59.37
58.24
58.52
60.05
62.20
59.38
61.16
61.97
61.70

Mile*.
16.97
16. 3S
16.34
15.94
15.81
15.85
15.31
15.08
15.59
15.51

1,743,129,541
1,837,802,346

33,421,885
34,740,209

GROUP 2. — Middle States : New York, New Jersey, Pennsylvania, Delaware, and Mary-

land

PH ^

h

PASSENGER TRAFFIC.

PASSENGER EARNINGS.

i|.

h.

|

°i

£ *••

Av. Re-

Av.Rec.

Av.Rec.

55*1

Q JH el*

r"

£•0

»8>

Pass'ng'rs

Passenger

Gross

ceipts

p. Pass.

per

^ c3 .

-CcS S

tc,_

8|

Carried.

Movement.'

Amount.

p. Pass.

per

Train

Mile of

OJ ^C<O

oi ^ '/

ir r" p-f

S'~

S

p. Mile.

Mile.

RR.

$%

> S s3

5

Mile*.

Miles.

No.

Miles.

«

Cents.

Cents.

Cents.

$

No.

Miles.

.i/;v>'.

1882

15,387

53,003.848

119,301,413

2,253,414.844

51,530,176

2.29

43.19

97.22

3,348

7,753

42.51

18.88

1883
1884

15,805
17,361

54,98(5,944
64.256,123

126,354,067
137,563,122

2,475,480,474
2,560,109,770

53,856,824
54,286,930

2.17
2.12

42.62

99.97
84.49

3,408

3.127

7.995
7,984

45. (W
311.84

19.59

IS. 61

1885

17,794

60,252,357

144,828,607

2,677,366.775

51,239,058

1.91

35. 88

85.04

2.880

8.139

44.44

18.49

1886

17,951

57,082,111

163,391,040

2,760,335,172

58,215,737

2.11

35.65

101.99

3,243

9,102

48.36

16.89

1887

18,977

66,611,949

176,361,731

3,059,957,868

64,203,536

2.10

36.40

90.88

3,383

9,398

45.94

17.35

1888
1889
1890

18,750
18,951
19,314

78,915,315
74,630,419
79.399,847

175,115,243
190,284,803
'208,578,403

2,999,936,052
3,324,420,977
3,522,178,739

64,128,737
67,001,949
70,539,447

2.14
2.02
2.02

36.62
35.21
33.81

81.26

89.78
88.84

3.420
3,536
8,668

9.339
10,041
10.799

38.01
44.55
44.36

17.13
17.31

16.89

1891

19,694

83,604,415

221,138,953

3,850,100,826

72,857,127

1.89 32.95

87.15

3,699

11,229

46.05

17.4 1

VII

GROUP 3. — Central Northern States : Ohio, Michigan, Indiana, Illinois, and Wisconsin ^

£

gg

"= £

If

•-.-

Miles Run 1>
senger Trains.

PASSENGER TRAFFIC.

PASSENGER EARNIV,-.

"c £ £

S|l

w c o

il|

jig-

PMS'Bg*n

Carried.

Passenger
Movement.

Gross
Amount.

Av. Re-
ceipts
p. Pass,
p. Mile.

Av.Rec.
Pass.

Av.Rec.
p. Pass.
Train
Mile.

Av.Rec.

MSefof
RR.

1

Average 1>
Travel lee
Passen

1VC>
18S6
1887
1888

i88»

181(0
1891

Mil?*. Mies. No.
34,236 56.312,275 70,220,881
38903 63,063,214 70,849,750
40,476 67,373,948 73,870,091
42.19H 71 .728.409 73.301,085
43.0W 70.62-2,967 76,4aS,158
44.ii:..-) 75.366,129 87,292,882
47,484 83,010;878! 95.838,412
49,056 87.408,146 102,095.462
60,936 91,772.418107,316,353
51,4-26 98,750,086 116,684,688

MUM.

2.474,501,706
2,770,673.987
2,751,836,5.58
2,765,341.599
2,779,365,700
3,027,621,204
3.362,043,951
3,613,152.750
3.438,232,529
3,644,184,634

58,283,348
65,494,878
61,956,439
60,1-28,088
62,173,396
68,855,990
72,068,721
74,101,449
75,931.950
81,526,963

Cents.
2.35
2.36
2.25
2.17
2.24
2.27
2.14
2.05
2.28
2.24

Cents.
83.00
92.44
83.87
82.03
81.37
78.88
75.20
72.58
70.55
69.87

Cents.
103.50
103.85
91.96
83.82
88.04
91.36
86.82
84.78
82.74
82.56

1,702
1,683
1,530
,425
,444
,563
,518
,510

',585

No. MUes\MUes.

1,644| 43.94 35.24
1,821 43.93 39.16
1,825 40.84 36.76
1.737 38.55. 37.73
1.774 39.36. 36.38
1,981 40.17 34.68
2,018 40.50 35.08
2,081' 41.34 35.39
2,106' 37.46 32.01
2,269 36.90 31.23

GROUP 4. — South Atlantic States : Virginia, West Virginia, North Carolina, South
Carolina, Georgia and Florida.

|

1882
1S83
1884
1885
1886
1887
1888
1889
1890
1891

1

Miles.
8.162
8,921
9,107
10.306
10,551
11,739
11,927

Miles Kim by Pas-
senger Trains.

PASSENGER TRAFFIC.

PASSENGER EARNINGS.

f

ii|

l*s

Pass'ng'rs
Carried.

Passenger
Movement.

Gross
Amount.

Av. Re-
ceipts
p. Pass,
p. Mile.

Av.Rec.
per
Pass.

Av.Rec.
p. Pass.
Train
Mile.

Av.Rec.

'RR°

1

0*s

C w ao

w

Mileg.

7,989.736
9,742,235
12,410,453
11,435,567
11,445,661
13,089,905
13.705.59P

No.
5,780,854
7,011,256
7,679,769
9,285,053
9,533.124
11,315,150
12,652,010

MUet.

287,127.386
295,033,224
329,580,064
367,603,881
430,813.798
396.245,486
436,826.2.35
444,985.117
617,496,133
656,188,150

7,721.983
8.678,206
9.052. 3«8
9.958.531
9,747,777
11,005.557
12,311,822
11,739,860
15.723.599
17,411,465

Cents.
2.69
2.94
2.74
2.71
2.26
2.78
2.82
2.64
2.55
2.65

Cents.
133.58
123.77
117.88
107.25
102.25
97.26
97.31
88.67
93.16
93.73

Cents.
96 65
89.08
72.94
87.08
85.17
84.07
89.82
76.84
83.13
87.23

972
994
975
MM
937
1,032
904
1,080
1,046

No.
708
786
994
901
904
964
1,061
1.012
1,160
1,116

J/zto.
35.93
30.18
26.56
32.15
37.55
30.27
31.87
29.13
32.64
32.87

MUes.

49.67
42.08
42.91
39.70
45.19
35.02
34.53
33.61
36.59
35.32

12,985! 15,278,959
14.5.551 18.913,729
16,648] 19,961,399

13,239,287
16,878,129
18,576,983

GROUP 5. — Gulf and Mississippi Valley States : Alabama, Mississippi, Tennessee, Ken-
tucky, and Louisiana.

YEAUS.

Lentil of RRs.
in Operation.

Miles H.IIII by Pas-
senger Trains.

PASSENGER TRAFFIC.

.

PASSENGER EARNINGS.

&

°sS

I|S

• -^

<j «

Ave. No. of Pas-
senger Miles pet-
Pass. Train Mile.
Average Distance
Travelled per
Passenger.

Pass'ng'rs
Carried.

Passenger
Movement.

Gross
Amount.

Av. Re-
ceipts
p. Pass,
p. Mile.

Av.Rec.
Pass.

Av.Rec.
p. Pass.
Train
Mile.

Av.Rec.

Mi^of
RR.

mief.

Kite.

No.

JMte.

$

Cemtf.

Cent*.

ttmfe.

S

Jfo.

Miles.

Mil**.

1882

5.903

7,582,208

5,276,841

275.2H2.302

7,350,155

2.67

139.29

96.94

1,245

894

36.30 52.16

1883

6,838

9,748.263

7,458,442

833,143,501

8.923.524

2.67

119.64

91.54

1.305

1.091

34.18

44.67

1884

8,087

10,455,539

9,750.052

454.5S3.399 12.455.405

2.74

127.74

119.13

1.540

1,206

43.48; 46. 62

1885

9,294

11.173.311

10,062,719

480,545,698

10,745.485

2.24

106.79

96.17

1,156

1,083

43.01

47.76

1886

8,219

10.220.077

8,693.607

877,042,885

9,469,304

2.51

108.92

92.65

1,152

1,058

36.98 43.47

1887

8,514

11.813.671

11.379.600

438,688.840! 10.623,183

2.42

93.35

89.92

1,248

1.3:37

45.601 38.54

1888 9,323 13,506,225

13,091,442

469.949.290' Il.fi66.448

2.49

89.11

86.38

1,251

1,404

34.50

35 >3

1889 9.709 13.793.252

14,333.682

471,990.021 11.773,974

2.49

82.13

85.35

1.213

1,476

34.22 32.23

1890 9.569 15.335.S10

16.292.472

539.058.947' 13.2(12.094

2.46

81.40

86.48

1.386

1,703

35.10 33.09

1891 10.731 16,973.058

18,059,211

587,241,0051 15,196,877

2.59

84.15

89.54 1,416

1,683

34. 601 32.52

Vlll

GROUP 6. — Southwestern States : Missouri, Arkansas, Texas, Kansas, Colorado, New
Mexico and Indian Country.

%

i§

i*

£•3

PASSENGER TRAFFIC.

PASSENGER EARNINGS.

4L

/ '— -'

- Ss

5n »G

- 1':

U*

m
ff

:l

l!

K

sif

— v

Pass'ng'rs
Carried.

Paasengnr
Movement.

Gross

Amount.

Av. Re-
ceipts
]). Pass.

Av.Rec.
per
Puss

Av.Rec.

p. Pass.
Train

Av.Rec.
per

Mile of

~ ^-.-^

c •/.. "~

'":*£.

o ~ 3

O — S

i'-'i

5*-

•" ^ to

££ -

III

G> *-4

3

%*

p. Mile.

Mile.

RR.

<i /J

> ^ ~
< ' -

gffrH

<J

Miles.

Miles.

m.

Mile*.

$

Cents.

Cents.

$

ATo.

:i/?7<*.

.!/;//•*.

1882

13,9o2

15,066,088

6,078.595

397,773,785

12,945,390

193.83

85.91

928

478

20. 12

59.56

18S3

16,039

17,219,941

10,634,526

647,840,547

19,907,562

8i07

186.41

115.00

1,241

666

37.02

60.63

1SS4

21,112

15,848,696

12,573,496

623,071, 323 20,297,621

8.86

161.43 1-2S.07

961

5!)0 M.S4 49.55

1885

19,541

19,456,797

14,284,756

699,783,606

20,489,962

2.98

143.45 105.31

1.049

73i; :-!.-,.!>;•

48.99

1886; 20,257

21.614,224

16,187,705

819,0-28,757

21,327,896

2.60

132.16

98.68

1,053

846 37.89 50.75

1887

22,987

24,414,524

18,421,275

923,887,906

26,092,063

2.82 in, or,

100.87 1.135

801! 37. H4 50.15

18S8

26,070

27,717,740

2-2,182,075

1,087,576,498

20,091,230

2.52 117.152. 94.13

1,001

851 1 37.43

40.77

1889

28,076

30,559,937

23.066,354

987,061.265

25,701,712

2. CO

111.42

48.10

916

821| 32.29

42.79

1890
1891

28,356
29.828

29,234,851
32,622,104

23,466,718

23.650.082

1,050,889,019 27. 700.545
1,080,625,2-28 28,912.743

2.641 118.08
2. OS 122.41

94.78
88.63

977
969

828
792

35.95
33.13

44.78
45.75

GROUP 7. — Northwestern States : Iowa, Minnesota, Nebraska, North Dakota, South
Dakota, Wyoming, and Montana.

gd

s.

PASSENGER TRAFFIC.

PASSENGER EARNINGS.

5| _

Sg|

1,

go

P3_o

^'1

•-?!

^ i"^

1 ^S

I

*t

"i?

Av. Re-

Av.Ttec.

Av.Rec.

o 3 £
o'^'l

d§"S

oil

fr

60

^ Si

Pass'ng'rs

Passenger Gross

ceipts

Av.Rec.

p. Pass.

per

fc|«

K o^

HiS

Ifi

s §

Carried.

Movement. Amount.

p. Pass.

per

"Do •>&

Train

Mile of

• xft£

.• xf •>'

f~i __!H £H

1"

p. Mile.

i a&s.

Mile.

RR.

> s

5*1

>^

Jfito?.

Miles.

No.

Miles. S

Cents.

Cents.

Cents.

S

No.

Miles.

1/ifc*.

1882

6,931

7,055,204

3,365.746

373,114,355 11,135,438

2.98

330.84

157.83

1,599

" 483

52.89

110.87

1888

8.956

8,460,082

6,080,408

415,568,361 12,618,814

3.03

207.53

149.15

1,409

679

49.16

68.34

1884

10,269

9,911,503

6,234,655

451,907,107

13,968,752

3.09

224.05

140.93

1,300

607

45.59

72.48

issr,

11,666! 10,324,565

8,141,838 487,518,261

12,705,463

2.61

156.05

123.06

1 .089

698

47.22

59.88

IMS i

12.330 11,405,751

9,857,463

532,845,784

13,395,692

2.51

135.89

110. S3

1,086

799

46.47

51.00

1SS7 15,:«:,
1S8S 15,910

13, 709.802| 13,502.021
15,939,663! 15,622,266

614,419,651
692,661,056

16,542,726
17,966,430

2.69
2 59

122.52
115.01

120.14

112.72

1.079
1,129

881
982

44.62 45.51
•13.46 44.34

1889, 19,700

19,413,658

14,462,305

812,851,723

20,770,141

2.56 141.17

106.99

1,054

734

41.06

56.21

1890: 20,«59

24.206,739

16.370.723

993,442.025

22,01)1,177

2.21 134.89

91.26

1,059

785

41.04 60.66

1891 20,299

23,891,633

16,831,634

973,961,021

22,635,962

2.32 134.48

9-1.74

1,115

829

40.77

57.86

GROUP 8. — Pacific States: Washington, Oregon, California, Nevada, Arizona, Idaho,
and Utah.

£

.

i,

rf

fl EH

PASSENGER TRAFFIC.

PASSENGER EARNINGS.

rjj «

JH

~ I =

w

° S

S ^

Av. Re-

Av.Rec.

Av.Rec.

0 ,. '-

c ^ ;~

6O

fcr

Pass'ng'rs

Passenger

Gross

ceipts

p. Pass.

per

^ Z~ '

^ I L

|a

||

Carried.

Movement.

Amount.

]). Pass.

Pass.

Train
Mile.

RR.

y

Miles

irt^S

No.

Mties.

S

Cents.

Cents.

Cents.

S

_\n.

1882

4,955

5,020,647

10,510,410

351,912,27!)

10.832,463

8.09

103.00

215.76

2,186

2.121

70. in

1883

5,274

5,179,599

11,870,626

415 84') S:i'i

11,885,001

99.68

228.80

2. -2 1-2

2, -251

SD.-2!»

3S.08

1884

5,363

5,300,097

10,615,821

860,266,817

11,095,129

3. OS

105.00

209. m

2.009

1,979

07.97

18S5

5,835

5,764,672

12,750,891

400,0!!0,701

10,517,500

2! 68

82.43

182.45

1,802

2. 1ST

(.!) II

:J1 .21)

1*86

1887

6,340
8,405

5,648,411
9,860,146

12,703,270
16.468,905

406,521,518
627,178,022

10,577.594
14,2*3,730

2.01

2.28

83.27
86.78

187.20
144.86

1,668
1.699

2.004
1,959

71.98
68.01

1889
1890

9,168
8,381
7,376

9,6f59,635
11,068,018
10,254,095

17.312.150
20,856,095
19,6.95,219

667,9:11.07'-
664,056,178

617,138,716

[6,511,104

15,907,239
13,641,264

2.47
2.40
2.21

95.32
76.37

69.26

170.75
143.72
133.03

1,801
1,896
1,850

•2JSS
2.070

69.18
60.00
60.18

1891

8,319

15,120,990

22.001.3VJ 0-^0.822.029 17,518,350

2.06

77.51

115. 85

2,106

•2.717

45.42

IX

STATISTICS OF FREIGHT TRAFFIC FOR TEN YEARS, 1882-1591.

showing the length of road operated, freight statistics, earnings, etc., etc.,
of all the railroads in the United States from 1882 to 1891, inclusive :

3s

*J

gl

FREIGHT TRAFFIC.

Fr:i:ii;HT EAUN:

"c.i

jf,_.

|d

- ~

*-

Av. Re-

Av.Rec.

Av.Rec.

g £.•=

c £=

B|

So

!•=

— ."I0

Freight
Carried.

Freight
Movement.

Gross
Amount.

ceipts
per Ton
p. Mile.

Av.Rec.
per
Ton.

p. Frei't
Train

Mile.

' RR.°

ll?

'-^~

5

.

Jflto.

7'0/?£.

MUe*.

S

Cfttfe.

Cent*.

Cents.

Tons.

MUe».

Miles.

1882 95,752' 305,118.035
,938350,108,255

1884 113,172 334. S14..V29
1S85 122.110342.2xS.77"
1S8C, 125,146 349,697,537

360.4rtO.375 39,302.209.249 18
400.453.439 44. Oi 14. 923.445 539,509,831

:>/.t9.074.74'.> 44.725.2 ''7. »>; 7 5' 12,869,910
437J i4n.09.i 49.151.S94.4H.I 509,690.992
4*2.215.254 52.802.070,529 550.359,054

1.2:36

1.224
1.125
1.036
1.042

134.75
134.72
126.00
116.62
112.05

159.21
154.09
150.19
148.91
157.34

5.074
5,045
4,443
4,174
4,397

3,764 128.81
3.744125.86
3.526 133 58
3,578 143.59
3,853150.99

M9.02
110.04
112.07
112.46
109.49

".'). 986 394.191.107 552.074.752

61.561,069,996 636,666,223

1.034

115.32

161.51

4,647 4,030 156.16 111.51

.341 410,514,115 590.S57.353 65.423.005.9S8 (539,200.723
.•;->.) 129.4H9.737 r>19.ir,5,f.3() tK677.276.992 665,962,331

0.977

0.970

108.18
107 .-55

155.71
155.06

4,3981 4,065 159. 3f, 110.72
4.333 4.029 159.91 110.90

1890157,976482.900.428691.344.437

79.192.9S5. 125 734.821,732

0.927

106.28

152.17

4,651

4,376163.99

114.55

1891 164.262

493,541,969 704,398,609 81,210,154,523 754,185,910

0.929

107.07

152.81

4,591

4.288164.55

115.29

STATISTICS OF FREIGHT TRAFFIC, BY GROUPS OF STATES, 1882-1891.

GROUP 1. — New England States : Maine, Xe\v Hampshire, Vermont, Massachusetts,
Rhode Island and Connecticut :

$

K
>H

1882

18^3
1884
1SS5

ISSti
1887

1SVJS

1889
1890
1891

l.rn-lhof RRs.
in < )j)cnition.

Miles Run by

Freight, Trains.

FREIGHT TRAFFIC.

FREIGHT EARNINGS.

Aver;i:;v No of
Tons per Mile
of Railroad.

Avo. No. of Tons
Miles p. Freight
Train Miles.

li

i. ~
.-
•<

Freight
Moved.

Freight
Movement.

Gross
Amount.

•

Av. Re-
ceipts
per Ton
p. Mile.

Av.Rec.
Ton.

Av.Rec.
p. Frei't
Train
Mile.

Av.Rec.
per
Mile of
RR.

Mil?*.
6,191
fi,203
6.407
6,476
6,430
6,890
6,702
6.830
7,011
7,316

Miles.
18.004,426
18,316,034

17,709,978
17,654,064
19,687,688
•20.OOS.390
21.171.725
23.741.034
24,701.694

Tons.
28.605,416

80,736,352

30.186,233
83,726,459

34.907.5-23
35.931.454
38,080,825
41.294,970

.42,577,879

Miles.

1,680,009,065

1,807,11-2.979

•2-,->;7.4M
30.436.7fU

Cents.

1.70
1.68
1.59
1.56
1.56
1.57
1.52
1.46
1.37
1.36

Cents.
99.90
99.17
. 95.82
' 93.78
92.17
96.65
95.64
96.95
95.25
93.24

Cent*.

158.72
166.18
164.92
159.84
176.08
170.36
171.72
173.02
165.78
160.72

s

4.616
4,907
4.597
4.371
4.834
4.866
5,126
5.363
5,611
5,427

Tons. Miles.
4,620 93.31
4.P44: 98.67
4,796 108.67
4.661 101.95
5.245 113.16
5,648 108.78
5.361 112.76
5,576 118.24
5,890 120.71
5.820118.30

MU(s.
58.73
58.60
59.88
59.81
59.21
60.83
62.79
65.74
69.40
68.63

1,840.454.111 29.450.680
1.805,432.14-2 2S.307,315
1,907,788,088 31,085,490
8,141,688,0801 33.539.4154
2.25«i.lll,i)03 34.357,573
2,503.328. x22 30,630.576
2.865,747.971 39.337.594
2.9-22.201,512 39,700,748

GROUP 2. — Middle States : New York, Xe\v Jersey. Pennsylvania, Delaware and Mary-

land

• d

i§

^ '^*

FREIGHT TRAFFIC.

FREIGHT EARMNI.-.

= :§_. §f s.

"3

>3 .

il

a£

•s*i't :--^.

-, 9— ~ -

|l

M

-5 —

91 t2

Av. Re-' » -n

Av.Rec.

Av.Rec. -L ~~3

~ ~~ -

K*1

MO

5*

Freight

Freight

Gross

ceipls -vx-IV-<-

p. Frei't

per

'- =r

Z J'g

|i

^ =

<. H

Moved.

Movement

Amount.

per Ton ^

Train

Mile of

•^ ,- '"=

.- •"- ^~

H-( "^

s

p. Mile.

J. WUi

Mile.

RR.

<~

<^

MVf*. Miles.

Jb??s.

JfUto.

Cental.

S

Tons

Jfites

Miles.

1882 15.3S7 90,975.843 164.977. 12S

14.227,517.676

'.413

1.04

162.67

9,618

10.722 181.34

1883 15,805 105.943.051 186.736.924 lti.o49.S74.022 16tUS9,437; 1.04| 89.15
1884 17.361 97,581,439 169.598.953 15.940.696.663 150,590,5891 0.94' &S.78

157.15
1.54.32

10,534 11,752 151.;
8,674 9.769.161.26 94.00

1885 17.7D4 96-.703,586 189.619.916

17.350.714.805

146.497.274 0.84 77.26 151.49

8.2.% 10.656 179 42

91 50

.!)51 103,948,470213,376,307 IS. 279. 443.759

,160.175,405 0.90, 54.50 1.54 09

6.472 11.887 175.85

85.67

. .'77 109.654.097 235.034.r.iXS 20.251. oiS. mix

184,006,221! 0.91

72.72 167.81

9.696 12,385

184.68

86.16

18S8 18.750 117.49fi.741 254.7(H).097

22,662,054.340

188,796,444 0.83

74.12 160.68

10.069 13.584 192.87

88.98

1889 18.951 122,402.6:34 262.296.507 23.415.23s.070 190,175,956

0.81

72.50 155.37

10.035 13,841

191.29

89.27

1890 19.314 134.394.564 292.5S0.992

25.6S6.471, 509

2(13.904.474

0.79

69.69 151.72

10.557 15,149

191.13

87.79

1891 19,694 131, 9.17.001 234.964,375 26,38

:206.731,337 0.78

70.09 156.62

10,497 14.977199.69 89.36

QHOUP3. — Central Northern States: Ohio, Michigan, Indiana, Illinois and Wisconsin.

s
2

>H

Length of RRs.
in Operation.

Miles Run by
Freight Trains.

FREIGHT TRAFFIC.

FREIGHT EARNINGS.

cd

&
C*£

1*3
•^

<

•a 4^

c"3o .

*i*
*Z*

z*$

v a>^

3i

ig

SoH

<u
>
•<

Freight
Moved.

Freight
Movement.

Gross
Amount.

Av. Re-
ceipts
per Ton
p. Mile.

Av.Rec.
per
Ton.

Av.Rec.

*££•

Mile.

Av.Rec.

MU? of
RR.

1882
1883
1884
1885
1886
1887
1888
1889
1890
1891

mien.
34,236
38,903
40,47(5
42,199
43,069
44,055
47,484
49,057
50,936
51,426

JRfeg.

111,205,550

126,029,435
119,741,011
137,025,534
133,660,999
143,484,570
146,104,232
149,014,804
165,501,935
168,769,772

Tons.
112,994,545
118,323,072
120,464,638
132,129,264
144,068,125
165,694,761
172,200.656

MUfS.
15,518.010.669
17,089,931.9:5:5
17,473,731,365
19,084,812,387
20,193,554.359
23,253,827,416
23,570,931 660

$
159,148,556
177,192,410
162,842,520
169,918,478
176,905,378
198,674.931
191,247,258
201,345,358
221,857,561
222,837,762

Cents.
1.G3
1.04
0.93
0.89
0.88
0.85
0.81
0.81
0.79
0.81

Cent*.

140.85
149.75
135.18
128.60
122.79
.119.90
111.06
109.46
108.40
109.00

Cents.
143.11
140.60
135.99
124.01
132.35
138.39
130.9!)
135.12
134.05
132.04

4$649
4.555
4,023
4,027
4,107
4.510
4,027
4,104
4,356
4,333

Tons.

3,300
3,041
2,976
3,132
3,345
3,761
3.626
3,749
4,018
3,975

Miles.
139 54
135.60
145.93
139.28
151.08
162.07
161.33
167.11)
168.52
163.35

Miles.
137.33
144.43
145.05
144.44
140.17
140.34
136.88
135.42
136.28
134.85

183,938,648
204,659,671
204,432,378

,'4,909,317,676
27,891, 074,351
27,567,895,061

GROUr 4. — South Atlantic States : Virginia, West Virginia, North Carolina, South Caro-
lina, Georgia and Florida.

rc

fj

£J

FREIGHT TRAFFIC.

FREIGHT EARNINGS.

^O^j

Its

P,

(9

^

*s ^

^E-i

0~ o

^> ^

fi s

H

a.

so*3

Av. Re-

\ -rr T>f\r>

Av.Rec.

Av.Rec. c^

c ^ c

*£

^

If

|f

Freight
Moved.

Freight
Movement.

Gross
Amount.

ceipts
per Ton

A A .IvGC.

per
Ton

p. Fgt.
Train

Mile of 0- P,

^il

e

S"

ft

p. Mile.

Mile.

RR. ^

|i

•5

MUes.

Miles.

Tons.

MUes.

S

Cents.

Cents.

Cents.

ft Ton ».

Miles.

Miles.

1882

8,162 13,885,500

11,150,122

1,152,261,588

19,775,207

1.71

177.35

142.41

2,424 1,366

82.98

ias.34

1883 8,921 16,313,227

13,019,066

1,231.643,708

23,365,560

.81

179.47

143.23

2,619 1,459

75.13

94.60

1884! 9,107i 20,749,096

13,551,517

1,402.965,358

21,522,686

.53 158.82

103.72

2.363 1,488

67.61

103.53

1885 10,306 18,322,952

15,888,029| 1,712,192,853

23.154,606

.35 145.74

126.31

2,247 1.542 93.45

107.77

1886 10,551 18,228,065

17,894,908' 2,127,137,056

26,047,706

.22 145.56

142.90

2,478 1,696 116.70

118.87

1887: 11,739; 19,962,925

21,354,256 2,329,458.551

28,546,171

.23 133.68

143.90

2,432

1, 819- 1 lf>. 69

109.09

1888i 11,927

20,364.681

25,106,262 2,626,604.87'5

31,204.530

.18j 124-191 153-23

2,616

2.107

128.97

104.54

1889

12,985

22,390,372

2(5,220,032; 2.920,8 14.6.V.'

32.159,860

.10! 12'2.65 143.63

2,477

2.019

130.45

111.40

1890

14,555

27,412,441 35,185,795

3,921,778,157

40,563,011 .03 115.22 147.97

2,787

2.417

143.07

111.46

1891

16,648

28,243,442

37,119,057

4,397,099,189

42,829,544

0.97

115.38! 151.64

2,573

2,230

155.69

118.46

GROUP 5. — Gulf and Mississippi Valley States : Alabama, Mississippi, Kentucky,
Tennessee and Louisiana.

§d

>,*

FREIGHT TRAFFIC.

FREIGHT EARNINGS.

•^ .

li

1

»-"

-

I

||

Miles Run 1
Freight Trai

Average No
Tons per M
of Railroal

•gl|

Average Hi
per Ton.

Freight
Moved.

Freight
Movement.

Gross
Amount.

Av. Re-
ceipts
p. Ton
p. Mile.

Av.Rec.
Ton.

Av.Rec.
p. Frei't
Train

Mile.

Av.Rec.

per
Mile of
RR.

Miles

Miles.

TOM.

MUes.

S

Cents.

Cents.

Vento.

$

Tons.

Miles.

Mile*.

1882

5,903

18,137,639

9,439,435

894,184.392 18,442,277

2.06

195.86

101.68

3,124

1,599

94.74

1883

20,658,380

14.202,335

1,365,478,324 22,611,825

.66

159.21

109.45

3.2:12

2.077

66.10

96.14

1884

8^078

23,244,925

15,1:30,256

1 ,518,1 1 5,396 22,688, 686

.49

149.96

97.61

2,806

1,871

65.30

100.34

1885

9,294

15,680,928

19,187,613

1,985,478,537

28,097,944

.431 146.43

179.19

3,023

2,065

125.34

102.43

1886

8,219

15,333,078

19,041,522

1,990,697,600 26,047,7'06

.31

136.79

169.88

3,169

2,317

129.83

mi r,t

1887

8,514

19,431,861

24,822,850

2,548,635,018

31,590,070

.24

127.26

162.57

3,710 s>.91 (i

130.90

102.47

188S

9,323

20,894,912

29,163,459

2,863,788,358

31,096,462

1.09 10H.03

148.82

3.333 3,128

137.06

98.20

1889

9,709

21,692,537

32.197,406

3,127,783,146

33,537,473

.07

104.16

154.eO

3,454 3,3115

144.19

97.14

1890

9,569

24,267,858

36,780,161

3,618,298.877

37,505,906

.04

101.97

154.55

3,920 3,844

149,98

98.38

1891

10,731

27,003,127

41.127,498

4,016.569,963

40.519,642

1.01

98.52

150.06

3,776 3.K38 148.74

97. (!«

XI

GROUP 6.— Southwestern States : Missouri, Arkansas, Texas, Kansas, Colorado, New
Mexico and Indian Country.

CO .

^-» —

4

FREIGHT TRAFFIC.

FREIGHT EARNING-.

0 a

||

"a

SJ

ej

cijil

r- ^ -2, es .

-£= ss

£

p

—5

Freight

Moved.

Freight
Movement.

Gross
Amount.

i
Av. Re- '*„«-„

ceints AT-nec-
p. Ton i Penr

Av.Rec.
p. Frei't
Train

Av.Rec.
MHe of

il

c ;? ^

-"

s£

p. Mile.

Mile.

RK.

<H°

<^

^

~me*.

MUM.

Tons.

Mfet.

$

Cents. \ Cents.

Cents.

3

i

Ton*. Miles. Miles.

1882 13,962

20,794,400

13,828,827

2,113,863,778

40,742,313 1.93 294.62

195.9:3

2,918

990 101.136 152.86

1SS.-3 16.03S

37,273,537

19.841,078

3,341,110,829 62.954,515! 1.88 317.29

163.89

3.926

1.237 89.64168.39

1SS4 21,112

28,651,583

22.515.007

3,311,851,560' 57,543,820' 1.74 255. .58

200.93 2,725

1,066 115.31 147.09

188T) 19.541

30,967,539

27,690,116

3,663,819,348 63,796,034 1.74 2:30.39

206.01

3,265

1.417 118.31 132.32

1886 20.257

85,811,756

30.014.963

4,315.466.857 67,411,362 1.56 224.59

190.90

3,322

1,482122.21 143.78

22.987

42.10J5.Oti6; 83£97,451

5,057,130.003 77.320.1574 1.53 22s. Id

183.65

3,364

1.475 120.11 149.19

18S9 23,076

45,628,235 35,928,857
46,867,367 37,883,431

4.973,068,582! 73,314,943 1.47 204.05
5.638,169,998 78.596,597 1.21 207.40

160.68 2,812
167.701 2.799

1.378 108.99138.41
1.34!) 120.30 148.83

1890 28.356 50.603.806 38,272.891

6,746,133,009

91,178,601 1.35 238.23 179.97T' 3,216 1,385133.15176.26

1891

29,82.1

55,380,187

39.127,235

6,989,199,835

94.0:3:3,099 1.35 240.33 169.80

3,153 1.312

126.20

178.64

GROUP 7. — Northwestern States :
Dakota, Wyoming and Montana.

Iowa, Minnesota, Nebraska, North Dakota, South

YEARS.

gj

«|

=!

f °

a5*

Z'~

>.i

x».g

= 2

&*

a: .3
o> so

S'l

FREIGHT TRAFFIC.

FREIGHT EARNINGS.

Q

E- ... ^

^i-S

*£
4 ;

c ~

C -i .

*-'£:*

•s^^

6|«

f!l

5i

|

Freight
Moved.

Freight '
Movement.

Gross
Amount.

Av. Re-
ceipts
p. Ton
p. Mile.

Av.Rec.
per
Ton.

Av.Rec.
p. Frei't
Train
Mile.

Av.Rec.

MruTof
RR.

1882

1883
1884
1885

1836
1887
18s.s
1889
1890
1891

Miles.
6,962
8,956
10,269
11.666
12,330
15,325
15,916
19,700
20,859
20,290

J/to*.
14,952,451
17,681,328
17,948,809

Tons.

8,044,805
12,587,518
13,346,313

Jflfe*.

1,674 960,072

32 410 366

Cents.
1.93
1.79
1.58
1.48
1.42
1.29
1.21
1.26
1.06
1.07

Cents.
402.87
301.45
280.10
235.76
221.77
207.71
218.79
240.86
214.17
217.63

Cents.
216.76
214.60
208.27
218.67
220.68
197.49
194.15
186.66
160. -35
171.65

4,655
4.236
3,640
3,402
3,356
3.320
3,240
2,964
3,248
3,555

Tons.
1,156
1,405
1.300
1,443
,513
,598
,481
.231
,516
1,6:33

J/izVe*.
112.02
119.76
132.0:3
147.62
155.25
153.2(5
159.90
14S.51
150.69
1K0.54

Mi/e*.

20S.20
168.23
177.56
159.15
156.02
161.19
180.19
191.64
201.33
203.55

2,117,552,626
2,369,706,964
2,679,319,340

2,910,804.027
3,948,535,382
4,247,549.553

4.645.434,088

37.944,770
37,382,166
39,691,306
41.375.195
50,880,294
51.574,690
58,887,672
87,745,468
72.155,107

18,150,534
18,748,699
25.763.360
26,564,557
31,280,950
42,248,335
42,036,978

16,845,840

18,658,408
2 1,496,253
23,572.870
24,240.830

31,632,004

6 36S.549 651

33,155.532 6,748,708,493

GROUP 8. — Pacific States : California, Oregon, Washington, Nevada, Arizona, Utah
and Idaho.

03

1882
1SS3
1384
1835
1.386
1837
1833
1889
1390
1391

i?
a!

= -

*

g|

FREIGHT TRAFFIC.

FREIGHT EARNINGS.

I .

i

gj*

3 -

n

219.72
209.38
182.07
161.7'4
180.56
213.69
174.01
140.98
191.53
185.77

Freight
Moved.

Freight
Movement.

Gross
Amount.

Av. Re-
ceipts
p. Ton
p. Mile.

Av.Rec.
per
Ton.

Av.Rec.
p. Frei't
Train
Mile.

Av.Rec.
per
Mile of
RR.

_- --5

-J o

* 4.955
5,274
5,363
5,835
6,340
8,406
9,168
8,381
7,376
8,319

JfllM.

10,188,080
8,599,526
7,811,260
7,727,719
6,812,406
14,ia3.540
13.452.317
14,649,343
14,670,449
15,409,763

Tons.
5.526,426
5,073,233
4,732,713
5,503.583
5,467,562
11,867,050
12,774,662
14.3)7.951
10,987,953
11,894.655

Mil*.

1,214,289,85!»

S
24,666,755

Cents.
2.03
2.21
2.33
2.27
2.28
1.26
1.69
1.74
1.56
1.60

Cents.
446.70
463.50
424.44
367.54
413.05
270.57
294.40
245.52
299.23
297.43

OtnU.

242.11
273.44
257.03
261.69
331.51
227.66
279.57
239.80
223.09
229.59

4,978
4,459
3,744
3,467
3,562
3i820
4,120
4,191
4,437
4,253

Tons.
1,115
962
882
943
862
1,412
1,393
1,707
1,483
1,430

Miles.
119.19
123.52
110.31
115.19
144.92
179.81
165.24
1:37.69
142.79
143.40

1,062,216,022
861,686,260
890,125,057
987,238.833
2,535.883.843
2,222,897.»J17
2.017,160,540
2.094.931,600
2,209.722,423

23.514,530
20,077,544
20,228,0:35
22.583.847
32,108,398
37,608,823
35,12S,839
32.729.117
35.378,671

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XX

Statement showing the. number of miles of railroad constructed aud in operation each
year in the United Slates, from 1830 to the close of 1891 inclusive :

YEAR.

Miles in
Operation.

Annual
Increase of

Mileage.

YEAR.

Miles in
Operation.

Annual
Increase of
Mileage.

YEAR.

Miles in
Operation.

Annual
Mileage.

1830.

23

1851...

10,982

1,961

1872

66 171

1831

95

72

1852

12,908

1 926

1873

70 268

4 1 1'(7

1832
1833 .

229
380

134
151

1853
1854

15,360
16,720

2,452
1,360

1874
1875

72,385
74 0!)6

2.117
1711

1834

633

253

1855

18,374

1,654

1876

76,808

2,712

1835

1,098

465

1856

22,016

3,642

1877

79088

2 2SO

1836
1837

1,273
1,497

175
224

1857
1858

24,503
26,968

2,487
2,465

1878
1879...

81,767
86,584

2,679

4,817

1838

1 913

416

1859 . . .

28,789

1 821

1880

93 296

6 712

1839
1840

2,302
2 818

389
516

1860
1861 .

30,626

31,286

1,837
660

1881
1882

103,143
114 712

9,847
11 569

1841

3 535

717

1862

32,120

834

1883

121 455

6743

1842
1843

4,026
4,185

491
159

1863
18(54

33,170
33,908

1,050
738

1884
1885

125,379
128,361

3,924

2,982

1844

4 377

192

1865

35,085

1,177

1886

136 379

8,018

1845

4 633

256

1866

36,801

1 716

1887

149 257

12 878

1846

4,930

297

1867

39,250

2,249

1888

156,169

6,912

1847

5,598

668

1868

42,229

2,979

1889 . .

161,353

5,184

1848 . .

5,996

398

1869

46,844

4,615

1890

166,702

5,349

184()

7,365

1,369

1870...

52,922

6,078

1891

170,601

3,899

1850

9 021

1,656

1871

60,293

7,379

NOTE.— The "annual increase in mileage " usually represents the net increase within the year named. Below
will be found a detailed statement of railroad construction for the three years 18.39-91, and similar statements for
preceding years will be found in past numbers of the MANUAL. The total mileage of all lines in the country at
the end of 1890, as shown by the revised statements presented herewith, was 166,702.69 miles ; construction during
the year, as per construction table following, 4,471.46 miles— total, 171,174.15, from which deduct 194.62 miles now
reported abandoned, and 130.83 miles formerly main track, now reported as sidings, and 247.52 miles net miscel-
laneous decreases, the latter due to the elimination of duplicate tracks, which is largely the result of the more
accurate information now called for by the State Boards of Railroad Commissioners.

Statement of railroad construction in the United States during the years 1889-1891 :

States.

1889

1890

1891

States.

1889

1890

1891

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

Miles.
19.06
43.88
13.06
9.97

"6!&4

Miles.
36.20
24.57
22.00
14.72
5.00

Miles.
5.00
3.39
19.00
5.76
6.00

Missouri..

Miles.
100.88
97.00
295.41
47.10
160.31
5.60

171.35

Miles.
186.67
70.65
223.19
88.17
191.11
59.33

109.13

Miles.
50.87
105.38
130.98
1.40
160.86
35.40

10.52

j Arkansas
Texas

•Kansas

Colorado

[New Mexico
Indian Country 1
Oklahoma Territory, j
Southwestern

New England

92.51

178.05
63.51

185.88

'24 '24

102.49

66.05
67.30
303.20
5.30
46.20

39.15

170.02
36.23
335.00

"8.00

887.65

86.56
157.11
112.75
j 20.40
| 68.89
49.02
168.17

928.25

12.43
76.72
283.06
31.70
139.98
61.05
234.13

495.41

36.70
113.38
23.21
100.75
89.51
47. S9
94.91

New Jersey
Pennsylvania

Iowa
Minnesota

Delaware
Maryland

'Nebraska

Middle

451.68

157.90
364.05
107.45
131.77
150.43

488.05

179.67
174.09
103.97
138.03
138.59

544.25

202.75
152.69
33.41
93.45

171.73

South Dakota

Ohio
Michigan
Indiana
Illinois
Wisconsin
Central North

Virginia
West Virginia
North Carolina
South Carolina

Wyoming

Montana

Northwestern

662.90

378.37
12.01

132.94

829.06

331.28
43.19
158.90
7.00
16.71

500.35

325.39
48.86

175.51

20.40
3.36

77.11

Washington ....

Oregon

911.60

289.41
53.37
314.85
48.54
338.00
139.57

734.35

167.18
104.37
272.56
169.85
356.26
120.31

654.03

200.29
120.10
105.98
203.32
2<)4.73
85.98

California

Nevada..

Idaho
Arizona

85.35

Utah
Pacific
RECAPITULATION.

55.74
664.41

92.51
451.08
911.60

1,183.74
851.18
877.f>5
662.90
664.41

88.06

645.14

102.49
488. OB

1,190.53

928.25
829i08

Iil5.lt

660.07

39.15
544.25
654.03
1,010.40
571.28
495.41
506.35
650.67

Georgia
Florida

South Atlantic....
Alabama

1,183.74

169.00
158.60
172.50
194.32
156.76

1,190.53

280.81
74.41
122.10
170.93
104.61

1,010.40

162.18

224 '.51
31.13
153.38

Middle
( Vntral Northern
South Atlantic
Gulf ^ Miss. Valley.. .
Southwestern

Mississippi

Kentucky. . .
Louisiana

Northwestern

Pacific

Gulf and Miss. Valley.

851.18

752.86

571.20

United States

5,696~.67

5,670.73

4,471.46

XXI

Statement showing mileage of railroads in each State and group of States on December
(1 of each year at various periods since 1850 :

STATES AND
GROUPS OP STATES.

1850

1860

1870

1880

1885

1888

1889

1890

1891

••-*'t glaml :
Maine.
New Hampshire
Vermont
Ma-sachusetts
Rhode Island

245
467
290
1,035
68
402

472
661
554
1,264
108
601

786
736
614
1,480
136
742

1.005
1,015
914
1,915
210
923

1,13551
1.044 17
94675
1,997 80
20999
97556

1,321 34
1,07485
951 88
2,07722
21421
1,00402

1,34011
L11873
96598
2,08285
212 43
1,010 79

1,377 47
1,142 25

98845
2,096 69
21743

1,00664

1.38326
1,14488
1,001 91
2,10032
22348
1,00654

Connecticut
Group I., Total

Ml'kUt Atlantic:
New York

2,507

1,361
206
1,240
39

259

3,660

2,682
560
2,598
127

386

4,494

3,928
1,185

4,656
197

671

5;977

5,991

1.684
6.191
275

1,040

6,309 78

7.370 75.
i;896 35
7,746 20
30395
I 1,13746
1 2191

iMMBsa

7,595 54
1,98073
8,22451
31477
1,200 30
2066

6,730 89

7,706 87
2,035 52
8.401 12
31454
1,22519
2066

6,828 93

7,745 85
2,099 86
8,652 36
31495
1,27004
20 GO

6,86039

7,765 22
2.13241
8,919 98
3-2012
1,269 44
2066

New Jersey
Pennsylvania

Delaware
Maryland /

District of Columbia. )
Group II., Total
C'c/'tf'ti ffortl
Ohio
Michigan

3,105

575
342

228
111
20

6,353

2'?79
2.163
2.790
905

10,577

3,538
1,638
3,177
4.823
IJBto

15,181

5,792
3.938
•4,373
7,851
3,155

18,476 62

7,303 81
5,30073
5,613 77
8,901 66
4.382 90

19,336 51

7.640 77
6,595 91
5,890 26
9,898 15
5,329 82

19,703 90

7,803 99
6.938 21
5,996 66
9.962 28
5.477 05

20,103 72

7,980 49
7,108 48
6.109 19
10.11590
5,612 62

20,42783

8,167 63
7,187 44
6.135 25
10,189 38
5,785 61

Indiana
Illinois
Wisconsin

Group III.. Total
South Atlantic ;
Virginia. . .

1,276

. 384
97
283
289
643
21

9,583

1.379
352
937
973
1,420
402

14,701

1,486
387
1,178
1,139
1,845
446

25,109

1.893
691
1,486
1,427
2,459
518

31,502 87

2,692 58
1,03882
2,978 29
1,687 10
3,11625
1,65447

35,354 91

2,92422
1, -277 64
2,535 58
2.083 97
3.919 94
2,249 76

36,178 90

3.2.35 51
1.3-2789
2,851 63
2.129 37
4,269 20
2.393 33

36,926 68

3,359 65
1,43330
3,128 17
2,289 15
4,60080
2,48952

37,465 31

3,573 64
1.54711
3.205 46
2,491 06
4,870 25
2,566 87

West Virginia
North Carolina
South Carolina
Georgia

Florida

Group IV., Total

Gitlfik Mis*. Valley :
Kentucky

1,717
78

" 183
75

80

5,463

534
1,253

743
862

6,481

1,017

1.490
1.157
990
450

8,474

1,530
1,843
1.843
1,127
652

12,167 51

2,000 94
2,151 54
2,225 96
1,920 29
1,370 46

14.991 11

2,584 93

2.467 64
2.9S5 64
2.250 66
1.49731

16,206 93

2.776 96
2,648 20
3,141 82
2,395 18
1,654 09

17,300 59

2.94-2 38
2,767 38
3.422 20

2.470 85

1.7 30 85

18,254 39

2,962 45
2,99620
3,576 47
2,440 39
1,88001

Tennessee

Alabama

Mississippi
Louisiana

Group V., Total
Southwestern :
Missouri

416

817
38
307

. 5,106

2,000
256
711
1,501
157

6,995

3,965
859
3,244

3.400
1,570
758

289

9,669 19

4,987 97
1,792 18
6,370 37
4,520 02

2.S77 17
1,19496

352 70

11,78618

5,90089
2.045 64
8/205 92
8,764 15
4,03804
1,321 48

97517

12,616 25

5.978 41
2,143 54
8,485 67
8,796 77
4,104 85
1,326 28

1,15514

13.342 66

6.142 0-2
2,203 44
8,70985
8,892 11
4.291 11
1,38877

1,260 65

13,855 52

6,178 45
2,30495
8,812 67
8,890 87
4,44133
1,423 82

1.27-2 OS

Arkansas

Texas
Kansas
Colorado
New Mexico
I«dian Country . . . /

Group VI., Total
Northiv ester n :
Iowa

1,162
655

4,625

2,683
1.092
705

65
459

14,085

5,400
3,151
1,953

1,225

512
106

22,095 37

7,525 42
4,319 50
2,963 49

2,876 73

616 83
1,046 68

31,251 29

8,364 59
5.375 45
4,979 51

4,465 49

901 70
1,80304

31,99066

8,44024
5.470 54
5.124 20
j 2.08263
1 2,47202
94188
1.971 73

32,887 95

8.416 13
5.545 35
5,40747
2,11649
2,610 41
1,002 93
2,19558

33,324 17

8,436 51
5.670 88
5.430 49
2. 222 77
2,699 92
1.04871
2:290 82

Minnesota

Nebraska

North Dakota i

Wyoming

Montana

Group VII., Total
PatiKc:
California
Oregon ... .

655
23

5,004

925
159

12,347

2,195
508
289
739
349
842
206

19,348 65

3.045 05
1,181 21
77610
94893
90595
1,138 97
794 58

25,88978 26,50324

4;121 19 4.20502
1,41201; 1.41364
1,81902 1,68557
947 73 916 18
1.094 83' 1.094 81
1,15312 1.17743
867 92 9-29 09

27,294 36 27,800 10

4.328 03 : 4.484 63
1.455 53 1,503 52
2.004 651 2.309 23
923 181 923 18-
1,094 81 1 1.09757
1.26549' 1,33366
94611! 95968

"U ashington
Nevada
Arizona
Utah

Idaho ;;;;;;

Group VIII., Total . .

593

257

23, 1,934 5,128' 8,79079

10,915 82| 11,421 74

12,01780; 12,61347

RECAPITULATION BY GROUPS OP STATES.

New England Group
Middle Group
Central Northern Group. .
South Atlantic Group
Gulf & Mississippi Val.Gr'.
Southwestern Group

2,507
3,105
1.276
1,717
416

3,660; 4,494
6.353: 10,557
9,583: 14.701
5.463: 6.481
3.727, 5,106
1,162! 4 625

5.977! 6.309 78
15,181 18.47662
25.1091 31.50287
8,474 12,167 51
6,995 9,669 19
14,085 S 22.095 37

6.643 53
19.336 51
35.354 91
14,991 11
11,786 18
31,251 29

6,730 89
19.703 90
36,178 90
16,206 93
1-2.616 25
31,990 66

6,828 93 6,860 39-
20; 103 72 20.42783
36.926 68 37.465 31
17,30059 18.25439
13.34266 13.85552
32 887 95: 33 324 17

Northwestern Group

655 5 004

12 347 19 348 65

25 889 78

26 503 24

27 294 36 ! °7 8QO 10

Pacific Group

23 l'934

5428! 8',790 79

10,915 82

11.421 74

12,017 80; 12.613 47

United States

9.021

30.626 52.92-2

93.296! 128.360 78

156.169 13

161. -3.5-2 51

166.702 69! 170.601 18

XX11

Statement showing the area, population, railroad mileage, and assessed valuation in the
several States, and their relation one to another, on December 31, 1890 :

STATES AXD TERRITORIES.

Area Sq.
Miles.

POPULATION.

Miles of
Railroad.

ONE MILE OP RR.

ASSESSED VALUATION

Total.

Per Sq.
Mile.

To Sq.
Miles.

To In-
habit' nts

Gross.

Per

Capita.

Maine

Miles.

33,040
9,305
9,565
8,315
1,250
4,990

No.

661,086
370,530
332,422
2,238,943
1345,506
746,258

No.
20.00
40.46
34.75
26}. 06
276.40
149.55

Miles.
1.377.47

1,146.89
98S.45
2,096.69
224.43
1,006.64

MUe*.

23.99
8.11
9.58
3.96
5 57
4.96

Miles.
479.93
328.30
336.31
1,007.84
1.539.48
741.33

235,978,716
269,883,842
161,908,43(1
2,154,134,6->0
328,530,559
354,557,515
3,504,993,688

3,683,653,062
586,917,360
546,965,902

*35T

717
486
962
1,060
473

New Hampshire
Vermont

Massachusetts

Rhode Island

Connecticut

New England Group
New York

66,465

49,170
7.815
45,215
2,050
12,210
70

4,700,745

5,997,853
1,444,933
5,258,014
168,493
1,042,390
230,392

70.7:5

121.98
184.89
116.28
82.19
85.37
3,291.31

6,840. 5<"

7,745.85
2,002.81
8,700.58
314.95
1,270.04
20.66

9.72

6.35
3.79
5.20
6.51
9.61
3.39

687.19

774. as

700.47
6(14.33
534.98
820.75
11,151.60

746

614
441
104

New Jersey

Pennsylvania . .

Delaware

Maryland

482,184,824

463

District of Columbia

Middle Atlantic Group
Ohio

116,530

41,060
58,915
36,350

14,142,075

3,672,316

2,093,889
2,192.404
3,826,351
1,68(5,880

121.36

89.43
35.54
60.31
67.54
30.10

20,114.89

7,987.99
7,106.15
6,106.19
10,129.65
5,614.95

5.79

5.14
8.29
5.95
5.59
9.98

703.06

459.73
294.66
359.05
37.7.74
300.43

5,299.721,148

1,732,058,796
945,000,000
779, 007', 94 1
797,773,002
581,264,749

375

433
420
356
213
332

Michigan ...

Indiana

Illinois

56,650
56,040

Wisconsin
Central Northern Group. . .
Virginia

249,015

42,450
24,780
52,250
30,570
59,475
58,680

13,471.840

1,655,980
762,794
1,617,947
1,151.149
1,837,353
391,422

54.10

39.01

30.78
30.96
37.66
30.89
6.67

36,944.93

3,367.65
1,433.30
3,128.17
2.296.65
4,592.83
2,489.52

6.74

12.58
17.29
16.70
13.31
12.95
23.57

364.65

491.73
532.19
517.22
501.23
400 05
157.23

4,835,764,491

396,711,325
187,165.354
226,371.393
146,566,050
415,328,945
91,803,946

359

248
245

140
127
220
235

West Virginia

North Carolina
South Carolina
Georgia

Florida
South Atlantic Group ....
Kentucky •

268,205

40,400
42,050
52,250
46,810
48,720

7,416,645

1,858,635
1,767,518
1,513,017
1,289,600
1,118,587

27.65

46.01
42.03
28.94
27.54
22.96

17,308.12

2,946.33
2,798.98
3,422.20
2,47d.85
1,749.95

15.50

13.71
15.02
15.27

18.94

27.84

428.51

630.82
631.49
442.12
521.93
639.21

1,463,947,013

629,413,192
358,930,210
242,197,531
157,518,906
234,350,792

197

339
203
161
122
210
215

323
153

Tennessee
Alabama

Mississippi

Louisiana

Gulf and Miss. V'y Group .
Missouri

230,230

69,415
53,850
31,400
39,030
265,780
82,080
103,925
122,580

7,547,357
2,679,184
1,128,179

32.78

38.60
20.96

""i;58

8.41
17.39
3.97
1.25

13,388.36

6,142.02
2,213.44
1,260.65

17.20

11.30
24.33

55.87

563.73

436.21
509.69
49.05

1,622,410,631

865,691,803
172.408,497

Arkansas

Indian Country
Oklahoma Territory
Texas
Kansas

61,834
2,235,523
1,427,098
412,198
153,593

8,709.85
8,900.11
4,291.11
1,388.77

30.51
9.22
24.22

88.27

256.67
160.35
96.06
110.60

782.121,883
348,459,944
168,812,247
43,151,920

350
245
410
281

273
466
176
483
298
511
527

Colorado ...

New Mexico

Southwestern Group
Iowa

768,060

56,025
83,365
77,510
70,795
77,650
97,890
146,080

8,097,607

1,911,896
1,301,826
1,058,910
182,719
328,808
60,705
132,159

10.54

34.13
15.62
13.66
25.81
4.23
0.62
0.90

32,905.95

8,416.14
5,545.35
5,407.47
2,116.49
2,610.41
1,002.93
2,195.58

23.34

6.66
15.03
14.33
33.45
29.75
97.60
66.53
22^32

34.61

89.63
65.98
36.52
119.91
103.23
67.14

246.08

227.17
234.67
195.82
86.33
125.96
60.47
60.19
182735

174.81
89.40
215.57
278.60
49.56
54.46
164.29

2,380,646,294

522,567,477
606.5-27.729
176,012,8-^0
88,203,044
97,342.441
81,000,000
69,600,000

Minnesota

Nebraska

North Dakota

South Dakota

Wyoming
Montana

Northwestern Group
Washington

609,315

69,180
84,800
96,030
158,360
110,700
113,020
84,970

4,977,023
349,390
84,385
818,767
1,208,130
45,761
59,620
207,905

8.17

5.05
1.00
3.27
7.63
0.41
0.53
2 45

27,294.37

1,998.65
946.11
1,455.53
4,336.45
923.18
1,094.81
1,265.49

1,591,253,511

124,795,449
25,748,43?
114,077,788
1,282,212,815
24,663,885
20,313,500
46,879,078
1,644.190,447

320

530
305
364
1,061
539
441
223

Idaho
Oregon

California ,

Nevada

Arizona

Utah

Pacific Group

717.060

2,268,9581 3.16

12,020.221 59.65

188.76

725

United States

3,024,880

62,622,250

20.70

166,817.41

18.13

375.39

22,842,927,238

357

NOTE.— In Pennsylvania there is no tax levied on real estate. The principal sources of revenue are the taxes
on corporations, personal property, collateral inheritances, etc., besides commutation tonnage duties, retailer's
licenses, etc. In Delaware there is no tax levied nor assessments made by State officers, the revenue being de-
rived from taxes on corporations, interest and dividends on investments, licenses, inheritance fees. etc.

XX111

Statement showing the length in kilometres, 1880-1884, aud in 1887, 1888, and 1889, of all
the RAILROADS IN THE WOKLD, arranged by the political and geographical divisions thereof :

COUNTRIKS.

DATE OP OPKN-

ING FII^T LINK.

1880

1881

1882

1883

1884

1887

1888

1889

Germany

Dec. 7, 1835

33,781

34,327

34,962

35,907

36,737

].iixemburir.

Sept. 13, 1839

370

as?

425

430

435

j-39,,8o

40,826

41 ,793

I'.ritfuu
Prance

Sept. 27, 1825
Oct. 1, 1828

28,860
25,932

29.249

27.376

29,703

2S.«i3S

30,062
I 29,474

30.357
30,989

31,501
34,227

31.878
35,263

32,088
36,348

Hu-^ia

April 4

23.524

23.649

24,727

25,565

26,008

28,517

29,410

30 140

Austria-Hungary

Itulv

Sept. 20, 1828
Oct 3. 1839

18,704
8,788

19.126
8,774

20,006
9,042

20,857
9.455

22,106
9,925

24,705
11,689

25.731
12.351

26,501
13063

Spain

Oct. 30, 184S

7.455

7,739

7,848

8,251

8,663

9,421

9,669

9860

:i

Feb. 9, 1851 /

> 7.3^

7.527

7910

Norway

July 14. 1853 i"

7,079

7,519

7.755

7,961

8,162

"l 1.562

1,562

1,562

Belgium.

Maj 5. 1835

4.111

4.1S2

4;294

4,319

4.366

4.760

4,828

5 174

Switzerland

June 15, 1844

3.635

2.671

2,829

2,884

2.S90

2,919

2,974

3,104

Holland and Luxemburg
Roumania

Sept. 13, 1839
Oct 4, 1860

I,7W

1.384

1,909
1 .470

1,981
1 478

2,092
1,520

2.219
1,602

2,957

2.405

3,000
2475

3,037
2 543

Turkey

Oct. 4, 1860

1.394

1.394

1.394

1.394

1,394

1,394

1,649

1 765

Denmark

Sept. 18, 1844

1,579

1.622

1 762

1.813

1,944

1,965

1 969

1 969

Portugal
Greece

July 9, 1854
Feb. 18, 1869

1,248
13

1,261
13

1,482
13

1,494
22

1,527

175

1,804
013

1,913
670

2,060
708

Servia

244

517

526

5->g

Malta

107

107

110

Total Europe

British Empire
Ceylon

Sept. 27,11825

April 18, ia53
Oct 1 1865

168,649

14,729

217

172,668

15.898
286

T78340

16,211

286

183,500

16,820

317

189,803

18,558
317

208,237

22.665
289

214,328
23,359

289

220,261
25,488
289

Jaya

Aug. 10, 1867

411

505

613

707

938

Dutch Possessions

- 1,160

1,227

1,283

Asia Minor

394

452

497

497

555

598

658

720

Japan . . ...

Oct 17, 1873

121

158

223

294

400

935

1 160

1.460

Asiatic Russia

1 °??

1 433

1,433

Malay States

45

50

50

China

45

138

200

Cochin China . . .

83

83

83

Persia

18

18

Total \sia

15 872

17299

17 830

18 635

20768

27097

28415

31.024

United States
Canada (incl. Newf'dl'd)
Mexico.

April 17, 1827
Mar. 19, 1847
Oct. 8. 1850

150,607
11,090
1 055

165,991
11,688
2JOOO

184,607
12,123
3 573

195,456
14,176
4 650

201,770
15,414
5 456

241,210
20.028
6 562

0,00^

251,292
20,587
6 723

259,687
21,624
8,600

Costa Rica

Jan 19 1872

120

170

172

178

178

Nicaragua

Summer of 1880

20

56

92

92

Guatemala

June 20 1880

45

45

93

170

}• 800

858

900

Honduras

Sept 25 1871

90

90

00

96

111

Salvador .

July 15 !Sx2

24

24

24

1

Cuba

Au<* 9 1839

1 382

1 400

1 410

1 500

1 600

1 600

1 600

1 700

Jamaica

NOT 21 1S45

40

40

40

52

52

|

Trinidad

26

26

26

26

26

\ 429

474

474

Colombia

[-Fall, 1880 1

121

173

193

225

243

287

342

371

Venezuela
British Guiana...

Feb. 9, 1866
Sept 1 1864

111

34

113
34

113
34

164
34

164
34

293
35

400
35

709
35

Brazil ....

April 30 1854

3 500

4 027

4 si -4

5 600

6 115

8 486

8 930

9 300

Argentine Republic
Uruguay

Dec. 14, 1SW4
Jan 1 1869

2,473
431

2,590
431

2.023
431

3,500
431

4,576
431

6.446
556

7,256
64°

8,255

757

Paraguay

Oct 1 1863

72

72

7°

7°

72

15°

240

Chili

January 1852

1,898

1 898

2 100

2 203

2 275

2838

2 900

3 100

Peru .

"Mav 29 1851

1 852

1 852

1 85°

1 852

1 85^

1 347

1 347

1 600

Boliyia

1873

130

130

'l30

*

70

130

171

Ecuador .

64

64

64

64

64

151

204

269

Barbadoes

Sept. 10. 1883

36

36

36

Hay ti

115
ia

115

115

Total America

175,098

192 854

214 662

230 624

240 755

291 343

18
304 005

317 925

Egypt . . .

Jan 26 1856

1 494

1 518

1 518

1 518

1 518

1 500

1 519

1 541

Cape Colony

June 26, 1860

1,457

l'54?

1 560

l'95°

2 339

2 795

2 858

2873

Algeria

Ano1 15 18H2 )

Tunis

July 5 1873)

1,405

1.623

1,860

1,891

2,032

2.476

2,850

3,094

Natal

159

159

159

250

250

350

350

376

Mauritius

May 13 1862

132

148

148

148

i

Reunion

14

115

115

125

125

I

751

751

Senegal

10

100

317

i «

Total Africa

4.635

5,094

5370

5 984

6 729

7 87°

8 328

8 635

New South Wales. .
Victoria
Queensland

May 29, 1855
Sept. 13, 1854
July 31 1865

1,363
1.930
1.019

1,603
2,007

1 2-N

2,117
2,182

1 395

2,353
3,515

1 674

2,677
2,717;
1 943'

3,348

3.137

0 S4H

3,607
3.487
3 107

3,624
3,682
3 320

South Australia
West Australia . .
Tasmania
New Zealand

April 26, 1856
Jan. 21, 1864
Feb. 19, 1871

1,090
115
276
2,025

1.339
148
276
2,072

1,521
152
268
2,358

1,590
185
268
2,382

1,710
222

346

2,527

2.340'
374
512
2.977

2.614
406
526
3,007

2,827
800
603
3,066

1 otal Australia

7,823

8,733

9.993

10,967

12,142

15,297

16,790

17,922

Grand Total

I

372.077

396,648

426,195

449,710i

470,197

550,077

571,830|

595,767

* Territory in which railroads \vere located taken by Chili.

XXIV

Statement showing the length of lines owned, share capital, funded and other debts;
length of lines operated, gross and net earnings, and interest and dividends paid, by all the
railroad companies of the United States (including Elevated roads in New York and Brook-
lyn) for their respective fiscal years from 1876 to 1891, both inclusive :

L'gth of
Line
Owned.

Capital
Stock.x

Funded

Debt.

Other Debt.

L'srth of
Line
Oper'd.

Gross
Traffic

Earnings.

Net
Traffic
Earnings.

Interest
Paid.

Dividends
Paid.

1876..

M.

76,305

2,248,358,375

$

2,165,141,368

$

55,092,192

M.

73,508

497,257,959

$

186,452,752

$
93,559,573

$
68,039,668

1877..

79,208

2,313,278,598

2,255,318,650

237,604. 774

74,112

47'2,909,27'2

170,976,697

98,820,927

58,556,312

1878..

80,832

2,292,257,877

2.297,790,916

182,248,556

78,960

490,103,351

187,575,167

103,160,512

53,629,368

1879..

84,393

2,395.647,293

2,319,489,172

156,881,052

79,009

525,620.577

216,544,999

112,237,515

61,681,470

1880..

92,147

2,708,673,375

2,530,874,943

162,489.939

82,148

613.733,610

255,557,555

107,866,328

77,115,371

1881..

103,530

3,177,375,179

2,878,423,606

222,766,267

92.971

701,780,982

272,406,787

128,587.302

93,344,190

1882..

114,461

3,511,035,824

3,235,543,323

270,170,982

104,971

770,209,899

280,316,696

154,295,380

102,031,434

1883..

120,552

3,708,060,583

3,500,879,914

268,925,285

110,414

823,772,924

298,367,285

173,139,0641 102,052,548

1884..

125,152

3,762,616,686

3,669,115,772

244.666,596

115,704

777,396,317

270,890,955

178,058,382

94,414,835

1885 .

127,729

3,817,697,832

8,766,727,066

259,10H.2S1

123,320

772,568,833

269,493,931

187,426,035

77,672,105

1886. .

133,606

3,999,508,508

3,882,966,330

280,fJ7'3,Hl4

125,185

829,940,836

300,603,564

189,036,304

81,654,138

1887..

147,999

4,191,562,029

4,186,943,116

294,682,071

137,028

940,150,702

334,989,119

203,790,352

91,573,458

1888..

154,276

4,438,411,342

4,624,035,023

306.952,589

145,387

960,256,270

301,631,051

207,124.288

80,243,041

1889..

159,994

4,495,099,318

4,828,365,771

357,477,160

153,945

1,002,926,059

322,122,721

218,974,214

81,262,523

1890..

163,420

4,640,239,578

5,105,902,025

376,494.297

158.037

1,097,847,428

346,921,318

226,799,682

85,075,705

1891..

167,909

4,809,176,651

5,235,295,074

345,362,503

164,324

1,138,024,459

356,209,880

231,259,810

90,719,757

The following statement shows the increase in share capital, funded and unfunded debts,
of all the railroads of the United States during the past eleven years, 1880 to 1891 :

YEAR.

Capital Stock.

Stock,
Increase.

Funded Debt.

Funded Debt,
Increase.

Unfunded
Debt.

Unfunded
Debt,
Increase.

Total
Increase.

1880 . .
1881

$
2,708,673,375
3,177,375,179

S

313,026,082
468,701,804

2,580,874,943

2.878,423,606

S
211,385,771

347,548,663

S

162,489,939
222,766,267

5,608,887
60,276.3;»8

S

530,020,740

876,526,795

1882
1883 . .

3,511,035,824

3,708,060,583

333,660,645
197,024,759

3.235,543,323

3,500,879,914

357,119,717
265,336,591

270,170,962
268,925.285

47.404.1195
*1, 245,677

738.185,057
461,115,673

1884
1885

3,762,616,686

3,817,697,832

54,556,103
55,081,146

3,669,115,772
3,765,727,066

16S,235,858
96,611.294

244,666,596
259,103,281

*24,258,689
14,441,685

198,533,272

166,134,125

1886
1887
1888
1889

3,999,508,508
4,191,562,029
4,438,411,342
4,495 099 318

181,810,676
192,053,521
246,849,313
56,687,976

3,882,966.380
4,186,943,116
4,624.035,023

4.828,3(15.771

117,239,264
303,916,786
437,091 ,907
204,330,748

280,673,814
294,682,071
306,952,589
357.477 160

21,565,533
14,008,257
12,270,518
50,524,571

320,615,473
510,038,564
696,211,738
311,543 295

1890 . .
1891

4,640,239,578
4,809,176,651

145,140,260
168,937,073

5,105,902.025
5,235,295,074

277,536,254
129,393,049

376,494,297
345,362,503

19,017,137
*31, 131,794

441,693,651
267,198,328

* Decrease.

STATISTICS OF ROLLING STOCK EQUIPMENT.

Statement showing the rolling stock owned by the railroads in the United States (includ-
ing elevated railroads) at the close of their respective fiscal years, 1877 to 1891, inclusive :

YEAR.

Locomotive
Engines.

15,911
16,445
17,084
17,949
20,116
22,114
23.623
24,587
25,937
26,415
27,643
29,398
31,041
32,241
34,022

REVENUE CAKS.

Passenger.

Baggage,
Mail, and
Express.

Freight.

Total.

1877.

12,053
11,683
12,009
12.789
14,548
15,551
16,889
17,303
17,290
19,252
20,457
21,425
22,885
22,958
24,497

3,854
4,413
4,519
4,786
4,976
5,566
5,848
5,911
6,044
6,325
6,554
6,827
7,053
7,253
7,368

392,175
423,013
480.190
589,255
IMS. -3!r)
730,451
778,663
798,899
805,519
845,914
950,887
1,005,1 Hi
1,051,169
1,061,970
1,110,304

408,082
439,109
496,718
556,980
667,819
751,568
801,400
821,613
828,853
871,491
977,898
1,033,368
1,081,107
1.092.241
1,142,169

1878

1879.

1880

1881 ...

1882

1883

1884 .

1885

1886

1887

1888

1889

1890 ...

1891

XXV

Statement showing the number of miles of steel rails aud iron rails ; also the percentage
of steel rails to the total track of all railroads (including elevated railroads) in the United
States, for the years 1880-01, inclusive :

YEAR.

Miles

Steel Rails.

Miles
Iron Rails.

Total

Miles.

Per Cent.
Steel of Total.

1880. .

33,680

81.967

115.647

29.1

1881

1883

49,063
66,691

7S.491

81,473
74,269
70,692

130,536
140,960
149,183

37.5
47.3
52.7

1884
11-185

90,243
98,102

66,254
62.495

156,497
160,597

57.6
61.0

1886...

105,724

62,324

168,048

62.9

18S7 . .

1-25,459

59,588

185,047

67.7

1888

188,516

52,981

191,497

72.3

1889 •
1890

151.723
167,606

50,513
40,697

202,236
208,303

75.0
80.4

1891

174,931

39,756

214,687

81.5

Comparative Statement showing the averages per mile of stock, bonds, cost, and earn-
ings, percentage of expenses to earnings, earnings per passenger train mile and per freight
train mile, per passenger mile, and per tonnage mile, etc., for years 1885 to 1891 inclusive :

1891

1890

1889

1888

1887

1886

1885

Capital Stock p. M. of Completed Road

28,641

$
28.333

S
28,095

S
28,768

$
28,321

»!n

s

29,867

Bonded Debt p. M. of Completed Road

31,179

31.244

30,178

29,972

28,290

29^062

29,453

'•Cost of Rd. & Equip't" p. M. Com. Rd.

53,648

53,783

53,740

54,008

52,699

54,301

55,059

Pass. Earn, per Mile of Road in Oper. .
Fgt. Earn, per Mile of Road in Oper. .

1,770
4,591

1,723
4,651

1.688
4333

1,729
4,397

1,756
4,649

1,693
4,397

1.612
4,219

Gross Earn, per Mile of Road in Oper.

6,926

6,946

0.324

6,540

6,861

6,570

6,265

Net Traffic Earn . p. M. of Road in Oper.

•2.163

2,195

2,045

2.444

2,376

2,185

Percentage of Expenses to Earnings . .

88.88

68.33

67.95

68.72

64.45

63.84

65.12

^

%

^

S

S

S

8

Pass. Earnings per Pass. Train Mile. . .

0.907

0.920

0.932

0.937

1.008

1.006

0.949

Freight EarnTngs per Freight Train M.

1.523

1.522

1.550

1.557

1.615

1.573

1.513

Gross Earnings per Revenue Train M.

1.354

1.359

1.374

1.380

1.445

1.443

1.366

Gross Expenses per Revenue Train M.
Net Earnings per Revenue Train Mile.

0.932
0.42-2

0.929
0.434

0.934
0.440

0.948
0.432

0.931

0.514

0.921
0.522

0.892
0.474

Pass. Earnings — Proportion of Gross.

per cent.
25.84

per cent.

•25. '24

per cent.

26.13

per cent.
26.44

per cent.

25.82

per cent.
25.77

per cent.
26.25

Fgt. Earnings — Proportion of Gross . .

67.00

68.12

67.13

67.24

68.38

06.94

67.90

Other Earnings— Proportion of Gross.

7.16

6.64

6.71

6.32

5.80

7 "29

5.85

Cents.

Cents.

Cents.

Cents.

Cents.

Cents.

Cents.

Earnings per Passenger per Mile

2.184

2.174

2.169

2.246

2.276

2.194

2.198

Earnings per Ton per Mile

0 929

0 927

0 970

0 977

1 034

1 042

1 036

Miles.

Miles.

Miles.

Miles.

Miles.

Miles.

Miles.

Average Distance per Passsenger
Average Haul per Ton

23.95

115.29

24.05
114.55

24.18
110.90

24.79

110.72

24.68

111.51

25.27
109.49

25.99
112.46

per cent.

per cent.

per cent.*

per cent.

per cent.

per cent.

per cent.

Interest per cent, of Bonds

4.25

4.27

4.40 "

4.35

4.71

4.75

4.77

Interest per cent, of Bonds and Debt .

4.10

4.09

4.09

4.17

4.55

4.53

4.62

Dividends per cent, of Stock

1.85

1.80

1.81

1.77

2.18

2.04

2.02

Int. & Div. p. c. of Stock, Bds., & Debt

3.06

3.04

3.03

3.03

3.40

3.26

3.36

With this we present the twenty-fifth annual number of the MANUAL.
In 1867, when the compilation of the first number was undertaken, the length
of all railroads in the country was 39,250 miles. The statistics herewith
presented show a total mileage, January 1, 1892, of 170,601 miles, the increase
in the quarter century being 131,351 miles, or 435 per cent. In the past twenty-
five years the mileage of railroads in Xew England, where the development has
been without speculative feature, has increased from 3,938 miles to 6,860. in
the six States comprising the Middle Group the increase has been from 9,190
miles to 20,428 miles ; and in the South, from 9,940 miles to 32,110 miles.

XXV]

Throughout the Western States, from the Ohio and Mississippi Rivers on the
East to the Rocky Mountains on the West, comprising a vast empire 1,626,390
square miles in extent, where the progress of the nation has been most rapid
and its increase in wealth most marked, the railway has been the great instru-
ment in opening up new territory to settlement, and furnishing the means of
transportation without which these lands would be still undeveloped and unpro-
ductive. In 1867 there were only 15,777 miles of railroad in these States, against
100,599 miles in 1891. Of this mileage only a small portion in 1867 was west
of the Mississippi, where there are now 50,000 miles of line. In 1867 the mile-
age in the States on the Pacific Coast was 431 ; in 1891, 12,613 miles.

The rate of increase in the mileage of our railroads in the period named,
vast as it has been, has been greatly eclipsed by their operations of all kinds.
In 1866, from carefully prepared data, the tonnage of our railroads did not
exceed 47,872,500 tons, the mileage for that year being 36,801 miles. In 1891
their tonnage equalled 704,398,609 tons for 170,601 miles of line. At $20 the
ton, the value of the merchandise moved in 1866 equalled $957,450,020 ; of
that moved in 1891, $14,087,972,180. These statements sufficiently show the
magnitude and rapidity of increase of the mileage and traffic of our railroads,
and the importance, as well as the great labor, of recording such increase and
of presenting results in a manner to be available at a glance to every man of
affairs as well as to all interested in the progress of the nation.

The present number of the MAXUAL appears somewhat earlier in the year
than the preceding numbers, but not so early as we had hoped, owing to the
difficulty, which must be apparent to every one who considers the number of
companies with which we have to deal, of collecting seasonably the necessary
information. The comprehensive summaries cannot be entered upon until the
reports from all the companies have been received and their contents prepared
for publication. These summaries present many new and important features,
among them being detailed statements of the bonded indebtedness of the lead-
ing lines in a form never before attempted.

In the following statement are given the mileage, gross and net earnings
of all the railroads in the United States (including Elevated railroads in New
York and Brooklyn) for the eight years 1884-1891, inclusive, and deductions
therefrom :

Gross

Net

INCREASE OR DECREASE OVER PRECEDING YEAR.

Road

Gross

Net

Worked.

Earnings.

Earnings.

ings
Mile.

ings
per
Mile.

Road
Worked.

Gross
Earnings.

Net
Earnings,

Gross
Earnings
per Mile.

Net
Earnings
per Mile.

Miles.

$

$

$

$

antes.

S

$

$

$

1884..

115,704

777,396,317

270,890,955

6,663

2,318

5,290

*46,376,607

*27,476,330

*798

*384

1885..

123,320

772,568,883

269,493,931

6,265

2,185

7,648

*4,827.434

* 1,397, 024

*398

•188

1886..

125,185

829,940,&36

300,603,564

6,570

2,3^6

1,865

57,371,953

31,109,633

305

191

1887..

137,028

940,150.702

334,989,119

6,861

2,444

11,843

110,209,866

34,385,555

291

(is

1888..

145.387

960,256,270

301,631,051

6,540

3,045

8.359

20,105,568

*33,358,068

*321

*399

1889..

153,725

1,002,926,059

322,122,721

6,524

2,095

8.338

42,669,789

20,491,670

*16

BO

1890. .

158,037

1,090.642.560

346,921,318

6,901

2,195

4,312

87,716,501

24,798,597

377

100

1891..

164,324

1,138,024,459

356,209,880

6,926

2,168

6,287

47,381,899

9,288,562

25

*17

* Decrease.

XXV11

Compared with 1890, gross earnings increased 847,381,899, to which in-
crease the elevated railroads contributed $682,423, the remainder, $46,699,476,
being the increase upon the surface roads, made up by increases of $18,478,735
in passenger earnings, $19,364,177 in freight earnings, and $8,856,564 in mail,
express, and other miscellaneous earnings.

Tiie total number of miles of railroad in the United States at the close of
1891 was 170,601, of which 4,471 miles were constructed during the year. The
mileage of lines making returns of their share capital and funded and floating
debts equalled 167,909, against 163,420 for 1890, the increase being 4,489 miles,
the rate of increase being 2. 7 per cent.

The share capital corresponding to the mileage completed at the end of
1891 equalled $4,809,176,651, against $4,640,239,578 in 1890, the increase
equalling $168,937,073 the rate of increase being 3.6 per cent.

The funded debts of all the lines at the close of the year aggregated $5,235,-
295,074, a sum $129,393,049 in excess of the total of 1890 ($5,105,902,025), an
increase of 2.5 per cent.

The other forms of indebtedness of the several companies at the close of
the year equalled $345,362,503, against $376,494,297 for 1890, a decrease of
$31,131,794. The total share capital and indebtedness of all kinds of all the
roads making returns equalled at the close of the year $10,389,834,228, an
increase in the year of $267,198,328 over the total of 1890 ($10, 122,635,900), the
rate of increase for the year being 2. 6 per cent.

The cost per mile of all roads making return, as measured by the amount of
their stocks and bonded indebtedness, equalled $59,820, against $59,577 for 1890.

In 1880 the total capital investment of the railroads of the United States,
measured by the amounts of their share capital, funded and unfunded debts,
was $5,108,241,906. Their gross earnings in that year equalled $615,401,931,
or 12.4 per cent, on capital invested, while net earnings amounted to $255,-
193,436, being 4.9 per cent, on capital invested.

In 1885 the total capital investment was $7,852,533,179 ; gross earnings
equalled $772,568,833, or 9.9 per cent, on capital invested; net earnings, $269,-
493,931, being 3.4 per cent, on capital invested. In 1886 the total investment
was $8,163,148,652 ; gross earnings were $829,940,836, equal to 10.2 per cent, of
investment, and net earnings $300,603,564, or 3.7 per cent, on capital. In 1887
the total investment was $8,673,187,216; gross earnings were $940,150,702,
equal to 10.8 per cent, of investment, and net earnings $334,989,119, or 3.9 per
cent, on capital. In 1888 the total investment was $9,369,398,954 ; gross earn-
ings were $960,256,270, equal to 10.2 per cent, of investment, and net earnings
$301,631,051, or 3.2 per cent, on capital. In 1889 the total investment was
$9,680,942,249 ; gross earnings were $1,002,926,059, equal to 10.3 per cent, on
investment, and net earnings $322,122,721, or 3.3 per cent, on capital.

In 1890 the total investment was $10,122,635,900 ; gross earnings were
$1,097,847,428, equal to 10.8 per cent, on investment, and net earnings $346,-
921,318, or 3.4 per cent, on capital.

In 1891 the gross earnings of $1,138,024,459 equalled 9.1 per cent, of the
total investment, aggregating $10,389,834,228; and net earnings, $356,209,-

XXVI 11

880, equalled 3.1 per cent. The total amount of interest payments in 1891
were equal to 4.25 per cent, of the aggregate bonded indebtedness of all com-
panies, as against 4.27 per cent, in 1890 and 4.40 per cent, in 1889 ; and the
total amount of dividend payments was equal to 1.85 per cent, on all paid-up
capital stock in 1891, 1.80 per cent, in 1890, and 1.81 per cent, in 1889.

During the period for which a large proportion of the companies reported
in 1891, the business interests of the country were in a depressed condition,
and the effects of this depression are evidenced in the statistics now presented
in the MANUAL. But the abundant crops of last year, and those now to a large
extent assured for this year, would seem to predicate an unusually brilliant
showing when the next number of the MANUAL shall be issued.

As the purpose of the " MANUAL OF RAILROADS " is to present a faithful
abstract of the reports, or statements however made, of the several railroad
companies of the United States, the publication of a New Annual Number, the
present being the Twenty-Fifth, calls for but few remarks from the Publish-
ers, the few that are deemed necessary being chiefly explanatory. The briefest
examination of their work will impress every one with the great amount of
labor involved, the collection and preparation for publication of the reports of
a vast number of companies, each consulting its own ideas and conveniences as
to the kind of statement to be made, and as to the time and mode of its publi-
cation. The fiscal years of the several companies also differ greatly as to date.
Of course each year helps to bring about a better system and greater uniformity
in their reports, due very largely to the requisitions of Boards of Railroad Com-
missioners now appointed for nearly every State. The United States Inter-
State Commission has also rendered valuable service in the same direction. A
most desirable improvement would be the establishment of a fiscal year com-
mon to all the companies. The tendency of the greater number is to adopt the
30th of June for the close of their fiscal year. A large number of important
companies, however, still adhere to the old time, the close of the calendar year,
a rule which prevents the earlier issue in the year of the MANUAL. As the Rail-
road Companies do not usually publish their reports until a considerable time
has elapsed after the close of their fiscal years, and as a long time also elapses
before the reports of the Railroad Commissioners for the several States are
made public after they are submitted to the several State authorities, it has so
far been impossible to issue the MANUAL at dates earlier than those at which it
usually appears. Another cause of delay is the submission to the proper officers
of the several railroad companies of proofs of the statements of their reports
prepared for publication in the MANUAL. Such submission for correction gives
a semi-official character to every statement published in the MANUAL, a fact
which greatly increases its value to the public, as all but absolute accuracy is
thereby secured.

Attention is specially called to the accompanying Tabulations of the progress
and results of the operations of the railroads of the country for a series of years.
They are of great interest and value, presenting at a glance information beyond
the reach of people actively engaged in affairs, as they are to be arrived at only
by a vast amount of laborious research by experts. By referring to the Intro-

XXIX

duet ion to the MAXL'AL one has all this information fully prepared for use.
Xothing will more impress one with the magnitude of our Railroad System, and
the labor required in properly setting forth the results that have been actiieved.
The progress made by our people in the construction and management of rail-
roads has no parallel, and is the most significant illustration of the value of our
Political Institutions which have no other warrant than their usefulness and
which leave the articulations of the people perfectly free.

With the increase in number and importance of railroads, and with the
wider relations and the greater volume of their traffic, the time has come when
much matter heretofore included in one volume is to be omitted to appear in
another place and form. The publishers of the MAXL'AL have consequently
determined to publish two Supplementary Volumes — one entitled " POOR'S
DIRECTORY OF RAILWAY OFFICIALS," the other, " POOR'S HAXD-BOOK OF Ix-
VESTMEXT SECURITIES.'' In the first will be given, in addition to a full list of
the railroad companies of the United States, and of the contiguous countries of
Canada and Mexico, and of the important officers connected therewith, detailed
statements of the railroads of other American States, of private tramways, and
of the street railways of the United States and Canada. Street railroads, now so
important a factor in the movement of our urban population, though of little
interest for the general public, possess a great interest to investors, manufact-
urers, etc.

" POOR'S HAXD BOOK OF IXVESTMEXT SECURITIES " will cover the entire
field of investment in the United States — the financial condition, indebtedness,
sources of income, assets and population of every State, county, city, and
town issuing its obligations for any purpose. It will also contain full state-
ments of the industrial enterprises in which the public, by virtue of holding
evidences of debt issued by them, secure an interest. Such enterprises have in
recent years become very numerous and important, the tendency in every
department of production and distribution being toward consolidation of
smaller into greater interests. Our people have a continent for their field, and
the unexampled progress in the number and traffic of their railroads is only an
illustration of that which has been made, and which is to be made, in every
department of enterprise and industry. Of the industrial enterprises springing
up on every hand, the public requires information as trustworthy as that now
supplied by the Manual in reference to railroads, and to which we appeal in
evidence of the faithfulness and competency likely to be displayed in the new
enterprises upon which we have entered.

XXX

[ADVERTISEMENT.]

Tlie statements of the street railways of the country— those operated with
horse, electric, and cable power— are omitted from this number of the « manual,"
but are presented In « Poor's Directory of Railway Officials and Manual of Ameri-
can Street Kail ways " In more complete form. A sample statement (that of the
Brooklyn City RR. Co.) follows :

Brooklyn City RR.— Length of main line and branches, 83.75 miles ; 2d track, 76 miles ; sidings,
16.25 miles— total length of all tracks owned, 176 miles. Gauge, 4 ft. 8.} in. Rail (centre bearing steel), 45 to 04 Ibs.
This company operates a number of lines of railroad upon the leading thoroughfares of Brooklyn. Its most im-
portant terminals in the Western District of the city are at Fulton Ferry and the Brooklyn terminus of the Hast
River Bridge, whence its lines radiate in all directions through the city. In the Eastern District its most important
terminal is at the Broadway and Greenpoint Avenue Ferries. History: Organized under the General Railroad
Law and filed Articles of Association December 17, 1853. Construction begun on April 10, 1854, and in July,
1854, the first section, from Fulton Ferry to City Hall, 0.74 mile, was opened for traffic. In September of the
same year the extension from City Hall to Brooklyn Avenue, 2.69 miles, was completed. In March, 1875, the
line was extended to East New York, 5.6 miles, from Fulton Ferry. The Myrtle Avenue line, from City Hall to
Broadway, 2.91 miles, was built in 1854, as also the line from Fulton Street to N. 13th Street, 3.82 miles. This
latter line was further extended in 1855 to Freeman Street, 0.75 mile. The line from Kent Avenue to Broadway
was built in 1854 and 1855, and the line from City Hall to Greenwood, 3.44 miles, was built in 1854. In 1855 were
also built : from Greenwood to City Line, 1.17 miles, and from. Hamilton Ferry to Court Street, 0.93 mile. In
1856 only 0.56 mile was opened— from City Line to Yellow Hook Lane. Various extensions between 1870 and
1875 brought the total mileage at the end of that year up to 44 miles. On October 31, 1891, by consolidating with
the Bushwick, the Brooklyn Crosstown, the Calvary Cemetery, Greenpoint and Brooklyn, the New Williamsburgh
.and Flatbush, the Greenpoint and Lorimer Street, and the Grand Street and Newton RR. Cos.. the mileage
increased to 83.75 miles. (For history of these companies see MANUAL, for 1890.) Of this company's lines, 6
miles, from 39th Street Ferry to Gravesend Bay, are operated by the single trolley system of electricity, but in
January, 1892, the consent of the State and city authorities was obtained f or a change to electricity on all the
lines operated by this company. Equipment : Horses, 5,508 ; dummies, 29. Cars (open, 714 : box, 815 ; motor.
20), 1,549. Operations for year ending June 30, 1891 : Gross earnings. $3,524,257.51. Operating expenses and
taxes, $2,933,845.93. Net earnings, $590,411.58. Add other receipts, $42,198.97 ; interest, $553.70— total income,
$633,164.25. Payments : Interest on bonds, $109,950 ; dividends (8 per cent.). $480,000 ; miscellaneous, $32,712.72
—total, $622,662.72. Balance, surplus, $10,501.53.

Statement of mileage, operations, capital account, etc., for six years, ending September 30, 1889, and two
years ending June 30, 1891 :

1884

1885

1886

1887

1888

1889

1890

1891

Miles RR Owned.

44.00
44.00
88.00
44.00
3,045
776
45,000,000

2,215,718
1,847,341

39.00
48.00
87.00
39.00
3,117
783
47,000,000
$
2,272,985
1,768,586

39.17
49.33
88.50
39.17
• 3,176
835
47,400,000
$
2,295,492
1,919,794

39.17

50.43
89.60
39.17
3,246
851
50,700,000
$
2,431,849
1,881,189

39.17
50.43
89.60
39.17
3,662
1,043
50,550,000
$
2,444,877
1,984.789

39.17
50.43
89.60
68.80
4,793
1,304
56,300,000
$
2,726,460
2,141,770

40.45
52.80
93.25
78.35
5,360
1.509
66,500,000

3,217,224
2,505,536

83.75
92.25
176.00
83.75
5,508
1,549
73,700,000

3,524,258
2,774,306

Sidings, etc

Total Track Owned.

Total RR. Operated
Equipment Horses .

Cars

Passengers Carried

Gross Earnings
Operating Expenses

Net Earnings

386,377
54,614

504,399
11,580

375,698
13,032

550,660
9,593

460,087
3,757

584,690
33,436

711,688
14,347

749,952
42,753

Other Receipts

Available Revenue
Payments— Interest
Dividends
Taxes

422,991
58,020
280,000

515,978
63,943
280,000

88,702

388,730
66,114
220,000
96,213

560,253
83,690
160,000
87,304

463,844
41,590
256,000
101,406

618,126
68,003
256,000
98,087
64,051

726,035
104,630
368,000
137,571
79,238

792,705
109.950
480,000
159,540
32,713

Miscellaneous .

Total Payments

338,020
84,971
2,000,000

432,645
83,333
2,000,000
800,000
499,400
17,868
510,872

382,327
6,403
2,000,000
800,000
824,400
21,113
514,030

330,994
229,259
3,200,000
800,000

"10,666
486,397

398,996
64,848
3,200,000
800,000
550,000
18,118
562,450

486,141
131,985
3,200,000
800,000
2,090,000
12.000
659,890

689,439
36,596
6,000,000
800.000
200,000
2,063
569,686

782,203

10,502
6,000,000
2,289,000

[-1.039,162
563,795

Balance, Surplus

Capital Stock

Funded Debt

800,000
500,000

Bills Payable and Loans . . .
Current Accounts

Profit and Loss

364,277

Total Liabilities
Cost of Road and Equip't. .
Investments

3.664,277

2,448,237
1 109 929

3,828,140
3,722,415

4,159.543

4,032,078

4,496,396
4,231,019

5,130,568
4,3-23,307
693,451
102,925
10,885

6,761,890
4,411,511
2,115,735
212,763
21,881

7,571,749
4,861 ,247
2,521,665
180,849
7,987

9,891,957
9,514,616

Cash and Cash Assets
Current Accounts. .

106,111

105,725

36,586
90,879

255,377
10,000

377,341

Total Assets .

3,664,277

3,828,140

4,159,543

4,496,396

5,130,568

6,761,890

•» 7,571 ,749

9,891,957

Financial Statement, June 30, 1891 : Capital stock (par, $10), $6,000,000 ; funded debt (1st mortgage 5 per
cent, bonds, due January 1, 1902), $2,289,000; unfunded and current debt, $1.039,162.50; profit and loss, $563,-
794.67— total, $9,891,957.17. Contra: Cost of road and equipment, $9.514,61«.20 ; other assets, $377,340.97— total,
$9,891,957.17. Annual meeting, second Monday in January. Books close 30 days previous to annual nwtin<r

XXXI

and 1." days before dividend payments. Interest payable at the Long Island Bank and the First National Bank,
Brooklyn, N. Y.. and at the Park Bank, New York City. Dividends payable on the first day of January. April,
July, and October, at the Long Island Bank, Brooklyn, N. Y. Registrar of stock, the Brooklyn Trust Co.,
Brooklyn. N. Y. On July 1, 1891, this company made an issue of $3,000,000 5 per cent, bonds, payable in 50 years,
or at company's option in 25 years, to retire old bonds, and for improvements. All but $925,000 of the old bonds
have been called.

7Hr'nl> i«la : Statement showing the amount and rates of all dividends paid by this company since its organ-
ization to July 1, 18'.U :

PERIOD.

l|
11

Amount of
Stock on
which Paid.

Amount
of
Dividends.

PERIOD.

%

&

Amount of
Stock on
which Paid.

Amount
of
Dividends.

18")5 to 1857

p.ftc.

As snbscr'd.

184,830 20

1873 (Julv) to Feb., 1875

Pi4'

2,000.000

s

490,000 00

1858 to 1863

8

1,000,000

400,000 00

18T5( April) to Jan., 1876

14

2,000,000

240,000 00

1863

9

1,000,000

90,000 00

1876 to 1884 . .

14

2,000,000

2,380,000 00

1864

Si-

1,000,000

85,000 00

1884 to Feb. 1886

14

2,000,000

490,000 00

1865 May (1 Quarter) . . .
1865 (3 Quart's and 18%
1866 (Nov.'* to April, 18?2

lii
12

11

1,000,000
1,000,000
1,500;<X)0

25,000 00
150,000 00
1,035,000 00

1886 (Feb.) to Aug., 1887
1887 (Aug.) to Jan. ,1890
1890 (Jan.) to July, 1891

8
8
8

2,000,000
3,200,000
6,000,000

480,000 00
640,000 00
720,000 00

ia

Total

"i 679 109 90

Directors (elected January 11, 1892) : Daniel F. Lewis. Crowell Hadden. George W. Bergen. Edwin Packard,
Frank Lyman, Edward D. White, E. W. Bliss, H. M. Thompson, David G. Leggett, Seth L. Keeney. Felix Camp-
bell, Henry D. Polhemus, Brooklyn, N. Y . ; John C. Barren, New York, N~. Y.

Officers: Daniel F. Lewis, President; E. D. White, Vice-President; H. M. Thompson, Secretary and
Treasurer; 3. C. Cameron, General Superintendent, Brooklyn, N. Y. GENERAL AND TRANSFER OFFICE, 10 Fulton
Street, Brooklyn, N. Y.

American Bar]k Note ComPany'

78 TO 86 TRINITY PLACE, NEW YORK.

BUSINESS FOUNDED, 1795.— INCORPORATED UNDER LAWS OF STATE OF NEW YORK, 1858.— REORGANIZED, 1879,

ENGRAVERS £ PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange, Letter Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IN THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES.

WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING.

Special papers manufactured exclusively for use

of the Company.

SAFETY COLORS. - - SAFETY PAPERS.

WORK EXECUTED IN FIRE-PROOF BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,

AND

ILLUMINATED SHOW CARDS

OF THE MOST APPROVED STYLES.
NUMBERED, LOCAL AND COUPON TICKETS, of any Size, Pattern, Style, or Device with Steel Plate Tints.

LITHOGRAPHIC AND TYFK PRINTING.

SHOW CARDS, LABELS, CALENDARS.

Blank Books of Every Description.

TRUSTEES :

JAMES MACDONOUGH, PRESIDENT.
AUG. D. SHEPARD,— VICE-PRESIDENTS— TOURO ROBERTSON.

THEO. H. FREELAND, SECRETARY & TREASURER.
JNO. E. CURRIER, ASST. SECRETARY. J. K. MYERS, ASST. TREASURER.

P. C. LOUNSBURY, JOS. S. STOUT, J. B. FORD,

T. H. PORTER, W. J. ARKELL, E. C. CONVERSE, ELLIOTT F. SHEPARD.

MAINE, NEW HAMP!

•AND VERMONT.

> vrt-®*^* \
&&\£? r* ^

TH B

NEW YORK

STOCK EXCHANGE

ACCEPTS WORK

OF THE

INTERNATIONAL

BANK-NOTE CO

18 BROADWAY

NEW YORK CITY
U. S. A.

POOR'S

MANUAL OF RAILROADS

ABBOTSFORD AND NORTHEASTERN RAILROAD COMPANY.

Projected Line of Road.— Abbotsford. Wis., to Wau<au and Merrill, Wis. .70.00 miles.

Completed : Abbotsford, Wis., to Athens, Wis 15.16 miles.

Gauge, 4 ft, 8i in. Rail, (iron), 56 Ibs.

History. — Chartered April 12, 1889, and road opened same year.

Rolling- Stock. — Locomotive engine, 1. Cars — combination, 1 ; freight, 4 — total, 5.

Operations for year ending June 30, 1891. — Train mileage and traffic statistics not
reported. Gross earnings, $16,624.31 ; operating expenses, $8,068.55 ; net earnings,. $8,555. -
76. Paid interest, $6,720. Surplus, $1,835.76; surplus forward, §2,064.04— total, $3,899.80.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $120,000 ; funded debt,
1st mortgage 6 per cent. 30-year bonds, due October 1, 1919, interest payable April and Oc-
tober, $112,000; profit and loss, $3,899.80— total, $235.899.80. Contra: Cost of road and
equipment, $232.000 ; current accounts, $3,899.80. Interest payable at the company's office,
Milwaukee, Wis. Trustee of bonds, D. S. Wegg.

Directors (elected May 28, 1891).— A. A. Krause, A. M. Joys, Max C. Krause, Jos. E.
Ho>t, L. W. Halsey, Milwaukee, Wis.

A. A. KEAUSE, President Milwaukee, Wis.

A. M. Joys, Vice-P resident Milwaukee, Wis.

Secretary— Max C. Krause Milwiiukee, Wis. \ TrM$urf.r—3. E. Host Milwaukee. Wis.

PRINCIPAL OFFICE A^D ADDRESS Milwaukee. Wis. * i

C t J7

ADDISON AND PENNSYLVANIA RAILWAY COMPANY.

Main Line of Road. — Addison, N. Y., to Qaines, Pa 41 miles.

Leased : New York and North Penn. RR. : Gaines, Pa., to Galeton, Pa 5 miles.

Total length of lines operated, June 30, 1891 46 miles.

Sidings, etc., 3.01 miles. Gauge, 3 ft. Rail (iron, 17.01 ; steel, 27 miles), 40 to 60 Ibs.

History.— Successor to Addison and Northern Penn. Ry. Co. (See MANUAL for 1888, p. 88.)

Rolling Stock, June 30, 1891. — Locomotive engines, 6. Cars — passenger, 4 ; baggage,
mail, and express, 3 ; freight (box, 15 ; platform, 38 ; caboose, 2), 55 — total car?, 62.

Operations for year ending June 30, 1891. — Train mileage — passenger, 52,879 ; freight,
79,815 ; other, 2,000— total, 134,694 miles. Passengers carried, 55,060 ; carried one mile,
858,886 ; average mile rate, 2.35 cents. Tons freight moved, 80,690 ; moved one mile, 2,447,-
327 ; average ton-mile rate, 2.68 cents.
1

POOR'S MANUAL OF RAILROADS.

Earnings.— Passenger $20,223 05

Freight 65,287 01

Mail and Express 3,931 75

Miscellaneous 2,68010

Total ($2,002.65 per mile) $92,121 91

Expenses. — Transportation $26,059 27

Motive Power and Cars 5,490 31

Maintenance Way and Buildings. 37,148 50
General 0,341 61

Total ($1,631.29 per mile) $75,039 69

Net earnings, $17,082.22. Add interest and dividends, $2,400 ; other receipts, $10,353.41
—total, $29,835.63. Payments': Interest on bonds, $16,297.07 ; on debt, $19,850.04; taxes,
$1,200.63— total, $37,347.74. Deficit, $7,512.11. Deficit forward, $31,524.05— total, $39,036.16.
General Balance Sheet, June 30, 1891.

Cost of Road, Equipment, Buildings, etc.. $1,331, 051 74

Bills Receivable 1,315 92

Cash on Hand ' 6,353 95

Profit and Loss 39,036 16

Total Assets $1,377,757

Capital Stock (par, $100) $590.500 00

Funded Debt Outstanding 487,939 37

Bills Payable 258,689 55

Current Accounts 40,628 85

Total Liabilities $1,377,757 77

Funded debt consisted June 30, 1891, of $397,000 ($600,000 authorized) 1st mortgage 5
per cent. 30-year bonds, dated August 1, 1887, interest payable February and August, and
$90,939.37 ($100,000 authorized) income 6 per cent. 30-year bonds, dated August 1, 1887.

Annual meeting, 2d Tuesday in January, in New York City. Books close 30 days before
annual meeting ; for dividends, 30 days previous to payment.

NEW YORK AND NORTH PENNSYLVANIA BR.-Gaines, Pa., to Galeton, Pa., 5 mik>s.
Sidings, etc., 0.5 mile. Gauge, 3 ft. Rail (steel, 1.5 miles), 40 and 60 Ibs. Chartered Aug. 1, 1883 ; road opened
Dec. 1, 1883. Income Account for year ending June 30, 1891. — Gross income, $10,516.93. Expenses and taxes, $7,-
947.74. Net income, $2,569.19. Paid interest on bonds, $3,000. Balance, deficit, $430.81. Financial Statement,
June 30, 1891.— Capital stock, $50,000 ; funded debt, 1st mortgage 6 per cent, bonds, interest Feb. and Aug., $50,-
000 ; unfunded debt, $45.06— total, $100,045.06. Contra : Cost of road, $100,000 ; profit and loss, $45.06— total,
$100,045.06. Interest payable at 4 Wall Street, New York City. C. L. PATTISON, President, Elkland, Pa. ; J. E.
Jones, Secretary ; F. R. Winne, Treasurer, 49 Broadway, New York, N. Y. GENERAL OFFICE, Addison, N. Y.

Board of Directors, Addison and Pennsylvania Railway Company.

Thomas C. Platt. . .New York, N. Y.
George R. Sheldon. "
R. W. Clinton. Newark Valley, N. Y.
Wm. Brookfield. . . .New York, N. Y.

Tlieo. Wood New York, N. Y.

Frank H. Platt....

W. S. Gurnee " " ,

James E. Jones ... " "

Charles L. Pattison Elkland, Pa.

E. G. Davidge Westfield, Pa.

Frank M. Baker Owego, N. Y.

THOMAS C. PLATT, President 49 Broadway, New York.

William Brookfield, Vice- President 83 Fulton Street, New York.

Treas. and Aud.—F. R. Winne New York, N. Y. | Secretary— James E. Jones New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Addison, N. Y.

Transfer Office 49 Broadway, New York, N. Y.

ADDYSTON AND OHIO RIVER RAILROAD COMPANY.

Main Line of Road.— Addyston, O., to Ohio River, C., C., C. & St. L. and O.

& M. RRs 7.05 miles.

Gauges, 2 ft. 10£ in., 4 ft,, and 4 ft. 8| in. Rail (steel), 40 to 56 Ibs.

History. — Chartered February 12, 1889, and road opened in September, 1889.

Rolling Stock, June 30, 1891.— Locomotive engines, 7. Cars— coal, 67 ; other, 37.

Operations for year ending June 30, 1891. — Freight trains run, 40,307 miles. Tons
freight moved one mile, 40,307. Earnings from freight, $22,362.76. Operating expenses-
transportation, $11,203,10 ; equipment, $5,850.85 ; way and buildings, $3,973.04 — total,
$21,026.99. Net earnings, $1,335.77.

Financial Statement.— Capital stock, $50,000 : current accounts, $23,862.43 ; profit and
loss, $1,335.77— total, $75,198.20. Contra : Cost of road, $43,725.76 ; rolling stock, $31,-
472.44— total, $75,198.20.

Annual meeting, February 26, at Cincinnati ; transfer books close 10 days previously.

Directors (elected February 26, 1891).— Matthew Addy, Larz Anderson, W. P. Anderson,
B. F. Haughton, B. S. Cunningham, Cincinnati, 0.

MATTHEW ADDY, President Cincinnati, 0.

B. F. Haughton, Vice-P resident Cincinnati, O.

Secretary and Treas.— B. S. Cunningham, Cincinnati, O. | General Manager— W. L. Davis Cincinnati, 0.

PRINCIPAL OFFICE AND ADDRESS Cincinnati, O.

POOR'S MANUAL OF RAILROADS.

ALABAMA AND VICKSBURG RAILWAY COMPANY.

Line of Uoad.— Vicksburgh, Miss., to Meridian, Miss 139.88

/{ranch : Vicksburg to Lower Vicksburg 3.51 — 143.39 miles.

Sidings, 21.32 miles. Gauge, 4 ft. 8$ in. Rail (iron, 42,89 ; steel, 100.5 miles), 59 to 60 Ibs.

History. — Vicksburg and Meridian RR. sold under foreclosure February 4, 1889, and
existing company organized by purchasers March 18, 1889.

Rolling Stock, June 30, 1891. — Locomotive engines, 18. Cars — passenger, 8 ; baggage
and mail, 5 ; freight (box, 337; platform, 108 ; coal, 27; caboose, 7 ; stock, 1), 480 ; other
cars, 9 — total cars, 502.

Operations for year ending June 30, 1891. — See tabulated statement below.
Earnings.— Passenger §212,080 09 Expenses.— Transportation $157,974 33

Freight 390,317 51

Mail 16,126 54

Express 14,700 39

Miscellaneous 15,176 13

Motive Power 103,15041

Maintenance of Cars 41 .262 *C

Maintenance Way and Buildings 135,621 85

General and Taxes 60,486 52

Total ($4,534.27 per mile) 8648,400 66 Total ($3,485.99 per mile) $498,495 98

Net earnings (23.12 per cent.), $149,904.68. Payments : Interest on bonds, $116,535 ;

! other interest, $680.45 ; dividend No. 1, 3 per cent., paid November 1, 1890, $21,000— total,

i $138,215.45. Balance, surplus, $11,689.23. Surplus forward, $47.919.93— total, $59,609.16.

Statement of operations and income account for three years (1886-1888) ending March 31,

and three years (1889-1891) ending June 30 :

1886

1887

1888

1889

1890

1891

Miles of Railroad

143.33
159.04
66.07
14
11
4
353
127.876
183.364
450,642
109.403
5,164,688
130,787
12,367,722

164,818
307.609
30,877

143.39
159.93
70.06
18
14

376
145,407
225,030
557.725
117,201
5,436,767
173,689
18,373,991
$
155,903
345,269
30,600

143.39
160.15

75.28
18
14

m

371
150,725
157,098
459,623
132,577
5,892.633
176,320
17,967,868

163,072
351,736
32,952

143.39
162.54
78.33
18
14

352

111,490
135,628"
396,092
135,476
6.182,770
199.080
19,629,419

164,741
348,959
38,138

143.39
164.19
89.94
16
8
6
385
143,397
200,221
504.006
174.649
8,166,985
299,298
28,392,604

1)8,790
426,144
41,728

143.39
164.71
100.50
18
8
5
489
213,464
164,889
519,159
212,296
8,143,933
235,816
22,714,763

212,080
390,318
46,003

Miles of Track

Miles of Steel Rail.

| Locomotive Engines
Passenger Cars

Baggage, etc., Cars

Freight and Other Cars

Passenger Train Miles ....

Freight^Train Miles

Total Engine Miles

Passengers Carried

Passenger Mileage. ...

Freight (tons) Moved

Freight (ton) Miles ...

Passenger Earnings

Freight Earnings

Other Earnings.

Total Earnings

503,304
443,240

531,772 547,760
502,6481 441,547

551,838
393,182

676,662
497,947

648,401
498,496

Operatin^ Expenses

i Net Earnings ....

60,064
129,977

29,124
139,316

106,213
167,711

158.656
147,506

178.715
115,347

149,905
117,215
(3) 21,000

! Interest

1 1 Dividends

{ ' Other Payments

.4,417
- 74.330
3,595.03
3,166.00
429.03
959.96
88.06p.c.
3.19 c.
2.43 c.

4,298
- 114,490
3,718.69
3,515.02
203.67
1,004.30
94. 52 p. c.
2.87 c,

Lite.

4,632
- 66,131
3,830.49
3.087.74
742.75
1,205.20
80.61 p.c.
2.77c.
1.89c.

10,156
+ 994
3,859.01
2,749.53
1.109.48
1.102.53
71 .95 p.c.
2.66c.
1.72C.

i Balance ( + or — )

+ 63,368
4,731.90
3,482.15
1,249.75
806.62
73. 58 p.c.
2.56c.
1.44c.

+ 11,689
4,534.27
3,485.99
1,048.28
819.69
76. 88 p.c.
2.60c.
1.66 c. .

Gross Earnings per Mile.

j Gross Expenses per Mile

1 Net Earnings per Mile . . .

1 i Total Payments per Mile
i Expenses to Earnings
• i Aver. Rate per Pass, per Mile
J«j Aver. Rate per Ton per Mile

The company pa

Get

• i Cost of Road and Equipment
j Stock of Material, etc., on Hand
Sundry Debtors

id its second
leral Balai

$3,008,!!
28,?
11 4

dividend, 3

we Sheet, *
>87 10 Comi
103 63 Fund
85 69 Inter
!71 99 Bills
>53 13 Cum
110 20 Defei
71 43 Repl
98 30 Proc(
•00 95 Net I

per cent., in November, 1891.

Tune 30, 1891.
non Stock ...

$700,000 '00
2,168,217 72
35,471 92
22,35000
90,997%
15,898 30
34,154 15
6,383 21
59,609 16

ed Debt Out
est Due and
Payable for
;nt Accounts
Ted Land Sa
icement of I
;eds of Land
Revenue Acc<

otal Liabilit

standing

Accrued. . . .
Rolling Stocl

c

' i Station Agents and Conductors

19,$

Remittances in Transit

12<

i Cash in Hand and in Bank

19,(

les

Other Railroads

2,£

tolling Stock
Sales .

Fund

1 Bills Receivable— Land Sales.

15,£

I'l Rolling Stock Suspense

19,(

)unt

Total Assets...

...$3,132.982 42 1

S3. 132,982 42

4 POORS MANUAL OF RAILROADS.

Funded debt consisted, June 30, 1891, of —
V. & M, Istmtge. 6 p, c. 40-year $1,000 bds., due Ap. 1, 1921, int. Ap. and Oct. -[ Stores?1 '°°1 '4?? ?> ! $1.001,117 72

Consol 1st mortgage 5 per cent, gold bonds, April 1, 1889-1921, interest April and October. . ." ii;r,,800 00-

2d mortgage 5 per cent, bond;?, dated April 1, 1839-1921, interest April and October 700,000 00

The authorized issue of consolidated mortgage bonds is $1,800,000, of which $1,000,000
are reserved to retire the 1st mortgage, bonds of 1881, and $333,200 are in treasury, leaving
$466,800 outstanding as above. The 3d mortgage bonds are income for five years, and are a
first lien on the company's lands. Receipts from land sales are applicable to payment of
interest on 2d mortgage bonds, but when interest is paid from earnings they go to a sinking
fund for retirement of the bonds. Interest on all three issues is payable at the office of the
Central Trust Co., New York, trustee.

Land Department. — Under Act of Congress of August 11, 1856, the Vicksburg and
Meridian Railroad Company received a land grant estimated at 404,800 acres. In the reor-
ganization, the Alabama and Vicksburg Railway Company acquired at the public sale, Febru-
ary 4, 1889, 131,189.19 acies. There were sold between that date and the close of the last
fiscal year, 10,320 acres, including 80 acres discovered to have been sold prior to June, 1885,
leaving 120,869.19 unsold July 1, 1891. To this has been added 1,480 acres purchased at tax
sales, obtained by cancelled sales, etc., and 40 acres purchased at tax sales, still in suspense,
making the total 122,389.19 acres, in addition to which the company has acquired the *' sur-
face rights " to 880 acres. The company also reserved the minerals on 3,120 acres of the
10,240 acres sold as above stated, thus giving it the minerals and mining privileges on 4,000
acres. Receipts from land sales during the period from February 4, 1889, to June 30, 1891 .
Fee simple, 7,120 acres (cash, $8,500; notes, $8,460), $16,960 ; surface, 3,120 acres (cash,
$4,390 ; note.-*, $4,730), $9.120— total, 10,240 acres (cash, $12,890 ; notes, $13,190), $26,080,
an average of $2.55 per acre. Cash receipts of Land Department, February 4, 1889, to June
30, 1891 : Cash paid on account sales, $12,865 ; note collections, $6,560.58 ; interest collec-
tions, $2,079.59— total, $21,505.17. Payments: Taxes, $4,967.67; commissions, $2,494.50;
salaries, e.tc., $7,759.79— total, $15,221.96. Balance, excess of receipts, $6,283.21.

Directors.(elected November 2, 1891).— G. T. Bonner, New York, N. Y. ; Charles Schiff,
John F. Win-slow, C. C. Harvey, Cincinnati, O. ; W. L. Nugent, Jackson, Miss.

CHARLES SCHIFF, President Cincinnati, O.

C. C. Harvey, Vice- President Cincinnati, O.

Secretary and Treasurer— II. H. Tatem. .Cincinnati, O. | Comptroller— Chas. H. Davis Cincinnati, O.

PRINCIPAL OFFICES Vicksburg, Miss., and Cincinnati, 0.

Transfer Office. . Central Trust Co., New York, N. Y.

ALABAMA GREAT SOUTHERN RAILROAD COMPANY.

Line of Road.— Wauhatchie, Tenn., to Meridian, Miss 290.21 miles.

Sidings, 74.32 miles. Gauge, 4 ft. 8£ in. Rail — main track, steel, 60 Ibs. ; sidings, steel and
iron, 56 and 60 Ibs.

The company uses the tracks of the N. C. & St. L. RR. from Wauhatchie to Chattanooga,
5.30 miles, making the total line operated 295.51 miles.

History.— Organized November 30, 1877, to take over the property of the Alabama and
Chattanooga RR. Co., sold under foreclosure January 22, 1877.

Rolling Stock, June 30, 1891.— Locomotive engines, 61. Cars— passenger, 18 ; baggage
and mail, 14; freight (box, 336 ; platform, 299 ; stock, 20; coal, 1,502 ; dump, 271 ; fruit,
687 ; caboose, 36), 3,151 ; miscellaneous cars, 31 — total cars, 3,214.

Operations for year ending June 30, 1891.— See tabulated statement below.

Earnings.— Passenger $517,088 25

Freight 1,307,090 12

Mail 47,820 21

Express 41,580 12

Miscellaneous 29,410 33

Total ($6,586.40 per mile) $1,942,989 03

Expenses.— Transportation $417,824 90

Motive Power 341,447 07

Maintenance of Cars 153,978 87

Maintenance Way 279,880 41

General and Taxes 169,106 16

Total ($4,617.75 per mile) $1,362,237 41

POOR'S MANUAL — ALABAMA GREAT SOUTHERN RR. CO.

earnings (29.89 per cent.), $580,751.62. Add receipts from dividend on C.. N. O. &
T. P. stock, $40,000— total, $620.751.<J2. Payments: Interest oil 1st mortgage bonds, M'.M.-
000; ou general mortgage bonds, $81. 74". 12; on debentures, $39,074.40; general interest,
s: income tax and exchange, $7,921.17— total, $234.332.57. Balance, $386,419.05;
,:ance from last year, $12,119.35— total, $398,538.40, equal to £82,003 15s. 9d. Appro-
priation of balance : Expenses of English Co., £4,375 2s. Id.; dividends on preference shares,
£40.222 17*.: interest on funded arrears of dividends, £2,396 12*.; redemption of funded
r,988 1:3* :-W. ; dividend on ordinary shares, £22,902 15*.— total, $77,856 Qs. 4d.
Balance, surplus, £4,147 15s. 5<Z.

Statement showing operations, earnings, expenses, etc., for five years (1884-88) ending
December 31, arid three years ending June 30, 1891 :

1884

1885

1886

1887

1888

1889

1890

1891

Miles Operated

295 295 295 295 295
443.787 426,132, 439.W4 49S.426 540.40?
567.503 517.671! 637.058 675,010; 733,664
220,670 199.210 2iU.519 424.303 356.351
11.415.999 15.545.715 11.251.31S 17.324.213 16.453.775
627,947 556.038: 722.408 913.430 1.097.509
62,485,842 65.287,595 ; 79,629,159 90,653.689 105*21.511
88 8 8
1.165.103 1,076.188 1.215.195 1.575.993 1.596.852
1.021.437 948,048 938.397 1,101,632 1,189,637

295 295
523,721 586.681 656.318
813,791 865,275
336.563 425.5-7 407,989
17.264.3s) 53.405.161 21,535,462
1.56-.U51 1.404.859 1.385.257
123-074,111 137,415-080 14,. 538 409

s $

1,688,577 1.957,365 1,942.989
1,303,115 1.32S.377 1.362,257

rer Train:*

Freight Train<

rried

Freight Moved (tonsi
Freight Miles

<3ro?s Earning
Expenses and Taxes

Net Earnings

143,666: 128,140

276?793j 474,361

407,215

385,462 628,988
30,000 40,000

580,752

40,000

Dividends Received

Available Revenue
Mort. and Other Inter

t '

148,666- 128.140
105:574' 102.229
19,194: 56,988

'TiMM**->MR7

3.950! 3?648
'487 434
87.67p.c.!88.09p.c.
2.55 c. ! 1.92 c.
l.S8c. 1.01 c.
$ 9
7,830,000 7,830,000
2,987,650! 3,349,050

276.798
126,034
54.417
91,854
+ 4,493
4.119
938
77.22 p. c.
2.55 c.
1.01 c.

7,830,000
3,380,350

474.361
144.825
60,400
271.139
-2.003
5.342
1,608
69. 90 p. c.
2.68 c.
1.07 c.

7.830.000
3,3K>.350

407,215
183.891
24,605

'-"142.392
5.413
1.308
74. 50 p. c.
2.50 c.
0.92 c.

7.830.000
3,380.350

415.462
196,612
40,930
197,598
+ 6.788
5.72399
1,30665
77.17 p. c.
2.40 c.
0.89 c.
$
7,830,000
3,380,350

668,988
848,756
123.856
291.045
•f 5.331
6.635 14
2.132 17
67. 87 p. c.
2.33 c.
0.90 c.

7,830,000
3.380,350

620,752
238.059
68,009
306,790
+ 7,904
6.58640
1. 968 65
70. 11 p. c.
2.40 c.
0.85 c.

7,830.000
3,380,350

Miscellaneous

Dividends
Balance ( + or — )

<Jross Earning 5 per Mile . . .
Net Earnings per Mile
Expenses and Earnings
Av. Rate per Pass, per Mile.
Av. Kate per Ton per Mile .

Ordinary Stock . .

Preference Stock

Total Stock
Funded Debt
Equipment Trust Notes. . . .
Sundry Accounts, etc
Renewal Account

10.817,650
1,750,000

466,286

11.179.050
1.750,000
314.645
698,787

11,210,350
1,750.000
199.237
838,416

56,734
972,000
130,717

11,210,350
1,750,000
449,496
310.707
55,601
972,000
335,870

11.210.350
3,761.360
288,110

291,436
35.139
972,000
150,801

11.210.3.50 11.210,35(3
3.761 .360! 4.004.360
239.502! 168.550
627,6801 510:636
398 19,292

11.210.350
4.247.360
120.412
617.565
49,841

•English Company

Profit and Loss

1.216,182
54,873

941.576
23.183

190,237 631,216

311.464

Total Liabilities . . .

14.304.991
11,663,596

108,481

1.287,996
293.862

14,907,241
12.264,573
941.576
113;il7
1.026.509
220.064
158 590

14,647.4.54
12,611,167
972,000
8M,489
37.437
609.873
861
76.627
76,000

15.084,024
13.225,602
975.000
93.189
79,988
604.151

16.713.196 16.029.527
14,003,816 14.205.449
"C 1,000,000
160.3^7 122.549
58,168, 427,979
1,433.326 237.865
05.649
73,092 i 36
10,000 ! 10.000

16.544.4H4
14.4t>4.451
1,000.000

319.S99
564.336
14,081
92,917

16.562.992

14.83^.380
1.000.000
116:872
309,276
187.493

Cost of Road, etc
Other Investments

Materials and Supplies
Other Assets
Accounts and Balances. . .
Bills Receivable. .

Cash

74.555
151,645

68.812
114;000

79,094
30,000

110,971

Suspense Account
Total Assets

14,304,991 1 14,907,241

14,647,454

15,084,024

16,713,196

16,029,527

16,544.404

16,562,992

General Balance Sheet, June 30, 1891.

»t of Property. ......... $14,767,290 04

Gadsden and Attalia Branch.
Investment C., N. O. & T. P. Ry. Co. Slock

•OBdon Office

Stock of Material, etc.. on Hand

Sundry Debtors

Station Aeents and Conductors

Other Railroads

Ca-h on Hand and in Transit

Interest on Car Trust Notes

Arrears of Dividend Suspense

Total Assets $16,562,991 91

n,089 59
1.000.000 00
55,519 50

116,871 69
23.349 89
47.348 56
61,276 01

110,970 85
10.622 70

Ordinary Shares §7,830,000 00

Preference Shares $4.000.000 00

: .issued 619.650 00— 3.380.350 00

Firet Mortgage Bonds 1.75C.OOO 00

Debentures 670,00000

General Mortgage Bonds 5.637 600 00

Less in Trust. "$2,352.240 00

Less in Treas. 1 ,458,000 00— 3,810,240 QQ— 1,827,360 00

f 15,457. 710~00

Bond Interest Accrued §74.736 90

Sundry Credit Accounts ." . . 244,174 36

Replacement of Rolling Stock Fund 49.R41 12

Car Trust Notes ~ 126.412 20

Certificates for Funded Arrears of Dividend 298.653 08

Net Revenue Account 311,464 25

Total Liabilities $16,562.991 91

O POOR S MANUAL — ALABAMA GREAT SOUTHERN RR. CO.

Preference capital stock is entitled to preferential dividends of 6 per cent., cumulative
for 6 years ; authorized amount, $4,000,000. Funded debt consists of $1,750,000 first mort-
gage 6 per cent. 30-year gold bonds, due January 1, 1908, interest payable in New York
January and July ; debentures, issued to English Company, $670,000 ; and £1,160,000 general
mortgage bond — issued, £326,000 ; deposited in trust to secure and provide for the first
mortgage bonds and debentures, £484,000 ; unissued, £350,000.

The general mortgage bonds issued in April, 1888, are £100 each, coupon, interest 5 per
cent., payable in London June and December, principal due December 1, 1927 ; the company,
however, having the option of redemption on June 1, 1898. at 110 per cent.

In 1888 power was obtained to offer holders the option of funding their arrears of divi-
dend. These funded certificates bear 4 per cent, interest, and are to be redeemed by the
appropriation of equal annual sums (out of the surplus net earnings remaining after payment
of the dividend on the preference shares and the interest on the certificates) sufficient to
discharge the whole amount of the certificates within a period of ten years from January 1,
1888. The certificates are registered in holders' names, and are transferable by deed in any
amount. Of the amount so funded 10 per cent, has been redeemed out of the net revenue of
the past year, and 25 per cent, previously.

Annual meeting, first Wednesday in October, at Birmingham, Ala.; transfer books close
twenty days previously. Principal and interest of first mortgage bonds, payable in gold in
New York. Trustee of 1st mortgage bonds, Farmers' Loan and Trust Co., New York, N. Y.
Stock and bonds listed at London, England, and also quoted at Glasgow, Scotland.

Directors (elected December 15, 1891). — Samuel Thomas, John H. Inman, Charles M.
McGhee, John G. Moore, John A' Rutherford, New York, N. Y.; Calvin S. Brice, Lima, O. ;
S. M. Felton, C. C. Harvey, Cincinnati, 0.; T. G. Bush, Anniston, Ala.; T. T. Hillman/
Birmingham, Ala.; Francis Pavy, London, Eng.

S. M. FELTON, President Cincinnati, O.

Henry Fink, Vice-President New York, N. Y.

C. C. Harvey, Vice-President Cincinnati, O.

Secretary— L. M. Schvvan New York, N. Y. | Treasurer— H.. H. Tatem Cincinnati, O.

PRINCIPAL OFFICE AND ADDRESS Birmingham, Ala.

New York Office 80 Broadway.

Cincinnati Office St. Paul Building.

Alabama Great Southern Railway Company. — Limited.

This is an English corporation registered in London September 20. 1877, to acquire and
operate the Alabama Great Southern RR. ; the Alabama Great Southern RR. Co. (an Ameri-
can organization) representing their interest in America, in order to comply with the local
State law. The East Tennessee, Virginia and Georgia Ry. Co. and the Richmond and Dan-
ville RR. Co.. purchased a controlling interest in this company April 30, 1890.

General Balance Sheet (A. G. S. Ry. Co.], June 30, 1891.

Stock American Co. Owned : £ s. d.

Ordinary £1,56(5,000

Preference 676,070—2,242,070 0 0

Stock C., N. O. & T. P. Ry. Co 200,000 0 0

Debentures (Am. Co.) held by this Co. 137,015 0 0

First Mortgage Bonds of American Co. 20515 3

Office Furniture and Fittings 290 0 0

Cash on Hand and in Bank 9,234 4 3

Revenue Account (Amer. Corporation). 58,11019 4

Total Assets £2,646,925 18 10

Nominal Capital (£10 per share) :

Ordinary £1,566,000

Preference. . . . 800,000— £2,366,000
LessPret. Sh.

Unissued 123,930—2,242,070

Debenture Bonds 134,000

Accrued Interest to Date 3,015— 137,015 0

Sundry Creditors 1,206 4

Coupons and Dividends Unpaid 1,508 10

American Co. General Account 9,726 0

American Co. Joint Account.. 200,000 0

Revenue Account. .. 55,400 4

f. d.

0 0

Total Liabilities.

£2,646,925 18 10

POOR'S MANUAL OF RAILROADS. 7

The debentures are for £100 each, issued in August, 1886, due August 15, 1906 ; interest
6 per cent, gold, payable in London, February 15 and August 15. They are exchangeable for
nortgage bonds issued after them.

Revenue Account (English Company) for year ending June 30, 1891.— Received from
American corporation for expenses, £2,710 15s. Id. ; for interest on debentures, £8,040 ; for
dividend on preference shares, less income tax, £40,222 17«. ; directors' percentage, £1,664 8*.;
interest on funded arrears of dividend, less income tax, £2,396 12«. ; redemption in part of
funded arrears of dividend, less income tax, £7,988 13*. '3d. ; dividend on ordinary shares,
£-22.00'3 IDS.— total, |8">,936 0*. 4d. Payments : Salaries, £1,232 6*. 5d. ; directors' and audi-
tors' fees, £852 10s. ; other expenses (£647 4*. 8d., lest transfer fees, £21 6s.), £625 18*. 8d. ;
interest on debentures, £8,040 ; balance, £75,175 5*. 3d.— total, £85,926 0*. 4d.

During the past year the following items were charged to Capital Account : Rolling stock,
$199,642.97 ; tools and machinery, $14,525.44 ; track and roadway, $31,289.54 ; bridges, $27,-
638.93 ; buildings, $11,993.47 ; miscellaneous, $7,335— total, $292,425.35.

Directors (elected December 8, 1891). — Augustus B. Abraham, H. Doughty Browne, Geo.
"W. Medley, Francis Pavy, London, Eng. ; Charles Schiff, Cincinnati, 0. ; Calvin S. Brice,
Lima, O. ; Samuel Thomas, John H. Inman, John G. Moore, New York, X. Y.

AUGUSTUS B. ABRAHAM, Chairman of the Board London, Eng.

Auditors— Price. Waterhouse & Co London, Eng. \ Stcretary—*R. V. Tomlinson London, Eng.

PRINCIPAL OFFICE AND ADDRESS Birmingham, Ala.

London Office Prince's Street Chambers, 2 Prince's Street, London, Eng.

Xe\v York Office . . 80 Broadway.

ALABAMA MIDLAND RAILWAY COMPANY.

Main Line of Road. — Bainbridge, Ga., to Montgomery, Ala.. . . . . .174.93

Lucerne Branch : Sprague Junction to Luverne, Ala 32.79 — 207.72 miles.

Sidings and other tracks, 13.20 miles. Gauge, 4 ft. 9 in. Rail (steel), 60 Ibs.

History. — Chartered in Alabama in March, 1887, and in- Georgia in October, 1887, and
companies consolidated October 22, 1888. Road opened throughout in May, 1890. Con-
trolled by the Plant Investment Co.

Rolling Stock, June 30, 1891. — Locomotive engines, 11. Cars — passenger. 18 ; baggage,
etc.. 5; freight (box, 207; stock, 18; platform, 148), 373; caboose, 9; other, 70— total, 475.

Operations for year ending June 30, 1891.— Train mileage— passenger. 263,880 ; freight,
264,693; other, 134,248— total, 662,821 miles. Passengers carried, 206,061; carried one
mile, 6,622,202 ; average mile rate, 2.32 cents. Tons freight moved, 187,752 ; moved cne
mile, 18,601,199: average ton-mile rate, 1.74 cents. Earnings — passenger, $153,383.95;
freight, $324,549.19; mail, $12, 337. 39 ; express, $3,604.07; other, $18,201.14— total ($2,-
465.51 per mile), $512,136.34. Expenses— transportation, $217,747.04; equipment, $38,700.-
03; way and buildings, $108,827.22; general, $70,942.96— total ($2,100.02 per mile), $436,-
217.25. Net earnings (14.82 per cent.), $75,919.09. Payments : Interest on bonds, $198,000 ;
interest and discount, $2,916.63 ; taxes, $8,046.66 ; other, $427.52— total, £209,390.81. Bal-
ance, deficit, $133,471.72.

General Balance Sheet, June 30, 1891.

Railroad and Equipment $7.525.000 00 i Common Stock ($100 shares) $2,625,000 00

Materials and Fuel 37,975 08 Preferred Stock ($100 shares) 1,«00,000 00

Current Accounts 62,807 47 Funded Debt Outstanding 3.300,000 00

Cash on Hand 3.734 95 Current Accounts 137.639 22

Profit and Loss 133,471 72 Other Liabilities. . . 100.350 00

Total Assets $7,762,989 22 Total Liabilities $7,762.989 22

Funded debt consists of $-.',800,000 main line 1st mortgage 6 per cent. 40-year $1,000
gold coupon bond?, dated November 1, 1888, due in 1928, interest May and November ; and

8 POOR'S MANUAL OF RAILROADS.

$500,000 1st mortgage extension 6 per cent. 40-year $1,000 gold coupon bonds, secured on
Luverne Division, due December 1, 1930, interest June and December.

Annual meeting, Saturday after first Wednesday in March, at Montgomery, Ala. Inter-
est on bonds payable at the office of the Metropolitan Trust Co., New York, N. Y. Interest
was guaranteed till November 1, 1892, by the Alabama Terminal and Improvement Co. Main
line bonds listed on New York Stock Exchange. It is proposed to reduce the interest on
main line bonds from 6 to 5 per cent.

Directors (elected March 7, 1891).— H. B. Plant, H. M. Flagler, M. J. O'Brien, H. S.
Haines, M..F. Plant, New York, N. Y. ; J. W. Wooifolk, W. F. Vandiver, G. B. Shellhorn,
R. P. Tallman, Montgomery, Ala.

H. B. PLANT, President New York N. Y.

J. W. Wooifolk, Vice-President Montgomery, Ala.

Secretary— R. B. Smith New York, N. Y. I General Superintendent — B. Dunham. Montgomery, Ala.

Treasurer— 3 . Moultrie Lee Savannah, Ga. | Auditor— H. C. Prince

PRINCIPAL AND TRANSFER OFFICES Montgomery, Ala.

ALLEGHENY AND KINZUA RAILROAD COMPANY.

Moin Ti»P of ttnad J Bradford, Pa., to Coffey Run, Pa 14.00

Mam Lines ot Koad.— •} Taeffer> N Y ^ to Qilbert5 Pa 7.25-21.25 miles.

f Watt's Mills to Hall's Mills, N. Y 4.50

| Stony Brook Junction to Stony Brook, N. Y 3.90

Brandies : •{ Morrison's to Kinzua Valley, Pa 2.00

| Johnson's Junction to Johnson's Mills, Pa 0.75

L Red House, N. Y., to Freck's Mills, N. Y 10.00—21.15 miles.

Total length of all lines completed, December 31, 1891 42.40 miles.

Sidings, etc., 3.5 miles. Gauge, 4ft. 8| in. Rail (steel), 40 Ibs.

History.— Consolidation in February, 1890, of the Allegheny and Kinzua, and the Brad-
ford and Corydon RR. Cos. Road completed as above during 1890. (See MANUAL for 1891.)

Rolling' Stock, June 30, 1891. — Locomotive engines, 4. Cars— freight (flat, 4 ; caboose,
1 ; logging, 90), 95.

Operations for year ending June 30, 1891. — Train mileage not reported. Tons freight
moved, 188,527 ; moved one mile, 2,262,324 ; average ton-mile rate, 3.96 cents. Earnings —
passenger, $2,034.02 : freight, $89,639.65— total, $91,673.67. Operating expenses— transpor-
tation, $28,428.99 ; maintenance of way, etc., $18,589.90 ; of equipment, $10,678.34 ; general,
$10,305.05— total, $68,002.28. Net earnings, $23,671.39. Payments : Interest on bonds,
$12,729.15 ; taxes, $400.43— total, $13,129.58. Surplus for year, $10,541.81. Deficit for-
ward, $1,605.67— net surplus, $8,936.14.

Financial Statement, June 30, 1891.— Capital stock (par, $100), authorized and paid ii
$500,000 ; funded debt 1st mortgage 5 per cent. $1,000 bonds (authorized, $500,000) outstand-
ing, $285,000 ; interest on bonds, due and accrued, $5,729.15 ; audited vouchers and payrolls
$13,912.56 ; open accounts, $3.08 ; loans and bills payable, $4,125 ; profit and loss, $8,936.1'
—total, $817,705.93. Contra : Cost of road, $802,630.88 ; equipment, $5,914.56 ; cur
accounts, $6,766.79 ; cash on hand, $2,393.70— total, $817,705.93.

The bonds are dated February 1, 1890, and due $15,000 (Nos. 1 to 15 et seq.) each year,
beginning February 1, 1891 ; interest payable February and August, at office of trustee, thf
Central Trust Co., New York City. They are secured on the railroad and on 46,000 acres of
timber land. It is claimed, however, by one of the bondholders that the lands are alread;
encumbered and are not, timber lands, and he has, therefore, brought suit to enforce the ful-
filment of the contract. Annual meeting, second Tuesday in February, at Olean, N. Y.
books close ten days previously.

Director s.-S. S. Bullis, J. E. Rooney, C. S. Carey, F. L. Bartlett, Olean, N. Y.; P.
McNeil, M. W. Barse, Buffalo, N. Y. ; G. L. Roberts, Bradford, Pa. ; John Byrne F.

POOR'S MANUAL OF KA1LBOAD8. 9

Smith, I. B. Newcombe, J. Brown, New York, N. Y. ; C. Weidenfeld, Orange, N. J. ; F. C.
Woodbury, Portland, Me.

SPENCER S. BDLLIS, President Olean, N. Y.

P. McNeil, Vice-President Buffalo, N. Y.

Sec., Treat. A G. F. A.— J. E. Rooney ... Olean, N. Y. | Superintendent— C. O. Williams Bradford, Pa.

PRINCIPAL OFFICE AND ADDRESS Olean, N. Y.

Financial Agents I. B. Newcombe & Co., 54 Wall St., New York, N. Y.

ALLIANCE AND NORTHERN RAILROAD COMPANY.

Line of Road. — Phalanx, O., to Alliance, O 25 miles.

Sidings, etc., 2 miles. Gauge, 4 ft. .8i in. Rail (steel), 56 Ibs.

History. — That portion of the Lake Erie, Alliance and Southern Ry. extending from
Phalanx to Alliance, O., as above, was purchased at foreclosure sale on January 15, 1891,
and reorganized under the above title about April 25, 1891. (See MANUAL for 1891, page 279.)

Rolling Stock (leased), June 30, 1891. — Locomotive engines, 2. Cars — passenger, 1 ;
baggage, mail, and express, 1 ; freight (platform, 5; coal, 30), 35; caboose. 1 — total cars, 38.

Operations from January 15 to June 30, 1891. — Train mileage — passenger, 14,600;
freight, 8,100— total, 23,700 miles. Passengers carried, 10,286 ; carried one mile, 126,861.
Tons freight moved, 46,906 ; moved one mile, 586,325. Earnings — passenger, $3,466.65 ;
freight, $13,577.58; mail, $498.12 ; express, $338.24; other, $52.48— total, $17,933.07. Op-
erating expenses, $15,994.05. Net earnings, $1,939.02, which was expended in improve-
ments.

Financial Statement, June 30, 1891.— Capital stock, $500,000. No bonds.

Directors (elected April 25, 1891).— Harvey H. Brown, Dexter B. Chambers, Wm. B.
Sanders, Wm. B. Whiting, Cleveland, 0.; Fred. H. Smith, Jr., Newark, N. J.; Theo. F.
Hicks, M. S. Paton, New York, N. Y.

MORTON S. PATON, President 1 Broadway, New York, N. Y.

Sec. and Treas.—Fr&d. H. Smith, Jr Newark, N. J. | Gen. Supt.—T&. E. Scranton Alliance, O.

PRINCIPAL OFFICE AND ADDRESS Alliance, O.

New York Office 1 Broadway.

ANNAPOLIS AND BALTIMORE SHORT LINE RAILROAD COMPANY.

Line ot Road. — Annapolis, Md., to Baltimore, Md 28 miles

Gauge, 4 ft. 8-i in. Rail (steel), 60 Ibs.

History. — Chartered January 6, 1880 ; road completed and opened March 9, 1887.

Rolling- Stock, December 31, 1886. — Locomotive engines, 3. Cars — passenger, 14 ; bag-
gage, mail, and express, 2 ; freight (box, 10 ; platform, 20), 30; other, 10 — total, 56.

Financial Statement, December 31, 1886.— Capital stock, $500,000 ; funded debt, 1st
mortgage 6 per cent, bonds, dated April 1, 1884, due April 1, 1914, interest April and
October. $500,000 ; 2d mortgage 6 per cent, bonds, dated January 1, 1887, due January 1,
1927, interest January and July, $500,000, $1,000,000— total stock and bonds, $1,500,000.

Annual meeting, second Wednesday in October. Trustees of bonds, Safe Deposit and
Trust Co. of Baltimore, Md. The bonds are secured by a mortgage on road, equipment, etc.

No later information furnished.

Directors (elected November, 1890).— John Glenn, C. A. Coomb?, Baltimore, Md. ; J. S.
Ricker, George Burnham, Jr., \V. W. Browu, J. Hopkins Smith, Portland, Me. ; W. C, Has-
kins, F. E. Fennessey, Boston, Mass. ; Joseph B. Seth, Easton, Md.

J. S. RICKER, President Portland, Me.

Vice-Presiaent— J. H. Smith Portland, Me. | Secretary and Treasurer— I*. A. Burck. . .Baltimore, Md.

PRINCIPAL OFFICE AND ADDRESS Baltimore. Md.

10 POOR'S MANUAL OF RAILROADS.

ANNAPOLIS, WASHINGTON AND BALTIMORE RAILROAD COMPANY. I

Line of Road.— Annapolis, Md., to Junction (B. 0. RR.), Md. . 20.50 miles. !

Sidings and other tracks, 2 miles. Gauge, 4 ft. 8£ in. Rail (steel, 20.5 miles), 56 Ibs.

History. — Reorganization in April, 1886, of the Annapolis and Elk Ridge RR. Co., whose i
road was opened December 26, 1840. (See MANUAL for 1888, p. 92.)

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 3 ; baggage,
mail, and express, 2 ; freight (platform), 4 — total cars, 9.

Operations for year ending June 30, 1891. — Traffic statistics not reported. Earnings —
passenger, $43,458.82 ; freight, $11,598.67 ; mail, $1,852.12 ; express, $4,299.65; other, $136 I
—total, ($2,992.45 per mile), $61,345.20. Expenses— transportation, $24,217.64 ; motive I
power, $4,904.19 ; maintenance of cars, $58-5.70 ; way and buildings, $6,324.88 ; general, |
$4,887.41— total ($1,996.09 per mile), $40,919.83. Net earnings (33.29 per cent.), $20,425.44.
Payments: Dividends (5| per cent.), $20,547; steel rails, $2,000— total, $22,547. Balance,
deficit, $2,121.56. Surplus from last year, $4,551.37. Net surplus, $2,429.81.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $358,000; current
accounts, $3,557.67 ; profit and loss, $2,429.81— total, $363,987.48. Contra : Cost of road,
equipment, and real estate, $358,000 ; current accounts, $5,234.80 ; cash on hand. $752.68.

Dividends payable at office of Alexander Brown & Sons, Baltimore, Md. Dividends paid
during the past fiscal year ; No. 10, January, 1891, 3V per cent. ; No. 11, July, 1891, 2\ per
cent. Annual meeting, first Monday in May, at Baltimore, Md.

Directors. — John A. Hambleton, W. W. Spence, Baltimore, Md. ; J. Wirt Randall,
Annapolis, Md. ; Alexander Brown, Baltimore, Md.

JOHN WILSON BROWN, President and General Manager. . . .Baltimore, Md.

Sec. and Treas.—W. G. Bowdoin Baltimore, Md. | Gen. Tkt. and Fgt. Agt.—3. H. Brown. .Annapolis, Md.

PRINCIPAL OFFICE AND ADDRESS Baltimore, Md.

ARIZONA AND NEW MEXICO RAILWAY COMPANY.

Line of Road.— Lordsburg, N. M., to Clifton, A. T 71 miles.

Sidings, 4 miles. Gauge, 3 ft. Rail (steel), 35 Ibs.

History.— Consolidation August 1, 1883, of the Clifton and Lordsburg and the Clifton
and Southern Pacific RRs.

Rolling Stock. —Locomotive engines, 3. Cars — combination, 2; freight (box, 10; plat-
form, 14 ; coal, 29), 53 ; other, 4— total cars, 59.

Operations for year ending September 30, 1891. — Passengers carried, 3,655. Freight
moved, 23,681 tons. Earnings, $257,664.47. Expenses, $133,792.02. Net earnings, $123,-
872.45. Paid interest on bonds, $79,800. Balance, surplus for year, $44,072.45.

Financial Statement, September 30, 1890.— Capital stock, $1,500,000 ; funded debt, 1st
mortgage 6 per cent. 25-year bonds, due August 1, 1908, interest February and August,
$1,330,000— total, $2,830,000. Contra: Cost of road, $2,565,000 ; equipment, $65,000 ; real
estate, etc., $200,000— total, $2,830,000. The bonds may be paid any August 1st after 1893
by paying a bonus-of $100 on each bond.

Annual meeting, first Wednesday after first Monday in October.

Directors (elected November 19, 1891). — John Shennau, M. J. Egan, James Colquhoun,
J. G. Hopkins, E. A. Cutter, G. M. Heggie, Clifton, Ariz. ; Jos. Leahy, Benj. S. Roberts,
Lordsburg, N. M. ; George Thomson, New York, N. Y.

JOHN SHENNAN, President Clifton, Ariz.

James Colquhoun, Vice-President Clifton, Ariz.

Treasurer— John G. Hopkins Clifton, Ariz. | Secretary— John G. Hopkins Clifton, Ariz.

PRINCIPAL OFFICE AND ADDRESS Clifton, Ariz.

ARIZONA AND SOUTHEASTERN RAILROAD COMPANY.

Line of Road.— Fairbank, Ariz., to Bisbee, Ariz 36.20 miles.

Gauge, 4 ft. 8V in. Rail (steel), 40 Ibs.

POOR'S MANUAL OF RAILROADS. It

Rolling Stock. — Locomotive engines, 2. Cars — combination, 2 ; freight (box, 1 ; plat-
form 8), 9— total. 11. All further information refused.

JAMES DOUGLAS, President New York, N. Y.

Treat, awl Sec.— Jos. Van Vleck New York. N. Y. | General Superintendent— Benj. Williams. .Bisbee, Ariz.

PRINCIPAL OFFICE AND ADDRESS 99 John Street, New York, N. Y.

ARKANSAS AND LOUISIANA RAILWAY COMPANY.

Line of Road.— Hope, Ark., to Nashville, Ark 26 miles.

Gauge, 4 ft. 8i in. Kail (steel, 16 miles), 56 Ibs.

History. — Organized in October, 1881, as successor to the Washington & Hope RR. Co.
(See MANUAL for 1891.)

Rolling Stock, June 30, 1891.— Locomotive engines, 4. Cars— passenger, 2 ; baggage,
mail, and express, 2 ; freight (platform), 4 — total cars, 8.

Operations for year ending June 30, 1891. — Train mileage (mixed), 35,932 miles. Pas-
sengers carried, 16,490 ; carried one mile, 293,572. Tons freight moved, 12,955 ; moved one
mile, 286,035. Earnings— passenger, $13,589.20; freight, $47,511.68; mail, $1,901.67; ex-
press, $2,252.02 ; other, $744.63— total, $65,999.20. Expenses— transportation, $14,405.041;
motive power, $5,498.79 ; maintenance of cars, $489.85 ; maintenance of way, etc., $20,985.64;
general. $3,758.76— total, $45,138.08. Net earnings, $20,861.12; add interest, $14; other
receipts, $6; 761. 42 -total, $27,636.54. Payments : Taxes, $2,018.76; other, $2,641.98— total,
$4.660.76. Balance, surplus, $22,975.78; surplus forward, $30,342.57— total, June 30, 1891,
$53,318.35.

Financial Statement, June 30, 1891.— Capital stock ($100 shares), $512,000; funded
debt, 1st mortgage 5 per cent. 30-year coupon, $1,000 bonds, dated July 1, 1883, interest
payable January and July (authorized, $384,000), $240,000; bills payable, $1,196.10 ; current
accounts, $4,518.89; old iron sold, $256.11 ; due St. L., I. M. & S. Ry. Co. on account of
construction, $85,844.41; profit and loss, $53,318.35— total, $897,133.86. Contra: Cost of
road and equipment, $888,303.85 ; materials and fuel, $285.65; current accounts, $3,747.81 ;
suspense account, $72 ; cash, $4,724.55— total, $897,133.86.

Annual meeting, last Monday in January, at Washington, Ark.; books close thirty days
previously. Interest payable at office of trustee, Mercantile Trust Co., New York.

Directors (elected January 28, 1891).— Thomas Essex, Little Rock, Ark. ; E. G. Merriam,
Geo. C. Smith, St. Louis, Mo.; J. J. Thomas, A. H. Carrigan, Washington, Ark.

THOMAS ESSEX, President Little Rock, Ark.

E. G. Merriam, Vice-President St. Louis, Mo.

Secretary— Geo. C. Smith St. Louis, Mo. | Treasurer— A. H. Calef New York. N. Y.

General Auditor— C. G. Warner " " \ Ass. Sec. & Ass. Treas.—R. B. Williams.. Wash., Ark.

PRINCIPAL OFFICE AND ADDRESS Washington, Ark.

ASTORIA AND SOUTH COAST RAILWAY COMPANY.

Line of Road. — Young's Bay to Clatsop Beach. Ore 15.78 miles.

Sidings, 0.18 mile. Gauge, 4 ft. 8i in. Steel rail, 12.48 miles.

History. — Chartered August 18, 1888. and road opened as above in 1890. It is only
operated during the summer months. The company owns 1 locomotive and 23 flat freight
cars. Cost of road and equipment to June 30, 1890, $125,103.84.

Directors,— William Reid, E. P. Thompson, Portland, Ore.; Alfred Kinney, Charles H.
Page, I. W. Case, Charles W. Fulton, J. W. Conn, D. K. Warren, Breuham Van Dusen,
Astoria, Ore.

WILLIAM REID, President Portland, Ore.

Secretary— K. C. Holden Astoria, Ore. | Treasurer— I. W. Case Astoria, Ore.

PRINCIPAL OFFICE AND ADDUESS . . Astoria. Ore.

12

POOES MANUAL OF RAILROADS.

ATCHISON, TOPEKA AND SANTA FE RAILROAD COMPANY.

LEASED AND CONSOLIDATED LINES :

Atch. , Top. & Santa Fe JRR. (Original) : Atchison, Kan. , to West Line of Kansas 470.58 miles.

Chic., Santa Fe & Col. Ry. : Chicago, 111., to Kansas City & branch to Pekin. 515.27 miles.
St. Joseph, St. Louis and Santa Fe RR. : Lexington Junction, Mo., to Win-

throp, Mo. (and branch) 97.56 miles.

Kansas City, Topeka and Western RR. : Kansas City, Mo., to Topeka, Kan. . 66.04 miles.

Leavenwth, Norttin and South' n RR. : Wilder, Kan., to Cummmgs June. , Kan.. 46. 19 miles.

Kansas City, Emporia and Southern Ry. : Emporia, Kan., to Moline, Kan. . . 84.38 miles.

Florence, Eldorado and Walnut Valley Ry. : Florence, Kan., to Winfield, Kan. 72.73 miles.

Marion and McPherson- Ry. : Florence, Kan., to Ellinwood, Kan 98.84 miles.

Wichita and Southwestern Ry. : Sundry Lines in Kansas 130.85 miles.

Southern Kansas Ry. Lines : Sundry Lines in Kansas, Ind. Ter., and Texas.. 940.92 miles.

Chicago, Kansas and Western RR. : Sundry Lines in Kansas 943.66 miles.

Pueblo and Arkansas Valley RR.: Sundry Lines in Colorado 294.16 miles.

Denver and Santa Fe RR. : So. Pueblo, Col. , to Denver, incl. Denver Circle Ry. 126.03 miles.

New Mexico and Southern Pacific RR. : Sundry Lines in New Mexico 372.27 miles.

Rio Grande, Mexico and Pacific RR. : Sundry Lines in New Mexico 186.08 miles.

Silver City, Deming and Pacific RR. : Deming, N. M., to Silver City, N. M. . 48.30 miles.

Rio Grande and El Paso RR. : Texas State Line to El Paso, Tex 20.15 miles.

New Mexican RR. : Sundry Lines in New Mexico 68.11 miles.

Total Atchison, Topeka and Santa Fe RR 71,158232 miles.

CONTROLLED LINES :

Gulf, Colorado and Santa, Fe Ry. (Mileage as per statement on page 24) 1,058.00 miles.

Sonora Ry. : Nogales to Guaymas, Mex \ s Svstem I 262.41 miles.

New Mexico and Arizona RR. : Benzon, Ariz., to Nogales }^ *' \ 87.78 miles.

Southern California Ry. (Mileage as per statement ou page 25) 475.36 miles.

St. L., Kansas City and Col. RR. : St. Louis, Mo., to Union, Mo. (with branch). 61.40 miles.
Total Controlled Lines 717944795 miles.

OWNED JOINTLY :

Leavenw'th, Top. and Southw. Ry. : Leavenw'th, Kan., to Meriden June. , Kan. 46.57 miles.

Manhattan, Alma and Burlingame Ry.: Burlingame, Kan., to Manhattan, Kan. 56.62 miles.

Wichita and Western RR. : Wichita, Kan., to Mullinville, Kan., and West

Line of Kiowa Co. , Kan 124.65 miles.

Atlantic and Pacific RR. (Mileage as per statement on page 22) 946.84 miles.

Total owned jointly 1,174.68 miles.

Of which credited to Atchison 587.34 miles.

Total Atchison, Topeka and Santa Fe KR. System .7,114.41 miles*'

Total St. Louis and San Francisco Ry. System (details elsewhere) 1.862.68 miles-
Total Colorado, Midland Hy. (details elsewhere) 350.42 miles.

Grand total of railways operated by the Atchison Co., June 30, 1891 9,327.51 miles.

Other track, Atchison system : 2d, 12.85 ; sidings, etc., 824.56 miles. Gauge, 4 ft. 8i in.

Rail (steel, 4,106.34 miles), 56 to 65 Ibs.

The following statement gives the total mileage of all lines forming the Atchison,

Topeka and Santa Fe RR. system proper at the end of each year from 1873 to 1891 :

YEAR.

1873

18?4

1875

1876

1877....
1878 ...
1879....
1880....
1881 ....
1882...

MILES OF RAILROAD.

Main
Line.

Miles.
469.60
469.60
470.10
470.10
470.58
470.58
470.58
470.58
470.58
470.58

Branches.

Miles.

39.28

39.28

241.53

241.51

315.42

398.16

696.98

1,216.75

1,319.09

1,349.89

Southern

Kansas.

Miles.

Total.

Miles.
508.88
508.88
711.63
711.61

7s»;.o<)

868.54
1,167.56
1,687.33
1,789.67
1,820.47

YEAR.

1883.

1SS4.

.

1887.
1SSS.
18S9.
iS'.M.

1891.

MILES OP RAILROAD.

Main
Line.

Hike.

470.58
470.58
470.58
470.58
470.58
470.58
470.58
470.58
470.58

Branches

1,349.89

1,397.18
1,397.56
1,424.92
1,610.27
1,611.99
1.613.75
3,168.15
3,170.62

Southern
Kansas.

Total.

MUM.

986. BO

941. '.13
(14 1.93
'.l-PJ.-Ui
940.92

POOR'S MANUAL — ATCHI80N, TOPEKA AND SANTA FE RR. CO.

13

History.— Chartered February 11. 1859, as the Atchison and Topeka RR. Co. Name
chanirrd March 3, 1863, to Atchison, Topeka and Santa Fe RR. Co. Construction begun on
main sti-iii in 1^6'J, and whole line (470.58 miles) completed and opened February 20, 1873.

For history and statistics of sutaequent extensions see MANUAL for 1889, page 716.

Statement showing operated mileage of Railroads at the close of the fiscal years from
:o 1891 :

Dec. 31, Dec. 31, Dec. 31, Dec. 31, Dec. 31, Dec. 31, Dec. 31. June 30. ' June 30,

RAILROADS.

1884. 1885.

Jfiles. Mites. Miles.

1888.

Miles. MUes.

At ,Top. & S. FeRR. Svs.. Proper. 1,820.47 1.837.18 1.SB7.76 1.887.28 2.070.51
Southern Kansas Ry . . .' 398.58 506.93 528.80 550.06 88

< lonsolidated System (May 1, 1888) 3,024.50 3,026.26 j

Chicairo. Kansas & Western RR 779.155 943.29 943.46 I

u Fe £ California Ry 516.70 516.70 r

St. Jo?eph,St.Louis& Santa FeRy 97.20 97.20 J

Consolidated Svstem i Jan. 1,1890) 4,582.194,582.12

New Mexico & Arizona RR 87.78 87. 73 87.78 87.78 87.78 87.78 87.78 87. 7^

SonoraRv. . 262.41 262.41 262.41 262.41 262.41 262.41 262.41 262.41

California Southern Ry 278.20 210.61 210.61 •

-California Central Ry*

262.41

So. California Ky. (Nov. 1, 1889) ...

Gulf. Colorado & Santa Fe Ry

St Louis. Kansas City & Col. RR..

Total Owned and Cont. Roads. 2,569.24 2,694.30 2,746.75

120.51 269.09 \

476.20 476.20 475.36

729.00 1,012.20 1.058.00 1,058.00 1,058.00 1,058.00
61.40 61.40 61.40 61.40 61.40

3,794.73

Road* Owned Jointly (One-half).
Manhattan, Alma &Burlin<rameRy. 28.31 28. 31 '
Leavenworth. Top. & S. West. Ry. 23.15 23.15;

Wichita & Western RR 22.46

Kinsrman. Pratt & Western RR

Wichita & Western Ry. (Jan. 1.1889)

Atlantic & Pacific RR.— West. Div 407.55 407.55

Atlantic & Pacific RR.— Cent. Div. . 51. l>0 51.00

5,486.82, 6,530.98 6.529.41 6,527.98 6,527.07

28.31
28.40
22.46

28.31
28.40
22.46

28.31

28.40

28.04

407.55
51.00

407.55
56.03

407.55
56.03

6-2.32

407.55

56.03

28.31

62.32

407.55
56.03

28.31
23.28

62.32

417.40

56.03

Total Jointly Owned Roads (#) 51.46 5:32.47 532.47 537.72 582.61 582.61 532.25 582.25 587. 34
Total System-General 2,620.70 3.226.77 3.279.22 4,332.45 6,069.43 7,113.59 7,111.66 7,110.23' 7,114.41

* Includes Redondo Beach Ry., 10.81 miles.

Southern Kansas System. — In November, 1880, the Atchison company, through one of
its auxiliary corporations, the Kansas City, Topeka and Western, purchased the entire capi-
tal stock of the Kansas City, Lawrence and Southern RR. Co., and its two auxiliary corpora-
tions, the Suuthem Kansas and Western and the Sumner County, payment being made dollar
for dollar, in 5 per cent. 40-year bonds of the Atchison of the date of September 1, 1880.
For further details of history see MANUAL for 1888, page 742, and MANUAL for 1889, page 733.

Sonora System.— Opened for business in July, 18S2. See MANUAL for 1889, p^ge 732.

G-ulf, Colorado and Santa Fe RR. — This road was added to the Atchison system in 1886.
See statement on page 24.

St. Louis, Kansas City and Colorado RR. — The Atchison owns the entire stock and bonds
of this company. For history, etc., see MANUAL for 1890, page 927.

Southern California RR. — This company (a consolidation of the California Central and
the California Southern RR. Cos. and the Redondo Beach Ry. Co., November 7, 1889) is con-
trolled by the Atchison through ownership of its capital stock. (For history of the constituent
companies, etc., see MANUAL for 1889, pp. 732, 883, 884, and MANUAL for 1890, page 1,009 ;
see aiso statement on yage 25 following.)

The interest of the Atchison in these several companies is shown in the statements of
securities owned by it, which will be found on another page.

For information in reference to roads owned jointly, see GENERAL INDEX for statements
of the several companies.

The company was reorganized without foreclosure in October, 1889, under the terms of a
plan, a resume of which was given in the MANUAL for 1891, on page 14.

On January 1, 1889, the Wichita and Western, and Kingman, Pratt, and Western RR.

14

POORS MANUAL — ATCHISON, TOPEKA AND SANTA FE RR. CO.

Cos. were consolidated under the title of the Wichita and Western Ry. Co., and from July 1,
1890, operated by the Atchison Co.

On January 1, 1890, the Chicago, Santa Fe and California Ry., the Chicago, Kansas, and
Western RR., and the St. Joseph, St. Louis and Santa Fe Ry., were merged into the Atchi-
son System proper.

In May, 1890, the company purchased the common and preferred stock of the St. Louis
and San Francisco Ry. Co., issuing for that purpose $27,000,000 new stock, or at the rate of
one share and three-eighths of new stock for one share of San Francisco preferred, and three-
quarters of one share of new stock for one share of San Francisco common.

The company owns the entire capital stock ($8,000,000), and guarantees $6,000,000 ($4,-
015,000 outstanding) 4 per cent, consolidated mortgage bonds of the Colorado Midland Ry.
Co. The contract for purchase of the stock and guarantee of the bonds was entered into
September 5, 1890, the cost of the property to June 30, 1891, appearing as $4,405,500 in Atchi-
son stock at par and $2,012,510 in cash ; but the cash payment upon final adjustment will
stand at about $1,900,000.

In November, 1890, under a traffic arrangement with the Chicago, Peoria and St. Louis
RR. Co., a through line between Chicago and St. Louis was opened.

The real estate owned by the company in Chicago has been sold for about $8,000,000 cash
to the Chicago Elevated Terminal Ry. Co., organized in August, 1890, to build in the city of
Chicago an elevated railroad with passenger and freight stations, to afford to steam rail-
roads entering the city better and more economical facilities. All of the railroads thua
accommodated, the Atchison among the number, will be stockholders in the Terminal
Company.

Statement of rolling stock, June 30, 1891:

A., T.

&S.
F.RR.
Sys-
tem
Prop-
er.

Total
OVd
and
Con-
trol'd
R'ds.

One-
half
Joint
R'ds.

Total
Sys-
tem.

A., T.
&S.
F.RR.

Sys-
tem.
Prop-
er.

Total
O'n'd
and
Con-
trol'd
R'ds.

One-
half
Joint
R'ds.

Total

Sys-
tem.

Locomotives

794

199
' 47
29
27
22
61

918

228
76
33
34
25
70

'"is

67
14
16
11
5
16
2

9
3

53

13
1
....

"'2

4
4

'i

971

241
77
33
35
25
72
4
16
67
14
16
12
5
16
2
9
3

Flat

1,427
309
456
469
1,200

2,485
376
456
469
1,201

304

27

2,789
403
456
469
1,201
190
23

Passenger Cars.

Coaches, \ ™^ee ; ; ;
Chair

Caboose

Fruit (Freight)

Refrigerator
Furniture

Ballast

190

190

'22

Coach and Baggage
Coach, Mail, and Baggage
Baggage, Mail, and Express..
Baggage and Express
Mail and Baggage

Line Box

Total

Miscellaneous Cars.
Derrick

23,934

9
13
3
3
4
4
1

26,742

10
18
5
18
29
4
1
5
112
1
10
3
1

1,172

1
1

'"39
55

1

""4

27,914

11
19
5

57
84
5
1
9
112
1
10
4
1

319

28,880

57
14
16

8
3
1H
2
9
3

Express

Pile Driver .

Mail

Steam Shovel
Boarding . .

Official

Pay

Water
Oil Tank

Dining

Parlor

Snow Plough
Tool

Fruit (Passenger)

Service

Total
Freight Cars.
Box

513

8,402
282
2,752

8,447

621

9,6V2
3^5
2.961
8,627

26
60

'iso

629

647

9,712
325
3,091
9,256

Cinder

Snow Flangers
Frontier Station . .

3

Total

40

217

102

Stork

Grand Total Cars

Coal

24,487

27,580

1,300

NOTE.— No rolling stock owned by Atlantic and Pacific RR., Central Division.

Capital Stock ($102,000,000) on June 30, 1891, consisted of 1,019,925 shares of $100 each
($101,992,500, less capital stock in treasury, for stock scrip, $7,737.50), $101,984,762.50;
capital stock in escrow, 75 shares, $7,500 ; fractional stock certificates, 1 share, exchangeable
for stock, $100 ; capital stock scrip, $7,637.50.

POOR'S MANUAL — ATCHISON, TOPEKA AND SANTA FE RR. CO.

15

Comparative statement of operations, etc., of the Atchison, Topeka and Santa Fe RR.
System for the two years 1890 and 1891, ending June 30 :

1890

1891

1890

1891

\vcra°re Miles Operated

7,110.95
7,692,080
12.720,031

1.H72.588
3,965,319
954,265

7,111.61 !
8,655.049
14,659.227
1,938.721
4,597,593
856,618

Operating Expenses— Transp.
Maintenance Equipment
Maintenance of Way, etc. . .
General

12.334.86657
2,670,736 13
4,842,149 15
1,072,68441

14,482,150 73
3,399.204 19
5,074,672 50
1,087,142 22

Train Milage— Passenger
Freight

Mixed

Switching
Const'ct'n,etc.

Total

Total Expenses

Net Earnings
Gross Earnings per Mile
Operating Expenses per Mile.
Net Earnings per Mile

20,920,386 26

10.083,970 77
4,36009
2.94200
1,41809
67. 48 p. c.
2.234 c.
1.228C.

24,043,16964

9,620,546 54
4.733 63
3.380 68
1,352 95
71. 42 p. c.
2.35? c.
1.265c.

27,204,283

4,235,671
295,234.950
7,741.658
1,769,828:696

6.610,706 44
21.733,15361
1.507,46946
1,153,027 52

30,707,208

4.467.298
307,567^940
7,780,223
1,844.663,240
$
7.248,693 95
23.329,649 36
1,640,790 80
1,444,582 07

Passengers Carried .

Passenger Miles
Tons Freight Moved
Freight (ton) Miles

Expenses to Earnings
Av. Rate per Pass, per Mile. . .
Av. Rate per Ton per Mile

Earnings — Passenger .

Freight
Mail and Express..
Other

Total Earnings

31,004,357 03

33,663.716 18

Income Account, year ending June 30, 1891. — Net earnings as above, $9,620,546.54 ; add
income from investments, $351,074.02; Sonora subsidy, August, 1890, to June 30, 1891,
$267,893.95 ; sundry profits, $147,606.58]; profit from land department A. & P. RR. Co.,
$3,581.67— total, $10,390,702.76. Deduct payment to St. Louis and San Francisco Co. under
agreement of October 5, 1886, $260,301.61 ; discount in reducing to U. S. currency net earn-
ings of Sonora Ry., included above in Mexican currency, $10,409.98 ; expenses of Sonora Ry.,
general, $13.371.34; loss from operating Las Vegas Hot Springs property, $23,613.95 — total,
$307,696.88. Available revenue, $10,083,005.88. Charges : Taxes, $1,240,018.32 ; rental of
track, $376,180.83 ; rental of rolling stock, $238,798.79 ; one-half rental Mojave Division A.
& P. RR., $218,133 ; interest on bonds (guarantee fund notes, $420,000 ; general mortgage 4s.
$5,024,285.67; C. & St. L. Ry. Co. 1st mortgage bonds, $90,000; St. J., St. L. & S. F. Ry. 1st
mortgage bonds, $480 ; one-half on A. & P. RR. general mortgage 4s, $352,080 ; one-half on
A. & P. Central Division 1st mortgage bonds, $35,685), $5,922,530.67 ; interest on income
bonds, 2 per cent., $1,587,790.60; one-half sinking fund A. & P.-RR. Co., $45,000— total,
$9,628,452.21. Net surplus for year, $454,553.67.

General Income Account (Consolidated System. — Operations of "St. Louis, Kansas City
and Colorado RR., and one-half Atlantic and Pacific RR., not included) for year ending June
30, 1891.— Earnings from passengers, $6,853,872.89 ; freight, $22,160,178.76; mail, $806,094.-
30; express, $702,216.65 ; miscellaneous, $1,434,128.48— total, $31,956.491.08. Operating
expenses, $22,324,892.90. Net earnings, $9,631,598.18. Add income from investments,
$518,074.02 ; Sonora subsidy, August, 1890, to June, 1891, inclusive, $267,893.95 ; sundry
profits, $228,846.11— total, $10,646,412.26. Deduct discount on net earnings of Sonora Ry.,
included in foregoing, in Mexican currency, reducing same to United States currency, $10,-
409.98 ; expenses Sonora Ry. general, $13,371.34 ; loss from operating Las Vegas Hot
Springs property, $23,613.95 ; payment to San Francisco Co. under agreement of October 5,
1886, $260,301.61— total, $307,696.88. Balance, available revenue, $10,338,715.38. Pay-
ments : Taxes, $1,176,627.99 ; rental of track, $337,880.01 ; rental of rolling stock, $206,780.-
20 ; interest on bonds, (A., T. & S. F. RH. guarantee fund notes, $420,000 ; ditto 4 per cent,
general mortgage bonds, $5,024,285.67 ; C. & St. L. Ry. Co. 1st mortgage bonds, $90,000 ;
St. J., St. L. & S. F. Ry. Co., 1st mortgage bonds, $480), $5,534,765.67 ; 2 per cent, interest
on income bonds, $1,587,790.60— total, $8,843,844.47. Balance, surplus, $1,494,870.91.
Deduct this company's liability for deficit of auxiliary roads not included in General Account
—St. Louis, Kansas City and Colorado, and Atlantic and Pacific RRs., $1,040,317.24. Net
surplus, $454,553.67.

16 POOR'S MANUAL — ATCHISON, TOPEKA AND SANTA FE HR. CO.

General Balance Sheet (Consolidated System), June 30, 1891.

LIABILITIES.

Capital Stock $102,000,000 00

Funded Debt— Four per cent. General Mortgage Gold Bonds, authorized $150,000,000

Less reserved for future treatment 19,6?'6.000 — 130,324,000 00

Five per cent. Income Gold Bonds 80,000,000 00

Guarantee Fund Notes, outstanding 9,000,000 00

Chicago and St. Louis Ry. -1st Mortgage 6 per cent. Bonds 1,500,000 00

St. Joseph, St. Louis, and Santa Fe Ry.— 1st Mortgage 6 per cent. Bonds • 8,000 00

Sundry old Bond Issues called for Deposit under Circular 63 *1, 720,315 00

Union Tru?t Co., New York— Certs, for new Securities deliverable for old Bonds. . 77,864 98

Securities owned by Leased and Aux'y Cos. held in Trust and dep'd as Collateral. 5,358,443 03

Subscriptions Account of Circular 63 1,600 00

Account* Payable: Due to Companies, Individuals, etc., in Current, Operating, and Traffic Accounts 5,199,894 76

Bills Payable : For Loans to St. L. & S. F. and Col. Mid. Ry. Cos 3,732,700 00

Bond Interest Matured : On General Mortgage Bonds, including Coupons past due, not presented. 2.779,053 39

Dividends past due, not yet claimed, $2,6(56 ; Scrip Certificates issued, not yet presented, $158 2,824 00

Interest on Bonds accrued, not yet due :

Interest declared earned on Income Bonds to June 30, 1891 1,598,816 32

Interest on Bonds not called for Exchange 100,200 00

Taxes Accrued : Balance Accrued to June 30, 1891, not due nor payable till December 1 and there-
after $035,609 52

Less further Offsets for Payments made 38,151 59— 597,457 93

Surplus for 9 months to June 30, 1890 . . .$770,133 97

Less Sundry Items applicable to that period 5,211 10— $764,922 87

Surplus for year ending June SO, 1891 1,494,870 91

Total Surplus to June 30, 1891 • 2,259,793 78

Total Liabilities $346,260,963 19

ASSETS.

Franchises and Property $83,912,568 44

Additions during the year 2,748,952 18— 86,661,520 62

Property in Leased and Auxiliary Roads represented by Bonds issued by such Roads : Deposited

with Trustee of General Mortgage. $104,719,685 00

Deposited as Collateral for Atchison old Bonds 36,526,000 00— 141,245,685 00

Property in Leased and Auxiliary Roads represented by Capital Stocks Owned : Sundry Proper-
ties included in Reorganization $46,346,665 72

St. Louis and San Francisco Ry. Co 22,281,687.50— 68,628.353 22

Property in various Collateral Companies represented by Capital Stocks owned and wholly or

partly pledged under the General Mortgage 722,204 66

Indirect Investments represented by Capital St'ks deposited with Union Trust Co., of New York. 5,358,443 03

Bonds of Auxiliary Roads subject to Exchange under Circular 63 3,082,315 00

Sundry Stocks and Bonds owned and not included in the foregoing, at Cost 1,664,720 93

Real Estate and Lands 2,325,539 58

Securities deliverable under Circular 63 : 4 per cent. General Mortgage Bonds, $1,279,953.59 ; In-
come Bonds, $885,015.60 2,164,969 19

Capital Stock in Treasury 385,062 50

Equipment in Trust 2,099,981 90

Colorado Midland Ry. Co. Capital Stock Purchase Account— in adjustment 6,418,010 00

Sundry Advances for New Lines, Real Estate, etc • 129,458 98

•Sundry Accounts affecting Operations prior to October 1, 1889, likely to be closed into Franchises

and Property 118,504 67

Sundry Accounts in Process of Adjustment 138.396 38

Sundry Deposits for Contingent Purposes 24,359 52

iDue from Sundry Auxiliary Companies for Advances, etc. (See page 18) 6,139,515 09

Materials and Fuel in Stock 1,476,967 52

Accounts Receivable : Due from Agents, Individuals, etc 3.135,452 93

Bills Receivable 307,76855

Demand Loans : St. Louis and San Francisco Ry. Co., secured $3,361,556 05

Colorado Midland Ry. Co., secured 426,188 45— 3,787,744 SO

Cash on Hand and on Deposit 4,023,132 19

Securities in Treasury available for Payment of Current Obligations : 4 per cent. General Mortgage

Bonds and Scrip $3,799,816 23

5 per cent. Income Gold Bonds and Scrip 423,041 00

Guarantee Fund Notes 2,000,000 00— 6,222,857 23

Total Assets $346,260,968 19

* Includesjbonds assented and not yet deposited. ...This amountlhas been reduced since June 30, to $1,674,315.

J^VirglnlaCy.^^ lEuleka n^fj\A f\

rrKrr-

KyJ\

R I Z O N A I lu*tt*sSg~&al

OEN:X,, \^«&»&"a**

„ rXGloteCv.p A.'/^I EKX I

ATCHISON; TOPEKA AND
SANTA FE EAILROAD

SYSTEM.

MEXICO

POOR'S MANUAL — ATCHTSON, TOPEKA AND SANTA FE KB. CO.

17

Statement A. — Property in leased and auxiliary roads represented by capital stock

owned :

Shares. Par Value.
* \ A : I', RR. i '«> 291 ,5194- $29,151,950 00
F. RR. Co. in Chic. 50,000 5,000,000 00
Co., t 'ommon 67.930 6,732,000 00
K"v. Co., Preferred... . 30,468 3,046.80000
Kansas \ West. RR. Co. . 47,383 4,736,800 00
BMfc, 8. F. & Calif. Ry. Co .... 150.000 15,000.000 00
P. Ry.Co... 15,000 1,500,00000
& W . V. Kv. Co 7.200 720,000 00
*Gulf. Col. & S. P. Ry. Co 45,390 4,539,000 00
Kan. Citv. Emp. & So. Rv. Co. . 5,957 595,700 00
; v. Top. ,t West . KR. Co. 35,000 3,500,000 00
X ( . ,t So. Ry. Co 6,416 641,600 00
Top. & So. West. Rv. Co. 5,509 550,900 00
Man.. Alma & Bur. Ry. Co*. 4,186* 418,650 00
Marion ,t McPlu-rson Ry. Co. . . 13,463 1,346,300 00
\o\v M.-x. A: Arix. RR. Co 36,820 3,682.000 00
New Mex. & So. Pac. RR. Co. . . 93,020 9,302,000 00

New Mexican RR. Co. . .
Pueblo & Ark. Val. RR. Co...
Rio Gran., Mex. & Pac. RR. Co
Rio Gran. & El Paso RK. < «...
Sil. Cy., Dem. & Pac. RR. Co..
St. Jos., St. L. & S. F. Rv. Co.
St. L., K. C. &Col. RR. Co....
Sonora Rv. Co., Ltd
The So. Kan. Ry. Co
Wichita & So. Westn. Rv. Co. .
The Wichita A: W.-MH. Rv. Co.
St. L. & San Fran. Ry. Co., Pref
St. L. &San Fran. Ry. Co.. Com

Tw«i« f Par value
otals| Ledger cost

Shares. Par Value.
14,558 81-455,80000
56,162 5,616,20000
69,380 6.938,000 00
2,<>00 200,000 00
7,080 708,000 CO
9,700 970.000 00
16,000 1,600,000 00
52,480 5,248,000 00
13,168f 1,316,87500
18,244 1.824,40000
2,250 225J x 10 00
98,853 9,885,300 00
115,864 11,586,40000

...S138.037.17500
68,628,353 22

* See also Statement E.
t Deposited with Boston Safe Deposit and Trust Co.. as collateral for guarantee fnnd notes, and when
released will he deposited with Union Trust Co., of New York, trustee, under general mortgage indenture.

* The Atchison Company is entitled to 34,500 shares additional, when issued.

The following shares
Co. of New York, trustee,

A.&P.RR.Co

So. Cal. Ry. Co., Common

So. Cal. Ry. Co., Preferred ....
Chic., Kan. & West. RR. Co...

Denver & Santa Fe Ry. Co

F.,E. & W. V. RR. Co

G..C. &S. F. Ry. Co

K.C., E. & S. Ry. Co....
K. C.,T. & W. RR. Co...

L., No. A So. Ry. Co

L., T. & S. Wr. Ry. Co ...

M.,A. &B. Ry. Co

M. &McP. Ry. Co

N. M. & A. RR. Co

included in above statement are deposited with the Union Trust

as collateral under general mortgage indenture :
Shares. Par Value.

. 33,968 $3,396,800 N. M. & So. P. RR. Co. .
67,298 6,729,800 New Mex. RR. Co

. 30,440 3,044,000 P. & A. V. RR. Co. . .

R. G.,M. &P. RR. Co

R. G. &E. P. RR. Co...

S. C., D. & P. RR. Co

St. J., St. L. & S. F. Ry. Co. ...

Sonora Ry. Co., Ltd 52.460

The So. Kan. Ry. Co 13.144

WTich. & So. West. Ry. Co 18.224

The Wich. & West. Ry. Co 2,250

47,343

14,980

7.180

45,250

5,937

£5.000

6,396

5,502

4,1544;

13.443"

36,800

$3,396,800

6.729.800

3,044,000

4.734,300

1,498,000

718,000

4,525,000

593,700

3,500,000

639,600

550,200

415,450

1,344,300

3,680,000

Shares.

93,000

14.538

56,142

69.360

1,980

7.060

9.6S3

Par Value

$9.300,000

1 .453,800

5,614,200

6,936,000

198,000

706,000

968,500

5,246,000

1.314,400

1.822,400

225,000

Total.... ...$69,153,450

. & A. KK. (JO 30,8UU 3,DOU,UUU

Statement B. — Securities held by investment properties owned by the A., T. and S. F.
RR. Co. :

NAMES OF SECURITIES.

Par Value.

Owned by

Atchison Union Depot Stock, 9 Shares

Atchison Union Depot and RR. Co. 2d Mortgage Bonds

Beach Hotel and Steamship Improvement Co. Bonds

Caffon City Coal Co. Stock, 8,500 Shares (par, $50)

Cher, and Pittsburg C. & M. Co. Stock, 2,000 shares

Fort Worth Stock Yards Stock, 250 Shares

Hunnewell Town Co. Stock. 250 Shares

The Kansas City- Belt Railway Co. Stock, 500 Shares

Kansas City Union Depot Co. Stock, 210 Shares

Las Vegas Hot Springs Co. Stock, 2,466 Shares.

Leavenworth Union Depot Co. Stock, 1-7 of §150,000 (say)

Marine Railway and Dry Dock Co. Stock, 100 Shares ".

Mississippi River Railroad and S. B. Co. Stock, 10,000 Shares

Mississippi River Railroad and S. B. Co. Bonds

Precipice Cauon Water Co. Stock, 15 Shares

St. Joseph Terminal Railroad Co. Stock. 1,500 Shares

San Antonio Water Co. Stock, 6 Shares

The Sibley Bridge Co. Stock, 4,500 Shares

The Sibley Bridge Co. Stock, 4,500 Shares

The Sibley Bridge Co. Bonds

The Southern Kansas Railway Co. of Texas Stock, 6 045 Shares
The So. Kansas Ry. Co. Stock, 37,434 Shares, and $47.18 Scrip. . . .
Southern Kansas and Pan Handle RR. Co. Stock, 3,009 Shares . . .

Trinidad Coal and Coking Co. Stock, 1,625 Shares

The Wichita and Western Railway Co. Stock, 3,800 Snares (Atchi
son Co.'s proportion, ^, or, say 1,900 shares)

$9.000 00 St. J., St. L. & S. F. Rv. Co.
4,500 00 St. J., St. L. & S. F. Ry. Co.
10,000 OOJG., C. & S. F. Ry. Co.
425,000 OOiP. & A. V. RR. Co.
200,000 00, The Southern Kansas Ry. Co.
25,00000 GM C. & S. F. Hy. Co.
25,000 00 The Southern Kansas Rv Co.
50,000 OOIK. C.. T. & W. RR. Co."
21,000 00 The Southern Kansas Rv Co.
t 246,600 OOJN. M. & S. P. RR. Co. "
21,428 58;L. T. & S. W. Ry. Co.
10,000 00 Southern California Ry. Co.
1,000,000 OO.C., S. F. & C. Rv. Co."
* 650,000 00|C., S. F. & C. Ry. Co.

750 00 Southern California Ry. Co.
150,000 00!St. J., St. L. & S. F. Ry. Co.
600 OOJSouthern California Rv. Co.
450,000 OO'C.. S. F. & C. Rv. Co. "
450,000 00 Sibley Bridge Co.
* 850,000 OOlC., S. F. & C, Ry. Co.

604,500 OOjThe Southern Kansas Ry. Co.
3,743,447 18 K. C., T. & W. RR. Co. "
300,900 OOiThe C., K. & W. RR. Co.
162,500 00 P. & A. V. RR. Co.

190,000 00 The Wichita & West. Ry. Co.

$9,600.225
7,427,937 07

* Pledged. t Total capital stock, $300,000 ; not issued, $53,400.

(A portion only of the above securities appear in General Account of the A. T. and S. F.
RR. Co., on page 16).
2

18

POOR'S MANUAL — ATCHISON, TOPEKA AND SANTA PE RR. CO.

Statement C. — Property in various collateral companies represented by capital stocks
owned and wholly or partly pledged under general mortgage indenture :

Shares. Par Value.

Arizona So. RR. Co 1,000 $100,000 00

Arkansas Valley Elevator Co 975 97,500 00

Oeage Carbon Co 3,000 300,000 00

San Pedro Coal and Coke Co 400 40,00000

Kansas City Union Depot Co 210 21,000 00

Atchison Union Depot and RR. Co 9 9,000 00

St. Joseph Union Depot Co 10 1,000 00

A. &. P. Equipment Co 2,000 200,000 00

Atchison City Elevator Co 282 28,200 00

Raton Coal and Coke Co 5,000 500,000 00

Scandinavian Coal and Mining Co 100 1,00000

„.,< Par Value $1,297,70000

I Ledger Cost 722,204 66

The following shares, included above, have been deposited with the Union Trust Co. of
New York, trustee under general mortgage indenture :

Shares. Par Value.

Arizona So. RR. Co 1,000 $100,000

Arkansas Valley Elevator Co 969 96,900

Osage Carbon Co 2,991 299,100

San Pedro Coal and Coke Co 395 39,500

Kansas City Union Depot Co 210 21,000

Atchison Union Depot and RR. Co 9 9,000

St. Joseph Union Depot Co 10 1,000

A. & P. Equipment Co 1,635 163,500

Atchison City Elevator Co 261 26,100

Raton Coal and Coke Co 4,994 499,400

Scandinavian Coal and Mining Co 100 1,000

$1,256,500

Statement D. — Indirect investments represented by capital stocks deposited with Union
Trust Co. of New York, trustee. Owned by investment properties whose stock and bonds are
pledged under general mortgage indenture :

Shares,

Par Value.

Owned by

Atchison Union Depot and RR. Co.
Canon City Coal Co. ,

Cherokee and Pittsburgh Coal and Mining C(
The Kansas City Belt Ry. Co

Kansas City Union Depot Co.

Las Vegas Hot Springs Co

The Mississippi River RR. and Toll Bridge Co. . .

St. Joseph Terminal RR. Co

The Sibley Bridge Co

The So. Kan. Ry. Co

The Southern Kansas Ry. Co. of Texas

The Trinidad Coal and Coking Co

The Southern Kansas and Pan Handle RR. Co. . .

Totals

Par Value. .
Ledger Cost.

9

8,493
2,000
497
. 210
2,446
9,995
1,225
4,480
37,434
5,955
1,618
3,000

$9,000 00 St. J., St. L. & S. F. Ry. Co.
. &A. V. RR. Co.

424,650 00 P
200,000 00 The So

49,700 00

21,000 00
244,600 00 N
999,500 00 C

. Kan. Ry. Co.
K. C., T. & W. RR. Co.

The So. Kan. Ry. Co.
f. M. & So. P. RR. Co.
3., S. F. & C. Ry. Co.
122,500 00 St. J., St. L. & S. F. Ry. Co.
448,000 00 C., S. F. & C. Ry. Co.
743,400 00 K. C., T. & W. RR. Co.
595,500 00 The So. Kan. Ry. Co.
161,800 00 P. & A. V. RR. Co.
300,000 00 The C. K. & W. RR. Co.

$7,319,650 00
5,358,443 03

The item "due from sundry auxiliary companies for advances, etc.," in the General
Balance Sheet on page 16, consists of— Atlantic and Pacific RR. (loan account, $4,142,294.80;
contribution account, $214,395.62), $4,356,690.42; St. Louis, Kansas City and Colorado II K.
Co., $1,479,361.11 ; Atchison, Topeka and Santa Fe RR. Co., in Chicago, $101,557.49 ; Rio
Grande Land Co., $91,000 ; Atlantic and Pacific Equipment Co., $17,929.72 ; miscellaneous,
$92,976.35— total, $6,139,515.09.

POOR'S MANUAL — ATCHISON, TOPEKA AND SANTA FE RR. CO.

19

tement E.— Sundry securities and lands — not pledged under general mortgage inden-
ture—owned by Atchisou, Topeka and Santa Fe RR. Co. :

Par.

Ledger Cost.

i

STOCKS.
\ T t S F RR Co Capital Stock

131 shares
2.157
2.550
2,000
500
500
349

240
30 bonds
500 shares
220

$13,100
215,700
255,000
50,000
.VI.CKK) i
50,000 f
34,900

24,000)
30,000 )'
50,000
22,000

$13.095 27
215.700 00
255.000 00
50,000 00
40,00000
4,800 00

25,50000

50.000 00
22,00000

•nd and Cattle Co Stock ....

Topeka Equipment Co. Stock . .

Western Union Beef Co Stock ....

Chicago Union Transfer Railway Co Preferred Stock

Chicago Union Transfer Railway Co. Common Stock

Prescott and \rizona Cent Ry Co

\ri7onaMineralBelt RR Co .

Min Belt Coal and Iron Co Stock

\ M B RR Co Bond*

Raton Water Company Stock

BOND*.
\tlantic and Pacific RR Co Guarantee Trust 4 p c

$794,700

371,000
45,0001
549,500 j.

$676,095 27
296,800 00

452,485 66

90,000 00
4,50000
5,000 00
91,000 00
30.500 00
15,000 00
2.000 00
14000
1,000 00
200 00

\tlanticandPacificRR Co W. D Income Listed

\tlantic and Pacific RR Co W D Income

Atlantic and Pacific RR Co. Stock

9,218 snares

Atlantic and Pacific RR Co C D Income

687,OOOJ
100,000
4,500
5,000
100,000
30,000
15.000

2;ooo

200
1.000
200

Aztec Land and Cattle Co. 1st Mortgage 6 p. c

Atchison Union Depot and RR Co 2d Mortgage 5 p c

The Kansa« City Belt Ry. Co. 1st Mortgage Bonds . . .

Trinidad Coal and Cokin^ Co. 1st "Mortgage 6 p c

Citv of Wellington Aid Bonds

Ati"pusta Township (Kan ) Warrants

Rush County Fundin^ Bonds

Grant Conntv (Kan ) Funding Bonds .

Donna Anna Countv (N. M.) Bonds

Rio Arriba County (N. M.) Ponding Bonds

REAL ESTATB AND LANDS.
Lands in Kansas . . .

$2,705,100

$1.664.720 93

100,640 30
30,037 27
65,385 05
203.601 74
1,632,116 49
255,347 50
38,411 23

Coal Lands in Colorado

Real Estate in Los Angeles, Cal

Pacific Land and Improvement Co.. Lands in Cal

A. & P. Lands, G F. Crane, Trustee .

Real Estate and Land Dept.— G., C. & S. F. Ry. Co
Miscellaneous

Total... ...•...,

$2,325,539 58

$3.990/260 51

GENERAL REMARKS.

The gross earnings from the Atchison system, on an average operated mileage for the year, of 7.111.61 miles,
were $33.663.716.18, or per mile $4.733.63. an increase of $2,659,359.15, or per mile of $373.54. over the previous
year. This satisfactory result was obtained in the face of adverse conditions arising chiefly from poor crops in
1890. It should not be overlooked, however, that the Atchison system has built practically no new mileage since
September, 1888. and the new mileage then completed (2,058 miles') has been steadily increasing the bu?
the company from natural development of the territory through which it passes.

The gross earnings from freight traffic for the year were $23.329.649.36, an increase of $1.596,495.74 over pre-
vious year. The total number of tons of all classes of revenue freight carried was 7.780.223.2. an increase of 38.-
564.9 tons. East-bound tonnage shows, a decrease of 186,637.4, indicating results incident to light crops : while
west-bound tonnage, more closely illustrative of permanent conditions, increased 225/202.3 tons.

The same results obtain from tons carried one mile, east-bound showing decrease of 35,077.777 tons one
mile and west-bound increase of 109,912,321, or enough to show a general increase of tons moved one mile for the
year east and west of 74,834,544, the gross total tons of freight moved one mile on the evstem having been 1,769.-
828.696 in the year to June 30, 1890, and in the year just closed 1,844,663.240.

The commodity movement in the fiscal years to June 30, 1890 and 1891, is shown below :

1891.
Tons.

Products of Agriculture 1,483.279.1

Animals and Products 1,009.8291

Coal and Coke 1.914,431 .5

Ores 390.035.0

Stone, etc 586.5128

Lumber 727,355.1

Manufactures and Merchandise 1,668,780.6

Totals 7,780,223.2

1890.
Tons.

1.921,591.3

1,097,911.4

1,726,806.6

264.77S.3

572.712.2

684,777.9

1,454.731.2

r,?23.308.9

Increase
Tons.

187,624.9

125,256. 7

13,800.6

42,577.2

214,049.4

Net Increase.
56.914.3

increase
Tons.

20 POOR'S MANUAL— ATCHISON, TOPEKA AND SANTA FE RR. CO.

Products of agriculture above noted include grain of all descriptions, cotton, etc., and the entire movement
for the year to June 30. 1891, was, of grain but 10.08 per cent., and of other agricultural products 8.98 per cent,, a
total of but 19.06 per cent, of the aggregate tonnage hauled. While the product* dependent upon crop con-
ditions showed a decrease of 438,312.2 tons, commodities not affected by weather, but following growin" popu-
lation and necessities, increased 583,308.8 tons.

In connection v> ith freight traffic movement during the year ended June 30, 1891, it' is well to note that the
average rate of freight shows an increase over that of the previous year of .037 of a cent per ton per mile and the
avegage haul per ton an increase of 8.49 miles.

During the year the gross earnings from passengers amounted to $7,248,693.95, an increase over previous
year of $63s,660.17, with an increase in average rate per passenger per mile of .123 of a cent. The average: num-
ber of miles travelled by each passenger shows .85 mile under the previous year, indicating a greater movement
of local passengers during the year just closed.

The net earnings for the year were $9,620,546.54, or $1,352.95 per mile, a decrease of $403,424.23, or $65.1 1 per
mile, under the previous year. This result was owing to extensive repairs made to the rolling stock following its
heavy usage in the previous year, as that large traffic was done without any increase in equipment. Maintenance
•of equipment in operating expenses show a total during the year now reported of $3,399,204.19, an increase; of
$728,466.0(5, while traffic expenses (those incident to train movement) show at $14,482,150.73, an increase of $2,-
147,234.16, much of which was due to constant use of motive power, necessitating increase of train service with
lighter trains, and, consequently, more expense. This also naturally caused heavier track repairs, maintenance
ot road expenses showing at $5,074,672.50, an increase of $232,523.35 over the previous jrear. A different result
generally should obtain in the year beginning with July 1, 1891, as large additions were made to equipment in
cars and engines during the latter part of the year just closed.

During the year there were placed in the track and charged to operating expenses 152.771 miles new steel
.rails at net cost of $172,270.52, and 1,253,079 new ties, $545,179.68 : in all, $717,450.20.

The expenditures during the year upon improvements of the property have been heavy, and were prin-
cipally as follows : Gulf, Colorado and Santa Fe Ry., including rebuilding of Dallas and Paris Branch. $1,292,-
515.85 ; Southern California Ry., mainly raising and protecting tracks in canons from floods, $199,093.37 ; Atchi-
son System proper, Chicago Line completion, chiefly, $1.000,058.19; All other lines, general improvements,
$60,482.73— total improvements, $2,552,150.14.

These expenditures followed the large outlays of the previous year and the financial reorganization of the
company, and were found necessary to bring the properties up to standards of economy and safe operation.
Improvement expenditures also include $312,383.28 for new side-tracks, to provide for growing business and
more economical movement of trains ; $231,561.42 for new buildings, inclusive of a large new elevator, with
machinery, at Argentine, Kan., at a cost of $89,950, and seven small elevators on tin- Chicago Line, at a cost of
$13,590.05. The large amounts expended on the Gulf, Colorado and Santa Fe Ry. include general building up of
the line, as well as an entire rebuilding of the Dallas Branch, and cover work which could not be deferred.

During the year additions to property have been made in amount of (less credits) $26,646.98. The principal
items under this head were 2.52 miles of new second track between Morris and Holliday in Kansas, at a cost of
$22,758.01 and 1.78 miles of main trade and 1.66 miles of side-track extending to the Pittsbur^ and Midway Coal
Co.'s mines in Kansas, $8,531.87, all included in a total of $31,289.88 on the Atchison RR. proper. The credits
under this account arose chiefly from taking up of unnecessary tracks on Southern California Road.

During the year there was expended for additional and new locomotives $126,531.28 ; passenger cars, $36.-
121.92; freight and other cars, $142,910.46 ; and shop machinery, $18,207.20— an aggregate of $323,770.86, which
was charged to equipment (capital) account. There were also 143 freight and 22 service cars rebuilt new by the
company at a cost of $78,498.33, which was charged to operating expenses.

The demands for equipment provirg so great, to move traffic offering, an arrangement was entered into dur-
ing the year to procure substantial additions to the rolling stock under a trust agreement providing for payment
for such equipment within ten years from date of acquisition, in twenty semi-annual instalments, through equip-
ment trust live per cent, bonds, to issue in amount of eighty-eight per cent, of the cash cost of such equipment
secured by the whole. The rolling stock placed in the company's use through this medium includes 87 locomo-
tives, 890 box, 900 furniture, 100 ballast, 450 refrigerator, 12 dining, 7 chair, and 2 parlor cars, all of the best con-
struction and most improved and latest standards, of a cash value of about $2,500,000. Most of this equipment
was delivered to June 30 last, upon which the company advanced to that time $2,099,981.90, which will be re-
turned through negotiation of the equipment trust bonds above referred to.

In 1887 the Denver and Santa Fe RR. (now a part of the Consolidated System) was built from Pueblo to
Denver, Col.. 126.03 miles. The direct net cost of this property at June 30, 1891, was $3,185,445.29, its original
cost having been reduced to this sum through application of proceeds from sales of lands acquired with the prop-
erty, of $564,414.37.

The entire length of this railroad practically paralleled a part of the Denver and Rio Grande RR., and had no
means of securing any business from the large resources of interior Colorado except what might be given it by
the latter, whiclTreached to all important points in the State, while its local traffic was light through necessary
division with the Rio Grande line. The road, in this situation, was a drag on the main stem, and in September,
1890, to correct this condition of affairs and assure to the company its proportion of the general traffic of Colorado,
it was determined to purchase outright the Colorado Midland Ry. line, extending from Colorado Springe through
Aspen, Leadville, and other important centres of business in Colorado, to Rifle Creek and Grand Junction, at
which latter point connection is had with the Rio Grande Western Ry., thereby not only drawing a large and
remunerative traffic to the Denver division, but a heavy through business to the main line.

The purchase was made in September, 1890, without increasing the share capital of the company, and at a
cash cost which upon final adjustment will stand at about $1,900,000, and 'the management of the Colorado Mid-
land Railway was turned over to the Atchison November 1, 1890. Prior to the actual acquisition of this property
only a very small percentage of its traffic came to the Atchison. In the year to June 30, 1891, which included Col-
orado Midland business for practically eight months only, the earnings ol the company's railway sy.-iem from
freight received from and delivered to the Colorado Midland Railway amounted to $421,365.20 ; from passengers.
$51,711.08 ; and from other sources, $6,485.68— an aggregate of $479,561.96. The net result to the Atchison Com
pany to June 30, 1891, deducting all expenses in carriage of the traffic producing the gross earnings stated, was
$139,072.97, or $62,247.17 more than the deficit of the Colorado Midland Railway after all charges of every descrip-
tion for the same year.

On the Colorado Midland Railway the gross earnings increased $243,475.79. the operating expenses $221,051.-
62, and the net earnings $22,424.17. Tons of freight carried one mile increased 13,449,448, and passengers one
mile, 2,387,987.

The road was opened for through business in connection with the Rio Grande Western Line during the year,
which is indicated by the increased average haul per ton of freight 26.67 miles, and decrease of average freight
rate per ton per mile of .381 of a cent, and by increased average haul per passenger of 15.73 miles and decrease of
average rate per passenger per mile of .591 of a cent.

Products of mines on this line, consisting of coal, ores, etc., made up 7T).79 per cent, of its freight traffic for the
year, an increase over the previous year of 37,152.5 tons, or 6.87 per cent. This business, with the through connec-
tions and wide distributing advantages, secured through the now close relations with the Atchison System, should
increase in greater proportion during the current year.

POOR'S MANUAL — ATCHISON, TOPEKA AND SANTA FE BR. CO.
Statement of Bonded debt outstanding ($220,832,000) on June 30, 1891 :

21

I>t->rKII'TLOX OF MORTCAt.K.

Date
of
B'd*.

When
Payable.

AMOUNT OF BONDS.

INTKKKST.

Authorized.

Out-
standing.

Rate.

Annnal
Interest.

When
Payable.

'irnil 4 per cent. Bonds
Guarantee Fund \otes

1889
1888
1885

July 1, 1989
Nov. 1, 1891
March 1, 1915

150.000,000
10,000,000
10,000/7. w.

130,324,000
9,000,000
1,500,000
8.000
80,000,000

p.4e.

6
6
6
5

5.212.960
540,000
90.000
480

Jan. & July
M:iv A; Nov.
Jan. & July

rhiniL'o A- St. Louis h'v. 1st Mr-.'.
. sr.L..& Santa Fe 1st Mtge.
New Income 5 per cent. Bonds —

1889

July 1, 1989

80,000,000

September

230,832,000

5,843,440

Thf new general mortgage bonds were issued under the plan of reorganization to retire the
then existing indebtedness. Nos. 1 to 125,000 inclusive are of $1,000 each ; Nos. A 1 to A
50,000 inclusive are of $500 each. Interest on these bonds is payable at the agencies of the
company in the cities of Boston and New York, and at the office of Baring Bros. & Co., Lon-
don, England. Bonds are coupon, with privilege of registration. These bonds, and subject
to them the income 5s, are secured by one indenture to the Union Trust Co., Mew York,
and cover the entire property of the company, all shares of stock owned or controlled (except
sufficient to qualify directors), all bonds owned and pledged under trust deeds, and all securi-
ties deposited under the plan of reorganization. These bonds may be issued to any amount
not exceeding $150,000,000 on present property to carry out the reorganization plan, and
additional amounts may be issued at $20,000 per mile for extension or double track. Both
principal and interest payable in gold coin, without any deductions for taxes. The Union
Trust Co. holds the unissued balance, $19,676,000, to retire when necessary or deemed expe-
dient, the guarantee fund notes, the Chicago and St. Louis 1st mortgage bonds, and the St.
Joseph, St. Louis, and Santa Fe 1st mortgage bonds, beside $175,000 5 per cent. 1st mortgage
bonds of the St. Joseph Terminal RR. Co., $191,000 7 per cent. 1st mortgage bonds of the
Osage Carbon Co., and $8,802,000 4 per cent, guaranteed trust bonds of the Atlantic and
Pacific RR. Co.

Guarantee Fund Notes. — In November, 1888. the $10,000,000 notes were authorized,
secured by second mortgage on the main line in Kansas, and by the deposit of the stock of
the Chicago, Santa Fe, and California and terminal companies. The mortgage can be dis-
charged whenever the notes are paid off — a,t any time. Denomination, $5,000 each. Interest
payable at the bank of North America, Boston, Mass. On the maturity of these notes they
were extended for two years with 1 per cent, bonus to holders.

Chicago and St. Louis Ry. Bonds. — These bonds are for $l,0r 0 each, secured on 143 miles
of road. Interest payable at the Farmers' Loan and Trust Co.. New York, N. Y.

Tfie new incomes were issued under the plan of reorganization. Nos. 1 to 57,000 inclusive
are of $1,000 each ; and Nos. 1 to 46,000 inclusive, of $500 each. Bonds are coupon, with priv-
ilege of registration. Interest is non-cumulative, and is payable, if earned, in any vear end-
ing June 30, on September 1 following, at a rate not exceeding 5 percent, per annum, at the
agencies of the company in the cities of Boston and New York, and at the office of Baring
Bros. & Co., London, England. In September, 1890, a dividend of 2| per cent, and in Sep-
tember, 1891, one of 2 per cent, were paid on these bonds. They are secured by the same
indenture to the Union Trust Co., New York, N. Y., as the general mortgage bond.-, which,
however, take priority in all respects to the incomes.

The Atlantic and Pacific first and second mortgage bonds are guaranteed one-half each,
severally but not jointly, by the Atchison and St. Louis and San Francisco Cos.

Annual meeting, last Thursday in October. Dividends (payable quarterly, pee Handbook
of Investment Securities) declared at the regular meeting of the directors in the month pre-
ceding that in which dividend is payable. Books close about one month previous to date of
dividend payment, and remain closed ten days. Dividends payable at company's office,

22

POOR'S MANUAL — ATCHISON, TOPEKA AND SANTA FE SYSTEM.

Boston, Mass. ; National Bank of Commerce, New York, N. Y. ; and Merchants' Loan and
Trust Co., Chicago, III. Transfer agents, Boston Safe Deposit and Trust Co., 87 Milk Street,
Boston ; Hanover National Bank, New York ; and Merchants' Loan and Trust Co., Chicago.

Capital stock listed on Stock Exchanges in Boston and New York ; general mortgage and
income bonds, on the New York Stock Exchange. The foregoing securities and also the
guarantee funds notes are quoted at the principal money centres of Great Britain — London,
Liverpool, Manchester, Birmingham, Dublin, and Glasgow.

Land Department, A. T. & S. F. RR. Co.— By Act of Congress, March 3, 1863, accepted
by the Territory of Kansas, February 9, 1864, there was granted for this line in Kansas 10
sections (6,400 acres) of land per mile, or a total (after deductions) of 2,934,659.68 acres, all
of which had been patented to the company, less 5,955.56 acres reverted to United States
Government.

During the year ending June 30, 1891, there were no sales and no cancellations. The
receipts during the year were : From deferred payments (principal, $55,172.32 ; interest,
$5,863.57), $61,035.80 ; miscellaneous, $139.55— total, $61,175.44. Expenses and taxes, $6.-
861.40. Net income applicable to the payment of interest and expenses, etc., of the trusts
and to the redemption of land bonds, $54,314.04.

From the organization of the land department to June 30, 1891, the sales have been
3,352,663.81 acres, for $12,756,972.99 ; being an average of $3.80 per acre. The cancellations
have amounted to 423,916.17 acres, for $1,943,467.96 principal, $572,616.94 interest, and
$307,245.07 unearned interest. The total cash receipts have been $12,014,054.43 ; discounts,
$276,334.52; expenses, $1,671,737.25, and taxes, $1,180,709.61.

Statement showing the income, expenditures, charges, and profits (or losses) of the entire
Atchison system of railroads for the year ending June 30, 1891 :

Mileage

(Av'rage).

Gross
Earnings.

Net
Earnings.

Other
Receipts.

Available
Revenue.

Charges.

Profit or
Loss.

Atchison System
St. Louis and San Francisco Rv

7,111.61
1,859.65
326.93

33.663,716

6,748,508
1,968,267

9.620,547
2,907,650
581,367

462,459
72,926

$
10.083,006
2,980,576
581,367

$
9,628.452
* 3,079,920
658,193

$
P. 454.554
L. 99.3-44
L. 76,826

Colorado Midland Ry ".

Total System

9,293.19

42,380,491

13,109,564

535,385

13,644,949

13,366,565

P. 278,384

*Of this amount $774,258 will be provided for by the issue of new 4 per cent, bonds. Adding to the deficit
for the year, the sum of $650,129 advanced to Atlantic and Pacific, and deducting this amount of $774,258, leaves
a surplus of $24,785 over all charges.

RAILKOADS CONTROLLED BY THE ATCHISON, TOPEKA AND SANTA FE RR. Co.

ATLANTIC AND PACIFIC RAILROAD.— Lines of road : Western Division : Albuquerque,
N. M . to Isleta Junction, 12.69 ; Isleta Junction, N. M., to Mojave. Cal., 805.86 ; branches to mines, quarries,
etc., 16.24 ; Central Division: Seneca, Mo., to Sapulpa, Ind. Ter., 112.05— total length of all lines, 946.84 miles.
Sidings, etc., Western Division, 71.11 miles ; Central Division, 8.97 miles. Gauge, 4 ft. 8$ in. Rail (steel, 957.37
miles), 56 Ibs. Of this mileage, 243.16 miles from Colorado River to Mojave, Cal., of the Southern Pacific RR.,
and 12.69 miles from Isleta to Albuquerque, N. M., of the A., T. & S. Fe RR., are located at and operated in con-
nection with the Western Division.

History.— Chartered July 27, 1866, and 34 miles of the Central Division, to Vinita, Ind. Ter., completed in
1873. Work was begun on the Western Division in May, 1880, and it was completed in August, 1883. The exten-
sion of the Central Division to Sapulpa was built between 1882 and 1886. The government has accepted 85 miles
of the Central Division. (See MANUAL for 1891.)

The Mojave Division of the Southern Pacific RR. is held under a contract of purchase and lease dated Aug-
ust 20, 1884, by the terms of which this company agrees to purchase the line \vhen the present mortgage, due in
April, 1905, is paid off, at the price of $30,000 per mile, payable one-sixth part in cash, and the balance in cash or
in 1st mortgage 6 per cent, bonds at par. Until the title is clear, this company leases the road, paying as rental
$436.266 yearly, being $1,800 per mile ; such rental being guaranteed by the Atchison, Topeka and Santa Fe RR.
Co. and the St. Louis and San Francisco Ry. Co.

This road passed under the control of the Atchison by that company's purchase of the capital stock of the
St. Louis and San Francisco Ry. Co. (statement for which see). The Atchison, Topeka and Santa Fe and the St.
Louis and the San Francisco Cos. guaranteed 25 per cent, of gross earnings derived from interchange of traffic
with this road to meet any deficiency in interest on first mortgage bonds, such advances to be treated as a loan,
repayable with interest. On the first of January, 1887, the company made a new issue of 4 per cent, bonds,
principal and interest of which are guaranteed by the Atchison and the San Francisco Companies, as stated
below. (For statement of the relations of the Atlantic and Pacific RR. Co. with the Atchison, Topeka and Santa
Fe RE. Co,, see MANUAL for 1886, page 622.)

Rolling Stock. June 30, 1891 (in use on Western Division).— Locomotive engines, 96. Cars— passenger, 23 ;
baggage, mail, and express, 16 : official, -2 ; freight (box, 119 ; stock, 260 ; gondola coal, 1,244 ; flat, 583 ; caboose,
55 ; line box, 43), 2,304 ; miscellaneous, 205— total cars, 2,550.

POOR'S MANUAL — ATCHISON, TOPEKA AND SANTA FE SYSTEM.

23

General Income Account for the year ending June 30, 1891.

Earnings
iii

Jif
Mai

1998,784 02

2,254,640 95

125.808 29

Express 129,42-2 47

Miscellaneous 20,371 27

Operating and General Expenses $3,230,653 64

Fixed Charges :

Taxes $120,000 00

Rental (Mojave Div.) .... 436,266 00

Rental Track 16,601 64

Rental of Locos, and Cars. 44,656 05

Interest on Bonds 1,109.530 00

Sinking Funds 90,000 00— 1,817,053 69

Gross Earnings $3,253,977 00 I Total Expenses and Fixed Charges. . . . $5,047,707 33

Deficiency after fixed charges, $1,793.730.33. Deduct miscellaneous interest received. $151.91— net deficit
from operation of road, $1,7*3,578.42. Add interest on unfunded debt due A.. T. & S. F. RR. Co., and St. L. &
S F. Ry. Co., $475,392.34— total, $2,268,970.76. Deduct receipts from land grant trustee. $76.323.41. Balance,
deficiency of railroad, §2.192,647.35.

General Balance Sheet, June 30, 1891.

ASSETS.

Cost of Road and Equipment. June 30. 1891 :

Western Division $94.24)7,404 88

Central Division 25.952,412 20-$120,159,817 08

Improvements : Western Div.. $113,364.86 : Central Div.. $394.17 11:3,759 i.-3

Trust Accounts: Mercantile Trust Co., Trustee, $19.129,920: U. S. Trust Co.,

Trustee. $447,704.95 19,577.624 05

Materials and Supplies 159.2HS •'•-

Cash on Hand and deposited to pay Coupons 393,6*5 2-">

Notes Receivable : Arizona Mineral Belt Ry. Co., $25,000 : Prescott and Arizona

Central Ry. Co.. $3.449.63 : ; 28,449 63

Current Accounts : Due from Auxiliary Companies, Agents, and Individuals 474.694

Sundry Suspended Accounts in Adjustment 184*880 87

Income Accounts :

Deficit for year 1890-1891 $2,192,64735

Deficit, June 30, 1890 7,056,135 52— 9,24-3,782 87

Land Department :

Deficit year ending June 30, 1891 69,160 06

Surplus" to June 30, 1890 443,28610— 374,12604 8,874,65683

Total Assets $149,906.327 51

LIABILITIES.

Capital Stock :

Common. Entire Road $78,281,600 00

Pi ef erred, Missouri Division 78,700 00

Central " 1,400,000 00— $79,760,300 00

Funded Debt— Bonds Outstanding (see details below) 38,913,534 00

Securities held in Trust by Mercantile Trust Co.. Trustee :

First Mortgage 6 per cent, bonds of 1910, Western Division 17,140,960 00

" " 1922. Central Division 1.988.96000- 19.129,92000

Due to Atchison, Topeka and Santa Fe RR. Co. in General Account 483,921 66

Due to St. Louis and San Francisco Ry. Co. in General Account 481,299 22

Due to Atchison and Frisco Cos. for interest on Advances 1,791.340 75

Notes payable, held by Atchison & St. Louis & San Francisco Co 8,088,863 24

Current Accounts :

Taxes 20,891 96

Due to Companies, Individuals, etc., in Traffic and Operating Accounts 519,561 85— 540,453 81

Sinking Fund— 2d Mortgage Bonds 33,333 33

Bond Interest :

Coupons past, due, not presented 3,820 00

Due July 1, 1891 352.08000— 355,90000

Accruing Obligations :

Interest on Bonds :

Western Division 110,000 00

Central il 11,89500— 121,89500

Rental Mojave Division 109,066 50

Cancelled Bonds : 2d Mortgage Western Division 6 per cent. Bonds 100.000 00

Total Liabilities $149.906.327 51

The item of $1.791,340.75 due to the Atchison and San Francisco Companies for interest and advances,
although shown in the balance sheet as a liability and charged to income account, is not considered in the
accounts of the Atchison and San Francisco Companies.

The company owns 14.971.114 acres of Innd, value of which is not included in above account.
The authorized share capital of A. & P. RR. Co. is $100,000,000 : par, $100 per share. Of this, $51,503,800
has been conveyed to the St. Louis and San Francisco and the Atchison, Topeka and Santa Fe Cos. in equal
amounts, in consideration of the above mentioned agreement, all of which has been placed in trust for a period of
fifty years from January 1, 1887, but subject to the future action of the directors of the two companies.
Funded debt consisted, June 30, 1891, of —

Western Division : Guarantee trust 4 per cent, gold bonds, due Jan. 1, 1937. interest Jan. & July $16.000,000

2d mortgage 6 per cent, gold bonds, due September 1. 1907. int. March & Sept. . . 5,500.000

Income 6 per cent, bonds, due October 1. 1910. interest April & Oct 12.000,000

Central [Division : Guarantee trust 4 per cent, gold bonds, due Jan. 1, 1937, int. Jan. & July 1.604,000

1st mortgage 6 per cent, gold bonds, due Nov. 1. 1891. int. May & Nov. ! 1.189,905

Land grant 6 per cent, gold bonds, due Nov. 1, 1901. int. May & Nov 796,629

Income 6 per cent, bonds, due June 1. 1922. interest June &"Dec 1,823.000

The guarantee trust 4 per cent, bonds of 1937 are of an authorized issue of $20,000,000 ; principal and interest

24 POOR'S MANUAL — ATCHISON, TOPEKA AND SANTA FE SYSTEM.

taranteed severally, but not jointly, by the " Atchison" and the St. Louie and San Francisco Cos. To retire
7,000 outstanding 1st mortgage 6 per cent. Western Division gold bonds, due July 1, 1910, an equal amount of
ese bonds are reserved. Listed on the New York Stock Exchange.

The Western Division 2d mortgage guaranteed gold bonds are guaranteed in like manner as the trust 4s of
1937. It is provided that after March 1, 1890, not less than $100,000 of these bonds must be redeemed and can-
celled yearly. They may be purchased or drawn on any semi-annual interest day at not exceeding 105 and
accrued interest. Listed on the New York Stock Exchange.

The Western Division income bonds are secured by lien upon the net earnings of the Western Division, after
providing for operating and other expenses. Interest is non-cumulative and not to exceed 3 per cent, in any 6
months. Trustee : Boston Safe Deposit and Trust Company. Interest payable in Boston. Listed on the New
York Stock Exchange.

The Central Division 1st mortgage bonds are secured on road, rolling stock, land grants within 20 miles of
the track on each side, and all 'other property pertaining to the Central Division. These bonds were^paid off at
maturity (November 1, 1891) or exchanged for guarantee trust 4s of 1937, holders exchanging receiving a bonuH of

25 per cent, in cash. Of the latter issue there are now (January 15, 1892) outstanding and listed on the New York
Stock Exchange, $18,773,000.

The Central Division land grant bonds are secured on that portion of the land grant lying between 20 and
40 miles distant on each side from the tracks of the Central Division. Interest is payable at maturity in New
York. Trustees : Charles F. Choate and Frederick L. Ames. Of the amount outstanding as above. $629 is in scrip.

The Central Division income bonds are of an authorized issue of $18,750 per mile. Interest is non-cumula-
tive, payable only if earned, and not to exceed 3 per cent, in any 6 months. Of the amount outstanding as
above, $3,000 is scrip. Interest payable in Boston. Trustee : American Loan and Trust Co., Boston. Listed on
the New York Stock Exchange.

Annual meeting, third Thursday of May, at office of company, New York, N. Y. Transfer books close about
three weeks previous to annual meeting. Stock is entitled to vote when registered. Registrars of stock and
transfer agents, United States Trust Co., New York, N. Y. Listed on New York Stock Exchange : Common
stock, $25,000,000 ; Guaranteed Trust 4 per cent, gold bonds of 1937, $17,562,000 ; and Western Division income
bonds, $10,500,000.

LAND GRANT.— The company has earned under the grant from the government about 20,295,296 acres. Of
this 5,324,181.51 acres have been sold, leaving balance unsold, June 30, 1891, 14,971,114.49 acres. Receipts for year
ending June 30, 1891 : Sales, town lots, $10,056.66 ; royalties, $11,320.62 ; interest, etc., $22,564.46— total, $43.-
941.74. Disbursements : Expenses, $23,612.68 ; taxes, $12,348.46 ; trustee sundry town sites, $817.25 ; payment
of land grant trustee's account interest coupons of first mortgage bonds — Western Division, $76,323.41— total,
$113,101.80. Excess of disbursements, $69,160.06.

Directors (elected December 10, 1891).— Allen Manvel, J. D. Springer, J. A. Williamson, Chicago, 111. ;
Thomas Baring, Cecil Baring, William Libbey, Geo. C. Magoun, J. J. McCook, New York, N. Y. ; Warren Saw-

S;r, Alden Speare, B. P. Cheney, J. W. Reinhart, Boston, Mass. ; Samuel Hays, St. Louis, Mo. George C.
agoun, Chairman of the Board, New York, N. Y. ALLEN MANVBL, President, Chicago, 111. ; J. W. Reinhart,
Vice- Resident and General Auditor, Boston, Mass. ; H. W. Gardiner, Secretary and Treasurer, Boston, Mass.
GENERAL OFFICE, Boston, Mass. Transfer Office, United States Trust Co., New York, N. Y.

GULF COLORADO AND SANTA FE BY.— Lines of Road : Main Line : Galveston, Tex., to Pur-
cell, Ind. Territory, 517.69 miles. Branches : Alvin, Tex-, to Houston, Tex., 25.66 ; Somerville, Tex., to Conroe,
Tex., 73.59 ; Temple, Tex., to San Angelo, Tex., 227.04 ; Coleman Junction to Coleman, Tex., 6.26 ; Cleburne, Tex.,
to Dallas, Tex., 53.33 ; Dallas " Y," Tex., to Paris, Tex., 100.90 ; Ladonia, Tex., to Honey Grove, Tex., 11.80 ;
Cleburne, Tex., to Weatherford, Tex., 41.73 — total, 540.31 miles. Total length of main lines and branches, 1,058
miles. Sidings, etc., 124.26 miles. Gauge, 4 ft. 8£ in. Rail (steel, 818.47 miles), 60 Ibs.

History.— Chartered May 28, 1873. The main line was completed to Breuham, 126 miles, between 1875 and
1880, and the extensions and branches between the latter year and 1888. (See MANUAL for 1891 for particulars.)

The company is entitled to the State land grant of 16 sections (640 acres each) for each mile of road built and
equipped. At the date of this report there were owing by the State 531,500 acres. The company also owns a
large amount of land along the line of its road, and most of the town sites, all of which are yearly increasing in
value.

In May, 1886,jthe Atchison, Topeka and Santa FeRR. Co. secured control of this corporation by an exchange
of stocks, dollar for dollar. • The mileage of this Company's system completed and under construction comprised
1,000 miles, which was purchased by the Atchison Company for $8,000 per mile in Atchison stock, subject to out-
standing bonds at the rate of $17,000 per mile. The total amount of stock outstanding in exchange for which
new Atchison stock has been issued, was $4,540,000 ; and $3.440.000 was placed in escrow with the Farmers' Loan
and Trust Co. of New York, to be delivered after January 1, 1887, in exchange for new stock, which was to be
issued by the Gulf, Colorado and Santa Fe RR. Co., to represent its increased mileage, this later issue making the
entire issue of $8,000,0(>0 and confirming absolutely the ownership of the Gulf lines by the Atchison Company.
Operations are included in those of the Atchison.

Rolling Stock, June 30, 1891.— Locomotive engines, 83. Cars, passenger, 38 ; chair, 4 ; baggage, mail, and
express, 31 ; official, 1 ; pay, 1 ; freight (box, 1.178 £ stock, 200 ; coal, 150 ; flat, 704 ; caboose, 67), 2,300 ; other, 45
—total cars, 2,420.

Directors (elected March 3, 1891).— Geo. C. Magoun (Chairman], John J. McCook, New York, N. Y. ; A.
Manvel, Chicago, 111.; Geo. Sealy, R. S. Willis, T. W. Terry, Thomas W. Jackson, Galveston, Tex. ALLEN MAN-
VEL. President, Chicago, 111. ; J. W. Reinhart, Vice-President and General Auditor, Boston, Mass. ; John M.
Bird, Secretary and Treasurer, Galveston, Tex. PRINCIPAL OFFICE AND ADDRESS, Galveston, Tex.

KANSAS CITY BELT RAILWAY.— Argentine, Kan., to Washington Park, Mo., 9.97 miles. 2d
track, 6.23 ; sidings, 26.24 miles. Rail— iron, 56 ; steel (35.17 miles), 60 Ibs. Consolidation, March 13, 1886, of the
Kansas City Belt Ry. Co. of Missouri and the Kansas City Belt RR. Co. of Kansas. (See MANUAL for 1891, p. 263.1
The property is owned one-half by the Kansas City, Topeka and Western RR. Co. (Atchison Company). Tin
company owns 7 locomotives and 20 platform freight cars.

Income Account for year ending June 30, 1891.— Earnings from freight, $111,898.25. Operating e.\i
892,324.38. Net earnings, $19,573.87: add rental of track privileges, $95.371.24— total net revenue. $114,945.11.
Payments : Interest on bonds, $115,200 ; on debt, $987.71 ; taxes, $10,479.55— total, $126,667.26. Balance, deficit.
$11,722.15. Surplus from 1890, $46.721.06. Surplus, as per balance sheet, $34,998.91.

General Balance Sheet, June 30, 1891.— Capital stock ($2.500,000 authorized ; $100 shares), $100,000 ; funded
debt, 1st mortgage 6 per cent. 30-year $1,000 coupon bonds, dated July 1, 1886, interest payable January and July
($2,500,000 authorized), $1,930,000 ; current accounts, $30,676.53 ; interest on bonds accrued, $58,260 ; accrued
taxes, $4,800 ; profit and loss, $34,998.91— total, $2,158,735.44. Contra : Cost of road, 81,878,997.22 ; cost of rolling
stock, $58,892.74 : materials and fuel, S5.255.18 ; current accounts, $56.128.56 ; cash,'$65,461. 74— total, $2.158,735.44.

Annual meeting, second Tuesday in May, at Kansas City, Mo. Trustee of bonds, New England Trust Co.,
Boston, Mass.

Directors (elected May 12, 1891).— George H. Nettleton. Wallace Pratt, W. J. Ferry, Kansas City. Mo.; A. J.
Earling, Milwaukee, Wis.; A. A. Robinson, Edward Wilder, Topeka, Kan.; J. D. Springer, Chicago, 111. GEORGE
H. NETTLETON, President; W. J. Ferry, Secretary, Kansas City, Mo. ; Edward Wilder, Treasurer, Topeka, Kan.;
C. C. Ripley, Auditor, Kansas City, Mo. GENERAL OFFICE, Kansas City, Mo.

POOR'S MANUAL — ATCHISON, TOPEKA AND SANTA FE SYSTEM. 25

ST LOUIS, KANSAS CITY AND COLORADO RR. (The).— North Line Forest, Park St.,

•ins. Mo., to Union. Mo.. .v>.2 mil.-s : /!/;/>/,',;/'/ .^rii.r/s /iranc/i: Benson, Mo., to Dripping Springs, Mo..

.t;il owned, 5<;.«i miles. Trackage : \Yahu.«h Jiy. : Union Depot, St. Louis*, Mo., to Nortli Line Forest, St.

Mo. total h-rigth of all linos operated, 61.4 miles. Sidings, 6.05 miles ; steel rails, 64.95 mile*, (-iau^e.

- in. Chartered l)i-riTiii>rr •> St. Louis, Kansas City and Colorado RR. Co." Charier amended
and filed in State of Kansa-. Auuu-t -Y.. INS?, (.-hanging name to "The St. Louis, Kansas City and Colorado RR.

Uoad controlled by the Atcl'ison Co.
RM\n<i ^tock. .June :'>". 1891.— Locomotive engines, 3. Cars— freight (flat), 52.

, .,,(, year ending June 80, 1891.— Passenger, $32,954.05 ; freight, $42,150.12; mail,

:.34: express. £2.313.14: miscellaneons, 8267.95— total, $80.236.»>0. Operating expenses, £102,949.92. Net

• :• m operations, S2-2.T18.32. Paj'ments : Interest on bonds, $82,860 ; rental of track, $30,000 ; rental, rolling
k, $9,690.57; taxes, §3,390.33; interest on advances, $81,315.48— total, $207,256.38. Total deficit for year,

>:».70.

nil Balance Sheet, June 30, 1891.— Capital stock, $1.600,000 ; 1st iportgage 6 per cent, bonds, $1,381,000 ;
due A. T.. & S. F. RR. Co.. in current account, $1-548,411.11 ; interest on bonds (all owned by Atchison Co.),
••"> : due sundry companies, individuals, etc., $15,036.21 : taxes accrued, not due. $1,778.82 ; insurance, $186.30
—total ^4 622 367.44. Contra • Cost of road and property, $3.851,886.31 ; materials aud fuel, $5,814 : due from
A.. T. & S. F. RR. Co. for e'xpress earnings, $1,405.36 ; accounts receivable, $7,196.34 ; cash, $3.229.93 ; income
account, $752,835.50— total, $4.622,367.44.

Director* (elected July 15, 1891).— Geo. C. Magoun. J. J. McCook, New York. N. Y. ; S. F. Hayden,Ft.

Scott, Kan. ; A. Manvel, Chicago, 111. ; C. H. Osbun. Fort Scott, Kan. ; Daniel Crosby, Guilford Dudley. Topeka,

Kan. : John C. Carpenter, T. C. Jones Chanute. Kan. A. MANVEL, President, Chicago, 111. ; J. W. Reinhart,

tent, Boston, Mass. ; E. Wilder, Secretary and Treasurer, Topeka, Kan. ; A. Douglas, Auditor, St.

Louis. Mo. PRINCIPAL OFFICE AND ADDRESS. St. Louis. Mo.

SONORA RAILWAY SYSTEM.— This system comprises the lines of New Mexico and Arizona RR.
Co.. 87.78 miles, and the Senora Ry. Co. ,262.41 miles, forming a through line from Benson, Ariz., on the Southern
Pacific RR. to Gnaymas, on Gulf o"f California. State of Sonora, Mexico— total length, 350.19 miles. Sidings. 13.05:
steel rails. 275.66 miles. These lines were built and opened in 1882. (See MANUAL for 1891.) Control of this
system was acquired by the Atchison Company at the time of its constrnction, by the purchase of the entire capital
stock of the Sonora Ry. Co., amountingto $5,248,000, at a cost of $2,624,000, the Atchison also guaranteeing interest
on its bonds. The cost of constructing the New Mexico and Arizona was advanced by the Atchison Company.
(See statement of Sonora RR. Co.)

Rolling Stock, June 30, 1891.— Locomotive engines, 17. Cars— passenger, 11 ; pay, 1 ; official, 1 ; freight
<box. 72 ; stock, 9 ; flat, 202), 283 ; pile driver, 1 ; boardirig,.2— total cars, 298.
Operations, etc. — Included in those of the Atchison on page 15.

Directors (elected April 20. 1891).— A. Manvel, Chicago, 111. ; B. P. Cheney, G. L. Goodwin. O. W. Peabody,
Warren Sawyer, Alden Speare, J. P. Whitehead, Boston, Mass. ; G. C. Mftgotm, J. J. McCook, William Libbey,
New York. N. Y. : R. R. Symon. London, Eng. : David Fergusson. Sebastian Camacho. Mexico. Government
Directors : Francisco H. Garcia, Jose Julian Gutierrez, Boston, Mass. ALLEN MANVEL. President, Chicago, 111. :
J. W. Reinhart, Vice- President and Auditor ; L. C. Deming, Secretary ; Geo. L. Goodwin. Treasurer, Boston,
Mass. PKINCIPAL OFFICE, Boston, Mass.

SOUTHERN CALIFORNIA RY.-Lines of road : California Southern Division : Barstow. Cal., to
National City, Cal.. 210.61 miles. California Central DiWsion: San Bernardino. Cal., to Los Angeles. Cal.,
«2 ; Los Angeles to Los Angeles Junction, Cal., 83.10 ; East Riverside, Cal.. to Orange, Cal.. 40.68 ; Perris, Cal.,
to San Jacinto, Cal., 19.38 : Escondido Junction, Cal., to Escondido, Cal., 21.23 : San Bernardino. Cal.. to Men-
tone, Cal., 12.5 : Ballona Junction. Cal.. to Port Ballona. Cal.. 15.05— total. 253.94 miles. Redondo Beach Di.ri-
xion •; Inglewood, Cal., to Redondo Beach. Cal., 10.81. Total length of all lines, June 30,1891, 475.36 miles.
Sidines, 82.9 miles. Gauge, 4 ft. 8£ in. Rail (steel, 558.26 miles). 40. 50, 52, and 61 Ibs.

History.— Consolidation, November, 1889, of the California Central Ry., the California Southern RR.. and the
Redondo Beach Cos. (For full history of these companies see MANUAL for 1889, pp. 883-885.) In the consolida-
tion provision was made for an issue of $16,935.000, including $8,000,000 6 per cent, non-cumulative preferred
stock, $6.074.000 of the latter class being issued share for share for the stock of the California Southern, and the
balance of it reserved to provide for future improvements or additions to the property and equipment. The "net
•earnings are applied : First— To pay interest and sinking fund of the California Southern first mortgage fe, re-
quiring $149,860. Second — To pay interest on the first mortgage 6 per cent, bonds to the extent of "$10.000 per
mile of the California Central and Redondo Beach roads, requiring $161,460. Third— To pay interest on the in-
come bonds of the California Southern, $210,000, and interest, on the remaining $15.000 per mile of the first mort-
gage 6s of the California Central and Redondo roads. $242.360 : should the balance of net earnings be insufficient
to pay these amounts in full, the available balance to be pro-rated between them. Fourth — To payment required
for the sinking funds of the first mortgage bonds of the California Central and Redondo Beach companies, and
for the sinking fund of the income bonds of the California Southern. Fifth— The payment of 6 per cent, interest
on the preferred stock.

Rolling Stock, June 30, 1891.— Locomotive engines. 21. Cars— passenger, 9 ; baggage, mail, and express, 10 ;
official. 1 ; freight (box, 43 ; coal, 30 : flat, 100). 173 ; other, 129— total cars, 322.

Operations, etc. — Included in those of the Atchison, on p. 15.

Directors (elected May 14, 1891).— Geo. C. Magoun. John J. McCook, New York, N. Y.; A. Manvel, Chicaeo,
111.; B. Kimball, Boston, Mass.; Bryant Howard. A. K. Lawrie. San Diego. Cal.; G. H. Bonebrake, R. Egan, H.
W. Hellman, Los Angeles, Cal.; H. L. Drew. J. N. Victor, San Bernardino, Cal.

ALLEN MANVEL. President, Chicago, 111.; J. W. Reinhart, Vice- President and General Auditor ; L. C.
Deming, Secretary, Boston, Mass.; F. 3. Pattee, Treasurer and Assistant Secretary, Los Angeles, Cal.

(For statements of lines owned jointly see General Index.)

COMPANIES OTHER THAN RAILROAD COMPANIES IN WHICH THE ATCHISON HAS A

PROPRIETARY INTEREST.

ARKANSAS VALLEY ELEVATOR CO.— Property owned by Atchison Company. No income.
Property leased and operated by lessee ; rental contingent on net earnings. General Balance Sheet, June 30,
1891.— Capital stock. $97,500 ; Atchison. Topeka and Santa Fe RR. Co.. $16,412.82— total, $113,912.82. Contra •
Cost of property, $97,997.07 ; profit and loss, $15.915.75— total, $113,912.82.

ATCHISON CITY ELEVATOR CO.— The Atchison owns .564 of this property. Earnings for

year ending June 30, 1891.— From storage, $6.612.40 ; sales of grain, $805.59: screenings, $167.15 ; sale of cobs,

&S8-total, $7,813.14. Operating expenses, $6.808.32. Net earnings. $1,004.82. General Balance Sheet. June 30,

891.— Capital stock, $50.000 ; income account, $7,217.93— total, $57,217.93. Contra: Cost of propertv, $54,393.98 ;

cash, $2.823. 95— total, $57.217.93.

CANON CITY COAL.— Property owned by the Pueblo and Arkansas Valley RR. Co. (Atchison).— Gross
earnings year ending June 30, 1891.— From coal sales, $553,394.09. Mining expenses, $457,791.39. Net earnings,

26 POOR'S MANUAL — ATCHISON, TOPEKA AND SANTA FE SYSTEM.

$95,602.70. Add other receipts, $24,706.54— total available revenue, $120,309.24. Payments: Taxes, $3.300;
interest on advances, $28,080.80 ; royalty, $962.68 ; sinking fund, $65.000 ; dividend, $25.500— total, $122.843.48.
Balance, deficit, $2,534.24. General Balance Sheet, June 30, 1891.— Capital stock, $425,000 ; due P. & A. V. RR.
Co. for advances, $433,000 ; accounts payable, $35,280.90 ; profit on investments, $20.623.87 : sinking fund,
$120,000 ; surplus, June 30, 1891, $365.42— total, $1,034,269.69. Contra : Cost of road and equipment, $979.855.-
36 ; material and stores, $18,438.66 ; unadjusted insurance, $4,000.20 ; accounts receivable, $15,196 12 • Atchison
T. & S. Fe RR. Co., cash account, $2,730.91 ; coal sold, $18,330.47 ; cash, $487.35 ; coal on hand, $245.152— total,
$1,034,269.69.

CHEROKEE AND PITTSBURGH COAL AND MINING CO.— Owned by the Southern Kansas
Ry. Co. (Atchison). Earnings for year ending June 30, 1891.— Coal sales, $552,223.72. Mining expenses. $431,-
705.64. Net earnings, $120,518.08. Add other receipts, $39,464.63-total revenue, $159,982.71. Payments : Taxes,
$2,339.90; interest on advances, $6,057.57; sinking fund, $111,798.63; dividends (Nos. 3 and 4), $32,000— total,
$152,196.10. Surplus for year, $7,786.61.

General Balance Sheet, June 30, 1891.— Capital stock, $200,000 ; due for advances, $30,000 ; accounts payable,
$55,378.32 ; income account, $13,665.67 ; sinking fund, $304,976.38— total, $604,020.37. Contra: Cost of property
and equipment, $475,982.37 ; material and stores. $10,830.87 ; real estate, $50,662.07 ; unadjusted insurance, $3,
333.40; Atchison Company, cash account, $2,693.86; due from agents, etc., $19,859.36 ; coal sold, $37,621.49 ;
cash, $3,036.95— total, $604,020.37.

OSAGrE CARBON CO.— Owned by the Atchison Co. Earnings for year ending June 30, 1891.— From coal
eales, $455,255.61. Mining expenses, $408,336.33. Net earnings from mining, $46,919.28. Add other receipts,
$12,287.09 ; interest on bonds and deposits, profit from investment of sinking fund, $52,541.96— total revenue
$111,748.33. Payments : Taxes, $4,427.67 ; interest on .first mortgage bonds, $14,746.67; sinking fund, $39,400;
premium on bonds purchased for sinking fund and expenses of trust, $21,099.29 ; dividends, $30,000— total, $109,-
673.63. Balance, surplus for year, $2,074.70.

General Balance Sheet, June 30. 1891.— Capital stock, $300,000 ; funded debt (1st mortgage 1888 bonds), $144,-
000; accounts payable, $27,485.66; sinking fund, $238,000; income account, $2,081. 80— total, $711,567.46.
Contra: Cost of property and equipment, $616,210.12; trustees 1st mortgage bonds, $15,204.65 ; materials and
supplies, $5,847.33 ; accounts in process of adjustment, $1,111 ; A., T. & S. Fe RR. Co., cash account, $47,239.65 ;
due from agents, etc., $3,082.31 ; coal sales, $17,024.33 ; cash, $835.31 ; coal, $5,012.76— total, $711,567.46.

RATON COAL AND COKE CO.— The Atchison's interest in this company is one-half. Earnings for
year ending June 30, 1891.— From coal sales, $375,519.68. Mining expenses, $270.663.12. Net earnings from
mining, $104,856.56. Add other receipts, $7,637.93— total revenue, $112,494.49. Payments : Taxes. $496.84 ;
interest on A., T. & S. Fe advances, $197.15 ; sinking fund, $30,000 ; dividend, $60,000— total. $90,693.99. Sur-
plus for year, $21.800.50.

General Balance Sheet, June 30, 1891.— Capital stock, $1,000.000 ; Raton Hospital fund, $681.57 : accounts
payable, $67,204.86 ; income account, $28,145.63 ; sinking fund, $200,000— total, $1,296,032.06. Contra: Cost of
road and property, $1,201,670.49 ; material and stores, $3,316.39 ; unadjusted insurance, $1,375.20; A., T. &
S. F. RR. Co., cash account, $49,574.60 ; due from agents, companies, individuals, etc., $1,385.53 ; coal and coke
sold, $36,102.29 ; cash in bank, $2,607.56— total, $1,296,032.06.

SAN PEDRO COAL AND COKE CO.— Owned by the Atchison Co. Earnings for year ending June
30, 1891.— From sales of coal, $245,844.46. General expenses, $142.407.18. Net earnings, $103.437.28. Add other
receipts, $5,555.03— total revenue, $108,992.31. Charges : Taxes, $695.39 ; interest on advances, $53.57 : sinking
fund, $45,000 ; dividends, $58,000— total, $103,748.96. Surplus for year, $5,243.35.

General Balance Sheet. June 30, 1891.— Capital stock, $40,000 ; San Pedro Hospital fund, $1,027.61 : accounts
payable, $56,298.68; income account, $6,138.32; sinking fund, $340,000— total, $443,464.61. Contra: Cost of
property and equipment, $341,808.89 ; materials and supplies, $4,698.20 ; unadjusted insurance, $2,083 ; A., T. £
S. Fe RR. Co., cash account, $88,624,12 ; clue from agents, etc., $5,164.96 ; coal sales, $242.04 ; stock on hand,
$843.40— total, $443,464.61.

SCANDINAVIAN COAL AND MINING CO.— One-half of this property owned by the Atchison
Co. Earnings for year ending June 30, 1891.— Coal sold, $26,181.02. Mining expenses, $26.158.54. Surplus for
year, $22.48. General Balance SJieet, June 30, 1891.— Capital stock, $2,000 ; income account, $585.97; special
surplus, $12,839.69— total, $15,425.66. Contra: Real estate, $9,865.03 ; equipment account, $3,093.48 ; due from
agents, $1,146.53 ; cash, $1,320.62— total, $15,425.66.

TRINIDAD COAL AND COKING CO.— This property is owned by the Pueblo and Arkansas Valley
RR. Co. (Atchison Co.).— Earnings for year ending June 30, 1891.— Sales (coal, $233,177.47 ; coke, $134,488.91),
$367,666.38. General expenses, $284,849.58. Net earnings from production, $82,816.80. Add other receipts, $3,-
666.96— total revenue, $86,483.76. Charges: Taxes, $1,173.22 ; interest on bonds, $6,000; sinking fund account,
$57,500 ; interest on advances by A., T. & S. Fe RR. Co., $461.58 ; dividends, $19,500— total, $84,634.80. Balance,
surplus, $1,848.96.

General Balance Sheet, June 30, 1891.— Capital stock, $162.500 ; 1st mortgage bonds, $100,000 ; due A., T. &
S. Fe RR. Co., $24,000 ; due agents, etc., $27,311.43 ; accruing obligations, not yet due, $1.550; income account.
$2,321.37; sinking fund. $155.000— total, $472,682.80. Contra: Cost of property and equipment, $350,212.07;
materials and supplies, $5.668.95 ; accounts affecting construction in process of adjustment, $34.052.20; unad-
justed insurance, $854 ; Atchison Company, cash account, $4,565.55 ; due from companies, etc., $42,213.95 ; coal
sold, $25,777.18 ; coal and coke on hand, $9,338.90— total, $472,682.80.

Board of Directors, A., T. & Santa Fe RE. Co., elected October 29, 1891.
GEO. C. MAGOUN, Chairman of the Board, New York, N. Y.

Edwin H. Abbot Boston, Mass. I Warren Sawyer Boston. Mass.

Allen Manvel Chicago, 111.

Thomas Baring.. .New York, N. Y.

Wm. Libbey

John J. McCook.. " "

B. P. Cheney " " | C. K. Holliday Topeka. Kan .

Oliver W. Peabody ... li " I E. B. Pnrcell Manhattan. KHII.

AldenSpeare " " | L. S every Reading. K.-m.

A. MANVEL, President Chicago, II!.

J. W. Reinhart, 1st Vice-President and General Auditor Boston, Mass.

A. A. Robinson, 2d Vice- President and General Manager Topeka, Kan.

J. D. Springer, 3(Z Vice- President Chicago, 111.

Secretary and Treasurer— Edw. Wilder.. Topeka, Kan. | Comptroller— John P. Whitehead Boston, Mass.

PRINCIPAL OFFICP: Topeka, Kan.

Financial Office 95 Milk Street, Boston, Mass.

Branch Office . . Chicago, III.

POOR'S MANUAL — ATCHISON, TOPEKA AND SANTA FE SYSTEM. 27

ATCHISON, TOPEKA AND SANTA FE SYSTEM.— COLORADO MIDLAND

RAILWAY.

Main Line of Road.— Colorado Springs, Col., to New Castle, Col 233.91 miles.

it Branch : Aspen Junction to Aspen, Col 18.40

Spring Gulch Branch : Cardiff to Spring Gulch, Col 15.00— 33.40 miles.

( Atch., Top. & Santa Fe lift.: Terminals at Colorado Springs, Col. . 0.45 mile.

I Aspen Short Line Ry.: Snowden to Arkansas Junction, Col 6.60 miles.

Leased : \ Denver and Rio Grande RR.: New Castle to Rifle, Col 13.41 miles.

Rio Grande Junction RR.: Rifle to Grand Junction, Col 62.08 miles.

I Dancer and Rio Grande RR.: Terminals at Grand Junction. Col. . 0.57 mile.

Total length of lines owned and leased, June 30, 1891 350.42 miles.

Average length of lines operated during the year 326.94 miles.

Sidings, 59.47 miles. Gauge, 4 ft. 84- in. Rail (steel), 56, 60, and 65 Ibs.

History. — Chartered November 23, 1883 ; road opened throughout, October 15, 1888
Road opened to Grand Junction via the Rio Grande Junction RR. on November 16, 1890.

The Aspen Short Line Ry. was opened in January, 1889, and leased to this company.
The Rio Grande Junction RR. is leased jointly by this company and the Denver and Rio
Grande RR. Co.

The Busk Tunnel Ry. (under construction, from Busk to Ivanhoe, Col., 1.76 mile?, to be
completed April 1, 1892) is leased to this company, which guarantees principal and interest
of $1,500,000 1st mortgage 7 per cent. 45-year gold bonds, payable July 1, 1935. These bonds
.are redeemable before maturity at 105 ; trustee, Continental Trust Co., New York, N. Y.

This company is controlled by the Atchison, Topeka and Santa Fe RR. Co., by owner-
ship of the entire capital stock.

Rolling: Stock, June 30, 1891. — Locomotive engines, 51. Cars — passenger, 26 ; baggage,
mail, and express, 16 ; freight (box, 525 ; stock, 25 ; coal, 531 ; flat, 260 ; caboose, 24), 1,365.
other, 8 — total cars, 1,415. Of the equipment, 26 locomotives, 17 passenger, 10 baggage, etc.;
350 box, 25 stock, 50 platform, 415 coal, 8 caboose, and 1 other car were acquired through car
trust.

Operations for year ending June 30, 1891. — Train mileage — passenger, 348,047 ; freight,
719,291: other, 44,030— total, 1,111,368 miles. Passengers carried, 147,989; carried one
mile, 8,245:236 ; average mile rate, 3.569 cents. Tons freight moved, 478,590; moved one
mile, 61,734,951 ; average ton-mile rate, 2.579 cents.

Earnings.— Passenger $294,231 52 ! Expenses.— Transport, and Motive Power. . $748,895 55

Freight 1,591,926 50 Maintenance of Cars 232..S53 45

Mail and Express 57,718 88 Maintenance Way & Buildings 313.013 10

Miscellaneous 24,38963 General 92.13704

Total (§6,020.27 per mile) $1,968,266 53 I Total ($4,242.06 per mile) $1.386.899 15

Net earnings (29.54 per cent.), $581,367.38. Payments: Interest on bonds (1st mortgage,
$375,000 ; consolidated mortgage, $80,733.33 ; equipment bonds, 1st series, $33,833.33 ;
equipment bonds, series B, $12,900 ; collateral trust notes, $19,833.33), $522,299.99 ; interest
and discount, $5,916.95 ; rentals, $54,461.53 ; taxes, $76,248.04— total, $658,926.51. Balance,
deficit, $77,559.13. Deduct for cancellation of accumulated interest on 2d and 3d mortgage
bonds charged in foregoing interest payment, $16,095. Net deficit, $61,464.13. Deficit from
last year, $95,173.74. Total deficit, as per general balance sheet, $156,637.87.

General Balance Sheet, June 30, 1891.

Cost of Eoad $17,632,947 36 j Capital Stock (par, $100) $8,000,000 Oo

Cost of Rolling Stock 1,733,279 72 j Mortgage Bonds 10.265.000 00

Securities Owned 26,900 00 \ Equipment Bonds 66800000

Materials and Fuel on Hand 162,633 10 • Collateral Trust Notes 200,000 00

Bills and Accounts Receivable 387,838 43 ' Bills Payable 528^007 13

Cash on Hand 11,465 92 Current Accounts 450,695 27

Income Account 156,637 87

Total Assets £20.111,70240! Total Liabilities $20,111.70-240

28 POOR'S MANUAL — ATCHISON, TOPEKA AND SANTA FE SYSTEM.

Funded debt outstanding consisted June 30, 1891, of the following :

1st mtg. 6 p. c. 50-yr. $1,000 gold coup, bds., dated June 1, 1886, int. June and Dec. (auth. $6,250,000) .. $6,250.000
Consol. mtg. 4 p. c. 50-yr. $1,000 gold bds., dared Feb. 1, 1890, int. Feb. and Aug. (auth. $6,000,000) .. . . 4,015,000

Equip, mtg. T p. c. 10-yr. $1,000 coup, bds., dated March 1, 1888, int. March and Sept. (auth. $500,000). . 453,000
Equip, mtg. 6 p. c. 10-yr. $1,000 coup, bds., dated Jan. 1, 1890, int. Jan. and July (auth. $500,000) . ... . . 215,000

Coll. Trust Notes, 7 p. c. 3-yr. $1,000 coup, bds., dated May 1, 1S89, int. May and November 200,000

The first mortgage bonds are secured on the main line and the Aspen branch. These
bonds are coupon with registration privilege ; interest payable at Trustee's office, Central
Trust Co., New York City. Listed on the New York Stock Exchange.

The consols are secured on the entire railroad, including coal branches. They are coupon
bonds with privilege of registration of principal ; interest payable in gold, February and
August, at the office of the Trustee, Central Trust Co., New York, N. Y. A sufficient
amount of these bonds is held for retirement, at the rate of 100 for 75 of the collateral trust
notes, and $110,000 Aspen Short Line bonds, which latter the railroad has the privilege of
redeeming at par ; and the balance is reserved for improvements and for extensions of
branches and spurs, but not of main line. These bonds are guaranteed by the Atchison,
Topeka and Santa Fe RR. Co. Listed on the New York Stock Exchange.

Both issues of equipment trust bonds are redeemable by sinking funds at 105, and are to
be paid at maturity at same rate. Interest on these bonds, as also on the collateral trust
notes, is payable at office of S. S. Sands & Co., New York, N. Y.

Annual meeting, first Monday in October, at Colorado Springs, Col. ; transfer books close
not more than twenty nor less than ten days previously. Trustee of 1st and consolidated
mortgages, and registrar of stock, Central Trust Co., New York City. Trustee of equipment
bonds, B. A. Sands and C. H. Woodruff.

ASPEN SHOUT LINE RAILWAY.— Crystal Lake to Arkansas Junction, Col., 6.6 miles. Gauge,
4 ft. 8k in. Steel rail. Road opened January, 1889. Leased to the Colorado Midland Ry. Co., at an annual rental
•of $8,800. Bonded debt, $110,000.

Board of Directors, Colorado Midland Ey. Co., elected October 5, 1891.
GEORGE C. MAGOUN. Chairman of the Board New York, N. Y. *

Cecil Baring New York, N. Y. I John J. McCook. . .New York, N. Y.

Thomas Baring. .. " George C. Magoun. " "

William Libbey... " " J, R. Busk

Allen Manvel .

J. B. Wheeler New York, N. Y.

B. P. Cheney Boston, Mas.-.

J. W. Reinhart...

. . Chicago, 111. | J. J. Hagerman Colorado Springs, Col.

ALLEN MANVEL, President Chicago, III.

J. W. Reinhart, Vice- President Boston, Mass.

'Treasurer— C. E. Noble .Colorado Springs, Col. | Sec. & Auditor— E. W. Sells Colorado Springe, Col.

PRINCIPAL OFFICE AND ADDBESS Colorado Springs, Col.

Eastern and Transfer Office .10 Wall St. , New York, N. Y.

ATCHISON, TOPEKA AND SANTA FE SYSTEM.— ST. LOUIS AND SAN

FRANCISCO RAILWAY.

Main Line of Road.— St. Louis, Mo., to Seneca, Mo 326. 28 miles.

Kansas Division : Pierce City, Mo., to Wichita, Kan 217.40 miles.

Texas Division : Monett, Mo., to Paris, Tex., not iucl. Ft. Smith & Van Bridge 302.73 miles.

Bolivar Branch : Springfield, Mo., to Bolivar, Mo 38.79 miles.

WJiite River Branch : Springfield, Mo., to Chad wick, Mo 34.86 miles.

Springfield Belt Line 3.18 miles.

Joplin Branch : Oronogo, Mo., to Joplin, Mo 9.32 miles.

Wier City Branch : Pittsburgh, Kan., to Wier City, Kan 8.81 miles.

Galena Branch : Girard, Kan., to Galena, Kan 46.43 miles.

St. Paul Branch : Fayetteville, Ark., to St. Paul, Ark 33.29 miles.

Mansfidd Branch : Jansen, Ark., to Mansfield, Ark 18.34 miles.

Granby Branch : (1.5) ; Carbon Branch : (3.25) 4. 75 mjles.

.. f St. Louis, Salem and Arkansas RR. and branches (see page 33).. 54.00
*ig | Kansas City and Southwestern RR. (nee page 33) 61 . 86

3 •{ St. Louis, Kansas and Southwestern RR. and branch (see page 33) 59 . 35

^ | Kansas Midland Ry. (see statement on page 33) 107 . 20

[_ Fort Smith and Van Buren Bridge 0 . 34— 282.75 miles.

Total St. Louis and San Francisco Ry. proper. 1,326.93 miles.

POOR'S MANUAL — ATCHISON, TOPEKA AND SANTA FE SYSTEM.

29

OWNED JOINTLY.

Atlantic xnd I'.n-ifu- Ry. : Western Division (834.79) ; Central Division (112.05) 946.84 miles.
Wichita and ]\'t.«tt r/t By. : Wichita, Kan., to MuJlinville, Kau 124.65 miles.

1,071.49 miles.

~>.75 miles.

Total owned joint 1 v

Of which credited *to St. L. & S. F. Ky. Co

Total length of all lines, St. Louis and San Francisco Ry. system 1,862.68 miles.

Average mileage operated, year ending June 30. 1891 1.859 65 miles.

lings, 202.05 miles. Gauge, 4 ft. 8* in. Rail (steel, 1,274.86 m.), 52, 56, 60, 67 Ibs.
History. — This company was organized September 20, 1876, to take over the Atlantic
Pacific RR. in Missouri, which was sold under foreclosure September 8, 1876. (See

L for 1885, page 802.)

The company is equally interested with the Atcliison, Topeka and Santa Fe Railroad
jpany in the Atlantic and Pacific Railroad Company. (See statement for the Atchison.)
This company is controlled by the Atchison, Topeka and Santa Fe RR. Co., which in
ly, 1890, purchased the common and preferred stock (but not the first preferred) of the St.
Louis and San Francisco Co., issuing for that purpose $27,000,000 new stock, or at the rate
of one and three-eighth shares of Atchisou for one share of San Francisco preferred, and
three-quarters of one share of Atchison for one share of San Francisco common. (See MAN-
UAL for 1891.)

Rolling Stock, June 30, 1891.— Locomotive engines, 170. Car?— coaches, 1st class, 23 ;
2d class, 27), 50 ; chair, 7 ; coach and mail, 11 : coach and baggage. 7 ; coach, mail, and bag-
gage, 7 ; baggage and express, 24 ; official, 2 ; pay, 1 ; postal, 7 ; express, 3 ; one-half inter-
est in 7 Pullman sleeping ; freight (box, 2,191 ; stock, 984 ; gondola coal, 1,473 ; flat, 23 ;.
caboose, 95 ; furniture, 1 ; refrigerator, 50 ; short mining, 60), 4,877 ; derrick, 3 ; pile-driver,
1 ; boarding, 4 ; water, 2 ; wrecking, 1 ; cinder, 160 — total cars, 5,174.

Comparative statement of operations for two fiscal years, ending June 30 :

1890 1891

I

1890 1881

Average Mileage Operated
Train Mileage — Passenger
freight
Mixed

1,855.37 , 1,859.65 I
2,234.066; 2,513,630
3,788;833I 4,182.839
1-20,053 254.078

Expenses. — Transportation
Road & Structures
Equipment

$ $
2,621,555 41 3,092,349 87
1,106,788 13 1.241,452 15
775,873 73 885.361 25

Other

485.411 781,505

General.

244 857 68 ; 291 376 08

Total Train Mileage
Passengers Carried
Passengers Carried One Mile . .
Tons Freight Moved . . .

6.628.363 7.732.052
1.351.000 1,490.635
69,301,674, 75,883,848
2,013,997 2,133,259

Total Expenses
Net Earnings
Gross Earnings per Mile
Operating Expenses per Mile

4.749.074 95* 5.510,539 35
3,120.230 99; 2.923:176 28
4,241 37! 4.535 08
2,559 64 2,963 20

Tons Freight Moved One Mile

Earnings. — Passenger
Freight
Mail and Express.
Other

463,294,099 455.566,915
8 8
1,605.491 28 1,832,719 99
5,688,674 76 5.821.133 31
392,240 07 429,188 38
182,899 83i 350,673 95

Net Earnings per Mile
Expenses to Earnings
Average Rate p. Pass. p. Mile.
Average Rate p. Ton p. Mile. .

1,681 73: 1.571 88
60. 35 p. c. 65. 34 p. c.
2.317c. 2.415c.
1.228C. 1.278C.

Total Earnings.

7 869 305 94 8,433.715 63

Income Account for year ending June 30, 1891.

Gross Earnings $6,748,508 08

Other Income 72.92606

Balance. June 30, 1891 . . . 99.344 14

Total $6,920,778 28

Operating and General Expenses $3,840,858 56

Improvements 198,03883

Taxes 181,61206

Interest on Bonds 1,761,208 33

Interest on Bonds as Rentals 22.9,875 00

Other Interest and Discount 239,395 60

Sinking Fund. 187,234 18

Rentals of Tracks and Terminal* 132,966 64

Rental of Locomotives and Cars 2,84834

Equipment 146,740 74

Total $6,920,77828.

30

POOR'S MANUAL — ATCHISON, TOPEKA AND SANTA FE SYSTEM.

Memorandum Income Account (including this company's proportion of Atlantic and
Pacific RR. Cos. operations and charges) for the year ending June 30, 1891 :

Deficit St. L. & S. F. Ry. Co. for the year, as above $99,344 14

Add, Advances to Atlantic and Pacific RR. Co., as follows :

Account its 4 per cent. Guaranteed Bonds Interest $121,959 86

Account its 2d Mtge 6 per cent. Bonds Interest, one-half * 168,000 00

Account its Central Division 1st Mtge. Bonds Interest, one-half t 35,730 00

Account its Mojave Division Rental, one-half 218,133 00

Account its Western Division Taxes, one-half 50,00000

Account its Western Division 2d Mtge. Bond S. F., one-half 45,000 00

Account its Central Division Operating Deficiency, one-half 11,305 77 — 650,128 63

Total Deficit, St. L. & S. F. Ry. Co $749,472 77

Included in Charges against St. L. & S. F. Ry. Co. Income Account are the following
items, which will be provided for out of capital furnished by the issue of New Con-
solidated Mortgage Bonds, or thereby eliminated, viz. :

Improvements $198,038 83

Interest, and Discount ... . 239,395 60

Sinking Funds 187,234 18

Equipment 146,74074

Rental of Locomotives and Cars 2,848 34— $774,257 69

Deduct Total Deficit shown above 749,472 77

Remains above all charges $24,784 92

* The acquisition of these bonds by the St. L. & S. F. Ry. Co. reduces this annual charge,
t The refunding of these 6 per cent, bonds by the Atlantic and Pacific RR. Co., to be effected November 1,
1891, through substitution of its Guaranteed 4s, will reduce this annual charge.

General Balance Sheet, June 30, 1891.

Franchises and Property $57,314,359 46

Roads of Auxiliary Companies under Trust

Mortgage of 1887 .". . . 1,563,703 33

Lebanon Branch (St. L. & W. Ry.) 30,000 00

Property of Leased Lines ( Contra} 4,482,000 00

Securities Owned— Cost on Books 2,262,007 63

Materials and Supplies 204,323 64

Bills Receivable 3,183,314 19

Cash and Cash Assets 736,335 67

Capital Stock (Common) in Treasury 23,640,700 00

Bonds " A," less scrip outstanding 193 16

Current Accounts 1,468,061 16

Cost of Lands owned in New Mexico and

Arizona... 910,93859

Total Assets ... $95,795,936 83

Capital Stock $50,000,000 00

1st Preferred $4,500,000

Preferred 10,000,000

Common 35,500,000

Funded Debt 31,484,500 00

Mortgage Bonds of Leased Lines ( Contra) 4,482,000 00

Cancelled Bonds 1,293,000 00

For Current Operations 492,147 83

Due Other Railroad Companies 43,003 78

Int. on Bonds past due but not called for. 43,870 00
Drawn Bonds past due but not presented.

Interest on Bonds due July 1, 1891

Atchison Co. : Demand Loans

Bills Payable

Scrip for B & C B'ds and for 1st Pref . Stock

Sundry Open Accounts

Interest on Bonds and Bills Payable, Ac-
crued but not due

Sinking Funds Accrued but not due

10,450 00
563,855 00
361,556 05
450,000 00
1,675 00
162,229 76

204,369 99
46,570 01
Income Account .. 3,156,70941

Total Liabilities $95,795,936 83

The first preferred stock has preference for dividends up to 7 per cent, per annum, after
which the preferred has preference up to same rate ; then the common is entitled to divi-
dends up to 7 per cent, per annum. When the three classes of stock shall have received
dividends at the uniform rate of 7 per cent, per annum, all classes are to share equally, pro
rata, in any excess of surplus earnings more than sufficient to pay dividends at the rates
named. (For statement of dividends paid on preferred and first preferred stock see MANUAL
for 1891.) No payment has been made on 1st preferred since February, 1890, and none on
preferred since October, 1889.

The Atlantic and Pacific RR. Co. issued $5,600,000 of 6 per cent, second mortgage bonds,
due September 1, 1907, with coupons payable semi-annually on the first days of March and
September, and paid, $2,800,000 to the Atchison and San Francisco Companies respectively,
on account of advances of money from time to time made by them. These bonds are secured
by a second mortgage upon the 564 miles of the western division of its railroad and land
grants, and were subsequently guaranteed, principal and interest, by the Atchison and
San Francisco Companies, to the extent of one-half each.

POOR'S MANUAL — ATCHISON, TOPEKA AND SANTA FE SYSTEM.

31

Table showing mileage, gross earnings, expenses, improvements and taxes, net revenue,
percentage of expenses, and gross and net revenue per mile of railway for fifteen years :

YEARS.

Aver.
Mile-

age.

Cross
Earnings.

Expense?,
Improvom'ts
and Taxes.

Net
Earnings.

Percent-
age of
Expens.

Percentage
of Ex-

pi'iisfs. Iin-
provem'ts
and Taxes.

PER MlI.E.

Gross
Earnings.

Net
Earnings.

1878

887
887

397
546
624
677
734
786
815
878
1,095
1,315
1.329
1.3-29

$1.303.94376
1.201. (Ml 63
1,672,437 70
2,698,370 67
3,160,52325
3.572,240 92
3,896,565 17
4.643,596 05
4.383.406 03
4874,627 80
6,229,344 56
5,773,250 99
6.052,950 68
6,394,068 74
6,748,508 08
1

$673,572 56
648,134 60
835,488 09
1,325,12851
1,582,057 12
1,591,738 59
1,823,128 82
2,135,378 37
1,949,744 99
2,222,296 22
2,981.866 90
3,663,810 74
3,460,680 50
3,646,449 52
4,220,509 45

$650.371 20
553,517 03
836,949 61
1,373,242 16
1,578,466 13
1,980,502 33
2,073,436 .35
2,508,217 68
2,433,661 04
2,652,331 58
3,247,477 66
2,109,440 25
2,592,270 18
2,747,619 22
2,527.998 63

44.17
47.89
43.28
43.12
42.25
39.77
40.86
42.07
41.28
42.03
42.83
58.12
53.94
54.42
56.91

50.88
53.93
49.96
49.13
50.06
44.56
46.79
45.99
44.48
45.59
47.87
63.46
57.17
57.03
59.89

$4,048 76
3,674 78
4,218 00
»4,940 94
5,061 61
5,279 07
5,305 35
5.90615
5,379 24
5,55450
. 5,68889
4,39030
4,554 51
4,811 18
5,077 88

$1,98890
1,69271
2,11084
2,514 52
2..-)27 93
2,926 79
2,823 08
3,19018
2,98655
3,02226
2,965 73
1,604 1C
1,95054
2.067 4
1,902

1880

1881

Iggo

1883

1884

lass

1886

1887

1888

1889
1890

1891

1,329

Statement showing the bonded debt of the St. Louis and San Francisco Ry. Co., and tha
for which it is liable, June 30, 1891 :

BONDS KNOWN AS :

Amount
Outstand-
ing.

Due.

INTEREST.

Rate.

Due.

1. ST. Louis AND SAN FRANCISCO RY. Co.—" A " Bonds $500,000
"B" Bonds 2,766,500
"C" Bonds 2400,000

$5,666,500
1,071,000
1,128,000

277,000

143,000

1,099,000
7 807000

Nov., 1906
Aug., 1919
Aug., 1920
t See Re- /
"l marks. \
\ See Re- 1
} marks. \
Oct., 1987
July, 1931
July, 1931
Sept., 1919

April, 1910
Jan., 1916
Sept., 1916
Dec., 1936
June, 1937

6 p. c.
6 p. c.
6 p. c.

7 p. c.

6 p. c.

5 p. c.
6 p. c.
5 p. c.
6 p. c.

6 p. c.
6 p. c.
6 p. c.
5 p. c.
4 p. c.

M. & N.

F. i A.
F. & A.

J. & D.

A. &0.

A. &O.

J. & J.
J. & J.
M. & S.

A. &0.
J. & J.
M. AS.
J. & D.
J. & D.

2. Bonds' on Road of Former Missouri and Western Ry. Co

3 First Mortgage Trust 6s of 1880 . .

4 Equipment 7s of 1880

5. Equipment 6s of 1884

6. Trust Mortgage 5s of 1887

' ' ~i General Mortgage Bonds, 5s

12,293,000
2,000,000

8. ST. Louis, WICHITA, AND WESTERN RY. Co. — First Mortgage 6s
Total Bonded Debt St. Louis and San Francisco Ry. Co

$31,484,500

430,000
744,000
890,000
810,000
1,608,000

Bonds of Auxiliary Companies :
9. Fort Smith and Van Buren Bridge Co.— First Mortgage 6s

10. Kansas City and Southwestern RR. Co.— First Mortgage 6s
11. St. L., Kan. and Southwestern RR. Co. — First Mortgage 6s

12. St. Louis, Salem and Arkansas Ry. Co. — First Mortgage 5s. .

13. Kansas Midland Ry. Co.— First Mortgage 4s .

Total Bonded Indebtedness. . .

$35,966,500

REMARKS.

1. Total amount authorized and originally issued, $5,700,000. of which $33.500 have been retired and can-
celled. The bonds were issuer! under a second mortgage on the original main line, Pacific to Seneca, Mo.. 292.27
miles ; and Granby Branch, 1.50 miles, together, 293.77 miles. This mortgage is now. however, a first lien on the
line named, $7,250,000 of prior lien "South Pacific " bonds having been paid and cancelled. Rate per mile.
$19,288.

2. Total amount authorized and originally issued, $1,100,000 ; retired and cancelled, $29,000. Mortgage is
first lien on road, Pierce City, Mo., to Oswego, Kan. ,72.91 miles, and Oronogo to Joplin. Mo., 9.32 miles, together
82.23 miles, or at the rate of $13,061 per mile. Commencing in 1884, the bonds are subject to being drawn for
payment (if not purchased) at 105 and interest, $5,000 each year.

3. Originally issued. $1,400,000 ; retired and cancelled. $272.000. Secured by deposit in trust of $1.400,000 of
first mortgage 7 per cent, bonds on roads Plymouth (Monett). Mo., to Fayetteville, Ark., 71.18 miles ; Carl Junc-
tion, Mo., to Girard. Kan.. 29.14 miles, and Litchfield Junction to Litchfield. Kan. (Carbon Branch), 3.25 miles,
together 103.57 miles, being at the rate of $10,898 per mile. Bonds have till maturity to run. Sinking fund con-
sists of difference between interest on the $1.400,000 of first mortgage sevens and that on the trust sixes out-
standing

4. Total amount authorized and originally issued, $1,000.000 ; retired and cancelled, $723,000. In June and
December of each year $40,000 are drawn for payment at 105 and interest (if not purchased) and are cancelled.
Secured by a first lien (till all bonds are paid) on rolling stock costing over $1,100,000. All bonds due June, 1895.

5. Total amount authorized and originally issued. $464,000 : retired and cancelled f321,000. Bonds due in
series of designated numbers, $23,000 each. April and October. Secured bv a first lien (till all bonds are paid) on
rolling stock costing $527,386. Last series due April, 1894.

32

POO:. ,] MANUAL — ATCHISON, TOPEKA AND SANTA FE SYSTEM.

6. Authorized issue limited not to exceed $20,000 per mile of newly constructed or acquired roads and equip-
ment, connecting with the system of, and operated and controlled by the San Francisco Co. Secured hv ik-po-it
in trust of all first mortgage bonds and not less than a majority of the capital stock of various companies, whc^e
roads are so operated and controlled. Roads now are Springfield, Mo., Belt Line, 3.18; Red River ] T to
Tex., 16.94 ; Jenson to Mansfield, Ark., 18.34 ; Powell to St. Paul, Ark., 7.68 ; Pittsburg to Weir City, Kan
together 54.95 miles, being at the rate of $20,000 of bonds per mile.

7. Both classes issued under one and the same mortgage and all equally secured. Total amount authorized
$30, 000,000, of which $17,261.000 were appropriated and set aside to provide at maturity or before for a like
amount of prior first mortgage bonds. The security for these bonds at present consists of first lien of the mort-
gage on various roads and equipment, and on the company's real estate and terminals in St. Louis, built or
acquired, and for which the $7,727,000 of the sixes now outstanding and $5,000,000 of fives were issued The
roads under the lien of the mortgage are as follows : St. Louis to Pacific, Mo., MM miles ; Springfield to Uoli-
var, Mo., 38.79 ; Springfield to Chadwiok, Mo., 34.8(5 ; Fayetteville, Ark., to Red River, I. T., 214 95 • Fayetteville
to Powell, Ark., 25.61 ; Joplin, Mo., to Galena, Kan. (and Belt. Line, Joplin), 10.59 ; Joplin to Carl Junction, Mo..
6.70; in all 365.51 miles. Of the fives outstanding $7,144,000 were issued to retire the South Pacific si
July, 1888.

8. Amount authorized, $2,000,000. These bonds are guaranteed and indorsed by the San Francisco Co.
for due payment of principal and interest and are secured by the first lien of the mortgage on the road, Oswego
to Wichita, Kan., 144.49 miles, being at the rate of $13,843 per mile.

9. Original issue, $475,000 : retired and cancelled, $45,000. Guaranteed (principal and interest) and indorsed
by San Francisco Co. In April of each year, commencing in 1800, five per cent, of bonds issued and outstanding
are to be drawn for payment at 105 and interest (if not purchased) and cancelled, and any and all are subject to
redemption by lot at 110 and interest at any time before maturity.

10. Secured by first lien of mortgage on road Beaumont to Cale, Kan., 61.86 miles, which is leased by the
San Francisco Co. Bonds are subject to redemption by lot at 110 and interest, otherwise have till maturity to run.
Issue $12,027 per mile.

11. Secured by first lien of mortgage on road, Arkansas City to Anthony, Kan., 69.88 miles. Authorized
issue, $15.000 per mile. This road is leased by the San Francisco Co. Bonds are subject to redemption by lot at
110 and interest, otherwise have till maturity to run.

12. Guaranteed (principal and interest) and indorse4 by San Francisco Co. Authorized issue, $15,000 per
mile. Mortgage is first lien on road, Cuba Junction to Salem, Mo. (and branches), 54 miles, which is leased by
the San Francisco Co. Bonds are subject to redemption by lot at 105 and interest, otherwise have till maturity to-
run.

13. Guaranteed (principal and interest) and indorsed by San Francisco Co. Authorized and issued at rate of
$15,000 per mile. Mortgage is first lien on road, Wichita to Ellsworth, Kan., 107.20 miles, which is leased by the
San Francisco Co. Bonds have till maturity to run.

The company has made provision for an issue of $50,000,000 new consolidated mortgage
4 per cent, gold bonds, dated October 1, 1890, and due October 1, 1990; interest payable
April and October, at the office of Baring, Magoun & Co., New York, or at the company's
office in Boston, Mass. These bonds are secured on 1,327 miles of railroad owned and leased,
together with equipment, lands, and realties, subject only to prior liens of present out-
standing bonds, which will be gradually retired by the operation of their respective sinking
funds and maturities, and be replaced by the new bonds. The remainder (say $14,000,000)
will be used to retire the $2,750,000 (one-half) Atlantic and Pacific 2d mortgage bonds guar-
anteed by this company, to provide proper facilities, machinery, and equipment, to pay off
the floating debt, and to provide cash for other purposes of the company.

Holders of first preferred stock were offered par in these bonds in exchange for their
holdings, with interest in cash continuously from January 1, 1891 ; and a large number of
them have assented.

The following table shows the mileage of the roads owned or leased by this company, at
close of each fiscal year, respectively ; the amount of its capital stock outstanding on such dates,
and the amount per mile thereof ; the amount of bonded indebtedness on the then mileage,
and of that per mile ; also, the annual interest charge per mile, based on the figures given : —

Years.

Miles.

CAPITAL STOCK ISSUED.

BONDED INDEBTEDNESS .

ANN'L INT'
CHAR<;E.

Amount.

Per Mile.

Amount.

Per Mile.

Per Mile.

January 1, 1878

293
293
558
635
661
725
776
815
815
930
1,319
1,329
1,329
1,329
1,327

21,281,00000
21,292,10000
22,063,000 00
23,878,400 00
23,878,400 00
24,448,200 00
24,448,200 00
24,538,200 00
26,022,500 00
26,100,300 00
26,113,70000
26,359,300 00
26,359,300 00
26,359,300 00
26,359,300 00

72,631 00
72,669 00
39,539 00
37,604 00
36,12400
33,721 00
31,621 00
30,108 00
31,929 00
28,065 00
19,798 00
19,83400
19,83400
19,834 00
19,863 82

12,861,000 00
12,811,00000
13,911,000 00
17,900,000 00
18,650,000 00
20,364,000 00
22,102,00000
23,893,000 00
26,026,000 00
27,806,000 00
35,609,000 00
36,173,500 00
36,200,500 00
36,110,50000
35,956,500 00

43,894 00
43,72300
24,930 00
28,189 00
28,214 00
28,08800
28,481 00
29,316 00
31,933 00
29,898 00
26,997 00
27,218 00
27,239 00
27,171 00
27,096 08

1,92800
1,918 00
1,21800
1,457 00
1,45600
1,55100
,65300
,76800
,92400
,80100
,55500
1,50500
1,50600
1,50000
1,49653

1879

1880

1881

1882

1883

1884 . ..

1885

1886 ..

1887

1888

1889

1890

July 1, 1890

1891

POOR'S MANUAL — ATCHISON, TOPEKA AND 8AKTA FE SYSTEM. 33

In bonded indebtedness, as above, are included not only the direct obligations of this
company, but also those of other companies whose capital stocks are nearly all owned by the
St. Louis and S:m Fraucisco Kail way Company, and whose roads are owned or controlled and
operated by it, under purchase or lease.

The rates of interest of the bonds outstanding July 1, 1891, are as follows : Four per
cent, on $1,608,000 ; five per ceut. ou $14,202,000 ; six per cent, on $19,877,500 ; and seven
per cent, on $269,000.

Land Department.— The grant of 1852 to the South Pacific was 1,161,244.47 acres, of
which 123,802.91 acres remain unsold ; grant of i860 to Atlantic and Pacific, 506,816.33 acres,
of which 8,819.16 acres remain unsold — a total of 132,622.07 acres on hand June 30, 1891.
There were sold during the past fiscal year from both grants 6,170.22 acres for $20,883.25,
an average of $3. o8J per acre. Also 45 town lots for $1,400. Acres cancelled, 8,671.44,
valued at $23,921.60. Receipts: Sales, $7,319.36; outstanding contracts, $25,250.09;
royalties, $3,841.36; miscellaneous.. $7,622.30; balance from last year, $53,592.98— total,
$9*7,6:26.09. Disbursements: Remittances, $37,925.54; taxes, $3,240.91; refunded on old
claims, $3,360; miscellaneous, $5,545.77; legal expenses, $5,798.75; rebate on transporta-
tion, $35.60 ; cash and bills receivable on hand Jane 30, 1891, $41,719.52— total, $97,626.09.

Annual meeting, second Wednesday in May. Stock, general mortgage bonds, equip-
ment bonds, trust gold " A," " B," and " C," and Missouri and Western bonds listed on
New York Stock Exchange. Stock also listed in London and in Amsterdam. Some issues of
bonds also listed abroad.

The St. Louis and San Francisco Ry. Co. owns or controls the following properties ; they
will be covered by the new mortgage, and they will ultimately be consolidated with the
San Francisco company.

FORT SMITH AND VAN BRIDGE COMPANY.— Across the Arkansas River from Fort Smith

in Buren. Built in 1885 and 1886 by the Union Bridge Company, and leased to the St. Louis and San Fran-

Ry. Co. for 99 years. Rental, interest on bonds. Capital stock. £500.000 (all owned by the St. Louis and

Francisco Rv. Co.); funded debt, $500,000 1st mortgage 6 per cent. 25-year gold $1.000 coupon bonds, due April 1.

1910, interest payable April and October, at office of lessee in New York. Principal and interest of these bonds

utely guaranteed by St. Louis and San Francisco Ry. Co. Mortgage provides for a sinking fund for

mption of bonds to the extent of 5 percent, of total amount each year, from April 1. 1890, bonds to be

vu by lot at 105 and interest. The Bridge Company reserves right to redeem bonds at 110 and interest at any

KANSAS CITY AND SOUTHWESTERN RAILROAD.-Beaumont, Kan., to Cale. Kan..

miles ; total track. 72 miles. Chartered March 28, 1884 ; road opened October 1, 1885. Leased for 99 years

m January 1. 1886, to the St. L. and S. F. Ry. Co. at a rental of 25 per cent, of its gross earnings, guaranteed

:o be less than interest on bonds. Capital stock. $1-240,000 : funded debt. 1st mortgage 6 per cent. 30-year

Coupon bonds, due January 1. 191(5 : interest January and July (authorized, $12,000 per mile south of Neosho

r. and $15,000 per mile north of it). $744.000 : income balance. $5.240— total, §1.089/240. Contra: Cost of

i road and equipment, $1,984.000 ; other assets, $5,240. Interest payable ac New York City.

KANSAS MIDLAND RAILWAY.— Wichita to Ellsworth. Kan.. 107.20 miles. This road was built
887. Leaded for 97 years from January 30, 1888. to the St. Louis and San Francisco Ry. Co., at a rental guar-

d to equal bond interest. Capital stock, 81,608,000; funded debt, 1st mortgage 4 per cent. 50 year gold
.:ntr fund $1.000 co upon or registered bonds, due June 1, 1837, interest payable June and December, at the

of the lessee in New York, §1.608— total stock and bonds, representing cost of road, etc., 83,216,000.

ST. LOUIS, KANSAS AND SOUTHWESTERN RAILROAD.-Cale Junction to Anthony,
Kan., 59.35 miles, and branch to H mine well, Kan., 2.54 miles— total. 61.89 miles. Chartered in 1885 ; road opened
to Bluff City in the fall of 188o, and leased to the St. Louis and San Francisco Ry. Co. for 98 years, rental being
25 per cent, of the gross earnings of the leased road, with a minimum guarantee of interest on 1st mortgage
bonds. Road extended to Anthony, 10.54 miles, iu 1888. Capital stock, all owned by the St. Louis and San Fran-
cisco Ry. Co. ; funded debt. 1st mortgage 6 per cent. 30-year gold bonds, dated September 1. 1886, interest pay-
able March and September, authorized at the rate of $15,000 per mile, of which $2.000 per mile are reserved by
St. Louis and San Francisco Rv. Co. for betterments and improvements. Bonds are guaranteed, principal and
interest, by St. Louis and San Francisco Ry. Co.

ST. LOUIS, SALEM AND ARKANSAS RAILWAY. -Main Line, Cuba Junction, Mo., to

balem. Mo.. 40.50 miies. Branches owned— Dent and Phelps : A very to Smith Mines, 2.75 miles : Howe's:

Howe's Station. Mo., to Plank Minos. Mo., 5.50 miles ; Sligo Furnace RR. : Sligo Junction to Sligo Furnace, 5.25

! miles— total. 13.50 miles. Total owned. 54 miles. Sidings, etc.. 4.8 miles. Gauge. 4 ft. 9 In. Rail (steel,

j 6.5 miles), 56 Ibs. Chartered under name of St. Louis, Salem and Little Rock RR. Co.. January 17. 1771 : road

opened October 15, 1873. Sold under foreclosure September 27. 1886 ; reorganized under present" name and sold

to the St. Louis and San Francisco Ry. Financial Statement. December 31, 18«6.— Capital stock, $1,000,000:

funded debt. $810.000 1st mortgage ($15,000 per mile), 5 per cent. 50-year bonds, due December, 1936, interest June

d December. Bonds are guaranteed, principal and interest, by St. Louis and San Francisco Ry. Co., which

wns all capital stock of this company. The total cost of property was $750.000. of which $250,000 was paid in

aeh by the St. Louis and San Francisco Co., and the remainder in bonds of the reorganized company. The

nossued bonds i $810,000) were transferred to the St. Louis and San Francisco Co. in consideration of its guarantee

re mentioned. Annual meeting, second Thursday in April, or within sixty days thereafter. Books close for

annual meeting thirty davs previously. Voting power attaches to stock after thirty davs' ownership. Trustee of

i bonds. Union Trust Co., New York, N. Y.

POOR S MANUAL OF RAILROADS.

Board of Directors, St. Louis and San Francisco RR. Co., elected November 27, 1891.
GEORGE C. MAGOITN, Chairman New York, N. Y.

John J. McCook. . .New York, N. Y.| Geo. J. Gould New York, N. Y.

Thomas Baring

John T. Davis St. Louis, Mo.

Cecil Baring

J. W. Reinhart Boston, Mass.

Russell Sage New York, N. Y.

Alden Speare Boston, Mass.

Alvah Mansur St. Louis, Mo.

William Libbey New York, N. Y. E. C. Simmons St. Louis, Mo. A. Manvel Chicago, 111

George C. Magoun New York, N. Y.

ALLEN MANVEL, President Chicago, 111.

J. W. Reinhart, Vice-President Boston, Mass.

H. L. Morrill, 2d Vice- President arid General Manager St. Louis, Mo.

Sec. and Treas.—B.. W. Gardiner Boston, Mass. | Auditor— A. Douglas St. Louis, Mo.

PRINCIPAL OFFICES . . \ Roe BllildinS> 51° Pine Street> St- Louis> Mo-

( 95 Milk Street, Boston, Mass.
pster of Stock. Metropolitan Trust Company, New York City.

ATLANTA AND WEST POINT RAILROAD COMPANY.

Line of Road.— Atlanta, Ga., to West Point, Ga 85.61 miles.

Sidings and other tracks, 5.89 miles. Gauge, 4 ft. 9 in. Kail (steel), 56 and 6(H Ibs.

History.— Organized in 18^0 as successor to the old Atlanta and Lagrange RR. Co. (See
MANUAL for 1890, page 346.)

Rolling Stock, June 30, 1891. — Locomotive engines, 14. Cars— passenger, 8; excursion,
baggage, mail, and express, 7 ; freight (box, 201 ; platform, 26 ; coal, 20 ; caboose, 6), 253 ;
camp car, 1 — total cars, 269.

Operations for year ending June 30, 1891. — Train mileage — passenger, 242,856; freight,
94,300 ; mixed, 11,764— total. 348,926 miles. Tons freight moved, 196,300. Bales of cotton
moved, 137,077.

Earnings.— PaMeiiger $173,876 82

Freight 267,550 97

Mail and Express 36,476 66

Miscellaneous • 5,149 05

Total ($5,642.48 per mile)

Expenses.— Transportation $12(i .

Motive Power and Cars 62,279 05

Maintenance Way and Buildings 108,739 04
General Expenses 58,643 76

Total (84,165.82 per mile) $356,635 77

$483,05350

Net earnings (26.17 per cent.), $1?6,417.73. Payments : Interest, $73,932 ; dividends
on stock (6 per cent.), $73,932— total, $147,864. Balance, deficit, $21,446.27. Surplus from
1890, $161,325.28. Surplus, June 30, 1891, $139,879.01.

Statement of operations, etc., for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Passengers Carried
Freight (tons) Moved
Cotton (bales) Moved

Gross Earnings
Gross Expenses and Taxes

Net Earnings

120,007
95,719
89,353
$
412,640
279,262

127,091
115,192

89,82(3
$
410.222
•237,143

115,803

119,495
134,953
98,293

394,640
234,053

155,143
151,528
105,651

$
424,287
285,952

144,525
176,847
116,442
$
424,517
285,473

181,771
194,576
176,749

*

473,441
305,078

" V%.3iV)

1 '}~ °?7

Y

101,069

397,259
259,258

133,378
(6) 73,932
73,932

4,743 00
3,209 91
1,53309
67. 68 p. c.

173,079
(6) 73,932
73,932

4,70223
2 718 29
1,98394
57. 81 p. c.

138,001
(6) 73,932
73,932

4,566 19
3,002 97
1,56322
65. 20 p. c.

160,587
(6) 73,932
73,932

4,523 61

2,682 87
1,840 74
59.34 p.c.

138,3&5
(6) 73,932
73,932

4,876 85
3,286 80
1,590 05
67. 40 p.c.

139,044
(6) 73,932
73,938

4,929 94
3,315 21
1,61473
67. 24 p.c.

168,363
(6) 73,932
73,932

5,441 85
3,50664
1.1)3521
64.44 p.c.

(6) 73,93*

.-.til-,' H
1,1 65 1
1 , 47ti «W
73. S3 p. C.

Dividends on Stock

Interest Paid

Gross Earnings per Mile . . .
Gross Expenses per Mile. . .
Net Earnings per Mile
Expenses to Earnings

General Balance Sheet, July 1, 1891.

Cost of Road, Stock, and Real Estate $2,464,400 00 | Capital Stock

Materials and Fuel 17,642 94

Bills Receivable 10,19810

Current Accounts 74,915 39

Cash on Hand 95,224 36

$1.2:;-J

Certificates of Indebtedness 1,23-.'

Bills Payable

Current Accounts •„' >

Profit and Loss ..

Total Assets..

...$2,662,380.79

Total Liabilities

162,88071

POOR'S MANUAL OF RAILROADS. 35

The debenture certificates were issued in 1881 in the shape of a dividend. They are for
$100 each, registered, bear 6 per cent, per annum, payable January and July, are dated July,
18S1, and payable at the option of the company. Any bonds issued must be subordinate in
lien TO these certificates.

DiviDKxns. — From January, 1855, to July, 1891, this company paid cash dividends rang-
ing fr«»m s to 6 per cent. — an aggregate of 235 per cent. (See POOR'S HAND-BOOK OF IN
KENT SKCUIUTIES for details.)

Directors (elected August 7, 1890).— W. B. Berry, Xewnan. Ga.; J. W. Green, Jacob
Phiuizy. Augusta, lia.; D. N. Speer, Patrick Calhouu, E. A. Thornton, Atlanta, Ga.

C. H. PHINIZY, President Augusta, Ga.

, ,,>.,._H. M. Abbett. . . .Atlanta. Ga. | General Manager— Edmund L. Tyler Atlanta. Ga.

PRINCIPAL OFFICE AND ADDRESS. . Atlanta, Ga.

ATLANTIC AND NORTH CAROLINA RAILROAD COMPANY.

Line of Road.— Morehead City, X. C., to Goldsboro', X'. C 95 miles.

Sidings, etc., 2.5 miles. Gauge, 4 ft. 8i in. Rail, 50 and 56 Ibs.

History. — Chartered in 1853 ; road opened in 1858. The State of Xorth Carolina owns
[,266,500 of the stock of the company. (See MANUAL for 1888, page 558.)

Rolling Stock. — Not reported.

Operations for year ending June 30, 1891. — Train mileage, passenger and freight gtatis-
ics not reported. Earnings— passenger, $59,741.99; freight, $75,540.86; mail, $6,503.28 ;
xpress, $13,678.45 ; other, $358.88 — total, $155,823.46. Operating expenses — transporta-
tion, $2u,667.49 ; maintenance of equipment, $45,475.54 ; maintenance of way, $23,745.93 :
general, $33, 438. 9 1— total $123,327.88. Xet earnings, $32.495.58. Payments : Interest on
bonds, $19,500 ; taxes, $4,490.13— total, $23,990.13. Balance, surplus, $8,505.45.

Financial Statement, June 30, 1891.— Capital stock, $1.797,500 ; funded debt, 1st rnort-
:e 6 per cent bonds, $325,000 ; current accounts, $4,637.50 ; net receipts, $10,798.34 ;
profit and loss, $65,692.98— total, $2,203,628.82. Contra : Cost of road and equipment, $2,-
77. 1127.98 ; current accounts, $5,999.79; cash on hand, $20.601.05— total, $2,203,628.62.

Directors (elected September 24, 1891).— On the part of th-e State : W. S. Chadwick, T.
D. Webb, Carteret County, XT. C.; P. M. Pearsall, Jones County. X. C.; J. W. Grainger, W.
t. Kennedy, Lenoir County, X. C. ; Charles Dewey, Wayne County, X. C. ; W. T. Caho,
'amlico County, X. C. ; W. G. Brinson, Craven County, X. C. On the part of the pri>'<rte
stockholders: John M. Morehead, Paul F. Faison, Arnold Borden, L. H. Cutler.

W. S. CHADWICK, President Xewbern, X. C.

Secretary and Trta*.—F. C. Roberts Xewberu. X. C. Auditor a>»i *>./pt.—S. L. Dill Xewbern. X. C.

PRINCIPAL OFFICE AND ADDRESS Newberu, X. C.

ATLANTIC AND WESTERN RAILROAD COMPANY.

Line of Road. — Blue Spring, Fla., to Xew Smyrna, Fla 30 miles.

Sidings. 1.5 miles. Gauge, 4 ft, 9 in. Rail (steel), 50 Ibs.

History. — Reorganization after foreclosure sale Xovember 7, 1887, of. the Blue Spring,
Drange City and Atlantic RR. Co. (See MANUAL for 1888, page 558.)

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; baggage, mail, and ex-
>ress, 1 ; freight (box, 3 ; platform, 20), 23 — total cars, 26.

Operations. — Not reported.

Financial Statement. June 30, 1891.— Capital stock, $300,000 ; funded debt, $300,000
1st mortgage 6 per cent. 30-year $1,000 coupon bonds, due January 1, 1918, interest payable
January and July, at company's office — total stock and bonds, $600,000.

Directors ( elected Xovember 10, 1890).— Samuel Thomas. Calvin S. Brice, W. K.

36 POOR'S MANUAL OF RAILROADS.

Kitchen, Edward Tuck, H. W. Camion, E. R. Chapman, New York, N. Y. ; Dexter Hunter,
Jacksonville, Fla.

E. R. CHAPMAN, President New York, N. Y.

Dexter Hunter, Vice-President Jacksonville, Fla.

Secretary and Ti'eax.—V. II. Eicks New York, N. Y. | G<-n<-r<i! Supt.—Y. C. Austin Orange City, Fla.

PBINCIPAL AND TRANSFER OFFICE 80 Broadway, New York, N. Y.

ATLANTIC CITY RAILROAD COMPANY.

Main Line of Road. — Camden, N. J., to Atlantic City, N. J 56.86

Williamstown Branch : Atco to Mullica Hill, N. J 22.72

Gloucester Branch : Camden to Mount Ephraim, N. J 3.88

Brigantine Beach ER. : Brigantine Junction to Brigantiue, N. J 14.00 — 97.46 miles.

3d track, 56.81 ; sidings, etc., 24.33 miles. Gauge, 4 ft. 8i in. Rail (steel, 169.03 miles),
56, 60, and 70 Ibs.

For History see MANUAL for 1889, page 337. Controlled by the Philadelphia and Reading
RR. Co.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 23. Cars — passenger, 60 ; baggage,
mail, and express, 2; freight (box, 4; platform, 8 ; caboose, 3), 77 ; other cars, 1 — total
cars, 78.

Operations.— See GENERAL INDEX.

Financial Statement, June 30, 1891. — Common stock (par, $50), $1,200,000 ; preferred
stock (par, $50), $1,000,000 ; funded debt outstanding, $2,200,000 ; bonds and mortgages on
real estate, $13,570; current accounts, $856,117.94— total, $5,269,687.94. Contra: Cost of
road, $4,555,832.04 ; rolling stock, $450,181.82 ; current accounts, $201,880 ; balamje, profit
and loss, $61,793.40— total, $5,269,587.86.

funded debt consisted, June 30, 1891, of first mortgage 5 per cent. 30-year $1,000 coupon
bonds with privilege of registration for principal, dated May 1, 1889, interest payable May
and November at company's office. Trustee, Guarantee Trust and Safe Deposit Co., Phila-
delphia, Pa. Annual meeting, first Monday in May, at Kaighn's Point, Camden, N. J.

Directors (elected May 4, 1891).— A. A. McLeod, R. S. Davis, W. S. Massey, Phila-
delphia, Pa. ; Albert Foster, Riverton, N. J. ; S. Garwood, Williamstown, N. J. ; H. T.
Naisby, E. H. King, H. C. Felton, J. A. Bodine, R. S. Bay more, Camden, N. J. ; T. B. Gibbs,
Clementon, N. J. ; J. M. Hall, Milford, Del.

A. A. McLEOD, President and General Manager Philadelphia, Pa.

Robert S. Davis, Managing Director Camden, N. J.

Secretary— R. W. Taylor Philadelphia, Pa. | Treasurer— W. A. Church Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS 227 South Fourth Street, Philadelphia, Pa.

AUGUSTA, GIBSON AND SANDERSVILLE RAILROAD COMPANY.

Line of Road.— Augusta, Ga., to Sandersville, Ga 80 miles.

Sidings, 3 miles. Gauge, 3 ft. Rail (steel, 80 miles), 30 Ibs.

History.— Chartered January 8, 1884 ; road completed, November 28, 1886.

Rolling1 Stock. — Locomotive engines, 4. Cars — passenger, 6 ; baggage, etc., 2 ; freight
(box, 20 ; stock, 1 ; flat, 22), 43— total, 51.

Operations for year ending June 30, 1889.— Train mileage and traffic statistics not
reported. Earnings— passenger, $24,502 ; freight, $54,644 ; mail and express, $3,738—
total, $82,885. Expenses— transportation, $24,861 ; motive power and cars, $9,963 ; main-
tenance of way, etc., $16,267 ; general, $15,657— total, $66,748. Net earnings, $16,137.
Payments : Interest on bonds, $24,500 ; taxes, $900— total, $25,400. Deficit, $9,263.

Financial Statement, June 30, 1889.— Capital stock (par, $25), $123,525 ; funded debt
outstanding $480,000— total ($7,544 per mile), $603,525.

Funded debt consisted of $350.000 first mortgage 7 per cent. 30-year $500 coupon bonds,

POOR'S MANUAL OF RAILROADS. 37

due April 1, 1015, interest payable January and July ; and $130,000 income 6 percent. $100
registered bonds, due 1917, interest payable April and October. Stock authorized, $250.000.
Annual meeting, first Wednesday in February ; books close ten days previously. Voting
po\ver attaches to income bonds. Registrar of stock, Geo. Adam. Trustee of bonds. Central
Trust Co., Xe\v York, N. Y. Interest payable at Augusta, Ga., and New York, N. Y.

Directors (elected February 5, 1890).— R. M. Mitchell, W. B. Young, Augusta, Ga.; Geo.
W. Stetson, New York. N. Y. ; Charles H. Howard, Wm. T. Gary, Thos. Wartben, Warthen,
Ga. ; J. H. Alexander, H. H. Hickman, R. W. Inman, A. E. Thornton, James L. Xeal, L. D.
Matthews, James Stapleton.

(All later information refused by this Company.)

R. M. MITCHELL, President Augusta, Ga.

R. \V. Inman, Vice- President New York, N. Y.

| ' Manayff — Hamilton Wilkins Augusta, Ga. | Treasurer and Secretary — Geo. Adam Augusta. Ga.

PRINCIPAL OFFICE AND ADDRESS Augusta, Ga.

AU SABLE AND NORTHWESTERN RAILWAY COMPANY.

Lines of Road :

Av Sable pii-mot, : Au Sable, Mich., to Potts, Mich 38

Potts Division : Potts. Mich., to Damon, Mich., and branches to woods 50 — 88 miles.

Gauge, 3 ft. Rail (steel), 30, 35, and 40 Ibs.

History. — Chartered 1887. The Potts Division was operated solely as a logging road
previous to July 15, 1889, when it was opened for general freight and passenger business.
The Au Sable Division was built during 1889. An extension of the main line from Au Sable
Junction to Lake Huron, 3 miles, and a branch line from Potts to Hillman, 30 miles, are in
contemplation.

Rolling Stock. — Locomotive engines, 11. Cars— passenger, 2 ; baggage, etc., 3 ; freight,
6; other, 150— total car?, 161.

Financial Statement. — Xot reported.

Directors. — D. Tisdale, Simcoe, Ont. ; John E. Potts, W. S. Waugh, Detroit, Mich.

D. TISDALE, President Simcoe, Ont.

Secretary and Treasurer— W. S. Wangh. Detroit, Mich. | General Manager— J. E. Potts Detroit, Mich.

PRINCIPAL OFFICE AND ADDRESS Detroit, Mich.

AUSTIN AND NORTHWESTERN RAILROAD COMPANY.

Line of Road. — Austin, Tex., to Granite Mountain, Tex 74 miles.

Operated : Granite Mountain and Marble Fulls ER. : Granite Mountain to Marble

Falls 2 miles.

Sidings, etc., 2.25 miles. Gauge, 3 ft. Rail (steel, 28 miles), 35, 40, and 56 Ibs. per yard.

History. — Reorganization, April 21, 1888, of a company of the same name. The Granite
Mountain and Marble Falls RH. was bui.t by this company, and is operated under contract
•without lease or other consideration. (See MANUAL for 189J.)

Rolling Stock, June 30. 1891. — Locomotive engines, 4. Cars — passenger, 3 ; baggage,
mail, etc.. 3 ; freight (box, 27 : stock, 4; platform, 39 ; coal. 1), 71 ; other, 9— total, 86.

Operations for year ending June 30, 1891. — Train mileage — passenger, 22,029 ; freight,
66,089— total, 88,118 miles. Passengers carried, 30,150 ; carried one mile, 1,024,853 ; aver-
!age mile rate, 2.87 cents. Tons of freight moved, 28,609 ; moved one mile, 1,548,630;
j average mile rate, 4.15 cents. Earnings— passenger, $29,405.53 ; freight, $64,206.79 ; mail,
i $5,357.04; express, $2,520; other, $2,422.15— total, $103,911.51. Operating expenses-
transportation, $32,777.21; motive power and cars, $15,642.60; maintenance of way, etc.,
j $19,227.97 ; general, $9,401.17— total, $77,048.95. Net earnings, $26,862.56. Payments :
j Interest on bonds, $7,500 ; taxes, $2,820 ; permanent improvements, $2,450 ; other payments,
| $151.68— total, $12,921.68. Balance, surplus, $13,940.88 ; surplus from last year, $81,075.07
j total surplus, $95,015.95.

38 POOR'S MANUAL OF RAILROADS.

Financial Statement.— Capital stock (authorized, $750,000), $724,000 ; funded debt, I
$104,000; bills payable, $11,964.97; current, accounts, $211.38 ; matured coupons, $3,750; I
profit and loss, $95,015.9-3— total, $938,942.30. Contra: Construction, etc., $872,163.21 ;
other permanent investments, $48,393.42; bills receivable, $12,348.23; current accounts, I
$4,420.24; cash, $1,617.20— total, $938,942.30.

Funded debt consists of ($125,000 authorized) 1st mortgage 6 per cent. 10-year $1,000 |
bonds, dated January 1, 1889, interest payable January and July at New York.

At a meeting held December 29, 1891, an issue of bonds was authorized to the amount of |
$20,000 per mile, to provide means for an extension to Llano, to be completed by July, 1892. I

Annual meeting in May, at Austin, Texas. Trustee of bonds, Atlantic Trust Co, 39 |
William St., New York, N. Y. Registrar of stock, Jos. Collett.

Directors (elected May 6, 1891).— W. B. Isham, New York, N. Y.; Joseph Collett, Terre
Haute, Ind.; W. A. Westfall, Burnet, Tex.; John Hancock, A. P. Wooldridge, A. N. Leit-
naker, Austin, Tex.; F. H. Holloway, Fail-land, Tex.

J. COLLETT, President Terre Haute, Ind.

John Hancock, Vice- President Austin, Tex.

Treasurer — A. P. Woolrlridge Austin, Tex. I Secretary — A. L. Rhomberg Austin, Tex.

Asst. Treasurer— W. B. Isham New York, N. Y. | Auditor— 3. Torrencc-

PRINCIPAL OFFICE AND ADDRESS Austin, Tex.

Transfer Office New York, N. Y.

BACHMAN VALLEY RAILROAD OF MARYLAND.

Line of Road. — Pennsylvania State Line to Ebbvale, Md 4.0

Branch : Ebbvale to Mines 0.5 — 4.5 miles.

Gauge, 4 ft. 8i in. Rail, 50 Ibs.

History. — Chartered April 7, 1870 ; road opened January 1, 1873.

Operations, etc. — Not reported.

Financial Statement. — Capital stock, representing cost of road, $68,lo6.

JEROME L. BOYER, President and General Manager Reading, Pa.

E. GK Holder, Secretary and Treasurer Columbia, Pa.

PRINCIPAL OFFICE AND ADDRESS Columbia, Pa.

BALTIMORE AND DELAWARE BAY RAILROAD COMPANY.

Main Line of Road. — Chestertown, Md., to the Delaware State Line 24 miles.

Nicholson Branch : Worton Junction to Nicholson, Md. 9 miles.

Owned and Operated : Smyrna & Del. Bay RR. : State Line to Bombay Hook, Del. 18 miles.

Total length of lines operated 51 miles.

Sidings, etc., 5 miles. Gauge, 4 ft. 8| in. Rail, 50 Ibs.

History. — Chartered as the Kent County RR. Co., and reorganized 'after foreclosure in
1881, under its present title.

Operations, etc. — Not reported.

Financi.il Statement. — Capital stock (Baltimore and Delaware Bay RR. Co., $366,500;
Smyrna and Delaware Bay RL1. C >., $750,000), $1,116,500. Stock of B. & D. B. RR. ro.,
$100 per share ; S. & D. B. RR. Co., .$10 per share. Funded debt, first mortgage 5 per ceut.
30 year gold bonds, due 1919, interest May and November, $375,000. These bonds cover the
B. & D. B. RR., and the stock of the S. & D. B. RR. Co.

Directors. — Frank L. Hall, J. Rogers Maxwell, Robert W. de Forest, John W. Watson,
S. M. Williams, Ernil Thielens, George S. Jones.

FRANK L. HALL, President New York, N. Y.

Treasurer — J. W. Watson New York. N. V. ; s<-<-rc(<iry — Samuel Knox New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Clayton, Del.

New York Office 120 Broadway.

POOR'S MANUAL OF RAILROADS. 39

BALTIMORE AND DRUM POINT RAILROAD COMPANY.

Line of Road Projected. — Baltimore, Md., to Drum Point on Chesapeake Bay. .81 miles.

History. — Incorporated January, 1868. Construction suspended for the present. Re-
ceivers appointed in November, 1891. Decree made, directing the receivers to sell the road at
public auction.

Operations. — All information refused.

Financial Statement (latest furnished).— Capital stock, $1,500,000. Funded debt, $1,-
500,000 1st mortgage 6 per. cent. 40-year $1,000 gold coupon bonds, due February 1, 1928,
interest payable February and August. Interest and principal both payable at the offices of
the company in New York and Baltimore. Trustee, Mercantile Trust and Deposit Co.,
Baltimore, Md.

Under a contract dated January 16, 1888, for interchange of traffic with the Baltimore
and Ohio RR. Co., that company agrees to set aside 10 per cent of its earnings from such
traffic for ten years, and 5 per cent, for thirty years thereafter, to be used only in making up
any deficiency that may occur in payment of interest on bonds of this comoany.

Directors (elected June, 1889). — Augustus Albert, Andreyv Banks, James S. Hagerty,
Wm. H. Trego, A. E. Booth, H. H. Biedler, Baltimore, Md. ; Thomas S. Iglehart, J. Henry
Sellman, Davidsonville, Md. ; Thompson M. King, Obligation, Md. ; John T. Bond, Thomas
Parran, Jr., St. Leonard's, Md. ; Alex, de Barril, Drum Point, Md.

Thomas Hughes, ) ^^ ( ) Addregs not ted

S. Johnson Poe, ) ( )

AUGUSTUS ALBERT, President . . .Baltimore, Md.

Secretary— T&. A. Albert Baltimore, Md. j C'kiff Engineer— Nicholas Goldsborough.Baltimore, Md.

PRINCIPAL OFFICE AND ADDRESS 10 South St., Baltimore, Md.

BALTIMORE AND EASTERN SHORE RAILROAD COMPANY.

Line of Road.— Claiborne, Md., to Ocean City, Md 87.06 miles.

Sidings, etc., 9 miles. Gauge, 4 ft. 8fc in. Rail (steel), 56 Ibs.

History. — Chartered April 1, 1886, and purchased the Wicomico and Pocomoke RR-. in
1888, and made a contract in 1890 for the purchase of the Bay Ridge and Annapolis RR. Also
purchased the property of the Chesapeake Terminal Co. The road was opened Throughout
on December 1, 1890, connection being made with the Annapolis and Baltimore Short Line by
means of 12 miles of water transfer across Chesapeake Bay, from Claiborne to Annapolis. On
October 5, 1891, direct connection made between Claiborne and, Baltimore, 42 miles of water
transfer, and the use of the B. R. & A. RR. discontinued, no steps having been taken under
the contract of purchase. The contract, however, still exists. In 1891, the road and property
of the Baltimore and Eastern Shore RR. Co. , was placed in the hands of a receiver.

Rolling Stock, June 30, 1891. — Locomotive engines, 5. Cars — passenger, 23 ; baggage,
mail, and express, 1 ; freight (box, 50 ; platform, 4 ; coal, 30), 84 — total, 108. Of this equip-
ment 3 locomotives, 17 passenger, 50 box, and 30 coal cars are held through car trust.

Operations for year ending June 30, 1891. — Train mileage and freight statistics not
reported. Passengers carried, 82,020 ; carried one mile, 1,607,296. Earnings — passenger,
$40,550.21 ; freight, $24,459 ; mail, $1,772.46 ; express, $1,960.47 ; other, $168— total, $68,-
910.14. Operating expenses — transportation, $15,150 ; motive power, $14,010.50 ; ferry ser-
vice, $16,500; way and buildings, $15,500; general, .$9,260.21— total, $70,420.71. Deficit
from operations, $1,510.57. Train mileage for seven months ending June 30, 1891.— Pas-
senger, 53,631 ; mixed, 33,992 ; extra, 11,981— total, 99,604 miles.

Financial Statement.— Capital stock (authorized, $1,000,000 ; par, $50) paid in, $500,000 ;
funded debt (consolidated 5 per cent. 30-year gold bondf, dated July 1, 1890, interest payable
January and July ; authorized, $1,600,000) outstanding, $1,469,000— total stock and bonds,
$1,969,000. Contra : Cost of road, $1,225,000 ; rolling stock, $100,000 ; floating equipment,
$50.000 ; real estate buildings and terminals, $60,000.

40 POOR'S MANUAL OF RAILROADS.

The bonds are for $1,000 each, coupon and registered, and are secured on the entire road
bed, rolling- stock, and floating equipment.

Annual meeting, first Monday in May, at Baltimore, Md. Stock may be voted after 30
days' ownership. Trustee of bonds, Atlantic Trust Co., 39 William Street, New York,
N. Y., at whose office interest is payable.

Directors (elected May 4, 1891). — Joseph B. Seth, Easton, Md. ; E. E. Jackson, Salis-
bury, Md. ; Theophilus Tunis, H. D. Dudley, S. C. Rowland, Baltimore, Md. ; Charles C.
Pomeroy, Allan W. Evarts, Archer N. Martin, George B. Pomeroy, A. V. Z. Post, Charles E.
Kimball, A. E.. Godeffroy, New York ; James H. Douglas, Preston, Md.

WILLARD THOMSON, Receiver and General Manager Salisbury, Md.

JOSEPH B. SETH, President Easton, Md.

E. E. Jackson, Vice-President Salisbury, Md.

Sec. and Treas.—Gh**. E. Kimball.. New York, N. Y. | Gen.&npt. and And.— A. J.Benjamin... . Salisbury, Md.

PRINCIPAL OFFICE AND ADDRESS Salisbury, Md.

Transfer Office 45 Wall Street, New York," N. Y.

BALTIMORE AND LEHIGH RAILROAD COMPANY.

Main Line of Road.— Baltimore, Md., to York, Pa 79.4

Branch : Delta to Peach Bottom, Pa 5.0—84.4 miles.

Sidings, etc., 6.4 miles. Gauge, 3 ft. Rail (steel), 40 Ibs.

History. — Consolidation, April 21, 1891, of the Maryland Central and the York and
the Peach Bottom Ry. Cos. The Slate Ridge and Delta Ry., from Slate Ridge to Delta, Pa ,
1 mile, was purchased at judicial sale by the York and Peach Bottom RR. previous to the
consolidation.

Rolling" Stock, June 30, 1891. — Locomotive engines, 8. Cars — passenger, 26 ; baggage,
mail, and express, 5 ; freight (box, 121 ; stock, 7 ; platform, 13 ; coal, 94 ; caboose, 1), 236 —
total cars, 267.

Financial Statement.— Capital stock, $3,375,000; funded debt, $1,726,075.05, viz : Mary-
lund*Central first mortgage 4 per cent, (for first ten year?, and 5 per cent, thereafter) 30-year
coupon bonds, dated January 1, 1889, interest payable January and July ($850,000 author-
ized), $822,275.05 : ditto general mortgage 5 per cent. 50-year coupon bonds, dated May 15,
1889, interest payable June and November ($7, 000, 000 authorized), $659,000 ; York and Peach
Bottom first mortgage 5 per cent. 50-year $50, etc., coupon bonds, due 1932, interest payable
April and October, $47,500; ditto 2d mortgages per cent. 50-year $50, etc., coupon bonds,
due 1932, interest May and November, $197,300.

Directors. — William Gilmor, Win field J. Taylor, John Henry Miller, Hugh B. Jones,
Baltimore, Md. ; Charles R. McConkey, Peach Bottom, Pa.; F. G. Metzger, York, Pa. ;
Warren F. Wai worth, Cleveland, O.

WILLIAM GILMOR, President Baltimore, Md.

Secretary & Auditor--Jo\m K. Shinn.. Baltimore, Md. | Treasure?-— Fridge Murdoch Baltimore, Md-

General Manager— W. R. Crumpton Baltimore, Md.

BALTIMORE AND NEW YORK RAILWAY COMPANY,

Line of Road.— Cranford Junction to Elizabethport, N. J 5.33 miles.

Gauge, 4 ft. S^in. Rail (steel), 67 Ibs.

History.— Chartered November 19, 1888, and road built in 1889. Controlled by the B. &
O. RR. Co.

Rolling* Stock. — Locomotive engines, 2. Cars, 2.

Financial Statement, June 30, 1891.— Capital stock ($100 shares, $500,000 authorized)
paid in, $350,000 ; funded debt, first mortgage 5 per cent. $50-year $1,000 coupon and

POORS MANUAL OF RAILROADS.

41

registered bonds, due May 1, 1<>39, interest payable May and November, $350,000; other
liabilities, $9,969.62— total, $709,969.62. Contra : Cost of road and equipment, $700,000.

Annual meeting, third Tuesday in November. Interest on bonds guaranteed by the
Baltimore and Ohio RR. Co., and payable at Baltimore, Md. Trustee : Mercantile Trust and
Deposit Co., Baltimore, Md.

Directors. — John K. Cowen, Baltimore, Md. ; J. Frank Emmons, A. B. Boardman, New
York, N. Y. ; Anthony Q. Keasbey, George M. Keasbey, Corra N. Williams, Newark, N. J. ;
Thomas M. King, Baltimore, Md.

J. FRANK EMMONS, President New York, N. Y.

Secretary— Corni N. Williams Newark, N. J. | Treasurer— W. H. Ijams Baltimore, Md.

A mlHor— William T. Thelin Baltimore, Md.

PRINCIPAL OFFICE AND ADDRESS Foot of Whitehall Street, New York, N, Y.

BALTIMORE AND OHIO RAILROAD COMPANY.

Main Line of Road.— Baltimore, Md., to Wheeling, W. Va 379.80 miles.

Branch lines oicned and leased — operated in connection with main stem (see

page 42) 391.53 miles.

Ohio Hicer Bridges — as on page 38 2.50 miles.

f Philadelphia Division — as on page 42 . 124.50 miles.

Linos coaled by lea.,e or ownership :\ $*?%% %£%!% °o» ££ f2. '. ^ £!£

[ Trans- Ohio System — as on page 42 . . 724.01 miles.
Valley RE. of Virginia — reported separately (See GENERAL IMDEX) 62.00 miles.

Total length of all lines owned, leased, and operated 2,027,66 miles.

Gauge, 4 ft. 8| in. Rail (iron, 286.66 miles), 60 to 80 Ibs. ; (steel, 2,939.76 miles), 67 Ibs.

History.— Chartered in 1827. (See MANUAL for 1888, page 93.) The St. Clairsville
Branch (Bellaire and St. Clairsville RR.) was purchased November 12, 1888.

On December 1, 1891, the company began to run its trains into the Grand Central Pas-
senger Station, in Chicago, over the tracks of the Chicago and Northern Pacific RR.

At the annual meeting in November, 1891, an increase of $10,000,000 to the common
stock was authorized, and $5,000, 000 of it has since been sold to a syndicate of New York and
London capitalists. Of the balance, $2,000,000 will go to pay for Pittsburgh and Western
stock, and $3,000,000 will be issued to stockholders in the shape of a dividend.

Rolling; Stock. — Statement of engines and cars in service September 30, 1891, on all lines
of the Baltimore and Ohio System :

OWNED BT

En-
gines.

Pas-
sengT
Care.

Combi-
nation
Cars.

Es-
Ipress
Cars.

Express
Refrig-
erator.

Mail &
Bagg'ge
Cars.

Officre.
Pay, &
Postal.

Fgt. &
Service
Cars.

Total
Engines
& Cars.

Baltimore and Ohio RR. Co
Baltimore and Ohio and Chicago RR. Co
Pittsburgh and Comu-llsville KR. Co
Buffalo Valley RR. Co
Somert-et and Cambria RR. Co

548

*297

48

54

12

78

16

t!8,921
367
1,893

19,974
367
1,983
1
1
1
77
39
2
25
1
295

49
1

1

34

4

3

Salisbury RR. Co

1
9
......

3

1
12

4

Central Ohio RR. Co

1
1

3
3

•2
1

55

30

Sandusky, Mansfield and Newark RR. Co.
Newark, Somerset and StraitsvilleRR.Co.
Baltimore and Philadelphia RR. Co
Pittsburgh Southern RR. Co

3

"ij>"

2

17

Columbus & Cincinnati Midland RR. Co.
Totals

8

4

262

627

96
84
41

356

30
25
10

54

""4
3

56

12
2

93
5

19

21..-)44 22,706

3.3-20' 3.453
417
1,789 1,847

Baltimore & Ohio Tar Trust No. 1
Baltimore & Ohio Equipment Trust •' A "
Baltimore & Ohio Equipment Trust " B "

Totals

8

4

TT

848

421

61

14

102

27

26,949

28,483

* Including 4 dicing cars.

t Including 1 dymograph.

42

POOR'S MANUAL — BALTIMORE AND OHIO RR. CO.

Statement showing length of railroad and other tracks on all lines owned, leased, and
controlled, September 30, 1891 :

NAME OF LINE OR BRANCH.

TERMINI OP ROAD.

L'NGTH

OF

LINE.

OTHER TR'KS.

TOTAL
TRACK.

STEEJ.
RAIL.*

2d, 3d
& 4th
tr'cks

Sidings,
etc.

From

To

Main Stem and Branches ;
Main Line

Baltimore, Md...
Mt. Clare, Md
Curtis Bay Jc., Md.
Crisp's, Md
Carroll, Md
Relay Station, Md..
Alexandria Jc., Md.
Washington, D. C..
Frederick Jc., Md..
Parkersbuig, W.Va.
Ben wood, W.Va...
Harper's F'y, W.Va.
Winchester, Va
Strasburg, Va
Green Spr'g, W.Va.
F.M.&P.Jc.,W.Va.
Graf ton, W. Va
Weverton, Md
Carroll, Md
Savage, Md
Skipnish June., Md.
Hancock, W. Va...

Canton , Md
Md. & Del. St. Line
Fairview Pa

Wheeling, W.Va...
Locust Point, Md. ..
Curtis Bay, Md.. .
At.&Va.Fer.Co.,Md
Camden June., Md
Washington, D. C.
Shepherd, D. C

M.

379.80
5.60
5.30
1.50
1.50
31.00
12 50

M.

313.75
5.60

M.
193.19
3.08
.26
.21

M.

886.74
14.28
5.56
1.71
3.00

73. as

14.69
71.33
6.00
1.40
1.10
36.32
23.72
53.89
16.77
29.71
138.69
28.99
2.32
1.55
8.50
6.67

M.

759.90
11.26
3.61

Locust Point Branch
Curtis .Bay Branch

Sea Wall Branch
Camden Cut-Off
Washington Branch
Alexandria Branch
Metropolitan Branch

1.50
31.00

3.00
67.88
4.51
65.40
3.51)
1.40
1.10
25.55
11.05
39.05
16.77
25.50
111.76
18.20
2.16
1.55
1.50
6.51

11.63
2.19

11.78
2.50

Washington Jc.,Md
Frederick, Md
Belpre, Ohio
Bellaire, Ohio

42.80
3.50
1.40
1 10

16.75

Frederick Branch

Parkersburg Bridge

Kenwood. Bridge

Winchester and Potomac RR. .
Winchester and Strasbnrg RR.
Strasburg & Harrisonburg RR.
South Branch RR
Fairmont, Morg't'n Pittsb. RR.
Parkersburg Branch
Washington County RR

Winchester, Va
Strasburg, Va. ...
Harrisonburg, Va . . .
Romney, W. Va
Morgantown, W.Va.
Parkersburg, W.Va.
Hagerstown,Md...
Clifford's, Md
Savage Factory, Md.
Toliver, Md
Berkeley Spr's,W.V

Md.&Del.State Line
Jc. P. &R.RR.,Pa.
Leipers, Pa
Park Junction, Pa..
Landenburg, Pa
Holgate Creek, Md.
Highlandtown
Mark't St., Wil., Del.
Com'l St., Wil ,Del

32.00
20.50
49.00
16.00
25.08
103.30
24.20
2.00
1.30
8.50
5.95

4.32
3.22

4.89

4!63
33.84
4.79
.32
.25

"".72

1.55

South Baltimore Branch
Patuxent Branch

Skipnish Branch ....

Berkeley Spr's & Potomac RR.

^Philadelphia Division :
Philadelphia Branch

773.83

370.15

282.59

1,426.57

1,181.16

52.60
36.80
2.40
3.80
14.30
1.60
.50
3.00
2 30

51.10
36.80

"it'.io

14.10
17.20
.30
12.00
2.70

117.80
90.80
2.70
23.20
17.00
1.60
.90
3.00
2.30
1.10
10.80
.80
.50
.50

117.41
96.72
2.40
36.01
7.60
1.60
0.45

Baltimore & Philadelphia RR.
Crum Creek Branch
Schuylkill River East Side RR.
Landenburg Branch
Sparrow's Point Branch
Highlandtown Branch

P. & R. June., Pa..
West June., Del....
Canton Md

Highlandtown Jc..
W. &N. June., Del.
W. Yard, Wil., Del

.40

Market Street Branch
South Wilmington Branch

Point Breeze Branch

Philadelphia, Pa...
East Side, Phil., Pa.
Morris St., Phil., Pa.
Stock Yard Jc.,Phil.
Swanson St., Phila.

Pittsburgh, Pa
Hickm'nRunJc.,Pa.
Salisbury June., Pa.
Grassy Run Jc., Pa.
Hocking June., Pa.
Garrett, Pa
Rockwood, Pa
O.&B.S.L.Junc.,Pa.
Gibson June., Pa. .
Broad Ford, Pa. . .
Unionto\vn,Pa. .. .
Red Stone Jc., Pa .
Glenwood, Pa
Confluence, Pa... .

Cranford, N. J

Point Breeze, Phila.
Reed St., Phila., Pa.
Snyder Av., Phila

.40
5.40
40

.70
5.40
.40

Delaware Branch
Snyder Avenue Branch . .

Stock Yard Branch
Oregon Avenue Extension

Pittsburq Division :
Pittsb 'gh & Connellsville RR. .
Hickman Run Branch
Salisbury Branch

Stock Yards, Phila
Stock Yards, Phila.

Cumberland, Md...
Cora Mines, Pa
West Salisbury, Pa.
Co-oper'e Mines, Pa.
Hamilton No. l,Pa.
Berlin, Pa

.50
.50

124.50

101.80

46.70

273.00

262.19

150.20
2.10
8.60
2.00
1.10
8.00
45.10
9.50
11.80
9.70
3.22
1.00
65.80
19.70

58.90

51.93

261.03
2.10
14.37
3.94
1.71
8.94
53.80
10.84
16.70
12.57
5.27
1.00
90.51
21 31

220.33
0.90
8.65
1.00
0.10
1.10
45.47
6.90
12.50
10.70
4.75
0.90
73.45

5.77
1.94
.61
.94
8.70
1.34
4.90
2.87
2.05

Grassy Run Extension
Hocking Extension

Berlin Branch
Somerset & Cambria RR
O. & B. Short Line, E. Div. .
Fayette County Branch
Mt. Pleasant Branch
State Line RR
Red Stone Branch

Johnstown, Pa
Leisenring, Pa
Uniontown, Pa
Mt. Pleasant, Pa..
Hutchinson, Pa. . .
RedStone, Pa...
Wheeling, W.Va..
Manor Lands, Md.

Arthur Kill Bridge..

Wheeling,Pittsb'gh & Balt.RR.
Confluence & Oakland RR. . . .

24.71
1.61

337.82

58.90

107.37

504.09

386.75

5.50

2. CO

7.50

Tot'l Mile'ge E.of OhioRiv.
Trans- Ohio System :
Central Ohio Division
St. Clairsville Branch
Lake Erie Division
Straitsville Division

1,241.65

530.85

438.66

2.21 1.1H

Bellaire, O...
St. ClairsvillftJc.,O.
Newark, Ohio
Newark, Ohio
Shawnee, Ohio
Columbus, O. .
Chicago June., O...
Parkside, 111
Chicago Junc.,O...

Columbus, Ohio . . .
St. Clairsville, Ohio
Sandusky, Ohio
Shawnee, Ohio. ...
C.H.C.&I.CosM's.O
Midland City, 0....
Parkside,Ill
Chicago, 111
Akron, O

137.30
6.53
116.25
43.86

2.84
69.80
262.60
8.40

re. 48

33 00
'l7.'i6

70.18
.97
43.71
9.31
2.04
9.87
99.47

""s.'eo

240.48
7.50
159.96
53.17
4.88
79.67
379.17
8.40
82.03

233.48
5.00
129.29

48.09

78.10
324.44
8.40

829 70

Rock Run Branch
Midland Division
Chicago Division . .

Chicago Div., Ill.Cen. Trackage
Akron Division

Total Mileage of System . .

1,965.66

580.95

•-' 11 . 1 .) 1 ,U10 . 35O

679.81 3.226.42

* The miles of steel rails given in this column are those of September 30, 1890 ; the details of each separate
line not being obtainable for 1891. The total mileage of steel rails in the system on September 30, 1891, was 2,939.76
miles, an increase over the previous year of 279.96 miles.

43

POORS MANUAL — BALTIMORE AND OHIO RR. CO.

The company also controls and operates the Valley RR. of Va., 62 miles, of which
separate reports are furnished.

Income Account for year ending September 30, 1891 (1,902.01 miles}:

Expenses

Transportation $9,177,001 20

Motive Power and Cars 3,809,438 73

Way and Structures 2,982,!)0'.) 71.

General Expenses 1,008,883 17

Earnings.— Passenger $5,974,541 53

Freight 16.813,019 92

Mail 493,541 87

Express 610,06424

Miscellaneous 63;), ±.'7 35

Total ($12,897.09 per mile) $24,530,394 91 Total ($8,979.04 per mile) $17,078,232~86

Net earnings (30.38 per cent.), $7,452,162.05. Deduct net earnings of Washington
Branch, $190,766.78— leaving net revenue, $7,261,395.27. To which add : Interest received,
$73,331 ; dividends, $511,527.60 ; house rents, $36,624.08 ; Western Union Telegraph an-
nuity, $60,000; sterling main line sinking funds, $312,149.96 ; Schuylkill River East Side
earnings, $264,289.42 ; miscellaneous receipts, $1,955.08— total available revenue, $8,521,-
272.41. From which deduct ; Interest on bonds, $4,694,530.94 ; rentals, $1,006,005.98 ; gen-
eral interest, discount on loans and premiums on exchange, $265,953.71 ; taxes, $419,408.39 ;
ground rents, $43,198.82— total, $6,429,097.84. Balance, available for dividends, $2,092,174.57.
Paid dividends of 6 per cent, on 1st and 2d preferred stock, $300,000 ; for retirement of
bonded indebtedness, $471,557.81 — total, $771,557.81. Balance, surplus for year, $1,320,-
616.76.

Statement of net earnings and income and fixed charges on the several lines of the sys-
tem, together with the profit or loss upon each for the fiscal year ended September 30, 1891 :

DIVISION?.

Gross
Earnings.

Operating
Expenses.

Net
Earnings
and
Income.

Charges, including
Cash Payments to
Sinking Funds,
Rentals, Taxes,
and Interest on
Loans and
Discounts.

Profit or
Loss.

Main Line and Branches

$
12,031.581 94
1,899,637 96
2,880,391 05
653.01210
793,294 94

344,458 26
1,365,563 97

1,106,818 50
145,026 37
2,556,814 61
27,376 38

7,417,909 37
1,343.180 67
1,898,595 30
598,800 39
632,660 89

275,258 54
1,178,021 64

851,458 97
142,909 90
2,173,093 94
30,691 20

$

4,613,67257
556.457 29
981,79575
54.211 71
160,634 05

69,199 72
187,542 33

255,359 53
2,116 47
383,720 67

def. 3,314 82
264,289 42

$

2,837,218 42
572,187 70
1,234,91882
5,419 71
204,529 29

109,748 a3
509,072 71

221,64780
50,341 72
500,358 13

16,718 02
225,000 00

P. 1,776,454 15
L. 15,730 41
L. 253,123 07
P. 48,792 OO
L. 43,895 24

L. 40,543 61
L. 321,530 38

P. 33,711 73
L. 48,225 25-
L. 116,637 46

L. 20.032 84
P. 39,289 42

Philadelphia Division

Pittsburgh Division v

Wheeling, Pittsb. & Baltimore RR. Co.
Parkersburg Branch RR

Columbus & Cincinnati Midland RR.
(Midland Division)
Central Ohio RR. (Central Ohio Div.). .
Sandusky, Mansfield & Newark RR.
(Lake Erie Division)
Newark, Somerset & Straitsville RR.
(Straitsville Di vision)
Baltimore & Ohio and Chicago RR. Cos.
(Chicago Division)
Akron & Chicago Junction RR. (Akron
Division), 2 months
Schuylkill River East Side RR

Miscellaneous Income ....

23,803,976 08

16,542,580 81

7,^25,684 69
1,259,87714

995,587 72

6,487,15565
225,000 00

P. 1,038,52904
P. 995,587 72

Less— Schuylkill River | ^9RA OQQ A9
E.S.RR. as above.... f $264,28942

Totals

8,521,27241
190,766 78

P. 2,034,116 76-
P. 178,767 17

Washington Branch

11,99961

Aggregates Entire System

8,712,039 19

6,499,155 26

P. 2,212,883 9*

SUMMARY.

Net Income of Entire System as above $8,712,039

Charges of Entire System as above •;.•!!»!>, 1 r>5 ~<>

Remainder .' ." $2,21 ^

Less— Net Earnings of Washington Branch 178,767 17

$2,034,116 76

Add -Advances for Baltimore and Ohio and Chicago Sinking Fund $36.300 00

Pittsburgh and Connellsville Sinking Fund 21,757 81

58,057 81

Balance, as per General Income Account $2,092,174 57

NOTE.— In above statement returns of main line and branches include South Branch. Fairmont, Morgantown
and Pittsburgh, Washington County, State Line and Confluence and Oakland RRs.

POOR'S MANUAL — BALTIMORE AND OHIO RR. CO.

45

Operations of Hues east of the Ohio River for year ending September 30, 1891 :

Main Stem &
Brs., inch
Wa>h. Br..
ParkBr.. F..
M. &P. It!.1.
& Conf. &
OakRR.

Philadelphia
Division.

Pittsburgh
Division.

Wheeling,
Pittsburgh &
Bait. K1J.

Total East of
Ohio River.

Miles of Railroad

799 03

124 50

25-,' 32

65.80

1,241.65

Engine Mileage— Passenger
Freight

8vHft£B4

7,484,718

1,149,109

88M76
985,352

234,044

387,097

6,152.2»i2
9,715.»123

Car Mileage Passenger

19,095,181

4,615,680

3 143 250

X93.1U1

27,747,272

Loaded Freight ....

102.382,954

13,223,247

14,153,133

3,485,388

133,244,722

Empty Freight
Passengers Carried

54.741.13S
0,285,627

5,608,381
1,827,768

8,003.328
2,405.457

1,692.931
473.237

70,135,778
11,052,069

Passenger* Carried Oiu1 Mile

159,737,851

38,414,086

34 589,804

10,256,140

242,997,890

Tons Freight Moved

12,835.2"2

4.080.938

5,911,454

1.120.073

23.947.667

Tons Freight Moved One Mile

1 ,406,356,957

163,352,808

242 131,129

55.388,344

1,867,229,238

Earnings Passenger

2,891,724

611,982

s

726. 42' J

$
221,975

4,452,101

Freiglft
Mail

9,558,379
320,472

1,060,881
5,097

2,083,750

29,488

418,807
6,039

13,121,818
361,09«

Express
Miscellaneous

382,212
398,509

40,205
181,473

32,176
8,557

8,678

2,513

458,271
591,051

Total Earnings

13.551,29(5

1,899,638

2,880.391

653,012

18,984,337

Expenses— Transportation
Maintenance of Equipment.
Maintenance of Wav

4.394,655
1,908,302
1,492,654

816,999
156,778

257,169

1,049,111
298.242
391,511

321,808
76,828
151.958

6,582,573
2,440.147
1,110.787

General

790,611

112,237

159.731

48.206

2,293,292

Total Expenses

8.586.222

1,343,181

1,898,595

598,800

12,426.799

Net Earnings

4,965,074

556.457

981,796

54,212

6.557.538

Gross Earnings per Mile
Gross Expenses p<T Mile

16,960 32
10 746 21

15.258 13
10,780 57

11,415 62
7 524 55

9,924 19
9 100 30

15.289 20
10008 29

Net Earnings per Mile

6,214 11

4,477 56

3.891 07

823 89

5,280 91

Expenses to Earnings

63 36 p c

70 71 p. c

65 73 p. C

91 70 p c

65 47 p c

Average Rate per Passenger per Mile. . .
Average Rate per Ton per Mile

1.81 c.
0.68 c.

1.59 c.
0.65 c.

2.10 c.
0.86 c.

2.16 c.
0.75 c.

i.83c.
0.70 c.

Operations of lines west of the Ohio River for year ending September

30, 1891:

Central
Ohio
Division.

Lake
Erie
Division.

Straits-
ville
Division.

Chicago
Division.

Midland
Division.

Akron
Division,
2 months .

Total
West of
Ohio
River.

Miles of Railroad — Average

143.83
535.289
934,031
2,802.333
15,062,449
5,541.026
523,084
23,595,418
2,492,667
195.175,345
$
440,738
828,201
34.391
38,261
23,973

116.25
397.111
842.530
1,864,590
12,054,407
5.4.54.275
360,146
15.109.370
1.M1.376
164,531477

273,388
773,469
28.989
28,497
2,476

46.70 271.00 69.80
31,606 1.182,786 206,819
148,500! 1,480,618 111,138
109,060 5.921.261 860.066
1,265.111 24.564,637 1,415,077
1,195,541 12.489.7:58 391,129
41.322 421.973 231.981
600,172 38,382,263 6.460,406
417,848 1,888,617 300.585
17,256,902 320.221 087) 15,926,065

!14,6J» 646,102 143,299
127.767 1,758,465! 181,049
2,071 60,929! 6,067
124 74,708 9,402
475; 16,611 j 4,641

12.78
16,930
19,675
68.639
248,139
81,113
5.986
£45.216
48,208
2,625.248

4.3^5
22,251

""soo

660.36
6,152,262
3.476,486
11,625.949
54.609,820
25,152,882
1,584,492
84.392,845
7,134,301
715-736,124
S

1,552,441
3.691,202
132,446
151,793
48,176

Engine Mileage — Passenger

Freight
Car Mileage — Passenger

Loaded Freight

Empty Freight
i Passengers Carried
Passengers Carried One Mile
Tons Freight Moved

Tons Freight Moved One Mile
Earnings — Passenger . .

Freight

Mail ."".::" .:

Express.

Miscellaneous
Total Earnings .

1,365,564' 1,106,819
H25.014 488,741
2.53,4281 173,450
196,767 107,035
102,813! 82,233

145,026
70,701
23,815
26,103
22,291

142,910
2,116
3,105.49
3,060.17
45.32
98. 54 p. c.
2.43 c.
0.74 c.

2,556,815! 344.45s
1,280,784; 118,983
379,799i 34,174
275,746 78,116
236,765 48,685

27,376
15,206
4,624
5,851
5,010

5,546,a58
2,594,428
869,291
689,618
498,097

Expenses— Transportation

Maintenance of Equipm't
Maintenance of Way
General

Total Expenses

1,178,022
187.542
9.494.29
8,190.31
1,303.98
86.27p.c.
1.89c.
0.42 c.

851.459
255,3(50
9,521.02
7,324.38
2,196.64
76. 93 p. c.
1.81 c.
0.47 c.

2,173,094
383,721
9,434.74
8,018.80
1,415.94
84.84 p. c.
1.68 c.
0.55 c.

275,258
69,200
4,934.93
3,943.53

79.91 p'.c.
2 22 c.
1.14 c.

30,691
def. 3,315
2.142.13
2,401.50
def. 259. 37
112. lip. c.
1.76 c.
0.85 c.

4,'651,434
8114,624
8,398.54
7.043.79
1,354.75
83.87p.c.
1.84c.
0.51 c.

Net Earnings

Gross Earnings per Mile

Gross Expenses per Mile

Net Earnings per Mile. . .

Expenses to Earnings
Average Rate per Passenger per Mile. .
Average Rate per Ton per Mile ... .'

46 POOR'S MANUAL — BALTIMORE AND OHIO RR. CO.

Statement of operations, main stem and branches, for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Miles of Railroad
.Engine Miles.

598.00
9,453,320

s

2,082,464
9,424,494

598.00
8,350,959
$
1,730,215
8,003,037

598.00
8,818,806
$
1,950,637
7,895,976

598.00
10,068,631

2,165,528
9,035,820

767.50
9,746,068
S
2,668.227
8,966,545

773.45
10,179,970

S

2,975,151
8,642,593

790.60
11,787,461

3,348,786
9,877,504

799.03
11,447,952
$
3,594,408
9,956,888-

Passenger Earnings

Tonnage Earnings

Gross Earnings
Operating Expenses

Net Traffic Earnings

Gross Earnings per Mile ...
Gross Expenses per Mile. . .
Net Earnings per Mile
Expenses to Earnings
Gross Earnings p. Engine M.
Oper.Expenses p. Engine M.

Net Earnings p. Engine M..
Earnings, etc., by Divisions.
Miles Operated

11,506,958
6,269,216

9,733,252
5,763,353

9,846,613

5,820,247

11,201,348
6,*58,004

11,634,772
7,043,130

11,617,744
7,295,202

13,226,290
8,548,631

13,551,29ft
8,586,222

5,237,742

19,178 26
10,448 69
8,729 57
54.48 p.c.
121. 72 c.
66.32c.

3,969,900

16,222 09
9,605 59
6,616 50
59.21 p.c.
116. 55 c.
69.01 c.

4,026,366

6,465 91
9,732 86
6,733 05
59. 10 p.c.
111. 65 c.
66.00c.

4,343,344

18,668 91
11,43001
7,238 90
61. 22 p.c.
111. 25 c.
68. lie.

4,591,642

15,15931
9,17672
5,982 59
60. 54 p.c.
119. 38 c
72.27C.

4,322,542

15,02068
9,432 02
5,588 66
62. 79 p.c.
114. 12 c.
71.66C.

4,677,660

16,729 43
10,812 84
5,916 59
64.64 p. c.
112. 20 c.
72.52c.

4,965,074

16,960 32
10.746 21
6,214 11
63. 36 p.c.
118.37C.
75.00 c.

55.40c.

47.54c.

45.65C.

43.14c.

47.11 c.

42.46c.

39.68c.

43.37 c.

1,711.25

$
11,506,958

1,695.54
9,733,252

1,807.99

9,846,613
114,767
325,320
663,044
2,098,568
1,270,476
1,013,014
2,430,085
446,259
214,291

1,821.34
8
11,201,348
718,741
380,400
676,830
2,070,033
1,283,526
1,080,463
2,599,074
465,610
183,010

1,774.49
$
10,616,692
925,125
386,701
631,379
2,189,418
1,199,282
1,088,096
2,544,968
530,369
241,462

1,790.63

10,452,472
1,361,502
457,709
707,562
2,287,531
1,255,751
1,177,519
2,731,174
645,C31
226,151

1,845.39

11,950,505
1,696,841
502,594
773,191
2,603,445
1,408,214
1,211,170
3,069,055
755,790
178,584

1,902.01

12,031,582
1,899,638
726,419
793,295
2,556,815
1,365,564
1,106,819
2,880,391
653,012
145,026

Main Stem and Branches. . .
Philadelphia Division

Washington Branch
Parkersburg Branch

335,944
643,163
2,046,880
1,169,773
1,016,508
2,294,827
141,896
168,533
112,125

315,308
547,757,
1,724,612
1,060,1(56
817,785
1,999,960
299,37-.'
118,430

Chicago Division
Central Ohio Division
Lake Erie Division
Pittsburg Division
Wheel., Pitts. & Bait, Div..
New'k Som. & Straitsv. RR.
Pittsburgh Southern RR. ..

Midland Division

262,707

344,458
27,376

24,530,395

17,078,233

Akron Division

Gross Earnings

19,436,607
11,676,307

16,616.642
10,973,585

18,422,437
12,035,742

20,659 035! 20,353,492
14,120;i31! 14,200,561

21,303,002

14,810,844

24,412,096
16,966,870

Working Expenses
Net Earnings

7,760,300 5,643,057 1 6,386,695
68.07 p. c. 66.03 p. c.^5.33 p. c.

6,538,904 6.152,931
68. 34 p. c.;69.76p. c.

6,492,158
69. 53 p.c.

7,445,226
69.51 p. c.

7,452,162
69. 62 p.c.

Expenses to Earnings

Statement showing the operations, earnings, etc., of the Eastern System and the Western
System for four fiscal years :

%

EASTERN SYSTEM.

WESTERN SYSTEM.

1888

1889

1890

1891

1888

1889

1890

1891

Miles of RR. Oper'd
Pass. Train Mileage
Fgt. Train Mileage.
Passengers Carried.
Passenger Miles
P'ght (tons) Moved.
Freight (ton) Miles.

Passenger Earnings
Freight Earnings.. .
Mail Earnings
Express Earnings..
Other Earnings ....

Total Earnings.
Operating Expenses
Net Earnings
Gross Earn. p. Mile
Gross Ex. per Mile.
Net Earn, per Mile .
Expenses to Earn's.
Av.Rate p. Pas.p.M.
Av.Rate p.Ton p.M.

1,203.10
4,999,560

8,304,185
7,120,432

'18,814,762
1,500,739,283
$
3,140,788
10,965,613
269,454
366,643
892,737

1,212.85
5,554,996
8,760,640
10,448,060
201.578,154
21,860,618
1,616,114,206
$
3,710,010
11,203,664
277,819

4io,»..7

754.4JO

1,215.40
6,169,667
10,209,613
10,593.796
228,122,913
23,233,619
1,875,830,133
$
4,168,080

1,241.65
6,152,262
9,715.623
11,052,089
242,997,890
23,947,667

1 86".229,238

$

4,452,101

571 .39
2,010,703
3,460,407

577.78
2.042,812
3,516,855
1,304,679
66,151,125
7,047,773
724,616,297

1,308,888
3,465,783
128,206
113,556
35,579

629.99
2,364,451
3,883,658
1,553,874
79,131,370
7,715,380
810,553,974
8

1,446,171
3,911,592
132,900
125,780
47,678

660.36
6,152,262
3,476,481

84,392,848

r.i^uoi

715,736.124

132,441
I51,7§

'6,218,363
680,062,750

1,121,552

13,080,055
386,609
428,353

684,878

13,121,818
361,096
458,271
591,051

3,344,161
105,491
102,478
44,575

15,635,235
10,143.400
5,491,835
12.995.79
8,431.05
4,564.74
64. 87 p. c.

" 0.73C."

16,356,050
10,840,579
5.515,471
13,485.63
8,938.10
4,547.53
66.28 p. c.
1.84c.
0.69c.

18,747,976
12,371,169
6,376,807
15,612.94
10,178.68
5,434.26
65.99 p. c.
1.83C.
0.69 c.

18,984,337
12,426,799
6,557,538
15,289 20
10,008 29
5,28091
65.47 p. c.
1.88 c.
0.70 c.

4,718,257
4,057,162
661,095
8,257.51
7,101.21
1.156.30
85.99 p. c.

4,946,952
3,970,265
976.687
8,561.90
6,871.58
1,690.41
80. 26 p. c.
1.82c.
0.48c.

r),(;r. 1.120

4,595,701
1,068,419

8,990.81
7.294.88
1.C95.93
81. 14 p. c.
1.83 c.
0.48c.

894,0M

7,048.71
1,854 .W

1.84c.
0.51 c.

0.4£c.

POORS MANUAL — BALTIMORE AND OHIO RR. CO.

47

Abstract of property and capital account for eight years :

1884

1885

1886 1887

1888 1889 1890

1891

Mile* of Railroad Owned. . .
: Steel Kails Owned.
Bnffines

454.75*
76-2.00*

aaa

466

21,096
$
14,792,566
5,000,000

23,95lUi96
1,155,140
119,152
887,908

454.75*
763.75*
666
5d4
21,408
I
14,798,686
5,000,000

454.75*
768.75*
685
526
22,210

14,792,566

5,000,000

464.76*

768.75*
756

j- 25,877

s

.14,792,566
5,000,000

456.70* ' 537.90*

793.. 50* ..
755 r,S
27,108 ; 26,701

$ $

14,792,566 14,792,566
5,000,000; 5,000,000
689,042: 689,042
75,383,000 75,483,000
3,478,210! 3,885,271
5, 142,797 : 4,911,705
• ;

537.90*

537.90*

8%

26,641

14.7!W,r,W
5,000,000
689,042
73,458,000
4,044,418
7,111,388

848
27,635

14.792,566
5,000,000
689,042
73,481,764
3,438,970
7,844,735

170,862
27,124,061

:er, etc.. Oars
Freight, etc., Cars

Common Stock
Preferred Stock
Ground Kent Liens
Funded Debt & Debentures
Loans and Bills Payable
Current Accounts and Dues.
Washington Branch
Due Sinking Funds
Profit and Loss

34,960,548
995,507

121,147
309,461

24,333,155
941,142
1,254,357
866,171

36.124,201
8,769,314
1,353,375
481,813
543,505
48,083,720

275,240; 602,2971 594,657
23,812,606, 24,118,956 25,939,440

47,703.796

47,814,616

48,047,461

Total Liabilities
Main Stem and Branches. . .
Rolling Stock
Ohio River Bridges

93,017,556
36,014,879
17,310,944
2,383,072

2,744,807

103,993,845
36,499.502
17,030,138
2,383,082
2,778,950

104,7.33,852
36,602,653
17,676,757
2.383,082
2,843,739

115,148,494
37,302,425
18,270,018
2,383,082
2,874,379
2,042,014
18,624,866
29,833,259
210,176
477,804
993,644
1,740,773
35,3:38
360,716

128-573461
36,836,234
14,532,513
2,383.082
4,660,568
2,500,000
41.695,632
9^417,820
2,570,131
10,838,664
1,025,956
1,088.865
490,388
533,608

129,482,837
37,088,191
13,771,930
2,3*3,082
4,705,636
2,507,639
41,781,662
9,536,684
2,822,027
11,580,769
1,096,621
1,156,963
565,936
485,697

131,629,511
37,270,894
13,518,060
2,386,229
4,706,259
2,618,977
44.395,362
10,750,516
1,518,028
9,934,281
1,122,947
1,587,548
912,391
908,019

132541,940
37,414,023
13,289,136
2.386,229
4,706,860
2,741,681
42.240,934
11,939,090
2,068,838
10,656,218
1,345,796
1,293,788
1,271,428
1,187,919

Real Estate.
Car Trust Equipment.

Stocks and Bonds
Advances, etc

21,786,641
9,498,857
161,787
460,861
888,469
1,502,604
33,867
230,758

21,522,943
19,307,237
418.776
518,663
909.131
1.635.351
317.288
672,884

19,194,728
22,269,112

578,996
753,809
1,504,3.50
153.929
772,696

Accounts and Loans
Sinking Funds
Uncollected Revenue
Supplies and Materials
Bills Receivable . .

Treasurer

Total Assets
Bonds in Detail:
Loan of 1880 Extended
Loan of 18^5 Extended
Bait. Loan of 1890
Sterling Loan of 1895

93,017,556

577,000
1,710,000
2,575,000
2,092,588
140,000
7,427,012
8,432,096

103,993,845

577,000
1,710,000
2,575,000
1,906.840
140,000
7,179,612
8,290,096

104,733,852

578,000
1,710,000
2,575,000
1,709,275
140,000
6,937,109
8,141,771

115,148,494

578,000
1,710,000
2,575,000
1,669,588
140,000
6,872,012
8,072,096

128-573,461

579,500
1,709,500
5,000,000
3,872,000
140,000
9,680,000
9.680,000
9,092,000
540,000
480,000

129,482.837

579,500
1,709,500
5,000,000
3,872,000
140,000
9,680,000
9,680^000
9,482,000
540,000
440,000

131,629.511

579,500
1,709,500

132,541,940

579,500
1,709,500

3,872,00(1
140.00T
9,680,OCKJ
9,680,000
12,747,000
540,000
400,000

3,872,000
140,000
9,680,000
9,680,000
13,826,000
540,000
360,000

Mortgage (N. W. Va.) ....
Sterling Loan of 1902
Sterling Loan of 1910
Coneol. Mtge. Bonds of 1988.
Alexan.Br.(W.C.&P.L.RR.
B. toBal. (P. &C. RR.)....
Bonds to M'd, 1878-88
Loan of 1983 (B. & P. RR >.
Car Trust Bonds

640,666
366,000

660,600

366,000
11,616,000

560,000
366.000
11,616,000

520,000
366,000
11,616,000
2,005,505

11,616,000
2,250,000

11,616,000
2,000,000

11,616,000
1,750,000

11,616,000
1,500,000

Total

23,959,696
7,744,000
3,000,000

34,960,548
7,744,000
3,000,000
10,000,000

34,333,155
7,744,000
3,000,000
10,000,000

36,124,201
7,744,000
3,000,000
10,000,000

54,639,000
7,744,000
3,000,000
10,000,000

54,739,000
7,744,000
3,000,000
10,000,000

52,714,000
7,744,000
3,000,000j
lO.OOO.OOOi

53,503,000
7,744.000
3,000,000
10.000.000

B'ds 1877-1927, sec. by B'ds
of B. & O. & C. RR. Co.'s.
B'ds 1879-1919, sec. by B'ds
of Parkersb, Br. RR. Co . .
B'ds 1885-1925. sec. by B'ds
Pittsb. & Conlsv. RR. Co.

* Including South Branch Railway.
Details of interest, charges, taxes, rents, etc., for the fiscal year ended Sept. 30, 1891 ;

Interest on Bonds in Funded Debt Statement, page 48 ........... S4 361 405 94

Equip. Loan, Series A, at 5 p. c., $9,000,000 for 6 months and $800,000 for 6 months' " '43 500 00

Equip Loan, Series B, at 5 p. c., $1.285,000 for 7 months, and $1,351,000 for 5 months 65 625 00

bchuylkill River East Side Railroad Company Bonds, $4,500,000 at 5 p. c. per annum 288.000 00— «4 fiQ4 Wi cu

Rentals : Central Ohio Railroad (Central Ohio Division), 35 p. c. Gross Earnings. . . 477 947 39 $4'694'530

Sandusky. Mansfield, and Newark Railroad (Lake Erie Division) ........ 201 '850 00

Newark. Somerset, and Straitsville Railroad (Straitsville Division) " . 43' 507 92

Winchester and Potomac Railroad ...................... 97 000 no

Winchester and Strasburg Railroad ........... o'qai on

Strasburg and Harrisonburg Railroad ................ 89''250 00

Washington City and Point Lookout Railroad ...... ....'..'.'.'.'.'.'...... 36'COO 00

...... .

Akron and Chicago Junction Railroad. (3 months)
Columbus and Cincinnati Midland Railroad ......

Confluence and Oakland Railroad .....

MaSem800111118 °n L°anS' ^ Premiums on Exchange'

Baltimore and Ohio and Chicago Railroad Companies'. '. . '. '. '. '. ". '. '. '. '. '. '. '. '. '. ' '. ' ' '. '. ] 76',g58 13

1KU35 87—

100 800 00

1 nn« nn*

Other Lines.

Ground Rents

Total . .

Showing a net increase compared with 1890 of $11,498.87.

419,408 39
43,198 82
$6,429,097 84

POORS MANUAL— BALTIMORE AND OHIO RR. CO.

Profit and Loss Account, for year ending September 30, 1891. — Adjustment of valuation
of rolling equipment to September 30, 1891, $330,626.13 ; interest on consolidated mortgage
bonds in the main line sinking funds, the coupons of which are payable in consolidated
mortgage bonds (on $2,647,000 for one year, $132,350 ; on $194,000 for six months, $4,850),
$137,200 ; adjustments and settlements of accounts pertaining to prior years, $339,758.28;
balance, as per general balance sheet, $27,124,060.97— total, $27,931,645.38. Contra: Bal-
ance, October 1, 1890, $25,939,439.56 ; income account for the year, $1,792,174.57 ; incre-
ment from sinking funds account of main line and Baltimore and Ohio and Chicago Railroad
Companies ($503,841.21 ; less credited income account, $312,149.96), $191,691.25 ; increment
from sinking fund Washington City and Ft. Lookout Railroad, $8,340.00— total, $27,931,-
645.38.

Statement of funded debt in detail, September 30, 1891 :

DESCRIPTION OF BONDS, ETC.

Date of

Annual Interest.

Amount
Outstand-
ing.

Annual
Interest
Charge.

Issue.

Matu-
rity.

Rate.

Payable.

Loan of 1853 Maturing at will

1853
1853

1935
1900
1895
1902
1910
1927
1919
1902
1933

1925

1988
1897
1899

1926

p.c.
4
4
6
6
6
6
5
6
6
4^

5
5

?

6
5

J. & J.
A. & O.
J. & .T.
M. & S.

M. & S.
M. &N.
J. & D.
A. & 0.
J. & J.
A. &0.

F. & A.

F. &A.
J. & J.
J. & J.

J. & J.

S

579,500
1,709.500
360,000
3,872,000
9,680,000
9,680,000
7,744,000
3,000,000
140,000
11,616,000

10,000,000

10,100,000
1,500,000
4,000,000

6,648,224

$
23,18000
68,380 00
23,40000
232,320 00
580,800 00
580,800 00
387,200 00
180,000 00
8,40000
522,720 00

500,00000

505,000 00
70,312 50
280,00000

398,893 44

Loan of 1853

Bond of City of Baltimore in 1900

Sterling Sinking Fund Loan of 187'0

1870
1872
1874
1877
1879

Sterling Sinking Fund Loan of 1872
Sterlin0" Sinking Fund Loan of 1874

Loan ot'1877 ....

Loan of 1879

Northwestern Virginia Rl{. Co

Loan of 1883

f

1
|

/
)"

1883
1885

1888
1887
1868

1876

I Secured by $10,000,000 second consoli-
Loan of 1885 •< dated mortgage bonds of Pittsb'gh &
( Connellsville RR.Co.,held by trustees
Consolidated Mortgage Bonds ....

Car Trust Bonds.

Pittsburgh and Connellsville RR.— 1st Mtge. Bonds. .
Consolidated Mtge. Bonds, Pittsburgh and Connells-
ville RR., £1,373,600 Sterling at $4.84

Consol. Mtge. Bonds in Sinking Funds — Coupons

80,629,224

3,726,000

84,355,224
10,873,460

4,361,40594
312,149 96

Total Issue

The Sinking Funds for account of above loans are as follows :

(

Cancelled
Bonds
of Issue.

Miscella-
neous
Bonds.

B. &O.

Consol.
5 per cent.

Totals.

Loan of 1870

S

417,208
378,488
45,496
665,016
80,344

1,785,204
2,429,500
959,504

S
960,000
1,242,000
1,524,000

3,162,412
4,049.988
2,529,000
665,016
467,044

Loan of 1872

Loan of 1877

Pittsb'gh & Connelsville Consol. Loan of 1875
Totals

386,700

1.586,552

5,560,908

3,726,000

Net bonded indebtedness entire system

73,481,764

Cash received from Main Line Sinking F
r""-T* Net Cash Outlay for Interest on Fun<

unds

led Debt for year ended Sept. 30

1891 . .

4,049,255 98

NOTE.— The interest on the securities in the Sinking Funds of Loans of 1870, 1872, and 1874 is turned into the
company's treasury for general purposes, and is treated as a miscellaneous receipt, amounting during the past
fiscal year to $312,149.96. The interest on the face of the loans has to be paid in full, and is therefore BO
charged. For the increments on securities in Sinking Funds of Loans of 1870, 1872, and 1874, and the annual appro-
priations, B. & O. Consolidated Mortgage Bonds are issued as provided for in the $29,600,000 Mortgage of 19th
December, 1887.

American Bank Note

76 TO 86 TRINITY PIPAGE, NEW YORK.

BUSINESS FOUNDED, 1795.— INCORPORATED UNDER LAWS OF STATK OF NEW YORK, 1858.— REORGANIZED, 1879.

ENGRAVERS + PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange, Letter Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IX THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES.

WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING.

Special papers manufactured exclusively for use

of the Company.

SAFETY COLORS. - - SAFETY PAPERS.

WORK EXECUTED IN FIRE-PROOF BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,

AND

ILLUMINATED SHOW CARDS

OF THE MOST APPROVED STYLES.
NUMBERED, LOCAL AND COUPON TICKETS, of any Size, Pattern, Style, or Device with Steel Plate Tints.

LITHOGRAPHIC AND TYF>K PRINTING,

SHOW CARDS, LABELS, CALENDARS.

Blank: Books of Kvery Description.

TRUSTEES :

JAMES MACDONOUGH, PRESIDENT.

AUG. D. SHEPARD,— VICE-PRESIDENTS— TOURO ROBERTSON.

THEO. H. FREELAND, SECRETARY & TREASURER.
JNO. E. CURRIER, ASST. SECRETARY. J. K. MYERS, ASST. TREASURER.

P. C. LOUNSBURY, JOS. S. STOUT, J. B. FORD,

i.H. PORTER, W. J. ARKELL, E. C. CONVERSE, ELLIOTT F. SHEPARD

MASSACHUSETTS, RHCV

•£JSf V r^T BRATTLEBORC

te^jswa*'* T

j*IV N(/E W

si \l^a«^ I! Winchester v
Fitzwi

\Northfield .% W5,m

Mt.Eo83(n/ |

.- alr*i%R ~o. v?y-«^.^ui^e>^"^7

^ J^j^N ^jp V%$

lit J) CfMi. ^AjfflR

^"^ /<i^kstei Granbyi
'^^^^^.^rtford 'J

Simsbui

fMUlers Athdf Templeton

arVs.Athol
°>/Williamsville^

^^?£*

^Wuro

.Falls.

iW

<T •

cfkSB

W;OR •/

tE.L^Imeadow/ Fisnale°

Jgjf/ MiP.Hi

"|y Union ' '^e^

^Stafford

Fatnanl

1 .

\D AND CONNECTICUT.

DRAWN i ENGRAVED BY AMERICAN BANK NOTE OO. NEW YORK

PARKINSON & BURR,

BANKERS AND BROKERS,
Exchange Building, 53 State Street,

BOSTON.

New York Office, 56 Broadway.

MEMBERS OF THE BOSTON AND NEW YORK STOCK EXCHANGES.

PRIVATE WIRE BETWEEN BOSTON AND NEW YORK OFFICES.
JOHN PARKINSON. I. TUCKER BURR, JR. JOSEPH M. GOODALE. WINTHROP M. BURR.

POOR & GREENOUGH,

Bankers

20 WAIX, STR.EHT, ) KIF^IIJ \7s\r* ts

Co,. Nassau Sire* NEW YORK.

INVESTMENTS IN RAILROAD BONDS A SPECIALTY,

Orders Executed on the New York and London Stock Exchanges.
CORRESPONDENCE INVITED.

POOR'S MANUAL — BALTIMORE AND OHIO RR. CO.
General Balance Sheet Baltimore and Ohio RR. Co., September 30, 1891.

49

Co*; of Road : Baltimore, Md., to Wheeling, W. Va.. including Locust Point, Curti*
Hay, Sea Wall, Frederick, South Baltimore, Patuxent, and Metropolitan
Branches, Camden Cut-Off, 2d, 3d, and 4th tracks, comprising 780.9 miles
of standard gauge single track, 210.39 miles of sidings, and including tele-
graph wires and equipments owned by the company, and value of annuity
retained under Western Union contract, depots, stations, warehouse*,
shops, fixed machinery in same, Canton Ferry, wharves in Baltimore, Phil-
adelphia, and New York, and floating equipment 837,414,022 96

Bridge over Ohio River at Benwood, W. Va 1,032,805 51

Bridge over Ohio River at Parkersburg, W. Va 1,353,423 68

Rolling Equipment : 548 engines, 259 passenger, 4 dining, 54 express, 77 baggage

and mail, 313 refrigerator, 18,678 freight and road cars 13,289,135 73

Real Estate : Cost to the Company 4,706,859 67— $57,796,247 55

Cost of other Roads owned by the Baltimore and Ohio RR. Co. :
Baltimore and Ohio and Chicago Railroad :

" b " Represented by bonds $7.744,000

"6" Represented by stock 1,503,450— $9,247,450

Fairmont, Morgantown and Pittsburgh RR. Co 636,904 24

Ohio and Baltimore Short Line Railroad 287,896 82

State Line Railroad 169,568 75

Skipnish Branch Railroad 10,435 15

Balto., Wash, and Alex. Branch of Wash. City and Point Lookout RR 540,000 00

Philadelphia Branch Railroad 7,026,328 98— 8,671,133 94

Equipment of B. and O. Car Trust : 96 engines, 30 passenger, 5 baggage, 3 refriger-
ator, and 3,356 freight cars 2,500,000 00

Betterments Account, B. and O. Car Trust, 1887 14,390 27

Betterments Account, B. and O. Equipment Trust, Series A 27,290 90

Betterments Account, B. and O. Equipment Trust, Series B 38394

Equipment Trust, Series A : Two annual payments of $100,000 each . .' 200,000 00

Equipment Trust, Series A : Equipment in excess of $1,000,000 2,598 44

Sinking Funds :

Cancelled Miscellaneous

Bonds of Issue. Bonds.

On Account Sterling Loan, due 1895 $417,208 $1,785.204

On Account Sterling Loan, due 1902 378,488 2,429,500

On Account Sterling Loan, due 1910 45,496 959,504

B. & O. Con
solidated
5 per cent.

$960,000
1,242,000
1,524,000

3,162,412 00
4,049,988 00
2,5*9,000 00

665,016 00
79,000 00—

$841,192 $5,174,208 $3,726,000

On Account Sterling Loan, due 1927

On Account Bait., Wash, and Alex. Br. of the Wash. City & Pt. Lookout RR. Co.
Uninvested Increment and Appropriations of Sinking Funds

Bonds and Stocks held by Trustees as Security for Bonded Debt :

" a " Parkersburg Branch Railroad 1st Mortgage Bonds 3,000,000 00

"6" Baltimore and Ohio and Chicago Railroad 1st Mortgage Bonds / 7,744,000 00

" b " Baltimore and Ohio and Chicago Railroad Stock f 1,445,000 00

" c " Pittsburgh and Connellsville Railroad 2d Consolidated Mortgage Bonds 10.000,000 00

"d" Wheeling, Pittsburgh & Baltimore Railroad 1st Mortgage ($5,000,000) Bonds 3,003,186 52

" rf" Washington Branch Stock 1,028,000 00

4 V Baltimore and Philadelphia Railroad Co. 1st Mortgage (£1,000,000) Bonds 4,840,000 00—

Bonds and Stocks owned by the B. and O. RR. Co

Advances for Construction and Permanent Improv's on Leased and Operated Lines

Due from other Railroads in General Account

Traffic Balance* Due from Connecting Lines

Bills and Accounts Receivable

Materials on Hand (Supplies, Fuel, etc.)

Due from Agents, Current Freight, and Passenger Balances

Cash in Hands of Agents to pay October Coupons 262,668 92

Cash in Hands of Officers and Agents 40,039 15

Cash in Hands of Treasurer 885,21141—

10,485,416 09
170,802 11

31,060,186 52

11,180,747 89

3,264,972 22

1,672,147 11

1. 271.488 17
1,21*3,788 44
1,345,7% 03

1,187,919 4«

Total Assets $132,541,939 63

50

POOKS MANUAL — BALTIMORE AND OHIO KR. CO.

Cr.

Capital Stock— 1st preferred, $3,000,000 ; 2d preferred, $2,000,000 $5,000,000 00

Common, $14,784,600 ; scrip, $7,966 14,792,566 00— $19,792,566 00

Ground Rent Liens— Capitalized at 6 per cent.— Main Stem 672,125 66

Philadelphia Branch 16,916 67— 68'.).042 3'J

Bonded Debt Secured by Mortgage Lien, Main Line :

Loan 1853, due 1880, extended at 4 per cent., January and July 579,500 00

Loan 1853, due 1935, extended at 4 per cent., April and October. . .$2,500,000

Less paid and cancelled 790,500—1,709,50000

Loan 1875, due 1,900, purchase of City's interest in P. & C. RR 1,000,000

Less 16 annual payments to July 1, 1891, of $40,000 each ; 9

annual payments yet to be made, 6 p . c 640,000— 360,000 00

Loan 1870, due 1895, £800,000 Sterling at $4.84, March and September, 6*. .'. 3,872,000 00
Loan 1872, due 1902, £2,000,000 Sterling at, $4.84, March and September, 6# . 9,680,000 00
Loan 1874, due 1910, £2,000,000 Sterling at $4.84, May and November, 6^. ... 9,680,000 00— 25,881,000 00

Bonded Debt Secured by Mortgage Lien, and Collateral :

"e" Loan 1883, due 1933, £2,400,000 Sterling at $4.84. April & Oct., Phila. Br., ±\% 11,616,000 00
" d" Loan 1887, due 1988, Consolidated Mortgage, Aug. and Feb., Main Stem, 5*. 10,100,000 00
" d " Loan 1887, due 1988, Consolidated Mortgage, Aug. and Feb., Main Stem, 5,«,

held in sinking fund 3,726,00000— 25,442,00000

Bonded Debt Secured by Collateral :

" a " Loan 1879, due 1919, Parkersburg Branch Loan, April and October, 6% 3,000,000 00

"6" Loan 1877, due 1927, £1,600,000 Sterling at $4.84 (B. & O. & C.), June &Dec., 5# 7,744,000 00
"c" Loan 1885, due 1925, on account Pittsburgh & Connellsvi'le, Feb. & Aug., 5# 10,000,000 00

Loan 1887, due 1897, Car Trust Bonds, January and July, 4|£ $2,500,000

Less 4 payments (6 annual payments yet to be made) 1,000,000 -1,500,000 00— 22,244,000 00

Bonds Assumed by the Baltimore and Ohio RR. Co.:

Northwestern Virginia Railroad Co., 6^ 140,000 00

Alexandria Branch of the Washington City and Point Lookout RR., 6% 540,000 00— 680,000 00

Due to the Sinking Funds in b% Consolidated Bonds 105,240 08

In Cash 65,562 03— 170,802 11

Dividends and Coupon Interest uncalled for 27,113 55

Due to the Baltimore and Ohio Employees1 Relief Department 285,039 46

Washington Branch Railroad, including Annuity of $20,000. 915,356 71

Due to other Roads on General Account 426,585 67

Traffic Balances due to Connecting Lines 338,837 80

Accrued Interest on Funded Debt and Loans to September 30, 1891 1,200,571 01

Accrued Rentals to September 30, 1891 120,223 09

Accrued Taxes to September 30, 1891 278,721 26

Special Loans and Bills Payable 3,438,970 26

Accounts Payable :

Pay Rolls for September, payable in October 958,851 36

Accounts Payable 1,858,234 06

Individuals and Companies 625.923 15

Unclaimed Wages 31,823 42

Wages Attached 10,217 42— 3.485,049 41

Profit and Loss 27,124.060 97

Total Liabilities $132,541,939 6&

[NOTE.— The letters "a," "6," "c," "tf,"and "«," on both sides of the above balance sheet, show the
relation between the several items to which they are prefixed.]

The loan of 1850-1880 was extended when it became due in the latter year, and is now
redeemable at the option of the company. The loan of 1853-1885 was extended at 4 per ct 11;.
to October 1, 1935.

The sterling sinking fund bonds of 1870-1895 are secured on the main stem, Baltimore to
Wheeling, 379.80 miles, and are redeemable by action of the sinking fund (£16,000 per annum),
which is applied annually in March to purchase of these bonds, if not above par ; but if above
par the fund may be invested in other securities.

The sterling sinking fund bonds of 1872-1902 are of £200 each ; are secured on mair

POOR'S MANUAL — BALTIMO11E AND OHIO RR. CO. 51

stem. 379.80 miles, and Washington to Point of Rocks branch, 42 miles ; and are redeemable
by action of an annual sinking fund of £24,000 which is to be applied semi-annually to pur-
chase of these bond*, if below par, but if above par the fund may be invested in other
securities.

The sterling: Kinking fund bonds of 1874-1910 are of £200 each, and in other respects
are similar to and secured in same manner as the bonds of 1872-1902, with the additional
security of being a mortgage on all appurtenances and equipments of the company, and with
the exception that the sinking fund is £18,000 per annum, applied semi-anuually.

The 4^ per cent, sterling loan of 1983 is a direct obligation of the company, and is spe-
cially secured by a pledge of all the first mortgage bonds of the Baltimore and Philadelphia
Railroad, amounting to £1,000,000, and by a first mortgage on the Philadelphia branch. The
bonds for £200 each, coupon and registered (convertible at will), are free of all taxes, and
mature April 1, 1933. The Baltimore and Ohio RR. Co. is under obligation that no mortgage
shall hereafter be placed upon its main line that will impair or take precedence of this.

Principal and interest is payable in London by Baring Bros, and Co. on sterling bonds of
2870-95, and of 1872-1902 ; of 1874-1910 by J. S. Morgan & Co. ; on 4is by Brown, Shipley
& Co. The sterling bonds are free of all taxes.

In accordance with the agreement with the City of Baltimore, the sixteenth annual
payment, namely, $40,000 of the principal of the bonds for one million dollars given for the
purchase of the interest of the city in the Pittsburgh and Connellsville Railroad Company
has been made, thus reducing this obligation to $360,000.

The $7,744,000 (£1,600,000) five per cent, sterling bonds, 1877-1927, are redeemable by
action of sinking fund of €7,500 per annum and are secured by an equal amount of mortgage
bonds of the B. & O. & C. RR. Cos., of the same date, bearing 6 per cent, interest, and
28,900 shares ($1,445,000) of capital stock of said companies, both placed in the hands of
trustees.

The $3,000,000 six per cent, bonds, 1879-1919, are secured by same amount of mortgage
bonds of Parkersburgh Branch RR. Co. of same date, bearing 6 per cent, interest and placed
in hands of trustees.

The $10,000,000 5 per cent. $1,000 gold bonds, 1885-1925, are secured by pledge of an
equal amount of Pittsburgh and Connelly ville 5 per cent. 2d consolidated mortgage bonds
held by trustees. These bonds, so pledged, are secuied by mortgage of the entire line of the
Pittsburgh and Connellsville RR. Co. and its leased line, the Fayette Country RR., of certain
stocks and bonds of branch lines and upon terminal and other properties. The P. & C. RR.
Co. undertakes that no mortgage or other lien shall be created that shall impair or take pre-
cedence of the mortgage securing these bonds. Principal and interest payable in gold in Xe w
York. Trustee: Union Trust Co., New York. Listed on the New York Stock Exchange.
Also quoted at London and Manchester, England.

The car trust bonds are dated January 1, 1887 ; interest payable January and July ; prin-
cipal in ten annual 'payments of $250,000 each, the first, or Class A, on January 1, 1888, and
the tenth, or class K, on January 1, 1897. The bonds are a direct obligation of the company,
and are additionally secured by mortgage on the new rolling stock acquired through the car
trust ; and the entire original lien will hold till the payment of the last bond. The bonds
are for $1,000 each, and are coupon, with privilege of registration. Interest payable at the
office of the tru>tee, the Mercantile Trust and Deposit Co., Baltimore, Md.

The consols are $1,000 gold coupon bonds with privilege of registration, interest pay-
able, tax free, at the office of the Union Trust Co., New York, N. Y., February and August,,
and the principal February 1, 1988. The amount authorized is $29,600.000 of which $10,-
100,000 are outstanding, and the remainder is held to retire the residue of the main line
mortgage indebtedness not provided for by the existing sinking funds. The mortgage covers
the main line and branches between Baltimore and Wheeling (exclusive of the Washington
branch), the two Ohio River bridges, the company's Washington branch stock, and the entire
amount of Wheeling, Pittsburgh and Baltimore RR. Co.'s 1st mortgage bonds. Trustee:
Mercantile Trust and Deposit Co., Baltimore, Md.

52

POOE S MANUAL — BALTIMOKE AND OHIO SYSTEM.

BONDS FOB WHICH THE COMPANY IS GUARANTOR, PRINCIPAL AND INTEREST.

The bonds for which this company is guarantor are as follows :

First mortgage 4.J per cent, bonds of the Baltimore and Ohio Southwestern Railroad Company $11,000,000

First mortgage 5 per cent, bonds of the Schuylkill River East Side Railroad Company 4,500,000

Second mortgage 5 per cent, bonds of the Staten Island Rapid Transit Railroad Company 2,500,000

First mortgage 6 per cent, bonds of the Valley Railroad Company of Virginia (held in sinking funds) . . 326,000

First mortgage 6 per cent, bonds of the Winchester and Potomac Railroad Company 147,250

The annual interest on these bonds is $8,835, and is paid out of the rental.

On July 9, 18S4, the Pittsburgh and Western Railroad Company became the lessee of the Pittsburgh,
Cleveland and Toledo Railroad, and bound itself to pay from the earnings of the P. & W. and P.,
C. & T. Companies the annual sum of $144,000, in equal monthly installments, being the interest

at 6 per cent, upon 2,400,000

of the first mortgage bonds of the P. C. & T. RR. Co. The Baltimore and Ohio RR. Co. by a con-
tract of the same date with the P. & W. RR. Co., agreed to see that the amount aforesaid was paid
by the P. & W. RR. Co., and, in case of its failure to pay the same, the B. & O. Company becomes
entitled to the lease of the P., C. & T. RR.
Consolidated mortgage 6 per cent. Sterling bonds of Pittsburgh and Connellsville RR. Co. (£1,373,600). 6,648,224

First mortgage 5 per cent, bonds of the Baltimore and New York Railway Company 350,000

First mortgage 5 per cent, bonds of the Monongahcla River Railroad Company 700,000

Interest upon the first mtge. 5 p. c. bonds of the West Virginia and Pittsburgh RR. Co., amounting to. 4,000,000

Columbus and Cincinnati Midland:

First mortgage 4J per cent, bonds of the Columbus and Cincinnati Midland RR. Co., amounting to 2,000,000

have been guaranteed by the Central Ohio Railroad Company as reorganized, and the Baltimore and
Ohio Railroad Company has covenanted that the C. O. RR. Co. will comply with its guarantee.

4J- per cent, debenture bonds of the Columbus and Cincinnati Midland Railroad Company, amounting to 240,000
These debentures are payable January 1, 1895, and are guaranteed in the same manner as the above

bonds of the Columbus and Cincinnati Midland Railroad Company.

INTEREST FOR WHICH THE COMPANY is GUARANTOR.

: Semi-annual dividends of H percent., from and after January 1, 1895, upon the 3 percent, preferred

stock of the Columbus and Cincinnati Midland RR. Co., amounting to 1,000,003

• On July 9, 1884, the Pittsburgh and Western Ry. Co. became the lessee of the Pittsburgh, Cleveland
and Toledo RR., and bound itself to pay from the earnings of the P. & W. and P. C. & T. Cos.
the annual sum of $144.000, in equal monthly instalments, being the interest at 6 per cent. upon. . 2,400,000
of the first mortgage bonds of the P. C. & T. RR. Co. The Baltimore and Ohio RR. Co., by aeon-
tract of the same date with the P. & W. RR. Co., agreed to see that the amount aforesaid was paid
by the P. & W. RR. Co., and, in case of its failure to pay the same, the B. & O. Company becomes
entitled to the lease of the P. C. & T. RR.

'Interest upon the first mortgage 5 per cent, bonds of the West Virginia and Pittsburg RR. Co, amount-
ing to 4,000,000

Annual meeting, third Monday in November. Books close for annual meeting on or
about 8th of saine month ; for dividends, on or about 25th of April and 22d of October.
Bonds and stocks listed as follows : On New York Stock Exchange, $3,000,000 6 per cent. ;
Parkersburg Branch loan of 1919, $10,000,000 5 per cent, gold bonds of 1885-1925, and $10,-
100,000 5 per cent, consolidated mortgage gold bonds of 1888-1988. On Baltimore Exchange,
common, preferred, and Washington Branch stocks. On London Exchange, B. & 0. 6 per
cent, bonds of 1895, 1902, and 1910 ; 5 per cent, bonds of 1927, and 4£ per cent, bonds of 1933.

EXTRACT FROM THE COMPANY'S REPORT FOR 1891.

Construction and Betterments.— Aggregate expenditures for the year have been, $1,001,902.06 ; for tho fiscal
year of 1890 they were, $1,395,422.50 ; an increase of $208,4*9.56. As in the two preceding years, a large expenditure
made in betterments is included in -operating expenses. The above mentioned sum of $1,601,902.06 has been
charged to the different investment accounts to which the expenditures appertained as follows : Lines east of
Baltimore, $421,124.83; main stem and branches, $766,361.97 ; Pittsburgh Division, $232,326.10 ; trans-Ohio Divi-
sion, $182,089.16.

Equipment T^vst for $2,000,000.— Of the equipment trust loan, series B, of $2,000,000, referred to in last
report as made with the finance company of Pennsylvania, there has been expended $1,377,278.09 for 41 locomo-
tives, 10 passenger, 3 combination, 4 baggage and 1,795 freight cars, leaving still unexpended $622,721.91 of this
loan to be expended for equipment to be constructed. The terms of this equipment trust require the payment of
one-tenth of the principal annually on the first of November of each year, commencing with November 1, 1891.

Sinking Funds. — The company has maintained through the year its cash appropriations to the sinking funds
of its sterling loan due in 1927, and the P. & C. consolidated mortgage loan due in 1926. These two sinking funds
now amount to $1,132,060.

The investments for the appropriations and increments of the main line sinking funds have been made in
the consolidated mortgage 5 per cent. 100-year bonds of this company, and now amount to $3,726,000 in these
bonds, in addition to $5,174,208 of other first-class interest-bearing bonds.

POOR'S MANUAL — BALTIMORE AND OHIO SYSTEM. 53

of J-:</n',p,i,,i,t Truxt Bom t*. Th>' equipment tract obligations of the company have been issued
is follows : Car trust of 1SS7. $2.500,000 ; equipment trur-t, series A. 1889, $1,000,COO ; equipment trusi. »
189D, $2.000,000— total, $5,500,000. Ten per cent, of the principal sum is payable annually, and there has been
Accordingly paid as follows : Car trust loan of is*7, f,,r $2.500,000. four annual payments, aggregating $1,000,000;
the equipment trust loan of 18*9. series A. for $l,<)<>o,ooO, two annual payments, $200,000- total, $1,200,000, with
*G22,721 1*1 of series B yet to be expended in equipment.

\a Division.— The business, on the Philadelphia Division continues to steadily improve. As com-
pared with IS'.to the busine>s for ism shows an increase in gross earnings of 8202,797.35, or 11.95 per cent., and in
net earnings an iiicre;i<e of $100,223.14, or 23.59 per cent.

n Mauri /fttii'ni Transit Railroad— la which the B. & O. Co. has a large interest, shows the following
:is the results of its operations for the fiscal year ended September 30, 1891 : Gross earnings, $1,025.597.69 ; oper-
itin" expenses $631,599.61 : net earning, $393,998.08. Deducting from this $355.074.55 for interest, rentals, and
leaves a surplus of $38,!»23.53. as against $32,52<).27 for 1890.

fton Km! i, i » /tin 'n >• Railroad. — This is a narrow gauge line, extending from Grafton to Belington, 41
miles. It is now being changed into a standard gauge road, with the view of making connection at Belingtc-n
with the West Virginia Central and Pittsburgh. It is now beingchanged into a standard gauge road, with view of
making connection at the latter point with the West Virginia and Pittsburg Ry. It will then be an important
hpk in an important line from this section of West yirginia to Pittsburgh.

Akron and Chicago Junction Railroad. — This line came under the control of the B. <fc O. RR. Co. on the
1st of August, 1891, and was on that date opened for freight traffic alone. It will shortly be opened for general
business, when the B. & O. RR. will begin to realize the benefit anticipated in the completion of this link in its
line to Chicago.

\\'f,tf Virginia and Pittsburgh Railroad.— This line has been completed from Clarksburg to Braxton Court
House, 70 miles, and from Weston ria Buckhannon to Xewlon, 40 miles, making a total of 110 miles of completed
railroad. The roadbed and masonry are completed from Newlon to Pickens. 10 miles, and from Sutton to the
Gaaley River. 40 miles, a total of 50 miles. On a portion of these 50 miles a track is now being laid, with the
view of completing the entire line in the spring or early summer of 1892.

Baltimore Belt Railroad . — Satisfactory progress is being made in the construction of the Baltimore Belt
Railroad, extending from Cainden Station, by tunnel and surface line through and around Baltimore, to Bay View
Yard, on the Philadelphia Division of this company, a distance of seven miles.

PUttbvrgh urnl Western Railway.— A. controlling interest in the Pittsburgh and Western Railway has recently
been purchased for $2,161,800 jn common stock of the Baltimore and Ohio Railroad Company at par.

The line is as follows : From Allegheny City, where it owns extensive terminals, through the iron region of
Western Pennsylvania and Eastern Ohio, to Akron, Ohio, including its leased line of the Pittsburgh, Cleveland
and Toledo Division, 135 miles : with a branch line from Niles Junction to Fairport. on Lake Erie, 53 miles ;
and a narrow gauge line from Gallery Junction to Mt. Jewett, Pa., 140 miles — total, 328 miles.

The control of this system furnishes the B. & O. connections with Lake Erie and Cleveland. It completes
the company's line from Baltimore to Chicago, with grades and other physical conditions as advantageous as,
other existing lines. The purchase provides for the necessary funds by the Pittsburgh and Western Railway
Company to put the line in thorough condition as a link in an important through line.

Union Stock Yards.— In 1881 the B. & O. RR. Co. became the ovyner of the Claremont Stock Yards, located
on the old Main Line, 1J miles west of Mt. Clare, Baltimore. Md.. since which date it has been operating these
yards for the conduct of its stock business. During the past year, the "Union Stock Yard Co. of Baltimore
County " has been formed, and to this company the Claremont Stock Yards have been sold, the B. & O. RR. Co.
retaining an interest in the Union Slock Yard Company.

RAILROADS OWNED OR LEASED BY THE BALTIMORE AND OHIO RR. Co.

AKRON AND CHICAGO JUNCTION RAILROAD. -Chicago Junction. O.. to Akron June
tion, 76.67 miles. Sidings. 9 miles. Gauge, 4 ft. 8} in. Rail (steel), 67 Ibs. Chartered February 17, 1890 ; and
road opened August 1. 1801. This line connects the Chicago Division of the B. & O. RR. with the Pittsburgh,.
Western and Valley Rys. at Akron. Leased for 999 years to the Baltimore and Ohio and Chicago RR. Co.. whose
road is owned entirely by the B. & O. RR. Co., and the lease is assumed and guaranteed by the latter company.
Capital stock (par, $100 authorized). §2,250,000. Funded debt consists of §1.500.000 1st mortgage 5 per cent, gold
bonds, due 1930, interest payable May and November in New York City. These bonds are coupon. $1-000 each-
with provision for registration of principal ; issued at the rate of $20,000 per mile, covering all property, both real
and personal, now owned or hereafter to be acquired. Interest guaranteed unconditionally by the Baltimore and
Ohio and the Baltimore, Ohio and Chicago RR. Cos. THOMAS M. KING, President. Baltimore. Md.: Henry M.
Keim, Secretary, Cleveland, 0.; W. H. I jams, Treasurer ; W. T. Thelin, Auditor, Baltimore, Md. PRINCIPAL
OFFICE. Akron. O.

BALTIMORE AND OHIO AND CHICAGO RAILROADS (CHICAGO DIVISION, BALTIMORE
AND OHIO RR. SYSTEM). — Line of Road: Chicago Junction, Ohio, to Baltimore Junction. 111.. 262.60 miles.
Trackage: Illinois Central RR. :" Baltimore Junction, 111., to Chicago, 111., 8.4 miles— total length, 271 miles-
Second track. 17.10 ; sidings, etc., 99.04 miles. Total track owned. 378.74 miles. Gauge, 4 ft 8J- m. Rail (steel,
279.70 milesi, 60, 64, and 67 Ibs. Organized March 13, 1872. as the Baltimore. Pittsburgh and Chicago Ry. Co. :
road opened November, 1874. Built and owned by Baltimore and Ohio RR. Co. In 1877 the present name was
adopted. Company owns 364 box cars.

Income for year ending June 80, 1891, $2,521, 272.58. Expenses and taxes, $2,242.421.75. Net income. $278,-
&50.83. Paid interest on bonds, $464,640. Deficit for year, 55185.789.17. Financial Statement, June 30, 1801.—
Capital stock (par, $50), $1,503,450 ; funded debt, sterling. 6 per cent, coupon bonds, interest June and December,
due June 1, 1927 (£1,600,000), $7.744,000 : floating debt. $10.141.198.46— total. $19,388,648.46. Cost of road and
equipment. $14,836, T69.88. The B. & O. RR. Co/holds 30,069 shares (being the total issue) of this company's
fltock. The bonds are secured by a first mortgage on the entire line (262.6) miles, and also by 27,000 shares (par,
$50) of stock of the Baltimore, Ohio and Chicago RR. Co., of Ohio and Indiana, and 1.900 shares (par. $50) of the
stock of the B. <fc O. & C. RR. Co. of Illinois. The bonds issued under this mortgage, together with 28.900 shares
of stock, were placed in the hands of trustees, as security for an issue by the B. & O. RR. Co. of the same amount
of 5 per cent, bonds, amounting to $7,744,000. In addition to the*er sums, the B. & O. RR. Co. has advanced to
this company $10.141,198.46. Trustees of bonds. Egistp P. Fabbri, Robert Garrett. and William F. Burns. Dur-
ing the past year the floating debt of the company was increased by §54.424.14. which was expended for construc-
tion, etc. Interest payable at London and New York. Annual meetings. Wednesday and Thursday following
third Tuesday in April. ORLAND SMITH, President, Baltimore, Md. : G. A. Richardson, Secretary and Treasurer,
Chicago, 111. ; William T. Thelin, Auditor, Baltimore, Md. PRINCIPAL AND TRANSFER OFFICES, Chicago, 111.

BALTIMORE AND PHILADELPHIA RAILROAD.— Delaware-Maryland State Line to Junc-
tion Chester Branch of Philadelphia and Reading RR.. 36.80 miles. Landenbero Branch ; West Junction, Del.,
toLandenberg Pa., 14.30 miles : Cram Creek branch, 2.40 miles; branches in Wilmington. Del., 5.30— total, 58.80
milep. Second track, 36.80 miles ; sidings, 18.90 miles. Gauge, 4 ft. 8| in. Rail (steel, 92.7 m.), 60, 64, and 67 Ibe.

54 POOR'S MANUAL — BALTIMORE AND OHIO SYSTEM.

Consolidation in 1883 of the Delaware Western RR. Co., and the Baltimore ami Philadelphia Ry. Co. (See MAN-
UAL for 1891.) This road forms a part of the Baltimore and Ohio ro.'s Philadelphia Division, which was opened
through September 19, 1886. It is operated by the Baltimore and Ohio, but without a lease. Equipment owned :
Locomotive engines, 3. Cars— passenger, 3 ; baggage, mail, etc., 2 ; freight, 17— total, 22. The company reports
an income during the year ending June 30, 1891, of $764,717.79 ; expenses and taxes, $708,059.95 ; net income
$56,657.84. Financial Statement, June 30. 1891.— Capital stock, $5,000,000 ; funded debt, 1st mortgage 4J per cent.
50-year bonds, due 1933, interest April and October (£1,000,000 sterling), $4.840,000; current liabilities, $1,887,108.06
—total, $11,727,108.06. Contra ; Cost of road, $9,840,000 ; rolling stock. $20,953.83 ; profit and loss, $1,866,154.23—
total, $11,727,108.06. THOMAS M. KING, Preside/it, Philadelphia, Pa. ; J. T. Odell, Yicf-Prexirle.nt and Gen* nil
Manager, Baltimore, Md. ; W. H. Ijams, Treasurer, Baltimore, Md. ; J. C. Farra, Secretary, Wilmington, Del. ;
W. T. Thelin, Auditor, Baltimore, Md. CORPORATE OFFICES, Philadelphia, Pa., and Wilmington, Del. Trans-
fer Office, Baltimore, Md.

BALTIMORE BELT RAILROAD.— Under construction from Camden Station, by tunnel and sur-
face line through and around Baltimore, to Bay View Yard, on the Philadelphia Division of the'B. & O., 7 miles.
Chartered December 14, 1888. Under a perpetual and irrevocable contract, dated January 6, 1890, the Baltimore
and Ohio RR. Co. will operate this road. The B. & O. controls the entire common stock of this company and
guarantees the unconditional payment of interest on its bonds ; the guarantee of interest being endorsed on each
bond. Capital stock, $6,000,000 ; funded debt, 1st mortgage 5 per cent. 100-year $1,000 gold coupon (with pro-
vision for registration) bonds, due November 1, 1990, interest payable May and November, $6,000,000— total,
$12,000.000. Trustee of bonds, Mercantile Trust and Safe Deposit Co., Baltimore, Md. Interest payable at the
office of Brown Brothers, New York, N. Y., or at Baltimore, Md. WILLIAM GILMORE, President ; W. H. Ijams,
Treasurer ; E. J. Silkman, Secretary, Baltimore, Md.

BERKELEY SPRINGS AND POTOMAC.-Hancock to Berkeley Springs, W. Va., 5.95 miles.
Sidings, 0.56 mile. Built in 1888 by the Baltimore and Ohio RR. Co., under an agreement \vherebjr the Baltimore
and Ohio received in payment for its expenditure $60,000 bonds secured on the road. Earnings, 1890-91, $7,108,-
88 ; expenses and taxes, $10,365.01 ; deficit. $3,256.13. Capital stock, $30,000 ; unfunded debt, $67,150.10— total,
$97,150.10. Contra : Cost of road and equipment, $87,144.91 ; profit and loss, $10,005.19— total, $97.150.10. B. F.
DE FORD, President ; D. Pratt Wright, Vice- President ; J. T. Trego, Secretary ; Samuel Whisner, Treasurer.
CORPORATE OFFICE, Baltimore, Md.

BERLIN RAILROAD.— Berlin Station, Pa., to Garrett, Pa., 8 miles. Sidings, 0.93 mile. Gauge, 4 ft.
8f- in. Rail (steel, 0.3 mile). 60 Ibs. Opened in January, 1876, as Buffalo Valley RR. ; reorganized in July, 1879.
Receipts in 1890-91, $6,865.38 : expenses and taxes, $16.702.65 ; deficit, $10,337.27. Financial Statement, June 30,
1891.— Capital stock (par, $50), $50,000 ; due other corporations, $58,806.91— total, $108.806.91. Contra: Cost of
road, $50,425.09: profit and loss, $58,381.82. J. B. WASHINGTON, President, Pittsburgh, Pa.; W. H. Ijams,
Treasurer, Baltimore, Md. ; A. W. Black, Secretary, Pittsburgh. Pa. CORPORATE OFFICE, Pittsburgh, Pa.

CENTRAL OHIO RAILROAD (CENTRAL OHIO DIVISION BALTIMORE AND OHIO SYSTEM).— Line of
Road: Bellaire, Ohio, to Columbus, Ohio, 137.30 miles ; St. Claire Junction to St. Clairsville, O., 6.53 miles. Sec-
ond track, 33 ; sidings, 67.95 miles. Gauge, 4 ft. 8J in. Rail (steel. 142.30 miles), 60, 64, and 67 Ibs. Chartered
February 8, 1847; road opened in 1854; reorganized November 1, 1865. Leased to the B. & O. RR. Co. until
December 1, 1926 (lease subject to perpetual renewal thereafter), the rental being 35 per cent, of gross earnings.
The section from Newark to Columbus, 33 miles, is owned jointly by this company and the P., C., C. & St. L. Ry.
Co. (See MANUAL for 1891.) Rental, 1890-91, $476,323.72 ; other receipts, $11,845.82— total, $488,169.54. Pay-
ments : Interest on bonds, $139,375 ; sinking fund and other charges, $38,906.94 ; dividends (January and July, 3
per cent, each), $171,594— total, $349.875.94. Surplus, $138,293.60.

Financial Statement .— Capital stock ($50 shares), $2,859,000; funded debt, $2,850,000 ; income balance, $1,-
861,602.79— total, $7,571,502.79. Contra : Cost of road and equipment,, $6,945,870.50 ; all other assets, $«2!U>32.29
— total, $7,571,502.79. Funded debt consists of consolidated first mortgage coupon bonds, dated July 21, 1886 ;
mature September 1, 1930 ; interest, 4* per cent., payable semi-annually at Baltimore ; bonds, $1,000 each : princi-
pal and interest payable in gold ; trustees, Mercantile Trust and Safe Deposit Co., Baltimore, Md. As against
the first mortgage bonds, there are in the sinking fund held by the trustees, $772,000 of such first mortgage bonds,
and other securities of different kinds valued at $160,000. Holders of first mortgage bonds which matured Sep-
tember 1, 1890, had the privilege of exchanging their bonds for consols. JAMES H. COLLINS, President, Colum-
bus, O. ; W. H. Ijams, Treasurer, Baltimore, Md. ; P. C. Snead, Secretary, Chicago, 111. CORPORATE OFFICE,
Columbus, Ohio. Transfer Office, Baltimore, Md.

COLUMBUS AND CINCINNATI MIDLAND RAILROAD.-Columbus, O., to Midland
City, O., 69.8 miles. Sidings, etc., 9.21 miles. Rail (steel), 60 Ibs. Chartered as Columbus and Cincinnati RR.
Co., April 13, 1882 ; name changed November 6,1882 ; road opened November 17, 1884. Leased for 999 years from
January 1, 1890, to the Central Ohio RR. Co. and lease assigned to the Baltimore and Ohio RR. Co. ; rental, inter-
est on bonds, and 3 per cent, dividends on preferred stock; dividend payments to commence with January 1, 1895,
" unless said stock be redeemed at not less than its par Aralue " at any time after January 1, 1893. Capital stock —
common, $2,000,000 ; preferred, $1,000,000 ; funded debt ($2,000.000 first mortgage 4.} per cent, bonds, due Janu-
ary 1, 1935, interest payable January and July ; $240,000 5-year 4£ per cent, debentures, due January 1, 1895. inter-
est payable January and July), $2,240.000— total, $5,240,000. Cost of road, $3,481,878.63 ; equipment, $256,319.89 ;
real estate and buildings, $465,600— total, $4,203,797.92. The preferred stock was issued to the Baltimore and
Ohio Railroad Co., in consideration of the guarantee under the lease, and is to be exchanged for the common
stock at the rate of one share for two. The first mortgage bonds were originally 6 per cents., issued in 1884, to
fall due January 1, 1914, but the due date has been extended to January 1, 1939, and the interest reduced to 44 per
cent, per annum. ORLAND SMITH, President, Cincinnati, O. ; Theo. H. Butler, Treasurer ; S. P. Peabody, Secre-
tary, Columbus, O.

CONFLUENCE AND OAKLAND RAILROAD.— Confluence, Pa., to Yough Manor, Md., 19.70
miles. Sidings, 1.54 miles. Built in 1889. Leased to the Baltimore and Ohio RR. Co. for 999 years from May 1,
1890, the rental being interest on $200,000 first mortgage 5 per cent, bonds. The B. & O. will receive at par $20,-
000 of these bonds per annum, in payment of freight accruing to it on interchanged traffic, and the bond- s<>
received are to be cancelled. Famines, 1890-91, $20,284.14; expenses and taxes, $21,381.10; deficit, $1,09*;.%.
Capital stock, $200,000 ; funded debt, first mortgage 5 per cent, bonds, dated May 1, 1890, due November 1, 1914,
interest May and November, $200,000— total stock and bonds, $400,000. Interest payable at Philadelphia. Pa.
THOMAS M. KING, President; W. H. Ijams, Treasurer, Baltimore, Md. ; J. B. Washington, Acting Secret or;/,
Pittsburgh, Pa. GENERAL OFFICE, Pittsburgh, Pa.

FAIRMONT, MORGANTOWN AND PITTSBURGH RAILROAD.-Fainnont to Morgan-
town, W. Va., 24.70 miles. Sidings, etc., 4.24 miles. Gauge. 4 ft. 8£ in. Rail (25.09 miles), 64 Ibs. Road opened
February 16,1886. Operated by the Baltimore and Ohio RR. Co. Earnings, 1890-91, $69,970.57 ; expenses and
taxes, $50,191.53 ; net earnings, $19,779.04. Capital stock, $200,000. Cost of road, $636,904.24. Annual meeting,
second Wednesday in December. THOMAS M. KING, President; W. H.. Ijams, Secretary and Treasurer, Balti-
more, Md.

NEWARK, SOMERSET AND STRAITSVILLE RAILROAD. (STRAITSVILLE DIVISION,
BALTIMORE AND OHIO SYSTEM.) —Main Line, Newark, O., to Shawnee, O., 43.86 miles : Branch. Shawnee toJob'8

POOR'S MANUAL — BALTIMORE AND OHIO SYSTEM. 55

M miles— total, 46.70 miles. Sidings, etc., 11.15 mile*. Gauge. 4 ft. 8j in. Rail (steel, 46.70 miles), 60,
W anil 67 ibs. Ovnni/ed April 3, 1807. Road completed and opened ,1, -in nary 1. 1H1'2. Leased to the Sandusky,
Man-field and Newark RH. Co. till November 1, 1989, the lease being subject to perpetual renewal thereafter.
Operated by the H. A: O. UK. Co.; rental 30 per cent, of gross earnings, with the miiiimiim rental not leas than
<s40,OiH) per annum, which is equal to interest on the company's bonds. For any advancements to pay this mini-
mum, the B. A O. RR. Co. is entitled to reimbursement from the receipts of any subsequent year. The applica-
tion for a receivership referred to in the MANUALS for 18S9, IS'.H), and 1S91, WAS entered by the county commis-
; Perry County. Ohio, who had recovered judgment for about $1,000 and BOtlght to collect it in this way,
but finally (on April 2S. 1890) compromised with the company for $500 and costs. Rental, 1890-91, $48.593.20 ;
other receipts, $186.13— total. $4S,779.33. Payments: Interest, $40,000 ; sinking fund, $572.80; dividends,
total, $53,613.80. Deficit, $4.834.47.

r,itan<~nt/ Sfatnnent. June 30. 1891.— Capital stock (par, $50 : common, $705.600 ; preferred, $230,900),

•*! 0°6 500 • funded debt, first mortgage 5 per cent. 20-year bonds, due November 1, 1929, interest May and

November, $800,000 ; unfunded debt, 1663,203.88— total, $8,479,708.88. Contra : Cost of road. $2,194,962.35 ; all

ssets, $284,741.53— total, $2,479,703.88. Annual meeting, fourth Wednesday in January. W. W. PEABODY,

f, Cincinnati, O : P. C. Snead, Secretary and Treasurer, Newark, O. GENERAL OFFICE, Newark, O.

•Vr Office, Chicago, 111.

OHIO AND BALTIMORE SHORT LINE RAILWAY.— Eastern Division, O. & B. S. L.
Junction to Morrell and Trotters, Pa., 8.65 miles— total track, 9.99 miles. Rail (steel. 6.32 miles), 60 Ibs. Gauge,
4 ft. 8} in. Chartered to build a road from Ohio and Baltimore Short Line Junction to Washington, Pa., 46 miles.
Road opened as above in 1885. Operated in connection with the Pittsburgh Division of the Baltimore and Ohio
System. Income year ending June 30, 1891, $3,642.51 ; expenses and taxes, $20,386.73 ; deficit, $16,694.22. Paid
interest on bonds, $25,000. Total deficit, $41,694.22. Financial Statement, June 30, 1891.— Capital stock ($50
par), $290.000 : funded debt, first mortgage, Eastern Division 5 per cent. 40-year bonds, due February 1, 1925,
interest February and August. §500,000 : due other companies, §974,674.95— total, $1,764,674.95. Contra : Cost of
road, $1,582.98693 ; profit and loss. $231, 688.02. J. B. WASHINGTON, President: A. W. Black, Secretary, Pitts-
burgh, Pa.: W. II. Ijams. Treasurer, Baltimore, Md. CORPORATE OFFICE, Pittsburgh, Pa.

PARKERSBTJRG BRANCH RAILROAD.-Grafton (294 m. west Bait.). W. Va., to Parkera-
burg, W. Va.. 103.30 miles : total track (steel, 111.76 m.), 136.57. Chartered as Northwestern Virginia, February
14. 1861, and road opened May 1, 1857. It was mainly built by the Baltimore and Ohio RR. Co., which company
operates and maintains it, under an arrangement to take its revenues and apply the same. 1st, to the payment of
operating expenses, and the remainder thereof, to the annual interest upon its bonds, which interest amounts to
$180,000. When the net earnings are not equal to this amount, the deficiency is advanced by the B. & O. RR. Co.,
and constitutes a debt against the Parkerburg Branch RR. Co. In the year ending June 30, 1891 (including
bridge, 104.7 miles). —EfD-tiingg— passenger, $208,561.20 ; freight. $512,602.44 ; mail, .$54,114.26 : express, $18,017.04
—total. $793,294.94. Expenses— transportation. $273,894.43 ; maintenance of equipment. $117.058.12 : maintenance
of way. $167.053.44 : general. $74,654.90— total. $632,660.89. Net earnings (20.25 per cent.), $160,634.05.

Operating accounts per mile of road for eight years :

1884 1885 1886 1887 1888 1889 1890 1891

Gross Earnings per mile.... $6,10212 $5,26689 $6,37542 $6,42154 $6.03036 $5,84958 $7,48490 $7,57684
Gross Expenses per mile... 4,75750 4,99720 4.82400 5,57754 4,97805 5,26407 5.95751 6,04261

Net Earnings per mile 1,34452 46969 1,55142 84400 1,06881 1,58551 1,52739 1,53423

Expenses to Earnings 77.96 p.c. 91.08 p.c. 75.66 p.c. 86.85 p. c. 82.55 p.c. 76.86 p.c. 79.59 p.c. 79.75 p.c.

Capital stock— common, $97,425.67 ; preferred, $5.680.684.94 ; funded debt, 1st mortgage 6 per cent. 40-year
bonds, due April 1, 1919, interest April and October. $3,000,000 : unfunded debt, $1,239,802.96— total, $10,017,-
913.57. The bonds are held by trustees to secure an equal amount of B. & O. bonds. The entire issue of pre-
ferred stock is held by the B. & O. RR. Co. ORT.AND SMITH, President ; J. W. Kines, Treasurer, Baltimore,
Md.; W. W. Van Winkle, Secretary, Parkersburg, W. Va. GENERAL OFFICE, Baltimore, Md.

PITTSBURGH AND CONNELLSVILLE RAILROAD. -Pittsburgh, Pa., to Mt. Savage
Junction. Md.. 146.10 miles. Hickman Run Branch •' Hickman Run Junction, Pa., to Cora Mines. 2.10 m. — total,
148.80 miles. 2d track. 58.90 m.; sidings, 53.02 m. Gauge, 4 ft. 8J in. Rail (steel, 233.06 m.), 60 to 67 Ibs. His-
tory.— Chartered April 2, 1837 : charter amended April 18, 1853, extending the road to Cumberland. Md. Road
opened throughout in April, 1870. Leased for fifty years (renewable in perpetuity at the option of the lessee)
from January 1, 1876, to the B. & O. RR. Co., any surplus over interest and sinking fund charges to go to lessor.
The aggregate interest on the bonded debt of this company, including the $10,000,000 bonds of the issue of 1885,
the appropriation to the sinking fund and taxes amounts to $1,219,387.19. This company also leases the Mt.
Pleasant and Broad Ford RR. and the Fayette County RR. Operations.— The operations of the Pittsburgh
Division for the year ending September 30," 1891, resulted in net earnings of $981,795.75 (as shown elsewhere),
against which was charged for sinking fund, rentals, taxes, interest, etc., etc., $1.234,918.82, resulting in a net
loss to the lessee of $253,123.07. Financial Statement, June 30, 1891 .—Capital stock (par, $50), $1,956,091.05:
funded debt, $20,718,224; B. & O. RR. general account. $3,275,360.86— total, $25,949,675.91. Construction and
equipment, $16.619.724.61 ; stocks and bonds, $2,803,239.63 ; all other assets, $6.526,711.67— total, $25,949,675.91.

Funded debt consists of the following issues :

1st mortgage 7 per cent. 30-year bonds, due July, 1898. interest January and July $4,000,000

Consolidated mortgage 6 per cent. 50-year bonds, due January 1, 1926, interest January and July 6,658,224

2d consolidated mortgage 40-year 5 per cent, bonds, due January, 1925, interest January and July 10,000,000

Real estate mortgage 6 per cent, bonds, dated August, 1853-83, interest January and July 60,000

Interest on the first mortgage bonds payable at Baltimore, on consolidated mortgage 'bonds at London, and
on construction bonds at Pittsburgh. Annual meeting, first Monday in December ; books close about one week
prior thereto. Voting power attaches to stock after sixty days' ownership.

The 2d consolidated mortgage bonds were issued to provide the means for paying off the advances of the
Baltimore and Ohio RR. Co. to this company, and also to reimburse the company for the purchase of 970 shares
stock Berlin RR. Co.. 1,834 shares common, 222 shares preferred stock, and $102.000 first mortgage bonds Salis-
bury RR. Co., 19,970 shares stock. $48,000 first mortgage and $76.000 traffic bonds of Somerset and Cambria RR.
Co.. 2,958 shares stock Mt. Pleasant and Broad Ford RR. Co., $500,000 first mortgage bonds, Northern Division
Ohio and Baltimore Short Line Ry. Co., $500,000 first mortgage bonds Eastern Division Ohio and Baltimore Short
Line Ry. Co., $500,000 second mortgage bonds of Somerset and Cambria RR. Co., and $75,000 first mortgage 6s of
Cincinnati . Washington and Baltimore RR. Co. (the last named being given in lieu of $27,000 Somerset and Cambria
ret mortgages, and $48,000 Salisbury first mortgages, and to be returnable to B. & O. RR. Co., whenever latter
shall replace with said bonds). They are secured by a mortgage, dated January 31. 1886, Union Trust Company
New York, trustee, covering all the property of the Pittsburgh and Connellsville RR., the stock and bonds
mentioned above, and the terminal property at Pittsburgh, which was purchased by the Baltimore and Ohio RR.
. for the use of the Pittsburgh Division. Under the provisions of a resolution adopted January 31, 1885, by the
ectors of the Baltimore and Ohio RR. Co.. that company issued $10,000,000 gold mortgage 40-year 5 per cent,
bonds, interest February and August, which are secured bv a pledge of the Pittsburgh and Counellsville bonds, as
above. (See MANUAL for 1886, page 316.)

56 POOR'S MANUAL — BALTIMORE AND OHIO SYSTEM.

Board of Directors, P. & C. RE. Co., elected December 7, 1891.

Robert Garrett Baltimore, Md. ; Findley H. Burns. . .Baltimore, Md.

Mendes Cohen " " j Wm. J. Moorhead . . .Pittsburgh, Pa.

Charles Donnelly Pittsburgh, Pa. | John D. Scully "

Orland Smith Cincinnati, O. I William II. Koontz . . .Somerset, Pa.

Charles L. Fitzhugh. Pittsburgh, Pa.

George A. Berry , "

Wm. Metcalf

John W. Chalfant .. .Allegheny, Pa.

OKLAND SMITH, President Cincinnati, O.

J. B. Washington, Secretary. Treasurer, Auditor, and Transfer Agent Pittsburgh. Pa.

PRINCIPAL OFFICE AND ADDRESS Pittsburgh, Pa.

FAYETTE COUNTY RAILROAD.— Gibson Junction, Pa., to Uniontown, Pa., 11.80 miles. Sid-
ings, 4.6 miles. Gauge, 4 ft. 8i in. Rail, 43 to 50 Ibs. Leased to Pittsburgh and Connellsville RR. Co. for 99
years from November 1, 1864 ; rental, $9,000 a year. Dividends quarterly, commencing January 10, at First
National Bank, Uniontown, Pa., 2 per cent, each, $8,592. Capital stock (par, $50), $107,400. Cost of road, etc.,
$130,000. E. B. DAWSON, President; J. V. Thompson, Secretary and Treasurer, Uniontown, Pa. GENERAL
OFFICE, Unioutown, Pa.

MOUNT PLEASANT AND BROAD FORD RAILROAD.-Mount Pleasant to Broad Ford,
Pa., 9.7 ; total track, 12.33 miles. Rail (steel, 10.87 miles), 60 Ibs. Leased to and operated by the Pittsburgh and
Connellsville RR. Co. Gross earnings, year ending June 30, 1891, $22,445.10. Expenses, $193.05. Net earnings,
$22,251.45. Capital stock, $150,500 ; profit and loss, $880,456.67— total, $r80,955.67. Cost of road, $203,167.81 ;
other assets, etc., $577,787.86— total, $780.955.67. Directors : diaries F. Mayer, Robert Garrett, Alexander Shaw,
Baltimore, Md.; J. B. D. Meeds, John Bissell, John B. Jackson, W. C. Magee, S. L. Schoonmaker, Pittsburgh,
Pa.; Charles L. Fitzhugh, Allegheny, Pa.: A. R. Banning, John D. Frisbee, Connellsville, Pa.; O. P. Shupe, Mt.
Pleasant, Pa. Officers : J. B. WASHINGTON, President : A. W. Black, Secretary and Treasurer, Pittsburgh, Pa.
CORPORATE OFFICE, Pittsburgh, Pa.

SALISBURY RAILROAD.— Salisbury Junction, Pa., to West Salisbury, Pa., 8.6 miles. Grassy Run
Branch, 3.1— total, 11.7 miles ; total track, 20.02 miles. Gauge, 4 ft. 8f in. Rail (steel 11.92 miles), 60 Ibs. Orgaii-
zied May 31, 1875 : road completed in 1878. The company owns 1 engine and 1 second class passenger car. In-
come, \rear ending June 30, 1891, $54,847.76. Expenses and taxes, $27,240.65. Net earnings. $27,607.11. Paid
interest on bonds, $10.500. Surplus, $17.107.11.

Financial Statement, June 30, 1891.— Capital stock (par, $50)— common, $104,250 ; preferred, $13,550 : scrip,
$229.50 ; funded debt, 1st mortgage 7 per cent. 20-year bonds, due January 1, 1898, interest January and July,
$150,000 ; profit and loss, $6,135.55— total, $274,165.05. Comtra : Cost of road, etc., $270,247.94 ; profit and loss,
$3,917.11. JAMES B. WASHINGTON, President ; A. W. Black, Secretary, Pittsburgh, Pa.; W. H. Ijams, Treasurer,
Baltimore, Md. CORPORATE OFFICE, Pittsburgh, Pa.

SANDUSKY, MANSFIELD AND NEWARK RAILROAD.-(LAKE ERIE DIVISION, BALTI-
MORE AND OHIO SYSTEM).— Main Lim, Sandusky, O., to Newark, O., 116.25 miles. Sidings, 43.44 miles. Gauge,
4 ft. 8f in. Rail (steel, 129.29 miles), 64 Ibs. Organized July 25, 1856, by consolidation of the Monroeville and
Sandusky city, the Mansfield and New Haven, the Columbus and Lake Erie, and the Huron and Oxford RR. Cos.
(See MANUAL for 1891.) Whole line completed in 1856. Leased February 13, 1869, to Central Ohio RR. Co., for
17 years and 5 months from July 1 1869, at an annual rental of $174,350, and 15 per cent, on a portion of the
traffic, the B. & O. RR. Co. guaranteeing rental. The lease has been amended and extended for two additional
terms ending December 1, 1920, and is subject to perpetual renewal thereafter, in terms of 20 years, the annual
rental being $201,850.

Rental, year ending June 30, 1891, $201,850 ; other receipts, $3,267— total, $205.117. Expenses and taxes,
$5,327.67. Net income, $199,789.33. Payments : Interest on bonds, $160,000 ; sinking fund and other charges,
$4,795 ; dividends (3* per cent.), $38,749.25— total, $204,544.25. Balance, deficit, $4,754.92.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $1,068,400 ; funded debt, 1st mortgage 7 per
cent. 40-year bonds, due July, 1909 (authorized, $2,325,000), $2,300,000 ; unfunded debt, $148.186.85— total, $3.-
516,586.8"5. Contra ; Cost of road and equipment, $3,368,400 ; other assets, $148,186.85. This Company has paid
annual dividends of 2 per cent, on February 1, from 1881 to 1884 (both inclusive), and from 1885 to 1888 (both in-
clusive), 3 per cent., and for 1889, 1890, and 1891, dividends of 3£ per cent. each.

Interest payable at the Union Trust Co's. office, New York, N. Y. Dividends payable at the Moss National
Bank, Sandusky, O.

Directoi-s (elected January 15, 1890).— C. H. Moss, A. C. Moss, J. O. Moss, Clark Rude, Sandusky, O.; J.
Gardiner, E. G. Gardiner, Norwalk, O.; L. J. Tracey, Mansfield. O.; Robert Garrett, Charles F. Mayer, Balti-
more, Md. JOHN GARDINER, President, Norwalk, O. ; J. O. Moss, Secretary and Treasurer, Sandusky, O. COR-
PORATE OFFICE AND ADDRESS, Sandusky, O.

SOMERSET AND CAMBRIA RAILROAD.-Rockwood, Pa., to Johnstown, Pa., 45.10-total
track, 53.43 miles. Gauge, 4 ft. 8J in. Rail (steel, 49.23 miles). 60 Ibs. Organized August 1C, 1*79. as successor
to the Somerset and Mineral Point RR. Co., whose road was sold under foreclosure January 8, 1879. (See MAN-
UAL for 1891.) Operated by the B. & O. RR. Co., in connection with its Pittsburgh Division. Income year end-
iner June 30, 1891, $167,535.86. Expenses and taxes, $133,845.16. Net income, $33,690.70. Paid interest on bonds,
$29,500. Balance, surplus, $4,190.70. Capital stock (par, $50), $1,000,000 ; funded debt, 1st mortgage 6 per cent.
20-year bonds, due January 1, 1«99, interest January and July, $75,000 ; traffic 5 per cent, bonds, clue July 1, 1900
(principal and interest payable in freight), $179,500 ; 2d mortgage 5 per cent. 40-year bonds, due February 1, 1925,
interest February and August, $500,000— total liabilities, $1,754,500. Contra : Cost of road, $1,335,465.84 ; other
assets, $419,034.16— total assets, $1,754,500. Annual meeting first Monday in May. J. B. WASHINGTON, Prem-
Pittsburgh, Pa.; W. H. Ijams, Treasurer, Baltimore, Md.; A. W. Black, Secretary, Pittsburgh, Pa. CORPORATE
OFFICE, Pittsburgh, Pa.

SOUTH BRANCH RAILROAD.— Green Spring to Romney, W. Va., 16 miles. Sidings etc., 0.77
mile. Rail (steel, 16.77), 64 Ibs. Chartered February23, 1871 : road opened September 1, 1884. Income, 1890-
1891, $16,673.12; expenses and taxes, $21,567.85; deficit, $4,894.73. Capital stock, $130,700: funded debt, 1st
mortgage 8 per cent. 30-year coupon $1,000 bonds, due May 1, 1903, interest May and November, $200,000 ; un-
funded debt, $102,422.48— total, $433,122.48. Second mortgage 6 per cent. 10-year $1,000 coupon bonds, due Oc-
tober 1, 1893, interest April and October, were provided for but never issued. CHARLES F. MAYER, President ;
W. II . Ijams, Treasurer : George M. Shriver, Secretary, Baltimore, Md.

STATE LINE RAILROAD.— Line of Road Projected— Uniontown, Pa., to West Virginia State Lin-.
21.82 miles. Completed— Uniontown to Red Stone, Pa., 3.98 miles. Sidings, 1.95 miles. Gauge 4 ft. 8J- in. Rail
(steel, 4.75), 60 Ibs. Income, year ending June 30, 1891, $12.361.56 ; expenses and taxes, $11,389.53 ; net
ings, $972.03. Financial Statement, June 30, 1891— Capital stock, $260,000 ; profit and loss, $12,131.71— total, $272,-
131.71. Contra: Construction, $183,398.49 ; current accounts, $88,7*3.22— total, $272,131.71. THOMAS M. KIN-.-
President, Philadelphia, Pa.: J. B. Washington, Secretary, Pittsburgh, Pa.; W. II. Ijams, Treasurer, Baltimore
Md. GENERAL OFFICE, Pittsburgh, Pa.

STRASBURGH AND HARRISONBURGH RAILROAD.- -Straeburgh to Harrisonburgh. Va..
49 miles. Sidings. 4.81 miles. Road opened January 15, 18(59. Owned by Va. Midland RR. Co.; leasod t<> H.
& O. RR. Co. for 99 years from September 1, 1873, renewable forever thereafter ; rental, $89,250 a year.

POOR'S MANUAL — BALTIMOKE AND OHIO SYSTEM. 57

WASHINGTON BRANCH RAILROAD. Relay House (9 m. w. Bait.), Md.. to Wa.shiii£ton, D.
•C 31 • total track mil steel), 72.79 miles. } nilt under the charter of the Baltimore and Washington KR. Co..
in Maryland, March :',. 1833. and opened August 25, 183.~>. Of rhe capital, $1,028.'IOO, nearly two-thirds is
held hv 15. & O. Co., and one-third by the State of Maryland : only $72,000 held bv individual-, (iros- earnings,
vt-ir ending .Tune 30, 1891 passenger, .-Ot»i.437.43 ; freight, $172,335.35 ; mail, $18,539.45 ; express, $29,086. W ;
other. >! 1 .-.'•.' total. $726. 41 8.83. Operating expenses, $546,651.66. Net earnings (24.75 per cent.), 8179,707.17.

Operating accounts per mile for eight years :

1884 1885 1886 1887 1888 1889 1890 1891

i;ro*< K:»rniii"s.. $10,83691 $10,17121 $10.49421 $12,27097 $12.47423 $14,76771 $16,21271 $23,43287

Expenses; 5,019 78 3,888 27 2.929 51 2.835 78 2.JJ54 25 3.227 W 4,078 13 17,633 9-J

Net Karninsis. .. 5.81713 6.2S2 94 7,56470 9,40519 9,81998 11,54002 12,13458 5.79*9.-,

Bxpen.toEarn'gs 46.32 p.c. 38.22 p. c. 27.91 p. c. 23.25 p. c. 21.28 p. c. 21.86 p. c. 25. 15 p. c. 75.25 p. c.

Full dividends. 10 per cent, per annum, have been paid through a long term of years. Dividends payable at
Baltimore. Capital stock, $1,650,000; profit and loss. $895,356.71— total, $2,545,350.71. ('<>,;//•</: Construction,
equipment, etc.. $1,759,326.17 ; other assets, $786,030.54. CHAS. F. MAYEI:, Pre*i'l*-nt, and W. H. Ijams, Treas-
'. Baltimore, Md.

WASHINGTON CITY AND POINT LOOKOUT RAILROAD. Alexandria Junction. Md.,
to .Shepherd, D. C., 12.50 ; total track. 14 66 miles, chartered in 1S71 to construct a road from Washington Ciry
to Point Lookout. Md., 80 miles ; portion now in operation opened in 1873, and leased in perpetuity to B. & O.
RR. Co. The Alexandria Branch of the B. & O. was built by this company, but was deeded to the B. & O. on
November 18, 1874. Rental, $36,000 per annum, of which $32,400 is applied to the payment of iaterest on $540,-
000 6 per cent, bonds of this company, and the balance, $3,600, is annually appropriated to extinguish the issue of
these bonds at maturity on June 1. 1913. Capital stock authorized, $2.540,060 ; paid in, $1.000.000 ; and funded
debt. 1st mortgage 6 p. c. sinking fund guar gold bonds, due June 1, 1913. interest June and December at Balti-
more, $540,000- total. $1,540,000. Estimated cost of road to date ($04,000 p. m.), $800,000 ; sinking fund, $79,-

000. Presidency vacant ; George E. Dimock, Secretary and Treasurer, Washington, D. C. GENERAL OFFICE,
Baltimore, Md.

WASHINGTON COUNTY RAILROAD.— \Veverton, Md., to Hasrerstown, Md.. 24 .20 miles ; total
track, 28.63 miles. Chartered May 30, 1853 ; road opened in December. 1867. Leased to Baltimore and Ohio RR.
<Jo., for ten years from January 1, 1868. Lease not renewed ; road since January 1, 1878, operated by B. & O.
RR. Co. at cost. Income, 1890-91, $71,908.19. Expenses. $75.182.60. Deficit for year, $3,274.41. Capital stock,
$982,680. of which the Baltimore and Ohio RR. Co. owns 38.404 shares, representing at par $766,290. C. K. LORD,
President : F. W. Hildebrandt. Secretary.

WHEELING, PITTSBURGH AND BALTIMORE RAILROAD.-Glenwood, Pa., to Zedi-
ker. Pa.. 29.4 miles; Washington, Pa., to Wheeling, W. Va., 32.4 miles— total owned, 61.8 miles. Operated : O. and
B. Short Line, Western Division. Zediker. Pa., to Washington. Pa.. 4 miles. Total operated. 65.80 miles. Total
track, 88.82 miles. Gauge. 4 ft. 82 in. Rail (steel, 71.02 miles;. 67 Ibs. Successor to the. Hempfield RR. Co.,
whose road was sold under foreclosure May 1, 1870. On August 5, 1887, the Baltimore and Ohio Short Line was
consolidated with this company. Operated by the B. & O. RR. Co. Income year ending June 30, 1891. $688,153.03.
Expenses and taxes, $610,021.96. Net income, $78,131.07. Paid interest' on bonds, $275.000. Balance sheet,
$196,868.93.

Financial Statement, June 30, 1891.— Capital stock (par, $50;, $5.500,000; funded debt (1st mortgage [Northern
Division] 5 per cent, bonds, due February 19, 1925, interest payable February and August, $500,000 ; 1st mortgage
5 per cent. 50-year bonds, due August, 1937, interest payable February and August, $5.000,000). $5.500,000— total,
$11,000,000. Cost of road, $7,112.313.13; due from other companies. 83.^87,686.87— total, $11,000,000. The
Northern Division firsts are secured on the line from Glenwood to Whitehall. 5 miles : the consols on the entire
line owned, 61.8 miles, subject to the lien of the Northern Division firsts.

Directors.— Charles F. Mayer, Baltimore, Md. ; J. B. Washington, John D. Scully, Johns McCleave. Alex-
ander M. Byers. Pittsburgh. Pa.: W. W. Smith, Wm. Workman. Washington, Pa. J. B. WASHINGTON, President;

A. W. Black, Secretary, Pittsburgh, Pa. : W. H. Ijams, Treasurer, Baltimore, Md. CORPORATE OFFICE, Pitts-
burgh, Pa.

WINCHESTER AND POTOMAC RAILROAD.— Harper's Ferry to Winchester, Va., 32-total
track, 36.24 miles. Chartered in 1830, and road opened in 1836. Leased to B. & O. RR. Co. for 20 years (renewable
forever) from July 1, 1867. and operated as part of the Valley Line ; rental, $27,000. Capital stock, $180,000; bonded
-debt (1st mortgage 6 per cent, bonds. $147,250 ; 2d mortgage 5 per cent, bonds, $85.000), $232,250 ; floating debt,
$2,602.63— total. $414,852.63 Interest and dividends payable January and July at Baltimore. WILLIAM H. BAKER,
President. W. A. McCormick, Treasurer, Winchester, Va.

WINCHESTER AND STRASBURG RAILROAD.— Winchester and Strasburg, Va., 20.50—
total track, 23.40 miles. Chartered in 1S60, and road opened in 1870. Leased lor 17 years from July 1, 1870, to

B. & O. RR. Co., and operated as part of the Valley Line. Lease amended and extended for 20 years from July

1, 1887, renewable forever thereafter. Capital stock (par, $100). $000.000. of which 746 shares are held by individ-
uals, and on which the B. & O. RR. Co. guarantees dividends of 4 per cent, per annum. The remaining 5,254
shares are held by the B. & O. RR. Co. Dividends payable January and July at Baltimore. C. F. MAYER, Presi-
dent ; W. II. Ijams. Treasurer j H. Anderson, Secretary, Baltimore, Md.

Board of Directors, B. & O. RR. Co., elected November 16, 1891.

€has. J. M. Gwinn.. Baltimore, Md.

•James Sloan, Jr li •'

WilliamF. Burns...
Wm. H. Blackford..

On part of Stockholders :

Aubrey Pearre Baltimore, Md.

George de B. Keim. . "
Wesley A. Tucker . .

J. Willcox Brown. . .Baltimore, Md.
William F.Frick....
Geo. A. Von Lingen. "

Maurice Gregg " " j Geo. C. Jenkins

On part of State of Maryland :

J. McKenney White Baltimore, Md. | J. Wm. Banghman Frederick, Md.

CHARLES F. MAYER, President Baltimore, Md.

fit Vice-President— Orland Smith Baltimore, Md. I Treasurer— W. H. Ijams. . . . . .Baltimore, Md.

Vue-Presiden /-Thomas M. King. ... " Sec. and Asst. to Prest.-A. Anderson . .

3d Wce-Prestdent-C. K. Lord » « j General Auditor-Wm. T. Thelin

Comptroller— N. D. Bulkley Baltimore. Md.

PBINCIPAL OFFICE AND ADDRESS Central Building, Baltimore?, Md.

58 POOR'S MANUAL OF RAILROADS.

BALTIMORE AND OHIO SYSTEM.— WEST VIRGINIA AND PITTSBURGH

RAILROAD COMPANY.

Main Line of Road.— Clarksburg to Sutton, W. Va 68.2

Branch : Weston to Newlon, W. Va 41 .0

Trackage : B. & 0. RR., Junction to Clarksburg 1 .4—110.6 miles.

Sidings, etc., 5.4 miles. Gauge, 4 ft. 8J in. Rail (steel), 60 Ibs.

History. — Consolidation February 6, 1890, of the Clarksburg, Weston and Midland, and
the Buckhannon River RR. Cos. (See MANUAL for 1891, page 574.) The extension from
Buckhannon to Newlon, 25.3 miles, was opened May 5, 1891, and the one from Weston to
Sutton, 44 miles, on June 15, 1891. Leased to the Baltimore and Ohio RR. Co. for 999 years
from January 1, 1890. The lessee turns over to this company 62£ per cent, of revenue for
operating expenses, and applies the remaining 37£ per cent, to payment of bonds interest.
Any deficiency in meeting interest is advanced by the lessee, and such advances are carried
forward as a charge against future net earnings. For the first two years of the lease the
lessor must meet any deficiency of the 62^ per cent, of revenue in paying operating expenses;
and for the following three years it must meet any deficiency up to 67^ per cent. The rental
of 62£ per cent, is subject to revision every fifteen years.

Rolling1 Stock, June 30, 1890,— Locomotive engines, 11. Cars — passenger, 10; baggage,
etc., 2 ; freight (box, 50 ; gondola, 99 ; caboose, 3), 152 — total cars, 164.

Operations for year ending June 30, 1891 (average, 45.65 miles). — Train mileage and
traffic operations not reported. Earnings — passenger, $44,774.01 ; freight, $71,410.81; mail,
$3,730.40; express, $5,923.01; other, $2,820.42— total, $128,658.65. Expenses— transpor-
tation, $24,494.23 ; maintenance of equipment, $5,043.55 ; way and buildings, $22,046.37 ;
general, $10,084.23— total, $61,668.38. Net earnings, $66,990.27 ; add other receipts, $29.80
—total, $67,020.07. Payments : Interest on bonds, $73,185.40 ; taxes, $3,527.77 ; real estate
expenses, $228.50— total, $76,941.87. Deficit, $9,921.80. Surplus forward, $20,976.04. Net
surplus, $11,054.24.

Financial Statement, June 30, 1891.— Capital stock— common, $2,500,000; preferred,
$900,000 ; funded debt, 1st mortgage 5 per cent. 100-year $1,000 gold coupon bonds, due
April 1, 1990, interest payable April and October ($3,050,000 outstanding), $4,000,000 ; cur-
rent accounts, $37,160.34 ; unpaid interest, $30 ; accrued interest not due, $15,732.46 ; sundries,
$373.82; profit and loss, $11,054.34— total, $7,464,350.86. Contra: Cost of narrow gauge
road and rolling stock, $494,525.39 ; stocks and bonds owned, $1,002,336.50 ; real estate,
$375,508.47; materials and fuel, $2,848.38; agents and companies, $42,628.66; individuals
and companies, $5,507,611.87 ; real estate and lumber department, $9,793.23 ; cash, $29,098.36
—total, $7,464,350.86.

The $950,000 bonds not outstanding are reserved for branches, improvements, etc.
Interest on bonds is guaranteed by the Baltimore and Ohio RR. Co. There is provision for a
sinking fund after April 1, 1895. Principal and interest of bonds payable by Farmers' Loan
and Trust Co., New York. Trustee : Mercantile Trust and Safe Deposit Co., Baltimore, Md.
Par value of stock, $100. Preferred stock is entitled to 5 per cent, non-cumulative before
payment of any dividends on common. Annual meeting, first Tuesday in May, at Weston,
W*. Va.

Directors (elected May 5, 1891).— J. N. Camden, T. B. Camden, Parkersburg, W. Va. ;
A. H. Kunst, A. A. Lewis, Weston, W. Va. ; E. R. Bacon, New York, N. Y. ; Thomas M.
King, C. K. Lord, Baltimore, Md. ; G. A. Newlon, Buckhannon, W. Va. ; Isaac Jackson,
Jane Lew, W. Va.

J. N. CAMDEN, President Parkersburg, W. Va.

A. H. Kunst, Vice- President and General Manager Weston, W. Va.

Secretary & Treas.—~M.. W. Harrison. . .Weston, W. Va. | Auditor-li. W. Bulklcy Weston, W. Va.

PRINCIPAL OFFICE AND ADDKESS. . Westou, VV. Va.

POOR'S MANUAL OF RAILKOADS.

59

BALTIMORE AND OHIO SOUTHWESTERN RAILROAD COMPANY.

Main Line of Road.— Cincinnati, 0., to Belpre, 0 192.88 miles.

Hilltboro Branch : Manchester. O., to Hillsboro', 0 21.43

Portsmouth Branch : Hamden, O., to Portsmouth, 0 55.43

Marietta Branch : Belpre, O., to Marietta, 0 11,09— 87.95 miles.

Trackage : C.. C., C. cfc St. L. Ry.: Cincinnati Union Depot to I. & C. Transfer. . 1.20 mile,".

Total length of all lines operated June 30, 1891 282.03 miles.

2d track, 12.20 ; sidings, 91.67 miles. Gauge, 4 ft. 8£ in. Rail (steel. 266.96 miles), 60 and 67 Ibs.

History. — Organized in December, 1889, as successor to the Cincinnati. Washington and
Baltimore RH. Co., whose property was sold under foreclosure in October, 1889. (See MANUAL
for 1889, page 400 ; also MANUAL for 1890, page 5S5.)

Rolling Stock, June 30. 1891. — Locomotive engines. 83. Cars — passenger, 46 ; combi-
nation, 9 ; baggage, mail, and express, 16 ; freight (box, 1, 207 ; lime, 10 ; stock, 126; gondola,
1,218 ; flat, 64; caboose, 43), 2,668; oil tank, 5 ; bridge cars, 4 ; steam shovel, 1 ; derrick. 1 ;
wrecking, 5 ; officers', 2 — total cars, 2,727.

Operations for year ending June 30, 1891.
893,215 ; mixed, 91,156— total, 1,970,782 miles,
mile, 35,383,492 ; average mile rate, 1.71 cents.

Train mileage — passenger, 986,411 ; freight,
Passengers carried, 1,568,609 ; carried one
Tons freight moved, 1,730,357; moved one

mile, 163,962,956 ; average ton-mile rate, 0.88 cent.

.— Passenger $605,497 63

Freight 1.447.052 21

Mai) and Express 159.633 22

Miscellaneous. . . 114.487 85

Expenses.— Transportation $807,723 63

Maintenance of Equipment 185,053 26

Maintenance Way & Buildings. . 279,856 03
General ... . 344,228 49

Total ($8,249.73 per mile) $2.326.67091 Total ($5,378.38 per mile) $1,516,861 41

Net earnings (34.82 per cent.), $809,809.50 ; add dividend on Central Union Depot stock
$2,250; interest balance, $1,432.27— total, $813,491.77. Payments: Interest (on 1st mort-
gage bonds, $480,015 ; on C. & B. bonds, $23,310; on car trust warrants, $1,275), $504,600;
taxes and other charges, $56,938.74— total payments, $561,588.74. Surplus, $251,903.03,
from which was paid^for new sidings, $10,869.93— leaving surplus for "year, $241.033.10.
Surplus forward, $69,254.30— total, $310,287.40, from which deduct interest (4 percent.) paid
on first income bonds for the calendar year 1890, $220,000. Net income as per general bal-
ance sheet, $90,287.40.

Statement of traffic operations, earnings, etc., for eight years ending June 30 :

1884

1885

1886

1887

1886

1889

1890

1891

Miles Railroad Operated
Passenger Train Miles
Freight and Mixed Train M.
Passengers Carried
Passenger Mileage-
Tons Freight Moved

282.03
995.400
1,608,700
1,076.985
85,414,661
1,088,788
118,135.405

8

553,342
1,117,137
69.938
90,738
87,036

282.03

282.03

282.03
888.500
1,866,100
1.249,371
31.159.167
1.501.726
155.202-602
$
556.706
1,299,082
95,060
59,662
89,692

282.03
890,800
2,015.800

1.2C.4.5H2
29.885.678
1.594.153
165,586,089

575.857
1,390,847
95,060
50,931
95,857

282.03
770,035
1,129,463
1,317,650
34.790,662
1,463,954
156 268-726
$
583,939
1.213.160
101.727
54,000
98.894

282.03
970,674
1,229,488
1.342.954
30,242,738
1,726,267
186,671,096

549,347
1,474.660
105,447
54,000
112,561

282.03
986,411
984,371
1,568,609
35.383.492
1.7:30.357
163962.956

605,498
1,447,052
105,633
54,000
114,488

1.010,391
32:756.872
1,211,186
116,003,475

512,955
1,097.991
95,060
47,182
87,435

1,015,824
25,060,613
1,328,394
116,791,210

473.629
1,083,930
95,060
45,355
84,676

Tonnage Mileage

Earnings.— Passenger
Freight . . .

Mail .

Express
Other

Gross Traffic Earnings .
Operating Expenses

NK Earnings
Less Taxes & Assessments.

Net Revenue

1,918,191
1,387,385

1,840,623! 1.782.649 2.100.202 2.208,553 2.047,849 2,296,016
1,398,838| 1,352,765 1,486.530 1.543.578 1,508,824 1,498,341

i i 1

2,326,671
1,516,861

530,806 441,786 429,884 613,672 664.975
54,625 58.580J 55,800 51,282 48,000

. 539,025
53,263

797,675

54,488

743,187
8,14103
5,312 70
2,82833
65.26 p. c.
1.82c.
0.790C.

909,808

56,989

476,181
6.801 37
4,919 28
1,882 09
72.32 p. c.
1.56C.
0.946C.

383,205
6,52633
4,959 h9
1,56644
75. 99 p. c.
1.57c.
0.946c.

374,084 562.390
6,320 77 7.446 7ti
4,796 52 5,270 82
1,52425 2,17594
75. 89 p. c. 70. 78 p. c.
1.89c. i 1.79c.
0.928c. 1 0.837c.

616.975
7,830 91
5,473 09
2,35782
69. 89 p. c.
1.93c.
0.840C.

485.762
7.261 10
5,349 87
1.91123
73. 68 p. c.
1.68c.
0.776C.

752.821

8,249 73
5,378 38
2,871 35
65. 18 p. c.
1.71 c.
0.882C.

ss Earnings per Mile . .
Operating Expenses p. Mile
Net Earnings per Mile
Expenses to Earnings
Aver. Rate p. Pass. p. Mile
Aver. Rate per Ton p. Mile.

60

POOR'S MANUAL OF RAILROADS.

General Balance Sheet, June 30, 1891.

Cost of Road and Appurtenances $34,364,329 SI

Equipment 1,209,731 89

Cent. Union Depot Stock

Real Estate

Advances to Freight Lines, etc

Cash in Bank

Cash in Hands of Paymaster

Cash with F. L. & T. Co., New York

Traffic Balances

U. S. Post Office Department

Agents' Balances

Miscellaneous

Materials on Hand

Accounts Receivable

37,500 00 !

6,475 00 I

9,857 99

157,175 31

1,000 00

262,562 50

13,449 72

30,398 52

14,478 93

31,136 11

136,133 65

84,498 67

Capital Stock, Preferred $2,500,000 00

Capital Stock, Common' 2,500,000 00

First Mortgage Bonds *11,000,000 00

First Pref. Inc Mtg. Bds 5,500,00000

Second Pref. Inc. M tg. Bds 6,400,000 00

Third Pref. Inc. Mtg. Bds 7,700,000 00

Purchasers' Fund, Balance 1889 34,809 53

Car Trust Warrants 12,260 20

Unpaid Wages 83,106 40

Interest Due and Accrued 270,132 50

Accounts and Liabilities 268,131 47

Net Incomo . . . 90,287 40

Total Assets $36,358,727 50 Total Liabilities

Statement of funded debt oustanding, in detail, June 30, 1891 :

.$36,358,727 50

DESCRIPTION.

DATE OF.

INTEKEST.

Amount
Outstand'g.

Issue.

Maturity.

Rate per cent.

When Payable.

Cincinnati & Bait. Bonds, assumed
1st Mortgage Gold Bonds
1st Income Mortgage Bonds

January, 1870
December 26, 1889
December 28, 1889
December 30, 1889
December 31, 1889

January, 1900
January 1, 1990
January 1, 1990
January 1, 1990
January 1, 1990

7
4*

i

Jan. & July.
Jan. & Julv.
When Earned.

$333,000
10,667,000
5,500,000
6,400,000
7,700,000

2d Income Mortgage Bonds
3d Mortgage Income Bonds

Total

$30,600,000

Of the Cincinnati and Baltimore bonds $167,000 were exchanged for first mortgage bonds
of this company, and $333,000 of the latter are deposited with the Farmers' Loan and Trust
Co. of New York, for the redemption of the rest of the Cincinnati anu Baltimore bonds at
maturity. The Baltimore and Ohio RR. Co. has guaranteed the principal and interest^of
the first mortgage bonds, and is the owner of all the common stock o/ the company. The
amount of first mortgage bonds authorized is $11,000,000. All bonds are of the denomination
of $1,000 each, coupon, with privilege of registration. Par value of stock, $100.

Annual meeting, second Wednesday in October, at Cincinnati, 0. Books close thirty days
before annual meeting, and same period in advance of dividend payments. Interest on bonds
payable at the office of the trustee, the Farmers' Loan and Trust Co., New York. N. Y. Pre-
ferred stock is entitled to 6 per cent, non cumulative dividends before payment of any
dividends on common stock. Registrar of stock, Farmers' Loan and Trust Co., New York,
N. Y. Stocks and bonds' listed on the New York and Baltimore Stock Exchanges.

Directors (elected February 19, 1891).— Edward R. Bacon, Henry W. Poor, New York,
N. Y. ; "VV. W. Peabody, Lowe Emerson, F. H. Alms, Cincinnati, O. ; Orland. Smith, W. P.
Harvey, Baltimore, Md. ; Amos Smith, W. T. McClintick, Chillicothe, O. ; Patrick Buchan,
•George H. Hopkinson, London, England.

EDWARD R. BACON, President 2 Wall St., New York, N. Y.

W. W. Peabody, Vice-President Cincinnati, O.

Treasurer— William E. Jones Cincinnati, O. | Secretary— W. W. Peabody, Jr Cincinnati, 0.

Assistant Secretary— ~Fr&uk Walsh 2 Wall Street, New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Cincinnati, 0.

New York Office. . . .2 Wall Street.

BALTIMORE AND SPARROW'S POINT RAILROAD COMPANY.

Line of Road. — Colgate Creek, Md., to Sparrow's Point, Md 4.70

Penwood Park Branch : Sparrow's Point to Pe-iwood Park 0.49 — 5.19 miles.

Sidings and other tracks, 0.68 mile. Gauge, 4 ft. 8i in. Rail (steel), 70 Ibs.

* Including $33'>,000 bonds to take up C. & B. bonds when due.

POOR'S MANUAL OF BAILROADS. 61

History.— Incorporated in August, 1877, and road completed in 1889. Built to convey
material to Pennsylvania Steel Co.'s works at Sparrow's Point. Connects at Colgate Creek
with the Pennsylvania and Baltimore and Ohio RK. Systems. Operations principally con-
ducted by the Northern Central Ry. Co.

Rolling Stuck. — Locomotive engine, 1.

Operations for y ar ending June 30, 1891. — Train mileage not reported. Passengers
carried, 515,02/5 ; carried one mile, 2,:580,9?4. Tons freight moved, 446,776 net. Earnings —
passenger, $17,319.98; freight, $44,871.80; mail and express, $318.13— total, $62,509.91.
Expenses — transportation and motive power, $3,831.62 ; maintenance of .way, $7,592.68 ;
general, $2,366.69— total, $13,790.99. Net earnings, $48,718.92.

Financial Statement.— Capital stock, $150,000. No bonded or other debt.

LUTHER S. BENT, President 208 South 4th St., Philadelphia, Pa.

&V. ami Treat.— Rufus K. Wood. Sparrow's Point, Md. | Superintendent— -W '. S. Franklin. .Sparrow's Point, Md.

PRINCIPAL OFFICE AND ADDRESS Sparrow's Point, Md.

BANGOR AND PISCATAQTTIS RAILROAD COMPANY.

Line of Road, — Oldtown, Me., to Greenville, Me 76.50 miles.

Leased : Banyor and K«tahdin I. W. Ry.: Milo Junction to Katahdiu Iron Works.18.90 miles.

Total length of line operated 95.40 miles.

Sidings, etc., 4.8 miles. Gauge, 4 ft. 8£ in. Rail (steel, 57 miles), 52 and 56 Ibs.

History.— Chartered March 5, 1861 ; road opened to Greenville July 14, 1884. (See also
MANUAL for 1888, page 2.) The B. and K. I. W. Ry. is leased for 999 years.

Rolling" Stock, June 30, 1891. — Locomotive engines-', 8. Cars — passenger, 6 ; combina-
tion, 1 ; baggage, mail, and express, 4 ; freight, 114 ; other cars, 2 — total cars, 127.

Operations for year ending June 30, 1891. — Train mileage— passenger, 108,783 ; freight,.
60,286 ; switching, 10,235; other, 7,795— total, 187,009 miles. Passengers carried, 70,468 ;
carried one mile, 2,115,082 ; average mile rate, 3.71 cents. .Tons freight moved, 66,635 ;
moved one mile, 2,187,671 : average ton-mile rate, 4.26 cents. Earnings — passenger, $69,-
572.87 ; freight, $93,411.28 ; mail, $7,103.64: express and extra baggage, $1,694.10 ; miscel-
laneous, $227.63— total, $172,009.52. Operating expenses, $110,112.93. Net earnings,
$61,896.59. Add other receipts, $240— total, $62,145.59. Charges against income : Rental
Bangor and Katahdin Iron Works Ry., $10,100 ; interest, $73,750 — total, $83,850. Balance,
deficit, $21,704.41.

Financial Statement, June 30, 1891.— Capital stock, $356,900 ; funded debt, $1,225,000;
current liabilities, $329,326.87— total, $1,911.226.87. Contra: Cost of road, $1,601,690.33 ;
equipment, $110,200.07 ; materials and supplies, $3,363.58 ; cash and cash assets, $21,861.63 ;
profit and loss, $174,111.26.

The funded debt ($1,225,000) consisted, Jane 30, 1891, of :

Annual meeting, third Wednesday in March. Trustees of bonds : 1st mortgage, City of
Bangor ; preferred mortgage (Greenville Extension), Edward B. Xealley and Philo A. Strick-
land. Registrar of stock, H. W. Blood.

BANGOR AND KATAHDIN IRONWORKS RAIL, WAY. -Milo Junction to Katahdin Iron
«<>rk.<, Me., 18.9 miles. Sidings, 1.50 miles. Gauge, 4 ft. H| in. Rail, 56 and 60 Ibs. Chartered February 22
1870 ; road opened in 1882 ; leased for 999 years, July 1, 1887, to B. & P. RR. Co.; rental, §10,100 a year.

Financial Statement, September 30, 1887 (latest furnished).— Capital stock. $120.000 : funded debt (1st mort-
gage 6 per cent. 20-year bonds, due July 1. 1901, interest payable at the First National Bank, Bangor, Me January
and July, $100.000 ; income 2d mortgage 6 per cent. 30-year bonds, due July 1, 1911. SlSO.OOtn, £220,000 : current
accounts, S9.448.50: other liabilities. §6,066.12 ; profit and loss, §1.498.89— total, $867,013.51. Contra • Cost of
road, equipment, etc., $335,139.07; bills receivable, §4,803.(i3 : current accounts, $15.866.10: cash, §1,204.71.
CHARLES V. LORD, President ; Henry McLaughlin, Treasurer. CORPORATE OFFICE, Baugor, Me.

62

Board of Directors, Bangor and Piscataquis RR. Co., elected March 18, 1801.

•E. B. Nealley . . . . . .Bangor, Me. I John Cassid y Bailor, Me. i C. P. Stetson .., . . Baniv

Joseph W. Porter •' '• L. J. Morse .' B. B. Thatcher

C. S. Marston " ' Isaac Strickland .... ' \ A. M. Robinson Dove

E. B. NEALLEY, President Bangor, Me.

Clerk and Treasurer— 'VL. W. Blood Bangor, Me. | St/pf. ami Parch. Agent— Arthur Brown. . .Ban g<.;

PRINCIPAL OFFICE AND ADDRESS Bangor, Me.

BANGOR AND PORTLAND RAILWAY COMPANY.

Main Line of Road.— Portland, Pa., to Nazareth, Pa 27.97

Martin's Creek Branch : Nazareth Junction to Martin's Creek, Pa 4.54—32.51 miles.

Leased : Easton and Northern RR., Belfast to Eastoii, Pa 8.00 in

Total length of lines operated June 30, 1891 .40.51 iuilrs.

Sidings, etc., 10 miles. Gauge, 4 ft. 81 in. Rail (steel, 32.51 miles), 56 and 60 Ibs.

History. — Chartered March 4, 1879 ; main line opened throughout on August 20, 1882 ;|
Martin's Creek Branch, December 28, 1885.

Rolling Stock, June 30, 1891. — Locomotive engines, 6. Cars — passenger, 10 ; freight, 5o.

Operations for year ending June 30, 1891 (average, 39.2 miles').— Train mileage — pas-!
senger, 63,792 ; freight, 42,532 ; other, 998— total, 107,722 miles. Passengers carried, 141.^
carried one mile, 957,009 ; average mile rate, 2.71 cents. Tons freight moved, 168,630 ; moved
one mile, 2,202.190; average ton-mile rate, 4.80 cents. Earnings— passenger, $25,955
freight, $106,314.17; mail, $1,792.14; express, $1,439.64— total ($3,456.68 per mile),
$135,501.68. Operating expenses ($2,195.37 per mile), $86,058.39. Net earnings (38.49
cent.), $49,443.29 ; add sale of bonds, $1,100— total, $50,543.29. Payments : Interest on
bonds, $19,189 ; dividends (6 per cent.), $7,266; taxes, $1,222 ; other, $22,671.21— total, $50,-;
348.21. Surplus, $195.08 ; surplus forward, $282.79— total, $477.87.

Financial Statement, June 30, 1891.— Capital stock (authorized, $350,000), $121, 100 ;|
funded debt, (income and collateral trust 6 per cent. 50-year bonds, due January 1, 19IJO,
interest January and July,) $320,000 ; permanent improvements, $37,366.99 — total, $ 1
466.99. Contra : Cost of road, $378,679.12 ; rolling stock, $99,310 ; cash and current assets,
$477.87— total, $478,466.99.

Annual meeting, second Tuesday in May, at Bangor, Pa. ; books close one week pre- 1
viously. Dividends payable January and July, at company's office ; interest at National Park
Bank, New York, or at company's office. Stock may be voted immediately on transfer.
Trustees of bonds : Moses Taylor, John I. Blair, and D. C. Blair. Registrar of stock, A. M.
Faff, Bnngor, Pa.

RAILROAD LEASED BY THE BANGOR AND PORTLAND RY. Co.

EASTON AND NORTHERN RAILROAD. -Belfast to Easton, Pa,, 8 miles. Rail (steel).
Chartered early in 1889, and road opened August 23, 1890. Leaded to the Bangor and Portland Ry. Co. Capita!
s^tock, $200,000. J. F. KNIGHT, President • Fred Green, Secretary and Treasurer, Easton, Pa.

Board of Directors, Bangor and Portland Ry. Co., elected May 12, 1891.

John I Blair Blairstown, N. J.

C. Miller Bangor, Pa.

D. C. Blair Belvidere, N. J.

George W. Mackey Bangor, Pa.

Jacob E. Loin

J.Moore Portlan

John I. Miller

William Bray East Bang..

John Buzzard "

C. MILLER, President and General Manager Bangor, Pa.

D. C. Blair, Vice-Preside nt Belvidere, N. J.

Secretary— George W. Mackey Bangor, Pa. [ Treasurer— John I. Miller

Auditor— W. M. Bennett Bangor, Pa.

PRINCIPAL OFFICE AND ADDREBS Bangor, Psi.

BARCLAY RAILROAD COMPANY.

Line of Koad.— Towanda, Pa., to Foot' of Plane 14.02 miU-s.

Sidings, etc., 2.25 miles. Gauge, 4 ft. S^ in. Rail (steel), CO and 70 Ibs.

History. — Reorganization September 24, 1891, of the Barclay Coal Co. The section of
road from Barclay to Foot of Plane was abandoned during 1891. (See MANUAL for 1

POOR'S MANUAL OF RAILROADS. 63

Ilinir Stock. — Locomotive engines, 2. Cars — passenger, 3 ; freight (box,' 1 ; platform,
il, 10), 21 ; caboose, 2 ; other car, 1— total, 27.

'rations for six months ending June 30, 1891. — Train mileage and traffic operations
rted. Earnings— passenger, $3,590.33 ; freight, $16,460.26 ; miscellaneous, $2,843.08
$22,893.67. Operating expenses, $10,559.37; net earnings, $12,334.30 ; add interest
and dividends, $2,883.90 ; other receipts, $'214.64— total, $15,432.84. Paid interest on bonds,
$1,900. Balance, surplus, $13,532.84.

Financial Statement, June 30, 1891.— Capital stock ($50 per share), $1,000,000 ; funded
debt. 1st mortgage 5 per cent. 20-year coupon bonds, due 1907, interest payable April and
October (authorized, $100,000), $76,000 ; current accounts, $828— total, $1,076,828. Contr-i :
Cost of road. $450,000; rolling stock. $15,070.12 ; real estate and buildings, $373,000 ; stocks
and bond?, $231,000 ; other property and assets, $11,812.50 ; cash on hand, $7,783.12— total,
$1,088,665.74.

Annual meeting, second Monday in February, at 204 Walnut Place. Philadelphia, Pa.
Books close fifteen days previous to dividend payments. Trustees of bonds : Andrew
Wheeler. J. Raymond Claghorn. Stock listed on the Philadelphia Stock Exchange.

From its organization in 1868 to the close of the fiscal year 1889, the company paid reg-
ular dividends ranging from 2 to 8 per cent, per annum. In 1890 one-half of 1 per cent, was
paid, making an aggregate of 126i per cent, paid by the company.

Directors. — William B. Warner, Xewtown. Pa. ; Andrew Wheeler, Philadelphia, Pa. ;
Henry C. Davis, Xew York, N. Y. ; H. H. Wilson, Anthony Taylor, Lawrence Johnson, Phila-
delphia. Pa.

J. RAYMOND CLAGHORN, President Philadelphia, Pa.

y and Treas. — Wm. B. Warner. . .Philadelphia, Pa. [ Ger<*ral *npt. — E. O. Macfarlane Towanda, Pa.

PRINCIPAL OFFICE AND ADDRESS 204 Walnut Place, Philadelphia, Pa.

BARRE RAILROAD COMPANY.

Line of Roail. — Barre, Vt., to Williamstown, Vt 9.26 miles.

Sidings, etc., 10.74 miles. Gauge, 4 ft. Si in. Rail (steel), 60 Ibs.

History. — Organized April 9, 1888, and road opened during 1889.

Rolling" Stock, June 30, 1891. — Locomotive engines, 3. Cars — baggage, mail, and ex-
press, 1 ; platform, 40; others, 2 — total cars. 43.

Operations for year ending June 30, 1891. — Train mileage not reported. Passengers,
carried, 12.912; carried one mile, 55,648. Tons freight moved, 91,744; moved one mile,
366,976. Earnings— passenger, $2,582.35 ; freight, $33,996.01 ; rentals. $714.69— total,
$37,293.05. Operating expenses — transportation. $8,510 ; motive power, $2,135.41 ; main-
tenance of cars, $423.89 ; maintenance of way and buildings, $6,476.04; shop machinery and
tools, $15.41 ; other expenses, $20.90 ; general, $1,723.52— total, $19.305.17. Net earnings,
$17,987.88. Paid interest on debt, $9,082.99 ; taxes, $904.37— total, $9,987.36. Surplus for
year, $8.000.52. Surplus from last year, $6,446.82— total surplus, $14,447.34.

Financial Statement, June 30, 1891.— Capital stock (authorized, $80,000 ; par, $100),
!3.10 ; bills payable, $142,351.08 ; current accounts, $45,590.36 ; wages and salaries.
$1,470.50; miscellaneous, $1,423.51 ; profit and loss, $14,447.34— total, $280,115.89. Contra :
st of road, $211,148.85 ; rolling stock, $48,827.09 ; real estate, etc., $12.750.17 ; materials
on hand, $1,421.06; due from agents, $82.70 ; due from other companies, $1,818.36; due
from companies and in iividuals, $2,082.70; other cash assets, $85.80; cash on hand
$1,909.16— total. $280,115.89.

Directors (elected May 28, 1891).— A. D. Morse, E. L. Smith, John Trow. F. W. Stanyan,
Barre, Vt. ; W. A. Stowell, Montpelier, Vt.

A. D. MORSE, President .Barre, Vt.

^ . A. Stowell, Vice- President and Managing Director Montpelier, Vt.

and Treasurer— Y. W. Stanyan Barre, Vt. | General Supt.—F. W. Stanyan Barre, Vt.

PRINCIPAL OFFICE AND ADDRESS Barre, Vt.

64 POOR'S MANUAL OF RAILROADS.

BATH AND HAMMONDSPORT RAILROAD.

Line of Road. — Bath, N. Y., to Hammondsport, N. Y 9.33 miles;

Sidings, etc., 0.6 mile. Gauge, 4 ft. 8i in. Rail (steel, 9.93 miles), 60 Ibs.

History. — Organized January 17. 1872 ; road opened June 30, 1875. (See 1891 MANUAL.!

Rolling' Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 2 ; baggage!
etc., 2 ; freight (box, 3 ; coal, 1 ; platform, 4), 8 — total, 12. Also, 3 service cars.

Operations for year ending June 30, 1891. — Train mileage and freight traffic, not rej
ported. Passengers carried, 4o,439 ; carried one mile, 406,227. Earnings— passenger:
$9,932.78 ; freight, $15,708.19 ; mail, $467.88 ; express, $3,956.14— total, $30,064.99. Oper|
ating expenses — maintenance of way, etc., $1,774.37 ; motive power, $798.32 ; cars, $278.05
transportation, $9,431.68 ; miscellaneous, $3,257.84— total, $15,540.26. Net earnings, $14,
524.73; add rental received, $338.96— total, $14,863.69. Paid interest on bonds, $ll,00o|
other charges, $1,709.99 — total, $12,709.99. Balance, surplus, $2,153.70. Deficit forward;
$4,865.76. Net deficit, $2,712.06.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $100,000 ; funded debt!
$200,000 ; current accounts, $4,482.02 ; loans and bills payable, $10,000 ; sundries, $376.2J
—total, $314,858.23. Contra : Cost of road, $268,435.14 ; equipment, $30,959.24 ; real estatj
and buildings, $6,500; current accounts, $5,345.99 ; cash, $905.80 ; profit and loss, $2,712.0i
—total, $314,858.23.

Funded debt consists of $100,000 1st mortgage 5 per cent. 30-year bonds, dated June 1
1889 ; interest payable June and December ; and $100,000 2d mortgage 6 per cent, bonds
dated July 1, 1889, and due $5,000 yearly from the third year to the tenth, and the remain!
ing $60,000 at 30 years from date ; interest payable April and October.

Directors.— Charles W. Drake, New York, N. Y.; Morris F. Sheppard, F. M. McDowell
Penn Yan, N. Y. ; D. Bauder, H. S. Stebbins, Hammondsport, N. Y. ; Frank Campbell, W
W. Allen, Bath, N. Y.

CHAKLES W. DRAKE, President New Vork, N. Y.

Morris F. Sheppard, Vice- President Penn Yau, N. Y.

Secretary— ~F. M. McDowell Penn Yan , N. Y. j Treasurer— Frank Campbell Bath, N. 1

Manager — H. S. Stebbins Hammondsport, K. Y.

PRINCIPAL OFFICE AND ADDRESS Hammondsport, N. Y.

BEECH CREEK RAILROAD COMPANY,

Main Line of Road. — Jersey Shore, Pa., to Gazzam, Pa 104.27

Branches to coal mines, etc ". 28.35

Trackage : Jersey Shore Junction to Williamsport 15.80—148.40 miles,

Sidings, etc. (owned, 37.29 miles), 46.37 miles. Gauge, 4 ft. 84 in. Rail (steel, 169.9:j
miles), 56 and 67 Ibs.

History. — The Beech Creek, Clearfield and Southwestern RR. was sold under judgineni
for debt June 4, 1886, a'nd the present company organized June 29, 1886. Leased to th<j
New York Central and Hudson River RR. Co. for 999 years from October 1, 1890, the lessei
guaranteeing 4 per cent, interest on the bonds and 4 per cent, dividends on the stock.

Rolling Stock, June 30, 1891. — Locomotive engines, 30. Cars — passenger, 5 ; combina
tion 5 ; freight (box, 26 ; Hat, 47 ; coal, 1,657 ; coke racks, 94), 1,824 ; caboose, 19 ; other
43— total, 1,896.

Operations for year ending June 30, 1891. — Train mileage— passenger, 166,432 ; f i
439.021 ; other, 263,110— total, 868,563. Passengers carried, 154,023 ; carried one mile
2,522,071 ; average mile rate, 2.85 cents. Tons freight moved, 2,422,687 ; moved one mile
200,604,709 ; average ton-mile rate, 0.50 cent.

Income Account, year ending June 30, 1891. — Earnings — passenger, $72,024.39 ; freight
$1,004,023.11; mail and express, $6,458.63; other, $18,730.87— total ($7,419.73 per mile
$1,101,237. Operating expenses and taxes ($3,705.41 per mile), $549,974.86. Net earning
(50.06 per cent.), $551,262.14. Payments : Interest on bonds, $200,000 ; on car trust note-

POOR'S MANUAL OF RAILROADS. 65

installments on car trusts, $74,500; State taxes, $19,209.92; dividend. ,$150,000,
er cent, for 9 months— total, $470,805.7."). Balance, surplus, ,$80,456.39 ; add
sundry items, transferred to income account (net), $10,543.69— total, $91,000.08. Surplus
from lust year, $71,237.47. Total surplus as per general balance sheet, $162,237.55.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $5,000,000 ; funded debt,

.000; interest on bonds and rental of equipment accrued, $119,470.8-i ; dividend pay-

ly 1, 1891, $50,000; current liabilities, $352,963.26; pro6t and loss, $162,237.55— total,

.071.64. Contra: Cost of road and equipment, $10,000,000; stocks and bonds, $10,-

: supplies, $49,071.79; due by agents and others, $295,211.81 ; loans, $200,000 ; cash,

104.43— total, $10,684,671.64.

Funded debt consists of 1st mortgage 4 per cent. $1,000 gold coupon bonds, dated July
due July 1, 1936, interest payable January and July, at the office of the Knicker-
.wcker Trust Co., New York City, and registered bonds' of $1,000 and $10,000 each (issued in
exchange for coupon bonds).

Annual meeting, first Friday after the first Wednesday in May. Books close 60 days
>reviously. Trustee of bonds, Knickerbocker Trust Company, New York City. Registrar
>f stock, Union Trust Company, New York, N. Y. Stock and bonds listed on the New York

Cxehange.

Directors (elected May 8, 1891).— Cornelius Vanderbilt, William K. Vanderbilt, New
fork, N. Y.; George J. Magee, Watkins, N. Y.; Joseph M. Gazzam, Philadelphia, Pa.;
ieorge F. Baer, Reading, Pa.; William W. Betts, Clearfield, Pa. M. E. Olm stead, ex-officio
larrisburg, Pa.

M. E. OLMSTEAD, President Harrisburg, Pa.

C. Vanderbilt, Vice-Preside nt New York, N. Y.

••— Allyn Cox New York, N. Y. Comptroller — J. Carstenscn New York, N. Y.

E. V. W. llas-iter New York, N. Y.

Gtneral Manager— 3. D. Layng New York, N. Y.

PRINCIPAL OFFICE AND A-DDRBSS Jersey Shore Junction, Pa.

J Jersey Shore, Pa.
Transfer Offices , „ , ~ , XT „ , „ ,r

(Grand Central Depot, New York, N. Y.

BELLAIRE, ZANESVILLE AND CINCINNATI RAILWAY COMPANY.

Line of Road.— Bellaire, 0., to Wilhelm Station, 0 101.75

-eased ; Muskingum County RR., Wilhelm to Mill River, 0 9.00

Package : Baltimore & Ohio RR.\ Mill River to Zanesville, 0 1.00—111.75 miles.

idings, 10 miles. Gauge, 3 ft. Rail (steel, 83 miles), 35 and 40 Ibs.

History. — Reorganization, December 1, 1889, of a company of the same name, which
'as formed February 28, 1882, by the consolidation of the Bellaire and Southwestern and
ie Zane«ville and Southeastern Ry. Cos. (See MANUAL for 1890, page 749.)

Rolling: Stock. — Locomotive engines, 7. Cars — passenger, 8 ; baggage, mail, and ex-
ress, 3 ; freight (box, 51 ; stock, 7 ; platform, 22 ; coal, 117), 197 ; caboose, 2— total cars, 210.

Operations for year ending June 30, 1891. — Traffic statistics not reported. Earnings
-passenger, $38,591.89; freight, $39,619.15 ; mail, $6,538.44; express, $3,046.33; miscel-
meous, $1,143.63— total, $88,939.44. Operating expenses, $101,250.24. Deficit, $12,310.80.

Financial Statement (Reorganized Company}.— Capital stock (par, $50) paid in — com-
ion, $832,000 ; preferred, $795,910. Funded debt, $1,000,000 1st mortgage 4 per cent. 50-
ear bonds, dated January 1, 1890. Of these bonds $262,000 are deposited with the Farmers'
oan and Trust Co., Trustees, New York, N. Y., to be used exclusively for paying off $250,-
X) prior lien bonds, bearing 6 per cent, interest from July 1, 1889, and having ten years to

, the company reserving the right to redeem those prior lien bonds at any time before

rity, at 105 and interest, on giving 60 days' notice. Registrar of stock, M. Hoeffler,
retary. Annual meeting, first Monday in January, at Woodsfield, 0.

MTJSKING-TJM COUNTY RAILROAD. -Zanesville, O., to a junction with the Bellaire, Zanesville

nnati Ry., 9 miles. Leased September 5, 1884, to the Bellaire, Zanesville aud Cincinnati Ry. Co. Cost

the L f ' lVay construction, $123,293.36. This road is under control of the county commissioners by an act

5

POOH S MANUAL OF RAILROADS.

Board of Directors, Bellaire, Zanesville and Cincinnati Ry . Co.

M. Churchill Zanesville, O.

John Hoge '• "

James Buckingham. . . "
James Ilordman " "

W. C. Mooncy Woodefleld, ().

John Lcmmox Freedom, O.

T. A. Welsh Captina, O.

S. L. Mooney Woodsfield, O.

P. Schumacher, Jr. . .Woo,

T. II. Armstrong

J. K. Gedck-s Zanesville (

M. Hoefller Woods" "

S. L. MOONEY, President Woodsfield, O.

M. Churchill, Vice- President Zanesville, O.

Secretary— "XL. Hoeffler Woodsfield, O. | Treasurer— W. C. Mooney WoodsfieU

A xditor and PHI chasing Agent — J. A. Cox Zanesville, O.

PRINCIPAL OFFICE AND ADDRESS Zanesville, O.

Transfer Office New York, X. Y.

BELT RAILWAY COMPANY OF CHICAGO.

Main Line of Road. — Auburn Junction to C., M. & St. P. Junction., .15.90

Branches : Pullman Junction to Irondale, 111., and others 5.41 — 21.31 mile

2d track (owned, 1.56 ; leased, 12.54), 14.10 ; sidings (owned, 27.14 ; leased, 18.41), 45.55 mile
Gauge, 4 ft. 8£ in. Rail (steel), 66 Ibs. per yard.

History. — Chartered November 22, 1882, and leased the Belt Division of the Chicago an
Western Indiana RR. Reported purchased in August, 1891, by the Chicago Union Transff
Co.

Rolling Stock, June oO, 1891 (leased). — Locomotive engines, 30. Cars— platform, 3£
coal, 30 ; dump, 29 ; caboose, 14; other, 6 — total cars, 117. On October 1, 1891, six IOCODK
lives were leased to this company by the C. & W. I. RR. Co.

Operations for year ending June 30, 1891. — Train mileage — freight, 917,258 ; othe
529— total, 949,782 miles. Earnings— freight, $675,688.08; other sources, $10,956.68— tots.
($32,221.72 per mile), $686,64176. Expenses— transportation, $153,173.49 ; motive pcwe
$174,011.14 ; maintenance of cars, $49,721.72 ; maintenance of way and buildings, $84,458.30
general, $35,875.04— total ($23,333.63 per mile), $497,239.75. Net earnings (27.58 per cent
$189,405.01. Payments : Rental C. & W. I. RR., $101,767.63 ; interest on debt, $4,440.82
taxes, $30,500— total, $136,708.45. Balance surplus, $52,696.56. Deficit from last yea
$717,050.08— net deficit as per balance sheet, $664,353.52.

General Balance Sheet, June 30, 1891.

Cost of Road, Rolling Stock, etc $434,489 TO

Real Estate 86,863 67

Current Accounts and Cash 227,566 55

Profit and Loss 664,353 52

Total Assets $1,413,273 44

Capital Stock (par, $100) $1,200,000

Current Accounts 213,273

Total Liabilities $1.;

Annual meeting, first Tuesday in June, at Chicago, 111. ; books close ten days previously
Stock may be voted immediately after transfer. Registrar of stock, M. J. Clark. The $1,00<>
000 additional stock was issued on August 8, 1890, to pay off indebtedness to the C. & \V.
RR. Co.

Directors (elected June 2, 1891).— O. S. Lyford, Chicago, 111. ; W. J. Spicer, Detroii
Mich.; Charles M. Hays, St. Louis, Mo.; E. B. Thomas, Samuel Thomas, New York, N. Y.

VOLNEY T. MALOTT, Chairman Board of Directors Chicago, 111.

B. Thomas, President and General Manager Chicago, 111.

Secretary and Auditor— M. J. Clark Chicago, 111. | Treasurer— John E. Murphy ( 'Ji

PRINCIPAL AND TRANSFER OFFICE Chicago, 111.

BENTONVILLE RAILWAY COMPANY.

Line of Road.— Bentonville, Ark., to Rogers, Ark 6.38 mile

Gauge, 4 ft. 8£ in. Rail, 56 Ibs.

Operations for year ending June 30, 1889. — Earnings — passenger, $5,322 ; freigb

POOR'S MANUAL OF RAILROADS. 67

mail, $307— total, $12,470. Operating expenses— maintenance of way, etc., $2.513 ;
..rtation, $5,006— total, $7,519. Net earnings, $4,951.

Financial Statement, June 30, 1889.— Capital stock, $13.600 ; funded debt, $25;000 ;
•urrenr accounts, $50,229— total, $64,829.
Directors.— Not reported.

A. J. BATES, President Bentonville, Ark.

J. H. McClinton, Vice-President Bentonville, Ark.

/.. ,{• (;,n. Man. -N.S.Henry. Bentonville. Ark. | Trtas. cfc G. F. A.—D. H. Woods Bentonville, Ark.

PRINCIPAL OFFICE AND ADDKESS Bentonville, Ark.

BERLIN BRANCH RAILROAD COMPANY.

Line of Road. — Berlin Junction to East Berlin Pa 7 miles.

'Sidings, 0.35 mile. Gauge, 4 ft. 8* in. Rail, 50 to 56 Ibs.

History.— Chartered 1876 ; road opened 1877. Equipment furnished by VV. Md. RR. Co.

Operations for year ending June 30, 1891. — Mixed trains run, 4,840 miles. Passengers
carried, 5.419 ; carried one mile, 29,304. Tons freight moved, 9,051 ; moved one mile,
^,259. Earnings— passenger, $978.81 ; freight, $3,730.03 ; mail and express, $366.37 ;
bther, $94.93— total, $5,165.14. Operating expenses, $4,305.16. Net earnings, $859.98.

Financial Statement, June 30, 1891. — Capital stock (authorized, $75,000 ; par, $50),
; $43,193. 19 ; funded debt (1st mortgage 6 per cent. 20-year bonds, due 1895, interest payable
; April and October, $25,000 ; 2d mortgage 6 per cent. 20-year bonds, due 1900, interest payable
; January and July, $17,900), $42,900; other liabilities, $15,941.73— total, $102,039.92.
Contra: Construction, $77,326.19 ; cash on hand, $340.46 ; profit and loss, $24,373.27— total,
1102,039.92.

Bonds are coupon in denominations of $100, $500, and $1,000. Annual meeting, second
Monday in January, at Abbotts'own. Pa. Trustees of bonds, Henry YV'irt, R. M. Wirt.

Directors. — A. W. Eichelberger, Stephen Keefer, R. N. Meisenhelder, Henry A. Young,
Hanover, Pa.; Daniel Eberly, Joseph Wolf, Abottstown, Pa.; Michael Rebert, William S.
dildebrand, Jacob Resser, W. G. Leas, East Berlin, Pa.

A. W. EICHELBERGER, President Hanover, Pa.

tertiary— Michael Rebert East Berlin, Pa. [ Treasurer— Jacob Resser East Berlin, Pa.

PRINCIPAL OFFICE AND ADDRESS Hanover, Pa.

BIRMINGHAM, SELMA AND NEW ORLEANS RAILROAD COMPANY.

Line of Road Projected.— New Orleans, La., to Selma, Ala 240 miles.

rn operation : Selma, Ala., to Martin, Ala 21 miles.

Sidings and other tracks, 1 mile. Gauge, 4 ft. 9 in. Rail (steel, 3.7 miles), 52 and 56 Ibs.

Hi>tory. — Incorporated November 16, 1886, and succeeded, by purchase, to the railroad,
ranchises, and other property of the Selma and New Orleans RR. Co.

Rolling Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger. 2 ; baggage,
nail, etc., 1 ; freight (box, 2 ; platform, 7), 9— total, 12.

Operations for year ending June 30, 1891. — Train mileage — mixed, 15,288 ; other, 2,-
H- total, 17,724 miles. Passengers carried, 21,373 ; carried one mile, 292,197 ; average
Qile rate, 2.99 cents. Tons freight moved, 10.234; moved one mile, 133,042; average ton-
nil e rate, 12.93 cents. Earnings— passenger, $8,763.15 ; freight, $17,205.71 ; mail, $868.68

tal, $26,837.54. Operating expenses — transportation, $6,835.04 ; motive power and cars,
,807.45 : maintenance of way, etc., $9,611.90 ; general, $3,654.10— total, $21,908.49. Net
arnings, $4,929.05. Paid taxes, $1,014.50. Surplus for year, $3,914.55.

Financial Statemeiit^Jime 30, 1891.— Capital stock (par, $100), $200,000 ; current liabil-
8, $6,597.82 ; profit and loss, $3.914.55— total, $210,512.37. Contra : Cost of road, $200,-
00 ; equipment, $8,168.75 ; cash and current assets, $2,343.62.

68 POOR'S MANUAL OF KAILROADS.

Annual meeting, first Wednesday in April, at Selma., Ala.; books close ten d;iys previ
ously. Voting power attaches to stock after thirty days' ownership.

Directors. — Alexander W. Jones, Alpheus M, Fowlkes, William P. Armstrong, Nonimi
Webb, Bishop S. Melvin, Selma, Ala.

A. W. JONES, President Selma, Ala.

SfC., Trea*. cfr Traffic Man.— A. M. Fowlkes.Selma, Ala. | Auditor— B. S. Melvin Selma. Ala!

PRINCIPAL OFFICE AND ADDRESS Selma, Ala.

BIRMINGHAM, SHEFFIELD AND TENNESSEE RIVER RAILWAY CO

Main Lino of Road.— Sheffield, Ala., to South Farrish, Ala 95.9

Riverton Branch : Margerum, Ala., to Riverton, Miss 11.1

Branches to quarries, mines, etc 12.0 — 119.0 milesi

Gauge, 5 ft. 8| in. Rail (steel, 98.90 miles), 56 Ibs.

History. — The Sheffield and Birmingham RR. was sold under foreclosure April 16, 1889
and was conveyed by the purchasers to the present company. (See MANUAL for 1891.)

Rolling Stock, June 30. 1391. — Locomotive engines, 11. Cars— passenger, 6 ; baggage!
mail, and express. 2; freight (box, 91 ; coke, 69 ; platform. 28; coal, 260 : ore dump, 85)|
533 — total cars, 541. Of the above, 9 locomotives and 4 passenger, 2 baggage, 66 box, 6l|
coke, 18 platform, 150 coal, and 85 ore-dump cars are held under car trusts.

Operations for year ending June 30, 1891. — Train mileage not reported. Passengers
carried, 48,116 ; carried one mile, 160,510. Tons freight moved, 312,703 ; moved one milej
8,842,510. Earnings— passenger, $34,974; freight, $141,563.09; mail, $3,899.16; express!
$1,066.65 ; miscellaneous, $4,448.02— total, $185,950.92. Operating expenses— transportaj
tion, $48,726.53 ; equipment, $18,999.24; maintenance of way, $50.799.21; general, $14,]
187.23— total, $132,712.21. Net earnings, $53,238.71.

Financial Statement, June 30, 1891.— Capital stock, $3,275,000 ; funded debt, 1st mort
gage 5 per cent. 40-year bonds, dated October 1, 1889, interest payable April and Octobe
($25,000 per mile authorized), $2,975,000— total stock and bonds, $6,250,000.

Directors (elected April 9, 1891).— Alfred Parrish, Philadelphia, Pa. ; P. Campbell
Sheffield, Ala.; N. Thouron, E. D. Smith, E. A. Hopkins, Philadelphia, Pa.

ALFRED PARRISH, President Bullitt Building, Philadelphia, Pa.

Vlce-Pres.— N. Thouron.. ..Bullitt Building, Phila., Pa. I G. J/., Fr., Tk., & P. A.— P. Campbell ..Sheffield, Ala

Secretary c6 Treas. — William Pears-all. Philadelphia Pa. I Auditor — L. Long

Cashier—*?. L. Carter Sheffield, Ala.

PRINCIPAL OFFICE AND ADDRESS Sheffield, Ala.

BOSTON AND ALBANY RAILROAD COMPANY.

Main Line of Road.— Boston, Mass., to Albany, N. Y 201.65 miles

Athol : Springfield to Athol 45.26

Grand Junction : Cottage Farm to East Boston 9.45

Newton Lower Falls : Riverside Junction to Newton Lower Falls. . . 1.10

Newton Highlands : Beacon St., Boston, to Riverside Junction 9.93

Saxonmlle : Natick to Saxonville 3.70

Milford : South Framingham to Milford 12.00

Millbury : Millbury Junction to Millbury Village 3.00

Spencer : South Spencer Station to Spencer 2.18

{Chatham and Hudson : Chatham, N. Y., to Hudson, N. Y 17.33—103.95

^ (North Brookjield RR. : E. Brookfield 10 N. Brookrield 4.00

<g J Pittsfield and North Adams RR. : Pittsfield to North Adams 18.55

* J Ware River RR. : Palmer to Winchendon 49.35

•-J [Prov., Webster & Springfield RR. : No. Webster to Auburn Station. 11. 23— 83.13 mile?

Total length of lines owned (305.60) and leased (83.13) 388.73 mi

2d track, 217.65 ; 3d and 4th tracks, 18.96 ; sidings, etc., 223.71. Total track owned (steel!
662.9 ; iron, 103.02), 765.92 miles. Gauge, 4 ft. 8± in. Rail, 63, 72, and 95 Ibs.

POOR'S MANUAL — BOSTON AND ALBANY RR. CO.

69

History. This company is a consolidation of the Boston and Worcester, the Western,

anv and West Stoekbridge, and the Hudson and Boston RR. Cos. (For history see

i. for 1885, page 43.) The Spencer RR. was purchased April 29, 1889.

Kollinir Stock, June 30, 1891. — Locomotive engines, 232. Cars — passenger, 284 ; baggage,

,,1 express, 56 ; freight (box, 3,228 ; stock, 156 ; coal, 2,145 ; flat, 709), 6,238 ; caboose,

S3 • other, 277— total cars, 6,938. The company also owns 19.36 per cent, of 4 buffet cars,

and Chicago Line.
Operation* for year ending June 30, 1891. — See tabular statement below.

Mi:cr $3.883,451 85 ) Expenses.— Transportation $3,876,12570

Freight 4,373,98825

Mail 211,784 as

Ex]>:v-~ 273,761 15

.neons 473,236 15

)tal ($23.708.54 per mile) .

2S

Motive Power 426,745 02

Maintenance of Cars 762.6S7 03

Maintenance Way & Buildings 1,565,151 48

General... 177,041 58

Total ($17,512.80 per mile) $6,807,750 81

K
et earnings (26.13 per cent.), $2,408,471.47. Charges against income : Interest, $468,-
; interest accrued not due, $194,058.33 ; dividends (8 per cent.), $1.600,000 ; rentals
(Pittsfield and North Adams RR., $22,500 ; Ware River RR., $52,500; North Brookfield RR.,
! $1,500 ; North Brookfield RR., accrued, $1,500), $78,000— total, $2,340,900. Balance, sur-
Iplttg, $07,571.47. Add surplus from 1890, $32,596.93. Total surplus, June 30, 1891, as per
; balance sheet, slOO,168.40.

General Balance Sheet, June 30, 1891.

Capital Stock $20,000,000 00

Stock Subscriptions 527,320 00

Funded Debt 10,858,00000

Dividends and Interest Unclaimed 401,809 00

Div. No. 29 (P. & X. A. RR.), July 1, 1890 11,250 00

Div. No. 35 OVare River RR.), July 1, 1890 26,250 00

Accrued Interest and Rentals 195,558 33

Ledger Balances 259,200 62

Improvement Fund 1,278,010 26

Road and Equip. (Set- MANUAL for 1886). $27.514, 116 50

Hudson River Bridges 475,485 CO

Materials on Hand 466,566 05

j Real Estate and Land 182,427 53

;iid Current Balances 1,004,073 44

Boston and Albany RR. 7 per cent. Bonds 305.611 46

Trustees' Improvement Fund 1,662,698 81

Springfield and Northeastern RR 438,358 28

;.-ceiv:ible 400,000 00

Newton Highlands Branch 411,400 00

Riverside Branch 231.865 76

j Spencer Railroad 67,917 25

Improvements at Springfield 581,735 08

Total Assets ... $33,742,355 16

Ware River Sinking Fund.
Profit and Loss . . .

84,688 55
100,168 40

Total Liabilities $33,742,255 16

Statement of freight operations for ten fiscal years, 1877 to 1891 :

YKABS.

! 389- 90

Road
Op'n.

DISTRIBUTION op FREIGHT.

Total
Freight.

Freight
Mileage.

Freight
Earnings

Freight
Expenses

PER TON M.

Through, i Way.

East.

West.

Er. Ex.

cts. cts.

1.070.98
1.191.09
1.091.07
0.940.81
.100.86
.100.90
.0810.78
.130.86
.110.79
1.160.83

1

cts.
0.09
0.10
0.02
0.13
0.24
0.20

o.so

0.27
0.32
0.38

M.
371. til

Tons. I Tons.
'.KT.'.'27 2.4-27.402
966.054 2.445.270
1,008,261 2.317.256
',02 2.349.991
998,802 2,508,174
1,023.55ft 2.651.033
1,083,791 2:695,106
I>j1.ii24 l.P5'.i.2?,2

911.853 3.002.020

Tons.
2.340.095
2,398,857
2,368.045
2.403.326
2:504,510
2,621.642
2,654.541

2.813,002
2,863,985

Tons. Tons.
1,075,234 3,415,329
1,012,467, 3.411,324

1C,;', 472 3.325.517
.5-16.41 3
1,001,966 3.506.476
1.U52.H47 3.674.5S9
1.074.3Mi o
1.02s.

1,<MM

Tons.
374.3ir.338
373.635.456
374.347.455
398,862,058
390,464.378
406.030:750
405.250.675
413.720.0S7
402.241,138
401,099.271

$
3.9S4.133
4,472,180
4,090,302
3,765,929
4,299.083
4.493.5S8

4.552.14*
4.446,586
4.373,988

3,662,673
4.<.60,02-
4,007,445
3,751,422
3.371,880
3.659.601
3,194,056
3.290.964
3,183,717
3,323,039

'led debt consisted, June 30, 1891, of $5,000.0007 percent, coupon or registered $1,000
t*rods, payable February 1, 1892, interest February and August, at Boston ; $2,000,000 6 per
cent, coupon or registered si. 000 bonds, payable July 1, 1895, interest January and July, at
Boston, Mass. ; and $3,858,000 5 per cent, bonds, payable April 1, 1892, interest April and
tober. at Boston, Mass. The 7 per cent, bonds were paid off at maturity from the proceeds
of an issue of s5. 000,000 new stock, authorized at the annual meeting in September, 1891,
and for which $527,320 (10 per cent.) had been subscribed at the close of the fiscal year.

70

POOR'S MANUAL — BOSTON AND ALBANY RR. CO.

The 5 per cent, bonds were issued in 1882 at the rate of $160 per share for $2,411,"
stock held by the State of Massachusetts. On the 27th of September, 1883, 17,588^ of the
shares so purchased were issued to stockholders in the proporcion of one share for each ten
shares owned, and on September 23, 1886, the remaining 6,527 shares were divided in th«-
proportion of one share for thirty.

Statement of operations, capital accounts, etc., Boston and Albany RR., for five
(1884-1888), ending September 30 ; and three years (1889-1891), ending June 30 :

1884

1885

1886

1887

1888

1889

1890

1891

Miles of Railroad Operated.
Miles of Railroad Owned ..
Miles of Track Owned

384.37
301.53
735.05
524.09
243
225
51
6,157
1,949,970
3,010,215
5,680,060
8,794,412
94,721
167,402,441
3,325,517
184,252
824,009
373 347,455
$
3,193,452
4,090.302
363.336

384.42
301.48
730.48
565.94
243
223
51
6,110
1,985,604
3,141,895
5,789,392
8,874,030
90,120
167,097,784
3,446,413
157,683
938,739
398,862,058

3,071.263
3,765,929
371,281

387.42
304.48
743.47
594.19
245
233
52
6.198
2,069,738
2,935,251
5,694,881
9,726,907
103,991
177,787,439
3,506,476
143,601
854,701
390,464,378

3,294,008
4,299,083
395,835

387.61
304.52
748.61
609.28
252
246
53
6,417
2,294,064
2,936,894
6,058,410
10,715,345
107.793
191,843,184
3,674,589
151,550
872.006
406,030,750

3,605,979
4,493,588
417,472

388.58
304.52
752.27
619.86
253
266
53
6,609
2,336,543
2,585,729
5,960,550
10,991,868
98,765

'3,728,897
156,338
877,453
405,250,675
S
3,647,784
4,385,817
415,739

388.73
306.85
759.90
634.29
251
265
52
5,945
2,408,125
2,576,211
5,939,684
10,847,635
97,833
194,676,587
3,859,516
152,211
950,319
423,276,435
S
3,638,348
4,350,172
515.862

388.73
305!89
762.29
727.75
240
273
53
6,716
2,745,224
3,134,028
5,960,300
11,295,637
100,714
201,128,880
3,883,115
136,856
818,039
402,241,138

3,768,860
4,446,586
935,623

56

6,217,737

211.85-2.18i

152,546
759,307

Miles of Steel Rail

Locomotive Engines
Passenger Cars
Baggage, Mail, etc., Cars ..
Freight and Other Cars
Revenue Pass. Train Miles.
Revenue Freight Tr'n Miles
Total Engine Miles.

Passengers Carried

Passengers Through
Passenger Miles
Freight (tons) Moved

Freight through -j Jjf^
Freight (ton) Miles

Passenger Earnings

Freight Earnings
Miscellaneous

Gross Trans. Earnings . ...
Gross Expenses

Net Earnings. ...

7,646.990
5,785,877

'7,208,473
5,2.)3,676

7,988,921
5,810,388

8,517,039
6,373,636

8,449,340
6,471,956

8,504,382
5,975,606

9,151,069
6,276,778

1,861,113
501,723

1,914,797
429,509

2,178,533
309,812

2,143,403
408,707

1.977,384
433,324

2,528,776
507,943

2,874,291

Rents and Other Income. . .
Available Revenue

Lease Rentals
Interest

3,362,836

75,000
662.900

(8) 1,547,804

77,132

22,128 72
15,002 14
7,126 58
71. 01 p. c.
1.91 c.
1.09c.
S
20,000.000
10,858,000
382,504
37,500
74,900

2,344,306

75,000
602,900

(8)1,547,804

58,602

19,868 83
13,770 55
6,098 28
69. 31 p. c.
1.84c.
0.94c.

20,000,000
10,858,000
392,624
37,1:00
101,400

2,488,345

78,000
663,4:20

(8)1,547,804

199,121

21,420 51
14,997 64
6,422 87
70. 02 p. c.
1.85c.
l.lOc.
S
20,000,000
10,858,000
386,488
40,500
98,000

2,552,109

78,000
662,900

(8)1,599,565

211,644

23,038 94
16.451 49
6,587 45
71.41 p. c.
1.88 c.
l.lOc.
$
20,000,000
10,858,000
402,653
40,500

2,410,708

78,000
662,900

(8)1,600,000

69,808

21,743 01
16,655 40
5,087 61
72.86 p. c.
1.87c.
1.08c.
$
20,000,000
10,858,000
411,937
40,500

3,036,719

79,500

856,958

(8)1,600,000

500,261

21,800 17
15,372 12
6,428 05
70. 38 p. c.
1.87c.
1.02 c.

20,000,000
10,858,000
453,338
39,000

2.S7'4,-'»1

78,000
662,900

(8)1,600,000

533,391

23,465 48

16,09o 13
7,370 35
6S.59p. c.
1.86c.

20,000,000
10,858,000
402,758
37,500

(8) 1,«00,00<

17,513 B
r3.87p.<

Dividends

Surplus

Gross Earnings per Mile. . .
Gross Expenses per Mile. . .
Net Earnings per Mile..
Expenses to Earnings ....
Aver. Rate p. Pass. p. Mile.
Aver. Rate p. Ton p. Mile. .

Capital Stock .

Funded Debt
Unclaimed Int. & Dividends
Dividends and Leases

Accrued Interest & Rentals.
Ledger Balances

194,058
387,408
1,117,702
74,666
543,611

195,558

1,780',106
79,003
32,597

267,300
833,596
55,316
61,848

358,986
879,427
59,350
120,449

313,584
939,575
63,357
215,570

307,575
1,004,855
67,863
427,215

395,696
1,073,178
72,371
497,022

Improvement Fund

Ware River Sinking Fund. .
Profit and Loss

Total Liabilities
Construction
Equipment

35,570,964
24,368,716
3,145,400
475,485
566.189
1,177,016
365,164
734,324
888,913
488.358
411,400

3-2.807,736
24,368,716
3,145,400
475,485
666,310
1,177,016
365,164
354,408
1,238,778
438,358
578,101

32,915,074
24,368,716
3,145,400
475,485
310,329
1,131,187
365.164
734,237
1,302.932
438,358
643,266

33,1 08,661
24,368,716
3,145.400
475,485
352,887
1,154,581
365,164
792,086
1,372,718
438,358
643,266

33,348,704
24,368,716
3,145,400
475,485
529,471
1,205.015
365.1(54
732,280
1,44:>.54!>
488,858

33,667,783
24,368,716
3,145,400
475,485
497,089
1,213.17S
367,105
656,659
1,492,868
438.358
643,267
67,917
302,241

33,052,976
24,36S.716
3,145.400
175,488
325,063
167,154
365,164
993,987
1,559,109
438,858

67,917

503.357

H 1 1 dson River Bridges
Materials

Real Estate and Investm'ts.
Ledger Balances. . .

Cash and Bills Receivable. .
Trustees Improvem1ntFund
Springfield & N. East'n RR.
Branch Lines
Spencer RR

7 "iprovements at Springfield
B. & A.RR. 7 p. c. Bonds..

Total Assets

32,570,964

32,807,736

32,915,074

33,108,661

33,348,704

33,667,7&3

33,052,976

This amount includes $527,320 stock subscriptions.

POOR'S MANUAL OF RAILROADS.

71

Dividends of 2 per cent, each have been paid quarterly since 1881, on the last days of

June, September, and December each year, payable at company's office.
Annual meeting, fourth Wednesday in September.

RAILROADS OWNED OR LEASED BY THE BOSTON AND ALBANY RR. Co.

NORTH BROOKFIELD RAILROAD.— East Brookfield to North Brookfield, 4 ; total track, 4.65

'.i.-mered in March. 1875 : road opened January 1, 1876. Rental for year ending June 30, 1890, $3,000 ;

:pts. $131.79— total income, $3,131.79. Payments, expenses, etc., $210.78 ; dividends (3 per cent.),

•ill, $3,210.78. Balance, deficit, §78.99. Capital stock, §100.000 ; surplus, §5.699.38— total, §105.699.38.

- •:.. 45(1.79 : other property, §75 ; cash, etc., §167.59— total, §105,699.38. BONU.M NYE, Preri-

• a B. Dewing. Treasurer ; Theo. C. Bate?, Clerk. CORPORATE OFFICE, North Brookfield, Mass.

PITTSFIELD AND NORTH ADAMS RAILROAD. -Pittsfield to North Adams, 18.55 ; total,

. miles. Hail (steel, 13.35 miles). 63 and 1*2 Ibs. Chartered March 18, 1845 ; road opened December 1,

146. Leased to the Boston and Albany RR. Co. for 99 years from January 30, 1876, at 5 per cent, on cost.

ental, $22,500, from which were paid two dividends (January and July) of 2^ per cent. each. Capital stock,

450.000. representing cost of road and equipment. JARVIS N. DUNHAJJ, President, Pittsfield, Mass. ; Charles

ns. Treasurer, Boston, Mass. ; James A. Rumrill, Clerk, Springfield, Mass.

PROVIDENCE, WEBSTER AND SPRINGFIELD RAILROAD. -Webster, Mass., to

-•ation iB. & A. RR.). Mass., 11.02 miles ; branch, Webster to East Webster, 1.17 miles— total, 12.19

>tal track, 13.93 miles. Rail (steel). 56 Ibs. Chartered March 23, 1882 ; road opened in June, 1884. Oper-

::e Boston and Albany RR. Co. Income year ending June 30, 1891, $5,640.95. Payments : Interest,

taxes and other charges, §867.85— total. §5.744.55. Balance, deficit, $103.60. Capital stock, §160,000 ;

nfonded debt. S81.692.T5: profit and loss, §3,112.90— total liabilities, §244,805.65. Contra: Cost of road,

• l ; other assets. §1,523.01— total assets, §244.805.65. H. N. SLATER, President and Treasurer ; Charles

itrfc. Webster, Mass. CORPORATE OFFICE, Webster. Mass.

Board of Directors, Boston and Albany RR. Co., elected in December, 1891.

l.'illiamBliss Boston. Mass.

• otm Cnmmings Woburn, Mass.

i dward L. Davis. .Worcester. Mass.

Zenas Crane Dalton. Mass.

Edward B. Gillett..Westfield. Mass.
Samuel Hoar Concord, Ma.-s.

: hauncey M. Depew.NewYork.N.Y. Moses Kimball Brookline, Mass.

Jacob C. Rogers... Peabody, Mass.
James A. Rumrill. Springfield, Mass.
Chas. S* Sargent. . .Brookline, Mass.
John P. Spanlding Boston, Mass.

Edward D. Hayden Woburn. Mass.

WILLIAM BLISS, President Boston, Mass.

E. D. Hayden, Vice -President and Secretary Boston, Mass.

'•— C. E. Stevens Boston. Mass. I Auditor— M. E. Barber Boston, Mass.

PRINCIPAL OFFICE AND ADDRESS Boston, Mass.

General Offices Kneelaud Street, Boston, Mass.

BOSTON AND MAINE RAILROAD COMPANY.

( Boston, Mass., to Portland, Me 115.50 miles.

Main Lines of Eoad : - Bo;?ton, Mass., to New Hampshire State Line. . 41.45 miles.

( Conway Junction, Me., to North Couway, N.H. 72.86 miles.

• Branch : Everett to Lynn, Mass 9.55

*e Branch : Salem to North Andover, Mass 19.89

uth Reading Branch : Peabody to Wakefield, Mass 8.12

-•r Branch : Beverlv to Rockport 16.94

: I ranch : Wenham to Essex, Mass 6.00

! '.ranches : Medford, 2; Methuen, 3.75 ; Great Falls, 2.75 : East
Boston, 3.47; Charlestown, 1.09 Swampscott, 3.96; Marblehead,

3.52 ; Asbury Grove, 1.06 ; Salisbury, 3.79 25.39— 85.89 miles.

sased lines (as per statement on page 74) . . 894.33 miles.

Total length of all lines (owned, 315.7 ; leased, 894.33) operated 1,210.03 miles.

'1 track (owned, 118.03 ; leased, 91.99), 210.02 miles. Sidings (owned, 199.91 ; leased, 316.26),
17 miles. Total track (owned, 633.64 ; leased, 1,302.58), 1,936.22 miles. Gauge, 4 ft. 8i
n. Rail (steel, 1,356.02 miles), 60 to 75 Ibs.

History.— Consolidation, May 9, 1890, of the Boston and Maine, the Eastern, and the
tsmoutb, Great Falls and Conway R$. Cos. (For history of those companies see MANUAL
'90, and for terms of consolidation see MANUAL for 1891, page 61.)

72

POORS MANUAL — BOSTON AND MAINE EF. CO.

Rolling Stock, September 30, 1891. — Locomotive engines, owned, 2G9 ;
total, 481. Cars as follows :

Passenger Train
Cars (877).

Owned.

Leased.

Freight Train
Cars (10,060).

Owned.

Leased.

Other Cars
(246).

Owned.

448

260

8-wli Box

1 9G4

1 450

Gravel

Baggage Mail, and

4-wh. Box .

119

283

Pile-Driver

Express

89

50

8-wh. Stock

33

14

Derrick

19

Parlor

12

18

8-wh. Coal.

332

132

Tool.

2

8-wh Caboose

6?

58

Boardin<T

10 1

Directors and Pay. .

2

I

4-wh. Caboose. . .
8-wh. Platform. .
4-wh. Platform ..
4-wh. Coal Dump
8-wh Oil Tank

4
1,567
499
829
5

1,426
83
1,161

Steam Shovel
1 Other Cars
Snow Ploughs

'.!

IS

31

(5-wh Stone

14

8-wh. Refrigerator.

13

10

Total

551

*326

Total .

5 422

4 638

Total

101

Leased

* Indues 18 cars, 70 per cent, of which owned by Boston and Lowell RR. Co. and 30 per cent, by Cai
Pacific Ry. Co.

Operations for year ending September 30, 1891. — See tabulated statement on pair.

Expenses.— Transportation $3,8:

Motive Power 2,7'.''

Maintenance of Cars !.» '

Maintenance Way & Bldgs. . . . 2,0'
General 8: ;

Earnings.— Passenger §7,514,770 89

Freight .*.... 7,011,127 44

Mail 196,720 55

Express 411,98927

Extra Baggage and Storage . . . 48,054 38

Total (S12.696.09 per mile) $15,18-2,062 53

Rents of Tenements, Land, etc 185,761 55

Income from Investments 221,227 33

Income from Use of Road .' . . 11,639 09

Eastern Transfer Earnings 10,785 18

Interest 24,396 28

Miscellaneous Income 43,524 78

Total ($8,301.83 per mile).
Taxes.. .

.$10.04.'

Gross Receipts ($12,958.35 per mile). .$15,679,996 74 Total Expenses ($8,866.46 per mile)... $10,

Net earnings (31.58 per cent.), $4,951,312.38. Payments : Interest on funded debt,
223.70; on other debt, $181,077.5? ; rentals leased roads (details below), $2,018,090.25— total;
fixed charges, $3,864,601.31. Balance, $1,769,920.86. Paid trustees sinking fund, les-
purchased and cancelled, $68,381.05 ; dividends (on common stock, May 15, 1891, 4£ p>
$569,898 ; on preferred stock, March 1, 1891, 3 per cent., $94,491 ; on common stork, -!
percent., declared payable November 16, 1891, $570,150), $1,329,030— total, $1,897,411.0:,;.
leaving surplus for the year, $372,509.81, of which there was credited to equipment fundJ
$300,000 ; injury fund, $50,000 ; leaving amount to credit of profit and loss, $23,509.81.

Lease Rentals paid during Year: Boston and Lowell, $685,565.61 ; Worcester, Na
and Rochester, $250,000 ; Connecticut and Passumpsic River* RR., $233,000; Portlan-
and Portsmouth, $90,400 ; Northern RR., $197,920; Portsmouth and Dover, $46,140 ; I/>\
ell and Andover, $52,500 ; Dover and Winnipiseogee, $29,000 ; Eastern RR. in >
shire, $22,500; Xewburyport City, $6,000; West Amesbury Branch, $5,700 ; Wolfi -
$2,290; Kennebunk and Kennebunkport, $2,925 ; Manchester and Lawrence, $1'
Nashua and Lowell, $73.000 ; Stony Brook, $21.500 : Wilton, $20,400; Perrrhoroii:
699.64; Central Massachusetts, $101,500 ; Massawippi Valley, $36,000.; sundry track
$4,050— total, $2,018,090.25.

Annual meeting, second Wednesday in December. Books close for annual in
preceding same: for dividends, when they are declared. Stock and bonds listed <>::
Stock Exchange. Coupons of all bonds, except Eastern RR. sterling loan, pa;
Second National Bank, Boston ; sterling loan coupons payable in London. Regist*
payable at the company's office, Boston, Mass.

DIVIDENDS. — For Dividends paid prior to 1879, see MANUAL for 1888, and for tho.s<
from 1881 to 1890, see MANUAL for 1891.

POOR'S MANUAL — BOSTON AND MAINE RK. CO.

73

tatemrnt of operations, capital account, etc.. for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

liHilroad owned...
ratrd (average)...
i'nu-k Owned ... .
Uail Owned .
Live Engines

. CUTS

'nrs
•• Train Miles ... .
:Y:iin Mill's
ra C'arried

~

194; 00

i9r.2'>

92

205
1,868
1,289.545
540,088
7.054,309
89,587,566
958.332
44.93J.544

3.00*1.803
2,102,590

124.00
489.17

•2S4.03
197.27
207
428
4,131
2.7K4.S01
1.279.18(>
15.587,375
204.301.021
2.132.954
114,506-044

6,511,560
4,185,099

124.00
560.03

290.18
212.69
233
473
4,804
3.084,970
1.507.212
17.022.5S1
224,223.291
2,703.201
129,125871
S
7.543,691
4,801,798

124.00

21 6. CO
240
494
5,292
3,330,535
1,653,188
18,368,807
239.707,344
2.950.787
144,6^0^880
8
8.192,382
5,343,676

124.00

297.43
220.32
4-21
7S9
10.406
5,618,402
3,024,807
26,639.521
335,102.183
5,569,830
291,559,747
g
13.110.798
9,332,921

12-1.00

1,210. as

296.86
2-24.77
441
811
10.343
5,673,153
3,503.846
28,719.884
379,845,483
5,975.137
334031246

s

14,059,133
9,628,502

315.70

1.210.03
615.23
454.94
452
824
10,445
5,824,270
3,036.14-2
30.322.9-23
408,494-403
6,835,003
432.248-285
$
15,531,191
10,567,214

315.70
1,210.03
633.64
454.94
481
877
10,306
6,253.426
4,184,324

41&4 12.055
6,764,244
426,909-177

15,679,996
10,728,684

Moved
Miles

.:-nin«r*
.;>en-e.s and Taxes.

line:*
•ntals
,ud Sinking Fund.

899,213
90.125
245,000

(8) 560,009

"V" 4,088

14.714 72
10.306 S-2
4.407 W
70.04 p. c.
1 .90 e.
2.34 c.

s

6.021,274
3,500,000

789,700
215,886
1, (312,917

2.326,461
1.525.526
266,424

(8) 560.000
134,511
+ 140,000

13.311 45
8.555 51
4.755 94
64. 27 p. c.
1.74 c.
2.13 c.

6,921,274
4,115,000
653,985
1,173,812
1,832,184

2.741.^08
1.3H5.117
255i440
(91)665,000
" 421.310
+ 35. OX)

13.470 15
8.574 17
4. M»5 9S
63. 65 p. c.
1.808 c.
2.269 c.
S
7,000,000
4,426,000
300.000
1,786.862
1,847,549

2,84*.706
1,451.075
260.609
(10)700.000
436,000
+ 1.022

13.826 57
9,018 71
4,807 86
65. 23 p. c.
1.8-250.
2.217 c.

7,000,000
5,000,000
400,000
2.099.647
1,799,001

3,777,877
2,862,902
296,486
(9) 630,000

4,430,631
2.933,517
854,853

(9) 630.000
436.000

t- 76.261

11,618 83
7,957 24
3.661 59
68. 49 p. c.
1.802 c.
1.857 c.

7,000,000
6,484.000
2,600,000
3,433.654

1,917,950

4,963,977
£.576.381
831.302
1,042,211

'+514,683

12.835 38*
8.733 02*
4.102 36*
fti.04 p. c.
1.799 c.
1.647 c.

16,297,744
17,393.920
2,550,000
5,410,107

2,215,781

4,951,312
2,018,090
1,231,682
1,329,030

|{R. Co

- 11,511

10.846 21
7,720 88
3.125 33
71. 19 p. c.
1.937 c.
1.955 C.

7,000,000
5,673,000
2,278.000
2,839,494
1,777,950

+ 372,510

12,958 35*
8,866 46*
4,091 89*
68. 42 p. c.
1.818 c.
1.642 c.

18,654,654
17,076.694
3,029,000
5.348,683

2,176,191

.mines per Mile...
\:>eusi-s per Mile...
:in<_r> per Mile
- to Earnings
er. Rate p. Pass. p. Mile,
ite p. Ton p. Mile. .

<:ock
Debt

vablo

i'ilitie-

Liabilities
ilroads

13.039,777
9,512,780

1.308.180
1.448.969

229.751
280,261

14,696,255
9,620,938
1.308,180
1,089,994
678,848
1,401.534
596.761

15,360,411
9,620,933

1.308.180
1,171.226
808,157
2,236,890
215,020

16.298.648
9,620,938
1,308.180
1.127.943
841.791
3.751,256
248,540

19,568.444
9.620.938
1.308,180
1,334,657
1,495.524
5,647,396
161,749
:

21,435,604' 43,867,552
9.620,9:38 27,876,355
1.308.180 4.377,694
1 .7iT0.469. 5,384,&30
1.565,133 1.386.191
6,445,^93 3,593,169
795,191. 1.249,813

46,276.222
28,305,310
4,377,694
6.271.613
1,828,518
4,542,376
950,711

nipments

vestments

- and Materials

. ASJiL'tS

13.:)?.9.7;7 14.fi9fi.955 15.3fiO.411 16.29S.fi4S 11. -68.444

-21.435.604 43.R67.55i

46,276,222

tral Massachusetts RR. Construction.

from A<rent< and Conductors

f Sinking Funds

irovement Accounts of Leased Roads.

dries

s Receivable

rued Taxes...

rent Traffic Balances. . .

* Calculated upon the figures given. in this table-

General Balance Sheet, September 30, 1891.

Capitol Stock (see below > $16,297,743 80

Subscription to New Common Stock 2,356,910 00

Funded Debt (see below? 17,076,694 36

Notes Payable 3,029.00000

Land Mortgage Notes 594,800 00

Suspense Account 1,041,937 90

286,572 68 I Unpaid Wages 246,13520

493,998 04 Accrued Rentals, not yet due 398,774 70

3>-i3.VJ51 34 Accrued Interest, not yet due 188,767 72

3W.175 91 Sinking Funds. .' 393,851 34

225.672 03 Equipment and Injury ($150.000) Funds.. 375,405 70

»!43,fi5S 36 Sundry Lea^e Accounts 349,991 53

132.113 3fi ' Current Accounts 1 .750,018 44

151.43065 Profit and Loss 2,176,19083

t of Road $2^.305,309 76

' Equipment " 4.::77.693 94

ck*. Bonds, and Investments 6.271,612 97

erials and Supplies 1,828,518 69

i from Companies and Individuals . 1,824,90264
h 950,711 15

Total Assets $46,276,221 52 Total Liabilities §46.276,221 52

"Capital Stock" consisted September 80, 1891, of common stock (B. & M. $13,128,800;

stem, $6,408.32 ; P., G. F. & C., $333.12 ; B. & M. scrip, $12,358.56), ,$13,147,900 ; and

•ferred stock (B. & M., $3,148,200 : Eastern, $1,500 ; Eastern scrip, $143.80), $3,149,843.80

°tal, £16.297,743.80.
Nearly all of the $4,656,400 new stock referred to in the MANUAL for 1891, pag*» 1097,

s been subscribed for. The capital stock as increased will be $20,954,000, and will consist
7,804,300 common and $3,149,700 preferred, of which $501,800 common is held by the

stees of the Eastern RR., on which no dividends are paid.

Stocks, Bonds, and Investments " in above balance sheet are as follows : Bonds. — St.

msburyand Lake Cham plain RR., $520,500; Newburyport RR., $298.464.95; Danvers

74

POOR S MAVUAL — BOSTON AND MAINE RR. CO.

RR., $125,000— total, $943,964.95. Stocks.— Maine Central RR., $2,264,400 ; Bosl
Maine RR , $682,300 ; Portland and Rochester RR., $482,050 ; Wolf borough HI;
Dover and Winnipisseogee RR., $263,144.48; York Harbor and Beach RR., $248,551 -
land and Ogdensburg, $146,238.80; Orchard Beach RR., $49,624.89; Chelsea Beach HH
$91,000; Franklin and Tiltoii RR., $105,000; Northern RR., $70,000; Portland IV
Station Co., $25,000; Portland, Mt. Desert, and Machias Steamboat Co., $15,000; i
RR.. $2,345 ; St. Johnsbury and Lake Champ! ain RR., $4,283.56 ; Eastern RR. ii.
$900 ; St. John Bridge and Ry. Extension Co., $684 ; Newburyport RR., $4,047— total, $4J
798.667.73. Investments.— Steamer Mt. Washington and wharves, $73,455.32; j;
Elevator, $51,825.76 ; real estate, $403,699.21— total, $528,980.29.
Statement of funded debt outstanding, September 30, 1891 :

DATE.

INTEREST.

I Amount

Outstanding.

Issue.

Maturity.

Rate.

Payable.

Plain Bonds, Coupon and Registered

1873

Jan. 1, 1893

PA c-

Jan. & July

1,500,000 00

Plain Bonds, Coupon and Registered
Improvement Sinking Fund Bonds
Improvement Sinking Fund Bonds
Improvement Sinking Fund Bonds
E. RR., IT. S. Gold Certificates, and Scrip
E. RR. Sterling Gold Certificates
P., G. F. & C. RR. 1st Mtge. Coupon Bonds

1874
1885
1887
1887
1S76
1876
1877

Jan. 1, 1894
Feb., 1905
Feb., 1907
Feb., 1937
Sept. 1, 190fi
Sept. 1, 1906
June 1, 1937

4
4
4
6
6
4}

Jan. & July
Feb. & Aug.
Feb. & Aug.
Feb. & Aug.
Mar. & Sept.
Mar. & Sept.
June & Dec.

2,000,000 00
1,000.000 00
500,000 00
1,919,000 00
7,399,000 21
1,728.094 15
998,000 00

1,000

P., G. F. & C. RR. 1st Mtge. Coupon Bonds

1877

Dec. 1, 1892

4

June & Dec.

2,000 00

Essex RR. Mortgage Coupon Bonds (ext.). .

1851

Sep. 15, 1891

4i

Mar. & Sept.

28.800 00

Essex RR. Mortgage Coupon Bonds, not ex.

1851

Sep. 15, 1876

4*

Mar. & Sept.

1,800 00

$17,076,694 36

The $594,800Charlestown land mortgage notes which appear among the liabilities in tl
balance sheet, bear 4-J- per cent, interest, and are payable January, February, and Man

The following statement shows tbe different leased lines, giving their terminal point!
mileage, date of lease, term of lease, and annual rental, on September 30, 1891 :

NAME OF ROAD.

TERMINAL POINTS.

Length
of
Road.

Date of
Lease.

Term of
Lease.

From

To

Danvers RR

Wakefield Jc.,Mass.
Bradford

Danvers, Mass
N'wb'p't&Dv.Mass.
Alton Bay, N. H.. .
Newton Jc.,N. H..
Lowell Jc., Mass. .

Saugus River Jc
Me. State Line
Wharves
Dover, N.H
Portland. Me
Wolfboro, N. II....

Miles.
9.26
26.98
29.00
4.45
8.73
4.50
3.34
16.08
1.97
10.88
50.76

isloa

98.09

14.50
110.30
36.75
98.77
18.18
15.50
10.50
29.59

94.48
82.91
18.51

70.90
22.39

May 1. 1885
Feb. 21, 18CO
Nov. 1, 1864
Jan. 9, 1873
Oct. 1, 1874
June 18.1883
Stock all o\\
Nov. 9, 1840
Sept. 1, 1873
Feb. 1. 1874
Apr. 28, 1S47
1872
Apr. 1. 1887
1 These line
bv the
Lowell I
were ace
• (B. & M
under tb
lease of
of the 1
j Co.

Jan. 1, 1886
-Jan. 1,1890
Sept. 1. 1887

Years.
100
100
50
Perpetuity.
99
90
ned by Bostc
99
20
50
Perpetuity.

99

s were leased
Boston and
III. Co.. and
uiredbytbi*
.) company
e terms of its
the property

50
50

Newburyport RR. . .

Dover & Winnipiseogee RR.
West Amesbury RR

Dover, N. H
Merrimac, Mass
Lowell, Mass
In Kenneb'kp'^Me.
Revere Jc., Mass...
N.H. State Line...
Eastern RR
Portsmouth, N. H..
Me. State Line...
Wolfb'r'ghJc.,N.H.
See below

Lowell & Andover RR
Ken'eb'k& Kenneb'kp'tRR.
Chelsea Beach RR
Eastern RR. in N. H
Newburyport City RR
Portsmouth & Dover RR . .
Portrd,Saco & P'rtsnvth RR.
Wolf borough RR
Boston & Lowell RR. <fc brs.

Nashua & Lowell RR
Ct. & Passumpsic Rvs. RR.
Mnssawippi Valley Ry
Central Massachusetts RR.
Stony Brook RR
Wilton RR

Lowell. Mass
White River Jc.,Vt.
Vermont Line
No.C'mb'geJc.Mass
No.Chelmrf'cLMass
Nashua. N. II
Wilton, X. 11.
Keene, N. II.. .

Nashua, N. H
Canada-Vt. Line ..
Lennoxville, P. Q..
Northampton, Mass.
Aver. Mass. .
Wilton, N. II
Greenfield, N. II . ..
Greenfield N H

Peterborough RR

Manchester & Keene RR.*

Worc'st'r, Nas. & R'ch'r RR.
Northern (N. H.) RR. & hr..
Peterh'gh «fc Hillsboro1 RR.
C'nc'd & Cl'rem't RR. & br.
Manchester & Lawrence RR.

Tot. length of leased lines

Worcester. Mass...
See pa(re til

Rochester, N. II

Peterborough',!*. H!

Sec pa ere. (>'.).
Manchester, N. H..

Hillsboro1 Br., N.H.
Massachusetts Line.

894.33

* Operated for joint account with Concord and Montreal RR.

POOR'S MANUAL — BOSTON AND MAINE SYSTEM. 75

RAILROADS OWNED OR LEASED BY THE BOSTON AND MAINE RAILROAD Co.

„ in April, 1887, to the Boston and Maine RR. Co. for 99 year;* ; rental being 7 per cent, on the stock lor
ixt ten vears, and 8 per cent, thereafter, interest on bonds being also guaranteed.

•.writ, year ending June 30. 1891.— Rental. §800,187.46 ; net miscellaneous income, S2.284.60— total
ic *8<rM7206 Payments : Maintenance of organization, etc.. §7.000 ; interest on bonds, §357,229 : other
«t and discount, $4^.900 ; dividends (7 per cent.), $387,058- total, $800,187.46. Balance, surplus for year,
1.60. Surplus from last year, §662,891.92— total surplus as per general balance sheet, $665,176 52.

General Balance Sheet, June 30, 1891.

C ofRoad $6,968,26776

E pmeut 833,583 94

ft rves and Wharf Property 1,440.203 25

M cheater and Keene RR 345,749 70

H ord and Billerica RR 53,232 58

V, •urn Branch Extension 290,297 24

Central RR 70.497 90

1: -ovement Account 19,978 07

262.094 43

S kc. Bonds, and Investments 2,511.33050

B Receivable 1,113,01052

•;i Other Companies 660,05616

Si ing Fund 59,399 49

Capital Stock (par, $100) $5,529.400 00

Funded Debt 7,331,400 00

Loans and Bills Payable 790,000 00

Improvement Account 10,308 93

Unpaid Dividends 193,949 00

Interest Accrued 55.703 09

Interest Due 51.76400

Profit and Loss... 665.K652

Total Assets .......................... $14,627,701 54 I Total Liabilities ................. $14,627,701 54

The funded debt (§7,331,400) consisted. June 30. 1891. of—
B on and Lowell 7 per cent. 20-year bonds, due April 1. 1892. interest April and October .............. §999,500

: d Lowell 7 per cent. 20-year bonds, due March 1, 1895, interest March and September ......... 500,000

•;d Lowell 6 per cent. 20-year bonds, due July 1, 1896, interest January and July ................ 750.000

d Lowell 5 per cent. 20-year bonds, due July 1, 1899. interest January and July ................ 620.000

.:id Lowell 4* per cent. 20"-year bonds, due May 1. 1903, interest May and November ............. 250,000

•id Lowell 4"per cenl. 20-year bonds, dueSeptember 1. 1905, interest March and September ...... 500,000

i Lowell 6 per cent, bonds, due October 1, 1893, interest April and October ..................... 226,900

:d Lawrence 6 per cent, bonds, due October 1, 1897, interest April and October .................. 200,000

N ma and Lowell bonds (see statement for that Company) ............................................ 300.000

.• d Lowell 4 per cent, bonds, due November 1, 1906 .......... ................................... 500,000

;:id Lowell 4 per cent, bonds, due June 1, 1907 ................................................ 2,000,000

E on and Lowell 4 per cent, bonds, due July 1, 1907 ................................................. 325,000

Bj on and Lowell 4 per cent, bonds, due 1909 ........................................................... 160.000

Of these several issues of bonds, only two are secured by a mortgage — th« Salem and Lowell and the Lowell

ai Lawrence— these being a first lien on "the two branch lines of railroad designated by those names. At the

.eeting, January 7, 1891, the stockholders authorized an issue of $1,000,000 40-year coupon or registered

a rate of interest not exceeding 7 per cent., to retire $999,500 7 per cent, bonds maturing April 1, 1892.

A ual meeting, first Wednesday in January. Stock and bonds listed on Boston Stock Exchange. Interest and

ti lends payable at office of Treasurer, Boston, Mass. Directors : T. Jefferson Coolidge, W. Powell Mason, Fred-

.trke, C. E. Cotting, Edwin Morey, George A. Gardner, W. C. Baylies, Boston, Mass. Officers : FREDERIC

E LARKE, President, Lawrence, Mass.; C. E. A. Bartlett. Treasurer, Boston. Mass.; C. E. Cram, Secretai-y,

\': Chester, Mass. GENERAL OFFICE AND ADDRESS. Boston, Mafis.

CENTRAL MASSACHUSETTS RAILROAD. -Cambridge, Mass., to Northampton, Mass.. 98.77
s. Sidings, 18.64 miles. Gauge, 4 ft. S£ in. Rail (steel, 98.77 miles), 60 Ibs. Organized November 10,
, aa successor to the Massachusetts Central RR. Co., whose property was sold under foreclosure September 1,
Leased to the Boston and Lowell RR. Co. for 99 years from October 1, 1886, at 20 per cent, of gross earn-
up to $1,000,000. and 25 per cent, over that amount, less interest on §2,000,000 5 per cent, bonds of this
pany owned by the Boston and Lowell. (For terms of plan of reorganization, etc., see MANUAL for 1890.)
al, $101,500. Expenses and taxes, $1,500 ; interest on bonds, $100,000. Capital stock paid in— common,
i; preferred, §3,926.700; preferred stock, scrip, §21,312.33— total, $7,418,112.33 ; funded debt, 1st mort-
5 per cent. 80-year bonds, dated October 1, 1886, interest payable in Boston, April 1 and October 1. $2.000,-
al, representing cost of road and equipment, §9,418.112.33. Preferred stock has entire control of the
if the company till two semi-annual dividends of 4 per cent, each shall have been earned in any one year.
tf. ALDRICH, President ; Geo. F. Seymour, Sec. and Treas. CORPORATE OFFICE, Boston,

CHELSEA BEACH RAILROAD. —Revere Junction, Mass.. to Saugus River Junction, 3.34 miles ;

track, 6.33 miles. Rail (steel. 6.29 miles). 58 and 67 Ibs. Chartered April 22, 1881 : road opened July 2, 1881.

a by the Boston and Maine RR. Co. Capital stock, §91,000 ; profit and loss, §35.76— total, representing cost
. etc., §91,035.76. FRANK JONES, President, Portsmouth. N. H.; Amos Blanchard. Treasurer, Andover,
Sigourney Butler, Clerk, Quincy, Mass.; William J. Hobbes, Auditor, Maiden. Mass. GENERAL AND
>FER OFFICES, Boston, Mass.

CONNECTICUT AND PASSUMPSIC RIVERS RAILROAD.-Wl.ite River Junction to
'ort, \t., 110.30; Ma^sawippi Valley Ry. (leased], Newport. Vr., to Sherbrooke. Qne.. 36.75 miles— total
f hne, 147.05 miles. Sidings, etc., 33.80 miles. Rail (steel, 159.26 miles). 56 Ibs. Chartered November
; entire line opened October 14, 1863. Leased for 99 years from January 1, 1887, to the Boston and Lowell
ITIU renta' \° equal interest on bonds and dividends of 5 per cent, for first ten years and 6 per cent, there-
ie Massawippi Valley Ry., leased for 99 years from July 1, 1870. continues this line into Canada to a
•n with the Grand Trunk Ry. The lessee pays interest on bonds and dividends at same rate as upon its

.

; Income, year ending June 30, 1891, §233.000. Expenses and taxes, §3.114.87. Net income. $229,.-
d interest on bonds. §105,000 ; dividends (Feb. and Aug., 2^ per cent, each), $125,000— total, §230,000.
lefacit, §114.87. Financial Statement, June 30, 1891.— Capital stock, §2.500,000 ; funded debt, 1st mort-
;r cent. 20 year bonds, due April 1, 1893, interest April and October, §1,500,000 ; unfunded debt. $3,459.-
come balance. $314,754— total, $4,318,213.44. Contra: Cost of road and equipment, $3,516,525.29 ; stocks
T investments, §604.127.68 ; all oth.-r assets, $197,560.47— total. $4,318,21:144.

il meeting, early in September. Books close for dividends January 1 and July 1. The stock and bonds
i Boston Stock Exchange. Interest and dividends payable at the office of the Boston Safe Deposit

76 POOR'S MANUAL — BOSTON AND MAINE SYSTEM.

and Trust Co., which also acts as registrar of transfers of stock. (For statement of dividends paid prior to lea.!
see MANUAL for 1887, page 11.) A. B. HARRIS, President, 45 Broadway, New York, N. Y.; James H. Williac!
Treasurer, Bellows Falls, Vt.; H. C. Cleveland, Secretary, Coventry, Vt. CORPORATE OFFICERS Milk Sire
Boston, Mass.

DANVERS RAILROAD. — Wakefleld Junction to Danvers, Mass., 9.26 ; total track, 10.16. K
(steel, 10.16 miles), 60 Ibs. Chartered March 15, 1852; road opened May 10. 1854 ; leased May 1, 1853, for 100 yer
to Boston and Maine RR. Co., the lessee guaranteeing 6 per cent, on §125,000 bonds, now owned by itself. "
account is made of the interest in the books of either company. Capital stock, $67,500 ; funded debt (coupoii
per cent, bonds, issued March 1, 1855, due March 1, 1875), $125.000 ; unfunded debt. $25,000 ; profit and lol
822,178.15— total, representing cost of road, etc., $239,678.15. FRANK JONES, President, Boston, Ma-
Blanchard, Treasurer, Andover, Mass.; Wm. J. Ilobbs, Auditor, Maiden, Mass. ; Sigourney Butler, Clerk of G\
poration, Quincy, Mass. PRINCIPAL OFFICE, Boston, Mass.

DOVER AND WINNIPISEOGEE RAILROAD. -Dover, N. II., to Alton Bay, N. II.. 21
track, 33.38 miles. Chartered as Cocheco RR. in 1847 ; road opened to Farmington, N. H., 1848 ; to Alton Bay
1851. Reorganized under present name July 1, 1862 ; leased for 50 years at 6 per cent, on share capital, and $i|
for organization. Gross income in 1887-88, $30,458.98. Paid dividends, $28,800 ; expenses and taxes, $4704
surplus, $1,188.50. Capital stock, $480,000 ; profit and loss, $26,024.22— total, $506.024.22. Cost of road, $480 OC
stocks and other investments, $20,782.37 ; all other assets, 35,241.85— total, $506,024.22. First dividend (3 |
cent.) paid May 1, 1864, and regular semi-annual dividends of 3 per cent, each paid in May and November of ea
year since then. WM. HALE, President ; G. W. Benn, Secretary and Treasurer, Dover, N. H.

EASTERN RAILROAD IN NEW HAMPSHIRE.— Portsmouth, N.H., to Seabrook, X. 1 '
Line), 16.08; 2d track, 5.94 ; sidings, 11.01 miles. Rail (sleel, 22.33 miles), 56-63 Ibs. Chartered June 18, 183-
road opened November 9, 1840. Leased for 99 years from date of completion to the B. & M. RR. Co.. at a ren
of $22,500 per annum. (See MANUAL for 1891.) Rental, 1889-1890, $22.500 ; other receipts, $113.50— total incon;
$22,613.50. Expenses .and taxes, $429.32. Net income, $22,184.18. Paid dividends (4^ per cent.), $22,162.50. B
ance, surplus, $21.68. Capital stock, $492,500; dividends, $2,707.21;! profit and loss, $290,120.78— total, $7b'
327.99. Cost of road, $780,535.36 ; sundry assets, $4,792.63. During the past year the share capital was increa.-
to $750.000, the increase being distributed in the shape of a dividend to stockholders of record June 2, 18)
Dividends paid at Portsmouth and Boston. Annual meeting first Tuesday in May. Books close for anm
meeting only on the day it is held. Books close for dividends 1st to 15th of June and 1st to 15th of Decemb|
Stock lifted on Boston Stock Exchange. MOODY CURRIER, President, Manchester, N. H. ; Edward A. Abbj
Treasurer, Boston, Mass. ; William H. Hackett, Clerk, Portsmouth, N. H.

KENNEBUNK AND KENNEBUNKPORT RAILROAD.-In Kennebunk, Me., fron
and Maine RR., to Kennebunk River, 4.50 miles. Sidings, 0.61 miles. Gauge, 4 ft. 8} in. Organized under gij
eral railroad law of Maine, August 16, 1882 ; road opened June 18, 1883. Leased from completion for 99 years!
the Boston and Maine RR. Co. Rental, 4i per cent, annual dividends on $65,000 capital stock, which represeij
the total cost of road and real estate. Dividends payable May 15 and November 15 at Kennebunk, Me. EDWA'
P. BORNHA.M, President, Saco, Me. ; Moseg C. Maling, Treasurer, Kennebunk, Me.

LOWELL AND ANDOVER RAILROAD. -Lowell to Lowell Junction, 8.73 ; branches in
1.37— total, 10.10 miles. Second track, 8.73; sidings, 3.94 miles. Rail (steel, 17.46 miles), 72 Ibs. Charter.)
February 5, 1873 ; road opened in December, 1874 ; leased for 99 year* from December 1, 1874. at an annual ren
of $52,500. Rental for year ending June 30, 1891, $52,500; other receipts. $1,494.21— total income, §53.994.
Expenses and taxes, $145.66. Net income, $53,848.55. Payments: Interest on bonds, $10,680; dividen<i
December, 1890, and June, 1891 (3i per cent, each), $35,000— total, $45,680. Balance, surplus, $8,168.55 : Rirp,
from last year, $141,189.59— total surplus, $149,358.14. Capital stock, $500,000 ; funded debt, unsecured 6 if
cent. 20-year bonds, due July 1, 1894, interest. January and July, $178,000 ; profit and loss. $149,358.14 -toial, §8*1
358.14. Cost of road, $767,075.21; other assets, $60,282.90— total, $827,358.14. Interest and dividends paid;
Merchants' National Bank, Lowell, Mass. FREDERICK AYER, President ; Benj. Walker. Secretary and Tn
Lowell, Mass. CORPORATE OFFICE, Lowell, Mass.

MANCHESTER AND KEENE RAILROAD.— Keene, N. H., to Greenfield, N. H., 29."
sidings, 1.98 miles. Gauge, 4ft. 8^ in. Rail, 50 and 56 Ibs. Chartered June 22, 1864 ; road opened Noveml;
29, 1878. The entire bond issue was* purchased in 1882 by the Boston and Lowell, and the Concord RR <
one-half. The road is operated by the Boston and Maine for joint account of itself and the Concord and Montr:
RR. Co. (See MANUAL for 1891.) The total cost of the property to the present owners, including original purchaj
bonds, and improvements to September 30,1884, equalled $533,190.64. W. W. BAILEY, President, Nashua, N. i;
C. E. A. Bartlett, Treasurer, Boston, Mass.

MANCHESTER AND LAWRENCE RAILROAD. -Manchester. N. H., to Massachusf-
22.39 miles. Sidings, etc., 3.44 miles. Gauge, 4 ft. 8^ inches. Rail (steel, 2 miles), 56 Ibs. Chartered June)
1847 ; road opened November 13, 1849. Leased June 1, 1887, for 50 years from September 1, 1887, to the Boat
and Maine RR., rental being a dividend cf 10 per cent, per anr.uni and organization expenses. Operati<
included in those of the Boston and Maine RR. Rental for year ending June 30. 1891, $102,000.
Statement, March 31, 1891.— Capital stock, $1,000,000 ; interest, $35,132.52 ; dividends unpaid, $6,609.50 ; dividei
May 1, 1891, $50,000 ; organization, $792.30; income and expense, $91,108.69— total, $1,183,643.01.
struction. $1,000,000 : telegraph, $4,770.35 ; Hooksett branch, $18,000 ; Concord M. & L. RR., $32.000
Vy. RR. 420| sh.), $42.040 ; Mt. Washington RR. (37 sh.), $3,700 ; taxes, $8,797.50 ; cash and other ..
335 16— total, $1,183,643.01. CHARLES A. SINCLAIR, President, Portsmouth, N. H. ; Henry Chandler.
Manchester, N. H. ; Charles B. Gafney, Clerk, Rochester, N. H. CORPORATE OFFICE AND Ann:;
Chester, N. H.

MASSAWIPPI VALLEY RAILWAY. -Province Line to Lennoxville, Que., 34.75 mil
Stanstead Branch : Stanstead Junction to Stanstead, 2 miles — total length of road, 3". 75 miles. Sidings, e
mile. Gauge, 4 ft. 8^ in. Rail (steel, 33 miles), 50 and 56 Ibs. Chartered 1862 ; road opened, 1870.
yeara to the Connecticut and Passnmpsic Rivers RR. Co., the lessees to pay interest on bonds, and divi
indentical with those paid to their own stockholders, besides all expenses, etc. The bonds were retire*;
exchange for an equal amount ($400,000) of stock. Capital stock, $800,000. Dividends payable at <
and Passumpsic RR. office, Boston, Mass. (For statement of dividends paid by this company h
1SS8, page 983.} ROBERT N. HALL, M. P., President, Sherbrooke, P. O. ; ,J. G. Foster, Secretary ami
Derby Line, Vt. ; H. E. Folaom, General Superintendent, Lyndonville, Vt. GENERAL OFFICE, Rock
Quebec, Can.

NASHUA AND LOWELL RAILROAD.— Lowell, Mass.. to Nashua, N. H., 14.50 :
14.50 ; sidings, 10.33-total track (steel, 35.C84 miles), 39.33 miles. Consolidation (1838) of the Lowell ni".
and the Nashua and Lowell RR. Cos. Road completed and opened December 23, 183H ; second track laid in I*
4'i. Leased for 99 years from October 1, 1880, to the Boston and Lowell RR. Co., and lease assumed i
ton and Maine, the rental to the latter being increased from $66,000 to $73,000 per annum -equalling
on stock and $1,000 for corporate expenses. All other charges, including interest on bonds, are assnmea '
pees. (See MANUAL for 1891.) The company owns 19 locomotives, 16 passenger, 7 baggage, etc., 470 fr«
milk cars. Income for year ending June 30, 1891 : Rental, $73,000; interest, etc., $17,887.94— total, -

POOR'S MANUAL — BOSTON AND MAINE SYSTEM. 77

nge* and taxes «l.r»90. Net income. $89,237.94. PaymentB : Interest, $17,000 ; dividends (May, 4} p. c. ;
^^•L 4t P c.), $72.(XK) : sundry expenses. $149.50— total, $89,031.24. Balance, surplus, $148.44 ; add snr-
^^KjJO 1890, $110,569.96; premium on stock sold, §600— total, $111,318.40. Deduct amount charged off

50. Surplus June 30, 1891, $108,406.90.

General Balance Sheet , June 30, 1891.

9t

$684,867 07

.;iii!r Stock 218,242 95

5i Receivable 300,000 00

uh and Accounts 15,030 88

Total Assets $1,218,140 90

Capital Stock (par, $100) $800,000 CO

Funded Debt SCO. 000 CO

Unfunded Debt 9.73400

Profit and Loss. . 1C8.406 90

Total Liabilities $1.218,14090

The first dividend was paid in May. 1839, and since then 102 dividend payments have been made, the aggre-
e of all being 424 per cent., or an average of nearly 8 per cent, per annum, all in cash. There was also a stuck

•JO per cent, in August, 1867. (For particulars, see MANUAL for 1886, page 171.)

Funded debt consists of $200,000 6 per cent. 20-year gold bonds, due August 1, 1893, interest February and
trust and $100,000 5 per cent. 20-year bonds, due July 1, 1900, interest January and July. Dividends and inter-
payable at office of company, Nashua, N. H. ; interest also payable at Boston, Mass. Annual meeting, last
nesdav in May. Stock listed on Boston Stock Exchange. FRANCIS A. BROOKS, President, 31 Milk St., Bos-
. .T. W. White, Treasurer, Nashua, N. II. ; Walter A. Lovering, Clerk of Corporation, Nashua, N. H.
OFFICE, Nashua, N. H.

NEWBURYPORT CITY RAILROAD.— B. & M. RR. to wharves at Newburyport, 1.97 miles ;

; U track. 3.06 miles. Chartered March, 1870, and road openedin September, 1873. Leased for 20 years from com-

tion to the B. & M. RR. Co. ; rental, interest on bonds and 3i per cent, on stock. Income for year ending June

Rental. $6.000 ; other receipts, $1,033.57— total. $7.03-3.57. Expenses and taxes, $1,066.81. Net income,

Payments : Interest, §1.750 ; dividends (March 1, 1J- per cent. ; September 1, 1} per cent.), $3,152.50—

'02.50. Balance, surplus, $1,064.26. Capital stock. $97,000 ; funded debt, first mortgage 7 per cent. 20-

j r bonds, due May 1. 1892, $25.000 ; income balance, $20,267.57— total, $142,267.57. Contra : Cost of road, $122,-

,.33 ; other assets. $20.139.24 — total. $142,267.57. This company paid its first dividend (2 per cent.). September

; 1874. and second dividend (2 per cent.), March 1, 1875. Since then regular semi-annual dividends have been

j i, aggregating 44j per cent. Interest and dividends payable at Merchant's National Bank, Newburyport,

BERT CCR'RIEP., President; A. W. Greenleaf, Secretary and Treasurer, Newburyport, Mass. PRINCI-

]. OFFICE. Newburyport, Mass.

NEWBURYPORT RAILROAD.— Bradford to Newburyport, and Georgetown to Danvers, 26.98

•;.l track, 31.43 miles. Rail (steel, 28 miles), 60 Ibs. Consolidation, February 22, 1855, of the New-

Jyport and the Danvers and Georgetown RRs. ; the former opened in 1>51. the latter in 1854. Leased to the B.

. I. RR. Co. for 100 years from February 21. 1860, the rental being 6 per cent, on $300.000 bonds, all of which

:; owned by the lessee. Capital stock, $220.340.02; funded debt, $300,000; profit and loss, $77.046.30— total,

i g cost of road. $597,386.33. The outstanding 6 per cent, mortgage bonds, all of which are owned by

and for which the liability of this company at the termination of the lease is, as per contract, $300,00o,

:[ as follows : $3.900 dated November 15, 1849, due November 15, 1&52, interest May and November ; $30,200

< ?d October 16. 1851. due October 16, 1854, interest April and October ; $113,100 dated December 15, 1852. due

ember 15, 1857, interest June and December ; $298,600 dated March 1, 1855. due November 1, 1870, interest

•chand September— total, $445,800. FRANK JONES, President, Boston. Mass.; A. Blanchard, Treasurer,

lover, Mass. : William J. Hobbs, Auditor. Maiden, Mass. ; Sigoiirney Butler, Corporation Clerk, Quincy,

*. PRINCIPAL AND TRANSFER OFFICE, Boston. Mass.

NEWPORT AND RICHFORD RAILROAD.-Newport. Vt.. to Canada Line, 22 ; total track. 23

:til (steel. 22 milesu 57± Ibs. Formerly the Missisquoi and Clyde RR.. which was sold in 1880, and reor-

- i/ed under present name. The road is mainly owned by the C. & P. Rs. RR. Co.. which issued in payment

>j50,000 5 per cent. 30-year bonds, due 1911, secured by a mortgage on the property. Interest on bonds

January and July, at "office of Treasurer of C. & P. Rs. RR. in Boston. Capital stock. $350,000— tot;il.

• :ng cost of road, $700,000. Operated by the Canadian Pacific Ry. Co. of Canada through its lease of the

—rn Ry. E. RAYMOND. President, Cambridge, Mass. ; H. E. Folsom, Treasurer and Secretary. Lyndon-

PETERBOROUGH RAILROAD.— Wilton. N. H., to Greenfield, N. H., 10.50 : total track, 11.67 mik-$.
rtered July 7, 1866 ; road opened January 1. 1874 ; leased to Nashua and Lowell RR. Co. for 20 years, from
iary 1, lsT3, at 6 per cent, on cost, and taxes. Lease assumed by Boston and Maine RR. Co. Rental, year
ng June 30, 1891, S35.099.64; other receipts, $503.83— total. $36,203.47. Expenses and taxes, $172.09. Net
536,031.38. Paid dividends (10 per cent.), $38.500. Balance, deficit. $2.468.62. Financial Statement
i 30. 1891,-Capital scock, $385.000 : unfunded debt, $260 : income balance, $217,817.27— total liabilitit-

Pfr Contra : Construction. $592.494 : sundry assets. $10,583.27— total assets. $603.077.27. Dividends paid
M and October, at Nashua, N. H. EDWARD SPAULDING. 'Prexidnit : Gilman C. Shattuck. Treasurer; Harry
lamsdell, clerk, Nashua. N. H. PRINCIPAL OFFICE. Nashua. N. H.

PORTLAND, SAGO AND PORTSMOUTH RAILROAD. -Maine State Line. N. H., to Poit-

50.76 miles. Total track (steel. 59.45 miles i, 68.88 miles. Chartered in 1837 ; road opened Nov. 21,

Leased in perpetuity to the B. & M. RR. Co.. in which all its operations are included. Rolling stock in-

nthat of B. & M. RR. Rental, 1890-91, $90,000 : interest received. $173.29— total. $90.173.29. "Paid divi-

is (January 15 and July 15, each 3 per cent,), $90.000. Surplus, $173.29. Financial Statement. June 30. 1891

I stock, $1,500.000 ; old dividends unpaid, $666 ; dividend due July 1, 1891, $45.000 : profit and loss. >4.-

tptal, $1.549,755.66. Contra : Construction and equipment. $1.479.000 ; other investments, $20,000 ; other

150,755.66— total, $1,549,755.66. Dividends paid at Boston and Maine RR. Co.'s office. Boston. Mass.

meeting, first Monday in June. Books close ten days prior thereto. Books close for dividends June cO

mber 31. Stock listed on Boston Stock Exchange. SAMUEL C. LAWRENCE, President. Medford. M

Vice- President. Portsmouth, N. H. ; Edward Lesley. Treasurer, Boston, Mass. ; F. R. Barrett, &c-
ind. Me. GENERAL AND TRANSFER OFFICE. Boston, Mass.

>RTSMOUTH AND DOVER RAILROAD.-Portsmouth. N. H.. to Dover. N. H., 10.88 miles
I^'DD-'. >85 miles- Chartered July 7, 1866 : road opened February 1. 1874 : leased on its completion to the
» » . ln New Hampshire, and guaranteed by the B. & M. RR. Co., for a period of 50 years, at an annual
T6 per cent, on $709,000 of stock. Capital stock. $709.000; income balance, $3,129.05. Cost of road
other asset!. $3,129.05. Rental. $46,140. Dividends Jan. and July, 3 per cent, each, $46,140. Divil
Wat Portsmouth, N. H. FRANK JONES, President; G. L. Treadwell, Treasurer; Calvin Pa^e. Clerk

: OFFICE, Portsmouth, N. H.

STONY BROOK RAILROAD.— North Chelmsford, Mass., to Ayer. Mass.. 13.16 : total track, 1734
lartered March 20. 1845 ; road opened July 1. 1848. Leased in 1884 to the Boston and Lowell RR. Co.,
. on stock till 1890, and 7 per cent, for 99 years thereafter. Rental year ending June 30, 1891, $21,-

78 POOR'S MANUAL — BOSTON AND MAINE SYSTEM.

500. Sundry expenses, etc., $277. Net revenue, $21,223. Paid dividends (January and July, 1891, 3j per cent
each), $21,000. Surplus, $223. Semi-annual cash dividends of three per cent, each were "usually paid mi tl
stock of this company from its completion to the date of the existing lease. Capital stock, $300,000.
Cost of road, $27ti,601.19 ; other property, $21,492.38; cash and cash assets. $633.06 ; profit niid loss, -
total, $300,000. JAMES B. FRANCIS, President : Jacob Rogers, Treasurer ami Clerk, Lowell. Mass.

WEST AMESBTTRY BRANCH RAILROAD.-Merrimac, Mass.. to Newton Jc., N. 1!.. l
— total track, 4.94 miles. Chartered May 2, 1868 ; road opened .January 9, 1873. Leased to the B. & M. HI; ,u ,
annual rental of $5,700. Total income, year ending July 1, 1890. $5,700. Expenses, $486.19 ; interest paid, $8jBj
dividends (1| per cent.), $855. Surplus, $3li8.81. First dividend paid January 1, 1877, being at the rate of 2
Since then the company has paid regular semi-annual dividends, ranging from 1} to 1 percent, each, ('a pi
$57,000 ; funded debt. 1st mortgage 7 per cent. 20-year bonds, due July 1, 1893', $57,000 ; unfunded debt, MJBFl
surplus, $631.93— total. 2114,667.43. Cost of road, etc.. $114,000 ; cash, etc., $667.43— total, $114.667.4:!. Intert-
and dividends paid at First National Back. Merrimae, Mass. WM. II. HASKELL, President ; Daniel J. Poore, Seel
retary and Treasurer, Merrimae, Mass. GENERAL OFFICE, Merrimae, Mass.

WILTON RAILROAD.— Nashua, N. H., to Wilton, N. H., 15.50 ; total track, $20.15 miles. Cli
December 28, 1844 ; road opened June 10. 1851. Leased to Boston and Lowell RR. Co. for 99 years, and
to Boston and Maine. Rental, 1889-1890, $16,950. Payments : Dividends (April and October, each 3! ]
$16,800. Capital stock (authorized, $250,000), $240,000; reserved earnings, $2,600 ; dividends unpaid, $1,99H|
contingent fund, $983.72— total, $245.580.97. Contra : Construction, cost of road, $228.352.82 : depots and build
ings, $14,247.18; cash, $2,980.97— total. $245,580.97. SOLOMON SI>ALDING, Pr<-*l/,-i,f ; William E. Spaldin-
Treasure?- ; Albert J. McKean, Clerk, Nashua, N. H.

WOLFBOROTJGH RAILROAD.— Wolfborough Junction to Wolfborough, N. II., 12.0°,
sidings, 2.09 miles. Chartered June 1, 1868 ; road opened in 1872. Leased for 08 years from date of compk-tiu:
to the B. & M. RR. Co., at a rental equal to 6 per cent, on capital stock, all but $21,500 of which is owned by th<>
lessee. (See MANUAL for 1891.) Semi-annual dividends of 3 per cent, each are paid March 1 and September li
at Boston, Mass. Capital stock, representing construction and equipment, $386,200. SAMUEL C. LAWRKKCB 1 1
President, Medford, Mass. ; Frank i<me6,Vice-Prcxi(t?.nt, Portsmouth, N. H. ; Edward Lesley, Treasurer, Boston:
Mass. ; John L. Peavy, Secretary^ Wolfborough, N. H. GENERAL AND TRANSFER OFFICES, Boston, Mass.
WORCESTER, NASHUA AND ROCHESTER R AILRO AD. -Worcester, Mass., to 1.
ter, N. H., 94.48 miles ; 2d track, 18.13 miles ; sidings, 39.46 miles. Gauge, 4 ft. 8.! in. Rail (steel, 89 m. :.
Ibs. Consolidation December 1, 1883, of the Worcester and Nashua and the Nashua and Rochester in; > os
(See MANUAL for 18&5.) Leased to the Boston and Maine RR. October 30, 1885, for 50 years from January 1. ]*-
at an annual rental of $250,000 (and all taxes), payable January and July. A stock dividend of 17 per cent. \\a
made to stockholders of record November 13, 1885, from the company's stock held in the treasury.

Rental for year ending June 30, 1891, $250,000. Expenses, $3,646.88. Net earnings, $246,353.12. Pay i
Interest on bonds, $69.226.67 ; other charges, $18,553.26 ; dividends (January and July. 3 per cent, each), S
total, $271,643.93. Balance, deficit, $25,290.81.

Financial Statement, June 30, 1891.— Capital stock, $3,099,800 ; funded debt, $1,429,000; unfunded
$353.750 ; interest accrued, $18,197.50— total, $4,900,747.50. Contra : Cost, of road and equipment, $4,553,921.02
stocks owned. $35,300 ; all other assets, $5,657.35 ; profit and loss,?$305,869. 13— total, $4,900,747.50.
The funded debt consisted June 30, 1891, of—

5 per cent. 20-year bonds, clue April 1, 1893, interest April and October ................. $250,000

5 per cent. 20-year bonds (W. & N.), due February 1, 1895, interest February and August. 385,000
5 per cent. 20-year bonds (N. & R.), due April 1, 1894, interest April and October ........ 564,000

4 per cent. 20-year bonds, due January 1, 1906, interest January and July ................ 150,000

4 per cent. 40-year bonds, due January 1, 1930, interest January and July ................ 80,000

Interest is payable at the Globe National Bank, Boston, Mass. Annual meeting in January— da;
by directors. Books close about ten days before payment of dividends. Whole number of divide:
to date 72. Dividends payable January and July to stockholders of record, at a time about ten days prior t<
date of payment. Dividends paid at Treasurer's office. Securities not listed on any exchange. Tru
bonds : Stephen Salisbury, J. Edwin Smith, Edward L. Davis, Worcester, Mass. ; Charles Holman,
N. H. The Treasurer of the company is also registrar of stock and transfer agent. JAMES P. COOK, Pre*i<kni\
Salem, Mass. ; T. W. Hammond, Secretwy and Treasurer, Worcester, Mass. CORPORATE OFFICE, W
Mass.

NORTHERN (N. H.) RAILROAD SYSTEM.

NORTHERN (N. H.) RAILROAD.— Concord, N. H., to White River Junction, Vt., 69.50
Bristol Branch : Franklin (19 m. N.W. Concord), to Bristol, N. H., 13.41 miles— total, 82.91 miles. Sidii
19.30 miles. Gauge, 4 ft. 8| in. Rail (steel), 56, 60, and 72 Ibs. Chartered December 27, 1844 ; road
November 29, 1847 The Franklin and Bristol RR. acquired by consolidation January 31, 1S49. (For i
Concord and Claremont and Peterborough and Hillsborough Railroads see statements following.
MANUAL for 1890.) In 1889 a lease was made for 99 years to the Boston and Lowell RR. Co. from January l, JW
and by that company assigned to the Boston and Maine RR. Co.; rental, 5 per cent, on stock on 7} years and t> I"*;
cent, thereafter. Income Account for nine months ending June 30, 1890.— Received from Boston and Maine Kl
Co. as per contract, $118,815 ; interest, $48,711.82— total receipts, $167,526.82. Payments : Expenses. -
dividends (4J- per cent.), $134,878.50— total, $143,094.20. Balance, surplus, $24,432.62. There was also paid
dividend of $25 per share on May 1, 1890, out of contingent fund.

Financial Statement, June 30, 1890.— Capital stock, $3,068.400 ; contingent fund, $363.502.86 ; unfiui-i
$177,691.22— total, $3,609.594.18. Contra : Cost of road and equipment, $3,068,400 ; stocks and other investment-
$451,664.59 ; other assets, $89,529.59— total, $3,609,594.18. Dividends payable January, April, July, and Octobei
a:. Treasurer's office, 35 Congress Street, Boston, Mass. ALVAH W. SULLOWAY, President, Franklin. N.
George N. Crocker, Treasurer, Boston, Mass. ; William L.Foster. Clerk, Concord, N. H. PKINCII-.-M. OKU
Concord, N. H. Treasurer's and Transfer Office, 35 Congress Street, Boston, Mass.

CONCORD AND CLAREMONT (N. H.) RAILROAD.-Concord, N. II., to Claremont -Itincti.
N. H., 56.3; HUltboraugtl Branch: Contoocookville to Hillsborough Bridge, 14.6— total, 70.90 miles. Sidin;
etc., 8.31 miles. Gauge, 4 ft. 8J in. Rail (steel, 22 m.), 56 Ibs. Consolidation (October 31. 1873), of the M.Trim:
and Connecticut Rivers, the Sugar River and the Contoocook River Railroads. Controlled by the Nor
Co., which owns its capital stock substantially, and also owns $254,245.72 of its floating debt, and guai
addition $299,500 of its first mortgage bonds, the remaining $200,500 of those bonds being owned tip
Co. Operated since January 1, 18S8, by the Boston and Maine RR. Equipment owned by the company :
motive engine, 1 ; cars — passenger, 2 ; baggage, etc. , 3 ; freight, 63— total, 68. Income Account, nil
ending June 30, 1890.— Received from Boston and Maine RR. Co., as per contract, $26,250. Paid

-

bonds, $26,250. Financial Statement, June 30, 1890.— Capital stock, $412.400; funded debt (1st

cent. 20-year guaranteed bonds, due January 1, 1894, interest January and July, at 35 Congress Street, Bo

POOR'S MANUAL OF RAILROADS. 79

$500,000 ; unfunded debt, $2:>4.245.92 ; coupons unpaid. $10,7U7.50 -total liabilities, $l,17r.44:J.22. Contra :
ind equipmriir. sl.l:}]. •,>.>»;.:;>; : rush, §10,797.50 ; income debit. «:^. 17.1.: :{» total assets. Sl,177.443.*>.
\V. Sri.i.nwAV, !'rni--{;itf. Franklin, X. H. ; George X. Crocki-r. Treasurer, Boston. Ma<s. : Daniel
'•//•>/, Franklin. X. H. PIUNVIPAL OFFICE, Concord. X. II. Transfer O.tlce, 35 Congress Street,
i. M

PETERBOROUGH AND HILLSBOROTTGH RAILROAD. -Peterborough, N. H., to Hills-

Bridge, N. H.. 13.51 miles. Sidings, etc.. 1.44 miles. (,auge, 4 ft. 8}m. Rail, 56 Ib*. Chartered July

oad rompiru-d July .",. i*?S. Operated under contract since January 1, 1888, by the Boston and Maine

per annum, being interest on its 1st mortgage bonds. Interest guaranteed under the lease of the

Northern KK. Co. to the Boston and Maine RR. Co.

:<enf. September 30. 1880.— Capital stock. §45,000; funded debt. $165,000, consisting of
first mortage and $65,000 second mortgage bonds, both issues dated April 30, 1377, due in 20 years, and
r cent, interest, payable May and Xovember ; gratuity, $8,626. 02 ; coupons accrued and unpaid,
tt— total liabilities, $330,807.27. Contra : Construction, §209,298.44 ; Northern RR., $925 ; interest,
-3— total. $330.807.27. All of the 2d mortgage bonds are owned by the Northern RR. Co. ALYAH W.
xv. J'reitiuent. Franklin. N. H. ; George N. Crocker, Treasurer, Boston. Mass.

Board of Directors, Boston and Maine RR. Co., elected December 9, 1891.

S. Ricker DeeririL', Me. | A. W. Sulloway Franklin. N. H.

Richard Olney Boston. Mass. David P. Kiinball Boston, Mass.

i . Lawrence. Medford. Mass. ! John W. Sanboru. . Wakefield. N. H.
'ones Portsmouth. N. II. j Wm. C. Whitney. . .New York, N. Y.

G. G. Haven New York. N. Y.

Joseph II. White.. Brookline, M-;--.

Walter Hunneweli Boston, Mass.

William T. Hart...

FRANK JONES, President Boston, Mass.

1 '/. — John W. Sanborn Boston. Mass, j Treasurer — Amo* Blanchard Boston, Mass.

, atoi— William J. Hobbs. .. . " ' •' \ Clerk— Sigourney Butler "

PKINCIPAL OFFICE AND ADDRESS Causeway Street, Boston, Mass.

BOSTON, REVERE BEACH AND LYNN RAILROAD COMPANY.

Line of Road. — East Boston, Mass., to Lynn, Mass 8.80 miles.

!d track, 8.30 ; sidings, 2.50 miles. Gauge, 3 ft. Kail (steel, 17.10 miles), 50 Ibs.

History. — Chartered May 23, 1874 ; road opened July 29, 1875. Connection is made with
3oston by ferry-boats, of which the company owned two at the close of the fiscal year. On
luly 1, 1891, the Boston, Winthrop, and Shore RR. (which see) was absorbed by consolida-
iou.

Rollins* Stock, June 30, 1891. — Locomotive engines, 10. Cars — passenger, 45 ; box, 3 ;
>ther, 15— total cars, 63.

Operations for yeaf ending June 30, 1891. — Train mileage — passenger, 220,522; other.
',249— total, 222,771. Passengers carried, 2,783,798 ; carried one mile, 14,773,217 ; average
nile rate, 1.96 cents. Earnings— passenger, $288.887 ; rents, $8,098.34 ; other, $11, 193.58
-total, $308,178.92. Operating expenses, $196,473.35. Net earnings (36.25 per cent.), $111,-
i.o?. Payments: Interest on bonds, $21,000; interest on debt, $6381.60; dividends,
;52,500; taxes, $16, 45.'). 26— total, $90,336.86. Balance, surplus, $lo,368.71. Surplus for-
vard, $89,408.87— total, $104,777.58.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $750,000 ; funded debt,
st mortgage 6 per cent. 20-year $1,000 coupon bonds, due July 15, 1897, interest January 15
nd July 15, $350,000 ; notes payable, $210,000 ; bills payable, $11,023 ; improvement fund,
".02 ; unpaid interest and dividends, $698 ; profit and loss, $104,777.58— total, $1,455,-
65.60. Contra : Construction, $879,023.24 ; equipment, $248,878.42 ; real estate and build-
ngs, $63,286.31 ; stock Boston, Winthrop, and Shore RR. owned, $54,330 ; materials and
uel on hand, $30,207.34 ; ferry property, §73,000 ; bills receivable. $69,562.07 : current debit
•alances, $815 ; cash on hand, $36,363.22— total, $1,455,465.60.

Annual meeting, third Thursday in November. Stock and bonds listed on Boston Stock
ichange. Interest and dividends paid at office of Treasurer. Dividends payable January 1
! nd July 1 ; bo^ks close 15 days previously. Trustees of bonds, David L. Webster, Edward
urner, John B. Alley. Registrar of stock, the Treasurer of the company.

DIVIDENDS. — In 1876 this company paid four quarterly dividends of two per cent, each ;

rom 1879 to 1886, inclusive, regular semi-annual dividends of three per cent, each ; in 1887

e of three and one of three and one-half per cent.; and in 1888, 1889, 1890, and 1891 semi-

| nmial dividends of three and one-half per cent. each. Total number of dividends to close of

jast fiscal year, 29 ; aggregating 89i per cent.

80 POOK'S MANUAL OF RAILROADS.

Directors (elected November 19, 1891).— Amos F. Breed, H. F. Hurlburt, Lynn, Mu>s
Melvin O. Adams, Matthew Bolles, M. Shepard Bolles, Boston, Mass. ; E. 15. Stoddun
Worcester, Mass. ; Joseph F. Kicker, Portland, Me.

MELVIN O. ADAMS, President Boston, Mass.

'/'/ vaxure r— John A. Fenno Boston, Mass. | Superintendent— C. A. Hammond Boston. Ma>

PRINCIPAL OFFICE AND ADDRESS 350 Atlantic Avenue, Boston, Mass.

BOSTON, WINTHROP AND SHORE RAILROAD COMPANY.

Main Line of Road. — East Boston to Winthrop, Mass 4.70

Point of Pines Branch ; Crescent Beach to Point of Pines 2.60 — 7.30 miles.

Sidings, etc., 0.50 mile. Gauge, 3 ft. Rail (steel), 50 Ibs.

History. — Consolidation Dec. 11, 1883, of the Eastern Junction, Broad Sound Pier and
Point Shirley RLl. Co., the Boston, Winthrop and Point Shirley RR. Co., and the Boston
and Winthrop RR. Co. (See MANUAL for 1886.) Consolidated July 1, 1891, with the Boston,
Revere Beach and Lynn KR. Co.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 2. Passenger cars, 8.

Operations for year ending June 30, 1891. — Train mileage — passenger, 56,716 ; other,
367 — total, 57,083 miles. Passengers carried, 718,089 ; carried one mile, 1,867,031 ; average
mile rate, 2.23 cents. Earnings— passenger, $41,658.80 ; other, $1,168.90— total, $42,827.70.
Operating expenses, $25,903.76. Net earnings (39.51 per cent.), $16,923.94. Payments:
Interest on bonds, $14,450 ; interest on debt, $3,259.44 ; taxes, $472.44— total, $18,181.88.
Balance, deficit, $1,257.94 ; deficit from last year, $636.03 ; plus depreciation, $1,000— total
deficit, $2,893.97.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $289,600 ; funded debt,
$289,000 ; bills payable, $64,187.07 ; current accounts, $474— total, $643,261.07. Com
Cost of road, $519,385.09; rolling stock, $26,738.81 ; lands, $90,481.11; current accounts,
$3,762.09 ; profit and loss, $2,893.97— total, $643,261.07.

The funded debt consists of 1st mortgage 5 per cent. 20-year $1.000 coupon bonds, duo
September 1, 190o, interest payable March and September. Trustee, International Trust Co.,
Boston. Interest payable at company's office, Boston, Mass.

BOWDEN LITHIA SPRINGS SHORT LINE RAILROAD.

Line of Road. — Lithia Springs, Ga., to Hotel 1.38 miles.

Sidings, 0.12 mile. Gauge, 3 ft. Rail, 30 Ibs.

History. — The road was first opened as a private enterprise in 1885 ; chartered as a com-
mon carrier March 25, 1887. The company has acquired, since the close of the fiscal year
(on July 15, 1891), a railroad 1.12 miles long, from Bowden Lithia Springs, to Austell, con-
necting at the latter place with the E. T., Va. & Ga. and the Ga. Pac. RRs.

Rolling Stock, June 30, 1891. — Locomotive engine, 1. Passenger cars, 2 ; freight cat', 1.

Operations for year ending June 30, 1891. — Trains run, 7,000 miles. Passengers car-
ried, 20.000 ; carried one mile, 30,000. Earnings from passengers, $1,000. Operating ex-
penses, $1,000.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $10,000. Contra:
of road and equipment, $10,000.

Annual meeting in March, at Lithia Springs, Ga.

E. W. MARSH, President Atlanta, Ga.

S. S. Marsh, Vice-President Atlanta, Ga.

tiec., Treas. & G. M.—J. A. Watson . Lithia Springs, Ga. I Q.Fgt.& TM.Afjf.—J. E. Rowland. Lithia Spri-

PRINCIPAL OFFICE AND ADDRESS Lithia Springs, Ga.

POOR'S MANUAL OF RAILROADS. 81

BRADFORD, BORDELL AND KINZUA RAILROAD COMPANY.

Jfain Line of Road.— Bradford, Pa., to Simpson, Pa 15.00 miles.

Branch : Kinzua Juuction, Pa., to Hew City, Pa 1.93 miles.

I Big Lcrel and Kinzua RE. : Mt. Jewett to Onnsby, Pa 10.50 miles.

Leased : - Bradford, Bordell and Smethport RR. : Simp-on to Smethport, Pa. . .10.23 inilrs.
f Rue "City and Eldrtd Rii. : Rew City to Eldred, Pa 12. 16 miles.

Total length of road operated Jane 30, 1891 49.82 miles.

_-s and other tracks, 7.87 miles. Gauge, 3 ft. Kail, iron, 30 ; steel (15 m.), 40 Ibs

History.— Organized March 4, 1880 ; road completed to Simpson, October 15, 1880. (See

f. for Ib^S p. 113.) Receiver appointed Jan. 12, 1891 ; sale ordered fur Jan. 18, 1892.

Rollinir Stock, June 30, 1891. — Locomotive engines, 9. Cars — passenger, 9 ; baggage,

etc., 1 : freight (box, 11 ; platform, 28 ; coal, o2 ; hoist tracks, 80 ; caboose, 1), 152 — total

162.

Operations for year ending June 30, 1891. — Train mileage — passenger. 84,215 ; freight,
27.152 ; mixed, 16,992 ; other, 8.364— total, 136,723 miles. Passengers carried, 82,488 : car-
j-ied oue mile. 1,270,53 -J ; average mile rate, 3.25 cents. Tons freight moved, 78,459 ; moved
pnemile, 1,370,225 ; average tou-mile rate, 3.16 cents,
virni n ITS.— Passenger $41,292 35 j Expanse*.— Transportation $37.474

Freight 43,361 93

Mail and Express 4,493 60

Miscellaneous. . . 155 18

Total ($1,790.52 per mile) $89,303 06

Maintenance of Equipment 13.; "5 4vJ

Maintenance Way and Buildings. 13,430 35
General... . 7.045 8G

Total (81,442.44 per miie,) $71,862 31

Net earnings (19.53 per cent.), $17,440.75. Add profit on supplies, $1,216.66 — total avail-

le revenue, $18,657.41. Payments : Interest on bonds, $15,936 ; on debt, $1,448.35; rent-

i, leased lines, $9,873.81 ; taxes, $856.20 ; receivership expenses, $1,327.02— total, $29,-

1,38. Balance, deficit, $10,783.97. Deficit from last year, $191,964.86— total deficit,

3.83.

General Balance Sheet, June 30, 1891.
rt of Road $522,747 5'J i Capital Stock $500,000 00

: Rolling Stock 91,052 73

iral Stock 250,000 00

- and Bonds Owned 111,000 00

ils and Fuel on Hand 2,489 37

& C. RR. Co/s Loans 54,852 49

:ty and Eldred RR. Co 2,11860

Jradford, Bordell and Smethport RR. Co. . 17,036 13

few York, Lake Erie and W. RR. Co 194,422 40

torrent Accounts 7,89098

.'ash on Hand 4,415 60

'rofit and Loss 202,748 83

Total Assets $1,460,774

Funded Debt— 1 st Mortgage Bonds 498,000 00

Receiver's Certificates 49,847 fi3

Current Accounts 23,837 42

New York, Lake Erie & W. RR. Co 210.618 t>7

Certificates of Indebtedness 24,10000

Interest on Boiul< 154.371 00

Total Liabilities $1,460,774 72

First mortgage bonds are for $500 each and are coupon, dated July 1, 1882, due in 50

. interest 6 per cent., payable June and December at the company's office.

Certificates of indebtedness are payable only if earned over current expenses and charges.

The item of s!94..4'22.40 is due in cash from the New York, Lake Erie and Western RR.

j'o. according to the existing contract. The item of $210,618.67 to the credit of that coin-

i'any is the amount due under said contract for deficiencies to date, and is payable by this

• « J

•ompany when earned over expenses and interest.

This company paid its first dividend on September 1, 1S80, and its last on June 1, 1882,
tie total number being 23, paid monthly. The total amount paid in dividends was £97,500,
r 40 per cent.

Annual meeting, second Monday in January. Books close 60 days before annual meet-
is: 5 for dividends, 10 days prior to payment of same. Stock and bonds ($500,000 of each)
sted on New York Stock Exchange. The $250,000 of new stock created during 1882 was
;sued to stockholders in the shape of a dividend. Trustee of bonds, Metropolitan Trust Co.,
few York, X. Y.
6

82 POOR'S MANUAL OF RAILROADS.

RAILROADS LEASED BY THE BRADFORD, BORDELL AND KINZUA RAILROAD Co.

BIG LEVEL AND KINZUA RAILROAD.— Mt. Jewett, to Ormeby, Pa., 10.7 miles.
1.50 miles. Gauge, 3 ft. Kail (steel), 40 Ibs. Chartered August 27, 1881. Road completed in 1886. Opera!-
the Bradford, Bordell and Kinzna llli. Co. under a joint traffic agreement between that company, the Big Level I
and Kinzua RR. Co., and the Pittsburgh and Western RR. Co., whereby the Big Level and Kinzua RR. Co. ;i
to maintain its road, the Bradford, Bordell and Kinzua RR. Co. agrees to operate it without charge and to pay
over the gross earnings, and the Pittsburgh and Western RR. Co. agrees to forward all traffic controlled by it, and
to pro rate fares and freights. Rental, 1889-1890, $12,000. Expenses and taxes, $3,600. Net income, $8,400. Paid

$260,000 ; notes, $7,500 ; other assets, $3,500 -total, $271 ,000. Annual meeting, second Monday in January. E
K. KANE, President; J. D. Brooder, Treasurer; D. T. Hall, Secretary. COHPORATK OFFICE, Kane, Pa.

BRADFORD, BORDELL AND SMETHPORT RAILROAD.- Simpson, Pa., to Smethport,
Pa., 10.23 miles. Sidings, 2.51 miles. Gauge, 3 ft. Kail (steel, 10.23 miles), 40 Ibs. Organized September 1, isso :
road completed December 1, 1880 ; and leased December 15, 1880, to B., B. & K. RR. Co., rental equalling £ of net
earnings, of B., B. & K. RR. and leased lines. George L. Roberts appointed receiver on January 12, 1891. Capital
stock, $100,000 ; unfunded debt, $17,036.13— total, representing cost of road and equipment, $117,036.13. The
company owns 1 locomotive and 2 passenger cars. J. J. CARTER, President ; W. R. Dieffenback, Treas>.
Bradford, Pa. ; John E. Ransom, Secretary, Buffalo, N. Y. PRINCIPAL OFFICE, Bradford, Pa.

REW CITY AND ELDRED'RAILROAD.-Rew City, Pa., to Eldred, Pa., 12.16 miles. Sidings, j
0.83 mile. Gauge, 3 ft. Rail, 30 Ibs. Chartered March, 1882; road opened September 13,1882. Leased t<
B. & K. RR. at an annual rental of $1, and cost of maintenance. Placed in the hands of George L. Robei
receiver, on January 12, 1891. Capital stock (authorized, $150,000), $111,000; unfunded debt, $2,118.tJU :
representing cost, etc., $113.118.60. This company owns 1 passenger car and 1 baggage, mai., and expre.v-
J. J. CARTER, President; W. R. Dieffenback, Treasurer, Bradford, Pa. ; John E. Ransom, Secretary, Bn;
Is . Y. PRINCIPAL OFFICE, Bradford, Pa.

Board of Directors, B., B., & K. RR. Co., elected January 12, 1891.

Jno. J. Carter Titusville, Pa.

W. W. Brown Bradford, Pa.

M. L. Hinman Dunkirk, N. Y.

J. C. McKenna Bradford, Pa.

Geo. L. Roberts Bradford, Pa.

A. S. Murray, Jr... New York, N. Y.

Jno. E. Ransom Buffalo, N. Y.

A. I. Wilcox Bradford, Pa.

Jno. C. Havemayer.XewYork,N V.

Aug. Stein "

Geo. A. Eckbert Titusville, Pa.

JOHN J. CARTER, President and General Manager Bradford, Pa.

GEOROE L. ROBERTS, Receiver and Purchasing Agent Bradford, Pa.

W. W. Brown, Vice-President Bradford, Pa.

Treas. & Auditor— W. R. Dieffenback. . .Bradford, Pa. | Secretary— John E. Ransom Buffalo, N. Y.

PRINCIPAL OFFICE AND ADDRESS Bradford, Pa.

BRADFORD, ELDRED AND CUBA RAILROAD COMPANY.

Main Line of Road.— Little Genesee, N. Y., to Ceres, N. Y. (Pa. Line) 4.31 miles.

, ( Wellsville, Bolivar and Kldred RR 20.62

: 1 Bradford, Richburg and Culm RR 9.36—29.98 miles, j

Total length of line operated June 30, 1891 34.29 miles.

Sidings, 0.97 mile. Gauge, 3 ft. Rail, 30 Ibs.

History.— Chartered May 11, 1881 ; road from Cuba to Ceres, N. Y., 23.71 mile?, opened
in 1882. Default made in January, 1885 ; receiver appointed February 4, 1885. In 1880 the
section from Cuba to Little Genesee, 19.40 miles, was dismantled and abandoned. •

Rolling: Stock, June 30, 1891. — Locomotive engines, 4. Cars — passenger, 8 ; bug.
mail, etc., 3 ; freight (box, 15 ; platform, 22 ; coal, 66), 103 ; service cars, 11 — total cars,

Operations for year ending June 30, 1891. — Train mileage — passenger, 41,316 ; freight.
34,743—total, 75,059 miles. Passengers carried, 38,314 ; carried one mile, 536,396 ; average
mile rate, 3.31 cents. Tons freight moved, 16,282 ; moved one mile, 325,640 ; aver;i:
mile rate, 5.29 cents.

Expenses. — Transportation $18,387

Motive Power

Maintenance of Cars

Maintenance Way and Buildings . 11 823 68
General 4,205 46 j

Total ($1,100.88 per mile) $37. .

Earnings.— Passenger $17,728 25

Freight 17,24651

Mail 1,94161

Express 1,06020

Miscellaneous ... 85

Total ($1,107.54 per mile) $37,977 42

Net, earnings (0.60 per cent.), $228.00. Payments : Interest on bonds, $33,600 ; interest
on debt and taxes, $2,325.12— total, $35,925.12. Balance, deficit, $35,697.12 ; deficit from
last year, $235,543.42— total deficit, $271,240.54.

POOR'S MANUAL OF RAILROADS. 83

General Balance Sheet, June 30, 1891.

' Road $554,822 57

ville, Bolivar and Eldred RR. Co 405,41000

Bradford, Richburg and Cuba RR. Co 156,369 50

Other Property and Assets 42,34000

-[Accounts 31,08615

n Hand 2,07788

Profit and Loss... 271,24054

Total Assets $1,463,346 64

Capital Stock $480,000 00

Funded Debt Outstanding 560.00000

Bills Payable 107,282 02

Current Accounts 27,85545

Matured Interest Coupons 245,220 00

Receiver's Certificates 34,546 25

Miscellaneous . . , 8,442 92

Total Liabilities $1,463,346 64

Funded debt : 1st mortgage 6 percent. 50 -year bonds, due January 1, 1932, interest Jan-
uary and July, $500,000 ; 2d mortgage 6 per cent. 50-year bonds, due June 1, 1932, interest
June and December, $60,000.

Annual meeting, second Monday in January. Books close December 24, preceding.

RAILROADS LEASED BY THE BRADFORD, ELDRED AND CUBA RR. Co.

BRADFORD RICHBTJRG AND CUBA RAILROAD. -Eldred, Pa., to Ceres, X. Y., 9.46 miles.
Siding, etc.. 0.91 mile. Gauge, 3 ft. Rail, 30 Ibs. Chartered March, 1881 ; opened July, 1881. Leased and oper-
ated by Bradford. Eldred and Cuba RR. Co. Capital .stock. §3.100: other liabilities, $187,200— total, $190.300.
Cost of road, etc., $187.200 ; other property and assets. S3. 100. JOHN J. CARTER, Resident ; George A.
Eckbert, Treasurer, Titusville, Pa.: John E. Ransom, Secretary. Buffalo, N. Y.

WELLSVILLE, BOLIVAR AND ELDRED RAILROAD. — Wellsville. N. Y., to Little Gen-
esee, 19.07 : branch. Bolivar to Richburg, 1.55— total, 20.62 mile*. Total track. 23.35. Gauge. 3 ft. Rail, 30 Ibs.
Chartered April 29, 1881. Leased and operated by Bradford, Eldred and Cuba RR. Co. Capital stock. Stj 9901-
other liabilities. $412,400— total, $419,390. Contra : Cost of road, $412,400 : due from lessee. $6,990. R. G. TAY-
LOR. President ; W. S. Bissell, Secretary, Buffalo, N. Y.; B. W. Spencer, Treasurer. New York, N. Y.

Board of Directors, Bradford, Eldred and Cuba UR. Co.

Herman S. Lemy. .New York, N. Y.
W. E. Mantius.."..
Thus. C. Platt ..

August Stein New York, N. Y.

Bird W. Spencer . . " "

W.C.Sheldon....

Thos. F. Wood ..

Chas. C. Attenbury.New York, N.Y.

Frank M. Baker Owego. N. Y.

B. F. Bellinger . .Elizabeth, N. J.

Ed. M. Dickinson .New York, N. Y. | Frank H. Platt

THOMAS C. PLATT, Receiver New York, N. Y.

FRANK H. PLATT, President New York, N. Y.

Frank M. Baker, Auditor and Agent for Receiver Addison, N. Y.

y— Thos. F. Wood New York, N. Y. 7 i-easurer—Y. R. Weiner New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Addisnn, N. Y.

BRIDGTON AND SACO RIVER RAILROAD COMPANY.

Line of Road. — Bridgton Junction, Me., to Bridgton, Me 16 miles.

Sidings, etc., 1 mile. Gauge, 2 ft. Rail (steel), 30 Ibs per yard.

History.— Organized under general railroad law July 19, 1881 ; road opened Jan. 29, 1883.

Rolling Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 2 ; baggage,
etc., 2 ; freight (box, 7 ; platform, 11), 18— total, 22.

Operations for year ending June 30, 1891. — Trains run, 33,519 miles. Passengers
carried, 14,184 ; carried one mile, 205,406 ; average mile rate, 5.06 cents. Tons freight
moved, 13,517 ; moved one mile, 191,246 ; average ton-mile rate, 7.28 cents. Earnings — pas-
aenger, $10,400.38 ; freight, $13,913.10 ; mail, $1,009.15 ; express, $2,390.83— total, $27,719.-
46. Operating expenses, $16,387.48 ; Net earnings, $11,331.98. Payments : Interest on
bonds, $4,800 : on debt, $178.25 ; improvements?, $1,764.62— total, $6,742.62. Balance, sur-
plus, $4,589.36. Deficit from 1890, $443.22— net surplus, $4,146.14.

Financial Statement, September 30, 1891.— Capital stock (par $50), $89,554 ; funded
debt (1st mortgage 6 per cent, coupon bonds, September 1, 1882-1902, interest March and
September, $80,000 ; 2d mortgage 6 per cent, coupon bonds, September 1, 1883-1903, inter-
est March and September [authorized, $30,000], $26,500), $106,500 ; bills payable, $2,650 ;
current accounts, $3,093.65 ; profit and loss, $4,146.14— total, $205,943.79. Contra : Cost of
road, $109,700.46; rolling stock, $27,742 ; materials and fuel, $1,911.61 ; current accounts
$825.36 ; cash on hand, $5.764.36— total, $205,943.79.

84 POOR'S MANUAL OF RAILROADS.

Interest payable in Portland, Me. Voting power attaches to ptock after one day's owner-
ship. Annual meeting, third Wednesday in November, at Bridgton, Me. Trustees of bonds,
H. M. Payson, Byron D. Verrill, and J. M. Kimball, Portland, Me. Registrar of stock, P. P.
Burn ham.

Directors (elected November 18, 1891).— Wm. F. Perry, Wtn. A. Stevens, A. II. Burn-
ham, David P. Chaplin, Geo. E. Mead, Samuel S. Fuller. Aldnm T. Ingalls, Bridgton, Me.;
Almon Young, Hiram, Me.; W. H. Miiliken, Portland, Me.

WILLIAM F. PEEUY, President Bridgton, Me.

Treasurer — P. P. Bnrnham Bridgton, Me. | Secretary — J. A. Bennett Bridgton, Me.

PRINCIPAL OFFICE AND ADDRESS Bridgton, Me.

BK-IGANTINE BEACH RAILROAD COMPANY.

Line of Road. — Pomona, N. J., to Brigantine Beach, N. J 13.90 miles.

Sidings, about 1.5 miles. Gauge, 4 ft. 8^- in. Rail (steel), 60 Ibs.

History,— Chartered August 7, 1889 ; road opened for traffic August 21, 1890. Operated
by the Philadelphia and Reading RR. Co. No report for year 1891 furnished.

Financial Statement, February 1, 1892.— Capital stock (authorized, $370,000 ; par, $100)r
$355,000 ; funded debt outstanding (1st mortgage 5 per cent. 30-year $500 coupon bonds,
dated November 1, 1889, interest payable May and November), $350,000 — total stock and
bonds, $705,000.

Annual meeting, first Monday in May, at Brigantine, N. J. Trustee of bonds, Holland
Trust Co., New York, N. Y., at whose office interest is payable. Bonds listed on the Phila-
delphia Stock Exchange.

Directors (elected May 4, 1891).— Samuel St. J. McCutchen, J. B. Van Woert, Joseph
W, Coffin, New York, N. Y.; Edward L. Suffern, A. S. Patterson, Plainfield, N. J.; E. C.
Stout, New Brunswick, N. J.; Joseph Thompson, Clarence L. Cole, Atlantic City, N. J.;
Charles W. Packer, Brigantine, N. J. ; William Hacker, J. Washington Miller, Phineas
Garrett, E. Clarence Miller, Philadelphia, Pa.

SAMDEL ST. J. MCCUTCHEN, President ;New York, N. Y.

Phineas Garrett, 1st Vice- President Philadelphia, Pa.

2d Vice- Pres.— Joseph Thompson.. .Atlantic City, N. J. | Sec. and Treas.—E. Clarence Miller.. Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS 802 Provident Building, Philadelphia, Pa.

BRISTOL BELT LINE RAILWAY COMPANY.

Line of Road Completed, — Around Bristol, Tenn 10 miles.

Projected Road : Bristol to Blountville, Tenn • 9 miles.

Gauge. 4 ft. 9 in. Rail (steel), 35 and 40 Ibs.

History.— Chartered February 22, 1890; belt line opened October 15, 1891. The com-
pany also owns and operates an electric street railway system in Bristol.

Rolling' Stock, December 31. 1891. — Locomotive engine, 1. Cars — passenger 4 ; other, 4.

Financial Statement, December 31, 1891.— Capital stock ($100 shares), $100,000 ; funded
debt, 1st mortgage 6 pet- cent. 30-year $1,000 gold bonds, due June, 1921, interest payable
January and July, $75,000 authorized. Interest and dividends payable January and July sit
Bristol, Tenn. Trustee, Brisiol Title Bank and Trust Co., Bristol, Tenn.

Directors. — J. L. Stadelman, Ardmore, Pa. ; B. L. Dulaney, S. L. Nicholson, Bristol,
Tenn. ; W. A. Stadelman, Philadelphia, Pa. ; A. H. Leftwich, Spartanburg, S. C.

J. L. STADELMAN, President Ardmore, Pa.

Treas. and Auditor— Thomas H. Fox. ..Bristol, Tenn. | Sec. an/I (ten. tfupt.—S. L. Nicholson Bristol, Tenn.

. PRINCIPAL OFFICE AND ADDRESS Bristol, Tenn.

Philadelphia Office Penn Mutual Life Building.

POOR S MANUAL OF RAILROADS.

85

BROOKLYN AND BRIGHTON BEACH RAILROAD COMPANY.

Line of Road.— Brooklyn (Atlantic Av.), N. Y., to Brighton Beach, N. Y 75 miles.

2d track, 7.5 miles ; sidings, 2.36 miles. Gauge, 4 ft. 8 A- in. Kail (steel, 17.36 in.), 56 Ibs.

History. — Chartered September 2, 1887, and purchased at foreclosure sale, October 26,
he Brooklyn. Flatbush and Coney Island RR. (See MANUAL for 1890.) Default on
interest payments was made September 1, 1890.

Rolling Stock, June 30, 1891. — Locomotive engines, 8. Cars — passenger, 42 ; baggage,
mail, and express, 2 : freight (box, 1 ; platform, 6), 7 ; other, 1 — total cars, 52. •

Operations tor year ending June 30, 1891. — Train mileage — passenger. 84,025 ; freight,
1,746 ; other, 2,15!) — total, 87.927 miles. Passengers carried, 730,630 ; carried one mile, 5,-
114,410 ; average mile rate, 2.24 cents. Tons freight moved, 8,399 ; moved one mile, 58,-
average ton-mile rate, 2.39 cents.

— Passenger

Freight

Express

Telegraph

$114,618 97

* 1,410 40

453 10

500 00

Expenses.— Transportation $36.215 82

Motive Power and Cars 8,149 3S

Maintenance Way and Buildings . 7.052 21
General... . 18,053 19

(815,597.60 per mile) $116,982 47 Total ($9,262.75 per mile) $69.470 60

Net earnings (40.61 per cent.), $47,511.87. Payments : Interest on bonds, $25,000 ; on
debt, $11280.36 ; other payments, $39,418.74— total, $75.094.10. Balance, deficit, $28,182.-
23 ; add deficit from last year, $116,180.22 ; plus claims against receiver B., F. & C. I. RR.
paid during year, $6,625.08 — total, $150,987.53. Deduct cash and hotel furniture received
during year from receiver, B., F. & C. I. RR., $40,341.55 : rebate on taxes of 1890, $1,780.78
—total. $42,122.33. Net deficit as per balance sheet, $108,865.20.

General Balance Sheet, June 30, 1891.

Cost of Road $1,570,609 94

Cost of Rolling Stock 110,856 60

Materials and Fuel on Hand 1,40000

Current Accounts 4,151 63

Cash on Hand 2,942 70

Profit and Loss ... 108,865 -20

Total Assets Si. 798,826 07

Common Stock Paid in $500,000 00

Preferred Stock Paid in 500,000 00

Funded Del t Outstanding 500,000 00

Bills Payable 194,35000

Currant Accounts 83,642 74

Interest on Funded Debt. . . 20,833 33

Total Liabilities.

$1.798,826 07

Funded debt : 1st mortgage 5 per cent. 40-year $1,000 coupon bonds, payable September
1, 1927, interest March and September, $500,000. Interest payable at Central Trust Co.,
New York, N. Y, Annual meeting, second Tuesday in September, at 346 Fulton Street,
Brooklyn. X. Y. Trustee of bonds : Central Trust Co., of New York. Registrar of stock,
Brooklyn Trust Co., Brooklyn, X. Y.

Directors (elected September 8, 1891). — James Jourdan, Aaron S. Robbins. Wm. Mar-
shall, Abraham B. Bayless, George I. Murphy, Edward L. Langford, Brooklyn ; U. A.
Murdock. New York City.

JAMES JOURDAN, President Brooklyn, N. Y.

'<fc. and Trfaa.—E. L. Langford Brooklyn. N. Y. | Gen. Manager— James L. Morrow Brooklyn, N. T.

PRINCIPAL OFFICE AND ADDEESS 346 Fulton Street, Brooklyn, X. Y.

BROOKLYN AND ROCKAWAY BEACH RAILROAD COMPANY.

Line of Road.— East Xew York, X. Y., to Canarsie Landing, X. Y 3.5 miles.

1 mile. Gauge, 4 ft. 8| in. Rail (steel, 2 miles), 50 and 56 Ibs.
History. — Chartered December 4, 1863 ; road opened October, 1865.
Rolling Stock.— Locomotive engines, 3. Cars — passenger, 14 ; platform, 2.
Operations tor year ending June 30, 1891.— Train mileage— passenger, 71,962 ; freight,

86 POOE'S MANUAL OF EAILROADS.

1,500— total, 73,462 miles. Passengers carried, 622,801 ; carried one mile, 2,870,097. Tons
freight moved, 9,200 ; moved one mile, 19,040. Earnings — passenger, $72,317.07 ; freight,
$248.50 — total, $72,565.57. Expenses— maintenance of way, $2,525.51 ; motive power and
cars, $1,460.40 ; transportation, etc., $28,560.25 ; general, $11,396.33— total, $43,942.49.
Net earnings, $28,623.08; add interest, rents, etc., $2,389.90— total net income, $31,012.93.
Payments— interest an bonds, $4,340 ; taxes, $1,238.39— total, $5,578.39. Surplus, $25,434.-
59 ; surplus from 1890, $74,931.66— total surplus, $100,366.25.

Financial Statement, June 30, 1891.— Capital stock, $147,500 ; funded debt (1st mort-
gage 6 per cent 20-year $1,000 coupon bonds, due May 1, 1909, interest May 1, and Novem-
ber 1, $58,000 ; improvement 6 per cent. $1,000 coupon bonds, dated April 1, 1889. $1,000
due April 1 each year, interest April and October, $8,000), $66,000 ; loans and bills pay-
able, $8,888.82 ; current accounts, $13,605.42 ; interest accrued, $320; profit and loss, $100,-
366.25— total, $336,680.49. Contra: Construction account, $235,599.18; equipment, $70,-
441.19; current accounts, $28,413.24; office furniture, $189.75; cash, $2,037.13— total,
$336,680.49.

Annual meeting, fourth Tuesday in June, at the office of the company. Transfer books
close thirty days previously, and stock owned then may be voted at the meeting. Interest
on bonds payable at First National Bank, Brooklyn, N. Y. Trustee, George D. Betts.

Directors. — Henry H. Adams, Felix Campbell, James H. Frothingham, Louis H. Irwin,
James Jourdan, Thomas E. Pearsall, Brooklyn, N. Y. ; Wendell Goodwin, New York, N. Y.

HENRY H. ADAMS, President Brooklyn, N. Y.

Sec. and Treas.— Joseph E. Palmer, Jr. .Brooklyn, N. Y. | General Supt>— William Warner Canar^ie, L. I.

PRINCIPAL OFFICE AND ADDRESS 346 Fulton Street, Brooklyn, N. Y.

BROOKLYN, BATH AND WEST END RAILROAD COMPANY.

Line of Road. — Brooklyn (Greenwood), N. Y., to Coney Island, N. Y 6.64 mile?.

2d track, 6.14 m. ; sidings, 3.72 m. Gauge, 4 ft. 8| in. Rail (steel, 12.85 m.), 40 and 56 Ibs.

History. — Reorganization, December 5, 1885, of the Brooklyn, Bath and Coney Island
RR. Co. Road opened June 8, 1864.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 7. Cars — passenger, 47 ; baggage,
mail, and express, 2 ; freight (box, 2 ; platform, 3), 5 ; other cars, 10 — total cars, 64.

Operations for year ending June 30, 1891. — Train mileage — passenger, 131,475 ; freight,
5,154 ; other, 1,515 — total, 138,144 miles. Passengers carried, 1,028,516 ; carried one mile,
3,461,062; average mile rate, 2.91 cents. Tons freight moved, 3,225; moved one mile,
10,473 ; average ton-mile rate, 15.41 cents. Earnings — passenger, $100,889.90 ; freight,
$1,614.29 ; other, $561.45— total, $103,065.64. Operating expenses— transportation and
motive power, $45,053.36; maintenance of equipment, $7,167.08; maintenance way, •
$7,848.67 ; general, $24,235.69— total, $84,304.80. Net earnings (18.20 per cent.), $18,760.84,
Paid interest on bonds, $24,912.14; on debt, $4,880.12; taxes, $3,917 44— total, $33,709.70.
Balance, deficit, $14,948.86. Surplus from last year, $689.63. Net deficit, $14,259.23.

General Balance Sheet, June 30, 1891.

Cost of Road $1 ,026,876 75

Cost of Rolling Stock 78,867 06

Materials and Supplies S93 95

Current Accounts... 1,93080

Capital Stock $50"

Funded Debt Outstanding 50u.'

Bills Payable and Mortgages in:

Current Accounts...

Cash on Hand H. 070 27 Due for Wages

Profit and Loss . . 14.25't 23 Interest Accruing

Total Assets $1,128,498 00 . Total Liabilities $1,13

Funded debt consists of $250,000 first mortgage series A 5 per cent. 10-20-year £ '
coupon bonds, dated January 1, 1887, due in 1907, payable in 1897. interest payable January ,
and July; and $250,000 first mortgage series B 5 per cent, 20-year bonds, interest April and

POOR'S MANUAL OF RAILROADS. 87

October. Trustee of bonds. Title Guarantee and Trust Co., Xe\v York. Interest payable at

Bee of C. D. Barney & Co , 122 South Fourth Street, Philadelphia, Pa.
Annual meeting, second Thursday in November, at the company's office in Brooklyn.

Board of Directors, B., B. & W. E. RR. Co., elected November 1, 1891.
John M. Butler.... Philadelphia. Pa. I William A.Ingham.Philadelphia,Pa. Isaac Gerhart Philadelphia. Pa.

John Dickey

Edw'd Roberts, Jr.

-rmler.... " '• Ernest II. Davis. ..

Roberts . . 'I John L Kates

JOHN M. BUTLER, President 119 South Fourth St., Philadelphia, Pa.

and Treas.—J. Horace Harding. .Philadelphia, Pa. | Auditor— O. M. Mears Brooklyn, N. Y.

PRINCIPAL OFFICE AND ADDRESS 36th St. and oth Ave., Brooklyn, N. Y.

Transfer Office 122 South Fourth St., Philadelphia, Pa.

» BROOKLYN ELEVATED RAILROAD COMPANY.
. (Fulton Ferrv to Sclienck Ave., Brooklyn, X. Y. 6.75
am Line of Koad. -j Eagt River to Lexiugton Avenue ; 3.78
( Fulton Street to City Line 4.82

es : ( Park Avenue to 38th Street and Fifth Avenue 3.58—17.93 miles.

rack, 17.93 miles ; sidings, etc., 0.90 mile. Gauge. 4 ft. 8i in. Rail (steel), 60 Ibs.
History. — Consolidation. October 27, 1890, of the Brooklyn and the Union Elevated RR.
:Cos. (See MANUAL for 1891). The Brooklyn Bridge and Seaside RR. Co. was organized in
1891 to extend this road.

Rolling Stock, June 30. 1891. — Locomotive engines, 76. Cars— passenger, 230 : freight
i. platform. 4 ; coal, 8), 12 -total cars, 242.

Operations for year ending June 30, 1891. — Train mileage — passenger, 2.^04.828 ; other,
40.o71— total, 2,845,399 miles. Passengers carried, 34,424,708. Earnings— passenger, $1,-
721235.40; other sources. $25,271.59— total ($97,406.87 per mile), % 1,746,506. 99. Expenses
—transportation, $828,676.77 ; motive power, $42,756.99 ; maintenance of cars, $31.020.31 :
maintenance way and buildings, $27,736.76; general, $59,680.85 — total ($55,207.57 per
Imile), $989,871.68. Net earnings (43.32 per cent.), $756,635.31. Add receipts from rent of
property and interest, $12.701.63 — total available revenue, $769,336.94. Payments : Interest
'.on bonds, $504,670; on loans, $2,804.17; taxes on earnings and capital stock. Xl2,605.70;
^interest on 1st mortgage bonds of Union Elevated RR., $105,500— total, $625,579.87. Balance,
jsurplus, $143,757.07. Surplus from last year, $14,116.28. Total surplus as per general
balance sheet. $157.873.35.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $13,283,600 ; funded debt,
$12,625.000; bills payable, $60,000; vouchers and pay-rolls, $59,943.80; interest due and
accrued, $110,555 ; current accounts, $49,151.19 ; profit and loss. $157,873.35— total, *26,-
1346,123.34. Contra: Cost of road and equipment, $26,163,994.04; materials and fuel,
$73,360.75: sundries, $60,691.52 ; current accounts, $24,139.99; cash, $23,937.04— total,
: $26,346. 123.34.

Funded debt consists of $3,500,000 1st mortgage 6 per cent. 40-year $1,000 coupon bonds,
dated October 1, 1884, interest payable April and October ; $1,250,000 2d mortgage 30-year
$1,000 coupon bonds dated July 1, 1885, interest 5 per cent., payable January and July;
5,807,000 1st mortgage Union El. RR. 6 per cent. 50-year $1,000 coupon bonds, due May 1,
,1937, interest payable May and November, and $2,068,000 Union El. RR. 2d mortgage income
5 per cent. 40-year $1,000 registered bonds due May 1, 1927, interest payable January and
•July, at the office of the trustee, the Central Trust Co., Xew York. X. Y.

Annual meeting, first Wednesday in January. Books close thirty days prior thereto.
First and second mortgage bonds and $6,000,000 Union Elevated Ists listed on New York
Stock Exchange.

Directors (elected January 22, 1891).— Henry \V. Putnam, Henry W. Putnam, Jr.,
Frederick Uhlmnnu, Simon Uhlmann, Edward Lauterbach, Isaac Lewis, Hugo Rothschild,

88 POOR'S MANUAL OF RAILROADS.

Adolf Ladenburg, New York, N. Y. ; George W. Wingate, A. J. ITardt-nbergh, Klber
Snedeker, Anthony Barrett, Brooklyn, N". Y.; one vacancy.

HENKY W. PUTNAM, President 108 Chambers Street, New York. N. Y.

Elbert Snedeker, Vice-President Brooklyn, N. Y.

tfec. and Treas. — Hugo Rothschild Brooklyn, X. Y. ' Auditor — \V. B. Longyear Brooklyn. N. Y

PRINCIPAL OFFICE AND ADDRESS 31 Sands Street, Brooklyn, N. Y.

Transfer Agent and Registrar of Stock Central Trust Co., New York City.

BROWNSVILLE AND GULF RAILWAY COMPANY.

Line of Road. — Ferry Landing to the Depot of the Rio Grande RR. Co., iu Brownsville
Tex., 1 mile. Gauge, 3 ft.

Rolling Stock, September 30, 1890.— Freight cars (box, 1 ; flat, 3), 4.

Operations for year ending September 30, 1890 (latest furnished). — Train mileage
(freight), 2,375 miles. Tons freight moved, 8,143. Gross earnings (year ending' Decembei
31, 1890), $3,204.80 ; expenses, $1,925.16 ; net earnings, $1,279.64.

Financial Statement. — Not f urnished.

Directors (elected July 31, 1889).— W. G. Raoul, Andrew Anderson, Jr., New York, N.Y.
J. N. Galbraith, Thomas W. Dodd, Laredo, Tex. ; T. B. Russell, A. B. Barton, Brownsville,
Tex.; P. J. Milan, Marshall, Tex.

W. G. RAOUL, President New York, N. Y.

Vice- President— T. B. Unwell Brownsville, Tex. | Sec. and Treas.— A. B. Barton Brownsville, Tex.

PRINCIPAL OFFICE AND ADDRESS Brownsville, Tex.

BRUNSWICK AND WESTERN RAILROAD COMPANY.

Line of Road. — Brunswick, Ga., to Albany, Ga 170.40 miles.

Sidings, 19.85 miles. Gauge, 4 ft. 9 in. Rail (steel, 170.40 miles), 56 and 60 Ibs.

History. — This companj7 is a reorganization (December 19, 1882) of the Brunswick and
Albany RR. Co. (See MANUAL for 1888, page 625.)

Rolling1 Stock, June 30, 1891. — Locomotive engines, 23. Cars — passenger, 13 ; baggage,
mail, and express, 6 ; freight (box, 176 ; platform, 348 ; stock, 6 ; caboose, 5), 535 ; other
cars, 37 — total cars, 591.

Operations for year ending June 30, 1891. — Train mileage — passenger, 277,993 ; freight,;
247,304 ; other, 89,925— total, 615,22'3 miles. Passengers carried, 169,607 ; carried one mile,!
6,432,207 ; average mile rate, 2.44 cents. Tons freight moved, 385,981 ; moved one niile.j
30,954,391 ; average ton -mile rate, 1.39 'cents.

Burnings.— Passenger $157,713 85

Freight 431.61560

Mail and Express 25,51953

Miscellaneous 23,451 29

Expenses.— Transportation $215,653 0

Motive Power and Cars 99,828 6£'

Maintenance Way & Buildings. . 158,938 56
General .. . 56 ,:

Total ($3,745.89 per mile) $638,299 27 | Total ($3,117.13 per mile) $531,159 26

Net earnings (16.78 per cent.), $107,140.01. Payments : Interest on bonds, $120,000 ; or
debt, $22,908.40 ; taxes, $13,809.97 ; other, $6,766.39— total, $163,484.76. Deficit, $56,344.75.
Deficit from 1890, $259,999.48— total deficit as per general balance sheet, $316,344.23.

General Balance Sheet, June 30, 1891.

Cost of Road, Equipment, etc $11,000,000 00 ] Common Stock (par, $100) §1 .500,000 Oij

Materials and Fuel 23,674 40

Bills Receivable 2,260 70

Cash 27,723 26

Current Accounts 70,749 28

Profit and Loss . . 316,344 23

Total Assets $11,440,751 87

Preferred Stock (par, $100) 3-500,000

Funded Debt ' <i,000,000 0

Current Accounts 379,531 I

Coupons, including July 1, 189'J &'•

• Total Liabilities 811.

Funded debt consisted June 30, 1891, of $3,000,000 1st mortgage 4 per cent. 50-year go.
coupon bond?, due January 1, 1934, principal and interest guaranteed by the Savannal

89
/

Florida and Western Ry. Co., and coupons payable January and July, and $3,000,000 5 per
:ent. irredeemable income bonds. The first mortgage bouds are for $500 (Xos. 1 to 800) and
$1,000 (801 to 3,400) each, and are coupon, with provision for registration of principal.

The preferred stock is entitled to 6 per cent., non-cumulative. Annual meeting, Thurs-
iay after the first Wednesday in March, at Brunswick, Ga. Interest payable at 12 West 23d
Xe\v "York City. Trustee of 1st mortgage bonds, Metropolitan Trust Co. of New York.
.^irst mortgage bonds listed on the New York Stock Exchange.

Directors (elected March 5, 1891).— H. B. Plant, H. S. Haines, Morris K. Jesup, Henry
fonford, M. F. Plant, New York, N. Y. ; C. P. Goodyear, Brunswick, Ga. ; E. B. Haskell,
3oston, Mass.

H. B. PLANT, President ................................ New York, N. Y.

M. F. Plant, Vice- President ............................ New York, N. Y.

—'R. B. Smith ............... New York, N. Y. I Au'Utor— R. S. Mclver ................ Brunswick, Ga.

. Monltrie Lee ............ Savannah, Ga. j Sttpt. & Pur. Agt. — George W. Haines. Brunswick, Ga.

PRINCIPAL OFFICE AND ADDRESS ............................... Brunswick, Ga.

New York Office . . . .12 West 23d Street.

BUFFALO CREEK RAILROAD COMPANY.

Main Line of Road.— Williams St. to Peck Slip, Buffalo, N. Y 4.26

branches : Oil Refinery, 0.78 ; Lake Erie, 0.78 1.56—5.82 miles.

d track, 3.13 ; sidings, 7.92 miles. Gauge, 4 ft. 81 in. Rail (steel, 11.56 miles), 58 Ibs.

History. — Chartered January 25, 1869 ; road opened June, 1870. On January 1, 1890,
bis road was leased to the New York, Lake Erie, and Western and the Lehigh Valley Ry.
1os. for the term of its charter, less one day.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $250,000 ; funded debt
1st mortgage 6 per cent. 25-year $1,000 registered bonds, due January 1, 1907, interest
anuary and July), $250,000 ; 2d mortgage 5 per cent. 50-year $1,000 coupon bonds, due
anuary 1, 1941, interest payable January and July $166,000 ; profit and loss, $10,053.37 —
Dtal, *676,053.37. Contra : Cost of road, $606,553.23 ; rolling stock, $59,297.01 ; bills re-
eivable, $8,750 ; current accounts, $447.12 ; cash on hand, $1,006.01— total, $676, 053. S 7.

Directors. — F. L. Danforth, Buffalo, N. Y. ; John King, William Libbey, John G.
IcCullough, New York, N. Y. ; Wm. Stevenson, Sayre, Pa. ; John B. Garrett, Philadelphia,
'a. ; William H. Sayre, South Bethlehem, Pa.

F. L. DANFORTH, President Buffalo, N. Y.

William H. Sayre, Secretary and Treasurer South Bethlehem, Pa.

PRINCIPAL OFFICE AND ADDRESS. . . .South Bethlehem. Pa.

BUFFALO CREEK TRANSFER RAILROAD COMPANY.

Line of Road.— In the City of Buffalo 1.10 miles.

'diners, 0.50 mile. Gauge, 4 ft. 8i in. Rail (steel, 1.10 miles), 60 Ibs.
History.— Chartered June 23, 1881.

Financial Statement, September 30, 1891. — Capital stock (authorized, $50,000; par,
^00), $5,000 ; unfunded debt (real estate mortgage), $45,200— total, $50,200. Contra : Cost
f road, $4,000 ; real estate, $46,000 ; materials, $122.95 ; cash, $77.05- total, $50,200.
Annual meeting, fourth Monday in June, at Buffalo, N. Y. Books close thirty days
re meeting and five days before dividends. Stock may be voted after 30 days' ownership.
Directors (elected June 22, 1891).— Horace A. Noble, John R. Williams, Frank C. Fer-
Fnink F. Williams, John L. Williams, Arthur H. Williams, Buffalo, N. Y. ; Robert
• Williams, Oak Ridge, Pa.

HORACE A. NOBLE, President Buffalo, N". Y.

r- John R. Williams Buffalo, N. Y. | Secretory-Frank F. Williams Buffalo, N. Y .

PRINCIPAL OFFICE AND ADDRESS 67 Coal and Iron Exchange, Buffalo, N. Y

POOR'S MANUAL OF RAILROADS.

V

BUFFALO, ROCHESTER AND PITTSBURGH RAILWAY COMPANY.

Main
Main

f Rochester, N. Y., to Walston, Pa., inci. track of

nf Roid J Erie UB' (36'23 m") ........................ 23L63 7l

of Road. ^ Buffal0f N. Y., to Ashford, N. Y., incl. track of

Buffalo Creek RR. (4.0 m.) .................. 49.25 miles.

Branches : Adrian Mine, 2.58 m.; Beech Tree, 4.04 m.; Eleanora, 4.94 m ...... 11.56 miles.

Propri- (Perry RR.: Silver Lake Junction to Silver Springs, N. Y ....... 1.03

etary -j Lincoln Pk. & Charlotte RR. : Lin. Pk., N. Y., to Charlotte, N. Y.10.89
Eoads : ( East Buffalo Terminal Ry .................................... 0.10 — 12.02 miles.

Total length of all lines operated, June 30, 1891 304.46 miles, i

Sidings, etc., 85.51 miles. Gauge, 4 ft. 8£ in. Rail (steel, 304.46 miles), 56 and 71 Ibs.

History. — Consolidation, March 11, 1887, of the Buffalo, Rochester and Pittsburgh and
the Pittsburgh and State Line RR. Cos. (See MANUAL for 1887, page 125.)

The track of the New York, Lake Erie and Western RR. is used at an annual rental of
$55,200 and a proportionate share of maintenance.

This company owns the entire capital stock of the Perry, the Lincoln Park and Char-i
lotte, and the East Buffalo Terminal RR. Cos.

Rolling Stock, June 30, 1891. — Locomotive engines, 98. Cars — passenger, 34 ; baggage,!
mail, and express, 11 ; freight (box, 1,874 ; stock, 10 ; platform, 191 ; coal, 3,786), 5,
caboose, 53 ; other, 157 — total cars, 6,116. Of this equipment, 20 locomotives, 11 passenger.
399 box, 100 platform, 2,300 coal, and 6 caboose cars are covered by car trust, and 494 box
cars are leased. Since close of fiscal year 9 locomotives. 3 caboose, and 9 " other" cars have
been purchased, and contracts have been entered into for 100 box and 200 coal cars.

Operations for year ending June 30, 1891. — Train mileage — passenger, 417,982 ; freight,!
1,393,536 ; mixed, 5:033 ; other, 884,085— total, 2,700,636 miles. Passengers carried, 681,
885 ; carried one mile, 14,536,949 ; average mile rate, 2.27 cents. Tons freight moved
2,390,878 ; moved one mile, 333,372,993 ; average ton-mile rate, 0.60 cent.

Earnings.— Passenger $329,361 26

Freight 1,983,86380

Mail 20,255 78

Express 12,300 00

Miscellaneous . . 73,626 18

434,1:30 8

Expenses. — Transportation

Motive Power j

Maintenance of Cars )

Maintenance Way & Buildings. 264.709 s

General . . 312,898 5-1

Total ($7,946.55 per mile) .

$2,41F,407 02

Total ($5,817.61 per mile) $1 .".

Net earnings (26.79 per cent.), $648,176.36. Add other receipts: Interest, $26, i;
rents, etc., $4,497.94— total available revenue, $678,850.06. Payments : Interest on bon<i!
<mortgage bonds, $452,810; income bonds, $791.40; car trusts, $28,580.84; real e.-tat:
mortgages, $14,175), $496,357.24 ; interest on debt, $15,841.28 ; taxes, $45,302.93 ; extraor-
dinary expenses and improvements, $46,886.32 — total, $604,387.77. Balance, surplu-
462.29. Surplus from last year, $20,6-20.98— total, $95,083.27. Deduct for old account;
written off, $566.41. Net surplus as per general balance sheet, $94,516.86. A dividend o|
14 per cent, was paid February 15, 1892.

General Balance Sheet, June 30, 1891.

Cost of Road $16,630,902 23

Cost of Rolling Stock

-Stocks and Bonds Owned

Materials and Fuel on Hand

Due by Agents, Conductors, etc

Bills Receivable

Current Accounts, etc

Cash on Hand

Total Assets...

$16,630,902 23
3 139 551 23

Common Stock (par, $100)
Preferred Stock (par, $100)

.... $6,1

1 003 750 67

Funded Debt Outstanding

8

294 944 59

Bills Payable

168 450 64

Current Accounts

455,057 75

Interest Due and Accrued

....

48 ()50 45

Audited Vouchers and Pav Rolls

41 021 82

Rentals Accrued

Profit and Loss

. .

i»1 7K-> fi9Q as

Total Liabilities

*si."

Caledonia * S^«

X .Afield * /> «J

Kendall ;

-3

Albion ^V
^S>^

*>'.

W.IIIi.gSa-/'

^«OSS/^^.
m^l

%^

-i^r^fenrri^
• ' ' V * M

S Uniontown

L_ | >fa:r.;

MAP OF THE

BUFFALO, ROCHESTER
AXD PITTSBURG

RAILWAY.

92 POCK'S MANUAL — BUFFALO, ROCHESTER AND PITTSBURGH RY. CO.

Statement of funded debt, June 30, 1891 :

Description of Bonds and Property Mortgaged.

Date.

Interest.

Author-

i/.ed.

Out-

si. -iiuling.

M.

1st mtge. (R. & P.) Rochester to Salamanca , 108.41
Income 2d mtge., Rochester to Salamanca. . . 108.41
1st m. (Perry RR.) Silver L'ke Jc.to Silver Sp's 1 .03
Consol. 1st mortgage, Entire Road 261 .00

Feb. , 1881-1921
Feb. 1, 1881-1921
June 1, 1882-1902
Dec. , 187-2-1922
Sept. , 1887-1937
April , 1882-18M3
Jan. , 1884-1893
Nov. , 1886-1895
June 1, 1890-1900
Various.
Jan. l, 1889-1939

6p.c.

6 p. c.
7 p. c.
6 p. c.
5 p. c.
7 p. c.
7 p. c.
6 p. c.
5 p. c.
5 p. c.
5 p. c.

Feb. & Aug.
Feb. & Aug.
June & Dec.
Dec. & June.
Mar. & Sept.
April & .Oct.
Jan. & July
May & Nov.
June & Dec.
Various.
Jan. & July

1,300,000
1,870,000
20,000
6,500,000
10.000,000
497,000
164,000
193,000
225,000
295,500
350,000

1,300,000
1,870,080
20,000
3,920,000

42,000

225,'OOOJ

!v«J5,50Q'
350,000]

Gen. Mortgage (B., R. & P. RR.)

Car Trust Certificates, No. 2, payable $50,000 aim . .
Car Trust Certificates, No. 4, payable $14,000 aim . .
Car Trust Certificates, No. 5, payable $40,000 ami . .
Car Trust Certificates, No. 7, payable $25,000 ann . .
Bonds and Mortgage on Real Estate

1st mortgage Lincoln Park and Charlotte RR
Total

21,354,500

30,(>16,500i
l,Sti6,000!

Less? $1,862,000 in., and $4,000 Cons, in Tr.'s Hands.
Amount Outstanding as per Balance Sheet .

8,750,500!

i

Income bonds are non-cumulative ; interest payable yearly in February, if earned.

Since the close of the fiscal year there have been issued $117,000 5 per cent. $1,000 bonds under Car Tnutl
No. 8, dated June 1, 1891-1897, interest payable June and December.

The consolidated first mortgage bonds are limited in issue to $20,000 per mile of
pleted road. The mileage of the company would permit the issue of $5,220,000 (which in
eludes bonds provided by the mortgage to be issued on sidings in cities of Buffalo and Koch
ester, at the rate of $20,000 per mile), but of this amount $1,300,000 are held by the trustei
to cover the outstanding $1,300,000 first mortgage bonds on the Rochester Division. Of th»i
remaining $3,920,000 that could be issued, $935,000 were reserved to take up the $1,870,000 2c
mortgage bonds of the Rochester Division. Of this amount $931,000 have been issued, anc
$1,862,000 of the income bonds received by the trustees, making the actual amount of con
sols outstanding June 30, 1891, $3,916,000. Of the first consols $4,000 are still held by th<
trustee to redeem $8,000 outstanding income bonds.

The general mortgage bonds are secured by a mortgage upon the entire property of th
company. Of these bonds, $6,000,000, numbered from 1 to 6,000 both inclusive, are reserve*
to take up and cancel the following described obligations, the payment of which was assume
by the Buffalo, Rochester and Pittsburgh RR. Co. : $1,300,000 1st mortgage bonds, Rocheste
and Pittsburgh RR., due in 1921 ; $3,920,000 consolidated 1st mortgage bonds, Rochesteranj
Pittsburgh RR., due 1922 ; $760,000 car trust bonds, and $20,000 1st mortgage bonds. Terr
RR. due 1902. None of these general mortgage bonds, from 1 to 6,000, both inclusive, ni
be certified to by the Trust Co., or issued until an equal amount of the above described 8«|
curities have been cancelled and delivered to the Union Trust Co. The balance of t
being $4,00^, 000 of bonds, can be issued as required by the Buffalo. Rochester and Pit
Ry. Co. These bonds are coupon with privilege of registration, and are of the denominati"
of $1,000 each.

Preferred stock is entitled to annual dividends of six per cent, (non-cumulative)
common stock. Voting power attaches to stock after twenty days' ownership.

Common and preferred stock, $1,300,000 R. & P. 1st mortgage 6s, $3,920,000 H. &
consol 6s, and $2,871,000 B., R. & P. general 5s are listed on the New York Stock F
Annual meeting third Monday in November, at 36 Wall St., New York City. Books
annual meeting twenty days previously, and remain closed twenty-two days, lute;'
by Union Trust Co., New York City, trustee of bonds and registrar of stock.

PROPRIETARY LINES OF THE BUFFALO, ROCHESTER AND PITTSBURGH Ry.

BROCKWAYVII/LE AND PUNXSTJTAWNEY RAILROAD. I! n.ek way v
Punxsiitawney. 1'a., about ^55 miles. Rail (steel), 70 lb?. This road was leased October 6, 1SS:3, to the I.
and Pittsburgh RR. Co. for 99 years, for the sum of $1 per annum, the lessee to provide for tin- r
equipment, operation, and improvement of the road. Capital stock, $250,000, representing cost
company has been dissolved, and its charter rights surrendered November 27, 1891. Prior to Us dissolm
property, real, personal, and mixed, wherever situated, was conveyed to the Buflalo, Rochester and 1
Ry. Co.

POOR'S MANUAL OF RAILROADS. 93

LINCOLN PARK AND CHARLOTTE RAILROAD. -Lincoln Park, N. Y., to Charlotte, N. Y.,

) 89 niilrs. (;:iu_rt', 4 ft. 8j in. Kail (steel), 71 Ibs. Chartered December 1, 1888 ; road opened August 12, 1889.

itothe Buffalo, KorhesU-r and Pittsburgh RR. Co., which provides for maintenance, equipment, and oper-

<u> road, and also >:iiarumc¥es interest on bonds. Capital stock, §100,000 ; funded debt consists of $350,-

• rttraL'f ."> per out r>o year gold bonds, dated January 1, 1889, interest January and July ; advanced by B.

.Co., $sii.!(7'j.iti total, representing cost of road and equipment, $536,972.16. Interest payable at the

nion TruM Co., Ni-\v York, X. Y.

PERRY RAILROAD. -Silver Spring. X. Y.. to Silver Lake Junction, N. Y..1.03 miles— total track,
27mik-s. Kail, 70 Ibs. Chartered May ;». iss-J ; road opened August, 1884. Built by the Rochester and Pitto-
irijh KR. Co. and merged into the Buffalo, Rochester and Pittsburgh Ry. Co., which owns the entire capital
ock. Capital stock (authorised, S'-'UXK)) paid in, $8,253.53 ; funded debt, $20,000 first mortgage 7 per cent. 20-
:s, dated Juno 1, 1S82, guaranteed by the R. & P. RR. Co. ; interest payable June 1,— total stock and
>nds. representing cost of road, $28,25:15-3.

Board of Directors, B. R. & P. Ry. Co., elected November 16, 1891.

rederick A. Bell. . . .Buffalo, N. Y.
3. Bisst'll....

?orpt' II. Lewis "

rthur (r. Yates.. .Rochester, N. Y.

Fred A. Brown.... New York, N. Y. I W. H. Peckham..New York, N. Y.

Walstou H. Brown u " W. Emlen Roosevelt "

Adrian Iselin, Jr.. " " J. Kennedy Tod.. "

W. A. Wilbur. . .So. Bethlehem, Pa. | R. M. Guinmere.So. Bethlehem, Pa.

Edward N. Gibbs Norwich, Conn.

ARTHUR G. YA.TES, President Rochester, N. Y.

William A. Baldwin, Vice-President and Gen. Manager.. .
rf- A#st. Treas — John H. Hocart.New York, N.Y. | Auditor and Treas.—John F. Dinkey. .Rochester, N.Y.

PRINCIPAL OFFICE AND ADDRESS . . .Rochester, N. Y.

Financial Office and Transfer Agency 36 Wall St., New York City.

BUFFALO RUN, BELLEFONTE AND BALD EAGLE RAILROAD CO.

Lino of Road.— Bellefonte, Pa., to State College 23.2 miles.

jtal track, 27.59 miles. Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs.

History. — Chartered and road opened in 1886.

Rolling Stock, June 30, 1891. — Locomotive engines (1 leased), 2. Cars — passenger, 2;
x. 1 ; others, "22 — total, 25. Also 25 leased coal cars.

Operations for year ending June 30, 1891. — Train mileage not reported. Passengers car-
id, 15,558. Tons freight moved, 178,939. Earnings— passenger, $4,602.53 ; freight, $34,-
9.87 ; other, $1,214.98— total, $39,947.38. Operating expenses, $26,178.27. Net earnings,
3.7IJ1M1. Sundry payments, $13,769.11.

Financial Statement, December 31, 1888 (latest furnished). — Capital stock (authorized,
00,000 ; par, $50), $388,050 ; 1st mortgage 6 per cent, registered $1,000 bonds, due July 1,
15, $364,000 ; unfunded debt, $36,996.65— total, $789,046.65, representing cost of road, etc.

Annual meeting, first Tuesday in January, at Bellefonte, Pa. Trustee of bonds, Fidelity
surance, Trust and Safe Deposit Co., Philadelphia, Pa.

Directors.— J. S. Kurtz. Adolph Loeb, Thomas A. Shoemaker, P. Gray Meek, John G.
>ve, \V. H. Crissman, Bellefonte, Pa. ; W. H. Hollis, Jas. P. Scott. John Reilly, Philadel-
ia, Pa.; J. K. McLanahan, Hollidaysburgh, Pa. ; P. Collins, Edinburgh, Pa.

JOHN REILLY, President Philadelphia, Pa.

•ry and Treat:.— J. L. Kurtz Bellefonte, Pa. | General Supf.—Thos. A. Shoemaker Bellefonte, Pa.

PRINCIPAL OFFICE AND ADDRESS Bellefonte, Pa.

BURLINGTON AND NORTHWESTERN RAILWAY COMPANY.

Line of Road,— Mediapolis, la., to Washington, la 38.73 miles.

lings, etc., 3.48 mile?. Gauge, 3 ft. Rail, iron, 35 ; steel (7.97 miles), 52 and 56 Ibs.
History.— Organized March 3, 1875 ; and road opened throughout January 4, 1880. By
is of a third rail trains are run over the Burlington, Cedar Rapids and Northern RR.
ween Mediapolis and Burlington, 13.77 miles, making total operated 52.50 miles.
Rolling Stock, June 30, 1891. — Locomotive engine.-, 5. Cars — passenger, 3 ; baggage,
1, and expres?, 4 ; freight (box, 101 ; platform, 8 ; stock, 11), 120 ; other, 1— total,^128.
Operations for year ending June 30, 1891.— Train mileage— passenger, 11,672 ; freight
1 mixed, 11,502— total, 23,174 miles. Passengers carried, 34,664 ; carried one mile, 254,-

94 POOR'S MANUAL OF RAILROADS.

310; average mile rate, 5.57 cents. Earnings— passenger, $14,171.85 ; freight, $49,513.22 :
mail and express, $3,816.83— total ($1,285.75 per mile), $67,501.90. Operating expanses
($879.71 per mile), $46,184.54. Net earnings (31.58 per cent.), $21,317.36. Payments : Inter-'
est on bonds, $16,400 ; on debt, $963.55 ; rentals leased lines. $4,348 ; other payments, $2,-'
889.20— total, $24,600.75. Deficit, $3,283.39 ; deficit from last year, $99,635.13— total def-|
icit, $102,918.52.

Financial Statement, June 30, 1891.— Capital stock, $156,900 ; funded debt, $220,000 ;;
current accounts, $11,758.65; matured coupons, $133,904; bills payable, $29,217.10; other
liabilities, $38,663.54— total, $590.443.29. Contra : Cost of road, $337,887.95 ; rollim
$84,378.01; securities owned, $100; materials and fuel, $11,201.63; accounts and
$51,389.62 ; bills receivable, $1,172.10 ; cash, $1,395.46 ; profit and loss, $102,918.52— total
$590,443.29.

Funded debt consists of 1st mortgage 7 per cent. 10-year coupon bonds, due August 1.
1889, interest February and August, $120,000, and 2d mortgage 8 per cent, coupon bonds
due August 2, 1886, interest payable May and November, $100,000.

Annual meeting1, third Wednesday in June, at Burlington, la. Interest on bonds payj
able at company's office, Burlington, la. Trustees of bonds, Lyman Cook and T. W. Barhydtj
Burlington, la.

Directors (elected June 17, 1891).— Lyman Cook, W. W. Baldwin, T. W. Barhydt, Johr
T. Remey, C. P. Squires, H. C. Garrett, J. W. Blythe, H. B. Scott, Burlington, la.; Normaij
Everson, Washington, la.

T. W. BARHYDT, President Burlington, la.

John T. Remey, Vice- President Burlington, la.

Secretary and Treasurer— R. M. Green.. Burlington, la. | Chf. Clk. Acct. Dep.—K. M. Boden ....Burlington, Ia|

PRINCIPAL OFFICE AND ADDRESS Burlington, la.

BURLINGTON AND WESTERN RAILROAD COMPANY.

Main Line of Road.— Winfield, la., to Oskaloosa, la 70.70

Trackage : Burlington & N. W. RR. : Burlington to Winfield, la 33.80— 1C4.50 miles!

Sidings, 3 miles. Gauge, 3 ft. Rail, 35 Ibs. per yard.

History, — Chartered June 7, 1881 ; road opened throughout in December, 1883. Ti:
road was formerly opeiated by the Burlington and Northwestern RR. Co.

Rolling Stock, June 30, 1891. — Locomotive engines, 4. Cars — passenger, 4 ; bai
mail, and express, 2 ; freight (box, 118 ; platform, 74 ; stock, 22 ; coal, 55), 269— total, 275|

Operations for year ending June 30, 1891. — Train mileage — passenger, 68,841 ; freiglr
and mixed, 73,662— total, 142,503 miles. Passengers carried, 24,262 ; carried one mile 4",;
773 ; average mile rate, 2.77 cents. Earnings— passenger, $13,455.28 ; freight, $53,434.19 j
mail, $3,721.66; express, $1,699.92; miscellaneous, $123— total ($693.15 per mile
434.05. Expenses — transportation, $34,179.70; maintenance of cars, $12,523.42; maintej
nance way and buildings, $20,154.46 ; general, $5,937.86— total ($696.61 per mile), $72,795.5(1
Deficit on operation, $361.45. Other charges : Interest on bonds, $39,984 ; taxes, $1,976.90-!
total, $41,960.90. Total deficit for year, $42,322.35. Deficit from last year, $264,343.05;
Deficit as per general balance sheet. $306, 66"). 40.

General Balance Sheet, June 30, 1891.

Cost of Road $1,351,631 57 Capital Stock S-

Funded Debt 571,201 2

Bills Payable 85.321

Current Accounts

Profit and Loss 306,665 40 j Unpaid Coupons 259,8<

Miscellaneous Receipts 8,634

Total Assets $1,787,884 04 Total Liabilities $1,787,884 (j

Funded debt consists of first mortgage 7 per cent. 25-year bonds, due August 1, 11
interest payable February and August. Animal meeting, third Wednesday in June, at B
lington, la.

Cost of Rolling Stock 119,216 52

Bills and Accounts Receivable 3,843 59

Cash on Hand... 6,52696

POOR'S MANUAL OF RAILROADS. 95

Directors (elected June 17, 1891).— T. W. Barhydt, C. P. Squires, Lyman Cook, J. W.
Ely the, H. B. Scott, Burlington, la.

'I1. W. BARHYDT, President Burlington, la.

C. P. Squires, Vice-President Burlington, la.

v and Trfaf>irer—R. M. Green.. Burlington, la. | Cfif. (.'Ik. Acct. Dep. — K. M. Boden Burlington. la.

PRINCIPAL OFFICE AND ADDRESS Burlington, la.

CALIFORNIA AND NEVADA RAILROAD COMPANY.

j I Oakland, Cal., east to a point 4 miles beyond San Pablo, Cal . .22.0 miles.

Koad. -jorinda Park, Cal., to Bryant, Cal 2.5 miles.

Sidings, 0.5 mile. Gauge, 3 ft. Rail, 35 Ibs.

History. — This road is projected from Oakland, Cal., eastward to Bodie. In 1884 con-
traction was begun, and toward the close of that year the line was completed from Oakland
o San Pablo, and formally opened in March, 1885. The extension from Orinda Park to
3ryant was built in 1891. At that point work was temporarily suspended. Road now in
••ontractor's hands. No operations other than transportation of construction materials. No
nformation as to equipment or financial condition is obtainable.

Directors.— J. S. Emery, E. A. Phelps, M. J. Loefler, Robert Doble, G. W. Schell, J. J-
Hcrivener, Abner Doble.

J. S. EMERY, President Oakland, Cal.

Abner Doble, Vice- President San Francisco, Cal.

Treat.— E. A. Phelps San Francisco, Cal. | Chief Engineer— L. Benaike Oakland. Cal.

PRINCIPAL OFFICE AND ADDKESS 319 Pine Street, San Francisco, Cal.

CALIFORNIA SHORT LINE RAILWAY COMPANY.

Line of Road. — Draper, Utah, to Chester, Utah 8 miles.

History. — This road is projected to run from Draper to Manti, Utah, and ultimately
arough Nevada into California. Eight miles of track as above were laid, and 12 miles addi-
lonal graded at the close of the year 1885. Capital stock authorized, $16,000 per mile ;
anded debt, $56,000 six per cent, bonds, due January 1, 1905, interest January and July
mtliorized issue, $8,000 per mile). No information as to equipment or operations obtainable.

Directors.— Josiah Barnett, Allan G. Campbell, C. W. Bennett, John A. Groesbeck, W.
. McCornick, J. E. Bamberger, Salt Lake City, Utah.

JOHN A. GROESBECK, President Salt Lake City, Utah.

J. E. Bamberger, Vice- President Salt Lake City, Utah.

rrtasurer— W. S. McCornick Salt Lake City, Utah. | General Manager— Theo Bruback.Salt Lake City,Utah.

PRINCIPAL OFFICE AND ADDRESS Salt Lake City, Utah.

CAPE FEAR AND YADKIN VALLEY RAILWAY COMPANY.

Main Line of Road.— Wilmington, N. C.? to Mount Airy, N. C 248.28 miles.

<ayettexille Branch : South Carolina State Line to Fayetteville, N. C. . .46.75

lamteurs Branch : Factory Junction, N. C., to Ramseurs, N. C 18.74

Uadison Branch : Stokesdale, N. C., to Madison, N. C 11.39

franitc Branch : Mount Airy, N. C., to Granite, N. C 2.02— 78.90 miles.

-eased : South Carolina Pacific Ey. : So. Carol. State Line to Bennettsville, S. C. 10.50 miles.

Total length of all lines operated, June 30, 1891 337.68 miles.

Average number of miles operated during the fiscal year 335.66 miles.

•idings, etc., 24.43 miles. Gauge, 4 ft, 9 in. Rail (steel, 316.79 miles), 50 and 56 Ibs.

History.— Reorganization, April 3, 1879, of the Western RR. Co. of North Carolina.
;ee MANUAL for 1891.)

Rolling Stock, June 30, 1891. — Locomotive engines, 24. Cars — passenger, 18 ; baggage,

96 POOKAS MANUAL — CAPE FEAR AND YADKIN VALLEY RY. CO.

mail, and express, 6; freight (box, 310 ; platform, 282; stock, 20; caboose, 11), 623; other
cars, 9— total cars, 656. Company also owns 1 steam ferry-boat, 4 lighters, and 2 car floats.
Operations for year ending June 30, 1891.— Train mileage — passenger, 173,406 ; freight,
224,901 ; mixed, 75,490 ; other, 132,592— total, 606,389 miles. Passengers carried, lf>;,<>4<.» :
carried one mile, 7,147,260; average mile rate, 1.99 cents. Tons freight moved, 2 .-
moved one mile, 21,545,130 ; average ton-mile rate, 1.91 cents.

Earnings.— Passenger $143,161 09

Freight 412,054 29

Mail and Express 28,792 88

Miscellaneous. . . 5,821 39

Total ($,1757.22 per mile) $589,829 65

Expenses.— Transportation $173,943 29

Motive Power and Cars 41,191 Ifl

Maintenance Way and Buildings 97,901 67
General 37,335 M

Total ($1,043.83 per mile) $350.:

Net earnings (40.59 per cent.), $239,458.29. Payments : Interest on bonds, $183,240
rental, S. C. P. Ry., $6,276; taxes, $11,912.49— total, $201,428.49. Surplus, $38,029.80.
General Balance Sheet, June 30, 1891.

Cost of Road, Real Estate, etc $6,764,428 36

Cost of Rolling Stock 475,526 60

Materials and Fuel on Hand 15,861 65

Cash on Hand 114,147 85

Current Accounts ... 57,791 53

Total Assets $7,427,755 99

Capital Stock (par, $100) $1,972,6-12 8<:

Funded Debt Outstanding 4,907,700 0

Current Accounts ... 34,267 6!'

Other Liabilities ' 84,433 Ot|

Profit and Loss . . 428,

Total Liabilities $7,427,71

Funded debt consisted, June 30, 1891, of —

1st mtge. 6 percent. 30-year $1,000 coupon bonds (Series A), dated June, 1886, interest June and Dec. . .$1,500,00
1st mtge. 6 per cent. 30-year $1,000 coupon bonds (Series B), dated June, 1886, interest June and Dec.. .
1st mtge. 6 per cent. 30-year $1,000 coupon bonds (Series C), dated June, 1886, interest June and Dec. . .
Con. mtge. 6 per cent. 30-year $1,000 coup, or reg. bonds, due Oct. 1, 1919, int. April and Oct., if earned. 1,853,70

Series " A" bonds are a first lien upon that division of the road from Greensboro' to tli
South Carolina State Line, 150 miles ; and a second lien, in common with Series " C" bonds]
upon that division from Greensboro' to the Virginia State Line, near Mount Airy, and ij
common with Series "B " bonds upon that division from Fayetteville to Wilmington.

Series " B " bonds are a first lien upon that division of the road from Greensboro1 to tli
Virginia State Line near Mount Airy, 76.4 miles ; and a second lien, in common with Sri it
"C" bonds, upon that division from Greensboro' to the South Carolina State Line, and i
common with Series " A" bonds upon that division from Fayetteville to Wilmington.

Series "C" bonds are a first lien upon that division of the road from Fayetteville t
Wilmington, 82 miles ; and a second lien, in common with Series " B " bonds, upon that div
sion from Greensboro' to the South Carolina State Line, and in common with Series " A r
bonds upon that division from Greensboro' to the Virginia State Line near Mount Airy.

The North State Improvement Co., which owns the railroad, holds the entire amount <
consols outstanding, and it is understood that no part of the interest on these bonds is to t
paid till the earnings are sufficient to pay the entire amount.

Interest payable at Farmers' Loan and Trust Co., New York, N. Y. Capital stock autl
orized, $3,000,000; paid in (as above), $1,972,642.86. Voting power attaches to stock cr
thirty days' ownership. Annual meeting, first Thursday of October ; books close thirty da;,
previously. Trustee of bonds : Fanners' Loan and Trust Co., New York, N. Y. Bonds listt;
on Baltimore Stock Exchange.

SOUTH CAROLINA PACIFIC RAILWAY.— North Carolina State Line to Beunettsvil!.
10.50 miles. Sidings, etc., 1.34 miles. Rail (steel), 50 Ibs. Chartered February 9, 1882 ; road opened I).
1884. Leased January 8, 1885, to Cape Fear and Yadkin Valley Ry. Co., for 30 years from date of compleo
rental, interest on bonds. Capital stock, $100,000 ; funded debt, $104,600 1st mortgage 6 per cent. 80-year IK
due October 1, 1914, interest April and October, first coupon payable April 1, 1886— total stock and bond
senting cost of road, $204,600. Interest payable at Bennetts ville, S. C., or at Fourth National Bank, New \oi
N. Y. W. A. LASH, President, Greensboro1, N. C.; C. S. McColl, Secretary, BennettBville, S. C.
Board of Directors, C. F. & T. V. Ry. Co., elected October 2, 1891.

K. M. Murchison..New York, N. Y.

Chas. P. Stokes Richmond, Va.

.J. E. Gilmer Winston, N. C.

W. A. Moore Mount Airy,

W. A. Lash Walnut Cove, N. C.

J. T. Morehead . . . Leakesvillc,
R. Percy Gray. . .Greensboro1,
D. W. C. Benbow "

J. D. William-.. . Fayetteville, N.

Robert T. Gray Raleigh, '

G. W. Williams.. Wilmington. '
E. J. Lilly Fayetteville, '

W. A. LASH, President Greensboro', N. C.

Treasurer— James R. Williams Fayetteville, N. C. I General Manager— 3. W. Fry Greensboro', N

Secretary-John M. Rose «• " I Auditor— II. W. Bidgood Fayettevi 1 U>. ?

PRINCIPAL OFFICE AND ADDRESS Fayetteville, N. C.

I

American Ban^ Note ComPany'

78 TO 86 TRINITY PLACE, NEW YORK.

BUSINESS FOUNDED, 1795. — INCORPORATED UNDER LAWS OF STATE OF NEW YORK, 1858. — REORGANIZED, 1879

ENGRAVERS * PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange, Letter Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IN THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES.

WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING.

Special papers manufactured exclusively for use

of the Company.

SAFETY COLORS. - - SAFETY PAPERS.

WORK EXECUTED IN FIRE-PROOF BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,

AND

ILLUMINATED SHOW CARDS

OF THE MOST APPROVED STYLES.
NUMBERED, LOCAL AND COUPON TICKETS, of any Size, Pattern, Style, or Device with Steel Plate Tints.

LITHOGRAPHIC AND TYPE PRINTING,

SHOW CARDS, LABELS, CALENDARS.

Blank: Bookis of Kver^r Description.

TRUSTEES :

JAMES MACDONOUGH, PRESIDENT.

AUG. D. SHEPARD,— VICE-PRESIDENTS— TOURO ROBERTSON.

THEO. H. FREELAND, SECRETARY & TREASURER.
JNO. E. CURRIER, ASST. SECRETARY. J. K. MYERS, ASST. TREASURER.

P. C. LOUNSBURY, JOS. S. STOUT, J. B. FORD,
T. H. PORTER, W. J. ARKELL, E. C. CONVERSE ELLIOTT F SHEPARD.

The Tradesmens National Bank

OF THE CITY OF NEW YORK.

Organized as a State Bank, 1823. Under National Act, 1865.

CAPITAL, $750,000.00

UNDIVIDED PROFITS, MAY 17th, 1892, - - 208,219.28

Broadway, Cor. Reade Street.

JAMES E. GRANNISS, President. LOGAN C. MURRAY, Vice-Pres't.
OLIVER F. BERRY, Cashier.

DIRECTORS :

George Starr, James E, Granniss, Logan C. Murray,

Elliot L. Butler, F. S. M. Blun, Thomas B. Kent,

Julius Kaufmann, James R. Pitcher, John A. Tweedy,

Henry Campbell, Joseph T. Low, Henry C. Berlin.

Oliver "F. Berry,

Receives Accounts of Banks, Bankers, Corporations and Firms on favor-
able terms, and will be pleased to correspond with those who contemplate
making change or opening new accounts.

SAMUEL H. BARROWS,

34 NEW STREET, NEW YORK,

All Classes of Railway
Bonds ancTStocks.

CORRESPONDENCE SOLICITED.

The Securities of Municipalities are growing in popularity as in-
vestments. Intending or actual investors who desire to learn the
financial condition of any city, town, county or State, should sub-
scribe for Poor's Handbook of Investment Securities; price $4.OO.
Published at 7O Wall St., New York.

POOR'S MANUAL OF RAILROADS. 97

CAPE MAY AND SEWELL'S POINT RAILROAD COMPANY.

Line of Koad.— Cape May Point, N. J., to Sewell's Point, X. J 3.25 miles.

,) fe-ot. Gauge, 4 ft, 8.V in. Rail (steel), 45 Ibs.

History. — Chartered September 3, 1880 ; road opened June 17, 1881. It is operated only

i he summer months. The receiver, in a report submitted to the MANUAL, under date

her 2, 1891. states that the Cape May and Sehellinger's Landing road is not now and

lever has been operated by the Cape May and Sewell's Point RR. ; that he has no knowledge

-iiore RH. ; and that the company never had any freight cars, and has only two

;mall motors and four open passenger cars. The road is leased by the receiver to J. Henry

Edmunds of Cape May, X. J.

Financial Statement, June 30. 1891.— Capital stock (par, $15), $39,000 : funded debt,
st mortgage 6 per cent. 30-year $100 and $500 coupon bonds, due May 1, 1906, interest
•arable May and November, $29,000— total. £68,000. Cost of road, etc., to December 31,
889,. $41, 228. 67.

Annual meeting, first Monday in November, at Camden, X. J. Trustee of bonds :
'amden Safe Deposit and Trust Co.

Directors. — Floranc F. Hogate. W. J. Sewell, Joseph E. Roberts, Camden, X. J. ; Peter
V. Wiltbank, Atlantic City, X. J. ; J. Henry Edmunds, Joseph H. Hanes, Cape May. X. J. ;
'harles W. Matthews, Philadelphia. Pa.

JOHN J. BUKLEIGH, Receiver Camden, N. J.

F. F. HOGATE, President and General Manager Camden, X. J.

T. P. Varuey, Secretary Camdeu, N. J.

PRINCIPAL OFFICE AND ADDRESS W. J. RR. Building. Camden, X. J.

CAROLINA CENTRAL RAILROAD COMPANY.

Line of Road.— Wilmington, X. C., toRutherfordton, N. C. (owned, 264.60 m). .267 miles,
idings, etc., 21.60 miles. Gauge, 4 ft. 9 in. Rail (steel, 188 miles), 40 to 56 Ibs.

History.— Reorganization after foreclosure sale, May 31, 1880, of the Carolina. Central
y. Co. (See MANUAL for 1890.) This company is controlled by the Seaboard and Roanoke
ad Raleiirh and Gastou RR, Cos.

Rolling Stock, June 30, 1891.— Locomotive engines, 24. Cars— passenger, 14 ; combi-
ition, 3 ; baggage, mail, and express, 5 ; freight (box, 250 ; platform, 126 ; stock, 10 ;
boose, 25), 411 ; other, 1— total cars, 434.

Operations for year ending June 30, 1891.— Train mileage— passenger, 198,756 ; freight,
'3.544 ; mixed, 117,062 ; other, 131.935— total, 641,297 miles. Passengers carried, 159,633 ;
rried one mile, 5,056,568 ; average mile rate, 2.75 cents. Tons freight moved, 222,944 ;
oved one mile, 15,841,792 ; average ton-mile rate, 2.74 cents.
rmings.— Pa*sen?er $138,911 13

Freight 433,640 84

Mail 20,178 48

Express 7,866 78

Miscellaneous 2,861 14

Total ($2,260.14 per mile) .$603.458 37

Expoisses. — Transportation $176,738 2n

Maintenance of Equipment 57,908 93

Maintenance Way & Structures. 141,434 92

General 51,392 87

Taxes 13,04057

Total ($1,649.87 per mile) .$440,515 54

et earnings (27 per cent.), $162,942.83 ; add other receipts, $10,893.25— total available
5, $173,836.08. Payments : Interest on bonds, $140,472.50 ; on debt, $7.318 23 • other
*ts, $616.20— total, $14^,406.93. Balance, surplus, $25.429.15. Deficit from' last year,

Deficit as per balance sheet, $90,070.06.

Financial Statement, June 30, 1891.— Capital stock, $1,200.000 ; funded debt $4 700 -
s payable, .$168,064.67 ; current accounts, $56.684.36 ; interest on funded debt'
otal, $6,184,749.03. Contra: Cost of road, $5.587,207.19 ; cost of rolling stock'
real estate, etc., $34,817.91 ; materials, $16,561.14; accounts, $101,56819-
-17 ; profit and loss, $90,070.06— total, $6,184,749.03.
7

98

POOR S MANUAL OF RAILROADS.

Statement of earnings and expenses for eight fiscal years :

1884 1885

1886

1887

1888

1889

1890

1891

Mar. SI. Mar. 31.

Mar. 31.

Mar. 31.

Mar. 31.

June 30.

June 30.

Ju lie 30.

$ $

S

1

$

$

S

1

Gross Earnings.

.V>:>.2?'5 528,122

477,484

500. 26< <

527,199

562 296

545 734

,,,:' . _

Operating Expenses
Net Earnings

49CUJ77 456.401

151,'752

316,493
183.773

369,306
157,893

405.207
157,089

392,736
153,048

1J( ).5!.-,
162 !'l::

Gross Earnings per Mile. . .
Gross Expenses per Mile. . .
Net Earnings per Mile
Expenses to Earnings

2,394551' 2,18232

2,028 83 j 1,885 90
265 70 296 36
88. 42 p. c. 86. 42 p. c.

1,97308
1,846 00
62708
68. 22 p. c.

2,067 21
1,307 82
759 39
63. 17 p. c.

1,974 53
1,38691
587 62
70. 05 p. c.

2,10598
1,51763
r,ss 35
72. 06 p. c.

2,044 14
1.470 92
573 22
71. 96 p. c.

2.3M14
1 .1,49 NT
610 W
73. 00 p. c.

Statement of funded debt, June 30, 1891 :

1st mortgage 6 per cent, coupon $1,000 bonds, due July, 1920, int. Jan. and July (authorized. $2.000,000) $2,000,000

2nd mortgage non-cumulative income 6 per cent, registered $1,000 bonds, due July, 1915 l,20n.i;0<)

3d mortgage non-cumulative income 6 per cent, registered $1,000 bonds, due July, 1910 l,:,i

In addition to the above the company guarantees jointly with the Wilmington, Colum-
bia and Augusta RR, Co., and the Wilmington and Weldon RR. Co.— C. C. RR, Co., i ; W.
C. & A. RR. Co., \ ; and W. & W. RR. Co., \ — principal and interest on $212,000 first mort-
gage and $46,000 second mortgage bonds of Wilmington Railway Bridge Co. These firsts
are payable by installments in 1881 to 1897. The seconds were issued in October, 1888, and
the proceeds applied to rebuilding the Cape Fear River Bridge. They bear 5 per cent, inter-
est, payable April and October, and are due $80,000 on October 1, 1898, and $16,000 Oct. 1.1899.
Since October 1, 1891, the amount of 1st mortgage bonds of the Wilmington Ry. Bridge
has been reduced to $186,000.

Until 6 per cent, is paid on 2d mortgage income, no interest is payable on 3d mortgage
income bonds. All securities are payable, principal and interest, in gold coin, in New York.

Annual meeting, first Tuesday after first Monday in October, in New York City or Wil-
mington, N. C. Books close 30 days prior to meeting. Voting power attaches to stock after
30 days' ownership. Interest payable at the National Farmers' and Planters' Bank, Balti-
more, Md., and their correspondents in New York and Philadelphia. Trustee of bonds : 1st
mortgage, Farmers' Loan and Trust Co., New York ; 2d mortgage, Union Trust Co., New
York; 3d mortgage, C1. H. Roberts and J. Brander Matthews. First mortgage bonds on
special list of New York Stock Exchange. Registrar of stock, John H. Sharp, Wilmini."
N. C.

Directors (elected October 8, 1891). — John M. Robinson, R. C. Hoffman, J. L. Minis, John
Gill, Baltimore, Md. ; John C. Winder. R. S. Tucker, Raleigh, N. C. ; W. W. Chamberlaine.
Portsmouth, Va. ; C. H. Roberts, Oaks, Ulster Co., N. Y. ; J. Augustus Johnson, New York,
N. Y. ; Isaac Bates, Wilmington, N. C. ; D. W. Oates, Charlotte, N. C.

JOHN M . ROBINSON, President Baltimore, Md.

R. C. Hoffman, Vice-President Baltimore, Md.

Secretary <k Treasurer— John II. Sharp. Wilmington, N. C. | Gen. Auditor— A. J. Howell Wilmington, N. <

PRINCIPAL OFFICE AND ADDRESS Wilmington, N. r.

CAROLINA MIDLAND RAILWAY COMPANY.

39

Line of Road. — Barnwell, S. C., to Seivern Junction, S. C
Sidings, 2 miles. Gauge, 4 ft. 9 in. Rail (steel, 35 miles), 56 Ibs.

History. — Consolidation, May 15, 1891, of the Blackville, Alston and Newberry Kit. (
and the Barnwell Ry. Co. In the consolidation holders of Barnwell stock received share f<
share in consolidated stock, and holders of Blackville, Al.-ton and Newberry stock n
one share for every three ; one hundred shares of Barnwell stock, however, was authorize
to be cancelled by consent of the owners. (See MANUAL for 1891.)

Rolling Stock, June 30, 181)1. Locomotive engines, 4. Cars — passenger, 3 ; freigl
(box, 10 ; platform, 15), 25— total, 28.

Operations for year ending June 30, 1891.— Train mileage— passenger, 28,676 ; fre

POOR'S MANUAL OF RAILROADS. 99

;!.«i M» ; mixed, 23,788 ; other, 8,150— total, 64,214 miles. Passengers carried, 23,548 ; carried
one mile, '296,705 ; average mile rate, 3.81 cents. Tons freight moved, 37,457 ; moved one
mile, 503.653 ; average ton-mile rate, 8.98 cents. Earnings — passenger, $11,303.65 ; freight,
>;.28; mail, $1,966.53 ; express, $1,048.74 ; miscellaneous, $1,554.48— total ($1,566.91
per milt-), $61,109.68. Operating expenses ($807.39 per mile), $31,487.23. Net earnings
>er cent.), $29,622.45. Payments: Interest on bonds, $12,080; on debt, $1,098.30 ;
*-2. 468.53 ; other, $108.89— total, $15,755.72. Surplus, $13,866.73, expended for con-
struction and other purposes.

Financial Statement, June 30, 1891.— Capital stock, $540,000 ; funded debt ($90,000 1st

tire Barnwell Ry. 6 per cent. $1,000 coupon bonds, dated March 30, 1883, due January

1, 1913, interest payable January and July ; $113,000 B., A. & X. RR 1st mortgage 6 per

jD-year $500 coupon bonds, due February 15, 1908, interest payable February and

August), $203,000— total stock and bonds, $743, OuO.

Annual meeting, third Wednesday in June, at Black ville, S. C. Voting power attaches
to stock immediately upon transfer. Interest payable at the Bank of Charleston, Charleston,
.S. C. Trustees of B., A. & N. RR. 1st mortgage bonds : F. W. Wagener, Rudolph Siegling,
Charleston, S. C.; Henry Offerman, New York, N. Y.

Directors (elected June 17, 1891).— George A. Wageuer, H. F. Bremer. A. S. J. Perry,
'Charleston, S. C. ; Mike Brown, Barnwell, S. C.; D. H. Sally, Salleys, S. C.

GEORGE A. WAGENER, President Charleston, S. C.

Mike Brown, Vice-President and Treasurer Barnwell, S. C.

• , <n,fl A'.id.— H. R. Walker Barnwell. S. C. j Gen. Superintendent— J. C. Keys Blackville. S. C

PRINCIPAL OFFICE AND ADDRESS Charleston, S. C.

Transfer Office . . . .Barnwell, S. C.

CARSON AND COLORADO RAILROAD COMPANY. (In Progress.)

Main Line of Road. — Mound House, Nev., to Candelaria. Nev 158.00

'Jottomcood Erancli : Hawthorne to Cotton wood, Nev 7.25

& C. RR.. 2d Division : Junction, Nev.. to Cal. State Line 34.00

RE.. 3d Division : Nevada Line to Keeler, Cal 108.00—307.25 miles

hidings, etc., 9.3 miles. Gauge. 3 ft. Rail (steel), 35 Ibs.

History.— Organized May 10. 1880 ; road opened to Candelaria in March. 1882 ; Cotton

>ood branch during the past year. The C. & C. RR., 2d Division, and the C. & C. RR., 3d

Mvision, are operated by this company under an agreement with the companies owning them.

Rolling Stock. — Locomotive engines, 8. Ca»s — passenger. 4; baggage, mail, and ex

4; freight (box, 58 ; platform, 97 ; ore, 23), 178; caboose. 2 ; other, 26— total. 214.
Operations for year ending June 30. 1891. — Tons freight moved. 66.934. Gross earn-

<528.408.71. Operating expenses, $211,410.93. Net earnings, $116,997.78.
Financial Statement, December 31. 1888 (latest furnished).— Capital stock ($2,370,000),
'25U.QOO ; funded debt, series A first mortgage 30-year 6 per cent, bonds, dated July 1,
; 881, interest January and July, $2,250,000. Contra: Cost of road, equipment and lands,
J stock and bonds issued, $4.500.000.

Directors.— H. M. Yerington, D. L. Bliss. D. A. Bender. \V. D. Tobey, Carson. Nev. ;
"hn Forbes. Hawthorn, Nev.; S. P. Smith, Sacramento, C&l.; Lloyd Te vis. San Francisco, Cal.

H. M. YERINGTON, President and General Superintendent Cnrson, Nev.

D. L. Bliss, Vice-P resident Carsou, Nev.

• '•— s- P. Smith Sacramento. Cal. I A*sl*tunt Sfcrrfan/—E. B. Yerington. . . .Virginia, Nev.

F. ,t- /'. A.—D. A. Bender Carson, Nev. | Amlltor—G. T. Mills Carson. Nev

PRINCIPAL OFFICE AND ADDRESS . .Carson. Nev.

CARTHAGE AND ADIRONDACK RAILWAY COMPANY.

Line of Road.— Carthage, N. Y., to Benson Mines. N. Y 43 mile?

ings, 5.40 miles. Gauge, 4 ft. 8| in. Rail (steel), 60 Ibs.
History.— Chartered March 28, 1883 ; road opened throughout on August 22, 1889.

100 POOR'S MANUAL OF RAILROADS.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger. 1 ; ba^_
mail, etc., 1 ; freight (box, 10 ; platform, 09 ; caboose, 2), 81 ; other cars, 1 — total cars, 84.

Operations for year ending June 30, 1891. — Train mileage — passenger, 35,259; freight,
13,309 ; mixed. 22,815— total, 71,383 miles. Passengers carried, 45,585 ; carried one mile,
809.134 ; average mile rate, 2.88 cents. Tons freight moved, 105,614 ; moved one mile.
3,116,483: average ton-mile rate, 2.56 cents. Earnings — passenger, $23,291.80; freight.
$79,667.60; mail, $1,216.71; express, $512.13; miscellaneous, $382.06— total ($2,443.50
mile), $106,070.30. Expenses — transportation, $21,868.73; motive power, $1,507.80; main-
tenance of cars, $4.012.27; maintenance way and buildings, $14,558.12; general. ss.2W>.r,7
—total ($1,167.76 per mile), $50,213.49. Net earnings (52.21 per cent,), $54,856.81. Pay-
ments : Interest on bonds, $55,440; interest on debt, $5,231.68; taxes, $4,179.39—1
$64,851.07. Balance, deficit, $9,994.26. Deficit from last year, $88,610.58. Net defid
per general balance sheet, less credit to profit and. loss ($75). $98,529.84.

Financial Statement, June 30, 1891.— Capital stock, $500,000; funded debt, $924,000;,
bills payable, $86,000; current accounts, $186,672.30; interest due and accrued, $11.5;!5—
total liabilities, $1,708,207.30. Contra : Cost of road, $1,427,763.02 ; cost of rolling stock.
$20,919.68; materials and fuel, $2,970.55; bonds in treasury. $29,000; current accoi
$2,267.86; cash, $50,256.35; profit and loss, $98,529.84; sales of bonds, $76,500— total
assets, $1,708,207.30.

Funded debt consists of $771,000 ($800,000 authorized) first mortgage 6 per cent. 40-year j
$1,000 bonds, due May 1, 1923, interest payable May and November ; and $153,000 ($80n
authorized) second mortgage 6 per cent. 35-year $1,000 bonds, due February 1, 1925, inr<
payable February and August. Interest on 1st mortgage bonds is guaranteed by the y
netic Ore Co. Since close of fiscal year this road has been sold to the N. Y. C. & H. R. RK.

Annual meeting, first Wednesday in January, at 160 Broadway, New York City. Interest
payable at the office of the financial agent and trustee of bonds, Fidelity Insurance, Trust
and Safe Deposit Co., Philadelphia, Pa.

Directors (elected January 1, 1891). — Thomas P. Fowler, John Greenough, S. Q. Brown.
Randolph Parmly, E. K. Sibley, D. D. Family, W. S. Benson, R. D. Benson, Andrew S potts,
New York, N. Y. ; Henry Whelen, John B. Garrett, Philadelphia, Pa. ; John Taylor, R. H.
Sayre, Bethlehem, Pa.

E. K. SIBLEY, President New York, N. Y.

Sec. and Treas-— Andrew Spotts New York, N. Y. | Auditor— W '. S. Allen C'arth;

GENERAL OFFICE Carthage, N. Y.

Executive and Transfer Office 160 Broadway, New York City.

CATASATJQTJA AND FOGELSVILLE RAILROAD COMPANY.

Main Line of Road.— Catasauqua, Pa,, to Rittenhouse Gap, Pa 27.30 mile;-

Sidings, 4.4 miles. Gauge, 4 ft. 8£ in. Rail (steel, 16 miles), 50 Ibs.

History.— Chartered April 5, 1853 ; road opened July, 1857. In November, 1890, tl)
Philadelphia and Reading RR. Co. acquired control of this road.

Rolling- Stock, June 30, 1891. — Locomotive engines, 6. Cars — passenger, 5; ba.
mail, and express, 1 ; freight (box, 2 ; platform, 4), 6 — total cars, 14.

Operations for year ending June 30, 1891.— Train mileage— passenger, 80; i
39,173; mixed, 24,960— total, 64,213 miles. Passengers carried, 16,934; carried ono iui!«
90,735 ; average mile rate, 3.50 cents. Tons freight moved, 309,331 ; moved one mil
3,383,065; average ton-mile rate, 3.15 cents. Earnings — passenger, $3,177.18; fivigh
$106,387.07 ; other, $483.48— total ($4,031.06 per mile), $110,047.73. Operating exi>('IIS'
($2,209.82 per mile), $60,328.15. Net earnings (36.51 percent.), $40,176.87; add other r
ceipts, $10,754.14— total, $50,931.01. Payments: Interest on bonds, $6,750; dividends
p. c.) on stock, $42,690 ; other payments, $4,004.14— total, $50,931.01. Deficit, $'.
surplus forward, $217,652.41— net'surplus, $215,139.28.

POOR'S MANUAL OF RAILROADS. 101

The following dividends have been paid on^ihe first Monday in November each year by
•mpany : 1862, 6 per cent.: 1866, 6 per cent.; 1867, 6 per cent, stock ; 1868 to 1877
inclusive, 6 per cent, each ; 1878, 8 per cent. ; 1879, 6 per cent, ; 1880 to 1887 inclusive, 12
ut. each ; 1888, 1889, and 1890, 10 per cent. each.

General Balance Sheet, June 30, 1890.

,t Road $576,700 72

.;' Rolling Stock 135,150 00

it Accounts 78,80026

Capital Stork (par, $2:» $426,900 00

Funded Debt Outstanding 135,000 00

Current Accounts 16,27466

iries 2,662 96 \ Profit and Loss 215,139 28

Total Assets .$793,313 94 , Total Liabilities $793,813 94

The funded debt consists of income and collateral trust 5 per cent. $1,000 coupon bonds,
due July 1, 1893 (extended from July 1, 1888), interest payable January and July.

Annual meeting, first Monday in November. Interest and dividends payable at Catasau-
qua, Pa. Whole number of dividends paid to date, 28. Dividends payable first Monday in
November. Registrar of stock, John Williams, Catanauqua, Pa.

Directors (elected November 2, 1891). — Samuel Thomas, Leonard Pickett, Catasauqua,
Pa. ; John T. Knight, Easton, Pa. ; B. G. Clarke, New York, N. Y. ; Samuel Dickson, William
IS. Pilling, James M. Hodge, Charles Stuart Wurts, Philadelphia, Pa.; John Thomas, Hoken-

ruqua, Pa. : Daniel Runkle, Philipsburg, N. J.
A. A. McLEOD, President Philadelphia. Pa.

/•— W. A. Church Philadelphia, Pa. | Secretary— W. R. Taylor Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.

CATSKILL MOUNTAIN RAILWAY COMPANY.

Main Lino of Road.— Catskill to Palenville, N. Y 15.73

Cairo Railroad — Cairo Junction to Cairo, N. Y 3.7? — 19.50 miles.

idings, owned and leased, 1.21 m. Gauge, 3 ft. Rail (steel, owned, 16.60 miles), 40 Ibs.

History. — Organized July 2, 1885, as successor to the Catskill Mountain RR. Co., whose
oad was sold under foreclosure June 15, 1885. (See MANUAL for 1887.)

Rolling Stock, June 30, 1891. — Locomotive engines (1 owned), 3. Cars — passenger, 10 >
'aggage, mail, and express, 4 ; freight (box, 2 ; coal, 10), 12 — total cars, 26.

Operations for year ending June 30, 1891. — Train mileage (mixed), 28,508. Passengers
arried, 38,415; carried one mile, 514,857; average mile rate, 6.29 cents. Tons freight
noved, 9,000 ; moved one mile, 126,000 ; average ton-mile rate, 7.03 cents. Earnings —
er, s32.388.15; freight, $8,855.51; express, $299.62; other, $82.25— total, $41,-
Operating expenses — transportation, $10,361.15 ; maintenance of equipment,
maintenance of way, etc., $9,213.14; general, $2,527.96— total, s24.844.02. Net
•arnings (40.31 per cent.), $16,781.51. Add interest received, $487.04— total available rev-
-17.26S. ,-).•). Payments: Interest on first mortgage bonds, $2,500; rentals (Cairo RR.,
•rminus at Catskill, $1.000; station at Catskill, $300), $4,572.65; taxes, etc.,
:•)— total, $8,434.75. Balance, surplus, $8,833.80 ; surplus from last, year ($16,394.98,
merest paid on first income bonds, $1,732.72), $14,662.26— total surplus, $23.496.06.
Financial Statement, June 30, 1891.— Capital stock (par, $100), $89,000; funded debt
.200 ; current accounts, $2,506.30 ; audited vouchers and pay-rolls, $1,-
B8 ; coupons unpaid, $1,041.67 ; profit and loss, $23,496.06— total, $4^1,206.7*1. Contra :
>stof road and rolling stock, $411.073.42 ; materials and fuel, $3,283.52 ; sundries, $124.29;
•eivable, $4.021 : current accounts and cash in hands of agents, $1,879.17; cash on
jiand, $825.31— total, $421,206.71.

Funded debt outstanding consisted, June 30, 1891, of the following : /

tinge 5 per cent. -,20-year 31,000 coupon bond*, due Aug. 1. 1905. int. Feb. and Aug. (850,000) . . 850,000

cent, (if earned) 30-year $.500 & $100 reg. bonds, due Aug. 1, 1915. int. Feb. & Aug. ($238,000) 238,000
• 6 per cent, (if earned) 30-year $500 & S100 reg. bonds, due An?. 2, 1915, int. Feb. & Aug. ($16,000) 15 200

102 POOR'S MANUAL OF RAILROADS.

Annual meeting, third Tuesday in Jnne^at Catskill. N. Y. ; books close twenty days pre-
viously. Trustee of bonds, Frederick Hill, Catskill, N. Y. First income bonds have voting
power, and are entitled to interest up to 6 per cent., after interest on first mortgage bonds
and cost of all improvt-ments. Interest on bonds payable at Tannern' National Bank,
Catskill, N. Y. Secretary of company is registrar of stock.

CAIRO RAILROAD.— Cairo to Cairo Junction, N. Y., 3.77 miles. Sidings, 0.34 mile. (iaiiL
Hail (steel), 40 Ibs. Chartered April 10, 1884. The company owns one locomotive engine. Rental, year ciMliug
June 30, 1891, $2,700. Payments : Interest on bonds, $1.500 ; taxes and expenses. $-29.85 ; dividend H pi
$1,194— total, $2,723.85. Deficit, $23.85. Financial Statement, June 30, 1891.— Capital stock (authorized. -
$19,900; funded debt, 1st mortgage 6 per cent. 20-year bonds, dated May 1, 1885, interest, November ;md May.
$25,000 : interest accrued, $250 ; profit and loss, $965.98— total, $46,115.98. Contra : Cost, of road and equipment,
$44,710.76; other assets, $1,405.22— total, $46.115.98 Annual meeting, third Tuesday of April. LEWIS WOLFE.
President, Athens, N. Y.; Charles L. Kickerson, Vice-President, New York, N. Y.; Frederick Hill, Tr<
Wm. J. Hughes, Secretary, Catskill, N. Y. GENERAL OFFICE, Catskill, N. Y.

Board of Directors, Catskill Mountain RR , elected June 16, 1891.

A. Van Santvoord. . New York. N. Y. ! Orrin Day ........... Catskill, N. Y.

Charles L. Beach Catskill, N. Y.

John H Bagley

Samuel L. Penfield.. .

Isaac Pruyn

Frederick Hill

Charles A. Beach.

Jacob I. Werner. . .New York. X,
George H. Beach..
Geo. M. Snyder ...
C.T. Van Santvoord

Charles L. Rickerson New York, N. Y.

ALFRED VAN SANTVOORD, President New York City.

Charles L. Bench, Vice-President Catskill, N. Y.

Sec. <€-. Gen. Sttpt.— Charles A. Beach Catskill, N. Y. | Treasurer— Orrin Day Catskill. N

PRINCIPAL AND TRANSFER OFFICES. . Catskill, N. Y.

CENTRAL ARIZONA RAILWAY COMPANY,

Line of Road Projected.— Flagstaff, Ariz., to Globe, Ariz 180 miles.

Completed : Flagstaff, Ariz. , to Fulton, Ariz 36 miles.

Gauge, 4 ft. 8A in. Kail, 56 Ibs. per yard.

History. —The Arizona Mineral Belt RR. was sold under foreclosure December 4, 188
and purchased by D. M. Riordan, President of the Arizona Lumber and Timber Co.. who
reorganized the company under present title. (See MANUAL for 1888, page 903.)

Before the sale there were outstanding about $700,000 6 per cent, bonds.

F. E. HLNCKLEY, President Chicago, 111.

D. M. Riordan, Vice-President and General Manager Flagstaff, Ariz.

PRINCIPAL OFFICE AND ADDRESS Flagstaff, Ariz.

CENTRALIA AND CHESTER RAILROAD COMPANY.

Projected Road. — Chester to Altamont, 111., and branch to a point opposite

St. Genevieve 140 miles!

Completed : Sparta, 111., to Nashville, 111 25 mile

Sidings, 0.13 mile. Gauge, 4 ft. 8| in. Rail (steel), 56 Ibs.

History. — Chartered December 18, 1887 ; road opened from Sparta to Coultersville. 1
June 1, 1889. Consolidated in July, 1889, with the Centralia and St. Genevieve and th
Centralia and Altamont RR. Cos. (See MANUAL for 1890, page 1096.) Road com]
Nashville during the past year. Grading finished between the latter place and Centralia.
distance of twenty miles.

Rolling Stock, June 30, 1890.— Locomotive engine, 1. Cars— passenger, 1 ; ba_
mail, and express, 1 ; freight (box, 2 ; coal, 10), 12— total cars, 14. Purchased since
fiscal year : Locomotive engine, 1 ; coal cars, 5.

Operations for year ending June 80, 1890.— Train mileage (mixed), 19,957 miles,
sengers carried, 8,387 ; carried one mile, 67,096 ; average mile rate, 3.13 cents. Tons freigl,
moved, 3,827 ; moved one mile, 30,616; average ton-mile rate, 8.42 cents. Earning-
senger, $2,096.86; freight, $2,578.44; mail, $'261.92; express, $249.67— total, $5,186

POOR'S MANUAL OF RAILROADS. 103

Operating expenses — transportation, $4,011.84; maintenance of equipment, $56.30; of way
and building, $1,924. 6(>— total, $5,993.80. Deficit from operation?, $805.91.

Financial Statement, June 30, 1890.— Capital stock authorized, $12,000 per mile ;
funded debt authorized, 1st mortgage 5 per cent. 30-year $1,000 gold coupon bonds, due July
1, 1919, interest January and July, at the office of the Farmers' Loan and Trust Co., New
York. N. V. CW/v/i: Construction, $:J5,566.20 ; equipment. .$7,000— total, $42,566.20.

Xo stock or bonds issued at date of above statement. The bonds are authorized to the
amount of $1,680,000, being at the rate of $12,000 per mile, covering roadbed, equipment,
and terminal facilities.

Directors.— S. L. Dwight, Centralia, 111. ; T. B. Needles, W. S. Foreman, Nashville,
111. : C. E. Smith, Andrew Thompson, New York, N. Y. ; W. T. Wylie, Jno. M. McCutcheon,
urta. 111.

T. B. NEEDLES, President Nashville, 111.

C. E. Smith, Vice-P resident New York, N. Y.

;>\ ami Gfn. Man.— J. M. McCutcheon. .Sparta, 111. ] Secretary— S. L Dwight Centralia, 111.

PRINCIPAL OFFICE AND ADDRESS Sparta. 111.

Transfer Office Centralia, 111.

and

CENTRAL MICHIGAN RAILROAD COMPANY.

Line of Road. — Lowell, Mich., to Hastings, Mich 20 miles.

uge, 4 ft. 8i in. Rail (steel), 70 Ibs.

History. — Chartered June 3, 1888, and succeeded by purchase to the road of the Lowell
and Hastings RR. Co., as above. Road is projected from Rogers City, Mich., to Qarrett,
Ind., a distance of 335 miles, with branches from Greenville to Alger, Mich., 100 miles, and
from Lowell to Grand Rapids, 18 miles — a total distance of 453 miles. No statement of
equipment or operat'ons obtainable.

Financial Statement.— Capital stock authorized, $3,000,000. Funded debt (1st mort-
gage 5 per cent. 50-year gold bonds, dated July 2, 1888, interest payable January and July),
authorized and issued, $7.000,000; outstanding, $50,000. Cost of road and equipment,
$400,000. Interest payable at New York, N. Y. Trustee of bonds : Central Trust Co., New
York, N. Y.

Directors.— J. W. Boynton, P. H. Brown, R. B. Loomis, William E. Grove, J. H.
Roberts. Grand Rapids, Mich.

J, W. BOYNTON, President Grand Rapids, Mich.

R. B. Loomis, Vice- President Grand Rapids, Mich.

ff. ((• Trent.— P. H. Brown Grand Rapids, Mich. | Chief Engineer— J '. H. Roberts. . .Grand Rapids. Mich .

PRINCIPAL OFFICE AND ADDRESS Grand Rapids, Mich.

CENTRAL NEW ENGLAND AND WESTERN RAILROAD COMPANY.

Line of Road.— Campbell Hall, N. Y., to Silvernails, N. Y 53.04

Leased : Hartford & Ct. Western RR. : Hartford, Ct., to Rhinebeck, N. Y.109.75

Trackage : Xewburg, Dutchess and Connecticut RR 1.25—164.04 miles.

Sidings— owned, 13.08 miles ; leased, 20.92 miles— total, 34 miles. Gauge, 4 ft. 8i in.
Rail—steel (66.12 miles owned ; 97.96 miles leased— total, 164.8 miles), 85 Ibs.; iron, 60 Ibs.

History. — Consolidation, July 22. 1889, of the Hudson Connecting and the Poughkeepsie
and Connecticut RR. Cos. The Hartford and Connecticut Western is leased for 50 years
from August 30, 1869, at a rental equal to interest on bonds and 2 per cent, on stock, the
•atter paid directly to stockholders.

Rolling Stock, June 30, 1891. — Locomotive engines, 31. Cars — passenger, 20 ; bag-gage,
mail, and express, 9; freight (box, 171 ; stock, 4 ; coal, 324 ; flat, 26 ; caboose, 15), 540;

104 POOR'S MANUAL — CENTRAL NEW ENGLAND AND WESTERN RR. CO.

other, 7 — total cars, 576. Of the foregoing, 25 locomotive engines, 14 passenger, 5 baggage,
etc., 135 box, 4 stock, 284 coal, 26 flat, IB caboose, and 4 service cars are leased.

Operations for year ending June 30, 1891.— Train mileage— passenger, 438,463 ; freight,
354,884; other, 280,880— total, 1,074,227 miles. Passengers carried, 396,119; carried one
mile, 7,507,934 ; average mile rate, 2.35 cents. Tons freight moved, 522,074 ; moved one
mile, 40,910,286 ; average ton-mile rate, 0.96 cent. Earnings— passenger, $176,684.77 ;
freight, $393,911.51 ; mail, $8,932.36 ; express, $47,027.04— total, $626,555.68. Operating
expenses — transportation, $318,003.25 ; motive power, $15,124.84; maintenance of cars,
$12,401.94; way and buildings, $22,190.46; general, $96,190.98— total, $464,001.47. Net
earning.-^, $162,554.21. Add other receipts : Interest and dividends, $15,406.09; rents, $3.-
972.69— total available revenue, $181,932.99. Payments : Interest on bonds, $75,000 ; on
debt, $20,112.68; rentals leased lines, $74,862.57 ; taxes, $17,147.16— total, $187,122.41.
Balance, deficit, $5,189.42; deficit from 1890, $101,929.27— total, $107,118.69. Deduct dif-
ference in assets and liabilities of the H. & C. W. RR. Co. assumed under the lease, $101,-
703.53. Surplus as per balance sheet, $5,415.16.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $1,600,000 ; funded debt
(1st mortgage 6 per cent. 50-year $1,000 coupon bonds, due September 1, 1930, interest pay-
able March and September), $2,500,000 ; bills payable, $856,553.82 ; current accounts, $97,-
693.14 ; audited vouchers and pay rolls, $49,434.48 ; interest accrued, $54,510.56— total,
$5,158,192. Contra: Cost of road, $3,609,273.48; rolling stock, $289,262.88 ; real estate,
etc., $475 ; stocks and bonds owned, $900,000 ; materials and fuel, $68,040.62 ; betterments,
H. & C. W. RR., $175,062.46; bills receivable, $22,697.99 ; current accounts, $134,613.14;
cash on hand, $3,351,27 : profit and loss, $5,415.16.

The mortgage covers the road from Campbell Hall to Silvernails, excepting line of the
Pcfughkeepsie Bridge Co.; also covers real estate, equipment, etc.; also the rights in the
lease of the H. & C. W. RR., and 13,900 shares of that company's stock. Interest payable
at the office of the Trustee, the Fidelity Insurance Trust, and Safe Deposit Co. of Philadel-
phia, Pa. Annunl meeting, first Wednesday of February, in Ne\v York, X. Y. Voting
power attaches to stock after thirty days.

Since the close of the .fiscal year the company has made an issue of $5,000,000 4 per
cent, general mortgage bonds, and holders of 1st mortgage 6s have agreed to exchange their
bonds for an equal amount of the new issue and to waive all interest, for two years. An
additional sum of $1,400,000 of the new bonds will be issued for new equipment and b«
ments, and the balance will be reserved in the treasury. The new bonds are for $500 and
$1,000 each, gold, and are "in coupon or registered form ; due in 100 years, interest pnv
March and September, at the company's New York agency.

HARTFORD AND CONNECTICUT WESTERN RAILROAD. -Hartford, Ct., to RhineduT.
N. Y., 109.75 miles. Sidings, etc., 20.'>2 miles. Rail (ste •), 97.96 miles), (50, 70, and 85 Ibs. Reorganization,
1, 1881, of a company of the same name, whose property had been in the hands of the State Treasurer as i r
since April 27, 1880. (See MANUAL for 1890.) The company leases 1.25 miles of the Newburg, Dtitchc.-.-
Connecticut RR., from State Line to Millerton, N. Y., making a total of 111 miles operated. Leased for one
August 30, 1889, to the Central New England and Western RR. Co. Lease extended for 50 years from Ann:.
1890. Finaix'i'/i S!/it<-/nent, June 30, 1891.— Capital stock, $2,670,200 ; funded debt, first mortgage 5 per ce
year bonds, due July 1, 1903, interest payable January and July, $700,000 ; C. W. RR. 7 per cent, convei
bonds, due July 1, 1900, $49,800 ; bills payable, $22,697.99— total, $3,442,697.99. Contra: Cost of n
747.46 ; equipment, $873,867.97 : lands, $99,099.47 ; profit and loss, $10.310.51— total, $3,442.097.99.
vertible bonds are exchangeable for stock at 60 per cent, of their face value. No interest has been paid on t lie-in
since January 1, 1876. Annual meeting, third Tuesday in December ; books close thirty days previously.
power attaches to stock after thirty days' ownership. Interest payable at Hartford, Ct. H. ( >. S, i
New Orleans, La.; J. O. Phelps, ViefrPresident, Sirnsbnry, Ct.; Edward R. Jk-ardsley, v cretary a>>.<l 1 ,
H. W. Watson, Auditor, Hartford, Ct.

Board of Directors, Central New England and Western Kli. Co., elected February 4, 1891.

John S. Wilson. . . .New York. N. Y. | Charlemagne Tower, Jr. .Pliila., Pa.

Arthur Brock Lebanon. Pa.

Henry C. Gibson. . Philadelphia, I'a.
Henry (). Seixas.. New Orleans, La.
John

William T. Carter
W. W Gibbs...

Chas. Henry Hart. .Philadclpli
Thomas Dolan ....
Joseph F. Sinnott . .

Arthur E. Newbold.. . . " " I Oeo. H. McFadden.

W. Brock Philadelphia, Pa.

JOHN S. Wri.sON, President 115 Broadway, New York, N. Y.

Arthur Brock, Vice- President Philadelphia, Pa.

.:•;/ and Trea»—W. R. Carlilo..Now York, N. Y. | Aml'ifor—ll. W. Watson Hartford. C

PRINCIPAL AND TRANSFER OFFICES 115 Broadway, New York, N. Y.

POOR'S MANUAL OF RAILROADS. 105

CENTRAL RAILROAD OF SOUTH CAROLINA.

Lino of Road. Lane, S. C., to Sumter, S. C 40 mik-s.

Sidings, etc., 4.80 miles. Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs.

History.— Chartered March S, 1881 ; road opened April 1, 1882. Leased to the North-
eastern and tlit- Wilmington, Columbia and Augusta RR. Companies, and operated on joint
account. Rental, $30,000 a year and $1,000 for organization expenses.

llollinir Stock. — Supplied by the Northeastern RR. Co.

Operations for year ending June 30, 1891 (Lessee's Account). — Train mileage— passenger,
M.520 ; freight. 54,239; other, 5,373— total, 93,132 miles. Passengers carried 46,722 ; car-
ried one mile, 1. 031,530; average mile rate, 2.253 cents. Tons freight moved, 136,077; moved
one mile, 3,915.143 : average ton-mile rate, 1.938 cents. Earnings— passenger, $23,698.52 ;
freight, $75,879.34: mail, $2,504.88; express and extra baggage, $698.76 ; other, $1,405.58
— total. $104,247.08. Operating expenses — transportation, $26,745.91 ; motive power and
cars, sl3.911.07; maintenance of way, etc., $16/225.27 ; general, $4.541.81 ; taxes, $4,064.61
1)5,488.67. Net earnings, $38,758.41. Paid lease'rental, $31,000. Surplus, $7,758.41.

Financial Statement, June 30, 1891 (Lessor Company).— Capital stock (par, $50), $170,-
000; funded debt, 1st mortgage 6 percent. $1,000 gold coupon 40-year bonds, due 1921,
$300,000 — total, $470,000, representing cost of road and equipment.

Directors. — S. S. Solomons, L. L. Cohen, Arthur Barn well, T. G. Main, Samuel Lord,
Jr., Charleston, S. C. ; Morris K. Jessup, New York, N. Y.

S. S. SOLOMONS, President Charleston, S. C.

Joseph W. Bock, Secretary and Treasurer Charleston, S. C.

PRINCIPAL OFFICE AND ADDRESS 24 Broad Street, Charleston, S. C.

CENTRAL TEXAS AND NORTHWESTERN RR. CO.

Line of Road.— Ennis, Tex., to Waxahacbie, Tex 12.36 miles.

Sidings, 1.93 miles. Gauge, 4 ft. 8± in. Rail (steel), 52 Ibs.

History.— Organized as Waxahachie Tap RR. Co. in 1875. That company was the
recipient of $50,000 in bonds of the town of Waxahachie, a State land grant of 16 sections per
mile, and local subscriptions. During the year 1881 the present name was adopted. The
road is to be extended from Waxahachie westward to Cleburue, in Johnson County, and
northward to Fort Worth. Early iu May, 1886, the Fort Worth and New Orleans RR. was
completed from Fort Worth to a connection with this road at Waxahachie.

Rolling Stock, June 30, 1891. — Locomotive engine, 1. Cars — passenger and combi-
nation, 2 ; freight (box, 74 ; platform, 4), 78— total cars, 80.

Operations for year ending June 30, 1891. — Train mileage — passenger, 15,990 ; freight,
13,810 ; mix^d, 17,860 ; other, 17,210— total, 64,870 miles. Passengers carried, 38,939; carried
one mile, 467,268 : average mile rate, 2.85 cents. Tons freight moved, 129,418 ; moved one
mile. 1,553,016 ; average ton-mile rate, 4.36 cents. Earnings — passenger, $13,318.13 ;
:, 744.89; mail, $1,022.84; express, $1,200; other, $3,068,82— total, $86,354.68.
Operating expenses — transportation, $?3,468.51 ; maintenance of equipment, $5,650.98 ; main-
tenance of way, etc., $47,811.24 ; general, $3,620.70— total, $80,551. -13. Net earnings, $5,-
Payments : Interest on floating debt, £16,997.83 ; taxes, $1,297.67 ; permanent
improvements, si, 430.39— total, $19,725.89. Balance, deficit for year, $13,922.64.

Financial Statement, June 30, 1891:— Capital stock (par, $100), $200,000; funded debt,

st mortgage 6 per cent. 30-year coupon $1,000 bonds, due October 1, 1911, interest payable

May and November (hypothecated, not sold), $180,000 ; bills payable, $110,395.87 ; profit and

oss, $84.441.14— total, $574,837.01. Contra : Cost of road, equipment, buildings, etc., $360,-

93 ; bonds hypothecated, $180,000 ; materials and fuel, $82.50 > cash and current accounts,
134,668.58— total, $574,837.01.

Annual meeting, first Tuesday iu May ; books close thirty days previously, Trustee cf
bonds, Farmers' Loan and Trust Co., New York; X. Y.

106

POOR'S MANUAL OF RAILROADS.

Directors (elected May, 1891). — A. C. Hutchinson, New Orleans, La.; Charles Dilling-
ham, E. W. Cave, D. Ripley, G. A. Quinlan, Houston, Tex. ; H. Helland, Waxahachie, Tex.;
L. A. Daffan, Ennis, Tex.

CHAS. DILLINGHAM, President Houston, Tex.

H. Helland, Vice-President Waxahachie, Tex.

Sec. & Treas.—L. W. Wheeless Waxahachie, Tex. | Aftxintant Treasurer— E, W. Cave Houston, Tex.

PRINCIPAL OFFICE AND ADDRESS , Waxahachie, Tex.

CENTRAL VERMONT RAILROAD COMPANY.

Consolidated Lines (310.3 miles) :

Windsor, Vt., to Rouse's Point, N. Y 158.4

Montpelier Junction to Montpelier, Vt 1.4

Essex Junction to Burlington, Vt •. 8.0

Swanton Junction, Vt., to Province Line 11.0 — 178.8 miles.

Montpelier and White River RR,, Montpelier to Williamstown, Vt 13.5 miles.

Leased Lines — for particulars see subjoined statements 539.4 miles.

Total length of lines owned, leased, and operated . 731.7 miles.

Sidings, 185.85 miles. Gauge, 4 ft. 8i in. Kail (steel, 639.2 miles), 56, 60, and 72 Ibs.

History. — Consolidation, December 9, 1891, of the Central Vermont, Vermont and Canada,
Consolidated of Vermont and Montpelier and White River RR. Cos. (See MANUAL for 1891,
.page 97, and MANUAL for 1887, page 25.) The lease of the New London Northern expired in
1891, and a new one for 99 years was emered into.

Rolling Stock, June 30, 1891. — Locomotive engines, 193. Cars — passenger, 103 ; bag-
gage, mail, and express, 49 ; freight (box, 2,513 ; stock, 112 ; platform, 793 ; coal, 231 ;
caboose, 108), 3,757 ; other, 220— total cars, 4,129.

Operations for the year ending June 30, 1891. — Train mileage — passenger, 1,671,586;
freight, 2,527,876 ; other, 1,075,759— total, 5,275,221 miles. Passengers carried, 2,391,891 ;
carried one mile. 57,353,261 ; average mile rate, 2.35 cents. Tons freight moved, 4,366,647 ;
moved one mile, 379.681,997 ; average ton-mile rate, 0.79 cent.

Earnings.— Passenger $1,346,381 28 i Expenses.— Transportation $1,864,401 91

Freight .... .... 3,017,111 81 ; Motive Power and Cars 450,032 84

Mail and Express

Miscellaneous. . .

164,595 52
13,270 40

Maintenance Way & Buildings
General . .

472,781 59
354,738 10

Total ($7,189.11 per mile) $4,541,359 01 Total ($4,978.81 per mile) $3,141,954 44

Net earnings (30.81 per cent.), $1,399,404.57 ; add interest, $14,512.50— total, $1,413,-

917.07. Payments : Interest on bonds, $7,751.82 : rentals, leased lines, $1,210,356.08 ; other.

$191,653.45— total, $1,409,761.95. Surplus, $4,155.12.
Statement of operations fV>r six fiscal years :

188S

1887

1888

1889

1890

1891

Miles Railroad Operated

452 60

570.60

570.60

602.60

628.60

Passenger Trains Miles

qjg 091

1,155,107

1,479,138

1,578,549

1,561,188

i t;;i :>si;

Freight Trains, Miles

1,379.432
825 330

2,466,307
1 067 325

2,900,602

2,92-2,744
I 931 393

3,800,761
2 071 061

9g 874 336

38 033,102

50,563,243

51 324 438

Y, :i

FreighfMoved, Tons

1,802,966

2,659,031

268 871 960

2,726,184
319 297 8°3

3,288,221
412 248 88£

i.:5»;r..r>i;

379 r,

Passenger Ear nine's . .

768 565

955,699

1,233,719

1,288,409

$
1,335,311

Freight Earnings
Mail and Express Earning!?
Miscellaneous Earnings

1,663,380
101,993

2,354,355
126,879
61,718

2,833,153
148.316
16,735

2,802,891
150.384
14,418

3,224,574
165,759
18,550

:-!.(>! 7. 11-'

Total Traffic Earnings
Operating Expenses

2,533,938
1,738,494

3,498,651
2,445.195

4.231,923
2,957,338

4,256,102

2, 87!), 729

4,744,194
3,211,954

1,54

Net Earnings ...

795 444

1,053,456

1,274,585

1,376,373

1,532,239

NOTE. — The returns of the Ogdensburg and Lake Champlain RR. were not included in I1

POOR'S MANUAL — CENTRAL VERMONT SYSTEM. 107

Financial Statement. — The company furnishes no statement of financial condition for

\Ve therefore repeat here the statement from the MANUAL for 1891. Common stock,

00; preferred stock, $750,000 ; capital stock Central Vermont RR.,. $1,000,000 ; funded

debt, 1st consolidated mortgage, 5 per cent. 30-year bonds, due July 1, 1913, interest January

and July, $7.000,000— total stocks and bonds, $9,050,000. The bonds are for $100, $£00, or

$1.000 each, interest payable at the office of the American Loan and Trust Co., Boston, Mas?.

The report to the Vermont Railroad Commissioners states that the following stocks.
bonds, etc.. were owned by the company on June 30, 1891 : Canada and Atlantic RR. bonds,
par. $18.000 ; Ogdensburg Transit Co.'s bonds, par, $170,000 ; Consolidated RR. of Vt. bonds.
par, $101,700 ; Town of Williamstown bonds, par, $30,000; Saratoga and St. Lawrence RR.
bonds, par, $30,000 ; stock, Ogdensburg Transit Co., $425,000; bonds, Stanstead, Shefford,
md Chambly RR., $475.336.67; Montpelier and White River RR. stock, $66,900; cost of
«une. $238,000; stock, Ogdensburg and Lake Champlain RR. Co., $1.612,500; steamer
'Doris/' $3-2,918.93; pier 36, New York City, $40,000; Providence Island, $4,000; Grand
isle Steamboat Co. stock, $10,000.

Consols and incomes listed on the New York Stock Exchange ; stock, consols, and incomes
!>n the Boston Stock Exchange. Trustee of 1st consolidated mortgage bonds, \V. J. Avetill
uui Stuyvesant Fish. Interest payable at National Security Bank, Boston, Mass.

MONTPELIER AND WHITE RIVER RAILROAD.-Montpelier to Barre, Vt., 6 miles.
)pened iu 1876. merged into the Central Vermont RR. Co. on December 9, 1891. Cost to June 30, 1890, $238,000.

RAILROADS LEASED BY THE C. V. RR. Co., OPERATIONS INCLUDED ix FOREGOING

STATEMENT.

ADDISON RAILROAD.— Leicester Junction, Vt.. to Ticonderoga, N. Y., 15.60 miles ; sidings, 1 mile.
'bartered in 1870 ; road opened December 1, 1871. Leased to Rutland RR.~Co. from completion, at 7 percent, on
;ost, and transferred to the Central Vermont RR. Co. when the latter leased the Rutland RR. By the contract
>ith the Rutland RR. Co. the capital stock was fixed at $500,000. Rental, 1890, $15.000. Dividends (April 1 and
October 1. each H per cent.), $15,000, payable at Rutland. Vt. P. W. CLEMENT, President ; Edward T. Smith.

/ and Treasurer, Rutland, Vt. PRINCIPAL OFFICE, Rutland, Vt.

BRATTLEBORO' AND "WHITEHALL RAILROAD.-Brattleboro' to South Londonderry,
":.. 35.7 miles. Sidings. 2 miles. Gauge, 3 ft. Rail (steel, 8 miles), 36 and 40 Ibs. Reorganization in 1876 of the
.'est River RR. Co. Road opened November 3, 1880. Leased in February, 1880. for 99 years to the New London
liorthern RK. Co. Operated since January 1, 1883, by the Central Vermont RR. Co. Yearly rental, $12,000.
ocomotive engines, 3 ; passenger cars. 6 ; freight cars, 90. Capital stock. $205.000 ; funded debt, first mortgage
$150,000— total stock and bonds, $355,000. Cost of road and equipment, $350,000. C. F. THOMPSON.

J. L. Martin, Secretary ; George S. Dowley, Treasurer, Brattleboro*, Vt.

BURLINGTON AND LAMOILLE VALLEY RAILROAD.-Burlington to Cambridge Junc-
. :i4. 50 miles. Sidings, etc.. 2 miles. Gauge, 4 ft. 8i in. Rail (steel, 23 miles), 56 Ibs. Organized during
ie fiscal year. 1888-89, as successor to the Burlington and Lamoille RR. Co. (See MANTAL for 1891.) Leased
Jring the fiscal year, 1888-89, to the Central Vermont RR. Co. for 99 years. Rental. $20,200. Dividends (May
id November. 2| per cent, each . $20,000 ; expenses, $200. Financial Statement, June 30. 1891.— Capital stock,
100.000. No bonds. JAMES R. LANGDON, President : Edward D. Blackwell, Secretary and Treasurer, Mont-
iik-r. Vt. ; George T. Child.*. Clerk, St. Albans. Vt. PRINCIPAL OFFICE AND ADDRESS, Montpelier. Vt.

MISSISQUOI VALLEY RAILROAD.— St. Albans, Vt.. toRichford, Vt., 28.85 miles ; sidings, 2
'. Rail (steel. 27 miles), 56 Ibs. Organized in December. 1886, as successor to the Missisquoi RR. Co. (See
ANUAL for 1891.) Capital stock, $500,000. Leased to the Central jVermont RR. Co., July 1, 1888, at an annual
*1 of 4 percent, on capital. Dividends payable January and July, at St. Albans, Vt. WORTHINGTON C. SMITH,

•nt ; F. S. Stranahan. Vice-President; W. Tracy Smith, Secretary and Treasurer. St. AJbans. Vt.
MONTREAL AND VERMONT JUNCTION RAILWAY.— Vermont State Line to Junction
>.. S. & C. Ry.. near St. Johns. Que., 23.6 miles : sidings, 2 miles. Rail (steel), 60 Ibs. Tin's ro ,d is operated
the Central Vermont RR. Co., and all operations are included in the returns of the lessee. Financial statemen t

• tncers not reported. CORPORATE OFFICE. St. Johns, Que.

OGDENSBURG AND LAKE CHAMPLAIN RAILROAD. -Ogdensburg, N. Y., to Rouse's
S'. Y.. 118 miles : Moira to Bombay Junction. N. Y., 8.5 miles— total, 126.5 miles. Sidings, etc., 36.4 miles.
4 ft. 8* in. Rail (steel), 126.50 miles), 56 Ibs.

successor, August 1, 1865, to the Ogdensburg RR. Co. Controlling interest acquired in 1884 by the Central

RR. Co., and road leased in perpetuity by that company June 1. 1886. Locomotive engines, 30. Cars—

ineer. 11 ; mail and baggage, 5 ; box, 1,150 ; stock, 26 ; coal," 42 : all other. 175— total. 1,409. Rental, 1890-91.

61.56: expenses and taxes. $616,070.37: net earnings, $191,291.19. Payments : Rents, $4,083.32; interest

ids, $224.000; other, $6,085.28— total, $234.168.60. Deficit, $42.877.41.' Capital stork. $3.077.500; funded

: consolidated mortgage 6 per cent. 40-year bonds, dated April 1, 1880, interest April and October, $3.500.-

. .... . .,. . .

er investments. $398.988.88 : cash and cash assets. $988,006.92— total. $8.969,585.24. Bonds of all issues are
$1,000 each ; consolidated mortgage bonds being also $500. B. B. SMALLEY, President, Burlington,
. .Kanlett, Treasurer; George T. Childs, Secretary, St. Albans, Vt. ; Charles R. Batt, Register, Boston.
GENERAL OFFICE, St. Albans, Vt.

3TANSTEAD, SHEFFORD AND CHAMBLY RAILROAD.— St. Johns to Waterloo, Que.,
sidings, etc., 5.5 miles. Rail (steel. 9.5 miles), 60 Ibs Locomotives, 6 : passenger cars. 4 ; bagga<re,
express cars. •„>. Chartered in 1853. and road opened in 1858-1861. Leased to the Central Vermont RR.

108 POOR'S MANUAL — CENTRAL VERMONT SYSTEM.

Co., at a'' rental equal to interest on $800,000 bonds. G. G. STEVENS, President; John P. No\res, H
Treasurer, Waterloo, Qne.

RUTLAND RAILROAD.- Bellows Falls. Vt.. to Burlington, Vt., 120 miles. Sidings and other
26 miles. Gansre, 4 ft. 8.! in. Rail. 56 Ibs. Reorganization in Juty, 1867, of the llntland and Bnrlingt on l;i
Leased to the Vermont Central for 20 years from December 81. 1S70. and lease extended December 81. ir-'.m. :
years. It is provided in the lease that" the lessor shall within three years expend $500,000 for new equipment and
other permanent improvements. The yearly rental is $345,000 at first, to be increased to $370,000 as the new <
ment, and improvements are put upon the property. (See MANUAL for 1891.) ( V/,v// Account year ending -I u
1891. Rec&ptfi—C&sh on hand, July 1, 1890, $42,884.79: rent of real estate, $1,980; rent of railroad, $8K'
cash borrowed temporarily, $270,000; Addison RR. dividend unpaid, $1.50; income on stocks and bonds.
881— total, $640.247.29. I)ixl>itrse.inent.s—B\\\s payable (paid), $330,000; interest, $3.430.91; taxes, $li)o.r)n

struction ^1. 044.54 : old claims, $20 ; stocks and bonds
Financed Statement, July 1, 1891.— Capital stock

, . .

estate, $90.45: Addison RR. rental, $15.000 ; dividends, $84,636: coupons, $165.339; expenses, $11.149.97 :

stocks and bonds, $5,540.56 ; cash on hand, §23.895.36— total, $640,247.29.
91.— Capital stock (common, $2.480,600 ; preferred. $4,239,100), $6,719,7ip

bonded debt, $3,000,000 ; equipment bonds, $2,100 ; unclaimed dividends, $2,140.75 ; unpaid coupons, $7.;»i7
profit and loss, $36,679.30— total, $9,768,387.05. Contra: Construction and equipment, $9.085,516.23; si
bonds, etc., $399,333.88 ; real estate, $129,229.08 ; rent of railroad due and unpaid, July 1, 1891, $130,412.5(1 :
in b'lnk, $23,895.36— total, $9,768,387.05. Funded debt, July 1, 1891, consisted of : 1st moitgage 6 per cent. 3
bonds, due November 1, 1902, interest May and November, $1,500,000 ; 2d mortgage 5 per cent. 20-year bonds, due
August 1, 1898, interest February and August, $1,500,000. The 2d mortgage bonds are a first mortgage on r
stock and personal property. Interest on bonds is payable at the Globe National Bank. Boston, Mass.. and at the
office of the company, Rutland, Vt. Dividends were paid July 1 and December 31, 1891, 2 per cent, each on pre-
ferred stock. It is proposed to issue $3,500,000 41 per cent, bonds, $500,000 to be used in providing means for the
new equipment and improvements, and the balance to be held for retirement of the present outstanding bonds.

Directors.-— Percival W. Clement, Rutland, Vt. : Horace G. Young, Albany. N. Y. ; Le G. B. Cannon. James
Roosevelt, New York, N. Y. ; John W. Stewart. Middlebury, Vt. ; William Wells, Burlington, Vt, ; Geo. H. Ball.
Boston, Mass. : Chester Griswold, Burlington, Vt, PERCIVAL W. CLEMENT, Pre«i<tti>t. Rutland, Vt. ; Hoi-
Young, Vice- President, Albany, N. Y. ; Edward T. Smith, Treasurer, Rutland, Vt. ; William Wells, Clerk q
Board, Rutland, Vt. GENERAL OFFICE, Rutland, Vt.

Board of Directors Central Vermont RR. Co., elected December 9, 1891.
James R Lano-don Montpelier, Vt. I L. J. Seargeant ...... Montreal, Qne. I Benjamin P. Cheney. .Boston.

Edward C. Smith .... St. Albans. Vt. I W. H. H. Bingham ....... Stowe, Vt, ] Bradley B. Smalley..Burlingt.oi

Robert Wright .................................... Montreal, Que.

EDWARD C. SMITH, President ............................ St. Albans, Vt.

James R. Langdon, 1st Vice-President ..................... St. Albans, Vt.

General Supt.— James M. Foss .......... St. Albans, Vt. I Treasurer— D. D. Ranlett ............... St. Alban

Secretary— George T. Childs ............ Ll I General Auditor— M. M. Reynolds .....

PRINCIPAL OFFICE AND ADDRESS ................................ St. Albans, Vt.

CENTRAL VERMONT SYSTEM— NEW LONDON NORTHERN RAILROAD!

Line of Road. — New London, Ct., to Brattleboro, Vt 121 miles

Sidings, etc., 39 miles. Gauge, 4 ft, 8i in. Rail (steel, 117 miles), 57, 58, 60 Ibs.

History. — Reorganization after foreclosure sale in 1859 of the New London, Willimantij
and Palmer RR. Co. (See MANUAL for 1888, page 56.) The lease to the trustees of th«;
Central Vermont RR. Co. expired December 1, 1891, and a new one was made for ',».
from that date to the Consolidated RR. Co. of Vermont, and was assigned to the Central Verj
mont RR. Co. The lessee assumes all responsibilities, and pays as rental $211,000 a year i;J
monthly installments. The lease includes the entire road as pbove and the Brattleboro' ao>i
Whitehall RR., from Brattleboro5 to South Londonderry, 36 miles. The operations give
below cover the New London Northern RR. proper (100 miles), that portion of the line froi
Miller's Falls to Brattleboro', 21 miles, having been operated under u separate leas
Central Vermont RR. Co.

Rolling Stock, June 30, 1891.— Locomotive engines, 26. Cars— passenger, 14 ; bn.
etc., 12; freight (box, 111; platform, 137; coal, 55; caboose, 8), 311; other, 4'.
cars, 386.

Operations for year ending June 30, 1891.— Train mileage— passenger, 265.405'; f ;
226,730 ; other, 130,192— total, 622,327 miles. Passengers carried, 565,754 ; carried 01
mile, 7,956,345 ; average mile rate, 2.70 cents. Tons freight moved, 400,598 ; moved 01
mile, 25.628,368 ; average ton-mile rate, 1.40 cents.

Karniiiirs.— Passenger $219,035 32

Freight

Mail and Express.
Miscellaneous .

Total ($5,092.0(5 per mile) $509,205 80

Net earnings (29.65 per cent.), $177,659.41.

Expenses.— Transportal ion

Motive Power and Cars . : 70,58

Maintenance Way and Buildings.

General

Total ($4r215.46 per mile) *

POOR'S MANUAL CENTRAL VERMONT SYSTEM.

109

Lessor's Income Account, year euding June 30, 1891. — Receipts: Rental, $240,446.33;
other receipts, $1,280.25— total, $241,726.58. Payment* : Interest on bonds, $79,725; on
debt, $4,392.50 ; permanent improvements, $3,904.98 ; general expenses, $5,468.04 ; divi-
dends (7 per cent, quarterly, January, April, June, and December), $105,000 — total, $198,-
.-. Surplus, $43,236.06 ; surplus forward, $477,080.30— total, $520,316.36.

Lessor's General Balance Sheet, June 30, 1891.

f Road $2,953.336 72

- Rolling Stock 248,42044

Owned 1.50,00000

vU Property 93,17000

t Accounts 80,04291

a Hand 67,666 12

3 31,763 84

Total A-- ...$3,624,40003

Capital Stock $1,500,000 00

Funded Debt Outstanding 1,499,500 00

Bills Payable 100,000 00

Current Accounts .. 4,58367

Profit and Lo.-< 5-,»0,31f> 36

Total Liabilities $3,624,400 03

Statement of operations, general account, etc., for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Miles of Road Operated. . .
Frain Mileage

100
523,740
412,073
504,848
$
568,395
844,493

100

516,388
407,351
417,651

541.755
337.454

100
564.364
471.700

497,573

619,838
327,635

100
562,864
506,882
546,096
S
601,177
420.613

100
598.523
535,124
535,141
S
613,258
432,334

100 100
596,756; 604,038
532. 7SO 540,804
877,996 430,708
$ S
597,187 598,385
379,765 406,137

100
622,327
565,754
400,598
$
599,205
42i;.546

^assen^ers Carried

freight (tons) Moved
iros> Earnings

expenses and Taxes

^et Earnings
)ther Receipt*

233,002
9,829

204,301
10.305

292,203
9,862

180,564 l 180,924
8,6821 13,133

217,422

192,248

177,659

Vvailable Revenue

233 729

214.606 302,065 189.246
5,417 55; 6,198 38 6,011 77
2,04301 2.92-203 1,80564
62.29 p. c. 52.86 p. c. 69.97 p. c.

$ s , $

210,731 207,860 207.874
(& 90,000(6) 90,000(61)97,500
101,391 81,124 86,350

1,500,000! 1,500,000 1.500,000
1,499,500, 1.499,500, 1,499.500
178,963' 136,8881 138.625
398,089: 436,424 485,419

194,057
6,132 58
1,809 24
70. 50 p. c.

208,302
(7) 105,000
86,384

1.500,000
1,499,500
137.274
450,390

217,422
5.971 87
2.174 "22
63.59 p. c.
$
208,281
(7) 105.000
86,109

1,500,000
1,499,500
141,457
436,670

192,247
5.983 85
1.92248
67. 87 p. c.

240,446
105,000
84,964

1,500,000
1,499,500
115,957
477,080

177,659
5,992 06
1,776 59
70.35 p. c.

241,226
105,000
84,117

1,500.000
1,499.500
104,584
520,316

TfOss Traffic Earn. p. M . .
Net Traffic Earnings p. M.
Expenses to Earnings
'*' Account*.
tental etc Received

5,683 95
2,330 02
. 60. 78 p. c.

210 390

>ividends Paid
nterest Paid

. (6) 90.000
95,418

'apital Stock

1,500000

"unded Debt

1 499 500

"nfunded Debt

177,254

urplus

345 349

Total Liabilities

. 3.522.103

3,576.552
2,801,462
M3.490

243,170
283.500

3.572.762
2,812,674
248,420 :
243,170
'268.498

3,623.544
2,819,199
248,421
243,170
312,754

3,587.164: 3,577,627i 3.592,537
2,820,799 2,810,584 2,953,337
248.420 04-, 420, 248.420
243,170! 243,170 243,170
274,775} 275,453' .147,610

3,624.400
2.954.337
248,420
243,170
179.473

(instruction

2 771.602

Equipment

248 420

.>-nts

243,170

sets

Total Assets

258,911

. 3,522,103

3,576,552

3,572,762;

3,623,544

3,587,164

3,577,627

3,592,537 3,624,400

Funded debt : 2d mortgage — now 1st — (New London to Miller's Falls, 100 miles), 7 per
'•ut. 20-year bonds, dated June 1, 1872, interest June and December, $387,500 ; consolidated
•lortgage (New London to Brattleboro', 121 miles), 5 per cent. 30-year bonds, dated May 1,

P. interest January and July, $812,000 ; consolidated mortgage (New London to Brattle-
'. 121 miles), 4 per cent, bonds, dated September 1, 1885, due May 1, 1910, interest
anuary and July, $300,000— total, $1,499,500.

The 5 per cent, consolidated bonds were issued for the purchase of the Brattleboro'

xtension. and to provide means for the construction of the Brattleboro' and Whitehall RR.,

ted November 18. 1880, and leased to the Central Vermont RR. Co. The 4 per cents.

' issued to retire the 1st mortgage bonds. Denomination of bonds : 2d mortgage, $500,

1,000; consolidated mortgage, $1,000. All bonds coupon. Authorized amount of capital

>clv, $2,000,000. Total number of quarterly dividends paid to date, 84. Interest payable

Bank of North America, New York City ; dividends at the office of the company, New Lon-

>n> Ct. Annual meeting, first Wednesday in February. Book* nof f^o^nd in advance.

Directors (elected February 4, 1891).— Robert Coit, Benjamin Stark, Augustus Bran-

110 POOR'S MANUAL OF RAILROADS.

degee, C. A. Williams, J. N. Harris, New London, Ct. ; Thomas Ramsdell, Windhara,
Ct. ; James A. Rumrill, Springfield, Mass. ; C. H. Osgood, Norwich, Ct. ; Thomas B. Eaton,
Worcester, Mass.

ROBERT COIT, President and Treasurer New London, Ct.

Secretary— J. A. Southard New London, Ct. | Svptrifitt /></>, it — C. F. Spaulding New London, Ct.

PRINCIPAL OFFICE AND ADDRESS New London, Ct.

CHARLESTON AND SAVANNAH RAILWAY COMPANY.

Main Line of Road.— Ashley River June., S. C., to Central RR. June., Ga. 97.00 miles.

Branch : Ravenels to Young's Island, S, C 5.60 miles.

Operated : Ashley River RR. _: Junction C. & S. Ry. to Ashley River 4.00 miles.,1

"ey Junction to Charleston, S. C 7.00 miles.

Ry. : Central Junction to Savannah, Ga. 7.00 miles.

rr T ( Northeastern HR. : Ashlev Junction to Charleston, S. C 7.00 miles.

Trackage : -(8mannah, Florida & W.

Total length of lines operated, June 30, 1891 ............................. 120.60 miles.!

Sidings, 12 miles. Gauge, 4 ft, 9 in. Rail (steel, 110.25 miles), 50, 56, and 60 Ibs.

History. — Reorganization after foreclosure sale, June 7, 1880, of the Savannah anci
Charleston RR. Co. (See MANUAL for 1890.)

Rolling1 Stock, June 30, 1891. — Locomotive engines, 24. Cars — passenger, 15 ; combina:
tion, 2 ; baggage, mail, and express, 6 ; freight (box, 318 ; stock, 13 ; flat, 128), 459 ; caboostj
and cab, 15— total cars, 497. Of the foregoing, 2 baggage, etc., and 85 box cars are leased.

Operations for year ending June 30, 1891. — Train mileage — passenger, 365,350 ; freights
187,407 ; other, 14,906— total, 567,663 miles. Passengers carried, 312,820 ; carried on<|
mile, 15,701,242; average mile rate, 2.07 cents. Tons Ireight moved, 328,988 ; moved onij
mile, 25,682,372 ; average ton-mile rate, 1.27 cents.
Earning?.— Passenger ....................... $325;344 03 Expenses.— Transportation ................. $241,87! ij

Freight ........................ 325,531 77 Motive Power and Cars ......... 45,330 2

Mail and Express ............... 71,51146 Maintenance Way & Buildings. . 112,241 5j

Miscellaneous ................ '. 13,16343 General ......................... 108,19171

Total ($6,099.09 per mile) ............... $735,550 69 Total ($4,209.24 per mile) ............... $507.'

Net earnings (30.99 per cent.), $227,916.07 ; add other receipts, $8,539.55 — total n< ••
enue, $236,455.62. Payments : Interest on bonds, $162,690 ; taxes, $19,413.65 ; othe
charges, $269.76— total, $182,373.41. Balance, surplus, $54,082.21. Surplus from last yeail
$73,018.36— total surplus, $127,100.57.

General Balance Sheet, June 30, 1891.
Cost of Koad, Boiling Stock & Real Estate. $3,938,493 67 I Capital Stock (par, $100) .................. $500,000 (j

Additions and Improvements to be arranged Funded Debt Outstanding ..... ' ............ 3,4«7.000 (

for before December 31, 1891 ............. 13.513 13 | Current Accounts ......................... 12(>,505 !|

Current Accounts and Cash ................ 268,599 68 j Profit and Loss ............................

Total Assets ........................... $4,220,606 48 i Total Liabilities ....................... $4. .

Funded debt consists of $1,467,000 ($1,500,000 authorized), first mortgage 7 per cent. 5
year coupon SI, 000 bonds, due Janua-y 1, 1936, interest payable January and July ; $1,000
000 first preferred income bonds, dated March 1, 1886 ; and $1,000,000 second prefem
income bonds, dated March 1, 1886. Interest payable in New York, N. Y.

Annual meeting, Monday preceling first Wednesday in March, at Charleston, S
Trustee of 1st mortgage bonds, Safe Deposit and Tru>t Co., Baltimore, Md.

RAILROAD OPERATED BY THE CHARLESTON AND SAVANNAH RY. Co.

ASHLEY RIVER RAILROAD.— Junction, C. & S. Ry., to Junction, N. E. RK., 4 miles.
0.5 mile. Gauge, 4 ft. 9 in. Road opened January, 1878. Operated by the Charleston and Savannah J
fieceivts for year ending June 30, 1891.— Rental, $5,520 : other rec- -ipt?, $51.87— total, $5,574.87. Payn
penses and taxes, $903; interest on bonds, $2,680; dividend, $1.956.50- total, $5,539.50. Balance, surplus
year, $35.37. Surplus from last year, $760.47— total surplus, $795.84. Capital stock, $6.020 ; funded d
mortgage 8 per cent. 40-year bonds, due January 1, 1915, interest January and July, $33,500 ; interest due Jl
1891, $1,340 ; reserved for taxes, $600 : profit and loss, $795.84— total. $42,255.84. Contra : Cost of road, J
cash, $1,347; individuals, $1,388.84— total, $42,255.84. A. F. RAVKNKI.. l'n-»-i<(nit. Charleston, S. C. F
OFFICE AND ADDRESF, Charleston, S. C.

POOR'S MANUAL OF RAILROADS. Ill

Board of Directors, C. & S. Ry. Co., elected March 2, 1891.

XP\V York X Y ' H R- Memminger. Charleston. S.C. I A. F. Ravenel ..... Charleston, S. C.
H J" SStfes::::::^ ISE NIT! I W. H. Brawley?:.; - I Henry Sanford....XCw York, N.Y.

B. F. Newcomer ................................ Baltimore. Md.

H. B. PLANT, President ........... ' ..... 12 West 23d St., New York, N. Y.

H. S. Haines, Vice-President ......... Suvannali, Ga., and New York, X. Y.

. T Moultrie Lee . .Savannah, Ga. I Secretary— R. B. Smith ............... New York. N.Y.

verin(endent--C. S. Gadsden. .Charleston, S.C.I Auditor-J. E. Smith ................. Charleston, S.C.

PRINCIPAL OFFICE ................... ...................... Charleston, S. C.

CHARLESTON, CINCINNATI AND CHICAGO RAILROAD CO.

Lines of Road Completed December 31. 1891 :
Camden, S. C., to Marion, X. C.. and spurs (0.94 m.) 172.34

ichardson, Ky.. to White House, Ky 8.50

orth Carolina Line to Ellison's Mills, Tenn 32.34—213.18 miles.

idings, 12.49 miles. Gauge, 4 ft. 84- in. Rail (steel), 60^ Ibs.

History. — Chartered September 30, 1886, and road as above in operation in June, 1891.
The project is for a railroad from Charleston, S. C., to Ashland Ky., 620 miles; from Blackburg,
S. C., to Augusta, Ga., 140 miles, and from Lancaster, S. C., to Charlotte. X. C., 40 miles ;
a total of 800 miles. On February 13, 1888, the company was empowered by the Kentucky
Legislature to consolidate with the Chattaroi (now Ohio and Big Sandy) Ry. Co., owning a
railroad from Ashland to Richardson Ky., 50 miles, or to build an independent line to the
Ohio River ; and on March 28? 1888, a consolidation was effected with the Ohio, Kentucky
' and Virginia RR. Co., owning the line from Richardson to White House, Ky. Local aid to the
amount of about $1,500,000 was secured in exchange for an equal amount of stock. On Decem-
ber 10. 1890, a receiver was appointed in North Carolina and South Carolina; on December 26,
1890. in Tennessee ; and on February 20, 1891, in Kentucky. In February, 1891, D. H.
Chamberlain, receiver of the South Carolina RR., was appointed receiver of the road in
North Carolina and Soath Carolina. (See MANUAL for 1891.)

Rolling: Stock, June 30, 1891.— Locomotive engines, 11. Cars— passenger 10 ; baggage,
etc., '2 ; freight (box, 167 ; platform, 62), 229 — total cars, 241. This equipment was pur-
chased by the receivers and paid for with receiver's certificates, dated July 1, 1891.

Operations for year ending June 30, 1891. — Train mileage and traffic operations — no rec-
ord kept. Earnings— passenger, $46,922.69 ; freight, $102,528.85 ; mail, $7.562.46; express,
$1,409.91 ; other, $5,604.19— total, $164,028.10. Expenses — transportation, $35,098.36 ;
motive power, $47,773.73 ; maintenance of cars, $10.902.96 ; roadway and buildings, $72,-
356.65; general, $37,011.75— total, $203,143.45. Deficit, $39,115.35. Other charges : Inter-
est on bonds, $50,050 ; on debt, $6,660.86 ; taxes, $18,956.20 ; other, $4,468.94— total, $80,-
138.50. Deficit for year, sll9.253.85 ; deficit forward, $537,529.69— total, $656,783.54.

Financial Statement, June 30, 1891.— Capital stock ($20,000,000 authorized), $7,345,-
000; funded debt. $7,345,000 ; loans and bills payable, $73,043.55 ; receiver's certificates,
$35,000 ; current accounts, including amount due Massachusetts and Southern Construction
Co., for bond interest, rent of equipment, etc., $1,160.428.54— total, $15,958,472.09. Contra :
Cost of road. $15,160,978.13 ; equipment, $123,672.28 ; materials, $866.66 ; cash, $16,171.48;
profit and loss, $656,783.54— total, $15. .958, 472. 09.

Funded debt consists of 1st mortgage 5 per cent. $1,000 gold coupon bonds, dated
iAugust 2, 1887, due July 1, 1947, interest payable January, April, July, and October, at the
>ffice of the trustee, the Boston Safe Deposit and Trust Co., Boston, Mass. Authorized issue,
$2 o.OOO per mile. Annual meeting, second Thursday in October, at Charleston, S. C.

The company has under consideration a plan of reorganization with or without foreclosure,
which provides for the issue of $4,500,000 prior lien bonds and $13,000,000 5 per cent, con-
!*>ls. (of which $4,500,000 are to be set aside to retire the prior lien bonds) ; $2,500,000 of the
prior lien bonds to be issued at once — $780,000 for completing the road, and the remainder to
pay claims against the company and to provide for interest during construction and for

112 POOR'S MANUAL OF RAILROADS.

other contingencies. The remaining $2,000,000 prior liens can only be issued by consent
of a majority of 2d series bonds. Of the second series or consols., $7,845,000 will be used
to exchange for present outstanding bonds, dollar for dollar, and sufficient reserved to retire
the prior lien bonds. The consols, have voting power of ten votes to every $1,000 bond.

Directors (elected March 10, 1891).— Frank Coxe, Philadelphia, Pa.; Franklin Edwards,
North Wilbraham, Mass.; G. W. Bentley, C. J. Gray, W. G. Mclntyre, New York, N. Y.;
John Carlisle, Cincinnati, O.; H. K. Baker, Edward S. Brewer, D. N. Coats, Springfield,
Mass.; John Brearly, Chicopee, Mas.s.; John J. Collier, C. M. Ostrander, Brooklyn, N. Y. ;
John T. Wilder, Johnson City, Teiin.

FRANK COXE, President . . .Philadelphia, Pa.

G. W. Bentley, Vice-President New York, N. Y.

Comptroller— John J. Collier New York, N. Y. I Sec. in N. C.& S. C.— D. II. Chamberlain. Charleston, S.C.

Sec. and Treas.—H. K. Baker Springfield, Mass. Receiver in Tenn.—Sam. Tate, Jr. .Johnson City, Term.

Asst. Treasurer— W. G. Mclntyre. . . .New York, N. Y. | Receiver in Ky.—K. B. Harris New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS 45 Broadway, New York, N. Y.

Transfer Office Boston, Mass.

CHARLESTON, SUMTER AND NORTHERN RAILROAD COMPANY.

Main Line of Road. — Pregnals, S. C., to Bennettsville, S. C 121.5

Harlin City Branch : Vances S. C., to Harlin City, S. C 11.3

Pond Bluff Branch : Eutawville, S. C., to Ferguson, S. C 6.0—138.8 miles.

Sidings, 13.7 miles. Gauge, 4 ft. 8| in. Rail (steel), 56 and 60 Ibs.

History. — Chartered as the Eutawville RR. Co., January 3, 1885 ; under present title,
January 6, 1890. Road opened throughout, July 1, 1891. (See MANUAL for 1891.) In Jan-
uary, 1892, the president was appointed receiver.

Rolling" Stock, November 1, 1891. — Locomotive engines, 12. Cars — passenger, 10 ; bag-
gage, mail, and express, 3 ; pay, 1 ; freight (box, 174 ; platform, 100), 274— total, 288. The
company also operates 100 box cars and 13 gondolas under mileage contract.

Operations for year ending November 1, 1891 (average 100 miles). — Train mileage, pas-
senger and freight statistics not repotted. Earnings — passenger, $36,896.35; freight,
$91,350.06 ;' mail, $3,522.02; express, $1,311.40— total, $133,079.83. Operating expen
$127,163.69. Net earnings, $5,915.14.

Financial Statement, November 1, 1891. — Capital stock (authorized at rate of $12,000
per mile; par, $100), $1,328,000; funded debt, 1st mortgage 6 per cent. $1,000 20-year j
bonds, dated April 15, 1890. interest payable April 2 and October 2 (authorized at rate of
$15,000 per mile), $2,083,000— total, $3,411,000.

Annual meeting, second Tuesday in April, at Charleston, S. C. Trustee of bonds and |
registrar of stock : Atlantic Trust Co., New York.

Directors (elected April 14, 1891).— Charles E. Kiraball, New York, N. Y.; A. A. Hew-
lett, A. Ames Howlett, Syracuse, N. Y. ; John Harlin, W. Nelson Cromwell, A. N. Martin,
New York, N. Y. ; S. J. Pregnalls, Charleston, S. C.

Executive Committee : C. E. Kimball, A. N. Martin, A. A. Howlett.

CHARLES E. KIMBALL, President and Receiver New York, N. Y.

A. A. Howlett, Vice- President Syracuse, N. Y.

%*. cfc Treas.— Charles O. Thompson. .New York, N. Y. | Auditor— C. L. Martin Sumtcr, S. C.

PRINCIPAL OFFICE AND ADDRESS 52 Wall Street, New York, N. Y.

CHATTANOOGA AND LOOKOUT MOUNTAIN RAILWAY COMPANY.

.Line of Road. — Chattanooga, Tenn., to Top of Lookout Mountain 10.00 n

rr* v ('Union RR. of Chattanooga : Cravens to Mt. Junction 3.00 milt*.

' 1 Nashville, CJiattanoogaand St. Louis By. : Union Depot to Cravens. . 2.00 miles.-

Total length of line operated April 1, 1890 15.00 na

Sidings, 1 mile. Gauge, 4 ft. 8| in. Kail (steel), 60 Ibs.

History. — Chartered in February, 1887 : road opened throughout, January 19,

POOR'S MANUAL OF RAILROADS. 113

Kollinir Stock, April 1, 1891. — Locomotive engines (owned, 1 ; car trust, 2), 3. Cars —
ger, 8 ; baggage, mail, and express, 2 ; freight (platform, 3 ; coal, 5), 8 — total cars, 18.
Operations for year ending June 30, 1889 (latest reported).— Traffic statistics not re-
ported. Earnings, $8,639.03; expenses, $7,138.28; net earnings, $1,500.75. Paid interest

ds, $3,870. Balance, deficit, $2,369.25.

Financial Statement, June 30, 1889.— Capital stock (par, $100), $100,000 ; funded debt

• >rtgage 6 per cent. $1,000 coupon bonds, dated 1889, due 1909, intere&t January and

•uithorized, $200,000), $177,150; accrued interest on bonds not yet payable, $437.58;

other liabilities, $25,888.84 ; profit and loss, $401,063.17— total, $704,539.59. Contra : Cost of

-21d.U24.61 ; equipment, $56,293.24 ; stocks owned, $400,000 ; cash on band, $38,221.74

—total. $704,539.59. In April, 1890, the entire authorized amount of bonds was outstanding.

Annual meeting, first Tuesday in April ; books close ten days previously. Trustee of

bonds : Union Trust Co., Philadelphia, Pa., at whose office interest is payable. Registrar of

<. Secretary of the company.

Directors (elected April 9, 1890).— E. Watkins, John P. Richardson, Miss Florence
White-side, H. Whiteside, Gordon Lee, C. A. Lyerly, R. L. Watkius, J. M. Stone, W. O.
Peeples, Chattanooga, Tenn.

E. W ATKINS, President Chattanooga, Tenn.

H. Whiteside, Vice-President Chattanooga, Tenn.

/—Gordon Lee Chattanooga, Tenn. | General S>ipt.—H. P. Eagar Chattanooga, Ten

PRINCIPAL OFFICE AND ADDRESS Chattanooga, Tenn.

CHATTANOOGA SOUTHERN RAILWAY COMPANY.

Line of Road. — Chattanooga, Tenn., to Gadsden, Ala 86 miles.

Gauge, 4 ft. 8i in. Rail (steel), 56 Ibs.

History. — Chartered April, 1890; road completed as above in June, 1891. The company
uses 5.88 miles of track (included above) of the Chattanooga Union Ry., from Chattanooga
to the Georgia State Line. Receiver appointed January 21, 1892.

Rollins: Stock. — Locomotive engines, 2. Cars — passenger, 4 ; baggage, etc., 2.

Financial Statement. — Capital stock (authorized, $2,000,000, being at the rate of $15,000
per mile), outstanding, $1,440,000 ; funded debt (authorized, $15,000 per mile), outstanding,
11,440,000 1st mortgage 6 per cent. $1,000 bonds, dated 1889, due December 1, 1919, interest
payable June and December, at the office of the trustee, Central Trust Co., New York, X. Y.
i— total stock and bonds outstanding, $2,880,000. There is also a 2d mortgage for $1, OCX), 000,
jbut no bonds under it are outstanding. A plan of reorganization is under consideration.
Annual meeting in May.

J. W. BUBKE, Receiver Chattanooga, Tenn.

J. W. JAMES, President and Superintendent Chattanooga, Tenn.

-Franklin Harris Chattanooga, Tenn. | Auditor— B. J. Robertson Chattanooga, Tenn.

PRINCIPAL OFFICE AND ADDRESS Chattanooga, Tenn.

CHATEATJGAY RAILROAD COMPANY.

Line of Road. — Dannemora, X. Y., to Lyon Mountain, N. Y 18.01 miles.

Leased • \ Vhateaugay Ry.: Lyon Mountain to Saranac Lake, X. Y 38.89 miles.

(Plattsburgh & Dannemora RR. : Pittsburgh to Dannemora, N. Y. . .15.92 miles.

Total length of lines operated June 30, 1891 72.82 miles.

^'niings (owned, 9.71 ; leased, 1.24), 10.9o miles. Gauge, 3 ft. Rail (steel), 46 Ibs.

History.— Road from Plattsburgh to Dannemora, tuilt by the State, opened July 1,
; from Dannemora to Lyon Mountain, built by company, opened March 1, 1880. The
te road was turned over to the company to be operated by it at the nominal rental of $1
1 annum, in consideration of the company agreeing to carry supplies to the Dannemora
State prison free of charge.
8

114 POOR'S MANUAL OF RAILROADS.

Rolling Stock, June 30, 1891. — Locomotive engines, 11. Cars — passenger, 10' ; baggage,
mail, and express, 3 ; freight (box, 44 ; platform, 110 ; ore, 244 ; coal, 18 ; caboose, 2), 418 ;
other cars, 79 — total cars, 510. Leased equipment included in foregoing : 2 locomotives. 3
passenger, 6 box, and 9 flat cars.

Operations for year ending June 30, 1891.— Train mileage— passenger, 66.200 ; freight,
162,011 ; other, 155— total, 228,366 miles. Passengers carried, 42,152 ; carried one mile,
1,710,946 ; average mile rate, 4.03 cents. Tons freight moved, 208.06? ; moved one mile,
6,118,812 ; average ton-mile rate, 2.15 cents.

Expenses.-— Transportation $67,928 08

Motive Power .1

Maintenance of Car* )~ '

Maintenance Way and Buildings. 34,903 27
General . 8.759 61

Earnings.— Passenger $69,096 18

Freight 132,152 98

Mail 5,043 12

Express 6,179 45

Miscellaneous 4,362 60

Total ($2,977.67 per mile) $216,834.33

Total ($1,866.15 per mile) $135,893

Net earnings (3t.33 per cent.), $80,941.13. Payments: Rentals leased lines, (Chateau-
gay Ry., $12,000; Pittsburgh and Dannemora RR,, $1), $12,001; taxes, $2,759.39— total, !
$14,760.39. Balance, surplus, $66.180.74 ; surplus forward, $482,374.41— total, $548,555.15.

Financial Statement, June 30, 1890. — Capital stock (par, $100), $75,000 ; profit and loss,
$548,555.15— total, $623,555.15. Contra : Cost of road, real estate, and buildings, $251,535.96;
equipment, $194,347.58; materials and fuel, $29,091.08; current accounts, $148,580.53—
total, $623,555.15.

Annual meeting, May 30, at Plattsburgh, N. Y. Registrar of stock, the secretary.

CHATEATJG-AY RAILWAY.— Lyon Mountain to Saranac Lake, N. Y., 38.89 miles. Chartered
April 2, 1886 ; road opened from Lyon Mountain to Loon Lake, 20.03 miles, November 15, 1886 ; remainder of i
road completed December 5, 1887. Leased to the Chateaugay RR. Co. ; rental, interest on bonds. Financial \
Statement, June 30, 1891.— Capital stock (par, $100), $168,000 ; funded debt, 1st mortgage 6 per cent. 20-year bonds, j
dated August 1, 1887, interest payable February and August, $200,000— total, $368,000, representing cost of road j
and equipment. SMITH M. WEED, President ; A. L. Inman, Secretary and Treasurer, Plattsburgh, N. Y.

Directors C. RR. Co. (elected May 30, 1891).— A. L. Inman, Francis J. Dominick. Smith !
M. Weed, Plattsburgh, N. Y.

SMITH M. WEED,- President Plattsburgh, N. Y.

Treasurer— Andrew Williams Plattsburgh, N. Y. | Secretary— A. L. Inman New York, N. Y

PRINCIPAL OFFICE AND ADDRESS Plattsburgh, N. Y.

Transfer Office 21 Cortland St. , New York, N. Y.

CHAUTAUQTTA LAKE RAILWAY COMPANY.

Main Line of Road.— Jamestown to W. N. Y. & P. RR. Jc., N. Y.. . .21.17

Branch : Mayville to Chautauqua, N. Y 2.68

Trackage : W. N. Y. & P. RR., C. L. Ry. Jet. to Mayville, N. Y 1.20—25.05 miles.

Sidings, etc., 2.25 miles. Gauge, 4 'ft. 84- in. Rail (steel, 23.34 miles), 60 Ibs.

History. — Organized September 27, 1886 ; road opened as above, July 25, 1887. On
September 28, 1887, the Mayville Extension Ry. was absorbed and stock exchanged share
for share. (See MANUAL for 1890, page 89.) Receiver appointed July 26, 1890.

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 2 ; excursion,
5 ; combination, 2 ; freight (box, 3 ; platform, 2), 5— total cars, 14.

Operations for year ending June 30, 1891. — Train mileage — passenger, 38,499 ; freight.
17,312; other, 3,153— total, 58,964 miles. Passengers carried, 49,223; carried one mile, |
710,257 ; average mile rate, 2. 10 cents. Tons freight moved, 41,358 ; moved one mil*
154 ; average ton-mile rate, 2.59 cents.

Earnings.— Passenger $14,917 52

Freight 16,11798

Mail and Express 1,38845

Miscellaneous 148 92

Total ($1,300.31 per mile) $32,572 87

Expenses.— Transportation $16,976 i

Motive Power 1,537 %

Maintenance Way and Cars 5,843 11

General '. 0,914 84 '

Total ($1,248.35 per mile) $31. -1'

Net earnings (3. 99 percent.), $1,301.63. Paid interest on receiver's certificates. $1,32
rent of rolling stock, $4,066.63 ; taxes, $2,068.41— total, $7,456.36. Deficii, $6,154.73.

POOR'S MANUAL OF RAILROADS. 115

Financial Statement, September 30, 1889 (latest furnished}.— Capital stock (authorized,
$800,000; par, $100), $600,000; funded debt, $513,000: accrued interest on bonds, $54,-
202.50 ; audited vouchers and pay rolls, $8,280.29 ; current accounts, $12,729.16 ; sundries,
$80.72 ; bills payable, $18,486.71— total, $1,206,738 38. Contra : Cost of road, $1,024,049.89 ;
equipment, $53,130.54 ; materials and fuel, $328 ; cash on hnnd, $13,389.12 ; open accounts,
$3,649.88; unadjusted account with contractor, $38,791.91; profit and loss, $73,399.04—
total, $1,206,738.38.

Funded debt consisted, September 30, 1889, of the following :

1st intire. 5 p. c. 50-year §1.000 coupon bonds, dated Jan. 1, 1887, int. Jar. and July (authorized, $800,000) . $477,000
Equipment nitge. 6 p.c., $250, etc., coupon bds., dated June 30, 1888, due 1889-90, int. J. & J. (auth., $40,000) 36,000

Receiver's Account, June 30, 1891. — Receiver's certificates, $41,500; current accounts,
$4.786.37 ; audited vouchers and pay rolls, $6,321.80— total, $52,608.17. Contra : Construc-
tion, $5,110.96: equipment, $26,226.44 ; materials an'd fuel, $1,039.64; due by agents, $2,-
163.47; current accounts, $3,239.50; cash, $5,670.85; profit and loss, $6,154.73; disburse-
nts account of C. L. Ry. C(* over receipts from its assets, $3,002.58— total, $52,608.17.
e receiver's certificates bear 6 per cent., payable January and July.

Annual meeting, first Tuesday in August, at Jamestown, X. Y. Trustee of bonds : 1st
rtgage, Mercantile Trust Co., New York, N. Y.; equipment mortgage, Union Trust Co.,
Philadelphia, Pa. Voting power attaches to stock after one hour's ownership. Registrar of
stock, Mercantile Trust Co., New York. X. Y.

Directors. — Geo. H. Burt, Boston, Mass.; Burnham G. Stickney, Geo. Hoffman, Xew
York, X. Y.; R. G. Wright, E. A. Skinner, F. B. Brewer. Westfield, X. Y.; A. X. Broad-
head, 0. E. Jones, F. E. Gifford, Erie L. Hall, John Cadwell, R. X. Marvin, William Tew,
Jamestown, X. Y.

W. E. GRIGGS, Receiver and General Manager Jamestown, X. Y.

JOHN CADWELL, President " "

Yicc-Premletit—F. B. Brewer Jamestown, N. Y. | Sec. and Treas.— Daniel H. Post Jamestown. X. Y.

PRINCIPAL OFFICE AND ADDRESS. . . .Jamestown. X. Y.

CHERAW AND DARLINGTON RAILROAD COMPANY.

Line of Road.— Florence, S. C., to Cheraw, S. C 40 miles.

Sidings, etc., 3.17 miles. Gauge, 4 ft. 9 in. Rail— iron, 45 ; steel (24.65 miles), 56 Ibs.

History. — Chartered December 19, 1849 ; road opened Xovember 29, 1853.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 3 ; express
and postal, 1 ; caboose, 3 ; freight (box, 13 ; platform, 13), 26— total cars, 33.

Operations for year ending June 30, 1891. — Train mileage, passenger and freight move
ment, not reported. Passengers carried, 42,832. Earnings — passenger, $23,741.23 ; freight,
$86,576.64 ; mail, $2,544.96 ; other, $2,430.26— total, ($2,882,31 per mile), $115,292.49. Ex-
penses—transportation, $23,293.10 ; motive power and cars, $10,471.34 ; maintenance of way,
'.370.33 ; general, $6,525.02— total ($1,766.49 per mile), $70,659.79. Xet earnings (38.72
percent.), $44,632.70.

Receipts and Disbursements for year ending June 30, 1891.— Balance on hand, July 1,
^890, $22,975.44; earnings, $115,292.49; interest on cash balances, $927.53— total, $139,-
195.46. Contra : Operating expenses, $70,659.79 ; coupons, October and April, $11,800 ;
dividend, 3 per cent., December, 1890, $11,763; cash assets. June 30, 1891, $44,972.67— total,
1189,195.46.

Financial Statement, June 30, 1891.— Capital stock (par. $50), $392,100; funded debt,
16,500; current liabilities, $36,007.21; profit and lo.-s, $98,121.23— total, $762,728.44.
'ontra : Construction and equipment, $680,000 ; real estate, $382.56; stocks owned, $1,366 ;
current accounts, $7,604.17; cash on hand, $73,375.71— total, $762,728.44.

Funded debt consists of $500 old 1st mortgage 8 per cent, bonds, matured April 1, 1888,
&236..000 1st mortgage 5 per cent. 50-year coupon bonds, dated March 1, 1888, interest
payable April andSOctober.

116 POOR'S MANUAL OF RAILROADS.

Trustees of bonds, Robert Adger, Edward McCrady, and E. H. Frost. Interest payable
at the People's National Bank, Charleston, S. C., and at the treasurer's office. Annual meet-
ing, Thursday after third Monday in November, at Florence, S. C.

Directors (elected November 19, 1891). — B. F. Newcomer, Baltimore, Md.; Thomas
Frost, Charleston, S. C. ; H. D. M alloy, Cheraw, S. C.; J. F. Divine, W. G. Elliott, Wil-
mington, N. C.; J. J. Lucas, W. C. Coker, W. A. Carrigau, Society Hill, S. C.

A. F. RAVENEL, Preside)tt Charleston, S. C.

H. Walters, Vice-President and General Manager Baltimore, Md.

Sec. and Treas.—J. H. Mclver Cheraw, S. C. | General Supt.—Jno. F. Divine Wilmington, N. C.

PRINCIPAL OFFICE AND ADDRESS Cheraw, S. C.

CHERAW AND SALISBURY RAILROAD COMPANY.

Line of Road.— Cheraw, S. C., to Wadesboro', N. C 25 miles.

Gauge, 4 ft. 9 in. Rail (steel), 45 Ibs. per yard.

History. — Chartered in 1857 ; road opened in 1880. Operated by C. & D. RR. Co.

Operations for year ending June 30, 1891. — Train mileage and freight traffic not reported.
Passengers carried, 6,077. Earnings— passenger, $3,649.91; freight, $20,672.29; mail, ex-
press, and other, $2,190.22— total, $26,512.42. Operating expenses, taxes, etc., $17,328.33.
Net earnings, $9,184.09.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $599,250; funded debt,
$160,000 ; certificates of indebtedness, $21,595 ; unpaid interest on bonds, $50,400 ; on cer-
tificates of indebtedness, $6,802.12 ; current accounts, $29.03— total liabilities, $838,076.15.
Contra : Cost of road, $782,561.45 ; real estate, $1,279; current accounts, $12,696.78; profit
and loss, $41,538.92— total assets, $838,076.15.

Funded Debt : First mortgage 7 per cent, bonds, 1879-1910, interest April and October,
$160,000; 7 percent. 10-year certificates of indebtedness, due in 1892, interest April and
October ($22,400 authorized), $21,595. Interest is payable at People's National Bank,
Charleston, S. C., and at the office of the company, Cheraw, S. C. Interest on funded debt,
due September 30, 1886, was paid on October 1, 1886 ; no payments have since been made.

Directors (elected November 20, 1890).— W. T. Walters, B. F. Newcomer, H. Walters,
Baltimore, Md. ; J. A. Leak, J. F. Divine, W. G. Elliott, Wilmington, N. C. ; W. C. Coker,
Society Hill, S. C.; A. Canale, C. Kollock, Charleston, S. C.

A. F. RAVENEL, President Charleston, S. C.

General Manager— H. Walters Wilmington, N. C. I Secretary— 3. H. Mclver Cheraw, S. C.

PRINCIPAL OFFICE AND ADDRUSS Cheraw, S. C.

CHESAPEAKE AND OHIO RAILWAY COMPANY.

Main Line of Road. — Fortress Monroe, Va., to Cincinnati, 0 665.46 miles.

James River Division : Richmond to Clifton Forge, Va., via Lynchburg 232.04 miles.

Branches and Extensions to Mines, etc., as shown below 46.95 miles.

Leased : Virginia Midland Ry., Gordonsville to Orange, Va 9.00 miles.

rp , ( Virginia Midland Ry. , Orange, Va., to Alexandria. Va 81 .00 miles.

Kage : -j Washington Southern RE., Alexandria, Va., to Washington, D. C. 3.50 miles.

Total length of lines operated June 30, 1891 1,037.95 miles.

2d track, 35.75 ; sidings, 292.47 miles. Gauge, 4 ft, 9 in. Rail (steel), 62 and 75 Ibs.
Statement of mileage as operated by divisions :

Peninsula Division : \ Washington Division :

Fortress Monroe to Richmond, Va 85.10 m. Gordonsville to Washington 93.0.") in.

Richm/md Division : Huntington Division :

Richmond to Clifton Forge, Va 19:3.28

Victoria Branch 1 .42

Mineral City Branch 3.83—198,53 m.

.Jam-ex River Division :

Richmond to Clifton Forge, Va 232.04

Bremo to Arvonia, Va 4.37

Gayton Mines Branch 1 .00

Balcony Falls to Lexington 20.28—257.69 m.

Clifton Forge, Va., to Ashland, Ky. 241.83

Riverview Branch 3.66

Hawk's Nest Branch 3.45—248.94 m.

Cincinnati Division :

Ashland. Ky., to Cincinnati, O . . . .145.25
Kiimiconnick Branch 8.94-154.19 m.

Total of line? operated June 30, 1891 ..1,037.95m.

POOR'S MANUAL— CHESAPEAKE AND OHIO RY. CO. 117

The line from Big Sandy River, Ky. (513 miles from Fortress Monroe), to Cincinnati. O.,
consists of 7.41 miles of the Elizabethtown, Lexington, and Big Sa^idy Railroad, from the Big
Sandy River to Ashland, Ky.. over which the company has a trackage arrangement ; the
itle and Big Sandy Railroad, from Ashland to Covington, Ky., 143 miles, and the Cov-
intrton and Cincinnati Elevated Railroad and Transfer and Bridge Company from Covington
to Cincinnati. 2 miles, both operated and controlled by the Chesapeake and Ohio Ry. Co. The
lease of the Virginia Midland Co.'s line from Gordonsville to Orange dates from March 1,
1801. and the trackage arrangement for the use of the rest of the Washington Division from
April 1. 1891.

History. — Reorganization without foreclosure, October 1, 1888, of a company of the same
name, whose property had been in the hands of a receiver since October 28, 1887. (See
MANUAL for 1888, page 603 ; also MANUAL for 1891, page 104.) The Cabin Creek Branch,
from Cabin Creek, W. Va., to Coal Mines. 18 miles, and the Freestone Branch, from Stone
City, Ky.. to Stone Quarries, 8.94 miles, both controlled by this company, are operated inde-
pendently, the former by the Kanawha Ry. Co. and the latter for account of the Kinnicon-
nick and Freestone RR. Co. Since the close of the fiscal year the Craig Valley Branch, from
Bessemer to Craig City, Va., 26£ miles, and the Warm Springs Valley Branch, 25 miles, have
been completed and put in operation.

Rolling Stock, .June 30, 1891. — Locomotive engines, 252. Cars — passenger, 77 ; combi-
nation, 14 ; parlor, 2 ; sleepers, 2 ; baggage, mail, and express, 43 ; dining, 5 ; observation,
2; officers', 6 ; freight (box, 4.904 ; stock, 275 ; flat, 800 ; gondola, 1,000 ; coal and caboose,
4.174), 11,153 ; road and repair, 377— total cars, 11,681.

Operations for year ending June 30, 1891 (average, 958 miles).— Train mileage — passen-
ger. 1.999,103 ; freight, 4,313,391 ; switching, 1,838,460 ; other, 393,944— total, 8,544,898
miles. Passengers carried, 1,692,072 ; carried one mile, 81.908,154 ; average rate per miler
2.155 cents. Tons freight moved, 4,166,102; moved one mile, 1.135943,311 ; average ton-
mile rate, 0.525 cent.
Karn in gs.— Passenger $1.765.298 8! Expenses.— Transportation $2.436.242 58

. Freight 5,963.516 03

Mail 120,567 18

Express 90,487 71

Maintenance Equipment 1.212,250 63

Mainten. Way & Structures... 1.429,889 14
General and Traffic 361,319 19

Miscellaneous 187,241 36 Terminal and Bridge 480,656 71

. Total (S8.483.41 per mile) $8,127,111 09 I Total ($6,179,98 per mile) §5,920,418 2O

Net earnings (27.15 percent.), $2,206,692.89; add balance of sundry rentals, etc,, $18,-
520.89— total net revenue, $2,225,213.78. Payments : Interest on honded debt, $1,654,-
288.83 ; on Allegheny Car Trust, $18,200 ; on equipment trust bonds, $35,340 ; on Man-
chester bonds, $3,900 ; on C. & O. Elevator bonds, $33,400 ; interest, discount, and exchange,
including interest on equipment notes, $69,144.95; taxes, $163,100.90; trackage rent-
; 1,608.83 ; loss operating grain elevator, $16,419.54— total, $2,005,403.05. Balance,
surplus, $219,810.73. Deficit from last year, $386,021.32 ; old balances written off, $23,693.8&
—total, $409,715.18. Net deficit as per general balance sheet, $189,904.45.

The interest charges of the company for the coming year (including interest on all
5 per cent, consolidated mortgage bonds sold for construction purposes, but not yet de-
livered) are:

<n $2,287,00000 Purchase Money . c. on $400,000 00 Warm Springs Val-

Bonds $137,220 CO ley Br. 1st Mtsre. . . 20,00000

p. c. on §2,033.729 17 Bonds of 1908 .... 122.023 75 6 p. c.'on $10,000 00 Elevator Bonds . 600 00

J. c. on 2,000,000 00 Bonds of 1911 .... 120,000 00 4 p. c. on 820,000 00 Elevator Bonds ... 32.80000

«> P- c. on 2,658 89 Bonds of 1918 .... 159 53

6 p. C. on 142.100 00 Bonds of 1922 . . . 8,520 00

p. c. on 22,096,000 00 Consol. 5s 1,104,800 00

p. c. on 474.000 00 Equipment Bonds. 28,440 00
n 1,000.000 00 James River DiT.

let Mtge J 40.00000

2 P- c. on $5.000,000 00 James River Div.

l*tMtge 100,000 00

4 p. c. on Si, 000,000 00 James River Div.

M Mtge 40,000 00

» P- c. on $650,000 00 Craig Valley Br.

?e 32.500 00

6 p. c. on 170,000 00 New River Bridge

Bonds 10,20000

5 p. c. on $323.000 OOAUegh'y Car Trusts 16,150 00

fi p. c. on 900.000 00 Equipment Notes. 54.000 00

8 p. c. on 60,200 00 Manchester Bonds 4,816 00

5 p. c. on 36,000 00 Manchester Bonds 1.800 00

$1,874.029 28

Rentals, etc., are, say (net) 30,000 00

Total Annual Charges $1 ,904,029 28-

118

POORS MANUAL — CHESAPEAKE AND OHIO RE. CO.

General Balance Sheet, June 30, 1891.

Cost of Sundry Securities

Materials and Supplies

Cash Deposit to Pay Coupons

Cash to pay for C. V. Branch Balance. . .

Due by Coal Agencies

Current Accounts and Balances

Cash on Hand

Profit and Loss...

Total Assets

Statement of funded debt outstanding June 30, 1891 :

5109,218,096 18
426,493 55
362,551 12
218,720 73
44,697 52
520,475 58
731,697 69
82,142 44
189,904 45

First Preferred Stock
Second Preferred Stock
Common Stock
Funded Debt

. $13,000,000 00
. 12,000,000 00
. 4li.000,000 00
. 36, H5 1,588 06
323,000 00
. 1,010,190 18
75,238 24
474,802 25
1,053,4(53 27

Allegheny Car Trust Obligation
Equipment Notes

Real Estate Notes

Unpaid Coupons and Accrued Interest.
Current Liabilities

Bills Payable
Total Liabilities

906,497 26

111,794,779 26

.$111,794,779 26

Description of Bonds.

Date.

Interest.

Principal
Due.

Amount.

Purchase Money Funding Gold ....

July 1, 1878
July 1. 1878
Jan. 1, 1881
July 1, 1878
June 1, 1882

6 p. c.
6 p. c
6 p. c
6 p. c
6 p. c
6 p. c
4 p. c
(2 p.
(4 p.
\ 3 p.
j 4 p.
5 p. c.
5 p. c.
6 p. c
8 p. c
5 p. c

, Jan. & July
, April & Oct.
, April & Oct.
, Jan. & July
, June & Dec.

, Jan. & July
c. for 4 yrs. & /
c. thereafter. \
c. for 1 yr. & /
c. thereafter. \
, May & Nov.
, Jan. & July

July 1, 1898
July 1, 1908
Jan. 1, 1911
July 1, 1918
June 1, 1922

$2,287,000 00
2,033,729 17
2,000,000 00
2,658 89
142,000 00
474,000 00
1,000,000 00

5,000,000 00

1,000.000 00

22,096,000 00
650,000 00
170.000 00
60,200 00
36,000 00

1st Mortgage Gold, Series A ...

1st Mortgage Gold, Peninsula Extension
2d Mortgage Currency

1st Mortgage Gold, Terminal
Equipment Trust

1st Mortgage R. & A. Div

Jan. 1, 1890
Jan 1 1890

Jan. 1, i989
Jan. 1, 1989

Jan. 1, 1989

May 1, 1939
July 1, 1940

1st Mort^a^e R & A. Div

2d Mortgage R. & A. Div ...

June 1, 1890

Jan. 1. 1889
May 29, 1890

1st Consolidated Mortgage Gold

1st Mortgage Craig Valley Branch

New River Bridge Co. Bonds. Guaranteed

Manchester City Bonds

Manchester Improvement Bonds

The Purchase Money Funding bonds were issued in exchange for purchase money obli-
gations, and are secured by a mortgage upon the property and franchises of the company be-
tween Richmond and Huntington. Trustees, Joseph Bryan and Henry T. Wickham. Listed
on New York Stock Exchange.

The first mortgage gold bonds of 1908, series A, are secured by a mortgage on the
main line between Newport News, Va., and Richmond, subject to the prior lien of the
Purchase Money bonds. Trustee, Central Trust Co., New York. Listed on New York Stock-
Exchange.

The Peninsula Extension bonds are secured on the line from Pho3bus to Richmond, 75
miles. They are $1,000 coupon bonds, with provision for registration of principal. They were
issued to provide means for the extension of the road from Richmond to Newport News.
Trustee : John Hillhouse and E. St. John. Listed on New York Stock Exchange.

The Terminal bonds are secured on the extension from Newport News to Phoebus and
terminals at the former place. They are $500 and $1,000 bonds, and coupon with provision
for registration of principal. Trustees : J. P. Lloyd and F. H. Davis.

The Equipment Trust bonds were issued and are payable at various dates, and bear 6 per
cent, interest, payable also at various dates. Trustee, Metropolitan Trust Co., New York.

The first consolidated mortgage bonds were issued under the provisions of the plan of
reorganization, and cover the entire old line of the company, and also (b.v deposit with trustee
of the stocks and bonds issued by the companies owning them and belonging to the C. & (>..
as above stated) the extension from Ashland to Covington and the bridge across the Ohio River
from Covington to Cincinnati. Of the total issue, $6,979,000 are reserved to meet prior 1
and $1,000,000 for future needs of the company ; but the latter amount cannot be issued
while the voting trust, provided in the plan of reorganization, shall continue, unless author-
ized by the board of directors and the voting trustees, and are thereafter only to be used for
the purchase of rolling stock, for betterments, for new construction or purchase of property.
The coupon bonds are for $1,000 each, and may be registered as to principal, or may be ex
changed for full registered bonds of $500, $1,000, and $10,000 each. Trustee of mortgage

POOR'S MANUAL — CHESAPEAKE AND OHIO RY. CO. 119

I and registrar of transfers of registered bonds, Central Trust Co., New York. Listed on New
York Stock Exchange.

The first and second consolidated mortgage bonds on Richmond and Alleghany Ry. Divi-
sion (now called James River Division) were issued as part of the purchase price of the
Ry. and property. They are $1,000 each, with provision for registration of principal.
Trustees of both mortgages, Central Trust Co. of New York, N. Y., and Henry T. Wickham
.1 on New York Stock Exchange.

The Craig Valley Branch bonds were issued for the Craig Valley Extension. They are
$1,000 gold coupon bonds, with provision for registration of principal. Trustees : Central
Trust Co. of New York, N. Y., and Decatur Axtell, Richmond, Va. Listed on the New York
Stock Exchange.

The $1,000.000 first preferred stock and $6,000,000 common stock, issued at time of
purchase of the R. & A. RR., have been delivered to J. Pierpout Morgan, John Crosby Brown,
and Cieorge Bliss, voting trustees, pursuant to the plan of reorganization of the C. & 0. Ry.
Co.. and they have issued their certificates of beneficial interests to the parties entitled
thereto. The R. & A. Div. first consolidated mortgage bonds and the R. & A. Div. second
consolidated mortgage bonds are listed on the New York Stock Exchange.

Provision has been made for an issue of 4-J- per cent. 100-year general mortgage gold bonds
ito the amount of $70,000,000, of which $33,000,000 will be reserved to pay off bonds issued
or to be issued under all existing mortgages (excepting the bonds of the Richmond and
jAlleghany Division) and for equipment notes ; about $13,000,000 will be issued in exchange
|for preferred stock under the terms stated below, and the balance will be applied to additions
and improvements. First preferred stock will receive two-thirds of its face value in new
'bonds and one-third in common stock, and 2d preferred will receive one-third in bonds and
two-thirds in common stock. For the purpose of the adjustment with preferred stockholders
and for other needs it is proposed to increase the common stock by not exceeding $15,000,000.
Provision is made for an additional issue of the new bonds to an average amount of not ex-
peeding $25,000 per mile for double tracking. The new bonds are dated March 1, 1892, inter-
est payable March and September. The bonds issued for preferred stock will bear interest
rom July 1, 1892.

On January 15, 1892, the company entered into an agreement for the purchase of the
Slizabethtuwn, Lexington and Big Sandy RR., the purchase also including the Ohio and Big
Sandy RR. The company will issue one share of its common stock for every two of Big
^andy stock ; $1,000 common stock for every $1,000 debenture of the Big Sandy Co., and one
v general mortgage 4i per cent, bond for every 6 per cent. 1st mortgage bond of the Big
Sandy Co. The securities of the Big Sandy Co. so exchanged will be deposited as additional

ty for the new general mortgage bonds.

Annual meeting, Tuesday preceding last Tuesday in October, at Richmond, Va. ; books
lose about three weeks in advance of and reopen day after annual meeting. Interest on all
x>nds payable at the office of Drexel, Morgan & Co., New York. Voting power attaches to
tock immediately after transfer. Stock, trust certificates, common and preferred, listed on
N'ew York Stock Exchange. Transfer agent, Drexel, Morgan & Co., New York, N. Y.

AUXILIARY COMPANIES.

MAYSVILLE AND BIG SANDY RAILROAD. -Ashland, Ky.. to Covington, Ky., 143.04 miles,
6.9 ; sidings, 33.7 miles. Rail (steel), 75 ll>s. Chartered December 18, 1850. and by subsequent acts.
A completed and opened for business January 3, 1889. Operated at cost by Chesapeake and Ohio Railway,
lowns $5,000,000 stock and all the bonds. Earnings, 1890-91. $954.007.21 : expenses and taxes, $874.045.45 ;
irmngs, $79,981.76. Amount due C'. & O. Ry. Co., June 30, 1890. for advances, etc., $1,981,301.77. Balance
•I, §1.901,3-40.01. Financial Statement, June 30, 1891. Capital stock, §7,500,000 ; funded debt, 1st
?e 5 per cent. 50-year $1.000 coupon bonds, due February 1, 1938. interest payable February and August in
jrk, §7,500.000 ; unfunded debt, $1,901,320.01— total, $16,901,320.01. Contra : Cost of road and equipment.
L408.98 ; profit and loss, $1.221.911.03. Trustee of bonds. Union Trust Co.. Xew York. M. E. INGALLS,
•: 3. C. Davie. Secretary and Treasurer, Cincinnati, O. GENERAL OFFICE. Cincinnati, O. ; Transfer

xv COVINGTON AND CINCINNATI ELEVATED RAILROAD AND TRANSFER
BRIDGE COMPANY.— Lint <>f Ron>l : Covington, Ky., to Cincinnati. Ohio. 2.96 miles, embracing
iio River and large terminals in Cincinnati and Covington. This company is a consolidation,
TJWJI '2. 1886, of a company of the same name, of Kentucky, and the Ohio and Kentucky Bridge Co.,

d January 3, 1889. (See'MANUAi. for 1891.)' Operated at cost| by Chesapeake and Ohio Railway Company

120 POOR'S MANUAL OF RAILROADS.

which owns all the stock and bonds, viz., $3,500,000 5 per cent. 50-year $1,000 coupon bonds, due October 1, 1937, <
interest April and October, at New York, and $1,500,000 stock. Trustee, Metropolitan Trust Co., New York.
M. E. INGALI.S, President, Cincinnati. O.

GREENBRIEB AND NEW RIVER RAILROAD COMPANY.— Line of Road : From a
point opposite Riverview, West Virginia, along ^outh bank of New Eiver to coal mines, about 3 miles. Char- :
tered August 3, 1881. Capital stock, $100,000 ; all owned by Chesapeake and Ohio Railway Company. No bonds.
M. E. ING ALLS, Presiifmt.

CHESAPEAKE AND OHIO GRAIN ELEVATOR COMPANY owns Elevator at Newport
News. Chartered July 12, 1882. Operated at cost by C. & O. Ry. Co. Capital stock, $500,000, of which Chesa-
peake and Ohio owns $480,000. Bonded debt, $10,000 old 6 per cent. 21-year $1,000 coupon bonds due October 1,
1903, interest April and October at New York (trustees, Alex. E. Orr and Alfred M. Hoyt), $820,000 4 per cent.
first mortgage 50-year $1,000 coupon bonds, due October 1, 1938, interest April and October at New York (tru-
Central Trust Co., New York), principal and interest guaranteed by Chesapeake and Ohio Railway Company ;
$450,500 4 per cent, income mortgage 100-year $1,000 coupon bonds, due October 1, 1988, interest payable October
1, if earned. Trustee, Central Trust Co., New York. M. E. INGALLS, President, Cincinnati, O.

Board of Directors, Chesapeake and Ohio Ry. Co., elected October 20, 1891.

M E Ingalls Cincinnati, O. I George T. Bliss. . . .New York, N. Y.

W.P.Anderson " ;' C. D. Dickey, Jr. .

C. H. Coster New York, N. Y. ] C. P. Huntington .

Samuel Spencer. . .New York, N. Y.

Dccatur Axtell Richmond, Va.

H. T. Wickham .... "

MELVILLE E. INGALLS, President Cincinnati, O.

George T. Bliss, Vice-President New York, N. Y.

Decatur Axtell, 2d Vice-President Richmond, Va.

Treasurer— T. O. Barbour Richmond, Va. I General Manager- -G. W. Stevens Richmond, Va. I

Sewetary—C. E. Wellford " | Auditor— L. F. Sullivan

PRINCIPAL OFFICE AND ADDRESS (Operating Department) Richmond, Va.

Executive Office Cincinnati , O.

Transfer Agents Drexel, Morgan & Co., 23 Broad Street, New York City.

CHICAGO AND EASTERN ILLINOIS RAILROAD COMPANY, AND
CHICAGO AND INDIANA COAL RAILWAY COMPANY.

LINES OWNED :

Main Line : Dolton, 111., to Danville, 111 107.21

Wellington Branch : Cissna Park to Wellington, 111 11.36

Grape Creek Division : Danville Junction, 111., to Tuscola, 111 50.16

Chicago and Indiana Division : Momence J'ct,, 111., to Ind. State Line. 11.35— 180.08 miles.

LINES LEASED :
JSmnwitte, Terre Haute and Chicago Ry. : Danville Junction, 111., to

Otter Creek Junction, Ind 48.58

Indiana Block Coal RR. : Otter Creek Junction to Brazil, Ind 12.62— 61.20 miles.

PROPRIETARY RAILROAD :

Chicago and Indiana Coal Ry. : Brazil, Ind., to La Crosse, Ind 144.75

Chicago and Indiana Division: Percy Junction, Ind., to 111. State Line. 19.88

Coal Branches: OtterCreek, 1.53; Casey, 4.41; Coxville, 1.16 ; Mecca, 2. 57 9.67—174.30 miles.

LINES OPERATED UNDKR TRACKAGE RIGHTS :

Chicago and Western Indiana RR. : Chicago to Dolton, 111 16.99

Evansntte and Terre Haute RR. : Otter Creek June, to Terre Haute, Ind. 6.10— 23.09 miles.

Total length of lines operated June 30, 1891 - .488.67 miles. ;

2d track, 32.92 ; sidings, 157.68 miles. Gauge, 4 ft. 8i in. Rail (steel), 52 to 65 Ibs.

History. — The Chicago and Eastern Illinois Railroad Company is successor to the C
cago, Danville and Viucennes RR. Co., whose road was sold under foreclosure in 187?
MANUAL for 1888, page 365). The Chicago and Indiana Coal Railway Company is a consoli-
dation, April 14, 1886, of tlie Chicago and Indiana Coal and the Indiana Ry. Cos. For hi.-4ory(
of those companies, see MANUAL for 1888, page 365.

The Chicago and Eastern Illinois RR. Co. owns one-fifth interest in the Chicago and;
Western Indiana RR., and uses its lines from Dolton, 111., to secure an entrance into ChicagoJ
Annual rental, $99,450, the additional rental ($43,200 over former years) carrying the
ownership.

The contract, with the Chicago and West Michigan Ry. Co. was abrogated duripg the past
year, and the company does not now run its trains over that company's road.

Since the close of the fiscal year an extension from Tuscola, 111., to Shelbyville, 111., 40.7J
miles, has been put in operation.

^ ^oirez ^^ff^^^m^p7^^^:
r1 tr TV*1 A r^ o \ \ HraT"ae?ff^ *^& t* '•fJ&z&L111* I

N^--M *y/x!y ; i">Cv'^ ^i/N ^

EASTEEX ILLINOIS

RAILROAD SYSTEM

.A.v,

c
!City'T V^ *o'

MT^

POSEY-^JW ;« ^>f p ""ff.»
ViLLE/\l/ *;5&«S?

/-E^_-??PE V A N S V t L U E

E

«d

122 CHICAGO & EASTERN ILLINOIS RR. CO., AND CHICAGO & INDIANA COAL RY. CO.

Rolling Stock, June 30, 1891. — Locomotive engines, 105. Cars — passenger, 65 ; baggage,
mail, and express, 19 ; freight (box, 1,907 ; platform, 219 ; stock, 206 ; coal, 6,024; refriger-
ator, 91 ; furniture, 50 ; caboose, 50), 8,547; other cars, 25 — totai cars, 8,656.

Operations for year ending June 30, 1891. — Train mileage — passenger, 708,801 ; freight,
1,379,309; mixed, *1 12, 054 ; switching, 600,787; other, 103,102— total, 2,904,053 miles.
Passengers carried, 2,819,271 ; carried one mile, 37,978.520 ; average mile rate, 1.66 ce
Tons freight moved, 3,538,574 ; ton-miles, 468,812,0^2 ; average ton-mile rate, 0.59 cent.
Karniiigs.— Passenger $630,646 63 i Expenses.— Transportation $1,073.'.".

Freight 2,755,382 05

Mail 37,040 40

Express 39,925 32

Miscellaneous... 104,201 19

Motive Power and ( 'ars 273.977 18

Maintenance Way & Buildings. 309.1)53 22

General 179,28979

Taxes... . lou.

Total ($8,131.84 per mile) $3,567,195 59 i Total ($4,437.28 per mile) $1. 946.500 60

Net earnings (45.43 per cent.), $1,620,694.99. Add other receipts, $39,584.06— total
available revenue, $1,660,279.05. Payments : Interest on bonds, $769,904.78 ; rentals leased
lines, $204,226.92 ; dividends (9 per cent, on preferred stock, 3 per cent, of which on account
of last year's operations), $409,905— total, $1,384,086.70. Balance, surplus for year, $276,-
242.35 ; add surplus from last year, $l,063,381.3o— total surplus, $1,339,623.70.

(General Balance Sheet (Consolidated Accounts], June 30, 1891.

Preferred Stock $4,830,700 (KM

Common Stock . . 7.74ti.

Bonded Debt 14,832.<

Cost of Road and Equip.. C. & E. I. ER.. $16,584,242 43
Cost of Road and Equip., C. & I. 0. Ry. . 7,374,227 16

Total

. $23,958,469 59

Chicago Terminals and Other Investments 1,431,414 92

Bonds and Stock C. & E. I. RR. Co ...... 1,730,300 10

Bonds and Stocks of other Companies. . . 1,172,349 29

Material, Fuel, and Supplies ............. 134.780 12

Sinking Funds .......................... 241,73932

Bills and Accounts Receivable .......... 219,137 99

Advances to C. & W. I. RR. Co .......... 246,070 37

('ash on Hand ........................... 262,467 41

Expended Account of Extensions ........ 114,067 36

Total Assets

. . . $29,510,796 47

Dividends and Interest Unpaid
Interest, Rental and Taxes Accrued.
Pay Rolls. Vouchers and Accounts. .
Equipment Replacement Account. . .

Miscellaneous Liabilities

Balance of Income Account. . .

89,091 50
338,448 13

1.330.623

Total Liabilities

$29.51!'

The capital stock includes $2,594,800 common and $1,729,900 preferred, issued in exchange
for C. & I. C. Ry. Co. stock, which ie now held in the treasury of this company.
Statement of funded debt (consolidated accounts), June 30, 1891 :

DATE OF BONDS.

INTEREST.

AMOUNT OF B<

Issued.

Maturity.

When
Payable.

Rate.

Authorized.

Out-
standing.;

('. & I. C. Ry. Co. 1st Mortgage Bonds
C. & E. I. RR. Co. 1st Mortgage Bonds

Jan. 1886
Sent. 1877

Jan. 1936
Dec. 1907

Jan. & July
June & Dec.

P.O.

6

See below.
3.000,000

4.448,(K!
2.989.0T

C. & E. I. RR. Co. Income Bonds Dec. 1877iDec. 1907

l.OOO.O(X)

64,0(1

D. & G. C. RR. Co. 1st Mortgage Bonds. . .
C. & E. I. Exten. 1st Mortgage Bonds

May 1880;May 1920
Dec. 1881 'Dec. 1931

May & Nov.
June & Dec.

6
6

380,000
850,000

119,(X i
103,(X|

1st Consol. Mortgage Bonds

June 1884 ! Oct. 1934

Apr. & Oct.

6

6,000,000

2,725,0(1

Sinking Fund Col. Trust Bonds

Feb. 1887 Feb. 1912

Feb. & Aug.

6

42.0(;

S. & I. S. L. RR. 1st Mortgage Bonds
Gen. Consol 1st Mortgage Bonds

Oct.. 1881
Nov. 1887

Oct. 1921
Nov. 1937

Jan . & July
May & Nov.

6
5

See below.

Ur),(V

. 4. 197,01

The first mortgage bonds of the Chicago and Indiana Coal Ry. Co. are secured by fi
lien on the line from Brazil, Ind., to La Crosse, Ind., the link from Percy Junction, I ml.,
Illinois State Line, and the 9.67 miles of coal branches, a total of 174.30 mile.«. They a;
coupon bonds for $1,000 each, and are limited in issue to $18,000 per mile of sing
road and $7,000 \ er mile for equipment, with provision for a further issue of $8,000 per ml
for double track. Trustees : Metropolitan Trust Co.. New York. X. Y., and B. B. F. Pi«-
Crawfordsville, Ind. Interest payable at the office of t ,e Metropolitan Trust Co., N-

The first mortgage C. & E, L bonds are secured by first lien on the main line from D
to Danville, 111., 107.21 miles. They are coupon bonds with privilege of registrati >n. a
are issued in denominations of $100, $500, and $1,000. Provision was made for the a

CHICAGO .t EASTEKN ILLINOIS RR. CO., AND CHICAGO & INDIANA COAL RY. CO. 123

lation. after 1885, of a sinking1 fund of $20.000 a year for the redemption of these bonds.
Trustee: Central Trust Co., Xe\v York. Interest payable at Fourth National Bank, Ne\v
York, N. Y.. or Globe National Bank, Boston, Mass.

The income* are a second lien on the main line from Dolton to Danville, 111 Interest
limited to 7 per cent, and non-cumulative. Denominations, $100, $500, and $1,000. Of the
original issue of $1,000,000 of these bonds, all but $64,000 have been exchanged for first
consolidated mortgage bonds of 1884-1934.

The Danville and Grape Creek bonds are a first lien on 7 miles of road, from Danville to
Westville, III. Interest payable at the Globe National Bank, Boston, Mars. The Chicago
and Eastern Illinois Extension bonds are a first lien on the line from Grape Creek to Sidell's
lirove, 111., 15.4 miles. Interest payable at Fourth National Bank, New York, N. Y.

The Jirst consolidated mortgage bonds are a lien on all the property of whatever descrip-
tion owned by the company prior to consolidation with the Strawn and Indiana State Line
and the Chicago, Danville and St. Louis RR. Cos., November 12, 1887. Of the authorized
is-sue ($6,000,000) there were deposited with the Central Trust Company $4,500,000 for re-
tirement of prior lien bonds. They are $1,000 bonds, principal and interest payable in gold.
Trustee : Central Trust Co., New York. Interest payable and exchanges made at the Cen-
tral Trust Co., New York, or Globe National Bank, Boston, Mass.

The Straicn and Indiana State Line bonds are secured on the Wellington Branch, from
Cissna Park to Wellington, 111., 11.36 miles. They were guaranteed by the Chicago and
Eastern Illinois RR. Co. before the consolidation in November, 1887, and were then assumed.

The general consolidated and Jirst mortgage bonds are a lien on all the property acquired
by the company since the consolidation of November 12, 1887, and are also a lien on all the
company's property, of whatever name or nature, subject, however, to prior liens. The}' are
limited in issue to $18,000 per mile of single track, $8,000 per mile additional for double track,
and s?,000 per mile for equipment, the issue under the last-named provision, however, not
to exceed the actual cost of equipment. They are $1,000 coupon bonds, with provision for
conversion into registered bonds. Of the amount outstanding $3,965,000 are coupon bonds
and s232,000 registered bonds. Trustee, Central Trust Co., New York. A sufficient number
of these bonds are held in trust for retirement of prior issues.

Annual meeting in Chicago on the first Wednesday in June. Stock and bonds listed on
the New York Stock Exchange. Dividends payable at Hanover National Bank, New York.

By the terms of the leases the C. & E. 111. RR. Co. guarantees the interest on the bonds
of the E.. T. H. & C. Ry. ($1,250,000) and of the Indiana Block Coal RR. ($150,000). Total
$1.400,000. Annual charge, $85,500.

RAILROADS LEASED BY THE CHICAGO AND EASTERN ILLINOIS RR. Co.

EVANSVILLE, TERRE HAUTE AND CHICAGO RAILWAY.— Danville. 111., to Otter

reek Junction. 111., 48.58 miles. Chartered June 2, 18(59 : road opened December 13. 1871. Leased to Chicago and

'tern Illinois RR. Co. for 999 years from January 1, 1880 ; rental, $75,000 per annum. The interest on income

>it, June 30. 1891— common stock, $482,950 ; preferred, $99,000 ; funded debt. 1st mortgage 6 per cent, geld

W-year bonds, due May 1, 1900, interest May and November, §775.000, and 2d mortgage 6 per cent, gold bonds

dated April 1. 1873. due January 1, 1900, interest January and July, §3->5.000 : income 6 per cent, bonds, dated

sovember 1. 1881. interest May and November, due May 1, 1920, $150.000 : unfunded debt. §16,220 ; income bal-

,441.10— total liabilities, $1,918,611.10. Contra: Cost of road and equipment, §1,829,651.09: sinking

.'.000 ; other assets, §16,960.01- total assets, $1,918,611.10. The first mortgage bonds are secured on the

i from Terre Haute to the State-line. 49 miles. The second mortgage bonds are a first lien on the line from

ville to the State-line and a second lien on the rest of the road. '"Interest on all bonds payable at office of

irmers Loan and Trust Co.. New York. Interest on firsts and seconds is guaranteed by the lessee, by endorse-

i each bond. C. W. HILLARU, Pr^ident and Treasurer; S. H. Spooner, Secretary, Chicago, 111.'
INDIANA BLOCK COAL RAILROAD. -Terre Haute. Ind.. to Brazil, Ind.. 12.62 miles. Char-
•d April 17. 1878 : road opened January 1, 1879. Leased April 30. 1880, to the C. & E. 111. RR. Co. : rental. $12.-
0 a year. Jfrctij/t* .• 1890-91.— Rental. §12.5041 : other. $1,610— total, §14,110. E.ri>enfe*, §500. Net income, §13.-
Paid interest on bonds. $10.500 : sinking fund, $1,500— total, §12,000. Surplus, $1.610. Financial Statement,
!*), 1891.— Capital stock. §75,000 ; first mortgage 7 per cent. 30-year sinking fund bonds, dated July 1, 1878.
payable in New York. January and July, $150,000 ; sundry accounts. §51.34 : income balance, $39,027.50
254.078.84 Contra ; Cost of road and equipment, $836,000 : sinking fund. $27,666 ; otherassets, ^1.412 84

total. 5254.078.S4. Amount annually applicable to the purchase of bonds for sinking fund. §1.500. Interest on
8 payable at office of the Farmers' Loan and Trust Co., New York. N. Y. C. W. HILLARD, President and
: S. H. Spooner. Secretary, Chicago, 111.

124 POOR'S MANUAL OF RAILROADS.

Board of Directors, Chicago and Eastern Illinois Rll. Co., elected June 2, 1891.
H. II. PORTER, Chairman of Board Chicago, 111.

II. II. Stevens Boston, Mass.

Geo. H. Ball

Bonj. Brewster. . . .New York, N. Y.

J. G. English Danville, 111.

II. H. Porter Chirusro, 111.

At. J. Carpenter.,

R. M. Hoe New York, N.Y.

A. R. Flower "

Henry Se.ibert

O. S. Lyford Chicago, 111. | C. W. Hillard Chicago, III.

M. J. CARPENTER, President and General Manager Chicago, 111.

O. S. -Lyford, Vice-President Chicago, 111.

( '. "W. Hillard, 2d Vice- President and Treasurer Chicago, III.

Secretary and Auditor— H. A. Rubidge Chicago, 111. | Asst. Treasurer— A. R. Flower New York, N . Y .

PRINCIPAL OFFICE . . .164 Dearborn Strt»et, Chicago, 111.

Transfer Agency for Stocks Metropolitan Trust Co., New York, N. Y.

CHICAGO AND ERIE RAILROAD COMPANY.

Main Line of lioad. — Marion, 0., to 111. Line near Hammond, Ind.249.16
Trackag-e : Chicago and Western Indiana BR : State Line to Chicago. . 19.50—268.66 mil*
Sidings, 99.23 miles. Gauge, 4 ft. 8i in. Rail (steel), 60 Ibs.

History. — Reorganization of the Chicago and Atlantic Ry. Co., whose property was sold
under foreclosure August 12, 1890. (For plan of reorganization see MANUAL for 1891.)

The road was formally turned over to the Erie on September 1, 1890, under an agree-
ment by which a certain percentage of the gross earnings is to be applied — first, to payment
of interest on first mortgage bonds ; second, to payment of any advances (with interest at 5
per cent.) by the Erie to meet first mortgage bond interest ; thirdly, to payment of interest on
the income bonds ; the percentage of gross earnings so applied to equal 22£ per cent, of earn-
ings up to $2,250,000, 25 per cent, up to $2,750,000, 27| per cent, up to $3,250,000, and 29 per
•cent, if they exceed the last named sum in any year.

Rolling Stock, June SO, 1891. — Locomotive engines, 87. Cars — passenger, 54 ; baggage,
mail, and express, 5 ; freight (box, 1,122 ; platform, 394; stock, 109 ; coal, 509 ; caboose, 42),
2,176 ; other cars, 33— total cars, 2,268.

Operations for ten months ending June 30, 1891. — Train mileage — passenger, 667,74:! ;
freight, 1,821,774; other, 668,445— total, 2,652,962 miles. Passengers carried, 322,707;
carried one mile, 21,037,132 ; average mile rate, 1.74 cents. Tons freight moved, 1,491,301 :
moved one mile, 309,656,146 ; average ton-mile rate, 0.53 cent.

Earnings.— Passenger $365,846 02

Freight 1,046,426 25

Mail and Express 60,235 89

Miscellaneous . . . 86,921 64

Expenses.— Transportation $1,096,739 39

Maintenance of Equipment. . . 17'fi, i:>S 2"
Maint. Way and Structures. . . 18i
General... 313,74576

Total ($8,037.78 per mile) $2,159,429 80 \ Total ($6,575.88 per mile) $1.11

Net earnings (18.56 per cent.), $392,753.44. Add interest and dividends, $10,419.20—
total available revenue, $403,172.64. Payments: Interest on bonds, $549,857.45 ; on equip- i
ment, $4,448.55 ; taxes, $29,919.60— total, $584,225.60. Balance, deficit, $181,052.96.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $100,000 ; funded debt,
1st mortgage 4 per cent. 92-year $1,000 bonds, due May, 1982 ; interest May and November,
($12,000,000 authorized), $10,591,000 ; income 5 per cent. 92-year $1,000 bonds, duo 1982,
interest payable October 1, if earned, $10,000,000 ; terminal 4 per cent. 30-year bonds, due
July, 1918, interest January and July, $300,000 ; current accounts, $425,671.27 ; accrued
interest, $70,606.66— total, $21,487,277.93. Contra: Cost of road and equipment, S19.
282,56; stocks owned, $1,240,000; materials, $33,571.41 ; sinking fund, 0. & W. I. i
$26,993.41 ; paid on account of equipment, $105,377.59 ; profit and loss, $181,052.96—1
$21,487,277.93.

The first mortgage (Trustees, Central Trust Co., New York, N. Y., and Edward P;n
bears 4 per cent, till May 1, 1892, then 5 per cent, to maturity. This interest is guarantee
the New York, Lake Erie and Western KR. Co. Both the first and the income mortg.
cover besides 249.16 miles of road, the contract with the Chicago and Western Indiana,
together with $1,000,000 of that company's stock, and $240,000 Chicago Belt Ky. Co. stock.

POOR'S MANUAL OF RAILROADS. 125

Intercut on firsts suid incomes payable at company's New York office ; on terminals at
office of Drexel, Morgan and Co.. N<-\v York, N. Y. Annual meeting, first Tuesday in Sep-

r, at Huntington, Ind.; books close thirty days previously.

Directors. — J. G. McCullough, John King, E. B. Tliomas, George H. Vaillant, Andre\y
Donalds, n. New York, N. Y. ; H. H. Brown, Cleveland, O.; J. C. Morse, Chicago, 111.; Sam-
uel Spencer, James H. Benedict, Andrew W. Kent. New York, N. Y. : Volney T. Malott,
Indianapolis, Ind. ; John Tod, Cleveland, O. ; M. D. Woodford, Cincinnati, O.

J. G. McCuLLOUGH, President Ne\v York. N. Y.

E. B. Thomas, Vice-President

George H. Vaillant, 2d Vic< -President

•;•— Edward White New York. N. Y. | (,»itr<tl JM/"/<y /•— A. M. Tucker Cleveland, O.

-/-Arthur Turnbull I Auditor— A. Donaldson New York. N. Y.

PRINCIPAL OFFICE AND ADDRESS Chicago, 111.

Transfer Office 21 Cortlandt St., New York, N. Y.

CHICAGO AND IOWA RAILROAD COMPANY.

Main Line of Road.— Aurora, 111., to Forrester, 111 80

Leased : Chicago, RocTcford and Northern Railroad 24 — 104 miles.

Sidings, etc., 20 miles. Gauge, 4 ft. 8Hn. Rail (steel, 104 miles), 56 and 60 Ibs.

History. — Consolidation June 1, 1870, of the Ogle and Carroll County and the Chicago
and Iowa RR. Cos. Road opened in May, 1872. Controlled by the C.. B. & Q. RR. Co., and
now operated by that company. (See MANUAL for 1891.)

Rolling Stock, June 30, 1891. — Locomotive engines, 15. Cars— passenger, 6; baggage
and mail, 5 ; caboose, 12; freight (box, 152 ; stock, 1 ; coal, 47), 200— total cars, 223.

Operations for year ending June 30, 1891. — Train mileage — passenger, 225,486 ; freight,.
208,995; mixed, 13,620; other, 1,357— total, 449,458 miles. Passengers carried, 207, 780 ;
carried one mile, 5,669.544. Tons freight moved, 727,525 ; moved one mile, 39,563,577.
Earnings — passenger, $129,166.85; freight, $312,874.61; mail, $15,836.32; express,
$24.999.96; other, $21,449.19— total, $504,326.93. Operating expenses — transportation,
$169,511.33; maintenance , of equipment, $35,819.19; way and buildings, $41,086.44;
general, $16,188.47— total, $262.605.43. Net earnings, $241,721.50. Paid interest on
bonds, $140,000; on debt, $20,000; taxes, $18,455.14; miscellaneous, $58,211.19— total,
$236,666.33. Balance, surplus, $41,055.17; surplus from last year, $314,558.21 ; additions
during year, $4.58— total surplus, $355,617.96.

Financial Statement, June 30, 1891.— Capital stock, $1,428,000; funded debt, $2,150,000;
bills payable, $156,744; current liabilities, $42,267.94; profit and loss, $355,617.96— total,
$4,132.629.90. Contra : Cost of road, $3,758,262.74 ; equipment, $290,875.49 ; stocks owned,
$11,039.90 ; cash, $49,151.16 ; current assets, $23,300.61— total, $4,132,629.90.

Funded debt consisted June 30, 1891, of—

! m mortgage Chicago and Towa RR. 8 per cent. 30-year bonds, due April 1. 1900. interest Jan. and July. . $600,000-
; 2d mortgage Chicago and Iowa RR. 8 per cent . 30-year bonds, due July 1. 1901, interest Jan. and July. . . 1,150,000
latmtge. Chicago, Rockford & Northern RR. 8 p. c. 20-year bonds, due July 1. 1895, int. April & October 250.000
•-M mtge. Chicago, Rockf'ord & Northern RR. 8 p. c. 30-year bonds, due Oct. 1, 1895. int. April & October. 150,00*

Annual meeting, 1st Wednesday in March, at Aurora, 111. Registrar of stock, jthe Secretary.

CHICAGO, ROCKFORD AND NORTHERN RAILROAD.-Flagg Centre, 111., to Rockford.

ill., 24 miles ; total track i steel, '24), 31.90 miles. Road opened in August, 1875, and nominally leased to the Chi-
" o and Iowa RR. Co. for 30 years at an annual rental equal to 25 per cent, of gross earnings". Its capital stock

100,000. funded debt, $400.000, and cost £500,000. all of which is included in the balance sheet of the C & I

. Co. The road is now operated by the C. & I. RR. Co.

Board of Directors C. & 1. RR. Co., elected March, 1891.

Frank H. Head Chicago, 111. I L. O. Gocldard Chicago, 111. | J. L. Lathrop Chicago, 111

C. L.Allen " " | H. W. Wiess " " j J. C. Peasley 'r

John Reising Aurora, 111.

F. H. HEAD, President Chicago, 111.

J. C. Peasley, 1st Vice-President and Treasurer Chicago, 111.

-'•I Vice- President— George B. Harris Chicago, 111. | Auditor d- Aysf. Trta*.— F. Clark Aurora, 111

Secretary and Transfer Agent— L. O. Goddard Chicago, 111.

PRINCIPAL OFFICE AND ADDRESS Aurora, 111.

126

POORS MANUAL OF RAILROADS.

CHICAGO AND NORTHWESTERN RAILWAY COMPANY

Main Line of Road.— Chicago, 111., to East Omaha, la 492.00 mile*.

Other Divisions and Branches 3, 781.07 miles.

Total length of lines operated, May 31, 1891 4,273.07 miles.

Average mileage operated during the fiscal year 1890-91 4,254.55 miles.

2d track, 200.23 ; sidings, 1,1 08 miles. Gauge, 4 ft. 8J in. Rail (steel, 3,998.69 miles), 56 Ibs.

Statement of mileage, as operated by divisions :

WISCONSIN DIVISION :
Chicago, 111., to Fort Howard, Wis. 242.20

Appleton, Wis., Milts

Chicago Cut-Off (connecting line) . .
Chicago, 111., to Milwaukee, Wis. . .
Montrose to North Evanston, 111 ...
Keiiosha, Wis., to Rocklord, 111

Milwaukee, Wis., to Fond du Lac
Wis. ..

.63
5.20
85.00

72.10
62.63

Sheboygan, Wis., to Princeton, Wis. 78.40—556.85 m.
GALENA DIVISION :

Chicago, 111., to Miss. Riv., opposite

Clinton, la 137.00

M f Chicago, 111., to Freeport, 111 121.00

W -rm •„ TII A ' Ty;n: TI TTT-

Elgin, 111., to Williams Bay, Wis
~ j St. Charles, 111., to Aurora, 111. ..
Q/j Portland. 111., to Sycamore, 111. .
I j Belleville to Spring Valley, 111. .
• • I Chicago South Branch Track

. 51.04
. 11.80
. 4.64
. 75.78
. 4. 50-405. 76 m.

IOWA DIVISION :

Mississippi River Bridge 1 .10

Clinton, la., to Cedar Rapids, la 81 .30

Cedar Rapids to Mo. Riv. op. Omaha. 271 .fit)

Clinton, la., to Lyons, la 2.(i(.)

Lyons, la., to Anamosa, la 68. SO

Anamosa to Slate Quarry 2.17

Des Moines, la., to jc. n. Jewell jc. . 57.34

Boone, la.', to Coal Banks 3.25

Cedar Rapids Cut-off 5 .96

Stanwood, la , to Tipton, la 8.50

Carroll, la., to Kirkman, la 34.81

June. n. Manning, to Audubon, la.. 17.00

Winona Jc. to Winona. Minn 29.00

Winona Jc. to La Crosse 3.96

Galena, 111., to Woodman, Wis 76.84

Ipswich to Platteville, Wis 4.00

Junction to Lancaster. Wis 12.04

Milwaukee, Wis., to Mont ford, Wis. 140. 88
Trempeleau,Wis.,to GalesvHle^Wl*. 6.71

Necedah Jc. to Necedah. Wis Ki.OO

Afton, Wis., to Janesville. Wis 6.10

Evansville to Janesville 15.68— 509.27 m. |

PENINSULA DIVISION :

Ft. Howard. Wis., to Republic. Mich.202.64

dowry to Michigamme 10 .44

Wabik to Champion 1 .23

Powers to Watersmeet, Mich 104.33

Stager to Crystal Falls. Mich 11.10

Narenta to Metropolitan. Mich 34.86

Branches and Extensions to Iron
Mines 101.84—464.44 in.

WINONA AND ST. PETEU RR. DIVISION :

Winona, Minn., to Watertown, Dak. 322. 98
Plainview Jc., Minn., to Plaiuview,

Minn 15.01

Chatfleld Jc., Minn., to Chat'd,Minn. 11 .46
Ro'ster, Minn., to Zumbroto, Minn. 24.48
Mankato June, to Mankato, Minn . . . 3.75
Sleepy Eye. Minn., to Redwood Falls,

Minn.! 24.40

Tra::y. Minn., to Dakota Line 46.40— 44s

DAKOTA DIVISION :

Minnesota State Line to Pierre. Dak. 209 . 1 1

James Valley Jc. to Oakes. Dak 131 .95

Watertown, Dak., to Gettyb'g. Dak. 14ti. :.'.">
Watertown Jc.. Dak., to Watertown,

Dak 43.83

Iroquois, Dak., to Iowa Line, near

Hawarden 125.49

Doland. Dak., to Groton. Dak 38.84

Centrevilie, Dak., to Yankton. Dak. 28.4t; - ;x>3.93 m.

I

Total length of all lines operated, Mav
31. -1891 .. 4.273. 07 m.

Belle Plaine to Coal Mines, la 64.00—618.43 in.

NORTHERN IOWA DIVISION :

Tama, la., to Elmore, Minn 164 .5'i

Eagle Grove, la., to Dakota Line 145.20

Jewell Jc., la., to Wall Lake Jc., la. 73. 6H
Maple River Jc., la., to Onawa, la. . 80.85

Wall Lake, la., to Moville, la 79.87

Jewell Jc., la., to jc. D. M. & M. RR. 1.75— .545.91 m.

MADISON DIVISION :

Belvidere, 111., to Madison, Wis 68.90

Madison, Wis., to Winona Jc., Minn. 129. 10

In October, 1889, a traffic agreement was made with the Union Pacific By. Co. for close :
operation of the two systems for through business.

History. — This company was organized in 1^59 as successor to the Chicago, St. Paul,
aud Fond du Lac RR. Co., having 176.80 miles of railroad completed and in operation. Tin-
mileage has been increased to its present extent chiefly through medium of proprietary «
panies, all the stocks and bonds of which are held by this company. In 1*81 rhe conipnnv
began a system of absorption of the-»e proprietary companies ; »nd in 1884 it purchased
tain lines in Iowa formerly held under lease. (See MANUAL for 1890.) On June 5, 1890, tlu1
Toledo and Northwestern Ry. having 385.19 miles of railroad in Iowa, was consolid
with the Chicago and Northwestern.

During the past year the Junction Ry. Co. completed a line from Montrose to North
Evanston, III., 7.69 miles, and the Paint River Ry. Co. one of 15 miles, from Crystal Falls to
Hemlock Mine, Mich. ; the former opened April 13. 1891, and the latter June 22, 1891. Hotl'
have, since the close of the fiscal year, been merged with the Chicago and Northwestern.

The company owns the entire share capital of the Fremont, Elkhorn and Missouri V:i !!»•;•

128

POORS MANUAL — CHICAGO AND NORTHWESTERN RY. CO.

RR. Co., and a majority interest in the Sioux City and Pacific RR. Co., and Chicago, St. Paul,
Minneapolis and Omaha Ry. Co. (For full historical sketch of the Chicago and Northwestern
%. Co. see MANUAL for 1885, pp. 656 to 658.)

Rolling Stock, May 31, 1891. — Locomotive engines, 846. Cars — 1st class paseenger,
302 ; 2d class, 28; parlor, 11 ; dining, 9 ; chair, 6 ; combination, 49 ; baggage and express,
117 ; mail, 28; officers', 8; boarding, 18; caboose, 451 ; freight (box, 14,949; gondola, 1, !).',():
platform, 2,296 ; stock, 1,861 ; milk, 29 ; refrigerator, 230 ; iron ore, 4,425), 25,740 ; other
cars, 139— total cars, 26,906.

Operations for year ending May 31, 1891. —Train mileage— passenger, 7,323,359 ; freight, I
14,600,545 ; switching and gravel, 7,770,620— total, 29,694,524 miles. Cost of operating loco-!
motives (including repairs) per mile run, 17.78 cents. Cars run (passenger, 35, 028,289 ;|
freight, 279,291,496), 314,31.9,785 miles. Passengers carried, 13,184,829 ; carried one mijej
309,212,070; average mile rate, 2.17 cents. Tons freight moved, 13,616.872 ; moved one!
mile, 1,950,037,071 ; average mile rate, 1.03 cents.

Expenses.— Maintenance of Way $3,353,693 87

Rolling Stock 2.1',~

Transportation and General . 11,304,299 4{

Taxes... 854.

Earnings.— Passenger $6,700,351 38

Freight 19,829,341 31

Mail and Express 1,015,488 28

Other Sources 248,493 44

Total ($6,532.69 per mile) $27,793,674 41 Total ($4,299.16 per mile) $18,291,005 7l|

Net earnings (34.19 per cent.), $9,502,668.70. Charges against net earnings as per in.
come account, $5,6^0,804.81 ; dividends, $3,445,804; sinking fund, $201,301.20— total pay-
ments, $9,267,910.01. Balance, surplus, carried to profit and loss account, $234,758.69.

I. Statement showing the miles of railroad and of steel rail and the equipment ownecj
by the company at the close of each fiscal year for ten years :

PASSEXGER CARS.

FREIGHT CARS.

Miles
of
Rail-
road.

Miles
of
Steel
Rail.

Loco-
mo-
tives.

Bag-
gage,
etc.,
Cars.

Ca-
boose
Cars.

Ail
Other
Cars.

Total

Cars.

1st
Class.

2d
Class,
etc.

Other

Box.

Sto'k.

Flat.

Iron
Ore.

1881-82

3,032.90

2,407.72

558

206

29

13

117

10,140

1,436

2,499

3,857

244

109

1882-83

3,464.70

2,783.17

578

244

39

13

128

10,143

1,435

2,654

3,857

282

112

18,90!

1883-84

3,763.25

3,113.96 639

247

39

16

147

11,668

1,922

2,653

3,857

320

115

20.9&!

1884-85. ..

3,819.37

3,202.06 672

263

43

16

153

11,668

1,925

2,653

3.857

321

155

1885-86. ..

3,891.45

3,344.64

698

258

65

20

135

11,595

1,914

3,147

3,857

395

158

21,54

1886-87. .

4,101.35

3,507.89

735

266

76

20

138

12,573

1,914

3,647

3,957

405

160

23,15

1887-88. ..

4,210.75

3,762.90

766

265

78

20

138

13.255

1,914

4,047

4,465

427

162

24,77

1888-89. ..

4,250.38

3,832.80

786

302

77

20

139

14,563

1,914

4,147

4,515

451

164

1889-90.. .

4,250.38

3,897.90

806

302

77

26

145

15,118

1,861

4.147

4,651

451

164

2(5,94!

1890-91.. .

4,273.07 3,998.69

846

302

77

26

145

15,208

1,861

4,246

4,425

451

165

26,90|

II. Statement of capital account for ten fiscal years :

LIABILITIES.

A -SETS.

Total Of
Assets

Liabili-
ties.

Preferred Common ' PJt^'
Stock. : Stock. jjggr

Bonded
Debt.

Other
Liabili-
ties.

Income
Accounts.

Cost of
Property.

Other
Invest-
ments.

Cash

Assets.

1882
1883
1884
1885
1886
1887
1888
1889
1890
1891

$ $
22,153,119, 15,095,924
22,323,190 16.229,916
22,325,454' 26,617,366
22,325,454 41,374,866
22,325,454; 41,374,866
22,325,454! 41,374,866
22,325,454, 41,374,866
22,325,4541 41,374,866
22,335,454 41 ,384,866
22,335,454' 41,334,866

$
22,883,150
22,463,400
22,550,100
11,220,000
11,230,000
674,183
668,933
584,360
579,110
529,885

$
64,248,000
69,821,000
80,891,000
91,460,500
1H, 511,500
97,384,500
103,433,500
105,121,500
104,985,500
112,570,500

6,805,563
6,913,089
6,541,679
6,799,223
8,979,311
10,581,000
10,527,385
10,211,620
11,192.741
12.007,121

$
7,954,116
9,459,426
12,125,795
12,717,065
14,338,397
3,708,642
5,492,183
6,496,362
7,419,943
7,978,369

$
131,419,071
1:36,088,904
142,197,341
162,393,104
163,529,848

$

2.386,819
4^38,219
23,491,370
15,997,402
18,369,817

$

5.333.981
(5382.898
5.362,683
7,506.602
6,859,863

139,139,8:

144,161,050
148,372,056
150,822,658
153,403,472
157,193,271

2-2.(.t1l.ti80
27,479,350
28,4(54,870
28,541,816
83,154,510

S,!)72.96(i
7,970,916,
6,826,635
5,952.32(5
6,458,414j

The stocks of proprietary companies, all of which are owned by the Chicago and North
western Railway Company, and which were in previous years entered on the books at thri

POOR'S MANUAL — CHICAGO AND NORTHWESTERN RY. CO.

129

par value, while pos.srs.-ing but a nominal value as assets of the company, have since 1887
itered at their estimated value, with reference to cost, and the stated cost of the prop-
as hern correspondingly reduced.
[II Statement of traffic operations for tea fiscal years :

Mllea

Railroad
Operated .

___

3,032.90
8,464.70
8.719.58
8.8111 37
8,891.45
4.037.23
4,177.96
4.243.96
4,250.38
4,254.5.1

TRAIN MILEAGE.

Total
Engine

Mileage.

PASSENGER TRAFFIC.

FREIGHT TRAFFIC.

Passen-
ger.

Freight.

Passen-
gers.

Movement .

Rate.

Tons.

Movement.

Rate.

1.47
1.42
1.31
1.19
1.19
1.10
0.99
1.01
0.98
1.02

,

3,999,677
4,913,507
5,531,888
5!839,699
5,962,400
6,383,086
6,782,680
6,698,170
• ».S40.47'0
7,323,359

9,003,377
U. 770.415
10,718.354
10,711,876
11,044,442
12,684,553
14, (514,373
13,991,157
14.476,927
14.600,545

18,157,257
20,031,896
21.925.449
21.992.610
22,571.327
25.483,938
28,695,105
26.4S9,^3
28,372,619
29,694,524

6,754,717
7,968,560
8,623,483
8,403,884
' 9,140,195
9,709,934
1 10,787,420
11^465,968
12.142.789
I 13,184,829

205,574,178
•06,803
256,386,389
231.090,788
23'.), 150.020
254,709,295
272,745,019
279,210,717
289,699,389
309,212,070

2.52
2.46
2.40

2.38
2.36
2.29
2.30
2.24
2.17

*r

8,190,893 1,192,188,039
65 1,183,829,358
8,453.994 1,350.173,773
s/.K->.127 1,411
s.494.239 1,466.892.717
9,737.312 1.754.598.396
10.912.315 1,939.044,102
11,154.7151,804,701,696
13,1:38,1102,000.182,603
13,616,872 1,950,037,071

IV. — Statement showing earnings, expenses, and net earnings for ten fiscal years :

GROSS TRAFFIC EARNINGS.

Operating
Expenses
and
Taxes.

Net
Earnings.

AVERAGE PER MILE OF RR.

Expenses
to
Earnings.

1
P^ren" Freight. Other-

Total.

Gross
Earnings.

Expenses
and
Taxes.

Net
Earnings.

S S S

W2 S 171 4v>a 1 7 .Wi 1 2-1 ' OSS OQ9

23 fi«4 6nfi

S

12 639 634

1 1 .045.022

7.809 24

4 iiv: ?sn

$

3 fi41 74.

p.c.

KS 37

6,119,616
6,153,071
5,498,111
5,646,150

5.820.151

6,261,277
6,285,179
6,700,3511

16,894.352
17,677,866
16,917,3941
17.503,244
19,329,484!
19,118,7971
18,193,6461
19,654.213
19,829,341!

1,067,866
1,189,687;
1,086,551
1,130,206
i: 171 ,680
1,299,141
1,237,336
1,225,445
1,263,982;

24,081,834,
25,020,624'
23,502.056
24,279,600
26,321.315
26,697,559
25,692.259
27,164.837
27,793,675,

14,072,516!
15,140,957'
13,793,907;
13.859,226!
15,070.342
16,670,79!)
16,027,287
17,405,105;
18,291,006

10,009,318

9,879,667i

9,708.149

10,420,374

11.250:973

10,0-26.760:

9.664,972!

9.759.732

9,502,669!

6,950.63
6.726.73
6,153.39
6,239.22
6.519.65
6,390.09
6,053.84
6.391.16
6.532.69

4,061.69
4,070.81

3,611.57!
3,561.46
3.732.84'
3,990.18!
3,776.49!

4.299.16

2.656. 121
2.541.82;
2,677.76
2,786.81'
2.399.91
2.277.35
2,296.21:
2,233.53

58.44
60.51
58.69
57.08
57.26
62.44
62.38
64.07
65.81

V. — Abstract of income account for ten fiscal years :

RECEIPTS.

DISBURSEMENTS.

Balance
Surplus.

Surplus
frem last
Year.

Surplus
as per
General
Balance
Sheet.*

Net

•Earnings.

Other
Re-
ceipts.

Total.

Interest
on
Bonds.

Lease
Rentals.

Sink-
ing
Funds

Divi-
dends.

Total.

11,045,022
10,009,318

9.879,667
9;708,149
10,420,374
11,250,973

M02,666

S

$
11,045,022
10,009,818
9,879,667
9,708.149
10,420.374
11,250.973
10,026,760
9,950,349
10,100,472
9,762,254

$
3,999,209
4,288,633
4,527,235
5,064,534
5,536,363
5,136,197
5,215,156
5,825,833
5,826,937
5,880,390

$

1,569,618
1,570,948
1,568,704

28,567

$
98,120
98.120
83,000
58,000
58,000
58,000
58,000
58.000
202.570
201,301

S

2,586,638
2,890,337
2,939,470
3.981,349
3.444.504
3,444,504
3,444,504
3,444,504
3,444.979
3,445,804

S
8,253,585
8,S48.03S
9,118,409
9,132.450
9,038,867
8,638,701
8,717,660
9,338:337
9,474.486
9,527,495

S S
2,791,437 7,533.988
1,161,280, 7,264,582
761,258 8.425,862
575,699 9:iS7,120
1.381.507 9.762,819
2,612.271 £382.266
1,309.099 2.994,538
622,012 4,303.637
625.986 §4,609,989
234,759 5,235,975

t7,264,582
8,425,862
9,187,120
9,762,819
11,144,326
2,994.538
4,303,637
4,925,649
5,235,975
5,470,734

285,377
340.740
259,585

* Balance of railroad income only ; the income balance in Statement II. above includes also balance of land
other income accounts.

Total surplus at the close of 1882 $10,325,424.90 ; sundry accounts, advances to proprietary roads, cost of
"**. etc., charged off, $3.060,843.39 ; leaving surplus as above, $7,264,581.51.

surplus May 31, 1886, §11,144,325.79 : less §10,000.000 transferred to cost of road, on account of net income

am previous years and not capitalized, and $762.059.58 interest accruing but not due up to June 1, 1886

<2 266^1 rePresent balance of interest computed on bonds ; leaving balance of income account as above,

Plus May 31, 1889, $4,925,648.79 ; less, $315,659.90 charged off for reduction of cost of stock, C St P
<- u. Ky. Co., on the company's books to $10,000,000 ; leaving surplus as above, $4,609,988.89.

130

POORS MANUAL — CHICAGO AND NORTHWESTERN RY. CO.

Income Account for Tear ending Nay 31, 1891. (4,254.55 miles.)

Balance from last year $5,225,974 8v)

Gross Earnings $27,793,674 41

Expenses and Taxes 18,291,005 71

Net Earnings 9,502,608 70

Dividends on Omaha Stock 215,200 00

Interest and Exchange, Balance 44,385 02

Interest on Bonds $5,88*'

Sinking Fund. Account ".

Dividends, Preferred Stock ,

Dividends, Common Stock

Balance, May 31, 1891

201.:

1,563.310 00
:-i4 00
5,470;

Total $14,998,228 61 Total $14.'.*

Dividends. — On preferred stock, September and December, 1890, March and June, 1891,
If per cent, each; on common stock, December, 1890, and June, 1891, 3 per cent. each.
General Balance Sheet, May 31, 1891. (4,273.07 miles.)

Cost of Road $157,193,270 67

Farmers' L. &T. Co., Trua. $2,649.101 20
Union Trust Co., Trustee.. 2,951,000 00— 5,600,101 20
Cost of Securities, Prop. & Other Cos. . . 1,676,909 06
Other Investments, Stocks, Bonds, etc . . 25,877,500 00

Materials on Hand 2,026,244 82

Sundry Current Accounts 1,637,166 36

Bills Receivable 114,755 65

Cash 2,680,247 75

Total Assets $196,806,195 51

Common Stock and Scrip $41.'3S!

Preferred Stock and Scrip 22,33:..

Valuation of Proprietary Stock 52! >

Funded Debt— See Bond Statement 112,570.

Sinking Funds paid 4.97 x;

Accretions to Sinking Funds 02;

Fremont, Elkhorn & Mo. Valley RK. Co. 1,001.'

Mo. Valley & Blair Ry. & Br. Co 3<)n

Supplies, Materials, and May Accounts. . 81 :•;.

Coupons and Old Dividends 17;

Interest Accrued and Accruing 1,6-1!'.

Dividends Declared, not yet payable 1,332.-

Current Pay Rolls 1.01:-;.

Due Other Companies ll'.i

Land Income . . . 2,387

Railroad Income Accou-nt 5.47i »

Income Account, Consolidation Coal Co. 120,086 !H

Total Liabilities. .

.$196,806.19551

Of the capital stock, as given in the above balance sheet, $10,007,538.05 common stock
and scrip, and $2,284.56 preferred stock and scrip, are held by the company, leaving out-
standing $31,377,327.92 of the former and $22,333,170 of the latter.

The bonds secured on the proprietary roads are included in general bond statement.

Preferred stock is first entitled to dividend up to 7 per cent. ; common stock then to same
rate ; preferred then to additional dividend up to 3 per cent, (in all 10 per cent.) ; common
stock then entitled to additional dividend up to same rate ; and thereafter each class of stock
is entitled to the same rates.

In December, 1891, the company purchased the Milwaukee, Lake Shore and Western Ry.,
paying for it in common stock (part of the treasury stock) at the rate of ten shares for every
nine of Milwaukee preferred, and four shares for every five of Milwaukee common. In
exchange the " Northwestern " Company issued 55.555.55 shares of common for 50,000 si:
of M. L. S. & W. preferred; and 21,200 shares for 26,500 M. L. S. & W. common-
amount issued, $7,675,555, leaving $2,331,983 in the Company's treasury.

Statement showing the amount of capital stock, including that owned by the company at ;
the close of each fiscal year, and the rates of dividends paid, from 1861 to 1891 inclusive :

Fiscal Year
ending in—

Capital Stock.

Div.

Paid.

Fiscal V cm-
ending in—

Capital Stock.

Div. Paid.

« 1

*j

1882
1SS3
1884
1885
1886
18S7
1888
1889
1890
1891

Capital Stock.

Div

Common .

Preferred

("m

Pref.

Common .

Preferred

C'm

Pref.

Comm'n t

Preferred

1861

1862
1863
1864
1865
1866
1867
1868
1869
1870
1871

S

2,893,757
2,953,236

$

p.c.

p. c.

1872
1873
1874
187'5

1S7I!
1877
1878
1879
1880
1881

S
14. SI 0,980
14.993,020
14.993,060
14,994,600
15,011,180
15,103,146
15,109,656
15,109,656
15,109,656
15,115,156

S

21,067,663
21,484,063

21,484,113

21J502]233
21,696,335

21,702,845
21,702,845
J1.7H2.S4:,
22,208,345

p.c.

'si'

p.c.

7|

$
15,117,656
16,851,266
86,882,466
41,374,866
41,874,866
41,874,866
41,874^866
41,374,866
41,484,866
41,884^66

8
22,210,845
22,825,466
22,325,455
22.825,466
22,325,455

22,325,455
22,825, i.v>
22,325,466
22,825,466

p.c.

7
7

6

3,731,316
11,990,500
13,160,921
13,174,901
13,234,496
14,555,676
14,590,162
14,676,629
14,774,005

8,480,500

12,994.720
13,019,056
14,789,125
16.356,287
16,659,097
20,370,293
21,030,313

*io

5
10
10

3*
8*

*7

*io
5
12
10

"a"

4
6
6

'"24"

7

7

* Stock dividends.

t Of common stock the company owned in 1884 and 1885, $10,006,816 ; in 1886, 1SS7. 1SSS, and !
416 ; in 1890 and 1891, $10,007,521!

POOR'S MANUAL — CHICAGO AND NORTHWESTERN RY. CO.

131

Statement of the funded debt of C. & X. W. Ry. Co., May 31, 1891 :

•

Date of Bonds.

Property Mortgaged.

Interest.

Amount

Description of Bonds.

Out-
standing.

Annual
Interest.

Payable.

Road and Location. L'eth

Rate. Payable.

& N W Ry Co

$

C

• ,l(j Qold

1872 Dec. 1, 1902

See below I'.B'TO

June 1-Dec. 1

12.33«.000

863,580

:

1871 June 1,1911

Ft. Howard toEs'ba..

114

June 1-Dec. 1

2,546,500

178,166

' _' F .1 .•

1871 Apr. 1.1911

Madi'n to Winona Jtt.

129

Apr. 1 Oct. 1

2977.509

208,426

ing Fund Currency... .

ro> Feb. 1,1915 See below

788

F..M..A. & N.

12,767,000

893,690

]) C

1879 Oct. 1.1929! fonoK-lnw

Apr. 1-Oct.

6,305.000

378300

Sinking Fun* < of 1879 5 p c

1879 Oct. 1,1929 '

1,0*1

Apr. 1-Oct.

7,880,000

391,000

Debenture of 1933.

1H83 May 1 1933

See below

Mtw l-Nov

9,800,000

49«\000

. v. 1,1909

See below

'Mav l-Nov.

3.869,000

193,450

1891 Apr.15. 1921

See below

Apr.l'-Oct 1

5,000,0-0

tMJXM

1886 Aug 15.19:6

See below

Feb.lo-Aug.l

13,835,000

629,400

- -6 4 P C

1886 Ang.15,1926

^ee below

Feb.lS-Ang.l

4,484,000

179,840

M ilwaukee Ry.. 1st Mortgage. . .
:u. of Michigan. 1st Mortuaze.
owa Midland Rv , 1st Mort-aire
Jscanaba & L. Sup. Ry . 1st Mortgage

1863 July 1.1898
1863 Sept. 1,1898
1870 Oct. l.l'.OO
1881 JulT 1,1901

Chicago to Milwaukee.
Es?ba to Negaunee
Lyons to Anamosa.. .
Nanenta to Metropol'n

109

71
43

Jan. 1-July
Mar. l-Sf-pt
Apr. 1-Oct.
Jan. 1 July

1,700.000
132,0 «)
1.360,000
720,000

119,0,0
9,240
108,000

43.8' 0

iilwankee & Madison Rv . 1st M .rt^age
ind Toman RR.", 1st Mortgage

1880 Sept. 1,19'"5
18SO N,.v. 1.1905

Milwaukee to Madison
See below....

82 Mar. 1-Sept.
152 May l-Nov.

1,600,000
1.528.000

96,000
91.680

, ee River RR . 1st Mortgage 1878 July 1,1906 June, to Quinnesec 25 Jan. 1-July

400,000

28000

•e River Extension, 1st Mortgage i 1-79 Jufv 1,1906. Quinnesec to "Wis Line 6 Jan. 1-July

160.0CO

11200

>es M. A Minneapolis RR., 1st Mortgage. . .
•UK. C. Rv. \v. 4 st P.Con ), 1st Mortgage
>nk C.Rv. [S. E. Div.l.lstMortgaze
^ch. 4 N Minn. Ry. , 1st M. ,rt.-a-e

1882 Feb. 1,1907 Des Moin's to Jewel Jet 58
1882 Sept. 1,1907 Watertown to Redfield 71
1882 Nov. 1. 1007 Hawarden to Iroquois 125
1878 Sept 1. 1908 Roch. to Zumbrota .... 24

Feb 1-Aug.
Mar. 1 Sept.
May 1 N. v.
Mar. 1-Sept.

600,000
1,007,000
l.OOgLOOO
200,000

«0',840
120,0< 0
14,000

'lainview RK 1st Mortgage

1878 Sept I.IWS Evota to Plainview....

15 Mar. l-Sent.

10C.OOO

7,000

Jlnnesota Valley Ry. , 1st Mortgage

F. i St. i'. Rv . i?t Mortgage —

1878 Oct. 1, 1908: S." Eye to Red Falls ... 14 Apr. 1-Oct.
1984 Mar. 1. 1909 Bl. P. to Muchachinock 64 Mar. 1-Sept.

160,000
1,600,000

10,600
80,00-1

3t P. RR. [Ex W. D ]. 1st Mtse. 1871 Dec. 1, 1916 S. Peter to Watertown 184

June 1-Dec.

4.087.600

284,725

ru Union , Ry., 1st Mortsrase ... 1ST2 June 1. 1917 ' Milwau. to F. du Lac . 63 Mar. 1-^ept.

S.365,(00

235,550

i- N. W. Rv. Construction ; 1872 Nov. 1,1905! Milwaukee to Montfort 141 Mav l-Nov.

601.100 S6.060

edarRap & Mo Rv. RR.. :st Div. 1st Mts.. 1861 An". 1.1891 Ced.Rao.toMarsbalst'n 70 Feb. 1-Aujr

700,000

49.0-)0

>dar Rap '& Mo. Hv. RR , 2d Div. 1st Mtur. .

1863 Au?. 1,1894^ M'shalsfn toMolujr'a. 55 Feb. 1- Aug.

582,000

40,740

^edsr Rap. & Mo. Rv. RR , 3d Div. 1st Mtg .

1866 May 1, 1916 Des M. Riv. to Mo. Riv. 150 May l-Nov.

2,332,000

163,240

>darRap. ,5: Mo. Rv.RR.. 7 p. c. Mtg
Tiicago, Iowa t Nebraska Hv , 1st Mtg
-an-e

1884 June 1,1909
1862 Aug 15.1892
1877 July 1, 1897
1885 Mar. 1,1910
1870-1 NOV. 1, 1907

CeUar R'st. DesM. R.. 12-2
Clin. toC Rap. & Bg . . 81
Maple R. Jc. to Maple'n 60
Belvidere to Spr'g Val. 76
Win. to St. Peter & br. 139

June 1-Dec.
7 Feb.l5-Au-l
7 Jan. 1-Julv
5 Mar.l-Sept.
7 May l-Nov.

769.000
129,000

1 ,500,000
1,598,000

53,830
9.030
88,175
75.COO
111,440

-"orthern Illinois Rv., 1st Mtg
Tin.* at. P.RR , 2d Mortgage [now 1st M.]

Total

11 A 4fl7 fiCtfi

6 485 260

nds on Hand. Owned by Co

344flOO

.ivc Bonds iu Sinking Funds

1 739 50C

Total as per balance sheet

112,570,500

—The bonds marked *— #13,23i.OOO— were issued for the Fremont. Elkhorn and Missouri Valley, and Wyoming Central
ailway Companies in exchange for their first morteage bonds; bonds marked t — $9,800,000— were Issued for purchase of Chicago,
Paul. Minneapolis, and Omaha Ry. Co stock; of the bon4s marked :-$1.966.5'X»— were issued for purchase of Fremont, Elkhorn
1 Missouri Valley RR. stock. These several issues, amountingto *25 001,500, deducted frcm the trtal amount outstanding (|110.-
W. leaves $85,485.500 as the net amount issued to cover the 4,273.07 miles of the Chicago and Northwestern Ry. Co.. or $20,005 64

consolidated sinking fund currency bonds are secured by a first mortgage lien on
)ad and equipment as follows : Chicago to Clinton, 137 miles ; Chicago to Freeport, 121
iles ; Elgin to Richmond, 34.54 miles ; Belvidere to Madison, 68.90 miles ; Chicago to Fort
oward, 242. 20 miles ; Escanaba to Negaunee, Mich., and Iron Mines, 112.46 miles; Rockford
) Kenosha, 72.10 miles — total, 788.20 miles. Under the provisions of the trust deed further
sues may be made for retirement of prior liens ; the only one now remaining being the
132,000 Peninsula bonds. The bonds are coupon, for $1,000 each, dated January 16, 1865,
ue February 20, 1915, principal and interest payable in Xew York. Trustee, Farmers'

iind Trust Company, New York, N. Y. Listed on New York Stock Exchange.
The 4 per cent. Extcimon bonds 0/1886 are limited in issue to $20,000 per mile, or a total
120,000,000. They are a direct obligation of the company, and are additionally secured
f deposit of a corresponding amount of first mortgage bonds of railroads acquired or con-
ructed by the company. They are coupon or registered bonds— coupon, $1,000, and regis-
$1,000, $5,000, and $10,000. Coupon bonds are exchangeable into registered bonds
nd registered into other registered bonds. The bonds are dated April 15, 1886 ; principal
ad interest payable at the office of the company in New York. Trustee, Union Trust Co.,
rk. Listed on Xew York Stock Exchange, January 15, 1892, $18,632,000.

i-'d consol gold Is. of 1872-1902 are secured by mortgage lieu on 1,-058 miles of

id owned at the time the bonds were issued (November 30, 1872), (since increased to

)2 miles) together with all the equipment, depot grounds, shops, and machinery, lease-

3 and proceeds of land grant, subject only to prior liens. The bonds are coupon $500 and

, or registered $1,000, $5,000, $10,000. Coupon bonds are exchangeable into regis-

d certificates. A sinking fund of 1 per cent, per annum began June 1, 1874. The

132 POOR'S MANUAL — CHICAGO AND NOETHWESTEBN KY. CO.

amount of bonds provided for under the mortgage was $48,000,000, of which the company
reserved an amount sufficient to retire outstanding prior lien bonds, as follows : .C. & N. W.
currency bonds of various issues : C. & N. W., gold bonds ; Peninsula RR. currency bonds;
C. & M. RR. currency bonds ; I. M. Ry. currency bonds ; W. & St. P. RR. currency bonds;
W. & St. P. RR. extension gold bonds; N. W. U. Ry. gold bonds. The remainder of the
issue ($12,651,000) was to be used for the improvement of the road, etc. Trustee, Union
Trust Company, New York. Principal and interest payable in New York. Listed on New
York Stock Exchange and also quoted in London.

The sinking fund debentures of 1933 were issued to provide means for purchase of a con-
trolling interest in Chicago, St. Paul, Minneapolis and Omaha Ry. Co. The C. & N. W. Ry.
Co. guarantees that no increased mortgage debt, except for improvements, extensions, etc.,
shall be issued upon the same property without providing equal security for these bonds. In
case of default for six months, trustee (Union Trust Co.) is empowered to declare principal
due and enforce payment. There is a sinking fund (after May 1, 1888) of $200,000 per
annum for purchase of bonds at not exceeding 105 and interest. The bonds are coupon
$1,000 each or registered $1,000, $5,000 and $10,000. The coupon bonds may be registered
as to principal or may be surrendered and cancelled, and an equal amount of registered
bonds issued in place of them. Listed on New York Stock Exchange.

The sinking fund bonds of 1879-1929 are for $1,000 each, and are coupon or registered.
Principal and interest payable in New York. Trustee : Farmers' Loan and Trust Co., New
York. The bonds are not mortgage, but are a direct obligation of the company, and are
secured by deposit of an equal amount of first mortgage bonds of roads built or acquired by
the company, and secured on 1,041.50 miles of railroad — total authorized $15,000,000 at not
more than $15,000 per mile. Sinking fund provision of one per cent, after 1884. Trustee,
Farmers' Loan and Trust Co., New York. Listed on New York Stock Exchange.

The thirty year debentures are authorized to the amount of $10,000,000, in coupon and
registered form, and it is stipulated in the trust agreement that no increased mortgage debt, ex-
cept for improvements, extension, or the like, shall be created without providing equal security
for these bonds with any additional bonds secured on the same property. The $5,000,000 now
issued is for funding, in part, the cost of permanent additions to the property, includim:
ond track, real estate, and equipment. The bonds are coupon, of $1,000 each. They may
be registered as coupon bonds as to principal only, or they may be surrendered and cancelled,
and registered bonds without coupons, in denominations of $1,000, $5,000, and $10,000,
issued in place of them ; and any registered bonds may be transferred and cancelled,
other registered bonds issued in place of them. Trustee, Union Trust Company, New York
Listed on New York Stock Exchange.

The Escanaba and Lake Superior 6s 0/1901 are $1,000 coupon bonds, principal and inter
est payable in New York, at the office of the Chicago and Northwestern Ry. Co. Tht
secured on 36 miles of railroad, extending from Escanaba, Mich., to Felch Mountain
Mines. Trustee, James H. Howe, Kenosha, Wis. Listed on New York Stock Exchange.

The Milwaukee and Madison bonds are secured on 80 miles of railroad, from Mil wan
Madison, Wis. ; also by guarantee of the Chicago and Northwestern Ry. Co., which guarai
tee is executed under seal upon each bond. They are coupon bonds, $1,000 each ; prit.
.aud interest payable in New York. Trustee, Farmers' Loan and Trust Co., New Yor
Listed on New York Stock Exchange.

The Des Moines and Minneapolis 1st 7s 0/1907 are coupon bonds of $1,000 each ; priu<
pal and interest payable in New York. Trustee, Farmers' Loan and Trust Company, N
York. Listed on New York Stock Exchange.

The Ottumwa, Cedar Falls and St. Paul 1st 5s of 1909 are secured on 64 miles of railr
from Belle Plaine to Muchachinock, la., and also by guarantee of the Chicago and Northwa
era Ry. Co. They are $1,000 coupon bonds, principal and interest payable in N«
Trustee, Union Trust Company, New York. Listed on New York Stock Exchange.

The Northern Illinois 1st 5s are $1,000 coupon bonds, dated April 1, 1885, due Mai
1910 ; principal and interest payable in New York. Trustee, Union Trust Company, N
York, Listed on New York Stock Exchange.

POOR'S MANUAL — CHICAGO AND NORTHWESTERN RY. CO.

133

The 5 per cent. S.'i-vour debenture bonds of 1909 were issued for purchase of capital stock
.>f the Fremont, Elkhorn and Missouri Valley RR. Co., and for construction and equipment.
They are coupon bonds of §1,000 each, dated July 1, 1884, due November 1, 1909. The cou-
pon bonds may be registered as to principal, or may be surrendered and cancelled, and regis-
tered bonds in denominations of $1,000, $5,000, and $10.000 issued in place of them. All
red bonds may be surrendered and cancelled, and other registered bonds issued in
place of them. Principal and interest payable in New York. Trustee, Uuion Trust Com-
pany, New York. Listed on New York Stock Exchange.

The Chicago and Tomali RE. bonds are secured on the lines of the Galena and Wisconsin
ind Chicago and Tomali RRs., as follows : Galena, 111., to Woodman, Wis. ; Montfort, Wis.
to Madison. Wis.; Ipswich, Wis, to Plattville. Wis.'; and Lancaster Junction to Lancaster —
total length, 151.76 miles.

The Cedar Rapids and Missouri River RR., 1st Division, 1st mortgage bonds were paid
*5ff at maturity, -August 1, 1891.

The 1st mortgage bonds of the Chicago and Milwaukee Ry., the Peninsula RR. of Michi-
gan, the Iowa Midland Ry., and the Winona and St. Peter RR. (Ex. W. D.) are also listed
bn the New York Stock Exchange.

Land Department. — Statement showing the condition of the several grants at the close
)f the fiscal year, May 31, 1891 :

NAME OF GRANT.

Unconveyed
May 31, 1890.

Deeded
During the
Year.

Contracts
Cancelled
during the
Year.

Unconveyed May 31, 1891.

Unsold.

Under Contract. 1 Total .

-ota Grant
fichifan Grant

Acres.
516,024. as
347,546. 35
291,275.79

Acres.
32,819.15
6,2-23.20
1,655.11

Acres.
6,212.98
2,742.91

Acres.
258,381.08
3-23,904.05
287,644.51

Acres. Acres.
224,824.64 483,205.72
17,419.10 341,323.15
1,976.17, 289,620.68

;<in Grant

Totals

1,154,847.02

40,697.46

8,955.89 869,929.64

244,219 91 1.114 149 55

Sale and receipts on account of lands during the year :

LAND GRANTS AND
LOTS.

Lands Sold
during the Y'r.

Acres.

1'Iinnesori

[imesota

•:M
Western Town Lot Co

Town Site Co.
liscellaneou* . .

Consider-
ation.

Average From
Price I Cash
per Sales and

Acre or! Advance
Lot. Payments.

48,156.801319,24496
1,7&5 50

.V2;

3,428.61
2,054.21

10,54863

5.903 36
52,060 89
42,111 40
31.28508

847 53,639.62: 462,909 72

6 63

45 7^
3 08
2 87

From De- From
ferred Interest
Payments| on
of Prior ! Credit
Sales. Sales.

From

Trespass

and
Stumpage

149 86

76,934 86 116.747 79 50.621 87

1,605 49i 1,473 09i 2. I

7,90285 7.791 43, 1,312 50 117,651 73

4,081 80 2,076 97! 10 66| 14,059 85

29,05029 23,4:31 85 4,451 80;

21,560 20 44,929 521 9,663 85

29,460 08 1,681 00! 96 S3

170,595 37

198,131 65166,422 23

131,711 58

Total
Eeceipts.

244,304 52
3,343 30

134,658 51
20,229 08
56,933 94
76,153 57
31.237 91

566,860 83

Amounts unpaid on outstanding contracts, May 31, 1891 :

LAND GRANTS AND LOTS.

Lands.

Town Lots.

Totals.

Minnesota . .

$788,213
41,238
2,242

51
85
75

$18,281

09

$806,494 60
41,238 85
2,242 75
80,176 21
131,500 72
2.267 20

jlichigan ...
Vigconsin
Q Town
'ioneer Town
liscellaneons

Totals . .

Lot Company

80.176
131,500

21
72

Site Company

2,267

20

8*33,962

31 j $229,958

02 j $1,063,920 33

134

POOR'S MANUAL — CHICAGO AND NORTHWESTERN SYSTEM.

Board of Directors, elected June 1891.

ALBERT KEEP, Chairman of the Board.

Marvin HugUtt Chicago, 111.

N. K. Fairbank " "

Horace Williams Clinton, la.

David P. Kimbail Boston, Mass.

Frederick L. Ames.

James C. Fargo . . .New York, N. Y.

JohnM. Bnrke "

Channcey M. Depew '
Samuel F. Barger. "
H. McK. Twombly

(One Vacancy.)

Chicago, 111.

W. K. Vanderbilt,.. New York, N.Y
F. W. Vanderbilt..

M. L. Sykes

Percy R. Pyne "

John I. Blair. . . .Blairstown, K . J.

Executive Committee : Albert Keep, Marvin Hughitt, Chauncey M. Depew, Samuel F
Barger, Frederick L. Ames, W. K. Vanderbilt, H. McK. Twombly, David B. Kimbail.

MARVIN HUGHITT, President Chicago, 111.

M. L. Sykes, Vice-President, Secretary, and Treasurer. . .New York, N. Y.

General Manager—John M. Whitman Chicago, III .

Asst. Sec. & Asst. Treas.—S. O. Howe. New York

2d Vice-President -M. M. Kirkman Chicago, 111 .

3d Vice- President— Wm. H. Newman " "

And. and Asst. Sec. -J. B. Redfield Chicago, 111.

CHICAGO OFFICE No. 22 Fifth Ave.

NEW YORK OFFICE. . No. 52 Wall Street.

CHICAGO AND NORTHWESTERN SYSTEM.— FREMONT, ELKHORN AND
MISSOURI VALLEY RAILROAD COMPANY.

Main Line of Road.— Omaha, Neb., to Wyoming Line 469.39 miles

Other Divisions and Branches, including W. C. Ry. and S. C. & P. RR 920.60 miles.!

Total length of lines operated May 31, 1891. 1,389.99 miles.

Sidings, etc., 115.86 miles. Gauge, 4 ft. 8£ in. Rail (steel, 1,246.41 miles), 56 Ibs.
Statement of mileage, as operated by divisions:

SOUTH PLATTE DIVISION.

Omaha, Neb., to Arlington, Neb 27.76

Fremont, Neb., to Hastings, Neb 127.26

Linwood, Neb., to Kansas State Line. 124. 14

Platte Eiver to Lincoln, Neb 45. 11

Omaha Stock Yards Line . . . . 10.36—334.63 m.

EASTERN DIVISION.

Fremont, Neb., to Long Pine, Neb. . .213.63
Jc.n.Scribner, to Oakdale(wa Albion). 113. 91
Norfolk Jc., Neb., to Verdigre, Neb. . 54.04—381.58 m.

BLACK HILLS DIVISION.
Long Pine, Neb., to Deadwood, S. D. .342.57

Whitewood to Belle Fourche 21 . 19

Buffalo Gap to Hot Springs

Dakota June, to Neb. State Line.
Neb. State Line to Casper, \V. T.
(Wyoming Central Railway)

Total F.,E. &M. V. RR

Sioux CITT AND PACIFIC RR.
Missouri Valley to Sioux City, la. ... 75.65
California June, to Fremont, Neb. , . . 31.77-107.43 n

Total length of all lines operated, May

31,1891 1.3S9.99

Average length of lines operated in year —

14.12

:>s.(«

130.46-566,
...1.282

History.— Chartered January 20, 1869; road opened in August, 1871. The entr
share capital and a majority of the consols, are owned by the Chicago and North
Ry. Co. This road, the Sioux City and Pacific RR., and the Wyoming Central Jiy. a
operated independently of the C. & N. W. Ry., and are known as the Trans-Missouri Riv
Lines.

The three extensions to Hot Springs, Deadwood, and Belle Fourche. S. Dak., 48;
miles, referred to in last year's statement, were completed during the year ; and 1
miles was added to the length of the line from Linwood, Neb., to the Kansas State Line, '
remeasurement — a total of 46.11 miles added to the length of the lines during the year.

Rolling Stock, May 31, 1891.— Locomotive engines, 90. Cars— passenger, 36 ; combii
lion, 10 ; baggage and express, 7 ; mail, 2 ; freight (box, 1,400 ; platform, 635; stock, 6
caboose, 45), 2,770; boarding, 8 ; officers', 1 ; other, 3— total, 2,837.

POOR'S MANUAL — CHICAGO AND NORTHWESTERN SYSTEM. 135

Operations for year ending May 31, 1891 (1,260.98 miles).— Train mileage, passenger and

not reported. Earnings— passenger, $819,584.45; freight, $2,221,700.20;

?, .|81.41T.53; mail, $138,522.48; miscellaneous, $49,015.55— total, $3,310,240.21.

Mt: rxp.-nses and taxes, $2,258,626.53. Net earnings, $1,051,613.68. Payments:

t on bonds, $976,898.82 ; rental, S. C. & P. RR., $13,512.97— total, $990,411.79. Sur-

-••1,201.89. Surplus from last year, $1,407,210.25— total surplus, $1,468,412.14.

Financial Statement, May 31, 1891.— Capital stock, $1,966,500 ; funded debt, $18,599,000;

: accrued, $79,240; interest due on bonds (unpresented coupons), $3,420; profit and

..468,412.14— total, $22,116,572.14. Contra : Cost of road, etc., $20,959,084.13 ; bonds

.$1,000 ; Chicago and Northwestern Ry. Co., $1,001,953.47 ; cash on hand, $154,534.54

2-3.116,572.14.

Funded debt consisted May 31, 1891, of—

nt?e. 6 per cent. 50-year bonds, due October 1, 1933. interest April and October $7,725,000

mrsre. 6 per cent. 50-year bonds, issued to Chicago and Northwestern Ry. Co. in return for 4
nor cent, bonds and deposited with trustee (together with §2,560,000 W. C. Ry. bonds. (See C. &

X. W. ) ." 10,675.000

['. car trust 6 per cent, bonds, dated March 1, 1883, interest March and September 199,000

Annual meeting, Friday succeeding third Wednesday in May. Principal and interest of
guaranteed by the Chicago and Northwestern Ry. Co., and payable at the office of that
any in New York.

SIOUX CITY AND PACIFIC RAILROAD.— Missouri Valley to Sioux City. la., 75.65 m.: Cali-
fornia June, to Fremont, Neb., 31.77 miles— total, 107.42 miles. Sidings, etc., 29.63 miles. Gauge, 4 ft. 8* in .
Rail (steel. 91.76 miles). 56 and 60 Ibs.

/v/.— Chartered August 1. 1864; road opened throughout February 11. 1869. In 1884 the Chicago and
Northwestern Ry. Co. purchased all but a few shares of the capital stock of this company.

Bollixy Slock. May 31, 1891.— Locomotive engines, 12. Cars— passenger. 8 : baggage and express, 3 ; com-
bination. 2 : freight (box, 90 ; stock, 20 ; platform, 46), 156 : caboose. 12 ; other, 5— total cars, 186.

•ition* for year ending May 31. 1891.— Train mileage, passenger and freight statistics not reported. Earn-

--enger. $237,481.76 ; freight. $211.455.32 ; express, S7.514.52 : mail, $23,360.13 ; miscellaneous. $21,571.32

§501.383.05. Operating expenses and taxes, §308.088.05. Net earnings. $193.295. Payments : Interes

on bonds. §97,680; on government lien. §97,699.20; dividends on preferred stock. $11.830— total (less §4.664.18

profit and loss), $202,545.02. Balance, deficit, $9,250.02. Deficit from last year, $1,431,926.62— total deficit, as per

balance sheet. §1,441,176.64.

•..•'ml stnt(m*nt. May 31, 1891.— Capital stock (common, $1,899,400; preferred. $169.000), $2,068.400;
funded debt. $3.256.320 ; accrued interest ou government lien. §2,237.749.49 : interest unpaid and accrued, §42.425 ;
dividends unpaid. §1.971.66 : vouchers and accounts, payable in June, §46,824.78— tofcil. §7.653,690.93. Crnitra :
Construction and equipment, §5.619.816.37 ; materials and fuel. §65.095.70 : cash. §205,498.45 ; due by government,
§251.211.11 : agents and others. §70.892.66 ; profit and loss. §1.441.176.64— total, §7,653,690.93.

The funded debt consisted May 31, 1890, of—
1st mortgage 30-year 6 per cent. $500 and §1,000 bonds, due January 1. 1898. interest January and July. $1,628,000
S. Subsidy 2d mortgage 30-year 6 per cent, bonds, due 1898 and 1899, interest January and July 1,628,320

The preferred stock pays 7 per cent, per annum, April 1 and October 1, at Boston, Maes. Interest on bonds
payable at National Park Bank. New York City. Annual meeting, third Wednesday in May.

tors (elected May 20. 1891).— Marvin Hughitt, Albert Keep. W. H. Stennett, Chicago, 111. : M. L. Sykes,

New York. N. Y. ; D. P. Kimball, Boston, Mass ; Horace Williams. Clinton, la. ; W. H. Newman. M. M. Kirk-

nian. J. B. Redfield, Chicago. 111. MARVIN HUGHITT. President, Chicago, 111. ; M. L. Sykes, Vice-President. New

S'. Y. ; M. M. Kirfcman. Treasurer <n«! Comptroller, Chicago, 111. ; J. B. Redfield, Secretary end Auditor,

licago. 111. PRINCIPAL OFFICE AND ADDRESS. Cedar Rapids, la.

WYOMING CENTRAL RAILWAY.— Nebraska State Line to Casper, W. T.. 130.46 miles. Con-
struction begun in 1*86 and road completed in 1888. Leased to the Fremont, Elkhorn, and Missouri Valley RR.
Co., of whose line it is a continuation. Operations included in those of the lessee, which receives all its earnings
and pays all its expenses, including interest on the bonds.

Statement, May 31, 1891.— Capital stock, $15,000 : 1st mortgage bonds issued to Chicago and North-
i Ry. Co. in return for 4 per cent, bonds deposited with trustee, $2.560,000; due C. & N. W. Ry. Co
33.64— total. $2,576,433.64. Contra: Cost of road. $2,131.157.92; cash; $445,275.72— total. §2.576.433.64.
HUGHITT. Pretiilftit. Chicago, 111. ; M. M. Kirkman, Treasurer ; J. B. Redfield, Secretary, Chicago. Ill
PRINCIPAL OFFICE AND ADDRESS, Chicago, 111.

loard of Directors, Fremont, Elkhorn and Missouri Valley RR. Co., elected May 22, 1891.

Marvin Hughitt Chicago, 111. J. B. Redfield Chicago, 111 . 1 M. L. Sykes New York, N. Y.

tKeep " M.M. Kirkman " « I Horace Williams Clinton, la.

David P. Kimball Boston."

MARVIN HCGHITT, President Chicago, 111.

Albert Keep, Vice -President Chicago, 111.

Treasurer-^. M. Kirkman Chicago, 111. | Sec. & Auditor-J. B. Redfield Chicago, 111.

PRINCIPAL OFFICE AND ADDRESS Chicago, 111.

136 POOR'S MANUAL OF RAILROADS.

CHICAGO AND WESTERN INDIANA RAILROAD COMPANY.

Main Line of Road.— Polk Street, Chicago, to Dolton, 111 .16.99 miles

( Hammond Junction to State Line 10.28

BrancJies : ] Auburn Junction to Cragin I 91 Q-I CM *Q -i

( Pullman Junction to South Chicago, 111 \ ^Ldl

Total length of lines, June 30, 1891 48.58 miles.

2d track, 39.81 ; 3d track, 4 ; 4th track. 4 ; sidings, 64.40 miles. Gauge, 4 ft. 8$ in. Kail
(steel), 60 and 66 Ibs.

History.— Organized June 9, 1879 ; main line opened in December, 1880, to Twelfth
Street, Chicago, and in June, 1883, to Polk Street. On January 26, 1882, the South Chicago
and Western Indiana RR. Co. and the Chicago and Western Indiana Belt Ry Co., were ab-
sorbed by consolidation.

PROPERTY.— The real estate (including wharf property on the Chicago River) owned in
fee simple, aad covered by the general mortgage, consists of 61 acres of land within the city
limits, upon which are passenger and freight depots leased to various companies ; 78 acres for
right of way and switch-yards adjoining the city, leased to the same companies ; 202 acres f
transfer yards on the Belt Division, and 28 acres for yard grounds at junction of Hammo:
Extension and Belt Division. The elevator of the company (capacity, 1,500,000 bushels)
situated on the Chicago River, near 18th Street, on the main line.

The Belt Division and the Indiana Elevator are leased to the Belt Ry. Co. of Chi
and the rest of the property is leased conjointly by the Chicago and Eastern Illinois RR. Co.
the Wabash Ry. Co., the Chicago and Grand Truak Ry. Co., the Chicago and Erie Ry.
the Louisville, New Albany and Chicago Ry. Co., and the Atchison, Topeka and Santa Fi
RR. Co., those companies paying all expenses of operating and maintaining the property on
basis of mileage. The leases are all covered by the mortgage as additional security.

RENTALS. — The lessees pay monthly a rental sufficient to pay the interest on the bonds
issued against their respective leases, and in addition an amount sufficient to retire the prin-
cipal of such bonds before maturity. These rentals are paid to the trustees. After paying
the interest on the outstanding bonds, the balance of the rentals is paid over to the company.
The sinking fund is invested by the trustees in the purchase of outstanding bonds every six
months, per terms of mortgage. The present leases yield a rental of over $800,000 annually,
which is all paid to the trustees in the manner explained above.

Rolling Stock, June 30, 1891. — Locomotive engines, 33. Cars (platform, 99 ; caboose,
15 ; stone dump, 50), 164; other, 20 — total, 184. Also 1 steam derrick. Of this equipment
30 locomotives. 80 flat, 14 caboose, 50 stone dump, and 6 hand cars are leased to the Belt
Railway Co. of Chicago.

Income Account, June 30, 1891. — Rentals from lessee companies, $1,107,236.79 r rent of
elevator, $30,000; rent of houses and lands, $23,486.03 ;. discount, interest, and excL:
$210.815.48— total income, $1,371,538.30. Payments: Interest on bonds, $527,115 ; w
fund, $95.026.47 ; dividends on stock (August, 1890, and June, 1891, 1 per cent, each), $100,-
000 ; dividend paid July 1, 1890, in Belt Ry. Co. stock, $1,000,000 ; trustees' commi>
$3,082.41 ; expenses of houses, $1,308— total, $1,726,531.88. Balance, deficit, $354,9!.'
Surplus from last year, $994,497.48. Surplus as per general balance sheet, $639,503.90.

During the past year a general settlement cf accounts between this company and the Belt
Ry. Co. was effected, by which $1,000,000 of indebtedness due to this company from
Belt Co. was paid in stock of the latter, and this stock was distributed among this comp;'
stockholders in the shape of a dividend.

Annual meeting, first Tuesday in June, at Chicago, 111. Books close for annual meeting
ten days previously. Trustees of bonds, A. J. Thomas and Charles E. Tracy, New York.
N. Y. Registrar of stock, M. J. Clark f(secretary), Chicago, 111. Interest payable at <
of Drexel, Morgan & Co., New York, N. Y. Total number of dividends paid to date. K'

POOR'S MANUAL OF RAILROADS. 137

The firsts and the general mortgage 50-year bonds are listed on the New York Stock Ex-
General Balance Sheet, June 30, 1891.

. of Road and Building $13.313,944 94 [ Capital Stock (par, $100) £5,000,000 00

Rolling Stock i")(i,."»43 tio j Funded Debt 8,976,666 67

te 2.530,173 54 j 1st Mtge. B'd* Retired, but not Presented 48,000 00

ind Fiu-1 69,187 29 i Current Accounts £33.263 81

Omvm Account and Bills Receivable.... 547,205 54; Sinking Fund^Paid in 2.120,640 92

- on Hand .% 64,52475 Interest Accrued, not Due 57,90834

-'•. in Hands of Trustees 283,90793 Interest Coupons, not Presented 8.89000

ish in Hands of Divxel. Morgan «fe Co. . 119,380 00

Total Assets $17,184,873 64

Profit and Loss 639,503 90

Total Liabilities §17,184,873

Funded debt outstanding June 30, 1891, consisted of —

l.*r mtiro. 6 p. c. 40-year coupon $1,000 bonds, due Nov. 1. 1919. int. May and Nov. Cauth., $4,000,000). $2,003,000 00
Cen. uuije. 6 p. c. 50-yr. coup. £1,000 bonds, due Dec. 1, 1 932, int. M., J., S. and D. (auth., $10,500.000). 6,396,666 67
On. in tire. 6 p. c. 44-yr. coup. $1,000 bonds, due Dec. 1, 1932, int. M., J., S. and D. (auth., $1,000,000). 577,000 00

The first mortgage bonds are payable in New York (principal and interest) in gold coin,
and are provided with a sinking fund from January 1, 1885, sufficient to pay off all the bonds
at 105 and interest, at which price they are redeemable by lot since that date. The same
conditions apply to the general mortgage bonds, with the exception that action of sinking
fund did not begin until January 1, 1886. Provision is made for registration of principal
of bonds of both issues. Of the general mortgage bonds $2,003,000 are reserved to retire an
| equal amount of Chicago and Western Indiana 1st mortgage bonds. The general mortgage
j of 1888 was issued for improvements, for which additional rentals will be received.

Directors (elected June 2, 1891.)— 0. S. Lyford, J. D. Springer, Chicago, 111. ; W. J.
Spicer, Detroit, Mich. ; Charles M. Hays. St. Louis, Mo. ; Samuel Thomas, E. B. Thomas,
New York, X. Y.

VOLNEY T. MALOTT, Chairman of the Board Chicago, 111.

E, B. THOMAS, President and General Manager Chicago, 111.

/• — J. E. Murphy C'hicago, 111. | Secretary and Auditor — M. J. Clark Chicago, 111.

PRINCIPAL OFFICE AND ADDRESS Dearborn Station, Chicago, 111.

• Transfer Office . . ^ Drexel, Morgan & Co., New York City.

CHICAGO, BURLINGTON AND KANSAS CITY RAILWAY COMPANY.

is f R i _ (Viele, la., to Bloomfield Jet., la 59.70 miles.

"(Moulton. la., to Carrollton, Mo 121.29 miles.

Tracka . \ 6'., B. & Q. RR. : Viele, la., to Burlington, la 25.00 miles.

' "/ Wabush Ry. . Moulton, la., to Bloomfield Jot., la 14.11 miles.

Total length of lines operated 220.10 miles.

Sidings, etc., 12.28 miles. Gauge, 4 ft. 8 in. Rail (steel, 88.78 miles), 56 and 60 Ibs.

History.— Consolidation, August 16, 1881, of the Chicago, Burlington and Kansas City,
jand the Kansas City, St. Joseph and Burlington Ry. Cos. (See MANUAL for 1891.)

Rolling Stock. — Locomotive engines, 11. Cars — passenger, 3 ; baggage, mail, and ex-
3 ; freight (box, 50 ; platform, 39; coal, 131), 220— :otal, 226. Abo 7 caboose cars
and 1 pile-driver.

Operations for year ending June 30, 1891.— Train mileage— passenger, 137,938 ; freight

!3,538— total, 371,476 miles. Passengers carried, 137,265 ; carried one mile, 2,802,044.

Freight (tons) moved, 219,685 ; moved one mile, 15,866,604. Gross earnings— passenger,

;71,083.48 ; freight, $239,726.15; mail, express, etc., $31,110.60; rents, etc., $11,482.33—

138 POOR'S MANUAL OF RAILROADS.

total, $353,402.56. Operating expenses— transportation, $111,013.85; equipment, $26,913.77;
way and buildings, $84,465.20 ; general, $21,788.87— total, $244,181.60. Net earnings (30.91
per cent.), $109,220.87. Payments : Interest on debt, $309,550 ; rents, $6,772.80 ; taxes, etc.,
$14,650.26— total, $330,973.06. Balance, deficit, $221,752.19. Surplus from last year. $211,-
808.86. Deficit June, 30, 1891, $9,943.33.

Financial Statement, June 30, 1891.— Capital stock, $8,000,000 ; current liabilities,
$866,743.71; accrued interest, $236,946.83 ; profit and loss, $5,523.38— total, $9,109,213.92.
Contra: Cost of road, $8,821,854.58; rolling stock, $164,877.23; stocks owned, $789.92; ma-
terials and supplies, $42,116.98; sundries, $4,016,10; cash and current assets, $65,615.78;.
profit and loss, $9,943.33— total, $9,109,213.92.

Annual meeting, third Wednesday in May.

Directors (elected May 20, 1891).— J. W. Blythe, W. W. Baldwin, H. B. Scott. W. F.
McFarland, Burlington, la. ; J. C. Peasley, Chicago, 111.

W. W. BALDWIN, President Burlington, la.

J. C. Peasley, \st Vice- President and Treasurer Chicago, HI.

2d Vice- President,— Geo. B. Harris Chicago, 111. j Secretary— H. E. Jarvis Burlington, la.

Auditor— C. M. Carter St. Joseph, Mo. \ General Superintendent— C. M. Levey Keokuk, la.

PRINCIPAL OFFICE AND ADDRESS Keokuk, la.

Transfer Office Burlington, la.

CHICAGO, FORT MADISON AND DES MOINES RAILWAY COMPANY.

Line of Road.— Fort Madison, la., to Collett Station, la 45 miles.

Sidings, 3 miles. Gauge, 3 ft. Rail (steel, 4 miles), 30 and 45 Ibs.

History. — Successor to the Fort Madison and Northwestern RR. Co., whose road was
sold under foreclosure in March, 1890. (See MANUAL for 1890, page 504.) Since the close of
the fiscal year the gauge has been broadened to the standard and an extension completed to
Liberty ville, 4 miles from Collett.

Rolling Stock, June 30, 1891.— Locomotive engines, 3. Cars— baggage, mail, and
express, 1 ; freight (box, 16 ; stock, 20 ; platform, 25), 61 ; caboose, 1— total, 63.

Operations for year ending June 30, 1891.— Train mileage (mixed), 28,170 miles. Pas |
sengers carried, 10,672; carried one mile, 147,200; average mile rate, 3.71 cents. Tou:
freight moved, 10,877; moved one mile, 297,345; average ton -mile rate, 5.91 cents. ]
ings— passenger, $5,539.65; freight, $17,357.47; mail, $1,773.92; express, $340.52; other
$39.60 — total, $25,051.16. Operating expenses — transportation, $9,064.80 ; maintenance o
equipment, $1,659.72 ; maintenance way, etc., $3,529.12; general, $5,909.60— total, $20.103.24
Net income, $4,887.92. Paid for equipment, $800. Surplus for year, $4,087.92. Defici
ward, $433.86— net surplus, $3,654.06.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $40,000; equipment
$3,017.09 ; current liabilities, $1,731.71 ; profit and loss, $3,654.06— total, $48,402.86. Contra
Cost of road, $40,0 JO ; rolling stock, $3,017.09 ; cash and current assets, $5,385.77— total
$48,402.46. This company has no bonded debt.

Directors.— C. C. Wheeler, Willard T. Block, E. S. Conway, D. B. Dewey, Chicago,
William P. Scott, Cedar Rapids, la. ; E. C. Long, F. A. Seymour, St. Paul, Minn. ; E
Skinner, Birmingham, la. ; Samuel Atler, Fort Madison, la.

C. C. WHEELER, President Chicago, 111.

Willard T. Block, 1st Vice-President Chicago, 111.

Edwin S. Conway, 2d Vice-P resident Chicago, 111.

Treasurer— Edgar C. Long St. Paul, Minn. | Secretary— W . P. Scott Cedar Rapids

PRINCIPAL OFFICE AND ADDRESS Fort Madison, la.

Transfer Office . . . .185 Dearborn Street, Chicago.. 111.

POOR'S MANUAL OF KAILROADS. 139

CHICAGO, IOWA AND DAKOTA RAILROAD COMPANY.

Line of Road.— Eldora Junction, la., to Alden, la 26.50 miles.

•sidings, 2.5 miles. Gauge, 4 ft. 8^in. Rail (steel), 56 Ibs.

History.— Chartered May 20, 1881. Road opened January 14. 1884.

Rollins; Stock, June 30, 1891. — Locomotive engines, 2. Cars— passenger, 2; freight
box, 2 : platform, 2 ; coal, 10 ; stock, 2), 16— total, 18.

Operations for year ending June 30, 1891.— Train mileage— passenger, 8,712 ; freight,
6.138; other, 5.600 — total, 40,450 miles. Passengers carried, 18,697; carried one mile,
38,933 ; average mile rate, 3.09 cents. Tons freight moved, 25,506 ; moved one mile, 347,-
86 ; average ton-mile rate, 9.24 cents. Earnings— passenger, $7,377.99 ; freight, $32,072.61;
'iail, $1,126.56 ; express, $443.26 — total, $41,020.42. Operating expenses — transportation,
ill, 964. 88 ; motive power and cars, $3,827.31 ; maintenance of way, etc., $15,519.52 ; general,
;. 51— total, $37,156.22. Net earnings, $3,864.20.

Financial Statement, June 30, 1891.— Capital stock (common, $167,400; preferred,
197,800), $'245.200 ; funded debt, 1st mortgage 6 per cent. 30-year $1,000 gold coupon bonds,
ue December 1, 1932, interest December and June, $397,000; bills payable, $6,112.65 ; cur-
ent accounts, $1,902.99 ; other liabilities, $484.84— total, $650,700.48. Contra : Cost of road,
,391,250.20 ; cost of rolling stock, $30,020.76 ; bills receivable, $424 ; cash, $697.90 ; current
ccounts, $630.66; materials and fuel, $729.53— total, $423,753.05.

Interest paid at New York City. Annual meeting, second Wednesday in June, at Eldora,
ji. Farmers' Loan and Trust Co. of New York, trustee of bonds.

Directors. — John Porter, W. S. Porter, J. H. Smith, G. H. Wisner, Eldora, la. ; Martin
ritchard, Alden, la. ; H. N. Brockway, Garner, la. ; David Secor, Winnebago City, Minn.

JOHN PORTER. President and General Manager Eldora, la.

David Secor, Vice-President Chicago, 111.

rfosurer — H. N. Brockway Garner. la. | Secretary — J. D. Newcomer Eldora, la.

Auditor and Purch. Agt.—W. S. Porter Eldora, la.

PRINCIPAL OFFICE AND ADDRESS Eldora, la.

CHICAGO, KALAMAZOO AND SAGINAW RAILWAY COMPANY.

Line of Road as Projected.— Kalamazoo, Mich., to Saginaw, Mich 125.00 miles.

•mpltted : Kalamazoo, Mich., to Woodbury, Mich 44.20 miles.

dings, etc., 3.8 miles. Gauge, 4 ft. 8| in. Rail (steel), 56 Ibs.

History. — Chartered December 10, 1887, and road opened to Woodbury September 1,
The company expects to complete the road to St. John's and possibly to Saginaw dur-
g 1892. Pending completion, the Construction Company is operating the road.

Rolling Stock. — Locomotive engines, 3. Cars — passenger, 2 ; baggage, etc., 1 ; freight
t>x, 1 ; platform, 10). 11 ; caboose, 1 ; other, 15— total cars, 30.

Operations for year ending December 30, 1890. — Train mileage and traffic operations,

reported. Earnings— passenger, $21,552.23; freight, $22,679.37; mail, $1,905.96 ; ex-
$586.08: other, $467.67— total, $47,191.31. Operating expenses— transportation, $16,-
3.46; maintenance of cars, $1,531.96 ; way and buildings, $8,572.87; general, $5,424.95—
tal, $32,043.24. Net earnings, $15,148.07."

financial Statement, June 30, 1891.— Capital stock authorized ($100 shares), $2,000,000;
bscribed, $71,500 ; paid in, $3,575. No stock or bonds issued. Road still in hands of
Instruction company.

Annual meeting, second Tuesday in September, at Kalamazoo, Michigan.

Directors (elected September 8, 1891).— Andrew J. Bowne, Grand Rapids, Mich.; Fred-

140 POOR'S MANUAL OF RAILROADS.

erick Bush, W. S. Dewing, H. F. Badger, O. M. Allen, Leroy Cahill, Kalamazoo, Mich.;
Charles S. Burton, Hastings, Mich.

ANDREW J. BOWNE, President Grand Rapids, Mich.

W. S. Dewing, Vice- President and General Manager Kalamazoo, Mich.

Treasurer and Aud.—H.. C. Potter. . .Kalamazoo, Mich. | General Supt.—L. Sergeant Kalamazoo, Mich.

PRINCIPAL OFFICE AND ADDRESS . .Kalamazoo, Mich.

CHICAGO, KANSAS CITY AND TEXAS RAILWAY COMPANY.

Line of Road.— North Kansas City, Mo., to Smithville, Mo 20.20 miles.

Sidings, 0.92 mile. Gauge, 4 ft. 8£ in. Rail (steel), 60 Ibs.

History.— Chartered January 13, 1887, and road opened in 1889.

Rolling" Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 3 : freight
(box, 12 ; stock, 8 ; platform, 6 ; coal, 2), 28— total cars, 31.

Operations for year ending June 30, 1891.— Train mileage— mixed, 43,800 ; other, 0,500
—total, 50,300 miles. Passengers carried, 36,874. Tons freight moved, 8,585. Earnings
—passenger, $12,375.30 ; freight, $10,732.49 ; mail, $902.88 ; other, $2,847.96— total, $26,- 1
858.63. Expenses — transportation, $13,055.20 ; motive power, $983.70 ; maintenance cars,!
$1,166.78 ; maintenance of way, $5,159.77 ; general, $1,306.90— total, $21,672.35. Net
earnings, $5,186.28. Add stock K. C., B. & T. Ry., received for franchise for bridge oveij
the Missouri River at Kansas City, $500,000— total, $505,186.28. Paid interest on bonds,!
$24,750 ; sundries, $7,626.68— total, $32,376.68. Balance, surplus, $472,809.60 ; sur;
from 1890, $7,418.42— total surplus, $480,228.02.

Financial Statement, June 30, 1891.— Capital stock (authorized, $1,000,000, par, $100) I
$472,000 ; funded debt (1st mortgage 6 per cent. 20-year $1,000 coupon bonds, due June 1
1907, interest payable June and December), $425,000 ; current accounts, $29,020.52 ; accruecj
interest, $2,125 ; profit and loss, $480,228.02— total, $1,408,373.54. Contra: Cost of
$847,004.50; equipment, $50,000; stocks and bonds, $500,000; bills receivable, $97' •
current accounts, $10,259.80; cash, $138.90— total, $1,408,373.54.

Annual meeting, first Tuesday after first Monday in June, at Kansas City, Mo.; book;!
close thirty days previously. Thirty days' ownership of stock entitles holder to vote. In
terest payable at National Bank of Commerce, New York City. Trustee of bonds, CYr
Trust Company, New York, N. Y. Registrar of stock, Secretary of company.

Directors (elected June 2, 1891). — Theo. C. Bates, Worcester, Mass.; Francis Amon
Boston, Mass.; Gardiner Lathrop, Kansas City, Mo.; J. H. Whitmore, Stoneham, Mass
E. Dana, Brooklyn, N. Y.; Geo. A. Goddard, E. W. Burdett, Boston, Mass.

THEO. C. BATES, President Worcester, Mass.

Secretary and Treasurer— Francis Amory. Boston, Mass. | Auditor— C. A. Peabody Kansas Git >

PRINCIPAL OFFICE AND ADDRESS 515 Main Street, Kansas City, Mo.

Stock Transfer Office. . . Boston, Mass.

CHICAGO, MILWAUKEE AND ST. PAUL RAILWAY COMPANY,

Main Line of Road.— Chicago, 111., to Minneapolis, Minn 420.00 mile

Other divisions and branches, shown below, owned solely 5,291 .95 mile

Other lines owned jointly with other companies 9.45 mile

Total length of lines operated, June 30, 1891 5,721 .40 mile

2d and 3d track (owned, 110.16 ; owned jointly, 2.82), 112.98 miles. Sidings (owned, 1,141
84; owned jointly, 21.94), 1,169.78 miles. Tracks of other companies used, 44.81 nu'h
Total track, 7,048.97— steel, 4,664.47 miles; iron, 2,378.69 miles. Gauge, 4 ft. 81 in. Ra
56 to 67 Ibs.

141

142

POOR'S MANUAL — CHICAGO, MILWAUKEE AND ST. PAUL RY. CO.

Statement in detail of the lines of C., M. & St. P. Ry. Co., June 30, 1891 :

Chicago Division.
Milwaukee, Wis., to Western Av.,

Chicago, 111 82.98—

Roundout to Libertyville, II 3.00— 85.98 m.

Evanston Division.
Chicago to Wilraette, 111 13.69 m.

Eacine and S. W. Div. in Wis. and 111.

Racine, Wis., to Kittredge, 111 119.1)4

Savanna to Port Byron June., 111. . . 47.70

Eagle to Elkhorn, Wis 16.59

Rockton to Rockford, 111 14.94—199.17 ni.

Eacine and S. W. Div. in Iowa.*

Elk River Jc., to Clinton, la 10.05

Davenport to Jackson Jc., la 153.37

Eldridge to Hurstville, la 34.61

Farley to Paralta, la 43.63—241.66 m.

Chicago and Council Bluffs Div. in 111.

North Chicago to Pacific Jc., Ill 3.39

Pacific Jc. to Savanna, 111 ' 133.18

Galewood to Dunning, 111 3.18-139.75 m.

Chicago and Council Bluffs Div. in Iowa.

Savanna, 111., to Council Bl. Trans. 351.48 m.

Kansas City Extension.

Marion to Otttimwa, la 97.00

Ottumwa Jc., la., to Coburg, Mo. . .202.54-299.54 m.

Dubuque Division.

Sabula Jc.,Ia., to River Jc., Minn.. 161. 11
Turkey River Jc., to W. Union, la. 58.34

Bellevue to Cascade, la 35.77

Wnukon Junction to Waukon, la.. 22.9.">

Reno to Preston, Minn 57.77—335.94 m.

Northern Division.

North Milwaukee to Portage, Wis. .100.27

Horicon to Berlin, Wis 42.30

Rush Lake to Winneconne, Wis. . . . 14.89
Merrill Park to Schwartzburg, Wis. (5.25

Ripon to Oshkosh, Wis 19.09

Brandon to Markesan, Wis 11 .49

Iron Ridge June, to Fond du Lac. . . 28.52
Cement Line Junction to Rock .... 1.06
In City of Fond du Lac 2 . 62—226 .49 m.

Eiver Division.

N. La Crosse, Wis., to St. Paul.Minn.129. 81

St. Paul to Minneapolis, Minn 8.30

St. Croix Junction to Stil water 24.78—162.89 m.

"Wabasha Division.
Wabasha to Zumbrota, Minn 60.21 m.

Chippewa Valley Division.
Wabasha, Minn., to Chip. Falls, Wis. 62.60
Red Cedar Junction to Cedar Falls.. 20.67—83.27 m.

Iowa and Minnesota Division.

Con over to Decorah, la 10.00

Northfleld to Cannon June., Minn. . 31 .98
Calmar, la., to Minneapolis, Minn . .172.02
Austin, Minn., to Mason City, la. . . 3!). 29
Mendota to St. Paul, Minn . . 5.56—258.85 m.

Prairie du Chien Division.

Milwaukee to Prairie du Chien 11)5.36

Mazomanie to Prairie du Sac 10.37

Lone Rock to Kichland Centre 16.22

Stock Yards to Merrill Park, Mil . . . 0.80—2^.75 m,

Mineral Point Division.

Milton to Shullsburg, Wis 76.S4

Janesville to Beloit Junction, Wis. . 13. si

Brodhead to New Gl'arus, Wis 22.78

Warren. 111., to Mineral Point, Wis. 32.29
Calamine to Platteville, Wis 17.08—162.85 m.

La Crosse Division.

Milwaukee to La Crosse. Wis 196.37

Madison to Watertown Jc., Wis. . . . 36.48
East Madison to Portage City, Wis. 33.01
Viroqua Junction to Viroqua, Wis. 32.17
North La Crosse to Onalaska, Wis . . 3 . 76—301 . 79 m.

Wisconsin Valley Eailroad.

Tomah to Minocqua, Wis 161 . 50

Mather to Carrick & Goodyear, Wis. 16.01
Lapham Junction to Zeda, Wis. . . . 2.66
New Lisbon to Babcock, Wis . . . 31 .6S

Babcock to Pittsville, Wis 9.97

Pittsville to Vesper, Wis 8.42

Dexterville to Lynn, Wis 24.90—255.14 m

Iowa and Dakota Division.

Spencer to Spirit Lake, la 20.18

Marion Jc. to Running Water S. D. 62.85
N. McGregor, la., to Chamberlain,

So. Dak 441.25

Be ul ah Jc. to Elkader, la 19.22

Rock Valley, la., to Eden, So. Dak. 9.38—552.88 m

Sioux City and Dakota Division.

Sioux City, la., to Scotland Jc., S.D. 87.85

Scotland to Mitchell, So. Dak 47.67

Tripp to Armour, So. Dak 20.45

Sioux City to Manilla, la 90.17

Elk Point to Sioux Falls Jc.. S. D.. 102. 73— 34-^

Southern Minnesota Division.
La Cresent, Minn., to Woon socket,

So. Dak 393. 42

Madison to Bristol, So. Dak 103.02

Wells to Mankato, Minn 38.08—534.52 n !

Hastings and Dakota Division.

Ortonville to S. Minneapolis, Minn. 177. 27

Andover, S. D., to Harlem, N. D 55.91

Glencpe to Hutch inson, Minn 13.45

Hopkins to Lake Minnetonka, Minn. 7.84
Ortonville, Minn., to Fargo, N. D.. 116. 97
Ortonville Jc., Minn., to Aberdeen,

So. Dak 108.49

Hastings to Benton Jc., Minn 53.71

Millbank Northwest 33.00—56

James Eiver Division.

Mitchell to Aberdeen. So. Dak 128.31

Aberdeen, S. D., to Edgeley, N. D. . 64.33
Aberdeen to Bowclle, So. Dak. . . . .. 57.02

Roscoe to Orient. So. Dak 40.99

Roscoe to Eureka, So. Dak 26.39—317.04 r

Total mileage at the close of the fiscal year, 5,721.40 miles. Lines in Wisconsin,
66 miles ; in Illinois, 318.08 miles; in Iowa, 1,553.27 miles ; in Minnesota, 1,120.09 niil^
in North Dakota, 118.21 miles ; in South Dakota, 1,090.82 miles ; in Missouri, 140.27 mile !

History. — Organized February 14, 1874, as successor to the Milwaukee and St. PaM
Ry. Co. That company owned 1,399 miles of railroad and a majority interest in tl<
ern Union RR. Co., having 212.75 miles in operation. In following years the company i
creased its mileage by building new railroad or by the acquisition of other lines till it hi'
5.656.83 miles in operation at the close of the fiscal year 1890. Daring the past fiscal ye:,
the mileage was increased by the construction of a branch from Necedah to Babcock, Wi.-

This Division is now operated as part of the Chicago and Council Bluffs Division in Iowa.

POOR'S MANUAL — CHICAGO, MILWAUKEE AND ST. PAUL J*Y. CO.

18.94 miles, and one from Lynn northwesterly in the direction of Greenwood, Wis., 2.45
miles, built by the Lisbon, Necedah and Lake Superior Ry. Co., and purchased by this coni-
panv for $153,000 ; also by the purchase of the Wisconsin, Pittsville and Superior and the
Milwaukee, Dexterville and Northern Rys., having1 a mileage of 40.92 miles, extending from
ville Junction to Lynn and from Dexterville Junction to Pittsville and Vesper. The
cost of the two last named roads was $547,000 cash. In the MANUAL for 1888, on pages 390
and 391. was given a condensed history of the several lines forming the St. Paul system, and
on page 188 of the MANUAL for 1890 was shown the progress of construction of the different
lines forming the system, irrespective of the time they were acquired by the Chicago, Mil-
waukee and St. Paul Ry. Co.

The line of the Belt Ry. of Missouri, in which this company has a one-fifth interest, is
used as an entrance into Kansas City. A passenger station at Milwaukee, completed during
18S6, is used jointly by this company, the Wisconsin Central, and the Milwaukee and North-
ern Companies. The Wisconsin Central Lines .use the tracks of this company's Northern
Division from Rugby to Milwaukee, 27.6 miles, and terminal facilities at Milwaukee, includ-
ing access to the industries reached by the tracks of this company.

Under a contract made in 1890, and to endure for 999 years, the company has equal right
to the use of the Union Pacific tracks from Council Bluffs, la., to Omaha, Neb., including
the use of the bridge over the Missouri River at Omaha, and of the Union Passenger Station
ID Omaha.

On October 1, 1890, the company purchased the entire capital stock of the Milwaukee
and Northern RR. Co. ($6,158,250), issuing therefor $6,158,300 common stock, and by that
purchase acquired control of the following lines of railway : Milwaukee and Northern
main line, Milwaukee, Wis, to Champion, Mich., 254.20 miles ; Outonagon and Brule River
Ry., Ontonagon to Sidnaw, Mich., 46 miles ; Oconto and Southwestern Ry., Oconto Junction
to Oconto, Wis., 12.50 miles ; branch from Hilbert to Neenah and Appleton, Wis., 22 miles ;
branch from Ellis Junction to Marinette, Wris., and Menominee, Mich., 27.55 miles — a total
of 362.25 miles. The lines included in this purchase have been merged into the Milwaukee
and Northern RR. and are subject to an issue of 6 per cent, first mortgage bonds of that com-
pany, at the rate of $17,000 per mile. There is no other iucumbrance on the property.
The railroads are operated in connection with this company's lines, but all accounts are kept
separate, and the division of joint rates is made upon the basis prescribed by a contract in
force at the time of the purchase.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 801. Cars — passenger, 352 ; sleep-
ing, 57; parlor, 12 ; dining, 9 ; baggage, postal, mail, and express. 248 ; freight (box, 17,-
<>ck, 2,340 ; flat and coal, 4,327 ; refrigerator, 509 ; ore, 126 ; log, 65), 24,814 ; caboose,
wrecking, tool, etc., 503 — total cars, 25,995. The contract for the use of Pullman sleeping
cars on this road expired during the past year, and was not renewed, the companv supplying
the place of the Pullman cars with its own sleepers.

Operations for year ending June 30, 1891. — See tabulated statements following :

Uruings.— Passenger $G,27r.774 05

Freight 19,012,159 12

Mail, Express, etc 2,214,291 32

Total (§4,816.85 per mik

$27.504,224 4<)

Expenses.— Transportation $9,667,995 33

Motive Power 1,177.122 29

Maintenance of Cars 1,519,923 02

Maint. of Way & Bl'dgs 3,763,983 28

General and Taxes 2,237,476 23

Total ($3,216.55 per mile) $18,366,500 07

Net earnings (33.22 per cent.), $9,137,724.42. Add dividend on Mil. & No. RR. Co. stock,
$246,314 ; income from other sources, $172,110.73— total available revenue, $9,556,149.15.
Payments : Interest on bonds, $7,237,251.61 ; dividend No. 42 (3i per cent, on preferred
>ck, paid April 12, 1891), $767,756.50 ; interest and exchange. $84,217.33— total, $8,089,-
225.44. Balance, surplus for year, $1,466,923.71. Surplus, July 1, 1890, $2,410,514.55, from
which deduct old accounts charged off, $27,189.10 ; dividend No. 41, paid October 22, 1890,
from net earnings of fiscal year ending June 30, 1890 (3* per cent, on preferred stock), $764,-

144 POOR'S JffANUAL — CHICAGO, MILWAUKEE AND ST. PAUL RY. CO.

396.50— total, $791,585.60 ; leaving net surplus, $1,627,928.95.
above, $1,466,923.71. Total surplus, June 30, 1891, $3,094,852.66

General Balance Sheet, June 30, 1891.

Add surplus for year, as

Cost of Road and Equipment $189,624,727 91

Stocks and Bonds, etc., of Other Cos. . . 7,337.240 72

Mortgage Bonds of Co. Unsold 5,692,000 00

Company Stock in Treasury 4,821 00

Stock of Materials on Hand 2,313,223 30

Dues and Current Accounts 2,554.667 99

Cash on Hand 3,493,76000

Capital Stock, Preferred

Capital Stock, Common

Funded Debt

Vouchers, Pay Rolls, and Accounts

Loans and Bills Payable

Interest Accrued, not yet Payable. . ,
Dividends and Interest Unpaid . . .
Income Account . .

40,027,261 00
129,797,000 00
2,786,778 16-
:-$. 477,2-26 44
3,548

91, 045 24
3,094,852 6t>

Total Assets ; . . $211,020,440 92 Total Liabilities $211,020,440 92

The capital stock was increased during the year by the issue of $359,000 preferred and
$6,158,300 common shares, the former in exchange for $357,000 Milwaukee and St. Paul (or
La Crosse Division) first mortgage bonds, and $3,000 Prairie du Chien Division second mort-
gage bonds, and the latter for the stock of the Milwaukee and Northern RR. Co.

The preferred stock is entitled to 7 per cent, dividends, non-cumulative, after payment
of interest on all bonds, the company having the privilege of reserving, as a working capital,
a sum not exceeding $250,000 over the floating debt and the accrued interest on the mort-
gage bonds. After payment of 7 per. cent, on common stock both classes share any further
profits pro rata.

Bonds of all classes are $1,000 each, with provision for registration of principal of coupon
bonds. The. consolidated and many of the divisional mortgage bonds may be converted into
preferred stock at any time within ten days after dividends have been paid.

Stock and all the bonds (except Hastings and Dakota Division 1st mortgage 7s, $89,000 ;
Dubuque Division 1st mortgage 6s, $6,565,000 ; Wisconsin Vy. Division 1st mortgage 6s,
$2,391,000 ; real estate bonds, $225,000 ; Minnesota Central bonds, $123,000 ; Milwaukee and
Western RR, bonds, $215,000; Wisconsin Valley RR. bonds, $1,106,500; all but $5,000,000 of
the new general mortgage bonds ; and income bonds, Fargo_and Southern Ry., $200,000) are
listed on the New York Stock Exchange. Since the close of the fiscal year the Milwaukee
and Western RR. bonds have been paid off. MovSt of the Wisconsin Valley Div., and Dubuque
Div. bonds are held in Boston, and are probably listed on the exchange of that city. Annual
meeting in September — day appointed by directors. Books close for annual meeting about 16
days previously, and remain closed about 31 days. Books close for dividends about March 24
aud Sept. 24, and reopen about April 17 and October 17. Stock must be owned at time of
closing of transfer books to entitle holder to vote. Voting power attaches to all registered
bonds bearing date prior to 1878. Registrar of stock, Union Trust Co., New York ; transfer
agents, James M. McKinlay, J. M. Bokee, C. B. Ferry.

1. Statement of mileage, equipment, and capital accounts for ten years :

1

TOTAL
TRACK.

>

CAR STOCK.

LIABILITIES.

A«™.

•<3

a

Miles of Ka

St'l Rails.

Iron Rails.

Locomoti

1

i
1

S

o

31

r

•si

IP

Current
AccountK.

Income
Account.

ill

Other In-
vent inents.

Pi

M

V

W

Wo

Wo.

No.

yd.

S

S

S

S

|

s

1882 4,520.07 1.50C
18834,760.001,920

3,570
3,390

626

657

285
311

18,524
19,712

209 44,351,744
218 47,445,244

89,635,500
96.272.000

8,948.011
5,225,693

4,619,408 137,681,949

5,079.08<i 1 io.u<t:u;o5

2.05MUW5
2,100,112

1884'4,804. 00 2.189

3,165

658

339

19,657

241 47,445,244

100,254,000

3,703,825

5,688,961

149,420,734 1,908,758

5,600,55 v

1885 4.921. 00 2.250 i 3,483

684

360

19,295

667 52,445,161

101,470,000

1,894.226

7,049,109

i:>4.22S,77'5 1.371, SIS 7,257.9(1:,

1886
1887
1888
1889
1890
1891

5,297.743,161
5,669.95 3,737
6,678.153.941
5,678.153,987
5,656.834,406
5,721.404.605

2.949
2,026
2,830
2,822
2,450
2,379

704
740
786

783
776
801

373
375
382
379
377
430

21,263
21,513
22,365
22.475
22,716
24,814

690 52,460,161
743 61,277.261
775 ; 61, 479,861
771 61,479,861
761 61,708,861
751 68,226,161

111,658,000
119,236,000
118.984,000
123,765,000
125,693.000
129.797,000

2,683,935
6.391,372
7,902,227
5,781,463
6,502,925
9,902,427

S, 057.733 105.S')S,610
4.074,999 177,374,430
2,229,714 180.45-2.!); 4
1,538,682 183,889,871
2,419,515185,631,301
3,094,853189,624,728

1.461,012 7.500,201
3.i:i5.>
3.071,1:3 6,1
1,9:35,965 6.;
3.411.::
13.034.0r,-.' 6,1

THOS, C. DAY & CO.,

FINANCIAL AGENTS,
72 East flarket St., Indianapolis, Ind,

We have dealt for twenty-five years in flortgage Loans
with safety and satisfaction to those who have invested money
through us. Indiana, as a loan field, stands second to none.
The rate of interest offered here mav not be so larore as is

J o

promised in the far western states, but it is more certain to be
paid, the security offered is more reliable, and the risk to the
investor is, in this field, reduced to the minimum.

We take care of every loan we make, without charge to the
investor, attending to all the details until the loan is repaid by
the borrower.

We also buy and sell Municipal Bonds, and give careful
attention to any financial matters confided to our care. Address
as above.

POOR & GREENOUGH,

NEW YORK.

INVESTMENTS IN RAILROAD BONDS A SPECIALTY.

Orders Executed on the New York and London Stock Exchanges.
CORRESPONDENCE INVITED.

PENNSYLVANIA RAILROAD.

DIRECT THROUGH LINE

TO THE

West, South, Southwest, and Northwest.

THROUGH PULLMAN VESTIBULE SLEEPING CARS

FROM THE CITIES OF THE EAST TO

ST LOUIS, CHICAGO, CLEVELAND, CINCINNATI, MEMPHIS,

NEW ORLEANS.

A Magnificent Double-Tracked Railway,

laid in Steel Rails and Stone Ballasted, and protected from accident by the most approved
appliances of modern times, over which runs daily between New York and Chicago

THE CELEBRATED PENNSYLVANIA LIMITED,

Of Pullman Vestibule Drawing-room, Sleeping, Dining, Smoking, and Library

Cars, heated by Steam and lighted by Stationary and

Movable Electric Lights.

CHAS. E. PUGH,Gen. Man. J. R. WOOD, G. P. A.

THE PENNSYLVANIA LINES

WEST OF PITTSBURGH

OPERATE DIRECT ROUTES FROM

St. Louis, Indianapolis, Cincinnati, and Chicago,

VIA PITTSBURGH

AND THE PENNSYLVANIA RAILROAD

TO

Baltimore, Washington, Philadelphia and New York,

Over which FAST EXPRESS TRAINS run daily with

PIJLLMAN VESTIBlJLE SLEEPING AND DINING CARS.

THE RENNSVI-^HNIH LINES

ARE ALSO DIRECT BETWEEN

INDIANAPOLIS,

CHICAGO

Between these Cities their trains carry Pullman Sleeping and Buffet Parlor Cars.

JOSEPH WOOD, E. A. FORD,

General Manager. General Passenger Agent.

PITTSBURGH, PA.

POOR'S MANUAL — CHICAGO, MILWAUKEE AND ST. PAUL RY. CO.

145

2. Statement of traffic operations for ten years :

Miles

TRAIN MILEAGE.

Total

PASSENGER TRAFFIC.

FREIGHT TRAFFIC.

YEARS.

Kailroad
Operated.

Passenger

Freight.

Engine

Mileage.

Pass'g'rs. Movement.

Rate.

Tons.

Movement.

Kates

Jflto.

Miles.

Cts.

tfo.

Miles.

1SS2. .

4.29H

4.495,232

18,305,321 3.956,814 200,790,926

2 58

5,127.767

.'.-0,159

.48

1883

4,541

5,360,173

20.449.931 4.591,232 235,579,660

2.52

5,661,667

1.17tU;05,032

.39

1884

4.780

5,887*235

13.303,275

20,378,991 4.9r4.i;;s 895,861,448

2.55

6,023.016

1.247.737,233

.29

1885

6,106,158

13,687,054

20.603,377 4.819,187 214,550.187

2.56

360 1.337.721.453

.28

1886

6.500,218

14,190,797

21,876,442 5.4M.400 234.444.740

2.42

7,085,

1,486.509.713

.17

;>,3.v>

6,690.804

15.129, 72t;

•J3.2-2n.S6i) 6,144,068 2:30.444.573

2.54

7,573.795 1.62.

.09

1888

5,665

7.058.417

11,741,612

25,32S,451 7.55l>,SSii 234.6'K777

2.37

7,776,881

1,690228,661

1.01

1889...

5,674

7,158,101

10,780,603

•23.714,453 7.S8S.332 25S.OtJ7.706 2.42

7,769,875I1,620,923,961

1.06

1890 ... .

5,657

7,131,071

11,655,518

24.974.632 7.505,946 266,389,346

2.33

9.292,992 1,842,789.845

0.99

1891

5,710

7,300,932

11,866,637

25.797.S6-2

7,919 229 262,551,100

2.39

10,397.0:35

1,895,635,111

1.00

3. Statement showing earnings, expenses, and net earnings for ten years :

YEARS

GROSS TRAFFIC EARNINGS.

Operating
Expenses
and
Taxes.

Net
Traffic
Earnings.

AVERAGE PER MILE or RR.

Pas-
senger.

Freight.

Other.

Total.

Gross
Earnings.

V

Expenses
and

Taxes.

to
Net Earnings.
Earnings .

1882 ..
1883 ..
1884 ..
1886..
1886 ..
1887 ..
1888..
1889 ..

t
5.179.078
5.927.668
5.766.843
5.499.737
5,661.690
5,849,261
6,031,091
6.241,091

$

14,002,335
16.365.354
16.128,964
17.101.742
17.358.294
17,742,142
16,998,118
17.163.721

$
1.205,313
1.366,801
1.575.191
1.811,794
i;«98,419
1.774.721
1,838,521
2.017.747
2,067,059
2,214.291

$

20.386,726
23.659,823
23,470,998
24.413,273
24.718.403
25.366.124
24.867.730
25.422.559
26.405,708
27,504,224

12.186,073
13.778,0:38
13.859,628
14.512.471
14.560.264
15.326.694
17.377.333
16.348:385
17,173,097
18,366,500

8.200,653
9.881,785
9.611,370
9,990.802
10.158.139
10.039.430
7.490.377
8,874,174
9,962,611
9,137,724

4,745 51
5.201 10
4,910 25
5.021 24
4,966 53
4.736 90
4.389 71
4.480 54
4,66793
4.816 85

2,S36 61
3,02880
2,899 50
2,98488
2.925 51
2.8«213
3.067 49
2,91653
3.035 82
3,216 55

$ p. c.

1.90890 59.80
2,17230 58.20
2.01075 59.05
2.03636 59.45
2,041 02 ' 58.90
1,87477 60.42
1.32222 69. 8H
1.56401 65.09
1,632 11 65.04
1.60030 66.78

1890..
1891 ..

5.981,639 18.337,009'
6.277,774 19,012,159

4. Abstract of income account for ten vears :

1882
1883
1884
1885
1886
1887
1888
1889
1890
1891

RECEIPTS.

DISBURSEMENTS.

Balance,

+

2

Balance
from

last
Year.

Surplus
as per
General
Balance
Sheet.

Net
Traffic
Earnings.

Other T . ,
Receipts.

Interest
on Bonds,
etc.

££,. "to.

Total.

8,200,653
9.881,785
9.611,370
9.900,802
10,158,139
10.0:39,430
7,490,377

9. -2:32.611
9.137724

S $
623,814 8.824,467
164,707 10,046,492
82,306 9.693.676
105,938 10.006,740
144.654 10.302,793
272,824 10;312.251
218,174 7.708.551
225,778 9,099,952
220,025 9.452.635
41S.425 9.556.149

S

4,786,053
5,373,925
5.918.60S
6.096,574
6,241,092
6,456,637
7.048,976
7.054.471
7.214.155
7,287,968

2,461.042 ..
3,212,894
3 321 167

7,247.095
8,586.819
9.239.775
8.490,613
9,294,168
9,714,160
9.553,835
8,261,088
7.970,711
8,089,225

*1.577,372 5.593,010
1,459,672 3,619,408
453,901; 5,079.081
1.516.127; 5532,982
1,008.625! 7.049.109
t598,094i 8,057,734
- 1.845.284 4,074,998
-l- 838.864; 669,818
+ 1,481,924 (o) 937,590

+ 1,466,924 (*) 1,627,929

3,619,408
5,079,081
5.532,980
7,049,109
8.057,7:34
4.074.999
2,229.714
1.538,682
2,419.514
3,094,853

2.394,03y

3,053 076

3.257.523
2,270,733 234.126
972.491 234.126
750. .556
767,756 84,217

* Against which was charged payment for 7 1,01 9^- shares common stock taken at par by shareholder-
rata, in Oct., Nov. and Dec., 1882, $3,550,974, leaving a deficit of $1,973,602, which, taken from the surplus bal-
neral balance sheet, t Against which were charged the following:
old accounts charged off, §501.036.69 ; 15 per cent, on account
at par by shareholders of record, June 25, 1887. $866.415— total,
$4,o80,829, leaving a deficit of $3,982.735, which, taken from the surplus balance of 1886. gives surplus S4.o74.>-!.'!i
a«plr «eueral balance sheet, ur Surplus. July 1. 1889. $1,538.682 ; from which deduct— old accounts charged
off. $56,794 ; additional interest accrued prior to July 1. 1889, on funded debt. $4.025 : dividend, paid October -Jl.
889, from net earnings of fiscal year ending June 30, 1889. §540.273— total, $601.092 : leaving net surplus. $937.-
o90. (b) After deducting— old accounts charged off, $27.189 : dividend Noy. 41, $764,397 ; together. §791.586.

Land Department. — Number of acres owned in Wisconsin, Iowa, and Minnesota on
July 1, 1890, was 66,357.79 ; received during the year 6,032.28 acres— total. 73,290.07.
Sold during the year, 14,130.58— total, June 30, 1801, 59,159.49 acres. Estimated value of
unsold lands, $166,018.90 ; balance due on laud previously sold, $213,177.43— total, June 30,
1891, 1379,193.33.

10

146 POOR'S MANUAL — CHICAGO, MILWAUKEE AND ST.* PAUL RY. CO.

Statement showing amount of bonds of the several classes outstanding at the close
of each year for eight fiscal years, 1884 to 1891 inclusive .

RAILROADS.

1884

1885

1886

1887

1888

1889

1890

1891

1st Mtg. 7 p. c. (La C. Div.).
1st Mtg. Consol. 7 p. c
1st Mtg. 7 p. c. (I. & M. Div.j
1st M. 7 p. c. (Min. C. RR.) . .
1st M. 7 p. c. (I. & Dak. Dv.)

5,279,000
11,470,000
3,198,000
123,000
541,000

5,279,000
11,470,000
3,198,000
123,000
541,000

$
5,264,000
11,470,000
3,198,000
123,000
541,000

5,223,000
11,486,000
3,198,000
123,000
541,000

5,209,000
11,486,000
3,198,000
123,000
541,000

5,209,000
11,486,000
3,198,000
123,000
541,000

4,980,000
11,486,000
3,198,000
123,000
541 ,000

4,623,000
11,486,000
3,198,000
123,000
541,000

1st M. 7 p. c. (I. & Dak. Ex.)
1st M. 7 p.c. guar.(St. P.Dv.)
1st M. 8 p. c. (P. Du C. Dv.)
IstM. 7 p. c. (Has. & Dak.)

3,505,000
3,804,500
3,674,000
89,000

3,505,000
3,804,500
3,674,000
89,000

3,505,000
3,804,500
3,674,000
89,000

3,505,000
3,804,500
3,674,000
89,000

3,505,000
3,804,500
3,674,000
89,000

3,505,000
3,804,500
3,674,000
89,000

3,505,000
3,804,500
3,674,000
89,000

3,505,000
3,804,500
3,674,000
89 000

lstM.7 p.c..(Ch. &Mil.)..
1st M. 6 p. c. (So. Wn.Div.).
1st M. 5 p. c. (La C. & D. Dv.)
2d M. 7.3 p. c. (P. DuC. Dv.)
Mil. &West.RR. 7 p. c.Bds.
1st M. 7 p.c. (H.& D.Dv.Ex.)
1st M. 6 p. c. (Ch. & PC. Dv.)
IstM. 6 p.c. (S. Min. Div.).
1st M. 5 p. c. (Minr. Pt. Dv.)
1st M. 6 p. c. (Dubuq. Div.).
IstM. 6 p.c. (Wis. Vy. Dv.)
Land Grant In. 7 p. c. Bds.

2,393,000
4,000,000
2,500.000
1,241,000
215,000
5,680,000
3,000,000
7,432,000
2,840,000
6,710,000
1,700,000
1,838,000

2,393,000
4,000,000
2,500,000
1,241,000
215,000
5,680,000
3,000,000
7,432,000
2,840,000
6,643,000
1,683.000
1,638,000

2,393,000
4,000,000
2,500,000
1,241,000
215,000
5,680,000
3,000,000
7,432,000

2,393,000
4,000,000
2,500,000
1,241,000
215,000
5,680,000
3,000.000
7,432,000

2,393,000
4,000,000
2,500,000
1,241,000
215,000
5,680,000
3,000,000
7,432,000

2,393,000
4,000,000
2,500,000
1,241,000
215,000
5,680,000
3,000,000
7,432,000
2,840,000
6,565,000
2,441,000
840,000

2,393,000
4,000,000
2,500.000
1,241,000
215,000
5,680,000
3,000,000
7,432,000
2,840,000
6,565,000
2,416,000

2,393,000
4,000,000
2,500,000
1,239,000
215,000
5,680,000
3,000,000
7,432,000
2,840,000
6,565,000
2,391,000

2.840,000
6,576,000
1,669,000
1,437,000

2,840,000
6,565,000
2,466,000
1,236,000

2,840,000
6,565,000
2,466,000
1,034,000

IstM. 5 p.c.(Ch.&Pc.W.Dv.)
1st M. 5 p. c. (W. & Min. Dv.)
1st M. 5 p. c. (Ch.& L.S.Dv.)

18,540,000
4,755,000
1,360,000

18,540,000
4,755,000
1,360,000

22,100,000
4,755,000
1.360.000

25,340,000
4,755,000
1,360,000

25,340,000
4,755,000
1,360,000

25,340.000
4,755,000
1,360,000

25,340,000
4,755,000
1,360,000

35,340,000
4,755,000
1,360,000

Wis. Yallev RR. 7. p.c. Bds.
Osh. & Mis. R.Ry.8 p.c.Bds.
Terminal 5 p. c. Bonds
R. Estate 5 p. c. M. Bonds .

1,106,500
35,000
3,000,000
225,000

1,106,500
35,000
3,000,000
225,000

1,106,500
35,000
4,303,000
225,000

1,106,500

1,106,500

1,106,500

1,106,500

1,106,500

4,809,000
225,000

4,773.000
225,000

4,773,000
225,000

4,773,000
225,000

4,773,000
225,000

R. Estate 5 p. c. M. Bonds .

50,000

50,000

50,000

50,000

50,000

50,000

1st M.6 p.c. Fargo &S.R. Bds

1,250,000

1,250,000

1,250,000

1,250,000

1,250,000

1,250,000

1,250,000

Inc. 6 p. c. Fargo &S.R.Bds

200,000

200,000

200,000

200,000

200,000

200.000

200,000

Inc. S. Fund 5 p. c. Con. Bds

2,000,000

2000000

2 000 000

2 000 000

1 920 000

1 840 000

1st M. 5 p. c. (H.&D.Dv.Ex.)

585 000

990 000

990 000

990 000

QQfl ftOfl

990 000

1st M. 5 p.c. (Ch.& M.R.Dv.)
Dak. & Gt. So. Ry.5 p.c. Bds

2,049,000
988 000

3,083,000
2 856 000

2,083,000
2 856 000

3,083,000
2 856 000

3,083,000
2 8*ifi Don

3,083,000
o §55 QQ0

General Mort. 4 p. c. Bonds

5,000,000

8,102,000

12,720,000

Total

100,254.000101,470,000

111.658,000

119,236,000

118.984000

123.765,000

126.693,000

129,797,000

Of the total amount of bonds outstanding at the close of 1891, as stated above, there
remain unsold in the treasury or due from trustee, $5,692,000.

Statement of funded debt of C., M. & St. P. Ry. Co., June 30, 1891 :

Description of Bonds.

Date of Bonds.

Property Mortgag
Road and Location.

Bd.

Interest.

Amount
Out-
standing.

Annual
Interest.

Issued.

Payable.

L'g'h.

Rate. Payable.

Consolidated Mortgage Bonds
Terminal Bonds
Income Sinking Fund Convertible.. .
1st Mtge. La Crosse Div. Bonds
1st Mtge. Iowa & Minn. Div. Bonds.
1st Mtge. Prairie du Chien Div. B'ds.
2d Mtge. Prairie du Chien Div. B'ds.
1st Mtge. Chicago & Mil. Div. Bonds
1st Mtge. S t . Paul or River Div.B'ds
lstMtge.St.P. orRiv.Div. Sterl. B'ds.
1st Mtge. Iowa & Dakota Div. Bonds.
1st Mtge. la & Dak. Div. Ext. B'ds.
1st Mtge. Hastings & Dak. Div. B'ds.
1st Mtge. Hast.A Dak. Div.Ext. B'ds.
Hast. & Dak. Div Ext. Bonds
1st Mtge. South western Div. Bonds.
1st Mtge. LaCrosse & Dav Div. B'ds.
1st Mtge. Chic & Pacific Div. Bonds.
1st Mtge. Chic & Pa West'n Div.B'ds
1st Mtge. Southern Minn. Div. B'ds.
1st Mtge. Mineral Point Div. Bonds. .
1st Mtge. Dubuque Div. Bonds
1st Mtge. Wis. Valley Div. Bonds
1st Mtge. Wis. & Minn. Div. Bonds. .
1st Mtge. Chic. & Lake Sup. Div. B'ds
1st Mtge. Chic. & Mo. Riv. Div. B'ds.
Real Estate Mortgage Bonds
Minnesota Central RR. Bonds
Milwaukee & Western RR. Bonds. . .
Wisconsin Valley RR. Bonds
1st Mtge. Fargo & Southern Ry. B'ds
Income B'ds Fargo & Southern Ry. .
1st Mtce. Dak. & Gt. Southern Ry. . .
General Mortgage Bonds

July 1, 1875
July 1, 1884
July l, 1886
1863
1867
1868
1868
1873
1872
1872
1869
July 1, 1878
1872
Jan. , 1880
Jan. , 1880
July , 1879
July , 1879
Apr. , 1880
Jan. , 1881
Jan. , 1880
July , 1880
July , 1880
July , 1880
Julv , 1881
July , 1881
July , 1886
1884
1 64
1861

Jan. , 187»
1 83
1885
Jan. , 1886
May , 1889

July 1, 1905
July 1, 1914
July 1, 1916

1893
1897
1898
1898
1903
1902
1902
1899
July 1, 1908
1902
Jan. 1910
Jan. 1910
July 1 909
July 1919
Jan. 1910
Jan. 1921
Jan. 1910
July 1910
July 1920
July l 1920
July 1921
July 1921
July 1926
1894
1894
1891
Jan. 1909
Jan. 1924
April, 1895
Jan. 1, loic
May 1, 1989

Seebelow-A
See below — B

1,392.6

P. «•
'Jan. & July
IJan. & July
IJan. & July
JJan. & July
;Jan. & July
:Feb. & Aug.
7 -10 Feb. & Aug.
Jan. & July
( Jan. & July
1 Jan. & July
i Jan . & July
1 Jan. & July
Jan. & July
Jan. & July
Jan. & July
(Jan. & July
Jan. & July
Jan &July
Jan. & July
IJan. & July
Jan. & July
Jan. & July
Jan. & July
Jan. & July
1 Jan. & July
Jan. & July
Mar.&Sept.
Jan. & July!
Jan. & July
Jan. & July
Jan. & July
Apl. & Oct.
Jan. & July
Jan. & July

*

11.483,000
4,773,000
1,920,000
4,980,000
3,198,000
3,674,000
1,241,000
2,393,000
3,262,000
542,500
541,000
3,505,000
89,000
5,680,000
990,000
4,000,000
2.500,000
3,000,000
25,340,000
7,432,000
2,840,000
6,665,000
S,4lfi,000
4,755,000
1,360,000
3,083,000
226,000
123,000
215,000
1,106,500
1,250,000
200,000
2,856,000
8,102,000

*

804.020
238,650
96,000
348,600
223,860
293,920
90,593
167,510
228,840
37,975
37,870
245,350
6,230
397,600
49,500
240,000
125,000
180,000
1,267,000
445,920
142,000
893,900
144,960
237,750
68,000
154,150
11,250
8,610
15,060
77,468
76,000
12,000
142,800
324,089

See below — C
See below —D
See below— E
See below F

387.70
224.19
194.40
194.40
82.60
128.61
126 00
335.90
74.20
402.00
402.00
207.60
182.69
138.10
1,117.00
413.46
133.00
351.00
161.50
214.00
68.00
77.00

See below— G
f Bridge June, to St )
\ Paul. See below— H f
See below— I
See below- J
See below— K
See below— L

See below— M
See below-N
See below— O
See below— P
See below Q

Seebelow-R

See below T

See below U

See below— V
See below— W

See below X

See below— Y

See below— Z
See below— AA

See below AB

108.53
117.60

'i58'.70

See below— AC.

POOR'S MANUAL — CHICAGO, MILWAUKEE AND ST. PAUL RY. CO. 147

A —First mcir-a-e on ISO. 7 mile-, as follows : La Crosse Bridge and approaches, 1.70 miles ; the line from
Milton to Monroe 42 miies; Austin to Mason City, 40 ; Conover to Decorah, 10 ; and Sabula to Marion. 87. Also
second inort-'a^e on the following divisions, with a total mileage of 1.212.2 miles, : La < Tos>j- Division. 3S7.70 ; the
Iowa mid Minnesota DiviM.m. 22n ; the Prarie du Chien Division. l!U : the Chicago and Milwaukee Division, 82.20;
the St Paul M>I K:\ e- Division. 128.10 : the Iowa and Dakota Division, 126 ; and the Hastings and Dakota DM-
••ion 74 2i>. Total of all lines. i.:jy2.'.» miles. They are also secured on all property of the company, real and per-
sonal, and on the income of the road. Authorized amount, $35,000.000. of which the company reserves the right to
i WO. 000 as 6 per cent gold bonds. The bonds are $1,000 each, coupon, and are convertible into preferred
<ar ar any time within ten days after any dividend shall have been declared and become payable
preferred stock. Interest payable in United States currency, January and July, at the office or agency of the com-
panv in New York City. Principal is payable in lawful money of the U. S. or in gold or gold bonds, July 1, 1905,
!< unpany's office in New York Ciiy. They are provided with a sinking fund of 1 per cent, per annum. Of
the total authorizeii 839,000 was Bel aside to retire prior lieu issues on the several lines, aggregating

miles, as described above. Trustee, Farmers' Loan and Trust Co., New York. N. Y. Listed on the
New York Stock Exchange.

B.— The terminal bonds are secured on all real estate and improvements in the cities of Chicago and Mil-
waukee purchased since the date of the consolidated mortgage of 1875, and all real estate which may hereafter be
purchased, and all buildings and improvements that may be made. Authorized amount, $5.000.000. The bonds
00 each, coupon, but may be registered as to principal. Interest payable January and July, at the coin-
:nce. New York City. Principal due July 1, 1914, in gold, at the company's office, New York City. No
sinking fund. Trustee, Farmers' Loan and Trust Co., New York. N. Y.

C.— First mortgage on the lines from Milwaukee to La Crosse, 197.70; Watertown to Madison, 37 : Horicon
to Berlin and Winneconne, 58 : Milwaukee to Portage ria Horicon. 95— total, 387.70 miles. The bonds are $1,000
each, coupon ; interest payable January and July, at the company's office, New York City. They are convertible
into preferred stock at par, at any time within ten days after payment of preferred dividend. Listed on the New
York Stock Exchange.

D.— Secured on the road from McGregor, la., to Minneapolis. 215.42 miles, and Conover to Decorah, 8.77
miles— total, 224. 19 miles. The bonds are $1,000 each, coupon, and convertible into preferred stock. Interest
payable January and July, at the company's office in New York City. Listed on the New York Stock Exchange.

E. — The Prairie du Chien Division first mortgage bonds are secured on the line from Milwaukee to Prairie
du Chien, Wis., 194.4 miles They are $1,000, coupon, but principal may be registered ; due February 1, 1898, in-
terest payable February and August, at the company's office, New York City." Listed on the New York Stock
Exchange.

F.— The Prairie Du Chien Division second mortgage bonds are secured on the line from Milwaukee to Prairie
du Chien. Wis., 194.4 miles. They are §1.000 each, coupon, but principal may be registered. Bonds convertible
into preferred stock. Interest payable February and August; at the company's office, New York City. Listed
on the New York Stock Exchange.

G. — The Chicago and Milwaukee Division bonds are secured on the line from Chicago, 111., to Milwaukee,
.'.60 miles, including franchises, etc., and all lands acquired or to be acquired for depots, etc.. and all
buildings, fixtures, rolling stock and supplies, now or hereafter acquired therefor. Authorized issue, $2.500,000.
Bond* are $1,000 each, coupon, but principal may be registered ; not transferable unless the transfer is accom-
panied by a certificate for ten shares of scrip stock. Convertible into preferred stock, at any time within ten
days after any dividend shall have been declared and become payable on said stock. Interest, free of taxes, pay-
able January 1 and July 1, at the office or agency of the company in New York City. Trustees of bonds, Russell
Sage and N. A. Cowdrey. Listed on the New York Stock Exchange.

H.— The St. Paul (or Riven Division bonds are secured on the line from La Crescent (Bridge Junction) to
St. Paul, 128.51 miles, together with all franchises, etc., and all real and personal property that now or hereafter
may be acquired. Authorized issue. £800,000. Bonds are £100 each : but two £100 bonds may be exchanged for
one $1,000 bond payable in U. S. gold coin in New York City. Bonds are coupon, but principal may be regis-
tered. Interest payable January 1 and July 1, both at the office of Morton, Rose & Co.. London, Eng., and at the
company's office in New York City. They are convertible into preferred stock of the company, at par, at any
time within ten days after any dividend has become payable on said stock. Trustees, Russell Sage and Levi P".
Morton.

I. — The Iowa and Dakota Division bonds are secured on the line from Calmar to Algona, 126 miles. They
are $1,000 each, coupon, but principal may be registered, and are convertible into preferred stock of the company
within ten days from dividends become payable on said stock. Interest payable January and July at the com-
pany's office. New York City. Trustees, Russell Sage and N. A. Cowdrey. Listed on the New York Stock
Exchange.

J.— The Iowa and Dakota Division extension bonds are secured on the line from Algona to Chamberlain,
3.90 miles, and from Marion Junction to Running Water. 62 miles, with all franchises, lands, equipment, etc.
Authorized at the rafe of $15,000 per mile. Bonds are $1,000 each, coupon, but principal may be registered.
They are convertible into preferred stock of the company any time within ten days after dividends on same has
been paid. Interest and principal payable at the company's office, New York City. No sinking fund. Trustee
3f bonds. Farmers' Loan and Trust Co., New York, X. Y." Listed on the New York Stock Exchange.

• — The first mortgage Hastings and Dakota Division bonds are secured on the line from Hastings to Glen-
coe, 74.2 miles. They are $1,000 each, convertible into preferred stock of the company, at any time within ten
days after payment of dividend of same. Principal and interest payable at the company's office, New York
City. Trustees. Russell Sage and N. A. Cowdrey. Listed on the New York Stock Exchange.

L. — The Hastings and Dakota Division Extension bonds are secured on the line from Glencoe to Roscoe 278

es; Roscoe to Eureka. 26. sp ; Aberdeen to Edgerly, 64.15. and Milbank Junction to Sisseton. 33— total. 402

-'•ther with all franchises, real and personal propertv, lands, equipment, etc.. owned or hereafter to be

Pjred on said lines. Amount authorized, $2.560,000 for 128 miles from Glencoe to Bisr Stone Lake, Minn., and

00 per mile for extensions. Bonds are $1,000 each, coupon, but principal may be registered. The interest

i the 5,080 bonds of this issue was 7 per cent., but by the supplemental mortgage (May 1. lS86i, it was provided

:ne interest of subsequent issues should be 5 per cent. Interest, free of taxes, payable at the company's

tnce in New Y'ork City. No sinking fund. Trustee, Farmers' Loan and Trust Co.. New York. Listed onSthe

New York Stock Exchange.

-The Southwestern Division bonds are secured on the lines from Racine to Port Byron Junction, 190

.les,and from Eagle lo Elkhorn, 17.60 miles. They are $1,000 each, coupon, but principal may be registered.

est^payable January and July at the company's office in New York City. Listed on the New Y'ork Stock

-The first mortgaje La Crosse and Davenport Division bonds are secured on the line from Davenport to

?PEiA ™tlon- 150'5 miles- and from Eldridge Junction to Maquoketa, 32.19 miles. Authorized amount.

They are $1.000 each, coupon, but principal may be registered. Interest payable at the office of the

148 POOR'S MANUAL — CHICAGO, MILWAUKEE AND ST. PAUL RY. CO.

company in. New York City. Trustee, Farmers' Loan and Trust Co., New York, N. Y. Listed on the New York:
Stock Exchange.

O.— The first mortgage Chicago and Pacific Division bonds arc secured on the line from Chicago to Kit
tredge, 116. 60 miles, and from Kittredge to Savanna, 21.50 miles. They are $1,000 each, coupon, hut principal
may be registered. The authorized amount ($3,000,000) is outstanding. Interest, free of taxes, pavahle at the
office of the company in New York City. No sinking fund. Trustee, Farmers' Loan and TniM Co. New York
N. Y. Listed on the New York Stock Exchange.

P.— The first mortgage Chicago and Pacific Western Division bonds are secured on the following lines:
Cedar Rapids to Kansas City, ^itt.Nl miles ; Marion to Council Bluffs, 2(11.70 ; Sioux City to Manilla !to ID
to Woonsocket, 83.70 : Sioux City to Aberdeen, 262.00 ; Elk Point to Sioux Falls, 70 ; Eden to Rock Vail
and Farley to Cedar Rapids, 47 miles ; a total of 1.117 miles, being at the rate of $20,000 per mile. Tii*
$1,000 each, coupon, but may be registered as to principal. Interest payable in gold at the office of the company
in New York City. Trustee, Farmers' Loan and Trust Co., New York, N. Y. Listed on the New York Stock
Exchange.

(X— The first, mortgage Southern Minnesota Division bonds are secured on the line from La Crescent to
Sioux Falls, 340.50 ; Wells to Mankato, 38.10 ; and from Minneapolis to Benton .Junction, 28. 86 miles— total, 413.-
40 miles. Authorized amount, §9,000,000, of which $0, 124,000 were set aside to retire bonds, aggregating $5,423,000.
..issued by Southern Minnesota RR., the Southern Minnesota Extension Ry. Cos., and the Central RR. Co. of
Minnesota ; $462,000 to be used for the completion of the road from Flandreau to Sioux Falls, and $414,000 for the
purchase of equipment for lines covered by this mortgage ; $2,000,000 to be applied to the construction and
equipment of an extension from Mankato to Minneapolis, the bonds to be issued at the rate of$15,000 per mile,
for sections of not less than ten miles. Bonds are $1 ,000 each, coupon, but principal may be registered. Interest
payable at the office of the company in New York City. No sinking fund. Trustee of bonds, Farmers' Loan
and Trust Co., New Y^ork, N. Y. Listed on the New York Stock Exchange.

R.— The first mortgage Mineral Point Division bonds are secured on the lines from Warren to Mineral Point,
33 ; Calamine to Plattville, 18 ; Monroe to Shullsburg, 34 ; Lone Rock to Richland Centre, 16 ; and from Viroqua
to Sparta, 32 miles— total, 133 miles. Authorized at the rate of $20,000 per mile of road constructed or pur-
chased free from incumbrances, but no bonds shall be issued on the extension from Mineral Point toDodgeville.
They are $1,000 each, coupon, but principal may be registered. Interest payable at the office of the company in
New York City. No sinking fund. Trustee, Farmers' Loan and Trust Co., New York, N. Y. Listed on the
New York Stock Exchange.

11

personal, appertaining to the Dubuque Division now owned or hereafter to be acquired/ Authorized amount,
$6,500,000, which may be increased at the rate of $15,000 per mile for sections of ten miles each of railway here-
after constructed or purchased free from incumbrances, in extension of the Volga or Turkey River branclx. so
as to make a continuous line from Wadena. Bonds to the amount of $1,100,000 were deposited with the trustee
to be exchanged for prior lien bonds amounting to $1,055,000 issued by the Chicago, Clinton, Dubnque and Minne-
sota RR. Bonds are $1,000 each, coupon, but principal may be registered. Interest payable at the office of the
company in New York City. A sinking fund of 1 per cent, of the whole amount issued is annually provided for
the purchase of these bonds at not over 103 ; or if they cannot be had at that price the fund may at option be
applied to the purchase of other 6 per cent, first mortgage bonds of the company, not under par. Trustee, New-
England Trust Co., Boston, Mass.

T. — The first mortgage Wisconsin Valley Division bonds are first mortgage on the line from Merrill to Min-
ocqua, 54.50 miles, and second on the road from Toman to Merrill, 107 miles. Authorized amount, $1,700,000,
which may be increased at the rate of $15,000 per mile of railway constructed or purchased free from incum-
brances, a suffieent amount being reserved to retire the prior lien of the Wisconsin Valley Co. Bonds are $1,00<J
each, coupon, but principal may be registered. Interest payable at the company's office. New Y'ork City. Pro-
vision of sinking fund same as those for the Dubuque Division bonds, which see. Trustee, New England Trust
Co., Boston, Mass

U. — The first mortgage Wisconsin and Minnesota Division bonds are secured on the following lines :
Wabasha to Zumbrota. 60 miles ; Hastings to Stillwater. 25.50 miles; Northfield to Red Wing, 32.50 miles ;
Wabash to Chippewa Falls, 65 miles ; Red Cedar Junction to Cedar Falls, 21 miles ; Minn, to St. Paul and Short
Line bridge, 10 miles — total, 214 miles ; and Read's Landing bridge, and all property, both real and personal,
now owned or hereafter to be acquired on these lines. They are $1,000 each, coupon, but principal may be regis-
tered. Authorized at rate of $20,000 per mile of road constructed or purchased. Interest payable at the com-
pany's office in New Yrork City. Trustee, New England Trust Co., Boston, Mass

V.— The first mortgage Chicago and Lake Superior Division bonds are secured on the lines from Janesville
to Beloit, 14 ; Rockton to Rockford, 15 ; and from Madison to Portage, 39 miles, and npon all property, real and
personal, owned or hereafter acquired by these lines. Amount authorized, $1,360,000 on the 68 miles as above,
and $20,000 per mile of road to be constructed, leased or purchased, free from mortgages. ' They are $1,000 each,
coupon, but principal may be registered. Interest payable in gold at the company's office in New Y'ork city.
No sinking fund. Trustee, Farmers' Loan and Trust 'Co., New York, N. Y. Listed on the New York Stock
Exchange.

\\r. The first mortgage Chicago and Missouri River Division bonds are secured on the line from Tripp to

Armour, 20.40; Roscoe to Bowdle, lfi.5 ; and Roscoe to Orient, 41.10 miles-total 77 miles : as also upon all
property, both real and personal, now owned or hereafter to be acquired by these lines. Authorized at tip
of $20,000 per mile of road completed and equipped. Bonds are $1,000 each, coupon, but principal may be regis-
tered. Interest payable at the company's office in New York City. No sinking fund. Trustee, Farmers' Loan
and Trust Co., New York, N. Y. Listed on the New York Stock Exchange.

X.— The Minnesota Central bonds are secured on the line from McGregor to St. Paul and Minneapolis. Issue,
$2,000,000, of which $1,877.000 have been retired by exchange for C. M. & St. P. Ry. consolidated 7s. They
are $1,000 each, coupon, but principal may be registered. Interest payable at the company's office. New York

City

Y.— The Milwaukee and Western RR. bonds are secured by first mortage on the line from Milwaukee to
Watertowri. Matured in 1891.

Z.— The Wisconsin Valley RR. bonds are secured by first mortgage on the line from Tomah to Merrill.
miles. They are $500 each, coupon, but principal may be registered. Interest payable in Boston, Mass. Trustee,
New England Trust Co., Boston, Mass.

A.A. The first mortgage Fargo and Southern Ry. bonds are secured on the line from Ortonville to Fargo,

117.60 miles, as also upon all property, real and personal, now owned or hereafter acquired for this line. Amount
authorized, $1,250.000 on road as above, and $20.000 per mile of railway hereafter constructed and equipped.
They are $1,000 each, coupon. Interest, payaUe at the company's office in New Y'ork City. Trustee, Farmers'
Loan and Trust Co., New York, N. Y. Listed on the New York Stock Exchange.

TOOK S MANUAL OF RAILROADS. 149

AB.— The first mortgage Dakota and Great Southern Ry. bonds are secured by first mortgage on the line from
Madison to Bristol, 108.70 mile-, and from Andover to Harlem. .">(! miles, a.s also on all property, both real and
personal, mw owned or hereafter H> be acquited for these lines. They are anthorixed at the rate of J IS, 000 per
milr of railwav constructed and equipped. Bonds $1.000 each, coupon. No sinkinir fund. Interest payable ut
ihe company's offlce in New York City. Trustee. Farmers' Loan and Trust Co., New York. N. Y. Listed on

> York Stock Exchange.

AC. -The general mortgage bonds are secured on the entire property of the company, subject to prior issues.
The authorized amount is $150,000,000, of which sl-J!.si9,000 will be used only to retire or refund a corresponding
amount of prior liens, dollar for dollar, and $281,181,000 in providing for extensions and branches, paying any pre-
miums on bonds retired or refunded, double-tracking the road and providing for real estate, etc. The bonds are
for£UX*> each, bear not exceeding ' f> per cent, interest, and are coupon with privilege of registration, interest
payable in New York. Trustee. United States Trust Company. New York, N. Y. During the past fiscal year

00 of these bonds were issued— $755,000 for bonds cancelled, 31,174,000 for additional equipment, $1,409,-
000 for additional property and improvements, $390,000 for second track, and $1,4(.X),000 for purchase of the Wis-
consin. Pittsville and Superior, the Milwaukee, Dexterville and Northern, and the Lisbon, Necedah and Lake
Super or Kys., and for additional equipment, real estate, and improvements. Listed on the New York Stock
Exchange.

For statement of dividends paid since the organization of the company and for memor-
andum of stock increases, see MANUAL for 1888.

Board of Directors, elected September 16, 1891.

Roswell Miller Chicago. 111. I Peter Gcddes New York, N.Y.

Frank S. Bond New York, N.Y. Frederick Layton. Milwaukee, Wis.

August Belmont. . . " I George C. Magoun.New York, N.Y.

Wm. Rockefeller. .New York. N.Y.
Samuel Spencer. .
A. Van Santvoord.
J. Hood Wright...

Hugh T. Dickey. . . " Joseph Milbank . . .

Philip D. Armour Chicago. 111.

ROSWELL MILLER, President Chicago, 111.

Frank S. Bond, Vice-President New York, N. Y.

E. P. Ripley, 3d Vice- President Chicago, 111.

A. J. Earling, General Manager Chicago, 111.

-/•— F. G. Ranney..... Chicago, 111. I Asst. Sec.d-Tranx. Agt.— J.M.McKinlay.New Y'k.N.Y.

^Secretary—?. M. Myers Milwaukee, Wis . | General Auditor— W. N. D. Winne Chicago, III .

PRINCIPAL OFFICE AND ADDRESS Milwaukee, Wis.

General Office. Chicago, 111.

Financial and Transfer Office No. 42 Wall Street, New York, N. Y.

CHICAGO, PEORIA AND ST. LOUIS RAILWAY COMPANY.

(Operated under the title of "Jacksonville- Southeastern Line.")

Main Line of Road.— Pekin, 111., to Jacksonville, 111 72.90

Springfield Branch : Havana to Springfield, 111 45.20

St. Louis Extension : Litchfield to East St. Louis, 111 49.40—167.50 miles.

Leased : North and South RR. of 111. : Springfield to Mt. Olive, 111 50.46 miles.

Controlled : Jacksonville, Louisville, and St. Louis Ry 112.30 miles.

Onprnfprl • f Lit ch field t Carrollton, and Western RR 51 .65

• 1 Louisville and St. Louis RR 16 .40— 68.05 miles.

f Louisville and Nashville RR. : Drivers to Mt. Vernon, 111. 5.00

, I Ohio and Mississippi Ry. : Through Springfield, 111 1.50

ge ' ] Merchants' Bridge : East St. Louis, 111., to St. Louis, Mo. . 2.25

[Peoria & Pekin Union Ry. : Pekin to Peoria. Ill 10.00— 18.75 miles.

Total length of lines owned, leased, and operated 417.06 miles.

Sidings, etc., 43.75 miles. Gauge, 4 ft. 8| in. Rail (steel), 56 to 60 Ibs.

History. — Organized in February, 1887, and purchased the Peoria, Pekin, and Jackson-
ville and the Springfield and North western RRs., formerly portions of the Wabash, St. Louis,
and Pacific Ry. In August, 1890, the company completed the extension to East St. Louis, and
in September, 1890, leased the North and South RR. of Illinois. The Jacksonville, Louis-
ville and St. Louis Ry. Co. is controlled through ownership of two-thirds of its capital stock.
The system is operated under the title of the Jacksonville Southeastern Line.

Rolling Stock, December 31, 1891.— Locomotive engines, 50. Cars— passenger, 33 ; bag-
gage, etc., 10; freight (box, 686 ; coal, 565; platform, 5 : caboose, 14), 1.270 ; other, 70—
total, 1,383.

Operations (all lines) for year endiug June 30, 1891. — Train mileage and traffic operations
not reported. Gross earnings, $905,330.84. Operating expenses and taxes, $625,144.84. Net

150 POOR'S MANUAL — CHICAGO, PEOKIA AND ST. LOUIS SYSTEM.

earnings, $280,186. Paid interest on bonds (C., P. & St. L. Ists, $118,900 ; J., L. & St. L,
bonds, $82,175), $201,075. Surplus, $79,111. For the 5 months ending November 30, 1891,
gross earnings were $529,102.83 ; net earnings, $169,862.97 ; interest charges, $89,791.67 ;
leaving surplus. $80,071.30.

General Balance Sheet, June 30, 1891.

Cost of Road $5,028.314 11 Capital Stock $3,500,000 00

Cost of Rolling Stock 349,370 93

Stocks Owned . . 250,000 00

Funded Debt 2,541,000 00

Car Trust Notes 88,606 30

Materials and Supplies 5,462 69 Notes Payable 32,500 00

Agents and Companies 34,201 15 | Vouchers and Accounts 62,906 44

Cash on Hand 30,28010 Income Balance 72,61624

Total Assets $6,297,628981 Total Liabilities $6,297,62898

Funded debt consisted June 30, 1891, of —

1st mortgage 5 per cent. 40-year $1,000 gold bonds, due March 1, 1928, interest March and September. . .$1,500,000
1st consol. mtge. 5 per cent. 50-year $1,000 gold bonds, due May 1, 1939, interest May and November. . . 1,041,000

The first mortgage bonds are secured on the main line and Springfield Branch, 118.10
miles. They are in coupon form, but the principal may be registered at the Central Trust
Co. of New York. Trustee: Mercantile Trust Co., New York. Listed on the New York
Stock Exchange.

The first consolidated mortgage bonds are secured by first mortgage on the extension from
Litchfield to East St. Louis, and are second to the first mortgage bonds of 1928 on the main
line and Springfield Branch. Bonds numbered 1 to 1,500 are reserved for retirement of the
first mortgage bonds. The bonds are in coupon form, but may be registered with the trustee.
The bonds outstanding are numbered 1,501 to 2,541 inclusive. Trustee, Central Trust Co.
of New York. Listed on the New York Stock Exchange.

In June, 1891, the company executed a new consolidated mortgage, Metropolitan Trust
Co. of New York, trustee, to secure a contemplated issue of bonds at the rate of $20,000 per
mile upon the present mileage (of which a sufficient amount shall be reserved to retire prior
liens when due) and upon the line which the company proposes to build from Rock Island to
a point on the Illinois River opposite Havana; also on a line, if built, from Litchfield to
Springfield.

Interest on existing bonds is payable at the American Exchange National Bank, New York.

RAILROADS LEASED BY on OPERATED IN CONNECTION WITH THE C., P. & ST. L. RY. Co.

JACKSONVILLE, LOUISVILLE AND ST. LOUIS BAILWAY.-Jacksonville to Centralia.
111., 112.3 miles. Sidings, 6.30 miles. Reorganization of the Jacksonville Southeastern Ry. Co., whose property
was sold under foreclosure May 11, 1890. (See MANUAL for 1890, pages 783 and 1100.) Capital stock ($100 shares),
$1,500,000 ; funded debt, 1st mortgage (J. & S. E.) 6 per cent. 30-year $1.000 coupon bonds, due January 1, 1910,
interest. January and July, $300.000 ; 1st consolidated mortgage 5 per cent. 50-year $1.000 gold coupon or regis-
tered bonds, due January 1, 1940, interest January and July, $1,380,000— total stock and bonds, $3,180,000. The
first mortgage bonds are secured on 54 miles of the line, from Jacksonville to Litchfield. The consols are guar-
anteed principal and interest by the Chicago, Peoria and St. Louis Ry. Co. They are secured on the whole line,
but are subject to the lien of the firsts on the line from Jacksonville to Litchfield. Interest is payable at the
American Exchange National Bank, New York, or at Philadelphia. The C., P. & St. L. Ry. Co. owns two-thirds
of the capital stock. W. S. HOOK, President; Marcus Hook, Secretary and Treasurer, Jacksonville, 111.

LITCHFIELD, CABBOLLTON AND WESTEBN BAILBOAD.-Columbiana to Barnett,
111., 51.65 miles. Gauge, 4 ft. 8.} in. Rail (steel), 56 Ibs. Road opened from Columbiana to Greenfield in 1883, and
extended to Barnett, December 21, 1886. Opened through, January 1, 1887. Operated in connection with the Jack-
sonville Southeastern Ry., arid will probably be consolidated with it in time. Soiling Stock.— Locomotive engines,
3. Cars— passenger, 2 ; combination, 1 ; mail and express, 1 ; freight (box, 10 ; coal, 20 ; flat, 2). 32— total c-ars,
36. Capital stock, $600,000 ; funded debt, 1st mortgage 6 per cent. 30-year bonds, due January 1, 1916, interest
payable January and Jnly, at the American Exchange National Bank, New York City, $516,000— total stock and
bonds, $1,116,000. HENRY S. CARROLL, Presidfiif, Clarksville, Mo. ; H. H. Montgomery, Secretary ; Oman
Pierson, Treasurer, Carrollton, 111. CORPORATE OFFICE, Carrollton, Jll.

LOUISVILLE AND ST. LOUIS BAILBOAD.— Centralia to Drivers, 111., 16.40 miles. Sidings,
0.76 mile. Built by the Jacksonville Southeastern Ry. Co. Leased to the Jacksonville, Louisville and St. Louis
Ry. Co. Trains run over the Louisville and Nashville RR., from Drivers to Mt. Vernon, 5 miles. Capital stock,
$1,000,000 ; funded debt, 1st mortgage 5 per cent. 40-year $1,000 coupon or registered bonds, due October 1, 1927,
interest April and October, $247,000— total stock and bonds, $1,247,000. Interest payable at the American Ex-
change National Bank, New York, or at Philadelphia.

NOBTH AND SOUTH BAILBOAD OF ILLINOIS.-Springfield to Mount Olive, 111., 50.46
miles. Sidings, etc., 3.57 miles. Rail (steel), 60 Ibs. Organized in January, 1890, as successor to the St. Louis
and Chicago Ry. Co., whose property was sold under foreclosure in October, 1889. Litigation is pending, and the
receiver has not yet been discharged. Leased September 18, 1890, to the Chicago, Peoria and St. Louis Ry. Co.,
at a rental of $40,000 per annum, the lease to terminate with the receivership. Rolling Stock, June 30, 1890.—
Locomotive engines, 7. Cars— passenger, 4 : baggage, etc., 2 ; freight (box, 20 ; flat, 2 ; coal, 18 ; caboose, 1), 41—
total, 47. Operations from July 1 to September 18, 1890.— Train mileage— passenger, 12,960; freight, 6,480— total,

POOR'S MANUAL OF RAILROADS.

151

19 440 miles. Pa^-rn^i > earned. l».<i:^ : carried one mile, 226,376. Tons freight moved, 17,588 ; moved one mile,
583.W1. KarniiiL'- passi-n-.-r. s.Vtt-S.ls : frvi-ht. $9,095.96: mail and express, $761.06: other, $550.88— total,
«i:> Ml. !K Operating cxp 51.48. NH earninirs. $1.1S9.W> : add lease rental to June 30. 1891, $34.696.62

—total, $35,88»i.2-2. Paid interest on bonds. $30.000 ; taxes. $4,183.15— total, $34.183.15. Surplus, $1,703.07. F'ui'ti,-
Jnne 30. 1891.— Capital <tock -common, $1,500.000 ; preferred. $1,300.000 ; funded debt, Istmort-
<-r cent. $1.0(10 coupon bonds, dated July 1, 1890, due January 1, 1940, interest payable January and July,
profit and loss. $6.9(.»3.92 - total. $3.406.993.92. Cost of road, etc., $3.400,000 ; other property and assets,
J total. $3.40»i.;i93.!«. GERALD L. HOYT, Prftidoit j William Wagner, . New York, N. Y. ;

, Spnngfield, 111. GENERAL OFFICE. Springfield, 111.

C. II. Hosworih. Jit,-, ;•••/•. Vice-Pretid< /-,'.

Board of Directors, Chicago, Peoria and St. Louis Ry. Co.
Marcus Hook . . ......... Jacksonville, 111. I I. L. Morrison ........................ Jacksonville, 111.

W S. Hook ........................... " | Francis Hook ......................... ."

William T. Barbee ...................... La Fayette, Ind.

W. S. HOOK, President .............................. Jacksonville, 111.

Sfc.. Trtas. d- A>uHtor—M&TCus Hook. Jacksonville, 111. | General Supt.—D. W. Rider .......... Jacksonville. 111.

PRINCIPAL OFFICE AND ADDRESS ............................... Jacksonville, 111.

CHICAGO, ROCK ISLAND AND PACIFIC RAILWAY COMPANY.

(For map of this system see, page 153.)

Main Line of Road.— Chicago, 111., to Council Bluffs, la .................. 498.92 miles.

Kansas Branch : Davenport, la., to Atchison, Kan .................. 341.84

Lciii-fiticorth Branch : Atchison Junction to Leavenworth, Kan ...... 20.26

Oskaloosa Branch : Washington, la., to Knoxville ................ 79.00— 441.10 miles.

Other Branches :

South Englewood to So. Chicago, 111. 7.50 Mt. Zion to Keosau-
wilton to Muscatine, la ............. 11.98 qua, la .......... 4.50

Wilton lo Lime Kiln, la ............ 6.08 Altamont to St. Jo-

Newton to Monroe, la ............. .. 17.00 seph, Mo ......... 49.66

Des Moines to Indianola and Winter- South St. Joseph to

set. la ........................... 46.95 Rushville, Mo. . . . 14.70

Menlo to Guthrie Centre, la ......... 14.58 Kansas City to Ar-

Atlantic to Audubon, la ............ 24.54 mourdale* Kan . . . 2.40

Atlantic to Griswold, la ............ 14.71 South Omaha to Lin-

Avoca to Harlan, la ................. 11.84 coin, Neb ....... 54.77— 298.82 miles.

Avoca to Carson, la ................. 17.61

f*<7., K.&N. ,ff#.(Mileageasperstatementonp. 155). 1,486.61

, T . ! Peo. & B-ur.Vy. MR. : Bureau June, to Peoria, 111. 46.70

1 Keo. & D. Main. RR. : Keokuk to Des Moines, la. 162 20

IDesMoin. &Ft. Dodge RR. (Details, see page 155). 143.76—1,839.27 miles.

t Han n ibal d- St. Joseph RR. : Cameron to Kan . City, Mo . 54. 30

rr.0 i \ TT • T> ^ Kan. City, Mo. , to North Topeka. Kan .. 67.35

Trackage : I nwn Pac. : - Ljmon Ool ^ ^ Denver ^ ' ...... ^.W

^Denver arid Rio Grande : Denver, Col., to Pueblo, Col. 119.60— 330.45 miles.

Total length of all lines owned, leased, and operated, March 31, 1891 ..... 3,408.56 miles.

Trackage added since close of fiscal year :

P^V?,, »„ t Council Bluffs, la .to South Omaha .......... ' 7.15

lc ^' : \ Lincoln, Neb., to Beatrice ................... 40.21- 47.36 miles.

Total length of all lines operated, January 1, 1892 ...................... 3,455.92 miles.

2d track, 195.70 ; 3d track, 9.05 ; sidings, 583.51 m. Gauge, 4 ft. 8^ in. Steel rails, 2,846.35m.

History. — For early history, see MANUAL for 1888, p. 397. The St. Joseph and Iowa
RR., from Altamont to St. Joseph, and from South St. Joseph to Rushville, Mo., together 64.-
40 miles, and the property of the Kansas City and Topeka Ry. Co., consisting of 2.4 miles of
double track road from Kansas City, Mo., to Armourdale, Kan., including a bridge over the
Kansas River, together with terminal facilities at Kansas City, Mo., Kansas City, Kan., and
Armourdale, Kan., were purchased and consolidated on January 1, 1889. The company uses
the Union Passenger Depot in Kansas City equally with other lines.

The Chicago, Kansas and Nebraska Ry. was sold under foreclosure in April, 1891, and
purchased by this company.

* Purchased since the Close of the fiscal year by the Chicago, Rock Island and Pacific Ry. Co.

152

POOR'S MANUAL — CHICAGO, ROCK ISLAND AND PACIFIC RY. CO.

The line from South Omaha to Lincoln, Neb., 54.77 miles, was completed in 1891,
Under contracts entered into on May 1, 1890, with the Union Pacific, Salina and Southwestern
and Omaha and Republican Valley Ry. Cos. this company has trackage rights from Council
Bluffs to a connection with the new line at South Omaha, 7.15 miles, and from Lincoln to
Beatrice, Neb., 40.21 miles. The new line was put in operation on August 1,1891.

In January, 1892, the directors authorized an extension of the road south from Minco,
Ind. Ter., 140 miles in the direction of Fort Worth, Tex.

Rolling Stock, January 1, 1892. — Locomotive engines, 553. Cars — passenger (coaches,
246; sleeping, 41; dining, 11; officers', 5), 303; baggage, etc. (including 9 postal), 87;
freight (box, 10,561 ; stock, 2,052 ; flat and coal, 2,388 ; caboose, 290), 15,291 ; service, 174—
total earn, 15,855.

Operations for year ending March 31, 1891. — See tabulated statement following.

Earnings.— Passenger $4,762,894 36

Freight 11,513,84538

Mail and Express 719,795 91

Miscellaneous 477,098 21

Expenses. — Maintenance of Way $2.344,805 99

Repairs Rolling Stock 1,706,920 22

Transportation 6.396,792 99

General and Taxes 1,965,275 36

Total ($5,232.35 per mile) $17,473,633 86 Total ($3,717.22 per mile) $12,413,794 56

Net earnings (28.96 per cent.), $5,059,839.30. Add net cash receipts of land sold, $98,-
650 ; interest received from C., K. & N. Ry. Co., $1,216,662.41— total, $6,375,151.71. Pay-
ments : Interest on bonds, $2,714,950 ; rentals leased lines (Keokuk and Des Moines RR.),
$137,500 ; Hannibal and St. Joseph RR., $43,286.28 ; Peoria and Bureau Valley RR., $125,-
000; Des Moines and Fort Dodge RR., $144,094.62), $449,880.90; rental, Chicago, Kansas
and Nebraska Ry., and for account of that company, $1,421,863.31 ; rentals and tolls, Mis-
souri River bridges, $188,537.71; dividends on stock (May, August, and November, 1890, and
February, 1891, 1 per cent, each), $1,846,232 ; premium on bonds purchased for sinking fund,
$369.30— total, $6,621,833.22. Deficit, $246,681.51 ; surplus June 3, 1890, $517,296.57— net
surplus, $270,615.06.

General Balance Sheet, April 1, 1891.

€ost of Road and Equipment

•Cost of Nebraska Extension

Cost of RR. Bridge at Rock Island

Stocks and Bonds of Connect. Roads. . . .

Advances to C. K. & N. Ry. Co

Loans and Other Investments

•C. , R.I. &P.Ry. Co., Capital Stock on Hand
rSixp. c. C., R. I. & P. Mtge. B'ds on Hand
S. F. Ex. & Col. 1st mtge. 5s Purchased.
.Stock of Materials, Fuel, etc., on Hand.

Due from P. O. Department

Accounts Receivable

Cash and Loans (payable on demand). ..

$66,281,614 28

1,410,836 44

758,526 10

8,756,102 85

28,352,067 73

591,480 46

12,100 00

400,000 00

133,000 00

933,374 14

30,458 01

613,691 52

187,031 81

Capital Stock Fixed $50,000,000

Amount Issued 46,155,800

Fractional Script Out-
standing, Convertible

into Stock 200— $46,156,000 00

Six Per Cent. Mtge. Coupon Bonds 4,815,000 00

Six Per Cent. Mtge. Regd. Bonds 7,685,000 00

Five Per Cent. Extension Coupon Bonds 29,697,000 00

Five Per Cent. Extension Regd. Bonds. . 3.955,000 00

Chicago & Southwest Ry. Bonds guar. . . 5,000,000 00

Addition and Improvement Account 8,213,000 00

Certificates of Indebtedness 1,050,000 00

Accounts Payable 1 ,018,668 28

Balance of Income Account 270,615 06

Total Assets $108,460,283 34 Total Liabilities $108,460,283 34

Cost of road and equipment includes all lines owned, excepting the Nebraska Extension.

The certificates of indebtedness were issued on account of $1,470,000 Chicago, Kansas
and Nebraska Ry. 6 per cent, bonds due this company for advances made to construct the
extension from Pond Creek to Minco, Ind. Ter., 98.20 miles.

Annual meeting, first Wednesday in June, at Chicago. Books close for annual meeting
and for dividend payments about thirty days before, and reopen immediately after either
event. Stock may be voted if held at the time of closing books. Interest payable at the
Corn Exchange Bank, 13 William Street, New York ; dividends at Chicago and at New 5fork.
Registrar of stock, Corn Exchange Bank, New York, N. Y. Stock and bonds (including th«>
$2,000,000 debentures of 1891-1921, but not including the $5,000,000 C. & S. W. Ists of 1899)
listed on the New York Stock Exchange.

LAND DEPARTMENT. — The company has received under the congressional grants 550,-
193.51 acres. Total sales to March 31. 1890, equalled 543,354.56 acres. The conveyances by
warranty of lands sold during the year ending March 31, 1891, amounted to 3, Oil. 81 acres for

uj co

153

154 POOR'S MANUAL — CHICAGO, ROCK ISLAND AND PACIFIC RY. CO.

$33,026.22, an average of $10.96 per acre, and by quit claim 184.92 acres for $55 ; total from
sales of land, $33,081.22. Lands unsold April 1, 1891, 3,642.22 acres. Interest and rental
received during the year amounted to $14,803.88. Bills receivable on hand, $175,395.28.
Taxes paid, $1,219.92, being the regular annual payment of taxes on lands and lots in the
town of Aubudon. Remitted to Chicago during the year for sales and collections, $98,650.

Statement of operations of the Chicago, Rock Island and Pacific RR. proper for five years
(1885-1889) and of the entire system for two years (1890-91) ; also capital account of the C.
R. & P. RR. Co. for seven years ending March 31 :

1885

1886

1887

1888

1889

1890

1891

3,353.79

534

302
88
14,209
5,902,242

12,450.ST>4
19,242,100

4,806,887
208,641,316
6,000,168
1,134.535,356

Aver. Miles Worked...

Locomotive Engines. ..
Passenger Cars
Daggage, Mail, etc
Freight, etc
Passenger Train Miles . .
Freight Train Miles
Total Engine Miles

Passengers Carried
Passenger Miles
Tons (Traffic)

1,383.4

320
170
53

7,851
2,479.343
7,406,267
10,514,216

2,848,900
122,618,235
3,980,502
780,944,251

3,023,884
8,144,142
1,038,885

1,383.4

331
173

53
7,865
2,485,655
7,158,707
10,352,307

3,121,607
129,208,404
3,873,605
719,972,565
$
3,127,258
7,713,659
1,163,431

1,384.2

336

185
56
7,870
2,712,961
7,677,913
11,066,852

3,517,624
133,091,642
4,180,109
793,824,454

$

3.097,916
8,037,452
1,183,680

1,527.9

351
194
60
8,149
3,236,657
9,035,365
13,029,142

3,720,334
142.578651
4,970,496
941,661,006

3,489,501
8,801,354
1,218,872

1,538.49

381
197
61
8,555
3,331,064
8,616,474
12,650,938

3,705,992
146,286,243
5,008.839
874,604,510

3,266.92

521

288
83
14,2.56
5.884,405
11,429,297
18,166,024

4,442,167
195,630,821
6,025,835
1,157,420,250

Ton Mile Traffic

Passenger Earnings
Freight Earnings
Mail, Express, etc.*

Gross Earnings * ......
Expenses and Taxes. . .

Net earnings.

3,367,001
8,440,420
1,038,609

$
4,613,822
11,828,794
1,196,445

$
4,762,894
11,513. S45
1,196,894

12,206,911
7,160,324

12,004,348
7,166,893

12,319,049

7,504,809

13.509,727

8,742,060

12,841,030
9,127,199

17,639,06:
12,475,()ti7

17,473, 633
12,413,794

5,046,587
125,000
372,465
744,750
350,000
(7) 2,937,186
8,823 85
5,175 89
3,647 96
58. 65 p. C.
2.47c.
1.40C.

(1,120.2m.)

41,960.000
20,500,000
7,750,000
30,199
477,283

4,837,455
125,000
341,780
863,250
350,000
(7) 2,937,186
8,677 42
5,180 64
3,496 78
59. 70 p. C.
2.42c.
1.07 c.

(1,120.2m.)

41,960,000
21,460,000
8,213,000
506,751
544,523

4,814,240
125,000
349,684
970,667
350,000
(7) 2,937,186
8,899 04
5,421 77
3.477 27
60. 92 p. c.
2.33 c.
1.01 c.

(1,121.0m.)
$
41,960,000
29,360,000
8,213.000
1,353,886
856,226

4,767,667
125,000
492,789
1,460,777
350,000
(7) 3,010,518
8,842 02
5,721 62
3,12040
64.71 p.c.
2.34c.
0.93c.

(1,121.0m.)

46,156,000
41,460,000
8,213,000
1,974,366
1,441,980

3,713.831
125,000
1,970,459
1,932,210
350.000
(51)2,653,824
8,346 51
5,932 56
2,413 95
.71.08p.c.
2.21 c.
0.97c.

(1,185.8m.)

46,156,000
47,720,000
8,213,000
1,700,94S
467,746

5,163,994
125,000
1,854,605
2,275.rOO
350 000
(4) 1,846, 22S
5,323 99
3,818 60
1.505 o'.,
70.72 p.c.
2.28c.
1.02c.

(1,185.8m.)

46,156.000
49,787, ()('()
8,213,000
1,163.256
517.296

5,059,839
125,000
1.835.282
2,364,950
350,000
(4) 1,846,232
5.232 35
3,717 22
1,515 13
71 .04 p. c.
2.20 c.
1.01 c.

(1,238.84m.)

46,156.000
52,002,000
8,213,000
1,618,668
270.615

Rental P. &B.V. RR...

Other Rentals, etc

Interest Mtge. Bonds . . .
Int. C. & S.W. Ry. Bds.
Dividends .

Gross Earnings p. M*. . .
Gross Expenses p. M*. . .
Net Earnings per Mile*. .
Expenses to Earnings*..
Av. Rate p. Pass. p. M. .
Av. Rate p. Ton p. M...

General Balances ......

Capital Stock
Funded Debt
Improvement Account..
Sundry Account
Profit and Loss

Total Liabilities. . .
Roads and Equipments.
Rock Island Bridge
Stocks and Bonds
Materials and Fuel
Advances

70,717,482
59,818,2->9
758,526
7,974,389
342,067

72,684,274
59,607,710
758,526
8,782,029
356,281

81,743,112
60,120,854
758,526
8,660,058
685,452
7,786,242
3,731,980

99,245,346
60,954,231
758,526
12,821,397
785,767
21,185,735
2,739,690

104.257,694
64,514,279
758,526
9,736,971
1,242,176
27,167,030
838,712

105,&36,552
65,485.393
758,526
9,721,766
806,545
28,134,397
929,925

108,460,283
til. 092,451
758.526
9,892,683
933,374
2S,3.Vj.rt;s
831,181

Cash and Accounts
Total Property, etc. .

2,324,271

3,179,728

70,717,482

72,684,274

81,743,112

99,245,346 104.257,694

105,836,552

108,4i

* The earnings from rents, interest, etc., are included in miscellaneous and gross earnings, and the average
gross and net earnings are calculated upon those figures.

Funded debt consisted April 1, 1891, of the following :

1st mortgage 6 per cent. 40-year bonds, due July 1. 1917, int. Jan. and July, coupon, I ft10 >/>« nnn ' $4.815,000
1st mortgage 6 per cent. 40-year bonds, due July 1, 1917, int. Jan. and July, registered, ( *>1<:<ouu'uw | 7,683.000

Extension and collateral 5 per cent. 50-year bonds, coupon / fi.4Q ~-0 nfkn \ 29.697,000

Extension and collateral 5 per cent. 50-year bonds, registered f fcWi°&4,UUU -j ;{ ,):

C. & S. W. 1st mtge. 7 per cent. 30-year bonds, due November 1, IH'J'.i, interest May and November 5,000,000

The 1st mortgage bonds are dated July 1, 1877, due July 1, 1917. They are a lien on all
lines owned by the company, except those covered by the extension and collateral, and the
Chicago and Southwestern bonds (see below). They are $1,000 coupon bonds, convertible in
sums of $5,000 into registered bonds. Trustee, United States Trust Co., New York.

jLhe extension and collateral bonds are dated July 1, 1884, due July 1, 1934, interest pay-

POOR'S MANUAL — CHICAGO, ROCK ISLAND AND PACIFIC RY. CO. 1~>5

able January and July, at the company's agency in New York. They are authorized at the
rate of $15,000 per mile for single track, $5,000 per mile for equipment, and $7,500 addi-
tional per mile for double track. The bonds are redeemable in the order of their numbers,
beginning with the lowest, after July 1, 1894* at 105 and interest. They are $1,000 coupon
bonds, convertible in sums of $5,000 into registered bonds, at the option of the holder. They
are secured by first mortgage on the branches from Des Moines to Indianola and Winterset,
la., 46.95 miles ; from Edgerton Junction, Mo., to Winthrop, Mo., 29 miles ; from Menlo to
Guthrie Centre, la., 14.58 miles; from Altamont, Mo., to St. Joseph, Mo., 49.66 miles;
from St. Joseph to Rushville, Mo., 14.70 miles ; from Kansas City to Armourdale, Kan., 2.4
miles ; and from South Omaha to Lincoln, Xeb.? 54.77 miles ; upon all extensions or branches
hereafter to be built, and also by deposit of $29,228,000 1st mortgage 6 per cent, bonds of the
Wisconsin, Minnesota and Pacific, and the Chicago, Kansas and Nebraska Ry. Cos. (See next
paragraph.) Trustee, United States Trust Co., New York.

Since the close of the fiscal year (in April, 1891) the Chicago, Kansas and Nebraska
mortgage for $26,000,000 has been foreclosed in the interest of the collateral trust bond-
holders, and the latter bonds are now a direct lien on the Chicago, Kansas and Nebraska
lines, aggregating 1,389.09 miles at close of fiscal year. An additional $1,470,000 were
issued in November, 1891. to pay for the 98.2 miles of road against which the $1,050,000
certificates of indebtedness shown in the balance sheet were outstanding.

The C., R. I. & P. guarantees the principal and interest of the bonds of the Chicago and
Southwestern, formerly the Iowa Southern and Missouri Northern, and now an integral part
of the C., R. I. & P. Ry. These bonds are secured by a first mortgage on the old Chicago
and Southwestern RR., from Washington, la., to a point on the Missouri Rivtr, opposite
Leavenworth, Kan., 268 miles. They are in coupon form, for $100, $500, or $1,000 each.
Interest payable at New York office of Chicago. Rock Island and Pacific Ry. Co. A sufficient
amount of the extension and collateral bonds are reserved to retire these bonds at maturity.

Since the close of the fiscal year the company has sold $2,000,000 of an authorized issue
of $10,0 >0,000 debentures, and will expend the proceeds on terminals and betterments. The
bonds are for $1,000 each, in coupon or registered form, dated September 1, 1891, due Sep-
tember 1, 1921, interest 5 per cent., payable March and September, at New York.

For statement showing the amounts and rates of dividends paid by the present company,
from its organization to the close of the year 1887, see MANUAL for 1888, page 1078. In 1888
dividends were paid as follows : February and May, 1| per cent, each ; August and Novem-
ber, Ij per cent. each. In 1889 and 1890 quarterly dividends of 1 per ceut. each were paid.

RAILROADS LEASED, CONTROLLED, OR OPERATED BY C., R. I. & P. RY. Co.

CHICAGO KANSAS AND NEBRASKA RAILWAY.— Z*n«* of Road: Elwoo.l ro Liberal.
Kan.. 439.54 : Herinston, Kan., to Minco. I. T.. 246 97 : Herington to Salina. Kan.. 49.30 : Horton. Kan., to Ros-
well, Col.. 568.65 : Fairbury, Neb., to Nelson. Neb., 51.53 : McFarland to Belleville. Kan., 103.98 : Dodge City.
Kan., to Bucklin. Kan.. '26.64— total length of lines owned. 1.486.61 miles. Leaded : V. P. Ry.. Kansas City. Mo..
to North Topeka, Kan.. 67.35 : U. P. Ry.. Limon, Col., to Denver. Col.. 89.20: D. & R. G. RR.. Denver. Col., to
Pueblo. Col.. 119.60— total length of lines owned and leased. 1.762.76. Sidings, etc.. 172.83 miles. Gauge. 4 ft.
8i in. Rail (steel). 60 Ibs. Organized March 17. 1886, and road completed as above toward the close of 1889.
Leased to the Chicago. Rock Island and Pacific for 30 per cent, of gross earnings. Defaults were made in Janu-
ary and July. 1889 : road sold under foreclosure in April. 1890. and" purchased by the Chicago. Rock Island and
Pacific Ry. Co. The stock was extinguished by the foreclosure, and the extension and collateral bonds of the
Rock Island Co. are now a first lien on the road. " The amount of outstanding bonds was S25.149.000. all of which
were owned by the Rock Island Co. and deposited in trust to secure the bonds issued under its extension and
collateral trust mortgage. Polling Stock.— Locomotive engines. 143. Cars— passenger. 75 : sleeping, 12 : baggage,
mail, and express, 22 : business. 2 : freight (box, 3.855 ; stock. 600 ; platform and coal. 480;, 5,165 ; drovers1,
caboose, and others. 88— total cars— 1,534.

DES MOINES AND FORT DODGE RAILROAD.— Des Moines. la., to Fort Dodge, la.. 88.76 ;
Tara, la., to Ruthven, la.. 55 — total. 143.76 miles. The tracks of the Illinois Central are used between Tara and
Fort Dodge Junction. 5.4 miles. Sidings. 7 miles. Gauge, 4 ft. 84- in. Rail (steel. 112 miles). 56 Ibs. Organized
•January, 1874, and succeeded to a portion of the Des Moines Valley RR.. from Des Moines to Fort Dodge, which
was sold under foreclosure October 17, 1873. The Ruthven extension was built in 1882. Leased to the Chicago,
Rock Island and Pacific Ry. Co. on January 1. 1887, for 18 years (covering the life of its first mortgage bonds), at
30 per cent, of the gross earnings, guaranteed to equal 4 per cent, on first mortgage and extension bonds, and 2t
per cent, on second series bonds. Rental for year ending December 31, 1S90. $135.577.37 : other receipts, $1,207.-

-total, $186,784.87. Expenses. $620.78; interest on bonds. §104,880 : other charges. S150— total, $105.650.78.
Surplus. $31,134.09. Financial Statement.— Capital stock (common. ?4.283.000 ; preferred. §758,280), $5,041,280 ;

inded debt (first mortgage 6 per cent. 30-year coupon bonds, due January 1. 1905. interest January and July.

156 POOR'S MANUAL OF RAILROADS.

382.89— total, 18,742,180.25. CHARLES N. GIT.MOKE, President, Des Moines, Ta. ; W. G. Purdy, Treasurer, Chi-
cago, III. ; John Givin, Secretary, Des Moines, la. GENEKAL OFFICE, Des Moines, la.

AND DES MOINES BAILBOAD.—Keoknk to Des Moines. la., 162. 20 miles. Sid-
ings, etc., 20. 13 miles. Gauge. 4 ft. 8i in. Rail (steel. 24.22 m.), 52, 5fi, GO Ibs. (For history see MANI AL for
1891.) Leased to the Chicago, Rock Island and Pacific fpr 45 years from October 1, 1878, at 25 percent, of gross
earnings, guaranteed to equal interest on bonds. Rental, year ending September 30, 1891, $146,024. 82 ; expenses,
$56.50 ; net income, $145,969.32. Paid interest on bonds, $137,500. Surplus, $8,469.32. Financial Statement.—
Capital stock— common, $2,600,400 ; preferred, $1,524,600 ; funded debt, first mortgage 5 per cent. 45-year bonds,
due October 1, 1923, interest April and October, $2,750,000 ; cash balance, $14.742.70— total. $6,889,742.70. Contra :
Cost of road, etc., $6,702,641.32 ; profit and loss, $187,101.36— total, $6,889,742.70. The lessees own 14,879 shares
common and 5,751 shares of preferred stocks. Preferred stock is entitled to 8 per cent, dividends, if earned. BEN-
JAMIN BREWSTEII, President, New York. N. Y. ; James R. Cowing, Secretary and Treasurer, New York, Is1. Y.
PRINCIPAL OFFICE. Chicago, 111. New York Office, 13 William St.

PEOBIA AND BUREAU VALLEY RAILROAD.— Peoria, 111., to Bureau Junction, 46.70
miles ; total track (steel. 48.70), 57.40 miles. Organized June 27, 1853. Leased in perpetuity April 14, 1854, to the C.,
R. I. & P. ; rental, $125,000 a year. Dividends payable, February 10 and August 10, each 4 per cent,, at 13 William
St., New York. An extra dividend of 1 per cent, is paid every four years; the last was paid in 1890. Rental, year
ending June 30, 1891, $125,000 ; balance cash last year, $1,624.51— total, $126,624.51. Expenses, $1,072.10 ; divi-
dends (8per cent.), $120,000. Surplus, $5,552.41. Capital stock, guaranteed 8 per cent., $1.500,000; income
balance. $72,152.4!— total, $1,572,152.41. Contra: Construction ($33,500 per mile), $1,566,600 ; cash, $5,552.41—
total, $1,572,152.41. JAMES R. COWING, President ; W. A. Nash, Treasurer, New York, N. Y. ; J. F. Phillips,
Secretary, Chicago, 111. GENERAL OFFICE, Chicago, 111. Transfer Office, 13 William St., New York.

Board of Directors, C. R. I. & P. Ry.'Co., three elected June 3, 1891.

Alexander E. Orr. .New York, N.Y.

John DeKoven Chicago, 111 .

Henry M. F]agler..New York, N.Y.
David Dows, Jr...

Alex. T. Van Nest.New York, N.Y.

R. P. Flower

Benjamin Brewster "

H. R. Bishop

Hugh Riddle Chicago, 111 .

H. H. Porter

Marshall Field

R. R. Cable Rock Island. III.

George G. Wright Des Moines, la.

Executive Committee.— R. Kindle, H. H. Porter, R. R. Cable, H. R. Bishop, B. Brewster.

R. R. CABLE, President Chicago, 111.

Benjamin Brewster, 1st Vice- President New York, N. Y.

W. G. Purdy, 2d Vice- President, Secretary, and Treasurer Chicago, 111.

H. A. Parker, 3d Vice-President Chicago, 111.

Assistant to President— K. Kimball. ..Davenport, la. | Asst. Sees. & Asst. Treas. -j

PRINCIPAL, OFFICE AND ADDRESS Chicago, 111.

Registrar of Stock Corn Exchange Bank, No. 13 William St., New York, N. Y.

CHICAGO, ST. PAUL AND KANSAS CITY RAILWAY COMPANY.

( St. Paul, Minn. , to Dubuque, la 253 . 53 miles.

Main Lines of Road : \ Aiken, 111., to Forest Home, 111 146.73 miles.

(Oelwein, la., to St. Joseph, Mo 289.58 miles.

Manly Branch : Hayfield, Minn., to Manly Junction, la 47.20

Hampton Branch : Sumner, la., to Hampton, la 63.95

Cedar Falls Branch : Wilson Junction, la., to Cedar Falls, la 7.48

Valeria Coal Branch : Valeria, la., to Coal Mines, la. '. 3.20

Wasioja Branch : Eden, Minn., to Wasioja, Minn 4.00 — 125.83 miles.

Leased : Leavenworth and St. Joseph RR., Bee Creek to Beverly, Mo 23.00 miles.

Trackage. — For particulars see below 83.78 miles.

Total mileage owned, leased, and operated, June 30, 1891 922.45 miles.

2d track, 4.4 ; sidings, etc., 130.89 miles. Gauge, 4 ft. 8£ in. Rail, iron, 50 ; steel (923.85
miles), 00 Ibs.

The mileage operated under trackage arrangements is made up of the following lines
and parts of lines : Great Northern Ry., Minneapolis to St. Paul, Mini:., 10.56 ; Dui leith
and Dubuque Bridge Co., Dubuque, la., to East Dubuque, 111., 0.59 ; Illinois Central HR.,
East Dubuque to Portage Curve, 111., 13.23 ; C., B. & N. RR., Portage Curve to Aiken, 111.,
1.85 ; C. & N. P. RR., Forest Home to Chicago, 111., 10.18 ; Des Moines Union Ry., in Des
Moines, la., 2.26; Des Moines and Kansas City Ry., in Des Moines, la., 0.44; K. C., St. Joseph
& C. B. Ry., in St. Joseph, Mo., 0.81 ; St. Joseph Terminal Co., in St. Joseph, Mo., 0.39 ;
A., T. & S. F. RR., St. Joseph, to Bee Creek, Mo., 7.63 ; C., R. I. & P. Ry., Beverly, Mo., to
Leavenworth, Kan., 2.52 ; Leavenworth Bridge Co., across Missouri River at Leavenworlh,
Kan., 1.12 ; Union Pacific Ry., in Leavenworth, Kan., 1.93 ; Leavenworth Union Depot Co.,
in Leavenworth, Kan., 0.14 ; K. C., W. & N. W. RR., Leavenworth, Kan., to Kansas City,
30.13— total, 83.78 miles.

POOR'S MANUAL— CHICAGO, ST. PAUL AND KANSAS CITY HY. CO.

157

History. — Incorporated May 26, 1881), and purchased the Wisconsin, Iowa and Nebraska
Ry., Des Moines to Waterloo, and branches, in all about 115 milt-s. (See MANUAL for 1888,
page 839).

During the past year the mileage was increased by the length of the line from St. Joseph
to Kansas City, 67.67 miles, composed of the leased Leavenworth and St. Joseph RR., and
trackage rights over portions of several other roads, as shown above, and was diminished by
length of the Iowa Central Ry. tracks from Manly Junction to Mason City, 9.10 miles ; a net
increase of 59.77 miles.

Kollingr Stock, June 30, 1891. — Locomotive engines, 82. Cars — passenger, 25 ; subur-
ban, 4; combination, 7 ; baggage, mail, and express, 11 ; dining, 3 ; officials, 1 ; business,
2 ; milk, * ; freight (box, 1,532 ; stock, 449 ; flat, 369 ; coal, 234 ; caboose, 72 ; refrigerator,
10 ; implement and buggy, 5), 2,671 ; work cars, 295 — total cars, 3,023. In addition to this
equipment the company leases 40 locomotives, 16 coaches, 7 baggage, mail, and express,
2,000 box and 40 furniture cars.

Operations for year ending June 30, 1891 (average 886.90 miles). — See tabulated state-
ment below.

Earninzs. — Passenger

Freight

Mail

Express

Miscellaneous.

$1,040,832 76

3,077,738 38

72,672 34

70,894 92

91.257 14

Expenses.— Transportation $1,877,936 11

Maintenance of Equipment . . . 364,290 51
Maintenance Way & Buildings 455,333 96

General 587,779 63

Taxes 93,000 00

Total ($4,908.55 per mile) $4,353.395 54 Total ($3,809.15 per mile) $3,378,340 21

Net earnings (22.39 per cent.), $975,055.33. Add rentals received, $7,455.73— total avail-
able revenue, $982,511.06. Payments : Interest on three-year notes, $8,720 ; on 5 per cent,
priority loan, $58,815.60 ; on collateral notes, $24,740 ; trackage rentals (111. Cent. Ry..$21,-
206.53 ; Great Northern, $25,000.10 ; C., B. & N. Ry., $3,147.84 ; St. P. & N. P. Ry., $18,-
449.73 ; Iowa Central, $3,737.49 ; Des Moines and Kansas City, $580.65 ; St. Joseph to Kan-
sas City, $43.833.25 ; Lyle to State Line, $50), $116,005.59 ; terminal rentals (at Chicago,
$101,516.59 ; at Des Moines, $7,313.14), $108,829.73 ; rental Dubuque Bridge, $30,000 ; rental
Minnesota Transfer Ry., $4,856.40 ; rental of equipment, $95,599.87— total, $447,567.19.
Surplus, $534,943.87; surplus forward, $608,954.81— total, $1,143,898.68.
Statement of operations, etc., for six years ending- June 30 :

1886

Months.

1887

1888

1889

1890

1891

Average Miles Operated
Passenger Train Miles
Freight Train Miles

109 355

'.'.'.'..'.'.'.'.'.'.'. '" Y.sVr'.oss

7 77Q 212

608
1,081,258

2,51. •
4,551,743

25,258,086'
831,274,
22,350.472
1,030,356
187,092,505

2.234,204 24!
1,816,523 86

750
1 .292,971
2,098,288

5,197,533
26,509,632
1,153.168
27.758.311
935,479
197,258,630

2,757,860 19
2.129,615 63

844.76 886.90
1,358,562 1,344,110
3,107,9991 2,62i\241
5,954.0051 6,086,239
50,051.961 48.393,411
1. 217. 175' 1.139.713
48.081.253: 42.970.824
1,483,238 1. 388,6. J8
423,789,894! 391,436,813

4,211,559 95! 4,353,395 54
3,265,885 34i 3,378,340 21

Passenger Car Miles
Freight Car Miles

Passengers Carried . . .

625,675
8.199,490
827.574

71.164.238
$
1/216.410 00
799,911 00

Passenger Miles

Freight (tona) Moved

Freight (ton) Miles
Gross Earnings . ..

16,293,297
$
202.623 00

Operating Expenses, Taxes, etc

Net Traffic Earnings
Other Receipts

199,486 00

93,137 00

416,499 00

417.680 38
17,311 50

628,244 56
20,125 55

945.674 61
14,104 86

975.055 33
7,455 73

Available Revenue
Interest Paid

93.137 00
92,000 00

416.499 00
345,171 00

434.991 881
595,725 83
151.13^ 53
12.'-

648.370 11
882.343 86
182:242 77
54^582 81

i 959.779 47l 982,511 06
54.589 79 92.275 60
199.105 54 259.691 72
97,129 331 95,599 87

Rentals of Tracks

Rental of Equipment ... .

Total Payments
Balance (+ or — )
Gro*< Earnings per Mile . .
Gross Expenses per Mile. .

.

92,000 00
+ 1,137 00
2,684 00
1,830 00
854 00
68.17p.c.
3.03c.
l.fflc.

345,171 00
+ 71,328 00
3,427 00
2,253 00
1.174 00
65. 76 p. C.
S.OOc.
1.12C.

759.552 43 1,119.169 44
-324,5(50 55!- 470,799 33
3,675 00 3,704 00
2,988 00 2,740 00
687 00 964 00
81. 31 p. c. 1 73. 98 p. c.
2.34c. 2.23c.
O.SOc. i 0.95c.

350,824 66
+ 608,954 81
4,985 51
3,763 06
1,222 45
75. 22 p. c.
2.02c.
0.72c.

447,567 19
+ 534,943 87
4,908 55
3,809 15
1,099 40
77.61 p.c.
2.20c.
0.79C.

Net Earnings

Expenses to Earnings
Aver. Rate p. Pass. p. Mile'
Aver. Rate p. Ton p. Mile

158

POOR'S MANUAL — CHICAGO, ST. PAUL AND KANSAS CITY BY. CO.

General Balance Sheet, June 30, 1891.

Cost of Road and Terminals $4

Cost of Equipment 2,017,002 92

Leased Equipment „ 1,524,539 31

Funded Int. on 1st Mtge. Bond, 2 years. . . 1,882,100 00

Funded Int. on Gen. Mtge. Bds., 2£ yrs. int. 438,365 22

General Mtge. 4 p. c. Reg. Bonds Owned . . 5,214,000 00

Accounts Receiv. Fuel & Mat. on Hand . . . 466,617 86

Cash on Hand 40,249 47

Due from Stations 171,438 81

Expenses of Funding Scheme 82,723 72

Capital Stock (par, $100) §14,892,900 00

Funded Debt Outstanding 35,764,800 00

Three-year Notes 120,000 00

Collateral Trust Notes 399,870 07

Rolling Stock Lease Warrants 1,524,539 31

Coupons Due and Interest not Due 11,725 00

Vouchers and Pay Rolls (not Due » 548,877 46

Bills Payable (Current), not Due 285,041 17

Taxes Accrued, not yet Due 44,268 60

Income Account 1,143,898 68

Total Liabilities.

Total Assets $54,735,920 29

Funded debt ($35,764,800) consisted June 30, 1891, of the following:

$54,735,920 29

Sterling priority 5 per cent, loan, due January 1, 1934, interest January and July. $1,882,100

1st mtge. M. & N. W. RR. 5 per cent 50-year gold bonds, due July 1, 1934, interest January and July. . 9,628',000
1st mtge. C., St. P. & K. C. Ry. 5 per cent. 50-year gold bonds, due July 1, 1936, int. January and July. 9,273,000
Gen. mtge. C., St. P. & K. C. Ry. 4 p.c. 100-year gold bonds, due Jan. 1, 1989, interest Jan. and July. . 10,000,000
Inc. bds. C., St. P. & K. C. Ry. 5 p.c. non-cumulative, due July 1, 1936, int. Jan. & July, when earned 4,981,700

The company reserves the right to pay the priority loan before maturity, at 105, upon
giving six months' notice, aud binds itself to pay no interest on incomes or dividends on
shares till the priority loan is entirely paid off. The bonds were issued in exchange for six
coupons, January 1, 1890, to July 1, 1892, of the C., St. P. & K. C. and M. & N. W. 1st mort-
gage bonds. The issue 'is limited to $2,823,150, and the remaining $941,050 will be issued
in equal amounts as the coupons 'for which they are ipsued accrue in 1892. The loan is
secured by deposit of the detached coupons, which retain a lien prior to the principal, their
rights being preserved. Interest payable in New York, London, or Amsterdam.

The three year notes are for $3,000 each, in coupon form, with privilege of registration.
The income bonds are registered. The collateral notes are secured by deposit of general
mortgage bonds.

The first mortgage bonds, M. &N. W. RR., are secured on the lines from St. Paul, Minn.,
to Mauley Junction, la., 129,4 miles; from Hayfield, Minn., to Dubuque, la., 171.02 miles ;
from Aiken to Forest Home, 111., 146.73 miles ; and from Sumner to Hampton, [a., 63 miles; a
total of 510.15 miles. Also secured on terminals at St. Paul and Minneapolis, drawbridge at
St. Paul, and double track between St. Paul and South St. Paul. The bonds are for $1,000
each, in coupon form, with provision for registration ; principal and interest payable in New
York in gold coin, or at the option of the holder principal payable in London at the fixed rate
of 49^ pence to the dollar. Trustees, Metropolitan Trust Co., New York and Robert H.
Benson, London. Listed on the Stock Exchanges of New York and London.

Of the first mortgage bonds (C., St. P. & K. C. Ry.) of 1936, $6,110,800 were issued at the
rate of $20,000 per mile against completed railroad, and constitute a first charge upon the
lines from Oelwein, la., to St. Joseph, Mo., 289.96 miles ; from Cedar Falls to Wilson Junc-
tion, la., 7.48 miles; from Valeria, la., to Coal Mines, 3.20 miles ; extension in Hampton, 111.,
0.9 mile ; and from Eden to Wasioja, Minn., 4 miles ; a total of 305.54 miles. They are a
further charge upon the rest of the system, subject to the lien of the Minnesota and North-
western 1st mortgage bonds. Of the balance, $2,005,976.34 were issued at the rate of $2,458
per mile, against the cost of equipment; and the remainder against the cost of right of way,
depot grounds, and terminal facilities at St. Joseph, Missouri ; Des Moines, Waterloo, and
Marshalltown, Iowa; Kansas City, Kan., and St. Paul, Minn. The mortgage limits the issue to
$20,000 per mile of single track railroad actually constructed and in operation ; an additional
amount, not exceeding $5,000 per mile, for providing equipment, for right of way, depot
grounds, and terminal facilities ; and an additional amount, not exceeding $8,000 per mile,
for double track. After 1896 the company has the right to redeem the bonds at 105 and
interest. The bonds are for $1,000 each, in coupon form, with provision for registration of
principal ; principal and interest payable in New York in gold coin, or at the option of the
holder at London in sterling at the fixed rate of 4s. l$d. to the dollar. Trustees, Metropolitan
Trust Co., New York, and Robert H. Benson, London. Listed on the Stock Exchanges of
New York and London.

POOR'S MANUAL OF RAILROADS. 159

The general mortgage is for $10,000,000, plus such additional amounts as may be needed
to replace the bonds now or hereafter issued under the mortgage of 1886 and the M. & N. W.
mortgage. The bonds bear no interest till after July 1, 1892. Trustees : Metropolitan Trust

New York, and R. II. Benson, London.

Annual meeting, firt-t Thursday in September. Books close thirty days previously.
The income bonds are convertible into five per cent, preference stock. Interest payable in
New York City and London, England. Trustees of bonds : Metropolitan Trust Co.. New
York, N. Y., and Robert Benson, London, England. Trustee of sterling bonds, Merchants*
Trust (Limited), London, Eng. Registrar of stock, Metropolitan Trust Co., New York City.

RAILROAD LEASED BY THE C., ST. P. & K. C. RY. Co.

LEAVENWORTH AND ST. JOSEPH RAILROAD.— Bee Creek, Mo., to Beverly Junction, Mo..
23 miles. Siding, etc., 3.46 miles. Rail (steel, -24.46 miles); 60 Ibs. Road opened February 1, 1891, and leased
for 990 years from that date to the Chicago, St. Paul and Kansas City Ry. Co. Capital stock, representing cost of
road, etc., $500.000. ARNOLD KALMAN, President ; C. W. Benson, Vice-President ; Francis Skipwith, Treasurer /
John L. Pratt, Secretary, St. Paul, Minn.

Board Directors, C., St. P. & K. C. Ry. Co., elected September 3, 1891.

A. B. Stickney St. Paul, Minn. William L. Boyle.. New York. N. Y. '• D. Rankin Tarkio.Mo.

C.W.Benson " " M. Auerbach St. Paul. Minn. J.L.Pratt St. Paul, Minn.

William Dawson " " A. If. Drake " " F. D. Stout Dubuque, la.

A. Oppenheim " " | A. Kalman. . . " " A. Slimmer Waverly, la.

J. M. Egan " " i S. C. Stickney Chicago, 111. | J. W. Lusk St. Paul. Minn.

A. B. STICKNEY, Chairman of the Board St. Paul, Minn.

J. M. EGAN, President and General Manager St. Paul, Minn.

C. W. Benson, Vice- President St. Paul, Minn.

W. L. Boyle, Vice-Pres. and Transfer Agent. . .47 Wall Street, New York.

Secretary— ^l. C. Woodruff Dubuque. la.

Asst. Secretary— J. L. Pratt St. Paul, Minn.

Auditor— M. C. Healion St. Paul, Minn.

Treasurer— W. B. Bend ...

PRINCIPAL OFFICE AND ADDRESS St. Paul, Minn.

Transfer Office 47 Wall Street, New York, X. Y.

CINCINNATI AND KENTUCKY SOUTHERN RAILROAD COMPANY.

Line of Road. — King's Mountain to Yosemite, Ky 15 miles.

2d track, 1.5 miles. Gauge, 4 ft. 8i in. Rail (steel, 5 miles), 45 and 56 Ibs.

History. — Organized July 1, 1891, as successor to the Cincinnati and Green River Ry.
Co., whose property was sold under foreclosure January 28, 1889. (See MANUAL for 1891.)

Rolling Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger,- 1 ; baggage,
etc:, 1— total cars. 2.

Operations for year ending June 30, 1891. — Trains run, 18,000 miles. Passengers car-
ried, 2,835; carried one mile, 35,235; average mile rate, 1.60 cents. Tons freight moved,
17.654; moved one mile, 264,810 ; average ton-mile rate, 4.66 cents. Earnings — passenger,
$588.80 ; freight, $12,358.21 ; mail, $502.72— total, $13,449.73. Expenses— transportation,
$4,776.16; maintenance of equipment, $902.10; way and buildings, $4,552.46; general. $2,-
347.68— total, $12,578.40. Net earnings, $871.33.

Financial Statement, June 30, 1890 (latest furnished^. — Advanced by syndicate of pur-
chasers, $110,500 ; profit and loss, $7,885.52— total, $118.385.52. Contra : Cost of road,
$100,000 ; rolling stock, $10,500 ; cash on hand, $7,885.52— total, $118,385.52.

EDWARDS RITCHIE, General Manager Cincinnati, 0.

PRINCIPAL OFFICE AND ADDRESS Cincinnati, 0.

CINCINNATI AND WESTWOOD RAILROAD COMPANY.

Line of Road.— Cincinnati, O., to Robb's Station, 0 5.63 miies.

Sidings, 1 mile. Gauge, 8 ft. Rail (tteel, 2 miles), 35 and 40 Ibs.

History. — Successor after foreclosure sale, May 30, 1887, to a company of the same

160 POOR'S MANUAL OF RAILROADS.

name. Operations resumed August 1, 1887. (See MANUAL for 1890.) The company reports
that since the close of the fiscal year the road has been changed into a first-class standard
gauge railroad, with new equipment, ballast, and ties.

Rolling1 Stock, June 80, 1891.— Locomotive engines, 2. Cars — passenger, 3 ; freight
(platform, 5 ; coal, 15), 20 — total cars, 23.

Operations for year ending June 30, 1891. — Trains run, 34,062 miles. Passenger and
freight traffic not reported. Earnings — passenger, $13,034.51; freight, $466.67; mail, $290.10 —
total, $13,791.28. Operating expenses, $13,774.35. Net earnings, $16.93 ; add other receipts,
$1,069.73— total net revenue, $1,086.66. Paid interest on debt, $805.51; taxes, $769.40;
other charges, $1,900.20— total, $3,475.11. Balance, deficit, $2,388.45. Deficit from last
year, $8,051.81. Total deficit as per balance sheet, $10,440.26.

Financial Statement, June 30, 1891.— Capital stock, $100,000 ; funded debt, 1st mort-
gage 7|30 per cent. 15-year $1,000 coupon bonds, due September 1, 1891, interest payable
February and September, $40,000; bills payable, $19,800.45— total, $159,800.45. Contra:
Cost of road, $114,300.19 ; rolling stock, $27,560 ; real estate, $7,500 ; profit and loss, $10,-
440.26 — total, $159,800.45. Since the close of the fiscal year provision has been made for an
issue of $100,000 6 per cent, bonds. Trustee, D. B. Gamble, Cincinnati.

Directors (elected August 11, 1891).— J. N. Gamble, A. D. Shockley, D. B. Gamble,
W. A. Gamble, Cincinnati, O. ; P. M. Williams, J. G. Williams, Cheviot, O.; N. G. Hildreth,
Westvvood, O.

J. N. GAMBLE, President and General Manager Cincinnati, 0.

P. M. Williams, Vice- President Cincinnati, O.

.Secretary— N. G. Hildreth Westwood, O. | Treasurer— A. D. Shockley Cincinnati, O.

PRINCIPAL OFFICE AND ADDRESS 5 United Bank Building, Cincinnati, O.

Transfer Office Westwood, O.

CINCINNATI, GEORGETOWN AND PORTSMOUTH RAILROAD COMPANY.

Line of Road. — Cincinnati, O., to Georgetown, 0 42 miles.

Sidings and other tracks, 2 miles. Gauge, 3 ft. Rail (steel, 5 miles), 35, 40. and 60 Ibs.

History. — Organized March 21, 1881, as successor to the Cincinnati and Portsmouth RR.
Co., whose property was sold at judicial sale September 11, 1880. (See MANUAL for 1890.)

Rolling Stock, June 30, 1891. — Locomotive engines, 5. Cars — passenger, 11 ; baggage,
etc., 1 ; freight (box, 13 ; stock, 9 ; platform, 16 ; coal, 20), 58— total cars, 70.

Operations for year ending June 30, 1891. — Train mileage — passenger, 61,630 ; mixed,
26,040— total, 87,670 miles. Passenger* carried, 145,708. Tons freight moved, 18,534 ;
moved one mile, 474,640 ; average toa-mile rate, 3.95 cents. Earnings — passenger, $41,-
076.27; freight, $18,768.11; mail, $3,172.88; express, $5,391.55; miscellaneous, $718.39—
total ($1,645.88 per mile), $69,127.20. Operating expenses ($1,285.02 per mile), $53,971.01.
Net earnings (21.93 per cent.), $15,156.19. Paid interest on bonds, $15,120. Balance, .sur-
plus, $36.19.

Financial Statement, June 30, 1891.— Capital stock, $400,000 ; funded debt, $252,000 ;
bills payable, $6,063.25 ; current accounts, $5,562.40 ; profit and loss, $512.31 ; interest un-
paid, $1,770; net earnings, April, May, and June, 1891, $2,954.51— total liabilities, $668,-
862.47. Contra : Cost of road, equipment, etc., $652,015.63 ; materials and fuel, $8,390.50 ;
bills receivable, $3,997.05; current accounts, $3,651.36; cash, $807.93— total assets, $668,-
862.47.

Funded debt consists of 1st mortgage 6 per cent. 20-year $1,000 coupon bonds, due April
1, 1901, interest payable April and October, at office of Central Trust Co. of New York.
Authorized issue, $500,000. Annual meeting, first Wednesday in October ; books close
thirty days previously, and stock owned then may be voted at the meeting. Trustee of
bonds, Edmund K. Stallo. Registrar of stock, E. W. White, Secretary of Company.

POOR'S MANUAL OF RAILROADS. 161

Directors (elected Octobers, 1890).— Orland Smith, Baltimore; W. W. Peabody, Ralph
Peters, Alex. McDonald, E. W. Kittredge, II. G. Koelker, E. W. White, Cincinnati, 0.

RALPH PETERS, President Cincinnati, O.

Vict-Pns. and /'/>>/*. II. U. Roelker.. . .Cincinnati, O. i Secretary and Auditor E. \V. White Cincinnati, O.

I;RAL OFFICE AND ADDRESS Cincinnati, O.

CINCINNATI, HOCKING VALLEY AND HUNTINGTON RAILROAD CO.

, { Kingston, 0., to Adelphi. 0 9.75

Lines of Koart : ^Cin Eastern Junction to Point in Clermont Co., O. .11.30— 21.05 miles.
Sidings, 1 mile. Gauge, 4 ft. 8* in. Rail (steel, 9.75 miles), 35 and 45 Ibs.

History. — The Cincinnati, Payetteville, Hillsborough and Huntington RR. Co. was
organized April 6, 1880, to succeed a company which had been organized some years pre-
viously to build a road from Cincinnati to Nelsonville, O. Considerable preliminary work
'had been done, when in October, 1882, that portion of the line from its junction with the
i Chicago and Eastern Ry. to Hillsborough was sold to the Cincinnati, Atlantic and Columbus
| RR. Co., that company assuming all debts of the C.. F., H. & H. RR. Co. The new company
completed 11 miles of road, from Milford to Xelsonville, when it became embarrassed, and
it is reported to have passed under the control of the Cincinnati, Georgetown and Portsmouth
RR. Co. Subsequently a contract was entered into for the construction of a section of the
line east of Hillsborough, under which the line from Adelphi to Kingston, as above, was
completed and formally opened December 22, 1885. This section is operated by the con-
tractor, John Karshner, who will control it until it shall have been paid for by the company.
Rolling Stock. — Locomotive engine, 1. Cars — passenger and baggage, 1.
Financial Statement.— Capital stock, $5,250,000.

Directors (elected January 2, 1888). — John A. Nipgen, Alexander Remmick, John S.
Mederia, Marcus Boggs, Chillicothe, O. ; Henry P. Niles, Toledo, O. ; Win. A. Jones, Bourne-
ville, 0. ; Thomas Ewing. New York, X. Y. ; David H. Strous, John Kashner, Adelphi, O.

MARCUS BOGGS, President Chillicothe, O.

Stcrftanj— Robeit Swinehart Adelphi, O. j Treasurer— T. G. McKell Chillicothe, O.

PRINCIPAL OFFICE AND ADDRESS Chillicothe, 0.

CINCINNATI, LEBANON AND NORTHERN RAILWAY COMPANY.

Main Line of Road.— Cincinnati, O., to Dodds, 0 36.25

Montgomery Branch : Blue Ash to Montgomery 1.40 — 37.65 miles.

2d track, 1.32; sidings, 8.93 m. Gauges, 3 ft. and 4 ft. 8| in. Rail (steel, 27.83 m.), 35 to 56 Ibs.

History. — Organized August 1, 1885, as successor to the Cincinnati Northern Ry. Co.,
whose road was sold under foreclosure June 27. 1885. (See MANUAL for 1888, page 411.)

Rolling Stock, June 30, 1891. — Locomotive engines, 8. Cars — passenger, 12 ; baggage,
mail, and express, 3 ; freight (box, 50 ; stock, 15 ; platform, 37 ; coal, 32), 134 ; caboose, 2 ;
other, 2— total cars, 153.

Operations for year ending June 30, 1891. — Train mileage not reported. Passengers
carried, 552,347 ; carried one mile, 4,303,957. Tons freight moved, 44,155 ; moved one mile,
736,324. Earnings— passenger, $83,603.34 ; freight, $48,643.58 ; mail, $2,380.48 ; express,
$1,653.68— total, $136,281.08. Expenses— transportation, $47,420.14; motive power and
•10,079.49 ; maintenance way, etc., $22,450.94; general, $10,877.80— total, $90,828.37.
Net earnings, $45,452.71. Payments : Interest on bonds, $9,750 ; rentals, $4,203.56; taxes,
£,085.22— total, $15,988.78. Balance, surplus, $29,463.93; surplus from last year, $110,-
447.07; total surplus, $139,911.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $992,000 ; funded debt,
$200,000; bills payable, $3,000; current accounts, $13,539.73; non-interest bearing certifi-

162

cates, $172,440 ; other liabilities, $20,178.26; profit and loss, $139,911— total, $1,541,068.99.
Contra : Cost of road, equipment, real estate, etc., $1,443,778.39 ; materials and fuel, $5,112 ;
other property and assets, $90,381.13 ; cash on hand, $1,797.47— total, $1,541,068.99.

Funded debt consists of first mortgage 5 per cent. 30-year $1,000 coupon bonds, dated
January 2, 1886, interest payable January and. July. Capital stock authorized, $1,000,000.
Annual meeting, second Tuesday in October, at Cincinnati, O. Trustee of bonds, John Flack
Winslow, Cincinnati, 0. Interest payable at Fourth National Bank, Cincinnati, 0. At the
annual meeting in October, 181J1, the directors were authorized to issue $500,000 new 5 per
cent, bonds to be used in retiring the present first mortgage bond,*, and to provide means for
additional terminal facilities, broadening the gauge, and making such extensions as may be
deemed advisable.

Directors (elected October 13, 1891).— George Hafer, George Bullock, Theodore Cook,
Thomas J. Emery, A. S. Winslow, Joseph B. Thorns, L. C. Weir, Cincinnati, O.

GEORGE HAPEK, President and Treasurer Cincinnati, O.

Auditor— Clay Rockwell Cincinnati, O. | Secretary— John F. Winslow Cincinnati. ( >.

PRINCIPAL OFFICE AND ADDRESS Cincinnati, 0.

CINCINNATI, NEW ORLEANS AND TEXAS PACIFIC RAILWAY CO.
(Lessee of the Cincinnati Southern Railway.)

(Vor map, see statement of East Tennessee, Virginia and Georgia Ry.}

Line of Road. — Cincinnati, 0., to Chattanooga, Tenn 335.92 mil.-s.

Sidings, 108.31 miles. Gauge, 4 ft. 8^ in. Rail (steel, 335.92 miles), 53, 60, and 85 Ibs.

History. — Organized October 8, 1881, and four days later leased the Cincinnati Southern
Ry. The road was built under authority granted by the Legislature, May 4, 1869, and was
opened to Chattanooga February 12, 1880. The city of Cincinnati supplied the means of
construction by an issue of bonds, as follows : 1st series, July 1, 1872-1902, interest 7 per
cent. January and July ($700,000 authorized), $587,000 ; 2d series, July 1, 1872-1902, interest
7.3 per cent., January and July ($9,300,000 authorized), $8,362,000 ; 3d series, May 1, 1876-
1906, interest 7.3 per cent. May and November ($2,800,000 authorized), $2,032,000 ; 4th series,
May 1, 1876-1906, interest 6 per cent. May and November ($3,200,000 authorized), $2,954,-
000 ; 5th series, November 1, 1878-1908, interest 7 per cent. May and November ($1,000,000
authorized), $1,000,000 ; 6th series, August 1, 1879-1909, interest 6 per cent. February and
August ($1,000,000 authorized), $1,000,000.

The rental is $1,012,000 from October 11, 1891, till October, 1896; $1,102,000 till October,
1901 ; and $1,262,000 till October, 1900. All negotiations between the company and the
trustees, looking to a modification of the lease, have failed. Arbitration of claims made bj
this company against the city of Cincinnati is pending.

Rolling" Stock, June 30, 1891. — Locomotive engines, 103. Cars — passenger, 28 ; baggage
and mail, 20 ; freight, (box, 1,311 ; platform, 390 ; >tock, 248 ; coal, 937 ; refrigerator, fruit,
and oil-tank cars, 153 ; caboose, 54), 3,093 ; miscellaneous cars, 20 — total cars, 3,161.

Operations for year ending June 30, 1891. — See tabulated statement following.

Bantings.— Passenger 8989,97490

Freight 3,154,056 91

Mail 107,149 07

Express 88,601 26

Expenses.— Transportation $l,i:>i).r,M 01

Motive Power 79<>,i»1i; 61

Maintenance of Cars 28:2. '.)tiv! 0">

Maintenance Way 481. ~

Miscellaneous 39.860 50 j General and Taxes 307 '.:.s7 M

Total ($13,033.16 per mile) $4,379,142 64 ! Total ($9,001.50 per mile) $3,084.:

Net earnings (30.94 per cent.), $1,354,640/22. Payments : Rent of roadway, $900,000;
remuneration to trustees as per lease, $12,000 ; dividends (paid October 22, 1890, and April
20, 1891, 2 per cent, each), $120,000 ; interest on current accounts, $173. 1)4; sinking fund,
$100,576— total, $1,132,749.49. Balance, surplus, $221.890.28 ; surplus from last year, $1,-
006,790.18— total surplus as per general balance sheet, $1,228,680.46.

POOR'S MANUAL — CINCINNATI, NEW ORLEANS AND TEXAS PACIFIC RY CO. 163

General Balance Sheet, June 30, 1891.

Purchase of Stock and Tools §1.865,773 88

Improvements to Road and Equipment. .. 3,035,93491

f Material, etc., on Hand 264,750 36

Sundry Debtors 151,666 08

Current Accounts 147. .">^7 J"

n Hand and in Transit 52,462 51

Other Railroads 107,49156

Rolling Stock Suspense 9.192 90

Invt'-tinent Account 49,93973

,:iim for Damages by Floods, 'S3-'84. 25,107 56
Total Assets $5,709.906 96

Capital Stock ;par, $100)

Reserve for Sinking Fund

Replacement of Rolling Stock Fund.

Sundry Creditors.

Creditors on Pay Rolls

Other Railroads

Car Trust Notes

Trustees of the Cincinnati Ry

Net Revenue Account. . .

.$3,000,000 00

. 594,000 00

52,093 79

. 421,397 73

Total Liabilities

67,567 04

8,465 81

, 201.032 26

. 1,228,680 46

.$5,709,906 %

Statement showing the operations and earnings for seven fiscal years, 1885 to 1887, end-
ing December 31, and 1888 to 1891, ending June 30 :

1885

J

1886

1887

1888

1889

1890

1891

if RR Operated

i 335.92
! 409.88
j 296.14
739,833
986.790
2,301,894
587.175
30,404,961
979,421
179.614,266

s

662,971

1.875.780
142.796

335.92 335.92 335.92
418.29 422.57 433.97
317.42 335.80 368.18
832.303 794.556
1.085.206 1.198.247 1.346.8*1
2.557.252 2,667,519 2.926.379
568,508 623.002 656^018
27.320.937 29.528.944 31.910.719
1,169,609 1,421,341 1,576.340
210.274-950 247-409,159 273.173-941

$ S $

626,463 740,617 780,596
2.130,765 2.493.040 2.597.191
124.943 143,894 147,988

335.92
436.04
398.69
951.290
1,509.141
3,185,984
695,258
34,283,703
1,737,060
298,910,667
S
794.399
2.672.151
189.309

335.92
437.96
414.58
1,081,040
1.700.285
3,464,032
813,852
42,666,890
1,923,306
332,873.387
S
959,119
3.122,674
227.351

335.92
444.23
430.31
1,134,806
1,840,933
3,779,905
896,255
42.324.514
2.004.41s
a>i.572,9v?

989,975
3.154,057

235.110

>f Track
Miles of Steel Rail
Pa^-fii^er Train Mileage

Freight Train Mileage
Train Mileage.
Passengers Carried
Passengers Carried one Mile
Tons Freight Moved
Tons Moved one Mile

Earnings— Passenger
Freight
Other

Total
Operatine Expenses and Taxes

. 2.681.547
. 1.710,5:55
971,012
812,000

2.882.171
1.833.579
1,048,588

834,043

3.377,551
2,116,786
1.260,765
912,000

3,525,775 3,655,859
2,362.373! 2,510,603
1,163,402 1,145,256
912,000 912,000

4,309.144
2,728,181
1,580.963
912,000
3,447
180,000
87,465
+ 458,051
12.824 83
8.119 59
4.705 24
63.31 p. c.
2.25 c.
0.92c.

4,379.142
3,024.502
1,354,640
912,000
174
160,000
100.576
+ 28i;890
13,033 16
9.00150
4,031 66
69.06 p. c.
2.34c.
0.88C.

Payments — Rental
Interest

90.000
77,359

+ 28.581
10.88053
7.472 03
3.40850
68.67 p. c.
2.32c.
0.89c.

Sinking Fund
Balance. Surplus

47,211
. + 111,800

7 980 79

56.278 63,766
+ 158,271 + 284,999
8,577 89 10.052 24
5.219 88 6,299 96
3.358 01 3.752 28
60. 86 p. c. 62. 70 p. c.
2.29C. 2.51 c.
0.99C. i 0.99C.

69.199
+ 182.203
10,493 38
7.030 87
3.462 51
67. 00 p. c.
2.45c.
0.93 c.

Operating Expense? per Mile
Net Earnings per Mile

4.811 71
3,169 08
. 60.29 p. c.
. 2.18c.
. 0.03c.

Expenses to Earnings
Average per Passenger per Mile
Average Rate per Ton per Mile

NOTE. — In the foregoing statement the dividend paid October 22, 1890, is charged against the earnings for
1890, as it was paid from them, and only the April, 1891, dividend is charged against earnings for 1891.

Dividends.— January 14, 1882, 1| per cent. ; January 13, 1883, 3 per cent.; February 28,
1889, 3 per cent. ; February 18, 1890, 4 per cent. ; October 22, 1890, 2 per cent. ; April 21, 1891.
2 per cent. Dividends payable at Treasurers office.

The share capital, $3,000,000, has been fully paid in, and together with an additional
sum of $1,631,200.14, expended in improvements of various kinds. Of the capital stock, 51
i per cent, is held by the Alabama Great Southern Ry. Co. and by the Alabama, New Orleans,
Texas and Pacific Junction Railways Company (Limited) of London, England. Through
ownership of a controlling interest in the Alabama Great Southern Ry. Co. the East Ten-
nessee, Virginia and Georgia has voting power on $1,000,000 stock of this company.

Annual meeting, third Monday in October, at Cincinnati, O. Transfer books close ten
days prior to date of payment of dividends. Stock i^ entitled to vote immediately upon acqui-
sition. Registrar of stock : Central Trust and Safe Deposit Company, Cincinnati, O.

Directors (elected October 20, 1891.— W. P. Anderson, S. M. Felton, T. T. Gaff, W. A.
Goodman, C. C. Harvey, Alex. McDonald, Cincinnati, 0. ; Calvin S. Brice, Lima, 0. ; J. H.
Inman, Samuel Thomas, New York, N. Y.

SAMUEL THOMAS, Chairman of the Board New York, N. Y.

S. M. FELTON, President Cincinnati, O.

Henry Fink. l*t Vice-President New York, N. Y.

C. C. Harvey, 2d Vice-President Cincinnati, O. '

Secretary and Treasurer-U. H. Tatem. Cincinnati. O. Comptroller— Charles H. Davis Cincinnati. O.

PRINCIPAL OFFICE AND ADDRESS Cincinnati, O.

164 POOR'S MANUAL OF RAILROADS.

CINCINNATI NORTHWESTERN RAILWAY COMPANY.

Lino of Road. — College Hill Junction to Mt. Healthy, () 6.5 miles.

Sidings, 2 miles. Gauge, 4 ft. 8i in. Rail (steel), 60 Ibs.

History. — Chartered as College Hill RR. Co. in 1874 ; road opened to College Hill,
March, 1876 ; to Mt. Healthy, November, 1877. Present name adopted in December, 1883.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 4 ; freight (coal), 4.

Operations for year ending June 30, 1891. — Train mileage and traffic operations not
reported. Earnings— passenger, $16,498.15 ; freight, $3,899.13; mail and other, $966.14—
total, $21,363.42. Operating expenses, $20,301.78. Net earnings, $1,061.64.

Financial Statement, June 30, 1891.— Capital stock, $150,000 ; funded debt, 1st mort-
gage 6 per cent, bonds, dated 1885, interest payable March and September, $30,000 — total,
$180,000. Contra: Cost of road, $150,000; equipment, $25,000; real estate, $2,000; bills
receivable, $8,275 ; cash on hand, $126.18— total, $185,401.18.

Annual meeting, first Monday in January, at Cincinnati, 0. Registrar of stock, Wm. T.
Simpson, Secretary. Interest payable at New York, N. Y.

Directors.— Robert Simpson, J. R. Davey, William T. Simpson,^J. F. Wright, F. D.
Emerson, W. W. Innes, Robert Simpson, Jr., Cincinnati, O.

R. SIMPSON, President and General Manager Cincinnati, O.

J. R. Davey, Vice-President Cincinnati, 0.

Treasurer— Henry Bohl Cincinnati, O. | Sec. and Trans. Agt.—W. T. Simpson. . .Cincinnati, 0.

General Superintendent— &~ Waters Mount Healthy, O.

PRINCIPAL OFFICE AND ADDRESS Cincinnati, O.

CINCINNATI, PORTSMOUTH AND VIRGINIA RAILROAD COMPANY.

Main Line of Road.— Idlewild, O., to Sciotoville, O 107.5

Trackage : C.,L.&N. Ry.: Cincinnati, 0., to Idlewild, 0 4.0—111.5 miles.

Sidings, 9.70 miles. Gauge, 4 ft, 8* in. Raii, iron, 40 ; steel (107.5 miles), 56 Ibs.

History. — Organized June 24, 1891, to take over the Ohio and Northwestern RR., which
was sold under foreclosure March 13, 1890.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 9. Cars — passenger, 6; baggage,
etc., 2 ; freight (box, 20 ; platform, 50 ; coal, 47 ; caboose, 4), 121 ; other, 2— total, 131.

Operations for year ending June 30, 1891. — Train mileage — passenger, 148,892; freight,
91,192 ; other, 78,082— total, 318,166 miles. Passengers carried, 127,690; carried one mile,
3,426,107; average mile rate, 2.21 cents. Tons freight moved, 182,781; moved one mile,
9,089,668 ; average ton-mile rate, 1.57 cents. Earnings — passenger, $75,752.23 ; freight,
$142,832.29; mail, $8,857.16; express, $5,640; other, $810.65— total, $234,192.33. Oper-
ating expenses — transportation, $80,823.53; motive power and cars, $21,281.08; maintenance
of way, etc., $70,837.08 ; general, $36,650.54— total, $209,592.28. Net earnings, $24,600.10'.
Payments : Taxes, $5,380 ; permanent improvements, $23,200.66— total, $28,580.66. Bal-
ance, deficit, $8,980.56. Deficit from last year, $5,073.78— total deficit, $9,054.34.

Financial Statement, June 30, 1891.— Capital stock— common, $i, 566,000; preferred,
$594,000 ; current accounts, $39,464.44— total, $2,199,464.44. Contra : Cost of road, $2,031,-
215.09; rolling stock, $128,784.91 ; other assets, $2,160; current accounts, $18,364.26; cash,
on hand, $3,885.84 ; profit and loss, $15,054.34— total, $2,199,464.44.

Preferred stock has preference up to 5 per cent., and will share equally with common in
any surplus over 5 per cent, on both classes. Annual meeting, second Wednesday of Octo-
ber, at Cincinnati, O.

The common stock was issued in exchange for old 1st mortgage bonds and interest ; the
preferred for prior liens, receiver's certificates, etc.

Directors (elected October 12, 1891).— Henry Lewis, Cincinnati, O.; Henry M. Hoyt, Jr.,
Philadelphia, Pa.; Howard C. Hollister, Cincinnati, O. ; Crawford Arnold, Philadelphia, Pa.:

POOR'S MANUAL OF RAILROADS. 165

Thomas H. White, Jr. New York, X. Y. ; J. S. L'Amereaux, Ballston Spa, N. Y., A. B.
Voorhfis. Samuel Hunt, John B. Keyes, Cincinnati, O.

SAMUEL HUNT, Pn yiffcnt and General Mminytr Cincinnati, O.

Henry M. Hoyt, Jr., Vice- President Philadelphia, Pa.

$\crrttiry(in(l 7'/v '/*»/yw— Thomas Runt. Cincinnati, O. \ A uditor— W. D. Gray Cincinnati, O.

PRINCIPAL OFFICE AND ADDRESS Cincinnati, O.

CINCINNATI, WHEELING AND NEW YORK RAILROAD COMPANY.

Line of Road. — Cumberland, 0., to Morgan Junction, 0 19 miles.

Sidings, 2.5 miles. Gauge, 4 ft. 8£ in. Rail, 56 Ibs per yard.

History.— Organized February 26, 1883 ; road opened from Senecaville to Morgan Junc-
tion November 30, 1883. The Eastern Ohio RR., from Cumberland to Point Pleasant, 7.75
miles, was purchased early in 1883. Early in 1888 the company abandoned the operation of
all of its road, except the section from Morgan Junction to Hartford, 8 miles. A receiver
was appointed about the same time.

Rollins: Stock, June 30, 1889 (latest report). — Locomotive engines, 2. Cars — passenger,
3 ; baggage, etc., 2 ; freight, 1 ; service, etc., 1 — total cars, 7.

Operations for year ending June 30, 1887 (latest reported). — Train mileage — passenger,
25,000 ; freight, 60.000 — total, 85,000 miles. Passengers carried, 4,805 ; carried one mile,
67,270 ; average mile rate, 2.74 cents. Tons freight moved, 53,150 ; one mile, 774,100 ; aver-
age ton-mile rate, 1.08 cents. Earnings — passenger, $1,846.20; freight, $8,424.50; mail and
express, $756.78; other, $219.20 — total, $11,246.68. Operating expenses, including repairing
track, paying taxes, etc., $11,246.68.

Financial Statement, June 30, 1889 (latest furnished).— Capital stock (par, $68), $372,-
432.68. Cost of road, equipment, etc., $572,482.68.

Annual meeting, first Monday in January. Registrar of stock, G. R. Atkinson (Secre-
tary], Batesville, 0.

Directors (elected January 3, 1887). — W. C. Atkinson, W. H. Atkinson, G. R. Atkinson,
W. K. Cooper, W. ^A^. Elliott, Henry Millar, H. Hastings, Nathan House, H. F. McVicker,
Batesville, O. ; T. Chappell, Barnesville, O. ; Seth Gordon, George A. Moorehead, Senecu-
ville, 0. ; W. N. Cowdeu, J. W. Wilson, Quaker City, 0. ; C. S. Schooley, Baltimore, Md.

J. W. CAMPBELL, Receiver Cambridge, O.

THOMAS R. SHARP, President New York, N. Y.

Sec. and Supt.—\V. H. Stevens Cumberland, O. | Auditor— W. G. McMahon Cambridge, O.

PRINCIPAL OFFICE AND ADDRESS Cambridge, 0.

CLARENDON AND PITTSFORD RAILWAY COMPANY.

Line of Road.— Pittsford, Vt., to West Rutland, Vt 10 miles

Sidings, 2.53 miles. Gauge, 4 ft. 8£ in. Rail (steel), 70 Iba.

History.— Chartered September 10, 1885. Road opened throughout in July, 1888.

Rolling: Stock. — Locomotive engines, 3. Cars — freight (platform). 65 ; other, 38.

Operations for year ending June 30, 181)1.— Train mileage (freight), 2,118 miles. Tons
freight moved, 64,146 ; moved one mile, 295,207. Earnings (freight), $21,795.46. Gross
expenses, $13,089.13. Net earnings, $8,706.33.

Financial Statement, June 30, 1891.— Capital stock, $6,000 ; unfunded debt, $132.957.91
—total, $138,957.91. Contra : Cost of road to date. $115,853.48; rolling stock, $23,104.43.

RAILROAD LEASED BY THE CLARENDON AND PITTSFORD RR. Co.

PITTSFORD AND RUTLAND RAILROAD.— Centre Rutland to Rutland, Vt., 2 miles. Gauge,
g m. Ruil (steeU. 72 Ibs. Built in 1890, to connect the Benniugton and Rutland and Clarendon and Pitts-
ford RRs Leased to the C . & P. RR. Co. for a term of years. Capital ?tock, $30,000. No bonds. EDMUND R.

M*, President. Proctor. Vt.; Mason S. Colburn. Vice-President, Manchester Centre, Vt. ; H. A. Harmon,
Secretary and Treasurer, Rutland, Vt. PRINCIPAL OFFICE, Rutland, Vt.

166 POOR'S MANUAL OF RAILROADS.

Board of Directors, C. & P. RE. Co., elected September 14, 1891.

F. D. Proctor Proctor, Vt. | P. C. Partridge Proctor, Vt. | Edmund R. Morse Proctor, Vt.

George Briggs Brandon, Vt. | Samuel A. Howard Rutland. Vr.

FLETCHER D. PKOCTOR, President Proctor, Vt.

Secretary and Treasurer— E. R. Morse Proctor, Vt. | General Supl.—G. C. Robinson West Rutland, Vt.

PRINCIPAL OFFICE AND ADDRESS Proctor, Vt.

CLEVELAND, AKRON AND COLUMBUS RAILWAY COMPANY (The).

Line of Road. — Hudson, O., to Columbus, 0 144.4

Dresden Branch : Killbuck to Trinway, 0 38.4—177.8 miles.

Trackage, C. & M. V. Ry. : Trinway, 6., to Zanesville, 0 16.6 miles.

Total length of lines operated June 30, 1891 194.4 miles.

Sidings, etc., 43,70 miles. Gauge, 4 ft. 9 in. Rail (steel, 183.94 miles), 56 and 68 Ibs.

History. — Organized January 1, 1886, by the purchasers at foreclosure sale, June 9, 1882,
of the Cleveland, Mt. Vernon and. Delaware RR. (See MANUAL for 1885, page 538.)

Rolling Stock, June 30, 1891. — Locomotive engines, 37. Cars — passenger, 31 ; baggage,
mail, and express, 10 ; freight (box, 601 ; platform, 159 ; stock, 69 ; coal, 903 ; caboose, 14),
1,746; other cars, 62— total cars, 1,849.

Operations for year ending June 30, 1891. — Train mileage — passenger, 371,401 ; freight,
333,864; mixed, 67,573; other, 196,346— total, 969,184 miles. Passengers carried, 573,512;
carried one mile, 11,951,850; average mile rate, 2.30 cents. Tons freight moved, 980,814;
moved one mile, 67,822,236; average ton-mile rate, 0.82 cent. Earnings — passenger, $273,-
912.64 ; freight, $555,717.49 ; mail, $15,878.61; express, $25,782.49; miscellaneous, $31,244.32
—total ($4,642.67 per mile), $902,535.55. Operating expenses— transportation, $327,954.23 ;
equipment, $106,106.56; way and structures, $162,730.19; general, $66,364.10— total ($3,411.29
per mile), $663,155.08. Net earnings (26.52 per cent.), $239,380.47. Payments : Interest on
bonds, $110.635.47; rentals, tracks, yards, and terminals, $38,220.39; of equipment, $12.-
631.22 ; taxes, $19,231.92 ; dividend (1 per cent.), $40,000 ; other. $16,384.26— total, $237,-
103.26. Surplus, $2,277.21 ; surplus forward, $65,619.53— total, $67,896.74.

Financial Statement, June 30, 189L— Capital stock, $4,000,000 ; funded debt, $2,330,000;
bridge renewal suspense account, $3,832.26 ; bills payable, $10,430 ; accrued interest, $43,-
833.33 ; current accounts, $143,795.52 ; contingent liabilities, $47,598.96 ; appropriation from
revenue for capital purposes, $45,533.95; .surplus revenue, $67,896.74 — total, $6,692,920.76.
Contra: Cost of road, $5,592,057.36 ; equipment added since organization of company, $790,-
733.64 ; real estate and buildings, $1,513.31 ; materials and fuel, $98,280.10 ; bills receivable,
$1,564.18 ; current accounts, $167,553.75 ; cash, $33,018.42 ; injuries to individuals suspense
account, $8,200— total, $6,692,920.76.

funded debt consists of $1,730,000 ($1,800,000 authorized) general mortgage 5 per cent.
$500 and $1,000 coupon 40-year bonds, due March 1, 1927, interest payable March and Sep-
tember ; and $600,000 ($890,000 authorized) equipment trust and second mortgage 6 per cent.
40-year $1,000 gold coupon bonds, due August 1, 1930, interest payable February and August.

The equipment trust and 2d mortgage bonds may be paid off at par August 1, 1900, or at
105 and interest any time thereafter before maturity. Trustee, State Trust Co., New York,
N. Y. Trustees of general mortgage, H. W. Smithers, London, Eng., and J. A. Horsey,
New York, N. Y. Coupons payable by J. A. Horsey, 17 William Street, New York, N. Y.

Annual meeting, third Thursday in March, at the company's office, Columbus, O. Trans-
fer books close ten days previous to annual meeting or to payment of dividends. Stock may
be voted after ten days' ownership. Registrar of stock, the Secretary. Dividends payable
at the company's office. Dividends are payable annually at irregular periods ; five payments
have been made to date— in 1886 and 1887, H per cent, each; in 1888 and fiscal year 1889-90,
1 per cent. each. Since the close of the fiscal year (in June, 1891) a dividend of 1 per cent,
has been paid. Capital stock and general mortgage bonds are listed on the Amsterdam Stock
Exchange ; equipment trust and 2d mortgage bonds, on the New York Stock Exchange.

POORS MANUAL OF RAILROADS.

167

Statement of mileage, operations, and capital account for seven fiscal years :

1885
i Dec. 31.

1886

Dec. 31.

1887

Dec. 31.

1888

;Dec. 31.

1889

June 30.

(6 m'uths)

1890

Jane 30.

1891
June 30.

i lailroad Operated

143.85

378,582
2U»,635

144.40
397.344
203,774

144.40
385.9S3
222,636

144.40
399,079
258,628

193.85
194.436
164,980

194.40
399,423
363,901

194.40
371,401
383,864

rer Train Miles

Freight Train Miles

Total Train Miles

579.217
326,515
7,990,622
362.539
22,866,780

477,822

405,889

601,118
365,622
9,502,251
419,811
26,736,261

542,915
412.383

608,619
398,404
9,927,780
514,651
31,556,532

609,580

458,428

657,707
468.583
13,306,932
546,435
39,188,222

669,595
529,151

436,403

178.610
4,169.650
384,124
26,396,878

346,124
273,947

946,382
482,807

10.S56.411
819,454
59,914,183

797,890
584,546

969,184
573,512
11,951,850
980.H14
67,822,236

902,535
663,155

.:<T> Carried
Passenger Miles
Freight (tons) Moved

Freight (toni Miles

Gross Earnings
Opentin" Expenses

Net Earnings

71,433

130,532
36,000
19.561
(1J) 60,000
1,267
13,704
3,759 80
2,855 84
903 96
75. 96 p. c.
2.18c.
1.03c

151,102
36,417
19,944
(U) 60,000
28,354
6,387
4,221 12
3,174 71
1.046 41
75.21 p. c.
2.24C.
1.04c.

144.40
167.65
130.00
26
29
803

$ •

4,000,000
1,350,000

178.5S8
24,8-20

140,444
63,711
30,071
(1) 40,000
11,884
5.078
3,759 80
2,855 84
903 96
79. 03 p. c.
1.93c.
0.89C.

72,177
42,977
18,511

213,344
87.564
53,551

239,380
110,635
50,852
(1) 40.0CO
35,616
2,277
4,642 67
3,411 29
1.231 38
73. 48 p. c.
2.30C.
0.82c.

Kentals

Other Payments

4,830
5.859
1.785 53
1,413 19
372 34
79. 15 p. c.
2.59C.
0.78c.

17.547
54,682
4,104 37
3,006 92
1,097 45
73.26 p. c.
2.36C.
0.80 c.

B'llmce Surplus

learnings per Mile
Expenses per Mile
Net Earnings per Mile

3,318 19
2,821 61
496 58
85. 03 p. c.
2.65C.
1.02c.

Fxpenses to Earnings

Average Rate per Passenger per Mile. .
Average Rate per Ton per Mile

Miles Railroad Owned

143.85
167.10
90.80
24
29
826

4,000,000
600,000

144.40
167.65
102.00
24
23
782

4,000,000
600,000
122,796

177.80
210.52
172.80
31
42
820

4000,000
1,541.000
177.187
24,320
45,078

177.25
212.66
177.25
31
40
771

4,000,000
1,691,000
168,889

44,469
10.937

177.80
218.13
177.80
34
42
738

4,000,000
1,730,000
188,973
46,194
65,619

177.80
221.50
183.94
37
41
1,808

4,000,000
2,330.000
249,490
45.534
67,897

Miles of Track

Miles Steel Rail

Locomotives
Passenger and Baggage Cars
Freight and Other Cars

Capital Stock

Funded Debt ...

Bills and Accounts

Other Liabilities

Profit and Loss

13,704

10,301

Total Liabilities

4,600,000
4.600,000

4,736,500
4,600,000

5,563,209
5,330,702

5,787,585 5,900,145' 6,030,786) 6,692,921
5,661,151! 5,690,089 5,758.321 6.382,791
12,831 13,036 2y.51» 1,513
42,001 : 83,051 61,017 98,280
67.998 84,202 140,918 177,318
3,604 29,767 41,01 li 33,019

Road and Equipment
Real Estate

Materials
Bills, Accounts, and Asset-

29,413

97,582
9.505

61,712
148,597
22,197

Cash . .

Total Assets

4,600,000

4,736,500

5,563,209

5,787,585

5,900,145

6,030,786; 6,692,921

Directors (elected March 19, 1891).— N. Monsarrat, Columbus, O. ; Ex. Norton, W. G.
Raoul, J. A. Horsey, New York. N. Y. ; Jarvis M. Adams, Reuben F. Smith, Cleveland, O. ;
George T. Perkins, Akron, O.

N. MONSARRAT, President, Gen. Manager, and Purch. Agent. .Columbus, O.

J. A. Horsey, Vice- President New York, N. Y.

Secretary & Treasurer— A. W. Dunning.. Columbus, O. | Gen. Supt. & Chief Eng.— J. Harrington. Columbus, 0.

PRINCIPAL AND TRANSFER OFFICES Columbus. O.

CLEVELAND AND CANTON EAILWAY COMPANY.

Main Line of Roa.1.— Cleveland, 0., to Coshocton, O 115.13 miles.

Sherrodsvttle Branch : Canton. O., to Sherrodsville, 0 42.79

Minerva Branch : Oneida, O.. to Minerva, 0 2.70— 45.49 miles.

( Waynesburg and Canton JR,R. : Canton to Marks. O 6.36 miles.

Operated : - Coshocton and Southern RR. : Coshocton TO Zanesville 29.47 miles.

( Cleveland, Chagrin Fall* and Northern RR 8.00 miles.

Total length of lines built and in operation June 30, 1891 204.45 miles.

Sidings (owned, 28.22 : leased, 5.15), 33.37 miles. Gauge, 4 ft. 8f in. Rail (steel), 60 Ibs.

History. — Reorganization, after foreclosure sale. May 9, 1885, of the Connotton Valley
Ry. Co. (See MANUAL for 1885, page 543.)

168

POOR'S MANUAL — CLEVELAND AND CANTON BY. CO.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 81. Cars — passenger, and baggage,
mail, and express, 2£ ; freight (box, 85 ; platform. 103 ; stock, 10 ; coal, 1,137 ; caboose, 13),
1,348 ; other cars, 59— total cars, 1,436. Of this equipment, 14 locomotives, 14 passenger,
etc., 24 platform, 420 coal, and 1 other car were acquired through car trusts.

Operations for year ending June 30, 1891.— Train mileage — passenger, 395,464 ; freight,
252,309 ; mixed and other, 73,815— total, 721,588 milss. Passengers carried, 5'32,867 ; car-
ried one mile, 7,828,149 ; average mile rate, 2.24 cents.. Tons freight moved, 695,404 ; moved
one mile, 45,112,836 ; average ton-mile rate, 1.01 cents.

Expanses. — Transportation $236,219 18

Motive Power 70,922 16

Maintenance of Cars (

Maintenance Way & Bldgs. ( ' '
General. . .

Earnings. -Passenger $174,379 11

Freight 445,945 34

Mail 13,332 72

Express 11,875 00

Miscellaneous 3,188 80

68,543 84
39,345 62

Total (S3, 172. 98 per mile) $648,715 97 . Total ($2,029.98 per mile) $415,030 80

Net earnings (37.50 per cent.), $233,685.17. Add interest on bills receivable, $11,951.92
—total, $245,637.09. Payments : Interest on bonds, $136,512.72 ; on debt, $27,536.67 ;
rentals (Coshocton and Southern RR., $16,110.45; C., C. F. & Northern RR., $5,142.30;
Waynesburg and Canton RR,, $10,125/20), $31,377.95 ; taxes, $17,749.60— total, $213,176.94.
Surplus, $32,460.15. Surplus from last, year, $5,047— total surplus, $37,507.15.

General Balance Sheet, June 30, 1891.

Cost of Road

Cost of Rolling Stock

Real Estate and Buildings

Coshocton and Southern RR

Sinking Fund

Stocks and Bonds

Materials and Fuel on Hand

Bills Receivable

Current Accounts

Cash on Hand . .

$13,068,167 23
734,434 11
175,000 00
213,333 29

15,000 00
461,165 94

26,798 32
179,0:31 98

34,299 63
2,503 53

Total Assets . .

$14,909,734

Common Stock (par, $100) and Scrip.
Preferred Stock (par, $100) and Scrip

Funded Debt Outstanding

Bills Payable

Current Accounts

Other Liabilities

Car Trusts

Profit and Loss

$3,099,599 00

7,893,758 00

2,842,400 00

653,162 97

88,850 91

104,295 26

190,160 74

37,507 15

Total Liabilities..

...$14,909,734 03

Funded debt ($2,842,400), consisted June 30, 1891, of—

1st mortgage 5 per cent. 30-year bonds, due July 1, 1917, interest January and July $2,000,000

Equipment Trust and Improvement 5 per cent. 26-year Bonds, due July 1, 1917, interest April <to Oct. . . 727,000

5 per cent. 5-year coupon notes, due July 1, 1891, interest January and July 400

6 per cent. 5-year cognovit notes, due September 1, 1894, interest September and March 10,00o

Real Estate in Cleveland 105,000

The first mortgage bonds are authorized at the rate of $12,500 per mile, and are secured
on the read and property. They were issued to provide means for changing the gauge and
relaying the road with new 60 Ib. steel rail. Interest payable in New York, at the office of
the Knickerbocker Trust Co. ; in Boston, at the International Trust Co. Trustee, International
Trust Co., Boston, Mass. Listed on the New York Stock Exchange.

The second mortgage equipment trust and improvement bonds were issued in 1891.
They are a first lien on new equipment and a second lien on the road. Authorized amount,
$2,000,000, of which $1,000,000 have been issued for the retirement of certain outstanding
equipment liens for the purchase of new rolling stock, etc.

Preferred stock is entitled to dividends up to 6 per cent, before common stock can par-
ticipate. Voting power attaches to stock immediately upon acquisition. Annual meeting,
second Wednesday in May, at Canton, O. ; books close ten days previously.

RAILROADS OPERATED BY THE CLEVELAND AND CANTON RY. Co.

CLEVELAND, CHAGRIN FALLS AND NORTHERN RAILROAD.-Chagrin Fulls to

Solon, 8 miles. Sidings, 0.42 mile. Rail, 60 Ibs. Chartered August 3, 1888 ; road opened July 1, 1890. Leased
April 1, 1889, to the Cleveland and Canton RR. Co., at 33J per cent, of gross earnings. Capital stock, $400,000 ;
funded debt (1st mortgage 5 per cent. 40-year bonds, due April 1, 1929, interest April and October), $200,000— total,
$600,000. Contra: Cost of road, etc., $540,131.26 ; others assets, $59,868.74— total, $600,000. J. W. WARDWBI,L,
President, Cleveland, O. ; Charles H. Blood, Secretary and Treasurer, Boston, Mass. PRINCIPAL OFFICE AND
ADDRESS, Cleveland, O.

COSHOCTON AND SOUTHERN.— Line of Road: Coshocton to Zanesville,O.,29. 47 miles. Sidings,

POOR'S A1ANUAL OF RAILROADS. 169

2.98 miles. Rail (steel). 60 lh*. Opened Jnne 17, 1889. Net income. 1889-90, $10,880.21. Paid interest, $27,315 ;
other payments. $2%. Mi- total. $27.«71.f.«. Deficit. S16.7-Jl.45. Capital stock, $600,000 ; funded debt (8600.000
first mortgage 5 per cent. 30-year bonds, due 1917, interest payable January and July at the International Trust
$11.000 6 per cent. $1,000 coupon cognovit notes, due April 1, 1894, interest April and Octo-
ber) $611,000; bills payable. $15,000: C. & C. RR. Co., balance of account. $164,031.98— total, $1,390,031 98.
Contra: Cost of road. "$1,335.230. 73 ; cash assets, $38,009.80; profit and loss, $16.791.45— total, $1,390,031.98.
'The bonds were subscribed for by the stockholders of the Cleveland and Canton Ry. Co. (See MANTAL for 1889,
page 404.) Annual meeting, second Thursday in May: books close ten days previously. J. W. CASSINGHAM,
President, Coshocton, O. ; Chas. H. Blood, Secretary tuid 7>>//.«7/ /•<•/•, Boston. M;i.--.

WAYNESBTJRGrH AND CANTON RAILROAD.-Canton, O., to Marks, O.. 6.36 miles. Rail

Trustee, International Trust Co., Boston, Mass. Principal and interest guaranteed by lessee. JOHN W. WARD-
WELL. President ; C. II. Blood. Stcri-fary and Treasurer. CORPORATE OFFICE, Canton, O.

Board of Directors, C. & C. Ry. Co., elected 31 ay 13, 1891.

Wm. J.Rotch..Ne\v Bedford. Mass. H. A. Blood Boston. Ma>s. Win. O. Chapman... Boston, Mass

A.S.Emery Cleveland. O. William Edwards.. . .Cleveland, O. Edw. 8. Flint Cleveland, O.

Henry C. Ranney " " Seth T. Paine •• Isaac H. Taylor Carrol If on, O

A. C. Barstow, Jr. .Providence. R. I. F. W. Hopkins . . .New York. X. Y. H. S. Belden Canton, O.

W. Rotch Boston. Mass. George N. Smalley Boston, Mass. Isaac X. Pennock Minerva, O .

H. A. BLOOD, President and General Manager Boston, Mas?.

W. O. Chapman, 1st Vice-President. Treat., and Sec Boston. Mass.

A. C. Barstow, Jr., 2d Vice-Preside nt Providence, R. I.

Auditor— Augustus Thierry Canton, O. 1 General Supt.—J. W. Wardwell Cleveland, O.

PRINCIPAL OFFICE AND ADDRESS Canton. O.

Transfer Office 8 Congress St. , Boston,

CLEVELAND AND MARIETTA RAILWAY COMPANY.

Main Line of Road.— Marietta, O., to Canal Dover, 0 97.0

Trackage : C. & P. RR. .Canal Dover to Zoar 7.7—104.7 miles.

Sidings, 22.80 miles. Gauge. 4 ft. Si in. Rail (steel, 97 miles), 56 Ibs.

History.— Reorganization in July, 1886, of the C. & M. RR. Co. (See MANUAL for 1888.)

Rolling1 Stock, June 30, 1891. — Locomotive engines, 17. Cars — passenger, 6 ; baggage,
mail, and express, 5 ; freight (box, 8 ; platform, 24 ; stock, 26 ; coal, 818 ; cahoose, 4), 880 ;
service cars, 14 — total cars, 905. Of the foregoing, 2 locomotives, 2 baggage, mail, and
express cars, 8 box, 25 stock, 590 coal, and 4 caboose cars were acquired through car trust.

Operations for year ending June 30, 1891. — Train mileage — passenger, 147,103 ; freight.
318,990 ; other, 127,147 — total, 593,240 miles. Passengers carried, 157,587 ; carried one mile,
2,930,737 ; average mile rate, 2.74 cents. Tons freight moved, 760,060 ; moved one mile,
28,041,572 ; average ton-mile rate, 0.95 cent. Earnings— passenger, $80,305.09 : freight,
$266.187.54 ; mail, $8,035.18 ; express, $3,727.76 ; miscellaneous, $925. 22— total ($3,430.57
per mile), $359,180. 79. Operating expenses ($2,446.89 per mile), $2,56,189.40. Net earnings
(28.69 per cent.), $102;991.39. Add receipts from rentals leased roads, $503.58 ; other
receipts, $2,134.26— total available revenue, $105,629.23. Payments : Interest on bonds,
$35,220; interest on debt, $11,311.04; other payments, $16,475.17— total, $63,006.21. Bal-
ance, surplus, $42,623.02. Surplus from last year, $30,670.30— total, $73,293.30.

General Balance Sheet, June 30, 1891.

Cost of Road $2.136.214 66*'{Capital Stock $2,000,000 00

Cost of Rolling Stock 494.740 60 JFnnded Debt Outstanding 587,000 00

Materials and Fuel on Hand 16.73913 '. Current Accounts 83,67796

Other Property and Assets 146,040 00 Car Trust Obligations 146,040 00

Current Accounts and Cash 76,276 89 ; Profit and Loss 73,293 32

Total Assets $2,890,01 Total Liabilities $2,890,011 ^

Funded debt consists of 1st mortgage 6 per cent. 50-year coupon $1,000 bonds, due Aug-
ust 1, 1937 ; interest payable February and August, at the New York agency.

Annual meeting, first Monday in January, at Cambridge, O. Trustee of bonds ano
legistrar of stock, Metropolitan Trust Co., New York City.

170 POOK'S MANUAL OF RAILROADS.

Directors. — Thomas De Witt Cuyler, Philadelphia, Pa. ; G. H. Candee, New York, N. Y.
A. T. Wikoff, Cambridge, 0. ; George K. Nash, Columbus, O. ; A. J. Warner, Marietta, 0.

A. T. WIKOFF, President and General Manager Cambridge, O.

Thos. De Witt Cuyler, Vice- President Philadelphia, Pa.

Secretary and Treas.—G. H. Candee. .New York, N.Y. | And. andPurch. Agt.—C. C. Pickering. .Cambridge, O.

PKINCIPAL OFFICE AND ADDRESS*. Cambridge, 0.

Transfer Office 52 William St., New York, N. Y.

CLEVELAND, CINCINNATI, CHICAGO AND ST. LOUIS RY. CO.

Lines Owned, Leased, and Operated :

Cleveland, O., to Columbus, 0 138.00 miles.

Delaware to Springfield, 0 49.80 miles.

Gallon, 0., to Indianapolis, Ind 203.20 miles.

Cincinnati, O., to Lafayette, Ind 174.80

Lawrenceburg Junction to Lawrenceburg, Ind 2.61 — 177.41 miles.

Indianapolis, Ind., to Terre Haute, Ind 72.00 miles.

Terre Haute, Ind. , to East St. Louis, 111 189.90

Wann, 111., to Alton, 111 4.30— 194.20 miles.

Templeton. Ind., to Kankakee, 111 56.30 miles.

Cairo, 111., to Tilton, 111 259.10

St. Francisville 111., to Vincennes, Ind 7.90— 267.00 milep.

Springfield, 0., t> Ludlow Grove, O 71.39 miles.

Sandusky, O., to Springfield, 0 130.91

Springfield, O., to Columbus, 0 ; 45.00

Carey, O., to Findlay, O 15.51— 191.42 miles.

Harrison, O., to H;>gerstown, Ind 62.40 miles.

Harrison Branch Railroad (see page 1 75) 7.70 miles.

Vernon, Greensburg and Rushmlle Railroad (see GENERAL INDEX) 45.10 miles.

Columbus, Hope and Greensburg Railroad (see page 175) 26.50 miles.

Fairland, Franklin and Martinsville Railroad (see page 175) 37.50 miles.

Cincinnati and Southern Ohio River Railway . 3.69 miles.

L. K & Western RR. : Lafayette to Templeton, Ind. (trackage) 18.50 miles.

Wabash Ry. : Tilton to Danville Junction, 111. (trackage) 3.00 miles.

B. & 0. Southwestern : Ludlow Grove to Cincinnati, 0. (trackage) 6.^3 miles.

P.,C., C. & St. L. Ry. : Through Dayton, O. (trackage) 1.25 miles.

Total mileage owned, leased, and operated as C., C., C. & St. L. Ry 1,632.59 miles.

Average mileage operated during the year 1,532.29 miles.

2d track, 35.12 ; sidings, 435.66 miles. Gauge, 4 ft. 8£ in. Rail (mostly steel), 67 Ibs.

The company also operates the following lines under terms stated below:
Kankakee & Seneca RE. : Kankakee to Seneca, 111. (joint ownership). 42.08
Dayton & Union RR.: Day ton, O., to Union City, Ind. (joint ownership) 46.69 — 88.77 miles.

Cincinnati, Wabash and Michigan Railway (owned) 206 . 30 miles.

Mt. Gilead Short Line : Mt. Gilead to Edison, O. (leased) 2.00

Peoria & Eastern Ry. : Springfield, 0., toPekin, 111. (leased). 341. 43

Peoria & Pekin Union : Pekin to Peoria, III. (trackage) 9.02—350.45— 352.45 miles.

Trackage : Illinois Central RR. : Kankakee to Chicago, 111 56.00 miles.

Total length of all lines owned, leased, and operated 2,336.11 miles.

History. — Consolidation, June 27, 1889, of the Cincinnati, Indianapolis, St. Louis and
Chicago, the Cleveland, Columbus, Cincinnati and Indianapolis, and the Indianapolis and St.
Louis Ry. Cos. (See MANUALS for 1889 and 1890.) On November 1, 1890, the company
acquired the Cincinnati, Sandusky and Cleveland, and the Columbus, Springfield and
Cincinnati Ry. Cos., whone railroads together formed a line from Sandusky, O., ma Spring-
field to Columbus, with a branch from Carey to Findlay, O., in all 191.42 miles. During th««
^ame year the company also absorbed the Cairo, Vincennes and Chicago Line, 267 miles ; the
St. Louis, Alton and Terre Haute RR., 194.20 miles ; the Cincinnati, Lafayette and Chicago
RR., 56.30 miles; the White Water RR., 62.4 miles; and the Cincinnati and Springfield Ry ,
48.04 miles.

On November 1, 1890, the company also purchased the entire capital stock of the ('in
cinnati, Wabash and Michigan Ry. Co., paying for it by an issue of $4,000,000 4 per cent.

171

172 POOR'S MANUAL — CLEVELAND, CINCINNATI, CHICAGO & ST. LOUIS RY. CO.

bonds. The Cincinnati, Wabash and Michigan extends from Rushville, Ind., to Benton
Harbor and St. Joseph, Mich., 206.3 miles. It is operated independently ; and the Vernon,
Greensburg and Rushville RR., from Vernon to Rushville, Ind., 45.10 miles, formerly oper-
ated by this company, is now operated in connection with it, having been dropped by the
C., C., C. & St. L. Ry. Co. on May 1, 1891. (See MANUAL for 1891.)

The Kaukakee and Seneca, the Dayton and Union, the Mount Qilead Short Line, and the
Peoria and Eastern are also operated independently. (See statements for those companies.)

The Il.iuois Central RR. Co. takes this company's trains from Kankakee into Chicago,
over the Illinois Central RR., and receives a percentage of the business in payment therefor.

Rolling Stock, June 30, 1891.— Locomotive engines, 463. Cars— passenger, 284 ; bag-
gage and postal, 116 ; dining and cafe, 7 ; parlor, pay, and officers', 29 ; freight (box, 12,783 ;
stock, 1,136 ; coal and flat, 5,601 ; refrigerator, 273 ; caboose, 220; special, 108), 20,121 — total
cars, 20,557.

Operations for year ending June 30, 1891. — Train mileage — passenger, 4.128,164;
freight, 5,662,218 ; mixed, 115,535 ; other, 3,849,120— total, 13,755,037 miles. Passengers
carried, 4,975,023 ; carried one mile, 162,342,125 ; average mile rate, 2.25 cents. Tons of
freight moved, 7,801,377 ; moved one mile, 1,221,509,961 ; average ton-mile rate, 0.68 cent.

Earnings.— Passenger $3,649,504 92

Freight 8,33v',130 37

Mail and Express 630,892 59

Trackage 271,088 13

Expenses.— Way and Structures $1,591,126 45

Locomotives and Cars 1,533,661 52

Transportation 5,045,244 04

General 636,841 64

Total ($8,238.27 per mile) $12,888,616 01 Total ($5,629.27 per mile) $8,806,873 65

Net earnings (31.67 per cent.), $4,081,742.36. Other receipts : Rents, $245,822.73 ; in-
terest and dividends, $38,876.57; miscellaneous, $44,061.84— total, $328,761.14. Available
revenue, $4,410,503.50. Payments : Interest on bonds, $2,123,302.89 ; taxes, $380,337.86 ;
rentals, $476,187.58 ; interest and exchange, $10,792.21 ; dividends (5 per cent, on preferred
stock and 3 percent, on common stock), $1,318,321.78— total, $4,308,942.32. Balance, sur-
plus, $101,561.18. Add surplus from last year, $633,717.40 — total surplus, as per balance
sheet, $735,278.58.

General Balance Sheet, June 30, 1891.

Cost of Road and Equipment $75,194,110 35

Big Four Grain Elevator 215,757 86

Stocks and Bonds Owned 6,433,038 27

Materials and Fuel on Hand 56?,652 60

Other Property and Assets 7,234,000 58

Bills and Accounts Receivable 697,848 43

Station Agents and U. S. Government . . 260,126 90

Cash on Hand and in Banks 799,308 06

Total Assets $91,396,843 05

Common Stock (par $100) $27,247,305 00

Preferred Stock (par $100)

C. S. & C. Preferred Stock and Scrip

Funded Debt Outstanding

Bills Payable

Current Accounts

Other Liabilities

Profit and Loss. . .

10,000,000 00

4-28,997 45

48,159,980 00

2,287,944 44

2,067,337 58

470,000 00

735,278 58

Total Liabilities.

. 396.843 05

funded debt ($48,159,980) consisted June 30, 1891, of—

(1) 1st mtge. (C. & I. RR.) 7 per cent. 30-year bonds, due 1892, interest June and December ........ ..

(2) 2d mtge. (C. & I RR.) 7 per cent, 25-year bonds, due 1892, interest January and July

Funded coupons (1., C. & L. RR.) 7 per cent., dated 1873, due 1890, int. payable January a d July.

(3) Mortgage (I. C. & L. RR.) 7 per cent. 30-year bonds, due 1897, interest February and Aiisrnst ......

(4) 1st mtge. (C., I., St. L. & C. Ry.) 6 percent. 40-year bonds, due 1920. interest May and November

(5) Gen. 1st mtge. (C., I., St. L. & C. Ry.) 4 p.c. 50-year bonds, due I'.ttti, int. Feb., May, Aug. &, Nov

(6) Mtge. (B. & I. RR.) 7 per cent. $1,000 bonds, dated 1864. due 1892-1899, interest Jan. and July

(7) 1st mtge. (C., C., C. & I. Ry.) s. f. 7 p. c. 30-year bonds, due 1899, interest May and November

(8) 1st consol. mtge. (C., C.. C. & I. Ry.) 7 p. c. 40-year gold bonds, due 1914, int. June & December

(9) Gen. consol. Mtge. (C., C., C. & I. Ry.) 6 p. c. 50-year gold bonds, due 1934, int. Jan. and July

(10) 1st mtge. (I. &St. L. Ry.)7 p.c. 50-y. b'ds, due 1919,int, Jan. & July, Mar. & Sept. & May it Nov ..

(11) 1st. mtge. (I. & St. L. RR.) 6 per cent. 30-year bonds, due 1912, interest May and November

(12) 1st mtge. (Cairo Div.) 4 per cent. 50-year bonds, due January 1. 1939, interest January and July

(13) 1st mtge. ^Spgfld. & Col. Divs.) 4 p. c. 50-year bonds, due Sept. 1, 1940, int. March and Sept

(14) 1st mtge. (S., D. & C. RR.) 6 per cent. 49 year bonds, due Feb. 1, 1900, int. Feb. and August

(15) 1st consol. mtge. (C., S. & C. RR.) 5 per cent. 40-year bonds, due Jan. 1, 1928. int. Jan. and July

(16) 1st mtge. (C. & S. Ry.) 7 per cent. 31-year bonds, due April 1, 1901, interest April and October

(17) 2d mtge. (C. & S. Ry.) 7 per cent. 30-year bonds, due January 1, 1902, int. January and July
1st mtge. (C., L. & C. RR.) 7 per cent. 30-year bonds, due September 1, 1901. int. March & Sept

(18)

(19) Mtge. (W., W. V. Div.) 4 per cent. 50-year bonds, din- July 1, 1940, int. January and July

(20) 1st Coll. Trust mtge. (St. L. Div.) 4 p. c. 100-year bond*, due Nov. 1, 1990. inr. May and Nov

(21) Mtee. (C., W. & M. Div.) 4 p. c. 100-year bonds, due July 1, 1991, int.Manuary and July
Old bonds unredeemed, 7 per cent

. $294,000
689,000
.

379,000
753,000

6,82
173,000

3.0.'

4,or,

3,2

2,oi>
500,000

5,000,000

1,099,380
123,000

2,483,000

2,000,000

125,000

794,000

650,000

10,000,000

4,000,000
2,500

POOR'S MANUAL — CLEVELAND, CINCINNATI, CHICAGO & ST. LOUIS RY. CO. 173

The Cinfinnnti and Indiana bonds are secured in the order of their priority on the line
from Cincinnati to the Indiana State line, 20.5 miles. They are coupon bonds, for $1,000
each— firsts dated December 1. 1862, due December 1, 1892 ; seconds dated January 1, 1867,
due January 1, 1892.

The litdianapolix, Cincinnati and Lafayette, bonds are secured on the line from Law-
renceburg to Lafayette, Ind., 154.30 miles. They are $1,000 coupon bonds, dated February
1, 1S67, and due February 1, 1897.

The first consolidated mortgage bonds of the Cincinnati, Indianapolis, tit. Louis and
Chicago are secured on the line from Cincinnati, O., to Lafayette, Ind., 174.90 miles, sub-
ject to the liens of the C. & I. and the I. C. and L. bonds. The bonds are dated March 8,
1880, due May 1, 1920. Trustee?. Hervey Bates, Indianapolis, Ind., and George T. Bliss,
New York.

Ihe general first mortgage bonds of the (7., /., &. L. and C. are secured on the line from

Cincinnati, O., to Lafayette, Ind., 174.80 miles, subject to the liens of the first consols and

the C. and I. and the I., C. & L. bonds, for the retirement of all which a sufficient amount of

these bonds are held in trust. As additional security the company has deposited in trust the

securities of the Vernon, Greensburg and Rushville, the Columbus, Hope and Greensburg,

the Fairland, Franklin and Martinsville, the Harrison Branch, the Lawrenceburg Branch,

and the Kankakee and Seneca RRs. owned by it, and also the 100-year contract for the use of

, the Illinois Central tracks from Kankakee to Chicago. The bonds are dated August 2, 1886,

; due August 1, 1926. They are in coupon or registered form — coupon $1,000 each, and regis-

! tered $1,000, $5,000, or $10,000. Coupon bonds are exchangeable for registered bonds at the

i office of the Central Trust Co. Trustees, Central Trust Co. of New York, and Hervey Bates

of Indianapolis.

The Bellefontaine and Indiana bonds are secured on the line from Galiou, O., to the
Indiana State line, 119 miles. Part of the issue is due yearly to 1899. The bonds are for
$1,000 each.

The C., C., C. and L 1st mortgage sinking fund bonds are for $1,000 each, and are pay-
able May 1, 1899. They are secured on the lines from Cleveland to Columbus, 138 miles ;
from Delaware to Springfield, 50 miles ; from Indianapolis to Union City (State line), 84
miles ; and (subject to the lien of the B. & I. bonds) from Union City to Galion, O., 119 miles:
a total of 391 miles.

The C., C., C. and L 1st consols are dated June 1, 1874, due June 1, 1914. They have
the same security, but are subject to the lien of the 1st mortgage sinking fund bonds of 1899.
They are coupon bonds for $1,000 or £200 each. The bonds are payable in London or Xew
York by the operation of a sinking fund of 1 per cent, applied to annual drawings in March,
but the bonds may be freed of the sinking fund provision on presentation at the United
States Trust Co., Xew York, or at ttefe office of J. S. Morgan & Co., London. Interest is pay-
able at the rate of 7 per cent, in New York or 6 per cent, sterling in London, at the option of
the holder. Trustees, Henry F. Vail and Charles E. Tracy.

The general consolidated inortgage bonds of the C., C., C. and 1. Ry. are subject in lien
to the sinking fund bonds of 1899, and the 1st consols of 1914 on the 391 miles of road above
described. The authorized issue is $12,000,000, and a sufficient number of the bonds are held
in trust for the retirement of the B. and I. bonds, the sinking fund bonds of 1899, and the
consols of 1914. They are coupon or registered bonds for $1,000 gold each, coupon bonds
exchangeable into registered bonds in sums of $1,000 or multiples thereof. Principal due
January 1, 1934. Trustee, United States Trust Co., New York.

The Indianapolis and St. Louis bonds are secured in the order of their priority on the
line from Indianapolis to Terre Haute, Ind., 72 miles. The firsts were issued in 1869, and are
p iyable July 1, 1919. They are in three series— Series A, $667,000, interest payable January
and July; Series B, $667,000, interest payable March and September; Series C, $666,000,
interest payable May and November. The seconds ($2,000,000 authorized) were issued in 1882^

174 POOR'S MANUAL — CLEVELAND, CINCINNATI, CHICAGO & ST. LOUIS RY. CO.

and are payable November 1, 1912. These are gold bonds. Both issues are in coupon form
for $1,000 each. Trustee, United States Trust Co., New York.

The Cairo Division bonds are secured on the line from Cairo TO Tilton, 111., 259 miles,
and branch from St. Francisville, 111., to Vincennes, Ind., 8 miles. They were issued, as to
$3,857,000, dollar for dollar, for the old 5 per cent, bonds of the Cairo and Vincennes. The
bonds are dated January 1, 1890, and mature January 1, 1939. They are tor $1,000 gold each,
and are coupon with privilege of registration. Trustee, Central Trust Co. of New York.

The Springfield Division bonds are secured on the line from Columbus to Springfield, 0.,
45 miles. The authorized issue is $1,250,000, and $1,200,000 of them were set aside to retire
$1,000,000 7 per cent, bonds and $89,530 scrip of the Columbus, Springfield and Cincinnati
RR. Nos. 1 to 1,200 are for $1,000 each ; Nos. 1,201 to 1,300, $500 each. Trustee, Central
Trust Co. of New York.

The White Water Valley Division bonds are secured by purchase money mortgage on the
line from Harrison, O., to Hagerstown, Ind., 62.40 miles. They are $1,000 gold coupon
bonds, with provision for registration of principal. Trustees, Central Trust Co. of New York
and J. Alfred Barnard.

The St. Louis Division 1st collateral trust mortgage bonds are for $1,000 each, coupon or
registered. Coupon bonds are exchangeable for registered bonds in sums of $1,000 or mul-
tiples thereof. The St. Louis, Alton and Terre Haute RR. Co. on November 1, 1890, sold its
railroad from Terre Haute, Ind., to East St. Louis and Alton, 111., 194.20 miles, to the Cairo,
Vincennes and Chicago Ry. Co., receiving therefor a 4 per cent. 100-year purchase money
bond of C., V. & C. Co. for $10,000,000. This bond was assigned to the C., C., C. and St. L.
Ry. Co., and the collateral tru^t mortgage bonds issued in place of it, the C., V. & C. bond being
deposited in trust as collateral security for the new issue. Of these new bonds $2,750,000
were delivered to the St. L., A. & T. H. RR. Co., and $6,710,000 deposited with the United
States Trust Co. to provide for the bonds of the St. L. , A. & T. H., of which there were out-
standing $6,700.000, less about $1,260,000 bonds and cash in the sinking fund. After all the
bonds of the St. L , A. and T. H. are retired, anyx surplus of collateral trust bonds or cash
goes to that company. As additional security for bonds of the Terre Haute Co., $290,000 of
the new bonds are deposited with the United States Trust Co., and the remaining $250,000
are deposited with the Central Trust Co. to be held as a sinking fund, and interest on them
applied to purchase of bonds at 105 and interest. All bond* so purchased go to increase the
sinking fund. The bonds cannot be compulsorily drawn before maturity, and if bonds can-
not be bought at the specified price within 60 days, the interest on the bonds in sinking fund
goes to the C., C., C. & St. L. Ry. Co.

The Sandusky, Dayton and Cincinnati bonds are secured on the line from Sandusky to
Dayton, 0., and the branch from Carey to Findlay, together 169.76 miles. They are $1,000
coupon bonds, and are drawn yearly at 100. Interest payable at the National Revere Bank.
Boston. Principal payable at the American Exchange National Bank, New York. Trus;
David A. Neal, Samuel Henshaw, Daniel S. Miller.

The Cincinnati, Sandusky and Cleveland consols are secured on the same property, but
are subject in lien to the S., D. & C. bonds. They are $1,000 coupon bonds, interest payable
in Boston and New York. Principal payable in Boston. Trustee, American Loan and Trust;
Co., Boston.

The Cincinnati and Springfield bonds are secured in the order of their priority on the
line from Ludlow Grove (6.23 miles from Cincinnati) to Dayton, O., 48.04 miles. They are
$1,000 coupon bonds. Interest on the firsts is guaranteed one-half by the Lake Shore and
Michigan Southern Ry. Co. Trustees, 1st mortgage, Union Trust Co. , New York ; 2d mort-
gage, Oscar Townsend, Cleveland, O.

The Cincinnati, Lafayette and Chicago bonds are secured on the line from Templeton,
Ind., to Kankakee, 111., 56.74 mile*. They are $1,000 gold coupon bonds.

The Cincinnati, Wabash and Michigan Division bonds were issued under a joint nmrt-

POOR'S MANUAL — CLEVELAND, CINCINNATI, CHICAGO & ST. LOUIS SYSTEM. 175

.iven by the C., C., C. & St. I., and the C., W. & M. Ry. C'os., and are secured on the
line of the latter company from Rushville, Ind., to Benton Harbor and St. Joseph, Mich.,
106.3 miles. They are $1,000 gold coupon bonds, with privilege of registration.

Dividends and interest on all bonds, except where otherwise specified in the fort-going
notes, payable at office of Drt-xel, Morgan & Co., New York, X. Y. Preferred stock is
entitled to non-cumulative dividends (payable quarterly) aggregating 5 per cent, per annum
before anv diTtdend can be paid in same year upon common stock. Dividends on common
stock in 1890, 3 per cent, and 1 per cent, extra ; in 1891, January and July, H per cent. each.
Annual meeting, last Wednesday in October. One-third of the board is elected each year, to
serve for three years. Books close ten days previously ; al.<o ten days in advance of dividend
payments. Registrar of stock, Central Trust Co., New York, N. Y. Capital stcck and the
bond issues numbered 4, 5. 7, 8, 9. 12 13, 15, 19, and 20 in the funded debt statement on
page 1TV2 are listed on the New York Stock Exchange. The C., C., C. £ I. general consols of
1934 and the Cairo Division bonds are also listed in London.

RAILROADS LEASED OR OWNED BY THE C., C., C. & ST. L. RY. Co.

COLUMBUS, HOPE AND GREENSBURG RAILROAD.-Colurobus, Ind., to Greensburg,

Ind 26 50 miles ; siding*. 3.65 miles : gauge. 4 ft. 8J- in. : rail (steel, 10 miles), 56 Ibs. Construction commenced
in 1882 and completed in 1883. Road opened May 10. 1884. Financial Statement, June 30, 1868.— Capital stock,
$250.000: funded debt, 1st mortgage 6 per cent. 30-year bonds, dated October 1, 1882, $275.000— total, $52.5.000.
Contra : Cost of road, etc.. $300.153.36. All of the bonds and 61.1 per cent, of the stock are owned by the Clev.,
Cine.. Chic, and St. L. Ry. Co. M. E. INGALLS. President : E. F. Osborn, Vice- President and Secretary ; George
S. Russell, Treasurer. PRINCIPAL OFFICE AND ADDRESS. Cincinnati. 0.

F AIRLAND, FRANKLIN AND MARTINS VILLE RAILROAD.-Fairland to Martins-
vine, Ind,. 37.50 miles : total track i steel, 6.50 miles). 41 .77 mile i. Organized in 1876 as successor to the Cincin-
nati and Martinsville RR. Co.. whose road was sold under foreclosure in that year. Leased March 1, 1880, to C., I.,
St. L. & C. Ry. Co. ; lease transferred to the C., C., C. and St. L. Ry. Co. Rental, net earnings. Capital stock
(par, $25). $50.006, all owned by the C., I., St. L. and C. Ry. Co. No bonds. M. E. INGALLS. President; E. F.
Osborn. Vice-President and Secretary ; George S. Russell. Treasurer. CORPORATE OFFICE, Cincinnati, O.

HARRISON BRANCH RAILROAD.— Valley Junction to Harrison, O.. 7.70 miles; total track
isteel). 8.79 miles. Built in 1864. Leased in perpetuity to the C., C., C. & St. L. Ry. Co., at an annual rental
equal to 7 per cent, on $200.000 stock, all of which is owned by the lessee. (See MANUAL for 1891.) M. E.
INUALI.S, President : E. F. Osborn, Secretary and Treasurer. Cincinnati, O.

MOUNT GILEAD SHORT LINE RAILROAD.-Mt. Gilead, O.,'to Edison, O., 2 miles. Sid-
ings. 0.53 mile. Gauge, 4 ft. 8i in. Rail, 56 Ibs. Built by trustees appointed under Acts of the Legislature of
Ohio. April 16, 1879. March 30, 1880, and March 11. 1881, authorizing the incorporated village of Mt. Gilead to issue
bonds to the amount of $24.000, running fifteen years, and redeemable after three years. Said bonds were issued,
bearing interest at 6 per cent, per annum, payable semi-annually. and secured by the pledge of faith, and a tax TO
be levied annually upon the real and personal property of said village, until principal and interest is all paid.
Road opened May 3, 1880. The C., C.. C. & St. L. Ry. Co. leases the road for 20 years from April 15, 1880, renew-
able for one, two. or three like terms, but not to exceed in the aggregate 99 years, at a rental equal to one-third of
net earnings. Operations for 1891. — Mixed train mileage, 19,376 miles. Passengers carried. 20,626 : carried one mile,
Tons of freight moved. 7,888 ; moved one mile, 15,776. Earnings— passenger. $2.062.56 : freight, $1.351.-
39 ; mail and express. $305.92 ; other. $300.39— total, $4,023.26. Operating expenses, $5.066.72. Deficit, $1.643.46.
Paid taxes. $99.29— total deficit. $1,742.75. Financial Statement, June 30, 1889.— Funded debt, 6 per cent, bonds,
dated September 1. 1879, due within 15 years: interest and sinking fund provided for from annual tax ; outstand-
ing June 30. 1&S9. $17,400. Interest accrued and unpaid at same date, $348. Trustee : J. H. POLLOCK, Pre*i>l- /// •
R. B. Levering, Vice-President ; L. B. Vorheis, Treasurer ; H. L. Beebee, Secretary ; M. B. Talmage, Mt. Gilead. O.

PEORIA AND EASTERN.— Pekin, 111., to Indianapolis, Ind., 202 miles. Sidings, 72.66 miles.

April 1,1940, to theC.. C.. C. ct St. L. Ry. Co., which guarantees the interest, but not the principal, of the first
consols, and owns one-half of the capital stock. If the Peoria and Eastern's earnings, added to the net income
uip to $200,000) over operating expenses of the" Middle Division '' of the old O.. I. «fc W., exceed the sums neces-
sary to pay the Peoria and Eastern's fixed charges, and to reimburse the C., C., C. & St. L. for all advances up to
that time, the surplus is to go to the second consolidated incomes : and then if a surplus remains, it will yo to the
Peoria and Eastern itself. Boiling Stock. June 30, 1891.— Locomotive engines. 69. Cars— passenger, 34 : baggage,
mail, and express. 15 : freight (box, 1,044 : stock, 113 : coal and flat. 611 ; caboose, 96), 1,794 ; other, 15— total cars,

April, 1990. $4,000.000). $13,430,000— total stock and bonds outstanding. $23,603,000. Interest payable at the office

rexel, Morgac & Co., New York, N. Y. The consolidated mortgage of 1890 covers, besides" the road owned

ttfe $5,000,000 purchase money lien on the Middle or Springfield Division. Trustees of bonds. Central Trust Co.,

s. Y., and C. W. Fairbanks, Indianapolis. lud. The consols and the incomes are listed on the New

Stock Exchange. Director*: John A. Barnard, Indianapolis. Ind. ; John A. Glover, Urbana. O • Edmund

L. Stewart, Danville, 111. JOHN A. BARNARD. President ; W. W. [Lynn, \Secretary and T'rawww.llndianapolis, Ind

176

POOR S MANUAL OF RAILROADS.

Board of Directors, C., C., C. & St. L. Ry. Co.

Till October, 1893.

Melville E. Ingalls Cincinnati, O.

William P. Anderson.

Amos Townsend Cleveland, O.

James Barnett " "

Benjamin S. Brown... Columbus, O.

Till October, 1894.

C. Vanderbilt New York, N.Y,

W. K. Vanderbilt.

Chaunccy M. Depew "

J. Pierpont Morgan u

George Bliss " "

Till October, 1892.

H. McK.Twombley.NewYork,N.Y.
James D. Layng. ..

S. J Broadwell Cincinnati, O .

Alexander McDonald. "
George A. Farlow Boston, Mass.

MELVILLE E. INGALLS, President Cincinnati, O.

J. D. Layng, Vice- President New York, N. Y.

Secretary — E. F. Osborn Cincinnati, O . I Treasurer — George S. Russell Cleveland, O

Auditor — P. A. Hewitt '• | General Managtr—Soa, Ramsey, Jr Cincinnati, O.

PRINCIPAL OFFICE AND ADDRESS Cincinnati, O.

Financial and Transfer Agency Drexel, Morgan & Co., New York, N. Y.

CLEVELAND, LORAIN AND WHEELING RAILROAD COMPANY.

Main Line of Road. — Lorain, O., to Bridgeport, 0 157.6

Branch : Martin's Ferry to Bellaire, 0 6.7 — 164.3 miles.

Sidings, etc., 48.54 miles. Gauge, 4 ft. 8£ in. Rail (steel, 176.84 miles), 56, 60, and 65 Ibs.

History. — Organized March 13, 1883, as successor to the Cleveland, Tuscarawas Valley
and Wheeling Ry. Co. (See MANUAL for 1888, page 427.)

Rolling Stock, June 30, 1891. — Locomotive engines, 44. Cars — passenger, 30; baggage,
mail, and express, 5; freight (box, 199; coal, 3,848; flat, 98; caboose, 36), 4,081 ; other
cars, 6— total cars, 4,222.

Operations for year < nding June 30, 1891. — Train mileage — passenger, 302,599 ; freight,
836,910— total, 1,139,509' miles. Passengers carried, 375,679; carried one mile, 6,552,426;
average mile rate, 2.29 cents. Tons freight moved, 1,858,656 ; moved one mile, 177,409,477;
average ton-mile rate, 0.62 cent.

Earnings.-Passenger $150,194 69

Freight 1,107,341 60

Mail 13,906 87

Express 6,035 95

Miscellaneous... 13,99270

Expense*.— Transportation $347,804 05

Motive Power 240,392 42

Maintenance of Cars 105,330 09

Maintenance Way & Buildings . 178,783 26
General .... 52,936 47

Total ($5,631.43 per mile) $925,246 29

Payments: Interest on bonds, $58,000; on

Total ($7,860. 45 per mile) .$1,291,471 83

Net earnings (28.87 per cent.), $366,225.54.
debt, $8,175 ; taxes, $25,037.56— total, $91,212.56. Balance, surplus, $275,012.98. Surplus
from last year, $1,174,457.16 — total surplus as per general balance sheet, $1,449,470.14.

Statement of operations, earnings, and capital account for eight fiscal years :

1884

Dec. 31.

1885

Dec. 31.

1886

Dec. 31.

1887

Dec. 31.

1888

Dec. 31.

1889

June 30.

1890

June 30.

1891

June 30.

Miles of Line

157 50

157.50

157.50

163.90

164.20

164.30

164.30

164 30

Train Miles
Passengers Carried
Freight (tons) Moved. .

904,137
276,519
939,231

894,998
258,159
926,902

739,539
323,184
1,089,773

1,237,946
334,460
1,439,101

1.420,118
363,943
1,468,373

1,443,911
364,990
1,447,036

1,408,511
396,369
1,568,602

1,139,509
375,679

1,858,656

Gross Earnings. .

859,091

755,448

814,386

$
1,102,883

$
1,169,600

$
1,121.085

$

1,145,232

$
1,291,472

Operating Expenses

603,171

543,337

556,954

736,861

819,351

795,421

776,559

925,246

Net Earnings

254,920

212,111

257,432

366,022

350,249

325,664

368,673

888.8M

Interest Paid

49,000

49,000

49,000

52,000

55,000

64,730

63,460

66,175

'Capital Stock

5,600,000

5,600,000

5,600,000

5,600,000

5,600,000

5,600,000

5,600,000

5,600,000

iFunded Debt
Accounts iind Liabilities . . .
Profit and Loss, etc

700,000
36,596
274,357

700,000
34,272
437,467

700,000
133,260
432,885

850,000
59,037
625,765

850,000
226,034
921,014

850,000
221,273
894,004

850,000
381,526
1,174,457

&>0,000
307,585
1,449,470

Total Liabilities

6,610,953

6,771,740

6.866,145

7,134,802

7,597,048

7,565,277

8,005,983

8,207,055

Cost of Road, etc
Materials, etc
Accounts, Bills, and Assets.
Cash on Hand

6,420,556
30,359
129,675
30,363

6,486,556
26,133
231,930
27,121

6,669,161
33,217
126,786
36,981

6,835,957
30,062
144,260
124,503

7,384,535
39,539
110,456
62,518

7,428,310
48,552
54,874
33,541

7,848,126
46,780
109,878
1,199

7,927,707
45,315
206,828
27,210

Total Assets

6,610,953

6,771,740

6,866,145

7,134,802

7,597,048

7,565,277

8,005,983

8,207,065

American Bank Note Company,

78 TO 86 TRINITY PLACE, NEW YORK.

BUSINESS FOUNDED, 1795.— INCORPORATED UNDER LAWS OF STATE OF NEW YORK, 1858.— REORGANIZED,

ENGRAVERS i PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange. Better Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IN THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES.

WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING.

Special papers manufactured exclusively for use

of the Company.

SAFETY COLORS. - - SAFETY PAPERS.

WORK EXECUTED IN FIRE-PROOF BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,

AND

ILLUMINATED SHOW CARDS

OF THE MOST APPROVED STYLES.
NUMBERED, LOCAL AND COUPON TICKETS, of any Size, Pattern, Style, or Device with Steel Plate Tints.

LITHOGRAPHIC AND TYPE PRINTING-
SHOW CARDS, LABELS, CALENDARS.

Blank: Books of Every Description.

TRUSTEES :

JAMES MACDONOUGH, PRESIDENT.

AUG. D. SHEPARD,— VICE-PRESIDENTS— TOURO ROBERTSON.

THEO. H. FREELAND, SECRETARY & TREASURER.
JNO. E. CURRIER, ASST. SECRETARY. J. K. MYERS, ASST. TREASURER.

P. C. LOUNSBURY, JOS. S. STOUT, J. B. FORD,

H. PORTER, W. J. ARKELL, E. C. CONVERSE. EL1-IOTT F. SHEPARD

;-^ ^^T^K^^^tJ^' v' I 1V' t c^r~rr^7^Ti — "»r

^\5fe>^^Rr1^T^

^^^X^Abramsi

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Hancockj
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MC"-" ":Lsyr^f^^./st^

,o&e XT DaneA 1. \ff»te?te*VKskj£-V-

aS^V^SJ;

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^Platteville^M^^^ ^K^SlSSm133^^ Sr"

BANK NOTE CO. NEW YORK It

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WISCONSIN

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*" I

Poor's Handbook of Investment Securities

Is a Work designed for the use of Bankers, Investors, Trust Institutions
and Railway Officials, supplementing Poor's Manual of Railroads. The only
work published which presents comprehensive statements of the indebted-
ness of all the States, Cities, Towns and Counties of the Country.

In one volume, 600 pages, cloth, royal octavo. Price $4.00 per copy.
Edition for 1892, 3d annual number ready in July.

SAMPLE PAGES WILL BE SENT TO ANY ADDRESS
ON APPLICATION.

* V.

70 WALL STREET, NEW YORK.

POOR'S MANUAL OF RAILROADS.

177

General Balance Sheet, June 30, 1891.

Cost of Road, Equipment, Real Estate, etc. $7,927.706 95

Current Accounts 200,526 72

Materials and Fuel on Hand 45,314 84

Cash on Hand 27,209 68

Chamberlain " 6,2% 62

Total Assets . .

.$8,207,054 81

Common Stock Paid in (par, $100) $1,000,000 00

Preferred Stock Paid in (par, $100) 4,600,000 00

Funded Debt Outstanding 850,000 00

Bills Payable 23,691 05

Current Accounts 113,898 62

Car Trust 170,000 00

Profit and Loss . . .... 1,449,470 14

Total Liabilities $8,207,054 81

Funded debt > $700,000 C., T. V.& W. 1st mtge. 7 percent. 20-year $1,000 coupon bonds,
due October 1, 1898, interest April and Oct. ; $150,000 C., L. & W. mtge. 6 per cent. 9-year
$1,000 coupon bonds, due July 1, 1895, interest. Jan. and July. Interest payable at Union
Trust Co., New York, or Mercantile Nat. Bank, Cleveland.

Annual meeting, second Wednesday in May, at Cleveland, 0. Books close for annual
meeting or for dividend payments ten days previously. Dividends payable at treasurer's
office, Cleveland, O. (For dividends paid, see MANUAL for 1891.)

Directors (elected May 13, 1891).— Edwin E. Perkins, W. S. Streator, Oscar Townsend,
C. L. Cutter, Cleveland, O. ; John Newell, Chicago, 111. ; E, B. Thomas, A. S. Gorham, New
York, N. Y.

E. R. PERKINS. President Cleveland, 0.

Worthy S. Streator, Vice-President Cleveland, O.

Secretary and Treasurer — C. L. Cutter Cleveland, O. | General Manager — Oscar Townsend Cleveland, O.

Auditor— W. H. Park Cleveland, O.

PRINCIPAL OFFICE AND ADDRESS Mercantile Bank Building, Cleveland, O.

CLEVELAND, ST. LOTJIS AND KANSAS CITY RAILWAY CO.

(Operated by the American Construction Co.}

Line of Road. — St. Charles, Mo., to Hamburg 16.5 mites.

Sidings, 0.60 mile. Gauge, 4 ft. 8£ in. Rail (steel), 60 and 63 Ibs.

History.— Chartered March 28, 1888, and succeeded to the property of the Central Mis-
souri Ry. Co. Sold under foreclosure of contractor's lien May 10, 1890, and purchased by
James H. Bethune for himself and associates. Projected to run from Alton, 111., to Kansas
City, Mo.. 275 miles, and from St. Louis to St. Charles, Mo., 25 miles. Grading completed
20 miles east from St. Charles, and 36 miles west from Hamburg, and it is expected that all
or a considerable portion of it will be completed and put in operation during 1892. The
owners report that the road earns something more than operating expenses and cost of main-
tenance, and that it is entirely free from debt, mortgage or floating. (See MANUAL for 1890,
page 490.)

Rolling Stock, January 1, 1892. — Locomotive engine, 1. Cars— freight (box, 1 ; plat-
form, 23), 24; caboose, 1— total cars, 25.

JAMES H. BETHUNE, President St. Louis, Mo.

J. E. Risley, Vice-President Ne^w York, N. Y.

Secretary— A. C. Craney St. Louis, Mo. | Treasurer— J. W. Craney St. Louis, Mo.

PRINCIPAL OFFICE AND ADDRESS 226 Commercial Bldg., St. Louis, Mo.

CLOVE BRANCH RAILROAD COMPANY.

Main Line of Road.— Clove Branch June., N. Y., to Sylvan Lake, N. Y. .4.25
Operated : N. Y., B. & Montreal Ry. : Sylvan Lake to Clove Val., N. Y. . 4.01—8.26 miles.
Sidings (owned, 1.43 ; operated, 0.91), 2.34 miles. Gauge, 4 ft. 8£ in. Rail, 56 Ibs.
History.— Organized November 21, 1868; road opened in 1870
Rolling Stock. — Locomotive engine, 1. Cars— combination, 1 ; box, 4; coal 46
12

178 POOR'S MANUAL OF RAILROADS.

Operations for year ending June 30, 1891. — Train mileage (mixed), 2,688 miles. Pas-
sengers carried, 3,028 ; carried one mile, 9,350 ; average mile rate, 2.06 cents. Tons freight
moved, 29,321 ; moved one mile, 124,614 ; average ton-mile rate, 6.57 cents. Earnings — pas-
senger, $192.95 ; freight, $8,190.12 ; mail, $346.28 ; miscellaneous, $990.88— total, $9,720.23.
Operating expenses, $8,392.50. Net earnings, $1,327.73; other receipts, $96.34 — total net
income, $1,424.07. Paid taxes, $393.14. Surplus for year, $1,030.93. Surplus forward,
$41,406.79— total, $42,437.72. Deduct charges, $150.56. Net surplus, $42,287.16.

Financial Statement, June 30, 1891. — Capital stock (par, $50), $150,000 ; open accounts,
$422.93 ; audited vouchers and pay rolls, $385.40 ; profit and loss, $42,287.16— total, $193,-
095.49. Contra: Cost of road and equipment, $189,259.84; real estate, $1*495.29; cash on
hand, $1,182.66; current accounts, $1,157.70— total, $193,095.49.

Directors (elected in January, 1891). — John S. Schultze, William R. Schultze, Manches-
ter, N. J.; S. I. Wright, Elizabeth, N. J. ; George H, Brown, New York, N. Y. ; William S.
Eno, Pine Plains, N. Y. ; R. G. Coffin, Oak Summit, N. Y. ; C. L. Kimball, Fislikill-on-
Hudson. N. Y. ; N. T. Plass, Copake Iron Works, N. Y. ; W. A. Wells, Moore's Mills, N. Y. ;
S. M. Davidson, Fishkill Village, N. Y. ; Albert Emaus, La Grange, N. Y. ; William H.
Moore, Matteawan, N. Y. ; George Potter, Billings, N. Y.

JOHN S. SCHULTZE, President and Treasurer Matteawan, N. Y.

Sec. & Gen. Acct.—W. A. Wells Matteawan, N. Y. | Superintendent- C. L. Kimball Matteawan. X. Y.

PRINCIPAL OFFICE AND ADDRESS Matteawan, N. Y.

COLORADO EASTERN RAILWAY COMPANY.

Main Line of Road. — Denver, Col., to Scranton, Col 17 miles.

Gauge, 3 ft. Rail (steel), 16 and 21 Ibs.

History.— Reorganization in 1888 of the Denver RR. and Land Co. (See MANUAL for 1891.)
A branch is projected from Denver Union Depot to Grand Smelter, 2 miles. The Union
Pacific is litigating the right of this company to occupy the terminals in Denver. After that
question is settled the company proposes to entirely rebuild the road with 60-lb. steel rail,
and complete it through to the east line of Colorado. In addition to the railroad, the com-
pany's property consists of 3,360 acres of coal lands owned in fee simple, 640 acres leased
from the State of Colorado, besides valuable terminals, franchises, etc., in the city of Denver.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; baggage, etc., 1 ; freight
(flat, 1 ; coal, 9), 10 ; other, 2 — total, 14. Also complete equipment at mines, coal chutes, etc.

Financial Statement (latest furnished).— Capital stock (par, $100), $500,000. Funded
debt, $500,000 first mortgage bonds 6 per cent. 20-year gold bonds, due 1907. interest and
principal payable in New York. Trustee. Knickerbocker Trust Co., New York, N. Y.

Directors (January 14, 1890).— E. H. Hallack, C. M. Wicker, Denver, Col. ; B. F.
Vaughan, Providence, R. I. ; George C. Wilde, C. L. Horton, New York, N. Y.

E. F. HALLACK, President Denver, Col.

Sec. and Treat.— George C. WUde. . . .New York, N. Y. | General Manager— C. M. Wicker Denver, Col.

PRINCIPAL OFFICE AND ADDRESS Denver, Col.

Colliery ' Scranton, Col.

COLUMBIA, NEWBERRY AND LAURENS RAILROAD COMPANY.

Line of Road.— Columbia, S. C., to Clinton, S. C 63.42 miles.

Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs.

History.— Chartered December 26, 1885. Road completed early in 1891. Leased August
1, 1890, to the receiver of the South Carolina Railroad.

Financial Statement.— Capital stock (par, $25) authorized, $2,000,000; paid HI,
$500,000. Funded debt, 1st mortgage 6 per cent. 50-year $1,000 go\d coupon bonds, dated
January 1, 1888, interest payable January and July, at New York, N. Y., Baltimore, Md.,|and

POOR'S MANUAL OF RAILROADS. 179

Columbia, S. C. ; authorized at the rate of $12,000 per inile of actually constructed road ;
outstanding. $516,000.

Annual meeting, second Tuesday iu July. Trustee of bonds. Safety Deposit and Trust
Co., Baltimore, Md.

Directors. — M. A. Carlisle, George S. Mower, Newberry, S. C. ; H. C. Moseley, Pros-
perity, S. C. ; \V. H. Lylt-s, James Woodrow, W. A. Clark, John J. Sloan. Jr., W. B. Low-
ranee, Columbia, S. C.

W. G. CHILDS, President Columbia, S. C.

II. C. M.'M'k-y..' Prosperity, S.C. \ Secretary and Treasurer— T . H. Gibbey. Columbia, S.C.

PHINCIPAL OFFICE AND ADDRESS. '. , Columbia, S. C.

COLUMBIA AND PUGET SOUND RAILROAD COMPANY.

Main Line of Road.— Seattle to Coal Creek, Wash 21

llic< r Extension : Renton to Franklin 21 — 42 miles.

Sidings, 14.8 miles. Gauge, 3 ft. Rail (steel, 42 miles), 40 and 56 Ibs.

History.— Originally the Seattle and Walla Walla RR. Co. Purchased by the Oregon
Improvement Co., and name changed. Operated by O. I. Co.

Rolling Stock. November 30, 1891. — Locomotive engines,8. Cars — passenger, 5; baggage,

j ; freight (box, 10 ; platform, 34 ; coal, 100), 144; caboose, 7 ; other, 17— total, 183.

Operations for year ending June 30, 1891. — Train mileage and traffic statistics not re-
ported. Gross earnings, $333,043.91. Operating expenses, $206,804.20. Net earnings,
1136,339.71.

Financial Statement, November 30, 1891.— Capital stock (all owned by the Oregon Im-
provement Co.), $1,000,000; accounts payable, $84,830.29; profit and loss, $609,959.81—
total, $1.894.790.10. Contra: Construction and equipment, $1,819,575.93 ; materials, etc.,
$18,883.91 ; accounts receivable, $75,214.17— total, $1,894,790.10.

Annual meeting, third Tuesday in May, at Seattle, Washington.

Directors (elected May 19, 1891).— W. H. Starbuck, New York, N. Y. ; F. H. Prince,
Boston, Mass.; C. J. Smith, J. C. Haines, H. McLellan, Seattle, Wash.

W. H. STARBCCK. President New York, N. Y.

C. J. Smith, Vice- P re side Jit and General Manager Seattle, Wash.

McLellan Seattle. Wash. Treasurer— Oregon Imp. Co Seattle Wash

.-1 xditor—J. T. Campion Seattle, Wash .

PRINCIPAL OFFICE AND ADDRESS Seattle, Wash..

COLUMBUS, SHAWNEE AND HOCKING RAILWAY COMPANY.

Main Line of Road. — Columbus, 0., to Cannelville and Ballous 75.60 miles.

Shawnee and Muskingum Die. : Shawnee to Shawnee Junction, 0 27.00 miles.

Connecting Link : Saltillo to Sayres, 0 11.20 miles.

Redfield Branch : Fultonham, O., to Redfield, 0 8.00 miles.

Other Coal Brandies 8.80 miles.

Tracka 1 Cin. and Muskingum Vol. Ry. : Darlington to Zanesville, 0 5.70 miles.

' (Kanawha and Michigan Ry. : Gloster to Buckingham, O. 11.80 miles.

Total length of all lines operated, June 30, 1891 (owned, 104.6 m.) 149.70 miles.

Sidings, etc., 19 miles. Gauge, 4 ft. 8* in. Rail (steel). 58 Ibs.

Included in the main line are 25 miles of the Toledo and Ohio Central Ry., from Alum
Creek Junction to Thurston, of which the company has joint use under 99-year lease, and
one mile of the C., C., C. & St. L. Ry., in the city of Columbus, joint interest, 25-year
lease. The company has joint, use of the section of Cincinnati and Muskingum Valley Ry.,.
under 30-year lease, and of the Kanawha and Michigan Ry. under 99-year lease.

History. — Chartered September 30, 1889, and on January 1, 1890, acquired the Columbus
and Eastern, and the Shawnee and Muskingum River Ry. Cos. The connecting link was.

180 POOR'S MANUAL OF RAILROADS.

completed and the through line opened in October, 1890. (See MANUAL for 1890.) The
Zanesville Terminal Ry. is leased for 99 years, the company guaranteeing interest on its
bonds.

Atjihe annual meeting, October 19, 1891, the directors were authorized to lease the San-
dusky and Columbus, Lake Erie and Southern Short Line, building from Sandusky to
Columbus, O., 108 miles.

Rolling Stock, June 30, 1891. — Locomotive engines, 32. Cars— passenger, 15 ; baggage,
etc., 2 ; freight (box, 286; coal, 2,939 ; caboose, 17), 3,242 ; other, 160— total cars, 3,419.

Operations for year ending June 30, 1891. — Train mileage — passenger, 133,561 ; freight,
294,358 ; mixed, 35,608— total, 463,527 miles. Passengers carried, 130,556 ; carried one mile,
2,847,233; average mile rate, 1.69 cents. Tons freight moved, 689,154; moved one mile,
41,633,884; average ton-mile rate, 0.71 cent. Earnings — passenger, $48,112.57; freight,
$297,175.30; mail, $5,186.86; express, $1,574.34; other, $57,491.30— total ($2,735.73 per
mile), $409,540.37. Expenses — transportation, > $140,146.81 ; motive power and cars,
$21,561.11 ; way and buildings, $17.565.88; general, $26,971.25— total ($1,377.72 per mile),
$206,245.05. Net earnings (49.64 per cent.), $203,295.32. Payments : Interest on bonds,
$127,105.71 ; rentals, $28,880.89; taxes aud other, $46,535.11— total, $202,521.71. Balance,
surplus, $773.61; surplus from 1890, $5,861.48— total surplus, June 30, 1891, $6,635.09.

Financial Statement, June 30, 1891.— Capital stock (common, $2,000,000 ; preferred,
$2,000,000), $4,000,000 ; funded debt, 1st mortgage 5 per cent. 50-year $1,000 coupon bonds,
due January 1, 1940, interest payable January and July, at office of Hatch & Foote, New
York City, $3,212,945.76 ; equipment 6 per cent. 25-year $1,000 coupon bonds, due April 1,
1916, interest payable April and October ($1,000,000 authorized), $59,000 ; car trust obliga-
tions, $1,160,714. 66; bills payable, $415,071.20; profit and loss, $6,635.09— total, $8,854,366.71.
Contra : Cost of road, $7,237,435.28 ; rolling stock, $1,023,298.67; construction, $367,270.80;
materials and fuel, $31,168.12 ; bills receivable, $90,848.50; current accounts, $91,483.16 ;
cash, $12,862.18— total, $8,854,366.71.

The authorized amount of first mortgage bonds is $5,000,000, of which $1,500,000 is
reserved for extensions, and may be issued at $30,000 per mile of road completed and
equipped. The equipment bonds are a first lien on equipment, a second lien on the road,
and cover $210,000 of the company's first mortgage bonds, which can only be sold for new
equipment to be made subject to the equipment bonds.

Directors (elected October 19, 1891).— D. S. Gray, P. W. Huntington, H. D. Turney,
O. C. Hoover, Charles Parrott, F. J. Picard, W. E. Guerin, Samuel Huston, Columbus, O. ;
D. B. Hatch, H. W. Putnam, New York, N. Y. ; Chase Andrews, Zanesville, 0.

P. W. HUNTINGTON, President Columbus, O.

F. J. Picard, Vice- President and General Manager Columbus, 0.

Sec & Gen Solicitor— W. E. Gnerin Columbus, O. | Treasurer— II. D. Turney Columbup, O.

Audi tor— Charles A. Covert Columbus, O.

PRINCIPAL OFFICE AND ADDRESS Columbus, 0.

Fiscal Agents, Hatch & Foote 7 Pine Street, New York.

COLUSA AND LAKE RAILROAD COMPANY.

Line of Road.— Col nsa, Cal., to Sites, Cal 22 miles.

Sidings, 1 mile. Gauge, 3 ft. Rail (steel), 30 and 35 Ibs.

History. — Consolidation, November 27, 1886, of the Colusa and the Colusa and Lake
RR. Cos. (See MANUAL for 1890, page 603.)

Rolling1 Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 2; baggage,
etc., 2 ; freight (box. 4 ; platform, 20 ; caboose, 1), 25 — total, 29.

Operations for year ending June 30, 1891. — Train mileage and traffic operations not
reported. Earnings— passenger, $11,757.89; freight, $9,361.67; mail, $947.64; express,
$480— total, $22,547.20. Expenses (general), $16,133.49. Net earnings, $6,413.71. Add
receipts from rents, $1,008.75 — total, $7,422.46. Payments: Interest on bonds, $4,200; on
debt, $117.10 ; other payments, $1,861.20— total, $6,178.30. Balance, surplus, $1,244.16.

MANUAL OF RAILROADS. 181

Financial Statement, June 30, 1891.— Capital stock ($100 shares), $100,oOO ; funded debt,
6 per cent. 20-year trust bonds, dated April 1, 1837, interest payable April and October,
$70,000 ; current accounts, $1,794.52 ; profit and loss, $14,378.83— total, $186,673.:J5. Con-
tra: Cost of road, $149,111.91; equipment, $34,636.44; real estate and buildings, $2,925—
total, $186.673.35. Interest payable at Bank of California, San Francisco, Cal. Annual
meeting, first Monday iu December, at Colusa, Cal. Trustees of bonds: J. C. Wilmarding-
and Jerome B. Lincoln.

Directors.— W. P. Harrington, E. W. Jones. E. A. Harrington, J. W. Goad, George
Hager, Colusa, Cal. ; John Boggs, Princeton, Cal. ; J. H. Roberts, Sacramento, Cal. ; P.
Peterson, John Sites, Sites, Cal.

W. P. HARRINGTON, President Colusa, Cal.

E. VV. Jones, Vice-President Colusa, Cal.

Treasurer— Colusa County Bank Colusa, Cal. | Secretary— T. Harrington Colusa, Cal.

PRINCIPAL AND TRANSFER OFFICES Colusa, Cal.

Leased

CONCORD AND MONTREAL RAILROAD.

Main Line of Road.— Nashua, N. H., to Groveton Junction, N. H 181.00 miles.

Hooksett Branch : Suncook to Hooksett 2.50 miles.

Mount Washington Branch : Wing-Road to Base Station, N. H 20.30 miles.

, \ Suncook Valley Extension RR. : Pittsfield to Centre Bemstead 4.45 miles.

: } Lake Shore RR. : Lakeport to Alton Bay, N. H 18.00 miles.

Joint Ownership : Manch. <£ Keene RR. : Greenfield to Keene, N. H 30.00 miles.

Concord and Portsmouth RR. : Manchester to Portsmouth. N. H 40.50 miles.

&uncook Branch : C. & P. RR.. Concord to Suncook 7.00 miles.

Suneook Valley RR. : Sancook to Pittsfield, N. H 18.00 miles.

Pemigewasset Vattey RR. : Plymouth, to No. Woodstock, N. H 21.00 miles.

Manchester and North Weare RR. : Manchester, N. H., to No. Weare 19.00 miles.

Nashua, Acton and Boston RR. : Nashua, N. H., to Acton, Mass 20.00 miles.

' { Whitefield & Jeff. RR. : Whitefield to Jefferson, N. H 13.00 miles.

I Tilion & Belmont RR. : Belmont Jc. to Belmont, N. H 4.00 miles,

1 Kilkenny Lumber Co. RR.: Lancaster to Kilkenny. N. H 11.00 miles.

^Zealand Valley RR.: Zealand to Zealand Notch, N. H 11.00 miles.

Trackage : Old Colony RR. : No. Acton to Concord Junction, N. H 4.00 mile?.

c

Total length of lines operated 424.75 miles.

2d track, 34.53; sidings, 100.32 m. Gauge, 4 ft. 8i in. Rail (steel, 280.53 m.), 56 to 72 Ibs.
History.— Consolidation, September 19, 1889, of the Boston, Concord and Montreal RR.
and the Concord RR. Corporation. The constituent companies retain a nominal corporate
existence so as not to impair the validity of certain leases and contracts which cannot legally
pass to the new corporation ; and so long as they continue corporations the Concord and Mon-
treal RR. is obligated to pay to the Concord RR. Corporation $500 a year, and to the Boston,
Concord and Montreal RR. $300 a year, to meet expenses of their respective organizations.
(See MANUAL for 1891.)

Rolling Stock, June 30. 1891. — Locomotive engines, 106. Cars — passenger, 76 ; parlor,
10; observation, 4; combination, 22; baggage, mail, and express, 25; freight (box, 682;
stock, 15 ; flat, 1,144 ; coal, 336 ; saloon, 34 ; charcoal, 20 ; refrigerator, 10 ; machinery, 2 :
milk, 5), 2,248 ; other, 279— total cars, 2,664.

Operations for year ending June 30, 1891.— Train mileage— passenger, 989,053 ; freight.
904,532 ; switching, 538,959 ; other, 152,457— total, 2,585,001 miles. Passengers carried,
1,650,441 ; carried one mile, 44,206,149 ; average mile rate, 2.12 cents. Tons freight moved,
2,196,748 ; moved one mile, 95,848,492 ; average ton-mile rate, 1.48 cents.

Earnings.— Passenger $937,734 18

Freight 1,420,464 11

Mail and Express 78,822 17

Miscellaneous 34,678 08

Total ($5.819.18 per mile) $2.471,698 54

Expenses. — Transportation ............... $905.549 63

Motire Power and Cars ....... 211.93428

Maintenance Way & Structure* 377.294 54

General and Taxes ......... . . 251.868 19

Total ($4,253.44 per mile) ............ $1,806.646 66

182

POOR'S MANUAL — CONCORD AND MONTREAL RR.

Net earnings (2P.91 per cent.), $665,051.88. Payments : Rental*. $73,504 ; interest,
$240,667.48 ; renewals, $35,937.04 ; improvements, $81,499.34 ; dividends, $228,000— total,
$659,607.86. Balance, surplus, $5,444.02. Dividends paid were : November 1, 1890, 3 per
cent, on Class 1, and 3 per cent, on Class 4 ; May 1, 1891, 3 per cent, each on same classes.

General Balance Sheet, June 30, 1891.

Cost of Road $7,555,993 89

Stocks and Bonds 1,242,367 61

Other Investments 1.466,307 06

Bonds in Truxt, etc 3,790,000 00

Boston & Maine,and Boston & Lowell RRs. 200,000 00

Materials and Supplies 557,259 67

Notes Receivable 8,500 00

Bills and Accounts 92,50934

Cash on Hand 1,092 02

Total Assets $14.914,029 59

Capital Stock $4,800,000 00

Funded Debt 7.938,300 00

Notes Payable 1,467,00000

Dividends and Rent Unpaid 16,140 00

Material Accounts 237,879 22

Sundry Accounts and Bills 129,232 37

Profit and Loss 325.478 00

Total Liabilities $14,914,029

Stocks and Bonds.— l^ake Shore RR. 3,060 shares, $310,713.49 ; Whitefield and Jefferson
RR., 2,000 shares, $200,000 ; Tilton and Belmont RR., 472 shares, $48,550.48 ; Suncook Val-
ley RR., 630f shares, $63.060 ; Suncook Valley Extension RR., 770 shares, $77,000 ; Fabyan
Hotel Co., 1,454 shares, $82,947.05; Winnipiseogee Steamboat Co., 307 shares, $8,530.19 ;
Wells River Bridge Co. , 52 .-hares, $3,467.50 ; Woodsville Water Works, 200 shares, $8,419.78 ;
Laconia Gas Light Co., 2 shares, $200 ; Mount Washington Ry., 402 shares, $40,200 ; Pro-
fileand Franconia Notch RR., 1,394 shares, $209,831.41 ; miscellaneous stocks and bonds (from
B., C. &M. RR..),-$18U, 447.71— total, $1,242,367.61.

Other Investments. — Manchester and North Weare RR., $100,000 ; Nashua, Acton and
Boston RR., $292,982.81 ; Manchester and Keene RR., $228,564.47 ; Franklin and Tilton RR.,
$100,450.74 ; Rindge's Wharf, Portsmouth, $51,507.72 ; Winnipiseogee Steamboat Co., $32,-
616.17 ; Zealand Valley RR., $13,687.80 ; Kilkenny Lumber Co. RR., $14,079.67 ; White-
field and Jefferson RR. Extension, $27,647.08 ; Pemigewasset Valley Stage (| interest),
$602.14; Summit Hou?e, Mt. Washington, $13,303.77; Pemigewasset Valley RR., $17.-
771.10 ; Mt. Washington Turnpike Co., $86.75 ; equipment account, $573,006.84— total,
$1,466,307.06.

Bonds in Trust. — New 4 per cent, bonds pledged as collateral, $354,000 ; in hands of
trustee, $3,436,000— toial, $3,790,000.

Capital stock is divided into four classes — Class 1, $800,000, having^ preference for divi-
dends up to 6 per cent, over Class 4, $3,000,000 ; Class 2, $540,400, having preference for
dividends up to 6 per cent, over Class 3, $459,600. Dividends on Classes 1 and 4 are payable
from net earnings ; on 2 and 3, from saving in interest under refunding plan. It is proposed
to issue $1,200,000 new stock to provide" for expenditures made for additions and improve-
ments during the past year, and stockholders will have the privilege of subscribing for the
new stock at par.

Funded debt, June 30, 1891.— $500 old 6 per cent, bonds, B., C. & M. RR.; $572,800
B., C. & M. RR. consolidated mortgage 6 per cent. 20-year bonds, due April 1, 1893, interest
April and October ; $1,365,000 7 per cent, ditto ; $500,000 B., C. & M. improvement mort-
gage 6 per cent 30-year bonds, due July 1, 1911, interest January and July ; and $5,500,000
C. & M. RR. 4 per cent. $1,000 coupon or registered bonde, due June 2, 1920, interest June
and December. Interest payable at Faneuil Hall Bank, Boston, Mass.

The Boston Safe Deposit and Trust Co. trustee, holds $2,447, 900 of the 4 per cent, bonds
of 1920 to be used only in retiring the outstanding bonds of the B., C. & M. RR. Of the
total amount $3,790,000, including the bonds in trust, remain unsold.

RAILROADS LEASED OR OWNED BY THE CONCORD AND MONTREAL RAILROAD Co.

CONCORD AND PORTSMOUTH RAILROAD.-Portsraouth to Manchester, N. H., 40.50 miles,
with branch from Concord to Suncook, 7 miles ; total track (steel, 47.50 miles), 62.50 miles. (For history see
MANUAL for 1888.) Leased in 1861 for 99 years, to the Concord RJR. Co., at 7 per cent, on $350,000 stock, and $500
for organization. Income, year ending June 30, 1891.— Rental. $25,000. Payments : Dividends (January and
July, each 3^ per cent.), $24.500 ; expenses, $371.22 ; balance, surplus, $128,78 ; surplus from last year, $2,426.06
—total surplus. $2,554.84. Financial Statement, June 30, 1891.— Capital stock, $350,000 ; profit and loss, $2,554.-

POOR'S MANUAL OF RAILROADS. 183

S4— total, $352,554.84. contra: Cost of read, $350,000 cash, $2,554.84— total, $352,554.84. JOHN J. PICKERING,
'. Portsmouth. N. II.; W. Byron Stearns. Treasurer, Manchester. X. II.; Wallace Hacketr, Clerk, Ports-
N II. CoKi>oHATK OKKK-K, Manchester, N. H.

MANCHESTER AND NORTH WEARE RAILROAD.- Manchester to North Weare, 19 miles,

total track i steel. 14. "24 miles), 21.38 miles. Chartered June -,'s l*.>. and purchased at trustee's tale the above road,

which previously formed a part of the Merrimack and Connecticut Rivers RR. Co. (See MANUAL for 1891.) The

road is practically owned by the Concord RR. Co., which has operated and controlled it since the organization of

the existing corporation. "Capital stock, representing cost of road to present company, §200,000. Income for

year ending September 30. 18SS. $34. (539.57 ; expenses and taxes, $26,«95.:>9 : net income. £7,648.96. Add surplus

i year. $',».44?.'>1 total surplus. $17.091.59. EDWARD C. SHIHLEY, President ; Josiah Carpenter, Treaa-

inchester, N. II.; Nathan P. Hunt. Citric, Manchester. N. H.

NASHUA, ACTON AND BOSTON RAILROAD.— Nashua. N. H.. to Acton, Mass., 20; total

-el. 20 miles). 22.75 miles. Opened July 1. 1873. Leased for ten years from January 1, 1876, to the

Concord RR. Co.. at an annual rental of $11.000. Controlling interest purchased by lessee in 1880 for $250,000.

Operation transferred to the Boston and Lowell RR. Co. for five years from July 1, 1884, under contract between

' that rompany and'the lessee. Reverted to lessee December 1. 1885. Interest accrued year 1890-91, $30,000. Deficit

from last year, $511,694.29— total deficit, 8541,694.29. Capital stock, $500,000 : funded debt, 1st mortgage 6 per

cent 20-year bonds, due October 1. 1805 interest April and October, at office of Fitchburg RR. Co.. Boston, $500.-

000 : unfunded debt— coupons and notes payable, $604,982.90— total, $1,604,982.90. Contra : Cost of road, $1,057,-

031.20 ; cash and cash assets, $6,257.41 ; profit and loss. $541.694.29. JOHX C. MotTLTON, President, Laconia,

N. H.; F. D. Cook, Treasurer. Nashua. N. H.: H. M. Cavis. Clerk, Concord, N. H.

PEMIG-EWASSET VALLEY RAILROAD.— Plymouth, N. H., to North Woodstock, N H., 21
miles. Sidings, 2.48 miles. Gauge, 4 ft. 8Mn. Rail (steel),f56 Ibs. per yard. Chartered July 9, 1874 ; road opened
March 1. 1883. Formerly leased to the Boston, Concord and Montreal RR. Co.; lease transferred to the Concord
and Montreal RR. Co. at time of consolidation (See MANUAL for 1890. page 12.) Locomotive engines, 2. Cars
— passenger, 2 : freight (box, 35 : platform, 90), 125. Rental for 1890-91, $30.504. Expenses and taxes, S261.25 ;
net income. $30.242.75. Paid dividends, February and August, 3 per cent, each, $30,204. Balance, surplus, $38.-
75. Capital stock as limited by charter, $2.000,000: authorized by corpora don, $530,000. Financial Statement,
June 30. 1891.— Cost of road, "equipment, real estate, etc.. $502,999.75 ; cash, etc., $562.01— total. $503,561.76.
Qontra: Capital stock, $503,400 ; profit and loss. $161. ?rt. An extension of this line from North Woodstock to
Fabyan's is authorized by the company's charter, and its construction is in contemplation. PRINCIPAL OFFICE.
Manchester. N. H.; Transfer Office, Boston. Mas-.

STJNCOOK VALLEY RAILROAD.— Suncook Village to Pittsfield, J18 miles ; sidings, 2.32 miles.
Rail (steel, 10.58 miles), 67 Ibs. Chartered January 4, 1849 ; road opened in 1869. Leased January, 1870, for 42
years, at 6 per cent, on $240.000 stock and $300 for organization. During the fiscal year 1889-90, the Suncook
Valley Extension, from Pittsfield to Centre Barnstead, 4.45 miles, was built and purchased by the Concord and
Montreal RR. Co. Income, year ending June 30. 1891, $14,700. Organization expenses, $275 : dividends. $14,400
— tota', $14.675. Surplus, §25. Capital stock, $341,700; aid or contribution. $8.696 : income balance, $216 69—
total. $350,612.69. Contra : Cost of road and equipment, $348,199.19; cash, $2,413.50— total, $350.612.69. Dividends
payable January and July. JOHN J. BEJ..L, President ; Jas. A. Weston, Treasurer : B. P. Cilley, Clerk. COR-
PORATE OFFICE. Manchester, N. H.

TILTON AND BELMONT RAILROAD.-Tilton to Belmont, N. H., 4.5 miles. Chartered Sep-
tember 7, 1883. and road built in 1889. Owned and operated by the Concord and Montreal RR. Co. Capital stock,
$50.000. CHARLES E. TILTON, President. Tilton, N. H.; H. M. Cavis, Clerk and Treasurer, Concord, N. H.

WHITEFIELD AND JEFFERSON R AILRO AD. -Whitefield to Jefferson. 13 miles. Sidings,
spurs, etc. .3 miles. Rail (steel, 10. 5 miles), 50 and 56 Ibs. Chartered July 11, 1878, and road opened in July, 1879.
Owned and operated by the Concord and Montreal RR. Capital stock ($100 shares), $230,000. Cost of road. etc..
$219,895.90. NATHAN R. PERKINS, President. Jefferson. N. H.: Ira C. Chase, Secretary, Bristol. N. H.: Edward
D. Harlow, Treasurer, Boston, Mass. GENERAL OFFICE, Whitefield. N. H. Transfer Office, 35 Congress Street
Boston. Mass.

ZEALAND VALLEY RAILROAD.— Zealand to Howe's Pond, N. H., 10 miles. Branch : Zealand
Notch to terminus, 1 mile— total, II miles. Sidings, 5.5 miles. Rail, 56 Ibs. Locomotives, 3 ; freight cars (plat-
form, 13 : logging, 95 ; caboose, 2), 110. Road opened February 18, 1886. and operated as a logging road till 1887,
when it was opened for general traffic. Surveys completed for an extension to Thompson. Operated by the Con-
cord and Montreal RR. Cost of road. $68.400: rolling stock. $28.600: buildings. $3800- materials and fuel
$4,000— total, $104,800. J. E. HENRY, President ; T. H. Henry. Secretary, Zealand, N. H.

Board of Directors, Concord and Montreal RR. Co., elected October 13, 1891.

Frederick Smyth. Manchester, N. H. John A. White Concord, N. H. | Charles E. Morrison Boston Mass

Benj. A. Kimball . . .Concord, N. H. Alpha J. Pillsbury. . . .Tilton, N. H. | Lewis C. Pattee Winchester, Mass'

John H. Pearson.... " " ! Charles E. Tilton " '• Charles A. Busiel ... .Laconia, N. H.

Walter M. Parker. Manchester. N. H. Samuel S. Kimball. .Concord, N. H. ' Noah S. Clark. . . .Manchester, N. H.
Hiram N. Turner St. Johnsbury, Vt.

FKEDERICK SMYTH, President Manchester, N. H.

Treasurer— John F. Webster Concord. N. H. , Clerk— Frank S. Streeter Concord, N. H.

PRINCIPAL OFFICE AND ADDRESS Concord, N. H.

CONNECTICUT RIVER RAILROAD COMPANY.

•Vain Line of Road.— Springfield. Mass., to Keene, X. H 74 00

Chicopee Falls Branch : Chicopee to Chicopee Falls 2.35

aeutkampton Branch : Mount Tom to Easthampton 3.50 — 79.85 miles.

2d track, 36 ; sidings, 53.23 m. Gauge, 4 ft.8* in. Kail (steel, 160.35 in.), 65, 70, 72 Ibs.

History.— Consolidation, February 9, 1890, of the Connecticut River and the Aslmelot
HR. Cos. (See MANUAL for 1890, page 22.)

Rolling Stock, June 30, 1891. — Locomotive engines, 45. Cars — passenger, 60 ; baggage,
mail, and express, 3 : freight (box, 266 ; platform, 281 ; stock, 3 : caboose, 5), 555 ; other cars,
47— total cars, 665. The company has 10 locomotives leased to the Sullhan County RR. Co.

184

POOR'S MANUAL— CONNECTICUT RIVER RR. CO.

Operations for year ending June 30, 1891. — See tabulated statement below.

Earnings.— Passenger $479.524 73

Freight 606,704 15

Mail 15,911 40

Express 18,504 56

Expenses.— Transportation $336,014 48

Motive Power and Cars 113,379 17

Maintenance Way & Buildings. 330,765 SO
General and Taxes 121,188 61

Total ($14,034.37 per mile) $1,120,644 84 Total ($11,288.01 per mile) $901,318 06

Net earnings (19.57 per cent.), $219,296.78. Add interest received, $20,331.88; rents,.
etc., $24,041.60— total available revenue, $263,670.26. Payments : Rental, $1,397.35 ; in-
terest, $25,872.91 ; dividends (July and October, 1890, and January and April, 1891, 2 per
cent, each), $206,400— total, $233,670.26. Surplus, $30,000; surplus f of ward ($1,000,055.08,
less sundry deductions, $70.19), $999,984.89— total, $1.029,984.89.

Statement of operations, capital account, etc., for six years (1884-1889), ending September
30, and two years (1890-1891), ending June 30:

1884

1885 1886

1887

1888

1889

1890

1891

Miles of Railroad Owned . .
Miles of Track
Miles of Steel Rail
Miles Operated
Locomotive Engines
Passenger Cars
Baggage, Mail, etc., Cars...
Freight Cars

55.85
130.41
123.35
79.85
42
32
18
486
326,639
143,832
1,477,499
15,629,660
638,120
15,115,967
$
878.872
631,214

55.85
132.81
123.69
79.85
42
32
18
486
334,601
146,497
1,415,701
15,165,876
606,345
15,093,085

830,294
596,906

55.85
133.29
124.03

79.85
43
35
18
486
333,841
147,280
1,531,208
15,888,148
671,839
16,567,813

879,344

644,589

55.85
133.77
124.53
79.85
43
33
19
511
340,077
151,387
1,681,822
17,090,776
726,163
17,009,023

939,741
710,435

55.85
133.77
124.53
79.85
43
39
20
558
354,412
150,473
1,750,372
18,151,718
799,009
19,466,424
$
987,237
790,217

55.85
138.11
126.03
79.85
40
54
5
555
368,280
161,303
1,778,134
18,529,839
809,648
19,960,400

1,041,422
829,761

79.85
167.28
157.03
79.85
42
61
3
555
408,275
149,869
1 ,870,734
19.096.563
863.380
21,581,614
$
1,089,372
906,547

79.85
169.08
160. 35
79.85
45
60
3
555
450,551
169,058
2110,138
21,263,284
898,563
22,084,941

1,120,645
901,348

Passenger Train Miles
Freight Train Miles
Passengers Carried
Passenger Miles
Freight (tons) Moved

Freight (ton) Miles

Gross Traffic Earnings
Operating Expenses

Net Traffic Earnings
Other Receipts

247,658
22,136

233,388
38,834

234,755
35,458

229,306
33,466

197,020
48,432

211,661
57,775

182,825
69.417

219,297
44,373

263,670
1.397
25,873
206,400
30,000

14.034 37
11,28801
2.746 36
80. 43 p.c.
2.25 c.
2.75 c.

2,580,000
569,200

51,600
150,508
1,029,985

Available Revenue
Lease Rentals

269,794
27,111
25,739

(8) 189,600
27 344

272,222
22,174
29,654
(8) 189,600
30,794

10,630 89
7,475 35
3,15554
t70.32p.c.
2.35 c.
2.96 c.
$
2,370,000
625.000
1.136
224,633
976,829

270,213
22,760
27,902
(8) 189,600
29,951

11,01245
8,072 20
2,939 95
173.30 p. c.
2.42 c.
2.81 c.
$
2,370,000
500,000
48,006
214,359
958,374

262,772
23,927
19,245

(8) 189,600
30,000

11,786 83
8,897 12
2,871 71
t75.59p.c.
2.42 c.
2.92 c.

2,370,000
450,000
48,712
245,840
987,986

241.452
24,235
23,217

(8) 198,000

269,436

24,960
26,067
(8) 206,4(10
12 (>09

252. -21:
30,18.
S5.6SE

<8) 206.401

Interest

Dividends

Gross Earnings per Mile* . . .
Gross Expenses per Mile *. .
Net Earnings per Mile*
Expenses to Earnings*
Av. Rate per Pass. p. Mile. .
Av. Rate per Ton per Mile. .

Capital Stock
Notes Payable
Dividends

11,00654
7,905 00
0,101 54
t71.»2p.c.
2.37 c.
3.05 c.
$
2,370.000
650,000
1,752
236,308
946,318

12,363 64
9,896 27
2,467 37
t80.U4p.c.
2.42 c.
2.65 c.
$
2,580,000
549.UOO
53,458
279,781
987,959

13,042 23
10,391 50
2,650 73
t?9.68 p.c.
2.43 c.
2.78 c.
$
2,580.000
627.300
52,960
268.870
1,000,254

13.6-42 7:
11.3531;.
2.289 6(
83.22 j). c.
2.39 c.
2.75 c.

s

2,5,SO,(XK
627,30<J
51.63.1

156,181:

1,000,055

Accounts
Surplus.

Total Liabilities

4,204,378
2.989,014
389,867
99,610
91,967
549,115
84,805

4,197,598
2,987,121
389,867
99,610
95,771
562,150
63,079

4,090,739
2,941,097
410,441
99,610
85,047
526,015
28,529

4,102,538
2,864,793
436,681
99,610
100,856
576,360
24,238

4.450,198
2,968,909
436,681
309,610
103,220
604,954
26,824

4,529,384
2,988,658
439,547
309,610
118,688
653,754
26,127

4,415.175
3,133,561
426,527
99,611
138,977
574, 45c
42,04?

4,381,298
3,022,060
426,5f|
185,511
159,041
565 8«a

22.332

Railroad
Equipments .

Other Investments

Materials and Supplies
Notes and Accounts
Cash

Total Assets

4,204,378 4,197,598

4,090,739

4,102,538 4,450,198

4,529,384

4,415474

4.3S1.29S

table.

These calculations are based upon the gross earnings, operating expenses, and net earnings given in this

^Included in operating expenses during 1884 was the sum of $27,911 ; during 1885, $58.659.92 ; during 1886,
$71,025.52; during 1887, $111,996.68 : during 1888, $141,162.04 ; during 1889, $125,890.46 ; during 181)0, $189,526.1
and during 1891, $15-2,948.47, properly chargeable to construction account. The percentage of current expenflfl
(excluding these amounts), to traffic earnings was 70.09 per cent, in 1884 ; 64.83 per cent, in 1885 ; 65.23 po;
in 1886 ; 63.68 in 1887 ; 65.74 in 1888 ; 67.59 in 1889 : 65.82 in 1890, and 66.78 in 1891.

Annual meeting, third Wednesday in September. Books close for dividend* on the
15th of March, June, September, and December. Stocks listed on Boston Stock Exchange.

POOR'S MANUAL OF EAILROAD8. 185

General Valance Sheet, June 30, 1891.

-Construction «:}.(. -JJ.IK;I) .V, Capital Stock (par, $100) £2,580,000 00

Equipment 4-Jl),527 66 Dividends Unpaid 51,600 00

lim>-tm«Tts 185,510 00 j Notes Payable 509,200 00

22,33186 Accounts Payable 150,50769

Notes Receivable 66,617 79 Profit and Loss 1,029,984 89

Materials and Supplies 159,039 85 |

Accounts Receivable 499,204 87 \

Total Assets $4,381,292 58 I ^ Total Liabilities $4,381,292 58

Statement showing the rates and dates of all dividends paid by the company was given
in the MANUAL for 1891, on page 167.

Directors (elected September 16, 1891).— John Mulligan, Springfield, Ma^s. ; A. B. Harris.
Boston, Mass. ; Oscar Edwards Northampton, Mass. ; Charles S. Sargent, Brookline, Mass. :
William Whiting, Ilolyoke, Mass. ; Frederick H. Harris, Springfield, Mass. : E. F. Lane,
Keene. X. H. ; James A. Rumrill, Springfield, Mass. ; James H. Williams, Bellows Falls. Vt. ;
J. H. Albin, Concord, N. H.

JOHN MULLIGAN, President Springfield, Mass.

Clerk and Treasurer— Seth Hunt Springfield, Mass. \ Auditor— W. H. Wilson Springfield, Mass.

PRINCIPAL OFFICE AND ADDRESS Springfield, Mass.

CONNECTING TERMINAL RAILROAD COMPANY (The).

Line of Road.— In City of Buffalo, N. Y 1 mile.

Gauge, 4 ft. 8£ in. Rail, 60 Ibs. per yard.

History. — Chartered June 7, 1881 ; rond opened in 1883. Built for the purpose of fur-
nisbiug terminal facilities at Buffalo, N. Y., for through lines of railway.

Operations for year ending June 30, 1891. — Freight moved one mile, 263,288 tons.
Earnings (freight), $121,421.37. Operating expenses — tram-portation, $38,518.34 ; mainte-
nance, $5,177.68 ; general (except taxes), $13,196.20— total, $56,892.22. Net earnings, $64,-
529.15. Add other receipts, $12,970.93— total available revenue, $77,500.08. Payments :
Interest on bonds, $25,000 ; other payments, $8,617.27 ; dividends, $1,200 — total, $34,817.27.
Balance, surplus, $42,682.81 ; surplus from last year, *144, 590.42— total, $187,273.23. Less
charged off for depreciation, $10,000. Surplus as per balance sheet, $177,273.23.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $20,000; funded debt,
1st mortgage 5 per cent, registered 20-year bondf, due 1903, "$500,000 ; open accounts,
$138,386.75 ; accrued interest, $4,166.67 ; profit and lo?s, $177,297.75— total, $701,464.62.
Contra : Co.-t of road, $556,464.88 ; current accounts, $142,995 ; cash on hand, $2,004.74.

Annual meeting, third Tuesday in May. Trustee of bonds, Philadelphia Trust, Safe De-
posit and Insurance Co. Interest on bonds payable May and November, and dividends on last
day of January ; both at company's office. Whole number of annual dividends \ aid to date, 7.

Directors (elected May 19, 1891).— James C. Evans, Edwin T. Evans, Buffalo, N. Y. ;
George B. Bonnell, Frank J. Firth, John E. Payne, Frank Hoffman, Henry H. Houston,
A. D. Hepburn, James S. Swartz, Joseph D. Potts, William H. Barnes, Philadelphia, Pa. ;
William M. Potts, Wyebrooke, Chester Co., Pa. ; William Thaw, Jr., Pittsburgh, Pa.

FRANK J. FIRTH, President Philadelphia, Pa.

Edwin T. Evans, Vice- President Buffalo, N. Y.

#efrctary—A. D. Hepburn Philadelphia, Pa. j Treasurer— P. R. Perkins Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS 234 South Fourth Street, Philadelphia, Pa.

COOPERSTOWN AND CHARLOTTE VALLEY RAILROAD COMPANY.

Line of Road. — Charlotte Crossing to Davenport Center, N. Y 5.08

Leased : Coop. & Susq. Vy. RR. : Cooperstown lo Charlotte Cross., N. Y. 19.48— 24.56 miles.
Sidings (owned, 0.53 ; leased, 2.18), 2.71 m. Gauge, 4 ft. S\ in. Rail (steel), 56 Ibs.

186 POOR'S MANUAL OF RAILROADS.

History. — Consolidation April 13, 1891, of the Cooperstown and Charlotte Valley and
the West Davenport RR. Cos. (See MANUAL for 1891.)

Rolling Stock, June 30, 1891 (all leased).— Locomotive engines, 3. Cars— passenger, 2 ;
baggage, etc., 1 ; freight (box, 6 ; fiat, 6), 12 ; service, 5 — total, 20.

Operations for year ending June 30, 1891. — Train mileage — passenger, 19,718 ; freight,
17,494— total, 37,212 miles. Passengers carried, 42,782 ; carried one mile, 506,097 ; average
mile rate, 4.007 cents. Tons freight moved, 32,386 ; moved one mile, 441,600 ; average ton-
mile rate, 5.955 cents. Earnings— passenger, $20,277.75 ; freight, $26 297.13 ; mail, $1,031.-
80 ; express, $1,193.67 ; other, $186.81 — total, $48,987.16. Operating expenses — transpor-
tation, $11,405.75 ; motive power and cars, $2,780.68 ; maintenance of way, $14,256.70 ; gene-
ral, $3,248.04— total, $31,691.17. Net earnings, $17,295.99. Add rents, $248.19— total
available revenue, $17,544.18. Payments: Interest, $8,915.85; rentals, $1,306.80; other,
$1,286.42— total, $11,50907. Surplus, $6,035.11.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $14,560 ; open accounts,
$9,101.22 ; profit and loss, $6,035.11— total, $29,696.33. Contra: Cost of road, $24,177.14;
open accounts, $1,528.61; cat-h, $3,990.58— total, $29,696.33.

Provision has been made for an issue of first mortgage 5 per cent. 27-year $500 coupon
bonds, dated April 15, 1891, interest payable May and November, to the amount of $45,000,
but none have yet been sold. Annual meeting, last Tuesday in December, at Cooperstown,
N. Y. ; transfer books close thirty days previously. Trustees of bonds, Andrew Davidson,
William Brooks, Charles K. McHarg. Interest payable at Cooperstown, N. Y.

COOPERSTOWN AND STJSaUEHANNA VALLEY RAILROAD. -Cooperstown, N. Y.'
to Charlotte Crossing, N. Y., 19.55 miles. Sidings, 2.18 miles. Gauge, 4 ft. 84 in. Rail (steel, 16.95 miles), 56
Ibs. Chartered July 25, 1865. Road opened from Junction (A. & S. RR.) to Cooperstown, N. Y., July 14, 1869 ;
extension to Charlotte Crossing in 1889. Leased April 30, 1888, to the Cooperstown and Charlotte Valley RR. Co.,
for 99 years from January 1,1889. Operations included in those of the lessee. Financial Statement, June 30,
1891.— Capital stock (par, $100), $308,405 ; funded debt, $144,000 ; loans and bills payable, $37,800 ; profit and loss.

$83,584.01— total, $573,789.01. Contra : Cost of road, $521,226.59 ; equipment, $45,881.37 ; due by agents, $1,059.-
37 : open accounts, $5,621.68 - total, $573,789.01. Funded debt consists of 1st mortgage 5 per cent. 30-year bonds,
dated May 1, 1888, interest May and November ; authorized issue, $200,000. Annual meeting, last Wednesday in
February ; books close ten days in advance. Voting power attaches to stock after thirty days' ownership.
Interest payable at Cooperstown, N. Y. Trustees of bonds, Andrew Davidson, William Brooks, Charles K. Mc-
Harg. HORACE LATHROP, President ; Albert Lane, Vice- President ; S. J. W. Reynolds, Secretary and Treasurer,
Cooperstown, N. T. PRINCIPAL OFFICE, Cooperstown, N. Y.

Board of Directors, Cooperstown and Charlotte Valley RR. Co., June 30, 1891.

Datus E. Siver.. Cooperstown, N.Y.
Edwin M. Harris
John K. Leaning
George Brooke . .

J. Fred Rustle. .Cooperstown, N.Y.
J. Warren Lamb
George L. Gould
Edwin S. Bundy

Jas. W. Tucker. Cooperstown. N.Y.

Thos. S. Blodgett "

Charles R. Burch

George N. Bissell Milford. N.Y.

reorge IN
Robert Orr " West Davenport. N.Y.

DATUS E. SIVER, President and Treasurer Cooperstown, N. Y.

John K. Leaning, Vice- President

Sec. & Gen. Supt.— George Brooks Cooperstown, N.Y. | General Manager— E. M. Harris.. Cooperstown. N.Y.

PRINCIPAL OFFICE AND ADDRESS Cooperstown, N. Y.

CORNING, COWANESQUE AND ANTRIM RAILWAY COMPANY.

Main Line of Road.— Corning, N. Y., to Antrim, Pa 53.00

Cowanesque Valley Branch : Lawrenceville to Mills, Pa 33.30—86.30 mile*.

Sidings, etc., 45.80 miles. Gauge, 4 ft. 8^ in. Rail (steel, 80.3 miles), 60 to 76 Ibs.

History. — Consolidation, January 1, 1873, of the Blossburg and Corning and the Wells-
boro' and Lawrenceville RR. Cos. (See MANUAL for 1888, page 136.) Leased to the Fall
Brook Coal Co. for $150,000 per year. The Fall Brook Coal Co. also leases the Syracuse,
Geneva and Corning, and the Pine Creek Railways, and owns a line from Blossburg to Fall
Brook, Pa., about 7 miles.

Rolling Stock, June 30, 1891.— Locomotive engines, 65. Car.— passenger, 25 ; baggage,
etc., 8 ; freight (box, 289 ; stock, 25 ; coal, 2,952; flat, 10), 3,318 ; caboose, 48 ; other, 37—
total cars, 3,394.

Operations for year ending June 30, 1891.— Train mileage— passenger, 116,007 ; freight,
366,834 ; other, 114,003— total, 596,844 miles. Passengers carried, 190,058 ; carried one mile,

POOR'S MANUAL OF RAILROADS. 187

2,609,268 ; average mile rate, 2.768 cents. TODS freight moved, 3,09?, 76? ; moved one mile.
99,611.560; average ton-mile rate, 0.64 cent. Earnings— passenger, $72,228.07; freight,
$639,598.05 ; mail and express, $9,559.48 ; other, $1,899.52— total ($7,735.67 per mile), $723,-
285.12. Operating expenses — transportation, $181,300.80; motive j o\ver audcars, $61,242.93;
maintenance way, etc., $147,844.75 ; general, $139,687.27— total ($7,380.08 per mile). $530,-
Net earnings (26.72 per cent.), $193,209.37. Payments : Rentals, $150,000 : taxes,
$9,962.17— total, $159,962.17. Balance, surplus, $33,247.20.

Lessors' Income Account, June 30, 1891.— Rental, $150,000. Paid dividends (September
and December, 1889, and March and June, 1890), $150,000, being 12 per cent, on preferred
stock and 6 per cent, on common.

Financial Statement (Lessor], June 30, 1891.— Capital stock (par, $50), common, $1,500,-
000 ; preferred. $500,000 ; 6 per cent. 15-year debenture bonds, due May 1? 1898, interest
May and November, $1,250,000; sundry accounts, $4,758.69; profit and loss, $12,378.96—
total, $3.267,137.65. Contra : Cost of road, $3,250,000 ; other investments, $13,868.65 ; sun-
dries, $3,269— total, $3,267,137.65.

Annual meeting, second Wednesday in November. Voting power attaches to stock after
30 days' ownership. Trustee of bonds. Fidelity Insurance Trust and Safe Deposit Co.,
Philadelphia, Pa. Dividends payable quarterly at the office of company.

Directors. — George J. Magee. Daniel Beach, John Lang, John Magee, Watkins, X. Y. ;
Daniel C. Howell, Bath, X. Y. ; Alfred L. Edwards, New York, N. Y. : Henry Sherwood,
Wellsboro', Pa.

GEORGE J. MAGEE, President Corning. N. Y.

Vice-Pres. and Treas.— Daniel Beach Corning. X. Y. j Secretary— L. B. Robinson Corning, N. Y.

Officers of Fall Brook Coal Company, Lessee.

2d V.-P. & Gtn. Counsel— Daniel Beach.. Corning, N. Y.
See. d- AMt. Twos.— John H. Lang

Pre* ident— George J. Magee Corning, N. Y.

1st Vice-Prff. and Trea^.—John Lang.

PRINCIPAL OFFICE AND ADDKESE. LESSEE COMPANY Corning, N. Y.

CORNWALL AND LEBANON RAILROAD COMPANY.

Main Line of Road.— Lebanon, Pa., to Conewago. Pa 21.66

Branches: No. Lebanon, 0.34 ; Cornwall Ore, 1.17 ; E. Lebanon, 0.95 2.46—24.12 miles.

2d track, 11.80 ; sidings, 9.17 miles. Gauge. 4 ft. 8* in. Rail (steel), 60, 70, and 85 Ibs.

History. — Consolidation June 1, 1886, of the Cornwall and Lebanon and the Colebrook
Valley RR. Co*. (See MANUAL for 1891.)

Rolling: Stock, June 30, 1891. — Locomotive engines, 9. Cars — passenger, 14 ; baggage,
3 ; freight (platform, 20 ; coal, 500), 520 ; caboose, 3 ; other cars, 17 — total cars, 557.

Operations for year ending June 30, 1891. — Train mileage — passenger, 105,091 ; freight,

72,917 ; other, 76,543— total, 254.551 miles. Passengers carried, 255,918; carried one mile,

~76; average mile rate, 1.78 cents. Tons freight moved, 786,154; moved one mile,

11,677,015 ; average ton-mile rate. 1.64 cents.

Famines. -Passenger $44.874 14 Expenses.— Transportation «88r128 09

Freight 191.507 83

Mail and Express 2.320 35

Miscellaneous 2.529 44

Total ($10,0)1.32 per mile) $241.231 76

Maintenance of Equipment 14.905 85

Maintenance Way and Structures 23,406 77
General... 16.851 31

Total ($5.940.81 per mile) $143,292 02

Net earnings (40.57 per cent.), $97,939.74. Payments : Interest on bonds, $30,500 ; in-
terest on debt, $15,782.39; dividends (January and July, 1891, 3 per cent, each), $28,000 :
taxes, $5,248.18 ; improvements, $9,870.42— total, $89,400.99. Balance, surplus, $8,538.75 ;
add surplus from last year, $66,699.07— total surplus, $75.237.82.

Financial Statement, June 30, 1891.— Capital stock (par. $50), $800,000; funded debt.
$800,000; bills payable, $100,824.71 ; current accounts, $2,207.11 ; other liabilities, $9,855 ;
profit and loss, $75,237.82— total, $1,788,124.64. Contra : Cost of road, $1,350,655.03 ; rolling
stock, $177,655.03 ; real estate and buildings, $36,000 ; bills receivable, $109,506.68 ; current
Accounts, $11,584.04; cash, $102,617.47— total, $1,788,124.64.

188 POOR'S MANUAL OF RAILROADS.

Funded debt consisted, June 30, 1891, of —

1st mortgage reg. 5 per cent. 20-year $100, $500, and $1,000 bonds, due July 1, 1902, int. Jan. and July .. $13,800

1st mtire. reg. 5 per cent. 30-year $100. $250, $500, and $1,000 bonds, due April 1, 191f!, int. Apr. and Oct. . 6fi,600

1st mortgage reg. 5 per cent. 25-year bonds, due July 1, 1914, interest January and July 1,500

1st mtge. reg. 5 per cent. 30-year bonds, duo April 1^ 1921, int. payable April and July '(auth., $800,000) 718,100

Interest and dividends payable at company's office. Annual meeting1, second Monday in
January, at Lebanon, Pa. Trustees of bonds of 1902, 1914, and 1916 : William S. Huber,
Jacob H. Redsecker. The new 5 per cent, bonds were issued to retire all prior liens and to
provide means for paying off the floating debt. They are of denominations of $100, $250,
$500, and $1,000. Trustees, C. Henry and W. S. Huber.

MOTJNT G-RETNA NARROW-GAUGE RAIL WAY. -Mount Gretna Park to Governor Dick,
about 4 miles. Opened June 25, 1889, closed October 31, 1889 ; number of passengers carried, 34,320. Equip-
ment : 2 locomotives, 8 passenger coaches and 6 dumps, included in above statement for C. & L. Gauge of the
roads is 2 feet ; rail (steel\ 30 Ibs.; stone ballast. Not incorporated ; run in connection with Mount Gretna Park.

Board of Directors, Cornwall and Lebanon RR. Co., elected January 12, 1891.

John Meily Lebanon, Pa. > A. Hess Lebanon, Pa. Charles W. Few Lebanon, Pa.

Grant Weidman '• " | J. H. Redsecker '• " C. Shenk "

George D. Rise Lebanon, Pa.

ROBERT H. COLEMAN, President Cornwall, Pa.

Secretary—George D. Rise Lebanon, Pa. | Treasurer— Allen D. Hoffer Lebanon, Pa.

PRINCIPAL OFFICE AND ADDRESS Lebanon, Pa.

CORNWALL RAILROAD COMPANY.

Line of Road. — Lebanon, Pa., to Mount Hope, Pa 12.67 miles.

3d track, 3 ; sidings, 12.71 m. Gauge, 4 ft. 8£ in. Rail (steel, 21.39 in.), 60 and 75 Ibs.

History. — Chartered May 25, 1850 ; road opened January, 1854. The Cornwall and
Mount Hope RR. was consolidated with this company October 31, 1886.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 7. Cars— passenger, 6; combina-
tion, 3 ; box, 1 ; caboose 1 ; other, 30 — total cars, 41.

Operations for year en ling June 30, 1891. — Train mileage— passenger, 36,812 ; freight,
20,268— total, 57,080. Passengers carried, 167,042 ; carried one mile, 1,158,756 ; average mile
rate, 1.97 cents. Tons freight moved, 906,359; moved one mile, 5,438,154 ; average ton-mile
rate, 1.77 cents. Earnings— passenger, $22,778.38; freight, $96,114.52; mail, $271.88;
•express, $781.40; other, $386.93— total, $120,333.11. Operating expenses— transportation,
$39,197.51 ; motive power, $8,972.23 ; maintenance of cars, $2,174.30 ; maintenance of way,
etc., $27,245.71 ; general, $6,886.59— total, $83,976.34. Net earnings (30.21 per cent.), $36.-
35677. Paid interest on debt, $3,156.66 ; taxes, $2,170.60— total, $5,327.26. Balance, sur-
plus, $31,029.51. Surplus from last year, $439,938.28— total surplus, $470,967.79.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $400,000 ; current
accounts, $62,143; profit and loss, $470,967.79— total, $933,110.79. Contra: Cost of road,
$677,734; equipment, $189,277.51; real estate, etc., $44.319.10; cash on hand, $21,780.18
—total, $933,110.79.

Annual meeting, second Monday in January, at Lebanon, Pa.

Directors (elected January 12, 1891).— William C. Freeman, R. Percy Alden, J. P. Jack-
son, E. C. Freeman, Cornwall, Pa. ; D. S. Hammond, Lebanon, Pa.

WILLIAM C. FREEMAN, President Cornwall, Pa.

R. P. Alden, Vice- President Cornwall, Pa.

Treasurer— D. S. Hammond Lebanon, Pa. | Secretary— J '. P. Jackson Cornwall, Pa.

PRINCIPAL OFFICE AND ADDRESS Lebanon, Pa.

COUDERSPORT AND PORT ALLEGANY RAILROAD COMPANY.

Line of Road. — Port Allegany, Pa., to Coudersport, Pa 17

Leased : Coudersport and Pine Creek RR., Coudersport to Sweden Val., Pa 5 — 22 miles.

Sidings, 4 miles. Gauge, 4 ft. 8£ in. Rail (steel), 60 Ibs. per yard.

History. —Chartered April 12, 1882 ; road opened September 29, 1882, with 3 feet gauge;

POOR'S MANOAL OF RAILROADS. 189

gauge made standard in 1889. On September 18, 1890, leased the Coudersport and Pine
I'rrrk KR. F<>r terms of lease see subjoined statement.

Rollins: Stock, June 30, 18'Jl. — Locomotive engines, 3. Cars — passenger, 5 ; freight (box)
60— total car?, 65.

Operations for year ending June 30, 1891. — Train mileage, 26,500 miles. Pas?engers

;••<!. 2e,7i<>; carried one mile, 838,587; average mile rate, 4.86 cents. Tons freight
moved, 116,581 ; moved one mile, 259,431 ; average ton-mile rate. 1.94 cents. Earnings —
passenger $16,464 ; freight, $50,481 ; other, $210 — total, $67,155. Operating expenses,
$31.346. Net earnings, $27,357. Payments: Interest on bonds, $10,440; dividends on
stock, $10,440 ; other payments, $13,000— total, $33,880. Balance, surplus, for year, $3,917.
us from last year, $1,954.70 — total surplus, $5,871.70.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $174,000 ; funded debt
(1st mortgage 6 per cent. 21-year coupon bonds, due July 1, 1910, interest payable January
and July ), $75,000 ; profit and loss, $4,468— total, $253,468. Contra : Cost of road, $202,518;
rolling stock, $50,900.

This company paid 6 per cent, dividend in 1883, 9 per cent, in 1884, 6 per cent, in 1885,
6 per cent, in 1886, 8^ per cent, from the earnings of 1887, 9|- per cent, for 1888, 10 per cent
in 1889, and 6 per cent, in 1890. On September 18, 1890, a stock dividend of 16 per cent,
was declared, amounting to $24,000, and stock issued pro rata to the stockholders, increasing
the capital stock to $174.000.

COUDERSPORT AND PINE CREEK RAILROAD. -Projected line of Road.-Condersport to
Galeton, Pa., 24 miles. Completed: Coudersport to Sweden Valley. 5 miles. Gauge, 4 ft. 8i in. Rail (steel). 60
Ibs. Chartered December 20. 1889 ; road completed as above in 1890. On September, 18. 1890, leased to the Cou-
dersport and Port Allegany RR. Co. at an annual rental of 6 per cent, on capital stock. Capital stock, represent-
• f road. $51.500. J. L. KNOX. President. Coudersport, Pa.; F. H. Root, Vict-Pre*i<!fnt, Buffalo, N. Y. ;
A."B. Mann, .^ci-'tai-y ; W. K. Jones. Tracuurer, Coudersport, Pa. PRINCIPAL OFFICE AND ADDRESS, Conders-
port. Pa.

Board of Directors, Coudersport and Port AUegany RR. Co., elected January 1, 1892.

C. S. Carey Olean. N. Y. I B. D. Hamlin Smethport. Pa. j M. S. Thompson . .Coudersport. Pa.

F. II. Root Buffalo, X. Y. | H. C. Blakslee Olean. X. Y. | A. G. Olmsted

Isaac Benson Coudersport, Pa. j R. L. Xichols Coudersport, Pa.

JAMES L. KNOX, President Coudersport, Pa.

C. S. Carey, Vice-President Olean, N. Y.

Secretary— A. B. Mann Coudersport, Pa. j Treasurer— W. K. Jones Coudersport, Pa.

PRINCIPAL OFFICE AND ADDRESS Coudersport, Pa.

COVINGTON, FLEMINGSBURG AND ASHLAND RAILROAD,

Line of Road. — Johnson, Ky., to Hillsboro', Ky 18.50 miles.

Gauge, 3ft, Rail, 35 Ibs.

History. — Chartered April 15, 1891, as successor to the Cincinnati and Southeastern Ry.
Co., whose property was sold under foreclosure. (See MANUAL for 1891.)

Rolling Stock. — Locomotive engine, 1. Cars — passenger, 2 ; freight, 8.

Financial Statement.— Not furnished.

Directors (elected April 15, 1891).— B. S. Brown, W. W. Franklin, Columbus, O. ; H. K.
McHarg, New York, N. Y. ; David Willson, Watson Andrews, Flemingsburg, Ky.

W. W. FRANKLIN. President Columbus, 0.

Tlce-Pre#. t{- Tre a*. —Watson Andrews. Flemingsburg, Ky. | Sec. & Gen. Mgr.— X. S. Dudley.Flemingsburg, Ky.

PRINCIPAL OFFICE AND ADDRESS Flemingsburg, Ky.

CRESSON, CLEARFIELD COUNTY AND N. Y. SHORT ROUTE RR. CO.

Line of Road. — Cresson, Pa., to Irvona, Pa 27.50

Branches to Mines : Condron, 1.6 ; Coalport, 0.62 2.22— 29.72 miles

Sidings, 3.45 miles. Gauge, 4 ft. 9 in. Rail (steel). 56 Ibs.

History,— Chartered December 19, 1882; main Kne opened in 1886; branch, in 1890.

190 POOR'S MANUAL OF RAILROADS.

Rolling Stock, June 30, 1891. — Locomotive engines (1 leased), 4. Cars — passenger, 3 ;
freight (box, 2 ; platform, 1 ; coal, 220), 223— total, 226. Coal cars held under car trust. '

Operations for year ending June 30, 1891. — Train mileage — passenger, 44,910 ; freight,
45,800 ; other, 1,345— total, 92,055 miles. Passengers carried, 100,785 ; carried one mile, 771,1
234 ; average mile-rate, 3.27 cents. Tons freight moved, 334,549 ; moved one mile, 5,349,473;
average ton-mile rate, 1.55 cents. Earnings— passenger, $25,242.91 ; freight, $83,008.05 ;
mail, $1,096.19; express, $227.90; other, $14,852.49— total, $124,427.54. Operating ex-
penses— transportation, $31,649.94; maintenance of cars, $4,905.26; maintenance of way
etc., $19,896.82 ; general, $5,397.56— total, $61,849.58. Net earnings, $62,577.96 ; add other
receipts, $4,500— total net income, $67,077.96. Paid interest on bonds, $45,000 ; on car
trust, $3,000 ; on debt, $112.50; sinking fund, $10,000 ; other payments, $15,789.11— total,
$73,901.61. Balance, deficit, $6,823.65.

Financial Statement, June 30, 1891.— Capital stock, $1,000,000 ; funded debt 1st mort-
gage 6 per cent. 20-year $500 and $1,000 gold coupon bonds, due May 1, 1904, interest May
and November, $750,000 ; 6 per cent. 10-year $1,000 coupon car trust certificates, due Febru-
ary 1, 1900, interest February and August, $90,000; current accounts, $53,110.66 ; accrued
interest, $9,750; profit and loss, $19,375.82— total, $1,922,236.48. Contra: Cost of road,
$1,819,902.19; equipment, $29,939.77; real estate, $15,200; cash on hand, $1,679.70; uucol-
lected accounts, $55,514.82— total, $1,922,236.48.

Annual meeting, second Monday in January, at Altoona, Pa. ; books close 60 days pre-
viously. Trustee of bonds, American Loan and Trust Co., New York, N. Y. Voting power
attaches to stock after 60 days' ownership. Interest payable in New York, at the office of
Morton, Bliss & Co.

Directors.— Charles E. Pugh, Philadelphia, Pa. ; George T. Bliss, Joseph M. Duell, New
York, N. Y. ; John P. Levan, J. W. Curry, Altoona, Pa. ; O. W. Gardner, Martin Bell, Jr.,
James Condron, William P. Smith, P. W. Snyder, Hollidaysburg, Pa.; Samuel Hegarty,
Coalport, Pa.

A. S. MORROW, President Hollidaysburg, Pa.

George T. Bliss, Vice-President New York, N. Y.

Secretary and Treasurer— R. A. Gardner Altoona, Pa. | General Manager— W. P. Rathbun Cresson, Pa.

PIUNCIPAL OFFICE AND ADDKESS Cresson, Pa.

Stock Transfer Office Altoona, Pa.

CROOKED CREEK RAILROAD AND COAL COMPANY.

Line of Road.— Lehigh, la., to Judd, la 9.7

Leased : Webster City & S. W. RE.: Border Plains Jc., to Webster City, la. 13.5— 23.2 miles.
Sidings, 0.5 mile. Gauge, 4 ft. 8^ in. Rail. iron. 30 ; steel (0.5 mile), 41f , 50, and 56 Ibs.

History. — Chartered November 8, 1875 ; road opened November 15, 1876.

Rolling- Stock, June 30, 1891. — Locomotive engines, 2. Cars — freight (coal), 10 ; caboose,
l_total, 11.

Operations for year ending June 30, 1891. — Train mileage, passenger and freight
statistics not reported. Earnings— passenger, $611.72; freight, $9.582.07; mail, $757.24;
express, $30; coal, $6,047.15— total. $18,427.14. Operating expenses — maintenance of way,
$3,175.25; of equipment, $796.16; transportation, $5,983.80; general, $3,478.73— total,
$13,393.94. Net earnings, $4,033.20. Paid rents, $2,460.46; taxes, $1,174.71— total, $3,-
635.17. Net income, $398.03. Surplus forward, $2,866.85— total, $3,264.88.

Financial Statement, June 30, 1891.— Capital stock, $225.000 ; profit and loss, $3,264.88
—total, $228,264.88. Contra: Cost of road, $59,815 ; equipment, $22,310 ; coal, plant, and
other real estate, $142,875 ; cash and account, $3,264.88— total, $228.264.88.

WEBSTER CITY AND SOUTHWESTERN RAILROAD.-Border Plains June, to Webster
City, la., 13. 5 miles. Gauge, 4 f t. 8^ in. Rail (steel), 50 Ibs. Road opened in 1887. Leased to the Crooked Creek
RR. and Coal Co., and by the terms of the lease, after paying the expenses of operation, the profits are to be
divided equally between the two roads, on the basis of the actual cost of each road. Capital stock, $54,00"

POOR'S MANUAL OF RAILROADS. 191

C RR. & C. Co., $104,302.38— total, $155,362.38. Contra : Cost of road, $150,000; real estate, $8,363.38— total,
\ K. HAMILTON, I'rrxidftif, Milwaukee, Wis.; J. M. Funk, Secretary ami Trratwrer, Webster City,
KSE.KAL OFKK K, Lehigh, la.

Board of Directors, Crooked Creek RR. Co., elected July 26, 1890.

J M Funk .. .Webster City, la. I A. K. Hamilton .. .Milwaukee, Wis. J. Q. Burnham Milwaukee, Wig.

Mrs. K. J. L. Hanson . .Chicago, 111. I W. C. Willson Webster City, la. Chas. T. Burnham. "

W. C. WILLSON, President and General Manager Lehigh, la.

John Q. Burnham, Vice-President Milwaukee. Wi8.

Secretary and Treas.—J. M. Funk. . . . Webster City, la. | Auditor— C. L. Mover Lehigh, la.

PRINCIPAL OFFICE AND ADDRESS Lehigh, la.

CRYSTAL RAILWAY COMPANY.

Line of Road.— Crystal City, Mo., to Silica, Mo 3.28 miles.

Sidings, 1.25 miles. Gauge, 4 ft. 8fc in.

History. — Chartered November 27, 1880, as successor to Crystal City RR. Co., and road
opened the same day.

Rolling Stock. — Locomotive engines, 3. Cars — baggage, etc., 1 ; freight (coal), 15 ;
caboose, 1 ; other, 5 — total, 22.

Operations for year ending June 30, 1891. — Train mileage not reported. Passengers
carried, 1(5,963; carried one mile, 59,370. Earnings— passenger, $2,544.47; freight, $16,-
124.13; mail, $303.32 — total, $18,971.92. Expenses — transportation and motive power, $6,-
421.93 ; maintenance of cars, $2,420.91 ; way and buildings, $5,394.49 ; general, $221.72—
total, $14,459.05. Net earnings, $4,512.87. Paid interest on bonds; $4,500; taxes, $550.87
—total, $5,050.87. Deficit, $538 ; deficit forward, $80.27— total, $618.27.

Financial Statement, June 30, 1891. — Capital stock (authorized, $30,000 ; subscribed,
$3,000), $150 ; funded debt, 6 per cent. 10-year $1,000 coupon bonds, due January 1, 1895,
interest January and July, held by Crystal Plate Glass Co., $75,000 ; accounts due Crystal
Plate Glass Co., $20,134.90— total, $95,284.90. Contra : Cost of road, $65,024.86 ; rolling
t-tock, $29,641.77; profit and loss, $618.27— total, $95,284.90.

Directors. — Carlos S. Greeley, James M. Leete, E. T. Allen, Henry Hitchcock, Ethan
A. Hitchcock, St. Louis, Mo.

E. A. HITCHCOCK, President St. Louis, Mo.

J. M. Leete, Vice-President St. Louis, Mo.

Treasurer <£• At/ditm — C. W. Barm-* St. Louis, Mo. | Secretary— E>. T. Allen St. Louis, Mo.

PRINCIPAL OFFICE AND ADDRESS St. Louis, Mo.

CURRENT RIVER RAILROAD COMPANY.

Line of Road.— Willow Springs to Grandin, Mo 81.95 miles.

Siding?, etc., 9.01 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History. — Chartered January 15, 1887, to build from Willow Springs to a point on the
Mississippi opposite Cairo, 111., about 170 miles. Road completed as above, July 1, 1888.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 6. Cars — combination, 2 ; freight
(box, 100; platform, 100; caboose, 4), 204— total, 206.

Operations for year ending June 30, 1891.— Traffic statistics not reported. Earnings-
passenger, $20,161.98 ; freight, $133,632.06; other, $13,551.08— total, $167,345.52. Operat-
ing expenses, $114,160.30. Net earnings, $53,185.22. Paid interest on bonds, $80,300.
Deficit, $29,947.79.

Financial Statement, June 30, 1891.— Capital stock (par, $100). $1,606,000 ; funded
debt outstanding (1st mortgage 5 per cent. 40-year $1.000 bonds, due October 1, 1927, interest
payable April and October at the Boston National Union Bank [guaranteed by the K. C., Ft.
S. & M. RR. Co., and limited in issue to $20.000 per milej), $1,606,000.

192 POOR'S MANUAL OF RAILROADS.

Directors (elected in March, 1891). — Geo. H. Nettleton, Wallace Pratt, J. S. Ford, I. P.
Dana, J. H. Emmert, Kansas City, Mo.

GEO. H. NETTLETON, President and General Manager Kansas City, Mo.

Treas. and Tran*. Agt.—Chns. Merriam. .Boston, Mass. | Secretary and Compt,.—S. 8. Ford Kansas City, Mo,

PRINCIPAL OFFICE AND ADDKESS Kansas City, Mo.

Financial Office and Transfer Agency Boston, Mass.

DANVILLE AND SHAMOKIN RAILROAD COMPANY. (In Progress.)

Line of Road.— Shamokin, Pa., to Danville, Pa 19 miles.

Track laid, 0.17 mile ; total track, 0.199 mile. Gauge, 4 ft. 8i in. Rail, 56 Ibs.

History. — Chartered June 14, 1879. Construction begun same year. Will connect the-
Mahonoy and Shamokin and the Catawissa and Williamsport branches of the Philadelphia
and Reading RR. Capital stock authorized (par, $50), $500,000 ; subscribed, $250,000 ; paid
in December 31, 1887, $26,710. Cost of RR. as built (0.199 in.), $26,710. The road stands
(partly constructed) as it has for ten years or more.

Directors. — George De B. Keim, James Boyd, Thomas Dolan, A. J. Antelo, Samuel R.
Shipley, W. R, Taylor, Philadelphia, Pa.

Annual meeting, second Monday in January.

A. A. McLEOD, President Philadelphia, Pa.

Secretary— Howard Hancock Philadelphia, Pa. | Treasurer— John Welch Philadelphia, Pa,

PKINCIPAL OFFICE AND ADDRESS 227 South Fourth St., Philadelphia, Pa.

DANVILLE AND WESTERN RAILROAD COMPANY.

Line of Road.— Danville, Va., to Stuart (Patrick C. H.), Va 75.09

Operated : Danville, Mocksville and Southwestern ER 8.00 — 83.09 miles.

Gauge, 3 ft. Rail (steel, 40 miles), 35 Ibs. per yard.

History.— Reorganization January 14, 1891, of the Danville and New River RR. Co.,
whose road was sold under foreclosure, August 26, 1890. Controlled by the Richmond and
Danville RR. Co. (which see), which guarantees principal and interest of the bonds.

Rolling- Stock Jure 30, 1891. — Locomotive engines, 5. Cars — passenger, 5; baggage,
etc., 2 ; freight (box, 24 ; stock, 1 ; platform, 29), 54 — total, 61. Also 1 caboose and 2 other
cars.

Operations for year ending June 30, 1891. — Train mileage — mixed, 102,168 ; other, 25,-
542— total, 127,710 miles. Passengers carried, 35,064 ; carried one mile, 1,227,240. Tons
freight moved, 20,484 ; moved one mile, 737,424. Earnings — passenger, $27,536.39 ; freight
$60,904.53 ; mail, $4.122.12 ; express, $739.41 ; other, $1,334.66— total, $94,637.11. Expense^
— transportation, $£7,066.71 ; motive power and cars, $8,100.93; maintenance of way anp
buildings, $23,941.97 ; general, $11,367.48— total, $70,477.09. Net earnings (25.53 per cent.),
$24,160.04. Paid taxes, etc., $19,528.80. Balance, surplus for year, $4,631.24.

Financial Statement.— Capital stock (par, $100), $368,600. No regular statement fur-
nished. The company reports that the funded debt outstanding, June 30, 1891, consisted of
$1,052,000 first mortgage 5 per cent, bonds, dated February 4, 1891, due October 1, 1936, in-
terest payable April and October. Cost of road and equipment to the old company was $682,-
048, as of June 30, 1889.

DANVILLE, MOCKSVIL.LE AND SOUTHWESTERN RAILROAD.- Candid.-. In
Va., to Leaksville, N. C., 8 miles. Gauge, 3 ft,. Rail, 35 Ibs. Chartered March 3. 1SK1. to build a ra'lroad from
Danville, Va., to Mooresville, N. C., 120 miles, with a branch from Walnut Cove to Wilkesboro\ N. C., 50 miles.
Road opened as above in April, 1882. Receiver appointed in 1885. Capital stock. $84,000. of which the Richmond
and West Point Terminal Co. owns $49,000. J. T. MOUEHEAO, Receiver, Leaksville, Ga.; THOMAS K. SHAHJ-E.
President, New York, N. Y.>

POOR'S MANUAL OF RAILROADS. 193

Board of Directors, Danville and Western RR. Co.

.loliu II. Inman New York. N. V.

Thomas M. Logan.

Thomas ... "

James G. Penn Danville, Va.

,1 osrnli D. Blair Danville, Va.

Charlea H. Coniad " "

D. \V. Spencer Spencer, Va.

II. c. Lrstcr Alartinsville.Va.

J. H. Rangely Stuart, Va.

A. B. ANDREWS, President Raleigh, N. C.

(,-fn. Supt.—G. K. Griegs Danville, Va. ] Secretary— W. H. Marbury Alexandria

. I nditor—1). P. Stallard Danville, Va.

PRINCIPAL OFFICE AND ADDRESS Danville. Va.

DARDANELLE AND RTJSSELLVILLE RAILROAD COMPANY.

Line of Road,— Dardanelle, Ark., to Russell ville, Ark 4.5 miles.

Sidings. 0.5 mile. Gauge, 4 ft. 8£ in. Rail — iron, 35; steel (1 mile), 40 Ibs.

History.— Chartered February, 1883. Road opened August 15, 1883.

Rolling Stock. — Locomotive engine, 1. Passenger car, 1 ; combination car, 1.

Operations for year ending May 31, 1891. — Train mileage (mixed), 10,800 miles. Pas-
:sengers carried, 11,02'2 ; carried one mile, 49,599. Tons freight moved, 7,560; moved one
mile, 34,020. Earnings— passenger, $6,613.55 ; freight, $19,188.03 ; mail, express, etc.,
i$l,574.51— total, $27,376.09. Operating expenses, $22,587.89. Net earnings, $4,788.20.
Paid interest OH bonds, $1,911. Surplus, $2,877.20.

Financial Statement, May 31, 1891.— Capital stock (authorized, $45,000) paid in, $27,300 ;
{funded debt, 1st mortgage 7 per cent. 20-year coupon $500 bonds, due June 1, 1903, interest
June and December, $12,000 ; 2d mortgage 7 per cent, bonds, dated April 1, 1884, interest
payable April and October, $27,300— total stock and bonds, $66,000. Contra : Cost of road
$38,000; equipment, $5,000; real estate, etc., $2,550— total, $45,500.

Annual meeting, fourth Tuesday in March, at Dardanelle, Ark. Interest payable at
German Bank, Little Rock, Ark. ; dividends at office of Treasurer. Trustees of bonds, G.
W. Hughes, C. T. Walker, U. M. Kose, Little Rock, Ark. Registrar of stock, L. C. Hall,
Dardanelle, Ark.

Directors (elected March 26, 1891).— G. L. Kimball, Thomas Cox, Max Kaufman, John
A. Ross, W. B. Lemoyne, L. C. Hall, Dardanelle, Ark. ; D. L. Bourland, Little Rock, Ark.

GEOBGE L. KIMBALL, President Dardanelle, Ark.

D. L. Bourland, Vice- President Little Rock, Ark.

Trecuvrer—W. B. Lemoyne Dardanelle, Ark. | Secretary and Auditor— I,. C. Hall. . .. Dardanelle, Ark.

PRINCIPAL OFFICE AND ADDRESS Dardanelle, Ark.

DAYTON AND UNION RAILROAD COMPANY.

Main Lineof Road. — Union City, Ind., to Dodson, 0 31.69

Trackage : Dayton & Western RR. : Dodson, 0., to Dayton, 0 15.26—46.95 miles.

ndings, etc., 4.43 miles. Gauge, 4 ft. 8i in. Rail (steel, 31.69 miles), 56 and 60 Ibs.

History.— Reorganization, January 19, 1863, of the Greenville and Miami RR. Co., whose
oad was sold under foreclosure October 30, 1862. (See MANUAL for 1888, page 433). Right
f way over the Dayton and Western RR. is leased from the P., C. and St. L. RR. Co., at an
nnual rental of $10,000. Operated by the Cleveland, Cincinnati, Chicago and St. Louis Ry.
o., which, jointly with the Cincinnati, Hamilton and Dayton, owns the capital stock.

Rolling Stock, October 31, 1891. — Locomotive engines, 4. Cars — passenger, 5 ; baggage,
tc., 1 ; freight (box, 54 ; platform, 1 ; caboose, 1), 56— total cars, 62.

Operations for year ending October 31, 1891.— Train mileage— passenger, 94,639 ;
ireight, 57,506; other, 986— total, 153,131 miles. Passengers carried, 137,679; carried one
nile, 2,712,711. Tons freight moved, 140,766 ; moved one mile, 4,585,359. Earnings—
senger. $70,107.71 ; freight, $69,661.43 ; mail, $2,346.18 ; express, $2,589.30— total, $1^44, -
Expenses— transportation, $34,879.96 ; motive power, $4,710.95 ; maintenance o'f
ars, $3,650.24 ; way and buildings, $16,321.13 ; general, $17,463.36— total, $77,025.64. Ne
13

194 POOR'S MANUAL OF RAILROADb.

earnings, $69,109.43. Payments : Interest on bonds, $21,080 ; rental, $13,915.04 ; other,
$3,876.77— total, $38,871.81. Surplus, $30,237.67 ; surplus forward, $30,420.50— total,'
$00,658.17.

Financial Statement, October 31, 1891 .—Capital stock, $86,300; funded debt outstand-
ing-, $315,000; bond scrip, $1,080; bonds redeemed, $211,364.88; new equipment fund,
$2,450 ; profit and loss, $60,658.17 ; current accounts, $35,796.49— total, $712,649.54. Contra :
Cost of road. $623,075.62: materials and fuel, $23,196.68; current accounts, $7,198.88;
cash on hand, $59,178.36— total, $712,649.54,

Funded debt consists of $225,000 (authorized, $325,000) 1st mortgage sinking fund 7 per
cent. 30-year coupon $1,000 bonds, dated December 1, 1879, interest payable June and De-
cember ; $90,000 (authorized, $225,000) 6 per cent, income $1,000 registered bonds, dated
December 1, 1879, due December 1, 19^09, interest payable June and December ; and $1,080
income bond scrip.

Annual meeting, first Tuesday in January, at Dayton, 0.; books close 10 days previously.
Coupons payable at American Exchange National Bank, New York. All surplus earnings
over interest go to a sinking fund for the redemption of bonds at not over 100. Capital stock
authorized, $1,000,000; par, $100.

Directors (elected January 1, 1891).— H. F. Shoemaker, J. D. Layng, New York, N. Y. ;
G. S. Rupsell, H. H. Peppleton, Cleveland, O. ; R. E. Marshall, Dayton, O. ; Joseph Ramsey,
Jr., M. D. Wood ford, Julius Dexter, Eugene Zimmerman, Cincinnati, 0.

H. F. SHOEMAKER, President New York, N. Y.

Joseph Ramsay, Jr., Vice-President and General Manager . . .Cincinnati, O.

Secretary— G. S. Russell Cleveland, O. | Auditor— P . A. Hewitt Cincinnati, O.

Treasurer— F. H. Short Cincinnati, O.

PRINCIPAL OFFICE AND ADDRESS Cincinnati, O.

Transfer Office. . Cleveland, O.

DEADWOOD CENTRAL RAILROAD COMPANY.

fl? . { Deadwood, S. D., to Lead City, S. D 3.33

1 : \ Pluma, S. D., to Ruby Basin, S. D 9.44—12.77 miles.

Gauge, 3 ft. Rail (steel), 40 Ibs.

History. — Chartered August, 1888 ; Lead City line during 1889 ; Ruby Basin line early
in 1891. By means of a third rail the company runs over the B. & Mo. R. RR. from Dead-
wood to Kirk, 3.88 miles.

Rolling: Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 4 ; baggage,
etc., 1 ; freight, 7 ; ore, .15.

Financial Statement.— Capital stock, $315,000 ; current accounts, $25,000— total, repre-
senting cost of road and equipment to June 30, 1891, $340,000.

Annual meeting, second Tuesday in January, at Deadwood, S. D. ; transfer books close
five days previously, and stock owned then may be voted at the meeting.

Directors.— J. Swift, Wilmington, Del. ; Edwin Van Cise, J. R. Wilson, E. M. Dal.-,
A. W. Coe, Deadwood, S. D.

JOSEPH SWIFT, President Wilmington, Del.

E. Van else, Vice-President Deadwood, S. D.

See., Treas. and Gen. Man.— A. W. Coe. Deadwood, S. D. | G. 8npi., C. E. and Avd.—JF. W. Sha\v..Doad\voo(l. S. D.
Purchasing Agent— G. W. Pennypeecker Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS Deadwood, S. D.

DECATUR, CHESAPEAKE AND NEW ORLEANS RAILWAY COMPANY.

Line of Road Projected. — Gallatin, Tenn., to Aberdeen, Miss 250 miles.

Completed : Bonneville, Tenn., to Ala. and Tenn. State Line 34 miles.

Gauge, 4 ft. 9 hi. Hail (steel), 56 Ibs.

History. — Incorporated in Tennessee in 1887, in Alabama in 1888. Road completed 'as

POOR'S MANUAL OF RAILROADS. 195

above in the summi'r of 1889. The company was awarded a subsidy of $150,000 by Lincoln
I'oiinty. Temi.. for the poitinu of the road completed. A receiver was appointed in December,
>f the road was ordered for August 10, 1891, but it has been indefinitely post-
no bids haviuir been offered. In July, 1891, the company proposed a compromise with
;iu>rs by which the bondholders and lien creditors would receive $1.20 in bonds and 50
in stock, and non-lien creditors $2 in stock f<>r each dollar of their claims.
Financial Statement.— Capital stock authorized ($20,000 per mile), $3,000,000; funded
ithorized, 1st mortgage 6 per cent. 40-year $1,000 gold bonds, due July 1, 1921, autlior-
: rate of $20,000 per mile. Trustee : American Loan and Trust Co., New York, X. Y.
Directors (elected in September, 1891). — William Nelson Cromwell, William B. Wheeler,
T. I>. Warren, W. W. Ladd, John J. Toffey, Heniy Belden, H. B. Berry, W. S. Burckett, M.
S. Decker.

W. L. FP.IERSOM, Receiver Shelbyville, Tenn.

WILLIAM NELSON CROMWELL, President New York, N. Y.

W. W. Ladd, Vice- President Fayetteville, Tenn.

. /—Henry Belden Fayetteville, Tenn. | Sccrttary—'B.. B. Berry Fayetteville. Tenn.

PRINCIPAL OFFICE AND ADDRESS Fayetteville, Tenn.

DELAWARE AND HUDSON CANAL CO.'S SYSTEM.— Albany and Sus-

quehanna Railroad Division.

Lines of Road Leased and Operated :

'ny and Susquehanna RR. : Albany, N. Y., to Binghamton, N. Y. . . .,. 142.59 m.

-ry V., Sharon & Albany RR. : Cobleskill June, to I'herry V., N. Y. (leased) 21.04 m.

ntctady and Duanesbnrgh RR. : Schenectady to Duanesb. June., N. Y. (leased]. 13.19 m.

nf.ctady and Media nicsville RR. : East Glenville to Coons, N. Y. (operated). . . . 9.93 m.
•-t'Hfii'i and Susqueh. RR. : Nineveh, N. Y., to Jefferson J., Pa. (operated). . . 22.01 m.

Total length of lines (leased, 177.42 ; operated, 31.94 miles) 209736 m.

2d track, 70.26 ; sidings, etc., 97.31 m. Gauge, 4 ft. 8| in. Rail (steel, 278.62 m.), 56 to 80 Ibs.

History. — The Delaware and Hudson Canal Company of Pennsylvania operates in the
State of New York three divisions of railroad, known as the Albany and Susquehanna
Division, which embraces the Albany and Susquehanna RR., with its leased lines, and the
Schenectady and Mechanicsville and Lackawanna and Susquehanna lines, built by the Canal
Company ; the Champlain Division, embracing the New York and Canada RR., and the Sara-
toga Division, embracing the Rensselaer and Saratoga RR., and leased lines. The Utica
Division, embracing the Utica, Clinton and Binghamtou and the Rome and Clinton Railroads
is lea>ed to the New York, Ontario and Western RR. Co. The terms under which these
several lines are leased or operated ;ire given in the statements for the respective companies.

Rolling Stock, June 30, 1891. — Locomotive engines (owned, 40 ; leased, 102), 142. Cars
— passenger, (leased), 42; baggage, mail, and express (owned, 2; leased, 15), 17; freight
[box, (owned, 050 ; leased, 793), 1,443 ; stock (leased), 108 ; coal (owned, 1,102 ; leased, 6,444),
7.546; flat (owned, 200 ; leased, 297), 497 ; caboose (owned, 4 ; leased, 53), 57], 9,651 ; service
(leased), 5 — total cars, 9,715.

Operations for year ending June 30, 1891. — Train mileage — passengers. 573,842; freight,
1,817,522; other, 20,585— total, 2,411,949 miles. Passengers carried, 682,243; carried one
mile, 19,012,952 ; average mile rate, 2.232 cents. Tons freight moved, 3.644,820 ; moved one
mile, 397,163,422 ; average ton-mile rate, 0.8->6 cent.

Ktrninys.-Passenger $424,358 24

Freight 3,281,280 46

Mail , 23.392 40

Express 38,322 82

Miscellaneous. 22,810 45

Expenses.— Transportation 81,277,632 54

Maintenance of Equipment. . . 497.787 74
Maintenance Way & Buildings 303,580 65

General 177,588 99

Taxe* 57,996 43

Total ($18,103. 57 per mile) §3.790,164 37 • Total ($11,050.75 per mile) $2.314,586 35

Net earnings (38.93 per cent.), $1,475,578.02. Payments : Rentals (Albany and Sus-
quehanna RR. Co. dividends [7 p. c.], $245,000; interest on bonds, $700.000; organiza-

196 POOK?S MANUAL — DELAWARE AND HUDSON CANAL CO.'S SYSTEM.

tion, $1,000— total, A. & S. RR. Co., $946,000 ; rental S. & D. RR., $30,000 ; interest on
equipment, D. & H. C. Co., and on amounts expended in construction of the A. & S. RR.,
$92,021.46; rental C. V... S. & A. RR., $11,250.64), $1,079,272.10. Balance, profit to the
Delaware and Hudson Canal Co., $396,305.92.

RAILROADS LEASED OR OWNED BY THE D. AND H. CANAL Co.

ALBANY AND SUSQTJEHANNA RAILROAD. -Albany, N. Y., to Binghamton, X. Y..l-k>.:,<>
miles ; 2d track, 70.26 miles ; sidings, etc., 91.99 miles— total track (steel, 233.86 miles), 304.84 miles Gauge 4 ft
H£ in. Rail, steel, 62 to 80 Ibs. ; iron, 56 to 62 Ibs. Chartered April 19, 1851 ; road opened from Albany to Scho-
harie, 35 miles, September 16, 1863 ; to Binghamton, January 14, 1869. Leased to the Delaware and Hudson Canal
Co., February 24, 1870, for the term of its charter, viz., 150 years from April 19, 1851 ; rental, interest on b<>>
percent, on stock, and $1.000 for organization. Income, 1890-91 : Rental, $935,000; organization to March 1
1891, $500 ; sinking fund, $10,000; interest on investments and deposits of sinking fund, $19,991.05— total, $965 -
491.05. Payments : Interest, $690,000 ; dividends, January and July, 3^ per cent, each, $245,000 ; other item?
$1,007.55 ; surplus, $29,483.50. A payment of $5,000 semi-annually is made by the lessee to the trustees of the
sinking fund of the City of Albany, and is invested by the latter in certain funds for the ultimate payment of the
Albany city bonds, issued to the lessor by the City of Albany. The Cherry Valley, Sharon and Albany RR
nominally leased to this company, is owned by the Delaware and Hudson Canal Co. Financial Statement June
30, 1891.— Capital stock, $3,500,000 ; funded debt. $11.000,000 : profit and loss, $184.310.14— total, $14,684.310.14
Contra : Cost of road and equipment, $14,200,766.55 ; sinking fund, $474,275.43 ; cash and other assets, $9,268.16
—total, $14,684,310.14. (See MANUAL for 1891). Semi-annual dividends of 3^ per cent, each have been regularly
paid from July 1, 1871, to July 1, 1891, both inclusive— a total of 41 payments," aggregating 143| per cent.

Funded debt consists of :
1st consolidated mortgage 7 per cent. 30-year $1,000 bonds, due April 1, 1906. interest April and Oct. . . . $3,000,000

1st consolidated mortgage 6 per cent. 30-year $1,000 bonds, due April 1, 1906, interest April and Oct 7,000,000

Albany City Loan 6 per cent., due 1895-6-7, interest May and November 1,000,000

Annual charge on Albany City Loan, $60,000 ; on consols, $630,000— total, $690.000.

The first consolidated mortgage bonds are secured by a lien on the entire road, subject only to the AlbarJ-
City Loan. Of the total authorized issue ($10,000,000), $3,450.000 were reserved to retire other classes of bonds
except the Albany City Loan. The several issues of these bonds were listed on the New York Stock Exchange
from time to time as they were made ; the last issue made in January, 1889, being $231,000 6 per cents., making
total $10,000.000. The latter issue were delivered to the lessee in payment of betterments and improvements
made upon the road in 1888. Principal and interest of 7 per cents., payable in " lawful money ; " principal of 6
per cents., payable in " lawful money," interest in gold. Numbers 501 to 1,500 both inclusive of the 7 per cent,
bonds, are listed in London. Farmers' Loan and Trust Co., New York, trustee. Annual meeting, third Tuesday
in September. Books close for annual meeting 30 days previously ; for dividends, June 15, and December 15.
Interest and dividends payable at the office of the lessee.

Directors (elected September 15, 1891).— Robert M. Olyphant, New York, N. Y. ; Horace G. Young, Albany,
N. Y. ; Minard Harder, Cobleskill, N. Y. ; William L. M. Phelps, Albany, N. Y. ; James Roosevelt, Hyde Park.
N. Y. ; Henry M. Olmsted, Morristown. N. J. ; George I. Wilber, Oneonta, N. Y. : Alfred Van Santvoord.
jamin H. Bristow, Robert Olpyhant, William H. Tillinghast. New York* N. Y. ; Robert C. Pruyn, James H. Man-
ning, Albany, N. Y. ROBERT OLYPHANT, President, New York, N. Y. ; Wm. L. M. Phelps, Secretary and
Treasurer, Albany. N. Y. CORPORATE OFFICE AND ADDRESS. Quaker St. Station. General Office, Albany,' N. V.
Lessee's office, 21 Cortland Street, N. Y. Transfer Office, Bank of Commerce. New York.

CHERRY VALLEY, SHARON AND ALBANY RAILROAD.-Cobleskill to Cherry Valley,
21.04 ; total track, 22.15 miles. Rail, iron, 56 to 62 ; steel (21.04 miles), 62 Ibs. Gauge, 4 ft. 8f in. Organi/rd
June 10, 1869 ; road opened October 1, 1870. Leased on completion to Albany and Susquehanna RR. Co. Acquired
by Delaware and Hudson Canal Co. in 1876. Rental, 1890-91, $11,250.64. Accrued interest on bonds, $21.000.
Deficit, $9,749.36. Capital stock (par, $50), $289,100 ; funded debt (1st mortgage 7per cent, bonds, dated December
15, 1871, due June 15, 1899, interest June and December), $300,000; due lessee, $84,132.99— total, $673,2.'W.W.
Contra: Cost of road, $589,100 ; profit and loss, $84,132.99— total, $673,232.99. James C. Hartt, Treasurer.
York City.

LACKA WANNA AND SUSQUEHANNA RAILROAD.-Nineveh, N. Y., to Jefferson Junc-
tion, Pa., 22.01 miles ; sidings, etc., 9.77miles. Gauge, 4 ft. 8i in. Rail (steel, 23.01 miles), 62 to 67 Ibs. Char-
tered May 9, 1867 ; road opened January, 1872. This road was built by the Delaware and Hudson Canal ( <
connect the Albany and Susquehanna RR. with its coal roads in Pennsylvania ; cost to June 30, 1891, $1,087,577.10.
Office, see DELAWARE AND HUDSON CANAL Co.

SCHENECTADY AND DUANESBUROH RAILROAD.— Duanesburgh, N. Y., to Sclu -IK-C-
tady. N. Y., 13.79 miles ; total track (steel, 13.79), 16.93 miles. Gauge, 4 ft. 8i in. Rail, 56 to 80 Ibs. Reorgan-
ization, July 15, 1873, of the Schenectady and Susquehanna RR. (See MANUAL for 1891.) Leased to the
ware and Hudson Canal Co., for interest ($30,000 per annum) on bonds. Capital stock, $100,900 ; funded del,
mortgage 6 per cent. 50-year bonds, due September 1, 1924, $500,000 ; open accounts, $73.966.01 — total, repn
ing cost of road, $674,866.01. HORACE G. YOUNG, President, Albany, N. Y. ; James C. Hartt, Treasiirer ;
Olyphant, Secretary. New York City.

SCHENECTADY AND MECHANICVILLE RAILROAD.-East Glenville to Coons
9.93 miles; total track (steel, 9.93 miles), 11 miles. Gauge, 4 ft. 84 in. Kail, 56 to 62 Ibs. Chartered y
1867 ; road opened in January, 1882. Built by Delaware and Hudson Canal Co., at a cost to June 30. IS'.U. of
$214,895.01 . Operated in connection with the Albany and Susquehanna RR. Division .

DELAWARE AND HUDSON CANAL CO.'S SYSTEM.— Champlain Division.

Lines of Road (NEW YORK AND CANADA RR., Leased) :

Main Line.— Whitehall, N. Y., to Rouse's Point, N. Y 112.93

(Lake George : Ticonderoga, N. Y., to Baldwin, N. Y 4.42

Branches : \Ausable : Pittsburgh, N. Y., to Ausable, N. Y 19.81

(Moore's Junction : West Chazy, N. Y., to Province Line. . 12.78—149.94 mile?.
Sidings, etc., 32.90 miles. Gauge, 4 ft. 8^ in. Rail (steel, 117.93 miles), 56 to 80 Ibs.
Rolling Stock.— Owned by D. and H. Canal Co.

POOR'S MANUAL — DELAWARE AND HUDSON CANAL CO/S SYSTEM. 197

Operations for year ending June 30, 1891.— Train mileage— passenger, 261,131 ; freight,
474,467 ; other, 7,7*6— total, 74:i,384 miles. Passengers carried, 332,783 ; carried one mile,
'589 ; averag-e mile rate, 2.398 cents. Tons freight moved, 1,111,801 ; moved one mile,
7!),4.">6,302 ; average ton-mile rate, 0.859 cent.

.— Passenger ..................... $808,180 07

Fivi-ht ........................ 682.231 42

Mail .......................... 24,696 52

Express ...................... 18,937 24

Miscellaneous ............... 2,77344

Total ($6.847.S2 per milei $1.026,761

Kxponses.— Transportation $356,065 54

Maintenance of Equipment 90,607 50

Maintenance Way.and Buildings 247,857 01

General 90,819 41

Taxes. . . . 32,044 14

Total ( $5,451. 47^per mile)

Net earnings (20.39 per cent.), $209,368.09. Payments: Rental — interest on bonds N.
Y. and C. RR. Co., $236,521.80; interest on equipment D. and H. C. Co., $116,673.28— total,
$273,195.08. Deficit, $63,826.99.

NEW YORK AND CANADA RAILROAD (Lessor Company's Statement).— Whitehall, N. Y., to

Rouse's Point, N. Y., 112.93 ; branches as above. 37.01 ; total lines owned, 149.94 ; total track (steel, 117. 93 miles).

lies. Gauge. 4 ft. 84 in. Rail. 5(3 to 80 Ibs. Organized March 16, 1872 : main line opened November 16,

;.ake George branch opened in May, 1875 : line between West Chazy and Rouse's Point in September, 1876.

Leased from date of organization to the Delaware and Hudson Canal Co., and operated as its Champlain Division.

i Rental. §236,521.80, being interest on bonds.

F'tHuncial Statement, June 30, 1891.— Capital stock, $4.000,000 ; funded debt, 1st mortgage 6 per cent, gold
i30-year bonds, due May 1. 190-4 (£800,000 stg.), $4,000,000 ; open accounts, §401,106.33— total, representing cost of
road and equipment. $8,401,106.33.

Annual meeting, third Tuesday in June. Books close about thirty days previously. The stock is almost
[wholly owned by the Delaware and'Htidson Canal Co., which also guarantees the bonds. The latter are in coupon
iform and are numbered 1 to 3,000 of £100 ; 3,001 to 4,500 of £200 ; and 4,501 to 4,900 of £500. Principal and interest
ipayable in London by Barms; Bros. & Co. Listed on the London Stock Exchange, and also quoted at Liverpool.
Director* New York and Canada RR. Co.— Isaac V. Baker, Comstock's. N. Y. ; Win. H. Cooke, Whitehall,
N. Y. : Smith M. Weed. Plattsburg, X. Y. ; Le Grand B. Cannon, J. C. Hartt, Robert M. Olyphant, F. Murray

New York. N. Y. PRINCIPAL OFFICE AND ADDRESS, Coal and Iron Exchange. New York City.

DELAWAKE AND HUDSON CANAL CO.'S SYSTEM.— Saratoga Division.

Lines of Road as Operated :

Main Line.— Albany, N. Y., to Lake Champlain, X. Y ................. 79.14

( Waterford : Troy to Waterford Junction, N. Y ............ 5.59

I Green Inland : West Troy to Green Island, N. Y .......... 1.08

J Castleton : Whitehall, N.' Y., to Castleton, X. Y .......... 13.46

: 1 Hutland : Eagle Bridge, X. Y., to Rutland, Vt ............ 62.44

| Schenectndy : Ballston to Schenectadv, X. Y .............. 14.97

L Glens Falls : Fort Edward to Culdwell, X. Y ............. 15.12—191.80 miles.

2d track (main line, 44.27 ; branches, 6.09), 50.36 miles ; sidings (main lines, 44.48 ; branches,
1)6.07 miles. Total track (steel, 242.16 miles), 338.23 miles. Gauge, 4 ft. 8* in. Rail
—steel, 62 to 80 Ibs.; iron, 56 to 62 Ibs.

This Division of the Delaware and Hudson Canal Co.'s system comprises the Rensselaer
and Saratoga RR. with its branches and leased lines. (See subjoined statements.) The
Mechanicville and Ft. Edward RR. is now operated by the Fitchburg RR. Co.

Rolling Stock, June 30, 1891.— Locomotive engines (owned, 61 ; leased, 44), 105. Cars—
>assenger (owned, 75 ; leased, 52), 127 ; baggage, mail, etc. (owned, 19 ; leased, 19), 38 ; freight
box (owned, 628; leased, 471), 1,099 ; platform (owned. 228 ; leased, 232), 460 ; stock (owned),
5; coal (owned, 1,239; leased, 249), 1.4S8], 3,052; caboose (owned, 16 ; leased, 22), 38 ; ser-
vice (owned, 10 ; leased, 3), 13— total cars, 3,268.

Operations for year ending June 30, 1891.— Train mileage— passenger, 784,061 ; freight,
•580.510; other, 31.642— total, 1,396,21:] miles. Passengers carried, 2,165,635; carried one
mil*s, 35,000,193 ; average mile rate, 2.404 cents. Tons freight moved, 2,343,091 ; moved one
mile, 117,340,779 ; average ton-mile rate, 1.34 cents.

— Passenger ................... $841,45087

Freight ....................... 1,572,780 51

Mail and Express .............. 82,937 29

Miscellaneous . . . 68,343 20

Total ($13,375.97 per mile) $2,565,511 87

Expenses.— Transportation $940,822 44

Maintenance of Equipment 223,178 75

Maintenance Way and Build'ga 274.303 2ti

General 170,011 -4

Total i $8,385.38 per mile) $1,608,316

198 POOR'S MANUAL — DELAWARE AND HUDSON CANAL CO.'S SYSTEM.

Net earnings (37.31 percent.), $957,195.58; add dividend Cbamplain Transfer Co., $6,-
681.50— total, $963,877.08. Payments: Rentals (R. & S. dividends, $732,476; interest on
bonds, $140.000 ; on equipment D. & H. C. Co., $51,776.81 ; organization, $1,000 ; A. & V.
RR., $20,000; N. Y. C. & H. R. RR., $2,500 ; S. & S. RR., $31,750 ; R. & W. RR., $15,492 ;
Green Island lots, $455.81), $995,450.62; taxes, $104,643— total, $1,101,093.62. Deficit,
$136,216.54.

RAILROAD LEASED OR OWNED BY THE D. & H. CANAL Co.

ALBANY AND VERMONT RAILROAD. -Albany, N. Y., to Waterford Junction, N. Y.. 12
miles. Rail (eteel), 63 Ibs. Reorganization after foreclosure sale on October 5, 1859, of the Albany, Vermont and
Canada RR. Co. (See MANUAL for 1891.) Leased in perpetuity to the Rensselaer and Saratoga RR. Co. June I:.',.
1860, and lease assigi.ed to the D. & H. Canal Co. on March 1, 1871. Rental, $20,000 per annum. Dividends May
and November, li per cent. each. Capital stock, $600,000 ; profit and loss, $5,624.13— total, $605,624.13. Contra:
Cost of road, etc., $600,000; cash on hand, $5,624.13. JOSEPH M. WAUHEX, President; Geo. H. Cramer, Vice-
President; John H. Neher, Treasurer, Troy, N. Y.

GLEN'S PALLS RAILROAD. -Fort Edward, N. Y., to Caldwell, N. Y., 15.12 miles ; total track,
18.70 miles. Chartered July 26, 1867. Leased in perpetuity by the Rensselaer and Saratoga RR. Co., and by that
company transferred to the Delaware and Hudson Canal Co. Rental $1 per annum. Capital stock (all owned) by
R. & S. RR Co.), $96,600 ; funded debt, 7 per cent, bonds. $10,000 ; due lessee, $349,831.35— total, $458.431.35.
Cost of road, $456,431.35. GEO. H. CRAMER, President ; John H. Neher, Secretary and Treasurer, Troy, N. Y.

RENSSELAER AND SARATOGA RAILROAD.— This company owns portions of the main line
of the Delaware and Hudson Canal Company's Saratoga Division, exteiiding from Waterford Junction, N. Y.. to
Ballston, 19.55 miles, and from Saratoga to Lake Champlain, 40.73 miles, the gaps being supplied by the Albany
and Vermont RR., 12.18 niiles, and 6.68 miles of the Saratoga and Schenectady RR. It also owns branches from
Troy to Waterford Junction, 5.59 miles ; from West Troy to Green Island. 1.08 miles ; from Eagle Bridge, N. Y.,
to Rutland, Vt., 62.44 miles ; and from Whitehall, N. Y., to the Vermont State Line, 6.83 miles— making the total
length of lines owned 13G.22 miles. Chartered April 14, 1832 ; road opened March 19, 183(5. Consolidated with
the Troy, Salem and Rutland and the Saratoga and Whitehall RRs. in 1868. (See MANUAL for 1891.) On March
1, 1871, whole system leased to D. & H. C. Co. in perpetuity, the lessee assuming all interest and lease obligation*
and guaranteeing 8 per cent, per annum on stock of R. & S. RR. Co.

Financial Statement, June 30, 1891.— Capital stock, $9.480,000 ; funded debt, 1st mortgage (coupon or regis-
tered) 7 per cent. 50-year bonds, due May 1, 1921, interest payable May and November, $2.000,000 ; unfunded debt,
$91.73; surplus, $58.550.81— total liabiliiies, $11,538,642.54. Contra: Cost of road, $10,397,580.40; of Glen'&
Falls RR., $456,431.35; of Salem and Rutland RR., $150,632.11 ; of Troy Union RR., $125.000; of Champlaiu
Transportation Co. boats, purchased, $350,447.87; sundry assets, $58,S50. 81— total, $11,538,642.54. The bonds
are for $1,000 each, in coupon or registered form ; and there is provision for registration of principal of coupon
bonds. Registered bonds ure numbered 1,001 to 2,000 ; coupon, 2,201 to 3,000. Principal of entire issue and in-
terest on coupon series payable at the office of the Delaware and Hudson Canal Co., New York ; interest on reg-
istered bonds at National B ink of Convnerce, New York. Trustees. Joseph M. Warren, John A.-Griswold. John
B. Yale, National Bank of Commerce, N. Y. Stock and bonds listed on the New York Stock Exchange. GEO.
H. CRAMER, President ; John H. Neher, Secretary and Treasurer, Troy, N. Y. GENERAL OFFICE, Troy, N. Y.
Transfer Office. National Bank of Commerce, New York, N. Y.

RUTLAND AND WHITEHALL RAILROAD.— New York State Line to Caetleton. Vt.. 6.83
miles ; total track (steel, 6.83), 8.68 miles. Leased to the R. & S. RR. Co. at an annual rental of $15,492, being 6
per cent, on the cost of the road, $258,100.

SARATOGA AND SCHENECTADY RAILROAD. -Saratoga to Schenectady, N. Y..
total track, 27.59 miles. Chartered February 16, 1831. Leased in perpetuity, in 1861, to the Rensselaer and Sara-
toga RR. Co., and operated in connection with that line by the Delaware and Hudson Canal Co. Rental. $31,750;
add interest, $200— total. $31,950. Dividends (7 per cent.), $31,500; expenses, $455— total, $31.955. Deficit, $5.
Dividends paid January and July. Capital stock. $450,000; income balance, $5,990.22— total, $445,990. 22. C"
Cost of road. $450,000 ; bonds owned, $5,000 ; other assets, $990.22— total, $455,990.22. GEO. H. CHAMEK, Prfii-
dent ; John H. Neher, Secretary and Treasurer, Troy, N. Y.

DELAWARE AND HUDSON CANAL CO.'S SYSTEM.— Adirondack Railway.

Line of Road (as Projected). — Saratoga, N. Y., to Ogdensburg, N. Y. (about) 180 miles.

Completed : Saratoga Springs to North Creek, N. Y 5(5.95 miles.

Sidings, 5.94 miles. Gauge, 4 ft. 8£ in. Rail, steel (51 m.;, 62-67 ; iron, 56-60 Ibs.

History. — Incorporated July 7, 1882, as successor to the Adirondack Co., whose property
was sold under foreclosure September 28, 1881. (See MANUAL for 1884, page 109.) In
the Delaware and Hudson Canal Co. purchased a controlling interest in this company.

Holling* Stock, June 30, 1891. — Locomotive engines, 7. Cars — passenger, 7 ; combina-
tion, 1 ; baggage, mail, and express, 4; freight (box, 10 ; platform, 43), 53 — total cars. 61.

Operations for year ending June 30, 1891.— Train mileage — passenger, 84,432; fs-
58,077 ; other, 187,677— total, 330,186 miles. Passengers carried, 64,058 ; carried one mile'
1,681,429 ; average mile rate, 2.789 cent*. Tons freight moved, 141,328 ; moved one mile,
4,195,926 ; average ton-mile rate, 2.876 cents.

POOR'S MANUAL OF RAILROADS.

199

Karniu^.- Pa-seiiirer $46.707 57

Freight 120,693 11

Mail and Express 6,941 82

Misi-olhiiH-oiK... 35404

KxponseB.— Transportation $48.11366

Maintenance of Equipment 7,891 01

Maintenance Way and Buildings. 51,478 70
General... . 15,34771

Total <S3.%7.34 per mile) $174,696 54 Total ($2,156.82 per mile) $122,831 08

Xet earnings ('29.71 per cent.), $51,865.46. Deduct taxes, $5,591. 2'2. Surplus, $46,274.24.
Deficit forward^ $l,335,52r>.34. Net deficit, $1,289,251.10.

General Balance Sheet, .Tune 30, 1891.— Capital stock (authorized, $4,000,000) issued,

noo ; trustees' certificates, convertible into 2d mortgage bonds, $1,486,637.75 ; audited

, vouchers and pay rolls, $9.126.28 ; open accounts, $113,76!?.95— total, $4,209,532.98. Contra:

Cost of mad, $2,7U3.042.22 ; of equipment, $73,436.82; cash on hand, $19,344.02; due by

agents, $2,705.81 ; open accounts, $4,637.14; materials and supplies, $27,115.87; profit aud

'.', 251. 10— total, $4,209,532.98.
Annual meeting, second Wednesday in September ; books close thirty days previously.

10 be voted must be owned thirty days.

Directors (elected October 14, 1891).— H. Suydam Grant. James C. Hartt, Charles A
Walker, Robert Olyphant, Chester Giiswold. David Wilicox, W. W. Durant, Freling H.
i Smith, Wm. L. Strong, F. Murray Olyphant, New York, X. Y. ; Horace G. Young, Albany,
X. Y.; .Tames Roosevelt, Hyde Park, N. Y.; Warner Miller, Herkimer. X. Y.

R. SUYDAM GRANT. President Xe\v York, N. Y.

- -Horace G. Young Albany, X. Y. See. and Trea*.— Charles A. Walker. .New York. N. Y.

PRINCIPAL OFFICE AND ADDRESS 21 Coitlandt Street, New York, X. Y.

DELAWARE RIVER RAILROAD COMPANY.

Line of Road. — Woodbury, X. J., to Penn's Grove. X. J 19.97 miles.

Sidings, 2.47 miles. Gauge, 4 ft. 8.V in. Rail (steel. 16 miles), 50 and 56 Ibs.

History.— Chartered as Delaware Shore RR., February 20, 1873 ; opened in 1877. Re-
.ceiver appointed in December. 1877 ; sold August 8, 1879 ; reo-gaaized in February, 1881.

Rolling: Stock, June 30, 1881. — Locomotive engines, 3. Cars — passenger, 7 ; freight
platform*. 5 — total, 12.

Operations for year ending June 30, 1891. — Train mileage — passenger, 69,750 ; freight,
6,120 ; mixed, 6,080 ; other, 1,530— total, 83,480 miles. Passengers carried.167,670 ; carried
one mite. 1,626,966 ; average mile rate. 1.76 cents. Tons freight moved, 48,639 ; moved one
mile, 603,049 ; average ton-mile rate, 3.44 cents.

Passenger $28,587 63

Freight 0

Mail and Express 2.547 14

Miscellaneous... 4.-,M 3^

Expenses.— Transportation $24,504 08

Motive Power and Cars 8,097 32

Maintenance Way and Buildings. 17,928 24
General... 4,036 62

. .-11. iy per mile) $56,13? 47 Total (§2,732.41 per mile) $54,566 26

earnings (2.70 per cent.), $1,571.21. Payments : Interest on bonds, $3,900 : other
payments. *831. 58— total, £4, 731 .58. Balance, deficit, $3,160.37 ; deficit from last year, $6,-

— total deficit. $9,298.18.

Financial Statement, June 31, 1891.— Capital stock (par, $50), $141,500 ; funded debt,
first mortage 6 per cent. 20-year $1,000 coupon bonds, due 1899, interest May and Xovem-
ber, $65,000; bills payable, $25,935.27; unpaid interest on bonds, $32,998.33— total, S265,-
33.60. Contra : Cost of road and equipment, $258,931.47 ; stocks and bonds owned, $4,000;
bills receivable, $488.58; current accounts, $12,715.37; profit and loss, $9 298.18— total,
$265.433 60.

Annual meeting, first day of May, at Woodbury, N. J. Trustees of bonds : Peter L.

200 POOR'S MANUAL OF RAILROADS.

Voorhies, William S. Conner. In 1891 it was voted to increase the capital stock to $250,000
to provide means for additions and betterments.

Directors (elected May, 1891).— W. S. Conner, Samuel Hopkins, Woodbury, N. J. ;
Alex. Justice, Pedricktown, N. J. ; Henry A. Du Pont, E. B. Shurter, A. L. Foster, Wilming-
ton, Del. ; John S. Gerhard, Philadelphia, Pa.

WM. S. CONNER, President, Treasurer, and Gen. Mgr. ..Woodbury, N. J.
Secretary— -S. T. Miller Paulaboro1, N. J. | Auditor— G. W. Reed Woodbury, N. J.

PRINCIPAL OFFICE AND ADDRESS Woodbury, N. J.

DELAWARE, STJSQTJEHANNA AND SCHTTYLKILL RAILROAD CO.

Line of Road Projected.— Drifton, Pa., to Gowen, Pa 35.30

Branches Projected : Stockton, Beaver Meadow, Nelson, Tomhicken and

Eckley, in all 14.50—49.80 miles.

Completed June 30, 1891 : At different points on main line 29.25 miles.

Gauge, 4 ft. 9 in. Rail (steel), 60 Ibs.

History.— Chartered April 14, 1890. Road not yet opened.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 6. Cars — platform, 5 ; dump, 25—
total, 30. The platform cars and three of the locomotives are rented. Since the close of the
fiscal year the number of platform cars rented has been increased to 13, and 25 additional
dump cars have been added by purchase.

Financial Statement, June 30, 1891.— Japital stock ($400,000 authorized; $50 shares),
$376,264 ; current accounts, $51,166.70 ; freights, tolls, and terminal charges, $156,508.89—
total, $583,939.59. Contra : Cost of road, $524,669.66 ; rolling .stock, $28,651.55 ; mainte-
nance of way, $2,070; State taxes, $657.30; cash and cash assets, $27,891.08— total, $583,-
939.59.

Annual meeting, first Tuesday in March, at Drifton, Luzerne Co., Pa. Voting power
attaches to stock immediately upon transfer.

Directors (elected March 3, 1891).— Eckley B. Coxe, Alexander B. Coxe, Arthur Mc-
Clellan, J. Brinton White, Drifton, Pa. ; Henry B. Coxe, 3 West 30th Street, New York ;
E. B. Ely, 143 Liberty Street, New York.

ECKLEY B. COXE, President Drifton, Pa.

Treasurer— J. Brinton White Drifton, Pa. | Secretary— Arthur McClellan Drifton, Pa.

PRINCIPAL OFFICE AND ADDRESS Drifton, Luzerne Co., Pa.

DENISON AND WASHITA VALLEY RAILROAD COMPANY.

r. PT» ^ jDenison, Tex., to Red River 5.25

•j Wetmore, Ind. Ter., to Cole Gate, Ind. Ter 10.00—15.25 miles.

Sidings, etc., 3 miles. Gauge, 4 ft. 8* in. Rail (steel), 60 Ibs.

History.— Chartered January 26, 1886 ; Texas Division built in 1888. The Indian Ter-
ritory Division was opened October 1, 1889. This road has recently been absorbed by the
Missouri, Kansas and Texas Ry. Co.

Rolling Stock, June 30, 1891. — Locomotive engine, 1. Cars — coal, 20 ; caboose, 1.

Operations year ending June 30, 1891. — Freight trains run, 8,400 miles. Passengers
carried, 11,381 ; carried one mile, 56,905. Tons freight moved, 200,000 ; moved one mile,
1,200,000. Earnings— passenger, $1,707.25 ; freight, $15,820.15 ; other, $713.83— total, $18,-
241.23. Operating expenses — transportation, $7,931.58; motive power, $1,198.91; mainte-
nance of way, $3,460.90— total, $12,591.39. Net earnings, $5,649.84.

Financial Statement, June 30, 1891.— Capital stock (authorized, $2,000,000 ; par, $100)
paid in, $305,000 ; funded debt (1st mortgage 6 per cent. $1,000 bonds, interest payable Jan-
uary and July, authorized, $2,000,000) outstanding, $305,000 ; matured interest, $36,600—
total, $646,600. Contra : Cost of road, $610,000; cash, $3,859.67 ; profit and loss, $32,740.33
—total, $646,600.

POOR'S MANUAL OF RAILROADS.

201

Directors (elected January 3, 1890).— J. B. McDougall, W. B. Munson, Edward Perry,
Nt'vins, J. t. Munson, Denipon, Tex. ; Colgate Hoyt, C. VV. Wetinore, Charles L.
Colby, Charles H. Ropes, New York, N. Y.

W. B. MUNSON, President Denison, Tex.

,/—C. W. Wetmore New York, N. Y. | Gtncral Xitjxrintendent—'E.d'w&Td Perry. .Denison, Tex.

PRINCIPAL OFFICE AND ADDRESS Cole Gate, I. T.

Transfer Office. . . New York, N. Y.

DENVER AND RIO GRANDE RAILROAD COMPANY.

(For map of this system see page 203.)

Main Line of Road.— Denver, Col., to Utah Border 460.80 miles.

Other Divisions and Branches (see below) 1,154.52 miles.

Operated jointly : Rio Grande Junction Ry 62. 08 miles.

Total length of lines operated June 30, 1891 1,677.40 miles.

2d track, 26.80 ; sidings, 332.14 miles. Gauges, 3 ft. and (608.21 m.) 4 ft. 84- in. Rail (steel,
1,734.46 miles), 30 to 65 Ibs.

History. — Organized July 14, 1886, as successor to the Denver and Rio Grande Ry. Co.,
whose property was sold under foreclosure July 12, 1886. (See MANUAL for 1891, page 691.)

The Rio Grande Junction Railway was built jointly by this company and the Colorado
Midland Ry. Co., and is leased and its bonds guaranteed jointly by the two companies.

In November, 1890, a through standard gauge route was opened between Denver and
Ogden over this road, the Rio Grande Junction and the Rio Grande Western.

Statement of mileage as operated by divisions June 30, 1891 :

Third Division.

Salida, Col., to Gunniston, Col 73.80

Gnnniston, Col., to Grand June., Col. 134. 92

Grand June. Col., to State Line 35.57

Poncha, Col., to Monarch, Col 10.28

Gunnison. Col., to Created Butte, Col. 33.10

Montrose, Col., to Ouray, Col 35.76

Lake Fork Branch 36.00

Villa Grove Branch 81 .62

Spur? : Taylor Rh-er, 0.20; Aberdeen,
4.49 . 4.69— 451.74m.

First l)iri*ioit.

Denver, Col., to Pueblo, Col 119.60

Pueblo, Col., to Salida, Col 97.40

Pueblo, Col . , to Cnchara, Col 49 . 70

Cucharu to El Moro 37.00

El Moro, Col., to Trinidad, Col 4.13

Canon City, Col., to West Cliffe, Col . . 31 .50

Cuchara, Col., to La Veta, Col 21 .60

Colorado Springs,Col.,to Manitou,Col. 5.30

Engleville Branch 6.70

Spurs : Military Post, 2.51 ; Lehigh
Coal Mine, 4.60; Castle Rock Quar-
ries, 4.10; Douglass Quarry, 2.60;
Coal Creek. 2.60 ; Oak Creek, 2.10 ;
Chandler Creek, 4.60 ; Bessemer, 3 ;
Rouse Mine, 5.19; Conchita, 5.94;

Loma, 4 . 57 41 .81—414 . 74 m.

Second Division.

Salida. Col., to Leadville, Col 61 .20

Malta, Col., to Rock Creek, Col 30.47

Hock Creek. Col., to Glenwood. Col.. 63.73

Glemvood to Aspen 41 .05

Spnre : Calumet Mines, 6.80 ; Iron Sil-
ver Mines, 3.40 ; Leadville Smelters,
7.06 ; Blue River Branch, 37.32 :
Leadville Cut-off, 3.25 ; Newcastle
Extension, 13. 38 ; Rifle Creek Exten-
sion, 13.25 ; Strawberry Br.. 1.50. .. 85.96—282.41 m.

Fourth Division.

La Veta, Col., to Alamosa. Col 59.20

Alaraosa, Col., to Antonito, Col ..... 28.70

Antonito, Col ., to Chaina, Col 64.01

Chama, Col., to Durango, Col 107.39

Duransro, Col., to Silverton, Col 45.70

Alamosa,Col..toWa<ronWheelGap,Col. 60.32

Antonito, Col., to Espanola, N. M 91.70

Spurs : Placer Iron Mine, 2.10; Tres
Piedras, 2.15 ; Chama. 3.16 ; Duran-
go Smelter, 1 ; Silverton Smelter, 1 9.41— 466.43 m.

Total Colorado and New Mexico 1,615.32 m.

The Denver, Texas and Fort Worth RR. has joint use of the portion of the line between
Pueblo, Walsenburg and Trinidad, 106.05 miles, and the Chicago, Kansas and Nebraska of
the portion between Denver and Pueblo, 120 miles. Their standard gauge cars are enabled
to run over those sections by means of a third rail laid between the points named.

202

POOR S MANUAL — DENVER AND RIO GRANDE RE. CO.

Rolling' Stock, June 30, 1891. — Locomotive engines (narrow gauge, 171 ; standard gauge,
132), 303.

Passenger Train Cars (247).

Narrow
Gauge.

Stand'd
Gauge.

Total.

Freight Train Cars (7,267).

Narrow
Gauge.

Stand'd
Gauge.

Total

Coaches

57

46

103

(Box . .

1 832

995

2 827

Chair
Emigrant Sleepers

<s
11

8
11

Flat
Stock

724
01 19

323

l')7

1,047
496

Baggage

12

1 -l£

Coal

1 474

795

2 260

Express
Combinat'n, Mail, Bag. & Ex.
Combin'n, Coach, Bag. & Ex.
Combination, Pass. & Bag. . .
Observation ....

17
11
12

"'$'"

r 16

14
'"5 "

45

25
12
5
3

Charcoal
Refrigerator
California Fruit line
Caboose
Construction

3
31

8
52
242

'"is

'"73"
27

3
49
8
125
269

Provision

1

1

Water

12

15

27

Business .

11

2

13

Oil Tank

27

27

Excursion

8

8

Wrecking, Flangers, etc

30

9

:'<»

Fruit

13

18

Tool

(j

6

Fruit

75

75

Total

151

qg

247

Total

4 734

2 533

7267

Operations for year ending June 30, 1891. — Train mileage — passenger, 1,758,472 ; freight,
2,714,388— total, 4,472,860 miles. Engine mileage, 9,564,118 miles. Passengers carried,
673,735 ; carried one mile, 66,135,652 ; average mile rate, 2.62 cents. Tons freight moved,
2,093,660 ;* moved one mile, 308,529,371 ; average ton-mile rate, 2.01 cents.

Earnings.— Passenger $1 ,735,527 65

Freight

Mail and Express. (_
Miscellaneous *

6,189,359 59
10

Total (S5,605.39 per mile) $8,850,920 34

Expenses.— Transportation $3,027,067 10

Motive Power and Cars 795,051 94

Maintenance Way & Buildings 1.363.988 89
General 324, 195 53

Total ($3,489.74 per mile) $5,510,8i::j 4ti

Net earnings (37.74 per cent.), $3,340,616.88 ; add interest on standard gauge fund,
$18,447.33 — total available revenue, $3,359,064.21. Payments : Interest on funded debt,
$1,944,805; betterments, $259,816.35; tax*s, $286,562.60; insurance, $32,629.63; interest,
discount, and exchange, $43,077.48 ; cash pools, $60,758.89 ; delayed accounts chargeable to
the operations of the year, $33,430.97— total, $2,661,080.92. Balance, surplus, $697,983.29.

Profit and Loss Account, June 30, 1891.— Balance from last year, $1,890,596 68 ; income
balance June 30, 1891, $697,983.29; express equipment, $50,000; mule and grading outfit,
$3,000 ; overcharges, $3,126.23— total, $2,644,706.20. Contra.- Dividend No. 6 on preferred
stock ,$591,250; switching claims, April, 1888, to June 30, 1890, $45,739 ; freight cars de-
stroyed and broken up, $47,000 ; depreciation in value of equipment sold, $11,759.16 ; bond
interest accrued, $108,004.17 ; advance surveys closed out, $108,909.90 ; miscellaneous items,
$:i 157. 74— total, $915,819.97. Surplus as per general balance sheet, $1,728,886.23.

Statement of earnings, expenses, and net earnings for eight, calendar years, 1882-1889
inclusive, and two years (1890-1891), ending June 30 :

FISCAL YKAK.

Aver-
age
Miles.

GROSS EARNINGS.

OPERATING EXPENSES.

NET EAKMM..-.

Total.

Per Mile.

Total.

Per Mile.

Per
cent.

Total.

Per Mile.

1882

1,100
,258
,317
,317
1.317
,347
,463
,493
1.497
1,579

6.404.979 80
6,528,709 80
5,552,103 58
6,119,053 72
6,738,077 47
7,983,419 05
7,668,654 04
8,046,603 37
8,363,135 65
8,850,920 34

$

5,823 00
5,19000
4,216 00
4,646 20
5,11623
5,926 81
5,241 73
5,389 55
5,586 60
5,605 39

$
3,821,12423
3,940,985 31
3,758,529 89
3,935,273 46
4,227,416 68
4,742,048 53
5,104,681 74
4,714,193 27
4,803,350 77
5,510,303 46

*
3.474 00
3,13300
2.S5I (X)
2,988 06
3,209 88
8,520 45
3,489 19
3,15753
3,208 65
3,489 74

59.66
60.88

(57.69
64.81

62.74
59.40
66.57

r,s.r><)
57.48
62.26

S
2,583,855 57
2,587,724 49
1,793,573 69
2,183,780 26
2,510,660 79
3,241,370 52
2,5(53,972 30
3,332,410 10
'3,559,784 88
3,340.61688

186200

1,65814
1,90635
2,40636

2,377 95
2,11565

1883
1884

1885

1886...

1887

1888
1889

1890

1891

204

POORS MANUAL— DENVER AND BIO GRANDE RR. CO.

General Balance Sheet, .June 30, 1891.

Cost of Boad

SI 00 983 453 34

^>:ifl ooo ooo no

Cost of Equipment

. .. 5,741,93374

Preferred Stock

23 650 000 00

Express Equipment

50,000 00

Funded Debt...

42 867 500 00

Real Estate

7,800 00

Betterment Fund

183 196 5?

Mule and Grading Outfit

3,000 00

Pueblo Union Depot

45,076 02

Advance Construction, Creede Ext. . .

1,382 05

Vouchers

927 074 64

Trinidad Terminals

16,725 23

Pay Rolls

655 442 59

Materials and Supplies

880,139 45

Loans Payable

605 200 00

U. S. Government

45,104 94

Bills Payable

847 349 36

Due by Agents and Conductors

248,825 41

Foreign Roads

90,456 20

Bills Receivable ...

400 286 72

Car Service

11 810 20

Individuals and Companies
County and State Warrants

724,141 89
10.557 78

Unpaid Coupons
Interest Accrued

603,285 00
108,004 17

Bonds Owned

567 786 25

Sundries

14 000 00

Sinking Fund, Pueblo Union Depot. .

1,600 00

Express Money Orders.

9 475 30

Ca^h on Hand

760,019 43

Income Account

1 728 886 23

Total Assets

«110.442.75fi 22

Total Liabilities

«110 44'?7Sfi 9S

The funded debt outstanding ($42,867,500) consisted, June 30, 1891, of—

1st mgte. (main line) 30-year 7 p.c. $500 and $1,000 coupon bonds, due Nov. 1,1900, int. May and Nov. .. $6,382,500
Istconsol. mtge. 50-year 4 per cent. $500 and $1.000 coupon bonds, due Nov. 1,1936, int. Jan. and July. . 28,43.r>,000
Improvement mtge. 40-year 5 per cent. $500 coupon and rtg. bonds, due June 1. 1928, int. June and Dec. 8,050,000

The first mortgage is secured on the line from Denver to Alamosa and El Moro, 294 miles.
The bonds are for $500 and $1,000 (1 to 6,S58 for $1,000; 1 to 249 forJSOO), and are dated
April 13, 1871. Principal payable in New York or London ; interest in New York, London,
or Amsterdam ; principal and interest in gold, free of all taxes. Surviving trustee, Louis H.
Meyer, New York, N. Y. Listed on the New York Stock Exchange.

The consolidated mortgage bonds are secured on the entire property, subject, however, to
the lien of the first mortgage. The authorized amount is $42,000,000, of which $6,382,500
are reserved to retire the firsts, and $6,900,000 to acquire the property of the Denver and Rio
Grande Western Ry. or to construct a line to Ogden. The remainder may be issued with
the assent of a majority in amount of the preferred stock ; and if any be issued for exten-
sions, to be at a rate not exceeding $20,000 per mile for sections of track not less than ten
miles in length. The bonds to be issued for the firsts will bear not exceeding 7 per cent,
and not less than 4 per cent, interest, and will carry a lien prior to the rest of the issue.
Denominations— $41,000,000 in $1,000, and $1,000,000 in $500 bonds. Interest and principal
payable in New York City. Bonds are coupon with privilege of registration, either as to
principal alone, or upon surrender of coupons as to principal and interest. Trustee:
United States Trust Co., New York. Listed on the New York and London Stock Exchanges,
and also quoted at Dublin, Glasgow, Liverpool, and Manchester.

The improvement mortgage is subject to the lien of the consolidated mortgage. The
bonds were issued to provide means for laying third rail and for other improvements.
Authorized at the rate of $5,000 per mile, and the issue may be increased with the assent of
a majority of the entire stock issue. Interest and principal payable in New York City.
These bonds are coupon, with privilege of registr<ition, either as to principal only, or upou
surrender of coupons as to both principal and interest. Trustee: United States Trust Co.,
New York, N. Y. Listed on the New York and London Stock Exchanges, and also quoted
at Dublin and Manchester.

Preferred stock is entitled to 5 per cent, dividends, non-cumulative. Dividends on pre-
ferred stock : 1887, 2| per cent. ; 1888, 2^ per cent, in cash and 1} in scrip, subsequently
redeemed in cash ; February, 1890, \\ per cent. ; August, 1890, 1| per cent. ; February 16.
1891, 2£ per cent. Stock, both common and preferred, listed on the New York and London
Stock Exchanges, and also quoted at Dublin, Edinburgh, Glasgow, Liverpool, Manchester,
and Sheffield.

Directors (elected October 20, 1891). — George Coppell, Chas. C. Beaman, New York,
N. Y.; Edmund Smith, Philadelphia, Pa.; Adolph Engler, Richard T. Wilson, New York,

POOR'S MANUAL OF RAILROADS. 205

N. Y ; Edward T. Jeffery, Denver. Col.; William Mertens, New York, N. Y.; J. Lowber
^h, Philadelphia, Pa.; E. W. Wolcott, Denver, Col.

(iKOROK COPPELL, Chairman Board of Directors New York, N. Y.

EDWARD T. JEFFERY, President and General Manager Denver, Col.

Treat. <f- Ax.<(. See.- Joseph W. Gilluly Denver, Col. I Comptroller— Stephen Little New York, N. Y.

William Wagner. New York, N. Y. | Auditor— Edward It. Murphy Denver, Col.

GENERAL OFFICES Cheesman Block, 17th and Larimer Sts., Denver, Col.

New York Office 47 William Street.

London Agents Jno. K. Gilliat & Co., 4 Crosby Square, London, England.

DES MOINES AND KANSAS CITY RAILWAY COMPANY.

Lilie of Road. — Des Moines, la., to Cainsville, Mo .112 miles.

Sidings, 2.63 miles. Gauge, 3 ft. Rail — iron, 25 ; steel (105 in.), 40 and 56 Ibs.

History. — Organized January 10, 1888, and two days later purchased the Des Moines,
Osceola and Southern RR., from the syndicate who had previously purchased it at foreclos-
ure sale. (See MANUAL for 1888, page 844.)

Rolling Stock, June 30, 1891. — Locomotive engines, 8. Cars — passenger, 3 ; baggage,
mail, and express, 4 ; freight (box, 80 ; platform, 42 ; stock, 29; coal, 35), 186 ; caboose, 2 ;
other, 8— total cars, 203.

Operations for year ending June 30, 1891. — Train mileage — passenger, 80,309 ; freight,
69,631— total, 149,940 miles. Passengers carried, 45,159; carried one mile, 1,221,463 ; aver-
age mile rate, 3.37 cants. Tons freight moved, 31,805 ; moved one mile, 1,996,754 ; average
ton-mile rate, 2.80 cents. Earnings — passenger, $41,175.92; freight, $55,991.57; mail, $4,-
713.12; express, $1,258.05; other, $782.96— total, $103,921.62. Expenses— transportation,
$16,898.04 ; rolling stock, $29,064.21 ; maintenance of way and buildings, $21,129.35 ; gen-
eral.. *7,433.38 5 t»xes, $4,036.44— total, $78,561.42. Net earnings, $25,360.20. Deficit, from
last year, $7,556.57. Surplus as per balance sheet, $17,803.63.

Financial Statement, June 30, 1891. Capital stock (par, $100), $800,000 ; loans and bills
payable, $557,113.68; current accounts, $!•>, 719.12; profit and loss, $17,803.63— total, $1,-
387,636.43. Contra: Cost of road, $1,238,948.74; equipment, $115,770.59; materials and
fuel. $1,226.88; current accounts and cash, $:jl, 690.22— total, $1,387,636.43. Capital stock
is all held by M. V. B. Edgerly as trustee for the syndicate.

Directors (elected May 1*3, 1891).— R. T. Wilson, John S. Tiluey, Xew York. X. Y. ;
D. B. Wessen, M. V. B. Edgerly, Springfield, Mass. ; B. F. Folsom, W. F. Putnam, Exeter,
X. H. ; John C. Xewtou, Des Moines, la. ; A. C. Barstow, Jr., Providence, R. I. ; Edward
Woodman, Portland, Me.

M. V. B. EDGEULY, President Springfield, Mass.

John C. Xewton, Vice- President and General Manager Des Moiues, la.

Treasurer— Frederick Harris Springfield, Ma^*. | Auditor tfc Gen. Supt.—Theo. C. Sherwood. Des Moine?, la.

Secretary— B. F. Kauffmau Des Moines, la.

PRINCIPAL OFFICE AND ADDRESS Des Moines, la.

DES MOINES AND NORTHERN RAILROAD COMPANY.

Linejof Road. — Des Moines, la., to Boone, la 41.61 miles.

Sidings, etc., 2. 16 miles. Gauge, 4 ft. 8£ in. Rail (steel), 52 and 60 Ibs.

History. — Successor to the St. Louis, Des Moines and Xorthern Ry. Co., whose property
was sold under foreclosure Xovember 22, 1889. In August, 1891, this company and the Des
Moines and Xorthwestern Ry. Co. were consolidated under the name of Des Moines, Xorth-
ern and Western Ry. Co. See statement of DES MOINES AND XORTHWESTERN RR. Co. on
page 206.

Rolling Stock, June 30, 1890. — Locomotive engines, 3. Cars — passenger, 3 ; baggage,
etc., 1 ; freight (coal), 38 ; caboose, 1— total cars, 43.

Operations for year ending June 30, 1891.— Train mileage— passenger, 45,548 ; mixed,
28,493— total, 74,041 miles. Passengers carried, 34,251 ; carried one mile, 785,386 ; average

206 POOK'S MANUAL OF RAILROADS.

mile rate, 2.72 cents. Tons freight moved, 72,419 ; moved one mile, 1,653,693 ; average ton-
mile rate, 6.225 cents. Earnings— passenger, $21,358.88 ; freight, $102,958.82 ; mail, $2,-
208.96; express, $1,080 ; other, $1,896.67— total, $129,503.33. Expenses— maintenance of
way, $21,590.76 ; maintenance of equipment, $3,687.18 ; transportation, $28,651.45 ; general,
$30,264.18— total, $84,193.57. Net earnings, $45,309.76. Payments : Interest on bonds,
$37,045.83 ; rents, $11,346.31 ; taxes, $1,725.55 ; permanent improvements, $6,503.90— total,
$56,621.59. Deficit, $11,311.83 ; deficit forward, $8,949.42— total, $20,261.25.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $832,700 ; funded debt
(1st mortgage 5 per cent. 50-year $1,000 coupon bonds, dated November 23, 1889, interest
payable in New York, January and July), $741,000 ; loans and bills payable, $6,741.41 ; cur-
rent accounts, $20,137.44; unpaid coupons, $33,799.88— total, $1,634,408.73. Contra: Cost
of road and equipment, $1,580,203.90 • materials and supplies, $1,223.41 ; other^ assets, $744.-
32 ; bills receivable, $5,900.70 ; cash on hand, $21,008.23 ; due from agents, $5,066.92— total,
$1,634,408.73.

DES MOINES AND NORTHWESTERN RAILWAY COMPANY.

Line of Road. — Des Moine?, la., to Fonda, la 114 miles.

Sidings, etc., 6.45 miles. Gauge, 3 ft. Rail— iron, 35 ; steel (<2 miles), 52 and 66 Ibs.

History. — Organized in October, 1887, as successor to the Des Moines, Adel and Western
Ry. Co., whose property was sold under foreclosure at about that time. (See MANUAL lor
1891.)

In August, 1891, this company and the Des Moines and Northern were consolidated as
the Des Moines, Northern and Western Ry. Co., and since then the gauge has been broadened
to the standard. The capital stock of the consolidated company is stated as $6,500,000, and
a mortgage has been filed with the Metropolitan Trust Co. of New York, as trustee, to secure
an issue of consolidated mortgage bonds to the amount of $18,500 per mile.

Rolling Stock, June 30, 1891. — Locomotive engines, 10. Cars — passenger, 4 ; baggage,
mail, and express, 4 ; freight (box, 298 ; flat, 24; stock, 52 ; coal, 101), 475 ; other, 1 — total,
484. All of the freight cars except 50 box cars are leased.

Operations for year ending June 30, 1891. — Train mileage— passenger, 73,856; freight,
98,183 ; other, 11,380— total, 183,419 miles. Passengers carried, 67.907 ; carried one mile,
1,819,827 ; average mile rate, 2.65 cents. Tons freight moved, 102,907 ; moved one mile, $4,-
188,314 ; average ton-mile rate, 3.72 cents. Earnings — passenger, $48,225.74; freight, $155,-
715.08; mail, $6,791.40;; express, $3,000 ; other, $1,530.01— total, $215,272.18. Expenses-
transportation, $55,581.30 ; motive power and cars, $10,513.68 ; maintenance of way and
buildings, $73,500.63 ; general, $31,491.66— total, $171,087.27. Net earnings, $44,184.91.
Payments: Interest on bonds, $22,500; on? debt, $5,663.30; improvements, $123,057.12;
taxes, $4,908.02— total, $156,128.44. Deficit for year, $9,943.53. Deficit from last year, $77,-
564.90— total deficit, $87,508.43.

Financial Statement, June 30, 1891.— Capital stock (authorized, $4,000,4)00 ; par, $100),
$1,000,400; funded debt, $450,000; bills payable, $74,661.40; current accounts, $14,556
accrued interest, $22,750— total, $1,562,367.93. Contra: Cost of road and equipment, etc.,
$1,450,400 ; other assets, $24,459.50 ; profit and loss, $87,508.43— total, $1,562,367.93.

Funded debt consists of first mortgage 5 per cent. $10.000 coupon bonds, dated May
20, 1888, due 1895, interest payable ^ay and November, at Des Moines, la. Annual meeting
in January at Des Moines, la.

Officers Des Moines, Northern and Western Ry. Co. :

F. M. HUBBELL, President Des Moines, 1 ..

F. C. Hubbell, 1st Vice- President and Superintendent Des Moines, la.

E. P. Pratt, 2d Vice-President Des Moines, la.

Treasurer— H. D. Thompson Des Moines, la. | Secretary— ft. L. Chase Des Moines. In

Auditor— 3. M. Miller " " | Financial Agent— A. N. Deuman — ...

PRINCIPAL OFFICE AND ADDRESS Des Moines, la.

POOR'S MANUAL OF RAILROADS. 207

DES MOINES UNION RAILWAY COMPANY.

Lino of Road.— In the city of Des Moines, la 2.7 miles.

History.— Chartered January 7, 1886. Expenses during 1890-91, $106,597.29.
Financial Statement, June 30, 1891.— Capital ?tock (authorized, $2,000,000; $100 shares),
$400,000 ; funded debt, 1st mortgage 5 per cent. 30-year bonds, due November 1, 1917, inter-
y and November ($800,000 authorized), issued, $511,000— total, $911,000. Contra:
: road, $953,125 ; rolling stock, $17,000 ; bills receivable, $27,003.23 ; materials and
supplies, $6.392.18— total, $1,003,520.41. Excess of assets, $8,224.47.

Directors.— G. M. Dodge, New York, N. Y. ; Charles M. Hayes, St. Louis, Mo.; L. M.
Martin, F. M. Hubbell, F. C. Hubbell, A. B. Cummins, H. D. Thompson, A. X. Denman,
l>es Moiues, la.

F. C. HUBBELL, President Des Moines, la.

A. B. Cummins, 1st Vice- President Des Moines, la.

Stcrttary—Y. M. Hubbell Des Moines, la. | Treasurer— H. D. Thompson Des Moines. la.

PRINCIPAL OFFICE AND ADDRESS Des Moines, la.

DODGE CITY, MONTEZTJMA AND TRINIDAD RAILWAY COMPANY.

Line of Road. — Dodge City, Kan., to Montezuuia, Kan 26.4 miles.

Gauge, 4 ft. 8A in. Rail (steel), 56 Ibs.

History. — Organized March 26, 1887, and road completed as above in 1888. The project
is for a road to Triuidad, Col., 245 miles from Dodge City. No report of operations or fic,an-
cial condition furnished for 1891. Train service is supplied by the C., R. I. & P. Ry. Co. at
$26 per day.

Financial Statement, June 30, 1889 (latest furnished). — Capital stock (par, $50),
$2,000,000. Contra : Cost of road and equipment, *266,409.13.

Directors.— Wilson Soule, F. W. Dickinson, Rochester, N. Y. ; R. R. Hudson, W. \V.
Munsell, J. W. Gilbert, Dodge City, Kan.

WILSON SOULE, President Rochester, N. Y.

F. \V. Dickinson, Vice-President Rochester, N. Y.

Sec. d- 7Vv<«.— W. W. Mimsell Dodge City, Kau . Auditor— John W. Gilbert Dodge City. Kau .

PRINCIPAL OFFICE AND ADDRESS Dodge City. Kan.

DOVER AND STATESBORO' RAILROAD COMPANY.

Projected Line of Road.— Dover, Ga. , to Jessup, Ga 110 miles.

Completed : Dover. Ga., to Statesboro', Ga 10 miles.

Gauge, 4 ft. 81 in. Rail (iron), 40 Ibs.

History.— Chartered in April, 1889 ; road opened as above November 21, 1889.

Rolling: Stock, December 31, 1891.— Locomotive engine, 1. Cars— passenger, 1 ; bag-
gage, mail, and express, 1 ; freight (platform), 3— total cars, 5.

Operations for year ending December 31, 1891.— Train mileage, passenger and freight
statistics not reported. Earnings — passenger and express, $4,048.30; freight, $9,086.47;
mail, $439.48— total, $13,574.25. Operating expenses, $9,974.31. Net earnings, $3,599.94.'
Paid interest on bonds, $3,500 ; on debt, $95.01— total, $3,595.01. Surplus, $4.93.

Financial Statement, April 30, 1890 (latest furnished).— Capital stock, $100,000 ; funded
debt (1st mortgage 7 per cent. 20-year $100 coupon bonds, due May 1, 1909, interest payable
May and November), $50,000; bills payable, $1,037.50; profit and loss, $2,554.04— total,
$153,591.54. Contra : Cost of road, rolling stock, and real estate, $153,380.89 ; balance, cash
on hand, $240.65-total, $153,591.54.

Annual meeting in May, at Augusta, Ga. Trustees of bonds, J. A. Brannan, B. E.
Turner, Statesboro', Ga. ; J. A. North, Augusta, Ga. Coupons payable at Augusta, Ga.

208 POOR'S MANUAL OF RAILROADS.

Directors.— F. T. Loekhart, James L. Fleming, L. C. Hayne, J. T. Newbery, G. P.
Curry, Augusta, Ga. ; James E. Hogan, Clito, Ga.

GEORGE P. CURRY, President Augusta, Ga.

Secretary— F. T. Lockhart Augusta, Ga. | Treasurer— 3. T. Newbery Augusta, Ga.

PRINCIPAL OFFICE AND ADDRESS Augusta, Ga.

DULUTH AND IRON RANGE RAILROAD COMPANY.

Main Line of Road. — Duluth ma Two Harbors to Ely, Minn 113.4

Tower Branch ; Tower Junction, Minn., to Tower, Minn." 1.4

Trackage : St. Paul & Duluth RR.: Union Depot to 5th Av., Duluth, Minn. t).8— 115.6 miles.
Sidings, etc., 36.43 miles. Gauge, 4 ft. 8£ in. Rail (steel), 60 and 80 Ibs.

History. — Chartered December 21, 1874. Received from the State a swamp land grant
of ten sections to the mile. Road opened as above October 1, 1888. (See MANUAL for 1890.)

Rolling Stock, June 30, 1891. — Locomotive engines, 34. Cars — passenger, 8 ; combina-
tion, 2 ; baggage, mail, and express, 2 ; freight (box, 50 ; platform, 298 ; stock, 2 ; coal, 15 ;
ore, 773 ; caboose, 23), 1,161 ; other cars, 4— total cars, 1,177. Also 1 tug and 1 lighter.

Operations for year ending June 30, 1891. — Train mileage — passenger, 141,674 ; freight,
318,332 ; other, 150,934— total, 610,940 miles. Passengers carried, 369,610 ; carried one
mile, 3,843,944; average mile rate, 2.75 cents. Tons freight moved, 1,001,878 ; moved one
mile, 74,464,916 ; average ton mile rate, 1.24 cents.
Earnings.— Passenger $105,785 92 Expenses.— Transportation $218/200 75

Freight 922,642 92

Mail 5,563 61

Express 3,824 72

Miscellaneous 1,259 79

Total ($8,988.60 per mile) $1,039,081 96

Motive Power 34,406 15

Maintenance of Cars 66,674 38

Maintenance Way & Buildings. 141,300 94,

General 50,265 90

Total ($4,418.24 per mile) $510,848 12

Net earnings (50.84 per cent.), $528,233.84. Add other receipts, $6,717.68— total net in-
come, $534,951.52. Payments : Interest on bonds, $218,200 ; on debt, $2,085.06 ; taxes, $23,-
617.33; improvements, $9,336.48— total, $253,238.87. Surplus, $281,712.65. Surplus from
last year, $440,892.28— total surplus, $722,604.93.

Financial Statement, June 30, 1891.— Capital stock, $500,000 ; funded debt, 1st mort-
gage 5 per cent. 50-year coupon ($1,000) and registered ($1,000 and $5,000) bonds, due Octo-
ber 1, 1937, interest April and October, at company's office, Mills Building, New York City,
$4,364,000 ; current accounts, $70,923.68 ; bills payable, $30,000 ; interest accrued, $54,550 ;
income certificates, $3,500,000 ; equipment replacement account, $5,413.13 ; profit and loss,
$722,604.93— total, $9,247,491.71. Contra : Cost of road and buildings, $7,853,633.45 ; equip-
ment, $1,023,945.73; real estate, $6,168.74; materials and fuel on hand, $69,148.23; dis-
bursements in connection with swamp land grant, $103,569.50 ; current accounts, $165,789.51;
cash on hand, $25,236.58— total, $9,247,491.74. On the road from Duluth to Tower, $3,500,-
000 of the bonds were issued, and the balance of them at the rate of $25,000 per mile for
additional road, $7,000 per mile for equipment, and $12,000 per mile for double main track.

Annual meeting, first Monday after first Wednesday in June, at Duluth, Minn. ; books
>close ten days previously. Trustee of bonds, Metropolitan Trust Co., New York City. Vot-
ing power attaches to stock after ten days' ownership. First mortgage bonds listed on the
3Stew York Stock Exchange.

Directors (elected June 8, 1891).— H. R. Bishop, R. P. Flower, B. Brewster, D. O. Mills,
H. M. Flagler, New York, N. Y. ; M. J. Carpenter, Duluth, Minn. ; 11. H. Porter, M. Fi«ld,
L. Silverman, C. W. Hillard, C. P. Coffin, Chicago, 111. ; P. H. Kelly, St. Paul, Minn. ;
C. Tower, Jr., Philadelphia, Pa.

H. H. PORTER, Chairman of Board Chicago, 111.

M. J. CARPENTER, President Duluth, Minn.

Vice -Pres. and Treas.—C. W. Hillard. ...Chicago, 111. | Auditor— A. H. Viele ..Duluth, Minn.

PRINCIPAL OFFICE AND ADDRESS Duluth, Minn.

Transfer Office Mills Building, New York, N. Y.

American Bank Note ComPany'

78 TO 86 TRINITY PLACE, NEW YORK.

BUSINESS FOCNDED, 1795. — INCORPORATED UNDER LAWS OF STATE OF NEW YORK, 1858.— REORGANIZED, 1879.

ENGRAVERS £ PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange, Letter Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IX THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES,
WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING.

Special papers manufactured exclusively for use
of the Company.

SAFETY COLORS.- -SAFETY PAPERS.

WORK EXECUTED IN FIRE-PROOF BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,
ILLUMINATED^ SHOW CARDS

OF THE MOST APPROVED STYLES.
NUMBERED, LOCAL AND COUPON TICKETS, of any Size, Pattern, Style, or Device with Steel Plate Tints

LITHOGRAPHIC AND TYPE PRINTING.

SHOW CARDS, LABELS, CALENDARS

Blank: Bool^cs of Every Description

TRUSTEES :

JAMES MACDONOUGH, PRESIDENT.
AUG. D. SHEPARD,— YICE-PRESIDSNTS— TOURO ROBERTSON.

THEO. H. FREELAND, SECRETARY AND TREASURER.
JNO. E. CURRIER, ASST. SECRETARY. J. K. MYERS, ASST. TREASURER.

P. C. LOUNSBURY, JOS. S. STOUT, J. B. FORD,

T. H. PORTER, W. J. ARKELL, E. C. CONVERSE, ELLIOTT F. SHEPARD.

RESUMPTION

AND THE

SILVER QUESTION;

.A. ZEEaonxfLlDooIls: fox* tilxe T±:m_es-

EMBRACING

A SKETCH OF THE COINAGE AND OF THE LEGAL-TENDER

CURRENCIES OF THE UNITED STATES AND

OTHER NATIONS.

By HENRY V. POOR.

(1878.)

Summary of the Contents.

PART I. — The distinction between the money of Banks and of Government.

PART II. — An examination of the Report of the late Conference between Mr. Secretary
Sherman and the Committee on Finance of the Senate, and the Committee
on Banking and Currency of the House of Representatives, of the United
States.

PART III.— A History of the Coinage of the United States; of the Act of 1873, de-
monetizing silver; and a sketch of the monetary systems of the great
commercial Nations, Great Britain, France, and Germany.

PART IV. — A History of Legal-Tender Currencies, embracing a History of the Legal-
Tender Currencies of the Mongols ; of the Continental Currency of the
United States ; of the Assignats of France, and of the present Legal-Tender
Currency of the United States.

PART V. — The Greenback Party.

PART VI. — How Resumption is to be Effected.

PRESS NOTICES.

ffevf York Evening Fast.

We commend Mr. Poor's book, as it deserves, as a most convenient, reference handbook concerning the
history of silver money in the United States, the monetary history of other countries, and other matters of a
similar nature, all of which are presented incompact and convenient shape, and fitted to the hand by an elaborate
analytical index.
Philadelphia ledger.

A timely and valuable book, which cannot bo too carefully studied, and every line of which is full of
warning and instruction.
Xvut York Journal of Commerce.

A timely and valuable contribution to a subject now demanding the earnest attention of every thonghtfal
citizen. It will help to clear away much of the fog in which the whole question of the currency is now enveloped.
It is in no sense partisan, and is addressed wholly to the reason and intelligence of the reader. It is indeed, as
it is called, "A Handbook for the Times."
Boston Journal.

This volume is pungent and full of information. It is very fresh and suggestive, and contains a large
amount of information which gives it value, and makes it stimulating and helpful in extending and directing
financial discussion.

1 Volume, 12mo, Cloth, pp. 250. Prioe, $1.00.

Sent free of postage, on receipt of price, by the publishers, and for sale by all booksellers.

H.V.&H.W.POOR, Publishers, 70 Wall St., New York,

POOR'S MANUAL OF RAILHOAD8. 209

DULUTH AND WINNIPEG RAILROAD COMPANY.

Line of Road Projected.— Duluth, Minn., to International Boundary 250 miles.

. , ( Cloquet, Minn., to Deer River, Minu 85.3

hnpkted: -j Cloquet> Minn> t to Short Line Park 12.7—98 miles.

{Sidings, etc., 8.3 miles. Gauge, 4 ft. 8£ in. Rail (steel), 60 Ibs.

History. — Chartered February 1, 1878; road completed from Cloquet to Grand Rapids,
71 miles, in December, 1889 ; as above (98 miles) in November, 1891. Operated by the North
Star Construction Co., Baltimore, Md.

Rolling Stock, June 30, 1891. — Locomotive engines, 5. Cars— passenger, 4; combi-
nation, 2; freight (box, 10; platform, 50 ; caboose, 5), 65 ; other. 10 — total, 81.

Operations for year ending June 30, 1891. — Train mileage — passenger, 51,129; freight,
•,'4,974— total, 76,093 miles. Passengers carried, 19,098 ; carried one mile, 857,614. Tons
freight moved, 20,779 ; moved one mile, 954,184. Earnings — passenger, $24,498.64; freight,
$37,467.20 ; mail, $2,998.59 ; telegraph, $916.31 ; other, $1,063.79— total, $66,944.53. Ex-
penses— transportation, $20,979.02 ; maintenance of equipment, $3,876.04 ; way and build-
ings, $9,140.19 ; general, $15,611.94— total, $49,607.19. Net earnings, $17,337.44.

Financial Statement. — Capital stock authorized — common, $3,000,000 ; preferred, $2,-
000,000 ; funded debt, 1st mortgage 5 per cent. 40-year $1,000 gold coupon or registered
bonds, due July 1, 1929, interest payable January and July ($7,000,000 authorized), $1,960,-
000 outstanding January 1, 1892.

Annual meeting, second Tuesday in December. Preferred stock is entitled to 5 per
cent, per annum, payable semi-annually. Registrar of stock, Safe Deposit and Trust Co. of
Baltimore, Md. Trustee of bonds, Guarantee Trust and Safe Deposit Co., Philadelphia, Pa.
Bonds ($1,940,000) listed on Philadelphia and Baltimore Stock Exchanges.

Directors (elected December, 1890).— A. W. Wright, Alma, Mich. ; C. W. Wells, Saginaw,
Mich.; T. B. Casey, Minneapolis, Minn. ; W. H. Fisher, R. S. Munger, Duluth, Minn.; E. D.
Childs, Crookston, Minn. ; Roderick W. Cameron, New York, N. T. ; Donald Grant, Faribault,
Minn.; H. J. Boardman, Boston, Mass.

A. W. WEIGHT, President Alma, Mich.

\V. H. Fisher, Vice-President and General Manager Duluth, Minn.

Sec. <(• Tram. Agt.— Charles G. Heim. Baltimore, Md. | Treasurer— Charles W. Wells Saginaw, Mich.

PRINCIPAL OFFICE AND ADDRESS Lyceum Building, Duluth, Minn.

Stock Transfer Office Rialto Building, Baltimore, Md.

DULTJTH BELT LINE RAILWAY COMPANY.

Line of Road Projected.— Bay View Heights to Duluth, Minn 6 miles.

Completed : Bay View Heights, Minn., to West Duluth, Minn 3 miles.

Gauge, 4 ft. 84- in. Rail (steel), 56 Ibs.

History. — Chartered December 15, 1888, as the Duluth Incline Ry. Co. Name changed
and road built during the year 1889.

Rolling Stock. — Locomotive engine, 1. Cars — passenger, 2 ; baggage, etc., 1 ; freight, 6.

Financial Statement.— Capital stock (par, $100) authorized, $1,000,000 ; paid in, $150,-
000, representing cost of road, etc.

Directors.— J. R. Myers, H. H. Myers, Beuj. F. Myers, Duluth, Minn.; Charles E.
Dickerman, St. Paul, Minn. ; Morris Beifeld, Chicago, 111.

J. R. MYERS, President Duluth, Minn.

Morris Beifeld, Vice- President Chicago, 111.

Treasurer— H.. H. Myers Duluth, Minn. | Seeretai*y—B . F. Myers Duluth, Minn.

PRINCIPAL OFFICE AND ADDRESS Duluth, Minn.

DULUTH, RED WING AND SOUTHERN RAILROAD COMPANY.

Line of Road Projected.— Duluth, Minn., to Sioux City, la 423 00 miles

mpleted June 30, 1891.— Red Wing, Minn., to Zuuibrota, Minn 24.63 miles.'

Sidings, 2.30 miles. Gauge, 4 ft. 8^ in. Rail (steel), 60 Ibs.
14

210 POOR'S MANUAL OF RAILROADS.

History.— Chartered October 25, 1886, and road opened as above May 13, 1889. The
road is being built by the Red Wing, Duluth and Sioux City Construction Company. Aid
has been voted to the company by counties and towns along the line of the proposed road, to
the amount of $125,000

Rolling- Stock, June 30, 1891. — Locomotive engine, 1. Cars — passenger, 1 ; combina-
tion, 1 ; freight (box, 10 ; platform, 10), 20— total, 22.

Operations.— Not reported.

Financial Statement, June 30, 1891.— Capital stock authorized, $15,000,000; funded
debt provided for — 1st mortgage 5 per cent. 40-year $1,000 gold bonds, due Jan. 1, 1928, in-
terest payable January and July, $20,000 per mile. Trustee, Central Trust Company, New
York, N. Y. Interest payable in New York, N. Y.

Directors (elected November 11, 1891).— F. W. Hoyt, L. P. Hubbard, T. B. Sheldon, S. B.
Foot, G. H. Crary, C. E. Sheldon, Red Wing, Minn.; W. H. Twiford, Geneva, Minn.: A. T.
Stebbins, Rochester, Minn. ; M. J. Toher, Ovvatonna, Minn. ; R. M. Todd, W. A. Moriu,
Albert Lea, Minn. ; W. C. Rice, St. Paul, Minn. ; H. 0. Powell, R. C. Morse, River Falls,
Wis. ; J. W. Park, Balsam Lake, Wis.

F. W. HOYT, President Red Wing, Minn.

S. B. Foot, Vice-President » «

Secretary— G. H. Crary Red Wing, Minn. | Treasurer— T . B. Sheldon Red Wing, Minn.

PRINCIPAL OFFICE AND ADDRESS Red Wing, Minn.

DULUTH, SOUTH SHORE AND ATLANTIC RAILWAY COMPANY.

( Sault Ste. Marie, Mich., to Iron River, Wis 366.24 miles.

| Soo Junction to St. Ignace, Mich 42.97 miles.

Main Lines of Roa<P: \ Marquette to Winthrop Junction, Mich 18.11 miles.

| Nestoria to Houghton, Mich 48.10 miles.

L Atlantic Junction to West Superior 3.74 miles.

Branches ; Bessemer, 3.7 ; Republic, 8.7 ; to Mines and Mills, 50.11 62.51 miles.

Northern Pac. RR., Iron River Junction to Atlanta Junction 38.47 miles.

L. 8. Term, and Trans. Ry., Tract at West Superior, Wis 0.72 mile.

Mine Tracks on C. & N. W. Ry. and Mil. & No. RR 1.78 miles.

^8t. Louis River Bridge : West Superior, Wis.. to Duluth, Minn. . . 1.05 miles.

Total length of lines December 31, 1890 583.69 miles.

Average length of line operated during the fiscal year 582.40 mile?.

Sidings, 98.75 miles. Gauge, 4 ft. 8£ in. Rail (steel, 557.81 miles), 56 and 60 Ibs.

History. — Consolidation, December 22, 1886, of the Sault Ste. Marie and Marquette RR.
Co., the Mackinaw and Marquette RR. Co., the Wisconsin, Sault Ste. Marie and Mackinac
Ry. Co., and the Duluth, Superior and Michigan Ry. Co. The Marquette, Houghton and
Ontonagon and the Marquette and Western RRs. were leased in perpetuity February 15, 1887,
and the properties were purchased outright (but not the franchises of each to be a corpora-
tion) on July 17, 1890. The purchase has not been completed as yet, so the cost of the pur-
chased roads is not included in the balance sheet below.

Rolling Stock, December 31, 1890. — Locomotive engines, 105. Cars — passenger, 41 ;
baggage, mail, and express, 13 ; freight (box, 806 ; stock, 8 ; platform, 742 ; ore, 3,661 ;
caboose, 46), 5,263 ; other, 191— total cars, 5,508.

Operations for year ending June 30, 1891. — Traffic operations not reported.

Earnings.— Passenger $598,308 99

Freight 1,483,488 67

Mail and Express 51,681 33

Miscellaneous 34,401 35

Total ($3,714.09 per mile) $2,167,880 34

Expenses.— Transportation $739,399 07

Motive Power and Cars 137,118 38

Maintenance of Way 217,245 83

General . . . 257,504 01

Total ($2,315.04 per mile) $1,351,267 29

Net earnings (37.67 per cent.), $816,613.05. Add rents, $7,952.88— total available revenue,
$824,565.93. Payments : Interest on 1st mortgage bonds, $200,000; on M., H. & O. bonds,
$302,747.55 ; on debt, $225,188.02 ; rental, July 1 to July 17, 1890 (M., H. and O. dividend,

POOR'S MANUAL— DULUTH, SOUTH SHORE AND ATLANTIC RY. CO. 211

$9,288.94; interest on bonds, $15,224.45), $24,513.39; taxes, $46,028.38— total, $798.477.:M.
Surplus, $20,088.59; deficit forward, $220,711.27— net deficit, $194,622.68.

1887

December 31.

1888
December 31 .

1889 1890

December 31. December 31.

1891

June 30.

Mile* Railro-id Operated

351.68
326,019

782,782

414.79
416,657
979,859

577.77
519,971
1,222,782

583.69 583.09
667.265 {596.088
988,910 903.585

Pii<*t>norer Train Miles

Total Train Mileage

1,108,801
312,123
9,208,234
1,327.087
61,073,143

326,002
1,088,483
50,745

1,532,055
337.344
11,339,702
1,417,479
62,183,902

363,164
1,041,861
63.567

1,742,753
351,932
13,720,911
2,055,457
93,705,300

s

456,789
1,432,627
86,934

1,656.175
420,412
18,724.120
2,270,143
112,165,210

556.684
1,574,883
102.286

2,123.349
436,583
19,994.777
2,192.737
96,879,032
S
598.309
1.483,489
86,082

Freight (ton) Miles •• •

Passenger Earnings

Other Earnings0

Total Earnings

1,465,230

892,822

1,468,592
919,956

1,976,350 '' 2.233.853 2,167,880
1,161,515 j 1,398,545 1,397,296

Xet Earnings ....

572,408
459

548,636

814,835 835.308
7,244

770,584
7,953

Other Receipts

Available Revenue

572.867

548,636
119,400
517,379
- 88,143
3,540 57
2.217 88
1,322 69
62. 64 p. c.
3.20c.
1.65c.
373.18
421.00
116
48
13
6,061

22,000.000
7,800,000
2,770,651
532,214
51,352

814,835
332,963
538,376
- 56,504
3,420 65
2,010 34
1,410 31
59. 90 p. c.
3.30C.
1.50c.
386.41
433.50
113
45
13
5,861

22.000,000
8,368,355
3,435,438
328,858

842.552
405,775
494,658
- 57,881
3,749 42
2,396 04
1,353 38
63.90
2.97 c.
1.40c.
541.67
625.47
105
41
13
5,454

22,000.000
20.472.295
5.621,256
408,297

778.537
727,986
24,513
+ 26,088
3,714 09
2,393 90
1,320 19
64.45D. c.
2.99c.
1.53c.
541.67
640.42
105
41
13
5,454

22,000,000
20.000,000
6,451.-I8o
480,576

Rentals . .

437.877
+ 134.990
4.162 58
2,536 42
1.626 16
60. 93
3.50C.
1.70C.
197.70
222.95
76
26
4
4,730

22,000,000
4,000,000
15,064
663,024
131,189

Balance . . ...

Gross Earnings per Mile

Gross Expenses per Mile
Net Earnings per Mile

Expenses to Earnings

Average per Passenger per Mile

Average per Ton per Mile

Miles Railroad Owned
Miles Track Owned ....

Locomotive*

Passenger Cars .

Ba^ga^e etc Cars ....

Freight and Other Cars

Capital Stock

Bonded Debt

Unfunded Debt
Accounts and Liabilities

Profit and Lo-=s

Total Liabilities

26,809,277
26,054,888
340,053
144,33(3
75,634
194,366

33,154.217
28,696,862
4,128,159
202,232
58,269
68,695

34,132,651
29,170,625
4,723,849
144,595
60,284
30.983
2,315

48,501,848
29,713,384
18,488,813
139,324
73.855
27,434
59,038

48,932,061
30,217.352
18,084.553
103,623
198,568
133.342
194,623

•Property and Equipment . ...

Stocks, Bonds and Other Investments. .
Materials and Supplies

Bills, Accounts and Assets

Cash on Hand . .

Profit and Loss

Total Assets

26,809.277 33,154.217

34.132,651

48,501,848

48,932.061

General Balance Sheet, June 30, 1891.

Cost of Road, Real Estate and Buildings . $28,072.764 80 | Common Stock Paid in $12,000,000 00

Cobt of Rolling Stock 1,720,322 05 | Preferred Stock Paid in 10,000,000 00

Car Trust Equipment. .

Stocks and Bonds Owned .........

Investments in Other Companies.

Materials and Supplies
Current Accounts
Profit and Loss . . .

424,265 00 j Funded Debt 20,000,000 00

17,868,091 54 j Bills Payable 6,027,220 53

216,461 51 i Current.Account* 303.802 06

133,342 28 i Car Trnst Notes 424,265 00

103,623 00 Unpaid Coupons, including July 1, 1891. . 100,000 00

198,568 45 Accrued Interest on Debt 76,773 72

194,622 68

Total Liabilities $48,932,061 31

Total Assets $48,932,061

'ihe funded debt consisted June 30, 1891, of—

1st mtge. 5 per cent. 50-year $1,000 gold coupon bonds, due January 1, 1937, interest January and July. $4,000.000

con. 4 per cent. 100-year $1,000 gold coupon bonds, due August 1, 1990. interest February & August 11,169,300

it mtge. M., H. & O. 8 per cent. 20-year $1,000 coupon bonds, due Jane 1. 1892, Interest June and Dec. 1,354,500

it mtge. M., H. & O. 6 p. c. 30-year $1,000 coupon bonds, due March 1, 1908, interest March and Sept 576,200

mtge. M., H. & O. 6 per cent. $1,000 coupon bonds, dated May 1, 1878-June 1. 1923. int. June & Dec. 1,500,000

et rntge. M., H. & 0. 6per cent. 40-year $1,000 coupon bonds, due April 1, 1925, interest April and Oct. l,400,00a

212 POOR'S MANUAL OF RAILROADS.

The authorized issue of the new first consols of 1990 is $20,000,000, aud of this amount
$8,830,700 is set aside to retire the 1st 5s of 1937 and the bonds of the M., H. and O. RR.,
leaving $11,169,300 in the treasury of the company, to be issued for the purpose of completing
the purchase of the Marquette, Houghton and Ontonagon and the Marquette and Western
RRs., for building an extension from Iron River to West Superior, Wis., for increased ter-
minal and dock facilities, for retiring the floating debt, and for other purposes of the com-
pany. Interest is guaranteed by the Canadian Pacific Ry. Co. and is payable at the Chase
National Bank, New York, or in London ; on the 1st mortgage bonds of 1937 and the Mar-
quette, Houghton and Ontonagon bonds, at the Chase National Bank, New York. The 1st
mortgage 5s are listed on the New York Stock Exchange.

Annual meeting, first Thursday in June, at Marquette, Mich. Books close ten days pre-
viously. Preferred stock is entitled to 6 per cent, non- cumulative dividend. Ten days'
ownership of stock gives voting power. Trustee of bonds and registrar of stock, Central
Trust Company, New York, N. T.

Directors (elected Jane 4, 1891). — Samuel Thomas, Calvin S. Brice, J. W. Sterling,
Walter Watson, W. A. C. Ewen, Thomas W. Pearsall, New York, N. Y.; F. N. Finney,
Minneapolis, Minn. ; George Stephen, Donald Smith, W. C. Van Home, Montreal, Que. ;
W. F. Fitch, Marquette, Mich.

SAMUEL THOMAS, President New York, N. Y.

Calvin S. Brice, Vice-P resident ; New York, N. Y.

W. C. Van Home, 2d Vice-President . . Montreal, Que.

Treasurer— W. A. C. Ewen New York, N. Y.

Secretary— L . M . Schwan "

Ags. Sec. &Ass. Treas.— E.W.Allen. Marquette, Mich.
Auditor — Robert Toombs. .. "

PRINCIPAL OFFICE AND ADDRESS Marquette, Mich.

Stock Transfer Office 80 Broadway, New York, N. Y.

DTTLUTH TRANSFER RAILWAY COMPANY.

Line of Road Completed. — In West Duluth, Minn 3 miles.

Gauge, 4 ft. 8^ in. Rail (steel), 66 Ibs.

History.— Chartered May 31, 1890, to build a railroad from Duluth ma West Duluth, to
Fond du Lac, Minn., 12 miles, with 40 miles of side and other tracks to factories, etc., and
to furnish terminal facilities for the railroads entering Duluth. About l£ miles of main
line and a number of spurs to manufacturing industries at West Duluth were built during
1891. The company owns one locomotive engine.

Financial Statement.— Capital stock— authorized, $2,000,000; subscribed, $150,000;
paid in, $15,000 ; other liabilities, $53,000. Cost of road and equipment to April 1, 1891,
$68,000. Total amount expended for track, right of way, and yards, $125,000. Estimated
cost of completed road, $1,500,000. In July, 1891, a mortgage for $2,000,000 was recorded
with the Metropolitan Trust Co., New York, N. Y., 10 provide means to build ore docks,
wharves, purchase equipment, etc.

Annual meeting, first Tuesday in June.

Directors. — A. Harrington, Minneapolis, Minn. ; O. H. Simonds, D. H. Merritt, C. E.
Lovett, Jos. Sell wood, J. D. Boyd, Duluth, Minn. ; J. A. Willard, Maukato, Minn.

A. HARRINGTON, President Minneapolis, Minn.

Treasurer— T>. H. Merritt Duluth, Minn. | Secretary— O. H. Simonds Duluth, Minn.

PRINCIPAL OFFICE AND ADDRESS Duluth, Minn.

DUNKIRK, ALLEGHENY VALLEY AND PITTSBURGH RR. CO.

Line of Road as Projected.— Dunkirk, N. Y., to Oil City, Pa 106.5 r

In Operation : Dunkirk, N. Y., to Titusville, Pa 90.6 i

Sidings, etc., 15.5 miles. Gauge, 4 ft. 8£ in. Rail (steel, 90.6 miles), 56 and 60 Ibs.

POOR'S MANUAL OF RAILROADS.

History.— Consolidation (November 23, 1872) of the Dunkirk, Warren and Pittsburgh,
and the Warren and Venango RR. Companies. Road opened August 20, 1871. Leased to
the X. Y. C. & H. R. RR. Co. for 501 years from December 1, 1872, but operated independ-
ently. Rental, interest on bonds, and 1£ per cent, on stock.

Rolling Stock, June 80, 1891. — Locomotive engines, 11. Cars — passenger, 13 : com-
bination, 2; baggage, mail, and express, 2; freight (box, 25 ; platform, 51 ; coal [leased], 14),
90 ; other, 1 — total cars, 108.

Operations for year ending June 30. 1891.— Train mileage — passenger, 126,254 ; freight,
107.771 ; other, 15,381— total, 249,406 miles. Passengers carried, 194,082 ; carried one mile,
3,206,552 ; average mile rate, 2.79 cents. Tons freight moved, 257,682 ; moved one mile,
12,113,440 ; average ton-mile rate, 1.44 cents.

Expenses.— Transportation & Roll. Stock. ..$124,518 29
Maintenance Way and Buildings 54,367 59

General and Taxes 25,071 88

Earnings.— Passenger 889,371 06

Freight 165,851 56

Mail, Express, and Other 10,390 16

Total ($2,931. 71 per mile) $265,612 78 , Total ($2,251.19 per mile). ... £203,95776

Net earnings (23.21 per cent.), $61,655.02. Paid State taxes, $992.15. Balance, surplus,
$60,662.87. Surplus from June 30, 1890, $118,958.04. Total surplus to profit and loss,
$179,620.91.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $1,300,000; funded
debt, $2,900,000; loans and bills payable, $189,577.05 ; current accounts, $24,859.29 ; profit
and loss, $179,620.91— total, $4,594,057.25. Contra : Construction, $4,278,531.67 ; equipment,
$262,725 ; materials and fuel, $21,696.68 ; current accounts, $15,358.79 ; cash, $15,745.11—
total. $4:594,057.25.

The funded debt consists of the following issues (all coupon bonds) : 1st mortgage 7 per
cent, (gold) 30-year bonds, due June 1, 1900, interest June and December, $2,000.000 ; 2d
mortgage 7 per cent. 28-year bonds, due October 1, 1900, interest April and October, $700,000;
3d mortgage 7 per cent. 28-year bonds, due October 1. 1900, interest April and October, $200,000
—total, £2, 900,000; annual charge (gold, $140,000), $203,000. Interest on bonds payable at
Grand Central Station, Xew York, X. Y. Trustee of bonds, Union Trust Co., New York.
Voting power attaches to stock after 30 days' ownership. Annual meeting, first Tuesdny in
December, at Albany, N. Y. ; books close 30 days previously.

Directors. — Chauncey M. Depew, Cornelius Vanderbilt, Win. K. Vanderbilt, F. W.
Vanderbilt, E. D. Worcester, Charles C. Clarke, Horace J. Hayden, S. F. Barger, H. Walter
Webb, Xew York, X. Y. ; Dwight W. Pardee, Brooklyn, X. Y. ; Darwin Thayer, Oscar W.
Johnson, Fredonia, X. Y. ; Rasselas Brown, Warren, Pa.

CHADNCEY M. DEPEW, President Xew York, X. Y.

H. Walter Webb, Vice-P resident Xew York, X. Y.

fkcretary-V. W. Pardee New York, X. Y. I Siiperintendd.t-C. H. Ketcham Dunkirk. X. Y.

Treasurer— E. V. \V. Rossiter " | Comptroller— 3 . Carstensen Xew York, X. Y .

PRINCIPAL OFFICE AND ADDRESS Dunkirk, X. Y.

Transfer Office Grand Central Station, Xew York.. X. Y.

DURHAM AND NORTHERN RAILWAY COMPANY.

Line of Rond.— Henderson, N. C., to Durham. X. C 41.4 miles.

1.5 miles. Gauge, 4 ft. 9 in. Rail (steel, 41.4 miles), 50 Ibs.

History.— Chartered February 2, 1887; road opened about April 1, 1889. It is largely
owned by the Raleigh and Gaston RR. Co., and forms part of the Seaboard Air Line.

Rollins? Stock, June 30, 1891. — Locomotive engines, 2. * Cars — passenger, 3 ; freight
(box), 23 -total cars, 26.

Operations for year ending June 30, 1891.— Train mileage— passenger, 25,871 ; freight,

J3 ; other, 2,575— total, 54,669 miles. Passengers carried, 20,921 ; carried one mile,
400,087 ; average mile rate, 2.90 cents. Tons freight moved, 23,689 ; moved one mile, 853,

214 POOR'S MANUAL OF RAILROADS.

102; average ton-mile rate, 3.89 cents. Earnings — passenger, $11,008.66 ; freight, $33,183.-
85; mail, $1,797.65; express*. $306.70; other, $1,661.23— total, $48,^58.09. Operating ex-
penses — transportation, $16,551.72 ; maintenance of cars, $1,697.(J6 ; maintenance of way,
etc.. $13,042.01 ; general, $4,365.77— total, $35,657.16. Net earnings, $12,900.93 ; add rec<
from interest and dividends, $511.04 — total available revenue, $13.411.97. Paul interest on
bonds, $9,000 ; taxes, $1,346.69— total, $10,346.69. Surplus, $3,065.28.

Financial Statement, June 30, 1891.— Capital *tock (authorized, $500,000 ; par, $100),
$290,300 ; funded debt (1st mortgage 6 per cent. 40-year $1,000 coupon bonds, due Novem-
ber, 1928, interest payable May and November), $150,000; current accounts, $9,642.11 ;
profit and loss, $4,104.22 -total, $454,046.33. Contra: Cost of road, $415,121.16; rolling
stock, $25,913.56 ; current accounts, $4,913.35 ; cash on hand, $8.098.26— total, $454, 046. :;:',.

The bonds are authorized at the rate of $6,0(;0 per mile of main line. Trustee, the Mer-
cantile Trust and Deposit Co., Baltimore, Md. Interest payable at the National Farmers'
and Planters' Bank, Baltimore, Md. Annual meeting, second Thursday in November, at
Raleigh, N. C. Registrar of stock, G. E. Hunter, Raleigh, N. C.

Directors (elected November 12, 1891).— R. C. Hoffman, Baltimore,. Md.; R. S. Tucker,
John Devereux, Jr., Raleigh, N. C. ; D. Y. Cooper, Henderson, N. C. ; George \V. Watts,
L. A. Carr, Durham, N. C.

JOHN C. WINDER, President and General Manager Raleigh, N. C.

Sec. and Treas.—G. E. Hunter Raleigh, N. C. \ Auditor of Accounts— 3. B. Martin Raleigh, X. C.

PRINCIPAL OFFICE AND ADDRESS Raleigh, N. C.

EAST AND WEST RAILROAD COMPANY OF ALABAMA.

Main Line of Road.— Cartersville, Ga., to Pell City, Ala .., 117.6

Tecumseh Branch : Warners to Tecumseh, Ala 1.5 — 119. 1 miles.

Sidings, etc., 7 miles. Gauge, 4 ft. 9 in. Rail (steel), 60£ Ibs.

History.— Chartered February 20, 1882. Road opened October 1, 1882. On May 25, 1886,
purchased the Cherokee RR. from Cartersville, Ga., to Esom Hill, 46 miles. Receiver ap-
pointed March 16, 1888, and in same year line extended to Pell City. Early in 1889 a com-
mittee of reorganization was selected, but up to March, 1892, no plan had been agreed upon.

Rolling Stock, June 30, 1891. — Locomotive engines, 12. Cars — passenger, 4 ; baggage,
mail, and express, 3 ; freight (platform, 8 ; coal, 242), 250 ; other, 38 — total cars, 295. One
hundred of the coal cars are leased.

Operations for year ending June 30, 1891. — Train mileage and freight traffic not re-
ported. Passengers carried, 53,902; carried one mile, 1,079,042.

Earnings — Passenger $32,371 27

Freight 88,739 59

Mail and Express 6,436 3U

Miscellaneous... 5,93195

Expenses.— Transportation $57.0 Iv! :-!

Motive Power and Cars 11,404 51

Maintenance of Way 40,155 40

General... 18,03836

Total ($1,120.73 per mile) $133,479 17 Total ($1,063.06 per mile) $126,610 80

Net earnings (5.15 per cent.), $6,868.37. Surplus from last year, $17,112.84— total sur-
plus as per balance sheet, $23,981.21.

Receiver's Statement, June 30, 1891. — Receiver's certificates, $649,862.50 ; sale narrow
gauge material, $129,324.33 ; due other railways, $1,042.83 ; former administration, $301.88 ;
balance of income, $23,981.21— total, $804,512.75. Contra: Cash, $7,395.51 ; current ac-
counts, $4,102.02; cost of road, $675,673.91 ; rolling stock, $117,341.31— total, $804.512.75.
Financial Statement.— Capital stock (authorized, $2,000,000), $1,190,000 : funded debt,
1st consolidated mortgage 6 p^r cent. 40-year $1,000 gold coupon bonds, with privilege «»f
registration, due December 1, 1926, interest payable June and December (in default since
December, 1887), $1,750,000— total stock and bonds, $2,940,000. Cost to December 31, issr,
—road, rolling stock, and buildings, $2,230,593 ; real estate and coal lands, $240,000. The
bonds were issued to retire $800,000 old firsts, and $500,000 debentures. Principal and in-

POOR'S MANUAL OF RAILROADS. 215

•rest payable at the American Loan aud Trust Co., trustee. Bonds are on the special list of
it- NIMV Vork Stock Exchange.

Annual meeting, third \Yednesday in April ; books close 30 days previously. Registrar
'stuck. American Loan and Trust Co., X»-\v V«.rk. X. Y.

CHARLKS P. BALL, Receiver ar.d Munn'jtr Cartersville. Ga.

Kr<; s N K KKI.LY, President New York, X. Y.

John Byrne New York, X. Y. <:ns/ii- •••/•— Geow B. Allen Cartersville, Ga.

.,-• - -I . M . Purse Carti-rsville, Ga.

PRINCIPAL OFFICE AND ADDRESS Cartersville, Ga.

EAST BROAD TOP RAILROAD COMPANY.

Main Line of Road.— Mount Union, Pa., to Woodvale, Pa ........... 31.00

Leased : Shade Gap RR. : Rock Hill to Goshorn, Pa .................... 9.36

n „ T>»~ „*, l' Goshorn to Nancy, Pa ........................ 1.80

Ore Branch . - Junction to BOO^ MinCf Pa .................. 2.36-44.52 miles.

Sidings, 8.92 miles. Gauge, 3 ft. Rail (steel, 44.52 miles), 45 Ibs.

History. — Chartered April 16, 1856 ; road opened October 15, 1874.

Rolling Stock, June 30, 1891. — Locomotive engines, 8. Cars — passenger, 6 ; baggage,
etc., 3 ; freight (box, 13 ; stock, 4 ; platform, 49 : coal, 184), 250 ; other, 43— total cars, 310.

Operations for year ending June 30, 1891. — Train mileage — passenger, 42,697 ; mixed,

: other, 52,532— total, 153,936 miles. Passengers carried, 91,575 ; carried one mile,

933,060 ; average mile rate, 2.24 cents. Tons freight moved, 270,171 ; moved one mile,

:29 ; average ton-mile rate, 1.94 cents. Earnings— passenger, $20,852.78 ; freight,

$93,971.27 ; mail, si, 813 24 ; miscellaneous, $6,109.97— total, $122,747.26. Operating ex-

penses — transportation, $36,178.96 ; motive power and cars. $19,258.78 ; maintenance of way

and buildings, $20,259.63 ; general, $7,779.88— total, $83,477.25. Net earnings, $39,270.01.

Add interest and dividends, $67.50 — total revenue, $39,337.51. Payments : Rentals leased

lines, $15,470.71 ; taxes, etc., $1,319.02— total, $16,789.73. Balance, surplus, $22,547.78.

Financial Statement, June oO. 1891. — Capital stock— common, $568,400 ; preferred,
§247.189.43 ; funded debt, $500,000 ; mortgage aud loan, $43,088.88 ; current accounts. $13,-
553.10 ; bills payable. $3,772.58 ; other liabilities, $141,637.19— total, $1,517,641.18. Contra :
Construction, $948.943 ; equipment, $188,159.54; stocks and bonds owned, $91,584.76 ; other
property and assets, $173,326.63; cash. $3,199.85; profit and loss, $117,427.40— total,
$1,517.641.18.

Funded debt consists of 1st mortgage 4 per cent. 30-year bonds, due July 1, 1903, inter
esr payable January aud July. Interest aird dividends payable at Philadelphia, Pa. No
dividends paid on common stock before 6 per cent, paid on preferred. Sixty days' possession
of stock entitles holder to vote. Annual meeting, second Monday in October, at Philadel-
phia. Pa. Trustees of bonds, Philadelphia Trust, Safe Deposit and Insurance Company.
Registrar of stock, Secretary of Company.

SHADE GAP RAILROAD. — Rockhill. Pa., to Goshorn Pa., 9.45 miles. Sidings, 1.73 miles. Gauge,
$£m. Rail steel;. 56 Ibs. Road built and opened in 1885 and leased to East Broad Top RR. Rental for
ir ending November 30, 1890. $13.890.4: ; other receipts. $180— total income. $14.070.47. Expenses and taxes,
: interest on bonds, $5.550 ; dividend (January and July, H per cent, each), $2,778— total. $8.984. Balance,
Jlus. $5,086.47. Capital stock. $92.600 ; funded debt (1st mortgage 6 per cent, bonds, interest pavable April
October, $92.500; income balance. $42.04— total, $185.142.04. Contra: Cost of road and equipment. .*177.-
3 : stock and other investments. $5.260.90 ; other assets. «2,359. 19— total. $185,142.04. Interest and dividends
able at 400 Chestnut Street, Philadelphia. Pa. E. R. WOOD. President and Treasurer; Charles R. Wood.
CORPORATE OFFICE, 400 Chestnut Street, Pa.

Board of Directors, East Broad fop RR. Co., elected January 11, 1892.

;io P^e? ......... Hazleton, Pa. I Percival Roberts. .Philadelphia, Pa. | William Lillv. . . Manch Chunk, Pa.

award Roberts, Jr. .... Phila., Pa. | Edward R. Wood. . •• " | John R. Fell" ..... Philadelphia, Pa.

G. Theodore Roberts.. .. .Philadelphia, Pa. j W. A. Ingham ...... Philadelphia, Pa.

WILLIAM A. INGHAM, President ...... . ................ Philadelphia, Pa.

Edward Roberts, Jr. , Vice-President ................... Philadelphia. Pa.

eneral S>jpf. -A. W Sims ..... Rockhill Furnace, Pa. I Secretary and Treas.-J. E. Haverstick.Philadelphia.Pa.

-Edward Roberts, 3d ....... Philadelphia. Pa. | Master of MacWy— A. W. Green wood. Rockh. Fiirn.. Pa.

PRINCIPAL OFFICE AND ADDRESS ........... 320 Walnut Street, Philadelphia, Pa.

216 POOR'S MANUAL OF RAILROADS.'

EAST FLORIDA AND ATLANTIC RAILROAD COMPANY.

Line of Road.— Orlando, Fla., to Oviedo, Fla 16.150 miles.

Sidings, 0.7 mile. Gauge, 4 ft. 8i in. Rail (steel, 16.3 miles), 40 Ibs.

History.— Consolidation, April 9, 1891, of the Orlando and Winter Park and the Osceola
and Lake Jesup Ry. Cos. The latter was chartered February 13, 1889, and road opened Snp-
titmber 20, 1890. (See MANUAL for 1891, p. 418.) The Florida Central and Peninsular Ry.
Co has purchased this railroad, taking possession January 1, 1892.

Rolling- Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 3 ; baggage,
mail, and express, 1 ; freight (box, 2 ; flat, 4 ; gondola, 2), 8 — total cars, 12. The box and
flat cars are leased.

Operations for year ending June 30, 1891 (average, 13.88 miles). — Train mileage not
reported. Passengers carried, 19,253; carried one mile, 134,772; average mile rate, 3.4o
cents. Tons freight moved, 2,853 ; moved one mile, 35,603 ; average ton-mile rate, 11.46
cents. Earnings— passenger, $4,642.36; freight, $4,080.01— total, $8,722.37. Operating
expenses — transportation, $5,855.94; maintenance of equipment, $886.44; maintenance of
way and buildings, $4,092.72 ; general, $2,516.94— total, $13,352.04. Deficit, $4,629.67.

Financial Statement^ June 30, 1891.— Capital stock ($350,000 authorized ; $100 shares),
$84,300 ; funded debt, $129,700.55— total stock and bonds, $214,000.55.

Funded debt consists of $60,000 O. & W. P. Ry. 1st mortgage 6 per cent, bonds, due
April 2, 1908, interest April and October, secured on the line from Orlando to Lakemont, 6
miles ; $50,000 O. & L. J. Ry. 1st mortgage 6 per cent, bonds, due April, 1910, interest Janu-
ary and July, secured on the line from Lakemont to Oviedo, 10 miles ; and $19,700.55 E. F. &
A. RR. 2d mortgage registered bonds, secured on the entire road.

Annual meeting, first Monday in April, at Orlando, Fla. Books close at beginning of
meeting. Trustee, American Loan and Trust Co., New York, N. Y. Registrar of stock, J. M.
Russell, Secretary, Worcester, Mass. Stock may be voted when transferred upon the books.

Directors (elected April 6, 1891).— C. H. Hutchins, F. P. Knowles, J. M. Russell,
Worcester, Mass. ; John R. Mizell, Henry S. Chubb, James S. Capen, J. H. Abbott, Winter
Park, Fla.

C. H. HUTCHINS, President Worcester, Mass.

J. R. Mizell, Vice-President Winter Park, Fla.

Secretary — J.M. Russell ...Worcester, Mass. \ General Manager — J.H.Abbott Orlando, Fla.

Treasurer— F. P. Knowles Worcester, Mass.

LEGAL OFFICE Orlando, Fla.

Transfer Office Worcester, Mass.

EAST ST. LOUIS CONNECTING RAILWAY COMPANY.

Line of Road.— Along Front Street in East St. Louis, 111 3.36

Leased : Branches to Elevators, Mills, etc 4.26

Illinois and St. Louis RR. (joint use): Terminals at Dike, 111 2.00—9.62 miles.

Sidings, 19.5 miles. Gauge, 4 ft. 8£ in. Rail (steel), 60 and 76 Ibs.

History.— Chartered December 26, 1876 ; road opened October 28, 1879. During the
past year the mileage increased 5.82 miles, and was diminished by the length of the Venice
and Carondelet Belt, 5.4 miles, which was turned over to the Electric City and Illinois Ry.
Co. (controlled by Merchants' Bridge Co.), on September 1, 1890. Equipment consists of 11
freight engines and 30 dump cars.

Operations for year ending June 30, 1891. — Train mileage and traffic operations not re-
ported. Earnings— freight, $143,761.97 ; other, $2,341.67— total, $146,103.64. Expenses-
transportation, $92,146.29 ; motive power, $14,813.88 ; maintenance of way, etc., $31,243.<i2;
general, $13,516.64— total, $151,720.43. Deficit, $5,616.79. Other charges : Interest on
debt, $13,763.54 ; rentals, $12,050 ; taxes, $6,885.49— total, $32,699.03. Total deficit for year,
$38,315.82 ; surplus from last year, $36,640.03— net deficit, $1,675.79.

POOR'S MANUAL OF RAILROADS. 217

Financial Statement, June 30, 1891.— Capital stock (par, $100), $20,000; bills payable,
., 14.86— total, $342,804.86. Contra : Construction, $255,446.38 ; equipment, $81,345.69;
^tate, $4.337 ; profit and loss, $1,675.79— total, $342,804.86.

Annual meeting, second Tuesday in November, at East St. Louis, 111. ; transfer books close
ten days prior to meeting or to payment of dividends. Registrar of stock, S. C. Church, St.
Louis, Mo.

Wivdors (elected January 13, 1891).— John Scull in. A. C. Church, J. W. Turner, C. H.
Sharman, St. Louis, Mo. ; C. W. Thomas, Belleville, 111. ; W. C. Wilson, Henry Sackmau,
East St. Louis, 111.

JOHN SCDLLIN, President St. Louis, Mo.

A. C. Church, Vice-President St. Louis, Mo.

II. L. Clark St. Louis, Mo. | Sec. and Tram. Agt.-S. C. Church St. Louis, Mo.

PRINCIPAL OFFICE AND ADDRESS St. Louis, Mo.

>-k Transfer Office . . . .East St. Louis, 111.

ST. TENNESSEE, VIRGINIA AND GEORGIA RAILWAY COMPANY.

(For map of this system see page 219.)

Lines of Road Operated :

Tennessee Division : Bristol, Tenn., to Chattanooga, Tenn 242.0

Ooltewah Cut-off : Ooltewah, Tenn., to Cohutta, Ga 11.5

North Carolina Branch : Morristown to Paint Rock, Tenn 43.5

Walden's Ridge RR.: Clinton to Harriman Junction, Tenn 30.6

Tennessee Valley Branch Railroad .- 4.0

Tennessee and Ohio RR.: Rogersville to Rogersville June., Tenn. . 16.0

Embreeville Branch : Johnson City to Embreeville, Teun 15.5 — 363.1 miles.

Atlanta Division : Clevelend, Tenn., to Rome, Ga 68.0

Rome and Decatur Division : No. Rome, Ga., to Attalla, Ala 61.3

Atlanta Subdivision : Rome to Macon, Ga 158.5 — 287.8 miles.

Brunswick Division : Macon to Brunswick, Ga 190.0

Hawkinscille Branch : Cochran to Hawkinsville, Ga 10.0 — 200.0 miles.

Alabama Division : Rome, Ga., to Selma, Ala 196.0

Meridian Subdivision : Selma, Ala., to Meridian, Miss 113.0

Akron Branch : Marion June, to Akron, Ala 53.1

Blocton Branch : Birmingham June, to Blockton, Ala 31 .4

Bessemer Branch : Junction to Bessemer, Ala 2U.6 — 414. 1 miles.

Total length of lines whose operations are included below 1,265.0 miles.

Sidings, 252.64 miles. Gauge, 4 ft. 9 in. Rail (steel, 1,087.70 miles), 56 Ibs.
CONTROLLED BY STOCK OWNERSHIP :

Knoxrille and Ohio RR.: Knoxville to Jellico, Tenn., and branches 69.3 miles.

Mobile and Birmingham Ry.: Mobile to Selma, Ala 150.0 miles.

Louitville Southern RR.: Lousiville to Burgin, Ky., and branches 130.0 miles.

Memphis and Charleston RR.: Memphis to Stevenson, Ala., and branches 330.0 miles.

Alabama Gt. Southern Ry.: Chattanooga, Tenn., to Meridian, Miss. . 295.5 miles.

Gin., N. 0. and Tex. Pac. Ry.: Cincinnati, O., to Chattanooga, Tenn 336.0 miles.

Total length of lines owned, leased, and controlled 2,575.8 miles.

Included in the mileage of the Meridian Subdivision is a section of the Mobile and Ohio
RR., from Lauderdale to Meridian, Mies., 18 miles, which is used under trackage contract;
and included in the Atlanta Subdivision is 17.6 miles, from Austell to Simpson Street in At-
lanta, which is owned jointly by this company and the Georgia Pacific RR. Co.

History. — Organized July 1, 1886, as successor to the East Tennessee, Virginia and
Georgia RR. Co., whose property was sold under foreclosure, May 25, 1886. (See MANUAL
for 1891.) The Embreeville Branch was opened June 1, 1891, and tie Bessemer Branch on
the same date.

In September, 1891, the company purchased a controlling interest in the Chattanooga
Union Ry. Co., which see.

Rolling Stock, June 30, 1891.— Locomotive engines, 227. Cars— passenger. 150 ; sleep-
ing, 2 ; baggage, etc., 44 ; freight (box, 3,411 ; stock, 148 ; coal, 4,453 ; charcoal, 120 ; flat

218 POOR'S MANUAL — EAST TENNESSEE, VIRGINIA AND GEORGIA HY. CO.

753; refrigerator, 96; coke, 47), 9,028; caboose, 133; other, 150— total cars, 9,458. The
foregoing includes the following leased cars : refrigerator, 96 ; coal, 1,100 ; box, 410.

Operations for year ending June 30, 1891 (1,265 miles).— Train mileage — passenger, 2,-
091,560; freight, 3,511,057; other, 1, 562,32(5— total, 7,164,943 miles. Passengers carried,
1,256,622 ; carried one mile, 64,205,584 ; average mile rate, 2.53 cents. Tons freight moved,
(through, 824,859; local, 2,618,992), 3.443,851 ; moved one mile (through, 171,683,570 ; local,
352,395,631), 524,079,201 ; average ton-mile rate, 0.91 cent.

Karniuirs. — Passenger

Freight

Mail

Express

Miscellaneous. . .

$1,624,518 75

4,744,919 59

127,505 12

113,569 30

108,216 3S

Expenses.— Transportation $1,73S.

Motive Power 1,37;

Maintenance of Cars 353. 7!« i :>2

Maintenance of Way 704.25S 74

General and Taxes i>

Total ($5,453.91 per mili-i $6,718,729 14

Net earnings (33.68 per cent.), $2,202,740.9

Total ($3,617.14 per mile) £4.4:>

Income Account for year ending June 30, 1891.
Operating Expenses $4,455,988 17 I Balance, Surplus Acct., June

Taxes

Interest on Funded Debt. . $1,855,243 33

Interest Account 34,738 28—

Charges to Profit and Loss

Balance, June 30, 1891

188,302 35 ; 30, 1890 $834,887 53

'. Less Dividend (5 p. c.) on
1,889,981 61 ' 1st Preferred Stock, Dec.

39,228 80 , 15, 1890 550,000 00— $284,887 53

550,419 28 ! Gross Traffic, Earnings 6,718.729 14

j Net Earnings, Knoxville and Augusta RR. 18,896 28
Other Miscellaneous Income 107,407 2&

Total $7.1*9,920 21 Total $7,129,920 21

Statement of operations, etc., for eight years, and of general balances for five fiscal
years ending June 30 :

1884

1885

1886

1887

1888

1889

1890

1891

Miles of RR. Oper't'd (Aver.)
Passenger Train Miles
Freight Train Miles. . .

1,004.00
1,258,127
2,347,041
4,855,027
971,814
39,449,294
1,518.966
206,806,303

1,097,287
2,844,095
231,881

1,097.99
1,500,897
2,430,804
5,051,758
899,341
42,708,085
1,563.382
223,520.335
$
1,079,891
2,667,815
273,861

1,032.50
1,311,397
2,243,996

795.558
40,573,858
1,803,213
245.010,515
$
1,034,021
2,806,892
278,665

1.032.50
1,367,274
2,437,450
4,913,486
830,196
42,765,468
1,946,980
294,677,561
$
1,085,936
3,031,179
251,066

1,032.50
1,669,722
2,714,113
5,804,035
894,242
48,889,529
2,364,909
375,915,626
$
1,220,743
3,630,212
258,963

1,067.10
1,643,551
2,923,846
5,930,304
873,491
50,217,513
2,627,749
424807-567

1,207,229
3,815,067
279,328

1,100.4
1,794.241
3,223.982
6,375,899
1,025,360
58.717.071
3.229,326
535,886.135

l,444,-826
4,656,340
689,0b8

1.231.91
2.091.560
3,511,057
7,164,943

1.25«.C22
64.205.584

524,079-201

1.024.519
4,744,920
349,291

Total Engine Service

Passengers Carried
Passenger Miles

Tons Freight Moved

Freight (ton) Miles

Earnings— Passenger
Freight
Mail, Exp.. etc. .

Total Earnings

4,173,263
2,473,337

4,021,567
2,733,224

4,119,578
2,736,829

4,368,181
2,901,229

5,109,918
3,206,538

5,301,624
3,508,610

6,412.078
4,338,838

4J.V..9vs

Operating Expanses & Taxes

Net Earnings
Interest Paid

1,699,826
1,402,995

1,288,343
1,530,864

1,382,749
1,467,195

1,466,952
831.«i8l
(4) 440,000
4.230 68
2,809 91
1,42077
66.42 p. c.
2.54 c.
1.03 c.
$
57,000,000
20,000,000
149,377
1,273,476
535,273

1.843.380
1,086,993
(5) 550,000
4,949 07
3.16371
1,78536
63. 94 p. c.
2.49 c.
0.97 c.
$
57,000,000
21,000,000
284,377
940,366
703,195

1,793.014
1.223.852
(5) 550,000
4,968 25
3,287 99
1,680 £6
66. 18 p. c.
2.40 c.
0.91 c.
$
57,000.000
23,500,000
62,877
779,550
720,335

2.0:8,240

1,3«6.737
(5) 550,000
5,827 04
3,942 96
1,88408
67. 67 p. c.
2.46 c.
0.87 c.
$
57,000,000
35,240,000
47,295

i,imi,st>r>

2,262,741

1 .SS!).!KJ

3,617 14

66.32 p. c.
2.53 c.
0.91 c.

57,000,000
36,960.000
1,483,841
1,350,417

97,350,677

83,017,745

1,105,868

Div. Paid on 1st Pref. Stock
Gross Earnings per Mile . . .
Expenses and Taxes p. Mile
Net Earnings per Mile
Expenses to Earnings
Av. Rate p. Pass. p. Mile. . .
Av. Rate p. Ton p. Mile. . . .

Capital Stock

3,780 13
2,240 34
1,539 79
59.26 p. c.
2.78 c.
1.37 c.

3,662 63
2,489 27
1,173 36
67.96 p. c.
2.52 c.
1.19 c.

3,751 90
2.492 55
1,25935
66.41 p. c.
2.52 c.
1.14 e.

Funded Debt
Bills Payable

Current Accounts
Surplus Account

Total Liabilities

7s,yr)S.ia<5

71,977,007
2,526
5,008,651
375 211

79,927,938
72,997,653
902,676
4,208,190

446,822
888,395
484,202

82,062,768
74,647,599
1,084,430
4,066,191
486,158
1,224,889
553,501

94,184,048
80,110,520
1,124,039
9,890,843
407,664
1,340,185
1,310,797

Cost of Property

Investments
Securities Owned

Materials and Supplies
Accounts and Assets

372,005
1,222,726

Cash and Bills

Total Assets

78,958,126

79,927,938

82,062,768

94,184,048

97,350,677

219

220 POOK S MANUAL — EAST TENNESSEE, VIRGINIA AND GEOKGIA BY. CO.

General Balance SJieet, June 30, 1891.

Road, Equipment, and Real^Estate .

Construction, Equip., and Betterment. .

Materials and Supplies

Securities Owned

Advances to Other Companies

Branche* under Construction

Bills Receivable

Cash in Bank and on Hand

Current Accounts...

$76,294.569 81

6,713,175 56

547,922 42

12,148,829 47

323,697 67

265,366 32

13,569 21

261,979 69

781,566 70

Common Stock $27,500,000 00

First Preferred Stock ] 1,000,000 00

Second Preferred Stock 18,500,000 00

Funded Debt 36,960,000 00

Bills Payable..* 1,483,840 86

Due to Other Companies 202,9 12 ol

Unpaid Vouchers and Pay Rolls 737,226 70

Balance Coupons and Accrued Interest. . 350,277 40

Surplus Account 556,4!'.* •>

Total Assets $97,350,676 85 Total Liabilities $97,350,676 85

The item " Securities Owned " consists of Alabama Great Southern RR. stock, $5,755,-
780.76 ; plus cash with Central Trust Co., trustee, under requirements of mortgage, $500,-
000 ; together, $6,255,780.76 ; E., T. V. & G. 5 per cent, extension bonds, $200,000 ; ditto
equipment and improvement bonds, $500,000 ; ditto general mortgage bonds, $520,000 ;
Memphis and Charleston RR. stock, $2,656,525 ; Knoxville and Ohio RR. stock, $767,000 ;
Mobile and Birmingham Ry. 2d mortgage 5 per cent, bonds, $816,092.08 ; other stocks and
bonds, $433,431.63— total, $12,148,829.47.

The item "Branches under Construction" consists of: East Tennessee and Alabama
RR., $19,502.94 ; and Johnson City and Carolina RR., $241,951.75 ; Tennessee and Ohio sur-
vey, $3,911.63— total, $265,366.32.

"Advances to Other Companies": Sheffield Machine Works, $55,100; Louisville
Southern lease account, $158,572.67 ; Memphis and Charleston Railroad, $110,025— total,
$828,697.67.

Statement of funded debt outstanding, June 30, 1891 :

No.
Bds.

1
3,123
3,106
1,000
112,770
4,940
5,500
6,000
520

Character of Bonds.

Date.

When Due.

Amount
Out-
standing.

Interest
Rate and when
Payable.

Annual
Interest
Charge.

E. T. & Ga. RR. Co., 1st mtg.
E. T., Va. & Ga. Co., 1st mtg.
E.T.,V. &G.RR. Co., Istm.
Ala. Central RR. Co., 1st mtg.
E. T., V. &G. Cons. Gold...
E. T., V. & G. 1st mtg. Ext. .
E. T., V. & G. Equip. & Imp.
E. T.. V. & G. Cin. Extension
E. T., V. & G. gen. mtg

July 1, 1880
July 1, 1900
July 1, 1930
July 1, 1919
Nov. 1, 1956
June 1, 1937
Sept. 1, 1938
Feb. 1. 1940
Dec. 1, 1940

1,000
3,123,000
3,106,000
1,000,000
12,770,000
4,940,000
5,500,000
6,000,000
520,000

p.c.
6

5
6
5g

5g

?

S

July 1, 1870
July 1, 188:)

Nov."l',i886
June 1, 1887
Sept. 1, 1888
Feb. 1, 1890
Dec. 1, 1890

1st Jan. & July.
1st Jan. & July.
1st Jan. & July.
1st May & Nov.
1st June & Dec.
1st Mar. & Sept.
1st Feb. & Aug.
1st June & Dec.

218,610
155,300
60.000
638,500
247,000
275,000
300,000
26.000

36,960,000

1,920,410

Included above are $520,000 general mortgage bonds, $200,000 extension bonds, and
$500,000 improvement and equipment bonds, which are still in the treasury of the company,
and the interest of which is included in the above amount of $1,920,410.

The authorized issue of consolidated mortgage bonds is $20,000,000, of which $7,230,000
are reserved for the retirement of the prior liens. The bonds are for $1,000 each, coupon or
registered. They are secured on the entire property of the company, including its interest
in the Knoxville and Ohio and the Memphis and Charleston RRs., but subject to prior liens.
Trustee, Central Trust Co., New York.

The extension mortgage bonds are for $1,000 each, coupon and registered. Authorized
issue, $15,000,000. This mortgage was executed in accordance with a resolution of the board
of directors authorizing the construction of a line of road from a point on the S., R. & D. Div.
near Brierfield, through the Cahaba coal-fields to a connection with the Georgia Pacific road
at Birmingham, a line from Emory Gap to South Pittsburgh and Chattanooga, the purchase
of the Walden's Ridge RR., and the construction and acquisition of such other lines and
branches as from time to time required, at the rate of $20,000 per mile of new road built or
acquired. Trustee, Central Trust Co., New York.

The authorized amount of general mortgage bonds is $15,000,000, of which a sufficient

POOR'S MANUAL — EAST TENNESSEE, VIRGINIA AND GEORGIA RY. CO. 22 1

amount is reserved for retirement of the extension mortgage bonds, and the balance will be
issued at the rate of $20,000 per mile for additions and betterments. The bonds are for
$1,000, in coupon or registered form.

The authorized issue of equipment and improvement bonds is $6,000,000. Further
amounts can only be issued to meet necessary improvements and equipment. The bonds are
for $1,000 each, and are a second mortgage on the company's property. Trustee, Central
Tnist Company, New York. Listed on the New York Stock Exchange.

The Cincinnati Extension bonds were issued to secure a controlling interest in the Ala-
bama (Jreat Southern RR. Co., and are the joint and several obligations of the East Tennes-
see, Virginia and Georgia Ry. Co., and the Richmond and Danville RR. Co., and are uncon-
ditionally guaranteed as to principal and interest by the Richmond and West Point Terminal
Ry. and Warehouse Co. They are also collaterally secured by a deed of trust, dated Febru-
ary 1, 1890, under which the railwaj companies deposited with the Central Trust Co. as
trustee, £340,000 sterling 6 per cent, preferred " A" shares and £783,010 sterling ordinary
" B " shares of the Alabama Great Southern Ry. Co. (Limited). They also agreed to deposit
$500.000 in shares of the Cincinnati, Ne\v Orleans and Texas Pacific Ry. Co., and pending
such deposit have lodged $500,000 cash with the trustees. These bonds are for $1,000 each,
coupon or registered, interest payable February 1 and August 1 ; are dated February 1, 1890,
and mature February 1, 1940. Interest payable at the Chase National Bank, New York, N. Y.

The company guarantees $2,000,000 G per cent, bonds of the Knoxville and Ohio RR.
Co.] $3,000,000 5 per cent, bonds of the Mobile and Birmingham Ry. Co. and $5,000.000 5
per cent, bonds of the Louisville Southern RH. Co., a total of $10,000,000 ; with an annual
interest charge of $520,000. Including the operations of those lines, the gross earnings of
railroads operated directly by the company equalled $8,327,941.04 ; operating expenses,
*5,o27 297.22 ; net earnings, $2,800,643.82. Deducting fixed charges, $2,376,139.43, and
taxes. $200,326.86, leaves a surplus of $224,177.53. The operation of the entire system,
embracing ail lines owned, leased and controlled, resulted in — gross earnings, $16,397,50'.).86;
operating expenses, $11,007,624.29 ; net earnings, $5,389,878.57. Fixed charges, $3,890,-
638.95 ; taxes, $391,423.61— total, $4,282.062.56. Balance, surplus, $1,107,816.01,

Annual meeiing, second Wednesday after second Tuesday in November, at Knoxville,
Tenn. ; books close twenty days previously. Dividends payable at company's New York
office. Interest on the several issues of bonds payable at the Chase National Bank, New
York, N. Y. Stock and bonds, except the Cincinnati Extension and the general mortgage
bonds, listed on the New York Exchange.

RAILROADS CONTROLLED BY THE EAST TENNESSEE, VIRGINIA AND GEORGIA RY. Co.

KNOXVILLE AND OHIO RAILROAD. -Knoxville, Tenn., to Jellico, Tenn., 65.3 miles ; branch
from Coal Creek to Coal Mines. 1 mile ; Coal Creek and New River RR., 3 miles— total. 69.3 miles. Sidings, etc..
19.91 miles. Rail (steel, 85.21 miles), 65 Ibs. Organized in 1871. and in October of that year purchased the Knox-
ville and Kentucky RR. (See MANUAL for 1891.) Leased to the East Tennessee. Virginia. ;ind Georgia Ry. Co.
for 99 years from November 1. 1888; rental.net earnings, guaranteed to equal interest on bonds. Equipment
owned : Engines (freight). 11 ; cars— combination passenger, 1 ; box, 120 ; flat, 13 ; coal, 276 ; road, 3— total cars.
395. Rest of equipment is furnished by E. T., Va. & Ga. Ry. Co., lessee.

Oitt-rntifDii? for year ending June 30, 1891. — Gross earnings — passenger, $90.719.3? : freight, $601.347.31 *
express. $5,973.73 ; mail, $5.659.93 : other, $16,101.48— total, $719.801.85. Expenses and taxes. $434.021.32. Net
earnings, $285,780.53. Paid interest on bond?, $120,000. Balance, surplus. $165.780.53.

Financial Statement, June 30, 1891.— Capital stock, $1,122.200 ; bonds. $2.000,000 ; income balance, $161.-
S.36— total liabilities, $3.283.855.36. Contra : Cost of road and equipment, $3,120,564.64; stocks and other invest-
ments, $19,330.73 ; other assets. $143.959.99— total, $3,283,855.36. Funded debt consist.- of 1st mortgage 6 per
cent. 40-year gold bonds, due July 1, 1925. interest payable January and July, in New York City. Trustee. Cen-
tral Trust Co., New York. N. Y. E. J. SANI'ORD, President. Knoxville, Tenn.; S. M. Felton, Vice- President. Cin-
cinnati, O.; J.N.Mitchell, Treasurer. Knoxville, Tenn. ; L. M. Schwan. Stcretai*y, New York. N. Y. : Charles
Ducloux. Assistant Secretary, Knoxville, Tenn. PRINCIPAL OFFICE, Knoxville, Tenn. TRANSFER OFFICE, 80
Broadway. New York. N. Y.

MOBILE AND BIRMINGHAM RAILWAY. -Mobile Junction, Ala., to Marion Junction, 146.8
. Sidings. 11.15 miles. Gauge, 4 ft. 9 in. Rail (steel, 95.2 miles), 60 Ibs. Chartered February 17, 1885, as
)bile and West Alabama Ry. Co., and acquired the Mobile and Alabama Grand Trunk Ry., which has been en-
irelv rebuilt. The name of the company was changed to Mobile and Birmingham Ry. "Co., January 27,1887.
blocks and bonds are authorized to the amount of $20.000 of each issue per mile. In March, 1887. a majority of
stock was purchased by the East Tennessee, Virginia and Georgia Ry. Co., and the road is operated by that
ompany. iiollluy stock, June 30, 1890.— Locomotive engines, 11. Can— passenger, 5 : baggage, mail, and ex-
ess. 4 : freighter; service, 11— total cars, 117. Gross earnings for year ending June 30. 1890, $251,852.12.
atmg expenses. $202,214.57. Net earnings. $49.637.55. Paid interest on bonds, $150,000. Balance, deficit.
c,6:X:45- c'aPital stock (par. $100 per share), $3,000,000 ; funded debt, first mortgage 5 per cent. 50-year bonds,
? February 1, 1937, interest payable February and August. $8,000,000^ unfunded debt and other liabilities,.

222 POOR'S MANUAL OF RAILROADS.

$853,729.66— total, $6,853,729.66. Contra: Cost of road and equipment, $6,551,531.01 ; cash and other assets
286.64 ; profit and loss, $286,912.01. The bond* are guaranteed principal and interest by the East Teniu-ssc,', Vir
irinia and Georgia Ry. Co. They are $1,000 coupon bonds, with privilege of registration. They are listed on the
New York Stock Exchange. Trustee. Central Trust Co.. New York. T. G. BUSH, President, Anniston
S. M. Felton, Vice-President, Cincinnati. O.; W. A. C. Ewen, Treasurer, New York, N Y • L M Schwa;.
retary, New York, N. Y.

Board of Directors, E. T., Va. & Ga. Ry. Co., elected December 16, 1891.
SAM UEL THOMAS, Chairman of the Board New York, N. Y.

Samuel Thomas New York, N. Y. | James Swann New York, N. Y.

Calvin S. Brice Lima, O.

John G. Moore. . . .New York, N. Y.
Samuel M. Felton Cincinnati, O.

T. M. Logan

John Greenough .
Win. L. Bull...

John H. Inman. . . . New York, N. Y. j R. G. Erwin

E. P. Howell New York, TV V.

George J. Gould..

C. M. McGhee

George C'oppell . . .

E. J. Sanford Knoxville, Tenn

S. M. FELTON, President Cincinnati, O.

Calvin S. Brice, Vice- President New York, N. Y.

Henry Fink, 2d Vice-President New York, N. Y.

— J. N. Mitchell Knoxville, Tenn. I Secretary -L. M. Schwan New York, N. V.

Auditor—William Hawn " " | General Manaffer—V. H. Hudson . . . .Knoxville, Tenn.

PRINCIPAL OFFICE AND ADDRESS Knoxville, Tenn.

Cincinnati Office • St. Paul Building.

New York Office 80 Broadway.

ELGIN, JOLIET AND EASTERN RAILWAY COMPANY.

(CHICAGO OUTER BELT LINE.)

Main Line of Road.— Waukegan, 111,, to McCool, Ind 125.33

Aurora Branch : Normantown, 111., to Aurora, 111 8.40

Coster Branch : Walker, 111., to Coster, 111 31.92

Branches to various Quarries, Mines, and Industries 11.71 — 177.36 miles.

Sidings, etc., 41.74 miles. Gauge, 4 ft. 8| in. Rail (steel), 60 Ibs.

History. — Chartered in 1887, and road completed and opened as above January 1, 1890.
Built by various companies absorbed at different periods. (See MANUAL for 1891.)

Rolling Stock, June 30, 1891. — Locomotive engines, 31. Cars — passeager, 1 ; combina-
tion, 2 ; freight (platform, 100 ; coal, 900 ; caboose, 22), 1,022 — total cars, 1,025.

Operations for year ending June 30, 1891. — Train mileage — passenger, 33,179 ; freight,
357,231 ; other, 188,601— total, 579,011 miles. Passengers carried, 33,624 ; carried one mile,
608, 736 ; average mile rate, 2.57 cents. Tons freight moved, 1,333,229 ; moved one mile,
53,757,144; average ton-mile rate, 1.06 cents. Earnings — passenger, $16,386.18 ; freight,
$570,363.90; mail, $971.72; express, $6,000— total ($3,347.55 per mile), $593,721.80. Oper-
ating expenses — transportation, $'225,404.41; motive power and cars, $60,063.43; maintenance
of way, etc., $69,301.80; general, $56,694.27— total ($2,319.94 per mile), $411,463.91. N«-t
earnings (30.69 per cent), $182,257.89. Add rents of engines, etc., $37,560.10: accumulated
surplus of consolidating companies from previous years carried to income account, $26,613.55
— total available revenue, $246,431.54. Payments: Interest on bonds, $218,100; taxes,
$23,984.84— total, $242,084.84. Balance, surplus, $4,346.70. Surplus from last year,
$7,798.64 — total surplus as per general balance sheet, $12,145.34.

General Balance Sheet, June 30, 1891.

Cost of Road and Equipment $11,434,207 07

•Construction, New Equipment, etc 127,876 06

•Other Investments 27,317 22

Materials and Fuel 18,281 37

Prepaid Insurances 1,876 92

Current Accounts 142,118 84

•Cash on Hand 16,44679

Total Assets $11,758,124 27

Capital Stock (par, $100) $6,000,000 00

Funded Debt Outstanding 5,479,00000

Current Accounts 148,15S 11

Accrued Interest on Bonds 45. >

Other Liabilities 73,1»W 1!)

Income Account 12J i:. il

Total Liabilities $11,758,124 27

Funded debt, 1st mortgage 5 per cent. $1,000 gold coupon bonds (with provision for
registration of principal), dated April 1, 1891, due May 1, 1941, interest payable May and
November, principal and interest, payable at the company's agency in New York ; the total

'-

223

224 POOR'S MANUAL OF RAILROADS.

issue not to exceed an aggregate for all purposes of $10,000,000. The outstanding ($5,-
479,000) bonds were issued in exchange for an equal amount of the bonds issued under the
mortgage dated November 1, 1888 (see MANUAL for 1891), which were cancelled and the
mortgage satisfied. The remaining $4,521,000 bonds can be issued only as and to the extent
that consent shall be given from time to time by a majority of the stockholders, by resolu-
tion, and then only for additions to the property, at cost, upon certification to the tru>
by the president or vice-president and engineer of the company. The bonds pass by
delivery, or by transfer on the books of the company at its agency in the city of New York.
After a registration of ownership no transfer is valid except upon the books at the transfer
agency, unless the last transfer be to bearer, in which case the transferability by delivery
is restored. But the bond is subject to successive registrations and transfers at the option of
each holder, provided the coupons yet to mature are attached to the bond. The coupons are
payable to bearer in all cases, whether the bond itself is registered or not. Trustees, Cen-
tral Trust Co., New York, and John M. Butler, Indianapolis, fnd.

Next annual meeting, third Tuesday in September, 1892, at Chicago, 111. Interest pay-
able at office of Drexel, Morgan & Co., New York City.

Directors (as of April 1, 1891).— A. J. Caton, A. D. Wheeler, C. S. Holt, H. J. Page,
F. W. Sutton, Norman Williams, Chicago, 111. ; C. H. Coster, A. J. Forbes-Lei th, R. J. Cross,
J. Hood Wright, Samuel Spencer, New York, N. Y.

SAMUEL SPENCER, President New York, N. Y.

Norman Williams. Vice- President Chicago, 111.

Treas. & Sec.—'F. D. Raymond Chicago, 111 . | Auditor— F. W. Sutton Chicago, 111.

PRINCIPAL OFFICE AND ADDRESS 511 Royal Insurance Building, Chicago, 111.

Financial Agents Drexel, Morgan & Co., New York, N. Y.

ELMIRA, CORTLAND AND NORTHERN RAILROAD COMPANY.

Main Line of Road.— Elmira, N. Y., to Canastota, N. Y 118.70 miles.

Leased : Canastota NorthernRR. : Canastota, N. Y., to Camden, N. Y 20.73 miles.

Total length of railroad operated June 30, 1891 139.43 miles.

Sidings, etc , 26.32 miles. Gauge, 4 ft. 8i in. Rail (steel, 118,70), 56 and 70 Ibs.

History. — Successor, March 7, 1884, to the Utica, Ithaca and Elmira RR. Co. The leases
of the Canal RR. (Elmira to Horseheads, N. Y., 5.28 miles) and of a section of the New York,
Ontario and Western, from Cortland to De Ruyter, N. Y., 20.22 miles, were purchased at the
same time, the rental of the latter being commuted for the entire period and paid in advance.
Both are included in the main line above, and are practically owned by the E., C. & N. RR.
Co. (For fuller details see MANUAL for 1885, page 135.)

Rolling Stock, June 30, 1891. — Locomotive engines, 23. Cars — passenger, 16 ; baggage,
mail, and express, 4 ; freight (box, 40 ; coal, 142 ; caboose, 6), 188 ; other, 3— total, 211.

Operations for year ending June 30, 1891. — Train mileage — passenger, 236,233 ; freight,
283,566 ; other, 78,740— total, 598,539 miles. Passengers carried, 255,452; carried one mile,
5,495,530 ; average mile rate, 2.39 cents. Tons freight moved, 484,835 ; moved one mile,
41,155.542 ; average ton-mile rate, 0.75 cent.

Expenses.— Transportation $1 J -..'.. M."> 14

Earnings.— Passenger $131 ,268 64

Freight 308.355 70

Mail and Express 21,270 61

Miscellaneous . . 1,832 67

Total ($3,318.71 per mile) $462,727 62

Motive Power ami Cars x!'.U'.n X>

Maintenance Way and Buildings, f
General W. 147 73

Total ($2,306.67 per mile) $321 ,619 47

Net earnings (30.49 per cent.), $141,108.15. Add rents and miscellaneous receipts,
$724.35— total available revenue, $141,832.50. Payments : Interest on bonds, $46,400 ; on
debt, $3,578.62: rental, Canastota Northern RR., $18,000; taxes, $23,082.59— total, $91,-
061.21. Balance, surplus for year, $50,771.29. Surplus from last year, $222,863.77 ; credits

POOR'S MANUAL OF RAILROADS. 225

jrofit and loss during the year, $3,963.40. Total surplus as per general balance sheet,
General Balance Sheet, June 30, 1891.

[load, Equipment, and Real Estate. $4,291,279 63

:ils and Fuel on Hand 1-1, :>M 77

: Accounts 89,174 83

.undrios 11.W628

• •Hand 23,251 99

Capital Stock (par, $100) $2,000,000 00

Funded Debt 2,000,000 00

Vouchers and Pay Rolls 22,504 42

Bills Payable 50,000 00

Interest on Funded Debt Accrued 11,600 00

Current Accounts 16,961 80

Sundries l-"39 ;n

Profit and Loss ... ..-,9858

; A>sets $4,380,20444' Total Liabilities $4,380,20444

•led debt ($2,000,000) consisted June 30, 1891, of the following :

mortgage 6 per cent. 30-year $1,000 coupon bonds, due April 1, 1914, int. April and October $750,000

_-age 5 per cent. 30-year $1,000 coupon bonds, due April 1, 1914, interest April and October 1,250,000

Annual meeting, second Tuesday in March, at 192 Broadway, New York ; books close
hirty days previously. Central Trust Co., New York, trustee of bonds. Interest on bonds
!>ayable at office of Corbiu Banking Co., 192 Broadway, New York.

CANASTOTA NORTHERN RAILROAD.-Canastota, N. Y., to Camden N Y 20.73 miles
idin^s 2 81 miles Steel rails, 20.73 miles. Chartered March 24, 1886 : road opened July 2o, 1887. Leased
16, 1886. for term of charter, to E. C. & N. RR. Co. Rental for year ending June 30, 1890, $18,000. Paid
on bonds, $18,000. Ca
'uly 1, 1906. interest January

...1. $500,000; other assets, „ . .., .

Cdward Mahler, Treasurer : M. A. Smith, Secretary. CORPORATE OFFICE, Elmira. N. Y.

Board of Directors, K, C. & N. RR. Co., elected March 10, 1891.

.ustin Corbin New York. X. Y.

ieorge S. Edgell.. " "

Vm. G. Wheeler.. "
,1. R. Reynolds —

J. Rogers Maxwell. New York, N. Y.
H. W. Maxwell ....
Frank M. Kelley...
F. W. Dunton . .

J. K. O. Sherwood. New York, N. Y.

A. A. McLeod Philadelphia, Pa.

J.D.Campbell.. . " i_z' '•

F. C. Cornell Ithaca, N.«Y.

Frank J. Enz Ithaca, N. Y.

AUSTIN CORBIN, President New York, N. Y.

Geo. S. Edgell, Vice-President New York, N. Y.

"rfosurer— William G. Wheeler New York. N. Y. I General Supt.— Albert Allen Cortland, N. Y.

-E. R. Reynolds " I Auditor and Purch. Agt.-N.. A. Smith. .Elmira. X. Y.

PRINCIPAL OFFICE AND ADDRESS Elmira, N. Y.

Transfer Office 192 Broadway, New York, N. Y.

EMMITTSBURG RAILROAD COMPANY.

Line of Road. — Eminitsburg, Md. to Rocky Ridge, Md 7 miles.

Hidings, etc., 0.6 mile. Gauge, 4 ft, 81 in. Rail (steel, 4.25 miles).. 45 and 50 Ibs.
History.— Road opened November 22, 1877.

Rolling Stock.— Locomotive engines, 1. Cars — passenger, 1 ; freight (box), 2.
Ope rations for year ending December 31, 1891. — Earnings — passenger, $2,762.60; freight,
:4.051.97 ; mail and express, etc., $526.71 — total, $7,341.28. Operating expenses not reported.
Financial Statement, December 31, 1891.— Capital stock (par, $50), $52,483.99 ; funded
ebt (1st mortgage 6 per cent. 30-year bonds, due January 1, 1904, interest January and July),
vS6, 700— total, $139,183.39. Contra : Cost of road, $98,488.87 ; equipment, $9,150 ; real
s-state, $2,071.98 ; materials and cash, $450.66 ; profit and loss. $29,121.98. On September
, 1886, there were issued $69,900 6 per cent, bonds to replace double that amount of old
,K>nd8 redeemed ; the new bonds are dated September 1, 1886, due September 1, 1906. They
ire $50 and $100 bonds, and are secured on road and equipment.

IHrectors.— James A. Elder, Ed. S. Taney, Bennett J. Tyson, C. T. Zacharias, Emmitts-
mrg, Md.; J. M. Fisher, Motters, Md.

JAMES A. ELDER, President and General Manager Emmittsburg, Md.

C. T. Zacharias, Treasurer Emmittsburg, Md.

PRINCIPAL OFFICE AND ADDBESS Emmittsburg, Md.

15

226 POOR'S MANUAL OF RAILROADS.

EMPIRE AND DUBLIN RAILROAD COMPANY.

Line of Road. — Hawkinsville, Ga. , to Dublin, Ga 40 miles.

Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History. — Chartered December 22, 1888, and road completed to Dublin in 1890. (See
MANUAL for 1891.) Receiver appointed in December, 1890.

Rolling Stock. — Locomotive engines, 5. Cars (freight), 60.

Operations, etc. — Not reported.

Financial Statement.— Capital stock (authorized, $2,500,000) issued, $320,000 ; funded
debt (1st mortgage 6 per cent. 30-year gold bonds, dated January 1, 1889, interest, payable
January and July ; authorized, $320,000) outstanding, $120,000— total stock and bonds out-
standing, $440,000. Interest on bonds guaranteed till July, 1893. by the Empire Lumber Co.

Annual meeting, first Tuesday in January. Interest payable in New York City, at the
office of the Mercantile Trust Co., trustee.

JOHN W. HIGHTOWER, Receiver Empire, Ga.

J. C. ANDERSON, President Chattanooga, Tenn.

Secretary— E. II. Hall , Chattanooga, Tenn. | Superintendent— W '. A. Heath .Empire, Ga.

PRINCIPAL OFFICE AND ADDRESS Empire, Ga.

ERIE AND WYOMING VALLEY RAILROAD COMPANY,

Line of Road. — Lacka waxen, Pa., to Port Blanchard, Pa 64.00

Sundry branches to mines, etc 13.00

Leased : Jones's Lake RR. : Lake Junction to Lake Ariel, Pa 1.25 — 78.25 miles.

2d track, 13.55; sidings, etc., 27 miles. Gauge, 4 ft. 8|i n. Rail (steel, 117.15 miles), 67 Ibs.

History.— Chartered November 6, 1882. Jones's Lake RR. leased in 1888.

Rolling Stock, June 30, 1891. — Locomotive engines, 33. Cars — passenger, 12; baggage,
etc., 5; freight (box, 9; platform, 66; coal.. 882; caboose, 12), 959; service, 1— total cars, 987.

Operations for year ending June 30, 1891. — Train mileage — passenger, 110,501; freight,
176,416— total, 286,917 miles. Passengers carried, 94,156: carried one mile, 1,836,042; aver-
age mile rate, 1.61 cents. Tons freight moved, 2,224,594: moved one mile, 77,860,790;
average ton-mile rate, 0.79 cent. Earnings — passenger, $29,525.08; freight, $615,134.77;
express, $1,392.46; mail, $1,750.37; miscellaneous, $102.87— total ($8,279.94 per mile),
$647,905.55. Operating expenses — transportation. $246,370.86: motive power, $45.982.93;
imiintenance of cars, $22,539.61;' way and buildings, $81,891.32; general, $21,065.66— total
($5, 339.94 per mile), $417,850.38.

Net earnings (35.51 per cent.), $230,055.17. Add rentals leased roads, $50,000; other
receipts, $2,330.52— total available revenue, $282,385.09. Payments : Interest on bonds,
$180,000; interest on debt, $37,062.92; rentals leased lines, $1,200; permanent improve-
ments, $26,757.63— total, $245,020.55. Balance, surplus, $37.365.14 ; surplus from last
year, $270,475.52 ; additions during year, $2,757 — total surplus a^ per general balance si'

$310,597.66.

General Balance Sheet, June 30, 1S<>1.

Cost of Road $5,338,249 77

Cost of Rolling Stock 112,54(5 99

Current Accounts 98,917 21

Cash on Hand 1,400 00

Capital Stock (par, §50) $1,500,000 00

Funded Debt Outstanding 3,000,000 00

Bills Payable 176.20.') 00

Current Accounts 70,884 93

Other Liabilities 491,466 38

Profit and Loss .... 310,597 66

Total Assets .$5,551,173 97 ' Total Liabilities $5,551,173 97

Funded debt consists of 1st mortgage 6 per cent. oO-year $1,000 coupon bonds, due July
1, 1913, interest payable January and July, at company's office. Annual meeting, second
Tuesday in June, at Dunmore, Pa. ; books close thirty days previously. Trustee of bonds,
Farmers' Loan and Trust Co., New York.

POOR'S MANUAL OF RAILROADS. 227

JONES'S LAKE RAILROAD.— Lake Junction to Lake Ariel, Pa., l.->3 miles. Gaujje, 4 ft. 8^ in. Rail

Ibs. Cliartered Sepiemher S. ISS7. Koatl leased during 1888 to the Krie and Wyoming Valley HR. Co.,

,• \vlioni the ro;ul is operatt-d. Rental, $1,'-JOO per annum. Capital stock (.par, §100), representing cost of road

id equipment. $•,'(). <)0o. Annual inert in<_', second Monday in January, at Dunmore. Pa. GEOR<;E H. CATLIN,

Scranton, Pa.; (Jeor^e B. Smith, Trrti*>ir> ruml Superintendent ; A. D. Blackinton, Secretary, Dun-

Pijisrii-Ai. Or'FM'K AND AuuiiKss, Diuimore, Pa.

Board of Directors, Erie and Wyoming Valley RR. Co., elected June 9, 1891.

^•nith Dunmore, Pa. I John King New York, X. Y. I A.H. McClintock. . Wilkesbarre, Pa.

ihvin il. M eude. .New York, N. Y. | E. B. Thomas " | George H. C'atlin Scranton, Pa.

Samuel Hines, Scranton , Pa .

JOHN B. SMITH, President and Purchasing Agent Dunmore, Pa.

A. H. McClintock, Vice-President Wilkesbarre, Pa.

*-., Treat?. & Supt.— George B. Smith. . .Dunmore, Pa. | Auditor— William Gilmore Dunmore, Pa.

PRINCIPAL OFFICE AND ADDKESS Dunmore, Pa.

EUREKA AND PALISADE RAILROAD COMPANY.

Line of Road.— Palisade, Nev., to Eureka, Nev 84 miles.

gs, 10 miles. Gauge, 3 ft. Rail (steel), 35 Ibs.
History. — Chartered March. 1874 ; road opened September, 1876.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, 2 ; baggage, etc., 2; freight

21; stock, 3 ; platform, 95; caboose, 2), 121— total cars, 125.
Operations. — All information refused.

Financial Statement.— Capital stock (authorized, $2,000,000) paid in, $1,000,000; funded
debt, $900,000 ; floating debt, $18,253^22— total liabilities, $2,018,253.22. Contra : Construc-
tion. $ 1,355, 346. 78 ; equipment, $107,691.97; real estate and buildings, $88,628.98 ; sundry
[accounts, $161,016.94— total assets, $1,667,684.68.
Directors. — Not reported.

EDGAR MILLS, President San Francisco, Cal.

-;>• — D. O. Mills Sacramento, Cal. | Secretary — E. F. Oakrnan Eureka, Nev

PRINCIPAL OFFICE AND ADDRESS Palisade, Nev.

_

EUREKA SPRINGS RAILWAY COMPANY.

Line of Road. — Seligman, Mo., to Eureka Springs, Ark 18.50 miles.

Sidings, 1.81 miles. Gauge, 4 ft. 8i in. Rail (steel, 18.50 miles), 50 and 56 Ibs.

History. — Chartered February 27, 1882 ; road opened February 1, 1883. Extension pro-
ected from Eureka Springs to Harrison, Ark., 49.25 miles. This company has a traffic con-
ract with the St. Louis and San Francisco Ry. Co.

Rolling Stock, June 30, 1891. — Locomotives, 2. Cars — passenger, 1 ; combination, 1 ;
1 at form, 6— total cars, 8. Other rolling stock rented from St. L. & S. F. Ry. Co.

Operations for year ending June 30, 1891.— Train mileage — passenger, 13,505; mixed,
o,")0o— total, 27,010 miles. Passengers carried, 23,595 ; carried one mile, 368,393; average
uile rate, 8.67 cents. Tons freight moved, 16,607; moved one mile, 307,229; average ton-mile
ate, 9.46 cents. Earnings— passenger, $31,958.02; freight, $29,060.92; mail, $1,450.59;
xpress, $1,572.29; other, $13,412.48— total, $77,454.30. Operating expenses — transportation
ad motive power, $11,928.78; maintenance of cars, $3,486.46; maintenance of way, etc.,
'9,653.59; general, .$6,286.86— total, $31,355.69. Net earnings, $46,098.61. Payments :
nterest on bonds, $30,000 ; taxes, $2,444.60— total, $32,444.60. Surplus, $13,654.01 : add
urplus from 1890, $23,294.53— total, $36,948.54. Less deductions for year, $1,354.59.
urplus as per general balance sheet, $35,593.95.

Financial Statement, June 30, 1891.— Capital stock (par value. $100), $500,000 ; funded
ebt, 1st mortgage 6 per cent. 50-year bonds, due February 1, 1933, interest payable Feb-
uary and August, $500,000; income 6 per cent, non-cumulative bonds, due February 1,

228 POOR'S MANUAL OF RAILROADS.

1933, $500,000; current accounts, $8,272; profit and loss, $35,593.95— total, $1,543,865.9.!
Contra : Cost of road, equipment, etc., $1, -100,000 ; materials and supplies, $2,318,96 ; other
property and assets, $627.35; current accounts, $40,919.64— total, $1,543,865.95.

Annual meeting, second Tuesday in March. Trustee of bonds, Mercantile Trust Co. of
New York, N. Y., at whose office interest is payable.

Directors (elected March 16, 1891).— Powell Clayton, Eureka Springs, Ark. ; Logan II.
Roots, Little Rock, Ark. ; R. C. Kerens, St. Louis, Mo. ; E. VV. Taylor, Jefferson, T.
H. L. Morrill, C. H. Smith, St. Louis, Mo. ; J. B. Obenshain, F. M. Richardson, George West,
Eureka Springs, Ark.

POWELL CLAYTON, President and Manager Eureka Springs, Ark.

Vice-Pres. & Treas.— Logan H. Roots. . . Little Rock, Ark. | Sec. & Auditor— George West. . .Eureka Springs, Ark.

PRINCIPAL OFFICE AND ADDRESS .Eureka Springs, Ark.

EVANSVILLE AND INDIANAPOLIS RAILROAD COMPANY.

Line of Road. — Evansville, Ind., to Terre Haute, Ind 138

Leased : Terre Haute and Indianapolis Branch : Saline City to Brazil, Ind. . 12 — 150 miles.
Sidings, etc., 21.85 miles. Gauge, 4 ft. 9 in. Rail (steel, 150 miles), 56 and 60 Ibs.

History. — Consolidation, November 14, 1885, of the Evansville and Indianapolis, the
Terre Haute and Southeastern, and the Evansville, Washington and Brazil Railroad Com-
panies. (See MANUALS for 1885 and 1891). This company is controlled by the Evansville and
Terre Haute RR. Co., whose track it, uses from Evansville Junction to Evansville, 3.5 miles.

Rolling' Stock, June 30, 1891.— Cars— passenger, 1 ; freight (platform, 16 ; coal, 50), 66 ;
other, 41— total cars, 108.

Operations for year ending June 30, 1891. — Train mileage — passenger, 127,308 ; freight,
149,833; other, 100,376— total, 377,517 miles. Passengers carried, 163,118; carried one
mile, 2,929,549 ; average mile rate; 2.91 cents. Tons freight moved, 441,474 ; moved one
mile, 18,124.994 ; average ton-mile rate, 1.20 cents.

Earnings.— Passenger $85,334 67 j Expenses.— Transportation $98,473 40

Freight 217,831 92 Motive Power and Cars 14,351 16

Mail and Express 18,230 69 | Maintenance Way & Buildings. 65,588 551

Miscellaneous... 6,88095 General 7,73268

Total ($2,188.52 per mile) $328,278 23

Total ($1,240.97 per mile) $186,145 45

Net earnings (43.29 per cent.), $142,132.78. Payments : Interest on bonds (consols, i
$120,000 ; T. H. & S. E. RR. lets, $18,200), $138,200 ; rentals leased lines (Evansville & T.
Haute RR., $5,400 ; Terre Haute & Indianapolis branch, $3,000), $8,400 ; taxes, $8,867.06—
total, $155,467.06. Deficit, $13,334.28. Deficit forward, $230,071.56— total, $243,405.84.

General Balance Sheet, June 30, 1891.

Cost of Road $4,133,412 21 Capital Stock (par, $100) $2,000,0*

Materials and Fuel on Hand 5,188 65 j Funded Debt Outstanding 2,281,508 00

Profit and Loss 243,405 84 Current Accounts 94,432

Interest Accrued, not Due

Total Assets $4,382,006 70 Total Liabilities $4,382,006 7(|

Funded debt consists of $2,000,000 ($2,500,000 authorized) 1st consolidated mortg
per cent. 40-year coupon $1,000 bonds, due 193(5, interest payable January and July ;
000 T. H. & S. E. RR., 1st mortgage 7 per cent. 30-year $1,000 coupon bonds, due 1JM»!»
interest payable March and September; and $21,508 debentures. Interest payable at the ohV»
of the Fanners' Loan and Trust Co., New York, N. Y. The consolidated bonds are guar«n
teed by the Evansville and Terre Haute RR. Co., which owns the entire capital stock.

Annual meeting, third Monday in October, at Evansville, Ind.; books close ten day
previously.

POOR'S MANUAL OF RAILROADS. 229

Directors (elected October 19, 1891).— I). J. Muckt-y, E. P. Huston, Edwin Taylor, J. L.

E. K. Law, \V. J. Lewis, G. J. G rammer, Evansville, Ind.

I). J. MAC KEY, President Ev'ansville, Ind.

A". J. Lewis Evansville. Ind. j Auditor— E. B. Cooke Evansviile, Ind.

P!;IN< ii'.u, OFFICE AND ADDRESS Evanaville, Ind.

Transfer Office. . ^ew York, X. Y.

EVANSVILLE AND TERRE HAUTE RAILROAD COMPANY.

Main Line of Road. — Evansville. Ind.. to Terre Haute, Ind 108.56 miles.

• on Brandt : Fort Branch to Mt. Vernoii, Ind 37.02 miles.

' Pittsburgh Brunch : Farruersburtrh to. New Pittsburgh, Ind 8.46 miles.

' 'ounty RR. : Jackson Hill Junction to Old Pittsburgh, Ind 6.70 miles.

'Jcville Extension , leased to T. H. & L. and tne C. & E. I. RRs.) 23.00 miles.

Total length of line owned, June 30, 1891 183.74 miles

Sidings, etc., 46.04 miles. Gauge, 4 ft. 84- in. Rail (steel, 143.64 miles), 60 Ibs.

History.— For complete history of this company see MANUAL for 1888, page 439. In
a-ldition to the mileage owned as described above, this company is owner of a fine terminal
property connecting with the Ohio Luver. The Sullivan County RR., when completed, will
he about 30 miles long. The company also owns a controlling interest in and operates the
Evansville Belt Railway, 4.45 mile?, connecting all railroads and reaching all manufacturing
interests and coal mines at Evansville, Ind. ; also the Evansville terminals of the Peoria,
Decatur and Evansville Ry., 0.85 mile. Including these with the mileage owned as above,
and excluding the Kockviile Extension, Terre Haute to Rockville, 23 miles, leased to the
Terre Haute and Logansport and the Chicago and Eastern Illinois RR. Cos. for an annual
rental of $12,000, makes the mileage operated 166.04 miles. The Evansville and Indianapolis
and the Richmond RRs. are operated in connection with this company's lines, but all accounts
are kept separate. In 1890 a ten-year traffic contract was made with the Chicago aud Eastern
Illinois RR. Co.

Rolling Stock, June 30, 1891. — Locomotive engines, 48. Cars — passenger, 20 ; combina-
tion, 2; baggage an* express, 10; freight (box, 1,162; stock, 38; flat, 280; coal, 1,337,
White Line, 110 ; caboose, 15), 2,942 ; other, 47— total cars, 3,021.

Operations for year ending June 30, 1891. — See tabulated statement below.

Karninars.— Passenger $252.225 13 Expenses.— Transportation «272.324 Co

Freight 706,83929 Motive Power and Cars 105,39226

Mail '5,625 29 Maintenance Way and Buildings 101,612 96

Express 21,91000 General and Taxes 95,76440

Miscellaneous .05,029 93

Total ($6,859.71 per mile) |1,102:629 64 Total ($3,577.79 per mile) $575,093 68

Xet earnings (47.84 per cent.), $527,535.96. Add other receipts : Interest, $24,788.60 ;
rentals leased road (C. & E. I. RR., $3,000 ; T. H. & I. RR., $9,000), $12,000 ; rents of houses,
etc., $712.25 ; premium on bonds sold, $6,555— total available revenue, $571,591.81. Pay-
ments : Interest on bonds (1st consol., $180,000 ; consol., $1,800 ; Mt. Vernon Br., $22,500 ;
Sullivan Coal Branch, $16,875), $221,175; taxes, $32,850.65; dividends on stock (5£ per
cent.), $165,000— total, $419,025 65. Balance, surplus, x!52,566.16 ; surplus from last year,
234.952.31 — total surplus as per general balance sheet, $3,387,518.47.

Dividends were paid July and October, 1890, l\ per cent, each ; January and March,
1891, 1^ per cent, each. (For dividends paid from. the organization of the company to the
close of the fiscal year 1890, see MANUAL for 1891.)

Annual meeting, third Monday of October ; books close 10 days previously, and reopen
one day after same. Interest and dividends payable at Farmers' Loan and Trust Co., New
"i»rk. Stocks, consols of 1921', and Mount Vernon branch bonds listed on New York Stock
Exchange.

230 POOR'S MANUAL — EVANSVILLE AND TEBRE HAUTE RE. CO.

Statement of operation, capital account, etc., for eight fiscal years :

1884

Aug. 31.

1885

Aug. 31.

1886

Aug. 31.

1887

Aug. 31.

1888

Aug. 31.

1889

June 30.

1890

June 30.

1891

Jlllie..3ll.

Miles of Road Operated
Miles of Road Owned
Aliles of Track Owned
Miles of Steel Rail
Locomotive Engines
Passenger Train Cars
Freight Train Cars
Passenger Train Miles
Freight Train Miles

146.00
109.00
197.69
104.00
26
21
1,227

146.00
1 tilt. 00
197.6',)
104.00
29
22
1,345
278,599
215,097
267,975
7,256,072
500,535
43,065,969
$
706,823
361,223

146.00
169.00
197.09
104.00
31
22
1,470
321,270
222,613
276,4-,>0
7,687,312
535,978
45,585,052
$
761,982
375,181

156.00
179.UO
220.00
125.00
, 31
23
1,662
266,139
259,230
284,384
7,463,171
606,973
47,678,406

831,771
428,581

155.00
179.00
220.00
125.00
36
25
2,349
279,648
259,824
356,749
8,678,914
647,974
44,534,810
$
863,677
457,212

156.00
179. 00
220.00
156.00
35
25
2,404
266,535
257,090
311,474
8,477,661
666,465
53,637,023

863,867
458,656

157.50
180.50
221.50
156.00
43
27
2,407
300,078
311,031
263,413
8,770,777
828,205
60,249,977
S
967,288
463,807

166.04
183.74
235.08
143.64
48
32
2,989

330,lfll

9,561,7*1
1,042,1§

71,188,709
•$
1,102,680
575,094

Passengers Carried

288,515
7,761,730
529,994
45,044,045

$

741,108
375,811

Passenger Miies

Freight (tons) Moved

Freight (ton) Miles

Gross Earnings
Operating Expenses

Net Earnings. ...

375,297

12,000

345,600
12,000

386,801

403,190

185,168

406,465
2,082,812

405,211
2,197,474

503,481
51,855

527,536
44,056

Other Receipts*

Available Revenue

387.297
202,520

" 184,777
5,076 07
2,505 55
2,570 52
49. 36 p. c.
2.70 c.
0.95 c.

3,000,000
4,257,000
161,556
495,329

357,600
202,320
(2) 60,000
95,280
4,841 25
4,474 18
2,367 12
51.11 p. c.
2.65 c.
0.95 c.

2,999,998
4,257,000
226,295
590,609

386,801
202,320
(4) 120,000
64,481
5,219 05
2,569 73
2,649 32
49.11 p. c.
2.60 c.
0.97 c.

2,999,998
4,257,000
307,343
655,090

588,358
271,812
(4J)142,500
174,046
5,331 86
2,747 31
2.584 55
51.53 p. c.
2.60 c.
1.40c.
$
3.000,000
3,405,000
324,543
829,136

2,489,277
214,525
(5) 150,000
2,124.752
5,536 39
2,930 84
2,605 55
52. 94 p. c.
2.55 c.
1.14 c.
$
3,000,000
3,405,000
388,835
2,953,888

2,602,685
207,457
(5) 150,000
2.245.228
5,537 61
2,940 10
2,597 51
53. 10 p. c.
2.56 c.
0.95 c.

3,000,000
3,405,000
980,502
3,064,775

555,336

235,158
(5) 150,000
170,177
5,358 93
2.569 05
2,789 37
47. 95 p. c.
2.71 c.
1.01 c.
8
3,000,000
3,405,000
1,782,012
3,234,952

571,592
254,02ft
(5i)165,000

6,859 71
3.577 7!)
3.W1 92
52. 16 p. c.
2.64 c.
0.99C.
$
3,000,000

2.002.354
3,387,518

12,244.872
7.li7S.*»
2,901.254
24,480
1,645,839

Interest, Taxes, etc.
Dividends.
Balance, Credit
Gross Earnings per Mile . . .
Gross Expenses per Mile. . .
Net Earnings per Mile
Expenses to Earnings
Av. Rate p. Pass. p. Mile. . .
Av. Rate p. Ton p. Mile. . . .

Capital Stock
Funded Debt
Bills, Accounts, etc
Surplus Income

Total Liabilities ... .

7,913,885
6,189,637
1,519,069
47,044
158,135

8,073,902
6,256,394

1,518.917
51,853
246,738

8,219,431
6,572,991
1,341,468
47,960
256,476

7,558,679
6,666,243
492,754
47,513
352,169

9,747,723
7,030,559
2,143,900
36,868
536,396

10,450,277
7,050,580
2,656,400
22,260
721,037

11,421,964
7,206,608
2,463,400
28,780
1,723,176

Construction and Outfit
Other Investments

Fuel and Materials
Accounts and Cash

Total Assets.

7,913,885

8,073,902

8,219,431

7,558,679

9,747,723

10,450,277

11.421,964

12.244,872

* For the years 1884-1885, rentals : for 1887, premium on bonds sold, $52,388 and I. & E. Susp. Ace.— Disc.
E. & I. bonds, $132,780 ; for 1888, E. & I. ER. capital stock, $2.000,000 ; premium on bonds sold, $82.255, and
accounts cancelled, $557 : for 1889. interest and dividends, $87,600 ; rentals, leased line, $12.000 ; E. & I. Rl
capital stock, $2,000,000 ; premium on bonds sold, $90,607.57 ; rents, $924.25, and surplus material, $6,342.80 ; for

1890, interest and dividends, $27.021.51: rentals, $12,000: rent*, $1,365.21 ; premium on bonds, $11,468.41 ;

1891, see income account above. In the years 1886-88, rentals included in gross earnings.

General Balance Sheet (183.74 miles), June 30, 1891.

Cost of Road $5,629,368 78

Cost of Rolling Stock 2,043,980 72

Stocks and Bonds Owned 2,901,253 51

Materials and Fuel on Hand 24,430 09

Current Accounts 185,506 12

Cash on Hand and in Transit 42,671 61

Louis., Evans. & St. Louis Consol. RR. Co. 272,767 28

Evansville and Indianapolis RR. Co 91,512 06

Evansville and Richmond RR. Co 809,456 10

Peoria, Decatur and Evansville Ry. Co. ... 243,926 21

Common'Stock Paid in $3,000,om> on

Funded Debt Outstanding 3,855.00000

Bills Payable 1,44<>.

Current Accounts 191

Bond Interest Accrued and Unpaid 10 i

Unclaimed Dividends

Equipment Notes not Due 254. -

Evansville Belt Railway »;.s»;o «tt

Profit and Loss ... . 3,88:

Total Liabilities $11,421,964 13

Total Assets $12,244,872 48

Funded debt consisted June 30, 1891 of—

Consol. 1st mtge. (114.38 m.) 6 per cent. 30-year bonds, due July 1, 1910, interest January and July $30,000

1st consol mtge (E. & T. H. RR., 144 m.) 6 p. c. 40-year gold bonds, due July 1, 1921, int. Jan. and July. 3,000
1st mtge. (Mt. Vernon Br., 37 m.) 6 per cent. 40-year gold bonds, due April 1, 1923. int. April and Oct. . . .
1st mtge. (Sail. Co. Coal Br.) 5 per cent, 40-year $1,000 gold bonds, due April 1, 1930, int. April and Oct.

The authorized issue of consolidated first mortgage bonds was $1,500,000, but $1,470,00'
of them were cancelled in 1881.

The 1st consolidated mortgage bonds are secured on the main line, the Rockville Exten-

MANUAL OF RAILROADS. 231

.(1 12 7iiiles of tli*« Mr. \Vrnon Branch, from Fort Branch to Cynthiana. and on all the
•y, equipment and fixtures belonging to those lines. They nre $1,000 gold coupon
bonds. The Mount Vernon Branch bonds are secured on the extension from Cynthiana to
Mount Veriion, 25 miles. These bonds are limited in issue to $15,000 per mile, but the deed of
:rust provides that in case of building1 or acquisition by the E. & T. II. RR. Co of any exten-
sion to said branch, or the building or acquisition of any branch to the main track of the
ville and Terre Haute Railroad, then, in that case, the Board of Directors may, at their
pleasure, and for any purpose contemplated by the demands of the party of the first part, in
accordance with its chnrter, issue any additional number of said, bonds authorized by this
deed of trust, not exceeding the limit of $15,000 per mile, and the same shall be deemed and
taken to be secured upon any such property, roads, or branches, or parts of roads or extensions
thereof, in this deed of trust as fully as if the same were now in existence, and said bonds
were now issued, and shall be deemed and taken to be embraced in all the conditions and
stipulations of this deed of trust. The bonds are in coupon form, for $1.000 each.

The Sullivan County Coal Branch bonds are secured on the branches to New Pittsburgh
and Old Pittsburgh, together 15.16 miles, and on all the property, equipment and fixtures
belonging to those branches, and on the extensions of the Sullivan County Coal Branch build-
ing or to be built. They are $1,000 gold coupon bonds. Only green bonds are a delivery.

Principal and interest of all bonds payable at the office of the Farmers' Loan and Trust
Co., New York. Trustees, Farmers' Loan and Trust Co., New York, and Joseph us Collett,
Terre Haute, Ind. Transfer agent and registrar of stock, Farmers' Loan and Trust Co., New
York. Capital stock and all bonds except consols of 1910 listed on the New York Stock
Exchange.

EVANSVILLE AND RICHMOND RAILROAD.— Zi?^ of Road as Pi-cyected.-'Elnon, on the
E. & T. H. RR. to Richmond, Ind., — miles. Completed : Western Division, Elnora to Seymour, 75 miles, passing
Through the Bedford Stone Fields ; Eastern Division, now in construction, on 27 miles completed from Seymour
to West port— total completed, 102 miles. From Elnora to Sand Creek was built in 1889. and from Sand Creek to
Westport in the fall of 1890.

Financial Statement.— Funded debt consists of $1, 000.000 5 per cent. 40-year gl.OOO coupon (with privilege
of registration) bonds, due December 1,1928, interest payable March and September, at office of Manhattan Trust
Co., New York City. These bonds are 1st mortgage on the Western Division, indorsed and guaranteed by the
Evansville and Terre Haute RR. Co.

Board of Director*, Emiifmlle and Terre Haute RR., elected October 19, 1891.

William H. Payne. . New York, N. Y. I James Stillman .... New York, N. Y.

S. G. Nelson New York. N. Y.

H. T. Nicholas

D. J. Mackey Evansville, Ind.

E.V.Lowe " " I Heman Clark.

C.C.Baldwin •' " | T. W. Evans

Joseph M.deYeau.. " " | Benjamin Russak. " " | F. W. Cook...

D. J. MACKEY, President Evansville, Ind.

Sec. and Trta*.—W. J. Lewis Evansville, Ind. | Autlitoi'—E. B. Cooke Evansville, Ind.

PRINCIPAL OFFICE AND ADDRESS Evansville, Ind.

Financial Agency Farmers' Loan and Trust Co., New York, N. Y.

EVANSVILLE, SUBURBAN AND NEWBURGH RAILWAY COMPANY.

Line of Road. — Evansville, Ind., to Newburgh, Ind 10.90 miles.

Hidings, 0.54 mile. Gauge, 4 ft. 81 in. Rail (steel), 45 Ibs.

History, — Chartered December 15, 1887 ; mad opened as above, November 1, 1889.

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger. 11 ; baggage,
etc., 1 ; freight (coal, 20 ; platform, 1), 21— total cars, 33.

Operations for year ending June 30, 1891. — Train mileage, passenger and freight statis-
tics not reported. No detailed statement of earnings and expenses furnished ; company
reporting gloss earnings, $24,820.15 ; net, $11,870.63.

Financial Statement.— Capital stock authorized and paid in, $60,000 ; par, $100. No
bunds. Contra : Cost of road, $115,000 ; rolling stock, $35,000 ; real estate, etc., $5,000.

Annual meeting, first Monday in July, at Evansville, Ind. Books close immediately
before. "\ oting power attaches to stock after one day's ownership.

Directors (elected July 6, 1891).— F. W. Cook, D. J. Mackey, Lee Kowell, Gu?. Muhl-

232 POOR'S MANUAL OF RAILROADS.

h useii, Evansville, Ind.; W. J. Wood, Nashville, Tenn.; C. F. Hopkins, Newburgli, Ind.:
Joseph Cox, Ho well, Ind. •

F. W.COOK, President . . Evansville, Ind.

Vice-Pre*. -A Gen. Man.—W. J. Wood. .Nashville, Tenn.
Asst. Manager— Gas. Muhlliansen Evansville, Ind.

Treasurer— S. P. Gillette Evansville, Ind.

Secretary— ~L. S. Furrmm Evansville, Ind.

RINCIPAL OFFICE AND ADDRESS Evansville, Ind.

FALL RIVER, WARREN AND PROVIDENCE RAILROAD COMPANY.

Line of Road. —Fall River, Mass., to Warren, R. I 5.79 miles.

Sidings, etc., 0.54 mile. Gauge, 4 ft. 8.J in. Bail (steel, 5.43 miles), 56 Ibs.

History. — Consolidation of the Fall River and Warren, and the Warren and Fall River
RR. Cos. j|Road opened May 22, 1860. Owned and controlled by Old Colony RR. Co.

Operations for year ending June 30, 1891. — Train mileage — passenger, 20,500 ; freight,
4,008— total, 24,508 miles. Passengers carried, 225,626 ; carried one mile, 1,290,966 ; aver-
age mile rate, 1.87 cents. Tons freight moved, 22,325; moved one mile, 129,210; average ton-
mile rate, 4.96 cents. Earnings — passenger, $24,091.77 ; freight, $6,416.75 ; mail, $742.44;
express, $1,500— total, $82,750.96. Operating expenses— transportation, $8,297.89 ; motive
power, $4,205.61 ; maintenance of way, etc., $5.337.21 ; general, $1,332.19— total, $19,072.-
90. Net earnings, $13,678.06. Add rent received, $80— total available revenue, $13,758.06
Paid interest on bonds, $13,758.06.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $150,000 ; funded debt,
1st mortgage 7 per cent. 10-year bonds, due April 17, 1883, interest April and October, $300,-
000; current accounts, $4,141.05— total, $454,141.05. Contra: Road, etc., $310,747.60;
current accounts, $4,430.01 ; profit and loss, $188,963.44— total, $454,141.05.

Annual meeting, 2d Monday in March, at Boston. Trustee of bonds, John M. Washburn.

Directors (elected March 9, 1891). — Charles F. Choate, Frederick L. Ames, Boston, Mass.;
John S. Bray ton, Thomas J. Borden, Fall River, Mass.; Thomas Dunn, Newport, R. I.

CHARLES F. CHOATE, President Boston, Mass.

Treasurer — John M. Washburn Boston, Mass. I Secretary — John S. Brayton Fall River, M:i>.v

PRINCIPAL OFFICE AND ADDRESS Boston, Mass.

FARMVILLE AND POWHATAN RAILROAD COMPANY.

Line of Road.— Bermuda Hundred, Va., to Farmville, Va 88.72

Eppes' Falls Branch : Coalboro', Va., to Eppes' Falls, Va 7.87—96.59 miles.

Sidings, etc., 9.35 miles. Gauge, 3 feet. Rail (steel, 65 miles), 35 Ibs.

History. — Chartered March 3, 1884, and road opened throughout on March 3, 1890.
MANUAL for 1891.)

Rolling1 Stock, June 30, 1891.— Locomotive engines, 7. Cars — passenger, 6; baggage,
etc., 2 ; freight (box, 12; flat, 86 ; coal, 36), 134; caboose, 3; service, 1 — total cars, 146.

Operations for year ending June 30, 1891. — Train mileage — passenger, 24,446 ; freight.
16,743 ; mixed, 61,489 ; other, 4,005— total, 106,683 miles. Passengers carried, 23,404 ;
ried one mile, 427,447. Tons freight moved, 76,370; moved one mile, 2,421,608. <«'•
earnings, $93,018.48 ; operating expenses, $75,379.45 ; net earnings, $17,638.98.

Financial Statement.— Capital stock— common, $497,100; preferred, $500,000; funded !
debt, $320,000 first mortgage 6 per cent, coupon bonds ; $500,000 2d mortgage income (\
cent, bonds ; current liabilities, $56,562.71 ; accrued interest, $3,200 ; car trust obligations.
$9,973.50— total, $1,886,836.21. Contra: Cost of road, $1,805,314.28; of equipment, s
306.59; cash assets, $11,723.44 ; supplies, $4,059.50; profit and loss, $10,432.40— total, $1,^
836.21.

POOR'S MANUAL }F RAILROADS 233

Directors. — Joseph Ilobson, Rock Castle, Va.; Franklin Stearns, James R. Werth,
V. S. Archer. Richmond, Va. ; O. T. Wicker, Farmville, Va.

JOSEPH HOBSOX. President Rock Castle, Va.

lecr*tary& Treasurer— Geo. M. Wilson. Richmond, Va. | General Manager— James R. Werth . . ..Richmond. Va.

,-1 tidifor—'R. T. Wilson Richmond, Va.

PRINCIPAL OFFICE AND ADDRESS 703 E. Main St., Richmond, Va.

FERNEY MOUNTAIN RAILROAD COMPANY.

Line of Road.— Ferney, Pa., to Waterville, Pa 21 miles.

range. 3 ft. 8* in. Rail (steel), 40 fbs.

History.— Chartered July 1, 1890, and road completed in 1890.

Financial Statement.— Capital stock paid in, $20,000.

Directors.— Daniel Shepp, John J. Hursh, L. F. Fritsch, Tamaqua, Pa.; M. M. MacMil-
an Mahanoy City. Pa.; William Boyer, Israel Boyer, Lock Haven, Pa; W. Jones, F. P.
Apiece, James T. Fisher, Tamaqua. Pa.

DANIEL SH EPP, President Tamaqua, Pa.

M. M. MacMillan, Vice-President and General Manager . Mahanoy City, Pa.
Preas>. >rrr— John J. Hursh Tamaqua, Pa. \ Secretary— L. F. Fritsch Tamaqua, Pa.

PRINCIPAL OFFICE AND ADDRESS Mahanoy City, Pa.

FERRO MONTE RAILROAD COMPANY.

Line of Road. — Vanatta Station. X. J., to the Byram Mines, N. J 2.52 miles.

pauges, 4 ft. 8£ in. and 2 ft. 10 in. Rail, 24 to 60 Ibs.

History.— Chartered March 24, 1869. Road opened in September, 1870.

Rolling Stock.— Ore cars, 21.

Operations for year ending December 31, 1889 (latest reported). — Gross earnings (freight).
12,610.40 ; expenses, §6,036.90— net earnings, $6,573.50.

Financial Statement, December 31, 1889.— Capital stock, $30,000. Cost of road aid
quipment, $50,309.21.

Directors. — Alfred Mills, Morristown, N. J.; Ario Pardee, Hazleton, Pa,; A. Cas^,
Canfield, New York City, N. Y. ; Frederick A. Canfield, Dover, N. J. ; George Shaw, Succa-
unna, N. J.

ARIO PARDEE, President Hazleton, Pa.

^ea*. & Sec.— Fred. A. Canfield Dover, N. J. | Superintendent— George Shaw Snccasunna, N. J.

PRINCIPAL OFFICE AND ADDRESS Dover, N. J.

FINDLAY, FORT WAYNE AND WESTERN RAILROAD COMPANY.

Line of Road.— Findlay, O., to Croswell, 0 27.89 miles.

Sidings. 3.04 miles. Gauge, 4 ft. 8| in. Rail (steel), 60 and 65 Ibs.

History. — Consolidation August 14, 1890, ; of the Findlay and Western and the Foit
Wayne and Findlay RR. Co. (see MANUAL for 1890, page 254). The extension from Ottawa
to Croswell, 7.79 miles, was completed toward the close of the fiscal year, and since then a
further extension to the Miami and Erie Canal, 37.03 miles from Findlay. has been com-
pleted. Under construction to Fort Wayne, Ind., 43 miles.

Rollinir Stock, June 30, 1891. — Locomotive engines, 4. Cars — passenger, 2 ; baggage,
mail, and express, 2 ; freight (platform, 41 ; coal, 24), 65 ; hand and push, 6 — total cars, 75.
One of the locomotives, 17 platform and 4 coal cars are leased.

Operations from August 16, 1890, to June 30, 1891.— Mixed trains run, 23,058 miles.
Passengers carried, 7,033 ; carried one mile, 90,003. Tons freight moved, 20,756 ; moved
one mile, 245,584. Earnings— passenger, $2,620.60 ; freight, $5,455.74; mail, express, and
other. $920.12— total, $8,996.46. Operating expenses, $5,902.64. Net earnings, $3,093.82.

Financial Statement.— Capital stock ($18,000 per mile, authorized), $324,000. Funded

234 POOR'S MANUAL OF RAILROADS.

debt consists of $342.000 outstanding 5 per cent. 50-year bond?, due August 15, 1940, interest
payable January and July, authorized at rate of $18,000 per mile. These bonds HIV
each, coupon, with privilege of registration. Interest payable at office of the Washington
Trust Co., New York City. Trustees, Washington Trust Co., New York, N. Y., and Allen
Zollars, Fort Wayne, Ind.

Directors (elected January 12, 1892)— Henry Dexter, Wm. C. Dornin, John S. Ami
Henry Fisk, Alfred P. Boiler, New York, N. Y.; C. H. Roser, Elijah P. Jones, Jacob F.
Barker, James A. Bope, Findlay, O. ; George W. Lowe, Geo. H. Wilson, Fort Wayne, Ind. j

HENRY DEXTER, President New York, N. Y.

William C. Dornin, Vice-President and Treasurer New York, N. Y.

Secretary— Arthur E. Dornin New York, N. Y. | General Manager— C. G. Patterson New York, N. Y

Auditor— S. T. Heffner. Findlay, O.

PRINCIPAL OFFICE AND ADDRESS 600 South Main Street, Findlay, 0.

New York Office.. . . .10 Wall Street.

FITCHBURG RAILROAD COMPANY.

("Boston, Mass., to Fitchburg, Mass .................. 50.00 miles

Main Tino« nf T?,KI<!
Mam Lines of Road

Greenfield, Mass., to Troy, N. Y ..... . ............ 84.41 mile

] Vermont to Rotterdam Junction, N. Y 61.22 mile?

[Ashburnham Junction, Mass., to Bellows Falls, Vt. .53.62 mile^

f Ice : In Charlestown, Mass 0.68

Watertown : West Cambridge, Mass., to Waltham, Mass 6.60

Marlborough : South Acton, Mass., to Marlborough, Mass 12.42

Peterborough and Shirley : Ayer, Mass., to Greenville, N. H 23.62

Worcester and Winchendon : Worcester, Mass., to Winchendon, Mass. 36. 00

AsJiburnham: Ashburnham, Mass., to South Ashburnham 2.59

Monadnock : Winchendon, Mass., to Peterborough, N. H 15.80

( Vt. and Mass. RR.: Fitchburg, Mass., to Greenfield, Mass 56.00 miles

Leased : | Turner's Falls Br.: Greenfield to Turner's Falls, Mass 2.80 miles

( Troy and Bennington RR.: Hoosac Junction to Vermont Line 5.04 miles

Total length of lines operated (owned, 372.48 ; leased, 63.84) 436.32 miles

2d track (owned, 99.19 ; leased, 56), 155.19 ; 3d track (owned), 1.66 ; sidings (owned, 217.90 j
leased, 30.19), 248.09. Gauge, 4 ft. 81 in. Rail (steel, 836.26 miles), 60, 72, and 76 Ibs.

History.— Consolidation, October 1, 1890, of the Fitchburg and the Cheshire" RR. Cos;
(See MANUAL for 1891, pages 108 and 209.) In the consolidation preferred stock of the Fitclij
burg was issued for the stock of the Cheshire at the rate of five shares for four of preferred1
and one share for two of common ; also for Monadnock stock, share for share.

During the past year the Southern Vermont RR., previously operated under lease, \v i
purchased and merged.

Rolling Stock, June 30, 1891. — Locomotive engines. 221. Cars — passenger, 136 ; smol<
ing, 24 ; combination, 31 ; baggage and express, 39 ; mail, 12 ; paymaster's, 1 ; directors', 1 \
freight (box, 4,230 ; stock, 216; coal, 654; platform, 844; oil tank, 13), 5,957; service carj
(caboose, 97 ; derrick, 12 ; tool, 9 ; boarding, 17 ; flat, 10 ; dump, 177 ; snow-ploughs, 16
338— total cars, 6,539. Of the box cars 297 are leased.

Operations for year ending June 30, 1891. — See tabulated statement below.

Earnings.— Passenger $1 ,940,176 80

Freight 4,330,784 44

Mail and Express 219,548 34

Miscellaneous... 89,81237

Total ($15,081.41 per mile) $6,580,322 04

Rent of Roads and Property . . . 64,149 38

Elevator, Wharves, etc 154,525 15

Other Income ... .... 52,007 92

Gross Earnings ($15,704.08 per mile) . . . $6,851,004 49

Expenses.— Maintenance of Way $816.360

Motive Power and Cars 718,860 f ;

Transportation— Wa.m-s 1,71<>.001

Transportation— Fuel tr

Transportation— Other

General . . 47H.713 1

Total ($11, 270.48 per mile) $4,:-

Taxes ".

Gross Expenses ($11,765.37 per mile). ..$:>. :

Net earnings from all sources (25.07 per cent.), $1,717,538.59. Payments : Rental;

POOR'S MANUAL — FITCHBURG RR. CO.

235

$274. !»80 ; interest on funded debt, $869,067.73; interest on unfunded debts, $20,216.53 ;
dividends, $502,749.70— total, $1,727,013.96. Balance, deficrt, $9,475.37. Surplus from last

$282,672.48 ; net surplus as per general balance sheet, $273,197.11.

Statement of operations, capital account, etc., for seven years (1883-1889) ending Sep-
tember 30, and two years (1890-1891), ending on the 30th of June :

1883

1884

1885

1886

1887

1888

1889

1890

1891

esof RR. Owned....

•fd
<ek Owned.,
il

:nes

1 Mail Cars .
ight and Oth <
Train Miles..
tin Miles
Miles
- Tarried
Miles
:s> Moved. . .
:n Miles

«8 Earnings
MS Expenses

93.32
15-2.12
207.50
106. 20
98
96
31
3.388

970,023
2.307.225
3,158,643
50,167,619
2,031.122
135,787,172
$
2,909,677
2,187,941

93.32

152.12
208.99
108.13
100
114
31
3.421
981,955
1,004,364
2.4*3.632
3,542,936
54,622,010
2,112,155
144,246,394

2,849,157
2,131,405

131.91
173.62
258.79
133.63
107
135
30
4,032
1.114.441)
990,878
2,688.287
1 3,791,035
53,418,653
2,153,283
161,905,750
I
2.887,671
2,146,961

133.57
192.37
267.32
133.63
112
131
29
4.044
1,280,868
1,159,645
3.200.106
4,130,395
61,073,787
2.509,131
135,113,082
S
3,399,542
2,559,665

281.11
344.95
555.99
323.74
175
179
46
5,427
1,600,412
1,414,241
4,088,947
5,026,045
74,043,498
2,919,629
238,913,600

4.569,321
3.482,654

299.05
369.08
5»3. S3
468.00
183
184
46
6,156
1.5*37.513
1,883,301
5.016.326
5,591.873
85,329,607
3,211,376
302,958,615

5.463,298
4,196,605

299.05
360.06

587.47
472.00
177
184
46
6,158
1,968.026

5.507.060
5,744,738
88.569,939
3,500,162
349,949.939
S
5,824,841
4,436,604

299.05
369.08
590.70
478.00
187
170
40
5,951
1,893.601
2.4X2.579
5.641.356
5,895,202
'.»!. 703.034
3,971.318
390,0791822

s

6,259,533
4,525,606

372.48
486^32

691.23
691.23
221
191
51
6.297
2.005,066
3;il2;285
6.304,182
6,719.206

4,215,024

437.219.tj36

M 33. 466

t Traffic Earnings
mium on Bonds

lilable Revenue
tal

721,736
56,000

717,752
7,500

740,710
3,580

£39,877

1,086,667

1,266,693

1,388,237

1,733,927

1,717,538

777,736
230,164
338. 725
(6) 297,000
+ 21,847

18,571 02
14,282 99
4.18803
77.45 p.c.
1.78C.
1.35C.

s

4,950,000
3,500,000
510,000
106,235
100,352
317,323

725,252
246,809
212,332

(5^)272,250
- 6,139

18,19412
14.011 34
4,18278
77.01 p.c.
1.65c.
1.09c.
$
4,950.000
4,000,000
530,000
106,235
166,997
279.664

744,290

252,581
220,688
(5) 247,500
+ 23,521

16,054 77
12,365 85
3,688 92
77.02 p.c.
1.83 c.
l.Otic.

5,286,500
5,140,600
351,500

839,877
256,480
260,763
(5) 264,330
+ 58,304

17,671 89
13,305 95
4,365 94
75. 2<) p.c.
1.75c.
1.07 c.
«

5,286,600
5,140,600
823,300

1,086,667
266.011
423,328
(7) 535.0>6
- 127,658

20,229 50
15.452 36
4.777 14
76.21 p.c.
1.89c.
1.13c.

20.771.100
16,290,600
380,300

1,266,693
281,280
789,108

(2) 261,836
- 15,526

14.802 48
11,37045
3.432 03
76.80 p.c.
1.97C.
1.09 c.

20,775,100
18,284,600

1.388,237
278,955
777,167

1.733.927
871*980

807,416
(2) 261,836
+ 392,695

16.759 83
12.201 77
4.698 00
72.30 p. c.
2.17 c.
1.02c.
$
20,775.100
18,534.600
780,000
1,342.903
96,645
282,672

1.717,538
274.980
889.284
(31)562.750
' 9.475

15.704 08
11.7(3537
3.938 71
74.93 p. c.
1.87c.
l.OOc.

S

23.497,6130
20,801,600
675,000
1,491.482
79,047
273,197

'idends
ance t + or — )

MS Earnings p. Mile.,
p. Mile.
t Earnings p. Mile. . .
>enses to Earnings . .
.Rate p. Pass. p. Mile
.Rate p. Ton p. Mile.

pital Stock
oded Debt
tes Payable
king Fund
counts and Balances.
>fit and Loss

Total Liabilities
ilroad |

+ 332.ii5

15,782 21
12,02071
3,761 50
76.17 p.c.
1.94c.
1.04c.

20.77'5,100
18,534,600
300,000

575,842
390,042

1,028,751
410.333

1,754,360
281,674

1,488,746
266,149

1,658,782
329,392

9,544,410

10,032,8%

11,744,484

12,694,584

39,478,034

40,814,595

41,297,874

41,811,9-20

46.817.926

6,934,061

, 914,410
660,353
409,571
626,015

7,104.840

1,334,542
660,153
336.028
597,333

\ 5,606,057
} 2.659,189
1,226,135
1,191,477
384,129
677,497

5.606,057
2,659,189
1,577,935
1,323,082
378,171
1,150,150

32,098,662
2,856,408
706.820
1,453,563
625,039
1,737,542

33,026.190
3,523,081
706,320
1,465,212
836,109
1,257,683

33.413.489
3,535.9-21
663,897
1,491,435
747,716
1,445,415

33.525,314
3,7*3,602
2,1:34,977

37,378.2.^
3316.83»i

3,250,442

oipment f
al Estate & Investm'ts
rmontanclMas^.RR.
terials and Supplies.,
'hand Receivables...

Total Assets

765,663
1.652.364

1,012.41S
1,359.97-J

9,544,410

10,032,896

11,744,484

12,694,584

39,478,034

40,814,595

41,297,873

41,811,920

46,817,926

For purposes of comparison is given the following statement of earnings, expenses, fixed
charges, etc., for the years ending June 30, 1890 and 1891, the figures for 1-390 including
earnings, etc., of the Cheshire from October 1, 1889, to June 30, 1S90 :

1890 1891

1890

1891

irnings.— Passenger .
Freight . . .
Mail
Express . . .
Other

Total . . .

$ S
1,884,00956 1.940,17689
4,238,12439' 4,330,78444
55,543 64 61,126 31
169,849 IB 158,422 03!
128,374 25 89,812 37

Other Eec.— Rents .

101,16049
184,64489
27,493 07

64, 149 aS
154,525 15
52,007 92

Elev..\Vh'v's..etc.:
Miscellaneous . . .

Total Net Income '•

1,861,625 48
319,230 00
843,416 44

1,717.538 59
274,980 00
889,284 26

6,455,89900! 6,580,32204
4,907,571 97 5,133.465 90

Interest
Total

Operating Expenses and Taxes
Net Traffic Earn ings...

1,162,646 44
698.979 04

1,164,264 26
553.274 33

1,548,32703 1,446,85614

Bal., available for Dividends .'

236

POOR'S MANUAL — FITCHBURG RE. CO.

General Balance Sheet. June 30, 1891.

Fitchburg ER $5,441,376 87

B., B. & G. RR. Construction. 958,508 65
T. & G. RR. & H. T. Con-solid. 11,787,785 32
Hoos. Tun'ID. & E. Purchase 2,031,74440

T. & B. Consolidation 4.333.30000

B., H. T. & W. Ry. Purchase. 7,024,882 83

Cheshire RR. Consol 3,525,000 00

So. Vt. RR. Purchase 175,000 00

Permanent Improvements . . . 2,100,659 71—37.378,257 78 i

Equipment 3,816,836 35 I

Investments 3,250,442 12

Materials and Supplies 1.012 418 09

Railroads and Agents 975,560 86

Bills Receivable 178 015 00

Cash 206,396 35

Capital Stock, Common $7,000,000 00

Capita] Stock, Preferred

Funded Debt

Vouchers and Accounts

Dividends and Interest Unpaid.

Interest Accrued

Taxes Accrued

Rents Accrued

Notes Payable

Improvement Fund

Profit and Loss

16,497,600 00

20,801,600 00

769,735 02

287,392 70

233,219 00

131,840 76

69,295 00

675,000 00

79,046 96

273,197 11

Total Assets $46,817.926 55 Total Liabilities $46,817,926 55

Preferred stock is entitled to dividends up to 4 per cent, and to share equally with com-
mon in any dividends paid after that. Except upon the question of increasing the share
capital, leasing the road or any part of it, or of hiring or uniting with any other road, the
common stock has no voting power until it shall have received 4 per cent, dividends for two
successive years.

DIVIDENDS. -^-During the 44 years, from 1845 to 1888 inclusive, this company paid divi-
dends ranging from 10 per cent, per annum to 2 per cent, (in 1888), an aggregate of 290 per
cent. In 1889 nothing was paid ; in 1890, 2 per cent, (the dividend on the Troy and Boston
issue, however, being withheld), and in 1891, 34- per cent.

Statement of funded debt, June 30, 1891, and of interest and rental charges :

1 DESCRIPTION OF BONDS.

Date of
Issue.

££$. i **—*:

!

Amount.

Annual

Interest.

F.

Ch<

T.
B.,

B.,
H.
Moi

RR. Plain

jshire RR.

& B. RR.
B. & G. B

H. T. & ^

r., D. &i

ladnock Ii
Total for

Bonds

Apr. 1, 1874
Oct. 1, 1877
Oct. 1, 1879
Oct. 1, 1880
Oct. 1, 1881
Apr. 1, 1882
Apr. 1, 1883
Mar. 1,1884
June 1, 1885
Feb. 1, 1887
Apr. 1, 1887
Sept. 1, 1887
May 1, 1888
Mar. 1, 1889
June , 1890
June , 1890
July 1, 1876
July , 1878
July , 1874
Apr. , 1873
Apr. , 1873
July , 1875
July , 1875
Sept. 1, 1883
Apr. 5, 1887
July 1, 1877

Apr. 1,18947 p. c., Apr. & Oct.
Oct. 1, 1897 6 p. c., Apr. & Oct.
Oct. 1, 1890 5 p. c., Apr. <fc Oct.
Oct. 1, 1900 5 p. c., Apr. & Oct.
Oct. 1. 1901 5 p. c., Apr. & Oct.
Apr. 1, 1902 5 p. c., Apr. & Oct.
Apr. 1, 1903 5 p. c., Apr. & Oct.
Mar. 1, 1904:4 p. c., Mar. & Sept
June 1-, 1905 4 p. c., June & Dec.
Feb. 1, 1937[3 p. c., Feb. & Aug.
Apr. 1, 190714 p. c., Apr. & Oct.
Sept. 1, 1897!4* p. c., Mar. & Sept
May 1, 1908J5" p. c., May & Nov.
Mar. 1, 1899 5 p. c., Mar. & Sept
June 1, 1900 5 p.c., June & Dec.
June 1,1920 4 p.c., June & Dec.
July 1, 1896 6 p. c., Jan. & July
July 1, 1898 !6 p. c., Jan. & July
July 1, 19247 p.c., Jan. & July
Apr. 1, 1893 7 p. c., Apr. & Oct.
Apr. 1, 189315 p. c., Apr. & Oct.
July 1, 1893 3 p. c., Jan. & July
July 1, 1895 6 p. c., Jan. & July
Sept. 1, 1913:5 p. c., Mar. & Sept
Apr. 5, 1892 4 p. c., Apr. & Oct.
July 1,1897,5 p. c., Jan. & July

$500,000
500,000
500,000
500,000
500.000
500,000
500,000
500,000
500,000
5,000,000
1,500,000
2.250,000
2,000,000
750,000
390,000
500,000
250,000
550,000
577,000
91,300
299,700
186,300
57,300
1,400,000
500,000
48,000

$35,000
30,000
25,000
25,000
25.000
25,000
25,000
20,000
20,000
150,000
(50.000
101,250
100,000
37,500
19,500
20,000
15,000
33,000
40,390
6,391
14,985
5,589
3.438
70,000
20,000
2,400

Plain Bonds

1st Mtge...

.R. 1st Mtge
1st "

2d "
4th "
r. Ry. Deb'rs . . .

). El Mtge. Note
Jl. Mtge

Funded Debt

$20,849,600

$929,443

RENTALS.

When Payable.

Annual Amount

Vermont and Massachusetts RR. :
Organization Expenses

Jan , Apr., July & Oct

$3,000

Bonds of May 1. 1903, $1.000,000
Stock, $3,193,000 at 6 per cent

5 per cent., May & Nov. .
Apr & Oct

50,000
191,580

T. & Benn. RR. Annual Rental ... .

Feb. & Aug..

15,400

Totals for Rentals

$259,980

Total Fixed Charges

$1,189,423

POOR'S MANUAL — FITCHBURG SYSTEM.

237

Freight tonnage transported over the Fitchburg Railroad for ten fiscal years :

.YEAR.

GOING WESTWARD.

GOING EASTWARD.

•Total
Number
of
Tons
Carried.

Equivalent
Number
of
Tons
Carried
One
Mile.

Tons.
129,81^,076
153.865,420
163,056,462
161,905,750
195,113,082
238,913,600
302,958,615
349,949.939
390.079,822
437,219,636

Through
Hoosac
Tunnel
from
Boston.

All
Other
Tonnage.

Total
Going
Wect,

Through
Hoosac
Tunnel
to
Boston.

All
Other
Tonnage.

Total
Going
East.

1882....

1885
1888

1888
1889
1890

Tons.
121,241
107.585
109,126
105,664
102,840
115.637
*88,589
86.54S
77,793
105,031

Tom.
4&J.970
461,688

478,381
481,046
539,623
681,189
761.648
771.137
926.268
904,225

Tons.
554.211
569,217
587,507
586,710
642,463
769,826
850,237
857,6sr.
1.004.061
1,009,256

Tons.
378.926
488,270
557,554
460,219
567,555
599,411
*548,209
700.884
722,199
700.313

Tons.
889,125

973,635
967,094
1,111,354
1,299,113
1.523,392
1,812,930
1,941.593
2,245,058
2,505,455

Tons.
1,268,051
1,461,905
1,524,648
1.571.573
1,866,668
2,122.803
2,361,139
2,642,477
2,967,257
3,205,768

Tons.
1,822,262
2,031,122
2,112,155
2,158,283
2,509.131
2,219,629
3,211,376
3,500,162
3.971.318
4.215,024

1891

* To and from Western connections at Rotterdam, Troy, and Mechanicsville. In former years, of course,
all tonnage was included which reached or left North Adams, that point then being the Western terminus of the
railroad.

Annual meeting, last Wednesday in September. Books do not close for annual meeting.
Before the payment of dividends a date is fixed (about 15 days) after which stock, if trans-
ferred, does not carry dividends. Stock and bonds listed on Boston Stock Exchange.

KAILROADS LEASED BY THE FITCHBURG RR. Co.

MECHANICSVILLE AND FORT EDWARD RAILROAD.-Mechanicsville to Fort Edward,
N. Y., 27 miles : in operation. Mechanicsville to Stilhvater. 2.86 miles— total track, 2.99 miles. Gauge, 4 ft. 8| in.
Rail (steel. 1.34 miles ), 56 and 62 Ibs. Reorganization after foreclosure sale, June 22. 1877 , of the Schuylerville'and
Upper Hudson RR. Co. (see MANUAL for 1891). Road rebuilt by the Fitchburg RR. Co.. to which it was leased
December 9, 1890.

Fhi'i/n-i'tl Statement, June 30, 1891.— Capital stock (par, $100), $10,000 ; open accounts, $44.998.07— total
representing cost of road, etc., $54,998.07. JAMES ROOSEVELT, Resident ; James C. Hartt, Acting Treasure?,
New York. X. Y.

TROY AND BENNINGTON RAILROAD.— Hoosac Junction to Vermont State Line, 5.04— total
track, 5.78 miles. Chartered May 27, 1851 ; road opened August 1, 1852. Leased to the Fitchburg RR. Co. Rental,

'<) annually. Payments, year ending September 30. 1889. — Expenses, ^2so ; interest, 3:3.040 ; dividends,

>-$12.368. Surplus, $3,032. Financial Statement, September 30, 1889.— Capital stock, $150.800; funded
debt, 1st mortgage 6 per cent, registered bonds, issued January 1, 1880, payable at various dates till August 1,
1900, interest February and August, $49,000 ; income surplus, $38,738.07— total. $-238.538.07. Contra: Cost of
road, $236,953.37 : cash and cash assets. $1,584.70— total, $238,538.07 . (For dividends paid since the organization
of the company, see MANUAL for 1891, page 212.) Dividends payable at Union National Bank, Troy, N. Y.
J. M. CORLISS. President; Paul Cook. Acting Secretary and Treasurer, Troy, N. Y. .PRINCIPAL OFFICE AND
ADDHESS. 514 Fulton Street, Troy. N. Y.

VERMONT AND MASSACHUSETTS RAILROAD.-Fitchbnrg to Greenfield. Mass., 56 miles ;
Turner's Falls Branch, 2.80— total, 58.80 miles. 2d track, 56 : sidings, 30.19 miles. Steel raiis. 112 miles. Con-
solidation of the Vermont and Massachusetts and the Brattleboro' and Fitchburg RR. Cos. Road opened April
15, 1849. Leased to the Fitchburg RR. Co. for 999 years from January 1, 1874; rental, interest on bonds. 6 per
cent, on stock and $3,000 for organization expenses. (See MANUAL for 1891, page 212.) Rental, year ending
June 30. 1S91. $191.580— being for organization expenses, $3,000; and for dividends. April and October. 3 per cent.
each, $191.580. This company paid its first dividend January 1, 1866, 2 per cent. Since that time it has paid 44
dividends aggregating 114 per cent., or $3,468,941.41.

Financial Statement, V. & M. RR. Co.. June 30. 1891.— Capital stock. $3,193,000 ; funded debt, 5 per. cent.
20-year bonus, due May 1, 1903, $1,000,000 : unfunded debt, $13.916.30 : profit and loss. $142,002.28— total, $4.348.-
918.58. Contra; Construction and equipment. $3,694,862.28: stocks and other inTestments. $588.0,^2.92 ; real
estate, $65,973.38— total, $4,348.918.58. Of the $1,000,000 5 per cent, bonds, $550,000 were applied to retiring the
bonds matured July 1, 1883, and the balance to reduction of advances by lessee on account of improvements.
Annual meeting, first Wednesday in June. Books close for that day only. Dividends payable April 7 and October
7, to stockholders of record March 31 and September 30. Stock and bonds listed on Boston Stock Exchange.
Interest payable by lessee ; dividends at the office of the treasurer, 53 Devonshire Street, Boston. GEORGE F.
FAY, President, Fitchburg. Mass.; Franklin N. Poor, Treasurer. Boston, Mass. ; B. D. Locke, Secretary, Arling-
ton, Mass. GENERAL OFFICE, Boston, Mass.

Board of Directors, Fitcliburg RR. Co., elected September 30, 1891.

Henry S. Marcy Boston. Mass. Robert C->dman Boston, Mass. ('has. T. Crocker . .Fitchburir, Ma--.

Frederick L. Ames . . .Easton. Mass. Rodney Wallace. . Fitchhunr. Mass. Wm. Sevvard Webb New York N Y

George Heywood.... Concord. Mass. Wm. H. Hoi lister.. New York, N. Y. Francis Smith Rockland, Me.

Augustus Kountze.Ne\v York, N. Y. . SW. A. Russell Boston, Mass. E. C. Thayer Keene, N. H.

Directors appointed by State of Massachusetts.

John Quincy Adams.. Quincy, Mass. | David P. Kimball Boston. Mass. | James Renfrew, Jr.. .Adams, Mass.

HENRY S. MARCY, President Boston, Mass*.

-— N. F. Whitcomb Boston, Mass.

Treasurer— I). A. Gleason. . .
Clerk— Edmund D. Codman . . .

Boston, Mass. ,

Aietlifor—C. S. Anthony

PRINCIPAL OFFICE AND ADDRESS Boston, Mass.

238

POOR 8 MANUAL OF RAILROADS.

FLORIDA, CENTRAL AND PENINSULAR RAILWAY COMPANY.

Lines of Road:

Western Division : Jacksonville, Fla., to Chattahoochee, Fla 209.00

Monticello Branch : Drifton, Fla., to Monticello, Fla 4.00

St. Mark's Branch : Tallahassee, Fla., to St. Mark's, Fla 21.00—234.00 miles.

Fernandina Branch : Hart's Road to Jacksonville Junction. Fla 22.02 miles.

Jacksonville Belt RR. : Around the City of Jacksonville. Fla 3.33 miles.

Southern Diviuion : Fernandina, Fla., to Cedar Keys, Fla 155.70

Ocala Branch : Waldo, Fla., to Ocala, Fla 47.08

Withlacoochee Branch : Ocala, Fla., to Withlacoochee, Fla 50.61

Plant City Branch : Withlacoochee, Fla., to Tampa, Fla 60.86

Tavares Branch : Wildwood, Fla., to Tavares, Fla., and Spur 22.28

Orlando Branch : Tavares, Fla., to Orlando, Fla 32.50 — 369.03 miles.

Total length of all lines owned, June 30, 1891 6'28.38 miles.

Sidings, etc., 43 mile?. Gauge, 5 ft. 8iin. Kail— iron, 40 and 56 Ibs.; steel, (500 miles), 601bs.

History. — Organized early in 1889, and on May 1 of that year took possession of the
different sections of the Florida Ry. and Navigation Go's, lines, which had been sold under
foreclosure in April, May, and July, 1888. (For plan of reorganization see MANUAL for 1888.
page 584.) The Orlando Branch, was built by the Tavare"s, Orlando and Altantic Ry. Co., but
was purchased at foreclosure sale in 1891 by this company.

Rolling Stock, June 30, 1891. — Locomotive engines, 45. Cars — passenger, 35 ; sleepers,
2; baggage, mail, and express, 22; freight (box, 333; stock, 4 ; platform, 375), 712; caboose,
14 ; other, 26— total cars, 811.

Operations for year ending June 30, 1891 (average, 596 miles). — Train mileage — passen-
ger, 336,734; freight, 428,632; mixed, 237,845— total, 1,008,211 miles. Passengers carried,
274,994 ; carried one mile, 13,615,011 ; average mile rate, 2.72 cents. Tons freight moved,
531,076; moved one mile, 58,745,729 ; average ton-mile rate, 1.45 cents.

Earnings.— Passenger $369,897 05

Freight 851,933 67

Mail and Express 65,904 24

Other 54,144 49

Expenses. — Transportation $447,516 24

Maintenance Equipment 125,772 04

Maintenance Way & Buildings. 261,018 89

General . . . 177,406 77

Total ($2,151.48 per mile) .$1,341,879 45 Total ($1,697.50 per mile) $1,011,713 9"

Net earnings (24.60 per cent .), $330,165.49. Payments : Interest on bonds, $155,726.391;
taxes. $59,955— total, $215,681.39. Balance, surplus, $114,484.10.

Financial Statement. — Capital stock — first preferred 5 per cent, cumulative, $1,582,000;
second preferred 5 per cent, stock, $4,500,000 ; common, $20,000,000 ; funded debt, first
mortgage 5 per cent. 30-year $1,000 gold coupon or registered bonds, due July 1, 1918,
interest payable January and July, at, the American Exchange National Bank, New York City,
$3,000,000 ; also 1st mortgage extension gold coupon or registered bonds, due January 1,
1930, $275,000 ; interest payable January and July. Denomination, $1,000. Total stock and
bonds, $29,357,000.

Annual meeting, first Thursday in March, at Jacksonville, Fla.; books close fifteen days
previously. Trustees of bonds, Central Trust Co. and Atlantic Trust Co. Registrar of stock,
American Exchange National Bank, New York City. Stock and bonds listed on the New-
York Stock Exchange.

Directors (elected March 2, 1801).— W. Bayard Cutting, R. Fulton Cutting, L. K. Wil-
merding, Adolph Engler, Wm. E. B.UIQ, J. K. Gapen, H R. Duval, New York, N. Y. ; Wayne
MacVeagh, Philadelphia, Pa. ; Ferdinand W. Peck, Chicago, 111. : D. E. Maxwell, Jack
ville, Fla.; John A. Henderson, Tallahassee, Fla.

H. R. DUVAL, President 32 Nassau Street, New York, N. Y.

Treasurer— W . N. Thompson Jacksonville, Fla. I Gen.Mgr.&Pur.Agt.^-'D. E. Maxwell. Jacksonville, Fla.

Sec. & Transfer Agt.-E. R. Hoadley . .New York, N.Y. | Auditor— T. W. Roby

PRINCIPAL OFFICE AND ADDRESS Jacksonville, Fla.

Transfer Office. . . .32 Nassau Street, New York, N. Y.

POOR'S MANUAL OF RAILROADS. 239

FLORIDA MIDLAND RAILROAD COMPANY.

Line of Road.— Loiiffwood, Fla., to Kisshmnee, Fla 44 miles.

Sidings. 2.5 miles. Gauge, 4 ft. 84 in. Rail (steel), 40 Ibs.

History.— CharttM^d in 1885 ; road completed to Ocoee, in December, 1886; to Harpers-
vine in 188!). and to Kissimmee, in 1890. A further extension from Kissiumiee south to
PuntaRossa, a distance of 150 miles, is in contemplation.

Rolling* Stock, June 30, 1890.— Locomotive engines, 3. Cars— passenger, 2 ; baggage,
etc., 1 — total cars, 3.

Operations for year ending June 30, 1§90. — Train mileage (mixed), 16,276 miles. Pas-
sengers carried, 4,536 ; tons freight moved, 8,557. Earnings— passenger, $2,008.19 ; freight,
g 88— total, $10,737.07. Operating expenses— transportation, $4,972.69 ; motive power
and cars, $750.54; maintenance of way, etc., $5,821.69; general, $1,917.79— total, $13,-
.462.71. Deficit from operations, $2,725.64.
Financial Statement.— Xot furnished.

Annual meeting, first Thursday iu March, at Kissimmee, Fla.

Directors (elected March, 1891).-^Johu H. Bnttrick, Lowell, Mass. ; Edward Page, Cyrus
i Carpenter, John Spaulding, F. C. Bell, John Prince, Boston, Mass. : John F. Cogswell,
jClarcona, Fla. : Andrew Johnson, Chattanooga, Tenn. ; A. E. Drought, Kissimmee, Fla. ;
F. S. MacKenzie, Woodstock, Vt.

JOHN H. BUTTRICK, President Lowell, Mass.

Edward Page, Vice-President Boston, Mass.

•;td Sec.— A. Carpenter Boston, Mass, j General Manager— John H. Dawe Kissimmee. Fla

PRINCIPAL OFFICE AND ADDRESS Kissimmee, Fla.

Boston Office. . . .44 Hanover Street.

FLORIDA SOUTHERN RAILWAY COMPANY.

Main Line of Road.— Palatka, Fla., to Brooksville. Fla 178.75

"harlotte Harbor Division : Bartow to Puma Gorda, Fla 80.79

Sf. John's and Lake Eustis Railway 48.00 — 307.54 miles.

'Sidings, 15.37 miles. Gauge, 3 ft. Rail (steel), 50 Ibs.

History. — Chartered June 8, 1878 ; road opened as above in 1882. The company has a
;tate land grant of 13,840 acres per mile. Upon application of the Jacksonville, Tampa and
vey West RR. Co., as the holder of over nine-tenths of the bonds, the road (with the excep-
ion of the St. John's and Lake Eustis Division) was placed in the hands of a receiver on
larch 19, 1890. A *ale of the road has been ordered for March 7, 1892.

Rolling: Stock, December 31, 1888. — Locomotive engines, 23. Cars — passenger, 23 ; bag-
;age, etc., 6 ; freight (box, 145 ; platform, 118; stock, 6), 269 ; caboose, 4— total, 302. Also
|00 transfer trucks, and 2 steamers, "A. J. Lane " and "Dispatch," on Lakes Harris and
griffin.

Operations, etc. — Not reported.

Financial Statement, December 31, 1888.— Capital stock authorized, $10,000 per mile ;
ustanding, $2,595,400. Funded debt — 1st mortgage 6 per cent. 40-\ ear gold $100 and $1,000
>upon bonds, due July 1, 1923, at the rate of $12,000 per mile, interest payable January and
uly, at 40 Water Street. Boston. Mass. — outstanding December 31, 1888, $2,113,500 ; Char-
>tte Harbor Division — 1st mortgage 6 per cent. 40 year $100 and $1.000 gold coupon bonds,
ue October, 1925. at rate of «1 0,000 per mile— outstanding December 31, 1888, $790,900.
rustees of main line bonds. New England Trust Co., Boston, Mass. ; Charlotte Harbor Div
"itds. American Loan and Trust Co., Boston, Mass.

In September, 1888, an agreement was made with the Jacksonville, Tampa and Key West

Co., which gives to that company the operation of the Florida Southern road after

umary 1, 1889. The stock and bonds of this company are deposited in trust with the Amer-

an Loan and Trust Co. of Boston, as collateral security for an issue of bonds made by the

240 POOR'S MANUAL OF BAILROADS.

Jacksonville, Tampa and Key West, and delivered to this company in exchange for the
securities deposited. The new bonds, Series " A," bear 3 per cent, for two years, 4 per Cent
for three years, and 4£ per cent, for five years ; and Series "B" 2 per cent, for two years,
and 4 per cent, for eight years. If the principal be paid off at the end of the ten years the
Jacksonville company is to have the collateral.

All later information refused by the officials of this company.

ST. JOHN'S AND LAKE EUSTIS RAILWAY.-Leesburg, Fla., to Lane Park, Fla., 23 miles.
Branch : Fort Mason, Fla., to A* tor. Fla., 25— total, 48 miles. Sidings, 1.75 mile.*. Gauge 3 ft Kail— iron «5
steel (10 miles), 35 Ibs. Road opened 12 miles in 1879 ; to Lake Eustis, 25 miles, in 1880 ; to Lane Park 34 miles'
in 1883 ; and to Leesburg in October, 1885. Leased, on completion to the latter point, and now wholly owned by
Fionas Southern Ky. Co., which guarantees principal and interest on bonds issued at rate of %6 000 per mile
Rolling Stock— Locomotive engines, 3. Cars -passenger, 2; freight (box, 9; platform, 0), 18— total cars 20*
Capital stock, $89,500 ; funded debt, $285,500. JOHN W. CANDLER, President ; Frank Q. Brown, Secretary and
Treasurer, Boston, Mass. CORPORATE OFFICE, Palatka, Fla.

Board of Directors, Florida Southern Ry. Co.

John W. Candler Boston, Mass.

C. C. Deming New York, N. Y.

Jacob Edwards Boston, Mass.

Archibald Rogers . . New York, N. Y. Frank Q. Brown Boston, Mass

Edward Avery Boston, Mass.

R. H. Coleman Cornwall, Pa'

Mason Young New York, N. Y. H. M. Flagler. .'.'.'.'.New York, N. Y*

JOSEPH 11. PARROTT, Receiver Jacksonville, Fla.

JOHN W. CANDLER, President 131 Devonshire Street, Boston, Mass.

Sec. and Treas.— Frank Q. Brown Boston, Mass. | General Auditor—3. E. Starke Jacksonville, Fla.

PRINCIPAL OFFICE AND ADDRESS Palatka, Fla.

New York Office. . .'. . .10 Wall Street.

FONDA, JOHNSTOWN AND GLOVERSVILLE RAILROAD COMPANY,

Line of Road.— Fonda, N. Y., to Northville, N. Y 26.17 miles.

Sidings, etc., 4.96 miles. Gauge, 4 ft. 8| in. Rail (steel, 14.65 miles), 56 Ibs.

History. — Consolidation, January 22, 1881, of the Fonda, Johnstown and Gloversville and
the Gloversville and Northville RR. Cos. (See MANUAL for 1891.)

Rolling1 Stock, June 30, 1891. — Locomotive engines, 7. Cars — passenger, 10 ; baggage,
mail, and express, 4 ; freight (box, 11 ; platform, 12), 23— total cars, 37. A.lso 1 caboose
car and 1 snow-plough

Operations for year ending June 30, 1891. — Train mileage — passenger, 34,496 ; freight.
18,708; mixed, 12,512— total, 65,716 miles. Passengers carried, 238,218 : carried one mile,
2,548,932 ; average mile rate, 2.94 cents. Tons freight moved, 128,557 ; moved one mile,
1.349,680 ; average ton-mile rate, 8.81 cents. Earnings — passenger, $74,588.17 ; freight.
$127,959.98; mail and express, $21,324.57; miscellaneous, $4,720.95— total, $228,59:!. 07.
Operating expenses, $130,310.87. Net earnings, $98,282.80. Add other receipts, $1,5"
—total available revenue, $99,784. Payments : Interest, $33,035 ; dividends, $30,000 ; taxes,
$11,430.97— total, $74,465.97. Balance, surplus, $25,318.03 : surplus forward, $137,033.015-
total surplus, 162,351.69.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $300,000 ; funded debt,
(1st mortgage 7 per cent. 30-year coupon bonds, due July 1, 1900, interest payable January
and July, $300,000 ; consolidated mortgage 6 per cent. 40-year coupon bonds, due April 1.
1921, interest payable April and October, $200,000), $500,000 ; bills payable, $68,69f-
•current accounts, $7,831.87; other liabilities, $10,500; profit and loss, $162,351.69— total.
$1,049,379.82. Contra : Construction and equipment, $936,426.61 ; sinking fund, $15,83!-
real estate, $88,751.43 ; bills receivable, $1,992.61 ; pay roll, $2,153.34 ; current accounts
interest, $35,120.82 ; cash, $19,095.86— total, $1,049,379.82.

Directors.— W. J. Heacock, John McNab, C. W. Judson, L. Caten, A. D. L. Balu-r.
H. H. Pettit, D. B. Judson, Gloversville, N. Y. ; D. A. Wells, L. Veghte, Henry Veghtc.
M. Wade, Johnstown, N. Y.; G. F. Mills, Fonda, N. Y.

W. J. HEACOCK, President ? Gloversville, N. Y.

Treasurer— John McNab Gloversville, N. Y. | Secretary and Supt.—Lavfton Caten . Glovor.sville, N . Y .

PRINCIPAL OFFICE AND ADDRESS Gloversville, N. Y.

POOR'S MANUAL OF RAILROADS. 241

FORT PAYNE AND EASTERN RAILROAD COMPANY.

Line of Road.— Fort Payne, Ala., to Payne Mines 11.25

Branches : To different industries 3.25 — 14.50 miles.

Gauge, 4 ft. 8£ in. Rail (steel), 60 Ibs.

II ixtory.— Chartered November 21, 1888 ; road opened as above in 1890. The railroad
is owned by the Fort Payne Coal and Iron Co.

Rolling Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 1 ; freight,
(flat, 8 ; coal, 31), 39 — total cars, 40. Of the coal cars 25 are leased.

Operations for year ending January 31, 1891 (latest reported). — Traffic operations and
expenses not reported. Gross earnings (passenger, $591.20 ; freight, $8,499.25), $9,090.45.

Financial Statement.— Capital stock (par, $100), $5,000,000. No bonded debt.

Annual meeting, third Thursday in February, at Fort Payne, Ala.

Directors (elected February 18, 1891).— D. H. Goodell, Antrim, N. H.; Selden Connor,
Portland, Mo.; Henry B. Pierce, Boston, Mass.; J. W. Spaulding, Geo. S. Smith, S. Reed
Allen, Fort Payne, Ala.; T. P. Randall, Chicago, 111.: R. P. Kingman, Brockton, Mass.:
H. A. Yeaton, Portsmouth, N. H.

D. H. GOODELL, President Fort Payne, Ala.

G. S. Smith, Vice-President Fort Payne, Ala.

Treasurer— W. H. Grant Fort Payne, Ala. | Secretary— W. T. Dunn Fort Payne, Ala.

General Supt.—W. T. Carley Fort Payne, Ala.

PRINCIPAL OFFICE AND ADDRESS Fort Payne, Ala.

FORT SMITH, PARIS AND DARDANELLE RAILWAY COMPANY.

Line of Road Projected. — Fort Smith, Ark., to Dardanelle, Ark 76.0 miles.

Completed : Fort Smith, Ark. , South 5.1 miles.

Gauge, 4 ft. 8* in. Rail (steel), 56 Ibs.

History. — Chartered April 2, 1887 ; road completed as above in 1888. Application was
made for the appointment of a receiver on July 31, 1891.

Financial Statement.— Capital stock authorized, $1,500,000 ; subscribed, $90,000 ; paid
in, $4,500. Cost of road, $60.000. No bonds is.-ued.

Directors.— L. L. Bush, H. W. Bush, J. W. Bush, P. D. Peters, John W. North, Wil-
liam M. Cravens, J. H. Cornell, Thomas Bowles.

H. W. BUSH, President Neosho, Mo.

Thomas Bowles, Vice- President Fort Smith, Ark.

Secretary and Supt. -P. D. Peters .Neosho, Mo. | Treasurer— J. W. Bush Neosho, Mo.

PEINCIPAL OFFICE AND ADDRESS Fort Smith, Ark.

FORT WORTH AND DENVER CITY RAILWAY COMPANY.

Line of Road.— Fort Worth, Tex., to Texas State Line ) .~± fi1

New Hodge Branch : Old Hodge June, to New Hodge, Tex j"

Pan Handle Branch : Washburn, Tex., to Pan Handle Junction 14.54

Trackage : Southern Kansas Ry. : Pan Handle Jc. to Pan Handle, Tex. 1.46—471.61 miles.
Sidings, etc., 47.79 miles. Gauge, 4 ft. 84 in. Kail (steel, 516.74 miles), 56 Ibs.

History. —Chartered May 26, 1873 ; road opened throughout, January 26, 1888 as shown
in MANUAL for 1891. This road forms a link in the Texas Pan Handle Route, between Den-
ver, Col., and Fort Worth, Tex., 803 miles. (See statement for Union Pacific, Denver and
Oulf RR. Co.)

The stock of the Pan Handle RR. is owned, and its bonds ($225,000 5 per cent. 1st mort-
gage bonds, due July 1, 1929, interest payable January aud July, in Boston), except $7,000,
are held by the trustee of the Union Pacific, Denver and Gulf consolidated mortgage.
16

242 POOR'S MANUAL OF RAILROADS.

Rolling; Stock, June 80, 1891. — Locomotive engines, 35. Cars — passenger, 14; baggage,
mail, and express, 9 ; freight (box, 2~4 ; flat, 92 ; stock, 343 ; coal, 372 ; caboose, 27), 1,058 ;
other, 8— total cars, 1,089.

Operations for year ending June 30, 1891. — Train mileage — passenger, 413.180 ; freight,
1,057,930; other, 6,260— total, 1,477,370 miles. Passengers carried, 191,618; carried one
mile, 17,779,969 ; average mile rate, 2.52 cents. Tons freight moved, 495,832 ; moved one
mile, 106,077,619 ; average ton-mile rate, 1.24 cents.

Earnings.— Passenger ^ $448,637 32 j Expenses.— Transportation $706 671 4?

Freight . , . . 1 ,313,912 56 Motive Power and Car- 207,851 94

Mail and Express 150,505 60

Miscellaneous 75,2^1 13

Total ($4,226.69 per mile) $1,988,276 61

Maintenance of Way 215,113 42

Miscellaneous 130,440 18

Total ($2,678.68 per mi;e» $1,260,077 01

Net earnings (36.62 per cent.), $728,199.60. Payments : Interest on bonds, $497,030;
taxes, $42,952.11 ; renewals of cross-ties, $23,037— total, . $563,019.11. Balance, surplus,
$165,180.49; surplus from last year, $138,348.03— total surplus, June 30, 1891, $303,528.52.

General Balance Sheet, June 30, 1891.

Cost of Road $17,435,035 89 I Capital Stock (par, $100) $9,375,000 00

Raal Estate 8,026 55 Funded Debt Outstanding 8,336,00000

Stocks and Bonds Owned 643,000 00 j Current Accounts 264,372 73

Materials and Fuel 29,604 59 | Coupons Due July 1, 1891 252,380 00

Bills Receivable 29,213 97 Interest Accrued, not Due 42,481 63

Current Accounts 392,440 78 j Profit.and Loss 303,528 52

Cash on Hand 36,441 10

Total Assets $18,573,762 88 Total Liabilities $18,573,762 88

Funded debt outstanding June 30, 1891, consisted of —

1st mtge. 6 per cent. 40-year $1,000 coupon bonds, due December 1, 1921, interest June and December. . .$8,176,000
Equip. 5 per cent. 10-year $1,000 coupon bonds, due March 1, 1899, interest March and September 160,000

The first mortgage bonds are issued at the rate of $25,000 per mile on the first 110 miles,
and $16,000 per mile on the rest of the road. Of these bonds $8,176,000 have been issued,
of which $123,000 are owned by the company, leaving $7,963,000 outstanding as above.
After December 28, 1886, the limit fixed for all roads to be built is $18,000 per mile. Trus-
tee of bonds and registrar of stock, Mercantile Trust Co., New York, N. Y. Interest payable
at the office of the trustee.

Annual meeting, second Tuesday in March, at Fort Worth, Tex. ; books close sixty days
previously and stock owned then may be voted. Stock and bonds listed on New York Stock
Exchange.

Directors (elected March, 1892).— Morgan Jones, J. P. Smith, E. W. Taylor, J. M.
Brown, G. P. Meade, Fort Worth, Tex. ; Fred. L. Ames, Boston, Mass.; G. M. Dodge,
Sidney Dillon, New York, N. Y. ; W. T. Walters, Baltimore, Md.

MORGAN JONES, President Fort Worth, Tex.

G. M. Dodge, 1st Vice- President New York, N. Y.

S. H. H. Clark, 2d Vice- President St. Louis, Mo.

Treasurer— 3 . G. Jones Fort Worth, Tex. ,sVr/W^/-// and Auditor— W. A. Ross. . . .Fort Worth, Tex.

Transfer Agent— James G. Harris Boston. Mass. Asst. Transfer Ar/t.—E. Canfield New York. N. Y.

PRINCIPAL OFFICE AND ADDRESS Fort Worth, Tex.

New York Office 195 Broadway, New York, N. Y.

FORT WORTH AND NEW ORLEANS RAILROAD COMPANY.

Line of Road.— Waxahachie, Tex., to Fort Worth, Tex 40.05 miles.

Sidings, 3.05 miles. . Gauge, 4 ft. 8£ in. Kail (steel), 62 Ibs.

History.— Organized June 8, 1885 ; road opened July 15, 1886. The railroad, but not

POOR'S MANUAL OF RAILROADS.

\

the rolling stock, is leased to the receiver of the Houston and Texas Central Ry., at a rental
of 40 per cent, of gross earnings.

Rollins Stock, June 30, 1891.— Freight cars (box, 25 ; stock, 11 ; flat, 20), 56.

Operations for year ending June 30, 1891.— Train mileage— passenger, 37,490 ; freight,
28,050 ; mixed, 25.200 ; other, 31,050— total, 121, 790 miles. Passengers carried, 40,996 ; car-
ried one mile. 1,016,444. Tons freight moved, 107.672. Earnings — passenger, $30,117.36 ;
freight, $88,991.09 ; mail, $2,103 ; express, $2,400 ; other, $291.20— total, $123,902.65. Oper-
ating expenses, $129,051.55. Deficit, $5,148.90.

Lessor's Income Account, year ending June 30, 1891.— Rental received, $54,406.44; car
rents, $2,886.52 ; other income, $10.26— total, $57,303.22. Payments : Interest on bonds,
$42,540; salaries and organization expenses, $1,019.11 ; taxes, $3,479.93; permanent im-
provements, $37,738.66 ; other, $17,725— total, $102>502.70. Deficit, $45,199.48. Surplus
forward, $26,024.93. Net deficit, $19.174.55.

Financial Statement, June 30, 1891.— Capital stock, $300,000: funded debt, 1st mort-
gage 6 per cent. 40-year bonds, due December 1, 1925, interest June and December, $709,-
000; matured coupons, $212,700 — total, §1,221,700. Contra: Cost of road and equipment,
$1,155,440.93; current accounts, $8,931.70; cash, $38.152.82 ; profit and loss, $19,174.55.

Directors.— Charles Dillingham, E. W. Cave, D. Ripley, Houston, Tex.; Frank H. Davis,
E. H. Pardee, New York. N. T.; Hans Helland, Waxahachie, Tex.; L. A. Duffan, Ennis, Tex.

CHARLES DILLINGHAM, President Houston, Tex.

Vice-Prtsidftit— Hans Helland Waxahachie, Tex. j Sec. and Treat.— I*. W. Wheless Waxahachie, Tex.

PRINCIPAL OFFICE AND ADDRESS Waxahachie, Tex.

FORT WORTH AND RIO GRANDE RAILWAY COMPANY.

Main Line of Road.— Fort Worth, Tex., to Brown wood, Tex 143.67

Branch : Main Line to M. K. & T. Crossing 2.49—146.16 miles.

1 Sidings, 10.10 miles. Gauge, 4 ft. 8| in. Rail (steel), 56 Ibs.

History. — Chartered in May, 1885, and road completed as above in 1891. Projected to
run to Kerrville, 300 miles from Fort Worth. (See MANUAL for 1891.)

Rolling Stock, December 31, 1891. — Locomotive engines, 10. Cars — passenger. 6 ; bag-
gage, etc., 3 : freight (box, 30 ; flat, 55 ; stock, 10 ; caboose, 2), 97— total cars, 106.

Operations for rear ending December 31, 1891, (average 130.75 miles). — Train mileage —
, passenger, 79,047 ; freight, 95,458 ; other, 7,514— total, 182,019 miles. Passengers carried,
I 60,307; carried one mile, 2,595,714. Tons freight moved. 75,108 ; moved one mile, 5,247,231.
! Earnings— passenger, $84.934.35; freight, $226,956.95; mail, $4,702.21 ; express, $4,217.30;
! other, $9,263.97— total, 330,074.78. Expenses— transportation, $103,465 21 ; motive power,
$10,842.21 ; maintenance of cars, $7,106.38 ; way and buildings, $40,893.32 ; general, $36,-
: 888.32— total, $199,195.44. Net earnings, $130,879.34. Paid interest on bonds, $127,593.04;
ion debt, $10,491.34; betterments and equipment, $48,851.69— total, $186,936.07. Deficit,
. $56,056.73 ; deficit forward, $75,580.45— total, $131,637.18.

Financial Statement, December 31, 1891.— Capital stock (authorized, $3,500,000 ; par,
$100>, $2,923,300; funded debt (authorized, $20,000 per mile), 1st mortgage 5 per cent.
^ 40-year $1.000 gold bonds, due July 1, 1928, interest payable January and July, $2,923,300 ;
i current accounts, $32,650.47; bills payable, $142,691.36— total, $6,021,941.83. Contra : Cost
lof road and property, $5,846,600; materials and fuel, $18,702.11 ; current accounts, $15,-
,604.30 ; cash, $9,398.24 : profit and loss, $131,637.18— total, $6,021,941.83.

Bonds are coupon, but may be registered as to principal. Interest and principal payable
in New York City. These bonds are a first lien and cover all the company's property in the
State of Texas, now acquired or constructed, or that may hereafter be acquired or con-
structed. Trustee of bonds, Central Trust Co., New York City. Bonds listed on the New
York Stock Exchange. Annual meeting, in April, at Fort Worth, Tex. Registrar of stock,
Hanover National Bank, New York, N. Y.

POORS MANUAL OF RAILROADS.

•' Directors (elected April 7, 1891).— H. B. Hollins, Jno. S. Ellis, C. M. Wicker, New
York, N. Y.; John Hornby, Richard Lord, E. W. Taylor, B. B. Paddock, W. F. Lake, A. K.
Dixon, Fort Worth, Tex.

JOHN HORNBY, President Fort Worth, Tex.

C. M. Wicker, Vice- President New York, N. Y.

Secretary— Richard Lord Fort Worth, Tex. | Treasurer— J. Van Rensselaer Fort Worth, Tex.

Auditor— A. K. Dixon Fort Worth, Tex.

PRINCIPAL, OFFICE AND ADDRESS Fort Worth, Tex.

Transfer Agency H. B. Hollins & Co., 18 Wall St., New York, N. Y.

FRANKFORT AND SOUTHEASTERN RAILROAD COMPANY.

Line of Road. — Frankfort, Mich., to a point near Thompson ville, Mich 22.50 miles.

Trackage : T., A. A. & N. M. Ry.: Point near Thompsonville to Copemish, Mich. 2.20 miles.

Total length of railroad operated 24.70 miles.

Sidings, 2.25 miles. Gauge, 4 ft. 8| in. Rail (steel, 24.75 miles), 56 Ibs.

History. — Chartered December 2, 1885 ; road opened November 25, 1889.

Rolling Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 2 ; freight
(box, 3 ; platform, 37), 40 ; other, 1— total cars,*43.

Operations for year ending June 30, 1891. — Train mileage — passenger, 17,000 ; freight,
13,000 ; mixed, 15,000— total, 45,000 mile&. Passengers carried, 33,082; carried one mile, 418,-
765. Tons freight moved, 46;067 ; moved one mile, 657,778. Earnings— passenger, $11,031.08 ;
freight, $ 19,340.93 ; mail, $1,068.76; express, $187.24; other, $401.75— total, $32,029.76.
Expenses — transportation, $10,218.24; maintenance of equipment, $572.73; way and build-
ings, $4,041.46; general, $4,396.65— total, $19,229.08. Net earnings, $12,800.68. Interest
accrued, $14,640; taxes accrued, $640.59; permanent improvements, $789.32— total, $16,-
069.91. Deficit, $3,269.23. Surplus forward, $483.05 ; permanent improvements charged
against income, $1,065.95— total, $1,549. Net deficit, $1,720.23.

Financial Statement, June 30, 1891.— Capital stock ($100,000 authorized ; $100 shares),
$57,100; funded debt $235,000 1st mortgage 6 percent. 30-year $1,000 gold coupon bonds, due
July 1, 1919, interest payable January and July ; and $18,000 1st mortgage 6 per cent. $1,000
gold coupon bonds, dated September, 1890, due 1919, interest payable January and July), $253,-
000; -current accounts, $3,352.98; interest accrued, $7,590; taxes, $321.72— total, $321,314.70.
Contra: Cost of road, $272,403; equipment, $38,762.95; bills receivable, $200; current ac-
counts, $1,127.11 ; cash, $7,151.41; profit and loss, $1,720.23— total, $321,364.70.

Annual meeting, first Wednesday in June, at Frankfort, Mich. Trustees of bonds, Henry
Day and Albert C. Hall, New York, N. Y. Registrar of stock, the Secretary. Interest pay-
able in New York, N. Y.

Directors (elected June 3, 1891).— Henry Day, Albert C. Hall, New York, N. Y. ; B. F.
Lincoln, Lyndon, Vt. ; S. W. McCall, Boston, Mass.; D. 13. Butler, Frankfort, Mich.

HENRY DAY, President New York, N. Y.

D. B. Butler, Vice-President and Secretary Frankfort, Mich.

Treasurer— $. W. McCall Boston, Mass. | Auditor— D. M. Wegner Frankfort, Mich.

PRINCIPAL OFFICE AND ADDRESS Frankfort, Mich.

FRANKLIN AND MEGANTIC RAILROAD COMPANY.

Main Line of Road.— Strong, Me., to Kingfield, Me 15.0

Mountain Branch 1.7 — 16.7 miles.

Sidings, etc., 0.5 mile. Gauge, 2 ft. Rail (steel, 15.4 miles), 25 Ibs.

History.— Chartered July 1, 1884 ; main line opened December 10, 1884 ; branch in 1886
Rolling1 Stock. — Locomotive engines, 2. Cars — passenger, 1 ; express and mail, 1
freight, 38— total, 40.

POOR'S MANUAL OF RAILROADS. 245

Operations for year ending June 30, 1891.— Train mileage not reported. Passengers

carried. 7,117 ; carried one mile, 80,700. Tons freight moved, 7,490. Earnings— passenger,

.80 ; freight, $5,844.30 ; mail, $648.92 ; express, $389.70— total. $9,585.72. Expenses,

$10,101.84. Deficit, $516.12. Interest, $3,180 ; other charges, $1,000— total, $4,180. Deficit

«>ar, $4.696.12.

Financial Statement, June 30, 1891.— Capital stock (authorized, $50,000) paid in, $36,-
225 ; funded debt, first mortgage bonds, $50,000 ; second mortgage bonds, $3,000 ; unfunded
debt,$l 7,884. 04— total, $107,109.04. Contra : Construction, $99,821.85; equipment, $19,731.73

Interest on bonds payable at Faneuil Hall National Bank, Boston, Mass. Annual meeting
third Wednesday in November.

Directors (elected November 18. 1891).— Philip H. Stubbs, Strong, Me.; S. W. Sargent,
V. B. Mead, Boston, Mass.; A. V. Hinds, John Winter, Kingfield, Me.; W. S. Heath, Salem
Me. ; Allen Blanchard, Stratton, Me.

V. B. MEAD, President 35 N. Market St., Boston, Mass.

Clerk & Treasurer— Philip H. Stubbs Strong, Me. | SuperinUndent—F. S. Mead Boston, Mass

PRINCIPAL OFFICE AND ADDRESS Strong, Me.

FULTON COUNTY NARROW-GAUGE RAILROAD COMPANY.

Main Line of Road.— Havana, 111., to Faiiview, Dl 29.7

Leased -. Fulton County Extension Ry.: Fairview to Galesburg, 111 31.3 — 61 miles.

Sidings, 2.40 miles. Gauge, 3 feet. Kail, 35 Ibs.

History. — Chartered August 14, 1878 ; road opened November 1, 1880 ; Extension. De-
cember 1, 1880. The Extension Ry. is leased for 30 per cent, of gross earnings.

Rollinur Stflek, June oO, 1890. — Locomotive engines, 4. Cars — passenger, 2 ; baggage,
etc., 3 ; freight (box, 41 ; platform, 18; stock, 25; coal, 55), 139; service cars, 8— total
cars, 15-2.

Operations for year ending June 30, 1890 (latest reported}. — Train mileage — passenger,
38.186 ; freight, 38,186 — total, 76,372 miles. Passengers carried, 32,016 ; carried one mile^
688,800 ; average mile rate, 2 cents. Tons freight moved, 39,501 ; moved one mile, 2,409.-
561 ; average ton-mile rate, 1.80 cents. Earnings— passenger, $13,776.41 ; freight, $27,589.30 ;
mail, $2,842.96 ; express and extra baggage, $2,850.76— total ($771.46 per mile), $47,059.43.
Operating expenses ($783.69 per mile), $47,763.69.

Deficit, $1,704.26. Interest on bonds, $33,880 ; taxes, $2,589.81— total, $36,469.81.
Total deficit for year, $37,174.07. Add deficit forward, $29,979.19. Total, $67,153.26.

General Balance Sheet, June 30, 1889 (latest furnished).

Cost of Road $1,030,279 G9

Cost of Rolling Stock 84,908 34

Income 234,002 98

Interest . . . 16,940 00

Capital Stock f 636,415 77

Funded Debt Outstanding 484,000 00

Current Accounts 2,366 83

Net Traffic Balances ... 498 71

Materials and Fuel on Hand 236 12 Coupons Unpaid 33,880 00

Cash and Current Accounts 4,991 06 I Accrued Interest 238,175 OO

Profit and Loss 33,97812

Total Assets $1,395,336 31 Total Liabilities $1,395,336 31

Funded debt consists of $171,000 1st mortgage 7 per cent. 30-year bonds, due March.
1890, interest payable May and November, $313,000 1st mortgage (F. C. Ext.) 7 per cent.
30-year bonds, due July, 1912, interest payable January and July.

Annual meeting, Tuesday after second Monday in August, at Lewistown, 111.

FULTON COUNTY EXTENSION BAILWAY.-Fairview. 111., to Galesburg. 111., 31.3 miles;

1 track, 31.91 miles. Chartered February, 1881 : road opened July, 1882. Leased for 30 years from June.

°J»» to the Fulton County Narrow-gauge RR. Co., the rental beiug 30 per cent, of gross earnings. Capital stock,.

<*0,900 : funded debt, 1st mortgage 7 per cent. 30-year bonds, due July 1, 1912, interest payable May and Novem-

818,000— total, 8573.900. Cost of road, etc., £293.118. S. H. MALLORY, Prtfident ;'?. R. Crocker, Trea*-

tr ; D. J. Thayer. St-crttary, Chariton, la. CORPORATE OFFICE, Lewistown, 111

246 POOR'S MANUAL OF RAILROADS.

Directors Fulton County N. G. RR., elected August 14, 1888.
S. H. Mallory Chariton, la. I J. A. Gray Lowistown, 111.

D. J. Thayer

Henry Phelps Lewistown, 111.

Mosef Turner

A. C. Atherton

J. D. Temple
I. C. Worley.

Joseph Braden Chariton, la.

T.M.Stuart

E. A. Temple Des Moines, la.

A. Mallory Creaton, lu.

S. H. MALLOKY, President and General Manager Lewistown, 111.

Henry Phelps, Vice- President " "

Secretary— D. J. Thayer Chariton, la. | Treasurer— Y . A. Crocker Chariton, la.

Auditor— John D. Temple Lewistown. 111.

PRINCIPAL OFFICE AND ADDRESS . .Lewistown, 111.

GADSDEN AND ATTALLA UNION RAILWAY COMPANY.

Main Line of Road,— Gadsden, Ala., to Attalla, Ala 7.87

Slack Creek Falls Branch : Junction to Black Creek Falls 3.00—10.87 miles.

Gauge, 4 ft. 8£ in. Rail (steel), 40 Ibs.

History.— Chartered March 29, 1890 ; main line built in 1890 and branch in 1891.

Rolling" Stock. — Locomotive engines. 3. Cars — passenger, 4; baggage, etc., 2 ; freight,
2— total cars, 8.

Operations. — No statement of operations furnished ; road but recently opened.

Financial Statement, January 1, 1892.— Capital stock (par, $100) authorized, $200,000;
subscribed and paid in, $150,000 ; funded debt (1st mortgage 6 per cent. 20-year gold bonds,
dated October I, 1890, interest payable April and October ; authorized, $200,000), issued and
outstanding, $150,000— total t-tock and bonds, $300,000. Contra : Cost of road and equip-
ment to date, $112,000.

Interest on bonds payable at the office of the trustee, the Union Trust Co., Philadel-
phia, Pa.

Directors. — J. M. Elliott, Jr., Obal Christopher, F. W. Gilmore, Gadsden, Ala.; Charles
A. Lylerly, Chattanooga, Tenn.

J. M. ELLIOTT, JR. , President Gadsden, Ala.

Vice- President— Charles A. Lylerly. Chattanooga, Tenn. | Secretary and Supt.—M.. L. Foster Gadsden, Ala.

PRINCIPAL OFFICE AND ADDRESS Gadsden, Ala.

GALVESTON AND WESTERN RAILWAY COMPANY.

Line of Road. — Galveston, Tex., to Lafitt, Tex 13.10 miles.

City lines, 4.10 miles. Sidings, 1.5 miles. Gauges, 3 ft. and 4 ft. 8| in. Rail (steel), 56 Ibs.

History. — Road built during 1889. A third rail is laid within the city limits.

Rolling' Stock, June 30, 1891. — Locomotive engines, 1. Cars — passenger, 7 ; freight
(tiat), 27— total cars, 34. Company getting rid of narrow-gauge equipment.

Operations for year ending June 30, 1891.— Earnings — passenger, $1,335.25 ; freight,
$258.47 ; other, $16,544.04— total. $18,137.76. Operating expenses, $17,873.86. Net earn-
ings, $263.90.

Financial Statement, June 30, 1891.— Capital stock authorized, $500,000 ; paid in,
$317,000; bills payable, $25,000; current accounts, $1,566.83— total liabilities, $343,566.8?
Contra : Construction, $264,031.47 ; lands, $25,000 ; current assets, $8,339.26.

Annual meeting, first Wednesday in March, at Galveston, Tex. Books close thirty days
previously. Stock may be voted after thirty days' ownership.

Directors (elected March, 1892).— Walter Gresham, Julius Runge. J. E. Wallis.
W. L. Moody, Geo. Seeligson, H. A. Laudes, A. M. Shannon, D. B. Henderson, II. M.
Trueheart, Galveston, Tex.

WALTER GRESHAM, President Galveston, Tex.

J. E. Wallis, Vice-President

Secretary— Win. Selkirk Galveston, Tex. [ Treasurer— W. L. Moody Galveston, Tex.

General Manager— A. M. Shannon Galveston, Tex.

PRINCIPAL OFFICE AND ADDRESS Galveston, Tex.

POOB'S MANUAL OF RAILROADS. 247

GEORGE'S CREEK AND CUMBERLAND RAILROAD COMPANY.

Main Line of Road.— Jane, with Penn. RR. in Md. to New Detmold Mine, Md.21.42 miles.

: Midland to Jackson Mim- 4.85 miles.

M-ii'i.'land : Cumberland, Md., to Penn. State Line 4.56 miles.

. Branch : Louaconing to Koontz Mine 0.91 mile.

Trackage : City RR. : C'ity Junction to June. P. and C. RR 0.85 mile.

Total length of lines operated 32.59 miles.

Siding*. 8.15 miles. Gauge, 4 ft. 9 in. Rail (steel, 32 miles), 60, 67, and 70 Ibs.

Hi xtory.— Chartered December 21, 1876 ; road opened May 31, 1881. This road is owned
chiefly by the Maryland and the American Coal Companies. On June 16, 1888, the Pennsyl-
a RR. in Maryland was acquired.

Rollins: Stock.— Locomotive engines, 8. Cars — passenger, 3 ; freight (gondola, 6 ; plat-
form, 2 ; coal, 1,035), 1,043 ; other, 2— total cars, 1.048. Of the coal cars. 835 were acquired
through car trusts.

Operation*. — X . >t reported. (All information refused.)

Financial Statement, December 31, 1884 (latest fvrni*?ifd). — Capital stock (par, $50)
!<); funded debt. 1st mortgage 6 per cent. 30-year bond?, due October 1, 1909, interest
April and October, $490,000— total, representing cost of road, etc., $835,000.

Directors (elected June 14, 1890). — Jame* A. Alexander, Alex. M. White, George L.
King?land, Sidney Wiutringham, Benjamin Williamson, John E. Knapp. New York, X. Y. ;
P. Bangs, Boston, Mass.

GEORGE L. KINGSLAXD, President 55 Broad St.. Xew York, X. Y.

-.— Wm. de L. Walbridge . Xew York. N. Y. | General Manager— J. A. Millholland. Cumberland, Md
PRINCIPAL AND TRANSFER OFFICES 1 Broadway, Xew York, X. Y.

GEORGETOWN AND WESTERN RAILROAD COMPANY.

Line of Road. — Georgetown. S. C., to Lane's Depot (X. E. RR.) 36 miles.

B, 1.91 miles. Gauge, 4 ft. 9 in. Rail (steel, 37 miles), 45 and 50 Ibs. per yard.
HMorj. — Chartered June 7, 1887, as successor to the Georgetown and Lane's RR. Co..
whose property was sold under foreclosure October 5, 1886. (See MANUAL for 1891.)

Rolling1 Stock, March 1, 1892. Locomotive engines. 4. Cars — passenger (1st class, 1 ;

1), 2; freight (box, 9; platform, 34), 43 ; other, 9— total cars, 54.

Operations for year ending December 31, 1891. — Earnings — passenger, $13,093.98;
freight. $28,058.71 ; mail and express, $2,386.75 ; other. $159.06— total, $43,698.50. Operat-
ing expenses, $28,281.78. Xet earnings, $15,416.72. Payments : Interest on bonds. $10,000;
balance, $5,416.72. applied to payment of floating debt.

Financial Statement, March 1, 1892.— Capital stock (par, $50), $400,000; funded debt
(1st mortgage 5 per cent. 30-year gold coupon bonds, due 1917, interest payable May and
Norember, at Treasurer's office, 449 Broadway. Xew York), $200,000 ; equipment trust obli-
gations. $21,282.60 ; loans and bills payable, $16,387.25— total, $637,665). 85. Contra : Cost
of road and equipment, $624.703.71 ; materials, etc., $50; profit and loss, £12,916.14— total,

S5.

Annual meeting, second Tuesday in March. Trustee of bonds, E. S. Mason, Charles
Oloey. Xew York. X. Y. Registrar of stock, Charles W. Booss, Xew York. X. Y.

Directors (elected March 8. 1892).— Frederick Booss, Henry <ira>se, Leo Burger, R. B.
s, R. P. Liuderman, Charles W. Booss, C. C. Gilligan, R. H. Sayre, H. S. Holmes.

FREDERICK Booss, President 449 Broadway. Xew York, X. Y.

A'. Booss New York, X. Y. A>i<Htor—T. W. Brightman Georgetown, S. C.

PRINCIPAL OFFICE AXD ADDRESS Georgetown, S. C.

New York Office . .449 Broadwav.

248 POOR'S MANUAL OF RAILROADS.

GEORGIA, CAROLINA AND NORTHERN RAILWAY COMPANY.

Projected Line of Road. — Monroe, N. C., to Atlanta, Ga 268.0 miles,

Completed : Monroe, N. C., to Athens, Ga 199.3 miles.

Sidings, 2 miles. Gauge, 4 ft. 9 in. Kail (steel), 60 Ibs.

History. — Chartered April 17, 1887, and road opened as above during the past fiscal year.
Work is in progress on the remainder of the projected line.

Rolling* Stock, June 30, 1891. — Locomotive engines, 5. Cars — passenger, 2 ; baggage,
etc., 1 ; freight (box, 81 ; platform, 100), 181; caboose, 3— total, 187.

Operations for year ending June 30, 1891. — Train mileage— passenger, 74,305 ; freight,
78,554 ; mixed, 24,187 ; other, 25,840— total, 202,886 miles. Passengers carried, 40,111 ;
carried one mile, 807,496 ; average mile rate, 2.87 cents. Freight traffic not reported. Earn-
ings—passenger, $23,214.73; freight, $71,058.96; express, $362.77; mail, $2,514.77; other.
$4,798.51 — total, $102,549.74. Operating expenses — transportation, $53,749.34 ; maintenance
of equipment, $4,440.55; maintenance of way, etc., $52,174.58 ; general, $12,059.03— total,
$122,423.50. Deficit, $19,873.76.

Financial Statement.— Capital stock ($1,000,000 authorized), $522,776.58 ; funded debt,
1st mortgage 5 percent. 40-year $1,000 gold coupon bonds, due July 1, 1929, interest pay-
able January and July, at the office of the trustee, the Mercantile Trust and Safe Deposit
Company, Baltimore, Md., and in New York at the office of the Mercantile Trust Co.,
$5,360.000; bills payable, $395,000; interest, $189,979.76— total, $6,467,756.34. Contra:
Cost of road, $4.187,309.03 ; rolling stock, $134,715.38; securities owned, $10,000 ; current
accounts, $1,085,479.89 ; cash, $1,050,252.04— total, $6,467,756.34.

The bonds are guaranteed, principal and interest, by the Seaboard and Roanoke and
the Raleigh and Gaston RR. Cos., jointly and severally, and the guarantee is indorsed on
each bond. Trustee, Mercantile Trust and Safe Deposit Company, Baltimore, Md. The
bonds cannot be redeemed before maturity. Listed on the Baltimore and London Stock
Exchanges. The capital stock of the company is owned by the Seaboard and Roanoke and
the Raleigh and Gaston RR. Cos.

Annual meeting, second Tuesday in November, at Athens, Ga. ; books close thirty days
previously. Voting power attaches to stock after thirty days' ownership. Registrar of
stocks, A. L. Hull, Athens, Ga.

Directors. — R. F. Hoke, Raleigh, N. C.; Jno. M. Robinson, Louis McLane, R. C. Hoff-
man, Baltimore, Md. ; W. G. Childn, Columbia, S. C. ; L. W. Perrin, Abbeville, S. C. ; C.
A. C. Waller, Greenwood, S. C. ; W. A. Shards, Clinton, S. C. ; A. H. Hodgson, Athens, (Ja. :
Hoke Smith, R. J. Lowry, C. A. Collier, Atlanta, Ga. ; Rufus Tucker, Raleigh, X. C.

R. F. HOKE, President Athens, Ga.

R. C. Hoffman, Vice-President Baltimore, Md.

Treasurer and Sec.— A. L. Hull Athens, Ga. | General Manager— John C. Winder Rak-iiri;.

PRINCIPAL OFFICE AND ADDRESS Athens. Ga.

GEORGIA MIDLAND AND GULF RAILROAD COMPANY.

Line of Road.— Columbus, Ga., to McDonough, Ga 99.60 miles.

Sidings, 5 miles. Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs.

History.— Chartered September 29, 1885 ; road completed as above in September, 1887.
An extension from McDonough, Ga., to Athens, Ga., 28 miles is contemplated. The Colum-
bus Southern RR., formerly operated by this company, is now operated independently.
GENERAL INDEX.)

Rolling Stock, June 30, 1891.— Locomotive engines, 8. Cars— passenger, 7; bag
mail, and express, 3 ; freight (box, 150 ; platform, 80 ; coal, 10 ; caboose, 5), 245— total cars,
255. Of this equipment, 1 locomotive, 1 baggage, etc., 110 box and 10 platform cars were
acquired through car trust.

POOR'S MANUAL OF RAILROADS. 249

Operations for year ending June 30, 1891. — Train mileage— passenger, 116,800 ; freight,
80,839 ; other. ").:{(M— lotal, 203,024 miles. Passengers carried, 100,401 ; carried one mile,
2,6;)0,672 ; average mile rate, 2.94 cents. Tons freight moved, 100,213 ; moved one mile,
9,580,o6'2 ; average ton-mile rate, 1.34 cents.

er $77,544 05 | Expenses.— Transportation $67,334 83

Freight 128,421 20

Mail 4,170 25

Expres- 2,086 97

Motive Power and Cars 13,534 50

Maintenance Way & Buildings. 30,044 18
General... ~>1.590 01

Total ^-J. 130.75 per mile) S21-222 47 Total ($1,329.95 per mile) $132,468 52

Xet earnings (37.58 per cent.), $79,758.95. Payments : Interest on bonds, $89,460 ;
*3, 324. 03— total, $92,784.03. Deficit, $13,025.08. Deficit forward, $103,013.40— total
deficit as per general balance sheet, $116,038.48.

General Balance Sheet, July 1, 1891.

Cost of Road $2,655,062 92 j Capital Stock (par, $100) $1,245,000 00

Rolling Stock 204,853 84 , 1st Mortgage 6 per cent. Bonds 1,494,00000

als and Fuel 1,805 85 ! Debenture Bonds. 6 p. c. 10-yr. Xon-Cum . 104.500 00

Current Accounts 10.381 90 Bills Payable 5,000 00

>uHand. 1,860 35 j Current Accounts 6,817 80

Profit and Loss 116,03848 Special Loan 80,78472

i Car Trust Notes. . . 53,900 82

Total Assets $2,990,003 34

Total Liabilities $2,990,003

The first mortgage 6 per cent. 40-year gold coupon bonds are due July 1, 1926, interest
payable January and July, at Columbus, Ga., or at the office of the trustee, the Central Trust
Co., Xew York, X. Y. ; authorized at the rate of $15,000 per mile. The debenture 6 per
cent, bonds were issued in 1889, and mature in 1899 ; authorized amount, $150,000. Cash
to pay coupons on the first mortgage bonds to July 1, 1891, was deposited with the trustee,
and does not appear in above balance sheet. Capital stock authorized (par, $100), $2,000,-
000. Registrar of stock, Central Trust Co.. New York City.

Annual meeting, first Thursday in October, at Columbus, Ga. ; books close twenty days
previously.

Directors (elected October, 1891).— J. E. Granniss, E. R. Lancaster, Xew York, N. Y.;
J. \V. Alexander, McDonough, Ga. ; Seaton Grantland, Griffin, Ga. ; Charles L. Davis, Warm
Springs, Ga. : J. F. Flournoy, A. Illger, T. M. Foley, T. J. Pearce, Columbus, Ga.

JAMES E. GRANNISS, President 7 Xassau St., Xew York, N. Y.

John F. Flournoy, Vice President Columbus, Ga.

General Manager— G. Gunby Jordan Columbus. Ga. | Secretary and Treas.—T. C. S. Howard. Columbus, Ga.

PRINCIPAL OFFICE AND ADDRESS Columbus, Ga.

GEORGIA RAILROAD AND BANKING COMPANY.

Main Line of Road. — Augusta. Ga., to Atlanta, Ga 171.0

Macon <md A vgusta RR. : Camak to Macon, Ga 74.0

• is Branch : Union Point to Athens 40.0

Washington Brunei : Barnett to Washington 17.7

Trackage : Central RR. : Macon Branch Junction to Macon 4.0 — 306.7 miles.

j Sidings, etc., 59.67 miles. Gauge, 4 ft. 9 in. Rail (steel, miles). 56 and 65 Ibs.

History.— Chartered December 18, 1835. Road completed in 1845. Purchased the
Macon and Augusta in 1872. Leased for 99 years, April 1, 1881, to William M. Wadley and
associates, for the Central of Georgia and Louisville and Xashville Companies, at an annual
rental of $600,000. (See MANUAL for 1888, page 589.)

The company owns one-half interest in the Western Railway of Alabama, one-fifth in
i the Port Royal and Augusta Railroad, and -fife in the Atlanta and West Point RR.

Rolling Stock, June 30, 1891. — Locomotive engines, 51. Cars — passenger, 35 ; sleeping

250

POOR'S MANUAL — GEORGIA RAILROAD AND BANKING CO.

7 ; baggage, mail, etc., 16 ; combination, 4 ; freight (box, 062 ; flat, 126 ; barrel, 3 ; stock. 19 ;
coal, 142), 952 ; cab, 30 ; shanty, 25 ; pay, 1 ; commissary, 1 ; derrick, 1— total cars. 1.072.

Operations for year ending J'ine 30, 1891 (lessee's accounts). — Train mileage — passenger,
605,055; freight, 857,245; other, 294,303— total, 1,756,603 miles. Tons freight moved,
669,784 ; moved one mile, 90,370,108 ; average ton-mile rate, 1.49 cents. Earnings —
passenger, $542,890.83 ; freight, mail, and express, $1,348,388— total ($6,160.52 per mile),
$1,891,278.94. Operating expenses — transportation, $332,607.08 ; motive power, $404,-
986.75; maintenance of way, $273,180.77; of cars, $162,259.77; taxes, etc., $60,183.70—
total ($4,017 per mile), $1,233,218.07. Net earnings (34.79 per cent.) $H58,060.87. Add
interest and dividends, $60,618. Net income, $718,678.87. Rental, $600,000. Surplus for
year, $118,678.87. Deficit forward, $484,479.47 ; net deficit as per general balance sheet,
$365,800.60.

Statement of operations of the Georgia RR. for live years ending March 31, 1884-88, and
three years ending June 30, 1891 :

1884 1885 1886

1887

1888

1889

1890

1891

Train Mileage ....

1,309,760

1,324,247

846,702

1,374,638

1,286,485
820,240

1,328,289

1,322,818
861,502

1,413,913

'1,367,733
903,836

1,464,753

1,514,272
957,645

1,563,196

$

1,577,391
1,062,484

1,608,128

1,683,636
1,178,771

504,865
61,176

l,756,60a

1.891,279-
1,833,218

Gross Earnings . . .

Operating Expenses . .

Net Earnings

477.545
114,682

466,245
92,268

461,316
77,268

463,897
54,768

556,627
57,747

514,907
56,005

658.061

6o;ei8

Dividends, etc., Received . .
Net Income ..

592,227
600,000
14,226
def. 21,999
'4.313 51
2,757 99
1,555,52
63.94 p. c.

558,513
600,000
90,954
(if. 132,441
4,190 50
2.«71 79
1,518 71
63.76 p. c.

538,584
600,000

518,665
600,000

614,374
600,000

570,912
600,000

566,041
600,000

def. 33,959
'5,484 16
3,839 65
1,644 51
70.01 p. c.

718.679
600,000

Rental Paid by Lessee

Other Payments

Balance Surplus

def. 61.416
'4,313 07
2,808 94
1,504 13
65.13 p. c.

def. 81,335
'4,459 52
2,946 97
1,512 55
66.08 p. c.

14.374
4,932 48
3,119 37
1,813 11
63.24 p. c.

def. 29,088
'5,138 08
3,460 86
1,677 22
67.36 p. c.

118,679
6,160 52
4,017 00
X',143 52:
65.21 p. c.

Gross Earnings per Mile . . .
Operating Expenses p. Mile
Net Earnings per Mile
Expenses to Earnings

General Balance Sheet (Lessee's] June 30, 1891 .

Materials and Fuel on Hand $107,027 35

Car Trust Account 27,143 00

Athens Extension 131.737 59

G., J. & S. RR. Stock 3,a33 34

Agents1 Deposits Invested 20,900 00

Advanced for G., J. & So. RR 235,771 63

Current Accounts 92,745 92

Cash in Bank 28,644 56

Profit and Loss. . . . 365,800 60

Lessee General Account

Current Accounts

Agent's Deposits

Annual Inventory

Rental Accrued, April, May, and June. 1891
Notes in Bank. . .

$600,976 47
107,057 17

20,900 00
107,027 35*
150,000 00

27.143 00

Total Liabilities. . .

Total Assets $1,013,10399

Company'' s General Balance Sheet, March 31, 1891.

....$1,013.103 99

Road and Outfit $4,200,000 00

Real Estate and Banking House 36,046 43

Stocks, Bonds, and Investments 3,356,800 00

Cash in Bank 329,445 11

Accrued Dividends 462,00000

Interest on Bonds 148,000 00

Taxes and Sundry Expenses 25,447 76

Old Claims, etc 3,58288

Capital Stock $4.200,000 00

Profit and Loss 1 ,lf>v

Five and Six per cent. Bonds 2.5i '»•

Bond Interest Accrued Unpaid s -

Dividends Unpaid ?,'.•

Rent of Road 60t >

Interest and Other Rents

Dividends from Bank. . :.o.iMH) IKI

Total Assets $8,561,32218 Total Liabilities «s.r,iii.:5-K 1*

The stocks and bonds held by the company are as follows : Certificates of indebtc
Atlanta and West Point RR. Co., $440,900; 4,409 shares A. & W. Pt. RR. Co.', $440,900;
P. R. & A. Ry. Co., bonds and stock, valued at $200,000; 15,000 shares Western Ry. of
Alabama, valued at $900,000 ; Macon and Augusta RR. (cost), $1,230,000 ; 31 Walton RR.
Co. bonds ($1,000 each), $31,000 ; 84 Union Point and White Plains RR. Co. bonds, $84,000 ;
and 150 shares Georgia RR. & Banking Co. stock, $30,000.

Dividends. — The first dividend payment was made in November, 1836, and from then till

POOR'S MANUAL — GEORGIA RAILROAD AND BANKING CO.

251

the close of the fiscal year ending March 31, 1890, the company made 107 cash payments,

Citing 332$ percent. During the year ending March 21, 1891. four cash dividends of "2$

nt. each were paid, making the total to date 111 payments, aggregating 343£ per cent.

This does not include dividends 40 to 45 inclusive, which were paid in Confederate money

during the war. In 1849 a stock dividend of 75 per cent, was paid, wtockholders paying 20

per cent, in cash. Dividends are payable quarterly, on the loth days of January, April, July,

and October, books closing from the 1st to the 14th days of such months.

Statement of the income and capital account* of the Georgia RR. and Banking Co. for
eight years ending March 31 :

1884

1885

1886

1887

1888

1889

1890 1891

Lease Rental

600,000
1,254

6UO.OOO
733

600,000
290

600.000
473

600.000
206

600,000
100,182

<» $ 9

600.000 600,000
100,106 50,082

Other Receipts

Net Income

601,354 600.733
21,06«: 19,064
142.592 147.3-:«0
447,596 424.279
(10>420,000 (10)420000

4,200,000 4.200,000
2,681.000 2,720,000
568,975 1,012,378
601,254 600,731
37,846 40,228

600,290! 600,473
16,500 22,458
147,534 150,000
436,256 428,015
(10)420-000 (10)420,000

4,200,000; 4,200,000
2,675,000 2,600,000
979,541 991.650
600,290 600,473
49,179| 142,742

600,206 700,182
20.958 23,107
155.000 155,000
424,248 522,075
(10)420-000(11)462,000

4,200,000' 4,200,000
2,600,000 2,600,000
1,080,820; 1,054,219
600,206 700,182
44,946 49,106

700,106 650,082
25,892 29.031
155,000 148,000
519.214 473.051
(11)462,000 (11) 462.000

4,200,000 4,200,000
2,500.000 2.500,000
1,103,779 1.162.437
700,106 650,082
48,707 48,803

Snndrv Expenses

Interest on Bonds
Balance
Dividends

Capital Stock

Funded Debt

Profit and Loss.

Income

Sundry Accounts

Total Liabilities
Road and Outfit
Real Estate &Bank.ITse.
Stocks and Bonds

8,089,075
4,800,000
43,233
2,187,8> X)
1,169,40*5
168,698
324,928

8,573,337
4,200,000
40.785
2,187,800
1,189,534
621,148
334.070

8,504,010
4,200,000
40,331
2,162,800
1,209,434
592,652
298,794

8,534,864 - 8,525,972 8,603,507
4,200,000 4,200,000 4,200.000
40,260i 32,226 30.591
2,162,800; 2,162.800 2,042.800
1,229,209. 1,229.209 1,229,209
592,458 595,958 640,107
310,137; 305,785 460,800

8,552.592 8.561,322
4,200,aX) 4,200,000
36.046 36,046
1,926.800 1.926,800
1,430.000 1,430.000
642.892 639.031
316,854 3-29.445

Other RR. Accounts
Expenses. Interest, etc...
Cash and Cash Assets

Total Resources

8.089.075

8,573.337

8,504,010

8,534,864j 8.525,972 8.603,507

8,552,592 8,561,322

Financial Condition Banking Department, March 31, 1891. — Resource*: Overdrafts,
$2,484.01 ; loans and discounts, $1,251,002.81 ; due by banks, $479,954.23 ; cash on hand,
$194.115.49 ; safety deposit safe, $3,000 ; real estate, $48,742.86— total, $1,979,299.40. Lia-
bility* : Surplus and undivided profits, $178,890.06 ; net earnings for year, $66,429.39 ; due
to banks, x74.394.87; to State of Georgia, $45,447.79 ; to individual depositors, $1,256,243.-
97 ; bills payable, $400,000; certificates of deposit, $7,893.32— total ($2,029.299.40, les^ div-
idends to Co., $50,000), $1,979,299.40.

Funded debt consisted, March 31. 1831, of—

6 per cent. 20-year $1,000 conpon and registered debenture bonds, due July 1. 1897 $1,000.000

n per cent. 30-year $1.000 coupon and registered debenture bonds, due January 1, 1910 1,000.000

!b per cent. 40-year $1.000 coupon and registered bonds, due January 1. 1922. . * 300,000

5 per cent, bonds, due January 1, 1922, all registered. '. * 200.000

Total . . .

.$2,500.000

Interest on bonds payable January and July, at Augusta, Ga., and at American Exchange
National Bank, X. Y. Annual meeting, second Wednesday in May ; transfer books close
hirty days previously. Voting power attaches to stock after thirty days' ownership.

RAILROADS OPERATED BY THE GEORGIA RR. AND BANKING Co.

. GAINESVILLE JEFFERSON AND SOUTHERN RAILROAD.-Gainesville.Ga.. to Social

•cle, Ga.. 52 miles ; and Belmont, Ga.. to Jefferson, Ga., 13 mile*— total. e;5 miles. Gauge. 3 ft. Rail (steel, 26

) Ibs. History.— Chartered August 25. 1872 ; road opened from Gainesville to Monroe, 42 miles, and

a to Jefferson. 13 miles, March 8, 1884. On the llth of March. 1884. the lessee of the Georgia Railroad, hav-

acquired control of this line and of the Walton RR., Monroe to Social Circle, 10 miles, consolidated both com-

iie*. and now operates the line in connection with the Georgia RR. Rolling Stock. June 30. 1891.— Locomotive

3, 4 Cars— passenger. 1: combination. 2: freight (box, 26: flat, '10), 36: shanty, 1-total cars. 40.

ntng* for year ending June 30, 1891.— Passenger. $13.955.21 ; freight, mail, and express. $34.086.31— total.

Operating expenses. $37,587.08. Net earnings, $10.454.44. Interest on bonds, $24.800. Deficit. $14.-

wjo, advanced by Georgia RR. Co. Financial Statement. June 30. 1891.— Capital stock— common. ^242.687.50 •

red, $17.650-total (par, $50), $260.337.50: funded debt (1st mortgage 7 per cent. 30-year bonds, due 1911.

252

UNION POINT AND WHITE PLAINS RAILROAD.-Union Point, Ga., to White Plains,
Ga., 13 miles. Gauge. 4 ft. 8} in. Rail, Ibs. Chartered 1887 ; road opened September 23, 1889. Operated by
the Georgia RR. and Banking Co. Locomotive engines, 1. Cars (combination), 1. Freight cars furnished by the
Georgia Co. Gross Earnings for year ending June 30, 1891 — $8,323.21. Operating expenses, $7,975.77. Net
earnings, $347.44. Financial Statement, June 30, 1890 (latest furnished).— Capital stock (par, $100), $32.r>oO ;
funded debt, 1st mortgage 5 per cent, bonds, due 1920, $B4,000 ; transportation account, $83.59— total, $116,58:15'.).
Contra : Cost of road and equipment. $88,14«.13 ; profit and loss, $1, 688.36 ; due by agents, $83.59 ; construction
fund, $26,665.51 — total, $116,583.59. Annual meeting in July. Interest on bonds payable January and July, at
Augusta, Ga. JOHN C. HART, President; J. H. Kilpatrick, Vice- President, Union Point, Ga. ; A. H. Smith,
Treasurer ; R. Tappan, Secretary, White Plains, Ga. PKINCIPAL OFFICE, Union Point, Ga.

Board of Directors, Ga. ER. & B. Co., elected Nay 13, 1891.

H. H. Hickman Augusta, Ga. | Thomas W. Coskery. . .Augusta, Ga.

Stevens Thomas Athens, Ga.

George Hillyer Atlanta, Ga.

Win. M. Rees<'. . .Washington, Ga.

Joel A. Billups Madison, Ga.

Henry D. McDaniel Monroe, Ga.

N. L. Hutchins . .Lawrenceyille, Ga. j Leonard Phinizy

J. H. Alexander Augusta, Ga. William E. McCoy " "

D. N. Speer Atlanta, Ga. Boykin Wright

A. W. Calhoun. . " i James White Attic i;

R. D. Spalding Atlanta, Ga.

C. H. PHINIZY, President Augusta, Ga, | C. G. GOODIUCH, Cashier Augusta, Ga.

Board of Directors for Lessee.

-7 . \V. Green Augusta, Ga. I C. H. Phinizy Augusta. Ga. I E. P. Alexander Savannah, Ga.

,1. H.Alexander ... " " | Patrick Calhoun Atlanta, Ga. | Stevens Thomas Athens, Ga.

M. H. Smith Louisville, Ky.

Officers in charge of operations :

J. W. GREEN, Q-eneral Manager Augusta, Ga.

Treasurer— W. T. Richards Augusta, Ga- | Auditor— Carlton Hillyer Augusta. Ga.

PKINCIPAL OFFICE AND ADDRESS A ugusta, Ga.

GEORGIA SOUTHERN AND FLORIDA RAILROAD COMPANY.

Line of Road.— Macon, Ga., to Palatka, Fla 285 miles.

Sidings, etc., 12 miles. Gauge, 4 ft. 8£ in. Rail (steel), 60 Ibs.

History.— Chartered in 1885 ; road completed and opened March 1, 1890. The Macon
and Birmingham RR. is operated by this company, but accounts are kept separate.

The president of the company was appointed receiver in Ma ch, 1891, and was subse-
quently authorized to borrow money to pay July coupons. In November, 1891, the overdue
coupons were paid.

Rolling Stock, June 30, 1891. — Locomotive engines, 29. Cars— passenger, 13 ; baggage,
mail, and express, 10 ; freight (bos, 387 ; platform, 579 ; stock, 10 ; caboose, 14), 990 ; service
cars, 2— total cars, 1,015.

Operations for year ending June 30, 1891. — Train mileage — passenger, 321,200 ; freight,
300,924 ; mixed, 94,900— total, 717,024 miles. Passengers carried, 288,119 ; carried one mile,
8,398,603 ; average mile rate, 2.67 cents. Tons freight moved, 418,073 ; moved one mile, 32,-
732,119 ; average ton-mile rate, 1.45 cents.

Expenses.— Transportation $261,600 58

Motive Power and Cars 90,085 03

Maintenance Way & Buildings. 103,405 C6
General 78,27038

Total ($1,871.44 per mile) $53n.

Karn ings.— Passenger $224,16667

Freight 476,370 55

Mail and Express 40,537 72

Miscellaneous . . . 32,787 68

Total ($2,715.31 per mile) $773,862 62

Net earnings (31.08 per cent.), $240,500.97. Payments : Interest on bonds, $205.200:
taxes, etc., $18,943.21— total, $224,143.21. Surplus, $16,357.76.

Financial Statement, June 30, 1890.— Capital stock (authorized, $4,275,000 ; par, $100),
none issued ; funded debt (1st mortgage 6 per cent. 40-year $1,000 gold coupon bonds, due
January 1, 1927, interest payable January and July), $3,420,000 ; unpaid vouchers and pay
rolls, $148,514.17— total, $3,568,514.17. Contra: Cost of road, $2,618,057.44; equipment.
$801,942.56 ; materials and fuel on hand, $30,495.98 ; receiver's improvements to property,
$11,772.17 ; profit and Loss, $106,246.02— total, $3,568,514.17.

The bonds are secured by mortgage on road and equipment, and on town lots and ter-
minal facilities at Macon and Palatka, valued at $300,000. Trustee of bonds', Mercantile
Trust and Deposit Co., Baltimore, Md. Listed on the New York Stock Kxchange.

POOR'S MANUAL OF RAILROADS. 253

Directors (elected June 10, 1891).— W. B. Sparks. H. J. Laniar, Jr., R. F. Lawton, Geo.
!\ .Invert, Virgil Powers. M. Xussbaum, \V. \V. Collins, John Ingalls, W. II. Virgin,
Macon, Ga.; Robert Ober. Baltimore, Md.; A. Backer, V. Henry Rothschild, New York, N. Y.;
Waters, Reynolds, Ga.

W. B. SPARKS, President and Receiver Macon, Ga.

H. J. Lainar, Jr., Vice-President Macon, Ga.

/ dh'l Treas.— H. L Jewett Macon. -Jeff. Lane Macon, Ga.

PRINCIPAL OFFICE AND ADDRESS Macon, Ga.

GOODYEAR, NEILLSVILLE AND NORTHERN RAILWAY COMPANY.

Projected Line of Road. — Goodvear. Wis., to Xeillsville, Wis 25 miles.

( Goodyear, Wis.. to SaddleMound, Wis., 5, & brans. ,7 — 12 mile>.
Dieted andm operation : , Goodvear; Wis:, to Zeda 3 miles.

Gauge. 4 ft, 8i in. Rail (steel, 2 miles), 35 and 45 Ibs.

History. — Chartered May 24, 1889, and purchased the completed line from Goodyear to

ile Mound. 5 miles, formerly operated as a logging road by D. A. & C. A. Goodyear.

:k is in progress on the extension from Saddle Mound to Neillsville, Wis.

Rolling Stock.— Locomotive engines. 2. Cars (logging), 30.

Operations for year ending June 30, 1891. — Train mileage, passenger and freight statis-
tics not reported. Gross earnings (freight), $14,620.49. Expenses, $5.343.24. Net earnings,
I $9,277.25.

Financial Statement, June 30, 1890 (latent furnished}.— Capital stock (authorized, $200,-
000 ; par, $100), £26,044.40 : earnings, $4,933.13 ; stock account, $37,500 ; miscellaneous,
$263— total. $68,740.53. Contra : Cost of road, $30,000 ; construction, §23,332 05 ; equip,
ment, $10,314; operating expenses, $4,514.67 ; miscellaneous accounts, $579.81 — total. $68,-
740.53.

Annual meeting, first Wednesday in June, at Tomah. Wis.

Directors(elected June 7, 1891.)— D. A. Goodyear, Portage, Wis. ; C. A. Goodyear, W.
IX McPherson, X. R. Richardson, Tomah, Wis. ; Adam Gabe. Goodyear, Wis.

D. A. GOODYEAR, President Portage, Wis.

>\ and T> (a.<.—C. A. Goodyear Tomah, Wi8. | Secretary— X. R. Richardson Tomah. Wi<

PRINCIPAL OFFICE AND ADDRESS .Tomah, Wis.

GRAFTON AND GREENBRIER RAILROAD COMPANY.

Line of Road. — Grafton to Philippi, W. Va 24 miles.

Sidings, etc., 1 mile. Gauge, 3 ft. Rail— iron, 35 ; steel (14 miles;, 60 Ibs.

History. — Road opened in January, 1884. Work is in progress rebuilding this road with
iO-lb. steel rail and broadening the gauge to the standard ; also on an extension to Bealing-
ton. \\ . Va., to connect with the West Virginia and Pittsburgh Division of the Baltimore
and Ohio RR.

Rolling Stock.— Locomotive engines, 2. Cars — passenger. 1; baggage. mail,and express,
freight (box, 5 ; platform, 7 ; coal, 5), 17 — total cars, 19. Also, 9 sets transfer trucks.
Financial Statement. — Capital stock, $90,000 ; funded debt (1st mortgage 6 per cent.
30-year $100 coupon bonds, dated January 1, 1884, interest January and July), $120,000 ;
"ther liabilities, $24,000— total, $284,000. Contra : Cost of road. $220,000 ; equipment,
'20,000 ; real estate, etc., s5. 500— total, $245,500. The bonds are all held by the Baltimore
and Ohio RR. Co. Preliminary proceedings in foreclosure have been begun by that company

JOHN BRADSHAW, President Grafton. W. Va.

J. W. Talbot, Treasurer Philippi, W. Va.

PRINCIPAL OFFICE AND ADDRESS . . ..Grafton, W. Va.

254 POOR'S MANUAL OF EAILEOADS.

GRAFTON AND UPTON RAILROAD COMPANY.

Line of Road. — North Grafton, Mass., to Milford, Mass 16.5 miles.

Sidings, etc., 2.75 miles. Gauge, 4 ft. 84- in. Rail (steel), 50 Ibs.

History. — Successor, February, 1888, to the Grafton Centre RR. Co. Road opened to
Milford, May 17, 1890. (See MANUAL for 1891.)

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 4 ; baggage,
mail, and express, 2 ; freight (platform), 1— total cars, 7.

Operations for year ending June 30, 1891. — Train mileage — passenger, 20,352 ; freight,
5,276 ; mixed, 24,876 ; other, 2,030— total, 52,534 miles. Passengers carried, 98,718 ; carried
one mile, 789,744 ; average mile rate, 2.77 cents. Tons freight moved, 30,425 ; moved one
mile, 152,120 ; average ton-mile rate, 9.03 cents. Earnings — passenger, $21,883.79 ; freight,
$13,740.01 ; mail, $820.13 ; express, $2,065.07 ; other, $1,450.25— total, $39,959.25. Operat-
ing- expenses — transportation, $18 657.70 ; maintenance of cars and engines, $893.70 ; main-
tenance of way, $2,956.18 ; general, $2,580.75— total, $25,088.33. Net earnings, $14,870.92.
Payments : Interest on bonds, $15,000 ; taxes, $936.30— total, $15,936.30. Balance, deficit,
$1,065.38 ; surplus from last year, $4,261.44— net surplus, $3,196.06.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $250,000 ; funded debt
(1st mortgage 6 per cent. 30-year $1,000 coupon bonds, due May 1, 1919, interest payable May
and November), $250,000 ; profit and loss, $3,196.06— total, $503,196,06. Contra: Cost of
road, $449,974.31; rolling stock, $50,025.69; other property, etc., $3,196.06— total, $503, 196. 06.

Tli£ bonds are secured by mortgage of the entire property of the company, both real and
personal. Annual meeting, first Monday in November, at Boston, Mass. Interest payable at
the office of the trustee, the Boston Safe Deposit and Trust Co.

Directors (elected November 2, 1891). — Edward P. Usher, Herbert F. Allen, Horace S.
Warren, Daniel N. Gibbs. Frank W. Mon<e, Grafton, Mass. ; Albert G. Morse, Boston, Mass.;
George W. Knowlton, West Upton, Mass.; Henry B. Sprague, Lynn, Mass. ; Ezra H. Win-
chester, J. Albert Walker, Portsmouth. N. H. ; William P. Draper, Hopedale, Mass.

EDWARD P. USHER, President Grafton, Mass.

J. Albert Walker, Vice-President Portsmouth, N. H.

Sec. and Treas.— Albert G. Morse Boston, Mass. | Gen. Supt.—Fr&iik. W. Morse Grafton, Mass.

PRINCIPAL OFFICE AND ADDRESS 23 Court Street, Boston, Mass.

GRAND RAPIDS TRANSFER AND JUNCTION RAILROAD COMPANY.

Line of Road.— In City of Grand Rapids, Mich 1 mile.

Sidings, 0.11 mile. Gauge, 4 ft. 8£ in. Rail, 56 Ibs.

History.— Chartered February 22, 1882; road opened June 1, 1882. This road is
designed as a belt line to connect the different roads centering in the city of Grand Rapids,
Mich. It is controlled and operated by the Chicago and West Michigan Ry. Co.

Financial Statement, June 30, 1889 (latest furnished).— Capital stock (par, $100), $5,000.
Contra : Cost of road, $4,167.97; cash, $832.03— total, $5,000.

Annual meeting, first Tuesday in June.

Directors (elected June 5, 1888).— Franklin B. Wallin, Wm. T. Bentley, Charles Bent-
ley, William A. Hayes, Van A. Wallin, Grand Rapids, Mich.

FRANKLIN B. WALLIN, President Grand Rapids, Mich.

Vice- President— William A. Hayes. Grand Rapids, Mich. | Sec. and Treas.— Van A. Wallin.. . Grand Rapids, Mi< h.

PRINCIPAL OFFICE AND ADDRESS Grand Rapids, Mich.

GRAND TOWER AND CAPE GIRARDEAU RAILROAD COMPANY.

Line of Road.— Grand Tower, 111., to East Cape Girardeau, 111 28.80 miles.

Sidings, 2 miles. Gauge, 4 ft. 8£ in. Rail (steel), 60 Ibs.

POOR'S MANUAL OF RAILROADS. 255

History. Chartered April 4, 1889; road opened November 10, 1889. Operated by the

Grand Tower and Carbondale RR. Co. for account of owners.

Operations year ending June -30, 1891. — Train mileage — passenger, 21,170 ; freight, 2-V
35,')— total, 47,025 miles. Passengers carried, 11,434 : carried one mile, 232,621 ; average
mile rate. 2.38 cents. Tons freight moved, 102,536 ; moved one mile, 2,857,381 ; average ton-
mile rate. 0.97 cent. Earnings— passenger, $5,537.43 ; freight, $27,615.56 ; mail, $1,506.96;
express, $143.41— total, $34,803.36. Operating expenses— transportation, $14,107.67 ; main-
tenance of equipment. $5, 486.47 : way and buildings, $10,535.44; general, £2, 166.59 — total,
;.!?. Net earnings, $2,507.19. Payments : Intere.-t on bonds, $21,000 ; on debt, $315;
^4,527.17 ; deficit in transfer business, $1,240.94— total, $27,083.11. Deficit, $24,-

Fiiiiincinl Statement, June 30, 1891.— Capital stock (authorized, $500,000; par, $100),
subscribed and paid in, $350,000 ; funded debt (1st mortgage 6 per cent. 30-year $1,000 bonds,
due January 1, 1919, interest June and December), $350.000; other liabilities, $60,352.68 —

$760,352.68. Contra : Cost of road, $714,817.14 ; profit and loss, $45.535.54.
Annual meeting. March 28, at Grand Tower, III. Trustee of bonds, Farmers' Loan and
Trust Co., New York. N. Y.

Directors (elected March 28, 1891).— E. A. Hitchcock, W. O. Garrison, St. Louis, Mo. ;
iB. B. Brownley, Grand Tower, 111. ; W. W. Barr, Carbondale, 111. ; J. D. Peters, Murphys-
III.

E. A. HITCHCOCK, President St. Louis. Mo.

/— J. D. Peters Carbondale, 111. | Treasurer — O. L. Garrison St. Louis. Mo .

PRINCIPAL OFFICE AXD ADDRESS Grand Tower, 111.

GEAND TOWER AND CARBONDALE RAILROAD COMPANY.

Main Line of Road.— Grand Tower, 111., to Carboudale, 111 24.2 miles.

\Braneh: Mt. Carbon, 111., to Shafts 4 and 5 2.0 miles.

Trackage contract : St. L., A. & T. H. RR., Carbondale June.. 111., to Fredonia, 111. 6.7 miles.

Total length of road operated, June 30, 1891 32.9 miles.

,-s, 6 miles. Gauge, 4 ft. 8| in. Rail (steel), 56 and 60 Ibs.

History. — Chartered March 10, 1882, and purchased the property of the Grand Tower
Mining, Manufacturing and Transportation Co. (See MANUAL for 1888, page 449.) The
Branch line was built in 1885. The road is owned by the St. Louis Ore and Steel Company.
Rolling Stock, June 30, 1891. — Locomotive engines, 8. Cars — passenger, 4 ; freight

~) ; platform, 13 ; coal, 68 ; caboose. 1), 87; other cars, 238— total cars, 329.
Operations for year ending June 30, 1891.— Train mileage— passenger, 22,338; freight,
7,462— total, 59.800 miles. Passengers carried, 36,196 ; carried one mile, 470,645; average,
uile rate, 2.55 cents. Tons freight moved, 371,565 ; moved one mile, 5,489,352; average ton-
nile rate, 1.79 cents. Earnings— passenger, $12,033.53 ; freight, $98,155.17 ; mail, $1,304.52:
xpress, $144.77 ; other, $1,376.65— total, $113,014.64. Operating expenses— transportation.
27.704.27; maintenance of equipment, $12,318.06; of way and buildings, $14,606.50; gen-
ral, $10.564.39— total, $65,243.22. Paid interest on debt, $334.94 ; taxes, $4,940.96— total,
">. Surplus, $42,495.52; surplus forward, $18,464.51— total, $60,960.03.

General Balance Sheet, June 30, 1891.
st of Road $79,325 91 Capital Stock (par, $50) $50,000 00

' Rolling Stock 36,939 56

Property and A s>et> 1,36094

urrent Accounts 38,229 82

a*h on Hand 282 17

Total Assets $156,138 40

Bills Payable 25,651 50

Current Accounts 15,633 19

Unpaid Taxes ; 3,893 68

Profit and Loss 60,960 03

Total Liabilities $156,138 40

Annual meeting, March 28, at Grand Tower, 111.'

Directors (elected March 28, 1891).— E. A. Hitchcock, O. L. Garrison, St. Louis, Mo. ;

256

POORS MANUAL OF RAILROADS.

W. W. Barr, Carbondale, 111. ; B. B. Brownley, Grand Tower, 111. ; J. D. Peters, Murphys-
boro', 111.

E. A. HITCHCOCK, President St. Louis, Mo.

Vice-Pres. A yYeag.—O. L. Garrison. . . .St. Louis, Mo. | Secretary— Jos. D. Peters Murphysboro', 111 .

PRINCIPAL OFFICE AND ADDRESS Grand Tower, 111.

Transfer Office St. Louis, Mo.

GREAT NORTHERN RAILWAY COMPANY.

LINES LEASED.

St. Paul, Minneapolis and Manitoba Ry. (details of mileage on page 259) 2,807.64 miles.

PROPRIETARY LINES.

Eastern Ry. of Minnesota (see mileage statement on page 261) 72.39

Montana Central Ry. (see mileage statement on page 261) 192.54

Willmar and Sioux Falls Ry. : Willmar, Minn., to Sioux Falls, S. Dak. 146. 91
Duluth, Waterfn & Pacific Ry. : Watert'n, S. Dak., to Huron, S. Dak. 69.84
Minneapolis Union Ry.: University Switch to First Street, Minneap. . 2.48 — 484.16 miles.

Total length of all lines Great Northern Ry. System, June 30, 1891 3,291.80 miles,

Statement of all tracks, June 30, 1891 :

GREAT NORTHERN RY.

Main
Track.

Second
Track.

Third
Track.

Fourth
Track.

Side
Track.

Total
Track.

Leased from St. P., M. & M. Xy.
Fergus Falls Division

M.
532.70

M.

12.26

M.

8.10

M.

8 10

M.

138 50

M.

699 66

Breckenridf'e Division

571 07

14 66

76 73

662 46

Northern Division

534.10

5% 35

Dakota Division

605 59

46 41

652 00

Montana Division

564.18

56! 55

620.73

Total Great Northern Proper...

Proprietary Companies.
Eastern Ry. of Minnesota
Montana Central Ry

2,807.64

72.39
192.54

26.92

8.10

8.10

379.44

31.98
21 82

3,230.20

104.37
214 36

Willmar and Sioux Falls Ry
Dnluth, Watertown, & Pacific Ry. . .
Minneapolis Union Ry

146.91
69.84
2.48

'•'/is

:::: .

11.22
4.09
1.84

158.13
73.03
6.80

Total Proprietary Lines

484.16

2.48

70.95

557.59'

Total Great Northern System. . .

3,291.80

29.40

8.10

8.10

450.39

3,787.79

History. — Chartered September 18, 1889, as successor to the Minneapolis and St. Cloud
Ry. Co. (See MANUAL for 1891.)

The St. Paul, Minneapolis and Manitoba Railway is leased for 999 years from February1
1, 1890, this company guaranteeing dividends of 6 per cent, gold per annum on $20,000,000]
stock of the " Manitoba " Company, and the payment of both principal and interest of all its;
obligations.

Rolling- Stock, June 30, 1891.— Locomotive engines (G. N. Ry., 259 ; Mont. Central Ry.
18 ; East. Ry. of Minn., 18), 295.

Paesenger Train Cars

(246).

G. N.

Ry.

M. C.
Ry.

E. Ry.

Total.

Freight Train Cars.
(11,026).

G. N.

Ry.

M.C.

Ry-

E. Ry.

Total.

Coaches

100

6

6

112

Box

6,359

100

750

7,209

Sleeping
Colonist Sleepers

30

8

30

8

Flat and Coal
Stock

1,353
478

600
50

493

2.446

528

Parlor

3

• 3

Furniture

410

410

Dining
Passenger & Baggaee
Baggage, Mail & Exp.

6
23
53

""2
2

""4

6
29
55

Refrigerator
Express Freight
Hay

103

'"e

4
6

107

Business

3

....

3

Caboose

148

10

12

Boarding
Derrick and Tool

31
23

....

i

38

Steam Shovels

2

i

* Miscellaneous

78

....

Total

223

10

13

246

Total

8,991

761

1,274

Including 2 rotary snow ploughs, 3 pile-drivers, 1 ditching, 1 Hanger, and 71 service cars.

for* Reference.

Stock and Bond Quotations.

Complete Official Records of the Range of Quotations, by months
and years, of all leading

Railroad Stocks, Railroad Bonds,

State and other Securities,

AND THE

Securities of Industrial and Miscellaneous Corporations,

will be found in

POOR'S HAND BOOK

OF

INVESTMENT SECURITIES

EDITION FOR 1892 NOW READY.

Price, $4 per Copy, Delivered Free.

H. V. & H. W. POOR, Publishers,
70 Wall Street, NEW YORK.

%

POOK'S HAND-BOOK OF INVESTMENT SECURITIES.

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POOR'S MANUAL — GREAT NORTHERN RY. CO.

257

Operations for year ending June 30, 1891 (average, 2,796.54 miles).— See statement.

Expenses.— Transportation $1,302.051 65

Motive Power 1,628,644 65

Maint. Road and Structures. .. 1,243,001 50

Maintenance of Cars 513,669 77

General 476,586 62

Total (83.67(5. 58 per mile) $10,281,714 21 Total ($1,846.55 per mile) $5,163,954 19

Net earnings (49.78 per cent.), .$5,117,760.02.

. Passenger $1,876,96018

KivL'hi 7,628,010 71

Mail 292.22* OH

Express 126,050 39

Miscellaneous... 35S. ;

Income Account, year

Balance, July 1, 1890 $413,52884

riling for year (as above) 5,117,760 02

Interest on Bonds Owned 285,704 05

Dividends of Stocks Owned 21,036 00

Rental of Leased Lines 185,704 98

Interest raid Exchange 118,585 63

Bills Rcci'vable 198,479 78

Income from Other Sources. . . , 114,423 80

ending June 30, 1891.

Guar'd Interest on St. P.,M. &M.Ry. fids . $2,878.598 34

Guar'dDiv'dsonSt.P..M.&M.Ry.Stock. 1,200,000 00

Maiiit. of St. P., M. & M. Ry. Organization. 11,073 99

Rental, Eastern Ry. of Minnesota 18,750 00

Taxes 299,650 59

Dividends <3± per cent.) 650,00000

Balance, June 30, 1891 1,402,150 18

Total $6.455,223 10 Total $6,455,223 10

Statement of operations, etc., for seven fiscal years :

1885 1886 1887

1888

1889 1890

e*i89i

Miles of Railroad (aver.)
Passenger Train Miles. .
Freight Train Miles
Passenger* Carried ....

1,459.00
1,243,689
1,852,862
1,193,991
47,480,095
1,470,973
395.592,105

797
6.013,050
367,317

1,470.69
1,201,116
1,562.643
1,801,007
58,454.511
1.379,004
374,985.532

1.473,412

5,587.284
261,040

1,739.00
1,361,862
1.989,299
2,042,271
66,807.712
1.734,210
450,932,489

1,497,809
6,151,747
378.892

2,304.41
1,588,561
2.787.445
2.281.331
73,849.169
2,069.428
559,795,053
8
1,823.262

'46l'310

2,931.59 2,783.71
1,809,172 1.799,097
2,664,262 2.914.592
2.229.4211 2,198,428
72.711,983! 73;458.977
1,907,1011 2.324.900
407,068,580! 540,059.827
S S '
1,869,865 1,774,568
6.075.637 6,915.167
641,064 684,264

2.796.54
1,773,993
3,132,540
1,995,515
82,327,486
2,280,382
616,286,817

1,876,960
7.628,011
776,743

Passenger Miles
Freight (tons) Moved...
Freight (ton; Miles

'assenger Earnings
preighr Earnings
Dther Earnings

3ross Earnings
Operating Expenses

.
N'et Earnings...

7.776,164
3,315,719

7,321,736 8,028,448 i 9,561,905
3,658,40-J 4,099,410 5,156,065

8.586,566
4,751,476

9.373.999
4,516,774

10,281,714
5,163,954

4.4W,445
194,209

3,663,333
180,249

3.929,038
215,485

4,405,840
263,921

3,835,090
248,591

4i857,22o
274,350

5,117,760
299,651

Taxes Paid
^et Income.

4,266,236

5,329 79
2.272 59
3.057 20
2.94 c.
1.52 c.
42. 63 p. c..

3,483,084

4,978 43
2,487 54
2.490 89
2.45 c.
1.44 c.
49.82 p. c.

3,713,553

4.616 70
2.357 34
2,25936
2.24 c.
1.36C.
51. 06 p. c.

4,141,919

4,149 39
2.237 47
1,911 92
2.46c.
l.SOc
53. 92 p. c.

3,586,499

2,92898
1,62078
1,308 20
2.57c.
1.49c.
55.34 p. c.

4,582,875

3,36745
1,62257
1,74488
2.42 c.
1.28 c.
48. 18 p. c.

4,818,109

3,676 58
1,84655
1.83003
2.28 c.
1.24 c.
50. 22 p. c.

Earnings per Mile
Expenses per Mile
>et Earnings per Mile. .
vv. Rate p. Pass. p. M
11 v. Rate p. Ton p. M...
expenses to Earnings. . .

NOTE.— The operations of the W. & S. F. Ry. and D., W. & P. Ry. are included in above figures prior to 1890,
nt are excluded for 1890 and 1891.

Statement showing mileage, capital stock, bonded debt, and fixed charges of the com-
mies in which the Great Northern Ry. Co. has a proprietary interest on June 30, 1891 :

NAME OF COMPANY.

Length
of
Road.

CAPITAL STOCK.

BONDED DKBT.

Annual
Interest
Charge.

Liability
of
Great
Northern
Ry. Co.

Total.

Owned by
the Gt. No.
Ry. Co.

Total.

Owned by
the Gt. No.
Ry. Co.

.Paul. Minneapolis & Manitoba. .
illmar and Sioux Falls

Miles. ' S
2,850.76 20,000,000
146.91 1,500.000
69.84 730,000
235.14 5.000,000
72.39 5,000.000
4.96 SOO^OOO

S S

5,600> 53,129.000
1,500,000; 2,625,000
730,000 1,375,000
5.000,000! 7,500.000
5.000,000! 4,637,000
500,000) 2,700,000

2,625,000
1.375.000
1,000,000
387,000

8
2,867,175
157,500
82,500
435,000
231,850
156.500

4,067,175

iluth. Watertown & Pacific
intana Central

435,000
231,850
156,500

stern Ry. of Minnesota
nneapolis Union

Totals...

3,380.00

32,730,000

12,735,600

71.966.000

5.541, 100J 3,930,525J 4,890,525

258

POOR 8 MANUAL — GREAT NORTHERN RY. CO.

General Balance Sheet, June 20, 1891.

ASSETS.

Cost of Properties and Securities, acquired from St. P., M. & M. Ry $19,250,000 00

New Equipment 65,359 82

Additions and Improvements 698,892 75 — $20,014,252 5?

Other Properties and Securities Owned 1,670, >

Expended for Construction of Pacific Line 8,431,272 15

Interest on Bonds 387,872 00

$8,819,144 15
Expended for Construction of Other Lines 430,728 68— 9,249, -

Current Assets.

Cash in St. Paul Office 645,641 14

Cash in New York Office 1,379,582 65

Oa*h in London Office 176,199 74

Due from Agents 153,909 84

Advanced Charges 5,361 90

Due from United States Postal Department 75,430 63

Due from United States Transportation 15,662 88

Due from Other Companies and Individuals 1,531,762 00— 3,983,550 78

Material Supply 457,925 77

Total Assets $35,375,978 73

LIABILITIES.

Capital Stock (par, $100) $20,000, i;

Proceeds from Lands and Real Estate Sold $98,750 61

Proceeds from Securities Sold 731,250 00— 630,000 61 i

Current Liabilities.

Audited Vouchers Unpaid 705,257 94

Unpaid Pay Rolls 375,302 66

Interest Due Under Lease From St. P., M. & M. Ry. Co 912,198 00

Dividends Due Under Lease From St. P., M. & M. Ry. Co 382 50

Interest Accrued, not Due 202,146 67

Dividends Accrued, not Due 200,00000

Taxe*, not Due 58,011 26

Unpaid Dividends G. N. Ry. Capital Stock 1,018 75

Due to Other Companies and Individuals 88,183 88

$2,542,501 66
Construction Liabilities.

Audited Vouchers Unpaid 833,769 55

Unpaid Pay Rolls 85,030 90

Due to Other Companies and Individuals 348,447 61— 3,809, '

Oilier Liabilities.

Montana Central Ry. Current Account • 444,262 34

Eastern Ry. of Minnesota Current Account 1,19199

Northern Steamship Co 64,545 22

Climax Coal Co 373 78

Sand Coulee Coal Co 51.07060— 561,

Proceeds Pacific Extension Bonds 8,005,599 40

Interest Received From Pacific Extension Funds 346,747 88— 8,352,347 2;

St. P., M. & M. Ry. Accounts in Liquidation 153,227

Fund for Permanent Improvements and Renewals 267.

Profit and Loss 1,4

Total Liabilities $35,37

The authorized share capital is $40,000,000 — half common and half preferred. None <»
the common stock has been issued. The preferred stock was issued to Manitoba stockholder
at 50 per cent, of its face, the other 50 per cent, being paid for by transfer of all secui
owned by the Manitoba Co., amounting to over $22,000,000. Those securities were d*j
ited in trust to secure the unity of the system.

Land Department. — Report of the Minneapolis and St. Cloud Land Grant for yea:
ing June 30, 1891.— Total grant, Hinckley branch, 425,664 acres ; total grant, Wil '
branch, 51,200— total, 476,864 acres. Total acreage selected to date, 187,954.46 ; total a
age deeded to company to date, 124,712.64 acres. Total acreage sold prior to June 30, 189
54,690.33 acres. Remaining unsold, June 30, 1891, 422,173.67 acres. During the past fisc:j
year, 2,022.86 acres of land were sold for $12,553.78, being an average of $6.21 peracrj
Expenses for same period, $3,427.20. Amount of deferred payments due company, ar
bearing 7 per cent, interest, $10,719.93.

POOR'S MANUAL — GREAT NORTHERN SYSTEM.

259

Statement showing income accounts of the several companies in which the Great
Northern Ry. Co. has a proprietary interest for year ending June 30, 1891 :

Willmar A

Sioux Fulls

Ky.

Duiuth,
Watertown
& Pac. Ry.

Montana
Central
Ry.

Eastern Ry.
of
Minnesota.

Minu'apolis
Union Ry.

Northern
S. S. Co.

Sand Coulee
Coal Co.

:iinirs

338,735 39

30,440 60

1,234,48959

$
836,444 44

$

286,847 56

456,852 07

366,696 55

i|K-r Kxprn-es, Taxes..

203,199 46

43,560 43

635,671 01

576,098 81

59,067 93

346.396 66

267,379 71

irnings

135,535 93

*13,11983

598,818 58

260,34563

227,779 63

110,455 41

99,316 84

eipts

12,150 57

113,796 02

20,03220

Revenue

135,535 93

*13,11983

610,969 15

374,141 65

227,779 63

110,45541

119,349 04

157 5UO 00

82 50000

387,50000

226 712 50

156,500 00

Rentals

3,60000

79,651 20

. Total

157,500 00

82,500 00

391,100 00

306.363 70

156,500 00

-sirplus

21,964 07

*95,619 83

219,869 15

67,777 95

71,279 63

110,45541

119,349 04

* Deficit.

Annual meeting, second Thursday in October, at St. Paul, Minn. Books close about
jfteen days before annual meeting, and same period previous to dividend payments. During
ie past fiscal year this company paid three dividends, viz. : 1 per cent, each on November
I 1890. and February 1, 1891, and Ij per cent, on May 1, 1891. Dividends payable the first
iys of February, May, August, and November, at 40 Wall Street, New York City. Registrar
i stock. Central Trust Co., New York, N. Y. Preferred stock ($20,000,000) listed on the
Jew York Stock Exchange.

RAILROADS LEASED BY THE GREAT NORTHERN RY. Co.

ST. PAUL, MINNEAPOLIS AND MANITOBA RAILWAY. -Organized May 23. 1879, and
; rhased at foreclosure sale the several lines of the St. Paul and Pacific RR. (1st Div.) Co. and their northern
i ensions. (See MANUAL for 1884, page 746.) The mileage acquired by the company at its organization was 640
i es, and this was increased every year by the construction of branches and extensions, as shown in detail in
J vious issues of the MANUAL, until the length of lines equalled 2,774.67 miles on June 30, 1890. During the past
al year the company completed a branch line 31.71 miles from Grafton. N. Dak., to Cavalier, N. Dak., also a
nch 1.26 miles, forming a connection with the Gaeat Falls and Canada Ry. at Great Falls, Mont.
Statement, in detail, of the lines of the St. Paul, Minneapolis and Manitoba Ry.:

Mite.

Paul. Minn., to Barnesville, Minn 217.32

te Fair Grounds Spur, Minn 0. 64

. 63.07

Miles.

Grand Forks, No. Dak., to Boundary Line ...... 80.94

Moorhead Junction, Minn., to Halstead, Minn. . 34.09

Breck'ridge,Minn.,toLarimoreJc ,N.D.v.Pord'd 132.00

Everest to Portland Jc., No. Dak., ria Mayville. 50.44

Ripon, No. Dak., to Hope, No. Dak ........... 29.50

Crookston Junction, Minn., to M mot, No. Dak. 230.33

Park River Junction to Langdon. No. Dak ...... 73.88

Rugby Junction, No. Dak., fo Bottineau, N. D. . 38.66

Evausville. Minn., to Tintah Junction, Minn. . . 32.03

Minot. N. D., to South Side Sun River, Mont. . . 549.25
Johnstown Junction to Junction with Sand

Coulee Branch, Great Falls, Mont ............ 3.10

West Side Branch from Great Falls, Mont ...... 5.04

Great Falls, Mont., to Smelter ................. 5.33

Great Falls and Canada Ry. Connection at Great

Falls, Mont ................................ 1.26

Moorhead, Minn., to Wahpeton, No. Dak ....... 42.91

Church's Ferry, No. Dak., to St. John's, N. D. . 55.21

Carman, Minn., to Fosston. Minn ............... 44.69

North St. Cloud Branch. Minn ................. 2.53

Benson, Minn., to Watertown, So. Dak ......... 91.62

Total length of lines owned June SO, 1891 . .2,807.64
-u. .,!,. jjjtu.., lo ^avnier, JNO. U&K. ........ 31.71

i January 31, 1890, the property of this company was leased for 999 years to the Great Northern Ry. Co.,
mes all its obligations and guarantees dividends of 6 per cent, gold per annum on its stock.

i line is being extended from Eagle Bend, Minn., to Park Rapids, a distance of 54.52 miles. A con-
is being constructed, a distance of 10.54 miles, from a point on the Moorhead and Halstad branch, near
inn., to Alton, No. Dak., on the line from Fargo to Grand Forks. The company has located, and is
ictmg a line from near Fort Assinneboine, Mont., to the Padric coast on Puget Sound, a distance of
>i ?w miles. This line has been practically completed west to the summit of the Rocky Mountains. To pro-
r this extension the company has executed a mortgage to the Central Trust Co., to secure £6,000 000
-F'jng bonds. £2,000.000 of which have already been issued, and the principal and interest of which
•ed by the Great Northern Ry. Co.

from land depart-

V*eo Jc. to St. Cloud, Minn., incl. North

•r. Minn., to Milaca, Minn

d, Minn., to Hinckley, Minn

- < loud. Minn., to Sank Rapids, Minn.

SCloud, Minn., to Willmar Junction, Minn.

'..tre, Minn., to Eagle Bend, Minn . . .

: alls, Minn., to Pelican Rapids. Minn

Qlisle Junction, Minn., to Elizabeth, Minn ...

>meapolis June, to East Minneapolis. Minn ...

t Minneapolis, Minn, .to Breckenridge, Minn. 204.12

•Vinetonka North Shore Line. Minn 5.93

ivchinson June.. Minn., to Hutchinson, Minn. 53.13

mi., to Brown's Valley. Minn .4668

.'.-lion, Minn., to Ellendale No. Dak. 104.32

a June.. No. Dak., to Aberdeen, So. Dak. 64.00

ville. Minn., to St. Vincent. Minn 170 95

inceut Junction Switch to Boundary Line. . 2.62

BIN mcent Junction Switch to End of Track,

•1 Depot 2 12

11 .. to St. Hihnre', Minn .' .' .' ' .' ' ' ' .' ." .' .' .' 21 '.55

vi)Ie Jc., Minn , to Grand Forks Jc., N. D. 98 14

So. Dak., to Caviller, No. Dak. . . . 31.71

6^.43

2.14

55.80

36.44

21.65

3.52

U.70

year endin

June 30. 1891. -Rental under lease, $4,084,672.33; receipts fr
1.89. Payment*: Interest on bonds, $2,873,598.34 ; dividends

l— total, $4,891,401.89. Payment*: Interest on bonds, $2,873,598.34 ; dividends on stock (6 per
exPn8p of maintaining organization. $11,073.99 ; transferred from land department to sink-

and
uu

, $4,391,401.89.

260 POOR'S MANUAL — GBEAT NORTHEKN SYSTEM.

General Balance Sheet, Jime 30, 1891.

Road Equipment and Lands $79,041,828 52

Pacific Extension Account 9,696,969 70

Premium Paid on Bonds Redeemed 200,000 00

Cash on Hand 149,685 55

Cash in Hands of 1st Mortgage Trustees . 20,549 81

Total Assets $89,109,0*3 58

Capital Stock $20,000 >

Funded Debt 62,825.%'. i 70

Sinking Fund 1st Mortgage Bonds 4,284,531 43

Sinking Fund Consol. Mortgage Bonds. . . 72.761

iking Func
rrent Liabi

Current Liabilities 12.

Profit and Loss 1,912.

Total Liabilities $89,109,033 58

Funded debt consisted, June 30, 1891, of the following :

1st mortgage land grant sinking fund 7 per cent. 30-year gold bonds, due July 1, 1909 $4,000,i

2d mortgage 6 per cent. 30-year gold bonds, due October 1, 1909 8,000.'

1st mortgage (St. Paul and Pacific) 7 per cent. 30-year bonds, due July 1, 1892 366. c

1st mortgage (Dakota Extension, $12,000 per mile) 6 per cent, gold bonds, due November 1, 1910 5.676.'

«'paSt. }50.yea,go,d bonds, *» W I. KW. inters, ,Ta,,,,a,,. and July [- jf^,

Montana Extension 4 per cent. 50- year gold bonds, due June 1, 1937. interest June and December-.. 7'.616.'
Pacific Extension 4 per cent. 50-year gold bonds, due July 1, 1940, interest January and July '.(.696,969 70

The first mortgage St. Paul and Pacific bonds (St. Anthony to Watab) are also secured by a 2d mortgage
(now a first lien) on the line from St. Anthony to St. Paul.

The 1st mortgage sinking fund bonds are redeemable at 105 and accrued interest, from proceeds of land
sales. They are $100. $500, and $1.000 bonds, interest payable January and July, principal and interest payable
in gold in New York or in London. Trustees, John S. Kennedy. James A. Roosevelt, and Richard B. Angus. The
2d mortgage bonds are for $1,000 each, and are payable in gold in New York : interest payable April and October,
in New York. Trustees, John S. Kennedy and Samuel Thorne. The Dakota Extension bonds were issued in No-
vember, 1880, and are secured on all lines in Dakota and on the Morris and Browne's Valley and the Barnesville and
Moorehead branches in Minnesota. They are limited to an issue of $6,000,000 at the rate of $12,000 per mile of
single track. They are $1,000 gold coupon bonds, with privilege of registration, principal and interest payable in
New York ; interest payable May and November. Trustee, Central Trust Co., New York.

The consolidated mortgage bonds are limited in issue to $50,000,000, of which $19,426,000 are reserved to
retire prior liens, $574,000 were sold, $10,000,000 were issued to stockholders in the nature of a dividend at the
rate of 10 per cent, of their par value for the purpose of returning to the stockholders the net revenue which had
been diverted to the purpose of construction, and the remaining $20.000.600 were reserved to be issued only on
new road at the rate of $15,000 per miie of main track and $12,000 per mile additional for second track. Tin
$1,000 bonds, coupon and registered, with privilege for registration of coupon bonds ; principal and interest pay-
able in New York. Trustee, Central Trust Co., New York.

At various dates bonds to the aggregate amount of $2.770,000 were issued under the consolidated mo
upon new lines, making the total amount bearing 6 per cent, interest $13,344,000. Up to the close of the last fiscal
year additional bonds to the amount of $14,127,000 had been issued under this mortgage on new road, the im
on these latter bonds being at the reduced rate of 4A per cent, per annum.

The authorized issue of Montana Extension bonds is $25,000,000. of which $17,384,000 are held in resenv to
be issued only for the construction of new branches and extensions and for improvements, to an amount not
exceeding the actual cost, and limited to .$25,000 per mile. These bonds are gold, coupon ($1,000) and regi-
($1,000 and $5,000). with provision for registration of coupon certificates. Interest payable June and December,
at Company's Office or Agency, New York, N. Y. Trustee, Central Trust Company, New York.

The Pacific Extension coupon bonds are for £100, £500, and £1,000 each ; the registered bonds £1,000 each.
They are authorized at the rate of £6,000 per mile of single main track completed and equipped over that part of
the line lying in Montana, and £7,000 per mile west of Montana, with £3,000 per mile additional for second
track and £30 additional for each lineal foot of completed tunnel in the Cascade Mountains. But bonds of
£2,000,000 can be issued before, the completion of the extension. Principal and interest payable at the otl
Baring Bros. & Co.. London, Eng., or the company's agency in New York City. (See further reference to these
bonds on page 259.) Trustee, Central Trust Co. of New York.

Land l><<i>(trt»ifnt —Total grant (10 sections per mile), 3,848,000 acres, of which certified to June ,'i'
3 479 611 .36 acres. Sold to that date, 2,022,160.23 acres ; less contracts cancelled, 179,205.08 acres : leaving unsold,
1,636,656.21 acres. Sales during year ending June 30, 1891, 110,993.34 acres, for $814,092.86. an average of $7.83
per acre. There were also sold 256 town lots for $14,926.50, an average of $58.31 per lot, Cash receipts for year
ending June 30, 1891 : Cash sales and principal on new contracts. $196,559.07 ; received on former sales, $72,349.-
25 ' for trespass, stumpage. etc., $10,836.14 ; interest on sales, $74,603.34 ; on sinking fund, $2.436.87 ; principal
and interest on town lot contracts, $14,084.83— total. $370,769.50. Expenses, $64,039.94. Net receipt*, $306, 7W*
Deferred payments due company, bearing interest at 7 per cent., $1.222,720.67.

Annual meeting, second Thursday in October, in St. Paul, Minn. Books close about ten days before annual
meeting and about two weeks before dividend payments, and reopen the day after each event, Stock maybe
voted if held at the time of the closing of the books before the meeting. Interest and dividends payable
Company's Office. 40 Wall Street, New York, N. Y. Interest on Pacific Extension bonds payabN
London, Eng. Registrar of stock, Central Trust Co., New York. Stock and bonds listed on the New York and
Amsterdam (Holland) Stock Exchanges.

Directors (elected September 11, 1890).— James J. Hill, W. P. dough, M. D. Grover, St. Paul, Minn.
Mount Stephen, London, Eng.; Sir Donald A. Smith, Montreal, Can.: George Bliss, New York, N. Y.; Sa
Hill, Minneapolis, Minn. Officers: JAMES J. HIM,, President, St. Paul, Minn.; Sir D. A. Smith, Vic
Montreal Can.; W. P. Clou'gh, Second Vice-President: E. Sawyer. St-m-tari/ and Assistant Treasurer, S'
Minn.; E. T. Nichols, Tmwirer and Assistant Secretary, New York, N. Y. PRINCIPAL OFFICE, St. Paul. x.
New York Office, 40 Wall Street.

PROPRIETARY LINES OF THE GREAT NORTHERN RY. Co.

DULTJTH, WATEKTOWN AND PACIFIC HY. Wtitertown, So. Dak., to Huron, So
69 84 miles. Sidings, etc.. 4.09 miles. Gauge, 4 ft, 8.1 in. Rail (steel, 69.84 miles), 56 Ibs. Chartered Septi
30, 1885 ; road opened September 11, 1888. Controlled by the Great Northern Ry. Co., which owns the entin
stock and bonds. Rolling stock furnished by the Great Northern Ry. Co.

Operations for year ending June 30, 1891.— Train mileage— freight, 296 ; mixed, 39.675 : other, 143
40 114 miles. Passengers carried, 4.835 ; carried one mile, 154,348. Tons freight moved. 22.044 ; moved one nn!c.
911,203. Earnings-passenger, $5,392.11 : freight, $18,283.80 ; mail, $4,133.14 ; express, $2.4:Kr,l : other. S1(K)
04— total $30,440.60. Operating expenses transportation. $9,082.75 : motive power, $12.67'9. 24 : main'
cars, $2,318.31 ; of way, etc., $10,317.32 ; general, $3,677.32— total. $38,074.94. Deficit from operations.
Paid interest on bonds, $82,500 ; taxes, $5,485.49- total, $87,985.49. Deficit for year, $95.619.83. Deficit, forward
$110,440.87— total, $206,060.70.

Financial, Statement, June 30, 1891. -Capital stock (par, $100), $730.000 : funded debt (1st mor
cent 50-year $1,000 coupon bonds, due June 1. 1938. interest June and December), $1,375,000 ; current
$2% 189 19 • interest accrued, not due, $6,875— total, $2,408,064.19. Contra: Cost of road, $2,202,003.49 : pr< :

POOR'S MANUAL — GREAT NORTHERN SYSTEM. 261

and lo>- - -total, $-. t'*S06».19. Annual meeting, first Monday in January, at St. Paul, Minn. Interest

'A:;!! Mreet. New i'Otk, N. V.

" Dirx-tor* (elected Apri J. J. Hill, W. P. Clough, M. 1). Grover, E. Sawyer. E. T. Stevenson, A. L.

MohltT. \V. A. Stephens, St. Paul. Minn. Officer*: W. 1'. cluu^'h. Pi-extdrnt ; E. Sawver. s.;:rnt,iry and Twit-

\ L Mohler. i,ri,»-rnl Mnn'Ki-r. sr. Paul. Minn. GHNKHAL OFFICE, St. Paul, Minn.

[EASTERN RAILWAY" OF MINNESOTA. M r Road : Hinckley, Minn., to West

Superior. Wis.. 69.78 miles ; A"-///. Elver Branch : Sandstone to Kctrlc liiver. Minn.. 2.151 -total length of lines,
V.'.:jn miles. Sidings, etc., 81.98 miles, (ianire, 4 t'r. -v, in. Kail isteel. 104.09 miles), 75 Ibs.

ry. Or-a nixed August 13. iss7. under the charter of tin- Minneapolis and St. Ciond RR. Co. Consol-

January 10. isss. without change of name, with the Lake Superior and Southwestern Ry. Co., of Wiscon-

>in. Road opened September -23. 1888, but not put in complete operation uniil June. ls'89. The Eastern Rv. Co.

..liable docks, elevator.*, warehouses, etc., in West Superior and Duluth ; all the capital .stock and bonds

: mlnth Terminal Rv. Co.. with two miles of road and valuable right of way. giving access to the heart of

Duluth and the bay fronr. "The company ha< tra -ka^e rights over the Great Northern Ry. from Hinckley, Minn.,

to Minneapolis and Sr. Paul. 110 miles, and use of terminal facilities in those cities, under ninety year contract.

Controlled by the Great Northern Ry. Co.. which owns the entire capital stock.

Rotting Stock. June 30, 1891.— Locomotive engine^. 18. Cars — passenger, 6 ; baggage, mail, and expr-
buffet parlor. 3 ; freight (box, 756 : platform and coal. 4'.tf). 1,249 ; caboose cars, 12 : other cars, 13— total, 1.2*7.

atiow for year ending June 30, 18i>l.— Train mileage— passenger. V.is.i5.vs ; freight. 211.848 ; other. 144.5*52
— total, 555,068 miles. Passengers carried. S7.C29 : carried one mile, 5.775,916 ; average mile rate, 1.91 cents. Tons
moved, 781.590 ; moved one mile, 91,873*8^9 ; average ton-mile rate. 0.75 cent.

Enrntnirs.— Passenger §110,132 33 Kxpenses.— Transportation §203,102 50

Freight 687,528 J>4 Motive Power and Cars 166.81643

Express 5,093 7;) Roadway and Structures 129,154 22

Miscellaneous... . 33,6893s! General"... .... 56.25218

Total ($11,554.69 per mile) $836,444 44 | Total ($7,671.29 per mile) $555,325 33

Net earnings ('33.60 per cent.). §281. 119. 11. Add interest and dividends, $1,600 ; rentals, $18,750 ; elevator
•operations. $63.'067.73 ; miscellaneous, $17.548.97. Available revenue, $396.485.31. Payments: Interest on
bonds. $226.71 2.50 : interest and exchange, $1.570.68: rentals.. $79,651 .20 : taxes, .$-20.773.48— total, .$328,707.86.
Balance, surplus. $67.777.95 : deficit forward, $9.760.24— net surplus, §58.017.71.

• eral Balance Sheet, J><ne 30, 1891.

Railroad and Equipment $8.840.532 43

•' Elevators 528,419 98

: Stocks and Bonds 347,695 78

Materials and Fuel 29.169 27

Bills Receivable 28,00000

Current Accounts 47.646 57

•n Hand 12,788 18

Capital Stock (par $100) $5,000,000 00

Funded Debt . 4,637.000 00

Interest Accrued . not Due 57,962 50

Unpaid t 'oupons 4.975 00

Vouchers and Pay Rolls 68.573 69

Taxes Accrued, not Due 2,642 25

Fund for Renewals 5,081 06

Profit and Loss. . . 58.017 71

Total Assets §9,834.332 21 ; Total Liabilities $9.834.252 21

Funded df-bt consists of first division 1st mortgage 5 per cent. 20-year gold coupon (with privilege of regis-
tration) $1,000 bonds, due April 1. 11XK interest payable April and October. The mortgage under which these
bonds were issued covers the company's first division and all its terminal property in Superior or Duluth now
owned or hereafter constructed or acquired, together with all equipment, appurtenances, etc. Principal and in-

terest of bonds guaranteed by the St. P.. M. A: M. Ry. Co. Coupons pavable by Lee, Higginson & Co.. Boston, or
.at the New York Office of the Eastern Ry. Co.. No. 40 Wall Street. Trustee, Central Trust Company. New York.
E. T. Nichols, registrar of stock. 40 Wall St.. New York City. Bonds listed on the New York Stock Exchange.
Also quoted at Amsterdam. Holland. Annual meeting, second Monday in August, at St Paul. Minn.

tiir<«-forx.—\r. S. Alexander. J. J. Hill. W. P. Cloneli. M. D. Grover. E. Sawyer. St. Paul. Minn. Officers:
W. S. ALEXANDER. Pi-rxident and General Nnn-arier : M. D. Grover. T>- - /v.^/V,</ ; E. Sawyer, Secretary and
r. Sr. Paul. Minn. PRINCIPAL OFFICE, St. Paul. Minn. New York Office. 40 Wall Street.

MINNEAPOLIS UNION RAILWAY.- University Switch to First Street. Minneapolis. Minn., 2.48
mil.-; 2d track, 2.48 miles; sidings, 1.84 miles. Gauge, 4 ft. 8J- in. Rail (steel, 6.80 miles). 75 Ibs. Hl*ton/.—
Chartered December 1. 1881. and on September 1. 1884. opened its bridge across The Mississippi River. The line
form- a connection between the lines of the St. P.. M. A: M. Ry. on both sides of the river in the city of Minne-
apolis proper, and in addition to that property it operates the" Minneapolis Union and east side stations, fur-
nishing track and depot facilities to the (Treat Northern Railway : Chic.. St. P.. M. & Omaha : Northern Pacific :
Wisconsin Central ; St. Paul & Duluth : Chicago, Burlington & Northern ; Miun.,.St. Paul & Sault Ste. Marie ;
and Chicago, St. Paul & Kansas City RRs.

Income Account for year ending June 30. 1891.— Receipt* : Rentals, . $286. 070. in : interest and dividends,
$777.46 -total. $:>S6.«47. 56. Paijm*.nt*: Maintenance of way. $14.323.2S : general expenses. §44.744.65 ; interest,

••M)— total. S215.5U7.93. Surplus, $71.279.1.3. Deficit forward. 39.251.14— net surplus. $02.028.49.

Financial Statement, June 3». 1*91.— Capital stock (authorized, $1,000,000), $500,000; funded debt. $2,700,000;
current accounts. $10,659.84 : unpaid coupons, ,$78.280 : other liabilities, $36530 : profit and loss. $(52,028.49—
total, $3.351,333.53. Contra,: Cost of road. $3,201.376.18 ; materials on hand, $4,130.83 ; current accounts. §23.-
431.03: cash. $122.395.49— total. $3.851.333.53.

Thf funded drf,t ($3.000,000 authorized) consisted June 30, 1891. of six issues of first mortgage $1,000 coupon

bonds, all due July 1. 1922. as follows : $1.500.000 6 per cent, dated May 1. 18*2 : $650,000 6 per cent, dated July 1,

"i.OOO 5 per cent, dated December 6. 18S7 : -§20.000 5 per cent, dated December 15. 1SS7 : and $30.000 5 per

cent, dated January 3, 1888. Interest on all issues pavable January and July, in New York. Listed on the New

York Stock Exchange.

urcr, St. Paul. Minn. PRINTM-AT. OFFICE AND ADDRESS. St. Paul. Minn.

MONTANA CENTRAL RY.-Main Line of Road: Sun River to Helena. Mont.. 95.82 miles.

Branches : Hejena to Butte, 73.33 ; Great Falls to S*nd Coulee, 14.52 ; Silver to Marysville, 6.42 ; Red Mountain

nch at Helena, 1.60 ; Fairground branch at Helena. 0.85— total length of lines completed, June 30, 1891, 192.54

Sidings. 21.82 miles. Gaiiire, 4 ft. 8± in. Rail (steel, 213.S3 miles). 60 and 75 Ibs. The above mileage does

elude a branch from Allen, Mont., to Neihart and Barker, Mont., which is under construction, and of which

0 miles of main track and 2.23 miles of sidings were practically completed.

m*tory.- Chartered January 2', 1886. Main line opened toward the close of 1887 : the Marysville branch,
June 1888 : the Butte City branch, July 12, 1888 : and the Sand Coulee branch in July, 1888. Controlled by the
freat Northern Ry. Co., which owns the entire capital stock.

262 . POOB'S MANUAL OF RAILROADS.

Rolling Stock, June 30, 1891.— Locomotive engines, 18. Cars— passenger, 8 ; baggage, mail, and express, 2 :
freight (box, 100 ; stock, 50 ; coal and platform, 600 ; caboope, 10), 760 ; other, 1— total cars, 771.

Operations for year ending June 30, 1891 .—Train mileage— passenger, 184,301 ; freight, 206,902 ; mixed, 9,640 :
other, 91,234— total, 492,137 miles. Passengers carried, 141,157 ; carried one mile, 7,4(>5,OS7 : average mile-rate,
4.67 cents. Tons freight moved, 576,801 ; moved one mile, 37,885,647 ; average ton-mile rate, 2.21 cents.

Earnings.— Passenger $348,861 48

Freight 836,764 89

Mail 21,288 56

Express . , 16,471 87

Miscellaneous 11,102 79

Total ($6,411.60 per mile) $1,234,489 59

Expenses.— Transportation • $169,020 85

Motive Power 173,152 05

Maintenance of Cars 68,744 04

Maintenance Way & Buildings. . 134.155 £}
General 73.039 07

Total ($3,210.29 per mile) $618,110 64

Net earnings (49.93 per cent.), $616,378.95. Add interest and dividends, $25,000 ; miscellaneous, $12,150.57
—total revenue, $653,529.52. Payments : Interest on bonds, $412,500; rental of terminals at Great Falls, $3.600-
taxes, $17,560.37— total, $433,6(50 37. Surplus, $2)9,869.15. Deficit forward, $122,728.01— net surplus, $97,141.14.

General Balance Sheet, June 30, 1891.

Cost of Road and Equipment $11,743,451 42 ! Capital Stock (par, $100) $5,000.000 00

Materials and Fuel on Hand 31,731 09 Funded Debt Outstanding (see below) 7,500^000 00

Current Accounts 1,428,007 83 Current Accounts 412,498 83

Cash on Hand 14,702 76 Unpaid Coupons, due July 1, 1891 193,340 00

I Taxes not yet due

i Fund for Renewals 6.526 00

I Profit and Loss 97,14114

Total Assets $13.217,893 10 • Total Liabilities $13,217,893 10

Funded debt consists of $6,000,000 1st mortgage 6 per cent, 50-year $1,000 coupon (with registration privilege)
bonds, due July 1, 1937 ; interest January and July, in New York, N. Y., and $1,500,000 5 per cent, bonds, due
July 1, 1937, interest payable January and July.

Annual meeting, fourth Monday in July, at Helena, Mont. Trustee of bonds and registering agent, Central
Trust Co., New York, N. Y. The bonds are listed on the New York Stock Exchange.

Directors (elected July 28, 1890).— C. A. Broadwater, C. W. Cannon, W. A. Chessman, Nicholas Kessler, W. B.
Raleigh, Helena, Mont. Officers: C. A. BROADWATER, President ; C. W. Cannon, Vice- President ; E. Sawyer,
Secretary and Treasurer ; A. L. Mohler, General Manager, St. Paul, Minn. GENERAL OFFICE, St. Paul, Minn.

WILLMAR AND SIOUX FALLS RY^— Willmar. Minn., to Sioux Falls, So. Dak., 146.91 miles.
Sidings, 11.22 miles. Gauge, 4 ft. 8£ in. Rail (steel, 146.91 miles), 56 Ibs. Chartered March 3, 1886 ; road opened
November 1, 1888. Controlled by the Great Northern Ry. Co., which owns the entire stock and bonds.

Operations for year ending June 30, 1891. — Train mileage— passenger, 107,778 : freight, 111,518 ; other, 3,106
—total, 222,40-2 miles. Passengers carried, 36,204; carried one mile, 1,534,073. Tons freight moved, 172,240;
moved one mile, 16,965,275. Earnings— passenger, $52,854.72 ; freight. §268,418.43 ; mail, $6,908.74 ; express,
$6,339.40 ; other, $4.214.10— total, $338,735.39. Operating expenses— transportation, $48.663.40 ; motive power,
$69,773.89 ; maintenance of cars, $17,817.27 ; of way, etc., $45,779.84 ; general, $17,207. 62- -total, $199,242.02. Net
earnings, $139,493.37. Paid interest on bonds, $157,500; taxes, $3,9o7.44-total, $161,457.44. Deficit for year,
$21,964.07. Deficit forward, $83,409.42— total deficit, $105,373.49.

Financial Statement, June 30, 1891.— Capital stock (par, $100). $1.500,000; funded debt (1st mortgage 6 per
cent. 50-year $1,000 coupon bonds, due June 1,1938, interest payable June and December), $2,625,000; current
accounts, $289.790.77 ; interest accrued not due, $13,125- -total, $4.427,915.77. Contra ; Cost of road, $4.322,5 '.
profit and loss, $105,373.49— total, $4,427,915.77.

Annual meeting, first Monday in June, at St. Paul, Minn. Interest payable at 40 Wall Street, New York
City. Trustee of bonds, Central Trust Co., New York. N. Y.

Directors (elected October 28, 1889).— J. J. Hill, W. P. Clough, E. Sawyer, M. D. Grover, E. T. Steven-
Paul, Minn. Officers : W. P. CLOUGH. President; E. Sawyer, Secretary and Treasurer; A. L. Mohler, General
Manager, St. Paul, Minn. GENERAL OFFICE, St. Paul, Minn.

Board of Directors, Great Northern Ry. Co.

Term expires in October, 1892. j Term expires in October, 1893.

Lord Mount Stephen.. London, Eng. I James J. Hill St. Paul, Minn.

Sir Oonald A. Smith.. Montreal, Que. W. P. Clough "

George Bliss New York, N. Y. | Samuel Hill Minneapolis, Minn.

JAMES J. HILL, President St. Paul, Minn.

W. P. Clough, Vice-President St. Paul , Minn.

Treasurer and Asst. Sec.—E. Sawyer. . .St. Paul, Minn. I Comptroller— C. H. Warren St. Paul, Minn.

Sec. and Asst. Treas.—lE. T. Nichols, New York, N. Y. | General Manager— A. L. Mohler

PRINCIPAL OFFICE AND ADDRESS . St.. Paul, Minn.

Transfer Office . . . .40 Wall Street, New York, X. Y.

Term expires i/i Odoi» ,
J. Kennedy Tod... New York, N. Y.
Edward Sawyer St. Paul, Minn.

M. D. Grover

GREEN BAY, WINONA AND ST. PAUL RAILROAD COMPANY.

Main Lines of Road. — Green Bay, Wis., to Marshland, Wis 209.30

La Grouse Branch ; Onalaska to La Crosse 6.50—215.80 miles.

Leased : Green Bay, Stevens Point & N. RR. : Plover to Stevens Point 6.00 miles.

Trackage : Chicago and Northwestern Ry.; Marshland to Wiuona 4.60 mile?.

Total length of all lines operated June 30, 1891 226.40 n

Sidings, etc., 17.20 miles. Gauge, 4 ft. 8i in. Rail (steel, 128.70 miles), 50 and 56 Ibs.

History. — This company was organized October 14, 1881, by the purchasers of the <
Bay and Minnesota RR., which was sold under foreclosure January 20, 1881. Default wa*
made on first mortgage bonds February 1, 1885, and three coupons from that dat>

POOR'S MANUALS-GREEN BAY, WINONA AND ST. PAUL RR. CO.

263

funded in new 6 per cent, bonds. (See MANUAL for 1888, page 450.) The Green Bay, Ste-
vens Point and Northern RR. is practically owned by this company.

Default was again made in August, 1890, and the Farmers' Loan and Trust Co. was
appointed trustee in possession, to facilitate the carrying out of the plan of reorganization.

Kolliim Stock, June 30. 1891. — Locomotive engines, 19. Cars — passenger, 14 ; baggage,
mail, and express, 7; freight (box, 290 ; platform, 75 ; stock, 3 ; coal, 7 ; caboose, 11), 386 ;
other curs. 1:1 — total cars, 416.

Operations for year ending June 30, 1891. — Train mileage — passenger, 266,350; freight,
1 OS. o-JO ; other, 119,740 — total, 554,110 miles. Passengers carried, 147,539; carried one
mile, 3,777,311 ; average mile rate, 2.56 cents. Tons freight moved, 259,578; moved one
mile, 2(5,117,297 ; average ton-mile rate, 1.12 cents.

$96,970 30

292.813 67

'20,158 79

1,393 54

Earnings.— Passenger

Freight

Mail and Express
Miscellaneous ...

Total (SI, 816. 85 per mile) 8411.336 30

Expenses. — Transportation

Motive Power and Cars. .

...$152,285 12
. . 42,551 54
Maintenance Way and Buildings 140,244 60
General 38,921 48

Total ($1,651 .95 per mile) .... $374,002 74

Net earnings (9.07 per cent.), $37,333.56 ; rentals received, $604.19 ; demurrage, $1,-
200.03 — total available revenue, $39,137.78. Charges against income : Accrued interest on
bonds, $112.849.80 ; on debt (paid), $1,871.67 ; rentals accrued, $4,900 ; taxes, $1,589.42 —
total, $121,210.89. Deficit, $82,073.11. Deficit forward, $202,467.23— total, $284,540.34.

Statement of mileage, operations, capital account, etc., for eight fiscal years :

1884

1885

1886

1887

1888

1889

1890

1891

Mile* RR Owned

218 50

215.30

215 80

215.80

215 80

215 80

215 80

215 80

Miles Track Owned
Miles RR Operated

233.50
224 50

230.30
249 60

230.80
249.60

230.80
249.60

233.50
249 60

233.50
249 60

232.30
249 60

233.00
226 40

Passenger Train Miles . . .
Freight Train Miles
Total Engine Mileage
Passengers Carried
Passenger Mileage
Ton* Freight Moved
Tonnage Mileage

185,000
205,100
412,650
105.135
3,388,863
167,731
23,742,914

184.855
160,760
399,725
82,069
2,605,938
102,752
9,028,208

183.595
186^765
420,530
82,169
2,618,199
137,435
12,018,878

230,820
249,970
541,380
86.118
2.782,641
237,737
30,975,583

240,150
196,529
525,274
106,413
3,194,338
188,657
28,005,137

212,230
158,900
451.550
114,846
3,296,228
147.689
16,395,524

262,950
157,150
507.260
113,811
3,022,446
149,524
14,407,969

266,350
168,020
554,110
147,539
3,777,311
259.578
26.117,297

Earnings Passenger

119,674

91,208

98,599

91,416

94 903

$

91 376

86 960

% 970

Freight
Other

251,891
29,554

189,458
22,524

222,928
22,495

313.874
15,931

236,374
23.497

186,830
23" 900

221.679
21 680

292,814
21 552

Gross Earnings

401,119

303,190

338,022

421,221

354 774

302,106

330 319

411 336

Operating Expenses

317,711

271,835

257,557

294,430

295,457

256,095

267,571

374,003

Net Earnings

83 408

31,355

80,465

126 791

59 317

46 010

62 748

37 334

Other Receipts .

3,488

2,910

2 157

1 804

Available Revenue

Charges against Incomes :
Interest

83,408
60,976

31,355
10,642

83,913
4,900

129,701
108,535

59,317

117 795

46,010
112 850

64,905
116 905

39,138
114 722

Rentals

17861

16 646

16 794

21 101

21 089

4 900

Miscellaneous

17,233

8,120

13,442

17817

16 164

3 783

3 382

1 589

Total . . .

78,209

18,763

36.203

142,998

150 753

137 684

141 376

121 211

Balance (+ or — )
Gross! Earnings per Mile . . .
Operating Expenses p. Mile
Net Earnings per Mile
Av. Rate p. Pass. p. Mile...
Av. Rate p. Ton p. Mile
Expenses to Earnings

Capital Stock

+ 5,199
1,78672
1,415 19
37153
3.53 c.
1.06 c.
79.21 p. c.

10,000,000

+ 12,592
1.21435
1,089 08
12527
3.50 c.
2.09 c.
89.66 p. c.

10,000.000

+ 47.710
1,354 25
1,031 88
322 37
3.54 c.
1.85 c.
76. 20 p. c.

10,000,000

- 13,297
1,68758
1,17909
50849
3 25 c.
l.OOc.
69. 90 p. c.

10,000,000

- 91,438
1,421 37
1,183 72
237 65
2.97 c.
1.02 c.
83. 28 p.. c.;

10,000,000

- 88,977
1,21035
1,026 Ox'
18433
2.77 c.
1.14c.
84. 77 p. c.

10,000,000

- 76,471
1,32339
1,072 00
251 39
2.88 c.
1.52 c.
81.01 p. c.

10,000,000

- 82,073
1,81685
1,651 95
16490
2.56 c.
1.12c.
90.98 p. c.

10,000 000

Funded Debt

5381 000

5,38 1, 000

5,381 000

5 661 830

5 661 830

5 661 830

5 661 830

5 661 830

Unfunded Debt

177,024

227.586

160,947

48,000

123 846

133 390

171 745

Current Accounts . .
Profit and Loss

22.233

52.372

21,08x>
70,864

76.384
34,016

88,508

95,311

217.771

337,977

Total Liabilities
Cost of Road and Equipm't
Funded Coupons.

15,580,257
15,406,461

15,fi60,958
15,406,462

15,633,893
15,381,000

15,772,230

15,661,830

15.798,338
15,399,289

°SO 830

15.880,967
15,401,015
280 830

16,012,991
15,402,586
280 830

16.171,552
15.402,586

9go £30

Current Accounts

17,445

22.885

141.565

60,310

12,574

Cash and Cash Assets..
Profit and Logs. .

42,905
113 446

30.225
201 386

111.328

50,090

77,903
40 316

58,981
1°7 567

127,108
902 4g~

203.596

OCi K4/)

Total Assets

15,580,257

15,660,958

15,633,893

15.772,230i

15,798,338

15.880,967

16,012,991

16,171,552

264 POOR'S MANUAL OF RAILROADS.

General Balance Sheet, June 30, 1891.

Cost of Road $15,008,431 66

Rolling Stock 394,154 90

Funded Coupons 280,830 00

Materials and Supplies 148,903 74

Cash and Current Accounts 54,69123

Profit and Losss 284,540 34

Total Assets . . . . ; $16,171,551 87

Common Stock Paid in (par, $100) $8,000,000 00

Preferred Stock Paid in (par, $100) 2,000,000 00

Funded Debt Outstanding 5.661,830 00

Bills Payable and Loans , 171,745 43

Current Accounts 55,017 34

Unpaid Interest 275.'

Accrued Rentals 7,350 00

Total Liabilities .... ... $16,171,551 87

The funded debt consists of $l,600,000Blst mortgage 6 per cent. 30-year $1,000 bonds,
due February 1, 1911, interest payable February and August ($8,000 per mile), $280,830
1st mortgage 6 per cent. 20-year $500 bonds due August 1, 1906, interest payable February
and August ; $3,781.000 3d mortgage income 8 per cent., if earned (non-cumulative), 30-year
$1,000 bonds, due May 1, 1911, interest payable May and November ($18,000 per mile). The
preferred stock is entitled to dividends of not exceeding 7 per cent, non-cumulative, after
payment of interest.

Annual meeting, on first Wednesday in June, at 52 Wall Street, New York, N. Y.
Books close thirty days before and re-open immediately after the meeting. Interest on bonds
payable at office of trustee, Farmers' Loan and Trust Co., New York, N. Y. Second mort-
gage bonds have voting power. Registrar of stock and transfer agent, the Secretary of the
company. Stock and bonds listed on the Xe\v York Stock Exchange.

GREEN BAY, STEVENS POINT AND NORTHERN RAILROAD. -Plover to Stevens
Point, 6 miles. Gauge, 4 ft. 8.1 in. Itail, 52 Ibs. Road opened August 15, 1882. Leased in perpetuity to the
Green Bay, Winona and St. Paul RR. Co., which guarantees interest on the bonds issued for its construction.
Funded debt consists of $70,000 1st mortgage 7 per cent. 50-year bonds, due July 1, 1932, interest payable January
and July, guaranteed by lessee. JOHN I. BLAIH, President, Blairstown, N. J.

Board of Directors, Green Bay, Winona and St. Paul Ry., elected June 3, 1891.

Samuel Sloan New York, N. Y.

John I. Blair Blairstown, N. J.

Percy R. Pyne. . . . New York, N. Y.

B. G. Clark

E. T

W. S.Sloan.

. Clark Jersey City, N. J.

. Hatfteld New York, N. Y.

Jos. Walker, Jr. . . .New York, N. Y.

Theo. Stnrges

S. W. Champion Green Bay, Wis.

W. J. Abrams Green Bay, Wis.

SAMUEL SLOAN, President New York, N. Y.

Joseph Walker, Jr., Vice-P resident Mills Building, New York, N. Y.

Secretary and Treas.—Theo. Sturges.New York, N. Y. | Auditor and Cashier— F. W. Froemke. Green Bay, \\ i-.

PRINCIPAL OFFICE AND ADDRESS Green Bay, Wis.

Transfer Office 52 Wall Street, New York, N. Y.

GREENLICK NARROW-GAUGE RAILWAY COMPANY.

Line of Road. — Greenlick Junction to Mount Vernon Mines, Pa 3.56 miles.

Sidings, 0.43 mile. Gauge, 3 ft. Rail (steel, 0.43 mile), 24 and 30 Ibs.

History.— Chartered October 19, 1874. Road opened July 1, 1875.

Rolling' Stock. — Locomotive engine, 1. Cars — passenger, 1 ; coal, ore, etc., 23.

Operations for six months ending June 30, 1890. — Earnings — passenger, $70.65; freight,
$5,557.5:-*— total, $5,6-28.18. Operating expenses, $5,482.90. Net earnings, $145.28.

Financial Statement, June 30, 1890.— Capital stock (par, $50), $31,650 ; bills payable,
$8,333.52 ; profit and loss, $342.40— total, $40,325.92. Construction and equipment, $37,-
047.27; cash and accounts receivable. $581.98 ; profit and loss, $2,696.67— total, $40,325.93.

Directors (elected January 18, 1890). — D. H. Pershing, Stauffers Station, Pa. ; Geo. K.
Miles, Edwin Miles, H. C. Frick, Pittsburgh, Pa. ; David White, Jos. R. Stauffer, Nath'l
Miles, Scottdale, Pa. ; G. A. Hogg, Pittsburgh, Pa. ; G. E. Hogg, Brownsville, Pa.

D. H. PERSHING, President and General Supt Stauffer's Station, Pa.

Secretary and Treas.—Geo. H. Se well. . .Scottdale, Pa. | Division S>ip<>rint undent— David White. ..Scottdale, Pa.

PRINCIPAL OFFICE AND ADDRESS Scottdale, Pa.

POOR'S MANUAL OF RAILROADS. 265

GREEN MOUNTAIN RAILWAY.

Line of Road.— Eagle Lake to Summit Green Mountain, Mt. Desert, Me. . . .1.14 miles.
Gauge, 4 ft. 7* in. Rail, 30 Ibs. per yard.

History. — Chartered in 1882 ; road opened same year. Not in operation during 1891.

Rollins: Stock.— Locomotive engines, 2. Cars— passenger, 2 ; other, 2— total, 4.

Earnings, etc., for year ending September 30, 1890.— Earnings (passenger), 2,306.20.
Expenses, $3,819.07. Deficit, $1,512.87. Interest accrued during year ou funded debt,
$2,400; other interest, $102.50— total, $2,502.50. Total deficit, $4,015.37.

Financial Statement, September 30, 1890 (latest funiished). — Capital stock (common,
$50,000 ; preferred, 6 per cent., $37,50D), $87,500 ; funded debt, $40,000; notes payable, $9,-
374.89 ; vouchers and accounts, $6,430.57 ; interest unpaid, $2,400— total, $145,705.46. Con-
tra : Cost of road, equipment, and other property, $131,478.58 ; due from agents, etc., $177.-
31 ; profit and loss, $14,049.57— total, $145,705.46.

The funded debt consists of first mortgage 20-year $500 coupon 6 per cent, bonds, inter-
est payable at Bangor, June 1 and December 1. Trustees, John L. Crosby and Edward G.
Wyman. Annual meeting, first Monday in December. Dividends payable in Bangor, Me.,
on December 1 ; whole number paid to date, 3.

Directors. — F. M. LaugLton, C. A. Gibson, Eugene M. Hersey, Francis H. Clergue,
Bangor, Me.

F. H. CLEKGUE, President Bangor, Me.

••/•— F. M. Laughton Bangor, Me. ! Sec. & Gen. Man.— XL. H. Ward well Bangor, Me.

PRINCIPAL OFFICE AND ADDBESS Bangor, Me.

GREEN POND, WALTERBORO' AND BRANCHVILLE RAILROAD.

Line of Road.— Green Pond, S. C., to Walterboro', S. C 14 miles.

Sidings, 0.25 mile. Gauge. 4 ft. 8£ in. Rail (steel), 30 Ibs.

History.— Chartered January 8, 1882 ; road opened March 1, 1887. Purchased in 1890
by, or in the interest of, the Charleston and Savannah Ry. Co. Operated in connection with
the C. & S. Ry., but operations not included in that statement.

Rolling1 Stock, June 30, 1890. — Locomotive engine, 1. Cars — passenger, 1 ; freight, 1.

Operations for year ending June 30, 1891. — Train mileage (mixed), 16,276 miles. Pas-
sengers carried. 11,670 ; carried one mile, 126.672 ; average mile rate, 3.41 cents. Tons
freight moved, 33,001 ; moved one mile, 364,136; average ton-mile rate, 5.95 cents. Earn-
ings—passenger, $4,319.24 ; freight, £21,678.54 ; mail, $592.11 ; express, etc., $203.08 ; other,
$100.92— total, $26,893.89. Operating expenses and taxes, £15.474.96. Net earnings, $11,
418.93. Add other receipts, $156.45 — total income, $11,575.35.

Financial Statement, June 30, 1891.— Capital stock (authorized, $100,000 ; par, $50),
$60,000 ; funded debt, 1st mortgage bonds, $15,000 ; current account?, $955.85 ; profit and
loss, $23,271.17— total, $99,227.02. Contra: Construction, $88,407.90; equipment, $6,650.-
58; lands owned, $150 ; cash and current assets, $4,018.54— total, $99.2'27.02.

Directors. — Not reported.

H. S. HAINES, President Savannah, Ga.

Svperintendent-C. S. Gadsden Charleston, S. C. | Treasurer— 3. Moultrie Lee Savannah, Ga.

PRINCIPAL OFFICE AND ADDRESS Walterboro', S. C.

GREENWICH AND JOHNSONVLLLE RAILWAY COMPANY.

Line of Road.— Greenwich, N. Y., to Johnsonville, N. Y 14.65 miles.

Sidings, etc., 1.50 miles. Gauge, 4 ft. 8| in. Rail (steel, 14.65 miles), 60 Ibs.
History.— Reorganization, September 6, 1879, of the G. & J. RR. Co.

266 POOR'S MANUAL OF EAILKOADS.

Rolling Stock, June 30, 1891.— Locomotive engines, 2. Car? — passenger, 1 ; baggage,
1 ; freight (flat), 'd — total, 5.

Operations for year ending June 30, 1891. — Train mileage — passenger, 27,512 ; freight,
9,170 ; mixed, l,5oO — total, 38,232 miles. Passengers carried, 29,8^2 ; carried one mile, 417,-
508. Tons freight moved, 36,730 ; moved one mile, 514,220. Earnings — passenger, $14,-
911.83; freight, $24,277.66 ; 'm-.dl, $740.36; express, $900; other, $231— total, $41,0';-
Operating expenses — transportation, $1^,471,34; motive power and cars, $1,422.40 ; way and
buildings, $13,028.07; general, $8,685.11— total,. $28,606.92. Net earnings, $12,453.93.
Payments : Dividend* (12 percent), $14,160; taxes, $1,093.09— total , $15,253.09. Balance,
deficit, $2,799.16; surplus from last year, $20,429.02. Net surplus, $17,629.s(>.

Financial Statement, June 30, 1891. — Capital stock (authorized, $150,000), $118.000 ;
profit and loss, $17,6^9.86— total, $135 6^9.86. Contra: Cost of road, $125,329.82 ; rolling
stock, $9,054.54; cash on hand, $1,245.49— total, $135,629.86.

Annual meeting, Thursday after third Wednesday in October, at the office of the Treas-
urer. Dividends payable January and July, at Greenwich, N. Y. Total number of divi-
dends paid to close of last fiscal year, 21. Registrar of stock, C. 11. Van Ness, Greenwich,
N. Y.

Directors (elected October 22, 1891). — W. D. Robertson, North Greenwich, N". Y. ;
H. Cottrell, E. H. Gibson. J. H. Thompson, W. L. Cozzens, C. H. Van Ness, Henry Gray,
W. L. Mowry, A. B. Cole, Walden Eddy, J. 0. la Vake, Greenwich, N. Y. ; Edward White-
side, South Cambridge, N. Y. ; Robert McMurray, West Cambridge, N. Y.

WILLIAM D. ROBERTSON, President North Greenwich, N. Y.

Treasurer— C. H. Van Ness Greenwich, N. Y. | Secretary— K. H. Gibson • Greenwich, N. Y.

PBINCIPAL OFFICE AND ADDRESS Greenwich, N. Y.

HAMILTON AND KINGSTON RAILWAY COMPANY.

Line of Road. — Hamilton to Kingston, Mo 9.2 mile

Gauge, 4 ft. 8^ in. Rail (steel), 52 Ibs.

History.— Chartered July 22, 1890, and road opened during that year. The road wi
be extended south into Ray County during 1892.

Rolling Stock. —Locomotive engine, 1. Cars — passenger, 1 ; freight, 2 — total, 3.

Financial Statement, June 30, 1891.— Capital stock ($100 shares), $100,000. Cost of
road and equipment, $105,000. Provision has been made for an issue of $60,000 6 per cent.
30-year bonds.

Directors. — William H. Garland, H. J. Oberschelp, Thomas Ligon, St. Louis, Mo. ;
D. H. Garland, New Orleans, La. ; C. W. M. Love, Kingston, Mo.

WILLIAM H. GARLAND, President St. Louis, Mo.

Treasurer — H. J. Overechelp St. Louis, Mo. | Secretary — C. W. M. Love Kingston, Mo.

PRINCIPAL OFFICE AND ADDRESS Kingston, Mo.

HANNIBAL UNION DEPOT COMPANY.

History. — Incorporated June 13, 1881, and depot completed and opened May 14, 188
The station is used jointly by the Chicago, Burlington and Quincy; the St. Louis, Keoktlfc
and Northwestern; the Hannibal and St. Joseph; the Wabash; the Missouri, Kansa.- an<l
Texas; and the St. Louis and Hannibal ; and all deficits, interest on bonds, and retirement
are provided for by the five first-named companies.

Cash Account, year ending December <jl, 1891. —Rentals, $4,678.23; received fronij
storage collections, $65.85 ; from railroad companies, $18,318.64 ; balance from previous
year, $3,043.94— total available revenue, $26,106.66. Payments : Approved vouchers, $16,
222.94 ; interest on bonds, $4,785 ; bonds retired and cancelled, $3,000 ; balance on hand.;
$2,098.72— total, $26,106.66.

POOR'S MANUAL OF RAILROADS. 267

Financial Statement, 'December 31, 1891.— Capital stock, $40,000 ; funded debt out-
standing, 1-t in -jrtgage 8 per cent. 25-year bonds, dated July 1, 1881, interest January and
July. sTs.oOO ; bonus retired, $22,000; sinking fund, $2,098.72 ; unpaid coupon*, $2,430—
total, $144."' -nti-<i : <'<>st of depot and fixture-, $140,000 ; deposited to pay coupons,

: in h:n:ds of treasurer, §2,048.72— total, £144,523.72. Interest payable in New York
City, sir the Bunk of North America. Annual meeting, second Tuesday in February, at

'. '.»al. Mo.

Directors (elected in February, 1892).— Charles M. Levey, Keokuk, la. ; William F.
Merrill, Chicago, 111. ; W. E. Cunningham, George K. Tozer, Hannibal, Mo. ; J. J. Frey,
a, Mo. ; J. H. Sturgis, St. Joseph, Mo.

CHARLES M. LEVEY, President Keokuk, la.

J. H. Sturgis St. Joseph, Mo. | Superintendent— Charles N. Lee Hannibal, Mo.

PRINCIPAL OFFICE AND ADDRESS Hannibal, Mo.

HARRIMAN COAL AND IRON RAILROAD COMPANY.

T . # u i i Harriman Junction to Harrimau, Tenn 5.6

i(1 : \ James' Ferry to Iron Mines, Tenn. (3 ft. gauge). . . . 7.5—13.1 miles.
Sidings, etc., 2.6 miles. Gauge, 3 ft. and 4 ft. 84- in. Rail — iron (n. g.), 45; steel (5.6

. 56 Ibs.

History. — Chartered January 10, 1891, and r<>ad opened May 1, 1891 ; narrow gauge
chartered October 10, 1882, and road opened October 25, 1883. Grading is completed for a
line from De Amiend to Frozen Head Mountain, Tenn., 16 miles, and track will be laid
early in 1892. Grading on Section from Harriman to DeArmand now (March, 189'-2) in
progress.

Rolling: Stock. — Locomotive engines, 3. Car — passenger, 3 ; other, 60 — total cars, 60.
Financial Statement. — Capital stock authorized (.$100 shares), $500,000; subscribed.
>JO; paid in, $271,000. On the l.-t day January, 1892, the company executed a mort-
gage to the Central Trust Co. of New York, trustee, to secure an issue of 500 bonds for sl.Qi 0
each, due and payable 20 years after date, and bearing interest at the rate of 6 percent, per
annum, payable semi-annually, January and July. The bonds will be held by the trustee,
and are to be delivered to the company only as actual expenditures are made in building and
equipping the road.

Annual meeting, first Thursday in May, at Harriman, Tenn. Transfer books close on
the 1st of April. Stock must be owned thirty days to entitle holder to vote Trustee of
ixjnds, registrar of r-tock and transfer agent, Central Trust Co. of New York. Interest and
dividends payable at tlie office of the Central Trust Co.

Directors (elected May 7, 1891).— A. \V. Wagualls, Xew York, N. Y. ; A. A. Hopkins,
George AY. Easley, W. H. Russell, Frederick Gates, J. D. Roberts, Harriman, Tenn.

A. VV. WAGNALLS, President 13 Astor Place, New York, N. Y.

\V. H. Russell, Vice-President Harriman. Tenn.

;Sec. and Treat.— Frederick Gates Harriman, Tenn. | Gen. Manager— George W. Easley Harriman. Tenn.

Auditor— J. K. Hay ward Harriman, Tenn."

PRINCIPAL OFFICE AND ADDRESS Harrimau, Tenn.

HECLA AND TORCH LAKE RAILROAD COMPANY.

Main Lino of Road. — Calumet to Lake Linden 6.0

• Branch : Hecla to Calumet, 0.5 ; Hecla Branch : Hecla to So. Hecla.3.5— 9.5 miles.
Sidings, 1.50 miles. Gauge, 4 ft. 1 in. Rail (steel, 10 miles), 40 to 70 Ibs. per yard.

History. — Chartered March 8, 1868 ; road opened in October, 1868. This road is oper-
d and wholly owned by the Calumet and Hecla Copper Mining Co., which pays any deficit
that may occur for the privilege of having its ore transported free.

Rolling Stock, December 31. 1891. — Locomotive engines, 9. Cars— passenger, 1 ; freight

268 IGOR'S MANUAL OF RAILROADS.

(box, 4 ; platform, 43 ; rock, 290- coal, 30), 367— total cars, 368. Also 3 caboose? and 4 snow
ploughs.

Operations for year ending December 31, 1891. — Train mileage not reported. Tons of
freight moved, 1,132,875 ; moved one mile, 8,496,562. Gross earnings (freight), $100,427.76.
Operating expenses, transportation, and equipment, $76,467.12 ; maintenance of way, $21,.
293.44; general, $2,667.20— total, $100,427.76.

Financial Statement, December 31, 1891.— Capital stock (par value, $100), $100,000;
current accounts, $412,451.32— total, representing cost of road and equipment, $512,451.32.

Annual meeting, third Wednesday in June.

Directors. — Alexander Agassiz, S. B. Whiting, Cambridge, Mass. ; Quincy A. Shaw,
West Roxbury, Mass. ; Will A. Childs, John Duncan, Calumet, Mich.

ALEXANDER AGASSIZ, President Cambridge, Mass.

Secretary & Treas.—L& Roy S. Gove. . .Calnmet, Mich. | Superintendent- W. A. Childs Calumet. Mich..

PRINCIPAL OFFICE AND ADDRESS Calumet, Mich.

HERKIMER, NEWPORT AND POLAND RAILWAY COMPANY.

Line of Road.— Herkiiner, N. Y., to Poland, N. Y 16.73 miles.

Sidings, 1.77 miles. Gauge, 4 ft. 8 in. Rail— iron, 65 ; steel (16.73 miles), 75 Ibs.

History.— Chartered June 29, 1880 ; road opened to Poland, May 29, 1882. The guage
was broadened during the past year.

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 1 ; combina-
tion, 1 ; freight (box, 7 ; platform, 10 ; coal, 2), 19 ; caboose, 1 ; other, 10 — total cars, 32.

Operations for year ending June 30, 1891.— Train mileage (mixed), I!?, 168 miles. Pas-
sengers carried, 37,933 ; carried one mile, 354,303 ; average mile rate, 4.62 cents. Tons
freight moved, 25,388; moved one mile, 361,505 ; average ton-mile rate, 6.77 cents. Earn-
ings-passenger, $16,353.33; freight, $24,487.42; mail, $815.88 ; express, $1,710.29 ; other,
$381.71 — total, $43,748.63. Operating expenses — transportation, $11,547.34; maintenance
of equipment, $3,891.59 ; way and buildings, $10,200.63 ; general, $4,029.80— total, $30,-
569.36. Net earnings (30. 12 percent.), $13,179.27. Payments: Interest on bonds. $2,475;
on debt, $181.93 ; taxes, $1,526.10— total, $4,183.04. Surplus, $8,996.23 ; surplus forward,
$10,559.08— total surplus, $19,555.31.

Financial Statement, June 30, 1891.— Capital stock ($100 shares), $250,000 ; bills pay-
able, $93,123.74 ; current accounts, $793.85; mortgage on repair shop, $800; profit and
loss, $19,555.31— total, $364,272.90. Contra: Construction, $810,216.24; equipment, $34,-
665.66 ; securities owned, $200 ; materials and fuel, $3,341.21 ; assignment of mortgage on
repair shop, $800; bills receivable, $4,676.34 ; current accounts, $524.11 ; cash on Land,
$9,849.34— total, $364,272.90. During the past year the bonds were converted into stoek, and
$14,200 of the surplus was capitalized, increasing the share capital to $250,000. An incr
of the capital stock to $500,000 has been authorized, the proceeds to be used in liquidating t
the floating debt, paying the contractors and providing for future improvements.

Annual meeting, fourth Tuesday in June, at Newport, N. Y. Books close for annual ••
meeting 30 days previously ; for dividends 10 days previous to payment. For dividend pay-
ments, see POOR'S HANDBOOK OF INVESTMENT SECURITIES. Stock maybe voted if tr
f erred prior to closing of books.

Directors.— W. Seward Webb, H. Walter Webb, Thomas L. Jam< s, John M. T.
Henry L. Sprague, Frank G. Smith, New York, N. Y. ; Edward M. Burns, George H. Thomas.
Wallace W. Moshier, C. W. Hamlin, Middleville, N. Y. ; Samuel Earl, ilerkimer. N
Henry W. Dexter, Newport, N. Y. ; Stephen K. Millington, Poland, N. Y.

W. SEWARD WEBB, President. . New York, X. Y.

Edward M. Burns, Vice-Prcxideiit. and Gen. Manager. . .Middleville, N. Y.
Auditor— Thomas E. Merritt ...New York, X. Y. | Tren*ttre.r—V. (f. Smith Now York. N. Y

PRINCIPAL OFFICE AND ADDRESS. Newport, N. Y.

New York Office. . . 51 East 44th Street.

POOR'S MANUAL OF RAILROADS. 269

HIBERNIA UNDERGROUND RAILROAD COMPANY.

Line of Road.— Hibernia Mine RK. into Hibernia Mountain, N. J 1.81 miles.

Rollinir Stock, December 31, 1891.— Locomotive engines, 2.

Operations for year ending December 31, 1891.— Earnings (freight), $6,908.96. Oper-
ating expenses, $3,019.30. Net earnings, $3,889.66.

financial Statement.— Capital stock (par, $100), representing cost of n.ad, $100,000.

Unfunded debt, $9,848.13.

Directors.— George Richards', \V. H. Lambert, Dover, N. J. ; Thos. J. Bouve, Augustus
Lowell, Charles C. Jackson, Boston, Mass. ; H. C. Pitney, Morristown, N. J.

GEORGE RICHARDS, President Dover, N. J.

Sfcretary—'Vfm. II. Lambert Dover, N. J. | Treasurer -Thomas J. Bouve Boston, Mass.

PRINCIPAL OFFICE AND ADDRESS Dover, N. J.

HODGENVILLE AND ELIZABETHTOWN RAILWAY COMPANY.

Line of Road.— Hodgenville, Ky. , to Elizabethtown, Ky 11.1 miles.

Sidings, about 1 mile. Gauge, 4 ft. 9 in. Rail (steel), 50 and 56 Ibs.

History.— Chartered April 8, 1884 ; road opened in March, 1888. Connects at Elizabeth-
town with the Chesapeake, Ohio and Southwestern RR. The road is operated by the New-
port News and Mississippi Valley Co., Western Division.

Rolling Stock, June 30, 1891.— Locomotive engine, 1. Cars— passenger, 1 ; baggage,
etc., 1 ; freight (box, 3 ; stock, 2 ; platform, 3), 8 — total cars, 10.

Operations for year ending June 30, 1891. — Train mileage and traffic operations, no
record kept. Earnings— passenger, $4,539.83 ; freight, $3,081.65 ; mail, $500.16 ; express,
$226.99 ; other, $529.36— total, $8,877.99. Operating expenses and taxes, $7,300.12. Net
earnings, $1,577.87 ; other receipts, $248.68— total, $1,826.55. Interest matured, not paid,
$7,500. Deficit. $5,673.45.

Financial Statement, June 30, 1891.— Capital stock, $123,500 ; funded debt (1st mort-
gage 5 per cent. 30-year bonds, due August 1, 1917, interest payable February 1 find August
1), $150,000 ; unpaid coupons, $22,500j; accrued interest, $3,125 — total, $299,125. Contra:
Cost of road and equipment, $274,519.02; cash and accounts, $6,670.92 ; profit and loss,
$17,935.06— total, $299,125.

Annual meeting, first Tuesday in October, at Louisville, Ky. Stock may be voted
immediately after transfer. Interest payable at New York, N. Y. Trustee of bonds, D. M.
Rodman, Louisville, Ky.

Directors.— Jacob Hubbard, Hodgenville, Ky. ; John Echols, Thomas H. Hays, W. O.
Harris, Thomas W. Bullitt, M. B. Cutter, C. F. Krebs, Louisville, Ky.

JACOB HUBBARD, President Hodgenville, Ky.

John Echols, Vice- President Louisville, Ky.

y— C. F. Krebs Louisville, Ky. | Treasure? — J. B. Weaver Louisville, Ky .

PRINCIPAL OFFICE AND ADDRESS Louisville, Ky.

HOOSAC TUNNEL AND WILMINGTON RAILROAD COMPANY.

Line of Road.— Hoosac Tunnel, Mass., to Vermont State Line 8.0

Leased : Deerfield River Co.'s RR. ; State Line to Keadsboro', Vt., & branch. 3. 5— 11.5 miles.
Sidings, etc., 2 miles, Gauge, 3 ft. Rail (steel), 30 and 60 Ibs. per yard.

History. — Chartered December 28, 1886 ; acquired the Massachusetts portion of the line
of the Deerfield River Co. and leased the Vermont portion. An extension from Readsboro
to Wilmington, 13 miles, was built by the Deerfield Valley RR. Co., and opened November
4, 1891 ; and the three railroads, 24.5 miles, were consolidated January 1, 1892, under the
uame of the H. T. & W. RR. Capital stock of the consolidated company is $210,000 ; funded
debt, $180,000 first mortgage 30-year 5 per cent, bonds.

270 POOK'S MANUAL OF RAILROADS.

Rolling1 Stock (leased}. Locomotive engines, 2. Cars — combination 4; freight (box, 20
stock, 16), 36 ; other, 20— total, 60.

Operations for year ending June 30, 1891.— Train mileage (mixed), 14,110 miles. Pas-
sengers carried, 10,273 ; carried one mile, 96,881; average mile rate, 4.3:5 cents. Tons freight
moved, 16,219 ; moved, one mile, 154,080 ; average ton-mile rate, 11.22 cents.

Expenses.— Transportation $<;.

* Maintenance of Cars 2,40000

Maintenance Way and Buildings. 4,64567

Earnings.— Passenger $4,193 56

Freight .' 17,29163

Mail 490 60

Express 376 01

General 1 ,583 64

Total ($1,943.63 per mile) $22,351 80 ! Total ($1,322.39 per mile) $15.207 53

Net earnings (31.96 per cent.), $7,144.27. Payments : Interest on debt, .$4,059.73 ; rent-
als, $1,944.49; taxee, $104.40— total, $6,108.68. Balance, surplus, $1,035.59 ; deficit from
last year, $4,065.25— net deficit, $3,029.66.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $50,000 ; bills payable,
$65,181.96 ; interest unpaid, $1,687.50— total, $116,869.46. Contra : Cost of road and equip-
ment, $112,840.80 ; current accounts, $999 ; profit and loss, $3,029.66— total, $116,86',*. 40.

Annual meeting held in October, at Holyoke, Mass.

Directors (elected October, 1891). — Daniel H. Newton, John C. Newton, Moses Newton,
James Ram age, Holyoke, Mass.; George W. MilJar, New York, N. Y.

D. H. NEWTON, President Holyoke, Mass.

Vice- President — James Rama<re Holyoke, Mass. I Treasurer— John C. Newton Holyoke, Mass.

Sec. & Auditor— J&mes S. Newton " " | Superintendent— Moses Newton "•

PRINCIPAL OFFICE AND ADDRESS Holyoke, Mass.

HOT SPRINGS RAILROAD COMPANY.

Line of Road. — Malvern, Ark., to Hot Springs, Ark 22 mile?.

Sidings, 4 miles. Gauge, 4 ft. 84- in. Rail (steel), 52 lbs».

History. — Road opened November, 1875 ; gauge changed to standard, October 17, ^889.

Rolling Stock. — Locomotive engines, 4. Cars — passenger, 6 ; freight and miscellaneous
cars, 30— total, 36.

No report of operations or earnings is made. Information refused.

Financial Statement. — Capital stock, representing cost of road, etc., $600,000.

L. D. RICHARDSON, President and General Manager Hot Springs, Ark.

Vice-Pres. & Treas.—E. M. Dickey Chicago, 111. | Sec. & Local Treat— M. N. Pierce. . .Hot Springs, Ark.

PRINCIPAL OFFICE AND ADDRESS Hot Spring^, Ark.

HOUSATONIC RAILROAD COMPANY.

Main Line of Road.— Bridgeport, Ct., to Conn. State Line ........ 74.46

Danbury Branch : Brookfield Junction, Ct., to Danbury, Ct ........... 5.36

Huntington Branch : Botsford, Ct., to Huntington, Ct ................ 9.79

Connecting track in Hawleyville ................ 0.33— 89.94 miles

.. (Berkshire RR.: Sheffield to W. Stockbridge, Mass ............... 21.03

TJ West Stockbridge RR.: West ?r« ckbridge to N. Y. State Line ..... 2.64

| •( Stockbridge and Pittsfield RR.: Stockbridge to Pittsfield, Mass. . .22.93

Total length of road (owned, 89.94 ; leased, 99.S9) June 30, 1891 ......... 189.53 miles

Sidings (owned, 26.98 ; leased, 20.60), 47.58 m. Gauge, 4 ft. 8* in. Rail (steel), 60 to 74 Ibs- !

History.— Chartered in May, 1836 : completed December 1. 1842. The New York I i
tonic and Northern RR. was purchased in 1882. The Huntington Branch was built in 188
For terms of leases, see subjoined statements.

POOR'S MANUAL — HOUS ATONIC RR. CO.

271

Kollinsr Stock, September 30, 1891.— Locomotive engines, 53. Cars— passenger, 67 ;
combination, 20; baggage, mail, und express, 14 ; sleeping, 3; drawing-room, 4; freight
(box, 750 : stock. 8 ; flat, 356 ; coal, 186), 1.300 ; catxxve, 9 ; other, 20— total, 1,437.

Operations for year ending September 30, 1891.— See tabulated statement below.

Expenses.— Transportation $568,869 76

Motive Power 38,216 51

Maintenance of Care 56,799 36

Earnings.— Passenger $572,93037

Freight 845.155 57

Mail 20,020 98

Express '. 48.00000

Rents and Miscellaneous. . . 55.697 53

Maintenance Way & Buildings. 197,189 93
General... 88,21641

Total ($8.134.83 per mile) $1,541.794 45 | Total ($5,008.66 per mile) $949,291 97

Net earnings (38.43 per cent.), $592,502.48 ; add income from investments, $2,929.80 ;
bond rent, $3,533.40 ; gain in exchanging common stock, $700— total, $599,665.68. Pay-
ments : Interest on bonds and certificates, $166,931.68 ; on debt, $15,201.68 ; rentals (Stock-
bridge and Pittsfield RK., $31,409 ; Berkshire RR... $42.000 ; West Stockbridge RR., $1,800 ;
ry and Norwalk RR., $66,433.32 ; New Haven and Derby RR., $98,220.36), $239,862.-
ier, $13,892.64— total, $503,885.93. Surplus, $95,779.75 ; surplus forward ($412.641.-
90, less deductions, net, $101,170.14), $311,471.76— total, $407,251.51.

Statement of operations and capital account for eight fiscal years :

1884

1885

1886 1887

1888

1889 ! 1890

1891

Miles of Railroad Operated. 126.50
Passenger Train Mileage . . . 249.134
Freight Train Mileage 283,417

126.50
242,102
274,943

126.42 162. S7
258.609 3^8.899
293,386 392.224

189.53 189.53 189.53 189.53
472.809 536.500 6&3,&)0 652,503
526,636 650,200 962,610 530,215

Total Train Mileage . . . 557,994
Passengers Carried.. .'. 367,080
Passenger Miles 9 ->65 561

540.834
340,954
8,835,567
285,483
114,890,424
^
220,798
350,977
74,085

577.641 823.375
382,526 936,395
9,890.020 15,737.214
306,278 452.724
17,296,373 ! 21,757,014

245,294i 389,139
362,440! 485,849
82,282! 107,562

1,040,224
1,021.625
16,538,839
503,271
24,550,937

410.355
531,219
145,839

i 1,235.800 1.737.820 1,790,269
1,159.235 1.352.235 1.454.775
18.490,096 23.299.009 24,734.569
617,344 766.767 899,942
27,295.354 38.141.102 35,009,727

432.535 529.854 572,920
594.540 860,224 781,541
177.138J 130,046 187,333

Freight" (tons> Moved 290,868
Freight (tons* Mi'.es 14 875,414

yt. — Passenger.. 230230

Freight 417,342
Other 29,188

Total Earnings «76 760 645 860
Expenses and Taxss 487.838 404.511

690,016
454,135

982.550
602,297

1,087,413! 1.204,213
687,474j 718,921

1 1,520.124' 1.541.794
912,945 1.017.2S8

Net Earnings 188,922
Other Income 41 199

241.348
8,283

235,881
4,729

330.253

399,939 485,292

607,179

524.506
7,163

Available Revenue 230 121
Lease Rentals, etc. 74*095

249,632
74.102
63.371
82,600
13
+ 29,546

5.171 09
3.197 71
1.973 38
61. 84 p. c.
2.49 c.
MJ«.

2,000,000
896,500
369.000
80:899
238,479

240,610
74.100
57,821
70,800

380.253
170,022
60,884
35,400

399.939
151,056
114,885

485,292
170,012
157,689

607,179
242,237

157,6-38

531,669
239,863
182,133

Interest 61 '976
Dividends (J.. A.. J.. O.-. . . . 94^400
Other Payments -2 ->~n
Balance - 2J619

Gross Earning? per Mile. .. 567557
Expenses per Mile... 4,'060 69
Net Earnings per Mile i 6i4 33
Expanses to Earnings 71 55 p c
Av. Rate per Pass, per Mile, o AS, c
Av. Rate per Ton per Mile . ojg £

Capital Stock ; o nm nnn

57,014
+ 76,984

6.522 76
3:963 12
2.559 64
60. 76 p. c.
2.48 c.
2.44 c.

3,150.400
2,880^000

200,OOC
107,804

41.634
+ 115,959

6.66322
3.847 46
2,815 76
57.75 p. c.
2.34 c.
2.40 c.

2,907,300
3."OO.oOO
262,593
2-,'5.447
246,170

14.230
+ 193,074

5.82511
3.469 94
2,35517
59. 57 p. c.
2.28 c.
2.29 c.

s

2,903,700
8,000,000
600,088

303.291
412,642

13,893
- 96,780

8.134 83
5.354 15

65. 79 p. c.
2.32 c.
2.23 c.

2.902.800
3,000.000
558,927
366,761
407,^52

7.235.740
6.700.379
181.627
192,022
T1.5T2
90.140

+ 37,888

5.495 53
3.59227
i;90326

•iir

2T

2,000,000
920,000
468,816
76.902
276,367

+ 113,947

5,98347
3,698 02
2,28545
61. 79 p. c.
2.47 c.
2.23 c.

2.000,000
920.000
378,000
47.706
365.504

Funded Debt" , ^gtfSSo

Hotting Debt 4^858
Accounts and Dues 62,781
Profit and Loss *Ytft*Q33

Total Liabilities . . . o =q7 v-2
Co.. of Proper.. |?S

8Stt£2±SC^! *£&

Materials and Supplies £4 *.£
Cash on Hand.. jgjgg

3,584.878
3.117.706
216.781
70,042
48,279
132,070

3,737.085
3.121.506
259,021
151.328
60,042
145,188

3,711.210
2,466,931

6,338,204
5,937,054
180,007
92.694
46,162
142,197

6.641.5JO
ti.24-.46o
79388
166,209
68,312
78,641

7.119,719
6,645.001
164,760
133.040
94,978
81,940

97.068
96,780
50,431

Total Assets 3.597,572

3,584,878

3,737,085

3,711.210) 6.338,204

6,641,510

7,119,719

7,235,740

Annual meeting, third Tuesday in December, at Bridgeport, Conn.; books close ten days
previously.

272 POOR'S MANUAL — HOUSATONIC SYSTEM.

General Balance Sheet, September 30, 1891.

Cost of Road $4,525,528 52

Cost of Rolling Stock 1,507,029 06

Real Estate and Other Investments 713,700 33

Stocks and Bonds Owned 135,748 00

Materials and Fuel on Hand 71,572 24

Bills Receivable 07,500 00

Accounts Receivable 32,270 56

Agents and Conductors 87,113 91

Cash on Hand 90,139 61

Sundry Accounts 5,137 75

Total Assets .• $7,235,739

Capital Stock-Common ) . $35,00000

Capital Stock-Preferred \ ^ UU) ' ' \ 2,867,800 00

Funded Debt Outstanding 3,000,000 00

Bills Payable, Loans and Mortgages 153,427 39

Rolling Stock Certificates Outstanding .... 200,000 00

Certificates of Indebtedness 205,500 00

Accrued Coupons, Rentals, and Taxes 189,286 24

Pay Rolls and Vouchers 129,608 67

Foreign RR. Companies 33,636 51

Other Liabilities 14,229 66

Profit and Loss 407,251 51

Total Liabilities $7,235,739 98

Funded debt consisted September 30, 1891, of the following : '

Consol. mtge. 5 p. c. 50-year gold $1,000 coupon and regis. bonds, due 1937, interest May and November. $2,839 000
Danbury Branch, 5 per cent, bonds, due October 1, 1912, redeemable October 1, 1892. 61 OoS

Consolidated mortgage 4 per cent. 30-year registered bonds, due 1910, interest April and October" .' '.'.'.. 100,'000

The consolidated 5's of 1937 are limited in issue to $3,000,000, and are to be used to
retire the bonds becoming due in 1910 and 1912, to provide for additions and betterments to
the property, and for other purposes of the company. Listed on New York Stock Exchange.
Interest payable at the transfer and registry office, Farmers' Loan and Trust Co., 22 Wil-
liam Street, New York, and at Bridgeport, Ct. Trustee, the Treasurer of the State of Con-
necticut..

The prefered stock was issued in 1888, in exchange for old preferred, and to settle past
accumulation of dividends on preferred stock, holders receiving 100 per cent, extra in the
new stock or in new consols. Common stock is exchangeable for preferred at the rate of
one share of the latter for 1£ of the former. Preferred stock is non-cumulative, but entitled
to 4 per cent, dividend, preference over common. Voting power attaches to stock after ten
days' ownership.

RAILROADS OWNED OR LEASED BY THE HOUSATONIC RAILROAD Co.

BERKSHIRE RAILROAD.— West Stockbridge to State Line of Connecticut, 21.03 miles ; total
track, 25.52 miles. Chartered April 13, 1837; road opened December 1, 1842. Leased January 11, 1843, at an
annual rental of $42,000. Receipts for year ending June 30, 1891, including miscellaneous income, $42,436.
Sundry expenses and taxes, $10,583.31. Net revenue, $31,852.69. Dividends paid (5^31 per cent.), $31,849 44.
Surplus, $3.25. Capital stock, $600.000 ; unpaid dividends, $415 11 ; profit and loss, $13,997.19— total, $614,412.30.
Contra: Construction, etc., $600,000; other investments, $6.000: other assets, $8,412.30— total, $614,412.30.
Dividends are payable at Stockbridge, Mass., January, April, and July. October dividend goes to pay taxes, any
surplus going to January dividend. HENRY T. ROBBINS, President, Great Barrington, Mass.; D. A. Kimball,
Secretary and Treasurer, Stockbridge, Mass. CORPORATE OFFICE, Stockbridge, Mass.

D ANBURY AND NORWALK RAILROAD.— Danbury to Wilson's Point, Ct., 26.28 miles.
Branches : Branchfield to Ridgefield, 5.95 ; Bethel to Hawleyville, 3.97— total, 36.20 miles. Total track (steel,
29.65), 45.15 miles. Chartered May, 1849 ; road opened to South Norwalk, February 22, 1852 ; Rid_gefield Branch
in June, 1870 ; Hawleyville branch in July, 1872 ; extension to Wilson's Point, July 4, 1882. Leased to the
Housatonic RR. Co. for 99 years from October 1, 1886, for interest on bonds and 5 per cent, on stock. Capital
stock ($50 shares), $600,000; funded debt ($200,000 5 per cent, consolidated mortgage bonds, due July 1, 1920;
$200,000 1st mortgage 7 percent. 20-year bonds, due July 1, 1892; $100.000 6 per cent, consolidated mor:
40-year bonds, due July 1, 1920 ; $150,000 5 per cent, general mortgage bonds, due April 1, 1925), $650,000 : ac-
counts and liabilities. $66,875 ; profit and loss, $132,367.72— total. $1,449,242.72. Contra : Cost of road, $1.
270.83 ; equipment. $288,971.89 ; stocks and bonds owned, $50,000— total, $1.449,242.72. Interest anddivic
at Housatonic RR., Bridgeport, Ct. Annual meeting, last Thursday in October. Trustee of bonds, State Treas-
urer : registrar of stock, L. C. Green, Norwalk, Ct. F. ST. JOHN LOCKWOOD, President, Norwalk, Ct.; Charles
E. Robinson, Secretary and Treasurer, Bridgeport, Ct. CORPORATE OFFICE, Bridgeport, Ct.

NEW HAVEN AND DERBY RAILROAD.— New Haven, Ct., to Ansonia Ct., 12.90 miles ; Hunt-
ington Branch: Derby to Huntington. Ct., 3.79 miles— total, 16.69 miles. Sidings, etc., 6.50 miles. Gauge, 4 ft.
8^ in. Rail (steel, 20.08 miles), 56, 60. 62. and 67 Ibs. Chartered in May, 1864 ; main line opened August 1, ISM ;
Huntington branch November 14, 1888. Leased for 99 years from July 9, 1889, to the Housatonic RR. Co. Rental,
'interest on bonds and dividends of 2 per cent, for the first three years, 3 per cent, for the next three years, and 4
iper cent, lor the remainder of the term. Rental, year ending June 30, 1891, $115,535.25. Paid interest on b
:$9M.14.05 ; taxes, $15,481.20 ; dividends (2 per cent.), $8,940— total, $115,535.25.

Financial Statement, June 30, 1891.— Capital stock, $447,000 : funded debt (1st mortgage 7 per cent.
$1,000 coupon bonds, due 1918, interest February and August, $225,000 ; consolidated 5 per cent. 30-year .-•
coupon bonds, due 1918, interest May and November, $575,000 ; 6 per cent. 12-year $500 and $1,000 coupon
gage certificates, due 1900, interest February and August, $480,000 ; 6 per cent, real estate mortgage, due 1900,
interest February and August, $225,000; 6 percent, registered certificates, interest February and August. $71,-
-900.88), $1,576,900.88; accrued interest, $30,776.66; profit and loss, $2,290.06— total, $2,056,967.60. Contra:
Construction, $1,856,291.98; equipment, $200,675.62— total, $2,056,967.60. A sufficient number of the consols are
"held to retire the first mortgage bonds. The firsts and the consols are secured on the main line, the mor
«ertifieates on the branch line. The real estate and registered certificates are secured on real estate in New
Haven and Shelton. Annual meeting, third Tuesday in December ; books close ten days previously, and same
period before dividend payments. Trustee of bonds, Treasurer State of Connecticut. Dividends payable January

POOR'S MANUAL OF RAILROADS. 273

and July at New York City or Bridgeport, Conn.; interest at Bridgeport, Conn. WM. H. STEVENSON, Pretvlent,
: \. ,}. Porter, Secretory; C. B. Robinson, Treasurer. PRINCII-AL OFFICE AND ADDRESS, Bridge-

STOCKBRIDGE AND PITTSPIELD RAILROAD. --Van.l.-u.^nville to Pitt?field, 22.93 miles ;

total track. -Jr.ttC miles. Chartered March •>(). 1S47 ; road opened January 1, 1850. Leased on completion at a

rental of $31,409 annually. Receipt" for year ending June 30, 1801, including miscellaneous income. 31,647.25 ;

9 and taxes, $7,543.38 : dividend* (5.37 per cent., January and July), 824,084.42— total, $31.627.65. Sur-

'.60. Capital stock, $448.700 ; dividends unpaid, $205,91 ; profit and loss, $2.582.4,<v-tota], $451,488.39.

Construction, etc., $448.700; other investments. g52..V>u : sundry assets, $2:38.39— total, $451,488.39.

Dividends paid at Stockbridge, Mass, April 15 and October 15, each at rate of 3^ per cent.: but taxes are deducted

from October dividend. This company paid its first dividend July 1, 1850, 3.} per cent. Since then it has paid 84

semi-annual dividends, making 85 in all. D. R. WILLIAMS, President ; D. A'. Kimball, Secretary and Treasurer,

Stockbridge, Mass.

WEST STOCKBRIDGrE RAILROAD.— West Stockbridge to State Line of Xc\v York, 2.f>4 miles ;
total track, 5.02 miles. Chartered Aprils. 1836; road opened Aueusr ID. |s.>:. Leased to the Housatonic RR.
Co. at a rental of $1.800. Expenses and taxes, 1890-91. $343.98 : dividends, $1.504.80. Deficit for year, §48.78.
Capital stock, $39,600 ; profit and loss, $1,541.98— total. $41.141.98. Cost of road. $39.600 : cash and other assets,
|1,541.98— total, $41,141.98. Dividends payable at office of company. W. H. STARBUCK, President; M. E. Stone,
• /•. GENERAL OFFICE. 22 William Street, New York.

Board of Directors, Housatonic RR. Co., elected December 15, 1891,

Win. H. Stevenson.. Bridgeport. Ct. I Wm. H. Starbuck.Nevv York, X. Y.
Thomas Rutter New York. X. Y. J. L. Macaulay

S. E. Merwin . . .New Haven, Ct

A. B. Milford Danbnry, Ct.

Henry Crofut " "

Henry Hentz "I Wrn. E. Downes New Haven, Ct.

WILLIAM H. STARBUCK, President New York , X. Y.

. Stevenson, Bridgeport, Ct. | Sec. and Treat.— M. E. Stone New York. N. Y.

GENERAL OFFICE Bridgeport, Ct.

President's and Treasurer's Offices 22 William St., New York, N. Y.

HOPKINS RAILROAD COMPANY.

Line of Road. — Gillespie, 111., to Koad House, 111 47 miles.

Gauge, 4 ft. 81 in. Rail, 56 Ibs. per yard.

History. — Chartered as Burlington and Ohio River RR. Co., September 19, 1881, and
road graded between Gillespie and Scottville, 111., 30 miles, and 3 miles of track laid north
from Gillespie. Work abandoned by the contractors in December, 1882. Road sold under
foreclosure early in 1884, and the present company organized with a capital of $80,000.
Road not in operation. Cost of material and work already done is about $175,000.

Directors (elected March. 1887). — James Walker, Scottville, 111. ; Conrad Garris, Car-
linville, 111. ; Barton Smith,. Toledo, 0. ; H. P. Smith, Pittsburgh, Pa. ; H. S. Hopkins, St.
Louis, Mo. No recent information in reference to this road has been furnished.

PRINCIPAL OFFICE AND ADDRESS Scottville, 111.

HOUSTON AND TEXAS CENTRAL RAILROAD COMPANY.

JIain Line of Road.— Houston, Tex., to Denison. Tex 338

Austin Branch : Hempstead to Austin, Tex 115 — 453 miles.

Sidings and other tracks, 68.27 miles. Gauge, 4 ft. 8$- in. Rail. 54 and 56 Ibs.

History. — Organized August 1, 1889, as successor to the Houston and Texas Central
Ry. Co., whose road (excepting the Waco and Northwestern Division, from Bremond to Ross,
Tex., 5-i miles), was sold under foreclosure, September 8, 1888. (See MANUAL for 1891.)

Rolling1 Stock. — Locomotive engines, 99. Cars — passenger, 47; baggage, etc., 30;
freight (box, 1,319; stock, 98; platform, 415; coal, 307), 2,139; caboose, 49; other, 29— total,
2,294.

Operations for year ending June 30, 1891.— Trains run— passenger, 724,610; freight,
810,320; mixed, 258,130 ; other, 749,560— total, 2,542,620 miles. Passengers carried, 703,088.
Tons of freight moved, 790,239.

— Passenger $379,202 39 j Expenses.— Maintenance of Way $^87,838 43

Freight 2.550.083 50

Mail and Express . . : 131 ,489 19

Miscellaneous . 168,813 41

Total ($7,356.19 per mile) $3,729,588 49

Kolling Stock 351,10605

Transportation 1,195,393 70

Miscellaneous and Taxes 275,815 61

Total ($5,148.23 per mile) $2,610,153 79

Net earnings (30.01 per cent.), $1,119,434.70. Payments not reported.
18

274 POOR'S MANUAL OF RAILROADS.

The statements of rolling stock and operations given above relate to the 453 miles
belonging to Houston and Texas Central RR. Co. and 57 miles additional, which constituted
the Waco and Northwestern Division of the old company, but is not owned by the present
company.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $10,000,000 ; funded debt
(1st mortgage 5 per cent, bonds, $7,787,000 ; consolidated land grant 6 per cent, coupon bond?,
$3,661,000 ; general mortgage 4 per cent, bonds, $4,303,000 ; 6 per cent, debenture bonds,
$705,420;4 per cent, debenture bonds, $411,000— total stocks and bonds, $26,867,420.
Contra : Cost of road and property, $27,857,343.

The first mortgage bonds are part of an issue of $8,634,000, are dated April 1. 1890, and
due July 1, 1937. Interest guaranteed by the Southern Pacific Co., payable January and
July, in New York, N. Y. The bonds are for $1,000 each, in coupon form with provision for
registration. They are additionally secured by a trust indenture between Frederick P. Olcott,,
the Central Trust Co., New York, and the Southern Pacific Co., dated April 1, 1890, arid i elat-
ing to certain lands therein described. The remaining bonds of this issue are held against a
claim of the State of Texas upon the first 75 miles of the railroad. Trustee, Central Trust
Co., New York, N. Y.

The consolidated mortgage bonds are part of an issue of $5,068,000 ; dated April 1, 1890,
and due October 1, 1912. Interest guaranteed by the Southern Pacific Co., payable April and
Oc'ober, in New York, N. Y. Bonds are for $1,000 estcb, in coupon form with privilege of
registration. They are further secured by a trust indenture between F. P. Olcott, the Far-
mers' Loan and Trust Co., and the Southern Pacific Co., dated April 1, 1890, and relating to
certain lands therein described. The remaining bonds of this issue are held as collateral
security for the general mortgage bonds. Trustee, Farmers' Loan and Trust Co., New York,
N. Y. '

The general mortgage bond* are dated April 1, 1890, and mature April 1, 1921. Interest
guaranteed by the Southern Pacific Co., payable April and October, in New York, X. Y.
Bonds are for $1,000 gold each, in coupon form, with privilege of registration. They are
further secured by a trust indenture between Frederick P. Olcott, the Metropolitan Trust Co.,
of New York, and the Southern Pacific Co,, dated April 1, 1890, relating to certain lands
therein described. Trustee, Metropolitan Trust C'o. , New York, N. Y.

The debenture bonds are dated April 1, 1890, and mature October 1, 1897. Principal and
interest guaranteed by the Southern Pacific Co., payable April and October, in New York
City. Par value, $1,000. Bonds are coupon with privilege of registration.

Annual meeting, at Houston, Tex. ; no fixed time. Transfer books close sixty days pre-
viously, and stock owned then may be voted at the meeting. Registrar of stock, Central
Trust Co., New York. Stock and bonds listed on the New York Stock Exchange. The first
mortgage bonds and the consols may be called tor redemption at 110 with proceeds of land
gales.

Directors. — Chas. Dilliugham, E. W. Cave, Jno. J. Atkinson, Julius Kruttschnitt, W.
G. Van Vleck, Geo. A. Quinlan, Daniel Ripley, J. G. P. Sumner, Houston, Tex.

CHARLES DILLINGHAM, President Houston, Tex.

Secretary— H. Hall Houston, Tex. | Treasurer— E. W. Cave. Houston, Tex.

PRINCIPAL OFFICE AND ADDRESS Houston, Tex.

Transfer Office 23 Broad Street, New York, N. Y.

HOUSTON BELT AND MAGNOLIA PARK RAILWAY COMPANY.

Line of Road. — Fannin St., Houston, Tex., to Magnolia Park and deep water at

Constitution Bend at Port Houston, Tex., on Buffalo River 6 miles.

Sidings, 0.31 mile. Gauge, 4 ft. 8| in. Rail (steel), 50 and 56 Ibs.

History.— Chartered April 2, 1889 ; road built in 1890. This is a belt line connecting
the railroads at Houston with each other and with deep water at Constitution Bend <>n
Buffalo River. In 1891 this road was placed in the hands of a receiver.

POOR'S MANUAL OF RAILROADS. 275

Kollinir Stock, June 30, 1891.— Locomotive engines, '2. Cars (passenger), 5.
Operations for year emfmg June 30, 1891.— Train mileage— passenger, 4,700; freight,
21— total. 4,1-21 miles. Passengers carried. 18,000 ; carried one mile, 90,000. Earnings—
passenger— $3,608.76 ; other, $97.50— total, $3,706.26. Operating expense?, $3,449.82. Net
earnings. ,$256.44.

Financial Statement.— Capital stock authorized, $150,000 : par, $100. Funded debt
consists of 1st mortgage 6 per cent. 20-year $1,000 gold coupon bonds, dated January 1,
1890, interest January and July, in New York City ; authorized, $150.000 ; outstanding,
$60,000.

Annual meeting, first Wednesday in April, at Houston, Tex. Voting power attaches to
stock after 30 days' ownership. Trustee of bonds, Houston Land and Trust Co., Houston,
Tex. Registrar of stock, S. B. Strong, Secretary.

Directors (elected July 3, 1891).— J. Waldo, St. Louis, Mo. ; William Brady, New York,
N. Y. ; T. D. Cobbs, T. W. House, S. K. Dick, R. B. Morris, C. H. Milby, Houston, Tex.

JAMES A. BAKER, JR., Receiver Houston, Tex.

J. WALDO, President St. Louis, Mo.

T. D. Cobbs, Vice-President Houston, Tex.

. /•— R. B. Morris Houston, Ter. | Secretary— S. B. Strong Houston. Tex.

PRINCIPAL OFFICE AND ADDRESS Houston, Tex.

HOUSTON, EAST AND WEST TEXAS RAILWAY COMPANY.

Line of Koad. — Houston, Tex., to the Sabine Rive* 192 miies.

Sidings, etc., 14 miles. Gauge, 3 ft. Hail (steel, 136 miles), 35, 40, and 60 Ibs.

History. — Chartered March 11, 1875, and road opened to the Sabine River about Deom-
ber 1, 1885. Receiver appointed July 8. 1885. Default was made November 1, 1886. A
sale was ordered for March 11, 1890, but it was prevented by a stay of proceedings.

Rolling Stock, June 30, 1891. — Locomotive engines, 18. Cars — passenger, 7 ; baggage,
etc., 3 ; freight (box, 91 ; stock, 3 ; platform, 337 ; caboose. 9), 440; other, 23— total, 473.

Operations for year ending June 30, 1891. — Train mileage — passenger, 140,160 ; freight,
205,249 ; switching, 54,099 ; construction and other, 53,390 — total . 452,898 miles. Passengers
carried, 99,899. Tons freight moved, 183,728. Earnings— passenger, $71,514.49 ; freight,
$34^.181.61 ; mail, $13,332.60 ; express, $9,961.24 ; other. $11.524.06— total, $454.514.
Operating expenses — transportation, $132,162.88 ; motive power and car-, $55,291.42 ; main-
tenance of way, etc., $129,775.43; general, $25, 259. 9'2— total, $342,489.65. Net earnings,
$112,024.:J5. Payments: Tax^s, $12,493.76; permanent improvements, $40,104.40— total,
$52,598.16. Balance, surplus, *59,426.19.

Financial Statement, September 30, 1889.— Capital stock (authorized, $10,000,000),
^1,.)()0,000; funded debt, 1st mortgage 7 per cent. 20 year bonds, due May 1, 1898, interest
May and November, $1,344,000; unpaid coupons, $392,280 ; other liabilities, $800,000— total
liabilities, $4,036,280. There are also $750,000 second mortgage 6 per cent, land grant 30-year
bonds, due January 1, 1913, which are pledged to secure a loan of the late President Paul
Bremond.

The following additional information has been furnished to the MANUAL :

" The books in the hands of the receiver show that only 5 shares of the stock have been
issued, and they for a nominal consideration to qualify directors. The rest of the share
capital was held by Paul Bremond at the time of his death, but it was never regularly issued
to him."

SHREVEPORT AND HOUSTON RAILWAY.-Shreveport, La., to Loganpport, La., 40 miles.
anized early in 1884 ; road completed about September. 1885, and the connection made with the Houston, Eaet
id West Texas Ry. January 26. 1886. The entire line from Shreveport. La., to Houston. Tex., 232 miles, is oper-
as one line, but under different companies in Louisiana and Tt-xas. (See MANUAL for 1888. pare 769.) In
member, 1891, the name of the company was changed to the Houston and Shreveport Ry. Co. Locomotive
Kines, 2. Cars— passenger, 1 ; freight (box, 10 ; flat, 25), 35. The approximate gross earnings of the road for
88 were $60,000. Capital stock. $400,000; funded debt, first mortgage 6 per cent. 30-year $1,000 coupon bonds

276 POOR'S MANUAL OF RAILROADS.

•due July 1, 1914, interest payable January and July, $400,000 ; unfunded debt, $100,000— total stock bonds and
debt, $900,000. Directors: Joseph Richardson, M. C. Hawley, J. C. Chew, Austin Gallagher New York N' Y •
E. L. Bremond, Houston, Tex.; S. B. McCutcheon, S. T. De Milt, Shreveport La. Officers • E L BKKMOND'
President, Houston. Tex. ; S. B. McCutcheon, Vice-President; S. T. De Milt, Secretary, Shreveport La. • M G*
Howe, Receiver and General Manager, Houston, Tex.

Board of Directors, Houston, East and West Texas Ky. Co.

T. W. House ............................ Houston, Tex. I W. M. Rice . Houston Te*

E. P. Hill «

...
James Appleby ............................... Houston, Tex.

M. G. HOWE, Receiver and General Manager ............... Houston, Tex.

T. W. HOUSE, President and Treasurer . . ................ Houston, Tex.

E. Dargan, Secretary and Auditor ......................... Houston, Tex.

RECEIVER'S OFFICE AND ADDRESS ............................... Houston, Tex.

HUDSON SUSPENSION BRIDGE AND NEW ENGLAND RAILWAY CO.

History. — Chartered April 27, 1868, to build a bridge over the Hudson River near Peeks-
kill, and approaches extending two miles from each end of the bridge. Charter amended
subsequently, authorizing extensions westerly to Turner's, southwardly into New Jersey, and
eastwardly to the Connecticut State line. The company was reorganized in January, 1888,
and since then the work has been actively pushed forward. The foundation of the bridge
tower on the east bank of the river is completed, and that on the west bank is well under
way. Work upon Bull Hill tunnel, to penetrate the ridge intervening between the river
and Turner's, was commenced in 1889, and has been carried on since. The bridge and rail-
road when completed will form a connecting link between the great trunk lines west of the
Hudson River and the railroad system of New England, and by the New York and Northern
make a connection with New York City. Traffic contracts to endure for fifty years have been
made between this company and the New York and New England, the Lehigh Valley, the
Lehigh and Hudson River (embracing the Philadelphia and Reading and the Central RR. of
New Jersey), the New York, Susquehanna and Western, the New York and Northern, and
the New York, Ontario and Western Railroad Companies. The contract with the New York
and Northern secures direct entrance into New York City.

Financial Statement.— Capital stock, $10,000,COO ; funded debt, 1st mortgage 5 per
cent. 50-year gold bonds, due February 1, 1938, interest payable February and August,
$10,000,000— total stock and bonds, $20,000,000. Trustee of bonds, Atlantic Trust Company,
New York, N. Y.

EDWAKD W. SERRELL, Chief Engineer and President. . . .New York, N. Y.
Secretary— George O. Beach New York, N. Y. | Treasurer— William Ladd New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS .38 Wall Street, New York, N. Y.

HUMESTON AND SHENANDOAH RAILROAD COMPANY.

Line of Road. — Humeston, la., to Shenandoah, la 112.53 miles.

Sidings, etc., 8.50 miles. Gauge, 4 ft. 8£ in. Rail (steel, 9 miles), 56, 57, and 60 Ibs.

History.— Incorporated February 12, 1881. Road opened November 18, 1882. From
Van Wert to Humeston, 17.08 miles (included above), the tracks of the Koekuk and Wes-
RR. are used under contract. This road was built and is owned and operated jointly by
Chicago, Burlington and Quincy, and the Wabash RR. Companies, which pay as rental ill-
interest on the company's bonds.

Rolling Stock, June 30. 1891. — Locomotive engines, 18. Cars — passenger, 2 ; baggage,
etc., 2; freight (box, 12; platform, 20; stosk, 16 ; coal, 20; caboose, 8), 76— total cars, 80.

POOR'S MANUAL OF RAILROADS.

277

Operations for year ending June 30, 1891 (95.45 miles). — Train mileage — passenger,.
72.S54: freight, 107.191; other, 17,012— total, 197,057 miles. Passengers carried, 45,195 ;
carried one mile, 1,204,268 ; average mile rate, 2.53 cents. Tons freight moved, 126,252 ;
moved one mile, 9,389,115; average ton-mile rate, 1.42 cents.

Expenses.— Transportation $58,421 17

Motive Power 9,433 20

Maintenance of Cars . . 5,902 38

Maintenance Way & Buildings. . 57,249 08
General . . . 10,253 48

•ami nirs. Passenger $30,497 30

Freight 133.218 34

Mail 6,78452

Express 2,71200

Miscellaneous... 1,70845

Total ($1,832.59 per mile) $174,920 61 Total ($1,479.93 per mile) $141,259 31

Net earnings (18.24 per cent), $33,661.30. Payments : Rentals leased lines, $12,000 ;
taxes, $8,659.69— total, $20,659.69. Balance, surplus, $13,001.61. Surplus from last year,,
$35,510.26 ; total surplus as per general balance sheer, $48,511.87.

Cost of Road. Equipment, etc ............. $6,719.3-27 45

Materials and Fuel on Hand ............... 16,819 46

General Balance Sheet, June 30. 1891.

Capital Stock $4,026.000 Otf

FundedDebt 2,684,00000

Current Accounts and Cash

Total Assets

27,539,69

?6.763.(586 60

Profit and Loss
Local Aid. .

Total Liabilities...

48.51187
5.17473

Funded d*bt consisted June 80. 1891. of 1st mortgage 7 per cent. 30-year xl,000 coupon
bonds, dated April 1, 1881, due March 31, 1911, interest payable January 1 and July 1. and
secured by mortgage on line from Van Wert to Shenandoah, la.. 95.45 miles, and on
equipment. Annual meeting, second Wednesday in April, at Huraeston, la. Trustees of
bonds, Win. J. Ladd and John T. Terry. Interest payable at New York, N. Y., and Boston,
Mass., one-half each.

Directors (elected April 8, 1891). — James F. How, George S. Grover, Charles M. Hays,
St. Louis, Mo.: W. W. Baldwin, H. B. Scott, H. E. Jarvis, Burlington, la.

W. W. BALDWIN, President Burlington, la.

Trfat'Ttr — James F. How St. Louis, Mo. I Sec. & Gen. Manager — E. C. Murphy . . .Clarinda, la.

Auditor tf- Asst. Treas.—3. H. Ells Clarinda, la. | Gen. Tkt. &Fgt. Ag(.—H. S. Nelson

PRINCIPAL OFFICE AND ADDRESS Clarinda, la.

HUNTINGDON AND BROAD TOP MOUNTAIN RR. AND COAL CO.

Main Line of Road. — Huntingdon, Pa., to Mount Dallas, Pa 45.00 miles.

Branches : Shonp's R'n, 9.50; Six J/. R'n, 4.00; Sandy R'n, 2.70; Long's R'n, 3.19.20 miles.

Total length of lines operated, June 30, 1891 64.20 miles.

Sidings, etc., 18 miles. Gauge, 4 ft. 8* in. Rail (steel, 52.2 miles), 56 to 70 Ibs.

History. — Chartered May 6, 1852; road opened in 1855; extended to Mount Dallas in
1867. (See' MANUAL for 1890.)

Kolling Stock, June 30, 1891.— Locomotive engines, 21. Cars— passenger, 9; freight
(box, 1 ; coal [car trust], 1.325), 1,326 ; caboose, 10; other, 36— total cars, 1,381.

Operations for year ending June 30, 1891. — For train mileage, passenger and freight
statistics, see tabulated statement below. Earnings — passenger, £50.818.37; freight,
$644,971.49 ;mail, $3,947.13: express, $4,645.50; other, $2,241.69— total ($11. 006.61 per mile),
$706,624.18. Operating expenses — transportation, $159,729.98 ; motive power and cars,
£34,242.81 ; maintenance way and structures, $98,274.29; general, $62.725.05 — total
($5,529.16 per mile), $354,972.13. Net earnings (49.76 per cent.), $351,652.05. From this
was paid interest on bonds, $123,455 ; dividends on preferred stock (July. 1890, and January,

L 3 per cent, each), $119,433— total, $242,888. Balance, surplus. £108.764.05.

For statement showing dividends paid since the organization of the company, see
MANUAL for 1891.

278

POOR 8 MANUAL OF RAILROADS.

General Balance Sheet, December 31, 1890

Cost .of Road, Equipment, etc .

Real Estate -

Car Trusts

Materials and Fuel on Hand. . .

Current Accounts

Cash on Hand

Other Assets

Profit and Loss . .

.$5,741,689 40 Common Stock Paid in ($50) $1,371. 750 00

63,018 98 Preferred Stock Paid in < $r>0) l,WO,r>5u 00

. 214.977 50 Funded Debt Outstandii.^ S,280,500 OC

19,569 34 Stock Scrip 1,00500

38,335 26 j Car Trusts 232,081 88

. 136,470 09 ! Bills Payable 40,00000

359,083 01 j Current Accounts and Liabilities 794,931 76

. 13r,670 06

Total Assets $6,710,818 64 j Total Liabilities . .

Statement of operations, etc., for eight years :

....$0.710,818 64

•

1884
Dec. 31.

1885

Dec. 31.

1886

Dec. 31.

1887

Dec. 31.

1888

Dec. 31.

1889

Dec. 31.

1890

June 30.

1891

Juno 30.

Passenger Train Miles

57,780

56,600

57,070

58,130

58,055

88,856

59,733

Freight Train Miles

189.345

216.340

169 060

175 940

227 435

°63 920

3V 816

Passengers Carried

Pas<cii"cr Miles. ... . . .

98,416

1 523,168

83,919
1 425,645

86,637

1 429 307

95.018
1 603,644

86.959
1 466 611

87,699
1 551 477

04,789

1 737 595

95!78|

1 .Hi* 1°8

Freight Moved
B.Top Coal

:95.W)5
193,706

001.301
176,076

892.198
385,797

1,100,528
382.427

1,466,022
385,150

1,544,035
376,801

2,006,675

2,51'.),408

Cumberland Coal ....

394,114

460,289

266,154

438,145

835,604

899.620

All Other Freight .

208,985

264,936

240.247

279.956

245,268

267,614

Freight Miles

•jn i :.•:,' NUT

30 967 114

28 018 643

35 518 988

53 173 058

!'"•> iM'i 447

Gross Earnings . .

ft
333,561

$
371 000

$

379 875

435 425

%
516 000

w

5°3 843

i

642 057

s

it Id 6->4

Gross Expenses. .

157,886

179,291

157,139

175 000

225 807

271 808

2s8 528

.T) 4 ')72

Net Earnings ....

175 725

191 709

222 736

260 4'>5

290 193

25° 035

353 529

Til 'i">°

The funded debt ($2,280,500) consisted December 31, 1890, of the following issues:
1st mtge. ext. 4 per cent. 30-year $500 coupon bonds, due September 30. 1920, interest April and October $41*1.000
2d mortgage 7 per cent. 20-year $500 coupon bonds, due February 1, 1895, interest February and August. '•';
Consol. mortgage 5 per cent. 30-year $1,000 bonds, due April 1, 1895, interest April and October l.i

Stock and bonds listed on Philadelphia Stock Exchange. Annual meeting first Tue -day
in February. Books close sixty days previously. Voting power attaches to stock on sixty
days' ownership. Interest and dividends payable at the Manhattan Life Bidding, Fourth and
Walnut Streets, Philadelphia. Trustees. 1st mortgage, Qirard Life Insurance, Annuity and
Trust Co. of Philadelphia; 2d mortgage, John ("urran and William P. Orbison ; consols,
James Long.

Directors (elected February 3, 1892). — James Long, Jacob Naylor, John Hopkins, Wil-
liam Bault, George H. Coiket. Philadelphia, Pa. ; Samuel Bancroft, Jr., Wilmington, Del. ;
Thomas R. Patton. Philadelphia, Pa; Robert H. Crozer, Upland, Delaware Co., Pa; James
Whitaker, Philadelphia, Pa. ; William II. Shallcross, Lewis A. Riley, Samuel Hellner.

SPENCER M. JANNEY, President Philadelphia, Pa.

Sec. & Treas.—J. P. Donaldson Philadelphia, Pa. | Auditor— Wm. A. Foster Philadelphia. Pa.

PRINCIPAL OFFICE AND ADDRESS Fourth and Walnut Sts., Philadelphia, Pa.

HUNTINGTON AND BIG SANDY RAILROAD COMPANY.-

Main Line of Road.— Ensign Works to Big Sandy River, W. Va 10

Branch ; Ohio River to Chesapeake and Ohio RR. and other branches 3 — 13 miles.

Gauge, 4 ft. 8£ in. Rail (steel), 40 and 70 Ibs.

History. — Chartered April 12, 1890 ; road completed during the past year, conm
the Ohio River RR. with the Norfolk and Western RR.

Rolling1 Stock. — Locomotive engines, 2. Cars — passenger, 6 ; baggage, etc., 2 ; fi«
1 ; other, 2 — total, 11.

Financial Statement, June 30, 1891.— Capital stock ($200,000 authorized), $71,000.
bonds. Cost of road, etc., about $150,000.

Annual meeting, second Tuesday in May.

Directors.— J. L. Caldwell, George F. Miller, Jr., Z. T. Vinson, S. S. Vinson, George

POOR'S MANUAL OF RAILROADS. 279

McKendree, George E. McDonald, Huntington, W. Va. : J. N. Camden, Parkersburg,
AV. Va. ; H. II. Pritcharcl, Catlettsburg, Ky.

Z. T. VINSON, President Huntington \V. Va.

R. H. Pritchard, Vice-Prc*i<l<'nt Catlettsburg, Ky.

-o'., cfe TV.— J. L. caldwell. Huntington, \V. Va. | Chief Engineer— Geo. McKeudree.Huntiiigton, W. Va.
PKIXCIPAL OFFICE AND ADDRESS Huntington. \V. Va.

HUNTSVILLE BELT LINE AND MONTE SANO RAILWAY COMPANY.

Line of Road.— Huntsville, Ala., to Monte Sano, A! a 3.5 miles.

Sidings, etc., 1 mile. Gauge, 4ft. 81 in. Kail (steel), 45 Ibs.

History.— Chartered August 19, 1887, and road opened April 1, 1890. The Belt Line is
not completed. The completed ponion as above is operated only during the summer months.

Rolling Stock, Juue 30, 1891. — Locomotive engine, 1. Cars — passenger, 2; combina-
tion, 1 ; freight, 4 — total cars, 7.

Operations for year ending June 30, 1891. — Train mileage and tr.-iffic operations not
reported. Earnings — passenger, $2,404.78 ; freight. s74i>.5o ; mail and other, $235.20 —
total. $3,446.53. Operating expenses, .$7,000.21. Deficit, $3,553.68.

Financial Statement, June 30, 1890 (latest furnished}. — Capital stock (fully paid upi.
$200.000. Contra: Cost of road, $108.771.24; rolling stock, .$16,228.76 ; real estate and
"buildings, $75,000— total, $200,000. The company lias made an issue of $125,000 first mort-
gage 6 per cent. 20-year $1,000 gold coupon bonds, due August, 1, 1908, interest February
and August ; but none of them have been sold. Trustee. Central Trust Co., New York.

Directors.— J. F. O'Shaughnessy, D. A. Kendall, New York. N. Y. : Milton Humes,
M. J O'Shaughnessy, Arthur Owen Wilson. W. C. Davis, C. H. Crawford. Hunt-viUe, Ala.
J. F. O'SHAUGHNESSY, President 36 Wall Street. Xew Y.-rk. X. Y.

PRINCIPAL OFFICE AND ADDRESS.. ..Huntsville. Aln.

HUTCHINSON AND SOUTHERN RAILROAD COMPANY.

Line of Road. — Hutchinson, Kan., to Kingman, Kan 32 mile?.

Sidings, etc., 1.1 miles. Gauge, 4 ft. 8A in. Rail (all steel), 70 Ibs.

History. — From Hutchinson to Kingman, 32 miles, built in 1889 : extended to State Line.
50 miles, in 1890. An extension south to Denison, Tex., is projected.

Rolling Stock, June 30, 1890.— Locomotive engines, 2. Passenger cars, 2.

Operations for year ending June 3C, 1890. — Train mileage and traffic statistics not
reported. Earnings— passenger, $4,786.18; freight, $12,481.47; mail, $433.36; express.
$300: other, $27.20— total, $18,028.21. Operating expenses, $16,461.40. Net earnings,
$1,567.41. Interest accrued, $3,333.

Financial Statement.— Not furnished. There have been issued $400,000 1st mortgage
5 p^r cent, bonds on the above completed road. Trustee of mortgage. Metropolitan Trust
Co., New York, X. Y. Capital stock authorized and subscribed, $73,200 ; nothing paid in.

Directors (elected May 6, 1891).— Charles H. Davis, A. Clark, George Hubbell, Herman
Tuper, G. R. Duckworth, C. B. Matthews, Cincinnati, 0.; Charles Collins, A. P. Byers,
Hutchinsou, Kan.: E. E. Wise, H. A. Christy, Chicago, 111.; S. R. Darrah, Anthony/ Kan.

H. A. CHRISTY, President Chicago, 111 .

George R. Duckworth, Vice-President Cincinnati, O.

Trtawrer— E. E. Wise Chicago, 111. | Auditor— Herman Teepen Hutchiueo*. Run.

Secretary— Charles H. Davis Cincinnati, O.

PRINCIPAL OFFICE AND ADDRESS . .Hutchinson, Kan.

280 POOR'S MANUAL OF RAILROADS.

ILLINOIS CENTRAL RAILROAD COMPANY.
Main Lines of Road :

Illinois Central 7? 7? • ^ Chicag°. I]1-. to Cairo» 11] 364.73

no* Central RR. . ^ Centr*]ia) Ilh? to Dubuque) Ia 340.77- 705.50 miles.

C., St. L. & N. 0. R R. : East Cairo, Kv., to New Orleans, La 547.79 miles.

BRANCH LINES :

South Chicago Branch : Parkside, 111., to South Chicago, 111 4.76

( Otto to Normal Junction, 111 79.46

. 1 Kempton June, to Kankakee June., Ill 41.80

' ( Buckingham to Tracy, 111 10.00—131.26

Rantoul RR. : West Lebanon, Ind., to Leroy, 111. . 74.43

Springfield Division : \ £ilman *° Springfield, 111 111.47

| Havana to Champaign, 111 131.62

Aberdeen Branch : Aberdeen, Miss., to Durant, Miss 106.26

Yn?nn Divi'tinn • J Jackson, Miss., to Parsons, Miss 115.69

' \ Durant, Miss., to Tchula, Miss 24.67—140.36— 700.16 mile?.

Memphis Division : Memphis, Tenn. , to Grenada, Miss 100.00 miles.

n ( FreePort. HI., to Madison, Wis 61.80

.1 Cedarville Junction, 111., to Dodgeville, Wis . . 57.36

' ( Freeport, 111., to La Vergne, 111 102.98- 222.14 miles.

LEASED LINES :

Dubumie <t- <&VM//I. ( ^ubuqne, la., to Sioux City, la 326.58

rtK^KT* 1 Onawa. la., to Sioux Falls. Dak 155.58

f Cedar Rapids, la., to Manchester, la 41.85— 524.01 miles.

Cedar Falls and Minnesota RR. : Cedar Falls June. la., to Minnesota Line 75.58 miles.

Total length of lines owned, leased, or controlled 2, #75.18 miles.

2d, 3d, 4th, 5th, and 6th tracks, 131.12 miles. Sidings, 569.89 miles. Gauge, 4 ft. 8£ in.
Rail (steel, 2,810.77 miles), 75 Ibs.

History. — Chartered February 10, 1851. Dubuque line opened June 11, 1855 ; through
line to Cairo, September 27, 1856. (See MANUAL for 1889, pp. 439 to 445.)

The charter exempts the company's property from taxation, but in lieu thereof requires
a payment to the State of 7 per cent, of the gross receipts of the original railroad, 705 50
miles. The sum so paid during the years from 1855 to June 30, 1891, inclusive, was $12,707,-
300.41. During the same period the stockholders received $67,042,361.59 in cash dividends.
All the lines of railroad operated by the company in connection with its main lines are
controlled by it nominally under lease or through stock ownership, but are practically parts
of the Illinois Central property. For this reason no separate statements of these lines are
given in the MANUAL. For details of history, reference should be made to the MANUAL '
for 1889 and preceding numbers.

Rolling Stockj June 30, 1891 (including Iowa lines). — Locomotive engines, 547. Cars —
passenger, 283 ; smoking, 38 ; sleeping, 1 ; baggage and smoking, 2 ; baggage, mail, and ex-
press, 88; postal (3 joint), 31; pay, 2; business, 6; instruction, 1; old passenger cars, 11 ;
freight (box, 7,560; stock, 1,098; fruit, 711; refrigerator, 520; flat, 1,025; coal, 4,210 ; i
caboose, 278 ; powder, 4), 15,406 ; work, 157 — total cars, 16,026.

Operations for year ending June 30, 1891 (including Iowa lines). — Gross earnings
from traffic, $17,881,554.77. Operating expenses, $12,761,046.37. Net earnings, $5,120,-
508.40. Add other receipts : Land Department, $34,904.61 ; net income from investments
and miscellaneous profits, details shown elsewhere, $1,154,589.52 — total available revenue,
$6,310,002.53. Payments : Interest and sinking fund, $1,512,425 ; rental, C., St. L. & >'. (V
RR, $1,727,039.32 ; rent of Dubuque and Sioux City RR., $829,169.51 ; dividends (March, 3 j
per cent. ; September, 2 per cent.), $2,250,000— total, $6,318,633.83. Balance, deficit, $8,- j
631.30. Surplus dividend fund, June 30. 1890 ($211,037.35, plus interest on bonds in that
fund $8,520), $219,557.35. Balance to Surplus Dividend Fund (invested in I. C. RR. 4 p. c. j
gold bonds of 1952), and applicable to future dividends, $210,926.05.

Annual meeting in October, at company's office, Chicago, 111. la each of the twenty-
nine years from 1863 to 1891, inclusive, cash dividends upon the entire capital stock were
paid semi-annually, at rates ranging from 4 to 10 per cent, per annum.

POOR 8 MANUAL — ILLINOIS CENTRAL RE. CO.

281

Comparative statement of general operation for the years ended June 30. 1891 and 1890.

WMOI.K LINK.

: Road Operated

of Engines on Pass, and Fght.

Trains and Switching at Stations

".•truing*?

Opt'nition Expenses

Net Earnings, without deducting Rentals

or Taxes

Gross Earnings, per mile of Road

Operation Expenses, per mile of Road. .
Net Earnings, per mile of Road, without,

deducting Rentals or Taxes

a-nings, per mile run

Operation Expenses, per mile run

Net Earning, per mile run, without de-
ducting Rentals or Taxes

YEAR ENDED JUNK

1891.

2,875.18

20,018,384
$17,881,554 77
11,890,366 21

5,991,188 56
6,219 28
4,135 52

2,083 76

1890.

2,875.18

17,242,528
$16,452,022 32
10,365,750 39

6,086,271 93
5,722 08
3,605 25

2,116 83

Increase.

Per cent.

of
Increase

or
Decrease.

Decrease.

2,775,856

81,429,532 45

1,524,615 821

497 20
530 27

16.10
8.(i9
14.71

1.56
8.69

14.71

1.56
6.38
1.19

15.21

$95,083 37

33 07

Surplus Income and Investment Accounts, year ending June 30, 1891.

'Surplus Dividend Fund, June 30, 1890, as shown in last report $211,037 35

Six Months' Interest on $211,000, Illinois Central 4s of 1952 in that Fund, Oct. 1, 1890 4,220 00

Six Months' Interest on $215,000, Illinois Central 4s of 1952 in that Fund, Apr. 1, 1891 4,300 00— $219,55?

jNet Receipts during the year ended June 30, 1891 :

From the Operation of the Railway 5,120,508 40

From the Land Office

From Investments and Miscellaneous Profits (see below)

34,904 61
1,154,589 52

6,310,002 53

$6,529,559 88
Interest on Bonds —

October 1, 189 >, and April 1, 1891, on 6 per cent. Sterling Bonds $150,000 00

January 1 and July 1, 1891, on 6 per cent. Springfield Div. Bonds. . 96,000 00
October 1, 1890, and April 1, 1891, on 5 per cent. Sterling Sinking

Fund Bonds 186,250 00

December 1, 1890, and June 1, 1891, on 5 per cent. Sterling Bonds.. 50,000 00

August 1, 1890, and February 1, 1891, on 5 p. c. Middle Div. Bonds. 48,400 00

January 1 and July 1, 1891. on 4 per cent. First Mortgage Bonds . . . 60,000 00

October 1, I890r and April 1, 18!)1, on 4 per cent. Gold Bonds of 1952 600,000 00

January 1 and July 1, 1891, on Si per cent. First Mortgage Bonds . . 87,465 00

January 1 and July 1, 1891. on 3j- per cent. Sterling Bonds 184,310 00— 1,462,425 00

Qlinois Central 5 per cent. Sterling Sinking Fund Bonds of 1903

drawn for payment 50,000 00

ent of C., St. L. & N. O. RR.—

October 1, 1890, Interest on 8 per cent. N. O., J. & Gt. N. Second

Mortgage Bonds 59,200 00

November 1, 1890, and May 1, 1891, Interest on 7 per cent. C., St. L.

A: X. O. First Mortgage Bonds 96,110 00

December 1, 1890, and June 1, 1891, Interest on 6 per cent. C., St. L.

& X. O. Second Mortgage Bonds. 4,800 00

December 15, 1890, and June 15, 1891, Interest on 5 per cent. C.,

St. L. & N» O. Gold Bonds 826,20000

December 1, 1890, and June 1, 1891, Interest on 4 per cent. C., St. L.

& X. O., Memphis Division, First Mortgage Bonds 130,000 00

December 1, 1890, and June 1, 1891, Interest on 5 per cent. C., St. L.

& N. O. RR. Cairo Bridge Bonds 130,700 00

For Account Contingent Fund Cairo Bridge 49.300 00

January 1 and July 1, 1891, Interest at 4 per cent, on Leased Line

Stock 400,000 00

srling Exchange Premiums 27,655 82

Salaries of Trustees and Others 3,073 50— 1.727,039 32

• Dnbuque and Sioux City RR. Co 829,169 51

lend, March, 1891, on Illinois Central Shares 1,350.00000

lend, September, 1891, on Illinois Central Shares 900,000 00— 2,250,000 00— 6,318,633 83

Surplus Dividend Fund, applicable to Future Dividends, and in-
vested in $210,000, Illinois Central 4s of 1952, and $926.05 cash $210,926 05

282

POORS MANUAL — ILLINOIS CENTRAL RR. CO.

Receipts from and expenses of operating the Illinois Central Railroad, including leased
lines and branches.

Per cent.
1891.

YEAR ENDING JUNE 30.

1891.

1890.

Earnings — Freight

68.006
21.320
2.309
2.035
.340
.229
.085
.231
.686
1.314
.044
.069
.020
.007
.533
.106
.248
2.418

$12,160,600 22
3,812,339 80
412,784 92
363,949 49
60,782 33
40^57 50
15,149 80
41,399 26
122,691 81
234,995 23
7,793 57
12,360 50
3,483 84
1,172 20
95,312 89
18.944 72
44,401 48
432.435 21

$11,335,364 77
3,287,292 22
388,790 09
333,183 10
54,179 19
31,761 30
13,838 50
47,984 76
148,092 96
234,316 13
8,179 45
6,602 00
3,131 55

"'87,229' 42
10,935 27
38,616 45
422,525 16

Passenger

Mail

Express. . . .

Extra Baggage

Transportation of Milk . .

Train Privileges

Sleepin^ Cars

Rent of Property ...

Rent of Tracks

Telegraph Receipts

Demurrage . ... ....

Storage, Dockage, and Cairo Wharf Boat

Team Scale Fees

Switchin^ ....

Compressing Cotton

Railroad Hotel and Eating Houses

Interstate Transfer and Earnings over Other Lines
Total

100.

$17,881,554 77

$16,452,022 32

Expenses. — Maintenance of Way and Structures
Maintenance of Equipment

P. C. of

Earnings .
15.283
10.080
5.819
14.183
9.393
1.215
1.559
.923
1.500
.782
.926
.265
1.029
1.378
.395
.548
.360
.041
.010
.009
.224
.078

$2,732,828 69
1,802,395 73
1,040,667 34
2,536,118 65
1,679,652 08
217,213 91
278,826 69
165,023 47
268,143 33
139,932 93
165,517 88
47,353 04
184,021 88
246,447 94
70,730 98
97,949 20
64,319 05
7,293 45
1,767 63
1,576 19
40,150 71
13,970 50

'88,469" 94

$2,505,499 14
1,483,969 27
854,044 46
2,131,494 02
1,490,571 25
207,376 15
172,195 94
128,623 23
205,543 93
132,619 80
141,011 97
35,579 72
164,515 86
216,865 28
70,083 18
110,532 07
63,759 06
8,564 38
2,196 89
2,810 12
38,54o 65
9,614 91
143,856 60
7,490 00
38,387 51

Passenger Train Expenses

Freight Train Expenses
Station Expenses

Telegraph Expenses

Claims and Damages
Track Service and Switching
Mileage of Cars (Net)

Stationery and Printing.

Outside Agencies

Advertising

Salaries of Officers

Salaries of Clerks

General Office Expenses and Supplies

Legal Expenses

Insurance..

Proportion St. Charles Air Line Expenses.

Operating Mound City Ry
Proportion Belt Line Expenses, Memphis

Railroad Hotel and Eating Houses

Compressing Cotton

Expense Account Southern Flood

Rent of Locomotives, Borrowed
General Expenses . ....

.*495

Total

66.495
4.869

$11,890,366 21
870,680 16

$10,365,750 39
787,669 52

Taxes

Expenses of Operation, including Taxes . ..

71.364

$12,761,046 37

$11,153.419 91

Net Receipts from Operations

28.636

$5,120,508 40

$5,298,602 41

Income from Investments and Miscellaneous Profits. — Receipts: Interest on nionev
loaned, $33,587.65; on Dubuque and Sioux City RR. Co.'s notes, $16,000; on 5 percent,
sinking fund bonds, $340.73; on 4 per cent, gold bonds of 1952, $117,910.96; on C.
& N. O. RR. 5 per cent, gold bonds, $324,318.75; on C., St. L. & N. O. bridge bonds. s!30.
700 ; on N. O., J. & G. N. RR. 3d mortgage bonds, $160 ; on 5 per cent, bonds, D. & S. C. IMi.
$70,650 ; on 5 per cent, bonds, C. & D. RR., $155,000 ; on 5 per cent, bonds, C. R. & ('. KR.
$41,500 ; on account of interest accrued, prior to July 1. 1890, on bonds of C. & D. and ('.
& C. RR. Cos., $139 549.17 ; on bonds of subsidiary lines pledged to secure $15.000.000 Illi
nois Central ($16,350 000 bonds at 5 per cent., $817,500 ; less interest collected from Dubuqu"
and Sioux City RR. Co. as above, $196,500), $621,000; on Soutli Chicago RR. 5 per cent, bonds)
$10,000; on Canton, Aberdeen and NasbvilleRR. Co. note given for bonds cancelled, $12,500

POOR'S MANUAL — ILLINOIS CENTRAL RR. CO.

dividends (on Illinois Central stock, $105,084; on Dubuque and Sioux City stock, $78,828 ;
on Chicago, St. Louis and New Orleans stock, $848; on Dunleith and Dubuque Bridge Co.
stock. $lo6, 120.34 ; on Iowa Land and Loan Co. stock, $7,589 ; on Mississippi Valley Co. stock,
$10. 500), $358,969.34 ; profit (sterling exchange, $12,318.27 ; net premium on bonds sold,.
$6. o.">0 ; sundry items, $2,o41.77), $20.910.04— total, $2,053,096.64. Contra: Interest on
.ayable, $183,244.26; expenses New York office, $71,762.86; fixed charges of sub-
sidiary lines written off, $643,500 ; balance, representing net income from investments and
miscellaneous profits, $1,154,589.52— total, $2,053,096.64.

General Balance Sheet, June 30, 1891.

• at K.r/xn'Hfur-es ($93,07<t.504.38)

Illinois Central RR. .

Springfield Division

Middle Division

South Chicago RR

, Chicago, Havana and Western RR. . , .

Rantoul RR

Chic., Mad. & Xor. RR

Chic.. St. Louis and N. O. RR

L. & X. O. RR.. Memphis Div..
j Canton, Aberdeen and Nashville RR. .

Yazoo and Miss. Valley RR

Cairo Bridge and Kentucky Approach.

I Stocks Owned

! Bonds Owned t

, Materials and Supplies

in Surplus Dividend Fund

; Assets in Insurance Fund

§39,108,144 80
1,600,902 35
1 .433.738 00
235,079 06
1,801,775 49 i
573,879 89 j
9,926,925 55 j
28,210,576 25 ,

3,324,537 76

1,903,323 76 j
2.318.621 47 |
2,643,000 00 I
11,078,786 03
9,479,600 00
958,214 40
210,926 05
5,326 01

Total

.$114,812,356 87

Capital Stock, 111. Central RR. Co $45,000,000 00

Funded Debt, HI. Cent. RR. ($34,034,000):

6 p. c. Sterling Bonds of 1895, £500,000. 2,500,000 00

6 p. c. Spring. Div. Bonds of 1898 1,600,000 00

5 p. c. Sink. Fund Bds. of 1903, £740,000 3,700,000 00

5 p. c. Sterling Bonds of 1905, £200,000. 1,000,000 00

5 p. c. Middle Div. Bonds of 1921 968,000 00

3i p. c. Sterl. Bonds of 1950, £1,053.200 5,266,000 00

4 p. c. First Mtge. Gold Bonds of 1951 . 1,500,000 00

3* p. c. First Mtge. Gold Bonds of 1951 2,499,000 00

4 p. c. Gold Bonds of 1952 15,000,000 00

Past Due Bonds 1,000 00

Capital Stock, C., St. L. & N. O. RR. Co. 10,000,000 00

Funded Debt,C.,St.L.&X.O.RR.($WW\.mY.

7p.c.Bds.of 1897,C.,St.L.&N.O.RR.Co. 1,372,000 00

6p.c.Bds.of 1907. " 80,00000

Sp.c.Gd.Bds.of 1951," " " 11,276,00000

4 pc. Gold Bonds of 1951, Memphis Div. 3,324,000 00

5 p. c. Bridge Bonds of 1950 2,643,000 00

Past Due Bonds

iNet Liabilities

Dividend Payable, September 1, 1891. . .

Surplus Dividend Fund

Insurance Fund

Profit and Loss . .

6,000 00
1,417,138 57
900,000 00
210,926 05
5,326 01
4,543,966 24

Total . . ... $114,812,356 87

Comparative statement of maintenance of way for eight years ending December 31,
1881-88, six months ending June 30, 1889, and two years ending June 30, 1890 and 1891 :

MAINTENANCE OF WAY.

Miles cl
Road
at end of

Labor on

TVortb-

New Kails.

Cross Ties.

Repairs
Bridges.

Other

Total.

Mileage
of

hi

111

Repairs
of
Fences.

Repairs
of Station
Buildings
and

ir&cK.

nemb.

Engines.

Iff

Water
Works.

IT-

$

Tons. $

NO. *

* $

J

Cts.

$

$

881

1,880 35

411,018 91

10,098 47..1C9.71880

345,260 .127.2797*

114,19318' 30.89946

852,610 11

7.006.532

12.16

36.690 33

70.699 68

HI

1.9H865 690,11259. 8.438.00. .128,521 48

604,096. .201,848 26 174.82624 17,27734

1.212.385 91 10.218,008

11.87

31 032 57

87.588 26

Ml

1.92799 742.47620 8.191.79. .183,239 C5

425. 627.. 153. 739 00 ' 121,10103 72,29471

1.272,85050 10.702,152

11 .89 30.084 49

87.291 93

8,066 35

706,75186 6,342.73.. 93,44625

462.665 .154,08319 173.83123 107.23613

1,235.84S6S 10,121.434

12.20

21.394 71

94,122 0:1

1,066 35

749.25* 19 8,747.31. . 87.381 95

508.756.. 176.835 69 164.58639! 88,12628

1.266.13450 11.227,043

11.27

21,932 48

94618 19

*,149 07

705.55382 6.37640.. 63,23884

492.524.. 174,515 72 172.14465: 63.97669

1.17942972 11.619.353

10.15 26.668 91

123.519 83

J355 12

760.09333 6,09266 . 79.91784

573,898 .197.98947 250,33747

61.441 88

1,349.77999 13,557.308

995 31.90546

129.526 76

S.552 55

847,806 67 8,172.36. . 106.372 94

654,141. .214.130 73 310,908 42

115.89804

1.505.116 80 14.S57.053

10.74 40.4!i3 39

170,023 85

404,68524 3,25401.. 44,51753

336.611.. 105.682 10 111.22607

130,34918

796,460 12 7.334.825

10 *5

12,208 79

55,512 68

«80 S 875 18

1.036.595 70 23.998.79. .327,29? t)7

759,955. .247,561 42 380,261 48

204.505 49

2,196,221 76 17,242.528

12.73

42.857 25

183.426 33

?»' 887518

1,133.439 62 14,189.86. .185,538.91

1,247,924.. 41 4.528 06 421.45447

317.57447

2.472.5S553 20,018.3-4

12.35

58.132 10

202,161 06

1 I

Land Office. — During the year ending June 30, 1891, there were sold, 7,118.72 acres of
lonated lands for $38,581.31, the average price being $5.42 per acre. The net receipts of the
;md office were $34,904.61. The total sales of donated lands aggregated 2,458,431.83 acres,
leaving unsold, 135,683.05 acres. There are on hand, bills receivable and contracts for
onated lands and town lots sold, $44,819.50.

284

POOR'S MANUAL — ILLINOIS CENTRAL RR. CO.

Statement of funded debt outstanding June 30, 1891 :

CLASS OF BONDS.

Miles
Incl'ded
in Mtge.

TIME.

Interest.

Amount
Out-
standing.

Annual
Interest.

Date of Issue.

When Due.

Illinois Central RR. Co. :
First Mortgage, Sterling . .

April 1, 1875
April 1, 1874
Feb. 16, 1876
Jan. 1, 1886
Jan. 1, 1886

April 1, 1895
April 1, 1903
Dec. 1, 1905
Jan. 1, 1951
Jan. 1, 1951

P.c.

5

5
4

31-

A. & 0.
A. & 0.
J. & D.
J. & J.
J. & J.

2,500,000
3,700,000
1,000,000
1,500,000
2,499,000

150,000

60,000
87,465

First Mortgage, Sterling, Sinking Fd.
First Mortgage, Sterling

First Mortgage, Gold
First Mortgage, Gold

Total Outstand'g 1st Mtge. of $15,000,000
Sterling Coupon Bonds, £1 053 200

705.50

11 199 000

July 21, 1886
Aug. 1. 1881
Dec. 1, 1877
March 31, 1888

July 1, 1950
Aug. 1, 1921
Jan. 1, 1898
April 1, 1952
April 1, 1875

**. o>u« co

J. & J.
F. & A.
J. & J.
A. & O.

5,266,000 184,310
HW.OOO 48,400
1,600,000 96,000
15,000,000; 600,000
1 000

First Mortgage, Middle Division . ...
First Mortgage, Springfield Division..
Four per cent. Gold Bonds of 1952
Past Due 7 p c Construction Bond**

131.26

111.47

853.87

Total

1,802.10

34,034,000

1,372,000
80,000
16,542,000

1,461,175
96,180
827,100

Chic., St. Louix & New Orleans RR. Co.:
C., St. L. & N. O. RR. Co., 1st Mtge . .
C., St. L. & N. O. RR. Co., 2d Mtge

Nov. 8, 1877
DHC. 1, 1877
March 15, 1881

Nov. 1, 1897
Dec. 1, 1907
June 15, 1951

7
6
5

M. & N.
J. & D.
J. & D.

C., St. L. & N. O. RR. Co., Gold
Past Due—
8 p. c. M. C. RR., due 1881, $100 .
7 p. c. M. C. RR., due 1884, $2,000.
8 p c M C RR due 1886 §1 900

566.16

8p.c.N O ,J.&(it.X due!886 ^2 000

6.000 ..

C.,St.L.&N.O.,lstMtge.Gd.,Mem.Div.
C.,St.L.&N.O.,Reg.lstMtge.Brge.Bds.

Total

100.66
2.27

April 3, 1889
June 2, 1890

Dec. 1, 1951
Dec. 1, 1950

4 J. & D.

5 J. & D.

3,324,000 132,960
2,643,000: 13-2,150

668.43

23,967,000 1,193,050

Grand Total

2,470.53

58,001,000

2,654,225

No more bonds of the C., St. L. & N. O. RR. Co. can be issued under any of the mortgages prior to that of
March 15, 1881. which secures $18,000,000 of bonds, to be issued only as those secured by prior mortgages are can-
celled. Consolidated mortgage bonds are $1,000 each, and coupon with provision for registration. Of the 5 per
cent, gold bonds of the C., St. L. & N. O. RR. Co.. $5,266.000 are owned by the Illinois Central RR. Co.. :ind
pledged to secure £1,053,200 3.V sterling bonds of 1950, leaving only $9,794,000 of the gold 5s actually outstanding.

The " Leased Line Four Per Cent. Stock" of this company, $10.000,000 in amount, was
issued at par in exchange for the stock of the Chicago, St. Louis and New Orleans RR. Co.
A guaranteed annual dividend of 4 per cent., secured by the rental paid to C., St. L. & N. 0.
RR. Co., is paid half yearly, January 1 and July 1.

The 6 per cent, sterling bonds of 1895, the 5 per cent, sterling bonds of 1905, the sterliDg j
sinking fund 5s of 1903, the 4 per cent. 1st mortgage gold bonds of 1951, and the 31 per cent \
1st mortgage gold bonds of 1951 are equally secured by a mortgage dated August 10, 1874,
covering the main line of railroad from Chicago to Cairo, and from Centralia to East Duhuque, \
705.5 miles, given to the United States Trust Co., as trustee. The authorised issue under
this mortgage is $15,000,000 ; actually issued, $12,500,000 ; retired by sinking fund and oan-
celled, $1,301,000, leaving outstanding, $11,199,000.

The Springfield Division bonds are for $1,000 each. Total authorized issue, $2,000,000 ; j
actually issued. $1,600,000. Trustees, George S. Bowdoin and Stuyvesant Fish.

Tlie Middle Division Ists are registered currency bonds for $1,000 each, secured on the
Kankakee and Southwestern RR., 131.26 miles. Total" authorised issue, $1,000,000 ; actually
issued, $968,000. Trustees, L. V. F. Randolph and Stuyvesant Fish.

The 3| per cent, sterling bonds of 1950 are for £200 each, and are secured under a trust |
agreement, dated July 21, 1886, between the RR. Co. and the United States Trust Co. of
York, and are part of an authorized issue of $9,000,000 of $1,000 or £200 per bond, or
for $1,000 and part for £200, interest not to exceed 4 per cent. Bonds are secured by a
deposit of an equal amount of 5 per cent, gold bonds of Chicago, St. Louis and New Orleans
RR. Co., secured under its mortgage of March 15, 1881, which are to be delivered to tl
holders of the 3£ per cent, bonds in case of default. In the trust agreement it is provided
that no mortgage shall be made on the Illinois Central RR., or the Chicago, St. Louis

POOR'S MANUAL — ILLINOIS CENTRAL RR. CO.

285

• rleans RR. until the 3£ per cent, bonds are secured by a mortgage on those reads.
Principal and intere>t of the above €1,000,000 of bonds payable in London.

The 4 per ctnt. gold bonds of 1952 are of the denominations of $1,000 and $500 each, Nos.
1 to i;*,000 being for $1,000 each, and Nos. 13,001 to 17,000 being for $500 each.; interest
payable in New York. Trustee, United States Trust Company of New York.

They are secured by deposit of £16,350,000 1st mortgage 5 per cent, gold bonds of sub-
sidiary lines, as shown in the following statement.

Bonds pledged as security for $15,000,000 Illinois Central 4 per cent, gold bonds of 1952 :

CLASS OF BONDS.

Miles included
toMtg*.

TIME.

INTBREST.

Date of
Issue.

When
Due.

T?0f« When
***** • Payable.

Amount
Out-
standing.

Annual
Interest

( 'anton. Aberdeen & Nashville RR. Co.
Yazoo & Mississippi Valley RR. Co. .
Chicago, Havana & Western RR. Co..
Chicago. Madison & Northern RR. Co.
Rautoul RR. Co

87.89
14(1.36
131.62
222.14
74.43
155.58
41.85

D«c. 1, 1887 Jane 1, 1952
Dec. 1, 1887 June 1, 1952
Dec. 1, 1886lDec. 1, 19-46
Mar. 30. 1888 Dec. 1, 1935
July 1, 1887 June 1, 19*27
Mar. 1, 1888 Dec. I, 1935
Feb. 1, 1888 Dec. 1, 1935

p. c.
5 June & Dec.
5 June & Dec.
5 June & Dec.
5 June & Dec.
5 June & Dec.
5 June & Dec.
5 June & Dec.

1,750,000
2,800,000
2.500.000
4,370.000
1.000,000
3,100,000
830,000

s

87.500
140,000
125.000
218,500
50.000
155^000
41,500

Cherokee & Dakota RR. Co. .
Cedar Rapids & Chicago RR. Co. .

Total

853.87

16,350,000: 817,500

The holder of any coupon bonds may have the ownership of such bonds registered on the
books of the company, such registry being noted on the bond, after which no transfer shall
be valid unless made on the said books by the registered holder in person, or by his attorney
duly authorized, and noted on the bond, but the same may be discharged from registry by
being in like manner transferred to bearer, after which it shall be transferable by delivery.
Any coupon bond, whether so partially registered or not. is convertible into a registered bond,
at the option of the holder, upon surrender to the company, for cancellation, of all the coupons
attached thereto not then due. Registered bonds are transferable only on the books of the
compnny, and the interest there m serai-annually, and the principal thereof, when due, shall
be payable only to the registered holder thereof, or his legal representatives or assigns. A
registered bond is not convertible into, or exchangeable for, a coupon bond. The bonds are
transferable and registerable at the office of the company in New York.

Exclusive of interest, the sum of money advanced by the Illinois Central Company to

| the above named companies for the construction and equipment of their railways exceeds

1 $16,350,000.

The 1st mortgage bonds of the C., St. L. & N. O. RR. Co. are a first lien on the line from

;East Cairo, Ky , to New Orleans, La., 547.30 miles, and branch from Durant to Kosciusko,.
Miss., 18.86 miles. About $540,000, numbered from 1 forward, are prior lien, known as
"Tennessee Lien " bonds. The '2d mortgage bonds are secured on the same road. Bonds of
both issues are in coupon form, for $1,000 each. Trustees — of firsts, Adolph Schreiber,
James Fentress, and Lewis V. F. Randolph ; of seconds, W. K. Ackerman and Stuvvesant
Fish.

The gold 5* of 1951 are secured on the same road, but are subject in lien to the above de-
scribed 1st and 2d mortgage bonds. The authorized issue is $18.000,000, and a sufficient
amount is reserved to discharge prior liens. Interest is payable June 15 and December 15,
and is guaranteed by the Illinois Central RR. Co., the guaranty being endorsed upon each
bond. The bonds are for $1,000 gold each, in coupon form, but the same conditions as to
registration apply to these as to the Illinois Central bonds. The same is true of the Memphis
Division bonds, noted below. Trustees, Lewis V. F. Randolph and Lynde A. Catliu New
York, N. Y.

Tht Memphis Dirisi,,,,. bonds are secured on the line from Memphis, Tenn., to Grenada,
Iiss., 100.49 miles. The bonds are for $1,000 gold ea«h, in coupon form, with provision for
registration. Trustee, United States Trust Co., New York.

286

POOR'S MANUAL — ILLINOIS CENTRAL RR. GO.

The bridge bonds are secured on the Cairo Bridge and approaches, 2.27 miles. Author-
ized issue, $3,000,000. Trustees, Stuyvesant Fish and Walther Luttgen, New York, N. Y.

The following statement shows the stocks and bonds owned by the company on June 30,
1891, and the valuation of the same upon the books of the company :

STOCKS.

Illinois Cen. Stock and Scrip. . . $3,503,225
Leased Line Stock, I. C. RR. Co.

C., St. L. &N. O. RR. Co

Chicago & Springfield RR. Co..

Mound City RR. Co

Dubuque & Sioux City RR. Co..
Iowa Falls & Sioux City RR.Co.
Dunleith & Dubuque Bridge Co.
Hope Oil Mill Comp. & Mfg. Co.

Iowa Land & Loan Co

Mississippi Valley Co

Holly Springs Comp. & Mfg. Co.
Mississippi and Tenn. RR. Co. .
Miscellaneous

Total $12,967,350 $11,078,786 | Total $9,479,600 $9,479,600

Statement of cash dividends paid from 1863 to 1891 :

$3,503,225
11,000
10,200
25,000
25,000
7,917,800
7,700
1,000,000
7,500
92,400
300,000
5,000
43,700
18,825

Book
Value.
$3,503,225
11,000
10,200
25,000
3,000
5,954,665
3,850
1,373,990
5,750
92,400
47,000
5,COO
43,700
6

BONDS.
I Cent £ s. f. bonds

Par

Value.
$7,000
1,222,000
62,000
. 2,643,000
74,000
600
1,531,000
10,000

$5,549,600~

3,100,000
830,000

Book
Value.
$7,000
1,222,000
62,000
2,643,000
74,000
600
1,531,000
10,000

$5,549,600

3,100,000
830,000

I.C. gold 4s of 1952....
C., St. L. & N. O. gold 5s of 1951
C., St. L. & N. 0. gold 5s Bdg. bds
Memphis Div. gold 4s of 1950. .
Mis. Cent. 2ds (part due)
D. & S. C. gold 5s of 1938
Riv. View Hotel bonds

BONDS PLEDGED.
C. & Dak. 5s..
C. R. & C

1863
1864
1865
1866
1867
1868
1869
1870

$973,555 95
1.665,830 95
2,236,584 21
2,459,678 96
2,460,731 58
2,461,568 42
2,660,247 37
2,594,391 59

1871
1872
1873
1874
1875
1876
1877
1878

$2,726,558 98
2,537,760 00
2,547,930 00
2,165,533 79
2,319,476 00
2,320.000 00
1,160,000 00
1,740,000 00

1879
1880
1881
1882
1883
1884
1885
1886

• $1,740,000 00
1,740,000 00
2,030,000 00
2,030,000 00
2,900,000 00
2.320,000 00
2,320,000 00
2,030,000 00

1887
1888
1889
1890
1891

$2,450,000 00
2,400,000 00
2,400,000 00
2,400,000 00
2,250,000 00

$64,039,847 80

Dividend days, March 1st and September 1st. Transfer books usually close about twenty
days in advance of dividend payments and about thirty days before annual meeting, reopen-
ing about four or tive days after dividends and two days after meeting. Capital stock, $45,-
000,000, and all the dollar bonds are listed at the New York Stock Exchange. They are also
dealt in at London, Amsterdam, and Frankfort, and bonds of various issues are quoted at
Dublin, Glasgow, Liverpool, Leeds, Sheffield, and Birmingham.

1. Abstract of General Balances. — A. ASSETS.

YEAR.

Permanent
Expendit's.

Materials

& Supplies.

Net

Cash Assets

Miscellanys

As'ts & Inv.

Insurance
Fund.

Securities
Owned, etc.

Total

Assets.

1882— 31st December. . . .
1883— 31st December
1884— 31st December
1885 -31st December....
1886— 31st December
1887— 31st December
1888— 31st December
1889— 30th June . .

65,286,651
67,817,356
68,429,109
68,672.772
72,349^280
86,546,255
81,331,626
85,262,261
89,888,699
93,079,504

$

841,976
532,566
483,467
484,685
o49,898
792,543
, 802,105
810,316
1,023,326
958,215

10,701,555
5,637,168
4,871,745
4,377,915
9,341,295
5,770,789
10,047,434
5,617,290

$

65,185
64,829
37,486
24.307
65;649
14,042

$

$
76,895,367
74,051,919
73,821,807
73,559,679
82,306,122
93,123,629
107,752,576
111,271,799
110,118,830
114,812,357

•••••••••••

163,537
202,227
211,037
210,926

20,664
41,605
109,079
5,326

15,387.210
15,338,100
18,886,689
20,558,386

1890— 30th June
1891— 30th June

2. — Abstract of General Balances. — B. LIABILITIES.

YEAR.

Capital
Stock.

Funded
Debt.

C.,St. L. &

N. 0. RR.
Stock and
Bonds.
1882-1890.

Insurance
Fund.

Dividends
Declared.

Surplus
Dividend
Fund.

Net Lia-
bilities.

Surplus and
Income
Accounts.

Total
Liabilities.

1882

29 000 000

$
9 831 000

28 000 000

65 185

1 160000

$

$

8 839 182

76 895 367

1883

29'000000

10,145 000

28,000000

64 828

1,740,000

5,102,091

74,051,919

1881.

29,000,000

10.085,000

28,000,000

37,487

1,410,000

5,289,320

73,821,807

1885

29 000 000

10 036000

28 000000

24 307

1,160000

5,339,372

73,559,679

1886.. .
1887

29,000,000
40 000 000

18,971,000
18 926 000

28,000,000
28 000 000

65,649
14 041

1,015,000
1 400 000

5,254,473

4 783 588

8-2,306,122
93 123 629

1888.. .
1889

40,000,000
40 000 000

34,138,000
34 134 000

28,000,000
31 250 000

20,664
41 605

1 ,000,000
1 200 000

163,537

202 228

4,430,375
4,443,966

107,752,676
111,271.799

1893. .
1891.. ..

40,000,000
45,000.000

34,084,000
34.034,000

28,578,000
28,701,000

109,079
5,3-26

1,200.000
900.'0!X)

211,037

210.926

1,442,748

1,417.13!)

4,493,966
4,643,963

110,1 18 ,830
114.812.357

POORS MANUAL — ILLINOIS CENTRAL RR. CO.

287

3 — Statement of traffic operations for seven years (1882-1888) ending December 31 ; six
montfis (1889) and two years (1890-1891) ending June 30 :

YEAR.

Miles
Railroad
Operated .

TRAIN MILEAGE.

Total
Engine
Mileage.

PASSENGER TRAFFIC.

FREIGHT TRAFFIC.

Passenger

Freight.

Passenger

Movement.

Rate.

Tons.

Movement.

Rate.

MBS....
HM....

1885....
1886....
1887*...
1888*...
1889*...
1890*. .
1891*...

Miles.
1.350.35
1 927 99

Kite.

1.9:3.703
2.926 236

Miles. Miles.
3,474.567: 7,042,058
5.494.789! 10.702.152

4.340,211
4.354.033

Miles
85,331,954
113.332.918
123,585,470
129,027,769
114.582.636
122,790,264
134.532.800
76,303,058
158,167,606
183,875.079

Cts.
2.39
2.42
2.23
2.21
2.21
2.26
1.75
1.67
2.08
2.07

No
2,909,578
3.538,562
3,454,085
3,587,270
4,051,823
4,910,248
5.266.187
2,668.280
6,359,729
6,948,867

Miles.
417.792,652
604,632,667
r,77..>42.939
ti23.369.124
719,928,008
830.970,523
963,929,719
474,825.270
1.189.282,889
1,302.002.213

1.42

1.43
1.37
1.31
1.16
1.09
0.95
1.03
0.95
0.93

2,000.00
2.066.35
2.089.39
2,355 12
2,453.84
2.874.69
2.875.18
2.875.18

3.181,625 4,801,182 10,121,434 4.848,140
3.625.349 5.381,046 11,227.043 5,312.759
3.510;086i 5.S24.040 11.619.353 6,112,110
3,875,276 7.082.688 13,557,308 6,949.852
3,936,162 8.093.896 14.857,053 7,184,691
2,192,575 3,803.436' 7,334.825 3,688,336
4,771,534 9.100,847 17,242,528 8,207,213
5,805,488! 10.088.055' 20,018,384 10,108,375

4. — Statement of income, expenses, and payments for ten fiscal years.

\

Fixed

Receipts from
Operation.

Expenses of
Operation.

Income.

Per-
manent
Improve-

Charges
including Yearly
Interest ^ t 3
& Rent*

Dividend
Per Shai
of $100.

ments

and after

Earnings

Per

Net

Expend-

1888.

$50,000

cable to

Amount.

Mile
Per
An-

Amount.

Per
Cent.

Receipts
from
Opera-

Other
Income.

Total.

p'd from
Income.

Per
Annum
Sinking

dends.

1

|

num.

tion.

Fund.

~

1,320

8.905,312

6,?46

3,998,566

44.91

$

484,750

4,421,996

327,557

4,749,553

1,271,451

1,292,227

2.1x5.875

7853

1.908 13.064,7431 6,776 6.435,271
2,000 12,190,883 6.095| 6,128.511
2.066 12,621,264 6,109' 6,626,629
2,089 12.529.493: 5,9981 6,540,704

49.25
50.27
52.50
52.20

559,980 6,069,492; 500.2S5
545,969[ 5,516.353 310,174
556,073 5,438.562) 167,913
575,459 5.413.330 249,514

6,569,727 632,530
5,826.527| 585,081
5,606,475| 548,859

5.662.844 615.926

2,880,288 3.056,909
2.784,216 2.457,230
2.737.564| 2,320,052
3,008,3261 2.038,592

10 54
8 47
8 00
7 03

1C

8

-

2.255 13.033.384 5,780 7,011,019

53.97

631,814' 5.390.551! 535.410! 5,925.961

583.377

2.759,009' 2.583,575

6 46 7

1,953 11.S22.477 6.053 7,147,342

60.47

607.263 4.067,872 730,204j 4.798,076

220,781

2.450,114! 2.127,181

5 32 6

2.275 6,430,830 5,654 3,703.686

57.59

323.686 2,403.458 421,356 2,824.814

100,411

1,485,713! 1,238.690

3 10 3

2.275. 14,448,006 6,351 8.855,773

61.29 709.3324,88-2.901 761.20515.644.106

213,415 3,021.880j 2.408,811

6 02 6

391*

17,881,555

6,219 11,890-366

66.49; 870,6801 5,120,508 1-189.494

6,310,002

,.4,068.6342.241.368 4 98 5

5. — Capital stock, funded debt and fixed charges per mile per annum.

! Fixed Charges, including
Interest. Sinking Fund.

Funded Debt, in-

Fixed anc^ Rects, les^ Profits of

YEAR.

Miles.

CAPITAL

STOCK.

cluding Leased
Line Stock
Guaranteed.

Charges
incl'ding
Interest,
Sinking
Fund,

New York Office, which
are chiefly Interest on
Bonds, and Dividends on
Stocks, owned by the Com-
pany.

and
Rents.

Per Mile

Amount.

Mile.

Amount.

Mile.

Amount.

Per
Annum.

Year ending Dec. 31, 1882

1,320

S
29,000,000

2070

$

9,831,000

9

$
1,342,227

1,142,178

i«

1883
18S4
1885...
1886.. ..

!-

Half year ending June 30. 1889*
Year ending June 3(>.
" 1891*....

1,928 29,000,000 15,041
2,000 29,000,000; 14,500
2.066 29,000,0001 14,037
2,089 29,000,000 13,882
2,255; 40,000,000! 17,738
1,953 40,000,000! 20,481
2,27540,000,000 17,582
2.275 40,000,000 17.582
2.275 -15.000,000 19,780

38,145,000
38,085,000
38,036.000
46,971,000
46,926,000
62,138,000
65,384,000
67,928,000
62,735,000

19,785
19,043
18,410
22,485

20.810
31,817
28,740

29,858
27,575

8,880,288

2,784,216
2,737,564
3.008,326
2,759,009
2,450,114
1,485,713
3,021,880
3,239,464

2,527,483
2,561,224
2,625,567
2,860.933
2,269,774
1.753,557
1,080,982
2,298,854
2,914,044

1,311
1,281
1,271
1,370
1,007
898
950
1,010
1,281

i

u-t n>n s of traffic operations given in table No. 3 cover the entire mileage
*'! l\n^:.Pnt the earnings, etc.. of the latter lines are not included in table No. 4
nor in table ^o. 5 from October 1. 1887 to June 30, 1891.

operated, i/tcf>/ding the
from October 1. 1887 to

288 POOR'S MANUAL — ILLINOIS CENTRAL RR. co.

EXTRACT FROM THE COMPANY'S REPORT FOR 1891.

" In order to simplifjr the accounts and to reduce expenses, this company has leased from the Dubuqiie and
Sioux City Railroad Company its railway, 524 miles in length, together with its interest in the Ceder Falls and
Minnesota Railroad, 76 miles in length, for a term of sixteen years from July 1, 1890, reserving the right to ter-
minate the lease on short notice.

" The only liabilities assumed by the Illinois Central Railroad Company are to operate and maintain those
railways and to pay the Dubuque and Sioux City Company, during the continuance of the lease, their net earn-
ings based on an agreed division of through business. The lessor is to provide funds for all betterments as they
are made.

" The increase in the rent of the Chicago, St. Louis and New Orleans Railroad is more apparent than real.
The $130,700 interest on the Cairo Bridge bonds reverts to this company as part of its income from investments.
The $27,655.82 sterling exchange premium is due to the payment in sterling money of 268 New Orleans, Jackson
and Great Northern 8 per cent, bonds of £225 (approximately $1,100) each, which have always stood on the books
of the C., St. L. & N. O. RR. Co. and of this company as a liability for $1,000 each. The $1,480,000 N. O., J. &
G. N. 8 per cent, bonds outstanding June 30, 1880, fell due October 1, 1890, and have been funded into 5 per cent,
bonds. The interest due December 15, 1890, and June 15, 1891, on the latter has been paid, as well as that due
October 1, 1890, on the 8 per cent, bonds. The rent for the ensuing year will be approximately $1,045,300.

" Contrary to all expectation, the completion of the Chicago, Madison and Northern Railroad was again,
delayed by fresh complications concerning the crossing of other railroads ; but since the close of the fiscal year
all necessary contracts have been executed, and the tracks are now connected and in daily use.

" These delays not only required the direct payment to other companies of upwards of $70,000, for the use
of their tracks, but also entailed large losses for damages to persons killed and injured by reason of a train of an-
other company running into the rear of one of our passenger trains while on the track of that company.

" The company's wharf rights in New Orleans have been renewed for a term of twenty-five years, and their
extent materially increased.

" The contract with the Pullman Company has been abrogated by consent, and a new one entered into, under
which the payment for sleeeping-car service is reduced from three cents to two cents per mile, the Pullman Com-
pany agreeing to furnish cars of the highest standard.

"For advances made to the Dubuque and Sioux City Railroad Company during the past year there have
been received $236,000 of the 5 per cent, bonds of that company. The attention of the proprietors is invited to

the report of that company submitted herewith.
" There have been sold Illinois Central <

4 per cent, gold bonds of 1952 to the amount of $1,818,000. Of these
bonds there remain unsold $1,437,000, of which there have been set apart for surplus dividend fund $210,000T
and to the insurance fund, $5,000.

" As shown in greater detail in the accompanying tables, the outlay on capital account has been as follows :

Illinois Central Railroad " $2,563,245 83

Chicago and Springfield Railroad ./. ". 902 35

Kankakee and Southwestern Railroad 879 07

South Chicago Railroad 4,947 82

Rantoul Railroad 600 00

Chicago, Havana and Western Railroad 575 91

Chicago, Madison and Northern Railroad 287,631 70

Canton, Aberdeen and Nashville Railroad 731 25

Yazoo and Mississippi Valley Railroad 4,707 91

Chicago, St. Louis and New Orleans Railroad 277,583 05

$3,141,804 94

" The litigation which has been pending with the Baltimore and Ohio Railroad Company for six or seven
years, concerning lands and the use of tracks in Chicago, having resulted in a final judgment favorable to your
company, possession was taken in April last. The ground rents have been collected with interest, and the Bal-
timore and Ohio Company are now occupying other lands of this company and using its tracks under a temporary
arrangement at an enhanced rent. The land in controversy, which was rented to the Baltimore and Ohio Com-
pany in 1874, lies in the middle of the Terminal Freight Yard in Chicago, and its recovery makes it now possible
to remodel that yard so as to handle cars and merchandise with economy and despatch. This, in connection with
the new yard at Fordham, referred to below, will enable the company to handle the freight traffic incident to the
World's Fair to be held in 1893, without regard to whether its rights to make additional land on the lake front be
determined in the meanwhile or not.

"In the matter of the litigation concerning the lease of the Cedar Falls and Minnesota Railroad to the
Dubuque and Sioux City Railroad Company for the term of forty years from January 1, 1867, which was on Sep-
tember 13. 1867, assumed by the Illinois Central Railroad Company in leasing the Dubuque and Sioux City Rail-
road for a term of twenty years from October 1, 1867, the Circuit Court of the United States has said that .
the Illinois Central Railroad Company, t»o long, and only so Jong, as it retained the Dubuque road as lessee, would
meet the obligations imposed upon the Dubuque Company in respect to the lease of the Cedar Falls road.

" The Court further held that the lease of the Cedar Falls Railroad executed September 27, 1866, is valid and i
binding upon the Dubuque and Sioux City Railroad Company. Appeals have been taken to the Supreme Court i
of the United States by both the Dubuque Company and the Cedar Falls Company."
Of the five million of dollars of stock offered to the shareholders for subscription on Novem-
ber 1, 1890, there were taken $5a5.450

During the remainder of the fiscal year there were sold 961,325

Making the sum realized from this source previous to June 30, 1891 $1,496,776

And leaving in the treasury of the company June 30, 1891 $3,503,5

Of which there have been sold since the close of the fiscal year $2,100,(

RAILROAD LEASED OR OPERATED BY THE ILLINOIS CENTRAL RR. Co.

DTJBTJQTJE AND SIOUX CITY RAILROA D. -Dubuque to Sioux City, la., 326.58 ; Cheroke
to Onawa la 59.10 ; Cherokee, la. to Sioux Falls, So. Dak., 96.48 ; Manchester to Cedar Rapids, la., 41.85— J
total 524.01 miles. Second track, 0.61 ; sidings, 82.91 miles. Rail (steel, 544.54 miles), 60 Ibs. History.— Con.'
solidation in 1888 of the Dubuque and Sioux City, the Cedar Rapids and Chicago, the Iowa Falls and Sioux City,
and the Cherokee and Dakota RR. Cos. A controlling interest is owned by the Illinois Central RR. Co. '1
company leases the Cedar Falls and Minnesota RR. Co. for 40 years from January 1, 1867, on terms as shown i
the statement for that company. In 18S7 the company began a suit to annul this lease, but a decision of t
Circuit Court of the United States, rendered in October, 1890, holds that the lease is binding. Appeal nafi bet
taken to the Supreme Court of the 'United States. (See MANITAT, for 1891.) For the past fiscal yi-ar the oper
tions etc., of these roads are included in the accounts of the Illinois Central RR. Co. Rental for year, being tl

PRESIDENT.
JOHN CADWALADER.

WILLIAM G. AUDENRIF/O.
GEOHGE F. BAEK,
JOHN CADWALADER,
ADAM S. CON WAY,
SAMUEL DICKSON,

VICE-PRESIDENTS.

ISAAC J. WISTAR.
CHARLES HENRY JONES.

DIRECTORS,

JAMES M. DUANE,
HENRY L. GAW, JR.,
CHARLES C. HARRISON,
SAMUEL F. HOUSTON,
JOHN N. HUTCHINSON,

TREASURER.
J. WALN VAUX.

JACOB MUHR,
CLEMENT B. NEWBOLD,
WILLIAM F. READ,
JOSEPH R. WAINWRIGHT,
ISAAC J. WISTAR.

The Trust Company of North America

5O3, 5O5, and 5O7 Chestnut Street,
PHILADELPHIA,

TELEPHONE No. 1O4 1

CAPITAL,
$1,000,000

TRUST AND

SAFE DEPOSIT

COMPANY.

Complete safe de-
posit system, with
separate depart-
ment f 01^ ladies.

Private desks will
be rented to De-
positors, and their
mail received at
moderate charges.

Wills deposited in
the vaults without
charge.

CHARTER
PERPETUAL

SAVING FUND

DEPARTMENT

PAYS

3J PERCENT.

on deposits, return-
able on ten days'
notice.

Accounts of min-
ors received and
payable to them
directly.

This Company acts as executor, administrator, guardian, trustee, committee, assignee,
receiver, and in all agencies or other fiduciary relations.

Acts as registrar of Stock, Bonds, etc., etc. Special attention given to the care of Real Estate.
Rents, etc., collected for 3 per cent.

Receives deposits on the following terms :

General Accounts, payable on demand, 2 per cent.

General Accounts, payable on ten days' notice, 3 per cent.
Accounts of all public and charitable institutions, 3 per cent, on demand

Advances moneys on real estate operations, and insures titles to real estate, mortgages, etc.
Becomes surety for individuals and corporations. Letters of credit and passports provided.

WHITAKER & HODCMAN,

BOND AND STOCK BROKERS,
No. 300 N. Fourth Street, ST. LOUIS,

DEAL IN

HIGH GRADE INVESTMENT SECURITIES,

NEGOTIATE LOANS FOR

COUNTIES, CITIES, RAILROAD, WATER, GAS AND
STREET RAILWAY COMPANIES,

MONTHLY CIRCULARS SENT ON APPLICATION,

W. B. CLARKE, PRESIDENT. A. A. TOMLINSON, VICE-PRESIDENT.

J. W. BARNEY, SECRETARY. C. R. ROCKWELL, TREASURER.

CAPITAL, $250,000.

NEW YORK LIFE BUILDING.
Financial Agents N. Y. Life Insurance Co.

Buys and selJs all classes of Government, State, Municipal and other
Good Bonds.

Issues Certificates of Deposit, allowing Special Kates of Interest. Is a
Legal Depository for Court and Trust Funds. Acts as Executor, Guardian,
Administrator, Trustee, and Receiver. Takes entire charge of Real and
Personal Estates. Acts as Register and Transfer Agent of all Stocks and
Bonds. Women and Religious and Benevolent Institutions will find this a
Convenient Depository for Money.

Correspondents j ggg ^ROAN J CO. [

YQRK.

POOR'S MANUAL OF RAILROADS. 289

net earnings of the r :'.51 ; other receipts, $890.66— total income. $830.060.17. Payments : Interest on

bonds, S487.935 ; rental Ced;ir Fulls and .Minn. RR. paid into court to abide the result of the *uit. $113,370 ; sink-
ing fund for gradual reduction to par of cost of $4fiO,500 I. F. & S. C. bonds, $9.210; dividends (1 per cent.),
«7l» M% • paid on account of interest due prior to July 1, 1890, or C. & D. and C. R. & C. bonds, $139,549.17—
- > ),060.17. Financial Statement. June 30. 1891.— Capital <tock ($100 shares), $1,999,600; funded debt
3 per cent. 20-year note*, given in 1863 for overdue 7 per cent, bonds, due January 1, 18N3, interest pay-
able June and Decembe'r ; $586,000 D. & S. C. 7 per cent. 30-year $1,000 coupon construction bonds, due July 1,
1894. interest payable January and July : $1,531,000 D. & S. C. 5 per cent. 50-year $500 and $1.000 registered t:old
bonds, due July 1, 1938, interest payable June and December ; $2,800,000 I. F. & S. C. 1st mortgage 7 {
$51)0 and $1,000 coupon bonds, dated May 1, 1869. due October 1, 1917. interest payable April and October ;
13,100.000 C. & D. 5 per cent, registered gold bonds, dated February 1. ix>3. due December 1, 1935. interest pay-
able June and December; $830,000 C. R. <fc C. 5 per cent, registered gold bonds, dated February 1. 1888, due
December 1, 1935, interest payable June and December), $9,142,000 ; current accounts, $294,339.54 ; other liabil-
.;: profit and loss, $86,092.56— total, $17,548,227.33. Contra: Cost of road, equipment, and real
-.34*. 74 : stocks and bonds owned, $532.288.93; bills receivable, $30.416.56; current accounts,
: . ottier cash assets, $243.82— total, $17.54^.227.33. The Illinois Central owns the general gold 5s of
Cherokee and Dakota and Cedar Rapids and Chicago 5s of 1935, together with $7,897.300 stock. The
construction 7s of 1*194 are secured on the line from Cedar Falls to Iowa Falls. Annual meeting, Monday fol-
-ecor.d Wednesday in March, at Dubuque, la.; transfer books usually close ^about three or four days

Dubuque. la. CORPORATE OFFICE. Dubuque. la.

RAILROAD OPERATED BY THE ILLINOIS CENTRAL RR. Co. AS LESSEE OF THE
DUBUQUE AND Sioux CITY RR. Co.

CEDAR FALLS AND MINNESOTA RAILROAD. -Cedar Falls Junction, la., to Minnesota
State Line, 75.58 miles. Sidings. 4.70 miles. Rail (steel, 10.25 miles). 40 to 50 Ibs. Road opened May 31, 1870.
Leased to the Dubuque and Sioux City RR. Co. for 40 years from January 1, 1867, at $7,500 per mile, and a con-
tin :ent 35 per cent, of gross earnings from $3,500 to $7,000, and of 30 per cent, of gross earnings over $7.000 per
M See statement for Dubuqne and Sioux City RR. Co.) The validity of the lease was denied by the
Du niqne and Sioux City RR. Co.. which brought suit to cancel and annul it. In October, 1890. a decision WHS
handed down confirming the validity of the lease and ordering the rental paid to the trustee for the bondholders.
From this decision an appeal has been taken to the Supreme Court, and the case is still pending. In the mean-
time an amount equal to the rental, under an order in the case, will be deposited and disposed of as the Court
may direct. Financial Statement, June 30,1886 (latest furnished). — Capital stock. $1.586.500 ; funded debr, 1st
mortgage (61.58 miles) 7 per cent, sinking fund 40-year bonds, due January 1. 1907. interest payable January and
.377.000; extended 6 per cent, bonds, $30,000; cancelled bonds in sinking fund, $170.000; sundry
accounts, $13.934.11— total. $3.177.434.11. Contra: Cost of road, $3.173.500 : sinking fund and other accounts.
•L884.ll— total, $3.177.434.11. The 1st mortgage on the line between Waverly and the Minnesota line is also a
2d mortgage on the line between Waverly and Waterloo. la. Annual meeting in April. J. KENNEDY TOD,
President ; John Kean, Jr., Vict-Presid(t>t, New York. X. Y.: C. H. Booth, Secretary and Treasurer. Dubuque,-
la. CORPORATE OFFICE. Dubuque, la. Transfer Office. New York. X. Y.

Board of Directors Illinois Central RR. Co.

Till October, 1892. Till October, 1893.

S. Van Renssalaer Cruger. B. F. Aver.

Chas. A. Peabody. Jr. Walther'Luttgen.

Norman B. Ream. John W. Auchincloss.

Titt October, 1894. Till October, 1695.

Oliver Harriman. Stuyvesant Fish.

John W. Doane. P:d.*H. Harriman.

Charles M. Beach. Arthur Leary.

STUYVESANT FISH, President Chicago, 111.

J. C. Welling, Vice-President

T. J. Harahan, 2d Vice -President

Treasurer— Henry DeWolf Chicago, 111. I Azst. to Pre#.—John Dunn Chicago 111

Assistant Treat.— E. T. H. Gibson. . . .New York, N. Y. | Secretary— A. G. Hackstaff New York. N. Y.

GENERAL OFFICE AND ADDRESS No. 78 Michigan Avenue, Chicago, 111.

Financial Agency and Transfer Office No. 214 Broadway, New York City.

New Orleans Office 37 Carondelet Street.

INDIANA AND ILLINOIS SOUTHERN RAILROAD COMPANY.

Line of Road.— Switz City, Ind., to Effingham, 111 90 milts.

-rs, etc., o mile?. Gauge, 4 ft. 9 in. Kail (steel, 10.5 miles), 35, 40, 60, and 65 Ibs.
History.— Consolidation May 12, 1886, of the Indiana and Illinois Southern Ry. Co. and
the Bloomfield RK. Co. (See MANUAL for 1888, page 460, for details of history.)

Rolling Stock, June 30, 1891.— Locomotive engines, 4. Cars — passenger, 1; baggage,
mail, and express, 1 ; freight (coal, 100 ; caboose, 2), 102 ; other cars, 2— total cars, 106.

Operations for year ending June 30, 1891.— Train mileage— passenger. 56,300 ; freig-ht,
•57,029— total, 113,329 miles. Passengers carried. 49,953 ; carried one mile, 749,295 ; average
mile rate, 2.59 cents. Tons freight moved, 120,900 ; moved one mile, 3,264,300 ; average
ton-mile rate, 1.73 cents.

Earmings.-Passenger $19.445 U5 Expenses.— Transportation 887-831 28

Freight 5»M8804"| Motive Power and Cars 7.55$ 08

Mail and Express 4.576 03 Maintenance Way and Buildings 20.118 78

Miscellaneous 753 47

Total ($902.93 per mile) $81,263 49

19

General 8.61124

Total (8712. 66 per mile > $64.139 38

290 POOR'S MANUAL OF RAILROADS.

Net earnings (21.07 per cent.), $17,124.11. Payments : Interest on debt, $2,751.27 ;
taxes, $7,119.71— total, $9,870.98. Surplus, $7,253.13 ; surplus forward, $35,206.53— total
$42,459.66.

General Balance Sheet, June 30, 1890.

Cost of Eoad and Equipment $2,857,684 02 ; Capital Stock $1,400,000 00

Stocks and Bonds Owned 53,000 00 Funded Debt l,23!),0on DO

Materials and Fuel on Hand 1,139 23 ' Bills Payable 226,148 90

Current Accounts 7,676 61 j Current Accounts 13,543 30

Cash on Hand 1,652 00 Profit and Loss 42.4

Total Assets $2,921,151 86 Total Liabilities $2,921, Iftl fifi

Funded debt consists of $500,000 1st mortgage 5 per cent. 20-year $1,000 coupon bond?,
dated June 1, 1886, due 1906, interest payable June and December; $739,000 income 6 per
cent. 20-year $1,000 bonds, dated June 1, 1886, due 1906, interest payable June and December.

Annual meeting, first Tuesday in May. Trustees of bonds, W. R. McKean, Terre
Haute, Ind.; John S. Alley, Boston, Mass. Registrar of stock, P. H. Blue, Secretary.

Directors (elected May 6, 1890).— William H. Alley, John L. Stockton, John B. Lyon,
H. H. Gardner, John S. Cooper, Chicago, 111.; P. H. Blue, M. B. Wilson, O. B. Harris, Sulli-
van, Ind.; Henry F. Mills, Boston, Mass.

WILLIAM H. ALLEY, President Sullivan, Ind.

John B. Lyon, Vice-President Chicago, 111.

Secretai-y and Gen. Man.— P. H. Blue. . . Sullivan, Ind. | Treasurer— M. B. Wilson Sullivan, Ind.

PRINCIPAL OFFICE AND ADDHESS Sullivan, Ind.

INDIANA, ILLINOIS AND IOWA RAILROAD COMPANY.

Line of Road.— Knox, Ind., to Streator, 111 118.19 miles.

( Wabash MR.: Streator Junction to Streator, 111 1.70 miles.

Trackage : •] Chic, and W. Mich. RE.: La Crosse, Ind., to New Buffalo, Mich. . 37.80 miles.
( Chicago and Eastern Illinois Ry.; Wheatfield to La Crosse, Ind. . . 13.10 miles.

Total length of railroad operated 170.79 mile?.

Sidings, 16.55 miles. Gauge, 4 ft. 8| in. Rail (steel, 118.19 miles), 60 Ibs,

History. — Chartered December 27, 1881, as successor to the Plymouth, Kankakee and
Pacific RR. Co., whose property was sold under foreclosure in February, 1881. (See MANUAL
for 1888, page 461.)

Rolling Stock, June 30, 1891.— Locomotive engines, 16. Cars — passenger, 4 ; freight
(box, 3 ; platform, 26 ; coal, 144), 173 ; caboose, 13 ; other, 4 — total cars, 194.

Operations for year ending June 30, 1891.— Train mileage— freight, 237,295 ; mixed,
77,059 ; other, 96,086— total, 410,440 miles. Passengers carried, 27,954 ; carried one mile,
556,078 ; average mile rate, 2.28 cents. Tons freight moved, 680,986 ; moved one mile,
50,333,967 ; average ton-mile rate, 0.846 cent.

Earnings.— Passenger $12,673 81

Freight 425,769 25

Mail and Express 7,721 46

Other Sources. . . 167 07

Total ($2,613.34 per mile) $446,331 59

Expenses. — Transportation $161

Motive Power and Cars SN.Wit) :>7

Maintenance Way and Buildings 57.33.") 70
General 8£

Total ($1,969. 15 per mile) .$336,310 37

Net earnings (24.65 per cent.), $110,021.22. Payments: Interest on bonds, $49,536.68;
taxes, $1^,546.24 ; construction and equipment, $35,096.92 ; other, $83.59— total, $104,26::
Surplus, $5,757.79 ; surplus forward, $25,637.90— total, $31,395.69.

Financial Statement, June 30, 1891.— Capital stock (authorized, $14,000,000 ; par, $100
per share), $3,597,800 ; funded debt, $1', 327, 445. 62 ; notes payable, $14,410.06 ; current
accounts, $43,323.90 ; traffic balances, $60,482.69; taxes, $6,000 ; income balance, $31,-
395.69 ; profit and loss, general, $126,762.94— total, $5,207,620.90. Contra ; Cost of road,
$4,779,057.03; rolling stock, $272,951.53; materials and fuel, $16,518.15; bills receivable,

POOR'S MANUAL OF RAILROADS. 291

^.15 ; current accounts, $13,437.47; due from agents, $52,828.29 ; cash on hand, $53,-

>o_total, *5, 207, 6-30. 90.

Funded <!,!,( consists of $75,000 ($600,000 authorized) 1st mortgage 6 per cent, bonds,
dau-d November 1. 1882, due November 1, 1888, interest payable May 15th and November
loth ; $725,000 ($800,000 authorized) new 1st mortgage 4 per cent. 50-year bonds, due Decem-
ber 1, 1939, interest payable June and December ; $190,000 ($250,000 authorized) 1st income
mortgage 4 per cent. 50-year bonds, due December 1, 1939, interest payable June and Decem-
ber : $247,000 ($250,000 authorized) 2d income mortgage 4 per cent. 50-year bonds, due
December 1, 1939, interest payable June and December; scrip, $288.50; and $90,157.13
equipment notes of various dates.

Annual meeting, third Wednesday in January, at Kankakee, 111.; books close 20 days
previously. Interest payable at 81 New Street. New York, N. Y. Trustees of 6 per cent,
bonds, Win. Gebhard and Thos. Thacher ; of 4 per cent, issues, Metropolitan Trust Co., New-
York, N. Y.

Directors (elected January 21, 1891).— F. M. Drake, Centreville, la.; Geo. H. Holt, Adam
W. Spies, H. M. Curtis, New York, N. Y. ; T. P. Shonts, J. A. Drake, Chicago. III.; C. H.
Smith. Kankakee, 111.

F. M. DRAKE, President Centreville, la.

Geo. H. Holt, Vice- President New York, N. Y.

Secretary and Treas.—Jno. A. Drake Chicago. II!. Amlitor—yL. J. Hartnett Kankakee, 111.

PRINCIPAL OFFICE AND ADDRESS Kankakee, 111.

Transfer Office 81 New Street, New York, N. Y.

INDIANAPOLIS, DECATUR AND WESTERN RAILWAY COMPANY.

Line of Road. — Indianapolis, Ind., to Decatur, 111 152.51 miles.

Sidings, etc., 20.51 miles. Gauge, 4 ft. 9 in. Rail )steel, 152.51 miles), 58 Ibs.

History. — Organized December 21, 1887, to take over the Indianapolis, Decatur and
Springfield Ry., which was sold under foreclosure May 25, 1887. Default was made in April,
1889; and in July, 1889, the property was turned over to the trustees of the I., D. and S.
mortgage. A committee of bondholders was appointed and a plan for the reorganization of
the company is now under consideration.

Rolling; Stock, June 30, 1891. — Locomotive engines, 18. Cars— passenger, 13; baggage,
Jinail, and express, 5 ; freight (box, 501 ; platform, 71 ; stock, 89 ; coal, 110 ; caboose, 7), 778;
other, 2— total cars, 708.

Operations for year ending June 30, 1891. — Train mileage — passenger, 287,645 ; freight,
":»; other, 132,693— total, 603,097 miles. Passengers carried, 193,762; carried one
mile, 5,753,118; average mile rate, 2.40 cents. Tons freight moved, 264,643; moved one
;imle. 25,149,382; average ton-mile rate, 1.18 cents.
Karnines.— Passenger $13S,180 81 Expenses.— Transportation $152.601 67

Freight 298,210 72

Mail and Express 34,535 85

Miscellaneous 7,510 62

Motive Power and Cars 51,645 03

Maintenance Way and Buildings 97.477 36
General 59,99920

MB] ($3.137.09 per mile) 8478,438 00 I Total ($2,109.17 per mile) $361,723 26

Net earnings (24.39 per cent.), $116.714.74. Charges : Bond interest accrued, not paid,
$132,880; taxes, $21,784.58— total, $154,664.58. Deficit, $38,949.84.

General Balance Sheet, June 30, 1891.

.mipment, and Real Estate $5,300,159 34 Capital Stock (par, $100) $1,000,000 00

'Materials and Fuel 45,296 73 Funded Debt Outstanding 4,218,'950 00

nrrent Accounts 80.148 76 Current Accounts 41l',4U2 31

eh on Hand 87,40036 Accrued Coupons, not due 33,22000

Profit and Loss 150,627 12

Total Assets $5,663.632 31 Total Liabilities $3,663,632 31

292 POOR'S MANUAL OF RAILROADS.

Funded debt consisted, June 30, 1891, of the following :

1st mtge. (Tnd., Decatnr and Springf. Ry.), 7 p. c. 30-year bonds, due Jan., 1906, int. April and Oct tl 800 000
1st mtge. (Ind.. Decatnr and West. Ry. ), 5 p. c. 50-year bonds, due 1947. int. April and Oct . . 'l42'()00

2d mtge. (Ind., Decatur and West. Ry.), 5 p. c. 50-year bond*, due January, 1U48, int. Jan. and July ' ' 1 41'j'oOO

Income mortgage (Ind., Decatur and Western Rv.), 10 per cent, bonds

Debt certificates, secured by I., D. & S. Ry. 1st mortgage coupons, due April 1, 1890, without' intereM

The 1st mortgage bonds of the I., D. & S. Ry. are a first lien on the entire property of the
company. They are $1,000 gold coupon bonds, dated December 31, 1875, due January 1,
1906, interest payable April and October, at the office of the company in New York. There
is provision for a sinking fund sufficient to retire these bonds at maturity. Trustees, R. B.
Peirce and B. A. Sands.

The 1st mortgage bonds of the L, D. & W. Ry. are dated January 2, 1888, clue October 1,
1947, interest April and October. The authorized issue is $1,942,000, and $1,800,000 (No*. 1
to 1,800) are reserved for retirement of the 1st mortgage 7s of 1906. The bonds are for $1,000
gold each, in coupon form ; principal and interest payable at the office of the company in
New York. These bonds and also the 2d mortgage bonds, described below, have coupons
for 20 years attached, and have endorsed upon them an "allonge " clause which provides for
the attachment of additional sheets of coupons daring the life of the bond. Trustees, Far-
mers' Loan and Trust Co., New York, and Noble C. Butler, Indianapolis, Ind.

The 2d mortgage bonds of the I., D. & W. Ry. are for $1,000 each, in coupon form, dated
January 2, 1888, due January 1, 1948; interest income non-cumulative for first five years;
principal and interest at the office of the company in New York. See note in reference to
" allonge " clause in description of 1st mortgage bonds of 1947. These bonds are registerable
— for voting purposes only — at the office of the company in New York. Trustees, Farmers'
Loan and Trust Co., New York, and Noble C. Butler, Indianapolis, Ind.

The income bonds are for $1,000 each, dated Januar}T 2, 1888, and payable at the option
of the company on three months' notice by the board of directors. Interest not to exceed 10 j
per cent, non-cumulative, payable January 1, out of the earnings of the year ending October
1 preceding. Principal and interest (if earned) payable at the New York office of the com.
pany. Trustees, Farmers' Loan and Trust Company, New York, and Noble C. Butler,
Indianapolis, Ind.

Annual meeting, first Tuesday in November^ at Indianapolis, Ind. ; books close ten days
previously. Voting power attaches to stock after ten days' ownership. Registrar of stock,
Farmers' Loan and Trust Co., New York City.

Directors. — Alfred Bates, Hiram Hitchcock, Henry B. Hammond, Horace L. Hotchkiss,
Stephen H. Thaver, Charles C. Allen, Thomas B. Atkins, New York, N. Y. ; John K. Warren,
Decatur, 111. ; E. F. Leonard, Peoria, 111. ; John R, Elder, R. B. F. Peirce, Indianapolis, Iiid.

* B F^rERCE C Trustees in Possession Indianapolis, Ind.

HENRY B. HAMMOND, President 45 Broadway, New York, N. Y.

Secretary and Treas.—T. B. Atkins. . .New York, N. Y. | Auditor— J. V. McNeiil Indianapolis?, Ind.

PRINCIPAL OFFICE AND ADDRESS Indianapolis, Ind.

INDIANAPOLIS UNION RAILWAY COMPANY.

Main Line of Roa<l,~ Belt RR. (leased).— Around City of IndianaPolis 14.29 miles

Indianapolis Union Ry. : Track owned 3. 23 miles

Total length of track owned and leased 17.52 miles

2d track (leased), 6.92 miles ; sidings, 8.70 miles. Gauge 4 ft. 9 in. Rail, 70 Ibs.

History. — This company was established in 1850. It provides terminal facilities for al
the railroads centering at Indianapolis. On October 1, 1882, a lease was taken for 999 year.
of the railroad of the Belt RR. and Stock Yard Co. of Indianapolis.

Operations. — This company has no income. (See MANUAL for 1889.)

POOR'S MANUAL OF RAILROADS. 293

General Balance Sheet, December 31, 1891.

Road, Equipment, etc $2,534,434 05 Capital Stock $1,534,434 05

Materials and Fuel 17,135 39 Funded Debt 1,000,000 00

Current Account-* 132.937 31 Current Accounts 176,036 19

Cash on Hand 5,9(53 49

fckingFund 20,00000

Total Assets $2,710,470 24 Total Liabilities $2,710,470 24

No stock \ras ever issued by this company, tlie item, " capital stock, £1,534,434.05,''
representing the total amount invested by the companies owning the property — the Pitts-
burgh, Cincinnati, Chicago nnd St. Louis, the Terre Haute and Indianapolis, the Cleveland,
Cincinnati, Chicago and St. Louis Ry., and the Chicago, St. Louis and Pittsburgh.

The following railroads also use the property, and have all privileges and at the same
terms as the above named companies : Ohio, Indiana and Western ; .Indianapolis. Decatur
and Western ; Indianapolis and St. Louis ; Indianapolis and Vincennes ; Cincinnati, Hamilton
, and Indianapolis ; Lake Erie and Western : and Louisville, New Albany and Chicago.

LEASED RAILROAD.

BELT RAILROAD AND STOCK YARD COMPANY.— Line of railroad owned : Around city

of Indianapolis, 14.29 miles. Second track, 6.78 mile*— total track, 21.70 miles. Rolling Stock.— Locomotive
engines, 10. Construction cars, 10. Income Account, 1889.— Rental, $-19.576.68 ; other receipts, $164,964.40— total
income, $214,541.08. Expense.*, taxes, etc., $65,903.79. Net earnings, $148.637.29. Payments : Interest on bonds,
•00 ; dividends (June and December, 3£ per cent, each), $70.000 ; sinking fund and other charges, $35,707.63
—total, $1(35.707.63. Balance, deficit, $17,070.39. Financial Statement.— Capital stock, $1.000,000 ; funded debt.
$5<X>.000 « per cent. 20-year bonds, due December 1, 1896 ; $500.000 6 per cent, mortgage 30-year bonds, due April
30. 1911 (authorized. $1,000,000), $1,000,000 ; unfunded debt, $57.062.57 ; income balance. $192.783.67— total, $2,249,-
846.24. Contra : Cost of road and equipment, $2.074.565.41 : stocks and other investments. $336,655 ; other assets,
$138,625.83— total, $2,249,846.24. W. P. I.TAMS, President : R. S. McKee, Secretary and Treasurer, Indianapolis,
Ind. CORPORATE OFFICE. Indianapolis, Ind.

Officers of Indianapolis Union Ity. ۥ>.:

BOARD OF MANAGEBS. — This board is composed of one representative from each railroad
using the property.

W. R. McKEEX, President Terre Haute, Ind.

Jos. Ramsey, Jr.. Vice-President Cincinnati, 0.

Secretary— W. X. Jackson Indianapolis, Ind. \ Treas. efe Pxr. A<-//.—\\. T. Cannon. .Indianapolis, Ind.

Auditor— C. A. Vinnedge Indianapolis, Ind.

PKINCIPAL OFFICE AND ADDRESS Indianapolis, Ind.

INTERSTATE CONSOLIDATED RAPID TRANSIT RAILWAY COMPANY.

Mai,, T5,.n «F -p«o,i . f Union Depot to Chelsea Park, Kansas City. Kan 5.00 miles.

• \ Union Dep. to Del. & Main Sts. Kansas C'y, Mo. (Cable).0.70 miles.

D T . j Chelsea Junction to Edgerton Place, Kansas City, Kan.' 0.50 miles.

' ( Riverview to City limits, Kansas City, Kan ." 1 .65 miles.

Total length of lines operated, June 30, 1890 7.85 miles.

2d track. 7.85 miles. Sidings, 0.5 mile. Gauge, 4 ft. 8i in. Rail (steel), 40, 52, and 60 Ibs.

History. — Consolidation March 22, 1887, of the Interstate Rapid Transit Ry. Co. (con-
solidated), the Kansas City and Wyandotte Ry. and Tunnel Co., the River view Ry. Co., and
the Chelsea Park and Brighton Hill Ry Co. (See MANUAL for 1889, page 766.) Road placed
in the hands of a receiver in October, 1889. Decree of foreclosure entered in March, 1892.

Rollins: Stock, June 30, 1890 (latest report). — Locomotive engines, 17. Cars — passenger,
tvight (flat, 2 — total cars, 37. Also 13 cable cars.

Operations from October, 1886, to June 30, 1887 (latest reported). — Train mileage — pas-
senger, 135,152 miles. Passengers carried, 1,152,266; carried one mile, 2,880,665. Earnings
(passenger), $82,750.18. Operating expenses, $58,128.28. Net earnings, $24,621.90. Pay-
ments : Rentals, $485.76 ; interest, $17,735.04— total, $18,220.80. Balance, surplus, $6,-
401.10.

Financial Statement, June 30, 1890 (latest furnished}.— Capital stock (par, $100), $1,700,-

294 POOR'S MANUAL OF RAILROADS.

000 ; funded debt ($600,000 1st mortgage 6 per cent. 20-year bonds, due January 1. 1906;
$800,000 6 per cent. 20-year bonds; $300,000 6 per cent. 10-year bonds), $1,700,000—
stock and bonds. $3,400,000.

Annual meeting, third Tuesday in May, at Kansas City, Kan.; books close 30 days pre-
viously. Interest payable at National Bank of Commerce, New York City. Truste»- .<f
bonds, Metropolitan Trust Co., New York, N. Y. Registrar of stock, National Bank of Com-
merce, New York City.

Directors (elected June 17, 1890).— Joshua Wilbour, Providence, R. I.; A. H. Calif,
Richard King, New York, N. Y. ; D. L. Goff, Pawtucket, R. I.; S. M. Jarvis, Roscoe Conklin,
Robert Gilham, Kansas City, Mo. , David D. Hoag, D. E. Cornell, Winfield Freeman, K<i
City, Kan.

D. M. EDGERTON, Receiver. . . Kansas City, Kan.

JOSHUA WILBOCR, President Providence, R. I.

David D. Hoag, Vice-P resident Kansas City, Kan.

Secretary— W. E. Barnhart Kansas City, Kan. \ Treasurer— A.. H. Calif New York, X. Y.

PRINCIPAL OFFICE AND ADDRESS Kansas City, Knn.

New York Office 195 Broadway, New York, N. Y.

IOWA CENTRAL RAILWAY COMPANY.

TW • T. -w , { Albia, la., to Northwood, la 189.48

Ltt : lOskaloosa to Iowa Junction, III 183.79-373.27 mile?.

Montezuma Branch : G. and M. Junction to Montezuma 13.61

State Centre Branch : Newburgh to State Centre 26.64

Story City Branch : Minerva Junction to Story City ... 34.51

Belmond Branch : Hampton to Belmond 22.20

Newton Branch : New Sharon to Newton 30.25

Branch to Coal Mines : Carbon Junction to Carbonado . 2.43 — 129.04 m3

Leased : Mercer Co. Bridge Co. : Tracks at Mississippi River 2.57 miles.

Trackage : Peoria and Pekin Union Ry. : Iowa Junction, 111., to Peoria, 111.. . . 3.50 miles.

Total length of lines owned and leased, June 30, 1891 508.98 miles.

Average length of lines operated during fiscal year 492.94 miles.

Sidings, etc. (owned, 73.57 ; leased, 1.21), 74.78 miles. Gauge, 4 ft. 8| in. Rail—iron, i
56 ; steel (owned, 332.70; leased, 2.57— total, 335.27 miles), 50 to 60 Ibs.

The company leases its line from Manly Junction to Northwood, la., 11.38 miles, to the
Burlington, Cedar Rapids and Northern Ry. Co. From Mason City to Manly Junction, 9.32
miles, was leased to the Chicago, St. Pnul and Kansas City Ry. Co. till January 1, 1891, when
the lease was surrendered.

History. — Reorganization after foreclosure sale, in November, 1887, and March,
of the Central Iowa Ry. Co. (See MANUAL for 1890.) In October, 1891, the Supreme Court
of the State handed down a decision Ordering the company to maintain and operate the line
from Manly Junction to Northwood, now leased to the Burlington, Cedar Rapids and Northern
Ry. Co.

Rolling Stock, June 30, 1891. — Locomotive engines, 60. Cars— passenger, 17 ; combina-
tion, 7 ; baggage and mail, 7 ; freight (bos, 1,037 ; platform and coal, 704 ; stock, 47 ; cabo
30), 1,818; other, 15— total cars, 1,864.

Operations for year ending June 30, 1891. — See tabulated statement below.

Earnings.— Passenger $293,245 88

Freight 1,354,035 OS

Mail 34,503 50

Express 14,194 97

Miscellaneous. . . 3,162 49

Total ($3,448.17 per mile) $1,699,742 52

Expenses.— Transportation $569,992 90

Motive Power and Cars 155,437 91

Maintenance Way & Buildings :•.:.

General 1-J-:

Taxes r,r

Total ($2,614.63 per mile) $1 ,',>ss,s:,5 41

Net earnings (24.17 per cent.), $410,887.05. Add rental leased property, $16,100.50—

POOR'S MANUAL— IOWA CENTRAL RY. CO.

295

total available revenue, $428.987.55. Payments : Interest on bonds, $295,800 ; on current
liabilities, $17,880.18; rentals bridge terminal and track, $52,522.50; betterments, $33,390.-
66; other, $5,716.97— total, $405,310.31. Balance, surplus, $21,677.24; add surplus from
last year. $3,842.36— total surplus as per balance sheet, $25,519.60.

Statement showing operations and income account for six fiscal years, 1886 to 1891 :

1886

1887

1888

1889

1890

1891

ijR. Operated I
i^er Train Miles
Freight Train Mil<js

506.4!
865,678

928,756
316,168
8 364 019

515.88
686,266

965.118
311,614
9,109,055
825,023
93,900,276
$
1,296,404
1.176,380
120,024
15,276
135,300
410,934
93.997
- 369,631
2.516 21
2.158 03
358 18
90. 74 p. c.
2.69c.
1.05c.

515.22

482.034
1,013,139
306,808
8,920,525
898,604
112,329,421
5
1,864,496
1,076,597
287,899
14,872
302,771
114
98,387
+ 204.270
2,64838
1,95635
69203
78. 90 p. c.
2.77C.
0.94c.

515.22

390,541
973,873
334. 15'2
9,331,881
886,688
102,644, 792
$
1,387,304
1.229,289
158,015
14,670
172,685
36.738
94,971
+ 40.976
2,692 64
2.254 82
437 82
88.61 p. c.
2.52c.
1.06c.

504.04
405,350
1,092.3*5
373,698
9,166,794
1,042,195
126,491,926
$
1,588,963
1,219,554
369.409
15,875
385,284
301,582
59.086
+ 24.616
3.152 44
2.301 80
85065
76.75 p. c.
2.52c.
1.08 c.

492.94
499,192
1,159,230

4K7.778
11,445,185
1.131,239
137.277,205
S

1.699,742
1.288,855
410.887
16,100
426,987
313,680
91,630
+ 21,677
3,448 17
2,48180
96637
75. 82 p. c.
2.56c.
0.99c.

igere Carried 1

Freight (tons) Moved
Freight Ton Miles

741.153
86.863,553

$

1,323.053
964,812
358,241
15,461
373.702
554,976
67,140
- 248,414
2,61256
1,78724
82532
72.92 p. c.
2.81C.
1.19c.

Gross Earnings
Expenses and Taxes |

Net Earnings
Other Receipts

Available Revenue
Interest Paid

Rentals, etc
Balance ( + or — )
Earnings per Mile . .
Expenses per Mile

Net Earnings per Mile
Expenses to Earnings
Average Hate per Passenger per Mile
Average Rate per Ton per Mile I

NOTE.— No interest on funded debt shown during receivership, being from December 1, 1886, to May 15, 1889.

Cost of Road and Equipment

Materials and Fuel on Hand 163,683 03

Current Accounts 98,449 49

Cash on Hand 68,480 35

Interest on Current Liabilities Suspense.. 2,577 56

Leased Rolling Stock 129,121 95

General Balance Sheet, June 30, 1891.

§19,761,200 46 | Common Stock (par, §100), and Scrip . . .

Preferred Stock (par, $100), and Scrip..
Funded Debt Outstanding (iucl. Scrip).

Current Accounts

Accrued and Matured Interest

Bills Payable

Profit and Loss . .

$7,973,591 30

5,505.912 14

5,916.956 21

274,221 58

70,612 50

456,699 51

25,519 60

Total Assets §20.223.512 84 Total Liabilities §20.223,512 84

Funded debt consists of 1st mortgage 5 per cent. 50-year bonds, due June 1, 1938, inter-
est payable June and December, at the office of Mercantile Trust Co., New York, N. Y. The
bonds are for $1,000 each, coupon, with principal subject to registration, and are secured on
the main line and branches, all real estate and rolling stock. Authorized issue, $7,650,000,
at rate of $15,000 per mile ; outstanding, $0,916,000 ; scrip, $956.21. Preferred stock entitled
to 5 per cent, dividends non-cumulative ; but when dividends on common stock exceed 5 per
cent, in any one year, equal dividends shall be paid on preferred stock. On February 29,
1892, a quarterly dividend of 1 per cent, was declared upon the preferred stock, payable
April 12, 1892.

Annual meeting, first Friday after fii>t Thursday in September, at Chicago, 111. Books
close ten days previously, and same period before dividend payments. Trustee of bonds and
registrar of stock, Mercantile Trust Co., New York, X. Y. Stocks and bonds listed on the
New York Stock Exchange.

PROPERTY LEASED BY THE IOWA CENTRAL RAILWAY COMPANY.

PEORIA TERMINAL. RAILWAY.— Peoria. 111., to Monmouth Junction. 4.50 miles. Total track-

50 miles. Successor to the Peoria and Farmington RR. Co., which was reorganized under the above title in

Road yet in hands of contractor. Capital stock (par, §100K §1,000,000. Funded debt consists of $300.000

ortgage bonds, provided but not negotiated. Estimated cost of completed road. §250.000. D. P. PHELPS,

side nt and Ger^rnl Manager, Monmouth. 111.; Russell Sage. Vlce-Prendent, New York. N. Y*. ; J. R. Hanna.

vcretary ; Wm. Hanna, Treasurer. CORPORATE OFFICE, Monmouth, 111.

KEITHSBTTRGr BRIDGE COMPANY (tracks at Mississippi River). 2.57 miles. Opened February

Leased to Central Iowa Ry. Co. in 188(5, and lease transferred to the Iowa Central Ry. Co.. May 15 1889

w lease and operating agreement entered into with I. C. Ry. Co.. November 10, 1890. Rental, 1890-91, $37.-

0. Payments : Interest on bonds, $32,940. Funded debt, $591,000 1st mortgage 6 per cent, bonds, due June

92o. interest payable June and December, guaranteed bv Central Iowa Ry. Co. The sinkin^fnnd was abolished

by the agreement of November 10, 1890. Sj

Wall Street. New York City

Treasurer, 54

296 POOR'S MANUAL OF RAILROADS.

Board of Directors, Iowa Central Railway Co., elected September 6, 1891.

Russell Sage New York, N. Y.

E. E. Chase

G. E. Taintor . . " "

H. J. Morse Nov.- York, N. Y. I Rufns II. Sage Chicago, 111.

George li. Morse. . " C. H. Ackert Marshalltown, la.

Dunlap Smith Chicago, 111. | One Vacancy.

RUSRKLL SAGE, President New York, N. Y.

E. E. Cliase, Vice-President New York, N. Y.

Secretary and Treas.—Gvo. R. Morse. New York, N. Y. | Local Treasurer— Seth Zug Marshalltown, la.

PRINCIPAL OFFICE AND ADDRESS Marshalltown, la.

Transfer Office 11 Wall Street, New York City.

IOWA NORTHERN RAILWAY COMPANY.

Line of Road.— Colfax, la., to Valeria 5.93 miles.

Sidings, 0.5 mile. Gauge, 4 ft. 8^ in. Rail, 56 Ibs. per yard.

History.— Organized February 7, 1882 ; road opened in September, 1882.

Rolling Stock (leased). — Locomotive engine, 1. Cars — passenger, 1 ; freight (platform
and coal), 2 — total, 3.

Operations for year ending June 30, 1891. — Train mileage, 10,016 miles. Passengers
carried, 18,506; carried one mile, 64,721; average mile rate, 3,43 cents. Tons of freight
moved, 65,995; moved one mile, 230,982; average ton-mile rate, 4.285 cents. Earnings —
passenger, $2,313.29; freight, $9,899.38— total, $12,212.67. Operating expenses— mainte-
nance of way, etc., $2,138.49; motive power and cars, $1,166.64; transportation, $3,236.55;
general and taxes, $2,281.18— total, $8,822.86. Net earnings, $3,389.81. Paid interest on
bonds, $3,000. Surplus, $389.81 ; deficit forward, $400.13— net deficit, $10.32.

Financial Statement, June 30, 1891. — Capital stock, $90,000 ; funded debt, 1st mortgage
6 per cent, bonds, due May 1, 1902, $50.000 ; accounts payable, $10. $2— total, $140,010.32-
Contra : Cost of road, etc., $140,000 ; profit and loss, $10.32— total, $140,010.32.

Annual meeting, second Tuesday in June.

Directors (elected June, 1891).— F. H. Griggs, J. S. Wylie, Davenport, la. ; D. Ryan,
Newton, la. ; D. S. Couch, George A. Goodrich, Colfax, la.

J. S. WYLIE, President Davenport, la.

D. Ryan, Vice- President Newton, la.

Secretary and Treat. — George A. Goodrich. .Colfax, la. I General Superintendent — D. S. Couch Colfax, la.

PRINCIPAL OFFICE AND ADDRESS * Colfax, la.

IRON RAILWAY COMPANY,

Main Line of Road.— Ironton, O., to Centre, 0 12.75

Branches: Whitwell, 2 ; Ellison, 2.25 ; Cannon's Creek, 1.25 ; Long Hol-
low, 1.75 7.25—20.00 miles.

Sidings, etc., 3.25 miles. Gauge, 4 ft. 8£ in. Rail (steel, 9 miles), 60 Ibs.

History. — For history see, MANUAL for 1888, page 466. The Dayton, Fort Wayne, and
Chicago Ry. Co. has joint use of track from Dean to Ironton, at a rental of $000 per mouth.
Rolling* Stock, June 30, 1891. — Locomotive engines, 4. Cars — passenger, 2 ; freight
(platform, 86 ; coal, 86), 172 ; caboose, 2— total cars, 176.

Operations for year ending June 30, 1891. — Train mileage — passenger, 182 ; freight
8,558; mixed, 16,019; other, 23,480— total, 48,239 miles. Passengers carried, 22,68.);
carried one mile, 170,122; average mile rate, 3.11 cents. Tons freight moved, 94,828 ; moved
one mile, 853,452; average ton-mile rate, 2. (50 cents. Earnings— passenger, $5,285 2-"i;
freight, $22,225.73— total ($1,375.55 per mile), $27,510.98. Operating expenses— transpor-
tation, $8,060.09 ; motive power, $2,757.04 ; maintenance of cars, $2,937.27 ; maintenance of
way, etc., $8,740.78; general, $-2,854.14— total ($1,267.47 per mile), $25,349.32. Net earn-
ings (7.86 per cent.), $2,161.66. Add rentals received, $7,200 ; other receipts, $1,238.27—

POOR'S MANUAL OF RAILROADS. 297

total available revenue, $8,438.27. Payments: Dividends on stock (1| per cent.), $9,000 ;
payments x:>. 779.46— total, $12,779.46. Balance, deficit, $2,179.5:5. Surplus from
lu-t yfjxr. $15,261.68 ; net surplus us per general balance sheet, $13,082.15.

Financial Statement. June 30, 1891.— Capital stock (par, $100), $600,000; current
accounts, $10,906.04 ; profit and loss, $13,082.15— total, $624,048.19. Contra : Cost of joad
and equipment, $600,000; other property and assets, $5.623.06; bills receivable, $1,241.25 ;
current accounts, $4,511 ; cash, $12,672.88— total, $624,048.19.

Annual meeting, third Monday in July, at Ironton, O. Books close ten days before either
annual meeting or dividend payments. Dividends payable January and July, at Boston, Mass.

Directors.— E. E. Floyd, Chas. R. Batt, Boston, Mass. ; J. L. Anderson, C. C. Clarke,
Ironton, O. ; one vacancy.

E. E. FLOYD, President 31 Bedford Street, Boston, Mass.

Secretary <£ 7Vf,/.*.— Walter H. Mitchell. Boston, Mass. Gf rural Manager— C. C. Clarke Ironton, O.

PRINCIPAL OFFICE AND ADDRESS Ironton, O.

IRONTON RAILROAD COMPANY.

Main Line of Road. — Coplay to Ironton, Pa 5.5

Brunch : Junction to Siegersville, Pa 3.5 — 9.0 miles.

Sidings, 3 miles. Gauge, 4 ft. 84- in. Kail (steel, 6.25 mile?), 50 to 57 Ibs.

History. — Chartered in 1858. R ad opened in May, 1860.

Rolling1 Stock. — Locomotive engines, 2. Cars, 2.

Operations for year ending June 30, 1891. — Freight train miles, 10,984. Tons of freight
moved, 165,208 ; moved one mile, 660,832. Earnings from freight, $38,549.45. Operating
expenses— transportation, $8,453.32 ; motive power, $3,303.43 ; maintenance of way and
buildings, $16,991.82; general, $1,945 82— total expenses. S30.693.39. Net earnings. $7,-
85(5.06. Add other receipts, *6, 094.11— total revenue, $13,950.17. Payments : Dividends
(6 per cent.), $12,000 ; other payments, $1,990.43— total, $13,990.43. Deficit, $40.26 ; surplus
from last year, $90,233.47— net surplus, $90,193.21.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $200,000 ; current ac-
counts, $10,134.59 ; profit and loss, $90,193.21— total, $300,327.80. Contra: Cost of road,
$200.000 ; real estate, $437.50 ; accounts, $98,827.66 ; cash, $1,062.64— total, $300,327.80.

Directors (elected October, 1891). — Samuel Thomas, Catasauqua, Pa.; John T. Knight,
Ea?ton, Pa.; John Thomas, Edwin Mickley, Hokendauqua, Pa.; Win. W. Marr-li, Schoolev's
Mountain, X. J. ; Benjamin G. Clark, New York City.

SAMUEL THOMAS, President Catasauqua, Pa.

Secretary and Treasurer— J. T. Knight . .Easton. Pa. S'lperii'.ttraltnt—Wm. Andrews Allentown. Pa .

PRINCIPAL OFFICE AND ADDRESS . . Easton. Pa.

ISLAND RAILROAD COMPANY.

Line of Road.— In City of Buffalo, N. Y 0.134 mile.

Sidings, etc., 1.01 miles.

History.— Chartered September 1, 1883 ; road opened in 1884. Operated in connection
with certain coal docks between Blackwell Canal and Buffalo River. Company owns no roll-
ing stock except one locomotive for switching.

Operations for year ending June 30, 1891. — Freight moved. 251.291 tons. Gross earn-
ings, $60,867.18. Operating expenses, $33,038.88. Net earnings, $27,828.30. Payments :
Interest on bonds, $24,000 ; taxes, $6,384.48— total, $30,381.48. Deficit, $2,553.18*; deficit
from 1890, $11,796.79— total deficit as per balance sheet, $14,349.97.

Financial Statement, June 30, 1891.— Capital stock, $200,000 ; funded debt, general
mortgage 6 per cent. 40-year bonds, dated November 1, 1883, $400,000 ; current accounts,
$23,062.35— total, $623,062.35. Contra : Cost of road, $599,000 ; cost of equipment, $6,500 ;

298 POOR'S MANUAL OF RAILROADS.

cash on hand, $886.91 ; open accounts, $2,325.47; profit and loss, $14,349.97— total, $623,-
062.35.

The above bonds, together with 1,900 shares ($190,000) of stock, were issued in payment
for property in the city of Buffalo.

Directors (elected September, 1891).— Edwin H. Mead, South Orange, N. J. ; Thomas
Hodgson, Buffalo, N. Y. ; W. E. Street, Darien, Ct. ; Samuel Thome, George W. Qu'ntard,
New York, N. Y. ; P>anklin Selleck, H. L. Terhune, Montclair, N. J.

EDWIN H. MEAD, President New York, N. Y.

Vice-President— Samuel Thome New York, N. Y. | Sec. & Treas.— William E. Street New York, N. Y.

PRINCIPAL AND TRANSFER OFFICE 1 Broadway, New York, N. Y.

JACKSONVILLE, ST. AUGUSTINE AND HALIFAX RIVER RY. CO.

Line of Road. — South Jacksonville to St. Augustine, Fla 37.03 miles.

Sidings, all lines, 7.10 miles. Gauge, 4 ft. 8i in. Bail (steel), 60 Ibs.

History. — Chartered February 21, 1881 ; road completed June, 1883. Originally a nar-
row-gauge road, but was broadened and rebuilt in 1889. A branch from the main line to
San Mateo, 4 miles, was completed toward the close of 1891.

Rolling Stock. — Locomotive engines, 11. Cars — passenger, 17 ; baggage, mail, and ex-
press, 6 ; freight (box. 28 ; platform, 62), 90— total cars, 113. .

Operations. — Not reported.

Financial Statement, December 31, 1888 (latest furnished}.— Capital stock, $200,000 ;
funded debt, 1st mortgage 6 per cent. 30-year coupon bonds, dated August 1, 1888, interest
February and August, $1,000,000. Trustee of bonds, Mercantile Trust Co., New York, N. Y.

ROADS LEASED OR OPERATED BY THE J., ST. A. AND H. R. RY. Co.

ST. JOHN'S AND HALIFAX RIVER RAILROAD.-Palatka, Fla., to Daytona, Fla., 50.70
miles. This road passed under the operating management of the J., St. A. and H. R. Ry. Co. on May 1, 1888.

ST. ATT&USTINE AND PALATKA RAILROAD. -St. Augustine, Fla., to East Palatka, Fla.,
25.30 miles. This road passed under the operating management of the J., St. A. and H. R. Ry. Co., Dec. 1, 1888,

ST. JOHN'S RAILWAY.— Line of Road: Tocoi. Fla.. to St. Augustine, Fla., 12 miles. This road
passed under the operating management of the J., St. A. and H. R. Ry. Co., on December 1, 1888.

Officers of the J., St. A. and H. R. Ry. Co.:

HENRY M. FLAGLER, President New York, N. Y.

Vice-Pres. <fc Sec.— Chas. C. Deming.. . .New York, X.Y. | Treasurer— $. W. Crichlow St. Augustine, Fla.

PRINCIPAL OFFICE AND ADDRESS St. Augustine, Fla.

New York Office. . ..10 Wall Street.

JACKSONVILLE, TAMPA AND KEY WEST RAILWAY COMPANY.

Main Line of Road,— Jacksonville, Fla., to Sanford, Fla .125

Enterprise Branch ; Enterprise Junction to Enterprise, Fla 4

Sanford and Lake Eustis Division : Sanford to Tavares, Fla 30

De Land Branch ; De Land Junction to De Land, Fla 4

Indian River Division ; Enterprise to Titusville, Fla 37 — 200 miles.

Sidings, etc., 20.54 miles. Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs.

History. — Consolidation, May 1, 1890, of the Jacksonville, Tampa and Key Went Ry.
Co., the Atlantic Coast, St. John's and Indian River Ry. Co. and the Sanford and Lake Eustis
RR. Co. The De Land and St. John's River RR. was purchased and merged in the sumim-r
of 1890. This company has a land grant of about 1,500,000 acres. (See MANUALS for 1889
and 1891.

The company controls the Florida Southern Ry. and has issued a collateral trust loan
for $3,592,000 on that company's stock and bonds. See funded d^bt statement below. Suit
for foreclosure of Florida Southern's underlying mortgage was instituted in March, 1890, in
the interest of this company.

POOR'S MANUAL OF RAILROADS. 299

Rolling Stock.— Locomotive engines, 25. Cars — passenger, 21 ; baggage, mail, and

express, 13 ; freight (box, 382 ; stock, 4 ; platform, 85), 471 ; caboose, 5 ; other, 2— total, 512.

Operations for year ending June 30, 1891 (200 miles). — Tiain mileage — passenger, 285,-

< eight, 170,091 — total, 455,457 miles. Passengers carried, 158,387; carried one mile,

8.331.353; average mile rate, 3.01 cents. Tons freight moved, 179.853; moved one mile,

16.162,583; average ton-mile rate, 2.12 cents. Earnings — passenger, $250,918.11 ; freight,

.1.07: mail, $55.168.45: express, .$46,991.72; other, $9,227.27— total ($3,526.33 per

$70o, 266. 52. Operating expenses — transportation and motive power, $202,010.65 ;

-.•nance of cars, x68, 997.48 ; maintenance of way, etc., $101,312.53 ; general, $75,607.17

—total ($2,239.64 per mile), $447,927.83. Net earnings (36.49 per cent.), $257,338.79. Add

other receipts, $24.20— total, $257,362.99. Payments: Taxes, $29,190.41 ; interest on bonds,

$152,655: on debt, $5.887.51 ; sundry losses, $4,590.32— total, $192,323.24. Surplus, $65,-

; deficit forward, $20,622.53— net surplus, £44,417.22.

Financial Statement, June 30, 1891.— Capital stock, $3,010.000 ; funded debt, $7,666,-
000 : bills payable, $1,758,349.75; current accounts, $90,415.36; land sales, $41,824.55;
due sundry persons, $52,435; profit and loss, $44.417.22 — total, $12,063,441.88. Uvntra ;
Cast of road, $5,328,069.2-4: equipment, $313,118.50; real estate, etc., $54,778.74; securi-
ties owned, $5,378,852.20 ; materials and fuel, $39,282.30 ; Florida Construction Co., $942,-
018.96 ; due by roads operated. $434,251.35 ; current accounts, $78,883.76 ; cash on hand,
$ 4.186.83— total, $12,663,441.88.

Funded debt consists of consolidated mortgage 6 per cent. 50-year $1,000 coupon bonds,
dated May 15, 1890, interest payable March, and September, .$4,000,000 ; ten-year collateral
• >nds, dated August 1, 1888, interest payable February and July — series •' A," bearing
3 per cent, till August, 1890, 4 per cent, till August, 189 J. and 44- per cent, thereafter to
maturity, $2,692,000; series "B," bearing 2 per cent, till August 1, 1890, and 4 percent,
thereafter, $900,000; equipment trust series "A" 6 per cent. $500 coupon bonds, dated
October 1, 1888. payable $3,500 semi-annual Jy, interest payable April and October, $35,000
series "B" ditto, dated October 1, 1889, interest payable May and November. $39,000

At the date of this statement none of the new consols were actually outstanding. The
held $2,216,000 of them for retirement of an equal amount of prior liens, and the
balance, $1,784,000, was held in the treasury. Following are the outstanding prior liens,
5t which the trustee holds an equal amount of consols :

b: mortgage 6 per cent, bonds, dated March 1, 1884. due January 1, 1914. int. Jan. and July $1,566,000

J. & I. R. Ry. 1st mtge. 6 p. c. bonds, dated Sept. 1, 1885. due Jan. 1. 1906. int. Mar. & Sept. . 360,000
:v £. L. E. Ett. 1st mtge. 6 p. c. 30-year bonds, due Sept. 1. 1916. int. March and Sept -.290. wo

Interest payable at the office of the trustee, Mercantile Trust Co., New York.
Of the collateral trust bonds ($1000 each, in coupon form) series '•' A '' is secured by the
: with the American Loan and Trust Co. of Boston, of first mortgage bonds of the
Florida Southern Ry., and series "B" by the deposit of stock of the Florida Southern and
the St. John's and Lake Enstis Ry. Cos. Interest payable at the office of the American Loan
and Trust Co., Boston, Mass.

Directors (elected in March. 1891).— Robert H. Coleman, Cornwall, Pa.; Charles C.
Deming, Mason Young, Henry M. Flagl-r, New York, X. Y. ; John \V. Can iler, Frank Q.
Brown, Boston. Mass.; Archibald Rogers, Hyde Park, N. Y.

ROBERT H. COLEXIAX, President Cornwall, Pa.

•/ Sec.—C. C. Demins. . .New York. N. Y. : Treasurer— a. M. Maxwell. . . . . .New York. X. Y .

al AuctUor—i. E. Starke Jacksonville. Fla.

PRINCIPAL OFFICE AND ADDRESS Jacksonville. Fia.

Executive Office 10 Wall Street, New York, N. Y.

JUNCTION RAILROAD COMPANY.

Lines of Rn«ul • * Belm°nt to June, with P.RR. at 35th St.,W.Phila..Pa.l.89

' (No. End of M'ket St. Tunnel to Gray's Ferry, \V. Phil. 1.67— 3.56 miles.
'3d track, 3.56 ; 3d track, 0.44 ; sidings, 1.98 miles. Gauge, 4 ft. 9 in. Rail (steel), 85 Ibs.
History.— Chartered May 3, 1860. Road opened July 1. 1866.

300 POOR'S MANUAL OF RAILROADS.

Rolling Stock. — Furnished by operating companies.

Operations for year ending June 30, 1891.— Earnings— tolls on cars, $191,587.40 ; rents,
$48; miscellaneous, $62 — total, $191,697.40. Operating expenses — transportation, $7,865.37;
motive power, $57,476.22; maintenance of way, $51,289.80; general, $3,968.59— total,
$120,599.98. Net earnings (37.08 per cent.), $71,097.42. Add interest received, $15,107.42—
total available revenue, $86,204.84. Payments: Interest on bonds, $37,125; dividends
(40 p. c.), $100,000 ; taxes, $9,087.75— total, $146,212.75. Deficit for year, $60,007.91.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $250,000; funded debt,
1st mortgage 4J- per cent. $1,000 coupon bonds, due July 1, 1907, interest January and July
(authorized, $500,000), $425,000 ; 2d mortgage 6 per cent. b5-year $1,000 coupon bonds, duel
April 1, 1900, interest April and October, $300,000 ; current accounts, $15,372.97 ; profit and I
loss, $151,642,84— total, $1,142,015.81. Contra; Cost of construction, $1,034,829.40; cur-;
rent accounts, $24,919.50 ; bills receivable, $75,000 ; cash on band, $7,266.91.

Annual meeting, first Monday in April, at Philadelphia, Pa. Dividends (April and I
October) and interest payable at the office of the company. (For statement of dividends !
paid from organization to April, 1888, see MANUAL for 1888, page 1095.) Registrar of stock, j
Robert W. Smith. Bonds listed on the Philadelphia Stock Exchange.

Directors. — George B. Roberts, N. Parker Shortridge, John P. Green, A. A. McLeod, !
J. K DuBarry, Philadelphia, Pa.

GEORGE B. ROBERTS, President Philadelphia, Pa.

Secretary— 3 dhn C. Sims Philadelphia, Pa. I Comptroller— R. W. Downing Philadelphia, Pa.

Treasurer— Robert W. Smith " j Asst. Comptroller— M. Riebenack

Superintendent— William J. Latta Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS No. 233 South Fourth St., Philadelphia, Pa.

KAATERSKILL RAILROAD COMPANY.

Line of Road. — Kaater^kill Junction, N. Y., to Kaaterskill Station, N. Y 7.50 miles.

Sidings, etc., 0.25 mile. Gauge, 3 ft. Rail (steel, 7.5 miles), 40 Ibs.

History.— Chartered November 23, 1882. Road opened June 25, 1883.

Rolling' Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 2 ; baggage,
mail, and express, 2 ; other cars, 4— total, 8.

Operations for year ending June 30, 1891. — Train mileage — (mixed), 11,224 miles. Pas-
sengers carried, 27,444 ; carried one mile, 158,114 ; average mile rate, 7.17 cents. Tons
freight moved, 3,316 ; moved one mile, 16,846 ; average ton-mile rate, 17.91 cents. Earn-
ings—passenger, $11,340.52 ; freight, $3,016.47 ; mail, $97.40 ; express, $311.32 ; other,
$219.25 — total, $14,984.96. Operating expenses — transportation, $5,493.55 ; motive power,
$839.70; maintenance of cars, $366.73; maintenance of way, etc., $2,308.20; general,
$574.68— total, $9,582.86. Net earnings, $5,402.10. Payments : Interest on bonds, $3,600 ;
on debt, $954.41 ; taxes, $638.77— total, $5,193.18. Balance, surplus, $208.92 ; deficit for-
ward, $7,871.79— net deficit, $7,662.87.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $100,000 ; funded debt,
1st mortgage 6 per .cent. 20-year coupon $1,000 bonds, due January 1, 1905, interest payable
January and July, $60,000 ; bills payable, $18,000 ; current accounts, $13,218.67— total,
$191,218.67. Contra: Cost of road, $148,009.37; equipment, $28,36230; materials, etc.,
$2,169.14 ; current accounts, $414.70 ; cash, $2,857.33 ; due by agents, $1,742.96 ; profit and
loss, $7,662,87.

Annual meeting, second Tuesday of February, at Rondout, N. Y. Interest payable at
Rondout, N. Y.

Directors (elected March 3, 1891). — Edwin Young, Samuel Q. Dimmick, James H. Jones, R.
B. Jones, N. A. Sims, Rondout, N. Y. ; George J. Harding, George Harding, Philadelphia, Pa.

EDWIN YOUNG, President Rondout, N. Y.

Samuel G. Dimmick, Vice-President Kingston, N. Y.

Sec. and Treas.—R. B. Jones ». .Rondout, N. Y. | Gen. Supt.— James II. Jones Rondout, N. Y

PRINCIPAL OFFICE AND ADDRESS Rondout, N. Y.

POOR'S MANUAL OF RAILROADS.

301

KANAWHA AND MICHIGAN RAILWAY COMPANY.

( Corning, O., to Col., H. V. & T. KR. Junction 57.00

Lilies of Road:-, Point Pleasant, 0., to Dickinson'.*, \V. Va. (incl. Point

( Pleasant Bridge 2) 65.68

ingham Branch : Gloucester. 0., to South Shawnee, 0 11.32

D \ Pomeroy to Qallipolis 17.40

Trackage : €., H. \ . & 1 . RR. . ^ Armitage to Athens, 0 1.30-152.70 miles.

Sidings, 19.56 miles. Gauge, 4 ft. 9 in. Rail (steel, 130 miles), 56 Ibs.

History.— Reorganization, April, 1890: of the Kanawha and Ohio Ry. Co., whose prop-
erty was sold under foreclosure sale March 4, 1890. On July 1, 1890, this company purchased
the Charleston and Gauley Ry. It is propose.! to build an extension from Dickinson's to the
mouth of the Gauley River, and thence to mouth of Little Elk Creek, about 41 miles. The
Buckiuirham branch is leased to the Toledo and Ohio Central Ry. Co.

In Februarv, 1891, a large interest in this company was acquired by the Toledo and Ohio
Central Ry. Co., and that company guarantees principal and interest of all bonds issued or
to be issued upon this road.

Rolling Stock, June 30, 1891. — Locomotive engines, 15. Cars — passenger, 6 ; baggage,
jetc., 5 ; freight (box, 350 ; coal, 216), 566 ; caboose, 8 ; other, 12— total cars, 597. The car
trust bonds (see bond statement) cover 200 of the box cars.

Operations for year ending June 30, 1891 (141.38 miles). — Train mileage — passenger,
•304,686 ; freight, 131,094; other, 89,793— total, 525,573. Passengers carried, 169,508; car-
Iried one mile, 3,703,589 ; average mile rate, 2.72 cents. Tons freight moved, 364,302 ; moved
lone mile, 27,719,971 ; average ton-mile rate, 0.75 cent.

Famines.— Passenger $100,776 08

Freight 208,588 90

Mail and Express 11,171 90

Other . . . 7,101 89

Expenses.— Transportation $95,354 49

Motive Power and Cars 31,710 58

Maintenance Way and Buildings 98,248 59
General . 31,301 19

Total ($2.317.43 per mile) $327,638 72 Total ($1,815.07 per mile) $256,614 85

Net earnings (21.68 per cent.), $71,023.87. Other receipts : Interest and dividends, $1,-
1755.89; rentals, $11,46(5.68; other, $3,709.79— total, $16,932.36. Available revenue, $87,-
[956.23. Payments : Interest on bonds, $68/216.67 ; rentals, $10,000 ; taxes, $17,722.90— total,
•$95,939.57. Deficit, $7,983.34. Surplus forward, $12,627. Net surplus, $4,643.66.

General Balance Sheet, June 30, 1891.

Cost of Road $9,058.43:2 34

Cost of Rolling Stock 314.781 40

Securities Owned 2,000,000 00

Materials and Supplies 16,696 81

(Gauley Extension 13,896 67

ICaah and Cash Assets 41,151 25

Total Assets $11,444,958 47

Capital Stock ($100 shares) $10,000,000 00

Funded Debt 1,380.000 00

Current Accounts 46.578 14

Bond Interest Accrued 13,736 67

Profit and LOPS 4,643 66

Total Liabilities $11,444,958 47

Funded debt consisted, June 30, 1891, of $1,340,000 1st mortgage 4 per cent. 100-year
1,000 gold coupon bonds, with provision for registration of principal, due April 1, 1990,
T payable April and October ; and $40,000 7 per cent. $1,000 car trust bonds, issued in
md payable $8,000 per annum, interest payable May and November.
Principal and interest of 1st mortgage bonds guaranteed by the Toledo and Ohio Central
Ry. Co.; interest payable at the office of the trustee, the Central Trust Co. of New York. The
trustee holds $13,000 of the bonds to take up 13 Ohio Central Mineral Division bonds when pre-
sented. The authorized issue is $10,000 per mile, subject to an increase of $5,000 per mile.
iThe bonds are a lien upon all of the property, rights, and franchises of the company, iriclud-
iiiig the Point Pleasant Bridge, but not including the Raleigh County Coal lands. The
jcompany owns $1,000,000 of the $10,000,000 stock issued.

Annual meeting, first Tuesday after first Monday in June. Stock and bonds listed on
:he Xew York Stock Exchange.

302 POOR'S MANUAL OF RAILROADS.

Directors (elected June 2, 1891).— Stevenson Burke, Charles G. Hickox, Cleveland, u.;
Nelson Robinson, E. C. Romans, R. W. Kelley, J. W. Simpson, J. M. Townly, W. P. Palmer,
New York, N. Y.; Charles H. Roberts, Oakes, N. Y.

STEVENSON BURKE, President Cleveland, 0.

Nelson Robinson, Vice-President New York, N. Y.

Sec. and Treas.-H. T. H. Halaey .... New York, N.Y. | General Manager— J. M. Ferris Toledo, 0.

PRINCIPAL OFFICE AND ADDRESS Toledo, o.

Transfer Office 2 Wall Street, New York, N. Y.

KANONA AND PRATTSBURGH RAILROAD COMPANY.

Line of Road.— Kanona, N. Y., to Prattsburgb, N. Y 11 .44 miles.

Sidings, 1 mile. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History. — Chartered in 1888 ; construction commenced in July, 1888, and road opened!
October 12, 1889. Extension to Geneva and to Stanley is projected. The company has aj
freight traffic arrangement with the New York, Lake Erie and Western RR. Co., under
which that company furnishes cars for through business.

Rolling Stock, June 30, 1891. — Locomotive, 1. Cars — passenger, 1 ; freight (box, 6:;
fiat, 6), 12— total cars, 13.

Operations for year ending June 30, 1891. — Train mileage (mixed), 12,520. Passengers
carried, 11,776. Tons freight moved, 8,130. Earnings— passenger, $4,989.40 ; freight, $6,4
096.78 ; mail, $480.07 ; other, $142.23— total, $12,308.48. Operating expenses, $7,913.69.
Net earnings, $4,394.79.

Financial Statement, June 30, 1891.— Capital stock (par value, $100), $12,000 ; funded!
debt, $192,000 1st mortgage 6 per cent. 30-year gold bonds, dated January 1, 1888, interest!'
payable April and October; loans and bills payable, $110,000— total, $314,000. Contra . !
Cost of road, $140,000 : materials and supplies, $2,000 ; cash and accounts, $824.26 — total,|i
$142,824.26. Interest payable at office of trustee, Farmers' Loan and Trust Co., New York.
N. Y.

Directors. — Martin Pinney, A. K. Smith, J. K. Smith, Prattsburgh, N. Y. ; J. Hegemanj
Foster, Charles Kimball, Charles 0. Thompson. A. E. Godeffroy, New York City.

A. E. GODEFFKOY, Pres. & Gen. Man 45 Broadway, New York City. •

Martin Pinney, V 'ice-President ' Prattsburgh, N. Y.

Secretary— J. K. Smith Prattsburgh, N. Y. ] Treasurer— A. K. Smith Prattsburgh. X. Y '

Superintendent— A . G. Baker Prattsburgh, N. Y.

PRINCIPAL OFFICE AND ADDRESS Prattsburgh, N. Y.

KANKAKEE AND SENECA RAILROAD COMPANY.

Line of Road.— Kankakee, 111., to Seneca, 111 42.08 ;

Sidings, 5.49 miles. Gauge, 4 ft. 8^ in. Rail (steel, 16.97 miles), 56 Ibs. per yard.

History. — Chartered February 22, 1881 ; road opened in January, 1882. It connects tiu
C., C., C. & St. L. System with the Chicago, Rock Island and Pacific, and is owned jointly b\
those companies. Operated by the C., C., C. & St. L. Ry. Co.

Operations for year ending June 30, 1891. — Train mileage (mixed), 56,787 miles,
sengers carried, 23,607 ; carried one mile, 393,249 ; average mile late, 2.79 cents. Ton
freight moved, 240,257 ; moved one mile, 6,496,362 ; average ton-mile rate, 1.01 cents,
ino-s— passenger, $10,964.51 ; freight, $65,725.05 ; mail, $1,862.20 ; express, $2,400 ; othe-
$80 — total, $81,031.76. Operating expenses — transportation, $15,971.83; rolling stock, $5.
621.63; maintenance of way, etc., $31,062.11; general, $16,137.52— total, $68,793.09.
earnings, $12.238.67. Payments : Interest on bonds, $39,000 ; taxes, etc., $0,133.05— total ^
$45,133.05. Deficit, $32,894.38. Deficit forward, $288,455.66— total $321,350.04.

POOR'S MANUAL OF RAILROADS. 303

Financial Statement, June 30, 1891.— Capital stock (par, $50), $10,000 ; funded debt,
(1st mortgage 6 per cent. 40-year coupon bonds, due July 1, 1922, interest payable January
and July), $650,000; interest unpaid, $351,000— total, $1,011,000. Contra: Cost of road,
$682,228.87 ; current accounts, $7,421.09 ; profit and loss, $321,350.04— total, $1,011,000.

Annual meeting, last Wednesday in October, at Kaukakee, III. Books close ten days
before and reopen immediately after the meeting. Trustees of bonds, R. R. Cable and
M. E. Ingalls. Interest payable at the office of Drexel, Morgan & Co., New York, N. Y.

Directors.— M. E. Ingalls, E. F. Osborn, Cincinnati, O. ; R. R. Cable, W. G. Purdy,
Chicago, 111.; T. P. Bonfield, Kankakee, III.

T. P. BONFIELD, President Kankakee, III.

.Stt-n tary—E. F. Osborn Cincinnati, O. j Treasurer— George S. Russell Cleveland, O.

PRINCIPAL OFFICE AND ADDRESS Cincinnati, 0.

KANSAS CITY AND INDEPENDENCE RAPID TRANSIT RY.

Line of Road. — Kansas City, Mo., to Independence, Mo 8.16 milee.

2d track, 8.16 miles. Sidings, 1.48 miles. Gauge, 4 ft. 8£ in. Rail (steel), 40 Ibs.

History. — Chartered iu February, 1889 ; road opened March 1, 1889. Successor to the
Kansas City, Independence and Park Ry. Co.

Rolling Stock, December 31, 1891. — Locomotive engine?, 6. Cars — passenger, 18 ;
express, 1 ; freight (platform, 8 ; box, 1), 9 — total cars, 28.

Operations for year ending December 31, 1891. — Train mileage (passenger), 164,946
miles. Passengers carried, 807,270. Earnings— passenger, $81,381.15 ; other, $14.597.01—
total, $95,978.16. Expenses— transportation, $26,940.27 ; motive power and cars, $11,863.91 ;
maintenance of way and buildings, $3,554.57 ; genera], $11,878.67 — total, $54,237.42. Net
earnings, $41,740.74. Paid interest on bonds, $^3,125. Balance, 'surplus, $18,615.74.

Financial Statement, December 81, 1891.— Capital stock, $1,000,000 ; funded debt, 1st
mortgage 5 per cent. 20-year $1,000 coupon bonds, due March 1, 1909, interest payable March
and September ($1,000,000 authorized), $475,000 ; bills payable, $168,759 ; coupons unpaid,
$22,600 ; vouchers unpaid, $10,698.69 ; profit and loss, $49,150.92— total, $1,726,208.61.
Contra : Cost of road, etc., $1,641,107.83 ; real estate, $61,091.31 ; stocks and bonds owned,
$300; bills receivable, $3,100.18; current accounts, $1,854.88; cash on hand, $4,277.41 ;
deposited with Central Trust Co. to pay coupons, $14,475.

Annual meeting, first Tuesday in March, at Kansas City. Mo. Interest on bonds payable
at office of trustee, Central Trust Co., New York, N. Y.

Directors.— Walton H. Holmes, Chas. L. Hutchinson, W. B. Clarke, C. F. Holmes,
Daniel B. Holmes, Kansas City, Mo.

WALTOX H. HOLMES, President Kansas City, Mo.

Chas. L. Hutcbinson, Vice-President Chicago, III.

Secretary— Daniel B. Holmes Kansas City. Mo. Treasurer— W . B. Clarke. .. .. .Kansas Chv Mo

General Manager— C. F. Holmes Kansas City. Mo. Auditor— T. J. Fry Kansas Cit\-. Mo.

PRINCIPAL OFFICE AND ADDRESS 1500 Grand Avenue, Kansas City, Mo.

KANSAS CITY BRIDGE AND TERMINAL RAILWAY.

Line of Road.— Sheffield to loth Street, Kansas City, Mo 1.25

Fair (r round Branch, 2.31 ; Brush Creek Branch, 2.44 4. 75 — 6 miles.

Sidings, 0.50 mile. Gauge, 4 ft. 8£ in. Rail (steel),' 60 Ibs.

History.— Chartered April 3, 1889. Road completed as above in 1891, but not as yet put
in operation, the bridge across the Misbouii River being uncompleted. In August, 13yi,
Webster Withers and Walton H. Holmes were appointed joint receivers of this railroad on
application of the mortgage trustees.

304

POOR S MANUAL OF RAILROADS.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $1,475,000 ; funded
debt 1st mortgage 6 per cent. 30-year $500 coupon bonds, due July 1, 1919, interest payable
January and July, $975,000 — total, representing cost of road and bridge, $2,450,000.

Annual meeting, Tuesday following first Monday in June, at Kansas City, Mo. ; books
close thirty days previously. Trustee of bonds, Central Trust Co. of New York. Registrar
of stock, Secretary of company.

Directors.— H. H. Fairbanks, Worcester, Ma^s. ; Everett W. Burdett, Clias. A. Snow,
Willard R. Wilson, Geo. A. Goddard, Boston, Mass. ; W. E. Hanson, Chas. A. Peabody,
Gardiner Lathrop, Kansas City, Mo. ; J. H. Whitmore, Stoneliam, Mass.

WEBSTER WITHERS, ) „

W. H. HOLMES, \ ^eivers.. Kansas City, Mo.

CHARLES A. SNOW, President Boston, Mass.

Sec. and Treas.— Willard R. Wilson Boston, Mass. | Superintendent— W . E. Hanson Kansas city, Mo.

PRINCIPAL AND TRANSFP:R OFFICES Kansas City, Mo.

KANSAS CITY, CLINTON AND SPRINGFIELD RAILWAY CO.

Main Line of Road.— Olathe, Kan., to Ash Grove, Mo 154.22

Branch : Raymore Junction to Pleasant Hill, Mo 8.41 — 162.63 miles.

Sidings, 18.61 miles. Gauge, 4 ft. 8i in. Rail (steel, 161.94 miles), 56 Ibs.

History. — Consolidation February 12, 1885, of the Kansas City, Clinton and Springfield,
and the Pleasant Hill and De Soto RR. Cos. Road opened throughout, November 1, 1885.
The Kansas City, Fort Scott and Memphis RR. Co. is largely interested in this company.
(See MANUAL for 1888, page 774.)

Rolling Stock, June 30, 1891. — Locomotive engines, 12. Cars— passenger, 6 ; baggage,
mail, and express, 3 ; freight (box, 100 ; coal, 175 ; caboose, 8), 283— total cars, 292.

Operations for year ending June 30, 1891. — Train mileage — passenger, 115,231 ; freight,
197,448— total, 312,679 miles. Passengers carried, 114,826 ; carried one mile, 3,337,341 ;
average mile rate, 2.51 cents. Tons freight moved, 304,273; moved one mile, 28,619,328 ;
average ton-mile rate, 0.95 cent.

Kariiiiiurs.— Passenger $83,888 02

Freight 272,381 67

Mail 8,065 24

Express 5,400 00

Miscellaneous 15,888 04

Expenses.— Transportation $39,426 39

Motive Power and Cars 70,403 01

Maintenance Way and Buildings 100,363 94
General 13,107 30

Total ($2,371.11 per mile)

Net earnings (42.09 per cent.), $162,322.33.
other interest, $14,004.49 ; taxes, $21,954.73— total, $199,619.22.
89 ; add deficit forward, $241,238.35— total, $278,535.24.

97 Total ($1,373.06 per mile) $223.300 <>4

Payments : Interest on bonds, $163,660 ;

Balance, deficit, $37,296.-

Oeneral Balance Sheet, July 1, 1891.

•Cost of Koad $4,814,297 25

Cost of Equipment 240.324 78

•Cash on Hand 5,156 20

Supplies on Hand 11,592 62

Income Account 278,535 24

Capital Stock (par, $100) $1 ,775,400 00

Funded Debt 3,250,000 00

Bills Payable 259.000 00

Current Accounts 2.",.

Accrued Interest 40,915 00

Unpaid Coupons

Total Assets $5,349,906 09 Total Liabilities $5,349,906 09

Funded debt consists of $3,192,000 1st mortgage 5 per cent. 40-year $1,000 gold bonds,
due October 1, 1925, interest payable April and October, and $58,000 Pleasant Hill and De
Soto RR. 1st mortgage 7 per cent. 30-year $500 gold bonds, due October 1, 1907, hit--
payable April and October. Interest, which is guaranteed by the Kansas City, Fort S
and Memphis RR. Co., payable at Merchants' National Bank, Boston, Mass.

POOR'S MANUAL OF RAILROADS. 305

The 1st mortgage bonds are secured on the entire property of the company, subject to the

• bonds of the Pleasant Hill and De Soto RR.

Annual meeting, second Wednesday in March, at Kansas City, Mo. Trustee of bonds,
New England Trust Co., Boston, Mass. Registrar of stock and transfer agent, Chfcrles Mer-
riam, Boston, Mass.

Directors (elected March -9, 1893).— George H. Xettletou, Wallace Pratt, J. S. Ford,
AV. W. Pagan, W. S. Washburne, W. J. Ferry, J. H. Emmert, Wm. E. Dunn, I. P. Dana,
Kansas City. Mo.

GEO. H. NETTLETOX, President and General Manager. . . .Kansas C'ity, Mo.

Trim*. .If//.— Charles Merriam. .Boston, Mass. | Camp, and Secretary— J. S. Ford Kansas City, Mo.

PRINCIPAL OFFICE AND ADDRESS Kansas City, Mo.

Transfer Office 50 State Street, Boston, Mass.

KANSAS CITY, EL PASO AND MEXICAN RAILROAD COMPANY.

Projected Line of Road.— El Paso, Tex., to White Oaks, N. M 160 miles.

Completed : El Paso, Tex., to Lanoria .' 10 miles.

Gauge, 4 ft. 8i in. Rail (steel), 60 Ibs.

History.— Chartered in New Mexico July 10, 1888, and in Texas October 13, 1888. Road
completed as above December 1, 1888. Owing to litigation, work was suspended, the com-
pany was enjoined from issuing any stocks or bonds, and a receiver \v&s appointed.

Rolling Stock.— Not reported.

Financial Statement.— Capital stock authorized, $3,200,000. Funded debt, authorized,
consists of $3,200,000 6 per cent. 50-year $1,000 gold bonds, dated November 1, 1888, interest
payable May and November ; not yet issued. Contra : Cost of road, etc., $3,200,000, includ-
ing terminals, survey of entire projected line, yards, etc.

Directors. — Not reported.

CHARLES DAVIS, Receiver El Paso, Tex.

Morris R. Locke, Acting Manager El Paso, Tex.

PRINCIPAL OFFICE AND ADDRESS El Paso, Tex.

KANSAS CITY, FORT SCOTT AND MEMPHIS RAILROAD.

Main Line of Road.— Kansas City, Mo., to Memphis, Tenn 484.53 miles.

Rich H.& Carbon Cen. Br. : Miami, Kan., to coal mines n. Rich Hill, Mo. . .27.54
Webb City Branch : Ft. S., S. E. & M. Junction to Webb City, Mo 80.09

syvale Branch : Arcadia, Kan., to Cherry vale, Kan 74.50

Weir City Branch ; Weir City Junction to Weir City, Kan 3.94 — 186.07 miles.

Total length of lines, June 30, 1891 670.60 miles.

3d track, 8.83 ; sidings, 185.53 m. Gauge, 4 ft. 8i in. Rail (steel, 608.77 m.), 45 to 67 Ibs.

History. —Consolidation, April 23, 1888, of the Kansas City, Fort Scott and Springfield
and the Kansas City, Springfield and Memphis RR. Cos. (See MANUAL for 1888.)

Rolling; Stock, June 30, 1891. — Locomotive engines, 136. Cars — passenger, 44 ; com-
bination, 1 ; baggage, mail, and express, 25 ; freight (box, 2,512 ; platform, 277 ; stock, 307;
coal, 2,537 ; fruit, 90 ; refrigerator, 182 ; furniture, 150 ; caboose, 84), 6,139 ; other, 12—
total cars, 6,232. Of the foregoing, 21 locomotives, 2 passenger cars, 400 box, 250 coal, 50
flat, 150 furniture, 16 caboose, and 2 other cars belong to the Kansas Equipment Co.

Operations for year ending June 30, 1891. — Train mileage— passenger, 1,093,504 ; freight,
2,402,602 ; mixed, 26,690 ; work, 198,293 ; switching, 1,049,059— total, 4,770,148 miles.
Passengers carried, 921,982 ; carried one mile, 40,453,064 ; average mile rate, 2.32 cents.
20

306

POOR 8 MANUAL — KANSAS CITY, FOET SCOTT AND MEMPHIS RR.

Tons freight moved, 2,451,548: moved one mile, 405,362,003; average ton-mile rate, 0.844

cent.

Earnings.— Passenger $940,125 95

Freight 3,4v51,166 33

Mail 82,131 97

Express 77,514 38

Miscellaneous 182,203 19

Expanses.— Transportation $776,998 99

Motive Power 812,38021

Maintenance of Cars 384,179 33

Maintenance Way & Buildings 813.660 05

General and Taxes 601,999 31

Total ($7,013.34 per mile) $4,703,141 82 Total ($5,054.01 per mile) $3,389,217 89

Net earnings (27.93 per cent.), $1,313.923.93. Add income from miscellaneous sources,
$11,803.34— total available revenue, $1,325,727.27. Payments: Interest on bonded debt
(including cou on notes), $1,030,841.29 ; accrued on account of annual investment in bonds
of the Equipment Co., $12,000; traffic guarantees, $18,645.24; sinking fund payments,
$7,360 ; dividends (on preferred stock, August 15, 1890, and February 15, 1891, 4 per cent,
each, $219,984 ; on common stock, August 15, 1890, and February 15, 1891, l£ per cent, and
1 per cent, respectively, $247,450), $467,434— total, $1,536,280.53. Balance, deficit, $210,-
553.26. Surplus forward, $1,253,792.40. Surplus as per general balance sheet, $1,043,-

239.14.

General Balance Sheet, June 30, 1891.
Road and Equipment ;

Cost of Road $24,861,236 19

New Work in Progress— Not Completed. . 143,195 59

Value of Equipment 3,863,213 76

Value of Equipment Purchased from Kan-
sas Equipment Co • 674,923 82

Total $29,542,569 36

Investments ($1,036,342.49):
Stock of Union Depot Co. of Kansas City

representing one-tenth interest in that

Company 10,076 20

Stock of Other Companies 683,754 00

Material for Future Use 336,512 29

Bonds Kansas City Belt Ry. Co 6,000 00

Trust Accounts ($316,451.71) :
Trustees K. C., F. S. & G. RR. Co. 1st

Mortgage 49,098 96

Trustee Sinking Fund : Bonds and Cash

held by them 255,277 62

Trustees Kansas Equipment Co.: Bonds

and Cash held by them 12,075 13

Cash Assets ($3,168,342.23) :

Cash 160,918 93

Bills Receivable 358,000 00

Bonds and Stock K. C. &M.Ry. &B. Co. . 1,979,750 00
Subscribers to Bonds K. C. & M. Ry. & B.

Co., Uncalled Balance 396,150 00

Balance of Open Accounts 273,523 30

Capital Stock :

Common Stock

Preferred Stock Contracts.

$9,997,000 00
2,750,000 00

Total $12,747,00000

16,919,000 00

Funded Debt

Trust Accounts ($331,786) :
Sinking Fund : Bonds and Cash held by

Trustees of " Leased Lines " Mortgages 255,277 62
Sinking Fund : Kansas Equipment Co. . . 18,075 13
Land Income Account : Funds held by

Trustees of K. C., F. S. & G. RR. Co.

1st Mortgage to retire Bonds 58,433 25

Current Liabilities ($3,022,680.65) :

Accrued Interest to Date on Bonds 193,64^ 50

Unpaid Coupons, not Presented 12,945 00

Bills Payable 472,000 00

K. C., M. & Birm. RR. Co.: Amount

Accrued under Traffic Guarantee 6.143 15

Subscriptions to Bonds of K., C. & M. Ry.

and Bridge Co 2,337.9:," 00

Income Account-Credit Balance 1,043.239 14

Total Assets $34,063,705 79 Total Liabilities $34,063,705 79

The item " Stocks of other Companies" consists of K. C., M. & B. ^tock, 29,780
(par, $100), issued under contract of the K. C., S. & M. RR. Co., valued in account at
750 ; K. C., C. & S. stock, 8,877 shares (par, $100), issued under contract of the K. C., F. S
G. RR. to guarantee the bonds of the K. C., C. & S. Ry. Co., valued in account at $1 ; K. C
Belt stock, 300 shares, issued to the K. C., F. S. & G. RR. Co., on its original subscription to
the stock and bonds of that company, valued in account at $1 ; K. C., Ft. S. & M. I
990 shares, issued to itself at various periods, valued in account at $1 ; and Current River R
Co., 9,420 shares, issued to the K. C., S. & M. RR. Co., under contract of February 14, If
by which the K. C., S. & M. RR. Co. furnished the money for the construction of the Current
River road, valued in account at $1— total value in accounts, $683,754. Total par value of
stocks, $4,936.700,

POOR'S MANUAJL— KANSAS CITY, FORT SCOTT AND MEMPHIS RR.

307

Sinking Fund Account, June 30, 1891, consisted of bonds and cash as follows : F. S., S.
E. & M. RR., $177,522.55 ; R. H. RR., $40,701.13 ; S. C. & J. RR., $37,053.94— total lines.
$255,277.62.

Statement of funded debt, June 30, 1891.

DESCRIPTION.

Miles
of
RR.

DATE OF

INTEREST.

AMOUNT.

Issue.

Maturity.

«
«

K

Payable.

Amt. of
Interest

Total.

Per Mile.

K.C..K.S. & G. RR.Co. 1st mtge. \
RR. and entire property f

Bonds: Principal and Interest
guaranteed by K. C., F. S. &
G. RR. Co.:
F. S., S. E. & M. RR. 1st mtge. *
on RR. and roliinsr stock \
Rich Hill RR., 1st mtge. RR
Sh.Creek&Joplin RR.lstmtg.RR.
Mem., Kan. & Col. Ry., 1st mtg. /
on RK. and rolling stuck t"
Kau. & Mo. RR., let mtg. on RR.

Total

159.92

102.85

27.54
22.38

49.79
26.18

June 2, 1879
Sept. I, 1890

June 1, 1908
Sept. 1, 1910

p.c.

7

7

7

7

7
5

6

6

6
6

6

5

June &Dec.

Mar. & Sept.

Feb. & Aug.
May & Nov.

May & Nov.

June &Dec.
Jan. & July
Feb. & Aug.

Jan. & July

$

157,290

40.040

3.990
6,580

34.440
19,500

$

2,247,000

572.000

^7,000
94,000

492,000
390,000

$

14,050 78

5,561 50

2,069 72
4,200 18

9,881 52
14,896 87

Mar. 1, 1884
Aug. 1, 1882

May 1, 1888

May 1, 1884

Dec. 1, 1885
Jan. 15, 18S6
Feb. 15, 1886

Dec.26, 1889

Aug. 1, 1922
May 1, 1928

May 1, 1894

Dec. 1, 1895
Jan. 15, 1896
Feb. 15, 1896

Jan. 1. 1905

388.66
670.60

261,840 3.852.000 9,910 98
693.660 11,561.000 17,239 78

K.C..F.S. & M. RR., Consol. Mtg.
Total

670.60
281.94

955,500

30,000

6.000
10.200
3.000

15,413,000

500,000

100.000
170.000
50.000

22,983 89
1,773 43

Bonds and notes against which
consol. 6'« of 1888 are reserved :
K. Cy., Sp. & Mem. RR., Plain..
K. C., Ft. S. & G. Rli. Co.:
' 10-year coupon notes . ...

Total

670.60

1,004700
34.300

16,233,000
686.000

24,206 68

Kansas Equipment Company .•
L 1st mtg. on rolling stock, pur-
chased with proceeds of bonds

•*-v Total bonded debt

1-039,000

159.600
32.040
80.300
125.300

16.919,000

3.192.000
534.000
1.606.000
2,506.000

Bonds of other Cos. guaranteed :
Kan.C'y,Clinton&Spr'gf d Ry . Co.
Kansas City Belt Ry. Co. . .
Current River RR. Co

Oct. I, 1885
July 1, 1886
Oct. 1, 1887
Oct. -1, 1889

Oct. 1. 1925
July 1, 1916
Oct. 1, 1927
Oct. 1. 1929

5
6
5
5

Apr. & Oct.
Jan. £ July
Apr. & Oct.
Apr. & Oct.

Kan. C'y & Mem. Ry. & Br. Co. .

NOTE.— Average interest per mile per annum, $1,549.36 ; average rate of interest per annum, 6.14 per cent.

The consolidated bonds (trustee, New England Trust Co., Boston, Mass.) will retire all
the bonds except the Current River, Kansas City, Clinton and Springfield, and Kansas City
Belt Ry. bonds, which are not covered by this mortgage. The guaranteed bonds of 1910
(excepting the M., K. and C. bonds, which have no sinking fund) have a sinking fund of 1
per cent, of whole issue annually, with which bonds are bought at 110, or if not offered are
drawn at 105. In March, 1892, an additional $500,000 Kaunas City and Memphis Ry. and
Bridge Co. 5 per cent. 40-year 1st mortgage gold bonds were issued, stockholders of this com-
pany having the right to subscribe pro rata at 92^ per cent, and accrued interest. In addi-
tion to the railroad from Kansas City, Mo., to Baxter Springs, Kan., 159.92 miles, the K. C.,
F. S. & G. firsts of 1908 are a lien on 42 locomotives, 22 passenger cars, 1 combination car,
12 baggage, etc., cars, 437 box cars, 712 coal cars, 50 flat cars, 57 stock cars, 25 caboose cars,
and 4 other cars, and also upon all the securities owned by the company at the time of the
Consolidation. The F. S., S. E. & M. bonds are also secured on 5 locomotives, 50 stock cars,
300 coal cars, and 5 caboose cars, and the M., K. & C. bonds on 1 locomotive. 40 box cars, and
100 coal cars.

Land Department. — There were no eales during the past year. Receipts; On credit

308 POOR'S MANUAL OF RAILEOADS.

sales, $12,517.50; royalty and rent, $974.89; miscellaneous, $2,213.96— total receipts, $15,-
706.35. The expenses of the department amounted to $1,816.37 — leaving net receipts for
year, $13,889.98. The value of unsold lands and the assets of the department at the close
of the year were as follows : Unsold coal lands, 2,440.04 acres, valued at $91,501.50 ; unsold
agricultural land, 876.12 acres, valued at $9,637.32 ; land, the surface of which has been
sold, but mineral rights reserved, 2,428.37 acres, valued at $60,709.25 ; town lots unsold,
valued at $2,643.50 ; unpaid principal on contracts, $14,537.39 ; funds held by and due to
trustees, $58,433.25. Total value of assets, $237,462.21. Proceeds of land and lot sales are
applicable to the reduction of the mortgage bonds.

Annual meeting, second Wednesday in March. Preferred stock entitled to 8 per cent,
interest, if earned. Dividends and interest on 10-^ ear coupon notes payable at the company's
office, Boston, Mass.; interest on K. C., F. S. & Or. Ists of 1908 and guaranteed bonds, on
consols of 1928, and on Kansas equipment bonds, at the National Webster Bank, Boston,
Mass.; on plain bonds of 1894, and bonds of Kansas City and Memphis Ry. and Bridge Co.,
at the National Union Bank, Boston, Mass.

Directors (elected March 9, 1892).— H. H. Hunnewell, Charles Merriam, Nathaniel
Thayer, E. V. R. Thayer, John A. Burnham, T. Jefferson Coolidge, B. P. Cheney, Abbott
Lawrence, Francis Bartlett, Boston, Mass.; Geo. H. Nettleton, Kansas City, Mo.; B. P.
McDonald, C. W. Blair, Fort Scott, Kan.; O. E. Learnard, Lawrence, Kan.

II. H. HUNNEWELL, Chairman of Board Boston, Mass.

G. H. NETTLETON. President and General Manager Kansas City, Mo.

.Secretary and Treas. — Charles Merriam. Boston, Mass, j Comptroller — J. S. Ford .Kansas City, Mo.

PRINCIPAL OFFICE AND ADDRESS Kansas City, Mo.

Financial Office and Transfer Agency 50 State Street, Boston, Mass.

KANSAS CITY, FORT SMITH AND SOUTHERN RAILWAY COMPANY.

Line of Road as Projected.— Kansas City, Mo., to Sabine Pass. Tex 650.00 miles.

Completed, June 30, 1891.

Main Line, : Joplin, Mo., to Sulphur Springs, Ark 51.10

Branch ; Splitlog June, to Splitlog, Mo 7.00 — 58.10 miles.

Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History.— Chartered March 11, 1887. Main line built in 1890, and branch in 1891.

Rolling* Stock, June 30, 1891.— Locomotive engines (owned, 1 ; leased, 2), 3. Cars —
passenger, 2 ; combination passenger, 2 ; platform, 4 — total, 8.

Operations for year ending June 30, 1891. — Train mileage — passenger, 19,176 ; mixed,
36,210 ; other, 3,000— total, 58,386 miles. Passengers carried, 39,584 ; carried one mile,
725,040 ; average mile rate, 2.67 cents. Tons freight moved, 29,331 ; moved one mile, 817,-
OU5 ; average ton-mile rate, 3.29 cents. Earnings— passenger, $19,325.50 ; freight, §26,-
904.81 ; mail, $1,761.25 ; express, $635.37 ; other, $282— total, $48,908.93. Operating
expenses — transportation, $15,317.16; motive power, $2,001.22; maintenance way, etc.,
$10,802.41 ; general, $10,121.33— total, $38,242.12. Net earnings, $10,666.81. Payments
not reported.

Financial Statement, June 30, 1891. — Capital stock not reported. Cost of road, $568,-
044.88 ; rolling stock, $34,506.15. First mortgage bonds to the amount of $825,000 are author-
ized ; none issued.

Directors (elected March 11, 1891).— L. L. Bush, H. W. Bush, J. W. Bush, P. D. Peters,
Neosho, Mo.; J. C. Cravens, Springfield, Mo ; B. F. Requa, Splitlog, Mo.; E. F. Ware, Ft.
Scott, Kan.

L. L. BUSH, President and General Manager Neosho, Mo.

C. A. Fon Dersmith, 1st Vice-President Lancaster, Pa.

E. F. Ware, 2d Vice- President Fort Scott, Kan.

.Secretary and Auditor— P. D. Peters Neosho, Mo. | Treasurer— W. J. Latta Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS Neosho, Mo.

POOR'S MANUAL OF RAILROADS. 309

KANSAS CITY, MEMPHIS AND BIRMINGHAM RAILROAD COMPANY,

Line of Road. — Memphis. Tenn., to Birmingham, Ala 253.24 miles.

Al>t /•</«/< Jiranch : Aberdeen Junction, Miss., to Aberdeen, Miss 12.27

<> utcr Branch : Ensley, Ala., to Bessemer, Ala 11.06 — 23.33 miles.

Total length of line operated, June 30, 1891 270.57 miles.

Sidings, 47.87 miles. Gauge, 4 ft. Si in. Rail (steel), 60 Ibs.

History.— Consolidation, February 1, 1887, of a company of the same name with the
Memphis and Birmingham Ry. Co. The Kansas City, Fort Scott and Memphis RR. Co., by
which the company is controlled, sets aside 10 per cent, of gross earnings from business inter-
changed with this road, for a period of 40 years from March 1, 1887. to be applied to ] ay-
ment of any arrt-ars of interest and to purchase of bonds at not exceeding 110 and accrued
interest. (See MANUAL for 1891.)

Rolling Stock, June 30, 1891.— Locomotive engines, 41. Curs— passenger, 23 ; baggage,
mail, and express, 6 ; freight (box, 490 ; refrigerator, 50 ; platform, 148 ; stock, 13 ; coal,
1,040 ; caboose, 25), 1,766 ; other cars, 4— total cars, 1,799. Included in the foregoing are
30 locomotives, 16 passenger cars, 4 baggage, etc., cars, and 1,677 freight cars (box, 470 ; re-
fiigerator, 50 ; flat, 83 ; stock, 10 : coal, 1,040 ; caboose, 24), owned by equipment companies.
Operations for year ending June 30, 1891. — Train mileage — passenger, 445,442 ; freight,.
653,596 ; other, 158,772— total, 1,257,810 miles. Passengers carried, 279,266 ; carried one
mile, 13,624.231 ; average mile rate, 2.32 cents. Tons freight moved, 732,718; moved one
mile, 86,659,851 ; average ton-mile rate, 0.95 cent.

Earnings.— Freight $824,203 81 \ Expenses.— Transportation §267,578 5O

Passenger 316,178 13 Motive Power 188,997 17

Mail 16,695 51 I Maintenance of Cars 84,96364

Express 15,88454 Maintenance Way & Buildings. . 224,69619

Miscellaneous 19,20324 General and Taxes 195,01271

Total ($4,310.54 per mile) $1,192,165 23 Total ($3,475.61 per mile) $961.24^ 2]

Net earnings (19.38 per cent.), $230,917.02. Add other receipts : Miscellaneous interest,
$2,627.62 ; K. C., S. & M. RR. Co., traffic contract, $17,494.98— total. $251,039.62. Paid
interest on bonds, $427,105. Balance, deficit, $176,065.38. Deficit forward, $6,130.99—
total, $182,196.37.

General Balance Sheet, June 30, 1891.

>8t of Road $12,641,983 06

ew Work in Progress 33:447 56

>st of Rolling Stock 1,347,050 71

Capital Stock (par, $100) $5,956,000 00

Funded Debt Outstanding 8,083,000 00

Sinking Fund— Memphis Equip. Co 12,000 00

City of Aberdeen, Miss., Bond? Owned... 50,000 00 ' Accrued Interest on Bond? 139.64167

Materials and Fuel on Hand 54,017 65 Unpaid Coupons— not Presented 4,630 00-

Cash and Current Accounts 52,795 20 Bills Payable ; 164.000 00

K.C.,S. AM. RR. Co.— Traffic Guaranty. 7,51561 Current Liabilities 9,73449

Profit and Loss. . . 182,196 37

Total Assets $14,369,006 16 I Total Liabilities $14,369,006 16

Funded debt outstanding ($8,083,000) consisted June 30, 1891, of :

1st mtge. 5 per cent. 40-year $1.000 bonds, due March 1. 1927, interest March and September $6,892,000

Car trust 15-year gold bonds, due March 1, 1903 (Birmingham Equipment Co.) int. March and Sept 1,000,000

Car trust 15-year bonds, due August 1, 1905 (Memphis Equipment Co.) interest Feb. and August 191,000

Principal and interest on both issues of equipment bonds is guaranteed by the K. C.. M.
& B. RR. Co. The first mortgage bonds are authorized at the rate of $25,000 per mile. The
equipment bonds may be redeemed on sixty days' notice at 110 and accrued interest.

In August, 1891, the Directors submitted a proposition to the first mortgage bondholders
to fund five coupons, beginning September 1, 1891, into 10-year 6 per cent, notes, secured by
the coupons deposited in trust. The coupons of equipment bonds will be paid in cash as
heretofore. These notes may be redeemed on any coupon day at par at three weeks notice, or
may be drawn in part at par and paid on any coupon day, or may be bought on proposal any
time at less than par.

Annual meeting, first Wednesday in February, at Memphis, Tenn. ; books close 14 days-
previously. Registrar of stock, Charles Merriam, Boston, Mass.

310 POOR'S MANUAL OF EAILROAD8.

Directors. — Geo. H. Nettleton, Kansas City, Mo. ; Nathaniel Thayer, H. H. Hunnewell,
Charles Merriam, T. Jefferson Coolidge, Francis Bartlett, Abbott Lawrence, E. V. R. Thayer,
Alex. Cochrane, Boston, Mass.

GEO. H. NET TL ETON, President and General Manager. . . .Kansas City, Mo.

Secretary and Treas.— Chas. Merriam Boston, Mass. | Comptroller— 3 . S. Ford Kansas City, Mo.

Auditor — Cyrus Garnsey, Jr Memphis, Tenn.

PRINCIPAL OFFICE AND ADDKESS Kansas City, Mo.

KANSAS CITY, OSCEOLA AND SOUTHERN RAILWAY COMPANY.

Line of Road. — Kansas City, Mo., to Osceola, Mo 111.39 miles.

Sidings, 10.66 miles. Gauge, 4 ft. 8| in. Bail, 56 and 60 Ibs.

History. — Incorporated April 22, 1891, as successor to the Kansas City and Southern RR-
Co., whose property was sold under foreclosure in April, 1891. (See MANUAL for 1891.)

Rolling Stock, December 31,1891. — Locomotive engines, 8. Cars— passenger, 6 ; baggage,
mail, and express, 3; freight (box, 23 ; stock, 20 ; coal, 204), 247 ; caboose, 3 — total cars, 259.

Operations for year ending December 31, 1891. — Train mileage, passenger and freight
statistics not reported. Gross earnings, $211,750.50. Operating expenses, $207,635.67. Net
earnings, $4,114.83.

Financial Statement. — Capital stock (par, $100), authorized and paid in, $200,000. No
bonde 1 debt.

Directors.— John I. Blair, Blairstown, N. J.; De Witt C. Blair, Belvidere, N. J. ; James
A. Blair, New York, N. Y. ; W. T. Johnson, Willis E. Gray, Kansas City, Mo.

DEWITT C. BLAIR, President t Belvidere, N. J.

John I. Blair, Vice-President Blairstown, N. J.

2d V-Pres. & Treas.— James A. Blair. New York, N. Y. | Secretary—®. E. Ewart Kansas City, Mo.

Auditor— J. II. Frost Kansas City, Mo.

PRINCIPAL OFFICE AND ADDRESS Kansas City, Mo.

KANSAS CITY, W ATKINS AND GULF RAILWAY COMPANY.

Line of Road Pojectert, — Gulf of Mexico to Kansas City, Mo 675 miles.

Completed : Lake Charles, La. , to Alexandria, La 100 miles.

Gauge, 4 ft. 8i in. Rail (steel), 70 Ibs.

History. — Chartered June, 1887 ; road completed, as above, in March, 1892.

Rolling Stock, March 15, 1892. — Locomotive engines, 5. Cars — passenger, 3 ; baggage,
mail, and express, 1 ; freight, 121 — total cars, 125.

Financial Statement, March 15, 1892.— Capital stock authorized (par, $100), $10,000,-

000, none outstanding ; funded debt, 1st mortgage 5 per cent. 40-year bonds, dated February

1, 1890, interest payable January and July, authorized at rate of $20,000 per mile, issued and
outstanding, $1,089,000. Of the 1,089 bonds outstanding, 560 are £ and 529 $ bonds. Only
$15,000 per mile of the authorized issue are on the market, the remaining $5,000 per mile
being placed in trust until the net earnings of the road exceed $1,000 per mile. Interest pay-
able at New York, N. Y., and London, Eng. , at the office of the financial agents, The J. B.
Watkins Land Mortgage Co. Trustee of bonds, Farmers' Loan and Trust Co., New York, N. Y.

Annual meeting in January.

Directors. — J. B, Watkins, W. J. Patterson, D. M. Sprankle, Lawrence, Kan. ; Alex.
Thomson, Lake Charles, La.; M. J. Dart, Dallas, Tex.; Henry Dickinson, New York, N. Y.;
H. G. Chalkley, London, Eng.

J. B. WATKINS. President. Lawrence, Kan., and 2 Wall St., New irork City.

Alex. Thomson, Vice-President Lake Charles, La.

Treasurer— D. M. Sprankle Lawrence, Kan. | Secretary— W . J. Patterson Lawrence, Kan.

PRINCIPAL OFFICE AND ADDRESS. . , Lawrence, Kan.

London Managers : H. G. Chalkley & Sons 14 Bishopgate St., Without, E. C.

POOR'S MANUAL OF RAILROADS. 311

KANSAS CITY, WYANDOTTE AND NORTHWESTERN RAILROAD CO.

Main Line of Road.— Kansas City to Virginia, Neb 148.90 miles.

'i'?nn'orth Branch : Menager Junction to Fort Leaven worth, Kan 15.60 miles.

i ed : K. C .L. & . W RR.: Lawrence, Kan., to Carbon Hill 31.90 mile?.

\ C. K. & W. Ry. : Virginia, Neb., to Beatrice, Neb 14.70

1 Union Pacific Ry: Tonganoxin to North Lawrence, Kan.. .12.50
kage : ) St. Joseph and Grand Island RR.; Seneca to Axtell, Kan. .10.10

[ So. Leaven worth to Leaven worth 1.10 — 38.40 miles.

Total length of all lines operated, June 30? 1891 234.80 miles.

2d track, 1.9 ; sidings, etc., 22.85 miles. Gauge, 4ft. 8$ in. Rail (steel, 128.80 miles), 52
and 56 Ibs.

History.— Consolidation, March 28, 1887, of the Kansas City, Wyandotte and North-
-rern and the Leaven worth and Olathe RR. Cos. (See MANUAL for 1890, page 521.) The

Joseph and Grand Island and Union Pacific tracks are used under a contract for 99 years.

The Chicago, St. Paul and Kansas City Ry. Co. uses the tracks of this company to gain
entrance into Kansas City, under the terms of a contract to run for 999 years from December
12, 1888, at a rental amounting now to about $30,000 per annum. The company controls the
Kansas City, Lawrence, and Wichita RR.

A receiver was appointed March 24, 1890, and on June 18, 1891, a decree of foreclosure
was entered, but sale has not yet been ordered.

Rolling Stock, June 80, 1891. — Locomotive engines, 23. Cars — passenger, 29 ; baggage,
i mail, and express, 5 ; freight (box, 500 ; stock 50 ; platform, 40 ; coal, 175 ; caboose, 7),
other, 1— total cars, 807.

Operations for year ending June 30, 1891. — Train mileage, passenger and freight statis-
tics not reported. Earnings— passenger, $108,166.30; freight, $180,679 ; mail, $17,369.54 ;
| express, $5,283.19 ; other, $42.647.50— total, $354,145.53. Expenses— transportation, $167,-
! 690.20; maintenance of equipment, $3o,437.68 ; maintenance of way, etc., $79,852.36; gen-
eral. $§9.5$9. 59— total, $370,569.83. Deficit, $16,424.30.

Receiver' s General Balance Sheet, June 30, 1891.— Receiver's certificates, $64,000; current
liabilities, $259,004.25; other liabilities, $181.50— total, $323,185.75. Contra: Permanent
improvements under receivership. $12,916.93 ; additions to equipment, $773.03 ; materials
and fuel on hand, $10,873.32 ; cash and current assets, $177.039.86 ; profit and loss, $121,-
401.11— total, $323,185.75.

Company's General Balance Sheet, March 24, 1890.

Coetof Road Sfi.475.lW 35 Capital Stock (par, $100) $2.973,000 00

Cost of Equipment 882,946 03 ! Funded Debt 4,324.399 78

ks of Other Companies Owned 1,200,100 00 i Current Liabilities 1,219,094 27

Other Assets 135,420 43

Total Assets $8.693,630 81

Profit and Loss 177.136 76

•Total Liabilities $8,693,630 81

Funded d«ht consisted March 24, 1890, of $3,628,000 1st mortgage 5 per cent. 50-year
$1,000 gold bonds, due January 1, 1938, interest payable January and July, and $696,399.78
car trust obligations. On January 1, 1891, there were outstanding $3,750,000 first mortgage
bonds and $250,000 equipment trust bonds. The bonds are authorized at the rate of $16,000
per mile of single track, and $3,000 per mile for equipment, with provision for an additional
sum of $8,000 per mile for double track and for a further sum for terminals in cities having
a population over 10,000 ; but in no case shall the amounts issued for equipment, double
track, or terminals exceed the actual cost. The consolidated bonds of April, 1887, were retired
by the new issue. The bonds are coupon and registered ; Farmers' Loan and Trust Co., trus-
tee. Coupons payable at the transfer agency, the Western National Bank, New York, X. Y.,
and at the banking house of Haes & Sons, 3 Throgmorton Street, London, England. Regis-
trar and transfer agent for registration of bonds, Farmers' Loan and Trust Co., New York.
Bonds listed on the New York Stock Exchange ; also quoted at London. In addition to
above bonds the company guarantees interest on $400,000 1st mortgage gold 5 per cent.

812 POOR'S MANUAL OF RAILROADS.

$500 coupon bonds of the Kansas City and Beatrice RR. (32 miles), due July 1, 1939,
interest payable January and July. Trustee, New York Security and Trust Co., New
York, N. Y.

A new consolidated mortgage has been executed to secure un issue of $7,500,000 gold
bonds, bearing interest at the rate of 5 per cent, per annum, payable semi-annually, January
1 and July 1, in New York and London, principal payable 100 years from date, or on July 1,
1989. Of the total authorized issue, $3,750,000 are reserved to retire the bonds iesued under
the mortgage of January 2, 1888. Additional bonds may be issued at the rate of $15,000 i er
mile for each mile of completed single track railroad acquired after date of mortgage ; for
ballasting existing and future acquired railroad, $2,500 per mile ; to the amount of the actual
cost of equipment, not exceeding in the aggregate of bonds issued, $3,000 per mile ; to the
amount of the actual cost of terminal facilities in cities having a population exceeding 10,-
000; to the amount of the actual cost of completed double track, not exceeding $8,000 per
mile. Trustee, New York Security and Trust Company.

KANSAS CITY, LAWRENCE AND WICHITA RAILROAD. -Lawrence, Kan., to Carbon
Hill. Kan.. 31.9 miles. This is the old Lawrence and Emporia RR.. formerly leased to the Union Pacific Ry. Co.
(see MANUAL for 1888. page 899), but leased by that company in 1888 to local Kansas interests at a rental of gl.OOO
per annum. Operated under lease since September 15, 1889, by the Kansas City, Wyandolte and Northw-
RR. Co.

Board of Directors, K. (7., W. & N. W. RR. Co., elected January 15, 1891.

W. D. Bethel Memphis, Tenn. j H. M. Neely Memphis, Tenn. Newman Erb Memphis. Tenn.

O. H. P. Piper " | S. H. Brooks " K. B. Armour Kansas City. Mo.

Jno. K. Speed " " J.T.Graham " " I V. J. Lane Kansas City, Kan.

Samuel Tate, Jr " " Martin Kelly 41 | E. Summerfield. .

C. F. Brotherton Kansas City, Kan.

NEWMAN ERB, Receiver and General Manager Kansas City, Kan.

W. D. BETHEL, President Memphis, Tenn.

Treasurer — E. Summerfield. Kansas City, Kan. | Secretary — C. H. Trimble Memphis, Teun.

PRINCIPAL OFFICE AND ADDRESS Kansas City, Kan.

Transfer Office Western National Bank, New York, N. Y.

KEESEVILLE, ATISABLE CHASM AND LAKE CHAMPLAIN RR. CO.

Line of Road.— Port Kent, N. Y., to Keeseville, N. Y 5.64 miles.

Sidings, 0.32 mile. Gauge, 4 ft. 8£ in. Rail (iron), 56 Ibs.

History.— Chartered April 22, 1889 ; road opened May 26, 1890. Rolling ptock leased.

Operations for the year ending June 30, 1891. — Train mileage— passenger and freight,
14,641. Passengers carried, 40,719 ; carried one mile, 201,672 ; average mile rate, 5.25 cents.
Tons freight moved, 12,499 ; moved one mile, 69,282 ; average ton-mile rate, 6.98 c<
Earnings— passenger, $10,587.04; freight, $4,838.88; mail, $331.92; express, $480— total.
$16,237.84. Operating expenses, $13,773.24. Net earnings, $2,464.60. Received interest
and dividends, $121.70; other, $648.14— total income, $3,234.44. Paid interest on bonds,
$1,950 ; rental of engines, $499.99 ; taxes, $22.33— total, $2,472.32. Surplus, $762.12 ; deficit
forward, $2,054.03— net deficit, $1,291.91.

Financial Statement, June 30, 1891.— Capital stock (authorized, $60,000 ; par, $10).
710 ; funded debt (1st mortgage 6 per cent. 20-year $1,000 coupon bonds, due December ].
1909, interest June and December), $30,000 ; current accounts, $1,014.37 ; accrued interest on
bonds, $150— total, $61,874.37. Contra : Cost of road and equipment, $51,429.58 ; real e^
and buildings, $4,486.17 ; current accounts, $1,090.74 ; cash on hand, $659.52 ; materials and
fuel on hand, $250 ; bills receivable, $1,000 ; profit and loss, $1,291.91.

Anntia/ meeting, first Tuesday in April at Keeseville, N. Y. Voting power attaches to
stock after 30 days' ownership. Trustee of bonds, Keeseville National Bank.

Directors (elected April 7, 1891).— Rufus Prescott, James R. Romeyn, Richard !
Heman H. Forrence, Charles F. Tabor, Geo. N. Kingsland, Charles M. Hopkins, Conan

POOR'S MANUAL OF BAILROADS. 313

Tay r, Adelbert \V. Boyntou. Edmund K. Baber, Henry M. Mould, Keeseville, X. V. ;
Louis S. Cnindall, Troy, N. Y. ; Thomas S. Coolidge, Glen Falls, N. Y.

EDMUND K. BABEK, Prewlf-nt Keeseville, N. Y.

Kufus Prescott, Vice-President Keeseville, N. Y.

r— Charles M. Hopkins. . Kr^evilie, N.Y. | Sec.& Gen.Pats.Agt.— Adelbert W. Boynton, Keeseville, N.Y.
PKINCIPALIOFFICE AND ADDBESS KeesevilJe, N. Y.

KENNEBEC CENTRAL RAILROAD COMPANY.

Line of Road.— Randolph, Me., to Togus, Me 5 miles.

Sidings, 0.5 mile. Gauge, 2 ft. Kail (steel), 25 Ibs.

History.— Road opened July 23, 1890

Rolling* Stock. — Locomotive engines, 2. Cars — passenger, 3 ; baggage, etc., 1 ; freight
(box. 2 ; platform, 6), 8— total cars, 12.

Operations for year ending June 30, 1891. — Train mileage — passenger, 9,290 ; freight,
2,940 ; other. 5.087— total, 17,317 miles. Passengers carried. 33,708 ; carried one mile, 164,-
834 ; average mile rate, 3.65 cents. Tons f reight moved, 4.800 ; moved one mile, 24,000 ;
average ton-mile rate, 28.02 cents. Earnings — passenger, $6,013.62 ; freight, $6,723.80 ;
mail and express, $402.24 ; other, $102.62— total, $13,242.28. Operating expenses, $8.392.40.
Net earnings, *4,849.88. Paid : Interest on debt, $2,318.23. Balance, surplus, $2,531.65.

Financial Statement, June 30, 1891.— Capital stock, $25.275; notes payable, $47,000;
| vouchers and accounts, $4,952.89 ; profit and loss, $2,531.65— total, $79,759.54. Contra :
Construction, $58,048.20; equipment, $18,221.13; materials and fuel, $472.74; due from
agents and companies, $423.31; cash, $2,594.16— total, $79,759.54.

Directors (elected November, 1891).— H. W. Jewett, A. C. Stilphen, David Dennis, J. S.
jMaxcy, Weston Lewis, J. B. Dingley, E. D. Haley. S. X. Maxcy, Gardiner, Me. ; Franklin
Stevens, Randolph. Me.

I^VESTOX LEWIS, President and General Manager Gardiner, Me.
Treasurer— P. H. Winslow Gardiner, Me. | Clerk— R. S. Webster Gardiner, Me.

PRINCIPAL OFFICE AND ADDKESS. . ..Gardiner. Me.

KENTUCKY AND INDIANA BRIDGE COMPANY.

T iiip « nf Kn«i<l • f Louisville to New Albany, Ind 5

Roa(1 : } Belt Line in Louisville. 5-10 miles.

2d track, 3.5 ; sidings, etc., 26 miles. Gauge, 4 ft. 8$ in. Rail (steel), 60 Ibs.

History.— Road opened October 26, 1886. This company owns the Kentucky and Indiana
Bridge over the Ohio River at Louisville, and the lines of road above mentioned. By recent
purchase it has acquired the capital stock of the New Albany St. Ry. Co., $30,000 in amount.

Rolling Stock, June 30, 1891. — Locomotive engines, 5. Cars — passenger, 10 ; flat, 5.

Operations for year ending June 30, 1891. — Train mileage — passenger and freight
statistics not reported. Earnings— passenger, ,$56.762.44 ; freight, $19,931.75 ; highway,
$14.:)16.11 ; mail and miscellaneous, $3,819.09; rentals, $80.744.52— total, $175,573.91.
[Operating expenses— transportation, $31,313.41 ; motive power and cars, $21.179.32 ; main-
tenance of way. etc., $4,919.80 ; general, $14,636.42— total, $72,048.95. Net earnings, $103,-
Paymeuts : Interest on bonds, $99,285 ; taxes, $1,546.05— total, $100,831.05. Sur-
plus, $2,693.91.

Financial Statement.— Capital stock (par, $100), $1,700,000 ; funded debt (1st mortgage
5 per cent. 30-year bonds, due March, 1911, interest March and September, $1,000,000; ter-
minal 5 per ceut. 30-year tx>nds, due December, 1916, interest June and December, $400,000 ;
second mortgage 5 per cent. 30-year bonds, due April, 1919, interest April and October, $600,-

314 POOR'S MANUAL OF RAILROADS.

000), $2,000,000— total, $3,700,000. Interest payable in Louisville, Ky., and New York,
N. Y. Trustee of bonds, Louisville Safety Vault and Trust Co., Louisville, Ky. Financial
agents in New York, Bank of Commerce.

NEW ALBANY BELT AND TERMINAL BAILROAD.-From east to west end of New
Albany, Ind., 2.25 miles. Sidings, 0.5 mile. Gauge, 4 ft. 8* in. Rail (steel), 65 Ibs. Chartered April 5, IS'.tu •
road opened in 1891. The company owns a ferry running between New Albany, Ind., and Louisville Ky Built
in connection with the Kentucky and Indiana Bridge RR. Co., by which it is controlled and operated. Finn >i«.ial
Statement, April 30, 1891.— Capital stock authorized, $200,000 ; subscribed, $60,000; funded debt 1st mor
6 per cent. 20-year bonds, dated June 1, 1890, interest payable semi-annually, at Louisville, Ky., $300.000. f to
Cost of road and ferry, $300,000. Trustees of bonds, Louisville Trust Co. and S. A. Culbertson. Bonds are
endorsed by the Kentucky and Indiana Bridge Co. J. F. GEBHART, President, New Albany, Ind. PRINCIPAL
OFFICE, New Albany, Ind.

Board of Directors, K, and I. Bridge Co., elected March 7, 1891.

John T. Moore. Louisville, Ky.

St. John Boyle

James M. Fetter "

J. W. Gaulbert... "

W.H.Thomas

Bennett H. Young. .

W. T. Grant Louisville, Ky.

Julius Bamberger. . .
A. F. Caldway . .

V. D. Price

J. W. Stine . .
T. W. Bullitt...

W. H. Dillingham .. .Louisville. Ky.
W. S. Culbertson.New Albany, Ind.

J. F. Gebhart

L. Hartmann

H. Terstegge

BENNETT H. YOUNG, President Louisville, Ky.

Secretary & Treat.— Charles P. Weaver, Louisville, Ky. | Auditor— H. W. Heazlitt Louisville, Ky.

PRINCIPAL OFFICE AND ADDRESS Louisville, Ky.

KENTUCKY AND SOUTH ATLANTIC RAILWAY.

Line of Road. — Mount Sterling, Ivy., to Rothwells, Ky 19.44 miles.

Sidings, etc., 0.76 mile. Gauge, 3 ft. Rail (steel, 3.44 miles), 35 Ibs.

History. — Chartered as Mt. Sterling RR. Co., February 13, 1874 ; road opened in August,
1876. In February, 1881, name changed to Kentucky and South Atlantic Ry. Co. Receiver
appointed in December, 1885, on application of the mortgage trustees. Road sold in Sep-
tember, 1887, to C. P. Huntington of New York, who contracted to sell all the securities of
the company to the Chesapeake and Ohio Ry. Co. in January, 1892. Road controlled by that
company.

Rolling Stock, June 30, 1891. — Locomotive engines, 2* Cars — combination, 1 ; caboose.
1 ; freight (box, 5 ; platform, 13 ; coal, 7), 25— total, 27.

Operations for year ending June 30, 1891. — Train mileage — passenger and freight sta-
tistics not reported. Earnings— passenger, $4,537.45; freight, $11,439.81; mail, etc..
$799.92— total, $16,777.18. Expenses and taxe^, $15,147.68. Net earnings, $1,629.50.
Add other receipts, $291.20— total, $1,920.70.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $150,000; bills payable,
$101,752.13; vouchers and pay-rolls, $1,159.09; profit and loss, $15,379.95— total, $268,- i
291.17. Contra : Cost of road, etc., $255,032.99 ; cash, $10,203.93 ; materials, etc., $1,272.15 1 :
miscellaneous, $1,781.61— total, $268,291.17.

Directors. — M. E. Ingalls, W. P. Anderson, Cincinnati, O. ; C. H. Coster, A. J. Thomas '
W. B. Howe, A. M. Robinson. N. R. Johnson, New York, N. Y.

M. E. INGALLS, President Cincinnati, 0.

W. P. Anderson, Vice-President

Secretary— 'ft. M. Robinson New York, N. Y. | Treasurfr—T. O. Barbour Richmond

PRINCIPAL OFFICE AND ADDRESS Cincinnati, 0.

KENTUCKY MIDLAND RAILWAY COMPANY.

Line of Road Projected. — Frankfort, Ky., to Owingsville, Ky 75

Completed and in Operation : Frankfort to P'aris, Ky 40 nn

Sidings, 2.2 miles. Gauge, 4 ft. 8| in. Rail (steel), 56 Ibs.

History. — Chartered February 24, 1888 ; completed to Paris in 1890. A branch line from;
North Middletown to the line of the Kentucky Union Ry. is projected.

POOR'S MANUAL OF RAILROADS. 315

Rolling Slock.— Locomotive engines (owned. 2 ; leased, 2), 4. Cars— passenger (owned,
1 ; le.-ised, 2). 3 ; combination, 1 ; freight (box, 8 ; stock, 5 ; platform, 12), 25 ; caboose, 1 —
total cars, 30.

Operations for year ending June 30, 1891.— Train mileage— passenger, 50,080 ; freight,

05 .040— total, 75.120 miles. Traffic operations riot reported. Earnings — passenger, $20,-

: freight. $32,357.04; mail, $1,636.52; express, $2,700; other, $1,58:177— total,

$58,869.37, all of which was expended in operation and improvement under direction of the

• ruction company.

Financial Statement.— Capital stock authorized, $1,250,000 ; subscribed, $869,000; paid
in. X340.000. Funded debt authorized, $5,000,000 1st mortgage sinking fund 6 per cent.
$1.000 bonds, dated August 1, 1888, due 1918, interest payable February and August, at
Frankfort. Ky. ; none yet issued. Trustee of bonds, Central Trust Co., New York, X. Y.
Annual meeting, second Wednesday in November, at Frankfort, Ky.
Directors.— William Lindsay, D. W. Lindsey, E. L. Samuel, John T. Buckley, E. II.
Taylor, Jr., Frankfort, Ky. ; James E. Cantrill, Georgetown, Ky. ; James W. Ferguson,
J. M. Thomas. Paris, Ky.

WILLIAM LINDSAY, President Frankfort, Ky.

D. W. Lindsey, Vies- President

/—A. H. McClure Frankfort, Ky. j Tr((.tS'.trer—E. L. Samuel Frankfort. Ky.

PRINCIPAL OFFICE AND ADDKESS . . Frankfort, Kv.

KENTUCKY UNION RAILWAY COMPANY.

Main Line of Road, — Lexington, Ky., to Jackson, Ky 100 miles.

Sidings, 10 miles. Gauge, 4 ft. 9 in. Kail (steel), 63 Ibs. per yard.

History. — Chartered in 1872. Construction begun in 1884 and road completed to
Elkatawa in December, 1890. Receiver appo nted February 10, 1891. Completed to Jack-
son, under the receiver, July 15, 1891.

Rolling Stock. — Locomotive engines, 7. Cars — passenger, 6 ; baggage, 3 ; freight (box,
130 ; platform, 209 ; coal, 24 ; caboose, 4), 367 ; work train boarding, 3— total cars, 379.

Financial Statement.— Capital stock authorized, $5,000,000— par value, $100. Bonds
authorized. $3. 000,000. Funded debt oui standing consists of $2,500,000 ($3,000,000 author-
ized) 1st mortgage 5 per cent. 40-year $1,000 gold bonds, due July 1, 1928, interest payable
January and July, at the office of J. Kennedy Tod & Co., New York. X. Y. Trustee of
bonds, Central Trust Co., New York, X. Y, These bonds are secured by a first lien upon the
entire property, including equipment and terminals, and are guaranteed principal and intere.-t
by the Kentucky Union Land Company.

Annual meeting in December.

Directors.— F. D. Carley, St. John Boyle, A. P. Humphrey, L. T. Rosengarten, J. W.
Gaulbert. Geo. M. Davie, J. M. Atherton, Louisville, Ky.; H. C. McDowell, C. H. Stoll,
Lexington, Ky.

HAMILTON F. KEAN, Receiver 45 Wall St., New York City.

F. D. CARLEY, President Louisville, Ky.

H. C. McDowell, Vice-Preside nt Lexington, Ky.

Secretary & Treas.—'L. T. Rosengarten . . Louisville. Ky. | Auditor— Russell Armstrong Clay City. Ky.

PRINCIPAL OFFICE AND ADDRESS Clay City, Ky.

KEOKUK AND HAMILTON BRIDGE COMPANY.

This company, a consolidation of the Hancock County and the Keokuk and Hamilton
Mississippi Bridge Cos., owns the bridge across the Mississsippi River at Keokuk, la. (See
MANUAL for 1889.)

Under a contract dated January 19, 1869, made between this company and the Toledo,
Peoria and Warsaw RR. Co., the Des Moines Valley Ry. Co., the Columbus, Chicago and

316

Indiana Central Ry. Co., and the Toledo, Wabash and Western Ry. Co., it was agreed that
this company should build, maintain, and operate the bridge and pay taxes and expenses of
operation, and the other parties should use it in perpetuity, and pay tolls for use as by a
schedule made part of the agreement ; and, should any deficiency arise in the income of the
bridge to produce a sufficient amount to pay operating expenses and 8 per cent, interest on
$1,000,000 of bonds issued for construction, that the four parties, each for itself and not for
the others, should pay one-fourth part of the deficiency, settlement to be made each six
months.

Since that time the Des Moines Valley Ry. Co. has ceased to exist. The Toledo, Peoria
and Western RR. Co. (the present owner of the Toledo, Peoria and Warsaw RR.) and the
Wabash RR. Co. (the present owner of the Toledo, Wabash and Western RR.) are the only
companies which use the bridge for railway purposes. The bridge is also used for wagon
and foot passengers.

The Pittsburgh, Cincinnati and St. Louis RR. Co. and the Pennsylvania RR. Co. (who
assumed the liability of the Columbus, Chicago and Indiana Central Ry. Co.) were sued for
deficiency under the contract, and judgments were entered against them for one-fourth the
deficiency, the United States Supreme Court deciding that " the bridge contract is valid and
binding as between the parties to this suit."

Financial Statement.— Capital stock, $1,000,000 ; funded debt, $1,000,000 1st mortgage
8 per cent, bonds, due April 1, 1899, interest April and October, at company's office.

Directors. — Andrew Carnegie, A. G. Agnew, James F. Secor, W. M. Spacknlan, David
Paton, Samuel D. Davis, Theodore Gilman.

ANDBEW CABNEGIE, President New York, N. Y.

Theodore Oilman, Secretary and Treasurer New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS 62 Cedar Street, New York, N. Y.

KEOKTIK AND WESTERN RAILROAD COMPANY.

(See General Index for later returns.}

Line of Road. — Keokuk, la., to Van Wert, la 147.97 miles.

•Sidings, 18.25 miles. Gauge, 4 ft. Hi in. Rail, steel (145.88 miles), 60 ; iron, 56 Ibs.

History. — Formed by the purchasers at foreclosure sale, August 19, 1886, of the main
line of the Missouri, Iowa and Nebraska RR. (See MANUAL for 1888, page 781.) Included
in above mileage are 5.17 miles of the St. L., Keokuk and Northwestern RR., from Alcx-
andiia to Keokuk, used under trackage contract.

Rollillg'.Stock, June 30, 1891.— Locomotive engines, 12. Cars — passenger, 7; baggage, i
mail, and express, 2 ; freight (box, 520 ; platform, 9 ; stock, 156 ; coal, 246; caboose, 8), 939 ;;
other cars, 3 — total cars, 951.

Operations for year ending June 30, 1891. — Train mileage — passenger, 143,837; mixed,
162,220 ; other, 7,016— total, 313,103 miles. Passengers carried, 162,925; carried one mile,
3,164,945 ; average mile rate, 2.71 cents. Tons freight moved, 245,058 ; moved one i
16,781,197; average ton-mile rate, 1.44 cents. Earnings — passenger, $85,712.32; frc
$242,087.91 ; mail, $8,681.56; express, $8,100; other, $47,424.53— total ($2,649.29 per i
$392,006.32. Expenses— transportation, $98,414.49 ; equipment, $16,831.71; cars, s2i
04 ; maintenance of way, $57,400.20; general, $31,099.70— total ($1,519.72 per mile), s2%.»4.-
863.14. Net earnings (42.64 per cent.), $167,143.18. Payments : Interest, $16,103.25;
dends, $40,000; taxes, $14,433.72 ; construction, $16,356.95 ; other,- $396.62— total, $87.
54.. Surplus, $79,852.64. Surplus from 1890, $106,914.86— total surplus, $186,767.50.

Financial ..Statement, June 30, 1891.— Capital stock, $4,000,000; mortgage not
000; current liabilities, $22,900.88; income account, $186,767.50— total, $4,429,615-
Contra: Cost of road, $4,295,068.84; cost of rolling stock, $78,568.96; securities owned
$3,000 ; materials on hand, $15,589.54 ; current assets, $11,091.01 ; cash, $26,350.03— t
.#4.429.668.38.

POOR'S MANUAL OF RAILROADS. 817

The mortgage note for $220,000 bears 6 per cent, interest, payable April and October ;
authorized, $340,000. It is dated April 1, 1887, and the time of payment is optional.

Annual meeting, first Wednesday in February, at Keokuk, la. Registrar of stock, Metro-
politan Trust Company of New York, X. Y. Dividends payable annually, on the 1st of
April, at the office of John Paton & Co., New York City. Stockholders of record at the time
of the annual meeting are allowed to vote. Stock listed on the New York Stock Exchange.

Directors. F. T. Hughes, A. C. Goodrich, Keokuk, la. ; F. M. Drake, Centerville, la. J

T. De\Vitt Cuyler. Philadelphia, Pa.; G. H. Candee, Lowell, Mass.; Benjamin Strong, Frank
J. Paton, Benjamin Graham, "W. H. Gebhard, New York. X. Y.

F. T. HUGHES, President and General Counsel Keokuk, la.

!'r<*i'lfn(—G. H. Candee New York. N. Y. I Secretary ami Auditor— J. F. Elder Keokuk. la.

C. M. Jesup " " I General M<n,<iri>-r— A. C. Goodrich

Transfer Agent a— Messrs. John Paton & Co 52 William Street, New York. N. Y.

PRINCIPAL OFFICE AND ADDRESS Keokuk, la.

Transfer Office. . 52 William. Street, New York, N. Y.

KILDARE AND LINDEN RAILWAY.

Line of Road.— Kildare to Linden, Tex 13.3 miles.

Sidings, etc., 2.1 miles. Gauge, 3 ft. Steel rails, 9 miles.

History. — Road opened for business February 1, 1889.

Rolling1 Stock. — Locomotive engine, 1. Cars — passenger, 1 ; baggage, etc., 1; freight
(box, 1 ; platform, 21), 22— total, 24.

Financial Statement, December 31, 1888. — Capital stock, representing cost of road,
equipment, etc., $100,000.

Directors.— J. H. Bemis, C. F. Bemis, W. N. Bemis, W. B. Ward, Jefferson, Tex. ; Ii.
M. Gallaway, Kildare, Tex. ; H. C. Hynson, Texarkana, Tex.; George W. Howell, Atchison,
Kan.

J. H. BEMIS, President Jefferson, Tex.

Yic(- President — George W. Howell Atchison. Kan. | Secretary and Trea-s. — C. F. Bemis Jefferson, Tex.

PRINCIPAL OFFICE AND ADDRESS Jefferson, Tex.

KINDERHOOK AND HUDSON RAILWAY COMPANY.

Line of Road. — Kinderhook, N. Y., to Hudson, N. Y 17 miles.

Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History. — Incorporated January, 1889 ; road completed and opened July 16, 1890.

Operations for ten mouths ending June 30, 1891. — Train mileage, passenger and freight-
statistics not reported. Gross earnings, $36,497.98. Operating expenses, $20,735.92. Xet
earnings, $15,762.06. Paid interest on bonds (1 mouth), $1,875. Surplus, $13,887.06.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $170,000 ; funded debt
(1st mortgage 6 per cent. 20-year gold coupon bonds, due December 1, 1909, interest payable
June and December), $375,000; current accounts, $4,118.19; profit and loss, $13,887.06—
total, $063,005.25. Contra : Cost of road and equipment, $502,490.83 ; current accounts, $10;
cash on hand, $504.42— total, $563,005.25. Trustee of bonds, Atlantic Trust Co., 39 William
Street. New York, N. Y., at whose office interest is payable.

Directors.— George B. Phelps, Joseph Mullin, T. H. Camp, John F. Moffett, E. M.
(iates. J. R. Pawling, H. H. Rice, Watertowu, N. Y. ; J. D. Parsons, Jr., Albany, X. Y. :
J. Spencer Hosford, Kinderhook, X. Y. ; O. G. Staples, Washington, D. C. ; R. H. Huuting-

Adains, X. Y. ; Frank Watts, Syracuse, X. Y. ; J. V. Clarke, New York. N. Y.

JOHN V. CLARKE, President 34| Pine Street, New York, X. Y.

Joseph Mullin, Vice-President Watertown, N. Y.

Treasurer— Frank Watts Syracuse, X. Y. | Secretary— John R. Pawling Watertowu, N. Y.

PRINCIPAL OFFICE AND ADDKESS Syracuse, X. Y.

Financial Agency Atlantic Trust Co., New York! X. Y.

318 POOE'S MANUAL OF RAILROADS.

KINGS COUNTY ELEVATED RAILWAY COMPANY.

Line of Road. — Fulton Ferry, Brooklyn, to former City Line 5.44 miles

Leased : Fulton Elev. Ry. : Former City Line to Parkway and Schenck Street. '. . .1.45 miles.

Total length of lines operated June 30, 1891 6.89 miies.

2d track (owned), 5.44 ; sidings, etc. (owned), 1.39 miles. Gauge, 4 ft. 8| in. Rail (steel), 60
and 70 Ibs.

History.— Organized January 6, 1879 ; road opened throughout on November 18, 1889.

Rolling Stock, June 30, 1891. — Locomotive engines (12 leased), 42. Cars — passenger
(50 leased), 130 ; platform, 6 ; other, 2— total cars, 138.

Operations for year ending June 30, 1891.— Train mileage (passenger), 1,166,347 miles.
Passengers carried, 15,992,855. Earnings— passenger, $799,642.75 ; other, $11,426.29— total,
$811,069.04. Expenses— transportation, $409,700.98 ; motive power, $24,936.63 ; maintenance
of cars, $17,948.55 ; maintenance of way, etc., $24,467.55 ; general, $89,188.98— total, $566,-
242.69. Net earnings (30.19 per cent.), $244,826.35. Add other receipts, $517.30— total
available revenue, $245,343.65. Payments: Interest on bonds, $177,792.76 ; on debt, $8,708-.
61 : rental (Fulton Elevated Ry.), $2,000; taxes and real estate expenses, $5,543.70 — total,
$194,045.07. Balance, surplus for year, $51,298.58 ; surplus from last year, $18,119.99—
total, $69,418.57. Deduct $38,425.59, items chargeable to last year. Surplus as per genera!
balance sheet, $30 992.98.

General Balance Sheet, June 30, 1891.

Cost of Road and Equipment $10,016,258 08

Materials and Fuel on Hand 27,745 18

Current Accounts 646,26334

Cash on Hand . . . 94,037 08

Total Assets $10,784,303 68

Capital Stock $3,250,000 00

Funded Debt 7,176,550 00

Bills Payable 153,000 00

Current Accounts 71,622 57

Mortgage on Real Estate 12, COO 00

Interest on Funded Debt 90,138 13

Front and Loss 30,9!fJ IN

Total Liabilities $10,784.:3u3 r,s

Funded debt consists of $3,377,000 first mortgage 5 per cent. 40-year coupon $1,000 gold
bonds, due July 1, 1925, interest payable January and July ; $3,377,000 second mortgage 5
per cent. 50-year coupon $1,000 bonds, due January 25, 1938, interest payable April and Oc-
tober, and $422,550 second mortgage coupon scrip, issued April 1, 1890, due April 1, 1900,
interest payable April 30. The first mortgage originally provided for interest at 6 per cent.?
but this was subsequently changed. Bonds numbered 1 to 200 inclusive, bear interest at (j
per cent., but they are to be exchanged for bonds of the 5 per cent, issue. Interest payable
at American Exchange National Bank, New York. Bonds of both issues are limited to $550,-
000 per mile. The coupon scrip was issued for the purpose of funding three years' (1890-92)
interest on 2d mortgage bonds, and be-rs interest at rate of 1 per cent, for first year, 3 per
cent, for the second year, 5 per cent, for the third, and 6 per cent, yearly thereafter. The
first mortgage bonds are listed on the N^w York Stock Exchange.

Annual meeting, second Wednesday in January, at company's office, Brooklyn, X. Y. ;
transfer books close thirty days previously, and stock owned then may be voted at the meet-
ing. Trustees of bonds : 1st mortgage, Mercantile Trust Co., 120 Broadway, New York ; 2d
mortgage, Cential Trust Co., 54 Wall Street, New York, N. Y. Registrar of stock, Central
Trust Co., New York.

FULTON ELEVATED RAILWAY.— Former City Line (Fulton and Sackman Streets) to T<nvn-
line of Jamaica, N. Y., 3 ; 2d track, 1.37 ; sidings, 2.74— total track, 7.11 miles. Rail (steel), 60 and 70 Ibs. I
motives, 12 : passenger cars, 50. Chartered July 6,1888. Organized to extend the Kings County Elevated Kail-
way from former City Line (East New York) to the present City Line at Woodhaven, 3.5 miles.' it js leased for
99 years from June 1, 1889, to the Kings County Company, and that company guarantees its bonds, principal ami
interest. Capital stock, $300.000 ; funded debt, first mortgage 5 per cent. 40-year $1,000 gold bonds, coupon with
privilege of registration, due March 1, 1929. interest payable March and September, $1,621,000; unfunded d<
$13.215— total, $1,934,215. Contra; Cost of road and equipment. $1.772.781.74; other assets, $161.4.33.26— total,
$1,934,215. Interest payable at the American Exchange National Bank. New York. EDWARD L. LANOFOI;I>.
President ; Joseph E. Palmer, Jr., Secretary and Treasurer. GKNKKAL AND STOCK TRANSFER OFFK i
Fulton Street, Brooklyn, N. Y. Transfer office for registered bonds, 2 Nassau Street, New York N. Y.

POOR'S MANUAL OF RAILROADS. 319

Board of Directors, Kings Co. Elevated Ry. Co., elected January 14, 1891.

.Iain.'- Jonrdan Brooklyn. N. Y.

;,'ll Goodwin.. New York. X. Y.
August Belmont, Jr.

Edward A. Abbot. New York. N. V.
Hi-nry J. Robinson
S.Newton Smith..

George Shea New York. N. Y.

.Jaino It. Cuming.
F. O. Matthiesen..

JAMES JOURDAN, President Brooklyn, N. Y.

Wendell Goodwin, Vice- President Brooklyn, X. Y.

,r;— James H. Frothinirham. . .Brooklyn. N. Y. General Manager— Win. T. Goundie. . .Brooklyn. N. Y.
try— Henry J. Robinson Brooklyn. N. Y. Auditor— Ben). H. Loder

PRINCIPAL OFFICE AND ADDRESS 346 Fulton St., Brooklyn, N. Y.

Transfer Office Manhattan Trust Co.. New York, N. Y.

KINZTJA VALLEY RAILROAD COMPANY.

Main Line of Road. — Morrison to Dunkee, Pa 2.00

Morrison Branca 2 . 50—5 . 00 miles.

Gauge. 4 ft. 84 in. Rail (steel), 40 Ibs.

History. — Chartered March 30. 1889. This company owns no rolling stock.

Operations for year ending June 30, 1891. — Train mileage — passenger and freight statis-
tics not reported. Earnings (freight), $339.91. Operating expenses, $603.43. Deficit, $263.52.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $31,876.12; current
accounts, $3,798.97— total, $35,675.09. Contra : Cost of road, $35,411.57 ; profit and loss.
$263.52— total, $35,675.09. Annual meeting. March 28, at Bradford, Pa.

Directors (elected March 28. 1891).— S. S. Bullis, J. C. French, Olean. N. Y.; John
Byrne. New York, N. Y.; F. E. Brooks. (T. L. Roberts. C. D. Williams, H. S. Hastings,
! Bradford, Pa.

S. S. BULLIS, President Olean. X. Y.

Secretary and Treat.— A. J. Thompson ... Warren. Pa. A nditor—F. L. Stowell Oiean. N. Y.

PRINCIPAL OFFICE AND ADDRESS Olean, N. Y.

Transfer Office . Warren. Pa.

KNOXVILLE, CUMBERLAND GAP AND LOUISVILLE RAILROAD CO.

Main Line of Road. — Knoxville, Tenn., to Middlesborough, Ky 74.80

Branches : Arthur to Shewanee, Tenu., 4 ; to Oar Beds, 3 * 7.00 — 81.80 miles.

Sidings, etc., 10 miles. Gauge, 4 ft. 9 in. Rail (steel), 60^ and 72 Ibs.

History. —Organized May 29, 1888, as successor to the Powell's Valley RR. Co. Main
line completed in December, 1890. Branch line built in 1890. (See MANUAL for 1891.)

Hulling1 Stock. — Locomotive engines, 12. Cars — passenger, 7 ; baggage, etc., 2 ; freight,
441— total cars. 450.

Operations for year ending June 30, 1891.— Train mileage — passenger, 71,791 ; freight.
55,080; other, 24,937— total, 151,808 miles. Passengers carried, 91,131 ; carried one mile,
,490,646; average mile rate, 3.51 cents. Tons freight moved, 116.750; moved one mile,
i, 348,252 ; average ton-mile rate, 2.31 cents. Earnings — passenger, $81",311.36 ; freight.
$100,405.08 ; mail, $5,602.72 ; express, $3,084.31 ; other, $2,301.26— total, $192,704.73. Op-
erating expenses— transportation, $68,786.58 ; motive power and cars, $14,891.07 ; mainten-
ance of way and buildings, $49,502.04 ; general, $28,872.63— total, $162,052.32. Net earn-
s, £30,652.41. Add rentals, $6,000— total, $36,652.41. Payments : Interest on bonds
$54,000; taxes, etc., $6,928.36— total, $60,928.36. Balance, deficit, $24,275.95.

Financial ..Statement. —Common stock authorized (par, $100), $1,575,000; preferred
tock (par, $100), $1,380,000 ; funded debt (1st mortgage 5 per cent. 40-year bonds, due June

928, interest June and December, $1,650,000 ; 2d mortgage 6 per cent. 30-year bonds,
iue June 1, 1919, interest April and October, $500,000. Interest on bonds payable in New
Fork, N. Y., at 59 Wall Street, and in London, at office of C. J. Htoibro & Sons. Annual

320 POOR'S MANUAL OF RAILROADS.

meeting, third Wednesday in September, at Knoxville, Tenn. Trustee. Central Trust Co.,
New York.

Directors. — Clarence Gary, W. E. Curtis, James Brown Potter, Edwin T. Rice, Jr.,
F. W. Whitridge, Albert Fairfax, New York, N. Y.; H. F. Pollock, London, Eng. ; James A
Chapman, Middlesborough, Ky.

CLARENCE GARY, President New York, N. Y.

F. W. Whitridge, Vice-president New York, N. Y.

H. F. Pollock, Vice-President London, Eng.

Treasurer— Melvin R. Gay Knoxville, Tenn. | Secretary— Edwin T. Rice, Jr New York. X. Y.

PRINCIPAL OFFICE AND ADDRESS Knoxville, Tenu.

Transfer Office 59 Wall St., New York, N. Y.

LACKAWANNA AND SOUTHWESTERN RAILROAD COMPANY.

Main Line of Road.— Buffalo to Hornellsville, N. Y. (4 ft. 8 in.) 51.24

Olean Division : Angelica-, N. Y., to Olean, N. Y. (3 ft.) 39.74—90.98 miles.

Sidings, etc., 8.05 miles. Gauges, 3 ft. and 4 ft. 8 in. Rail (steel) 54.79 miles), 56 Ibs.

History. — Consolidation, May 7, 1889, of the Lackawanna and Pittsburgh and the
Rochester, Hornellsviile and Lackawanna RR. COP. (See MANUALS for 1888 and 1889.)

Rolling Stock, — Locomotive engines, 9. Cars — passenger, 9; baggage, mail, etc., 6;
freight (flat, 80 ; stock, 3 ; box, 30 ; coal, 30), 143— total cars, 158.

Financial Statement, June 30, 1890.— Capital stock (par, $100), $2,800,000; funded1
debt (5 per cent. 40-year $1,000 gold bonds, due 1929, interest payable January and July at
48 Wall St., New York, N. Y.), $800,000 ; audited vouchers and pay-rolls, $7,644.60; <
accounts, $121.70; George D. Chapman, receiver, $1,276.92; Central Construction Co..
183.11— total, $3,610,226.39. Contra: Cost of road, $3,600,000; cash on hand, $3,655 :
by agents, $277.18 ; open accounts, $1,289.84 ; profit and loss, $5,004.37— total, $3,610,22'
Trustee of bonds, Mercantile Trust Co., New York, N. Y.

Litigation in progress, and pending a decision of the courts' the only portions of the road:
in operation are those between Hornellsville and Wayland, operated as the Rochester, lid
nellsville and Lackawanna RR., by Mitchell S. Blair, Angelica, N. Y., as receiver ; and
between Bolivar and Olean, operated as the Lackawanna and Pittsburgh, RR., of which
George D. Chapman, New York, is receiver, and M. S. Blair, Angelica, N. Y., agent for re-
ceiver. Plans for the reorganization of the company are now under consideration.

Directors. — Edward Mahony, M. W. Robinson, William D. W'ilkins, Wm. Ives Wasli-
burn, H. A. V. Post, Robert Dunlap, George W. Hall, George D. Chapman, John W. Curtis..
New York, N. Y. ; Thomas H. Bouden, Montclair, N. J.

EDWARD MAHONY, President New York, N. Y.

Geo. D. Chapman, Vice-Pres. and Receiver. .48 Wall St., New York, N. Y.

Mitchell S. Blair, Agent for Receiver Angelica, N. Y.

Treasurer— W. Z. Browne.48 Wall St., New York, N. Y. | Secretary— William Ives Washlmrn . . .New York. '

PRINCIPAL OFFICE AND ADDUESS Angelica, X. Y.

LAKE CHAMPLAltf AND MORIAH RAILROAD COMPANY.

Line of Road.— Port Henry, N. Y., to Mineville, N. Y 7.66

Sidings, etc., 7.26 miles. Gauge, 4 ft. 8*- in. Rail (steel, 7.66 miles), 50 to 60 Ibs.

History. — Organized December 4, 1867; road opened in 1869. Operated chiefly ii.
nection with the iron mines at Mineville. The maximum grade is 250 feet to the mih-, th'-
total descent in the whole length of the road being about 1,400 feet.

Rolling Stock, June 30, 1891. — Locomotive engines, 9. Cars — passenger, 4 ; platform,:
3 ; coal, 24 ; other cars, 274— total, 305.

American Bank Note (Company,

78 TO 86 TRINITY PLACE, NEW YORK.

BUSINESS FOUNDED, 1795. — INCORPORATED UNDER LAWS OF STATE OF NEW YORK, 1858. — REORGANIZED, 1879

ENGRAVERS i PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange, Better Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IN THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES.

WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING.

Special papers manufactured exclusively for use

of the Company.

SAFETY COLORS. - - SAFETY PAPERS.

WORK EXECUTED IX FIRE-PROOF BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,

AND

ILLUMINATED SHOW CARDS

OF THE MOST APPROVED STYLES.
NUMBERED, LOCAL AND COUPON TICKETS, of any Size, Pattern, Style, or Device with Steel Plate Tints.

LITHOGRAPHIC AND TYF»K PRINTING.

SHOW CARDS, LABELS, CALENDARS.

Blank Bookis of Kver;y Description.

TRUSTEES :

JAMES MACDONOUGH, PRESIDENT.

AUG. D. SHEPARD,— VICE-PRESIDENTS— TOURO ROBERTSON.

THEO. H. FREELAND, SECRETARY & TREASURER.
JNO. E. CURRIER, ASST. SECRETARY. J. K. MYERS, ASST. TREASURER.

P. C. LOUNSBURY, JOS. S. STOUT, J. B. FORD,

T. H. PORTER, W. J. ARKELL, E. C. CONVERSE ELLIOTT F SHEPARD.

H. G. ALLIS, PRES'T. N. KUPFERLE, VICE-PRES'T. W. C. DENNEY, CASHIER.

The First National Bank of

LITTLE ROCK, ARK.

UNITED STATES DEPOSITORY.

Oldest National Bank in the State.

CAPITAL, $500,000.

SURPLUS, -' - - $100,000.

Unequaled facilities for the prompt handling of collections on all points, and at moderate
rates. We offer special inducement for the accounts of Bankers, Corporations and firms.

COR. MAIN AND MARKHAM STS.

POOR & GREENOUGH,

Bankers

20 WAUU SXRKBT, ) MI-II/ x/^r->i

Co, .Nassau *„.*, NEW YORK.

INVESTMENTS IN RAILROAD BONDS A SPECIALTY,

Orders Executed on the New York and London Stock Exchanges.
CORRESPONDENCE INVITED.

321

Operations for year ending June 30, 1891. — Train mileage — passenger, 4.354; freight,

other, 76,080 — total, 123,918 miles. Passengers carried, 6,077 ; carried one mile,

: average mile rate, 3.43 cents. Tons freight moved, 462,875 ; moved one mile, 3,502,-

721 ; average ton-mile rate, 3.56 cents. Earnings— passenger, $1,492.34 ; freight, $124,716.57

—total, $126,208.91. Operating expenses — transportation, $43,483.06; motive power, $9,-

901.:'>2; maintenance of cars, $4,995.88; maintenance of way, etc., $12,611.25; general,

—total, $80,815.51. Net earnings, $45,393.40. Add interest and dividends, $518.44—

total available revenue, $45,911.84. Paid dividends (10 per cent.) $20,000. Surplus for year,

$25.911.84. Surplus from last year, $285,862.48. Total surplus, June 30, 1891, $311,774.32.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $200,000; profit and

<U 1,774. 32— total, $511,774.32. Contra : Cost of road, $326,900.25 ; rolling stock,

$120.950.40; materials on hand, $41,050.07 ; cash on hand, $217.52 ; current accounts, $22,-

-— total, $511,774.32.

In 1891 this company paid a dividend of 10 per cent., being the eighteenth regular divi-
dend paid. (See MANUAL for 1888, page 176.)

Dividends paid in Poughkeepsie, X. Y. Annual meeting, second Wednesday in August,
at Port Henry, X. Y. Registrar of stock, the Secretary of the company.

Directors (elected August 13, 1891). — George R. Sherman, Walter C. Witherbee, Port
'Henry, X. Y.; H. M. Braem, Xew York City; Albert Tower, Poughkeepsie, X. Y. ; James
A. Burden, Troy, X. Y.

GEOKGE R. SHERMAN. President Port Henry, X. Y.

j Treasurer— A. Edward Tower Poughkeepsie. N. Y. | Secre ta ry— Frank S. Witherbee Port Henry, N. Y.

PRINCIPAL OFFICE AND ADDRESS Port Henry, N. Y.

Agency Poughkeepsie, X. Y.

LAKE CREEK RAILROAD COMPANY.

Line of Road.— Montgomery, Tex., to Hard Thicket, Tex 8 miles.

Sidings, etc., 0.33 mile. Gauge, 3 ft.

History. — Organized August 12, 1884.

"In general explanation of this report, we beg to say that, although incorporated or chartered, this road is
; simply a logging tram. It is of 3 ft. gauge and light iron rails, and is devoted entirely to hauling logs to the saw
mil) of the Montgomery Mill and Lumber Co.. at Montgomery., Texas. It carries no passengers and does no
other business. Such laborers as an- compelled to ride to and from Montgomery in connection with the • logging '
of the Montgomery Mill and Lumber Co.. are not considered as passengers, as they are not charged for their
transportation/'

Rolling Stock, June 30, 1891. — Locomotive engine, 1. Freight cars (flat), 23.
Operations, etc., for year ending June 30, 1891.— Train mileage (freight), 13,000 miles.
Tons of freight moved, 6,250. Earnings from freight, $2,500. Operating expenses, $3,125.
Deficit, $625.

Financial Statement, September 30, 1889 (latest furnished).— Capital stock (authorized,
,$50,000) paid in, $40.000, representing cost of road, etc. Annual meeting, October 1.

Directors.—J. L. Iriou, B. H. Powell, R. D. Hardesty, H. H. Lumuiis, J. E. McComb,
iH. B. Rice, Montgomery, Tex.

R. T. HARDKSTY, President and Treasurer Montgomery, Tex. ^

H. H. Lummis, Secretary Montgomery, Tex.

PRINCIPAL OFFICE AND ADDUESS Montgomery, Tex.

LAKE ERIE, ALLIANCE AND SOUTHERN RAILWAY COMPANY.

Line of Road.— Bergholz, O., to Alliance, O 36 miles.

Wing?, etc., 2 miles. Gauge, 4 ft. 8* in. Rail (steel), 56 Ibs.
21

322

POORS MANUAL OF RAILROADS.

History. — Reorganization, January 19, 1887, of the Cleveland, Youngr-towu and Pitts-
burgh Ry. Co., whohe property was sold under foreclosure in December, 1886. (See MANUAL
for 1890, page 225.) A section of this company's line, from Alliance to Phalanx, O., 25 miles,
was sold under foreclosure on January 15, 1891, and purchased for account of the first mort-
gage bondholders, who organized, about April 25, 1891, the Alliance and Northern HR. Co.
(See page 9.)

Rolling* Slock, June 80, 1891. — Locomotive engines, 3. Cars — passenger, 2 ; baggage,
mail, and express, 1 ; freight (platform, 10 ; coal, 60), 70 ; caboose, 1 — total cars, 74. One
locomotive, 10 platform, and 60 coal cars were acquired through car trusts.

Operations for year ending June 30, 1891. — Train mileage— passenger, 17,230 ; freight,
10,100 ; mixed, 22,640— total, 49,970 miles. Passengers carried, 26,159 ; carried one mile,
482,760 ; average mile rate, 2.12 cents. Tons freight moved, 113,609 ; moved one mile,
2,158,571 ; average ton-mile rate, 1.76 cents.

Earnings.— Passenger $9,233 46

Freight 38,015 34

Mail and Express 3,600 30

Miscellaneous... . 2,212 «6

Expenses.— Transportation $15,174 97

Maintenance of Equipment 8,124 11

Maintenance Way and Buildings. 12,085 45
General 5,588 18

Total ($1,473.93 per mile) $53,061 66 Total ($1,138.13 per mile). $40,972 71

. Net earnings (22.78 percent.), $12,088.95. Payments: Interest on bonds, $65,800; on
debt, $9,000 ; equipment, taxes, etc., $12,091.91— total, $86,971.91. Deficit, $74,882.96.

Financial Statement, June 30, 1891.— -Capital stock, $3,000,000 ; funded debt outstand-
ing, $2,035,000 ; leased warrant notes for equipment, $6,205.70; current accounts, $74,777.71;
—total, $5,115,983.41. Contra: Cost of road, $5,288,782.74; rolling ^-tock, $35,646.66;
materials, etc., $75— total, $5,324,504.40.

Details of funded debt outstanding June 30, 1891 (total, $2,035,000) :
let mtge. (L. E. A. & S. Ry., Alliance to Bergholz, 36 miles) 6 per cent. 30-year bonds, due Jan. 1, 1917

(authorized, $1,250,000)

. . $366,000

Income Bonds (L. E., A. & S. Ry., Alliance to Bergholz, 36 miles) 6 per cent. 30-year bonds, due Jan. 1,
1917 (authorized, $1,750,000)

The balance of 1st mortgage bonds is reserved for extensions at $25,000 per mile. These
bonds are $1,000 e:ich, coupon and registered, interest payable January and July. The in-
come bonds are non-cumulative, $1,000 each, coupon and registered, and are redeemable
after 1897 at 106.

Directors.— L. M. Lawson, Fisher A. Baker, New York, N. Y. ; S. J. Williams, E. E.
Scranton, T. R. Morgan, Sr., Alliance, O. ; A. L. Griffin, Pittsburgh, Pa. ; R. G. Richards,
Steubeuville, O.

A. L. GRIFFIN, President Pittsburgh, Pa.

S. J . Williams, Vice- President Alliance, 0.

Sec. and Treas.—L. M. Lawson New York, N. Y. | Superintendent— -E. E. Scranton Alliance, O.

PRINCIPAL OFFICE AND ADDRESS Alliance, 0.

Transfer Office 102 Broadway, New York, N. Y.

LAKESIDE AND MARBLEHEAD RAILROAD COMPANY.

Lilie of Road. — Marblehead Junction, 0., to Marblehead, O 7.35 miles.

Sidings, 2.82 miles. Gauge, 4ft. 8f in. Rail (steel), 60 Ibs.

History. — Organized August 17, 1886. Road opened January 17, 1887.

Rolling- Stock, June 30, 1891. — Locomotive engines, 2. Cars— passenger, 2 ; baggage,
mail, and express, 1 ; freight (box, 5 ; coal, 1), 6— total, 9.

Operations for year ending June 30, 1891. — Train mileage — passenger, 3,763 ; freight,
1,882 ; other, 5,120 — total, 10,765 miles. Passengers carried, 6,550 ; carried one mile, 42,297;
average mile rate, 2.20 cents. Tons freight moved, 62,390 ; moved one mile, 458,566 ;
average ton-mile raet, 3.08 cents.

POOR'S MANUAL OF RAILROADS. 323

Earnings for year ending December 31, 1891.— Passenger, $3,381.03; freight, $32,085.57;
mail, $342 ; express, $377.07; other, $25— total, $36,210.67. Operating expenses— transport-
ation, $12,997.06; maintenance of way, cars, etc., $7,432.70; general, $3,963.36— total,
$24,393.72. Net earnings, $11,816.95. Payments: Interest on bonds and debt, $6,689.33;
taxes. $672.33— total, $7,361.66. Balance, surplus, $4,455.29. Deficit forward, $1,723.73—

surplus, $2,731.56.

Financial Statement-, December 31, 1891.— Capital stock (par, $100), $150,000 ; funded
debt (1st mortgage 6 per cent. 30-year $1,000 coupon bonds, due April 1, 1922, interest
April and October; authorized, $150,000) outstanding, $140,000 ; current accounts, etc., $15,-
710.52 ; profit aud loss, $2,731.50— total, $308,442.08. Contra: Cost of road, $273,971.08 ;
rolling stock, $25,047.35 ; current accounts, $9,423.65— total, $308,442.08.

Annual meeting, fourth Wednesday in September, at Cleveland, O. Trustee of bonds,
International Trust Co., Boston, Mass. Registrar of stock, W. A. Pardee, Cleveland, O.

Directors (elected June 2, 1891).— H. A. Blood, Geo. X. Smalley,W. O. Chapman, Boston,
Mass. ; D. G. Cutler, Duluth, Minn. ; X. Kelley, Kelley Island, O. ; Caleb E. Gowen, J. C.
Hale, E. J. Blandin, W. A. Pardee, Cleveland, O.

\V. 0. CHAPMAN, President Boston, Mass.

Y.-Pres., Treas. & G. J/.— Caleb E. Gowen. Cleveland. O. \ Secretary— W. A. Pardee Cleveland, O.

PRINCIPAL AND TRANSFER OFFICES Cleveland, O.

LANCASTER, OXFORD AND SOUTHERN RAILROAD COMPANY.

Line of Road. — Oxford, Pa., to Peacli Bottom, Pa 20 miles.

Sidings, etc., 1.4 miles. Gauge, 3 ft. Rail (steel, 12 miles), 30 Ibs.

History. — Reorganization, September 3, 1890, of the Peach Bottom RR. Co., whose prop-
erty was sola under foreclosure sale June 16, 1890. (See MANUAL for 1890, page 138.)

Rolling: Stock, June 30, 1891 — Locomotive engines, 4. Cars — passenger, 4; freight
(box, 12 ; stock, 1 ; platform, 7), 20— total cars, 24.

Operations for year ending June 30, 1891. — Train mileage not reported. Passengers
carried, 10,881. Tons freight moved. 9,124. Earnings— passenger, $3,884.02; freight,
j $7,439.51; mail, $864.84; express, $196.07— total, $12,384.44. Operating expenses not
reported.

Financial Statement. — Not furnished.

Directors (elected September 3, 1890).— J. W. B. Bailsman, John C. Hager, E. K. Mar-
!tin, Lancaster, Pa.; J. E. Ramsey, J. M. Showalter, Oxford, Pa.; R. B. Paterson, Spruce
Grove, Pa.

WALTER M. FRAXKLTX, President Lancaster, Pa.

\Stc. and Treas.—J. W. B. Bailsman Lancaster, Pa. | Supt. & Transfer Agent— G. Eenie Dickey. Oxford. Pa.

PRINCIPAL OFFICE AND ADDRESS Lancaster, Pa.

LAUREL FORK AND SAND HILL RAILROAD COMPANY.

UVo report for 1891. The following is repeated from la*t MANUAL.)

Linejof Road. — Laurel Fork Junction, W. Vu., to Volcano, \V. Va 4.0

Coal Bank Branch : Lick Fork to Coal Bank 1.5—5.5 miles.

Sidings, 1.5 miles. Gauge, 4 ft. 8£ in. Rail, 56 Ibs.

History.— Chartered February 28, 1866 ; road opened in September, 1667. Leased from
^eptember 1, 1877. to April 30, 1888, to the West Virginia Transportation Company.

Rolling: Stock. — Locomotive engines, 2. Cars — passenger, 1 ; freight, 3 — total cars, 4.

321 POOE'S MANUAL OF RAILROADS.

Operations for year ending August J, 1889. — Train mileage — passenger and freight
tistics not reported. Gross earnings, $14,652 ; operating expenses, $13,770 : net earnings, £^

Financial Statement, August 1, 1889.— Capital stock (par, $50), $163,600 ; profit
loss, $14,385— total, $177,985. Contra : Construction, $153,123 ; equipment, $23,487 ; r
rent accounts, $1.155 ; cash, $220— total, $177,985.

(For statement of dividends paid, see MANUAL for 1888, page 597.)

Directors.— Wm. C. Stiles, Jr., Volcano, W. Va.; H. A. Stiles, Henry Bovver, L. C.
Gratz, Philadelphia, Pa.

WILLIAM C. STILES, Jr., President Volcano, \V. Va.

Treasurer— Henry A. Stiles Philadelphia, Pa. | Secretary— Geo. C. Stiles Philadelphia

PRINCIPAL OFFICE AND ADDRESS Volcano, W. Va.

Transfer Office 209 South Third Street, Philadelphia, Pa.

LEBANON SPRINGS RAILROAD,

Line of Road.— Chatham, N. Y., to Bennington, Vt 57.10 miles

Sidings, etc., 3.95 miles. Gauge, 4 ft. 8A in. Rail (steel, 27 miles), 60 and 65 Ibs.

History.— Chartered March 25, 1852, and built the road as above, opening it in 1869
Receiver appointed October 1, 1880, and road sold under foreclo.-ure June 12, 1885. Pur-
chased by a syndicate of bondholders who transferred it to the New York, Rutland and M<m
treal Ry. Co. (chartered December 31, 1883, for 'the purpose of consolidating the COID]
with the Bennington and Rutland RR. Co.) April 1, 1886. On February 27, 1888, the
again went into the hands of a receiver. (See MANUAL for 1891.) By judgment of th-
Supreme Court the sale of 1885 was set aside and a new sale ordered.

Rolling Stock, June 30, 1891. — Locomotive engines (owned, 2 ; leased, 3), 5. Cars-

passenger, 2; combination passenger, 4; baggage, etc., 1 ; freight (box), 11 — total cars, 18.

Operations for year ending June 30, 1891. — Train mileage —passenger, 41,594 ; freight
83,190— total, 124,784 miles. Passengers carried, 63,991 ; carried one mile, 663,753 ; averag
mile rate, 3 cents. Tons freight moved, 43,691 ; moved one mile, 1,469,641 ; average ton
mile rate, 2.6 cents. Earnings— passenger, $19,912.59 ; freight, $38,622.65 ; mail, $3,516.64
express, $900; other, $675— total, $63,626.88. Expenses— transportation, $34,007.61 ; motiv
power and cars, $5,268.31 ; maintenance of way, etc., $20,566.98; general, $7,648— total:
$67,490.90. Deficit from operations, $3,864.02. Miscellaneous receipts, $340.73. N<
deficit, $3,523.29. Paid rentals, $190 ; taxes, $49.16— total, $239.16. Deficit for yeai
$3,762.45. Surplus forward, $5,398.16— net surplus, $1,635.71, less sundry items carried t
profit and loss during the year, $278.98 — surplus as per balance sheet, $1,356.73.

Receiver's General Balance Sheet, June 30, 1891. — Audited vouchers and pay rollii
$5,501.78 ; current accounts, $4,795.32 ; profit and loss, $1,356.73— total, $11,653.83. <
Materials, etc., $3,431.46 ; current accounts, $5,090.85 ; cash, $3,131.52— total, $11,653.53.

Since the close of the fiscal year receiver's certificates to the amount of $20,00'
authorized to provide means for repairing damages to the roadbed.

WILLIAM V. REYNOLDS, Receiver Bennington, Vt.

E. D. Bennett, General Superintendent Bennington, Vt.

PRINCIPAL OFFICE AND ADDKESS Bennington, Vt.

LEHIGH AND HUDSON RIVER RAILWAY COMPANY.

Line of Road. — Belvidere, N. J., to Gre.v court, N. Y 63.2

Trackage : Pennsylvania RR.: Belvidere to Phillipsburg, N. J 13.3 — 76.5 mil*

•, ( Orange County Railroad (for details see page 326) 13. 1 mill

Operated : -j ^ E & p RR . phiiiipsburg) N. j.? to Eastou, Pa 0.7 nin\

Total length of lines operated 90.3 inil<

Sidings, etc., 15.23 miles. Gauge, 4 ft. 8£ in. Rail (steel, 63.2 miles), 60 Ibs. per yard.

POOii's MANUAL OF RAILROADS. 325

History.— Ciiartned April 1, 1S82 ; road opened throughout, August 14, 1882. The

Coal and Navigation Co. and thf Central HR. Co. of New Jersey have a controlling

^r in the stock of this company. Since the close of the fiscal year the company has

completed and begun to operate the line between Hamburg and Franklin Junction, N. J.,

iles. referred to in the MANUAL for 1891, and the use of the tracks of the X. Y., S. &

W. UK. between those points has been abandoned. (See MANUAL for 1891.) A contract for

••are, entered into early in 1889 with the Pennsylvania KK. Co.. gives to this company

use of the Pennsylvania tracks between Belvidere and Phillipsburg. and to the Pennsylvania

HR. use of this line to reach the Pottghkeepsie Bridge. There is also a trackage agreement

with the N. Y., O. & W. RR. between Burnside and Campbell Hall, X. Y., connecting with

tht- Walkill Valley RR. and West Shore System. The Orange County RR. is operated by

this company, but accounts are kept separate.

Rolling Stock, June 30, 1891. — Locomotive engines, 13. Cars— passenger, 4 ; combina-
tion and baggage, etc.. 6 ; freight (box, 14 ; platform, 25 ; milk, 6 ; coal, 583 ; caboose, G),
034 : service, 2 — total cars, 646. Car trust covers 100 of the coal cars.

Operations for year ending June 30, 1891. — Train mileage — passenger, 73,944 ; freight,
181.765 ; other, 36,547— total, 292,256 miles. Passengers carried. 84,522 ; carried one mile,
960.232 ; average mile rate, 2.44 cents. Tons'freigbt moved, 637.261 ; moved one mile, 36,-
j626.160 ; average ton-mile rate, 0.92 cent.

Earnings.— Passenger $23.455 79 Expenses.— Transportation $124.622 74

Freight 339,373 94 Motive Power 11.724 73

Mail 3.14100 Maintenance of Cars 24,86977

Express 2,862 4^ Maintenance of Way & Bidgs . . 4 .

Miscellaneous.. 12,89916 General... 29.60458

Total (S4.944.32 per mile) $331. 702 37 Total ($3,023.50 per mile; $23-3,414 58

Net earnings (38.85 per cent.), $148,287.79 ; add other receipts, $1.411.04— total net in-
borne, $149,698.83. Payments : Interest on bonds, $97,524.28 ; interest on debt, $13,618.79 ;
jother payments, $4?8o2.58— total, $115.995.65. Balance, surplus, $33,703.18; deficit from
last year, $95,225.28— net deficit, $61,522.10.

General Balance Sheet, June 30, 1891.

Cost of Road $•.• Capital Stock (par, $100) $1,340,000 00

Cost of Rolling Stock 528,603 91 Funded Debt Outstanding 2,082,990 00

Stock of Other Companies 350,000 00 ' Bills Payable . . , 274.143 15

Materials and Fuel on H.-md 29.060 5? Audited Vouchers and Pay Rolls 43.735 :j'j

Current Accounts 266,831 92 Current Accounts 14.876 91

CashonHand 30,93795 Other Liabilities * 49,95100

Profit and Loss 61,522 10

Total Assets *3.*05,696 45 Total Liabilities $3,805.696 45

The funded debt consisted, June 30, 1891, of— '

Warwick Valley RK. ir, miles' l<t mortgage 6s. July 1, 1879-99, interest April and October *143 000

wayanda RR. (6.5 miles. 1st mortgage 6s, January 1, 1880-1900. interest January and Julv. . . 65,000

uetagh and Hudson River RR. (41.6 miles) 1st mortgage 5s. July 1. 1881-1911, interest January and July 800 000

nek \ alley RR. (21.6 miles) 2d mortgage 6s. December 1, issi-lOll. interest April and October. . .". . 240.000

Lenigh and Hudson River RR. (63.2 miles) 2d con. mortgage 5s. July 1. 1887-1917. int. January and July 206 320
-. ft H. R. RR. general mortgage 5s. July 1. 1S90-1920, interest January and Julv
| tmded coupon 5s. January 1, 1885-1890. 'interest January and July

r.v^T ?\Car Tni?t •>*• J«ly I. 1890-1894, interest January and Julv.". . 40*000

delphia Car Trust 6s. April 1 r, 18*3-1 -!«90, interest January and July ['....'.'.'.'.'.'.

All bonds coupon. First mortgages of 1899 and 1900, $500 and $1,000 bonds ; others,

Interest payable at New York National Exchange Bank, New York City, and at

tt arwick National Bank, Warwick. N. Y. Annual meeting, first Monday in December, at

Broadway. New York City. D. B. Halstead and Central Trust Co.. trustees of bonds.

New York National Exchange Bank, registrar of stock.

326 POOR'S MANUAL OF RAILROADS.

RAILROAD OPERATED BY THE L. & H. R. RY. Co.

ORANGE COUNTY RAILROAD.— Hudson Junction (Greyconrt) to Maybrook, N. Y., 10.1
Trackage: N. }'., ft. <(• II. JtJi., Bnrnside to C.-impbell Hall, N. Y., 2A miles— total, 13.1 miles, siding
1.7 miles. Rail (steel), 60 Ibs. Chartered November 28, 1888. and road built in 1889. The Lehigli and Hi.
River Ry. Co. furnishes the equipment and operates the trains on this road, receiving for the services rein;
25 per cent, of the train earnings. On January 1, 1891, the Lehigh and Hudson River RR. Co. purchased a con
trolling interest in the stock of this company. '

Operation* for year ending June 30. 1891. — Train mileage — passenger. 9,234 ; freight, 16,694— total.
miles. Passengers carried, 3,758 ; carried one mile, 29,044 ; average mile rate, 2.2 cents. Tons freight iu<
170,927 ; moved one mile, 1,873,614 ; average ton-mile rate. 0.82 cent. Earnings— passenger, $647.<><> ; fp
S15.411.54 ; other, $ 41 .07— total, $16,100.27. Operating expenses and taxes, $12,525.71. Net earnings, $3.574.56! i
Credited L. & H. R. Ry. Co., being surplus for six months ending June 30, 1891, $1,411.04. Balance, surplus,
$2,163.52.

Financial Statement, June 30, 1891.— Capital stock, $200,000 ; loans and bills payable, $196,10.9.23; profit
and loss, $5,458.95— total, $401,568.18. Contra : Cost of property, $400.157.14; due by agents, $1,411.04— total
$401,568.18. Annual meeting, first Monday in December.

Directors (elected December 7, 1891).— Henry Graves, S. M. Williams, J. R. Maxwell, Edward D. Adams,
George F. Baker, J. W. Watson, Robert W. DeForest, Loyal! Farnigntt, New York, N. Y. : H. W. Maxwell,
Brooklyn, N. Y.; George S. Jones, Orange, N. J.: Joseph S. Harris, Samuel Dickson, T. Charlton, S. Shepherd
Philadelphia, Pa. Queers : J. W. WATSON, President, 143 Liberty St., New York, N. Y. ; John Sayer, Secretary
a^d Treasurer ; E.'S. Reynolds, Auditor, Warwick, N. Y.

Board of Directors, L. & H. R. Ry. Co., elected December 7, 1891.

E. W. Clark Philadelphia, Pea.

Henry Graves $Iew York, N. Y.

Joseph S. Harris. .Philadelphia, Pa,
Garrett A. Hobart. .Patterson, N. J.

Edward Lewis Philadelphia, Pa.

John S. Martin New York, N Y.

J. R. Maxwell

W. R. Potto...

E. D. Adams New York, N. Y.

G. F. Baker...

Grinnell Burt Warwick, N.Y.

Charles Caldwell..New York, N. Y.

George W. Sanford Warwick, N. Y.

GRINNELL BURT, President Warwick , N. Y.

Joseph S. Harris, Vice- President Philadelphia, Pa.

Treasurer— John Sayer Warwick, N. Y. ] Secretary— Daniel B. Hal stead New York, N. Y.

Auditor— E. M. Reynolds Warwick, N. Y.

PRINCIPAL OFFICE AND ADDRESS Warwick, N. Y.

Transfer Agency New York National Exchange Bank, New York, N. Y.

LEHIGH AND LACKAWANNA RAILROAD COMPANY.

Line of Road. — Bethlehem, Pa., to Wind Gap, Pa 25 miles-

Sidings, etc., 5.07 miles. Gauge, 4 ft. 8£ in. Rail— iron, 57 ; steel (14 miles), 60 Ibs.

History. — Road opened in 1867. Operated in connection with the Lehigh and Susque-
hanna RR. under special agreement.

Rolling Stock. — Furnished by Central RR. Co. of New Jersey.

Operations for year ending June 30, 1891. — Train mileage— passenger and freight sta-
tistics not reported. Earnings — passenger, $26,003.25 ; ii\ i«fht, $55,213.03 ; mail, express,
etc., $2,622.97 — total, $83;839.25. Operating expenses, including new tracks — $79,709.08.
Net earnings, $4,130.17. Payments not reported.

Financial Statement, June 30, 1891.— Capital stock ($50 shares) authorized, $1,000,000 ;
paid in, $370,500; funded debt (1st mortgage 7 per cent. 30-year bonds, due December 1,
1907, $100,000; 2d mortgage 7 per cent. 30-year bond-, due December 10, 1907, $500,000',
$600,000— total, $970,500, representing cost of road.

Annual meeting, second Monday in January. Interest payable at Philadelphia, Pa.

WIND GAP AND DELAWARE RAILROAD. -Pen Argyl, Pa., to Stroudsburg, Pa. (cm
to Saylorsburg, 10 miles), 17 miles. Bangor Branch, Pen Argyl to Baniror. 5 miles. (Jaiiirc. 4 ft. H.i in. 1;.
Ibs. Road from Pen Argyl to Stroudsburg Junction, 4 miles, and the Bangor Branch, 5 miles, opened in 1«H1
The extension from Strondsburg Junction to Saylorsbnrg, (i miles, was built in 1888. Operated in connection
with Lehigh and Lackawanna RR. Capital stock paid in, $50,000 ; par, $50. J. s. HAKKJS. J'n-nxleiit ; S. Shep-
herd, Secretary and Treasurer, Philadelphia, Pa.

Board of Directors, Lehigh and Lackawanna Railroad Co//t />(>/<//.

E. W. Clark Philadelphia, Pa. Edward Lewis Philadelph:

Thomas McKean " S. Shepherd

J. S. HARRIS, President Philadelphia, Pa.

Secretary and Treasurer — S. Shepherd. Philadelphia, Pa. | Auditor — C. F. Howell Philadelphia. P

PRINCIPAL OFFICE AND ADDRESS 226 South Third Street, Philadelphia, Pa.

POOR'S MANUAL OF RAILROADS. 327

LEHIGH VALLEY RAILROAD COMPANY.

(For map of this sy*t( /// tte i>age 329.)

Main Line of Road.— Newark, X. J., to Geneva, X. Y ................... 338.37 miles.

e ninl SuUinin Ri'>ni?h : Monroeton, Pa., to Bernice, Pa ........... 24.00 miles.

, ,-hf ami Xtntt- Line RR. : Penu State Line to Waverly, X. Y ............. 0.40 mile.

yalsock /]/'<>/><•/< : Bernice, Pa., to end of track .......................... 17.84 miles.

iV/. <*•''//'•/•« "ml I[arr,-tfs Lake Branch: Mill Hollow to Harvey's Lake, Pa ---- 13.46 miles.

ni/f'x Corners, Or/.V andWMard RR.: Hayt's Corners to \Villard, X. Y ........ 3.83 miles.

', VaV.ffi It//- (Mileage in operation as per statement on page 331, 130.39 m.,

less 75.03, incl. in Main Line) ............ ........................... 55.36 miles.

//lAill and Lehigh Valley RR.: Lizard Creek June, to Blackwood, Pa ...... 39.18 miles.

'hern Central Division : North Fairhaven, X. Y., to State Line ............. 114.71 miles.

i oal and other small branches ............................................ 262 .22 miles.

Total length of lines, Lehigh Valley System, Xovember 30, 1891 ---- ! ..... 869.37 miles.
mid track, 315.95 ; sidings, 836.31 miles. Total track, 2,021.63 miles. Gauge, 4 ft. 8^ in.

isteel, 1,774 in.), 58 to 76 Ibs.

The company also uses under trackage contracts about 50 miles of the Pennsylvania RR.
(Vs. system ; 15 miles of that of the New York Central and Hudson River RR. Co. ; 188 miles
of the Xew York, Lake Erie and We.-tern RR. ; and 21 miles of the Central RR. of New
Jersey, making a total of 1,143 miles operated.

History.— Chartered as the Delaware, Lehigh, Schuylkill and Susquehanna RR. Co.,
Septemuer20, 1847; under existing title, January 7, 1853. The main line in Pennsylvania
was completed in October, 1855. The company absorbed the Beaver Meadow RR. in July,
and thePenn Haven and White Haven RR. in August, 1864 ; the Lehigh and Mahanoy RR.
in June, 1866 ; the Hazleton and the Lehigh Luzerne RRs. in June, 1868.

The Easton and Amboy RR. in Xew Jersey, now operated as a part of the main line, was
opened in June, 1875. It was built under a separate charter, but is owned by the Lehigh
Valley RR, Co. The Clinton Branch was opened Xovember 22, 1881, and the Flemington
and Paper Mill Branches in 1884.

The company owns a controlling interest in the Pennsylvania and New York RR. (leased
for 99 years from December 1, 1888), and leases the Southern Central RR. of Xew York.

EXTRACT FROM THE COMPANY'S REPORT FOR 1891.

" The Lehigh Valley Ry. Co.1? new line from Geneva to Buffalo is completed. The masonry and bridging'
are completed for second track upon this part of the road, and the grading will be finished during the winter.
The Geneva and Van Ettenville line is also well under way, and both will be ready for business by May next, at
which time our contract with the New York. Lake Erie and Western RR. Co. expires, when the revenue hereto-
fore paid to that company for the use of their lines will inure to this company.

" Arrangements having been made with the New York Central and Hudson River RR. Co., which, during the
: . acquired control of the Rome, Watertown and Ogdensburg RR., providing for our business to and
from the bridges across the Niagara River and Buffalo, Batavia, and intermediate points, the building of the pro-
posed road between Buffalo and the bridges btcame unnecessary, and all expenditures toward that end ceased
early in the year.

Rochrxttruin.^ Honeoye Valley RR. Co., including about twenty acres of land in the city of Rochester,
is now controlled in the interest of this company. Rapid progress is being made in the construction of the road
between Rochester and the junction with our main line (about fourteen miles), and we expect early in the year to
ran our trains and do business to and from that city.

•'The Roselle and South PlainfiVld. the Newark and Ro?elle. the Newark, the Jersey City. Newark and

. the Newark and Passaic. the Edgewater. and the Jersey City Terminal Rv. Cos. being the roads which

form our through line between the Easton and Amboy RR.. at South Plainfleld. and the harbor of New York City,

were consolidated into one corporation, called the Lehigh Valley T< /•//</'/•'// 7P//. Co. Upon the property of this

company, including the extensive basins, wharves, and improvements in Jersey City, there has been executed a

?age for $10.000.000 to secure a like amount of 5 per cent. 50-year gold bonds. Seven million dollars of these

" During the year the National DOCKS Ry. Co.. in which we have an interest, consolidated with the Bergen
t Ry. Co. and the Jersey City and Western RR. Co.. under the old title of the National Docks Ry.Co. A
complete line of railroad is thus provided from Point of Rocks to Constable Hook.

" During rhe past autumn the lie*-/ Side Conntc/inr/ Ri/.. extending from our main line at Port Bowkley to a
onnection with the Wilkesbarre and Harvey's Lake RR., in the borou<rn of Luzerne, about two miles in length,
Deluding a six-span iron bridge across the Susquehanna River, was opened for business. This link of road
•neds a saving in distance from the Harvey's Lake Road to and from Wilkesbarre and points south thereof o(
J.9 miles over the route heretofore in use ria Coxton and the West Pittstou Branch."

Since the close of the fiscal year the property of this company has been leased to the
Philadelphia and Reading RR. Co. For terms of the lease see statement of that company.

328

POORS MANUAL — LEHIGH VALLEY EE. CO.

Rolling- Stock, November 30, 1891.— Locomotive engines, 008. Cars as follows :

PASSENGER CARS (318).

FKI;K;IIT CAKS (47,829).

SKKVICE CARS (1,660).

Coaches.

185
14
47
68
4

Stock

497
491
1,9(53
50
35
300
10,670
283
50
33,490

Wreck and Tool

81
5
67

286
71
7

1,136

Chair ....

Platform

Water
Tunnel .

Combination
Bagijajje, Mail, and Express..
Special

(Jondola
Bark

Caboose

Lime

Supply.

Heater

Snow Ploughs
Flangers

House

Refrigerator

Roadway Department

Coke.

Ooal-^4-wh.,«6,31I ; 8-wh., 7,179

Operations for year ending- November 30, 1891 (entire system). — Passengers carried,
5,734,288 ; carried one mile, 98,848,684 ; average mile rate, 2.174 cents. Tons freight moved
(including bituminous coal), 5,496,760 ; moved one mile, 865,114,960 ; average ton-mile rate,
0.702 cent. Anthracite coal moved, 10,332,954 ; moved one mile, 1,025,069,657 tons ; average
rate per ton per mile, 0.832 cent.
Earnings.— Passenger $2,149,298 2-1 I Expenses.— Transportation $5,641,289 46

Freight 5,944,820 (53

Mail and Express 158,102 48

Coal 8,679. SS3 7n

Miscellaneous 3%,204 S5

Total ($19,932.03 per mile) $17,328,301) 90

Maintenance of Equipment. . . 2,148,627 36

Maintenance Way, etc 3,676,387 00

General and Taxes. . . 1,609,605 73

Total ($15,040.67 per mile) $13,075,909 55

Net earnings (24.54 per cent.), $4,252,400.35 ; add income from investments and other
sources, $1,581,950.81— total net income, all sources, $5,834,351.16. Payments : Interest on
bonded debt (including guarantees), $2,817,240 ; dividends on common and preferred stock
(Quar. J., A., J. & O.), $2,027,370 ; general expenses, interest on floating debt, taxes, loss on
Morris Canal, etc., $723,509.98— total, $5,568,119.98. Balance to profit and loss, $266,231.18.
Financial Statement, November 30, 1891.— Capital stock (preferred 10 per cent. $106,-
300 ; common, including scrip not yet converted, $40,335,010), $40,441,310 ; funded debt,
$30,414,000— total, $70,855.310.

Statement of funded debt outstanding, November 30, 1891 :

1st mtge. 6 p. c. 30-year $1.000 coupon and registered bonds, due June 1, 1898, int. June and Dec $5,0*'

2cl mtge. 7 p. c. 40-year $1 ,000 registered bond?, due Sept. 1. 1910, int. May and Sept 6,<*

Consolidated mortgage 6 per cent. $1,000 coupon and registered bonds of 1874-75 :

Sterling, redeemable annually until 1897 $2.185,000

Coupons, due December 1. 1923 ($790.000 are 4*8.) 2,380,000

Registered, due December 1, 1923 ($2,114,000 are <Us.) 9,110,000

Annuity, irredeemable ($1,896,000 are 4*8.) 5,739,000- 19,414,000

Interest on 1st mortgage coupon bonds, payable at the bank of North America ; on all
other issues, at the office of the company in Philadelphia, Pa. Interest on consols is payable
semi-annually, June 1 and December 1. On the 1st of December, 1891, 269 sterling bonds
were drawn, leaving $1,916,000 outstanding. Par value of stock, $50 per share.

To this may be added the following obligations guaranteed by this company, the interest
and dividends upon which are included in the above statement :

Pennsylvania and New York Canal and Railroad Company :

Seven per cent, bonds, due 1896 $1,500,000

Seven per cent, bonds, due 1906 1,500,000

Five per cent, bonds, due 11)3.) 4.000,000

Four per cent, bonds, due 1<)3<) 3,000,000— $10

Easton and Amboy Railroad Company, live per cent, bonds, due in 1920 6,000,000

Morris Canal and Banking Company :

preferred stock, ten per cent $1.175.000

Consolidated stock, four per cent 1.02.\OOU— 2,200,000

Lehigh Valley Ry. (of N. Y.) : 4£ per cent, bonds, due. 1940 (see subjoined statement)

Lehigh Valley Terminal Ry. (N. J.) : 5 per cent, bonds, due 1941 (see .subjoined statement) 7,<too.

$35,150,000

The consolidated mortgage is for $40,000,000 of which $12,000,000 are reserved to retire
the prior liens when due. The bonds are issued in three series, of which the sterling is
called "Class A" is subject to call at par in increasing amounts each year, $285,000 being

3-29

330

POOK 8 MANUAL — LEHIGH VALLEY RP. CO.

the amount payable in 1892. A second series is composed of the " coupon and registered "
bonds, which are not subject to call, but which, prior to November 13, 1893, may be con-
verted at option of holders into bonds of the third series, these last being annuity bonds and
irredeemable, never falling due except in case of default. All these issues are equally
secured. The sterling bonds are to bearer, in amounts of £200 or $1,000 each, coupons pay-
able June 1 and December 1, at the office of J. S. Morgan & Co., London, Eng., or in Phila-
delphia, in gold. Principal repayable December 1, 1897, by the operation of an accumulative
sinking fund of 2 per cent., applied by drawings in September. The sterling bonds and the
bonds of 1923 are listed on the London Stock Exchange.

The seven per cent, bonls of the Delano Land Company, amounting to $1,900,000, guar-
anteed principal and interest by this company, matured January 1, 1892. Tho.se not retired
by the sinking fund have been replaced by $1,200,000 of 5 per cent, bonds with the saint'
guarantee issued under a new mortgage. The interest and sinking fund of these bonds are
provided for by the income of the Delano Land Company from royalties on coal mined from
their property.

Statement of operations, revenue, etc., of the Lehigh Valley RR. proper for five years
(1884-1888), and of the entire system for three years (1889-1891) ; also capital stock of the
Lehigh Valley RR. Co. for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Miles Eailroad Operated. . .
Passengers Carried
Passenger Miles
Freight (tons) Moved
Freight (ton) Miles
Coal (tons) moved .

325.71
2,669,067
35,294,518
2,606,828
164,694.503
6,008,999
473,022,633

6,295,282
1,763,429
889,496

326.61
2,273,710
33,648,225
3,170,012
220,627,093
6,258,178
497,968,512

6,079,542
1,617,236
860,139

330.00
2,664,235
37,855,051
3,839,794
204,701486
6,656,474
493,004,772
$
5,669,236
2,106.469
969,051

348.42
3,116,215
44,512,264
3.604,275
253,564922
6,824,320
513,889,171

6,165,411
2.430.761
1,122,884

355.51
3,627,967
47,311,629

785.00
4,696,683
75,117,608

886.24
5,191,821

86,618,528

869.37
5,734,288

98,848,684

905-114.900
10,332,954

1,025,069,1557

$

8,679,884
5,944,821
2,703,605

3.202,209
209,950,275
7,950,447
579,534,945

$
7,226,642

2,190,442
1,185,252

4,489,157
611,712,927
8,323,594
893.923,679

8,647,465
4,335,727
1,985,097

5,358,064
769,257,372
9,101,824
937,363,086

8,093,861
5.218,205
2,415,929

Anthracite Coal, 1 Mile ....

Coal Earnings
Freight Earnings

Passenger, etc., Earnings . .

Gross Earnings
Operating Expenses.

8,948,207
5,246,073

8,556,917

4,888,998

8,744,756
5,293,816

9,719,056
6,142,396

10,602,336

7,128,235

14,968,289
11,419,384

15,727,995
11,951,771

3,776,223
1,704,013

17,328,310
13,075,91ti

Net Traffic Earnings
Other Keceipts

Available Revenue
Interest on Bonds, etc
Dividends on Stock
General Expenses
Charged to Depreciation . . .
Balance (surplus)

Capital Stock
6 per cents, due 1898
7 per cents, dne 1910
Cons. Sterling
Cons. Registered
Cons. Coupon
Cons. Annuity

3,702,134
1,238,144

3,667,919
732,344

3,450,940
651,045

3,576,660
1,478,112

3,474,101
1,751,403

3,548,905
1,706,676

1.5SJ.-.I51

4,940,278
2,057,207
2,372,242

j- 473,355
37,474

32,954,920
5,000.000
6>000,000
3,686,000
7,319,000
.1,829,000
-.852,000

4,400,263
2,059.542
2,670,234

650,385
30,102

33,099,100
5,000,000
6,000,000
3,507,000
8,304,000
1,825,000
1,011,000

4,101,985
2,048,201
1,331,531

682,003
40,250

33,219,100
5,000,000
6,000,000
3,318,000
8,210,000
1,787,000
1,143,000

5,054,771
2,041,171
1,584,081

1,018,747
410,771

33,235.000
5,000,000
6,000,000
3,117,000
8,122,000
1.775,000
1,243,000

5,225,504; 5,255,581
2,081,285! 2,168,572
1,890,876! 2,018,202

967,873 945,768
285,470 123,039

39,707,550 40,441.310
5,000,000| 5.000,000
6,000,000 6.000,000
2,904,000' 2,678,000
8,060,000 i 6,953,000
1,725,000, 1.634.000
1,355,000 2,553,000

5,480,236
2.651,120
2,027,370

694,259

107,487

40,441,310
5,000.000
6.000.000
2,439,000
7.035.000
1,606,000
3,535,000

y.(W7.370
723,510
266,231

40,441.310

r>,(w.ooo

2,185,000
9.110,000
2.380,000

57,640,920

58,746,100

58,677,100

.58,492,000

64, 751. 550 1 65,259.310

66,056,310

The dividends on common stock for upwards of 20 years prior to 1876 had been 10 per
cent. In 1864 and 1866 extra dividends of 10 per cent, each were paid. In 1876 the divi-
dends were reduced to 9 per cent. ; in 1877 to 5£ per cent. ; in 1878 and two succeeding years
to 4 per cent. In 1881 dividends of 5£ per cent, were paid ; in 1882, 6£ per cent. ; in 188S
and 1884, 8 per cent, each ; in 1885, 6 per cent. ; in 1886, 4 per cent. ; in 1887, <U per cent. :
1888, 1889, 1890, and 1891, 5 per cent. each.

" An agreement dated Septemher 24, 1889," pays the company's report for 1889, "was entered into li-
the LehJfch Valley RR. Co.. the East Jersey Water Co., and the City of Newark, N. J., to construct from a part o:
the water-shed in the northern part of the State of New Jersey, controlled by this company, to the City of
a pipe line or conduit, together with such dams, reservoirs, and works as may be necessary, and to supply to
city so much water as it may need and require up to an ultimate maximum quantity of 50,000,000 gallons per day, with
the right at any time within a stated period to exercise an option to become the absolute owner in its own right oi
the said water-works upon the payment therefor of the sum of $6,000,000, of which $4,000,000 is to be paid in cash

POOR'S MANUAL — LEHIGH VALLEY SYSTEM. 331

or bonds of the City of Newark upon the delivery of the works, and the remaining £2,000,000 at the expiration of

years from tl
divert and use for it*

eleven years from'the date <>f the contract, daring which period the East Jrr.-t-y Water Co. retains the right to
divert and use for it- n\\ n benefit so much of 27.500,000 gallons daily as the city may not, during that time, need
for its own use. All water conducted in excess of that amount will also be under the control of the water com-

pany. Said $2,000,000 to be secured by the deposit, with some person or corporation to be agreed upon, of bonds
of tiie city of Newark in that amount, interest upon which, however, shall not accrue until the expiration of said
period of eleven vears.

" The above option has been duly exercised in the manner provided for in the contract, by resolutions recently
passed by the Newark Aqueduct Board afld by the Common Council of the city, certified copies of which have
rs'ed upon the water company."

The construction under the above contract was completed in advance of the date called
for, May 1. lS9t?, and water can now be delivered to the Newark reservoirs at any time.

Annual meeting, third Tuesday in January, at Philadelphia, Pa. ; books close 60 days
before and reopen the day following annual meeting. Stock transfer books close on day on
whirh dividend is declared and reopen the next day. Dividends payable on the 15th days of
January, April, July, and October, at Philadelphia, Pa. Stock to be voted must be owned 60
days before annual meeting. Transfer agent and registrar of stock, John R. Fanshawe,
Secretary. Trustees of bonds : 1st mortgage, Win. Longstreth and Ed. Roberts ; 3d mort-
gage, (lirard Life Insurance, Annuity and Trust Co., Philadelphia, Pa.; consolidated mort-
gage, Fidelity Iru-urance, Trust and Safe Deposit Co., Philadelphia, Pa.

RAILROADS LEASED BY THE LEHIGH VALLEY RAILROAD COMPANY.

EASTON AND AMBOY RAILROAD. -Easton, Pa., to Perth Amboy, N. J., 60 miles (double
track, steel rails, and 42 miles of sidings) : Clinton Branch. Laudstown. X. J., to Clinton, N. J., 2.06 miles ; Flem-
ington Branch, Flemington Junction, N. J.. to Flemington. N. J., 1.92 miles ; Paper Mill Branch, Musconetcong,
to Hughesville 3.22 miles; other branches, 1.73— total length, 68.88 miles. Main line opened in June, 1875 ;
Clinton Branch. November 22, 1881 ; and the Flemington and Paper Mill branches during the past year. The
road is owned by the Lehigh Valley RR. Co. Capital stock. 86.000.000 ; funded debt. 1st mortgage 5 per cent. 40-
year *1.000 bonds, due 1920, interest payable May and November, $6,000,000 : floating debt (advances by the
Lehigh Valley RR. Co.), §325. 649.99 —total, $12,325,649.99. Cost cf road and equipment, SI 1.685,606.46. Interest
on bonds is guaranteed by the Lehigh Vulley RR. Co. Trustee of bonds. Provident Life and Trust Co., Philadel-
phia, Pa. ELISHA R. WILBUR, President ; John R. Fanshawe, Secretary ; W. C. Alderson, Treatwer, Phila-
delphia, Pa. PRINCIPAL OFFICE, Philadelphia, Pa.

HAYT S CORNERS, OVID AND WILLARD RAILROAD.— Hayt's Corners, N. Y.. to Wil-
lard, X. Y.. 3.83 miles. Sidings, etc.. 3.27. Gauge. 3 ft. Rail (steel. 3.83 miles), 58 Ibs. Chartered September
15, 1882. Road opened in 1883, and leased for 99 years to Geneva, Ithaca and Sayre RR. Co. Capital stock, $4,-
100. Cost of road, 32,2^.52. JAMES B. THOMAS' President, Ovid. N. Y.

LEHIGH VALLEY RAIL WAY.- Line* of Rmnl Projected: Buffalo. X. Y.. to Van Ettenville, X. Y..
163: Geneva, X. Y.. to Pennsylvania St.-ite Line. 75.03 ; Willard's Branch. 3.83 ; Ithaca. N. Y.. to Cayuga, X.Y..
38.52 : Cayuga Junction, X. Y., to Ithaca Junction. N. Y., 7.80— total length of all lines, 288.18 miles: 2d track and
sidinas. 94.38 miles. Gauge, 4 ft. 8t in. Steel rails. 258.5? miles. Consolidation 1890, of the Geneva and Sayre.
the Ger.eva and A'an Ettenville. the Buffalo and Geneva, the Auburn and Ithaca, and the Lehigh Valley Ry. Cos.
The projected line of this road is from Sayre, Pa., to Buffalo, X. Y., with branches ; aggregate length, 288. 18 miles,
of which 230 miles are now completed, and the remainder (58.18 miles) under construction, to be completed and
in operation by May 1, 1892. In 1890 this company executed a mortgage to secure an issue of 815,000,000 first
mortgage 4| per cent, bonds. Of these bonds S6.000.000 in amount were issued in July. 1890, and $3,950.000 subse-
quently^ making a total of $9,950.000 issued. The bonds are for $1,000 each, coupon, "with privilege of registration
in Philadelphia as to principal only, or as to principal and interest ; interest payable semi-annu;illy January and
July, at office of company in Philadelphia ; principal payable July 1, 1940 ; principal and interest payable in gold,
and free of all taxes. Trustee, the Girard Life Insurance Annuity and Trust Co.. Philadelphia. Pa. ELISHA P.
WILBUR. President, South Bethlehem, Pa. ; John R. Fansha\ve. Secretary', W. C. Alderson. Treasurer, Phila-
I delphia. Pa. PRINCIPAL OFFICE AND ADDRESS, Philadelphia. Pa.

LEHIOH VALLEY TERMINAL RAILWAY.— South Plainfield. X. J., to Jersey City. X. J..
25 miles. 2d track, 25 miles. Sidings, etc., 6.5 miles. Gauge, 4 ft. 8.V in. Rail (steel), — Ibs. Consolidation,
August 28, 1891, of the Roselle and South Plainfield (see MANUAL for 1891, page 749) the Newark and Roselle. the
Jersey f'ity, Xewark and Western, the Newark and Passaic. the Jersey City Terminal, the Edsewater and the
Newark Ry. Cos. Leased to the Lehigh Valley RR. Co., which owns the entire capital stock. Financial xtott-
ment. November 30. 1891.— Capital stock (par, $100), $8,348.000 : funded debt (1st morteage 5 per cent. 50-year
( $1.000 gold bonds, due October 1, 1941, interest April and October) outstanding, $7,000.000— total stock and
bonds. S15.348,000. The authorized amount of mortgage is $10,000,000, of which $7,000,000 have been issued, and
the remainder ($3,000,000) to be issued ''as future requirements of the company demand. Both principal and
interest '.niaranteed by the Lehigh Valley RR. Co. by endorsement on each bond. Bonds are coupon of $1,000
each, payable to bearer, with privilege of registration of principal only, or both principal and interest. They are
secured by mortgage on the entire line and about 125 acres of valuable terminal property in Jersey City. X~. J.
Interest payable at the office of the Lehigh Valley RR. Co. in Philadelphia, Pa . and at its agency in the city of
New York. Trustee, Central Trust Co.. New York. N. Y. ELISHA P. WILBUR. President. South Bethlehem,
Pa. ; W. C. Alderson. Treasurer ; D. G. Baird. Secretary, Philadelphia, Pa. PRINCIPAL AND TRANSFER OFFICES.
228 South Third Street. Philadelphia, Pa.

SCHUYLKILL AND LEHIGH VALLEY RAILROAD.— Lizard Creek Junction to Black-
wood. Pa., 39.18 miles. Sidings, etc., 8.29 miles. Gauge. 4 ft. 8i in Rail (steel), 76 Ibs. Road opened Septem-
, berln. 1890. Capital stock (fully paid). $2.000,000. No bonds. Annual meeting, second Monday in January.
ELISHA P. WILBUR, President, So Bethlehem, Pa.; Charles Hartshorne, Vice-President : R. H. Sayre. 2// Vi>:>--
t : John B. Garrett, 3'/ Vi''>-Pr>.-ttlent; D. G. Baird. Secretary and Treasurer, Philadelphia, Pa.
RINCIPAL OFFICE AND ADDRESS, 228 South Third Street, Philadelphia, Pa.

SOUTHERN CENTRAL RAILROAD.— Xorth Fairhaven. X. Y., to State Line, 114 miles. Sid-
™g*i 26.33 miles. Gauge, 4 ft. 8i in. Rail (steel. 122.64 miles). 56 and 60 Ibs. Chartered November 17, 18C5. On
the 23d of December, 1886, the directors voted to lease this road for 975 years from January 1, 1887, to the
Lehigh Valley RR. Co. It was transferred by the lessee to the Pennsylvania and Xew York Canal and RR. Co.,

332 POOR'S MANUAL — LEHIGH VALLEY SYSTEM.

and is now operated as a division of its line. Annual rental, interest on bonds and $500 for organization
expenses ; and surplus of earnings in any year up to 3 per cent, on capital stock to be paid lessor, and above that
sum to be retained by lessee ; if surplus exceeds 6 per cent, on capital stock, such excels to be divided equally
between lessee and lessor.

Income Account, year ending June 30, 1890.— Gross earnings, $456,608.14. Operating expenses, $393,740 19
Net earnings, $62,861.95. Payments: Interest on bonds, $190.403.13 ; taxes, $18,062.56- total. $208,465.69. Bal-
ance, deficit, $145,603.74. Deficit from last year, $1,514,366.04— total deficit, $1,1363,328.58.

Financial Statement, June 30, 1890.— Capital stock (authorized, $3,000.000 ; par, $100), $1,774,950 ; funded
debt (details following) outstanding, $3,866,790 ; current accounts, $14,668.94 ; interest on funded debt due and
accrued, $392,973.83 ; debt certificates, $2,783.15— total, $6,052,165.92. Contra : Cost of road, $4.376,508.66 ; cur-
rent accounts, $12,328.68 ; profit and loss, $1,663,828.58— total, $6,052,165.92.

Funded debt ($3,866,790) outstanding, June 30. 1890 :

1st mtge. 7 per cent. 30-year $1,000 coupon bonds, due August 1, 1899, interest February and August $90.000

Interest 7 per cent. 10-year bonds, due August 1, 1887, interest February and August 1 ,050- i

1st consolidated 5 per cent. 40-year bonds, due February 1 , 1922. interest February and August 3,300,000

Funded coupons— Consol. 4 p. c. 10-year bonds, due Nov. 1, 1897, interest payable May and November. . 475,740

The second mortgage bonds became due March 1. 1882, when the company proposed to issue new consoli-
dated mortgage 5 per cent. 40-year bonds, dated February 1. 1882, and not to exceed $3,400,000, for which the \
present firsts with coupons thereon should be exchanged at par ; the Lebigh Valley RR. Co. to pay the- irnaran-
teed seconds upon their maturity, and to receive in exchange for such an equal amount of new 5 per cents. : the [
$242,000 unguaranteed seconds to be exchanged for $160,000 of new bonds, the balance to be applied to retiring; j
the present floating debt, betterment of the road, etc. In furtherance of this plan all the outstanding bonds had
been retired on September 30, 1884. with the exception of $90.000 first mortgage and $1,050 interest bonds. The
company has deposited with the Metropolitan Trust Co. of New York its consolidated bonds to meet the out-
standing firsts and the interest bonds. Annual meeting, second Wednesday in November, at Auburn, N. Y.
Books close for annual meeting thirty days previously. Ownership of stock for thirty days entitles holder to-
vote. Interest on bonds payable February and August.

THOMAS C. PLATT, President, New York. N. Y. ; John N. Knapp, Vice- President ; H. L. Storke, Treasurer;
Dexter A. Smith, Secretary, Auburn, N. Y. PRINCIPAL OFFICE AND ADDRESS. Auburn. N. Y. ??"

PENNSYLVANIA AND NEW YORK CANAL AND RAILROAD COMPANY.-

^[a^n Line of Roa<l : Wilkesbarre, Pa., to New York State Line, 96.68 miles. Branch lines and connections, 14.86-
miles. Leased : State Line and Sullivan RR., Monroeton, Pa., to Bernice, Pa.. 24 miles : Waverly and State Line
RR., Pennsylvania Line to Waverly. N. Y., 0.40 mile; Loyalsock RR.. Bernice to end of track. 25. 7'3 miles;
Wilkesbarre and Harvey's Lake RR., Mill Hollow to Harvey's Lake, Pa., 13.46 miles— total length of miles owned
and leased, 175.13 miles ; 2d track, 98.58 ; sidinirs, 161.83— total track (steel. 394.13 miles). 435^54 miles. Gance,
4 ft. 8f in. Rail, 58 to 76 Ibs. History.— Chartered in 1867, and opened in 1869. It was built in the inter
the Lehigh Valley RR. Co., and forms' a northern outlet of that line.

Financial Staff- nu-nt, November 30, 1891.— Capital stock— (par, $100), $1,061.700 : funded debt (1st m<
7 p'-r cent, coupon or registered $1.000 bonds, dated June 1, 1866. interest June and December, due June 1, 1896,
$1.500,000 ; due June 1, 1906. $1,500.000 ; general mortgage 50-year bonds, due April 1. 1939, interest payable April
and October. 5 per cent., $4,000,000 ; 4 per cent., $3,000.000), $10.000,000 : North Branch Canal Co. bonds. $2.000.
The general mortgage bonds were issued in exchange for preferred stock and for arrearages, and to pay off first
mortgage bonds at maturity. Authorized issue, $10.000.000. Annual meeting, second Monday in January.
Trustees of bonds : l*t mortgage. Provident Life and Trust Co.; 2d Mortgage, Girard Life Insurance. Annuity
and Trust Co., Philadelphia. Pa.

ELILHA P. WILBUR, President. South Bethlehem, Pa.

Vicf- President— Charles Hartshorne. .Philadelphia, Pa. I M Vice- President— John B. Garrett.. .Philadelphia. Pa.

2 I Vice-President-RoberfH.. Sayre.So. Bethlehem, Pa. I Secretary— John R. Fanshawe

Treasurer — William C. Aldereon Philadelphia. Pa.

PRINCIPAL OFF AND ADDRESS 228 South Third Street, Philadelphia, Pa.

LINES OWNED OR LEASED BY THE PENNSYLVANIA AND NEW YORK CANAL AND RR. Co.

LOYALSOCK RAILROAD.— Bernice, Pa., to the end of track, including Thorndale branch
miles. Sidings, 6.91 miles. Road opened in summer of 1885. Extended 7.32 miles di ring the past year, and is
being still farther extended to a connection with the Harvey's Lake branch of the Lehigh Valley RR. Owned
and operated by the Lehigh Valley RR. Co. Capital stock, '$248,669. 49. representing cost of road, etc. At
meeting, second Monday in January. ELISHA P. WILBUR, frrxidcnt. Bethlehem. Pa. : John R. Fanshaw
retary and Treasurer. CORPORATE 'OFFICE, 228 South Third Street, Philadelphia, Pa.

STATE LINE AND SULLIVAN RAILROAD. -Monroeton. Pa,, to Bernice, Pa.. 24 miles.
Sidings, 4.11 miles. Chartered in 1864 as Sullivan and Erie Rli. Co. ; road opened in 1867. Sold under fo>
ure October 14, 1874 : reorganized undeV present name December 2. 1S74. Leased for 50 years from May 1. l"
the Pennsylvania and New York Canal and RR. Co.. at a rental of $3(1.000 per annum for the first three
and §40,000 per annum thereafter. The lease also contains certain stipulations concerning the rate to be ri
the lessor for the transportation of coal mined by if, the mines not being included in the agreement of lea-i
an agreement entered into with the bondholders of this company, ihe fate of interest payable on first mo,
bonds has been reduced from 7 to 6 per cent, after January 1 . l8f->9. and the bonds made non-redeemable nni i
uary 1, 1899. Capital stock (par, $50>, $983,550; funded debt, first mortgage 7 per cent. 10 and 20-year b
dated January 1, 1879, interest January and July, $300,000- total, $1,288,850. Contra: Cost of road. $725.000;
equipment real estate, mine equipment, etc., $563.8.50— total, $1.288,850. Stock and bonds listed on PhihuL
Stock Exchange. Annual meeting, third Wednesday in May. Books close for annual meeting sixty da\.« prior
thereto. J. RAYMOND CLAUHOKX, Prf-xiilent- ; O. A. Baldwin, s<-<-n-tary and Ti'taaiirtr, Philadelphia, Pa.
PORATE OFFICE, Philadelphia, Pa. '

•WAVERLY AND STATE LINE RAILROAD. — Penn. State Line to Junction. N. Y.. 1
W. RR., at Waverly. N. Y.. 0.40 mi'e. Total track, G.sr miles. Steel rails. 3.90 miles. Rail. M Ibs. chai
June 11, 1867 ; road opened January 26. 1875. and leased in perpetuity to the Pennsylvania and New York '
and RR. C'o. It is owned by that company. Rental, 1889, $600. Capital stock. $10,000 : advances by- let-
$54.398.05— total, representing cost of road, etc., $64.398.05. ELISHA P. Wii.Bm;. /'/•'*/»/<•///. Bethlehem,
John R. Fanshawe, Secret art/ ami Tr<-(tsni'i-r. Philadelphia, Pa. CORPORATE OFFICE, Philadelphia. Pa.

WILKESBARRE AND HARVEY'S LAKE RAILROAD.-7V^YrW Line of Jfoad : \
barre to Harvey's Lake, Pa., 15.5 miles. Completed: Mill Hollow to Harvey's Lake. Pa,. 13.46 miles. S
4.51 miles. Rail (steel), 67 Ibs. Leased to and operated by the Pennsylvania and New York Canal and I.'l:
Capital stock (par, $50), $127,000; unfunded debt. $45,000— total, $172,000, representing cost of road and equip
ment, ALBERT LKWIS, President; George W. Shonk, Secretary and Treasurer. CORPORATE OKU. i
mouth, Pa.

POOR'S MANUAL — LEHIGH VALLEY SYSTEM.

333

OTHER PROPERTIES CONTROLLED BY THE LEHIGH VALLEY lilt. Co.

LEHIGH VALLEY COAL CO. -Organized January 11, 1881. to mine and fell coal. In 1884. the
>erty of the Spring Mountain Coal Co. was purchased, and on June 1, 1884. 45,000 acres of land in Centre Co.,

known as the Snow Shoe property. Since then various additions have been made to the property, making
•tiinated total, at the present tune, of 100.000 acres. Owned entirely by the L. V. RR. Co.

Comparative statement of operations for the three years, 1889, 1890, and 1891, ending Novemoer 30 :

1891

1890

1889

Amount of coal shipped from collieries owned and oper'd by the Co.
Amount of coal shipped by tenants' of the company

Tong.

1,385.463
3,247. 632

Ton*.
1.464,509
2,499,562

Tons.
1.549,784
2,280,721

Totals

4.633.095

3.964,071

3,830505

•• It will be noticed that, notwithstanding the increase heretofore referred to of over 4,500,000 gross tons of
anthracite coal produced during the year 1891, the shipments from the collieries owned and operated .by the
Lehigh Valley Coal Company again fell off. whilst tho*e of tenants increased largely. The policy of surrender-
ing the coal company's tonnage for that of tenants and individual operaters is a costly one, sojnnch so that the
slurlit increase for the year in the price received for the coal at the mines was more than offset by the greater cost
of production due to operating the collieries at less than one-half time. The immediate remedy for thi- i? to
close down more of the coal company's mines and operate the remaining ones fuller time. Orders have been

¥'veii to that effect. The operations on the Snow Shoe property during 18'Jl have been comparatively satisfactory.
here were shipped from there during the year 110.367.2 tons of bituminous coal and 64.967.7 tons of coke. The
plant of 200 coke ovens at Sugar Camp mines was worked about three quarters time. The improvement accounts
for mines and ovens were reduced §13,263.49 during ihe year, which was included in the cost of coal and coke.''

Financial Statement.— Ftmfaa debt, Snow Shoe registered 5 per cent. $500 bonds, due January, 1910, interest

January and July. $500.000. Bonds are not guaranteed by the L. V. RR. Co. Trustee, Girard Life Insurance

Annuity and Trust Co.. Philadelphia. Pa. Directors : Charles Hartshorne, Otto Pardee, Israel W. Morris, Robert

H. Sayre. Wm. A. Ingham. James I. Blakslee. Officers : ELISHA P. WILBUR, President ; Charles Hartshorne,

•t'ulfnt ; John R. Fanshawe. secretary ; Israel W. Morris. 7>>v/.*»//vr ; Wm. C. Alderson, Asut. Sec. and

//vr, Philadelphia. Pa. GENERAL OFFICES, 228 South 3d Street, Philadelphia, Pa.

MOBBIS CANAL AND BANKING COMPANY. -Length of canal-Jersey City. N. J.. to
Phi Hip* burg, N. J.. a distance of 102.38 miles, with the following feeders : Lake Hopatcong, in Morris Co.. 0.5
mile, and Pompton feeder, in Passaic Co., 3.6 miles— making a total length, including feeders, of 106.48 miles.
Leased April 1, 1871. to the Lehigh Vy. RR. Co. for 999 years, the lessee assuming bonds and paying 10 per cent,
per annum on preferred stock a^d 4 per cent, on consolidated stock. In 1889 the Lehigh Vy. RR". Co. ceased oper-
ating the canal, and it is now used to supply water to the citv of Newark, X. J., the city having the privilege at

anyumeto ^ L ' °* - ----- - ~ '- - -' —

ariteed.
cent. SI .000

Dividends on stock payable February and August, and interest on bonds April and October, at the office of
; the Lehigh Valley RR. Co., Philadelphia, Pa.

Directors.— 1st doss : P. C. Hollis. W. C. Alderson, Wm. Hogencamp : 3d class : John S. Irick. Robert H.
Sayre. James I. Blakslee. John Taylor, John Hood ; M class : Elisha P. Wilbur, Wm. H. Sayre, E. Y. Hartshorne,
Edirar Cope, Wm. S. Taylor ; 4th class : Thomas N. McCarter. Charles Hartshorne. J. B. Garrett, Henry S. Drink-
::. H. Wilbur; 5th class: Jacob F.Randolph. John R. Fanshawe. Wm. Patton, Robert A. Lamberton. H.
Stanley Goodwin. Officers : JACOB F. RANDOLPH, President ; Charles Hartshorne, Vice- President : J. R. Fan-
shawe. Secretary; "W . C. Alderson, TrwuMner, Philadelphia. Pa. GENTSRAL OFFICE. 228 South Third Street,
Philadelphia, Pa.

Board of Directors, Lehigh Valley RR. Co., elected January 19, 1892.
E. P. Wilbur . . ..So. Bethlehem, Pa. ! John R. Fell Philadelphia, Pa.

......

Chas. Hartehorne.. Philadelphia, Pa. ! Wm. L.Conyngham.Wilkesbarre.Pa
Calvin Pardee
John B. Garrett

Wm. A. Ingham. . .Philadelphia. Pa.
Robert H. Sayre. So. Bethlehem. Pa!
* Ario Pardee .......... Hazleton. Pa. i Robert A. Lamberton,

" | Jas. I. Blakslee. .Mauch Chunk. Pa. ! Charles O. Skeer Mauch Chunk Pa
Geo. C. Thomas ....................... Philadelphia. Pa.

E. P. WILBUR, President ......................... South Betblehem, Pa.

fifc'rti'— Charles Hartshorne. .Philadelphia, Pa.
Vice-President — Robert H. Sayre ..... Bethlehem. Pa.
Vice-President-^fohn B. Garrett. . .Philadelphia. Pa.

.Philadelphia, Pa.

Secretary—John R. Fanshawe.

Trfaxitrtr— W. C. Alderson

Comptroller— Isa&c McQuilkin

PRINCIPAL OFFICE AND ADDRESS. . .No. 228 South Third Street, Philadelphia, Pa.

LEXINGTON TERMINAL RAILROAD COMPANY.

Main Line of Road. — Lexington, Ga., to Crawford, Ga 4.0

Branch : To Granite Quarry 0.5 — 4.5 miles.

1 Sidings, 0.5 mile. Gauge, 4 ft. 8i in. Rail (steel), 36 Ibs.

Rolling Stock. — Locomotive engine, 1. Cars — passenger, 1 ; baggage, etc., 1 ; other, 1.
Operations for year ending June 30, 1891. — Train mileage and traffic statistics not

334 POOR'S MANUAL OF RAILROADS.

reported. Earnings— passenger, $280; freight, $60; other, $2.21— total, $935.21. Operat-
ing expenses, $914.21. Net earnings, $21.

Financial Statement. — Not furnished.

Annual meeting, third week in August, at Lexington, Ga.

Directors (elected August, 1891).— J. J. Smith, R. J. Willingham, J. T. M. Haire, Edgar
Maxwell, Thos. B. Moss. Lexington, Ga.

W. M. HOWARD, President Lexington, Ga.

Secretary— T . G. Lester Lexington, Ga. | Treasurer— Geo. C. Smith Lexington, Ga.

PRINCIPAL OFFICE AND ADDRESS Lexington, Ga.

LIGONIER VALLEY RAILROAD COMPANY.

Line of Road. — Latrobe, Pa., to Ligonier, Pa 10.5 miles.

Sidings, 3.78 miles. Gauge, 4 fr. 9 in. Rail (steel), 56 Ibs.

History. — Chartered April 15, 1853 ; supplementary charter, May 2, 1871. Change of
name to present and r»ad opened November 17, 1877.

Rolling1 Stock, December 31. 1891. — Locomotive engines, 2. Cars — passenger, 5; freight
(box, 2; platform, 8), 10; other, 2 — total cars, 17.

Operations for year ending December 31, 1891. — Train mileage— passenger, 14,893 ;
freight, 4,572; mixed, 9,110— total, 28,575 miles. Passengers carried, 219,094; carried one
mile. 1,405,891 ; average mile rate, 2 cents. Tons freight moved, 130,091 ; moved one mile
678,048 ; average ton-mile rate, 3.46 cents.

Earnings.- Passenger $28,144 25

Freight 23,496 39

Mail 460 84

Miscellaneous... 6050

Total ($4,967.80 per mile) $52,161 98

Expenses.— Transportation $12,809 86

Motive Power and Cars 1,501 83

Maintenance Way and Buildings. 10,280 89
General 9,16241

Total ($3,214.76 per mile) $33.754 99

Net earnings (35.29 per cent.), $18,406.99. Payments : Interest on bonds, $3,750 ; divi-
dends on stock, $9,600; taxes, $1,215.08— total, $14,565.08. Balance, surplus, $3,841.91,
which was expended on construction.

Financial Statement, January 1, 1892.— Capital stock (par, $50), $160,000 ; funded debt
(1st mortgage 5 per cent. $1,000 coupon bonds, dated October 1, 1887, due April 1, 1907;
interest payable April and October), $75,000 ; profit and loss, $32,408.99— total, $267,408.99.
Contra : Cost of road, equipment, and real estate, $266,784.37 ; cash on hand, $624.02 —
total, $267,408.99.

Annual meeting, second Monday in January, at Ligonier, Pa. ; books close 60 days pre-
viously, and the same period before dividend payment-. Interest and dividends payable at
office of T. Mellon & Sons, Pittsburgh, Pa. Dividends payable annually in January. Vot-
ing power attaches to stock on sixty days' ownership. Trustee of bonds, Fidelity Title and
Trust Co., Pittsburgh, Pa. Registrar of stock, A. W. Mellon.

Directors (elected January 12, 1891).— Thos. Mellon, T. A. Mellon, J. R. Mellon, R. B.
Mellon, A. W". Mellon, W. S. Mitchell, Pittsburgh, Pa. ; George Senft, Ligonier, Pa.

THOMAS MELLON, President Pittsburgh, Pa.

Treasurer— R. B. Mellon Pittsburgh, Pa. | General Manager— T. A. Mellon Pittsburgh. Pa.

PKINCIPAL AND TRANSFER OFFICES Pittsburgh, Pa.

Operating Office Ligonier, Pa.

LITTLE BOOK CLIFF RAILWAY COMPANY.

Line of Road. — Grand Junction, Col., to Little Book Cliff coal mines 11 miles.

Gauge, 3 ft. Rail (steel), 30 Ibs.

History.— Chartered September 11, 1889; road built in 1890.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 3 ; freight, 20 ; other, 5.

Operation . — No statement of operations furnished ; road but recently opened.

POOR'S MANUAL OF RAILROADS. 335

Financial Statement, January 1, 1892,— Capital stock (par, $100) authorized, $200,000 ;
subscribed and paid in, $100,000 ; funded debt authorized and issued (1st mortgage 6 per
cent. '.20-year bocds, dated October 1, 1890, interest payable April and October, $100,000. No
bonds yet sold. Cost of road and equipment, $100,000. Interest on bonds payable at the
ortict- of the trustee. Annual meeting, first Monday in November. It is proposed to cancel
tbe present issue of bonds, 'and to issue new 20-year 8 per cent, gold bonds, of which the
State Trust Co., of New York, trustee.

Directors. — W. T. Carpenter, N. N. Smith, Orson Adam?, W. J. Quinu, Thomas Sand-
ford, Grand Junction, Col.

W. T. CARPENTER, President and General Manager. . .Grand Junction, Col.
*i(lent—'S. N. Smith Grand Junction. Col. | Secretary— W. J. Quinn Grand Junction, Col.

PRINCIPAL OFFICE AND ADDRESS Grand Junction, Col.

LITTLE SAWMILL RUN RAILROAD COMPANY.

Line of Road.— Pittsburgh, Pa., to Bauksville, Pa 3 miles.

-S, 1.50. Gauge, 4 ft. 8£ in. Kail (steel, 4 mile*), 56 Ibs.

History. — Chartered April 15, 1850 : road opened April 1, 1853.

Rolling: Stock, June 30, 1891. — Locomotive engines, 4. Cars— passenger, 1 ; freight, 298*
other. 4— total cars, 303. The company also leases 18 other cars.

Operations for year ending June 30, 1891. — Train mileage — passenger, 6,573 ; freight,
7,200 ; mixed, 6,573— total, 20,346 miles. Passengers carried, 50,724 ; carried one mile,
152.17-3. Tons freight moved, 260,488 ; moved one mile, 781,464. Earnings— passenger,
£8,981.86 ; freight, $49,855.77 ; other, $3,643.81— total, $57,481.44. Operating expenses,
£31,064.31. Net earnings, $10,280.84. Add other receipts, $4,547.88. Available revenue,
<14.*2\72. Paid interest, $10,710; dividends, $4,331.25— total, $15,041.25. Balance,
ileficit, $212.53.

Financial Statement, June 30, 1891. — Capital stock (par, $50), $144,375; funded debt
list mortgage 6 per cent 20-year $500 and $1,000 coupon bonds, due 1902), $178,500 ; accrued
interest on bonds not yet due, $3,624 ; profit and loss, $101,174.32— total, $427,673.32.
"ontrti : Construction, $194,709.46 ; equipment, $159,637.14 ; stocks owned, $50,000 ; current
.ccounts. §23,326.72— total, $427,673.32.

. Interest ou bonds payable March and September, at Pittsburgh, Pa. Annual meeting,
ourth Saturday in May ; books close fifteen days previously. Books close for dividends 15
lays before payment of same. Henry Hice, trustee of bonds ; Charles S. Fetterman, regis-
irar of stock. Voting power attaches to stock after 15 days' ownership.

Directors (elected May 29, 1891).— Jacob Henrici, C. S. Fettermau, Pittsburgh, Pa. ;
jienry Hice, Beaver, Pa. ; John R. Neeld, Banksville, Pa. ; Edwin H. Stowe, Sewickley, Pa. ;
i'ohn Duss, Economy. Pa.

JOHN HAWOKTH. President Pittsburgh, Pa.

tertiary— Charles S. Fetterman Pittsburgh, Pa. I Treasurer— Jacob Heurici Economy, Pa.

PRINCIPAL OFFICE AND ADDRESS Pittsburgh, Pa.

LONG ISLAND RAILROAD COMPANY.

{Long Island City to Greenport, N. Y 94.62
Bushwick to Sag Harbor, X. Y 96.95
Long Island City to Great Neck, N. Y 13.99—205.56 miles.

Branches and leased lines, as per statement following 155.71 miles.

Total lengtb of all lines owned and leased, June 30, 1891 361.27 miles.

cl track (owned, 47.94; leased, 29.22), 77.16 miles : ridings (owned, 68.21 ; leased, 16.39),
4.60 miles. Steel rails (owned, 319.33 ; leased, 97.79), 417.12 miles. Gauge, 4 ft. 8| in.'
'.ail— iron, 50 and 56 Ibs. ; steel, 56 and 70 Ibs. per yard.

336

POOR'S MANUAL — LONG ISLAND RR. CO.

Statement of owned and leased lines, etc., June 30, 1891

NAME OP ROA.D.

FROM.

To.

Main
Line.

2d
Track

Sid-
ings.

Total
Track

Steel
Rails.

M.

110.41
116.41
21.78

Loi

I
B

a

Ne

Ste

Sm

N.

Br

ig Island RR.— Main Lines.. -|
Main Line "Owned

Long Island City
Bnsnwick
Long Island City

Greenport
Sag Harbor
Great Neck

M.
94.62
96.95
13.99

M.
15.79
19.46
7.73

M.

21.22

21.28
5.87

M.
131.63
187.69
27.59

205.56
1 91

42.98

48.37
.33
3.97
1.09
1.81

296.91
2.24

18.36
2.26
16.85
5.53
7.98
2 15

248.54
1.91
14.39
1.17

15.04
5.53

7.87

' Creedmoor Branch
Locust Valley Branch

Floral Park

Creedmoor

Mineola

Min cola.

Oyster Bay

14 39

Hempstead Branch
Northport Branch
Eastport Branch.

Hempstead Crossing .
Old Northport
Eastport Junction

1.17
15.04
5 53

Hicksville
Manor

Central Extension Branch
Cedarhurst Branch

Bethpage Junction . . .
Woodsburgh
Woodside
Whitestone Junction.
Winfield
N. Y. & F. Junction .
Valley Stream
PearsaU's
Long Island City

Babylon.

7.87
1 68

.11

.47

Cedarhurst

Woodside Branch

Bridge St., Flushing .
Whitestone Landing.
Main St., Flushing. ..
Bushwick Junction

3.99
4.78
3.97
1 63

"i'.S5

6.63

#

3.32
7.22
12.52
11.46

*

4.78
*

3.26
t5.13
7.13
4.58

Whitestone Branch
Newtown and Flushing Br. . . .
Hunter's Pt. & South Side RR.
Far Rockaway Branch
New York and Long Beach RR.
.New York and Flushing RR. .

Branches Owned

1 63

06

N. Y. &R. B. June...
Point Lookout
X. Y. & Flush. June.

7.10
10.30
2.29

"iloi

2.29

2.09
1.18
6.88

81.65

287.21
9.01
14.67

4.96
47.94
3.41

i!9.84
68.21
1.84
.81
1.07
1.78
3.03
2.12
.24
5.50

96.52
393.43
tlO.85
15.48
2.84
20.76
27.06
10.58
t2.18
24.66

70.79
319.33

8.81
14.67
1.77
18.98
24.03
s.-lti
tl.94
19.16

97.79
417.12

Total length of RR. Owned

w York and Rockaway RR
wart Line j

Rockaway Junction . .
Floral Park
Garden City
Northport Junction .
Fresh Pond Junction
Bay Ridge
Greenpoint
Jamaica

Far Rockaway
Bethpage

ithtown & Port Jefferson RR. .
Y., B'klyn & Man. Beach Ry. .
Bay Ridge Branch

Port Jefferson
Manhattan Beach
\1 anhattan Beach Jc. .
Cooper Avenue Juuct.
Flafbush Ave.

18.98
12.03
4.23

3.79
9.58

'12'. 66

4.23

"9!58

Greenpoint Branch

soklyn & Jamaica RR
Total length of RR leased

74.06

29.22

16.39

114.41

Aggregate of all Lines

361.27

77.16

84.60

507.84

* Not used, t Part not used.

History. — Chartered April 24, 1834, and main line from Jamaica to Greenport opened
July 19, 1844. The other lines were added from time to time by consolidations and other-
wise, as shown in tlie MANUALS for 1888 and subsequent years. Regular train service to Bos-
ton by transfer steamers across the sound andvia the Housatonic RR. to Hawleyville, Ct., aud
thence jria the New York and New England to Boston, went into effect September 21, 1891.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 141. Cars — passenger, 388 ; bag
gage, etc., 23 ; freight (box, 485 ; platform, 10 ; produce, 15 ; gondolas, 581 ; caboose, 19),
1,110 ; other cars. 45 — total cars, 1,566. Of this equipment, 19 locomotives, 89 passenger cars,
1 box, and 26 other cars are leased. The company also owns 1 steam lighter and 4 floats.

Operations for year ending June 30, 1891. — See tabulated statement below.

Earnings.— Passenger $2,406,262 21

Freight 1,213,831 75

Mail. 32,032 12

Express 379,626 80

Miscellaneous... 25,14574

Expenses.— Transportation $1,567,008 Ofi

Motive Power 11 -J

Maintenance of Cars 161. f

Maintenance Way & Buildings 40<i.!C,s i>.">

General and Taxes m.lT'ti 29

Total ($11,243.39 per mile) $4,061,898 62" Total ($7,364.34 per mile) S-j,liiii),r,lti 30

Net earnings (34.50 per cent.), $1,401,382.32. Add interest and dividends, $43,0."
miscellaneous receipts, $17,545. 21— total, income, $1,461,980.35. Payments: Inters
bonds, $528,043.31 ; on debt, $25,191.04; rentals, leased lines (details below), $175,58-.'
dividends on stock (4 per cent.), $480,000— total, $1,208,816.73. Surplus for year, $253.
62; surplus forward ($1,148,440.89, less written off to profit and loss, $262,812.84), £v-
628,01 — total, as per general balance sheet, $1,138,791.67.

Rentals Paid Leased Lines.— Stewart's Line, $10,000; Atlantic Ave. RR., $52,lo
New York, Brooklyn and Manhattan Beach Ry., $95,980; New York and Rockaway UK.,
$17,500— total, $175,582.38.

Dividends were paid quarterly (1 per cent, each) on August 1 and November 1, 1890,
and February 1 and May 1, 1891. Since the close of the fiscal year additional dividends hav
been paid as follows : August 1 and November 1, 1891, and February 1, 1892, 1| per cent.

POOR'S MANUAL — LONG ISLAND RR. CO.

337

Statement of operations, etc., for six years (1884-1889) ending September 30, and two
y.-iirs (1890-1891) ending June 30 :

1884

1885

1886

1887

1888

1889

1890

1891

M iles of RR. Operated
fer Tmin Miles. . . .
Freight Train Miles

348.21
1,713,560
814,661

340.64
1,995,756

303.4r>2
28,222

341.42
2,052.573!
311,792
31,522

347.51

2.-,K4.'.»:W
311.42S
34,822

343.30
2,485,091
311,553
44.362

357.91
2,641.325
319.293
50,559

360.94 ! 361.27
2,574,164' 2,600,803
319,699; 406.730
53,313 49,169

Other Train Miles

Total Train Mile*
Passenger Carried ,
Passengers CarriedOne Mile
Tons of Freight Moved
Tons Moved One Mile

Passenger Earnings ....

2,028,221
9,326,747
100.602.438
448,968
19,777,768
$
1,760,897
720,630
276,005

2,327,230
10,057,713
106562.405
454,560
20,230,510

1,807,282
727,913
291,284

2,395,887! 2,631,202! 2,841,006
10,458,8961 11.900,022, 12.234.083
110,437,195 118,949.623 120,793,994
499.292 523,21s 60T.790
21,642,303 22.102,625 24,915.273

$ 8 8'
1,878,4471 2.020.4781 2.072.186
798,817 834.748 964,334
317,508 342,581 366,776

3,011,177
12,568,978
122.091.372
622.973
26,410,117

2,125,084
972.20H
380,698

2.947,176 3,056,702

13.139.69] !; .-.
127.994,962138,981.813
686.940; 780.751
30,386,250, 32,464,294

2.2T2.724 2.406.262
1.1.70.871 1,218,832
402.174 436.805

Freight Earnings
Miscellaneous

Gross Traffic Earnii ._
Expenses and Taxes

2,756.232
1,859,505

2,826,479
1,856,351

2,994,772
1.872,326

3,197,807
1,947,405

! 3,403,296
2,285,698

3,477,9*8 3.13-5.769
2,277.869 2.404,130

4,061,899
2.660.517

Net Traffic Earnings
Miscellaneous Receipts

Available Revenue

896,727

970.128
136,924

122,446
119,097

1,250.402 1,117,598
132,450! 192,739

1,200,119
96.437

1.296,556
254,024
438.065
(4) 440.000

1,281,639
58,709

1,401,382
60,598

1,461,980
! 175,582
553.234
(4) 480,000

896,727

287,698
190.877
(4) 400.000

1,107,052
297,560
344.846
(4) 400,000

1,241,543 1.382.852 1,310,337
304,063 412.371i 385,093
352,276 335.6451 344.497
(4) 400,000 1 (4) 400,000 (4) 400,000

1,340,348
172,645
523,277
(4) 480,000

Le&se Rentals

Interest and Sinking Fund.
Dividends

Total

878,575
18,152

7,915 04
5,340 18
2.574 86
67.47 p. c.
1.750C.
3.640C.

10,000,000
5,712.081

177.940

1,042,406
64,646

8,29755
5,449 60
2,847 95
65. 68 p. c.
1.700c.
3.600C.

10,000.000
j 5,513,206
221,941

1,056,339

185,204

8.771 52
5.483 94
3,28758
59.72 p. c.
1.700c.
3.690C.

10,000,000
5,493.206
342,735

1,148,016 1,129.590
234,836 180,747

9,202 06 i 9,913 47
5,603 88 6.658 02
3.598 18i 3.255 45
60. 90 p. c.,67.16p. c.
1.699C. 1.715C.
3.777C. i 3.870c.
$ $
10.000.000 10,000.000
5,463,206 6,248,703
361,288 478,188

1,132,089
164,467

9,717 49
6.364 36
3,353 13
65. 50 p. c.
1.740C.
3.513 c.

12.000.000
9,815,703
336,690

1,175.922
164,426

10.211 58
6.660 75
3.550 83
65. 23 p. c.
1.728C.
3.524c.
S
12,000,000
9.820.702
404,511
106,211
1,148,441

1.208.816
253,164

.11,243 39
7.364 34
3.879 05
65. 50 p. c.
1.731C.
3.754c.

12.000,000
10.^5,403
526,189
107,270
1,138.792

Balance, Surplus

Gross Earnings per Mile . . .
Expenses and Taxes p. Mile
Net Earnings per Mile
Expenses to Earnings
Earnings per Pass, per Mile
Earnings per Ton per Mile

Capital Stock
Funded Debt

Current .Accounts

Other Liabilities

Profit and Loss

574,679 639,325

824,530

1,059,366 1,240,112

1,404,580

Total Liabilities
Road. Equipment & RealEs
Stocks and Bonds

Materials, etc

16.464,700
13,875,5*1
1,065,188
55,10*
1,468,8*1

1 16,374,4r2
! 14,087,959
1,121,683
59,115
1,105,715

16.660,471 16,883,8601 17,967,003
14,250,179 14,363.311' 15.010,864
1,121,683 1,115,183; 1.575.7i>9
39,485: 31,256, 29,130
1,249,124 1,374,110' 1,351,300

23,556,973
20,969,860
732,584
32,464

1,822.065

i 23.479.865
21,572.769
722,740
60.025
1, 124^331

24,157,654

22.292,288
714.026
58,776
1,092,564

Cash Assets

Total Assets

16.464,700 16,374,472

16,660,471

16,883,861

3! 17.967.00S

23,556,973

23,479,865

24,157,654

General Balance Sheet, June 30, 1891.

Cost of Road. Equipment, Real Es., etc. .$22,292.288 07

Stocks and Bonds 714,02630

Materials and Fuel (§58,775.66), and Cash. 127,848 29

Express Equipment 50,351 50

Current Accounts 973,139 62

Total Assets §24.157,653 78

Capital Stock (par, per share. $50) SI 2.000,000 00

Funded Debt 10.385,402 88

Current Accounts 526,1S9 23

Accrued Interest on Funded Debt 107,270 00

Profit and Loss 1,138,791 67

Total Liabilities $24,157,653 78

The details of the fufided debt ($10,385,402.88) were as follows on June 30. 1891

DESCRIPTION OF BONDS.

Date.

Interest.

Payable.

Outstanding.

Con sol. Mort., L. I. RR

Julyl. 1881

aD.

c

J..A..J.&0.|jnJv 1. 1981 !

$3,610,000 00

Fim Mortgage, Main Line

May 1 1868 ~ p

o

May & Nov

May 1, 1898'

1,121,000 00

Second Mo~rt'_rage, Main Line

Julv 15, 1878 7 i)

c

Feb. & Aug.

Aug. 1, 1918'

208,702 88

Real Est.-ite Mortgages

v arious.

5-7 p.

C.

Various.

Various.

241,700 00

General Mortgages L. I RR

Auf

1888

4p

p

•June & Dec.

June

1938

2,169 000 00

Brooklyn and Montauk, 1st Mortgage

MaV.

, 1881

6 p.

r

Mar. & Sept.

March

1911

250,00000

Brooklyn and Montauk, 1st Mortgage
Brooklvn and Montauk, 2d Mortgage

Mar.
Junel

,1881
, 1888

op.
5 p.

c.
c

Mar. & Sept. March
June & Dec. 1 June

1911
1938

750.00000
600,00000

Long Island Citv & Flushing. 1st Mortgage. May

, 1881

r,P.

c.

Mav & Nov.

May

19111

600,00000

Lonir Island Citv & Flushing. Consol. Mtg. May
New York and Flushing RR. 1st Mortgage. Mar.

,1887
, 1880

5 p.
6 p.

c.
c.

May & Nov.
Mar. & Sept.

May
March

1937
1920'

650,00000
125,00000

Guaranteed :

Smithtown * Port Jefferson. 1st Mortgage. Sept. 1, 1871
New York & Rockaway, 1st Mortgage * .... April 1, 1871

7 p.
7 p.

c.
c.

Mar. & Sept.
April & Oct.

Sept.
April

1901 i
1901

600,00000
250,00000

* Interest only guaranteed.

338 POOR'S MANUAL — LONG ISLAND SYSTEM.

The first mortgage main line bonds are secured on the portion of the main line from
Jamaica to Greenport, 84.32 miles, and on the brandies fronf Mineola to Hempstead, from
Hicksville to Northport, and from Manor to Sag Harbor ; in all, 135.9 miles. They are $500
coupon bonds ; principal and interest payable at the company's New York agency. There is
a sinking fund sufficient to retire the bonds at maturity. Trustees, James M. Waterbury
and W. F. Havemeyer.

Ike first consolidated mortgage bonds are secured on the entire property of the company,
subject, to the lien of the l.st mortgage bonds on the 135.9 miles of railroad noted above.
They a'-e also secured on the terminal property at Long Island City and Brooklyn, and on all
leasehold interest in leased lines. The trustee holds a sufficient amount of the bonds to re-
tire the firt-t and second mortgage bonds. The bonds are in coupon form for $1,000 each.
Trustee, Central Trust Co. of New York. Interest payable at the Corbin Banking Co., 192
Broadway, N. Y., and at the office of Robert Benson & Co., 4 Bishopsgate Street, London, E. C.

The general mortgage bonds were issued to provide means for building the extension to
Oyster Bay, for new rolling stock and improvements. They are $1.000 bonds, in coupon
form, subject to successive registrations at the transfer pffice in New York. Principal and
interest payable at the Oorbin Banking Co., 192 Broadway, New Yoik.

The Brooklyn and Montauk first mortgage bonds are secured on the road from Brooklyn
to Eastport, and branches from Valley Stream to Rockaway Beach, and from Fresh Pond to
the junction with the New York and Flushing RR. ; in all, about 77 miles. The bonds were
originally 6 per cents., but after $250,000 of them (1 to 250) had been issued, the rate was re-
duced to 5 per cent. The 6 per cent, bonds are guaranteed, principal and interest, by the
Long Island RR. Co., and the guarantee is endorsed on each bond ; and a smilar guarantee
as to interest is endorsed on the 5 per cent, bonds. The bonds are for $1,000 each, in coupon
form. Trustee, Central Trust Co. of New York.

The Smithtown and Port Jefferson bonds are secured on the line from a junction with the
L. I. RR. near Northport to Port Jefferson, 20 miles. The bonds are for $500 each, in
coupon form ; principal and interest guaranteed by the Long Island RR. Co., and payable at
the Corbin Banking Co., New York.

Capital stock and all of the bonds described in the foregoing notes are listed on the New
York Stock Exchange ; the consolidated mortgage bonds are also listed in London. Annual
meeting, second Tuesday in April, at Long Island City, N. Y. Transfer books close thirty
days before annual meeting, and fifteen days before payment of dividends. Fifty-two pay-
ments were made to the close of the last fiscal year. Registrar of stock, D. S. Voorhees, 192
Broadway, N. Y.

RAILROADS LEASED OR OWNED BY THE LONG ISLAND RR. Co.

BROOKLYN AND JAMAICA RAILROAD.— Brooklyn (Flatbush Avenue) to Jamaica, L. I., 9.58
miles. It is leased of the Atlantic Avenue (horse) RR- r!O., which see. Rental in 1890-91, $52,102.38.

GLENDALE AND EAST RIVER RAILROAD.— Greenpoint, N. Y., to Cooper Avenue, Brook
lyn, 3.79 miles ; total track (steel), 4.86 miles. This road was constructed and is leased by the N. Y., B. & .M. B.
Ry. Co.; rental of $1 per annum. Capital stock paid in, $7,460 ; unfunded debt, $176,626.39— total, $184,086.89.
Contra: Construction, $176,626.39 ; discount, $7,460. AUSTIN COKBIN, President; D. S. Voorhees, Acting Sec-
retary ; Wm. G. Wheeler, Treasurer, 192 Broadway, New York City.

NEW YORK AND FLUSHING RAILROAD.— Long Island City to N. Y. and Flushing Junction,
N. Y., 2.29 miles. Chartered in 1852 as the Flushing RR. Co. Road opened from Hunter's Point, to Flushing,
N. Y., 7.80 miles, in 1854. Sold under foreclosure in 1859, and reorganized as the New York and Flushing KK,
Co. (See MANUAL for 1884, page 143.) This road is owned by the Long Island RR. Co., which assumed the out-
standing bonds ($125,000). (See bond statement above.)

NEW YORK AND LONG BEACH RAILROAD.-Pearsall's to Point Look Out, L. L, 10.30
miles. Chartered Februarys, 1880. Operated by Long Island RR. Co. The stock andbbonds are owned by that
company. Capital stock, $391,000 ; funded debt, 1st mortgage 6 per cent. 30-year bonds, due I'.ilO, $200,000—
total, $591,900. Cost of road aud equipment, $591,900. J. ROGERS MAXWELL, President ; Edward E. Sprague,
Secretary, New York, N. Y.

NEW YORK BROOKLYN AND MANHATTAN BEACH RAILWAY.— Mileage, as per

statement on page 336, 20.05 miles. Consolidation August 27, 1885, of the New York, Bay Ridge and Jamaica
RR. Co., the New York and Manhattan Beach Ry. Co., and the Long Island City and Manhattan Beach RR. Co.
Leased to the Long Island RR. Co. from October 1 1885, at a guaranteed minimum rental of $95,980. This com-
pany owns 19 locomotive engines, 89 open excursion cars, one combined car, and one box car. Dividends are
payable by the Treasurer of the Long Island RR. Co., April and October, and interest by the Corbin Banking Co.,

POOR'S MANUAL OF RAILROADS. 339

192 Broad way. NVw York, (^rops income, year ending June 30, 1891, §110,300. Payments : Interest on bonds,
.10; general »'xpi-n<cs. $96.80; dividends on preferred stock <~> per ccur.), $32,500— total,
Jin.-Ji8.90. Balance, deficit for year, $918.90. General Hn/nnr,- sheet, June 30, 1891.— Capital stock (common,
$350,000 : preferred, $660,000), $1,000.000: funded debt, $1,367,000; open accounts. $^.i (37.84— total liabilities,
*-.»3t;(.t 037.84. ('ontnt • Cost <>f road. §1,587,167.09; of equipment, $816,480.64 : stock of other companies owned,
I : op.'ii accounts, <ti.» miti : profit and loss, $8.779.35- total assets, 32,309,037.84. The funded debt con-
to.OfXi of New York and .Manhattan Beach Ky. 7 per cent. 1st mortgage $500 and §1.000 20-year

.

sijsrs Of ^rxto.OfXi of New York and .Manhattan Beach Ky. 7 per cent. 1st mortgage $500 and §1.000 20-year bonds,
due January 1. iv.i7. and >si7.<KH) (authorized, $2,000,000) New York. Brooklyn and Manhattan Beach Ry. first
bonaolidated mortgage 5 per cent. 50-year bonds, due October 1,1935. Interest on firsts, payable January and
July; on consols. April and October, at office of Corbin Banking Co., 192 Broadway, New York. WM. G.
WH'EKLKI:, Pn'^uhut tinil y/v '/,-'mr.' George S. Edgell, Vice-President ; D. S. Voorhees, Secretai-y, 192 Broad-
way. New York. N. Y.

NEW YORK AND ROCKAWAY RAILROAD.- -Kockaway Junction to Far Eockaway, 9.01
miles. Capital stock, SKU.OOO ; funded debt. 1st mortgage 7 per cent. 30-year bonds (interest guaranteed by les-
.-.0,000— total ($39,281.71 per mile). $350,000.

SMITHTOWN AND PORT JEFFERSON RAILROAD.-Northport to Port Jefferson. 18.98;
total track. 20.76 miles. Onrani/ed June 9, 1870, and road opened October 11, 1873. Capital stock (par, $25),
$200,000 ; funded debt, 1st mortgage 7 per cent. 30-year bonds (guaranteed by lessees), due September 1, 1901,
$600,000. Cost of road ($89,822.16 per mile). $666,621.06. JAMES M. BAYI.ES, I'rtt'nlt-nt. Stony Brook, L. I.;
James Clinton Smith. Treaxnrft; Smithtown Branch, L. L; Roswell W. Keene, 280 Broadway, New York City.
CORPORATE OFFICE. Smithtown Branch. N. Y.

STEWART RAILROAD. -Floral Park to Bethpage. 14.67. and branch, Garden City to Hempstead.
• 1.77— total, lti.44 miles. This line was built, by the late A. T. Stewart of New York City, and is now the property
of the Stewart estate. It was formerly leased to the Flushing, North Shore and Central RR. Co., but is now oper-
ated by the Long Island RR. Co. under lease of an annual rental of $10.000. On the 25th of February, 1884. the
lease was extended for a period of ten years, at a rental of $10.000 per annum. On the 9th of September, 1882,
Henry Hilton purchased for $10,450 the Southern Hempstead Branch RR., which was sold under foreclosure.
That line extends from Valley Stream r.o Hempstead, 5.37 miles. It is not at present operated. L. H. CCNLIFFE.
. Stewart Estate. Garden City, L. I.

Board of Directors, Long Island RR. Co., elected April 14, 1891.

Austin Corbin Babylon. L. I. ' Wm. B. Kendall . . Brooklyn, N. Y".

(''has. M. Pratt Brooklyn. N. Y. John P. Townsend. New York. N. Y.

James G. K. Duer. New York. N. Y'. Jas. D. Campbell. .Philadelphia, Pa.
Wm. G. Wheeler.. M " Daniel Lord New York. N. Y.

G. S. Edgell New York. N. Y'.

Benj. Norton

Frank L. Babbitt . Brooklyn. N. Y.
E. R. Reynolds.. . New York. N. Y.

W. B. Dickerman Mamaroneck, N. Y.

AUSTIN CORBIN, President 192 Broadway, New York, X. Y.

Charles M. Pratt, Vice-President. 192 Broadway, New York, N. Y.

Benjamin Norton, 2d Vice-President Long Island City, N. Y'.

:r€tary—E. B. Hinsdale New York. N. Y. Trtfi*><rer—G. S. Edgell New York. N. Y".

OPERATING OFFICE Long Island City . N. Y.

Executive and Transfer Office 192 Broadway, New Y'ork Citv.

LOS ANGELES TERMINAL RAILWAY COMPANY.

T5.,^ . *f w^« . ( Los Angeles, Cal.. to Pasadena, Cal . .10.2

Lines of Road : -, Log An°eles; Cal to Verdugo, Cal 8.2

i Leased : Pasadena RR. : Pasadena, Cal., to Altadena. Cal (j.O — 24.4 miles.

| Sidings, etc., 1.6 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History. — Consolidation. January 2, 1891, of the Los Angeles and Glendale and the Los
Angeles, Pasadena and Glendale RR. Cos. with the Los Angeles Terminal Co. Since the
close of the fiscal year the company has completed an additional 27 miles of road, from Los
Angeles to San Pedro.

Rolling* Stock, June 30, 1891 — Locomotive engines, 4. Cars — passenger. 17 ; freight
j (box, 36; platform, 79; coal, 40 ; caboose, 2), 157— total cars, 174. Since the close of the
fiscal year 4 engines have been added to the equipment.

Operations for year ending June 30, 1891. — Train mileage (passenger), 118,158 miles.
Passenger and freight statistics not reported. Earnings — passenger, $52,007.65 ; freight,
$3,416.95 ; other, $163.15— total, $55,587.75. Operating expenses— transportation, $9,649.76 ;
motive power, $28,085.16; cars, $6,509.71 ; way and buildings, $10,713.09; general, $12,-
098.01— total, $67,055.73. Deficit in operation, $11,467.98. Deduct other receipts, $10,465.36
—net deficit for year, $1,002.62.

Financial Statement, June 30, 1891.— Capital stock ($100 shares), $3,000,000 ; current
accounts, $3,965.89— total, $3,003,965.89. Contra : Cost of road, $655,602.39 ; rolling stock,

340 POOR'S MANUAL OF RAILROADS.

$38,432.90 ; construction accounts and material not separated, $2,307,860.29 ; cash, $1,067.69;
profit and loss, $1,002.62— total, $3,003,965.89.

An issue of $1,500,000 (1st mortgage bonds has been authorized, but not yet made.

Annual meeting-, second Tuesday in March, at Los Angeles, Gal.; transfer books close
ten days previously, and stock owned then, may be voted at the meeting.

Directors (elected March 8, 1892).— B. F. Hobart, George B. Leighton, St. Louis, Mo.;
W. H. Workman, Daniel McFarland, T. B. Burnett, Los Angeles, Cal.

GEORGE B. LEIGHTON, President St. Louis, Mo.

T. B. Burnett, Vice-Pres., Treas. and Gen. Man Los Angeles, Cal.

Sec. and Trans. Agt.—\Y. Wincup . .Los Angeles, Cal. | Auditor— T. K. Rule Los Angeles, Cal.

PRINCIPAL OFFICE AND ADDRESS Los Angeles, Cal.

LOUISIANA, ARKANSAS AND MISSOURI RAILROAD COMPANY.

Line of Road Projected. — Alexandria, La., to Brinkley, Ark 260 miles.

Rail (steel), 66 Ibs.

History, — Organized January 6, 1887. Work begun October 1, 1887, and at the close
of 1890 track was laid from Tripp Junction to Amburns, Ark., a distance of 5.5 miles. The
general offices will probably be located at Brinkley, Ark. Capital stock, $5,200,000.
Bonds not yet issued.

Directors (elected December 7, 1891).— fl. M. Hoyt, Charles 0. Thompson, Philip G. Hoyt,
Lewis Coon, New York, N. Y. ; Logan H. Roots, Little Rock, Ark. ; 0. M. Norman, H. H.
Myers, T. H. Jackson, Benj. H. Wilson, Brinkley, Ark.

HARLOW M. HOYT, President New York, N. Y.

Logan H. Roots, Vice- President Little Rock, Ark.

.Secretary— Philip G. Hoyt New York, N. Y. | Treasurer— Charles E. Kimball New York, N. Y.

NEW YORK OFFICE 41 and 43 Wall Street, New York City.

LOUISVILLE AND WADLEY RAILROAD COMPANY.

(Later information refused.)

Line of Road. — Louisville, Ga., to Wadley, Ga 10 miles.

Gauge, 4 ft. 8£ iu.

History. — Road opened in October, 1879. At Wadley connection is made with the Cen-
tral RR. of Georgia, and all through freight is carried in the cars of that company for a
nominal sum. The rolling stock owned is used solely for local business.

Rolling Stock. — Locomotive engine, 1. Cars — passenger, 2 ; freight (box, 1 ; platform,
1); 2— total cars, 4.

Operations for year ending September 30, 1889. — Earnings — passenger, $2,022.20 ;
freight, $5,876.58 ; mail, etc., $434.66— total, $8,333.44. Operating expenses, $8,143.80.
Net earnings, $189.64. This company has paid one dividend of 4 per cent. Surplus earn-
ings since opening of road, after payment of interest and sinking fund, have been applied
to reduction of floating debt.

Financial! State me i.-t. — Capital stock, $25,000; funded debt 1st mortgage 7 per cmt.
bonds, dated April 1, 1880, $29,000— total, $54,000. Cost of road, $55,000 ; equipment,
$3,000 ; real estate, $3,000— total, $61,000.

Directors (elected October 15, 1890).— W. L. Phillips, J. G. Cain, G. W. Warren, S. M.
Clark, G. H. Harrell, J. C. Little. F. A. Singerfield, Louisville, Ga.

J. C. LITTLE, President and General Manager Loui.sville, Ga.

• Treasurer— $. M. Clark Louisville, Ga. | Secretary— G. W. Warren Louisville, Qa.

PRINCIPAL OFFICE AND ADDRESS Louisville, Ga.

POOR'S MANUAL OF RAILROADS. 341

LOUISVILLE AND NASHVILLE RAILROAD COMPANY.

Lines of Road. — I. OWNED ABSOLUTELY OR THROUGH OWNERSHIP OF
THE ENTIRE CAPITAL STOCK.

Main Hem : Louisville, Ky., to Nashville, Term 185.23 miles.

Banhtoirn Branch : Bardstown Junction to Bardstown. Ky 17.37

Springfield Branch : Bardstown, Ky., to Springfield, Ky 20.07

Kno.n'ille Branch : Lebanon Junction to Jellico, Tenu 171.20

Cumberland Valley Branch : Corbin, Ky., to Norton, Va 116.38

Memphis Line : Memphis Junction to Memphis, Tenn 258.50

Ctarkscille and Princeton Div.: Clarksville, Tenn., to Princeton. Ky. 52.74

Henderson Division- : Edgefield Junction to Henderson, Ky 135.25

Mad hour ilk Branch : Madisonville, Ky.. to Providence. Ky 16.20

»la Division : Flomaton, Ala., to Pensacola. Flu 44.54

Putxacola and Atlantic RR.: Pensacola, Fla., to River June., Fla 160.28

, . , n. \Gulf June.. Ala., to Pine Anple. Ala.. . 35.61
Pensacola and >dma Da.: - Egcambia Junc.;Ala., to Repton,Ala.. 29.36

Cincinnati Division : Louisville. Ky.. to Newport, Ky 108.96

Lexington Branch : La Grange, Ky., to Lexington, Ky 67.00

Louisville, B. C. &We*tport Branch : Louisville, Ky., to Prospect, Ky. 11.36
Southeast and St. Louis Ry.: Mileage as per statement on page 348 '.208.00

Abtna.ma Mineral Ry.: Milt-age as per statement on page 347 125.89

Birmingham Mineral RR.: Mileage as per statement on page 347. . .101.84

Kentucky Central Ry.: Mileage as per statement on page 347 248.43

Mobile "/id Montgomery Ry.: Mobile. Ala., to Montgomery, Ala 178.51

3>?r Orleans and Mobile RR.: New Orleans, La., to Mobile, Ala 140.39

Pontchartrain RR.: Pontchartrain Junction to Milneburg, La 5.00—2,312.88 miles.

Total 27498. U miles.

II. LINES OVER WHICH THIS COMPANY RUNB ITS TRAINS, THE EARN-
INGS OF WHICH ACCRUE TO THIS COMPANY.

* i/- / r>r> t Bloctou. Ala., to Blocton Junction 7.91

Birmingham Mineral RR.: -, pjuey Woods t() Bk)cton Ala u 41_ 22>33 mi}es

III. OPERATED UNDER LEASE— EARNINGS IN Ex< ESS OF FIXED
CHARGES ACCRUING TO THIS COMPANY.

and Decatur RR.: Nashville, Tenn., to Decatur, Ala 119.09

RR.: Anchorage, Ky., to Slielbyville. Ky 19.10

'!le Ry. Transfer : East Louisville. Ky ,*to South Louisville . . . 4.13 — 142.32 miles.

IV. OPERATED FOU ACCOUNT So. & No. ALA. PiR. Co.

So. and JY0. RR.: New Decatur, Ala . to Montgomery, Ala 1^2.37

Witumpka Branch : Elmore. Ala., to Wetumpka, Ala 6.30 — 188.67 miles.

Total Louisville and Xashville System 72i«5l742 miles.

V. OPERATED UNDER LEASE FOR ACCOUNT OF THE VARIOUS COMPANIES.
Cumberland c(- <9/iiV><Sou. Div.): CumbTdifc ObioJc. to Grnensb'g, Ky. 30.90

Cumberland d- Ohio (Nor. Div.): Shelby ville to Bloornfield, Ky 26.72

Glasgow Branch ; Junction (90 m. s. w. Louisville) to Glasgow. Ky. . 10.50

Md.mnintJi < <''•< RR. : Gla<gow June, to Mammoth Cav<-. Ky 8.38

Elkton and Guthrie RR.: Elkton Junction. Ky.. to Elkton' Ky 10.92 — 87.42 miles.

VI. LINES OUTSIDE OF ITS OWN SYSTEM IN WHICH L. &: N. Co.

is INTERESTED AS OWXER OF MAJORITY OF STOCK.
Nashville. Chattanooga und St. Louis Ry. System (see GENERAL INDEX) 810.00

'•"/•',' and XashnlU Ry. (see page 349) 88.49

r''urence ami Sheffield Ry. '(see page 350) 93.91

Henderson Bridge and connecting track (see page 349) 10.06 — 1,002.46 miles.

VII. LINES IN WHICH THE COMPANY is INTERESTED AS JOINT

LESSEE WITH THE CENTRAL UK. OF GA.
(a RR. and dependencies (see page 249). 721.00 miles.

VIII. LINE OWNED BUT NOT OPERATED BY THE COMPANY.

Branch : Louisville, Ky.. to Cecilia Jc. (leased to C., O. & S. W. Ky. Co.) 46.00 miles.
Total length of all lines owned, operated, and controlled, June 30, 1891. ..4,708.30 miles.

342

POORS MANUAI — LOUISVILLE AND NASHVILLE RR. CO.

Siding on RR. owned and operated (I.) 377.14 miles, making total track 2,875.25 miles, of
which laid with steel, 2,145.52 miles. Sidings on leased roads (III. and V.), 26.07; total
track, 255.81 miles ; steel rails, 151.32 miles. Gauge, 4 ft. 9 in. Kail, 58 to 68 Ibs.

History, — Incorporated March 5, 1850, and main stem opened in November, 1859. Since
then it has, by extensions, leases, or otherwise, increased its system to 4,708.30 miles, of which
46 are leased to other companies (See MANUAL for 1890, page 370, and MANUAL for 1891,
page 290.)

During the past fiscal year the mileage was increased by the length (160.28 miles) of the
Pensacola and Atlantic RR., purchased at foreclosure sale May 4, 1891, and of the Kentucky
Central Ry., 248.43 miles, on February 1, 1891. The Alabama Mineral RR. was taken into
the system on January 1, 1891. The Cumberland Valley branch was extended 72.68 miles
to a connection with the Clinch Valley division of the Norfolk and Western in June, 1891,
and the Birmingham Mineral RR. was extended 5.62 miles.

Rolling' Stock, June 30, 1891. — Locomotive engines, 540. Cars — passenger, 288 ; parlor,
8 ; baggage, 73 ; postal, 16 ; express, 21 ; officer.-,' and pay, 10 ; freight (box, 6,487 : flat, 1,956 ;
caboose, 286 ; coke, 165 ; combination stock and box, 2 ; fruit, 1,119 ; furniture, 18 : gondola
[8-wh., 2,836; drop bottom, 1,438], 4,274; hopper, 1,326 ; oil, 45; refrigerator, 604; rack,
645; charcoal, 112, wood, 8) 17,067; boarding, 337; ditching, 10; pile-driver, 3; steam
shovel, 1 ; tool, 49 ; wrecking, 14; engine flat, 1— total cars, 17,878.

Operations for year ending June 30, 1891 (2,250.32 miles). — Train mileage— passenger,
4,452,257 ; freight, 8,001,1-18 ; mixed, 315,381— total, 12,768,756 miles. Passengers carried
5,276,618 ; carried one mile, 192,649,028 ; average mile rate, 2.45 cents. Tons freight moved,
9,960,916 ; moved one mile, 1,293,687,268 ; average ton-mile rate, 0.970 cent.

Ear n in trs. —Passenger $4,800,688 34

Freight 13,113,965 40

Mail 431,025 80

Express 427,42455

Miscellaneous . . . 447,624 53

Expenses.— Transportation $4,752,901 00

Motive Power 2,738,354 31

Maintenance of Cars 1,267,128 23

Maintenance of Way, etc 2,097 669 81

General.. . 1,202,391 24

Total ($8,541.33 per mile) $19,220,728 62 Total ($5,358.54 per mile) $12,058,444 59

Net earnings (37.26 per cent.), $7,162,284.03. Add other receipts : Income from invest-
ments, $657,216.85 ; profit on Georgia RR. lease, $60,058.18— total income, $7,880,159,06.
Payments : Interest, and rents, $4,207,629.40 ; taxes, $410,809.55 ; loss on Pensacola and
Atlantic RR,, $189,991.78 ; loss on Alabama Mineral RK., $15,501.92 : dividends (2£ percent,
each, January 7 and July 9, 1891), $2,400,000— total, $7,223,932.65. :>urplus, $656,226.41.

Profit and Loss Account, June 30, 1891.— Balance to debit, July 1, 1890, $1,255,482.57 ;
premium on bonds redeemed, $42,300; experimental surveys, $11,993.42 ; balance to credit,
June 30, 1891, $50,934.06— total, $1,360,710.05. Contra : Interest on bonds in sinking fund,
$18,535 ; donation and subscription, $60,000 ; increase in value of 19,876 shares Birmingham
Mineral RR. stock, $626,284; difference between actual cost of constructing Birmingham
Mineral RR. and bonds received, $74,631.27; Alabama Mineral RR. 1st mortgage bonds,
$550,000; premium on S. & N. Ala. RR. consol. bonds sold, $22,175; credits from various
sources, $9,084.78— total, $1,360,710.05.

Recapitulation of fixed charges against income for fiscal year, 1891-92 : Total in;
charges L. and N., $3,818,769 ; total interest and dividends guaranteed as rental, $1,164.
fixed rental, $15,000— total, $4,998,147. Subject to the following credits : Rent of Cecilia
Branch, $60,000 ; interest on company's bonds in treasury, $148,100— total, $208,100. Balan- <'.
$4,790.047. In the above the general interest account is not, reckoned, as the balance-* dur
this company, carrying interest, more than offset the amounts bearing interest which the
company owns.

Payments to be made on account of sinking funds, 1-891-92, $53">,505 ; guarantees for
outside companies, etc. — Georgia RH. lease, half rental, $300,000 ; Southern Division, Cum-
berland and Ohio RR. guaranteed interest, $21,000; Xashv., Flor. and Sheffield Ry., 1,'X'O
bonds, guaranteed interest, $96,000.

POOR'S MANUAL — LOUISVILLE AND NASHVILLE RR. CO.

343

v General Balance Sheet, June 30, 1891.

I.I.U'.II.ITIKS.

Capital Stock Issued. . . $47,893,820 00

Capital Stock Liability 106,180 00

Funded Debt isee detailed statement on page 345) $7»i.355,660

Less? Bonds, deposited to secure Adjustment and Unified Mortgage Bonds !Ui33,OW— 66,722,660 00

Bills Payable 3.294,574 05

Vouchers and Pay Rolls, including those for June. 1891 1.777,080 40

ImereM on Bonds due July 1 and August 1, and Unpresented Coupons . .. 809,91417

Dividends Unclaimed 37.501 48

Cash Dividend. No. 34 payable August 1, 1891 1.200.000 00

Due Sundry Railroads and Persons 756,068 76

Income Account— Surplus from Operations for year ended June 30. 1891 656.226 41

Profit and Loss 50,934 06

Total Liabilities $123,304,959 33

ASSETS.

Road Fixtures and Equipment $88,157,236 96

Real Estate, Quarry and Timber Lands 654,093 24

Stocks and Bonds Owned. No. Par Values. Ledger Values.

10-40 Adjustment Bonds... 531 $531,00000 $519,27500

Unified 50-year 4 per cent, gold Mortgage Bonds 2,536 2,536,000 00 2,536.000 00

L., U. & Lex. Ry. Div. General Mortgage Bonds 50 50,000 00 50,000 00

•Sloss Iron and Steel Co. 1st Mortgage Bonds 43 43,00000 44,19325

Eureka Company, First Mortgage Bonds 29 29,000 00 29,000 00

Elkton and Guthrie RR. 1st Mortgage Bonds 50 25,000 00 25,000 00

Pensacola and Atlantic RR. Land Grant Bonds 906 906,000 00 906,000 00

L. & N. & M. & M. Ry. Trust Deed Bonds 267 267,000 00 267,000 00

Nashville Iron. Steel and Charcoal Co. 1st Mort. Bonds. 25 25,00000 25,00000

.5 per cent. 1st Mortgage Collateral Trust Bonds 318 318,000 00 316,476 81

Sundry Railroads and other Bonds 33,140 94 33,140 94

Nashville and Decatur RR. Co. Stock. 32.1?2 804,300 00 787,709 87

•Owensboro' and Nashville Ry. Co. Stock 613 61,300 00 15.214 28

Nashville. Florence and Sheff . Ry . Co. Stock 6 60000 60000

Birmingham Mineral RR. Co. Stock 4.550 455,000 00 159,250 00

Elkton and Guthrie RR. Co. Stock 691 17,27500 15,17500

Louisville. New Albany and Chicago Ry. Co. Stock 3.000 300,000 00 66,000 00

Mobile and Montgomery Ry. Co. Stock Ill 11,100 00 10,543 20

.South and North Alabama *RR. Co. Stock 148 14,800 00 15,183 56

Birmingham Rolling Mill Co. Stock 346 34,60000 34,60000

Kentucky Central Ry. Co. Stock 69,064 6,906,400 00 3,498,783 90

"Export Coal Company of Pensacola Stock 750 75,000 00 75,000 00

'Sundry Railroads and other Stocks 51,70797 43,82788— 9,472,97369

'Stocks and Bonds held in Trust $24,42190411

Less : L., C. & L. Ry. Stock in " Cost of Road " $3,070,959 75

Ala. Min. RR. Stocks and Bonds in " Cost of Road " 1,325,000 00

Lebanon-Knoxville Branch Bonds 1.500,00000

« Mobile and Montgomery Dirision Bonds 2,677,000 00

Pensacola and Senna Division Bonds 898.000 00

L., C. & St. L. Ry. General Mortgage Bonds ... 3,208,000 00

Pensacola and Atlantic RR.— 1st Mortgage Bonds 1,000,000 00

Bonds deposited as collateral for Georgia RR. lease 350,000 00— 14,02S,959 75

Jionds held by Trustee. Farmers' Loan and Trv*f Co. :

Birmingham Mineral RR. 1st Mortgage Bonds §3,929.000 00

Owensboro' and Nashville 1st Mortgage Bonds 1.200.000 00

South and North Alabama RR. Consol. Bonds 250.000 00

L. & N. RR.— Pensacola and Selma Division Bonds 350.00000— 5,729,00000

Bonds and Cash held by Trustees of Sinking Funds 466,434 99

Bonds Redeemed, L. & N. and S. & N. A. RR. Trust Deed Sinking Fund 40,000 00

South and North Alabama RR. Co 333,331 94

Nashville and Decatnr Ry. Co 901.026 85

Mobile and Montgomery Ry. Co 312.503 44

Northern Division Cumberland and Ohio RR. Co «. . ..... . . .... . . . '. . . ...'.'.'. '. '. 197^334 43

Southern Division Cumberland and Ohio RR. Co 91 039 87

Elkton and Guthrie RR .'.'.'.' 1,034 14

Nashville, Florence and Sheffield Ry Co .................... 28o!«49 23

Clarksville Mineral Branch 35-2.625 36

New and Old Decatur Belt and Terminal RR 47.077 08

Kentucky Central Ry. Co 6427873

Louisville Ry. Transfer Co .......'...I'.'.'.'.".'.'.".'.'.'. 7,88009

2,588,831 16

Materials and Supplies $1,482,59479

Sundry Accounts-Dues from Railroads, Agents. Individuals, etc. . . 1,850.879 76

Jills Receivable— Land and other Notes 1 545 021 46

lash .'.....'.".'.'..'.'.".'.'.".'. .'.'.'.'.'. 924.'348 92— 5,802,844 93

Total Assets $123,304,959 33

The item " Capital Stock Liability" in above balance sheet consists of original stock and
subsequent dividends unissued, $85,186.80 ; scrip issued on stock dividends, $20,993.20—
total, $106,180.

344

POOR'S MANUAL — LOUISVILLE AND NASHVILLE BR. co.

Statement of mileage, operations, capital account, etc., for seven years :

1885

1886

1887

1888

1889

1890

1891

Miles of Railroad Owned*
Miles of Railroad Leased
Miles of Railroad Operated . . .

Total

].()'.)(). 15
270.54
188.88

1,692.12
221.44

188.88

1,692.12
221.44
188.88

1,867.62
229.74
188.67

>,929.61
229.74
188.67

1,965.01
229.74
188.67

2,344.11
229.74
2 10. {'9

2,155.57

2.057.00
377
224
90
10,325
3,541,323
5,480,750
9,469,477
4.328,383
198.243,482
8.365,521
750,921,409

$

4.169,125
8,703.795
1,063,426

2,102.44
2,022.64
391
218
93
10,009
3,661,740
5,917,586
10,184,389
3,6<>5,351
143,474,451
8,942,102
802,372,695

3,494,832
8,655,8(50
1,026,326

2,102.44
2,022.64
389
207
92
10,827
3,565.580
6,565,819
10,511,798
3,972,678
161,244,624
11,257,812
952,134,512
$
3,859,525
10,254,483
966,576

2,286.03
2,027.00
413
221
91
11,499
3,849,004
6,931,435
11,073,173
4,167,916
173,292,336
12,172,010
997,094,252

4,224,413
11.081,650
1,054,178

2,348.02
2,161.64
449
242
96
14,069
4,105,268
6,971,132
11,423,860
4,S34,175
167,067,522
14,443,983
1,077,221,842

4,036,362
11,325,235

1,237,799

2,383.42 2,784.84
2,198.25 i 2,250.3*
480 540
239 296
98 110
15,710 17,047
4.380,300 4,4:.
7,825,190 8,1 K'
12,536,822 12!;
5,193,630 5.2;
191, 679,111 l 192,049,028
1 6,695,47 7i 17,270,880
1,250,836,794 1,293.687,268

'$

4,704,769 4.H
12,845,951 13.1
1. 295,284 1 1. 3M.07I;

Average Operated
Locomotives

Passenger Cars
Baggage, etc.. Cars.

Freight Cars
Passenger Train Miles
Freigh t Trai n M i 1 es .
Total Miles Run
Passengers Carried. .

Passenger Miles

Freight (tons) Moved

Freight Uon) Miles
Passenger Earnings.

Freight Earnings

Other Earnings

Gross Earnings
Operating Expenses. ^

13,986,346

8,182,255

13,177,018
8,213,295

15,080,584
9,047.953

,

16,360,241 16,599,396
10,267,535 10,326,086

18,846.004
11,419,092

19.22
12,05!

Net Earnings

5.754,001
6,747 95
3,961 83
2,786 12
58.71 p. c.
9.10 c.
1.16c.
$

30,000,000

4,963,723
5,891 47
3.711 20
2,180 21
62.99 p. c.
2.45c.
l.lOc.
$
30,000,000

6,033,531
7.455 89
4,472 89
2,983 00
60.00 p. c.
2.36 c.
1.04c.

30,000,000

6,092,706

8,071 16
5,0<i5 38
3,005 78
02.70 p. c.
2.41 c.
1.07 c.
$
31,518,000

6,273.310
7,679 07
4,778 38
2,90069
62.21 p. c.
2.38C.
1.01 c.
$
32,024,520
1,088,280
65,726.660
193,269
2,095,257
436,731
1,272,779

7,426,911
8,573 23
5,194 63
3.378 56
60.59 p. c.
2.42c.
0.98c.
S
46,989,020
1,010,980
57,643.910
683.229
3.013.368
414,734

7.162,284
8,541 33
5.358 54
3; 182 79-
62. 74 p. c.
2.45C.
0.97c.
$
47,8!
106,180
66. ; :-
3.294.574

. s.s:

707.160

Gross Earnings per Mile
Operating Expenses per Mile. .
Net Earnings per Mile

Expenses to Earnings
Av. Rate per Pass, per Mile. . .
Av. Rate per Ton per Mile

Capital Stock

Capital Stock Liability
Funded Debt. . .

62,808,314
189.279
1,094,944
499,433

61.556,254
41,229
1,606,262
501,530

61,999,596
377,71)6
1,691,510
429,211
535,911

64,046,660
474,229
1,857,241
429,806
1,508,956

Bills Payable
Dues and Accounts
Interest, July and August
Profit and Loss

Total Liabilities

93,705,275
68,433,991
5,683.445
50,000

9,527,878

94,591.970
67,930,874
6,255.452
50,000
9,527,878

95,034,024
70,710,532

7,921.582
50,000

9,527,878

99,834,892
72,104,199
9^094,366
50,000
9,527,878
2,500,000
474,092
744,597
1,218,018
615,500
663,591
465.842
2,162,822
213,987

102,837,496
73,730,905

7,481,718

109,755,241
77.790,155
7.974,686

123,304,959-
88. 1 E
9.472,974

Road and Outfit.

Stock and Bonds

Sinking Fund, L., C. & L. Ry.
Stocks and Bonds in Trur-t
Farmer8'Loan&TrustCo.,Trus.

9.527,878
4.439,000
522,434
673.458
1,089,429
933.938
771,908
607,938
2,003,676
719,645
295,570
40,000

9.527,878
4,920,000
558,249
728,763
1.282,871
5l,i:30
846.878
985,083
2.921,059
493,431
379,625
40,000
1,255,483

10.392.944
5.729,000

1.482,595
333,382
901,027
1.354,422
2.04-2,925

466,488
40,000

Real Estate, etc
Transportation Department. . .
Materials and Fuel.
South&North Alabama RR.Co.
Nashville & Decatur RR. Co. .
Other Companies
Bills, Accounts, etc.
Cash. .

689,941
617.876
726.624
1,733,805
603,250
1,567.792
2.004,920
404.714

598,746
550,144
926,262
2,071,723
618,148
635,979
2,236,319
303,976

434,816
617.511
1,044,803
178,432
632,140
456,452
2,084,737
1,375,141

BMs & Cash heldby Sk.FcKTr.
B1dsRed.,L.&N.andS.&N.RR.
Profit and Loss

Total Property and Assets.

' '2J479,84i

' '2,'d68'.664

94,591,970

93,705,275

95,034,024

99,834,892

102,837,496

109,755,241

123.:

The company since
No. 3. Aug., 1864—6 p. c.
No. 4. Feb., 1805-4 p. c.
No. 5. Aug., 1865—4 p. c.
No. 6. Feb., 1806—4 p. c.
No. 7. Aug., 1866—4 p. c.
No. 8. Feb., 1867— 4 p. c.
No. 9. Aug., 1867— 4 p. c.
No. 10. Feb., 1808— 4 p. c.
No. 11. Aug., 1868— 3 p. c.

* Including lines leuset

its organization has pa

No. 12. Feb., 1869—3 p. c.
No. 13. Aug., 1809— 4 p. c.
No. 14. Feb., 1870—3 p. c.
No. 15. Aug. 1870—4 p. c.
No. 16. Feb. 1871— 3 p. c.
No. 17. Aug 1871—4 p. c.
No. 18. Feb. 1872 -3 p. c.
No. 19. Aug 1872-4 p. c.
No. 20. Feb. 1873—3 p. c.

i to other corporations.

id cash dividends as fo

No. 21. Aug., 1873 — 4 p. c.
(No Dividends for 3£ yrs.)
No. 22. Aug., 1887— 11 p. c.
No. 23. Feb., 1878— H p. c.
No. 24. Aug., 1878— ij p. c.
No. 25. Feb., 1879— H p. c.
No. 26. Aug., 1879— 2j p. c.
No. 27. Feb., 1880—3 p. c.
No. 28. Aug., 1880—5 p. c.

lows :
No. 29. Feb., 1881—3 p. c.
No. 30. Aug., 1881
No. 31. Feb., 1882—3 p. c.
No. 37. Aug., 1S90
No. ;;s. Jan.. is'.n
No. 39. July, 1WM

Jjiviaenas JNOS. l ana X were stock dividends — JNo. 1 for 4 ot 1 per cent., payable January
1, 1882, and No. 2 for 10 per cent., payable April 1, 1864. There were also declared stock
dividends of 40 per cent., payable Feb. 10, 1868, and of 100 per cent,, payable Nov. 13, 1880.
Nos. 32 to 85 inclusive were stock dividends of 2£ per cent, each ; 36 and 37 were for '•'<
cent. each. No. 36 in stock, and the other 1^ per cent, in stock and 1-^ per cent, in cash.

POOR S MANUAL — LOUISVILLE AND NASHVILLE RR. CO.

345

The capital stock was Increased in February, 1890, by $13,000,000, making a to£l of

000, for the purpose of retiring the 6 per cent, collateral trust bonds of 1992, which

ere called for payment. At a meeting of the stockholders, held in July, 1891, it was voted

increase the capital stock to $00, 000, 000, and to accept this company's proportion of the

Iditional issue of Nashville, Chattanooga and St. Louis Ry. stock. Stockholders of record

i July 21 were offered the privilege of taking $4,800,000 of the $7,000,000 new stock at 70

;r rent, in proportion to their respective holdi:

Statement of funded debt ($(36,722,660) outstanding, June 30, 1891 :

CHARACTER OK BMND-.

ROAD MOUT«;AC;ED.

Date
of
B'ds.

Maturity of
Bonds.

Interest.
Rate per cent.,
ar.d When
Payable.

Amount
Afloat.

Annual
Charges

Termini.

Miles.

•

I

- >lidatedS. F. Mtg.

Main Stem & Branches. 453.13 1868

April

1

l^f-H

-

A

& O. 7,070,000

494.900

L'ns.,Leb.Br.Ext.

Lebauon-Knoxv. Br 170.80 1863

Oct. 15 1893 6

A

& O. 333.000

19.980

-a! Mortgage

(See below.)

1SSO

June

1

1930

1

J.

&D I1.62fi.n00

[tg..Louisv C.&L.

Louisv.ro N'p't & Lex'n 177. H

Jan.

1

1S97

7

J.

& J.

199.500

Mem.&O.RR..£

Memphis to Paris 129.77 1871

June

1901

7

J.

&D.

3.500.000

M.f.JcL. £433.800 Kentucky Line to Paris 82.25 1S72

Aug.

1902

1

F.

& A.

2,015,660

121.54-J

•uilian Br...

Louisville to Cecilia. . . . 46.00 1^77

March

1907

M

& S.

896,000

56.875

B.&N'hv.D.

Henderson to Nashville. 135.25 1879

Dec.

1919

I

J.

&D.

2.271,000

135.:iOO

.'%.. Pensacola Div.

Pensacola to Junction..

44.54 1880

March

1920

6

M

& S.

580.000, 34,800

: Louis Div.

£. St. Louis to Evansv. 161 .00* 1881

March

1921

6

M

& S.

3,500.000! 210,000

6. & M. Div.

Mobile to New Orleans. 141.00 1880

Jan.

19*3

6

J.

& J.

5,000;000

3<H") l»i)

in. & L. Rv.

Louisv. to N'p't & Lex'n 177.10 1877

Oct.

1907

A

&o.

898,000

62',440

0. A; M. DiV.

Mobile to New Orleans. 141.00 1880

Jan.

11-30

6

J.

& J.

1.000.000

60.000

2d Mtg.. St. Louis Div.
; Gcn.Mtg.,L..C.&L.Ry.

E. St. Louis to Evansv. 160 60, 1881
Louisv.to N'p't & Lex'n 17MO

March
Nov.

19SO
1931

3

6

i!!

& S.

3,000,000

50,000

90,000
3.000

' Ten-forty Adjust. Bds..

(See below.)

Nov. ISM

6

M

A-N!

4.531.000

271.860

; Collateral Trust Bonds.

cal'd M

-1 '<¥)

1 000

Atg. 5 p. c. Bonds..

(See below.)

1887

Mav 1037

"5

if

AN.

1.764.000

88,200

_'. Trust Gold Bds.
fd4p.c.GoldM.B'ds

(See below.1
(See below.)

.. ..

1888

IMHl

Nov.

Ju]y

1931
1940

5
4

M

J.

&ft.
& J.

5.129,000
8,784,000

256.450
351,360

P.AAU.RR. IstM.B'ds

Aug.

1

"'""

Q

& A!

12o',000

I

~i ^

66,722,660. 3,818>769

i

The 1st mortgage 5 per cent. 50-year gold bonds of 1937 are for $1,000 each, and are
coupon with privilege of registration. Trustee, United States Trust Company, New York.

The first mortgage trust gold bond* are secured by deposit, with the trustee, of $3,720,-
000 Birmingham Mineral RR. Co. first mortgage 5 per cent, bonds, and $1,200,000 Owensboro'
acd Nashville Ry. Co. first mortgage 6 per cent, bonds. The authorized issue is $7,000,000,
of which $4,920,000 are outstanding, and listed on the New York Stock Exchange. Trustees,
Farmers' Loan and Trust Company, New York.

Tht consolidated sinking fund bonds of 1868-1898 are a first lien upon the main stem
, and the Bardstown, Lebanon-Knoxville, Memphis and Richmond brancbes. They are $1,000
coupon bonds, principal and interest payable in New York. Listed on the New York Stock
;uge.

The bonds of the city of 2^»i.ixn!h>, issued in aid of the Lebanon branch extension, are
j for $1,000 each, principal and interest payable in Louisville, Ky. They are on the special

f the New York Stock Exchange.

Thv general mortgage bonds of 1930 are secured by mortgage upon the main line and the
Bardstown. Lebauou-Knoxville, Richmond and Memphis branches, subject to $9,716,000
prior liens, against which an equal amount of general mortgage bonds are set aside ; also
upon the line from Guthrie to Memphis, the Cecilian branch, the Henderson Division, and
the Providence branch, subject to prior mortgages. They are also secured by mortgage upon
all the property, franchises, etc., of the above lines, so that upon the cancellation of the
prior bonds they will become a first lien upon tbe 453.13 miles of main line and branches,
and a second lien upon the other lines above specified. Authorized issue, $20,000,000. The
*>nds are for $1,000 each, and are coupon with privilege of registration. Principal and
interest payable in gold, in New York City. Trustee, Central Trust Company, New York.
Listed on the New York Stock Exchange.

346

POOR'S MANUAL — LOUISVILLE AND NASHVILLE BR. CO.

tf unified 4 per cent, gold bonds are authorized in amount to $75,000,000, are dated
June 2, 1890, due July 1, 1940, interest January and July, at the company's office or agency
in New York City.. They are for $1,000 each. These bonds can be registered either as to
principal only, or may be converted into registered certificates in amounts of $5,000. They
are secured upon the company's main line and upon all its lines in the States of Kentucky
and Tennessee, including the Cincinnati Division, and further secured by a deposit with the
trustee of bonds and shares of the nominal amount of $23,808,100, including a majority of
the shares of all the important lines which the L. & N. RR. Co. controls by stock ownership,
on part of which securities, however, the $4,531,000 10-40 adjustment bonds (which can be
reedemed after Nov. 1, 1894) are already a lien.

Of the bonds there have been set aside to provide for the payment and extinction of
prior bonds $41,826,660, of which amount, $5,289,000 are owned by the company.

Under the provisions of the mortgage, the issue is limited in the first instance to $5,000,-
000 for the corporate purposes of the conpany, and restricts further issues of bonds. It is
also provided that bonds may be issued only in exchange for outstanding older liens or for
new construction or extension, or further property acquired, or for the distinct purposes t*et
forth specifically in the mortgage ; and also that none of the outstanding prior liens can be
extended, but must be replaced at maturity by the 4 per cent, unified bonds. Of the latter
there have been issued under the provisions of the mortgage $8,784,000.

During the past fiscal year the bonded debt was increased by the following new issues :
Collateral trust bonds, 5 per cent., $209,000 ; unified 50-year 4 per cent, gold bonds, $8,784,-
000 ; Pensacola and Atlantic RR. 1st mortgage bonds ($3,000,000, less deposited with Central
Trust Co., Trustee, $1,000,000), $2,000,000— total, $10,993,000. Deduct bonds redeemed
during the year, $448,000— net increase in funded debt, $10,545,000. The increase was for
the following purposes : Unified bonds — for the general purposes of the company and for
the purchase and completion of the Alabama Mineral RR., $5,000,000 ; for the construction
of the Cumberland Valley Branch, $1,774,000 ; for second tracks, $339,000 ; miscellaneous
betterments, such as side tracks, station buildings, ballast, equipment, and renewal of bridges,
$1,671,000 — total, $8,781,000. Collateral trust bonds — for constiuction and new equipment
of the Birmingham Mineral RR., $209,000 ; Pensacola and Atlantic 1st mortgage bonds
assumed on account of the purchase of the P. & A. RR., $2,000,000 — total increase, $10,993,-
000 ; less bonds redeemed, $448,000. Net increase, as above, $10,545,000.

Following are the obligations of the Louisville and Nashville RR. Co. on account of
leased roads, etc. :

Miles.

Names of Roads.

Mortgages.

Bonds Out-
standing.

Rate.

Inter
Charges

182.58
6.30

South and North Alabama
Wetumpka Branch

Sterling Mortgage
Second Mortgage.
Consol. Mortgage.
First Mortgage . . .
Stock Guaranteed
First Mortgage...

4,496,920
2,000,000
3,362,000
2,100,000
2.265,582
286,000

£6 Sterling
6 per cent.
5 per cent.
7 per cent.
6 per cent.
8 per cent.

120,000
168,100
147,000

22,880

119.09

Nashville and Decatur

4.13

Louisville Railway Transfer

312.10

$14,510,502
>

19.10
26.72
10.50
11.00

Shelby Railroad Fixed Annual Rental ....

$15,000

Northern Division Cumberland and Ohio, Rental— net earnings. .
Glasgow Railroad net earnings

Elkton and Guthrie — net earnings

67.32

Georgia Railroad lease— thi? company's one-ha]
Pensacola and Atlantic guaranteed interest
Southern Division, C. & O., guaranteed interes
Nashville, Florence and Sheffield, 1920 bonds, fc

f guaranteed renta

1

721.00
160.28
30.50
91.33

180,000
21,000
96,000

17,000

uaranteed interest

1,003.11

POOR'S MANUAL — LOUISVILLE AND NASHVILLE SYSTEM. 347

The New Orleans and Mobile Division 2d mortgage bonds were issued in place of $3,-
000,000 debenture scrip of the New Orleans, Mobile and Texas KR. retired in 1882. They
are for $1,000 each, and are coupon with privilege of registration. The ten-forty adjustment
bonds are secured bv a first mortgage on the main stein and the Bardstown, Lebanon-Knox-
ville, Memphis. Henderson and Madisonville branches, aggregating 783.29 miles ; on $9,633,-
000 bonds and $18,529,700 stocks of auxiliary companies, held by the trustee as collateral
security, and by lien on a large quantity of equipment acquired under car trust agreement in
1882. They are $1,000 gold coupon bonds with privilege of registration. Trustee, Central
Trus-t Co.. New York, N. Y.

Annual meeting, first Wednesday in October ; books cl< se ten days previously. Interest
and dividends payable in New York, N. Y., r.nd Louisville Ivy.; interest on sterling bonds at
office of Baring Bros. & Co., London, Eng. Books close for dividend payments ten days
previously. Stocks and bonds listed on the New York Stock Exchange. Registrars of
stock, National Bank of Commerce, New York, N. Y. , and Bank of Commerce, Louisville, Ky.

RAILROADS OWNED ABSOLUTELY OR THROUGH THE OWNERSHIP OF THE ENTIRE

CAPITAL STOCK.

ALABAMA MINERAL RAILROAD.— Attalla. Ala., to Calera, Ala., 120.70 miles; Shelby. Ala., to

:i Columbia. Ala.. 5.19— total length of lines, 125.89 miles. Sidings, 17.56 miles. Gauge, 4 ft. 9 in. Kail (steel,

'I 120.44 miles). 56 and 58} Ibs. Consolidation July 28, 1890. of the Anniston and Atlaiitic RE., extending from

Anniston to Sylacauga, 53 iniles. and the Annisfon and Cincinnati KR., extending from Anniston to Attalla, 35

miles. (For history of these companies see MANTAJ, for 1890, pat^es 444 and 445. t Extension from Sylacauga to

Calera was completed by the new company towards the close of 1890. The Shelby Iron Co/s RR. ^from Shelby

to Columbiana. Ala.. 5.19 miles) was purchased in 1890. Passed under the control of the Louisville and Nash-

ville RR. Co.. January 1, 1891. RolliiKj $t»ck.— Locomotive engines, 3. Cars— passenger, 5. baggage,!; freight

(box. 50 ; platform. 49 ; charcoal, 24), 123 ; caboose, 8 ; other, 127— total cars, 264.

'Operations for six months ending June 30, 1891.— Train mileage— passenger, 42,034 ; freight, 37,981 ; mixed,
19.971) ; other. 56.993— total, 156,984 miles. Passengers carried, 45,037 ; carried one mile, 840.921. Tons freight
moved, 152.025 ; moved one mile, 3,910,976. Earnings— passenger. S23.143.05 : fivight. $75.802 ; mail, $2.138.80 ;
express, $1,880.05; other, $4.398.58— total, $107,362.48. Operating expenses, $120.2:3.42. Deficit from operations,
$12.910.94. Miscellaneous payments, $2.590.98— tctal deficit for six months, $15,501.92. Financial Statement.—
Capital stock authorized. $2.000.000 ; subscribed. $1.369.000. Funded debt outstanding consists of $1,650,000-
(authorized. $3.150,000) 1st mortgage 4 percent. 50-year $1,000 gold bonds, due 1940, interest payable January
and July. Annual meeting, Thursday before the last Saturday in November, at Anniston, Ala. A. L. TYLER. SR.,.
President; J. K. Scott. Vice-President, Anniston, Ala.; J. H. Ellis, Secretary ; W. W. Thompson, Treasurer,
Louisville, Ky. PRINCIPAL OFFICE, Anniston, Ala.

BIRMINGHAM: MINERAL RAILRO AD. -Magella to Brickyard Y,8.02 ; Graces to Bessemer.
11.57: Sloes to MiKfCoda, 1.20; Blue Creek Junction to Blocton Junction, 27.08 ; Yolande to Brookwood, 9.01;
Chamhlee to Goethite, 3.65; Bessemer to Oneonta, 49.30 : Village Springs to Comptons, 4.05; Palmers to
Comptons, 4.30; spur— Oneonta to Champion, 3.50 ; Boyles to Triiosville, 17.14; Gate City to Graces, 10.28;
Helena (Tacoa) to Piney Woods, 10.04 ; sundry branches and spur. 2.70— total length of lines owned, June 30,
1891, 161.84 mile<. Sidings, 38.06 miles. Gauge, 4 ft. 9 in. Rail (steel, 159.49 miles), 58^ Ibs. Chartered March
19,1884: road opened June 1, 1884. Locomotive engines. 15. Cars — freight (box. 277 : coal. 1.000). 1.277. Oper-
ated by L. A: N. RR. Co. in connection with its South and North Alabama Division. Net income, 1890-91. $270,-
753.03. Paid interest, $186.589. 79; taxes, $19,012.02— total. $205,601.81. Surplus, $71,151.22. Fina/n-ia! Statement.
June 3d. 1891.— Capital stock. $2,427.600 ; funded debt (1st mortgage 5 per cent. 50-year $1.000 bonds, due Novem-
ber 1, 1937. interes-t May and November). $3,929.000 : unfunded debt. $938.12— total. $6.357.538.12. Contra: Cost
of road and equipment. $6.307.538.12; profit and loss. $50.000— total, $6,357,538.12. M. H. SMITH, President;
\V. \V. Thompson. Ttct." •>//>/•; J. H. Ellis, S^cfttarij. CORPORATE OFFICE, Birmingham, Ala.

CLARKSVILLE AND PRINCETON 'DIVISION.— Clarksville, Teun., to Princeton, Ky., 52.74
Organized in November, 1884, by the consolidation of the Indiana, Alabama and Texas (a consolidation
in 1883 of three companies of the same name organized in the States of Alabama, Tennessee, and Kentucky), the
Mobile. Clarksville and Evansville, and the Princeton and Ohio River RR. Cos., the projected line extending from
Mobile, Ala., to thu Green River in Kentucky, with a branch to Mt. Vernon, Ind. Construction was begun about,
the same time, and the road completed 30 miles in December, 1885. In August, 1886, it was purchased by Louis-
ville and Nashville RR. Co., and was extended 22.74 miles to Princeton. Ky.

KENTUCKY CENTRAL RAILWAY.— Covinirton to Livingston, Ky., 150.67 ; Maysville to Paris.
Ky.. 4'J.33 : Paris Junction to Lexington. Ky.. 18.46 ; Estill Junction to Rowland. Ky., 29.97— total, 248.43 miles.
Sidings. 28> miles. Rail. 56 and 60 ibs. Organized in May. 1887, to take over the Kentucky Central RR., which
i under foreclosure April 23, 1887. The Maysville and Lexington (No. Div., Paris to Maysville, 49 33 miles)
IR., practically owned, is leased in perpetuity, at 7 per cent, on $400,000 bonds, due in 1908. The Richmond
Branch ^Richmond to Rowland, 33.04 miles) ot the Louisville and Nashville is leased for 99 years from January 1,
84. at $24.000 per annum, with privilege of purchasing for $400.000. In December, 1890, the Louisville and
Nashville RR. Co. acquired control of this company by purchase of its capital stock, and began to operate the
railroad on February 1, 1891. Capital stock (all owned by the L. & N. RR. Co.), $6.908,829.10; funded debt, 1st
mortgage 4 per cent. 100-year $1-000 gold coupon bonds (with provision for registration), due July 1, 1986, interest
payable January and July, $6.523,581.11 -total stock and bonds, $13.432,410.21. Cost of road, equipment, and real
eatate, $13,565,401.78. The $400,000 Maysville and Lexington bonds, interest on which is guaranteed by this
company, are for $1.000 each, interest payable January and July. Interest on both issues payable at the New
York office. Stock and bonds listed on the New York Stock Exchange. M. H. SMITH. President: J. H. Ellis,.
Secretary ; William W. Thompson, Treasurer. Louisville, Ky.

MOBILE AND MONTGOMERY RAILWAY.-Mobile to Montgomery, Ala.. 178.51 miles. Sid-
vngs, etc., 19.09 miles. Gauge, 4 ft. 9 in. Rail isre,-l, 178.51 miles). 50 and 58i Ibs. Consolidation in 1868 of the
Mobile and Great Northern and the Alabama and Florida RR. Cos. under the name of the Mobile and Montgomery

348 POOR'S MANUAL — LOUISVILLE AND NASHVILLE,. SYSTEM.

RR. Co. Purchased at decretal sale by the bondholders, who reorganized under the present name in 1874. Leased
for 20 years from January 1, 1881, to the Louisville and Nashville RR. Co., the rental being net earnings. (See
statement of L. & N. RR. Co.} Financial Statement, June 30, 1891.— Capital stock (all owned by L. & N. RR.
Co.), $3,022.517.71 ; funded debt (6 per cent, income bonds, interest January and July, $4,000 ; L. &N., M. & M.
6 per cent. 50-year trust bonds, due November 15)31, interest May and November, $8,944,000), $2,948,000 : current
liabilities, $312,615.01 ; Alabauiaand Florida RR. bonds, $2,000 ; profit and loss, $318.497.01— total, $f>.i;o:5.' :
Cnnt-ra: Cost of road. $3,911,788.06; permanent Investments, $15.441.67; general mortgage bond s on truM.
(57 7.0!)0— total, $6,603,629.73. G. W. CHAIK, President, Montgomery, Ala.; J. H. Ellis, Secretary, Louisville. Ky.

NEW ORLEANS AND MOBILE RAILROAD.— New Orleans, La., to Mobile, Ala., 140.39 miles.
Sidings, etc., 26.36 miles. Gauge, 4 ft. 9 in. Rail (steel 140.39 miles), 50 to 60 Ibs. (For full history of this road
see MANUAL for 1885, pp. 509 and 510.) On May 8, 1880, the road was leased to Louisville and Nashville RR. Co.
for 50 years, and operated by that company, which owns all its capital stock. Gross earnings, vear ending June
30, 1891, $1.117,314.88. Expenses, $664.607.70. Net income, $452,707.18. Paid interest on' bonds, $360,000;
taxes, $39,532.67. Surplus for year, $53,174.51. Capital stock, $4,000,OCO ; funded debt ($5.000,000 first mortgage
6 per cent, gold bonds, dated May 8. 1888, due January 1, 1930, interest January and July ; $1,000,000 second mort-
gage 6 per cent, gold bonds, dated Octobers, 1881. due January 1, 1930, interest January and July), $6,000,000 —
total stock and bonds, $10.000. Cost of road and equipment, $10,399,427. E. H. GREEN, President; D.
Thomson, Secretary, New York, N. Y. GENERAL, OFFICE, Louisville, Ky. Transfer Office, New York, N. Y.

PENSACOLA AND ATLANTIC RAILROAD.— Pensacola to River Junction, Fla., 160.28 mile?.
Sidings. 9.20 miles. Gauge, 4 ft. 9 in. Rail (steel, 160.28 miles), 50 and 56 Ibs. Chartered March 4, 1881, and
road completed February 1, 1883. The Louisville and Nashville RR. Co. on January 1, 1885, began operating this
road. Sold under foreclosure May 4, 1891, and purchased by the L. & N. RR. Co. It connects the Louisville and
Nashville system with the railroads of Florida and of Southern Georgia. Rolling Stock, June 30, 1891. — Locomo-
tive engines, 10. Cars — passenger, 6 ; baggage, mail, and express, 2 •, freight (box, 9 ; platform, 40 ; caboose. 2),
51 ; other cars, 8— total cars, 67. Operations included in those of the L. & N. on pa^e 342. Net earnings.
S47.741.08. Payments: Interest on bonds. $200,978.70; taxes, $36,754.16— total, $237,732.86. Balance, deficit
for year, $189,991.78. Financial Statement, June 30, 1891.— Capital stock, $3,000,000 ; funded debt ($3.00o.0un
1st mortgage 6 per cent. 40-year $1,000 coupon bonds, due August 1, 1921, interest payable February and August :
S 925. 000 first mortgage 6 per cent. 10-year land grant $1,000 coupon bonds, due April 1, 1894, interest payable-
April and October, $360,000 ; second mortgage 6 per cent. 40-year $1,000 coupon bonds, dated February 1, 1888,
interest payable February and August), |4.2S5,000 ; unpaid coupons, $604,800— total, $8,041,641.98. Contra :
Cost of road, equipment, etc.. $3.369,419.29 ; bills receivable, $77,144.98 ; current accounts, $64.716.31 ; land grunt.
$2,619,811.44 ; stocks and bonds. $140,000 ; profit and loss, $1.770,549.76— total, $8,041,641.98. The first mo.
bonds are guaranteed principal and interest by the Louisville and Nashville RR. Co. The company has a 'and
grant estimated at 3,888.600 acres, of which 3.255,000 (swamp land) are from the State, and 633,000 from the United
States. Annual meeting. Friday before last Saturday in November : books close ten days prior thereto. Interest
payable at New York, N. Y.. and Louisville, Ky. Trustees of bonds, Edmund D.Randolph and John L. Cad-
walader. First mortgage bonds listed on the New York Stock Exchange. Directors.— M. H. Smith, C. Quarrier,
Louisville, Ky. ; A. M. Quar/ier, New York. N. Y. ; W. F. McCormick, W. A. Blount, Pensacola. Fla. M. H
SMITH, President, Louisville, Ky. ; W. D. Chipley, Vice- President and Land Commissioner, Pensacola, F'a. ; J. H.
Ellis. Sfcrttary ; W. W. Thompson, Treasurer, Louisville, Ky.

PONTCHARTRAIN RAILROAD.— New Orleans to Lake End. La.. 5 miles. Owned by Louisville
and Nashville RR. Co.. and operated in connection with the New Orleans and Mobile RR. Locomotives, 2 ;
passenger cars, 10. No financial statement furnished.

SOUTHEAST AND ST. LOTJIS RAILWAY.-East St. Louis, 111., to Evansville, Ind.. 161
miles. Shawneetown Branch : Shawnee Junction to Shawneetown, 111.. 41 miles : O'Fallan Branch : O'Fallon
Junction to O'Fallon, 111., 6 miles— total (steel, 162 miles), 208 miles. Gauge, 4 ft. 9 in. This road is practically
owned by the Louisville and Nashville RR. Co. The existing organization (Southeast and St. Louis Ry. Co.',
acquired title to the property subsequent to its foreclosure sale on the 18th of November, .1880. and leased it to
the L. & N. RR. Co.. which issued its bonds in part payment, the price paid being $6.500.000 in L. it X. bonds,
$3,500,000 in 40-year 6 per cent. 1st mortgage gold bonds, $3.000,000 in 99-year 3 per cent. 2d mortgage gold bonds.
and $1,000.000 in Southeast and St. Louis Ry. Company's stock. The bonds are known as St. Louis Division
bonds (see L. & N. statement), and are secured by mortgages on all the roads, property, franchises, etc.. executed
by the Southeast and St. Louis Ry. Co., and also by the Louisville and Nashville Co. The capital stock of this
company is $1,000,000. Its corporate existence, as "well as the lease to the L. & N. (49 years from January 27,
1881), are merely formal. (For full history of this road see MANUAL for 1884, pp. 516 and 517.)

RAILKOADS OPERATED TJNDEB LEASE ; EARNINGS IN EXCESS OF FIXED CHARGES A<

ING TO LESSEE.

"LOUISVILLE RAILWAY TRANSFER.— L., C. & L. RR. to L, & N. RR., 4.13 miles, with 1.10
miles sidings. Gauge. 4 ft. 9 in. Constructed in 1872 as connection between the Louisville, Cincinnati ai,
ington, and" the Louisville and Nashville RRs., and operated under lease by the former until June, 1881, and si
then by the Louisville and Nashville, which pays interest on its bonds and other charges. Capital stock, si
000 ; and funded debt, first mortgage 8 per cent. 30-year gold bonds, due May 1. 1901, interest May and November,
$286,000— total, $886,000. M. H." SMITH, President; J. H. Ellis, Secretary, Louisville, Ky.

• NASHVILLE AND DECATUR RAILROAD. -Nashville, Tenn., to Decatur, Ala.. 119.0!) miles.
Sidings, etc., 18.20 miles. Gauge, 4 ft. 9 in. Rail (steel), 58}- to 70 Ibs. Consolidation, January 1, I1-
Tennessee and Alabama, the Central Southern, and the Tennessee and Alabama Central RR. Cos. The r;
companies in Tennessee were chartered in 1852 : the Alabama corporation in 1854. Their roads (forming n In
from Nashville, Tenn., to Decatur, Ala., with a branch from Columbia to Mount Plcasan', Tenn., 11.5 milt-
completed in 1859 and 1860. The branch line was abandoned by the consolidated company. Road leased Marcn
4, 1871, to the Louisville and Nashville RR. Co. for 30 years from July 1, 1872, the lessees assuming all fi
and floating debts not exceeding $2.450,000, and agreeing to pay, two years after the completion of tin- s. A- >
Alabama RR., 6 per cent, on the capital stock. The: first dividend under the lease was paid April 1. 1875
stock (par, $25), $2,246,582.33 ; funded debt, first mortgage 7 per cent, bonds, due January 1, 1900. interest Jan*
ary and July, $2,100,000 : current accounts, $88,054.09 ; profit and loss, $166,465.49— total, $4,601,101.91. C<>
Cost of road and equipment. $4,098,015.34 : investments, $35,520.28 ; .sinking fund, $467,553. 95 ; Hindi
total, $4 601,101.91. The first mortgage bonds were issued for the purpose of taking up the Tennessee State 1
to the original companies. Dr. D. B. CLIFFE, President, Franklin, Tenn. ; G. W. Seay, Secretary ami
Nashville, Tenn. ^.^:

SHELBY RAILROAD.— Anchorage, Ky., to Shelbyville, Ky., 19.10 miles— total track, 19.1"
Chartered in 1851 ; road opened in 1871. Leased for 30 years from August 1, 1879, to the L., C. &. L. Ky. <

J POOR'S MANUAL — LOUISVILLE AND NASHVILLE SYSTEM. 349

ual rental of $15.000. In June, 1SS1. the lea-e wa- transferred to the Louisville and Nashville RR. Co.. by
ch it ha* MIM^ been operated. Capital stock. $MKi.(,00 : 1st mortgage 6 per cent. 1020 bonds, dated June 1.
.. interest January and July. >T>u.ouO. < 'o>r of road and equipment, $468,458. Rental received in 1SMJ. $15.000 ;
1 sundry exp< 18,000 : balance, $r,'.0<K) : out of which interest was paid on bonds, $3.0W, leaving a

)lusi of |9,000. Suit has been brought in the I'. S. Supreme Court for a cancellation of the lease with the L. «fc
N RR. ( 'o.. pending the decision of which no rental is being accepted, and interest on bonds and general expenses
are being paid from the surplus funds on hand. The stock is increased every year by about $27,000 for tax
receipts that are paid each year, but this will cease about January 1, 1889, by limitation. Dividends are paid at
Shelbyville : interest at Shelbyville and Louisville. Ky. JA< OH KKIBOKB, Sr.. /'».^i'/fnf. Louisville. Ky. : C. L.
Krie"er Tri-n*un-r ami Secretory ; S. S. Kirk, frttit-raf Af/mt, Slielbyvilfe, Kv. I'I:IN< II-AI. OFFICES, Snelbyville
and Louisville. Ky.

RAILROAD OPERATED FOR ACCOUNT OF SOUTH AND NORTH ALABAMA RR. Co.

SOUTH AND NORTH ALABAMA RAILROAD. -Decatur. Ala., to Montgomery, Ala , 182.37
miles; Wttuwpku liranch : Elmore to Wetumpka. Ala., 6.30— total. 188.67 miles. Sidings, etc.. 48.% miles.
<;aui:«'. 4 ft. 9 in. Rail (steel. 189.02 miles), 58J and 68 Ibs. Main line opened October 1. 1872 : the Wetumpka
Branch July 1. ls;s. Operated by the Louisville and Nashville RR. Co.. which owns a com rolling interest in the
capital stock, and guarantees the 1st mortgage sterling bonds and the 5 per cent, consolidated bonds. Rental,
year ending June 30. 1891. $14.494.27 ; other receipts, $524.106.13— total income. $538.600.40. Expenses and taxes,
?636.460.96r Deficit for year. $97.860.56. Capital stock (common. $1.490.655.12; preferred, $2.000.000). 83.490,655.12;
funded debt (sterling sinking fund 6 per cent. 30-year bonds, due 1903, interest May and November, $4,496,920;
•Jd mortiraire 6 per cent, bonds, dne 1910 [for advances by L. & N. RR. Co., and owned by it]. $2,000.000 : con-
solidated 5 per cent. 50-year bonds, due 19o6. interest June and December. $3,362,000), $9.858.920 : current liabili-
;:>.587. 79— total. $14.125.162.91. Contra: Cost of road and equipment. $11,463.086.18: sinking fund,
$589,553.49 ; bonds owned. $297.774 44 ; profit and loss. $1,774.748.80— total. $14,125.162.91. Annual meeting, last
Saturday in November, stock books close ten days before and reopen the day after the meeting. The sterling
bonds are held in England. H. F. DE BARDELEBEX, President ; G. W. Craik. Secretary. Montgomery, Ala.

OPERATED UNDER LEASE FOR ACCOUNT OF THE VARIOUS COMPANIES.

ELKTON AND GTJTHRIE RAILROAD.-Elkton. Ky., to Gnthrie. Ky.. 10.92 miles. Total
track. 10.92 miles. Chartered in 1884 ; road opened February 1. 1885. Operated by the Louisville and Nashville
RR. Co.. under an agreement eiving the net earnings to lessor company. Gross earnings. 1890-91. $11.649.74.
operating expenses, $9.530.42. Net earnings. $2.119.32. Capital stock. $47.372.25 ; funded debt. 1st mortgage 7
per cent. 30-year bonds, due 1905, interest June and December, $25,000— total stock and bonds. $72.372.25. repre-
senting cost of road, etc. BEN*. T. PERKINS, JR.. President : John O. Street, Secretary and Treasurer. Elk-
ton, Ky.

GLASGOW RAILROAD.— Glasgow Junction to Glasgow, Ky.. 10.5 miles. Sidings. 0.37 mile. Char-
tered in 1868 : road opened March 1, 1869. Leased for ten years to Louisville and Nashville RR. Co. on Septem-
ber 2t>. 1871. On expiration of lease it was not renewed, but the road is now operated by L. & N. RR. Co., net
earnings going to lessors. Capital stock, $300,000 : funded debt, $100,000 7 per cent, bonds, due 1889. Cost
of road. $139.314.49. JOHN RITTER, President ; J. L. Byran, Vice-President ; G. P. Dickinson, Secretary,
Glasgow. Ky.

MAMMOTH CAVE RAILROAD.— Glasgow Junction to Mammoth Cave, Ky., 8.38 miles. Gauge,
4 ft. 9 in. Rail (steel), 50 Ibs. Chartered in 1874. and road opened November 17. 1S86 Operated by the Louie-
ville and Nashville RR. Co. .Funded debt, $100,000 1st mortgage 6 per cent. 25-year $1,000 coupon or registered
bonds, dated September 1, 1886, interest payable March and September. Amount of stock outstanding not
stated. J. HILLEAKIX. President ; R. H. Lacy, Secretary. CORPORATE OFFICE. Nashville, Tenn.

LINES IN WHICH THE COMPANY is INTERESTED AS OWNER OF A MAJORITY OF THE CAP-
ITAL STOCK IN THE COMPANY THAT OPERATES THE ROAD.

the Kentucky & Tennessee RR. Co. (See MANUAL for 1890.) The Louisville and Nashville owns nearly all of the
stock, and has $1,200,000 of the bonds pledged as security for its 5 per cent, trust mortgage bonds. Rolling Stock,
June 30. 1891.— Locomotive engines, 4. Cars— passenger. 5 : freight (box, 28 ; coal, 261 : caboose, 4). 293— total
cars. 298. Operations included in those of the L. & N. RR! Co. Net earnings. $97.776.31. Payments: Interest on
bonds. $67,130.92 ; taxes. $4,544.62— total. $.71.675.54. Balance, surplus. $26,100.71. Financial xtatmient, June
30, 1891.— Capital stock, $1,156,517.85 ; funded debt, 1st mortgage 6 per cent. 50-year $1,000 gold coupon bonds,
due November 1, 1931, mterert payable May and November. $2.000,000 ; current accounts. $8,517.86 ; Tennessee
and Kentucky RR. Co.. $2,000— total. $3,162,035.51. Contra: Cost of road, equipment, etc., $2.113.432.67: 1st
mortgage bonds deposited with Central Trust Co. to cover future extensions. $240,000 : 1st mortgage bonds
deposited in trust by Louisville and Nashville RR. Co., $560.000 : current accounts. $97,120 65 ; profit and loss
1151,482.19— total, $3.162,035 51. Annual meeting. Thursday before first Wednesday in October. Books close
for annual meeting ten days previously ; for dividends, ten days before payment of >ame. Voting power attaches
to stock on ten days' ownership. Interest payable at Louisville and Ne'w York. Central Trust Co.. trustee of
bonds. Transfer agent, J. H. Ellis. Louisville. Ky. Director*;}!. II. Smith. S. R. Knott, C. Quarrier H W
Bruce, W. W. Thompson. R. H. Inirram. Louisville. Ky.: E. Baxter, Nashville. Tenn. M.H. SMITH. President;
J. H. Ellis. Secretary ; W. W. Thompson, TVeotvrer, Louisville. Ky. GENERAL OFFICE, Louisville. Ky.

HENDERSON BRIDGE AND RAILROAD.— Henderson. Ky., to Evansville, Ind.. 10.06 miles.

GaiiL'f. 4ft. 9 in. Rail (steel i. 58 Ibs. Length of bridge superstructure. 8,698.7 feet. Organized under the laws

°j Kentucky. September 21, 1880, and bridge opened for traffic July 13. INNJ. Operated by the Louisville and

asnville RR. Co.. which in union with other connecting roads guarantees to the bridge company tolls to the

mount ox $200.000 a year— being interest on bonds. .$120,000 ; divfdends on stock, $50.000 : sinking fund charges,

520,000 in bonds at par or $21,000 in cash (bouds being redeemable at 105 per cent, of par value until August 1

895. after which date it will be $8.000K and for maintenance, repairs, taxes, etc.. $10,000. Gross earning vear

ending June 30. 1S91. $317.942.97: receipts from interest. $10,385.42-total. $328.328.45. Expenses, M0.781J8.

e : income. $307.547.17. Payments : Excess over guarantee refunded. $106.131.62: interest on bonds, 8120 000 •

unking fund, $21,000; dividend (5 per cent.), $50,000— total, |897.131.62. Balance, surplus, $1041555 Finan-

350 POOR'S MANUAL OF RAILROADS.

cial Statement, June 30, 1891.— Capital stock, $1,000,000 ; funded debt, $2,000,000 ; tin funded debt, $91,880.65; in-
come balance, $438,054.21— total. $3,529,934.86. Contra: Cost of bridge and approaches, $2,013,746.21; real
estate, $27,360.74 ; sinking fund, $127.000 ; other assets, $1,361,827.91— total, $3,529.934.86. The bonds are first.
mortgage 6 per cent. 50 years, due September 1, 1931. interest payable March and September in New York. Trus
tee, Central Trust Company, New York, and S. B. Vance, Evansville. Ind. Registrar of bonds, Louisville and
Nashville RR. Co., New York. Registrar of stock, Continental National Bank, New York. Dividends payable
in Louisville, Ky., and New York City. Stock and bonds listed on the New York Stock Exchange. MILTON H.
SMITH, President, Louisville, Ky.; A. M. QUAHRIKR, Vice- President, New York, N. Y.; J. H. Ellis, Secretary;
W. W. Thompson, Treasurer, Louisville, Ky. CORPORATE OFFICK, Louisville, Ky. New York Office. 1-,'n
Broadway.

NASHVILLE, FLORENCE AND SHEFFIELD RAILWAY.— Columbia, Tenn., to Sheffield,
Ala., 82.13 miles ; West Point Branch, Iron City to Pinkney, 11.78— total, 93.91 miles. Sidings, etc., 4.27 mil.-.
Gauge, 4 ft. 9 in. Rail (steel), 58J- Ibs. Consolidation, May 16, 1887, of the Nashville and Florence RR. Co.. and
the Tennessee and Alabama RR. Co. (See MANUAL for 1890.) The tracks of the Memphis and Charleston RR.
are used from Florence to Sheffield, Ala., 3.27 miles. Rolling Stock, June 30, 1891.— Locomotive engines, 2. < ars
—passenger, 2 ; freight (box, 239 ; flat, 2 ; coal, 247), 488— total cars, 490. Operations included in those of the L.
& N. RR. Co. Net earnings, $31,193.36. Paid interest on bonds, $101,009.93 ; taxes, $6,201.22— total, -
211.15. Deficit, $76,017.79. Financial Statement, June 30, 1891.— Capital stock (par, $100), $708,585.18 ; funded
debt, first mortgage 5 per cent, gold coupon and registered 50-year $1,000 bonds, due August 1, 1937. interest pay-
able February and August ($2,500,000 authorized), $1.920,000 ; current accounts, $131,405.52— total, '$2.759,990.70.
Contra : Cost of road, $1,970,220 ; equipment, $223,400 ; discount on bonds, $229,700 ; current accounts, $6,572.-
52 ; profit and loss. $330,098.18— total, $2,759.990.70. Bonds are secured on main line and all branches constructed
by the company. Interest payable at 120 Broadway, New York, N. Y. Principal and interest guaranteed (by in-
dorsement on bonds) by the Louisville and Nashville RR. Co., which owns a majority of the capital stock. Annual
meeting, Wednesday before last Saturday in November. Trustee of bonds, Central Trust Co., New York, N. Y.
Directors: M. H. Smith, H. W. Bruce, A. M. Quarrier, C. Quarrier, J. H. Ellis, Louisville, Ky.; George Chil
Columbia, Tenn.; William Parkes, Lawrenceburg, Tenn. M. H. SMITH, Pi-evident ; A. M. Quarrier, Vice-Presi-
dent; J. H. Ellis, Secretary, Louisville, Ky.

Board of Directors, L. & N. RR. Co., elected October 7, 1891.

John A. Carter Louisville, Ky.

Jacob H. Schiff. . . .New York, N. Y.

J. A. Horsey. . .

M. H. Smith Louisville, Ky.

August Belmont . .New York, N. Y.
Arnold Marcus

Eckstein Norton. .

Thomas Rutter New York. N. Y.

J. S. Rogers

Edmund Smith Philadelphia, Pa.

J. I). Probst '• '• John D. Taggart Louisville, Ky.

William Mertens New York, N. Y.

AUUUST BELMONT, Chairman of the Board New York, N. Y.

M. H. SMITH, President Louisville, Ky.

1st Vice- President— Stuart R. Knott Louisville, Ky.

2d Vice- President— A. M. Quarrier. . . .New York, N. Y.

3d Vice- President— W. J. Wood Nashville, Tenn.

Comptroller— Cushman Quarrier Louisville, Ky.

Treasurer— Win. W. Thompson Louisville, Ky.

Secretary— J. H. Ellis

General Manager — J. G. Metcalf "

Transfer Agent— R. Anthon New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Corner Main and Second Sts., Louisville, Ky.

New York Office 120 Broadway, New York City.

LOUISVILLE, EVANSVILLE AND ST. LOUIS CONSOLIDATED RR. CO.

Main Line of Road. — New Albany, Ind., to East St. Louis, 111.

(less Walnut Hill to Centralia, III., 7.49 m.) 257.18 miles.

Evansville Division : Jasper, Ind., to Evansville, Ind 54.22

Rockport Branch : Rock port Junction, Ind., to Rockport, Ind 16 09

Cannelton Branch : Lincoln, Ind., to Cannelton, Ind. 22.72

Branches : Bellev. Jc. to Belleville, 111., 1.14; Tenth St., 111., to Dyke, 1.54 2.68— 95.71 miles.
Venice & Carondelet Ry. : June, to Venice, 111. (leased to E. St. L. & C. Ry. Co.). . 6.96 milts.

Total length of all lines owned and in operation, June 30, 1891 359.85 miles.

Sidings, etc. (owned, 62.73; leased, 5.33), 08.06 miles. Gauges, 4 ft. 8|- in. and 4 ft. 9 in.
Rail (steel, 288.71 miles), 45, 50, 60, and 68 Ibs.

In addition to the above mileage the company uses the following trackage : Pittsburgh,
Cincinnati, Chicago and St. Louis RR., from Louisville, Ky., to New Albany, Ind.
Louisville Bridge), 5.15 ; Louisville Bridge Co., 1 ; Evansville and Terre Haute RR., in
Evansville and Princeton, 1.28; East St. Louis and Carondelet RR., in East St. Louis, 0.20;
Jacksonville Southeastern Line, from Walnut Hill to Centralia, 111., 7.49 miles, making the
total of all lines operated on June 30, 1891, 368.01 miles.

History. — Consolidation May 21, 1889, of the Louisville, Evansville and St. Louis RK.
Co. (see MANUAL for 1889, page 474), the Illinois and St. Louis RR. and Coal Co. (see MAN-
UAL, for 1889, page 438), the Belleville, Centralia and Eastern RR, Co. (projected from Belle-
ville to Mount Vernon, 111.), the Venice and Carondelet RR. Co. (see MANUAL for 1889, page
439), and the Huntingburg, Tell City and Cannelton RR. Co. (see MANUAL for 1889, |

LOUISVILLE, EVANSVILLE AND ST. LOUIS CONSOLIDATED RR. CO.' 351

475. For plan of consolidation see MANUAL for 1890, page 644). On July 1, 1890, the mile-
age was increased by the completion of the extensions 1'rom Mt. Vernon to Walnut Hill, 15.64
miles, and from Centralia to Belleville, 111., 48.71 miles.

The Venice and Carondelet Ry. (see above) is leased to the East St. Louis Connecting Ky.
t'o. at an annual rental of $18,000, being interest on its bonds.

In September, 1891, this company purchased a controlling interest in the Kentucky and
Indiana Bridge Ry. Co. (see page 313).

Rolling Stock, June 30, 1891. — Locomotive engines, 45. Cars — passenger, 25 ; parlor
and dining, 2 ; combination, 4 ; baggage, mail, and express, 13 ; officers', 1 ; freight (box. 720:
platform, 195; stock, 46; coal, 1.081), 2,048; caboose, 14; derrick, 1 ; gravel, 41; other,
116— total cars, 2,265. The company also owns 1 ferry-boat, 2 barges, and 1 steam tug. •

Operations for year ending June 30, 1891 (368.01 miles). — Train mileage — passenger,
661,390 ; freight, 680,208 ; other, 263,184— total, 1,604,782 miles. Passengers carried, 505,-
260; carried one mile, 14,194,446; average mile rate, 2.787 cents. Tons freight moved,
1,011,016 ; moved one mile, 79,533,537 ; average ton-mile rate, 1.227 cents.

Expenses.— Transportation $478,721 14

Motive Power and Cars 138,044 75

Maintenance Way and Buildings 23-2.534 OS
General 106,299 36

—Passenger $395.556 65

Freight 976,003 72

Mail and Express 62,995 30

Miscellaneous 28,41773

Total ($3,975.36 per mile) $1,462,973 40

Total ($2,479.27 per mile^ $955.599 33

Net earnings (35.62 per cent.), $507,374.07. Add rental (V. & C. Ry.), $18,000 ; rental
Evansville terminals, $3,600— total, $528,974.07. Payments : Intere.-t on bonds, $432,800 ;
ion floating debt, $17,909.63; trackage rental, $26,898.24; taxes, $44,055.8:2— total, $521,-
663.69. Balance, surplus, $7,310.38. Surplus forward, $876,532.12— total, $883,842.50.

General Balance Sheet, June 30, 1891.

Cost of Rollin^ Stock

898,269 93

Preferred Stock (par. 3100)

1 295 i62 00

Stocks and Bonds Owned

400.000 00

Funded Debt Outstanding

8 001 375 00

Materials and Fuel on Hand

74.970 48

Current Accounts

239 655 10

: Current Accounts

96,155 61

Interest Accrued, not due

163 495 83

Cash on Hand

137,491 35

Due Evansville and Terre Haute RR. Co

••272 767 28

Undistributed Taxes and Accounts

Miscellaneous \sset-;

28,438 81
16,866 03

Equipment Notes, not due
Bills Payable..

109,763 60
184 792 03

Profit and Loss

883 842 50

Total Assets $14,941,700 34 Total Liabilities $14,941,700 34

Funded debt ($8,001,375) consisted June 30, 1891, of the following :

ilst mtge. L., E. & St. L. RR.. 6 p. c.40-y. $1,000 gold coup.b'ds, due Oct. 1,1926, int. payable April & Oct. $2,000,000
£d mtee. L., E. & St. L. RR. 40-y. $1,000 gold coupon bonds.due Oct. 1. 1926. int. payable April and Oct.. 670,000

Consol. mtge. L., E. & St. L. RR. 5 p. c. 50-y. $1,1100 gold b'ds. due July 1. 1939. int. Jan. and July 3.631,375

luntingbnrg, Tell City and Cannelton RR. 1st mortgage 6 per cent. 40-year $1,000 gold coupon bonds,

due October 1, 1937. interest April and October, guaranteed (principal and interest) 300,000

Evansville, Rockport and Eastern Rli. 1st morigage 6 per cent. 40-year gl,000 coupon bonds, due July

1, 1921, interest January and July 900,000

st mtge. 111. & St. L. RR. & Coal Co. 8 p. c. 20-y. $500 coup, bonds, due June 1. 1895. int. June and Dec. 200,000

8t mtge. (Venice & Carondelet Ry.) 6 per cent. 30-year §1,000 bonds, due 1900. interest June & Dec 150,000

it mtge. (Venice & Carondelet Ry.) 6 per cent. 20-year $1.000 bonds, due 1902. interest April & Oct . . . 150,000

The 1st mortgage L. E. cfc St. L. RR. bonds are secured on the whole road, property and
"ranchises of the company, subject to the existing $900,000 mortgage on the Evansville Divi-
sion, and excepting the fran«-hise for the extension to St. Louis or the Mississippi River.
mortgage L. E. & St. L. RR. bonds are secured by a mortgage on the whole road,
)roperty, and franchises of the company, subject to the aforementioned $20,000,000 and $900,-
'00 1st mortgages, and excepting the franchise for the extension to St. Louis or the Missis-

ippi River, and bear interest at the following rates : 1888 and 1889, 2 per cent. ; 1890, 3 per
•ent; 1891, 4 per cent. ; 1892, 5 per cent. ; 1893 and thereafter, 6 per cent.; and carry with

iiem voting power at the rate of ten votes for each $1,000 bond, upon a sixty days' registry

>rior to time of voting.

352 POOR'S MANUAL OF RAILROADS.

The lliintingburg, Tell City and Cannelton 1st mortgage bonds are secured by a mortgage
on the branch line, Lincoln to .Cannelton, 22 miles. The Evansville, Rockport and Eastern
Ry. 1st mortgage bonds are secured by a mortgage on the Evansville Division only, Jasper to
Evansville and Rockport to Lincoln Junction not being guaranteed.

The authorized issue of consolidated mortgage bonds is $8,000,000, which the articles of
incorporation provide shall be used as follows: For Evansville Division bonds, due 1921, $900,-
000 ; L., E. & St. L. RR. firsts, due 1926, $2,000,000; L., E. & St. L., 2ds, due October 1, 1936,
$2,250,000 ; for securities of the H., T. C. & C., the Venice and Carondelet, and the Illinois
and St. Louis, $1,925,000 ; for building and equipping the Belleville, Oentralia and Eastern,
$925,000 — total, $8,000,000. These bonds are $1,COO each, coupon with privilege of regis-
tration as to principal ; dated July 1, 18b9, mature July 1, 1939, and bear interest. at 5 per
cent, per annum, payable January and July, at the company's agency, New York City. This
mortgage covers the line from New Albany to a point on the Mississippi River opposite St.
Louis, 267 miles, with branches from Jasper to Evansville and from Gentryville to Rockport
(together forming the Evansville Division, 71 miles), from last named branch to Tell City and
Cannelton, 24 miles, and from Venice to Carondelet, 24 miles — total, 386 miles, as also all
lands, buildings, tracks, rolling stock, etc., belonging thereto, and all property that shall
hereafter be acquired by this company. But any branches or extensions that may be after-
wards built are not embraced in this mortgage.

Annual meeting, third Thursday in October, at Belleville, 111. Books close thirty days
previously. Voting power attaches to stock at transfer. Interest payable at office of the
New York Security and Trust Co., New York, N. Y. Trustees of bonds, New York Security
and Trust Co., New York, N. Y., and Josephus Collett, Terre Haute, Ind. Registrar of stock,
New York Security and Trust Co., New York, N. Y.

Directors ( elected October 15, 1891).— D. J. Mackey, W. J. Lewis, E. 0. Hopkins,
Evansville, Ind. ; C. C. Baldwin, James Stillman, John L. Lamson, Marcus Mayer, New
York, N. Y. ; Bluford Wilson, Springfield, 111. ; Thomas W. Scott, Fairfield, 111.

D. J. MACKEY, President Evansville, Ind.

Secretary and Treasurer — W. J. Lewis. Evansville, Ind. | General Manager — George F. Evans . .. .Louisville, Ky.
Auditor— E. B. Cooke Evansville, Ind.

• PRINCIPAL OFFICES Evansville, Ind., and Louisville, Ky.

Transfer Office New York, N. Y.

LOUISVILLE, NEW ALBANY AND CORYDON RAILWAY COMPANY.

Main Line of Road. — Corydon, Ind., to Corydon Junction, Ind 8.5

King's Cave Branch : Corydon, Ind., to King's Cave, Ind 4.0 — 12.5 miles.

Sidings, etc., 0.50 mile. Gauge, 4 ft. 8i in. Rail (steel, 4 miles), 32 and 56 Ibs.

History. — Chartered 1882 ; main line opened December 1, 1883, and branch May 1, 1890.
The road was sold under foreclosure in February, 1888, and the company reorganized.

Rolling Stock. — Locomotive engine, 1. Cars — passenger, 1 ; baggage, etc., 1 ; other, 1
— total cars, 3. Freight cars furnished by the Louisville, Evansville and St. Louis Ry. Co.

Operations for year ending June 30, 1890. — Train mileage (mixed), 15,000 miles. Pas-
sengers carried, 12,982 ; carried one mile, 103,856. Tons freight moved, 10,268 ; moved one
mile, 82,144. Earnings— passenger, $4,940.54 ; freight, $9,202.96 ; mail and expre^
85— total, $14,936.35. Operating expenses, $9,029.29. Net earnings, $5,907.06. Payments :
Interest on bonds, $3,000 ; other payments, $1,850 -total, $4,850. Surplus, $1,057.00.

Financial Statement, June 30, 1890.— Capital stock, $135,000 ; funded debt, 1st mort-
gage 6 per cent. 30-year $100 coupon bonds, due 1918, interest, payable January and July
(authorized, $100,000), $50,0 '0 ; bills payable, $25,000 ; profit, and loss, $4,850. Contra:
Cost of road, $50,000 ; extension, $27,332 ; cash on hand, $441.44 ; profit and loss, $5,907.06.
Authorized issue of bonds, $100,000.

Annual meeting, first Monday in June, at Corydon, Ind.

POOB'8 MANUAL OF RAILROADS. 353

Directors.— M. J. O'Connor, R. J. Tracewell, G. W. Applegate, Corydon, Ind. ; St. John
Boyle, John A. Green, H. G. Boyle, Louisville, Ky. : Alex. H. Davis, Syracuse, N. Y.

M. J. O'CONNOR, President Corydon, Ind.

Tice-Pret. & Treas.—St. John Boyle Corydon, Ind. | Secretary— R. J. Tracewell Corydon, Ind.

PRINCIPAL OFFICE AND ADDRESS Corydon, Ind.

LYNCHBURG AND DURHAM RAILROAD COMPANY.

Main Line of Road.— Lynch burg, Va., to Durham, N. C 114.1

Banister Branch : Near Houston, Va., to Banister, Va 1.0 — 115. 1 miles.

Sidings, 6.04 miles. Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs.

History. — Chartered February 12, 1886, and succeeded to the rights of the Lynchburg,
Halifax and North Carolina, the Roxboro', and the Durham and Roxboro' RR. Cos. Road
completed from Lynchhurg to Rustburg in 1888 ; to South Boston, Va., in 1889, and to
Durham, September 15, 1890. On March 1, 1892, this road passed under control of the Nor-
folk and Western RR. Co. under lease. For terms see statement for that company.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 6. Cars — passenger, 7 ; baggage,
mail, and express, 2 ; freight (box, 50 ; platform, 60), 110 ; caboose, 1 — total cars, 120. The
company also leases 25 box and 75 platform cars.

Operations for year ending June 30, 1891. — Train mileage, passenger, and freight
statistics not reported. Gross earnings, $161,358.98. Operating expenses, $169,930.69.
Deficit from operations, $8,571.71.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $1,930,350 ; funded
debt (authorized, $3,000,000, rate of $16,500 per mile for construction and $3,500 per mile
for equipment) outstanding, $2,012,500 ; profit and loss, $5,349.79— total, $3,947,699.79.
Contra: Cost of road, $3,702,102.54 ; rolling stock, $120,837.87 ; real estate, etc., $61,010.92 ;
stocks and bonds owned, $530 ; materials and fuel, $2,360.70 ; bills receivable, $70 ; current
accounts, $53,459.83 ; cash on hand, $7,327.93— total, $3,947,699.79.

Funded debt consists of 1st mortgage 5 per cent. 50-year $1,000 gold coupon bonds, due
January 1, 1940, interest payable January and July, at office of trustee, Mercantile Trust Co.,
New York, X. Y. These bonds are secured by 1st mortgage on the entire line of road, as
also upon all equipment.

Annual meeting, third Tuesday in June, at Lynchburg, Va.

Directors (elected June 18, 1891).— Peter J. Otey, Mosby H. Payne, J. R. Clarke, George
M. Jones, J. H. Franklin, John B. Win free, R. L. Miller, John Hicksou, Lynchburg, Va. ;
Edmund Irvine, Evingtou, Va. ; R. "W. Withers, Rustburg, Va. ; Wood Bouldin, Jr., R. W.
Watkins, H. A. Edmondson, Houston, Va. ; Joseph Stebbins, South Boston, Va. ; J. A. Long,
Roxboro', N. C. ; J. S. Carr, E. J. Parrish, G. W. Watts, Durham, N. C.

W. C. HOUSTON, JR., President Lynchburg, Va.

J. S. Carr, ) _. Pretident8 ^Durham, N. C.

Peter J. Otey, f ' ** } Houston, Va.

Secretary & Treat.— F. H. Williams. .Philadelphia, Pa. | Auditor— C. C. Dunn, Jr Lynchburg, Va.

PRINCIPAL OFFICE AND ADDRESS Lynchburg, Va.

McKEESPORT CONNECTING RAILROAD COMPANY.

Line of Road,— McKeesport, Pa., to Port Perry, Pa 4 miles.

Gauge, 4 ft. 8i in. Rail (steel), 60 Ibs.

History.— Chartered March 18, 1889. Road opened March 1, 1891.

Rolling Stock, June 30, 1891. — Locomotive engines, 2. Cars — (platform), 36.

Operations for year ending June 30, 1891. — Train mileage, passenger and freight statis-
tics not reported. Earnings — freight, $4,230.50. Operating expenses — transportation, $501.-
06 ; motive power, $131.55 ; maintenance of cars, $1,023.01— total, $1,655.62. Net earn-
ings, $2,574.88.

354 POOR'S MANUAL OF RAILROADS.

Financial Statement, June 30, 1891.— Capital stock (authorized, $40,000; par, $100),
$8,900 ; current accounts, $40,657.02 ; profit and loss, $2,574.88— total, $52,131.90. Contra :
Cost of road, $33,211.28 ; of rolling stock, $12,391.62 ; current accounts, $6,52J)— total, $52,-
131.90.

Annual meeting, June 3, at McKeesport, Pa. Voting power attaches to stock after 30
days' ownership.

Directors (elected June 3, 1891).— Horace Crosby, Pittsburgh, Pa.; E. C. Converse.J. W.
Downer Jr., New York, N. Y.; J. H. Pierce, A. Chandon, C. I. O'Connor, McKeesport, Pa.

HORACE CROSBY, President Pittsburgh, Pa.

E. C. Converse, Gen. Manager New York, N. Y.

Treasurer— C. I. O'Connor McKeesport, Pa. | Secretary— 3. W. Downer, Jr New York, N. Y.

Superintendent— W. B. Schiller McKeesport, Pa.

PRINCIPAL OFFICE AND ADDRESS McKeesport, Pa.

MAINE CENTRAL RAILROAD COMPANY.

Main Line of Road.— Portland, Me., to Bangor, Me 136.60 miles.

Water-mile Branch : Cumberland Junction, Me., to Skowhegan, Me. . . .91.20
Farmington & Lewiston B'rs : Bath, Me., to Farmington & Lewiston, Me. 76. 30
Mt. Desert Branch : Penobscot Junction to Bar Harbor (incl. ferry) . . . .49.80 — 217.30 miles
( Belfast and Moosehead Lake RR. ; Burnham to Belfast, Me .... 33 . 13

Dexter and Newport RR.: Newport, to Dexter, Me 14.23

Dexter & PiscataquisRR.: Dexter, Me., toDov'r& F'xcroft,Me.l6.54

Eastern Maine RR.: Bangor to Bucksport, Me 18.05

Leased :-{ European &North Amer. Ry.: (Mileage as on p. 358) 120.34

Portland & Ogdensburg Ry.: Portland, Me., toLunenburg, Vt.109.10

Upper Coos RR.: Quebec Junction to Beecher Falls, Vt 55.37

Hereford Ry.: Beecher Falls, Vt., to Lime Ridge, P. Q 52.63

\Knox and Lincoln Ry.: Bath to Kockland, Me. (incl. ferry) . 47.75 — 467.14 miles.

Total length of all lines completed, September 30, 1891 821 .04 miles.

2d track, 11.80 miles ; sidings, spurs, etc., 198.53 miles. Gauge, 4 ft. 8i in. Rail (steel,
674.49 miles), 56 and 67 Ibs.

History. — Consolidation, October 28, 1862, of^thejAndrdscoggin and Kennebec and the
Penobscot and Kennebec RR. Cos. (See MANUAL for 1885, pp. 6 and 7.) The company con-
trols the Portland, Mt. Desert and Machias Steamship Co. ^For terms of leases see subjoined
statements.

Rolling Stock, September 30, 1891. — Locomotive engines, 130. Cars — passenger, 133 ;
baggage, mail, and express, 50 ; freight (box, 1,030 ; platform, 1,648 ; stock, 191), 2,869 ;
caboose, 43 ; other cars, 216— total cars, 3,311.

Operations for year ending September 30, 1891. — See tabulated statement following.
Earnings.— Passenger $1,838,221 18 | Expenses.— Transportation $691,265 49

Freight 2,269,739 50

Mail 131,189 61

Express 70,250 00

Extra Baggage 15,505 38

Total ($5,267.59 per mile) $4,324,905 67

Motive Power 871,95171

Maintenance of Cars 239,8388(1

Maintenance Way & Build'gs. 780,840 99

General 358,480 84

Total ($3,583.72 per mile) $2,942,377 96

Net earnings (31.96 per cent.), $1,382,527.71. Add rents, wharfage, and other receipts,
$39,074.32— total, $1,421,602.03. Payments : Interest, $828,189.46 ; rentals leased lines
(European and North American Ry., $125,500 ; Belfast and Moosehead Lake RR., $36,000 ;
Dester and Newport RR., $18,000 ; Eastern Maine Ry., $9,500 ; Portland and Ogdensburg
Ry., $48,086.80 ; Dexter and Piscataquis RR., $12,750 ; Hereford Ry., $64,500 ; Upper Coos
RR., $45,756.25), $360,093.05 ; dividends on stock (No. 18, February 15, and No. 19, August
15, 1891, 3 per cent, each), $215,628— total, $1,403,910.51. Balance, surplus, $17,691.52.
Add premium onjbonds sold, $25,575.45 ; interestjon sinking funds, $6,847.33 ; accounts of pre-
vious years, $5,501.55; surplus, September 30, 1890, $555,416.50— total surplus $611,032.35

POOR'S MANUAL — MAINE CENTRAL RR. CO.

355

General Balance Sheet, September 30, 1891.

Construction Account

Equipment

Augusta and Gardiner Double Track. . . .

Androscoggin Railroad Lease

European and North American Ry. Lease.
Portland and Ogdensburg Railway Lease.
Portl'd and Ogd'sb'g Ry. Improvements.
Portland and Ogdensburg Ry. Extension.
Dexter and Piscataquis Railroad Lease. .
Dexter and Piscataquis RR. Improvem'ts.

Hereford Railway Lease

Upper Coos Railway Lease

Coos and Hereford Ry. Improvements. . .

Upper Coos Railway Extension

Knox and Lincoln Railway Lease

Stock and Bonds Owned

Sinking Funds

Accounts Receivable

Supplies and Material on Hand

Cash on Hand . . ,

$11,632,855 54

2,119,801 36

:4.3!»4 i»5

768.333 33

1,000,000 00

1.008,739 70

513,597 57

4«7,442 80

175,000 00

49,986 94

800,000 00

352,885 01

30,424 17

651,828 42

53.361 84

680,615 97

187,070 42

346,950 80

514,857 11

312,392 67

Capital Stock and Scrip ($2,800) $4,482.400 00

Stock Bonds

Funded Debt

Interest Scrip

Upper Coos RR. Stock

Notes Payable

Unpaid Coupons and Dividends.

Interest and Rents Accrued

Accounts Payable

Bills Andited

Profit and Loss...

16,600 00

15,178,800 00

8,992 00

200,000 00

352,300 00

36,829 54
406,695 96

85,259 35
563,628 51
611,032 35

Total Assets $21,742,537 71 Total Liabilities.. $21,742,537 71

Statement of funded debt, September 30. 1891 :

Classes of bonds. Issued.

Interest.

Mature.

Provided. Afloat.

Charges.

Maine Central Loan

July 1, 1868
Oct. 1, 1870
Jan. 1, 1860
April 1, 1872
April 1, 1872
April 1, 1872
April 1, 1865
July 1, 1863
July 1, 187-1
Jan. 1, 1869
June 1, 1883
Feb. 1. 1884
Feb. 1, 1885
June 1, 1883
July 1, 1886
July 1, 1887
July 1, 1870
Nov. 1, 1888
Julv 1, 1889
May 1, 1890
May 1, 1890
May 1, 1890

7 p.c., Jan. & Julv
6 p.c., April & Oct.
6 p.c.. Monthly
7 p.c., April & Oct.
5 p.c., April & Oct.
4^ p.c., April &Occ.
6 p.c., April & Oct.
6 p.c.,J..A.,J.AO.
6 p.c., Jan. & July
6 p.c., Jan. & July
5 p.c.. June & Dec.
5 p.c.. Feb. & Aug.
6 p.c., Feb. & Aug.
6 p.c.. June & Dec.
4| p.c.. Jan. & Julv
4| p.c., Jan. & July
6 p.c., Jan. & July
5 p.c.. May & Nov.
4 p.c.. Jan. & July
4 p.c., May & Nov.
4 p.c., May & Nov.
4i p.c., May & Nov.

July 1, 1898
Oct. 1, 1900
Sept. 1, 1891
April 1, 1912
April 1, 1912
April 1, 1912
April 1. 1895
July 1, 1891
July 1, 18%
Jan. 1, 1894
June 1, 1923
Feb. 1, 1894
Feb. 1, 1905
June 1, 1923
Julv 1, 1916
July 1, 1917
July 1. 1900
Nov. 1, 1908
July 1, 1929
Mav 1, 1930
Mav 1, 1930
May 1, 1930

$1.100,000
500,000
1,100,000

1 9.000,000 -S

' 1,500,000
425,000
633.000
1,000.000
700,000

$756,800
496,500
17,200
3,907.200
269.500
1,395.000
1,166,700
37,900
633.000
1,000,000
687,000
58,000
600,000
42,000
200,000
250,000
800,000
1,190,000
175.000
800.000
350,000
347,000

$52.976
29,790
14.832
273,504
13,475
62,775
70,002
2,274
37,980
60,000
34,350
2,900
36,000
2,520
9,000
11,250
48,000
59,50C
7,000
32,000
14,000
15,615

Maine Central Extension (gold)
MaineCentralOldLoan(A.&K.)
Maine Central Consol. Loan . . .
Maine Central Consol. Loan . . .
Maine Central Consol. Loan . .
P &. K Consol Loan

A. RR. Bath City Loan
Leeds and Farm. 1st Mtge
BangorCitvLoamE.&N.A.Ry.)
Maine Central Collateral Trust.
Maine Central Debentures
; Maine Central Sinking Fund . .
Maine Shore Line 1st Mtge.Bds.
M. C. Improvement Bond?, A. .
M. C. Improvement Bonds, B. .
! Portland &Ogd'sb'g,lstMg.B's.
Portland & OgdWg RR. Bds..
Dexter i Piscataquis RR. Loan.
Hereford Ry. Bonds
Upper Coos RR. Bonds

600,000
750,000
200,000

250.000
800.000
20,000 p. m.
175,000
800,000
360,000
21,000p.m.

Upper Coos RR. Bonds
Total

$15,178,800

$898.959

•

The Maine Central 7 per cent, loan of July 1, 1898, is secured on the line from Danville
Junction (29.3 miles north of Portland) to Bangor, 109.5 miles. Bonds coupon, $100, $500,
$1,000. Trustees, Amos D. Lockwood, Lewis Pierce, and Josiah H. Drummond. The
Portland and Kennebec consolidated loan of April 1, 1895, is secured on the line from Port-
land to Augusta, 62.5 miles, and the branch from Brunswick to Bath, 8.7 miles. Bonds
coupon, $100, $200, $500, $1,000. Trustees, Arteinas Libby, James T. Patten, andWm. L.
Putnam. The Maine Central Extension 6 per cent, loan of October 1, 1900, is secured on th«
line from Cumberland Junction to Danville, 18.3 miles. The bonds are in coupon form, for
$500 and $1,000 each ; principal and interest payable in gold. Trustees, Artetnas Libby,
Wui. L. Putnam, and James T. Patten. The Leeds and Farmington 1st mortgage is secured
on the line from Leeds to Farmington, 36.3 miles. Bonds $100, $200, $300, $500, $1,000.
Trustees. Rensallaer Cram, Greorgf E. B. Jackson, and John W. Perkins. The Audroscoggin
and Kenuebec loan of September 1, 1891, is secured on the line from Augusta to Skowhegan,
•n.-2 mil^s. Boirl* coupon, $100. *200. *M)0, and $1,000. Trustees, Stephen J. Young,
Joseph W. Symonds, and John Ware. The Androscoggin RR., Bath City loan of July 1,

356 POOR'S MANUAL — MAINE CENTRAL RR. co.

1891, was issued to aid in the construction of the Androscoggin RR. extension, and is secured
on the line from Brunswick to Leeds, 26.1 miles, and the branch from Crowley's Junction to
Lewiston, 4.7 miles.

The Maine Central consolidated loans of April 1, 1872-1912 are secured on the entire
railroad owned, subject to the lien of prior mortgages. The bonds are divided into four
classes— A, B, C, and D. Of class A, $975,000 are outstanding ; of class B, $2,543,000 ; of
class C, $1,567,700 ; of class D, $486,000. Class B will be increased by the consolidation of
the Maine Central issues ; class C by the Portland and Kennebec bonds and stock ; class D
by the Androscoggin and the Leeds and Farmington issues. The trustees are to reserve an
amount sufficient to retire all other prior issues. Bonds of class A are also reserved for the
purchase of equipment and for funding the floating debt. These bonds are both coupon and
registered, and $100, $500, $1,000, and $5,000 each. The rate of interest on these several
issues of bonds was originally 7 per cent., but bonds have been placed at lower rates when
they could be sold. Issues to September 30, 1891, are as follows : class A, $975,000 at 7 per
cent. ; class B, $1,515,500 at 7 per cent., and $1,019,000 at 4£ per cent. ; class C, $1.306,700
at 7 per cent, and $269,500 at 5 per cent. ; class D, $110,000 at 7 per cent., and $376,000 at
4J per cent.— total, $5,571,700.

The Bangor City loan was issued to aid in the construction of the European and North
American Ry., and is a lien on the portion of that line extending from Bangor to Winn, 55
miles. Under the terms of the lease the Maine Central assumed payment of this issue. The
bonds are in coupon form, for $500 and $1,000 each.

The collateral trust loan of June 1, 1923, is secured by deposit with the American Loan
and Trust Co., of Boston, trustee, of $750,000 6 per cent. 40-year 1st mortgage bonds of the
Maine Shore Line RR. Co., issued to the Maine Central under the terms of a perpetual lease of
the Mount Desert Branch, dated July 16, 1883. The branch was built by the Maine Central
under the charter of the Maine Shore Liue RR. Co. Title to the branch was not to have
become vested in the Maine Central before the retirement of the Maine Shore Line mortgage
bonds ; but in conformance with an act of the legislature passed in January, 1887, the con-
veyance was made in the following year. The Maine Central pays to the Trust Company
the interest on the Maine Shore Line bonds, and from the amount thus received the Trust
Company pays the interest on the collateral trust bonds, and applies the remaining 1 per cent,
to a sinking fund for payment of those bonds at maturity. (See MANUAL for 1891, page 304.)
The bonds are $1,000 each, and in coupon form.

The Maine Central sinking 'fund bonds of February 1, 1905, were issued to provide
means for paying off floating debt incurred, adding to and improving road and rolling stock.
The bonds are for $1,000 gold each, in coupon form, and are redeemable by action of a sink-
ing fund of $16,000 per annum on or after February 1, 1895.

The Maine Central Improvement bonds (classes A and B) are both in coupon form, $1,000
each ; sinking fund for each, 1£ per cent, per annum. Trustees : class A, New England
Trust Co. of Boston ; class B, Boston Safe Deposit and Trust Co. of Boston.

The Portland and Ogdensburg 1st mortgage 6 per cent, bonds of July 1, 1900, are secured
on the line from Portland, Me., to Bartlett, N. H., 61 miles. They are in coupon form, for
$500 or $1,000 each. Trustees, Weston F. Milliken, Philip H. Brown, and Thomas H.
Haskell. The Portland and Ogdeusburg consolidated mortgage bonds of November 1, 1908,
are authorized to the amount of $20,000 per mile. They are secured on the entire property j
of the P. & O. RR. Co., subject to the lien of the $800,000 1st mortgage bonds on the line !
from Portland to Bartlett, and a sufficient amount of them are reserved for retirement of
those bonds. They are in coupon form, for $1,000 each, and are guaranteed principal and
interest by the Maine Central RR. Co. Trustee, Boston Safe Deposit and Trust Company.

The Dexter and Piscataquis loan of July 1, 1889-1929 (coupon $1,000 bonds), is secured i
on 16.54 miles of railroad from Dexter to Foxcroft and Dover. They are guaranteed, prin-
cipal and interest, by the Maine Central RR. Co. Trustee, Boston Safe Deposit ajnd Trust
Co., Boston, Mass.

The Hereford Ry. bonds are coupon, $1,000 each, secured on the line of the Hereford

POOR'S MANUAL — MAINE CENTRAL RR. CO.

357

Ry. (52.63 miles). Principal and interest guaranteed by the Maine Central RR. Co. Trustees,
Frank Jones, Win. M. Farwell, W. B. Ives.

The Upper Coos RR. 4 per cent, bonds of May 1, 1890-1930, are secured on the line from
North Stratford, N. H., to Beecher Falls, Vt., 22.87 miles. They are $500 and $1,000 coupon
bonds, principal and interest guaranteed by the Maine Central RR. Co. The Upper Coos 4|
per cent, bonds are coupon, $1,000 each, and secured on the extension from Beecher Falls to
Quebec Junction, N. H., 32.5 miles. The authorized issue is $21,000 per mile. These bonds
are also guaranteed by the Maine Central. Trustees of both issues : Irving W. Drew, George
W. Armstrong, and Enoch G. Sweatt.

Interest on all issues, except those of the city of Bangor and those of the Hereford Ry.
Co., are payable at the Second National Bank of Boston, the First National Bank of Portland,
and the office of the Treasurer, Portland. Interest on Bangor City loan is payable at the
Merchants' National Bank, Boston ; on the Hereford Ry. Co. bonds at the Massachusetts
National Bank, Boston. Annual meeting, third Wednesday in December.

Statement of operations, capital account, etc., for eight years, ending September 30 :

1884

1885

1886

1887

303.20

535.00
368.11
240.60
93
96
50
1,642
1,022,163
749,431
2,556,104
1,354,977
56,038,192
883,323
68,516,800
S
1,384,226
1,599,688
158,493

1888

1889

1890 1891

Miles of Railroad Owned. .
Miles Operated (average)..
Miles of Track Owned —
Miles of Steel Rail Owned.
Locomotive Engines
Passenger Cars

303.20
496.60
362.65
240.60
82
93
38
1,825
925,345
743,540
2,314,163
1,214,380
49,615,166
758,937
61,632,003

1,197,413
1,475,845
143,114

303.20
527.46
371.21
240.60
84
92
41
1.750
964,568
764,430
2,379,404
1,198,250
48.343.895
788,850
66,503,893

1,190,074
1,502,458
147,247

303.20
535.00
368.11
240.60
87
90
45
1,619
980,017
789,144
2.492,336
1,268,409
51,178,227
863,711
72,972,522

1,264,852
1,585,464
150,760

303.20
542.64

303.20
629.66

303.20
692.33

303.20
821.04

100
97
50
1,743
1,115,867
809,231
2,755,411
1,521.851
61,689,412
1,010,934
82,732,259

1,484,876
1,743,521
160,610

118
118
43

2,187
1,286,902
970,271
3,242,147
1,759,088
66,420,029
1,329,326
97,741,345

1,645.336
1.991,020
191,806

126
129
46
2,433
1,444,231
1,217,567
3,792,C,62
1,933,377
69,254,934
1,720,107

130
133
50
2,869
1,596,254
1,340.235
4,156,959
1,967,695
75.938,045
1,706.155

Baggage, etc., Cars
Freight Cars

Passenger Train Miles
Freight Train Miles

Total Train Miles
Passengers Carried. ...

Passenger Miles

Freight (tons) Moved .
Freight (ton) Miles

Passenger Earnings

109,885,507

1,777,990
2,231,457
217,018

127,851,924
S
1,838.221
2.269.740
216,945

Freight Earnings
Express, Mail, etc

Gross Earnings.. .

2,816,372
1,750,713

2.839.779
1,730,902

3,001,076
1,820,740

3,142,407
1,948,479

3,389,007
2,199,882

3,828,162
2,514,716

4.226,465
2,858,667

4,324,906
2,942,378

Gross Expenses and Taxes.
Net Earnings

1,065,659
10,421

1.108.877
7,828

1,180.336
7,400

1.193.928
8,869

1,189.125
9,920

1,313,446

18,604

1,367,798
43,765

1,382,528
39,074

--

1 Other Receipts
! Available Revenue

1,076,080

189,000
661,395
(6) 215,532
10,153

5,671 30
3,525 39
2.14591
62. 16 p. c.
2.42 c.
2.39 c.

i

3,620.100
700
4.600
10,491,600
9,092
852,891
121,461

1,116,705

189,000
701,767
(6) 215,541
10,397

5.383 86
3,281 58
2,10228
60.95 p. c.
2.46 c.
2.46 c.

3,620,100
700
4,600
11,154,900
9,092
660.690
115.133

1,187,736

189,000
707,129
(6) 215,598
76,009

5,60949
3,403 25
2,206 24
60. 67 p. c.
2.47 c.
2.17 c.

s

3,620,100
300

1,202,797

189,000
717,0«8
(6) 215,598
81,131

5.87366
3,645 01
2,228 65
62. 00 p. c.
2.47 c.
2.33 c.

3,6213,100
100

1,199,045

192,572
734,031
(6) 215,604
56,838

6,234 40
4,054 03
2.18037
64. 92 p. c.
2.41 c.
2.10 c.
8
3.620,100
100

1,332,050

233,427
798,391
(6) 215,616
84,616

6.079 72
3,993 76
2.08596
65.69 p. c.
2.48 c.
2.03 c.
8
3,620,100

1,411.563

284,656
821.165
(6) 215.616
90.127

6,104 69
4.12905
1,97564
67.64 p. c.
2.57 c.
2.03 c.

3,620,100

1,421,602

360,093
828.189
(6) 215.628
17.692

5.267 59
3.5>3 72
1,68387
68. 04 p. c.
2.42 c.
1.77c.

S

4,499,000

Lease Rentals

Bond Interest.

Dividends

Surplus

Gross Earnings per Mile. . .
Gross Expenses per Mile. . .
Net Earnings per Mile
Expenses to Earnings . .
Arer. Rate p. Pass. p. Mile.
Aver. Rate p. Ton p. Mile.

' Stock and Stock Bonds
i P. & Kennebec RR. Stock. .
P. 4k K. 1st Mortgage Bonds
i Funded Debt..

11,125,400
8,992
744,690
198,845

11,598,600
8,992
800,855
294,274

12,391,606 13,266,766
8,992 8,992
1,322,202 1,124,470
353,054 458,500

14,382,400
8.992
1,231,958
555,417

15,178,800
8,992
1,444,714
611,032

! Interest Scrip

Notes. Accounts, etc.

Profit and Loss

Total Liabilities . . .
Maine Central RR
Lease?, Improvement, etc..
Equipment

15,100,444] 15,565,215
10.050.969 10,063,586
1,768.333 1,768,333
1,676.210 1,926.557
786,111 816,455
23,736 130,040
412.486 375.339
382,599; 484,905

15,698,327
10.115.4?^
1,768.333
1,926.557
876,999
130,480
821,972
558,514

16,322,921
10,566,615
1,768,333
1.926,557

885,177
222,082
406,909
547,248

17,696,048
10,635,853
2,885,180
1,926,558
893,757
246,708
427,474
680,518

18,478,762
10,717,623
3.391.581
1,926,558
893,757
547,650
343,684
657,909

19,798,867
11,630,656
4,781,067
1,926,557

4171675
453,595
639,917

21,742,538
11,632.856
5,947,994
2,119,601

867,686
514,857
659.344

MaineShore LineBonds.etc.
Stocks, Bonds, & Other Inv
Supplies and Materials. . . .
Accounts and Cash

Total Assets

15,100,444

15,565,215

15,698,327

16,322,921

17,696,048

18,478,762

19,798,867

21,742,538

358 POOR'S MANUAL — MAINE CENTRAL SYSTEM.

DIVIDENDS.— Beginning with August 15, 1882, the company paid to the close of the last
fiscal year 19 regular seini-annual dividends, aggregating 55£ per cent. On May 12, 1870,
$22.53 per share was paid in interest-bearing scrip.

Annual meeting, third Wednesday in December.

RAILROADS LEASED OR OWNED BY MAINE CENTRAL RR. Co.

BELFAST AND MOOSEHEAD LAKE RAILROAD.— Belfast to Burnham, Me., 33.13 miles.
Incorporated February 28, 1867, and road completed about November 1, 1870. Leased to the Me. Central for 50
years from May 10, 1871, at $36,000 per annum, payable semi-annually May 10 and November 10 Rental year
ending November 1, 1891, $36,000. Payments : Interest on bonds, $7,500 ; dividends (on preferred stock 6 per
cent. ; non-preferred, 3.23J per cent.), $28,377.45 ; expenses, $130— total, $36,007.45. Deficit, $7.45. Capital stock
($267,700 preferred and $380,400 non-preferred), $648,100 ; funded debt, $150,000 ; income balance, $1.78 Contra •
Cost of road, etc., $798,100 ; cash, $1.78. Funded debt consists of mortgage trust bonds, interest payable May
and November ; rate of interest from May 15, 1888, to May 15, 1892, 5 per cent. ; May 15, 1892, to May 15, 1920, 4
per cent. The bonds were issued May 12, 1888, to retire an equal amount of first mortgage bonds fallin°-' due in
1890. After 1892, a sum not less than $3,000 per year will be drawn and paid, and the whole amount will be paid
at expiration of lease in 1920. Trustees of bonds, William B. Swan, Calvin Hervey, A. C. Burgess, Belfast, Me.
The preferred stock is entitled to 6 per cent, dividends, then the non-preferred is entitled to 6 per cent., after
which both share equally. The road is controlled by the City of Belfast, which holds 3,604 shares of non-preferred
and 1,396 shares of preferred stock. Individual stockholders hold 1,281 shares of preferred stock, and the town of
Brooks, 200 shares of non-preferred. Dividends payable June and December, at office of Treasurer. CHARLES
B. HAZELTINE, President ; John H. Quimby, Secretary and Treasurer. GENERAL OFFICE, Belfast, Me.

DEXTER AND NEWPORT RAILROAD.— Newport to Dexter, Me., 14.23 miles. Sidings, 0.5
mile. Chartered March 30, 1853 ; road opened November 25, 1868. Leased for 999 years from November 25, 1888,
to the Maine Central, at $18.000 per year for 10 years, and $6,350 per year thereafter, lessee assuming payment and
discharge of funded debt. Rental, 1890-91, $18,000 ; other receipts, $721.89— total, $18,721.89. Paid interest oil
bonds, $10,554 ; dividends, 6 per cent., $7,320 ; sundry expenses, $143.18— total, $18,017.18. Surplus, $704.71.
Capital stock, $122,000 ; funded debt, $175,000 ; income account, $704.71— total, $297,704.71. Cost of road, etc.,
$297,000 ; investments, $75 ; other assets, $629.71— total, $297,704.71. The funded debt consists of $125,000 Town
of Dexter and $50,000 Town of Corinna bonds, both issues running for 30 years from September 2, 1867, and
interest payable in Dexter, Portland, and Boston, on March 2 and September 2. Dividends payable in Dexter,
March 2 and September 2. C. H. SHAW, President ; Albert F. Bradbury, Treasurer ; Josiah Crosby, Clerk.
Dexter, Me.

DEXTER AND PISCATAQJJIS RAILROAD.— Dexter, Me., to Foxcroft and Dover, 16.54 miles.
Rail (steel), 67£ Ibs. Incorporated October 24, 1888, and road opened in 1889. Leased to the Maine Central RR.
Co. for 999 years, at an annual rental of $12,500. Capital stock paid in, $110,000 ; 4 per cent, bonds, $175,000.
Cost of road, $216,000. Directors : J. B. Mayo, S. O. Frown, F. W. Hill, T. Johnson, George Fisher, T. F. Dyer,
D. R. Straw, W. D. Sewall, J. W. Bradbury. Officers : J. B. MAYO, President ; D. R. Brown, Chief Engineer ;
L. P. Evans, Clerk ; E. A. Thompson, Treasurer. GENERAL OFFICE, Dover, Me.

EASTERN MAINE RAILROAD.— Bangor, Me., to Bucksport, Me., 18.80 miles ; total track, 20.68
miles. Gauge, 4 ft. 8£ in. Rail, 56 Ibs. Organized Februaiy 1, 1882, as successor to the Bucksport and Bangor
RR. Co., whose road was sold under foreclosure in March, 1879. Leased in perpetuity, May 1, 1883, to the Maine
Central, at an annual rental of $9,500. (See MANUAL for 1891.) Rental, year ending June 30, 1891, $9,500;
expenses, $500 ; net income, $9,000. Paid dividends, 4^ per cent., $9,000. Rolling stock not included in lease.
Financial Statement, June 30, 1891.— Capital stock, $200,000 ; current liabilities, $57 ; profit and loss, $126.99—
total, $200,183.99. Contra: Construction, $200,000 ; cash, $183.99— total, $200,183.99. EUGENE HALE, President,
Ellsworth, Me.; G. W. Kimball, Treasurer, Rockland, Me.; L. A. Emery, Secretary, Ellsworth, Me. GENERAL
OFFICE, Rockland, Me.

EUROPEAN AND NORTH AMERICAN RAILWAY. -Bangor, Me., to Vanceboro', Me.
(steel), 114.3. Stillwater Branch: Orono to Stillwater, 3.01 ; Enfield Branch: Enfield to Montague, 3.03— total
1 ength, 120.34 miles. Chartered August 20, 1850 ; road opened in 1871. Leased in perpetuity April 1. 1882, to the
Maine Central RR. Co.. at an annual rental of $125,500, the lessee assuming all liabilities. (See MANUAL for 1891.)
Rental, year ending June 30, 1891, $125,500 ; other receipts, $155— total, $125,655. Expenses, $597.50 ; dividends
(5 per cent.), $124,565— total, $125,162.50. Surplus, $492.50. Financial Statement, June 30, 1891.— Capital stock,
$2,491,000; funded debt, $1,000,000; profit and loss, $99,241.08— total, $3,590,541.08. Contra- Construction,
$3,255,570.23 ; equipment, $330,678.77 ; stock of E. & N. A. Ry., $3,290 ; cash and current assets, $1,002.08-
total, $3,590,541.08. Dividends (each 2£ per cent.) paid at office of treasurer, on April 1 and October 1. NOAH
WOODS, President; A. T. Thompson, Treasurer ; Charles P. Stetson, Clerk, Bangor, Me.

HEREFORD RAILWAY.— Beecher Falls, Vt., to Lime Ridge, P. Q., 52.63 miles. Gauge, 4 ft. 8J in.
Rail (steel), 56 Ibs. Chartered in 1888 ; road opened January 1, 1889. Leased for 999 years to the Maine Central
RR. Co., at an annual rental of $64,500. Capital stock (par, $100), $500,000 ; funded debt, 4 per cent. 40-year
bonds, due May 1, 1930, interest payable May and November, $800,000— total, $1,300,000. Principal and interest
guaranteed by the lessee. Annual meeting in September. Trustees of bonds, Frank Jones. William B. Ives, and
William Farwell. WILLIAM B. IVES, President, Sherbrooke, P. Q. ; Cyrus A. Bailey, Secretary, Cookshire, P. Q.
PRINCIPAL OFFICE, Cookshire, P. Q.

KNOX AND LINCOLN RAILWAY.— Bath, Me., to Rockland, Me. (including ferry). 47.75 miles.
Sidings, etc., 7 miles. Gauge, 4 ft. 8£ in. Rail (steel, 46.75 miles), 56 Ibs. History.— The Knox and Lincoln KR.
was purchased in 1889, by a syndicate who sold it to the Penobscot Shore Line RR. Co., which company issued
$1,300,000 bonds and retired all the old bonds. The name of the company was afterwards changed to the Knox
and Lincoln Ry. Co., which company issued $50,000 bonds up to September 30, 1891. The old (K. it L. l.'IO
stock was all cancelled, and the K. & L. Ry. Co. issued a capital stock of $200,000. Leased for 1,000
from August 1, 1891, to the Maine Central RR. Co., the lessee assuming all obligations of the lessor com-
pany, and agreeing to pay an annual rental equalling $5 per share on 2,000 shares on stock, and $200 for organiza-
tion expenses. Financial Statement, June 30, 1890.— Capital stock (par $100), $200,000; funded debt (1st mort-
gage 4 per cent. 30-year bonds, due August 1, 1920, $1,300,000 ; 2d mortgage 5 per cent. 39-year bonds, due Feb. 1,
1920, $46,000), $1,346,000; current liabilities, $22,090.64 ; interest accrued, $22.625 ; profit and loss, $41, 013.26—
total, $1,631,728.90. Contra : Cost of road, $1,608,432.96 ; cash and assets, $17,105.44; materials, etc., $6^190.50—
total, $1,631,728.90. ARTHUR SEWALL, President; Geo. W. York, Treasurer; David W. Snow, Clerk, Portland,
Me. PRINCIPAL OFFICE, Portland, Me.)

PORTLAND AND OGrDENSBURO- RAILWAY.— Portland, Me., to Lunenburg, Vt., 109.05
miles. Sidings, etc., 21. 79 miles. Gauge, 4 ft. 8* in. Rail (steel), 56 and 60 Ibs. Organized June 6, 1886, as suc-
cessor to the Portland and Ogdensburg RR. Co. (See MANUAL for 1891.)

POOR'S MANUAL OF RAILROADS. 359

The line from Fabvnn's to Scott's, 17.7 miles, was bnilr in 1889. By the foreclosure the old stock was extin-
guished, and the consolidated bonds of November 1. 1S71. with coupons over-due, became the stock of the new
company. Leased for 909 years. May -J(>. isss. to tlu- Maim- < vmral RR. Co., the lessee assuming all liabilities and

inCr to pav yearly dividends of one per cent, for the first three years, and two per cent, thereafter, payable

erfy at the office of the treasurer of the Maine Central RR. Co.. in Portland, on the last days of November,

nary. May, and August. (For amount and description of bonds* outstanding September 30, 1891, see bond
statement on page 355.)

Annual meeting, third Tuesday in January, at Portland, Me. Trustees of bonds, Weston F. Milliken,
Philip H. Brown, and Thomas H. Haskt-11.

Directory (elected January 19, 1892).— S. J. Anderson. H. N. Jose, F. N. Milliken. James F. Hawkes, T. P.
Shaw. Stephen R. Small, Charles F. Libby, G. W. True. Francis Fessenden, Portland, Me.: C. H. Ainsden,
Pennacook, N. H. Officers: S. J. ANUERSO'N, President; J. W. Dana, Treasurer, Portland, Me. PRIXCII-AL
AND ADDRESS, Portland, Me.

UPPER COOS RAILROAD.— Quebec Junction, N. H., to Beecher Falls. Vt., 55.37 miles. Gauge 4 ft.
8* in. Steel rail. Opened from North Stratford to West Stewarlstown, X. H.. 21 miles. December 26, 1887:
extension to Beecher Falls, 1.87 miles, completed in September, 18SS : North Stratford to Quebec Junction, 32.5
miles, in May, 1891. (For amount and description of bonds outstanding September 30, 1891, see bond statement
on page 355.) Leased for 999 years from May 1, 1890, to the Maine Central RR. Co., at an annual rental of $35,500.
GEORGE VAN DYKE, President ; James P. Cook, Treasurer.

Board of Directors, Maine Central RR. Co., elected December 16, 1891.

Pay son Tucker Portland. Me.

Wm. T. Hart Boston, Mass.

William G. Davis Portland, Me.

William A. French. . .Boston. Mass.

T. W. Hyde Bath, Me.

Frank Jones Portsmouth, N. H.

Horatio N. Jose Portland. Me.

Samuel C. Lawrence.Medford, Mass.

Chas. A. Sinclair .Portsmouth. N. H.
Amos Paul . . .So. Newmarket, N. H.

Joseph S. Ricker Deering, Me.

Arthur Sewall Bath, Me.

John Ware Waterville, Me.

ARTHUR SEWALL, President Portland, Me.

Payson Tucker, Vice-President and General Manager Portland, Me.

usurer— George W. York Portland, Me. | Secretary— S. H. Drummond Portland, Me.

Auditor— William W. Colby Portland, Me.

PRINCIPAL OFFICE AND ADDRESS Portland, Me.

MANHATTAN RAILWAY COMPANY.
Lines of Road :

\Ttr- T . j South Ferrv to Harlem River via 3d Ave 8 08 miles.

>, Lines :

^Branches: City Hall, 0.22 mile ; 34th Street, 0.31 mile ; 42d Street. 0.18 mile 0.71 mile.

f Morris St. to 59th St. and 6th Ave 4.83 miles.

Leased . I Chatham Sq. to 129th St., 2d Ave 7.44 miles.

^ Pearl and Beaver Sts. to Chatham Sq. (i). 0.41 mile!

Total length of road operated, June 30, 1891 32.40 miles.

'3d track (owned, 14.32; leased, 18.08), 32.40; sidings (owned, 11.11 ; leased, 14.19), 25.30
miles. Gauge. 4 ft. 8-J in. Rail (steel), 50 to 90 Ibs.

History. — For corporate history and terms under which consolidated stock was issued
n exchange for stocks of the New York and Metropolitan Companies see MANUAL for 1888,
page 188. During the fiscal year 1889-90, the exchange of the capital stock of the New-
Fork Elevated RR. Co. for consolidated capital stock of the Manhattan Ry. Co. was com-
pleted. On June 4, 1891. the company leased, and on the following day began operating,
he lines of the Suburban Rapid Transit Co., and $4,000,000 consolidated stock was issued
;or an equal amount of Surburban Ry. stocks. The operations of the Suburban Rapid
Transit RR. are not included below.

Rolling Stock. — Locomotive engines (owned, 158; leased, 163), 321. Passenger cars
owned, 452 ; leased, 569), 1,021 ; service cars (owned, 14 ; leased, 13), 27.

Operations for year ending June 30, 1891.— Trains (passenger) run, 8,274,370 miles.
Passengers carried, 196,714,199.

Earnings.— Passenger $9,835,709 95

Mail 5,000 00

Use of Terminal Tracks. . . 6.000 00

Total ($303.910.80 per mile) §9,846,709 95

Expenses.— Transportation $3,306,342 63

Motive Power 377,904 29

Maintenance Cars 247.124 41

Maintenance Way & Buildings 558,032 44
General and Taxes 966,225 80

Total ($168,383.63 per mile) $5,455,629 57

360

POOR S MANUAL— MANHATTAN RY. CO.

Net earnings (44.59 per cent.), $4,391,080.38. Add receipts from news advertising, and
telegraph privileges, $113,000— total, $4,504,080.38. Payments : Interest on bonds, $1,897,-
494.02; rentals, Met. E. Ry. Co., $10,000; dividends (6 per cent.), $1,620,000— total,
$3,527,494.02. Balance, surplus, $976,586.36 ; surplus from last year, $1,699,259.28— total
surplus as per general balance sheet, $2,675,845.64.

Statement of operations, capital accounts, etc., for six years (1884-1889) ending Septem-
ber 30, and two years (1890-1891) ending June 30 :

1884

1885

1886

1887

1888

1889

1890

1891

Miles of Road Operated. .
Locomotives

32.39
228
652
6,056,766
96,702,620
$
6,632,954
5,000
73,455

32.39
240
696
6,338,678
103,354,759

6,785,972
5,000
6,000

32.39
266
770
6,635,460
115-109,591

7,338,482
5,000
9,500

32.40
291
921
7,230,799
158,963,232

8,005,887
5,000
91,775

32.40
291
921
7,584,572
171,529,789

8,576,489
5,000
92,383

32.40

291
921
7,661,713
179,497,433

8,974,871
5,000
101,009

32.40
291
921

7,683,520
185,833,632

9,292,682
5,000
92,000

32.40
321
1,021
8,274,370
196,714,199

9,835,710
5,000
119,000

Passenger Cars
Passenger Train Miles . . .
Passengers Carried

Passenger Earnings .
Mails ...

Miscellaneous

Gross Earnings
Operating Expenses

Net Earnings

6,711,409
3,884,949

6,796,972
3,967,983

7,352,982
4,234,601

8,102,662
4,498,463

8,673,872
4,658,191

9,080,880
5,422,394

9,388,682
5,307,130

9,959,710
5,455,630

2,826,460

14,950

2,828,989
203,595

3,118.381
73,234

3,604,199

4,015,681
*

3,658,486

4,081,552

*

4,504,080

*

Other Receipts

Available Revenue
Interest

2,841,410
1,364.080
17,633
1,170,000
207,206
119,943
87,263
57. 88 p. c.

22,845,145

3,032,584
1,439,044
20,000
(6) 1,560,000
209,848
122,506
87,342
58. 37 p. c.

23,967,595

3,191,616
1,511,983
20,000

(6) 1,560,000
127,014
130,738
97,276
57. 59 p. c.

24,367,645

3,604,199
1,534,080
20,000
(6) 1,560,000
250,081
138,841
111,240
55. 51 p. c.

24,638,940

4,015,681
1,534,080
20,000
(6J)1, 300,000
267,712
143,771
123,941
53. 70 p. c.

25,211,270

3,658,486
1,534,080
20,000
(54) t 1,430,000
280,274
167,357
112,917
57. 13 p. c.

25,453,540

'1,506,695
1,159,400
208,841
1,402,068
53,560
1,075,703

4,081,252
1,582,880
15,000
(6) 1,560,000
287,120
163,800
123,320
57. 05 p. c.

25,891,980
14,500,000
1,905,035
24,400
41,486
783,850
9,820
1,983,312

4,504,080
1,897,494
10,000
(6) 1,620,000
307,398
168,383
139,015
54. 78 p. C.
$
29,981,980
18,800,000
1,905,035

50,825
806,007
9,820
2,675,846

Rentals

Dividends

Earnings per Mile
Expenses per Mile
Net Earnings per Mile . . .
Expenses to Earnings

Capital Stock ....

Funded Debt

Reg. Bond Certificates . .
Unfunded Debt

...| -

550,400
873,691
1,219,200
398,858
101,269

250,400
1,753,386
1,364,522
224,505

250,400
861,066
1,410,244
160,655
48,026

900,400
673,328
1,507,739
132,260

1,489,751
678,248
1,543,250
80,230
560,923

Other Liabilities

Current Accounts
St'k Agr't Aug. 1, 1884...
Profit and Loss

Total Liabilities..
N.Y.E1.RR., R'd & Equip.
Leased R'd & Roll. Stock.
Real Est. & Other Inv . .
Materials. . .

25,988,563

27,560,408

27,097,936' 27,852,667

29,563,672

30,860,807

45,140,183

32,143,484
7,483,833
209,585
2,082,572
3,220,708

54,139.513
19.306,598
14,014,000

12,083,678

4,454,088
4,032,866

13,obb,66o
10,888,274
170,074
262,540
1,667,675

14,014,000
12,151,925
85,165
123,337
1,134,376
51 605

14,014,000
12,503,527
127,680
127,384
328,345

14,014,000
12,754,938
173,214
1-21,518
763,351
25,646

27,852,667

14,014,000
13,283,696
223,921

172,832
1,869,223

14,014,000
13,519,686
215.818
572,139
2,539,664

Cash and Cash Assets
Current Accounts
Profit and Loss

Total Assets

25,988,563

27,560,408

27,097,936

29,563,672

30,860,807

45,140,183

54,139,518

* Included in miscellaneous traffic earnings, t Cash, 1 per cent, registered bond certificates, 14f per cent.

General Balance Sheet, June 30, 1891.

N. Y. El. Road and Rolling Stock $19,806,698 38

Lease of Road and Equipment 14,014,000 00

Real Estate and Buildings 1,681,877 42

Stocks Owned 10,401,800 00

Materials and Fuel on Hand 248,283 28

Due by Agents 8990

Open Accounts 4,032,86547

Sundries 1,205,459 71

Jay Gould and John H. Hall, Sureties. . . . 300,000 00

Cash on Hand 115,726 08

Bills Receivable...

Total Assets $54,139,512 78

Consolidated Stock $29,891,980 00

Stock Agreement of August 1 , 1884 9,820 00

FundedDebt 18,800,00000

Interest Accrued 148,850

Current Accounts 43,602

Dividends Unpaid 40,671

Audited Vouchers, etc 572,883 48

Sundriea » 50,82471

Convertible Bond Certificates 1,905,035

Profit and Loss 2,675,845 64

Total Liabilities . . $54,139,512 78

co. 361

Funded debt consisted, June 30, 1891, of—

Man.Ry.Co. Consolidated 4 p. c.m'tge 100-year coupon bonds, due April 1,1990. int. April and October. $9,300,000

E RR Co. 1st mortgage 7 p. c. 30-year coupon bond*, due Jan. 1, 1906, interest January and July. 8,500,000

N. Y. E. RR, Co. Debenture 5 p. c. 30-year coupon bonds, March 1, due 1916, int. March and September. 1,000,000

Regularly quarterly dividends of 1| per cent- eacu have beeu paid upon the consolidated
of this company, from July 1, 1884, to January 1, 1893, with the exception of July
I and October 1, 1888, and January 1, 1889, when the rate was 1 per cent. The dividends of
April 1, July 1, and October 1, 1889, and January 2, 1890, were paid in registered bond
certificates.

Dividends payable January, April, July, and October 1, at 71 Broadway, New York,
N. Y. Interest payable at Mercantile Trust Company, New York, N. Y. Total number of
dividends paid to October 1, 1891, on Manhattan consolidated stock, 30. Stock entitled to
vote after 30 days' ownership. Annual meeting, second Wednesday in November, at com-
pany's office. Books close 30 days previous to annual meeting, and 12 days in advance of
payment of dividends. Registrar of stock, Mercantile Trust Company, New York, N. Y.

By the provisions of the consolidated mortgage the issue of bonds thereunder is limited
in amount to $40,000,000 for the present system of railroads of the Manhattan Ry. Co. and
the Metropolitan Elevated Ry. Co., and to $600,000 a mile of double track and $300,000 a
mile of single track of elevated railway for extensions hereafter constructed or acquired.
The $40,000,000 bonds upon the present property will bear 4 per cent, interest, and interest
on those to be issued on extensions must not exceed 5 per cent. A sufficient amount of the
bonds ($26,648,000) are reserved by the trustee to retire all outstanding prior issues of ihe
New York, Metropolitan, and Manhattan Companies. The bonds are for $1,000 each, gold,
coupon, with privilege of registration as to principal. Trustee, Central Trust Company, New
York. Interest payable at the company's office in New York City.

RAILROADS LEASED BY THE MANHATTAN RAILWAY COMPANY.

METROPOLITAN ELEVATED RAILWAY.-Organized June 17, 1872, first line (Sixth Ave.)
opened June 5. 1878. Leased for 999 years, from February 1, 1879, to the Manhattan Co. at an annual rental equal-
ling 10 per cent, on stock, interest on bonds, and $10,000 for organization expenses. In October, 1881, this lease

;uodified, reducing the dividends on stock to 6 per cent. This modification was not ratified by the stock-
holders of this company, and was therefore abrogated by order of the courts, and a new agreement entered into,
for terms of which see MANUAL for 1888, page 188. Rental, year ending June 30, 1891, $10,000 ; interest account,
$141.15— total income for year, §10,141.15 ; surplus from last year, $60,279.26— total surplus, $70,420.41. Financial
Statement, June 30, 1891.— Capital stock, $6,500,000 ; funded debt, 1st mortgage 6 per cent. 30-year bonds, dated
July 10, 1878, interest January and July, $10,818,000 : 2d mortgage 6 per cent. 20-year bonds, dated November 1,
1879. interest May and November. §4.000,000; unfunded debt, $ 11, 155.90 : income balance, $70,420.41— total, $21.-
399,576.31. Contra : Cost of road, and equipment, $21.318,000 ; other assets. $81,576.31— total, $21,399,576.31.
JAY GOUJ.D, President ; D. W. McWilliams, Secretary and Treasurer, New York, N. Y.

SUBURBAN RAPID TRANSIT RAILROAD.-iin* of Eoad : In New York City, 3.74 miles :
2d track, 3.74 miles. Sidings, 2.54 miles. Gauge. 4 ft. 8^ in. Rail (steel), 60 Ibs. History.— Chartered October
19, 1880, and road opened May 17, 1886. Consolidated with the New York, Fordham and Bronx Ry. Co., April 27,
1886. The road extends from Third Avenue and 129th Street crossing the Harlem River at Second Avenue, thence
between Alexander and Willis Avenues to 145th Street and Third Avenue, thence on Third Avenue to Tremont
Avenue to 171st Street and Third Avenue, with branch from north end of bridge to a connection with Portchester
Branch of N. Y., N. H. & H. RR. On June 4, 1891, the road was leased to the Manhattan Elevated Ry. Co., and
the capital stock was exchanged for an equal amount of consolidated stock. (See statement of Manhattan Ry.
Rolling Stock.— Locomotive engines. 13. Passenger cars, 26 ; service cars, 2. Operations for year ending
Jnne 30, 1891.- Passenger train mileage, 417.624. Passengers carried, 4,488,319. Earnings (passenger), $224,415.95.
Expenses and taxes, $120,755.54. Net earnings, $65,468.99. Paid taxes, $22.735.61. Balance, surplus, $42,733.38.
Surplus from 1890, $28,602.88— total surplus, $71,336.26. Financial Statement, June 30, 1891.— Capital stock (par,
$100), $4.000,000 ; bonds and mortgages, $10,500 ; current accounts, $1,535.20 : profit and loss, $71,336.26— total,
$4,083,371.46. Contra: Costof road, $1,569,845.06 ; equipment, $107,795.13 ; New Jersey Ry. Cons. Co., $2,342,-
880.83; cash, accounts and materials, $62,850.44— total, $4,083,371.46. Officers and Directart.—See Manhattan
Ry. Co.

Board of Directors, Manhattan Ry. Co., elected November 11, 1891.

Jay Gould New York, N. Y.

R.M.Gallaway....

Russell Sage.
Samuel Sloan

Sidney Dillon New York, N. Y. I Cyrue W. Field. . ..New York, N. Y.

George J . Gould. .. " " Edwin Gould

J. Pierpont Morgan " " Chester W. Chapin "

Frank K. Hain " " I Simon Wormser. . . " '•

T. C. Eastman New York, N. Y.

JAY GOULD, President New York City.

George J. Gould, 1st Vice-President " "

Frank K. Hain, 2d Vice-Pres., Gen. Mgr., & Pur. Agt

Sec. and Treat.— D. W. McWilliams. New York, N. Y. [ Auditor— E. F. J. Gaynor New York, N. Y.

PRINCIPAL AND TRANSFER OFFICES 71 Broadway, New York City.

362

POOR'S MANUAL OF RAILROADS.

MANISTIQUE RAILWAY COMPANY.

Main Line of Road. — Main River Landing to Baker's Camp 42 miles.

Brandies : Main line to Camp 7, 1.50 miles ; to Camp 24, 2 miles ; to Camp 10, 1.75

miles ; to O'Neil's Camp, 0.75 mile— total 6 miles.

Total length of lines, December 31, 1891 48 miles.

Sidings, 6 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History. — Chartered September 18, 1886 ; amended articles of association filed October
21, 1889. Road first 6pened October 20, 1886.

Rolling1 Stock. — Locomotive engines, 3. Cars — platform, 95 ; caboose, 3 ; log, 40.
' Operations for year ending December 31, 1891.— Train mileage— (freight), 51,000 miles-
Passengers carried, 3,000 ; carried one mile, 72,000. Tons of freight moved, 225,002; moved
one mile, 5,762,702. Earnings— passenger, $2,014.94 ; freight, $121,527.81— total, $123,542.75.
Operating expenses — transportation, $53,319.15 ; motive power and maintenance of cars,
$10,017.23 ; maintenance of way and buildings, $11,842.17 ; general, $4,085.90— total, $79,-
264.45. Net earnings, $44,278.30. Paid .interest on debt, $7,229.12. Balance, surplus,
$37,049.18. Surplus forward, $74,025.41— total surplus, $111,074.59.

General Balance Sheet, December 31, 1891.

Cost of Road $327,624 53

Cost of Rolling Stock 71,875 21

Materials and Fuel 5,735 00

Current Accounts 5,581 17

Cash on Hand... .... 2,25661

Capital Stock (par, $100) $15o,000 00

Bills Payable 60,000 00

Current Accounts 91,99793

Profit and Loss 110,074 59

Total Assets $413,072 52 Total Liabilities $413,072 52

Annual meeting, January 1, at Detroit, Mich. Capital stock authorized, $500,000.
Directors.— R. A. Alger, M. S. Smith, J. C. McCaul, A. J. Fox, Detroit, Mich. ; R. K.
Hawley, Cleveland, O. ; L. A. Hall, Bay Mills, Mich.

M. S. SMITH, President Detroit, Mich.

Vice- President— Lewis A. Hall Bay Mills, Mich. | Treasurer and Secretary— 3. C. McCaul. .Detroit, Micb..

PRINCIPAL OFFICE AND ADDRESS Detroit, Mich.

MARICOPA AND PHCENIX RAILROAD COMPANY.

Line of Road.— Maricopa, Ariz. Ter., to Phoenix, Ariz. Ter 84.36 miles.

Sidings, 2.60 miles. Gauge, 4 ft. 8£ in. Rail (steel, 36.96 miles), 40 Ibs.

History.— Chartered June 1, 1886. Road opened July 4, 1887.

Rolling Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 2 ; baggage,
mail, and express, 1 ; freight (box, 10 ; platform, 8), 18 — total cars, 21.

Operations for year ending June 30, 1891. — Train mileage — mixed, 26,040 ; other, 450
— total, 26,490 miles. Passengers carried, 7,892 ; carried one mile, 197,300; average mile rate,
9.92 cents. Tons freight moved, 17,935 ; moved one mile, 555,985 ; average ton-mile rate,
9.94 cents. Earnings— passenger, $19,582.60 ; freight, $55,304.27 ; mail, $1,454.15; express,
$829.73 ; other, $935.98— total, $78,106.73. Expenses— transportation, $20,862,73 ; motive
power and maintenance of cars, $2,832.14; maintenance of way and buildings, $18,092.62 ;
general expenses, $14,642.51— total, $51,430. Net earnings, $26,676.73. Add other re-
ceipts, $1,005.53— total available revenue, $27,682.26. Payments : Interest on bonds, $32,-
400 ; taxes, $2,258.93— total, $34,658.93. Balance, deficit, $6,976.67 ; surplus from last year,
$1,992.72 ; net deficit, $4,983.95.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $600,000 ; funded debt
(1st mortgage 6 per cent. 30-year $1,000 gold coupon bonds, due November 1, 1916, interest
May and November), $540,000 ; subsidy, $200,000 ; interest accrued, not yet payable, $5,400
—total, $1,345,400. Contra: Cost of road, $1,340,000 ; cash and accounts, $416.05; profit
and loss, $4,983.95— total. $1,345,400.

POOR'S MANUAL OF RAILROADS. 363

Annual meeting, third Tuesday in January, at Phoenix, Arizona. Books close thirty days
previously. Interest on bonds payable at office of trustee, Farmers' Loan and Trust Co., New
York, X. Y.

Directors (elected January 20, 1891). — X. K. Masren, Sidney M. Smith, Francis Cutting,

Francisco, Cul. ; C. S. Masten, John Dennis, John R. Loosley, Frank Baxter, Phoenix,
Arizona Ter.

X. K. MA.STEN, President San Francisco, Cal.

C. S. Masten, Vice-President, Manager, and Treasurer. Phoenix, Arizona Ter.
-SVr. ((• Parch. Agt.—¥. I. Kendall.. San Francisco, Cal. [ Aud. <fe Gen. Fgt. Agt.—D. P. Conroy.. Phoenix, Ariz. Ter.

PRINCIPAL OFFICE AND ADDRESS , Phoenix, Arizona Ter.

Transfer Office 509 Montgomery St., San Francisco, Cal.

MARINE RAILWAY COMPANY.

Line of Road. — Manhattan Beach Hotel to-Brighton Beach, Coney Island, X. IT. 0.326 mile.
2d track, 0.326 ; sidings, 0.036 mile. Gauge, 4 ft. Si in. Kail (steel), maximum, 62£ Ibs.

History.— Chartered February 27, 1878 ; road opened July 19, 1878.

Rolling Stock. — Locomotive engines, 2. Passenger cars, 4.

Operations for year ending June 30, 1891. — Passengers carried, 466,912. Gross earn-

^11,672.80. Expenses — maintenance of way and equipment, $1,588.51 ; transportation

and general, $9,874.52— total, $11,463.03. Xet earnings, $209.77. Payments : Rentals,

$500 ; other payment?, $55.30 — total, $555.30. Deficit for year, $345.53. Surplus forward,

$30,357.91— net surplus, $30,012.38.

Financial Statement, June 30, 1891.— Capital stock, $50,000; current accounts, $12,-
395.18; profit and loss, $30,012.38— total, $92,407.56. Contra: Construction, $69,514.11 ;
equipment, $21,327.52; current accounts, $1,565.93— total, $92,407.56.

Directors (elected at annual meeting in December). — Austin Corbin, New York, N. Y. ;
D. S. Voorhees, Woodbridge, N. J. ; Henry Graves, Orange, X. J. ; Everett R. Reynolds,
New York, N. Y. ; George S. Edgell, Xew York, N. Y. ; J. R. Maxwell, H. W. Maxwell,
Brooklyn, X. Y.

AUSTIN CORBIN, President 192 Broadway, New York, N. Y.

Via- President— E. R. Reynolds New York, N. Y. | Secretary— D. S. Voorhees ... ... .New York, N. Y.

Treasurer— Wm. G. Wheeler New York, N. Y.

OFFICE AND ADDRESS 192 Broadway, New York, N. Y.

MARTHA'S VINEYARD RAILROAD COMPANY.

Main Line of Road.— Cottage City, Mass., to Katama, Mass 8.33

Katama Branch : Katama to South Beach, Mass 0.45—8.78 miles.

Sidings, O.oO mile. Gauge, 3 ft. Rail, 30 Ibs.

History.— Chartered in 1874 ; road opened August 24, 1874. The Old Colony RR. Co.
commenced foreclosure proceedings in 1890 ; took possesion of the road, and now holds the
same as mortgagees.

Rolling Stock. — Locomotive engine. 1. Cars — passenger, 3; baggage, etc., 1 — total, 4.

Operations for year ending June 30, 1891. — Train mileage (passenger), 6,600 miles.
Passengers carried, 15,385 ; carried one mile, 92,310 ; average mile rate, 5.42 cents. Earn-
ing*— passengers, $5,000.25; freight, $462.80; mail, $175; other, $102.50— total, $5,740.55.
Operating expenses — transportation, $1,364.25 ; maintenance of equipment, $521 ; mainte-
nance of way, etc., $2,223.49; general, $245 25— total, $4,353.99. Net earnings, $1,386.56.
Payments: Interest on bonds, $2,000; otlier interest, $397.50; taxes, $84.12— total, $2.-
481.62. Deficit for year, $1,095.06.

Financial Statement, June 30, 1891.— Capital stock, $40,000 ; funded debt, 1st mortgage
5 per cent. 10-year bonds, due November 1, 1894, $40,000; loans and bills payable, $3,000 ;

364 POOR'S MANUAL OF RAILROADS.

wages and salaries, $3,543.26 ; accrued interest, $397.50 ; matured interest coupons unpaid
(including coupons due July 1), $9,227.76 ; profit and loss, $12,931.20— total, $109,099.72.
Per contra: Railroad, $91,512.09 ; equipment, $14,216.39 ; real estate, etc., $3,371.24.
Annual meeting held in October.

CHARLES F. CHOATE, \ Trustees \ Southboro', Maes.

FRED. L. AMES, J ( North Easton, Mass.

Jos. M. Ward well, Treasurer and General Manager Edg^rtown, Mas*.

MARY LEE COAL AND RAILWAY COMPANY.

T ' f « n f East Birmingham, Ala., to Lewisburg, Ala 6.00 miles.

[ ' I Lewisburg, Ala., to Mine No. 2, 0.75; to Coke Ovens, 0.75. . .1.50 miles.

Totel length of lines completed, December 31, 1891 7.50 miles.

Sidings, 1 mile. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History.— Chartered September 18, 1888. Road completed as above in October, 1889.
Graded to Mine No. 2; 1 mile beyond terminus. Extensions are projected from Lewisburg
to Vulcan Mines, 3 miles, and from Lewisburg to Mine No. 3, 1 mile.

Rolling1 Stock. — Locomotive engine, 1. Cars — passenger, 1; freight, coal, and coke
(owned, 10 ; leased, 30), 40— total cars, 41.

Operations for year ending June 30, 1891.— Receipts (railway, $14,275.46 ; mines, $158,-
279.01), $172,554.47. Operating expenses (railway, $6,461.17 ; mines, $130,465.21), $136,-
926.38. Net earnings (railway, $7,814.29 ; mines, $27,814.80), $35,628.09. Add rents, $2,-
483.30; store profit, $327.51— total income, $38,439.90. Paid interest on bonds, $13,750;
sinking fund, $2,422.88— total, $16,172.88. Net profit, $22,267.02.

Financial Statement, May 1, 1891.— Capital stock (par, $100), $500,000 ; funded debt
($122,000 1st mortgage 7 per cent. $1,000 bonds, dated March 15, 1889, interest payable
March and September ; and $60,000 2d mortgage bonds, dated July 15, 1890, due 1910, inter-
est 7 per cent., payable January 15 and July 15), $184,000 — total stock and bonds, $684,000.
Of the first mortgage bonds, $25,000 mature in 1894 ; $25,000 in 1899 ; $24,000 in 1904 ; and
$50,000 in 1909 ; the total amount of seconds authorized is $100,000, of which $67,000 have
been to build coke ovens, purchase additional land, put in opening No. 2, and extend rail-
road to Mine No. 2. The remainder of these bonds ($33,000) is in the treasury. In addition
to its railroad this company owns 2,000 acres of coal land, and controls 640 acres more ; it
also owns 74 houses at Lewisburg, 30 lots at Forest City, and 5 acres of land in East Bir-
mingham. It has 111 coke ovens in operation and 190 projected ; is working one coal mine
capable of yielding 1,000 tons daily, and has a second (to have same capacity) sunk to depth
of 182 feet. During the past year the company added extensive coal washing plant, includ-
ing elevators, bins, engines, pumps, etc., necessary for working 400 tons per day of 10 hours.

Annual meeting, first Monday in October. Trustee of bonds, the Mercantile Trust and
Deposit Co. of Baltimore, Baltimore, Md. Financial Agents, Brown & Lowndes, Balti-
more, Md.

Directors (elected in October, 1891). — J. A. Montgomery, Geo. W. West, John R. Ryan,
Birmingham, Ala.; J. Wilcox Brown, Douglas H. Gordon, Baltimore, Md.

J. A. MONTGOMERY, President and General Manager. . . .Birmingham, Ala.
Vice-Pres. & Treas.—Geo.W. West. Birmingham, Ala. | Secretary— -F. M. Frazier Birmingham, Ala.

PRINCIPAL OFFICE AND ADDRESS Birmingham, Ala.

MASON CITY AND FORT DODGE RAILROAD COMPANY.

Main Line of Road.— Mason City, la., to Lehigh, la 88.4

Coalmlle Branch : Carbon Junction to Coalville, la 3.6—92.0 miles.

Sidings, 6.16 miles. Gauge, 4 ft. 8£ in. Rail (steel, 93.45 miles), 56 and 60 Ibs.

POOR'S MANUAL OF RAILROADS. 365

History.— Organized May 23, 1881 ; road opened November 21, 1886.

Rollins: Stock.— Locomotive engines, 5. Cars— passenger, 3 ; baggage, etc. , 1 ; freight
(box, 27 ; stock, 17 ; coal, 80), 124 ; derrick, 1 ; caboose, 1— total cars, 130.

Operations for year ending June 30, 1891.— Train mileage— passenger, 54,477; freight,
51,667— total, 106,144 miles. Passengers carried, 48,819 ; carried one mile, 939,579 ; average
mile rate, 2.96 cents. Tons freight moved, 96,319 ; moved one mile, 2,815,542; average ton-
mile rate, 2.83 cents. Earnings— passenger, $27,812.35 ; freight, $79,158.79 ; mail, $3,972.-
60 ; express, $568 ; other, $719.31 — total, $112,231.05. Expenses — maintenance of way,
$29,253.37 ; rolling stock, $8,706.72 ; transportation, $27,834.43 ; general and taxes, $19,-
481.07— total, $85,275.59. Net earnings, $26,955.46. Interest on funded debt accrued, $82,-
800. Deficit for year, $55,844.54 ; deficit from 1890, $291,763.59— total, $347,608.13.

Financial Statement, June 30, 1891.— Capital stock authorized (par, $100), $5,000,000 :
issued, $920,000 ; funded debt, 1st mortgage 6 per cent. 40-year bonds, due July 1, 1926, in-
terest payable January and July, $1,380,000; bills payable, $38,865.24; current accounts,
$1,686.56 ; unpaid coupons, $414,000— total, $2,754,551.80. Contra : Cost of road and equip-
ment, $88,089.34; stock and bonds, $2,300,000 ; materials and supplies, $11,249.54; bills re-
ceivable, $1,583.75; current accounts, $2,272.89 ; cash, $3,748.15 ; profit and loss, $347,608.13.

Annual meeting, third Tuesday in May, at Fort Dodge, la.

Directors (elected May 19, 1891).— James J. Hill, William A. Stephens, "E. P. Hickey,
D. C. Shepard, St. Paul, Minn.; Hamilton Browne, Fort Dodge, Ta.

WM. A. STEPHENS, President St. Paul, Minn.

Hamilton Browne, Vice-President Fort Dodge, la.

Secretary and Trea*.—S. T. Meservey. .Fort Dodge, la. | Auditor— K. W. Eager Mason City, la.

PRINCIPAL, OFFICE AND ADDBESS . Fort Dodge, la.

OPERATING OFFICE Mason City, la.

MEMPHIS AND CHARLESTON RAILROAD COMPANY.

Main Line of Road.— Memphis, Tenn., to Stevenson, Ala 272 miles.

Somerville Branch : Moscow to Somerville, Tenn 14

Florence Branch : Tuscumbia to Florence, Ala 6 — 20 miles.

Trackage : Nashville, G. & St. L. Ry.: Stevenson, Ala., to Chattanooga, Ala 38 miles.

Total length of lines operated, June 30, 1891 330 miles.

Sidings, etc., 56.03 miles. Gauge, 4 ft. 9 in. Rail (steel, 292 miles), 56 Ibs.

History.— Chartered February 2, 1846 ; road opened July 4, 1858. The branch from
the depot to the levee in Memphis was constructed in 1875-76. The road was leased to the
East Tennessee, Virginia and Georgia RR. Co. June 2, 1877, for 20 years from July 1, 1877,
the lessee agreeing to pay over to this company any surplus of net earnings after paying
interest on bonds. On April 29, 1887, a cancellation of this lease was entered of record in
the Chancery Court at Memphis, Tenn., and formal transfer of the railroad and property
was thereupon made. The road is controlled by the East Tennessee, Virginia and Georgia
RR. Co.. through ownership of a majority of the capital stock.

The Nashville, Chattanooga and St. Louis Ry. tracks are used under a 10-year contract,
dated October 1, 1880, at a rental of $5,000 a month.

A contract has been entered into between the Memphis and Charleston RR. Co. and the
Nashville, Florence and Sheffield RR. Co., for the joint use of the Florence Bridge, its
approaches, and such part of the Florence Branch as the Nashville, Florence and Sheffield
RR. Co. may desire to use, to obtain an entrance into the town of Sheffield.

Rolling Stock, June 30, 1891. — Locomotive engines, 42. Cars — passenger, 23; sleeping,
J; combination, 1 ; baggage, mail, and express, 13; pay, 1 ; freight (box, 629 ; platform,
58 ; stock, 42 ; coal, 2-30 ; caboose, 28), 1,177 ; derrick car, 1 ; pile driver, 1 ; maintenance
of way, 19— total cars, 1,239. Also 1 steam shovel.

366

POORS MANUAL — MEMPHIS AND CHARLESTON RR. CO.

Operations for year ending June 30, 1891. — Train mileage — passenger, 543,145 ; freight,
869,061; work, 41,071; switching, 265,483— total, 1,718,760 miles. Passengers carried,
437,118 ; carried one mile, 21,498,835 ; average mile rate, 2.34 cents. Tons freight moved,
807,877 ; moved one mile, 129,719,895 ; average Ton-mile rate, 0.869 cent.

Burnings.— Passenger $503,780 07 ; Expenses.— Transportation

Freight 1,128,103 89 j Motive Power

Mail 44,588 37 Maintenance of Cars . .

Express
Miscellaneous

26,871 00
44,11794

Maintenance Way & Buildings.
General and Taxes . . .

$546,509 36
345,141 78
82,316 99
183,344 42
127,298 66

Total ($5,295.34 per mile) $1,747,461 27 Total ($3,892.76 per mile) $1,284,611 21

Net earnings (26.48 per cent.), $462,850.06. Add proceeds from adjustment of stock
claims, $25,000 ; miscellaneous receipts, $4,181.42 — total income, $492,031.48. Payments :
Interest on bonds, $376,680; on car trust and commission, $15,049.18 ; uncollectible balances
due by ex-agents prior to 1885, $732.04 ; miscellaneous expenses, $3,406.16 — total, $395,-
867.38. Balance, surplus for year, $96,164.10. Deficit forward, $153,495.95— net deficit as
per general balance sheet, $57,331.85.

Statement of earnings, expenses, etc., for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Gross Earnings
Operating Expenses?

$
1,394,020
958,108

$
1,384,905
1,057,284

$
1,329,921

899,847

1,606,762
1,195,491

1,759,732
1,259,974

1,617,928
1,228,738

1,783,729
1,269,001

1,747,461
1,284,611

Net Earnings
Gross Earnings per Mile
Gross Expenses per Mile. . .
Net Earnings per Mile
Expenses to Earnings

435,911
4,2^4 30
2,903 35
1,320 95
68. 73 p. c.

327,621
4,19668
3,188 73
1,007 95
76. 74 p. c.

430,074
4,030 06
2,726 81
1.303 25
67. 66 p. c.

411.281
4,869 00
3,622 70
1,246 30
74.71 p. c.

499,758
5,332 52
3.818 10
1,514 42
71. 61 p. c.

389,190
4,902 81
3,723 45
1,179 36
75. 95 p. c.

1514,728
5,405 24
3,845 46
1,559 78
71. 14 p. c.

462,850
5,295 34
3,892 76
1,40258
73. 52 p. c.

General Balance Sheet, June 30, 1891.

Road, Equipment, and Real Estate

Extensions and Other Improvements. . ,

Real Estate and Other Properties

Stocks and Securities Owned

Car Trust Company

Materials

Sundry Dues, Accounts, and Cash

Profit and Loss . .

.$10,209,611 12
196,043 75
32,606 97

336,610 08

104,658 81

194,758 42

57,331 85

Total Assets $11,155,516

Capital Stock $5,312,725 00

Funded Debt 5,524,000 00

Bills Payable 170,025 00

Unpaid Vouchers and Pay Rolls. June, 1891 119,240 93

Current Accounts

A. Iselin & Co., Financial Agents

Treasurer, New Decatur Terminal Co

Back Pay Rolls

1.623 71

400 00

2,592 80

Total Liabilities...

,...$11,155,516 80

Statement of funded debt outstanding, June 30, 1891 :

First and second extension bonds, dated 1854, extended 1889, due Jan. 1. 1915, interest Jan. and July . . $2,155,000
Second mortgage 7 per bent, bonds, dated Jan. 1, 1867, due Jan. 1, 1885 (renewed), int. Jan. and July. . 105,000
First mortgage (Tenn. Division) 7 per cent. 40-year gold bonds, due Jan. 1, 1916, interest Jan. and July 1,400,000
Consolidated mortgage 7 per cent. 40-year gold bonds, due Jan. 1, 1916, interest Jan. and July 864,000

General mortgage 6 per cent. 40-year gold bonds, due Jan. 1, 1924, interest Jan. and July

1,400,000
864,000
1,000,000

The authorized amount of consols of 1916 is $4,700,000, of which 1,400 bonds (1 to 1,400)
are assigned to the liquidation of the State lien ; 1,436 bonds (1,401 to 2,836) to the discharge
of the 1st mortgage bonds ; and 1,000 bonds (2,837 to 3,836) to the discharge of the 2d mort-
gage bonds. Trustee : The Farmers' Loan and Trust Company of New Yprk.

The general mortgage bonds were issued in 1886, in accordance with the authority
ferred at stockholders' annual meeting in 1883, and the proceeds applied to the discharge of
the floating debt and matured coupons. These bonds are $1,000 each, interest payable at
office of A. Iselin & Co., 36 Wall Street, New York, N. Y. Trustee, Central Trust Company,
New York, N. Y.

The general mortgage 6's of 1924 are on the regular list, and the stock and Tennessee
Division firsts on the special list of the New York Stock Exchange.

POOR'S MANUAL OF RAILROADS. 367

Board of Directors, elected November, 1886 (with changes to Jan. 6, 1891).

S. M. Felton New York, N. Y.

E. H. R. Lyman.. .

Calvin S. Brice Lima, O.

Samuel Shethar. . . .New York, N. Y.

Samuel Thomas. . .New York, N. Y.
John H. Inman. ... "

J. C. Neely Memphis, Tenn.

H. S. Chamberlain.Chattan'ga,Tenn.

C. M. McGhee New York, N. Y.

John G. Moore.. .. "

Napoleon Hill Memphis, Tenn.

L. M. Schwan New York, N. Y.

Addison White Huntsville, Ala.

C. M. McGHEE, President . New York, N. Y.

S. M. Felton, 1st Vic ~c-P 'resident

Henry Fink, 2d Vice- President

••y—'L. M. Schwan New York, N. Y. | Treasurer— R. C. Wilton Memphis, Tenn.

GENERAL OFFICES Memphis, Tenn.

Transfer Office 80 Broadway, New York, N. Y.

MERIDEN, WATERBURY AND CONNECTICUT RIVER RAILROAD CO.

Line of Road.— Cromwell, Ct., to Waterbury, Ct 29.50

Branch : In City of Meriden, Ct 84—30.34 miles.

Sidings, 5.95 miles. Gauge, 4 ft. 84- in. Rail (steel), 56 Ibs.

History. — Consolidation June 9, 1888, of the Meriden and Cromwell RR. Co. (chartered
July 10, 1882 : road opened from Meriden to Cromwell, Ct., 10.50 miles, April 6, 1885), and
the Meriden and Waterbury RR. Co. (chartered May 24, 1887 ; road from Meriden to Water-
I bury, Ct., was opened July 14, 1888). Purchased early in 1892 by, or in the interest of, the
New York and New England RR. Co.

Rolling1 Stock, June 80, 1891. — Locomotive engines, 5. Cars — passenger, 10 ; freight
I (box, 18 ; platform, 20 ; coal, 116), 154 : derrick, 1— total cars, 165.

Operations for year ending June 30, 1891. — Train mileage — passenger, 42,973 ; freight,
38,925 ; other, 24,936— total, 106,834 miles. Passengers carried, 64,632 ; carried one mile,
| 663,090 ; average mile rate, 2.87 cents. Tons freight mov«d, 130,921 ; moved one mile,
1,574,041 ; average ton-mile rate, 4.05 cents. Earnings — passenger, $18,995 ; freight, $63,-
745.07; express, $3,000; other, $1,278.08— total, $87,018.45. Operating expenses— trans-
portation, $49,189.83 : maintenance of way, etc., $23,718.19 ; maintenance of equipment,
; 26.66; general, $10,260.01— total, $92,594.09. Deficit from operations, $5,576.24. Re-
ceived from rental of real estate and discount, $105.93. Net deficit, $5,470.31. Charges
against income : Interest on bonds, $24,000 : on debt, $39,385.34 : taxes, $20.70— total,
$63,406.04. Deficit for year, $68,876.35. Deficit from 1890, $114,. 754. 56— total deficit,
$183,630.91.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $500,000 ; funded debt,
$400,000 ; bills payable, $810,820 ; current accounts, $14,181.15 ; deferred interest, $39,109.-
37 ; cash over draft, $8,760.87— total, $1,772,871.39. Contra : Cost of road, real estate, etc.,
$1,418,14366; rolling stock, $132,857.06; materials and fuel, $5,377.15; bills receivable,
$26.96; current accounts, $32,835.36; profit and loss, $183,630. 91 -total, $1,772,871.39.

Funded debt consists of 1st mortgage 5 per cent. 37-year $1,000 coupon bonds, due
July 1, 1925 : interest payable January and July ; amount authorized, $600,000 ; outstand-
ing, none; also 2d mortgage 6 per cent. 56-year $1,000 coupon bonds, due July 1, 1925,
interest payable January and July, outstanding, $400,000.

Annual meeting, second Tuesday in -November, at Meriden, Conn. Trustees of bonds,
1st mortgage, A. Chamberlain and C. L. Rockwell, Meriden, Conn. ; 2d mortgage, H. C. Wil-
cox and A. S. Chase, Waterbury, Conn.

Directors (elected November 10, 1891). — Qeo. H. Wilcox, George R. Curtis, Samuel
i Dodd, A. Chamberlain, C. L. Rockwell, Meriden, Ct. ; A. S. Chase, E. D. Steele, H. A. Mat-
thews, H. L. Wade, Waterbury, Ct.

GEO. H. WILCOX, President Merideu, Ct.

E. D. Steele, Vice-President Waterbury, Ct.

:/ ct- Treasurer— Geo. Rockwell. . .Meriden, Ct, | Superintendent— C. M. Crawford Meriden, Ct.

PRINCIPAL OFFICE AND ADDRESS Meriden, Ct.

368

POOR'S MANUAL OF BAILROADS.

MIDDLEBTTRG AND SCHOHARIE RAILROAD COMPANY.

Line of Road.— Middleburg, N. Y., to Schobarie, N. Y 5.75 miles.

Sidings, etc., 1 mile. Gauge, 4 ft. 8£ in. Rail (steel, 2 miles), 45 and 56 Ibs.

History.— Chartered May 8, 1867 ; road opened October 19, 1868.

Rolling: Stock, June 30, 1891.— Locomotive engine, 1 ; passenger car, 1 ; otber car, 1.

Operations for year ending June 30, 1891.— Train mileage (mixed), 11,000. Passengers
carried, 12,172 ; carried one mile, 68,483 ; average mile rate, 5.63 cents. Tons freight moved,
5,300 ; moved one mile, 30,325 ; average mile rate, 15.02 cents. Earnings — passenger, $3,-
852.25; freight, $4,551.94; mail, $254.36; express, $356.63; other, $15— total, $9,034.18.
Expenses — maintenance of way, $3,738.76 ; motive power and cars, $833.83 ; transportation,
$2,798.84; general, $529.40— total, $7,900.83. Net earnings, $1,133.35. Payments: Interest
on bonds, $1,080 ; taxes, $490.14— total, $1,570.14. Balance, deficit, $436.79 ; deficit for-
ward, $44.04— total, $480.83.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $85,000 ; funded debt,
$18,000 ; interest on funded debt due and accrued, $270 ; bills payable, $3,400 ; current
accounts, $281.65— total, $106,951.65. Contra : Cost of road, $94,875 ; equipment, $8,875 ;
cash on baud, $1,090.67 ; current accounts, $1,630.07 ; profit and loss, $480.83.

Funded debt consists of 1st mortgage 6 per cent, bonds of two issues : first issue, dated
1869-1871, interest February and August, $10,000; and second issue, 1870-1872, interest
April and October, $8,000— total, $18,000. Annual meeting, fourth Monday in March, at
Middleburg, N. Y.

Directors (elected in March, 1891). — Grandeson N. Frisbie, Jacob Neville, Peter S. Dan-
forth, Duryea Beekman, William H. Engle, G. L. Danforth, Dow Beekman, A. J. Freerneyer,
H. A. Vroman, D. D. Frisbie, William E. Thome, Nathaniel Manning, Middleburg, N. Y.;
John H. Mattice, Fultou Lane, N. Y.

GRANDESON N. FRISBIE, President Middleburg, N. Y.

Treasurer & Supt.— Peter S. Danforth. Middleburg, N.Y. | Secretary— Duryea Beekman Middleburg, N. T.

PRINCIPAL OFFICE AND ADDRESS Middleburg, N. Y.

MILLEN AND SOUTHERN RAILWAY COMPANY.

Line of Road. — Millen, Ga., to Stillmore, Ga 32 miles.

Sidings, etc., 4 miles. Gauge, 4 ft. 8£ in. Rail (steel, 16 miles), 45 and 50 Ibs.

History. — Chartered March 26, 1890, as successor to the Rogers and Summit RR. Co.
(See MANUAL for 1891, page 1072.)

Rolling1 Stock, December 31, 1891. — Locomotive engines, 5. Cars — passenger, 1 ; com-
bination, 2 ; freight, 17 — total cars, 20.

Operations. — Comparative statement of earnings and expenses for two years :

Years Ending December 31.

Passenger.

Freight.

Mail.

Total
Earnings .

Operating
Expenses.

Net
Earnings.

1891

6 85763

36 782 82

1 34014

$
44,980 58

$
23,805 95

21.T74G3

1890

5,353 51

26,297 55

1,378 08

33,029 14

19,886 63

13.14351

Financial Statement, December 31, 1891.— Capital stock (par, $100) authorized, $600,000;
paid in, $120,000; other liabilities, $50,000 — total, representing cost of road and equipment,
$170,000. Annual meeting, first Tuesday in April.

Directors.— Loring R. Millen, New York, N. Y. ; William B. Stillwell, Savannab, Ga.:
Joseph W. Preston, Mat-low, Ga. ; Lemuel Johneon, Waycro^s, Ga.

LOKING R. MILLEN, President New York, N. Y.

William B. Stillwell, Vice- President Savannah, Ga.

Trtas. and Gen. Man.— Joseph W. Preston. Mil Jen, Ga. | Secretary— W. F. Baker Savannah, Ga.

PRINCIPAL OFFICE AND ADDRESS Millen, Ga.

POOR'S MANUAL OF BAILBOADS.

369

MILWAUKEE AND NORTHERN RAILROAD COMPANY.

(For map of this road see page 141.)

Main Line of Road.— N. Milwaukee, Wis. , to Champion, Mich 254.20 miles.

Hilbert Branch : Hilbert, Wis., to Menasha, Neenah, and Appleton, Wis. 22.00
Jfenominee Branch: Ellis Junction, Wis., to Marinette, Menominee, and

Minnekaunee, Wis 27.55

Oconto Branch : Oconto Junction, Wis., to Oconto, Wis 12.50

Ontonaqon Branch : Sidnaw, Mich., to Ontonagon, Mich 46.00 — 108.05 miles.

n xr s c, « » IS. Milw'kee, Wis., to X. Milw'kee, Wis.. .9.1
Trackage: <7., M. & H.P. Hy.: ichestnuti St. Sfn, Wis., toN. M'kee, Wis. 6.1— 15.20 miles.

Total length of all lines operated June 30, 1891 377.45 miles.

Sidings, 83.71 miles. Gauge, 4 ft. 8£ in. Rail— steel (405.35 miles), 56 and 60 Ibs. ; iron, 56 Ibs.

History. — This road was built in 1873-74 ; company reorganized after foreclosure June
5, 1880. Leased from completion till August 1, 1882, to the Wisconsin Central RR. Co. In
1884 the Wisconsin and Michigan RR., from Fort Howard to Pike, Wis., 94 miles, was bought
by the company. (See MANUAL for 1888, page 500.) The mileage owned has been increased
during the past year by the purchase of the Ocouto and Southwestern RR., 12.50 miles (now
the Oconto branch), and the Ontonagon and Brule River RR., 46 miles, now the Ontonagon
branch.

In September, 1890, this road passed under the control of the Chicago, Milwaukee and
St. Paul Ry. Co., that company exchanging its stock, dollar for dollar, for that of the Mil-
waukee and Northern. It is operated in connection with the lines of the C., M. & St. P.
Ry. Co., but all accounts are kept separate.

Rolling Stock, June 30, 1891. — Locomotive engines, 40. Cars — passenger, 26 ; baggage,
etc., 11 ; freight (box, 636; stock, 10; platform, 182), 828; caboose, 19; other, 184— total
cars, 1,068.

Operations for year ending June 30, 1891. — Train mileage — passenger, 550,813 ; freight,
615,330 ; mixed, 76,471 ; other, 258,943 — total, 1,501,557 miles. Passengers carried, 343,305 ;
carried one mile, 14,354,980 ; average mile rate, 2.54 cents. Tons freight moved, 1,029,840 ;
moved one mile, 112,566,185; average ton-mile rate, 1.07 cents.

Earnings.— Passenger $365.565 62

Freight 1,204.342 32

Mail and Express 56,256 35

Miscellaneous... 4,27738

Total ($4,319.62 per mile) $1,630,441 67

Expenses.— Transportation $521 ,028 47

Motive Power and Cars 145,317 35

Maintenance Way and Buildings 167,753 77
General 176,539 50

Total (32,677.54 per mile) $1,010,639 09

Net earnings (38.01 per cent.), $619,802.58. Add other receipts, $627.80— total income,
$620,430.38. Payments: Interest on bonds, $369,480 ; dividends (4 percent.), $246,330— total,
$615,810. Surplus for year, $4,620.38. Surplus forward, $327,968.48— total, $332,588.86.

Financial Statement, June 30, 1891.— Capital stock (authorized, $8,000,000 ; par, $100),
$6,158,250 ; funded debt, $6,158,000 ; current accounts, $146,778.01 ; accrued interest, $30,-
790 ; profit and loss. $332,588.86— total, $12,826,406.87. Contra : Cost of road, etc., $12,819,-
809.76; Groveland Extension, $6,597.11— total, $12,826,406.87.

The funded debt consisted June 30, 1891, of 1st mortgage (on 126 miles RR., Schwartz-
burg to Green Bay, Appieton and Neenah branches) 6 per cent. 30-year $1,000 coupon bonds,
dated June 1, 18^0, interest payable June and December, $2,155,000 ; 1st mortgage (on road
north from Green Bay and 2d mortgage on road south from Green Bay) 6 per cent. 29-year
$1,000 coupon bonds, dated February 11, 1884, interest payable June and December (author-
ized, $8,000,000, including $2,155,000 provided to retire the issue of June, 1888), $4,003,000.

The total amount of bonds for which provision is made under the tru>t deed securing the
last mentioned issue is $8,000,000, each of $1,000, of which $'2.155,000 (Nos. 1 to 2,155) are
reserved to retire the prior issue ; $500,000 (2,156 to 2,655; to extend road into city of Mil-
waukee ; $200.000 (2,656 to 2,855) to build ore docks, and the remainder (2,856 to* 8,000) to
24

370 POOR'S MANUAL OF RAILROADS.

provide means for extending the road at the rate of $17,000 per mile. Of this latter amount
$4,003,000 are outstanding, and listed on the New York Stock Exchange.

Interest payable at 42 WaJl Street, New York, N. Y. Trustees of bonds, Allan S.
Apgar, Samuel N. Hoyt, New York. Bonds listed on New York Stock Exchange.

Directors (elected November 18, 1890).— Frank S. Bond, Samuel Spencer, New York,
N. Y. ; Roswell Miller, E. P. Ripley, Chicago, 111.; Frederick Layton, Henry 0. Payne, Angus
Smith, Milwaukee, Wis.

HENRY C. PAYNE, President Milwaukee, Wis.

E. P. Ripley, Vice-President Chicago, 111.

Secretary— P. M. Myers Milwaukee, Wis. | Treasurer— F. G. Ranney Chicago, 111.

PRINCIPAL OFFICE AND ADDRESS Chicago, 111.

Transfer Office 42 Wall Street, New York, N. Y.

MINDEN RAILROAD AND COAL COMPANY.

Line of Road.— Minden, La., to Sibley, La 5.15 miles.

Sidings, etc., 1 mile. Gauge, 4 ft. 8$ in. Rail (steel), 40 Ibs.

History. — Chartered 1885, and road opened in November of same year,

Rolling* Stock. — Locomotive engine, 1. Car (passenger), 1.

Operations for year ending June 30, 1890. — Train mileage — passenger, 4,197 ; mixed,
4,197 — total, 8,394 miles. Passengers carried, 6,934 ; carried one mile, 36,401 ; average 'mile
rate,, 9.53 cents. Tons freight moved, 7,232 ; moved one mile, 37,968 ; average ton-mile
rate, 26.69 cents. Earnings— passenger, $3,468.74 ; freight, $10,137.17 ; mail, $348.72 ;
express, $480 ; other, $319.25 — total, $14,753.88. Operating expenses — transportation,
$1,645.84 ; motive power, $2,518.02 ; maintenance of cars, -$565.75 ; maintenance of way,
etc., $2,179.08; general, $72.11— total, $6,980.30. Net earnings, $7,773.58. Payments*
Taxes, $296.25; dividends (20 per cent,), $3,750; other payments, $696.25— total, $4,742.50.
Balance, surplus, $8,031.08. Surplus from last year, $4,070.07— total surplus, $7,101.15.

Financial Statement, June 30, 1890.— Capital stock (common, $19,350 ; preferred, $18,-
750), $38,100 ; paid on construction from earnings of previous years, $13,516.26 ; profit and
loss, $7,101.15— total, $58,717.41. Contra: Cost of road, $48,916.26 ; rolling stock, $2,700 ;
cash on hand, $7,101.15— total, $58,717.41.

Annual meeting, first Monday in. August, at Minden, La.; books close thirty days pre-
viously.

Directors (elected August 4, 1890).— T. Crichton, A. Goodwin, J. J. Holmes, F. H. Drake,
WT. P. Leary, Minden, La.

T. CRICHTON, President Minden, La.

F. H. Drake, Vice-President Minden, La.

Treasure? — W. P. Leary Minden, La. | Secretary — J. J. Holmes Minden, La.

PRINCIPAL OFFICE AND ADDRESS Minden, La.

MINNEAPOLIS AND ST. LOUIS RAILWAY COMPANY.

Main Line of Road. — Minneapolis, Minn., via Ft. Dodge, la., to Angus, la. 260. 60 miles,

Pacific Division : Hopkins, Minn., to Morton, Minn 91.70 miles.

Lake Park Branch : Lake Park Junction to Lake Park, Minn. 1.50 miles.

Kalo Branch : Kalo Junction, la., to Kalo, la 1.80 miles.

White Bear Branch : East Minneapolis to White Bear Lake 12.50 miles.

Trackage : St. P. & N. P. Hit. : St. Paul, Minn., to Minneapolis, Minn lO.lOJmiles.

Total length of all lines owned (361.1 m.) and operated June 30, 1891 378.20 mil'-.-.

Average length of line operated during fiscal year 367.70 miles.

POOR S MANUAL — MINNEAPOLIS AND ST. LOUIS RY. CO.

371

2d track owned, 2.6 m.; sidings, 60.1 m. Gauge, 4 ft. 85 in. Kail (steel, 312 no.}, 50, 55.
56, 60 and 66 Ibs.

History. — For historical statement, see MANUAL for 1888, page 856. The White Bear
branch (the old Minneapolis and Duluth RR.) is operated by the St. Paul and Duluth RR.
Co., under lease. (See statement of MINNEAPOLIS AND DULUTH RR.) This company owns
an eighth interest in the property of the Minnesota Transfer Ry. Co., situated between St.
Paul and Minneapolis, and consisting of stock yards, depots, etc. Between Minneapolis
and St. Paul the track of the St. Paul and Northern Pacific RR. is used under lease contract.
Grading has been commenced on the extension of this company's line northwest from Water-
town, Dak. In June, 1888, this company defaulted on its interest obligations, and the presi-
dent of the company was appointed receiver. The suit is pending, but no plan of reorgan-
ization has been offered.

Rolling Stock, June 30, 1891.— Locomotive engines, 67. Cars— passenger, 25 ; baggage,
mail, and express. 4; freight (box, 1,257 ; platform and coal, 667; stock, 56; caboose, 37),
2.046 ; other cars, 9 — total cars, 2,055. This company supplies rolling stock for the operation
of the Wisconsin, Minnesota and Pacific RR., receiving therefor a rental based on the num-
ber of miles travelled over that road.

Operations for year ending June 30, 1891. — Train mileage — passenger, 437,709 ; freight,
684,823; other, 11,201— total, 1,033,738 miles. Passengers carried, 498,743; carried one
mile, 15,871,446 ; average mile rate, 2.16 cents. Tons freight moved. 956,044 ; moved one
i mile, 83,549,459 ; average ton-mile rate, 1.40 cents.

Earnings.— Pa*s<-ncer $343,141 00 i Expenses.— Transportation $441,452 45

Freight 1,167,74680 Maintenance of Equipment.. .. 129,07630

Mail

Express

Miscellaneous . . .

43.257 00
23.406 30
27.813 11

Maintenance of Way. .

General

Taxes . .

302,786 55
139,578 14
56,252 51

Total ($4,422.48 per mile) Sl-605,364 21 Total ($2.945.30 per mile « $1,069,145 95

Net earnings (33.52 per cent.), $536,218.26. Add : Interest and exchange, $8,221.91 ;
rentals (St. Paul and Duluth, $22,024.23 ; Minneapolis to Merriam Junction, $12,963.82 ;
track in Minneapolis, $53,958.27 ; sundry other, $18,090.65). $107,036 97— total available
revenue, $651,477.14. Payments : Interest on bonds, $217,860.85 ; rents of track and terminal
facilities, $65,024.84— total, $282,885.69. Balance, surplus, $368,591.45 ; surplus from last
year, $593,313.39— total surplus, $961,904.84.

Receiver's General Balance Sheet, June 30, 1891.— Materials and fuel on hand, $147,938,-
72; other assets, $300,083.01 ; sundry dues, $239,849.03 ; cash on hand, $491,310.25— total
assets, $1,179,181.01. Contra : Current accounts, $113,548.55 ; other liabilities, $103,727.62 ;
income account, $961,904.84— total liabilities, $1,179,181.01.

pon's paid during the Year ending June 30, 1891, under various Orders of the Court.

DATE PAID.

On which Issue of Bonds.

Coupon
No.

Date Coupons Due.

Gross
Amount
Coupons
Paid.

Amt. Int. T ,
on same . T?" ] .
from Date -\m. i nt °/
Due until %**
Paid. Pald-

1 September 16. 1890..

Minneapolis and Duluth .

26

May 1. 1890

9.80000

. . 9 80000

March 5, 1891 . . .
July 28, 1890

Pacific Extension

27

17

November 1, 1890 .
October 1, 1889... .

9,80000
41,46000

9,80000
2,073 00 43 533 00

I April 28, 1891
Jane 29, 1891 . .
April 28, 1891
; September 16, 1890

Merriara J'nct. to Albert Lea.
Minneapolis to Merriam J'nct.

18
19
26
26

April 1,1890
October 1, 1890... .
June 1, 1890
July 1, 1890

41,46000
41,460 00
33.250 00
1592500

2,694 90 44,154 90
1.865 70 43,325 70
1,828 75 35,078 75
15 925 00

April 28, 1891

27

January 1, 1891 . . .

15,925 00

31850 16,24350

209.08000

8,78085 217,86085

372

POOR 8 MANUAL — MINNEAPOLIS AND ST. LOUIS BY. CO.

Revenue and Disbursements from June 30, 1888, to July 1, 1891.

PBRIOD.

Division 1.
East
Minneapolis
to White
Bear.
Revenue.

Division 2.
Minneap'lis
to Merriam
Junction.
Revenue.

Division 3.
Merriam
Junction to
Albert Lea.
Revenue.

Divis-ion 4.
Albert Lea
to
Port Dodge.
Revenue.

Division 5.
Fort Dodge
to Angus.
Revenue.

Division 6.
Hopkins
to Morton.
Revenue.

Rent on
Equipment
on Imp. &
Eqpt. Bond
Account.

Quarter ending :
September 30, 1888.
December 31, 1888 .

$
5,739 78
4,4-21 59

29,771 59
17,298 12

5,837 96
20,183 02

55526
5,449 02

2,720 76
3,626 72

11,05529
39,225 54

32,751 61
28,415 11

March 31, 1889.. .

2.598 92

*20,417 44

21,627 22

10,18287

*3,091 46

5,824 44

31,94462

June 30, 1889

3,683 49

25,678 26

9,876 60

*3,817 57

*7,558 83

*27,177 59

25,332 06

September 30, 1889.

5,466 85

17,046 79

21,734 71

8,405 67

2,250 66

22,878 69

25,229 32

December 31, 1889..

4,641 13

12,456 89

46,174 72

15,361 84

1,366 09

76,600 10

28,048 26

March 30, 1890

3,389 33

2,691 84

29,899 as

12,160 65

147 20

31,71708

26,714 39

June 30, 1890

4,363 09

2,452 91

*52,054 39

*45,461 20

*20.713 50

*24,052 30

26,766 98

September 30, 1890.

6,699 44

16,591 08

6,88327

*5,363 09

* 162 88

9,712 73

32,514 67

December 31, 1890..

6,19863

98834

47.559 33

22,645 11

5,834 30

60,165 55

33,858 74

March 31, 1891

3,951 97

2,674 29

28,668 78

27,755 85

6,749 87

36,214 98

26,655 44

June 30, 1891

6,422 71

28,275 70

5,742 77

* 14,773 71

*4,318 55

5,689 93

8,17938

Total

57,576 93

135,508 37

192,133 82

33,199 70

*13,149 62

247 85444

326,420 58

Interest on Improve-

281 802 96

Balance

Less Interest Paid on

Bonds

49,00000

98,496 015

174,728 75

48 908 80

Net Balance

8,576 93

37,012 32

1740507

33 199 70

*13 149 62

28 945 64

608 223 54

* Deficit.

NOTE.— The foregoing statement is a revision of the Receiver's accounts as between the several divisions, as
ordered by the Court upon the filing of the report of a committee appointed by the Court to examine into the
previous methods of keeping these accounts, and recommending any adjustment of them that to the committee
should «eem just and equitable. It does not include expenditures by the Receiver for construction of bridges,
depots, etc., aggregating $218,118.74, which have not as yet been apportioned among the several divisions.

Company's General Balance Sheet, June 30, 1888 (latest furnished) .

Cost of Road, etc $18,586,447 21

Stocks and Bonds Owned 203,000 00

Materials and Fuel 84,914 85

Bills Receivable and Current Accounts'. . . 176,480 32

•Cash on Hand 4,017 48

Profit and Loss 723,673 47

TotalAssets $19,778,53333

Capital stock

Common $5,769,700

Preferred 4,000,000

Funded Debt 9,313,000 00

Current Accounts 23,266 84

Accrued Taxes and Interest 372,644 66

Approved Vouchers and Pay Rolls 299,921 83

Total Liabilities $19,778,533 33

Preferred stock is entitled to 7 per cent, dividends, if earned, and to an equal share with
common in any dividend over 7 per cent, upon the entire stock.
Statement of funded debt, Jane 30, 1888 :

DESCRIPTION OF BONDS.

Date.

Interest.

Principal,
when Due'.

Out-
standing.

1st Mortgage (a), Minneapolis to White Bear
1st Mortgage (£>), Minneapolis to Merriam Junction . .
1st Mortgage (c), Merriam Junction to Albert Lea
1st Mortgage (d), Iowa Ext.— Albert Lea to Ft. Dodge
1st Mtge. (<?), Southwestern Ex.— Ft. Dodge to Angus.
1st Mortgage (/), Pacific Ext.— Hopkins to Morton . .
.Income Bonds ...

May 1 1877
Jan. 1 1877
Feb. 1 1877
June 2 1879
Dec. 1 1880
June 1 1881

7 p. c. May & Nov.
7 p. c. Jan. & July
7 p. c. June & Dec.
7 p. c. June & Dec.
7 p. c. June & Dec.
6 p. c. April & Oct.
7 p. c. Jan. & July
6 p. c. Mar. & Sept.
6 p. c. Jan. & July
6 p. c. Jan. & July

May, 1907
Jan., 1907
Feb., 1927
June, 1909
Dec., -1910
June, 1921
Jan., 1891
March, 1901
Dec., 1922
Dec., 1922

$280,000
455,000
950,000
1,015,096

500,000
100,000
1,995,000
2,000,000

Real Estate in Minneapolis

March 1, 1881
Oct. 12, 1882
Oct. 12, 1882

Improvement and Equipment (g), 1st Series .

Improvement and Equipment (h)^ 2d Series

The Minneapolis and Duluth bonds (a) were originally guaranteed by this company, and
by the consolidation of May, 1881, became an obligation of the M. & S. L. Ry. Co. The
$455,000 7 per cents, of Jan. 1, 1877 (6), are issued at rate of $20,500 per mile. The total
issue of 7 per cents, of Feb. 1, 1877 (c), is $1,100,000, of which $150,000 are assumed by
Burlington, Cedar Rapids and Northern RR. The Iowa Extension bonds (d) are issued at

POOR'S MANUAL OF RAILROADS. 373

$10,000 per mile. The Southwestern Extension bonds (e) are $12,000 per mile. The Pacific
Extension (/) bonds are $15,000 per mile. The improvement and equipment bonds (g and h)
were issued in October, 1882, the company having made provision for an issue of improvement
and equipment bonds in two series to the amount of $4,000,000, secured by a first lien on all
the rolling stock of the company, and also covering all other property of the company, sub-
ject to existing liens. Of these the first serien (g) of $2, 000,000 was issued as above.

The second series (7t) of $2,000,000, as above, was issued in 1887 in order to retire the out-
standing obligations on account of real estate purchased and the equipment trust, and the
iBi*ue WHS made subject to the consent of a majority of holders of first series.

Interest on all bonds payable at Bank of North America, New York, excepting recent
I coupons paid on bonds marked (e), which are payable at Farmers' Loan and Trust Co., New
! York ; on bonds marked a, Z>, c, d, and /in gold. Principal of bonds marked a and b payable
in Philadelphia, Pa. ; all others in New York, N. Y.

The $100,000 real estate bonds of 1901 were paid off and cancelled on September 1, 1890.
Annual meeting, first Tuesday in October, at Minneapolis, Minn ; books'close September
id reopen day after the meeting. Trustee of bonds and registrar of stock, Central Trust
>., New York. Stocks and bonds listed on New York Stock Exchange.

Directors.— H. B. Bishop, New York, N.Y.: W. D. Hale, W. H. Truesdale, W. D. Wash-
i, R. B. Langdon, L. C. Mitchell, Joseph Gaskell, A. E. Clarke, Minneapolis, Minn.; C. J.
3, Cedar Rapids, la.

W. H. TRUESDALE, President and Receiver Minneapolis, Minn.

A. E. Clarke, Vice-President Minneapolis, Minn.

and Treas.^ Joseph Gaskell — Minneapolis, Minn. | Auditor— O. G. Post Minneapolis, Minn.

PRINCIPAL OFFICE AND ADDRESS Minneapolis, Minn.

Transfer Office Morton, Bliss & Co., New York, N. Y.

MINNEAPOLIS EASTERN RAILWAY COMPANY.

T ««« f i?/^ /i J North Minneapolis to South Minneapolis 1.5

• 1 Great Nor. Ry. to Pillsbury, Mill 1.7—3.2 miles.

Sidings, 0.25 mile. Gauge, 4 ft. 8i in. Rail (steel, 3.45 miles), 60 Ibs.

History. — Chartered in 1878; road opened June 1, 1879. Owned jointly by the Chicago,
Milwaukee and St. Paul, and the Chicago, St. Paul, Minneapolis and Omaha Ry. Cos. TLe
road is used merely for switching business, and its stock is held by the companies named.

Rolling Stock. — Locomotive engine, 1. Service car, 1.

Operations for year ending June 30, 1891.— Freight earnings, $33,531.50. Operating
'expenses— transportation and motive power, $11, 214.66 ; maintenance cars, way, etc., $79,-
J382.80 ; general, $2,964.66— total, $93,462.12. Deficit in operation, $59,930.62. Paid interest
on bonds, $10,500 ; taxes, $772.16— total, $11,272.16. Total deficit for year, $71,202. 78-
Deficit from last year, $31,368.57— total deficit. $102,571.35.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $30,000 ; funded debt,
1st mortgage 7 per cent. 30-year bonds, due January 1, 1909, interest January and July,
$150,000 ; current accounts, $52,833.82 ; coupons unpaid, $131,250— total, $364,083.82.
Contra : Cost of road, $246,993.34; of rolling stock, $6,154.77 ; materials and fuel, $218.81 ^
current accounts, $3,988 ; cash on hand, $4,157.55 ; profit and loss, $102,571.35.

Annual meeting, second Tuesday in June, at Minneapolis, Minn.

Directors.— Roswell Miller, W. G. Collins, Chicago, 111. ; W. H. Norris, Minneapolis.
Minn. ; E. W. Winter, J. H. Howe, J. T. Clark, J. A. Chandler, W. A. Scott, St. Paul, Minn.;
J. S. Pillsbury, Minneapolis, Minn.

JOHN S. PILLSBDRY, President Minneapolis, Minn.

S«c. and Treat.— R. R. Williams. . . .Minneapolis. Minn. | Auditor— L. A. Robinson St. Paul, Minn.

PRINCIPAL OFFICE AND ADDRESS Minneapolis, Minn

374 POOR'S MANUAL OF RAILROADS.

MISSISSIPPI AND 'LITTLE ROCK RAILWAY COMPANY.

F inP nf Pnn<l • J Auridl to Ross> Ark 26

koa(l-Uurich East 1-27 miles.

Sidings, 2.5 miles. Gauge, 4 ft. 8^ in. Rail (steel, 1 mile), 35 and 561bs.

History. — Chartered January 9. 1890, and road completed as above October 24, 1891.
The road is projected to run from Duncan to Argenta, Ark. The 27 hiiles completed are
operated by the contractor, Robert W. Worthen, Little Rock, Ark.

Rolling Stock. — Locomotive engine, 1. Cars — platform, 4; caboose, 1 — total, 5.

Financial Statement, June 30, 1891.— Capital stock ($100 shares) authorized, $1,220.000;
subscribed, $1,000,000 ; paid in, $3,050 ; funded debt, 1st mortgage 6 percent. 30-year bonds,
dated November 1, 1890, interest May and November; authorized, $915,000 ; issued, $405,000;
in Lands of trustee, $510,000 ; 2d mortgage 6 percent. 30-year bonds, dated November 1,
1890, authorized, $305,000. None of the second mortgage bonds can be issued until the road
is completed. Interest on bonds payable at the office of the trustee, the St. Louis Trust Co.,
St. Louis, Mo. Annual meeting, second Saturday in January, at Little Rock, Ark.

Directors (elected January 10, 1891).— Zeb Ward, George R. Brown, George H. Saunders,
James A. Watkins, Oscar Davis, Zeb Ward, Jr., W. H. Halliburton, Little Rock, Ark.

ZEB WAED, President Little Rock, Ark.

W. H. Halliburton, Vice- President Little Rock, Ark.

Treasurer— Oscar Davis Little Roqk, Ark. | Secretary— George R. Brown Little Rock, Ark.

Chief Engineer— James A. Martin Little Rock, Ark.

PRINCIPAL OFFICE AND ADDRESS Little Rock, Ark.

MISSISSIPPI RIVER AND BONNE TERRE RAILWAY COMPANY.

Line of Road.— Bonne Terre, Mo., to Riverside, Mo 31.67 miles.

Sidings, etc., 1.84 miles. Guage, 3 ft. Rail (steel), 56 Ibs.

History. — Chartered June, 1888 ; road completed and opened early in 1890. Built to
facilitate the transportation of the products and supplies of the St. Joseph Lead Co.

Rolling Stock, June 30, 1891. — Locomotive engines, 6. Cars — passenger, 1 ; baggage,
etc., 1 ; freight (platform, 24 ; coal, 42), 66 ; caboose, 2 ; other, 47— total cars, 124.

Operations for year ending June 30, 1891. — Train mileage — passenger, 46,720; freight,
33,652 ; other, 18,250— total, 98,622 miles. Passengers carried, 30,293 ; carried one mile,
524,763. Tons freight moved, 86,756 ; moved one mile, 2,332,730. Earnings — passenger,
$15,734.59; freight, $66,579.81; mail, $1,757.42; express, $1,538.72; other, $16,790.67—
total, $102,401.21. Expenses— transportation, $28,731.66 ; motive power, $5,926.44 ; main-
tenance of cars, $7,120.74; way and buildings, $14,163.94; general, $7,905.54— total, $63,-
848.32. Net earnings, $38,552.89. Add surplus forward, $6,426.85— total, $44,979.74.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $300,000 ; current
accounts, $13,830.64 ; advances by St. Joseph Lead Co, $388,946.92; profit and loss, $44,979.74
—total, $747,757.30. Contra : Cost of road, $662,560.87 ; rolling stock, $26,386.05 ; materials
and fuel, $7,523.84 ; current accounts, $42,076.25 ; cash, $9,210.29— total, $747,757.30.

Annual meeting, second Tuesday in November, at Bonne Terre, Mo.

Directors. — J. Wyman Jones, Hugh N. Camp, New York, N. Y. ; C. B. Parsons, Gupt.
Setz, Bonne Terre, Mo.; F. P. Graves, Doe Run, Mo.

J. WYMAN JONES, President New York, N. Y.

C. B. Parsons, Vice-President Bonne Terre, Mo.

Treasurer— Hugh N. Camp New York, N. Y. | Secretary— F. P. Graves Doe Run, Mo.

PRINCIPAL OFFICE AND ADDRESS Bonne Terre, Mo.

New York Office 55 Liberty Street.

MISSOURI SOUTHERN RAILROAD COMPANY.

Line of Road.— Leeper Station, to Carter, Mo 15 miles

Sidings, 0.40 mile. Gauge, 3 ft. Rail (steel), 25 Ibs.

POOR'S MANUAL OF RAILROADS. 375

History.— Successor in 1887 to the Mill Spring, Current River and Barnesville RR. Co.
(See MANUAL for 1891.)

Rolling Stock. — Locomotive engine, 1. Cars — platform, 4 ; box, 2; other, 30 — total, 36.

Operations for year ending June 30, 1891.— Train mileage, passenger, and freight statis-
tics not reported. Earnings— passenger, $105 ; freight, $5,729.55— total, $5,834.55. Operat-
ing expenses, $3,936.80. Net earnings, $1,897.75. Payments : Interest on debt, $715 ; taxes,
$689.68— total, $1,404.68. Balance surplus, $493.07.

Financial Statement, June 30, 1890.— Capital stock, $15,200 ; current accounts, $35,665
— total, $50,865. Complete balance sheet not furnished. For 1891 the company reports
total assets of $110,000.

Directors. — J. L. Clarkson, Leeper, Mo. ; W. Palmer Clarkson, John H. Douglass, Joseph
Durfee, Archibald Douglass, St. Louis, Mo.

JOHN H. DOUGLASS, President St. Louis, Mo.

James L. Clarkson, Vice-President Leeper, Mo.

Secretary— W. Palmer Clarkson St. Louis, Mo. | General Manager— 3. L. Clarkson, Jr Leeper, Mo.

PRINCIPAL OFFICE AND ADDRESS Leeper, Mo.

MOBILE AND OHIO RAILROAD COMPANY.

\r~« T- „ ~r o^ (Mobile, Ala., to Columbus, Ky ...472.0

KoaU ' \ South Columbus, Ky., to Cairo, 111 21.0—493.0 miles.

Columbus Branch : Artesia, Miss,, to Columbus, Miss 14.0

Btarkville Branch ; Artesia, Miss. , to Stark ville, Miss 11.0

Aberdeen Branch ; Muldon, Miss., to Aberdeen, Miss 9.0— 34.0 miles.

Leased: St. Louis and Cairo RR.: Cairo, 111., to St. Louis, Mo., and branch 160.6 miles.

Total length of lines owned and leased June 30, 1891 687.6 miles.

Sidings, etc. (owned, 90.90 ; leased, 39.66), 130.56 miles. Gauge, 4 ft. 8£ in. Rail (steel
(owned, 539.91 ; leased, 180.12], 720.03 miles), 56 and 60 Ibs.

History. — Chartered in Alabama, February 3, 1848, and subsequently in Mississippi,
Tennessee, and Kentucky. Land grant acquired under Act of Congress, September 20, 1850,
being the first grant for railroad purposes authorized by the National Legislature. Main
line from Mobile to Columbus, Ky., opened on April 22, 1861 ; Cairo Extension (Columbus
io East Cairo, 21 miles), on November 1, 1881.

On May 1, 1875, company made default in payment of interest, and its road was placed
in the hands of a receiver. On January 24, 1883, the road and property were restored to the
company, without a sale, its various kinds of indebtedness having been funded into new
mortgage bonds and debentures, in accordance with the agreement of October 1, 1876, and
•with the approval of the United States Court.

On the 1st of February, 1886, the company took a 45-year lease of the St. Louis and
Cairo RR., agreeing to change the gauge to the standard width and pay a yearly rental
amounting practically to $165,000. (See statement for St. Louis and Cairo.)

Rolling1 Stock, June 30, 1891. — Locomotive engines, 110. Cars — passenger, 31 ; passen-
ger and baggage, 10; baggage and mail, 9 ; express, 10 ; special, 6 ; freight (box, 1,494 ;
fruit, 417; refrigerator, 98; flat. 261 ; coal, 501 ; gondola, 368 ; stock, 154; caboose, 45),
3,338 ; construction, 176 — total cars, 3,580. In addition to the foregoing the company leases
48 coal cars.

Car Trust Bonds to the total amount of $1,161,964.40 have from time to time been issued,
secured upon the following equipment (included in the above) : 48 locomotives, 9 passenger
and 2,175 freight cars. Of these bonds there were outstanding June 30, 1891, $775,487.40,
in nine series, as follows : Series C, $36,000 ; Series E, $28,000 ; Series F, $5,000 ; Series
O, $208,000 ; Series K, $75,695.36 ; Series L, $37,792.04 ; Series M, $40,000 ; Series N,
$H8?000 ; Series 0, $197,000.

376

POOR'S MANUAL — MOBILE AND OHIO RR. CO.

Operations for year ending June 30, 1891.— See tabulated statement below:

Earnings,— Passenger $479,690 80

Freight 2,653,443 88

Mail 53,767 16

Express 64,629 13

Miscellaneous 307,60679

Expenses.— Maintenance of Way $493,195 2&

Motive Power 571,143 77

Maintenance of Cars 253,245 991

Transportation 706,010 46

Miscellaneous and Taxes 319,829 46

Total ($5, 176. 18 per mile) $3,559,137 76 Total ($3,408.12 per mile) $2,343,424 94

Net earnings (34.16 per cent.), $1,215,712.82. Payments : Interest on bonds (1st mort-
gage, $420,000; 1st mortgage extension, $60,000 ; general mortgage, $312,850), $792,850;
on car trusts, etc., $73,500.09; interest dividend on debentures, $12,236; rental, St. Louis
and Cairo RR., $191,913.88— total, $1,070,499.97. Balance, surplus for year, $145,212.85.

Comparative statement of operations for six months ending December 31, 1891, and
1890 :

Six Months Ending Dec. 31.'-

1891

1890

Six Months Ending Dec. 31.

1891

1890

Gross Earnings
Operating Expenses & Taxes.

Net Earnings

1,793,702 61
1,130,008 49

1,846,608 10
1.165,202 47

Pass. Eeto. Statistics:
Passenger Earnings

259,354 94
11,582.764
2.24 c.

1,326,349 65
147,651,954
0.898 c.

,1 267,588 38
11,614,104
2.30 c.

1,368,576 96
151,653,402
0.902 c.

663,694 12
526,121 89
9,756 81

681,405 63
530,497 18
23,766 76

Passengers Carried One Mile...
Av. Rate per Pass, per Mile —

Freight Bev. Statistics:
Freight Earnings ....

Paid Charges

Construction and Equipment.
Total Payments...

535,878 70
127,815 42
t 64,333 46

554,263 94
127,141 69
55,814 49

Net Surplus for Six Months . .
* Extraordinary Expenditures

Tons Freight Moved One Mile.
Average Rate per Ton per Mile.

: Principal of car trust debt, and new property acquired
sale of bonds in treasury of the company.

t This amount has been provided for by the
Statement of operations, traffic, and revenue for eight years ending June 30 :

1884

1885

1886

1887*

1888*

1889*

1890*

1891*

Passenger Train Miles. .
Freight Train Miles
Passengers Carried . . .

474,255
805,360
404,570
15,267,220

408,889
87,024,793
$
413,094
1,712,923
152,900

750,767
759,437
409,391
20,197,865
429,141
89,732,465

433,895
1,526,494
140,638

630,898
700,112
338,871
12,961,735
484,549
97,734,678
$
338,772
1,471,097
152,460

896,949
1,085,300
480,273
15,816,304
777,298
133-390,942

430,296
1,762,182
238,903

641,217
1,541,217
436,578
16,433,875
1,205,278
192281-590

416,119
1,957,347
256,071

729,298
1,449,979
535,247
18,993,252
1,315,310
218,376-431
$
438,766
2,090,797
351,911

795,159
1,588,050
617,215
19,586,735
1,456,543
255,775,065

462,314
2,333,020
378,098

876,00&
1,851,685
685,854
20,371,267
1,645,296
306,192,330

$
479,691
2,653,444
426,003-

Passenger Miles

Freight (tons) Moved . .
Freight (ton) Miles

Passenger Earnings

Freight Earnings
Other Receipts

Gross Earnings

2,278,917
1,547,467

2,101,027
1,574,728

1,962,329
1,455,584

2,431,381
1,793,663

2,629,537
1,919,144

2,881,474
1,946,693

3,173,432
2,102,513

3,559,138
2,343,42&

Operating Expenses
Net Earnings

731,450

4,324 32
2,935 62
1,388 70
67.80 p. c.
2.71 c.
1.97C.

526,299

3,986 77
2,988 10
99867
74.95 p. c.
2.15 c.
1.70 c.

506,745

3,723 59
2,762 02
96157
74.97 p. c.
2.61 c.
1.51 c.

637,713

3,669 45
2,707 01
96244
73. 77 p. c.
2.72 c.
1.32 c.

710,393

3,968 50
2,896 38
1,072 13
72.99 p. c.
2.53 c.
1.01 c.

934,781

4,190 63
2,831 20
1.359 43
67.56 p. c.
2.31 c.
0.96 c.

1,070,919

4,615 23
3,057 76
1,55747
66. 25 p. c.
2.36 c.
0.91 c.

1,215,713

5,176 IS
3,408 12
1,768 06
65. 84 p. c,
2.35 c.
0.87 c.

Gross Earnings per Mile. . .
Gross Expenses per Mile. .
Net Earnings per Mile
Expenses to Earnings
Av. Rate per Pass, per Mile
Av. Rate per Ton per Mile.

* The operations of the St. Louis and Cairo RR. are included herein.

General Balance Sheet, June 30, 1891.

Capital Stock (par, $100) $7,680,000 00

Funded Debt 16,231,16500

CarTrusts-C.,E.,F.,G.,K.,L.,M.,N.,0, 775,487 4

Bills Payable and Loans 307,884 5

Matured Bond Interest 59,501 (

Interest Accrued, but not Due 147,860 0

Accounts Payable and Pay Rolls 266,617

Other Railroad and Individual Balances. . 45.913

Rental Due and Unpaid 26,913 88

Profit and Loss-General. . $672,661 97

Income Account. 22,565 46- 695,227^48

Total Liabilities . . $26,236,569 41

Kixed Investments— Cost of Property. .
Land Departing— Lands,Cash, Notes, etc
Stock and Bonds in Treasury
Cash in Treasury

$22,559,055 21
415,304 44
2,757,050 35
21,579 57

Cash in Hands of Agents
Cash on Special Deposit in New York. .
Bonds on Special Deposit in New York.
Materials on Hand

67,609 11
55,037 36
8,325 00
210,175 60

Other Railroad and Individual Balances. .

142,432 77

Total Assets...

$26,236,569 41

POOR'S MANUAL — MOBILE AND OHIO RK. CO. 377

The funded debt consisted, June 30, 1891, of the following issues :

1st mortgage 6 per cent, bonds, issued May 1, 1879, due in 1927, interest June and December $7,000,000

1st mortgage (Cairo Extension) 6 per cent, bonds, issued in 1880 and due in 1892, interest Jan. and July. 26,000

1st mortgage Extension 6 per cent, bonds, due July 1, 1927, interest quarterly, J., A.. J. & O 974,000

1st preferred income and sinking fund debentures, 7 per cent., February 1, if earned 38,400

2d preferred income and sinking fund debentures, 7 per cent., February 1, if earned 72,300

3d preferred income and sinking fund debentures, 7 per cent., February 1, if earned 8,000

4th preferred income and sinking fund debentures, 7 per cent., February 1, if earned 5,800

General mortgage 4 per cent. 50-year bonds, due September 1, 1938, interest March and September. . . . 8,106,665

In addition to the debentures represented above, there were outstanding July 1, 1891,
$4,031,600 first debentures, $1,777,700 second debentures, $592,000 third debentures, and
$894,200 fourth debentures, making a total of $7,295,500 debentures transferred to and stand-
ing on the books of the company in the name of the Farmers' Loan and Trust Company,
trustee of the general mortgage, and $1,230,000 first debentures held in the sinking fund.

The 1st mortgage 6s of 1927 are secured by a first lien on the main line from Mobile, Ala.,
to Columbus Ky., 472 miles, and the first mortgage Extension 6s of 1927 are secured by a first
lien on the Kentucky and Tennessee RR. (Cairo Extension), also a first lien on the several
branches of the the M. & O. RR., 32 miles, upon the transfer and terminal properties in
Cairo, 111., and upon the net income of the road after payment of the expenses of its main-
tenance and operation and of the interest on the first mortgage bonds.

Of the $1,000,000 Extemion bonds, $600,000 were issued for a like amount of Cairo Exten-
sion bonds, issued in 1880 and due in 1892. There have been exchanged to date $974,000,
leaving $26,000 still in hands of the Farmers' Loan and Trust Company for exchange for
remainder of the Cairo Extension bonds outstanding.

The general mortgage bonds are for $500 and $1,000 each. They are coupon bonds, first
coupon payable March 1, 1889, in cash ; or, if the earnings in any period during the first three
years shall not suffice for that purpose, then such deficiency may be paid in scrip convertible
in sums of $500 into bonds of the new issue ; and thereafter no right to enforce the mortgage
security shall arise in consequence of failure to pay interest until there shall have been four
successive coupons in default. The interest due March, 1889, was paid in scrip, and that due
September, 1889, half in cash and half in scrip ; since March, 1890, all cash. The total author-
ized issue is $10,500,000, of which $8.106;665 are outstanding as above ; $97,335 are held by
the Farmers' Loan and Trust Company, to be exchanged for debentures ; $1.766,500 are in
the treasury of the company for its general purposes, and $529,500 have been cancelled.

" By the provisions of th* general mortgage, the holder of each $500 thereof is entitled
to one vote under the deed of trust of May 15, 1888, at all meetings held for the purpose of
directing the Farmers' Loan and Trust Co. how to vote upon the debentures held by it for the
benefit and security of the said general mortgage bonds, and for this purpose a ' voting regis-
ter' has been established at the office of the company in the city of New York, where such
voting power is inscribed in the names of the parties to whom the said general mortgage
bonds may have been originally issued, ard where any succeeding holder of the bonds may,
from time to time, have the same inscribed in his own name for voting purposes, as is fully
set forth in the deed of trust of May 15, 1888."

The authorized share capital is $10,000,000, of which $5,3-20,600 are outstanding, and
listed on the New York Stock Exchange ; $2,359,400 issue of 1873 are in the the treasury of
the company, and $2,320,000 are unissued.

Annual meeting, third Wednesday in February. Trustee of bonds, Farmers' Loan and
Trust Company, New York. Interest payable at the office of the trustee, on all bonds except
general mortgage 4s, which is payable at the Gallatin National Bank. Stock (power to vote
which is vested in the trustee of the debentures under the agreement of October 1, 1876) and
bonds listed on New York Stock Exchange.

Land Department,— Lands in Alabama, 272,881.02; in Mississippi, 353,853.50; and in
Kentucky, 632— total, 627,366.52 acres. Value of lands, $304,201.14. Town lots, etc., in
Alabama, $7,462.30 ; and in Mississippi, $13,925.73— total, $21,388.03. Value of lands lots
etc., $325,589.17.

Cash balance, June 30, 1890, $4,918.14; contracts on hand, same date, $137,552.11 ; net

378

proceeds land sales, rents, timber sales, trespasses, etc., $72,266.03 ; first debenture dividends,
$11,720— total cash debits, $226,456.28. Contra: Land contracts cancelled, $3,911.13; 1st
pref. debs, purchased for account of sinking fund, $121,155 ; taxes on donated lands, town
lots, etc., $9,903.39 ; balance, June 30, 1891 (land contracts, $91,104.41 ; cash on hand, $382.-
35), $91,486.76— total, $226,456.28.

ST. LOUIS AND CAIRO RAILROAD.— Cairo to East St. Louis, 111., 151.6 miles ; Branch, Mill-
stadt Junction to High Prairie, 111., 9 miles -total length, 160.6 miles. Sidings, etc., 39.66 miles. Gauge, 4 ft. 8£
in. Rail (steel, 180.12 miles), 40 and 60 Ibs. Organized June 14, 1881, and on February 1, 1882. succeeded to the
property of the Cairo and St. Louis RR. Co., which was sold under foreclosure July 14, 1881. Leased to the Mo-
bile and Ohio RR. Co. for 45 years from February 1, 1886, the rental being 25 per cent of 150-640ths of gross receipts
of entire system, with a minimum of $165,000 per annum. (See MANUAL for 1890.)

General Balance Sheet, June 30, 1891.

Cost of Road and Property $10,500,000 00

Other Assets 98,317 78

Capital Stock $6,500,000 OQ

First Mortgage Bonds 4,000,000 On

Unfunded Debt 98,317 78

Total Assets $10,598,317 78 Total Liabilities $10,598,317 78

The bonds are first mortgage 4 per cent. 5-year $500 and $1,000 gold bonds, due January 1, 1931 ; interest
payable January and July at New York ; guaranteed by lessee. Trustees of bonds*. H. W. Smithers and J. A.
Horsey. J. A. HORSEY, President and Treasurer, 17 William St., New York, N. Y.; Paul W. Abt, Secretary,
East St. Louis, 111. Transfer Office, East St. Louis, 111.

Board of Directors, Mobile and Ohio RR. Co., elected February, 1891.
W. BUTLER DUNCAN, Chairman of the Board New York, N. Y.

A. H. Stevens Lawrence, N. Y.

Sidney Shepard. . .New York, N. Y.
Adrian Iselin, Jr.. " "

H. B. Plant...

R. K. Dow New York, N. Y.

James H. Fay " "

James C. Clarke Mobile, Ala.

F. D. Tappen New York, N. Y.

Thomas W. Evans. New York, N. Y.

E. L. Russell Mobile, Ala.

W. J. Hearin

John Paton New York, N. Y.

W. Butler Duncan New York, N. Y.

JAMES C. CLARKE, President and General Manager Mobile, Ala.

James H. Fay, Vice-President New York, N. Y.

Treasurer and Secretary— Henry Tacon. . .Mobile, Ala. | General Auditor— It. V. Taylor. . . '. Mobile, Ala.

PKINCIPAL OFFICE AND ADDRESS Mobile, Ala.

New York Office No. 11 Pine Street.

St. Louis Office No. 108 Broadway.

Registrar of Stock and Debentures Farmers' Loan and Trust Co., N. Y. City.

MOBILE AND SPRING HILL RAILROAD COMPANY.

Line of Road.— Mobile, Ala., to Spring Hill, Ala 7.5 miles.

Sidings, etc., 0.5 mile. Gauge, 4 ft. 8£ in. Rail (steel), 35 Ibs.

History.— Chartered February 23, 1860 ; road opened February, 1862.

Rolling Stock.— Locomotive engines, 4. Cars— passenger, 8 ; baggage, etc., 1 ; freight,
(platform), 2— total cars, 11.

Operations for year ending June 30, 1891.— Gross earnings, $27,223.36. Operating ex-
penses, $21,347.68. Net earnings, $5,875.68. Payments not reported.

Financial Statement, June 30, 1891.— Capital stock, $100,000 ; funded debt, 6 per cent.
10-year coupon $500 bonds, dated June 1, 1886, interest June and December, $100,000 ; other
liabilities (being advances for which $92,000 of the bonds are pledged), $77,820.63— total,
$277,820.63. Contra /Cost of road, $182,924.59 ; stock owned, $600; bonds in treasury, see
contra, $92,000 ; current accounts, $823.98 ; profit and loss, $1,472.06— total, $277,820.63.

Annual meeting, first Monday in April. Books close ten days previously, and stock
owned then may be voted. Trustee of bonds, Fidelity Trust and Safety Deposit Co., Louis-
ville, Ky. Interest payable in Mobile, Ala., and in New York, N. Y.

Directors.— R. K. Warren, L. M. Wilson, F. B. Clark, Jr., Peter Stark, J. F. Maury,
G. B. Clarke, W. G. Warren, Mobile, Ala.

R. K. WARREN, President Mobile, Ala.

J. F. Maury, Secretary Mobile, Ala.

PRINCIPAL OFFICE AND ADDRESS.. . . .68 St. Francis Street, Mobile, Ala.

POOR'S MANUAL OF RAILROADS. 379

MONONGAHELA CONNECTING RAILROAD CONPANY.

Main Line of Road.— Ormsby Station, P. V. & C. RR., to Pittsburgh June., RR.0.90 mile.
Branches': P. & L. E. RR. Connection, 0.30 ; West Br., 0.87 ; Other Brs., 1.06. .2.23 miles.

Total length of lines owned and operated 3.13 miles.

2d track, 0.80 mile ; sidings, 1.09 miles. Gauge, 4 ft. 8| in. Rail (steel), 60 and 70 Ibs.

History. — Chartered in 1885; line opened June 1, 1887. Forms a connection witb the
following named railroads : The Pittsburgh and Lake Erie and its connections; the Lake
Shore and Michigan Southern; the New York, Lake Erie and Western; and the Pittsburgh
McKeesport and Youghiogheny ; the Pennsylvania ; the Pennsylvania Co.'s lines ; the Alle-
gheny Valley ; the Baltimore and Ohio ; Pittsburgh Junction and Pittsburgh and Western
via the B. & 0., and also the mills on the north and south sides of the Monongahela River,
with which it connects by an iron bridge.

Rolling Stock. — Locomotive engines, 6. Cars (platform, 18 ; other, 4), 22.

Operations. — Not reported.

Financial Statement, June 30, 1891.— Capital stock, $445,000 ; bonds, $200,000 ; bills
and accounts payable, and profit and loss, $104,838.23— total, $749,838.23. Contra: Cost of
construction and equipment, including Monongahela River Bridge and branches, $749,838.23.

Directors. — Henry A. Laughlin, B. F. Jones, B. F. Jones, Jr., Geo. M. Laughlin, W. L.
King, W. L. Jones, James Laughlin, Jr., Pittsburgh, Pa.

HENRY A. LAUGHLIN, President Pittsburgh, Pa.

James Laughlin, Jr., Vice-President and Treasurer. Pittsburgh, Pa.

W. C. Quincy, General Manager Pittsburgh, Pa.

Sec. & Purch. Agent.— Benjamin Page.. Pittsburgh, Pa. | Engineer— W. Q. Wilkins Pittsburgh, Pa.

PRINCIPAL OFFICE AND ADDRESS Pittsburgh, Pa.

MONSON RAILROAD COMPANY.

Main Line of Road.— Monson Junction (B. & P. RR.) to M,onson, Me. .6.16

Quarry Branch : Monson to Slate Quarries 2.00—8.16 miles.

Gauge, 2 ft. Rail (steel) 30 Ibs.

History.— Chartered November 1, 1882. Road opened October 22, 1883.

Rolling Stock.— Locomotive engines, 2. Cars— combination, 1 ; freight (box, 8 ; flat, 8),
16 ; other, 3— total cars, 20.

Operations for year ending June 30, 1891.— Train mileage, 14,484 miles. Passengers
carried, 4,985; carried one mile, 29,910 ; average mile rate, 5.79 cents. Tons freight moved,
8,162 ; moved one mile, 48,972 ; average ton-mile rate, 21.17 cents. Earnings— passenger,
$1,733.08 : freight, $10,369.84 ; mail, $267.60 ; express, $194.07 ; extra baggage, $16.53—
total, $12,581.12. Operating expenses— transportation, $6,772.93; maintenance of cars,
$281.45; maintenance of way, $3,124.87 ; general, $528.15— total, $10,707.40. Net earn-
ings, $1,873.72. Payments : Interest on bonds, $4,200 ; other, $781.64— total, $4,981.64.
Balance, deficit, $8,117.92 ; deficit from last year, $96,601.94— total deficit, $99,719.86.

Financial Statement, Jnne 30, 1891.— Capital stock, $70,000; funded debt (first mortgage
6 per cent. 20-year $1,000 coupon bonds, due April 1, 1904, interest payable April and Octo-
ber), $70,000; bills payable and interest matured, $40,091.91— total, $178,820.20. Contra:
Cost of road, real estate, etc.. $60,886.68; equipment, $17,261.95; cash and accounts, $1,-
211.71 ; profit and loss, $99,719.86— total, $178,820.20.

Annual meeting, second Wednesday in March. Trustees of bonds, J. F. Kimball and
E. W.^Hoyt. The treasurer is registrar of stock.

Directors (elected June 24, 1891).— H. A. Whiting, Wilton, N. H. ; J. F. Kimball, C. H.
Latham, Lowell, Mass. ; W. L. Easterbrook, T. P. Elliott, J. F. Sprague, A. W. Chapin,
Monson, Me.

H. A. WHITING, President Wilton, N. H.

Sgcretnry-J. F. Sprague Monson, Me. | Gen. Man. and Treas.—J. F. Kimball. . . . Lowell, Mass.

PRINCIPAL OFFICE AND ADDRESS Monson, Me.

380 POOR'S MANUAL OF RAILROADS.

MONT ALTO RAILROAD COMPANY.

Line Of Road.— Way nesboro', Pa. , to Junction, C. V. RR 17.89 miles.

Sidings, etc., 2 miles. Gauge, 4 ft. 9 in. Rail (steel, 8.61 miles), 50 and 56 Ibs.

History. — Incorporated May 4, 1864; organized November 14, 1871.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 3; gravel, 5 — total cars, 8.

Operations for year ending December 31, 1891. — Earnings — passenger, $12,739.01 ;
freight, $12,570.59; mail and express, $2,425.94— total, $27,735.54. Operating expenses,
$38,129.46. Deficit, $10,398.93.

Financial Statement, June 30, 1890.— Capital stock (par, $25 ; authorized, $500,000),
$110,000 ; funded debt, 1st mortgage 6 per cent. $1,000 coupon bonds, due December 1, 1896,
interest June and December, $125,000 ; other liabilities, $99,679.16— total, $334,679.16. Con-
tra : Cost of road, $218,204.75 ; rolling stock, $16,795.25 ; cash on hand, $13,480.35 ; profit
and loss, $86,198.81— total, $344,679.16.

Interest on above bonds has not been paid since December, 1877. Annual meeting,
second Wednesday in May, at Mont Alto, Pa.

Directors (elected May 14, 1890).— E. P. Dwight, Philadelphia, Pa. ; T. B. Kennedy,
John Stewart, J. F. Boyd, Chauncy Ives, Hastings Gehr, Chambersburg, Pa. ; G. B. Wiest-
ling, Mont Alto, Pa.

THOMAS B. KENNEDY, President Chainbersbnrg, Pa.

Sec. and Treas.—&. B. Wiestling Mont Alto, Pa. | Superintendent— G. B. Wiestling Mont Alto, Pa.

PRINCIPAL OFFICE AND ADDRESS Mont Alto, Franklin Co., Pa.

MONTOTTR RAILROAD COMPANY.

Line of Road.— Montour Junction to Imperial, Pa 11 miles.

Sidings, etc., 0.5 mile. Gauge, 4 ft. 8± in. Rail (steel), 54 Ibs.

History.— Chartered September 10, 1877.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 3 ; freight (coal), 200; other, 50.

Operations. — Not reported.

Financial Statement.— Capital stock (par $50), $100,000 ; unfunded debt, $200,000.

Directors. — William McCreery, John A. Caughey, W.B. Rodgers, Allegheny City, Pa.;
George A. Berry, Pittsburgh, Pa. ; William M. Short, Ingram, Pa. ; W. C. Andrews, New
York, N. Y.

WILLIAM MCCREERY, President Pittsburgh, Pa.

Sec. and Treas— William M. Short Pittsburgh. Pa. | General Manager— Y. A. Andrews. Pittsburgh, Pa.

PRINCIPAL OFFICE AND ADDRESS Pittsburgh, Pa.

MONTPELIER AND WELLS RIVER RAILROAD COMPANY.

Line of Road.— Montpelier, Vt., to Wells River, Vt 38.20

Leased : Barre Branch RR.: Barre Junction to Barre, Vt 3.80—42.00 miles.

Sidings, 5.30 miles. Gauge, 4 ft. 8^ in. Rail (steel, 38.20 miles), 56 Ibs. and upwards.

History. — Chartered November 6, 1867 ; main line opened November 24, 1873 ; branch,
June 1, 1889. Trustees took possession March 1, 1876 ; company reorganized January
1, 1877.

Rolling Stock, March 31, 1891. — Locomotive engines, 6. Cars — passenger (including
one combination), 5 ; baggage, mail, and express, 2 ; freight (box, 38; coal, 4; stock, 6 ; plat-
form, 63), 111 ; caboose, 1; refrigerator, 2 ; derrick, 1 — total cars, 122.

Operations for year ending March 31, 1891. — Train mileage — passenger, 55,088 ; mixed,
37,560— total, 92,648 miles. Passengers carried, 86,715 ; carried one mile, 1,452,471 ; average

POOR'S MANUAL OF RAILROADS.

381

mile rate, 3.31 cents. Tons freight moved, 76,166 ; moved one mile, 2,323,073 ; average

Transportation

Motive Power and Cars

Maintenance of Way, etc

General . . .

$36,492 22
17,344 53
60,743 42

ton-mile rate, 3.24 cents.

Earnings— Passenger $48,126 98

Freight. 75,404 79

Mail and Express 4,89381

Miscellaneous 967 62

Total ($3,080.79 per mile) $129,393 20 Total ($2,821.79 per mile) $122,515 45

Net earnings (5.31 per cent.), $6,877.75. Paid on account of Barre Branch RR., $1,196.-
96 ; taxes, $2,786.07— total, $3,983.03. Surplus, $3,894.72 ; surplus forward, $9,834.55—
total, $12,729.27. Addition during the year, $2,652.62— total surplus, $15,381.89.

Financial Statement, March 31, 1891.— Capital stock (par, $50), $800,000 ; bills payable,
$3,370 ; current accounts, $10,928.84 ; profit and loss, $15,381.89— total, $829,680.73. Con-
tra: Cost of road, $800,000 ; current accounts, $2,333.71 ; cash, $7,139.74; materials and
supplies, $20,207.28— total, $829,680.73.

Annual meeting, last Thursday in May, at Montpelier, Vt.

BARRE BRANCH RAILROAD.— Barre Junction to Barre, Vt., 3.80 miles. Road built in 1889.
Leased June 1, 1889, to the Montpelier and Wells RR. Co., at an annual rental of 6 per cent, on the capital stock.
Capital stock, $80,000, all of which is owned by D. R. Sortwell and the lessee.

Directors, Montpelier and Wells River EE. Co., elected May 28, 1891.

D. R. Sortwell . . E. Cambridge, Mass. I J. W. Brock ... Montpelier, Vt.

A.F.Sortwell " I S. C. Shurtleff

Joel Poster Montpelier, Vt.

D. R. SORTWELL, President East Cambridge, Mass.

A. F. Sortwell, Vice-President East Cambridge, Mass.

Stc. & Treas.—Joel Foster Montpelier, Vt. | General Supt.—W. A. Stowell Montpelier, Vt.

PRINCIPAL OFFICE AND ADDRESS Montpelier, Vt.

MONTROSE RAILWAY COMPANY.

Line of Road. — Montrose, Pa., to Tunkhannock, Pa 28 miles.

Sidings, etc., 0.5 mile. Gauge, 3 ft. Rail, 40 Ibs.

History. — Chartered in 1870 ; first portion opened in 1872, and road completed in 1876.

Rolling' Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 2 ; baggage,
etc., 2 ; freight (box, 3 ; stock, 2 ; platform, 3 ; coal, 14), 22 ; other cars, 5— total cara, 31.

Operations for year ending June 30, 1891.— Trains run — passenger, 8,900 ; freight, 26,-
700 — total, 35,600 miles. Passengers carried, 14,128 ; carried one mile, 215,500. Tons freight
moved, 14,170 ; moved one mile, 335,188. Earnings — passenger, $7,044.47 ; freight, $15,-
866.08; mail and express, $1,835.63— total, $24,746.18. Operating expenses, $19,107.39.
Net earnings, $5,638.79. Add other receipts, $44.99— total revenue, $5,683.78. Paid taxes,
$535.17. Surplus for year, $5,148.61 ; surplus from 1890, $6,379.19 ; total, $11,527.80.

General Balance Sheet, June 30, 1891.

Cost of Road $332,661 18

Cost of Rolling Stock 41,308 13

! Current Accounts and Cash on Hand. . . . 11,527 80

Total Assets $386,497 11

Capital Stock Paid in (par, $50) $304,900 00

Capital Stock Part Paid 2,52721

Profit and Loss 78,069 90

Total Liabilities $385,497 11

Annual meeting, second Monday in January, at Montrose, Pa.

Directors (elected January 11, 1892).— Robert Klotz, Charles O. Skeer, Mauch Chunk,
Pa. ; S. D. Thomas, H. D. Sherman, Lemuel Blakslee, Springville, Pa. ; C. M. Gere, J. H.
Sayre, John S. Tarbell, Azor Lathrop, Montrose, Pa. ; Abram Luce, Lynn, Pa. ; Paul Bil-
lings, W. E. Little, Tunkhannock, Pa.

JAMES I. BLAKESLEE, President and Purchasing Agent. .Mauch Chunk, Pa.
Secretary— 3 . R. Raynsford Montrose, Pa. | Treasurer— Asa P. Blakslee Mauch Chunk, Pa.

PRINCIPAL OFFICE AXD ADDRESS Mauch Chunk, Pa.

382 POOR'S MANUAL OF RAILROADS.

MORRIS COUNTY RAILROAD COMPANY.

Line of Road. — Port Oram, N. J., to Charlotteburg, N. J 17 miles.

Sidings, 1 mile. Gauge, 4 ft. 81 in. Rail (steel), 56 Ibs.

History.— Road built in 1886, and opened from Green Pond to Port Oram, N. J., 12
miles, in 1887. In 1888 the Charlotteburg and Green Lake RR. was acquired and consoli-
dated.

Financial Statement.— Capital stock, $300,000 ; funded debt, 1st mortgage 6 per cent.
30-year $1,000 coupon bonds, dated Sept., 1886, interest March and Sept., $300,000.

Directors. — Garret A. Hobart, John W. Griggs, Joseph L. Cunningham, Alexander
Elliott, Paterson, N. J. ; M. Allan Emory, Frenchtown, N. J. ; Albert A. Wilcox, Paterson,
N. J. ; Joseph Wharton, Wni. R. Wharton, Philadelphia, Pa. ; Elias Wright, Atlantic City,
N. J.; Frederick Voight, Harry C. Wenner, Camden, N. J. ; Edward A. Kelly, Port Oram, N. J.

GARRET A. HOBART, President Paterson, N. J.

Edward A. Kelly, Vice-Pres., Sec., & Treas Port Oram, N. J.

PRINCIPAL OFFICE AND ADDRESS Port Oram, N. J.

MOSHASSTICK VALLEY RAILROAD COMPANY.

Line of Road. — Woodlawn Station, R. I., to Saylesville 2 mile?.

Sidings, 0.6 mile. Gauge, 4 ft. 8i in. Rail (steel, 2 miles), 56 Ibs.

History.— Chartered June 11, 1874 ; amended Feb. 18, 1876 ; road opened January 5, 1877.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; freight (box, 2 ; coal, 3), 5.

Operations for year ending June 30, 1891. — Passengers carried, 18,501. Tons freight
moved, 62,964. Earnings— passenger, $880.67 ; freight, $24,749.68 ; mail, $240 ; other,
$365.37— total, $26,235.72. Operating expenses, $26,005.71. Net earnings, $230.01. Sur-
plus forward, $52,335.12— total, $52,565.13.

Financial Statement, June 30, 1891.— Capital stock, $50,000 ; profit and loss, $52,565.13
—total, $102,565.13. Contra: Cost of road, $72,092.19 ; rolling stock, $13,400 ; real estate,
etc., $10,519.99 ; materials and fuel, $1,793.85 ; current accounts, $4,412.11 ; cash on hand,
$346.99— total, $102,565.13.

Directors.— W. F. Sayles, F. C. Sayles, Charles 0. Read, Pawtucket, R. I. ; Wm. G. R.
Mowry, Roscoe S. Washburn, Providence, R. I.

W. F. SAYLES, President Pawtucket, R. I.

Secretary— Charles O. Read Pawtucket, R. I. | Treasurer—Fred.. C. Sayles Pawtucket, R. I.

PRINCIPAL OFFICE AND ADDRESS Saylesville, R. I.

MOUNT JEWETT, KINZTJA AND RITERSVILLE RAILROAD COMPANY.

Main Line of Road. — Mount Jewett. Pa., to Camp Halsey, Pa 5.00 miles.

Brs.: Gaffneys, 1; McAmblys, 0.50; Beaver Meadows, 0.50; Kushequa Pond, 0.25.2.25 miles.

Total length of lines owned, June 30, 1891 7.25 miles.

Gauge, 4 ft. 8i in. Rail (steel), 50 and 63 Ibs.

History.— Chartered April 27, 1889. Main line built in 1889, and branches during the
past year. Since the close of the fiscal year this company has leased the Kinzua Hemlock
RR. extending from Camp Halsey to West Line, 10.50 miles, and made a trackage contract
with the Kinzua Valley RR., from West Line to Town Site, Pa., 4 miles, making total line
now operated, 21.75 miles.

Rolling- Stock, June 30, 1891. — Locomotive engines, 3. Cars— passenger, 1 ; freight
(box, 2 ; platform, 2), 4 ; other, 25— total, 30. All this equipment is leased.

Operations for year ending June 30, 1891. — Train mileage — passenger and freight statis-
tics not reported. Earnings — freight, $11,316.86. Operating expenses — transportation,
$6,368.08 ; motive power and cars, $672.85; maintenance of way, etc., $3,062.96; general,
$616.28— total, $10,720.17. Net earnings, $596.69.

POOR'S MANUAL OF RAILROADS. 383

Financial Statement, June 30, 1891.— Capital stock (par, $50)r $80,000 ; funded debt (1st
mortgage 6 per cent. 4-year bonds, dated April 1, 1891, interest payable April and October),
$40,000; current accounts, $2,440.42 ; interest due on funded debt, $600— total, $123,040.42.
Contra : Cost of road and equipment, $66,040.42 ; stocks and bonds owned, $57,000.

Annual meeting, January 12, at Kane, Pa.

Directors.— Elisha K. Kane, D. T. Hall, J. D. Broodor, Joshua Davis, Thomas L. Kaue,
Kane, Pa.

ELISHA K. KANE, President Kane, Pa.

F. L. Holmes, General Manager Kushequa, Pa.

Treasurer— Thomas L. Kane Kane, Pa. | Gen. Superintendent— J. D. Watts Kushequa, Pa.

PRINCIPAL OFFICE AXD ADDKESS Kushequa, Pa.

Transfer Office Kane, Pa.

MOUNT MCGREGOR RAILROAD COMPANY.

Line of Road Projected.— Saratoga Springs, X. Y., to Caldwell, X. Y 25.00 miles.

Completed : Saratoga Springs to Mount McGregor, X. Y 10.50 miles.

Sidings, 0.47 mile. Gauge, 3 ft. Rail, 35 Ibs. per yard.

History. — Organized April, 1889, as successor to the Saratoga, Mount McGregor and
Lake George RR. Co. (chartered February 27, 1882 ; road opened March 17, 1883), whose
property was sold at foreclosure sale in October, 1888. (See MANUAL for 1889, page ?00.)
Sold at referee's sale, October 19, 1891, to W. J. Arkell, for $28,500.

Rolling Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 7 ; baggage,
etc., 1 ; freight (platform), 4 — total cars, 12.

Operations for year ending June oO, 1891. — Train mileage (passenger), 12,474 miles.
Passengers carried, 21,065 ; carried one mile, 207,486 ; average mile rate, 4.83 cents. Earn-
ings—passenger, $10,027.18 ; mail, $25 ; other, $5— total, $10,057.18. Operating expenses-
transportation, $3,618.05 ; motive power and cars, $279.98 ; maintenance of way, etc.,
$3,421.33; general, $2,774.02— total, $10,093.38. Deficit from operations, $36.20*. Pay-
ments: Interest on bonds, $3,000; rentals, $515; taxes, $682.68— total, $4,233.88. Deficit
for year, $4,233.88 ; deficit forward, $6,586.40— total, $10,820.28.

Financial Statement, June 30, 1891.— Capital stock (common, $175,000; preferred,
$325,000), $500,000 ; funded debt (1st mortgage 6 per cent, bonds, dated May, 1889, $22,500;
2d mortgage bonds, issued May, 1889, $27,500), $50,000 ; bills payable, $3,530.50 ; current
accounts, $4.001.72 ; interest on mortgages, $6,375 ; pay-rolls and sundries, $2,618.38— total,
$566,515.60. Contra : Cost of road, equipment, etc., $555,042.20 ; cash on hand, $613.22 ;
current accounts, $39.90; profit and loss, $10,820.28— total, $566,515.60.

Annual meeting, first Tuesday in February, at Ballston Spa, N. Y. Preferred stock is
entitled to non-cumulative dividends of 6 per cent, per annum.

Directors. — W. J. Arkell, New York, N. Y.; Alexander B. Vrooman, John Warner,
Amsterdam. X. Y. ; James Arkell, A. G. Richmond, Edward S. Smith, Adam Smith, Bart-
lett Arkell, 'Canajoharie, N. Y. ; Douglass W. Maybee, Frank Jones, Geo. E. Settle, Win. A.
Mehau, Edward F. Grose, Ballston Spa, N. Y.

W. J. ARKELL, President New York, N. Y.

Vice-Pres.— Douglass W. Maybee. . .Ballston Spa, N. Y. | Secretary tt- Treas.— Frank Jones. .. Ballston Spa, N. Y

PRINCIPAL OFFICE AND ADDRESS Ballston Spa, N. Y.

MOUNT WASHINGTON RAILROAD COMPANY.

Line of Road. — Base to Summit of Mount Washington, X. H 3.33 miles.

Sidings, 0.33 mile. Gauge, 5 ft. 3 in. Rail (steel, 2 miles), 50 Ibs.

History. — Chartered in 1858 ; construction commenced in 1866 ; road opened in July,
1869. Operated from June to October each year.

384 POOR'S MANUAL OF RAILROADS.

Rolling Stock, June 30, 1891. — Locomotive engines, 6. Cars — passenger, 7 ; baggage,
mail, and express, 1 ; freight (platform), 2 — total cars, 10.

Operations for year ending June 30, 1891. — Train mileage not reported. Passengers
carried, 9,592; carried one mile, 59,813. Earnings— passenger, $28,401.75; freight, $46;
mail, $150 ; other, $313.90— total, $28,911.65. Operating expenses— transportation, $4,792.40;
motive power and cars, $1,109.26 ; maintenance of way, etc., $3,128.03 ; general, $3,449.60
—total, $12,479.29. Net earnings, $16,432.36. Add interest and dividends, $180— total
revenue, $16,612.36. Payments : Interest and premium on bonds, $236 ; dividends on stock,
$12,950— total, $13,186. Surplus, $3,426.36 ; surplus forward, $14,598.86— total, $18,025.22.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $129,500 ; profit and
loss, $18,025.22 — total, $147,525.22. Per contra: Construction, equipment, real estate, and
buildings, $139,500 ; securities owned, $6,000 ; cash balance, $2,025.22— total, $147,525.22.

Dividends payable in November, at Treasurer's office, Boston, Mass. Annual meeting,
second Wednesday in May, at Concord, N. H. Voting power attaches to stock immediately
after transfer. Stock listed on Boston Stock Exchange.

This company has made fourteen dividend payments, aggregating 187 per cent, on stock,
the first (9 per cent.) in November, 1887, and the last (10 per cent.) in November, 1890.

Directors (elected May 13, 1891).— John P. George, Nathaniel White, Jr., John H. Pear-
son, Concord, N. H.; Frederick Smyth, Manchester, N. H. ; Walter Aiken, Franklin Falls,
N. H. ; George A. Fernald, James T. Furber, Boston, Mass.

WALTER AIKEN, President and Gen. Manager Franklin Falls, N. H.

Secretary— F. E. Brown Concord, N. H. | Treasurer— Edward D. Harlow Boston, Mass.

PRINCIPAL OFFICE AND ADDRESS 35 Congress Street, Boston, Mass.

MOUNT PENN GRAVITY RAILROAD COMPANY.

Line of Road. — Mineral Spring Park to summit of and around Mt. Penn, Pa. 7.48 miles.
Sidings, etc., 0.26 mile. Gauge, 4 ft. 8| in. Rail (steel), 45 Ibs.

History.— Chartered April 26, 1889, and road opened throughout, March 31, 1890.

Rolling Stuck. — Locomotive engines, 3. Cars — passenger, 9 ; platform, 1 ; other, 3.

Operations for year ending June 30, 1891. — Passenger train mileage, 24,848 miles. Pas
sengers carried, 84,479 ; carried one mile, 633,593. Earnings — passenger, $19,298.15; freight
$25.50— total, $19,323.65. Expenses— transportation, $12,196.47 ; motive power and cars
$1,371.35 ; way and buildings, $1,018.71 ; general, $3,436.34— total, $18,022.87. Net earn
ings, $1,300.78. Paid dividends (8 per cent.), $8,000 ; taxes, $237.22— total, $8,237.22
Balance, deficit, $6,936.44.

Financial Statement, June 30, 1891.— Capital stock ($50 shares), $100,000 ; funded debt,
1st mortgage 6 per cent. 10-year $100, $500, and $1,000 coupon bonds, due April 1, 1901,
redeemable in 1896, interest payable April and October. $35,000 ; current accounts, $100 —
total, $135,100. Contra: Cost of road, $101,122.03 ; rolling stock, $31,660.28; materials and
fuel, $1,340.56 ; profit and loss, $977.13— total, $135,100.

Annual meeting, second Monday in July, at the company's office, Reading, Pa. Trustee
of bonds, Reading Trust Company, Reading, Pa. Registrar of stock, the Secretary.

Directors.— Charles Rick, James Nolan, S. E. Aucona, J. G. Hawley, T. P. Merritt,
F. S. Livingood, M. B. McKnight, Daniel H. Wingerd, W. R. Mcllvain, B. F. Owen, H. A.
Muhlenberg, J. G. Leinbach, Reading, Pa.

JAMES RICK, President Reading, Pa.

D. B. B. Beaver, Vice- President Reading, Pa.

Sec. and Treat.— Frank S. Livingood Reading, Pa. | Supt. & Ch. Eng.—Wm. Harper Reading, Pa.

PRINCIPAL OFFICE AND ADDRESS N. E. cor. Fifth and Penu Sts., Reading, Pa.

NANTUCKET RAILROAD COMPANY.

Line of Road.— Nantucket, Mass., to Siasconset, Mass 11.16 miles.

Sidings, etc., 0.80 mile. Gauge, 3 ft.

American Bank Note ComPany'

78 TO 86 TRINITY PLACE, NEW YORK.

BUSINESS FOUNDED, 1795. — INCORPORATED UNDER LAWS OF STATE OF NEW YORK, 1858. — REORGANIZED, 1879.

ENGRAVERS E PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange. Letter Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IX THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES.

WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING.

Special papers manufactured exclusively for use

of the Company.

SAFETY COLORS. - - SAFETY PAPERS,

WORK EXECUTED IN FIRE-PROOF .BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,

AND

ILLUMINATED SHOW CARDS

OF THE MOST APPROVED STYLES.
NUMBERED, LOCAL AND COUPON TICKETS, of any Size, Pattern, Style, or Device with Steel Plate Tints.

AND TYPE PRINTING,

SHOW CARDS, LABELS, CALENDARS.

Blank: Books of Every Description.

TRUSTEES :

JAMES MACDONOUGH, PRESIDENT.

AUG. D. SHEPARD,— VICE-PRESIDENTS— TOURO ROBERTSON.

THEO. H. FREELAND, SECRETARY & TREASURER.
JNO. E. CURRIER, ASST. SECRETARY. J. K. MYERS, ASST. TREASURER.

P. C. LOUNSBURY. JOS. S. STOUT, J. B. FORD,
H. PORTER, W. J. ARKELL, E. C. CONVERSE. ELLIOTT F. SHEPARD

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POOR'S BUREAU

OF

Information and Investigation,

Conducted in connection with and as an adjunct to

Poor's Manual of Railroads,

WILL FURNISH UPON ORDER

Detailed information relative to new or projected Railroads,

Analyses of Railroad and other reports,

Statistics of Steam, Electric, Cable and Horse Railways,

Advance information relative to Railroad reports, etc. ; or will make

Full and comprehensive investigations into Railroad mortgages, bonds, leases or
other contracts.

In a word, we propose to furnish information of any character coming within the scope
of this Bureau, but not contained in or within the province of our three annual publica-
tions, viz.:

POOR'S MANUAL, OF RAILROADS,

POOR'S HAND-BOOK ON INVESTMENT SECURITIES,

POOR'S DIRECTORY OF RAILWAY OFFICIALS and

MANUAL OF AMERICAN STREET RAILWAYS.

Subscribers to any of the above-named works may address their inquiries to us, and
a prompt reply will be mailed at a cost based upon the length of time occupied on the work.

Special attention will be given to the preparation of Historical Statements of existing
or defunct corporations ; to investigations into the value of old railroad bonds, and to the
preparation of statistical exhibits designed to show the value of railroad securities. Besides
this, investigations will be made at anytime through official channels into the status of
new projects, and reports made thereon. Proceedings in foreclosure or reorganization will
be carefully followed, and all facts relating to such proceedings noted for reference.

It is believed that the establishment of this Bureau will prove of great benefit to the
subscribers for our annual publications, as it will enable them at a nominal cost to avail of
our unequalled facilities for the collection of news items relative to Railroad Invest-
ments or projects, besides securing the privilege of access to our Library, which contains
all reports and documents issued during the past half century.

Annual subscribers to this Bureau may call for whatever information they desire
during the period of their subscription. Terms upon application. Address

JOHN P. MEANY, Manager,

70 Wall Street, New York, N. Y.

POOR'S MANUAL OF RAILROADS. 385

History. — Opened to Surfside, 3 miles, July, 1881 ; to Siasconset during 1884.

Rolling Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 3 ; combina-
tion, 1 ; freight (flat), 2 ; other, 1 — total cars, 7.

Operations for year ending June 30, 1891. — Train mileage (passenger), 9,284 miles. Pas-
sengers carried, 23,864 ; carried one mile, 262,504 ; average mile rate, 2.62 cents. Earnings
—passenger, $6,872.90 ; freight, $571.58 ; mail, $160.41— total, $7,604.89. Operating ex-
penseB — transportation, $2.128.74 ; maintenance of equipment, $428.98 ; maintenance of way,
etc., $2,432.11; general, $910.25— total, $5,900.08. Net earnings, $1,704.81. Payments:
Interest on bonds, $1,160 ; taxes. $22.20— total, $1,182.20. Balance, deficit, $522.61. Sur-
plus forward, $3,031.60 ; net surplus, $2,641.73.

Financial Statement, June 30, 1891.— Capital stock (authorized, $100,000), $84,000;
funded debt (1st mortgage 7 per cent, bonds, due 1890), $17,000 ; profit and loss, $2,641.73 —
total, $103.641.73. Contra: Cost of road, $88,568.42 ; equipment, $14; 413.18; cash, $145.-
50; materials and supplies, $514.63— total, $103,641.73.

Directors.— Jonathan -Dorr, John H. Norton, P. H. Folger, H. E. Sheldon, James \V.
Curtwright, Boston, Mass.

JONATHAN DOKK, President Boston, Mass.

Treas. and Clerk— John H. Norton Boston, Mass. | Superintendent— P . H. Folger Boston, Mass.

PRINCIPAL OFFICE AND ADDRESS 31 Milk Street, Boston, Ma.-s.

NARRAGANSETT PIER RAILROAD COMPANY.

Line of Road. — Kingston, K. I., to Narragansett Pier, R.I 8.5 miles.

Sidings, etc., 0.8 mile. Gauge, 4 ft. 8i in. Rail (steel, 6 miles), 56 Ibs.

History. — Chartered in January, 1868 ; road opened July 17, 1876 ; operated in connec-
tion with the Xew York, Providence and Boston RR.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; combination, 3 ; other, 12.

Operations for year ending June 30, 1891. — Train mileage not reported. Passengers
carried ,105, 469. Tons freight moved, 17,360. Earnings— passenger, $29,388.76; freight,
$13,899.88 ; mail, $516.04 ; express, $1,253.37 ; other, $778.96— total, $45,842.01. Operat-
ing expenses, $33,008.42. Net earnings, $12,833.59. Paid interest on bonds, $6,678 ; taxes
and insurance, $847.25 — total, $7,525.25. Balance, surplus, $5,308.34.

Financial Statement, June 30, 1891.— Capital stock, $107.000 ; funded debt, $95,400—
total, $202,400. Cost of road, $187,546.13 ; equipment, $26,083.65 ; real estate, $23,300.22.

Funded debt consists of $90,000 1st mortgage 7 per cent. 20-year coupon bonds, due 1896,
interest February and August, aud So, 400 2d mortgage 7 per cent. 20-year bond?, due 1897,
interest March and September. Interest payable at treasurer's office. Annual meeting, third
Tuesday in April. Trustee of 1st mortgage, Rhode Island Hospital Trust Co. ; of 2d mort-
gage, Rowland Hazard. .

Directors (elected April, 1891). — John N. Hazard, Rowland G. Hazard, Peace Dale,
. I.; Geo. C. Robinson. B. F. Robinson, Wakefield, R. I.; J. TT. Miller, New York, X. Y.

JOHN N. HAZARD, President Peace Dale, R. I.

. tfc Treas.— R. G. Hazard. . Peace Dale, R. T. j Superintendent— G. T. Lanphear Peace Dale, R. I.

PRINCIPAL OFFICE AND ADDRESS Peace Dale, R. I.

NASHVILLE AND KNOXVILLE RAILROAD COMPANY'

of Road Projected.— Lebanon, Tenn., to Glen Alice, Teiin 125fmiles.

'ompleted June 30, 1891 :

Main Line : Lebanon, Tenn., to Cookevile, Tenn 61.0

Carthage Branch : Hickman Junction to Carthage, Tenn 7.8— 68.8 miles.

iauge, 4 ft. 9 in. Rail (steel, 66.8 miles), 60 Ibs.
95

386 POOR'S MANUAL OF RAILROADS.

History. — Chartered March 22, 1884. Main line opened, as above, in 1890 ; branch built
in 1889.

(tolling1 Stock. — Locomotive engines, 4. Cars — passenger, 4 ; baggage, etc., 1 ; freight
(box, 6 ; platform, 27 ; coal, 5), 38 ; caboose, 1 — total cars, 44.

Operations for year ending June 30, 1891. — Train mileage — passenger, 19,560 ; freight,
19,500 ; mixed, 1,800— total, 57,120 miles. Passengers carried, 25,405 ; carried one mile,
609,720. Tons freight moved, 24,385 ; moved one mile, 585,240. Earnings — passenger,
$21,156.65 ; freight, $38,212.05 ; mail, $2,400 ; express, $617.77 ; other, $45.30— total, $62,-
431.77. Operating expenses, $37,855.70. Net earnings, $24,570.07. Paid interest on bonds,
$40,260 ; taxes, $2,635.02— toial, $42,895.02. Deficit for year, $18,318.95.

Financial Statement, June 30, 1891.— Capital stock (authorized, $500,000; par, $100),
$372,700 ; funded debt (see below), $671,000; current accounts, $489,760.81— total, $1,533,-
465.81. Contra : Cost of road, $1,390,546.63 ; rolling stock, $45,084.19 ; current accounts,
$72,280.76 ; cash on hand, $7,235.32 ; profit and loss, $18,318.95— total, $1,533,465.81. The
funded debt consists of 1st mortgage 6 per cent. 30-year $1,000 coupon bonds, dated May 1,
1888, interest payable May and November, at the office of trustee, Mercantile Trust Co.,
New York City. Authorized issue of bonds, $2,000,000 (at rate of $20,000 per mile), which
are secured by 1st mortgage on 100 miles of road between Lebanon, Carthage, and Cooke-
ville, and on oil and coal fields. •

Annual meeting, fourth Monday in April, at Lebanon, Tenn.

Directors (elected April, 1891).— A. J. Crawford, J. P. Crawford, Terre Haute, Ind.;
H. A. Crawford, St. Louis, Mo.; John L. Crawford, L. S. Hoyt, New Castle, Pa.

A. J. CRAWFORD, President Terre Haute, Ind.

H. A. Crawford, Vice- President St. Louis, Mo.

Treas. and Sec. — J. A. Crawford New Castle, Pa. | Superintendent, — A. Vandivort Lebanon, Tenn.

PRINCIPAL OFFICE AND ADDRESS Lebanon. Tenn.

Transfer Office . . New Castle, Pa.

NASHVILLE, CHATTANOOGA AND ST. LOUIS RAILWAY.

Main Line of Road. — Chattanooga, Tenn., to Hickman. Ky 320.21 miles

Shelbyville Branch : Wartrace, Tenn., to Shelbyville, Tenn 8.01

Jasper Branch : Bridgeport, Ala., to Dunlap, Tenn 43.30

Fayetteville Branch : Decherd, Tenn., to Fayetteville, Tenn 40.00

Buntsville Branch : Elora, Tenn., to Huntsville, Ala 25.58

McMinnville Br.: Tullahoma, Tenn., to Bon Air Coal Co.'s Mines, Tenn. .68.28

Tracy City Branch : Cowan, Tenn., to Tracy, Tenn 20.00

Lebanon Branch : Nashville, Tenu., to Lebanon, Tenn 29.21

Centreville Branch : Dickson, Tenn., to Lewis County Line, Tenn 46.46

Duck River Valley RR.: Columbia, Tenn., to Fayetteville, Tenn 47.92

West Nashville Branch : Nashville, Tenn., to West Nashville, Tenn 3.20—331.96 miles.

Leased : Western and Atlantic Railroad 138.00 miles.

Total length of road operated June 30, 1891 790.17 miles.

Sidings, etc., 109.99 miles. Gauge, 4 ft. 9 in. Rail (steel, 575.14 miles), 40 to 68 Ibs.

History. — Consolidation in 1873 of the Nashville and Chattanooga and the Nashville and
Northwestern RR. Cos. (See MANUAL for 1888 and subsequent issues.)

The Memphis and Charleston RR. Co. uses this company's tracks from Stevenson tc
Chattanooga, 38 miles, under an 8-year contract, dated October 1, 1880 ; rental, $60,00<'
annum. Under a 33-year agreement, dated January 18, 1881, the Alabama Great Southern
RR. Co. uses the tracks from Wauhatchie to Chattanooga, 5 miles, at an annual rental of
$14,000

On May 15, 1890, the company purchased and rebuilt the Tennessee and Coosa RR., from
Gadsden to Guntersville, Ala., 35 miles. An extension of the Jasper Branch from Duiila]*
to Pikeville, 20 miles, was put in operation July 1, 1891. The Western and Atlantic RR
leased for 29 years from December 27, 1890. at a rent a] of $35,001 per month.

387

388

POOR'S MANUAL — NASHVILLE, CHATTANOOGA AND ST. LOUIS RY.

Rolling Stock, June 30, 1891. — Locomotive engines, 128. Cars — passenger, 73 ; bag-
gage, 27 ; mail, 5 ; freight (box, 2,277 ; stock, 53 ; coal, 953 ; flat, 410 ; ore, 50 ; coke, 73 ;
caboose, 138), 3,954 — total revenue cars, 4,059. Also, 1 pay, 2 wrecking, 1 pile-driver, 2
cook, and 1 tool cars.

Operations for year ending June 30, 1891 (average 722.65 miles). — Train mileage, passen-
ger and freight statistics, see tabulated statement below. Earnings — passenger, $1,123,-
903.77; freight, $3,336.725.62; mail, $95,817.71 ; express, $65,886.19 ; other, $115,571.67—
total ($6,556.29 per mile), $4,737,904.96. Operating expenses ($4,129.02 per mile), $2,983,-
836.96. Net earnings (37.02 per cent.), $1,754,068. Payments : Rental, $214,522.26 ; interest
and taxes, $914,798.68 ; improvements, $142,617.34 ; dividends (5 per cent.), $333,427.98—
total, $1,605,366.26. Balance, surplus, $148,701.74.

Statement of operations, capital accounts, etc., for eight years :

1884

1885

1886

532.00
580.00
644.50
301.34
79
40
19
1.924
547,806
866,206

1887

1888

1889

648.97
G5',M7
738.77
499.11
92
47
24
2,414
620,872
1,207,480

1890

1891

Miles Owned

527.50
554.00
i.635.93
£276.35

79
42
18
1,884
596,078
880,854

532.00
580.00
640.62

288.24
80
40
19
1,899
611,558
897,824

554.00
592.50
663.30
360.54
73
41
19
1,200
596,176
928,406

647.01
650.21
731.21
427.64
83
46
22
2,406
623,194
1,015,122

648.97
652.17
756.14
553.64
109
57
27
2,455
827,473
1,492,969

652.17
722.65
762.16
575.14
128
73
32
3,961
958,930
1,822,601
425,128
4,048,373
1,208.208
42,085,241
3.003,585
313,755317

1,123.904

3,33(5. 72«
277,2H

Miles Operated (Aver.)
Miles of Track
Miles Steel Rails
Locomotive Engines
Passenger Cars
Baggage, Mail, and Express
Freight and Other Cars
Passenger Train Mileage . . .
Freight Train Mileage
Mixed Train Mileage

Engine Mileage

1,476,932
442,309

1,509,412
449,783

1,414,012
377,923

1,524,582
589,962

1,688,3161 1,828,352 2,320,442
870,580| 823,957 918.343
28,784,819 26,009,458 33,195;832
1,849,120 2,018.672 2,133.393
176,160,324 !201, 569 908 215-080,699

834,823 i 809,627| 868,039
2,102,956i 2.227,119 2,463,200
153,874 213,419 219,222

Freight (tons) Moved

1,004,935

1,655,830

Passenger Earnings
Freight Earnings
Other Earnings

$
663,618
1,559,766
148,702

649,737
1,435,878
155,104

$

604,820
1,429,468
153,822

725.961
1.894;715
153,574

Gross Traffic Earnings
Workin0' Expenses ....

2,372,086
1,303,446

2,240,719
1,304,002

2,188,110
1,322,858

2,774,248
1,578,611

3,091,653
1,770,249

3,300,165
1,951,445

3,550,461
2,139,851

4,737,905

2,983,837

Net Traffic Earnin°'s;

1,068,640

936,717

865,252

1,195,637

1,321,404

1,348,720

1,410,610

1.754.068
214,522
914,7W
142,617
5) 333,438

4; 129 02
2.427 27
62. 98 p. C.
2.62 c.
1.06 C.

Rentals

Interest and Taxes
improvements

662,320
106.077

(4) 26ti,802
«3,441
4,281 74
2,352 79
1,928 95
54. 90 p. c.

682,273
58,401

196,042
3,863 30
2.248 27
1,615 03
58. 10 p. c.

675,096
45,221

144,935
3.772 59
2,280 79
1,491 80
60.40 p. c.

709,834
119,480

366.323
4.6:23 74
2,631 01
1,992 71
56. 90 p. c.

760,834
145,015
(4) 266,741
148,814
4,750 39
2,723 46
2.032 93
57. 25 p. c.
2.70 c.
1.19 c.
$
6,668,575
12,307,000

ib'.526
251,445
338,650
2.057,900

869.696
60,903
(5) 333,426
84,695
5,077 17
3,002 22
1,07495
59. 13 p. c,
2.75 c.
1.13 c.

6.668,605
12i307,000

873,388
85,882
(5) 333,428
117,912
5,445 49
3,281 98
2.163 51
60.27 p. c.
2.57 c.
1.15 c.
. $
6,668,613
12,307,000

Dividends
Balance Surplus

Gross Earnings per Mile . . .
Gross Expenses per Mile. . .
Net Revenue per Mile
Expenses to Earnings

Earn per Ton per Mile

Capital Stock
Funded Debt
Int. Fund'le in Tenn. Bds..
Bills Payable and Loans —
Accounts, Pay-Rolls, etc. . .
Coupons, due July 1
Profit and Loss

$
6,670,331
8,903,000
153,600
591,499
198,466
287,970
1,115,678

$
6.668.363
8,998,000
153,600
467,268
149,111
200,905
1,381,068

18,108.315
16,905,242
62,461
481,314
69,880
280,011
204,407

$
6,668,363
9.200,000
153,600
288,046
146,908
296,905
1,571,014

$
6,668,531
9,207,000

604^40^

242,790
297,650
1,803,147

71,278
308,C95
333,610
2,239,640

355.875
306,831
333,610
2,463,239

333.610
2,751,401

Total Liabilities
Railroads and Outfit
Real Estate
Stocks, Bonds, etc
Supplies and Materials
Assets and Accounts
Cash

17,920,544
16,316,655
80,364
462,940
44,722
715,646
300,217

18,324,836
17,094,876
67,961
478,714
75,758
296,439
311,088

18,823,520
17,512,645
54,129
479,663
69,421
382,451
375,211

21.640,090
19,678.122
54,129
609,248
102,894
211,377
984,326

21.928,828
20,426,678
54,129
635,808
160,937
172,343
478,933

22,435,168
21.236,843
54,129
395,477
164,282
168.237
416,200

Total Prop'y and Assets

17,920,544

18,108,315

18,324,836

18,823,520

21,640,096

21,928,828

22,435,168

25,287,447

Annual meeting, first Wednesday after second Tuesday in September ; books close 90
days previously and reopen the day after the meeting. Books close for dividends 15 days
previous to and reopen immediately after payment of same. Dividends payable in New York
and Nashville. Registrar of stock, Continental National Bank, New York, N. Y.

POOR'S MANUAL — NASHVILLE, CHATTANOOGA AND ST. LOUIS R*Y.

389

General Balance Sheet, June 30, 1891.

Coet of Road, etc

Material!! and Supplies

Sundry Stocks and Bond*

Bills Receivable

Real Estate (not used for RR. purposes).

Current Accounts

Cash in Hands of Agents

Cash on Hand

, §23. 174.712 65 I Capital Stock (par, $100) $6.r»68,612 50

358,776 18 j Funded Debt.

12,904,000 00

895.477 04
11.067 08
49,128 95

159.401 35
96,885 93

541,997 61

Bills Payable ............................. 2.164,138 14

Interest due July 1, 1891 .................. 333.610 00

Dividend No. 46 .......................... 83.357 00

Interest and Dividends ................... 23,070 29

Accrued Interest, not yet Payable ......... 51,431 28

Audited Vouchers and Pay Rolls .......... 246,828 53

Current Accounts and Balances ........... 60.998 34

Profit and Loss. . . . 2.751.400 71

Total Assets $25,287,446 79 Total Liabilities

Statement of funded debt outstanding June 30, 1891 :

525.287,446 79

PROPERTY MORTGAGED.

Date of

Rate.

Interest
Payable

Principal
Payable.

Amount Annual
of Bonds. Charge.

Character
of Bonds.

Road and Location.

Length.

1st mtge
2d mtge
let mtge....

l^tmtge —
1st mtge....

l«t mtsre

_re
1st mtge

l*t mrie.. . .
1st nv _

Istnr.

1st mtge
Istcon.mtg.

ggp below

340.22
330.21
7.50
23.50
29.21
133.86
47.92
46.46
47.92
47.92

20.00

6.75
648.97

1873
1881
1876

1883
18S1
1878

1881
1«$2
1S73
1876

1887

1887

1888

p.c.

6
8
6
6
6
6
6
8
6

6

6
5

J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
M. & N.
J. & J.
J. & J.
J. & J.

J. & J.

J. & J.
A. &0.

Jnly 1 1913
Jan. 1 1901
Julv 1 1906
Jan. 1 1923
Oct. 1 1917
July 1 1917
Nov. 1 1909
Jan. 1 1923
Jan. 1 1896
Jan. 1 189<5
I Jan. .1892
1 Jan. .1917
Jnly 1 1917
Apr". 1 1928

S
6,300,000
1,000.000
90^000
371,000
300.000
750.000
34.000
376.000
52,000
54,000

j- 600,000

130.000
2,847,000

S

441,000
60,000
7.200
22.260
18.000
45,000
2,040
22.560
4.160
3.240

36.000

7,800

142.350

Chattanooga. Tenn., to Hickman, Ky.
Jasper to Victoria, Tenn
See below
Nashville to Lebanon Tenn

See below
Columbia to Fayetteville. Tenn
Dicksoii to Lewis Co. Line. Tenn
Columbia to Fayetteville Tenn

Columbia to Favetteville. Tenn

Cowan to Tracy City, Tenn
Sparta to Bon Air, Tenn

Main Line and Branches

The first mortgage Is 0/1873-1913 are secured on the main line, 320.21 miles, the Shelby-
ville Branch, 8.01 miles, and 12 miles of the Jasper Branch, from Bridgeport to Jasper ; in
all 340.22 miles. They are coupon bonds, of $1,000 each ; principal and interest payable at
the Continental National Bank, New York. Trustees, Adrian Iselin, V. K. S;evenson, R. T.
Wilson, New York. X. Y. Listed on the New York Stock Exchange.

The second mortgage 6s of 1881-1901 are coupon bonds of $1,000 each ; principal and
interest payable at the Continental National Bank, New York. . Trustee, Central Trust Co.
of New York. Listed on the New York Stock Exchange.

The first mortgage Jasper Branch 6* of 1883-1923 are secured on the extensions of the
Jasper Branch from Victoria to Inman, 5.5 miles, and from Victoria to Dunlap, 18 miles.
They are coupon bonds of $1,000 each ; principal and interest payable at the Continental
National Bank, New York. Trustee, Central Trust Co. of New York. Listed on the New
York Stock Exchange.

The first mortgage Lebanon Branch Qs of 1881-1917 are $1,000 coupon bonds ; principal
and interest payable in New York, at the Continental National Bank. Trustees, V. K.
Stevenson and VValston H. Brown, New York. Listed on the New York Stock Exchange.

The first mortgage Qs of 1873-1917 are secured on the Fayetteville Branch, 40 miles :
Huntsville to Elora, 25. 58 miles ; and the McMinuville Branch, 68.28 miles ; a total of 133.86
miles. Authorized issue, $6,000 per mile. They are $1,000 coupon bonds ; principal ami
interest payable in New York, at the Continental National Bank. Trustees, Adrian Iselin
and R. T. Wilson, New York. Listed on the New York Stock Exchange.

The consol. 5s of 1838-1928 are secured on the entire railroad, main line, and branches.
The authorized issue is $20.000,000, a sufficient amount of which is reserved for retirement
of prior liens. They are $1,000 gold bonds, coupon form, with provision for registration of
principal. Principal and interest payable in New York. Trustee, United States Trust Co.
New York. Listed on the New York Stock Exchange. Since the close of the fiscal year
au additional $500,000 of these bonds have been issued.

390 POOR'S MANUAL OF RAILROADS.

At a meeting of the stockholders, held June 30, 1891, it was voted to increase the capital
stock to $10,000,000, ihe increase to be offered to stockholders at $50 per share, in the pro-
portion of 50 per cent, of their holdings.

A majority of the stock ($3,385,000) is owned by the Louisville and Nashville RR. Co.,
and pledged among the collaterals for that company's trust loan. Stock listed on the New
York Stock Exchange.

DIVIDENDS. — (For statement of dividends paid by the company since its organization see
MANUAL for 1888, page 714.) Dividends ceased with that for July, 1884, and were not re-
sumed till October, 1886. From then till July, 1888, seven quarterly payments of 1 per cent,
each were made, and from October, 1888, to date the rate has been 1^ per cent, quarterly, or
5 per cent, per annum. Payments are made on the 1st days of February, May, August, and
November.

WESTERN AND ATLANTIC RAILROAD. -Atlanta, Ga., to Chattanooga, Tenn., 138 miles.
Sidings, etc., 44.96 miles. Rail (steel, 138 mile.*), 5H Ibs. Built by the State of Georgia in 1841-1850. Leased to
the Nashville, Chattanooga, and St Louis Ry. Co. for 29 years from December 27, 1890, at a rental of $35,001 per
month. Estimated value of road and property, $6,164,575.74. Officers: J. L. McCollum, Superintendent; J. M.
Brown, Traffic Manager: J L. Dickey, General Freight Agent • C. E. Harman, General Passenger Agent,
Atlanta, Ga.'

Board of Directors, N. C. & St. L. Ry. Co., elected September 9, 1891.

J. W. Thomas . . .

G. M. Fogg

W. M. Duncan . .
A. H. Robinson.
L. H. Lanier, Jr.

Nashville, Tenn.

M. Burns. Nashville, Tenn.

E. L. Jordan. .Murfreesboro1, Tenn.
G. A. Washington. Cedar Hill, Tenn.
J. W. Sparks.. Murfreesboro1, Tenn.
J. Hill Eakin Nashville, Tenn.

J. G. Aydelott Tullahoma, Tenn.

Ex. Norton New York, N. Y.

T.W.Evans

J. D. Probst "

J. H. Inman. . . " "

J. W. THOMAS, President and General Manager Nashville, Tenn.

Sec. & Treas.—S. H. Ambrose Nashville, Tenn. | Comptroller— J '. D. Maney Nashville, Tenn.

PRINCIPAL OFFICE AND ADDRESS Nashville, Tenn .

NATCHEZ, RED RIVER AND TEXAS RAILROAD COMPANY.

Line of Road.— Vidalia to Black River, La 25 miles.

Sidings, 2 miles. Gauge, 3 ft. Rail (steel), 35 Ibs.

History. — Chartered January 20, 1881, to build a railroad from Vidalia, La., to the Sabine
River, 160 miles. The company purchased (for $60,000) the old Vidalia and Western RR.,
extending from Vidalia to Concordia, and rebuilt the entire line with new material during
the year 1883. In April, 1886, the line was completed and opened as above.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 3 ; baggage, mail, etc., 1 ;
box. 25 ; platform, 15 ; caboose, 1 — total, 45.

Operations for year ending December 31, 1888 (latest reported).— Traffic statistics not
reported. Earnings— passenger, $8,346.79 ; freight, $15,689.97 ; mail, $1,094.40— total, $25,-
131.16. Operating expenses, $19,451.97. Net earnings, $5,679.19.

Financial Statement, December 31, 1881 (latest furnished).— Capital etock, $230,000;
funded debt, 1st mortgage 6 per. cent. 30-year gold bonds, due January 1, 1912, interest, Jan-
uary and July (authorized, $2,000,000, or $12,000 per mile of completed road), none outstand-
ing ; bills payable, $150,000 — total, $380,000. Contra: Construction, $55,000; equipment,
$5,000 ; real estate and buildings, $230,000 ; cash, $90,000— total, $380,000.

On December 31, 1890, the amount of capital stock issued had been increased to $485,800,
and there were outstanding $300,000 1st mortgage bonds on 25 miles of road.

Annual meeting, first Monday of December. Trustee of bonds, Farmers' Loan and
Trust Co.

Directors (elected December 16, 1891).— Hugh Porter, Charles H. Stone, Geo. W. Debe-
voise, W. H. Murphy, New York, N. Y. ; Louis Botto, R. F. Learned, Natchez, Miss. ; C. A.
Gardner, Vidalia, La.

HUGH PORTER, President and Treasurer New York, N. Y.

Vice-Pres. & Gen. Man.—C. A. Gardner ...Vidalia, La. | Sec. & Tran. Agt.—Wm. H. Murphy... New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Vidalia, La.

Transfer Office. . . .11 Pine Street, New York, N. Y.

POOR'S MANUAL OF RAILROADS. 391

NATCHITOCHES RAILROAD COMPANY.

Line of Road.— Cypress, La., to Natchitoches, La 11.1 miles.

Sidings, etc., 2.1 miles. Gauge, 4 ft. 81 in. Hail (steel), 50 Ibs.

History. — Chartered February 25, 1887 ; road opened December 18, 1887. Connects at
Cypress with the Texas and Pacih'c Ry. It is proposed to extend the line to Red River, a
distance of 15 miles.

Rolling Stock. — Locomotive engine, 1. Cars — passenger, 2 ; freight (box, 3 ; platform,
7), 10 — total cars, 12.

Financial Statement.— Capital stock, $150,000 ; bonds issued at rate of $15,000 per mile.

Directors (elected December 28, 1891).— William J. Behan, B. Beer, New Orleans, La. ;
Joseph Henry, A. E. Leniee, Leopold Caspari, W. B. Ringrose, Natcliitoches, La.

LEOPOLD CASPARI, President and General Manager Xatchitoches, La.

Vice-Preiident— Joseph Henry Natchitoches, La. I Secretary & Treat.— A.. E. Lemee — Natchitoches, La.

PRINCIPAL OFFICE AND ADDRESS Natchitoches, La.

NATIONAL DOCKS RAILWAY COMPANY.

Line of Road.— Bergen Hill, N. J., to Communipaw, N. J 2 miles.

2d track, 2 ; sidings, 3 miles. Gauge, 4 ft. 8| in. Rail (steel), 56 and 67 Ibs.

History. — Chartered July 9, 1879 ; road opened December 1, 1873. Formerly operated
under lease by Pennsylvania RR. Co.; lease cancelled in 1888, and road since operated inde-
pendently.

Income Account for year ending June 30, 1891. — Tolls on traffic, $73.8o3.45. Expenses
and taxes, $30,869.76. Net income, $42,983.69. Paid dividends, $30,000. Balance, surplus,
$12,983.69. Surplus forward, $141.30— total, $13,124.99.

Financial Statement, June 30, 1891.— Capital stock, $1,200,000; unfunded debt, $10,-
554.10 ; income balance, $13,124.99— total, $1,223,679.09. Contra: Cost of road and equip-
ment, $1,219,662.35 ; other assets, $4,016.74— total, $1,223,679.09.

Dividends payable at company's office.

CHARLES A. STERLING, President 55 Broadway. New York, N. Y.

Treasurer— C. M. Johnson New York, N. Y. | Secretary— James A. Hand New York, N. Y.

PRINCIPAL AND TRANSFER OFFICE 55 Broadway, New York, N. Y.

NEVADA-CALIFORNIA-OREGON RAILWAY.

Line of Road. — Reno, Nev., to Amedee, Cal 80 miles.

Siding, 2.75 miles. Gauge, 3 ft. Rail (steel, 50.05 miles), 30, 35, and 40 Ibs.

History. — Reorganization after foreclosure sale, April 17, 1884, of the Nevada and Oregon
RR. Co. (See MANUAL for 1891.) The road is in progress of extension for a distance of 33
miles over mountain range north of Honey Lake to Madelain Plain.

Ilolliiitr Stock. — Locomotive engines, 4. Cars — passenger, 4 ; freight (box, 8 ; plat-
form, 16 ; stock, 8 ; section cars, 6), 38— total, 42. Four-wheeled cars, 10.

Operations, Financial Statement, etc. — The road with its franchise, realty, and equip-
ment being strictly private property, and in progress of extension without aid from others,
makes public statements unnecessary. There are neither issues of stocks, bonds, nor debt
obligations ; cash is paid for everything monthly as the work progresses.

E. GEST, Manager Reno, Nev.

J. M. Fulton, Master of Transportation Reno, Nev.

GENERAL OFFICE . .Reno, Nev.

392 POOK'S MANUAL OF RAILROADS.

NEVADA CENTRAL RAILROAD COMPANY.

Line of Road. — Battle Mountain, Nev., to Austin, Nev 93.5 miles.

Sidings, etc., 3 miles. Gauge, 3 ft. Rail, 35 Ibs.

History. — Reorganization of the Nevada Ry. Co., whose property was sold under fore-
closure on June 21, 1887. (See MANUAL for 1891, page 804.)

Rolling Stock, June 30, 1891. — Locomotive engines, 4. Cars — passenger, 3 ; freight
(box, 17 ; stock, 4-; platform, 47), 68 — total cars, 71. Also 1 caboose and 10 hand cars.

Operations for year ending June 30,1891. — Train mileage — passenger, 7,370; frei.ht,
22,111 — total, 29,481 miles. Passengers carried, 1,014 ; carried one mile, 85,826 ; average
mile rate, 7.68 cents. Tons freight moved, 3,440 ; moved one mile, 235,224 ; average ton-
mile rate, 10.43 cents. Earnings — passenger, $6,592.32 ; freight, $24,555.73 ; mail, $1,-
531.44 ; express, $650.01 ; miscellaneous, $156.16— total, $33,485.66. Operating expenses-
transportation, $14,246.55 ; maintenance of way, $10,115.68 ; of equipment, $5,893.21 ;
general, $6,992.16— total, $87,247.60. Deficit, $3,762.94.

Earnings for six months ending December 31, 1891. — Passenger, $3,558.12 ; freight,
$15,546.67; mail, $840.03 ; express, $314.14; other, $102.15— total, $20,381.11. Operating
expenses — maintenance of way, $5,503.34; of equipment, $3,281.48; transportation, $6,-
953,13 ; general, $4,452.47 ; taxes (balance of 1890, $919.84; for 1891, $8,133.12), $9,052.96
—total, $29,243.38. Deficit, $8,862.27.

Financial Statement, December 31, 1891.— Capital stock, $750,000 ; funded debt (5 per
cent, non-cumulative income bonds, due July 2, 1938, interest payable January and July at
New York, N. Y., out of net earnings only), $750,000 ; due to individuals, etc., $61,059.35 ;
earnings (6 months), $20,381.11— total, $1,581.440.46. Contra: Cost of road, $1,500,000;
supplies, etc., $2,000 ; cash and current accounts, $18,041.87; expenses (6 months), $29,-
243.38; profit and loss, $32,155.21— total, $1,581,440.46.

Annual meeting, second Tuesday in October ; books close ten days previously. Trustee
of bonds, Central Trust Co., New York, N. Y.

Directors.— 1. N. Phelps Stokes, A. C. Washington, A. B. Elliman, New York, N. Y. ;
C. W. Hinchcliffe, 0. B. Vincent, P. F. Farnsworth, John E. Cox, Austin, Nev.

I. N. PHELPS STOKES, President New York, N. Y.

Gtn. Supt. & SeC.—C. W. Hinchcliffe Austin, Nev. | Treasurer—A. B. Elliman New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Austin, Nev.

New York Office. . . .47 Cedar Street.

NEVADA COUNTY NARROW-GAUGE RAILROAD COMPANY.

^ B

Line of Road.— Coif ax, Cal., to Nevada City, Cal 22.64 miles.

Sidings, 4 miles. Gauge, 3 ft. Rail (steel, 6 miles), 35 Ibs.

History.— Chartered April 4, 1874. Road opened throughout, May 24, 1876.

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars— passenger, 2 ; baggage,
combination, 2 ; freight (box, 20 ; platform, 25), 45 ; other cars, 4 — total cars, 53.

Operations for year ending June 30, 1891. — Train mileage — passenger, 5,004 ; freight,
18,334 ; mixed, 29,703; other, 1,820— total, 54,861 miles. Passengers carried, 40,128 ; carried
one mile, 403,286 ; average mile rate, 8.05 cents. Tons freight moved, 22,550 ; moved one
mile, 502,200 ; average ton-mile rate, 10.14 cents.

Earnings.— Passenger $32,491 59

Freight 50,948 33

Mail 1,71320

Express 2,548 39

Miscellaneous... 2,24930

Total ($3,964.67 per mile) $89,760 31

Expenses.— Transportation $13,198

Motive Power 13,190 54

Maintenance of Cars 10,301 79

Maintenance Way and Buildings. 23,203 56

General... . 10.57279

Total ($3,112.49 per mile) $70,466

Net earnings (21.47 per cent.), $19,293.45. Payments: Interest on bonds, $20,800 ; 011

POOR'S MANUAL OF RAILROADS. 393

debt, $200— total, $21,000. Balance, deficit, $1,706.55. Surplus forward, $108,003.13 ; net
surplus, $106,296.58.

Financial Statement, June 30, 1891.— Capital stock (authorized, $400,000 : par, $100),
$242,200 ; funded debt (1st mortgage 8 per cent. 20-year $1,000 coupon bonds, due January
1, 1896, interest payable January and July, authorized, $325,000), $260,000 : bills payable,
$3,595.82 ; current accounts, $4,480.65 : July coupons, $10,400 ; profit and loss, $106,296.-
58 — total, $626,973.05. Contra: Cost of road and buildings, $542.148; rolling stock,
$75,855.05 : materials and fuel on band, $5,737.72 ; current accounts, $3,232.28.

Annual meeting, first Wednesday in April, ar Grass Valley, Cal. Books close ten days
previously. Trustees of uonds, M. P. O'Conner. San Jose, Cal., and R. W. Tully, Stock-
ton, Cal. Total number of dividends paid to date, three ; payable March and September.
Stocks listed on San Francisco Stock and Bund Exchange.

Directors (elec°ed April 1, 1891). — John F. Kidder, George Fletcher, Edward H. Brown,
Geo. D. McLean, Peter Johnston, Grass Valley, Cal. ; A. H. Parker, Frank G. Beatty, Nevada
City, Cal.

JOHN F. KIDDER, President and General Manager Grass Valley, Cal.

Peter Johnston, Vice-P resident Grass Valley, Cal.

Sec. and Auditor — George Fletcher. .Grass Valley, Cal. j Treasurer — Edward H. Brown Grass Valley, Cal.

PRINCIPAL AND TRANSFER OFFICES Grass Valley, Cal.

NEWBTTRGH, DTJTCHESS AND CONNECTICUT RAILROAD COMPANY.

Line of Road. — Dutchess Junction to Millerton, N. Y 58.84 miles.

Sidings, 10.46 miles. Gauge, 4 ft. Si in. Rail— iron, 56 Ibs. ; steel (50.90 miles), 60 to 74 Ibs.

History. — Organized as Dutchess and Columbia, September 4, 1866 ; road opened in
1869-71 ; sold under foreclosure August 5, 1876, and purchased by 1st mortgage bondholders,
who organized the existing company January 8, 1877.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 7. Cars — passenger, 7; baggage,
mail, etc., 3 ; freight (box, 52 ; stock, 4 ; charcoal, 3 ; platform, 22 ; coal, 116), 197 ; caboose,
1 ; other, 1 — total cars, 209.

Operations for year ending June 30, 1891. — Train mileage — passenger, 26,952 ; freight,
81,804— total, 108,756 miles. Passengers carried, 81,639 ; carried one mile, 859,907 ; aver-
age mile rate, 2.59 cents. Tons freight moved, 99,108 ; moved one mile, 1,945,054 ; average
ton-mile rate, 3.69 cents.

Earnings.— Passenger $22 ,342 41

Freight 71.S22 05

Mail and Express 5.797 96

Miscellaneous 75,946 65

Total ($2.986.22 per mile) $175,909 07

Expenses.— Transportation $39,520 77

Motive Power and Cars 20,513 75

Maintenance Way & Buildings. . 66.522 65

General. . . 19,114 70

Total $2,656.67 per mile) $145,671 87

Net earnings (19.48 per cent.), $30,237.20. Add rent received, $279.72 — total available
revenue, $30,516.92. Payments: Interest ou bonds, $10,500; other interest, $4,951.03;
taxes, $16,602.15— total, $*21,553.18. Balance, surplus, $8,963.74. Surplus forward, $67,-
279.11— total, $76,242.85. Deduct accounts charged to profit and loss, $325.59 — net sur-
plus as per general balance sheet, $75,917.26.

General Balance Sheet, June 30, 1891.

Cost of Road $2,540,677 74 ' Capital Stock $1,087,450 00

Cost of Rolling Stock 58,469 28 I Funded Debt Outstanding 1,314,500 00

Real Estate 1.223 47 ' Real Estate Mortgages 80,000 00

Materials and Fuel on Hand 19,93083 Open Accounts 5,88238

Current Accounts 23,765 22 Bills Payable and Loans 13,469 50

Cash on Hand 19,670 19 | Interest on Bonds Due and Accrued 76,02000

Audited Vouchers and Pay Rolls 10,497 59

Profit and Loss 75,917 26

Total Assets 32 663 736 73

Total Liabilities $2,663,736 73

394 POOR'S MANUAL OF RAILROADS.

The funded debt outstanding consists of $150,000 (authorized, $600,000) 1st mortgage 7
per cent. 30-year bonds, dated June 1. 1887, interest payable May and November, and $1,164, -
500 income mortgage 6 per cent. 100-year bonds, dat^d June 1, 1887, interest payable when
earned, both or these being secured on tbe road and franchise ; also a real estate mortgage,
dated August 1, 1877, and bearing interest at rate of 6 per cent., payable February and
August, secured on the terminal lands. John S. Schultze, trustee of bonds. Capital stock
consists of $500,000 common and $587,450 preferred ; par, $50.

Directors (elected at annual meeting in January, 1892). — John S. Schultze, Boonton,
X. J. ; William S. Eno, William Lummis, New York, N. Y. ; L. B. Ward, Jersey City, N. J.;
William N. Sayer, Pine Plains, N. Y. ; R. G. Coffin, Mill brook, N. Y. ; George Potter,
Billings, N. Y. ; Albert Emans, La Grangeville, N. Y. ; R. C. Tan Wyck, Hopewell Junction,
N. Y.; Charles L. Kimball, Fishkill-on-Hiideon, N. Y. ; S. I. Wright, Elizabeth, N. J.; N. T.
Plass, Copake Iron Works, N. Y. ; Wm. H. Moore, Matteawan, N. Y.

JOHN S. SCHULTZE, President and Treasurer Matteawan, N. Y.

Secretary— W. A. Wells Matteawan, N. Y. | Supt. & Fgt. Agt.—G. L. Kimball Matteawan, N. Y.

PRINCIPAL OFFICE AND ADDRESS Matteawan, N. Y.

NEW HANOVER TRANSIT COMPANY'S RAILROAD.

Line of Road. — Doctors Pt., C. Fear Riv., to Carolina B'ch, Atlantic Ocean. .3.50 miles.
Sidings, 0.12 mile. Gauge, 4 ft. 8$ in. Steel rails.

History. — Chartered in January, 1887 ; road opened in May, 1887.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 4 ; freight, 1 ; other, 1.

Operations for year ending March 30, 1889. — Gross earnings. $7,925; expenses, $4,984.-
12— net earnings, $2,940.88.

Financial Statement. — Capital stock, $15,000 ; funded debt, 6 per cent, bonds, due in
March, 1909, $50,000— total, $65,000. Contra: Cost of road, $37,347.15; equipment, $11,-
250.75 ; real estate, $10,370.40 ; stock in other companies, $10,000 ; old rails, etc., $4,250.

ISAAC BATES, President Wilmington, N. C.

William L. Smith, Vice-President Wilmington, N. C.

Sec. & 7reas.—J6hn V. Granger. . ..Wilmington, N. C. | General Manager— John W. Harper. Wilmington N. C.

PRINCIPAL OFFICE AND ADDRESS Wilmington, N. C.

NEW JERSEY AND NEW YORK RAILROAD COMPANY.

Main Line of Road.— N. J. & N. Y. Junction, N. J., to Garnerville, N. Y. .29.34 miles.

Stony Point Branch : Garnerville, N. Y., to Stony Point, N. Y 1.10 miles.

Nanuet and New City RR.: Nanuet to New City, N. Y. (Owned) 4.30 miles.

r -, j Garnerville RR.: Miner's Creek, N. Y., to Garnerville Print Works. . 1 .00 mile.
' ( New Jersey & New York Extension RR.: Garnerv'e to Haverstraw, N. Y.2.37 miles.

Total length of lines owned, leased, and operated, June 30, 1891 38.11 miles.

Sidings, etc. (owned, 4.9; leased, 0.40), 5.3 miles. Gauge, 4 ft. 8£ in. Rail (steel, 22.64
miles), 60 Ibs.

The company also uses the track of the New York, Lake Erie and Western Ry. Co., under
contract, from N. J. & N. Y. Junction into Jersey City, 7.49 mi'es, and from Nanuet, N. Y.,
to Spring Valley, 2.30 miles — making the total mileage of lines operated, 47.90 miles.

History. — Consolidation of Hackensack and New York and Hackensack and New York
Extension RR. Companies, November 4, 1874. Road opened May 3, 1875. Receiver ap-
pointed in 1876. The original lines sold separately — the H. & N. Y. RR. August 14, 1878,
and the H. & N. Y. Extension RR. in November, 1879. The N. J. & N. Y. RR. Co. was
organized April 3, 1880. In December, 1886, this company consolidated with tbe Hacken-
sack RR. Co., retaining the name of the New Jersey and New York RR. Co. Previous to
such date the entire stock of the Hackensack RR. Co. had been purchased, and tbe $125,000

POOR'S MANUAL OF RAILROADS. 395

first mortgage bonds reversed under the reorganization agreement for such purpose issued.

Rollinir Stock, -June 30, 1891.— Locomotive engines, 8. Cars— passenger, 16 ; baggnge,
etc., 5 : frriirht (box, 30; platform, 39 ; stock, 1 ; caboose 1 >. 71 — total car<.

Operations f«>r year en iing June 30, 1891. — Train mileage— passenger, 251,992 ; freight,
27,412; other, 5.380- -total. 284,784 mile.-. Passengers carried, 839,6o2 ; carried one mile,
12,419.837 ; average mile rate, 1.37 cents. Tons freight moved, 129,182; moved one mile,
1,668,214 ; average ton-mile rate, 5.42 cents.
Earn i ncs.— Passenger $170.234 30 Expenses.— Transportation $102,715 38

Freight '-••

Mail and Express 14.06441

Miscellaneous ... 2. 1« 36

Total ;S5,774.71 per mile) $276.608

Motive Power and Cars 2:

Maintenance Way & Building*. 33.813 95
General 79,17106

Total ($5,086.02 per mile) $241,225 37

Net earnings (12.79 percent.), $35,383.51. Payments : Interest ou bond*, $29,000.04 ;
rentals, $11,400; taxes, $3.399.11 ; permanent improvement?, $16,269.38— total, $60,068.53.
Balance, deficit, $24.685.02.

General Balance Sheet, June 30, 1891.

Cost of Road $2.691 .952 81 Capital Stock (pref., $800,000 : par, §100) . . $2,800,000 00

Cost of Rolling Stock 160.89033 Funded Debt Outstanding 500,00000

Stock and Bonds Owned 571.40000 Bills Payable 21,50000

Materials and Fuel on Hand -. 6.104 65 Current Accounts 46,908 59

Current Accounts 16.79266 Profit and Loss 83.C95 07

Cash on Hand. . . 4.963 31

Total Assets $3.452.103 66 Total Liabilities $3,452,103 66

Funded debt ($500,000) consi>ted June 30, 1891, of the following :

1st mortgage 6 per cent. $500. etc., 30-year bonds, dated April 30, 1880, interest payable May and Nov $400,000

8d mortgage 5 per cent. 100-year bonds, dated November 27, 1885. interest payable Jan. and July 100,000

The first mortgage bonds were issued to complete the reorganization. They are coupon
bonds with privilege of registration. Of the second mortgage bonds $56,000 were issued to
liolders of preferred stock in lieu of cash dividends ; balance issued in purchase of rolling
stock. Interest on both issues of bonds payable at the office of the Mercantile Trust Co.,
New York, X. Y. Registrar of stock, Mercantile Trust Co., New York, X. Y. Annual meet-
ing, fim Monday in May.

Control of the road is vested in the preferred stock and the first mortgage bonds, till
preferred stock shall have received 6 per cent, dividends for three year.-.

RAILROADS LEASED OR OWNED BY X. J. & X. Y. RR. Co.

GARNERVTLLE RAILROAD. -N. J. & N. Y. RR. to factories at Garnervillle, 0.91 mile. Char-
tered September 14, 1S75. and road opened June 13, 1876. Sold under execution May 20. 1890. and it is resolved to
ive the company. Operated by the New Jersey and New York RR. Co. Capital stock. $55.000. Cost of
i toad, $54.455.15 ; profit and loss. $544.85— total, $55.00u. JOHN TAYLOR, President. Garnerville, N. Y.; John I.
Lawrence, Treasurer; Charles C. Birdseye, Secretary, 10 Worth St., New York, N. Y. CORPORATE OFFICE,
New York. N. Y.

NANTJET AND NEW CITY RAILROAD.-Nanuet. N. Y.. to New City. N. Y., 4.5 miles. Organ-
ized May 23. 1871 ; opened March 11. 1S74. Wholly owned by the New Jersey and New Yon, RR. Co. Cost of
i road, etc., $76,828.51. F. VERKIN, President and Treasurer, Clarkstown, N. Y.

Board of Directors, Xeic Jersey and New York RR. Co., elected May 4, 1891.

; Rob't W. de Forest. New York, N. Y. I Peter Ward Newbur^h. N. Y. ' Robert E. Hughes. . .Paterson. N. J .

i Joseph E. Gay. ... " " H. W.de Forest. ..New York. N. Y. H'y Van Buskirk.New Milford. N. J .

' Henry Seibert " "I Isaac D. Demarest. . . .Oradell. X. J. ; J. D. Hasbrouk. . Westwood. N. J .

Hiram Bellis Oradell, N. J. i Theodore Hill Hackensack. N. J.

H. \V. DE FOREST, President 120 Broadway. Xew York, N. Y.

President— Isaac D. Demarest Oradell, N. Y. Sec.. Tr-cis. <t G. J/.— J. D. Hasbrouck.New York, N. Y .

PRINCIPAL OFFICE AND ADDRESS Foot of Chambers St , X. R., Xew York '

NEW ORLEANS AND NORTHEASTERN RAILROAD COMPANY.

Line of Road.— Meridian, Miss., to Xew Orleans. La 195.90 miles.

Sidings, etc., 35.67 miles. Gauge, 4 ft. 8i in. Rail (stert, 222.87 miles), 60 Ibs.

396

POOR 8 MANUAL — NEW ORLEANS AND NORTHEASTERN RR. CO.

History.— Chartered March 16, 1870 ; road opened November 1, 1883. Included in mile-
age above is 0.38 mile of Alabama and Vicksburg Ky. This road forms part of the Queen
and Crescent route, and $4,320,000 of its stock and $4,900,000 of its 1st mortgage bonds are
held by the Alabama, New Orleans and Texas Pacific Junction Rys. Co.

Rolling Stock, June 30, 1891. — Locomotive engines, 30. Cars — passenger, 11 ; baggage
and mail, 6; freight (box, 104 ; platform, 125 ; fruit, 299 ; coal, 925 ; dump, 141 ; caboose, 23),
1,617 ; other cars, 9— total cars, 1,643.

Operations for year ending June 30, 1891. — See tabulated statement below.

Earnings.— Passenger $204,093 06

Freight 859,824 07

Mail 26,430 46

Express 19,46476

Miscellaneous 26,046 01

I Expenses.— Transportation $264,411 84

Motive Power 215,037 85

Maintenance of Cars 76,506 61

Maintenance of Way 182,700 53

General and Taxes 132,660 63

Total ($5,798.15 per mile) $1,135,858

Total ($4,447.77 per mile) $871,317 46

Net earnings (23.29 per cent.), $264,540.90 ; add interest on current accounts, $6,465.15
—total income, $271,006.05, against which was charged : Interest on bonds, $3o5,400, leaving
deficit, $94,393.95. Deficit forward, $1,954,780.19— total, $2,049,174.14.

Operations for two years ending Dec. 31, 1887, and four years ending June 30, 1891 :

1886

1887

1888

- 1889

1890

1891

Miles of Road Operated

195 90

195 90

195 90

195 90

195 90

195 90

Passenger Train Miles
Freight Train Miles.. .

214,415
271,945

313,842
255,979

334,640
324 3"01

327,977
467,532

355,721
575 529

330,665
469 928

Total Train Miles

63 1,358

685.949

809,719

1,004,409

1,114 400

1 013 868

Passengers Carried

80.835

125,041

130,883

127,666

176,134

209,571

Passengers Carried One Mile

5,068,511

6,173,836

7,387,479

7,882,190

11 630 694

10 409 347

Tons Freight Moved

2~>3 615

277986

362 163

517 318

620 489

556 065

Tons Freight Moved One Mile

40,483,264

41,915,215

57,135.530

85,444,809

100,538,783

84,281.236

Earnings— Passenger

100,850 13

$
134,420 48

$
149,932 80

$
150.72342

$
213,190 47

204,093 0&

Freight ...

470,491 63

485,073 36

567,180 98

772,188 97

935 769 91

859 824 07

Mail and Express
Miscellaneous.

21,93442
67,954 55

29,687 01
62,600 91

29,631 56
53,239 05

36,278 61
20,088 69

45,799 03
24 971 51

45,895 22
26 046 01

Total Earnings

661 235 73

711 781 76

799 984 39

979,279 69

1 219 730 92

1 135 858 36

Operating Expenses and Taxes

555,624 32

576,722 46

656,403 47

800,955 43

878,925 93

871 317 46

Net, Earnings
Car Trust and Other Interest

105,611 41
23,909 11

135,059 30
7,592 99

143,580 92
3,459 85

178,324 26
*13.698 14

340,804 99
*4 047 42

264,540 90
*6 465 15

Interest on Prior Lien Bonds.

28,487 00

52,680 00

55,730 00

60,000 00

60,000 00

65,400 00

Interest on First Mortgage Bonds

300,000 00

300,000 00

300,000 00

300,000 00

300,000 00

300,000 00

Net Deficit
Gross Earnings per Mile

246,784 70
3,375 37

225,213 69
3,633 39

215,608 93
4,083 64

167,977 60
4,998 87

15,147 59
6,226 29

94,393 95
5,798 15

Expenses and Taxes per Mile

2,836 26

2.943 96

3,350 71

4,088 59

4,486 60

4,447 77

Net Revenue per Mile

53911

689 43

73293

91028

1,739 69

1,35038

Expenses to Earnings . .

84 03 p. c

81 02 p. c

82.05 p. c.

81 79 p. c.

72.06 p. c.

76. 71 p. C.

Average Rate per Passenger per Mile
Average Rate per Ton per Mile

1.99c.
1.13c

2.18 c.
1 14 c.

2.03 c.
0.98 c.

1.91 c.
0.89 c.

1.83 c.
0.92 c.

1.96c.
1.01 c.

* Credits.
General Balance Sheet, June 30, 1891.

Cost of Property $10,742,692 45

Accrued Interest Account 271,845 59

Materials and Fuel on Hand 67,214 95

Current Accounts 94,490 22

Cash on Hand and in Transit 99,957 94

Profit and Lose 2,049,174 14

Capital Stock $5,000,000 (X

Funded Debt Outstanding 6,120,000 00

Unpaid Coupons Acct. to Dec. 31, 1884. . . 271 .

Current Accounts 14C. .

Accrued Coupon Account 16'',.-

A., N. O., T. and P. Jc. Rys. Co., Ltd. . . . 740,767 80

(coup, acc't) 867,750 00

Replacement Rolling Stock Fund 11.9-J-J ^

Total Assets $13,325,375 29 Total Liabilities $13,325.37:. 29

The funded debt consists of $5,000,000 1st mortgage 6 per cent. 30-year $1,000 bonds,
due January 1, 1911, interest payable January and July, and $1,372,000 ($1,120,000 outstand-
ing) prior lien 6 per cent. 30-year $1,000 gold bonds, due November 1, 1915, interest payable
April and October. Trustee of 1st mortgage bonds, Farmers' Loan and Trust Co., New
York, N. Y. ; of prior Hen bonds, Central Trust Co., New York, N. Y.

POOR'S MANUAL OF RAILROADS. 397

The prior lien bonds were issued in 1885 to pay off floating debt, retire equipment notes,
and pay for improvements, and took precedence, by consent, of the 1st mortgage bonds. In-
terest on both issues is payable in New York, N. Y. Annual meeting, first Wednesday in
November, at New Orleans, La.

Directors (elected November 4, 1890).— Charles Schiff, C. C. Harvey, Cincinnati, 0. ;
John P. Richardson, Henry Abraham, Jules Aldige, Harry H. Hall, R. M. Walmsley, New
Orleans, La. ; Frank S. Bond, D. Graff, New York, N. Y".

CHARLES SCHIFF, President Cincinnati, O.

C. C. Harvey, Vice- President Cincinnati, 0.

Treasurer— H. H. Tatem Cincinnati, O. ] Secretary— John Glynn, Jr New Orleans, La.

PRINCIPAL OFFICE AND ADDRESS Cincinnati, 0.

Transfer Agencies, Central Trust Co. and Farmers' Loan & Trust Co., New York, N. Y.

NEW ORLEANS AND NORTHWESTERN RAILWAY COMPANY.

Projected Line of Road,— Natchez, Miss., to Kansas City, Mo 610.0 miles.

Completed, June 30, 1891 : Natchez, Miss., to Rayville, La 77.4 miles.

Sidings, etc., 3 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History. — Chartered March 14, 1884, and succeeded to the frachises of the New Orleans,
Natchez and Fort Scott Ry. Co. Road completed as above in 1890. Extension under con-
struction and partially completed from Rayville to Bastrop, La., a distance of 24 miles,
being built by the Natchez Construction Co. Default having being made on interest, receivers
were appointed on August 28, 1891.

Rolling Stock. — Locomotive engines, 7. Cars — passenger, 3 ; baggage, mail, and ex-
press, 1 ; freight (bos, oO ; stock, 10 ; platform, 88 ; coal, 10), 138 ; caboose 1 — total cars, 14o.

Financial Statement, June 30, 1891.— Capital stock (authorized, $15,000,000 ; par, £10U)
subscribed and paid in, $4,500,000 ; funded debt outstanding, $1,540,000— total stock and
bonds, $6,040,000. Contra : Cost of road, $1,110,170.30 ; rolling stock, $90,978.76; real estate
and buildings, $42,444.18 ; materials and fuel, $68, 804. *5— total, $1,312,398.09.

tunded debt consisted June 30, 1891, of 1st mortgage 5 per cent. 50-year $1.000 gold
coupon bonds, due January 1, 1910, interest payable January and July, in New York. N. Y.
The^e bonds are authorized at the rate of $20,000 per mile, and are secured on the above com-
pleted line. Trustee, Central Trust Co., New York, N. Y. Annual meeting, third Monday
in April, at Natchez, Miss. Registrar of stock, the Secretary of the company.

On August 28, 1891, the receivers were authorized' to issue $225,000 receiver certificates,
to be applied toward payment of certain claims against the company, and for repairs to road-
way, etc. ; and on October 22, 1891, a further issue of $45,000 was authorized to purchase
rolling stock, etc.

Directors (elected April 20, 1891).— B. F. Hammett, St. Louis, Mo. ; L. K. Hyde, Titus-
ville, Pa. ; F. C. Henderson, Sioux City, la. ; J. W. Craney, Kansas City, Mo. ; A. H. Foster,
T. K. Green, J. S. Shields, J. W. Lambert, T. E. Morrison, Natchez, Miss.

W. D. JENKINS, ) Receivers j ( Natchez, Miss.

C. H. HAMMETT, f 1 \ Kansas City, Mo.

B. F. HAMMETT, President St. Louis, Mo.

Secretary— J . W.Lambert Natchez. Miss. | Treasurer— W. H. Mallery Xatchez, Miss.

PRINCIPAL OFFICE AND ADDRESS Natchez, Miss.

NEW ORLEANS AND SOUTHERN RAILROAD COMPANY.

"*-' I Main Line of Road.— New Orleans, La., to Bohemia, La 50.0

Shell Beach Branch : Poydras Junction to Shell Beach 15.5 — 65.5 miles.

Sidings, 5.75 miles. Gauge, 4 ft. 8J in. Rail (steel, 40.5 miles), 40, 50, and 53 Ibs

398 POOR'S MANUAL OF RAILROADS.

History. — This company is successor to the New Orleans and Gulf RR. Co. (organized
October 29, 1886 ; default, November 1, 1889 ; receiver, May 2, 1890— see MANUALS for 1890
and 1891), whose property was sold under foreclosure, March 5, 1891, and purchased for
account of bondholders, by whom a new organization was effected under the above title, and
possession of the railroad and appurtenances assumed August 1, 1891.

Rolling Stock, June 30, 1891. — Locomotive engines, 4. Cars— passenger, 8 ; freight
(box, 15 ; stock, 1 ; platform, 17; coal, 2), 35 — total cars, 43. Also 3 steamboats.

Operations for year ending June 30, 1891 (N. O. & G. RR.). — Train mileage, passenger,
and freight statistics not reported. Earnings— passenger, $44,065.70; freight, $124,294.10;
mail, $2,016.53 ; express, $249— total, $170,625.33. Operating expenses, $154,386.88. Net
^earnings, $16,238.45.

Financial Statement.— Capital stock (par, $100), $200,000. In the reorganization,
provision is made for an issue of $2.50,000 5 per cent. 40-year prior lien gold bonds, redeem-
able at the option of the company at 105, at the expiration of five years, andfor $1,000,000
6 per cent. 40-year first mortgage bonds, interest to be payable only if earned during the first
five years, but to be an obligatory charge thereafter, and to carry foreclosure power upon
default of four consecutive coupons. The new fir^t mortgage bonds are to be issued in
exchange, dollar for dollar, for the bonds of the old company. The prior lien bonds to the
amount of $'^00,000 are offered to holders of 1st mortgage bonds at 97i per cent., $200 prior
liens and a bonus of $200 stock for every $1,000 held, the proceeds of the sale to provide
means for improvements.

Annual meeting, second Tuesday in July, at New Orleans, La. ; books close ten days pre-
viously. Trustee of bonds, Central Trust Co., New York, N. Y. Registrar of stock, H. S.
Bell, Secretary. Interest payable at New York and New Orleans ; dividends at New
Orleans, La.

Directors. — J. A. Larnerd, Alftvd le Blanc, Lloyd R. Coleman, H. S. Bell, New Orleans,
La. ; H. P. Kernochan, Plaqueminer*, La. ; B. S. Story, St. Bernard, La. ; Joseph Price,
Charles J. Russell, Harry Pearson, London, Eng.

J. A. LARNERD, President and General Manager New Orleans, La.

Vice- President— Lloyd R. Coleman . .New Orleans, La. | Secretary and Treas.—H. S. Bell New Orleans, La.

PRINCIPAL OFFICE AND ADDRESS 34 St. Charles Street, New Orleans, La.

NEWPORT AND SHERMAN'S VALLEY RAILROAD COMPANY,

Line of Road. — Newport, Pa., to Blain, Pa , 25 miles.

Sidings, 3 mile?. Gauge, 3 ft. Rail (steel), 40 Ibs.

History. — Chartered July 31, 1890. Road opened from Newport to Loysville, 16 miles,
in 1890 ; from Loysville to Blain, 9 miles, during the past year. It is proposed to extend
the road to Germantown, 30 miles from Newport, during 1892.

Rolling' Stock, December 31. 1891. — Locomotive engines, 3. Cars — passenger, 4 ; bag-
gage, mail, and express, 1 ; freight (box, 11 ; stock, 11; platform, 10 ; coal, 16), 48; caboose,
1 ; special, 1 — total cars, 55. Of this equipment, 1 locomotive, 2 passenger, 7 box, 7 stock,
6 platform, 11 coal, and 1 caboose car were acquired through car trust.

Operations, etc. — Not reported.

Financial Statement.— Capital stock, $180,000. Contra: Cost of road, $250,000; of
equipment, $25,000 ; real estate and buildings, $25,000.

Directors.— H. H. Bechtel, W. H. Gantt, B. M. Eby, Geo. F. Flusher, Jas. Evarhart,
Newport, Pa.; Jas. A. Gray, Elliottsburg, Pa.; Dr. B. P. Hook, Loysville, Pa.

DAVID GRING, President Newport, Pa.

H. H. Bechtel, Vice-President Newport, Pa.

Secretary- Horace Beard Newport, Pa. | Treasurer— J. H. Irwin Newport, Pa.

PRINCIPAL OFFICE AND ADDRESS Newport, Pa.

POOR'S MANUAL OF RAILROADS. 399

NEWPORT AND WICKFORD RAILROAD AND STEAMBOAT COMPANY.

Lino of Road.— Wick ford Junction, R. I., to Newport, R. 1 3.4 miles.

Sid mars and other tracks, 0.16 mile. Gauge, 4 ft. 84- in. Rail (steel, 3.4 miles), 60 Ibs.

History. — Chartered in 1872 ; road opened January 1, 1874. Operated in connection with
w York, Providence and Boston RR. The company uses a steamer between Newport
and Wickford, a distance of 12 miles.

RolliiiirtStock. — Locomotive engine, 1. Cars — passenger, 1 ; baggage, 1 — total cars, 2.

Operations for year ending August 31, 1891. — Train mileage not reported. Passengers
carried. 88,284. Earnings— passenger, $39,993.24; freight, $3.217.91; mail, $9,000; express.
$2.400 ; miscellaneous, $1,217.46— total, $55,828.61. Operating expenses, $45,401.32. Net
earnings, $10,427.29. Pa ments : Interest on bonds, $2,607.65 ; dividends (October, 1890,
and April, 1891, 3 per cent, each), $6,000— total, $8,607.65. Surplus, $1,819.64 ; surplus
from 1890, $8,959.21— total surplus, $10,778.85.

General Balance Sheet, September 1, 1891.

Cost of Koad, etc 8118,018 TO j Capital Stock $100,000 00

Rolling Stock and Steamer, " Eolus " 38,471 80 I Funded Debt 50,000 00

Current Accounts 1,53645 Dividend? 1'npaid .. 1,65300

Cash on Hand 11.30489

Total Assets $169.331

Profit and Loss 17,678

Total Liabilities $169,331

The funded debt outstanding (authorized, $100,000) consists of $50,000 5 per cent, first
mortgage $1,000 coupon bonds, due August, 1920, interest payable February and August, at,
Merchants' Bank, Newport. Annual meeting, first Monday in October, at Newport, R. I.
Books close for dividends 10 days before payment of same. Dividends payable at Newport.
R. I. (For dividends paid to September, 1885, see 1891 MANUAL.)

Directors (elected October 5, 1891).— George Maculloch Miller, J. N. A. Griswold,
Charles H. Russell, New York, N. Y.; George Peabody Wetmore, Leroy King, A. S. Sherman,
Newport, R. I.

GEORGE MACULLOCH MILLER, President New York, N. Y.

Secretary & Treasurer— A. S. Sherman. .Newport, R. I. | Superintendent— J '. B. Gardiner Providence, R. I.

PRINCIPAL OFFICE AND ADDRESS Newport, R, I.

NEW YORK AND GREENWOOD LAKE RAILROAD COMPANY.

Main Line of Road. — Meadow Junction, N. J.. to Sterling Forest 40.91

Ringwood Branch : Ringwood Junction. N. J., to Ringwood, N. J 2.60—43.51 miles.

Sidings, etc., 10.36 miles. Gauge, 4 ft. 8£ in. Rail (steel, 46.56 miles), 50 and 56 Ibs.

History. — Reorganization after foreclosure sale October 20, 1878, of the Montclair and
Greenwood Lake RR. Co. The Watchung RR.. formerly operated by this company, is now
operated under an agreement by the N. Y., L. E. & W. RR. Co. (See MANUAL for 1890.)
Connection with Jersey City is made over the Arlington Branch of the N. Y., L. E. & W. RR.
Rolling Stock, June 30, 1891. — Locomotive engines, 6. Cars — passenger, 17 ; baggage,
mail, and express, 7 ; freight (platfurm, 32 ; caboose, 1), 33 — total cars, 57.

Operations for year ending June 30, 1891. — Train mileage — passenger, 244,149 ; freight,
49,898 ; other, 2,233— total, 296,280 miles. Passengers carried, 1,061,162 ; carried one mile,
11,430,749 ; average mile rate, 1.31 cents. Tons freight moved, 189,423; moved one mile,
3,050,397 ; average ton-mile rate, 3.31 cents.

Earnings.— Passenger $149,275 75; Expenses.— Transportation $79,286 15

Freight 100,964 55 ,! Motive Power 88,209 34

Mail 3,08916 Maintenance of Cars 12,54916

Express 3,51869; Maintenance Way & Buildings. 42,45247

Miscellaneous 1,27305' General 6,01201

Total ($5,932.43 per mile) $258,120 20 Total ($5,251.88 per mile) $228,609 13

400

POOR'S MANUAL OF RAILROADS.

Net earnings (11.47 per cent.), $29,611.07. Add rents received, $216 — total income,
$29,827.07. Paid interest on advances, bonds, etc., $14,652.08. Balance, surplus, $15,174.99.
Deficit forward, $301,647.89— net deficit, $286,472.40.

General Balance Sheet, June 30, 1891.

Cost of Road and Equipment $2,874,092 92

Morrison Branch Construction . ......

Montclair and Caldwell Ry. Construction

Stocks and Bonds Owned

Materials and Ftiei on Hand

Current Accounts

Cash on Hand. . .

936 84
444 15
307 95
11,625 85
18,564 30
712 08
Profit and Loss ... 286,472 40

Total Assets

$3,188,158 49

Common Stock Paid in $100,000 00

Funded Debt Outstanding 2,700,000 00

Bonds and Mortgages 25,865 00

Current Accounts 59,626 75

Other Liabilities 302,664 74

Total Liabilities $3,188,156 49

The funded debt consists of $900,000 1st mortgage 6 per cent. 30-year bonds, due Novem-
ber 30, 1908, and $1,800,000 2d mortgage 6 per cent. 30-year bonds, due November 30, 1908.
The holders of 2d mortgage bonds have the right to pay off the first mortgage bonds at 105.

Annual meeting, first Monday in May, at 21 Cortlandt Street, New York.

Directors (elected May 4, 1891). — Abram S. Hewitt, John King, Edward Cooper, A. Don-
aldson, A. R. Macdonough, J. U. McCullough, E. B. Thomas, New York, N. Y.; T. M.
Etting, Philadelphia, Pa.; Cortlandt Parker, Newark, N. J.

ABRAM S. HEWITT, President New York, N. Y.

E. B. Thomas, Vice-P resident

Secretary— A. R. Macdonough New York, N. Y. | Treasurer— Tappen Bowne New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Pavonia Avenue, Jersey City, N. J.

Transfer Office 21 Cortlaudt Street, New York City.

YORK AND MASSACHUSETTS RAILWAY COMPANY.

Iiine of Road.— Junction N. Y. C. & H, R. RR. to Boston Corners, N. Y 39.79 miles.

Hidings, etc., 2.35 miles. Gauge, 4 ft. 8 in. Rail (27 miles), 56 Ibs.

The track of the Newburg, Dutchess and Connecticut RR., from Stissing to Pine Plains^
.N. Y., 4.80 miles (included above) is used by this company, at a rental of $6,000 per annum.

History. — Consolidation April 26, 1887, of the Poughkeepsie, Hartford and Boston and
the Hudson River and Boston RR. Cos. The Poughkeepsie, Hartford and Boston was suc-
cessor, after foreclosure May 15, 1875, to the Poughkeepsie and Eastern RR. Co., and was
sold under foreclosure January 26, 1888, and reorganized January 22, 1887. (See MANUAL
for 1889, page 188.)

Rolling Stock, June 30, 1891. — Locomotive engines, 5. Cars — passenger, 4 ; baggage,
etc., 3 ; freight (box, 22 ; platform, 4; stock, 2 ; coal, 28 ; caboose, 1), 57 ; other, 2— total
cars, 66.

Operations for year ending June 30, 1891. — Train mileage — passenger, 62,054; freight,
21,834 ; other, 4,432— total, 88,320 miles. Passengers carried, 72,926 ; carried one mile, 919,-
007 ; average mile rate, 2.18 cents. Tons freight moved, 34,912 ; moved one mile, 327,731 ;
average ton-mile rate, 5.83 cents.

Earnings.— Passenger $20,000 57

Freight 19,13454

Mail and Express 2,2.54 92

Miscellaneous. . . 237 73

Total ($1,046.19 per mile) $41,627 76

Expenses.

Transportation ................... $24,994 88

Motive Power and Cars .......... 3,844 60

Maintenance Way and Buildings. 15,657 65
General .......................... 8,483 88

Total ($1,331.51 per mile) ................ $52,980 96

Deficit from operations, $11,353.20. Miscellaneous receipts, $2,547.62. Net deficit,
$8,805.58. Charges against income: Rentals, $6,000; taxes, $2,698.73 ; insurance, $461.12
—total, $9,159.85. Total'deficit for year, $17,965.43.

POOR'S MANUAL OF RAILROADS. 401

General Balance Sheet, June 30, 1891.

Cost of Road 81,394,910 08 | Capital Stock (auth., $2,500,000; par, $100). .$1,014,000 00

Cost of Equipment 78, 1<*5 5!i Funded Debt Outstanding 24,00000

•Cash on Hand 1,477 40 j Interest on Bonds Due and Accrued 26.740 00

Current Accounts ... 26,67674 Current Accounts 11,50000

M atonal* and Supplies. , 154,936 98

Dm- from Agents 1,43676

Loans and Bills Payable 457,271 32

Profit and Loss. . . 17,965 43

Total Assets $1.657,544 52 | Total Liabilities $1,551,476 75

Funded debt outstanding consists of $24,000 (authorized, $300, 000), 1st mortgage 7 per
cent. 30-year bonds, due August 1, 1905, interest payable February and' August.

There has been authorized an issue of $2,750,000 1st mortgage 5 per cenf. $1,000 coupon
~bonds, dated August 17, 1837, and mature October 1, 1937, interest payable April and Octo-
ber. Farmers' Loan and Trust Co., New York, N. Y., trustee of mortgage. Annual meet-
ing, first Tuesday in July.

Directors. — George P. Felton, G. Clinton Gardner, Edward Elsworth, J. A. Perkins,
<). H. Booth, William A. Miles, Poughkeepsie, N. Y. ; Henry D. Cone, Stockbridge, Mass.;
Peter W. Gallaudet, New York City ; Samuel X. Aldrich, Boston, Mass.

GEO. P. PELTON, President Poughkeepsie, X. Y.

Vice-Preside nt— Henry D. Cone... .Stockbridge, Mass. | Secretary & Treas.—E. Elsworth. .Poughkeepsie, N. Y.

PRINCIPAL OFFICE AND ADDRESS Poughkeepsie , N. Y.

NEW YORK AND NORTHERN RAILWAY COMPANY.

Main Line of Road.— 155th St. & Eighth Ave., N.Y.City, to Brewster's, X. Y. 54.06 miles.

Yonkers Branch : Van Cortlandt Junction to Yonkers, X. Y 3.10 miles.

Operated : Mahopac Falls RR.: Baldwin Place, X. Y., to Mahopac Mines, N. Y. 4.05 miles.

Total length of all lines operated, June 30, 1891 61.21 miles.

3d track, 8.10 ; sidings, 11.42 m. Gauge, 4 ft. 8£ in. Rail (steel, 75.70 m.), 56 and 60 Ibs.

History. Reorganization in 1887 of the N. Y. C. & N. RR. Co. (See MANUAL for 1888,
page 199.)

Rolling Stock, June 30, 1891. — Locomotive engines, 20. Cars — passenger, 40; com-
bination, 11; parlor, 3; baggage, mail, and express,!; freight (box, 76 ; platform, 37 ;
stock, 2; milk, 11 ; gondolas, 159; caboose, 4), 239; derrick car, 1— total cars, 345. The
company a1 so owns 1 tug boat, and 3 car floats.

Operations for year ending June 30, 1891. — See tabulated statement below.

Earnings.— Passenger $267,252 42

Freight 201,386 86

Mail and Express 7,53182

Expenses.— Transportation $253,303 27

Motive Power and Cars 42,545 40

Maintenance Way and Buildings 66.704 94

Miscellaneous 7,254981 General , 30.45771

Total ($7,897.83 per mile) $483,426 08 I Total ($6,420.70 per mile> $393,011 32

Xet earnings, (18.70 per cent.), $90,414.76. Add interest on deposits, $84.22— total avail-
able revenue, $90,498.98. Payments: Interest on first mortgage bonds, $60,000: taxes,
$20,250; steam tug, operating account, $893.11 ; reconstruction of Croton Lake Bridge (on
account), $14,689.43— total, $95,832.54. Balance, deficit, $5,333.56. Surplus from 1890,
$871.88. Net deficit, $4,461.68.

General Balance Sheet, June 30, 1891.

Construction and Equipment $13,266,517 63 j Common Stock (par $100) $3,000,00000

Expenditures for Improvement 211,734 63

Bonds Owned 10,50000

Cash on Hand 12.508 39

Current Accounts 59,566 64

Materials and Supplies on Hand 34,864 92

Profit and Loss 4,461 68

Total Assets . . . $15U5o67l53~

Preferred Stock (par $100) . . 6,000,000 00

Funded Debt Outstanding 4,400,00000

Bills Payable 41,00000

Sundry Accounts Payable 63,684 17

Equipment Trust Certificates 95,469 72

Total Liabilities $13,600,15389

Funded debt outstanding June 30, 1891 : $1,200,000 1st mortgage 5 per cent. 40-year gold
coupon $1,000 bonds, due October 1, 1927, interest payable April and October ; $3,200,000
!d mortgage (income till December, 1891), 4 per cent, gold coupon $500, and $1,000 bonds,
26

402

POORS MANUAL NEW YORK AND NORTHERN RY. CO.

due October, 1927, interest payable June and December. Interest on both issues is payable
at the company's office, 32 Nassau Street, New York.

Statement of traffic operations, earnings, etc., for eight years :

1884

Sept. 30.

1885

Sept. 30.

1886

Sept. 30.

1887

Sept. 30.

1888

Sept. 30.

1889

Sept. 30.'

1890

Sept. 30.

1891

June 30.

Miles Operated

54 OH

54.06

54 06

54.06

57 16

61 06

61 06

61 21

Passenger Train Miles. ....
Freight Train Miles
Total Engine Mileage

233,058
103,312

243,803
103.162

378,290

244,431
116,178
390,184

2n3,660
186,211
446,754

277,596
116,356
415,122

323,045
158,535
491,694

325,600
130,840
490,012

366,860
106,860
484,046

Passengers Carried
Passengers Carried one M .
Tons Freight Moved,

863,308
6,093,145
14:2,240

1,018,360
6,936,918
197,386

1,111,049
7,686,844
309,255

1,131,973
7,534,161
374,520

1,226,855
9,073,987
290 210

1,416,971
10,534,532

1,478,778
10,980,892
262 615

1,653,889
12,774,855
206 035

Tons Freight Moved one M.

Earning!?— Passenger
Freight
Other

6,983,803

131.539
205,440
7,413

8,525,477

151,497
256,612
5,349

11.567,577

$

172,339
346,071
4,941

12,135,643

$

174,885
380,467
5,794

10,848,286
S
205,380
348,918
10,563

11,896,192

234,029
323,282
9,902

10,888,554

243,162
280,954
12 653

7,332,791
$
267,252
201,387
14 787

Total

344,943

413,458

523,351

561,146

564,861

567 213

536 769

483 426

Operating Expenses

* 338,466

348,661

412,275

476,152

492,165

459,385

447,431

393,011

Net Earnings
Other Receipts . . ...

5,927

64,797
75

111,076
116

84,994
47

72,697

107,828
10 709

89,338
U51

90,415
84

Available Revenue
Charges Against Income :
Interest on Bonds....
Taxes
Rentals

5,927
240,300

i,ooo'

64,872

240,300
28,718
1,000

111,192

240,300
12,820
1.000

85,041

211,230
14,985
879

72,697

60,000
15,000
6.000

118,537

60,000
15,300

89,989

60,000
15,300

90,499

60,000
20,250

Miscellaneous

43 237

14 689

15 582

Total...
Balance, Deficit

241,300
235,373

270.017
205.146

254,120

142.928

227.094
142,052

81,OCO
8,303

118,537

89,989

95,832
5,334

Gross Earnings per Mile. .
Operating Expenses per M
Net Earnings per Mile. . .
Av. Rate per Pass, per M.
Av. Rate per Ton per Mile.
Expenses to Earnings

6,370 57
* 6,262 78
10779
2.01 c.
2.94c.
98.28 p. c.

7.648 13
6,449 50
1,19863
2.18 c.
3OOc.
84. 33 p. c.

9,680 93
7,626 25
2,054 68
2.24c.
2.99c.
78. 78 p. c.

10,380 06
8,80784
1,57222
2.32C.
3.13c.
84.86 p. c.

9,882 11
8,610 30
1,271 81
2.26c,
3.2->c.
87. 13 p. c.

9,289 43
7,523 49
1,765 94
2.22C.
2.72c.
80. 99 p. c.

8,790 85
7,327 72
1,463 13
2.21c.
2.58c.
83. 36 p. c.

7,897 83
6,420 70
1,47713
2.09c.
2.75c.
81. 30 p. c.

* Includes Taxes.

Annual meeting, second Wednesday in November, at the company's office; transfer
books close two weeks previously, and stock owned then may be voted at the meeting. Stocks
and bonds are listed on the New York Stock Exchange. Trustees of bonds, 1st mortgage,
Central Trust Co., New York, N. Y. ; 2d mortgage, Farmer's Loan and Trust Co., New York,
N. Y. Preferred stock is entitled to dividends up to 5 per cent, before Jany thing is paid to
common.

RAILROADS OWNED OR OPERATED BY THE NEW YORK AND NORTHERN RAILWAY Co.

MAHOPAC FALLS RAILROAD.— Mahopac Mines to Baldwin Place, 4.05 miles. Sidings, 0.45 mile.
Gansre. 4 ft. 8| in. Rail (steel, 4.05 miles), 56 Ibs. Chartered March 8,1884; road opened November 1, 1884.
Capital stock, $100,000 ; unfunded debt, $112.50— total, representing cost of road and" equipment, $100,112.50.
Annual meeting, second Monday of March. Directors : William F. Buckley, H. M. Braem, Arthur F. Weudt, L.
M. Gillet, C. Littlefleld, New York, N. Y.; A. W. Humphrey. Brooklyn, N. Y.; Henry Brinsmade, New York,
N. Y. WILLIAM F. BUCKLEY, President ; II. M. Braem, Treasurer; L. M. Gillet, Secretary. CORPORATE OFFICE,
69 Wall Street, New York, N. Y.

NEW YORK WESTCHESTER AND PUTNAM RAILWAY.-High Bridge, N. Y., to Brew-
ster's, N. Y., 51 miles. This company is a reorganization of the New York and Boston RR. Co., which was organ-
ized May 21, 1869. (See MANUAL for 1888.) Road opened throughout, December 1, 1880. Leased for 50 years
from March 1, 1878, to the New York City and Northern RR. Co. By the terms of the lease the stock and bonds
of this company were to be exchanged for those of the N. Y. C. & N. Co., at the rate of 30 per cent, thereof in
stock and 22^00 per cent, of 30 per cent, (which equals G^oVo pe1' cent.) of the N. Y. C. & N. Co. Of the stock of
this company all has been so exchanged except $90,112.50. Capital stock, $1,733,287.50. Property acquired un-
der foreclosure, $1,733,287.50. ANDREW V. STOUT, President ; Joseph Seligman, Treasurer ; Calvin Goodard,
Secretary. CORPORATE OFFICE, Pier 40 East River, New York, N. Y.

Board of Directors N. Y. & N. Ry. Co., elected November 11, 1891.

Charles T. Barney.New York, N. Y.

J. J. Belden Syracuse, "

A. M. Billings Chicago, 111.

Thos. Denny New York, N. Y.

Geo. Co

>ppell

H. F. Dimock
Robt. M. Gallaway
Geo. G. Haven . . .

...... New York, N. Y.

R. S. Hayes New York, N. Y.

Wm. Mertens "

O. H. Payne "

Geo. W. Smith " , "

William C. Whitney New York, N. Y.

B. S. HAYES, President. New York, N. Y.

H. F. Dimock, Vice- President "

Sec. & Treas.—Geo. G. Haven, Jr New York, N.Y. | General Supt.—H. H. Yreelaml. . ..High Bridge, N.T.

Auditor— W. D. Basley Yonkern, N. Y.

PRINCIPAL OFFICE AND ADDRESS 32 Nassau St., New York, N. Y.

POOR'S MANUAL OF RAILROADS. 403

NEW YORK AND ROCKAWAY BEACH RAILWAY COMPANY.

Main Line of Road. — Glendale Junction, L. I., to Rockaway Park, L. 1 10.H1 miles.

Leased : Rockaicay Branch, Long Island RR.: Hammell's to Far Rockaway, L. I. . 3.24 miles.

f (ilendale Junction to Long Island City 5.99 miles.

Trackage : L. Id. RR. : •] Woodhaven Junction to Brooklyn, N. Y 7.19 miles.

( Bushwick Junction to Bushwick 2.32 miles.

Total length of Hues operated June 30, 1891 29.05 miles.

2d track, 10.31 miles ; sidings, 2.54 miles. Gauge. 4 ft. 8i in. Rail (steel), 56 Ibs.

History. — Reorganization after foreclosure s^ale, June 28, 1887, of the New York, Wood-
haven, and Rockaway RR. Co. (See MANUAL for 1890.) The tracks of the Long Island RR.
are used to gain entrance into Long Island City and Bushwick, under contract dated Sep-
temher 1, 1887, and the Rockaway Branch is leased from the same date.

Rolling- Stock, June 30, 1891. — Locomotive engines, 7. Cars — passenger, 74 ; freight
(box, 20; gondola, 12), 32; caboose, 3 ; other cars, 10 — total cars, 119.

Operations for year ending June 30, 1891. — Train mileage — passenger. 242,633 ; freight,
22.079 ; other, 1,886— total, 266,598 miles. Passengers carried, 1,434,457; carried one mile,
15021,277; average mile rate, 1.34 cents. Tons freight moved, 49,319 ; moved one mile,
543.016 ; average ton-mile rate, 3.67 cents. Earnings — passenger, $209,273.13 ; freight,
$19,925.60; express, $3,887.14— total ($8,023.61 per mile), $233,085.87. Expenses— trans-
portation, $57,372.25 ; motive power and cars, $14,546.61 ; maintenance way and buildings,
$91.183.37 ; general, $23,817.39— total ($6,434.41 per mile), $186,919.62. Net earnings (19.76
percent.), $46,166.25. Add other receipts, $3,635-10— total available revenue, $49,801.35.
Payments : Interest on bonds, $38,600 ; other payments, $2,738.39— total, $41,338.39. Sur-
plus, $8,462.96. Deficit foiward, $52,398.33— net deficit, $43,935.37.
General Balance Sheet, June 30, 1891.

Cost of Road
Cost of Equipment
Current Accounts

$?,055,421 22
669.17483
22 550 75

Capital Stock (par, $100)

$1,000.000 00

Funded Debt Outstanding

. 1,772,00000

Accrued Interest

12 866 67

Cash on Hand

22,847 35

Current Accounts

29,073 05

Profit and Loss

43 935 37

Total Assets $2.813.939 72 Total Liabilities $2,813,939 72

The funded debt outstanding June 30, 1891 ($1,772,000), consisted of—

1st mortgage 5 per cent. 40 year coupon $1,000 bonds, due September 1, 1927. interest March and Sept... $772,000
2d mortgage income 5 per cent. 40-year registered gl,000 bonds, due Sept. 1, 1927, interest Jannary 1 1,000,000

Interest payable at office of Corbin Banking Co., 192 Broadway, New York, N. Y. An-
nual meeting, fourth Tuesday of March ; books close 30 days previously. Trustee of bonds
and registrar of stock, Central Trust Co. of New York, N. Y. Annual election, fourth
Tuesday in March. Stocks and bonds li>ted on the New York Stock Exchange.

Directors (elected March 31, 1891).— Austin Corbin, Babylon, L. I. ; Chas. M. Pratt,
W. B. Kendall, Brooklyn, N. Y. ; John Straiten, William G. Wheeler, Benj. Norton, G. S.
Edgell, Everett R. Reynolds, James G. K. Duer, W. J. Kelly. New York City ; Frederick
W. Dunton, Hollis, L. L, N. Y.; J. K. O. Sherwood, Gien Cove, L. I., N. Y. ; Frank A. Kelley,
Greenwich, Conn.

AUSTIN COREIN, President New York, N. Y.

Chas. M. Pratt, 1st Vice- President ' New York, N. Y.

Benj. Norton, 2d Vice-President Long Island City, N. Y.

Treasurer— G. S. Edgell New York, N. Y. | Auditor & Cashier— 3. Carlsen L. I. City, N. Y.

PRINCIPAL OFFICE AND ADDRESS Long Island City, N. Y.

NEW YORK AND SEA BEACH RAILWAY COMPANY,
Main Line of Road.— Bay Ridge, N. Y., to Coney Island, N. Y 6 miles.

2d track, 6 m. ; sidings, 2 m. Gauge, 4 ft. 84- in. Rail (steel, 3.6 m. ; iron, 11 m.), 56 Ibs.
History.— Reorganization, in 1883, of the New York and Sea Beach RR. Co. ; road opened

August 1, 1879. (See MANUAL for 1888.)

404

POOIIS MANUAL OF RAILROADS.

Rolling Stock, June 30, 1891. — Locomotive engines, 6. Cars — passenger (owned, 31 ;
leased, 10), 41 ; freight (box, 2 ; platform, 12), 14— total cars (owned, 45 ; leased, 10), 55.

Operations for year ending June 30, 1891. — Train mileage— passenger, 124,412; freight,
11,454— total, 135,866 miles. Passengers carried, 503,004 ; carried one mile, 3,048;024. Tons
freight moved, 25,238; moved one mile, 151,428. Earnings— passenger, $57,936.53 ; freight,
$15,012.23 ; other, $2,266.02— total, $75,214.78. Operating expenses— transportation, $28,-
123.46; motive power and cars, $7,157.06; maintenance of way, etc., $7,788.80; general,
$26,190.69— total, $69,260.01. Net earnings, $5,954.77. Add rentals, $40,286.56— total
available revenue, $46,241.33. Payments : Interest, $15,708.15; terminal expenses, $4, 142.1)4
—total, $19,851.09. Surplus, $26,390.24. Deficit forward, $36,929.98— net deficit, $10,539.74.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $500,000; funded
debt, $428,488 ; bills payable, $13,575.95 ; current accounts, $27,638.01 ; interest on funded
debt due and accrued, $37,151.99; pay rolls, $3,102.21 — total, $1,009,956.16. Contra : Con-
struction and equipment, $864,379.30; stocks and bonds, $5,500; materials, $10,161.61;
permanent investments, $53,483.33 ; cash, $5,567.84 ; current accounts, $60,324.34 ; profit and
loss, $10,539.74— total, $1,009,956.10.

Funded debt, 1st mortgage 7 per cent. 16-year $1,000 coupon bonds, due May 14, 1899.
interest March and September, $200,000; 2d mortgage income 6 per cent. $100, $250, $500,
and $1,000 registered bonds, due September 1, 1890, interest March and September (author-
ized, $200,000), $194,700 ; 5 per cent, real estate bonds, interest January and July, $7,500 ;
5 per cent, real estate bonds, interest, May and November, $26,288.

Interest payable at 56 Wall Street, N. Y. Trustees of bonds, George S. Bowdoin
William Man, and William 0. Platt. Annual meeting, fourth Tuesday in November, at
the company's office ; books close 30 days previously, and stock owned there may be voted
at the meeting. Registrar of stock, James T. Nelson, Treasurer of company.

Directors. — Alrick H. Man, L. C. Lathrop, George Peabody Wetmore, John Barker,
W. O. Platt, James T. Nelson, Chas. C. Protheroe, New York, N. Y.

ALRICK H. MAN, President New York, N. Y.

L. C. Lathrop, Vice- Preside tit New York, N. Y.

Sec. and Treas.—J&mes T. Nelson New York, N. Y. | Gen. Supt.—Rich&rd. A. Larke Bay Ridge, L. I.

PRINCIPAL OFFICE AND ADDRESS 56 Wall Street, New York City.

NEW YORK CENTRAL AND HUDSON RIVER RAILROAD COMPANY.

Main Line of Road.— New York City, N. Y., to Buffalo, N. Y 441.75 miles.

Troy and Schenectady Branch : Troy and Schenectady 21 .00

Syracuse, Auburn and Rochester Branch: Syracuse to Rochester. . . .104.00

Attica Branch : Batavia to Attica 11 . 00

Niagara Branch & Ganand. Branch RR.: Canand. to Niagara River 87.58

Niagara Falls Branch : Rochester to Niagara Falls 74.75

Tonawanda Branch : Lockport Junction to Tonawanda 12.25

Charlotte Branch : Rochester Junction to Charlotte 6.88

Lewiston Branch : Buffalo to Lewiston 30 . 29

Junction Branch : East Buffalo to North Buffalo 7.67

Geneva and Lyons Branch : Geneva to Lyons 14. 00

Dewitt and Geddes Branch : Dewitt to Geddes 8.28— 377.70 miles

f Spuyten Duyml and Port Morris RR 6 . 04

Troy and Greenbmh RR 6 . 00

I New York and Harlem RR. and Branches 128.81

I New York and Mahopac RR 7 . 09
West Shore RR. and Branches 495 .20

Leased : -{ New Jersey Junction RR. and Branches 4.69

Rome, Watertown and Ogdensburg RR. and Branches . . .412.55

Utica and Black River RR 149.81

Carthage, Watertown and Sacketfs Harbor RR 29 . 59

Oswego and Rome RR 28 .49

Niagara Falls Branch RR 8.74—1,277.01 miles.

Total length of all lines (owned, 819.45 ; leased, 1,277.01) 2,096.46 miles.

Gauge, 4 ft. 8£ in. Rail (steel), 60 and 80 Ibs.

POOR'S MANUAL — NEW YORK CENTRAL AND HUDSON RIVER RR. CO. 405

Statement showing length of track on all Hues, June 30, 1891 :

DIVISIONS AND BKAM HK-.

Line
of
Road.

i, SIDINGS AND OTHER TRACKS.

Total
Track.

2d Tr'k.

M.

144.00

297.75

3d Tr'k.

4th Tr'k

Sidings.

New York to Ei^t \lbanv (M'lin Line)

jr.

144.00
297.76

it.

26.58
286.64

Jf.

jr.

98.29
620.29

jr.

412.87
1,789.07

Albany to Buffalo (Main Line)
Total Miles (Main Line) Owned

286.64

441.75
377.70

441.75

81.84

313.22

286.64

718.58

2,201.94

459.54

Branches Owned
Total Miles of Single Track Owned
LINES LEASED.
Trov acd Greenbnsh RR

819.45

6.00
6.04
126.96
425.00
4.35
302.87
216.63

523.59

6.00
6.04
22.44
334.21
4.35
1.80

313.22

286.64

718.58
0.13

2,661.48

12.13
12.08
217.32
968.85
14.03
410.04
267.04

Spuyten Dnwil and Port Morris RR
\"t'\v York and Harlem RR

10.41

10.41

47.10
209.64
2.25
105.37
50.41

Wt-t Shore RK

NV\v Jersev Junction RR ....

3.08

Rome \Vatertown and O°pdensbnr°r RR Leased Lines

Total Miles (Main Lines) Leased

1.087.85
189.16

374.84

13.49

10.41

414.90

1.901.49
189.16

2,090.65

Branches Leased

Total Mile? of Leased Lines

1.277.01

374.84

13.49

10.41

414.90

Grand Total Miles of Single Track Owned and Leased . .

2,096.46

898.43 326.71

297.05

1,133.48

4,752.13

* Sidings included in second track.

The company also leases the Dunkirk, Allegheny Valley and Pittsburgh, and the Beech
Creek RRs., but operations are reported separately. See statements for those companies.

History. — Consolidation November 1, 1869, of the New York Central and the Hudson
River RR. Cos. (See MANUAL for 1890.) In the fiscal year. 1889-90, the Niagara Bridge and
Cananuaigua and the Geneva and Lyons RBs. were absorbed. Early in 1892 this company
purchased the Carthage and Adirondack Ry. (see page 99), and agreed to lease and operate
the Albany Terminal Ry.. now under construction.

Rolling Stock, June 30, 1891. — Locomotive engines, 1.123. Car? — passenger, 753; com-
posite, 116 ; dining, 10 ; immigrant, 31 ; baggage, 285 ; drawing-room, 1 ; sleeping, 3 ; fi eight
(box, 8-wh., 29,937 ; 4-wh., 86 ; platform, 8-wh., 3,850 ; cattle, S-wh., 1,840 ; oil, 8-wh., 32 ;
coal, 8-wh.. 4,128 ; 4-wh., 105), 39,978; conductors', 8-wh., 361 ; 4-wh., 55 ; tool and service,
116 ; derrick, 33 — total cars, 41,742. Also 10 dummy engines and 45 narrow-gauge 4-wh.
platform freight cars.

Floating: Equipment, June 30, 1891. — Propellers and steam tugs, 21 ; lighters, 2; barges,
63 ; canal boats, 10 ; floats. 22 ; ferry-boats, 5— total. 123.

The company has 18 machine and car-shops, 78 engine houses, and 9 elevators, the last
mentioned having an aggregate capacity of 5.345,000 bushels of grain.

Operations for year ending June 30, 1891. — See tabulated statements on pp. 409 and 410.

Earnings.— Passenger $11.681.109 40 Expenses.— Traffic Expenses $10.365.628 43

Freight 21,456,472 81 j Motive Power 6.743.99230

Mail, Express, and Telegraph 2,230.147 93 Maintenance of Cars. . . 1,954.185 06

Other Sonrces

293.S11 70

Traffic Earnings ($21,577.37 per mile). $35,661. 541 S3

Rents 1,680.996 49

Interest 559,576 94

Maintenance of Way 3,723,231 74

General Expenses 898,423 36

Taxes 1,686,10152

Total ($22.933.04 per mile) $37,902,115 26 | Total ($15.350.88 per mile) $25,370,852 41

Net earnings (33.06 per cent.), $12,531,262.85. Payments: Interest on bonds, $3,854,-
968.11 ; rentals of leased lines. $4,452,100.24 ; State tax on capital and earnings, $274,895.95 ;
dividends (4 per cent.), $3,577,132 ; reserve for 4 per cent, gold debentures, $300, OGO — total,
$12,459,096.30. Balance, surplus, $72.166.55. Add rebate on New York State tax on earn-
ings for 1881, 1882, and 1883, $88,740.73— total for year, $160,907.28. Against which charge

406 POOR'S MANUAL— NEW YORK CENTRAL AND HUDSON RIVER RR. CO.

$519,363.39. Deficit for year ending June 30, 1891, $358,456.11. Surplus from 1890, $13,-
584,482.30 ; net surplus, $13,226,02^.19.

special dividend of % of 1 per cent., $447,141.50 ; difference in value of Fitcliburg RR. stock
exchanged, $58,300 ; assignee, Duncan Sherman & Co.. old account, $13,921.89— total,
Statement of operations, capital account, etc., for six years (1835-1889) ending Septem-
ber 30, and for two years (1890-1891) ending June 30 :

1885

1886

1887

1888

1889

1890

1891

Miles of Road Owned. . .
Miles of Track Owned.
Miles of RR. Operated
Miles of all Tracks

Locom's and Dtimm's.
Pass, and Emig't Cars.
Bagg.,Mail, etc., Cars..
Freight (= 8- wh.) Cars.

Capital Stock

748.74
2,395.12
1)53.00
2,720.43

657

495
134
23,503

$

89 428 300

7'48.74
2,406.55
1,329.31
3,449.28

853
737

203
31,062

$
89 428 300

749.88
2.425.66
1,447.14
3,722.98

856
770
209

31 ,072

$

89 428 300

731.87
2,432.90
1 420.64
3,729.51

888
792
215
32,629

$

89 428 300

731.87
2,477.14
1,420.64
8,795.16

919
847
250
32,683

89 428 300

819.45
2,607,70
1,420.64
3,841 .24

971
847
248
34,146

$

89 4'N ''MO

SI 9. 45
2,661.48
1,652.73
4,752.13

1.132
914
285

40,443

$
89 42S 300

Funded Debt

50 424.333

56 434 333

56?424 333

56' 183 333

57 183 333

59' 183 333

65 377 333

Real Est., Mortg's, etc..

174,855

120,355

107,000

707,000

557,000

457.000

357,000

Total Capital Acc'nt
Current£Other Liabilit's
Income Balance

146,027,488
5,806,334
10,508,332

145,972,988
6,515,160
11,473,469

145,959,633
6,615,229
12,385,091

146,318,633
6,771,856
12,794.220

147.U5S.ii:tt
7,818,147
12,936,295

149,068,633
8,745,264
13,584,482

155,1 62, 1333
14,964,519
13,226.026

Total Liabilities
Grading and Masonry. . .
Bridges

162,342,154
20,969,051
2,890,814

163,961,617
20,969,051
2,913,668

164,959,953
20^969,051
2,913,668

165,884,709
20,969,051
2 913,668

167,923,075
21,098,174
2 913 668

171,398,379
21,154,610
2,913,668

183,353,178
21,457,741
2,933,142

Superstructure
Stations, etc
Land and L'd Damages.
Locomotives
Pass, and Baggage Cars.
Freight Cars

30,946,674
14,677,992
15,002,771
6,322,478
1,540.393
15,109,606

30,982,404
14,740,304
15,089,202
6,352,477
1,796,993
15,171,526

30,982,404
14,801,852
15,202,965
6,352,477
1,796,993
15,171,526

30,982,404
14,901,078
16.033,740
6,402,184
1,886,947
15,337,034

31,057,477
15,022,535
16,054,575
6,402,184
1,886,947
15,337.034

31,148,899
15,070,232
16,176,265
6,402,184
1,888,947
15,337,034

31,263.930
15,107,965
16,422,157
6,402,184
1,886,947
15,337,034

Engineering, etc
Floating Equipment....

3,018,289
277,745

3,018,289
277,745

3,018,289
519,725

3,018,289
519,725

3,018,289
519,725

3,018,709
519,725

3,020,845
519,725

Total N.Y.C.&H.RR.
Rochester & L. O. RR . .
Buffalo & N. F. RR
Lewis ton RR .

110,755,813
150,000
658,921

400,000

111,311,659
150,000
658,921
400,000

111,728,950
150,000
658,921

400,000

112,964,120
150,000
658,921
400,000

113,3*0.608
150,000
658,921
400,000

113,628,273
150,000
658.921
400,000

114,351,670
150,000
658,921
400,000

Saratoga & H. R. RR...
Syracuse Junction
Junction, Buffalo

2,000,000
732,298
219,900

2,000.000
732,298
219,900

2,000,000
732,298

219.900

2,000,000
732,298
219,900

2,000,000
732,298
219,900

2,000,000
732,297
219,900

2,000,000
732.298
219,900

Nia"1 Br & Canan RR

1,000,000

1.000000

Geneva & Lyons RR

331,590

331.590

Total Perm'nt Invest.

114,5)16,922

115,472,778

115,890.u<5.)

117,125,239

117,471,727

119,120,981

119,844,379

Excess of Capital Acct. 1
over PernTt Invest, f

31,110,556

30,500,210

80,069,564

29,193,394

29,698,906

29,947.6.V<!

35.318,254

Consolidate Cert, of 1869
Other Lines Owned

31,157,904
5,321,051

31,157,004
5,533,089

31,157,904
5,554,301

31,157,904

31,157,904

31,157,904

31,157,904

Other Investments
€ash and Cash Assets. . .

4,747,545

6,198,122

4,608,163
7,189,683

4,522,070
7,835,609

6,815,023

10,786,543

8,179,042
11,114,402

11,444,293
9,675,201

21,101,013
11.249,882

Total Prop. & Assets

*Gross Earnings p. Mile.
*Gross Expenses p. Mile
*Net Earnings p. Mile..
^Expenses to Earnings. .

162,342,154

23,522 24

17,124 21
6,398 03
72. 80 p. C.

168,961,017

21,678 05
14,000 03
7,678 02
64. 58 p. c.

164,959,953

22,928 21
15,470 93
7,457 27
67.47 p. c.

165,884,709

23,771 44
17,3S4 68
6,436 76
72.92 p. c.

167,923,075

23,786 30
115,690 04
7,09(5 26
70. 17 p. c.

171,398,379

24,457 42
17,240 21
7,217 21
70. 49 p. c.

183,353,178

21,577 37
15,350 88
6,226 49
71. 14 p. c.

* On the basis of transportation earnings.
General Balance Sheet, June 30, 1891.

Cost of Road and Equipment $151.002,282 79

Special Equipment 5,706,464 81

Stock and Bonds of Other Companies. . . 10,034,635 43
Advances for Construction of other

Lines, Real Estate, etc 4.169,701 40

N. Y. and Harlem Construction Account 1,049,982 83

R., W. & O. Construction Account 140,229 6h

Due by Agents and Others 5,280,791 34

Supplies on Hand 3.072,81304

Cash on Hand 2,609,022 19

Cash in Transit 287,255 50

Total Assets $183,353,178 49

Capital Stock (par, $100) $89,428,300 00

Funded Debt 65.877,88888

Bonds and Mortgages on Rc.-il Eshite .... 357,000 00

Leased Lines Securities 8,859,70000

Past Due Bonds 1.7W 00

Interest and Rentals Accrued 3,890.o3:t 55

Unclaimed Interest and Dividends 14,88

Dividends Payable. .July 15, 1891 894,283 00

Due for Wages. Supplies, etc 3,822,832 94

Due Other Roads, etc 2,939,002 87

West Shore Construction Account 9,471 77

Profit and Loss ' _13,226,026 19

Total Liabilities. . . ... $183,3753,178 49

POOR'S MANUAL — NEW YORK CENTRAL AND HUDSON RIVER RR. CO. 407

Stocks and bonds of other companies owned :

STOCK-.

Number of
Share-.

Total
par Value.

Rate.

Dividend
Received.

Trov Union RH ( '<>

150
3,750
10,67f>
25,97-4
5(52
1,250
2,000
6.626
10,000
100,000
1,000
250
. 800
"> 7M

15,000 00
375,000 00
1.067.60000
2,597,40000
56,20000
125.000 00
100,00000
662,600 00
1,000,00000
10,000,000 00
100,00000
85,00000
80.00000
289.20000
999,00000
826,400 00

4688

2,80000
1,00000
330,00000
404,60000
13,500 00
18,50000
31.00000
1,120,00000
243,000 00
123,50000
248,200 00
50000
40,00000

p. c.

$

Dunkirk Allesheny Valley <fc JPittsburo- RR. Co

"*r"

6

15,437 50
207,792 00
3.37-J 00

Merchants' Despatch Transportation Co
Morri^ Run Coal Minin«rCo

Cent ril Dock "ind Terminal RR Co

Tonawanda Inland Bridge Co

Syracuse Geneva «fc Corninf RR Co

8

53,00800

West.-™ Transit Co

(>re KR Co

Fitchbursj RR. Co

2

."00 00

Buffalo Crosstown RR Co

Beech Creek RR Co

4

5,7840)

Pine Creek RR Co

19,980

89

10
3,300
4,460
135
185
310
11,200
2,430
1,235
2,482
20
335£

Clearfield Bituminous Coal Corporation

Clearfield Bituminous Coal Corporation Fractional Scrip Pre- /

We-H Shore «fc Ontario Terminal Co

N V . Ontario & Western Rv. Co. Preferred Stock.

Wallkill Valley RR. Co. . . . "

•cjyracuse, Ontario & New York Ry. Co

Jersev Citv & Bayonne RR Co

State Line & Stony Point RR. Co

New Jersev Shore Line RR. Co . . .

Utica and Black River RR. Co

r-

19.600 00
2,83500

Niagara Falls Branch RR Co

& Rome RR. Co

Buffalo. Thousand Islands & Portland RR Co

Osweffo Asricultural Fair Association ...

Qneenatown Suspension Bridge Co. (at £25 each)
Total par Value .

20,895,146 88
6,410,182 15

308,328 50

Ledger Value

BONDS.

Total Annual
Amount Held Rate.

Interest Re-
ceived and
Accrued.

Dunkirk, W;»rren & Pittsbnrg Rv Co

S
1,257,00000
1,300,00000
3,916 28
105,00000
175,000 00
11,00000
585,00000
7812
250,000 00
330,000 00;
137,000 00 i
66,00000

p.c.

102.264 16
102,083 34

Warren & Venango RR. Co. . .

Pittsburgh TitusvTlle & Buffalo RR. Co

Syracuse, Geneva & Corning RR. Co

7
4

4

8.373 75
10.50000
22000

Ogdensburg & Lake Champlain RR. Co

Beech Creek RR. Co

Clearfield Bituminous Coal Corporation

Clearfield Bituminous Coal Corporation Fractional Scrip Bonds

Wallkill Valley RR. Co. 1st Mortgage...

7*

Wallkill Valley RR. Co. 2d Mortgage Income .

Oswego & Rome RR. Co. 2d Mortgage

5
5

2,85416
82500

Rome. Watertown & Ogdensburg RR, Co. Consolidated Mortgage
Total par Value

4,219,994 40

227,120 41

Ledger Value

3,624,453 28

* Interest on Wallkill Valley RR. Bonds credited to West Shore RR. Construction Account.

Recapitulation of interest and dividends received and accrued :

Dividends on Stock $30832850

Interest on Bonds 227,120 41

Interest on Loans and Advances 24,128 03

Total

.§559,576 94

Allotment of Expenses : To passengers, $8,875,685.68 ; to freight, $16,495,16f>.73.

Number of employees, 25,810, being at the rate of 15.62 per mile of road worked ;
aggregate wages, $14,873,536.31, or an average of $576.27 each. Payments in wages
equalled 58.23 per cent, of the total working expenses, against 54.43 per cent, in 1889-90.

408 POOR'S MANUAL — NEW YORK CENTRAL AND HUDSON RIVER RR. CO.

Statement of capital account, etc., for twenty years, from 1872 to 1891 :

YEAR ENDING SEPTEMBER 30.

Capital Stock.

Funded Debt.

Cost of Road and
Equipment.

Number of
Stock-
holder*.

* Miles of
Track
Operated.

1872

$
S9 4-)8 300 00

16 496 020 00

63 299 924 37

1 Qorl Q^

1873 . . .

89,428 300 00

27 725 533 33

7'8 014'954 65

2 014 79

1874

89 428 300 00

38 484 742 62

92 506 503 97

2 359 39

1875

89 4°8 300 00

40 003 667 62

961355'7'74 50

4 496

2 382 39

1876 .

89'428'3CO 00

39 844 733 33

97 8°2 811 05

4 104

2 432 99

1877
1878

89,4-28,800 00

89 428 300 00

3^801. '233 33
39 801 233 33

99,142,408 71
99 894 095 43

4,240
4 107

2,471.99
2 484 99

1879

89 428 300 00

39 801 133 33

100 773 416 74

4' 194

2 51 1 49

1880

89 428 300 00

41 47'3 033 33

105 007 053 69

4 550

2 5°0 77

1881

89,4-JS,300 00

43,473,033 33

110,'090'216 90

5,674

2,622 23

1882

89,428 300 00

48,473 033 33

112,756 93554

7 536

2 657 51

1883

89 428 300 00

49 997 233 33

114 731 917 59

9 265

2 684 88

1884

89 428 300 00

56 497 233 33

114 801 238 86

11 '240

2 702 90

1885 . . .

89,428,300 00

56,424,333 33

1146,074,83580

11,014

2,720.45

1886 . . .

89,428 300 00

56 424 333 33

146 630 682 19

9 979

3 688 25

1887

1888

89,428,300 00
89 428 300 00

56.424.3Ji3 33
56 183 333 33

147,047,973 00
148 283 142 44

9,561
9 568

3,722.98
3 729 51

1889
1890— Year ending June 30

1891

89,428.300 00
89,428.300 00
89,428,300 00

57,183,333 33
59,ia3,333 33
65,377,333 33

148,629,629 80
150,278,885 21
151,002 28279

9,126
9,115
9 505

3,795.16
3,841.24
4 752 13

* Including Harlem Division after 1873, and West Shore Division after 1885.
t Consolidation certificates representing cost of road to the company included.

Statement of funded debt, June 30, 1891 :

1st mortgage 7 per cent. 30-year coupon bonds, due January 1, 1903, interest January and July . . . . $7,980,000 00
1st mortgage 7 per cent. 30-year registered bonds, due January 1, 1903, interest January and July. . . 22,020,000 CO

1st mortgage 6 per cent. 30-year sterling bonds, due January 1, 1903, interest January and July 9,733,333 3&

Debenture 5 per cent. 20-year coupon bonds, due September 1, 1904, interest March and September. 7.269,000 00

Debenture 5 per cent. 20-year registered bonds, due September 1, 1904, interest March and Sept 2,731,000 00

Debenture 5 per cent. 15-year registered bonds, due September 1. 1904, interest March and Sept 1,000,000 00

Debenture 4 per cent. 15-year coupon bonds, due June 1, 1905, interest June and December 8,194,000 00-

Extended (from May 1, 1883) 5 per cent, debt certificates, due May 1, 1893, interest May and Nov. . . 6,450,000 00

Total issued and outstanding $65,377,333 33

Amount per mile of road owned (819.45 miles) $79,781.97

The first mortgage bonds were issued partly to provide means for retiring certain matur-
ing bonds, and partly to provide means for additional tracks and other improvements. The
mortgage covers the entire road. The sterling bonds of this issue are numbered 1 to 10,000,
are on the official list of the London Stock Exchange, and are also quoted at Glasgow, Liver-
pool, and Manchester. Principal and interest payable in London. The dollar bonds are
listed on the New York Stock Exchange, and are also quoted at London, Dublin, Glasgow,
Liverpool, and Manchester. Denominations — coupon, $1,000 ; registered, $5,000 and $10,000.
Coupon bonds are convertible into registered bonds without coupons, and interest payable to
order. Principal and interest payable in New York.

The 5 per cent, debenture bonds are of $1,000 each, to bearer, with provision for ex-
change into registered certificates of $1,000, $5,000, or $10,000. These debentures rank
•after all prior issues of bonds, and it is provided that any mortgage placed upon the com-
pany's property prior to July 1, 1902, shall include the present issue. Principal and interest
payable in New York. Listed on the New York Stock Exchange, and also quoted at Phila-
delphia, London, Liverpool, and Manchester.

The 4 per cent, debentures are for $1,000 each, to bearer, or, at the option of the holder,,
in registered certificates of $1,000, $5,000, and $10,000 each. The coupon bonds are con-
vertible into registered. Principal and interest payable in New York. The debentures of
this issue will be specifically provided for in any subsequent mortgage up to 1905. Each
bond must be countersigned by the Union Trust Co., as registrar. Listed on the stock
exchanges of New York and London.

Annual meeting, third Wednesday in April, at Albany. Books close for annual meeting
on or about March 15th, and reopen on or about April 21st. Books close for dividends on
the 15th days of March, June, September, and December, and reopen on the 21st day of April,
July, October, and January, Capital stock listed on Stock Exchanges in New York City and
London, and also quoted at Edinburgh, Glasgow, Leeds, Liverpool, Manchester and Sheffield.

JAMES M. FETTER, ATTILLA COX, H. C. TRUMAN, R. F WARF!ELD,

President. Vice-Prest. Cashier. Asst. Cashier.

KENTUCKY NATIONAL BANK,

LOUISVILLE.

UNITED STATES DEPOSITORY.

Capital, $1,000,000,00. Surplus and Profits, $140,000,00.

WILL ATTEND TO ANY BANKING BUSINESS IN
THE STATE OF KENTUCKY.

^WESTERN NATIONAL BANK.
New York Correspondents: . . } UNITED STATES NATIONAL BANK.

London . . UNION BANK OF LONDON, Ld.

Paris " MUNROE & CO.

POOR & 6REENOUGH,

Bankers

20 WAM. STREBT,t

Cor. Nassau Street, ~ INIlW

INVESTMENTS IN RAILROAD BONDS A SPECIALTY.

ters Executed on the New York and London Stock Exchanges.
CORRESPONDENCE INVITED.

KENTUCK

TENNESSEE.

from Greenwich 85

O

Itfiles

.Marshall

f A^T ^X^ /Marshall

\ ^^e\vJ^G^coe\ iButlfKjohnsonJc.y

. f^r Crittendonjx. I l\-."/^^nemingsburg

JRiTeJ
Hunnewell)3

H Z

luntingt-on

fBairds
rAnchorajre

rFs.rmera

f Pea^Orchjirf 1
-)^-

^s

ffx

ENG-BY AMERICAN BANK NOTE CO.NEW!YOS>

THE

HARVEY

STEEL CAR

AND REPAIR

WORKS.

BUILDERS OF ALL KINDS OF

STEEL^WOODENFREIGHTCARS

ALSO SEPARATE

« REPAIR SHOPS X

Equipped with modern appliances for REPAIRING
FREIGHT CARS for railway and private companies

Special facilities for making all kinds of
CAR AND RAILWAY FORCINGS.

Inquiries solicited. Delivery unsurpassed.

T. W. HARVEY, PRESIDENT. J. D. MclLWAIN, GENERAL SUPERINTENDENT

E. E. KAUFMAN, SECRETARY AND TREASURER.

OFFICE: WORKS:

825 The Rookery, Chicago. HARVEY, ILL

POOR'S MANUAL — NEW YORK CENTRAL AND HUDSON RIVER RR. CO. 409

Summary of Leased Lines.

CORPORATE TITLE.

Date
of
Lease.

Road

Miles.

Track
Miles.

LlABII.ITI

Cost of
Roads,
etc.

Stocks.

Bonds.

Total.

Trov -ind Greenbush

1851
1871
1873
1886
1891
1886
1891
1891
1891
1891
1891

M.

6.00
6.04
135.90
449.71
45.49
4.69
412.55
8.74
28.49
149.81
29.59

Jf.

12.13
12.37
226.26
987.33
51.89
14.37
519.72
8.74
28.49
197.35
32.00

274,400
989,000
10.000.000
10,000.000
404,600
100,000
7,668,100
250,000
225.000
2,223,000
508,453

•

274,400 274,400
989,000 989,000
22,005,000; 23,544,208
60,000.000 l 60,000,000
1.504. WO 1.91*4.914
1,800,000: 3.100.000
18.442,400! 15.!»3'.U:>»;
250.000 243.756
975,000: 964.400
4,173,000| 4.3»iv.-,'22
808,453! 783,958

SmiVton Duvvil and Port MorrN

•k and Harlem and Branches

12,005,666

50,000,000
1,100,000
1,700,000
10,774,300

, ore and Branches

Syracuse. Ontario, and New York
New Jersey Junction and Branches
Watertown, and Ogdensburg
Niagara Fall* Branch

750,000
1,950,000
300,000

aid Black River

Carthage, Watertown, and Sacket's Harbor.
Totals

1,377.01

2,090.65

32,643,150

78.579,300

111,222,450

112,112,284

Rentals of leased lines :

RAILROADS.

Interest on
Bonds.

DIVIDENDS ox STOCK.

State Tax
on Capital
Stock.

Organiza-
tion
Expenses.

Total
Rentals.

Rate.

Amount.

New York and Harlem

840,30000

P.O.

8

800,00000
79,120 00

20,00000
1.978 00
1,50000

S

S

1,660,300 00
81,09800

1^50000
19.73020
223.00000
2,000.014 35
68,20000
293.95054
13,158 61
5,174 73
76.618 53
11,055 28

Spuyten Duvvil and Port Morris

Niagara Bridge and Canandaigua .

Trov and Greenbush

7
H

19,25000
19,50000

48020

sob' 66

Dunkirk, Allegheny Valley, and Pittsburgh
West Shore ..........

203.000 66
2,000.000 00
68,30000
176,828 10
13.15861

1435

New Jersey Junction

5'

Rome, Watertown, and Ogdensburcr
Oswego and Rome

113,372 44

3.75000

Niagara Falls Branch . . .

7

» 7

5,174 73
46,013 79

Utica and Black River
*Carthage. Watertown, & Sacket's Harbor

Totals

29.274 18

1,33065
*1 1,055 28

3 330 760 89

1,082.430 87

23,972 55

16.635 93

4,452,100 24

* Rental, 37f per cent, of gross earnings.

Statement showing train mileage, average number of passengers and tons of freight per
train, and average number of miles each passenger and ton of freight was carried for 20 years:

YEAR-? ENDING Passenger
SEPTEMBER 30. j Train.

i

Freight
Train.

Switch &
Work Total.
Train. '

' Average Average
No. of No. of
Passen- Miles
gers per Each Pas-
Train senger
Mile. Carried.

Average
No. Tons
of Freight
per Train

Mile.

Average
No. of
Miles
Each Ton
of Freight
Carried.

4 o?6 800

M.

7.911.257
9.H66.344
9.931.040
8,457,816
9,278,266
9. 774.03-!
11. 109.497
12.019,361
11.567,707
12,160,213
10,912.064
11.038.556
10.027.577
11,304.362
1-3.502,729
14.047,553
14,740.083
12,283.100
11,997,764
11,558,246

If. If.
2.629,494 14,617,551
3,278.133 17,856,361
4.-,",v.442 18.636.703
4.177.374 17.198.878
4.2-24.856 18,246.607
4.154.569 18.523.147
4.401.501 20.399.560
5.079,248 21.940.::.:
5.568.759 32.-J22.777
857 -24,274,398
7,546,891 23.907!884
7.836.190 C4.676.-207
7.389.214 23.842,049
7,339.721). 24,819,212
8.206.81: -^.r.27.747
9.190.912 31.973.26s
11.115.975 35.S71 .?H7
10.402,740 32.260.854
11.310.42-2 33.194,415
10,185,934; 32,866,927

78
78
79
74
74
69
61
60
65
72
79
74
60
70
60
60
56
59
56
54

J/.

44
44
35
36
38
85

as

35
39
41
42
40
35
34
88
32
31
31
30
30

T.
129
129
139
166
180
166
183
191
218
217
219
199
196
188
193
193
186
226
248
250

J/.
232
225
287

234
24(5
255
265
854
238
228
211
202
193
198
189
185-
180
184
183
174

1873 4 311 8S4

1*74 4 4 --55 ->oi

1875 4 563 (iw<

1876 4 743 4^5

4 544 540

1878. . - x [ -,(•)•>

1879 -;-)?148

1880 5 ose'sn

1881 5* 135 328

1*82 5 440' qoq

"53 ! 5.801,461

»*84 6.425.258

l<S8o , ft 215 124

vw 7918201

1887 , s 734'sOS

»o 10015709

889 i 9,575,014

) ^ ear ending June 30. 9.886,229
11 " 11.122,747

410 POOR'S MANUAL — NEW YORK CENTRAL AND HUDSON RIVER RR. CO.

Statement showing tons of freight carried for eighteen years ending September 30, 1889,
and two years ending June 30 :

« !•'

-

.

.

THROUGH FREIGHT.

WAY FREIGHT.

H '

r^jJ

a

Total

Freight

T^

V^

Lrf

£•?

•<

Freight

Moved One

tXJ ^

z. ^

i

M

Moved.

Mile.

•a 8.

*- •- ~

*••§

East.

West.

Total.

East.

West.

Total.

Ii

r

03

H

'o -*•*

£*

Tons.

Tons.

Tons.

Tons.

Tons.

Tons.

Tons.

Tons.

cts.

cts.

S

S

1872...

628,650

216,515

845.165

2,016,092

1,532,708

3,548,800

4,393,965

1,020,908,885

1.59

0.47

2.05

0.60

1873...

890,383

242,254

1,132.637

2,492,034

1,898,053

4,390,087

5,522,724

1,246,650.003

1.57

0.5512.02

0.70

1874...

1,166,993

250,173

1.417,106

2,664,689

2,032,823

4,697,512

6,114,678

1,391,560.707

1.46

0.48

2.03

1875...

1,074,649

300,260

1.374.909

2,620.191

2,006,854

4,627,045

6,001,954

1,404,008! 029

1.27

0.37

2.11

0.62

1876...

1,338,341

329,586

1.007.1(27

2,899,087

2.236.066

5,135.753

6,803,680

1,674.447,055

1.05

0.34

1.S9

0.61

1877...

1.318,648

352,820

1,671,468

2.646,810

2,033,078

4,679,888

6,351,356

1.619.94S.OS5

l.ni o.:«

1.68

0.53

1878...

1.883.249

248,402 2,131,651

3,2.7,844

2,285,918

5,563,762

7,095.413

2.042,755,132

0.930.34

1 7l'0.61

1879...

2,100,163

279.757

2.379.920

3,901,186

2,734,647

0.635,833

9.015.753

2,295.827.3S~:0.780.24

l!52o'.47

1880...

2,077,626

357,473

2,435,099

4.702,998

3.394,941

8.097,939

10,533,038 1 2,525, 139, 145 0 . 87

0.33

1.9210.74

1181...

2,056,688

436,497

2.493.085

5.4S4,870; 3.613,424

9.098.294

11,591.3:9

2,646,814,0980.78

0.22

1.70

0.47

1882...

1,523,907

582,800

2.106,707

5,297.040 3.926,646

9,223,686

11.330.393

2,394.799.3100.73

o.ia

1.62

0.81

1883...

1,452,159

361,161

1,813.320

5.539,765i 3,539,355

9,079,120

10,892,440

2,200,896. 7'80

0.91

0.23

1.S2

0.45

1884...
1885...

1.182,988
1,416,687

312,078
299,210

1,495,066
1,715,897

5,365,548
5,914,786

3.351,804
3,172,274

H,7 17,352
9,087,060

10,212.418
10,802,957

1.970,087,115
2.137,824,205

0.83
0.68

0.21
0.14

1.640.41

1 290.2S

1886...

1,435,515

389,390

1.824.905

7,149,934! 3,743.202

10,893,196

12,718,101

2.414.200.4030.70

0.23

1.470.45

1887...

1,523,689

430). 051

1.900.310

8,186,112

4,480,502

12.666,614

14,626.954

2.704,732,176!0.78

0.22

1.51 0.42

1888...

1,448,051

461,542

1,909,593

8,160,409

5,192,871

13,353,280

15,262,873

2.754,778.8380.77

0.18

1.430.32

1889...

1.552.213

402,920

1,955,133

8.228.092

4,928,410

13.157,102

15.112,235

2,775.582,891 '0.76

0.20

1. OS 0.42

1890. . .

1,756.330

460,651!

2.216.980

9,145,952

4,845,519

13,991,471

16,208,451

2973.598,069:0.76

0.22

1.8810.55

1891...

1.552,441

470,692

2,023.133

9,162,032

5.436,402

14,598,434

16.621,567

2.8:10.036.0460.74

0.17

1.86

0.43

1

Through Freight— westward, 2.83 per cent.; eastward 9.34 percent.; total, through, 12.17 per cent, of the
whole in 1890-91. Way freight, 87.83 per cent, of the whole in 1890-91. In addition to pay freight, as above, the
company transported 1,756,493 tons, equal to 208,362,695 tons one mile, for its own use during 1890-91.

Statement showing the gross and net earnings, fixed charges, dividend payments, and
passenger movement for twenty years :

m

PROFIT.

s-S

£_«'

/,"

cS 0>

%

YEARS.

Gross

Earnings.

Expense:
per cent

Net
Earnings.

Fixed
Charges.

Divi-
dends

Paid.

Passen-
gers
Carried.

Passenger
Miles.

~2

SI

Ii

et Earn. ]
188. pi-r Mi

1!

ii

'olit per P
Train Mil

Total.

Per
Share

WPH

fc£

w

S

$

• $

$

S

S

$

cts.

cts.

s

*•

1872

25,580,676

64.29

9,134,239

1,162,368

7,971,871

8.91

7.244,832

7,136,779

319,150.860

2. OS

0.54

1.68

0.43

1873

29,126,851

60.57

11,484,864

1,961,806

9,523,058

10.64

7,136,790

7,630,741

339,122.621

2.06

0.04

1.02

0.50

1874

31,650,38:

58.09 13.262,089

3,548,734

9,713.355

10.86

7.136.885

9,878,352

350,781,541 2.1310.80

1.69

0.64

1875

29,027,218

;")!•. 40 11.765,110

4,425.915

7,339,196

8.20 * 8,920,850

9,422,629

33S.934.300 2. 14 0.7S

i.5!i o.r.s

1876

28,046,588

57.48 11,922,416

4,709,340

7,213,076

8.06 7,139,528

9,281,490

353,130,145

1.91

0.72

1.420.64

1877

26,579,086

56.23

11,632,924

4,689,577

6,943,347

7.76

7,140,659

8,919,438

316.847,325

2.U7

0.98

1.430.65

1878

28,910,555

55.81

12,774,578

4,736,132

8,038,446

8.98

7,139,528

8,927,565

300,302,140

2.00

0.73 1.23,0.45

1879
1880

28,396,584
33,175,913

56.94

53.80

12,273,511

15,326,019

4.679,025
4,756,799

7,594,486
10,569,220

8.49
11.82

7.139,528
7.141.513

8,130,543

8,270.857

290,953.253 2.05 (I.S5 1 .23 0.51
330,802.223 I.!l'.i0.7'3 1.30 0.4s

1881

32,348,397

60.17

12.883,610

4,990,783

7,892,827

8.82

7,138,344

8,900,249

373.70-

1.860.H4 1.360.4:

1882

30,628,781

63.32

11,232,807

5,488,903

5,743,904

6.42 7,145,513

10.308,979

432.243.2S2

.sou <;:> 1.4310.51

1883

33,770,722

61.44

13,020,128

5,692,972

7,327,156

8.19

7,148,132

10,746,925

429,885,561

!98o!68 1.47|0.51

1884

28,148,669

63.41

12,299,356

5,630,596

4,688,760

5.22

7,159,644

11,057,939

387,8211. SSti

.94

0.52

1.170.81

1885

24.429,441

66.80

8,110,069

5,933,726

2,176,343

2.43

t 4,471,415

12. 7 47. SOI

438,397.774 .41

0.33

1.00,0.24

1886 30.506,361

61.00

11,895,984

7.245,886

4,650,098

5.20 3,577,132

14,662,118

476,128,7-,'M .S4

0.62

1.100.37

18871 35,297,055

63. 43

12.908,432

7,760,924

5,147,508

5.76

3.577,132

16,465,453

52S.:;<iS.7IM 1.96

0.62

1.200.39

1888 86,132,9-20

68.15

11,508,582

7,831,464 3.675,119

4.11

3.577.132

17.998.55S

559,810,001 1.91

0.43

1NS9 35,696.236

66.42

11,985,693

7,868,061

4,117,632 4.60

4.021.274

JS.1S5.OJ7

564,292,588

1.9U

0.43

L140JK

1890 37,008,404

66.18

12,516,273

7,853,811

4,0fi2,l02 5.21

% 4,021,273

18,546,886

557]727,282

1.96

0.43

1.1(11!. 24

1891

87,902,115

66.94

12,531,263

8,881,964

3.649, 2!)9, 4. OS

% 4,024,273

20,057,234

597.400.S25

1.96

0.47

* Dividend payments changed in 1875 from semi-annually to quarterly, making 10 per cent, paid in th
year, t In 1885 5 per cent, was paid. 3£ of which was charged against earnings, an<1 the balance against profit and
loss accounts. % Including special dividends of \ of one per cent, each, paid January 15, 1890, and January
15,1891.

The New York office transfers stock, pays dividends on stock issued here, transfer-
istered bonds, and pays interest on coupon and registered currency bonds. The Union Trust
Co. of New York registers stock issued here. The London agents pay dividends on slock
issued there. The Union Bank of London registers stock issued in London, and pay.- inter-
est on sterling bonds.

POOR'S MANUAL — NEW YORK CENTRAL AND HUDSON RIVER SYSTEM. 41 L
Description of freight moved :

ITEM. Tonnage.

ITEM.

Tonnage.

Flour 674 812

Coal and Coke

. 4.HM.475

Grain 1.5!"

Other Agricultural Products

1.2i*.t;.-4

Meat* or Pro" - 583 013

1. 212.01 6

>tock 651 4°7

Merchandise

1,68

Lumber l..r^'.?.:i

Other Articles

1,668.840

Pie and Bar Iron and Steel, and Rails 564,032
Petroleum and Other Oil« 273 124

Total

16 621 567

Iron and Other Ore* . 379 093

RAILROADS LE SED OR OWNED BY X. Y. C. & H. R. RR. Co.

AMSTERDAM, CHUCTANUNDA AND NORTHERN RAILROAD. -East Amsterdam^
N. Y., to Linseed Oil Works. 1.5 miles. This company own? no equipment. The road is operated by the N. Y.
C. and H. R. RR. as a switch branch, transporting for its owners, who are also owners of the Linseed Oil Works,
their freight to and from the works. Capital stock (par. $100), $20.000, representing cost of road. JOHN KEL-
LOGG, President : Geo. Kellogg. Superintendent and Treasurer : A. H. DeGraff, Engineer, Amsterdam. X. Y. COR-
PORATE OFFICE, Amsterdam. N. Y.

BUFFALO ERIE BASIN RAILROAD.-In the City of Buffalo, from N. Y. C. & H. R. RR. to
Erie Basin Wharf, u.25 mile. Chartered July 8, 1876. Capital stock, representing cost of road, $13,503.19.
JAMES T[I,I.INGHAST, President, Secretary, and Treasurer, Buffalo, N. Y.

NEW JERSEY JUNCTION RAILROAD COMPANY.-Organized in New York. February
27. 1886, to provide connections and facilities for interchange of traffic between the several railway systems ter-
minating at Jersey City, Hoboken. and Weehawken. and has completed a line starting: from the West Shore
Riilroad on the north, and extending southerly to the Delaware. Lackawanna and Western, the New York, Lake
Erie and Western, and Pennsylvania Railroads ; being 4.35 miles of double track road, with 3.08 miles of third-
track, and a branch 0.34 mile long. A portion of its track is also used by the New York, Lake Erie and Wt-stern
Railroad Co. under contract. Leased for 100 years from July 1. 1886. to the New York Central and Hudson
River Railroad Co., the lessee guaranteeing the bonds, principal and interest. The capital stock is owned by the
New York Central and Hudson River Railroad Co. First mortgage 4 per cent. 100-year $1.000 coupon bonds,
interest payable February 1 and August 1 at Grand Central Depot. New York, N. Y. ($4.000.000 authorized),
91,700.000 : the balance only to be issued with the consent of the lessee. Trustees. J. Pierpont Morgan smd
Harris C. Fahnestock. Directors : Cornelius Vanderbilt, William K. Vanderbilt, Channcey M. Depew. Charles
C. Clarke. Horace J. Hayden, J. Pierpont Morgan. New York. N. Y.; Ashbel Green, Tenafty. N. J.; Joseph P,
Ord, Thomas L. James, William W. Green, Englewood, N. J.: A. Q. Garretsun, Jas. B. Vredenbnrg, Jersey
City. N. J.: Edward A. Walton, Ridgewood, N. J. CHAUXCET M. DEPEW. President j E. V. W. Rossiter, Secre-
tary and Treasurer, New York, N. Y. New York City Office, Grand Central Depot.

NEW YORK AND HARLEM RAILROAD.-New York City to Chatham, N. Y., 126.96; total track
(steel), 212.08 miles. Chartered April 25. 1831 : road opened May 10. 1852. Between Chatham and Albany, 24
miles, the Boston and Albsiny RR. is used. Leased April 1, 1873. to N. Y. C. & H. R. RR. Co., for 401 years, at 8
per cent, on stock (payable January and July) and interest on bonds. This company also owns the Fourth Avenue
(horse) railway in the City of New York, which is operated independently, and pays additional dividends to stock-
holders of 2 to 3 per cent. (2* per cent, in 1890-91, payable April 1st)". Financial Statement, June 30, 1891.—
Capital stock. $10.0 '0,000 : funded debt (1st mortsage 7 per cent, bonds, dated 1872, due May, 1900. interest May
and November. $12,000.000: sinking fund 6 percent. 30-year bonds, due 1893, interest February and August jr
$5,000: sundry liabilities. $29.101.05; profit and loss, $2.746.557.56— total liabilities, $24,780,658.61. Contra:
Cost of road and equipment, $23.544.208.19 : other investments, $6.000 ; other assets. $1.230.450.42— total. $24.-
783.658. 61. Annual meeting, third Tuesday in May. Books close for annual meeting thirty days previously ;
for dividends, filteen days before payment of same." Bonds ($12,000,000) and $10,000,000 of etbck listed on New
York stock Exchange. CORNELIUS VANDERBILT, President; E. V. W. Rossiter. Treasurer and Secretary.
COKPOKATE OFFICE. New York City. N. Y.

NEW YORK AND MAHOPAC RAILROAD. -Golden's Bridge to Lake Mahopac. 7.09 miles.
Organized March 7. 1871 : opened June 17. 1872. Leas-d to New York and Harlem RH. Co.. and transferred with
that line. Rental. 7 per cent, on stock. $265.000. since technically absorbed by the N. Y. & Harlem.

NEW YORK CENTRAL, HUDSON RIVER AND FORT ORANGE RAILROAD.-

istleton to Schodack. N. Y.. 0.6 mile Chartered September 1. 1>84. Used mainly for carrying freight to and
e Ft. Orange Paper Co.'s works. Superstructure owned by N. Y. C. & H. R. RR Co. Locomotive. 1.
••rear (leased). 1. Gross earnings, year ending June 30. 1890. $2.403.12: expenses. $2,090.44; net e:irn-
i?s. $:-)l:>.68. Pai'i taxes, $21.59. Surplus. $291.09. Capital stock (par. $10), £10.000 : open accounts. $3,000 ;
profit and loss. $291.09— total. $13.231.09. C'tmtra: Cost of road. $2.000 : equipment. $3.000; capital stock not
paid in, 88.000 ; open accounts. $291. 09- total. $13.291.09. C. C. WOOLWOKTH, President; S. C. McKown, Vice-
>nt ; John S. Graham. Treasurer ; C. C. Woolworth. Jr.. Secretary. CORPORATE OFFICE, Castleton. N. Y.
NEW YORK CENTRAL NIAGARA RIVER RAILROAD.-N. Y. C. & H. R. RR. to Niagara
River. 2.81 ; total track. :-U3 mi es. Organized March 26. 1*77. Owned by lessees. Capital stock, $28.100, rep-
isentmsr cost. JAME< TILLINGHAST. Prrxiflenf ; W. H. Grimes, Secretary and Treasurer, Buffalo, N. Y. COR-
PORATE OFFICE. Buffalo. N. Y.

ROME, WATERTOWN AND OGDENSBURG RAILROAD.-Suspersion Bridge to Massena

Branch, Lewiston Junction to Lewiston. N."Y.. 3.6 miles ; F'tlfon Branch, Woodards to Fulton, N. Y.. 1711

: Terminal KK. Branch, Rochester to Ontario Bea'ch. N. Y., 8.37 miles-total length of main lines and

nches, 449.78. Leased lines : Oswego and Rome RR.. 28.49, and Niagara Falls Branch RR., 8.74. both of

re included in main line : Utica and Black River RR. and Clayton Branch. 149.81 ; Carthage. Watertown

>ackett- Harbor RR.. 29.59— total leased. 21B.63. Trackage N. Y. C. & H. R. RR.. Suspension Bridge to

fara Falls. i>i : _\. y O. & W. RR.. Fulton to East Oswego. N. Y.. 13.20-tntal. 14.01. Total of alllines

led, leased, and operated. June 30, 1891. 643.19 miles. Second track. 1.8 : sidinsrs. 105.37 miles. Gauge. 4 ft.

412 POOK'S MANUAL — NEW YORK CENTRAL AND HUDSON RIVER SYSTEM.

8£ in. Rail (steel [owned, 410.75 ; leased, 204.43 ; operated, 14.01], 629.19 miles), 56, 60, and 10 Ibs. (For history,
see MANUAL for 1891, page 482.) Leased March 14, 1891, for the terms of its corporate existence, to the New York
Central and Hudson River RR. Co., at an annual cash rental of $15,000, to be reduced after April 1, 1901, to $7,000,
besides interest on bonds and 5 per cent, dividends on stock, the lessee also assuming rental charges on account
of the company's leased lines.

Rolling Stock, June 30, 1891.— Locomotive engines, 100. Cars— passenger, 103 ; sleeping, 3 ; drawing-room,
1 ; baggage, 34 ; freight (box, 2,537 ; refrigerator, 11 ; stock, 55 ; platform, 485 ; coal, 665 ; caboo:^e 49), 3,802—
total revenue cars, 3,943. Also, 4 tool cars, 3 derrick cars, 15 snow ploughs, and 1 rotary plough.

Operations from July 1, 1890, to March 14, 1891.— Train mileage—passenger, 1,079,885™ freight, 1 169 012 •
mixed, 347,835— total, 2,5%, 732 miles. Passengers carried, 1,104.989 ; carried one mile, 37,072,875. Tons freight
moved, 1,365,687; moved OIK; mile, 172,659,086. Earnings— passenger, $852,544.70; freight, $1,764087.71 • mail,
$49,376.05 ; express, $52,373.82 ; other, $6,190.16— total, $2,724,572.44. Operating expenses— transportation, $676,-
083.09 ; motive power and cars, $214,936.14 ; maintenance of way, etc., $337,577.48 ; general, $277,809 21— total,
$1,506,405.95. Net earnings, $1,218,166 49 ; add other receipts. $23,666.55 --total income, $1,241,833.04. Payments :
Interest on bonds, $442,398.03 ; taxes, $101,419.36 ; rentals leased lines, $224,769.99 ; dividends on stock (6 per
cent.), $359,514; miscellaneous, $124.11- -total, $1,128,225.49. Balance, surplus, $113,607.55. Surplus forward,
S762.298.41 ; balance accounts credited, $413,759.68— total, $1,289.665.64. less stock dividends (20 per cent.), $1,-
278,000. Surplus, March 14, 1891, $11,665.64. Add rental account (less expenses), $558.35. Surplus as per general
balance sheet, $12,223.99.

General Balance Sheet, June 30, 1891.

Road, Equipment, and Real Estate $15,939,425 72

Stocks and Bonds Owned 4,H46,679 92

Commissioners of Sinking Fund 178,500 00

Bonds and Mortgages 14,000 00

Union Trust Co. Stock 2,331,900 00

Cash on Hand 3.868 97

Capital Stock (par, $100) $10,000,000 00

Funded Debt 13,047,090 00

Bonds and Mortgages 51,750 00

Current Accounts 3,310 62

Profit and Loss 12,223 99

Total Assets $23,114,374 61 Total Liabilities $23,114,374 61

The company holds in its treasury a majority ($1,120,000) of the stock of the Utica and Black River RR. Co.
Statement of funded debt in detail, January 1, 1892 :

Classes of Bonds.

Property Mortgaged.

Issued.

Rate.

Mature.

Interest

Out-
standing.

IstMtg. (W. &R.)

Rome to Cape Vincent

Miles.
95 28

July 12, 1855

p.fic.

Sept. 1, 1910*

M. & S.

$
417,800

Cons. Mtg. (R., W. & O.).

IstMtg. (Svr. No.)...
Inc. Mtg. (R., W. & O.\.
IstMtg. (O. RR. Bdg.). .

) 1st Mtg. Oswego to Lewiston . . .
1 General Mtg. Entire Property. . .
Syracuse to Pulaski
Entire Prop. Sub. to Prior Liens..
Oswego Railroad Bridge .

146.00
'.37 .'46

[-July 1,1874

July 1,1871
April 1, 1882
Jan. 31, 1885

5

7
...

July 1, 1922

July 1, 1901
July 1, 1932
Feb. 1, 1915

A. & 0.

J. & J.
Jan.
F. & A.

9,010,000

500,000
1,575
100,000

IstMtg. (8., P. &O. RR.)
IstMtg. (N. &M. RR.)...
1st Mtg.(R.W.& O. Tenn.)

Woodfirds to Fulton
Norwood to Massena Springs
Rochester to Ontario Beach, N.Y.

17.11

12.94
8.37

Feb. 16, 1885
Mar. 6,1886
Mar. 12, 1888

6

*

Feb .1, 1915
April 1, 1916
May 1, 1918

F. & A.
A. & 0.

M. & N.

175,000
130,OOC
375,000

* These bonds were originally 7 per cent., and fell due September 1, 1880, but were extended for 30 years at 6 per
cent. In April, 1886, holders of 80 per cent, of the income bonds agreed to exchange their bonds for 40 per cent, inconsoli-j
dated mortgage 5s and 60 per cent, in stock. In April, 1887, it was decided to retire the entire issue, and interesi
from that time. Under the terms of this plan, all but $1,575 are in the control of the compan}'. Interest on all bonds pay J
able at the Central Trust Company, New York City. All bonds are coupon except the incomes of 1882, which are rei;i"
tered. The Watertown and Rome Ists are $100, $500, and $1,000 bonds ; the bonds of all other issues are for £1.000 each. '
The 1st and 2d mortgage bonds of the R., W. and O. were retired at maturity or exchanged for consols of 1922.

Annual meeting, December 28, at the company's office, New York, N. Y. Books close for annual meeting
30 days previously ; for dividends fifteen days before payment of same. Stock to be voted must be owned thirty
days. Dividends payable quarterly on the 15th day of February, May, August, and November, at Grand Central
Depot, New York City. Stock consols. 5s, Oswego RR. & Bridge 6s. R. W. & O. Terminal 5s, Norwood and Mon-
treal 5s. Oswego and Rome 2d 5s, Utica and Black River 1st 4s, and Utica and Black River RR. stock lifted on
the New York Stock Exchange. Registrar of stock and transfer agent, Central Trust Co., New York. Interest
on bonds payable at the Grand Central Depot, New York City. Trustees of bonds : Consols 5s, Farmers' Loan
and Trust Co. : Syracuse, Phoenix and Oswego RR. Ists, Mercantile Trust Co. ; Oswego and Koine 2ds. I'tica
and Black River Iste. Central Trust Co. ; other, various. The directors of this company are tx-Offltio directors of
the Utica and Black River and the Oswego and Rome RR. Cos.

Railroads Leased by the R., W. & 0. RR. Co.

CARTHAGE, WATERTOWN AND SACKETT'S HARBOR RAILROAD.— Carthage to Sackett's Harb<-r. N. Y.
miles ; branch and side track, 2 miles. Chartered February 1, 1869 ; road opened in 1873. Leased in perpetuity
to the Utica and Black River RR. Co., at a rental equal to 37.) per cent, of gross earnings. Lease transferred
April 14, 1886, to the Rome, Watertown and Ogdensburg RR. Co.. and assumed by the New York Central and
Hudson River RR. Co. on March 14, 1891. Rental for 1890-91, $39,966.37. Capital stock ($100 shares). x-;,
funded debt (5 per cent. 40-year bonds, due July 1, 1931, interest, payable January and July, $150,000 : 7 per cent.
20-year bonds, due October 1, 1893. interest payable April and October), $150,000— total stock and bonds, $H
Co«t of road and equipment, $783,958.26. GEORGE A. BAGLEY, President; George H. Sherman, Treasurer;
Albert Bushnell, Secretary. CORPORATE OFFICE, Watertown, N. Y.

NIAGARA FALLS BRANCH RAILROAD.— Suspension Bridge to Lewiston Junction, N. Y., 8.74 miles. Char-
tered December 24, 1875. Leased to the Rome, Watertown and Ogdensburg RR. Co., November 1, 1881.
annual rental of 7 per cent, on capital stock of $250,000, all but $7.000 of which is owned by the lessee. Lia-
bility on account of the lease assumed by the New York Central and Hudson RR. Co. on March 14, IS'.n
of road. $243,756 ; due lessee, $6,244— total, $250,000. CHARLES PARSONS. Jr., President ; J. A. Lawyer, Sea
and Treasurer, New York, N. Y. CORPORATE OFFICE, 96 Broadway, New York, N. Y.

OSWEGO AND ROME RAILROAD.— Oswego to Riehland, N. Y., 28.49 miles. Chartered April 11, 1863; road
opened January 1, 1866. Leased to the Rome, Watertown and Ogdensburg RR. Co., at a rental equal to bond
interest, and lease assumed on March 14, 1891, by the New York Central and Hudson River RR. Co. Capital
stock. $225,000: funded debt, 1st mortgage 7 per cent, bonds, dated May 22. 1865, due May 1, 1915, interest pay-
able May and November, $350,000 ; 2d mortgage 5 per cent, bonds, dated April 1, 1891, due May 1, 1915, \\

POOR'S MANUAL — NEW YORK CENTRAL AND HUDSON RIVER SYSTEM. 413

February and August, $400,000— total stock and bonds, $975,000. Contra: Cost of road, $964,400; other
-iO.hOu— total, $975,000. Interest payable at the office of the New York Central and Hudson River RR.
Co.. (irand Central Station. Ni-w York. ( HAKLKS PARSONS. Jr.. t'rttidt-nf ; J. A. Lawyer, Secretary and Treas-
urer, New York, N. Y'. CORPORATE OFFICE, 96 Broadway, New Y'ork, N. Y.

UTICA AND BLACK RIVER RAILROAD.— Utica to Ogdensburg, N. Y., 133.94 : Clayton and Theresa Branch*
Theresa Junction to flay ton. N. Y"., 15.87 miles— total, 149.81 miles. Consolidation. March 18, 1886, of the Utica
and Black River, Ogdensburg and Morristown and Clayton and Theresa RR. Cos. (.See MANUAL for 1891).
Leased in perpetuity, April 14, 1886, to the Rome. Watertown and Ogdensburg RR. Co.. at an annual rental
equal to 7 per cent." on stock and interest on bonds. Lease transferred to the New Y'ork Central and Hudson
River RR. Co. on March 14. 1891. Income Account, year ending June 30, 1891. — Rental, $4,500 ; other receipts,
«!54— total, $4.554. Expenses and tuxes, $4.849.35. Balance, deficit, $295.35. Financial Statement. June 30,
apital stock (.$100 shares), $2.223,000 : funded debt ($2.000,000 first mortgage 4 per cent, gold bonds,
elated May 1, 1890, due July 1, 1922, interest payable January and July ; $500.000 Black River and Morristown 7
per cent. 20-year bonds, due January 1, 1^94. interest payable January and July : $200.000 Clayton and Theresa 7
per ct-nt. 2.3-year bonds, due July 1, 1898, interest payable January and July), $2,700,000 : profit and loss. $196,062.-
65— total, $5,119,062.65. Contra: Cost of road, equipment, etc., $4,368.2-22.40; first mortgage 4 per cent, gold
bonds of 1922 in trust, held for retirement of prior liens, at maturity, $750,000 ; other assets, $840.25 — total. $5,-
119,062.65. Interest payable by New Y'ork Central and Hudson River RR. Co., at Grand Central Station, New
Y'ork. A majority ($1,120,000) of the stock is held in the treasury of the R., W. & O. RR. Co., having been
exchanged for securities of that company, and the directors of the R., W. & O. RR. Co. have become ex-officio
the directors of this company. The agreement, therefore, between this company and the R., W. & O. RR. Co.
amounts practically to a consolidation.

Registrar of stock, Central Trust Co., New Y'ork. Stock to be voted must be owned thirty days. Stock
ted in New York. JOHN THORN, President ; J. F. Maynard, Vice-President, Utica, N. Y". : Chas. Parsons, Jr.,
,' Vice- President ; Edwin Parsons, Secretary; W. E. Hopkins. Treasurer, New Y'ork, N. Y. CORPORATE
FFICE, Utica, N. Y. Transfer Office, Central Trust Co., 54 Wall Street, New Y'ork, N. Y'.

Directors, E., W. <fe O. RB. Co., elected December 28, 1891.

William M. White, Utica, N. Y.

John Thorn '• "

J. F. Maynard lt

Charles Parsons.. .New Y'ork, N.

Clarence S. Day. . .New York, N. Y. J. Q. A. Johnson. .New York, N. Y.

Chas. Parsons, Jr. .
Edwin Parsons.
William Lumis. . .

George Parsons

Cha'cey M. Depew.
H. Waiter Webb . .

Walton Ferguson Stamford, Conn.

CHARLES PARSONS. President New Y'ork, N. Y.

Charles Parsons, Jr., Vice-Presidfnt

1st Vice-President— Clarence S. Day.. New Y'ork, N. Y. | Secretary and Treas.—3. A. Lawyer.. .New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS 96 Broadway. New Y'ork, N. Y.

TRANSFER OFFICE Central Trust Co., 54 Wall Street, New Y'ork, N. Y'.

SPUYTEN DTJYVIL AND PORT MORRIS RAILROAD. -N. Y. C. & H. R. RR. to X. Y.
& H. RR., 6.04 ; total track (steel), 12.37 miles. Chartered April 24, 1867 ; opened April 7. 1872. Leased in perpet-
uity. November 1. 1871, to N. Y. C. & H. R. RR., at 8 per cent, on capital stock (par. $100), $989,000. Dividends
(January and July. 4 per cent, each), $79,120, payable at the Grand Central Station. New Y'ork, N. Y'. Cornelius
Vanderbilt, Vice- President ; E. D. Worcester, Secretary ; C. C. Clarke. Treasurer. CORPORATE OFFICE, New
York. N. Y.

SYRACUSE, ONTARIO AND NEW YORK RAILWAY.-Syracuse to Earlville. N. Y..
45.49 miles. Sidings, 6. 23 miles. Rail (steel), 50, 56, and 701bs. Reorganization September 1, 1883, of the Syra-
cuse, Chenango and New Y'ork RR. Co. (See MANUAL for 1888, page 328.) Leased April 2, 1891, for the term of
its corporate existence, to the West Shore RR. Co., and on July 2, 1891, formally consolidated with that company.
The road had been operated as the Chenango Branch of the West Shore RR. since July 1, 1890. under a temporary
agreement between the directors of the tsvo companies. Capital stock (par. $100), $404,600 ; funded debt ($900.<;<fo
first mortgage 6 per cent. 50- year bonds, due October 1, 1933 ; and $500.000 2d mortgage income 6 per cent, bonds,
due November 1, 198o), $1,400,000 ; loans and bills payable, $45.000 ; bonds and mortgages, $4,000— total «1 ,-; •% -
600. Cost of road, $1,880.139.02 : rolling stock, $18,77511— total, $1,904,914.13.

TROY AND GREENBTJSH RAILROAD.— Troy to East Albany, 6 ; total track, 12.13 miles.
Chartered in January ; road opened in June, 1845. Leased June 1, 1851. for $19,25u per annum. Dividends, fifth
days of June and December, each 6± per cent.. $19,208. Semi-annual dividends of 3$ per cent, have been paid
by'the company for over 20 years. Capital stock (par, $50). $274,400;; profit and loss, $4.340.91— total, $278.740 91
Cost of road, etc., ($49,151.40 per m.), $274.400 ; stock owned, $3.650 ; cash. $690.91— total, $278.740.91.
J. M. WARREN. President j John B. Gale. Treasurer and Secretary. CORPORATE OFFICE, Troy, N. Y'.

WEST SHORE RAILROAD.— Weehawkin, N. J., to Buffalo, N. Y. 425 miles. Branches : Rockland
Lake to Congers, 1.15 ; Athens Dock to Coxsackie, N. Yr., 6.16 : Coeyman's Junction to Albany, N. Y'., 11.04 ;
Fuller's Junction to Schenectady Junction, N. Y'.. 5.07 ; Buffalo to Buffalo Creek. 1.29— total main line and branches
449.71 miles ; second track, 334.~21 ; sidings, 203.41— total track, 987.33 miles. Rails (steel), 67 Ibs. Organized De-
cember 5, 1885, to take over the property of the New Y'ork, West Shore and Buffalo Ry. Co., which was sold under
foreclosure November 24, 1885. Leased for 475 years from January 1. 1886, to the New Y'ork Central and Huds< n
River RR. Co., on guarantee of bonds, and the capital stock delivered to that company as a consideration for the
lease and guarantee. On the same date (Jan. 1, 1886) the Middletown Branch was transferred to the Ontario and
Western, and thai company has trackage rights to May 12, 2079, over the road from Cornwall to Weehawken for
through Ontario and Western business exclusively, at a rental based on car mileage. (See MANUAL for 1886
page 489.)

Of the main line, -2.8S mil«-e from Weehawken. N. J., to Cornwall Junction, N. Y'.. and the Middletown
Branch, from Cornwall Junction to Middletown, N. Y., 24.6 miles, were formerly leased to the New Y'ork, Ontario
and Western Ry. Co., subject to this company's right of trackage over the line from Weehawkeu. N. J..'to Corn-
wall Junction, N. Y'., Ht a rental of 25 per cent, of gross earnings and all expenses of maintenance

The Saratoga and Hudson River Ry., known as the Athens Branch of the New Y'ork Central and Hudson
River RR., was leased in 1882 for 475 years, the rental being commuted for the entire period at $400,000.

Financial Stateinent, June 30, 1891.— Capital stock (par. $100), $10,000,000 ; bonded debt, $50,000,000— total
stock and bonds, $60,000.000 Cost of road and equipment, $60,000,000.

Fundfd debt consists of first mortgage 4 per cent. 475-year $1,000 coupon bonds (exchangeable for registered
certificates of $500, $1,000. $5,000, $10,000, or $50.000, at the option of the holder), dated December 5, 1885 bearing
interest from January 1, 1886, interest payable January and July, at the office of the lessee, by whom the bonds
are guaranteed. They are secured by mortgage on 448.02 miles of main and branch lines and on the rolling stock
previously covered by car trusts ; also on the terminal property in Weehawken, through ownership of all the
ock and bonds of the West Shore and Ontario Terminal Co. Trustee, Union Trust Co., New Y'ork. (See MAN-

Directors (elected in April, 1891).— Cornelius Vanderbilt, Wm. K. Vanderbilt, F. W. Vanderbilt New York
B.T.J .Aehbel Green, Tenafly, N. J,; IChauncey (M. Depew, J. Hood Wright, J. Pierpont Morgan, Edward D!

414

POOR'S MANUAL OF RAILROADS.

Adams, Charles C. Clarke, Charles Lanier, Horace J. Hayden, Samuel F, Barger, Charles Edward Tracy New
York, N. Y.

CHAUNCEY M. DEPEW, President, New York, N. Y.; Ashbel Green, Vlce-Pretident, Tenafly, N. J.; E. V.
W. Rossiter, Secretary and Treasurer; J. D. Layng,\General Manager. PRINCIPAL OFFICE AND ADDRESS,
Grand Central Station, New York City.

WEST SHORE AND ONTARIO TERMINAL, COMPANY OF NEW YORK AND NEW

JERSEY.— Consolidation June 19, 1883, under the name of Open Cut and General Storehouse Co., of a company
of that name with the National Stock Yard and the Midland Terminal and Perry Cos. The present title was
adopted June 19, 1883. A joint lease of the property for 99 years from Juiy 13, 1883, was given to the New York,
West Shore and Buffalo and the New York, Ontario and Western RR. Cos.

Entire lease assumed by West Shore Co. January 1, 188(5. Capital stock, $4,723.100 : funded debt, $10,000,-
000 first mortgage 5 per cent, gold 40 year bonds, due August 1, 1923, interest February and August, principal and
interest guaranteed by the West Shore Company. Trustees, C. M. Depew and J. P. Morgan. C. M. DEPEW,
President ; E. V. W. Rossiter, Secretary and Treasurer. Office, Grand Central Station, New York, N. Y.

Board of Directors, N. Y. C. & H. R. RR. Co., elected April 15, 1891.
CORNELIUS VANDEBBILT, Chairman of Board New York, N. Y.

Wm. K. Vanderbilt.New York.N.Y.
Fred.W.Vanderbilt.
Samuel F. Barge r. . .
J. Pierpont Morgan. " "
George C. Buell Rochester, N. Y.

CHAUNCEY M. DEPEW, President New York, N. Y.

Cor'llus Vanderbilt.New York, N. Y.
Chauncey M. Depew. "
Charles C. Clarke.. "
Horace J. Hayden..

Cyrus W. Field. . . .New York, N. Y.

William Bliss Boston, Mass.

Sherman S. Jewett. . . .Buffalo, N. Y.
Erastus Corning Albany, N. Y.

\*l Vice- President— Ch&rte* C. Clarke. New York, N. Y.

2d Vice- Presides t—H.J. Harden

3d Vice- President— H.Walter Webb. .
General Manager— John M. Toucey. . .

Secretary— Edwin D. Worcester New York, N. Y.

Treasurer— E. V. W. Ros^iter "

Comptroller — John Cars tense n "

General Supt.— Theodore Vorhees k '

Chief Engineer— Walter Katte New York, N. Y.

GENERAL OFFICE Albany, N. Y.

New York Office. Grand Central Station, New York City.

London Fiscal Agents J. S. Morgan & Co., 22 Old Broad St., London, Eng.

NEW YORK, CHICAGO AND ST. LOUIS RAILROAD COMPANY.

Line of Road.— Buffalo, N. Y., to Indiana-Illinois Line 502.56 miles.

Leased : Chicago and State Line RR. : Indiana Line to Grand Crossing, 111 9.96 miles.

™ , ( New York, Lake Erie & Western RR. : in Buffalo, N. Y 1.60

trackage : \Lake Shore & Mich. So. Ry.: Grand Cross'g, 111., to Chic., 111.. 8.90— 10.50 miles.

Total length of line operated, June 30, 1891 523.02 miles.

2d track (owned, 6.24; leased, 1.31), 7.55; sidings (owned, 148.49; leased, 17.29), 165.78
miles. Gauge, 4 ft. 8£ in. Kail— iron, 56 ; steel (owned, 620.41 ; leased, 28.56— total, 648.97
miles), 56, 60, 65 Ibs.

History. — Reorganization in September, 1887, after foreclosure sale May 19, 1887, of the
New York, Chicago and St. Louis Ry. Co. (See MANUAL for 1890.)

Rolling Stock, June 30, 1891. — Locomotive engines, 138. Cars— passenger, 36; bag-
gage, mail and express, 14; freight (box, 4,739; platform, 1,099; stock, 632; coal, 208;
refrigerator, 150; caboose, 76), 6,904; other cars, 5 — total cars, 6,959.

Operations for year ending June 30, 1891. — See tabulated statement below.

Earnings.— Passenger $432,483 99

Freight. . . 5,534,573 39

Mail 25,610 89

Express 12,341 09

Miscellaneous 10,442 19

Expenses.— Transportation $2,303,114 39

Motive Power 1,308,899 42

Maintenance of Cars 389,141 71

Maintenance of Way & Bldgs . . 683.809 33

Rentals of Terminals 88,070 11

General 242,170 05

Total ($11, 501. 38 per mile) $6,015,451 55 Total ($9,588.93 per mile) $5,015,205 01

Net earnings (16.63 per cent.), $1,000,246.54. Add interest and dividends, $14,411.66;
other receipts, $9,251.90 — total available revenue, $1,023,910.10. Payments : Interest on
bonds, $782,510; sinking fund, $93,748.10; dividend for 1890, $175.000— total, $1,051,258.10.
Balance, deficit, $27,348. Surplus forward, $224,122.05— total surplus, $196,774.05.
General Balance Sheet, June 30, 1891.

Cost of Road $46,240,575 57

Cost of Rolling Stock 3,616,721 50

Materials and Fuel on Hand 343,238 93

Other Property and Assets 15,175 58

Current Accounts 519,154 25

Cash on Hand 450,834 15

Total Assets $51,185,699 98

Common Stock Paid in (par, $100). .
Preferred Stock Paid in (par, $100). .
Funded Debt Outstanding

.... $14,000,000 00
.... 16,000,000 00
.... 19,681,000 00

Other Liabilities

1,014.223 58

Sinking Fund Account
Profit and Loss

293.702 35
196,774 05

Total Liabilities...

...851,185,699 98

POOR S MANUAL OF RAILKOADS.

415

Statement of operations, earnings, etc., for eight years :

1884
Dec. 31.

1885
Dec. 31.

1886
Dec. 31.

1887

Dec. 31.

1888
Dec. 31.

1889

Jane 30.

1890

June 30.

1891

June 30.

Miles Operated

523.02 523.02
408,207 464,301
2,498,893 2,622,835
3,043,4591 3,833,924
475,274' 436.378
14,610,449 15,756,094
l.Tli-2.778 1.HS4.364
604,371,112668.268,394

246.186' 252,781
2,879,309, 2.909,346
82,097 141,190

523.02 523.02 523.02 523.02

470,861 4HS.-25S 4fil.r>4*< 454,864
2.545.202i 3.060.537 3.442.216 3.514,485
3,187,634 4,425.8«)1 5.2M.l<;i) 5.329.819
456,113 434,903 478,249' 512,724
16,027,375 16.696.855 16.570.169 17.715.080
2.056,148 2.4(58.796 2.736.337 2.732.102
658-688il23 811,206,668 866,371,707 848,717,753
3 S i S $
265.904 286.118 303.195 325,853
3,522,548' 4,471.697 4.570.912 4,311,0«'3
33,156 39,182 44,111 45,613

523.02
468.956
4.058.343
5,953,150
535,768
21.240.220
3,084.5K)
978,193,434
I
378,831
5.122.149
47.107

523.02
480,907

4.342.163
6.436,012
575,668
28,546.917
3.304,425

1,068,759,540

S

432.484
5,534.573
48,394

6.015.451

o.i'15.«)5

_-.-r Train Miles
Freight Tniin Miles
Total Engine Mileage

Passengers Carried

Passenger Mileage

Ton^ Freight Moved
Tonnage Mileage

Earnings— Passenger
Freight
Other.

Gross Traffic Earnings
Operating Expen-es

Net Earnings

3,207,592
2,389,234

3,203,317

2.433.781

3,826,608
2,666,051

4,796.997
3.629,523

4,918,218
4,113.824

4,682.469 5.548,087
3,929.036 4.451. ',07

818,357
14,592

769,537

1,160,558

1,167,474
241

804.394
6,420

753,432 1,096.880
4.054 15,039

1.000,246
23,664

Other Receipts
Available Revenue

832.949
1,351,720

769,537 1,160,558
1,144,017

1,167,716
200,592

810,814
778,240
100.000

757.4^6 1,111,919
786,940 786.660
100,000 99,954

1,023,910
782,510
93,748
175,000

Payments : Interest
Sinking Fund..
Dividends

Rentals
Miscellaneous. .

Total

90,000

246,151
328,504

291,213

105,042
1,138

81,416

71,321 ..

4.705

1.441,720 1,718,672
- 608,770 - 949,135
6.13283 6.12465
4,568 15 4,653 32
1.564 68 1,471 33
1.68 c. ; 1.60 c.
0.48 c. 0.43 c.
78. 49 p. c. 75. 98 p. c.

291.213
-f 869,345
7.316 37
5,097 42
2.218 95
1.66 c.
0.53 c.
69.69 p. c.

306.772
+ 860,944
9.171 72
6.939 54
2.232 is
1.71 c.
0.55 c.
75. 67 p. c.

959.656
- 148,842
9.403 49
7.732 4fi
1,671 03
1.83 c.
0.52 c.
83. 65 p. c.

962.966
- 205,480
8,952 75
7,51221
1,440 54
1.84 c.
0.51 c.
83.91 p. c.

886.614
+ 225.305
10.607 79
8,510 59
2.097 20
1.78c.
0.52 c.
80 23 p. c.

1.051,258
- 27,348
11.501 38
9.588 93
1,91245
1.51 c.
0.52 C.
83. 37 p. C.

Balance ( + or — )
(.ross Earnings per Mile.
Operating Expense? per M.
Net Earnings per Mile
Av. Rate p. Pass. p. Mile. . .
Av. Rate p. Ton p. Mile
Expenses to Earnings

Funded debt consists of 1st mortgage 4 per cent. 50-year $1,000 coupon bonds, due
October 1, 1937, interest payable April and October, authorized, $20.000,000. Trustee, Cen-
tral Tiust Co., New Tork, N. Y. Interest payable at the office of the Union Trust Co. of
New York. Stocks and bonds listed on the New York Stock Exchange.

Annual meeting, first Wednesday in May, at Cleveland, 0.; books clc»e at least ten days
previously. Preferred btock consists of $5,000,000 first preferred and $11,000,000 second
preferred, and is entitled to 5 per cent, non-cumulative. Registrar of stock, Union Trust
Co., New York, N. Y. The Lake Shore and Michigan Southern owns $6,240,000 common,
$2,503,000 first preferred, and $6,275,000 second preferred stock. In January, 189,1, a divi-
dend of 3i per cent, was declared on the first preferred stock.

Directors (elected May 6, 1891).— Wm. K. Vanderbilt, Cornelius Vanderbilt, F. W.
Vanderbilt, H. McKay Twombly, John S. Kennedy, James A. Roosevelt. Fred. P. Olcott,
Chauncey M. Depew, Allyn Cox, New York, N. Y. ; D. W. Caldwell, Samuel E. Williamson,
Ralph W. Hickox, Cleveland, O. ; Charles M. Reed, Erie, Pa.

WILLIAM K. VANDERBILT, Chairman of Board. : New York, N. Y.

D. \V. CALDWELL, President Cleveland, O.

Set. and Treat— Allyn Cox New York, N. Y. I Transfer Agent— ¥. Middlebrook. . . .New York, N Y.

general Sup*.— Lewis Williams Cleveland, O. i Auditor— James P. Curry Cleveland, O.

PRINCIPAL OFFICE AND ADDRESS Cleveland, O.

Transfer Agency Grand Central Station, New York, N. Y.

NEW YORK, LAKE ERIE AND WESTERN RAILROAD COMPANY.

Main Line of Road.— Piermont, N. Y., to Dunkirk, N, Y 446.64 miles.

>urgh Branch : Newburgh, N. Y., to Qreycourt, N. Y. 18.73

Buffalo Branch : Hornellsville, N. Y., to Attica, N. Y 60.92— 79.65 miles.

r Lines Owned or Proprietary, as per statement on page 416 24.84 miles.

1 Lines, as per statement on page 416 551.12 miles

rated Lines, as per statement on page 416 596.51 miles.

Total of all lines operated, September 30, 1891 1,698.76 miles.

416 POOR'S MANUAL— NEW YORK, LAKE ERIE AND WESTERN RR. CO.

2d track (main line, 308.42; branches, 71.75), 380.17 ; sidings (main line, 255 30 ; branches,
39.64), 294.99 ; total track, main line and branches, 1.226.29 miles. Sidings, N. Y., P. & O.
RR., and branches, 171.46 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 to 65 Ibs.

Statement of miles of track on all roads operated by the New York, Lake Erie and
Western Ry. Co., September 30, 1891 :

LINES OP ROAD.

Length
of
RR.

2d
Track

Sid-
ings.

Total
Track.

Date
of
Open-
ing.

Date
of
Lease

Annual
Rental
Charge.

Owned :
Main Line : Piermont, N. Y., to Dunkirk, N. Y

-M.
446.64
18.73
12.64
60. 92

M.
308.42
6.33

M.
255.35
12.0&
1.53
19.56

M.

1,010.41
37.15
14.17
141.40

1851
1850

1
$

Newburgh Br. : Newburgh, N. Y., to Greycourt, N. Y. . . .
Newb.&N.Y.RR.: Arden Jc., N.Y.,to VaiPsGate Jc., N.Y.
Buffalo Branch : Hornellsville, N. Y., to Attica, N. Y . . . .

Proprietary Roads ;
Erie International Ry.: Buffalo, N. Y., to Internat. Bridge.
Erie and Black Rock RR.: Inter. Jc. to Black Rock, N. Y.
Conesus Lake RR. : Jc. at Hamilton, N. Y., to Lakev., N.Y.
Edgerton Br.: Erie Breaker, Pa., to Edgerton Breaker, Pa.
Bergen and Dundee RR.: Garfield, N. J., to Passaic, N. J.

Total Owned .

60.92

538.93

4.50
1.14
1.61
2.50
2.45

373.53

4.50

274.04

3.54
1.48
0.26
1.18

1,186.50

12.54
2.62
1.87
3.68
2.45

1874

1874
1886
1886

• >•«••••

1882

551.13

31.24

10.43
11.64
11.33
5.62

9.82
10.22
15 61

380.17
31.24

"6!ei

4.36
9.82

294.99

80.38

1.54
2.91
9.11
2.14
7.84
0.59
7.01
4.15
10.84
15.15
115.19
20.27
2.94
6.73
2.25
14.81

5.69

5.67
0.74

1,226.29

142.86

11.97
14.55

21.05
12.12
27.49
10.81
22.61
15.48
82.41
41.32
286.77
49.62
18.06
25.13
19.95
81.17

9.14

53.26
4.95
1 16

Leased :
Long Dock Co. 's RR.: 1

SSI S?aXnoKB.:: U-eyCi.y, N.J., to Suffern.N.Y.
Union RR. :
Montgomery and Erie RR.: Goshen, N. Y., to Mont., N. Y.
Goshen & Deckert'n RR. : Goshen,N.Y., to Pine Isl'd, N.Y.
Pater., Newark & N. Y. RR. : Pater., N. J., to Newark, N. J.
Newark & Hudson RR.: Bergen, N. J., to Newark, N. J..
Bergen Co.RR. : RutherfordJc.,N.J.,to Ridgewuod Jc.,N. J.
Mid & Crawford RR.: Crawf. Jc., N.Y., toPineBush,N.Y.

{1834
-{1848
U852

1867
1869
1868

"iss'i

1868
1862

1852
1852
1852

1872
1872
1868
1872
1881
1882
1886

48,400
30,000
3,500

16,000
19,085
35,000
17,500
12,000
10,500
50,000
14,940
140,000
40,600
238,100
70,000
21,000
34,012
13,600

Hawley Br • Lackawaxen Pa , to Hawley, Pa

Jeffer. RR. (Honesdale Br.) : Hawley, Pa., to Honesdale, Pa.
Jeffer. RR. (Carbondale Br.): Lanesboro\Pa.,to Cart)on,Pa.
Buf , Brad. & Pittsb. RR. : Carrol lton,N.Y., to Gilesville,Pa.
Buf ., N.Y. & Erie RR. : Painted Post, N.Y., to Buffalo, N.Y.
Susp. Br. & Erie Jc. RR. : E.Buffalo, N.Y.,to Susp.Br., N.Y.
Lockport & Buf .RR. : Tonawanda, N.Y., to Lockport, N. Y.
Rochester & Genesee Val. RR. : Avon, N.Y., toRoch., N.Y.
Avon,Gen.& Mt.Morris RR.: Avon,N.Y.,toMt.Morris,N.Y.
Buf. & Southw. RR.: B.C.RR.Jc., Buf. to Jamestown, N.Y.
Weehawken Br.: Bergen Jc.. Jersey City, N. J., to D. & (^
H. C. Co.'s Dock, Weehawken, N. J )
N. RR. of N. J. : Bergen Jc., N. J., to Nyack, N.Y
Moosic Mountain RR.: Wiuton, Pa., to Marshwood, Pa. ..
Arlington RR • Newark Jc to N Y & G L Jc

8.18
36.51
26.17
140.25
24.01
15.12
18.40
17.70
66.36

3.45

26.05
4.21
1.16

3.15
35.06

'si. '33

5.34

"1886
1853
1871
1870
1854
1859
1875

1859

"i863
187C
1879
1871
1859
1880

1868
1869

21.54

35 p. c.

N. Y., L. E. & W. C. & RR.: Alton Loop
N. Y., L. E. & W. C. & RR. : Crawford Jc. to Johnsonburgh
Toby Branch • Brockwayville to Dagus Mines

1.13

29.92
12.00

1.13

29.92
19.34
33.84

7.34
19.25

Brockport Branch 375; West Branch, 10.84

14.59

Total Leased

551.12

388.04
33 78

142.45

342.54

161.41
7.60

2.45

94.71

7.78
4.40
1.94

8.31

1.53
2.57

0.89

1,036.11

549.45
41.38

8.08

231.35

44.05
11.18
4.03

23.10

3.09

19. 30

10.87

1865
1865

1865
j-1851

1876

1883
1883

1883

1880

1880
1880

•32 p. c.

J

Operated :

N. Y., Penn. & Ohio RR.: Salamanca, N. Y., to Dayton, Pa.
Franklin Br • Buchanan Jc to Oil City Pa

Silver Creek Br.: Silver Creek Jc., O., to Coal Mines, O., )
including both Nort h and South Branches j
Cleveland & Mahon'gVal. RR.: Clevel'd, O., to Pa. State |
Line includ. line from Yongstown, O., to Hazelton. O. f
Niles & N. Lisbon RR. : Niles, O.. to 8 m. So. of N. Lisbon. O.
Lib.&ViennaRR.:Moosier,O..tocoal mines belowVien.,O.
Westermann RR.: Sharon, Pa., to Penn. State Line
Sharon Ry. : Sharon, Pa., to Pymatuning, Pa j
Middlesex Br.: Ferrona, Pa., to West Middlesex, Pa. . |
Sharpsville Br. : Boyce, Pa., to Sharpsville, Pa
Newc'le & Shenango Vy. RR.: W. M'd'sex to Newc'le, Pa.
Youngst'n & Austin RR.: Youngst'n, O., to L'dv. Mines |
Branch to Mannin^ and Tippecanoe Shaft (

5.63

80.86

36.27
6.78
2.09

14.79

1.56
16.73

9.98
596.51

55.78

1872

1883

55. 78 293. 59i

945.88

1,698.76578.40931.12 3,208.28

POOR'S MANUAL — NEW YORK, LAKE ERIE AND WESTERN BR. CO. 417

History. — Reorganization, April 27, 1878, of the Erie Ry. Co., whose property was sold
under foreclosure April 24, 1878. (For plan of reorganization and early history, see MANUAL.
for 1890, page 120, et aeq.)

The tracks of the Cincinnati, Hamilton, and Dayton RR. are used to gain entrance into
Cincinnati, under a contract dated April 24, 1890. At the same time arrangements were made
for through car service between New York, Indianapolis, Ind., and Lima, O.

For further particulars in reference to the leased and operated roads, see statements for
the several companies, appended hereto. In addition to lines of railroad shown below, the
Erie Company controls the Chicago and Erie, the Erie and Wyoming Valley, and tLe Barclay
RRs.

The Buffalo, Rochester, aud Pittsburgh RR. Co. uses part of this company's track under
contract. (See statement of B., R. & P. RR. Co.; also MANUAL for 1883, pages 173, 174, and
175, for terms of this contract.)

The contract with the Delaware and Hudson Canal Co. having expired, a new one to run to
January 25, 1898, was made, embracing largely the features of the old one ; the Canal Co.,
however, to pay a reduced rate of trackage on the Jefferson Branch. An agreement was also
made releasing this company from the payment of interest which it had previously made to
the Canal Co. under its guaranty of Boston, Hartford and Erie bonds.

EXTRACTS FROM THE COMPANY'S REPORT FOR 1891.

Chicago and Erie Railroad. — " As stated in the last annual report, the Chicago and Erie RR. Co. began to
operate this road on September 1. 1890. The fiscal year of the company ends on the 30th of June of each year.
The first was but a fractional year, covering a period of ten months from September 1, 1890, to and including June
30, 1891. Under the arrangement set forth in the income mortgage, the gross earnings of the road for these ten
months were $2,159,429.80. Assuming these ten months as ten-twelfths of a year would make the gross earnings
for the year 32.591,315.76, and the terms of the said arrangement would require that 25 per cent, thereof be applied
to the interest on the first mortgage bonds, and also the income bonds (after the payment of the balance of
the debt due to your company, $216,000) : 25 per cent, of $2,159,429.80 equals 8539,857.45 ; deduct interest on the
outstanding first mortgage bonds for said ten months, §342,959.66, leaves $196,897.79; which amount has been
credited to the New York, Lake Erie and Western RR. Co., as payment on account of the debt of §216,000 as
stated above.

'•The physical condition of the property has been very materially improved during the \>&6tyear. New iron
bridges with masonry abutments have been substituted for wooden structures and timber abutments. Many
miles of the road have been thoroughly ballasted, and the work is to be completed next season. New locomotive*
and care have also been provided for.

"Under the reorganization plan, 82,000,000 of the first mortgage bonds of the company were reserved for
betterments and improvements, and for acquiring equipment for the road. During the fractional year of ten
months above stated, the company disposed of 8591,000 of these bonds for said purposes, leaving $1,409,000 etiil to
be devoted to like purposes."

Erie and Genesee Valley Railroad.—" The litigation by which it was attempted to hold this company (X. Y..
L. & E. RR. Co. » responsible for the principal and interest on bonds of the Erie and Genesee Valley RR. was
finally brought to a favorable termination. In order, however, to keep the road open, its operation was con-
tinued under an agreement which provided that there should be no liability for the payment of rent. This
arrangement continued until October 22, 1891, when your company, having been notified that it was at an end,
withdrew its trains and equipment from the road, and ceased its operation."

Rollinff Stock, September 30, 1891 :

N. Y.. L. E. & W. RR.

N. Y

., P. & O. RR.

Total.

Owned.

Leased.

Total.

Owned.

Leased.

Total.

Owned .

Leased

Total.

Locomotives. Eight Drivers

196
142
203

50

246

142
224

45
25

136

30
17
5

75
42
141

258
58
40

45

241
167
339

80
17
26

321
184.
365

Locomotives'. Six Drivers
Locomotives, Four Driven*

Total

21

541
249

118
150

20

612
269
118

173

206
58
40
45

52

747
307
158
195

123
20

870
327
158
218

First Class Passenger Cars.
Second Class Passenger Cars. . .
Baggage, Mail, and Express Cars. .

Total.

23

23

517
7,366
143
3.513
1.565
246

S

43

7,402
508
8,801
500

560
14.768
651
12.314
2,065
246
41
88

143
3,43S
493
3,028
417
19,
91'
18

143
3.737
793
5,277

417
34
91
18
40

660
10,804
636
6,541
1,982
265
132
106

43
7.701
808
11,050
500
15

'"40

703
18.505
1,444
17.591
2,482
280
132
106
40

Box Freight Cars . . .

299
300
2,249

"ia

Stock Freight Cars..

Coal Freight Cars
Flat Freight Care

Caboose— Four-Wheeled Cars
Caboose— Eight-Wheeled Cars.
Service Cars..

Side Drop Ore Cars.

40

Total

12,962

17,211 30,173!

7,504,

2,903

10,407, 20,466 20,114 40,580

27

418 POOR'S MANUAL— NEW YORK, LAKE ERIE AND WESTERN RR. CO.

Operations for year ending Sepember 30, 1891

N. Y.. L. E.

N Y P. &

Total.

N. Y., L. E.
& W. RR.

N. Y., P. &
0. RR.

Total.

& W. RR.

O. RR.

Miles Operated...
Tram Mileage :
Passenger
Freight
Other

1,100.09

5.315,193
11,243,24)
3,513,229

596.50

1,774,450
4,643,411
1,657,869

1,696.59

7,089,643
15,886,1552
5,171,098

Earnings;

Passenger
Freight,

4,338,306 53
10,989,51041
6,742,361 17
551.556 22
394,409 96

1,601,80561
4,153.11986
974,648 61
198,!N>222
146,366 16

5.940,112 14
15,142,630 27
7,717,009 78
750,171 20
540,776 12

Coal

Mail & Express.
Other

Total
K.rju'Hses :
Maint. of Way .
Maint. or Cars. .
Motive Power..
Transportation.
General

Total
Net Earnings...
Leased Lines.. .
Par Mile :
Gross Earnings.
Operating Bxp..
Net Earnings. . .
Exp. to Earn' s..

Total
Passenger 'traffic:
Passengers.
Mileage
Freight Traffic:
Coal— tons
Freight— tons .
Total— tons . .
Coal— miles ...
Freight — miles.
Total— miles .
Average Rates :
Per Pass. -mile..
Expenses do . .
Net earnings do.
P. ton-m. (rods.)
P. ton-m. (coal).
P.ton-m(allfgt.)
Expenses do. . .
Net earnings do.

20,071,663

11,832,180
280,786,979

10,751,675
7,099,828
17,851,503
1,247,777,305
1,499,313,870
2,747,091,175

1.545C.
1.265C.
' 0.280 c.
0.733c.
0.540C.
0.645c.
0.429 c.
0.216c.

8,075,730

1,924,112
86,813,623

2,411,982
4,648,214
7,060,196
194,887,237
698,655,432
893,542,669

1.845C.
1.185C.
0.660 c.
0.594 c.
O.SOOc.
0.574c.
0.434 c.
0.140 c.

28,147,393

13,756,292
367,600,602

13,163,657
11,748,04-2
24,911,699
1,442,664,542
2,197,969,302
3,640,633,844

1.616c.

23,015,857 05

2,333,409 91
1.695,72775
4,506,149 79

6,599,205 38
443,489 88

7,074,842 46

735,201 96
477,293 96
1,665,87488
1,929,66393
97,918 16

30,090,699 51

3,128,611 87
2,173,021 71
6,172,0-24 67
8,228,869 31
541,408 04

15,337,982 71
7,077,874 34
*401,92342

20,921 79
13,942 48
6,979 31
66. 64 p. c.

4,905,952 89
2,168,889 57
2,185,14271

11,86059
8,244 56
3,636 02
69. 34 p. c.

20,243,935 60
9,846,763 91
2,587,066 13

17,735 98
11,93-212
5,803 86
67.28 p. c.

" 0.688 c."
0.535c.
0.579 c.

* Proportions due to leased lines, worked npon a per-
centage of earnings.

Net income to Erie, $7,259,697.78. Add receipts from other sources (details in profit and
loss account following), $1,040,032.62 — total available revenue, $8,299.730.40. Payments :
Interest on funded debt, $4,688.879.89 ; fixed rentals of leased lines and other charges (details
below), $2,605,472.71— total, $7,294,352.60. Balance, surplus for year, $1,005,377.80.

Profit and Loss Account for year ending September 30, 1891.

RAILROADS, OTHER PROPERTY, ANJ>'
ACCOUNTS.

Gross
Receipts.

PAYMENTS.

BALANCE.

Expenses.

Rentals.

Interest.

Profit.

Loss.

New York, Lake Erie and Western RR.
New York, Pennsylvania & Ohio RR. .
Pavonia Ferries .

$
23,015,857 05
7,074,842 46
385,094 47
32,767 08
7,800 00
71323
160,718 01
385,640 85
19,041 39
12,597 76
27,558 74
2,489 44
5,611 65

15,337,982 71
4,905.952 89
323,962 38
24,588 8-2
6,011 95
2,227 71
112,41814

1,920,00941
2,185,14271

4,688,879 89

1,068,98504

$

' 16,253 14
"lb',23694
'"l, 514 48

'18,415 20

61,13209

Weehawken Docks
Twenty-third Street Property . . :
Unclaimed Baggage & Freight Dep'm't.
Elevator and Docks, Buffalo
Interest on Securities..

1,788 05

48,299 87
385.640 85
19,041 39
12,597 76

•'7 55S 74

Paterson and Newark RR.— Rent
Suspension Bridge & E. Jc. RR.— Rent.
Rents and Expenses of Stock Yards. . .
Long Dock — Rents and Expenses. .
N. Y.,L.E.& W.D. & Ipt. Co.-Rt. & Ex.
Int. on Equipm., Loans, Mortgages, etc.
London Office's Expenses

2,489 44
5,611 65

416,20568
1,941 20
120,238 98
51,95481
6,08852
3,33838

627.767 08

416,205 68
1,941 20
120,238 98
51,95481
6,088 52
3,333 33

State (Pa , N. Y., & N. J. Taxes). . .

Claims prior to October 1, 1890

Expenses of Railway Commissioners..
Adjustment of Earn. N. Y., P. & O. RR.

Totals

31,130,732 13

21,312,90712

4,105,152 12

4,707,295 09

1,633,14488

Surplus for Year

1,005.::

Surplus for ye ir, as above, $1,005,377.80. Add surplus from last year, $9,168,404.40—
total, $10,173,782.20, from which deduct interest (6 per cent., paid November 26, 1890) on
income bonds, $30,480.48 ; dividends paid during the year on preferred stock, which was
not exchanged when the books were closed in 1881, 1882, and 1883, $900; uncollectible
accounts written off, adjustments, etc., $146,573.95 ; premium paid to redeem collateral trust
bonds, $9,310; paid interest on Chicago and Erie RR. 1st mortgage bonds, accrued between
May 1, 1887, and September 1, 1890 (as per reorganization circular), $663,066.67 ; paid the

POOR'S MANUAL — NEW YORK, LAKE ERIE AND WESTERN RR. CO. 419

N. Y., P. & O. RR. Co. iu full of the indebtedness due from the Chicago and Atlantic Ry.
Co. (same not having been provided for in the reorganization), $58,665.32— total, $908,996.42,
leaving net surplus as per general balance sheet, $9,264,785.78.

General Balance Sheet, September 30, 1891.

Capital Stork. Common (par. $100) $77,414,500 00

Capital Stock, Preferred (par, $100) 8,536,600 00— $85,951,100 00

Funded Debt Outstanding, September 30. 1891 (see statement on page 420) 77,664,885 10

Overdue Coupons, 3d Consols— Outstanding Unfunded 288 00

Bills Payable, secured by Mortgages on Real Estate 10,000 00

Sundries 12,309 84

Total Deferred Liabilities 22,597 84

Interest on Funded Debt, due and accrued 1,342,403 23

Rentals of Leased Lines, due and accrued 668,969 00

Due Other Roads, $587,934.31 ; less due from other Roads, $137.480.09 450.454 22

Pay- Rolls for September (payable in October) 1,196,276 88

Audited Vouchers for Supplies, etc 1,089.680 33

Miscellaneous Current Liabilities 51,690 36

Interest, due and accrued, other than on the Bonds of the Company 265,027 24

Loans and Bills Payable 2,284,63349

Dividends 5,394 00

Balance Profit and Loss, September 30, 1891 9,264,785 78

Total Liabilities $180,257,897 47

Tbe Estate of the Erie Railway Co $145,362,517 70

Construction Main Line 6,953,425 68

Betterments to Branch Lines 1,070,72107

Third Rail 931,12283

Equipment 6,879,623 53

Real Estate 668,84775

Mortgages on RealBEstate assigned to Trustee 134,500 00

Elevator at Buffalo 304,142 87

Lehigh Docks at Buffalo 260,80395

Erie Coal Docks at Buffalo. 254,762 87

New York and Fort Lee Railroad 25,346 45

Improvement at Union Stock Yards. 40th Street, New York City 31,565 92

Amounts paid on Account of Equipment 4,477,613 17 — $167,352,993 79

Investments in Stocks and Bonds of other Companies 3,753,645 09

Advances to X. Y., L. E. & W. Coal and RR. and other Companies 2,072,153 23

X. Y.. Pa. & Ohio RR. for Permanent Improvements and Betterments under Lease 106,140 82

Materials and Supplies on Handfand on Road 440,006 62

Due from Agents and Others for Transportation (collectible in October) 1,702,141 89

Current Accounts, $958,837.49 ; less due by the Company on Similar Accounts, $8,761. 32 950,076 17

Cash on Deposit in Xe w York and in London to pay Coupons 490,716 27

Bills Receivable $133,000 00

Chicazo and Erie RR. Co ; 440,759 91

Other Companies for Advances 1,110,575 96

Sundry Individuals and Companies 263,789 99

Erie Coal Companies, etc 1,341.897 73

Mortgages on Real Estate 100,000 00- 2,816,263 68

Total Assets . . . * $180,257,897 47

Preferred stock is entitled to 6 per cent, dividends, if earned, before the payment of nny
dividend on the common stock. Dividends (3^ per cent, each) on the preferred stock were
paid for the years ending June 30, 1872, and 1873, and for the half year ending December
), 1873. A dividend of 1$ per cent, on the common stock was paid for the year ending
December 31, 1872, and 1 per cent, for half year ending June 30. 1873. Dividends of 6 per
cent, each were paid on the preferred stock during the three fiscal years 1882 to 1884— none
afterwards until December, 1891, when a dividend of 3 per cent, was declared payable Janu-
ary 15, 1892.

Tae assessments paid upon the stock to September 30. 1891, have been as follows : Pre-
ferred stock—$3 per share on 23,3721 shares, $70,116.75; $2 per share on 58,945 shares,

420

POOR'S MANUAL — NEW YORK, LAKE ERIE AND WESTERN RR. CO.

$116,490. Common stock— $6 per share on 72,982 shares, $437,892 ; $4 per share on 697,806
shares, $2,791,224. Total number of shares paying assessments was 81, 557^ of preferred, and
770,838 of commmon ; par value, $85,240,500. The total amount realized was $3,415,722.75,
and adding interest, $3,792,459.47. Of this sum $3,205,958.68 were applied to the improve-
ment of the road, and $586,357.93 to the charges of reorganization and expenses in London,
leaving unapplied, $442.86. Holders of 9,162 shares of common and 3,802 of preferred failed
to pay assessments on same. Of the common stock thus delinquent, 5,000 shares were sold
in 1880-81, and 3,802 shares during the fiscal year 1888-89, and the proceeds of sale placed
to credit of company. The total amount of capital stock of the company, as authorized by
its articles of incorporation, is $86,536,900— $78,000,000 common, and $8,536,900 preferred.
Of this there had been issued on September 30, 1891, in exchange for stock upon which assess-
ments have been paid, $85,070,900 ($76,914,500 common and $8,156,400 preferred), leaving
$169,600 of assessment-paid stock still awaiting such exchange.

Merchandise Freight.— The tonnage on the N. Y., L. E. & W. RR. proper was 7,099,828,
an increase over the previous year of 380,684, or 5.67 per cent. The number of tons carried
one mile was 1,499,313,870, an increase of 27,437,933, or 1.86 per cent. The east-bound
tonnage shows an increase of 200,954 tons in local and 78,470 tons in through freight. The
west-bound tonnage shows an increase of 102,753 tons in local and a decrease of 1,473 tons in
through freight. The principal articles transported were as follows :
Tons. Per cent, of Total.

Grain 970,973 13.68

Flour 314,176 4.42

Merchandise 503,661 7.09

Lumber 87'5,213 12.33

Lumber 410,189 5.78

Of the total tonnage classed as merchandise freight, 3,063,465 tons, or 43.14 per cent.,
originated on this company's line ; 5,148,306 tons, or 72.51 per cent., was east-bound, and
1,951,522, or 27.49 per cent., was west-bound.

Statement of funded debt outstanding, September 30, 1891 :

Tons. Per cent, of Total.
Iron and other Ores 293,344 4.13

Stone, sand, etc 615,543

Livestock 207,429

Salt ... . 230,537

8.67
2.92
3.25

DESCRIPTION OF BONDS.

DATE.

INTEREST.

Amount
Outstand-
ing.

Annual
Charges.

Issue.

Maturity.

Rate.

Payable.

First "Mortgage

May 1, 1867 j May , 1897
Sept. 1, 1879iSept. , 1919
Mar. 1, 1883; Mar. , 1923
Oct. 1, 1880',Oct. , 1920
June 1, 1858 June , 1928
July 1, 1861 July , 1891

Per cent.
7 currency. .
Sgold.. ..
4i gold. .
5 "gold.. .
4 gold.. ..
4 currency.

M. & N.
M. & S.
M. & S.
A. & 0.
J. & D.
J. & Jy.

2,482,000 00
2,149,00000
4,617,000 00
2.926,000 00
709,500 00
182,600 00

S
173.740 00
107,45(100
207.765 00
146.300 00
28.880 00
1L41250

Second Mortgage
Third Mortgage
Fourth Mortgage

Fifth Mortgage

Buffalo Branch Mortgage
First Consolidated Mort^a^e

Sept. 1, 1870
Sept. 1, 1878
1879
Dec. 1, 1878
Dec. 1, 1878
Nov. 1, 1882
Dec. 1, 1885

Sept. . 1920
Sept. , 1920
Dec. , 1908
Dec. , 1969
Dec. , 1969
Nov. , 1922
Dec. 1. 1969
June 1, 1977

7 gold.. ..
7 gold.. ..
6 gold.. ..
6 gold.. ..
6 gold.. ..
6srold.. ..
i5 gold . ..

M. & S.
M. & S.
M. & N.
J. & D.
J. & D.
M. & N.
J. & D.

16,891,000 00
3,?'05,977 10
2,500,000 00
25,000,000 00
8,597,400 00
*3,365,000 00
4,031,400 00
508,008 00

1.182,370 00
259,418 39
150.00000
1,500,0(000
515,811 nil
204,(i30 00
201,57000

First Consolidated Funded Coupons . .
Reorganized 1st Lien, from Nov. 1, 1881
Second Consolidated Mortgages .
Second Consolidated Funded Coupon.
Collateral Trust

Funded Coupon Bonds of 1885

Income Bonds
Totals

77,664,885 10

4,688,879 89

* $21,000 bonds not yet redeemed, on which the interest ceased May 1, 1891.

The first mortgage bonds of 1897 were originally issued in 1847 by the New York and Erie
RR. Co., and were extended for 30 years from their maturity in 1867. The second mortgage
bonds were issued March 1, 1849, and matured March 1, 1859. They were extended to Septem-
ber 1, 1879, and again to September 1, 1919, the rate of interest being reduced at the last ex-
tension from 7 per cent, to 5 per cent. The third mortgage bonds were issued in 1863 at 7 per
cent., and matured March 1, 1883. They were extended to March 1, 1923, at 4^ per cent.
The fourth mortgage bonds are dated August 15, 1857, at 7 per cent., and matured October 1,
1880. They were extended to October 1, 1920, at 5 per cent. All bonds of the foregoing

POOR'S MANUAL — NEW YORK, LAKE ERIE AND WESTERN RR. CO. 421

issues are in coupon form for $1,000. The fifth mortgage bonds were originally issued at 7 per
cent., dated June 1, 1858, matured June 1, 1888, and were extended for 40 years from the
latter date at 4 per cent, interest. The authorized issue was $6,000,000, and all but $709,-
500 -were exchanged for 1st consolidated mortgage bonds of the old Erie Ry. Co. Of the
bonds outstanding, 665 are for $1,000 each, and the remaining 89 are .for $500 each. Trus-
. lames Brown and J. C. B. Davis.

The first, second, third, and fourth mortgages are secured in the order of their priority
on the lines from Piermont to Dunkirk, X. Y., 447 miles; the fifth mortgage bonds are se-
cured on the line from Xewburgli to Greycourt, X. Y., 18.73 miles ; and the Buffalo Branch
bonds cover the line from Hornellsville to Attica, X. Y., 60.79 miles.

The first consolidated mortgage bonds are of $1,000, <>r £200 each, and to bearer, with pro-
vision for registration of principal of coupon bonds. The first consolidated funded coupon
bonds are of $500 and $1,000, to bearer, with provision for registration of principal of coupon
bonds. Trustee, Farmers' Lo-m and Trust Co., Xe\v York. The 1st consols, and 1st cousol.
funded coupon bonds are secured on the line from Piermont to Dunkirk, 446. 64 miles, and on
the branches to Greycourt and to Attica, in all, 526.29 miles, subject, however, to prior mort-
gages as above ; also on various leasehold interests in 213.13 miles of road subject to prior
mortgages aggregating $2,960,000.

The second consolidated 6 per cent, bonds are of $500 and $1,000 to bearer, with provision
for registration of principal of coupon bonds. Provision is made in the mortgage securing
these bonds that in the event of default in the payment of interest no proceedings to enforce
same can be instituted until the company fails to pay six successive coupons. Trustee,
Farmers' Loan and Trust Co., Xew York, X. Y.

The reorganization first lien bonds are for $1,000 or £200 each, principal an1 interest pay-
able in gold in Xew York and London. They are a lien prior to the 2d consols. They are
redeemable only by purchase. Trustee, Farmers' Loan and Trust Co., Xew York, X. Y.

The income bonds bear interest at the rate of 6 per cent., or at such lesser rate for any
fiscal year as the net earnings of the company, as declared by the board of directors and
applicable for that purpose, shall be sufficient to satisfy. Interest at full rate was paid in
the fiscal years ending in 1882, 1883, 1884, 1889, and 1891. Trustee, Farmer-?' Loan and Trust
Co., Xew York, X. Y.

The collateral trust bonds may be called for redemption at 10 per cent, premium at any
time before maturity on three months' notice. Trustee, United States Trust Co. of Xew York.
Secured by deed of trust covering certain bonds and stocks representing interests of this com.
pany in branch lines, coal properties, terminal facilities, and improvements connected with
the lines of its railroads as follows : 10.000 shares Blossburg Coal Co.'s stock ; 5,759 shares
Buffalo, Xew York and Erie RR. stock ; A, 249 shares Buffalo Creek RR. stock ; 10.000
shares Hillside Coal and Iron Co. stock ; 8,000 shares Long Dock Co. stock ; 9,941 shares
Union SS. Co.; 5.000 shares North western M. & E. Co. stock; 185 bonds Buffalo, Bradford
and Pittsburgh RR. ; 250 bonds Xewark and Hudson RR.; 166 bonds Xewburyh and Xe\v
York RR.; 1,900 bonds X. Y., L. E. and W. Coal RR. ; 349 bonds Paterson and Xewark RR.,
$1.000 each ; 300 bonds Paterson and Xewark RR., $5'»0 each ; 604 bonds Docks and Improve-
ment Co.; 438 1st mortgage bo>ids Xew York and Greenwood Lake Ry., $1,000 each ; 1 first
mortgage bond X. Y. & G. L. Ry., $500 ; 2 first mortgage bonds N. Y. & G. L. Ry., $100 each ;
382 second mortgage bonds X. Y. & G. L. Ry., $1,000 each; and 4 $100 second mortgage
bonds X. Y. & G. L. Ry.

The funded coupon bonds of 1885 were issued for coupons of the 2d consols, and the 2d
consol. funded coupon bonds falling due from June, 1884, to June, 1886, inclusive. They are
of $1,000 each, are redeemable at any time at 105 and interest, and are secured by deposit
with the trustee of the coupons funded, which coupons preserve all of their original lien.
Farmers' Loan and Trust Co., trustee.

The reorganization first lien bonds, the 2d consols., the 2d consol. funded coupon bonds,
and the funded coupon bonds of 1885, are secured in the order named on the 526.52 miles
above referred to, subject to the li^n of prior mortgages ; also by first lien on branches from

422

POOR'S MANUAL — NEW YORK, LAKE ERIE AND WESTERN RR. CO.

Main Street, Buffalo, to International Branch, 4.50 miles; from International Junction to
Black Hock, N. Y., 1.14 miles, and from Hamilton to Lakeville, N. Y., 1.08 miles ; and on
various leasehold interests in 506.94 miles of road covered by $14,409,500 prior mortgages,
and in the Niagara River and Erie and the Brock port and Shawmut KRs.

In June, 18S4, the company defaulted in the payment of interet-t on its second consoli-
dated mortgage bonds, and subsequently on the rental due the Buffalo and Southwestern and
the interests on certain classes of car trusts.

An adjustment of the two latter defaults was afterward effected— in the case of the Buf-
falo and Southwestern RR. by the payment of the rental i>> dispute, the Erie also securing a
modification of the lease by the reduction of the rental charge from 35 per cent, of its gross
earnings to 27-^ per cent., with the condition that should such percentage be insufficient to
provide for the interest charges on the Buffalo and Southwestern bonds, the Erie should
make good tbe deficit.

Under the original agreements governing the car trusts, there was payable in 1885 on
account of principal and interes', $1,201,200. Tbe company, however, proposed to holders
of those securities that no drawing of principal should be made in 1885, that one* per cent,
each should be paid on that account in 1886 and 1887, two per cent, each in 1888 and 1889,
and not less than six per cent, yearly thereafter. The company further agreed to pay the
interest regularly on condition that the rate on series " F " and " Q " should be reduced to 5
per cent. This proposition lias been accepted by nearly 92 per cent, of the holdeis, and in-
terest payments have been made to them regularly since.

In June, 1890, the Court of Appeals decided the litigation brought by tbe non-assenting
holders of certificates of the old car trusts, series " F" and "G," against this company, hold-
ing that these holders are entitled to 6 per cent, dividends. Such of these certificates as have
been presented were purchased by the company at par and accrued interest, amounting to
about $650,000, thus reducing the car trusts to that extent.

The total amount of capital stock issued to September 30, 1891, is, as given, $85,951,100 ;
amount of assented stock unissued, $169,600 : amount on hand subject to sale (common,
4,162 shares), $416,200. Total amount authorized, $86,536,900.

Statement showing in detail the capital stock and funded debt of the N. Y., L. E. & W.
RR. Co. for seven years :

1885

1886

1887

1888

1889

1890

1891

Common Stock
Preferred Stock

$
77,223,100
8,145,800

77,303,700
8,147,400

$

77,363,200
8,147,400

77,376,500
8.149,400

$
77,350,200
8,536,600

$
77,404,900
8,536,600

77.414.500
8,536,600

Total Stock
Kir^t Mortgage Bonds. .
Second Mortgage Bonds
Third Mortgage Bonds.
Fourth Mortgage Bonds
Fifth Mortgage Bonds..
Buffalo Branch Bonds..
Consol. Mortgage Bonds
Fund'dCoup.dst Cons.)
New 2d Cons. Mtg. B'ds
Funded Coup. (2d Cons.)
Income Bonds
Reorg. 1st Loan Bonds

85,368,900
2,482,000
2,149,000
4,618,000
2,926,000
709,500
182,600
16,890,000
3,705,977
25,000,000
8,597,400
508,008
2,500000

85,451,100
2,482,000
2,149,000
4,618,000
2,926,000
709,500
182,600
16,890,000
3,705,977
25,000.000
8,597,400
508,008
2,500,000

85,510,600
2,482,000
2,149,000
4,618,000
2,926,000
709,500
182,600
16,890,000
3,705,977
25,000,000
8,597,400
508,008
2.500,000

85,515,900
2,482,000
2,149,000
4.618,000
2,926.000
709.500
182,600
16,890.000
3,705,<;77
25,000,000
8,597,400
508,008
2,500,0(0

85,931,800
2,482,000
2,149,000
4.617,000
2,926,000
709,500
182,600
16.891.000
3.705,97?'
25,000,000
8,597,400
508.008
2,500,000

85,941,500
2,482,000
2,149,000
4,617,000
2,926,000
709,500
182,600
16,891,000
8,706,977
25,000,000
8,597,400
508,008
2.500,000

85,951,100
8,482,001

2.149.0(10
4.617.000
•J.Jttii.OOO
709.500
182,600
16,891,000
3.705.977
25.000,000
8.957,400
508.008

2.:>iH).ooo

Col. Trnst Bonds
Fund Coup Bds of 1885

5,000,000

4,274,000
3,957,9QO

4,273,000
4,009,380

4,273,000
4 025,760

3,462,000
4,028,760

3.458,000
4,029,840

3,365,000
4,031,400

Total Bonds

75,268,485

78,500,.585

78,550,865

78,567,245

77, 759. ^5

77,756,325

Total Stock &Bonds

160,687.385

163,951,485

164,061,465

164,083,145

163.691,045

168,697.8*5

168.615.U85

This company is owner of the entire capital stock of the Hillside Coal and Iron Com-
pany, the Northwestern Mining and Exchange Company, the Towanda Coal Company, and
the Blo8sburg Coal Company, the last named controlling the Tioga RR. and its leased lines.
(See MANUAL for 1883, page 174.)

POOR'S MANUAL — NEW YORK, LAKE ERIE AND WESTERN RR. CO. 423

1. Statement of mileage, equipment, capital stock, funded debt, cost of road, etc., for
fifteen years, 1877-1891, inclusive.

CAR STOCK.

1879

1881
1882

*1S84
j 1886

18S8
18^9
1800
1891

526 503 309 11,035

526 493 303 13,511

5-26 513 3-29 19,469

526 564 354 29.304

52ti 5s4 357 29,108

525 460 441 11,546

90 439 13,637j

529 405 456 13,840

540 427 437 12,825'
540 1522 +518 +29,937

540J 496 474 12.668
540 541 1 517; 12,587

LIABILITIES

ll

r

ASSETS.

I!

1!

85,254,400166 818,204 828,546 118,049,931 44,851,219

27,148,800 66,678.501 6,683,279 2,120,518 99,340,056| 400,227i

83,247.000 67.173,7451 9,218.227 4.911 .139 157.785,058 664,6(58

84.575,300 67,165,666| 8,141^440 5,798.556; 160,046.101' 1,458,060

85,075,100 70,267,138; 9,177,198 6.470,378j 165,998,366 4.124.;<>:>

85,285,400 75.267,137 10.416.604 7.120.354 168,898,688 4,057.101

86,888,90075,268,488 13.311,159 '5.903.043 115,222,585, 4,290.119;

85,368,900,75.268,48-5 13,896.077 4.511,723 165,640,549 3,330.775

85.451.100 78,500,385! 8,620,925 4.522.596 162.910,160 3,485.183,

85.510.600 78,550,8651 5,426.670,7.592.185 164,075.962 3,476,187

85,515,90078.567.245 5,589.2647,875.480,164,767.253 3,165.821

85,931,800)77759,245 4.836,900 8,496,854; 165,121, 358) 3.206.971

85.941, 500 i 77,756,3251 6,668,5709,168,404 165,959.071 ! 3.553.735

85,951, 100! 77,664.885! 7,377,126 9,264,786:167,352,994 3,753.645
I

2.S90.M15
4.100.3S5
4,176,801
4.991.44S
1UJS33.756
10.302.883

10,699.663
9,528,171
9.614.815
10,696.470
10,015,993
9,151,258

152,901,150
102,631,098
162,550,111
165.680,962
179.989,814
178,089.495
179,815,587
179,045,185
177,095,006
177,080,320
177.547,889
179.024.799
179,528,799
180,257,897

* Leased engines and freight cars included. t Including cars leased to other corporations.

2. Statement of traffic operations for fifteen years, 1877-1891, inclusive :

TRAIN MILEAGE.

PASSENGER TRAFFIC.

FREIGHT TRAFFIC.

Miles '

Total

YEARS.

Railroad

Engine

Operated .

Passen-
ger.

Freight.

Mileage.

Passenger

Movement.

Rate.

Tons.

Movement.

Rate.

M.

if.

M.

M.

No.

K

Cts.

•No.

M.

Cts.

1877 ..

956.73

2,988,298

7,686,664

12,587.998 4.887,238

170^888,580

1.884

6,182.451

1.114,586,520

0.955

1878....

928.09

3.032,717

7,687,514

12.716.583 4,896.327

140,3','6.749

2.1S9

6,150.468

1.224. 7K3. 71 X

0.973

1879....

928.09

3,192,618

8.467,847

14,174,523 4,894,527

149,115,718

2.091

8.212,641

1,569,222.417

0.718

1880....

952.49

3,280,456

8,171,901

14,293.876 5,491,431

180,460.204

2.041

8,715,892

1,721,112,095

0.836

1881....

979.73

3,476,629

9,112.086

15.905.282 6,744,158

200,483,790

2.016

11,066.823

1.984.394,855

0.805

1882....

1029.03

3,546,055

8,569,938

15,292,397! 6,7S3,195

225.1:30,883

.947

11,895.238

1.954,389,710

0.749

1883....

1 295.89

4,349,744

10,940,038

', 19,107,063 6,934,724

247.147.117

.968

13,610.62:3

2.306.946.892

0.780

1884. ..

601.89

5,824,887

11.7(57.745

| 21.022.457 6,734.045

2:35,105,058

.188

16,219,59812,498,888,976

0.685

1885...

601.89

5,259.764

10,502.455

' 19,206,827 7,209,054

250.6:35,115

.756

14,959.970

2,381,778,988

0.628

1886....

609.43

5.786,782

11.763,193

21.524.788 7.727.051

256,137,487

.899

18.268,239

2.882,311,126

0.636

1887....

609.831 6,128,483

12,140.339

22,775,196 8,398,464

254,840,459) .942

19,^65.749 3,022,039^249

0.662

1888 612.54! 6,510,274

13,043,364

24, 129. ISO 10.12-2 247

289.201,722

.815

21,312.8593,062,805.395

0.669

1889....

632.05

6.327.254

13,068.528

24.011.750 11,833,791

313.5S1.726

.629

21,585,818

3.165,241,537

0.649

1890...

637.79

6,828,531

15.005,773

27J 10.724 13,25»;,671

3:35,S28,080

.659

24,127.160

3.519,487.477

0.636

1891....

696.59

7.089,643

15,886,652

28,147,393 13,756,292

367,600,602

.616

24,911,699,3,640,633,844

0.579

3. Statement showing earnings, expenses, n^t earnings, etc., for fifteen years, 1877-
1891, inclusive :

GROSS TRAFFIC EARNINGS.

AVERAGE PER MILE OF RR.

Operating

Net

Expenses

YRS.

Expenses Traffic

to

Passenger

Freight.

Other.

Total.

and
Taxes.

Earnings.

Gross

Earn ings.

Expenses
& Taxes.

Net
Earnings.

Earnings.

I

$

S

f

$

$

$

S

3

p. c.

1877.:

3,220.090

10,647,807

840,993 14,708,890

10,899,840

3,809,050

15,374 13

11,392 81

3,981 32

74.10

1878..

3,070.121

11,914,490

660,3671 15,644,978

10,635,864

5.009,114

16,709 36

11,35946

5. 34H.OO 67.98

1879..

3.118.944

12,233,481

589,598) 15.942,023

11,174,696

4,767.324

17,178 90

12.041 70

6,187801 70.09

1880.

3.682.951

14.391,115

619.0431 18,693,109

11,643,925

7,049,183

19,625 31

12,22459

7.40072

62.29

1881..

4,041,267

15.979,576

694,762

20,715,605

13,256,230

7,459.375

81,11420 13,5:3050

7,613 70

63.99

1882..

4,384,510

14,642,128

949,136

19,975,774

13,088.094

6,887,680

19,476781 12,77090

6.70588 65.50

1883..

23.934.979

15.444.5S3

8.490.396

is. 390 38 11,91812

6.47826 64.53

1884..

' 5,146.090

'l7.123',52i| 1,258,863 23,528.474

16.358.078

7.170.39(5

14.687 95' 10,211 74

4,476 21

69.52

18S5.

4,400,951

14,951,709 1,202.955

20.555.615

14.347.517

6.208,098

12.&32 09 8,956 62

3,875 47

69.79

1886..

4.480,890

18,347.487

,283.225 24.471.602

16.388.638

8.082.964

15.276 70 10.230 81

5.04589! 66.97

1887.

5,195,841

20,150,744 .221.274 26.567.859

17.390.673

9.177.186

16,50852) 10.80281

5.700 71 i 66.26

1888.

20,502,732 ,467.405

27.217.990

18,003,469

9.214.521

16.87895! 11,16466

5,714 29

66.15

1889.

5,301.378

20,552,260 .5.50.768 27.004.406

17,854,485

9.149.981

16.54620! 10,93926

5,60694

66.12

1890.

5,569.508

2-2,373.399 .126.028 29.068.935

19.505,951

9.562.984

17.74SS8 11.90992

5,838 96

67.10

1891.

5.940.112

2-2.859.IJ40 .290.948 30.090,700

20.243.936

9.846.764

17,78598 11.93212

5,80386

67.28

424

POOR S MANUAL — NEW YORK, LAKE ERIE AND WESTERN RR. CO.

4. Abstract of income account for fifteen years, 1877-1891 inclusive :

S

RECEIPTS.

DISBURSEMENTS.

Balance

Balance as

<J
M

h

Net Traf- Miscella-
ficEar'gs.j neous.

Total.

Int. on
Bonds, etc

Lease
Rentals.

Miscel-
laneous

Total.

Balance,
+ or — .

from last
Year.

per General
Balance
Sheet.

$ $

$

$

S

S

$

$

8

$

1877

3.809.050 727.669

4.536.714! 4.436.891

736.648

664.263

5,837.802

— 1,301,084

1878 5.009.114 709.8181 5.718.926 3.799.552

728,71)8 505.144

5,093,494

625,432

(a) 625,432

1879

4,767,324' 413,312; 5,180,636 2,583,456

714,950

590,259

3,888,665

1,291,971| 828.547

2,120.518

1880

7,049,183! 783,9571 7,833,140i 4,570,352 699,984

772,183

6,042,519

1,790,621 2,120,547

3,911,139

1881
1882

7,459.375 844,306; 8,303.681 1 4,896,473 712,002
6,887,680 780,6551 7,668,335 5,069,670! 704,361

807,788
727,642

6.416,263
6,501,673

l,887,418i 3,911,138
1,166,662 5,798.556

5.798,556
(6) 6,965,198

1883

8,490,3961 876,799 9,367,195 5,452,048| 1,856,735

792,927

8,101,710

1,265,485

6,470,378

(c) 7,735,863

1884

7,170,396 1,077,626 8,218,022 5,417,339 2,614,092 915,214

8,946,645

698,623

7,120,354

(d) 6,241,731

1885

6,208,098: 1,002,692 7,212,790 5,330,336

2,348,8451 913,552

8,587,733

1,376,943

5,903,043

(e) 4,526,100

1886

8,082,964 946,459; 9,029,423 5,139.208

3,187,373! 688,231

9,014,812

14,611

4,511,723

(/) 4,526,334

1887

9,177,186 940,659 10,117,845

5,103,100

3.577,273 835.673

9,516,046

601,799

4,522,596

(g) 5,124,395

1888

9,214,521 i 938,841

10,152,362 5,041,974

3,702,836! 668.709

9,413.51 Si

738,843

7,592,185

(h) 8,331,027

1889 9,149,9811 1,076,505 10,226,486 5,130,538

3,618,704 702,468

9,451,710

774,776

7,875,480

(t) 8,650,256

1890

9,562,984i 1,090,016 10,653,000, 5,239,292

3,834,985 718,469

9,792,746

+ 860,255

8,496,855

(j) 9,357,109

1891

9,846,764! 1,040,032

10,886,796

5,123.501

4,105,15-2

652,765

9,881,418

+ 1,005,378

9,168,404

(*) 10,17'3,782

(a) This sum represents the surplus for the period June 1 to September 30, 1878, during which the road was
operated by the new company. (b) From which were paid : Interest on income bonds (6 p. c.), $30,480.52 ; divi-
dends on preferred stock (January 16, 1883, 6 p. c ), $464,304— total, $494.820.52. leaving net amount, as per general
balance sheet, $6,470,377.76. (c) from which were paid : Interest on income bonds. (6 p. c.), §30,480.44 ; dividends
on preferred stock (6 p. c.), $485,028 ; sinking fund reorganization, 1st lien bonds, $100,000— total, $615,508.44 ;
leaving net amount as per general balance sheet, $7,120,354.30. (d) From which were paid : Interest on income
bonds (6 p. c.), $30,480.48 ; dividends on preferred stock (6 p. c.), $488,208— total, $518.688.48 ; leaving net amount,
as per general balance sheet, $5, 903,042. 8T. (e) From which were paid : Old dividends, $14,376 ; leaving net
amount, as per general balance sheet, $4,511,723. (/) From which were paid : Back dividends, $3,738 ; leaving
net amount, as per general balance sheet, $4,522,596. (g) Add : Assessments on stock, $3,284,451.47 ; sinking
fund prior lien bonds, $100,000— total, $8,508,847, from which were paid : Back dividends, $2,424 ; discount on
stock and bonds from June 1, 1874, to date, $792,938,10 ; commissions and expenses extending N. Y. & E. RR.
3d mortgage bonds, $121.300— total, $916,662.10, leaving net surplus, as per general balance sheet, $7,592,184.82.
(h) From which were paid : Back dividends, $6,390 ; uncoUected accounts written off, $18.332.26 ; taxes, rents,
etc., paid Cit3r of New York, $107,500 ; depreciation of passenger equipment, $314,604.12 ; commissions and ex-
penses extending N. Y. & E. RR. 3d mortgage bonds, $8,721.45— total, $455,547.83, leaving net surplus, as per
general balance sheet, $7,875,479.51. (i) From which were paid : Back dividends, $360 ; commissions and ex-
penses extending Nevvburgh and N. Y. RR. bonds, $3,253.80 ; uncollectible accounts written off, $22,177.35 ; pre-
mium on bonds. $12,992.50 ; discount on preferred stock, $114,617.83 — total, $153,401.48, leaving net surplus, as
per general balance sheet, $8,496,854.52. (j) From which were paid : Interest on income bonds (November 26,
1889, 6 p. c.), $30,480.48 ; and uncollectible accounts written off, adjustments, etc., during the year, $128.223,64 —
total, $188,704.12, leaving net surplus, as per general balance sheet, $9,168,404.40. (K) From which deduct the
various items detailed in general profit and loss account on page 418, $908,996 ; leaving net surplus as per general
balance sheet, $9,264,7^5.78.

Statement showing cost of locomotive service, and cost per mile run :

COST OF LOCOMOTIVE SERVICE.

COST PER MILE Rrx.

1890

1891

1890

1891

Repairs and Renewals

1,026,247 34
1,306,814 83
79,345 33
1,348,830 79
204,392 30

923,628 58
1,426,581 07
79,322 40
1,424,108 48
224,492 81

Cents.
5.41
6.89
.42
7.12
1.08

Cents.

4.60
7.11
.39
7.10
1.12

Fuel ..

Stores

Enginmen and Firemen's Wage*
Repairin0' and Cleaning

Total

3,965,630 59

4,078,133 34

20.92

90.82

Statement showing comparative cost of maintenance of way, 1885-1891 :

YEARS.

Miles of
Single Main
Track.

Tonnage.

Cost of
Maintenance.

Cost per Mile.

Cost
per Ton.

1885...

1,490

10,253,489

1,732,063 00

1,162 46

Cents.
16.9

1886

1,500

12,806.'.) IS

2 409 751 00

1,60»! 50

18 8

1887 ..

1,531

13,949,260

2,516,855 00

1,643 92

18

1888

1,546

15,174,009

2 032 036 00

' 1 314 38

13 4

1889

1.546

15,084,132

2,081,495 00

1,346 38

13.8

1890

1,551

16,307,126

2 266 535 00

1 461 34

13.9

1891 . .

1,6-73

17,851,503

2.393,409 91

1,474 68

13.4

POOR'S MANUAL — NEW YORK, LAKE ERIE AND WESTERN SYSTEM. 425

Annual meeting, last Tuesday in November, at company's office. Books close for annual
meeting thirty days previously ; for dividends 30 days previous to payment of same. Books
reopen day after annual meeting and day after dividend payments. Voting power attaches
to all bonds secured by mortgage if regis'eivd 30 days before ^lection. Farmers' Loan and
Trust Co., registrar of stock and trustee of all bonds issued by present company and of 1st
consol. and funded coupons of Erie Ry. Co. Stock listed on Stock Exchanges in New York
and London. All issues of bonds listed ou New York Exchange. Bonds li.-ted in London :
1st consol. mtge. ; 1st consol. mtge. funded coupon ; 2d consol. mtge. and income bonds.
Various securities of tliis company are also quoted at Dublin, Edinburgh, Glasgow, Leeds,
Liverpool, and Manchester.

RAILROADS LEASED OR OWNED BY N. Y., L. E. & W. RR. Co.

mile*.

that company for eight months?. Leased for two years from February, 1860. to G. W. Phelps. who continued to
operate the road for the company until January 1/1872, when it was leased to the Erie Ry. Co.: lease assumed by
the X. Y., L. £. & W. RR. Co.; 'rental. $13,600 per annum, being 6 per cent, dividend on stock, and $100 foV
organization. Dividends payable in New York, January and July. Financial Statement. June 30, 1890. — Capital
stock. £225,000 : profit and loss, $537.15— total. $225.537.15. Contra: Cost of road, $224.800.10 : cash on hand,
$737.05 MORTIMER F. REYNOLDS. President. Rochester, X. Y.; G. W. Phelps, Secretary and Treasurer. COR-
PORATE OFFICE, Mount Morris. X. Y*.

BERGEN AND DUNDEE RAILROAD.— Garfield, X. J.. to Passaic. X. J.. 2.45 miles. Operated
by the X. Y.. L. E. & W. RR. Co. as a part of the Bergen County RR., under the latter company's lease to the
Erie. Capital stock (authorized, $40,000), $6,000. Cost of road. $7.655.38. ROBERT F. STOCKTON, I',
Trenton. X. J.; Edward White, Treawrer. Xew York. X. Y.; A. R. Macdonough, Secretary, Xew York. X. Y.

BERGEN COUNTY RAILROAD.— Rutherford, X. J., to Ridgewood, N. J., 9.82 miles. Organized
September 9, 1880 ; road opened October 1, 1881. Leased to the X. Y.. L. E. & W. RR. Co , at an annual rental
of $24,000. Capital stock. $200,000 : 6 per cent, bonds, $2,000,000 authorized— not issued. Cost of road, $562,-
074.35. JOHN KING, President ; A. R. Macdonough, Secretary ; Edward White, Treasurer. CORPORATE OFFICE,
21 Oortlandt Street, Xew York. X. Y.

BUFFALO AND SOUTHWESTERN RAILROAD. -Buffalo, X. Y., to Jamestown. X. Y..
66.36 miles. Organized March 23, 1872, as the Buffalo and Jamestown RR. Co. Opened in 1875. Sold under
foreclosure and reorganized under present title, December 11, 1877. Leased August 1. 1880. to Xew York. Lake
Erie and Western RR. Co. at an annual rental equalling 35 per cent, of gross earnings, after deducting a certain
amount for terminal charges. The company owns 10 locomotive engines and 1T2 freight cars. Rental, year ei d-
ing June 30. 1S91, $149,404.80 : other receipts, $153.27— total, $149.55S.07. Expenses and taxes, $7,392~.73. Xet
income, $142.165.34. Payments : Interest on bonds, $90,000 : dividends (8 per cent, on preferred and 1 per cent,
common stock), $42.465— total. $132,465. Balance, surplus, $9,700.34. Financial Statement. June 30, 1891.—
Capital stock, $943,666.66 ; funded debt, $1,500.000 1st mortgage 6 per cent, gold bonds, dated December 17, 1877,
due July 1, 1908, interest payable January and Jnly, by First Xational Bank. Xew York ; unfunded debt, $55.825 :
profit and loss. $80,001.91— total, $2,579.493.57. Per contra: Construction and equipment. $2,510,012.44: other
assets, $69.481.13— total, $2,579,493.57. Annual meeting, second Tuesday in December. Books close for annual
meeting fifteen days previously : for dividends, five days before payment of same. Stock snd bonds listed on
NVw York Stock Exchange. W. S. BISSEI.L, President: Y. T. Meulton, Treasurer and Secretary. CORPORATE
OFFICE, Buffalo, X. Y. Transfer Office, Xew York, X. Y.

BUFFALO, BRADFORD AND PITTSBURGH RAILROAD.-Carrollton, X. Y.. to Giles-
ville. Pa., 26.17 miles. Total track (steel. 24.82), 42.15 miles. Consolidation. March 22, 1859, of the Buffalo and
Pittsburgh and the Buffalo and Bradford RR. Companies : road opened January 5, 185(3, and leased for 499 years;
rental, $40,600. The only dividends paid by this company were $1 a share, March 26. 1880. and 62 cents a share.
October 9, 1885, both payable in cash from royalties on oil. Capital stock, $2.286,400. 1st mortgage 7 per cent,
bonds, due January 1, 1886, $580,000 : open accounts, $226,606.74— total representing cost of road, $3.093,006.74.
J. Lowber Welsh. President. Philadelphia, Pa.: A. R. Macdonough, Secretary : E. White, Treasurer. Xew York
City. CORPORATE OFFICE, Bradford, Pa. General Office, 21 Cortlandt Street. Xew York.

BUFFALO, NEW YORK AND ERIE RAILROAD.-Painted Post. X. Y. to Buffalo. X. Y.. 140.23

miles. Organized in 1857. Leased. May 1. 1863, for the term of 490 years ; annual rental. $238.100. being interest
on bonds. 7 per cent, on stock, and $5.000 for organization. Payments : Interest, $106.600 : dividends. $66.500 ;
and organization. $5.000. Capital stock. $950,000 ; funded debt, 1st mortgage 7 per cent, bonds, due June L 1916.
") : unpaid dividends. $397.50 : bonds old Corning road, not exchanged. $1.800 : unavailable assets, $149.-
400 ; profit and loss. $-43.488.53-totuI. $3.525.086.03. roi.tra : Cost of road, $3,330,000 : stocks other companies,
$150,600 : cash. $44,486.03. Interest and dividends paid semi-annually. June 1 and December 1, at office of Xew
York. Lake Erie and Western RR. Co. D. X. LUCKWOOD. Awidm*, Buffalo. X. Y.: John Clinton Gray, Stcrt-
tary and Treasurer. CORPORATE OFFICE, 115 Broadway. Xew York City.

CONESUS LAKE RAILWAY.— Conesus L:tke Junction to Lakeville. X. Y., 1.01 miles ; total track
1.88 miles. Rail. 60 and 62 Ibs. Chartered May 10,1882 ; road opened August 3. 1882. Purchased by X. Y., L. E.

ERIE AND BLACK ROCK RAILROAD. -In City of Buffalo. X. Y.. 1.14 miles : total track. 2 H->
miles. Chartered March 22, 1882 : road opened in 1884. Operated'by X. Y.. L. E. & W. RR. Co. Annual meetin°-
second Saturday in October. Capital stock ($25.000 authorized), $%0 : .advances bv X. Y.. L. E. & W. RR Co
536.390.08.— total. $37.350.08. Contra : Cost of road, $36.847.08 : cash. 3503— total. $37.350.08. RUFUS L. HOWARD,
f. Buffalo, X. Y".: A. R. Macdonough, Secretary ; Edward White, Treasurer. Xew York. X. Y. GENERAL
OFFICE. 21 Cortlandt Street, Xew York City.

426 POOR'S MANUAL — NEW YORK, LAKE ERIE AND WESTERN SYSTEM.

ERIE INTERNATIONAL RAILWAY.— Suspension Bridge and Erie Junction RR. to the Inter-
national Bridge, 4.50 miles. Rail (steel, 9 miles), 68 Ibs. Chartered August 21.1S72; road opened, is7:-{. It is
owned and operated by the N. Y., L. E. & W. RR. Co. Capital stock (par, $100). $50,000 ; due lessee $302 717 <)2
—total, representing cost of road, $862,777.98. JOHN KING, President; A. R. Macdonough, Sn-ri-tanj ; E. Wliite,
Treasurer, CORPORATE OFFICE, 21 Cortlandt Street, New York City.

GOSHEN AND DECKERTOWN RAILWAY.-Goshen to Pine Island, N. Y.. 11.64 miles.
Total track (rail, 50 and 56 Ibs.), 14.55 miles. Organized February 22, 1867 ; road opened April 10 1869 Leased
for 50yenrs from January 1, 1»72. Rental, year ending June 30, 1800, $19,385. Payments: Interest, $15,090 ;
expenses and taxes. $147.54 ; dividends (5 per cent.), $4,809.50— total, $20,047.04. Deficit for year $662 U4 • surplus
from last year, $5,037.58 ; net surplus, $4,375.54. Capital stock (par. $10), $96,190 : funded debt. 1st mortgage 7
per cent. 20-year bonds, dated July 1, 1868, interest payable January and July, $186,500 ; 2d do , dated November
i. 1869, interest payable April and November, $60,000 ; profit and loss, $4,375.54- total liabilities, $347,065.54.
Cost of road, $342,690 ; cash, $4,375.54. GEORGE W. MURRAY, President, Goshen, N. Y.; Charles S. Young,
Secretary a/id Treasurer, Goshen, N. Y. GENERAL OFFICE, Goshen, N. Y.

HAWLEY BRANCH.— Lackawaxen to llawley, Pa., 15.61 miles. Sidings, etc., 7 miles. Built by the
Pennsylvania Coal Company, and leased to the Erie June 2, 1862, at a rental of $30,000 per annum.

JEFFERSON RAILROAD.— Lanesboro' to Carbondale, Pa., 36.51 miles, and branch Hawley to
Honesdale, Pa., 8.18 miles— total, 44.69 miles; 2d track, 38.21; sidings, etc., 14.99 miles. Gauge, 4 ft. 8* in.
Chartered February 15, 1864 ; road opened in 1872. Leased in perpetuity January 1, 1869, to the Erie Ry Co •
yearly rental, $140,000. Capital stock, $2,096.050 ; funded debt ($2.800,000 1st mortgage, main line, 5 per cent
40-year $1,000 gold coupon bonds, due January 1, 1909, interest payable January and July ; $204,000 1st mortgage,
Honesdale branch, 4.} per cent, extended bonds, due July 1, 1927, interest payable January and July ; $96,000 2d
mortgage, Honesdale branch, 6 per cent. 20-year extended bonds, due July 1, 1927, interest payable January and
'July), $3,100,000 ; advances by Erie Ry. Co*, $912,632.11 ; advances by N. Y., L. E. & W. RR. Co.. $456 965 31
total, representing cost of road, etc., $6,565.647.42. Annual meeting, second Tuesday in June. Books close 30
days before annual meeting, and the same length of time before dividend payments. Principal and interest of
1st 5s of 1909 guaranteed and payable by the lessee. J. L. WELCH, President, Philadelphia, Pa.: E. B. Thomas,
Vice-President; A. R. Macdonough, Secretary: E. White, Treasurer, New York Citv. CORPORATE OFFKF
Scranton, Pa.

LOCKPQRT AND BUFFALO RAILWAY.— Lockport, N. Y., n» Tonawanda, N. Y., 15. 12 miles :
sidings, 2.94 miles. Rnil (steel), 60 Ibs. Chartered August 30, 1871 ; road opened in September, 1879. Leased
to S. B. & E. J. RR. Co. in perpetuity, and sublet to the N. Y., L. E. & W. RR. Co. from September 15, 1879,
at an annual rental of $21,000. Income Account, year ending June 30, 1891.— Rental. $4,550; other receipts'
$5,453.94— total, $10,003.94. Expenses and taxes, $2,844.90. Net income, $7,159.04. Deduct overdraft to Jos.
A. Ward, late Treasurer, $3.70— net surplus for year, $7,155.34. Financial Statement, June 30. 1891.— Capital
stock (authorized, $200.000), $128,200; funded debt (1st mortgage 7 per cent. 20-year bonds, dated October
1, 1877, $140,000 ; 2d mortgage 7 per cent. 20-year bonds, dated October 1, 1880, $30,000), $170,001) ; unfunded debt
$9,901.50 ; profit and loss, $90,220. 84- total, $898,821.84. Contra : Cost of road, $368,975.07 ; other assets, $29.346 -
77— total, $398,3-21.84. Interest on bonds payable at the Importers1 and Traders1 National B&nk, New York City.
Dividends at Lockport, N. Y. THOMAS T. FLAGLER, President ; W. H. Ransom, Secretary ; John T. Darrison,
Treasurer. CORPORATE OFFICE, Lockport, N. Y.

LONG- DOCK COMPANY.— Chartered in New Jersey February 26, 1856, with power to hold and
improve land, and lauds under water, and to build docks, piers, railroads, and other structures thereon. The ae
of the company consist of 577 acres of land, and land under water, improved with buildings, piers, docks, and rail-
road tracks of a total value, calculated on the assessment for taxation, of $11,291,904. Leased to the New York,
Lake Erie and Western RR. Co. for 50 years from November 16. 1885, at a yearly rental of $480,000. Capital stock',
$8,000,000, all held by the lessee, into whose accounts those of this company are merged. Funded debt, 1st mort-
gage bonds, due June 1, 1893, $3,000,000 ; consolidated mortgage 6 per cent. 50-year $1,000 gold coupon bond-,
due October 1, 1935, interest April and October, $4,300,000. The authorized issue of consolidated mortgage bonds
is $7,500,000, of which $3,000,000 are reserved to retire the first mortgage bonds. They are secured by mortgage
on all the property and assets of the company, including the lease of the Erie, and are redeemable at any time
before maturity at 110. Trustees, Anthony J. Thomas and Charles E.Tracy, New York. Bonds, both issues,
listed on New York Stock Exchange. F. B. JENNINGS, President ; E. White, Treasurer; A. R. Macdonough,
Secretary. OFFICE, 21 Cortlandt Street, New York, N. Y.

MIDDLETOWN AND CRAWFORD RAILROAD.— Crawford Junction to Pine Bush, 10.22—
total track, 10.81 miles. Rail (steel, 8.22m.), 56 to 66 Ibs. From Crawford Junction to Middletown, 3.25 miles,
the tracks of the N. Y., O. & W. RR. are used. Organized August 3, 1868 ; road opened June 7, 1872. Leased
from January 1, 1882, to N. Y., L. E. & W. RR. Co., at an annual rental of $10,500. The lessee owns $80,000
stock and $46,800 bonds of this company, purchased June 24, 1886. Rental, year ending June 30, 1891, $10,500.
Paid interest, $2,970, and dividends (July, 1891) 21 per cent. A dividend of 3 per cent, was paid in February, lS'.i.v>.
(For statement of dividends paid prior to 1888, see MANUAL for 1888.) Interest and dividends payable at 21 Cort-
landt St., New York City. Capital stock, $122,200 ; funded debt. 1st mortgage 4£ per cent. 30-year bonds, <me.
April 1, 1921, interest April and October, $66.000— total stock and bonds, $188,200. The 1st mortgage 7 per cent,
bonds, maturing in 1891, were extended 30 years at 4} per cent. JOHN KING, President, New York, N. Y.;
A. R. Macdonough, Secretary ; E. White, Treasurer. CORPORATE OFFICE, New York, N. Y. Transfer Office,
21 Cortlandt St., New York, N. Y.

MONTGOMERY AND ERIE RAILWAY.— Montgomery to Goshen, 10.43 miles ; total track,
11 97 miles. Chartered January 2, 1886; road opened December 12, 1867. Leased January 1. 1H72, at a yearly
rental of $22,000. Rental reduced to $17,000 in 1886, and to $16,000 per annum after October 1, 1887. Rental year
ending June 30, 1890, $16,000. Payments : Interest on bonds, $8.525 ; taxes, $168.75 ; expenses, $459 ; dividends
(4J- per cent ), $6,750- -total, $15,9'i2.75. Balance, surplus, $97.25. Surplus from last year, $931 .44— total surplus,
$1,028.69. Capital stock. $150,000 ; funded debt (1st mortgage 5 per cent, bonds, due May 1, 1926, $130.000 ; 2d
mortgage 7 per cent 20 year bonds, due October 1, 1897, $40,500), $170,500 ; sinking fund, $6,500 ; income balance,
$1,028.69— total, $328,028.69. Contra: Cost of road and equipment, $327,000 ; cash, $1,028.69— total, $328.02S.6D.
The 1st mortgage bonds were originally 7 per cents., ami became due May 1, 1888, but were extended for 40 years.
The seconds will be extended in like manner at 5 per cent, for 40 years when they become due. Dividends paid
May 1 and November 1, at the National Bank of Orange County, Goshen, New York ; interest on 1st mortgage
bonds is payable May and November, at the National Bank of Orange County, Goshen, N. Y.; interest on the
seconds is payable April and October, at the Goshen National Bank, Goshen, N. Y. J. M. WII.KIN, President,
Montgomery, N. Y.; Walter J. Mead, Secretary, Middletown, N. Y.; C.J.Everett, Treasurer, Goshen, N. Y.
GENERAL OFFICE, Montgomery, N. Y.

NEWARK AND HUDSON RAILROAD. -Bergen Junction to Newark, N. J., 5.62 miles. Char
ered March 17 1870 ; road opened in 1871. Leased at an annual rental of $30,000, being dividends on $250,000 of

POOR'S MANUAL — NEW YORK, LAKE ERIE AND WESTERN SYSTEM. 427

stock. 6 per cent., $1-5.000; interest on $250,000 1st mortice (i per cent. londs, $15.000. Cost of road, etc.,
Ml stock and bonds owned by New York, Lake Krie and Western KR. Co. COUTLA.NDT PARKER,
- u-.-irk, N. .1.: Edward White. '/'/w/x<//> /• : A. R. Macdonough. Sr,-rttnri/. New York, N. Y. CORPOR-
ATK OFFICE. ','1 Cortlumlt Street. New York, N. Y.

NEWBURGH AND NEW YORK RAILROAD.- Arden Junction to Vail's Gate Junction, N. Y.,

12. til miles. Organi/.cd in 1S63 ; opened in l^t'.ti. Leased October 5. 1866. at an annual rental of $17,500, being the
interest on $850,000 i' per cent. 1st mortgage bonds. Cost of road, $250,000. Now merged in N. Y., L. E. & W.

NEW YORK, LAKE ERIE AND WESTERN COAL AND RAILROAD CO.-J/eri/i Line :
Crawford Junction. Pa., to Johnslmnrh, Pa., 29.92 mile*. Jiranrltea .- Alton to Riderville, Pa., 1.13 : Brockwayville
to Da-Mis Mines. 12 ; Brockport Branch. 3.75 : West Branch, 10.84— total, 27.72 miles. Total length of main line
and branches, Sepiemb.-r 30. 1891. 57.f>4. Siding. •„>.;..-,<) miles. Gauge, 4 ft. 84 in. Rail (steel, — miles), 60
and 63 Ibs. Chartered January 28, 1881 ; road opened in 1 *•.•„>. Substantially owned by the N. Y..L.E. & W.
. which advanced toward its construction to September 30. 1S91, $1. 39s. 275.17. In August, 1890, that com-
pany agreed to guarantee the principal and interest of this company's bonds, amounting to $3,000,000. and at the
same time leased the road till July 1, 1925, at an annual rental equal to the interest on the bonds. Financial
nt, June 30. 1890.— Capital stock (par, §100), $500,000 : funded debt, 1st mortgage 0 per cent. 40- year bonds,
due Mav 1, 1922, interest May and November. $3 (>i>0.000 : accrued interest on bonds^ §30.000 ; accrued interest on
^ : real e'state mortgages, $86,632.65— total, §3.619, 021. 63. Contra : Cost of road, etc., $2,056,-
3<il -q • Brockport and Shawmut RR.. §21.195 26 : real estate, etc., $51 1.390.31 ; Hazeltine Branch. $2.016.43:
Robert's Lot Spur, 86,239.04 ; N.Y'., L. E. & W. RR Co.. iK84.5H4.32 : Northwestern Mining and Excln.nge Co.,
S198.177.85; profit and loss, $139, 136.61— total. $3.619.021.63. The bonds are secured on the entire property of
the company, including 13,993.7 acres of land, and mining rights in 7,879.45 acres additional. Bonds numbered
1 to 1.900 are held by the United States Trust Co. of New York, under the collateral trust mortgage of the New-
York. Lake Erie and Western RR. Co. ; Nos. 1.901 t<> 3,000 are outstanding, and listed on the New York Stock
Exchange. The bonds are for $1-000 each, in coupon form, with provision for registration. Trustees, Metro-
politan Trust Co.. New Y'ork, and J. Lowber Welsh, Philadelphia. Annual meeting, second Monday in June,
at Bradford. Pa. J. K. P. HALL, President. St. Mary's, Pa.; Edward White. Treasurer : A. R. Macdoiiongh, Sec-
retary. New Y'ork, N. Y. PRINCIPAL OFFICE, Scranton, Pa. Transfer Office, 21 Cortlandt St., New Y'ork. N. Y'.

NORTHERN RAILROAD OF NEW JERSEY. -Bergen, N. J., to Sparkill, N. Y.. 21.28 miles.
Sidings, etc.. 4.3T miles. Chartered February 9, 1854 : road opened October 1, 1859. Operated under a con-
tract >i nee 1869 by the N. Y\, L. E. & W. RR. "Co., which pays as rental 35 per cent, of gross earnings. This
companv leases the Nyack and Northern RR. Earnings for year ending June 30. 1891, $123,846.63. Expense.-,
$85*215.73. Net earnings, $88.630.90 ; other receipts, §33(J— total revenue. $88,960.90. Payments : Interest on
bonds. $35,640 : rental (Nyack and Northern RR.), $9.525; taxes. $6.290.26 ; dividends (4 per cent.), $40.000-
total. $91,455.26. Balance, deficit. $2.494.36. Surplus forward. $27.088.99 -net. surplus. $24.594.63. Capital
stock. $1,000,000 : funded debt, 1st mortgage 6 per cent. 30-year bonds, dated July 1. 1887, interest payable Janu-
ary and July (authorized, $700,000), $625,000 : open accounts, $238.601.57 ; profit "and loss. $4.594.63 — total, $1,-
568,196.20. Contra: Cost of road and equipment, $1,638,046.47; open accounts, $207, 834. 82 : due by agents,
$5,771.56 : cash on hand, $16,543.15— total, §1.868,196.20. JOHN HULL BROWNING. Pretidtft ; Orville'A. Roor-
bach, Secretary and Treasurer. CORPORATE OFFICE, Tenafly. N. J.

NYACK AND NORTHERN RAILROAD.-Sparkill to Nyack. N. Y., 4.38 : total track, 5.01 miles.
Chartered November 25, 1868 : road opened in May, 1870. Leased to the Northern RR. Co. of New Jersey and
operated in connection with that company's line by the N. Y.. L. E. & W. RR. Co. Rental, bond interest. $11 .-
275. Capital stock. $7^.250 ; funded debt (1st mortgage 7 per cent. 20-year bonds, dne 1890, $157.500 ; 2d mortgage
7 percent. 20-year bonds, due 1895, $7.500). §157.500: sundry accounts," §13,836.68— total, representing eost of road,
$249,586.36. Interest on bonds issued payable January and July. E. H. SISSON. President; O. A. Roorbach,
Secretary and Treaty rtr. CORPORATE OFFICE, Tenafly. X. J.

PATERSON AND HUDSON RIVER RAILROAD.— Jersey City to Paterson, N. J., 14.97 miles.
Chartered January 31, 1831 : opened in 1834. It is leased in perpetuity, from September 9, 1852. at an annual
rental of §48.400. Capital stock, representing the original cost of road. §630,000. J. S. ROGERS, President. New
Y'ork. N. Y". ; Robert S. Hughes, Treasurer. CORPORATE OFFICE, Paterson, N. J. •

PATERSON AND RAMAPO RAILROAD.— Paterson, N J.. to N. Y. State Line, 15.02 miles.
Chartered March 10, 1841 : completed in 1848. Leased September 9, 1852 ; rental, $26,500. Dividends, 8 per cent.
Capital stock, $298.000. Cost of road. $350.000. J. S. ROGERS. President. New York City ; John Hopper, Treas-
urer. Paterson N. J. CORPORATE OFFICE. Paterson, N..J.

PATERSON, NEWARK AND NEW YORK RAILROAD. -Paterson to Newark, N. J., 11 .33
miles. Chartered April 7, 1864. Opened in 1868. and leased at a rental of 35 per cent, of the gross earnings, but
not less than $35,000. For the year ending September 30, 1887, 35 percent, of gross earnings amounted to ?5< 1.244.
Capital stock. $250,000 ; funded debt, 7 per cent. 1st mortgage bonds, §500.000. Original cost of road, §430,096.73.
CORTLANDT PARKER, President. Newark. N. J.; A. R. Macaonough. Serrrtary ; Edward White. Treasurer. New
Y'ork. N. Y'. GENERAL OFFICE, 21 Cortlandt Street. New Y'ork. N. Y'.

ROCHESTER AND GENESEE VALLEY RAILROAD. -Rochester to Avon. N. Y.. 18.40
miles. Organized July 2, 1854 ; road opened August 10, 1854, Leased July 1. 1871 : rental, §34,012, being 6 per
cent, on stock and §700 for organization expenses. Rental, 1889-90, $34,012. Expenses. §700. Net income.
Paid dividends, January and July, 3 per cent, each, §33.312. Capital stock, §555,200 ; nominal surplus,
$116.103.13— total, representing cost of road, $671,303.13. JAMES BRACKETT, Pre*idtnt : James P. Perkins, Sec
and Tr-,af>n-er. CORPORATE OFFICE, 13 Elwood Building, Rochester. N. Y*.

SUSPENSION BRIDGE AND ERIE JUNCTION RAILROAD.— East Buffalo Junction to
Suspension Bridge, N. Y"., 24.01 miles. Sidings, etc., 20.27 miles. Rail (steel. 1505 miles), 56, 60. and 63 Ibs
Organized October 16, 1868 ; opened January 1. 1871, and leased to the Erie Ry. Co.; rental 30 per cent, of gross
earnings, and a minimum of §70.000. Capital stock (authorized. $1,000,000), §500,000 : funded debt, let mortgage
" per cent. 30-year bonds, due 1900. §1,000.000— total. $1,500,000. Cost of road, $818.849.60. JOHN KING. President ;
L. White, Treasurer ; A. R. Macdonough, Secretary. CORPORATE OFFICE, New Y'ork City.

UNION RAILROAD.— State Line to Suffern, N. Y., 0.79 mile. Chartered January 20, 1851. Rental,
$3,500, being 7 per cent, on its stock and cost of §50,000. Leased in perpetuity September 9. 1852. J. S. ROGERS,
"t, 44 Exchange Place, New York City ; John Hopper, Secretary. CORPORATE OFFICE, Paterson, N. J.

New York, Pennsylvania and Ohio Railroad Division.

NEW YORK, PENNSYLVANIA AND OHIO RAILROAD.-J/^« TAneofRoad: Salamanca,

s \.. to Dayton, O., 388.04 miles. Branches: Franklin Branch. Buchanan Junction. Pa., to Oil Citv Pa 33 78-

•eek Branch -Silver Creek Junction, O., to Coal Mines. O. (including both North and Soutli branches)

428

POOR S MANUAL — NEW YORK, LAKE ERIE AND WESTERN SYSTEM.

5.63— total length of lines owned, 427.45 miles. This company also leases the Cleveland and Mahoning Valley
Ry.. 123.94 miles (with 2d track of 55.78 miles); Westerman RR., 2.09 miles ; Sharon Ry., 16.31 miles; New
Castle and Shenango Valley RR., 16.73 miles; the Youngstown and Austintown RK., 9.1)8 miles— total leased,
169.05 miles. Total of all lines operated, 596.50 miles. Sidings (owned, 170.33 ; leased, 118.64), 288.97 miles. The
Atlantic and Great Western RR. Co. was organized November 10, 18H, as successor of the A. &. G. W. Ry. Co.,
which was organized August 19, 1865, by the consolidation of various companies in New York, Pennsylvania, and
Ohio. The road was opened for through traffic in 1865. The property went into the hands of receivers April ],
1867 ; was transferred by lense to the Erie Ry. Co. Decembers. 1868; again placed in receivers1 hands April 9.
1869 ; re-leased to the Erie Ry. Co. January 1, 1870 ; sold July 1, 1871, and again leased to the Erie Ry. Co. May
1. 1874. The last lease had been in operation only a few months when the road was again placed under a receiv-
ership, December 9, 1874. The entire property was sold under foreclosure of the consolidated mortgage of the
A. & G. W. RR. Co. January 6, 1880, and bought by reorganization trustees, by whom it was conveyed to the cor-
porators of the New York, Pennsylvania and Ohio RR. Co. March 5, 1880. Under the terms of sale and reorgani-
zation, provision was made for the issue of $8,000,000 prior lien bonds, §35.000,000 1st mortgage. $14,500,000 2d
mortgage, and $30,000,000 3d mortgage bonds: 200.000 shares ($50 each) of preferred stock, and 700,000 shares
($50 each) of common stock. It was also provided that the capital stock should be held in trust, to be voted upon
by five voting trustees, three to be named by the 1st mortgage bondholders, one by the 2d, and the other by the
leased lines bondholders of 1872. The road was operated by the receiver of the A. & G. W. RRs. from date of
sale to the organization of the new company, March 24, 1880. The gauge on the entire road, originally 6 feet, was
changed to 4 ft. 84 in., June 22, 1880. On the 1st of May, 1883, the road was leased to the New York, Lake Erie
and Western RR. Co., and has been operated by that company since that date. The lease was amended on Octo-
ber 1, 1889, making the rental 32 per cent, of gross earnings up to $6,000,000, with a reduction in rental of one-
tenth of one per cent, on the whole gross earnings for every increase of $100,000 over that amount and up to
$8,000,000. When the gross earnings reach $9,000,000 the rental is to be 28 per cent., and to so remain so long as
earnings exceed $9,000,000.

Income Account for year ending September 30, 1891.

Expenses, Taxes, Rents, etc $128.965 13

Hire of Refrigerator Cars 19,165 35

Hire of Locomotives, etc 12,225 56

Hire of Equipment under Car Trust 22,270 00

N. Y., P. & O. RR. Co. Equipment Trust

of 1890 102,199 191

London Equipment Trust of 1888 07,336 31

Rentals of Leased Lines 566,850 84

Settlement of Business prior to May 1, 18.^8 2.253 63"

Interest on Prior Lien Bonds 480.000 00

Special Funds 162,942 62"

Dividends on 1st Mtge. Coup. Nos. 22 & 23 690,635 98

Balance, Surplus, Sept. 30. 1891 110,477 79

Total $2,395,322 40 Total $2,395,322 40

u Rentals of Leased Lines " in above income account consists of Cleveland and Mahoning Valley Ry. Linesr
S514.180 ; Sharon Ry., $32,549.75 ; Westerman RR., $4,200 ; New Castle and Shenango Valley RR., $15,921.09—
total, $566,850.84.

General Balance Sheet, September 30, 1891.

Surplus, September 30, 1890

Rental for 1891 (30 A p.c. of Gross Earnings)

Dividends on Sharon Ry. Stock

Interest on Chicago and Erie RR. Bonds . .

Rent of Equipm'ton Ore Docks, Cleve'd, O.

Interest on N. Y., P. & O. RR. Co.- Equip-
ment Trust, 1890

Interest and Exchange

Amount taken from Special Fund for Con-
tingent Liabilities

$123,697 20

2,198,616 78

1,888 50

1,160 00

22.305 12

4,784 31
4,355 17

38,515 32

Cost of Property Purchased $158,015,289 87

New Construction . .

Additions

Sundry Additions and Betterments

Due by Individuals and Companies

Due by Lessee

Chic. & Atlantic Ry. Co. Advance Acct. .

Cash on Hand

Sharon Ry. Stock

Bills Receivable

Dep. to Meet Int. on Bonds— Contra

Hazleton Ry. — Advance Account

Charles E. Whitehead — Trustee Canal

Lands

First Mortgage Bonds, Chicago and Erie

RR. Co. .

627,437 51
984.888 44
148,128 42
19,667 50
290,030 01

8,260 24

221,296 86

36,105 00

1,200 00
312,278 36

1,000 00

60,979 03
58,000 00

Capital Stock— Common $34,999,350

Capital Stock— Preferred.... 10,000,000-

Funded Debt

Deferred Warrants

Special Fund for Additions

Special Funds for Sundry Purposes

Current Accounts

Interest on Prior Lien Bonds

Interest on First Mortgage Bonds

Int. on Bonds, F'ds Deposited — Contra.
Profit and Loss —

-$14.999,350 00

9(>,825.0CO 00

10,764,608 25

984.888 44

337,801 10

22,349 72

40,000 00

387,807 58

312,278 36

110,477 79.

Total Assets

.$160,784,561 24

Total Liabilities $160,784,561 24

Funded Debt. — 1. Prior lien 6 per cent, bonds, dated May 5, 1880, interest payable March and September,
principal due March 1, 1895, secured by first mortgage on all property and franchises of the company. £s,0(X),<io<i.

2. 1st mortgage 7 per cent, bonds, dated May 6. 1880, interest payable January and July, principal due July
1, 1905, interest payable only out of net earnings, and, in case of deficiency, deferred interest warrants to be issued
for the amount of deficiency, such warrants to be capitalized in bonds, in sums of $1,000 each, but not to hear
interest until so capitalized, $44,318,000.

3. 2d mortgages percent. 30-year bonds, due May 1, 1910, interest payable semi-annually if earned, after
payment of prior Charges, $14,500.000.

4. 3d mortgage 5 per cent. 35-year bonds, due May 1, 1915, interest payable semi-annually if earned, after
payment, of prior charges, $30,000,000.

In the process of reorganization, a new lease was made of the Cleveland and Mahoning Valley Ry., by which
that road, with the Liberty and Vienna and Xiles and New Lisbon Rys., were leased for 82 years and 3 month*
from July 1, 1880, at an annual rental of $357,180, until January 1, 1885, and $412,180 per annum until December
1, 1889, when it was increased to $514,180, the increase being 6 per cent, upon the cost of second track between
Cleveland and Yonngstown, O. Rental is payable in monthly instalments in advance.

The substantial control of the company is vested in bondholders, the stock being held in trust by the voting
trustees. The voting trustees of the N. Y., P. & O. RR. Co. are Sir George Balfour, Rev. John L. Bate.-
Charles Tennant, elected by 1st mortgage bondholders; Henry Cecil Raikes by 2d mortgage bondholders; and Sir
Charles E. Lewis, Leased Lines bondholders of 1872.

Annual meeting, second Wednesday in October. Prior lien bonds listed on Stock Exchange in New York ;
1st, 2d. and 3d mortgages and deferred warrants listed in London.

Directors.— Charles E. Whitehead, New York, N. Y.; E. R. Perkins. Samuel Mather. John Tod, W. J.
McKinnie, Fayette Brown, J. T. Wann, Cleveland, O.; J. M. Ferris, Toledo, O.; Henry B. Perkins. Warren. < > ,

POOR'S MANUAL — NEW YORK, LAKE ERIE AND WESTERN SYSTEM. 429

E J Barney, Dayton, O.; Simon Perkins, E. A. Wheeler, Sharon, Pa.; Lewis Miller, Akron, O. CHARLES E.
WHITEHEAD, President, New York. N. Y.; John Tod, Vice-President. Cleveland, O.; E. R. Perkins, Treasurer,
eland, O.; E. Tupper, Sn-rrtanj ; J. T. Wann, A uditor, Cleveland, O. PRINCIPAL OFFICE AND ADDRESS,
ind, O.

CLEVELAND AND MAHONINQ VALLEY RAILWAY. -Cleveland, O., to Penn. State
Line, including line from Youngstown, O., to Hazel ton, O., 80.86 miles ; Niles, O., to 3 miles south of New Lis-
bon, 36.27 miles ; Moosier, O., to coal mines below Vienna, O., 6.81— total, 123.94 miles. Consolidation July 25,

• >f the Cleveland and Mahoning, Liberty and Vienna, and Nile and New Lisbon Railroad Companies. Leased
*o New York, Pennsylvania and Ohio RR. Co. for 82 years and 3 months from July 1, 1880, at an annual rental of

ISO until January 1, 1885, and $412,180 till December 1, 1889. when it was increased to $514,180 (see lessee's

nient preceding); rental payable in instalments, monthly, in advance. Rental, year ending June 30, 1890,
«ther receipts. $37,370.22— total income, $590,050.22. Payments: Expenses, $4.917.60; rentals and

-. $l,3S4.1-2 ; interest on bonds, $154,760.50 ; other charges, $19,562.63 ; dividends (11J per cent.), $324,135.50
—total. $504,760.35. Balance, surplus, $4,289.87. The rental is sufficient to pay interest on the funded debt, and
11 per cent, dividends on stock. The Westerman and Sharon Railroads continue the line into Pennsylvania, 9.85
•miles.

Financial Statement, June 30, 18W.— Capital stock (including $591.43 scrip), $2,759.791.43 ; funded debt,

7.600; current liabilities, $199,684.91 : income balance, $190,437.80— total, $6.617.514.14. Contra: Cost of
ro.id and equipment. $6,228,886.12 ; lands and suspense account, $22,654.34 : cash, $40.373.68 : sinking fund, etc.,

•oX)— total, $6.617.514.14. Funded debt consists of $654.000 let mortgage (extended) 7 per cent. $500, etc.,
bonds, due August 1, 1893, interest February and August : S487.900 3d mortgage (now second) 7 per cent. $500,

iionds, due September 15, 1896, interest payable March and September ; $1,500,000 consolidated 5 per cent.
$1.000, etc., coupon and registered bonds, due January 1, 1938, interest payable quarterly, January, April, July,
and October. Interest on the several issues of bonds is pa}-able at office of Winslow, Lanier & Co., New Y'ork,
N. Y. The new consolidated bonds of 1888 (trustee of mortgage, Central Trust Co., New York, N. Y'.) were for
double tracking between Cleveland and Y'oungstown, for terminals, and $1,141,000 reserved to retire prior bonds
in 1893 and 1895. Dividends are paid December, March, June, and September, at Cleveland, O. This company
paid its first dividend, 12 per cent., on December 1, 1872. During the next four calendar years it paid at irregular
intervals the following dividends : 1873, 12^ per cent.; 1874, 10| per cent.; 1875, 10 per cent,: 1876, 6£ per cent.
Running in 1877 the dividends were paid semi-annually in June and December of each year to 1884. In 1885 the
dividends were paid quarterly — March, June, September, etc. Following are the dividends paid in each year
from 1877 to September. 1885 : 1877, 6} per cent.; 1878, 7 per cent.; 1879, 7 per cent.; 1880, 8i per cent.; 1881, 11 J
percent.: 1882, 11± per cent.; 1883, 10* per cent,; 1884, June, 5| per cent,, and July, 5| per" cent.; 1885, March,
2; per cent.; June, 3f per cent., and September, 2} per cent.; 1887. September, 2J per cent., and December, 8$ per
cent.: 1SS8. March, 2?- per cent., and June, 3£ per cent.; 1889, March, 2} per cent., and July, 3| per cent.; 1890,
11} per cent. Total to date, 162* per cent. STEVENSON BCRKE, President ; E. R. Perkins, Treasurer; E. E.
Poppleton, Secretary. CORPORATE OFFICE, Cleveland, O. Transfer Office, New York, N. Y'.

NEW CASTLE AND SHENANGO VALLEY RAILROAD. -West Middlesex, Pa., to New
Castle. Pa.. 16.73 miles. Sidings. 2.57 miles. Gauge, 4 ft. 8i in. Kail (steel), 63 Ibs. Chartered May 3, 1887.
Road opened in 1889, and leased to the New York, Pennsylvania and Ohio RR. Co., lease to endure till April 30,

at an annual rental of 32 per cent, of its gross earnings, less rental of equipment : guaranteed to equal bond
interest.

Financial Statement, June 3>, 1»91.— Capital stock (par, $50), $292,250; funded debt (1st mortgage 6 per
cent. 40-year $1.000 coupon bonds, dated July 1, 1887, interest payable January and July), $250.000— total. $542,-
250. Contra: Cost of road, etc., $540,893.40 ; cash on hand. $1,320.75 ; expense account, $35.85— total. $542,2.r>0.
These bonds are secured by 1st mortgage upon the entire line, and interest is guaranteed by the New York.
Pennsylvania and Ohio, and the New Y'ork, Lake Erie and Western RR. Cos.

Annual meeting, second Monday in May. Voting power attaches to stock after sixty days' ownership.
Trustee of bonds, Fanners' Loan and Trust Co., New York, N. Y'., at whose office interest is payable. G. W.
JOHNSOX, Prudent; Charles S. Wallace, Secretary and Treasurer, New Castle, Pa. GENERAL OFFICE, New
Castle, Pa, Transfer Office— for stock, New Castle, Pa.; for bonds. Farmers' Loan and Trust Co., New Y'ork,
N. Y.

SHARON RAILWAY.— Sharon, Pa., to Pymatuning, Pa.. 7.93 ; Middlesex Extension, Ferrona to
Middlesex. 6.86 : S/ctr/i-fr/lff Extension. Boyce. Pa., to Sharpsville, Pa., 1.56— total, 16.35 miles. Sidings,
9.84 miles. Gauge. 4 frjSi in. Jlail (steel, 16.14 miles), 60 Ibs. Chartered July 16, 1873 ; road opened in August,

an stock,
Interest,

F , , -_., - per cent, each), $26.523.75— total. $33,903 75. Sur-
plus, $110.18. Financial Statement, June 30, 1891.— Capital stock (par, $50), $453.350 : 1st mortgage 4$ per cent.
30-year bonds, due June 1, 1919. interest payable June and December (authorized. $167.000), $164,000— total, rep
resenting cost of road and equipment, $617,~350. Interest payable in New Y'ork City. This company has paid 34
semi-annual dividends, each of 3| per cent, and 16 semi-annual dividends of 3 per cent. each. EARL A. WHEELER,
'•trnf. Sharon, Pa.; John H. Dynes, Secretary, Cleveland, O.; Charles Hall, Treasurer, Sharon, Pa. COR-
PORATE OFFICK, Sharon, Pa.

~linai :ies, y.y» r IBS. oiamgs, u.»y mile, nan, t>u IDS. .Bum in MOT ana l»72 to haul coal trom

nines for transportation over other roads. The road was operated by the Y'oungstown and Austintown RR. Co.,

il May 1, 1&83, when it was leased to the N. Y'.. P. & O. RR. Co for 99 years, and forms a part of that system.

1 stock, $10,500. CHARLES E. WHITEHEAD, President, New Y'ork, N. Y'. CORPORATE OFFICE. Cleveland, O.

Board of Directors 29. Y., L. E. & W. RR. Co., elected November 2, 1891.

John King New York, N. Y. ! William Libbey. . .New York, N. Y'. William L. Strong. New York, N Y'

J. G. Mct'nllough. " " Wm. A. Wheelock. " " M. F. Reynolds ...

d. Lowber Welsh.. Philadelphia, Pa. I Wm. Whitewrio-ht " " ' Morris K Jesup "

Cortlandt Parker Newark, N. J. Geo. W. Quintard. " •' I James J. Goodman

Henry H. Cook.. .New York, N. Y'. 1 Ogden Mills. " " | Wm. N. Gilchrist
E. B. Thomas New York, N. Y'. | Josiah Belden New York, N. Y.

JOHN KING, President ' New York, N. Y.

J*f Vu*-Prt*ident—E. B. Thomas . . . New York. N. Y. j Secretary— A. R. Macdonough New Y'ork, N. Y.

WVi<'f- President— George H.Vaillant " " \Treasurer— Edward White

'C(-Pr(*iii?nt— Andrew Donaldson " '• ] Attorney— James A. Buchanan " "

PRINCIPAL OFFICE AND ADDRESS (P. 0. Box 839), 21 Cortlandt, St., New York City.

430 POORS MANUAL OF RAILROADS.

NEW YORK, NEW HAVEN AND HARTFORD RAILROAD COMPANY.

Main Line of Road.— Woodlawn, N. Y., to Springfield, Mass 123.44 miles.

New Britain Branch : Berlin to New Britain, Ct 3. 18

Middletown Branch : Berlin to Middletown, Ct 9 . 70

Suffield Branch : Windsor Locks to Suffiield, Ct 4.32

Belle Dock Branch : Belle Dock to Shore Line Junction, New Haven. . . 1.00

Freight Branch : Hartford 0.84

New Canaan Branch : Stamford to New Canaan, Ct 7.66 — 26.70 miles.

Length of leased lines (see detailed statement on page 432) 358.94 miles.

Lines operated under trackage arrangements (see below) 17.81 miles.

Total length of all lines operated June 30, 1891 525.89 miles

2d. track owned, 123.44 ; leased, 123.43— total, 246.87 miles. Third track owned, 9.25 ; 4th
track, 9.25 miles. Sidings owned, 111.43 ; leased, 45.02 — total, 156.45 miles. Total track
owned and leased. 929.90 miles. Gauge, 4 ft. 8£ in. Rail — iron, 50 to 60 Ibs., and steel (on
lines owned, 345.68 miles), 60 to 73£ Ibs.

History. — Consolidation July 24, 1872, of the New York and New Haven and the Hart-
ford and New Haven RR. Companies. By an agreement dated March 17, 1848, the New York
and New Haven RK. uses the New York and Harlem RR. from Woodlawn to the Grand
Central Station in the city of New York, 12.03 miles. The rental is paid directly from earn-
ings as they accrue, and does not appear in the operating accounts. The company also uses
4.67 miles of the tracks of the Fitchburg RR., from Con way Junction to Shelburne Falls,
Mass., and 1.11 miles of the New York and New England, from Junction to Station, in Wil-
limantic, Ct. For terms under which the leased lines are operated see statements for the
several companies. (See MANUAL for 1890.) The Stamford and New Canaan RR. was
merged into the N. Y., N. H., and H. RR. on October 1, 1890. Since the close of the fiscal
year the company has taken a lease of the New York, Providence and Boston RR.

Rolling Stock, June 30, 1891. Locomotive engines, 224. Cars — passenger coaches and
smokers, 431 ; combination, 52 ; drawing-room, 36 ; sleeping, 10 ; observation, 1 ; pay, 2 ; bag-
gage, mail, and express, 112 ; fish, 7 ; freight (box, 1,923 ; flat, 689 ; stock, 4; coal, 1,234;
milk, 18 ; dump, 406 ; caboose, 79), 4,353 ; derrick, 11 ; other, 34— total cars, 5,049.

Floating1 Stock. — Steamer, 1 ; steam tugs, 9; car float s (8-cnr, 1; 10-car, 17; 16-car, 6), 24.

In addition to the above this company owns -,% of 22 drawing-room and 10 sleeping cars
in the Wagner Shore Line, and .^v of 11 baggage, 2 smoking, 2 postal, and 19 passenger cars
in the B. & N. Y. Shore Line Express Line.

Operations for year ending June 30, 1891. — See statement below.

Earnings.-Passenger 85,780,305 56

Freight, 4,673,630 36

Mail 245,189 51

Express 328,10551

Miscellaneous 296,386 21

Total ($22,287. 08 per mile) $11,323,617 15

Expenses.— Transportation $4,291,653 88

Equipment 1,334,384 56

Maintenance Way & Buildings 1,611,254 68

General 691,606 54

Taxes... (il 6.92-3 87

Total ($16,819.84 per mile) $8,545. S04 53

Net earnings (24.53 per cent.), $2,777,792.62. Add rents received, $114.004.15 ; interest
and dividends, $74.360.27— total available revenue, $2,966,157.04. Payments: Interest on
bonds, $80,000 ; rentals leased lines (New Haven and Northampton RR., $328,322.50 ; N7au-
gatuck RR., $206,000 ; Harlem River and Portchester RR.. $170,000 ; Boston and New York
Air-Line RR., $146,690; Shore Line Ry., $100,000 ; Hartford and Connecticut Valley KK ,
$32,048 ; Stamford and New Canaan UK., $1,000), $984,060.50; dividends (10 per cent.),,
$1,865,000— total, $2,929,060.50. Balance surplus for year, $37,096.54.

Annual meeting, third Wednesday in October. Books close for annual meeting from
ten to twenty days previously, and for dividends from twenty to. twenty-five days before
their payment, reopening the third day after dividend payment. Dividends are paid quar-
terly on the first days of January, April, July, and October, 2£ per cent, each, at Chemical
Nat. Bank, New York, and company's office, New Haven. Total number of dividendsjpald
to date, 41. The State Treasurer of Connecticut is trustee of bonds, and the Farmers' Loan

POOIi'S MANUAL — NEW YORK, NEW HAVEN AND HARTFORD RR. CO. 431

and Trust Co. of New York, registrar of the stock. Stock and bonds listed on the New York
Stock Exchange.

Statement of operations, capital account, etc., for eight years :

1884

Sept. 30.

1885

Sept. 30.

1886

Sept. 30.

1887
Sept. 30.

1888

Sept. 30.

1889

Sept. 30.

1890

9 Mos. to
June 30.

1891

June 30.

508.08
3,870,423
2,409,602

MileB of Railroad Operated.
Passenger Train Miles
Freight Train Miles

Total Train Mileage....
Passengers Carried
Passenger Miles

265.37
2,36o,746
1.461,988

265.36
, 2,526,616
j 4,314.437

265.36
2,576,385
1,388,161

265.36

2.716.565
1,400,375

508.08
3,500,258
1,860,475

508.08
3,681,561
2,145,377

508.08
2,757,250
1,727,293

4,652,869
7,582,213
206.667,775
2,181,250
125,743,803

3,913,409
2,440,919
513,004

4,803,352
•^,765,575
208,676,877
2,148,463
124,168,149
8
3,945,141
2,423,594
515,803

4,973,243

8,267,310
226,162,644
2,376,195
139,175.052

4,225,698
2,795,241
562,799

5,194,180 6,629,341 7,114,383
9,361,426 11.835.812 12,434,681
249,160,9(10 291', 998 072; 304,558,308
2,602,157 3,169,531 3,276.245
150.045,708226,267632:225,937,906

8 8 *

4,125,883 5.162,263 5,480,642
2,928.001, 4,032,612 4,109,067
670,508 571,680 604,118

5,484,052
9,457,344
236,341,012
2,713,931
•191,343,080

3,843,379
3.465,782
582,125

7,805,078
14,030,868
341,370.316
3,802,012
255,243,884

5,780,306
4,673,630
869,681

Freight (tons) Moved
Freight (ton) Miles

Passenger Earnings
Freight Earnings

Exp., Mail, etc., Receipts ..
Gross Earnings

6,872,632! 6,884,5381 7,583,738
4,828,2461 4,623,987; 4,967,9Tb

7,724,392

5.634,206

9.766,555
7.316,782

10,193,827
7,620,411

7,891,286 11.323,617
5;842,424| 8,545,824

Expenses and Taxes
Net Earnings

2,044,086 2,260,551
14,927 11,287

2,651.762

18,208

2,090,186
165.816

2,449,773
203,481

2,573.416
119,526

2,048,862! 2.777,793
127,723 j ! 88,664

Other Receipts

Available Revenue
Lease Rentals

2,059,013
419,790
80,052
1,550,000
9,171

25,987 17
18,194 39
7,702 78
70.26 p. c.
1.96 c.
1.96 c.

140.70
359.88
259.40
121
292
83
2,641

15,500,000
2,000,000
1,000

2,271,838
420,970
80,000
1,550,000
220,868

25,944 14
17,425 33
8,518 81
67. 17 p. c.
1.94c.
1.96 c.

140.70
349.50
260.18
121
295
83
2,271

15.500,000
2,000,000

2,633,970
420,7:30
80,000
1,550,000
583,240

» 28,579 05
18.701 65
9,85740
65.51 p. c.
1.92 c.
2.00 c.

140.70
353.01
261.06
125
300
91
2,768

15,500,000
2,000,000

2,256.002
422,110

80,000
1,550.000
203,892

29,108 01
21,231 51
7,876 50
72. 94 p. c.
1.66 c.
1.95 c.

140.70
355.07
261.06
127
308
91
2,986

$

15,500,000
2,000,000

2,653,254
880,584

80,000
1,550,000
83,719

19,222 47
14,40084
4.S21 (53
74. 92 p. c.
1.76c.
1.78 c.

141.48
-467.55

'"199"
441
107
4.394

15,500,000
2,000,000
1,300,000
665,741
317,490
3,237,452

2,692,942
958,ao9
101,514
1,550,000
83,069

20.063 43
14,998 44
5,06499
74.76 p. c.
1.79 e.
1.82 c.

141.48
382.23
283.42
209
462
106
4,472

17,934,800
2,000,000
800,000
484,134
317,490
3.316,221

2,176.585
724.955
60,000
1,317,500
74,130

15,531 58
11,49902
4^032 56
74.04 p. c.
1.62 c.
1.78 c.

141.48
388.24
283.42
209
470
113
4,378
$
18,600.000
2,000,000
860,000
785,408

2,966,157
984,060
80,000
1,865,000
37,097

22,287 08
16,81984
5,467 24
75. 47 p. c.
1.69 c.
1.79c.

149.14
402.51
345.68
224
529
119
4,398

$

19,576.505
2,000,000
3,140,000
1,093,623

Intere-t
Dividends

Balance, Surplus

Gross Earnings per Mile . . .
Gross Expenses per Mile. . .
Net Earnings per Mile
Expenses to Earnings
Aver. Rate p. Pass. p. Mile.
Aver. Rate p. Ton per Mile.

Miles of Railroad Owned. . .
Miles of Track

Miles of Steel Rail
Locomotive Engines
Passenger Cars.

Bageaue, Mail, etc., Cars. . .
Freight Cars

Capital Stock
Funded Debt...
Bills Payable

Sundry Accounts
Contingent Accounts
Profit and Loss Account

580.8-22
236.989
2 222.318

610,264
236,989
2,443,186

641,688
236,989
3,026,426

837,225

317.490
3,230,318

3,706,527

3,860,484

Total Liabilities
Railroad

20,541,129
13,056.686
2,479,326
2,140,844
659,808
1,184,258
1,020,207

20.790,439
13,056,686
2,479.326
2,160,8351
363,050'
1,184,258
1,546,284

21.405,103
13,056,686
2.479.326
2,435,544
366,170
1,184.258
1,883,119

21,885.033
13,056,686
2,479,326
2,947,102
463.796
1,264,7^8'
1,673,365|

23,020,683
15,522,698
3,061,316
3,339,499
665,866

24,852.645
16,712,941
3,461,573
3,233,229
671,396

25,951,935
17,876.367
3,461,573
3,328,484
627.992

29.670,612
20.632,316
3,879,485
3,238,991
794,190

Rolling Stock

Other Property, etc
Material and Supply
Sinking Fund

Cash and Cash Assets
Total Assets

'431,304! 673,506

657,519

1,125,630

20,541,129

20,790,439

21,405,103 21,885,033

23,020,683 24,852,645

|

25,951,935

29,670,612

General Balance Sheet, June 30, 1891.

Cost of Road 820,632,315 79

Cost of Rolling Stock 3,879,484 69

Stocks and Bonds Owned 2,239,276 88

Real Estate, Docks, etc 999,714 59

Materials and Fuel on Hand 794.190 30

Bills and Accounts Receivable 405,855 70

Cash on Hand 719,77417

Total Assets $29,670,612 12

Common Stock Paid in $18,700,000 00

Advances Account — New Stock. 876,505 00

Funded Debt Outstanding 2,000,000 00

Bills Payable ' 3,140,000 00

Interest Unpaid 6,666 67

Rentals and Dividends Unpaid 192,264 04

Current Accounts 894,69268

Profit and Loss 3,860,483 73

Total Liabilities $29,670,612 12

432 POOR'S MANUAL — NEW YORK, NEW HAVEN AND HARTFORD SYSTEM.

The following statement shows the mileage, stock, bonds, etc., of all lines comprising
the New York, New Haven and Hartford System on June 30, 1891 :

NAME OF ROAD.

Mileage.

Date of
Lease.

Term of
Lease.

Capital
Stock.

Bonded

Debt.

Fixed
Annual
Charge.*

New York, New Haven and Hartford.

M.

149 14

19,576,505

42,250

3,861,180
25,000
1,000,000
2,460,000
260,000
2,000,000
118,200
800,000

10,566.630
30,143,135

2,000,000

3,000,000
500,000
25,000
200,000
3,900,000
260,000
150.0CO
19,000

80,00000

170,000 00
j- 146,67000
100,00000
[- 324,0673?

j- 206,00000
32,056 00

Leased Lines :
Harlem River and Portchester
Boston and New York Air-Line

11.50
51.50)
3.59 }
48.53
126.31 |
10.32 f
56.55*
4.44 f
46.20

Oct. 1, 1873

Oct. i, ms

Nov. 1, 1870
April 1, 1887

April 1, 1887
April 1, 1887

99 years.
99 years. -|
Perpetuity .
99 years, -j

99 years, -j
99 years.

Colchester

Shore Line

New Haven and Northampton

Holyoke and Westfield

Nangatuck .

Watertown and Waterbnry
Hartford and Connecticut Valley

Total Leased Lines

358.94

8,054,000
10,054,000

978,888 00
1,058,88«00

Total Length of all Linen

508 08

* Exclusive of taxes.

The funded debt consists of $2,000,000 ($5,000,000 authorized), 1st mortgage 4 per cent-
20-year registered $1,000 and $5,000 bonds, due June 1, 1903, interest payable semi-annually,
June and December, at Chemical National Bank, N. Y., and company's office, New Haven.
These bonds are a first mortgage on the mam line.

The capital stock was increased 25 per cent, or $4,675,000 on October 1. Is91, which was
issued to stockholders of record June 30, 1891, at par ; dividends not to begin till January 1,
1892. The proceeds were applied in part to the four-tracking of the New York division.
There has been charged during the year to capital accounts the following: For real estate
and right of way, $1,254,173.95; for double track, Shore Line, $510,862.18; for four tracks,
New York Division, $333,569.41 ; for elimination of grade crossings, $313,830. 18; for Har-
lem River passenger station, suburban connection and equipment, $269,416.45; new equip-
ment, $184,770.41: and for miscellaneous, $207,359.99; a total of $3,073,982.57.

At the annual meeting, January 12, 1881, the stockholders accepted an amendment to the
charter, authorized March 23, 1880, allowing the company to acquire and use steamboats and
car-floats, and to acquire and sell shares in any Connecticut corporation owning and operat-
ing boats designed for transportation of cars, provided no expenditure so made should exceed
2 per cent, of the company's stock.

Amounts paid New York and Harlem RR. Co. for tolls, not appearing in the earnings as
above : In 1884, $313,575.47 ; 1885, $319,457.13 ; 1886, $325,863.13 ; 1887, $324,368.60 ; 1888,
$337,084.69 ; 1889, $360,624.14 : 1890 (9 m«>s.), $271,378.80 ; 1891, $391,125.45!

RAILROADS LEASED OR OWNED BY THE N. Y., N. H. & H. RR. Co.

BOSTON AND NEW YORK AIR LINE RAILROAD.— New Haven to Willimantic, Ct.,
51.50 miles. Sidings, etc., 10.06 miles. Rail (steel), 56 and 70 Ibs. Reorganization of a company of the same
name, whose property was sold under foreclosure in 1875, and bonds exchanged for new stock. (See MANUAL for
1884, p. 102.) Leased in October, 1883, to the N. Y., N. H. & H. Co. for 99 years, the annual rental being equal to
4 per cent, dividends (payable semi-annually; April and October) on the preferred stock, interest on bonds, and
taxes. The lessee also assumes payment of interest on $25,000 bonds Colchester RR. Co. General Balance Sheet,
June 30, 1891.— Construction, $4,436,237.83 : equipment, $129,931.94 ; stocks and bonds owned, $35,322.68 ; other
assets, #1,574.51— total assets, $4,603,0(56.96. Capital stock— common, $8(i4,230.88 ; preferred, $2,998,500 ; convert-
ible bonds, $1,500 ; funded debt, $500,000 ; accrued interest not yet payable, $11,291.67 : profit and loss, $227,-
544.41— total, $4,603,066.96. The funded debt consists of $500,000 1st mortgage 5 per cent. 25-year bonds, (hie
August 1, 1905, interest February and August. Prior to date of lease this company paid four semi-annual divi-
dends of one per cent, each, in 1881 and 1882. HENRY B. HAMMOND, President, 2 Wall St., New York, N. Y. ;
Wm. L. Squire, Treasurer, New Haven, Ct. ; Thomas L. Watson, Secretary, Bridgeport, Ct. CORPORATE
OFFICE, New Haven, Ct.

COLCHESTER RAILWAY.— Turnerville to Colchester, 3.59 miles ; sidings. 0.18 mile. Chartered in
1875 ; road opened in 1876, and leased for 99 years to the N. Y., N. H. & H. RR. Co. Capital stock, $25,000 ;
funded debt, 1st mortgage 7 per cent, bonds, interest upon which is guaranteed by the Boston and New York Air-
Line RR. Co., $25,000— total liabilities, $50,000. Contra : Cost of road. $25,000 ; other investments, $25,000.
ERASTUS S. DAY, President ; Giles C. Wickwire, Secretary and Treasurer. CORPOHATK OFFICE, Colchester, Ct.

HARLEM RIVER AND PORTCHESTER RAILROAD. -New Rochelle to Harlem River,
11. 50 miles. Total track (steel), 46 miles. Rail, 60 to 74 Ibs. Chartered April 23, 1866 ; opened November 24,
1873. Leased to New York, New Haven and Hartford RR. Co., September 30, 1873. Rental : Interest on bonds.
Capital stock (authorized, $1,000,000) paid in, $42,250 ; funded debt ($1,000,000 1st mortgage 6 per cent. 30-year

POOR'S MANUAL — NEW YORK, NEW HAVEN AND HARTFORD SYSTEM. 433

bonds dated October 1S73 ; $1.000,000 7 per cent. 80-year bonds, dated October 1, 1873; $1,000,000 2d mortgage 4
per cent 30-year bonds, dated June, 1881), $3,000,000 ; unfunded debt. $24.530.17— total. $3,066,1 8o.l 7. Contra:
Do*t of road and equipment. $3,066,700.17 ; other assets, $80— total, $3,066,780.17. Interest payable at Chemical
National Hank, New \ ork. N. Y., or at the treasurer's office. New Haven, Ct. Lucius TUTTLK. President ; Charles
P. Clark, \'ice-Iti'<*id<?nf ; W. L. Squire, Treasurer ; W. E. Barnett. Secretary. CORPORATE OFFICE, Grand Cen-
tral Depot, New York, N. Y.

HARTFORD AND CONNECTICUT VALLEY RAILROAD.— Hartford, Ct., to Fenwick,
Ct.. 46.20 miles. Sidings, etc., 7.74 miles. Gauge, 4 ft. 8i in. Kail (steel, 45.63 miles), 56. 60, and 62 Ibs. Suc-
cessor, July 1, 1880, to the Connecticut Valley RR. Co. A controlling interest is owned by the lessee. (See
MANUAL for 1890.) Leased to the New York, New Haven, and Hartford RR. CorTor 99 years from April 1. ls77.
at a rental of 4 per cent, on stock. Financial Statement, June 30, 1891.— Capital stock, $800,000 ; certificates of
indebtedness, $800 ; profit and loss. $95.847.07— total. $896,647.07. Contta : Cost of property to present company,
S800000- new construction account, $81,246.30; new equipment account, $15,400.77— total, $896,647.07. The
original cost of the property was $3,364,770.88 ; represented by $1,069,000 stock, $1,000.000 1st mortgage, and $1,-
250.000 2d mortgage bonds. There was also expended $152,530.24 on construction and equipment while the road
was in the hands of trustees, making total cost. $3,517,301.12. The authorized stock of the present company is
$800,000, exchangeable for old first mortgage bonds at 80 per cent, of the face value. Annual meeting, second
Tuesday in December. Voting power attaches to stock immediately after transfer. HENRY C. ROBINSON, Presi-
dent, Hartford, Ct. ; William C. Brainerd, Secretary ; William L. Squire, Treasurer, New Haven, Ct. PRINCIPAL
OFFICE, Hartford, Ct. Transfer Office, New Haven, Ct.

HOLYOKE AND WESTFIELD RAILROAD.— Holyoke to Westfield, 10.32 ; total track, 17.22
miles. Chartered in 1870 ; opened 10.32 miles in October, 1871, and to present terminus in 1879. Leased in per-
petuity, to N. H. & N. RR. Co. Rental, 50 per cent, of gross earnings, with a minimum of $17,600 annually. In-
come, year ending June 30, 1891, $31.274.94 ; expenses, $1.813 ; net income, $29,461.94. Paid dividend (3 per cent.,
$7,800; interest on bonds, $16,100; surplus, $5,561.94. Capital stock, $260,000; funded debt, first mortgage
(main line) extended 4 per cent. 20-year bonds, due April 1, 1911, interest April and October, $200.000 ; 1st mort-
gage (branch) 6 per cent. 20-year bonds, due April, 1S98, interest April and October, $60,000 ; unfunded debt,
$2,000; surplus, $12,166.07— total liabilities, $534,166.07. Contra.- Construction. $522.268.89 : cash and accounts,
$11,897.18— total, $534,166.07. (For dividends paid to year 1890, see MANUAL for 1891.) Dividends payable at
treasurer's office. TIMOTHY MBRRICK, President; C. Fayette Smith, Treasurer; T. B. O'Donnell, Secretary,
Holyoke, Maes.

NATTGATTJCK RAILROAD.— Stratford Junction, Ct., to Winsted, Ct., 56.55 miles. Watertown and
Waterbury RR.: Watertown. Ct., to Waterbnry, Ct., 4.44 miles— total length of line, 60.99 miles. 2d track, 5.40
miles ; sidings, 14.54 miles. Gauge. 4 ft. 8J in. Rail (steel, 61.95 miles), 56, 58, and 60 Ibs. per yard. Chartered
in May. 1845. Road opened through, September 24, 1849. Leased for 99 years from April 1, 1887. to the New-
York, New Haven and Hartford RR. Co.; rental, bond interest and 10 per cent, dividends, the latter payable
semi-«mnually, January and July. Financial Statement, June 30. 1891.— Capital stock, $2,000,000 ; funded debt
(1st mortgage 4 per cent. 30-year $1,000 and $5,000 registered bonds, due June 1, 1913, interest payable June and
December). $150,000; accrued interest, $500; profit and loss, $272,784.02— total. $2.423.284.02. Contra; Con-
struction. $2,024,65)7.45 ; equipment, $297,086.57 ; real estate, $101,500— total. $2.423.284.02. (For statement of
dividends paid by this company si >ce its organization, see MANUAL for 1888, page 53.) Annual meeting, third
Wednesday in November. Books close for dividends June 20 and December 20, each year during lease. Interest
and dividends payable at treasurer's office, New Haven, Ct. Stock transfers made at company's office in New-
Haven. Trustee of bonds, State Treasurer. WILLIAM D. BISHOP, President ; Horace Nichols, Secretary, Bridge-
port, Ct.; William L. Squire, Treasurer, New Haven, Ct GENERAL OFFICES, New Haven, Ct.

NEW HAVEN AND NORTHAMPTON RAILROAD.-New Haven, Ct., to Conway Junction,
Mass., 94.64 miles. Branches : Collins-vide : Farmington. Ct., to New Hartford, Ct., 14.09 in ; \Mlliamsburn;
Northampton, Ct., to Williamsburg, Ct., 7.51 m.; Turner'* Falls : South Deerfield to Turner's Falls, Mass., 10'.07
m.— total branches, 31.67 miles. Leased: Holyoke <fe Wentfteld RR.: Holyoke, Mass., to Westfield, Mass., and
branches, 17.22 miles; Fitchbura RR.: Conway Junction to Shelburne Falls, Mass.. 5.34 miles— total leased,
22.56 miles. Total length of all lines (owned, 126.31 ; leased, 22.56), 149.91 miles. Sidings, etc., 32.20 miles.
Gauge, 4 ft. 8$ inches. Rail (steel, 131.42 miles), 60 Ibs. per yard. Organized in May, 1836. (For dates of opening
different sections of road, see MANUAL for 1891, page 378.) In 1887 the road was leased for 99 years to the New
York. New Haven and Hartford RR Co.. which owns a majority of the stock ; rental, bond interest and divi-
dends of 1 per cent, for first three years, 2 per cent, for next three yeais, 3 per cent, for next three years, and 4
per cent, thereafter. Payments b}' lessee, as rental, year ending June 30, 1891 : Lease rentals, $31,122.50 : interest
on bonds, $233.000 : sinking fund, $15,000 ; dividends, April and October (1 per cent, each), $49,200— total, $328,-

$423. '
$20.0

$6,783,423.53. Funded Debt ; 1st mortgage 7 per cent, bonds. January 1^ 1869-1899, $1,300,000 ; consolidated sink-
g fund mortgage 6 per cent, bonds, $1,200,000; Northern extension 5 per cent. 30-year bonds, dated April 1,
881, interest payable April and October, $700,000 : convertible 5s of 1886, due July 1, 1896, interest January and
July, $700,000. The company guarantees $260,000 H. & W. RR. bonds— $60,000 at 6 per cent., and $200,000 at 7
per cent. The consolidated sinking fund bonds are dated April 15, 1879, and due April 1, 1909, interest payable
April and October 1. The first mortgage bonds are secured on the lines from New Haven to Northampton, 76
miles, and from Farmington to New Hartford, 14.09 miles. The consols are subject to the firsts on the lines
described, and are first mortgage on the branch from Northampton to Williamsburg, 7.51 miles. They are addi-
:ionally secured by a sinking fund of $15,000 per annum. The Northern extension bonds are a first mortgage on
the extension from Northampton to Conway Junction, 18.31 miles, and the branch from South Deerfield to Tur-
ner's Falls, 10.07 miles. The 5s of 1886 are convertible, at the holder's option, into stock of the company. With
he proceeds of the sale of these bondi the company paid off the floating debt. Trustees of sinking fund 6 per
t. bonds: Union Trust Co., New Haven. Ct. Sinking Fund. September 30, 1888.— Sinking fund of consoli-
!d bonds amounts to $181,227.99, being increased by receipt of delayed instalments and interest on same, and
is now fully paid up and invested as follows : Bonds o'f the N. H. & N. RR. Co., $73.000 ; bonds of H. & W. RR.
^o., $60.000 ; local bank stocks, $44,377..38 : cash and temporary loan, with collateral, $3,850.61— total. $181.227.99
Merest and dividends payable at the National Tradesmen's Bank. New Haven, Ct. CHARLES N. YE \M KN* Presi-
«/u, Westfield, Mass.; Edward M. Reed, Vice-President ; Edward A. Ray, Secretary and Treasurer, New Haven,

SCIPAL OFFICE AND ADDRESS, Union Depot, New Haven, Ct.

SHORE LINE RAILWAY.— New Haven to New London, Conn., 48.53 miles. Total track (steel, 49 50

es)vbO i.94 miles Chartered as New Haven and New London RR. Co., May, 1848 ; opened July, 1852. Leased to

W ^°rk and New Haven RR. Co. November 1. 1870, and lease transferred to N. Y.. N. H. & H" RR. Co. Rental

100.000. Payments in 1890-91 : Taxes and expenses, $17,450.90 ; interest, $9,000 ; dividends (Januarv, 3 25 per

ut.; July, 4 per cent.), $72.500-total, $98,950.90. Balance, surplus. $1,049.10. Capital stock, $1,000,000 : funded

st mortgage 4^ per cent, bonds. March 1, 1880-1910, $200,000— total, $1,200,000. Contra : Cost of road, etc
169.496.10 ; cash. $3,581.24 ; profit and loss. $26,922.66— total, $1,200,000. Dividends payable on the Thursday

28

434 POOR'S MANUAL OF RAILROADS.

following the first Tuesday in January and July each year. EZKKIEI. H. TKOWBKIIMJK. PreriderU ' E. Hayc*
Trowbndge, Jr., Vice- President ; Wilbur F. Day, Secretary and Treasurer, New Haven, Ct. CORPORATE OPFICK.
New Haven, Ct.

WATERTOWN AND WATERBT7RY RAILROAD.— Watertown to Waterbury, Ct 4 44 miles-
total Track. 4.75 miles. Chartered in May, 1809 ; opened in September, 1870. Leased to and nominally owned by
the Naugatuck RR. Capital stock (par. $50), $118,200 ; and $19,000 7 per cent. 1st mortgno-e bonds due Novem-
ber 17. 1885, on which no interest has been paid since May 15, 1873. Cost of road. $134,248.43 ; profit and Ions
$2,951.57. The mortgage has recently been foreclosed by the trustee, the Treasurer of the State Wm D
BISHOP, President, Bridgeport, Ct. ; N. W. Bishop, Secretary and Treasurer^ Bridgeport, Ct.

Board of Directors, N. 7., N. H. & H. RR. Co., elected October 21, 1891.

Wilson G. Hunt. . . .New York, N.Y.
E. H. Trowbridge. . .New Haven, Ct.
William D. Bishop. . .Bridgeport, Ct.
Nathaniel Wheeler..

Henry C. Robinson . .Hartford, Ct.
Edward M. Reed. . . .New Haven, Ct.

Charles P. Clark....

Joseph Park New York, N. Y.

Chauncey M. Depew.New York, N.T.
Henry S. Lee. . .Springfield, Mass.
William Rockefeller.New York, N.Y.
Leveret t Brainard Hartford, Ct.

J. Pierpont Morgan New York, N. Y.

CHARLES P. CLARK, President. . New Haven, Ct.

Treasurer— William L. Squire New Haven, Ct. I Secretary— William D Bishop New Haven Ct

Comptroller— H. M. Kochersperger .... "I General Manager- Lucius TnttleY. .'.'.".'

GENERAL OFFICE New Haven, Ct.

NEW YORK, ONTARIO AND WESTERN RAILWAY COMPANY.

Main Line of Road.— Oswego, N. Y., to Cornwall, N. Y 271.75

Trackage : West Shore RR. : Cornwall to Weehawken 53.07—324.82 milen.

New Berlin Branch : New Berlin Junction to New Berlin 22.38

Delhi Branch : Walton to Delhi 16. 84

Ettenville Branch : Summitville to Ellenville 7.80 — 47.02 miles.

{ Utica, Clinton and Binghampton RR. : Utica to Randallsville, N. Y. . . 31 .30 miles.

T , j Rome and Clinton RR. : Rome to Clinton, N. Y 12. 78 miles.

: 1 Wharton Valley Ry. : Junct. New Berlin Br. to Edmeston 6.80 miles.

[ Ontario, Carbondale & Xcran,. Ry. : Hancock Jc., N. Y. to Scran., Pa. 54.05 miles.

Total length of lines owned and leased, June 30, 1891 476.77 miles.

Sidings, 85.55 miles. Gauge, 4 ft. 8£ in. Rail (steel, owned, 357.84 ; leased, 117.47 ; 475.31
miles), 50 to 67 Ibs.

History. — Organized in November 1879, as successor to the New York and Oswego Mid-
land RR. Co. (See MANUAL for 1888, page 225.) Since July 1, 1890, the accounts of the
Utica Division (U., C. & B. and R. & C. RRs.) have been included. The Zig-Zag tunnel
was completed in June, 1891. (See MANUAL for 1890, page 136.)

For use of tracks from Cornwall to Weehawken the company pays till January 1, 1896,
for each passenger train of 8 cars or less, 20 cents per mile, and for every additional car,.
24- cents per mile , for freight or mixed trains of 40 cars or less (basis of 8 wheels), 30 cents
per mile, and f cent per mile for every additional car. After January 1, 1896, the company
is to pay only its proportionate share of the cost of maintenance, and a like proportion of the
interest at 4 per cent, on $2,000,000 plus the amount expended for necessary improvements
subsequent to January 1, 1886. Provision is also made for cars of each company to be hauled
by the trains of the other company, in order to reduce expenses of each company. The
agreement is to run till May 12, 2079, but the Ontario Co. has the option of terminating it
after May 12, 1980.

Rolling' Stock, "June 30, 1891. — Locomotive engines, 113. Cars — passenger, 87 ; bag-
gage, mail, and express, 25; freight (box, 664; platform, 646; stock, 64; milk, 29 ; coal,
3,137 ; caboose, 42), 4,582 ; other, 31— total, 4,725. Of the foregoing, 850 coal cars were
acquired through car trust.

Operations for year ending June 30, 1891. — See tabulated statement below.

Earnings.— Passenger $656,184 84

Freight 2,013,685 28

Mail and Express 103,314 84

Miscellaneous 36,517 20

Total ($6,631.35 per mile) $2,809,702 16

Expenses.— Maintenance of Way $395,377 39

Motive Power and Cars 774,508 61

Transportation 669,875 97

Miscellaneous and Taxes. . . 315,610 19

Total ($4,851.65 per mile) $2,155,372 16

P3 H z

S

435

436

POOR'S MANUAL — NEW YORK, ONTARIO AND WESTERN RY. CO.

Net earnings (23.39 per cent.), $654,330; add interest on bond 0., C. & S. Ky. Co.,
$75,000— total net income, $729,330. Payments: Interest on bonds, $453,902.36; other
interest and discount, $5,032.61 ; rental (Wharton Valley Ry., $3,770 ; O., C. & S. Ry.,
$91,185.71 ; IL, C. & B. and R. & C. RRs., $75,000), $169,955.71— total, $628,890.68. Sur-
plus, $100,439.32; surplus forward, $356,302.04— total, $456,741.36.

Statement of operations, capital account, etc., for six years (1884-1889), ending Septem-
ber 30, and two years (1890-1891), ending, June 30 :

1884

1885

1886

1887

1888

1889

1890

1891

318.77
404.32 j
. 113
87 •
25
4,582
869.533
1,000,370
1,137,985
1,008,215
36,011,439
1.737.059
194-897,759

656,185
2,013,685
139,832

Miles of Railroad Owned.
Miles of Track Owned. . .

296.60
349.10
73
49
20
1,832
591,273
524,402
257,951
944,093
3->,4S5,364
1.004,248
(58,954,956

636,555
1,067,808
174,810

295.601
352.50'-
73
61
19
1,847
616.215
495,528
268,764
1,089,581
29,730,135
1,470,808
93,583,088
8
672,752
1,125,063
102,460

319.93
380.12
82
62
19
1,851
599,837
E 435,229
277,889
668.477
23,373,487
807,441
61,433,488

459,220
938,285
95,346

319.93
382.65
80
73
19
1,908
662,887
455,510
280,250
575,534
26,212,463
661,825
55,044,552
S
476,160
907,247
97,156

320.17
386.05
75
74
20
2,204
673,616
548,58«
307,308
586,024
27,971,535
872,192
81,820,504

480,482
1,096,731
106,484

320.17
390.70
81
74
20
2,208
678,467
513,074
340,814
634,390
32,265,376
863,540
84,960,450
8
529,332
1,144,536
108,459

320.17
398.34
92
87
23
3,118
765,515
921,771
120,414
647,841
29,952,249
955,558
103,883,353

8

557,442

1,288,723
117,591

Passenger Cars
Basrgage, etc., Cars
Freight Cars.
Passenger Train Miles . . .
Freight Train Miles
Mixed, etc , Train Miles.
Passengers Carried
Passenger Miles
Freight (tons) Moved . . .
Freight (tons) Miles

Passenger Earnings

Freight" Earnings

1,879,172
1,754,634

1,900,275
1,731,727

1,492,851

1,270,852

1,480,563
1,234,954

1,683,697

1,423,218

1,782,327
1,509.444

1,963.756
1,593,999

369,757

(5,005 92
4,875 06
1,130 86
1.86 c.
1.24 c.
81. 17 p. c.
S
58,113,983
6,000
6,944.000
767,632
465,136
222,214
319,527
356,302

2,809,702
2,155.372

<Gross Expenses and Taxes

'Net Earnings

124,539

4,765 73
4,452 24
313 49
1.96 c.
1.65 c.
93. 37 p. c.

58,113,983
2,000,000

168,548

5,095 00
4,643 00
452 00
1.69 c.
1.20 c,
91. 13 p. C.

S

58,113,983
2,000,000
134,000

"ijatiw

459,225
498,607

221,999

4,480 75
3,814 42
666 33
1.98 c.
1.58 c.
85. 12 p. c.

58,113,983
73,000
2,927,000
385,257

245,609

4,626 76
3,859 23
767 53
1.8* c.
1.66 c.
83.41 p. c.

58,118.983
24,000
2,976,000
280,792
65,000
47.337
442,839
186,304

255.479

5,261 56
4,463 18
798 38
1.73 c.
1.34 c.
84.83 p. c.

58,113,983
11,000
3,189,000
238,375
200,000
36,501
372,565
23(5,566

272,883

5.450 54
4,616 04
834 50
1.64 c.
1.84 c.
84. 69 p. c.
S
58,113,983
7,000
6,943,000
298,707

654,330

6.631 35
4,851 65
1.779 70
1.81 c.
1.08 c.
"6.71 p. c.

58,113,9&3
6,000
9,044,000
649,977
504,267
202.920
317:337
45(5,741

Gross Earnings per Mile.
Gross Expenses per Mile.
Net Earnings per Mile.. . .
Av. Rate p. Pass. p. Mile.
Av. Rate p. Ton p. Mile..
Expenses to Earnings —

Preferred Stock
Funded Debt

Sundry Accounts, etc ...
Loans and Bills Payable . .
Other Linbilities

474,318
98:5,031
5,192,461

468,280

112,905
324,034

297,858

465,953
119,606

Total Liabilities
Boad and Equipment... )
And Other Lines }
Sundry Investments
Materials and Accounts..
Cash and Cash Assets. . . .

Total As*ets

67,236,673
53.153,268
11,685.101
1,097,888
1,182,779
127,692

62,309,1506
j- 59,960,156

878,774
1,353,473
117,203

62,084,799
61,574,357

15,841
385,464
109.137

62,136,255
61,783,955

1,723
235,789

114,788

62,397,990
61,952,955

1,723
268,159

180,153

66,097,487
62,810,056

1,895,480
1,062,671
829,880

67,194,795
63,497,733

3,079.030
163,071
454,961

69,295,225

8,079,0$0
612,289

s-j;.o.vi

67,236,673

62,309,606

62,084,799

62,136,255

62,397,990

66,097,487

67.194,795

Receipts, six months ending December 31, 1891, $1,673,850 ; expenses and taxes, $1,215,-
918; net earnings, $457,932. Deduct interest and charges, $296,350.08. Surplus, $161,581.92.

General Balance Sheet, December 31, 1891.

Cost of Road and Property

Materials and Fuel

Investments in Other Companies

Other Property— Steam Shovels

Cash at Bankers

Bills Receivable and Loans

Due by Agents and Others

.Accrued Interest . .

$64 878 363 69

Capital Stock, Common

S58 113 ('^2 84

152 152 05

Capital Stock, Preferred.

6,000 00

5 3 072 830 00

Funded Debt Outstanding.

9,444,000 00

7,500 00

Loans and Bills Payable

164,313 70

20 496 89

Companies and Individuals

35S.W1 73

514 995 64

Wao'es and Supplies

305,143 12

978,001 76
6,250 00

Interest on Bonds Accrued and Due
Wharton Valley Ry. Construction Fund.
Hancock & Pa. RR. Construction Fund.
Profit and Loss ....

114.2;:; :*;
55,2(53 57

921.23.') 11

. . ft69.630.590 03

Total Liabilities. ..

$69,630,590 03

POOR'S MANUAL — NEW YORK, ONTARIO AND WESTERN SYSTEM. 437

Funded debt ($9,600,000) consisted, December 31, 1891, of—

1st mortgage 6 p. c. 30-year gold $1,000 coupon bonds, due Sept. 1, 1914. interest March and Sept $4,000,000

1st consol. mtge. 5 p.c. 50-year gold coupon bonds, with registration privilege, due 1939. int. June & Dec. 5,600,000

The consolidated mortgage bonds are of $500 (£100) and $1,000 (£200); authorized iesue
$10,000,000, of which $4,400,000 are reserved to retire the first mortgage bonds which are
redeemable at 110 after four months' notice. The bonds outstanding are dated June 1, 1889,
due June 1, 1939, and redeemable at the option of the company at 105 and interest after June
1, 1899, on prior notice of six months. These bonds are secured by a consolidated fim
mortgage upon the entire main line and property of the company, and are, in addition,
secured by the deposit of all the $1,500,000 first mortgage bonds, and $1,495,000 (out of $1,-
500,000) stock of the Ontario, Carbondale and Scranton Railway Company.

It is proposed to issue $20,000,000 4 per cent. 100-year general mortgage gold bonds,
and to apply $5,500.000 of them to retirement of the $4,000,000 1st mortgage bonds, and
$7,000,000 to retirement of consols; $1,000,000 of the remainder to be issued at once to pro-
vide for new equipment for building docks and coal trestles at Cornwall, and for general
requirements of the company, and the balance to be issued from time to time for additions
and betterments.

Annual meeting, last Wednesday in September, at 56 Beaver Street, New York. Books
close one month before and reopen within five days after the meeting. Interest payable at
Ne\v York office. Trustee of bonds. The Mercantile Trust Co. Registrar of stock, Mercan-
tile Trust Co., 120 Broadway, New York, and Broad Street House, Old Broad St., London.
Transfer agents, John Fleming, New York, and the English Association of American Bond,
and Shareholders, Limited, London. Listed on New York Stock Exchange, February 15,
1892 : Common stock, $58,113,982 ; first mortgage 6s of 1914, $4,000,000 ; consol. 5s of 1939,
$5,600,000. Common stock also listed in London.

RAILROADS LEASED BY N. Y., O. & W. RY. Co.

ONTARIO, CARBONDALE AND SCRANTON RAILWAY. -Hancock Junction. N. Y.. to
Scranton, Pa., 53.60 miles. Second track. 2 mile* : sidings, 10.93 miles. Gauge, 4 ft 8i in. Rail (steel, 66.59 m.),
67 Ibs. Chartered October 3, 1889 : road opened July 1, 1890. On May 10, 189u, leased to the N. Y., O. & W. Ry.
Co.. for 99 years from July 1, 1890 ; the lessee assuming the payment of'interest on bonds and taxes, and also agree-
ing to pay five per cent, of the gross earnings to the lessor company. Income, year ending June 30. 1891.— Rental,
-7 ; organization. §3,000— total, S91.189.87. Expenses. $3,194.75 ; interest on bonds, $75.000- total. $78.-
194.75. Balance, surplus. $12.995.12. Financial Statement. June 30, 1891.— Capital stock, §1.500.000 ; funded
debt. $1.500.000 1st mortgage 5 per cent. 50-year bonds, due June 1, 1939. interest payable June and December at
Mercantile Trust Co.. New York ; unfunded debt, $491,656.28 ; income balance, §12,995.12— total. §3.504.651.40.
Contra: Cost of road and equipment. $3,494.985.94; other assets, $9.665.46— total. $3,504.651.40. EDW. B.
STURGES. President, Scranton, Pa.: Jas. E. Childs. Vice- Preside tit. and General Manager : John Fleming, Sec-
retary and Treasurer, New York, X. Y. OFFICES, Scranton, Pa., and 56 Beaver St., New York, N. Y.

ROME AND CLINTON RAILROAD.— Rome, N. Y., to Clinton, X. Y., 12.70 miles. Sidings, etc.,
11 miles. Chartered June 3. 1869 ; road opened January 15, 1.^72. Leased in perpetuity January 1, 1891. to the
Delaware and Hudson Canal Co.. at annual rental of $22.375 and taxes. Operated by the'New York, Ontario and
Western Ry. Co. under contract terminating 35 years from June 1, 1886. (See M \NUAL for 1891.) Rental, year
ending June 30, 1891. $25.000 : other receipts, $900— total revenue. $25.900. Expenses and taxes, $2,391.74. 'Net
income, 23.508.26. Paid dividends. January and July, (6f per cent.), $23.595.09. Deficit. $86.83. Capital stock,
$345.360 ; other liabilities, $59.09 : profit and loss, $14,662.94— total, $360.000. Contra : Cost of road, §360.000 ;

-03. (For dividends paid, see MANUAL for 1891). Dividends were paid July, 1891, and Januar
3t percent, each. JAMES I. SCOLLARD. President : C. D. Haves, Secretary and Treasurer. CORPORATE OFFICE,
Clinton, N. Y.

TJTICA, CLINTON AND BINGHAMTON RAILROAD.-Utica. N. Y.. to Randallsville. N. Y..
30 miles. Sidings, etc.. 15.58 miles. Rail (steel. 31.28 miles). 62 Ibs. Organized March 25. 1868 : road opened
1872. Leased in perpetuity in December. 1889, to the Delaware and Hudson Canal Co.. for $61.500. the
• guaranteeing principal and interest on bonds. On June 1. 1886, this railroad and the Rome and Clinton
R. were sub-leased by the D. & H. C. Co. to the Ontario Co., for 35 years, at a minimum rental for both rail-
as of $70,000 per annum. The street railroad of this corporation is leased to the Belt Line Street RR. Co.
0ee statement elsewhere.) Income account, year ending June 30. 1891 : Rental, $7(5.500 : other receipts (includ-
StreetRR.). $1.430— total revenue. $77,9:30. Expenses and taxes. $16.342.69. Net income. $61.5.^7.31. Paid
*t on bonds. $40,000 : dividends (3J per cent, i, $24,884— total, $64.334. Deficit. ?2.746.69. Capital stock,
,285 : funded debt. $800,000 ; surplus, $44,618.13— total, $1,693.903.13. Contra: Cost of road, etc., $1,690,-
-h. $3.336.73— total. $1,693.903.13. The bonds are se< ured bv a mortgage on both street and steam
road?, dated July 1. 1889. due July 1, 1939, at office of D. & H. Canal Co ": interest" <5"per cent.). January and July,
t Security Trust Co., New York. JAMES I. SCOLLARD, President, Clinton. N. Y.; R. S. Williams, Secretary
•rer, Utica. N. Y. CORPORATE OFFICE, 157 Genesee Street, Utica, N. Y.

-v WHARTON VALLEY RAILWAY.— This company was formed to construct an extension of the

iicflo rrrn Bran9h to the yiHa£e of Edmeston. 6.80 miles, which was completed and opened for traffic February

The N. Y.. O. & W. Ry. Co., in consideration of a cash donation of $20.000. subscribed by residents on

$75,000 of full paid stock, agreed to lease the line at an annual rental of 5 per cent, on $75,000 of

ius, payment of principal and interest of such bonds being guaranteed by that company.

438

POOR'S MANUAL OF RAILROADS.

Board Directors, New York, Ontario and Western Ry. Co., elected January 20, 1892.

Thomas P. Fowler. New York, N. Y.

Joseph Price London, Eng.

Richard Irvin New York, N. Y.

Francis R. Culbert.

Samuel Barton ...New York, N. Y. | Win. H. Paulding..New York, N. Y

Harry Pearson London, Kng.

Ciuirlr.s J. Russell.. ..

Charles S. WheU-n. Philadelphia, Pa.

John Greenough. . .
EbenK. Sibley....

Alberts. Roe

John B. Kerr New York, N. Y.

THOMAS P. FOWLER, President New York, N. Y.

Joseph Price, Vice- President London, Eug.

John B. Kerr, Vice- President and General Counsel New York, N. V.

General Manager -J. E. Childs New York, N. Y. | Sec. ami 7'mw.— R. D. Packard New York, N

PRINCIPAL OFFICE AND ADDRESS 56 Beaver St., New York, X. Y.

Office in London. . ... .5 and 6 Great Winchester Street.

NEW YORK, PHILADELPHIA AND NORFOLK RAILROAD COMPANY.

Main Line of Road. — Delmar, Del., to Cape Charles, Va 95

Crisfield Branch : King's Creek, Md., to Crisfield, Md 17 — 112 miles.

Sidings, 14 miles. Gauge, 4 tt. 9 in. Rail (steel, 118 miles), 60 Ibs.

The company also operates 36 miles of ferry between Cape Charles, Old Point Comfort,
Portsmouth, and Norfolk.

History.— For sketch of corporate history, construction, etc., see MANUAL for 1888, p. 228.
This company has a traffic contract till January, 1895, with the Pennsylvania RR. Co.,
which company sets aside 10 per cent, gross earnings to purchase first mortgage coupons.

Rolling' Stock, June 30, 1891.— Locomotive engines (owned, 18 ; leased, 3), 16. Cars-
passenger, 8 ; baggage, mail, and express, 3 ; freight (box, 592 ; platform, 2 ; caboose 9), 603 ;
other car 1 — total cars, 615. Of the box cars, 440 are leased.

Floating Equipment. — Steamboats, 2 ; tug-boats, 3 ; car-floats, 4. One steamboat and
one tug-boat were acquired by floating equipment trust.

Operations for year ending June 30, 1891. — Train mileage — passenger, 182,626 ; freight,
237,118 ; other, 50,014— total, 469,758 miles. Passengers carried, 194,413 ; carried one mile,
7,587,110 ; average mile rate, 2.51. Tons freight moved, 495,812 ; moved one mile, 50,353,-
141 ; average ton-mile rate, 1.06 cents.
Earnings.— Passenger. . $190,127 75 j Expenses.— Transportation $209,984 50

Freight 533,751 01

Mail 26,729 12

Express 14,68903

Miscellaneous ... 41,244 22

Motive Power 124,234 15

Maintenance of Cars 25,023 14

Maintenance Way and Buildings 96,000 59

General and Ferry Service 172,823 62

Total ($7,201.26 per mile) $ 806,541

Net earnings (22.13 per cent.), $178,475.13.

Total ($5,607.73 per mile) $628,086 00

Payments : Interest on bonds, $124,380 ; on

debt, $71,040.13— total, $195,420.13.
— total deficit, $363,293.24.

Balance, deficit, $16,945. Deficit forward, $346,348.24

General Balance Sheet, June 30, 1891.

€ost of Road $4,529,856 17

•Cost of Rolling & Floating Equipment.

Real Estate and Buildings

Materials and Fuel on Hand

Bills Receivable

•Current Accounts

Cash on Hand

Profit and Loss . . .

654,255 27
28,847 60
l,S,!)Ot 38
21,234 46

106,764 53
59,801 71

3(13,293 24

Capital Stock $1,714,375 00

Funded Debt Outstanding 3,073,000 00

Bills Payable 114,201 41

Current Accounts 23,813 24

Interest on Bonds 665.

Loan Account 158,90071

Other Interest 32,047 3;

Suspense Account 1,429 63

Tot:il Liabilities

$5,782.957 36

Total Assets $5,782,957 3(

The funded debt consists of $1,848,000 first mortgage 6 per cent. 40-year gold coupon and
registered $1,000 bonds, due January 1, 1923, interest payable January and July ; $1.000,000
income mortgage 6 per cent, non-cumulative 50-year registered $1,000 bonds, due October 1,

POOR'S MANUAL OF RAILROADS. 439

interest payable January and July ; $225,000 bottomry mortgage 6 per cent, registered
$5,000 and $10,000 bonds, dated April 1, 1885, due April 1, 1887, extended to January 1,

merest payable April and October.

Annual meeting, third Tuesday in March, at Cape Charles, Va.; books do not close.
Voting power attaches to stock after 90 days' ownership. Union Trust Company of New
York City, trustee of bonds. Registrar of stock, Guarantee Trust and Safe Deposit Co.,
Philadelphia, Pa. Stock authorized, $2,500,000 ; par, $100. Stock and bonds listed on
Philadelphia Stock Exchange.

Directors (elected March 17, 1891).— A. J. Cas<att, William A. Patton, J. G. Cassatt, C. A.
Griscom, R. H. Townsend, Jr., Philadelphia, Pa.: John Keller, Lancaster, Pa'; U. H.
Painter, Washington, D. C.

A. J. CASSATT, President Philadelphia, Pa.

\Vm. A. Patton, Vice -President Philadelphia, Pa.

. r—j. Q. Cassatt Philadelphia, Pa. | Secretary & Auditor— Win. Cariss. Jr. Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS Cape Charles, Va.

Transfer Office 305 Walnut Street, Philadelphia, Pa.

NEW YORK, PROVIDENCE AND BOSTON RAILROAD COMPANY.

Main Line of Road. — Providence, R. I. , to New London, Conn 62.11 miles.

Jf arbor .Branch : Auburn, R. I., to Providence, R. 1 3.5^

Branch : Auburn, R. I.', to Buttonwoods, R. 1 9.90

Branch RR. : Auburn, R. I., to Pontiac, R. I. 4.69 — 18.17 miles.

, ( Pawtuxet Valley RR. : Pontiac, R. I., to Hope. R. 1 5.67

: {Providence and Worcester RR. : See statement on page 441. .50.40— 56.07 miles.

Total length of all lines operated June 30, 1891 136.35 miles.

:2d track (owned. 62.11 ; leased, 43.40), 105.51; sidings (owned, 28.19; leased, 61.49), 89.68
miles. Gauge, 4 ft. 8| in. Rail— iron, 60 ; steel (owned, 170.58 ; leased, 121.95— total, 292.53
miles). 72 and 78 Ibs.

History. — See MANUAL for 1888, page 67. This company owns a controlling interest in
the Providence and Stonington Steamboat Line, a consolidation (April 1, 1875) of the Xew
York and Stonington, and the Providence and Xew York lines, with a capital of $1.500.000.

Rolling Stock, June 30, 1891. — Locomotive engines, 87. Cars — passenger, 102 ; com-
bination, 27; baggage, 18; freight (box, 561; flat, 415; coal. 1,378; caboose, 25), 2,379 ;
•other cars, 26 — total cars, 2,552. The company leases, of the foregoing, 42 locomotives, 51
passenger, 9 combination, 9 baggage. 391 box. 216 flat, 1,185 coal, 9 caboose, and 15 other cars.

In addition this company owns -pfo of 24 drawing-room and 10 sleeping car.-s in Wagner
Shore Line, -pp., of 2 dining cars, -/jV of 19 passenger, 7 smoking, 11 baggage, 2 postal, and
2 combination cars in Boston and Xew York Shore Line ; U of 7 passenger, 1 combination,
1 baggage, 2 luggage flats, and 3 baggage cars with crates in Stonington Line, and leases i
interest in 2 locomotives from Providence and \Vorcester RR. Co.

Operations for year ending June 30, 1891. — See tabulated statement on page 440.

famines.— Passenger $1,502,087 04 Expenses.— Transportation $1,17-2.9:54 36

Freight 1,432,225 34 Motive Power ,

Mail 27.619 38 Maintenance of Cars \

Express 53,649 87 Maintenance Way A Buildings 418,785 72

Miscellaneous 75,740 20 General and Taxes. . 316,899 29

Total ($22,671. 96 per mile) $3.091,321 83 I'otaH$15.614.98 per miie.) $2,129,101 99

Xet earnings (31.13 per cent.). $963,219.84. Add dividends received from Providence
and Stonington S.S. Co., *95,820— total available revenue, $1,058,039.84. Payments : Inter-
eat, balance of account, $94,392.44; rentals. $456,413; dividend? (quarterly, 24- per cent.,
November, February. May, and August), $500.000— total, $1,050,805.44. Balance, surplus
for year, $7,234.40. Surplus from last year, $1,458.692.16— total, $1,500,577.18. Deduct
balance of claim against M. Morgan's Sons, $52,261.32— net surplus, £1,413.665.24.

440

POOR S MANUAL — NEW YORK, PROVIDENCE AND BOSTON RR. CO.

Statement of operations, earnings, etc., for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Miles of Railroad

82.73
543,666
146,440
1,361,463

82.73
519,419
254,337
1,431.264

82.76
552,161
247,340
1,581,740

86.34
592,788
171,521
* 2,008,496
32,104,551
511,959
22,384,971
$
680,211
518,673
77,914

86.34
614,295
191,943
1,929,956
36,565,408
498,625
20,189,564

698,843
525,738
78,588

140.45
1,076,216
45b,820
5,243,419
64.011,817
1,598,553
52,737,909

1,318,992
1,349,707
177,726

136.35
1,168,394
501,076
5,698,722
74,938,304
1,779,121
57,767,894

1,444,501
1,479,881
164,222

136.35
1,228,210

508.703
6,286.856
77,225,713
1,926,958
63,777,091

S

1,502,087
1,432,225
157,010

Passenger Train Miles ..
Freight Train Miles

Passengers Carried . . .

Passenger Mile~

28.168,212
448,008
16,688,298
$
633,242
473.397
78,692

27,373,012
403.359

16,868,280

599,652
464,514

75,719

30,573,526
492,837
20,489,660

652,882
508,051
76,187

Freight (tons) Moved. .- .
Freight (ton) Miles

Passenger Earnings
Freight Earnings
Mail, Express, etc

Gross Earnings

1,185.331
727,655

1,139,886
732,357

1,237.120

843,384

1,276,798

850,776

1,303,169

98tf,688

2,836,425
1,894,476

3,088,604
2,159,639

3,091,322
2,129,102

Expenses and Taxes
Net Earnings.

457,675

407,529
40,245

393,736
80,490

426,022
120.735

316,481
84,334

941,949
95,820

928,965
95,820

962,220
95,820

Ston. S. S. Dividends .

Available Revenue
Interest, Balance

457,675
81.994

447,774
83,226
29,159
(8) 240,000
+ 95,389

13,778 38
8,852 37
4,926 01
64. 25 p. c.

3,000,000
1,300,000

474,226
80,918
17,663
(8) 240,000
+ 135,645

14,948 29
10,190 72
4,757 57
68. 17 p. c.
S
3,000,000
1,300,000

546,757
78,744
17,663
(10)300,000
+ 150,350

14,788 02
9,853 79
4,934 23
66. 63 p. c.

3,000,000
1,300,000

400,815
82,814
17,663
(10)300,000
+ 328

15,093 46
11,427 94
3,665 5a
77. 07 p. c.

3,980,199
1,300,000

1,037,769
101,661
402.663
(10)375,000
+ 158,445

20,192 42
13,417 41
6,775 01
66.79 p. c.

4,000,000
1,300,000
938,539
1,455,668

1,024,785
32,186
452,663
(10)450,000
+ 89,936

22.652 03
15,838 93
6,813 10
69. 93 p. c.

5,000,000
1,300,000
255,000
1,493,343

1,058,040
94,392
456,413
(10)500,000
+ 7,235

22,671 96
15,614 98
7,056 98
68. 87 p. c.

5,000,000
1,300,000
523,553
1,413,665

Rentals

Dividends (Nov., F., M., A.)
Balance (+ or — )

(8) 240,000
+ 135,681

14,326 49
8,795 54
5,530 95
61. 39 p. c.

3 000 000

Gross Earnings per Mile . . .
Gross Expenses per Mile.
Net Earnings per Mile
Expenses to Earnings

Capital Stock

Funded Debt .

1,300,000

Bills Payable and Accounts.
Profit and Loss

Total Liabilities

925,180

1,020,570

1,156,215

1,306,565

1,306,904

5.225,180
3.214,090
626,400
40,137
839,900
105,146
399,507

5,320.570
3,259,431
697,347
40,137
839,900
113,504
370,251

5,456,215
3,276,955
706,550
40,137
839,900
94,307
498,366

5,606,565
3,396,354
778,716
81,062
839,900
115,407
395,126

6,587,103
3,521,350
1,149,030
220,266
993,200
116,401
586,856

7,694,207
4,220,935
1,753,560
245.005
993,200
309,696
171,811

8,048,343
4,386,994
1,981,188
275,648
993,200
292,188
119,125

8,237,218
4,513.902
1,918,114
277.585
993,200
417,573
116,844

Construction and Equipm't.
Branches. Extensions, etc..
Real Estate
Stocks Owned..

Materials and Supplies
Accounts and Cash Assets. .

Total Assets . . .

5,225,180

5,320,570

5,456,215

5,606,565

6,587,103

7,694,207

8,048,343

8,237,218

Financial Statement, June 30, 1891.— Capital stock, $5,000,000; funded debt, $1,300,-
000 ; bills payable, $523,552.86 ; profit and loss, $1,413,665.24— total, $8,237,218.10. Contra :
Construction and equipment, $4,513,902.33 ; real estate, $277,585.21 ; Warwick branch, $93,-
337.43 ; Pontiac RR., $75,914.86 ; Pawtuxet Valley RR., construction account. $16.313.53 ;
Harbor Junction Wharf, $78,504.99 ; Pintch Gas W^orks, $16,288.21 ; proportion of Wagner
drawing-room and sleeping cars, $47,616.80 ; Providence and Stonington SS. stock, $958,-
200 ; Narragansett Pier RR. stock, $15,000 ; Wood River Branch RR. stock, $20,000 ;
material and supplies, $417,572.83 ; Thames River bridge and approaches, $1,606,451.20 ;
accounts receivable, $12,137.06 ; cash, $29,637.45 ; construction account, Worcester division,
$58,765.20— total, $8,237,218.10.

Funded debt consisted, June 30, 1891, of—

1st more. (Providence to Stonington, 50 miles), 7 p. c. 30-year bonds, due Jan. 1, 1899, int. Jan. & July.. $1,000,000
1st mort. (Stonington to New London. 13 miles), 4 p. c. 2ti -year bonds, due Apr. 1, 1901, int. Apr. <fc Oct. 300,000

In June, 1891, this company was authorized TO issue $4,000,000 4 per cent, bonds, of
which $1,300,000 will be reserved to retire the present bonds ; $500,000 for new stock in the
Providence and Stonington SS. Co., to be issued for two new steamers now under contract :
about $500,000 to retire floating debt, and the balance, $1,700.000, to be he'd in the treasury
for future requirements. The New York, Providence and Boston and the Old Colony RR.
Terminal Co. was incorporated in 1891 to construct a new station and terminal facilities at
Providence. Its capital stock will be $500,000, and it is authorized to issue $3,000.000 bonds,
which the N. Y., P. & B. and the Old Colony RR, Cos. will either hold or guarantee.

Annual meeting, second Wednesday in September. Books close for annual meeting and
for dividend payments ten days previous to either event. Interest and dividends payable at
the Central Trust Co., 54 Wall Street, New York, N. Y.

POOR'S MANUAL OF RAILROADS. 441

RAILROADS LEASED BY THE NEW YORK, PROVIDENCE AND BOSTON RAILROAD Co.

PAWTTJXET VALLEY RAILROAD. -Poutiac, R.I. , to Hope, R. I., 5.67 miles ; sidings, 1 mile.
Chartered Auiru-st C;, ls?e : road opened August 1, 1874. Leased to N. Y., P. A B. RR. Co. for 99 years from July
at an annual rental equalling interest on bonds, and 7 per cent, on stock, payable semi annually, January
and July. Including that of January 1, 1893. the company has paid since its organization 28 dividend?, aggre-
gating 97 percent. Capital stock, §100,900; funded debt, 1st mortgage 7 per cent. 20-year bonds, due July 1,
1803. interest January and July, §100,000 ; 2d mortgage 6 per cent. 20-year bonds, due April 1. 1900, interest April
and October, $60.000— total, §260.900. Contra : Cost of road and equipment, $260,900 ; stocks and other invest-
ments. $1,500. HKNUY HOWARD, President; Wm. H. Pope, Secretary and Treasurer. CORPORATE OFFICE,
Providence, R. I.

PROVIDENCE AND WORCESTER RAILROAD.— Providence. R. I. to Worcester, Mass.,
43.41 ; Valley Falls to East Providence. 7— total, 50.41 miles. 2d track, 42.38 : sidings, 60.41 miles. Gauge, 4 ft.
8.J in. Rail (.steel, 121 .12 miles), 60, 72, and 78 Ibs. Consolidation, November 4, 1845. of two companies of the same
name chartered in 1844. Main line opened in October, 1847 ; branch to East Providence in 1875. Leased for 99
years from May 1, 1SS8, to the New York, Providence and Boston RR. Co., at an annual rental of 10 per cent, on
the capital stock. Income Account, year ending June 30, 1891.— Rental, $435,000; other receipts. $10,520. 01—
total. $445.520.01. Payments : Interest on bonds, §75,000 ; dividends (10 per cent.) §350,000 : corporate expenses,
ST. 724. 71— total, 432,724.71. Balance, surplus. §12.795.30.

Financial Statement, June 30, 1891.— Capital stock (§100 shares), §3.500,000 ; funded debt, 1st mortgage 6
per cent. 20-year $1.000 coupon bonds, due October 1, 1897, interest payable April and October at the office of the
trustee, the Rhode Island Hospital Trust Co., Providence, R. I., (§2,000.000 authorized), §1,500,000; premium
account, $26,250; income balance, §286,819.21— total, §5.313.069.21. Contra: Cost of road and equipment,
§4.398,887.40 ; other assets, §914,181.81— total, §5,313.069.21. Registrar of stock, W. A. Leete, Treasurer. An-
nual meeting, first Monday in February. Bo^ks close 15 days before dividend payments : do not close before an-
nual meeting. Total number of dividends paid to close of last fiscal year. 86. (For statement of dividends paid
since organization by this company, see MANUAL for 1889, page 66.) Dividends sent by mail from Treasurer's
office on the last days of March, June, September, and December.

MOSES B. I. GODDARD, President j William A. Leete, Clerk and Treasurer. Providence, R. I. PRINCIPAL
OFFICE AND ADDRESS, Exchange Place, Providence, R. I.

Board of Directors, N. Y., P. & B. RR. Co., elected September 16, 1891.

Sam1 D. Babcock. .New York, N. Y.

J. W. Wood South Orange. X. J.

John L. Riker New York. N. Y.

George M. Miller. .New York, N. Y.

J.P.Morgan " " "

George G. Haven.

Robert Knight Providence, R. I.

B. N. Lapham " "

Nathan F. Dixon Westerly, R. I.

George Peabody Wetmore. . .Newport, R. I. | Henry C. Robinson Hartford, Ct.

SAMUEL D. BABCOCK, President New York, X. Y.

George M. Miller, Vice- President New York, X. Y.

Sec. and Treas.—A. R. Longley Providence, R. I. | General Manager— J. W. Miller New York. N. Y.

PRINCIPAL OFFICE Providence, R. I.

Transfer Office New York, N. Y.

NORFOLK, ALBEMARLE AND ATLANTIC RAILROAD COMPANY.

Line of Road. — Norfolk, Va., to Virginia Beach. Ya 17.9 miles.

Sidings, 1.70 miles. Gauge, 3 ft. Rail (steel, 17.90 miles), 30 Ibs. per yard.

History. — Consolidation, March 2, 1891, of the Norfolk and Virginia Beach and the Dan-
ville and Seaboard RR. Cos. The company proposes to build 45 miles of branches, as follows:
Kempsville to Mackey, 25 ; Kempsville to Lynn Haven, 5 ; Virginia Beach to Cape Henry,
6 ; other branches, 9 miles. (See MANUAL for 1891.) It is proposed to change the gauge to
the standard width and to build a branch to the North Carolina Sounds.

Rolling" Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger. 16 : baggage,
mail, and express, 1 ; freight (box, 6 ; stock, 1 ; platform, 15), 22 ; other, 4 — total cars, 43.

Operations for year ending June 30, 1891. — Train mileage — passenger, 45,250 ; freight,
15,225 ; other, 1,950— total, 62,425 miles. Passengers carried, 123,582 ; carried one mile,
1,977,312; average mile rate, 1.49 cents. Tons freight moved, 16,326; moved one mile,
204,075 ; average ton-mile rate, 9.31 cents. Earnings— passenger, $29,423.32; freight, $18,-
993.46; mail, $793; express. $101.90; other, $792.18— total ($2,799.10 per mile), $50,103.86.
Expenses— transportation, $20,321.72 ; motive power, $1,672.83 ; maintenance of way and
buildings, $6,541.70: general, $4,284.98— total ($1,833.59 per mile), $32,821.23. Net earn-
ings (34.49 per cent.), $17,282.63; add other receipts, $3,292.59— total net revenue, $70,-
575.22. Payments : Interest on bonds, $25,000 ; on debt, $219.22 ; other, $1,382.44— total,
$26,601.66. Balance, deficit, $6,026.44 ; surplus from last year, $1,261.20— net deficit, $4,-
765.24.

Financial Statement, June 30, 1891.— Capital stock, $500,000; funded debt ($300,000
first mortgage 5 per cent, 30-year $1,000 coupon bonds, due July 1, 1917, interest payable
January and July ; and $200,000 second mortgage 5 per cent. 30-year bonds, due August 1,
19;8, interest payable February and August), $500,000; bills payable, $9,237.20; current

442 POOB'S MANUAL OF RAILROADS.

accounts, $17,635.32 ; interest on bonds, $7,500; other liabilities, $1,985.12— total, $1,036,-
357.64. Contra: Cost of road, $387,159.56 ; of rolling stock, $83,517.49 ; real estate, $551,-
118.76; materials and supplies, $3,335.14; cash and accounts, $6,461.45; profit and loss,
$4,765.24— total, $1,036,357.04.

The bonds are secured by mortgage on the entire road and equipment, the "Princess
Anne " Hotel and cottages at Virginia Beach, together with 1,600 acres of land adjacent to
the Atlantic Ocean. Annual meeting, first Wednesday in April, nt Norfolk, Va. Interest
payable at New York, N. Y. Trustee of bonds and registrar of stock, Mercantile Trust Co.r
New York, N. Y.

Directors (elected March 21, 1891). — George S. Jones, Warner Van Norden, George
R. Howell, W. L. Stowe, Wm. Evans, Jr., New York, N. Y.; James W. Rowland, Emlen-
ton, Pa. ; James H. Hopkins, Washington, D. C.

GEORGE S. JONES, President New York, N. Y.

Warner Van Norden, Vice- President

Sec. and Treas.— William Evans, Jr. .New York, N. Y. | Auditor— George M. Glazier Norfolk, Va.

PRINCIPAL OFFICE AND ADDRESS Norfolk, Va.

Branch Office 44 Broadway, New York, N. Y.

NORFOLK AND CAROLINA RAILROAD COMPANY.

Main Line of Road.— Pinners Point, Va., to Tarboro', N. C 100.49

Pig Point Branch : Bruce to Pig Point, Va 6.53

Bennett's Pasture Branch : Drivers to Beach Grove, Va 1.55

Portsmouth Branch : S. & R. RR. Junction to Armisteads, Va 1.13—109.70 miles.

Gauge, 4 ft. 9 in. Rail (steel)— main line and Portsmouth Branch, 56 ; other branches, 45 Ibs.

History. — Chartered February 14, 1889, as successor to the Chowan and Southern RR.
Co., and road opened throughout, April 1, 1890. (See MANUAL for 1891, page 804.)

Rolling Stock, June 30, 1891. — Locomotive engines, 14. Cars— passenger, 4; baggage,
mail, and express 3 ; freight (box, 181 ; platform, 112; caboose, 7 : logging, 130), 430 ; other
cars, 27— total cars, 464. The company also owns one steam tug, one car transfer barge, one
pas.-enger barge, and six freight barges.

Operations for year ending June 30, 1891. — Train mileage — passenger, 66,202 ; freight,
117,885 ; other, 25,040— total, 209,127 miles. Passengers carried, 35,907 ; carried one mile,
1,343,086. Tons freight moved, 185,658 ; moved one mile, 12,422,876. Earnings — passenger,
$32,042.18 ; freight, $233,235.80; other, $16,217.35— total, $281,495.33. Operating expenses
— transportation, $111,853.46; motive power and cars, $22,746.53; way and buildings,
$61,105.20 ; general, $31,049.23— total, $226,754.48. Net earnings, $54,740.85; miscellaneous
income, $3;871.67 — total available revenue, $58,612.52. Payments : Interest on bonds, $33,-
000 ; taxes, $10,391.41— total payments, $43,391.41. Balance, surplus, $15.221.11.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $1,500,000 ; funded
debt, first mortgage 5 per cent. 50-year $1,000 coupon bonds, with provision for registration,
due April 1, 1939, interest payable April and October, authorized at rate of $12,000 per mile,
but not to exceed $1,500,000 ; outstanding, $1,320,000 , current accounts, $65,757.51 ; profit
and loss, $15,221.11— total, $2,900,978.62. Contra : Cost of road, $1,975,668.32 ; rolling stock,
$438,998.75 ; terminal water front, real estate and buildings, $453,837.89 ; cash and cash
assets, $32,473.66— total, $2,900,978.62.

Annual meeting, first Thursday in October, at Norfolk, Va. Trustee of bonds, Central
Trust Co., New York. N. Y., at whose office coupons are payable. Registrar of stock, C. G,
Elliott, secretary of company.

Directors (elected October 9, 1891).— Warren G. Elliott, H. Walters, Wilmington, N. C. ;
W. T. Walters, B. F. Newcomer, W. J. Doyle, Baltimore, Md. ; Calvin S. Brice, H. C. Fahne-
stock, New York, N. Y.

WARREN G. ELLIOTT, President Wilmington, N. C.

H. Walters, Vice- President

Secretary and Treas.— C. G. Elliott Norfolk, Va. | Gen. Auditor— W. A. Riach Wilmington. N. C.

PRINCIPAL OFFICE AND ADDRESS Norfolk, Va.

POOR'S MANUAL OF RAILROADS. 443

NORFOLK AND OCEAN VIEW RAILROAD AND HOTEL COMPANY.

Line of Road.— Norfolk, Va., to Ocean View, Va 8.12 miles.

Sidings, etc., 0.25. Gauge, 3 ft. 6i in. Rail, 30 Ibs.

History.— Chartered February 27, 1879 ; road opened in September, 1879. Chiefly a sea
side pleasure railroad.

Rolling Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 5 ; other, 5.

Operations for year ending June 30, 1891. — Train mile:ige (passenger), 11,152 miles.
Passengers carried, 56,732 ; carried one mile, 907,712 ; average mile rate, 1.88 cents. Gross
earnings, $17,082.17. Operating expenses, $11,716.40. Nrt earnings, $5,365.77. Deduct:
Interest on funded debt accrued, $2,404.40 ; permanent improvements, $841.97 ; other pay-
ments, $223.38— total, $3,469.75. Balance, surplus, $1,896.02.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $50,000 ; funded debt, 7
per cent. 10-year coupon bonds, due July 1, 1891, interest payable January and July, $20,000;
floating debt, $16.740 ; profit and loss, $20,604.74— total, .$107,344.74. Contra : Cost of road,
$39,400.82 ; equipment, $14,016.45 ; lands owned and permanent investments, $51,361.77 ;
cash and current assets, $2,565.70— total, $107,344.74.

Directors (elected June 30, 1891).— Alexander Turnstall, W. H. Taylor, George B.
Barnes, James E. Barry. Win. A. Graves, John Vermillion, George Newton, J. C. Weston,
M. L. T. Davis, R. L. Page, H. M. Nash, Norfolk, Va.

W. H. TAYLOB, President and General Manager Norfolk, Va.

F. S. Taylor, Secretary and Treasurer " "

PRINCIPAL OFFICE AND ADDRESS Norfolk, Va.

NORTHEASTERN RAILROAD COMPANY.

Line of Road. — Charleston, S. C.. to Florence, S. C 102 miles.

Sidings, etc., 20.34 miles. Gauge, 4 ft. 9 in. Rail (steel, 102 miles), 56 and 70 Ibs.

History.— Chartered December 16, 1851 ; road opened November 10, 1856. The Central
RR. of S. C. (which see) is leased jointly by this company and the Wilmington, Columbia
and Augusta RR. Co.

Rolling Stock, June 30, 1891. — Locomotive engines, 26. Cars — passenger, 11 ; baggage
and exp^e.-s, 3 ; postal, 2 ; officers', 1 ; freight (box, 195 ; platform, 148 ; stock, 6 ; caboose,
25), 374— total cars, 392.

Operations for year ending June 30,1891. — Engine mileage— passenger, 262,891 ; freight,
217.614 ; mixed, 92,302 ; other, 56,359— total, 629,206 miles. Passengers carried, 280,605 ;
moved one mile, 11,427,418; average mile rate, 2.17 cents. Tons freight moved, 335,843;
moved one mile, 24,968,682 ; average ton-mile rate, 1.57 cents.

Eirningi.— Passenger §247.920 29 ' Expenses Transportation $220,533 26

Freight 393.77718' Maintenance of Equipment 81,58004

Mail and Express 65,06369

Miscellaneous 27,881 52

Total ($7,202.34 per mile) $734.642 68

Maintenance Way & Structures 91 ,997 28
General and Taxes . . 42.186 12-

Total ($4.277.42 per mile) $436,296.71

Net earnings (40.62 per cent.), $298,345.97. Add interest and dividends, $14,220
other receipts, $23,009.23— total, $37,229.23. Total ava lable revenue, $335,575.20. Pay-
ments : Interest on bonds, $133,000; dividends (January and July, 1891, 3 per cent, each),
$54,000; other, $65,348.72— total, $252,348.72. Surplu's, $83,226.48. Surplus from 1890,
$104,228.44— total surplus, $187,454.92.

General Balance Sheet, June 30, 1891.

Cost of Road, Equipment, etc $2,512,105 20 Capital Stock, 18,000 shares at $50 each .... $900,000 00

Stocks and Bonds 158,372 99 Funded Debt Outstanding 1,836,024 84

Bills Receivable 3,20545 Current Accounts 98,38366-

Cnrrent Accounts 112,383 93 Profit and Loss 187.454 92

Consolidation Bonds N. E. RR 37,000 00

Cash on Hand and on Deposit ld>,795 85

Total Assets $3.021,863 42 Total Liabilities $3,021,

POOR S MANUAL OF RAILROADS.

.$820,00000
. :;-.!•.!, 000 00
. 694.00000

Funded debt outstanding consisted June 30, 1891, of —

1st ratge. 8 per cent. 30-year $500 coupon bonds, due September 1, 1899, interest March and Sept

2d mtg. 8 per cent. 30-year $500 coupon bonds, due September 1, 1899, interest March and Sept

Consol. mige. 6 per cent. 50-year $1,000 coupon bonds, due January 1, 1933, interest Jan. and July . .
Certificates of indebtedness

The company guarantees the Ashley River RR. bonds. Of the consolidated mortgage
bonds ($1,836,000 authorized), $1,142,000 are deposited with the Metropolitan Trust Co.,
New York, to retire 1st, and 2d mortgage bonds. Interest on 1st and 2d mortgage bonds pay-
able at the company's office, Charleston, S. C. ; on the consols, at the office of John Paton &
Co., New York.

Statement of traffic and revenue for eight years, 1884-1891 :

1884

Sept. 30.

1885

Sept. 30.

1886

Sept. 30.

1887

Sept. 30.

1888

Sept, 30.

1889

June 30.
9mos.

1890

June 30.

1891^

June 30.

Passengers Carried
Cotton (Bales) Moved . ...

111,023
105,695

117,090
134,549

110,956
123,307

112,597
101,162

151,540
79,504

113,999

175.099

280,605

Naval Stores (bbls ) Moved

130 470

82 655

66,023

73,498

52335

Gross Earnings
Gross Expenses

S

569,471
404,524

570,058
407,238

S
558,634
436,869

554,253
399,814

$
601,078
440,348

489,026
390,665

$
676,061
457,729

S
734,643
436.297

Net Earnings

164 947

162 280

121 765

154 439

160,730

98,361

217,332

29S 34 f>

Other Receipts

25,019

26,511

24,536

80,784

48,837

24,781

41.877

37,229

Available Revenue

189,966

189,331

146,301

235,223

209,567

123,142

259.209

335,575

Interest and Dividends
Gross Earnings per Mile . .
Gross Expenses per Mile. .
Net Earnings per Mile ....
Expenses to Earnings

187,842
5,583 04
3,965 92
1.617 12
71.04 p. C.

186,961
5,588 80
3,992 53
1.5% 27
71. 44 p. c.

159,980
5,476 08
4,283 02
1,19306
78. 20 p. c.

160,222
5,433 85
3,919 75
1,514 10
82. 14 p. c.

214,000
5,892 91
4,31713
1,57578
73.26 p. c.

141,320
4,794 38
3,380 05
1,41433
79. 89 p. c.

187.000
6.628 05
4,497 35
2,13070
67. 85 p. c.

187,000
7,20238
4,277 42
2.924 96
59. 39 p. c.

Annual meeting, third Friday in November, at Charleston, S. C. Dividends payable at
the company's office, Charleston, S. C.

Directors (elected November 20, 1891).— C. 0. Witte, Charleston, S. C.; H. B. Plant,
New York City ; W. T. Walters, II. Walters, B. F. Newcomer, Baltimore, Md.; W. G. Elliott,
Wilmington, N. C.

A. F. RAVENEL, President Charleston, S. C.

Secretary- T. G. Main Charleston, S. C. j Treasurer— B. S. Rhett Charleston, S. C.

PRINCIPAL OFFICE AND ADDRESS Charleston, S. C.

NORTHERN ADIRONDACK RAILROAD COMPANY.

Main Line of Road.— Moira, N. Y., to Tupper Lake, N. Y 55 miles.

Sidings, etc., 2.55 miles. Gauge, 4 ft. 8i in. Rail (steel), 56 Ibs. per yard.

History. — Consolidation, July 6, 1890, of the Northern Adirondack and the Northern
Adirondack Extension RR. Co°. Road completed in 1890. (See MANUAL for 1891.)

Rolling Stock, June 30, 1891. — Locomotive engines, 6. Cars — passenger, 3 ; baggage,
mail, and express, 4 ; freight (box, 400 ; platform, 150), 550 — total card, 557. Of the fore-
going, the company owns only 2 locomotives and 45 platform cars.

Operations for year ending June 30, 1891.— Train mileage— passenger, 17,215 ; mixed,
17,042— total, 34,257 miles. Passengers carried, 42,488 ; carried one mile, 854,551 ; average
mile rate, 4.90 cents. Tons of freight moved, 79,234 ; moved one mile, 297,124; average
ton-mile rate, 31.34 cents. Earnings— Passenger, $41,878.04 ; freight, $93,125.66 ; mail,
$2,745.07; express, $3,513.97; other, $2,024.03— total, $143,281.77. Expenses— transporta-
tion, $29,902.45; motive power and cars, $6,924.43; maintenance of way, etc., $25,803.60
general, $9,753.33— total, $72,383.81. Net earnings, $70.897.96. Add rents received, $348 ;
car mileage, $11,712.10— total available revenue, $82,958.06. Paid rentals of cars and loco-
motives, $35,211.79. Balance, surplus, $47,746.27 ; deficit forward, $7,007.44— net surplus,
$54,753.71.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $450,000; bonds and
bills payable, $77,000 ; current accounts, $8,520.33 ; profit and loss, $54,753.71— total, $590,-

POOR'S MANUAL OF RAILROADS. 445

274.04. Contra : Cost of road, $450,000 ; equipment, $15,741.09 ; real estate, $12,352.24 ;
stage line property, $1,252.50 ; cash on hand, $293.94 ; current accounts, $110,636.27— total,
$590.274.04.

The cost of road as above is for the 34 miles to Paul Smith Station. The balance cf cost
of road has not been capitalized, but is to be paid for in capital stock. TLe company is
indebted to John Hurd in the sum of $550,000 for the construction of 22 miles of road, and
in the further sum of $117,536.26 for rental of rolling stock. There is on record a mort-
gage for $825,000, the bonds under which have not been regularly sold, but have been
issued as collateral security for loans and indebtedness, including loan of $150,000 from the
Franklin Trust Co. Since the close of the fiscal year capital stock has been increased to
$840,000.

Directors (elected June 3, 1891). — Edwin Packard, George H. Southard, William C.
Kellogg, Brooklyn, N. Y. ; Edward Kent, L. B. Bunnell, New York, X. Y.; George H.
Maddock, Boston, Mass.; A. C. Allison, Moira, X. Y. ; S. A. Beman, F. J. Hadley, Malone
X. Y.: A. T. Kingsley, John Hurd, Santa Clara, N. Y.; E. E.Berkeley, TupperLake. X. Y.;
P. A. Ducey, Brandon. X. Y.

JOHX HURD, Pres., Treas., Gen, Man., & Purch. Agt. .. Santa Clara, X. Y.

Vice-President— Edwin Packard. ..Brooklyn. N. Y. | Secretary— Crowell Haddon. Jr Brooklyn, X. Y

Auditor— M. A. Chambers Santa Clara. X. Y.

PRINCIPAL OFFICE AND ADDRESS Santa Clara, N. Y.

NORTHERN PACIFIC RAILROAD CO.

(For map of this system see page 447.)

Lines of Road Owned :

Main Line : Ashland, Wis., to Portland, Ore., and Wallula, Wash 2,137.14 miles.

Main Line, Branches and Spurs 27.27

Duluth. Minn., to X. P. Junction, Minn. (^ interest) 24.60

Superior Short Line Ry. : At Connors' Point, Wis 1.54

Little Falls and Dakota Ry.: Little Falls, Minn., to Morris, Minn . . . 89.08
X. P. Fergus & Black Hills RR.: Wadena, Minn , to Milnor, X. D. .117.05

Fargo and Southwestern RR.: Fargo, X. D., to La Moure, X. D 87.41

Sanbom, Cooperst'n & Turtle M'n RR.: Sanborn toCooperstown. X.D. 36.75
Jamest. & Northern RR.: Jamestown to Minnewaukan, X.D. & br'ch. .102.59
X. P.. La Moure & Mo. River RR.: La Moure to Edgeley, X. D .... 21.30

Southeastern Dakota RR.: Fairview Jc., N. D., to Bayne, X. D 14.84

Jamextoicn & No. Ext. RR.: Minnewaukan, N. D., to'Leeds, X. D. . . 18.03

Helena & Jeff. Co. RR.: Prickly Pear, Mont., to Wickes, Mont 20.58

Rocky Mountain RR. of Mont.: Livingston, Mont., to Cinnibar, Mont. 52,61

Northern Pacific & Manitoba RR.: Sundry Lines in Manitoba. Can 263.54

Coeur d'Alene Ry. &Namg.: Mission to Mullan & Wallace to Burke, Id. 38.51

Spokane Falls d- Idaho RR.: Hauser June, to Cceur d'Alene, Id 14.39

Clealum RR.: Clealum, Wash., to Roslyn, Wash 5.39

No. Pac. & Cascade RR.: South Prairie J*c. to Carbonado, Wash., & brs. 17.37
Green River & North. RR.: Palmer, Wash., to Kangley, Wash.. . . . 4.43
Taco,,ia,0rting& S'east. RR.: Orting, Wash., to Puyallup River. Wash. 7.65
Rocky Fork & Cooke City RR.: Laurel, Mont., to Red Lodge, Mont. . 45.43
No. Pac. & Puget Sd. Shore RR.: Meeker, Wash., to Seattle, Wash. . . 31 .42
Duluth, Crookston & No. RR.: Crookston, Minn., to Carthage, Minn. 44.51

United RRs. of Washington : Sundrv Lines in Washington 76.04 — 1,162.33 miles.

Leased lines and lines operated under contract, as per statement following . . .1,006.90 miles.
Operated under trackage rights, as per statement following 42.49 miles.

Total length of lines. Xorthern Pacific System, June 30, 1891 4,348.86 miles.

Average mileage operated during the fiscal year 4.222.20 miles.

2d track owned, 11.83 m. ; sidings owned, 437 in.; 2d track, sidings, etc., all lines, 750.06 ;
total track, all lines, 5,T)99.05— iron, 514.03 ; steel, 4,585.02 miles. Gauge, 4 ft. 8| in.
Weight of rail per yard, 56 and 66 Ibs.

446

POOR'S MANUAL — NORTHERN PACIFIC RR. CO.

History. — Chartered in 1864 ; construction begun in July, 1870, and the entire main line
from Ashland, Wis. to Portland, Ore., opened September 9,1883. The line between N. P.
Junction and Duluth, 23.50 miles, is owned jointly with the St. Paul and Duluth RR. Co.,
each company contributing to its maintenance on the basis of train mileage. (See MAMJAL
for 1885, page 718 ; MANUAL for 1886, pa^e 10 ; and MANUAL for 1888, page 861.)

The Wisconsin Central lines are leased for 99 years from April 1, 1890, on terms as shown
in the statement for the Wisconsin Central Company, page 457.

The St. Paul and Northern Pacific Ry. and the lines built by the Oregon and Transcon-
tinental Co. are controlled under agreements, the terms of which are given in the statements
for the several lines.

In July, 1890, this company acquired a controlling interest in the Seattle, Lake Shore and
Eastern RR. Co. (statement for which see) and guaranteed by endorsement both principal and
interest of its bonds.

On August 18, 1890, the Northern Pacific and Manitoba RR., comprising 263. 54 miles, and
heretofore operated independently % but in the interest of the Northern Pacific, was formally
turned over to the management of this company under contract dated July 1, 1890.

Statement showing termini, length of road, date of lease, etc.. of all lines operated by
the Northern Pacific RR. Co. under lease or contract :

NAME OF COMPANY.

TERMINI.

Length

Miles.

DATE OF LEA^E AND
AGREEMENT.

Terms and Amount
of Rental .

From

To

Commenc-
ing

Ending

Leased Lines and Lines
Oper. under Contiact:
James River Valley RR . .
North. Pac. & Mont. RR.
Central Washington RR..
Duluth & Manitoba RR. .
Spokane & Palouse RR. . .
Helena & Red Mount. RR.

St. Paul&N. Pac. Ry....

Lines Operated under
Trackage Rights :
Great Northern Ry

tqgjKl

Minneapolis Union Ry . . .
Minneapolis & St. Louis.
St. Paul Union Depot
Seattle & Northern Ry. . .

No. Pacific Terminal Co..

Jamest'n, N. D.
(See Company
(See Company
Winnep'gJc.M.
(See Companj
Helena, Mont...

j St. Paul. Min.
j LittleFalls,M.

St. Paul, Minn.

Thro. Mimf olis
Thro. Minn'olis
St Paul

Oakes, N. D. . . .
•'s Statement.)
1s Statement.)
Man. Boundary
1s Statement.)
Rimini, Mont...

Brainerd, Minn.
Staples, Minn...

Minn'p'lte,Min.

63.75
318.54
108.54

205.77
111.52
17.08

(-181.70

Jan. 1, 1886
Oct. 1, 1888
Nov. 1, 1888
June 1, 1887
May 1, 1886
Mc'h 1, 1887

May 1, 1883
Oct. 1, 1882

999 years
999 years
999 years
50 years
999 years
50 years

999 years
Sept.30,1907

] Interest on bds. ,
I and contribti -
tion to Sinking
Fund.

( 40 per ct of gross
4 earnings; int. on
( b'ds guaranteed.

J" 2 p. c. per an. on
co.st & pro'nof
mainten'e exp.

1,006.90

12.12

2.60
1 62

0.56

Sedro

Anacortes

24.27
1.32

1890
Jan. 1, 1883

1891
50 years

In Portland, O.

{Guarantee, joint-
ly with Union
Pacific and So.
Pac. Cos., $3,-
600,000 bond*.

42.49

The mileage operated at the close of the fiscal year was 4,333.18 miles, an increase of
558.41 miles over the previous year, which is accounted for as follows : Operated mileage,
June 30, 1891, as reported, 3,774.77 ; add corrections caused by re-chaining, and spurs to in-
dustries, now included as main line, 29.20 miles ; Green River and Northern extension, 1.53 ;
Northern Pacific and Manitoba RR. lines (by purchase), 2^3.54 ; Northern Pacific and Mon-
tana RR. extensions (details in that company's statement), 122.08 ; South Eastern Dakota RR.
extension, 5.94 ; Duluth, Crookston and Northern RR., extended from Crookston to Carthage,
Minn., 21.71 : Northern Pacific and Cascade RR., extended from Burnett to Pittsburg,
Wash., 2 ; Central Washington RR., extended from Almira to Coulee, Wash., 20; Seattle
and Northern RK. (trackage), from Sedro to Anacortes, Wash., 24.27; Spokane and Palon-e
RR. extension, 6.09; United RRs. of Washington (by purchase), 65.75 miles— total, 562.11
miles. Deduct C., St. P., M. & 0. Ry. trackage abandonel, 3.7— net increase for year,
554.41 miles.

447

448

POOR'S MANUA-L — NORTHERN PACIFIC RR. CO.

Since the close of the fiscal year the mileage of this company's system has been increased
by extensions of the following named roads : Cceurd'Alene Ry. and Navigation, 11.08 ; United
RRs. of Washington, 19.13 ; Spokane and Palouse RR., 37.90 ; Northern Pacific and Mon-
tana RR., 35.84— total, 173.04 miles. Mileage of system, as per statement on page 445, 4.348.86
— total, 4,45*2.99 miles. Deduct Seattle and Northern Ry. trackage, abandoned December
31, 1891, 24.27 miles, leaving net mileage, Northern Pacific system, December 31, 1891,
4,428.72 miles, on which were 742.49 miles of second track and sidings, making total of all
tracks, 5,171.21 miles, of which, 4,273.01 were laid with steel rail.

Rolling: Stock, June 30, 1891.— Locomotive engines (owned, 495 ; leased, 108), 603. Cars :

PASSENGER TRAIN CARS (358).

FREIGHT TRAIN CARS (18,019).

SUNDRY CARS (1,718).

Description.

Owned.

Leased.

Description.

Owned.

Leased.

Description.

Owned.

Leased.

First Class Coaches
Sec'd Class Coaches
Third Class Coaches
Emigrant Sleeping.

69
45
5
40
24
20
98
8
8

10

Box

6,735
166

849
4,045
30

2,630
50

Boarding.

87
1
10
17
1
10
16
1
6
1,471
97 •
J

••• •

Refrigerator

Painter

Stock

Flat

Pile Drivers
Steam Shovels
Stone Derrick
Wrecking
Tool

20

'"550

Fruit
Furniture

Passenger and Bag.
Baggage, Mail & Ex.
Business
Superintendents' . .

11

Beer

43
4
330
332
1.200
216
335
4

Flat with Oil Tanks
Oil

'"266"
300

Car Snow Plough .
Rot. Snow Ploughs
Hand and Push.. .
Velocipede

Coal Cars (4-wh.)...
Coal Cars (8-wh.)...
Logging
Caboose

Scale Test Car

Ferry

In addition this company owns 6 steamers and 2 barges, and -J- interest in 45 Pullman
sleeping cars. The following equipment was acquired with the Northern Pacific and Mani-
toba RR. : 9 locomotives, 7 passenger, 1 combination, 3 baggage, 1 business, 278 box, 10
stock, 180 flat, 6 caboose, 1 boarding car, and 1 steam shovel.

Operations for year ending June 30, 1891. — See tabulated statement.

Earnings.— Passenger $6,680,491 37

Freight 17,531,222 38

Mail 479,574 88

Express 378,200 57

Miscellaneous 82,05489

Total ($5,956.98 per mile) $25,151,544 09

Expenses.— Maintenance of Way $4,150,321 91

Maintenance of Cars |

Motive Power

Transportation

General

Taxes . .

2,189,038 50

7,039,446 14

1,561,595 63

460,594 44

J.GUU ^o,yoo.y» per mue; ^0,101, 044 uy loiai (.^,D4Y.o« per muej $jo,4UU,yvm vz

Net earnings (38.77 per cent.), $9,750,547.47. Payments shown iu Profit and Loss AccoTuTt
following :

Profit and Loss Account, year ending June 30, 1891.

Balance, June 30, 1890.

Amount Invested in Sinking Fund prior

to June 30, 1890 ..

Gross Earnings $25,151,544 09

Expenses and Taxes 15,400,996 62

Interest and Dividends on Investments. .
Land Receipts Applicable to Sinking

Funds

Rentals of Tracks and Other Property . . .
Sundry Accounts

$1,576,998 72 Rentals, Leased Lines and Terminals .... $1,133,669 48

Rental of Equipment 22S. II I 77

Guarantee to Branch Roads 1,014,698 05

Interest on Funded Debt 6,247.<>; 1 28

—9,750,547 47 j Payments under Lease— Wisconsin Cen-

742,420 26 I tral Lines and Chicago Terminals 387, :!(.:> 43

Town Property and Branch Road Land

478,912 84 Expenses in Excess of Receipts 16,611 97

290,091 86 Premium on Bonds Called for Sinking

64,530 28 j Fund 73.60000

Traffic Contract— Puget Sound & Alaska

SS. Co 54,928 42

Interest other than on Funded Debt .... 105,71 ', M

Permanent Improvements on Main Line. 153,<>3!» !C>

Dividends, !Tos. 5, 6, 7, and 8 1.472.46600

Balance, June 30, 1891 5,335,651 42

Total Receipts $16,223,867.58

Total Payments $16,223,867.58

American Bank f^ote (Company,

78 TO 86 TRINITY PLACE, NEW YORK.

BUSINESS FOUNDED, 1795.— INCORPORATED UNDER LAWS OF STATE OF NEW YORK, 1858. — REORGANIZED, 1879.

ENGRAVERS £ PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange, Letter Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IN THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES,
WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING.

Special papers manufactured exclusively for use
of the Company.

SAFETY COLORS.- -SAFETY PAPERS.

WORK EXECUTED IN FIRE-PROOF BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,

AND

ILLUMINATED SHOW CARDS

OF THE MOST APPROVED STYLES.
NUMBERED, LOCAL AND COUPON TICKETS, of any Size, Pattern, Style, or Device with Steel Plate Tints.

AMD TYF>K PR IN XI NO.

SHOW CARDS, LABELS, CALENDARS.

Blank: Books of Every Description

TRUSTEES :
JAMES MACDOXOUGH, PRESIDENT.
AUG. D. SHEPARD,— VICE-PRESIDENTS— TOURO ROBERTSON.

THEO. H. FREELAND, SECRETARY AND TREASURER.
JNO. E. CURRIER, ASST. SECRETARY. I. K. MYERS, ASST. TREASURER.

P. C. LOUNSBURY, JOS. S. STOUT, J. B. FORD,

T. H. PORTER, W. J. ARKELL, E. C. CONVERSE, ELLIOT!' F. SHEPARD.

• — "

NG'D BY AMERICAN BANK NOTE COlNEW YOB

NOW READY.

MONEY AND ITS LAWS:

EMBRACING

A HISTORY OF MONETARY THEORIES

AND

A HISTORY OF THE CURRENCIES

OF THE

UNITED STATES.
By HENRY V. POOR.

Published by H. V. & H. I. POOR, 70 Wall Street, New York,

1 vol., royal octavo, cloth, pp. xl., 623.
Price, $5.OO.

Sent, free of postage, upon receipt of price, by the publishers, and for sale by all booksellers.

Of the excellence and completeness of the work the publishers present the following
testimonial :

" The undersigned, having carefully examined the work recently published by Mr. HENRY V.
POOR upon the subject of MONEY, hereby express their conviction that he has unfolded its NATURE
and LAWS with an amplitude and clearness which have all the force of demonstration. His assump-
tion of treating money as a subject coming within the range of the exact sciences has been well
sustained. The application of the principles laid down in the first part of his work cannot fail to
restore order in the place of the chaos of opinion which now prevails, and to point out. unmistakably,
the conditions necessary to a restoration of the currency of the country to the standard < >i' coin. We
commend the work to the public as an able, scholarly, painstaking, and exhaustive treatise upon a
subject in which is involved, more than in any other now engaging their attention, the welfare of
the people of the United States."

GEORGE S. COE, President American Exchange National Bank, New York.
J. D. VERMILYE, President Merchants' National Bank, New York.
JOHN CUMMINGS, President Sliawmut National Bank, Boston, Mass.
JAMES H. BEAL, President Second National Bank, Boston, Mass.
WINSLOW, LANIER & CO., Bankers, New York.
JAMES A. DUPEE, Treasurer Hamilton & Appleton Mfg. Co , Boston, Mass.

POOR'S MANUAL — NORTHERN PACIFIC RR. CO.

449

" Rentals of Leased Lines and Terminals " in preceding account consists of St. Paul and
Northern Pacific, $1,024,057.94 ; Northern Pacific Terminal Co., $15,021.65 ; Great Northern
By. Co., $35,857.67; Chicago, St. Paul, Minneapolis and Omaha, $1,921.15; Minneapolis
Union, $46,516.52 ; Seattle and Northern Ry., $7,727.88; Ashland depot, $2,100 ; property at
Winnipeg, $466.67— total, $1.133,669.48.

Dividends paid on the 15th of October, January, April, and July, 1 per cent. each.

Statement of operations, capital account, etc., for seven fiscal years, ending June 30 :

1885

1886

1887

1888

1889

1890

1891

Miles RR. (aver.") Oper.
Passenger Train Miles.
Freight Train Miles
Passengers Carried . . .
Passensrer Miles
Freight (ions) Moved ..
Freight (too) Miles

Passenger Earnings
Freight Earnings
Other Receipts

Gross Earnings ....
Expenses and Taxes . . .

Net Earnings
Interest and Dividends .
Other Receipts

. Total Revenue
Rentals

2,495.56
2.054, 7->2
2,838,017
609,686
84,861,601
1,256.880
391,068.197
*

8,075,888

7,446.266
712,002

2.71S.OO 2,875.90
2,250,456 2,308,747
3,231,046 4,416.944
701.404 979.508
90,571.846 111,958,786
1,547.026 2.128.166
481,855.938 537,180,940
S $
2.897,2181 3,269,703
8,189,615 8,730.547
643.694 789.198

3,219.30
8,281,880

5,427,226
1,343,737
159,483,895
2,597,897
704.772,506

4,677,888
10,426,245

842.185

3.439.40 3,584.80
3.708,530 3,808,752
7,208,276; 8,414,961
1,606,497 2,214,704
223,832.049 231:382,920
2.877,978 3.569,969
874,781,233 1,095,880,073

5124.163 6J67,702
12,877,838 15,600.320
1.005,467 842,481

4J222.20

4,794,188

8,660.880
3.112.122
244.321,201

4.3ws.*i9

1,258.266,789

6!6>0.491
17,531.222
939.831

11.2:34.150
6.196,301

11,730,52;
6,156,265

12.789,448
7,173.020

15,846.328
9.266,885

19,707,468' 22.610,503 25.151,544
12,185,945 13,463,746 15,400,997

5,037,849
168,669
24,552

5,574,263
295,897
19,938

5,616,428
461.428
12,939

6.579,443

548,538

7,521,523 9.146.757
284,016 267.448
248.310 1,073,724

9.750.547
537.009
l,056,gj|
^|
11.343.082
1.749.479
6,352,792
73,600
1.014.698
1,472,466
242.360
438,287
5.956 98
3.047 02
2,30936
61. 23 p. c.
2.63c.
1.38 c.
5.323.67
495
205*
118
14,289
1.734

16,346*
-
49.000,000
30.658.612
124.306,000
045.500
15.106,000
11,350.000
2.103,331

5,231,070 5,890,098
581.144 670.748
4,123,9491 4,339.094
50.376 55.633
352,154 673,650

6,090,795
752.758
4,456,536
112,699
696.650

7,127,981 8,053,849
7S2.359 1.159:263
4.703:955 4.917,833
2-24.095 343.309
881,073 1,060,739

10,487,929
1,424,021
5,115,752
301,918
1,333,008
1.112.732
253,339
947,159
6.272 00
3.635 53
2,636 47
59. 55 p. c.
2.55C.
1.40c.
2,352.64
407
188*
111"
11,704
1.489

Interest

Sinkin" Fund

Guar. to Branch Roads.
Dividends

Other Payments
Balance

31,487
91.960
4.501 65
2:482 73
2,018 72
55. 16 p. c.
3.32 c.
1.78 c.
2,017.19
391
175|
87
8,996
1.231

39.773
111,200
4.315 87
•2.265 00
2,06087
52. 48 p. c.
3.02 c.
1.67c.
2.07S.59
386
178|
89
9.174
1,099

6,445
65,707
4.447 11
2.494 18
1.952 93
56. 09 p. c.
2.73C.
1.68 c.
2,159.55
412
169*
90"
10.495
1,208

17,813
518,686
4.922 29
2,878 54
2,04375
58.48 p. c.
2.70c.
1.45 C.
2,154.74
890
166f
90"
9,601
1.359

91.228
481,477

5.687 31
3.543 04
2,144 27
60. 20 p. c.
2.50c.
1.43c.
2.161.15
396
164j
93"
9.645
1,425

Earnings per Mile
Expenses per Mile
Net Earnings per Mile. .
Expenses to Earnings. .
Aver. p. Pass. p. Mi.e..
Aver. p. Ton p. Mile...
Miles Road Owned
Locomotives 1 .
Passenger Cars . . . [ "g
Baggage, etc.. Cars }. =
Freight Cars | *
Other Cars ju

Total Cars .

10,880i

49,000,000
38.610,584
67,733,500
4,640,821

10,5351

49,000,000
38,058.311
68,236.500
4.610,821

11.962*

s

49.000,000
37,786,199
72,069,500
4,640,821

ii,8i6*

49,000,000
37,488.618
80.334.000
1,274.500
18,768,000
3,033,065
1,894,252

11.327* ! 13.492*

49,004000 49!oOO,000
37.172.57S 36.983.324
82,503,000 108,470,278
935,500 749,500
20,981,000 22.204.000
1.975,0001 475,000
1,94.3,300 2,074,137

Common Stock

Preferred Stock...
Funded Debt
i Dividend Certificates . " .
Contingent Liabilities

Bills Pavable

765. 9SO
1,857,703

883,824
1,253,970

1,0.54.401
1,969,911

Int. Due and Accrued. .
1 roceeds L'nd Sales
tlsaiid Guarantees
Braking Funds

375,66i
2,494,004

2.205.23;*
2,008,886

"4,023,643
1,269,030

596.569
3,420.513

1,167,808

54.307

618,194
2.205,239

957.71U
2,205,239

1,178.931

1,701.341
2,205.239
1,502,445

ngslnv. in Equip.
Contracts

2.505.671 2.778.290
376.713 374.298
6,288,382 5.85U.18.2
1,576,999 5,335.651

Dividends Unpaid

i Sundry Accounts . . .
Prof and Loss

Total Liabilities .
•>f Property

2,176",66i

91.960

2.217,467
203.160

3,499,909

268,867

4,518,819
787,552

167,136,755 169,202,794
155.0S0.387 156,600,373

174.631,497

160,102,306

202,508.431
164.229,980
19.767.301 !
4,939.0-24!
1,572.494
1,701,341,
4,315,82!):
214,557
3,177,184
599.392
1.991.329

206,891.181
164,46
22.208,731
3,231,882
2,206,646
2,494,004
5,119,147
334,902
4.162.646
717.14:;
1,988,894

234,721,006!
180.484.350
26,884.285
4.976.252
2,36i>.'Jfi2
3,420,514
5.581,460
197,687
5.353,009
140,931
5.321. 550

254,744,672
193,811,5%
29,866,679
7,268
2,149,258
808,065
5,669.890
197,417
6,155,050
6,111.855
2,406,811

Contingent Assets...

Stocks and Bonds..
Materials and Supplies
Trustees Sinking Funds
Deferred Land Pavm't<
to Retire Bonds
•• Accounts
Bills Receivable . .

2,090.894 2.055.099
1.413,056 1.171,279
49.784 880,391
3,230,791! 3,676.204
393.562 73.154
2,391,570 2,515.447

2.23S.713
1,425,446
957,719
3.887,666:
189,908:
3,88
557.765,
1,932,266!

2,496.711 2.230.247

Total Assets

167,136.755 169,202.794

174.631,427 202,508.431, 2uf>>'J1.181

234.721,006 254,744,672

450

POOR'S MANUAL — NORTHERN PACIFIC RR. CO.

General Balance Sheet, June 30, 1891.

Railroad, Telegraph, Equipm'tA Lands. $193,811,595 60

Contingent Assets

Sundry Stocks and Bonds

Cash in Hands of Trustees Applicable

only to Retirement of Bonds

Trustees of Sinking Funds

Accounts Receivable

Bills Receivable

General Supplies on Hand

Deferred Payments Account Land Sales.

Cash

Bills Receiv., Account Chic. Terminals..
Suspense Account— Balance. . .

.$193,811,595 60
29 866 679 00

Capital Stock— Common. $49,000,000 00

7,268,051 06

Funded Debt

124 951 500 00

e

Contingent Liabilities.

15 166 000 00

197,416 85
808,065 32
6,097,211 09
126,408 22

Interest Due and Accrued
Rentals, Taxes, & Int. Accrued not Due.
Guar. Int. & S. F. Br. RR. Bonds
Dividends Due and Unclaimed

2,103,331 13
563,757 59
604,049 81
7 312 00

2,149,257 72
5,669,890 05

Dividends due July 15, 1891
Bills Payable

366,986 00
5 064 552 53

2,406,810 84
6^285,447 47
57,838 83

Bills Payable acct. Chicago Terminals..
Unpaid Balances Land Contracts
Accounts Payable. ..

6,285,447 47
2,778,289 44
5 859 182 21

Profit and Loss

5,335,651 42

$254,744,672 05

Total Liabilities . . J

^254.744.672 05

The preferred stock is convertible, at par, into any lauds of the coiapany east of the
Missouri, in Minnesota and Dakota, and is also extinguishable by the proceeds of all such
lands sold. The stock is entitled to 8 per cent, non-cumulative dividends from surplus earn-
ings, after payment of all interest and sinking fund charges, and cost of new equipment, if
necessary, and to share equally with common in any surplus over 8 per cent, on both issues.

«the original isme of preferred stock ($51,000,000), $14,341,387.55 have been cancelled by
d sales.

The amount due the preferred stock under the plan of reorganization amounted June
30, 1889, to $2,844,429.63. This has been set aside in consolidated bonds at 85 per cent, of
the par value of $3,347,000, for the benefit of the preferred stock. This reserve fund
remains intact, it not having been necessary to draw upon it during the past fiscal year. It
is proposed to convert this deposit of bonds into a trust for the benefit of the preferred share-
holders.

The deferred payments on account of land sales, amounting as per balance sheet to $5,.
669,890.05, bear interest at the rate of 7 per cent. —

Are Applicable to Retirement of Preferred
Stock and Bonds as follows :

Preferred Stock $444,233 82

Missouri Division Bonds 122,467 82

Pend d'Oreille Division Bonds 2,324,898 97

Sinking Fund, Gen. First Mortgage 2,778,289 44

Total

.$5,669,890 05

And are Outstanding on the following
Divisions :

Minnesota and Dakota Divisions 444,233 83

Montana and Pacific Divisions 2,778,289 44

Missouri Division 122,46782

Pend d'Oreille Division 2,324,898 97

Total $5,669,890 05

The funded debt ($124,951,500) outstanding June 30, 1891, consisted of—

1st mortgage (Mo. Div., 219.3 miles), 6 p. c. 40-year bonds, due May 1, 1919 ; interest May and Nov $1,965,000

1st mtge. (Pend d'O. Div., 225 in.), 6 p. c. 40-year bonds, due Sept. 1, 1919 ; int. March and Sept 1,348,000

General 1st mortgage gold 6 per cent. 40-jrear bonds, due Jan. 1, 1921 ; interest January and July 44,48*2,000

General 2d mortgage 6 per cent. 50-year bonds, due Dec. 1, 1933 ; interest April and October 19,626,000

General 3d mortgage 6 per cent. 50-year bonds, due Dec. 1, 1937 ; Interest June and December 11,298,000

Dividend Certificates extended, January 1, 1888-1907 ; interest 6 per cent. January and July . <Ur>. ."(><>

Consolidated mtge. 5 per cent. 100-year bonds, due Dec. 1, 1989 ; interest June and December 42,587,000

Trust Equipments, 7 per cent. 1888-1898, interest Jan., April, July, and October *" 3,000,000

Total funded debt as per general balance sheet $124,'.):)1,.VM>

Less general first mortgage bonds purchased for pinking fund 2,461,000

Missouri Division mortgage bonds purchased for sinking fund 165,000

Pend d'Oreille Division mortgage bonds purchased for sinking fund 220,000

General second mortgage bonds purchased for sinking fund 374,000

Total $3.220,000

Total interest bearing fund debt 121,731.r>'»"

The annual interest charge on this amount is ...

The Missouri Division bonds are a first lien on the line from Missouri River to Yellow-
stone, 205 miles, and on the lands appertaining to that division, and are receivable at par and
accrued interest in purchase of said lands. The bonds may also be retired at any time with
proceeds of land sales, or may be called in after May 1, 1884, to the amount of one per cent.

POOR'S MANUAL — NORTHERN PACIFIC RR. CO. 451

per annum for sinking fund. The original issue provided for was $2,500,000, being at the
rate of nbout $12,000 per mile. The decrease from this amount to that shown in the fore-
going statement of bonded debt was the result of the application of proceeds of land sales,
etc. Denominations, $100, $500, and $1,000. Holders of coupon bonds may register same.
Trustee, Farmers' Loan and Trust Co., New York, X. Y. Listed on the New York Stock
Exchange.

The amount of bonds provided under the Pend d'Oreille Division mortgage was $4,500,-
000— $20,000 per mile. Denominations, $100, $500, and $1,000. The bonds are secured on
22") miles of road, from the mouth of Snake River, Wash., to Lake Pend d'Oreille, Idaho,
and on the lands appertaining to that division, and are receivable at par and accrued interest
in purchase of said lands at appraised value. The bonds may be redeemed at any time from
proceeds of land sales, or may be called in after September 1, 1884, to the extent of 1 per cent,
per annum for sinking fund. Trustee, Farmers' Loan and Trust Co., New York, N. Y.
Listed on the New York Stock Exchange in sums of $1,000.

The general first mortgage gold bonds are secured on the entire railroad and property,
including the land grant, except the lauds in Minnesota and Dakota east of the Missouri
River, and subject only to the lien of the Missouri Division and Tend d'Oreille Division mort-
gages, and an amount of the general firsts sufficient to discharge those are held by the trustee.
The lands in Minnesota and Dakota east of the Missouri River are pledged to the redemption
of the preferred stock ; but in the event of a default in the payment of interest on these
bonds, those lands become an additional security for the payment of the general first mort-
gage. The bond? are in coupon form, for $1,000 each, with provision for registration as to
principal, such registered bonds being re-exchangeable into bonds to bearer ; or they may be
exchanged for full registered bonds in sums of $5,000, which registered bonds may not be re-
transferred to bearer. There is a sinking fund of 1 per cent, per annum, beginning January 1,
1886, for purchase of bonds in the open market, at not exceeding 110 ; but if such purchases
cannot be effected, the bonds are drawn at 110 and accrued interest, none of the registered
bonds to be drawn until all the coupon bonds shall have been redeemed. The bonds are
receivable for lands at 110, and proceeds of land sales may be applied to payment of interest
on them if the earnings of the road are insufficient. Drawings for the sinking fund are
made about May and November, and drawn bonds are paid off at once ; but if not presented
immediately they carry interest to the interest day following the drawing. Principal and
interest payable in New York, free of all United States taxes. Trustee, Central Trust Co.,
New York. Listed on the Stock Exchanges of New York and London.

The general second mortgage gold bonds are secured on the same properties, but are sub-
ject to the lien of the general firsts, to which they are in all respects similar, as to security,
provision for registration, redemption, etc., except that the sinking fund did not begin till
October 1, 1888. Trustee, Farmers' Loan and Trust Co., New York. Listed on the Stock
Exchanges of New York and London.

The general third mortgage gold bonds are in all respects similar to the general firsts and
seconds as to security, provision for registration, redemption, etc., except that the sinking
fund does not begin till January 1, 1894 ; and that the rate of redemption is 105 per cent.
The mortgage is for $12,000,000, and the unissued balance is reserved to retire the outstand-
ing dividend certificates. Trustee, Farmers' Loan and Trust Co., New York. Listed on the
Stock Exchange of New York and London.

The dividend certificates are for $500 and $1,000 each. They were issued January 1,
1883, in payment of 11^ per cent, on preferred stock, that amount representing net revenue
applied to capital purposes up to July 1, 1882. The original issue fell due January 1, 1888,
but were extended to January 1, 1907, the company having the option of redeeming them on
any interest day after 1902, on thirty days' notice. These certificates are included in the
general third mortgage, and may be exchanged for bonds issued under that mortgage till
January 1. 1893, upon adjustment of interest. Listed on the Stock Exchanges of New York
and London.

The authorized issue of consolidated mortgage bonds is $160,000,000, and by the terms of

452

POOR 8 MANUAL — NORTHEBN PACIFIC RR. CO.

the mortgage they are to be issued as follows : For retiring general first, second, and third
mortgage bond?, $75,000,000 ; for retiring bonds of branch lines, $26,000,000 ; for building
and acquiring additional roads, $20,000,000 ; for enlargement, terminals, etc., $20,000,000 ;
for premiums on bonds exchanged, $10,000,000 ; for general purposes of the company, $9,-
000,000. They are $1,000 gold coupon bonds, with provision for registration of principal ;
payable botli principal and interest (which latter is free from all taxes) at the office or agency
of the company in New York. Certificates of $5,000 each, for the registration of both prin-
cipal and interest, are issued in exchange for coupon bonds surrendered for exchange and
cancellation. The bonds are a lien, subject to prior mortgages, on the entire property, rights,
and franchises now owned by the company, or which may hereafter be acquired, including
all of its land grant except the lands in Minnesota and Dakota east of the Missouri River.
Bonds may be registered and transferred at the office of the treasurer of the company, New
York. Trustee, Farmers' Loan and Trust Co., New York. Listed at New York Stock Ex-
change to February 1, 1892, $45,329,000.

Under the operation of the consolidated mortgage, the funded debt is converted from a
sinking fund to a non-sinking fund debt by reason of the fact that consolidated mortgage
bonds take the place of prior bonds retired by operation of the sinking funds. Under this
provision there has been acquired by the company $l,b22,000 in consolidated bonds in lieu of
a like amount in first and second mortgage bonds retired by action of their respective sinking
funds.

Up to the end of the fiscal year, underlying branch bonds to the amount of $12,350,000
have been retired by the substitution of a like amount of consolidated bonds, making the
latter a first lien on 612.59 miles of completed road. There has also been issued $15,944,000
of consolidated bonds for the construction and acquirement of new road aggregating 663.72
miles, on which they are also a first lit n. The consolidated mortgage bonds, therefore, are
now secured by a first lien upon 1,276.31 miles.

In addition to its bonded debt, as above, the Northern Pacific RR. Co. is liable, under
lease agreement, for interest on bonds of the St. Paul and Northern Pacific RR. Co., of which
there were outstanding on June 30, 1891, $7,923,000; and, under joint guarantee, for interest
on $3,000,000 bonds of the Northern Pacific Terminal Co. of Oregon; and, under guarantee,
for interest and sinking fund charges on bonds of branch roads, amounting to $14,599,000
as shown in the following statement :

Description of Mortgages.

Miles
Road.

Date of

ANNUAL INTEREST

Amount
Outstand-
ing.

Annual
Interest
Charge.

Sinking
Fund

Charge.

Issue.

Maturity.

Rate.

When
Payable.

James River Valley RR., 1st Mtge
Spokane and Palouse Ry., 1st Mtge
Dulnth and Manitoba RR., 1st Mtge
Duluth and Manitoba RR. (Dak. Div.)..
Helena & Red Mountain RR.. 1st Mtge.
Central Washington RR.. 1st Mtge
North. Pacific & Montana RR., 1st Mtge.
Cceur d'Alene Ry and Nav Co

64.20
111.52
110.00
96.74
17.25
108.54
318.54
39.48

1886
1886
1886
1887

1887
1888
1888
1888

Jan. 1936
May 1936
July 1936
June 1937
Mar. 1937
Sept. 1938
Sept. 1938
Oct. 1 1938

6
6
6

c,
6
6

Jan. & July
May & Nov.
Jan. & July
June & Dec.
Mar. & Sep.
Mar. A Sep.
Mar. & Sep.
A pi. & Oct.

$
963,000
1,766,000

1.650.000
1,451,000
400,000
1,750,000

5,381,000
1,238,000

57,780
106,560

99.000
87,060

24,000
105,000
322,860

74.^0

'Xt;30

14,5111
4,000

Laud Grant. — This company received from Congress a land grant of 20 sections, or 12,800
acres per mile within the States (Wisconsin, Minnesota, and Oregon), and of 40 section
25,600 acres to the mile within the Territories (Dakota, Montana, Idaho, and Washington),
through which its road passes. The nominal extent of this land grant is about 47,000,000
acres. By the construction of its road previous to June 30, 1879, the company claimed to
have earned 10,579,200 acres— 7,891,200 in Minnesota and Dakota, and 2,688,000 in Or.
and Washington Territory. Against this there had been certified to the company 746,390
acres. The total sales to same date had been 2,312,129 acres, of which 686,000 were
before the reorganization. By the completion of the main line of road, the company acquires
title to the total extent of the grant.

POOR'S MANUAL — NORTHERN PACIFIC RR. CO.

453

StaU •in.'iit showing the operations of the land department by divisions for the year end-
ing June 30, Is'.'l (the net sales only are given, the cancelled sales being deducted):

LAND
DlTIBIOKfl.

SAI.K-.

T..\\N LOT
SAI.KV
! Total.

Receipts.

Expenses.

Net
Receipts.

Deferred
Payments,
June 30,

1891.

Acre*.

Amount.

No.

Amount.

Minn.Jfc Da. 130.177.89
Missouri... 1.659.02
Pendd'O...
P.. 159.336.33

$

7 01 53

J8 06 1206
$37, Ml •-'.» *12

•0 330.704 01
*8,064 55 *2.S03 4S
24,896 00 304,624 06
8,656 05 846.247 25

s

441.241 43
11.629 38
529,508 63
731.S4VI 41

117.096 ro 324.144 73
33,710 78 (If. 22,081 40
151,785 -
252.93657 4

444.233 82
122,

2.32;
2.77S28944

Totals... 356,152.18 1.450,45734 118

27,584 50 1,450.457 34 1,714,228 85, 555,529 90 1,158.698 95 5,669,890 05

* Deficit, the cancellation of town lot contracts in excess of sales for the year.
t The Pend d'Oreille Division, 206 town Jots and 30.84 acres.

The total number of purchasers of land during the year (exclusive of Minnesota timber
lard sales) was 1,717, showing an average of 109.07 acres to each. The receipts from Min-
nesota aud Dakota Division land sales included $324,711.35 in preferred stock, which is re-
ceived at par for lands sold oil that division. The amount of preferred stock received for
lands was: In 1891, $324. 711. 35 ; in 1890, $189.254.11 ; in 1889, $316,040.26 ; in 1888, $297.-
581 ; in 1887, $272,111.82 ; in 1886, $552,273.33 ; in 1885, $1,196,484.08 ; in 1884, $1,725.570.-
70 ; in 1883, $159.668 30 ; and in 1*82, $403,456.75.

The land grant to the company was conditioned upon the completion of its road prior
to July 7, 1876 ; but subsequently an extension of three years was granted.

TTithin the States the company was allowed to go beyond the 20-mile limits, provided
the 20 sections of the public or unoccupied lands could not be found within those limits, and
•within the Territories the company was allowed to go beyond the 40-mile limits.

" The Land Forfeiture Bill as agreed upon by the Conference Committee, passed the
Senate and House, and was signed by the President of the United States on September 29..
1890. This bill provides that there shall be forfeited to the United States all lands hereto-
fore granted to and in the construction of railroads, ooposite to and coterminous with the
portion of any such railroad not completed at the date upon which the bill became a law.
This forfeits that portion of the company's grant lying between Wallula and Portland, but
confirms the rest of the Northern Pacific laud grant to the company.''

Sales for fiscal year ending June 30, 1891, 436,771.69 acres ; amount, $1,717,556.40;
average per acre, $3.93. Sales cancelled, 70,619.51 acres, representing $265,370.93 deferred
payments ; rebates for improvements, $1,728.13 ; net land sales for the year, 366,152.18 acres
for $1,450,457.34. Add sales, timber, town lots, etc., $93,152.14. Total uew business,
$1,543,609.48.

Following is the acreage selected, and certified to the company up to June 30, 1891 :

CT.TP Place
Limits.

Indemnify
Limits.

Total.

Wisconsin 2 195 30

6 436 75

8 63° i"1}

Minnesota . 133437368

694 284 58

o 02*.

North Dakota ... 590906569

1 2iJ7 515 04

7 116 580 73

Montana 4 O17't585 37

767 94Q 73

4 785*635 10

Idaho ' go'gQg 40

°7 844 06

1'2A R1S 46

"Washington 6 484*314 58

933 167 10

7 4i~

Oregon 27! g^g QQ

°45 ':JS6 39

iic qq»> 47

Totals 18 015 °40 10

3 882 583 65

1 °1 8fi~ P

Patents for 302,094.99 acres of land in the first indemnity limits in North Dakota have
been received by the company during the fiscal year, making the total acreage for which the
company now holds patents 1,594,899.77 acres, of which in Minnesota, 1,289,788.70; in Wash-
ington, 3,016.08 ; and North Dakota, 302,094.99. lu addition to the fees for lands now pat-

454 POOR'S MANUAL — NORTHERN PACIFIC SYSTEM.

ented, the company has paid its proportion of the costs to the government of making surveys
of lands as follows : In Wisconsin, 2,195.80 acres ; in Minnesota, 259,433.42 acres ; in North
Dakota, 4,810,702.06 acres ; in Washington, 12,333.84 acres; and in Oregon, 422.75 acres-
total acreage yet unpatented on which purvey fees have been paid, 5,085,147.37 acres. The
total amount of survey fees paid to the government by the company to date is $174,941.98.

Approximate acreage earned to June 30, 1891, 46,824,960 acres. Total sales to June 30,
1891, 7,749,424.19 acres, leaving unsold at that date, 39,075,535.81 acres.

The dividend certificates fell due January 1, 1888, and $1,274,500 were extended to
January 1, 1907, the company, however, reserving the right to pay off the principal on
any interest day after 181)2, and agreeing to include them in any mortgage prior to their
redemption.

Annual meeting, third Thursday in October ; books close about three weeks previously.
Interest on bonds payable at the office of the Treasurer in New York. Only stockholders of
record allowed to vote. Trustees of bonds, Farmers' Loan and Trust Co. and the Central
Trust Co., of New York, N. Y. Registrar of stock, The Farmers' Loan and Trust Co. Stock
and first, second, third, and consolidated mortgage bonds listed on New York Stock Exchange.

RAILROADS LEASED TO OR OWNED BY THE NORTHERN PACIFIC RR. Co.

:les. Operated by the Northern Pacific RR. Co., under lease. Capital stock, $1,500,000. Funded debt, 1st
jrtgage 6 per cent. $1,000 gold bonds, dated September 1, 1888, due September 1, 1938, interest payable March
d September, authorized at the rate of $20,000 per mile. $1 ,750,000— total stock and bonds, $3.250,000. JAMES

CENTRAL WASHINGTON RAILROAD COMPANY.— Cheney to Coulee City, Wash., 108.54
miles. Operated by the Northern Pacific RR. Co., under lease. Cajrital stock, $1,500,000. Funded debt, 1st
mor
and

B. WILLIAMS, President ; George H. Earl,' Secretary : George S. Baxter, Treasurer, New York, N. Y. GENERAL
OFFICE, Tacoma, Wash.

DTJLTJTH AND MANITOBA RAILROAD. -Winnipeg Junction, Minn., to Grand Forks, No.
Dak., 110 miles, including two spurs ; and from Grand Forks to International Boundary Line, near Pembina, 9(3.70
miles (Dakota Division). Leased to Northern Pacific RR. Co. for 50 years from June 1, 1887, that company agree-
ing to pay, as part of the rental, the interest on the bonds and the semi-annual instalments for the sinking fund
sufficient to redeem the bonds at maturity. Financial Statement.— First mortgage 6 per cent, bonds, due July 1,
1936, interest January and July, $15,000 per mile, issued $1,650,000. First mortgage 6 per cent, bonds, Dakota
Division, due June 1, 1937, interest June and December, $15,000 per mile, issued $1,451,000. Both issues listed on
New York Stock Exchange. Trustee, The Farmers1 Loan and Trust Co. JAMES B. WILLIAMS, President : George
H. Earl, Secretary : George S. Baxter, Treasurer, New York, N. Y.

HELENA AND RED MOUNTAIN RAILROAD.-Helena, Mont., to Rimini, Mont., 17.08 miles.
Sidings, 1.25 miles. This road was built in 188'i, being completed and opened on December 15 of that year. It is
operated by the Northern Pacific RR. Co., which guarantees interest and sinking fund charges as part of the
rental. Capital stock, $400,000 ; funded debt, 1st mortgage 6 per cent. 50-year bonds, due March 1, 1937, interest
payable March and September, $400,000— total stock and bonds, $800,000. The bonds are for $1,000 each, and are
coupon, with privilege of registration. There is provision for a sinking fund for the retirement of the bonds after
March 1, 1897, at 105 and accrued interest. Principal and interest are payable in gold, in New York, at the office
of the Northern Pacific RR. Co., by whom the bonds are guaranteed. Trustee, Farmers1 Loan and Trust Co.,
New York N. Y. JAMES B. WILLIAMS, President ; George H. Earl, Secretary ; George S. Baxter, Treasurer,
New York, N. Y.

JAMES RIVER VALLEY RAILROAD.— Jamestown to Oakes. No. Dak., 63.75 miles. Road
opened in November, 1885. Leased foi 999 years to Northern Pacific RR. Co.; rental, interest on bonds and sink-
ing fund charges. Capital stock, $1,000,000 ; funded debt, 1st mortgage 6 per cent. 50-year gold sinking fund $1.-
000 bonds, due January 1, 1936, interest January and July, at Northern Pacific office, New York, N. Y. ($15.000
per mile), $963,000. Bonds listed on New York Stock Exchange. Trustee, Farmers1 Loan and Trust Co., New
York. JAMES B. WILLIAMS, President ; George H. Earl, Secretary ; George S. Baxter, Treasurer, 35 Wall Street
New York, N. Y.

NORTHERN PACIFIC AND MONTANA RAILROAD.-£^e-s of lioad ; Clough Junction
to Marysville, Mont., 12.58 ; Jefferson to Calvin, 30.05 ; Messoula to Grants-dale, 50.83 ; Drummond to Rumsey,
32.12 ; Logan to Butte, 70.88 ; Sappington to Norrie, 20.90 ; Harrison to Pony, 7.09 ; Boulder to Elkhorn. 20.40 ;
Desinet to St. Regis Pass, 109.49— total, 354.34 miles. Organized in 1888, and purchased the Drummond and
Phillipsburg, the Helena and Northern, the Helena, Boulder Valley and Butte, and the Missoula and Bitter Root
RRs., having an aggregate of 118.8 miles. Sundry extensions have been built by this company since, making
total mileage as above, 354.34 miles. Capital stock issued, $1,878,600. First mortgage 6 per cent. 50-year $1.000
bonds, due September 1, 1938, interest payable March and September, were authorized at, the rate of $25,000 per
mile. There have been issued $8,843,000 of which there are listed on the New York Stock Exchange $5,631,000.
The payment of interest and sinking fund contributions sufficient to retire the bonds at maturity is guaranteed by
the Northern Pacific RR. Co. Of these bonds $3,462,000 have been acquired by the N. P. RR. Co. and $3,4fi2,000
of consolidated mortgage bonds of the latter company have been issued against the same, being al the rate of
$25,000 per mile on 138.48 miles! JAMES.B. WILLIAMS, President ; George H. Earl, Secretary ; George S. Baxter,
Treasurer, New York, N. Y.

SPOKANE AND PALOUSE RAILWAY.— Marshall Junction. Wash., to Genesee, Idaho, 105.42
miles ; Belmont to Farmingum. 6.1— total. 111.52 miles. Road opened November 1, 1886. Leased to the Northern
Pacific RR. Co. for 999 years, that company agreeing to pay as part rental the interest on bonds, and semi-annual
instalments for the sinking fund sufficient to redeem the bonds at or before maturity. Financial Statement.—
Funded debt, $16.000 per mile, 1st mortgage sinking fund srold 50-year $1,000 bonds, due May 1, 1936. interest p.-iv-
able May and November 1, at office of N. P. RR. Co., in New York City. Trustee, Farmers1 Loan and Trust < !o.
In June, 1891, there had been issued $1,766,000 bonds on 110.4 mile* of completed road in Washington. .1
B. WILLIAMS, President: George H. Earl, Secretary ; George S. Baxter, Treasurer. GENERAL OFFICE, Mills
Building, New York City.

ST. PAUL AND NORTHERN PACIFIC RAILWAY.-Brainerd, Minn., to St. Paul, Minn.,
48.05 miles ; Little Falls, Minn., to Staples Mills, Minn., 33,65 miles— total, 181.70 miles. Total track, including

POOR'S MANUAL — NORTHERN PACIFIC SYSTEM. 455

branches, etc. (steel), 261. '20 mile?. Keorjrani/ntiou May !>, 1SS3. of tin- We-h-rn lill. <-f Minnesota. The company
hat* a land grant adjacent to the line between Brainerd and Sank Rapids, of which about 207.('(JO acres remain
unsold. I.t-ascd for \W.< years to the X. P. HU. Co., at a rental of 40 per cent, of i_rr<>ss earnings, guaranteed to be
eciual to bond interest. 'Tin- extension to .Minneapolis \\as opened .July 1, 1XX4, and to St. Paul February I, 1886.
(See MvNf-u for 1S90.) Capital stock, $6,250,000 ; funded debt, first" mortgage (> per cent. 40-year gold bonds
(coupon or registered) due February 1. 1923, interest payable, coupon February and August, and registered Feb-
rrirv M'tv August, and November, at otlice of Winslow. Lanier it Co., New York (authorized, $10,000,000), $7,-
485000 ; Western Minnesota first mortage bonds, $438,000— total stock and .bonds, $14,678,000. Cost of road to
1SU1. $14.340. S47.31. The first mortgage 6s of 1953 were issued to provide means for building the exten-
s;on to Minneapolis and St. Paul and for other purposes. For the redemption of the prior liens Western Minne-
sota bonds, since 1877 regular cash dividends have been paid, averaging over 6 per cent, per annum. (For
details see MANUAL for 1890.) An equal amount of general mortgage bonds is reserved by the trustee. The
capita! stock of the company is held in trust by the Farmers' Loan and Trust Co., and power to vote it has been
i'iven to the Northern Pacific RR. Co. JAMES B. WILLIAMS. President : George S. Jones, Secn-tanj ami Treas-
w York. N. Y. PRINCIPAL OFFICE, St. Paul, Minn. Transfer office, Equitable Building, New York City.

Board of Directors, Northern Pacific RR. Co., elected October 15, 1891.
HENRY VILLARD, Chairman of the Board New York, N. Y.

Charles B. Wright. Philadelphia, Pa. Henry Viliard New York, N. Y. George A. Morrison. New York, N.Y.

Thomas F. Dales. New York, N. Y. Edwin H. Abbot. . .Milwaukee, Wis. Charles_TL Barney. .
Roflewell G. Rolston " " Charles L. Colby. .New York, N. Y.

William L. Bull.. . " " Colgate Hoyt

James B. Haggin.

James B. Williams Stamford, Ct.

DavidS. Wegg Chicago, 111.

THOMAS F. OAKES, President New York, N. Y.

James B. Williams, Vice- President "

Z<[ Vice-President— G. H. Prescott Tacoma, Wash.

Secretary— George H. Earl New York, N. Y.

General Auditor— 3. A. Barker

General Manager— W. S. Mellen St. Paul Minn.

Treasurer — George S. Baxter New York, N. Y.

Land Coinm'r— Charles B. Lamborn St. Paul. Minn.

PRINCIPAL OFFICE AND ADDRESS St. Paul, Minn.

General Offices Mills Building, 35 Wall Street, New York, N. Y.

NORTHERN PACIFIC SYSTEM.— CHICAGO AND NORTHERN PACIFIC

RAILROAD.

History. — Organized November 25, 1889, and on March 11, 1890, purchased the Chicago
and Great Western RR., the Chicago, Harlem and Batavia Ry., and the Bridgeport and South
Chicago RR., together with the property on which is located the Grand Central Passenger
Station in Chicago. Leased for 99 years, to the Wisconsin Central Co. Under the indentures
of contract and lease the Wisconsin Central Co., the Wisconsin Central RR. Co., and the
Northern Pacific RR. Co. agree to pay to the Chicago and Northern Pacific RR. Co., in addi-
tion to the fixed rental therein named, such sum or sums of money as shall from time to
time be necessary and sufficient to pay the interest on all the outstanding bonds of that
company.

This is a terminal company formed to acquire and lease facilities to other roads and
transact a local business. Its present tenants are the Wisconsin Central, the Northern
Pacific, the Chicago, St. Paul and Kansas City, and the Baltimore and Ohio.

Financial Statement.— Capital stock (par, $100), $30,000,000 ; funded debt, first mort-
gage 5 per cent. 50-year coupon $1,000 bonds, dated April 1, 1890, interest April and October
(authorized, $30,000,000), issued, $18,850,000 ; Chicago and Great Western first mortgage
5 per cent. 50-year coupon, $1,000 bonds, dated May 1, 1886, interest June and December,
assumed by this company, $399,000 ; Chicago School Board purchase money mortgage on
block 88, north half block 87, Chicago, interest 5 per cent., May and November, due May 1,
1938, assumed by this company, $650,000 — total bonds, $19,899,000.

The first mortgage bonds outstanding were used to pay for the property acquired, and
of the balance $650,000 are held to retire mortgage to the City of Chicago ; $399,000 to retire
Chicago and Great Western bonds ; $1,000,000 to be used, if necessary, to provide funds to
pay interest on outstanding bonds secuted up to and including April 1, 1893 (any balance
remaining to be used as determined by directors of the Chicago and Northern Pacific and
Northern Pacific RR. Cos.), and the remaining $9,101,000 to be reserved for improvements,
betterments, rolling stock, etc. Interest on these bonds payable at New York, London, Berlin,
and Frankfort-on-Main. Trustee, Farmers' Loan and Trust Co., New York, N. Y. Listed
on the New York Stock Exchange, February 15, 1892, $23,431,000.

456 POOR'S MANUAL — NORTHERN PACIFIC SYSTEM.

Directors. — James B. Williams, David S. Wegg, H. S. Boutell, Kemper K. Knapp,
Henry S. Hawley, and James L. High.

D. S. WEGW, President Chicago, 111.

James B. Williams, Vice- President . . . .' New York. N. Y.

Treasurer— George S. Baxter New York, N. Y. | Secretary— H. S. Boutell .Chicago, 111.

PRINCIPAL OFFICE AND ADDRESS Chicago, 111.

Financial and Transfer Office Miles Building, New York, N. Y.

NORTHERN PACIFIC SYSTEM. -" WISCONSIN CENTRAL LINES."

Name given by the Northern Pacific RR. Co. to the railroads of the Wisconsin Central
Co. (organized June 17, 1887), which has now acquired in actual ownership the Minnesota,
St. Croix and Wisconsin, the Wisconsin and Minnesota, the Chippewa Falls and Western, the
St. Paul and St. Croix Falls, the Wisconsin Central, the Penokee, and the Packwaukee and
Montello Railroads, and has assumed their leased lines, viz., Milwaukee and Lake Winne-
bago, and Chicago, Wisconsin and Minnesota RRs. This trunk-line system, connecting Ash-
land on Lake Superior, St. Paul and Minneapolis in Minnesota, the Gogebic Iron Range in
Michigan, with the cities of Milwaukee and Chicago, is covered by the Northern Pacific lease
thereof, dated April 1, 1890, comprising the following lines June 30, 1891 :

WISCONSIN CENTRAL COMPANY.

f Abbotsford to Trout Brook Junction 156.90

North Y at Abbotsford 0.25

Eau Claire Terminals 0.31

Minneapolis Y at Trout Brook Junction 0.26

_, j St. Croix June, to Connection with the C., St. P. M. & O. R'y . 9.75

: Mellen to end of Track 33.54

South Y at Mellen 0.20

Ashland Yard and Dock Line 1.79

Spurs to Mines . 15.99

(_ Other Spurs to Industries * 20.09—239.08 miles.

( Chicago, Wisconsin and Minnesota RR. :

Leased : •] Chicago (Madison Street), 111., to Schleisingerville, Wis. . 111.61

( Spurs outside of Main Line Right-of- Way 12.07— 123.68 miles.

f C. M. <& St. P. Ry. : Magenta, Wis. , to Eau Claire Depot 1.34

Agreements j St. P. & N. P. RR. : Trout Brook Jc. to St. P. U. Depot 2.55

or Traffic •{ Mississippi St. Connection with Great Northern Rail'y. 0.36

Contracts : | Great Northern Ry. : St. Paul to Minneapolis 10.00

L 0. & N. P. RE. : Harrison St. to Madison St., Chicago 10.90— 25.15 miles.

WISCONSIN CENTRAL RAILROAD.

Switch at South end of Neenah Y to Menasha 2.43

Little Lake Butte des Morts Y 0.24

Switch at South end of Neenah Y to Ashland 249.15

j Stevens Point to Portage 70.81

: ) Portage Connection with North. Division C., M. & St. P. Ry . 0.12

I Commercial Dock Line 1.39
Chelsea to Kib Lake 5.60

L Spurs to Industries 59.64—389.38 miles.

( Milwaukee and Lake Winnebago RR. :

| Schleisingerville to Neenah 63.85

, J Spurs to industries 2.24

teased : « Packwaukee and Montello RR. :

Packwaukee to Montello 7.68

L Spurs to Industries 0.18— 73.95 miles.

Agreements or \ C. M. & St. P. Ry. : Northern Division Line to

Traffic Contracts : 1 Portage Depot 1.41 miles.

Total length of all lines owned, leased, and operated, June 30, 1891 852.65 miles.

The 27.60 miles of C., M. & St. P. Ry. track between Rugby and Milwaukee, tracka^
rights on which since September 1, 1891, have been leased to the Northern Pacific Railroad
Company, is not included in above.

POOR'S MANUAL — NORTHERN PACIFIC SYSTEM.

157

On July 1, 1888, the company began to operate the entire Wisconsin Central System,
with the exception of the Wisconsin Central Railroad and its leased line, the Milwaukee and
Lake Winnebago Railroad, which remained in the hands of the trusteea until November 1,
1889. (See statement for Wisconsin Central Railroad Company.)

Leased for 99 years from April 1, 1890, to the Northern Paci6c RR. Co. at a rental of
o7)r per cent, of gross earnings for the Milwaukee and Lake Wiunebago, and the Chicago,
Wisconsin and Minnesota RRs., and 35 per cent, of gross earnings for the rest of the system.
It is also provided that whenever the operating expenses in any year fall below 59 per cent,
of gross earnings one-half the amount thus saved is to be added to the rental. The lease is
subject to revisal in November, 1895, and again in 1900 and 1905, and every ten years there-
after.

The Wise nsin Central Co. and the Wisconsin Central RR. Co. are a financial unit, since
the first-named owns the notes, stocks, and income bonds of the second. Legal reasons and
protection of land titles require separate corporate existence to be maintained, but the con-
solidated account of these two companies alone shows the real value of the Wisconsin Cen-
tral securities now in the market.

The Milwaukee and Lake Winnebago and the Chicago, Wisconsin and Minnesota RR.
Co.'s are independent corporations (each with its own securities), but their railroads are leased
in perpetuity as above stated.

Rolling Stock, June 30, 1891. — Locomotive engines, 149. Cars as follows :

Passenger Train Cars (133).

Total.

Freight Cars (5,985).

Total.

Service Cars (110).

Total.

1st Class Passenger

43

Box

2,552

Boarding

12

2d Class Passenger

23

Furniture

IPO

Painter?

1

Parlor

5

Refrigerator .

25 i

Wrecking

6

Combination. Pas* & Ba^^age

8

Beer

73

Tool .

15

Ba<r<rage, Mail, and Express.. .

34

Charcoal

33

Caboose

70

Dining.

4

Flat

822

Derrick 1 • Ditcher 1

2

Officers'

2

Stock.

277

Steam Shovels

3

Sleeping (4 interest)

14

Gondola 249 • Ore 1 764.

2013

Pile Driver

1

Operations for year ending June 30, 1891 (entire system [Lessee's Account]). — Train
mileage— passenger, 1,584,932 ; freight, 2,484,341— total, 4,069,273 miles. Passengers car-
ried, 912,577 ; carried one mile, 54,610,200 ; average mile rate, 2.31 cents. Tons freight
moved, 2,653,764 ; moved one mile, 378,985,623 ; average ton-mile rate, 0.988 cent.

Earnings.— Passenger $1.329,124 IS Expenses.— Maintenance Way & Buildings $638,513 72

Freight 3,765,959 71 Maintenance of Equipment . . . 523.203 50

Express 141,81015 Transportation 1.759.71297

Miscellaneous 8,81994 General 435,83922

Total ($6,152.25 per mile) $5,245,713 98 i Total ($3,937.45 per mile) S3.357.269 41

Net earnings (36 per cent.), $1,888,444.57. Deduct taxes, $168,505. Net income,
si, 719,939.57.

Separate General Balance Sheet (Wisconsin Central Co.), June 30, 1891.

Cost of Road and Equipment $14,707,955 43 I Preferred Stock $3,000,000 00

Marshfield Logging Tracks and Lands .... 100.163 02 Common Stock 12,000,000 00— $15,000,000 00

Securities Owned (details below) 23,507.836 84 First Mortg?<re Bonds 12,000,000 00

Income Bonds 9,000,000 00

Bonds of Auxiliary Companies 1,945,000 00

Coupons Unpaid and Accrued Interest

Bills Payable

Vouchers and Pay Rolls

Chic.,Wis. & Minn. Rental and Loan Acct.

Interest Accrued on above Sepurities 103,633 69

a Hand 247.948 56

19.571 75

6,183 36

42,745 31

Net Balance Sundry Accounts

Material on Hand

Adv. for Improvements. C.. W. ,V; M. RR.

No. Puc. RR. Co.. Lessee (Rental) 266,114 19

Sleeping Cars in P. P. Car Co.-W. C. Co.

:i Acct 7S,674 83

Suspense Account 6,666 67

Income Account, Deficit. . 79,96154

Total Assets S39.167.455 19

W. Cen. RR. Co. Rental and Miscell. Accts.

Pullman's Palace Car Co

Milwaukee and Lnke Winnebago RR. Co.
E. H. Abbot, Trustee

345,619 99
235,000 00
64.123 r,2
189,415 87
274,029 47
63,762 07
10,504 17
40,000 00

Total Liabilities 839.167,45519

Bonds of Auxiliary Companies" in above balance sheet comprise Minn., St. C. & W.
RR. (1st mortgage 6s, $180,000; ternrnal mortgage notes, $400,000; Miss. Transfer Mort-

458

POOR 8 MANUAL — NORTHERN PACIFIC SYSTEM.

gage notes, $70,000; improvement mortgage, $215,000), $865,000; C. F. & W. Ry., 1st
mortgage 6s, $150,000; W. & M. RR., 1st mortgage 7s, $810,000 ; Penokee RR. 1st mortgage
5s, $30,000 ; St. P. & St. C. F. Ry., 1st mortgage 6s, $90.000— total, $1,945,000.

Consolidated Income Account, year ending June 30, 1891 (Wis. Cent. Co. & Wis. Cent-
RR. Co.).— Net rental from Northern Pacific RR. Co., $1,267,321.28 ; miscellaneous receipts'
$1,184.77— total, $1,268,506.05. Payments : Net interest on bonds, $719,543.37 ; interest on
debentures of leased lines, $34,740 ; interest, exchange, and commissions, $6,497.01 ; engine
and car rental, $259,407.82; trackage rights, $68,641.58 ; general expenses, and expenses
account operation prior to lease, $114,693.17 — total, $1,203,522.95. Balance surplus for year.
$64,983.10. Surplus forward, $95,558.89— total, $160,541.99.

the Wisconsin Central Company.

Minnesota Transfer Ry. Co. 'a Securities :

First Mortgage Bonds $1,000 00

Capital Stock 7,000 00

Advances for Construction 993 55— $8,993 55

Abbotsford & North Eastern RR. Co.'s
Securities :

First Mortgage Bonds $35,000 00— 35,000 00

Milwaukee & Lake Winnebago RR. Co.'s

Securities :
Pref. Stock (3,475 shares,

registered) $351,000 00

Debenture Eds. (par, $200,-

000) 219,50000- 570,50000

Chicago, Wisconsin & Minnesota RR. Co.'s

Securities :
Preferred Stock (par, $215,-

100, registered) $129,060 00

Common Stock (par, $169,-
100, registered) 33,820 00— 162,880 00

$23,507,836 84

Statement of Securities Owned by

Wisconsin Central Co.'s Securities :

First Mortgage Bonds $964,688 29

Income Bonds 1,472,833 33

Preferred Stock 281,525 00

Common Stock 144,150 00— $2,863,196 62

Wisconsin Central RR. Co. '8 Securities :

First Series Bonds (regis-
tered in exchange for
Wis. Cent. Co. Bonds) .. $2,205,500 00

Ditto, (coupon otherwise
acquired) 100,000 00

Second Series Bonds (reg.) 5,292,500 00

Preferred Bonds (208). . . . 98,800 00

Improvement Notes 1,100,000 00

Pref. Stock (par, $2,000,-
000, registered) 1,666,666 67

Common Stock (registered). 9,274,350 00—19,737,816 67
Packwaukee & Montello RR. Co.'s Secur-
ities :

First Mortgage Bonds (par.
$84,000, registered) $96,450 00

Preferred Stock (par, $70,-
000, registered) 20,000 00

Common Stock (par, $65,-
000, registered) 13,000 00— 129,450 00

The \st mortgage bonds are $1,000 5 per cent. 50-year coupon, with privilege of regis-
tration, at holders' option, due July 1, 1937, interest payable January and July, at 36 Wall
Street, New York, and 50 State Street, Boston, Mass. ; the income bonds are $1,000 5 per
cent. 50-year non-cumulative, due July 1, 1937. Trustees of bonds, John A. Stewart and
Edwin H. Abbot. The preferred stock draws cumulative dividends at 6 per cent, per annum
from July 1, 1887.

In June, 1891, improvement bonds to the amount of $12,000,000 were authorized, of
which $7,000,000 may be issued for present use. They were authorized to buy up the Cen-
tral Car Company stock (about $3,000,000) for improvements, additional equipment, etc., and
are the joint and several obligations of the Wisconsin Central Co. and the Wisconsin Central
RR. Co. They are further collaterally secured by purchase money first lien upon all prop-
erty bought with their proceeds. They have precedence in payment of interest over the in-
come bonds. No new mortgage can go ahead of them, and if either company hereafter issues
a new mortgage, the improvement bonds will be exchangeable at par for bonds thereby
secured. After June 30, 1900, a sinking fund equal to 3 per cent, of the net rental from the
Northern Pacific RR. Co. will be applied to purchasing them whenever obtainable at 105
and accured interest. These bonds bear 5 per cent, interest, payable May and November.
They are $1,000 each, gold coupon, and mature May 1, 1931. On January 1, 1892, there
were $3,000,000 reported outstanding.

Messrs. Colby, Abbot, and Hoyt, trustees (who issue their non-voting trustee certificates,
which are only form of stock delivery), hold the whole of the stock of this company.

POOR'S MANUAL — NORTHERN PACIFIC SYSTEM.

459

Annual meeting, last Wednesday in October. Transfer offices : Office of Colby, Hoyt

in New York, 36 Wall Street ; and in Boston, Room 81. 50 State Street. Registrar in

Nt-\v York. Farmers' Loan and Trust Company ; in Boston, Boston Safe Deposit and Trust

Co. Capital stock, first mortgage and income bonds listed on the New York Stock Exchange.

LINKS OWNED OR LEASED BY THE WISCONSIN CENTRAL COMPANIES, AND NOW OPERATED
BY NOBTHERN PACIFIC RR. Co., LESSEE.

CHICAGO, WISCONSIN AND MINNESOTA RAILROAD. — Schleisingerville. Wis., to Chi-

, 111.61 miles. Spur tracks, 12.07 miles. R-dl (steel), 60 Ibs. Chartered August 19, 1885, and road opened
-•»>. Leased in perpetuity to the Wisconsin and Minnesota Kit. Co., and lease assigned to Wisconsin Central
Co.* in July, 1888. Rental, 37£ per cent, of gross earnings till it amounts to $350,000, and surplus over which sum
to be divided with lessee. Rental, year ending June 30. 1891, $336.086.42 ; miscellaneous income. 83,156.61— total
income, $389,243.03. Expenses aud'taxes, $5,371.23— n^t income, $383,871.80. Paid interest on bonds, $261,200.01 ;
on unfunded debt, §269.82— total, $261.469.83. Balance, surplus, $122,401.97. Permanent improvements are to be
paid for with 6 per cent. 20-year debentures, convertible into stock, and the interest on the debentures is to be paid
for first ten years by the lessee and by the lessor thereafter. Financial Statement, June 30, 1891. — Capital stock —
common, $1,040,000; preferred 6 per cent,, cumulative from March 1, 1886, $1,560,000: funded debt, $2,860,000
first mortgage 6 per cent. 50-year gold coupon or registered bonds, dated September 1, 18S5, interest payable March
and September ; $1,040,000 5 per cent, cumulative income bonds, dated September 1, 1885 ; $340.000 improvement
purchase money mortgage notes, interest payable by lessee for first ten years : accrued interest, $66.266.67 : income
balance. $307.774.75— total. $7.214.041.42. Contra: Co<t of road and equipment, $6.526.435.22 ; cost of Waukesha
J295.999.47 ; cost of Wheeling gravel pit. £11,243.54 ; cost of Menomonie property, Milwaukee. $32,756.99 ;
cash and current assets, $347,606.20- total. $7.214.041.42. Trustees of bonds, John A. Stewart and Edwin H.
Abbot. Stock is all issued to Charles L/Colby, Edwin H. Abbot, and Colgate Hoyt, trustees, who issue their
non-voting certificates through Farmers' Loan and Trust Company, as registrar of stock and bonds. EDWIN H.
ABBOT. President and Treasurer, Boston, Mass.; Howard Morris, Secretary ; William Shimwell, Auditor, Mil-
waukee. Wis.

MILWAUKEE AND LAKE WINNEBAGO RAILROAD. -Schleisingerville to Neenah,
Wis.. 63.85 miles. Spur tracks. 2.24 miles. Rail (steel). 56 and 60 Ibs. Chartered March 24, 1882 : road opened
December 18, 1882, and leased from that date for 99 years to the Wisconsin Central RR. Co., the lessee paying as
rental 37i per cent, of the grogs earnings up to $175.000. any surplus to be equally divided between the two com-
panies. Rental, year ending June 30, 1891. $212.930.50 ; other receipts. $2.340— total income. $215.270.50. Ex-
penses and taxes. $5.836.92. Net income. $209.433.58. Paid interest on bonds, $126.140 ; on unfunded debt,
$457.10; dividends (9 per cent.), $70,200— total. $196.797.10. Balance, surplus. $12.636.48. Capital stock-
preferred. $780,000 ; common, $520.000— $1.300,000 ; funded debt (first mortgage 6 per cent. 30-year gold cou-
pon or registered bonds, due July 1, 1912. interest January and July, $1.430,000 ; income gold coupon or regis-
tered cumulative 5 per cent. 30-year bonds, due July 1. 1912. interest January and July, $520.000). $1.950.000;
debentures. $239,000; unfunded debt, $3.585 ; income balance. $37.405.40— total, $3.529.990.40. Contra : Cost of
road and equipment, $3,489,000 ; bonds owned. $39.000 ; cash and current assets, $1.405.40 : sundries. $585 —
total. $3.529.990.40. It issues, under supplemental lease, 20-year 6 per cent, (interest payable April and October),
debentures to pay for additions to and improvements upon the demised property, when and as made from time to
time. Amount of debentures issued to June 30. 1890. $239.000. Preferred stock has priority over common to
extent of 6 per cent, cumulative dividends, and shares equally with common in anything over 6 per cent, on
whole stock. Income bond coupons are regularly paid when due, under standing order of directors. Lessee pays
the interest on all debentures for first ten years, and lessor pays all subsequent interest and the principal, and
gives option to holders to convert into common stock at any time coupon matures. John A. Stewart and Edwin
H. Abbot. Trustees. New York transfer office, Farmers' Loan and Trust Co.; Boston transfer office, 50 State
Street. Annual meeting, last Wednesday in October. Stocks and bonds (except debentures) are listed on the
New X°rk Stock Exchange. EDWIN* H. ABBOT, President and Treasurer. Boston, Mass.; Howard Morris. Sec re -
t'lnj. Milwaukee, Wis. GEKEKAL OFFICE. Milwaukee. Wis. Transfer Offices, Farmer's Loan and Trust Co..
New York, N. Y.. and 50 State Street, Boston, Mass.

PACKWATJKEE AND MONTELLO RAILROAD. Packwaukee to Montello, Wis., 7.86 miles.
Completed and opened in 1882. Owned by W. C. Co.. and leased to the W. C. RR. Rental, interest on bonds.
Capital stock, $140.000 ; funded debt, 1st mortgage 6 percent, bonds, dated October 1. 1881. interest April and
October. $84,000— total, representing cost of road, $224.000. Bonds and most of the stock owned bv Wisconsin
Central Co.

WISCONSIN CENTRAL RAILROAD CO. -Reorganization, October 1, 1879, of company formed
July 1, 1871. The trustees under the mortgage of 1871 had possession of the property from January 4, 1879, till
October 31, 1889, when, the plan of reorganization having been fully carried out, it was turned over to the com-
pany. (See MAM-AI, for 1891.) Under the terms of the plan of reorganization the mortgage truste -s hold, under
an irrevocable special trust, until full interest is regularly paid on all bonds. $9.500,000 capital -tock of the com-
pany, being about four-fifths of the entire issue ; and bondholders have the right at all meeting? of the company
to cast one vote for every $100 of their bonds.

Separate General Balance Sheet, June 30, 1891.

Cost of Road and Equipment $21,787,225 57

r irst Series Bonds on Hand 152,000 00

Second Series Bonds on Hand 109,000 00

Wisconsin Central Company 274,029 47

Sinking Fund 21.197 75

Land Department 128.788 73

Cash on Hand 97.434 42

Bills Receivable, Loans, etc. ... . . 288,538 56

Common Slock $9.435.500 00

Preferred Stock - 2,000,000 00

Funded Debt Outstanding 10.341.046 96

Coupons Unpaid and Accrued Interest . . . 102.452 86

Bills Payable 350.00000

Sundry Accounts and Liabilities 259.922 42

Deferred Land Income ... 114,736 66

Land Income Account 14.052 07

Railroad Income Account 240,503 53

Total Liabilities $22.858,214 50

Total Assets $22,858,214 50

| Funded debt outstanding consisted, June 30. 1891. of :

ferred 5 per cent. 30- year bonds, due January 1. 1909, interest March and September

icries consol. mtge. 5 per cent. 30-year bonds, due January 1, 1909, interest January and July . . .
:onsol. mtge. income 7 per cent, 30-year bonds, due Jan. 1, 1909, interest January and July.

$98.800 00
3,727,500 00

ISecond series boud'scripyr.T.". .' *.~. ~7.T. * '"^ . ' ~246 96

[Improvement debenture notes, 6 per cent'. .... . '. ............ ...... ............................ 1,100.000 00

460 POOR'S MANUAL OF RAILROADS.

Proceeds of land sales are applicable to purchase of preferred bonds or consols when they can be bought ;ir
a price not exceeding par and accrued interest ; but. there are to be no drawings. More than two-thirds in amount
of the bonds have been so exchanged and are held as an as^H by tin- Wisconsin Central Company. That com-
pany also owns nearly all of the preferred stock and $9,274,350 common stock.

Land Department.— This company has a land grant under which it has received. 839,348. 46 acres. Of thi*
area there were sold to June 30, 1891, 255.220.77' acres for $719.189.54. Town lot sales at the same period amounted
to 2.704 lots and 44 blocks for $128,843.25, and sturapage sales amounted to 628,508 m. for $982,580.17 : the total
of all sales to date being, $1,830,612.96. Face value of outstanding contracts, June 30, 1S91, exclusive of interest
due and accrued, $107,408.21.

Board of Directors, Wisconsin Central Company, elected November 4, 1891.

Jeremiah Smith.. Cambridge, Mass.

Ed win H. Abbot "

Eustace C. Fitz Boston, Mass.

John F. Anderson . .

Rowland G. Hazard. Peace Dale, R. I.

Howard Morris Milwaukee, Wis.

Frederick Abbot. . .

Win. L. Bull New York, N. Y.

Geo. W. Johnson. .Brookfield, M;i<s.

Samuel R. Ainslie Chicago, 111.

Henry F. Spencer. . . .Boston, Mass.

EDWIN H. ABBOT. President and Treasurer Boston, Mass.

Vice- President- -Frederick Abbot Milwaukee, Wis.

General Solicitor — Howard Morris. . .

Secretary — Howard Morris Milwaukee, Wis.

And. & Gen. Acct. — William Shirnwcll "

PRINCIPAL AND TRANSFER OFFICES Milwaukee, Wis.

NORTH PACIFIC COAST RAILROAD COMPANY.

Main Line of Bond. — Saucelito, Cal., to Duncan's Mills, Cal 73.25 miles*

San Rafael Branch : Junction, Cal., to San Rafael, Cal 2.00 miles-

( San Rafael and Ran Quentin RR.: San Quentiu to San Rafael 3.50 miles-
Leased : -j Northwestern RR. : Duncan's Mills to Cazadero 7.50 miles-

( San Francisco, Tamalpais & Bolinas RR.: Bay June, to Mill Valley . . 1.75 miles-

Total length of lines operated, December 31, 1891 88.00 miles.

Sidings, etc., 12 miles. Gauge, 3 ft. Rail (steel, 46.75 miles), 35 to 56 Ibs.

Steam Ferries : San Francisco to Saucelito, 6 ; and to San Quentin, 11^ miles.

History. — Chartered December 16, 1871 ; opened to Duncan's May 15, 1877. Leased San
Rafael and San Quentin RR. for 43 years from March 11, 1875, and assumed that company's
bonds. Rental of the Northwestern RR. is $2,900 per annum.

Rolling Stock, December 31, 1891. — Locomotive engines, 12. Cars — passenger, 33; bag-
gage, mail, and express, 3 ; freight (box, 42; stock, 13; platform, 255), 310 ; caboose, 2 ;
other, 2 — total, 350. Also 2 ferry steamers, 1 tug, and 2 freight barges for cars.

Operations for year ending December 31, 1891. — Train mileage — passenger, 222,047 ;
freight, 100,025 ; other, 10,925— total, 334,997 miles. Passengers carried, 1,015,674. Tons
freight moved, 98,200 ; moved one mile, 4,457,451. Earnings— passenger, $196,009.30;
freight, $190,998.80 ; mail, $6,612.04 ; express, $15,722.24 ; other, $9,073.65— total, $418,-
416.03. Expenses— transportation, $179,849.51 ; motive power and cars, $22,8^0.45 ; main-
tenance of way and buildings, $61,495.53 ; general, $35.890.16— total, $300,055.65. Net
earnings, $118,360.38 ; add other receipts, $32, 053.86— total, $150,414.24. Payments : Inter-
est on bonds, $67,990; on debt, $336.43: taxes, $6,764.48; insurance, $2,165; permanent
improvements, $28,592.44; equipment, $44,133.39 ; c instruction, $432.50— total, $150,41 -I

Financial Statement, December 31, 1891.— Capital stock, $2,500,000 ; funded debt
($590,000 first mortgage 6 per cent. 20-year $1,000 coupon bonds, due November 1, IJJnl.
interest payable May and November; $500.000 second mortgage 6 per cent. 20-year $1.000
coupon bonds, due November 1, 1901, interest payable May and November; $150.000
mortgage (on extension) 5 per cent. 6-year $1,000 coupon bonds, due January 2, 1889, ii
est payable January and July), $1,240,000 ; other liabilities, $339,387.92— total, $4,07J>,:JS7.!'2.
Contra: Cost of road and equipment, $3,193.516.35; materials and fuel, $7,548.14 ; other
property and assets, $1S9,560.37; current accounts, $26,310.36; cash, $8,21436; profit and
loss, $714,238.34— total, $4,079,387.92.

Interest on bonds payable at San Francisco, Cal. Annual meeting, second Monday in
February, at San Francisco, Cal.; books close ten days previously. W. Steel, W. Poweil.
and Thomas Bell, trustees of bonds.

POOR'S MANUAL OF RALLKOADS. 461

RAILROADS LEAKED BY THE NORTH PACIFIC COAST R.R. Co.

NORTHWESTERN RAILROAD.— Duncan's Mills toxCazadero. 7.50 miles. Chartered August 19,
1885 ; road opened April 11, IS-Sti. Leased to the North Pacific Coast Ry. Co. for 10 years from April 1, 1886, at an
anunal rental of $'2,yOO. equal to 5 per cent, on the capital stock of *58,000. Cost of road and equipment. -
Dividends paid semi-amiually, January and July. 2i per cent, each, at San Francisco, Cal. W. STEEL. President ;
W. P. Fortune, Stcr^tary. GENERAL OF J-ICB, 331 Pine St.. San Francisco, Cal.

SAN FRANCISCO, TAMALPAIS AND BOLINAS RAILROAD. -Bay Junction to Mill
'/alley, 1.75 miles. Chartered Sept. 5. 1S^< ; road opened October 13, 1889. Leased Sept. 23. 1889. to the North
Pacific Coast Ry. for 10 years from November 1, 1SS!». at a nominal rental. HAUKY L. COLEMAN. Pi*#i<lfnt ; Jno.
W. Coleman. fre'i^nf.r: W. F. Riis?ell. .^rret'iry. GENERAL OFFICE, 331 Pine St., San Francisco, Cal.

SAN RAFAEL AND SAN QUENTIN RAILROAD.— San Rafael to San Quentin, 3.50 miles ;
total track. 2. S3 miles. Chartered February •.'."). 1869: road opened in March, 1871. Leased March 11, 1^7."). to
N. P. ('. HR. Co.; rental. $1 per annum. Capital stock. $41.M:JO ; funded debt, 1st mortgage 10 per cent, bonds,
due August 1, 1880. $28.000 ; profit and loss. §51.175.63— total, representing cost of road, etc., $92.995.63. AIJOLPH
MAITI.AXD. Prcx'i'.lrnt, San Rafael. Cal.

Board of Directors, N. P. C. ER. Co., elected February 9. 1891.

Jno W.Ooleman.San Francisco. Cal. I A. Borel ... San Francisco, Cal. W. Young San Francisco, Cal.

W. Steel '• '• I W. R. Fortune.. " " H. L. Coleman. .

J. B. Mackie San Francisco, Cal.

JOHN W. COLEMAN, President and General 3Ianayer. . .San Fram isco, Cal.

W. Steel, Vice-President San Francisco, Cal.

London & S. Francisco Bk. .San Francisco, Cal. ] Secret cn~y— F. B. Latham San Francisco, Cal.

PRINCIPAL OFFICE AND ADDRESS 14 Sansome St., San Francisco, Cal.

OGDEN AND HOT SPRINGS RAILWAY COMPANY.

Line of Itoad. — Ogden to Hot Springs, Utah 7.5 miles.

Gauge, 4 ft. 8± in. Rail (steel), 30 Ibs.

History. — Chartered January 28, 1890, and ro«d completed before the close of that year.

Rollins* Stock. — Locomotive engines, 2. Cars — passenger, 3 ; freight. 1 ; other, 1.

Financial Statement, March 1, 1892.— Capital stock ($100 shares), $160,000 ; mortgage,
$11,200— total, $171,200. Contra : Co.st of road and equipment to date, $288,318.87.

Annual meeting, second Tuesday in January, at Ogden, Utah.

Directors.— W. A. Paxtou, Omaha, Neb.; A. B. Pattou, R. J. Taylor, C. H. King, A.
McLaren Boyle, Ogden, Utah.

W. A. PAXTON, President Omaha, Neb.

Tic(-Pr(side»t— A. B. Patton Ogden, L'tah. Stwtary—'R. J. Taylor Ogden, Utah.

PRINCIPAL OFFICE AND ADDRESS Ogden, Utah.

OHIO AND MISSISSIPPI RAILWAY COMPANY.

Main Line of Road. — Cincinnati, O., to East St. Louis, 111 339.46 miles.

Louisville ) North Vernon, Ind., to Jefferson ville, lud 53.31

Branch : f Watson, Ind., to New Albany, Ind 7.46 — 60.77 miles.

Springfield Division : Beardstown, 111., to Shawneetown, 111 228.25 miles!

•'d Branch : Riverdale, Ind., to Mitchell Hollow, Ind 7.44 miles.

Total length of all lines owned and operated, June 30, 1891 635.1)2 miles.

Siding?, 134.35 miles. Gauge, 4 ft. 9 in. Rail— iron, 48 ; steel (551.75 miles), 56 to 67 Ibg.

History. — For full history of the organization of the several companies under whose
charters this road was built, and the terms of the reorganization of 1882, see MANUAL for
6, page 155. The New Albany Branch was purchased in February, 1888, and the Bed-
ford Branch built 6.02 miles in August, 1890. The extension of the latter was completed in
May. 1891, but was not operated during the fiscal year.

Rolling: Stock, June 30, 1891. — Locomotive engines, 115. Cars — passenger, 72 ; baggage,
mail, and express, 32 ; freight (box, 2,360 ; stock, 194 ; platform, 742 ; coal, 582), 3,818 ;
caboose, 62 ; other, 71— total cars, 4,055. Of this equipment, 2 locomotires, 500 box, 100 stock,'
•300 coal cars, and 482 flats were acquired through car trust, and 74 box cars are leased.

462

POORS MANUAL — OHIO AND MISSISSIPPI RY. CO.

Operations for year ending June 30, 1891.— See tabulated statement below.

Earnings.— Passenger $1,466,838 55 | Expenses.— Transportation $1,338,613 38

Freight 2,332,24753! Maintenance of Equipment. .. 415,54717

Mail 125,000 00 | Maintenance Way & Buildings 650,781 63

Express 184,88847 General and Taxes 531,61958

Total ($6,475.93 per mile) $4,108,974 55 | Total ($4,628.15 per mile) $2,936,561 76

Net earnings (28.53 per cent.), $1,172,412.79. Payments : Interest on funded debt, $1,-
066,891.67 ; premium 011 bonds purchased for sinking fund, $6,371.25 ; interest, discount, and
exchange, $3,290.93; contribution to second mortgage sinking fund, $69,500 ; annual pay-
ment for redemption of equipment trust certificates, $60,500 — total, $1,210,053.85. Deficit
for year, $38,641.06.

Statement of traffic operations, etc., for eight fiscal years .

YEAES ENDING JUNE 30 :

1884

1885

1886

1887

1888

1889

623.75
1,584,169
1,806,807
1,232,924

1890

1891

Miles of Railroad Operated.
Passenger Train Miles
Freight Train Miles
Passengers Carried

616.25
1,555,894
2,183,316
1,166.464

616.25
1.477,474
1,670,824
1,107,218

616.25
1,347,355
1,760,763

1,046,875

616.25
1,422,785
1,900,133
1,124,474

616.25
1,621,024
1,799,348

1,143.086

628.48
1,588,858
1.792,336
1,217,739

634.50
1,590,368
1,704,K17
L25S.464

Passengers Carried 1 Mile .
Tons Freight Moved
Tons Moved One Mile

73,829,395
1,456,986
224,856.210

1,478,921
2,379,626
280,890

64,819,413
1,373,977
253,211.829
$
1,330,948
2,063,548
250,971

57.444.SHS
1,586,550
318,980.893

1,191,589

2,227,255
253,075

64,727,096
1,800,885
334 245,248
$
1,315,310
2,407,825
265,298

67,264.821
1.630,478
297,460528
$
1,435,109
2,268,672
273,779

3,977,560
2,733,418

76,171,212

1,652.548
272,758-538
$
1,456,800
2,218,962
279,403

66,949,115

1,787,058
285,028,332

$

1,492,738
2,433,555

288,454

71,211.360
1,866.886

248,885.003

1,466,839
2.332,248
809,888

Passenger Earnings
Freight Earnings . . .

Other Earnings

Total Earnings
Expenses and Taxes

Net Earnings

4,139,437
3,283,401

3,645,467

2,670,736

3,671,919
2,597,708

3,988,433
2,650,481

3,955,165
2,935,361

4,214,747
2,912,473

4,108,975
2,936,562

856,036
6,717 14
5,328 03
1,389 11
79. 32 p. c.
1.05 C.
2.00 c.

974,731
5,915 57
4,333 85
1,581 72
73. 26 p. c.
0.81 c.
2.05 c.

1,074,211
5,958 49
4,21535
1,743 14
70.75 p. c.
0.70 c.
2.07 c.

1,337.952
6,472 10
4.300 98
1,171 12
66.45 p. c.
0.72 c.
2.03 c.

1,244,142
6,454 46
4,435 56
2.018 90
68.72 p. c.
0.76 c.
2.13c.

1,019,804
6,340 95
4,705 99
1,63496
74. 22 p. c.
0.81 c.
1.91 c.

1,302,274
6,70o 25
4,634 15
2.072 10
69. 10 p. c.
0.85 c.
2.23 c.

1,172.413
6,475 93
4,628 15
1,847 7B
71. 47 p. c.
0.94 c.
2.06 c.

Gross Earnings per Mile . . .
Expenses and Taxes per M.
Net Earnings per Mile
Expenses i o Earnings
Rate per Ton-Mile
Rate per Passenger-Mile . . .

General Balance Sheet, June 30, 1891.

Construction Account $38,745,074 12

Equipment Account 1,912,229 97

Other Property Accounts 40,04259

Material on Hand 107,308 60

Current Accounts 222,286 47

Cash on Hand 262,024 49

Sinking Funds 1,16538

Ohio & Miss. Ry. Equipment Trust 714,400 00

Construction Acct. Cine. & Bedford Ry... 42,176 86

Common Stock $20,062,629 68

Preferred Stock 4,030,00000

Funded Debt Outstanding 16,522,000 00

Loans and Bills Payable

Coupons and Dividends

Interest Accrued but not Due

Wages Unpaid (incl. June, '91 Pay Roll).

Vouchers Unpaid

Bridge Tolls Unpaid

Profit and Loss . . .

250,000 00
30,756 25
341,004 99
149,743 47
124,160 95
40,058 36
496,354 78

Total Assets $42,046,708 48 Total Liabilities $42,046,708 48

Preferred stock has preference up to 7 per cent, and the right to share equally with com-
mon in any dividend over 7 per cent, on both classes. No dividend has been paid on pre-
ferred stock since March, 1876. (See MANUAL for 1889, page 1033.)

The terms of preference in preferred stock certificates are, briefly, that the holder is
entitled to 7 per cent, per annum, " and to have such interest paid in full for each and every
year before auy payment of dividend upon common stock." The preferred stockholders
claim that their right to 7 per ceni. dividends is cumulative, but this claim is denied by
the common stockholders. A joint committee was appointed in October, 1890, and sub.-e-
quently submitted a plan designed to settle the difference between the two classes of stock
and to place the company upon a S'>und financial basis. Briefly, it is proposed to issue new
4£ per cent, gold bonds to an amount sufficient to replace the present bonded debt and to
provide means for improving the property and putting it in condition for being operated as
a through line in connection with the Baltimore and Ohio and the Baltimore and Ohio South-
western, the Baltimore and Ohio to place its guarantee upon the new bonds. Also, it is pro-

POOR'S MANUAL OF EAILROADS.

463

posed to organize a controlling company with a capital of so. SOD, 000 1st income mortgage
5 per cent, bonds. $6,000,000 2d income mortgage 5s, $16.000,000 non-cumulative 5 per cent,
preferred stock and $8,000,000 common stock, the common stock to be vested in the Baltimore
and Ohio, and the rest of the new securities to be exchanged for common and preferred stock,
as follows : Preferred to receive 134 in new 1st incomes and 6 per cent, in cash, and common
to receive 80 per cent, in new preferred and 30 in new 2d incomes. This plan has received
the assent of about $16,500,000 of both classes, and will probably be carried out.
Statement of funded debt outstanding June 30, 1891 :

]

DATE OF

Interest —

Interest

DESCRIPTION OF BONDS.

Road Mortgaged.

Miles.

1

Maturity.

Annual Rate and
when Payable.

ing.

during
Year.

l?tmtge.consol.s.f. $1.000 coup. ) Cincinnati to I !1868lJan. 1, 1898 7 p.

1st mtge. consol. $1,000 coupon. - Louis & X.Vernon i 1868 Jan. . 1^ T ;>.

Sterling consolidated £200 coup.; \ to Jeffersonville. . 891.39 1868 Jan. . I
2d mtge. consol. s. f. $1,000 coup. M. Line and L. Br .. 391.39 1871 i April 1, 1911 7 p.
*letmtg. Sp'gf'd DV.SI.OOO coup. Springfield Division 224.86 1874 Nov. . 1905 7 p.
+lst general mtge. $1,000 coupon Main Line & B'chs. 616.25 1882;June , 1932 5 p.
Istmtg. C.&B.Ry. $1.000 g.coup. Bedford Branch .... 7.44|1889 Nov. 1
Equipment Trust Certificates . . . 1887 Oct. 1

Equip. Trust Certs.. Series " B "
Equip. Trust Certs., Series " C "

....1891
1892

1919 5 p.
1897 6 p.
1900 6 p.
19J1 6 p.

c. Jan.
c. Jan.
c. Jan.
c. Apl.
c. May
c. June
c. May
c. April
c. Jan.
c. Jan.

& July
& July
& July;
<fc Oct.;
A NOT.
& Dec.j

& Oct.

& July!
& July!

I

3.435 000;

3.066.0COI

118,0001

3.334,000

2.009,000

3,886,000

135,000

354,000

91,000

100.000

Total amount of bonds outstanding and of interest accrued in 1890-91 J 16,522,000

455,070 00

6.72000
232,^90 01
14*3.630 00
193,016 66

7>T5 00
21.99000

5.70000

3,00000

1,066.891 67

* The total amount of these bonds is $3.000,000. of which $991,000 are deposited with'the Union Trust Co. of New
York as additional security for the 1st general mortgage bonds.

t The entire amount of the series of First General Mortgage 5 per cent. Coupon Bonds authorized is $16.000.000, of
which $12.114.000 are reserved to retire prior lien bonds.

Annual meeting, second Thursday of October ; books close 30 days previously. Registrar
of stock, Union Trust Co., New York, N. Y. Trustees of bonds: 1st mortgage, Union
Trust Co.; 2d mortgage, Farmers' Loan and Trust Co.; 5 per cent, general mortgage, Cyrus
C. Hines. Indianapolis, Ind.. and Union Trust Co. ; Springfield Division mortgage. Farmers'
Loan and Trust Co.

Stocks and bonds listed on New York, Baltimore, and London Stock Exchanges. Interest
on all bonds payable at office of Union Trust Co., New York, except equipment trusts, on
which interest is payable at office of Kidder, Peabody & Co., New York. N. Y.

Directors.— Until October, 1892.— F. W. Tracy, Springfield, 111.; George S. Morison,
Chicago, 111.; F. P. Dimpfel, New York, N. Y. . Until October, 1893.— A. Gracie King, Geo.
C. Magoun, E. R. Bacon, New York, N. Y.; B. S. Cunningham, Cincinnati, O. Until Octo-
ber, 1894. — J. F. Barnard, Cincinnati, O. ; William Libbey, George F. Crane, New York,
N. Y. Until October, 1895.— S. Sterritt McKim, Derrick Fahnestock, Baltimore. Md. ;
Julius F. Walsh, St. Louis, Mo.

J. F. BARNARD, President and General Manager Cincinnati, O.

Secretary & Auditor— Edward P. Cutter . .Cincinnati, O. | Treasurer— Robert Reid Cincinnati, O.

PRINCIPAL OFFICE AND ADDRESS Cincinnati, 0.

Transfer Agencies Union Trust Co. and Central Trust Co., New York, N. Y.

London Agents Baring Brothers & Company.

OHIO RIVER RAILROAD COMPANY,

Line of Road. — Wheeling via Parkersburg, to Huntington, W. Va 215 miles.

Sidings, etc., 18 miles. Gauge, 4 fe. 9 in. Rail (steel), 56 Ibs. per yard.

History. — Chartered April 18, 1881 ; charter amended December 16, 1882 ; road opened
throughout in April, 1888. (See MANUAL for 1888, page 618.) The P., W, and K. RR. is
used between Benjvood and Wheeling, 4 miles, and the Chesapeake and Ohio Ry. between

464 POOR'S MANUAL OF RAILROADS.

Guyandotte and Huntington. 3 miles. At Huntington connection is made with the Newport
News and Mississippi Valley and Chesapeake and Ohio RRs.

This company guarantees the principal and interest of $400,000 1st mortgage bonds of
the Raven wood, Spencer and Glenville RR. Co., statement for which see.

Rolling Stock, June 30, 1891. — Locomotive engines, 23. Cars — passenger, 19 ; baggage,
mail, and express, 5 ; freight (box, 850 ; platform, 60 ; jstock, 112 ; coal, 356 ; caLoose, 8).
1,386— total cars, 1,410.

Operations for year ending June 30, 1891. — Train mileage — passenger, 495,990 ; freight.
271,130; other, 147,890— total, 915,010 miles. Passengers carried, 342,109 ; carried one mile,
9,992,552 ; average mile rate, 2.98 cents. Tons freight moved, 395,807 ; moved one mile, 42,-
895,899 ; average ton-mile rate, 0.76 cent.

Earnings.- Passenger $297,650 51

Freight 324,268 04

Mail 22,698 32

Express 5,931 36

Miscellaneous 38,12711

Total ($3,203.14 per mile) ................ $688.675 34

Expenses.— Transportation

Motive Power 25,769 88

Maintenance of Cars 35,680 43

Maintenance Way & Buildings. . 126,459 72

General... . 54,08362

Total ($1,832.48 per mile) ................ $393,983 85

Net earnings (42.79 per cent.), $294,691.49. Add interest and dividends, $1,522.90—
total, $296,214.39. Payments : Interest on bonds, $222,300 ; on debt, $2,701.30 ; rentals,
$7,129.16 ; taxes, $39,384.30; other payments, $6.875.22— total, $278,389.98. Balance, sur-
plus, $17,824.41 ; surplus forward, $76,472.53— total, $94/29(5.94.
General Balance Sheet, June 30, 1891.

Cost of Rolling Stock

812.92632

Funded Debt Outstanding

4,500 000 00

Real Estate and Buildings

70,38015

Bills Payable

117,500 00

Stocks and Bonds Owned . .

22,000 00

Current Accounts

94 925 35

Materials and Fuel on Hand . . .

. . . . 16,571 47

Car Trust Obligations

128.479 00

Bills Receivable

50000

Profit and Loss

94 296 94

Current Accounts

117,41523

Cash on Hand

54 073 65

Total Assets...

. . . $10,850,601 29

Total Liabilities...

...$10,850,60129

Funded debt consists of $2,000,000 1st mortgage 5 per cent. 50-year gold coupon $1,000
bonds, due June 1, 1936, interest payable June and December, $2,000,000; and $2.500,000
($3,000,000 authorized) general mortgage 5 per cent. 50-year $1,000 coupon bonds, due April
1, 1937, interest payable April and October. Capital stock authorized, $6,000,000.

Annual meeting, first Thursday in May, at Parkersburg, W. Va. Interest on both issues
of bonds payable by Central Trust Co., New York, N. Y. Trustee of bonds, Fidelity Insur-
ance, Trust and Safe Deposit Co., Philadelphia, Pa.

Directors (elected May 8, 1891).— E. W. Clark, S. W. Colton, Jr., Philadelphia, Pa.; H.
A. Pratt, W. P. Thompson, O. H. Payne, New York, N. Y.; James G. Fair, San Francisco,
Cal.; Charles W. Harkness, Cleveland, O. ; Geo. W. Thompson, W. N. Chancellor, J. N.
Camden, Joseph B. Neal, B. D. Spilman, Parkersburg, W. Va.; R. H. Browse, Grape Island,
W. Va.

GEORGE W. THOMPSON, President Parkersburg, W. Va.

Secretary— W. N. Chancellor Parkersburg. W. Va. | Treasurer — W. M. Trevor Parkersburg, W. Va.

Auditor— E. W. Warnick Parkersburg, W. Va.

PRINCIPAL OFFICE AND ADDRESS Parkersburg, W. Va.

OHIO SOUTHERN RAILROAD COMPANY.

Main Line of Road.— Springfield, O., to Wellston, 0 118.25

Branches to Coal Mines 21.75—140.00 miles.

Sidings, 29.30 miles. Gauge, 4 ft. 9 in. Rail (steel, about 104 miles), 60 Ibs.

History. — Organized July 21, 1881, as succe.-sor to the Springfield Southern RR. Co.
CSee MANUAL for 1891, page 819 ) •

POOR'S MANUAL OF RAILROADS. 465

Rolling: Stock, June 30. 1891.— Locomotive engines. 25. Cars— passenger. 8 ; baggage,
mail, and express. 2 ; freight (box, 20 ; platform, 30 ; coal, 2,000 ; caboose, 15), 2,065 ; other
oars 50— total, 2.12o.

Operations for year ending June 30. It91. — Train mileage — pa^senge^, 136,098 ; freight,
41S.149 : other, 106,909— total, 661,156 miles. Passengers carried, 183,322; carried one mile,
•>'.)?. TODS freight moved, 889,203 ; moved one mile, 76,948.719.

Karninsrs.— Passenger 861-842 11 I Expenses.— Transportation $90.387 03

Freight 493,250 31 Traffic Expenses 25.1)50

Mail 6,178 76

Express 4,875 65

Motive Power and Cars 59,70338

Maintenance Way & Buildings.. 65,783 11

Miscellaneous 356 00 General 29,001 42

Total ($4,060.74 per mile) $568,502 83 1 Total i $1,932.32 per mile) $270.525 30

Net earnings (52. 42 per cent,), $297,977.86. Payments: Interest on bonds, $226,800;
taxes, $19,042.05 ; other payments, $1,170.77— total, $247,012.82. Balance, suiplus, $50,-
965.84; surplus from last year, $388,648.71— total, $439,613.55.

General Balance Sheet, June 30, 1891.

Cost of Road, Equipment, etc $8,703,438 41 \ Capital Stock (par, $100) $3.840.000 00

Materials and Fuel on Hand 24,678 93 Funded Debt Outstanding 4,680,000 00

Advances, etc 7.208 50 Accrued Interest. 37,450 00

Current Accounts 29,672 71 ' Current Accounts 54,185 95

Cannon Hand 95,89135 Profit and Loss 439,61355

Bonds on Hand 5,800 00

Cash to Pay Car Trust & Equipment 124.559 60

Total Assets $8,991,249 50

Total Liabilities $8,991.249 50

Funded debt ($4,620,000) consisted, June 30, 1891, of the following :

1st mtge. 6 per cent. 40-year $1.000 gold coupon bonds, due June 1, 1921, interest June and December.. .$2,100,000
3d mtge. income 6 p. c. 40-yr. $1,000 coup. bds.. due June 1, 1921, int. June & Dec., if eained, non-cumul. 29,000
Gen. mtge. 4 per cent. 32-year $1,000 coupon bonds, due May 1, 1921. interest May and November -,

Of the general mortgage bonds, $309,000 are held in trust for purpose of retiring the
outstanding income bonds, to provide for matured car trust obligations, and for other pur-
poses of the company. These bonds are secured by general mortgage on all the corporate
property, equipment rights, and franchises of the company, subject to pre-existing liens.

Annual meeting, third Monday in April, at Springfield, 0.; books close ten days pre-
viously. Stock and bonds listed on the New York Stock Exchange. Interest payable at office
of Corbm Banking Co.. 192 Broadway, New York City. Trustee of bonds and registrar of
stock. Central Trust Co., Xew York, X. Y.

An extension of 20 miles to a point on the Ohio River is projected, and to provide means
for this purpose the company may at any time increase its capital stock to $5,500,000 and
issue additional first mortgage bonds to the aTiiount of $15.000 per mile.

Directors (elected April 20, 1891).— Alfred Sully, Henry Graves. J. R. Maxwell. J. Lee
Humfreyville, Rush C. Hawkins, Joseph \V. Ogden. New York, X. Y. ; Amos Whitely,
Wm. X. Whitely, Geo. H. Frey, D. H. Roche, Springfield, O. ; H. L. Chapman, M. L. Stern-
berger, Jackson, 0. ; H. S. Willard, Wellston, O.

ALFRED SULLY, President 80 Broadway, New York, X. Y.

Henry Graves, Vice-Pres. and Treas 143 Liberty St., Xew York, X. Y.

Secretary— Wilberforce Sully New York. X. Y. | General Jfanayer—C. E. Henderson. .Indianapolis, Ind.

Auditor— A. J. Joyce Springfield, O.

PRINCIPAL OFFICE AND ADDRESS Springfield, O.

Transfer Office 192 Broadway, Xew York, X. Y.

OHIO VALLEY RAILWAY COMPANY,

Line of Road Projected. — Evansville, Ind., to Jackson, Tenn . . .200 miles.

Completed : Evansville, Ind., to Princeton, Ky 98.63

Uniontown Branch : Morganfield, Ky., to Uifiontown, Ky 7.50

De Koven Branch : De Koven. Ky.. to Ohio River * 2.00—108.13 miles.

Sidings, etc., 7.50 miles. Gauge, 4 ft. 9 in. Rail (steel, 115.63 miles), 56 Ibs.
30

466

POOB'S MANUAL OF RAILROADS.

History. — Successor, April 6, 1886, to the South Kentucky RR. Co. Road in Kentucky
built in 1887 ; extension to Evausville opened June 1, 1889. (See MANUAL for 1890.) Con-
trol of this property having been acquired by the Chesapeake, Ohio and Southwestern Ry.
Co., this railway will hereafter be operated in close connection with the C., 0. & S. W. sys-
tem, and as a division of the Mississippi Valley Route, but all accounts will be kept
separate.

Rolling Stock, June 80, 1891. — Locomotive engines, 11. Cars — passenger, 10 ; bag-
gage, mail, and express, 2 ; freight (box, 170 ; platform, 41 ; stock, 25 ; coal, 104 ; furniture,
5 ; refrigerator, 3 ; caboose, 4), 352 ; other cars, 30 — total cars, 394.

Operations for year ending June 30, 1891. — Revenue train mileage, 262,990 miles. Pas-
sengers carried, 122,232 ; carried one mile, 2,697,348 ; average mile rate, 2.55 cents. Tons
freight moved, 228,200 ; moved one mile, 16,555,465 ; average ton-mile rate, 1.10 cents.

Earnings.— Passenger $70,669 69

Freight 183,61020

Mail 7,762 80

Express 2,558 95

Miscellaneous 5,802 68

Total (S2,500.73 per mile) $270,404 32

Expenses. — Transportation $69,896 40

Motive Power 23,385 36

Maintenance of Cars 13,411 12

Maintenance Way & Buildings. . 43,429 45
General t 29,064 65

Total ($1,657.14 per mile) .... ... $179,186 9(->

Net earnings (33.73 per cent.), $91,217.33 ; add interest and track rental received, $5,-
614.23 — total available revenue, $96,831.56. Payments : Interest on bonds, $54J065 ; on debt,
$3,311.75 ; on car lien notes, $5,617.66; terminal facilities, $5,400 ; extraordinary expense,
$6,328.55 ; taxes, $434.76— total, $75,157.72. Balance, surplus, $21,673.84 ; surplus forward,
$34,963.41 ; interest surrendered in consideration of guarantee, $53,476; bonds surrendered
in payment of car lien debt and current liabilities, $110,292.35 — total, $220,405.60.

General Balance Sheet, June 30, 1891.

Cost of Road and Equipment $4,591,230 G6

Materials and Fuel on Hand 4,020 98

Current Accounts 14,03197

Cash on Hand 15,334 24

Bonds to Secure Car Liens. . . 86,000 00

Capital Stock ($100 shares) $2,162,600 00

Funded Debt 2,162,600 00

Bills Payable, Real Estate 10,802 00

Car Liens 74,976 09

Unpaid Coupons 54,065 00

Current Accounts 25,169 16

Profit and Loss 220,405 60

Total Assets $4,710,617 85 Total Liabilities $4,710,617 85

Funded debt consists of general consolidated and first mortgage 5 per cent. 50-year
$1,000 coupon bonds, due July 1, 1936, interest payable January and July, at the office of the
Central Trust Co., New York, N. Y. Guaranteed by Chesapeake, Ohio & S. W. Ry. Co.

Annual meeting, first Tuesday in June, at Henderson, Ky. Registrar of stock and trus-
tee of bonds, Central Trust Co., New York, N. Y.

Directors (elected June 7, 1891).— S. S. Brown, Pittsburgh, Pa. ; C. P. Huntington, C.
C. Baldwin, New York, N. Y. ; John Echols, Arthur Cary, Jordan Giles, Louisville, Ky. ;
P. G-. Kelsey, Evansville, Ind.

P. Q. KELSEY, President and General Manager Evansville, Ind.

S. S. Brown, Vice-President Pittsburgh, Pa.

Secretary and Treas.— Jordan Giles. . .Evansville, Ind. \ Auditor— J. W. Terry Evansville, Ind.

Gen. Supt.—J&mes Montgomery " " | Engineer— C. W. Boyden

PRINCIPAL OFFICE AND ADDRESS Evansville, Ind.

Transfer Agency.Continental National Bank, 5 & 7 Nassau Street, New York, N. Y.

OIL CITY AND RIDGWAY RAILWAY AND MINING COMPANY.

Line of Road (as projected).— Oil City, Pa., to Ridgway, Pa about 90 miles.

Completed : Oil City to Cranberry Mines, Pa 6 miles.

Sidings on completed road, 1 mile. Gauge, 4 ft. 8£ in. Rail, 56 Ibs.

History. — 'Ihe completed portion of this road was built during 1876. In May, 1881, the
road, together with 666 acres of coal lands and other property, was purchased by the Buffalo,

POOR'S MANUAL OF RAILROADS. 467

Pittsburgh, and Western RR. Co. for $28,700, subject to a bonded debt of $15,000. That
company expended for betterments, etc., to December 31, 1881, $27,727.43, making the total
cost of the property, $71,427.43. Subsequently the property was sold to the Northwestern
Coal and Iron Co.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $86,550.

Directors.— E. L. Owen, New York, N. Y. ; S. G. de Coursey, Geo. E. Bartol, Win.
T. Tiers, E. W. Clark, Jr., Philadelphia, Pa.

S. G. DE COUKSEY, President Philadelphia, Pa.

See. aiul 7><w.— J. R. Trimble Philadelphia, Pa. | General Manaqer—C. D. R. Stowitz Buffalo, y. Y.

PRINCIPAL OFFICE AND ADDRESS 242 South Third Street, Philadelphia, Pa.

OLD COLONY RAILROAD COMPANY.

Main Lines of Road.— Boston, Mass., to Provincetown, Mass 120.01 miles.

South Braintree, Mass., to Plymouth, Mass 26.04

Braintree, Mass., to Kingston, Mass 32.34

Mayflower Park, Mass., to Newport, R. 1 55.02

Middfeborougb, Mass., to Somerset Junction, Mass 14.96

Ravuham, Mass., to Whittenton Junction, Mass 3.38

New Bedford, Mass., to Fitchburg 91.02

Framinpham to Lowell 26.22—248.88 miles.

Total length of main lines 368.89 miles.

Branches: Easton to Brockton, Mass., 7.56; Middleboro' to Taunton Jc.,
Mass.. 8.04; North Abington to South Hanover, Mass., 7.80; South
Abington to Bridge water, MMSS., 6.12 ; Atlantic to Braintree, Mass., 5.41 ;
Buzzard's Bay to Wood's Holl, Mass., 17.54; Yarmouth to Hyannis,
Mass., 5.05 ; Pratt's Junction to Sterling Junction, Mass., 5.03; Whitten-
ton Junction to Attleborough, Mass., 8.60 ; Tremont to Fairhaven, Mass.,
15.17 ; Neponset to Mattapan, Mass., 3.30 ; North Attleborough to Wai-
pole, Mass.. 12.85; Easton, 1.65 ; Shawm«t, 2.39 ; F. R. \V. & P. Ext.,
2.16; Lancaster, 1.63; Marlborough, 1.47; Framingham Prison, 0.62;

Acushnet, 0.35 ; Brockton, 0.75 113.49 miles.

{Boston and Providence ER. and Branches 63.69

I Nantasket Beach RR 6.95

Leased Lines : •{ Fall River RR 12.25

j Attleborough Branch RR 4.00

[ Chatham RR.: Harwich to Chatham, Mass 7.07— 93.96 miles.

Total length of lines owned and leased, June 30, 1891 576.34 miles.-

Average number of miles operated during fiscal year 569.11 miles,

2d track (owned, 120.51 ; leased, 55.42), 175.93 miles. Sidings (owned, 190.10 ; leased, 58.12;
248.22 miles. Steel rails (owned, 664.58 ; leased, 188.05), 852.63 miles. Gauge, 4 ft. 8$ iu.
Rail— steel, 50 to 78 Ibs.; iron, 56 Ibs.

The Old Colony RR. Co., in addition to its railroad, owns a controlling interest in the
Old Colony and the New Bedford, Martha's Vineyard, and Nantucket (formerly Nan tucket
and Cape Cod) Steamboat Companies.

History. — For complete history showing the various consolidations, extensions, and
leases, see MANUAL for 1885, and subsequent issues. For terms under which the leased lines
are operated, see statement for the several companies, following. The branch from North
Attleborough to Walpole was put in operation early in the year, and contracts have been let
for a branch from Walpole to Norwood to connect with the New York and New England at
the latter pla^e and use its tracks from there to Dedharn.

Rolling Stock, June 30, 1891. — Locomotive engines, 223. Cars — passenger, 464; bag-
gage, mail, and express, 55; freight (box, 1,566 ; stock, 18; platform, 782; coal, 1,693),
4,059; caboose, 54; other, 237 — total cars, 4,869. Of this equipment, 59 locomotives, 112
passenger, 8 baggage, etc., 358 box, 135 platform, 332 coal, 5 caboose, and 86 other cars are
leased. In addition to the above there is leased a joint interest of the B. & P. RR. Co., in 2
P. & \V. RR. locomotives, 24 Wagner drawing-room and sleeping cars, 31 Shore Line pas-
senger and baggage cars, and 13 Stonington Line passenger and baggage cars.

468

POORS MANUA]

-OLD COLONY RR. CO.

Operations for year ending June 30, 1891. — See tabulated statement on page 469.

Earnings.— Passenger $4,801,027 54

Freight 3,024,778 81

Mail and Express * 306,086 88

Miscellaneous 246,558 93

Total ($14,716.75 per mile) S8,376,452 16

Expenses.— Maintenance Way & Buildings. $1, 182. 183 28

Motive Power and Cars 704,636 15

Transportation 3,790,033 21

General and Taxes 733,421 62

Total ($11,369.11 per mile) $6,470,274 26

Net earnings (22.76 per cent.), $1,906,177.90. Add interest and dividends received,
$239,054.06— total available revenue, $2,145,231.96. Payments : Interest on bonds, debt,
etc., $696,213.68; rentals leased lines, $563,373.86; dividends (January 1 and July 1, 1891),
3i per cent, each, $872,690— total, $2,132,277.54. Balance, surplus for year, $12,954.42.

Improvement Account, June 30, 1891.

New Stations, Coal Sheds, & Engine-houses . $33,567 96

New Equipment

25,029 85

Discontinuing Grade Crossings .............. 27,678 83

New Electric and Interlocking Signals.
Balance to Credit, June 30, 1891 . .

37,399 15
481,222 61

Total $604,898 40

Balance, July 1, 1890 $46-1,318 9«

Premium on Stock Sold 123,625 00

4,000 CO

Premium on Bonds Sold

Charged from Earnings for Year 12,954 42

Total

General Balance Sheet, June 30, 1891.

Cost of Road $20,627,736 73 , Capital Stock $12,567,100 00

Cost of Equipment 2,333,367 53 : Liability on Outstanding Stock 9,425 00

Stocks and Bonds Owned

Real Estate

Bost. & Prov. RR.Co., Lease & Imp. Acct.

Providence Terminals

Materials and Supplies

Bills Receivable

Cash

Current Accounts and Balances. . .

1,434,177 37
497,185 44

Funded Debt ........................... 11,957,400 00

Bills Payable ........................... 1,562,561 10

1,550,400 33 Current Accounts and Balances

59,585 13 | Dividends Unpaid (incl. July 1, 1891)

592,410 75 Coupons and Accrued Interest

123,935 02 Improvement Account

638,347 38
570,112 25

Surplus Account

946,711 74
469,140 91
187,031 00
481,222 61
251,665 57

Total Assets $28,432/257 93 Total Liabilities.. $28,432,257 93

Assets, June 30, 1891, included in balance sheet as "Stocks and Bonds Owned." — Old
•Colony Steamboat stock, $967,300 ; Fall River, Warren, and Providence RR. stock and bonds,
$348,655.43; New Bedford, Martha's Vineyard, and Nantucket Steamboat stock, $15,840.83 ;
Union Freight RR. stock, $79,014.42 ; Fall River RR. Co. stock, $5,967 ; Lowell and Fram-
ingham stock, $10,529.69; Oak Bluffs Land and Wharf stock, $100; Sea View Hotel and
Wharf stock, $7,270— total $1,434,177.37.

Statement of funded debt, June 30, 1891 :

Character of Bonds.

Property Mortgaged.

Date.

PAYABLE.

Amount.

Annual
Interest

Interest.

Principal.

1st Mg N B & T

July 1, 1861
June 1, 1869
July 1, 1864
July 1, 1874
Jan. 1, 1880
Mar. 1, 1874
June 1, 1875
Sept, 1, 1876
Aug. 1, 1877
Dec. 1, 1882
July 1, 1884
April 1, 1884
Jan. 2, 1888

6 p. c. J. & J.
7 p. c. J. & D.
6 p. c. J. & J.
7 p. c. J. & J.
5 p. c. J. & J.
7 p. c. M. & S
(j p. c. J. & D.
(5 p. c. M. & S.
6 p. c. F. & A.
4.1 p. c. J. & D.
4 p. c. J. & J.
44 p. c. A.&O.
4 p. c. J. & J.

July 1, 1881
Called Oct. 1 '81
July 1, 1884
July 1, 1894
Jan. 1, 1910
Mar. 1, 1894
June 1, 1895
Sept. 1, 1896
Aug. 1, 1897
Dec. 1, 1897
.July 1, 1904
April 1,1904
Jan. 1, 1938

$1,000
400
4,000
400,000
1,912,000
1,692,000
500,000
1,100,000
2,000,000
200,000
750,000
498,000
2,900,000

lstMg.5-20'sF.&W.
1st M" Agr. Br

'$28,o66
96,600
118,440
30,000
66,000
120,000
9,000
30,000
22,410
116,000

IstMg. N.Bedford.
lstMg.B.,C.F.&N.B
Old Colony .
Old Colony
Old Colony
Old Colony
Old Colony
Old Colony

N. B. RR. & Branches, 58 m. .
125 ms. of road includ. above.
Coupon and reg. (not mortg'e)
Coupon and reg. (not mortg'e)
Coupon and reg. (notmortg'e)
Coupon and reg. (not mortg'e;
Registered (not mortgage)
Registered (not mortgage). . . .
Coupon

Old Colony
|p' Total

Registered (not mortgage) ....

11,957,400

*635,450

* Exclusive of interest on bonde paet due.

Annual meeting, last Tuesday in September. Securities listed on Boston Exchange.
Dividends will hereafter be paid quarterly, on the first days of December, March, June,
and September, from the earnings of the previous quarters.

POOR'S MANUAL — OLD COLONY SYSTEM.

469

Statement of operations, capital accounts, etc., for five years (1885-1889) ending Septem-
ber 30, and two years (1890-1891) ending June 30 :

1885

1886

1887

1888

1889

1890 1891

Miles of Railroad Owned
Miles of RR. Operated..
Miles of Track Owned. .
Miles of Steel Rail
Locomotive Engines
Passenger Cars
Baegage. Mail, etc., Cars
Freight Cars
Passenger Train Miles..
Freight Train Miles.. .
Total Train Miles
Passengers Carried
Passenger Miles..

427.40
469.07
646.69
458. 25
127
244
39
2,291
1,700,997
719,689
3.354,124
8,320,874
124.174.6S1

453.27
468.46
701.22
521.71
188
267
42
2,331
1,840,975
925,383
3,551,854
9,068.790
134.813,164

4«4.01
476.26
730.06
548.48
140
276
43
2,430
1,978,110
778,503
3,769,322
9,522.367
165,322.161

469.53
521.43
743.54
560.47
210
439
50
3,184
2,589,957
967,608
4,681,104
14.689.497
190.916.593

469.53
563.55
753.22
572.81
216
443
53
3,142
3,298,260
1,215,316
5,894,452
20,283,156
237,133,597

482.38 482.38
563.55 569.11
786.34 793.90
605.21 664.58
220 223
449 464
55 55
4,080 4,059
3,427,903 3.610,353
1,426,221 1,491.750
6,191,464| 6,410,542
21,305,226! 22,395,487
249,441,807 263,581,669

Freight (tons) Moved. . .
Freight (ton) Miles

Passenger Earnings
Freight Earnings
Mail, Express, etc

1,692.125
6,134,191

s

2,229.961

1.764.839
256.836

1,H64,30»)
63.360,258

2,382.049

1,857.264
2*8.719

1,934,091
68.755.814
S
2,572,576
1,995.924
200,222

2,410.33<>
81,490.335

3,530.875

2.416.56«

375,187

2,997.044
99.623,593

4.408.078
2.867,112
451.121

3.076,198 3,455.500
112,893,604 114.945,965
S S
4.541,061 4.801.027
2.999.412 3.024,779
479.822 550.646

- Earnings
Operating Expenses...

4,251.186
2.970,1:30

4.528.032
3.225.104

4,768,722
3.695.471

6,322,628
4,637.667

7.726.311
5,731.276

8,020.295 8,376,452
5,960,439 6.470.274

Net Earnings

1,281,056

1,302,928

1,073251

1,684,961

1,995.035

2.059,856 1,906,178

Interests, Dividends, etc.

79,334

89,932

368.586

94,091

132,766

135.724: 239,054

Available Revenue
Interest

1,360,390
551 425

1,392,860

58° 535

1,441,837
597 897

1,779,052
636 368

2,127,801
672 132

2,195,579 2,145.232
658 676 696 214

Rent, etc

45 594

32694

16 134

265 559

560 995

584 606 563 374

Dividends

(7) 738,122

(7) 761,747

(7) 788.615

(7) 802,763

! (7) 830,655

(7) 844,683 (7) 872,690

Gross Earnings per Mile.
Gross Expenses per Mile
Net Expenses per Mile. .
Expenses to Earnings . .
Av. Rate per Pass. p. M.
Av. Rate per Ton per M.

Capital Stock

9.063 01
6.331 96
2,731 05
69.86 p. c.
1.79C.
2.93C.
S
10,848.620

9,665*78
6,88448
2,781 30
71.23 p. c.
1.70C.
2.93 c.
$
11.176.535

10.216 20
7,418 20
2,798 00
72. 62 p. c.
1.50c.
1.90c.

11,376.525

12.125 56
8.894 16
3,231 40
73.35 p. c.
1.82r.
2.96C.

11,776,525

13,710 07
10.169 95
3,540 12
74. 18 p. c.
1.86c.
2.88c.
8
11 976 525

14.231 73! 14,716 75
10.576 24 11.369 11
3.655 49 3,347 64
74. 32 p. c. 77. 24 p. C.
1.83C. 1.82c.
2.66c. 2.63c.
S S
12.376 525 12.576.525

Funded Debt

9 473 300

9,607,300

9 607300

11 166 900

11 354 400

11 615 400 11 957 400

Bills Pavable

530 <)9S

711 561

898 061

595 561

498 561

934 561 i 1 56° 561

Sundry Accounts . .

779 031

704,425

815371

1 3:22 209

1 424 279

2 183 2891 2 084 106

Profit and Loss

762,516

762,516

762,516

762.516

762,516

251.664 251.666

Total Liabilities....
Construction

22,394,465
17 031 579

22,962,327
18 Ot>!> 153

23,457,773
18 501 811

25,623,711

18 733 686

26.016,281
jq JOQ 345

27,361.439; 28,432,258
19 826 559 : 20 6°7 737

Equipment. .

2 165 759

2' 165^759

2 190 478

2 228 373

2 '238 799

0 °44 71° 2 333 36S

Other Investments
Boston (fcProv.RR. Lease

2.160,518

1,726,501

1,689.562

1,789.563
1 293 500

4,981,368

1 284 363

1.931.363! 1,990,948
1 270 750 ; 1 555 400

Supplies and Materials..
Bills Receivable
Accounts and Balances.
Cash on Hand

449,034
130J89
287.009
170,377

415.287
124.185
303/235
202,207

422.131

124.185
304,869
226.737

608,933
90,685
428.664
450,307

561.624
90.685

471.598
317,504

575.143 592,411
90,685 123.935
621.254 570.112
800,973 i 638.347

Total Assets . . .

22,394 465

22 962 327

23 459 773

25 6°3 711

26 016 281

27 361 430 °8 432 258

RAILROADS LEASED BY THE OLD COLONY RAILROAD Co.

ATTLEBOROUaH BRANCH RAILROAD.— Atrleborouffh to North Attleborough. 4 : total trnck
steel, 4 miles), 5 miles. Chartered February 8, 1887 : road opened January 9. 1S70. Leased formerly to the Bos-
ton and Providence RR. Co. ; lease transferred to the Old Colony RR. Co. on April 1, 188$. Capital stock mar,
100) .$131,700 ; surplus, $738.63-total, $135,438.63. Contra: Cost of read. §131,416.48 : cash, §1,022. 15- total.
13->.43h.63. Lease rental, year ending June 30, 1891, $9,219 ; other receipts, S327.50— total. $9,546.50. Dividends,
January and July, each 3.V per cent., $9,219. Surplus for year, $327.50. Dividends paid at Attk-borough. Mass.
' i, T> BiliROWs> President, North Attleborough, Mass. ; H. N. Daggett, Treasurer, Attleborough Fall*, Mas*. :

nson, Secretary, Attleborough, Mass. PRINCIPAL OFFICE, Attleborough Falls. Mass.

BOSTON AND PROVIDENCE RAILROAD.— Boston. Mass.. to Providence, R. I., 44 miles.

penes: W«*t Roxbtiry, 5.37: JJedham, 2.22; 8tOugMon,4M ; India Point, 8.0.5— total. 19.69. Total length

lines. 63.69 miles. Second track, 55.42 ; 3d track, 8.67 ; sidings. 50.57 miles. Gauge, 4 ft. 8.1 in. Rail (steel,

ni™1!-68?' 70 lb?' Chartered Ju]y 22, 1831 ; road opened in August, 1835. (See MANUAL for"l891.) Leased to-

Old Colony RR. Co. for 99 years from April 1, 1888, at an annual rental of 10 per cent, on stock. Income

count for year ending June 30, 1891 : Rental, $509,650 ; organization expenses, $5,008.60. Net income. $5<U.-

Payments : Interest on bonds, $101,400 : dividends on stock (J.. A., J. & O., 2$ per cent. each). $400.000

^ali -0!11',400- Surplus, $3.241.40. Surplus forward, $75.980.39— total. $79.221.79. Add premium on bonds,

• r- ' $80,021.79, and deduct old accounts settled. $3.532.38 : net surplus. June 30, 1891, $76,489.41.
ei-->Tf£7<?/'"a' Statement, June 30, 1891.— Capita] stock. $4,000,000 ; funded debt, $2,165,000 : current.accounts,
io.42d.49 ; profit and loss. $76,489.41— total. $6.393.912.90. Contra : Cost of road and equipment. $5.917,322.65 ;
stocks and other investments, $315,093.40 : cash. $161,496.85— total, $6,393,912.90.

470

POOR S MANUAL OF RAILROADS.

The funded debt consists of $500,000? per cent. 20-year bonds, due July 1, 1893, interest January and July,
and $1,665,000 (authorized, $2,000,000) 4 per cent. 30-year bonds, due July 1, 1918, interest January and July.

Interest payable at treasurer's office, Boston, Mass. Annual meeting, second Wednesday of October. T. P. I.
GODDARD, President, Providence, R. I. ; Benjamin B. Torrey, Treasurer and Clerk, Boston, Mass. GENERAL
OFFICE, Boston, Mass.

CHATHAM RAILBOAD.— Harwich, Mass., to Chatham, Mass., 7.07 miles. Sidings, 0.95 mile. Gauge,
4 ft. 81- in. Rail (steel, 7.07 miles), 50 Ibs. Chartered March, 1887. Road opened November 21, 1887. Leased to
the Old Colony RR. Co., January, 1888 ; lease may be terminated after January, 1895. Rental for year ending
June 30, 1891. $2,940.38 ; other receipts, $108.33— total, $3,048.71. Expenses and taxes, $36336. Net income,
$2,685.35. Paid interest on bonds, $1,800. Balance, surplus, $885.35. Capital stock, $68,200 ; funded debt (let
mortgage 6 per cent. 15 year bonds, due November 1, 1902, interest May and November, $10.000; due 1907, $20,-
000), $30,000 ; unfunded debt, $333.33 ; income balance, $2,051.94— total, $100,585.27. Contra : Cost of road, etc.,
$98,969.16 ; stocks, etc., $678.95 ; assets, $937.16— total, $100,585.27. Interest payable at Boston Mass. MAR-
CELLUS ELDRIDGE, President, Portsmouth, N. H. ; Charles Bassett, Treasurer and Clerk, South Chatham, Mass.
GENERAL OFFICE, Chatham, Mass.

FALL RIVER RAILROAD.— New Bedford, Mass., to Fall River, Mass., 12.25 miles. Sidings, etc.,
1.70 miles. Rail (steel, 12.72 miles), 56 Ibs. Organized August 15, 1874 ; road opened December 16, 1875. Leased
for 99 years from April 1, 1882. to the Old Colony RR. Co., at an annual rental equal to 30 per cent, of the gross
•earnings ($10,000 per annum guaranteed) ; lessee to adjust and pay all liens on the property having priority to the
mortgage bonds. Rental to be paid in the following manner : (1) Interest on the first mortgage bonds at the
reduced rate of 5 per cent, per annum, to be paid half-yearly, each holder being first required to contribute 5 per
•cent, on the value of his bonds toward payment of prior liens on the property. (2) All taxes upon the franchise
and property of the company, as the same becomes due. (3) The balance, if any, to be paid over annually to the
treasurer of this company. Rental for year ending June 30, 1891, $16,604.18. Paid taxes, $395.86 ; interest on
bonds, $10,000. Surplus, $6,208.32. Financial Statement, Jfune 30, 1891.— Capital stock, $200,000 : funded debt,
1st mortgage 5 per cent, (reduced from 7 per cent.) 20-year bonds, due April 1, 1895, interest April and October.
$200,000 ; bills and accounts, $43,096.24 ; income balance, $1,356.21— total, $444,452.45. Contra : Cost of road;
$443,832.29; other assets, $620.16— total, $444.452.45. CHARLES F. CHOATE, President; J. M. Washburn, Treas-
urer ; William Rotch, Secretary, Boston, Mass.

NANT ASKET BEACH RAILROAD.— Old Colony House, Hingham, to Pemberton (Hull), Mass ,
6.93 miles. Sidings, etc., 2.54 miles. Gauge, 4 ft. 8| in. Rail (steel, 6.93 miles), 56 Ibs. Reorganization of a
company of the same name, whose property was sold under foreclosure January 7, 1884. (See MANUAL for 1891.)
Leased in 1888 to the Old Colony RR. Co. for 99 year?, at a yearly rental of $6,250. Equipment and other property
purchased by the lessee for $27,500. Lessee has the option under the lease of purchasing the property after the
maturity of the bonds in 1901, for the sum of $150,000. Financial Statement, June 30, 1890.— Funded debt (1st
mortgage 6 per cent. 20-year bonds, due October 1, 1900, interest payable April and October at Boston Safe Deposit
and Trust Co., Boston, Mass.), $250.000. Contra : Cost of road, $250,000. A. W. MOORS, Trustee, Boston, Mass.
GENERAL OFFICE, Pemberton (Hull), Mass.

Board of Directors, Old Colony RR. Co., elected September 29, 1891.

Charles F. Choate.Southboro', Mass.
Frederick L. Ames. . . .E'aston, "
Thos. J. Borden . . . Fall River, "
John S. Bray ton...

Charles L. Levering. .Taunton, Mass.
Wm. J. Rotch . .New Bedford, '
John J. Russell. . . .Plymouth, '
Joshua M. Sears Boston, "

Thomas Dunn Newport, R. I.

George P. Gardner . . .Boston, Mass.
James R. Kendrick. . . "

Abbott Lawrence " "

Nathaniel Thayer Lancaster, Mass

CHARLES F. CHOATE, President Boston, Mass.

Frederick L. Ames, Vice-President Boston, Mass.

Treas. & Tran. Agt.— John M. Washburn. Boston, Mass. | Clerk— Edward G. Parker Boston, Mass.

General Manager —James R. Kendrick Boston, Mass.

PRINCIPAL OFFICE AND ADDRESS Boston, Mass.

OMAHA AND ST. LOUIS RAILROAD COMPANY.

Line of Road. — Pattonsburg, Mo., to Council Bluffs, la 145 miles.

Sidings, etc., 22.70 miles. Gauge, 4 ft. 8i in. Rail (steel, 1.45 miles), 58 and 60 Ibs.

History. — Organized May 18, 1887, by the purchasing bondholders of the Omaha Divi-
sion of the Wabash, which was sold under foreclosure December 28, 1886.

Rolling Stock, June 80, 1891. — Locomotive engines, 16. Cars— passenger, 4; chair, 1 ;
baggage, mail, and express, 4; freight (box, 375 ; stock, 88 ; coal and flat, 108 ; caboose, 11),
582 — total cars, 591. Also 2 bridgemen's and 1 pile-driver car.

Operations for year ending June 30, 1891.— Train mileage— passenger, 106,133 ; freight,
386,932 ; other, 115,401 — total, 608,466 miles. Passengers carried, 105,590 ; carried one mile,
4,414,721 ; average mile rate, 2.26 cents. Tons freight moved, 501,568 ; moved one mile,
54,916,932 ; average ton-mile rate, 0.698 cents.

Expenses.— Transportation $269,485 61

Maintenance of Equipment 75,843 26

Maintenance Way, etc 54,394 33

General... .. 61,450 09

Earnings.— Passenger $114,417 36

Freight 383,749 78

Mail and Express 26,900 14

Miscellaneous ... 420 00

Total ($3,624.05 per mile) $525,487 28

Total ($3,180.50 per mile) $461,173 29

POOR'S MANUAL OF RAILROADS. 471

Net earnings (12.26 per cent.), $64,413.99. Application of net earnings not reported.
First mortgage coupon of January 1, 1891, and four following were funded as stated below.

Financial Statement, June 30, 1891.— Common stock, $2,313,000; preferred stock,
*2.220,500 ; funded debt (1st mortgage 4 per cent. 50 year $1,000 gold bonds, due January 1,
I'.i:!?. interest payable January and July, $2,717,000 ; 2d mortgage 5 per cent. 50-year $1,000
gold bonds, due May 1, 1940, interest June and December, $51,000), $2,768,000 ; funded
interest certificates, being for coupons due January 1, 1891, to January 1, 1893, each, inclusive
from 1st mortgage bonds, $271,700 ; interest on 1st and 2d mortgage bonds, $1,135 ; accrued
interest on funded interest certificates (5 p. c.), $6,792.50 ; bills payable, $36,226.27 ; due rail-
roads and individuals, $5,620.38; June pay-rolls, $22,150.32; vouchers not entered, $38,483.47:
accrued interest on funded debt, not yet payable, $212.50 ; profit and loss, $96,598.68 — total,
$7,780,419.12. Contra : Cost of road— reorganization, $7,390,922.01 ; permanent improvements,
$41,973.14; materials, etc., $39,404.07; current accounts, $28,247.30; cash, $8,145.60;
coupons for funding (from 1st mortgage bonds) not yet presented, $54,340 ; coupons not yet
due from 1st mortgage bonds, $217,360— total, $7,78*0,419.12.

In the reorganization, holders of Ohaha Division 1st mortgage bonds received for each
$1,000 bond $1,140 in new 4 per cent, bonds, $960 in 6 per cent, non-cumulative preferred
stock, and $1,000 in common stock, which common stock is deposited in trust for three years.
The 2d mortgage bonds were authorized in April, 1890, at the rate of $4,000 per mile on
road constructed or to be constructed. The amount contemplated to be issued is $580,000,
covering the present mileage, the bonds to be issued as required during the next two years
for betterments, improvements, and equipments. Bonds of both issues are for $1,000 each
and are coupon, but may be registered at the office of the trustee. Trustee of first mortgage
"bonds, United States Trust Co., New York ; of second mortgage bonds, Farmers' Loan and
Trust Co., New York. Interest payable at the office of the trustee.

Five coupons of first mortgage bonds, beginning with the coupon due January 1, 1891,
were funded into 5 per cent, bonds, due 1937, but redeemable at option of company, the new
bonds being secured by deposit of the coupons in trust.

Directors. — John H. Beach, James H. Smith, Henry W. Eaton, George Warren Smith,
Charles G. Thompson, Edward W. Sheldon, New York, N. Y. ; W. H. M. Pusey, Council
Bluffs, la.

JAMES H. SMITH, President ............... 31 Nassau St., New York, N. Y.

. <{• Treas.— Henry W. Eaton.. New York, X.Y. I Gen. Afanaaer—F. M. Gault ......... Council Bluffs, Ia»

Secretary— Edward W. Sheldon ....... " " | Auditor — W. L. Bedison ............

PRINCIPAL OFFICE AND ADDRESS ....................... . ..... Council Bluffs, la.

Transfer Office (United States Trust Co., Registrar) . .45 Wall St., New York, N. Y.

ORANGE BELT RAILWAY COMPANY.

Line of Completed Road.— Sanford, Fla., to St. Petersburg, Fla 152.8 miles.

Sidings, 3.8 miles. Gauge, 3 ft. Rail (steel), 154.6 miles, 25 Ibs ; 2 miles. 56 Ibs.

History.— Chartered April 20, 1885, and road opened from Monroe to Oakland, 31.5
miles, and branch to Longwood, 2.5 miles, November 15, 1886. Charter amended November
20, 1886. Extension to St. Petersburg completed in 1888, and from Monroe to Sanford, 13.4
miles, April 12, 1889. The Longwood Branch has been abandoned.

Rolling Stock, June 30, 1890. — Locomotive engines, 10. Cars — passenger, 11 ; baggage,
mail, and express, 4 ; freight (box, 24 ; stock, 1 ; platform, 33), 61 ; caboose, 1— total cars, 77.

Operations not reported.

Financial Statement. — Capital stock, $850,000 ; funded debt, 1st mortgage 6 per cent.
20-year gold bonds, due January 1, 1907, $700,000— total stock and bonds, $1,550,000.

The bonds are for $1,000 each, coupon, with privilege of registration, redeemable after
5 years at par and accrued interest ; interest payable on the 1st days of January and July at
the office of the trustee, the Farmers' Loan and Trust Co., New York. They are guaranteed

472 POOR'S MANUAL OF RAILROADS.

by the Orange Belt Investment Co., which owns over 50 percent, of the stock. The remainder
of the stock was given as a bonus with the bonds, at the rate of $250 with each $1,000 bond.
Annual meeting in March.

Directors (elected March 12, 1891).— E. T. Stotesbury, Philadelphia, Pa.; F. V. Dare,
New York, N. T. ; T. E. Wilson, Sylvan Lake. Fla. ; L. Y. Jeuness, St. Petersburg, Fla.;
Wm. Macleod, Oakland, Fla.

E. T. STOTESBURY, President Philadelphia, Pa.

William Macleod, Vice- President and General Manager Oakland, Fla.

Sec. and Treas.—Qeo. A. Hill Oakland, Fla. | Superintendent— A.. J. Grant Oakland, Fla.

PRINCIPAL OFFICE AND ADDRESS Oakland, Fla.

Transfer Office Farmers' Loan and Trust Co., New York, N. Y.

ORCHARD BEACH RAILROAD COMPANY.

Line of Road.— Saco River, Me., to Old Orchard Beach, Me 3 miles.

Sidings, etc., 0.345 mile. Gauge, 4 ft, 8| in. Rail, 60 Ibs.

History. Chartered February 7, 1876 ; road opened June 26, 1880. Operated during
summer months iu connection with Boston and Maine RR.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 8 ; baggage, mail, etc. 1.

Operations for year ending June 30, 1891. — Trains run (passenger), 6,978 miles. Passen-
gers carried, 52,461 ; carried one mile, 139,638. Earnings — passenger, $4,772.55 ; mail, $25 —
total, $4,797.55. Operating expenses, $3,698,97. Net earnings, $1,098.58. Paid interest on
debt, $435.75 ; taxes, $26.13— total payments, $461.88. Surplus for year, $636.70. Surplus
from last year, $^69.68 ; increase in value of materials, $728.80— total surplus, $2,235.18.

Financial Statement, June 30, 1891. — Capital stock $50,000; current accounts, $10,-
220.40; profit and loss, $2,235.18— total, $62,455.58. Contra: Cost of road, $47,424.52;
equipment, $14,280.52 ; material and fuel, $750.54— total, $62,455.58.

Directors (elected October 22, 1891). George C. Lord, Newton, Mass.; S. C. Lawrence,
Medford, Mass.; Amos Paul, Newmarket, N. H. ; Frank Jones, Portsmouth, N. H. ; Joseph
S. Richer, Deering, Me. ; William T. Hart, Boston, Mags.

FRANK JONES, President Boston, Mass.

Treasurer— Amos Blanchard Boston, Mass. | Clerk— M. L. Williams Portland. ^Ie.

PRINCIPAL OFFICE AND ADDRESS Boston, Mas<.

OREGON PACIFIC RAILROAD COMPANY.

Line of Road.— Yaquina Bay, Ore., to Boise City, Idaho 600 miles.

Completed and in operation, June 30, 1891 : Taquina City to Coe, Ore 140 miles.

This company operates a line of steamboats on the \Villamette River, between Portland
and Corvallis, in connection with its rail lines.

Rolling Stock. — Locomotives, 16. Cars — passenger, 5 ; passenger and baggage, 2 ; bag-
gage, mail, and express, 4 ; other car in passenger service, 1. Freight cars — stock, 1 ; flat
cars, 81 ; caboose, 5 ; box cars, 253 — total, freight cars, 340; also 1 derrick c;ir.

Operations . — Not reported.

Financial Statement, June 30, 1891. — Capital stock authorized at rate of $30,000 per
mile, $18,000,000 ; amount outstanding, not reported. Funded debt, 1st mortgage 6 per cent.
20-year gold bonds, due October 1, 1900, interest payable October 1 and April 1, authorized
at rate of $25,000 per mile ; amount issued, $15,000,000. Default was made in payment of
interest due October 1, 1890, and on October 28 fallowing the road was placed in the hands
of T. E. Hogg, Receiver. Sold under foreclosure January 20, 1892, and purchased for the

POOR'S MANUAL OF RAILROADS. 473

bondholders. The bondholders have decided to bring suit to have the sale set aside and to
prepare a new plan of reorganization.

Directors.— John I. Blair, Blairstown, N. J.; Osgood Welsh, X. S. Bentley, H. C. At-
wood. C.eorge S. Coe, New York, X. Y. ; William M. Hoag, T. E. Hogg.Wallis Xash. B.W.
Wilson, Thomas Graham, Zephin Job, G. R. Farra, R. B. Job, E. A. Abbey, Corvallis, Ore. ;
A. Hacklemnn, Albany, Ore.

T. EGENTON HOGG, President and Receiver Corvallis, Ore.

William M. Hoag. Vice- President and General Manager Corvallis, Ore.

Wallis Xash, 2d Vice-President Corvallis, Ore.

Norman S. Bentley. 3d Vice-Pres., Treas., and Asst..Sec. .Xew York. X.Y.

— Zephin Job Corvallis, Ore.. | Comptroller— C. C. Hogue Corvallis, Ore.

PRINCIPAL OFFICE AND ADDRESS Corvallis, Ore.

Xew York Office. . 45 William Street.

OWASCO RIVER RAILWAY COMPANY.

Line of Road.— Auburn to Owasco Lake.. N. Y 2.14 miles.

Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History.— Chartered June 2, 1881. Road opened in 1883.

Rolling Stock.— Locomotive engine, 1, Cars (flat) 11.

Operations for year ending June 30, 1891. — Trains run (freight), 882 miles. Tons
freight moved, 16,3,;? ; moved one mile, 16,357. Gross earnings (freight), $5,031.17. Op-
erating expenses, $4,933.95. Net earnings, $97.22. Paid interest on debt, *493.54 ; rentals,
$50 ; taxes. $424.50— total, $968.04. Balance, deficit, $870.82 ; surplus from last year, s-J2,-
564.04; charges during year, $5— total surplus, $21,688.22.

Financial Statement, June 30, 1891.— Capital stock, $30,000 ; other liabilities, $9,096.49 ;
profit and loss. .$21,688.22— total, $60,784.71. Contra : Cost of road, $53,627.34 ; equipmeLt,
$7,157.37— total, $60,784.71.

Annual meeting, first Tuesday in June, at Auburn, X. Y. Registrar of stock, the
Treasurer.

Directors (elected June 2, 1891).— Cyrenus Wheeler, Jr., John S. Clarke, Orrin H. Bur-
dick, Gorton W. Allen, William A. Kirby, John H. Osborne, Henry J. Rosters, Horace M.
Whipple, David Herbert, Allen McKain, Thomas M. Osborne, Clement B. Kosters, Calvin
Young, Auburn, X. Y.

THOMAS M. OSBORNK, President Auburn, X. Y.

John H. Osborne, Secretary and Treasurer Auburn, N. Y.

PRINCIPAL OFFICE AND ADDRESS. . . .Auburn, X. Y.

PACIFIC AND GREAT EASTERN RAILWAY COMPANY.

Line of Road.— Fayetteville, Ark., to Wyman, Ark 7.25 miles.

Oauge 4 ft. 8* in. Rail (iron), 45 Ibs.

History.— Chartered May 20, 18S4, to build a railroad from Cottonwood Point. Mo., to
the Indian Territory Line at Washington County, Ark. Road completed as above in 1885.

Rollins: Stock. — Locomotive engines, 2. Cars — passenger, 1 ; freight (platform), 2.

Operations, etc. — X^ot reported.

Financial Statement.— Capital stock, $320,000.

Directors.— B. R. Davidson, P. F. Davidson, Geo. S. Albright, E. B. Harrison, James
H. Van Hoose, Fayetteville, Ark.; H. H. Dorsey. Wahoo, Xeb. ; David Dean, Ashland, Xeb.

B. R. DAVIDSON, President Fayetteville, Ark.

Davia Dean, Vice-President Ashland, Xeb.

Trtamrtr—R. H. Dorsey Wahoo. Neb. ' Secre fary— P. F. Davidson Fayetteville, Ark.

PKINCIPAL OFFICE AND ADDRESS Fayetteville, Ark.

474

PADTJCAH, TENNESSEE AND ALABAMA RAILROAD COMPANY.

Line of Road.— Paducah, Ky., to Hollow Rock, Tenn 88.5 miles.

Sidings, etc., 5 niiles. Gauge, 4 ft. 8£ in. Rail (steel), 60 Ibs.

History. — Consolidation in July, 1889, of the Paducah and Tennessee RR. Co. (chartered
in Kentucky March 6, 1854 ; amended March 5, 1873, and February 25, 1888), the Paducah
and Tennessee Ry. Co. (organized in Tennessee, March 25, 1888), and the Paducah and Ten-
nessee RR.s Co. (organized in Tennessee, March 20, 1888). Road completed from Paducah,
Ky., to Puryear, Tenn., in 1890, and to Hollow Rock towards the close of 1891. An ex-
tension from Hollow Run to Florence, Ala., a distance of 125 miles, is contemplated.

Rolling Stock, July 31, 1891. — Locomotive engines, 7. Cars — passenger, 4 ; baggage,
etc., 2 ; freight (box, 140 ; fiat, 55 ; stock, 10 ; coal, 5), 210 ; caboose, 1— total cars, 217.

Operations for four months ending July 31, 1891. — Train mileage and traffic statistics
not reported. Gross earnings, $42,518.23. Operating expenses, $17,500.57. Net earnings,
$25,017.66. Paid interest on bonds (4 mos.), $22,000. Surplus, $3,017.66.

Financial Statement.— Capital stock (authorized, $5,000,000 ; par, $100), outstanding,
$1,105,000. Funded debt consists of 1st mortgage 30-year 5 per cent. $1,000 gold coupon
bonds, dated October 12, 1891, due July 1, 1920, interest payable January and July, principal
and interest payable at the office of the Central Trust Co., New York, N. Y., or at the St.
Louis Trust Co., St. Louis, Mo. These bonds are authorized at the rate of $20,000 per mile
of completed road. Total authorized, $1,818,000, of which outstanding on January 1, 1892,
$1,320,000. Trustee, St. Louis Trust Co. St. Louis, Mo. The stock is to be issued at the
rate of $20,000 per mile of constructed road.

Annual meeting in December, at Paducah, Ky.

Directors (elected December 2, 1891) —T. H. Puryear, J. W. Fristoe, Charles Reed,
Paducah, Ky.; J. W. Phillips, Ed. Cunningham, Jr., St. Louis, Mo.; A. B. Lamb, J. J.
Head, J. W. Booth, Paris, Tenn.; L. C. Linn, Murray, Ky.

T. H. PURYEAB, President Paducah, Ky.

J. W. Phillips, 1st Vice- President St. Louis, Mo.

A. B. Lamb, 2d Vice-President Paris, Tenn.

Treasurer— 3 . W. Harrison St. Louis, Mo. | Secretary— J. W. Fristoe Paducah, Ky .

PIUNCIPAL OFFICE AND ADDRESS Paducah, Ky.

PALMETTO RAILROAD COMPANY.

Line of Road.— Hamlet, N. C., to Cheraw, S. C. . . 18.2 miles.

Sidings, 1.5 miles. Gauge, 4 ft. 9 in. Rail (steel), 50 Ibs.

History.— Organized January 10, 1884. Road opened September 21, 1887.

Rolling Stock, June 30, 1891. — Locomotive engine, 1. Cars — passenger, 1 ; freight, 4.

Operations for year ending June 30, 1891 (latest reported).— Train mileage (mixed),
113,568. Passengers, 4,159; one mile, 55,252. Tons freight, 6,420: one mile, 101,436.
Earnings— passenger, $2,292.80 ; freight, $7,900.59 ; mail, etc., $645.41— total, $10,837.80.
Operating expenses, $9,781.71. Net earnings, $1,056.09 ; add other receipts, $43.52— total,
$1.099.61. Paid dividends (in guaranteed stock), $12,000 ; taxes, $417.93; loss through bank
failure, $752— total, $13,169.93. Deficit, $12,070.32; deficit forward, $62,631.13— total.
$74,701.45.

Financial Statement, June 30, 1891.— Common, $100,000; preferred, $200,000; and
guaranteed dividends unpaid, $178,287.55— total, $478,287.55. Contra : Cost of road, $286,-
848.18 ; rolling stock, $12,814.47 ; charter and franchises, $100,000 ; cash, $3,923.45 ; profit
and loss, $74,701.45— total, $478,287.55.

Dividends payable January and July, at Richmond, Va. Preferred stock is secured by
first mortgage on the company's property. Registrar of stock, J. H. Sharp, Wilming-
ton, N. C.

POOR'S MANUAL OF RAILROADS. 475

Directors. — Joseph P. Brinton, Charles Cbauncey, Moncure Robinson, Philadelphia, Pa.;
Philip A. Wellford, Charles E. Wellford, Richmond, Va.

\\'M. MONTI-RE. Acting President "„>' 5 -ident. . .Wilmington, X. C.

J. H. Sharp, Secretary and Treasurer Wilmington, X. C.

PRINCIPAL OFFICE AND ADDRESS Wilmington, X. C.

PARIS, MARSHALL AND SABINE PASS RAILWAY COMPANY.

Line of Road Projected.— Sabine Pass, Tex., to Paris, Tex 400 miles.

Completed : Marshall, Tex., to Montvale Springs, Tex 16 miles.

Sidings, 1 mile. Gauge, 4 ft., 8£ in. Kail (steel, 12 miles), 35 Ibs.

History. — Reorganization April 14, 1887, of the Marshall. Paris and Xorthwestern RR.
Co. Early in 1891 the general manager was appointed receiver, and in December, 1891, he
applied to the State District Court for permission to suspend operations.

Rollins: Stock, June 30, 1891. — Locomotive engine, 1. Cars — platform, 7 : caboose, 1 ;
other, 3 — total cars, 11.

Operations for year ending June 30, 1891.— Tons freight moved, 18,907. Earnings —
passenger, $1,222 ; freight, $14,401.23— total, $15, 623.23. Expenses— transportation, $4,139-
.41 ; maintenance of cars, $784.65; maintenance of way, etc., $8,527.16 ; general, $1.053.95
—total, $14,505.17. Xet earnings, $1,118.06.

Financial Statement, June 30, 1891. -Capital stock (authorized, $4,000,000 ; par, $100),
$150,000 ; funded debt, 1st mortgage 6 per cent. 30-year $1,000 gold coupon bonds, due July
1, 1918, interest payable January and July, $156,000 ; bills payable, $3,000; receiver's cer-
tificates, $11,000; current accounts, $6,440.58— total, s326.440.58. Contra: Cost of road
and equipment. $200,518.57 ; current accounts, S313.85; bills receivable, $113.25 ; profit and
loss, $125,594.91— total. $326,440.58. Interest payable at the office of the trustee, Central
Trust Co.. Xew York, X. Y. Stock must be held 60 days to entitle holder to vote. Annual
meeting, last Tuesday in June, at Paris, Tex.

Directors (elected June 26, 1891) — D. H. Scott, John Martin, Paris, Tex. ; E. J. Fry
Marshall, Tex. ; J. S. Groce, Dallas, Tex. ; A. Gilmer, Orange, Tex. ; TV. A. Fletcher
Beaumont, Tex. ; R. H. Allen, Memphis, Tenn.

J. TV. HARLE, Receiver and General Manager Marshall. Tex.

D. H. Scott, President Paris, Tex.

Treasurer.— E. J. Fry Marshall, Tex. [ Secretary— E. J. Baldwin Paris. Tex.

PRINCIPAL OFFICE AND ADDRESS Paris, Tex.

PAWNEE RAILROAD COMPANY.

Line of Road.— Pawnee, 111., to Junction St. L. & C. Ry., Ill 4.11

Trackage : Pawnee Junction, 111., to Glenarm 2.50—6.61 miles

Sidings, etc., 0.5 mile. Gauge. 4 ft. 8$ in. Rail (steel), — Ibs.

History. — Chartered in 1888 ; road completed as above in 1889. Since the close of the
fiscal year an extension has been built from Pawnee Junction to Auburn, 111., 5.89 miles.

Rolling Stock, June 30, 1891.— Locomotive engine, 1. Cars — passenger, 1; freight
tcoal), 1 — total, 2.

Operations for year ending June 30, 1891.— Train mileage, mixed, 12,812 ; other, 150—
total, 12,962 miles. Passengers carried, 8.794; carried one mile, 61,558. Tons freight
moved, 9,959 ; moved one mile, 69,713. Earnings— passenger, $1,534.97 ; freight, $4,306.25 ;
express, $134.15— total, $5,975.37. Operating expenses, $5,054.78. Xet earnings, $920.59.
Paid taxes and permanent improvements, $845.75. Balance, surplus, $74.84. Surplus for-
ward, $489.50— total, $564.34.

476 POOR'S MANUAL OF RAILROADS.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $29,600 : bills payable,
$1,158,32; profit and loss, $564.34— total, $31,322.66. Contra: Cost of road, $25,985.12;
rolling stock, $4,773.20 ; cash on hand, $564.34— total, $31,322.66.

Annual meeting, first Monday in June, at Pawnee, 111.

Directors,— H. R. Davis, John White, Hiram White, C. E. Clayton, L K. Davis, Pawnee,
111. ; C. White, Taylorville, 111.

JOHN WHITE, President Pawnee, 111.

Treasurer— II. R Davis Pawnee, 111. | Secretary— C. E. Clayton Pawnee, 111.

PRINCIPAL OFFICK AND ADDRESS Pawnee, 111.

PECOS VALLEY RAILWAY COMPANY,

Line of Road.— Pecos, Tex., to Eddy, N. M 89 miles.

Sidings, etc., 2.86 miles. Gauge, 4 feet, 8-J- in. Rail (steel), 56 Ibs.

History. — Chartered August 27, 1890 ; road opened January 13, 1891. It is proposed to
extend the line to Albuquerque, N. M., a distance of 250 miles.

Rolling' Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 2 ; special, 1 ;
baggage, mail, and express, 2 ; freight (box, 15 ; platform, 36), 51 ; water, 3 — total cars, 59

Operations from January 13, 1891, to January 31, 1892. — Train mileage and traffic opera-
tions not reported. Earnings— passenger, $12,202.14 ; freight, $49,804.38 ; mail, $2,476.33 ;
express, $1,389.80 ; other, $240.19— total, $66,112.84. Expenses— maintenance of way, $12,-
061.57; of equipment, $4,918.31; transportation, $24,820.66; general, $12,448.22— total,
$54,248.76. Net earnings (17.94 per cent.), $11,864.08 ; add interest received, $452.19—
total revenue, $12,316.27. Paid interest on bonds, $22,500. Deficit, $10,183.73.

Financial Statement, January 31, 1892.— Capital stock (authorized, $5,000,000; par, $100)
paid in, $1,105,000 ; funded debt (1st mortgage 5 per cent. 30-year $1,000 gold bonds, due
October 1, 1920, interest April and October ; authorized at rate of $12,000 per mile) outstand-
ing, $935,000 ; current accounts, $11,763.07 ; profit and loss, $12,316.27— total, $2,064,079.34.
Contra: Cost of road and equipment, $2,044,658.01; materials and fuel on hand, $3,-
711.20; current accounts, $10,376.16; cash on hand, $5,333.97— total, $2,064,079.34.

Interest on bonds payable at the office of the trustee, the Mercantile Trust Co., Mew-
York, N. Y.

Directors (elected April 29, 1891). — J. J. Hagerman, H. P. Lillibridge, Percy Hagerman,
Colorado Springs, Col.; L. H. Jackson, Denver, Col.; Charles B. Eddy, Eddy, N. M. ; John
A. Lee, Albuquerque, N. M.

J. J. HAGERMAN, President Colorado Springs, Col.

H. P. Lillibridge, Vice-President and Treasurer "

Secretary— L. H. Jackson Denver, Col. | Auditor and Cashier— E. F. Draper Eddy, N. M.

PRINCIPAL OFFICE AND ADDRESS Colorado Springs, Col.

PEMBERTON AND HIGHTSTOWN RAILROAD COMPANY.

Line of Road.— Pemberton to Hightstown, N. J 24.47 miles.

Sidings, 1 mile. Gauge, 4 ft. 9 in.

History-— Chartered March 24, 1864 ; road opened February 10, 1868. Controlled by the
Pennsylvania RR. Co. Leased to the Union Transportation Co. for 3 years from August,
1, 1891, at $500 per annum and cost of maintenance. (See MANUAL for 1891.)

Financial Statement.— Capital stock, $342,150.

W. J. SEWELL, President Camden, N. J.

Treasurer— John M. Wood Philadelphia, Pa. | Secretary— Hngh B, Ely Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS. . Caraden, N. J.

POOR'S MANUAL OF RAILROADS. 477

PENNSBORO' AND HARRISVILLE, RITCHIE COUNTY RY.

Line of Road.— Pennsboro', W. Va., to Harrisville, \V. Va 9 miles.

Sidings, 1.5 miles. Gauge, 3 ft. Rail (steel), 20 Ibs. per yard.

History.— Organized February 12, 1880, by the purchasers at foreclosure sale, December
30, 1879, of the Pennsboro' and Harrisville RR. (See MANUAL for 1890.)

Rolling* Stock, June 30, 1891. — Locomotive engines, 2. Cars— passenger, 2 ; freight,
(box, 1 ; platform, 3), 4— total cars, 6.

Operations for ye >r ending June 30, 1891. — Trains run (mixed), 11,772 miles. Passen-
gers carried, 6,410. Tons freight moved, 3,234. Earnings— passenger, $2,564.29 ; freight,
$5,498.27; mail, $395.44; other, $32.83— total, $8,490.83. Operating expenses— transportation,
$1.589.31 ; motive power, $369.94 ; maintenance cars, $878.56 ; maintenance way, etc., $1,-
536.14; general, $1,140.76— total, $5,514.71. Net earnings, $2,976.12. Payments : Interest
on bonds, $840 ; dividends (25 per cent.), $2,475— total, §3.315. Balance, deficit, $338.39.
Surplus forward, $3,186.45— net surplus, $2,847.56.

Financial Statement, July 1, 1891.— Capital stock ($100 shares), $9,900 ; funded debt,
(1st mortgage 6 per cent. 20-year coupon $500 bonds, dated March 10, 1881, interest payable
March and September), $14,000 ; profit and loss, $338.89 ; balance, $2,847.56— total liabili-
ties, $27,086.45. Contra : Cost of road, $23,900 ; cash on hand, $2,847.56 ; profit and less,
$338.89— total, $27,086.45.

Annual meeting, February 22, at Pennsboro', \V. Va. Books close for dividends and for
annu-U meeting fifteen days before either event. Dividends payable March 10 and Septem-
ber 10 ; three have been paid to date. Interest and dividends payable at Baltimore. Md.
Registrar of stock, M. P. Kimball, Treasurer. Trustees of bonds, T. M. Harris, M. S. Hall,
Ritchie C. H., W. Va.

Directors (elected February 22, 1891).— James E. Tyler, Baltimore, Md. ; W. T. Harris,
Pounsboro', W. Va. ; W '. H. Pierpont, M. H. Tarlton, Ritchie C. H., W. Va.

JAMES E. TYLER, President and Treasurer Baltimore, Md.

Secretary— W. H. Pierpont Ritchie C. H., W. Va. [ Road Master— A. J. Ramsey Pennsboro', W. Va.

PRINCIPAL OFFICE AND ADDRESS Pennsboro', W. Va.

PENNSYLVANIA AND NORTHWESTERN RAILROAD COMPANY.

Line of Road.— Bell wood, Pa., to Horatio, Pa 62.79 miles.

Branches and sidings, 54.70 miles. Gauge, 4 ft. 9 in. Rail (steel, 117.49 miles), 56, 60, 70,
72, and 75 Ibs.

History.— Consolidation, December 27, 1889, of the Bell's Gap RR. Co. and Clearfield
and Jefferson Ry. Co. (See MANUAL for 1890.)

Roiling Stock, December 31, 189 L — Locomotive engines owned, 12; leased, 24. Cars —
passenger, 11 ; freight (owned, 17 ; leased, 500), 517 ; other, 22— total, 550 cars.

Operations for year ending December 31, 1891. — Earnings— passenger, $75,952.59 ;
freight, $777.853.88; mail, etc., $6,525.25— total. $860.331.72. Operating expenses, $606,
988.86. Net earnings, $253.342.80. Amount to credit profit and loss, January 1, 1801, $120,-
969.53— total, $374,312.39. Payments : Interest, $103,811.80 ; dividends, $91,500 ; dividends
credited on subscriptions to increase capital stock, $51,000 — total, $246,311.80. Surplus,
January 1, 1892, $128,000.59.

Financial Statement, December 31, 1891.— Capital stock (par, $50), $2,000,000; funded
debt, $1,775,000; current accounts, $166,543.12 : profit and loss, $128,000.59— total, $4,069,-
543.71. Cost of road, $3.600,699.07 ; equipment, $228,335.10 ; current accounts, $152,875.90;
cash, $87,583.64— total, $4,069,543.71.

Funded debt consisted. December 31, 1891, of Pennsylvania and Northwestern Railroad
general mortgage (Bell wood to Horatio, 62.79 miles) 5 per cent. 40-year bonds, due January

478 POOR'S MANUAL OF RAILROADS.

1, 1930, $1,775,000, of which $1,405,000 are held by trustees to retire the prior mortgage
bonds enumerated below:

1st mtge. (Bell's Mills to Lloyd's, 8.3 miles), 7 per cent. 20-year bds., due July 1, 1893, int. Jan. and July $166 000
1st mtge. (Bell's Mill? to Irvona, 25.4 miles) 6 per cent. 25-year bds., due Ang. 1, 1905, int Feb and Au°- 83 000
Coneol mtge. (Bell's Mills to Irvona) 6 per cent. 30-year bonds, due April 1, 1913, int. Apr. and Oct . . ' ise'OQO
Clearf. & Jeff. RR. 1st mtge. (Irvona to Horatio, 38.74 in.) 6 p. c. 40-yr. bds., due July 1, 1927. int. J. & J. 1,000,000

For dividends paid by the constituent companies previous to the consolidation, see MAN-
UAL for 1890. The consolidated company paid a dividend of 2£ per cent. July 1, 1890, and
on January 10, 1890, one of 2| per cent., which had been declared by the Clearfield and Jef-
ferson about two weeks before the consolidation. On July 10, 1891, dividend of 2$ per cent,
and on same date 3 per cent, credited on subscriptions to increase capital stock, and on Jan-
uary 9, 1892, 2£ per cent.

Annual meeting, third Wednesday in February. Stock and bonds listed on the Phila-
delphia Stock Exchange. Interest on the first mortgage bonds of the Bell's Gap Railroad
Company paid at 105 South Fourth Street, Philadelphia ; dividends on stock and interest on
all other bonds at the Guarantee Trust and Safe Deposit Company, Philadelphia.

Directors (elected February 17, 1891).— H. A. Berwind, John H. Converse, Aaron Fries,
Stephen Greene, Samuel G. Lewis, and John Reilly, Philadelphia, Pa.

EDWARD J. BERWIND, President Philadelphia, Pa.

Sec. and Treas.— Frank S. Lewis Philadelphia, Pa. | Superintendent— W. A. Ford Bellwood, Pa.

PRINCIPAL OFFICE AND ADDRESS Bullitt Building, Philadelphia, Pa.

PENNSYLVANIA, POTJGHKEEPSIE AND BOSTON RAILROAD COMPANY.

Line of Road.— Slatington, Pa., to Campbell Hall, N. Y 95.04

Branch : Howerton Jc., Pa., to Howerton, Pa. . , 0.80—95.84 miles.

Sidings, 11.82 miles. Gauge, 4 ft. 8| in. Rail (steel, 52.85 miles), 56 and 60 Ibs. per yard.

The company uses the tracks of the Erie from Campbell Hall to Pine Island, 16. 84 miles;
the New York, Susquehanua and Western from S warts wood to Haiuesburg, 18.47 miles; and
the Lehigh and Lacka wanna from Pen Argyl to Benders, 8.18 miles.

History. — Organized in September, 1887, as successor to the Pennsylvania, Slatingtou
and New England RR. Co. Road opened throughout on January 1, 1890. Placed in the
hands of a receiver February 17, 1891. This road was reported in January, 1892, to have
been leased to the Philadelphia and Reading RR. Co.

Rolling Stock, June 30, 1891. — Locomotive engines, 14. Cars — passenger, 15; baggage,
etc., 3; freight (box, 49; flat, 40; coal, 550), 639; caboose, 4 ; other, 4 — total cars, 665.

Operations. — Not reported.

Financial Statement.— Capital stock (par, $100), $2,000,000 ; funded debt (1st mortgage
6 per cent. 50-year $1,000 coupon bonds, due January 1, 1939, interest January and July,
$1,500,000; 2d mortgage 6 per cent. 20-year $1,000 coupon bonds, due January 1, 1910, inter-
est payable January and July, $250,000 ; 1st mortgage Slate Valley RR. 4 per cent. 30-year
$500 and $1,000 coupon bonds, due July 1, 1916, interest payable January and July, $61,500),
$1,811,000— total stock and bonds, $3,811,000.

Annual meeting, 5th of September, at Deckertown, N. J. ; books close twenty days pre-
viously. Voting power attaches to stock after twenty days' ownership. Books close ten
d'ays before dividend payments. Interest on bonds payable at the office of the trustee, the
Holland Trust Company, New York. Registrar of stock, the secretary of company.

Directors (elected September 5, 1891).— Arthur E. Newbold, Win. B. Scott, Wm. W.
Gibbs, Morris R. Bockius, Alfred H. Chandler, Henry H. Kingston, Randal Morgan, Phila-
delphia, Pa.

W. W. GIBBS, President Philadelphia, Pa.

H. H. Kingston, Receiver and General Manager "

Treasurer— Joseph R. Sagee Philadelphia, Pa. | Secretary— M. R. Bockins Philadelphia, Pa.

Auditor— E. J. Fallon Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS 411 Walnut St., Philadelphia, Pa.

POOR'S MANUAL OF RAILROADS. 479

PENSACOLA AND ANDALUSIA RAILROAD COMPANY.

Line of Road.— Moliiio to Centennial, Fla 18 miles.

Sidings, etc., 2 miles. Gauge, 3 ft. Rail (steel), 25 Ibs.

History. — Chartered 1883. This is a private road owned by Skinner & McDavid, and
until 1887 operated chiefly as a logging road.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; freight (box, 2 ; platform,
30), 32— total cars, 33.

Operations for year ending January 1, 1890 (latest reported). — Train mileage (freight),
45,000 miles. Tons freight moved, 80,000. Earnings— passenger, $1,750; freight, $18,160
— total, $20,910. Expenses — transportation, $4,150.60; motive power, $612.20; maintenance
of cars, $570.90 ; general, $162.50— total, $5,946.20. Net earnings, $15,413.80.

Financial Statement (latest furnished). — Capital stock (authorized), $200,000 ; paid in,
$75,000 ; par, $100. Cost of road and equipment, $80,000. Dividends payable at Escambia.

Directors.— E. F. Skinner, E. H. Skinner, John McDavid, Escambia, Fla. ; H. C. Mc-
David, J. H. McDavid, Chumuckla, Fla.

E. F. SKINNER, President Escambia, Fla.

Secretary et Treasurer— E. H. Skinner. .Escambia, Fla. I Superintendent- H. C. McDavid Chumuckla, Fla.

PRINCIPAL OFFICE AND ADDRESS Escambia, Fla.

PENSACOLA AND PERDIDO RAILROAD COMPANY.

Line of Road. — Pensacola, Fla., to Millview, Fla 9 miles.

Sidings, 2 miles. Gauge, 5 t't. Rail (steel, 4 miles), 35 and 40 Ibs.

History.— Chartered July 22, 1869 ; road opened May 1, 1870. Used chiefly for trans-
porting lumber.

Rolling' Stock, June 30, 1889 (latest reported). — Locomotive engines, 5. Cars — passenger,
1 ; freight. 90— total cars, 91.

Operations for year ending March 31, 1890 (latest reported). — Train mileage, passenger
and freight statistics not reported. Earnings — passenger and mail, $1,818.59 ; freight, $23,-
207.07; other, $1,9(58.77— total, $26,994.43. Operating expenses— transportation, $9,021.75;
motive power, $3,561.70; maintenance of way, etc., $6,539.74; general, $5,772.03— total.
$24,895.22. Net earnings, $2,099.21. Paid interest on bonds, $4,654.09.

Financial Statement, June 30, 1889 (latest furnished).— Capital stock, $125,000 ; funded
debt, 1st mortgage 7 per cent. 30-year sinking fund ($1,000 yearly) bonds, due July 1, 1914
$(50,000— total, $185,000. Contra: Construction, $197,920.28; equipment, $52,445; materials
and fuel, $5,650 ; cash and current assets, $8,692.94. American Loan and Trust Co. of New
York, trustee of mortgage.

Directors (elected May 1, 1889).— B. F. Simmons, W. A. Blount, W. K. Hyer, R. M,
Robinson, H. Barrs, Pensacola, Fla.

B. F. SIMMONS, President and Superintendent Pensacola, Fla.

H. W. Simmons, Secretary and Treasurer " "

PRINCIPAL OFFICE AND ADDRESS Pensacola, Fla.

PEOPLE'S RAILWAY COMPANY.

Line of Road.— Potts ville, Pa., to Minersville, Pa 4.61 miles.

Sidings, etc., 0.55 mile. Gauge, 4 ft. 8| in. Rail (steel). 60 Ibs.

History.— Chartered April 4, 1865. Road built and opened in 1871-72.

Rolling Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 10 ; freight
(platform), 3— total, 11. Of the foregoing, 1 locomotive and 2 passenger cars are leased.

Operations for year ending June 30, 1891.— Train mileage and traffic operations not re-
ported. Earnings— passenger, $18,362.25 ; freight, $1,531.81 ; mail, $53.64— total, $19,947.-

480 POOK'S MANUAL OF RAILROADS.

70. Operating expenses — transportation, $3,901.27 ; motive power and cars, $2,984.40 ; main-
tenance way, etc., $2,885.28 ; general, $2,566.66— total, $12,337.61. Net earnings, $7,610.09.

Financial Statement, June 30, 1891.— Capital stock (authorized, $250,000; par $50),
$100,000 ; funded debt, 1st mortgage 5 per cent. 50-year $100 coupon bonds, due 1940, inter-
est payable May and November, $36,000 ; current accounts, $683.78— total, $136,683.78. Con-
tra : Cost of road, $93,754.34; rolling stock, $27,287.29; cash on hand, $12,977.64; other
property and assets, $1,122.07; profit and loss, $1,542.44— total, $138,683.78.

Annual meeting, first Tuesday in November. Interest payable at the company's office,
Potts ville, Pa.

Directors (elected November 3, 1891).— T. A. Reilly, R. C. Luther, C. E. Henderson,
Wm. D. Baber, Frank Carter, Pottsville, Pa.

T. A. REILLY, President Pottsville, Pa.

Wm. D. Pollard, Secretary, Treasurer, and Superintendent. .Pottsville, Pa.

PRINCIPAL OFFICE AND ADDRESS Pottsville, Pa.

PEORIA AND PEKIN UNION RAILWAY COMPANY.

Main Line of Road.— Pekin, 111., to Peoria, 111 10.00

Peoria and Springfield Division : Peoria, 111., to Pekin, 111 8.10 — 18.10 miles.

2d track, 2.4 ; sidings, 33.1 m. Gauge, 4 ft. 8J- in. Rail (steel, 34.6 m.), 52, 56, 60, and 63 Ibs.

History, — Chartered September 1, 1880 ; road opened February 1, 1881. The Peoria,
Pekin and Jacksonville and the Peoria and Springfield Rfts. were acquired by purchase.

Rolling Stock, June 30, 1891. — Locomotive engines, 14. Cars — passenger, 1 ; freight
(box, 3; platform, 3 ; coal, 150 ; caboose, 1), 157 — total cars,. 158.

Operations for year ending June 30, 1891. — Train mileage and tiaflic operations not
reported. Earnings — passenger, $15,482.09 ; freight and switching, $304,207.09 ; express,
$594.15 ; other, $55,634.36— total, $375,917.69. Expenses— transportation, $164,606.47 ;
motive power and cars, $21,850.90; way and buildings, $50,419.78; general, $27,934.38—
total, $264,811.53. Net earnings, $111,106.16; add lease rentals, $146,534.85— total, $257,-
641.01. Payments not reported.

Financial Statement, June 30, 1800 (latest furnished).— -Capital stock (par, 100), $1,000,-
000; funded debt, $2,994,000; bills payable, $20,000; current accounts, $48,819,03; better-
ment account, $189,360.79 ; profit anl loss, $59, 72). 53— total, $4,311,905.35. Contra :
Construction, etc., $4,203,360.79 ; materials and supplies, $10,135.99 ; current accounts,
$73,976.70 ; cash, $24,431.87— total, $4,311,905 35.

Funded debt consisted, June 30, 1890, of $1,495,000 ($1,500,000 authorized) 1st mortgage
6 per cent. 40-year $1,003 gold CDUpon bonds, dua February 1, 1921, interest payable Febru-
ary, May, August, and November; and $1,499,000 ($1,500,000 authorized) 2d mortgage 4£ per
cent. 40-year $1,000 gold coupon bonds, due February 1, 1921, interest payable May and
November.

Annual meeting, second Tuesday in March. Interest on bonds payable at the office of
the trustee, the Central Trust Co., New York. Principal of firsts is payable at the Metro-
politan National Bank, New York ; of seconds, at the Central Trust Co., New York. Bonds
listed on New York Stock Exchange.

The capita! stock is held in equal amount (each 2,500 shares) by the Wabash RR. Co.,
the Peoria, Decatur and Evansville. Ry. Co., the Peoria and Eastern Ry. Co., and the Peoria,
Pekin and Jacksonville Ry. Co. ; and each of those companies, in addition to terminal charges
for handling its business and cars at Peoria, pays a yearly rental of $22,500 for use of this
company's tracks, and this rental is pledged to payment of interest on the 1st mortgage bonds.
An annual rental of $13,000 is also paid by the Illinois Midland, $13,500 by the Iowa
Central, and $22,500 by the Lake Erie and Western, besides the usual terminal charges for
handling their business in Peoria.

American Bar]k Note

78 TO 86 TRINITY PLACE, NEW YORK.

BUSINESS FOUNDED, 1795. — INCORPORATED UNDER LAWS OF STATE OF NEW YORK, 1858. — REORGANIZED, 1879.

ENGRAVERS * PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange, Letter Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IN THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES.

WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING.

Special papers manufactured exclusively for use

of the Company.

SAFETY COLORS. - - SAFETY PAPERS.

WORK EXECUTED IN FIRE-PROOF BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,

AND

ILLUMINATED SHOW CARDS

OF THE MOST APPROVED STYLES.
NUMBERED, LOCAL AND COUPON TICKETS, of any Size, Pattern, Style, or Device with Steel Plate Tints.

LITHOGRAPHIC AND TYPE PRINTING.

SHOW CARDS, LABELS, CALENDARS.

Blank Book:s of Every Description.

TRUSTEES:

JAMES MACDONOUGH, PRESIDENT.

AUG. D. SHEPARD,— VICE-PRESIDENTS— TOURO ROBERTSON.

THEO. H. FREELAND, SECRETARY & TREASURER.
JNO. E. CURRIER, ASST. SECRETARY. J. K. MYERS, ASST. TREASURER.

P. C. LOUNSBURY, JOS. S. STOUT, J. B. FORD,

T. H. PORTER, W. J. ARKELL, E. C. CONVERSE, ELLIOTT F. SHEPARD.

PUBLICATIONS OF

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7O WALL STREET, NEW YORK.

Poor's Manual of the Railroads of the United States.

This work contains Detailed Statements of the Operations and Condition of every Railroad
Company in the Country ; with 20 specially engraved Sectional Maps of the" United States and
Canada, and 50 Special Maps of leading Railroad Systems, corrected to- date of Issue.
In one volume. 1,500 pages, cloth, royal octavo. Price $6 per Copy.

Edition for 1892, 25th annual number, ready July ist.
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Poor's Directory of Railway Officials

Contains list of Officers of all Steam Railroad Companies in the United States and Canada ;
statements of all Street Railroad Companies and Private Tram and Lumber Railroads,
etc., etc. To these are added special lists of General Managers, General Superintendents,
Chief Engineers, Master Mechanics, Master Car Builders, Master Car Painters, Purchasing
Agents, etc., with an Alphabetical Index to the names of all the Officials, showing Lines with
which each is connected, and an Alphabetical Index of Cities and Towns, by means of which
can be ascertained the Names of all Officials in any particular city or town at once. FOREIGN
RAILROADS. — In addition to the above, this work contains full information of Railroads in
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complete and comprehensive statements of those enterprises published.

In one volume. 400 pages, cloth, royal octavo. Price $3 per Copy.
Edition for 1892, 7th annual number, ready July isth.

" The least that can be said of this volume is that it is as accurate as it is comprehensive ; it is far ahead of
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For the use of Bankers, Investors, Trust Institutions, and Railway Officials, supplementing
Poor's Manual of Railroad*,. The only work published which presents comprehensive state-
ments of the indebtedness of all the States, Cities, Towns and Counties of the Countiy.
In one volume. 700 pages, cloth, royal octavo. Price $4 per copy.
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POOB'8 MANUAL OF RAILROADS. 481

Dim-tors.— Joseph Kamsey, Jr., \V. M. Green, Cincinnati, O.; VV. S. Hook, Marcus Hook,
Jacksonville, 111.; Edgar T. Welles, Henian Clark, Solon Humphreys, New York, N. Y. :
I>. J. Mackey, Evansville, Ind.; J. A. Barnard, Indianapolis, Ind.; Qeo. W. Saul, Chicago, 111. ;
William Elliott, Philadelphia, Pa.; James F. How, St. Louis, Mo.

J. RAM-ET, JR., President Cincinnati, O.

James F. How, Vice- President St. Louis, Mo.

Secretary cfe Treasurer— H. K. Pinkney Peoria, 111. | General Supt.—C. E. Schaff Peoria, 111.

PRINCIPAL OFFICE AND ADDRESS Peoria, 111.

PEORIA, DECATTTR AND EVANSVILLE RAILWAY COMPANY.

Main Line of Road.— Pekin, 111., to Evansville, Ind 237.51 miles.

New Harmony Branch : Stewartsville, Ind., to New Harmony, Ind 6.29 miles.

( Peoria and Pekin Union RR. : Pekin, 111., to Peoria, 111 10.20 miles.

kage : \ Illinois Central RR.: Through Decatur, 111 2.63 miles.

Total length of lines owned and operated June 30, 1891 256.63 miles.

Sidings, 30.34 miles. Gauge, 4 ft. 8£ in. Rail (steel, 237.01 miles), 60 Ibs.

History. — Consolidation, November 17, 1879, of the Pekiu, Lincoln and Decatur Ry. Co.
and the Decatur, Sullivan and Mattoon RR. Co. (See MANUAL for 1886, page 235.) The
Peoria and Pekin Union Ry. is used under a contract for 50 years from February 1, 1881, at a
monthly rental of $1,875 and proportion of supplies and track repairs.

Rolling* Stock, June 30, 1891. — Locomotive engines, 30. Cars — passenger, 12 ; combi-
nation, 3 ; baggage, mail, and express, 3 ; freight (box, 1,270 ; platform, 131 ; stock, 86 ;
coal, 336 ; caboose, 17), 1,840 ; other cars, 68— total cars, 1,926.

Operations for year ending June 30, 1891. — See comparative statement on page 482.

Earnings.— Passenger $178,783 64

Freight 537.434 41

Mail and Express 35,388 70

Miscellaneous ... 81,860 93

Total ($3,247.74 per mile) $833,467

Expenses.— Transportation $212,854 13

Motive Power and Cars 82,993 48

Maintenance Way & Buildings. 130,141 61
General 43,923 91

Total ($1,831. 09 per mile) $469,913 13

Net earnings (43.62 per cent.), $363,5-54.55. Payments: Interest on bonds, $272,847.50 ;
on debt, $16,707.03 ; trackage rentals, $28,500 ; taxes, $36,443.22 ; equipment purchase,
$22,583.34— total, $377,081.09. Balance, deficit, $13,526.54. Surplus from last year, $156,-
623.08 — net surplus as per general balance sheet, $143,096.54.

General Balance Sheet, June 30, 1891.

Construction .. $12,866,872 91

Equipment 604,424 57

Peoria & Pekin I'niou Ry. Stock Owned. . 250,000 00

Materials and Fuel 10,805 70

Cash on Hand 51,94570

Cash in Transit ... 9,33187

Current Accounts 120,970 50

Capital Stock (par. 3100) $8,400,000 00

First Mortgage Bonds 2,757,000 00

Second Mortgage Bonds. . . 2,088,000 00

Bills Payable 46,74395

Current Accounts 100,314 89

Interest Due and Accrued 90,11500

Equip. Certs, and Interest Accrued 4,033 34

Undistributed Accounts 22,514 78 , Equipment Notes not Dne 63,636 10

E. & T. H. RR. Co. Loan Account 243,926 21

_____ I Balance, Profit 143,096 54

Total Assets $13,936,866 03 , Total Liabilities ~. $13,936,S66~03

funded debt ($4,845,000) consisted June 30, 1891, of—

1st mtge. Peoria Div. (Pekin to Mattoon, 110 m.) 6 p. c. 40-year bonds, due Jan. 1, 1920, int. Jan. & July. $1,287,000
1st mtge. Evansv. Div. iMattoon to Evansv., 128 m.) 6 p. c. 40-year bonds, due Sept. 1, 1920, int. M. & S. 1,470,000
fa mtge. (Pekin to Evansville. 235.3 m.) 5 p. c. gold bonds, due November 1, 1927, int. May and Nov 2,088,000

All the bonds are in coupon form for $1,000 each. Trustee of Peoria Division bonds,
Central Trust Co. of New York ; of Evansville Division bonds, H. L. Morrill, Evansville, Ind.,
and Central Trust Co. of New York; of 2d mortgage bonds, W. A . Heilman, Evansville, Ind.,
and Central Trust Co., New York, N. Y. The second mortgage bonds were issued, in ex-
change, dollar for dollar, for $858,000 Peoria Division and $1,230,000 Evansville Division
income bonds. They are dated November 1, 1886, and are repayable in gold. Bonds and
coupons payable at office of Central Trust Co., New York, N. Y.

Annual meeting, first Tuesday in October, at Pekin. 111. ; transfer books close ten days
previously. Stock and bonds listed on New York Stock Exchange. Voting power attaches
31

482

POOB'S MANUAL — PEORIA, DECATUR AND EVANSVILLE BY. CO.

to stock immediately after transfer. Central Trust Co. of New York, general fiscal agent and
registrar of stock.

Comparative statement of mileage, operations, and capital account for four years :

1888

1889

1890

1891

Miles Railroad Owned

243 80

243 80

243 80

243 §0

Miles Railroad Operated

256.63

256.63

256 63

256 63

Miles of Track Operated

271 40

287 52

287 52

287 52

Mile« Steel Rail

197 30

223 00

225 74

237 01

Passenger Train Miles

315,046

315,450

331,871

307,701

Freight Train Miles.

338,067

309,526

324,482

354,697

Total Train Miles

754,566

743 880

780,899

783043

Passengers Carried ,

256,229

284,015

272,035

285,106

Passengers One Mile

5,794,873

6,641,311

6,593 433

6 514 296

Freight (tons) Moved

380,444

392,202

364,361

457,285

Freight (ton) Miles

36,512,045

42,036,851

39,854,608

52,213,460

Earnings — Passenger

$
164,325

175 650

173 111

178 784

Freight

458,555

459,610

467,389

537,434

Miscellaneous . . .

134,667

105 330

138 412

117250

Total Earnings

757,547

740,590

778,912

833,468

Operating Exp'enses

441,286

418,324

416 233

469,913

Net Earnings

316 261

322 265

362 679

363 555

Interest on Bonds ....

269,820

277 993

275 158

272,848

Other Interest

11 808

9 978

11 034

16 707

Rentals

28 500

28 500

, 28 500

28,500

Taxes

38,760

40,225

40,228

36,443

Other Payments

51 776

51 517

33000

22,583

Balance (-t- or — )

— 84,403

— 85,948

— 25,241

— 13,526

Gros" Earnings per Mile

2 951 90

2 885 82

3 035 15

3,247 74

Net Earnings per Mile ....

1 ,232 36

1,255 75

1,413 23

1,416 65

Expenses to Earnings

50. 54 p. c.

56. 49 p. c.

53. 44 p. c.

56. 48 p. c.

Average Rate per Passenger per Mile

2,836 c

2,645 c

2 625 c

2,744 c.

Average Rate per Ton per Mile

1,256 c.

l,093c.

1,173 c.

1,029 c.

Capital Stock

$
8 400 000

$
8 380 000

8 380 000

8400000

Funded Debt

4 845 000

4,845 000

4 845000

4 845 000

Bills Payable. . ....

10,000

34,000

10,000

46,744

Sundry Accounts

183,028

158,990

248,263

258,099

Ev & T. H RR. Co.

81,688

127,085

168,255

243,926

Profit and Loss

9,312

181,864

156,623

143,097

Total Liabilities

13,529,028

13,726,939

13,808,141

13,936,866

Construction

12,729,809

12 755 402

12 805 212

12 866 873

Equipment

649,028

621,804

627 115

604,424

Securities Owned

17,000

250,000

250,000

250,000

Materials and Supplies

29,475

5,730

15 037

10,806

Sundry Accounts ....

65,045

49,450

105,784

51,946

Cash

38,671

44,553

4,973

152 817

Total Assets

13 529 028

13 726 938

13 808 141

13 936 866

Statement of P. D. & E. Car Trust Certificates, June 30, 1891 :

"Car
Trust.

Series.

Date of
Issue.

Denom-
ination.

Total
Issue.

Matured
and Paid.

OUTSTANDING.

Rate of
Interest

Interest Payable.

Amo't.

Payable.

Peoria .
Peoria .
Peoria .

1st
A
B

Feb. 1, '81
Apr. 1,' 82
Feb. 1, '84

$1,000
1,000
1,000

$250,000
150,000
80,000

$250,000
• 150,000
56,000

Semi-Annually.

'$24,666

8 Annually.

Feb. 1

7 per ct.

Semi-Annually.

$480,000

$456,000

$24,000

Directors (elected October 6, 1891).— H. J. Nichols, Wm. Goadbey, John L. Lamson,
J. M. de Vean, Heman Clark, C. C. Baldwin, New York, N. Y.; Arnold Kummer, Baltimore,
Md. ; D. J. Mackey, Wm. A. Heilman, Evansville, Ind.

D. J. MACKEY, President Evansville, Ind.

F. W. Cook, Vice-President Bvauaville, Ind.

Treas. and Sec.—W. J. Lewis Evansville, Ind. | Auditor— E,. B. Cooke Evansville, Ind.

j^, PRINCIPAL OFFICE AND ADDRESS Evansville, Ind.

Transfer Office. . New York, N. Y.

POOR'S MANUAL OF RAILROADS. 483

PERKIOMEN RAILROAD COMPANY.

Line of Road. — Perkiomen Junction, Pa., to Emaus Junction, Pa 38.5 miles.

Sidings, 9.55 miles. Gauge, 4 ft. 84- in. Rail (steel, 32.32 miles), 56, 66, 68, 70, and 76 Ibs.

History.— Chartered March 23, 1865. Road completed October 11, 1875. The track of
the East Pennsylvania RR. is used between Emaus Junction and Allentown. (For plan of
reorganization see MANUAL for 1888.)

Rolling Stock.— Cars— dump and ballast, 18 ; caboose, 1. All other rolling stock fur-
nished by the P. & R. RR. Co.

Operations for year ending June 30, 1891. — Train mileage — passenger, 72.406 ; freight,
131,702 ; mixed, 44,548 — total, 248,656 miles. Passengers carried, 177,202 ; carried one mile,
1.770,440; average mile rate, 2.46 cents. Tons freight moved, 603,254; moved one mile,

.993 ; average ton-mile rate, 1.03 cents.
Earn insrs.— Passenger $43,529 29 | Expenses.— Transportation & Motive Power. $119.107 48

Freight 214.493 59

Mail, Express, and Other 10,970 97

Total ($6,986.85 per mile) $268,993 80

Maintenance Way & Buildings .. 31,885 69
General 10,009 15

Total ($4,181.88 per mile) $161,002 32

Net earnings (40.11 percent.), $107,991.53. Add rents, etc., $450— total available rev-
enue. $108,441.53. Payments: Interest on bonds, $96,230; taxes, $3,319.65— total, $99,-
549.65. Balance, surplus, $8,891.88 ; deficit from 1890, $862,340.96— net deficit, $853,449.08.

General Balance Sheet, June 30, 1891.

Cost of Road $2,013.536 50 | Capital Stock (par, $50) $38,040 00

Cost of Rolling Stock 4,257 03 j Funded Debt 1,924,600 00

Reat Estate and Buildings 71,422 75 I Bills Payable and Current Dues 11,033 32

Materials and Fuel on Hand 12,850 16 Current Accounts 4,376 50

Coupon Account— Pa. Co. for Ins., etc 24,65885 Loans 987,09394

Bills Receivable 1,08831

Current Accounts 9,915 23

Cash on Hand 14,295 47

Profit and Loss... 853,44908

Total Assets $3;005,473

Coupons Unpaid 40,329 62

Total Liabilities $3,005,473 38

Funded debt consisted, June 30, 1891, of $799,600 ($800,000"authorized)"l8t series mort-
gage 5 per cent. 30-year $100, $500, and $1,000 coupon bonds, due January 1, 1918 ; interest
payable January, April, July, and October, $1,125,000 ($1,450,000 authorized) 2d series 5 per
cent. 30-year $1,000 coupon bonds, due January 1, 1918, interest payable January, April,
July, and October. These bonds were issued in exchange for old issues of 1st and con-
solidated mortgage bonds, which were retired. Amount of capital stock authorized, $50,000.

Annual meeting, second Monday in January, at Xorristown, Pa. Principal and intere.-t
of both series of bonds guaranteed by P. & R. RR. Co. Interest payable at present at the
office of the trustee, The Pennsylvania Co. for Insurance on Lives and Granting Annuities,
431 Chestnut Street, Philadelphia, Pa.

Directors (elected January 12, 1891.)— Thomas B. Hillegass, Xoah D. Frank, Red Hill,
Pa.; John Slingluff, Frank D. Stinson, Norristown, Pa.; A. H. Seipt, Skippack, Pa.; George
Graber, Charles F. Waage, Jonathan P. Hillegass, Pennsburg, Pa.; J. Morgan Casselberry,
Lower Providence, Pa.; John S. Rahn, David H. Rudy, Perkiomenville, Pa.; William H.
Seipt. Worcester, Pa.

JAMES Bo YD, President . .Norristown. Pa.

Treasurer— Howard Boyd Norristown, Pa.

Coi/ipf. d- Chief Eng.— Geo. B. Boggs. .Norristown, Pa.

ecretary— Philip Super Pennsburg, Pa. Auditor— F. C. Boggs Norristown, Pa!

PRINCIPAL OFFICE AND ADDRESS 318 De Kalb Street, Norristown, Pa.

PETERSBURG RAILROAD COMPANY.

Line of Road.— Petersburg, Va., to Weldon, N. C 60.44 miles.

dings, 6.52 miles. Gauge, 4 ft. 9 in. Rail (steel, 58.21 miles), 56 and 70 Ibs.

484 POOR'S MANUAL OF RAILROADS.

History. — Chartered February 16, 1830 ; road opened in 1833 ; placed in a receiver's
hands in May, 1877; restored to company, May 9, 1881. The tracks of the Seaboard and
Roanoke RR. Co. (2 miles, included above) are used between Garysburg Junction and the
railroad shed at Weldon, at a monthly rental of $437.50, and one-half cost of mainte-
nance, etc.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 15. Cars — passenger, 4 ; baggage,
mail, and express, 3; freight (box, 109; platform, 76; stock, 4; caboose, 8), 197; service,
15 — total cars, 219. Also, 23 cars contributed to fast freight line service.

Operations for year ending June 30, 1891. — Train mileage — passenger, 93,441 ; freight,
176,366 ; other, 79,379— total, 349,186 miles*. Passengers carried, 98,597; carried one mile,
5,234,474 ; average mile rate, 2.607 cents. Tons freight moved, 435,601 ; moved one mile,
24,459,304 ; average ton-mile rate, 1.373 cents.

Earnings.— Passenger $136,507 04

Freight 335,806 89

Mail and Express 53,58422

Miscellaneous 1,746 27

Total ($8,780.05 per mile) ... $527,644 42

Expenses.— Transportation $135,043 21

Motive Power and Cars? 93,462 88

Maintenance Way and Buildings. 61,244 55
General and Taxes 55,550 10

Total ($5,713.11 per mile) $345,300 74 j

Net earnings (34.56 per cent.), $182,343.68. Add dividends and rents, $7,431.55— total
available revenue, $189,775.23. Payments : Paid interest on bonds, $97,770 ; on debt, $70.05;
dividends (3 per cent, on preferred, $9,705 ; 3 per cent, on common, $28,824) on stock, $38,-
529— total, $136,369.05. Balance, surplus, $53,406.18. Surplus forward, $170,163.40— total
surplus, $223,569.58. Deductions for year, $212.57; surplus as per general balance sheet,
$223,357.01.

General Balance Sheet, June 30, 1891.

$3.078.341 90
39,200 00

Common Stock (par, $100) $1,000, COO 00

Preferred Stock (par, $100) 323.500 00

Funded Debt 1,667,000 00

Total Liabilities $3,360,306

Cost of Road and Equipment

Stocks (392 shares) Petersburg RR

Atlantic Coast Line Sleeping Car Trust 26,100 00

Petersburg Terminal Improvements 4,611 40 Accounts Payable ' 39.864 24.

Traffic Balances 130,717 94 Dividends and Coupons Unpaid 36,639 51"

Supply Account 875 71 Traffic Balances 69,945 31

Suspense Account 3,331 51 Profit and Loss 223,357 01

Carbon Hand 48,97065

Meherrin Valley RR. Co 28,156 95

Total Assets $3,360,30(5 06

Funded debt outstanding, June 30, 1891 :

1st mortgage 8 per cent. 10 to 30-year bonds, due 1892-98. interest payable January and July $174,00(

Class A. 5 per cent. 45-year bonds, due July, 1926, interest January and July (V.

Class B, 6 per cent. 45-year bonds, due October, 1926, interest April and October 800,(XX

The first mortgage bonds are secured on the line from Petersburg to Garysburg, Va.j
58.44 miles. They are in coupon or registered form, for $500 or $1,000 each. Trustee, Cen
tral Trust Co., New York, N. Y. Interest payable at Petersburg, Va. The bonds are pay-
able $2->,000 yearly, on the 1st of January, to 1898. The authorized issue of class A bond:
is $1,000,000, and sufficient of them are -held in the treasury for retirement of thefi;
Interest on A and B bonds payable at Richmond or New York. Annual meeting in Xovrm
ber, day appointed by directors.

Directors (elected November 16, 1891).— W. T. Walters, B. F. Newcomer, Baltimore
Md.; Henry Walters, Wilmington, N. C.; F. R. Scott, Richmond, Va. ; D. W. Las^
Petersburg, Va.

WARRKN G. ELLIOTT, President Wilmington, N. C.

H. Walters, Vice- President Wilmington, N. C.

Sec. and Treas.—H. W. Yarrington.. Richmond, Va. General Auditor— W . A. Riach Wilmington. X. <

,., „. Manager— 3. R. Kenly Wilmington, N. C. Asst. Aud. & Asst. Treas.—Vf. R. Jones. Richmond, V.

PRINCIPAL OFFICE AND ADDRESS Richmond, Va.

PETERSBURG AND ASYLUM RAILROAD COMPANY.

Line of Road. — Petersburg, Va., to June. Norfolk & West. RR 3.37 mil*-;

Gauge, 4 ft. 8i in. Rail (steel), 50 Ibs.

History.— Organized in 1888 ; road opened November 7, 1888.

POOR'S MANUAL OF RAILROADS. 485

Rolling Stock, June 30, 1891.— Locomotive engines, 1. Cars— passenger, 4 ; freigh
(flat), 2 — total cars. 6.

Operations for year ending June 30. 1891. — Train mileage — passenger and freight statis-
•t reported. Earnings— passenger, $6.725.82 ; freight, $1,305.11— total, $8,030.93.
Operating expenses, $3,114.11. Xet earnings, $4,915.92. Paid interest on bonds, $1,800;
taxes, $97.84— total, $1,897.84. Surplus for year, $3,018.08.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $20,000; funded debt
(1st mortgage 6 per cent. 20-year bonds, due 1910, authorized, $50,000), $30,000— total, $50,-
000. Contra : Cost of road, $33,000 ; of equipment, $7.600 ; cash and current assets, $545.53
—total, $41,145.53.

Annual meeting in February.

Directors. — George Beadle, John Mann. Townsend Boiling, Edward W. Molier, Thomas
F. Reaves, Petersburg, Va.

GEORGE BEADLE, President Petersburg. Va.

/—John Mann Petersburg. Va. | Chief Engineer— F. P. Levens worth Petersburg. Va.

PRINCIPAL OFFICE AND ADDRESS Petersburg, Va.

PHILADELPHIA, NEWTOWN AND NEW YORK RAILROAD CO.

Line of Road.— Erie Avenue Junction, Philadelphia, Pa., to Newtown, Pa. . .20.9 miles.
Sidings. 3 miles. Gauge, 4 ft. 8£ in. Rail (steel, 15 miles), 54, 58, 68, and 70 Ibs.

History. — Chartered April 2, 1860 ; road opened to Newtown, February 2, 1878. Oper-
ated since November 22, 1879, in connection with Philadelphia and Reading RR.

Operations for year ending June 30, 1891. — Train mileage, not reported. Passengers
carried, 600.929 ; carried one mile, 4,807,432. Tons freight moved, 111,904 ; moved one mile,
1,230,944. Earnings— passenger, $81,282.56; freight, $32,130.60; other, $447.49— total,
$113,860.65. Operating expenses, $91,509.62. Net earnings, $22,351.03. Interest accrued,
$4'2,000 ; permanent improvements, $24,536.34— total, $66,536.34. Deficit, $44,185.31. Deficit
from last year, $168,416.59. Total deficit as per balance sheet, $212,601.90.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $1,200,000 ; 1st mortgage
« per cent. 20-year coupon bonds, due October 1, 1898, interest April and October. $700,000 ;
current accounts, $249,480.96 ; accrued interest, $42.000— total, $2,149,480.96. Contra: Cost
of road, $1,900,000; cash and accounts, $78,879.06 ; balance, profit and loss, 212,601.90— total,
$-2,149,480.96.

Annual meeting, first Monday in May at 318 De Kalb Street, Norristown, Pa. Interest
payable at 227 South Fourth Street, Philadelphia, Pa.

Directors (elected May 4, 1891).— Smith Harper, Philadelphia, Pa.; John Slingluff. H.
C. Crawford, C. H. Stinson, W. H. Slingluff, J. P. Hale Jenkins, Norristown, Pa.; J. P.
Hutchinson, Newtown, Pa.; William M. Geary, Philadelphia, Pa.

JAMES BOYU, President Norristown, Pa.

Secretary and Trea*.— Howard Boyd. . .Norristown, Pa. ! Auditor— O. C. Knipe Norristown. Pa.

PRINCIPAL AND TRANSFER OFFICES 318 De Kalb Street, Norristown, Pa.

PHILLIPS AND RANGELEY RAILROAD COMPANY.

Line of Road. — Phillips, Me., to Rangeley, Me 29 miles.

Sidings, 1 mile. Gauge, 2 feet. Rail (steel), 35 Ibs.

.History.— Chartered in 1889, and road completed in July, 1891.

Rolling Stock. June 30, 1891. — Locomotive engines, 3. Cars — passenger, 2 : baggage,
2 ; freight (box, 5 ; platform, 35), 40 ; other, 10— total cars, 54.

Financial Statement, June 30, 1891.— Capital stock ($100 shares ; authorized, $75,000),
$73,980; funded debt, first mortgage 5 per cent. 20-year $1,000 bonds, due August 1, 1910,
interest payable February and August, $131,624.80 ; bills payable, $15,847.50— total, $221,-
452.30. Contra : Cost of road, $188,790.09 ; rolling stock, $18,587.16 ; real estate and right-

486 POOR'S MANUAL OF RAILROADS.

of way, $3,457.52; materials and fuel, $2,071.25 ; other assets, $381.37; bills receivable,
$628 ; cash, $2,600.90 ; profit and loss, $4,935.54— total, $221,452.30.

Annual meeting, third Wednesday in April, interest payable at the office of the trustee,
the Maine Trust and Banking Co., Gardiner, Me.

Directors. — Calvin Putnam, Danvers, Mass. ; Arthur Sewall, Bath, Me. ; George M.
Goodwin, A. B. Gilman, Haverhill, Mass. ; Frank Jones, Portsmouth, N. H. ; Payson
Tucker, Portland, Me. ; W. A. Rich, Woodfords, Me. ; J. S. Ricker, Deering, Me. ; F. E.
Timberlake, Phillips, Me.

ARTHUR SEWALL, President Portland, Me.

Treasurer— George W. York Portland, Me. | G. M. & P. A.— Paysori Tucker Portland, Me.

PRINCIPAL OFFICE AND ADDRESS Portland, Me.

PINE BLUFF, MONROE AND NEW ORLEANS RAILROAD CO.

(PINE BLUFF AND SWAN LAKE DIVISION.)

Line of Road.— Rob Roy, Ark., to English. Ark 30 miles.

Gauge, 3 ft. Rail (steel, 4 miles), 35 and 40 Ibs.

History.— Chartered June 11, 1884 ; road opened October 27, 1884. From Rob Roy to
Pine Bluff, 7.10 miles, the track of the Texas and St. Louis Ry. is used under a traffic
arrangement. An extension from Rob Roy to Argenta, 42 miles, is projected. In May, 1891,
application was made for the appointment of a receiver.

Rolling Stock. — Locomotive engines, 3. Cars — passenger, 2 ; freight, (box, 11 ; stock, 2 ;
platform, 27), 40 — total, 43. Of the above, 1 passenger and 15 platform cars are leased.

Operations. — Not reported.

Financial Statement.— Cost of road, $198,750 ; rolling stock, $10,290— total, $209,040.

Directors.— C. M. Neel, T. F. Burks, M. L. Bell, R. M. Neel, C. M. Neel, Jr., Pine
Bluff, Ark.

C. M. NEEL, President Pine Bluff, Ark.

T. F. Burks, Vice- President Pine Bluff, Ark.

Sec. and Treasurer— C. M. Neel, Jr. . .Pine Bluff, Ark. | Gen. Manager— S. Renwick Campbell. . .Pine Bluff, Ark.

PRINCIPAL OFFICE AND ADDRESS Pine Bluff, Ark.

PINE CREEK RAILWAY COMPANY,

g

Line of Road. — Stokesdale Junction, Pa., to Newbury, Pa 74.8 miles.

Sidings, 29 miles. Gauge 4 ft. 8£ in. Rail (steel), 60 and 76 Ibs.

History. — Chartered as Jersey Shore, Pine Creek and Buffalo Ry. Co., February 17r
1870 ; road opened July 1, 1883. Name changed February 6, 1884. Leased to Fall Brook
Coal Co. for 20 years from June 30, 1883, at 30 per cent of gross receipts, with provision for
adjustment of rental within the minimum of 25 and the maximum of 35 per cent, of gross
receipts. (See MANUAL for 1884, page 318.)

Rolling Stock (supplied by Fall Brook Coal Company). — Locomotive engines, 65. Cars
— passenger, baggage, etc., 32 ; freight, 2,339 ; service, 86 ; other, 25 — total, 2,482.

Operations for year ending June 30, 1890 (Lessee's report). — Train mileage — passenger,
84,662 ; freight and coal, 492,611 ; other, 74,932 — total, 652,205 miles. Passengers carried,
114,073 ; carried one mile, 2,095,129. Tons freight moved, 3,328,159 ; moved one mile, 159,-
248,817. Earnings— passenger, etc., $56,839.87; freight, $713,166.53— total, ($10,294.20 per
mile), $770,006.40. Operating expenses, $738,197.32. Net earnings ($425.25 per mile or 4.13
per cent.), $31,809.08. Paid rent of road, tracks, etc., $231,001.92 ; taxes, $1,672.42— total,
232,674.34. Balance, deficit, $200,865.26.

Lessor's Income Account for year ending June 30, 1891.— Rental, $253,061.90 ; receipts
from other sources, $2,015.44— total, $255,077.34. Payments : Interest on bonds, $218,010 ;
on debt, $44,341.78 ; taxes, $300 ; organization expenses, $201.30— total, $262,853.08. Deficit
$7,775.74 ; deficit from last year, $382,739.07— net deficit, $390,514.81.

POOR'S MANUAL OF RAILROADS. 487

Financial Statement (Lessor), June 30, 1891. — Capital stock (with right to increase to
$4,000,000 ; par, $50), $1,000,000 ; funded debt, 1st mortgage registered 6 per cent. 50-year
$1,000 bonds, due December 1, 1932, interest June and December, $3,500,000 ; 3d mortgage
6 per cent, registered $1,000 bonds, due December 1, 1932, $122,000 ; bills payable, $357,-
658.31 ; other liabilities, $51,822.07— total, $5,031,480.38. Contra: Cost of road, etc., $4,-
637,379.61 ; bills receivable, $218.29; cash on hand, $3,367.67 ; profit and loss, $390,514.81.

Principal and interest of bonds guaranteed jointly and severally by the New York Cen-
tral and Hudson River, the Philadelphia and Reading, and the Corning, Cowanesque and
Antrim RR. Cos., the guarantors to receive 2d mortgage bonds for any advances to meet
interest. Interest payable at the Grand Central Station, New York, N. Y. Trustees of 1st
mortgage bonds, William K. Vanderbilt and Chauncey M. Depew ; 2d mortgage bonds,
Daniel Beach and Clinton L. Rossiter. First mortgage bonds listed on the New York Stock
Exchange.

Annual meeting, second Monday in January, at Wellsboro', Pa. ; books close 60 days
previously, and stock owned then may be voted at the meeting. E. V. W. Rossiter, registrar
of stock.

Directors. — Cornelius Vanderbilt, William K. Vanderbilt, Chauncey M. Depew, H. McK.
Twombly, New York City.; George J. Magee, Watkins, N. Y.; William Howell, Antrim,
Pa.; M. E. Oluisted, Harrisburg. Pa.; Walter Sherwood, Jefferson Harrison, George F.
Baer, Reading, Pa.; Anton Hardt, John W. Bailey, Wellsboro', Pa.

HENRY SHERWOOD, President Wellsboro', Pa.

George J. Magee, Vile-President Corning, N. Y.

Secretary & Treas.—'E. V. W. Rossiter. .New York City. ] Chief Engineer— Anton Hardt Corning. X. Y.

For officers of Fall Brook Coal Co see Corning, Cowanesque and Antrim Ry.

PRINCIPAL OFFICE AND ADDRESS Wellsboro', Pa.

Transfer Office Grand Central Station, New York City.

PITTSBURGH, AKKON AND WESTERN RAILROAD COMPANY.

Line of Road. — Delphos, O., to Akron, 0 165 miles.

Sidings, etc., 5 miles. Gauge, 4 ft. 8£ in. Rail (steel), 60 Ibs.

History.— Consolidation, March 11, 1890, of the Pittsburgh, Akron and Western Ry. Co.,
and the Cleveland and Western RR. Co. The new company entirely rebuilt and broadened
the gauge of the line from Delphos to Carey, 56 miles, and completed the extension to Akron
in August, 1891. (See MANUAL for 1891.)

Rolling Stock, June 30, 1891. — Locomotive engines, 8. Cars — passenger, 6 ; baggage,
mail, and express, 3 ; freight (box, 170 ; platform, 50), 220— total cars, 229. Of this equip-
ment, 5 locomotives, 6 passenger, 2 baggage, mail, and express, and all the freight cars were
acquired through car trust.

Operations, etc., not reported, road being under construction during the past fiscal year.

Financial Statement.— Capital stock authorized, $4,230,000 ; outstanding, $2,500,000 ;
par, $100. Funded debt, 1st mortgage 5 per cent. 50-year $1,000 gold coupon bonds, with
privilege of registration, due April 1, 1940, interest payable April and October ($3,630,000
authorized), $2,450,000. Trustee, American Loan and Trust Co. New York, N. Y., at whose
office interest is payable.

JAMES D. GALLERY, President Pittsburgh, Pa.

General Manager— Wm. Semple Allegheny, Pa. | Secretary— W. A. Lynch Akron, O.

PRINCIPAL OFFICE AND ADDRESS Akron, 0.

PITTSBURGH AND CASTLE SHANNON RAILROAD COMPANY.

Line of Road.— Pittsburgh, Pa., to Arlington, Pa 6.50 miles.

Sidings, etc., 2.50 miles. Gauge, 3 ft. 4 in. Rail (steel, 6.5 miles), 50 Ibs.

History.— Chartered September 18, 1871. Road opened November 1, 1871.

488 POOR'S MANUAL OF RAILROADS.

Rolling Stock.— Locomotive engines, 5. Cars— passenger, 7; freight (platform, 4;
coal, 376), 380— total, 387.

Operations for year ending June 30, 1891. — Train mileage — passenger, ,52,541 ; freight,
6,066 — total, 58,607 miles. Passengers carried, 645,412 ; carried one mile, 2,091,562; average
mile rate, 1.67 cents. Tons freight moved, 40,446 ; moved one mile, 121,338 ; average ton-
inile rate, 50.20 cents. Earnings— passenger, $35,034.70 ; freight, $60,917.17 ; mail, $258.20 ;
other, $2,938.80 — total, $99,148.37. Operating expenses — transportation, $65,523.24 ; main-
tenance cars, $10,871.70; maintenance way, etc., $7,786.15— total, $84,181.09. Net earn-
ings, $14,967.28. Add other receipts, $2,388.24— total, $17,355.52. Paid interest on bonds,
$11,810; rentals, $2,650— total, $14,460. Balance surplus, $2,895.52; surplus forward,
$9,825.09— total surplus, $12,720.51.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $481,400 ; funded debt,
$235,000; other liabilities, $15,362.53; accrued interest, $5,000— total, $736,762.53. Contra:
Cost of road, $325,765.96 ; rolling stock, $25,542 ; real estate and buildings, $16,294.75 ; coal
lands, $72,824.25 ; live stock, $2,991 ; mortgages, $700 ; sundries, $275 ; cash on hand,
$9,836.67; profit and loss, $282,532.90— total, $736,762.53.

Funded debt consists of $200,000 1st mortgage 6 per cent. 20-year bonds, due August 1,
1908, interest payable February and August, and $50,000 purchase money mortgage, dated
April 1, 1891, bearing no interest, and due in 7 annmvl payments.

Directors (elected February 17, 1891. — Jas. M. Bailey, Jacob Geib, Charles Zugsmith,
Jr., L. S. McKallip, Thomas Mellon, Pittsburgh, Pa.; W. H. Brunt, Castle Shannon, Pa.;
H. Dana Rolfe, Homestead, Pa.; P. F. Schuchman, South Pittsburg, Pa.; James R. Redman,
J. M. Conroy, Alleghany City, Pa.

WALTER CHESS, President Pittsburgh, Pa.

E. J. Reamer, Treasurer and Secretary Pittsburgh, Pa.

PRINCIPAL OFFICE AND ADDRESS 50 Carson Street, Pittsburgh, Pa.

PITTSBURGH AND LAKE ERIE RAILROAD COMPANY.

Main Line of Road.— Pittsburgh, Pa., to Youngstown, 0 68.00 miles.

New Castle Branch : J unction to New Castle, Pa 2.93 mile?.

, j Pittsburgh, McKeesport and Youghiogheny Railroad 84.75 miles.

Leased : j Dickerson Run and Yougldogheny Northern Railroad 7.84 miles.

/Total length of lines owned and operated, June 30, 1891 163.52 miles.

2d track, 57.56 ; sidings, 110.93 miles. Gauge, 4 ft. 8£ in. Rail (steel), 60, 65, and 70 Ibs.

History. — Chartered May 8, 1875 ; main line opened in February, and branch in April,
1879. (See MANUAL for 1891.)

Rolling Stock, June 30, 1891. — Owned: Locomotive engines, 72. Cars — passenger, 34;
baggage, mail, and express, 15; freight (box, 487; platform, 25; coal, 2,781), 3,293;
caboose, 30 ; other, 443 — total cars, 3,815. Leased : Locomotives, 23. Cars— passenger, 15 ;
baggage, etc., 1 ; freight (box, 3; platform, 114 ; coal, 86), 203 ; caboose, 8 ; other, 427—
total, 654. Since the close of the fiscal year 500 new freight cars have been added.

Operations for year ending June 30, 1891. — Train mileage— passenger, 591,310 ; freight,
906,812 ; other, 1,466,539— total, 2,964,661 miles. Passengers carried, 1,802,635 ; carried one
mile, 23,429,270 ; average mile rate, 2.22 cents. Tons freight moved, 6,077,124 ; moved one
mile. 372,664,735 ; average ton-mile rate, 0.82 cent.

Earnlngs.-Pa^senger $510,974 57

Freight 3,042,93726

Mail and Express 36,668 02

Miscellaneous 23,250 55

Total ($22,155.27 per mile) $3,622,830 40

Expenses.— Transportation $1,180,07590

Motive Power and Cars 375,369 92

Maintenance Way & Buildings. 881,409 70
General... 183,67220

Total ($16,022.68 per mile) $2,620,527 72

imai \$%A,IVV.*I Vcl "IC/ ^w,»«»,uwv - - -

Net earnings (27.67 per cent.), $1,002,302.68. Add rentals received, $25,787.73-
available revenue, $1,028,090.41. Payments : Interest on bonds, $184,166.21 ; on debt, $23
243.39; rentals, $446,579.10; dividends (July, 1890, and January, 1891, 3 per cent, each).

POOR'S MANUAJL — PITTSBURGH AND LAKE ERIE RR. CO.

489

$240,000; other, $68,268,50— total, $962,257.20. Balance, surplus, $65,833.21. Surplus from
last year, $1,212,234.22 — total surplus as per general balance sheet, $1,278,067.43.
General Balance Sheet, June 30, 1891.

Capital Stock (par $50) $4,«00,000 00

Funded Debt Outstanding 3,000,00000

Real Estate Mortgages 182,737 49

Bills Payable 285,000 00

Current Accounts 773,761 90

Cost of Road $6,557,397 57

Cost of Rolling Stock 2,371,26849

Current Accounts 530,694 45

Materials on Hand 124,41554

Cash on Hand ... 73,290 77

Accrued Interest Unpaid 12,500 00

Unpaid Dividends 120,000 00

Profit and Loss ... . 1,278,067 43

Total Assets $9,657,066 82 j Total Liabilities $9,657,066 82

Funded debt consisted June 30, 1891, of $2,000,000 1st mortgage 6 per cent. 50-year
$1,000 gold coupon bonds, due January 1. 1923, interest payable January and July ; and
$1,000,000 (authorized, $2,000,000) 2d mortgage (series A) 5 per cent. 39-year $1,000 gold
coupon bonds, due January 1, 1928, interest payable April and October.

The authorized issue of firsts is $10,000,000 ; of seconds, $3,500,000, secured in their or-
der on the main line and New Castle Branch. Interest on firsts payable at the company's
office in Pittsburgh ; on 2ds, at the office of the New York Security and Trust Co. Trustees
of bonds : 1st mortgage, Safe Deposit Co., Pittsburgh, Pa.; 2d mortgage, New York Security
and Trust Co., New York, N. Y. Annual meeting, fourth Tuesday in January, at Pitts-
burgh, Pa. Voting power attaches to stock after sixty days' ownership. Second mortgage
(series A) bonds listed on the New York Stock Exchange.

Statement showing gross earnings, expenses, etc., for thirteen calendar years :

Grogs

OPERATING Ex

PEN SES.

Net

Fixed

Earnings.

Amount.

p. c.

Earnings.

Charges.

1879 70.35

3:35 r&48 92

177.725 77

52.95

157,923 15

S

134,7(58 38

23,154 77

1880 70.35
1881 . 70 35

841,256 76
1,041,063 42

399,012 70
608,764 97

47.48
58 40

442,244 06
432,298 45

143.366 85
14D.635 02

298.877 21
291,663 43

1882 70.35
1883 . ... 70.35

1,265.748 11
1,402,763 88

757.043 94
819,759 70

59.80
58 40

508,704 17
583,004 18

164,032 80
175,853 49

344.671 37
407.150 69

1884 135 00

1,785021 56

,103 632 55

61 83

681,389 01

515,384 08

166 004 93

1885 135.00

1,789,036 19

,074,358 31

60.06

714,677 88

517,227 78

197.450 10

1886 135 72

2,007 493 26

,270,001 45

63 26

737,491 81

532,825 47

204.666 "34

1887 135.72
1888 135 72

2.452.194 44
2.787.207 08

,661,775 28
,931,314 56

67.77
69 29

790,419 16
855 892 52

548,213 98
582,561 18

242.205 18
273 331 34

1889 135.72
1890 163 72

3,251.895 12
4,010,586 95

2,404,404 17
3,062,698 00

73.93
76 37

847.490 95
947,888 95

579.396 05
627.225 83

268,094 90
320.663 12

1891 ; 163.72

3.757.207 27

2,830,376 17

75.33

926,831 10

672.389 48

254.441 62

LINES LEASED OR OWNED BY THE PITTSBURGH AND LAKE ERIE RR. Co.

PITTSBURGH, MCKEESPORT AND YOUGHIOGHENY RAILROAD. -Pittsburgh,
Pa., to New Haven. Pa.. 56.95 miles. Monongahfln Di -i'mion, Reynoldton to Belle Veruon. Pa., 27.8 miles;
Dickerson Run to Clarissa Mines, 4.5S ; other branches, 3.26 miles— total, 84.75 miles. Second track. 10.34 ;
sidings, 47.95 miles. Rail (steel), 70 Ibs. Gauge. 4 ft. 8$ in. Chartered January 1, 1881 ; road opened November
19, 1883. Consolidated during the past year with ihe McKeesport and Belle Veruon RR. Co. Leased January 1,
1884, for 999 years, from August 3, 1881. by the Pittsburgh and Lake Erie RR. Co., that company and the Lake
Shore and Mich. Southern Ry. Co. guaranteeing 6 per cent, interest on bonds, and 6 per cent, dividends on stock.
These companies do not guarantee the interest on the McK. & B. V. RR. Co. 1st mortgage bonds. Rental, year
ending June 30. 1891, $441.579. Paid interest on bonds, $225,000, and dividends (6 p. c.), $216,579— total, $441 .579.
The company owns -33 locomotives, 16 passenger, 630 freight, and 8 caboose cars. Capital stock, $3.959,650 : funded
debt list mortgage 6 per cent. 50-year bonds, dated July 1, 1882. interest payable January and July, $->.250,000 ;

" ts:age 6 per cent. 50-year bonds, due July 1, 1934. interest payable January and July, $900,000 ; 1st mort-

is. & B. V. 6 per cent. 30-year bonds, due January 1. 1918, interest payable January and July. $600,000),
S3.75i>,000— total, $7,709.650. Contra : Cost of road, etc.."$7.3%,603.21 : equipment. §383.046. 79— total", $7,709,650.
Guaranteed dividends and interest on Ists of 1932, and 2ds of 1934, payable at the office of the Union Trust Co.,
i ork : interest on McK. & B. V. bonds, at office of Fidelity Trust Co., Pittsburgh. J. H. REED. President ;
n G. Robinson. Secretary and Treasurer ; C. H. Bronson, Auditor. CORPORATE OFFICE, Bank of Commerce
Building, cor. Sixth Avenue and Wood Street, Pittsburgh, Pa.

DICKERSON RUN AND YOUG-HIOGHENY NORTHERN RAILROAD.-Dickerson

n to Clarissa Mines, 4.58 : branches, 3.26— total, 7.84 miles. Rail (steel), 60 Ibs. Gauge, 4 ft. 8f in. Chartered

igust 16, 1881 ; road opened in 1863. Leased to Pittsburgh. McKeesport and Youghiogheny RR. Co. Capital

-ock, representing cost of road, $400.000. THOMAS MELLON, President ; A. M. Thorne. Treasurer ; W. F.

McCook, Secretary, Pittsburgh, Pa.

490

POOR'S MANUAL OF RAILROADS.

Board of Directors, P. & L. E. RR. Co., elected January 26, 1892.

Cornelius Vanderbilt.NewYork, N.Y
Wm. K. Vanderbilt. •" " "

Vanderbilt.
H. McK. Twombley.
F. W. Vanderbilt...

James r. Bennett.. ..Pittsburgh, Pa.

E. D Worcester. . .New York, N. Y.

Jas. M.SchoonmakerPittsburgh,Pa.

Henry Hice Beaver, Pa.

D. Leet Wilson Pittsburgh, Pa.

M.W.Watson

James M. Bailey

J. H.Reed ....

John Newell Chicago, 111 .

JOHN NEWELL, President and General Manager Pittsburgh, Pa.

Sec. and Treas.—So\m G.Robinson Pittsburgh, Pa. | Auditor— C. H. Bronson Pittsburgh, Pa

PRINCIPAL OFFICE AND ADDRESS Cor. 6th Ave. and Wood St., Pittsburgh, Pa.

PITTSBURGH AND WESTERN RAILWAY COMPANY

Lines of Road :

Western Division : Wood's Run, Pa. (0. B. & P. Mill), to New Castle, Pa 63.00 miles.

Northern Division : Gallery Junction, Pa., to Mt. Jewett, Pa 140.20 miles.

Duck Run Branch : Duck Run, Pa., to Crowthers, Pa 3.50

Clarion Branch : Clarion, Junction, Pa., to Clarion, Pa 6.20

Kane Branch : Kane Junction, Pa., to Philadelphia and Erie Depot 1.00 — 10.70 miles.

. j Pittsb.,Clevel. & Toledo RR.: New Castle June., Pa., to Akron June., O. 77.20 miles.

* { PittsburgJi^ Painesmlle & Fairport RR 61.50 miles.

1.00 mile.
29.30 miles.

Trackao-e • ^ VaUey RR- •' Valley Junction to Akron; O

' ' J Cleveland, Akron & Columbus RR.: Cuyahoga Falls to Orrville, O.

Total length of lines owned, leased, and operated June 30, 1891 382.90 miles.

2d track, 4.72 miles ; sidings (owned, 73.05 ; leased lines, 29.22), 102.27 miles. Gauges, 3
ft. and 4 ft. 9 in. Rail (steel, 374.40 miles), 40, 60, and 70 Ibs.

History.— Reorganization June 26, 1887, of the Pittsburgh and Western RR. Co., whose
road was sold under foreclosure June 8, 1887. (See MANUAL for 1887, page 302.)

The line from Butler to Mount Jewett, and the Kane and Clarion Branches, 133. 4 miles in
all, are narrow gauge, with 40 Ib. rail. All others are standard gauge, with 60 and 70 Ib.
rail. At Allegheny the company owns terminal yards extending from near Pine Creek to
Jack's Run, a distance of about 7 miles, covering almost the entire river frontage of Alle-
gheny City. For terms of leases see subjoined statements. (See MANUAL for 1891.)

Since the completion of the Akron & Chicago Junction RR. this road has been operated
as practically a part of the Baltimore and Ohio System.

Rolling Stock, June 30, 1891 :

P. & W.

Standard
Gauge.

P. &W.

Narrow
Gauge.

P. C. &T.
Standard
Gauge.

P. P. & P.

Standard
Gauge.

Total.

Locomotives

66

23

18

7

114

Passenger Cars

15

14

17

46

Baggage, Mail, and Express Cars . . .

2

4

2

8

Gondola Cars

2,966

381

430

865

4,645

Side Dump

27

27

Box Cars

251

154

254

659

Stock Cars .

3

3

Flat Cars

39

103

47

189

Coke Cars

330

10

340

Caboose Cars

28

9

3

in

Miscellaneous Cars

4

3

2

9

Total Cars ^-

3 638

671

765

892

5,966

Operations for year ending June 30, 1891 (Pittsburgh and Western Ry. proper). — Train
mileage, passenger and freight statistics not reported.

Earnings.— Passenger .................... $362,446 96

. 1,016,533 01
15,505 56
25,375 12
16,711 93

Total ($6,717.50 per mile) ... . . $1,436,872 58

Freight

Mail

Express

Miscellaneous...

Expenses.— Transportation $540,979 61

Motive Power and Cars 197,619 09

Maintenance Way &Buildirgs. 14tU«52 11
General . . 95,693 58

Total ($4,597.73 per mile)

. $983,454 39

POOR'S MANUAL — PITTSBURGH AND WESTERN RY. CO.

491

Net earnings (31.66 per cent.), $453,418.19. Add dividends received, $3,000— total
revenue, $456,418.19. Payments: Interest on bonds, $399,189.99; on debt, $56,456.76;
taxes, $23,969.97— total, $479,616.72. Balance, deficit, $23,198.53 ; surplus forward, $503,-
187.04 — net surplus as per general balance sheet, $479,988.51.

Supplementary Statement, showing gross earnings, expenses, etc., of the Pittsburgh
and Western Ry. Co., and its leased lines :

P. & W. Ry. P., C. & T. RR.

P., P. & F. RR.

Total, all Lines.

Gro«s Earnings

1,436,878 58 460,084 11

$

288,973 25

2,185,9-29 94

Operating Expenses (incl. Rentals)....

983,454 39 391,938 20

255,861 93

1,631.254 52

"Vet Earnings

453,418 19 68,145 91

83,111 32

554.675 42

Interest and Taxes

479.616 72 156,615 72

67,730 46

703,962 90

Balance (Deficit).

26,198 53

88,400

34,619 14

149,287 48

General Balance Sheet, June 30, 1891.
Cost of Road and Equipment $23,724,732 45 Capital Stock (par, ($50) $12,000.000 00

Stocks and Bonds Owned

Materials and Supplies

Advances to P., C. and T.RR. Co

Advances to P., P. and F. RR. Co

Trum'll and Mahon'g RR. Co. — Advances.
Pittsb. and Northern RR. Co.— Advances
Judgment Account. P., C. and T. RR. Co.
Accounts Receivable and Cash. . .

445,964 73 Funded Debt Outstanding 10,088,500 00

86,399 88 Accounts Payable 1,729,41001

581,152 97 | Car Trust Warrants 1,116,65361

237,318 20 ; Interest Accrued and Unpaid 198,353 00

819 86 Profit and Loss 479,988 51

49,013 38
14,677 06

472,826 60

219.»10

81.000
1SS.500

Total Assets $25,612,905 13 Total Liabilities $25-612,905 13

The item "Stocks and Bonds Owned,"' in the general balance sheet, is represented by
the following: Foxburgh Bridge stock, $50,000; Pittsburgh & Northern RR. stock, $150,-
000 ; Trumbull and Mahouing RR. stock, $500,000 ; Trumbull and Mahoning RR. bonds,
$250,000— total, $950,000, the nominal value of which is $445,964.73.
Funded debt outstanding consisted, June 30, 1891, of —

1st mortsage 4 per cent. 30-year gold bonds, due July 1, 1917, interest January and July $9,600.000

1st mttre. (P.. X. C. & L. E. RR.) 7 per cent. 20-year bonds, due June 1, 1898. interest June and Dec

1st mortgage (old P. & W. RR.) 6 per cent. 20-year bonds, due Oct. 15, 1900, interest April and Oct

Real estate mortgages, 6 per cent

The authorized issue of the 1st mortgage 4 per cent, gold bonds is $10,000,000, of which
$300,000 are specifically reserved to take up the divisional bonds, and the balance is reserved
by the company for equipments, betterments, etc. These bonds are of the denomination of
$1,000 each, in coupon form, with privilege of registration of principal, and are secured by a
mortgage bearing date of July 1, 1887, made to the Mercantile Trust Co., as trustee, covering
all the railways, real estate, terminal facilities, leases, equipment, and other property now
owned or hereafter acquired by the railway company. There have also been deposited with
the trustee of said mortgage, as part security therefor, $375,000 of the capital stock and
$150,000 bonds of the Trumbull and Mahoning RR. (being part of the $500.000 stock and
$250,000 bonds referred to above), same having been issued in payment for lands at Youngs-
town, deeded to the latter company by the Pittsburgh and Western Railway Co. The capi-
tal stock consists of $7,000,000 common stock and $5.000,000 five per cent, non-cumulative
preferred stock, all in shares of $50 each, and all of which (excepting 500 shares of common
stock) is deposited in trust till July 1, 1892, the voting power thereon being exercised by J.
Pierpont Morgan, J. Lowber Welsh, and James Gallery, their successors, or a majority of them.

Annual meeting, first Monday in May. Interest payable in Pittsburgh and at office of
Drexel, Morgan & Co., New York. Bonds registered at office of Drexel, Morgan & Co., New
York, X. Y. Trustees of bonds : 1st mortgage P., N. C. & L. E. RR. 7s, William N. Riddle,
Henry Whalen, and D. R. Halstead ; 1st mortgage P. & W. RR. 6s, T. H. Xevins, William
f. Riddle, and Joseph Walton ; 1st mortgage 4s, Mercantile Trust Co., New York, N. Y.
Registrar of stock, Mercantile Trust Co., 120 Broadway, New York, X. Y. First mortgage
4s of 1917 listed on the Xe\v York Stock Exchange.

492 POOK'S MANUAL OF RAILROADS.

RAILROADS LEASED on OWNED BY THE PITTSBURGH AND WESTERN RAILWAY Co.

PITTSBURGH AND NORTHERN RAILWAY.— Bennett, Pa., to Brookfleld, Pa., 4 miles.
Sidings, 0.10 mile. Gauge, 3 ft. Rail, 28, 30, and 47 Ibs. Formerly the Evergreen Ry. ; sold to the Pittsburgh
and Western Ry. Co. in 1887, and now operated under above title. Capital stock (par, $50), S25,000 ; unfunded
debt, $46,249.91. HENRY W. OLIVER, President; T. J. Crump, Secretary and Treasurer. PRINCIPAL OFFICE
AND ADDRESS, Allegheny, Pa.

PITTSBURGH CLEVELAND AND TOLEDO RAILROAD.-New Castle Junction, Pa., to
Akron Junction, O., 77.22 miles. Sidings. 11.11 miles. Gauge, 4 ft. 81 in. Rail (steel), 60 Ibe. Organized June
8, 1882, and road opened March 1, 1884. Connection is made with the Wheeling and Lake Erie RR. by using the
tracks of the Cleveland, Akron and Columbus RR., from Cuyahoga Falls to Orrville, O., 31 miles. The track of
the Valley RR., from Valley Junction to Akron, O., 1.04 miles, is also used. In 1882, a one-quarter interest in
this company was acquired by the Pittsburgh and Western Ry. Co., and on July 15, 1884, the road was leased to
that company for 99 years on guarantee of bond interest. Subsequently the guarantee was assumed by the Balti-
more and Ohio RR. Co. in consideration of tlie P. and W. Co. transferring to it 15,000 shares of this company's
stock, and agreeing to pay into the Central Trust Co. $12,000 monthly on account of rental, default to entail a
forfeiture of lease, etc., to the B. & O. RR. Co.

Rolling Stock (owned).— Locomotive engines. IS. Cars— passenger, 10 ; combination, 3 ; freight, 512. Also,
13 other cars, and one-third interest in 1,000 (or 334) Pittsburgh and Toledo Dispatch line cars. Total cars, 859.

Income, year ending June 30, 1890, $481.415.84 ; expenses and taxes, $345,872.02 ; net, $135,543.22. Interest
on bonds, $144,000 ; rentals, $33,868.70- total, $177,868.70. Deficit, $42,325.48.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $3,000,000 ; funded debt, 1st mortgage 6 per
cent. 40-year $1,000 bonds, dated October 1, 1882, interest April and October, $2,400,000 ; current accounts, $541,-
282.92— total liabilities, $5,941,282.92. Contra : Cost of road and equipment,;$5.555,213.87 ; profit and loss, $386,-
069.05— total, $5.941,282.92. Trustee of bonds, Central Trust Co., New York, where interest is payable Listed
on the New York Stock Exchange.

Directors P. C. & T. RR. (elected December, 1891).— C. H. Andrews, L. E. Cochran, Youngstown O • T M
King, Philadelphia, Pa. ; David Lee, Zanesville. O. ; R. T. Devries, Newark, O. ; C. S. Wright. J. V. Patton,
James R. McCreery, Johns McCleave, Pittsburgh, Pa. ; J. H. Collins, Columbus, O. ; Orland Smith, W. W. Pea-
body, Cincinnati, O. ORLAND SMITH, President, Cincinnati, O. ; J. B. Washington, Secretary and Treasurer,
Pittsburgh, Pa. GENERAL OFFICE, Youngstown, O. Transfer Office, Pittsburgh, Pa.

PITTSBURGH, PAINESVILLE AND FAIRPORT RAILROAD.-Fairport, O., to Youngs-
town, O., 62.3 miles. Sidings, 5.11 miles. Gauges, 4 ft. 8£ in. and 3 ft. Rail (steel), 60 Ibs. Successor (June,
1886) to the Painesville and Youngstown Ry. Co. whose property was sold under foreclosure June 3, 1886, and
purchased for account of the stockholders. The road from Fairport to Niles, 52.2 miles, was changed to standard
gauge, and was leased to the Pittsburgh and Western RR. Co., October 1, 1886, the lease providing for the pay-
ment of the interest on the 1st mortgage bonds ; the remainder of the line is leased in perpetuity to the Trum-
bull and Malioning RR. Co. and the rental commuted in advance. Locomotive engines, 7. Cars — passenger, 6 ;
baggage, mail, and express, 3 ; freight, 146. financial Statement.— Capita] stock— common, $1,000,000 ; pre-
ferred, $250,000 : funded debt, 1st mortgage 5 per cent. 30-year $1,000 gold coupon bonds, due 1918, interest pay-
able January and July, $1,000,000— total stock and bonds, $2,250,000. Interest payable at the office of the trus-
tee, the Mercantile Trust Co., New York. Bonds listed on the New York Stock Exchange. There are also out-
standing $250.000 5 per cent. $1,000 terminal mortgage bonds, dated 1889, due July, 1916, interest guaranteed by
the lessee, and payable January and July. SOLON HUMPHREYS, President, New York, N. Y. ; R. K. Paige, Vice-
President, Painesville, O. GENERAL OFFICE, Painesville, O.

Board of Directors P. and W. Ey. Co., elected May 4, 1891.

James D. Callery. . .. Pittsburgh, Pa.

J. W. Chalfant "

Samuel Spencer. . .New York, N. Y.

C. H. Coster New York, N. Y. I H. W. Oliver Allegheny, Pa.

A. J. Thomas " Solon Humphreys. New York, N. Y.

W. H. Singer Pittsburgh, Pa. I M. K. Moorhead Pittsburgh, Pa.

HENRY W. OLIVER, President Allegheny, Pa.

A. J. Thomas, Vice- President New York, N. Y.

Secretary— T. J. Crump Allegheny, Pa. Auditor— J. L. Kirk Allegheny, Pa.

Treasurer— W. H. Duffell Allegheny, Pa. General Manager— J. V. Patton Allegheny, Pa.

PRINCIPAL OFFICE AND ADDRESS Allegheny, Pa.

New York Office Drexel Building, New York, N, Y.

PITTSBURGH, CHARTIERS AND YOUGHIOGHENY RAILWAY COMPANY.

Main Line of Road.— Chartiers to Jc. Chartiers Br. P., C., C. & St. L. Ry .7.4

Branches: Junction No. 2, 1; Coal Works, 1.9; Beechmont, 4.2; River, 0.7 7.8—15.2 miles.

Sidings, 6.50 miles. Gauge, 4 ft. 8f in. Rail (steel, 21.70 miles), 56 Ibs.

History.— Incorporated October 26, 1881. Road built in 1882 and 1883.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 6. Cars — passenger, 4 ; baggage,
etc., 2 ; freight (coal), 320; other, 11— total cars, 337.

Operations for year ending June 30, 1891. — Train mileage — passenger, 40,753; freight,
41 ,027— total, 81,780 miles. Passengers carried, 105,752 ; carried one mile, 515,272 ; average
mile rate, 2.29 cents. Tons freight moved, 645,842; moved one mile, 7,625,264; average
ton-mile rate, 1.57 cents. Earnings— passenger, $11,792.83 ; freight, $119,561.91 ; other,
$5,843.44— total, $137,198.18. Operating expenses, $103,390.84. Net earnings, $33,807.84.
Payments : Interest, $37,620 ; other, $8,989.58— total, $46,609.58. Deficit, $6,786.26.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $593,600; funded debt

POOR'S MANUAL OF RAILROADS.

4:93

(1st mortgage 6 per cent, bonds, due 1902, interest payable February and August, $320,000 ;
2d mortgage 6 per cent, bonds, due 1907, interest payable April and October, $307,000),
$627,000 ; current accounts, $156,976.37 ; interest accrued, not due, $12,605— total, $1,390,-
181.37. Contra : Cost of road, $947,516.05 ; rolling stock, $243,959.65 ; securities owned,
$LOOO ; cash and current assets, $42,080.96 ; profit and loss, $155,624.71— total, $1,390,181.37.

(ieneral mortgage 4 per cent, gold bonds, dated April 1, 1892, to the amount of
$1,000,000 have been authorized, $648,000 to be used in retiring the first and second mort-
gage bonds. The second mortgage bonds will all be exchanged April 1, 1892, for the new
bonds. The Fidelity Title and Trust Co. of Pittsburgh, is trustee of the new mortgage.

Annual meeting, second Monday in January, at Pittsburgh, Pa. Capital stock authorized,
$600.000; shares, $50 each. Trustee of bonds, The Safe Deposit Co. of Pittsburgh, Pa.
Registrar of stock, the Treasurer of the company.

Directors (elected January 11, 1892).— James McCrea, J. T. Brooks, J. E. Davidson,
J. J. Brooks, E. B. Taylor, J. W. Renner, J. J. Turner, Pittsburgh, Pa.

JAMES McCREA, President ............................... Pittsburgh, Pa.

Secretary— R. T. Hill .................. Pittsburgh, Pa. | Treasurer— 1 '. H. B. McKnight ......... Pittsburgh, Pa.

PRINCIPAL, OFFICE AND ADDRESS ................................ Pittsburgh, Pa.

PITTSBURGH JUNCTION EAILROAD COMPANY.

Line of Road.— Laughlin Sta.(B.& O.RR.) to Willow Grcve (P. &W.RR.).4.47
River Division : 43d St. to 9th St., Pitts., Pa. (except bet. 20th and 16th Sts.).2.08 — 6.55 miles.
2d track, 4 miles ; sidings, 5.80 miles. Gauge, 4 ft. 84 in. Rail (steel), 60 to 67 Ibs.

History. — Consolidation, December 21, 1881, of the Pittsburgh Local RR. Co. and the
Pittsburgh Junction RR. Co. Road opened, as above, September 1, 1884. Used as a con-
necting link between the B. & 0. and Pittsburgh and Western RRs.

Under a contract dated April 27, 1882, the Baltimore and Ohio RR. Co. (as lessee of the
Pittsburgh and Connellsville RR.) and the Pittsburgh and Western RR. Co. agree to pay to
this company jointly on through freight cars, and individually on others, $2 for each loaded
freight car delivered to or received from the Pittsburgh Junction RR., the payments to be
reduced to $1.50 per car should the earnings amount to $270,000, and to $1 per car should
they equal $300,000 ; but should they fall below $240,000 in any year the charge on cars
shall be increased so as to meet the deficit, both parties contributing equally for that pur-
pose, and any advances so made, together with interest, to be charged against this company.

Rolling Stock, June 30, 1891. — Locomotive engines, 3.

Operations for year ending June 30, 1891. — Mileage and traffic statistics not reported.
Earnings— passenger, $62.70 ; freight, $215,042.27— total, $215,104.97. Expenses— trans-
portation, $33,259.93; motive power. $2,214.34; maintenance of way, etc., $16,921.56; gen-
eral, $6,985.42; taxes, $5,834.13— total, $65,215.38. Net earnings, $149,889.59. Add rents,
$1,367.37— total available revenue, $151,256.96. Paid interest on bonds, $86,400 ; other
interest, $3,141.01; rentals and taxes on leased property, $25,750.05 ; other payments, $4,420
—total, $119.711.06. Balance, surplus, $31,545.90.

General Balance Sheet, June 30, 1891.

Cost of Road $3, 175,472 88

Cost of Rolling Stock 20,126 12

Materials and Fuel 570 29

Foreign Roads,Companies, and Individuals 38.332 76

Slocks and Bonds Owned 200,000 00

Current Accounts 11.719 26

Cash on Hand 47,437 18

Common Stock Paid in (par, S50) $960,000 00

Preferred Stock Paid in (par. $50) 480,000 00

Funded Debt Outstanding 1 ,440,000 00

Bills Payable 56355 05

Current Accounts 61,301 00

Interest Accrued 43,620 00

Traffic Balances 45,001 43

Pittsburgh Junction Terminal Co 97,755 77

Improvement Fund 234,83339

Profit and Loss 74.79185

Total Assets $3,493,65849 Total Liabilities $3.493,658

Funded debt consists of 1st mortgage 6 per cent. 40-year $1,000 gold coupon bonds, with
privilege of registration, due July 1, 1922, interest payable January and July.

494 POOK'S MANUAL OF BAILED ADS.

Preferred stock is guaranteed 7 per cent, cumulative after payment of coupons, and shares
equally with common in any dividend over 7 per cent, on both classes. Annual meeting, sec-
ond Monday in March, at Pittsburgh, Pa. Books close thirty days previously. Interest pay-
able at Third National Bank, New York, and Tradesmen's National Bank, Pittsburgh, Pa.
Trustee of bonds, Mercantile Trust Co., New York. The secretary is registrar of stock.
Bonds listed on the New York Stock Exchange.

Directors (elected March 9, 1891).— John W. Chalfant, C. B. Herron, H. W. Oliver,
Allegheny City, Pa.; Jacob Painter, Jr., Reuben Miller, William Metcalf, John Z. Speer,
William Van Kirk, A. E. W. Painter, C. L. Fitzhugh, Pittsburgh, Pa. ; Charles F. Mayer,
William F. Frick, Baltimore, Md.

THOMAS M. KING, President Pittsburgh, Pa.

William Van Kirk, Vice-President

Secretary and Auditor— J. A. Smith Pittsburgh, Pa. | Treasurer— Robert Wardrop Pittsburgh, Pa.

PRINCIPAL OFFICE AND ADDRESS, Room 401, GermaniaBank Bldg., Pittsburgh, Pa.

PITTSBURGH, MARION AND CHICAGO RAILWAY COMPANY,

Line of Road Projected. — Chewton, Pa., to Marion, 0 177 miles.

Completed : New Galilee, Pa., to New Lisbon, 0 25 miles.

Sidings, 1 mile. Gauge, 4 ft. 87 in. Rail (steel, 25 miles), 50 and 60 Ibs.

History. — Consolidation, February 13, 1886, of the Wampum and State Line Ry., and
the Pittsburg, Marion and Chicago RR. Cos. (See MANUAL for 1890.)

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; baggage, mail, and ex-
press, 2 ; freight (box, 4 ; platform, 3 ; coal, 22), 29 ; other cars, 15— total, 47.

Operations for year ending June 30, 1891. — Train mileage — passenger, 24,028 ; freight,
24,028 — total, 48,056. Passengers carried, 34,344 ; carried one mile, 384,389 ; average mile
rate, 2.23 cents. Tons freight moved, 148,788 ; moved one mile, 1,502,758 ; average ton-mile
rate, 1.98 cents. Earnings— passenger, $8,583.21 ; freight, $29,800.74; mail, $1,153.30 ; ex-
press, $504.64; other, $288.74— total, ($1,613.23 per mile), $40,330.63. Expenses— trans-
portation, $14,396.20 ; rolling stock, $3,834.05 ; maintenance way and buildings, $11,603.90:
general, $6,160.08— total ($1,439.77 per mile), $35,994.23. Net earnings (10.75 per cent.),
$4,336.40. Payments : Interest on bonds, $23,760 ; taxes, $696.59— total, $24,456.59. Defi-
cit, $20,120.19. Surplus from last year, $13,151.14; coupons cancelled, $23,760 — total,
$36,911.14. Balance surplus as per general balance sheet, $16,790.95.

General Balance Sheet, June 30, 1891.

Cost of Road $1,444,114 84

Cost of Rolling Stock 17,352 33

Total Assets : $1,461,467 17

Capital Stock $500,000 00

Funded Debt 896,000 00

Current Accounts 48,676 22

Profit and Loss . . , 16,790 95

Total Liabilities $1,461,467 17

Funded debt, 1st mortgage 6 per cent. $1,000 coupon bonds, dated June 1, 1886, due
January 1, 1917, interest payable January and July ($400,000 authorized), $396,000 ; income
5 per cent. 20-year bonds, due January 1, 1907, $500,000.

Annual meeting, second Monday in January, at New Lisbon, 0. Registrar of stock,
R. W. Tayler, Secretary, New York, X. Y. Capital stock authorized ($50 shares), $750,000.

Directors (elected January 12, 1891).— W. S. Gurnee, B. Y. Frost, H. M. Curtis, Charles
Siedler, George Lord Day, John I. Holly, New York, N. Y.; F. H. Coleman, J. E. Umbstaet-
ter, Pittsburgh, Pa.; I. F. Mansfield, Cannelton, Pa.; James Charters, Wm. M. Hostetter, W.
H. Warner, N. B. Billingsley, New Lisbon, 0.

N. B. BILLINGSLEY, President New Lisbon, O.

Treasurer— H M Curtis . . .New York, N. Y. I General Manager- -N. F. Wood New Lisbon, 0.

Secretary— R.W. Tayler " " I Aud. & Gn.Ft.&P.Ag.—K. E. Baringer

PRINCIPAL OFFICE AND ADDRESS New Lisbon, O.

Stock Transfer Offices New Lisbon, 0., and New York, N. Y.

POOR'S MANUAL OF RAILROADS. 495

PITTSBURGH, OHIO VALLEY AND CINCINNATI RAILROAD COMPANY.

Line of Projected Road.— Bellaire, O., to Marietta, 0 75 miles.

Completed : Bellaire to Pultney Bottom, 0 4 miles.

/ Pultney Bottom to Powhatan. O., (completed April 1, 1892) 11 miles.

Gauge, 4 ft. 9 in. Rail (steel), 60 Ibs.

History.— Chartered as Ohio Valley Ry. Co. in April. 1871 ; present name adopted in
August, 1890. The contract calls for the completion of the whole line by 1893.

Financial Statement, June 30, 1891.— Capital stock ($1,500,000 authorized ; $1,209,350
subscribed— $50 shares), $208,250 ; due Pennsylvania Company for advances, $46,376.67—
total, $254,626.67. Contra : Cost of road, $247,548.30 ; cash in hands of president, $7,078.37
—total, $254,626.67.

Annual meeting, third Wednesday in February at Pittsburgh, Pa.; transfer books close
ten days previously, and stock owned then may be voted at the meeting. Registrar of stock,
S. B. Liggett, Pittsburgh, Pa.

Directors (elected February 24, 1892).— A. J. Warner, David Okey, Marietta, 0. ; James
McCrea, J. T. Brooks, T. D. Messier, Pittsburgh, Pa.; E. N. Riggs, Powhatan Point, O.;
J. A. Gallaher, Bellaire, O.

A. J. WARNER, President Marietta, O.

Treasurer— T. H. B. McKnight Pittsburgh, Pa. | Secretary— $. B. Liggett Pittsburgh, Pa.

Chief Engineer— M. J. Becker Pittsburgh, Pa.

PRINCIPAL OFFICE AND ADDRESS Pittsburgh, Pa.

PORT CLINTON SHORT LINE RAILWAY COMPANY.

Line of Road Projected. — Port Clinton, 0., to Fremont, 0 21 miles.

Completed : Short Line Junction, O., to Salem, 0 2 miles.

Gauge, 4 ft. 8£ in.

History. — Road completed as above» during 1889. From Port Clinton to Short Line Junc-
tion grading is completed. The company has contracted for the use of the Wheeling and
Lake Erie Ry. tracks from Short Line Junction to Fremont, a distance of 9 miles, with use
also of the W. & L. E. terminals at Fremont.

Financial Statement.— Capital stock, $300,000. Funded debt issued, $160,000 1st mort-
gage 6 per cent. 30-year bonds, dated March 1, 1888, interest payable March and September,
all of which are still in the company's treasury.

Directors (elected January, 1891).— R. O. Bell, N. R. Webster, W. H. Payne, E. H. Bren-
nan, J. H. Buck, Port Clinton, O. ; D. A. Ranck, Frank Heim, Fremont, O.

EDGAR H. BRENNAN, President and Treasurer Port Clinton, 0.

J. H. Buck, Secretary Port Clinton, O.

PRINCIPAL OFFICE AND ADDRESS Port Clinton, O.

PORT EDWARDS, CENTRALIA AND NORTHERN RAILROAD COMPANY.

Line of Road.— Port Edwards, Wis., to Marshfield, Wis 30 miles.

Gauge, 4 ft. 8£ in. Rail (steel), 72 Ibs.

History. — Chartered March 10, 1890, and road completed towards the close of that year.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; baggage, etc., 1 ; freight,
23— total, 25.

Operations. — Not reported ; road yet in contractor's hands.

Financial Statement.— Capital stock (par, $100) authorized, $300,000 ; paid in, $231,200.
Funded debt outstanding consists of $300,000 1st mortgage 6 per cent. 20-year gold bonds, due
August 1, 1910 ; interest payable February and August at the Park National Bank, New

496 POOR'S MANUAL OF RAILROADS.

York City ; authorized at the rate of $10,000 per mile. Trustee of bonds, St. Paul Title, In-
surance and Trust Co.

Annual meeting-, second Tuesday in January.

Directors.— W. A. Scott, Merrill, Wis.; Frank J. Woods, Grand Rapids, Wis.; J. G.
Jackson, Centralia, W^.; Thomas B. Scott, St. Paul, Minn.; A. A. Hopkins, Wis.

W. A. SCOTT president Merrill, Wis.

Thomas B. Scott, Secretary and Treasurer St. Paul, Minn.

PRINCIPAL OFFICE AND ADDRESS Centralia, Win.

PORT JERVIS, MONTICELLO AND NEW YORK RR. CO.

Main Line of Road.— Port Jervis, N. Y., to Monticello, N. Y 23.75

Summitville Branch : Huguenot Junction, N. Y., to Summitville, N. Y. . .17.30 — 41.05 miles.
Sidings, etc., 1.5 miles. Gauge, 4 ft. 8J- in. Rail (steel), 25.10 miles), 56 Ibs.

History. — Organized November 17, 1886, and purchased the road and rolling stock of
the old Port Jervis and Monticello" RR. Co. Summitville Branch opened April 1, 1889.

Rolling Stock, June 30, 1891.— Locomotive engines (owned, 2 ; leased, 1), 3. Cars — pas-
senger (owned, 3; leased, 2), 5; freight (box, 5; platform, 10), 15; caboose, 1 ; service, 9 —
total cars, 2,7.

Operations for year ending June 30, 1891. — Train mileage — passenger, 33,500; freight,
29,440 — total, 62,440 miles. Passengers carried, 44,570 ; carried one mile, 1,209,451 ; average
mile rate, 1.56 cents. Tons freight moved, 39,658 ; moved one mile, 634,081 ; average ton-
mile rate, 4.29 cents. Earnings— passenger, $18,901.66; freight, $27,183.05; mail, $1,841.60 :
express, $3,070.83— total, $50,997.14. Operating expenses— transportation, $19,735.62 ; motive
power and cars, $2,026.. 98; maintenance of way, $12,988.95 ; general, $7,674.23— total, $42,-
425.78. Net earnings, $8,571.36. Charges against income: Interest on bonds, $21,840;
on current liabilities, $3,197.66 ; taxes, $3,687.93— total, $28,725.59. Deficit for year, $20,-
154.23. Deficit forward, $44,150.38— total deficit as per general balance sheet, $64,304.61.

General Balance Sheet, June 30, 1891.

Cost of Road and Equipment . .$811,892 68

Other Property and Assets 3,071 03

Profit and Loss 64,304 61

Total Assets $879,26832

Capital Stock (par, $100) $409,100 00

Funded Debt Outstanding 364,000 00

Bills Payable 106,168 32

Total Liabilities $879,268 32

The funded debt consists of 1st mortgage 6 per cent. 40-year $1,000 gold coupon bonds,
due December 1, 1927, interest payable June 1 and December 1, authorized issue not to
exceed $500,000, at rate of $10,000 per mile of constructed road.

Annual meeting, first Tuesday in September, at Port Jervis, N. Y. Trustee of bonds,
Central Trust Co. of New York City.

Directors (elected September 2, 1891).— Wade Buckley, Peter E. Farnum, 0. P. Howell,
Francis Marvin, Sol. Van Etten, C. E. Cuddeback, W. H. Nearpass. Port Jervis, N. Y. ; C.
V. R. Ludington, Monticello, N. Y. ; C. G. Bennett, Wurtsboro', N. Y.; W. B. Boyce, Middle-
town, N. Y. ; William Norris, Goddeffroys, N. Y.; A. J. Hardenbergh, Brooklyn, N. Y.

PETER E. FAIINUM, President Port Jervis, N. Y.

Wade Buckley, V ice-President

Treasurer—®. P. Howell Port Jen-id, N. Y. | Auditor— George M. Well? Port Jervis, N. Y.

PRINCIPAL *OFFICE AND ADDKESS Port Jervis, N. Y.

PORTLAND AND ROCHESTER RAILROAD.

Line of Road.— Portland, Me., to Rochester, N. H 52.5 miles.

Sidings, etc., 15.53 miles. Gauge, 4 ft. 84- in. Rail (steel, 54.64 miles), 56 and 60 Ibs.

History. — Organized March 8, 1881, and purchased the York and Cumberland RR. at

POOR'S MANUAL OF RAILROADS. 497

foreclosure sale, taking possession of it on May 1, 1881. (See MANUAL for 1890.) The exten-
sion in Portland was completed during the year.

Rolling Stock, June 30, 1891. — Locomotive engine?, 10. Car,s — passenger, 10; baggage,
€tc., 8 ; freight (box, 91 ; platform, 133 ; coal, 20), 244 ; caboose, 4 ; other cars, 35— total, 301.

Operations for year ending June 30, 1891.— Train mileage— passenger, 125,207 ; freight,
74,376 ; other, 58,824 — total, 258,407 miles. Passengers carried, 340,807 ; carried one mile,
3,567,600; average mile rate, 2.79 cents. Tons freight moved, 181,550; moved one mile,
6,354,804 ; average ton-mile rate, 2.12 cents.
Earnings.— Passenger $97,437 80

Freight 134,752 63

Mail 7,257 32

Express 2,82609

Miscellaneous . . 92 89

Total ($4,616.51 per mile) $242,366 73

Expenses.— Transportation $32,620 70

Motive Power 56,36320

Maintenance of Cars' 22,943 96

Maintenance Way <fc Buildings. . 57,655 03
General . . . 22,195 90

Total ( $3,652.93 per mile) $191,778 79

Net earnings (20.87 per cent.), $50,587.94. Add rents, etc., $1,564.84— total available
revenue, $52,152.78. Paid interest on debt, $70.98; dividends (No. V, 3 per cent., January
15; No. 16, 3 per cent., July 15), $35,524.22 ; taxes, $3,103.22; improvements, $6,02983—
total, $44,728.25. Surplus, $7,424.53 ; surplus forward, $104,490.11— total, $111,914.64.

Statement of gross and net earnings for nine fiscal years :

1883 1884 1885 1886 1887 1888 1889 1890 1891

Gross Earnings.... $197,940 $183,809 $181.900 §190,377 $19H,375.69 $204,048.05 $204,290.97 g219,586.16 $242,366.73
Net Earning* 20,474 25,230 25,273 41,468 42,400.54 40,475.18 35,818.46 57,203.40 50,587.94

Financial Statement, June 30, 1891.— Capital stock (authorized, $600,000 ; par, $100),
$591,800; stock scrip, $270.45 ; bills payable, $41,000; profit and loss, $111,914.64— total
$744.985.09. Contra : Cost of road and equipment. $592,070.45 ; real estate, $59,375.72 ; cash,
$1,082.98 ; materials and fuel, $19,230.26 ; current accounts, $284.84 ; bills receivable, $250<|
P. & R. Ry. extension advances, $72,690.84— total, $744,985.09

There still remains $914.04 of new stock to be exchanged, as follows : For $400 seven
percent, bonds, $200; for $112 seven per cent, coupons, $40.42: for 332 shares of stock,
$664 ; for $481.16 stock scrip, $9.62. This will make a total of $592,984.49, leaving a surplus
after the payment of all stock, bonds, and debt of $7,015.51. (See MANUAL for 1881.)

Annual meeting, first Wednesday in December, at Portland, Me. Dividends payable
January 15 and July 15, at Portland, Me. ; books close fifteen days previously.

Directors (elected December 2, 1891). — George P. Wescott, Nathan Webb. Wm. L. Put-
nam, Charles McCarthy, Jr., William G. Davis, Portland, Me.; Stephen J. Young, Bruns-
wick, Me.; Joseph S. Ricker, Deering, Me.; Arthur Sewall, Bath, Me.; James T. Furber,
Lawrence, Mass.

GEORGE P. WESCOTT, President Portland, Me.

Treasurer and Secretary— W. H. Conant, Portland, Me. I Sup. and Purch. Agent— 3. W. Peters Portland, Me.

PRINCIPAL OFFICE AND ADDRESS Portland, Me.

PORTLAND AND VANCOUVER RAILWAY COMPANY.

Line of Road. — East Portland, Oregon, to Columbia River 6.6 miles.

Gauge, 3 ft. Rail (steel, 3.6 miles), 40 and 50 Ibs.

History.— Incorporated April 30, 1888 ; road opened October 1, 1888.

Rolling1 Stock. — Locomotive engines, 3. Cars — passenger, 6 ; baggage, etc., 1 ; freight
(box, 1 ; platform, 10), 11 — total cars, 18.

Operations for year ending June 30, 1891. — Train mileage and traffic operations not
reported. Earnings— passenger, $49,539.05 ; freight, $11,434.34; mail, $174 ; express, $354.50;
other, $2,798.80— total, $64,300.69. Operating expenses— $43,327.22. Net earnings, $20,-
973.47.

Financial Statement, June 30, 1891.— Capital stock authorized, $200,000 ; subscribed,
$150,000 ; shares, $100 each.

Annual meeting, last Saturday in April, at Portland, Oregon.
32

498 POOR'S MANUAL OF RAILROADS.

Directors. — Frank Dekum, D. P. Thompson, George H. Durham, R. L. Durham, J. B.
David, Cleveland Rockwell, H. C. Stratton, H. C. Wort man, C. C. Grimes, Portland, Oregon.

J. B. DAVID, President Portland, Oregon.

Secretary— George H. Durham Portland, Oregon. | Treasurer— R. L. Durham Portland, Oregon.

PRINCIPAL OFFICE AND ADDRESS Portland, Oregon.

PORTLAND AND WILLAMETTE VALLEY RAILWAY COMPANY.

Line of Road.— Portland, Ore., to Dundee, Ore 28.28 miles.

Sidings, 2.84 miles. Gauge, 3 st. Rail (steel), Ibs.

History. — Chartered January 19, 1885, and road opened January 1, 1887. Receiver ap-
pointed iu February, 1892.

Rolling- Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 6 ; combina-
tion, 1 ; freight (box, 3 ; flat, 73), 76— total cars, 83.

Operations for year ending June 30, 1891. — Train mileage — passenger, 12,751 ; freight,
4,731 ; mixed, 63,947— total, 81,429 miles. Passengers carried, 166,223 ; carried one mile,
1,283,825. Tons freight moved, 91,187 ; moved one mile, 1,454,708. Earnings — passenger,
$32,381.63; freight, $64,505.36; mail, $1,822.89; express, $194,39; other, $931.47— total,
$99,979.79. Operating expenses, $76,520.43. Net earnings, $23,459.36. Deduction from
income, $52,623.25. Deficit for year, $29,163.89.

Financial Statement, June 30, 1891.— Capital stock (par, $20; authorized, $150,000)
issued and outstanding, $144,240 ; funded debt (1st mortgage 7 per cent, bonds, dated 1885,
due 1906, interest payable January and July), $400,000 ; current liabilities, $442,578.73—
total, $986,818.73. Contra: Coast of road and equipment, $748,799.65; lands owned, $27,-
f97.67; materials and supplies, $1,404.34; profit and loss, $210,221.41— total, $986,818.73.

Interest on bonds payable at the office of the trustee, Farmers' Loan and Trust Co., New
York, N. Y. The company reserves the right to call in the bonds at 105.

Directors.— Charles F. Crocker, W. E. Brown, San Francisco, Cal. ; R. Koehler, John
McCracken, George H. Andrews, W. W. Bretherton, D. F. Sherman, Portland, Ore.

R. KOEHLER, Receiver, Vice-P resident, and Manager Portland, Ore.

CHARLES F. CROCKER, President San Francisco, Cal.

2d Vice-Pres.—D. F. Sherman Portland, Ore. | Sec. & Treas.— George H. Andrews Portland, Ore.

PRINCIPAL OFFICE AND ADDRESS Portland, Ore.

PORT ROYAL AND AUGUSTA RAILWAY COMPANY.

Line of Road.— Port Royal, S. C., to Augusta, Ga 112 miles.

Sidings, etc., 14.20 miles. Gauge, 4 ft. 9 in. Rail (steel, 92.72 miles), 50 to 63£ Ibs.

History.— Re-organization of the Port Royal RR. Co., whose road was sold under fore-
closure June 9, 1878. (See MANUAL for 1888, page 624.)

The Georgia RR. and Banking Company has a fifth interest in the stock, and the Central
RR. and Banking Co. of Georgia owns $900,000 income bonds and $50,000 stock, which, with
the Georgia RR. Co.'s interest gives the Central of Georgia control of this company.

Rolling Stock, June 30, 1890 (latest report). — Locomotive engines, 14. Cars — passenger,
9 ; baggage and mail, 3 ; freight, 119 ; other, 35 — total cars, 166.

Operations for year ending June 30, 1891. — Train mileage — passenger, 78,210 ; freight,
137,903 ; mixed, 39,857 ; other, 70,406— total, 326,376 miles. Passengers, statistics and
freight moved, not reported. Tons freight moved one mile, 16,485,567 ; average ton-mile
rate, 1.795 cents.

Earnings.— Passenger $66,250 25

Freight 288,373 52

Mail 6,446 28

Express 3,637 59

Expenses.— Transportation 8109,213

Motive Power and Cars 37,104 62

Maintenance Way and Buildings. 80,675 71
General and Taxes 63,778 48

Total ($3,256,20 per mile) $364,707 64 Total ($2,596.20 per mile) $290,771 81

POOR 8 MANUAL OF RAILROADS.

499

Net earnings (20.27 per cent.), $73,935.83. Paid interest on bonds, $21,720 ; sinking-
fund, |16,000— total, $37,720. Balance, surplus, $36,215.83.

General Balance Sheet, June 30, 1891.

Cost of Road, etc $2,500,000 00

Real Estate and Buildings 18,967 08

Sinking Fund 128,000 00

Railroad Expenses 320,771 81

Cash on Hand 65,095 26

Current Accounts... 40.73211

Common Stock Paid in $750.000 00

1st Mortgage Bonds 250,000 00

General Mortgage Income Bonds 1,500,000 00

2d Mortgage Bonds 112,00000

Earnings for Year as Above 358,868 43

Sundry Account? 35,840 11

Profit and Loss. . . 66.857 72

Total Assets $3,073,566 26 Total Liabilities $3,073,566 26

Statement of earnings and payments for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Gross Earnings
Operating Expenses
Net Earnings
Interest Paid

307,640

282.050
25,590
24000

297,174
256,346
40,828
25 497

309.174
273,934

3o.240
21 804

S
31K.304
273,407
42,897
21 720

335, 54S
267,260
58,288
21 720

S
295,799
252.295
43.504
21 720

329,519
289,168
40.351
21 720

364,708
290,772
73.936
21 720

Funded debt consisted, July 1, 1891, of the following issues :

1st mortgage 6 per cent, gold 20-year bonds, dated January 1, 1879, interest January and July $250,000

General mortgage income 6 p. c. gold 20-year bonds, dated January 1, 1879, interest January and July. ..1.500,000
2d mortgage 6 per cent. 16-year bonds, due 1888 112.000

The first mortgage bonds are provided with a sinking fund of $10,000 per annum, which
is regularly paid. The second mortgage bonds were issued to fund floating debt. The deed
securing the bonds requires that a yearly deposit of $6,000 be made with the Central RR.,
and Banking Co. of Georgia, that company agreeing to become responsible for the sinking
fund, and to account for it at maturity of the bonds, with interest at 5 per cent., compounded
annually. Interest on firsts and general mortgage bonds payable at the office of the Xew
York Security and Trust Co., New York; on seconds, at the office of the Central RR. and Bank-
ing Co. of Georgia. Trustee of 1st mortgage bonds, Union Trust Co., New York.

Directors.— D. F. Appleton, W. G. Raoul, New York, N. Y. ; D. C. Wilson, Wm.
Elliott, Beaufort, S. C. ; Jno. W. Green, C. H. Phinizy, Jos. B. Camming, W. F. Alex-
ander, T. P. Branch, Augusta, Ga.

E. P. ALEXANDER, President Savannah, Ga.

Secretary— Ed. Workman Savannah, Ga. \ Treasurer— Edward Mclntyre Savannah, Ga.

PRINCIPAL OFFICE AND ADDRESS Savannah, Ga.

PORT ROYAL AND WESTERN CAROLINA RAILWAY COMPANY.

Main Line of Road. — Augusta, Ga., to Spartanburg, S. C 133.4 miles.

Greenville and Laurens Branch : Laurens to Greenville 36.5

Savannah Valley Branch : McCormick to Anderson 58.7 — 228.6 miles

Sidings, 11.85 miles. Gauge, 4 ft. 9 in. Rail (179.6 miles), 48 and 56 Ibs.

History. — Consolidation, October 27, 1886, of the Augusta and Knoxville, the Green-
wood, Laurens and Spartanburg, the Greenville and Laurens, and the Savannah Valley RR.
Cos. (See MANUAL for 1888, page 625.)

Rolling Stock, June 30, 1890 (latest report).— Locomotive engines, 11. Cars— passenger,
8 ; baggage, 2 ; freight (box, 93 ; flat, 36), 129 ; caboose, 2— total cars, 141.

Operations for year ending June 30, 1891.— Train mileage— passenger, 195,715 ; freight,
198,448 ; mixed, 41,253 ; other, 25,509— total, 460,925 miles. Passenger statistics and
freight moved not reported. Tons freight moved one mile, 8,215,233 ; average ton-mile rate,
3.265 cents.

500

POOK 8 MANUAL OF RAILROADS.

Earnings.— Passenger $121,937 39

Freight 289,96068

Mail 12,055 56

Express 4,482 72

Expenses.— Transportation $169,494 87

Motive Power and Cars 46,204 69

Maintenance Way & Buildings . 133,916 67
General Taxes, etc 71,655 35

Total ($1,870.86 per mile) $428,426.35 Total ($1,839.61 per mile) $421,271 58

Net earnings (1.66 per cent.), $7,154.77. Payments not reported.

General Balance Sheet, June 30, 1891.

Cost of Road and Appurtenances $3,898,000 00

Expenditures 421,271 62

Due by Agents 7,802 36

Due by P. O. Department 3,021 37

Interest Account 231,13000

Current Accounts 5,597 73

^Common Stock $1*234,000 00

Preferred Stock 184,000 00

Funded Debt

Earnings

Bills Payable

Current Accounts, etc

Profit and Loss...

Total Assets $4,566,823 08

2,500,00000

428,426 35

91,10000

37,286 76

92,009 97

Total Liabilities $4,5*56,883 08

Funded debt consisted June 30, 1891, of $630,000 Augusta and Knoxville RR. 1st mort-
gage 7 per cent. 20-year $500 coupon or registered bonds, due July 1, 1900, interest payable
January and July, at the office of Kessler & Co., 54 Wall Street, New York ; and $1,870,000
($2,500,000 authorized) consolidated mortgage 6 per cent. 50-year $1,000 coupon or registered
bonds, due May 1, 1937, interest payable May and November, at the Mercantile National
Bank, New York. On the organization of the company it was provided that of the $2,500,000
consols to be issued, $1,460,000 should be issued in exchange for the bonds of the old com-
panies, $83,400 as a bonus to Augusta and Knoxville stockholders, $630,000 reserved for
retirement of Augusta and Knoxville bonds, and the balance, $326,600, reserved to meet
interest charges. All but $20,000 of the bonds reserved for interest had been exhausted at
the close of the fiscal year, 1888-89. The stock of the Augusta and Knoxville was paid off
at its value and retired, the stockholders receiving a bonus of $83,400 in consolidated mort-
gage bonds as before stated ; and the stocks of the other consolidating companies were
exchanged dollar for dollar for common stock of the new company. The amount of preferred
stock outstanding was issued to pay past due interest on old bonds and floating debt. Cap-
ital stock authorized— common, $4,000,000 ; preferred, $2,000,000.

Directors (elected July 1, 1890).— B. P. Alexander, Savannah, Ga. ; W. L. Mauldin, John
Ferguson, Greens ville, S. C.; E. F. Verdery, J. H. Alexander, E. R. Schneider, J. B. Gumming,
Augusta, Ga.; T. J. Moore, Spartanburg, S. C. ; John C. Calhoun, New York, N. Y. ; J. A.
Barksdale, W. L. Gray, J. J. Pluss, Laurens, S. C.; W. W. Humphreys, Anderson, S. C.

E. P. ALEXANDER, President Savannah, Ga.

Secretary— Ed. Workman Savannah, Ga. | Treasurer— Edward Mclntyre Savannah, Ga.

PRINCIPAL OFFICE AND ADDRESS Augusta, Ga.

Transfer Office Savannah, Ga.

POTOMAC, FREDERISCKSBTJRG AND PIEDMONT RAILROAD COMPANY.

Line of Road. — Fredericksburg, Ya., to Orange Court House, Va 38 miles.

Sidings, etc., 2 miles. Gauge, 3 ft. Rail, steel (0.33 miles), 40 ; iron, 30 to 64 Ibs.

History. — Occupies the line of the old Fredericksburg and Gordonsville RR. (standard
gauge), which had completed about 17.5 miles. Road opened April 4, 1877 ; acquired by
present company May 13, 1878.

Rolling Stock, June 30, 1891. — Locomotive engines (owned, 2 ; leased, 1), 3. Cars —
passenger, 3 ; freight (box, 6 ; stock, 2 ; flat, 28), 36— total, 39.

Operations for year ending June 30, 1891. — Train mileage — passenger, 16 ; freight, 760 ;
mixed, 25,4?0 ; other, 4,317 — total, 30,513 miles. Passengers carried, 9,346 ; carried one
mile, 181,076 ; average mile-rate, 3.227 cents. Tons freight moved, 18,952 ; moved one mile,
433,191 ; average ton-mile rate, 4.37 cents. Earnings — passenger, $5,844.30 ; freight, $18,-
930.81 ; mail, $1,755.24— total, $26,530.35, Expenses— transportation, $7,527.07 ; motive.

POOR'S MANUAL OF RAILROADS. 501

power and earn, $1,254 ; maintenance of way, etc.. $8,078.21 ; general, $4,915.99— total, $21,-
770.27. Net earnings, $4,760.08. Payments: Interest on bonds. $10,782.66 ; taxes, $1,174 ;
permanent improvements, $934.50 — total, $12,891.16. Balance, deficit, $8,131.08.

Financial Statement, June 80, 1891.— Capital stock (par, $100), $460,000 : funded debt,
$169.000; interest (land damages, $7,250.79 ; judgments, $8,801.75), $16,052.54; current
liabilities, $38,141.82 ; accrued interest, $1.095 ; profit and loss, $303,755.44— total, $989,-
357.30. Contra : Cost of road, $956,425.83 ; rolling stock, $81,750.30 ; real estate and build-
ings, $200 ; materials and supplies, $981.17— total, $989,357.30.

Funded debt consists of 1st mortgage 6 per cent. 15-year $100 and $500 bonds, due April
15, 1893, interest payable April and October, $58,000 ; 2d mortgage 6 per cent. 30-year $500
and $1,000 bonds, due June 10, 1908, interest June and December (authorized, $250,000),
$111,000. Bonds are coupon ; interest payable at Fredericksburg, Va. Trustee, John L.
Marye, Fredericksburg, Va. Annual meeting, first Tuesday in May. Voting power attaches
to stock after 30 days' ownership.

Directors (elected May 6, 1890).— L. Harry Richards, C. H. Mason, Philadelphia, Pa.,
W. H. Richards, J. D. Murdaugh, Fredericksburg, Va. ; Robert L. Hayes. West Chester, Pa.

L. HARRY RICHARDS, President Fredericksburg, Va.

Acting Sfcretanj—S. G. Daniel .. Fredericksbnrg, Va. i Treat. <&Gen. 3fan.—W. H. 'Richards. Fredericksburg, Va.

PRINCIPAL OFFICE AND ADDRESS Fredericksburg, Va.

POTJGHKEEPSIE BRIDGE COMPANY.

History. — Chartered in 1871 to build a railroad bridge across the Hudson River at Pough-
keepsie. Work was begun soon after, but was stopped about 1873 and resumed in 1878.
Reorganized in August, 1886, and bridge completed in December, 1888. The approaches
include 3,000 feet of viaduct and over one mile of steel railway on the east, and 1,100 feet
of viaduct and 2 miles of steel railway on the west ; the whole length of bridge, viaduct,
and approaches being about 3.5 miles. Operated by the CentralNew England and Western
RR. Co., and forms a link in a through line from Campbell Hall, X. Y., to Hartford, Conn.

Companies have built railroads connecting the bridge with the Xew York. Ontario and
Western Ry., the Lehigh and Hudson River Ry., and the Pennsylvania, Poughkeepsie, and
Boston RR. on the west, and with the New Haven and Northampton, the Boston and Maine,
and the New York and New England RRs. on the east. On March 4, 1887, parties in the
interest of those companies purchased a controlling interest in the Hartford and Connecticut
Western RR. In February, 1892, a receiver was appointed in the interest of the Philadelphia
and Reading RR. Co.

Financial Statement.— Capital stock (par, $100), $5,000,000 ; funded debt, 1st mortgage
6 per cent. 50-year $1,000 gold bonds, due August 1, 1936, interest payable February and
August. $5,000,000 — total stock and bonds authorized, $10,000,000. The bonds are coupon,
with privilege of registration, and the entire authorized issue is outstanding. Trustee, Mer-
cantile Trust Co., New York. Of tbe capital stock, $4,250,000 is held by the Delaware and
New England RR. Co., which company also owns the entire stock of the Central New Eng-
land and Western.

In January, 1892, the Philadelphia and Reading RR. Co. purchased from the Delaware
and New England Co., nearly all of the stock of this company and all of the Central New
England and Western stock. It is proposed to consolidate this company and the Central
New England Co., and to place a blanket mortgage for $6,250,000 upon the entire property.
The bonds will bear 4 per cent, for four years and 5 per cent, thereafter, will be guaranteed
by the Reading, and will be additionally secured by traffic contracts with the Boston and
Maine and the New York New and England RRs. There will also be two series of income
bonds. Bridge Co. 1st mortgage bonds will be exchanged for 75 per cent, in new mortgage
bonds and 37 per cent, in Series B incomes; Central New England firsts get par in new firsts;
and Central New England general mortgages get par in Series A incomes.

502 POOR'S MANUAL OF RAILROADS.

Directors.— John S. Wilson, New York, N. Y. ; Henry C. Gibson, W. W. Gibbs, Charle-
magne Tower, Jr., Charles Henry Hart, George A. Fletcher, Joseph F. Sinnott, John W.
Brock, Philadelphia, Pa.; Henry McCormick, Harrisburg, Pa.; Arthur Brock, Lebanon, Pa.;
Jno. I. Platt, Poughkeepsie, N. Y.; J. H. Appleton, Springfield, Mass.; Henry O. Seixas,
New Orleans, La.

J. K. 0. SHETIWOOD, Receiver Philadelphia, Pa.

JOHN S. WILSON, President New York, N. Y.

Treasurer— W. R. Carlile New York, N. Y. | Secretary— E. F. Kesser Poughkeepsie, N. Y.

PRINCIPAL OFFICE AND ADDRESS Poughkeepsie, N. Y.

New York Office Boreel Building, New York, N. Y.

PRAIRIE DTI CHIEN AND McGREGOR RAILWAY COMPANY.

Line of Road.— Prairie du Chien, Wis., to North McGregor, la 2 miles.

2d track, 0.5 mile. Gauge, 4 ft. 8J in. Rail, 56 Ibs.

History. — Organized 1873. This work consists of a railroad bridge over the Mississippi
River with two pontoon draws. It was completed April 15, 1874, and forms the connection
between the Wisconsin and Iowa Divisions of the Chicago, Milwaukee ai d St. Paul Railway.

Operations for year 'ending June 30, 1889.— Gross earnings, $57,652.30. Expenses-
maintenance of bridge, $40,416.31 ; transportation, $16,988.81 ; general and taxes, $16,120.-
59— total, $88,525.71. Deficit from operations, $15,873.41.

Financial Statement, June 30, 1889. — Capital stock, representing cost, $100,000.

Directors.— John Lawler, John D. Lawler, Thomas C. Lawler, James Lawler, D. W.
Lawler, Prairie du Chien, Wis.

JOHN LAWLEK, President Prairie du Chien, Wis.

Vice- President— John D. Lawler.Prairie du Chien, Wis. | Sec. & Treas.— Thomas C. Lawler.Prairiedu Chien,Wis.

PRINCIPAL OFFICE AND ADDRESS . . . . Prairie du Chien, Wis.

PROFILE AND FRANCONIA NOTCH RAILROAD COMPANY.

Main Line of Road.— Bethlehem June, to Profile House, N. H 10.00

Bethlehem Division : Bethlehem Junction to Bethlehem Village 3.50 — 13.50 miles.

Sidings, etc., 0.5 mile. Gauge, 3 ft. i in. Rail (steel), 35 and 40 Ibs.

History. — Chartered July 11, 1878 ; main line completed June 25, 1879 ; opened July 1,
1879. The Bethlehem Division was opened July 1, 1881.

Rolling Stock. — Locomotive engines, 3. Cars — passenger, 4; combination, etc., 3;
freight, 6— total cars, 13.

Operations for year ending October 31, 1891. — Earnings — passenger, $18,474.05; freight,
$779.69 ; other, $845.57— total, $20,099.31. Operating expenses, $12,099.31. Net earnings,
$8,000, which was paid in dividends at the rate of 4 per cent.

Financial Statement, November 1, 1889.— Capital stock, $200,000. Contra : Construc-
tion, $191,071.99; equipment, $24,945.03; cost of construction and equipment, $216,017.02.

Dividends paid since organization : In 1879, 4 per cent.; in 1880, 8 per cent.; in 1881 and
1882, 7 per cent, each ; in 1883, 6 per cent. ; in 1884, 1885, 1886, 1887, and 1888, 4 per cent,
each ; in 1889, 5 per cent.; in 1890, 4 per cent.; and in 1891, 4 per cent.

Directors (elected October, 1889).— Walter Aiken, Franklin Falls, N. H. ; B. A. Kimball,
William F. Thayer, John P. George, Benj. C. White, John H. Pearson, Concord, N. H.;
Walter M. Parker, Manchester, N. H.; Charles A. Busiel, Laconia, N. H.; David A. Gregg,
Nashua, N. H.

B. A. KIMBALL, President Concord, N. H.

Treasurer— John F. Webster Concord, N. H. | Clerk— John P. George Concord, N. II.

PRINCIPAL OFFICE AND ADDRESS Concord, N. H.

POOR'S MANUAL OF RAILROADS. 503

PROSPECT PARK AND CONEY ISLAND RAILROAD COMPANY.

Line of Road.— Ninth Ave. and Twentieth St., Brooklyn, to West Brighton. 5. 87 miles.
Branch : June. B. B. & W. E. RR. to 5th Ave., bet. 36th and 37th Sts 0.36 mile.

!JV. Y. & Coney Island RR.: West Brighton to Coney Island Point 2.41 miles.
P. P. tfc So. Brooklyn RR.: Kensington June, to Ci'ty Line 1 .15 miles.
B. B. & W. E. RR.: Brooklyn City -Line to Union Depot 0.22 mile.

Trackage : Long Island RR.: Parkville to Bay Ridge 3.50 miles.

Total length of lines operated June 30, 1891 13.51 miles.

2d track (owned, 5.33 m.; leased, 0.36 m.), 5.69 m.; sidings (owned, 7.07 ; leased, 0.33), 7.40
m. Gauge, 4 ft. 8£ in. Rail (steel, owned, 15.77 m.; leased, 5.53 m.— total 21.1 m.), 50 Ibs.

History. — Consolidation (October 9, 1874) of Park Avenue (horse) and Greenwood and
Coney Island (steam) RR. Companies. The horse car line was sold May 27, 1887, to the
Atlantic Avenue RR. Co. (See MANUAL for 1890.)

Rolling Stock, June 30, 1891. — Locomotive engines, 11. Cars— passenger, 56 ; baggage,
etc., 1 ; freight (box, 1 ; flat gondolas, 19 ; caboose, 4-wh., 1), 21 ; other, 2 — total cars, 80.

Operations for year ending June 30, 1891. — Train mileage — passenger, 203,273; freight,
4,188 ; other, 9,509— total, 216,970 miles. Passengers carried, 1,258,580. Tons freight moved,
6,067. Earnings— passenger, $151,886.04; freight, $6,380.69— total, $158,266.73. Operat-
ing expenses — transportation, $70,027.28 ; equipment, $10,730.05 ; maintenance of ^ay, etc.,
$11,844.80 ; general, $31,644.85— total, 124,246.98. Net earnings (21.49 per cent.), $34,019.-
75. Add interest, $21,000 ; rentals, etc., $17,844.18— Total available revenue, $72,863.93.
Payments: Interest on bonds, $62,524.25 ; on debt, $7,945.06 ; rentals, $13,000; taxes, $2,-
522.75— total, $85,992.06. Balance, deficit, $13,128.13 ; deficit frdm last year, $77,343.85—
total deficit as per general balance sheet, $90,471.98.

General Balance Sheet, June 30, 1891.

Cost of Road $991,818 86

Cost of Boiling Stock 129,32756

Stocks and Bonds Owned 420,000 00

Materials and Fuel on Hand. 1,460 57

Common Stock (par, $100) $250,000 00

Income Bonds 250,000 00

Mortgage Bonds 1,016,000 00

Bills Payable and Loans . . . 123,976 00

Bills Receivable 19,608 51 j Current Accounts 4,319

Current Accounts 5,316 64

Cash on Hand 16,561 65

Profit and Loss 90,471 98

Total Assets $1,674,565 77

Bond Interest Accrued 30,270 00

Total Liabilities $1,674,565 77

Funded debt outstanding, June 30, 1891, consisted of 1st mortgage (convertible) 7 per
cent, 20-year coupon $1,000 bonds, due October 1, 1894, interest January and July, $500,000;
1st mortgage, second issue, 6 per cent. 40-year coupon $1,000 bonds, due February 1, 1926,
interest February and August ($500,000 authorized), $420,000 ; 1st mortgage, third issue, 6
per cent. 40-year $1,000 coupon bonds, due March 1, 1931, interest payable March and Sep-
tember ($200,000 authorized), $96,000 ; income 6 ner cent. 40-year $50, $100, $500, and $1,000
bonds, due May 1, 1920, interest (if earned) May and November, $250,000. The item,
"stocks and bonds owned, $420,000," in above balance sheet, consists of bonds and mort-
gages of the Atlantic Avenue (street) RR. Co., Brooklyn, held by this company, in accordance
with contract for purchase of street RR. in Brooklyn.

Annual meeting, third Monday in September, at the company's office in Brooklyn, N. Y.
Trustee of bonds, Mercantile Trust Co., Jsew York, N. Y. Voting power attaches to stock
after 30 days' ownership. Interest payable at the company's office. Registrar of stock and
transfer agent, Allan C. Washington, Treasurer.

. NEW YORK AND CONEY ISLAND RAILROAD.— West Brighton Beach to Coney Island
Point. 2.41 miles ; total track (steel, 2.41 miles), 3,38 miles. Rail, 50 Ibs. Chartered February 5, 1879 ; road
opened June 9, 1879; leased for 95 years, July 1, 1879, to P. P. & C. I. RR. Locomotive engines, 2. Cars, 14.
Rental, 10 per cent, on stock. Capital stock, $100,000 ; profit and loss, $983.89— total. $100.983.89. Cost of road
and equipment, $100,019.02 ; loan to P. P. & C. I. RR. Co., $964.87. ANDREW R. CULVER, President ; Allan C.
Washington, Treasurer ; L. Stacey, Secretary. CORPORATE OFFICE, Brooklyn, N. Y.

504

POORS MANUAL OF RAILROADS.

Board of Directors, P. P. & C. I. RR. Co., elected September 15, 1890.

Andrew R. Culver. .Brooklyn, N. Y. I A. C. Washington. New York, N. Y. I Sidney Webster. . .New York. Y. Y.

Fraley C. Niebuhr.. " " | Austin Corbin " " | Lysander Stacey Brooklyn. N. Y.

Theodore B. Moore New York, N. Y.

ANDREW R. CULVER, President and Purchasing Agent Brooklyn, N. Y.

T.& G. Tkt.Agl.—M\&n C. Washington. Brooklyn, N. Y.
Secretary— Hiram A. Faron " " .

Cashier— Lysander Stacey Brooklyn, N. Y.

Auditor— Albert B. Bierck. . .

PRINCIPAL AND TRANSFER OFFICES 4 and 5 Court Square, Brooklyn, N. Y.

PROVIDENCE, WARREN AND BRISTOL RAILROAD COMPANY.

Main Line of Road.— East Providence, R. I., to Bristol, R. 1 13.60 miles.

Branches in Prov. : India St. to Fox Pt., 0.50m. ; E. Prov. to Moran are., 0.25m. 0.75 mile.
Trackage : Boston and Providence RR., East Providence to India Street 0.50 mile.

Total length of road operated 14.85 miles.

2d track, 7.77 ; sidings, 5.82 miles. Gauge, 4 ft. 8| in. Rail (steel, 24.04 m.), 69 and 70 Ibs.

History. — Chartered as the Providence and Bristol RR. Co., October, 1850 ; name
changed June, 1852. Road opened in July, 1855.

Rolling Stock, Jane 30, 1891. — Locomotive engines, 8. Cars— passenger, 20; baggage
etc., 4 ; freight (box, 28 ; platform, 4 ; coal, 29), 61 ; other cars, 2— total cars, 87.

Operations for year ending June 30, 1891. — Train mileage — passenger, 96,197 ; freight
10,375 ; other, 17,053— total, 123,625 miles. Passengers carried, 712,536; carried one mile
6,968,274; average mile rate, 1.73 cents. Tons freight moved, 56,146 ; moved one mile, 584, 328
average ton-mile rate. 6.19 cents.

Earnings.— Passenger $120,728 73

Freight 36,144 02

Mail "1,191 62

Express 2,10000

Expenses.— Transportation $41,853

Motive Power 36,453 33

Maintenance of Cars 15,795 69

Maintenance Way and Buildings 25,135 87
General... 11,10539

Total ($10,785.48 per mile) $160,164 37 Total ($8,777.35 per mile) $130,343 62

Net earnings (18.62 per cent.), $29,820.75. Add receipts from rents, $68 — total availabh
revenue, $29,888.75. Payments : Interest on debt, $861.81 ; dividends (6 per cent, on pre
ferred stock), $9,000— total, $9,861.81. Balance, surplus, $20,026.94; surplus from last year
$5,097 — total surplus as per general balance sheet, $25,123.94.

General Balance Sheet, June 30, 1891.

Cost of Road. $458,610 56

Cost of Rolling Stock 40,000 00

Current Accounts 5,113 97

Cash on Hand. . . 17,645 86

Total Assets $521,370

Common Stock Paid in (par, $100)

Preferred Stock Paid in (par, $100)

Bills Payable

Current Accounts . . ,

.$287,300 00
150,000 00
30,000 00
28,946 45
Profit and Loss 25,12394

Total Liabilities $521,370 39

Annual meeting, last Monday in November, at Providence, R. I. ; books close one day
previously. Preferred stock is guaranteed 6 per cent, dividends, after payment of which
all other surplus earnings are divided equally between both classes. Dividends and interest
payable (February and August 1) at Boston, Mass.

Directors (elected November 24, 1890).— William Goddard, Royal C. Taft, Providence,
R. I. ; Charles F. Choate, Southboro', Mass. ; F. L. Ames, North Easton, Mass. ; James R
Kendrick, Boston, Mass.; James C. Church, Bristol, R. I.

CHARLES F. CHOATE, President Boston, Mass.

General Manager— James R. Kendrick. . .Boston, Mass. [ Treasurer— John M. Washburn Boston, Mass

Secretary — George L. Greene Providence, R. I.

PRINCIPAL OFFICE AND ADDRESS. . Boston, Mass.

POOR'S MANUAL OF RAILROADS. 505

QUINCY, OMAHA AND KANSAS CITY RAILWAY COMPANY.

Line of Road.— West Quincy, Mo., to Trenton, Mo 134.51 miles.

Trackage : H. St. J. & (7., B. &Q. RRs.: West Quincy, Mo., to Quincy, 111. ... 3.02 miles.

Total length of lines operated June 30, 189 1 137.53 miles.

Sidings, 8.81 miles. Gauge, 4 ft. 8± in. Rail, 56 and 60 Ibs.

History. — Successor to the Quiucy, Missouri and Pacific RR. Co. (See MANUAL for 1890.)

Rolling Stock, June 30, 1891.— Locomotive engines, 9. Cars — passenger. 3; baggage,
mail, and express, 2 ; freight (box, 40 ; platform, 20 ; stock, 44 ; coal, 29 ; caboose, 5), 138
— total cars, 143.' In addition to the foregoing the company owns 1 steam excavator, 1 ballast
unloader, 51 dump-car boxes, 1 tool car, and 1 pile driver.

Operations for year ending June 30, 1891. — Train mileage, passenger and freight statis-
tics not reported.
Earnings.— Passenger $67,846 73

Freight 195,60090

Mail and Express 15,72932

Miscellaneous ... 508 95

Total ($2,033.63 per mile) $279,685 90

Expenses.— Transportation $81,350 67

Maintenance of Equip ment 9,906 48

Maintenance Way & Buildings. 48,157 21

General. . . 43,765 73

Total ($1,331.92 per mile) $188,180 04

Net earnings (34.55 per cent.), $96,505.86. Payments : Interest on bonds, $15,934.27 ;
taxes, $13,487.52— total, $29,421.79. Balance, surplus, $67,084.07. Surplus forward, $49,-
165.70— total, $116,249.77.

Financial Statement, June 30, 1891.— Capital stock /par, $100), $2,000,000 ; 1st mort-
5 per cent, bonds, .$1.500,000 ; preferred 1st mortgage 5 per cent, bonds, $250,000;
bills payable, $6,566.91 ; current accounts, $36,247.82 ; other liabilities, $397.86; income ac-
count, $116,249.77— total, $3,909,462.36. Contra : Cost of road and equipment, $3,495,890.27;
stocks, bonds, and scrip on hand, $387,520 ; material and fuel on hand, $158.15 ; current
accounts, $24,350.56 ; cash, $1,543.38— total, $3,909,462.36.

Bonds are for $500 and $1,000 each, and run 30 years, maturing December 1, 1917. Inter-
est payable June and December, at office of John Paton & Co., New York, N. Y. Trustees,
John Paton and Edwin Parsons, New York. Default was made on December, 1891, coupons.
Annual meeting, first Wednesday in May.

Directors.— Charles H. Bull, Amos Green, H. F. J. Ricker, Jas. D. Morgan, Quincy, 111.;
John Paton, Edwin Parsons, New York, X. Y.; W. W. Jacobs, Hartford, Ct.

CHAKLES H. BULL, President Quincy, 111.

Amos Green, Vice- President and General Manager Quincy, 111.

Secretary— C. H. Spencer Quincy, 111. | Treasurer— E . J. Parker Quincy, 111.

Auflitor—Johu H. Savin Quincy, 111.

PRINCIPAL OFFICE AND ADDRESS Quincy, III.

Transfer Agency John Paton & Co., 52 William St., New York, N. Y.

RALEIGH AND AUGUSTA AIR-LINE RAILROAD COMPANY.

Main Line of Road.— Raleigh, X. C., to Gibson, N. C 107.27

)perated : Pittsboro' RR. : Moncure, X. C., to Pittsboro', N. C 12.00—119.27 miles.

Sidings, 10.46 miles. Gauge, 4 ft. 9 in. Rail (steel, 97.75 miles), 50 and 60 Ibs.

History.— Chartered as Chatham RR. Co. February 15, 1861. Main line completed Sep-
ember 13, 1877 ; Gibson Extension in 1884. The lease of the Carthage RR. was transferred
o W. C. Petty, Manly, N. C., on June 14, 1890. Controlled by the Raleigh and Gaston
i.R. Co., which owns most of the stock and bonds.

Rolling Stock.— Locomotive engines, 2. Car^ — passenger, 1 ; freight (box, 39 ; plat-
!orm, 56), 95 ; caboose, 5— total cars, 101.

Operations for year ending June 30, 1891.— Train mileage— passenger, 64,744 ; freight,

506 POOR'S MANUAL OF RAILROADS.

1953,706 ; mixed, 45,407 ; other, 33,307— total, 336,164 miles. Passengers carried, 56,986 ;
carried one mile, 1,853,869 ; average mile rate, 2.76 cents. Tons freight moved, 260,466 ;
moved one mile, 18,922,747 ; average ton-mile rate, 1.32 cents. Earnings— passenger, $51,-
252.98; freight, $250,171.71 ; mail, $7,354.97; express, $2,100.12 ; other, $6,233.63— total,
$317,113.41. Expenses — transportation, $127,005.54 ; motive power, $5,674.41 ; maintenance
way, etc., $60,183.19 ; general, $25,235.47— total, $218,098.61. Net earnings, $99,014.80.
Add interest and dividends, $2,763.61 — total available revenue, $101,778.41. Payments :
Interest on bonds, $60,000 ; taxes, etc., $4,539.08— total, $64,539.08. Balance, surplus, $37,-
239.33 ; deficit from last year, $225,507.71— net deficit, $188,268.38.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $873,600 ; funded debt,
1st mortgage 6 per cent. 40-year coupon $1,000 bonds, due January, 1926, interest payable
January and July, $1,000,000; bills payable, $90,000 ; current accounts, $274,028.42— total,
$2,237,628.42. Contra : Cost of road, $'J,896,030.51 ; equipment, $44,116.82 ; other property
and assets, $34,984.09 ; bills receivable, $20,385.33 ; current accounts, $32,615.57 ; cash on
hand, $21,227.72 ; profit and loss, $188,268.38— total, $2,237,628.42.

Annual meeting, second Thursday in November, at Raleigh, N. C. Registrar of stock,
W. W. Vass, Secretary and Treasurer, Raleigh, N. C. Trustees of bonds, Chas. M. Robin-
son, C. C. Savage, and John W. Graham. Interest payable at National Farmers' and
Planters' Bank, Baltimore, Md., or at the Mechanics' National Bank, Philadelphia, Pa.

PITTSBOBO' RAILROAD.— Moncure, N. C., to Pittsboro1, N. C., 12 miles ; sidings, 1 mile. Char-
tered in 1886, and road built and opened in same year. Leased to the Raleigh and Augusta Air-Line RR. Co.»
which practically owns the road.

Board of Directors, Raleigh and Augusta Air-Line ER. Co., elected November 12, 1891.

W. J. Hawkins Raleigh, N. C.

R. S. Tucker ...

John M. Robinson. . .Baltimore, Md. Louis McLane Baltimore, Md

R. C. Hoffman.

Joseph B. Batchelor.. Raleigh, N. C.

W. W. Chamberlaine Norfolk, Va.

JOHN M. ROBINSON, President Baltimore, Md.

R. C. Hoffman, Vice-President Baltimore, Md.

Treasurer and Secretary— W. W. Vass. . Raleigh, N. C. | Auditor— 3. B. Martin Raleigh, N. C.

PKINCIPAL OFFICE AND ADDRESS Raleigh, N. C.

RALEIGH AND GASTON RAILROAD COMPANY.

Main Line of Road.— Raleigh, N. C., to Weldon, N. C 97

Operated : Louisburg RR. : Franklinton to Louisburg, N. C 10 — 107 miles.

Sidings, etc., 11.90 miles. Gauge, 4 ft. 9 in. Rail (steel, 97 miles), 50 and 60 Ibs.

History. — Chartered January 29, 1839 ; road opened from Raleigh to Gaston in 1844.
Reorganized in 1851, and road extended to Weldon in 1852. Company controls the Raleigh
and Augusta Air-Line and the Georgia, Carolina and Northern, and jointly guarantees the
bonds of the latter. Also controls the Carolina Central jointly with the Seaboard and Roanoke,
and has a large interest in the Durham and Northern RR.

Rolling Stock, June 30, 1891. — Locomotive engines, 33. Cars — passenger, 25; baggage,
etc., 6 ; freight (box, 294 ; platform, 405), 699 ; caboose, 21 ; other, 1 — total, 752.

Operations for year ending June 30, 1891. — Train mileage — passenger, 119,456 ; freight,
188,321; mixed, 35,686 ; other, 56,119— total, 399,582 miles. Passengers carried, 116,997;!
carried one mile, 3,549,506 ; average mile rate, 2.71 cents. Tons freight moved, 305,892 ; |
moved one mile, 26,376,397 ; average ton-mile rate, 1.42 cents. Earnings — passenger, $96,- i
210.68 ; freight, $373,738.56 ; mail, $10,059.28 ; express, $5,277.34 ; other, $49,348.56— total,
$534,634.42. Operating expenses— transportation, $126,581.53; motive power, $69,931.53;'
maintenance way and buildings, $64,439.72; general, $55,278.32— total, $316,231.10. Net
earnings, $218,403.32. Add interest and dividends, $47,258.69 — total available revenue,
$265,662.01. Payments : Interest on bonds, $80,000 ; dividends on stock (6 per cent.), $90,-
000; other payments, $1,772.72— total, $171,772.72. Balance, surplus, $93,889.29. Surplus
from last year, $1,521,660.96— total surplus, $1,615,550.25.

POOR S MANUAL OF RAILROADS.

507

Statement of operations, etc., for nine years :

1882

1883

1885
14 months

1886

1887

1888
9 months.

1889

1890

1891

rried ...
F^t.uons) Moved

Passenger Earn. .
Freight Earnings
Maii,otc.,Earn'gs

Gross Earnings. .
Work'gBxpensea

Net Earnings. . . .
GrossEarn'sp.M.
Work 'gExp. p.M.
Net Earn'gsp. M.
Exp's to Earn'gs.

66,435
108,671
$

70,510
326,013

50,428

76,656
215.611

79,023
328,679
82,646

87,509
252,698

77057
! 325 337
87688

116,997
305,892
$
96.211
373,738
64,685

81,268
321,596
68,576

100,076
372,799
69,408

79,410
318,425
69,307

83.306
309,857
73,063

65,730
250,289
56,246

446,951
347.657

471,440

317.410

542,283
374,135

467.142 466.226 372,2«5 490,348
360,560 323,320' 244,874 276,ls>2

490082
286627

534,634
316,231

99,294
4,60774
3,584 09
1,02365
77. 78 p. c.

154,030 168,148
4,82292 5,03279
3,247 16 3,472 25
1.57576 1.56054
67.33 p. c. 68.99 p. c.

106,582: 142.906
4,335 42 4,326 92
3,346 28 3,000 65
989 14' 1,326 27
77. 19 p. c. 69. 47 p. c.

127.391 214,226
3,451 89, 4,582 69
2,272611 2,58058
1,18328 2.00211
65. 78 p. c. 56 p. c.

203,455
4,58021
2,678 76
1.90145
58.49 p. c.

218,403
4,99668
2,95543
2.041 15
59.06 p. c.

Financial Statement, June 30, 1891.— Capital stock (par value, $100), $1,500,000 ;
funded debt (1st mortgage 8 per cent. 25-year coupon $1,000 bonds, due January 1, 1898,
interest payable January and July), $1, 000, 000 ; current accounts, $12,370.40 ; profit and loss,
$1,615,550.25— total, $4,127,920.65. Contra: Cost of road, $1,542,413.64; rolling stock,
$79,540.65 ; stocks and bonds owned, $1,565,765.08 ; materials, etc., $44,302.05 ; other prop-
erty and assets, $36,506.20 ; bills receivable, $388,524.73 ; current accounts, $333,861.48 ;
cash on hand, £137,006.82— total, $4,127,920.65.

Annual meeting, second Thursday in November, at Raleigh, N. C. Dividends payable
April and October, at office of company ; books close 30 days previously. Interest payable at
National Farmers' and Planters' Bank, Baltimore, Md., or at the Mechanics National Bank,
Philadelphia, Pa. Trustees of bonds, Edmund Randolph Robinson, New York, N. Y. ;
William N. Whelen, Philadelphia, Pa. ; William E. Anderson, Raleigh, N. C. Registrar of
stock, W. W. Vass, Secretary and Treasurer, Raleigh, N. C.

Directors (elected November 12, 1891).— R. C. Hoffman, Louis McLane, Baltimore, Md. ; W.
W. Chamberlaine, Norfolk, Va. ; W. J. Hawkins, J. B. Batchelor, R. S. Tucker, Raleigh, N. C.

J. M. ROBINSON, President Baltimore, Md.

R. C. Hoffman, Vice-President Baltimore, Md.

Treasurer and Secretary— W.W. Vass.. Raleigh, N. C. | Auditor— 3. B. Martin ...Raleigh. N. C

PRINCIPAL OFFICE AND ADDRESS Halifax Street, Raleigh, N. C.

RARITAN RIVER RAILROAD COMPANY.

Main Line of Road.— South Amboy, N. J., to New Brunswick, N. J 11.90 miles.

Branches; Main Line to Such's Works, 0.47 m.; to Middlesex Works, 0.13m.;

to Edgar's Works. 0.25 m. ; to Furman's Works, 0.50 m. ; to Willet's Works,

0.25 m. ; and Sayreville June, to Sayreville, 2.34 m 3.94 miles.

Total length of main line and branches, June 30, 1891 15.84 miles.

Sidings, 1.01 miles. Gauge, 4 ft. 8* in. Rail (steel), 60 Ibs.

History.— Chartered April 20, 1888 ; road from South Amboy to Washington, 6 miles ;
opened December, 1888 ; extended to New Brunswick, 5.9 miles, July 1890 ; branches built
in 1889 and 1890. Since the close of the fiscal year a branch, 1 mile in length, has been,
built from the main line to the clay and sand mines of the Sayre & Fisher Co.

Rolling Stock, June 30, 1891.— Locomotive engines, 3. Cars— passenger, 3; freight
(platform), 20— total, 23.

Operations, etc. — Not reported ; road being operated to January 1, 1891, by the con-
tractor, who paid interest on bonds falling due during the year.

Financial Statement, June 30, 1891.— Capital stock (par, $100) authorized, $1,000,000 ;
i in, $364.800 ; funded debt (1st mortgage 5 per cent. 50-year $1,000 coupon bonds, due
January 1, 1939, interest January and July; authorized, $400,000), $243,000-total, repre-
senting cost of road and equipment, $607,800.

508 POOK'S MANUAL OF RAILROADS.

Annual meeting, second Tuesday in February, at Jersey City, N. J. Books close three
days before dividend payments, and twenty days before annual meeting. Interest on bonds
payable at the office of the trustee, the Holland Trust Co., New York, N. Y. Registrar of
stock, Frank H. Earle, Jersey City, N. J.

Directors (elected February 10, 1891).— Edward H. Ripley, Samuel T. Benedict, Edward
H. Peaslee, Win. Foster, Jr., Frederick C. McCullough, New York, N. Y. ; George S. Brewer,
Brick Church, N. J.; Edlow VV. Harrison, Wm. D. Edwards, Wm. G. Bumstead, Jersey City,
N. J. ; John H. Van Cleef, Somerville, N. J. ; Samuel P. Knapp, New Brunswick, N J. ;
Frank H. Earle, Chas. H. White, Newark, N. J.

EDWARD H. RIPLEY, President Jersey City, N. J.

Wm. Foster, Jr., Vice-President "

Treasurer— Wm. G. Bumstead Jersey City, N. J. | Secretary— Frank H. Earle Jersey City, N. J.

PRINCIPAL OFFICE AND ADDRESS Fuller Building, Jersey City, N. J.

REYNOLDSVILLE AND FALLS CREEK RAILROAD COMPANY.

Line of Road.— Falls Creek, Pa., to Soldier Ran, Pa..' 16 miles.

Branches, 10 miles. Gauge, 4 ft. 8-J- in. Rail (steel), 56 Ibs.

History.— Chartered December 13, 1883 ; road completed as above in 1890.

Rolling1 Stock. — Locomotive engines, 3. Cars — freight (coal), 3 ; caboose, 1 — total cars, 4.

Operations, etc. — Not reported.

Financial Statement.— Capital stock (par, $50), authorized, $300,000 ; paid in, $170,000.

Fund debt consists of $170,000 (authorized and outstanding), 6 per cent. 20-year $1,000
•coupon bonds, due January 2, 1911, interest payable January 2, at Buffalo, N. Y.

Annual meeting in January, at Reynoldville, Pa. Dividends paid annually (in July), at
Buffalo, N. Y. Trustee of bonds, Charles Clifton. Registrar of stock, the' Secretary.

Directors.— F. A. Bell, George H. Lewis, Charles Clifton, Buffalo, N. Y. ; A. G. Yates,
Rochester, N. Y. ; George Mellinger, E. J. Lofts, Reynoldsville, Pa.; L. W. Robinson,
Du Bois, Pa.

S. B. ELLIOTT, President Reynoldsville, Pa.

Vice- President— F. A. Bell Buffalo, N. Y. | Treasurer— Geo. H. Lewis Buffalo, N. Y.

PRINCIPAL OFFICE AND ADDRESS. Reynoldsville, Pa.

RICHMOND AND WEST POINT TERMINAL RAILWAY AND WAREHOUSE

COMPANY.

History. — Chartered March 8, 1880, in the interest of the Richmond and Danville RR.
Co., for the purpose of acquiring control of railroads not directly connecting with that com-
pany's lines. Shortly after its formation the company began to acquire control of various
railroads in the South, and has continued to add to its mileage yearly since then, until, on
November 30, 1891, it controlled 9,053.3 miles of railroad and water lines, as follows :

Richmond and Danville System, railroads 3,258.5 miles.

East Tennessee, Virginia, and Georgia System, railroads 2,613.8 miles.

Central RR. of Georgia System, railroads 2,077 0 miles.

Georgia RR. (leased jointly by C. RR. of Ga. and L. & N. RR., and roads controlled jointly with the

Ga. RR. Co.) 604.0 miles.

Water lines— Baltimore, Chesapeake and Richmond S. B., equivalent rail distance 200.0 miles.

Ocean Steamship Company, equivalent rail distance 300.0 miles.

Control of the Richmond and Danville was acquired in November, 1886. Voting con-
trol of the East Tennessee, Virginia and Georgia till July 1, 1891, was acquired in January,
1887, by purchase of $6,500,000 1st preferred stock. In October, 1888, the company pur-
chased the entire capital stock, $12,000,000, of the Georgia Company, controlling the Central
RR. and Banking Co. of Georgia. (See MANUAL for 1891.)

The additions to the system during the past year equalled 557.1 miles, as follows : Rich-
mond and Danville System, 123.3; East Tennessee, Virginia and Georgia System, 113.8:
Central RR. of Georgia System, 320.

POOR S MANUAL — RICH'D & WEST POINT TERMINAL RY. ,t WAREHOUSE CO. 509

Income Account, Year ending November 30, 1891.

KKVKNCK. EXI>EN>KS.

Interest, 6 per cent. Collateral Trust Bonds $330,000 00

Interest, 5 per cent. Collateral Trust Bonds 553,250 00

Interest on Georgia Co. Bonds 27,650 00

Dividends on Pi eferred Stock 249,850 00

General and Legal Expenses 47,075 61

Taxes 19,175 68

Dividends R. and D. Stock $497,620 00

Dividends E. T., V. & G. 1st Preferred. . . . 175,664 00

Div. on Cent. KK. and Banking Co. of Ga.. 316,964 00

Int. on E. T.. Va. & Ga. 1st Mtge. Ex. Bds. 18,000 00

Interest on State of Georgia Bonds 31,158 25

Int. on R. <fc D. Equipment 6 p. c. Bond? . . 21,000 00

Interest and Discount 16.074 36

Int. on Advances to Cos. Controlled 72,453 33

Int. on Bonds Owned, not Collected but

Charged to such Cos. in Open Acct 141,000 00

Total Revenue $1,289,933 94 Total Expenses $1,227.001

Net revenue, $62,032.65. Surplus forward, $692,574.50. Total surplus, $755,507.15.
Comparative statement of gross and net earnings, fixed charges, etc., for two years end-
ing June 30, 1891 and 1890.

ROADS.

GROSS EARNINGS.

NET EARNINGS.

FIXED CHARGES.

BUBKDB.

1891

1890

1891

1890

1891

1890

1891

1890

Rich. & Dan. System
Cent'l RR. of Ga. System.

Total now operated by
Richmond & Danville...
East Tennesse System.. ..

Total Controlled by R.&W.
P. T. Ry. & W. Co
Georgia RR. & Cos. Con-
trolled with Ga. RR

Grand Total

14^518,251

10.154,166

13,196 181
9,565,006

$

4,990,985
2,713.709

4,432,551
2,301,407

4.547.270
2,001,698

$

4,384.394
1,903,026

443,714
712,012

48,157
398,381

24,367,417
16,426,715

22,761,187
15,825,060

7,704,694
5,255,977

6,733,958
5,423,512

6.548,968
4,138,319

6,287.420i 1,155,726
3,512,689 1,117,658

446,538
1,910,822

40.794.13-2
3.055,212

38,586,247
2,824,714

12,960,671
1,007,793

12,157,470
947,086

10,687,287
768,170

9,800,109 2,273,384
809,152 239,623

2,357,360
137,935

43.849,344! 41,410,961; 13,968,464

13,104.556

11,455,457

10,609,261

2.513,007

2.495,295

Average miles operated : 1891, 8,571 ; 1890, 8,312.
General Balance Sheet. November 30, 1891.

Stocks, Bonds, and Property $90,761,312 60 Capital Stock (Common) 870,000,000 00

Bills Receivable 65,22350 Capital Stock (Preferred) 5,000,00000

Due by Companies Controlled 1,290,884 46 Six per cent. Collateral Trust Bonds 5,500,000 00

Cash 218,634 09 Five per cent. Collateral Trust Bonds .... 11,065,000 00

Unpaid Subscriptions to Privilege of May ' Coupons TJncollected . . 7,280 00

21.1890 900 00 Preferred Dividends Uncollected 9.16750

Profit and Loss . . . 755.507 15

Total Assets $92,336,954 65 i Total Liabilities $92,336,954 65

Preferred stock received 21 per cent, in 1887, and 5 per cent, yearly from 1888 to 1891.
It is entitled to 5 per cent, cumulative dividends.

The 6 per cent, collateral trust gold bonds are dated February 1, 1887, and mature Feb-
ruary 1, 1897, but they may be paid off at any time before maturity at 105 and accrued
interest, upon thirty days' notice. The bonds are in coupon form, for $1,000 each. Author-
ized is.sue, $8,500,000. Trustee, Central Trust Co. of New York. The following securities
are deposited in trust with the Central Trust Co. as security for the $5,500,000 outstanding :

Valuation for

Purpose of

Agreement.

$1,550.000

993.750

Columbia and Greenville RR. Col, Common Stock* I'oOo'oOO ?500.'66o 250,'oOO

Columbia and Greenville RR. Co.. Preferred Stock. . . . ... 1,000

Rich. & Dan. RR. Co., Stock .......I 1.760,900

East Tennessee, Virginia & Georgia RR. Co., First Preferred Stock. 6,000.000

$17,296,900

Par Value. Market Value.

\ irginia Midland Ry. Co. Stock $3,100.000

Western North Carolina RR. Co., First Consolidated Bonds 1,3-25.000

Western North Carolina RR. Co., Second Mortgage Bonds 4,110,000

$1.550.000

1.325.000

1.644,000

500.000

500

3.521.800'
6.000.000

350

3.521.800
4.80(1.000

$14.541.300

$11,937,900

The valuation for the purposes of the agreement, as above stated, indicates the cash
amount at which the company may withdraw the securities from the trust.

510 POOB'S MANUAL — BICH'D & WEST POINT TERMINAL BY. & WAREHOUSE co.

The 5 per cent, consolidated 1st mortgage collateral trust gold bonds are for $1,000 each,
in coupon form, but may be registered at the office of the Central Trust Co., trustee. The
bonds were authorized to the amount of $24,300,000 for the following purposes : $5,000,000
to pay off floating debt ; $5,500,000 to retire the 6 per cent, collateral trust bonds of February
1, 1897; $4,000,000 to retire the preferred stock of the company; $4,000,000 to retire the
Georgia Company bonds, which are a first lien upon the $4,000,000 stock of the Central RR.
of Georgia held by the Georgia Company ; $2,450,000 to acquire the outstanding $3,500,000
stock of the Central RR. of Georgia; $1,768,000 to acquire $4,421,000 outstanding 1st pre-
ferred stock of the East Tennessee, Virginia and Georgia Ry. Co.; $739,000 to acquire an
equal amount of Richmond and Danville stock then outstanding, and $843,000 to be held by
the trustee until the 6 per cent, collateral trust bonds shall have been taken up, or until addi-
tional securities of the market value of $1.250 for each $1,000 of bonds withdrawn are depos-
ited with the trustee, subject to the provisions of the mortgage. The bonds outstanding
were issued — $5,000,000 to pay off floating debt, $708,000 in part payment of Richmond and
Danville stock, and $5,357,000 on account of the privilege accorded to common stockholders
by resolution of May 21, 1890. The amount sold under this privilege to the holders of com-
mon stock was $5,759,000, of which $5,357,000 were new bonds, $190,000 taken from the
treasury of the company, and $212,000 purchased from the Richmond and Danville RR. Co.
— total, $5,759,000. To cover this last issue the following securities were deposited with the
Centra] Trust Company, trustee : Georgia Co. 5 per cent, collateral trust bondt--, $3,447,000;
Central RR. and Banking Co. of Ga. stock, $220,000 ; E. T., Va. and Ga. Ry. Co. 1st preferred
stock, $2,283,200 ; E. T., Va. and Ga. Ry. Co. 2d preferred stock, $4,225,000. A sinking
fund of 2 per cent, begins February 1, 1898, bonds to be drawn if not purchasable at par.
The bonds may be redeemed at par at any time after one month's notice. The following se-
curities are deposited with the Central Trust Co. as security for the $11,065,000 outstanding :

Valuation for

Par Value. Market Value. Purpose of
Agreement.

Georgia Company, Stock $11,990,000 $4,196,500 $3,597,000

Charlotte, Columbia and Augusta KR. Co., Stock 1,300.000 650,000 650,000

Virginia Midland Ry. Co., Stock 470,000 235,000 235,000

Western Northern Carolina RR. Co., Common Stock 3,160,000 158,000 316,000

Western North Carolina RR. Co., Preferred Stock 3,160,000 316,000 316,000

Georgia Pacific Ry. Co., Stock 4,370,000 655,500 874,000

Georgia Pacific Ry. Co., Second Mortgage Income Bonds 1,397,000 349,250 279,400

Ashe ville and Spartanburg RR. Co., Second Mortgage Bonds 215,000 107,500 107,500

Asheville and Spartanburg RR. Co., Stock 1,040,000 104,000 104,000

Washington, Ohio and Western RR. Co., Income Bonds 625,000 I 312,500 • 312,500

Washington, Ohio and Western RR. Co., Stock 1,500,000 150,000 150,000

Northeastern RR. Co. of Georgia, General Mortgage Bonds 315,000 236,250 189,000

Northeastern RR. Co. of Georgia, Stock 120,000 ;j 30,000 30,000

Richmond and Mecklenburg RR. Co 300,000 30,000 30,000

Richmond and Danrille RR. Co 708,100 1,416,200 " 1,416,200

Georgia Co. Collateral Trust Bonds 3,447,000 3,102,300 " ~

E. T., Va. &Ga. Ry. Co., 1st Preferred Stock 2,283.200 1,826,560

Central RR. & B. Co. of Ga., Stock 220,000 264,000

E. T., Va. & Ga. Ry. Co., Second Preferred 4,225,000 1,056,000

$40,845,300 $15,195,560

The 5 per cent, collateral trust bonds are a second lien upon the securities deposited to

secure the 6 per cent, loan, and are an additional lien upon the following stock, subject to

the preferred stock trust agreement of December 6, 1886, and supplemental trust agreement

of September 20, 1887 :

Valuation for

Par Value. Market Value. Purpose of

Agreement.

Richmond and Danville RR. Co., Stock $2,500,100 $5,000,200 $5,500,200

The aggregate cost to the company of the property owned by it is shown in the general
balance sheet, but the details of the cost in each case is not given.

During the fiscal year, 1889-90, this company guaranteed principal and interest on $6,-
000,000 50-year 5 per cent. $1,000 gold bonds, due February 1, 1940, and known as " Cincin-
nati Extension Bonds." These bonds were issued jointly by the Richmond and Danville and
the East Tennessee, Virginia and Georgia Cos., for the purpose of securing a controlling in-
terest in the Alabama Great Southern and the Cincinnati, New Orleans and Texas Pacific
Cos. (See statement of East Tennessee and Richmond and Danville RR. Cos.)

POOR'S MANUAL — RICH*D & WEST POINT TERMINAL RY. & WAREHOUSE CO. 511

Following are the securities owned by the company, November 30, 1891.

Bonds.

Vorth Carolina RR. Consol. Mtge ..... $1,325,000

North Carolina RR 2d Mtge .......... 4,110,000

Northeastern RR. of Georgia, Gen. Mtge. . . 315,000

Blue Ridge RR. 7 per cent. Bonds ......... 299,000

Richmond and Mecklenburg RR. 2d 6s ..... 160,000

Washington, Ohio and West. RR. Incomes.. 625,000

Georgia Pacific Ry. 2d Con. 5s scrip ........ 314

Georgia Pacific Ry. Income 5s ............ . . 1,397,621

Western North Carolina RR

Charlotte, Columbia and Augusta RR

$3,168,300
1,305,000

Virginia Midland Ry. Co. Gen. 5s, scrip. . . .

: lie and Spartanburg RR. Co. 2d 6? ____

Richmond & Danville RR. Co. 6 p .c. Eqpt. B's
Oxford and Henderson RR. Co. 1st 6s ......

Statesville and Western RR. Co. 1st 6s .....

'•A Company Collateral Trust 5s .......

East Tenn.. Va. & Ga. 1st Exten. Mtge. Bonds
State of Georgia 3i per cent. Bonds .........

292

215,000
700,000
195,000
300,000
3,447,000
620,000
776,000

Columbia and Greenville RR 1.000,000

Northeastern RR. of Georgia 120,100

Asheville and Spartanburg RR. Co 1,047,981

Danville, Mocksviile and Southwestern RR. 49,000

Richmond and Danville RR. Co 4,976,200

Georgia Pacific Ry. Co 4,378,432

Oxford and Henderson RR. Co 325,000

Richmond and Mecklenburg RR 300,000

Washington, Ohio and Western RR 1,500.000

Statesville arid Western RR. Co 500,000

Richmond and West Point Ter. Ry 414,840

Georgia Company 12,000,000

Total of Bonds Owned $14,485,227

Preferred Stocks.

East Tennessee, Va. and Georgia, 1st Pref . . $8,783,200

Western North Carolina RR 3,168,300

Columbia and Greenville RR 2,000

Richmond and West Point Ter. Ry 2,400

Blue Ridge and Atlantic RR. Co 250,000

East Tenn., Va. & Ga. Ry. Co. 2d Pref. Stock 6,536,000

Common Stocks.

Virginia Midland Ry. Co 4,524,233

East Tennesse, Va. & Ga. Ry. Co....
Central RR. and Banking Co. of Ga.
Other Stocks...

Ootutonu&on Company Stocks.
Rich. & Dan. Ext. Co., Common, full paid..
Rich. & Dan. Ext. Co., Common, 90 p. c. paid
American Construction Company, Common.
Greenville Construction Company, Common.

5,880,000

220,000

16,100

4,500

2,607,150

25,000

47,900

Total of Stocks Owned—

1st and 2d Preferred. . . $18,741,900

Common 41,725,186

Construction Company 2,684,550— 63,151,636

Total Bonds and Stocks $77,636,863

In addition to the above securities, this company owns wharf property, connecting rail-
road at Richmond, Va., and real estate at West Point, Va., and Atlanta, Ga., valued at $80,-
414.48. The foregoing securities and property are represented on the books of the company
as costing in securities and cash the sum of $90,680,898.12. The company has no floating
indebtedness of any kind ; and other than its ordinary investments in stocks, bonds, and prop-
erty, before mentioned, it has assets consisting of advances to companies controlled, bills
receivable, and cash, amounting to $1,574,742.05.

All of the above construction stocks have only a nominal value. The purpose for which
the Richmond and Danville Extension Company was organized having been accomplished,
its assets have all been distributed among its stockholders, and the company has been practi-
cally wound up. The other construction stocks are only valuable as franchises.

In March, 1892, a committee, consisting of F. P. Olcott, Oliver H. Payne, Frederick D.
Tappen, Wm. H. Perkins, Henry Budge, H. C. Fahnestock, and J. Kennedy Tod, formu-
lated a plan for the reorganization of the financial affairs of this company by means of an
issue of $350,000,000 new securities, as follows : (a) $170,000,000 4 percent. 1st mortgage
35-year gold bonds, interest from March 1, 1892, coupons quarterly, March 1, June 1, Sep-
tember 1, December 1, to be issued by a new corporation representing the consolidation of
the Richmond and Danville RR. Co. and the Richmond and West Point Terminal Ry. and
Warehouse Co., and to cover all the property and equipment of such new corporation, and
pending the legal consolidation of such new corporation with the East Tennessee, Virginia
and Georgia System all the securities of the last named system now owned and controlled and
that may be deposited under this plan of reorganization to be deposited with the trustee as
further security for the bonds to be issued, $10,000,000 of these bonds to be issued only for
the acquisition of additional property; (&) $70,000,000 non-cumulative, 5 per cent. preferred
stock ( vote of majority of preferred stock requisite to authorize any additional mortgage
on property covered by 1st mortgage) ; and (c) $110,000,000 common capital stock.

Of these new securities it is proposed to distribute among the holders of the securities of
theR. & W. P. T. Ry. & W. Co. and its affiliated and controlled companies various amounts,
aggregating $296,961,188— $133,946,955 1st mortgage 4 per cent, bonds, $57,853,579 preferred

512 POOR'S MANUAL — RICH'D & WEST POINT TERMINAL RY. & WAREHOUSE co.

stock, and $105,160,654 — in exchange for securities of the several corporations in the hands
of the public upon the terms of exchange shown in the annexed tabular exhibits.

Statement showing the distribution of proposed new securities in the reorganization of
the Richmond and West Point Terminal Ry. and Warehouse Co.:

Amount
Issued.

Owned by the
Terminal
Co., the R. &
D. RR., & the
E. T.,V. &G.
Ry. Co.

Amount
in Hands
of the
Public.

DISTRIBUT'N OF PROPOSED NEW SECURITIES.

Class I.
1st Mtge. 4 per
cent. Bonds.

Class II.
Preferred
Stock.

Class III.
Common
Stock.

TERMINAL.
Common ...

70,000,000
5,000,000
5,500,000
11,065,000
4,000,000

$

70,000,000
5,000,000
5,500,000
10,679,000
553,000

p.c.

ioo

120
100

$
' 5,000,666

6,600,000
10,679,000

Se

p.c.
10

20
40
10
curit

7,000,000
1,000,000
2,200,000
1,067,900
ies Reserve

p.c.
100

$
70,000,000

Preferred
6 per cent. Col. Trust, 1897 . .
5 p. c. IstMtg. Col. Trust, 1914
Ga. Co. 5 per cent. Trusts, 1937

Total Terminal Securities.
Rich. & Dimv. System, Stocks
East Tenn. System, Stocks . . .
Rich. & Dan. B'de & Guar.St'ks
E. T. Syst., B'ds & Guar. St'ks

Total Entire System

To be used to retire Memphis a
securities named but not p
To be sold and proceeds to be
car trusts, and other cash r<
To be used by the Board of D
acquisition of additional p

Total Proposed New Securi

386,000
3,447,000

id."

95,565,000
43,482,950
77,070,125
87,314,126
56,914,000

3,833,000
32,775,596
32,317,900
17,386,465
6,085,275

91,732,000
10,707,354
44,752,225
69,927,661

50,828,725

22,279,000

' '1,745,646
64,718,015
45,204,900

11,267,900
1,363,134
6,195,800
26,995,695
12,031,050

70,000,000
2,534,867
22.857,000
3,207,287
6,561,500

360,346,201 92,398,236 267,947,965

nd Charleston securities, and other
rovided for in the plan
used for paying off floating debts,
;quirements
rectors of the new Ry. Co. for the
roperty necessary to the System . . .

ties

133,946,955

7,817,245
18,235,800
10,000,000

57,853,579

5,763,891
6,382,530

105,160.654
4,839,346

...

170,000,000

70,000,000

110,000-000

Total.

$

To the amount of securities shown in the above table, viz: 360,346,201
should be added :

Georgia Co. Stock 12,000,000

Alabama Gt. So. Ry. Co., Ltd. : Common Stock 3,925,550

Preferred Stock 1,700,000

Alabama Gt. So. RR. : Common Stock 7,830,000

Preferred Stock 3,380,350

Debenture 6s 670,000

Central RR. & B. Co. of Ga. Stock 220,000

Georgia Co. Collateral Bonds and Stock 4,000,000

Macon & No. RR. Stock. 500,000

Grand Total 394,572,101

Owned by Public.

S

267,947,965

By R. T. and Affili-
ated Organizations.

S

12,000,000

3,925,550

1,700,000

7,830,000

3,380,350

670,000

220,000

4,000,000

500,000

126,624,136

Car Trusts.— R. & D. RR. Co., $895,100 ; Georgia Pacific, $647,724 ; East Tennessee, Va.
& Ga., $375,000 ; Louisville Southern, $327,942 ; Memphis & Charleston, $123,798— total
car trusts, $2,309,564.

Floating Debts.— Richmond & Danville RR. Co., March 1, 1892, $5,100,000 ; East Tennes-
see, Va. & Ga. Ry. Co., $1,210,000— total floating debts, $6,310,000.

The committee reports that "the fixed charges on the properties excluding the Central Railroad & Banking
Company of Georgia and the Alabama Great Southern Railway Co. (based on 'the present bonded debt, floating
debt, and rentals, but excluding taxes, which are included in the operating expenses, and not including interest
on any securities owned by the system, or the various corporations composing the system), amount to $8,973,730
per annum, in addition to which are annual car trust payments, which, for the current year will amount to $502,-
117, making a total of annual fixed charges of $9,474,837.

" The net earnings for the year ending June 30, 1891, of all the systems (exclusive as aforesaid), after deduct-
ing taxes, and not including income from investments in securities of the Terminal System, or indebtedness, or
interest on indebtedness due from the various corporations to each other, were $8,744,786.

"The Richmond Terminal Company controls the three systems by majority stock ownership (except in the
case of the East Tennessee, Virginia & Georgia Ry. Co., where its ownership is less than a majority), and the
three principal railway companies control their subsidiary corporations, to a considerable extent, by like majority
stock ownership.

" The advantages of the proposed plan are manifest. Some of these advantages may be estimated by a
comparison of the results of the present system of operation, and of the one proposed, ' bearing in mind that the
apparent net earnings of the existing properties are not, and have not been, available to their full extent.1 "

Gross Earnings Last Fiscal Year (Excludin

Operating Expenses

Net Earnings

Fixed Charges ...

PRESENT STATUS.
Alabama, Ga. & Southern')

. $28,338,500
. 19,593,764
. 8,744,73<5
. !i. 474,837

POOR'S MANUAL — RICH'D & WEST POINT TERMINAL RY. & WAREHOUSE CO. 513

PROPOSED CONSOLIDATION.
Fixed Charges (Excluding $10,000,000 First Mort. Bonds, to be Issued Only for Additional Property). . $6,400,000

Cincinnati Southern, $1,000,000: N. ('. Kit . 9910,060) 1,260.000

Total Fixed Charges $7,660,000

" In view of the pending litigation affecting the Central Railroad and Banking Company of Georgia, and of
rlu- questions which are before the Courts, and undetermined, respecting it? existing lea>e. and considering the
legal difficulties attending a consolidation, embracing that company, the committee has found it advisable to
make no provision, for the present, for taking up the outstanding stocks or securities of the Central Railroad
and Banking Company of Georgia; but the interests of the Richmond Terminal Company in those stocks and
securities will vest in the new corporation, and form a part of the security for the new first" mortgage bonds.

"It is also contemplated by the plan that the rights and interests of the East Tennessee, Virginia and
Georgia Railway Company in the securities of the Alabama Great Southern Railway Company. Limited, the
Alabama Great Southern RR., and the Cincinnati, N. O., and T. P. Railway shall be subjected to the lien of the
new nr-t nm: |

M The satisfaction and discharge of the Richmond Terminal Collateral Trust 6 per cent, mortgage will be de-
ferred until the collateral deposited to secure bonds issued thereunder may. in the judgment of the committee, be
directly subjected to Hie lien of the new first mortgage."

Statement showing in detail the stocks issued by the several lines comprising the Rich-
mond and Danville, and East Tennessee. Virginia and Georgia systems ; the amounts held by
the public and by the Terminal Co. and its affiliated lines, and the distribution of proposed
new securities :

Total
Issued.

Owned by
the Ter-
minal Co..
the Rich-
mond and
Danville
RR.. and
the E. T.,
Va. & Ga.
Ry. Cos.

Held by
Public.

DlSTRIBrTIOX OF PROPOSED XEAV
SECURITIES.

Class I.
First Mort-
gage 4 p. c.
Bonds.
Amount.

Class II.
Preferred
Stock.
Amount.

i

Class HI.
Common
Stock.
Amount.

Richmond & Danville RR
Piedmont RR
Milton & Sutherlin RR
State University RR
Wash.. O. & West. RR. . .
N. W. No. Car. RR

S
5.000.000
1,500.000
61,250
81,800
1.. 500. (»00
1.500.000
100.000
1.000.000
6.000.000
4,000.000
4.000,000
2^578.000
1.000.000
1,000,000
1,000,000
8.555.000
500.000
325.000
357.900
239^000
250,000
1.050.000
368.600
390:000
195.900
45,000
40,000
21.000
625.000
250,000

4,976,200

1,496.700
3*5.400
16.800
1.500.000
996. 500
100.000
890.000
4.504.233
3.16S.300
3.168.300
1.518.900
2.000
1,000.000
1.000,000

500.000
325.000
300.000
120.100
212.500
1.047.981
368.600
260.000
100.200
22.600
20.100
13.000
462.750
250.000

23.800
3.300
84,830

14.500

p.c. 3

p.c. $

p.c.

503.500

Clarksv. & Xo. Car. RR

Oxf. & Clarksv. RR...

110,000

1.475.767
831.700
831.700

..: . . ::

Virginia Midland Rv

50 T37,884

ioc

1.47 5. 767

rn Xo. Car. RR.. pref. . ..
Western Xo. Car. RR.. com. . ..
Char . Col £ An** RR

1,059.100
998,000

50 529.550

100

1.059.100

Col. & Greenv. RR.. pref

Col. & Greenv. RR.. com
Spar.. Union & Col. RR
Georgia Pacific Rv

4,176.568

Statesv. & West. "RR
Oxford & Hend. RR

Rich. & Meek RR

57 900

X. E. RR. of Ga

118.900
37,500
2.019

H. P.. R.. A. & So. RR
Ashev. & Spart. RR.

Danville & West. Ry...
Xo. Car. Mid. RR ..
Elberton A. L. RR

iao,666

95.700
22.400
19.900
8.000
163.250

100

95,700

Lawrencev. RR

Roswell RR .

Hartwell RR

Yadkin RR. . . .

B., C. & R. S. B. Co
Total R. &D. System

E. Tfnn., Va. & Ga. System:

E. Tenn..Va. & Ga. Rv., 1st pref
E. Tenn.. Va. & Ga. Ry., 2d pref.
E. Tenn.. Va. & Ga. Ry., com. ..
Ala. Central RR...

....

2.534.867

1.108,400
7.776.600
12.972,000

43,482,950

11.000.000
18.500,000
27.500.000
635,200

1.122.200
7.000,000
3,000.000
5.312.725
3,000,000

32,775,596

8.783.200
6.536.000
5,880.000
454.200
767.000
3,500.000
2.500.000
2.697.500
1,200,000

10,707,354

2.216.800
11,964.000
21,620.000
181.000
£55.200
3.500.000
500.000
2.615.225

i;soo.ooo

1.363,134

1.108.400
4,187.400

50
65
60

665,040

50
35

Knoxv. & Ohio RR.

Louisv. South. RR

25

875,000
125,000

Mobile &Birm. RR.
Memph. & Chariest. RR
Cin.. X. 0. & Tex. Pac

60 1,080,000

50

900.666

Total E. T., Va. & Ga. System.
Total both Systems. . . .

77.070,125! 32.317.900

44.752,225

....I 1.745.040

....; 6.195.800L.

22.857,000

120 553075 65.093,496' 55.450.579 .... 1,745,040

7.558,934

....

25.391.867

514 POOR'S MANUAL — RICH D & WEST POINT TERMINAL RY. & WAREHOUSE CO.

Statement showing in detail the amount of bonds issued by the several roads comprising
the Richmond and Danville, and the East Tennessee, Virginia and Georgia Systems, the
amount held by the public and by the Terminal Co. and its affiliated lines, and the distribu-
tion of proposed new securities :

Amount
., Issued.

Jwned by
the Ter-
ninalCo.,
the Rich-
mond &
Danville
RR. Co.,
& the E.

r., Va. &

G. Ry. Co.

DISTRIBUTION OF PIIOI-OSKD NEW SEOURI-

TIKS IN KXCIIANGE FOK SECURITIES
HELD BY THE PUBLIC.

Held by '
LPublic.

Class I. 1st
Mtsre. 4 p.c.
Bonds.

Class II. Pre-
ferred Stock.

Cl
C

s

p.c.

ass III.

niimon
Stock.

S

Kich. & Danville consol. 6s of 1915
Debenture 6s of 1927
Consol. 5s of 1936
Equip, s. f . gold 5s of 1909
Equip, s. f . gold 6s of 1906
Piedmont RR 1st 6s of 1928

S
5,997,000
3,368,000
4,498,000
1,390,000
883,000
500,000
500,000
26000
400,000
500,000

>• 497,500
500,000
j- 1,700,000

4,250,000
750,000
4,000,000
1,250,000
625,000
1,500,000
111,000

$

' '1,457,066

883^666
500,000
500,000
26,000

S P.C.I
5,997,000 1201
3,368,000 120
3,041,000 100
1,390,000 100|

7,196,400
4,041,600
3,041,000
1,390,000

P45C'
30
40
40

2,698,650
1,010,400
1,216,400
556,000

2d4sof 1928
Milt. &Suth. 1st 8s of 1907
R'., Y. R. & C. RR. 1st 8s of 1894. .
2d6sof 1900..
Stock (guar.
under lease).
A. & C. A. L. Ry. 1st pref . 7s of 1897
Stock (guar. un-
der lease)
1st 7s of 1907....
Inc. 6s of 1900...
No. Caro. RR. stock, Rental 6^ p. c
W., O. & W. RR. 1st 4s of 1924. . .
Inc. 6s of 1924..
N. W. N. C. RR. 1st 6s of 1938. . . .
Cl & N C RR 1st 6s of 1937

400,666

500,000
497,500
500,000j
1,700,000

4,250,000
750,000
4,000,000
1,000,000

'126
120

100
120!
110

120
100

100

4801666
600,000

497,500
600,000
1,870,000

5,100,000
750,000
Rem
1,000,000

'26'
20

25
25

40

40
40
alns

80,000
100,000

124,375
125,000
680,000

1,700,000
300,000
a fixed clu

1

11

250,000
625,000
167,000

rge.

1,333,666 110 1,466,300 40
111,000 lOOi lll,000i 40
750,000 100 ! 750,000 40
600,000 120 720.000 45
1,900,000 120 2,280;000 45
1,100,000! 115 1,265,000 40
950,000 lOOlf 950,000; 10
1,775,000' 1001 1,775,000 40
1,310,000: 100; 1,310,000 40
4,859,000 100 4,859,000 40
10,000j lOOi 10,000! 25
421,7001 100; 421,700 50
85,000 100 85,000 30
2,531,000 105 2,657,550 50

533,266
44,400
300,000
270,000
855,000
440,000
95,000
710,0<.0
524,000
1,943,600
2,500
210,850
25,500
1,265,500

Ox. & Cl. 1st 6s of 1937
Va. M. Ry. 1st series 6s of 1906. . . .
2d series 6s of 1911

750,000
600,000
1,900,000

—

3d series 6s of 1916....
4th series 5s of 1921....
5th series 5s of 1926...
6th series 5s of 1931

1,100,000
950,000
1,775,000
1,310,000

Gen. 5s of 1936
Income 6s of 1927

4,859,000
10,000

Char. & Rap. RR. 1st 6s of 1913. . .
Fr. & Pitts. RR. 1st 6s of 1913 ....
W. No. Car. RR. 1st con. 6s of 1914
2d 6s of 1914
C., C. &A.RR. 1st 7s of 1895
2d 7s of 1902
1st cons. 6s of 1933
A. T. & O. RR. 1st 6s of 1913
Stock
C. & L. N. G. Ry. 1st of 1900
1st g'r. 7s of 1900
Stock (guaran .
byC. C. &A.)
C. & C. N. G. Ry. 1st 7s of 1897. . .
1st 7s of 1897. ..
Stock (guaran'd
by C. C. & A.)
C & G. RR. 1st 6s of 1916

421,700
85,000
3,856,000
4,110,000
2,000,000
500,000
500,000
150,000
400,000
250,000
100,000

j- 345,500

100,000
50,500

j- 273,350

2,000,000
1,000,000
49b,OOC
200,001
1,000,OOC
5,660 OOT

' 'l,325,66o
4,110,000

2,000,000
500,000
500,000
150,000
400,000
250,000
12,500

345,400
100,000

105
110
105
100
50
100
100

2,100,000
550,000
525,000
150,000
200,000
250,000
12,500

50
50
50
50
50
40
40

50
40

1,000,000
250,000
250,000
75,000
200,000
100,COO
5,000

172,700
40,000

'.'.'.

"• '87,50(5

100

100,000

50,50C
50,40C

'.'.........
496,OOC
! 200,00(

1

222,950

2,000,000
1,000,000

105
100

50

2,100,000 50
1,000,000 20

111,475

1,000,000
200,000

2d6sof 1926
Blue Ridge RR. 7s...
Lau. Ry.lst 6s of 1916
S., W. & C. RR. 1st 5s of 1932
Ga Pac Ry 1st 6s of 1922

>

1,000,000
5,660,000
109,OOC
I 4,616,024

3,207,28?
) 974,OOC

)l

90
110
40
60

166

900,000
6,226.000
48,60C
2,769,615

974,66c

;,o
80
60
16
20

2.830,666
32,700
2,769,615
1,443,280
194,800

2dinc. 6s of 1923...
Consol. 2d 5s of 1923
Inc. 5s of 1923
s. f. gold equip. 5s,190-
do., 6s of 1901
States. & W. RR. lat 6s of 1937. . .
Oxf . & H. RR. 1st 6s of 1937
R. & Meek. RR. 1st 6s of 1921 ....
2d 6s of 1937 ....
N. E. RR. of Ga. 1st 7s of 1896 . . .
Gen. 6s of 1926 .
H. P., R., A. & S. RR. 1st 69 of 193(
A. & Sp. RR. 1st 68 of 1925
2d 6s of 1937

109,OOT
5,002,33*
5,042,33*
1 1,273,00(
5 546,OW
300,(XX
195,CKK
315,00(
160,00<
260,0(X
315/XX
) 402,00<
500,0(X
215,001

..
>

I 386,31"
! 1,835,05
) 299,00(
) 546,0(K
) 300,00(
) 195,(XX
)
) ' 160,0(X

) " ' 315,66l
) 402,0(X
)
) 215.001

ioo'

' 3,267,287

>::

315,OOC
)

105

330,75C

30

B4,56l

260,000 i05

273,000

> 50

130,000

)

500,OOC

SO

400,001

) 20

100,000

POOR'S MANUAL — RICH'D & WEST POINT TERMINAL BY. & WAREHOUSE CO. 515

Amount
Issued.

Owned by
i the Ter-
minal Co.,
the Rich-
mond and
: Danville

IRR.CO..&

'the E. T.,

Va. & Ga.

Ry. Co.

DISTRIBUTION OF PROPOSED NEW SECURI-
TIES IN KXCHAXliE FOR SECURITIES
HELD BY THE PUBLIC.

Held by
Public.

Class I.
First Mort-
gage 4 p. c.

Bonds.

Class II.
Preferred

Stock.

Class III.

Common

Stock.

Dan. & W. Ry. 1st 5s of 1936

"So. c. Mid. RR. 1st 6s of 1931

Elb. A. L. Ry. 1st 7s of 1898

Lawrencev. Br. RR. 1st 7s of 1900.

Rosw. RR. 1st 7s of 1900

Hartw. RR. 1st 10s of 1889

Yadkin RR. 1st 6s of 194(3

B., C. & R. S. B. Co.— R. Est. 6s . i
Certs, of Ind., 6s.

Total R. & D. System

E. T.. Va. & Ga. Ry. 1st 7s of 1900. . !

1st 5s of 1930 i

consol. 5s of 1965..!
OldE.T.RR.6s,p.d.
1st Ext. 5s of 1937.1
Imp.&Eq.5sofl9aS
Cin. Ext. 5s of 1940
Gen. 5s of 1940 .

Ala. Cent. RR. 1st 6s of 1918. . . .
Incomes of 1918.

Knox. & O. RR. 1st 6s of 1925. .

Louisv. So. RR. 1st 5s of 1940 . .

Mob. & Birm. RR. 1st 5s of 1937
2d 5s of 1939

Mem.& Ch.RR.2d mtge. 7s

lst&2dExrd7s,1915
Ten.Div.lst 7s, 1916
consol. 7s of 1916. .
mtge.6s of 1884-1924

$

1,052,000

390,000

150,000

30,000

35,000

20,000

615,000

140,000i ,

250,000

552,000;
390,000
150,000

30,000
2,500

16,200
615,000;

' 250.666

$ p.c.
500,000 80

8 PC.
400,000 20

8 P.c.
100,000 ....

32,500 100
3,800:

32,500 50 I 16,250

Provided in cash requirements.

140,000110

87,314,126 17.386.465 69,927,661

3,123,000 ,
3,106,000 ..
12,770.000
1,000
4,940,000,
6,000,000i
6,000,000
1.550,000:
1,000.000'

1,400,000;

2,000,000
5,000,0001
3,000,000;
1,500,000;
105,000'

i 3,123,000120
i 3,106,000105
12,770,000 100

j 1,000

1,020,000 3,920.000 100
6,000,000100
6,000,000, 90

1,550,000

1,355,275

660.000

'1,500,666

1,000,000 100

44.725

2,000,000 110
4.340.000 90
3,000,000100

2,155,000.

1,400,000

864,000!

1,000,000

105,000 1
2,155,000 |
1,400,000 }•

864,000; |
1,000,000 J

154,000 50

70,000

64,718,015 . . .

26,995,695

3,207,287

3.192,500

3,747,600; -35 1.093.050
3,261,300 50 j 1.553,000
12,770,000 50 I 6.385.000, 25 .

Provided in cash requirements.

3.920,000 .... 20 784,000

6,000,000i 20 ! l,200,000i

5,400,000 25 1,500,000

' 'i,o6o.666j '46' I " ' 4bo,666| '.'.'.'. \ '.'..'.'..'.'.'..

Securities reserved.

2,200,000 40

3,906,000

3,000,000

800,000

600,000

25

1,085,000

To be treated hereafter.

Total East Tenn. System 56,914,C

6,085,275 50,828,725 . . . . 45,204,<

12,031,050 ... 6,561,500

To carry out tins plan of reorganization, cash to the amount of $14,588,640 will be re-
quired, viz. : to provide for floating debt (as above), $6,310,000 ; car trusts (as above), $2,369,-
564 ; to provide for bonds of Hartwell RR. and for old East Tennessee 6s, $6,000 ; adjust-
ment of interest to March 1, 1892, on securities deposited under the plan, $2,000,000 ; to
retire certain securities named in the plan for acquiring property necessary for reorgan-
ization purposes, and for betterments, legal expenses, etc., (any surplus to be turned over to
the new company), $3,903,076— total, $14,588,640. To provide this sum a syndicate has been
formed to guarantee the sale of $18,235,800 new 1st mortgage 4s, and $6,382 500 new pre-
ferred stock, set aside for that purpose. Holders of preferred or common stock, or of col-
lateral trust os of the Richmond and West Point Terminal Ry. and Warehouse Co., to the
amount of $10,000, may subscribe $1,600 to the cash fund, receiving therefor $2,000 new
1st 4s and $700 new preferred stock ; and proportionately for smaller holdings.

Stock and bonds are listed on the New York Stock. Exchange. Annual meeting, second
Tuesday in December. Books close about two weeks before, and reopen the day after the
meeting. Registrar of stock, Central Trust Co.

Board of Directors, elected March, 1892.

New York, N. Y. Calvin S. Brice ......... Lima, Ohio, i JohnA.Rutherfurd.New York, N.Y.

' T.M.Logan ...... Richmond, Va.

l ! John H. Hall ..... Ne* York, N. Y.

' I John H. Inman.... " "

' i Siduey Dillon. .. " "

' ' Chas M. McGhee ....... Atlanta, Ga.

W. G. OAKMAX, President ................ 80 Broadway, New York, N. Y.

T. M. Logan, Vice- President .............. "

s*t. tec.— A. J. Rauh. .New York, N. Y. | Secretary— Richard Brooke ............. Richmond, Va.

PRINCIPAL OFFICE AND ADDRESS .............................. West Point, Va.

Transfer Office .................................. 80 Broadway, New York, N ^

H. B. Plant
Samuel Thomas.
JayGould
John G. Moore ..
George J. Gould.
Abram S. Hewitt

John C. C«lhoun...
Simon Wormser ...
James Swann ......

Patrick Calhoun. ..
J. C. Maben .......

516 POOR'S MANUAL OF BAILEOADS.

RICHMOND AND DANVILLE RAILROAD COMPANY.

Main Line of Road.— Richmond, Va., to Danville, Va 140.0 miles.

Branches : Belle Isle, Coalfield, etc 12.0 miles.

Milton and Sutherlin RR. : Sutherlin to Milton, N. C 7.0 miles.

State University RR. : University to Chapel Hill, N. C 11.0 miles.

(Piedmont RR. : Danville, Va., to Greensboro, N. C 50.0

j Rich™-' York Riv. & Chesap. RR. : West Pt. to Richmond,Va. 39.0

I North Carolina RR. : Goldsboro' to Charlotte, N. C 223.0

(Atlanta & Char. Air Line Ry.: Charlotte, N.C., to Atlanta, Ga. 269.0— SSl.O^miles.

Total length of lines, Richmond and Danville RR. proper 751.0 miles.

LINES CONTROLLED BY LEASES ; BONDS GUARANTEED BY ENDORSEMENT.

Washington., Ohio and Western RR. : Alexandria to Round Hill, Va 50.0

Northwestern North Carolina RR. : Greensboro to Wilkesboro, N. C. . .100.0
Clarksville & North Carolina RR.:) ,,, , .„ T7 XT n ( 7.0

Oxford and Clarkesmlle RR. : \ Clarksville, Va., to Durham, N. C. ] 5Q;0_ ^ Q ^^

LINES OPERATED UNDER LEASES :

Virginia Midland Ry. & Branches (see statement on page 529) 346.0

Western North Carolina RR. (see statement on page 531) 809.0

"Char., Col. & Augusta RR. & Leased Lines (see statement on page 526). 363.0
Columbia <& Greenville RR. & Leased Lines (see statement on page 528). .296.0
Statesmlle and Western RR. : Statesville, N. C., to Taylorsville, N. C. . . 20.0

Oxford and Henderson RR. : Oxford to Henderson, N. C 13.0

Richmond and Mecklenburg RR. : Keysville, Va., to Clarksville, Va . . 31.5

Northeastern RR. of Georgia: Athens, Ga., to Lula, Ga 40.0

Sigh Pt., Randleman, Ashboro' & South RR. : High Pt. to Ashboro', N.C.28.0— 1,446.5 miles.

LINES CONTROLLED BY OWNERSHIP OF SECURITIES; OPERATED SEPARATELY.

Asheville and Spartanburg RR. : Spartanburg, S. C., to Asheville, N. C. 70.0

Elberton Air Line HR. : Elberton to Toccoa, Ga 51.0

Lawrencemlle RR. : Lawrenceville, Ga., to Suwanee, Ga 10.0

Roswell RR. : Roswell, Ga., to Roswell Junction, Ga 10.0

Hart-well RR. : Hartwell to Bowersville, Ga 10.0

Yadkin RR. : Salisbury to Gold Hill 31.0- 182.0 miles.

Georgia Pacific Ry. : Atlanta, Ga., to Greenville, Miss., and Branches 566.5 miles.

Bait., Cites, and Richmond 8. B. Co. : Baltimore, Md., to West Point, Va.

(estimated equivalent railroad mileage in value and earning power 200.0 miles.

Total, R. & D. System, including Steamboat Line 3,353.0 miles.

Average mileage operated during the fiscal year 3,332.0 miles.

Sidings, etc., — miles. Gauge, 4 ft. 9 in. Rail (steel, — ), 57, 60, and 70 Ibs.

History.— Chartered March 9, 1847 ; main line opened May 16, 1856 ; branches from 1871
to 1874. (For interest in subsidiary lines, see subjoined statements.)

In addition to its railroad lines the company controls the Baltimore and Chesapeake Steam-
boat Co., operating a line of steamers between Richmond and West Point, Va., and Balti-
more, Md.

The Richmond and West Point Terminal Railway and Warehouse Co. was organized
March 8, 1880, in the interest of the Richmond and Danville RR. Co., for the purpose of
acquiring roads not directly connecting with the Richmond and Danville RR. The charter
of the Richmond and Danville RR. Co., at that time, debarred it from owning stock in any
but connecting lines ; but a subsequent amendment removed this prohibition.

The Terminal Co. acquired control of the Richmond and Danville by the purchase of
25,001 shares of the capital stock on November 19, 1886, and it has acquired since then 24,-
761 shares additional, so that all but 238 shares of R. & D. stock were owned by the Terminal
Co. on June 30, 1891.

The auxiliary system is controlled as follows : Roads controlled by leases — bonds guar-
anteed by endorsement. These roads are all leased for 99 years for their net earnings, this
company agreeing to advance any deficiency required to pay fixed charges ; amounts so

POOR'S MA.NUAL — RICHMOND AND DANVILLE RR. CO.

51

advanced to be repaid to this company with interest at 6 per cent, before any dividends can
be paid upon the stocks of said companies.

Operating Leases. — These road.=>, are leased for 99 years for their net earnings. In event
of the net earnings not hems: sufficient to pay fixed charges, this company agrees to advance
any deficiency, the same to be repaid, with interest at 6 per cent, per annum, before divi-
dends can be paid on the stocks.

The roads controlled by ownership of securities, but operated as separate companies, are
operated by this company for account of the several companies, no obligation being assumed
by this company to make any advances.

The Georgia Pacific Railway lease is for 20 years from December 19, 1888. This lease
provides for the operation of the road for its net earnings, this company undertaking to ad-
vance any deficiency in the net earnings to meet fixed charges ; such advances to be repaid
this company, with interest at 6 per cent, per annum, before any dividends can be paid by the
Georgia Pacific Ry. Co. upon its income bonds or stock.

EXTRACTS FROM THE COMPANY'S REPORT.

Yndkln Railroad. — Completed in June, 1891. from Salisbury to Norwood. N. C..41 miles, but 10 miles from
Gold Hill to Norwood were not put in operation till after the close of the fiscal year.

X'tft/i enroll IK i Midland- liuVroad. — Projected from Danville. Va., to Staresville. N. C., or a point in that
vicinity on the Western North Carolina RR.. forming a link in a second line between Charlotte. N. C., and Dan-
ville. Va. The present intention of the company, however, covers the construction only of the line from Wins-
ton to Mocksville, X. C., about 23 miles, and 14 miles of it between Winston and the Catawba River were com-
pleted in June, 1891. but not put in operation till after the close of the fiscal year

Dancllle and Western Rottway.— This company acquired during; the fiscal year the Danville and Western
Ry. from Danville to Stuart, Va., 70 miles (see page 192>. The consideration given for this property was the
endorsement by this company of $500,000 1st mortgage 5 per cent, bonds of the Danville & Western Ry. Co. In
this transaction this company received all of the stock of the Danville & Western Ry. Co., and §552.000 of its 1st
mortgage bonds out of a total issue of $1.052.000. The Danville & Western Ry. is being operated as an inde-
pendent company : its operations are not included in this report.

Jfrmn and Northern Railroad-— During the year the Richmond and Danville became the guarantor, with
the Central RR. ?nd Banking Co. of Ga.. of the entire issue of £2.200.000 of the 1st mortgage 4i- per cent, bonds,
due March, 191)0, of the Macon & Northern RR.. extending from Macon to Athens, Ga. The Mat-on & Northern
RR. was leased June 15. 1891. for 99 years jointly by this company and the Central RR. and Banking Co. of
<5a. In this transaction the Richmond and Danville received one-half of the total capital stock of the Macon
£ Northern RR. Co.. and $150,0(30 in cash for the improvement of that road. The operation of the Macon &
Northern RR. was not assumed by this company until after the beginning of the fiscal year, commencing Julv,
1891.

Rolling Stock, all divisions, June 3G, 1891. — Locomotive engines, 232. Cars — passen-
ger, 181 ; baggage, mail, and express, 89 ; freight (box, 2,755 ; stock and coke, 236 ; platform,
606; coal, gondola, and ore. 1.073), 4,672 ; road cars, 212 — total cars, 5,152.

Operations, etc., by divisions, for year ending June 30. 1891.

'

R. &D. 1 Va. Mid.

W. N. Car.

C. C. & A.

C. & G. N.W.N.C.

W.O.&W. Ga. Pac.

RR. Div. ! RR. Div.

RR. Div.

RR. Div.

RR. Div. RR.

RR.

Ry.

Miles RR. Operated. .

751.0 346.0

309.0

363.0

296.0

100.0 ! 50.0

566.5

Passengers Carried. . .

1.084.477 579,878

223.785

313.187

288.879 91.403! 131.991

551.010

Tons Freight Moved . i 2.969.829 <T ?,66 i

399,065

399,220

393,226 84.833 42.915

1,369,690

C ft

Earnings.— Passeneer 1.49x^1471 918,48838

297:50.5 e,2

•

292.723 24

236.807 32 62.397 65

84.361 53; 566.842 78

Freight.. 3.290.44318 1.041.8*52 of. 072.50734

622.074 (¥5

591.849 48

Ol.^lU 13 5U.31565 i.ua.SM 73

Mail

231.K73SO 157.471 10

24,020 76

35,840 20

20.796 04

6.833 53 3.852 20

54.491 19

Express..

94J>^> 96 7(5.22^ 21

10.675 90 i 18.25253

10,886 09

2.26n 'J2 7,15807

24.256 71

Other.. .

*831,74046 121,93916! 8.33325

23,858 70

15.145 35

221 72

42246

95.425 42

Total Earnings. ..
Exp.— Transportation

5,947.359 11 2.395.929 25 i 1.013.043 77
l.i >84.0S3 .50 588.618 54 ; 908,238 85

992.748 73
228.095 77

875,484 28
100.477 64

133.520 1)5
41.35948

155,10991
33,958 03

1.889.315 83
508.761 40

Motive Power..

918.901 66' 452,315 93! 213.767 87

192,954 84

160.53813 20,416711 33,51656 522,6(3037

Maint. of Cars.

308,141 13 76.822 50, 44.72(5 77

31,86476

27. 138 95 676 2 1 7.335 53 265.998 40

Maint. of Way.

499,226 69 293. 182 3* 1 <2. 476 92

160.720 14

215.62319 36,37500: 24.74330424.16674

Gen. & Taxes..

275.13732 126.09613 46.41210

73.11413 57.72240 6.16483 5.33349151,04684

Total Expenses . .

3.085,49030' 1.537.03547

695.622 51

686.745 64 ! 651.500 31

104.XH2 23

104.S8H91: 1.964.5T3 75

"Net Earnings.

2.861.86881' 85^.89378 31742126

306.t X ''3 09

003 o<3 or os fisr TO

5*3.223 Of i d. 73.257 !)2

:rn. per mile.

7.919 95 6.924 65 1 3,278 46

2,7S4 84 ~ 2,96! 71 1.'33529

3,'l0219 ' 3,33506

:xp. per mile..

4,10850 4.4422'.'; 3.25120

1.891 86

2.201 01

1,04896

2.097 73 ! 3,464 38

Net Earn, per mile

3.^1075 2.4*336 1.02726

756 TO

286 37

1,00446 dff. 12932

Earnings to Expenses

51.88 p. c. 64. 15 p. c.

68.67 p. c.

69.18 p. c.

74.42 p. c. 78.55 p. c.

57.62 p. c.! 103.73 p.c.

* Including income from investments.

The above statement presents all the statistics of operations given in the last annual
report of the Richmond and Danville RR. Co. for the several divisions named. Details of

518

POOR'S MANUAL — RICHMOND AND DANVILLE RB. CO.

earnings, expenses, etc., are not furnished for the following named roads, viz. : Clarksville
and North Carolina, Oxford and Clarksville, Statesville and Western, Oxford and Henderson,
Richmond and Mecklenburg, Northeastern RR. of Georgia, and the High Point, Randleman
and Ashboro', as also the lines owned by ownership of securities, but operated as separate
companies, with the exception of the Georgia Pacific Ry., and are therefore not included above ;
but their earnings and traffic statistics are included in the table for the entire system, which
follows :

Statement showing the earnings, expenses, etc., of the entire system for the years ending
June 30, 1891 and 1890.

ROADS.

Mileage.

Gross Earnings.

Net Earnings.

Fixed Charges and
Taxes.

Surplus.

1891

Miles.
751.0

1890

1891

1890

1891

1890

1891

1890

1891

1890

750,864

Rich. & D. Proper.

R'ds Leas., B'ds )
Guaranteed by v
Endorseraent. )

Operating Leases.
Virginia Midland.
Wes. No. Carolina
Char., Col. & Aug.
Col. & Greenville.
No. Eas. of Georgia
Richm. &Meckl..
Other Roads

Companise Con. J
Operated as V
separare Cos. )

Georgia Pacific...
Grand Total..

Miles.
751.0

5,947,359

5,600,713

2,937,622

$
2,489,261

1,725,219

$
1,738,397

1,212,404

207.0

207.0

386,696

297,255

2,874,883

889,938
912,560
842,231
81,357
63.750
50,159

108,333

34,186

224,849

189,403

*116,516

*155,216

346.0
309.0
363.0
296.0
40.0
31.5
61.0

355.0
302.0
363.0
296.0
40.0
31.5
33.0

2,395,929
1,013,043

992,748
875,484
96,720
61,451
58,068

906,548
888,760

342,643

249,538
33.784
18^25
13,024

765,005
250,308
292,476
278,110
23,072
17,927
*723

743,519
222.560
305,731
278,949
22,170
24,865
25,924

743,053
2-13,130
305,167
276,059
20,127
24,831
25,089

163,029
111,200
36,912
*29,411
11,614
*6,240
*12,899

21,951
7,177
*12,690
2,050
2,945
*6,903
*25,813

1,446-5

1,420-5

5,493,446

5,114,382

1,897,926

1,626,177

1,623,722

1,637,459

274,203

*11,282

382.0

378.7

496,432

420,892

59,919

67,418

105,899

87,658

*45,980

*20,240

566.5

566.5

1,889,316

1,762,938

"18,816

215,507

867,580

731,475
4,384,394

*880,397

*515,968

13,353.0

t3,323 7

14,213,251

13,196,181

4,990,985

4,432,551

4,547,270

443,714

48,157

* Deficit.

t Average miles operated : 1891, 3,332 ; 1890, 3,263 miles.

During the past year the Richmond and Danville proper earned a surplus over operating
expenses, fixed charges, and taxes (as shown above) of $1,212,403.81, from which deduct loss
on roads leased, the bonds of which are guaranteed by endorsement (as per preceding iable)r
$116,516.03, leaving net surplus earned by the R. & D. Co. in excess of its fixed obligations.
$1,095,887.78. The operations of that part of the system from which no fixed obligations
are imposed upon the R. & D. RR. Co. are as follows : Surplus earned by operating leases,
exclusive of Georgia Pacific Ry., as per above table, $274,203.83, from which deduct losses
incurred by companies controlled, but operated as separate companies, $45,980.39 — net sur-
plus, $228,223.44. It will thus be seen that the net results on the Richmond and Danville
RR. , exclusive of the Georgia Pacific Ry., show a profit in operation during the year in excess
of fixed charges and taxes of $1,324,111.22, being an increase over the previous year of
$759,986.72.

Income Account, Richmond and Danville RR. Co., year ending June 30, 1891.

Gross Earnings $5,947,359 11 Interest $754.115 00

Operating Expenses 3,009,736 68

Net Earnings

Sundries Credited during the Year

Surplus, J une 30, 1890

Total $5,738,460 15

$2,937,622 43
28 758 68

Rentals— Richmond,YorkRiv. & Ches. RR
Piedmont RR
North Carolina RR

91,850 00
60.000 00
260,000 00

2,772,079 04

Atlanta «fc Charlotte A. L. RR. .
Dividends on Stock (10 per cent.)
Taxes ,

483,500 00
500,000 00
75,753 62

Balance, Surplus, June 30, 1891

3,513,241 53

$5.738.460 15

Total...

$5,738,460 15

t-O^j £ Claremcre \ /

"^%!jErj rCvm'

/ >^x \ / __

/^J^-^^^^^ «%»-""ZJ/l \?%°*/&X> \ f-M / Tu^omaVn"7^o0^

M r'-M>p:t(^p

A^^V,^,. _^£44 i/»«''i,\/r /?

^•^ V. \ \ / X^£E&^- , ft-Ci * ^

^\. w i LM/" ' 4 rjU/*/ /

SP^Bi ^m'®**

pe!>Fear S s X<

31^ *

AND

CONNECTIONS.

POOR'S MANUAL — RICHMOND AND DANVILLE RR. CO.

519

Statement showing train mileage, passenger and freight statistics, earnings, etc.. on all
lines (including Georgia Pacific Division) of the Richmond and Danville System for the two
years ending June 30, 1891 and 1890 :

1891

1890

1891

1890

Average Mileage Operated
Revenue Train Mileage ;
Passenger
Freight

3,332

4,088,061
5,410,252

3,263

3,758,783
5,087,354

Freight Statistics :

Tons Freight Moved
Tons Moved One Mile

6,951,461
597,269,424

6.321.525
554,608.739

Mixed

531.366

403,378

Satff :

2 75 c

2 78 c

Total

Passenger Statistics :
Passengers Carried— Local. .
Passeng. Carried— Through.

10,029,679

3,186,051
373.419

9,249,515

2.754.805
354,640

A. R. p. P. p^. M.— Through.
Av. R. p. Pass. p. M.— Total
| Av. Rate per Ton per Mile . .

Passenger Earnings

2.63C.
2.71 c.
1.313c.

4,221,77556
7,844 685 69

2.53c.
2.70c.
1.318C.

3.883.134 47
7.311,907 91

3 559 470

3,109,445

Other Earnings

2.146,789 39

2,001.13901

Passenger Mileage — Local . .

46 530 198

46,204 235

Total Earnings .

14.213,25064

13,196,181 39

9 222 265 94

8 763 630 88

,

Net Earnings

4,990,984 70

4.432,550 51

Thesrross and net earnings of all the roads iu the system, with the exception of the Georgia Pacific Ry.,
show a steady increase in the net earnings as well as in the gross. During the past year the " Roads Leased,
Bonds Guaranteed by Endorsement," show an increase of nearly 200 per cent, in the net earnings compared with
the previous year. All of the large roads covered by operating leases, with the exception of the Georgia Pacific,
and Columbia and Greenville, earned largely in excess of their fixed charges during the past year. It is certain
that nearly all of the leased roads, which a few years since appeared to be a burden to this company, are now in
a position not only to be self-sustaining, but to gradually return the advances made by this company to them,
mainly for improvements and betterment of such properties.1'

There was expended during the year, for improvements and betterments, the following
amounts, which were charged to " Cost of Roadway and Property " of the several companies :
R. & D. RR. and fixed leases, $106,156.91 ; roads leased — bonds guaranted by endorsement,
$10,505.33 ; operating leases, $460,599.34 ; companies controlled, but opeiated as separate com-
panies, $36,476.26 — total, $613,737.84, being a decrease, as compared with the previous year,
of $78,591.06.

Statement of operations of the Richmond and Danville RR. proper, and of general balances
of Richmond and Danville RR. Co., for eight fiscal years :

1884

1885

1886

1887

1888

1889

1890 1891

Main Line Owned (Miles). .
Miles of Railroad Operated
Miles of Track Owned
Miles of Steel Rails Owned
Passenger Train Miles

152.34
756.78
193.04
158.00
1,036,820

152.34

75*;. rs

193.04
158.00

152.34
773.98
193.04
158.00

152.34
773.98
193.04
158.00

152.34

773. US
193.04
158.00

152.34
773.98
193.04
158.00

152.34 I 152.60
751.00 | 751.00
182.42 184.34
158.00 158.00

Freight Train Miles
Passengers Carried

1.570,092
656,082
32,346,007
1.319,585
120,016590

s

3.800,382

659,386

661,836 693,355

991,506

870,712

980,568

1,084,477

Passenger Miles

Freight (tons) Moved
Freight (ton) Miles

Gross Earnings

1,451,646

3.981.355
2.231.486

1,500,164 1,671,687

2,243,497

2,401,874

2,777,342
258,668-764

5,600,712
3,111,451

2,969,829
274,520,689

5,947.359
3,009,737

3,992.481 4.152.991
2,121,552 2,287.857

4,510.248
2,569^725

S

5,109,026
2,830,322

Gross Expenses

Net Earnings
Expenses to Earnings

Capital Stock
Funded Debt

2,202,541

1,597,841
57. 95 p. c.
$
5.000.000
7.035,150
791,263
410,431
431,230
1,109,553

1.749,869
56.05 p. c.

5,000.000
9,384,500
469,591
380,310
671,039
1,360,308

1,870,929 1.8ti5.134i 1,940,523
53. 14 p. c. 55. 09 p. c.;56.97p. c.

5,000.000 5.000,000 5.000,000
9.467,400 10,199,300 11.775,220
695,372 .500,823' 307,801
1.036,569! 1,255.567 1.386.223
1,429,905 676,672 984,975
1,531,363 1,903, 191 j 2,386,493

2,278,704 2,489,261
55. 39 p. c. 55.55 p. c.
$ $
5.000,000 5,000,000
12,141.000 13,461.160
241,931 1,220,986
1,759,132 2,034,065
1,000,247 1.109,557
2,609,003 2,771,078

2.937.622
50. 60 p. C.

5,000,000
14,190,760
3.364.783
2,381.926
1,180,284
3.513,242

Bills Pavable
Accounts
Interest and Rentals Due..
Profit and Loss

Total Liabilities
Construction, etc
Advances to RRs. and Dues
Stocks and Bond;?
Materials, etc

14,777,627
7,088,521
1,107,570
5,683.599
337;217
560,720

17,265,748
9,386,283
1,237,826
5.683,599
3:35.578
622.462

19.160.609
9,617,821

19,535,553
9,811,134

21,840,712
10,606,441
2.992,627
5.084,452
476,630
2.680,562

22,751.313 25.597,847 29,630.995
10,822,732 11, 971. 291 1 12,282,733
3,913.6519 5,292.944 6.877.883
4,575.710 5,036,674 6.304.989
537.740 619.648 533.469
2,901,432 2,677,290 3,631,921

1.4-23.723
4,455,TKO
762,550
2.900,755

2.274,470
4,979,060
'758,687
1,712,202

Cash and Cash Items

Total Resources j 14,777.627 17,265,748 19.160.609 19.535.553 21.810.712 22.751.313 25,597,847 29.630.995

520

POORS MANUAL — RICHMOND AND DANVILLE RR, CO.

General Balance Sheet, June 30, 1891.

Cost of Road and Property §12,2*2,733 39

Betterment Acct. A. & C. A. L. RR 1,220,170 57

Advance? to Leaped Lines 5,657,712 25

Securities Owned by the (See page 521). . . 6,304,988 91

Coupon Agencies and Trust Companies.. 343,371 63

Bills Receivable 45,491 74

Material and Supplies 533,468 60

Current Accounts and Dues 1,793,466 90

Miscellaneous Assets 515,301 21

Cash... 1)34,29024

Total Assets $29,630,995 44

Capital Stock $5,000,000 00

Funded Debt 14,190,76000

Bills Payable 3,364,783 30

Accounts Payable 879,20985

Pay Rolls 483,186 01

Coupons and Rental Accts., Leased Lines.. 1,054,063 90
Coupons and Rentals Accrued but not Due 126,219 98
Wages, Coupons & Dividends Uncalled for 345,029 02

Miscellaneous Liabilities 674,501 85

Profit and Loss 3,513,241 53

Total Liabilities $29,630,995 44

Funded debt ($14,190,780) consisted July 1, 1891, of the following :

CHARACTEK or BONDS.

Miles.

Date.

Due.

Interest.

Amount.

Annual
Charge.

Second Mortgage

140.00
140.00
152.34
152.34
152.34

June 1, 1863
June 18, 1867
Oct. 5, 1874
Feb. 1, 1882
Oct. 1, 1886
Sept. 3, 1889

Nove'berl, 1875
May 1, 1890
January 1. 1915
April 1, 1927
October 1, 1936
Septem. 1, 1909

6 p. c.,M. & N.
6 p. c.,M. & N.
6 p. c., J. & J.
6 p. c., A. & O.
5 p. c. A. & 0.
5 p. c., M. & S.

$3,000
16,600
5,996,000
3,368,000
3,436,160
1,371,000

Consolidated Mortgage .

General Mortgage, Gold
Debenture (Income)

$359,760
202,080
171,808
68,550

Consolidated 5 per cent. Mtge.
Equipment Sinking F'd, Gold.

The amount of general mortgage bonds authorized under the mortgage was $6,000,000.
Bonds are for $1,000 each, in coupon form. Trustees, Isaac Davenport, Jr., and George
B. Roberts.

The debentures are CUMULATIVE income bonds, secured by mortgage, dated April 1,
1882, due April 1, 1927 ; interest 6 per cent., IF EARNED, payable April 1 and October 1.
Coupons from October, 1883, to April, 1887, inclusive, were funded in new consol 5s
of 1936. The bonds are a lien subsequent to the general 6s of 1915 on the main line and
branches.

The consolidated mortgage 5 per cent, bonds of 1886 are limited in issue to $14500,000,
and a sufficient number of them are reserved to take up prior liens. The bonds are for $1,000
each, in coupon form, J?ut may be registered at the office of the Central Trust Co. of NewYork,
trustee.

The equipment bonds are in coupon form, for $1,000 each. Authorized issue, $2,500,-
000. It is provided that the company shall pay to the trustee on each interest day a sum
equal to 4£ per cent, of the principal of bonds previously issued, whether any shall have
been redeemed or not, and so much of this sum as is not required to pay interest is to be
used in redeeming outstanding bonds at par aud accrued interest. Trustee, Central Trust
Co. of New York.

The Cincinnati Extension bonds of the East Tennessee, Virginia and Georgia Ry. Co.
are the joint and several obligations of this company and the East Tennessee, and are uncon-
ditionally guaranteed by the Terminal Co. They were issued to secure control of the Ala
bama Great Southern.

The stockholders on June 22, 1891, authorized an issue of $2,000,000 six per cent,
equipment sinking fund bonds, to run 15 years from May 1, 1891, for the purpose of ac-
quiring additional rolling stock and equipment. Arrangements were made to provide,
by these bonds, for the new equipment acquired during the year, amounting to $785,040,
of which amount the R. & W. P. T. Ry. and Warehouse Co. advanced $630,000. This
amount does not appear in the above balance sheet. Since the close of the fiscal year
the new bonds have been delivered to the R. & \V. P. T. Ry. & W. Co. for this amount
advanced.

The stockholders of the Georgia Pacific Ry. Co. on June 20, 1891, authorized the issue of
$1,500, 000 six per cent, equipment sinking fund bonds to run for 15 years from May, 1891, for

BOOK'S MANUAL — RICHMOND AND DANVILLE RR. CO.

521

the purpose of acquiring additional rolling stock and equipment. This company advanced
$42.000. and the Richmond and West Point Terminal Ry. & Warehouse Co. §450,000, to the
Georgia Pacific Ry. Co. for the acquirement of new equipment, which was to be provided
for by the issue of these bonds ; but they have not yet been sold.

'dug Funds. — The fixed charges for the year, covered by the statements of opera-
tions, include the following amounts deposited with the trustees for the purchase of bonds
for the sinking funds, viz.: Richmond & Danville RR. equipment mortgage 5 per cent, bonds
of 1889, $51,590 ; Georgia Pacific Railway equipment mortgage 5 per cent, bonds of 1889,
$51,2-K5. These sinking funds were applied by the trustees to the purchase of bonds, and
the following amounts purchased, and retired : Richmond & Danville RR. equipment mort-
gage 5 per cent, bonds, f 57,000 ; Georgia Pacific Railway equipment mortgage 5 per cent,
bonds, $63,000.

Statement of bonds and stocks owned by the Richmond and Danville RR. Co. on June
30, 1891, and the ipcome or interest received therefrom for the past fiscal year :

BOXDS OWNED.

Total
par
Value.

Rate.

Income on
Dividend
Received.

Valuation
(as per Balance
Sheet).

Bait., dies. & Richmond S. B. Co. Certificates of Indebt's
Clarke Co iVa ) Coupons

250.00000
69.865 00
200,000 00
150.000 00
279.000 00
16.200 00
402.000 00
30,000 00
26.000 00
167.000 00
5.000 00
195.000 00
1.000.000 00
386.100 00
405.000 00
110.000 00
50.000 00
3.000 00
7,000 00

p. c.

.

22.500 00

' io.666 "66

10,500 00

1

250.000 00
69.865 00
170.000 00
150,000 00
222.64* 75
16.200 00
402.000 00
30.000 00
26.000 00
167.000 00
3.500 00
195.000 00
1.000.000 00
289,575 00
413.51 50
111.161 00

E. T.. Va. & Ga. RR." 1st Mortgage Extension Bonds
E \ L RR l*t Mortgage 7 per cent Bond*

Georgia RR. Equipment Mortgage Sinking Fund Bonds. . .
Hartwell RR. 1st Mortgage Bonds
High Point, Rand. Ash. & So. RR. 1st Mortgage Bonds...
Lawrencenlle Branch RR. 1st Mortgage Bonds

10
6

8
6

'6

6

"5
5

1.350 00
24.120 00
2.100 00
2.080 00
10.02000
150 00

Milton and Sutherlin RR 1st Mortgage Bonds . . .

N W N. C. RR. 1st Mortgage Bonds

Maomi Manufacturing Co

Oxford & Hend. RR. 1st Mortgage Bonds

Piedmont RR l*t AIort<rarre Bonds ...

60.000 00
19.300 00

Rich, ct West Point Ter. Rv. & Warehouse Co

Richmond & Danville RR 5 per cent. Bonds..

Richmond & Danville RR. 5 per cent. Bonds
Rowan Co Salisbury Township . ..

Rowan Co Morgan Township

Rowan Co Gold Hill Township. •

""875'66

' i97'56
300.000 00
105.000 00
71.017 50

State of Georoia 3^ per cent Bonds

Static ville & Western RR. 1st Mortgage Bonds
W A; <> 1st Mortgage Bonds

300.000 00
150.000 00
84,000 00
270,000 00

124.900 00
10,00000
100.000 00
1.700 00
100,200 00
212.500 00
13,00000
5.000 00
22.600 00
36.400 00
996,50000
2951800 00
800 00
890,000 00
1.496.700 00
1.000 00
560 00
33 33
20.100 00
16,800 00
1,000 00

19

'6

Wilkes Co. 1st Mortgage Bonds
Yadkin RR 1st Mort^a^e Bonds

2.155 50
17.325 00

Total Bonds

182.475 50

3,992,682 25

168.615 00
4.500 00
10.000 00
l.VOO 00
30.060 00
21.250 00
3.300 00

STOCKS OWNED.
Bait.. Ches. & Richmond S. B. Co .. . ...

Charlotte, Columbia & Augusta RR

Clarksville & North Carolina RR

Danville & New River RR

Elberron Air Line RR
High Point. Rand \sh & So RR

Hartwell RR

International Cotton Exposition.

I/iwrenceville Branch RR

2.290 00
10.827 80
99.650 00
275.326 53

Milton £ Sutherlin RR

N. W. North Carolina RR

Norfolk & Carolina RR.

North Carolina State Exposition

Oxford & Clarksville RR
Piedmont RR

89.000 00
1,496.700 00
3.000 00
40.824 .50
26 00
3.572 91
51,663 92

Piedmont Exposition

R. & W. P. T. R. & Warehouse Co.— Common.

R. & W. P. T. R. & Warehouse Co.— Preferred. ..
Bocwell RR

State University RR

Yorktown Cent. Association

Total Stocks

2,312,306 66

Total Stocks and Bonds

182,475 50 T

6,304,988 91

522

POOK S MANUAL — RICHMOND AND DANVILLE RR. CO.

The first dividend paid by the company was 3 per cent., January 3, 1881 ; the next dur-
ing the year ending September 30, 1882, as follows : 2 per cent. November 15, 1881 ; 3 per
cent. February 15, 1882 ; 2 per cent. May 12, 1882, and 2 per cent. August 15, 1882 ; 3 per
cent. July 1, 1887 ; 5 per cent. July, 1888 ; 10 per cent, each in 1889, 1890, and 1891.

Annual meeting, first Wednesday in December. Transfer books close two weeks before
and reopen the day after the meeting. Interest on bonds payable at the Fourth National
Bank, New York, N. Y.; interest on equipment bonds also payable in London. Stock and
bonds listed on New York and Baltimore Stock Exchanges ; equipment bonds also listed in
London.

RICHMOND AND DANVILLE SYSTEM. — Statement of bohds and guaranteed stocks out-
standing ({. e., not including bonds in company's treasury), including annual interest charges
and sinking funds :

NAME or ROAD.

Miles.

Outstanding.

Fixed Charges.

RICHMOND AND DANVILLE RR

152

50

' 'll
39

223

269

50

'idd

' ' 7.5

$5.997,666
3,368,000
3,031,000

1,261,000

"$359,826
202,080
152,000
I'lnt. and
Sinking
Fund.

Consolidated Mortgage Gold, January, 1915, 6 p. c. J. & J. .
Debenture Mortgage, April, 1927, 6 per cent. A. & O
Consolidated Mortgage, October, 1936, 5 per cent. A. & O..

Equipment Sinking Fund, Gold, Sept., 1909, 5 p. c. M. & S.

CONTROLLED. OPERATED AS PART R. & D. RR.
Piedmont RR

First Mortgage March 1928 6 per cent A & O

all owned
all owned

all owned

Milton and Sutherlin RR
First Mortgage, January, 1907, 8 per cent. J. & J
State University RR

LEASED FOR FIXED RENTALS.
Richmond, York River and Chesapeake RR
Stock (guaranteed under lease) 6 per cent. J. & J

497,500
400,000
500,000

29',856
32,000
30,000

First Mortgage, January, 1894, 8 per cent. J. & J
Second Mortgage, November, 1900, 6 per cent. M. & N. . . .

Stock (rental) 6} per cent J & J

4,000,000

'l,700,o66
500,000
4,250,000
750,000

260,000

102,666
35,000
297,500
45,000

Atlanta and Charlotte Air Line ...

Stock (guaranteed under lease), 6 per cent. M. &. S

First Mortgage, Preference, April, 1897, 7 per cent. A. & O.
First Mortgage, January. 1907, 7 per cent. J. & J

Income April 1900 6 per cent A & O

ROADS CONTROLLED BY LEASES. BONDS GUARANTEED BY EN-
DORSEMENT.
Washington Ohio and Western RR

First Mortgage, February, 1924, 4 per cent. F. & A
* Income (non-cumulative), May, 1924, 6 per cent

1,000,000
625,000

40,000

First Mort^a^e April 1()38 6 per cent A & O

1,333,000

79,980
6MO

Clarksville & North Carolina RR

First Mort^a^e November 1937 6 per cent M & N.

111,000

Oxford and Clarksville ... .

50
350

First Mortgage, November, 1937, 6 per cent. M. & N
OPERATING LEASES.
t Virginia Midland Ry

750,000

600,000
1,900,000
1,100,000 •
950,000
1,775,000
1,310,000
4,859,000
$10,000

45,000

36,000
114,000
66,000
28,500
88,150
66,500
242,950

Serial Mortgages :
1st Series, March, 1906, 6 per cent. M. & S
2d Series March 1911 6 per cent M & S

3d Series, March' 1916, 5 p. c. 5 yrs., 6 p. c. 30 yrs., M. & S.
4thSer.,Mar.,1921,3p.c.lOyrs.,4p.c.lOyrs.,5p.c.20yrs.,M.£S.
5th Series March 1926 5 per cent M &S

6th Series, March, 1931, 4 p. c. 8 yrs., 5 p. c.42 yrs., M. & S.
General Mort^a^e May 1936 5 per cent M & N

Income Mortgage, January, 1927, 6 per cent. J. & J
Charlotteville and Rapidan RR

27

First Mortgage, July, 1913, 6 per cent. J. & J
Franklin and Pittsylvania RR

"si

309
191

450,000

§36,000

First Mortgage, July, 1913, 6 per cent. J. & J
Western North Carolina RR

88,000

§7,000

First Mortgage, July, 1914, 6 per cent. J. & J
Second Mortgage, July, 1914, 6 per cent. J. & J
Charlotte Columbia and Augusta RR

3,S5<>,000
4,110,000

2,6o6',666

500,000
500,000

231,360

140,666
35,000
30,000

First Mortgage, January, 1895. 7 per cent. J. & J. : '.
Second Mortgage, October, 1902, 7 per cent. A. & O
First, Consolidated, July, 1933, 6 per cent. J. & J

POOR'S MANUAL — RICHMOND AND DANVILLE RR. CO.

523

NAME or ROAD.

Miles.

Outstanding.

Fixed Charges.

OPB;IATIN«; LEASES— Con tiiin> </.
•' '' Atlantic Tennessee and Ohio RR

44

<riK-k \&O

400,000
150,000

.m'ioo

250,000
12,500

222.956

100,000
all owned

"'25,666 Rentai

b'.isi j

17,500 I Rental

Fir<t Mort^a^e 1913 6 per cent A & O

99

Siock (guaranteed by the C. C. & A.j, 1J per cent. A. & O.
^ Fir«t Morttrawe July 1900 7 per cent J. & J

r- First Mortgage' July' 1900, 6 per cent. J. & J

"29

Stock (guai-anteed by C. C. & A.), li per cent. O
First Mort(ra°re July 1897 7 per cent J. & J

3,314 i
7,000 [ Rental

Fir%st Mort^a^e July 1897 6 per cent J & J

164

First Mortgage, January, 1916, 6 per cent. J.& J
Second Mort^a^e April 1926 6 per cent. A. & O

2.000,000
1,000,000
299,000

120,000
60,000

Blue Rid^e RR 7 per cent

32

22

Lauren* Railway ....

Fir^t Mort°ra°'e October 1916 6 per cent A & O

all owned

68
"566

5 First Mortgage, January 10. 1932, 5 per cent. J. & J. lOth.

1,000,000

50,000 Rental

Fir«t Mort^ii^e January 1922 6 per cent J & J

5.660,000
310.000
4.653,000
4.504,000

974,000

339,600

** Second Mortgage Income, October. 1923. 6 p. c. A. & O.
Onsol. Second Mortgage, October, 1923, 5 p. c. A. & O
Income Mort^a^e October 1923 5 per cent \ & O

....

232,650

Sinking Fund Gold Equipment, August, 1904, 5 p. c. F. & A.
^tateeyille and Western RR

20
' 13
' 31.5

40

ilnt. and
Sinking
Fund.

First Mortgage. July, 1937, 6 per cent. J. & J
Oxford and flenderson RR

300,000
195,066

315*666

160,000

18,966

First Mortgage, July, 1937, 6 per cent. J. & J
Richmond and Mecklenburg RR

First Mortgage. November. 1921, 6 per cent. M. & N
Second Mortgage, Mav 1!)37. 6 per cent. M. & X.

Xorthea*tern RR Co of Ga

First Morto^e May, 1896, 7 per cent. M. & N.

260,000
315,000

18.200
18,900

General Mortgage, November. 1926, 6 per cent. M. & N. . . .
High Point R. A & S. RR ...

"28

Fir*t Mort^ao-e April 1939 6 per cent J & J

all owned

CONTROLLED BY OWNERSHIP OP STOCKS AND OPERATED FOR
ACCOUNT OF THK COMPANIES.
Asheville and Spartanbnr0' RR

70

First Mortgage, April. 1925, 6 per cent. A. & O...

500,000
215,000

30,000

25,066

Second Mort^a^e, July 1937, 6 per cent. J. & J.

Danville & Western Railway

70

First Mort^a^e, October 1, 1936, 5 per cent. A. & O.

500,000

Elberton Air-Line Railway

51

First Mortgage Bonds, July, 1898, 7 per cent. J. & J

all owned

Lawrenceville RR

10

First Mortgage, Jtfly, 1890, 7 per cent. J. & J ...

all owned

Roswell RR

10

First Mortgage, July, 1900, 7 per cent. J. & J

32,500

2.270
""380

Hartwell RR

10
' 31

First Mortgage, September, 1889, 10 per cent. M. & S. . .
Yadkin RR

3,800

First Mortgage, October. 1940, 6 per cent. A. & O

all owned

Baltimore, Chesapeake and Richmond S. B. Co
Real Estate Bonds 6 per cent F & A

200

162,000
all owned

\ 9.720

1 ».ooo «»"•*

Certificates of Indebedness, 6 per cent. A. & O

Total

3,485

$78,920,650

S4.G5 1,240

Rate per Mile.
05*646

Rate per Mile,
$1,162

* These bonds not guaranteed. t53 miles leased to B. & O. RR. and 9 miles to Chesapeake & Ohio Railway.
; General mortgage 5 per cent, bunds to retire these. § Rental and sinking fund, i Operated by Columbia and
Greenville RR. Co.. under operating lease. 1 Leased by Columbia and Greenville RR. Co. ** Consolidated
second mortgage bonds and income mortgage bonds, half of each to retire these.

Central of Georgia. — In June, 1891, the Georgia Pacific Ry. Co. leased the railroad and
steamship lines owned and controlled by the Central RR. and Banking Co. of Georgia, for the
term of 99 years. Under a contract with the Georgia Pacific, this company assumed the
operation of the Central system, simultaneously with the lease by the Georgia Pacific, but on
March 28, 1892, the lease was declared invalid and the road was restored to the directors as
rs. The following statement, showing the mileage bonds and stocks outstanding and

524

POORS MANUAL — RICHMOND AND DANVILLE BE. CO.

fixed charges of the Central RR. of Georgia system as of June 30, 1891, is taken from the las;
annual report of the Richmond and Danville RR. Co.

CENTRAL RR. OF GEORGIA SYSTEM. — BONDS AND GUARANTEED STOCKS AS OF JUNE 30. 1891.

NAME OF ROAD.

Miles.

Outstanding.

Fixed Charges.

CENTRAL RR. & BANKING Co. OF GA.

First Mortgage. January. 1893, 7 per cent. J. & J

311

$4,999.000
* 4.600,000
4,880,000
all owned
7,500,000

1,022,906

' ibr/joo

4,934 J500

'4SUM

200,000
800,000

2,200,666

S349.930
2;t;,
244,000

' 525,666

Certificates of Indebtedness*. 0 per cent. J. & J

53

' '22

'333

Collateral Trust. May, 1937, 5 per cent. M. & N
Consolidated First Mortgage. April, 1937, 5 per cent. A. & O
Capital Stock, Jnne and December, 7 per cent

LEASED FOB FIXED RENTALS.
Augusta & Savannah RR .. .

Guaranteed Stock, 7 per cent. J. & D
Eatonton Branch

Rent 73,000

Guaranteed Stock, April

Rent 14,000
Rent 345,4 15

Southwestern RR. . .

Guaranteed Stock. 7 per cent. J. & D .

Mobile & Girard RR.

135

Guaranteed Stock. If per cent

12,000
32.000

' t49,566

i 90,000
( 15,000

48.000-
] 2.000

taoMoo

9,000

First Mortgage, June. 1897, 6 per cent. J. & D
First Mortgage, June.! 1897, 4 per cent J. & D

Macon & Northern RR

105

80

First Mortgage, March, 1990, -H per cent. M. & S
PROPRIETARY LINES.
Montgomery & Eufaula RR

First Mortgage. July, 1909, 6 per cent J. & J

1,500,000

Savannah & Western RR

628

Columbus & Western RR. First Mortgage, Jan., 1911. 6 p. c. J . & J.
Columbus & Rome RR. First Mortgage, Jan., 1914, (i p. c. J. & J.
First Consolidated Mortgage, March, 1929, 5 per cent. M. & S

800,000
200.000
6,168,000
160,000

' 624',666
890,000

2,090,000

Rome & Carrolton RR. Bonds

Ocean Steamship Co

300

"is

"J6

35

'iik

First Mortgage, January, 1892, 6 per cent J & J

37,440
§16,300
104,500

ia'.soo

First Mortgage, July. 1920, 5 per cent. J. & J
Chat., Rome & Col. RR. First Mtge.. Sept., 1937, 5 p. c. M. & S
Savannah & Atlantic RR.

First Mortgage, March, 1920, 5 per cent. M. & S. . .

250,000

Upson Co. RR.

Wrightsville & Tennille RR

First Mortgage, January. 1918, 0 per cent. J. & J

' i io',6661

"» 10,000
\ fi.720
"( 6,000-

44, 1 66
(ii»',435-

Port Royal & Augusta RR. .

First Mortgage, January, 1899. G per cent. J. & J. .

195,000

71,000
337,000

Second Mortgage, January, 1898, 6 per cent. J. & J
Income Mortgage, January, 1899, 6 per cent J & J

Port Royal & Western Carolina RR
Augusta & Knoxville RR. First Mortgage, 1900, 7 p. c. J. & J. '.'
First Mortgage, May, 1897, 6 per cent. M. & N

229

630,000
all owned .

CONTROLLED JOINTLY WITH GEORGIA RR.
Western Railway of Alabama

138

"S7

First Consolidated Mortgage, October, 1908, 4i per cent. A. & O. .
Atlanta & West Point RR "

1,543,000

Certificate of Indebtedness, 6 per cent. J & J

111, 332,800

73. M£

*3o6.'ooo

" 17,150
5.250
540

Georgia RR. i of Lease at Fixed Rental, held by Central RR. &
Bankin0' Co. of Georgia

314

Stock

4,200,000
2,000.000
500,000

Debent., July. 1897, $1,000.000. Jan., 1910, $1,000,000, 6 p. c. J. & J.
Debentures. January. 1922, 6 per cent, and 5 per cent. J. & J. . .
Gainesville J & S RR

"65

First Mortgage, 1911. 7 per cent. J & J

245,000
75.000
9,000

Second Mortgage, 1908. 7 per cent. A. & O

::::

First Mortgage, Walton RR., July, 1910, 6 per cent. J. & J

Total .

2,981

$54,916,650

$3,128.969

Rate per Mile.

$18,422

Rate per Mile,
$1,083

* Payable at option of company. t One-half of interest guaranteed by Richmond & Danville RR. Co.

% Principal and interest guaranteed by Central RR. of Georgia. § Authorized issue $1,000,000, to take up 8

p. c. bonds due January 1, 1892. 1 8440,900 owned by Georgia RR. Co., all payable at option of company.

1[ One-half of $600,000 rental.

POOR'S MANUAL — RICHMOND AND DANVILLE SYSTEM. 525

RAILBOADS OWNED OR LEASED BY THE RICHMOND AND DANVILLE RR. Co.

ATLANTA AND CHARLOTTE AIR-LINE RAILWAY.— Atlanta, Ga., to Charlotte, N. C.,
,"4 mile* : total Track istrei. 2(i!Ms; mile- . 3<-r7.lu miles. Gauge. 4 ft. 9 in. Rail 60 and 70 Ibs. Orgiinized
February 27. 1877. as successor to the Atlanta and Richmond Air-Line Ry. Co., whose road was sold under fore-
closure December 5, 1876. Leased to the Richmond and Danville RR. Co. for 99 years from April 1, 1881, at
interest on bonds (including 6 per cent, on incomes), 5 per cent, on stock, and $2,000 for organization expenses ;
the dividends to be increased to 6 per cent, when gross earnings exceed §1,500,000, and to 7 per cent, should they
exceed $ 2.500,000. (See MANUAL for 1891.) Dividends payable March and September ; seventeen payments 2$
per cent", each to March 1, 1890, and three of 3 per cent, each to September 1, 181)1. The company owns the fol-
lowing rolling stock : Locomotive engines, 37 ; cars— passenger. 21 : baggage, mail, etc., 11 ; caboose, 3 ; freight
•ck. 11 ; platform. 58), 249— total, 284. Also. 44 service cars.

.

Financial Stat'ii'tnt. June 30. 1S91 .—Capital stock outstanding ................................... $2T2.000

F'J>i'l>-'i I)-l>t. — I'ref. l*t mice. 7 per cent. 30-year bonds, due Jan. 1. 1907, int. January and July ____ 6,^0,000

1st mortgage 7 per cent, preferred 20-year bonds, payable April 1, 1897, interest April and October ...... 80,000

Income 20-year 6 per cent, bonds, due April 1, 1900 ..................................................... 120,000

Total stock and bonds, representing cost of road .................................................. $1.152.000

Interest and dividends payable at Central Trust Co.. New York City.

Directors • Eugene Kelly, Richard Irviu, P. P. Dickinson. B. R. Me Alpine. R. H. Rochester, Charles M.
For. Charles S. Fairchild. New York. N. Y.: Joseph Bryan. Richmond. Va.: H. W. Sibley. Rochester. N. Y.;
Skipwith Wilmer, Michael Jenkins, Baltimore. Md.: J. D. Garth. Scarsdale. N. Y. EUGENE KELLY, President ;
George Sherman, Treasurer, 54 Wall Street. New York City ; William N. Wilmer, Secretary, 48 Wall Street,
New York City. PRINCIPAL OFFICE AND ADDRESS. 48 Wall S-treer. New York City.

MACON AND NORTHERN RAILROAD.-Macon, Ga., to Athens. Ga.. 105 miles. Sidings. 3
miles. Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs. Successor to the Covington and Macon RR. Co. (chartered in 1685 ;
road opened^July 15, 1888), whose property was sold under foreclosure May 21, 1891. Leased jointly June 15,
1891. to the Richmond and Danville RR. Co. and the Central RR. and Banking Co. of Georgia, which companies
guarantee, jointly and severally, principal and interest of the entire issue ($2,200,000) of 1st mortgage bonds, in
consideration of which the capital stock was divided equally between the lessor companies, and the Richmond and
Danville RR. Co. received $150.000 in cash for the improvement of the road. The operation of this line was not
assumed by lessee* until after July 1. 1891. Financial Xtatfm-. r.t. —Capital stock. $1.000,000 : funded debt, $2,-

. . . .

200.000 1st mortgage 4i per cent. 99-year $1.000 gold coupon bonds, due March 1, 1990, interest payable March and
September, at the ^company's office in New York City. Trustee. Mercantile Trust Co.. New York City. Directors
Delected May 23, 1891).— Alexander Brown, Skipwith Wilmer. W. Checkley Shaw, Baltimore. Md.: Pat. Calhoun,
Alex. C. King, J. J. Spaldiug. Atlanta. Ga.; Robert L. Harrison. New York. N. Y. ALEXANDER BROWN, Presi-
dent, Baltimore. Md. : A. J. Rauh. Secretary. 80 Broadway. New York, N. Y.; A. Craig Palmer. Treasurer. Macon,
Ga. PRINCIPAL OFFICE AND ADDRESS. New York. N. Y.

MILTON AND SUTHERLIN RAILROAD.— Sutherlin, Va.. to Milton, N. C.. 6.5 miles. Sidings,
0.07 mile. Gauge. 3 ft. Chartered in 1S76 : opened in February. 1S78. Operated by the Richmond and Danville
RR. Co., from July. 1882. The road is leased to the R. & D. Co., which owns $36,400 out of a tonal of §61.250
capital stock. Funded debt. 1st mortgage 8 per cent. 20-year bonds, due 1907, interest payable January and July,
$26.000, ail of which are held by the R. & D. Co. Income Account, year ending June 30. 1891.— Gross earnings,
§8,917.29. Operating expenses, $5,903.30. Deficit. $1,936.01. Charges against income : Interest on bonds. $1,-
9r«6.N) : taxes, $475.59— total. $2.472.39. Total deficit for year, $4,458.40. J. W. LEWIS, President : H. W. Hines,
Secretary and Treasurer, Milton, N. C. PRINCIPAL OFFICE, Milton. N. C.

NORTH CAROLINA RAILROAD.-Goldsboro*. N. C.. to Charlotte. N. C.. 222.7 miles : total
track (steel. 177 miles), 23S.15 miles. Chartered January 27. 1849 ; road opened January 30. 1856. The company
has under construction a branch from Raleigh to Carsle'igh Mills, a distance of 2 miles" Leased (September 11,
1871 > to Richmond and Danville RR. Co. for 30 years from October 1, 1871, at a rental of $260.000 a year. Beoiptf
for year ending May 31. 1891.— Rental. $260,000 : temporary loan, $20.000 ; other receipts, $9,041.16 : cash on hand
June 1. 1890, $15.632.20— total. £304.673.36. 7>/>V,>//'s> //>*/./.<.— Dividends. $239.t"'94 : temporary loan. $27.500;
taxes. $10.677.41 ; interest, $848.75 : miscellaneous, $13.2'J5.51 : cash on hand June 1, 1891. $12,354.69— total.
$304.673.36.

From July, 1859, to June 30. 1891, the company paid 29 dividends, 20 of which were in United States
currency, 8 in Confederate money, ai;d one in 8 per cent, mortgage bonds.

General Balance >/><>/. Mny 31, 1891.
Construction and Equipment ................. $4.923. <34 o3 Capital Stock ......................... $4.000,000 00

Railroad Stocks ............................. 25.000 00 j Temporary Loan ...................... 15.000 00

Union Passenger Depot at Raleigh ........... 6,988 24 ' Interest and Dividends Due ............ 122.869 00

Current Accounts .. ...... r .................. 1.4S7 04 , Profit and Loss ................ 831.79520

Cash on Hand ............................... 12,354 69 I

uemanu. interest ana dividends payaoie at cunmston. _\. (j. .Dividends payaoie Juan

Directors (elected July 9, 1891).— On >>art of tt,e Sf,,ft : A. Bunvell. John L. Moi

Theo. F. Kluttz. Salisbury. N. C.: R. W. Thomas, Thomasville. N. C. : M. A. Ansier.

Pace. R. F. Hoke, Raleigh. N. C.: Donald MacRae. Wilmington. N. C. On part ,,? /•//<-

Total Assets $4,969,664 20 [ Total Liabilities $4.969.664 20

Temporary loan of $15.000 is dated September 2, 1889 : bears 6 per cent, interest. Principal payable on
demand. Interest and dividends payable at Burlington. N. C. Dividends payable March and September.

Morehead. Charlotte, N. C.:
jier. Durham. N. C.; W. H.

ington. N. C. On jxirf <>j ///<-• l>i,-eciors : W. F. Korne-

jray. Goldsboro', N. C.; Bennehan Cameron, Stagville. N. C.; H. W. Fries. Salem, N. C.; James H. Holt, Bur
lington. N. C.

ojfirrr*: W. F. KORNEGAY. Prftident. Goldsboro', N. C. ; P. B. Ruffin, Secretary and Treasurer, Bur-
lington. N. C. PRINCIPAL OFFICE. Burlington. N. C.

PIEDMONT RAILROAD.— Danville. Va., to Greensboro, N. C., 48. 4 miles. Sidings, etc.. 7.19 miles
Gauge. 4 ft. 9 in. Steel rail, 48.4 miles. Chartered in States of North Carolina and Virginia in March. 1862. Road
leased to the R. & D. RR. Co. : rental. $60.000 a year. Rental, year ending June 30. 1891, $60.000. Paid interest
on bonds. $60,000 ; taxes, $9.568.47— total. $W.56S.47. Deficit. $4.568.47. Capital stock ($1.496 700 owned by R
& D. RR. Co.). $1.500,000 : funded debt, 1st mortgage 6 percent. 40-year bonds, due March 31, 1928, $500,000 ; 2d
mortgage 6 per cent. 40-year bonds, due March 31. 1928, $500,000— total stock and bonds. $2.500,000 All the
bonds are owned by the R. & D. RR. Co. A. B. ANDREWS. President, Raleigh, N. C.; John W. Hall, Treasurer •
R. Brooke, Secretary, Richmond, Va.

RICHMOND, YORK RIVER AND CHESAPEAKE RAILROAD.-Richmond, Va to
VV est Point. Va., 38.70 miles : total track (steel, 40.31 miles), 52.82 miles. Cause. 4 ft. 9 in. Rail. 56 Ibs Reor^an-
ization of the Richmond and York River RR.. which was sold under foreclosure May 2. 1^72 (See MANUAL/' for

) Leased to the Richmond and Danville RR. Co. in perpetuity from July 1. 1881, for $85.500 per annum
Equipment and operations included in lessee's report. For the year ending June 30, 1891, gross earnings

526 POOR'S MANUAL — RICHMOND AND DANVILLE SYSTEM.

were $203,559.84 ; and net earnings, $34,427.92. Payments by lessee : Interest on bonds, $62,000 ; dividends
(3 per cent, each, January and July), $29,850 ; taxes, $8,209.49 ; permanent improvements, $12,149.81 — total,
$112,209.30. Deficit for year, $77,781.38. Capital stock, $497,500 ; funded debt (1st mortgage 8 percent, bonds.
dated October 15, 1873, and payable January 1, 1894, interest January and July, $400,000 ; 2d mortgage 6 per cent.
20-year bonds, due November 1, 1900, interest May and November, $500,000), $900,000— total. $1,397.500. Contra :
Road and equipment ($16,438.63 per mile), $632,866.97. The funded debt is secured by a trust deed upon all the
works and property owned by the company. A. S. BUFOKD, President ; R. Brooke, Secretary and Treasurer,
Richmond, Va. CORPORATK OFFICE, Richmond. Va.

STATE UNIVERSITY RAILROAD. -University, N. C.; to Chapel Hill, N. C., 11 miles. Sidings
0.18 mile. Gauge, 4 ft. 9 in. Built partly by contributions from the R. & D. Co., which owns 168 shares of its
capital stock, having a par value of $16,800. Capital stock, $31,300. Operations included in those of lessee.
A. B. ANDREWS, President, Raleigh, N. C.; S. Badger, Secretary and Treasurer, Paint Rock, N. C.

AUXILIARY SYSTEM.
LINES CONTROLLED BY LEASES ; BONDS GUARANTEED BY ENDORSEMENT.

CLARKSVILLE AND NORTH CAROLINA RAILROAD.-Clarksville to Durham, N. C.T
7 miles. Gauge, 4 ft. 9 in. Chartered January, 1888 ; road opened. 1888. Controlled by the Richmond and Dan-
ville RR. Co. Capital stock, $100,000 ; bonded debt, $111,000. A. B. ANDREWS, President, Raleigh, N. C.

NORTHWESTERN NORTH CAROLINA RAILROAD.-Greensboro',N. C., to Wilkesboro1,
N. C., 100.14 miles. Sidings, 4.58 miles. Gauge, 4 ft. 9 in. Rail (steel, 85.10 miles), 50 Ibs. Chartered August
21, 1868 : road opened to Winston (Salem), 25 miles, in March, 1873 ; extension to Wilkesboro1 built, 1888^90.
The road is virtually owned by the Richmond and Danville RR. Co. financial Statement, June 30, 1891.— Net
earnings for year ending June 30, 1891, as per statement on paire 517, $28,637.72. Payments : Interest on bonds,
$90,000 ; other interest, $22,^70.72 ; permanent improvements, $4,206.55 ; other payments, $331— total, $117,408.27.
Deficit, $88,770.55. Capital stock, $1,440,600 ; funded debt, 1st mortgage 6 per cent. 50-year bonds, due April 1,
1938, interest payable April and October, $1,500,000 ; current liabilities, $378,539.80— total, $3 319,139.80. Contra :
Cost of road, $2,945,380.15 ; profit and loss, $373,759.63— total, $3,319,139.80. Annual meeting, fourth Thursday
in July.

Officers: A. B. ANDREWS, President, Raleigh, N. C. ; R. Brooke, Secretary, Richmond, Va. CORPORATE
OFFICE, Raleigh, N. C.

OXFORD AND CLARKSVILLE RAILROAD.-Virginia State Line. Va., to Durham, N. C.,
56.50 miles. Sidings, 2.64 miles. Gauge, 4 ft. 9 in. Rail (steel, 59.14 miles), 50 Ibs. Chartered in January, 1885,
and road completed toward the close of 1888. Leased to the Richmond and Danville RR. Co. October 30, 1888.

Income Account, year ending June 30, 1891.— Gross earnings, $12,747.37. Operating expenses, $9,905.60.
Net earnings, $2,841.77. Payments : Interest on bonds, $5,&50 ; other interest, $783.23 ; taxes, $385.72 ; other
payments, $234.65— total, $7,253.60. Deficit for year, $4,411.83.

Financial Statement, June 30, 1891.— Capital stock, $870,000 ; funded debt, first mortgage 6 per cent. 50-year
gold bonds, due November 1, 1937. interest payable May and November, $652.500 : accrued interest on funded
debt, $109,311. 74 -total, $1,631,811.74. Contra: Cost of road, $1,522,500 ; profit and loss, $109,311.74— total. $1,-
631,811.74. The Richmond and Danville guarantees principal and interest of bonds. A. B. ANDREWS, President,
Raleigh, N. C.; N. A. Gregory, Secretary and Treasurer, Oxford, N. C. PRINCIPAL OFFICE, Raleigh, N. C.

WASHINGTON, OHIO AND WESTERN RAILROAD.-Alexandria, Va., to Round Hill. Va.,
50.1 miles. Second track, 8.20 ; sidings, 5.84 miles. Gauge, 4 ft. 8£ in. Rail (steel, 57.35 miles), 50 to 56 Ibs.
Organized June 12, 1883, as successor to the Washington and Western RR. Co., whose road was sold under fore-
closure May 9, 1883. (See MANUAL for 1891.) Leased October 30, 1886, for 999 years, to the Richmond and Dan-
ville RR. Co., and entire capital stock subsequently acquired by the Richmond and West Point Terminal Ry. and
Warehouse Co. Operated in connection with the Virginia Midland Ry. Co.; rental, 30 per cent, of gross earn-
ings : bond interest guaranteed,

Net earnings for year ending June 30, 1891. as per statement on page 517', $50,223. Payments : Interest on
bonds, $40,000 ; other interest, $8.348.81 ; permanent improvements, $6,298.78 ; other payments, $1,613.58— total,
$56,261.17. Deficit for year, $6,038.17.

Financial Statement, June 30, 1891. --Capital stock (par, $100), $1,500.000 ; funded debt (1st mortgage 4 per
cent, bonds, due 1924, interest payable semi-annually), $1,250,000 ; non-cumulative 6 per cent, income bonds,
$625,000— total stock and bonds, $3,375,000.

Directors. — Samual Thomas, John C. Calhoun, T. M. Logan, John A. Rutherford, W. G. Oakman. Nc\v
York, N. Y.; Calvin S. Bn'ce, Lima, Ohio ; Henry Harrison. E. V. White, Leesburg, Va.; R. E. Byrd. Holmes
Conrad, Winchester, Va. ; O. E. Hines, Vienna, Va.; J. Marshall McCormack, Berryville, Va. JOHN H. INMAN.
President ; A. J. Rauh, Secretary and Treasurer, New York, N. Y.? PRINCIPAL OFFICE AXD ADDRESS, 80 Broad-
way, New York, N. Y.

LINES OPERATED UNDER LEASE.

CHARLOTTE, COLUMBIA AND AUGUSTA RAILROAD.— Charlotte, N. C., to Augusta,
Ga., 191 miles. Leased: Atlantic, Tennessee and Ohio RR., 44 ; Chester and Lenoir RR. (including 10. 1 in. W.
N. C. RR.), 109.3 ; Cheraw and Chester RR., 28.6— total leased, 181.9 miles. Total length of lines owned and
leased, 372.9 miles. Sidings, 16.13 miles. Gauge, 4 ft. 9 in. Rail (steel. 103.14 miles), 50 and 56 Ibs. Consolida-
tion. July 9, 1869, of the Charlotte and South Carolina, and the Columbia and Augusta RR. Cos. Controlled by
the Richmond and West Point Terminal Railway and Warehouse Co. (See MANUAL for 1891.) For terms of
leases, see subjoined statements. Leased to the Richmond and Danville RR. Co., for net earnings. May 1. 1886,
this road and its leased lines, were transferred under an operating lease to the Richmond and Danville RR. Co.

Income Account, for year ending June 30, 1891.— Net earnings as per statement on page . $306.0(13.09. i >;,y-
ments : Interest on bonds. $207,500 ; on di-bt, $2,651.83 ; rentals (A. T. & O. RR.. $26,000 : C. & 1- UK. s-_':;..v.i;> :
C. & C. RR., $10,344.21), $58,939.24— total, $269,091.04. Surplus, $36,912.05. Surplus forward ($38,980.11 : sundry
accounts credited, $228.03). $39.208.14. Net surplus, $76,190.19. Deduct sundry accounts charged off, $8,277.94
Net surplus as per general balance sheet, $67,842.25.

General Balance Sheet, June 30, 1891.

Cost of Road and Equipment $5,533.003 63

Chester and Lenoir Extension 132,493 74

C., C. & A. RR. Stock on Hand 115,10000

C. & L. N. G. RR. Stock on Hand 165 85

C. & C. RR. Stock on Hand 9,680 00

Miscellaneous Assets... 2.539 33

Capital Stock $2.578.000 00

Funded Debt Outstanding 3,012.718 81

Interest on Bonds Unclaimed 2,565 00

Richmond and Danville RR. Co 131.856 99

Profit and Loss... 67.84225

Total Assets $5,792,982 55 I Total Liabilities $5,792.982 55

POOR'S MANUAL — RICHMOND AND DANVILLE SYSTEM.

527

Statement of operations, etc.. of C., C. & A. RR., proper, for one year (1884), and of the C., C. & A. and
leased lines for seven years : also capital accounts of the C., C. & A. RR. Co. for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Passengers Carried

154,351
202,732
$
627,854
446,090

216,887
270,588

886,997

462,957

364,010
2,217 66
1.241 50
976 16
55. 98 p. C.

2.57V8,000
2; 108,21 8
234,774
214,769

206,884
262,388

7^5.759

194,667
296,978

826, IK;

521,870

243,889
330,271

?
914,815

555,11-,'

197,440
312,172

694,030
490,323

244,389
371,855

M2.231
688,874

313,187
399,220

'A 749
686,746

Freight vtous) Moved

Gross Traffic Earnings
Expenses and Taxef

Net Traffic Earnings
Gross Earnings per Mile...
Gross Expenses per Mile. .
Net Earnings per Mile
Expenses to Earnings

Capital Stock

181,764
3,287 19
2,335 55
951 64
71. 05 p. C.

8

2.578.000
2.696.917
409,995
110,657

2,080 34
1,415 91
664 43
67. 20 p. c.

2,578.000
2,707.318
134.410
157.^97

304,846
3,499 05
1,958 30
1,540 75
63. 17 p. c.

2,578,000
2,706,218
133,323

178,584

359,703
2,453 24
1,488 63
964 61
60.68 p. c.

2,578,000
2,706,218
59,705
273,097

203,707
1.861 17
1.314 89
546 28
70. 65 p. c.

2,578,000
3,012,218
55,894
54,262"

252,857
2,513 94
1.810 09
703 85
72. 00 p. c.

2.578.000
3.01-2.718
98.723
38,981

306.003
2.734 84
1,891 86
842 98
69. 18 p. c.

2,578,000
3,012,718
134,422
67,842

Funded Debt
Bills and Accounts . ..

Front and Loss

Total Liabilities

5,795,569J 5,735,761 j 5,576,925 5,596,625
5'464824 I'5'284'608 5.302,502 5,344,202
m494 132.494 132.494 132.494
135,430 135,329 135,328 116,909
244,3511 183,330 6.601 3,020

5,617,020
5,374,942

132,494
107,046
2,538

5,700,374
5,440,395

138.494
134,946

2.539

5.468.443

132.494
124.946
2,539

5,792.982
5,533,004

132,494
124,946
2,539

Road and Equipment
Real Estate
Chester & Lenoir Extension
Stocks and Bonds.

Accounts, Cash, etc
Total Resources

5,795.569| 5,735,761

5,576.925 5,596,625

5,617,020

5,700,374

5,728,422

5,792,982

In above table, fiscal years 1884 to 1888 inclusive ended September 30 ; for 18S9. 1890, and 1891, years ending
June 30.

The funded debt consisted, June 30, 1891, of—

1st mortgage (C.. C. & A. RR. ) 7 per cent. 25-year bonds, due Jan. 1, 1895. interest Jan. and July $2,000.000 00

2d mortgage iC.. C. & A. RR.) 7 per cent. 35-year bonds, due Jan. 1, 190','. interest April and October. 500,000 00

1st consol. mortgage 6 per cent. 50-year bonds, due July 1, 1933, interest January and July 500,000 00

Fractional Bonds 218 31

Bonds Chester and Lenoir, guaranteed by C. , C. & A. Ry. Co 12,500 00

The authorized amount of consols, of 1933 is $3.000,000, of which $2,500,000 are reserved for prior issues.

Annual Meeting, first Wednesday in December, at Columbia. S. C. Transfer agency, 80 Broadwav. New
York ; registry office. Central Trust Company, New York. Interest on first and second mortgage bonds and on
the consolidated gold bonds payable at the Fourth National Bank, New York. X. Y. Stock and first and second
mortgage bonds listed on Baltimore Stock Exchange ; also stock and first mortgage bonds on New York
Exchange.

Directors.— A. B. Davidson, M. P. P^gram, Eli B. Spring, J. H. McAden, Charlotte. N. C.: W. L. Rody, Rock
Hill, S. C.: Le Roy Springs. Lancaster. S. C.: J. J. McClure, Chester. S. C.; George H. McMaster. Winiisboro'
S. C.: James Woodrow, F. W. McMaster. Columbia. S. C.: Charles Estis, Patrick Walsh. J. O. Matthewson, Wm.
C. Sibley, Mayor (ex-officio), Augusta, Ga.; Calvin S. Brice, Lima, Ohio : John McAnerney. New York. N. Y.
A. B. ANDREWS. President, Raleigh. N. C.: John C. B. Smith, Treasurer and Secretary. Columbia. S. C.
PRINCIPAL OFFICE AND ADDRESS. Columbia. S. C. New Y^ork Agency, 80 Broadway. New York City.

LEASED LINES OF THE CHARLOTTE, COLUMBIA AND AUGUSTA RR. Co.

ATLANTIC, TENNESSEE AND OHIO RAILROAD.-Charlotte to Statesville, N. C.. 44.91
miles ; total track, 47.04 miles. Steel rails. 1.74 miles. Road completed in 1860 : in 1863 rails taken up and used
for the Piedmont Railroad. Relaid June 22, 1871. Leased for 99 years from October 1. 1881, to the Charlotte.
Columbia and Augusta RR. Co., for $25,000 per annum, being interest on bonds and 4 per cent, on stock. The
company has paid twenty dividends of 2 per cent, each : the first. April 10, 1882, and the last October 10. 1891.
// Statement.— Capital stock. $400.000 : funded debt. $150.000— total. $550.000. Contra : Road and equip-
ment. S612.693.82. Bonds are first mortgage 6 per cent., due in 30 years. There is no floating debt. The stock
is non-taxable, dividends guaranteed for 99 years. E. B. SPRINGS, Prefident : John J. Gormley, Secretary and
Treasurer, Charlotte, N. C. CORPORATE OFFICE, Charlotte, N. C.

CHERAW AND CHESTER RAILROAD.— Chester to Lancaster. S. C., 28.6 miles : total track
(steel, 1.56 miles). 30.85 miles. Gauge, 3 ft. Rail, 30 Ibs. Chartered February 27. 1873 ; road opened throughout
in 1880. Leased and operated by the C.. C. & A. RR. Co., for 1^ per cent, on stock. Locomotive engines 3
Cars— passenger. 2 : freight, 12 ; other, 10— total. 24. Rental for 1889-90— interest and dividends, $10,344.25.
Capital stock ($50 shares)— common, $93,900 ; preferred. $175.0CO : funded debt. 1st mortgage 7 per cent 20-year
bonds, due July 1, 1897. $100.000 ; floating debt. $10.481.41— total, $379,381.41. Construction. $326.924.11 ; equip-
ment. $-28,845 -total. $355,769.11 : other investments. $18.S30 ; cash and cash items, $4.682.30. W. H. HAKDIN
President : D. Hemphiil, Secretary and Treasurer, Chester, S. C.

CHESTER AND LENOIR RAILROAD.-Chester, S. C., to Lenoir, N. C., 109.3 miles, of which
.1 miles from Newton and Hickory is over the Western North Carolina RR., a third rail being laid between
:nose points for the accommodation of narrow-gauge equipment. Total length of railroad owned, 99 2 miles •
total track owned (steel, 27.2), 105 miles. Gauge, 4 ft. 9 in. Rail, 30 Ibs. Locomotive engines. 3. Cars-passen-
ger, 3 : mail. 2 : freight. 18 : other. 7— total. 30. Consolidation, April 3. 1874. of the King's Mountain, and the
tester and Lenoir RR. Cos., leased to the Charlotte. Columbia, and Augusta RR. Co., for 99 years from September
1882. at H per cent, on stock. (See MANUAL for 1891.) Rental, Ib89-90— Interest and dividend?. $23,46625'
Financial Statement.— Capital stock, $348.000 : funded debt, 1st mortgage 7 per cent. 20-year bonds, due Julv 1 19co"
££f ««l Janaary and July, $227.000— total stock and bonds, $575.000. Contra: Construction and equipment'
8628.328. W. HOLMES HARDIN, President, Chester, S. C. : J. J. McLure. Secretary and Treasurer, Chester S c'

528 POOR'S MANUAL — RICHMOND AND DANVILLE SYSTEM.

COLUMBIA AND GKEENVILLE RAILROAD DIVISION,

COLUMBIA AND GREENVILLE RAILROAD. -Columbia, S. C., to Greenville, S. C., 142.50 ;
Hodges to AbbeyviiJe, 11.5 ; Belton to Anderson, 9.8— total, 163.5 miles. Leased ; Blue Ridge Hit., 32.4 ; Laurens
Ry.,29.9; Spartanburg, Union and Columbia RR., 68.0— total, 130.3 miles. All line*, 298.8 miles. Sidings, 24.2
miles. Gauge, 4 ft. 9 in. Rail (steel, 67.07 miles), 50 Ibs. Reorganization, November 24, 1880, after foreclosure
sale April 15, 1880, of the Greenville and Columbia RR. Cos. (See MANUAL for 1891.) Leased May 1, 1886, to the
Richmond and Danville RR. Co., and now operated as the Columbia and Greenville Division of the Richmond
and Danville System. The whole is under control of the Richmond and West Point Terminal Co.

Income Account tot year ending June 30, 1891. — Net earnings, as per statement on page , $22398397
Payments : Interest on bonds. §180,000 ; on debt. $23.395.60 ; rental, S. U. & C. RR., $50,000— total, $253,395.60.
Balance, detic.it, $29,411.63. Deficit forward, $116,157.65 plus sundry accounts charged, $4,244.38), $120,402.08.
Total deficit, $l49,813.6!i. Deduct sundry accounts credited, $1,025— net surplus $148,788. (JO.

Financial Statement, Jove 30, 1891.— Capital scock (common, $1,000,000: preferred, $1,000,000 •> .$2,000,000 ;
funded debt, $8,000,000; interest on bonds unclaimed, $360 ; Richmond and Danville RR. Co., $492,004.52— total,
$5,482,964.58. Contra : Cost of road, etc., $5,210,683.43 ; purchase Laurens Ry., $98,150.98 ; cost of Blue Rid^e
RR., $33,564.29 ; miscellaneous assets, $1,777.16 ; profit and loss, $148,788.66— total, $5,492,964.52.

Funded debt consists of 1st mortgage 6 per cent. 35-year coupon or registered $1,010 gold bonds, dated Jan-
uary 1, 1881, interest January and July, $2,000,000 ; 2d mortgage 6 per cent. 45-year $1.000 bonds, dated April 1,
1881, interest April and October, $1,000,000. Preferred stock dividends (6 per cent.) non-cumulative. Stock and
bonds listed on New York Stock Exchange. Annual meeting, first Thursday in December. Interest payable at
Fourth National Bank, New York. Stock transferred at office of the Richmond and Danville RR. Co., and regis-
tered at Central Trust Co., New York.

Directors C. & G. RR. Co.— Geo. G. Evans, Aiken, S. C. : R. L. McCaughrin, Newberry, S. C. ; John L.
Young, Union, S. C. ; Joseph Walker, Spartanburg, S. C. ; H. Beatie, John Furguson, Greenville, S. C. ; W. C.
Benet, Abbeville, S. C. ; E. B. Murray, Anderson, S. C. ; H. W. Shand, F. W. McMaster. Columbia, S. C. ; W. G.
Oakman, John A. Rutherfurd, New York, N. Y. A. B. ANDREWS. Prf.xi<.!?nt, Raleigh, N. C.: John C. B. Smith,
Secretary and Treasurer, Columbia, S. C. PRINCIPAL OFFICE AND ADDRESS, Columbia, S. C.

Lines Owned and Leased by Columbia and Greenville RR. Co.

BLUE RIDGE RAILROAD.— Anderson, S. C.. to Walhalla, S. C., 32.50 miles. Chartered in 1852 and road
opened in 1859. As projected, will be carried to the Tennessee Line, and there connect with a line now under
construction from Knoxyille south. The total distance between Knoxville and Anderson is about 185 miles.
The State of South Carolina supplied the means for constructing the road ; cost about $2,100,000.

LAURENS RAILWAY.— Newberry, S. C., to Laurens, S. C., 32 miles. Sidings, 1.21 miles. Gauge, 4ft. 9 in.
Chartered in 1849 ; road opened in 1854. Sold under foreclosure January 4, 1881 ; transferred to existing company
(which is wholly controlled by the C. & G. RR.), April 1, 1881.

SPARTANBURG, UNION' AND COLUMBIA RAILROAD. — Alston, S. C.. to Spartanburg, S. C., 68.03 miles.
Sidings, 4.42 miles. Gauge, 4 ft. 9 in. Originally the Spartanburg and Union. Sold under foreclosure June 7,
1880. Leased to C. & G. RR. Co. for 99'years from April 1. 1881, at $50,000 a year. Rolling Stock.— Locomotive
engines, 4 ; passenger cars, 3 ; combination, 3 : freight box, 6 : flat, 14 : stock, 3), 23— total, 29. Cost to date of
sale, $1,340.582 ; cost to present company, $308,000. No balance sheet furnished. Annual meeting, Wednesday
after first Monday in July. ROBERT W. INMAN, President, New York, N. Y. ; A. L. White, Secretary, Spartan-
burg, S. C.

HIGH POINT, RANDLEMAN, ASHEBORO' AND SOUTHERN RAILROAD. -High

Point to Asheboro', N. C., 27.7 miles. Sidings, 2.55 miles. Steel rails, 27.7 miles. Gauge. 4 ft. 9 in. Chartered,
1887 ; road opened, 1889. Operated by the Richmond and Danville RR. Co. Gross earnings, year ending June
30, 1891, $26,972.34. Operating expenses, $18,115.84. Net earnings, $8,856.50. Payments: Interest on bonds,
$24,120 ; taxes, $458.48 ; improvements, $56.92 ; other payments, $818.90— total, $24,949.30. Deficit, $16,092. SO.
Capital stock, $250,000 ; funded debt, 1st mortgage 6 per cent, bonds, due April, 1939, interest payable January
and July, $402,000 ; due R. & D. RR. Co., sundry account. $41,822.59— total, $693,822.59. Contra : Cost of road,
si;5v!.0:>0 ; profit and loss, $41,822.59— total, $693,822.59. A.B.ANDREWS. President; II. W. Miller, Secretary,
Raleigh, N. C. ; John W. Hall, Treasurer, Atlanta, Ga.

NORTHEASTERN RAILROAD OF GKEORGIA.-Athens, Ga., to Lula, Ga., 39 miles. Sid-
ings, etc., 5 miles. Gauge, 4 ft. 9 in. Rail (iron), 45 Ibs. Chartered October 17, 1870 ; road opened September 1,
1876. The Richmond and West Point Terminal Co. owns a majority of the stock ana all the bonds, and the Rich-
mond and Danville RR. Co. operates the line in connection with its Atlanta Air Line. (See MANUAL for 1890.)
Ro'.ling Stock.— Locomotive engines, 2. Cars— passenger, 2 ; baggage, etc., 2 ; freight (box, 7 ; platform, 8), 15—
total, i9. Operations for year ending June 30, 1891. — Train mileage and traffic statistics not reported. Gross
earnim
$1
de

Construction and equipment, $827,133.40 ; bills and accounts. $8,313.53 ; cash on hand, $17,192.56 ; profit and loss,
$83,272.15— total, $935,911.64. Funded Debt.— 1st mortgage 7 per cent. 20-year coupon $500 bonds, due May 1,
1896, indorsed by the State of Georgia, interest May and November, payable in Athens, Ga., $260,000 ; general
mortgage 6 per cent. 45-year bonds, due November 1, 1926, $315,000. The latter are dated November 1, 1881, due
November 1, 1926, bear interest at rate of 6 per cent, per annum, payable May and November, in Athens, Ga., and
New York, and amount to $590,000, of which $275,000 are reserved and held by the Central Trust Co. of New
York, to retire the outstanding first mortgage bonds. The $315,000 outstanding are owned by the Richmond and
West Point Terminal Co. Annual meeting, third Wednesday in October. Trustees of 1st mortgage, R. K.
Reaves and R. L. Moss. Registrar of stock, H. H. Linton, Auditor. Directors.— J. H. Inman, New York. N . V. ;
A K. Childs, Julius Cohen, E. R. Hodgson, R. Nickerson, James White, R. K. Reaves, H. Beusse, G. II. Yancey,
G. E. Deadwyler, C. G. Talmadge. Athens, Ga. ; T. J. Carr, Maysville. Ga. ; Geo. S. Scott. New York, N. Y" ;
J. M. Orr, William J.Morton, Athens, Gn.; S. M. Inman, Atlanta, Ga. R. K. REAVKS, President ;E. R. Hodgson,
Secretary ; R. L. Moss, Treasurer, Athens, Ga. PRINCIPAL OFFICE AND ADDRESS, Athens, Ga.

OXFORD AND HENDERSON RAILROAD.-Oxford to Henderson, N. C., 13 miles. Siding*,
0.46 mile. Gauge, 4 ft. 9 in. Rail (steel 1.41 miles), 45 Ibs. Chartered May 24, 1880 ; road opened August 16. 1881.
Leased for 99 years to the Richmond and Danville RR. Co., October 30, 1888. Locomotive engines. 2. Cars-
passenger, 2 ; baggage. 1 ; freight (box, 5 ; platform, 3), 8 — total, 11. Gross earnings year ending June 30, 1S91,
$•21,102.56. Net earnings, $6,448.18. Other receipts, $120.87— total income. $6,569. Paid taxes, $509.22. Mis-
cellaneous, $97.11— total, $606.5-3. Surplus, $5,962.67. Capital stock, $325,000 ; 1st mortgage 60-year 6 percent,
bonds, due July, 1937, interest payable May and November, $195,000 : Richmond and West Point Terminal Co.,
$31,488.19— total, $551,488.19. Contra : Cost of road and property, $528.220.94 : due by R. & D. RR. Co., $6,073.-
89; profit and loss, $17,193.36— total. $551,488.19. A. B. ANDREWS, President, Raleigh, N. C.; J. A. White,
Secretary and Treasurer, Oxford, N. C.

POOR'S MANUAL — RICHMOND AND DANVILLE SYSTEM.

529

RICHMOND AND MECKLENBURG RAILROAD.-Keysville, Ya., to Clarksville, Va., 31.3

miles. Sidings. l.l'.i mile-. C.aui:r. 4 ft. 9 in. Rail (steel. 81.80mile0), 40 and 56 Ibs. Owned by Richmond and

•int Terminal Kail way and Warehouse Co. Leased fur 99 years from November 1. 1888. Rolling Stock.—

Locomotive engine. 1. Cars pasfenyer. 1 : freight. 12— total car*. 13. Income Account^ year ending June 30,

Is'.il Gross earnings, $61,451.56. Operating expel '-X. Net earnings. $18.625.24. Add other receipts,

§2 007 or, -total income, §20.632.30. Payments: Interest ofc bonds, $18,900; other interest, $3,698.36; taxes,
; other payments, $276.50 -total, $25,171.98. Deficit for year. $4.53'.uK Financial St<itfn»-i>t, .Tune 30,
18!M Capital stock. :?.'}57.900 : funded debt list mortgage 6 per cent. 39-year bonds, due November 1. 1921. iuter-
os: M.i\ and November. «3l.~>.iHX> ; 2d mortgage 6 per cent. 50-year bonds, due 1937, interest May and November,
"..000 ; current liabilities. $74,108.01— total, $907.008.01. Contra ; Cost of road, $750,257. 11 ; cash and
current assets, 3111.25 : profit and loss. $156,639.65— total, $907,008.01. 'Jinix P. M< PHAIL, JR., Pre.<ii<.l>-nt ; Thomas
Ea-ify. *.:•!•<_ (</}•>/. Clarksville. Va.; W. E. Turner, Treasurer, Richmond, Va. PRINCIPAL OFFICE AJfD ADDRESS,
Clarksville. Va.

STATESVILLE AND WESTERN RAILROAD.- Statesville. N.C.. to Taylorsville. N. C.. 20.30
•-idings. u.f,7 mile. < iauije. 4 ft. '.» in. Kail, 56 Ibs. Chartered March 2, 1887 ; road opened Septeml

. .

Cross earnings, year ending June 30, 1891, $9,993. '20. Operating expenses. ;?12.27;I>4. Deficit, |S
Paid interest. $888.40; taxes. $451.55— total. SI. 284.95. Deficit for year, £3.564.59. Fitxi.,-,,-\<-i.l Xt<ittni<xt.—
Capital stock, $500,000 ; funded debt (1st mortgage 6 per cent. 50-year bonds, due Julv 1. 1937. interest payable
January and July). $300,000. R. & D. RR. Co. $8,665.78 ; R. & W. P. T. & W. Co.. $59,130— total. $867,795.78-
Contra: Cost of road, $800.000 : profit and loss, $67.795.78— total. £867,795.78. Stock and bonds all owned by
the Richmond and West Point Terminal Railway and Warehouse Co. A. B. ANDRUW-. Kaleigh,

N. C.; R. Brooke, Seerrtary, Richmond, Va. ; Treasure)'. John W. Hall, Atlanta. Ga. PRINCIPAL OFFICE AND
ADDRESS, Richmond, Va.

VIRGINIA MIDLAND RAILWAY.— Alexandria, Va., to Orange, 79.10 : Charlottesvilk. Va.. to
R. & D. Junction, at Danville. Va.. 125.08 : Manassas Junction to Strasburg, 61 ; Calverton to Warreuton, 8.90 ;
Franklin Junction to Pittsville, 7.10 : at Front Royal. 1— total, 282.18 miles. Leased : Char1»ttf.svi!!r <i/,i! Rupi-
d'i/i Ii R., Orange to Charlottesville. 28.22 ; Franklin ami PUteylvonia RR.. Pittsville to Rocky Mount. 58.12.
Trackage : Washington Southern RR., Alexandria to South end Long Bridge. 8.6 miles ; Baltimore and Potomac
RR., South end Long Bridge to B. & P. Station. Washington. 3 miles. Total all lines, 351.90 miles. Sidings
(owned. 44.63 : leased, 6.56). 51.19 miles. Gauges, 4 ft. 9 in. and (39.3 miles), 3 ft. Rail— iron, 50 and 70 : steel
r27it.SU miles). 60 and 70 Ibs. History. — Organized February 1, 1881. as successor to the Washington City. Virginia
Midland and Great Southern RR. Co., whose road was sold under foreclosure December 30. 1880. (See MANUAL
for IS'.to. i Leased to the Richmond and Danville RR. Co. April 15. 1886. the lease providing for the conversion of
this company's bonded debt into one general mortgage for $12,000,000, upon which the lessee sruarantees 5 per
cent, interest. Under a contract entered into December 23. 1890. and to endure for 99 years from March 1. 1891,
the Chesapeake and Ohio leases 9 miles of this company's line, from Gordonsville to Orange C. H.. and has
trackage rights over the line from Orange C. H.. to Alexandria.

Statement of operations, capital account, etc., for eight years :

1884
- spt. 30.

1885

Sept, 30.

1886 1887 1888

Sept. 30. Sept. 30. > Sept. 30.

1889

June 30.

1890

June 30.

1891

| June 30.

Miles of Road Operated
Passengers Carried

361.70
386.224
438,002

778.749
175,797

361.70

37 s. 136
410,757

s

566,983
724,370
173,773

361.70 361.70 361.70
362,601 ' 379.653 416.084
427.665 522,738 571,759

537.172 594.247 7l\947
740,637i 761,976 7
184,644| 190,1941 291,190

361.70
424,948

701,419
$
74*.4'.;«J
915,051
200,199

361.70 ! 346.00
504.17H 579.878
866.442
? 8
889.331 998,438
1.03S.844 1,041,863
256.<:.5> 266:378

Freight (tons) Moved

Passenger Earnings
Freight Earnings

Other Earnings"

Gross Earnings
Operating Expenses

Net Earnings
Rental Received

Available Revenue

1,536,580
999,217

1,465,126
890,432

1.462.453 l,i 546.417 1.800,426
1,081,974 1,055,739; 1,099,823

1,863.749
1,283,319

2,185.133 2.306,679

1.555.164 1.537.03.-)

537,363

474.694
89,250

380.479 494,678 700,603
89,250 89,2.50 89,250

580,430
89,2.50

629.969! 769,644

-'.'.250 &9.250

626,613
48,300
59(5.439
2.24s -,'2
2,76256
1,48566
64. 95 p. c.

354.70
386.21
154.95
$
6,000,000
11,287.902
381.316
233,477

5*33.944
42.300
600.128
4.U50 66
2.73s 27
1.31230
67. 60 p. c.

354.70
386.21

165.50
$
6,000,000
11.6:35.000
362,685
302,026

469,788

42.300
523.713
4,04328
2,991 36
1.051 92
73. 98 p. c.

354.70
886.21
165.50
$
6,000.000
11,6:35,000

557.940

583,928
42,300
500,286

4,275 14
2,907 76
1.367 38
64. 30 p. c.

354.70
386.21
233.50

6.000.000
11,914,800

"'323.i47

789,853
42,800

626! 130
4,!i77 67
3,040 70
1.936 97
61.00 p. c.

354.70
395.05
232.90

6.000,000
12,461,000

223.416

669.680
35.300
688,700
5.15275
3,54$ 02
1.60473
68.86 p. c.

354.70
395.05
231.10

6,000.000
12,496.000

719.219
36,296

661.970

6.f41 5'd
4.299 60
1.741 99
71. 17 p. c.

354.70
395.05
255.03

6.000,000
12.496,000

858.894
35,300
660,665
6,63780
4.442 29
2.19551
66. 33 p. c.

354.70
395.05
279.89
-
6.000,000
12,496.000

" ' ' 5io',204

Rentals Paid

Interest Paid.

vtrnings per Mile
Operating Expenses p. Mile
Net Earnings per Mile
Expenses to Earnings

Miles of Road Owned. . .
Miles of all Track Owned
Miles of Steel Rail Owned..

Capital Stock

Funded Debt
Other Debt ....II..
Other Accounts

Total

17.902.695
17.465.397
105,442
170.468
64,332
64,348

18.299.711
16.416,235
94.500
181.245
10,564
1.457.467

18.186.507s 18.237.947
16.575.405 Ui.79ti.sj7

18.684.416

17,117.202

18.983.0251 18.824.580
17.255.2oS 1S.IN6.506

19,006,204
18,366,482

Cost of Road and Property.
Materials and Supplies...
Connecting Lines, etc
Cash and Bills

20,563
' "1,328,849

66,296
1,059,636

73,587

73,587

73,587

73,587

Stocks Owned
Current Accounts

1,059.637

35.710
398.280

1,059.637
56.029
588,564

25.600 25.600
53,487, 53.487
585.340 487,047

Profit and Loss

32.708

139,700

261,690

315,155

Total

17,902,695

18,299.711

18,186,507 18.237.947

18,684,416 18.9a3.025

18,824,580 19,006,204

34

530 POOR'S MANUAL — RICHMOND AND DANVILLE SYSTEM.

Income Account for year ending June 30, 1891.— Net earnings as per statement on page 517, $858,893.78.
Payments : Interest on funded debt, $645,081.70 ; on floating debt, $15,482.98 ; rental C. & R. RR., $35,300— total,
$695,864.68. Net income, $163,029.10.

Projit and Loss Account for year ending June 30. 1891.— Balance to debit June 30, 1890, $585,339.84 ; sundry
accounts charged, $68,777.11— total, $654,116.95. Contra: Balance of income account, $163,029.10; sundry
accounts credited, $4,040. 74— total, $167,069.84. Deficit, as per balance sheet, $487,047.11.

General Balance Sheet, June 30, 1891.

Cost of Roadway and Property $18,366,482 24

North Carolina Midland RR. Co 73,587 32

Capital Stock to Retire Old Stock 25,600 00

Individuals and Companies . . 53,487 11

ProfitandLoss 487,04711

Total Assets $19,006,203 78

Capital Stock $6,000,000 00

Funded Debt 12.496,000 00

Old Common and Preferred Stock 31,743 65

Income Bond Scrip 2,665 28

General Mortgage Bond Scrip 3,016 42

Capital Stock Scrip 1.010 51

Richmond and Danville RR. Co 471,767 92

Total Liabilities $19,006,203 78

The funded debt consisted, June 30, 1891, of the following :
Series. CLASSIFICATION OF BONDS. Authorized. Outstanding.

1st— 6 per cent. 25-year bonds $600,000 $600,000

2d— 6 per cent. 30-year bonds 1,900,000 1,900,000

3d— 5 per cent, bonds for 5 years, and 6 per cent, for 30 years 1,100,000 1,100,000

4th— 3 per cent, for 10 years, 4 per cent, for 10 years, and 5 per cent, for 20 years 950,000 950,000

5th— 5 per cent. 45-year bonds 1,775,000 1,775,000

6th— 4 per cent, for 8 years, and 5 per cent, for 42 years 1,310,000 1,310,000

General Mortgage 50-year 5 per cent, bonds 12,500,000 4,850,000

Total amount mortgage bonds. June 30, 1891 $20,135,000 $12,485,000

Income Bonds 4,000,000 11, '000

Total funded debt, June 30, 1891 $24,135,000 $12,496,000

The six series of mortgage bonds are all dated March 1, 1881. The first series of bonds is secured by a first
lien on all lines between Alexandria and Gordonsville, including the lease of the Charlottesville and Rapidan RR. ;
the second series by a second lien on the same line, and a first hen on the line between Charlottesville and Lynch-
burg ; the third series by a third lien on lines between Alexandria and Gordonsville, and a second lien between
Charlottesville and Lynehburg ; the fourth series by a fourth lien on lines between Alexandria and Gordonsville,
and a third lien between Charlottesville and Lynchburg ; the fifth series by a fifth lien on lines between Alexan-
dria and Gordonsville, a fourth lien between Charlottesville and Lynchburg, and a first lien on the road from
Manassas Junction to Harrisonburg, and on the lease of the Strasburg and Harrisonburg RR. toB. &O. RR. Co.:
the sixth series by a first lien on road between Lynchburg and Danville, including Pittsville Branch and lease of
Franklin and Pittsylvania RR., and a sixth lien on the lease of the Charlottesville and Rapidan RR. Trustees,
Robert T. Baldwin, J. Willcox Brown, and Robert Garrett. Interest payable at Baltimore, Md., or at the Fourth
National Bank, New York, N. Y.

The general mortgage bonds are dated 1886, due May 1, 1936. They are for $1,000 each, in coupon form, but
may be registered at the oflice of the Central Trust Co., trustee. Interest guaranteed by the Richmond and Dan-
ville RR. Co., and payable May and November at office of the Central Trust Co., New York, N. Y. Sufficient of
them are held for serial bonds and incomes. Listed on the New York Stock Exchange.

Annual meeting, third Wednesday in December, at Alexandria, Va.; books close fifteen days previously, j

RAILEOADS LEASED BY THE VIRGINIA MIDLAND RY. Co.

CHARLOTTESVILLE AND RAPIDAN RAILROAD.-Orange C. II. to Charlottesville, Va.
(steel), 28.20 miles. Chartered February 12, 1872 ; amended February 6, 18V8. Leased in perpetuity to the Vh-
ginia Midland Ry. Co. at $35,250 a year, January 1, 1914. Part of this rental is annually applied to the reduction
of the mortgage debt of the company. On January 1, 1914, this debt will have been paid in full, and the road
will then be merged into the Virginia Midland. Income Account, year ending June 30, 1890. — Balance on hand
July 1, 1889, $4,667.99 ; rental, $35,250— total, $39,917.99. Paid interest on bonds, $26,619 ; sinking fund, $8,100 ;
other, $203.75 ; balance on hand June 30, 1890. $4,995.24. Capital stpck (par, $50), $142,830 ; funded debt, first
mortgage 6 per cent. 34-year sinking fund bonds, due March 1, 1913, interest payable January and July at office of
Philadelphia Trust, Safe Deposit and Insurance Co., Philadelphia, Pa. (authorized, $500,000), $439,600— total,
$582,430. Cost of road, $650,000. The mortgage provides that stocks be retired simultaneously, and pro rafa,
with bonds. L. W. REID, President ; J. S. B. Thompson, Secretary and Treasurer, Alexandria, Va.

FRANKLIN AND PITTSYLVANIA NARROW-GAUGE RAILROAD.-Franklin Junc-
tion, Va., to Rocky Mount, Va., 37 miles. Sidings, 1.8 miles. Gauge, 4 ft. 8£ in. Rail, 56 Ibs. Chartered March
12, 1878. Leased from May 1, 1880, date of completion, for 34 years to the W. C., V. M. & G. S. RR. Co. and its
successor, Virginia Midland Ry. Co.; the lessee to pay from gross earnings interest on bonds and sinking fund of
1 per cent, per annum, the remainder of gross earnings to be applied to reimbursement of lessee^for expenses of
operating. Any surplus after the latter paj'ment to be applied to interest and principal of the $200,000 stock
bonds. Gross earnings, year ending June 30, 1891, $24,279.28. Operating expenses, $28,793.59. Deficit, $4,514.31.
Add interest on bonds, $7,000 ; taxes, $572.10-total deficit for year, $12,086.41. Capital stock, $200,000 ; funded
debt, 1st mortgage 6 per cent. 34-year sinking fund bonds, due July, 1913, $100,000— total, representing cost of
road, $300,000. G. W. B. HALE, President, Rocky Mount, Va. PRINCIPAL OFFICE, Rocky Mount, Va.

Hoard of Directors, Virginia Midland Railway Co.

George Parsons New York, N. Y.

J. C. Maben

Joseph Wilmer Rapidan, Va.

John W. Burke Alexandria, Va.

G. S. P. Triplett Richmond, Va.

E.S.Reid Chatham, Va.

James B. Pace Richmond. Va.

John H. Inman. . . .New York, N. Y.

R. F. Mason. . . .Charlottesville, Va.

Jno. S. Barbour Alexandria, Va.

Alex. D. Payne. . .Warrentown, Vn.
C. G. Holland Danville, Va.

Chas. M.Blackford.. Lynchburg, Va. John McAnerney.. " " J. T. Lovell Front Royal, Va.

E. D. Christian Richmond, Va.

T. M. LOGAN, President New York, N. Y.

John S. Barbour, Vice- President Washington, D. C.

Secretary— W. H. Marbnry Washington, D. C. | Treasurer, John W. Hall Atlanta, Ga.

PRINCIPAL OFFICE AND ADDRESS 168 King Street, Alexandria, Va.

New York Office .80 Broadway.

POOR'S MANUAL — RICHMOND AND DANVILLE SYSTEM. 531

WESTERN NORTH CAROLINA RAILROAD DIVISION.

"WESTERN NORTH CAROLINA RAILROAD.— Salisbury, N. C., to Paint Rock, Tenn., 190 :
Murphy Brandt • Asheville to Murphy. 116.12— total, 309 miles. Sidings, etc., 33.07 miles. Gauge. 4 ft. 9 in.
Rail (steel, 210.05 miles), 50 to 60 Ibs. Chartered February 15, 1855. Main line opened throughout, January 28,
1882; Murphy Branch in 1890. (See MANUAL for 1890.) The road was leased to the Richmond and Danville
RR. Co., April 30, 1886. for 99 years.

Incon« Account, for year ending June 30, 1891.— Net earnings, as per statement on page 518. $317,421.26.
Payments : Interest on bonds, including those held by Richmond and West Point Terminal Ry. & W. Co., $227,-
250 ; interest on floating debt, $58,471.26— total, $285,721.26. Net income, $31,700.

Profit and Loss Account, for year ending June 30, 1891.— Balance to debit June 30, 1890, $972,561.70 ;
sundry accounts charged, S12.857.59— total, $985,419.29. Contra: Balance of income account, $31,700 ; sundry
accounts credited, $1,909.39— total, $33,609.39. Deficit, as per balance sheet, $951,809.90.

General Balance Sheet, June 30, 1891.

Cost of Road and Property $16,675,084 46

Individual and Companies' Balances 2,889 99

Profit and Loss. . . 951,809 90

Total $17,629,7*1 35

Preferred Stock. . . • $4,000,000

Common Stock 4,000,000— $8,000,000 00

Funded Debt 7,910,000 00

Unpaid Interest 8,286 54

Richmond & Danville RR. Co 1,002,838 22

Richmond & W. P. Ry. & W. H. Co 708,659 59

Total $17,629,784 35

Funded debt consisted, June 30, 1891, of—

1st consol. mtge. 6 pei cent, bonds, dated September 1. 1884, due 1914, interest Jan. and July $3.800,000

3d consol. mortgage 6 per cent. 30-year bonds, due October 1, 1914. interest April and October 4,110,000

The first consolidated mortgage bonds are limited in issue to $12.500 per mile of completed railroad, b}- sub-

and W. Co. Bonds of all classes are $1,000 each and coupon. (See statement for Terminal Co.) Annual meeting,
fourth Wednesday in November, at Asheville, N. C.

. Directors.— K. B. Andrews, Raleigh, N. C. ; J. W. Cooper. Murphy, N. C.; S. H. Wiley, Salisbury, N. C.;

C. S. Brice, Lima, O. ; John A. Rntherfnrd. W. G. Oakman,"J. H. Parker. New York, N. Y.; Frank Coxe, J. E.
Rankin, Asheville. N. C. : G. P. Erwin, Morganton. N. C. A. B. ANDREWS, President ; Frank Coxe, Vice- Presi-
dent, Asheville, N. C.: Geo. P. Erwin, Secretary and Treasurer, Morganton, N. C. PRINCIPAL OFFICE AND
ADDRESS, Asheville, N. C.

ROADS CONTROLLED BY OWNERSHIP OF STOCK ; OPERATED AS SEPARATE COMPANIES.

ASHEVILLE AND SPARTANBTJRG.-Spartanburg, S. C., to Asheville, N. C., 69.50 miles. Sid-
ings, etc., 4.6 miles. Gauge, 4ft. 9 in. Rail (steel, 48.7 miles), 50 to 60 Ibs. Reorganization of the Spartanburg
and Asheville RR. Co., who(>e road was sold under foreclosure April 4, 1881. Extension to Asheviile opened
July 13, 1886. Controlled by the Richmond and West Point Terminal Co., which owns $1,074,981 stock and
$215,000 2d mortgage bonds, and has pledged them (except a few shares of stock) under its collateral trust of 1889.
Operated by the Richmond and Danville RR. Co. Rolling Stock, June 30, 1890.— Locomotive engines. 5. Cars-
passenger, 3 ; baggage, mail, and express, •! ; freight, 1— total. 5. Gross earnings, year ending June 30. 1891,
$163,293.56. Operating expenses, $174.986.08. Deficit, $11,692.52. Operations for year ending June 30, 1890.
Train mileage— passenger, 58,721 : freight, 132,777 ; other, 30,070 — total, 221,568 miles. Passengers carried,
47,282 : carried one mile, 1,711,829 ; average mile rate. 3.09 cents. Tons freight moved, 111,445 ; moved one mile,
7,117,074; average mile rate, 0.996 cent. Earnings— passenger, $51,416.75 ; freight, $70,983.18; mail, etc., $7,718.01—
total ($1,874.91 per mile), $130,117.94. Operating expenses— transportation. $64,463.81 ; motive power and cars',
$14,446.21 ; maintenance of way, etc., $34,063.44; general and taxes. $15,948.94— total ($1,867.57 per mile), $128,-
922.40. Net earnings, $1,195.94. financial Statement— Capital stock (par, $100), $1.050,000:: funded debt (1st
mortgage 6 per cent. 40-year $1,000 gold coupon bonds, due April 1, 1925, interest April and October, $500,000 : 2d
mortgage 6 per cent. 50-year $1,000 gold coupon bonds, due July 1, 1937, interest January and July. $215,000),
$715,000— total stock and bonds, $1,765,000. Cost of road, etc., $1,765,000. Interest on bonds payable at the-
Fourth National Bank, New York. N. Y. Directors : James Swann. T. M. Logan, W. G. Oakman, Robert W..
Inman, New York, N. Y.; A. B. Andrews, Raleigh, N. C.; D. C. Waddell, Asheville, N. C. : Albert Cannon,
Hendersonville, N. C. ; Joseph Walker, Spartanburg. S. C. JAMES SWANN, President, New York, N. Y.: Joseph
Walker, Vice-President, Spartanburg, S. C.; A. L. White, Secretary, W. E. Turner, Treasurer, Washington,

D. C. PRINCIPAL OFFICE AND ADDRESS, Spartanburg, S. C.

ELBERTON AIR-LINE RAILROAD.— Elberton to Toccoa, Ga., 50 miles. Gauge, 3 ft. Rail,
30 Ibs. Chartered December 13, 1871 ; road completed December 4, 1878. Gross earnings, year ending June 30,
1891, $62.392.95. Operating expenses, $41,799.77. Net earnings, $20,593.18. Capital etock, $195,900; funded
debt, 1st mortgage 7 per cent. 20-year bonds, due July 1, 1898, interest payable January and July, $150,000— total,
$345,900. Cost of road, etc., $352,937.08. The road is operated in connection with the Richmond and Danville.
JOHN H. JONES, President, Elberton, Ga.; R. Brooke, Secretary, Richmond, Va. CORPORATE OFFICE, Rich-
mond, Va.

GEORGIA PACIFIC RAILWAY.— Atlanta, Ga., to Greenville. Miss., 459.24 ; Atlanta Belt Line,
4 ; Woodlawn to Beesemer Branch, 18.94 ; branches to mines, etc., in Ala., 13.98 ; Stoneville to Sharkey, Mis*.,
22.50— total, 566.5 miles. Sidings, — miles. Gauge, 4 ft. 9 in., and (branch, Stoneville to Sharkey, Miss.), 3 ft.
Rail (steel, 463.75 miles), 50 to 62 Ibs. Chartered December 31, 1881. Road opened from Atlanta, Ga., to Colum-
bus, Ala., 291.25 miles, in 1887. (See MANUAL for 1885, page 440, and MANUAL for 1888, page 587.) The extension
from Columbus westward was completed July 1, 1889. Leased to the Richmond and Danville for 20 years from
January 1, 1889, the rental to be net earnings ; any deficiency in meeting interest charges to be advanced by the
lessee, such advances to be a charge against future earnings prior to income bonds. Controlled by the Richmond
and West Point Terminal Company. (See MANUAL for 1891.)

Rolling Stock, June 30, 1889.— Locomotive engines, 67. Cars— passenger, 33 ; combination, 4 ; baggage, mail,
and express, 20 ; freight (box, 568 ; platform, 252 ; coke and stock, 150 ; coal and ore, 1,266 ; dump, 10 ; cabooser
12), 2,258 ; other, 14— total, 2,329.

Gross earnings, year ending June 30, 1891, as per statement on page 517, $1,889,315.83. Operating expenses,
$1,902,132.27. Deficit from operations, $12,816.44. Fixed charges, sinking funds, and taxes, $867,580.49. Deficit, .

532 POOR'S MANUAL — RICHMOND AND DANVILLE SYSTEM.

$880,396.93. Add improvements and betterments, $426,992.83 ; extraordinary exoenditures for repairs etc «S202 -
141.42. Total deficit for year, $1,509,531.18.

General Balance Sheet, June 30, 1890.

Cost of Road, Property, and Equipment . . $-26,723,263 80

Sinking Fund 39.360 00

Cash and Current Assets 1,051,342 67

Profit and Loss ... 2(33,896 52

Total Assets $28,077,862 99

Capital Stock (par, $100) £8,555,000 00

Funded Debt Outstanding 16,846,360 00

Car Trust Notes 597,406 78

Equipment Trust Notes 326,300 00

Current Liabilities 1,183,478 93

Traffic Fund Account '. 92474 50

Third Division Loan Account 463,072 78

Income Bond Scrip 14,070 00

Total Liabilities $28,077,862 99

Funded debt (,$16,846,360), consisted, June 30, 1890, of—

1st mtge. 6 per cent. 50-year $1,000 coupon bonds, due January 1, 1922, interest January and July ..... $5,548,700
2d mtge. income 6 per cent. 40-year $1,000 coupon bonds, due Oct. 1, 1923, interest April and October 31o'oOO

Mtge. income 5 per cent. 35-year $500 and $1,000 bonds, due October 1, 1923, interest April and October' 4.993,830
Consolidated 2d mtge. $500 and $1,000 5 per cent. 35-year bonds, due Oct. 1, 1923, int. April and October 4^993.830
Equipment mtge. 5 per cent. 15-year $1,000 gold bonds, due August 1, 1904, int. February and August . . 1,000,000

The firsts and the second incomes were issued from time to time to the R. & D. Extension Co. at the rate of
$10.000 per mile (entire road) of 1st mortgage, and $15,000 per mile (1st and 2d Division) of income bonds. The
consolidated 2d mortgage bonds and the mortgage income 5s were issued in 1888 under apian for the 2d mortgage
income 6s, which provided that holders of income 6s should receive equal amounts of the new bonds, dollar for
dollar for the principal and past due interest to April 1, 1888, of their bonds. Trustee of 1st mortgage consol.
2ds and mortgage income 5s, Central Trust Co., New York ; of income bonds, Metropolitan Trust Co., New York!
Provision has been made for an issue of $1,500,000 6 per cent, equipment sinking fund bonds to run for 15 years
from May 1, 1891, but none of them have yet been sold. Registrar of stock, Central Trust Co. of New York. In-
terest on all bonds payable at the Fourth. National Bank, New York. The equipment bonds are payable by a
sinking fund, and are guaranteed principal and interest by the Richmond and Danville. Provision is made for
the car and equipment trust notes in the equipment mortgage.

Annual meeting, last Wednesday in November. Books close two weeks previously.

Directors.— George J. Gould, John H. Inman, W. H. Perkins, John G. Moore, John A. Rutherfurd, J. C.
Maben, New York, N. Y. ; Calvin S. Brice, Lima, O. ; Joseph Bryan, Richmond, Va. ; Robert Jemison, Brougham,
Ala. Officers: JOSEPH BRYAN. President f; A. J. Rauh, Secretary and Treasurer, New York, N. Y. GENERAL
OFFICE, Birmingham, Ala. Transfer Office, 80 Broadway, New York, N. Y.

HARTWEL.L RAILROAD.— Hartwell to Bowersville, Ga., 10 miles. Sidings, 0.10 mile. Gauge, 3 ft.
Rial, 30 Ibs. Chartered in 1878 ; road completed October, 1879. It connects Bowersville with the Elberton Air-

,

September 1, 1889, secured upon the entire property of the company, interest January and July, at Richmond,
Va., $20,000— total, $41,000. Cost of road, $42,605.68. JOHN H. JONES, President, Elberton, Ga.; R. Brooke,
Secretary* Richmond, Va. GENERAL OFFICE, Richmond, Va.

LAWRENCEVILIjE BRANCH RAILROAD.— Lawrenceville to Suwanee, Ga., 10 miles. Gauge,
3 ft. Rail, 30 Ibs. Chartered February 28, 1877 ; road completed in December, 1881. It connects at Suwanee
with the Richmond and Danville RR. Boiling Stock. — Locomotive engine, 1. Cars — passenger, 1 ; box, 2 ; plat-
form, 2. Gross earnings, year ending June 30, 1891, $9,727.63. Operating expenses, $8.506.40. Net earnings,
$1,221.23. Financial Statement.— Capital stock (par, $25), $45,000; funded debt, 1st mortgage 7 per cent. 10-year
bonds, due July 1, 1890, interest January and July, $30,000— total, $75,000. Contra: Cost of road, etc., $83,398.-
07. Annual meeting, Tuesday before second Wednesday in November. T. M. PEEPLES, President, Lawrence-
ville, Ga.; R. Brooke, Secretary, Richmond, Va. GENERAL OFFICE, Richmond, Va.

ROSWELLi RAILROAD.— Roswell, Ga., to Roswell Junction, 9.25 miles. Gauge, 3 ft. Rail, 60 Ibs.
Chartered April 10, 1863 ; road opened September 1, 1881. At Roswell Junction it connects with the Richmond
and Danville RR. Rolling Stock. — Locomotive engine, 1. Cars— passenger, 1 ; box, 2 ; platform, 4. Gross
earnings, year ending June 30, 1891, $6,736.06. Operating expenses, $5,455. Net earnings, $1,281.06. Financial
Statement.— Capital stock (par, $100), $40,000 ; funded debt, 1st mortgage 7 per cent. 20-year $500 coupon bonds,
due January 1, 1900, interest January and July, $35,000, secured on the entire property of the company ; bills
payable. $5,500— total. $80,500. Contra : Cost of road, etc., $81,296.27. Annual meeting, Monday before second
Wednesday in November. POPE BARROW, President, Roswell, Ga. ; R. Brooke, Secretary, Richmond, Va. GEN-
ERAL OFFICE, Richmond, Va.

YADK.IN RAILROAD.— Salisbury, N. -C., to Norwood, N. C., 41.15 miles. Sidings, 3.37 miles.
Gauge, 4 ft. 9 fin. Steel rails, 41.15 miles. Chartered, April 5, 1871; road completed as above May 29, 1891.
Operated by the Richmond and Danville RR. Co. Gross earnings for seven months, ending June 30, 1891,
$8,421.94. Operating expenses, $9,565.88. Deficit, $1,143.94. Paid interest on bonds, $17,325. Total deficit,
$18,468,94. Financial Statement, June 30, 1891.— Capital stock (par, $50), $625,000 ; funded debt, 1st mortgage,
6 per 40-year bonds, due October, 1930, interest April and October, $615,000 ; loss on operations, $1,143.94 ; inter-
est on bonds not yet payable, $17,325— total, $1,258,468.94. Contra : Cost of road, $1,240,000 ; profit and loss, $18.-
463.94— total. $1,258.4*58.94. A. B. ANDREWS, President, Raleigh. N. C. ; A. H. Boyden, Secretary ; S. H. Wiley,
Treasurer, Salisbury, N. C. PRINCIPAL OFFICE, Salisbury, N. C.

Board of Directors R. & D. RR. Co., elected Deceiriber, 1891.

Samuel Thomas. . .New York, N. Y.

C. S. Brice Lima, O.

George J. Gould.. .New York, N. Y.

James B. Pace Richmond, Va.

H. C. Fahnestock..New York, N. Y.
John G. Moore ... " "

John C. Calhoun..New York, N. Y.
J. A. Ruthe"furd..
Chas. M. McGhee.

John S. Barbour Alexandria, Va. | John H. Inman New York, N. Y.

W. G. OAKMAN, President 80 Broadway, New York, N. Y.

1st Vice-President—

2d Vice- President— A. B. Andrews Raleigh, N. C.

3d Vice-President— John A. Rutherfurd, New York,N.Y.

Treasurer— John W. Hall Atlanta, Ga.

Secretary— Richard Brooke Richmond, Va.

Assistant Secretary— A. J. Rauh New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Richmond, Va.

New York Office 80 Broadway.

POOR'S MANUAL OF RAILROADS. 533

CENTRAL RAILROAD AND BANKING COMPANY OF GEORGIA.

Main Line of Road.— Savannah, Qa., to Atlanta, Ga 294.25

If in t nyc-nltr Branch : Gordon to Milledgeville, Ga 17.00— 311.25 miles.

PROPRIETARY LINES :

S<rc<'nn«h ami Atlantic RR. : Savannah to Tybee, Ga 18.00

>ru'ih and Wc*tt rn R<nhray and Branches (see page 538) 628.00 -,

M-ntgomery and EufauUi Ry. : Montgomery to Eufaula, Ala 80.00— 726.00 miles.

LEASED LINES :

Augusta ana Savannah- RR. : Millen, Ga., to Augusta, Ga 53.00

Eatonton Branch RR. : MilledgevUle, Ga., to Eatonion, Ga 21.75

Sn nth western RaUro.nl and Brandos 333.00

Mobile and Girard RR. : Columbus, Ga., to Saginaw, Ala 135.00— 542.75 miles.

Ocean Steamship Lines : Estimated equivalent in railroad mileage 300.00 miles.

Total mileage in above lines, June 30, 1891 1,880.00 miles.

Sidings, 251 miles. Gauge, 4 ft. 9 in. Steel rails, 1,241 miles, 56 to 68i Ibs.

History. — Consolidation, December 1, 1872, of the Central and the Macon and Western
RR. Cos. The Milledgeville Branch was opened in 1852. (See MANUAL for 1891.) On July
26. 1890, the entire stock of the Savannah and Atlantic RR. was acquired by the company.
On June 1, 1891, the railroad nnd steamship lines of this company, aggregating 1,880 miles
(estimating the steamship lines at 300 miles), were leased for 99 years to the Georgia Pacific
Ry. Co., the latter assuming the obligations of this company on account of leases and bond
interest, and guaranteeing 7 per cent, dividends on stock. The banking business is not in-
cluded in the lease.

For terms under which the leased lines are operated, see statements appended hereto.

The Richmond and West Point Terminal Co. has full control of this company.

Rolling Stock, June 30, 1890. — Locomotive engines, 257. Cars — sleeper, 13 ; passenger,
107 ; baggage and combination, 70 ; postal, 3 ; pay and inspection, 10 ; officers', 2 ; cabs and
living, 164 ; freight (box, 2,224 ; ventilated, 400 ; platform, 1.194 ; stock, 20 ; coal, 695), 4,515 ;
pile-driver and wrecking, 8 — total cars, 4.892.

Operation*, etc., of the company's railroads for 11 months ending May 31, 1891 (average,
1,366 miles).— Train Mileage— passenger, 1,829,484 ; freight, 2,240,787 ; mixed, 281,659 ;
switching, 1,203,698 ; other, 254,916 — total, 5,810,544 miles. Passengers carried one mile,
53.077,488. Tons freight one mile, 259,452,354.
Earnings.— Passenger $1.561,967 24 Expenses.— Way and Structures $840,20122

Freight 3,962.008 57

Mail and Express 204,772 57

Miscellaneous . . . 107,675 59

Equipment 580,420 75

Transportation 2,410.831 48

General and Taxes . . . 613,315 98

Total ($4,287.28 per mile) $5,856.423 97 ! Total ($3.253.80 per mile) $4,444,769 43

Net earnings (24.14 per cent.), $1,411,654.54 ; add income from other sources, being net
earnings of steamships and of bank, and income from investments, $816,867.53 ; dividend
surplus from 1890, $955,508.16— total, $3,184,030.23. Payments : Interest on bonds, $1.200,-
906.81 ; on loans, $123,451.62 ; on certificates of indebtedness, $276,000 ; rentals, $469,112.50;
dividends, $562,500— total, $2,631,970.93. Surplus available for dividends, $552,059.30.
Dividends were paid— in December, 1890, 4 per cent. ; in June, 1891, 3£ per cent. (For state-
ment of dividends paid in previous years, see MANUAL lor 1891.)

General Balance Sheet, July 1, 1891.

Railroad and Appurtenances $12,400,000 00 j Capital Stock (par. §100) $7,500.000 00

Railroad Equipment 1 .439,388 95 Certificates of Indebtedness 4.600.000 00-

Bank Capital 500.000 00 I Bonds of 1872 4,999,00000

Real Estate 217.654 09 i Collateral Trust Bonds ... . 4,880,000 00

Stocks of Other Companies (See page 5.35) 6.508.512 62 ; Bills Payable . 3,795,119 34

Bonds of Other Companies (See page 535) 4,592,554 61 , Unclaimed Dividends . . 195.831 5a

Bills Receivable 1,095.92580 Car Trust and Locomotive Notes. .. 1,439,38895

Lessees 8,791 36

Central Trust Company 51,603 47

£aeh 162,8*5 31

Profit and Loss 432.065 61

Total Aeseti $27,409,339 82

Total Liabilities $27,409,539 82

534

POOR'S MANUAL — CENTRAL RR. AND BANKING CO. OF GEORGIA.

The bills payable bear 6 per cent, interest, and are payable at various dates ; the car trusts
bear no interest, and are payable from 1891 to 1895.

Statement showing the amount of stocks and bonds outstanding on the roads of the aux-
iliary systems, the amounts of same held by the Central Railroad, the total annual charge
and the net earnings of each road for its last fiscal year.

Length
in
Miles.

STOCKS.

BONDS.

Annual
Charge.

Net
Earnings.

Total.

Owned by
Central.

Total.

Owned by
Central.

Western RR. of Alabama

M.

138
307
87
112
229
16
35

3,000,000
4,200,000
1,232,200
750,000
1,418,000
40,005
119,300

s

1,500,000

1,648,000

$

$
69,435
600,000
73,932
21,720
44,100

2,166

152,242
718,679
126,418
73,936
7,154
1,380
32,984

Georgia RR.— Rental

Atlanta and West Point RR

188,500
353,800
878,000
34,941
70,000

l,232,2i)6
1,862,000
2,500,000

' Y,i72,666

1,870,000

Port Royal and Augusta RR
Port Royal and Western Carolina

Upson County

Wrightsville and Tennille RR

35,000

Totals ...

924

10,759,505

3,025,241

7,172,200

3,042,000

811,287

1,112,793

Western Railway of Alabama. — The Central owns one-half the stock, and the other half is held in the
Georgia Railroad lease, of which the Central Railroad owns a half interest. The bonds bear 4i per cent, interest.

Georgia Railroad. — The Central owns one-half interest in the net results of the lease of this road, the Louis-
ville and 'Nashville owning the other half. The annual rental is $600,000. The lease carries with it one-half
interest in the Western Railroad of Alabama, one-fifth interest in the Port Royal and Augusta Railroad, five-fifths
interest in the Rome Railroad, 36 per cent, of the stock and certificates of the Atlanta and West Point Railroad,
and 60 per cent, of the stock of the Gainseville, Jefferson and Southern Railroad.

Port Royal and Augusta Railway.— The bonds are : $250,000 1st 6s of 1899, $112,000 2d 6s of 1898, and
$1,500,000 incomes. A sinking fund of $10,000 per annum against the firsts, and $6,000 per annum against the
seconds amounted at the close of the last fiscal year to about $76,000 and $53,000 respectively. The Central owns
$1,172,000 incomes and $353,800 stock, and the Georgia RR. lease holds besides $300,000 incomes and $150,000
stock.

Port Royal and Western Carolina Railway.— The Central owns $694,000 out of a total issue of $1,234,000
common stock, and $184,000 being the total issue of preferred stock ; also, $1,870,000 fir^t mortgage 6s of 1937.
There are $630,000 divisional 7s outstanding ahead of rhe 6s.

Atlanta and West Point Railroad.— In addition to the stock owned by the Central, the Georgia Railroad
tease holds $440,900 stock and the same amount of certificates of indebtedness. The certificates bear 6 per cent,
interest and are payable in 1891.

Wrightsville and Tennille Railroad.— Preferred stock, $70,000 ; common, $49,300 ; bonds, 1st 6s of 1919,
.$35,000. Preferred stock and bonds all owned by Central.

Statement of funded debt outstanding June 30, 1891.

Character and Description of Bonds.

Date.

INTEREST.

Principal
When Due.

Out-
standing.

Annual
Charge.

Rate.

Payable.

First Mortgage Bonds

1873

1881
1887

p.C.

6
5

Jan. & July
June & Dec.
May&Nov.

Jan. 1, 1893
July 1, 1891
May 1, 1937

4,999,000
4,600,000
4,880,000

349,930
276,000
244,000

Certificates of Indebtedness

•Collateral Trust Gold Bonds

Provision has been made for an issue of $13,000,000 5 per cent, consolidated mortgage
bonds, due April 1, 1937. A sufficient number of the bonds are reserved to pay off the first
mortgage bonds, due January 1, 1893 ; $2,000,000 are to be used in paying off the floating
debt, and the remainder of the bonds will be issued from time to time only as required for
the purposes of the company. They are redeemable (any or all of them) at 110 and interest
any time on three months' notice. On November 1, 1891, the floating debt was adjusted by a
loan of $3,500,000 made for one year by a syndicate on pledge of $7,000,000 of these bonds.

The certificates of indebtedness were issued in 1881, bear 6 per cent, interest, and can be
called in and paid any time after 1891. They were intended as a distributor of net earnings
not paid on previous dividends. The amount so distributed equalled 40 per cent, on the
share capital of the Central, and 32 percent, on the share capital of the Southwestern (leased).

The collateral trust bonds are an issue of $5,000,000 gold 5 per cent. 50-year $1,000 cou-
pon bonds, with provision for registration of principal, due May 1, 1937. These bonds are

POOR 8 MANUAL — CENTRAL RR. AND BANKING CO. OF GEORGIA.

535

a direct obligation of the company, and are additionally secured by deposit with the trustee
of the following securities :

Par Value.

Bonds and Stocks Conveyed.

Denominations.

Valuation for
Purposes of
this Agreement.

1.995,000
1,500.000
614,000
145,400
100,000
1.400,000

Ocean SS. Co
W. Railway of Alabama

Stock

260

75

120

100
1-2.)
10(3

4,987.000
1,125,000
736,800
145,400
120.000
1,460,000

Mont, and Eufaula Railway

44

Atlantic and W. Pt. RR

tt '

Eufaula and Clayton Railway
Port Royal and W. N C. RR.

1st M. Bonds

5,754,440

8,574,200

The proceeds of these bonds were used to provide for the extension of the Columbus and
Western RR. and other extensions, for new equipment, to extinguish the floating debt created
by purchase of Port Royal and Western Carolina RR., and to provide additional capital for
banking. The C. RR. of Ga., has the right]to redeem these bonds at 110 and accrued interes't
at any time upon six months' notice.

Interest on general mortgage bonds payable at New York, N. Y., and Savannah, Ga., on
certificates of indebtedness at Savannah, Ga., and on trust bonds at office of trustee, the Cen-
tral Trust Co. of New York, N. Y.

Stocks and bonds of other companies held by the Central RR. Co. of Georgia :

Stocks.

Shares.

Value.

Stocks.

Shares.

Value.

Savannah and Atlantic RR. . .
Ocean Steamship Co
Western Rv. of Alabama
Montgomery and Eufaula Ry.
Savannah and Western Rv. . .
Atlanta and West Point R"R. .
Port Roval and Augusta Ry. .
Mobile and Girard RR

2,500
19.950
15,000
6,200
30.007T8c°o
1,885
8,562
8,161Tfo
l,164§i
60
1

2

l»A

2,800
10
1,840

6,940
1

1,440

39^472 58
1.995,00000

1,500,000 m

620.000 00
898.398 55
ISSiSOO 00:
57,715 13
225.231 50
1,49700|
2,666 66'
20000

500 00l
3,095 70;

7000000!
25000:
183,000 00:

52,000 00
470 OOl

185.671 -25

Piedmont Exposition :.
Augusta Exposition (par. $5).
Chattanooga, Rome and Col-
umbus RR

Total stocks

10
200

25.5151

1.00000
1,00000

472.844 25

6.508.512 62

BONDS.

Port Royal and Augusta Ry .
SylvaniaRR
Port Roval and Western Caro-
lina Rv. . . . ,
Mobile and Girard RR
Savannah and Western RR. .
Augusta. Gibson and Sanders-
ville RR
Louisville and Wadley RR. . .
Talbotton RR

Amount.

1.173.40000
33,00000

1,870.000 00
80,00000
1,628,00000

129,30000
29.00000
25,00000

Value.
S
1,183,353 23
33,00000

1,638,10286
80,00000
1,511,438 23

92,660 29
29,00000
25,00000

Upson County RR

Macon Street RR

Savannah Cotton Exchange..
Agricultural and Mechanical
Association of Georgia
Augusta and Knoxville RR...
Wrightsville and Tennille RR.
(preferred^

WrightsvilJe and Tennille RR.
(common)
Port Roy«l and Western Caro-
lina Ry. ^preferred)
Port Royal and Western Caro-
lina Rv (common)

Total bonds

Memphis Cotton Exchange.. .
Southwestern RR

4,592,554 61

OCEAN STEAMSHIP LINE. — Running ten steamships between Savannah and New York,
Boston and Philadelphia, and owning wharf and warehouse property. The usual statement
of financial condition of this property is not included in the report for 1891. The following
items of cost, etc., are repeated from the MANUAL for 1891: Steamships, $2,395,286.33 ;
lighters in New York. $48,134.56; elevator, $97,157.50; warehouses, $155,512.33; Vale
Royal property, $455,858.91 ; Gordon (cotton) press, $132,286.77 ; Central cotton press,
$168.105.53 ; stocks other companies, $556,255.58 ; sinking fund, $700,000 ; reserve fund,
$28,200 ; real estate, $20,166.66— total, $4,756.964.17. Capital stock ($1,995,000 owned by
O. RR. of Ga.). .$2,000,000 ; funded debt, 1st mortgage 6 per cent. 10-year bonds, due
January 1, 1892, interest January and July, $674,000 ; 1st mortgage 5 per cent. 30-year
bonds, due July 1, 1920, interest January and July, $326,000 ; bills payable, due May, 1892,
6 per cent, interest, $100,000 ; Hoboken Wharf 4 per cent, notes, due 1891 to 1898, $315,000
—total stock, bonds, and debt, $3,415,000. The bonds of 1892 were issued to pay for the

536

POOR'S MANUAL — CENTRAL BE. AND BANKING CO. OF GEORGIA.

steamships ''Tallahassee," Chattahoochee," and " Nacoochee," constructed in 1882, and are
secured by a mortgage on the Vale Royal property and on the company's steamships, and
by the indorsement of the Central RR. & B. Co., together with an annual sinking fund of
$100,000. These bonds have all been retired since the clone of the fiscal year, and an equal
amount of bonds of the new 5s issued in place of them.

CENTRAL RAILEOAD BANK. — Earnings for year ending June 30, 1891 : Discount on notes,
$23,827.63 ; discount on exchange, $6,539.12 ; premium on exchange, $2,991.31— total, $33,-
358.06. Expenses, $26,292.81. Net earnings, $7,065.25. Financial Statement, June 30r
1891.— Capital, $500,000 ; individual deposits, $215,065.64 ; due to banks, $67,964.07 ; due
to railroads, $79,959.88 ; earnings, $33,358.06 ; profit and loss, $114,734.97— total, $1,011,-
082.62. Contra: Real estate, $25,000; loans and discounts, $443,555.82; due by banks,
$234,301.11; due by railroads, $24,751.80; expenses, $26,292.81; cash, $257,181.08— total,
$1,011,082.62.

The following statement shows the entire funded and floating indebtedness, and the
annual obligation on account of proprietary and leased lines :

NAME OF RAILROAD.

Miles.

Character of Obligation.

Amount
Out-
standing.

Rate.

Annual
Charge.

Proprietary Lines •
Montgomery and Eufaula.

80

628

18
300

53
22
333
135

Int. Guar. on 1st Mtge. Bonds of 1909 . . .
Int. Guar. Col. & West. Bonds of 1911 ....
Int. Guar. Col. & West. Bonds of 1914. . . .
Int. Guar. Rome & Car Bonds of 1916. . . .
Int. Guar. Ch., R. & Col. Bonds of 1937. . .
Int. Guar. Sav. & West. Consols of 1929. .
Int. Guar. on 1st Mtge. Bonds of 1920
Int. Guar. on 1st Mtge. Bonds of 1892
Int. Guar. on 1st Mtge. Bonds of 1920
Bills Payable, Due May 1892

f

1.500,000
800,000
200,000
150,000
2,090.000
6.147,000
250.000
674,000
326.000
100,000
315,000

1,022,900
167,900
5,191,100
473,400
800,000
200,000
225,000

p.,

6
6
6
5
5
5
6
5
6
4

Rent.
Rent..

7

H

6
6

90.000
48,000
12,000
9,000
104.500
307.350
12.500
40.440
16,300
6,000
12,600

73,000
14,000
363,377
7,101
32,000
12.000
13,500

Savannah and Western

Savannnh and Atlantic
Ocean Steamship

Leased Lines :

Augusta and Savannah
Eatonton Branch. .

Hoboken Wharf, Due 1891 to 1898
Stock

Stock

Southwestern
Mobile and Girard

Guaranteed Stock

Guaranteed Stock

Totals..

Interest on 1st Mortgage Bonds

Interest on 1st Mortgage Bonds. . .

Unfinished Cqnst. Est.

1,569

20,632.300
13,150

1,173,668
748

Average per Mile

The following statement shows the entire outstanding indebtedness, funded, floating and
car trust, of the system proper and of the auxiliary system, the stock of the Central and the
7 per cent, dividend upon it being separated from the other obligations :

1891

1890

Miles.

Outstanvi-

ing
Obligations.

Annual
Fixed
Charges.

Miles.

Outstand-
ing
Obligations.

Annual
Fixed
Charges.

Central System

1 880

S
40 345 S09

$
2 271 305

1,612

35,199 320

S
1 972 794

Averages per Mile . .

21,460

1,203

21,S36

1.203

Auxiliary System

924

10 94* 003

816 310

984

12220 173

-:>o 172

^.vera^es per Mile

11,848

885

12,T88

864

Total

2 804

51 293 812

3,087,615

2,596

47,419,493

2,822.9(16

Averages per Mile ...

' 18.293

1,101

18,394

1,083

C. RR. Stock and Div

7,500,000

525,000

7,500.000

525.000

Total Capitalization

2,804

58,793,822

3,612,616

2,596

54,919,493

3,347,966

Averages per Mile

20 968

1,288

21,155

1,290

POOR'S MANUAL — CENTRAL RR. AND BANKING CO. OF GEORGIA SYSTEM. 537
RAILROADS OWNED OR LEASED BY THE CENTRAL RR. AND BANKING Co. OF GA:

AUGUSTA AND SAVANNAH RAILROAD.-Millen to Augusta. 53 miles Sidings, etc., 5.65
miles. HaiS (steel), Mi Ibs. Chartered in 1S> as Burke Count v Mil. Co., and road opened in ls">4. Li-used to the
( Ymnii llll. & l.nnking Co. of Georgia for 99 years from May 1, l^;-_>. at $73.000 per annum, from which
<emi-anuual dividends of 3£ per cent. each, on the Tuesday.- after tirst Mondays in June and December, at Savan-
. -ital stock, $1,022,9^), which represents cost of road. W. S. LAWTOX. President ; John M. Hogan,
S .'•• annah. Ga."

EATONTON BRANCH RAILROAD.— Milledgeville to Eatonton, 22 miles. Chartered in 1850;
road opened in 1853. Kental, $14.000 per annum. Annual dividends are paid on the 1st day of April in each year
at the rate of 7 per com. per annum. Capital stock. $167.900. Cost of road, $250.000. GEORGE W. THOMAS,

•'••nt : Thomas G. Lawson. .">'Ci\ta>-y and Treasurer. Eatonton, Ga.

MOBILE AND G-IRARD RAILROAD.— Line of road : Columbus. Ga., to Saginaw, Ala., 135 miles.
Sidings. 5.9 miles. Gauge. 4 ft. 9 in. Kail— iron. 40 and 56 Ib.s.; steel (46.5 miles*. 56 Ibs. JH*ti>rit — ( 'bartered
:is the Girard III 1. Co. in" 184(5 : charter amended and present name adopted in 1854 : road opened to Troy. June
Bridge over the Chattahoochee River opened January 1. 1869. Extension from Troy to Saginaw. 50.5
mpleted in 1891. but not put in operation before the close of the fiscal year. Leased for 99 years from
:^86. to the Central RR. and Banking Co. of Georgia, at a guarantee of H per cent, per annum on stock.
The preferred stock will be retired by exchange for new common. ;-tock at the rate of two shares of new for every
one of the old. Eolllnri Sinck. June 30. 1889.— Locomotive engines. 5. Cars-passenger, 8 ; freight (box, 36 ;
platform. 45 : caboose, 3), 84 : other cars. 38— total cars, 13U. General Balance Sheet, June 30, 1890.— Road and
equipment. $2.349.707 : expenses. $195.949.2-2 : due by asreme. $248.95 ; interest. $48.800 : cash and current assets.
I; P. O. Department. $1-244.68 : dividend. S19,(>45.60— total assets. $2.623.788.75. Contra : Capital stock
• par. SlOn. $1.269,707 : funded debt, $1.080.000 ; earnings, $274. OS 1.75— total liabilities. $2,883,788.75. Funded debt
consisted June 30, 1889. of 2d mortgage 8 per cent. 20-year coupon $1-000 bonds, due January 1. 1S89, interest
January and July, $261,000 ; 3d mortgage 4 per cent. 80-year coupon $1,000 bonds, due June 1. 1897. interest June
and December, $800,600 ;-3d mortgage 5" per cent. 20-year coupon $1,000 bonds, due June 1. 1897. intere>t June and
December. $19.000. The 2d mortgage bonds are indorsed by the Central RR. Co. of Ga., and are exchangeable into
6 per cents, or payable in cash at maturity. The total, when refunding is completed, will be $1.00(3.000. The 4
per cents, were issued to the Central RR. Co. of Ga. for advances made to this company. It is proposed to issue
an additional $4.000.000 bonds to provide means for extending the road from Troy to Pollard or Brewton. Dir>-ft<->rt.
— X. P. Banks, John Peabody, X. X. Curtis. W. H. McClintock, C. E. Hochstrasser. J. D. Murphree, Columbus,
Ga.: C. H. Franklin, Union Springs. Ala. X. P. BANKS. President, Columbus, Ga.; P. E. Whittlesey. Secretary,
Columbus, Ga.; Edward Mclntyre, Tr^a^>/r< r. Savannah, Ga. PRINCIPAL OFFICE A>TD ADDRESS. Girard. Ala.

MONTGOMERY AND EUFAULA RAILW AY.— Montgomery, Ala., to Eufaula. Ala.. 80 miles.
Sidings, etc.. 6.70 miles. Rail ^stet-u 57.2-; miles,. 42.50 Ibs. Chartered'" as M. & E. RR. Co.. January 13. 1SHO.
Road opened from Montgomery TO Union Springs June 10, 1869 : to Enfaula. October 1. 1870, and to a connection
with the Southwestern RR. of Georgia. May 22. 1873. The road was operated by a receiver from 1873 to May 1,
;en it was sold under foreclosure to W. M. Wadley for $2.120.000, and by him transferred to the present
company. The road is now operated under contract by "the Centr.-il RR. Co. of Ga.. the surplus earnings over
i'lterest on bonds going to that company. In 1879 and 1S30 this surplus was applied to improving the road. In
:>er cent was paid in ; in 1S8-J, $5.88 per share ; in 18-3, $8.674- : and in 1885, $8.43 was paid per share to
the Central RR. and Banking Co. In 1884 the net earnings were used for steel rails and terminal facilities. Loco-
motive engines, 7. Cars — passenger. 6 ; baggage, etc.. 3 : freight (box. 64 ; platform. 20). 84. Also 21 road and
hand cars. (For earnings, etc., see statement on page 533.) Financial Statement. June. 30. 1890. — Capital stock.
$620.000 ; funded debt (1st mortgage 6 per cent, bonds, due Jnly 1. 1909, interest January and July). $1,500,000 ;
earnings. $364,169.03: Central RR. Co., $165.000— total. $2,649,169.03. Contra : Cost of road and equipment,
$2.120.00.1 : interest on bonds, $90.000 ; sinking fund, $165.000 ; cash and other assets, $38.731.49 ; expenditures,
$235,437.54— total. $2.649,169.03. E. P. ALEXANDER, Pi trident ; Edward Me In tyre. Treasurer; E. Workman,

•"'_/. Savannah, Ga.

SAVANNAH AND ATLANTIC RAILROAD.— Savannah to Tybee Island, Ga.. 18 miles. Rail
(steel, 15 miles,. 30. 35. and 50 Ibs. Reorganization March 1, 1890, of the Savannah and Tybee RR. Co., whose
property was sold under foreclosure December 3, 1S89. On July 26, 1890. the entire capital stock was purchased
by the Central RR. and Banking Co. of Georgia. Capital stock'* $50 shares). $250.000 ; funded debt, 1st mortgage
5 per cent. 30-year gold bonds, due March 1. 1920. interest payable March and Septeniber, $250.000— total, $500,000.
of bonds, Oglethorpe Savings and Loan Co.. Savannah. Ga. Annual meeting, third Monday in January.
E. P. ALEXANDER, President ; E. Workman, Secretary ; Edward Mclntyre. Treasurer, Savannah. Ga.

.SAVANNAH AND "WESTERN RAILWAY.— Meldrim to Lyons, Ga.. 58 miles ; Americas. Ga..
to Birmingham. Ala., 221 miles : Griffin. Ga., to Chattanooga, Tenn., 200 miles ; Columbus to Greenville. Ga.. 50
• tpelika to Roanoke. Ala., 39 miles; Eufanla to Ozark, Ala.. 60 miles— total, 628 miles. Sidin_
Uail (steel. 240.45 miles), 30 to 61± Ibs. Consolidation, Jnly 30. 1888, of the Savannah and Columbus, the
Bnena Vista and Ellaville. the Columbus and Western, the East Alabama, the Columbus and Rome, the Eufaula
and Clayton, and the Eufaula and East Alabama RR. Cos. (See MANUAL for 1889. page 556, for Savannah and
Western, and General Index for constituent companies.) The line from Meldrim to Lvons was opened May 11.
1890. The Savannah, Griffin and North Alabama RR., from Griffin to Carrollton. Ga.. 60 miles, formerly included
in the auxiliary system of the Central of Georgia, was purchased by this company on Xovember 26. 1800, as was
also the Chattanooga, Rome and Columbus RR.. from Carroilton. "Ga., to Chattanooga, Tenn., 140 miles, on May
5. 1891. Financial Statement, June 30. 1890.— Capital stock. $3.000.760 : funded debt. $7.135.000; bills payable,
$1,000,000: earnings. $880,362.58— total, S12.t«5.122.5>. Oontm: Railway and appurtenances. $10.63'
expenditures, $631,276.60 ; cash. $115.919.11 : stock Savannah and Oceechee Canal Co.. $30,710 ; Central RR. Co..
.iS : profit and loss. $354.041.90— total. $12.02>.1*I.5S. Funded debt consists of $800.000 Columbus and
v\ e-tern 1st mortgage (Opelika to Birmingham. 128 miles), 6 per cent, bonds, due January 1, 1911. interest payable
January and July ; $200,000 Columbus and Western 1st mortgage (Opelika to Columbus. 29 miles) 8 per "cent.
iue October 1, 1890. interest payable April and October : and $5.000.000 Savannah and Western 1st con-
dated mortgage 5 per cent. 40-year $1.000 gold coupon bonds, with provision for registration of principal, due
+ air?T 1- 19*^9' mterest payable March and September in New York, principal and interest guaranteed by the Cen-
KR. and Banking Company of Georgia. Trustee. Central Trust Co.. New York. A sufficient amount is held
o retire the Columbus and Western bonds. The authorized issue is $18.000 per mile. The consols are listed on
the Xew York Stock Exchange.

SOUTHWESTERN RAILROAD.— Macon, Ga., to Columbus. Ga., 10) miles, with branches from

t Valley to Perry. 15 miles; Smithville. Ga.. to Enfaula. Ala.. 60.30 miles: Cuthbert. Ga.. to Fort Gaines.

£.,17.70 miles : Albany to Columbia. Ga.. 62.50 miles : Fort Valley, Ga.. to Albany. 77.50 miles— total length of

s operated, 333 m'les. Sidings. 33.7 miles. Rail 'steel. 228.60 railed. 30. 40. and 56 Ibs. Consolidation

(November l 1868) of the Southwestern, chartered December 27, 1845, and the Muscogee. chartered December 27,

ISTT. Leased August 1. 18(19. to the Central RR and Banking Co. of Georgia, the lessee assuming all liabilities

l agreeing to pay as a minimum 7 per cent, on the capital stock ; but if the lessees pay a dividend on their own

538

POOR'S MANUAL OF RAILROADS.

stock of 10 per cent., then they shall pay 8 per cent, on the lessor's stock, and in the same proportion for any
dividend in excess of 10 per cent, paid by lessee. Dividends are paid in June and December, 34 per cent each
(For statement of dividends paid since the organization of the company, see MANUAL for 1891.) Capital stock
$5,191,100, representing cost of road and equipment. J. S. BAXTER, President ; W. S. Brantly. Secretary and
Treasurer, Macon, Ga.

Board of Directors, Central RR. and Banking Co. of Georgia, elected January 4, 1892.
Savannah, Ga.

E. P. Alexander.

Jos. Hull

E. P. Howell Atlanta, Ga.

James Swann New York, N. Y.

Henry R. Jackson . . -Savannah, Ga.

George J. Mills "• "

G. M. Sorrell

. J. K. Garnett

Frederick Cromwell

H. M. COMER, President Savannah. Ga.

General Mcnager— Cecil Gabbett Savannah, Ga. | Comptroller— Edward Mclntyre Savannah, Ga.

PRINCIPAL OFFICE AND ADDRESS Savannah, Ga.

A. V. Vetsburg Savannah, CJa.

C. H. Phinizy Augusta, Ga.

H. T. Inman Atlanta, Ga.

W. B. Harrold Americus, Ga.

New York, N. Y.

RICHMOND AND PETERSBURG RAILROAD COMPANY.

Main Line of Road.— Richmond, Va., to Petersburg, Va 23.0

James River Branch : Cloptoo, Va., to James River, Va 4.5 — 27.5 miles.

Sidings, etc., 7.98 miles. Gauge, 4 ft.' 9 in. Rail (steel, 34.93 miles), 56 Ibs.

History. — Chartered February 25, 1834; main line opened February 13, 1835; branch,
February 2, 1891.

Rolling Stock? June 30, 1891. — Loromotive engines, 10. Cars — passenger, 6 ; combina-
tion, 1 ; baggage, mail, and express?, 3 ; freight (box, 44 ; stock, 4 ; flat, 15), 63 ; other, 6
— total cars, 79. Also 8 cars contributed to fast freight line service.

Operations for year ending June 30, 1891.— See tabulated statement below.

Expenses.— Transportation $140,229 30

Main tenance of Equipment 44,283 28

Maintenance Way and Buildings 44,195 26
General 26,140 77

Earnings.— Passenger $118,881 11

Freight 181,872 14

Mail and Express 23,163 27

Miscellaneous 1,852 18

Total ($13,076. 13 per mile) $325,268 70

Net earnings (21.70 per cent.), $70,420.09.
Trust, etc., $20,757.89; interest received, $1,945.20— total available revenue, $93,123.18.
Payments : Interest on bonds, $37,968.88 ; dividends on stock (January and July, 3£ per
•cent, each), $70,000— total, $107,968.88. Deficit for year, $14,845.70. Surplus forward, $176,-
760.50— net surplus, $145,777.27.

Statement of operations, etc., for eight fiscal years:

Total ($10,245.17 per mile) $254,848 61

Add dividends from A. C. L. Sleeping Car

1884

Sept. 30.

1885

Sept. 30.

1886

Sept. 30.

1887

Sept. 30.

1888

Sept. 30.

1889

June 30.

1890

June 30.

1891

June 30.

Passenger Train Miles . .
Freight Train Miles
Passengers Carried

65,320
29,693
150,473
3,206,840
118,471
2,530,279

195,369
108,300

74,428
28,976
112,229
3,173,137
124,223.
2,657,205

192,651

97,482

76,691
29,402
150,570
3,156,185
164.139
3,185,663

207,454
111,855

90,574
42,193
163,321
3,459,632
191,455
3,831,588
$
224.389
128,375

90,293
40,680
185.316
3,971,185
252,113
5,533,493
$
254,164
168,749

87,642
60,81-2
203,827
4,3-10,139
354.649
7,879,920
$
280,657
200.795

104,129
7H,784
208,286
4,460,574
469,869
10,195.934
$
325,304
224,482

109,861
78,180

220,138
4,641,853-
459.511
9,962,963

325,269
854,840

ro,4ao

37,969

(7) I'o.iioo

13,076 13
10,245 17
2..S.-JO W>
78.3 p. c.

Passenger Miles.
Freight (tons) Moved
Freight (tons) Miles

Gross Receipts

Operating Expenses

Net Earnings
Interest .

87,069
20,926
(5) 50,465
15,678
8,68309
4,813 33
3,869 76
55. 43 p. c.

95,169
21,326
(3) 50,000
23,843
8,562 26
4.332 52
4,229 74
50. 60 p. c.

95,599
22,063
(5) 50,000
23,536
9,429 63
5,08433
4,345 40
53. 96 p. c.

96,014
23,249
(6) 60,000
12,765
9,972 86
5,705 56
4.267 30
57. 22 p. c.

85,415
23,722
(7) 70,000
def. 18,087
11,050 63
7,33690
3,713 73
66. 40 p. c.

79,862
23.574
(7) 70,000
def. 13,712
12,473 63
8.924 22
3,549 41
71. 54 p. c.

100,822
28,238
(7) 70,000
2.585
14,143 67
9.7(50 OS
4,383 59
69.01 p. C.

Dividends
Surplus

Gross Earnings per Mile .
Gross Expenses per Mile. . .
Net Earnings per Mile
Expenses to Earnings

Annual meeting, third Monday in November. Books close from three to four days pre-
vious to payment of dividends. Dividends and interest on consols of 1915, payable at the
company's office, Richmond, Va. ; interest on consols of 1940, at the office of Brown Brothers,
New York, N. Y. Number of dividends paid to date 48.

539

General Balance Sheet, June 30, 1891.

Coet of Road and Property $1.453.874 01

James River Branch 213,236 21

Real Estate, Improvements, etc 163.286 20

A. C. L. Sleeping Car Trust 9,000 00

Traffic Balances 96,755 20

Materials and Supplies <i.377 27

Cash on Hand 53,805 14

Suspense Account. 1,634 90

Bills Receivable 50,000 00

Total Assets , . . $2.050.968

Capital Stock (par, $100) $1.000,000 00

Funded Debt Outstanding 680,000 00

Traffic. Balances 153,765 15

Accounts Payable 34,997 01

Unpaid Dividends and Coupons 36,429 50

Profit and Lose. . 145,777 27

Total Liabilities $2,050,968

Funded del)t ($680,000) consisted, June 30, 1891, of—

Consolidated mortgage 7 per cent. 40-year $500 etc. bonds, dne May 1, 1915, interest May and November. . $30,000
Consolidated mortgage 6 per cent. 40-year $500 etc. bonds, due May 1, 1915, interest May and November.. 350,000
Consolidated mortgage 4} per cent. 50-year $1,000 gold bonds, due April 1, 1940, int. April and October. . . 300,000

The authorized amount of consolidated 4i per cent, bonds is $1,000,000, of which $400,-
000 are reserved to retire the bonds of 1915, and $300,000 were sold during the past year and
the proceeds expended in the completion of the James River Branch. The consols of 1915
are secured on the main line; the consols of of 1940 are a first lien on the branch and 2d on
the main line.

Directors (elected November 16, 1891).— H. Walters, Warren G. Elliott, Wilmington,
N. C. ; D. W. Lassiter, Petersburg, Va. ; W. T. \Valters, B. F. Newcomer, Baltimore, Md.

FREDERICK R. SCOTT, President Richmond, Va.

Vice- President— H. Walters Wilmington, N. C. | Secretary & Treas.—N.. W. Yarrington. Richmond, Va.

PRINCIPAL OFFICE AXD ADDRESS . . .Richmond, Va.

RICHMOND, FREDERICKSBURG AND POTOMAC RAILROAD CO.

Main Line of Road. — Richmond, Va., to Quantico, Va. 78.75

James River Branch : Acca, Va., to James River 3.34

Leased • \p°tomac RR. : Quantico, Va., to Wash. So. Junction 1.70

' ( R. F. & P. & R. & F. C. RR. : In Richmond, Va 1.25—85.04 miles.

Sidings, etc., 17.41 mile.*. Gauge, 4 ft. 8| in. Rail (steel), 67 Ibs.

History.— Chartered February 25, 1834 ; road opened to Fredericksburg January 23,
1837 ; to Quantico, September 30, 1872 ; James River Branch in 1891. The union depot at
Richmond is owned jointly by this company and the R. & P. RR. Co.

Rolling Stock, June 30. 1891. — Locomotive engines, 24. Cars— passenger, 17 ; baggage,
mail, and express, 10; freight (box, 42 : platform, 63 ; coal hopper, 1), 106 ; caboose, 14 ;
service cars. 18 — total cars, 165.

Operations for year ending June 30, 1891.— Train mileage— passenger, 230,102 ; freight,
254,868 ; other, 16,850— total, 501.820 miles. Passengers carried, 272,679 ; carried one mile,
12,246,506; average mile rate, 2.56 cents. Tons freight moved, 459,517; moved one mile,
32,349.094 ; average ton-mile rate, 1.07 cents.

Earnings.— Passenger $314,864 04

Freight 345,41941

Mail and Express 87,294 28

Miscellaneous. . . 9,075 00

Total ($8,891.73 per mile) $756,152 75

Expenses. — Transportation §242,724 62

Maintenance of Equipment 64,392 67

Maintenance Way & Buildings.. 111,556 69
General 44,085 75

Total ($5,441 .67 per mile) $462,759. 7c

Net earnings (38.8 per cent.), $293,393.02. Add receipts from rents, $496.88 ; interest,
$9,587.43— total available revenue, $303,477.33. Payments : Interest on bonds, $59,133.74 ;
on debt, $571.07 ; dividends on guaranteed stock, $35,028 ; other dividends (7 per cent.).
$156,660— total, $251,392.81. Balance, surplus, $52,084.52. Deficit from last year, $48,-
936.53. Surplus, June 30, 1891, $3,147.99.

540 POOR'S MANUAL — RICHMOND, FREDERICKSBURG AND POTOMAC RR. CO.
General Balance Sheet, June 30, 1891.

Cost of Road, Equipment, and Property.. .$3,482,936 41

Materials and Fuel 22,332 64

Bills Receivable 24,632 08

Potomac Railroad Company 121,712. 05

Current Accounts 53,279 63

Cash on Hand 339.102 71

Total Assets $4,043,995 52

Common Stock (par, $100) $1,166,900 00

Guaranteed Stock (par, $100) 500,400 00

Dividend Obligations and Scrip 1,071,350 00

Funded Debt Outstanding 1,120,971 23

Bills Payable 2,240 00

Accrned Interest, not Due 8,625 00

Current Liabilities 170,36130

Profit and Loss. . . . 3,147 99

Total Liabilities §4,043,995 52

The guaranteed stocks consist of $481,100 7 per cent, and $19,300 0 per cent. The divi-
dend obligations were issued to stockholders in place of net earnings, applicable to dividends,
which had been expended, on improvements and credited to profit and loss. They stand upon
precisely the same footing as common stock, except that they do not carry voting power ; and
they are entitled to share equally in any dividends that may be declared.

Dividends of 7 per cent, each were paid on common stock, and dividend obligations in
1888 and 1889 ; 6| per cent, in 1890, and 3£ per cent. January 2, 1891.

Funded debt outstanding ($1,130,971.23), June 30, 1891, consisted of :

1st mortgage coupon bonds, dated 1858, due in London, 1901, 5 per cent., interest January and July $48.687 60

1st mortgage coupon bonds, dated 1858, due in London, 1895, 6 per cent., interest January and July 888 80

1st mortgage coupon bonds, dated 1870, due in United States, 1901, 6 per cent., int. May and November 300,000 00
1st mortgage convertible bonds, dated 1856, due in United States, 1901, 5 per cent., int. Jan. and July.

1st mortgage convertible bonds, dated 1856, due in United States, 1895. 6 per cent., int. Jan. and July,
1st mortgage convertible bonds, dated 1856, due in United States, 1895, 7 per cent., int. Jan. and July. .
2d mortgage certificates of debt, dated 1844 and 186(5. due in U. S., 1901-02, 5 per cent., int. Jan. & July
1st mortgage certificates of debt, dated 1858, due in United States, 1899, 7 per cent., int. Jan. and July.

99,150 00

8,530 00
26,84000
53,511 83

,..__. .. „.. 83.3(5300

Consolidated 4J per cent. 50-year $1,000 coupon bonds, due April'l, 1940, fnterest April and October." . . 500,000 on
The above bonds are all first mortgage, with the exception of the 5 per cent, certificates
of debt, due in 1901-02, and the consolidated gold bonds of 1940.

The authorized amount of consols is $2,000 000, of which a sufficient amount is reserved
to redeem the prior lien bonds at maturity, and the remainder will be used in providing
means for extensions and improvements. There is provision for Registration of principal
and interest of these bonds.

Annual meeting, third Wednesday in November, at Richmond, Va. Transfer books close
for annual meeting or for dividends, teu days"*previously. Dividends on guaranteed stock
payable May and November; on common stock January and July, both payable at Phila-
delphia, Pa., and Richmond, Va. Interest payable at New York, N. Y. ; Richmond, Va, :
and Philadelphia, Pa. Trustees of bonds, E. R. Robinson and Central Trust Co., New
York, N. Y. Registrar of stock, J. B. Winston, Secretary.

RAILROADS LEASED BY THE R. F. & P. RR. Co.

POTOMAC RAILROAD.— Quantico, Va.,to R.. F. & P. Junction, 1.70 miles; sidings, 0.17 mile.
Opened May 1. 1872. Leased by R., F. & P. RR. Co. Capital stock, $2,000 ; advances by lessee (at 6 per cent.),
$121,712.05— total, representing cost of road, etc., $123,712.05. CHARLES CHAUNCEY; President, Philadelphia. Pa.

RICHMOND, PREDERICKSBURG AND POTOMAC AND RICHMOND AND
PETERSBURG CONNECTION RAILROAD.-In Richmond, Va., 1.25 miles. Kail (steel), 67 Ibs.
Chartered March 3, 1866. and road opened May 1. 1867. Operated by the R., F. & P. RR. Co., under the terms <>r
a lease made to that company and the R. & P. RR. Co., jointly, on August 1, 1866, and supplemental agreement of
April 1, 1867. by which the lessors agree to pay as rental a specific shm on passengers and freight moved over
this road, with a guarantee that such rental shall equal 8 per cent, on the stock of this company. Income for
year ending June 30, 1891.— Rental, $23,460.11 ; interest and rents, $914.98— total, $24,375.09. Deduct expr.
$798.20; dividends, $16,000— total, $16,798.20. Balance, surplus, $7,576.89; surplus from 1890, $80,878.60— total
surplus, $38,155.39. Financial Statement, June 30, 1891.— Capital stock ($100 shares), $140,000 : current accounts,
S71fi : profit and loss, $88,155.89— total, $178.871.39. Contra: Cost of road, $140,739.82 : real estate and build-
ings. $12,800.55 ; cash on hand, $25,331.02— total, $178,871.39. Annual meeting, fourth Wednesday in November.
at Richmond, Va. Transfer books close ten days previous to meeting or to payment of dividends. Dividends of
8 per cent, are guaranteed on stock by the R.."F. & P. and the R. & P. RR. Cos. Dividends payable May and
November, at Richmond, Va. ; 48 payments made to the close of the last fiscal year. E. T. 1). M .
it ful and General Superintendent; J. B. Winston, Richmond, Va., Secretary, Trea*iir<-i\ and Registrar of Stock.
CORPORATE OFFICE, Richmond, Va.

Board of Directors, R., F. & P. RR. Co., elected November 18. 1891.

W. T. Walters Baltimore, Md. I M. Robinson, Jr Philadelphia. 1'a.

B. F. Newcomer " " | H. G. Ward New York. N. Y.

State Director— \*. B. Anderson Norfolk, Va.

E. T. D. MYERS, President and Gen. Supt Richmond, Va.

J. B. Winston, Secretary and Treasurer Richmond, Va.

PRINCIPAL OFFICE AND ADDRESS. . Richmond, Va.

POOB'S MANUAL OF RAILROADS. 541

RICHMOND, NICHOLASVILLE, IRVINE AND BEATTYVILLE RR. CO.

( Versailles. Ky., to Beattyville, Ky 97

Lines of Koad FrojecteU : -J Beattvv., Kv.", to Jellico or Middleboro4, Ky.. 100— 197 miles.

Completed : December 31, 1891, Versailles, Ky., to Irvine, Ky 61 miles.

Sidings, 5.67 miles, Gauge, 4 ft. 8£ in. Rail (steel), 60 Ibs.

History.— Chartered March 10, 1888 ; road completed as above at the close of 1891.
Receiver appointed December 2, 1891, on the application of the Central Trust Co. of New
York, X. Y.. trustee of the first mortgage.

Rolling Stock.— Locomotive engines, 3. Cars — passenger, 4 ; baggage, etc., 1 ; freight,
100— total cars, 105.

Operations, etc. — Not reported ; road in contractor's hands.

Financial Statement. — Capital stock (authorized at rate of $30,000 per mile) subscribed,
$2,425,000; funded debt (1st mortgage 6 per cent. 30-year $1,000 gold bonds, dated July 1,
1889, interest January and July) issued and outstanding, $1,205,000 — total stock and bonds,
$3,6oO,000. The bonds are coupon with privilege of registration, and are authorized at the
rate of $25,000 per mile. Trustee, Central Trust Co., New York, N. Y. Interest payable at
the Bank of North America, New York City.

Annual meeting, second Tuesday in July.

Directors.— John W. Stine, Thomas W. Bullitt, A. L. Schmidt, E. T. Halsey, Henry L.
Stone, J. W. Ainsley, R. Reid Rogers, Louisville, Ky. ; T. B. Moloney, Beattyville, Ky. ;
W. T. B. Williams, Irvine, Ky. ; B. M. Arnett, W. L. Steele, Nicholasville, Ky. ; Newland
Jones, John D. Harris, C. D. Chenault, C. L. Searcy, Richmond, Ky.

JOHN McLEOD, Receiver Louisville, Ky.

Vice-President— C. D. Chenanlt Eichmond, Ky. | Secretary and Treasurer— R. R. Rogers.. Louisville, Ky.

PRINCIPAL OFFICE AND ADDRESS Louisville, Ky.

RIO GRANDE AND EAGLE PASS RAILWAY COMPANY.

Line of Koad. — Laredo, Tex., to Santo Toinas, Tex. 27.75 miles.

Sidings, 2.25 miles. Gauges, 4 ft. Si in. and 3 ft. Steel rails, 4 miles.

History. — Organized under the name of the Rio Grande and Pecos Ry. Co. February 27,
1882; road opened as above, early in 1883. Placed in the hands of a receiver in May, 1884.
Sold under foreclosure December 17, Ib84, and purchased by bondholders, who organized
the present company in June, 1885. Projected to run from Laredo to Eagle Pass, 135 miles.

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars — freight (box, 3; platform,
2 ; coal, 22). 27 ; caboose, 1— total cars, 28.

Operations for year ending June 30, 1891. — Train mileage (freight), 137,640 miles.
Passengers carried, 3,534. Tons freight moved, 19,698 ; moved one mile, 546,633. Earnings
passenger, $2,527.85; freight, $22,258.36 ; other, $340.25— total, $25, 126.46.^Operating ex-
penses, $19,813.90 Net earnings, $5,312.56. Paid taxes, $1,224.89. Surplus, $4,087.67.
Surplus forward ($10,057.12 less deductions, $9,675.75), $381.37— total, $4,469.04.

Financial Statement, June 30, 1891.— Capital stock, $600,000 ; current accounts,?$2,-
519.90; profit and loss, $4,469.04; surplus.. June 30, 1890, $18,276— total, $625,264.94.
Contra : Stocks, $600,000 ; lands owned, $6,000 ; materials and fuel, $2,600 ; earnings trans-
ferred to agent for bondholders, $9,675.75; current accounts, $3,892.55; cash on hand, s3.-
096.39— total, $625,264.94.

Directors.— Charles B. Wright, Philadelphia, Pa. ; Charles B. Wright, Jr., A. L. Me-
Lane, James J. Haynes, W. H. Mo wry, E. A. Atlee, Joseph Deutz, D. H. Randolph, W. M.
Sharpe, Laredo, Tex.

CHARLES B. WRIGHT, JR., President Laredo, Tex.

W. M. Sharpe, Vice-President and Treasurer Laredo, Tex.

Secretary— E. A. Atlee Laredo, Tex. | General Manager— W. L. Ciddens Laredo, Tex.

PRINCIPAL OFFICE AND ADDRESS Laredo Tex

54:2 POOR'S MANUAL OF RAILROADS.

RIO GRANDE RAILROAD COMPANY.

Line of Road. — Brownsville, Tex., to Point Ysabel, Tex 22.50 miles.

Gauge, 3 ft. 6 in. Rail (steel, 3.5 miles), 35 Ibs.

History.— Chartered August 23, 1870 ; road opened July 4, 1872.

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 3 ; freight
(box, 27 ; platform, 24), 51 ; other cars, 2 — total cars, 56. Also 3 lighters.

Operations for year ending June 30, 1891.— Train mileage (mixed), 19,300 miles. Pas-
sengers carried, 5,380 ; carried one mile, 12,105. Tons freight moved, 17,400 ; moved one
mile, 391,500. Earnings— passenger, $2,659.56; freight, $72,700.76 ; mail, $941.51— total,
$76,301.83. Operating expenses— transportation, $25,404.28 ; maintenance of cars, $9,560.19;
way and buildings, $4,777.95 ; general, $9,918.73— total, $49,661.15. Net earnings, $26,-
640.68. Payments : Interest on bonds, $6,860 ; taxes, $1.556.26 ; other, $12,602.20— total,
$21.018.46. Surplus, $5,622.22.

Financial Statement, June 30, 1891.— Capital stock (authorized, $500,000), $255,200 ;
funded debt, $92.000 1st mortgage 7 per cent. 20-year $1,000 bonds due July 1, 1892, interest
January and July, and $50,000 2d mortgage 5 per cent. 10-year bonds, due January 1, 1893 ;
current accounts, $8,250.01 ; profit and loss, $47,209.51— total, $452,659.52. Contra : Con-
struction, $358,140.55; rolling and floating stock, $67,059.47; lumber on hand, $711.05;
current accounts, $16,047.23 ; cash, $10,701.22— total, $452,659.52.

It was provided that interest on second mortgage bonds should be payable annually after
5 years from date of mortgage, but no interest has been paid to date. Annual meeting, on
the 22d of May, at Brownsville, Tex. ; books close three days previously. Voting power
attaches to stock after 4 days ownership. Interest payable at Brownsville, Tex. Trustees
of bonds, Feliciano San Roman and Simon Celaya.

Directors (elected May 22, 1891. — James A. Browne, Simon Celaya, F. San Roman,
James B. Wells, William Kelly, August Celaya, Brownsville, Tex. ; H. Nielsen, Matamoras,
Mex.

JAMES A. BROWNE, President Brownsville, Tex.

Treas. & Secretary— Jose* Celaya. . . .Brownsville, Tex. | Auditor— George Tripland Brownsville, Tex.

PRINCIPAL OFFICE AND ADDRESS Brownsville, Tex.

RIO GRANDE SOUTHERN RAILROAD COMPANY.

Main Line of Road. — Ridgway to Durango, Col 162.6

Telluride Branch : Vance Junction, Col., to Telluride, Col 9.8 — 172.4 miles.

Sidings, 4.7 miles. Gauge, 3 ft. Rail (steel), 117.4 miles, 30 Ibs ; 55 miles, 40 Ibs.

History. — Chartered October 30, 1889, and road opened from Ridgway to Telluride, 46
miles, in November 1890. Extension to Durango opened December 20, 1891.

Rolling; Stock, June 30, 1891. — Locomotive engines, 11. Cars — passenger, 10 ; bag-
gage, mail, and express, 6 ; freight (box, 300 ; flat, 100 ; coal, 100), 500 ; caboose, 4 ; other,
13— total cars, 533.

Operations for seven months ending June 30, 1891 (46 miles). — Train mileage and traffic
operations not reported. Earnings — passenger, $22,420.62; freight, $93,060.03; mail, $1,450;
express, $2,224.83; other, $223.43— total, $119,378.91. Operating expenses— transportation,
$33,115.14; contingent expenses, $3,538.44 ; maintenance of equipment, $2,920.30 ; mainten-
ance of way, etc., $9,143.73 ; general, $1,331.98— total, $50,049.59. Net earnings, $69,329.32.
Payments : Interest on bonds, $33,541.66 ; other payments, $7,350— total, $40,891.66. Ba-
lance, surplus, $28,437.66.

Financial Statement, June 30, 1891.— Capital stock (authorized, $5,000,000, at the
rate of $25,000 per mile ; par, $100) paid in, $1,150,000; funded debt (1st mortgage 5 per
cent. 50-year $1,000 gold coupon bonds, with provision for registration of principal, due July
1, 1940, interest payable January and July (authorized, $5,000,000, at the rate of $25,000 per
mile), outstanding, $1,150,000 — total, representing cost of road and equipment, $2,300,000.

POOB'S MANUAJL OF RAILROADS. 543

Annual meeting, third Monday in October, at Denver, Col. Interest and dividends pay-
able at the office of Maitland, Phelps & Co., 24 Exchange Place, Xew York City. Trustee of
bonds, Central Trust Co., New York, N. Y.

Directors (elected June 18, 1890).— Otto Mears, J. A. Cooper, H. R. Wolcott, John L.
McNeil. Fred Walseu. J. W. Gilluly, Denver, Col.; D. C. Hartwell, Ouray, Col.

OTTO MEARS, President Denver, Col.

Treasurer— 3 . W. Gilluly Denver, Col. | Secretary— J. L. McNeil Denver, Col

PRINCIPAL OFFICE AND ADDRESS Denver, Col.

Stock Transfer Office Maitland. Phelps & Co., New York City.

RIO GRANDE WESTERN RAILWAY COMPANY (The).

Main Line of Road.— Ogden, Utah, to Crevasse, Col 310.2

( Bingham : Binguam Junction to Bingham, Utah 16.3

| Little Cottonwood : Bingham Junction to Alta, Utah 18.2

Branches : •( Pleasant Valley : Pleasant Valley June., Utah, to Coal Mines 20.0

| San Pete and Salina Division : Thistle to Mauti, Utah 60.8

[Other Branches ' 2.9

Leased : D. & R. G. RR. : Crevasse, Col., to Grand Junction, Col 18.2 — 446.6 mile?.

Sidings, 62.1 miles. Gauge, 4 ft. 84 in. Rail (steel), 65 Ibs.

History, — Consolidation June, 1889, of the (reorganized) Denver and Rio Grande Western,
and the Denver and State Line Ry. Co.«. (See MANUAL for 1889, page 887.) On July 1, 1891,
the company began operating the Sevier Ry., from Manti to Salina, Utah, 25.7 miles. The
San Pete Division, formerly o ft. gauge, was broadened to the standard July 15, 1891. The
company does not now operate any narrow-gauge road. Since the close of the fiscal year the
San Pete and Salina Division has been extended from Manti to Salina, 25.7 miles, and on
January 1, 1892, the company began operating the Tintic Range Ry. from Springville, Utah.
to the Tiutic mining district, 50 miles, increasing the length of road operated to 522.3 miles.
The last named line was built in 1891, by parties interested in this company. By the terms
of the purchase agreement the securities of the Tir.tie Range Ry. Co. consisting of $1,250,000
fir^t mortgage 5 per cent bonds $500,000 preferred stock and $750,000 common stock were
turned over to the Rio Grande Western Ry. Co. in consideration of an issue of 250,000 shares
of the latter company's common stock, which was in turn offered to shareholders of the R.
G. AY. Co. for subscription at 40 per cent of its face value.

Rolling Stock, June 30, 1891. — Locomotive engines, 74. Cars — passenger, 35; baggage,
mail, and express, 17 ; freight (box, 279 ; stock, 153 ; flat, 175 ; coal, 388 ; fruit, 75 ;
ore, 56), 1,126 ; caboose, 19 ; other, 11 — total cars. 1,208. The foregoing includes the follow-
ing narrow-gauge equipment : 20 locomotives, 7 passenger cars, 107 box, 25 flat, 62 stock,
189 coal, 56 ore, 1 Hanger, and 5 caboose cars.

Operations for year ending June 30, 1891. — Train mileage — passenger, 557.435 ; freight,
584,153; mixed, 42,192 ;— total, 1,183,780 miles. Passengers carried, 229,603; carried one
mile, 29,050,793 ; average mile rate, 2.20 cents. Tons freight moved, 569,209 ; moved
one mile, 81,812,208 ; average ton-mile rate, 1.95 cents.

Earnings.— Passenger $638.775 ;26

Freight 1,596,01517

Mail and Express 104,124 41

Miscellaneous 7,215 89

Expenses.— Transportation $790,986 52

Motive Power and Cars 214,966 26

Maintenance of Way, etc 314,164 08

General and Contingent 129,960 72

Total ($5,764.45 per mile) $2,346,130 73 • Total ($3,664.89 per mile) .$1,450,077 58

Net earnings (38.19 per cent.), $896,053.15. Add other receipts, $2,262— total available
revenue, $898,315.15. Payments : Interest on bonds, $535,500 ; taxes, $37,187.76 ; insur-
ance, $4,344.71 ; rental, leased lines, $14,400 ; dividends on preferred stock, $255,368.75 ;
other payments, $744.37— total payments, $847,545.59. Balance, surplus, $50,769.56 ; sur-
plus from last year ($257,885.33 ; less charges, $70,415.47), $187,469.86— total surplus as per
general balance sheet, $238,239.42.

544 POOR'S MANUAL OF RAILROADS.

General Balance Sheet, June 30, 1891.

Cost of Road $26,292,521 75

Cost of Rolling Stock 1 .457,478 25

Material on Hand 219,721 41

Current Accounts 187.74373

Cash on Hand 546,377 74

Total Assets $28,703,842

Preferred Stock $6.250,000 00

Common Stock 7,500,000 00

First Mortgage Bonds 14,000,000 00

Taxes Accrued but not due 19,998 00

Interest on Bonds Accrued but not due. . . 290,216 60

Dividends Payable August 1, 1891 75,143 75

Due Foreign Roads . 29,063 60

Vouchers, Wages, ere 301,181 51

Cash Surplus 238,23942

Total Liabilities $28,703,842 88

For terms of plan of reorganization showing under what conditions the stock and bonds
were issued, see MANUAL for 1891, page, 904.

Funded debt consists of ($16,000,000 authorized) first trust mortgage 4 per cent. 50-year
gold bonds, due August 1, 1939, interest payable January and July. Trustee, Central Trust
Co. of New York. In case of default in interest on bonds, the bondholders will have the
power to appoint a majority of the Board of Directors.

The preferred stock is entitled to dividends up to 5 per cent, per annum, non-cumulative,
before the common stock shall be entitled to any dividends. After the payment in any one
year of 5 per cent, on both the preferred and common stock, both classes of stock to share on
an equal footing in the distribution of any further dividends for that year. Dividends pay-
able quarterly. Interest payable at the State Trust Co., New York. Registrar of stock,
Central Trust Co. of New York. Annual meeting, last Monday in July.

SEVIER RAILWAY.— Manti to Salina, Utah, 25.7 miles. Chartered in May, 1891, to build a railroad
f rom Manti to Marysville and Farowau, with branches, about 200 miles. Road opened as above July 1, 1891.
Operated under lease by the Rio Grande Western Ry. Co., which owns all of this company's stock and bonds?.
Capital stock— common. §385,500 ; preferred, $257,000 ; first mortgage bonds, $642,500— total stock and bonds,
SI 285,000. Directors : David C. Dodge, A. E. "Welby, William F. Colton, George Goss, Robert Harkness. GEN-
EKAL OFFICE, Salt Lake City, Utah.

Board of Directors, The Rio Grande Western Ry. Co., January 1, 1892.

William J. Palmer.New York, N. Y.

Edwin Packard

Jas. C. Parrish "

C. J. Canda New York, N. Y. I D. C. Dodge Denver, Col.

G. Foster Peabody. " " Jos. D. Potts Philadelphia, 1'a.

Spencer Track " " j B. Schlessinger Boston, Mass.

WILLIAM J. PALMER, President 32 Nassau St., New York, N. Y.

George Foster Peabody, 1st Vice-President 32 Nassau St., New York.

David C. Dodge, 2d Vice-P resident and Genera! Manager Denver, Col.

Sec. and Treas.— Chas. W. Drake New York, N. Y. | Auditor— Tlieron Geddes Salt Lake City, Utah.

PRINCIPAL OFFICES AND ADDRESSES Denver, Col., and Salt Lake City, Utah.

Transfer Office Mutual Life Insurance Building, 32 Nassau St., New York, N. Y.

ROANOKE AND SOUTHERN RAILWAY COMPANY.

Line of Road.— Winston (Salem), N. C., to Roauoke, Va 122 miles.

Sidings, 5 miles. Gauge, 4 ft. 8J in. Rail (steel), 56 Ibs.

History. Chartered June 18, 1887, and succeeded to the rights of the Roanoke and

Southern in North Carolina and the Roanoke and Southern in Virginia. Road opened as
above February 4, 1892. On March 1, 1892, this line passed under the control of the Norfolk
and Western RR. Co., under the terms of a lease, details of which are given in the statement
for that company.

Rolling Stock, December 31, 1891.— Locomotive engines, 5. Cars— passenger, 5 ; hag-
gage, mail, and express, 2 ; freight (box, 25 ; platform, 29), 54— total cars, 61.

Operations for year ending June 30, 1891. — Train mileage and traffic statistics not reported.
Earnings— passenger, $21,710.60; freight, $29,036.95; mail, $1,213.73; other, $131.98-
total, $52,093.26. Operating expenses— transportation, $12,013.92; motive power, §1,236.59;
maintenance of cars, $1,186.36 ; of way and buildings, $7,773.39 ; genera], $5,164.32— total,
$27,374.58. Net earnings, $24,718.68.

American Bank Note ComPany<

78 TO 86 TRINITY PLACE, NEW YORK.

BUSINESS FOUNDED, 1795. — INCORTORATED UNDER LAWS OF STATE OF NEW YORK, 1858.— REORGANIZED, 1879.

ENGRAVERS Z PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange, letter Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IN THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES,
WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING.

Special papers manufactured exclusively for use
of the Company.

SAFETY COLORS.- -SAFETY PAPERS.

\VORK EXECUTED IX FIRE-PROOF BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,
ILLUMINATED" SHOW CARDS

OF THE MOST APPROVED STYLES.
NUMBERED, LOCAL AND COL-PON TICKETS, of any Size, Pattern, Style, or Device with Steel Plate Tints

LITHOGRAPHIC AND TYPE PRINTING.

SHOW CARDS, LABELS, CALENDARS.

Blank: Bookis of Every Description

TRUSTEES :
JAMES MACDONOUGH, PRESIDENT.
AUG. D. SHEPARD,— VICE-PRESIDENTS— TOURO ROBERTSON.

THEO. H. FREELAND, SECRETARY AND TREASURER.
JNO. E. CURRIER, ASST. SECRETARY. J. K. MYERS, ASST. TREASURER.

P. C. LOUNSBURY, JOS. S. STOUT, J. B. FORD,

T. H. PORTER, W. J. ARKELL, E. C. CONVERSE, ELLIOTT F. SHEPARD.

UTAH, COLORADO, ARIZO

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^ry Lakes Aubry City

150 Miles S.Ignacio°

AND NEW MEXICO.

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POOR'S MANUAL OF RAILROADS. 545

Financial Statement, January 1, 1892.— Capital stock authorized, $8,000,000; subscribed,
$2,396,450 ; funded debt (1st mortgage 5 per cent. 30-year gold bonds, dated March 1, 1892 ;
authorized at rate of $15,000 per mile, for extended line, interest payable March and Septem-
ber) $2,041,000. Contra : Cost of road and equipment to date, $2,123,060. The new 5 per
cent bonds were issued (under the arrangement of lease) in place of the old 6s of 1889. They
are guaranteed, both as to principal and interest, by the Norfolk and Western RR. Co.,
which has acquired 18,378 shares of stock out of a total of 23,964 shares.

Annual meeting, second Tuesday in September, at Roanoke, Va. Interest payable at
the office of the trustee, Mercantile Trust and Safe Deposit Co., Baltimore, Md.

Directors (elected September 8, 1891).— E. H. Stewart, R. A. Buckner, S. \V. Jamison,
J. T. Engleby, Roanoke, Va. ; J. W. Fries, C. H. Fogle, Salem, X. C. ; J. A. Gray, J. W.
Alspaugh, J. E. Gilmer, Winston, N. C. ; P. P. Watson, J. H. Mathews, Martiusville, Va. ;
John 0. Coan, Henry Co., Va. ; F. J. Stone, Stoneville, X. C. ; R. C. Hoffman, George C.
Jenkiu?, Baltimore, Md.

F. H. FRIES, President Salem, N. C.

H. S. Trout, 1st Vice-P resident Roanoke, Va.

Treasurer— R. D. Lankf ord Winston, N. C. | Secretary—^. P. Warrington Roanoke, Va.

PRINCIPAL OFFICE AND ADDRESS Winston-Salem, N. C.

Transfer Office Roanoke, Va.

ROCHESTER AND GLEN HAVEN RAILROAD COMPANY.

Line of Road.— Rochester, N. Y., to Glen Haven, X. Y 3.48 miles.

Sidings, etc., 0.67 mile. Gauge, 3 ft. Rail (steel), 65 Ibs.

History.— Chartered December 2, 1887 ; road opened June 18, 1889.

Rolling Stock, June 30. 1891. — Loc -motive engines, 2. Cars — passenger, 5 ; baggage, 1 ;
freight (flat), 12— total cars, 18.

Operations for year ending June 30, 1891. — Train mileage (passenger), no record.
Passengers carried, 105,092 ; carried one mile, 357,822 ; average mile rate, 2.89 cents. Earn-
ings i passenger), $10,363.64. Operating expenses, $7,938.55. Xet earnings (23. 40 per cent.),
$'2.425.09. Add rents, $688.83— total available revenue, $3,113.92. Payments: Interest on
bonds, $5,047 ; taxes and insurance, $1, 225.83— total, $6,272.83. Balance, deficit. $3,158.91 ;
add deficit from last year, $5,929.94— total, $9,088.85.

Financial Statement, June 30, 1891.— Capital stock (par, $100 ; authorized, $200,000),
$96,900 ; funded debt 1st mortgage 6 per cent. $100 and $500 coupon 5-20-year bonds, dated
March 1, 1889, interest payable March and September, $60,000 ; 2d mortgage 6 per cent.
5-20-year $100 and s500 bonds, dated March 1, 1890, interest payable March and September,
$40,000 ; current accounts, .$7,812.23 ; other liabilities,' $3,214.83— total, $207,927.06.
Contra : Cost of road. $172,252.97 ; rolling stock, $19.678.51 ; materials and fuel, $720.97 ;
current accounts, $1,901.24; cash on hand, $4,284.52; profit and loss, $9,088.85.

Meeting, second Tuesday in February, at Glen Haven. Irondequoit, X. Y. Voting power
attaches to stock after ten days' ownership. Interest payable at the office of the trustee, the
Rochester Trust and Safe Deposit Company.

Directors.— F. S. Minges, Frank P. Crouch, E. W. Maurer, James Palmer, Jr., John D.
Lynn, Edward Apple, S. A. McKinney, Xicolas Braver, John Rauber, M. fl. Briggs, E. W.
Huntington, Robert Renfeu, S. O. Raymond, Rochester, X. Y.

F. S. MINGES, President Rochester, X. Y.

F. P. Crouch, Vice- President Rochester, N. Y.

Treasurer— James Palmer, Jr Rochester, X. Y. | Secretary— E. W. Maurex Rochester, N. Y.

PRINCIPAL OFFICE AND ADDRESS Glen Haven. Irondequoit, X'. Y.

Transfer Office Rochester, N. Y.

35

54:6 POOR'S MANUAL OF RAILROADS.

ROCHESTER AND LAKE ONTARIO RAILROAD COMPANY.

Line of Road. — Rochester, N. Y., to Lake Beach, Irondequoit Bay, N. Y 6.05 miles.

Sidings, etc., 0.37 mile. Gauge, 4 ft. 8£ in. Rail,,40 Ibs.

History. — Chartered June 3, 1879 ; road opened August 5, 1879.

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 10; freight
(platform), 1 ; other, 2 — total cars, 13.

Operations for year ending June 30, 1891.— Train mileage (passenger), 44,620 miles.
Passengers carried, 257,972 ; carried one mile, 1,366,866 ; average mile rate, 2.05 cents.
Earnings (passenger), $27,964.38. Operating expenses, $17,468.77. Net earnings, $10,495 61.
Add other receipts, $2,040.22— total available revenue, $12,535.83. Payments : Dividends
on stock (10 per cent.), $6,500 ; taxes, $1,783.37— total, $8,283.37. Balance, surplus,
$4,252.46. Surplus from last year, $17.969.05— total surplus ($22,221.51, less depreciation,
$4,149.08), $18,072.43.

Financial Statement, June 30, 1891. -Capital stock (par, $100), $65,000 ; open accounts,
$326.76 ; profit and loss, $18,072.43— total, $83,399.19. Contra: Construction, $59,917.25 ;
equipment, $7,693.57; cash, $10,777.84 ; current accounts, $10.53 ; sinking fund, $5,000.

For statement of dividend payments, from the organization of the company to the close
of the fiscal year 1889-90, see MANUAL for 1891.

Annual meeting, first Monday in June.

Directors. — Michael Filon, N. H. Galusha, H. H. Edgerton, George B. Smith, J. D.
Whipple, William C. Barry, Rochester, N. Y. ; P. B. Viele.

NORMAN H. GALUSHA, Pres., Treas., and Gen. Mgr Rochester, N. Y.

George B. Smith, Vice- President

Secretary— 3. L. Weld Rochester, N. Y. | Master Machinery-— Geo. Gardner Rochester, N. Y.

PRINCIPAL OFFICE AND ADDRESS Irondequoit, Monroe Co., N. Y.

ROCKAWAY VALLEY RAILROAD COMPANY.

Projected Line of Road. — White House, N. J., to Morristown, N. J 25 miles.

Completed, December 31, 1891 : White House to Mendham, N. J 18 miles.

Gauge, 4 ft. 84- in. Rail (steel), 50, 56, and 63 Ibs.

History. — Consolidation January 10, 1890, of the Rockaway Valley, Rockaway Valley
Extension, and Rockaway Valley Peapack Extension RR. Cos. (See MANUAL for 1891.) The
extension from Peapack to Mendham, 6 miles, was completed June 13, 1891, and it is ex-
pected to complete the road to Morristown in 1892. Leased for 10 years from September 15,
1890, to the Rockaway Valley Manufacturing and Construction Co. (W.W. Sutton, President],
no bond interest or dividends to be paid, but interest allowed to accumulate during the term
of the lease. This agreement does not, however, refer to any bonds issued on the extension.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; freight, 2 ; lime, 10.

Operations. — Not reported.

Financial Statement.— Capital stock (par, $50), $200,000 ; funded debt (first mortgage
5 per cent. 20-year bonds, due January 1, 1910, interest payable January and July), $200,000;
other liabilities, $7,000— total, $407.000. Contra: Cost of road and equipment, $207,000.

Annual meeting in January. Interest payable in New York, N. Y., at office of the
Farmers' Loan and Trust Co. , Trustee.

Directors. — Not reported.

J. N..PIDCOCK, President White House, N. J.

W. W. Sutton, Vice-President New Germantown, N. J.

Sec. and Treas. — J. H. Sayre . . .New Germantown, N. J. | Superintendent — J. E. V. Melick . . .White House, N. J.

PRINCIPAL OFFICE AND ADDRESS White House, N. J.

POOR'S MANUAL OF RAILROADS. 547

ROCK ISLAND AND PEORIA RAILWAY COMPANY.

Main Line of Road.— Rock Island, 111., to Peoria, 111 91

Rock Island and Mercer Co. RE.: Milan, 111., to Cable, 111 22—113 miles.

Sidings, etc., 12.41 miles. Gauge, 4 ft. 8J- in. Rail (steel, 116.13 miles), 56 and 60 Ibs.

History.— Reorganization October 9, 1877, of the Peoria and Rock Island RR. Co., whose
road was sold under foreclosure April 4, 1877. The Rock Island and Mercer County RR.
was leased July 1, 1885, for 999 years, and the rental commuted for the entire period at
$450,000.

Rollins: Stock, June 30, 1891.— Locomotive engines, 16. Cars — passenger, 8 ; baggage,
etc., 3 ; freight (box, 193 ; platform, 30; stock, 30 ; coal, 150 ; caboose, 8), 411 : other, 3 —
total cars, 425.

Operations for year ending June 30, 1891. — Train mileage — passenger, 115,995 ; freight,
201,998; mixed, 44,433; other, 90,002— total, 452,428 miles. Passengers carried, 177,126;
carried one mile, 4,285,568 ; average mile rate. 2.51 cents. Tons freight moved. 641,010 ;
moved one mile, 37.896,511 ; average ton-mile rate, 1.41 cents.
Earnings.— Passenger $107,808 69

Freight 534,457 98

Mail and Express 15,412 80

Miscellaneous. 1,519 20

Total (S5.833.61 per mile) $659,198 67

Expenses.- Transportation .- §159.901 5g

Motive Power and Cars 40,723 63

Maintenance Way and Buildings 68,819 84
General 42,061 38

Total ($2,756.69 per mile) $311.506 41

Net earnings (52.74 per cent.), $347,692.26. Add interest and dividends received, $17,-
234.44; telegraph, demurrage, and rental receipts, not otherwise provided for, $954.31 —
total available revenue, $465,881.01. Payments ; Interest on bonds, $42,000; dividends on
stock (January 1 and July 1, 2$ per cent, each), $75,000 ; taxes, $25,490.50— total, $142,490.-
50. Surplus, $223,890.51 ; surplus from 1890, $210,584.74— total surplus, $869,653.49.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $1,500.000; funded debt
(1st mortgage 10 per cent. 22-year $25,000 coupon bonds, due January 1, 1900, interest paya-
ble January and July, $150,000 ; consolidated mortgage 6 per cent. 40-year $5,000 registered
bonds, due July 1, 1925, interest payable January and July, $450,000), $600,000 ; current
accounts, $51,493.37; profit and loss, $869,653.49— total, $3,201,146.86. Contra: Cost of
road, equipment, etc., $2,526,309.83 ; stocks owned, $4,000 ; materials and supplies, $10,-
037.23; bills receivable, $340,000; current accounts, $42,971.02; cash on hand, $97,828.78—
total, $3,201,146.86.

Annual meeting, second Tuesday in June, at Rock Island, 111. Books close for dividends
on the 15th of June and 15th of December. Interest and dividends payable at Corn EXT
change Bank, New York City. Total number of dividends paid to date, 26. Trustee of
bonds, Metropolitan Trust Co., New York, N. Y. Registrar of stock, H. B. Sedlow, Rock
Island. 111.

Directors (elected June 9, 1891).— R. R. Cable, H. H. Porter, Thomas F. Withrow,
Chicago, 111.; H. B. Sudlovv, Rock Island, 111.; David Dows, New York, N. Y.; A. Kimball,
G. W. Cable, Davenport, la.

R. R. CABLE, President Chicago, 111.

A. Kimball, Vice- President Davenport, la.

Sec.. Treas., and Supt.—H. B. Sudlow. . Rock Island, 111. | Auditor— R. H. Hudson Rock Island, 111.

PRINCIPAL OFFICE AND ADDKESS Rock Island, 111.

Stock Transfer Office and Address.. " "

ROCK PORT, LANGDON AND NORTHERN RAILWAY COMPANY.

Line of Road.— Rock Port, Mo., to Langdon, Mo 5.62 miles.

Gauge, 4 ft. 8* in. Rail (steel), 52 Ibs.

History.— Chartered December 28, 1889 ; road completed August 1, 1890. This com-
pany has a traffic arrangement with the K. C., St. J. & C. B. RR. Co.

548 POOR'S MANUAL OF RAILROADS.

Rolling Stock (leased). — Locomotive engine, 1. Cars — passenger, 2 ; freight (box, 1 ;
platform, 1), 2 — total cars, 4.

Operations, etc. — Not reported.

Financial Statement. — Capital stock authorized, $90,000 ; subscribed, $32,000 ; paid
in, $28,000. Funded debt consists of 1st mortgage 6 per cent. 20-year $500 coupon bonds,
dated December 30, 1890, interest payable January and July, authorized, issued, and out-
standing, $25,000. Cost of road and equipment, $60,000.

Interest on bonds payable at the office of the trustee, the National Bank of St. Joseph,
St. Joseph, Mo.

Directors (elected December, 1891). — R. Hunter, John Lockwood, John W. Smith, John
P. Lewis, Henry Warneke, Rock Port, Mo.

R. HUNTER, President Rock Port, Mo.

John Lockwood, Vice- President "

Treasurer— John W. Smith Rock Port, Mo. | Secretary and Auditor— John D. Dopf ..Rock Port, Mo.

PRINCIPAL OFFICE AND ADDRESS. Rock Port, Mo.

ROCKWOOD AND TENNESSEE RIVER RAILWAY.

Line of Road. — Rockwood, Tenn., to Tennessee River 6 miles.

Sidings, etc., 5.25 miles. Gauges, 4 ft. 8£ in. and 3 ft. Rail (steel), 40 and 56 Ibs.

History. — Chartered June 18, 1867 ; road opened in 1868. This road is owned by the
Roane Iron Co., and is operated chiefly as an adjunct to its mines, furnaces, etc., and has no
separate capital stock, bonds, or liabilities.

Rolling Stock. — Locomotive engines, 4. Cars (ore), 16.

Operations for year ending June 30, 1891. — Train mileage and traffic statistics not re-
ported. Earnings— passenger, $1,121.50; freight, $8,888.62— total, $10,010.12. Operating
expenses — transportation and motive power, $7,232.65 ; maintenance of cars, $846.79 ; main-
tenance of way, etc., $1,930.68— total, $10,010.12.

General Balance Sheet, June 30, 1891. — Amount carried on inventory of Roane Iron
Co., $98,933.35. Contra: Cost of road, $76,433.35; of rolling stock, $22,500— total,
$98,933.35.

Directors (Roane Iron Co.), elected January 21, 1891.— H. S. Chamberlain, D. E. Rees,
T. G. Montague, Wm. E. Raht, C. VV. Vinson, Chattanooga, Tenn.; Win. E. Rockwood, In-
dianapolis, lud.; E. R. Forsyth, Greensburg, Ind. ; C. M. McCluug, Knoxville, Tenn.; Samuel
Thomas, A. S. Hewitt, C. M. McGhee, New York, N. Y.

H. S. CHAMBERLAIN, President Chattanooga, Tenn.

General Manager— Q. L. Hurlbut. Chattanooga, Tenn. [ Auditor— R. K. Evans Rockwood, Tenn.

PRINCIPAL OFFICE AND ADDRESS Chattanooga, Tenn.

ROGUE RIVER VALLEY RAILWAY COMPANY.

Line of Road. — Jacksonville, Ore., to Medford, Ore 5.50 miles.

Gauge, 4 ft. 8£ in. Rail (steel), 25 Ibs.

History. — Chartered February 4, 1891 ; road opened during the past year.

Rolling Stock.— Locomotive engine, 1. Cars — passenger, 1 ; freight (box, 1 ; flat, 1), 2.

Operations for year ending June 30, 1891. — Train mileage and traffic statistics not re
ported. Gross earnings, $1,760.03. Operating expenses, $4,168.81. Deficit, $2,408.78.

Financial Statement, June 30, 1891. — Capital stock authorized and outstanding, $100,-
000. Contra : Cost of road and equipment, $41,160.11.

Annual meeting, second Wednesday in January.

POOR'S MANUAL OF RAILROADS. 549

Directors.— W. Honeyman, E. J. Pe Hart, W. A. Buchanan, C. G. Hickok, T. D.
Honeyman, Portland, Ore.

W. HONEYMAN, President Portland, Ore.

Stcrttttry and 7V?</*.-W. A. Buchanan. Portland, Ore. | General Manager— K. J. De Hart, Portland, Ore.

PRINCIPAL OFFICE AND ADDRESS Portland, Ore.

Operating Office Medford, Ore.

ROME RAILROAD COMPANY.

Main Line of Road. — Kingston, Ga., to Rome, Ga 18

Elver Branch : Rome to River, etc 2 — 20 miles.

Sidings, 1.5 miles. Gauge, 4 ft. 9 in. Rail (steel, 16 miles), 56 Ibs.

History.— Chartered, in 1857; main line opened December, 1848.

Rolling: Stock. — Locomotive engines, 2. Cars — passenger, 3 ; freight (box, 5 ; and plat-
form, 4', 9 ; other, 6 — total cars, 18.

Operations for year ending June 30, 1891. — Train mileage, passenger, and freight statis-
tics not reported. Gross earnings from operation, $42,085.78 ; from use of terminal, $12,000
—total, $54,085.78. Operating expenses, §34,381.76. Net earnings, $19,704.02.

Financial Statement, June 30, 1890.— Capital stock, $250,843. No bonds outstanding.

Directors.— W. W. Brookes, J. H. Rhodes, S. S. Johnson, H. H. Smith, Rome, Ga.; W.
Sully, A. Sully, New York, N. Y.

W. W. BROOKES, President and General Manager Rome, Ga.

Secretary and Treasurer— J. H. Rhodes. . .Rome, Ga. | Auditor— O. R. Bilbro Rome, Ga.

PRINCIPAL OFFICE AND ADDRESS Rome, Ga.

Transfer Offices Rome, Ga., and 80 Broadway, New York, N. Y.

RUBY HILL RAILROAD COMPANY.

Line of Road.— Eureka. Nev., to Ruby Hill, Nev 7 miles.

Sidings, etc., 2 miles. Gauge, 3 ft. Rail (steel ), 35 Ibs.

Rolling Stock. — Locomotive engines, 2 ; ore cars, 30.

Operations. — All information refused.

Financial Statement.— Capital stock, $150,000. Contra : Cost of road, $144,000; equip-
ment, $32,452.50; real estate, $6.000— total, $182,452.50.

P. EVERTS, President Eureka, Nev.

Secretary— E. F. Oatman Eureka, Xev. | Treasurer— Frank Miller Eureka, Nev.

PRINCIPAL OFFICE AND ADDRESS Eureka, Nev.

RUMFORD FALLS AND BTJCKFIELD RAILROAD COMPANY.

Line of Road.— Mechanic Falls Junction, Me., to Gilbertville, Me 26.77 miles.

Sidings, etc., 2.85 miles. Gauge, 4 ft. 8| in. Rail (steel, 22.70 miles), 56 Ibs.

History. — Chartered March 3, 1874, and succeeded to the property of the Buckfield Branch
RR. Co., operation of which was resumed July 15, 1878, and road extended to Gilbertville
in 1879. (See MANUAL for 1878, page 79.) Leased November 1, 1890, for 1,000 years to the
Portland and Rumford Falls Ry., which assumes all liabilities of this company and agrees to
pay as rental $200 for organization expenses, and -ffc of one per cent, dividends on stock.
It is provided that this company shall, if required, issue $200,000 bonds, the same to be turned
over to the lessee and the proceeds of them applied to extinguishment of the liabilities of this
company. The bonds will be guaranteed by the lessee. The lessee undertakes to have com-
pleted in two years from the date of the lease a line of railroad from Canton to Rumford
Falls, a distance of about 15 miles.

550 POOR'S MANUAL OF RAILROADS.

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 4 ; baggage,
mail, and express, 2; freight (box, 18 ; stock, 2 ; platform, 60), 80 — total cars, 86.

Operations for year ending June 30, 1891. — Train mileage — passenger, 25,000 ; freight,
24,000 : other, 4,000— total, 53,000 miles. Passengers carried, 29,089 ; carried one mile, 438,-
74'3. Tons freight moved, 41,834 ; moved one mile, 936,021.

Earnings.— Passenger $17,810 86

Freight 33,153 71

Mail, Express, and Other 3,313 25

Total ($2,027 .56 per mile) $54,277 82

Expenses.— Transportation and General $18,670 94

Motive Power and Cars 3,761 03

Maintenance Way & Buildings.. 14,052 52

Total ($1,362.89 per mile) $36,484 49

Net earnings (32.78 per cent), $17,793.33. Payments : Interest on bonds, $10,563 ; in.
terest on debt, $3,758.25; taxes, $90.39— total, $14,411.64. Surplus, $3,381.69; add premium
on bonds sold, $307.85— total, $3,689.54. Deficit forward, $6,164.57— net deficit, $2,475.03.

Financial Statement, June 80, 1891. — Capital stock, $500,000 ; receiver's loan certificates
(first issue, 7 per cent, May 1, 1878-93, interest May and November, $79,900 ; second issue, 7
percent., May 1, 1880-95, interest May and November, $51,000), $130,900; 7 per cent. 15-
year bonds, due July 1, 1898, interest January, Aprl, July, and October, $27,000 ; notes pay-
able, $52,135.16; coupons, $1,527.16 ; rental account, $50; lessee, $22,381.50— total, $733,"
993.82. Contra : Cost of road, $659,265.01 ; equipment, $67,589.56 ; Rumford Falls Extension,
$744.05; cash, $580.98; notes receivable, $72.50; materials on hand, $1,616.50 ; due from
agents and companies, $1,650.19 ; profit and loss, $2,475,03— total, $733,993.82.

Directors.— William L. Putnam, Charles R. Milliken, Wm. H. Moulton, R. 0. Bradford,
Charles S. Fobes, Portland, Me.; George C. Wing, Auburn, Me.; George D. Bisbee, Buck-
field, Me.

WILLIAM L. PUTNAM, President Portland, Me.

Treasurer and Clerk— R. C. Bradford. . .Portland, Me. | Superintendent— L. L. Lincoln Canton, Me.

PRINCIPAL OFFICE AND ADDRESS Portland, Me.

SAGINAW, TTTSCOLA AND HURON RAILROAD COMPANY.

Main Line of Road.— East Saginaw to Bad Axe, Mich .............. 64.38

Quarry Branch : Quarry Junction to Quarry ........................... 0.81

Bay Port Branch : Bay Port Junction to Bay Port ................ ..... 1.38 — 66.57 miles.

Sidings, 14.39 miles. Gauge, 4 ft. 8| in. Rail (steel), 56 Ibs.

History. — Chartered February 24, 1881. Road opened from E. Saginaw to Sebewaing,
April 4, 1882 ; Sebewaing to Bay Port and Quarry Branch, June 15, 1884 ; East Saginaw to
Bad Axe, July 1, 1886.

Rolling Stock, December 31, 1891. — Locomotive engines, 10. Cars — passenger, 12 ; bag-
gage, etc., 4; freight (box, 95; stock, 9 ; coal, 50; platform, 148; caboose, 3), 305 — total
cars, 321.

Operations for year ending December 31, 1891. — Train mileage — passenger, 90,386 ;
freight, 42,094— total, 132,480 miles. Passengers carried, 81,898 ; carried one mile, 1,878,774 ;
average mile rate, 2.36 cents. Tons freight moved, 79,171 ; moved one mile, 2,800,257 ;
average ton-mile rate, 2.09 cents.

Earnings.— Passenger ...................... $44,727 49

Freight .......................... 58,617 63

Mail and Express ................ 2,891 47

Miscellaneous ... 545 13

Total ($1,604.05 per mile) $106,781 72

Expenses.— Transportation $35,333 84

Motive Power and Cars 9,498 32

Maintenance Way and Buildings. 22,106 37
General 12,006 85

Total ($1,185.87 per mile) $78,945 38

Net earnings (26.07 per cent.), $27,836.34. Paid interest on debt, $33,640.45. Balance,
deficit, $5,804.11. Deficit forward, $58,386.56— total, $64,190.67.

Financial Statement, December 31, 1891.— Capital stock (authorized, $600,000 ; par,
$100), $123,555.38 ; other liabilities, $946,697.36— total, $1,070,252.74. Contra : Cost of road,
$702,298.80; rolling stock, $202,029.53; real estate, etc., $4,718.14; materials and fuel,

POOR'S MANUAL OF RAILROADS. 551

$7,767.28; other property and assets, $70,202.58; bills receivable, $917; current accounts,
$14,418.42 ; cash on hand, $3,710.32 ; profit and loss, $64,190.67— total, $1,070,252.74.

Annual meeting, day following third Wednesday in May. The bonds outstanding which
appeared in company's balance of 1890, were taken up during the past year.

Directors (elected May 16, 1891.— Wm. L. Webber, Erastus T. Judd, O. F. Wisner,
John S. Estabrook, J. B. Peter, S. G. Rigging W. H. Hart, East Saginaw, Mich.

WM. L. WEBBER, President Saginaw, Mich.

-President— E. T. Judd Saginaw, Mich. I Secretary— S. G. Higgins Ea*t Saginaw, Mich.

Treasurer— W. H. Hart '• | Auditor— J&mes G. Harris

PRINCIPAL OFFICE AND ADDRESS Saginaw, Mich.

ST. CLAIRSVILLE AND NORTHERN RAILWAY COMPANY.

(Statement repeated from last MANUAL ; later information refused.}

Line of Road.— Sr. Clairsville, O., to St. Clairsville Junction, O 3.60 miles.

Sidings. 0.40 mile. Gauge, 4 ft. 8A in. Rail (steel), 40 Ibs.

History. — Chartered June 17, 1879 ; owned by the village of St. Clairsville, which issued
for its construction bonds to the amount of $30.000, of which $27,500 are outstanding. Road
opened November 1, 1881. Leased April 17, 1882, for 30 years, to St. Clairsville Company,
which began operating the road June 15 of same year.

Rolling: Stock. — Loc >motive engine, 1. Car (combination), 1.

Operations for year ending June 30, 1890. — Train mileage (passenger), 8,926 miles.
Passengers cirried, 21,878 ; carried one mile, 65,634. Tons freight moved, 42,354; moved
one mile, 32,960. P]arnings — passenger, $4.090.3<> ; freight, $2,387 ; mail and express, $376.40
—total, $6,853 76. Operating expenses, $5,427.03. Net earnings, $1,426.73.

Financial Statement, June 30, 1890.— Capital stock (par, $100), $5,000 ; current accounts,
$•2,000 ; profit and loss, $1,426.73— total, $8,426.73. Contra : Lease of road, $5,715.95 ; real
estate, etc., $1,050 88 ; cash and other debt balances, $1,659.90— total, $8,426.73.

Bonds are secured by mortgage on the road and by guarantee of St. Clairsville village.

Annual meeting, second Monday in June, at St. Clairsville, O.

Directors (elected June 10, 1890).— A. C. Darrah, W. A. Hunt, John Carlisle, John Boroff,
David Darrah, St. Clairsville, O.

A. C. DARRAH, President St. Clairsville, 0.

J. H. Boroff, Secretary and Treasurer St. Clairsville, 0.

PRINCIPAL OFFICE AND ADDRESS.. ..St. Clairsville, O.

ST. CLOUD SUGAR BELT RAILWAY COMPANY.

Line of Road. — Kissimmee, Fla., to Xarcoossee, Fla. 14.4

Branch : St. Cioud Junction to St. Cloud, Fla 1.1 — 15.5 miles.

Sidings, 0.3 mile. Gauge, 4 ft. 9 in. Rail (steel), 50 Ibs.

History. — Chartered October 4, 1888 ; and road opened to Xarcoossee on July 25, 1889.

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 2 ; baggage,
etc., 1 ; freight (box, 5 ; platform. 5), 10 ; other, 1— total cars, 14.

Operations for year ending June 30, 1891. — Train mileage — passenger, 11,024 ; mixed,
10,266; other, 1,407— tot il 22,697 miles. Passengers carried, 10,454; carried one mile,
96,459. Tons freight moved, 4,074 ; moved one mile, 31,726. Gross earnings, $12,325.23.
Operating expenses, $16.876.98. Net earnings, $5, 448.2o.

Financial Statement, June 3 ), 1891.— Capital stock ($50 shares), $120,000 ; funded debt,
1st mortgage 6 per cent. 50-year coupon and registered bond-*, due October 1, 1938, interest
payable April and October (authorized, $150,000), $120.000— total, representing cost of r ad,
etc., $240,000.

Annual meeting, last Tuesday in Febniiry, at St. Cloud, Fla.; transfer books close ten

552 POOR'S MANUAL OF BAILBOADS.

days previously, and stock owned then may be voted at the meeting. Trustee of bonds,
Fidelity Insurance Trust and Safe Deposit Co., Philadelphia, Pa.

Directors (elected February 24, 1891).— Hamilton Disston, Geo. D. Krumbhaar, Jacob
E. Heyl, A. Sidney Carpenter, Edmund F. Steck, Philadelphia, Pa.

HAMILTON DISSTON, President Philadelphia, Pa.

Jacob E. Heyl, Vice- President Philadelphia, Pa., and St. Cloud, Fla.

Sec. and Treas.—¥. W. Ralston, Jr. . . Philadelphia, Pa. | Superintendent— T. S. Tutwtler Kissimmce, Fla.

PRINCIPAL OFFICE AND ADDRESS 110 Bullitt Building, Philadelphia, Pa.

Florida Office Kissimmee, Fla.

ST. CROIX AND PENOBSCOT RAILROAD COMPANY.

Line of Road. — Calais, Me., to Princeton, Me. (Maine, 16.25 ; N. Brans., 4. 75). 21 miles.
Sidings, etc., 3.34 miles. Gauge, 4 ft. 8£ in. Rail (steel, 7.63 miles), 52 and 56 Ibs.

History. — Calais RR. Co. (Calais to Milltown) was chartered in 1832 ; road opened in
'1835. Name changed to Calais and Baring RR. in 1849, and extended to Baring in 1852. In
1870 the company adopted its present name, and purchased the Lewy's Island RR. (chartered
in 1854, opened in 1856, foreclosed in 1862, and purchased by the mortgage trustees, who
operated it from 1862 to 1870), at a cost of $140,000.

Rolling Stock, June 30, 1891. — Locomotive engines, 5. Cars — passenger, 4; baggage,
mail, and express, 2 ; freight (box, 4 ; platform, 14), 18 ; other cars, 185 — total, 209.

Operations for year ending June 30, 1891. — Train mileage — freight, 4,216 ; mixed,
20,656; other, 2,320— total, 27,192 miles. Passengers carried, 12,288; carried one mile,
172,593 ; average mile rate, 2.45 cents. Earnings — passenger, $4,231.17 ; freight, $33,477.52 ;
mail, $909.72— total, $37,618.41. Operating expenses— transportation, $9,146.95 ; equip-
ment, $4,756.69 ; maintenance of way, etc., $12,162.48 ; general, $2,565.58— total, $'28,631.70.
Net earnings, $8,986.71. Add other receipts, rent, interest, etc., $958.50 — total available
revenue, $9,945.21. Payments : Interest on bonds, $8,406 ; taxes, $371.63— total, $8,777.63.
Balance, surplus, $1,167.58 ; surplus forward, $141,044.34— total, $144,134.99.

Financial Statement, June 30, 1891.— Capital stock (par, $100 ; authorized, $2.000,000),
$100, 000; funded debt, $140,100; interest due July 1, 1891, $1,563; current accounts,
$343.43 ; profit and loss, $144,134.99— total, $386,141.42. Per contra : Cost of railroad,
equipment, etc., $364,000 ; steamboat, $2,700 ; accounts, $4,544.73 ; cash, $3,896.69; bills
receivable, $11,000— total, $386,141.42.

Funded debt consisted, June 30, 1891, of the following :

$40,500 6 per cent. 15-year bonds, due July 1, 1879, interest January and July (1st mortgage Calais to Baring. 5 m.).

$11,600 6 per cent. 15-year bonds, due July 1, 1879, interest January and July (2d mortgage Calais to Barinir, 5 m.».

§88,000 Calais loan, 6 per cent. 15-year coupon $500 and $1,000 bonds, due December, 1891, interest payable June
and December, secured by a first mortgage on 16 miles of road from Baring to Princeton, and a third mort-
gage on 5 miles from Calais to Baring.

Annual meeting in December or January, at Calais, Me. Trustees of bonds, George M.
Porter, L. G. Downes, and James M archie. The last dividend, No. 15, was paid in 1873.
Interest on first and second mortgage bonds payable at Calais, Me., and on Calais loan bonds
at Boston, Mass.

Directors (elected January 4, 1891).— G. M. Porter, St. Stephen, N. B. ; Henry F. Eaton,
E. A. Barnard, L. G. Downes, George A. Lowell, Calais, Me.

GEORGE M. PORTER, President St. Stephen, N. B.

Sec.,Tr'8.,Tran8.,&Tkt.Agt— Samuel Black.Calais, Me. | General Supt. & P. A.—S. W. Haycock. .. .Calais, Me.

PRINCIPAL OFFICE AND ADDRESS Calais, Me.

ST. JOHNSBURY AND LAKE CHAMPLAIN RAILROAD COMPANY.

Line of Road.— Lunenburg, Vt., to Maquam Bay, Vt 120.00

Victory Branch : North Concord, Vt., to East Haven, Vt 11.50 — 131.50 miles.

Sidings, etc., 21.71 miles. Gauge, 4 ft. 8* in. Rail (steel, 131.50 miles), 56 and 60 Ibs.

POOR'S MANUAL OF RAILROADS. 553

History.— A reorganization (January 31, 1880) of the Vermont Division of the Portland
and Ogdensburg RR. Co. (See MANUAL for 1891.)

Rolling Stock, June 30, 1891.— Locomotive engines, 12. Cars— passenger, 6; freight
(box, 129; platform, 120 ; stock, 9 ; caboose, 7), 265 ; other cars, 16— total, 287.

Operations for year ending June 30, 1891.— Train mileage— passenger, 168,000 ; freight,
381,147 ; other, 70,778— total, 619,925 miles. Passengers carried, 141,117 ; carried one mile,
2,908,590 ; average mile rate, 2.59 cents. Tons freight moved, 411,690 ; moved one mile,
25,587,565 ; average ton-mile rate, 1.16 cents.

Earnings.— Passenger $75,4876? Expenses.— Transportation $188,16574

Freight 298,22598 Motive Power and Cars 35,39433

Mail and Express 13,263 24 Maintenance Way & Buildings. . 138,264 39

Miscellaneous 62572 General and Taxes 19,34571

Total ($2,947.55 per mile) §387,602 61 ^otal ($2,898.63 per mile) $381,170 17

Net earnings (1.66 per cent.), $6,432.44. Add other receipts, $822.38 — total available rev-
enue, $7,254.82. Payments : Interest on bonds, $38,050 ; loss on steamboat operation,
$1,931.10 ; taxes, $8,687.75— total, $48,668.85. Balance, deficit, $41,414.03 ; deficit forward,
$401.679.99— total, $443,094.02.

General Balance Sheet, June 30, 1891.

Cost of Road $4,580,481 86

Cost of Rolling Stock 151,567 53

Stock Held for Old Bonds 250,25000

Steamboat 31,123 96

LandatMaquam 81,60024

Materials and Fuel ou Hand 62,165 26

Current Accounts 72,664 70

Cash on Hand 29,904 81

Profit and Loss 443,094 02

Total Assets $5,702,852 38

Common Stock ($50 shares) $2,550,000 00

Preferred Stock ($50 shares) 1,298,500 00

Funded Debt Outstanding 641,00000

Bills Payable 718,260 32

Current Accounts 481,793 59

Accrued Interest and Taxes 13,29847

Total Liabilities $5,702,852 38

The funded debt consists $550,000 ($600,000 authorized) 1st mortgage 6 per cent, 30-year
$1,000 coupon and registered bonds, due April 1, 1910, interest payable April 1 and October
1 ; $50.000 consol. mortgage 6s of 1884-1914, and $41,000 consol. 5s of 1884-1914, interest on
the former payable semi-anuually April 1 and October 1, and on the latter quarterly, April,
July. October, and January. At the annual meeting in September, 1890, it was voted to issue
$2.500,000 new 4 per cent, bonds to fund floating indebtedness and for other purposes.

Of the total amount of capital stock $250,250 is reserved to meet bonds of the old com-
pany which have not yet been presented under the reorganization of 1880 ; amount of stock
outstanding, $3,848,500.

Annual meeting, second Thursday in September, at St. Johnsbury, Vt. Preferred stock
is entitled to 6 per cent, dividend before common stock. Both classes of stock listed on Bos-
ton Stock Exchange. Coupons payable at Boston.

Directors (elected September 8, 1891). — George W. Hendee, Morristown, Yt. ; H. E. Fol-
som, Lyndonville, Vt. ; \V. T. Hart, Boston, Mass. ; S. C. Shurtleff, Montpelier, Vt. ; C. S.
Page, Hyde Park, Vt ; S. C. Lawrence. Medford, Mass. ; George C. Lord, Newton, Mass. ;
C. E. A. Bartlett, Chelmsford, Mass. ; Franklin Fairbanks, St. Johnsbury, Vt.

C. E. A. BARTLETT, President Boston, Mass.

Sec. and Treasurer—?. W. Morse Montpelier, Vt. | Auditor— Myron Taylor Boston, Mass.

PRINCIPAL BUSINESS OFFICE Boston, Mass.

Transfer Office Montpelier, Vt.

ST. JOSEPH UNION DEPOT COMPANY.

History.— Incorporated March 22, 1880, and depot completed and opened May 1, 1882.
The Burlington and Missouri River in Nebraska ; the Chicago, Burlington and Quiiicy, the

554 POOR'S MANUAL OF UAILKOADS.

Chicago, Kansas and Nebraska, the Chicago, Rock Island and Pacific, the Hannibal and St.
Joseph, the Kansas City, St. Joseph and Council Bluffs, the Missouri Pacific, the St. Joseph
and Grand Island, and the St. Joseph, St. Louis and Santa Fe RR. Cos. use the station
jointly. Each company owns $1,000 stock.

Income Account for year ending June 30. 1891. — Rentals, $21,050; from RK. Cos. and
miscellaneous, $49,451.65 — total, $70,501.65. Expenses and taxes, $52,076.41. Net income,
$18,425.24. Payments : Bills collection, $6,058.79 ; interest on bonds, $7,366.45 : bonds
retired, $5,000— tota!, $18,425.24.

Financial Statement, June 30, 1891. — Capital stock, $9,000 ; funded debt (1st mortgage
6 per cent. 25-year coupon bonds, due Jan. 1, 1906), $120,000 ; income balance, $68,924.37—
total, $197,924.37. Contra: Cost of depot and fixtures, $188,496.16; bills receivable, $4,-
801.17 ; cash, $4,627.04— total, $197,924.37.

No dividends yet paid. All deficits, .interest on bonds and retirement of bonds provided
for by the companies interested in the depot. Interest on bonds is payable January and July
at the Bank of North America, New York, N. Y. Annual meeting, second Wednesday in
February, at St. Joseph, Mo.

Dim-tors (elected February 10, 1892).— J. D. Besler, H. R. Nickerson, Chicago, 111. ; G.
W. Holdrege, Omaha, Neb. ; W. C. Brown, St. Joseph, Mo. ; S. E. Crance, St. Joseph, Mo. ;
M. A. Low, Topeka, Kan.; A. Kimball, Davenport, la.; C. M. Rathburn, Atchison, Kan. ;
W. P. Robinson, Jr., St. Joseph, Mo.

•W. C. BROWN, President St. Joseph, Mo.

E. C. Browne, Secretary and Treasurer St. Joseph, Mo.

PRINCIPAL OFFICE AND ADDRESS St. Joseph, Mo.

ST. LOUIS AND EASTERN RAILWAY COMPANY.

Line of Road.— Glen Carbon, 111., to Mines 1.25

Trackage : Jacksonville 8. E. Line, East St. Louis to Glen Carbon, 111 13.75—15.00 miles.

Sidings, etc., 3 miles. Gauye, 4 ft. 8£ in. Rail, steel (3 miles), 60 ; iron, 56 Ibs.

History.— Chartered December 16, 1889, and road opened December 1, 1890. Operated
by other companies till August 12, 1891, when the company began hauling its own trains into
East St. Louis, using 13.75 miles with the Jacksonville Southeastern Line under a joint
traffic arrangement.

Rolling Stock, April 1, 1892.— Locomotive engine, 1. Cars— coal, 200; caboose, 1.

Financial Statement. — Capital stock, representing cost of road, etc., $200,000; shares,
$100 each.

Directors.— W. F. Niedringhaus, Geo. 0. Carpenter, Jr., J. S. Brewer, H. R. Durkee,
Chicago, 111. ; C. D. McLure, St. Louis, Mo. ; E. W. Guy, Belleville, 111. ; W. E. Guy,
St. Louis, Mo.

WILLIAM E. GUY, Pres., Treas., Gen. Man., and Purch. Agt. St. Louis, Mo.

Geo. O. Carpenter, Jr., Vice-President St. Louis, Mo.

Secretary— James L. Blair St. Louis, Mo. | Superintendent— J. D. Crabb St. Louis, Mo.

PRINCIPAL OFFICE AND ADDRESS . St. Louis, Mo.

ST. LOUIS, ALTON AND SPRINGFIELD RAILROAD COMPANY.

Line of Road.— Alton, 111., to Bates, 111 77.40

Alton Branch : Lock Haven to Grafton, 111 8 . 40

Trackage : Wabash RR.: Bates, 111., to Springfield 111 13.20—99 miles.

Sidings, etc., 5.4 miles. Gauge, 4 ft. 8| in. Rail (steel, 82.1 miles), 60 Ibs.

History.— This road was built in 1882, under the title of the St. Louis, Jerseyville and
Springfield RR., and was absorbed by the Wabash, St. Louis and Pacific Ry. Co., which

POOR'S MANUAL OF RAILROADS. 555

issued its general mortgage bonds on it at the rate of $15,000 per mile. In 1886 the line was
surrendered by the Wabash, St. Louis and Pacific receivers, and passed under the control of
the bondholders, by whom it was transferred subsequently to a corporation known as the St.
Louis and Central Illinois RH. Co., which was organized December 3, 1886, and took pos-
session of the road under a lease dating from December 1, 1886. On June 4, 1887, the exist-
ing -N". Louia, Alton and Springfield RR. Co. was organized, with power to purchase the
road and to build extensions from Newbern to Alton, and from Bates to Springfield, 111.
The former WHS completed toward the close of the year 1888, and work on the other is in
progress. In October, 1890, H receiver was appointed on the application of the contractors..
A reorganization of the company is proposed. The property of the Alton Terminal RR. Co.
was purchased by this company in January, 1891.

Rolling* Stock, June 30, 1891. — Locomotive engines, 5. Cars — passenger, 11; freight
(box, 15; platform. 40; coal, 45), 100; caboose, 2 — total cars, 113. Of this equipment, 2
locomotives and 11 passenger cars were acquired through car trust.

Operations for year ending June 30, 1891. — Train mileage— passenger, 88,274; freight,
67.135— total, 155,409 miles. Passengers carried, 77,448 ; carried one mile, 1,438,080 ; average
mile rate, 1.87 cents. Tons freight moved, 83,626 ; moved one mile, 4,036,802 ; average ton-
mile rate, 1.78 cents. Earnings — passenger, $26.865.52 : fi eight, $71,6.~)9.12 ; mail, $4,872 ;
express, £4,950 ; other, $133.70 — total. $108,480.34. Operating expenses — transportation,
$40.891.39 : maintenance of equipment, $10,893.11 ; maintenance of way, etc.. $28,809.11;
general, $20,7.">5.83 — total, $101.349.44. Net earnings, $7,130.90. Payments : Interest on
bonds, $1,575 ; on debt. $5,645.26 ; taxes, $6,098.74 ; permanent improvements, $9,930.46—
—total, $23,249.40. Deficit, $16,118.56. Surplus forward, $13,586.22. Net deficit, $2,532.34.

Financial Statement, June 30, 1890.— Capital .-took authorized (par, $100), $1,500,000;
funded debt. 1st mortgage 5 per cent. 30-year $1,000 gold bonds, due in 1918, interest pay-
able March and September, at New York, N. Y., authorized at the rate of $12,000 per mile ;
2d mortgage 6 per cent. 20-year gold bonds, due June 1, 1909, interest June and December,
authorized amount, $300,000. There are outstanding as collateral $1,200,000 first, and
$300.000 second morgage bonds. Trustee of bonds, Farmers' Loan and Trust Co., N. Y.

Receiver's General Balance SSieet, June 30, 1891.— Funded debt, $917,819,59 ; current
accounts, balance, $322,9;>8.57 ; accrued interest on funded debt, $37,145.26 — total, $1,277,-
903.42. Contra : Cost of road, and rolling stock, $1,274,406.76 ; materials and fuel on hand,
$964 32 ; profit and loss, $2,532.34— total, $1,277,903.42.

Annual meeting, second Monday in June, at Springfield, 111.

Directors.— Chas. E. Kimball, New York, N. Y.; Joseph Dickson, St. Louis, Mo. ; H. A.
Fisher, D. \V. Smith, F. E. Fisher, Springfield, 111.

JOSEPH DICKSON, Receiver and Secretary Springfield, 111.

V.-Pref.-C. E. Kimball.* 45 Wall St. New York, N. Y. | General Manager— H. A. Fisher Springfield, 111.

PKINCIPAL OFFICE AND ADDRESS Springfield, 111.

Transfer Office St. Louis, Mo.

ST. LOUIS, KEOKUK AND NORTHWESTERN RAILROAD COMPANY.

Line of Road.— Keokuk, la., to St. Peter's, Mo 128.36

Leased : K. & N. W. RR.: Keokuk to Mount Pleasant, la 48.09

Line* operated under trackage contracts (see below) 51 .15 — 227.60 miles.

Sidings, 27.13 mile*. Gauge, 4 ft. 8* in. Rail (steel, 138.95 miles), 56 Ibs.

Lines operated under trackage consist of the Quincy Bridge Co. and C. B. & Q. RR. from
West Quincy, Mo. to Quincy, 111., 2.41 ; H. & St. J. RR. from West Quincy to Moody, Mo.,
!.87 ; Hannibal Bridge Co. in Hannibal, 0.42 ; M. K. & T. Ry. in Hannibal, 0.32 ; C. & A.
RR. in Louisiana, Mo., 0.36 ; Wabasii HR. from St. Peters, Mo., 31.71 and from Ferguson,
Mo. to St. Louis. Mo., 10.16 ; Sr. Louis Union Depot Co. in St. Louis, 0.49 and the C. B. &
Q. Rri. in Mt. Pleasint, la., 0.96— total, 51.15 miles.

556

POOR'S MANUAL OF RAILROADS.

History. — Reorganization under the title of St. Louis, Keokuk and North western Ry.
Co., July 1, 1875, of Mississippi Valley and Western RR., which was sold April 14, 1875.
Road opened through, September 11, 1879. Reorganized under present title December 3,
1887. The Keokuk and Northwestern RR. is nominally leased but practically owned by
this company, which is itself controlled by the Chicago, Burlington and Quincy RR. Co.

Rolling Stock, June 30, 1891. — Locomotive engines, 23. Cars — passenger, 16; baggage,
etc., 7 ; freight (box, 273 ; stock, 101 ; platform, 39 ; coal, 48 ; refrigerator, 10), 471 ; caboose,
22 ; other, 6— total car?, 522.

Operations for year ending June 30, 1891.— Train mileage— passenger, 418,946 ; freight,
537,829 ; mixed, 30,821 ; other, 138,697— total, 1,076,296 miles. Passengers carried, 271,251 ;
carried one mile, 14,026,326. Tons freight moved, 1,098,544 ; moved one mile, 126,894,029.
Gross earnings, $1,547,156.35. Operating expenses— transportation, $606,729.80 ; motive
power and cars, $97,312.54 ; way and buildings, $205,535.82 ; general, $104,192.86— total,
$1,013,734.02. Net earnings, $552,773.53. Payments: Interest on funded debt accrued,
$286,250 ; taxes, $35,770.06 ; rents $161,668.08 ; other, $2,706.22 ; dividend (1 percent.) $66,-
379.17— total, $486,394,36. Balance deficit, $19,351.20; surplus forward, $230,090.03; net
surplus as per general balance sheet, $210,738.83.

General Balance Sheet, June 30, 1891.

Cost of Road ; . . . $10,642,798 97

Rolling Stock 473,459 53

Stocks of Other Companies 7,800 00

Materials and Supplies 67,025 88

Cash and Current Assets 234,896 23

Profit and Loss ... 106 51

Total Assets $11,426,087 12

Capital Stock $5,443,800 60

Funded Debt, Outstanding 5,150,000 00

Current Liabilities 604.548 29

Interest Accrued and Unpaid 17,000 00

Difference between Interest Paid and In-
terest Accrued 17,000 00

Profit and Loss . . . 227,738 83

Total Liabilities $11,426,087 12

The funded debt consists of 1st mortgage 6 per cent. 40-year bonds, due February 1,
1930, interest February and August at New York. Annual meeting, first Thursday in
December.

KEOKUK AND NORTHWESTERN.— Capital stock, $720,000 ; funded debt first mortgage 6 per
cent. $1,000 coupon bonds, dated July 1, 1880, due July 1, 1910, interest January and July, $480,000 ; unpaid
coupon*, $183,330 ; income, $18,270— total, $1,401,600. Contra: Cost of road, §1.200.000; mortgage coupons,
$201,600.

Directors (St. L., K. & N. W. RR. Co.).— W. W. Baldwin, J. W. Blythe, J. T. Remey,
H. B. Scott, Burlington, la.; J. C. Peasley, Chicago, 111.

W. W. BALDWIN, President Burlington, la.

J. C. Peasley, \st Vice-President and Treasurer Chicago, 111.

Geo. B. Harris, 2d Vice-P resident Chicago, 111.

Secretary— C. M. Levey Keokuk, la. | General Auditor— 3. L. Lathrbp Chicago. Ill-

PRINCIPAL OFFICE AND ADDHESS Keokuk, la.

ST. LOUIS SOUTHWESTERN RAILWAY COMPANY.

Lines of Road Owned :

(Main Line : Bird's Point, Mo., to Texarkana, Tex 418.00

ST. Louis I New Madrid Branch : Paw Paw, Mo., to New Madrid. . 5.70

SOUTH- J Magnolia Branch : McNeil, Ark., to Magnolia, Ark 6.40

WESTERN 1 Delta Branch : Maiden, Mo., to Delta, Mo 51.40

RY. Co. Little Rock Branch : Altheimer, Ark., to Argenta, Ark. 40.80

[ Shreveport Br. : Lewisville Jc., Ark., to Shreveport, La. 59.50 — 581.80 miles.

Tyler Southeastern Ry, Co. : Tyler, Tex., to Lufkin, Tex 88.60 miles.

ST. Louis {Main Line : Texarkana, Tex., to Gatesville, Tex. . .304.60
SOUTH- j Sherman Br. : Mt. Pleasant, Tex., to Sherman, Tex. 109.90
WESTERN ) Fort Worth Br. : Commerce, Tex., to Fort Worth, Tex. 97.20
RY. OF TEXAS. \_Hillsboro' Br. ; Corsicana, Tex., to Hillsboro', Tex. . 40.00— 551.70 miles.

Total length of all lines, St. Louis Southwestern System, June 30, 1891. .1,222.10 miles.

ST. LOUIS SOUTHWESTERN RAILWAY,

ST. LOUIS SOUTHWESTERN RAILWAY OF TEXAS,

TYLER SOUTHEASTERN RAILWAY.

558

POOR S MANUAL — ST. LOUIS SOUTHWESTERN RY. CO.

Sidings, etc., 154.40 miles. Gauges, 4 ft. 8i in. and (T. S. E. Ry.) 3 ft. Rail— iron, 30 ;
steel (1,372.73 miles), 56 Ibs.

History. — Reorganization of the St. Louis, Arkansas and Texas Ry. Co., whose property
was sold under foreclosure in October, 1890. (See MANUAL for 1890, page 827.)

The plan of reorganization was dated December 16, 1889, and under it.s provisions the old
1st mortgage 6s received an amount equal to principal and overdue interest (except coupons
of May 1, 1889, which were paid in cash) in new 1st mortgage 4 per cent. 100-year gold bonds,
besides 25 per cent, in new 2d mortgage 4 per cent. 100-ye»r income bonds and 20 per cent,
in preferred stock on account of tlie reduction in interest ; old second 6s paid an assessment
of $35 per bond and received their face value in preferred stock and $50 in 2d mor-
tgage incomes to the amount of the assessment ; old S'ock was assessed 8£ per cent, and
received share for share in new common and 10 per c«-nt. new 2d incomes for the assess-
ment.

In order to meet the requirements of the Texas State Law, which prohibits the owner-
ship of railroads within the State by foreign eorpor.uions, three distinct companies were
formed in the reorganization — the St. Louis Southwestern Ry. Co. (in Mo. and Ark., January
12. 1891), with a capital of $20,000,000 preferred and $lf),500,000 common stock ; the St.
Louis Southwestern Ry. Co. in Texas (January 12, 1891), having a common capital stock of
$2,500,000 ; and the Tyler Southeastern Ry. Co. (January 12, 1891), whose share capital was
fixed at $1,000,000, of which $250,000 has been issued. Provision was also made for $20,
000,000 1st mortgage bonds and $10,000,000 2d mortgage incomes— $9,895,000 of the firsts,
and $4,947,500 on the incomes secured on the St. Louis Southwestern Ry. ; $9,445,000 firsts
and $4,722,500 incomes on the St. Louis Southwestern Ry. of Texas ; $660,000 firsts and
$330,000 incomes on the Tyler Southeastern Ry. The first mortgage bonds were deposited
with the Central Tru>t Co., trustee of the mortgage, and the incomes with the Mercantile
Trust Co., trustee under the 3d mortgage, and trust company certificates representing $20,-
000,000 firsts and $8,000,000 incomes (the remaining $2,000,000 being held against future
needs of the company) were issued in place of them, and are listed on the New York Stock
Exchange.

The general balance sheet on page 559 shows the financial condition of the entire system
on June 30, 1891 ; the accounts for the railroads in Texas will be found in the subjoined
statements for those companies.

Rolling Stock, June 30, 1891 :

DESCRIPTION.

ST. Louis SOUTH-
WESTERN Ry.

ST. Louis SOUTHW.
RY. OF TEXAS.

TYLEK SOUTH-
EASTERN RY.

TOTAL, ALL LINES.

Owned.

Car Trust.

Owned.

Car Trust.

Owned.

Owned.

Car Trust.

Locomotive Engines

28

37

28

37

7

63

74

Pas8en°rer Cars

13

10
308*

t »\

M

13

10
308*

\ «\

H

4
2

76
21
83

30
22

693
21
338
207
41
73

j- 36
(-2,624

Baggage, Mail, and Exp. Cars. .
Freight Cars— Box
Stock

Platform
Coal

127*
103*
19*
36

127*

103*

»

Caboose Cars

2

1

All Other Cars

.

Total Cars

618

1,330

618

1,330

189

1,425

8,660

Annual meeting, first Wednesday in May, at St. Louis, Mo. Transfer books close thirty
days previously, and stock owned then may be voted at the meeting. Interest on 1st
mortgage bonds payable at the office of the Central Trust Co., New York, N. Y. Trust
Company certificates for stock and bonds listed on the Stock Exchanges of New York and
London.

POOR'S MANUAL — ST. LOUIS SOUTHWESTERN RY. CO.

559

Operations for year ending June 30, 1891 :

St. L. A. &
T. in Ark.
&Mo.
July 1, 1890,
to
May 31, 1891.

St. Louis
Sonthw.Ry.
June 1,1891,
to
June 30, '91.

Total
for
Year.

St. L. A. &
Tex. in Tex.
July 1, 1890,
to
May31,1891.

St. L. South-
western
of Texas.
June 1,1891,
to
June 30, '91.

TylerSouth-
eastern Ry.
June 1,1891,
to
June 30, '91.

Total
for
Year.

Total
of
All Lines
for
Year.

Jes RK. Operated —
AS. Train Mileage
eislit Train Mileage.
• (in Mileage ..
n Miloatre. . .
•tal Train Mi'..
ssenser* Carried ....
Movement..
ns Freight Moved...
nnage Movement . . .

irnings.— Passenger. .
Freight ...
Mail

581.80
538,054
1,008,139
61,396
370,857
1,978,446
452,930
17,879,754
890,228
169,699,479

436,088 38
1,930,159 79
36.936 15
25.836 02
14,541 03

581.80
50,786
82,342
5,182
18.474
156,784
35,202
1,257,381
73.286
13,271,940

32.149 81
137.075 55
3.278 17
2,77599
1,278 61

581.80
588,840
1,090,481
66.578
389,331
2.135,230
488.132
19,137.135
963,514
182,971,419
$
468,238 19
2,067.235 34
40,214 32
38,612 01
15,819 64

640.30
491, 4o7
615,647
137.234
369.673
1,614,021
372.871
14,024.855
493,497
65,145,967

355,782 66
1,061,11289
41,813 14
21,647 76
12,363 18

551.70
38,108
37,645
13,192
17,864
106,809
23,254
912,160
31,086
3,297,841

34?766 93
53.00035
3,305 68
1,36597
78972

88.60
5,786
4,808

640.30
535,361
6f.8,100
150,426
392,609
1,736,496
401,888
15,055,985
529,389
68,675,956

383,891 33
1,118,943 08
45,569 49
23:237 %
13,33428

1,222.10

1.124.001
1,748.581
217,004
781,940
3,871.726
890,020
34,193.120
1,492.903
251,647,375

852.12952
3,186.178 42
85,783 81
61,849 97
29,153 92

5,072
15,666
5,763
118,970
4,806
232,148

3,341 74
4,82984
45067
22423
18138

Express . . .
Other

\ Total Earnings
ip. — Transportation .
Motive Power . .
Maint. of Cars. .
Maint. of Way..
General

2.453,561 37
717,035 58
500,438 55
144,34543
1,005,54321
42,183 97

176,5581312,630,11950 1,492,71963
56,033 40 i 773.C68 98 541,293 37
36.95629 537,39484 484,63149
15,257 45i 159.602 88i 123,719 09
85,35771! 1,090,90092 791,*75 20
11,873 67| 54,057 641 "57,594 79

83,22865 9,02786
32,547 16 2,827 76
28,977 96 2,831 87
8,768 62 1,450 56
38,600 23 6.083 10
4,623 57 245 36

1,584.976 14] 4,215,095 64
576,66829 1,349.73727
516.441 32 1.053.836 16
133,93827| 293,54115
836,55853 1,927,45945
62.463 72 116,521 36

Total Expenses
U Earnings
Seres! & Div. Rec'd..
Lier Receipts

Bailable Revenue
linn.— Int. on Bonds.
Int. on Debt...
Taxes
Other Paym'ts.

; Total Payments
fcance ( + or — )

2,409,546 74
44.014 63
li75000
21,02080

205,47852 2,615,02526
* 28,920 39 15,094 24
33,683 34 35.433 34
345.522 21 366,543 01

1,999,11394
* 506,394 31

113,517 54 13,438 65
* 30,288 89 * 4,410 79

2,126.070 13
* 541,093 99

4,741,095 39
* 525.999 75
6.750 00
740,472 51

27,54822

324,106 28 22,275 00

373,92950

66,785 43

350.28516
66,666 67

417,070 59
66.666 67
3,60818

* 4,78,846 09

293.817 39
31 ,483 34

17,864 21
2,20000

* 167,164 491 216,22276
33,683 34 66,666 67
2,093 86 5,702 04
45,152 71 98.946 27
18,964 86 35,664 71

3.60818
48,79356
16,699 85

2,093 86

5.00000

53,79356
16,699 85

41,40271
18,596 13

3,400 00 350 00
36873

69,101 59 71,666 67
- 2,316 16 + 278,618 49

140,768 26
+ 276,302 33

62.092 70
- 540,938 79

34,883 34; 2,918 73
4- 258,934 05 + 14.945 48

99.89477
267,059 26

206,979 69
+ 9,243 07

* Deficit.

General Balance Sheet (entire system), June 30, 1891.

Cost of Property

Securities Owned ......................

First Mortgage Bonds in Treasury ........

Materials and Fuel ......................

Reorganization Committee ..............

Gen. Acct. Rec'vers in Mo., Ark. and Tex.
Other Assets and Accounts ..............

Current Account* .......................

Bills Receivable ..........................

Cash on Hand ..........................

$64,509,050 00 Common Stock $16.509.00000

26,500 00
450,000 00
282,611 63

66.666 66
234,136 22

30,fj24 75

122,718 12

4,462 44

285,98431

Preferred Stock ....................... 20,000,00000

Funded Debt ............................ 28,000,000 00

Bills Payable .............................

Current Accounts ........................

Interest Accrued, not due ...............

Equipment Replacement Fund

Profit and Loss ......... ..........

96,261 30

220,661 48

133,333 33

1,000 00

552,498 OS

TotalAssets $66,012,75413 Total Liabilities $66,012,75413

Funded debt outstanding consisted, June 30, 1891, of —

1st mortgage 4 per sent. 100-year cold bond certificates, due Nov. 1, 1989, interest May and Nov $20,000,000

2d mortgage 4 per cent. 100-year gold income bond certificates, due Nov. 1, 1989, int. Jan. and July. . . 8,000,000

The above certificates represent bonds of the constituent companies deposited with the
trustees, as stated elsewhere in this report. The firsts are in coupon form, for $1,000 each ;
trustee, Central Trust Co. of New York. The incomes are for $500 and $1,000 (bonds
numbered 1 to 4.000, $500 each ; 4,000 to 10,000, $1,000 each), in registered form ; trustee,
Mercantile Trust Co., New York, N. Y.

ST. LOTJIS SOUTHWESTERN BY. OF TEXAS.— Mileage, rolling stock, operations, etc., are
a the preceding statement. Financial Statement, June 30. 1891.— Capital stock ($100 shares), $2,500,000 ;
d debt. 1st mortgage 4 per cent. 99-y«ar $1,000 gold coupon bonds, due November 1, 1989, interest payable

. , ,. , ,,.. , ,,

materials and fuel, $88,229.80 ; insurance account premium, $793.88 ; reorganization, $31,483.33 ; general account

560 POOR'S MANUAL OF RAILROADS.

receivers in Texas, $199,375.01 ; bills receivable, $636.40 ; current accounts, $281,353.27 : cash, $45,203.66— total,
$17,264.575.35. Annual meeting, Monday preceding first Wednesday in May, at Tvler, Tex. Transfer books
close thirty days previously, and stock owned then may be voted at the meeting. Director*.- S. W. Fordyce,
St. Louis, Mo.; Edwin Gould, R. M. Galloway, New York, N. Y.; Winslow S. Pierce, Brooklyn, N. Y.; Tom
Randolph, Sherman, Tex.; George Clark, C. M. Seley, Waco, Tex.; J. A. Edson, Tyler, Tex.; James Garrity,
Corsicana, Tex. Officers: S. W. FOKPYCE, President, St. Louis, Mo.; Edwin Gould. 1st Vice- Pr<-n-' /<///, New
York, N. Y.; J A. Edison, 2d Vice- President and Superintendent; J. W. Hogan, Treasurer; W. S. Newlin,
Secretary ; R. D. Cobb, Auditor, Tyler, Tex. GENEKAL OFFICE, Tyler, Tex.

TYLER SOUTHEASTERN RAILWAY.— Mileage, rolling stock, operations, etc., are shown in
the preceding state,ment. Financial Statameiit, June 30, 1891.-— Capital stock ($10C I shares,), $450,000 ; 1st mort-
gage bonds, $660,000 ; 2d mortgage bonds, $330,000— description of both issues similar in all respects to corres-
ponding issues of the St. L. S. W. Ry. in Texas ; receivers in Texas, general account, $368.73 ; profit and loss.
$14.945.48— total, $1,255,314.21. Contra: Cost of road, $1,240,000 ; current accounts, $13,114,21; reorganization
committee, $2.200 — total, $1,255,314.21. Annual meeting, Monday preceding first Wednesday in May, at Tyler,
Tex. Transfer books close thirty days previously, and stock owned then may be voted at the meeting. 7/m-r-
tors.— Louis Fitzgerald, Victor Morawetz, Guy Phillips, New York, N. Y.; Willard Fisher, Dallas, Tex.; A. II.
Swanson, Corsicana, Tex.; J. P. Douglas, Tyler, Tex.: T. F. Murichson, Athens, Tex. Officers: WILI.ARD
FISHER, President, Dallas, Tex.; Victor Morawetz, 1st Vice- Preside: it .New York. N. Y.; J. P. Douglas, 2d I'ice-
Pr<-i<;tde)tt and Secretary ; H. H. Rowland, Treasurer ; R. D. Cobb, Auditor, Tyler, Tex. GENERAL OFFICE,
Tyler, Tex.

Board of Directors, St. Louis Southwestern Ry. Co., elected January 16, 1891.
S. W. Fordyce St. Louis, Mo. I A. L. Wolf. . St. Louis, Mo.

J.W.Phillips " " I W. B. Doddridge

Robert Moore .. " " i E. G. Merriam.

W. A. Robinson St. Louis, Mo.

Winslow S. Pierce.. Brooklyn, N. Y.
Victor Morawetz. .New York, N. Y.

S. W. FORDYCE, President St. Louis, Mo.

Vice-Pregident— Edwin Gould New York, N. Y. i Treas. and Asst. Sec.—G. K. Warner St. Louis, Mo.

Secretary — John C. Otteson | General Auditor — S. C. Johnson "

PRINCIPAL OFFICE AND ADDRESS St. Louis, Mo.

New York Office . . . .195 Broadway.

ST. LOUIS TRANSFER RAILWAY COMPANY.

Line of Road.— Grand Ave. to U. S. Arsenal, St. Louis 6.40

Branch '. 0.52—6.92 miles.

Sidings, 1 mile. Gauge, 4 ft. 8£ in. Rail (steel), 60 and 76 Ibs.

History.— Chartered June 19, 1884. Road opened July 1, 1889.

Rolling Stock. — Locomotive engines, 6.

Operations for year ending June 30, 1891. — Train mileage, passenger and freight statis-
tics not reported. Earnings (freight), $98,462.13. Operating expenses, $81,408.58. Net
earnings, $17,053.55. Payments : Interest on debt, $14,003.60 ; rent of city wharf for tracks,
$4,515 ; taxes, $2,347.84— total, $20,866.44. Balance, deficit, $3,812.88. Surplus forward,
$4,209.90. Net surplus, $397.02.

Financial Statement, June 30, 1891.— Capital stock ($250,000 authorized ; par, $100)
$199,800 ; hills payable, $296,680.08; profit and loss, $397.02— total, $496,877.10. Contni :
Cost of road, $453,044.72 ; rolling stock, $43,832.38— total, $496,877.10.

Annual meeting, first Wednesday after second Tuesday in November, at St. Louis, Mo.;
books close ten days previously. Registrar of stock, Henry L. Clark.

Directors.— John Scullin, C. S. Greeley, A. C. Church, Miles Sells, E. Peugnet, Sr.
Louis, Mo.

JOHN SCULLIN, President St. Louis, Mo.

C. S. Greeley, Vice- President " "

Sec., & Treas.— II. L. Clark St. Louis, Mo. | Manager— C. II. Sharman St. Louis, M<>.

PRINCIPAL OFFICE AND ADDRESS St. Louis, Mo.

ST, LOUIS, VANDALIA AND TERRE HAUTE RAILROAD COMPANY.

Line of Road.— E. St. Louis, III., to Indiana State Line 158.3 miles.

Sidings, etc., 51.41 miles. Gauge, 4 ft. 8£ in. Rail (steel, 184.75 miles), 60, 64, and 70 Ibs.

History. — Chartered February 10, 1865, and road opened July 1, 1870. Leased to Terre
Haute and Indianapolis RR. Co. for account of itself, and the Pittsburgh, Cincinnati, Chi-
cago and St. Louis Ry. Co., which jointly guarantee the first mortgage bonds, and $1.000,000
of 2d mortgage bonds, the obligation of the P., C., C. & St. L. Ry. Co. in this respect beini?

POOR'S MANUAL — ST. LOUIS, VANDALIA AND TERRE HAUTE RR. CO. 561

guaranteed by the Pennsylvania RR. Co. Rental, 30 per cent, of gross earnings ; increasing
to 35 per cent, as expenses may fall below 70 per cent.

In July, 1887, suit was begun by the lessor company to declare the lease void, but U. 8.
Circuit Court decided in favor of the validity of the lease. Appeal was taken to the United
States Supreme Court and is now pending.

llollimr Stock, October 31, 1891.— Locomotive engines, 50. Cars— passenger, 20 ; bag-
gage, mail, and express, 13; freight (box, 817 ; platform, 136; t-tock, 293 ; coal, 510; caboose,
26), 1,782 ; work flat. 102 ; other. 13— total cars, 1,930. In addition to this equipment, 500
box and 250 stock cars are held through car trusts.

Operations for year ending October 31, 1891.— See tabulated statement below. \

Earnings.— Passenger §453.193 26 Expense*.— Transportation $552,351 08

Freight 1.102,09494 Motive Power 297,81403

Mail

Express

Miscellaneous. ..

200,391 62

46,233 89

6,396 21

Maintenance of Cars 121,160 37

Maintenance of Way 201 ,405 1 1

General 30,655 95

Total ($7,601.93 per mile) $1,203.3$6 54

Total ($11,423.31 per mile) $1,808,309 92

Xet earnings (33.45 per cent.), $604,923.38.

Lessor's Income Account, year ending October 31, 1891. — Receipts : Rental, 30 per cent,
of gross earnings, $542,492.98 ; add interest received, $14,052.07 — total income, $556,545.05.
Payments : Interest on bonds, $314,930 ; taxe^, $48,458.76 ; general expense, $1,455.32 ;
cost of connecting track at Vandalia, $785.49 — total, $365,629.57. Balance, surplus, $190,-
915.48 ; surplus forward, $1,078,078.96— total, $1,268,994.44, from which deduct— intere.-t
accrued from July 1 to October 31. 1891, on 1st mortgage bonds, $44,310 : dividend No. 1
on preferred stock being the accumulated dividends from date of issue of stock to December
31, 1878, $477,009.75 ; dividend No. 2 being accumulated dividends for the year 1879, £108,-
129 ; dividend No. 3 being the accumulated dividends for the year 1880, $108,129 — total,
$737,577.75, leaving to credit of surplus, October 31/1891, $531,416.69.

Statement of operations, and Lessor's Income Account for eight years ending October 31:

RR. worked, 158.3 miles.

1884

1885

1886

1887

1888

1889

1890 1891

Passenger Train Miles
Freight Train Miles
Passengers Carried.

420,853
973.854
323.201
18,741.460
1.144.510
104,209,720

1,490.308
1,114,765

440.854
865,964
308.615
19.165.187
1,200,910
107.920-692

ft

1.372.648
921 ^684

524,716 541,989
915.375 1.055,848
317,485 336,071
19,023.841 20.080.902
1,198,668 1.456.197
111 851.653 142.867-273
$ $
1.478.330; 1.757,004
1,011,144 1,112,082

566.618
1,023,851
346,412
20.831.314
1.315.413
123-212-218

1.622.716
1,123,918

566,741
1,073,254
328,858
17.300.156
1.486.277
138.931.834

1.727.300
1,152.123

666.294
1,095.7:30
367,448
18.173.204
1.564.216
136401-318
$
1.833.301
1.182.844

693.745
1.017,355
398,582
18.961.505
1.438.194
121,348-148

1.808.310
1.203.837

Passenger Miles
Tons Moved
Ton Miles .

Gross Earnings . .

Operating Expenses

Net Earnings
Rentals

375.543
447.002

450.964
411,794

467.186
443.499

644.922

527,101

498,798
486,815

575.177

518^190

650.456' 604.923
549.990 542.493

Lessees (Gain or Lose)
Gross Earnings per Mile. ..
Operating Expenses p. Mile
yet Earnings per Mile
Expenses to Earnings
Aver. Rate p. Pass. p. Mile.
Aver. Kate p. Ton p. Mile. .

Lessor's Income Account :
Lease Rentals, etc
Interest

L. 71.546
9.414 45

7.042 10
2.372 35
74.81 p. c.
2.425 c.
0.843 c.

447.092
314.930
47,153

G. 39.170
8.671 18
5,822 39
2.848 79
67. 15 p. c.
2.1*7 c.
0.730 c.

411,794
314.930
• 50.457

G. 23.687
9,338 79
6.387 52
2.951 27
68. 40 p. c.
2.243 c.
0.792 c.

s

443.499
314.930
55.761

G. 117.821
11.099 20
7.0:25 15
4.074 05
63. 30 p. c.
S.324 c.
0.787 c.

S

527.110
314.930
48.684

G. 11.983
10.250 89
7.099 92
3.150 97
69.26 p. c.
2.101 c.
0.794 c.

486.837
314.930
57.255

G. 56.987
10.911 56
7.278 09
3.633 47
66. 70 p. c.
2.387 c.
0.787 c.

S
518.190
314.930
54.675

G. 100.466
11.581 18
7.472 17
4,10901
64. 52 p. c.
2.443 c.
0.858 c.

549.990
314,930
55,530

G. 62.430
11,42331
7,601 93
3.S21 38
66.55 p. c.
2.390 c.
0.908 c.

556.545
314.&30
50.710

Taxes and Expenses

Total Disbursements. . .
Surplus

362,083
85,009

3.250
81,759

365.387
46,407

370.691

72,808

363.614
163,496

372,185
114.652

369.606
148,585

370,460
179,531

365.630
190.915

Surplus Applied to Repay-
ment of Advances . .
Net Surplus

46.407

72,808

163,496

114.652

148,585

179,531

190,915

Financial Statement, October 31, 1891.— Capital stock— common, $2,379,358.10 ; pre-
ferred, $1,544,700 ; funded debt, $4,499,000 ; coupon account, s94,325 ; accrued interest rn
bonds, $44,310; profit and loss, $531,416.69— total, $9,093,109.79. Contra: Cost of road.

562 POOR'S MANUAL OF RAILROADS.

$8,486,649.87 ; due by Terre Haute and Indianapolis RR. Co. rent account, $163,250.20 ;
cash, $66,219.05; bills receivable, $282,665.67; Central Trust Co., N. Y. (to pay coupons),
$94,325— total, $9,093,109.79.

Funded debt consisted, October 31, 1891, of—

1st mortgage 7 per cent. $1,000 coupon 30-year bonds, due January 1, 1897, interest Jan. and July $1,899,000

2d mortgage 7 per cent. $1,000 coupon 30-year bonds, due May 1, 1898, interest May and November 2,600,000

The preferred stock took up an issue of income bonds amounting to $1,000,000, and has
since been increased by the funding of the deficiencies made up by the lessees.

Bonds listed on New York Stock Exchange. Interest payable at Third National Bank,
New York, N. Y. Annual meeting, second Tuesday in January, at Greenville, 111. Books
close ten days previous to annual meeting, and remain closed 10 days. Voting power attaches
to stock on ten days' ownership. Trustees of bonds : 1st mortgage, Joseph T. Thomas ; 2d
mortgage, Joseph N. DuBarry and William H. Barnes. Registrar of stock, S. B. Liggett.

Directors (elected January 12, 1892). — Thomas D. Messier, James McCrea, Pittsburgh,
Pa.; William H. Barnes, Philadelphia, Pa.; W. R. McKeen, Terre Haute, Ind. ; Robert L.
Dulaney, Marshall, 111.; A. G. Henry, Greenville, 111.; Charles H. Seybt, Highland, 111.; J. S.
Peers, Collinsville, 111. ; E. O. Standard, St. Louis, Mo.

THOMAS D. MESSLEB, President Pittsburgh, Pa.

Treasurer— T. H. B. McKnight Pittsburgh, Pa. | Secretary -S. B. Liggett Pittsburg, Pa.

PRINCIPAL OFFICE AND ADDRESS Greenville, 111.

ST, PAUL AND DULUTH RAILROAD COMPANY.

Main Line of Road. — St. Paul, Minn., to Duluth, Minn 155.00 miles.

Knife Falls Branch : N. P. Junction to Cloquet 6.50

Grantsburg Branch : Rush City to Grantsburg 17.00

Quarry Branch : Miller to Quarry 5.00 — 28.50 miles.

f Taylor's Falls Branch : Wyoming to Taylor's Falls 20.50

T , J Stillwater and St. Paul MR. : White Bear Lake to Stillwater.12.5C

: j Duluth Short Line ER. : Thomson to West Superior ..17.75

^Minneapolis & Duluth RR. : White Bear Lk. to E. Minneapolis. 13.50— 64.25 miles.

Total length of lines (owned, 178.5 miles) operated June 30, 1891 247775 miles.

Second track, 16.5 miles. Sidings (owned. 78.94 ; leased, 11.65), 90.59 miles. Gauge, 4 ft.
8i in. Rail (steel [owned, 256.69 ; leased, 20.51], 277.20- miles), 56, 681, and 70 Ibs.

Between N. P. Junction and Duluth, 23.2 miles, the line is owned jointly by this com-
pany and the Northern Pacific Railroad Company.

History. — The St. Paul and Duluth Railroad Company is successor, by reorganization
June 27, 1877, to the Lake Superior and Mississippi RR. Co. (For complete historical state-
ment, see MANUAL for 1888, page 870.) The Duluth Short Line was completed September
24, 1888. It is leased for 99 years from September 1, 1886, to the St. Paul and Duluth Com-
pany, on guaranty of bonds. The Kettle River Branch, extending from Sandstone Junction
to Sandstone, 5 miles, sold in June, 1891.

For terms under which the leased lines are operated, etc., see statements for the several
companies appended. Preferred stock to the amount of $1,067,894.67 has been received (and
cancelled) from sale of lands and stumpage, and from sale to Northern Pacific Railroad of
joint interest in line from Thomson Junction to Duluth.

Rolling Stock, June 30, 1891. — Locomotive engines, 66. Cars — passenger, 42 ; sleeping,
7 ; baggage, etc., 8; business, 2 ; combination, 13 ; freight (box, 1,946 ; stock, 5 ; refrig-
erator, 9 ; furniture, 6, platform, 375 ; coal, 25), 2,366 : caboose, 19— total cars. 2,457. Also
1 wrecking, 1 pile driver, 1 snow plough, 2 boarding, 1 bridge repair, 1 wood-saw, 60 hand,
and 51 push cars.

Operations for year ending June 30 1891.— See tabulated statement on page 564.

Earnings.— Passenger $512,15605

Freight 1,054,954 66

Mail and Express 40,812 34

Miscellaneous 14,015 99

Total ($6,546.68 per mile) $1,621,939 04

Expenses.— Transportation $530,183 57

Motive Power and Cars 145,357 28

Maintenance of Way 218,415 91

General 137,624 58

Total ($4,123.43 per mile) $1,021,581 34

POOR'S MANUAL — ST. PAUL AND DULUTH KR. CO.

563

Net earnings (33.96 per cent.), $600,357.70. Add dividends received, $4,389.34 ; rentals,
$12,519.77 ; interest and exchange, £8,237.72 — total available revenue, $625,504.53. Pay-
ments : Interest on bonds, $1.")0,000 ; rentals (S. & St. P. RK., $20,000; T. F. & L. S. RK.,
$12.600 ; 1). S. Line, $25.000 ; M. & D. RK., $24,029.63), $81,629.62 ; rent of tracks and
depot facilities, etc., $11.918.38 ; taxes, $40,611.11 ; special account, properly chargeable to
operating expense of previous years, $31,900.18 ; dividends on preferred stock, No. 17, 4
p. c., paid September 1, 1890 ($214,612, less amount paid out of land and stumpage income.
$192,154.62), $22,457.38, and Xo. 18, 2£ per cent., paid March 1, 1891, $134,137.50— total,
$481.654.12. Balance, surplus for year, $143,850.41. Surplus forward. $22,457.38 — total.
as per general balance sheet, $166,307.79.

General Balance Sheet, June 30, 1891.

Cost of Road and Equipment $12,792,123 59 Capital Stock. Common (par. $100) §1, 860,20? 51

1,571.802 27 Capital Stock, Preferred (par, §100) 5,370,810 60

48,59t3 54 Firar Mortgage Bonds 1,000,000 00

Second Mortgage Bonds 2,000.000 00

95.111 79 Duluth Sh. Line Ry. Bonds, Guaranteed. 500,000 00

75,763 23 T. F. & L. S. Bonds, Guaranty! 210,000 00

608,091 15 ! Taxes, Pay-rolls, and Vouchers 219,876 28

3.132 75 ' Other Accounts— Liabilities 175,704 65

348.40$ 53 Skg. Fund for T. F. & L. S. Bonds (contra) 95,111 79

Deferred Land and Stumpage Income 106,204 98

Land ai:d Stnmpage Income expended in
improvements, construction and equip-
ment, prior to July 1, 1888 788,566 40

i Balance of RR. Income 166.3077;)

Balance of Land Income . . . 250,239 S4

Stocks, Bonds, etc

Materials and Fuel

Central Trust Co. for Redemption of T. F.

and L. S. Bonds (contra)

Land Contracts

Cash on Hand and in Bank

Cash for Unpaid Coupons and Dividends.
Accounts and Assets

Total Assets $15.543.029 84

Total Liabilities $15,543,02984

Dividends. — The company paid its first dividend on preferred stock Nov. 1, 1881, being
at the rate of 10 per cent, in preferred stock, and amounting to $470,560.69, such dividend
being in full to July 1, 1881. Cash dividends of 7 per cent, per annum on preferred stock
were regularly paid thereafter up to and including January, 1889. except for two semi annual
periods for which 7 per cent, was paid in preferred stock, amounting to $350,203 on Aug.
1, 1884. On July 5, 1887, a stock dividend of 15 per cent, was paid on the common stock,
amounting to $604,800, and being in full to January, 1887 ; on same date, 3 per cent, cash
dividend No. 1 was paid on common stock ; for six months to July 1, 1887, $120,960. A
cash dividend of 2 per cent, on preferred stock was paid July 16, 1889, and one of 24- per
cent, on January 16. 1890. On September 1, 1890, a dividend of 4 per cent.; on March 2,
1891, one of 2| per cent., and on September 1, 1891, one of 4| per cent. Tot*! amount
paid in dividends to September 1, 1891, $4,774,572.19, of which common stock, $604,800 ;
preferred stock, $820,763.69 ; and cash, $3,349,008.50.

Funded debt consists of $1.000,000 1st mortgage 5 per cent. 50-year $1,000 coupon bonds
due August 1, 1931, interest payable February and August, and $2,000,000 2d mortgage 5
per cent. 30-year $1,000 coupon bonds, due October 1, 1917, interest payable April and Octo-
ber. The bonds are secured by a first lien on the whole main line (subject to joint owner-
ship of 23.2 miles by Northern Pacific RR.) and the Knife Falls Branch. Capital stock
authorized, $12,600,000— common, $6,000,000, and preferred, $6,000,000. The preferred
stock is entitled to dividends, payable semi-aimually on the first days of March and Septem-
ber, equal to the net income of the company from all source:*, but such dividend is limited to
seven per cent, per annum. This dividend is a first charge en the net profits of the road, and
it is provided that in the event or a deficiency of such net profit to pay the stipulated sevtn
per cent., the net income from stumpage and land sales shall be applied to the dividend fund.
Provision is also made that when not so applied the net income from stumpage and land .-ales
each year, when equal to at least $10,000, shall be used in the purchase of preferred stock,
if said stock be below par in the market, and to be drawn as in the operation of the sinking
fund if it be above par. In addition to this provision for its gradual reduction, preferred

564

POOR 8 MANUAL — ST. PAUL AND DULUTH UK. CO.

stock is receivable for lands at par. Common stock is entitled to dividends from the earn-
ings of the railroad, limited to six per cent, in any one year, after the payment of preferred
gtock dividends, any surplus then remaining to be applied to purchase of preferred stock.
Each share of preferred and every three shares of common stock is entitled to one vote at all
meetings of the company.

Statement of railroad operations, earnings, general balances, etc., for five years (1884-
1888) ending December 31, six months ending June 30, 1889, and two years ending June 30,
1891 :

1884

1885

1886

1887

1888

1889

1890

1891

Miles of Railroad Owned. . .
Miles of Railroad Operated.
Passenger Train Miles ....
Freight Train Miles

179.00
225.00

178.50
225.00
354,317
588.664
257,344
7,689,687
92"2,673
92,861,618
$
237,678
1,112,854
30,680

1,381, -212
869,565

178.50
225.00
394.589
638,235
349,336
10,972,562
1,217,800
114-796,704
$
285.990
1,241.251
30.845

1,558,806
881,086

183.50
230.00
477,948
780,951
479,600
15,419.827
1,319,082
125,320,067

396,025
1,257.813
40,502

183.50
247.50
526,673
575,493
588.633
15,185.504
1,212.653
115,690,368
$

394,791
1,088,780
41,347

183.50
247.50
261,132
171.983

337.476
6,641,726
2H6.D46
30.160,342
$
175,969
310,240
25,671

183.50
247.75
535,605
460,425
847,117
16.579.025
953,748
100,583,706
$
393,530
966,363
50,634

183.50
247.75
564.034
450,275

20.ttf3.0r>»i
1,<107.330
102,S07,951

512,186

1,P54.<«55
54328

Passengers Carried

Passenger Miles

294.997
8,990,665
882.936
83.705.091
$'
271 596
1.009.124
36,594

Freight (tons) Moved
Freight (ton) Miles

Passenger Earnings

Freight Earnings
Other Earnings

Total Earnings
Operating Expenses

1,317,314
755,044

1,694,340

1.122.400

1,524,918
1,152,188

511,880
396,505

1,410,527
974,236

1,621.939
1,021^81

Net Earnings

562,270
64,906

511,647
201,415

667.000
163,058

571,940
1,174,976

372,730
367,946

115.375
64,715

436,291

22.498

600.358
25.147

Other Receipts

Net Income

627,126
86,527
50.000
187,092
27,652
+ 275,905
5,854 73
3,526 23
2,328 50
60. 23 p. c.
2.82 c.
1.21 c.
$
9,432,378
1,210,000
534,083
431,875
235,353

713.062
63,303
50,000
374,532
64,734
+ 155,494
6,138 72
4,049 84
2,088 88
65. 97 p. c.
2.88 c.
1.28C.
S
9.432,378
1,210,000
179,830
368,669
725,019

840.058
73,214
50,000
374,766
568,316
- 226,238
6,925 71
3,915 93
3,009 78
56. 54 p. c.
2.43 c.
l.OSc.

9,488,878

1,710,000
641,311
314,001
164,609

1,746,916
79,059
50,000
1,100,914
541,926
- 24.9S3
7,564 01
5,010 71
2,553 30
66. 24 p. c.
2.44 c.
l.OOc.

10.037,178
1,710,000
1,213,399
412.141
185,013

740,676
139.171
71,491
375.459
242,089
- 87.474
6.516 75
4.923 88
1.592 87
75. 56 p. c.
2.48 c.
0.94 c.
S
10,037,118
3,085,000
1,946,796
236,176
47,539

180,090
47,205
73.210
107,290

' — ' 47'.«i5
2,068 20
1.602 04
486 16
77.46 p. c.
2.50 c.
l.OSc.
S
10.037,118
3,710,000
486,437
211,985

458,789
125.226
150.000
134,118
26,912
+ 22.53M
5,693 35
3,932 33
1,761 02
72. 13 p. c.
2.23 c.
0.96 c.
?
10,037,118
3,710,000
424,77?
212.717
215.305
788.566

625,505
143,159
150.000
156,595
31.900
+ 143.850
6,546 68
4,123 43
2,423 !L'5
66. 04 p. c.
2.34 c.
1,02 c.

10.031,018
3.710,000
490,693
106,205
416,548
788,566

Taxes and Fixed Charges . .
Interest

Dividends (see below")

Other Charges
Balance ( + or — )
Gross Earnings per Mile . . .
Operating Expenses p. Mile
Net Earnings per Mile
Expenses to Earnings
Earnings p. Pass. p. Mile. . .
Earnings p. Ton p. Mile ....

Capital Stock

Funded and Guarant'd Debt
Bills, Accounts, etc
Deferred Land Income
Profit and Loss

*Land & Stumpage Income.
Total Liabilities.

788,566

11,843,689

11,915,896
10,185,392
505,731
59,783
637,807
527,183

12,262,299
10,185,392
968,001
59,325
616,262
433,319

13,507,731
11,374.044
1,204.380
7(5.227
556,642
296,438

15.352,629
12,623,790
1.432.151
166.803
509,238
621,647

15,234.106
12,7a5.999
1,432,369
103.795
534. S91
426,976
76

15,388,483
12,908,333
1,432,256
62,131
537,997
447,766

15,543,030
12.792.124

1,571.S02

Road and Equipment
Stocks, Bonds, etc

10,185,370
473,450
131,699
718,251
334,919

Materials and Supplies
Accounts and Assets
Cash on Hand
Profit and Loss

Total Assets

11,843,689

11,915,896

12,262,299

13,507,731

15,352,629 15,234,106

15,8887488

15,543,030

* Land and Stumpage Income expended for construction and improvement prior to July 1. iss*.

Land Department. — Congressional grant, 992,000 acres, and State (swamp land) grant,
694.400 acres — total, 1,686,400 acres. Grants acquired : Congressional, 815,482.75 ; State,
690: 333— total, 1,505,815.75 acres. Total grants received and to inure, 1,686,400 acres. Un-
sold June 30, 1890, 1,068,855.25 acres. During the year ending June 30, 1891, there were
received from the State, 24.826.95 acres ; acquired by cancellation of contracts, 20,720.69
acres ; and there were sold, 4,668.07 acres ; leaving 1,109,734.82 acres unsold June 30, 1891.
Preferred stock is received at par for lands sold.

Land and Stumpage Income Account for year ending June 30, 1891. — Cash receipts from
stumpage, $170,678.26; froui land sales, $4,071.65; from land contracts, $30,533.12 ; from
land notes, $58,545.71 ; prospecting and mining cases, $1,275 ; land and stumpage interest,
$9,651.06— total, $274,754.80. Expenses, $25,203.90. Net land receipts, $249,545.90.

Annual meeting, second Thursday in October, at St. Paul, Minn. Books close for annual

POOR'S MANUAL — ST. PAUL AND DULUTH SYSTEM. 565

meeting and for dividend payment twenty or thirty days before either event. Registrar of
stock and trustee of bonds, Central Trust Company, New York. Transfer agent, Fourth
National Bank. New York. Stocks and bonds listed on New York Stock Exchange.

RAILROADS OWNED OR OPERATED BY THE ST. PAUL AND DTOUTH RR. Co.

DTJLTJTH SHORT LINE RAILWAY.— Thompson, Minn., to West End June., Minn.. 13.74 miles ;
West Superior June.. Mini)., to West Superior. Wis.. 3 84 miles, including bridge over St. Louis River. Gauge,
4 ft. 8; in. Rail i steel i. 67 Ibs. Chartered July 1, 1886. Construction contracts were let in December, 1886, and
the road was completed in September, 18*^. It "was leased for 99 years from September 1, 1886, to the St. Paul and
Duluth RR. Co. at an annual rental of $25.000, being 5 per cent, interest on bonds. Capital stock ($100 shares),
$600.000 tall owned by the St. P. & D. RR. Co.) ; funded debt, first mortgage 5 per cent. 30-year bonds, due Sep-
tember 1. 1916. interest payable March and September. $500,000— total. SI. 100,000. Cost of road, 81.100,000. The
bonds are guaranteed, principal and interest, by the St. Paul and Duluth RR. Co.; principal payable at the office
V'.itral Trust Co., New York. Coupons payable at New York office, 32 Nassau Street. They are for $1.000
•each, and are coupon, with privilege of registration. Trustee. Central Trust Co., New York. Annual meeting,
fir<t Monday in June. R. S. HAYES. President ; William H. Coleman, Secretary and Treasurer. CORPORATK
OFFICE. St. Paul. Minn.

MINNEAPOLIS AND DULUTH RAILROAD. —White Bear Lake to Ea?t Minneapolis. 13.50
miles. The construction of this road was originally authorized under the charter granted to the Minnesota West-
ern RR. Co., dated March 3, 1857. By Act of February 4. 1870, that company was empowered to divide into
separate and distinct companies and to adopt different 'names. (See Minneapolis and St. Louis RR.) The con-
struction of this road was begun in April. 1871, and on August 15 of thai year it was opened for biiMiiess. On its
completion it was leased to the Lake Superior and Mississippi RR. Co.. but on the default of that company it
reverted to the control of its stockholders, who subsequently leased it to the Minneapolis and St. Louis Company.
In May. 1881. it was merged into the latter corporation, and shortly thereafter the St. Paul and Dulnth acquired
control of it under the terms of a lease by which the rental is a percentage of gross earnings on local business—
in 1891. $34.029.63.

STILLWATER AND ST. PAUL RAILROAD.-White Bear to Stiliwater. Minn.. 12.50 miles.
Incorporated January 24. 1867 : road opened December 9. 1870. Leased to St. Paul and Duluth RR. Co. for 999
years from January 1, 1871, for $28,000 a year. Rental reduced to $20,000 a year, January 1, 1878. Capital stock
(owned chiefly by St. P. & D. RR. Co.), $400.000 ; funded debt. 1st mortgage 7 per cent. 30-year gold bonds, dua
December 1, 1900, $400,000 -total, representing cost of road, etc., $800,000. Bonds outstanding June 1. 1S91,
$260.500. interest on which is paid from annual rental. Trustee of bonds, J. H. Dingee. Jr., Philadelphia. Pa.
State land grant, 65.113 acres. Sold and contracted to be sold to June 30, 1891, 63,519.10 acres for $219,267.09,
leaving unsold 1,594.44 acres. R. S. HAYES, Prttidtnt ; W. H. Coleman, Secretary and Treasurer. St. Paul, Minn.

TAYLOR'S FALLS AND LAKE SUPERIOR RAILROAD.-Wyoming to Taylor's Falls,
Minn., 20.50 miles ; total track, 22 miles. Chartered February 5, 1875. with power to construct a line from a point
on the line of the Lake Superior and Mississippi RR. mow St". Paul and Dulnth) to the St. Croix River at Taylor's
Falls. The control of this organization afterward became vested in the Minneapolis and St. Louis RR. Co.. and,
about 1SSO. steps were taken toward the construction of the road from the St. Paul and Duluth line at White Bear
Lake to Taylor's Fails, the object being to complete a connection between the Minneapolis Road and the St. Paul
and Omaha~'s North Wisconsin line, or ultimately to establish an independent line to Lake Superior. At this
time the St. Paul and Duluth had under construction a branch line to Taylor's Falls from Wyoming on its main
line, and to obviate the '-onstrnction of a competitive line to tne same point, it entered into an agreement with the
Minneapolis Company May 1, 1-*SO, under which the construction of the line from White Bear^Lake to Taylor's
Falls was abandoned," aud the line from Wyoming to Taylor's Falls was built in its place. By this agreement the
rights, franchises, land grant, etc., attached to the proposed branch of the St. Paul and Duluth RR. Co. were
transferred to the Taylor's Falls and Lake Superior RR. Co., under whose charter the line was built. The road
was completed and opened November 8, 1880, its cost having been S303.064.58. which was advanced jointly by the
Duluth and the Minneapolis Companies, each of which was to receive, as representing such half interest, one-half
of an issue of bonds, to the amount of $24(5.000. made by the Minneapolis and St. Louis and secured on the Tay-
lor's Falls Road, and one-half of the stock of the Taylor's Falls Company. On October 12, 1880, the line was
leased to the Minneapolis Company at 30 per cent, of the irross earnings from local business. Later in the same
year the Duluth Company acquired a half interest in this lease, and on August 1, 1883, acquired the remaining half
interest in j hat lease, as well as full title to the proportion of the Taylor's Falls stock previously owned by the
Minneapolis Company. Immediately following this transfer the St. Paul and Duluth purchased and cancelled the
$24^.000 Minneapolis and St. Louis bonds, which were secured by a lien on the road, the Taylor's Falls and Lake
Superior RR. Co. issuing, in order to meet the liability thus incurred, to repay the St. P. & D. for its share of
construction expenses. $210,000 1st mortgage 6 per cent. 30 year $1.(XX) coupon bonds, due January 1. 1914. interest
payable from rental January and July (guaranteed by lessee). Capital stock (all owned by St. P". & D. RR. Co.),
$415.200. The company has a land grant of seven sections per mile of road —of which unsold June 30, 1891. 70.-
943.41 acres. R. S. HAYES. Prt*idiut ; A. B. Plough. Vn;-P"t>x'nlent ; W. H. Coleman, Treasurer, St. Paul,
Minn.: George W. Seymour, Secretary, Taylor's Falls. Minn. GENERAL OFFICE, St. Paul, Minn.

Board of Directory St. P. & D. RR. Co., elected October 8, 1891.

Term empire* in October, 1892. I Term expires in October, 1893. I Term expire* in October, 1894.

A. H. Sreve-us New York. N. Y. | A. B. Plough St. Paul, Minn. | R. S. Hayes New York, N. Y.

J. Smith. Jr St. Paul, Minn. I W. C. Tuckerman. .New York, N. Y. I Thomas Denny .

Clarences. Day ...New York, N. Y. I R. B.Dodson " " | E. W. Peet St. Paul, Minn.

Executive Committee : R. S. Hares, Thomas Denny, A. H. Stevens, Clarence S. Day,
Walter C. Tuckerman.

R. S. HAYES, President New York, N. Y.

A. B. Plouerh, V ice-President and General Manager St. Paul, Minn.

Sec. and Treas.—G. G. Haven. Jr New York, N. Y. I Auditor— T>. A. McKinlay . . . . .St. Paul, Minn.

Asst. Sec. & Local Tre>js.— W.H.Coleraan, St. Paul. Minn. | teneral Solicitor*— Lnsk; Bonn A Bradley '•

PRINCIPAL OFFICE AND ADDKESS St. Paul, Minn.

Transfer Office Fourth National Bank, New York, N. Y.

New York Office . .32 Nassau Street.

566 POOR'S MAI^UAL OF RAILROADS.

ST. PAUL UNION DEPOT COMPANY.

Line of Road. — In the city of St. Paul, Minnesota 5.63 milep.

Gauge, 4 ft. 8| in. Rail (steel), 75 Ibs. per yard.

History. — Chartered March 5, 1879 ; opened August 22, 1881. The company uses 0.28
mile of the track of the St. P., M. & M. Ry. Co., at a rental of $840 per annum. All rail-
roads (except M. & St. L. Ry.) entering St. Paul uise this company's depot.

Rolling Stock. — Locomotive engines, 2. Trucks and push-cars, 19.

Operations for year ending June 30, 1891.— Earnings— passenger, $125,844 22 ; freight,
$8,264,12 ; other, $2,801.95— total, $136,910.29. Operating expenses— yard expenses, $38,-
469.52 ; motive power, $2,519.28 ; maintenance way, etc., $14,983.69 ; general, $80,117.60—
total, $136,090.09. Net earnings. $820.20. Receipts from rents, $35,179.80. Total avail-
able revenue, $36,000. Payments : 6 per cent, interest on bonds, $15,000 ; dividends (6 per
cent.), $21,000— total, $36,000.

Financial Statement, June 30, 1891.— Capital stock (authorized, $500,000; par, $100),
$350,000 ; funded debt, $250.000 ; bills payable, $141,200 ; current accounts, $25,040.36 ;
surplus earnings, $8,542.60 ; interest on bonds, $2,500 ; dividend on stock, $3,500— total,
$780,782.96. Contra: Cost of road, $72,296.65 ; rolling stock, $18,394.34 ; real estate and
buildings, $651,402.78 ; materials, etc., $802.99 ; cash set aside for insurance, $3,902.50;
current accounts, $27,974.08 ; cash, $6,009.62— total, $780,782.96.

The funded debt consists of 1st mortgage 6 per cent. 50-year coupon $1,000 bonds, due
1930, interest May 1, and November 1, at office of trustee, Central Trust Co. of New York, N. Y.

Annual meeting, second Wednesday in May, at St. Paul, Minn. Dividends payable May
and November, at St. Paul, Minn. Registrar of stock. C. B. Brunson, Secretary of Company.

Directors.— A. B. Plough, E. W. Winter, W. P. Clough, W. S. Mellon, St. Paul, Minn.;
W. G. Collins, Milwaukee, Wis.

A. B. PLOUGH, President St. Paul, Minn.

W. G. Collins, Vice-President Milwaukee, Wis.

Treasurer— H. P. Upham St. Paul, Minn. | Secretary and Supt.—C. B. Brunson St. Paul, Minn.

PniNCirAL AND TRANSFER OFFICES St. Paul, Minn.

SALISBURY RAILROAD COMPANY.

Main Line of Road.— Salisbury Junction, Pa., to West Salisbury, Pa.. .8.6
Branches : Grassy Run Junction to Co-operative Mines, 2 ; Hocking Junc-
tion to Hamilton Mine, 1.10 3.1—11.7 miles.

Sidings, 8.32 miles. Gauge, 4 ft. 8| in. Rail (steel, 11.92 miles), 60 and 62^ Ibs.

History. — Chartered May 8, 1875 ; road completed in 1878. Operated by the Baltimore
and Ohio RR. Co., but operations reported separately.

Rolling Stock. — Locomotive engine, 1. Cars (passenger), 1. Other equipment fur-
nished by the B. & 0. RR, Co.

Operations for year ending June 30, 1891. — Train mileage and traffic statistics not
reported. Earnings— passenger, $642.89; freight, $54,146.36; express, $58.51— total, $54,-
847.76. Operating expenses, $26,703.12. Net earnings, $28,139.64. Paid interest on bonds,
$10,500; taxes $532.53— total, $11,032.53. Surplus, $17,107.11. Deficit, $10,971.56— net
surplus, $6,135.55.

Financial Statement, June 30, 1891.— Capital stock (par, $50)— preferred, $13.550 ;
common, $104,479.50 ; funded debt (1st mortgage 7 per cent. $100, $500, and $1,000 coupon
bonds, due' January 1, 1898, interest payable January and July), $150,000 ; matured interest
coupons unpaid, $1,697.50; tax on bonded indebtedness, $1,367.40 ; profit and IOSP, $6,135.55
—total, $277,229.95. Contra: Cost of road, $260,523.44: rolling stock, $9,724.50; current
accounts, $6,968.30 ; cash on hand, $13.71— total, $277,229.95.

Annual meeting, first Monday in May, at Pittsburgh, Pa. Voting power attaches to

POOR'S MANUAL OF RAILROADS. 567

stock after sixty days' ownership. Interest payable at the Citizens' National Bank. Pitts-
burgh, Pa. Trustee of bonds, Geo. A. Berry, Pittsburgh, Pu.

Directors (elected May 4, 1891). — E. Holbrook, J. B. Jackson, Johns McCleave, C. S.
Wight. Charles Donnelly, J. M. Schoonmaker, Pittsburgh, Pa.; A. J. Hill, Vanderbilt, Pa.;
Francis Burns, Baltimore, Md.

J. B. WASHINGTON, President Pittsburgh, Pa.

Treasurer— \\ . H. Ijams Baltimore, Md. | Secretary— A. W. Black Pittsburgh, Pa.

PRINCIPAL OFFICE AND ADDRESS Pittsburgh. Pa.

SANDERSVILLE AND TENNILLE RAILROAD COMPANY.

Line of Road. — Tennille, Ga., to Sander.sville, Ga 3.5 miles.

Sidings and other tracks, 0.50 mile. Gauge. 5 ft. Rail (steel, 1 mile), 60 Ibs.

History.— Chartered March 4. 1875 ; road opened October 1, 1876.

Rolling Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 1 ; baggage,
etc., 1 ; other, 2 — total cars, 3. Uses freight ca^s owned by Central RR. of Georgia.

Operations for year ending June 30, 1891. — Train mileage — passenger, 2,190 ; freight,
6,570 ; mixed, 550 — total, 9,310 miles. Passengers carried, 14,556 ; carried one mile, 50,946 ;
average mile rate, 4.76 cents. Tons freight moved, 11,101 ; moved one mile, 38,855 ; aver-
age ton-mile rate, 14.29 cenrs. Earnings — passenger, $2,426.05; f r» iirht. $5,550.73; mail,
$140.64 ; express, $224.63 ; other, $673.42— total traffic earnings, $9.015.47. Add divi-
dends, $48 ; rents, $36; surplus from last year, $6'21. 84— total, $9.721.31. Expenses— trans-
portation, $1,697.10 ; motive power, $4,235.97 ; maintenance of cars, $429.05 ; roadway and
buildings, $1,884.03; general, $1,033.05 — total operating expenses, $9,279.20. Paid interest
on bonds, $521.78; dividends, $992— total disbursements, $11,108.16. DeBcit, $1,386.85.

Financial Statement, June 30, 1891. Capital stock (par, $100), $12,400 ; funded debt
(authorized, $10,000), $7,454; profit and loss, $1,386.85— total liabilities, $21.24085.
Contra: Cost of road, $15,000; rolling stock, $6,000; real estate, etc., $2,800 ; stock and
bonds, $600— total assets, $24,400. Excess of estimated assets, $3,159.15. Funded debt
consisted of 7 per cent. 20-year registered bonds, due the city of Sandersville, dated 1876,
interest payable March and September. Amount of capital stock authorized, $50,000.

Annual meeting, first Monday in August, at Sandersville, Ga. Books close 30 days
before annual meeting or payment of dividends. Voting power attaches to stock after 30
days' ownership. Interest and dividends payable annually, at Sandersville, Ga. Registrar
of stock, H. N. Holli field, Sandersville, Ga.

Directors (elected August 3, 1891).— C. R. Pringle, M. Newman, R. L. Warthen, B. D.
Evans, J. N. Gilmore, H. N. Hollifield, George D. Warthen, J. N. Gilmore, Sandersville, Ga.

C. R. PRINGLE, President Sandersville, Ga.

Treasurer— G. D. Warthen Sandersville, Ga. | Sec., Aud., & Tr.Agt.—H. N. Hollifield. Sanderaville, Ga.

PRINCIPAL OFFICE AND ADDRESS Sandergville, Ga.

SANDY RIVER RAILROAD COMPANY.

Line of Road.— Farmington, Me., to Phillips, Me 18.5 miles.

Sidings, etc., 2 miles. Gauge, 2 ft. Rail (steel, 18 miles), 35 Ibs.

History.— Chartered March 31, 1879 ; road opened November 20, 1879.

Rolling Stock. — Locomotive engines, 4. Cars — passenger, saloon, aud excuision, 4 ;
baggage, mail, etc, 1 ; freight (box, 14 ; platform 19), 33 ; other cars, 2. Also 1 snow plough.

Operations for year ending June 30, 1891.— Train mileage— passenger, 21,216 ; freight.

16,848 ; working, 1,000— total, 39,064 miles. Passengers carried, 23,027 ; carried one mile,

16,170; average mile rate, 4.10 cents. Tons freight moved, 20,478; moved one milr,

319,565 ; average ton-mile rate, 5.80 cents. Earnings— passenger, $13,123.59 ; freight, $18.-

568 POOR'S MANUAL OF RAILROADS.

708.44; express, $1,235.17; mail, $957.96— total, $34,025.16. Operating expenses, $46,-
108.82. Deficit on operation, $12,083.66. Paid interest, $4,500 ; dividends, $4,146— total,
$8,646. Deficit for year, $20,729.66. Surplus forward, $5, 763. 72. Net deficit, $14,965.94.

Financial Statement, June 30, 1891.— Capital stock (par $50), $69,100 ; funded debt,
$90,000; interest on bonds, $1,500; due on accounts, $3,802.59; dividends unpaid,
$99.50; floating debt, $21,104.05— total, $185,606.14. Contra: Construction, $112,895.60;
equipment, $39,769.14 ; due from agents, $:-J, 053.54 ; fuel on hand, $1,588.75 ; due on ac-
counts, $8,731.95 ; stock for repairs, $1,140 ; water works at Phillips, $763.54 ; real estate,
$600 ; cash, $2,097.68 ; deficit, $14,965.94— total, $185,606.14.

Funded debt consi^s of 1st mortgage 5 per cent. 30-year bonds, clue September 1, 1915,
interest March and September, at the National Bank of Commonwealth, Boston, Mass. These
bonds are part of an issue of $200,000, authorized by stockholders August 31, 1885, of which,
however, only $100,000 are to be issued while the road remains narrow gauge. The proceeds
of the above issue were used in part in retiring the old six per cent, bonds.

Directors (elected November 18, 1891).— N. B. Beal, Joel Wilbur, Phillips, Me. ; W. D.
Sewall, Bath, Me. ; J. H. Bonney, D. M. Bonney, Farmington. Me.

N. B. BEAL, President, Sup., and Pur. Agent Phillips, Me.

Treasurer— 3. E. Thompson Phillips, Me. | Clerk— Daniel M. Bonney Farmington. Me.

PRINCIPAL OFFICE AND ADDKESS Phillips, Me.

SAN FRANCISCO AND NORTH PACIFIC RAILWAY COMPANY.

Main Line of Road.— Point Tiburon, Cal., to Ukiah, Cal 106.00 miles.

Donahue Branch : Donahue to Junction with main line 5 . 76

Guernemlle Branch : Fulton to Guerneville 17. 61

Sebastopol Branch : Santa Rosa to Seba«topol 6. 25

Glen Ellen Branch . Ignacio to Glen Ellen 26.63— 56.25 miles.

Total length of roads operated, June 30, 1891 162.25 miles.

Sidings, 24.53 miles. Gauge, 4 ft. 8| in. Rail (steel, 106.20 miles). 50 and 56 Ibs.

In addition to the above mileage the company operates the ferry from Sau Francisco to
Point Tiburon, 6.5 miles, making total railroad and ferry operated, 168.75 miles.

History. — This company was formed in March, 1889, by the consolidation of the San
Francisco and North Pacific, the Sonoma Valley, the Marin and Napa, the Cloverdale and
Ukiah, and the San Francisco and San Rafael RR. Cos. (See MANUAL for 1890.) The
Sebastopol branch was completed and opened on February 17, 1890. An extension of the
Guerneville Branch, 1.5 miles into the redwood forest west of Guerneville is under way.

Rolling Stock, June 30, 1891. — Locomotive engines, 18. Cars — coaches, 41 ; excursion,
7 ; baggage, mail, and express, 4 ; palace, 1 ; freight (box, 102 ; flat, 272 ; stock, 13 ; caboose,
2), 389 ; other, 79 — total cars, 521. Als.i 2 passenger narrow-gauge cars. The company also
owns 3 steamers.

Operations for year ending June 30, 1891.— Train mileage— passenger, 234,134 ; freight,
47,763; mixed, 73,516; other, 34,017— total, 389,430 miles. Passengers carried, 804,148;
carried one mile, 19,835,773 ; average mile rate, 2.09 cents. Tons freight moved, 192,472 ;
moved one mile, 8,299,391 ; average ton-mile rate, 4.37 cents.

K»rn ings.— Passenger $416,479 01

Freight 362,834 57

Mail 21,136 15

Express 16,056 69

Miscellaneous 16,141 12

Total ($5,131.88 per mile) $832,647 54

Expenses.— Transportation ? 172,495 80

Motive Power 108.811 96

Maintenance of Cars 18..YJO :>1

Maintenance Way 1 42,281 02

General 75,737 13

Total ($3,191.70 per mile) Sol" 852 42

Net earnings (37.80 per cent.), $314,795.12. Payments : Interest on bonds, $206,633.33 ;
sinking fund, $25,000 ; taxes, $26,610.31— total, $258,243.64. Balance, surplus for year,
$56,551.48. Surplus forward, $15,365.53— total, $71,917.01.

MAP OF THE

SAN FRANCISCO

SOUTH PACIFIC HY.

!<?

569

570 POOR'S MANUAL OF RAILROADS.

General Balance Sheet, June 30, 1891.'

Cost of Consolidated Roads $10,327,193 88 ! Capital Stock (par, $100) $6,000,000 00

Materials on Hand 42,319 55 ! Funded Debt Outstanding 4,150^00000

Mercantile Tr't Co. (For Redem'n of B'd*) . 25,610 00 j Sinking Fund Paid 50,000 00

Cash and Accounts 25,157 68 Replacement of Rolling Stock Fund 1,542 80

Current Accounts 56,860 66

Bills Payable 30,507 00

Anglo-Calif ornian Bank 59,452 64

Net Revenue Account. . . 71,917 01

Total Assets $10,420,280 11 I Total Liabilities $10.420,280 11

Funded debt consisted June 30, 1891, of 1st mortgage 5 per cent. 30-year $1,000 bonds
due January 1, 1919, interest payable January and July, at 46 Wall Street, New York City
or in Frankfort-on-the-Main. The bonds are coupon with privilege of registration. There
is a sinking fund of $25,000 per annum for purchase of the bonds in the market at not ex-
ceeding 110 and interest. Trustee, Mercantile Trust Co., New York, N. Y.

Directors (elected January 19, 1892). — John F. Burgin, Philip N. Lilienthal, Peter J.
McGlynn, Alfred L. Seligman, Charles F. Hanlon, Russell J. Wilson, Henry T. Scott, San
Francisco. Cal.

JOHN F. BURGIN, President San Francisco, Cal.

Philip N. Lilienthal, Vice- President San Francisco, Cal.

Sec. and Compt—Thoa. Mellersh.. ..San Francisco. Cal. | General Manager- H. C. Whiting.. San Francisco, Cal.
Treasurer — Alfred L. Seligman .San Francisco, Cal.

PRINCIPAL OFFICE AND ADDRESS No. 410 Mission Street, San Franci-co, Cal.

SANTA FE SOUTHERN RAILWAY COMPANY.

•

Line of Road. — Santa Fe to Espanola, N. M 39.2 miles.

Sidings, etc., 2 miles. Gauge, 3 ft. Rail (steel), 50 Ibs.

History. — Road built in 1886 by the Texas, Santa Fe and Northern Ry. Co. Company
reorganized under present name in 1888. Surveys have been completed on a proposed exten-
sion from Santa Fe to San Pedro, N. M.

Rolling- Stock.— Locomotive engines, 3. Cars — passenger, 2 ; baggage, mail, and ex-
press, 1 ; freight (box, 10 ; platform, 27 ; coal, 5), 42 ; caboose, 2 ; other, 6 — total cars, 53.

Operations, Financial Statement, etc. — Not furnished.

Annual meeting, December 8, at Santa Fe, N". M.

Directors. — T. B. Catron, John Symington, Santa Fe, \T. M. ; E. R. Chapman, E. R.
Leland, S. F. Sullivan, C. H. Eicks, C. A. Bromley, New York, N. Y.

E. R. CHAPMAN, President 80 Broadway, New York, N. Y.

Secretary & Treas.—C. H. Eicks.. New York, N. Y. | Ast. Sec. & Local Treas.— John Symington, Santa Fe, N. M.

PRINCIPAL OFFICE AND ADDRESS. . . .Santa Fe, N. M.

SARATOGA AND ST. LAWRENCE RAILROAD COMPANY.

Line of Road. — Bombay to Moira, N. Y 8.5 miles.

Sidings, etc., 0.42 mile. Gauge, 4 ft. 8^ in. Rail (steel), — Ibs.

History. — Chartered August 17, 1885 ; road built in 1889.. Operations, etc., not reported.

Financial Statement, June 30, 1890 (latest furnished}.— Capital stock, $80.000 ; funded
debt, 1st mortgage 5 per cent. 50-year bonds, dated June 1, 1889, interest June and Decem-
ber, $100,000— total, $180,000. Contra : Cost of road, $100,687.28 ; profit and loss, $70,312.72
— total, $180,000. Annual meeting, third Wednesday in December.

Directors (elected December 17, 1890).— J. Gregory Smith, E. C. Smith, F. W. Baldwin,
St. Albans, Vt. ; Frank Owen, Louis Hasbrouck, Ogdensburg, N. Y. ; S. \V. Cummings, St.

POOR'S MANUAL OF RAILROADS.

571

Albans, Vt.; S. W. Foster, Montreal, Que. ; E. G. Reynolds, T. A. Sears, Bombay, N. Y.; F.
D. Kilburn, Thomas Cantwell, Malone, N. Y.; W. B. Babcock, Francis Shields, Bombay, N. Y.

SAMUEL W. FOSTER, President Montreal, Que.

E. G. Reynolds, Vice-President Bombay, N. Y.

Treasurer— D. D. Raulett St. Albans, Vt. | Secretary— Louis Hasbrouck Ogdensbarg, N. Y.

PRINCIPAL OFFICE AND ADDRESS Bombay, N. Y.

SAVANNAH, AMERICUS AND MONTGOMERY RAILWAY COMPANY.

Line of Road.— Lyons, Ga., to Montgomery, Ala 270

Leased : Albany, Florida and Northern ER. : Albany, Ga., to Cordele, Ga. . 35—305 miles.
Sidings, 30 miles. Gauge, 4 ft. 8| in. Rail (steel), 60 Ibs.

History. — Successor, December 26, 1888, to the Americus, Preston and Lumpkin RR.
Co. (see MANUAL for 1890, page 425). Road completed as above towards the close of 1891.
At Lyons entrance is obtained into Savannah over the tracks of the Central RR. and Bank-
ing Co. of Georgia. During the past year this company leased the Albany, Florida and
Northern RR. (see above), and recently purchased all of its capital stock ($175.000).

Rolling Stock, June 30, 1891. — Locomotive engines, 19. Cars — passenger coaches, 20 ;
baggage, mail, and express, 7; freight (box, 341 ; flat, 723), 1,064; caboose, 8 ; other, 1 —
total cars, 1,100. Since the close of the fiscal year 3 locomotives and 300 box cars have been
added to above equipment.

Operations for year ending June 30, 1891 (average, 190 miles). — Train mileage not re-
ported. Passengers carried, 220,724. Tons freight moved, 326,505. Earnings — passenger,
$110,497.33; freight, $387,056.40; mail, $10,832.66; express. $5,458.97; other, $27,653.40
— total, $491,498.76. Operating expenses — transportation, $95,96-1.80; motive power, $87,-
820.11; maintenance of cars, $12,794.41; of way, etc., $43,839.68; general. $41.713.16—
total, $282,132.16. Net earnings, $209,366.60. Paid interest on bonds, $143,911.26; tele-
graph, $622.96— total, $144,534.22. Balance surplus, $64,832.38 ; surplus forward, $56,523.81
—total, $121,356.19.

Supplementary statement showing earnings and expenses for the six month* ending
January 1, 1892, and 1891.

EARNINGS.
Passenger . .

Freight

Mail

Express

Miscellaneous . . .

1892

*59,204 41

183,884 69

5,688 34

2,424 79

18,408 72

1891

$61,143 83

180,339 12

2,352 96

2,784 52

12,992 37

Total

Net earnings, 1891

EXPENSES.

Transportation

Motive Power

Maintenance of Cars

Maintenance of Way, etc..

General

Repairs to Buildings

Total . . .

1892

$96,769 65
13,940 53

"26,374 30
32,012 80

1891

$52,618 73

38,844 65

7,430 68

26,264 41

14,630 01

73 17

. §269,610 95 $259,612 80

$106,513.67; 1890, $119,751.15.

General Balance Sheet, June 30, 1891.

$163,097 28 $139,861 65

Cost of Road. Depots, etc ................ $3,577,829 67

Advanced A. F. & N. Ry. Construction . . , 231 49

Cost of Rolling Stock ................... 723,79677

Real Estate and Terminals . . . 175 070 49

Materials and Fuel ........................ 101,124 87

Bills Receivable and Due from Ind. & Cos. 29,537 63
Cash on Hand to Pay Coupons Due July 1. 6-L800 00
Cash on Hand ..... : ...................... __ 7-65JL3l

Total Assets .......................... $4,684,049 23

Capital Stock (par, $100) $1,114.800 00

Funded Debc Outstanding 2,940,000 OC

Bills Payable 18,839 38

Current Accounts .... 165 736 34

Car Trusts 323,817 32

Profit and Loss 121 ,356 19

Total Liabilities

$4,684,049 23

Funded debt consists of $100,000 l*t mortgage 7 per cent. $500 coupon bonds, dated Feb.
ruary 16, 1885, due January 1, 1905 (secured by 1st mortgage on road-bed from Americus to
Lumpkin, 38 miles), interest payable January and July ; $250,000 extension mortgage 7 per
cent. 20-year $500 coupon bonds,- due January 1, 1906 (secured by 1st mortgage on extension
east of and from Americus to Abbeville, and a second lien on the road-bed from Americus to
Lumpkin), interest payable January and July.

Subsequent to the issuance of these bonds charters were procured from the respective

572 POOR'S MANUAL OF RAILROADS.

States, authorizing the extension of the road east into Savannah, Ga., and west into Mont-
gomery, Ala., and bonds thereon at the rate of $12,000 per mile on completed road — the
whole issue thus authorized on the entire line between Savannah, Ga., and Montgomery, Ala.,
being $4,100,000 6 per cent. 30-year $1,000 gold coupon bonds, due July 1, 1919, interest pay-
able January and July. This last named issue of bonds is secured by a general 1st mortgage
— subject to liens above set forth — on the entire property of the company now owned or here-
after to be acquired.

Of these bonds $2,940,000 have been issued, $250,000 of which are placed in the hands
of the trustee — the Mercantile Trust and Deposit Company of Baltimore, Md., to stand
against and redeem the $250,000 7 per cent, bonds above described.

Annual meeting, July 9 each year, at Americus, Ga. Books close 15 days previously.
Voting power attaches to stock immediately after transfer. Dividends payable at office of
treasurer, Americus. Ga. Interest payable at Americus, Ga., or at office of Mercantile Trust
and Deposit Co. of Baliimore, Md., on the consolidated issue of bonds — Mercantile Trust and
Deposit Co. being the trustee thereof. The 1st 6s are listed on the New York Stock Ex-
change. Moses Speer, J. VV. Wheatley, and H. C. Bagley, Americus,- Ga., are trustees for
the other bonds. Registrar of stock, S. C. Cooper, Treasurer.

ALBANY, FLORIDA AND NORTHERN RAILWAY.-Albany, Ga., to Cordele, Ga., 35 miles.
Gauge, 4 ft. 9 in. Rail (steel). 60 Ibs. Chartered November 11, 1889; road completed daring 1891. Leased dur-
ing the past year to the Savannah, Americas and Montgomery Ry. Co. Rolling Stock. — Locomotive engines. 2.
Cars— passenger, 2 ; baggage, etc., 1 ; freight, 10— total cars, 13. Financial Statement.— Capital stock (author-
ized, $10,000,000 : par value, $100 per share), $175,000 ; funded debt (1st mortgage 6 per cent. 30-year $1.000 gold
coupon bonds, dated July 14, 1890, interest payable January 1 and July 1, at the office of the trustee, Mercantile
Trust and Deposit Co. of Baltimore. Md.), authorized at rate of $12,000 per mile of completed road ; issued and
in trustees' hands, $430,000— total' stock and bonds, $575,000. Annual meeting held on first Monday in
November. S. H. HAWKINS, President ; S. C. Cooper, Secretary and Treasurer. Americus, Ga. PRINCIPAL
OFFICE, Albany, Ga.

Board of Directors. Savannah, Americus and Montgomery RR. Co., elected July 9, 1891.

S. II. Hawkins Americus, Ga. ' Jno. Windsor Americus, Ga.

W.E.Hawkins " " Thornton Wheatley. . "

G. W. Glover... " " C. A. Huntington.". . "

J. E. D. Shipp Cordele, Ga. | J. D. Maynard Abbeville, Ga,

J. M. Scott Lumpkin, Ga.

T. S. Chappell Preston, Ga.

J. W. May Lumpkin, Ga.

J. R. Stapleton Preston, Ga.

D. B. Harrell • Preston, Ga.

S. H. HAWKINS, President. Americus, Ga.

S. W. Coney, 1st Vice- President Coney, Ga.

Zd V.-Pres. & Gen. Man.— W.E.Hawkins. Americus, Ga. | Sec., Treas., & Gen. Acct.—S. C. Coop«r .Americus, Ga.

PRINCIPAL OFFICE AND ADDRESS Americus, Ga.

New York Office 379 Broadway.

SAVANNAH, FLORIDA AND WESTERN RAILWAY COMPANY.

Main Line of Road. — Savannah, Ga., to Bainbridge, Ga 237.5 miles.

Jacksonville Branch : Waycross, Ga., to Jacksonville, Fla 75.4 miles.

Gainesville Branch : Dupont, Ga., to Gainesville :..... 118.1 miles.

Albany Branch : Thomasville, Ga., to Albany, Ga 58.3 miles.

Bainbridge Branch : Bainbridge Junction to Chattahoochee, Fla 30.4 miles.

Lake City Branch : Lake City Junction, Fla., to Lake City, Fla 18.7 miles.

Savannah Branch : Extension to Wharves 2.1 miles.

Junction Branch : Southover Junction, Savannah, to Central RR. of Ga 4.1 miles.

Monticello Branch : Thomasville, Ga., to Monticello, Fla 24.0 miles.

Total length of lines owned and operated, June 30, 1891 5^8.6 miles.

2d track, 1.35 ; sidings, etc., 107.49 miles. Gauge, 4 ft. 9 in. Rail (steel, 595.35 miles), 50
60, 70, and 75 Ibs.

History.— Consolidation, March 1, 1884, of the Waycro?s and Florida, the East Florida,
the Live Oak, and Rowland's Bluff, the Chattahoochee and East Pass, and the Live Oak, Tampa
and Charlotte's Harbor RR. Cos. with the Savannah, Florida and Western Ry. Co. (For terms
of consolidation and full historical sketch see MANUAL for 1885.) The Lake City Branch was
built in 1886, and the Monticello Branch in 1888. (See MANUAL for 1890.)

In 1888 this company entered into a contract whereby it guarantees the first mortgage

POOR'S MANUAL — SAVANNAH, FLORIDA AND WESTERN RY. CO.

573

bonds of the Brunswick and Western RR. Co. In July, 1890, a conlrolling interest in the Ala-
bama Midland RR. Co. was acquired by the Plant Investment Co., which controls this

-in.

Rolling Stock, June 30, 1891.— Locomotive engines, 88. Cars -passenger, 58 ; baggage,
mail, and express, 58; freight (box, 832; stock, 43; platform, 600), 1,475; gravel, 53;
caboose. 34; other, 10— total cars, 1,688. Of this equipment, 9 locomotives, 8 baggage, mail,
and express, 102 box, and 61 platform cars are lea-ed.

Operations for year ending June 30, 1891.— See tabulated statement below.

Karninsrs.— Passenger S?''"

Freight and Express 2,000,594 68

Mail 118.118' 60

Miscellaneous ... 365,887 73

Expenses.— Transportation $1,312,201 79

Motive Power and Cars 320,941 80

Maintenance Way & Buildings 456,675 23
General . . 208.767 46

Total < $4,042.54 per mile) $2,298,586 28

Payments : Interest on funded debt, $431,-

Total ($5.723.27 per mile) $3.254.249 22 |

Net earnings (29.41 per cenr.), $957,162.94.
864; on debt, $28,979.60; dividends on stock (2 \ er cent.), $131,946; taxes, $43,513.71; other
payments, $28,019.07— total, $664,322.38. Balance, surplus, $292.840.56 ; surplus forward,
$93,841.90— total, $386,682.46.

Statement of operations, capital accounts, etc., for seven years :

1885

1886

1887

1888

1889

1890t

1891t

Miles of Railroad

525.80

851 Q49

545.00
1 037 358

545.00

569.00
898.304

569.00
893,974

569.00
988.935

568.60
960863

Freight Train Miles

775 274

810,000

852.177

918,090

1,079,647

816,764

Passengers Carried
Passengers Carried 1 M .
Tons Freight Moved
Tons Moved One Mile. .

Passenger Earnings
Freight Earnii)°r*

388,629
27,075,668
642.797
76,568,437

779,474
1,308,732

422.572
26.920.141
687,839
81,339,047

797,093
1.325.457

432.785
25,608,875
829,444
91,287,613

749,864

1,500,677

424.951
25,1(31,127
892.680
97,364,060

741.514
I.659;<J63

425.594
22,489.403
927,547
102,898.246
$
649.375
1,712,194

519.251
27,218.321
1,099.461
126,782.835
S
719,635
1,835,028

558,820
29,656,435
1,150,999
138,854.236

769,648
1,907.917

Other Earnings

373,407

435,267

424,985

451.853

459,448

487,058

576,684

Gro** Earnings

2,461,613

2.557,817

2,675,525

2.853.030

2.821.017

3,041,721

3.254.249

Operating Expenses —

1,996.957

2,123,076

2.252.489

2,183,728

2.325.251

2,328,489

2,298.586

\^t Earnings

464.656

434,741

423,037

669.302

495.7 66

713,232

957,163

Gross Earnings per Mile
Expenses per Mile
Net Earnings per Mile . .
Expenses to Earnings. . .
Rate per Pass, per Mile.
Rate per Ton per Mile*.

Capital Stock

4,681 65
3.797 94
8887]

81. 12 p. c.
2.879 c.
1.610 c.

5.340.300

4,693 24
3,895 55
79769
83. 00 p. c.
2.961 c.
1.630 c.

5.721.100

4,90922
4,13300
77622
84. 19 p. c.
2.928 c.
1.643 c.

s

5.925.900

5.01411
3,837 84
1.17627
76. 54 p. c.
2.947 c.
1.705 c

s

6.161.400

4.957 85
4,08655
87130
82. 43 p. c.
2.887 c.
1.664 c.

6.403.400

5.345 73
4,09225
1.253 48
76. 56 p. c.
2.644 c.
1.877 c.
$
6.597.300

5,723 27
4.042 54
1.680 73
70. 59 p. c.
2.595 c.
1.374 c.

Funded Debt.
Bills and Accounts

4.390,000
408.694
200,236

4.640.000
586,489
109,815

5.856.000
605.047
85.068

6.168.000
538,435
345841

6.790.400
714.881

6.790.400
523.1 78
93,842

6.790.400
389.145
386 682

Total Liabilities....
Construction, etc
Cash and Cash Assets . .

10.339.230
9.936.744

40-2. 4S6

11,057.404
10.600.060
457.344

12.472.015

12.051.875
420.140

13.213.676
12.564.991
648.685

13.908.681
13.097.391
811,290

14.004.720
13,887,700
617,020

14.360,127
13.584,300

Total Assets

10,339,230

11,057,404

12,472.015

13.213.676

13.908.681

14.004.720

14 360 1°7

* Including express earnings. t Year ending June 30 ; all others calendar years.

General Balance Sheet, June 30, 1891.

Cost of Road, Equipment, etc §13,584,300 00

Materials and Fuel on Hand 126,025 36

Betterments, and Stock not yet Issued. . . 79,141 05
Cash and Accounts. . . 570,661 31

Total Assets $14,360,127 72

Capital Stock (par. $100) 86.793,900 00

Funded Debt Outstanding 6,790,400 00

Current Accounts . . 389,145 26

Profit and Loss 386,682 46

Total Liabilities $14,360,127 72

DIVIDENDS -. May 13, 1881 (2 per cent, from operations of S.. F. & W., in 1879, and 7 per
cent, from operations of 1880), 9.V per cent. ; March 31, 1882, 6£ per cent. ; March 15, 1883, 7
per cent. ; March 31, 1884, 4 per cent. ; March, 1887, 1'i per cent. : March 4, 1889, 4 p. c. ; and
March, 1891, 2 p. c.

574 POOR'S MANUAL OF RAILROADS.

Funded debt outstanding consisted, June 30, 1891, of —

itge. (S., F. & W.
Consol. mtge. (A. & G

1st mtge. (S., F. & W. Ry.) 6 per cent. 50-year coup, bonds, due April 1, 1934, int. April and October $4.056,000

Consol. mtge. (A. & G. KR.) 7 per cent. 30-year coup, bonds, due July 1. 1897, int. January and July. . . 1,780,000
1st mtge. (S.. G. & F.) 7 per cent. 30-year coup, bonds, due May 1, 1899, interest May and November. . . 464,000

2d mortgage (S., G. & F.) 7 per cent. 30-year coup, bonds, due May 1, 1899, int. May and November 200,000

1st mortgage (Mont. Ext.) 6 per cent. 10-year coup, bonds, due April 1, 1899, int. April and October 290.400

The 6 per cent, first consolidated mortgage bonds ($6,500,000 authorized) were issued in
exchange for the branch lines bonds, and $2,444,000 are held by trustees to retire all prior
issues. The consolidated mortgage bonds are of the denominations of $500 and $1,000 ; all
others are $1,000.

Annual meeting, first Wednesday in March, at Savannah, Ga. Interest payable at Sav-
annah, Ga., and New York City. Dividends payable at Savannah, Ga. Trustee of (S., F. &
W.) 1st mortgage bonds, Metropolitan Trust Co , N. Y. ; M. K. Jesup, New York, N. Y.,
surviving trustee A. & G. consols.

Directors (elected March 4, 1891).— Henry B. Plant, H. S. Raines, M. J. O'Brien, Henry
San ford, M. K. Jesup, New York, N. Y. ; B. F. Newcomer, Baltimore, Md. ; J. H. Estill,
Savannah, Ga.

HENRY B. PLANT, President No. 12 W. 23d Street, New York, N. Y.

H. S. Haines, Vice- President No. 12 W. 23d Street, New York, N. Y.

Secretary— ~R. B. Smith New York, N. Y. Treasurer— J. Moultrie Lee Savannah, Ga.

Auditor — H. H. McKee Savannah, Ga. Superintendent — R. G. Fleming "

PRINCIPAL OFFICE AND ADDRESS Savannah, Ga.

New York Office. . . .12 W. 23d Street.

SCHOHARIE VALLEY RAILWAY COMPANY,

Line of Road.— Schoharie, N. Y., to Schoharie Junction, N. Y 4.38 miles.

Sidings, etc., 0.6 mile. Gauge, 4 ft. 8i in. Rail (steel, 4 miles), 50, 56, and 65 Ibs.

History. — Organized as Schoharie Valley Railway Co., June 15, 1865. Road opened
October 1, 1866 ; sold under foreclosure April 6, 1874 ; reorganized April 1, 1880.

Rolling Stock. — Locomotive engines, 2. Car— passenger, 1.

Operations for year ending June 30, 1891. — Train mileage (mixed), 10,000 miles. Pas-
sengers carried, 19,558 ; carried one mile, 97,790. Tons freight moved, 13,335 ; moved one
mile, 66,675. Gross earnings — passenger, $4,889.63 ; freight, $7,334.45; mail, express, etc.,
$912.12— total, $13,136.20. Operating expenses, $10,047.81. Net earnings, $3,088.39. Paid
interest, $2,400; taxes, etc., $400.63— total, $2,800.63. Surplus, $287.76.

Financial Statement, June 30, 1891.— Capital stock, $100,000 ; funded debt, 1st mort-
gage 6 per cent, bonds, dated April 1, 1880, due October 1, 1899, interest April and October,
$40,. 000 ; interest due and accrued, $2,400— total, $142,400. Contra: Cost of road, etc.,
$102,718.30 ; cash on hand, $287.76 ; profit and loss, $39,393.94— total, $142,400.

Directors.— David B. Vroman, Jacob Vroman, Lucieu Vroman, C. P. Vroman, Peter
C. Vroman, W. J. Vroman, Medde J. Vroman.

DAVID B. VROMAN. President Schoharie, N. Y.

Peter C. Vroman, Vice- President Scboharie, N. Y.

Secretary— William J. Vroman Schoharie, N. Y. | Treasurer— Lucien Vroman Schoharie, N. Y.

PRINCIPAL OFFICE AND ADDRESS Schoharie, N. Y.

SEABOARD AND ROANOKE RAILROAD COMPANY.

Line of Road.— Portsmouth, Va., to Welden, N. C 79.0—

Branch : Boykins, Va., to N. C. State Line 2.7— 81.7 miles.

Leased : Eoanoke and Tar River RR.: State Line to Lewiston, N. C 32.3 miles.

Total length of all lines operated, June 30, 1891 114.0 miles.

Sidings, 26 miles. Gauge, 4 ft. 9 in. Rail (steel), 60 Ibs.

POOR'S MANUAL — SEABOARD AND ROANOKE RR. CO.

575

History. — A consolidation, February 22, 1849, of the Seaboard and Roanoke RR. Co. of
Virginia and the Roanoke RR. Co. of North Carolina. The road was opened early in 1835,
and rebuilt in 1851. (See MANUAL for 1888, page 646.)

The Company leases the Roauoke and Tar Rirer RR., and has a controlling interest in
the Carolina Central, the Raleigh and Gaston, the Raleigh and Augusta Air-Line, the Pitts-
boro', and the Carthage Railroads. These lines and the Seaboard and Roanoke main line
form what is known as the Seaboard Air-Line, in connection with which is also operated the
fleet of steamers of the Baltimore Steam Packet Co., plying between Baltimore, Norfolk,
Portsmouth, and Old Point Comfort. The Seaboard and Roanoke RR. Co. has also a large
interest in the Old Dominion Steamship Co., whose steamers supply the New York connec-
tion for the Seaboard Air-Line, and in the Georgia, Carolina and Northern Railroad which
is jointly leased to this company and the Raleigh and Gaston RR. Co.

During the fiscal year, 1889-90, a contract was entered into between this company, the
Atlantic and Danville RR. Co., and the city of Portsmouth, for the construction of a union
passenger depot at the foot of High Street, in Portsmouth, on property of this company, and
a double track from a point outside the city to the depot, all expenses to be borne by this
company ; the Atlantic and Danville to enjoy equal use of depot and connecting track, and
to pay a rental equal to 6 per cent, upon one-half the cost and valuation of the property,
besides one-half cost of maintenance.

Rolling Stock, June 30, 1891. — Locomotive engines, 24. Cars — passenger, 17 ; officers',
1 ; baggage, mail, and express, 3 : freight (box, 248 ; platform, 297 ; caboose, 5), 550 ;
service cars, 12 — total cars, 583. Also, 1 steam tug, and 7 transfer barges.

Operations for year ending June 30, 1891.— See tabulated statement below.

Earnings.— Passenger $97,180 34 Expenses.— Trans, and Motive Power...

Freight 628,101 60 i Maintenance of Cars

Mail and Express 15.964 41

Miscellaneous 30,325 74

Maintenance Way & Bldgs..

$229.464 37
72,069 83
105,824 29

General 72,585

Total ($6,803.26 per mile) $771 ,572 09 Total ($4,210.04 per mile) $479,944

Net earnings (37.80 per cent), $291,627.71. Add interest and dividends received, $68,656 ;
other receipts, $8,490.30— total revenue, $368,774.01. Payments: Interest on bonds, $87,-
385 ; rentals, $16,250 ; dividends, $94,203 ; other, $20,401.74— total, $218,239.74. Balance,
surplus, $150,534.27; surplus forward, $1, 468, 838. Ql— total, $1,619,372.89.
Statement of operations for eight fiscal years :

1884*

1885*

1886*

1887*

1888*

1889t

1890t

179,366
192,842
105,978
3,612,394
450,577
28,471,304

681,619
406,352

275,268
90,349

1891t

135,11&
139.208
108,055
3,585,763
476.783
34,309,642

771. 5?>
479,944

Passenger Train Mileage. .
Freight Train Mileage . . .
Passengers Carried
Passenger Mileage
Tons Freight Moved
Tonnage Mileage

49,612
314,890
69,262
3,016,790
332,065
18,263,375

666,526
479,748

49.296
334,723
68,832
2.985,558
294,824
23,585.920
$
644,323
538,827

58,609
325,728
61,362
4,908,960
251,564
20,125,120

590,536
402,160

123,295
212,398
116,507
3.915,568
400,316
26,558,863

680,717
412,416

271,072
77,476

64,097
276,493

98,075
2,699,094
331.286
22,749,094
$
657,813
385,026

Gross Earnings

$

591.924
375,763

Operating Expenses
Net Earnings

186,778

105,496
57,659

188,376
45,231

216,161
948,069

272,787
56,288

291,628
77,146

Other Receipts

Available Revenue
Paid— Interest

186,778

163,191
14,116
138,820

8,05403
6,73534
1,318 69
83. 63 p. c.
2.86 c.
2.17 c.

233,607
14.996
138,640

7,381 70
5,02700
2,804 70
68. 10 p. c.
1.59c.
2.36 c.

1.164,230
33,001
114,420

7,54044
4,787 00
2.75344
63. 48 p. c.

329.075 348,548
58J45 84 347
138.840 130,290

8,22267: 8,33191
4,81283 5;04794
2.409 84 3,283 97
58. 53 p. c. 60. 18 p. c.
3.61 c. 2.66 c.
2.33 c. 2.11 c.

365,617
84,232
130,290

8,342 95
4,973 69
3.369 26
59. 62 p. c.
2.22 c.
1.98c.

368,774
87.385
94,203

6,803 26
4,210 04
2.593 22
62. 20 p. c.
2.71 c.
1.83 c.

Dividends

Gross Earnings per Mile . .
Operating Expenses per M.
Net Earnings per Mile . . .
Expenses to Earnings. . . .
Average per Passenger M .
Average per Ton Mfle

130,220

8,331 58
5,9% 85
2.33473
71. 98 p. c.
2.95 c.
2.89 c.

Year ending February 28.

t Year ending June 30.

Annual meeting, first Tuesday in October, at Portsmouth, Va. ; books close ten days
previously. Dividends payable May and November ; books close ten days previously^

576

POOR S MANUAL OF RAILROADS.

Interest on bonds payable at New York, N. Y., and Baltimore, Md. Voting power attaches
to stock immediately after transfer. Preferred stock is entitled to 7 per cent, guaranteed.
Stock, dividend obligations, and bonds listed on Baltimore Stock Exchange. Registrar of
stock, W. W. Chamberlaine, Portsmouth, Va. Trustee of bonds, Mercantile Trust and
Deposit Co. of Baltimore, Md.

General Balance Sheet, June 30, 1891.

Cost of Road, Equipment, etc $2,806,11)3 64

Stocks and Bonds Owned 1,255,335 59

Materials* and Fuel on Hand 37,930 91

Current Accounts 108,440 46

Bills Receivable 225,489 86

Cash on Hand 47,692 82

Individuals and Companies 4,524 03

Sundries.. 43,521 21

Common Stock (par, $100) $1,058,900 00

Guaranteed Stock (par, $100)

2d Preferred Stock (par, $100)

Dividend Obligations

Funded Debt Outstanding

Accounts Payable

200,000 00

44,000 00

85,500 00

1,490,104 00

31,221 6.3

Profit and Loss 1,619,37

Total Assets $4,529,098 52 Totai;Liabiiities $4,529,098 52

Funded debt consists of $800,000 first mortgage 5 per cent. 40-year $1,000 coupon bonds,
due July, 1926, interest payable January and July ; $690,000 debenture 6 per cent. 30-year
registered bonds, due August, 1916, interest payable February and August ; $104 convertible
loan 7 per cent., due November, 1883, interest payable May and November — total, $1,490,104.

The amount of bonds authorized to be issued under the first mortgage of 1886 is
$2,500,000, the proceeds to be applied to the erection of new shops, for improvements and
additions to the property, and for acquiring interest in other companies when deemed advis-
able and necessary. The debenture bonds were issued by authority of a resolution passed at
the annual meeting in May, 1886, and were issued to holders of stock and dividend obliga-
tions in the nature of a 50 per cent, scrip dividend. After August 1, 1916, they are payable
at will as a whole or in 10 per cent, instalments. This company, in conjunction with the
Raleigh and Qaston RR. Co., guarantees (by endorsement on each bond) principal and interest
of $5,360,000 1st mortgage 5 per cent, bonds of the Georgia, Carolina and Northern Ry. Co.

ROANOKE AND TAB RIVER RAILROAD. -State Line to Lewiston, N. C., 32.3 miles.
Siding *, 2.4 miles. Giuge, 4 ft. 9 in. Rail (steel), 50 Ibs. Chartered March 5, 1885 ; road opened October 1,
1838. Leased to the Seaboard and Roanoke RR. Co. for the term of its corporate existence at an annual renral
of $500 per mile. Rolling stock and operations included in those of lessee, financial Statement, June 30, 1891.
— Capital stock (par, $10J), $5,150 ; funded debt (1st mortgage 6 per cent. 30-year $1,000 coupon bonds, limited in
issue to $8.000 p^r mile, dated April 1, 1837, interest payable April and October). $260,000 ; profit and loss, $2,225
— rotal. $267,375. Contra: Cost of road and real estate, $266,119.40 ; cash on hand. $1,255.60— total, $267,375.
Annual meeting, first Tuesday in October, at, Portsmouth, Va. Interest payable at the National Farmers' and
Planters' Bank, Baltimore, Md. Trustee of bonds, Mercantile Trust and Deposit Co., Baltimore, Md. Registrar
of stock, Secretary of the Company. SEVERN EYRE, President, Eastville, Va. ; W. W. Chamberlaine, Secretary
and Treasurer, Portsmouth, Va. CORPORATE OFFICE, Portsmouth, Va.

Board of Directors, elected October 6, 1891.

Enoch Pratt Baltimore, Md. I Louis McLane Baltimore, Md.

R.C.Hoffman " " | L. R. Watts Portsmouth, V.

JOHN M. ROBINSON, President Baltimore, Md.

R. C. Hoffman, Vice-President Baltimore, Md.

Sec. & Treas.—W. W. Chamberlaine. . .Portsmouth, Va. | Auditor— J. A. Walton Portsmouth, Va

PRINCIPAL OFFICE AND ADDRESS Portsmouth, Va.

Moncure Robinson, Jr. . .Phila., Pa.
R. S. Tucker Raleigh, N. C.

SEA VIEW (ELEVATED) RAILROAD COMPANY.

Line of Road,— Brighton Beach to West Brighton, C. 1 1 mile.

2d track, 1 mile. Sidings, 0.3 mile. Gauge, 4 ft. 8£ in. Rail, 50 Ibs.

History. — Chartered June 4, 1886. Reorganization of the Coney Island Elevated Ry. Co.

Rolling Stock. — Locomotive engines, 7. Cars — passenger, 7.

Operations for year ending June 30, 1891.— Train mileage (passenger), 24,540 miles.
Passengers carried, 284,512. Earnings— passenger, $13,733.23; other, $29.63 -total, $13,-
762.86. Operating expenses,— transportation, $5,056.79 ; motive power, $735.80 ; mainten-
ance cars, $198,85; maintenance way, etc., $2,040.92; general, $2,343,70— total, $10,376.06.

POOR'S MANUAL OF RAILROADS. 577

Net earnings, $3,386.80. Payments: Interest cm bonds, $1,650 ; other, $1,064.70— total, $2,-
714.70. Balance, surplus, $672.10 ; surplus forward, $4,836.04— total, $5,508.14.

Financial Statement, June 30, 1891.— Capital stock (authorized, $250,000 ; par, $50),
$190,752.54 ; funded debt (first mortgage 6 per cent. 20-year coupon bonds, dated January 1,
1887. interest payable January and July, from 1890), $27,500; sundry accounts, $874.57;
profit and loss, $5,508.14— total, $224,635.25. Contra : Cost of road, equipment, real estate,
and buildings, $215,330.45 ; cash on hand, $9,304.80— total, $224,635.25.

Annual meeting, third Tuesday in November, in Brooklyn, N. Y. Trustees of bonds,
A. R. Johnson, Henry F. Cook.

Directors (elected Nor. 17, 1891).— I. M. Bon, Felix Campbell, Joseph Fahys, Jesse
Johnson, H. C. Mangles, A. R. Johnson, James Jourdan, E. L. Langford, H. Von Deilen,
Alonzo Slote, F. A. Schroeder, D. H. Valentine, Brooklyn, N. Y. ; J. L. Morrow, Flat-
bush, N. Y.

F. A. SCHROEDER, President Brooklyn, N. Y.

Treasurer— \. M. Bon Brooklyn, N. Y. | Supt. & Sec.— J. L. Morrow Flatbush, N. Y.

PRINCIPAL OFFICE AND ADDRESS Brooklyn, X. Y.

Stock Transfer Office 178 Water Street, New York, N. Y.

SEATTLE AND NORTHERN RAILWAY COMPANY.

Line of Road. — Anacortes, Wash., to Hamilton, Wash 36.28 miles.

Sidings, etc., 2.41 miles. Gauge, 4 ft. 8± in. Rail (steel), 56 Ibs.

History. — Chartered August, 9, 1888 ; xoad completed 30 miles, in July, 1890, but not
brought into operation until end of November, 1890 ; remaining 6 miles completed January
26, 1891 ; whole line opened February 1, 1891. Earnings reported below cover 30 miles for
about two months and 36 miles for 10 months.

Rolling Stock, November 30, 1891. — Locomotive engines, 2. Cars — passenger, 1 ; com-
bination 1 ; freight (box, 5 ; flat, 20 ; logging trucks 12), 37 — total 39.

Operations tor year ending November 30, 1891. — Traffic statistics not reported. Earn-
ings, passenger, $17,583.14; freight, $21,230.45; mail and express, $3,053.34; other,
$14,356.26— total, $56,223.19. Operating expenses, $34,535.56. Net earnings, $21,687.63.

General Balance Sheet, November 30, 1891.

Construction Account §5,000,000 00 i Capital Stock (Shares $100 each) $5,000.000 00

Anacortes Water Co. Stock (1,000 Shares). 39,526 10 ' Anacortes Townsite Sale.3 320.899 56

Real Estate 131, -584 39 Accounts Payable 50.50169

Accounts Receivable 166,026 61

Oregon Improvement Co 60,225 61

Total Assets ... ... $5,397,362 71

Profit and Loss 25,961 46

Total Liabilities $5,397,362 71

Annual meeting, third Tuesday in May, at Seattle, Washington.

Directors (elected June 11, 1891).— W. H. Starbuck, (J. H. Norman, Jr., New York,
N. Y.; F. H. Prince, Boston, Mass.; C. J. Smith, A. F. Burleigh, J. T. Campion, H. McLellan,
Seattle, Wash.

WILLIAM H. STARBUCK, President New York, N. Y.

C. J. Smith, Vice-President and General Manager Seattle, Wash.

Treasurer— Oregon Imp. Co Seattle, Wash. | Secretary— J. T. Campion Seattle, Waek.

PRINCIPAL OFFICE ^LND ADDRESS Seattle, Wash.

SCHUYLKILL RIVER EAST SIDE RAILROAD COMPANY.

Main Line of Road.— P. & R. Junction, Pa., to Park Junction, Pa. .3.80
Delaware Branch : East Side Schuylkill River, Phila.. to Reed St., Phila. 5.40—9.20 miles.
I track, etc., 7.40 ; sidings, 11.10 miles. Gauge, 4 ft. 8* in. Rail (steel), 67 Ibs.
37

578 POOR'S MANUAL OF RAILROADS.

History.— See MANUAL for 1890, page 320. Operated under contract of November 6,
1885, between tins company, the Baltimore and Ohio, the Baltimore and Philadelphia, and
the Philadelphia and Reading RR. Cos.

Rentals, year ending June 30, 1891, $289,711.21. Paid interest on bonds, $225,000.
Balance, surplus, $64,711.21. Deficit forward, $9,324.74— net surplus, $53,386.47.

Financial Statement, November 30, 1891.— Capital stock, $4,500,000 ; funded debt (1st
mortgage 5 per cent. 50-year coupon $1,000 bonds, due December 1, 1935, interest payable
June and December), $4,500,000 ; profit and loss, $53,386.47— total, $9,053,386.47. Contra ;
Cost of road, $9,000,000 ; current accounts, $53,386.47— total, $9,053.386.47. The bonds are
guaranteed by the Baltimore and Ohio RR. Co.

Annual meeting, first Wednesday after second Tuesday in December, at 2,400 Chestnut
St., Philadelphia, Pa. Trustees of bonds, Penn. Co. for Insurance on Lives and Granting
Annuities, Philadelphia, Pa.

Directors (elected December 16, 1891).— J. B. Washington, Pittsburgh, Pa. ; R. L. Ash.
hurst, J. Vansant Smith, George de B. Keim, Philadelphia, Pa. ; T. M. King, H. T. Douglas,
Baltimore, Md.; John Carroll Walsh, Jerusalem Mills, Md.

THOMAS M. KING, President Baltimore, Md.

Sec. <fe Assl. Treas. — Theo. Frothingham Phila. Pa. j Treasurer — W. H. Ijams Baltimore, Md.

PRINCIPAL OFFICE AND ADDRESS 2400 Chestnut St., Philadelphia, Pa.

SEBASTICOOK AND MOOSEHEAD LAKE RAILROAD COMPANY.

Line of Road. — Hartland, Me., to Greenville, Me 42 miles.

Completed : Pittsfield, Me., to Hartland, Me 8 miles.

Sidings, 0.25 mile. Gauge, 4 ft. 8£ in. Rail (steel, 8 miles), 50 Ibs.

History.— Chartered July 15, 1886. Road opened November 2, 1886.

Rolling1 Stock, June 30, 1891.— Locomotive engine, 1. Cars— passenger, 1 ; baggage,
mail, and express, 1 ; platform, 6 — total, 8.

Operations for year ending June 30, 1891. — Train mileage — passenger, 7,512 ; freight,
7,512; other, 300 — total, 15,324 miles. Passengers carried, 8,109; carried one mile, 62,161.
Tons freight moved, 4,671 ; moved one mile, 37,368. Earnirgs — passenger, $3,158.06 ;
freight, $4,355.96 ; mail, $363.80 ; express, $454.63— total, $8,332.45. Operating expenses,
$7,056.57. Net earnings, $1,275.78. Paid taxes, $18.48— net income, $1,257.30. Surplus
forward, $1,176.55— total, $2,433.85.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $126,000; profit and loss,
$2,433.85 -total, $128,233.85. Contra : Cost of road and equipment, $126,000 ; cash and cur-
rent assets, $2, 433. 85 -total, $128,233.85.

Annual meeting, first Tuesday after July 15, at Hartland, Me.

Directors (elected July 21, 1891).— Thomas Temple, W. Van Wart, Fredericton, N. B.;
A. J. Moore, D. E. Thompson, Hartland, Me.; J 0. Bradbury, Saco, Me.

THOMAS TEMPLE, President Fredericton, N. B.

Secretary and Treas. — D. E. Thompson. .Hartland, Me. | General Manager — L. Iloxie Hartland, Mo.

PRINCIPAL OFFICE AND ADDRESS Hartland, Me.

SENECA FALLS AND CAYTIGA LAKE RAILROAD COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused.)

Line of Road.— Seneca Falls, N. Y. , to Cayuga Lake, N. Y 2.83 miles.

Gauge, 4 ft. 8i in. Rnil (steel, 2.5 miles), 60 Ibs.
History.— Chartered May 24, 1886.

POOR'S MANUAL OF RAILROADS. 579

Rolling Stock, June 30, 1890. — Locomotive engine, 1. Cars — passenger, 3 ; baggage,
mail, and express, 1 — total, 4.

Operations for year ending June 30, 1800. — Train mileage and traffic statistics not
reported. Earnings (passenger), $2,670.48; other, $144.64— total, $2,815.12. Operating
expenses, $2,786.31. Net earnings, $28.81. Deductions from income : Interest on bonds
due and accrued. $2,400 taxes, $89.10— total, $2,489.10. Net deficit for year, $2,460.29.

Financial Statement, June 30, 1890.— Capital stock (par, $100), $40,000 ; funded debt
(1st mortgage 6 per cent. 20-year bonds, dated January 1, 1887. interest January and July,
$40,000 ; 2d mortgage bonds, dated January 1, 1889, $10,000), $50,000; accrued interest on
bonds, $3,690 : open accounts, $300— total, $93,990. Contra : Cost of road and equipment,
$81,200; cash on hand, $228.50 : open accounts, $297.98; profit and lose, $12,263.52.

Annual meeting, third Wednesday in May.

A. W. DIETER, President and Treasurer Seneca Falls, N. Y.

PRINCIPAL OFFICE Seneca Falls, N. Y.

SHARPSVILLE RAILROAD COMPANY.

Line of Road. — Sharp^ville, Pa., to Wilmington Junction 17.00

Branches to Mines, etc 3.53—20.53 miles.

Sidings, etc., 2 miles. Gauge, 4 ft. 81 in. Rail— iron, 56 ; steel (3.53 miles), 56 and 60 Iba.

History.— Organized March 25, 1876. Road opened in 1877. Toward the close of 1884
the B. & 0. RR. Co. purchased a controlling interest in this company.

Rolling* Stock. — Locomotive engines, 4. Cars — combination, 1; flat, 6 ; coal, 1 — total, 8.

Operations for year ending June 30, 1891.— Train mileage (mixed), 21,280 miles. Pas
sengers carried, 8,382 ; carried one mile, 55,108 ; average mile rate, 5.40 cents. Tons freight
moved, 73,301; moved one mile, 1,030,087; average ton-mile rate, 1.40 cents. Earnings —
passenger, $2,975.84; freight, $14,397.28; other, 5,657.75— total, $23,030.87. Operating
expenses, $21,544.88. Net earnings, $1,485.99. Add rentals, $160— total revenue, $1.645.99.
Total payments (details not reported), $14,851.70. Balance, deficit, $13,205.71. Surplus
forward, $16,048.05— net surplus, $2,842.34.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $350,000; current ac-
counts, $115.493.27; profit and loss, $2,842.34— total, $468,335.61. Contra: Cost of road,
$423,340.24 ; equipment, $26,856.19 ; cash and current assets, $12,573.60 ; current accounts,
$3,061.80; sundries, $2,503.78— total, $468,335.61.

Annual meeting, second Monday in January, at Pittsburgh, Pa. Voting power attaches
to 60 days' ownership of stock.

Directors. — J. B. Washington (ex-officio), T. D. Messier, Johns McCleave, E. B. Taylor,
J. B. Caven, Pittsburgh, Pa.; C. K. Lord, Baltimore, Md.; J. J. Pierce, Sharpsville, Pa.

J. V. PATTON, President and General Manager Pittsburgh, Pa.

J. B. Washington, V.ice- President and Treasurer Pittsburgh. Pa.

Secretary— S. K. Harris Pittsburgh, Pa. j Audit jr— W. L. Washington Pittsburgh, Pa.

PRINCIPAL OFFICE AND ADDRESS Pittsburgh, Pa.

SHEPAUG, LITCHFIELD AND NORTHERN RAILROAD COMPANY.

Line of Road.— Litchfield, Ct. , to Hawleyville, Ct 32.28 mi Ie*.

Sidings, 3.48 miles. Gauge, 4 ft. 8* in. Rail (steel, 25.97 miles), 56 and 70 Ibs.

History. — This company was organized in May, 1887, under a charter granted February
18, 1887, to the holders of first mortgage bonds ($400,000) of the old Shepaug Valley RR. Co.,
interest on which had been in default since October 1, 1876. (See MANUAL for 1888.)

Rolling Stock, June 30, 1891. — Locomotive engines, 4. Cars — passenger, 3 ; combina
tion, 2 ; baggage, etc., 1 ; freight (box, 4 ; platform, 39 ; caboose, 1), 44— total cars, 50. ^*

580 POOR'S MANUAL OF RAILROADS.

Operations for year ending June 30, 1891. — Train mileage — passenger, 31,275 ; freight,
10,861 ; mixed, 16,888; other, 770— total, 59,794 miles. Passengers carried, 24,876 ; carried
one mile, 498,373; average mile rate, 3.89 cents. Tons freight moved, 40,711 ; moved one
mile, 766,871 ; average ton-mile rate, 5.20 cents.

Earnings.— Passenger $19,418 18

Freight 39,889 92

Mail and Express 3,910 48

Telegraph 11774

Total ($1.962.09 per mile) ; . . .$63,336 32

Expenses.— Transportation $21,020 14

Motive Power and Cars 4,476 68

Maintenance Way & Buildings . . 17,299 67
General ... . 13.185 07

Total ($1,734.25 per mile) $55,981 56

Net earnings (11.61 per cent.), $7,354.76 ; add for rents and telegraph, $137.50 — total
available revenue, $7,492.26. Payments : Interest on debt, $43.50 ; taxes, $719.40— total,
$762.90. Surplus, $6,729.36. Surplus from 1890, $39,286.68— total surplus, $46,016.04.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $600,000 ; current accounts,
$6,266.10 ; wages and salaries, $2,657.45 ; traffic balances, $1,053.95 ; profit and loss, $46,-
016.04— total, $655,993.54. Contra: Cost of road, real estate, and buildings, $595,803.99;
rolling stock, $45,615.12 ; current accounts, $8,098.09 ; cash on hand, $6,476.34— total, $655,-
993.54.

Directors.— J. L. Macaulay, E. V. Cary, W. H. Starbuck, New York, N. Y.; W. H.
Stevenson, Bridgeport, Ct. ; S. E. Merwin, New Haven, Ct. ; J. Deming Perkins, Litchfield,
Ct.; Alex. McNeill, P. P. Hubbard, Litchfield, Ct.; F. H. Prince, Boston, Mass.

J. L. MACAULAY, President New York, N. Y.

W. H. Stevenson, Vice-President Bridgeport, Ct.

Treasurer— P. P. Hubbard Litchfield, Ct. | Secretary— 'E. V. Cary New York, N. Y.

Superintendent — Alex. McNeill Litchflcld, Ct.

PRINCIPAL OFFICE AND ADDRESS Litchfield, Ct.

SIERRA VALLEY AND MOHAWK VALLEY RAILROAD COMPANY.

Line of Road Projected. — Moran Junction, Cal., to Mohawk, Cal 41.50 miles.

Completed : Moran Junction, Cal., to 15th mile post 15.00 miles.

Gauge, 3 ft. Rail (steel), 35 Ibs. per yar.d.

History. — Chartered October 1, 1885. This road is being built in connection with and is
controlled by the California Land and Timber Co. Grading is completed to the 30th mile
post. Road sold under foreclosure in 1889, and bought by a committee of the bondholders.

Financial Statement. — Capital stock (par, $100) authorized, $1,000,000. No bonds.
Contra: Cost of road, etc., to date, $241,348.21.

Annual meeting, first Monday in October. Trustee of bonds, Farmers' Loan and Trust
Co., New York, N. Y.

Directors.— James T. Boyd, Chas. Kohler, Jacob Goldberg, R. D. Perry, San Francisco,
Cal. ; John McDonald, New York, N. Y.

JAMES T. BOYD, President San Francisco, Cal.

Vice- President— Chas. Kohler San Francisco, Cal. | Secretary and Treasurer— R. D. Perry. . .Mohawk, Cal.

PRINCIPAL OFFICE AND ADDRESS 401 California St., San Francisco, Cal.

SILVER LAKE RAILWAY COMPANY.

Line of Road.— Perry, N. Y., to Silver Springs, N. Y 6.86 miles

Sidings, 0.75 mile. Gauge, 4 ft. 8£ in. Rail (steel), 56 to 60 Ibs.

History. — For history, see MANUAL for 1888, page 314.

Rolling Stock, June 30, 1891.— Locomotive engine, 1. Cars— passenger, 2; baggage,
mail, and express, 1 ; freight (box, 20 ; coal, 500), 520— total cars, 523. Of this equipment,
20 box and 500 coal cars were acquired through car trust.

Operations for year ending June 30, 1891.— Train mileage (mixed), 21,470 miles. Pas-

POOR'S MANUAL OF RAILROADS. 581

sengers carried, 34.231 ; carried one mile, 147,194 ; average mile rate, 5.59 cents. Tons
freight moved, 56,284 ; moved one mile, 298,542 ; average ton-mile rate, 4.32 cents.

Earnings.— Passenger $8,223 64 i Expenses.— Transportation . . . .• S",03S 03

Freight 12,887 -,'5 Motive Power and Cars 2,21012

Maintenance Way and Buildings. 4,651 46

Mail 349 52

Express 366 27

Total (.$3,181.44 per mile) $21.S36 68

General 2,784 36

Total ($2,432.07 per mile) $16,683 97

Net earnings (23.56 per cent.), $5,142.71. Add other receipts, $35,145.51— total revenue,
$40.288.22. Payments: Interest on bonds. $11,224.84; on debt, $833.14; taxes, $757.33—
total, $12.815.31. Surplus, $27,472.91; surplus forward, $34,321.79— total, $61,794.70.

Financial Statement, June 30, 1891.— Capital stock (authorized, $500,000), $60,000 ;
funded debt, $190,900 ; bills payable, $20,201.62 ; current accounts, $2,375.54 ; interest due
and accrued, $3,354.25 ; profit and loss, $61,794.70— total, $338.626.11. Contra : Cost of road,
$135.991.13; coat of rolling* stock, $195,579.80; materials and fuel on hand, $452.97; cur-
rent accounts, $5,723.02 ; cash on hand, $879.19— total, $338.626. 11.

Funded debt consists of $68,000 1st mortgage 6 per cent. 10-year bonds, dated June 1,
1886, interest payable June and December ; $14,000 car trust bonds dated Sepember 11, 1888,
principal and interest due monthly (authorized, $30,000); $45,900 car trust bonds dated
August 15. 1889, principal and interest due quarterly, and $63.000 car trust bonds dated
October 1. 1890, principal and interest due semi-annual ly. The car trust bonds of 1888 -are
secured by mortgage on 100 gondola cars and those of 1889 and 1890 by mortgage on 200
gondola cars.

Annual meeting, second Tuesday in January, at Rochester, X. Y. Registrar of stock.
Charles H. Blakeslee.

Directors (elected January 13. 1891).— Arthur G. Yates. H. H. Warner. F. W. Yates,
C. C. Hicks, W. L. Kingman. Charles H. Blakeslee. Earl B. Putnam, Geo. E. Merchant,
Harry Yates, Rochester. X. Y. ; W. L. Kingman, New York, N. Y. ; Richard T. Tuttle,
Henry X. Page, Milo H. Olin. C. W. G. Xobles.. Perry, N. Y.

ARTHUR G. YATES. President Rochester, N. Y.

Tice-Pres. d- Treat.— H.. H. Warner. . .Rochester, N. Y. | Secretary— Charles H. Blakeslee Rochester. N. Y.

PRINCIPAL OFFICE AND ADDRESS Rochester, X. Y.

SILVER SPRINGS, OCALA AND GULF RAILROAD COMPANY.

Line of Road Projected.— Palatka, Fla., to Point Pinellas, Fla 240.00 miles.

(Ocala, Fla., to Homosassa, Fla 48.33

Completed : - Dnnellon to Inverness 18.00

f Spurs to Phosphate Mines 9.15 — 75.48 miles.

Sidings, 2.59 miles. Gauge. 4 ft. 8i in. Rail (steel), 56 Ibs.

History.— Chartered May 1, 1877 ; road completed and in operation May 1, 1888, from
Ocala to Duuellon, F!a., a distance of 26 miles ; extended to Homosassa, on the Gulf of
Mexico, in December, 1888. Extended from Dunellon to Inverness in 1891. The company
has a land grant of about 2.400,000 acres, of which 355,000 acres have already been conveyed
and certified to the company.

Rolling Stock. — Locomotive engines, 4. Cars — passenger, 8 ; freight (box, 10 ; platform,
15), 25— total cars, 33.

Operations. — Xot reported.

Financial Statement.— Capital stock authorized (par, $100), $2,500,000 ; issued $1,500,-
000 ; preferred (5. p. c.)stock authorized, $500, 000; funded debt, 1st mortgage 6 per cent. 30-year
gold bonds, due July 1, 1918, interest payable January and July, at the Xew York office, 56
Wall Street, and in London, Eng. The authorized issue of bonds is $3,000,000, or £600,000 :
outstanding, $1,000,000; limited to the extent of $15,000 per mile of completed road. Both
principal and interest payable in gold.

The bonds are secured on the entire road and equipment, and on the laud grant to the

582 POOR'S MANUAL OF RAILROADS.

extent of 4,000 acres per mile. The proceeds of land sales will be applied to the creation of
sinking fund for the retirement of the bonds. Trustees, S. Van Rensselaer Cruger and
William Man, New York, N. Y.

Directors.— Thomas C. Hoge, J. Baxter Upham, James T. Van Rensselaer, S. V. R.
Cruger, Wm. M. V. Hoffman, Robert B. Upham, New York, N.Y.; E. W. Agnew, R. A. Bur-
ford, Ocala, Fla.

THOMAS C. B.OGE. President New York, N. Y.

S. V. R. Cruger, Vice- President New York, N. Y.

Secretary— Robert B. Upham New York, N. Y. . | General Manager— A. P. Man, Jr Ocala, Fla.

Treasurer— J. B. Upham New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Ocala, Fla.

New York Office 56 Wall Street.

SILVERTON RAILROAD COMPANY.

Main Line of Road Projected.— Silverton, Col., to Ouray, Col 26.60 miles*

Branch Projected : Silverton, Col., to Mineral Point, Col 19.00 miles

Completed : Silverton, Col., to north end of Red Mountain Park 21.50 miles.

Sidings, 3.5 miles. Gauge, 3 ft. Rail (steel), 40 Ibs.

History. — Chartered July 8, 1887 ; road opened as above in 1889. This road is being
built to accommodate the passenger traffic through the mining district and the carrying of
ores from the different mines.

Rolling Stock. — Locomotive engines, 3. Cars — passenger, 2; baggage, etc., 2; freight,.
50 ; flanger, 1 — total cars, 55.

Financial Statement.— Capital stock (par, $100), $350,000 ; funded debt, 1st mortgage
6 per cent. 20-year $1,000 gold coupon and registered bonds, dated October 1, 1888, interest
April and October, at New York, N. Y. (authorized, $1,000,000). $425,000— total stock and
bonds, $775,000.

Annual meeting, second Tuesday in July, at Denver, Col. Books close ten days pre-
viously. Trustee of bonds, William S. Jackson, M. D. Thatcher.

Directors. — Otto Mears, John L. McNeil, Denver, Col. ; George Crawford, Pittsburgh,
Pa.; Moses Liverman, Silverton, Col. ; John A. Porter, Adair Wilson, Durango, Col. ; J. H. E.
Waters, Telluride, Col.

OTTO MEARS, President Denver, Col.

John A. Porter, 1st Vice- President Durango, Col.

O. P. Posey, 2d Vice- President Whitewater, Wis.

den. Man. and Sec.— Moses Liverman Silverton, Col. | Treasurer— John L. McNeil Denver, Col.

PRINCIPAL OFFICE AND ADDRESS Denver, Col.

SINNEMAHONING RAILROAD COMPANY.

Line of Road.— Keating Summit to Costello, Pa 12.23 miles.

Gauge, 4 ft. 9 in. Rail (steel), 70 Ibs.

History.— Chartered May 8, 1885. Road opened December 14, 1885.

Rolling Stock, June 30, 1891. — Locomotive engines, 10. Cars— passenger, 1 ; baggage,,
etc., 1 ; freight (platform), 150 — total cars, 152. The freiyht cars are leased.

Operations for year ending June 30, 1891. — Train mileage (mixed), 22,536 miles. Pas-
sengers carried, 19,124 ; carried one mile, 172,116 ; average mile rate, 5 cents. Tons freight
moved, 233,677 ; moved one mile, 2,857,869 ; average ton-mile rate, 3.67 cents. Earnings —
passenger, $8,605.76 ; freight, $104,723.99 ; mail, $380.78 ; express, $1,309.08 ; other, $88.25
— total, $115,107.86. Expenses — transportation, $27.980.25 ; motive power and cars, $15,
640.34; maintenance of way, $20,000.63; general, $50,475.63— total, $114.096.85. Net.
earnings, $1,011.01. Paid taxes, $1,042.19. Balance, deficit, $31.18.

POOR'S MANUAL OF RAILROADS. 583

Financial Statement.— Capital stock (par, $100), $90,000, representing cost of road.
Annual meeting, in January, at Austin, Pa.

Directors (elected January 12, 1891).— F. H. Goodyear, C. W. Goodyear, Austin, Pa.
J. L. Craven, Emporium. Pa. ; N. N. Metcalf, Austin, Pa.; H. A. A very, Forest House, Pa.;
W. I. Lewis, Coudersport, Pa.; M. M. Griffin, Wrights, Pa.

FRANK H. GOODYEAR, President Austin Pa.

C. W. Goodyear, Vice-President and General Manager Austin, Pa.

Stcretary—TS. N. Metcalf Austin, Pa. | Treat, and And.— E. O.Cheney Buffalo, N. Y.

PRINCIPAL OFFICE AND ADDRESS . . Austin, Pa.

SIOUX CITY AND NORTHERN RAILROAD COMPANY.

Line of Road.— Sioux City, la., to Garretson, S. D 96.CO

Leased : S. C. Terminal RR. : In Sioux City, la 1.28—97.28 miles.

Sidings, (owned, 13.25 ; leased, 10.3) 23.55 miles. Gauge, 4 ft, 8£ in. Rail (all steel), 60 Ibs

History.— Chartered October 3, 1887, and road opened January 27, 1890. At Garretson
connection is made with the Great Northern, with which there is a traffic contract for 30 years.

Rolling: Stock, December 31, 1891.— Locomotive engines, 12. Cars— passenger, 6 ; bag-
gage, 3 ; freight (box, 220 ; stock, 100 ; refrigerator, 50 ; platform, 100). 470 ; caboose, 5 ;
other, 2 — total cars, 486.

Operations for year ending Jun« 30, 1891. — Train mileage— passenger, 145,583 ; freight,
128,816 ; other, 4 894— total, 279,293 miles. Passengers carried, 48,467 ; carried one mile,
1,570,304. Tons freight moved, 263,639 ; moved one mile, 19,826,522. Earnings— passenger,
$34.914.48 ; freight, $358,660.75 : express, $639.54; mail, $6,170.06 ; other, $7,679.19— total,
$408,0(54.02. Expenses— transportation, $134,214.48 ; motive power and cars, $34,214.05 ;
maintenance of way, $32,482.62 ; general, $40,011.11— total, $240,922.26. Net earning-,
$167,141.76. Paid interest on bond^, $96,000 ; other, $1,279.07— total, $97,279.07. Surplus,
$69.862.69 : surplus forward, $7,888.12— total, $77.750.81.

Financial Statement, June 30, 1891. —Capital stock, $1,440,000 ; funded debt (1st mort-
gage 5 per cent. 30-year $1,000 coupon bonds, due January 1, 1920, interest January and Julyj,
$1,920,000 ; current accounts,. $37,682.81 ; other liabilities, $25,781.45 : profit and loss, $77,-
750.81— total, $3,501,215.07. Cost of road and equipment, $3,360,000; materials and fuel,
$29,426.80; current accounts, $90,466.97; cash, $21.321.30— Jutal, $3,501,215.07.

The bonds are authorized at the rate of $20,000 per mile of main track between Sioux
City and Garretson, and $16,000 per mile for branch lines. Stock authorized, $10,000,000.

Annual meeting, second Monday in May, at Sioux City, la. Interest payable at the office
of the trustee, the Manhattan Trust Co., New York.

Directors (elected May 13, 1891).— Term expires in 1892— James P. Wai, A. S. Garret-
son, D. T. Hedges ; term expires in 1893— C. L. Wright, F. C. Hills, James E. Booge ; term
expires in 1894— Ed. Haakinson, John Hornick, (vacancy) all of Sioux City, la.

F. C. HILLS, President and Gen. Manager Sioux City, la.

James E. Booge, Vice-President Sioux City, la.

Treasurer— A. S. Garretson Sioux City, la. | Secretary and Asst. Treat.— V. S. Elliott. Sioux Citj, la.

LOCATION OF PRINCIPAL AND TRANSFER OFFICES Sioux City, la.

SIOUX FALLS TERMINAL RAILROAD COMPANY.

Line of Road.— Sioux Falls, So. Dak., to South Sioux Falls 7.01 miles.

Sidings, 2 miles. Gauge, 4 ft. 8£ in. Rail (steel) 60 Ibs.

History. — The South Sioux Falls Ry. and Rapid Transit Company was organized Decem-
ber 17, 1888, to construct a road of about 20 miles in length, from a point in the city of
Sioux Falls to South Sioux Falls, crossing the tracks of all railroads entering that city — thus
forming a belt line around Sioux Falls, So. Dak., and running through the counties o/Minne-
haha and Lincoln. Name changed to above title and road opened in 1890.

584 POOR'S MANUAL OF RAILROADS.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; freight (box, 1 ; platform,
9), 10— total cars, 12.

Operations for year ending June 30, 1891. — Train mileage, passenger, and freight statis-
tics not reported. Earnings— passenger, $1,957.90 ; freight, $3,890.08— total, $5,847.08.
Operating expenses, etc., not reported.

Financial Statement, June 30, 1891.— Capital stock, $300,000.

Directors.— Richard F. Pettigrew, Samuel L. Tate, C. G. Ferguson, D. P. Beech, L. F.
Demming, Sioux Falls, So. Dakota.

R. F. PETTIGREW, President Sioux Falls, So. Dak.

F.-P., T. &G. M.— Samuel L. Tate. Sioux Falls, So. Dak. | Secretary— C. G. Ferguson Sioux Falls, So. Dak.

PRINCIPAL OFFICE AND ADDRESS Sioux Falls, So. Dak.

SKANEATELES RAILROAD COMPANY,

Line of Road.— Junction (N. Y. C. & H. R. RR.) to Skaneateles, N. Y. . . 5 miles.

Sidings, etc., 1 mile. Gauge, 4 ft. 8£ in. Rail (steel, 5 miles), 56 Ibs.

History.— Chartered April 17, 1866 ; road opened October 1, 1867.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 2 ; baggage,
etc., 2 ; freight (box, 2 ; flat, 1 ; caboose, 1), 4— total cars, 8.

Operations for year ending June 30, 1891. — Train mileage — (mixed), 17,376 miles. Pas-
seng^rs carried, 37,197 ; carded one mile, 167,386 ; average mile rate, 5.14 cents. Tons
freight moved, 45,924 ; moved one mile, 144,670 ; average ton-mile rate, 13.25 cents. Earn-
ings—passenger, $8,606.70 ; freight, $19,164.94 ; mail, $230.28 ; express, $1,136.12 ; other,
$1,519.21— total, $30,657.25. Operating expenses— transportation, $13,419.48 ; motive power
and cars, $4,981.27 ; general, $2,700— total, $21,100.75. Net earnings, $7,938.63. Payments :
Interest on debt, $684 ; dividends (4 per cent.), $3,112 ; taxes, $834.56— total, $4,630.56.
Balance, surplus, $3,308.07. Surplus forward, $15,778.55— total, $19,086 62.

This company has paid dividends as follows : In 1879 a dividend of 1 per cent. ; in the
years from 1880 to 1887 inclusive a dividend of 2 per cent, each ; in 1888, 1889, 1890, and
1891 , 4 per cent, each — all cash.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $77,800 ; funded debt,
1st mortgage 6 per cent. 30 year bonds, dated July 1, 1879, interest payable January and
July, $20,000 ; interest due and accrued, $500 ; bonds paid and cancelled, $10,000 ; profit and
loss, $19,086.62— total, $127,386.62. Contra: Construction, $66,574.44; equipment, $41,-
725.56; cash, $19,086.62— total, $127,386.62.

Annual meeting, fourth Saturday in October, at Skaneateles, N. Y. Books close 10 days
before annual meeting, and the same length of time before dividend payment. Voting power
attaches to stock after twenty days' ownership. Capital stock authorized, $100,000. Divi-
dends payable yearly in November, at Skaneateles, N. Y. Trustees of bonds, John H.
Gregory and Julius H. Earll.

Directors (elected October 24, 1891).— John E. Waller, H. C. Sherman, JolmH. Gregory,
Joab L. Clift, Lewis B. Fitch, Frederick Roosevelt, John McNamara, Skaneateles, N. Y.

JOHN E. WALLER, President Skaneateles, N. Y.

Hiram C. Sherman, Vice-P resident Motviile, N. Y .

Treas.,Mffr.,Aud.,etc.— J. McNamara. Skaneateles, N.Y. \ Secretary— George Barlow. Skaneateles, N. Y.

PRINCIPAL OFFICE AND ADDRESS.. ..Skaneateles, N. Y.

SLATE RUN RAILROAD COMPANY.

Line of Road.— Slate Run, Pa., to North Bend, Pa 15 miles.

Gauge, 3 ft. Rail (steel), 30 Ibs.

History.— Chartered December 17, 1885 ; road opened in July, 1886.

POOR'S MANUAL OF RAILROADS. 585

Rolling' Stock. — Locomotive engines, 2. Platform cars, 56.

Operations for year ending June 30, 1891. — Train mileage (freight), 31,690 miles. Tons
freight moved, 64,730 ; moved one mile, 841,490 ; average ton-mile rate, 3.44 cents. Freight
earning?, $28,945.83. Operating expenses — transportation, $10,539.42 ; motive power and
cars, $7,289.46; maintenance of way, etc., $5,882.98— total, $'23,711.86. Net earnings, $5,-
233.97. Paid taxes, $551.26. Balacce, surplus, $4,682.71 ; deficit forward, $2,412.31— net
surplus, $2,270.40.

Financial Statement, June 30, 1891.— Capital stock (authorized, $160,000), $81,000 ;
current accounts, $9,301.55 ; profit and loss, $2,270.40— total, $92,571.95. Contra; Cost of
road, $65,757.31 ; rolling stock, $15,242.69 ; other property and assets, $11,571.95.

Annual meeting, in December, at Montrose, Pa.

Directors.— James B. Weed, William S. Hill, Binghamton, X. Y. ; William H. Jessup,
H. C. Jessup, Wm. H. Jessup, Jr., George S. Jessup, Horace E. Hand, Scranton, Pa.

JAMES B. WEED, President Binghamton, N. Y.

Secretary— William S. Hill Binghamton, N. Y. | Treasurer— F. M. Weed Binghamton, X. Y.

PRINCIPAL OFFICE AND ADDRESS Montrose, Pa.

Stock Transfer Office Binghamton, N. Y.

SOMERSET RAILWAY COMPANY.

Line of Road. — Oakland, Me., to Bingbam, Me 41.06 miles.

Dodler Br., 1 mile. Sidings, 2.73 miles. Gauge, 4 ft. 8| in. Rail (steel, 20 m.) 50 and 56 Ibs.

History; — Chartered May, 1870 ; road opened to North Anson, 25 miles, January 26,
1874. Company reorganized in 1883 (see MANUAL for 1888, page 82). In August, 1887. the
directors voted to issue $225,000 bonds to build an extension from North Anson to Bingham,
16.75 miles. In 1888 $100,000 of these bonds were sold, and the proceeds applied to the
construction of the extension to Solon, which was completed in 1889. Extension from Solon
to Bingham, 7.20 milea, built in 1890.

Rolling Stock (owned}. — Locomotive engines, 4. Cars — passenger, 3 ; baggage, etc., 2 ;
freight (box, 3 ; flat, 5), 8 ; other, 1 — total cars, 14. The company also leases 17 cars.

Operations for year ending June30,1891. — Trains run— passenger, 41,876 ; freight, 24,-
630 ; other, 13,729— total, 80, 235 miles. Passengers carried, 32,675 ; carried one mile, 700,492 ;
average mile rate, 3.85 cents. Tons freight moved, 43,899 ; moved one mile, 1,011,437 ;
average ton mile rate, 3.9 cents. Earnings— passenger, $26,994.83 ; freight, $40,219.52 ;
mail and express, $3,481.53; other, $176.81— total, $70,872.69. Expenses, §44,527.11. Net
earnings, $26,345.58. Paid interest on bonds, $11,875 ; taxes, $347.32— total, $17,222.32.
Surplus, $9,123.26 ; surplus forward, $33,374.82— total surplus, $42,498.08.

Financial Statement, June 30, 1891.— Capital stock, $736,648.76 ; sundry accounts,
$69,276.94 ; accrued interest, $5,625 ; mortgage payable, $225,000 ; profit and loss, $42,-
498.08— total, $1,073,423.78. Contra: Construction, $1,039,062.47; equipment, $20,965;
material and supplies, $13,396.31— total, $1,073,423.78.

Funded debt consists of $225,000 1st mortgage 5 per cent. 30-year bonds, dated July,
1887, due 1917, interest January and July.

Annual meeting, second Wednesday of September.

Directors (elected December 9, 1891).— John Ayer, W. M. Ayer, Oakland, Me.; Andrew
J. Libby, Embden, Me ; B. P. J. Weston, Madison, Me.; R. W. Dunn, W. M. Dunn, E. F.
Webb, Waterville, Me. ; Omar Clark, Carratunk, Me. ; Stanton Day, Boston, Mass. ; Thomas
Flint, San Juan, Cal. ; Francis W. Hill, Exeter, Me.

JOHN AYER, President Oakland, Me.

Clerk and Treas.—L R. Small Oakland, Me. | Auditor— Isaac S. Bangs Waterville. Me.

PRINCIPAL OFFICE AND ADDRESS Oakland, Me.

586 POOR'S MANUAL OF RAILROADS.

SOMERSET COUNTY RAILROAD COMPANY.

Line of Road. — Schweibinz Station to Schweibinz Mill, Somerset Co., Pa. 8 7

Branch: Schweibinz Mill to Stoue Quarry 0.2 — 8.9 miles.

Sidings, 1 mile. Gauge, 3 ft. Rail (iron), 60 Ibs.

History. — Chartered October 7, 1884 ; road opened in May, 1885. Connects with the
Baltimore and Ohio RR. at Schweibinz Junction.

Rolling Stock. — Locomotive engine, 1. Cars — freight, 8-wh., 8.

Operations for year ending June 30, 1891.— Train mileage— not reported. Tons freight
moved, 5,224. Earnings (freight), $5,563.35. Operating expenses, $5,996.16. Loss from
operations, $432.81.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $68,300 ; funded debt (6
per cent, bonds), $6,000 — total, $74,300, representing cost of road and equipment.

Directors. — Frank Schweibinz, Frank Schwartz, Pius Schweibinz, East Mauch Chunk,
Pa.; Joseph Heinen, Mauch Chunk, Pa.; John Shabo, Shamokin, Pa.; Joseph Shafer, Mauch
Chunk, Pa.

MAX SCHWEIBINZ, President Confluence, Pa.

Sec. and Treas.—P. H. Schweibinz Confluence, Pa. ] Superintendent— Jos. Heinen Mauch Chunk, Pa.

PRINCIPAL OFFICE AND ADDRESS.. ..Confluence, Pa.

SOUTH CAROLINA RAILWAY COMPANY.

Main Line of Road. — Charleston, S. C., to Augusta, Ga 137 miles.

Columbia Division : Branch ville to Columbia, S. C 68

Camden Branch : Kingsviile to Camden, S. C 38

Lamb's Branch : 10 m. 10 Mile Hill 3—109 miles.

Leased • \ ^<aro^na Cumberland Gap & Chicago Ry. : Aiken, S. C. , to Edgefield, S. C . . 24 miles.
/ Columbia Newberry & Laurens Ry.: Columbia to Clinton, S. C 65 miles

Total length of lines operated June 30, 1891 77335 miles.

2d track, 5.9 ; sidings, 49 miles. Gauge, 4 ft. 9 in. Rail (steel, 296.50 miles), 56 Ibs.

History. — Consolidation December 19, 1843, of the South Carolina L/anal and RR. Co.
(Chartered December 19,1827), and the Louisville, Cincinnati and Charleston, RR. Co. (char-
tered December 19, 1835). (See MANUAL for 1890.) The expense of rebuilding the road
after the war, together with the accumulation of its liabilities, necessitated a heavy floating
debt, the pressure of which forced it to default in 1878 ; and in October of that year it was
placed in the hands of a receiver, sold under foreclosure July 28, 1881, and reorganized
November 1, 1881, under present tide. On January 2, 1889, default was made in interest,
on second mortp-a^e bonds and a receiver appointed in October, 1889. In January, 1891,
receiver paid to date interest on all bonds having a lien prior to that of first consols., and in
September, 1891 he was authorized to pay the coupons due October 1, 1890, on the first
consols. A plan for the reorganization of the company is under consideration.

During the past fiscal year this company leased the Carolina, Cumberland Gap and
Chicago and the Columbia, Newberry and Laurens Rys. For terms of lease see statements
of these companies.

Rolling Stock. — June 30, 1891. — Locomotive engines, 52. Cars — passenger, 41 ; bag-
gage, mail, and express, 9 ; freight (box, 767 ; platform, 86 ; stock, 14 ; coal, 50 ; caboose,
25), 942 ; other cars, 266 — total cars, 1,258. Also 300 box cars acquired through lease.

Operations for year ending June 30, 1891. — Train mileage— passenger, 637,401 ; freight,
413,415 ; mixed, 137,805 ; other, 588,053— total, 1,776,674 mile.-. Passengers carried, 540,775;
carried one mile, 25,052,192 ; average mile rate, 1.83 cents. Tons freight moved, 742,753 ;
moved one mile, 74,259,265 ; average ton-mile rate, 1,67 cents.

Earnings.— Passenger $420,400 64

Freight 1,240,257 SI

Mail and Express 53.208 55

Miscellaneous... 7,99226

Expenses.— Transportation $601,636 55

Motive Power and Cars 153,476 57

Maintenance Way & Buildings 257,618 73

General... 122,440 52

Total ($5,139.87 per mile) $1,721,859 26 | Total ($3,388.57 per mile) $1,135,172 37

POOR'S MANUAL — SOUTH CAROLINA RY. CO.

587

Net earnings (34.07 per cent.) $586,686.89. Paid interest on bonds, $296,146.74; rentals
leased lines, $45,475.78.

Statement for operations, etc., for nine years :

1883

1884

1885

1886

1887

1888 ; 1889*

1890*

1891*

Pass. Train Miles

340,984

392,970

392,029

406,345

465.345

i
509.752 5-.K51-2

557,788

637.401

Freight Train M.

•T6

627,060
218,676

544.D63
273.655

554,930
248,541

573,447
252,142

630,057
858,481

630,945| 605,754
286.366J 295.025

373.028
334,139

413,415
540,775

Tonnage

377,409

390, ?57

377,850

385,999

469,548

511,382 548.907

655,615

742,753

S

$

$

$

S

8 $

$

$

Passenger Traffic
Freight Traffic . .

302,292
967,742

279,769
893,859

279,144
815,975

284,205
781,181

282,316
872,715

300.305 311.738
896.438J 915,071

343.387
993,908

420,401
1.240.258

Mails, etc

55,935

59,664

56,72->

54,674

62,361

72,288 52,882

83,465

61,200

Gross Earnings..

1.326,969

1,233,292

1.151,841

1,120,060

1,217.392

1,269.0311 1,279.691

1,420,761

1,721,839

Working Exp . . .

894,128

850,567

823.684

t942.854

902,523

1,036,375| 1,062,990

953.978

1,135,172

Net Earnings. ..

432,841

382,725

328.157

177.206

314,869

232,656 216,701

466,783

586,687

Int Divid etc

13 890

5,880

30.269

22,456

5,814

4.798 3 331

Available Rev...

446.73!

388.605

358.426

199.662

320.683

237.4.54 220.032

Gross Earn. p.M. 5.39418 5.01338 4,68228 4,45309 4,94875 5. 158 66 5.80200 5.77545 5.13987
Prop. Wkg. Exp. 167.38 p. c.!68.96 p. c. 72.51 p. c. 84.18 p. c. 74.16 p. c. 81.67 p. c. 83.00 p. c. 67.15 p. c. 65.93 p. c.

* Year ending Jnne 30 : all others, year ending December 31.

+ Exclusive of $39.803.89 expenses of changing gauge— total expenses in 1886, 982.658.

General Balance Sheet, June 30, 1891.

$13,046,713 63 j Capital Stock (par, $100) $4,204,16000

426,799 38 \ Funded Debt Outstanding 8,820,091 80

153,378 93 j Current Accounts 992.163 25

.35.714 89 Car Trusts 302.475 75

?29?528 99 Other Liabilities. . . 73.245 00

Cost of Road

Real Estate and Stocks and Bonds Owned.

Cash and Accounts

Other Property and Assets

Profit and Loss . .

Total Assets $14,392,135

Total Liabilities

$14.392.1^5 80

SUPPLEMENTARY STATEMENT.— Operations for year ending October 31, 1891.— Train
mileage— passenger, 652,737 ; freight, 5~>7,108 ; other, 596,386— total, 1,806.281 miles. Pas-
sengers carried, 531.034 ; carried one mile, 22,601,490 average mile rate. 1.82 cents. Tons
freight moved, 938,950 ; moved one mile, 84,915.211 average ton-mile rate, 1.483 cents.
Earnings— passenger, $412,21 9.(i4 ; freight, $1,259,268.14; mail, $28,446.99; express, $26,-
310.37; other, $44,914.47— total, $1,771,159.61. Operating expenses— transportation, $664,-
OS6.15; maintenance of equipment, $142, 883. 68 ; of way, $250,102.47; general, $121.813.53
—total, $1,178,885.83. Net earnings (33.44 per cent.), $592,273.78. Deductions from In-
come : Interest on funded debt accrued, $374,434.60; leases accrued, $58,460.70; taxes
accrued, $56,965.10 ; permanent improvements, construction and equipment, $205,864.63 ;
other deductions and Court expenses, $7,550.31 — total, $703,275.34. Deficit, $111,001.56.

General Batonce Sheet, October 31, 1891.
Cost of Road and Equipment $13,380,365 44 Capital Stock $4.204,160 00

Bonds and Stocks of Other Corporations.

Due from Agents

Due from Individuals and Companies. . . .

Material on Hand

Assets

Cash in Hands of Cashier

Profit and Loss. ..

426,79936 Bonded Debt 8,820,09180

100,892 35 Trust Notes 273.387 79

41,643 14 Due Other Companies and Individuals. . . 11,398 49

32.797 02 Accrued Interest on Bonds . . 57,103 08

3:34 54 Matured Interest Unpaid 551.496 14

8,071 95 Taxes Accrued for 1890-91 45.545 49

134.796 48 Audited Accounts Including Pay Rolls. . 162.517 49

Total Liabilities $14,125,700

Total Assets $14.125,700 28

Statement of funded debt, June 30, 1891 :

. C. RR. dom. 1st mortgage 7 per cent, bonds, past due, interest January and Jul v $8,000 00

S. C. RR dom. 1st mortgage 5 per cent, extension bonds, due 1892, interest Janua'ry ;md July 178.000 00

Bonds due and payable on demand 83,091 80

1st mortgage 6 per" cent. 40-year consolidated bonds, due October 1. 1920, interest April and October'. 4,883]000 00
!d mortgage 6 per cent. 40-year consolidated bonds, due January 1, 1920, interest February and July. 1,130,000 00

ncome 6 per cent. 40-year non-accumulative bonds, due January 1, 1920, interest February 1 2,538,000 00

Total outstanding, June 30, 1891 .$8,820.091 80

Interest on bonds payable at New York Agency, 68 William Street. Trustees of 1st
mortgage, Samuel Sloan and John S. Barnes ; 2d mortgage, John S. Barnes and James J,

588

POOR 8 MANUAL — SOUTH CAROLINA RY. CO.

Higginson ; income mortgage, James J. Higginson and Francis A. Stout. Transfer agency,
office of the Company, New York, N. Y. Registrar of stock, Central Trust Co., 54 Wall St.,
New York. Bonds and stocks listed on New York Stock Exchange.

The securities issued under the reorganization are as follows : 1st consolidated mortgage
6 per cent, gold bonds, due October 1, 1920, $5,000,000; 3d mortgage 6 per cent, bonds, due
January 1, 1931, $1,500,000 ; 3d mortgage 6 per cent, non-cumulative income bonds, due
January 1, 1931, interest annually, February 1— $3,000,000. Capital stock, $5,8,22,200.

Of the 1st consolidated mortgage bonds, $117,000, and of the 2d mortgage bonds, $170,-
000 and $646.70 in cash are held by the trustees of the 1st consolidated mortgage to provide
for prior liens outstanding. The company has in its treasury — 2d mortgage bonds, $200,000;
3d mortgage income bonds, $462,000 ; New York and Charleston Warehouse and Steam
Navigation Co. bonds, $75,000 ; and stock (par value), $350,700 ; Augusta, Gibson and San-
dersville RR. Co. stock, $1,799.36. Of the stock originally issued $1,618,040 has been can-
celled, and the remainder ($4,204,160) constitutes the capital stock of the company. The
company has no car trusts or other liabilities not shown in its balance sheet.

Statement of car trust notes :

Date of Issue.

Term.

No. of
Pay-

m'ts.

Cash paid
on
Delivery.

Original
Amount,

Amount
Outstand-
ing Oct. 31.

1891.

Payments
on Notes
from Nov.
1, 1890 to
Oct. 31, 1891.

Payments
on' Notes
prior to
Nov. 1, 1890.

Car Trust A .

July 23, 1888

years.
5

60

$
40,650

$

106,3:34 40

S

47,850 48

$
19,494 64

38,989 28

Car Trust B
Car Trust C

Aug. 1, 1890
April, 1890

5
5

60
20

8,000
20,715

36,895 80
115,700 00

28,286 78
83.950 00

7,379 16
25,250 00

1.229 86
6,500 00

Car Trust D

Dec 1890

5

60

19,740

91 040 40

75 867 00

15 173 40

Car Trust E
Car Trust F

March, 1891
May 1891

5
5

60
60

4,000
5000

18,447 60
23 059 80

16,295 38
21 138 15

2.152 22
1 921 65

Totals.

98,105 00

391.47800

273.387 79

71,371 07

46,719 14

The car trust "A." series are secured on 6 passenger and 200 box cars ; the series " B "
on 100 gondolas; the series "C" on 4 locomotives, 3 switch engines, 6 passenger coaches, 3
combination, and 2 mail and express cars ; the series " D " on 200 box cars ; the series " E "
on 50 gondolas, and the series " F" on 50 coal cars.

RAILROADS LEASED BY THE SOUTH CAROLINA RY. Co.

CAROLINA, CUMBERLAND (*AP AND CHICAGO RAILWAY.-Aiken, S. C.. to Edge-
field, S. C., 25 miles. Gauge. 4 ft. 9 in. Rail (steel). 56 and 60 Ibs. Road built in 1888. Leased from May 1 . 1890,
to the receiver of the South Carolina Ry. Co. Locomotive engine, 1. Cars— passenger, 1 ; baggage, etc., 1 ;
freight (box, 5; platform, 10), 15— total cars, 17. Financial Statement, June 30, 1891.— Capital stock, $500,000 :
funded debt (1st mortgage bonds, S550,000 ; 2d mortgage income bonds, $375,000). $925,000— total stock and
bonds, $1,425,000. Of the 1st mortgage bonds, $175,000 have been issued for cancellation of debt and to provide
means for extension to Greenwood. AUSTIN GALLAGHER, President ; Wilbur F. Herbert, Jr., Secretary and
Treasurer, New York, N. Y. PRINCIPAL OFFICE AND ADDRESS, 40 Wall Street, New York, N. Y.

COLUMBIA, NEWBERRY AND LAURENS RAILWAY. -Columbia, S.C.,to Clinton, S.C.r
63.41 miles. Sidings, 1.9 miles. Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs. Chartered December 86, 1885 ; road com-
pleted ae above in July, 1891. Leased from July 1, 1S90, to the receiver of the South Carolina Ry. Co. at an annual
rental of $47,921.40. Rental, year ending June 30, 1891, $32,093.15 ; other receipts, $94.56— total income, $32,187.71.
Paid interest on bonds and construction account, $31,132. Surplus, $1,055.71. Financial Statement. — Capital
stock (par, $25) authorized, $2,000,000 ; subscribed, $500,000. Funded debt consists of 1st mortgage 6 per cent.
50-year $1,000 gold coupon bonds, dated January, 1888, interest payable January and July, at New York City,
Baltimore, Md., and Columbia. S. C.; authorized at the rate of $12,000 per mile of actually constructed road ;
outstanding, June 30, 1891, $516,000. Annual meeting, second Tuesday in July. Trustee of bonds, Safety Deposit
and Trust Co., Baltimore, Md. W. G. CHILDS, President ; T. H. Gibbes, Secretary and Treasurer, Columbia,
S. C. PRINCIPAL OFFICE AND ADDRESS, Columbia, S. C.

Board of Directors. South Carolina Ry. Co., elected March 5, 1889.
Julius A. Kohn. . . .New York, N. Y.

Thomas Stokes "

Wm. E. Bond "

Henry Sampson New York, N. Y.

D. H. CHAMBERLAIN, Receiver Charleston, S. C.

HENRY P. TALMADGE, President 68 William Street, New York, N. Y.

Vice-President— James J. Higginson. .New York, N. Y. | Secretary and Treat.— W. T. Minor... New York. N. Y

PRINCIPAL OFFICE AND ADDRESS Charleston, S. C.

Transfer Office Office of the Company, 68 William Street, New York, N. Y.

Henry P.Talmadge. New York, N.Y.
Jas. J. Higginson.. •'
Samuel Sloan

Thos. R. White, Jr.Xow York. N.Y.

W. II. Bnuvley Charleston, S. C.

Adam Dntenhofer..New York. N. Y.

POOR'S MANUAL OF RAILROADS. 589

SOUTHFIELD BRANCH RAILROAD COMPANY.

Line of Road.— Southfield, X. Y., to Southfield Furnace, N. Y 1 mile.

Sidings, etc., 1 mile. Gauge, 4 ft. 8| in. Rail, 56 Ibs.

History. — Chartered September 18, 1868. Road not operated during the past two years.

Rolling Stock.— Locomotive engine, 1.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $1,000 ; floating debt,
$20,096.46— total, $21,096.46. Per contra : Cost of road, $17,784.17 ; materials, $51.10 ; profit
and loss, $3,261.19— total, $21,096.46.

Annual meeting, first Tuesday in April.

Directors.— Macgrane Coxe, Louis C. Clark, P. T. Barlow, D. Crawford Clark, T. Gorton
Coouibe, New York, X. Y.; J. P. Scott, Jay Cooke, Jr., Pbiladelpbia, Pa.

MACGRANE COXE, President Xew York, X. Y.

Treasurer— Louis C. Clark New York, N. Y. | Secretary— P. T. Barlow New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Xos. 41 & 43 Wall Street, Xew York.

SOUTH FLORIDA RAILROAD COMPANY.

Main Line of Road.— Sanford, Fla., to Port Tampa, Fla 123.96 miles.

Bartow Branch : Bartow Junction to Bartow, Fia 16.87 miles.

Pemberton Ferry Branch : Pemberton Ferry to Bartow, Fla 56.86 miles.

Leased : Sanford and Indian River RE.: Sanford. Fla., to Lake Charm, Fla. . 17.32 miles.

Total length of line operated June 30, 1891 215.01 miles.

Sidings, etc., 20.22 miles. Gauge, 4 ft. 9 in. Rail (steel, 213.51 miles), 40, 50, and 70 Ibs.

History.— Chartered December 9. ls/79. Road opened as above in 1888. (See MANUAL
for 1890.) During the year 1884 the road was purchased by the Plant Investment Co., which
controls the Savannah. Florida and Western RR. System.

Rolling: Stock, June 30, 1891. — Locomotive engines. 28. Cars — passenger, 23 ; baggage,
mail, etc., 18 ; freight (box, 180 ; platform. 79 ; stock. 12; caboose, 10), 231 ; other. 1— total
cars. 273. This company also leases 30 box cars.

Operations for year ending June 30, 1891. — Train mileage — passenger, 181,983 ; freight
84,010; mixed, 191,157 ; other, 101,807— total, 558,957 miles. Passengers carried, 234. b64;
carried one mile, 6,326,148; average mile rate, 3.13 cents. Tons freight moved, 137,481 ;
moved one mile, 7,766,641 ; average ton-mile rate, 2.87 cents.

Earning.— Passenger $197,893 25 I Expenses.— Transportation $210,486 80

Freight 232,918 88 Maintenance of Equipment .... 71,084 88

Mail and Express 69.114 94 Maintenance Way & Buildings. 140.0^ 67

Miscellaneous ... 4.11569 General 80.10335

Total ($2,297.78 per mile) §494,044 76 Total ($2,333.65 per mile) $501.757 70

Deficit from operations, $7,712.94. Miscellaneous receipts, $9,075.22. Balance, surplus
for year, $1, 362.2s.

Financial Statement, June 30, 1891.— Capital stock, $2.090,000 ; funded debt (1st mort-
gage 6 per cent. 30-year $1,000 coupon bonds, due January 1, 1915, interest January and
July), £2,364,000 ; bills payable, $1,548,781.88 ; current accounts, $69,615.98 ; other liabil-
ities, $772,560— total, *6. 844,957.86. Contra : Cost of road and rolling stock, $5,580,587.79 ;
real estate, $15,283.27 ; stocks and bonds owned, $72,200 ; materials and fuel. $47.427.29 ;
bills receivable, $600; current accounts, $32,173.36 ; rash on hand, $36,900.78; profit and
lo>.<. $1,059,785.37— total. $6,844.957.86. The bonds are $1,000 each, coupon with privilege
of registration, and are limited in issue to $12,000 per mile of road. Trustee. Metropolitan
Trust Co., Xew York. Annual meeting, second Wednesday in March, at Sanford, Fla.

Directors (elected March 11, 1891).— H. B. Plant, M. F. Plant. H. M. Flagler, New York,

590 POOR'S MANUAL OF RAILROADS.

N. Y.; E. B. Haskell, Boston, Mass.; B. F. Newcomer, Baltimore, Md.; H. S. Haines, Savan.
nali, Ga. ; J. E. Ingraham, Sanford, Fla.

JAMES E. INGRAHAM, President Sanford, Fla.

E. B. Haskell, Vice.- President Boston, Mass.

Treasurer— C. C. Haskell Sanford, Fla. | Secretary -R. B. Smith New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Sanford, Fla.

SOUTH MANCHESTER RAILROAD COMPANY.

Line of Road. — South Manchester, Ct. to North Manchester, Ct 2.25 miles

Sidings, 1.72 miles. Gauge, 4 ft. 8$ in. Rail (steel, 2.25 miles), 56 Ibs.

History.— Chartered May, I860 ; road opened June, 1869.

Rolling1 Stock. — Locomotive engines, 2. Cars — passenger, 3.

Operations for year ending June 30, 1891.— Train mileage— passenger, 17,525 ; freight,
1,655— total, 19,180 miles. Passengers carried, 161,642; carried one mile, 363,694; average
rate per mile, 3.1'3 cents. Tons freight moved, 27,864 ; moved one mile, 62,694; average
rate per mile, 12.23 cents. Earnings— passenger, $11,364.74; freight, $7,667.63; mail and
express, $75 ; other, $70.44 — total, $19,177.82. Operating expenses, $11,386.37. Net earn-
ings, $7,791.44. Paid taxes, $35-1.20. Balance, surplus, $7,437.24.

Financial Statement, June 30, 1891.— Capital stock, $40,000; accounts payable, $15,-
388.35; profit and loss, $49,943.57— total, $105,331.92. Contra: Constiuction, $79,787.77 ;
rolling stock and real estate and buildings, $21,123.72; materials and supplies, $4,420.43.

Directors. — Ralph Cheney, Frank Cheney, F. W. Cheney, Richard 0. Cheney, South
Manchester, Ct.

F. W. CHENEY, President South Manchester, Ct.

Sec. tfc Gen. Man. — Richard O. Cheney. So. Manchester. | Treasurer — Charles S. Cheney South Manchester.

PRINCIPAL OFFICE AND ADDRESS South Manchester, Cr.

SPOKANE FALLS AND NORTHERN RAILWAY COMPANY.

Line of Road Completed.— Spokane Falls, Wash., to Little Dalles 128 miles.

Gauge, 4 ft. 8£ In. Rail (steel), 56 Ibs.

History. — Chartered April 4, 1888. Track-laying commenced about June 1, 1889 ; road
completed as above at the close of 1890. Extensions are projected from Marcus to the
Pacific Coast, 320 miles, and from Colville to Metaline, 40 miles — total, 488 miles.

Rolling Stock. — Locomotive engines, 6. Cars — passenger, 8; baggage, etc., 2; freight
(box, 50 ; platform, 125 ; stock, 5), 180 ; caboose, 3 — total cars, 193.

Financial Statement.— Capital stock (authorized, $20,000 per mile; par, $100) ; funded
debt, 1st mortgage 6 per cent. $1,000 gold bonds, coupon with privilege of registration, dated
1889, due July, 1939, interest payable January and July, at the Chase National Bank, New
York, N. Y. (authorized at rate of $20,000 per mile), $2,540,000— total stock and bonds,
representing cost of road and equipment, $5,040,000. Mortgage covers entire property,
Trustee, Manhattan Trust Co., New York, N. Y.

Directors.— D. C. Corbin, J. K. O. Sherwood, Chester W. Chapin, New York, N. Y. ; A. A.
Newberry, Austin Corbin 2d, W. H. Taylor, James Monaghan, Albert Allen, F. R. Moore,
Geo. H. Martin, A. B. Irvvin, B. C. Van Houten, Frank George, Spokane Falls, Wash.

D. C. CORBIN, President Spokane Falls, Wash.

A. A. Newberry, Vice-President Spokane Falls, Wash.

See. and Treat.- J. K. O. Sherwood. . . .New York, N. Y. | Superintendent— Frank George. Spokane Falls, Wash.

PRINCIPAL OFFICE AND ADDRESS Spokane Falls, Wash.

Treasurer's Office in New York 192 Broadway.

POOR'S MANUAL OF RAILROADS. 591

STATEN ISLAND RAPID TRANSIT RAILROAD COMPANY.

Main Line of Road.— Elizabethport, N. J., to Arrochar, N. Y 10.30

Leased : Staten Island Ry.: Clifton, N. Y., to Tottenville, N. Y 12.70—23 miles.

2d track (owned, 8.6 ; leased, 4.2), 12.8 miles. Sidings, owned 7.5 miles. Gauge, 4 ft. 8£ in.
Rail (steel, 21.4 miles), 56 to 67 Ibs.

History.— Chartered April 14, 1880 ; road opened throughout on March 7, 1886. (See
MANUAL for 1891.)

Rolling Stock, June 30, 1891.— Locomotive engines, 14. Cars— passenger, 64 ; freight
(box, 7 ; platform. 8), 15 — total cars, 79. Of which leased : 5 locomotive engines and 13 pas-
senger cars ; acquired through car trust, 3 box and 4 platform cars. In addition, the com-
pany owns 2 and leases 5 regular ferry-boats.

Operations for year ending June 30, 1891.— Train mileage — passenger, 368,815 ; freight,
58,322 ; other, 11,851— total, 438,988 miles. Passengers carried, 8,472,330 ; carried one mile,
<58.7~1.285 ; average mile rate, 0.66 cent. Tons freight moved, 381,341 ; moved one mile,
2,630,871 ; average ton-mile rate, 2.83 cents. Gross earnings year ending September 30, 1891
—passenger, $451,735.97; freight, $74,548.22; mail, $1,429.96; express, $7,530.22 ; ferries,
etc., $490,354.22— total ($44,591.20 per mile), $1,025,597.69. Operating expenses— trans-
portation, $443,332.41; motive power, $48,156.47; maintenance of boats, cars, etc., $129,-
030.42 ; way and buildings, $37,293.91 ; general, $27,764.94— total ($29,807.75 per mile),
$685,578.15. Net earnings (33.15 per cent.), $340,019.54. Payments : Interest on bonds,
$185,000 ; interest on debt, $11,896.01 ; rental (Staten Island Ry.), $80,600 ; taxes, $23,600—
total, $301,096.01. Balance, surplus, $38,923.53. Deficit forward, $91,393.08 ; charged
during the year, $15,007.02— total. $106,400.10. Net deficit, $67,476.57.

General Balance Sheet, September 30, 1891.

Road and Properties «8:056,230 21

Ferry-boats, Rolling Stock, etc 590,077 22

Materials and Fuel on Hand 23,524 79

Rentals in Advance. . . 5,000 00

Capital Stock (par, $100) $500,000 00

Funded Debt Outstanding 8.000,000 00

Audited Vouchers and Pay-Roils 80,288 11

Interest and Rentals Due and Accrued 88,883 00

Bond Redemption 26,000 00 j Bills Payable 385,68657

Bills Receivable 5,000 00 I Open Accounts 27,258 72

Cash 36,848 33

Current Accounts 271,959 28

Profit and Loss. ... .... 67,476 57

Total Assets $9,082,116 40

Total Liabilities $9,082,116 40

Funded debt consists of $1,000,000 1st mortgage 6 per cent. 30-year $1,000 coupon bonds,
due October 1, 1913, interest payable April and October ; $2,500,000 2d mortgage 5 per cent.
40-year bonds, due January 1, 1926, interest payable January and July : $4,500,000 income
bonds, dated November 21, 1885, due November 21, 1945, interest subject to future earnings
in excess of all other charges and rentals. The incomes are owned, one-half each, by the
Baltimore and Ohio and Staten Island Rapid Transit RR. Cos.

The Baltimore and Ohio owns 51 per cent, of the stock, and guarantees principal and in-
terest of the second mortgage bonds. The latter were issued to provide means for building
the Arthur Kill Bridge, constructing two new ferry-boats, providing terminal facilities for the
B. & 0. on Staten Island, and for other purposes.

Annual meeting, last Tuesday in April, at the company's office in'New York City ; trans-
fer books close thirty days previously, and stock owned then may be voted at the meeting.
Interest payable at company's office. Trustees of bonds : 1st mortgage, United States Trust
Co.; 2d mortgage, Charles Wehrhane ; income bonds, J. K. Cowen.

RAILROAD LEASED BY THE STATEN ISLAND RAPID TRANSIT RAILROAD Co.

STATEN ISLAND RAILWAY.-Tottenville, N. Y., to Clifton, N. Y., 12.70 miles. Second track

miles. Gauge. 4 ft. 8* in. Rail tsieel), 56 Ibs. Organized in April, 1873, as successor to the S I RR Co '

>se property was sold under foreclosure in September, 1872. Leased for 99 years from July 31 1884 to the

staten Island Rapid Transit RR. Co.. the rental being interest on bonds, dividends of §4 per share payable miar

teriy on stock (par, $15), and $3,600 for organization expenses ; interest and dividends to be paid directly to holders

>cks and bonds. The company owns 5 locomotive engines, 20 cars, and 5 ferrv-boats. Rentals year endin^

June 30, 1890. $80,600. Payments-expenses, $3,124.16 ; interest on bonds $21,000 ; dividends, 26§ per cent oS

592 POOR'S MANUAL OF RAILROADS.

face value of shares, $56,000— total, $80,124.16. Surplus, $475.84 : surplus from last year, $130 668 06— total sur-
plus, $131,143.90. Capital stock ($15 per share). $210,000 ; funded debt, 1st mort^a^e 7 per cent. 20-year bonds
dated April 1, 1873, interest April and October, $300,000 ; profit and loss, $131,143.90— total, $641 143 90 Cost, of
road and equipment, .$637.886.3!) ; cash. $557.51 ; open accounts, $2,700— total. $641,143 !»(). Dividends paid Jan-
uary, April, July, and October, at lessee's office. BRASTCrfi WIMAN. President ; Charles Watrous Vice-Pmi.<l?/it
Xe\v York, N. Y.; Edward Curry, Secretary and Treasurer, New Brighton, N. Y. PUINCIVAL OFFICE New
Brighton, N. Y.

Board of Directors, Staten Island Rapid Transit RR. Co., elected April 28, 1891.

J. F. Emmons New York, N. Y. [ James M. Davis. . .New York, N. Y.

E. Wiman " " i Charles Watrous. . " "

O. S. Wood Rosebank, N. J. Frank S. Gannon. "

A. B. Boardman. . .New York, N. Y. Thomas M. King Baltimore, Md.

Orland Smith Baltimore, Md.

Charles P. Mayer...

W.G.Atkinson

C. J. Rvan .. "

C. K. Lord Philadelphia, Pa.

J. FRANK EMMONS, President New York, N. Y.

Thomas M. King, Managing Director Baltimore, Md.

Secretary— Win. Keutgeii New York, N. Y. I Assistant Treasurer— E. Curry New York, N. Y

Treasurer- W. H. Ijams Baltimore, Md. | General Supt.— Frank S. Gannon " "

PRINCIPAL OFFICE AND ADDRESS Foot of Whitehall St., New York, N. Y.

STERLING MOUNTAIN RAILWAY COMPANY.

Line of Road.— Sterlington, N. Y., to Lakeville, N. Y 7.6 miles.

Sidings and other tracks, 1 mile. Gauge, 4 ft. 8^ in. Rail (steel, 7.45 miles), 56 Ibs.

History. — Organized May 18, 1864, and road opened November 1, 1866.

Rolling Stock, December 31. 1890. — Locomotive engines, 3. Cars — freight (box), 119 ;
caboose, 1.

Operations for year ending' June 30, 1891. — Train mileage not reported. Passengers
carried, 2,522 ; carried one mile 13,644. Tons freight moved, 77,973 ; moved one rnile,
586,820. Gross earnings, $28,552.32. Operating expenses, $17,757.23. Net earnings, $10,-
795.09 ; add rents received, $598.72 — total available revenue, $11 393.81. Payments :
Interest on bonds, $1,558.28 ; taxes, $822.50— total, $2,380.78. Balance, surplus, $9,013.03.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $80,000 ; funded debtf
1st mortgage income (non-cumulative) 7 per cent, bonds. $475.674 ; interest, $1,588.28; loans
and bills payable, $159,350.63— total, $716,582.91. Contra: Cost of road, $310,908.23;
equipment, $195,955.79; materials and supplies. $3,895.09 ; profit and loss, $205,823.80—
total, $716,582.91. The bonds are due July 7, 1895, and are guaranteed by the Sterling Iron
and Ry. Co.

Annual meeting, first Tuesday in April, at 43 Wall Street, New York, N. Y.

Directors. — P. T. Barlow, D. C. Clark, Macgrane Coxe, Louis C. Clark, New York City;
James P. Scott. Jay Cooke, Jr., Philadelphia, Pa.

MACGRANE COXE, President New York, N. Y.

Treasurer— lj. C. Clark New York, N. Y. | Secretary— P. T. Barlow New York, N. Y.

PRINCIPAL OFFICE AND ADDUESS. . .Nos. 41 and 43 Wall Street, New York, N. Y.

STEWARTSTOWN RAILROAD COMPANY.

Line of Road, — New Freedom, Pa., to Stewartstown, Pa 7.2 miles.

Sidings, 1.10 miles. Gauge, 4 ft. 8| in. Rail (steel), 50 Ibs.

History. — Chartered September, 1884 ; rond opened September 12, 1885. Connects at
New Freedom with Northern Central Ry.

Rolling Stock, June 30, 1891. — Locomotive engine, 1. Cars — passenger, 2 ; platform, 1.

Operations for year ending June 30, 1891. — Train mileage not reported. Passengers
carried, 15,196. Tons freight moved, 19,630. Earnings— passenger, $2,779.90; freight,
$10,461.56 ; mail, $328.32 ; express, $212.19 ; other, $287.64— total, $14,069.61. Operating
expenses — transportation, $4,019.31; motive power, $1,191.80; maintenance of way, etc.,
$2,582.65 ; general, $849.75— total, $8,463.51. Net earnings, $5,4'26.69, from which were
paid dividends (5 per cent.), $3,500, leaving net surplus for year, $1,926.69.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $70,000. Cost of road,

POOR'S MANUAL OF RAILROADS. 593

$68.899.17 ; equipment, $7,168.48 ;casb on band, $1,235.04 ; profit and loss, $1,926.69— total,
$79,229.38.

Annual meeting, second Monday in January, at Stewartstown, Pa. ; books close sixty
days previously. Voting power attaches to stock after sixty days' ownership. Dividends
payable January and July, at Stewartstown, Pa. Registrar of stock. J. B. Gemmill.

Directors (elected January 13. 1891).— J. B. Fulton, J. Scliall Wilhelm. York, Pa. ;
James Fulton, Joseph W. Anderson, William Hammill, A. G. Bowman, John B. Gemmill,
Andrew Leib, J. C. Jordan, Stewartstown, Pa. : Milton W. Balm. J. Y. Keeney, New
Freedom, Pa. ; John S. Leib. Baltimore, Md. ; John Wiley, Xorrisville, Md.

JAMES FULTON, President and General Manager Stewartstown, Pa.

M. W. Bahn, Vice-President New Freedom, Pa.

Secretary— John B. Gemmill Stewartstown, Pa. | Treasurer — Joseph W. Anderson Stewartstown, Pa.

PRINCIPAL OFFICE AND ADDRESS.. ..Stewartstown. Pa.

STONY CLOVE AND CATSKILL MOUNTAIN RAILROAD COMPANY.

Line of Road.— Pboenica, X. Y., to Hunter, X. Y 14.30 miles.

Sidings, etc., 0.66 mile. Gauge, 3 ft. Rail (steel), 42 Ibs. per yard.

History. — Chartered January 18, 1881 ; road opened throughout, June 24, 1882.

Railing: Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 3 ; combina-
tion, 2 : baggage, etc., 1 ; observation, 4 ; freight (box, 2 ; platform, 7), 9 ; service oars, 5
— total, 24. Also 12 sets transfer trucks.

Operations for year ending June 30, 1891. — Train mileage — passenger. 12,000; mixed,
27,000— total, 39,000 miles. Passengers carried, 39,942 ; carried one mile, 458.861 ; average
mile rate, 8.15 cents. Tons freight moved, 13,866 ; moved one mile. 167,354: average ton-
mile rate, 8.71 cents.

.— Passenger $37,418 8? Expenses.— Transportation $13.877 39

Freight. •. . 14,571 03

Mail 760 76

Express 799 13

Total ($3.744.74 per mile) $53,549.78

Motive Power 1,190 19

Maintenance of Cars 4.614 88

Maintenance Way and Buildings 9.059 60

General 3,50697

Total (§2,255.18 per mile) $32.249

Net earnings (39.78 per cent.), $21,300.75. Payments: Interest on bonds. $10,500:
dividend Xo. 5 (5 per cent.), $6,200 ; taxes, $1,848.56 ; discount and interest, $60.54 — total,
$18,609.10. Balance, surplus, $2,691.65. Deficit forward, $1,850.96. Net surplus $840.69.

General Balance Sheet. June 30, 1891.

Cost of Road $239.740 84 t Capital Stock (par, $100) $124,000 00

Cost of Equipment 55,054 84 \ Funded Debt Outstanding 210,000 00

Materials and Fuel onHand 264 95 ' Current Accounts 16,988 85

Current Accounts 7,306 78 Interest Due and Accrued 2.625 (Xi

Cash on Hand 2,087 13 : Profit and Loss 840 69

Total Assets $354.454 54 Total Liabilities $354,454 54

Funded debt consists of 1st mortgage 5 per cent. 30-year $1.000 coupon bonds, due April
1, 1911, interest payable April and October, at the company's office, Rondout.

Annual meeting, second Monday in January, at Rondout, N. Y. Dividends payable
annually in September at the company's office. Trustee of bonds, Farmers' Loan and Trust
Co., New York, N. Y.

Directors (elected January 12, 1891).— Samuel D. Coykendall. George Coykendall, Abel A.
Crosby, Alva S. Staples, James G. Lindsley, Isaac M. North, Samu:-l Coles, Peter E. Scboon-
maker. Rondout. X. Y. ; John Dawson, Henry C. Swain, Joel W. Mason, Xe\v York. N. Y.

SAMUEL D. COYKENDALL, President Rondout. X. Y.

George Coykendall. Yice-President and Superintendent, Rondout, X. Y.

Sec. and Trias.— Samuel Coles Rondont, N. Y. | Auditor— Oscar L. Eastman Rondout. N. Y.

PRINCIPAL OFFICE AND ADDRESS Rondout. X. Y.

38

594 POOR'S MANUAL OF RAILROADS.

STONY CREEK RAILROAD COMPANY.

Main Line of Road.— Norristown, Pa., to Landsdale, Pa 10.30 miles.

Sidings, etc., 2.64 miles. Gauge, 4 ft. 8^ in. Rail (steel, 7.61 miles), 58, 68, and 70 Ibs.

History. — Chartered April 14, 1868 ; road opened January 1, 1874.

Rolling Stock. — This company owns one caboose car. All other rolling stock is fur-
nished by the Philadelphia and Reading RR. Co.

Operations for year ending June 30, 1891. — Train mileage — passenger, 26,031; freight,
6,510; mixed, 3,225— total, 35,796 miles. Passengers carried, 94,562 ; carried one mile,
713,021 ; average mile rate, 2.29 cents. Tons freight moved, 37,625; moved one mile, 191,-
169 ; average ton-mile rate, 5.25 cents. Earnings — passenger, $16,363.53 ; freight, $10,-
032.54; mail, $461.68; other, $1,005.20— total, $27,862.95. Operating expenses— trans-
portation, $21,108.40; maintenance of way, etc., $5,858.92; general, $3,758.97— total,
$30,726.29. Deficit from operations, $2,863.34. Rents, etc., received, $1,060.10— net deficit,
$1,803.24. Payments: Interest on bonds, $24,500; taxes, $2,35407; interest on mortgages,
$330; real estate expenses, $660.25— total, $27,844.32. Deficit for year, $29,647.56 ; deficit
from 1890, $469,068.35— total deficit, $498,715.91.

General Balance Sheet, June 30, 1891.

Cost of Road $497,138 23 | Capital Stock (par, $50) $176,100 00

Equipment 397 34 | Funded Debt Outstanding 350,000 00

Real Estate and Buildings 46,569 31 Bills Payable and Dues for June 4,873 78

Materials on Hand 2,867 16 Current Accounts 973 65

Bonds Owned 300 00 Accounts with P. & R. RR. Co 510,843 20

Bills Receivable and June Accounts 4,110 24 Mortgages 5,500 00

Current Accounts 2,15874 Coupons Unpaid and Accrued 18,37500

Cash on Hand 14,408 70

Profit and Loss 498,715 91

Total Assets $1,066,665 63 ' Total Liabilities $1,066,665 63

Funded debt consists of It-t mortgage 7 per cent. 35-ye.ar $1,000 coupon bonds, due Octo-
ber 1, 1907, interest payable April and October.

Annual meeting, third Monday in January, at the company's office, Norristown, Pa.
Interest, on bonds guaranteed by Philadelphia and Reading RR. Co., and payable at that com-
pany's office in Philadelphia, Pa.

Directors (elected January 19, 1891). — John Slingluff, F. D. Sower, John Jamison, Daniel
C. Getty, John Oberholtzer, J. P. Hale Jenkins, W. H. Slingluff, William Stahler, Norris-
town, Pa. ; David S. Het-bner, John S. Heebner, Lansdale, Pa. ; Samuel Dresher, Norriton
ville, Pa. ; Oliver G. Morris, Line Lexington, Pa.

JAMES BOYD, President Norristown, Pa.

Secretary and Treas.— Howard Boyd.. Norristown, Pa. ] Supt. and Engineer— G. B. Boggs Norristown, Pa.

PRINCIPAL OFFICE AND ADDRESS 318 De Kalb Street, Norristown, Pa.

STUTTGART AND ARKANSAS RIVER RAILROAD COMPANY.

Line of Road Projected. — Stuttgart, Ark., to Pendleton, Ark 45 miles.

Completed : Stuttgart, Ark., to De Witt, Ark 25 miles.

Sidings, etc., 1 mile. Gauge, 4 fr. 8£ in. Rail (steel), 35 Ibs.

History. — Chartered November 21, 1888. Road built during 1889. Work is in progress
on the extension from De Witt to Pendleton, 20 miles.

Rolling1 Stock. — Locomotive engine, 1. Cars — passenger, 2.

Operations, etc. — Not reported.

Financial Statement.— Capital stock authorized (par, $100), $500,000 ; funded debt (1st
mortgage 5 per cent. 20-year bonds, dated April 1, 1890, interest payable April and October),
authorized ($500,000); issued, $275,000. Contra: Cost of road, $250,000; real estate, etc.,
$25,000 ; stocks and bonds owned, $275,000; other property, $105,000 ; bills receivable, $10,-
000 ; current accounts, $1,000; cash on hand, $2,000. No bonds yet sold.

POOR'S MANUAL OF RAILROADS. 595

Interest on bonds payable at office of the trustee, Farmers' Loan and Trust Co., New
York. N. Y. Voting power attaches to stock after thirty days' ownership.

Directors.— F. M. Gillett, New York, N. Y. ; T. H. Leslie, A. D. Swan, Stuttgart, Ark. ;
G. H. West, St. Louis, Mo.

F. M. GILLETT, President New York, N. Y.

T. H. Leslie, Manager, Secretary, and Treasurer Stuttgart, Ark.

PRINCIPAL OFFICE AND ADDRESS Stuttgart, Ark.

SUFFOLK AND CAROLINA RAILWAY COMPANY.

Line of Road. — Suffolk, Va., to Montrose Landing, on Chowan River, N. C. . .40 miles.
Sidings, 11 miles. Gauge, 3 ft. 6 in. Rail (steel, 44.50 miles), 30 and 40 Ibs.

History. — Chartered as the Nansemond Land, Lumber, and Narrow-Gauge Ry. Co. in
1873. Name changed to the Suffolk and Carolina Railway Company, February 26, 1874.

Rolling Stock, June 30, 1891. — Locomotive engine?, 5. Cars — passenger, 4; freight
(box, 5; platform, 84), 89; caboose, 1 ; other, 13— total cars, 107.

Operations for year ending June 30, 1891. — Train mileage — passenger, 595 ; freight,
2,169 ; mixed, 42,783 ; other, 10,276 — total, 5o,823 miles-. Passengers carried, 13,222 ; carried
one mile, 303,988 ; average mile rate, 2.14 cents. Tons freight moved, 57,700 ; moved one
mile, 1,330,910; average ton-mile rate, 2.25 cents. Earnings — passenger, $6,497.95 ; freight,
$56,632.61 ; mail, $1,616.69 ; other, $6,848.09— total, $71,595.34. Operating expenses-
transportation, $19,604.38; maintenance of cars, $7,647.86; maintenance way, etc., $12,-
895.45 ; general, $6.657.96— total, $46,865.65. Net earnings, $24,729.69. Payments : Inter-
est on bonds, $9,000; on debt, $277.48; other, $1,761.38— total, $11,038.86. Balance, sur-
plus, $13,690.83.

Financial Statement, June 30, 1891.— Capital stock, $400,000 ; funded debt, $140,000 ;
current accounts, $2,066.52; profit and loss, $28.788.29— total, $570,854.81. Contra: Con-
structiou, $439,711.34 ; equipment, $61,456.73 ; real estate and buildings, $42,107.90 ; stocks
and bonds owned, $1,875 ; materials and fuel, $1,311.56 ; Edenton and Norfolk RR., $1,153.-
98; steamer Pohatcong, $5,274.97 ; telephone line, $1,579.41 ; Suffolk switching, $11,182.17;
track scales, $420; steamer Olive, $4,781.75— total, $570,854.81.

Directors (elected October 8, 1891).— John S. Gittings, D. H. Thomas, John M. Den-
nison, Baltimore, Md. ; J. H. Cottman, W. B. Brooks, Jr.. Charles F. Pitt, Jr., Suffolk. Va.

WILLIAM H. BOSLEY, President Baltimore, Md.

Treasurer— Wm. B. Oliver Suffolk, Va. | Secretary— John S. Gittings Baltimore. Md.

PRINCIPAL OFFICE AND ADDRESS Suffolk, Va.

SULLIVAN COUNTY RAILROAD COMPANY.

Line of Road.— Bellows Falls, Vt., to Windsor, Vt 26 miles.

2d track, 8.68 ; sidings, 5.97 miles. Gauge, 4ft. 8* in. Rail (steel, 39.70 miles), 56, 66, 70 Ibs.

History.— Chartered July 10, 1846 ; road opened February 5, 1849. On October 1, 1880,
the property was sold to the Vermont Valley RR. Co., and formal possession surrendered by
the lessees June 1, 1881. It is now operated in connection with the Vermont Valley RR. Co.
The track of the Central Vermont RR. between Connecticut River Bridge and Windsor, 1
mile, is used under contract.

Rolling: Stock. — Leased from Connecticut River RR. Co.

Operations for year ending June 30, 1891. — Train mileage — passenger, 67,407 ; freight,
124,71-2 ; other, 50,304— total. 242,483 miles. Passengers carried, 158,546 ; carried one mile,
3,218,999 ; average mile rate, 2.68 cents. Tons freight moved, 729,503 ; moved one mile,
18.474,110 ; average ton-mile rate, 0.80 cent.

596

POOR'S MANUAL OF RAILROADS.

Earnings.— Passenger $86,210 28

Freight 148,600 66

Mail 6,306 12

Express 3,648 46

Expenses.— Transportation $111,340 99

Motive Power and Cars 19,396 03

Maintenance Way & Buildings. . . 33,587 49
General and Taxes 20,100 00

Total ($9,414.06 per mile) $244,765 52 Total ($7,093.25 per mile) $184,424 51

Net earnings (24.65 per cent.), $60,341.01. Add rents, $407 ; interest, ,$450.67— total
available revenue, $61,198.68. Payments: Interest on debt, $11,234.13; dividends (8 per
cent.), $40,000 ; rents, $3,600.04— total, $54,834.17. Surplus, $6,364.51 ; surplus forward,
$133,411.99 ; total, $139,776.50.

General Balance Sheet, June 30, 1891.

Cost of Road $500,000 00

Cost of Rolling Stock 45,390 65

Real Estate and Buildings, in part 11.545 80

Current Accounts 14444

Improvement Account 286,40549

Total Assets . . $843,486 38

Capital Stock $500,000 00

Bills Payable 91,389 15

Current Accounts 112,320 73

Profit and Loss 139,776 50

Total Liabilities

$843,486 38

Previous to 1880 the Northern RR. Co. owned all the stock of this company, and the net
earnings of the road were paid to that company as dividends. Since 1880 the company has
paid regular cash dividends of 4 per cent, semi-annually, October and April 1st.

Annual meeting, last Thursday in May. Interest and dividends payable at office of Bos-
ton Safe Deposit and Trust Co., Boston, Mass. Total number of dividends paid to date, 20.
Registrar of stock, F. F. Lane (Treasurer of Company), Keene, N. H.

Directors (elected May 28, 1891).— A. B. Harris, Boston, Mass.; H. C. Robinson, Hart-
ford, Ct.; C. J. Amidon, Hinsdale, N. H. ; J. H. Albin, N. E. Martin, Concord, N. H.; J. H.
Williams, Bellows Falls, Vt. ; E. F. Lane, Keene, N. H.

A. B. HARRIS, President New York, N. Y.

Treasurer— E. F. Lane Keene, N. H. [ Clerk— J. H. Albin Concord, N. H.

PRINCIPAL OFFICE AND ADDRESS 45 Broadway, New York, N. Y.

Corporate and Stock Transfer Office Keene, N. H.

SURRY, SUSSEX AND SOUTHAMPTON RAILWAY COMPANY.

Line of Road. — Scotland, Va., to a point 3 miles south of Wakefield, Va 22.90 miles.

Sidings, etc., 6 miles. Gauge, 3 ft.

History.— Organized May 16, 1886.

Rolling Stock, June 30, 1891. — Locomotive engines, 5. Cars — passenger, 1 ; freight
(box, 2 ; flat, 21), 23— total cars, 24.

Operations for year ending June 30, 1891. — Train mileage and traffic statistics not
reported. Earnings— passenger, $1,238.10 ; freight, $42,360.38 ; mail, $1,073 ; other,
$91.93 — total, $44,763.41. Operating expenses — transportation, $16,094.85 ; maintenance of
way, etc., $3,390.97 ; of equipment, $6,131,33 ; general, $1,562.92— total, $27,180.07.
earnings, $17,583.34. Payments: Interest, $4,992.50; taxes, $998.06— total, $5,990.56.
Surplus for year, $11,592.78.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $50,000 ; current liabili-
ties, $93,957.37 ; reserved account, $26,310.08 ; profit and loss, $18,198.92— total, $188,466.37.
Contra: Cost of road, $155,705.61 ; equipment, $25.693.22; cash and current assets, $1,-
267.54; materials and supplies, $5,800— total, $188,466.37.

Directors (elected May 19, 1891).— R. T. Waters, F. E. Waters, Baltimore, Md. ; John
Walter Smith, John P. Moore, Snow Hill, Md.

R. T. WATERS, President and General Manager Baltimore, Md.

John Walter Smith, Vice-President Snow Hill, Md.

Secretary & Treas.—F. E. Waters Baltimore, Md. | Auditor— John P. Moore Snow Hill, Md.

PRINCIPAL OFFICE AND ADDRESS Baltimore, Md.

Operating Office Dendron, Va.

POOR'S MANUAL OF RAILROADS. 597

STJWANNEE RIVER RAILWAY COMPANY.

Completed Line of Road.— Ellaville to Frederica, Fla 35.00

Branch Completed : Flagler to Hudson. Fla 3.35—38.35 miles.

Gauge, 4 ft. 8£ in.

History. — Incorporated in Florida to build a railway from Ellaville on the Florida Ry.
and Navigation Co.'s Line, to Hudson, on the Suwannee River, thence to connect by steamer
with Cedar Keys and points on the Gulf coast. Completed as above in 1891. It is intended
to build a connection with S. F. & W. RR. at O'Brien, Fla., which will be completed this
year. Road owned by L. Buck! & Sou.

Rolliii2$Stock.— Locomotives, 4. Cars, 60.

Operations, etc., not reported. Earnings for year ending January 1, 1892, $34.810.26.

Financial Statement.— Cost of road bed, etc., $155,000; of equipment, $40,000— total
cost of road and equipment to date, $195,000.

CHARLES L. BCCKI, President 16 Beaver St. Xew York, X. Y.

Sec. d- Treat.— Charles S. Hirsch New York, N. Y. | Gen. Super.— James Veit Ellaville, Fla.

PRINCIPAL OFFICE AND ADDBESS Ellaville, Fla.

SYRACUSE AND BALDWINSVILLE RAILWAY COMPANY.

(Statement repeated from MANUAL 'for 1891 ; later information refused.)

Line of Road. — Baldwinsville, N. Y., to Amboy, N. Y 6 miles.

Sidings, etc., 2 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History.— Chartered as the Syracuse and Baldwinsville RR. Co., June 2, 1886, and road
opened January 1, 1887. Connects at Amboy with the West Shore RR. In January, 1891,
sold under foreclosure and purchased by the bondholders, who reorganized the company
under the above title.

Rolling Stock.— Locomotive engine, 1.

Operations for year ending September 30, 1890.— Train mileage (mixed), 10,388. Pas-
sengers carried, 17,660 ; carried one mile, 99,280 ; average mile rate, 1.65 cents. Tons freight
moved, 36,798 ; moved one mile, 220.910 ; average mile rate, 5.90 cents.

Earnings.— Passenger §1, 642 30

Freight 13,03484

Express 509 36

Total ($2,531.08 per mile) $15,186 50

Expenses.— Transportation $7,381 71

Motive Power 1,517 18

Maintenance Way and Buildings. 2,644 05
General 2,525 36-

Total ($2,344.72 per mile) $14,068 30

Net earnings (7.36 per cent.), $1,118.20.

General Balance Sheet, June 30, 1890.

Cost of Road $215,451 60 I Capital Stock $60,000 00

Rolling Stock 8,900 00 ! Funded Debt Outstanding 160,000 00

Materials and Fuel on Hand .. .... 500 00 . Bills Payable ... 2.55748

Bills Receivable 1,328 74

Cash on Hand 96414

Profit and Loss 5,013 00

Total Assets $232,157 48

Interest on Funded Debt 9,600 00

Total Liabilities $232,157 43

I

T he funded debt consists of first mortgage 6 per cent. 50-year $500 bonds, dated July 1,
1886, interest payable January and July.

Annual meeting, January 6, at Baldwinsville, X. Y. Trustee of bonds, Central Trust
Company of New York.

Directors.— Wallace C. Andrews, William A. Cauldwell, Richard A. Dorman, New
York, X. Y.; Thomas F. Goodrich, Charles D. Marvin, Brooklyn, X. Y.; George S. Coe, Jr.,
Englewood, X. J.; Floyd F. Bently, Baldwinsville, N. Y.

CHARLES D. MARVIN, President New York, N. Y.

.— W. C. Andrews New York, N. Y. | Treasurer— F. F. Bentley Baldwinsville, N. Y.

PRINCIPAL OFFICE AND ADDRESS Baldwinsville, X. Y.

598

POOR'S MANUAL OP RAILROADS.

SYRACUSE, GENEVA AND CORNING RAILWAY COMPANY.

Main Line of Road.— Corning, N. Y., to Geneva, N. Y 57.75

Dresden Branch: Peuu Yan, N. Y., to Dresden, N. Y 6.43 — 64.18 miles.

Sidings, etc., 25.50 miles. Gauge, 4 ft. 8£ in. Rail (all steel), 62 and 76 Ibs.

History. — Chartered August 27, 1875 ; road opened December 10, 1877. Operated under
lease by the Fall Brook Coal Co ; rental, 33£ per cent, of gross receipts. (See MANUAL for
1888.)

Rolling Stock (supplied by other parties and used in operating this and the Pine Creek
Rys.) — Locomotive engines, 65. Cars — passenger, 25; baggage, mail, etc., 8; freight (box,
289 ; stock, 25 ; platform, 10 ; coal, 2,952 ; caboose, 48), 3,324 ; service, 37— total cars,
3,394.

Operations for year ending June 30, 1891 (Lessees report). — Train mileage — pas.-enger,
120,103; freight, 537,591 ; other, 2,620— tot il, 660,314 miles. Passengers carried, 147,174;
carried one mile, 2,773,498 ; average mile rate, 1.899 cents. Tons freight moved, 2,724,351 ;
moved one mile, 143,144,676 ; average ton-mile rate, 0.423 cent.

Earnings.— Passenger $52,670 68

Freight 602,350 80

Mail and Express 9,661 77

Miscellaneous . . 4,389 66

Total ($10,424.94 per mile) $669,072 91

Expenses.— Transportation $178,441 87

Maintenance of Equipment 71,744 86

Roadway and Buildings 93,190 92

General ... . 148,230 62

Total ($7,659.83 per mile) $491,608 27

Net earnings (28.57 per cent.), $177,464.64. Paid rentals, $'323,024.30 ; taxes, $9,547.90
—total, $232,572.20. Deficit (loss to lessee), $55,107.56.

Lessor's Income Account.— Rental, $223,024.30 ; interest, $1.314.93— total, $224,339.23-
Payments: Interest on bonds, $86,467.25; taxes, $2,650; general, $2,037.96; dividends (8
percent,), $106,000— total, $197,155.21. Surplus, $27,184.02; surplus forward, $374,429.98
—total, $401,614.

Financial Statement, June 30, 1891 (Lessor's report).— Capital stock (par, $100), $1,
325,000 ; funded debt, 1st mortgage coupon 7 per cent. 30-year ($100 and $1,000) bonds, due
November 15, 1905, interest payable May and November, $798,200 ; 2d mortgage coupon 5
per cent. 30-year ($1,000) bonds, due March 1, 1909. interest payable March and September,
$600,000; interest on bonds due and accrued, $16,984.25; profit and loss, $401,614— total,
$3,141,798.25. Contra : Cost of road, $3,019,953.99 ; cash on hand, $121,844.26.

Annual meeting, second Tuesday in May. Books close for annual meeting 30 days pi
viously ; for dividends 30 days before payment of same. Dividends payable at Treasurer's
office, Grand Central Depot, New York City. Whole number of dividends paid to date, 12.
Interest on first mortgage bonds, payable at the Farmers' Loan and Trust Co., New York
City ; on second mortgage bonds at office of Treasurer, Grand Central Depot, New York.
Farmers' Loan and Trust Co., trustee of first mortgage bonds, and E. D. Worcester and I. P.
•Chambers, trustees of second mortgage bonds. Both issues of bonds are secured on the mail
line from Corning to Geneva. The firsts have an accumulative sinking fund of 1 per cent,
per annum, under which $22,600 were taken up during the past year. The New York Cen-
tral and Hudson River RR. Co. owns $662,600 of this company's stock and $105,000 of its 7
per cent, bonds.

Directors. — George J. Magee, John Lang, Daniel Beach, John Magee, Abraham S.
Stothoff, Watkins, N. Y. ; Austin Lathrop, Corning, N. Y.; Edwin D. Worcester, Dwight \V.
Pardee, Cbauncey M. Depew, Charles C. Clarke, E. V. W. Rossiter, Samuel F. Barger, New
York, N. Y.; James Tillinghast, Buffalo, N. Y.

GEORGE J. MAGEE, President Corning, N. Y.

John Lang, Vice- President Corning, N. Y.

Treasurer— ~E. D. Worcester New York City. | Secretary— I*. P. Miller Corning, N. Y.

Lessee's Officers See Corning, Cowanesque and Antrim Ry.

PRINCIPAL OFFICE AND ADDRESS Watkins, N. Y.

Transfer Office . . Corning, N. Y.

POOR'S MANUAL OF BAILBOADS. 599

TABOR AND NORTHERN RAILWAY COMPANY.

Line of Road,— Tabor to Malvern, la 9.06 miles.

•Gauge, 4 ft. 8^ in. Rail (iron), 35 and 47 Ibs.

History.— Chartered November 3, 1887; road opened December 20, 1889.

Rolling Stock, June 30, 1891. — Locomotive engine. 1. Cars — passenger, 1 ; baggage,
etc., 1— total cars, 2.

Operations for year ending June 30, 1891. — Trains run, 12,486 miles. Passengers car-
ried, 8,472 ; carried one mile, 67,776 ; average mile rate, 4.36 cents. Tons freight moved.
4,059 ; moved one mile, 37.272; average ton-mile rate, 12.51 cents. Earnings — passenger,
$2,958.75 ; freight, $4,663.89; mail, $402.12; express, $199.88— total, $8,219.64. Expenses
—transportation, $3,703.81; motive power and cars, $390; way and buildings, $2,487.28 ;
general, $1,568— total, $8,149.09. Net earnings, $70.55. Add other receipts, $13,344.10.
Available revenue, $13,414.65. Payments : Interest on debt, $2,624.05 ; other, $10,378.55—
total, $13,002.60. Balance, surplus, $412.65.

Financial Statement, June 30, 1891.— Capital stock ($50 shares), $-26,645.20 ; funded
debt, 1st mortgage 6 per cent. 10-yea? $100 and $500 coupon bonds, due January 1, 1900,
interest January and July ($40,000 authorized), $20,200 ; bills payable, $33,537.90 ; current
accounts, $227.74 ; rents unpaid, $478.32 ; interest unpaid, $1,818— total, $82,907.16. Contra :
Cost of road, $70,821.65 ; rolling stock, $4,090 ; real estate, $500 ; taxes, $1,500 ; stock un-
paid, $475; bills receivable, $310; current accounts, $696.85; surplus earnings, $412.65 ;
profit and loss, $4,101.01— total, $82,907.16.

Annual meeting, last Saturday in September, at Tabor, la. Stock may be voted immedi-
ately after transfer. Trustees of bond?, the directors. Registrar of stock, the Secretary.

Directors (elected September 26, 1891). — Thomas McClelland, Forest Grove, Wash. ;
William M. Brooks, A. S. Prouty, A. T. West, J. E. Todd, J. M. Barbour, P. B. Clark,
Tabor, la.

WILLIAM M. BROOKS, President Tabor, la.

J. E. Todd, Vice-president Tabor, la.

'•Sec. and Gtn. Man.—k. T. West Tabor, la. | Treasurer— 3 . M. Barbour Tabor, la.

PRINCIPAL OFFICE AND ADDRESS Tabor, la.

TALBOTTON RAILROAD COMPANY.

Line of Road. — Talbotton to Bostick, Ga 7 miles.

Sidings, 0.50 mile. Gauge, 5 ft. Rail, 60 Ibs.

History.— Chartered August 23, 1872 ; road opened May 4, 1881.

Rolling Stock. — Locomotive engine, 3; passenger car, 1 ; baggage, 1 ; box, 1 ; plat-
form, 1 — total cars, 4.

Operations for year ending June 30, 1891. — Train mileage, etc., not reported. Earnings
-passenger, $2,206.96 ; freight, $7,732.85; mail, $225.72 ; express, $670-total, $10,835.53.
•Operating expenses — transportation, $2,019.94; motive power, $2,371.83; maintenance of
way, $2,169.35; general, $855.61— total, $7,41673. Net earnings, $3,418.80. Payments :
Interest, $1,500 ; taxes, $295.68— total, $1,795.68. Surplus, $1,623.12.

Financial Statement, June 30, 1891.— Capital stock, $34,800 ; funded debt, 6 per cent.
30-year $1,000 coupon bonds, dated 1882, interest January and July, $25,000 ; profit and loss,
1,345.07— total, $61,145.07. Contra: Cost of road, $53,593.18; depot building, etc., $1,-
746.38; rolling stock, $5,452.07; cash, $353.44— total, $61,145.07.

Annual meeting, first Wednesday in May ; books close 60 days previously. Dividends
payable at Talbotton, Ga. W. M. Wadley, trustee of bonds ; W. H. Martin, registrar of
•stock.

600 POOR'S MANUAL OF RAILROADS.

Directors.— T. N. Gibson, H. H. Thornton, C. J. Thornton, M. Neal, W. K. Dennis,
Talbotton, Ga.

T. N. GIBSON, President Talbotton, Ga.

S. VV. Thornton, Secretary, Treasurer, and Superintendent, .Talbotton, Ga.
PRINCIPAL OFFICE AND ADDRESS Talbotton, Ga.

TAVARES AND GULF RAILROAD COMPANY.

Main Line of Road.— Tavares, Fla., to Oakland, Fla 28.0

Oakland Branch : Wait's Junction to Clermont, Fla 6.5 — 34.5 miles.

Gauge, 4 ft. 8| in. Rail (steel), 40 Ibs.

History. — Reorganization in April, 1890, of the Tavares, Apopka and Gulf RR. Co.,
whose property was sold under foreclosure in January, 1890. Work begun July 16, 1885 ;
road completed as above in 1890. The road is projected to run to Punta Rossa w'a Kissimmee
and Fort Thompson. There is a land grant of 9,226f acres per mile, making a total of
507,466 acres on 55 miles to Kissimmee City.

Rolling" Stock. — Locomotive engines, 3. Cars — ^passenger, 4; baggage, etc., 2 ; box, 4.

Financial Statement. — Capital stock paid in, $250,000 ; funded debt 1st mortgage 5 per
cent. 25-year $1,000 gold coupon bonds, due July, 1915, interest payable January and July,
$290,000— total stock and bonds, $540,000. Trustee, Mercantile Trust Co., New York, N. Y.

Directors (elected in January, 1890).— H. H. Jackson, New York, N. Y. ; Charles Tre-
maine, Oswego, N. Y. ; D. G. Ambler, James P. Talliaferro, Jacksonville, Fla.

HENRY H. JACKSON, President New York, N. Y.

Charles Tremaine, Vice- President Oswego, N. Y.

Secretary and Treas.—T). G. Ambler. Jacksonville, Fla. | Superintendent— W '. B. Tucker Orlando, Fla.

PRINCIPAL OFFICE AND ADDRESS. . Orlando, Fla.

TENNESSEE CENTRAL RAILROAD COMPANY.

Main Line of Road Projected. — Tennessee River to Nashville, Tenn 140 miles.

Completed : Spring City, Tenn., to Jewett, Teun 12 miles.

Sidings, 2 miles. Gauge, 3 ft. Rail, 40 Ibs. per yard.

History. — Chartered under the name of the Tennessee and Sequatchee Valley RR. Co.,
August 20, 1880 ; road opened as above August 31, 1882. Purchased by the present corpor-
ation in December, 1888. This is a coal road ; no separate account is kept of operations, etc.

Rolling Stock, June 30, 1889.— Locomotive engine, 1. Cars— coal, 22 ; caboose, 1.

Financial Statement.— Capital stock, $100,000 ; funded debt, 1st mortgage 6 per cent.
10-year bonds, dated July 1, 1881, interest payable January and July, $100,000— total, $200,-
000. Contra: Cost of road, $241,766.72 ; rolling stock, $13,040— total, $254,806.72.

Trustee of bonds, Thomas McDougall, Cincinnati, 0.

Directors. — Charles Clinton, Charles E. Sampson, Peter V. Mooney, Spring City, Tenn.
E. D. Albro, W. H. Justice, Cincinnati, O.

CHARLES CLINTON, President and General Manager Spring City, Tenn.

Peter V. Mooney, Secretary and Treasurer Spring City, Tenn.

PRINCIPAL OFFICE AND ADDRESS Spring City, Tenn.

TENNESSEE MIDLAND RAILWAY COMPANY.

Line of Road Projected.— Memphis, Tenn., to Virginia State Line, about. .515.0 milt

In Operation : Memphis, Tenn., to Perry ville, Tenn 135.6 milt

Sidings, etc., 10.13 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History.— Chartered December 29, 1886. Construction begun in 1887, and road opene
to Jackson, 85.5 miles from Memphis, June 1, 1888 ; as above, in June, 1889. Grading
now in progress between Perryville and Nashville, 92 miles. On May 30, 1891, this compai

POORS MANUAL OF RAILROADS.

601

completed its own track on Broadway, in Memphis, and discontinued the use of the K. C. F. S.
\- M. lUl. t'o.'s track.

Rolling Stock, June 30, 1891. — Locomotive engines, 7. Cars — passenger, 5; baggage,
mail, and express, 3 ; freight (box, 100 ; stock, 3 ;;platform, 80), 183 ; caboose, 4 ; other, 36—
total cars, 231. The company also owns 1 steam shovel and 1 steam pile driver.

Operations for year ending June 30, 1891. — Train mileage and traffic statistics not
reported.

Comparative statement of earnings and expenses, years ending June 30, 1890 and 1891 :

EARNINGS.

1890-91

1889-90

EXPENSES.

1890-91

1889-90

Freight

1

144,041 69
57,582 83
6,603 72
3,313 38

2,688 03

S
126.803 88
65,095 88
6,533 75
3,240 66
3,219 14

Transportation..

48,545 55

3iu;% 10

40.4SO 30
7,53496
18,618 68

S

37.531 58
37.30U 13
45,064 58
6.305 28
18,951 47

Pa^en^er

Motive Power

Mail ° *

Maintenance of Way. .

Express.^

Maintenance of Cars

Miscellaneous

General Expense?

Total Earnings .

Total Expenses
Expenses per mile

214,229 64
1,581 03

304,888 31
1,512 05

151,875 59
1,12085

145,162 04
1,07130

Earnings per mile

Net earnings, 1890-91 ($460.18 per mile ; 29.10 percent,), $62,354.05. Payments : Inter-
est on bonds, $130,200 ; taxes, $9,394.18 ; rental (K. C., F. S. & M. RR. track), $1,800 ; insur-
ance, $739.51— total, $142,133.69. Balance, deficit, $79,779.64. Surplus forward, $80,281.16 ;
net surplus, $501.52.

Financial Statement, June 30, 1890.— Capital stock, $3,390,000 ; funded debt (see
below), $4,068,000 ; bills payable, $54,448.27 ; current accounts, $34.754 92 ; first mortgage
interest liability, $151,900; profit aud loss, $501.52— total, $7,699,604.71. Contra : Cost of
road, etc., $6,594,138.25 ; rolling stock, $192,272.92 ; real estate, $240,000 ; stocks and bonds
owned, $644,000; materials and fuel on hand, $7,389.56 ; other cash assets, $265 ; bills receiv-
able, $1,016.50 ; current accounts, $15,041.36 ; cash on hand, $5,481.12— total, $7,699,604.71.

Capital stock (par, $100) authorized at the rate of $25,000 per mile of main track, or
$3,390,000 on completed road, of which $3,146,000 is outstanding, leaving $244,000 un-
issued.

Funded debt consists of 1st mortgage 5 per cent. $1,000 50-year bonds, coupon with
privilege of registration, dated November 1, 1887, interest payable May and November
(authorized, $20,000 per mile), $2,712,000; outstanding, $2,604,000; and second mortgage
income 0 per cent. $1,000 coupon (with privilege of registration) bonds, dated January 1,
1888, interest January and July, authorized ($10,000 per mile), $1,356,000 : outstanding,
$1,064,000. None of the income bonds has, as yet, been executed. The $1,064,000 contracted
to be delivered is the balance due for the construction of the road.

Annual meeting, first Wednesday in December, at Memphis, Tenn.; books close about
ten days previously. Trustee of bonds, Central Trust Co., New York, N. Y. Interest pay-
able at New York agency.

Directors (elected December 2, 1891).— A. S. Buford, R. H. Temple, R. L. Traylor, M.
M. Gilliam, Richmond, Va.; J. H. Allen, St. Louis, Mo.; John Overtoil, Jr., D..T. Porter, J.
C. Neely, T. J. Latham, Memphis, Tenn.

JOHN OVERTON, JR., President Memphis, Tenn.

R. L. Traylor, Vice-President and Secretary Richmond, Va.

Treasurer & Asst. Sec.— P. L. Jones. . .Memphis, Tenn. | Chief Engineer— R. H. Temple Richmond, Va.

PRINCIPAL OFFICE AND ADDRESS Memphis, Tenn.

Transfer Office . .Richmond, Va.

TENNESSEE RIVER, ASHVILLE AND COOSA RAILROAD COMPANY.

Projected Line of Road.-— Anniston, Ala., to Sheffield, Ala 189 miles.

Completed : Whitney, Ala., to Ashville, Ala 4 miles.

Gauge, 4 ft. 8^ in. Rail (steel), 60 Ibs.

602 POOR'S MANUAL OF RAILROADS.

History.— Chartered December 9, 1890.

Rolling Stock.— Locomotive engine, 1. Cars — passenger, 2 ; freight, 10 ; flat, 10.

Operations. — Not reported.

Financial Statement, March 1, 1892. — Capital stock authorized, $500,000 ; subscribed,
$200,000 ; paid in, $125,000. Cost of road and equipment, $125,000. Annual meeting,
January 5.

Directors. — Andrew Johnson, Robert H. Williams, Chattanooga, Tenn. ; L. F. Box,
James A. Embry, Ashville, Ala.

ANDREW JOHNSON, President Chattanooga, Tenn.

Robert H. Williams, Secretary and Treas Chattanooga, Tenn.

PRINCIPAL OFFICE AND ADDRESS Chattanooga, Tenn.

TERRE HAUTE AND PEORIA RAILROAD COMPANY.

Line of Road.— Terre Haute to Peoria, 111 144.39 miles.

Lines operated under contract :

Terre Haute and Ind. RR. : Terre Haute to Farrington 6.50

Illinois Central RR. : I. C. Junction to Maron 15.11

Tol., Peoria and W. RR. : Farmdale to Peoria 6.00— 27.61 miles.

Total length of railroad operated, June 30, 1891 172.00 miles.

Sidings, 13.07 miles. Gauge, 4 ft. 8| in. Rail (steel), 56 Ibs.

History. — The property of the Illinois Midland RR. Co., a consolidation, September 19,
1874, of the Paris and Decatur, the Peoria, Atlanta and Decatur, and the Paris and Terre
Haute RR. Co., was sold under foreclosure September 30, 1836, and the present company
organized February 7, 1887. (For a complete history of the Illinois Midland RR. Co., see
page 505 of the MANUAL for 1886).

Rolling Stock, June 30, 1891. — Locomotive engines, 13. Cars — passenger, 6 ; baggage,
mail, and express, 6 ; freight (box, 95 ; stock, 24 ; flat, 11 ; coal, 64), 194 ; caboose, 9 ; other,
10— total cars, 225.

Operations for year ending June 30, 1891. — Train mileage not reported. Passengers
carried, 139,200. Tons freight moved, 242,629.

Earnings.— Passenger $93,108 71

Freight 244,039 90

Mail and Express 17,544 95

Miscellaneous . . *260 55

Total ($2,060.65 per mile) $354,433 01

Expenses.— Transportation $104.358 03

Maintenance of Equipment 26,833 09

Maintenance of Way, etc 50,586 79

General . . . 67,277 53

Total ($1,447.82 per mile) $249,025 44

Net earnings (29.74 per cent.), $105,407.57. Payments : Interest on bonds, $90,000 ;
taxes, $13,025.11— total, $103.025.11. Balance, surplus, $2,382.46.

Financial Statement, June 30, 1891.— Common stock, $3,240,000 ; preferred stock,
$2,160,000 ; funded debt (1st mortgage 5 per cent. $1,000 50-year gold bonds, due March 1,
1937, interest payable March and September), $1,800,000 ; bills payable, $14,651.69 ; current
accounts, $9,344.01 ; pay rolls and taxes, $12,138.76 ; improvements to road paid out of earn-
ings, $52,063.54 ; profit and loss, $58,385.55— total, $7.346,583.55. Contra: Cost of road,
equipment, etc., $7,252,063.54 ; bills receivable, $4,841.89 ; current accounts, $17,675.42;
cash on hand, $31,391.85 ; balance, $40,610.85— total, $7,346,583.55.

Annual meeting in January, at Decatur, 111.

Directors. — C. W. Fairbanks, E. Jacoby, Indianapolis, Ind. ; I. H. Burgoon, Decatur,
111. ; J. W. Bunn, Springfield, 111. ; C. O. Chesnut, Paris, 111.

C. W. FAIRBANKS, President Indianapolis, Ind.

Secretary— Frank J. Richmann Indianapolis, Ind. Treasurer— Wilberforce Sully New York. N. Y.

G.Man. & A. Treas.— I. H. Burgoon Decatur, 111. Auditor— W. M. Strange Decatur, 111.

PRINCIPAL OFFICE AND ADDRESS Decatur, 111.

Transfer Office New York City.

* Debit.

POOR'S MANUAL OF RAILROADS. 60S

TEXARKANA AND FORT SMITH RAILROAD COMPANY.

Line of Road.— Texarkana, Tex., to Little River, Ark 28 miles.

Sidings, 4 miles. Gauge, 4 ft. 8£ in. Rail (steel, 28 miles), 45 and 56 Ibs.

History.— Chartered June 26, 1885. Road opened February, 1886. Projected to run
from Texarkana, Tex., to Fort Smith, Ark., a distance of 198 miles.

Rolling Stock, June 30, 1891.— Locomotive engines, 3. Cars — passenger, 1 ; freight
(platform), 10; caboose, 1— total, 1'2.

Operations for year ending December 1, 1890 (latest reported}. — Train mileage — passen-
ger, 18,480; freight, 18,480— total, 36,960. Passengers carried, 5,280 ; carried one mile, 12,-
250. Tons freight moved, 104,323 ; moved one mile, 185,520. Earnings — passenger, $3.-
168.20 ; freight, $45,250— total, $48,418.20. Operating expenses, $30.775. Net earnings,
$17,643.20.

Financial Statement, September 30. 1889 (latest furnished}. — Capital stock (authorized,
$4,000,000 ; par, $100) paid in, $400,000. Contra : Cost of road and equipment, $530,000.
There are outstanding $250,000 1st mortgage 6 per cent, bonds.

Annual meeting, first Monday in January ; books close 30 days previously.

Directors (elected September 25, 1891).— W. L. Whittaker, Wra. Buchanan, A. L. Ghio,
B. F. E^tes. F. M. Henry, Wm. Behan, J. H. Bemis, Texarkana, Tex. ; A. J. Tullock,
Leaven worth, Kan.

W. L. WHITTAKER, President Texark«na, Tex.

J. H. Bemis, Vice-President Jefferson, Tex.

Generul Superintendent— J. Y. Burke. .Texarkana, Tex. j Chief Engineer— J. E. Dougherty Texarkana, Tex.

PRINCIPAL OFFICE AND ADDRESS Texarkana, Tex.

TEXAS CENTRAL RAILWAY COMPANY.

Main Line of Road.— Ross, Tex., to Albany, Tex 178

Northeastern Divi&iofi : Garrett to Roberts 52 — 230 miles.

Sidings, 11.39 miles. Gauge, 4 ft. 8* in. Rail (iron), 56 Ibs.

History. — Incorporated May 28, 1879. Charter amended 1881. The charter authorizes
the construction of the main line to the northern boundary of Texas, with a branch line to-
the northeastern border. Placed in receiver's hands in April, 1885. Road sold under fore-
closure April 22, 1891, and purchased by Charles Moran, C. B. Gould, and H. K. McHarg, of
New York, N. Y., for $750,000. In September, 1891, the terms of sale having been complied
with, application was made to the U. S. Circuit Court for the possession of the property
then operated by the Houston and Texas Central Ry. Co.

Rolling: Stock. — Locomotive engines, 10. Cars — passenger, 8 ; baggage, mail, and ex-
press. 3 ; freight (box, 160; platform, 96), 256 ; cabo<>se, 4 ; total cars, 271.

Operations for year ending September 30, 1891. — Train mileage — passenger, 9,880 ;
freight, 44,030 ; mixed, 158.930 ; other, 65,460 — total, 278,300 miles. Passenger statistics
not reported. Tons freight moved, 107,201. Gross earnings, $300,781.82. Operating ex-
penses, $338,128.65. Deficit from operations, $37,346.83.

Directors.— Not reported.

CHARLES HAMILTON, General Manager Waco, Tex.

Auditor and Cashier— Richard Oliver Waco, Tex. I Gen. Fgt. and Past. Agt.— Robert Bell . . . .Waco. Tex.

PRINCIPAL OFFICE AND ADDRESS Waco, Ter.

TEXAS, SABINE VALLEY AND NORTHWEST RAILWAY COMPANY.

Main Line of Road Projected.— Sabine Pass to Red River 350 miles.

Completed : Longview Junction, Tex., to Carthage, Tex 38 miles.

Sidings, 2 miles. Gauge, 4 ft. 8* in. Rail (steel, 18 m.;, 30, 40, 50, and 56 Ibs.

History.— On May, 8, 1888, the Galveston, Sabine and St. Louis Ry., from Longview-
Junction to Tatum, 22 miles, was purchased at foreclosure sale bv a committee of the bond-

604

holders, and subsequently conveyed to the present company, which had, under a contract
with the Texas Construction Company, built the extension from Tatum to Carthage, com-
pleting it March 17, 1888. (See MANUAL for 1888, page 825.)

Rolling Stock, June 30, 1891. — Locomotive engines, 4. Cars — passenger, 3; freight (box,
2 ; platform, 21; caboose, 1), 24 ; other cars, 5 — total cars, 32.

Operations for year ending June 30, 1891. — Train mileage (mixed), 27,746 miles. Pas-
sengers carried, 14,969 ; carried one mile, 241,033; average mile rate, 2.73 cents. Tons freight
moved, 37,482 ; moved one mile, 837,054; average ton-mile rate, 5.12 cents.
Earnings.— Passenger $0,596 65 | Expenses.— Transportation $17,614 34

Freight 42,898 94

Mail 2,932 86

Miscellaneous 2,425 38

Total ($1,443.52 per mile) $54,853

Motive Power and Cars 3,928 70

Maintenance Way and Buildings. 9,560 48
General . 5,89882

Total ($973.75 per mile) $37,002 34

Net earnings (32.54 per cent.), $17,851.49. Payments : Interest on bonds, $23.750 ;
taxes, $2,235.88 ; permanent improvements, $613.56 — total, $26,599.44. Balance, deficit>
$8,747.95 ; deficit forward, $57,992.64— total deficit, $66,740.59.

General Balance Sheet, June 30, 1891 (Incomplete}.

Cost of Road $469,272 27

Cost of Rolling Stock 18,131 50

Materials and Fuel on Hand 500 00

Bills Receivable 420 55

Current Accounts 5,079 55

Cash on Hand 2,783 26

Profit and Loss . . , 66,740 59

Total Assets $562,927 72

Capital Stock $475,000 00

Funded Debt Outstanding 475,000 00

Bills Payable 2,000 00

Current Accounts 3,498 95

Matured Interest Coupons 70,12500

Total Liabilities $1,025,623 95

Funded debt consists of 1st mortgage 5 per cent. 50-year $1,000 coupon bonds, due July
1, 1938, interest payable January and July ; authorized at rate of $12,500 per mile.

Annual meeting, third Saturday in October, at Longview, Tex. Trustee of bonds,
Farmers' Loan and Trust Co., New York, N. Y.

Directors (elected October 22, 1891).— F. M. Larchar, E. S. Larchar, Austin Gallagher,
New York, N. Y. ; R. J. Evans, G. T. Merrill, J. W. Yates, J. M. Mobberly, Longview, Tex. ;
T. E. Clemmons, W. F. Herbert, Jr.

E. S. LABCHAR, President 15 Wall Street, New York, N. Y.

R. J. Evans, Vice-President and General Manager Longview, Tex.

Sec. tfe Treas.—W. Herbert, Jr New York, N. Y. | Auditor— H. E. Phillipa Longview, Tex.

PRINCIPAL OFFICE AND ADDKKSS Longview, Tex.

New York Office 15 Wall Street, New York, N. Y.

TEXAS TRANSPORTATION RAILROAD COMPANY.

Line of Road. — Houston, Tex., to Clinton, Tex 7.9 miles.

Sidings, etc., 1.4 miles. Gauge, 4 ft. 8£ in. Rail (steel), 60 Ibs.

Rolling Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 3 ; baggage,
mail, and express, 1 ; freight (box, 20 ; platform, 5), 25 — total cars, 29.

Operations for year ending June 30, 1891.— Train mileage (mixed), 27,000 miles. Pas-
sengers carried, 2,210 ; carried one mile, 17,259 ; average mile rate, 3.20 cents. Tons freight
moved, 775 ; moved one mile, 6,123 ; average ton-mile rate, 5.54 cents. Earnings — passen-
ger, $552.30 ; freight, $339.35 ; miscellaneous, $8,403.99— total, $9,295.64. Operating
expenses, $11,509.94. Loss from operation, $2,214.30. Paid taxes, $1,173.05. Deficit for
year, $3,387.35 ; deficit forward, $7,390.69— total deficit, $10,778.04.

Financial Statement, June 30, 1891.— Capital stock (authorized, $200,000) paid in, $28,-
400 ; bills payable, $345,621.69 ; current accounts, $334.50 ; other liabilities, $528.49— total,
$374,884.68. Contra: Cost of road, etc., $364,006.88; current accounts, $99.76; profit and
loss, $10,778.04— total, $374,884.68.

Annual meeting, first Monday in April, at Houston, Tex.

POOB'S MANUAL OF RAILROADS. 605

Directors.— A. C. Hutchinson, New Orleans, La.; E. W. Cave, J. J. Atkinson, Houston,

A. C. HUTCHIXSOX, President New Orleans, La.

E. W. Cave, Vice-P "resident Houston, Tex.

Secretary and Treat.— L. Megget Houston, Tex. | Superintendent— Charles Everehade Houston, Tex»

PRINCIPAL OFFICE AND ADDRESS Houston, Tex.

TEXAS TRUNK RAILROAD COMPANY.

Line of Road.— Dallas. Tex., to Sabine Pass, Tex 300 miles'

In operation : Dallas to Cedar 51 miles'

Sidings, etc., 0.5 mile. Gauge, 4 ft. 8£ in. Rail, 50 Ibs.

History. — Chartered November 6, 1879 ; road opened to Kaufman in August, 1881 ; to
Cedar in 1883. On December 5, 1881, the road was placed in the hands of a receiver on appli.
cation of floating debt holders. The road was sold under foreclosure May 1. 1883. Receiver
appointed in September, 1891. It is proposed to connect the road at Dallas with the Houston
and Texas Central Ry.. and receiver's certificates to the amount of $12,000 have been authorized
for that purpose.

Rollins: Stock. — Locomotive engines, *2. Cars — platform, 9 ; other, 4.

Financial Statement, September 30, 1889.— Capital stock, $750,000. Funded debt
$1,000,000 first mortgage 5 per cent. 30-year bonds, dated August 30, 1888, due 3ctober l'
1918, interest payable April and October. Trustee, Central Trust Co., New York, N. Y.

Directors.— W. W. Weigley, Philadelphia, Pa. ; F. L. Russ, S. H. Kneeland, New York
City ; W. V. Leake, T. L. Marsalis, J. E. Schneider, W. G. Mowry, Dallas, Tex.

CHARLES DILLINGHAM, Recdi-er Dallas, Tex.

S. H. KXEELAND, President 29 Broad St., New York, X. Y.

!'>'t*i>!(fif—3. E. Schneider Dallas, Tex. I Secretary— P. A. Tucker Dallas, Tex.

indCfen.Man.—W.G.l&owtj L | General Superintendent — J. D. Tranimell. .

PRINCIPAL OFFICE AND ADDRESS Dallas, Tex.

TEXAS WESTERN N.-G. RAILWAY COMPANY. (In Progress.)

Line of Road.— Houston, Tex., to Presidio del Norte, Tex 600 miles.

'<t.tion : Houston, Tex., to Scale}', Tex 53 miles.

Sidings, etc., 1 mile. Gauge, 3 ft. Rail, 35 Ibs.

History. — Amended charter January 18, 1875. Opened to Patterson August 14,1878.
This road was for a considerable time in the hands of the trustees. In 1880 the company
was reorganized. Road sold May 5, 1885, to satisfy a judgment. At Sealey connection is
made with the Gulf, Colorado and Santa Fe RR. The company has the usual State laud
grant of 10,240 acres per mile.

Placed in the hands of a receiver in October, 1886. Sold under foreclosure May 6, 1889,
and purchased for $200,000 by Elijah Smith, who assumed possession early in 1890.

Rolling Stock. — Locomotives, 2. Cars — passenger, 1 ; baggage, 1 ; freight, 41.
J. H. GRAY, General Manager Houston, Tex.

PRINCIPAL OFFICE AND ADDRESS Houston. Tex.

TIOGA RAILROAD COMPANY.

Main Line of Road.— New York State Line to Arnot, Pa 42.83 miles.

Jlorris Run Branch : Blossburgh, Pa. , to Morris Run, Pa 3.56 miles.

Leased • \Arnot and Pine Creek RR.: Arnot Junction to Hoytviile, Pa. . .11.83

1 ~t Elmira State Line RR.: Junction N. C. Ry. toPeim. State Line 6.50—18.33 miles.

Total length of lines owned, leased, and operated 64.72 miles.

606 POOR'S MANUAL — TIOGA RR. CO.

Sidings, etc., 24.76 miles. Gauge, 4 ft. 8* in. Rail (steel, owned, 46.39 ; leased, 8.03 miles),
50, 60, 66, and 74 Ibs.

History.— Chartered April 12, 182*8, under the name of the Tioga Navigation Co., and
authorized to build a railroad or a canal. A flat rail, laid on wooden sills, was used until
1840. In 1851 the company was reorganized under present title, and the road rebuilt. The
Elmira State Line RR. (leased) connects the road with the Northern Central Ry. In 188'^
the Tioga RR. passed under the control of the New York, Lake Erie and Western RR. Co.

Rolling Stock, June 30, 1891. Locomotive engines, 12. Cars — passenger, 7 ; baggage,
etc., 3 ; freight (box, 21 ; platform, 118 ; coal, 497 ; caboose, 3), 649 ; other cars, 24— total, 673.

Operations for year ending June 30, 1891.— Train mileage, passenger, 82,816 ; freight,
99,685 ; mixed, 40,271 ; other, 51,513— total, 274,285 miles. Passengers carried, 156,120 ; car-
ried one mile, 2,336,922 ; average mile rate, 2.42 cents. Tons freight moved, 816,430 ; moved
one mile, 27,315,629 ; average ton-mile rate, 0.75 cent.

Expenses.— Transportation $53,738 45

Motive Power 56,940 40

Maintenance of Cars 11,719 96

Maintenance of Way & Buildings 37,912 78

General 4,367 76

Total ($4,212.26 per mile) $272,617 61 ! Total ($2,527.57 per mile) $164,679 35

Net earnings (39.59 per cent.), $107,938.26. Payments : Interest on bonds, $50,475;
rentals (Elmira State Line RR., $2,044; Arnot and Pine Creek RR., $12,750), $14,794; taxes,
$1,343.73— total, $66,612.73. Balance, surplus, $41,325.53. Surplus forward, $2,368,814.30
— total surplus as per general balance sheet, $2,410,139.83.
Statement of gross and net earnings for ten years :

1882 1883 1884 1885 1886 1887 1888 1889 1890 1891

Gross Earnings.$562,336 $524,171 $389,841 $350,192 $398,569 $374,963 $332,692 $307,559 $294,332 $272,618
Net Earnings... 260,670 257,966 142,021 181,873 172,246 145,032 196,207 122,571 64,464 107,938

General Balance Sheet, June 30, 1891.

Earnings.— Passenger $56,631 34

Freight 205,406 97

Mail 4,584 72

Express 1,989 66

Miscellaneous . . . 4,004 92

Cost of Road and Equipment $1,474,521 93

Eeal Estate and Buildings 39,391 90

Stocks and Bonds Owned 1,000 00

Arnot and Pine Creek RR. Additions 3,350 74

Open Accounts 2,306,407 42

Total Assets $3,824,671

Common Stock paid in (par, $50) $391,200 00

Preferred Stock paid in (par, $50) 189,700 00

Funded Debt Outstanding 789,500 00

Interest, Rentals, and Current Accounts. . . 14,932 16

Elmira State Line RR. Stock 29,200 00

Profit and Loss 2,410,139 83

Total Liabilities $3,824,671 99

Funded debt ($789,500) consisted, June 30, 1891, of :

1st mortgage 5 per cent. $500 and $1,000 coupon bonds, Interest May and NOT., due Nov. 1, 1915 $289,500

3d rail mortgage 7 per cent. 20-year $1,000 coupon bonds, interest May and Nov., due November 1, 1896. . 125,000
Tioga RR. Extension 7 per cent. 30-year $1.000 coupon bonds, interest April and Oct., due Oct. 1, 1905 . . 265,000
Elmira State Line 7 per cent. 30-year $500 and $1,000 coupon bonds, int. April and Oct., due Oct. 1, 1905. . 160,000

The first mortgage bonds matured in 1882, and were extended to November 1, 1915.
Interest on 1st mortgage bonds payable at Newbold's Sons & Co.'s office, Philadelphia, Pa.;
on 3d rail mortgage, at 21 Cortlandt Street, New York, N. Y.; on Tioga Extension and on
Elmira State Line bonds, at Chemung National Bank, Elmira, N. Y. Annual meeting, first
Monday in November, at Elmira, N. Y. ; transfer books close thirty days previously.

RAILROADS OWNED OR LEASED BY THE TIOGA RAILROAD Co.

ARNOT AND PINE CHEEK RAILROAD.— Arnot June., Pa., to Hoytville, 11.83 miles-total
track, 15.33 miles. Rail, 56 Ibs. Chartered January 12, 1881 ; road opened July 1, 1882. Leased for 99 years to
the Tioga RR. Co., at a rental equalling 5 per cent, on the cost of construction. Rental, 1891, $12,750. Capital
stock, $255,000 ; current liabilities, $3,350.74— total, representing co#t of road, $258.350.74. SAMUKL HINKS, f'rfxi-
dent, Scranton, Pa.; A. R. Macdonough, Secretary ; Edward White, Treasurer, New York, N. Y. CORPORATE
OFFICE, Blossburph, Pa.

ELMIRA STATE LINE RAILROAD.— Northern Central Junction, N. Y., to State Line of Pa.,
6.50 miles ; sidings, etc., 2.75 miles. Rail (steel, 6.5 miles), 56 to 64 Ibs. Chartered April 21, 18?<J ; road opened
November 17. 1876. Leased to the Tioga RR. Co., furnishing the northern outlet of the Blossburgh coal region.
Rental, $13,244, equal to interest on bonds, $11,200, and 7 per cent, guaranteed dividend on $29,200 stock, $:.'.<> tl
paid semi-annually directly to bond and stockholders. Financial Slab'uient, Juno 30, 1891. — Capital stock, $'M.-
200 ; funded debt, 1st mortgage 7 per cent. 20-year bonds, due October 1. 1905, $160.000 ; total stock and bonds,
$250,200. Contra: Cost of road, $189,200; due by Tioga RR. Co., $61,000— total, $250.200. JOHN KIN<;, Presi-
dent; A. R. Macdonough, Secretary ; Edward White, Tre.<n*nr?r. CORI-OKATK OFFICE, New York, N. Y.

POOR'S MANUAL OF RAILROADS. 607

Board of Directors, Tioga RR. Co., elected November 30, 1891.

John Kino- . . New York, N. Y. I Ogden Mills New York, N. Y. I Andrew Donaldson. New York, N. V.

.1 Q. McCntlongh . " " " H. H. Cook ' Geo. W. Quintard. .

VVm A. Wheelock I William Libbey ... " " " I S. T. Reynolds Elmira, N. Y.

II. \V. Rathbone.... Elmira. 'N. Y. | F. N. Drake. .Corn in <r. X. Y.

JOHN KING, President New York, N. Y.

A. It. Macdonough New York. N. Y. Trni* >/>•*>•— Edward White New York, N. Y.

PRINCIPAL AND TRANSFER OFFICE 21 Cortlandt Street, New York, N. Y.

TIONESTA VALLEY RAILROAD COMPANY.

Main Line of Road.— Sheffield, Pa., to Sheffield Junction, Pa 13.00

es Branch : Brookston to Murphy, Pa 5.00

Run Extension : Point to Coon Kun, Pa 2.50

( Cherry Grove RR : Sheffield to Garfield 11.00

I Sheffield and Spring Creek RR. : Sheffield June, to Duhrings. 9.50—41.00 miles,
lings, etc., 6.5 miles. Gauge, 3 ft. Rail (steel), 35 Ibs.
History. — Chartered in 1881 ; road opened same year.

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 1 ; baggage,
, 1 ; freight, 157 ; other, 1— total cars, 160.

Operations for year ending June 30, 1891. — Train mileage — passenger, 32,800 ; freight,
.230— total, 47,030 miles. Passengers carried, 19,452 ; carried one mile, 252,872. Tons
freight moved, 76,265 ; moved one mile, 911,504. Earnings — passenger, $12,643.60 ; freight,
$60,708.30; mail, $545.48 ; express, $751.70— total, $74,649.08. Operating expenses, $48,-
258.05. Xet earnings, $24,871.95. Sundry payments, $1,519.08. Surplus, $23,352.87.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $100,000 ; current liabili-
ties, $60,178.95; profit and loss, $88 081.26— total, $248,260.21. Contra: Coat of road,
$167,649.78 ; equipment, $76,577.90 ; cash and current assets, $4,032.53— total, $248,260.21.
Annual meeting, second Wednesday in January, at Sheffield, Warren Co., Pa.

RAILROADS OWNED OR LEASED BY THE TIOXESTA VALLEY RAILROAD Co.

CHERRY GROVE RAILROAD.— Sheffield, Pa., to Garfield, Pa., 11 miles. Chartered in 1883 : road
completed and opened in the fall of 1884. Leased December 1, 1RS4, to the Tionesta Valley RR. Co. Capital
stock (par, $50), representing cost of road, etc., $50,000. WALTER HORTON, President; Charles Siegel, Treasurer;
Jerry Crary, Secretary and Superintendent. CORPORATE OFFICE, Sheffield, Pa.

SHEFFIELD AND SPRING CREEK RAILROAD.— Sheffield Junction to Duhrings, S miles.
Chartered August 19, 1884 ; road opened January 1. ISsa. Leased December 1, 1884, to the Tionesta Valley RR.
Capital stock authorized, $100,000 : paid in, $3,000. WALTER HORTON, President ; Charles Siegel, Treasurer ;
Jerry Crary. Secift<tnj '//«/ General Superintendent. CORPORATE OFFICE, Sheffield, Pa.

Directors of the Tionesta Valley Railroad Co., elected January 10, 1891.

Jerry Crary. . . ... Sheffield, Pa.

< ' - W. R. Radeker

J. H. Horton... " "

George Horton Sheffield, Pa.

Isaac Horton " "

J. P. Schoellkopf. ..Buffalo, N. Y.

John McXair Sheffield. Pa.

Webb Horton Middletown, N. Y.

One vacancy.

Webb Horton, Vice- Preside tit Middletown, N. Y.

Secretary and Gen. Supt.— Jerry Crary. . .Sheffield, Pa. j Treasurer— Charles Siegel ... ... Sheffield, Pa.

Auditor-^. H. Bailey Sheffield, Pa.

PRINCIPAL OFFICE AND ADDRESS.. . .Sheffield Pa.

TITUSVILLE, CAMBRIDGE AND LAKE ERIE RAILROAD COMPANY.

ProWtpd 1 inp« iir Rifiil • \ Tidioute to Erie> Pa 65

i Lines of Road . -j Emerprise to Brookville 61—126 miles.

Completed : Titusville, Pa., to Tannery, Pa 1.5 miles.

Gauge, 4 ft. 84- in. Rail (steel), 60 Ibs.

History.— Chartered March 28, 1887 ; road completed as above in 1890. Grading com-
pleted for a distance of 50 miles from Cambridge to Olcopolis, which will be ready for traffic
in 1892.

608 POOll'S MANUAL OF RAILROADS.

Financial Statement.— Capital stock (par, $50), $1,000,000. Estimated cost of projected
road, $2,500,000. No bonds.

Directors.— Charles Burton, F. P. Brown, C. F. Lake, H. F. Steele, Geo. Steele, Hiram.
Steele, Titusville, Pa.

A. H. STEELE, President 12 Broadway, New York, N.' Y.

Charles Burton, Vice- President Titusville, Pa.

Secretary— W. C. McKnight New York, N. Y. | Treasurer— Alfred Kellogg Titusville, Pn.

PRINCIPAL OFFICE AND ADDRESS Titusville, Pa.

New York Office 12 Broadway.

TOLEDO AND OHIO CENTRAL RAILWAY COMPANY.

Main Line of Road. -Toledo, 0., to Corning, 0 184.79 miles.

Columbia* Branch : Thurston to Alum Creek, 0 24.37 miles.

( L. S. & M. 8. Ry. : In Toledo, 0. (incl. in main line) 0.62

I C. &. M. V, Ry. : Bremen to New Lexington (incl. in main line). 11. 25
Trackage : •( P., G. & St. L Ry. : Alum Creek to Columbus, 0 4.64 miles.

I Kanawha & Michigan Ry. : South of Corning 13.48 miles.

t Col., Shawnee & Hocking Ry. : Glouster to Carrington . . .11.17 miles

Total mileage operated (owned, 197.27 miles), June 30, 1891 238.43 miles.

Sidings, etc., 70.35 miles. Gauge, 4 ft. 8£ in. Rail (steel, 225.75 miles), 56, 60, and 67 Ibs.

History. — This company was organized June 30, 1885, by the purchasers of the main
line and Columbus Branch of the Ohio Central RR. Co., whose property was sold under fore- |
closure April 15, 1885. (See MANUAL for 1888, page 535.) The Columbus, Shawnee & Hock
ing RR. Co. uses the Columbus Branch of this road, under lease for 99 years from Decembe
1, 1885.

The company made a contract in August, 1886, for the use of about 12 miles of th
northern end of the Kanawha and Ohio Railway (formerly Ohio Central RR., River Division
and on November 14, 1887, for use of Buckingham Branch. •

In October, 1890, a large interest in the Kanawha and Michigan RR. Co. was acquired b
parties interested in this company, and in February, 1891, the stockholders authorized an
directed the President and Secretary to enter into a contract to guarantee the bonds of tha
corporation.

Rolling- Stock, June 30, 1891. — Locomotive engines, 55. Cars — passenger, 11 ; com
bination, 4 ; baggage, etc., 4 ; freight (box, 651 ; platform, 78 ; stock, 9 ; coal, 3,977), 4,715
caboose, 36 ; other, 46 — total, 4,816. Since the close of the fiscal year 2 locomotives hav
been added by purchase.

Operations for year ending June 30, 1891. — Train mileage — passenger, 289,300 ; freight
1,025,828 ; other, 515,581— total, 1,830,709 miles. Passengers carried, 260,590 ; carried one
mile, 5,851,432 ; average mile rate, 2.29 cents. Tons freight moved, 1,864,565 ; moved one
mile, 233,358,266; average ton-mile rate, 0.553 cent.

Earnings.— Passenger $134,046 12

Freight 1,290,018 45

Mail anil Express ;>5,110 43

Miscellaneous 52,647 96

Total ($6,298.80 per mile) $1 ,501,822 96

Expenses.— Transportation $471,039 80

Rolling Stock 141 ,r»32

Maintenance Way & Buildings 302.«i90 60

General and Taxes'. 11S,:> 14 78

Total ($4,355.89 per mile) $1,033,807 49

Net earnings (31.16 per cent.), $468,015.47. Add interest on investments, $13,381/29
rentals, $19,636.74 — total available revenue, $501,033.50. Payments : Interest on bonds,
$150,000 ; on car trusts, $36,878.34 ; other interest, $14,702.53 ; rentals, $33,019.53; dividend
(on preferred stock, $138,950 ; on common, $29,010), $167,966 ; sundry accounts, $100 41—
total, $40*2,666.81. Balance, surplus, $98,366.69. Surplus forward, $616,318.84— total sur-j
plus, $714,685.53.

American Bank Note (Company,

78 TO 86 TRINITY PLACE, NEW YORK.

BUSINESS FOUNDED, 1795.— INCORPORATED UNDER LAWS OF STATE OF NEW YORK, 1858.— REORGANIZED, 1879.

ENGRAVERS i PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange, Letter Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IN THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES.

WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING.

Special papers manufactured exclusively for use

of the Company.

SAFETY COLORS. - - SAFETY PAPERS.

WORK EXECUTED IN FIRE-PROOF BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,

AND

ILLUMINATED SHOW CARDS

OF THE MOST APPROVED STYLES.
NUMBERED, LOCAL AND COUPON TICKETS, of any Size, Pattern, Style, or Device with Steel Plate Tints.

LITHOORAPMIC AND TYPE) PRINTINGS

SHOW CARDS, LABELS, CALENDARS.

Blank: Books of Every Description.

TRUSTEES :

JAMES MACDONOUGH, PRESIDENT.

AUG. D. SHEPARD,— VICE-PRESIDENTS— TOURO ROBERTSON.

THEO. H. FREELAND, SECRETARY & TREASURER.
JNO. E. CURRIER, ASST. SECRETARY. J. K. MYERS, ASST. TREASURER.

P. C. LOUNSBURY, JOS. S. STOUT, J. B. FORD,

T. H. PORTER, W. J. ARKELL, E. C. CONVERSE, ELLIOTT F. SHEPARf;

DAKOTA A

A S S| I N I B O J

AMERICAN BAN* NOTE CO. NEW YORK. 12.1 Lonzitude "Wes

KINESOTA.

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Wct^!Lf! ££EB/r' I NEW YORK.

INVESTMENTS IN RAILROAD BONDS A SPECIALTY.

Orders Executed on the New York and London Stock Exchanges.
CORRESPONDENCE INVITED.

POOR'S MANUAL — TOLEDO AND OHIO CENTRAL RY. CO.

609

Statement of operations and capital account for six years ending June 30 :

1886

1887

1888

1889

1890 1891

Miles Railroad Operated

213.85
226,718

550,444
834,872
162,032
3,679,031
773,963
100,575,279

84,677
577,361
16,951
19,001

225.85
293,568
679.365
1,024,238
181,679
4,458,203
1,079,353
141.414.417

s

97,032
793.725
18,169
52,481

236.85
328,382
815,224
1,585,582
197,366
5,293,269
1,249,979
173,242,607
$
110.719
959,670
19,619
77,569

235.45

278,272
780,351
1,500,889
224,236
5,762,612
1,302,461
173,467,780

123,092
954,616
24,652
61,458

235.45
275,546
957,120
1,687,680
237,836
5,553.928
1,659,291
219,686,589

125,126
1,168.888
24,443
70,293

238.43
289,300

1,02.5,828
1,830,709
260,590
5,851,432
1.864,565
233,358,266

134,046
1,290,019
25,110
52.648

1,501,823
471,040
141,532
302,691
118,545

usrer Train Miles
Freight Train Miles . ....

Pa-^en^er Mileage

Ton* Freight Moved

Earnings Passenger

Freight

Mail and Express

Miscellaneous

Gross Earnings
Expenses — Transportation

697,989
143,067
152,851
180,822
66,514

573,253
124,736
131,736
150,000
7,692
22,684

961,407
153,803
233,019
201,020
84,762

1,167,577
179,152

282,867
247,608
97,122

1,163.818
183,350
278,535
251.529
105,877

1,388.749
391,692
126,317
215,116
109,985

t Rolling Stock
Maintenance of Way
General ....

otal Expenses

672,603
288,804
303,043
150,000
28,054
26,457

806,749
360,827
372,827
150,000
51,698
25,979

819,292
344,526
345,023
150,000
37,088
7,669

843.111 1,033,808
545,638 468,015
576,398 501,034
150,000 150,000
31,636 51,581
30,133 33,019
92,625 167,966
556 100

larnings

able Revenue .

ents— Interest on Bonds
Other Interest

Rentals

Dividends ....

Other

438

otal Pavments

180,376
-48,640
3,264 68
2,681 26
583 42
82.13 p. c.
2.30C.
0.57c.

204,511
+ 98.533
4.257 78
2,987 75
1,270 03
69.97 p. c.
8,17 c.
0.56c.

227,677
+ 145.149
4.930 64
3,406 87
1,523 77
69.10 p. c.
2.09c.
0.55c.

195,195
+ 149.828
4,942 91
3.479 b'4
1,463 27
70.40 p. c.
2.14c.
0.55c.

304,950
+ 271,449
5.S98 28
3,580 85
2.317 43
60.71 D. c.
2.33'c.
0.53C.

402.666
+ 98.367
6,298 80
4,335 89
1,962 91
68.84 p. c.
2.29c.
0.55 c.

ce ( + or — )

Earnings per Mile
Gross Expenses per Mile. .

Net Earnings per Mile

Expenses to Earnings
Average Rate per Passenger per Mile
Average Rate per Ton per Mile

General Balance Sheet, June 30, 1891.

CostofRoad $8.014.04243 Common Stock (par value, $100) 84,849,00000

Cost of Rolling Stock 1,657.137 27 j Preferred Stock (par value, $100) 3.706,00000

. 3,008,000 00 | First Mortgage Bonds . 3,000,000 00

Stocks and Bon'ls Owned

Materials and Fuel on Hand. . .

98,328 78 { Car Trust Certificates

Current Accounts 166,345 00 j Bills Payable

Cash on Hand

Bills Receivable...

81,148 75 ; Coupons due July 1, 1891

49,504 53 ! Accrued Interest on Car Trusts

I Current Accounts

Profit and Loss. . .

493.839 63

41,307 58

75,000 00

1.225 01

193,449 12

714,685 53

Total Assets...

$13,074,506 81 L Total Liabilities $13,074,506 81

The preferred stock is a prior lien on surplus over fixed charges to the extent of five per
cent, or such other rate as can be paid, and after the payment of five per cent, on common
stock shall be entitled to an additional preference of two per cent., both classes to share pro
rata in any excess after payment of seven per cent, on total stock. During the fiscal year
1889-90, 2f per cent was paid on preferred stock, during the past fiscal year 3f per cent, was
paid on the preferred stock, and 1 per cent, ou common. In the calendar year 1891, 5 per
cent, was paid on the preferred and 2 per cent, on the common. Dividends payable at office of
the Central Trust Co., New York.

The bonds are of $1,000 each, coupon with privilege of registration, bear five per cent,
interest, payable in New York, semi-annually, January 1 and July 1, are dated July 1, 1885,
and payable in gold July 1, 1935. The mortgage is for $5,000,000, but no more than $3,000,-
000 can be issued, except by consent of three-fourths of the present bondholders. The Co-
lumbus, Hocking Valley and Toledo RR. Co. endorsed on the bonds their guaranty of the
interest, but in September, 1891, notified this company that the guaranty would be disre-
garded as no consideration had been given. Holders of bonds may vote at all meetings of
stock-holders of the company at the rate of one vote per $100 of bonds.
39

610 POOR'S MANUAL OF RAILROADS.

The reorganization scheme provided that no mortgage except the fiivt mortgage shall
ever be placed upon the railroad or its property, unless a majority in interest of the preferred
stockholders shall have first given their written assent thereto.

Article II. of mortgage provides that trustee shall at any time, when requested by holders
of one-fourth of the bonds, ascertain the condition of the railway and equipment, and shall
enforce the placing of same in good condition if necessary.

The car trust warrants are in three series. No. 2 ($291,187.50) dated January 1, 1887, No.
3 ($52,568.50) dated June 1, 1888, and No. 4 ($150,083.63) dated August 11, 1890 ; bear 7 per
cent, interest, payable quarterly, and principal payable in quarterly instalments.

Annual meeting, first Monday in September, at Toledo, O. Books close thirty days pre-
vious 10 annual meeting or to payment of dividends. Trustee of bonds, Central Trust Co. of
New York. Registrar of stock, Western National Bank, New York, N. Y. Stock and bonds
listed on New York Stock Exchange.

The board of directors of this company is divided into three classes, one class only being
elected annually, to serve for three years.

Board of Directors, elected September 1-, 1891.

C. J. Canda New York, N. Y.

J. S. Stanton

R. W. Hickox Cleveland, O.

Charles G. Hickox. . ..Cleveland, O.

J. M. Ferris Toledo, O.

W. B. Saunders Cleveland, O.

John F. Cline Toledo, O.

A.W.Scott

Stevenson Burke Cleveland, O.

STEVENSON BURKE, President Cleveland, O.

Charles G. Hickox, Vice-President Cleveland, 0.

Secretary and Treasurer— J . F. Cline Toledo, O. | General Manager— J. M. Ferris Toledo, O.

PRINCIPAL OFFICE AND ADDRESS Toledo, O.

Fiscal and Transfer Agency Central Trust Co., New York, N. Y.

TOLEDO, COLUMBUS AND CINCINNATI RAILWAY COMPANY.

Line of Road. — Toledo and Ohio Central Junction to Kenton, O 69.25 miles.

Completed, but not in operation : Kenton to Ridgeway 9.05 miles.

Trackage : T. & 0. C. Ry.t Toledo to T. C. & C. Junction 2.62 miles.

Total mileage owned and operated, June 30, 1891 80.92 miles.

Sidings, 19.35 miles. Gauge, 4 ft. 8^ in. Rail (steel, 100.27 miles), 56 and 60 Ibs.

History. — Organized June 1, 1889, to take over the property of the Toledo, Columbus
and Southern Ry. Co., which was sold under foreclosure October 16, 1888. An extension
via Maysville to Columbus is under construction.

Rolling Stock, June 30, 1891.— Locomotive engines, 10. Cars— passenger, 6; combi-
nation, 2 ; baggage, mail, and express, 1 ; freight (box, 75 ; flat, 100), 175 ; caboose, 4 ; other*
1— total cars, 189.

Operations for year ending June 30, 1891. — Train mileage — passenger, 125,445 ; freight,
76,560 ; other, 34,957 — total, 236,9(i2 miles. Passengers carried, 290,313 ; carried one mile,
4,125,307 ; average mile rate. 2.73 cents. Tons freight moved, 373,060 ; moved one mile, 12,-
149,703 ; average ton-rnile rate, 1.68 cents.

Earnings.— Passenger $112,458 84

Freight 203,63794

Mail and Express 8,088 21

Expenses.— Transportation $100,829 07

Rolling Stock 24,561 10

Maintenance Way & Buildings. . 61,1*5 43

Other 491 85 i General and Taxes 26,51621

Total ($4,517.56 per mile) $324,676 84 ! Total ($2,957.18 per mile) $212.532 SI

Net earnings (34.54 per cent.), $112,144.03; add other receipt*, $11.38— total net rev-
enue, $112,155.41. Paid rent of Toledo terminals, $7,516.24 ; interest on debt, $18,514.05—
total, $26,030.29. Balance, surplus, $86,125.12; surplus from last year, $'41,049.27— total
surplus, $227,174.81).

Annual meeting, first Monday in September, at Toledo. Books close 30 days previously.
Trustee of bonds and registrar of stock, Central Trust Co. of New York. Stock may be voted
after thirty days' ownership.

POOR'S MANUAL OF RAILROADS. 611

General Balance Sheet, June 30, 1891.

Cost of Road $3,737.915 88 Capital Stock (par, $100) $2,400,000 0)

•! lolling Stock 122.57899 Bills Payable 39,16816

Securities Owned 1,000 00 Current Accounts 80,l:J6 24

Materials and Fuel on Hand . . 11.94'J 30 Advances Account Extension 363,216 43

Bills Receivable 15,149 13 First Mortgage Bonds not yet Delivered . . 800,000 00

Current Accounts 15,626 90 Profit and Loss 227,174 39

Cash on Hand ... ... 5.475 02

Total Assets $3,899,695 22 Total Liabilities $3,8<»9,695 22

The funded debt consists of 1st mortgage 5 per cent. 50-year $1,000 coupon bonds, due
Julv 1, 1939, interest payable January and July, at the office of the trustee ; amount author-
ized. $'2 ,500, 000, of which $800,000 are issued but not yet delivered.

Directors (elected September 7, 1891).— Stevenson Burke, Ralph W. Hickox, Chas. G.
Hickox, Frank F. .Hickox, Cleveland, O. ; John H. Doyle, A. W. Scott, J. M. Ferris,
Toledo, O.

STEVENSON BURKE, President Cleveland, O.

v and Treasurer— John F. Cline ... Toledo, O. ] General Manager— 3. M. Ferris Toledo, O

Auditor— John Landgraf . Jr Toledo, O.

PRINCIPAL OFFICE Toledo, 0.

TOLEDO, PEORIA AND WESTERN RAILWAY COMPANY.

Main Line of Road. — Indiana State Line to Warsaw, 111 /. 219.8 miles.

Iowa Branch : La Harpe, III., to Iowa, 111 10.3 miles.

j Peoria and Pekin Union Ry. : Peoria to Hollis, 111 7.7 miles.

i: \ Chicago, Burlington and Quincy ER. : Iowa, 111., to Burlington, la.. 9.3 miles.

Total length of railroad owned and operated June 30, 1891 247.1 miles.

Sidings, etc., 36.1 miles. Gauge, 4 ft. 8| in. Rail (steel, 212.28 miles), 50 and 60 IDS.

History.— Organized in March, 1*87, to take over the property of the T., P. & W. RR.
Co., which was sold under foreclosure October '29, 1886. (See MANUAL for 1891).

Rollins: Stock, June 30, 1891. — Locomotive engines, 42. Cars — passenger, 12 ; combi-
nation, 5; baggage, mail, and express, 7; freight (box, 438; platform, 4; stock, 120; coal,
266 ; caboose, 16), 844 ; other cars, 12— total cars, 880.

Operations for year ending June 30, 1891. — Train mileage— passenger, 291,530; freight,
385,382 ; mixed, 81,864 ; other, 45,927— total, 804,703 miles. Passengers carried, 449,696 ;
carried one mile, 8,838,208 ; average mile rate, 2.74 cents. Tons freight moved, 582,325;
moved one mile, 39,054,506 ; average tou-mile rate, 1.46 cents.

Earnings.— Passenger §246,035 50

Freight 570,799 66

Mail 26,336 33

Express 30,000 00

Miscellaneous ... . 53,377 43

Total ($3,749.69 per mile) $926.548

Kxpenses.— Transportation $324,187 19

Motive Power and Cais 74,157 98

Maintenance Way & Buildings.. 147,384 69
General ... . 137,252 33

Total ($2,902.98 per mile) $682,982 19

Net earnings (26.29 per cent.), $243,566.73; add interest, $1,482.39— total available rev-
enue, $245,049.12. Paid interest on bonds, $192,000 ; on coupon scrip, $5,400 ; taxes, $34,
345.69 ; permanent improvements, $16,752.74— total, $248,498.43. Balance, deficit, $3,449.31.
Deficit forward, 1185,987.34— total deficit, as per general balance sheet, $189,436.65.

General Balance Sheet, June 30, 1891.

« of Road and Property $9.300.000 00 Capital Stock (par, $100) $4,500,000 00

Oash 102.09872 Funded DeDt Outstanding 4,800,00000

Current Accounts 41.62019 Interest Accrued 100,52480

Balance of Income Account 139.436 65 Coupon Scrip 135,000 00

Current Accounts 97,630 76

Total Assets $9,633,155 56 Total Liabilities 39.633.155 56

612 POOB'S MANUAL OF RAILROADS.

Funded debt consists of 1st mortgage 4 per cent. 30-year $1,000 coupon bonds, due July
1, 1917, interest payable January and July. Two-thirds of January and July, 1888, interest
was funded in 4 per cent, scrip, dated April 1, 1888, and payable in 5 years ; the other one-
third was paid in cash.

Annual meeting, second Monday in September, at Peoria, 111. ; books close thirty dayg
previously. Trustees of bonds, Charles Moran, Thomas Denny, and Cornelius B. Gold.
Registrar of stock, Corn Exchange Bank, New York, N. Y. Voting power attaches to stock
after 30 days' ownership. Stock and bonds listed on New York Stock Exchange.

Directors (elected September 14, 1891).— Charles Moran, Cornelius B. Gold, Joel E.
Fisher, Wm. H. Gebhard, New York, N. Y. ; E. N. Armstrong, E. D. Usner, W. 8. Horton,
Peoria, 111. ; John W. Bunn, E. F. Leonard, Springfield, 111.

CHARLES MORAN, Chairman Executive Committee New York, N. Y.

E. F. LEONARD, President^ Treasurer, and Manager Peoria, 111.

Secretary and Auditor— ft. D. Uener Peoria, 111. | Gen. Superintendent— IS,. N. Armstrong Peoria, 111.

PRINCIPAL OFFICE AND ADDRESS Peoria, 111.

Transfer Agency Farmers' Loan and Trust Co., New York, N. Y.

TROUT R(JN RAILROAD COMPANY.

Line of Road.— Cammal, Pa., to Pump Station, Pa 16 miles.

Gauge.. 3 ft. Rail (steel), 30 Ibs.

History.— Chartered December 26, 1889. Completed to Pump Station in 1890. Branches
are projected from Derby Junction to Cannon Hole, 3 miles, and from Snyders to Switch
Pump Station, 4 miles.

Rolling1 Stock. — Locomotive engines, 2. Freight cars, 26.

Operations for year ending June 30, 1891. — Train mileage not reported. Tons freight
moved, 18,474. Earnings from freight, $5,512.60. Operating expenses, $3,975.49. Net
earnings, $1,537.11.

Financial Statement, June 30, 1891.— Capital stock (authorized, $250,000 ; shares, $25
each), $25,000; profit and loss, $13,140— total, $38,140. Contra: Cost of road, $36,475;
rolling stock, $1,665— total, $38,140,

Directors (elected December 25, 1890).— John R. Leisenring, Hazleton, Pa. ; J. Frank
Torbert, Jersey Shore, Pa. ; John A. Titman, O. A. Keim, John F. Finney, Charles E. Tit-
man, Shenandoah, Pa.

DANIEL SHEPP, President Tamaqua, Pa.

C. E. Titman, Vice-President and General Manager Sheuandoah, Pa.

Treasurer— J. F. Titman Shenandoah, Pa. | Secretary— John F. Finney Shenandoah, Pa.

PRINCIPAL OFFICE AND ADDRESS Cammal, Pa.

TROY AND TIPTONVILLE RAILROAD COMPANY.

Line of Road.— Moffatt, Tenn., to Troy, Tenn 4.6 miles.

Sidings, .57 mile. Gauge, 4 ft. 9 in. Rail (steel), 50 and 56 Ibs.

History.— Chartered December 1, 1887; road opened July 18, 1888. Operated by the
Newport News and Mississippi Valley Co.

Rolling Stock, —Locomotive, 1. Cars — passenger, 1 ; freight, 4.

Operations, etc., for year ending June 30, 1891. — Traffic statistics not reported. Gross
earnings, $3,410.67; expenses, $5,585.66; deficit, $2,174.99; interest on bonds, $2,895.48—
total deficit, $5,070.47.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $46,000 ; funded debt
(1st mortgage 6 per cent. 20-year $1,000 coupon bonds, due February, 1908, interest March
and September), $46,000; other liabilities, $15,011.46— total, $107,011.46. Contra: Cost of
road, etc., $92,55&18; profit and loss, $14,453.28— total, $107,011.46.

POOB'S MANUAL OF RAILROADS. 613

Directors. — John Echols, James L. Frazier, A. T. Sabin, Holmes Cummins, Louisville,
Ky. ; George B. Wilson, C. J. Crockett, W. Brice, Troy, Tenn.

JOHN ECHOLS, President Louisville, Ky.

A. T. Sabin, Secretary

PRINCIPAL OFFICE AND ADDRESS Louisville, Ky.

TUCKERTON RAILROAD COMPANY.

Main Line of Road.— Whiting's Station, N. J., to Tuckertou, N. J 29 miles.

Branch : Tuckerton, N. J., to Edge Cove, N. J 2 miles.

Trackage: j Manahawkin, N. J., to Beach Haven, N. J 12 miles.

Long Beach RR.: \ Barnegat City Junction, N. J., to Bamegat City, N. J 8 miles.

Total length of lines operated 51 miles.

Sidings, 1.50 miles. Gauge, 4 ft. 9 in. ' Rail (steel, 6 miles), 50 Ibs.

History.— Chartered March 26, 1866 ; road opened November 1, 1871. Reorganized
in 1880.

Rolling: Stock, December 31, 1889. — Locomotive engines, 3. Cars — passenger, 3 ; bag-
gage, mail, and express, 3 ; freight (box, 10 ; platform, 12 ; caboose, 1), 23 — total cars, 29.

Operations for year ending December 31, 1891. — Train mileage, passenger and freight
statistics not reported. Earnings— passenger, $23,952.13; freight, $22,363.56; other, $6,797.93
—total, $53,113.62. Expenditures during the year, $55,206.48. Deficit, $2,092.86. Pay-
ments not reported.

Financial Statement, December 31, 1891.— Capital stock paid in, $550,991.54; bonded
debt, $99,882.50; floating debt, $13,996.47— total, representing cost of road and equipment,
1664.870.51.

Funded debt consists of 1st mortgage 6 per cent. $500 and $1,000 bonds (authorized,
$100,000), due July 8, 1910, interest payable January and July. Common stock authorized,
$125,000 ; preferred stock authorized, $500,000.

Annual meeting, in May, at 16 South Third Street, Philadelphia, Pa.; books close 30
•days previously. J. L. Erringer, trustee of bonds.

Directors (elected May 12, 1891).— T. T. Price, Tuckerton, N.J. ; Theo. P. Price, Hatboro',
Pa.; Rutherford Stuyvesant, L. M. Rutherfurd, New York, N. Y. ; Samuel Ashhurst, Rich-
ard Ashhurst, Walter W. Pharo, Philadelphia, Pa. ; Herbert A. Drake, G. G. Browning,
Camden, N. J.

SAMUEL ASHHUKST, President Philadelphia, Pa.

Rutherford Stuyvesant, Vice-President New York, N. Y.

Secretary- -T. T. Price Tuckerton, N. J. | Treasurer— R. Ashhurst Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS 16 South 3d Street, Philadelphia, Pa.

Operating Office Tuckerton, N. J.

TUCSON, GLOBE AND NORTHERN RAILROAD COMPANY.

Line of Road. — Tucson, Ariz., northward 10 miles.

Gauge, 3 ft. Rail (steel, 1.5 miles), 35 Ibs. per yard.

History. — Successor November 15, 1887, to the Arizona Narrow Gauge RR. Co. (See
MANUAL for 1891.) It is expected to complete the road to Globe, Ariz., and branches to
the coal fields, during 1892.

Rolling Stock.— Locomotive engine, 1. Cars, 11.

Financial Statement.— Capital stock ($3,000,000 authorized ; par, $100), $135,800.
Funded debt, 1st mortgage 7 per cent. 20-year bonds, dated July 1, 1883, interest payable
January and July ^authorized, $13,000 per mile), $165,000, of which amount $150,000 is held

614 POOR'S MANUAL OF RAILROADS.

by Pima County, Ariz., and is to be donated to the company on completion of 60 miles of
road. Contra : Cost of road and equipment.

New first mortgage 7 per cent. 30-year gold bonds have been authorized, at the rate of
$20,000 per mile. These bonds are dated July 1, 1887, and interest is payable January and
July, at Boston, Mass. Trustee of bonds under the new mortgage, American Loan and Trust
Co., Boston, Mass. A sufficient amount of the bonds to be issued under this mortgage is
reserved to take up those issued under the old mortgage. Capital stock limited to $20,000
per mile.

Annual meeting, third Tuesday in November. Trustees of old first mortgage bonds,
C. T. Etchells and James Quinlin ; interest payable in New York and Boston.

Directors (elected in November, 1891).— W. H. Culver, W. C. Davis, L. C. Hughes,
Charles R. Drake, Samuel Hughes, George Pusch ; M. M. Broad well, Kansas City, Mo.;
Joshua Brown, St. Louis, Mo.; Wm. P. Stewart, Thomas Hughes.

W. H. CULVER, President Tucson, Ariz.

W. C. Davis, Vice- President Tucson, Ariz.

Secretary— Charles R. Drake Tucson, Ariz. | Treasurer— George Pusch Tucson, Ariz.

PRINCIPAL OFFICE AND ADDRESS Tucson, Ariz.

TROY UNION RAILROAD AND DEPOT COMPANY.

Line of Road,— Troy and Greenbush RR. to Hoosac St. Bridge 2.14 miles.

Second track, 2.14 miles. Gauge, 4 ft. 8£ in.

History.— Chartered July 21, 1851. Road opened February 22, 1854. Owned one-half
by the N. Y. Central and Hudson River RR. Co. and one-fourth each by the Rensselaer and
Saratoga and the Fitchburg RR. Companies.

Operations included in accounts of owners separately. Expenses of operating the road
shared by the partners in equal proportions.

Financial Statement.— Capital stock (N. Y. C. & H. R. RR. Co., $15,000 ; D. & H. C.
Co., $7,500 ; F. RR. Co., $7,500), $30,000 ; and funded debt, 1st mortgage 7 per cent, bondt
made by the city of Troy and guaranteed by the parties separately, $680,000. Total stock
and bonds, $710,000. Construction ($366,368.04 p. m.), $783,984.80.

Annual meeting, first Monday in November.

Directors (elected November, 1891).— E. V. W. Rossiter, Theo. Vorhees, H. Walter
Webb, Ira A. Place, W. J. Van Arsdale, New York, N. Y. ; H. G. Young, F. A. Harrington,
C. D. Hammond, Albany, N. Y.; I. V. Baker, Comstock's Landing, N. Y. ; H. S. Marcy,
John Adams, Boston, Mass.; Joseph Crandell, Troy, N. Y.

H. WALTER WEBB, President New York City.

Theodore Voorhees, Secretary and Treasurer New York City.

PRINCIPAL OFFICE AND ADDRESS Troy, N. Y.

TUNNELTON, KINGWOOD AND FAIRCHANCE RR. CO.

Line of Road.— Tunnel ton to Kingwood, W. Va 10.24 miles.

Sidings, 0.37 mile. Gauge, 3 ft. Rail (steel, 10.24 miles), 25 Ibs.

History. — Reorganization after foreclosure sale, May 5, 1888, of the Tunnelton, King-
wood and Fairchance RR. Co. (See MANUAL for 1890.)

Rolling* Stock, — Locomotive engines, 3. Cars — passenger, 2 ; freight (box, 5 ; platform,
6), 11 ; caboose, 1 ; other, 6— total cars, 20.

Operations for year ending December 31, 1891. — Train mileage — freight, 175 ; mixed,
14,085— total, 14,260 miles. Passengers carried, 6,573 ; carried one mile, 80,160. Tons
freight moved, 72,600; moved one mile, 907,500. Earnings— passenger, $4,296.55 ; freight,
$7,684.97 ; mail, $482.42 ; express, $286.79— total, $12,750.73. Operating expenses— trans-
portation, $2,232 ; motive power and cars, $2,082.62; maintenance of way, etc., $1,962.97 ;

POOR'S MANUAL OF RAILROADS. 615

general, $3.879.84— total, $10,157.43. Net earning.*, $2,593.30. Paid interest ou debt,
$1,920.

Financial Statement, December 31, 1891.— Capital stock, $80,000 ; bills payable, $1,160.
Contra: Cost of road and equipment, $80,564; real estate, etc., $6,382; materials, etc.,
$479 ; cash on hand, $1,297.89. No bonds ever issued.

Annual meeting, second Tuesday in May, at Kingwood, W. Va.

Directors (elected May, 1891).— J. R. Smoot, Newburg, W. Va.; M. C. Gibson, A. J.
Bonafield, Tunnelton.W. Va. ; J. A. Martin, W. G. Brown, C. M. Bishop, D. R. Jackson,
Kingwood, W. Va.

C. M. BISHOP, President Grafton, W. Va.

W. G. Brown, Vice-President Kingwood, W. Va.

Secretary— W. M. O. DawBon Kiugwood, W. Va. | Supt. and Auditor— J. A. Martin.... Kingwood, W. Va.

PBINCIPAL OFFICE AND ADDRESS Kingwood, W. Va.

TUSKEGEE RAILROAD COMPANY.

Line of Road. — Tuskegee, Ala., to Chehaw, Ala 5.50 miles.

Sidings, 0.33 mile. Gauge, 3 ft. Rail (steel, 0.5 mile), 25 and 30 Ibs.

History.— Chartered February 20, 1860 ; reorganized after sale in 1871.

Rollins: Stock, Jnne 30, 1891. — Locomotive engines, 2. Cars— passenger, 1 ; baggage,
etc., 1 ; freight (box, 2 ; platform, 4), 6 ; otlier, 1 — total cars, 9.

Operations for year ending June 30, 1891. Train mileage (mixed), 12,045 miles. Pas-
sengers carried, 9,017 ; carried one mile, 49,593. Tons freight moved, 5,822 ; moved one
mile, 32.021. Earnings— passenger, $4,508.60 ; freight, $7,754.6C ; mail, $256.48 ; express,
$120 — total, $12,639.68. Expenses — transportation and motive power, $2,011.36 ; mainten-
ance of cars, $42.04; of way and buildings, $900.29 ; general, $1,052.78— total, $4,007.07.
Net earnings, $8,632.61. Paid dividends, $5,100 ; taxes, $319.60— total, $5,419.66. Balance,
surplus, $3.212.9.1. Surplus from last year, $722.90 — total, surplus, $3,935.85.

Financial Statement, June 30, 1891. — Capital stock, representing cost of road and equip-
ment, $53,497.65.

W. H. WRIGHT, General Manager Tuskegee, Ala.

PBINCIPAL OFFICE AND ADDRESS Tuskegee, Ala.

ULSTER AND DELAWARE RAILROAD COMPANY.

Main Line of Road.— Rondout. N. Y., to Stamford, N. Y 74.00

Owned : Hobart Branch RR.: Stamford, N. Y., to Hobart, N. Y 3.61

Leased : Delaware and Otsego ER.: Hobart, N. Y., to Bloomville, N. Y. . 8.79—86.40 miles.
Sidings, 13.83 miles. Gauge, 4 ft, 8£ in. Rail (steel, 74 miles), 60, 62, and 70 Ibs.

History. — Organized June 11, 1875, as successor to the New York, Kingston and Syra-
cuse RR. Co., whose road was sold under foreclosure May 1, 1875.

Rolling Stock, June 30, 1891.— Locomotive engines, 16. Cars — passenger, 21 ; baggage,
mail, and express, 7 ; freight (box, 61 ; platform, 165 ; stock, 8 ; coal, 32 ; caboose, 4), 270 ;
other cars, 28— total cars, 326.

Operations for year ending June 30, 1891. — Train mileage — passenger, 141,015 ; freight,
105,081 ; other, 23,998— total, 270,094 miles. Passengers carried, 205,185 ; carried one mile,
4,592,408 ; average mile rate, 2.77 cents. Tons freight moved, 185,080 ; moved one mile,
4,452,515 ; average ton-mile rate, 5.18 cents.

Earnings.— Passenger $127,315 04

Freight 230,754 46

Mail 7,972 12

Express 9,131 03

Miscellaneous . 971 52

Expenses.— Transportation $108,286 64

Motive Power 14,570 83

Maintenance of Cars 15,570 46

Maintenance Way and Buildings 66,584 30
General . 31.246 81

Total ($4,353.52 per mile) $376,144 17 ' Total ($2,734.48 per mile) $236,259 04

Net earnings (37.19 per cent.), $139,885.13. Payments: Interest on bonds, $70,459.25 ;

616

POOR S MANUAL OF RAILKOADS.

on debt, $1,825.31 ; taxes, $21,268.17— total, $93,552.73.
plus from 1890, $257,336.95— total surplus, $303,669.35.

Balance surplus, $46,332.40. Sur-

Qeneral Balance Sheet, June 30, 1891.

Cost of Road $3,027,155 52

Cost of Rolling Stock 271,696 56

Materials and Fuel on Hand 31 ,906 55

Due by Agents 16,761 38

Current Accounts 54,842 49

Cash on Hand. . . 27,377 67

Capital Stock (par, $100) $1,694,600 00

Funded Debt Outstanding 1,397,700 00

Audited Vouchers and Pay -Rolls 27,966 65

Interest Accrued 5,804 17

Profit and Loss 303,669 35

Total Liabilities $3,429,740 17

Total Assets $3,429,740 17

Funded debt consisted, June 30, 1891, of—

1st consol. 5 per cent. 40-year coupon $1,000 bonds, due June 1, 1928, interest June and December $1,393,000

2d mortgage 7 per cent, income 30-year bonds, due July 1, 1905, interest February and August 4,700

The 2d mortgage bonds are being retired by exchange for consols.

The authorized issue of consols, is $2,000,000. They were issued to take up old 7 per
cent, bonds and to provide for extensions and betterments. Coupon bonds may be registered
at the office of the trustee, the Central Trust Co., New York, which also acts as transfer agent
and registrar of stock. The stock was issued in exchange for bonds of the 'old company.
The amount authorized is $3,000,000, in $100 shares. Annual meeting, first Tuesday after
first Monday in December, at Rondout, N. Y. Principal and interest of consols, payable in
gold at the office of the Central Trust Co., New York, N. Y. Income bonds have voting
power. Consolidated mortgage bonds listed on the New York Stock Exchange.

ROADS OWNED AND LEASED BY THE ULSTER AND DELAWARE RR. Co.

DELAWARE AND OTSEQO RAILROAD.-Hobart to Bloomville, N. Y., 8.79 miles. Gauge, 4
ft. 8^ in. Rail (steel), — Ibs. Chartered May 5, 1887 ; road opened May 20, 1891. Leased for one year from May
1, 1891, to the Ulster and Delaware RR. Co. Operations included in those of the lessee. Financial Statement, June
30, 1891.— Capital stock (authorized, $500,000 ; par, $100), paid in, $73,000 ; bills payable, $75,758.43 ; audited
vouchers, $133,200.53— total, $281,958.96. Contra: Cost of road, $281,836.61; cteh on hand, $122.35. SAMUEL
W. ANDREWS, President, New York, N. Y. ; Samuel G. Diinmick, Vice-President and Secretary; R. B. Jones,
Treasurer, Rondout, N. Y. PRINCIPAL OFFICE AND ADDRESS, Rondout, N. Y.

HOBART BRANCH RAILROAD.-Stamford, N. Y., to Hobart, N. Y., 3.61 miles. Sidings, 0.5
mile. Rail (steel, 3.61 milee), 62 Ibs. Chartered March 25, 1884 ; road completed December 1, 1884. Leased to
Ulster and Delaware RR. Co. for 999 years. Capital stock, $50,000, all owned by the U. and D. RR. Co., having
been exchanged for an equal amount of 5 per cent, bonds of that company. Cost of road, $42,897.63 ; profit ana
loss, $7,102.37. Vacancy, President ; Samuel G. Dimmick, Secretary and Treasurer. CORPORATE OFFICE, Ron-
dout, N. Y.

Board of Directors, Ulster and Delaware RR. Co., elected December 8, 1891.

Edwin Young Albany, N. Y.

Horace G. Young "

Robert C. Pruyn " "

Alfred Van Sautvoord.N. York, N.Y

J. D. Layng New York, N. Y.

Charles C.Clarke... "
Wm.A. Read ....
Joseph Cornell

Samuel D. Dimmick. Rondout, N. Y.

AlvahS. Staples "

Thos. C. Hoornbeek "
H. C. Soap

Davis Winnie The Corner, N. Y.

EDWIN YOUNG, President Rondout, N. Y.

Robert C. Pruyn, Vice-President. . Albany, N. Y.

Treasurer — T. C. Hoornbeek Rondout, N. Y.

Secretary— S. G. Dimmick

Auditor— R. B. Jones Rondout, N. Y-

Gen. Superintendeti^-JaLmea H. Jones. "

PRINCIPAL OFFICE AND ADDRESS Rondout, N. Y.

UNION DEPOT COMPANY OF KANSAS CITY, MO.

Yard tracks About 2.45 miles.

Gauge, 4ft. 8£ in. Rail (steel), 56 and 60 Ibs.

History.— Incorporated November 29, 1875 ; depot opened in April, 1878. Shortly after
its incorporation the company made contracts with the railroads intending to use the property
under which they agreed to pay a fixed rental of $21,000 per annum (being 10 per cent, of
the original amount of 1st mortgage bonds) in monthly instalments, the same to be applied
to payment of interest and sinking fund charges ; also that they should pay all operating ex-
penses and taxes on monthly bills being rendered for the same, but that all miscellaneous
revenues of the property should first be applied to the payment of these expenses.

POOR'S MANUAL OF RAILROADS. 617

Financial Statement.— Capital stock (par, $100), $210,000 ; funded debt, $131,000 ; 1st
mortgage 8 per cent. 22-year $1,000 coupon bonds, due July 1, 1899, interest payable Janu-
ary, April, July, and October, at National Webster Bank, Boston, Mass.

Annual meeting, second Tuesday in January. Trustees of bonds, Charles F. Adams,
George W. Weld, George H. Nettleton.

Directors (elected January 12, 1892). — George H. Nettleton, J. O. Brinkerhoff, Kansas
City, Mo.; C. H. Cbappell, A. Kimball, Chicago, 111.; Charles M. Hays, A. W. Dickinson,
St. Louis, Mo.; W. C. Brown, St. Joseph, Mo.; S. E. Crance, Brookfield, Mo.; A. A. Robin-
son, Topeka, Kan.

GEORGE H. NETTLETON, President Kansas City, Mo.

Secretary— W . J. Ferry Kansas City, Mo. | Treasurer — C. C. Ripley. . Kansas City, Mo.

PRINCIPAL OFFICE AND ADDRESS Kansas City, Mo.

UNION DEPOT AND RAILROAD COMPANY (The). (Denver).

History. — Incorporated November 24, 1879, and depot completed and opened June 1,
1881. The Union Pacific owns four-fifths, and the Denver and Rio Grande one-fifth of the
Union passenger station at Denver, Col., and pay operating expenses in proportion. All
other roads entering the depot pay a fixed rental per month, which, together with express
and office rentals, constitutes the revenue of this company. Owns no rolling stock/motive
power, or trackage, except 5 miles of yard or depot tracks.

Income Account for year ending December 31, 1891. — Revenue from privileges and
rentals, $79,649.93. Payments : Interest on first mortgage bonds, $21,000 ; on notes, $3,-
060.37 ; otuer, $4.361.40— total, $28,421.77. Balance, surplus for year, $51,228.16.

Financial Statement, December 31, 1891.— Capital stock, $400,000 ; first mortgage
bonds, $300,000 ; notes payable, $8,683.84 ; accrued interest, $7,980 ; audited bills, $16,-
098.19 ; income account, $315,200.32— total, $1,047,962.35. Contra : Construction, $461,041.-
70 ; improvements, $75,097.82 ; franchises and privileges, $400,000 ; due from railroad com-
panies, $32,762.22 ; due from tenants, $3,396.75 ; cash, $22,972.94 ; new construction, $52,-
690.92.

Directors.— W. A. Deuel, E. T. Jeffery, S. H. H. Clark, E. Dickinson, P. Touhy.

W. A. DEUEL, President Denver, Col.

E. T. Jeffery, Vice-President

Treasurer— S. N. Wood Denver, Col. | Secretary and Supt.—W. B. Trufant Denver, Col.

PRINCIPAL OFFICE AND ADDBESS Denver, Col.

UNION FREIGHT RAILROAD COMPANY.

Line of Road.— Boston and Lowell RR. to Old Colony RR., Boston, Mass 2.43 miles.

2d track, 0.94 mile. Sidings, 1.28 miles. Gauge, 4ft. 8* in. Rail (steel), 88 Ibs.

History. — Chartered and road opened in 1872. (See also MANUAL for 1888, page 84).

Rolling-stock. — Locomotive engines, 4.

Operations for year ending June 30, 1891.— Freight trains run, 26,674 miles. Freight
moved, 341,340 ; moved one mile, 471,132 tons. Earnings (from freight), $96,393.40. Oper-
ating expenses— transportation, $16,100.77 ; motive power, $18,459.65 ; maintenance of way,
etc., $16,269.84 ; general, $16,606.81— total, $67,437.07. Net earnings, $28,956.33. Add
interest and dividends, $910 — total avilable revenue, $29,866.33. Payments : Interest on
debt, $2,913,38 ; dividends (January and July, 3| per cent, each), $21,000— total $23,913.38.
Surplus, $5,952.95. Surplus from 1890, $46,997.48— total surplus, $52,950.43.

Financial Statement, June 30, 1891.— Capital stock, (par, $100 ; authorized, $500,000),
$300,000 ; bills payable, $110,000 ; current accounts, $19,399.14; profit and loss, $52,950.43
—total, $482,349.57. Contra : Cost of road, $401,069.67 ; cost of rolling stock, $14,000 ;

618 POOR'S MANUAL OF RAILROADS.

stocks and other investments, $13,000 ; materials and fuel on hand, $2,836.86 ; cash on hand,
$30,346.98 ; current accounts, $12,096.06— total, $482,349.57.

Annual meeting, second Wednesday of January. Dividends payable at Boston, Mass.

Directors (elected January 14, 1891). — Charles F. Choate, Fred. L. Ames, James R. Ken-
drick, Nathaniel Thayer, Boston, Mass.

CHARLES F. CHOATE, President Boston, Mass.

Secretary and Treas.— John M.Washburn, Boston, Mass. | General Manager — James R. Kendrick. . .Boston, Mass.

PRINCIPAL OFFICE AND ADDRESS Boston, Mass.

UNITED STATES AND CANADA RAILROAD COMPANY.

Line of Road. — Massena Springs, N. Y., to International Boundary 22.13 miles.

Sidings, 0.79 mile. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History. — Organized May 17, 1888, by the consolidation of a company of the same name
with the Massena Springs and Fort Oovington RR. Co. Operated by the Grand Trunk Hy.
Co., under an Hgrement dated September 27, 1888.

Operations for year ending June 30, 1891. — Train mileage — passenger, 2,718 ; freight,
858 ; mixed, 15,114 ; other, 407— total, 19,097 miles. Passengers carried, 9,078 ; carried one
mile, 145,411. Tons freight moved, 17,010 ; moved one mile, 333,193. Earnings — passenger,
$3,052.35; freight, $3,595.46; mail, $306.07; express, $164.03— total, $7,117.91. Expenses
— transportation, $5,856.71; motive power and cars, $1,389.90; way and buildings, $6,257.-
87 ; general, $1,333. 54— total, $14,838.02. Deficit, $7,720.11. Other charges : Interest on
bonds, $5,625 ; on debt, $5,759.54 ; taxes, $2,163.33— total, $13,547.87. Total deficit, paid
by lessee, $21,267.98.

Financial Statement, June 30, 1891*.— Capital stock, $208,925 ; funded debt, 1st mort-
gage 5 per cent. 19-year bonds, due January 1, 1910, interest payable January and July,
$225,000 ; 2d mortgage 19-year bonds, due January 1, 1910, interest nominal (one bond),
$208,470 ; current accounts, $36,023.41— total, $678,418.41. Lvntra-; Cost of road, $644,8^2.-
09 ; current accounts, $33,596,32— total, $678,418.41.

Directors (elected May 13, 1891).— S. W. Foster, William Gillis, Jamei McFie, D. E.
Dineen, Fort Covington, N. Y.; A. M. Mears, O. McFadden, Helena, N. Y. ; F. Shields,
E. G. Reynolds, Bombay, N. Y.; W. R. Stearns, W. H. Paddock, J. O. Bridges, H. W.
Clarke, Massena, N. T.; W. Wainwright, Montreal, Que.

S. W. FOSTER, President Fort Covington, N. Y.

Secretary— Jamea Y. Cameron. . .Fort Covington, N. Y. | Treasurer— R. Wright Montreal, Que.

PBINCIPAL OFFICE AND ADDRESS Montreal, Que.

URSINA AND NORTH FORK RAILWAY COMPANY.

Line of Road.— Uraina (Pittsburgh Div. B. & 0. RR.), Pa., to Edna Mines 4 miles.

Gauge, 4 ft, 8* in. Rail (steel), 45 Ibs.

History. — Incorporated February 23, 1882, and succeeded the Ursina and North Fork
RR. Co., chartered October 25, 1871.

Rolling Stock. — Locomotive engine, 1. Cars — passenger, 1.

Operations for year ending December 31, 1891. — Train mileage and freight statistics not
reported. Earnings--passenger, $68.26 ; freight, $2,250.91— total, $2,319.17. Expenses,
$2,385.35. Deficit, $66.18.

Financial Statement.— Capital stock (par, $50), $20,000. Contra : Cost of road, $30,000.

Directors. — J. M. Reid, B. F. Boyt, Connellsville, Pa.; Joseph Albree, Allegheny City,
Pa.; Joseph Lindsey, Pittsburgh, Pa.; Ed. Scull, Somerset, Pa.; E. H. Reid, Scottdale, Pa.

J. M. REID, President Connellsville, Pa.

Secretary— Joseph Albree Allegheney City, Pa. | Treat. & Gen." Man.— E. H. Reid Scottdale, Pa.

PRINCIPAL OFFICE AND ADDBKSS Scottdale, Pa.

POOR'S MANUAL OF RAILROADS. 619

VALLEY RAILWAY COMPANY.

Main line of Road.— Cleveland, O., to Valley Junction, O 74.85

Xeuburgh Branch, 2.73 ; Tod Branch, 3.0 ; other branches, 7.1 12.83 — 87.68 miles.

2d track, 2.33; sidings, etc., 53.81 miles. Gauge, 4 ft. 82 in. Rail (steel, 81.15 miles), 56 Ibs.

History. — Organized August 21, 1871 ; main line opened throughout on January 1, 1883.
On January 9, 1890, the Baltimore and Ohio RR. Co. acquired a controlling interest in the
capital stock of this company.

Rolling Stock, June 30, 1891.— Locomotive engines, 29. Cars— passenger, 19 ; baggage,
mail, and express, 4; freight (box, 50; platform, 125; stock, 6; coal, 1,207; caboose, 4),
1.392; other cars, 11— total cars, 1,426. Of this equipment, 10 locomotives, 12 passenger, 1
baggage, etc., 125 platform. 6 stock, 775 coal, 4 caboose, and 11 other cars were acquired
through car trust.

Operations for year ending June 30, 1891. — Train mileage — passenger, 200,023 ; freight,
257.308; other, 472,983 — total, 930,314 miles. Paisengers carried, 343,928 ; carried one mile,
6.911,107 ; average mile rate, 2.40 cents. Tons freight moved, 1,884,344 ; moved one mile,
57.848,779 ; average ton-mile rate, 1.02 cents.

Famines.— Passenger . . . . $165,828 13 Expenses.— Transportation $319,604 78

Freight 591,49575 Motive Power and Cars 75,72452

Mail and Express .. . 14,52188 Roadway and Buildings 83,80810

Miscellaneous 3,481 92 General 65.300 22

Total ($8,848.70 per mile) $775,327 68 Total ($6,209.37 per mile) $544,437 62

Net earnings (29.78 per cent.), $230,890.06; add rents of Co.'s houses, $3,412.52— total
.-ivailable revenue, $234,302.58. Payments : Interest on bonds, $212,320.53 ; on debt, $71,-
7(30.37; taxes, $21,736.15— total,. $30"), 817.05. Deficit, $71,514.47; add sundry charges,
$]7.559.33; deficit forward, $134,913 21— total, $243,987.01.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $1,241,400; funded debt
(1st mortgage 7 per cent. 30-year bonds, due June 15, 1906, interest payable June and Decem-
ber, $1,600,000; consolidated mortgage 6 per cent. 40-year bonds, due September 1, 1921,
interest payable March and September [authorized, $4,000,000], $1,499,000), $3,099,000 ;
equipment trust obligations, $172,598.71 ; bills payable and loans, $1,376,202.24 ; current
accounts, $90,789.92 ; other liabilities, $121,454.98— total, $6,101,445.85. Contra: Construc-
tion, $4.872,462.99; equipment $350,661.09 ; stock and bonds owned, $1,000 ; materials and
fuel on hand, $16,338.53 ; car trust equipment, $467,560.02 ; due from agents, $52,895.65 ;
i.ills receivable, $7,627.20; current accounts, $54,536.39; cash on hand, $34,376.97; profit
and loss, $243,987.01— total, $6,101,445.85.

The first mortgage bonds are secured on line of road from Cleveland to Canton, 58.30
miles, and 4.17 miles of branches. They are $100 and $1,000 bonds, coupon or registered.
The consols are a first lien on the extension from Canton to Valley Junction, 16.55 miles,
and on 4.69 miles of branches, and are second on the line from Cleveland to Canton. The
authorized issue is $4,000,000, and bonds numbered 1 to 1,600 are held in escrow by the Cen-
tral Trust Co. of New York to cover the outstanding first mortgage bonds. The bonds are
for $1.000 gold each, in coupon form, but may be registered at the company's office, Cleve-
land, 0. There is provision for a sinking fund, beginning September 1, 1891, sufficient to
retire the whole issue ; but the bonds cannot be drawn before maturity. Trustee, Central
Trust Co., New York.

Annual meeting, third Wednesday in April, at Cleveland, 0. Books close 30 days before
annual meeting, and stock owned then may be voted. Interest payable in New York, at the
office of the Mercantile Trust Co. The secretary is registrar of stock. Consolidated mort-
gage bonds are listed on New York Stock Exchange.

Directors.— S. T. Everett, H. M. Keim, J. K. Bole, M. R. Dickey, Cleveland, 0. ; L. V.
Bockius, Canton, O.; G. E. Taintor, New York, N. Y.; O. P. Scaife, Pittsburgh, Pa.; T. M.
King, J. B. McDonald, Baltimore, Md.

THOMAS M. KING, President Baltimore, Md.

S. T. Everett, Vice- President . Cleveland, O.

Secretary <t Treasurer— Henry M. Keim . Cleveland. O. j Auditor— James Bartol Cleveland, O.

PBEKCIPAL OFFICE AND ADDBESS Wade Building, Cleveland, 0.

620 POOR'S MANUAL OF RAILROADS.

VALLEY RAILROAD COMPANY.

L'ne of Road. — Harrisonburg, Va., to Lexington, Va 62 miles.

Sidings, etc., 8 miles. Gauge, 4 ft. 8£ in. Rail (steel, 44 miles), 60, 64, and 67 Ibs.

History.— Chartered February 23, 1866 ; road opened to Staunton April 1, 1874 ; ex-
tended to Lexington in 1883. (See MANUAL for 1891.)
Rolling Stock. — Locomotive engines, 3.

Operations for year ending September 30, 1891. — Train mileage — passenger, 79,095 ;
freight, 63,529— total, 142,624 miles. Earnings— passenger, $68,872.25 ; freight, $76,211.99;
mail, $5,762.92 ; express, $5,558.07 — total, $156,405.23. Operating expenses — transportation,
$52,374.14; motive power, $4,095.55; maintenance of way, etc., $51,921.81 ; general, $8,-
892.73— total, $117,284.23. Net earnings, $39,121. Add other receipts, $3,064.82— total
available revenue, $42,185.82. Paid interest on bonds, $45,000. Deficit, $2,814.18; deficit
forward, $67,034.66— total deficit, $69,848.84.

Financial Statement, September 30, 1891.— Capital stock (authorized, $3,200,000 ; par,
$100) paid in, $2,743,374.55; funded debt, 1st mortgage 6 per cent. 40-year $1,000 coupon
bonds, due October 1, 1921, interest April and October, $750,000; current accounts, $54,970.03;
other liabilities,. $3,681.42— total, $3,552,026. Contra : Cost of road, $3,347,940.07 ; equip-
ment, $20,553.73; stocks and bonds owned, $39,700; materials and fuel, $711.85; current
accounts, $30,079.32 ; bills receivable, $4,892.50; cash, $38,299.29; profit and loss, $69,848.84
—total, $3,552,026.

Annual meeting in November, at Staunton, Va. Interest payable in Baltimore at the
company's agency, and in New York at the Mercantile Trust Co.

Directors (elected November 16, 1891).— Chas. F. Mayer, H. Crawford Black, H. Duvall,
Osmun Latrobe, Baltimore, Md. ; R. W. Burke, Staunton, Va. ; J. J. Allen, Waskey's Mills,
Va. ; W. A. Anderson, Lexington, Va.

CHAS. F. MAYER, President Baltimore, Md.

Treasurer and Secretary — W. H. Ijams. .Baltimore, Md. | General Manager — «T. T. Odell Baltimore, Md.

PRINCIPAL OFFICE AND ADDRESS Staunton, Va.

Transfer Office Baltimore, Md.

VERMONT VALLEY RAILROAD COMPANY OF 1871.

Line of Road.— Bellows Falls, Vt., to Brattleboro', Vt 24 miles

2d track, 2.5 m. ; sidings, 1.74 m. Gauge, 4 ft. 8i in. Rail (sUel, 25.12 m.), 56, 66, 70, and
72 Ibs.

History. — Vermont Valley RR. Co. chartered November 8, 1848, and road opened in 1851.
Leased to trustees for 10 years, May 12, 1865 ; lease transferred to Rutland RR. Co., January
3, 1871, and road operated by that company till April 5, 1877, when it was surrendered to the
present company, which operates it under an arrangement with the Connecticut River RR.
Co. Toward the close of 1880 the company purchased the Sullivan County RR., statement
for which see. (See also MANUAL for 1891.)

Rolling Stock, June 30, 1891,— Locomotive engine?, 8. Cars— passenger, 1 ; baggage,
mail, and express, 1 ; freight (box, 17 ; platform, 4), 21 ; other cars, 7 — total cars, 30.

Operations for year ending June 30, 1891. — Train mileage — passenger, 62,982 ; freight,
49,881; other, 32,134— total, 144,997 miles. Passengers carried, 119,632; carried one mile,
2,530,820 ; average mile rate, 3.18 cents. Tons freight moved, 443,193 : moved one mile,
10,400,046 ; average ton-mile rate, 0.96 cent.

Earnings.— Passenger $80,444 58

Freight 99,377 33

Mail 5,956 44

Express 3,367 60

Total ($7,881.09 per mile) $189,146 15

Expenses.— Transportation $69,847 25

Motive Power and Cars 1 1 ,656 6J>

Maintenance Way and Buildings 29,353 69-
General and Taxes... , 14,422 09-

Total ($5,21 9. 99 per mile).... $125,27972

POOR'S MANUAL OF RAILROADS. 621

Net earnings (33.77 per cent.), $63,866.43. Add interest and dividends received, $44,-
559.69; miscellaneous, $895.67 — total available revenue, $109,321.79. Payments: Interest
on bonds, $40,000 ; interest on debt, $6,211.59 ; dividends (January and July, 3 per cent.
each), $60,000; taxes, $1,999.86— total, $108,211.45. Balance, surplus, $1,110.34. Surplus
from last year ($124, 697. 38; less deduction, $30,000), $94,697.38— net surplus, $95,807.72.

General Balance Sheet, June 30, 1891.

Cost of Road and Real Estate : $982,389 18

Cost of Rolling Stock 82,307 87

Stocks and Bonds Owned 800,000 00

Current Accounts 112,098 96

Cash on Hand 30 75

Total Asset? . . . . .81,976,886 76

Common Srock Paid in $1,000,000 00

Funded Debt Outstanding 800,00000

Bills Payable 45,000 00

Current Accounts 36.019 04

Profit and Loss 95.807 72

Total Liabilities $1,976,826 76

Statement showing the dates and rates of all dividends paid by the present company
from its organization to the close of the year 1890 was given on page 561 of the MANUAL
for 1891.

Funded debt consists of 5 per cent. 30-year $1,000 coupon bonds, dated October 1, 1880,
interest payable April and October at the office of the trustee, the Boston Safe Deposit and
Trust Co., Boston, Mass. The bonds were issued to provide means for the purchase of the
Sullivan County RR., and are additionally secured by deposit with the trustees of the capital
stock of the S. C. RR. Co. The dividend declared on this stock pays the interest on the
bonds.

Annual meeting, third Wednesday in June. Books close ten days previous to meeting
or to payment of dividends. Dividends payable at Bellows Falls, Vt. Registrar of stock,
J. H. Williams, Treasurer of Company, Bellows Falls. Vt.

Directors (elected June 17, 1891).— A. B. Harris, Boston, Mass. ; H. C. Robinson, Hart-
ford, Conn.; Oscar Edwards, Northampton, Mass.; Hugh Henry, Chester, Vt. ; James H.
Williams, John H. Williams, Bellows Falls, Vt. ; H. E. Folsom, Lyndonville, Vt.

A. B. HARRIS, President 45 Broadway, New York, X. T.

Clerk cfc Treasurer— J&&. H. Williams. Bellows Falls, Vt. ; Auditor— W. H. Wilson Springfield, Mass.

PRINCIPAL OFFICE AND ADDRESS 45 Broadway, New York. N. Y.

Corporate and Transfer Offices Bellows Falls, Vt.

VICKSBTJRG, SHREVEPORT AND PACIFIC RAILROAD COMPANY.

Line of Road.— Delta, La., to Shreveport, La 170.69

Extension : Sbreveport, La., to Texas State Line 17.73 — 188.42 miles.

Sidings, 22.93 miles. Gauge. 4 ft. 8i in. Rail— steel (192.90 miles), 53 and 60 ; iron. 48 Ibs.

History. — Reorganization, December 2, 1879, of the Vicksburg, Shreveport and Texas
RR. Co., whose property was sold under foreclosure the day before. Early in 1881 this com-
pany passed under the control of the Alabama, New Orleans, Texas and Pacific Junction
Railways Company (Limited), of London, England. The extension to Texas State Line is
operated under lease by the Texas and Pacific Ry. Co.

Rolling Stock, June 30, 1891. — Locomotive engines, 25. Cars — passenger, 14; baggage,
6 ; freight (box, 269 ; platform, 186 ; stock, 99 ; coal, 99 ; caboose. 6), 659 ; other cars, 13—
total cars, 692.

Operations for year ending June 30, 1891. — Train mileage— passenger, 194,638 ; freight,
114,028 ; other, 115,252— total, 423,918 miles. Passengers carried, 198,812 ; carried one mile'
7,285,524; average mile rate, 2.68 cents. Tons freight moved, 146,580 ; moved one mile,
10,276,542 ; average ton-mile rate, 3.34 cents.
Earuinsrs.— Passenger §195,017 57 [ ExpenHes.— Transportation $110,712 99

Freight 350,345 06

Mail 18,752 95

Express 11,600 83

Rents and Miscellaneous. . . . 60,964 60

Total ($3,729.82 per mile) 6636,681 01

Motive Power 97,864 51

Maintenance of Cars 40.476 59

Maintenance Way 186.618 01

General and Taxes 43.744 76

Total ($2,808.53 per mile; £479.416

622

POORS MANUAL OF RAILROADS.

Net earnings (19.23 per cent.), $157,264.15. Add interest on current accounts, $151.59
— total available revenue, $157,415.74. Payments : Interest on prior lien bonds, $79,380; on
first mortgage bonds, $240,000 ; on third mortgage and land grant bonds, $75,408.86 ; on car
rental notes, $7,017.39— total, $401,806.25. Balance, deficit, $244,390.51; deficit from last
year, $715,660.33— total deficit, $960,050.84.

General Balance Sheet, June 30, 1891.

Cost of.Property $10,237,091 81

Stock of Material, etc., on Hand

Current Accounts

Cash on Hand and in Transit

Interest Included in Car Trust Notes.

Investment Account

Land for Delta Transfer.

Bills Receivable for Land Sales

Central Trust Co

Net Revenue Account....

0,237,091 81

Common Stock (par, $100)

$1,601 500 00

45,514 09
54,607 93

Funded Debt Outstanding
Unpaid Matured Coupons . .

. 7,993,735 00
947.901 67

32,975 47
11,412 52
8,650 75

Accrued Interest not yet Due
Replacement of Rolling Stock Fund. . .
Current Accounts

175.413 66
34,695 29
63,113 52

40,000 00

Car Trust Notes

95,140 32

17,597 49

Delta Transfer Land Notes

40,000 00

8,469 79

Sinking Fund for Land.

22 706 45

960.050 84

Land Sales not Completed.

17 597 49

Proceeds of Land Sales

424.56729

11,416,370 69

Total Liabilities. ..

..$11.416,370 69

Total Assets $11,416,370 69

Funded debt outstanding consisted, June 30, 1891, of the following :

Prior lien mtg. 6 p. c. 30-year gold bonds, due November 1, 1915, interest payable May and November.. $1.323,000

1st mortgage 6 per cent. 39-year gold bonds, due January 1, 1920, interest payable January and July 4.000,000

3d mtg. and 1st mtg. on land grant 30-year gold bonds, due Jan. 1, 1916, int. payable Jan. and July 2,048,875

Income bonds, $127,000 at 6 per cent. ; $494,860 at 4 per cent 621,860

All bonds are for $1,000 each, and, with the exception of the incomes, are in coupon
form, with provision for registration. The incomes are registered. The Alabama, New
Orleans and Texas Pacific Junction Ry. Co. holds a majority of the stock together with $3,-
692,000 first mortgage bonds and $965,500 3d mortgage bonds. The bonds of 1916 bear 4 per
cent, till January 1, 1894, and 5 per cent, thereafter. They are a first lien 011 the land grant
and third on the railroad. Net proceeds of land sales go to payment of interest on these
bonds if necessary, otherwise to sinking fund. Trustees of bonds : Prior lien and 3d mort-
gages, Central Trust Co., New York, N. Y. ; 1st mortgage, Farmers' Loan and Trust Co..
New York, N. Y. Interest payable at the offices of the trustees. The prior lien bonds are
listed in London.

Directors (elected October 5, 1891).— Edward R. Bacon, Frank S. Bond, Isaac P. Martin,
New York, N. Y. ; C. C. Harvey, Charles Schiff, Cincinnati, O. ; F. L. Maxwell, Mounds, La ;
Alfred Slidell, New Orleans, La. ; George C, Waddill, Tallulah, Ga.

CHARLES SCHIFF, President Cincinnati, O.

C. C. Harvey, Vice-President Cincinnati, 0.

Secretory— D. Graff •.. . .New York, N. Y. I Comptroller— Chas. H. Davis Cincinnati, O.

Treasurer— VL. H. Tatem Cincinnati, O. j General Manager- -Richard Carroll

PRINCIPAL OFFICE AND ADDRESS Cincinnati, O.

Transfer Office . . . .New York, N. Y.

VIRGINIA AND TRTJCKEE RAILROAD COMPANY,

Line of Road.— Reno, Nev., to Virginia, Nev 52.2 miles.

Sidings, etc., 25.94 miles. Gauge, 4 f i. 8| in. Rail (steel), 56 Ibs.

History. — Chartered February 11, 1869 ; road opened January 1, 1870.

Rolling Stock, — Locomotive engines, 14. Cars — passenger, 6; baggage, mail, etc. ,4;
freight (box, 7 ; ore, 115 ; platform, 216), 338— total, 348. Also, 4 caboose cars.

Operations for year ending June 30, 1891. — Freight moved, 326,761 tons. Gross earn-
ings,, $634,292.51 ; operating expenses, $371,406.53; net earnings, $262,885.98. Paid divi-
dends, $200,000.

Financial State ment,[June 30, 1891.— Capital stock, $5,000,000; liabilities, $96,664.87
—total, $5,096,664.87. Contra : Cost of road, $3,730,802.07 ; equipment, $658,825.25 ; real

POOR'S MANUAL OF RAILROADS. 623

estate and buildings, $205,378.30; other assets, $122,566.01 ; materials and fuel, $208,159.72
—total, $4.925,731.3o. Excess of liabilities, $170,933.52.

Directors.— D. O. Mills, New York, N. Y.; H. M. Yerington, D. L. Bliss, Carson, Nev. ;
F. G. Newlands, Reno, Nev. ; W. E. Sharon, W. H. Blauvelt, W. E. F. Deal, J. E. Wratten,
J. W. Eckley, Virginia, Nev.

D. O. MILLS, President New York, N. Y.

H. M. Yerington, Vice-Pres. and Oen. Superintendent. ..Carson City, Nev.

Treasurer— Agency Bank of California. .Virginia, Nev. | Secretary— E. E. Yerington Virginia, Ner.

Cren. Agt. cfc Pass. Agt.—D. A. Bender Careon City, Nev.

PBOCIPAL OFFICE AND ADDRESS Carson City, Nev.

VISALIA AND TULARE RAILROAD COMPANY.

Line of Road.— Visalia, Cal., to Tulare, Cal 11.50 miles.

Gauge, 4 ft. 8i in. Rail (steel), 30 Ibe.

History.— Chartered November 4, 1887, and road built in 1888.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 3 ; baggage, etc., 1.

Operations for year ending June 30, 1891. — Train mileage not reported. Passengers
carried, 33,599 ; carried one mile, 386,388. Tons freight moved, 1,549 ; moved one mile, 17,-
813. Earnings— passenger, $16,879.90 ; freight, $2,210.85 ; express, $115.90— total, $19,-
314.85. Operating expenses, $11,298.53. Net earnings, $8,016.32. Payments : Interest on
bonds, $3,500; on debt. $1,804.65 ; taxes and other, $1,071.27— total, $6,375.92. Surplus,
$1,640.40.

Financial Statement, June 30. 1801.— Capital stock (par, $100), $50,000 ; funded debt 1st
mortgage 7 per cent. 10-year bonds, due January 10, 1898, interest payable January and July),
$50,000 ; current accounts, $7,863.25 ,' profit and loss, $1,880.22 ; surplus, $5,447.42— total,
$115,190.89. Contra : Cost of road, $91,054.66 ; rolling stock, etc., $21,150.78 ; real estate,
$2,612.12 ; bills receivable, $373.33— total, $115,190.89.

Annual meeting in June, at Visalia, Cal.

Directors (elected June 1, 1891).— Jasper Harrell, V. D. Knupp, G. A. Botsford, H. P.
Perkins, A. J. Harrell, Visalia, Cal. ; J. Goldman, Thomas H. Thompson, Tulare, Cal.

JASPER HARUELL, Pretident Visalia, Cal.

Joseph Goldman, Vite- President Tulare, Cal.

Treasurer— Harrell & Son Viealia, Cal. | Secretary and Gen. Manager— A. J. Harrell .. Viealia, Cal.

PRINCIPAL OFFICE AND ADDRESS Visalia, Cal.

WABASH, CHESTER AND WESTERN RAILROAD COMPANY.

Main Line of Road.— Chester, 111., to Tamaroa, 111 40.83

Menard Branch : Chester, 111., to Menard 1 .43— 42.26 miles.

Sidings, 3.07 miles. Gauge, 4 ft. 8i in. Rail— iron, 45 and 50 ; steel (37.48 m.), 60 Ibs.

History. — Organized February 20, 1878, as successor to the Iron Mountain, Chester and
Eastern RR. Co. (See MANUAL for 1891.)

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 2 ; baggage,
etc., 1 ; freight (box, 28 ; platform, 2 ; stock, 2 ; coal, 31 ; caboose, 1), 64 ; other, 2 — total, 69,

Operations for year ending June 30, 1891. — Train mileage — past^enger, 46,046 ; freight,
28,032; mixed, 6,020— total, 80,098 miles. Passengers carried. :;9,326 ; carried one mile,
"584,230; average mile rate, 2.87 cents. Tons freight moved. 69,842 ; moved one mile, 1,723,-
237; average ton-mile rate, 2.45 cents. Earnings — passenger, $16,789.57; freight, $42,187.-
62 ; mail, $2,861 ; express, $1,085.15 ; other, $325.68— total, $63,249.02. Expenses— trans-
portation, $16,957.01; maintenance of cars. $6,107.78; way and buildings, $19,888.06;
general, $4,635.85— total, $47,588.70. Net earnings, $15,0(i0.32. Paid interest on bonds,
$15,000 ; on debt, $1)64.26 ; other payment-, $2.730.45— total, $18,694.71. Deficit. $3,034.39.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $250,000 ; funded debt,

624: POOR'S MANUAL or RAILROADS.

1st mortgage 5 per cent. 30-year $1,000 coupon bonds, due July 1, 1918, interest payable
January aud July, $300,000; bills payable, $34,483.11 ; interest coupons, $13,150; current
accounts, $8,043.03— total, $605,676.14. Contra: Cost of road, $543,913.02; rolling stock,
$19,618 ; cash and current assets, $19,562.19 ; profit and loss, $22,582.93— total, $605,676.14.

Trustee of bonds, William E. Burr, St. Louis, Mo. Registrar of stock, H. C. Cole, Sec-
retary, Chester, III. Annual meeting, first Wednesday in March, at Chester, 111. Interest
payable at the Bank of Commerce, St. Louis, Mo.

Directors (elected March, 1891). — Nathan Cole, St. Louis, Mo.; J. C. Bryden, Carbon-
dale, 111.; C. B. Cole, H. C. Cole, Z. T. Cole, Chester, 111.

NATHAN COLE, President St. Louis, Mo.

Charles B. Cole, Vice-Pres., Treas., and Gen. Man Chester, 111.

Auditor— C. E. Kingsbury Chester, 111. | Secretary— H.. C. Cole Chester, 111.

PRINCIPAL OFFICE AND ADDRESS Chester, 111.

WABASH RAILROAD COMPANY.

LINES EAST OF THE MISSISSIPPI RIVER.

Lines of Roads.— -Toledo, O., to East Hannibal, 111 462.3 miles.

Bluffs to Quincy, 111 61.2 miles.

Clayton to Hamilton, 111 41.0 miles.

Decatur to East St. Louis, 111 . . . 110.2 miles.

Maysville, 111., to Pittsfield, 111 6.1 miles.

Edwardsville to Ed wardsville Crossing, 111 8.5 miles.

Attica to Covington 14.8 miles.

Champaign to Sidney 11.7 miles.

Chicago, 111., to Effingham, 111 213.4 miles.

Shumway to Altamont, 111 10.3 miles.

Streator, 111., to Fairbury, 111 31 .5 miles.

Fairbury, 111., to Forrest (jointly with T. P. & W. RR.) 5.5 mile.*.

Detroit, Mich., to Logansport, Ind 206.9 miles.

Chili, Ind., to Peru, Ind 9.5 miles.

Laketon Junction to Auburn Junction (jointly with Chicago aud Atlantic Ry.),

and Chicago and Western Indiana Ry 115.1 miles.

Total length of lines east of the Mississippi River 1,308.0 miles.

LINES WEST OF THE MISSISSIPPI RIVER.

Main Line of Road.— St. Louis (Union Depot) to Kansas City, Mo 276.8 miles.

Ferguson Branch : Carr St., St. Louis, to Ferguson, Mo 10.8

Oltumwa Branch : Moberly, Mo. , to Ottum wa, la 130.9

Harvey Branch : Ottumwa to Harvey, la 38.0

Des Moines Branch ; Harvey to Des Moines, la 43.4

Brunswick and Chilicothe RR. : Brnnswick to Chillicothe, Mo 38.3

St. L.j Council Bl. & Omaha RR. : Chillicothe to Pattonsburg, Mo 41.4

Boone County and Boonemlle RR. : Centralia to Columbia, Mo 21.7

Glasgow Branch : Salisbury to Glasgow, Mo 14.7

Excello Branch : Excello, Mo., to Ardmore, Mo 6.2 — 345.4 miles.

Length of lines west of the Mississippi River 622.2 miles.

Total length of all lines June 30, 1891 1,930.2 miles.

Side and double track, 492 miles. Gauge, 4 ft. 8i in. Rail (steel), 60, 63, 70 Ibs.

The following lines or parts of lines, leased by the company, or over which it has track-
age rights are included above : Chicago, Burlington and Quincy, Camp Point to Quincy, 111.,
21.8 miles; Chicago and Western Indiana, Chicago to Indiana line, 19.8 miles; Toledo,
Peoria and Western, Elvaston to Hamilton, 111., 6.5 miles ; and Forrest to Fairbury, 111., 5.5
miles ; Chicago and Atlantic, Laketon Junction, Ind., to Illinois line, 103.3 miles ; Louisi-
ana and 'Pike County RR., Maysville to Pittsfield, III., 6.1 miles; Eel River RR., 93.2
miles ; Peru and Detroit RR., 9.5 miles ; Detroit Union RR., Detroit to Delrey, Mich., 3.5
miles ; Attica-Covington and Champaign-Sidney branches, together 26.5 miles, owned by the
Purchasing Committee ; St. Louis Union Depot, Depot to Tayon Ave., 0.5 mile ; Kansas City
Depot aud Bridge, Harlem to Kansas City, Mo., 1.5 miles ; Chicago, Rock Island and Pacific,

POOR'S MANUAL — W ABASH BB. CO.

625

Ottumwa to Harvey, la., 33 miles ; Harvey to Des Moines, 43.4 miles, owued by Purchasing
Committee ; Brunswick and Chillicothe RR., 38.3 miles ; St. Louis, Council Bluffs and
Omaha RR., 41.4 miles ; Bonne County and Booneville RR., 21.7 miles— total, 480.5 miles.
The branch from Albiato Harvey, la., 23. 4miles is not now operated by the Wabash RR. Co.
IT is part of the Des Moines and St. Louis RR., and belongs to the purchasing committee.

History.— Consolidation, July 29, 1889, of the Wabash Western and the Wabash Rys.
The mileage east of the Mississippi was increased 9.5 miles during the year by the construc-
tion of the line from Chili to Peru ; and diminished 6.2 miles by the abandonment of the
joint use of the section of the T. H. & P. RR.. between Logansport and Clymers. West of
the Mississippi, the Excello Branch was added by construction ; but in the length of the lines
in St. Louis there was a net decrease of 0.3 mile.

Rolling Stork, June 30, 1891. — Locomotive engines, 398. Cars — passenger, 104; com-
bination, "26 ; chair, 41 ; dining, 5 ; baggage, etc., 104; freight (box, 6,913 : coal and flat,
3,979 ; stock, 1,325 ; furniture, 33 ; fruit, 148 ; refrigerator, 100), 12,498— total, 12,778. Also
4 official, 2 pay, 127 cinder and stone, 206 caboose, 62 tool and work, and 28 other cars.

Operations for year ending June 30, 1891. — Engine mileage — passenger, 4,677,001 : freight,
7,230,769; switch, "2,575,974 ; work, 225,044; other service, 1,514— total, 14,710,302 miles.
For statistics of passenger and freight business, see page 626.

Earnings.— Passenger 83,264,948 03

Freight 8,860,819 00

Mail 358,57642

Express 336,208 78

Miscellaneous... 207,73553

Expenses.— Transportation .$4,100,029 80

Motive Power 2,611,587 53

Maintenance of Cars 901 ,121 10

Maintenance Way & Buildings 1,703,289 27
General. . . 249,195 59

Total ($6,775 33 per mile) §13,028,287 76 Total ($4,974.37 per mile) $9,565,223

Net earnings (26.58 per cent.), $3,463,064.47 ; add rent of tracks, etc , $372,739.48 ;
total available revenue, $3,835,803.95. Payments : Interest on bonds, $2,542,708.15 ;
rentals of leased lines, $124,130; of tracks, bridges, etc., $435,442.60; taxes, $417,700;
dividends on preferred debentures, §210,000 ; sundries. $69,532.50— total, $3,799,513.25.
Balance, surplus, $36,290.70; add surplus from last year, $237,791.50 — total surplus as per
balance sheet, $274.082.20.

General Balance Sheet, June 30, 1891.

Cost of Road, Equipment, etc $129,928,500 00

Supplies and Materials on Hand 600,271 46

Purchasing Committee 43,259 19

Investments, Stocks, Bonds, etc 264,577 01

Railroads and Individuals 1,075,702 06

Cash on Hand 1,188,922 88

Wabash Reorganization 500,000 00

Common Stock $28,000,000 00

Preferred Stock 24,000,000 00

Funded Debt Outstanding 78,000,000 00

Accounts Payable 1.912,947 90

Unpaid and Accrued Interest 870,571 08

Income Account Prior to July 1, 1889 . . . 543,631 42

Income Balance June 30, 1891 274,082 20

Total Assets $133,601,232 60 j Total Liabilities $133,601,232 60

Investments, etc., in above balance sheet consist of — Montpelier and Chicago RR. ad-
vances, $33,822.35; betterments, $78,655.12 ; stocks and bonds, $152,069.54.
Statement showing mileage, capitalization, cost, and earnings for ten years :

Cost

Gross

Net

Road

Capital

Bonded

of Road

Road

Gross

Net

Earnings

Earnings

Per Cent.
-.*

Owned.

Stock.

Debt.

and
Equipment.

Worked

Earnings .

Earnings.

per
Mile.

per

Mile.

of
Expenses.

Miles.

S

$

S

Miles.

S

S

•

S

1882

2,676.6

50,174,700 70,937,854

113,285,929

3,401.6

16.851,690

5.186.938

4,954 05

1,301 56

72.64

1883

2,674.3

50,371,400 76,466,075

117,625,082

3.587.5

16,915,121j 3,584,195| 4,71502

.887 26

78.81

1884

2,747.8 52,626,800! 76,434,834

117,855,360

3,582.5

16,661,603

2,610,329! 4,65083

75448

84.33

1885

1,989.6

52,626,800 77,762,009

118,732,890

2,779. 4 i 13,965.305

1,899,938! 5,024 54

68351

86.39

1886

1,671.9

52,626,800 80,762,009

118,732,890

2,196.0

12.806,461 2,974,636) 5,831 69

1,354 56

76.77

1887
1888

1,494.1
1,468.8

\ InProce

ss of reorg

anization I

1.989.5
1,950.1

13,420,172
12,332,945

3,955,689
2,554,365

6,745 50
6,32426

1,98828
1.309 82

70.52
79.29

1889

1,442.3

52,000,000) 78,000,000

129.970,000

1,944.4

12.590,482

2,776,246

6,475 25

1,427 81

77.90

1890

1,443.4

52,000.000, 78,000,000

129:970,000

1,922.3

13,352.872 3,679,651

6,946 30

1.914 19

72.44

1891

1,451.2

52,000.000! 78,000.000

129,928,500

1.922.9 13.028,237

3,463,064

6,775 33

1,80096

73.42

1

40

026

POOK'S MANUAL — WABASH KB. CO.

Statement showing mileage and traffic statistics for ten years :

Passenger
Train
Mileage.

Freight
Train
Mileage.

Passen-
gers
Carried.

Passenger
Movement.

ft 8 .

as^s

.S§2

§!*
KI*

Cts.
2.37
2.50
2.37
2.31
2.19
2.21
2.10
2.15
2.13
2.18

p.!*
8 8x2'

Iff

W^

*H *•*

§,8>s

111

Tons
of
Freight
Moved.

Freight
Ton-Miles.

iftji

goS

1"

p.

Sk

Us

w

Cts.
0.694
0.7H7
0.737
0.699
0.605
0.623
0.638
0.6-27
0.479
0.563

'JJU

IIs

1882
1883
1884
1885
1886
1887
1888
1889
1890
1891

4,942,209
4,866,465
5,024,882
4,525,662
3,971,677
4,103,310
4,521,426
4,525,866
* 4,475,682
< 4,559,766

8,599,680
9,486,967
9,612,370
7,726,106
6,210.422
5,767,140
5,958,518
6,102,092
7,286,032
6,611,126

4,251,393
3,905,665
i 4,046,577
3,180,644
2,726,166
2,802,036
3.073,231
3,059,772
3,115,604
3,416,076

Miles.
166,198,560
154,727,718
154,700,993
138,274,372
131,005,562
143,762,871
157,146,634
152,404.045
149,183,008
149,904,203

Cts.
1.80
2.19
2.25
2.25
2.12
1.92
1.87
1.94
1.89
1.84

Cts.
0.57
0.31
0.12
0.06
0.07
0.29
0.23
0.21
0.24
0.34

5,911,012

1,247,611,320

Cts.
0.951
0.948
0.857
0.802
0.818
0.855
0.750
0.756
0.647
0.733

Cts.
0.257
0.161
0.120
0.103
0.213
0.232
0.112
0.129
0.168
0.170

5,859,566
6,358,761
5,558,571
5.486,067
6,409.301
6,231,879
6,267,780
6,832,358
6,256,064

1,263,790,523
,373,842,462
,183,951,136
,101,685,716
,075,047,083
,072,298,610
,094,tl7,509
,430,197,332
,209,179,055

NOTE. — The fiscal year of the reorganized Wabash Railroad Company commenced July 1, 1889. In the above
statements of comparisons, the operations for the six months ending June 30, 1889, have been added to the oper-
ations for the six months previous, in order to show comparative results for a period of twelve months.

Funded debt ($78,000,000) consisted, June 30, 1891, of the following :

THOIEI-TY MORTGAGED.

Miles.

Date of

Mtge.

When
Due.

Outstand-
ing.

Interest,
per cent.

Annual
Charge.

North Missouri ....

St. L.,K.C. &N., )
R.E.&Ry.Mtg. f

St. L., K. C. &)
N., St. Charles >
Bridge )
St. L., K. C. &
N., St. Charles V
Bridge )
Wabash RR
Wabash RR

Wabash RR j
Leased Line Bonds :

St. L., C. B. &O...
B. Co. &B. RR....

Brunswick & Chill.

IstMtg.

1st and
2d.

IstMtg.

2d Mtg.

IstMtg.
2d Mtg.
Deb.
Bonds.

IstMtg.

ISt MtlT.

IstMtg.

St. Louis to Coatesville, and
Moberly to No. Mo. Jc.,
Mo.

354.01

1865

1874
1878

July, 1895

Sept., 1895
Oct., 1908

Oct., 1903
May, 1939
Feb., 1939

July, 1939

July, 1908
May, 1903
Aug., 1903

$

;, 6,000,000

3,000,000
1,000,000

388,500
22,581,000
14,000,000

30,000,000

626,000
100,000
304,500

7J. & J.

7M.&S.
6A.&0.

7A.&0.
5M.&N.
5F.&A.

6J. & J.

6J. & J.

7M.&N.
*6F.&A.

$
420,000

210,000
60,000

27,195
1,129,050
700,000

See below.

37,560
7,000

18,270

1st mtge. Union Depot to
Fergufiion Jc.,Mo., 1 14 m.,
all railroad south of No.
Market St., St. Louis, and
certain real estate, and a
2d mtge. on the 354. 1 miles
above

Bridge over the Missouri
River at St. Charles

Bridge over the Missouri
River at St Charles

1,638
1,105

1,638

41.70
21.08
38.00

1889
1889

1889

1878
1873
1878

1

i

Chillicothe to Pat'sburg,Mo.
Centralia to Columbia, Mo.
Brunswick to Chill., Mo. . . .

* Six per cent, until 1900, and 8 per cent, from 1900 to maturity, 1903.

The first and debenture mortgages cover all lines owned by the company — 1,012.3 miles
east of the Mississippi River and, subject to prior divisional mortgages, 532.6 miles west of
the Mississippi River ; also the leasehold interest of the company in the Eel River Railroad,
in the terminals at Detroit, Chicago, Hannibal, Quincy, and Kansas City, and in the bridges
at Hannibal, St. Louis, and Kansas City. A sufficient number of first mortgage bonds are
reserved to retire at maturity, or whenever exchanges can be made, the prior mortgages on
the lines west of the Mississippi River. Trustee of 1st mortgage, Central Trust Company,
New York. The second mortgage is secured on all lines owned by the company east of the
Mississippi River, together with the leasehold interest in the Eel River Railroad, in the ter-
minals at Detroit, Chicago, Hannibal, and Quincy, and in the bridge at Hannibal. The bonds
are for $1,000 each, and are coupon with privilege of registration. Trustee, Metropolitan
Trust company, New York, N. Y.

The debenture bonds are $1,000 each, $3,500,000 of which (Series A) are preferred with
respect to interest payment only ; the balance (Series B), $26,500,000, receive interest only
after interest has been paid on the bonds of Series A, interest on either issue only payable if
earned. Each $100 of this mortgage is entitled to one vote at stockholders' meeting. Mer-

POOR'S MANUAL OF RAILROADS. 627

cantile Trust Co., New York. N. Y., trustee. These bonds are transferable at the company's
office, 195 Broadway, New York City.

Work in under way on a line from Montpelier to Hammond, Ind., 150 miles, to be com-
pleted during 1892. To provide means for building this road the company has executed a
mortgage to the Central Trust Co. of New York to secure an issue of $3,500,100 5 per cent.
50-year gold bonds, maturing July 1, 1941. There is provision for a sinking fund of 2 per
cent, per annum for redemption of tbe bonds at 110.

Annual meeting, second Tuesday in September, at St. Louis, Mo. Interest on prior lien
bonds payable at the National Bank of Commerce, New York ; on 1st and 2d mortgage bonds
of 1939, at the Central Trust Co., New York; and on "A" debentures, at the company's
office in New York. Stock and bonds listed on the New York Stock Exchange ; stock and
" B" debentures also quoted at London.

RAILKOADS OWNED OR LEASED BY THE W ABASH RAILROAD Co.

BOONE COUNTY AND BOONVILLE RAILROAD.— Centralia, Mo., to Columbia, Mo., 21.80;
total track, 22.55 miles. Re-organization April 30, 1873, of the Boone Co. and Jefferson City RR. Co., whose road
was sold under foreclosure April 23, 1873. (See MANUAL for 1891, page 566.) Leased to the Wabash RR. Co.,
for bond interest ; lease expires May 1, 1903. Capital stock, $500.000. and 1st mortgage 7 per cent, bonds. $100,-
000. Interest payable May and November. R. B. PRICE, President ; I. O. Hockaday. Secretary and Treasurer,
Columbia, Mo.

BRUNSWICK AND CHILLICOTHE RAILROAD. -Brunswick, Mo., to Chillicothe, Mo., 38 ;
total track. 40.30 miles. Completed in 1872. Leased for 999 years from August 1. 1878 ; rental, interest on bonds.
Capital stock, g450,OOC : bonds (see statement above), $304,500. B. W. LEWIS, President, St. Louis, Mo.; George
M. Rice. Vice- President, Worcester, Mass.; E. P. Burnham, Treasurer, Saco, Me.; W, B. Corneau, Secretary,
Brunswick, Mo.

EEL RIVER RAILROAD.— Logansport, Ind., to Butler, Ind., 93.90 ; total track, 99.80 miles. Reor-
ganization December 10, 1877. of the Detroit, Eel River and Illinois RR. Co., whose road was sold under fore-
closure July 6, 1877. Leased in perpetuity to the Wabash RR. Co., at a rental of $60,000 per annum till April 1,
1892 : $75, 00 per annum till April 1, 1895 : and $90,000 per annum thereafter ; also $500 per annum for organiza-
tion expenses. Rental payable April 1 and October 1. (See MANUAL for 1891, page 567. For dividends paid since
the organization of the company, see MANUAL for 1891.) Capital stock, $3,000,000. ELIJAH SMITH, Presidfni,
Boston, Mass.; P. W. Smith, Secretary and Treasurer, Boston, Mass.

ST. LOUIS, COUNCIL BLUFFS AND OMAHA RAILROAD.-Chillicothe, Mo., to Pattons-
burg, Mo., 41.70 ; total track, 43.20 miles. Organized October 7, 1870 ; road opened in 1871, when it was leased
to the North Missouri RR. Co. Leased to the Wabash RR. Co. for 999 years from July 1, 1878, for interest on
$626.000 6 per cent, bonds. J. R. LIONBBRGER, President, St. Louis, Mo.; A. L. Hopkins, Vice- President, New
York City ; James F. How, Treasurer and Secretary, St. Louis, Mo.

Board of Directors, Wabash RR. Co., elected September 8, 1891.

O. D. Ashley New York. N. Y. Cyrus J. Lawrence. New York, N. Y. j Thos. H. Hubbard. New York, N. Y

George J. Gould ... " " James F. Joy Detroit. Mich, j John T. Terry

Edgar T. Welles... " " S.C.Reynolds Toledo, O. I Russell Sage '

H.K.McHarg Stamford, Ct. | Sidney Dillon New York, N. Y. James F. How St. Louis, Mo

Charles M. Hays St. Louis, Mo.

O. D. ASHLEY, President New York, X. Y.

Edgar T. Welles, Vice- President New York, N. Y.

James F. How, Vice-President St. Louis, Mo.

Secretary- J. C. Otteson New York, N. Y. I General Manager— Charles M. Hays St. Louis, Mo

Treasurer— Y . L. O'Leary St. Louis, Mo. | Auditor— D. B. Howard

PRINCIPAL OFFICE AND ADDRESS Commercial Building. St. Louis, Mo.

New York Office Western Union Building, 195 Broadway, New York, N. Y.

WADLEY AND MOUNT VERNON RAILROAD COMPANY,

Projected Line of Road.— Wadley, Ga., to Mount Vernon, Ga 54.0 miles.

Completed and in operation : Wadley, Ga., to Ricksville, Ga 29.1 miles

Sidings, etc., 2 miles. Gauge, 4 ft. 9 in. Rail— iron, 40 Ibs. ; steel (25.1 miles), 52 and 56 Ibs.

History. — The old portion of this road, from Wadley out, 16 miles, was originally built
as a logging road. The extension to Ricksville, 14 miles, was built in 1889, and the entire
property sold to the present company, chartered April 30, 1890. -

Rolling Stock. — Locomotive engines, 1 (leased 1), 2. Cars — passenger, 1 (leased 1), 2 ;
combination, 1 ; freight (box, 2 ; stock, 10), 12 ; other, 6 — total cars, 21.

Operations for year ending Juue 30, 1891.— Train mileage and traffic operations not
reported. Earnings— passenger, $5,885.96 ; freight, $23,118.07 ; mail, $1,209.42 ; express,

628 POOR'S MANUAL OF RAILROADS.

$437.78— total, $30.651.23. Operating expenses, $17,331.11. Net earnings, $13,320.12.
Paid interest on debt, $2,574.40. Surplus, $10,745.72.

Financial Statement (latest furnished).— Capital stock ($100 shares), $200,000; other
liabilities, $32,680.15— total, $232,680.15. Cost of road and equipment to March 1, 1891,
$146,735. Estimated cost of completed road thoroughly equipped, $375,000.

Annual meeting, second Monday in January, at Wadley, Georgia.

Directors.— T. J. James, F. M. Fremont, D. L. Cheatham, Atlanta, Ga.; S. B. Perkins,
Wadley, Ga.

T. J. JAMES, President Atlanta, Ga.

James O. Parker, Vice-President Atlanta, Ga.

Gen. Manager— Y. M. Fremont Atlanta, Ga. j Secretary and Treas.—D. L. Cheatham Atlanta, Ga.

Auditor— G. D. Tysor Atlanta, Ga.

WALLKILL VALLEY RAILROAD COMPANY.

Line of Road.— Montgomery, N. Y., to Kingston, N. Y 32.88 mile?.

Sidings, etc., 4.87 miles. Gauge, 4 ft. 8* in. Rail (steel, 33.77 miles), 56 to 67 Ibs.

History,— Organized as W. V. Ry., April 30, 1866 ; road^opened in 1872. Sold under
foreclosure, and reorganized July 2, 1877, under existing title.

Rolling Stock, June 30, 1891.- — Locomotive engines, 3. Cars — passenger, 2; composite,
1 ; baggage, mail, and express, 2 ; freight (box, 12 ; platform, 2), 14 — total cars, 19.

Operations for year ending June 30, 1891. — Train mileage — passenger, 49,535 ; freight,
23,336 ; other, 69,213— total, 142,084 miles. Passengers carried, 167,651 ; carried one mile,
1,585,206 ; average mile rate, 2.96 centB. Tons freight moved, 176,809 ; moved one mile,
2,963,612 ; average ton-mile rate, 3.28 cents.

Earnings.— Passenger $46,946 01

Freight 97,007 40

Mail and Express 4,359 55

Miscellaneous... 93929

Total ($4,539.30 per mile) $149,252 25

Expenses.— Transportation $30,935 02

Motive Power and Cars 33,552 63

Maintenance of Way and Bldgs. . 43,846 10
General and Taxes 8,322 04

Total ($3,547.93 per mile) $116,655 79

Net earnings (21. 84 per cent.), $32,596.46. Payments: Interest on bonds, $17,500; on
floating^debt, $9,624 ; State taxes (net), $268.83— total, $27,392.83. Balance, surplus, $5,-
203.63. * Deficit from last year, $47,037.44. Balance deficit as per balance sheet, $41,833.81.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $330,000 ; funded debt,
1st mortgage 7 per cent. 40-year bonds, due August 1, 1917, interest payable January and
July, $250,000; 2d mortgage income 40-year bonds, same rate and date, $330,000; current
accounts, $34,426.50 ; bond interest accrued, $79,800— total, $1,024,226.50. Contra : Cost
of road, $893,585.08 ; equipment, $51,594.20 ; supplies on hand, $2,693.83 ; current accounts,
$19,515.41 ; cash, $15,004.17 ; profit and loss, $41,883.83— total, $1,024,226.50.

Annual meeting, second Wednesday in December, at New York, N. Y. ; books close
thirty days previously. Interest payable at the company's office.

Directors. — Walter Katte, Herbert E. Kinney, James D. Layiig, James W. Musson,
William H. Sanford, John Carstensen, C. W. Pierson, New York, N. Y. ; Ashbel Green,
Tenafly, N. J.; Lawrence Depew, Detroit, Mich.; E. V. W. Rossiter, Flushing, L. I.; George
S. Prince, Roselle, N. J.; Albert B. Taylor, Norwood, N. J. ; W. C. Taylor, Hastings, N. Y.

ASHBEL GREEN, President New York, N. Y.

Sec. and Treas.—'E. V. W. Roseiter. . .New York, N. Y. | Comptroller— John Carstensen New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS 5 Vanderbilt Avenue, New York City.

WASHINGTON SOUTHERN RAILWAY COMPANY.

Line of Road.— South End of Long Bridge, Va., to Quantico, Va 33.60 miles.

2d track, 3.63 ; sidings, 7.42 miles. Gauge, 4 ft. 9 in. Rail (steel, 39.37 m.), 45, 56, and 60 Iba.
History. — Consolidation March 26, 1890, of the Alexandria and Fredericksburg and the

POOR'S MANUAL OF RAILROADS. 629

Alexandria and Washington Ry. Cos. (See MANUAL for 1890.) This company owns no roll-
ing stock.

Operations for year ending June 30, 1891.— Train mileage— passenger, 149,011 ; freight,
108,216 ; other, 25,473— total, 282,700 miles. Passengers carried, 826,194 ; carried one mile,
7,968,264. Tons freight moved, 731,388 ; moved one mile, 15,080,633. Earnings— passenger,
$126,396.50 ; freight, fl 20,292. 25 ; mail, $20,928.98; express, $11,222.87; other, $9,086.37
—total, $287,876.97. Operating expenses— transportation, $110,538.30 ; motive power, $60,-
163.98 ; maintenance of cars, $5,727,01; way and buildings. $55,464.24; general, $4,622.21
—total, $236,51574. Net earnings, $51,361.23. Payments: Interest on bonds, $50,000 ;
other, $3,027.53— total, $53,027.53. Deficit, $1,666.30 ; deficit forward, $549.41 ; plus charges
during year, $3,389.33— total, $5,605.07.

Financial Statement, June 30, 1891. — Capital stock (authorized $2,500,000; par, $50),
SI. 000,0 K) ; funded debt (1st mortgage 5 per cent. 50-year $1,000 bonds, due May 1, 1940,
interest payable May and November ; authorized, $2 500,000), $1,000,000 ; current accounts,
$44.52 ; other liabilities, $58,333.33— total, $2,058,377.85. Contra : Cost of road, $2,000,000;
real estate and buildings, $7,182.37 ; current accounts, $45,545.92 ; cash on hand, $44.52 ;
profit and loss, $5,605.04— total, $2,058,377.85.

Bonds are coupon, with provision for registration as to principal in name of owner, or to
bearer at option of owner, and are secured by first mortgage on the entire line. Trustee,
Safe Deposit and Trust Co., of Baltimore, Md. Interest payable at Baltimore, Md.

Annual meeting, first Tuesday in April, at the company's office, Alexandria, Va. Regis-
trar of stock, Albert Hewson, Secretary of the company.

Directors (elected April 7, 1891).— John Cassels, Washington, D. C. ; John P. Green.
Philadelphia, Pa. ; Andrew Jamieson, Alexandria, Va. ; James P. Kerr, G. C. Wilkins,
John S. Leib, Baltimore, Md.

J. X. DuBARRY, President Philadelphia, Pa.

Frank Thomson, Vice- President Philadelphia, Pa.

Secretary — Albert Hewson Philadelphia, Pa. | Treasurer — John S. Leib Baltimore, Md.

Auditor — James P. Kerr Baltimore, Md.

PRINCIPAL OFFICE AND ADDRESS Alexandria, Va.

Transfer Office Baltimore, Md.

WATERTOWN AND LAKE KAMPESKA RAILROAD COMPANY.

Line of Road.— Watertown, So. Dak., to Lake Kampeska 3.65

Branch : Watertown, S. D., to Capital Hill 2.00—5.65 miles-
Gauge, 4 ft. 8i in. Rail (steel), 35 Ibs.

History.— Chartered June 16, 1888; and road opened August 15, 1889.

Rolling Stock, June 30, 1891.— Locomotive engines, 2. Passenger cars, 2.

Operations. — Not reported. Operations suspended in September, 1890.

Financial Statement, June 30, 1891.— Funded debt, $20,000 ; floating debt, $25,000—
total debt, $45,000. Contra : Cost of road, $36,700 ; equipment, $8,300— total, $45,000.

Annual meeting, first Monday in January, at Watertown, So. Dak.

Directors.— William Mclntyre, Charles Joscelyne, A. C. Mellette, A. Mclntyre, R. B.
Spicer, WTatertowu, So. Dak.

CHARLES JOSCELYNE, President and Treasurer Watertown, So. Dak.

R. B. Spicer, Secretary Watertown, So. Dak.

PRINCIPAL OFFICE AND ADDRESS Watertown, So. Dak.

WEATHERFORD, MINERAL WELLS AND NORTHWESTERN RY. CO.

Line of Road.— Weatherford, Tex., to Mineral Wells, Tex 23 miles.

Sidings, 2.54 miles.. Gauge, 4 ft. 8* in. Rail (steel, 23 miles), 56 Ibs.

630 POOR'S MANUAL OF RAILROADS.

History. — Chartered July 8, 1889, and road opened December 16, 1890. Road operated
by Weatherford Construction Company up to September 30, 1891. No figures as to opera-
tions, etc., obtainable.

Rolling- Stock. — Locomotive engines, 2. Cars — passenger, 2 ; combination, 2 ; freight
(box, 50 ; platform, 13 ; coal, 15), 78 ; other, 5— total cars, 87.

Financial Statement, October 1, 1891 .—Capital stock ($100 shares), $500,000 ; funded
debt, 1st mortgage 6 per cent. 30-year $1,000 gold coupon bonds, due September 1, 1920,
interest March and Septembei, $500,000— total representing cost of property, $1,00'»,000.

Annual meeting, second Tuesday in June, at Weather ford, Tex. Transfer books close
thirty days previously, and stock owned then may be voted at the meeting. Interest pay-
able at the office of the Central Trust Co. of New York, trustee of bonds and registrar of
stock.

Directors (elected November 6. 1891).— T. R. Stone, Weatherford, Tex.; W. S. Stone,
Kansas City, Mo.; H. L. Warren, Weatherford, Tex.; H. M. Stone, Kansas City, Mo.; A. F.
McKay, E. R. Standish, Guy Short, L. M. Fouts, Weatherford, Tex.; S. M. Finley,
Dallas, Tex.

T. R. STONE, President Weatherford, Tex.

W. S. Stone, Vice-Preaident Kansas City, Mo.

Auditor and Treas.—E. R. Standish. Weatherford, Tex. \ Secretary and Supt.—A. P. McKay. .Weatherford, Tex.

PRINCIPAL OFFICE AND ADDRESS . . .Weatherford. Tex.

WELLSVILLE, COUDERSPORT AND PINE CREEK RAILROAD COMPANY.

Line of Road.— Wellsville, N. Y., to Geneses, Pa 10.45 miles.

Sidings, 1.08 miles. Gauge, 4 ft. 81 in. Rail (steel), 63 Ibs.

History. — Chartered November 14, 1881, and road opened in September, 1890.

Rolling Stock, Juns oO, 1891.— Locomotive engine, 1. Cars — combination, 1 ; freight
(box, 3 ; platform, 7), 10.

Operations from September, 1890, to June 30, 1891.— Train mileage— passenger, 8,116;
mixed, 4,596 — total, 12,712 miles. Passengers carried, 12,314 ; carried one mile, 94,609.
Tons freight moved, 12,774 ; moved one mile, 133,488. Earnings — passenger, $3,457.06 ;
freight, $8,367.78 ; express, $28.57— total, $11,853.41. Expenses— transportation, $3,050.96;
motive power, $1,137.68; cars, $477.28; way and buildings, $1,896.17; general, $690.53—
total, $7,252.62. Net earnings, $4,600.79. Paid interest on bonds, $900. Surplus, $3,-
700.79.

Financial Statement, June 30, 1891. —Capital stock ($100,000 authorized ; $100 shares),
$66,7b5 ; funded debt, 6 per cent. $500 mortgage bonds, dated December 26, 1890, due
October 1, 1902, interest payable April and October ($30,000 authorized), $23,500 ; audited
vouchers, $2,062.98 ; profit and loss, $3,700.79— total, $96,058.77. Contra : Cost of road,
$85,614.94 ; rolling stock, $8,314.44 ; real estate, $1,194.15; due by agents, $280.36 ; cash,
$654.88— total, $96,058.77.

Annual meeting, first Wednesday in November, at Wellsville, N. Y. ; transfer books
close one month previously, and stock owned then may be voted at the meeting. Trustee of
bonds, the Treasurer ; registrar of stock, the Secretary. Interest payable at the office of the
company, Wellsville, N. Y.

Directors (elected November 3, 1890).— John McEwen, E. J. Farnum, H. N. Lewis,
H. K. Opp, W. B. Coats, George H. Blackman, George W. Pierce, George E. Brown, Wil-
liam Duke, Charles Day, Joseph Doty, Rufus Scott, A. J. Applebee, Wellsville, N. Y.

JOHN McEwEN, President Wellsville, N. Y.

E. J. Farnum, Vice- President

Treasurer— H. N. Lewis Wcllsville, N. Y. I Auditor— Charles E. Davis Wellsville, N. Y.

Secretary— H.. K. Opp " | Chief Engineer— George E. Pierce ....

PRINCIPAL OFFICE AND ADDRESS Wellsville, N. Y.

POOR'S MANUAL OF RAILROADS.

631

WESTERN RAILWAY OF ALABAMA.

Line of Road.— Srlma. Ala., to West Point, Ga 132.01 miles.

Siding-?. 17.01 mile.". Gauge, 4 ft. 9 in. Rail (steel, 133.05 miles), 56 Ibs.

History. Chartered March 15, 1883, as successor to the Western RR. of Alabama. The

company's share capital is owned jointly by the Georgia HR. and Banking Co. and the Cen-
tral RR. and Banking Co. of Georgia. (See MANUAL for 1886, page 453.)

Rolling Stock, June 30. 1891.— Locomotive engines, 17. Cars— passenger, 12 ; baggage,
mail, and express, 4 ; freight (box, 332 ; platform, 50 ; coal, 32 ; stock, 10 ; caboose, 5), 429 ;
service car*, 1 — total cars. 452.

Operations for year ending June 30, 1891. — Train mileage — passengrer, 206 714 ; freight,
151,120 ; other. 72,743— total, 530,577 miles. Passengers carried, 210,063 : carried one mile,
7,585,879 ; average mile rate, '2,505 cents. Tons freight moved, 320,428 ; moved one mile,
20,323.159 ; average ton-mile rate, 1.6-19 cents.

Earnings.— Passenger

Freight

Mail and Express.
Miscellaneous . .

.$190,043 50 Expenses.— Transportation

. 335.302 92

7,244 45

Total ($4,334.67 per mile) $572.220 49

.$163,600 84

Maintenance of Equipment 80,603 23

Roadway and Buildings 98,857 37

General... 76,91657

Total ($3,181 .4 1 per mile} $419,978 01

Net earnings (26.61 per cent.), $152,242.48 : other receipts, $6,460.46— total, $158,702.94.
Payments: Interest on bonds. $89,927.50; other, $28,622.99— total, $118,550.49. Surplus,
$40,152.45 ; surplus forward, $47,990.40— total, $88.142.85.

General Balance Sheet, July 1, 1891.

Cost of Road, Equipment, etc $4,543,000 00 Capital Stock $3,000,000 00

Materials and Fuel or Hand 52,121 36 Funded Debt Outstanding 1,543,00000

Current Accounts 141,7il 19 j Bills Payable 51,09824

Cash on Hand 38,521 68 | Current Accounts 117,673 14

Biils Receivable 24,50000 Profit and Loss 88,14285

Total Asset? $4,790,914 23 Total Liabilities ....$4,799,914 23

Statement of earnings, expenses, etc., for seven years :

1885

(104.67 m.)

1886

(138 m.)

1887

(138 m.)

1888 1889

(138m.) (132.01 m.)

1890

(132.01m.)

1891

(132.01 m.)

Gross Earnings

465 866 11

465 234 89

462 528 79

431 466 98 482 128 16

566,050 41

?

572,220 49

Exi>en«es. Taxes, etc. . .

309,279 §8

300.074 60

298,617 72

348,775 01 344,346 26

356.208 74

419,978 01

Net Earnings

156,586 23

165,160 29

163.911 07

82 691 97 137,791 90

209,842 67

152,242 4S

Gross Earnings per Mile
Gross Expenses per Mile
"NTet Earnings per Mile..
Expenses to Earnings. . .

4,450 81
2,954 89
1.495 92
66.39 p. c.

3,371 27
2,174 45
1,196 82
64.50 p. c.

3,351 65
2.163 89
1,187 76
64.57 p. c.

3,126 57 3,652 21
2,527 50 2,608 48
599 07 1,043 73
80.83 p. c. 71.42 p. c.

4. "287 93
2.698 34
1.589 59
62.92 p. c.

4.334 67
3,181 41
1,153 26
73.39 p. c.

Funded debt consisted, June 30, 1891, of 1st mortgage 4£ percent. 30-year $1,000 gold
coupon bonds, due October 1, 1918, interest payable April and October, at the office of the
New York Indemnity and Guaranty Co., and guaranteed by the Georgia RR. and Banking Co.
and tlie Central RR. and Banking Co. of Georgia. Trustee, Metropolitan Trust Co., New York.

Annual meeting, on the 14th of August, at Montgomery, Ala.

Directors (elected August 14, 1891). — E. P. Alexander, Savannah, Ga.; M. H. Smith,
Louisville, Ky. ; Henry C. Semple. Jeff. M. Faulkner, Montgomery, Ala. ; Alex. C. King,
Atlanta, Ga. ; John W. Green, Augusta, Ga.

C. H. PHINIZT, President Augusta. Ga.

Secretary and Treasurer— H. M. Abbett. . .Atlanta, Ga. | Auditor— Thomas J. Hunter Atlanta, G*

PRINCIPAL OFFICE AND ADDRESS .. ..Atlanta, Ga.

632

POOK'S MANUAL OF RAILROADS.

WESTERN MARYLAND RAILROAD COMPANY.

Line of Road. — Baltimore (Fulton Station). Md., to Williamsport, Md 90.00 milep.

C Baltimore and Cumberland Valley RR. in Maryland 3.03

T caspd • J Battimore ana Cumberland Valley RR. in Pennsylvania. ... 4.55

' I Baltimore and Cumberland Valley RR. Extension 2-6.52

t Baltimore and Harrisbury Railway 81.00 — 115.10 miles.

Total length of railroad operated, September 30, 1891 205.10 miles.

Sidings, etc. (all lines), 41.49 miles. Gauge, 4 ft. 8£ in. Rail (steel, 191.20 in.), 56 and 60 Ibs.

In addition to the above mileage, the company uses 3 miles of road in Baltimore, owned
jointly with the Northern Central and the Baltimore and Potomac RR. Cos.

History. — Chartered March 21, 1853, and road completed December 17, 1873. (See MAN-
UAL for 1891.)

The Potomac Valley RR. is being built from Williamsport to a connection with the Balti-
more and Ohio RH. at Cherry Run, 14 miles, and will be completed during the current year.
The P. V. RR. Co., on January 1, 1891, filed a mortgage with the Mercantile Trust and
Deposit Co. of Baltimore, to secure an issue of $2,000,000 gold 5 per cent. 50-year 1st mort-
gage bonds, due January 1, 1941, secured on the new road, and also by collateral mortgages
upon connecting lines in Pennsylvania and West Virginia, and by traffic contracts aud per-
sonal guarantees of the Western Maryland and the Baltimore and Harrisburg Cos. (See
MANUAL for 1891.) The Tidewater enterprise, referred to in the MANUAL for 1891, was not
pushed during the past year.

Rolling Stock, September 30, 1891. — Locomotive engines, 37. Cars — passenger, 63; bag-
gage, mail, and express, 16 ; freight (box, 322 ; platform, 4 ; coal, 236 ; stock, 52; caboose,
7), 621 ; other cars, 129— total cars, 829.

Operations for year ending September 30, 1891. — Train mileage — passenger, 664,920 ;
freight, 443,187 ; other, 21,779— total, 1,129,886 miles. Passengers carried, 1,208,882 ; car-
ried one mile, 23,660,600; average mile rate, 1.60 cents. Tons freight moved, 585,017;
moved one mile. 19,938,927 : average ton-mile rate, 2.08 cents.

Earnings.— Passenger $378,889 69

Freight, Express, Milk, etc 470,452 18

Mail 34,110 29

Miscellaneous 20,92587

Total ($4,409.45 per mile) $904,378

Expenses.— Transportation $335,700 70

Motive Power and Cars 79,924 47

Roadway and Buildings 118,981 45

General . 36,56236

Total ($2,784.83 per mile) $571,168

Net earnings (36.84 per cent.), $333,209.05 — less extraordinary expenses for betterments,
$81,769.67— surplus for year, $251,439.38.

Statement of operations and financial condition for eight years :

1884

(126.60m.)

1885

(126.60m.)

1886

(126.60m.)

1887

(126.60m.)

1888

(205.60m.)

1889

(205.10m.)

1890

(205.10m.)

1891

(205.10m.)

Train Miles
Passengers Carried.
Freight (tons) Moved

Gross Earnings

802,135

722,414
311,025

665,996
407,750

765,281
672,316
285,485
$
619,217
387,082

804,634
727.438
274,959
$
617,561
378,425

791,533
766,640
309,350
$
659,434
398,325

1,014,440
904,081
406,767

771,210
480,526

1,070,480
1,016,352
403,998

773,468
517,742

1,056,727
1,071,148
462,877

812,055
534,184

1,129,886

1,208,882
585,017

904,378
571,169'

Operating Expenses.

Net Earnings

258,246
5,260 63
3,320 77
2,039 86
61. 22 p. c.

682,750
3,675,000
707,569

232,135

4,891 13
3,057 52
1,83861
62.51 p. c.

682,950
3,675,000
749,882

239,136
4,878 05
2,989 14
1,88891
61. 28 p. c.
$
683,750
3,670,000
768,565

269,109
5,208 80
3,14622
2,062 58
59. 19 p. c.

684,150
3,897,000
846,287

290,684
3,751 02
2,337 19
1,41383
62. 31 p. c.
$
684,700
3,897,000
1,108,201

255,726
3,718 60
2,489 14
1,229 46
66. 94 p. c.

684,700
3,897,000
1,813,749

277,871
3,904 11
2,568 19
1,335 92
65. 78 p. c.
$
684,700
3,897,000
1,893,676

333.209
4.409 45
2,784 83
1,624 62"
63. 16 p. c.

684,700
3,897,000
1,916,089

Gross Earnings per Mile...
Gross Expenses per Mile. . .
Net Earnings per Mile
Expenses to Earnings

Capital Stock

Funded Debt

Profit and Loss, etc

Total Liabilities ..

5,065,319
4,984,165
30,000
51,154

5,107,832
5,023,202
30,000
54,630

5,127,315
5,052,056
30,000
45,259

5,427,437

5,068,755
100.000
258,682

5,689,901
5,207,941
100,000
381,961

6,395,449

5,928.782
100,000
366,667

6,475,386
5,956,051
100,000
419,325

6,497,789
6,030,814
100,000
366,975

Road and Equipment ....
Sinking Fund

Accounts and Balance
Total Assets

5,065,319

5,107,832

5,127,315

5,427,437

5,689,901

6,395,449

6,475,376

6,497,789

POOR'S MANUAL — WESTERN MARYLAND RR. CO.

633

General Balance Sheet, September 30, 1891.

Cost of Road and Appurtenances $4,775,450 91

Equipment and Betterments 1,255,364 26

Balance due by Other Roads

Sinking Fund, 5th Mortgage 100,000 00

Materials and Fuel on Hand 12,787 34

Funded Coupon Certificates 226,530 00

New Tracks 57,125 86

Cash on Hand ... 44,274 76

Capital Stock $684,700 00

Funded Debt Outstanding 3,897,000 00

26,25592 City Loan, 1925 684,00000

Bills Payable 36S.655 68

Balto. & Har. Ry. Co. (Western Ext.), etc. 32,657 61

General Revenue 830,775 76

Total Assets $6,497,789 05 Total Liabilities. . .

Statement of funded debt in detail, September 30, 1891 :

§6,497,789 05

Classes of Bonds.

Date.

Interest.

Mature.

Amount.

1st Mortgage (indorsed by Baltimore City)-
2d Mortgage, Preferred Bonds
3d Mortgage (indorsed by Baltimore City). .
4th Mortgage (Baltimore City Stock)

Jan. 1, 1860
Jan. 1, 1866
Jan. 1, 1870
Jan 1, 1872

6 p. c., Jan. & July
6 p. c., Jan. & July
6 p. c., Jan. <fe July
6 p. c. Jan. & July

Jan. 1 1890
Jan. 1 1895
Jan. 1 1900
Jan. 1 1902

$43,500
178,500
875,000
1,000000

5th Mort^a^e

Jan. 1, 1887

3J p. c., Jan. & July

Jan. 1 1927

1,800,000

The 4th mortgage bonds were exchanged for Baltimore City stock. The sinking funds
of this company, in the hands of Baltimore Commissioners of Finance, are as follows: Hillen
Station Sinking Fund, $36,768.26 ; W. M. RR. Terminal Co. Sinking Fund, $10,312.91 ; 5th
Mortgage Sinking Fund, $110,603.75; W. M. RR., 1925 Loan, $50,917.75— total, $208,602.67.

On December 21, 1882, there was received from City of Baltimore, $371,000 on account
of improvement loan (see MANUAL for 1884, page 375); on July 2, 1883, $131,000; on July 2,
1884, $115,000; and on July 2, 1885, $67,000-a total of $684,000, all of which has been
expended for improvements, etc.

Annual meeting, third Wednesday in October, at Hillen Station, Baltimore, Md. Interest
payable at Hillen Station, Baltimore, Md.

RAILROADS LEASED OR OWNED BY THE WESTERN MARYLAND RR. Co.

BALTIMORE AND CUMBERLAND VALLEY RAILWAY.-From Edgemom, Md., to
State Line, Pa.. 3.03 miles. Sidings, 0.45 mile. Rail (steel, 3.03 miles), 56 Ibs. Chartered in 1878 ; road opened
July 5. 1880. Leased to Western Maryland RR. Co., for 50 years from July 1, 1879, with privilege of renewal or
purchase ; rental, interest on bonds. Capital stock (par, $50 i, $42,500 ; funded debt, $48,500 let mortgage 6 per
cent. 50-year bonds, due July 1, 1929, interest January and July — total, representing; cost of road, $91,000. In-
terest payable at Hillen Station, Baltimore, Md. J. M. HooJ),iPreitident ; George H. Baer, Secretary and Treas-
urer. Baltimore, Md.

BALTIMORE AND CUMBERLAND VALLEY RAILROAD.-State Line,Md.. to Waynes-
boro'. Pa., 4.55 miles. Sidings, 1.95 miles. Rail (steel, 4.55 miles). 56 Ibs. Chartered in 1878 ; road opened July
5, 1880. Continuation in Pennsylvania of B. <fc C. Valley Ry., and leased to W. M. RR. for interest on bonds, the
term and conditions of the lease being the same as for the Md. road. Capital stock (par, $50). $576,700 : f utided
debt, «72,800 1st mortgage 6 per cent. 50-year bonds, due July 1, 1929. interest January and July at Hillen Sta-
tion, Baltimore— total, $149,500. Cost of road, $152.432.05. I. N. SNIVELT, President; Joseph Price, Treas-
urer ; J. J. Miller, Secretary, Waynesboro', Pa.

BALTIMORE AND CUMBERLAND VALLEY RR. EXTENSION.— Waynesboro'. Pa.,
to Shippensburg, Pa., 26.52 miles. Chartered in 1880 ; road opened to Chambersburg, September 5. 1881 ; to Ship-
pensburg October 24, 1881. Extended, 0.5 mile to a connection, in Shippensburg, with the Harrisbur^ and Poto-
mac RIt., December 10, 1886. Leased to the W. M. RR. Co. for 50 years from July 1, 1881. with privilege of
renewal, at an annual rental of $32,700. being 7 per cent, dividend on stock, and interest on bonds, both payable
-January and July at Hillen Station, Baltimore. Md. Capital stock (par. §50). $270,000; funded debt (1st mort-
gage 6 per cent. 50-year bonds, due July 1. 1931, interest January and July), $230.000 — total, representing cost of
road, etc. ($19,215.96 per mile), $500,000. DAVID WILLS, President. Gettysburg, Pa.: Daniel J. Foley. Treasurer,
Baltimore, Md.; T. M. Mahon, Secretary, Chambersburg, Pa. GENERAL OFFICE. Chambersburg, Pa.

BALTIMORE AND HARRISBURG RAILWAY.-Emory Grove. Md., to Orrtanna, Pa., 58.7 ;
Valley Junction to Hanover Junction, Pa., 6 ; Intersection to State Line, 1.3— total. 66 miles. Operated : Bal
timore and Harrisburg Ry., Western Extension, 15 miles. The Berlin Branch is also operated, but accounts are
kept separate. Sidings, 7.76 miles. Gauge, 4 ft. 8} in. Rail (steel, 66.20 miles), 56 Ibs. Consolidation, October,
1886, of the Hanover Junction, Hanover and Gettysburg ; the Bachman Valley and the Baltimore aud Hanover
RR. Co.'s. (See MANUAL for 1888, page 338.)

Rolling Stock.— Locomotive engines, 8. Cars— passenger, 8 ; baggage, etc., 2 ; freight (box, 45 ; platform,
26 ; stock, 16), 87— total, 97. Also 41 service and 2 caboose cars.

Earnings, Expenses, etc., September 30, 1891.— Gross earnings, $164.203.96 ; operating expenses, $99,250.84—
net earnings, $64,953.12. These figures are included in the accounts of the Western Maryland.

Financial Statement. September 30, 1890.— Capital stock (common, $690,900 ; preferred, $29,100), $720,000 ;
funded debt, $690.000 ; bills payable (for steel rails), $32,500 ; loan account, $4.000 ; Western Maryland RR. Co.,

634

POOR'S MANUAL OF RAILROADS.

$20,118.58; general revenue, $35,688.85— total, $1,502,247.43. Contra: Cost of road and appurtenances, $1,408,-
884.15; equipment and betterments, $42,893.22 ; new tracks, $43,972.49 ; material on hand $124083- cash on
hand, $5,256.74— total, $1,502,247.43.

Funded debt consists of —

1st mtge. Btchman Vy. RR. 5 p. c. 20-year bonds, due April 1, 1892, int. Apr. & Oct. (authorized, $50,000. . $45,000
1st mtge. Han.Jc.,Han. & Gett*b'g 6 p. c. 20-yr. bds., due Jan. 1, 1895, int. Jan. & July (authorized, $300,000). 42,000
1st mtge. Bait. & Han. RR. 6 p. c. 20-yr. bds., due Jan. 1, 1899, int. Jan. & July (authorized, $120,000). . . 120,(KX)
1st mtge. Bait. & Harrisb'g RR. 5 p. c. 50-yr. bds., due Nov. 1, 1936, int. May & Nov. (authorized, $690,000). 483,000

On the 1st of November, 1886, the consolidated Baltimore and Harrisburg RR. was leased for 99 years to the
Western Maryland RR. Co. Interest on the several issues of bonds payable at Baltimore, Md. A. W. EICHEL-
BERGEB, President ; R. M. Wirt, Secretary and Treasurer, Hanover, Pa. GENEKAI, OFFICE, Hanover, Pa.

.Board of Directors, Western Maryland RR. Co., elected October 21, 1891.

John W. Cable.... Smithsburg, Md. I John C. Legg Baltimore. Md.

Robert Biggs..

L. L. Jackson

Win. Keyser

Christian Devries . . .

Baltimore, Md.

E. G. Hipsley Baltimore, Md. | J. M. Littig. . .

I C.W.Humrichouse.Wiirmsport, Md. I William S. Rayner . .

" I Sam1] D. Schmucker. Baltimore, Md. | Levi Weinberger

Edward Wortliington Glyndon, Md.

JOHN M. HOOD, President and General Manager Baltimore, Md.

George H. Baer, Secretary and Treasurer " "

PRINCIPAL OFFICE AND ADDRESS Hillen Station, Baltimore, Md.

WESTERN NEW YORK AND PENNSYLVANIA RAILROAD CO.

f Buffalo, N.Y., to Emporium, Pa.. 120.55

«f Road Owed

[Olnan, N. Y., to Oil City, Pa 100.90—402.85 miles.

Branch Lines Owned 25.20 miles.

Lines of Proprietary Companies 204.93 miles.

Lines used under Trackage Contract 6.30 miles.

Total length of lines owned, leased, and operated, June 80, 1891 639.31 miles.

2d track, 8.10 ; sidings, 193.28 miles. Gauges, 4 ft. 8-J in. and 3 ft. Rail (steel, 695.72 m.),
56, 60, and 67 Ibs.

History, — This company is successor, after foreclosure sale in September, 1887, to the
Buffalo, New York and Philadelphia RR. Co. (See MANUAL for 1885 and 1887).

The following statement shows the lengths of the several divisions :

OPERATING DIVISIONS.

LENGTH OF RR.

Total
Track
Owned.

Steel
Rails
in
Main
Track.

Total.

N.Y.

Penn.

Buffalo Division :

Buffalo, N. Y. & Phila. RR. : Buffalo, N. Y., to Emporium, Pa
McKeati & Buffalo RR • Larabee Pa to Clermont Pa ....

M.
120.55
22.15

136.43
16 30

M.

78.65

86.43

3f.

41.90
22.15

50.00
16.80
8.90
22.70
6.30
50.20
36.00

'io'.ii

14.75
14.04
18.28

M.

[-226.72

]
\ 392. 44

1
^ 221. 53
j

M.

150.80

282. S3-

J 101. 07

}• 24.19

I

J ,.»

Pittsburgh Division:
Buffalo, N. Y. & Phila. RR. : Buffalo, N. Y., to Oil City, Pa
Union City Branch • Tyronville Pa to Union City Pa j

Pioneer Branch • Titusville Pa to Pioneer, Pa

8 90

Buffalo, N. Y. & Phila. RR. : Oleari, N. Y., to Warren, Pa
Philadelphia & Erie RR • Warren Pa to Irvineton, Pa . .

59.70
6 80

37.00

Buffalo, N. Y. & Phila. RR. : Irvineton, Pa., to Oil City, Pa
Buffalo, N. Y. & Phila. RR. : Stoneboro', Pa., to New Castle, Pa

Rochester Division :
Oenesee Valley Canal RR. : Rochester, N. Y., to Hinsdale, N. Y
Ofnesee Valley Terminal RR. : Chili, N. Y.. to Gates, N. Y
Olean, Bradford A, Warren RR. : Olean, N. Y., to Perm. State Line .
Olean, Bradford & Warren Ry. : Penn. State Line to Bradford, Pa. .
Bradford RR. : Bradford, Pa., to Intersection Kinzua RR
Kinzua RR • Intersection Bradford RR to Kinzua Pa

50.20
36.00

98.61
2.46
12.53
10.11
14.75
14 04

98.61
2.46
12.53

Kendall <fe Eldred RR. • Eldred Pa , to Tarport Pa

18.28
12.00

12.66

Rochester, N. Y. & Penn. RR. : Nunda June., N. Y., to Swain's, N.Y .
Totals .... .

639.31

327.68

311.63

840.69

559.95

POOR'S MANUAL — WESTERN NEW YORK AND PENNSYLVANIA RR. CO. 635

Rolling Stock, June 30, 1891.— Locomotive engines (standard gauge, 130 ; narrow
gauge, 9), 139. Cars as follows:

Passenger Cars (118).

Narrow
Gauge.

Standard
Gauge.

Freight Cars (8,229).

Narrow
Gauge.

Standard
Gauge.

Other Curs (36).

& i>
t *
l<3

Standard
Gauge.

1st Class Passenger
2d Class Passenger
Passenger and Baggage .
Baggage and Mail

8

1
6

3

47

15
7
22
2

Caboose . .

1
46
32

'is'

66

1,206
234

6,207
12

Official

2
15
3
'Z
4
9

Box...

Wrecking and Tool

Flat

Snow Ploughs

1

Rack
Gondola . .
Tanks

Ditching and Pile Driver.
Fl anger & Steam Shovel.
Water, Cinder, and Shop.

Shop Workmen's .
Picnic

Total

Iron Gondolas(leaeed)

25

93

97

7,732
400

1

35

Operations for year ending June 30, 1891.— Train mileage— passenger, 1,193,140 ; freight,
2,081,586 ; other, 916,806— total, 4,191,532 miles. Passengers carried, 1,522,867 ; carried one
mile, 31,406,571; average mile rate, 2.767 cents. Tons freight moved, 4,362,492 ; moved one
mile, 445,981,766 ; average ton-mile rate, 0.604 cent.

Earnings.— Passenger $752,978 51 \ Expenses.— Transportation $1,158,072 17

Freight 2,677,694 80 ; Maintenanceof Equipment. . . . 507,083 82

Mail and Express 84,352 09 \ Roadway and Buildings 626,993 58

Miscellaneous 47,643181 General... 193,63342

Total ($5,572.68 per mile) $3,562,668 58 ! Total ($3,888.23 per mile) $2,485,782 39

Net earnings (30.22 per cent.), $1,076.886.19; other receipts, $4,074— total,
$1,080,960.19. Payments: Interest on 1st mortgage bonds, $503,500; on real estate mort-
gages, $21,586.46 ; on equipment notes, $20,836.45 ; taxes, $86,851.51— total, $632,774.42.
Surplus, $448,185.77; add $137,500 for equipment erroneously charged to profit and loss in
1887 ; $6,025 for discount on 2d mortgage bonds purchased ; $1,744.06 for sundry items of
old accounts, and $10,084,056 for increase in valuation of 102,695.56 shares company stock
and 645 shares Lacka wanna and Southwestern stock from $250,000 to their par value — total,
$10,677,510.83. Deduct deficit, June 30, 1890, $1,211,254.56; interest on 2d mortgage bonds
in scrip, $974,579.15; interest on equipment notes, paid previous to June 30, 1890, $42,862.75
—total, $2,228,696.46. Surplus, June 30, 1891, $8,448,814.37.

General Balance Sheet, June 30, 1891.

Construction and Equipment

..$62.507,636 87

Capital Stock (par, $100)

$80.000,000 00

Land Owned in Michigan

5 982 89

Funded Debt

30 79° 000 00

Stocks and Bonds Owned
Materials on Hand
Due by Agents and Others
Interest Incl. in Equip. Notes

. . 10,830,733 02
202,256 96
327,015 51
195,673 90

New Equip. Notes, Incl. Interest
Second Mortgage Income Scrip
Mortgages on Real Estate
Non-Convertible Scrip of 1907 ...

1,098,477 45
1,788,784 44
353,304 00
390,907 20

Coupon Account

161 817 08

279 7°5 83

Caen on Hand

96,540 84

Scrip for 2d Mortgage Interest Accrued . .
Wages and Supplies
Profit and Loss Account

647,146 03
528,497 75
8,448,814 37

Total Assets $74,327,657 07 I Total Liabilities $74,327,657 07

Funded debt ($30,792,000), consisted June 30, 1891, of the following:

let mtge. 5 per cent. 50-year $1,000 gold bonds, due January 1, 1937, interest January and July $8,950,000

mtge. (W. <fc F. RR.) 7 p. c. 21-year $500, etc., coupon bonds, due Feb. 1, 1896, interest Feb. & Aug. 800,000

2d mtge. 40-year $1,000 bonds, due October 1, 1927, interest April and October 19,984,000

2d mtge. 5 per cent, debenture bonds, due 20 years after issue, interest (if earned) April and October. . . 1,058.000
The fir tt mortgage bonds outstanding were issued under the terms of the reorganization
plan, and are listed on the New York Stock Exchange. The remainder of the authorized
issue, $1,050,000, are held in trust— $800,000 to retire Warren and Franklin bonds, which
become due February 1, 1896, and $250,000 for betterments and equipment. The bonds are
a first lien on the railroad and franchises, and a second on the old equipment and the Buffalo
Terminal property. Trustee, Mercantile Trust Co., New York.

The second mortgage bonds bear interest, payable April and October, at the rate of 3 per
cent, in cash or scrip for first five years (if paid in scrip to be at the rate of 5 per cent.), 3 per

636 POOR'S MANUAL— WESTERN NEW YORK AND PENNSYLVANIA SYSTEM.

cent, in cash for second period of five years, and 4 per cent, absolutely thereafter, liable to
increase up to 7 per cent., if earned. The bonds are a second lien on the railroad, and a first
on the old equipment, the Buffalo terminal property, and the stocks and bonds of the Union
Terminal Co., formerly held by the old company. Trustee, Fidelity Insurance, Trust and
Safe Deposit Co., Philadelphia, Pa. Holders of the second mortgage bonds have the right
for four years of nominating and having elected four members of the board of directors, one
of whom may be Vice-President or other executive officer of the company.

The debenture bonds were issued in exchange for second mortgage income scrip. These
bonds are due 20 years after date of issue, but redeemable at option ; interest non-cumula-
tive, payable only if earned.

The company holds $10,269,556 of the new stock in its treasury— $10,000,000 of which
can be disposed of only by the unanimous consent of the stockholders. Stock is entitled to
3 per cent, after payment of an equal rate in cash on second mortgage bonds and interest on
scrip or debentures. After payment of 3 per cent, more on 2d mortgage bonds stock is enti-
tled to another 3 per cent., and all surplus over 7 per cent, on 2d mortgage bonds is appli-
cable to payment of increased dividends on stock. Registrars of stock, Farmers' Loan and
Trust Co., New York, N. Y. ; and the Fidelity Insurance, Trust and Safe Deposit Co., of
Philadelphia, Pa. Capital stock, both issues of first mortgage bonds and 2d mortgage bonds
of 1927, listed on the New York Stock Exchange ; capital stock and 2ds also listed in London.

RAILROADS LEASED AND OWNED BY WESTERN NEW YORK AND PENNSYLVANIA RR. Co.

BRADFORD RAILWAY.— Bradford, Pa., to intersection Kinzua RR., 14.75 miles. Gauge, 3 ft.
Rail, 40 Ibs. Opened in July, 1881. Leased to the Western New York and Pennsylvania RR. Co., which owns
the entire capital stock. Capital stock, $100,000.

GKENESEE VALLEY CANAL RAILROAD.— Hinesdale, N. Y., to Rochester, N. Y., 98.61 miles.
Gauge, 4 ft. 8$ in. Chartered July 15, 1880 ; road completed in 1882. Leased to the Western New York and
Pennsylvania RR. Co., which owns entire capital stock— $1,140,000.

0-ENESEE VALLEY TERMINAL RAILROAD.-Chili, N. Y. (G. V. C. RR.), to Gates (N. Y.
C. & H. R. RR.), New York, 2.46 miles. Gauge, 4 ft. 8| in. Rail (steel, 2.46 miles), 56 Ibs. Chartered August
14, 1882. Leased to Western New York and Pennsylvania RR. Co. Capital stock, $500,000 ; 1st mortgage bonds,
$500,000.

KENDALL AND ELDRED RAILROAD.-Eldred, Pa., to Tarport, Pa., 18.38 miles. Gauge, 3
feet. Rail, 30 Ibs. Opened July 30, 1877. Leased to the Western New York and Pennsylvania RR. Co., which
owns its entire capital stock— $150,000.

KINZTJA RAILROAD.— Intersection Bradford RR. to Kinzua, 14.04 miles. Gauge, 3 ft. Rail, 40 Ibs.
Leased to the Western New York and Pennsylvania RR. Co., which owns the entire capital stock— $100,000

MCKEAN AND BUFFALO RAILROAD.-Larabee, Pa., to Clermont, Pa., 22.15 miles. Gauge,
4ft. 8} in. Leased to the Western New York and Pennsylvania RR. Co., which owns its entire capital stock
(par, $50)— $400,000.

OLEAN, BRADFORD AND WARREN RAILROAD.— Olean, N. Y , to Penn. State Line, 12.53
miles. Gauge, 3 ft. Rail, 35 and 40 Ibn. Organized October 17, 1877 ; opened in 1878. Leaned to Western New
York and Pennsylvania RR. Co., which owns its entire capital stock. Capital stock, $150,000 ; profit and loss,
$22,806.21— total, $172,806.21. Contra : Cost of road and equipment, $147,982.34 ; B., N. Y. & P. RR. lease ac-
counts. $24,823.87.

OLEAN, BRADFORD AND WARREN RAILWAY.-New York State Line to Bradford, Pa.,
10.11 miles. Gauge, 3 ft. Rail, 40 Ibs. Road opened in 1878. Leased to the Western New York and Pennsyl-
vania RR. Co., which owns its entire capital stock. Capital stock, $150,000 ; profit and loss, $22,806.21— total,
$172,806.21. Contra : Cost, of road, $147,932.34 ; B., N. Y. & Phil, lease account, $24,823.87— total, $172,806.21.

UNION TERMINAL RAILROAD. -Chartered June 12, 1884, and acquired the terminal property
of the Buffalo, New York and Philadelphia RR. Co. in the city of Buffalo, issuing $1,000,000 bonds in payment
therefor. Leased and operated by the Western New York and Pennsylvania RR. Co. Financial Statement,
June 30, 1890.— Capital stock (authorized, $1,000,000 ; par, $100), $302,500 ; funded debt, 1st mortgage 6 per cent.
30-year bonds, due June 1, 1914. interest June and December, $1,000,000— total representing co.*t of property, $1,-
302,500. Directors.— C. H. Allen, New York, N. Y.; S. G. Be Cour«ey, Nicholas Thouron, Philadelphia, Pa.;
Robert Bell, E. T. Johnson, William L. Doyle, F. S. Buell, J. H. Poole, R. D. McCreary, J. A. Fellows, E. G. T.
Adams, R. L. Manning, J. D. Hancock, Buffalo, N. Y. S. G. DB COURSEY, President, Philadelphia. Pa.; F. S.
Buell, Secretary and Treasurer ; John F. Reynolds, Acting Auditor, Buffalo, N. Y. GENERAL OFFICE, Buffalo, N.Y.

Board of Directors, Western New York and Pennsylvania RR. Go.

J. Rundle Smith... Philadelphia, Pa.

Wm. C. Bullitt

John K. Barclay. .

Edward T. Sweet.. Philadelphia, Pa.
George E. Bartol..
E. W. Clark, Jr.. .

Sam.G. De Coursey.Philadelphia,Pa.
Edward L. Owen. .New York, N. Y.
Nicholas Thouron.. Philadelphia, Pa.

Pascal P. Pratt Buffalo, N. Y. | Charles M. Lea. . . .' Philadelphia, Pa.

SAMUEL G. DE COURSEY, President Philadelphia, Pa.

Asst. to Prest.—J. E. Shields. . . . . .Buffalo, N. Y. I Secretary— Joseph R. Trimble Philadelphia, Pa.

Treasurer— Franklin S. Bnell " " I Auditor— J. F. Reynolds Buffalo, N. Y.

Registrar of Trans, in Philadelphia— The Fidelity Insurance, Trust and Safe Deposit Co.

Registrar of Trans in New York— Farmers' Loan and Trust Co.
£egistrar-}S.eTC&nti\o Trust Co New York, N. Y. | Transfer Agency in New York. . . Continental Trust Co.

PHILADELPHIA OFFICE. .242 S. Third St. | BUFFALO OFFICE 84 Exchange Street.

POOR'S MANTJAL OF RAILROADS.

937

WEST VIRGINIA CENTRAL AND PITTSBURGH RAILWAY CO.

Main Line of Road.— W. Va. C. June., near Piedmont, to Elkins, W. Va.. .84.35 miles.

Mineville Branch : Shaw, W. Va., to Elk Garden Mines (Mineville) 2.00 miles.

Elk Garden branch : Harrison to Elk Garden, W. Va 7.00 miles.

Davis Branch : Thomas Junction to Davis, W. Va 6.00 miles.

Leased : Piedmont and Cumberland Railway 29.23 miles.

Total length of all lines operated December 31, 1891 128 . 58 miles.

2d track, 1.46 ; ridings, 24.58 miles. Gauge, 4 ft. 8* in. Rail (steel), 56, 60, and 70 Ibs.

History. — Chartered February 23, 1881 ; main line opened throughout on August 18,
1889. The Mineville Branch was opened October 19, 1881 ; the Davis Branch, November 1,
1884; the Elk Garden Branch, December 17, 1888. Since the close of the fiscal year the
company has completed an extension from Elkins to Belington, W. Va., 17.6 miles, and a
branch from Elkins Junction to Beverly, W. Va., 5.5 miles. This road is intended to con-
nect with the Chesapeake and Ohio RR. at Charleston, W. Va. The company owes 29,069
acres of coal lands and 3,175 acres of iron-ore lands, and has mineral rights 011 1,743 acres of
coal land and 3,664 acres of iron-ore land. It also owns 14 acres of land at the junction of
the B. & O. RR., near Piedmont, W. Va., and lands for depot and terminal purposes at other
points on the road.

Rolling Stock, December 31, 1891. — Locomotive engines, 25. Cars — passengers, 8 ;
combination, 7 ; freight (box, 80 ; flat, 295 ; coal and coke, 879 ; iron coal hopper, 196),
1,450 ; cabin, 12 ; crane, 2— total cars, 1,479. Also, 27 hand cars and 39 hand trucks.

Operations for year ending December 31. 1891. — Train mileage — passenger, 168,134 ;
freight, 276,579 ; mixed, 25,322 ; other, 142,183— total, 612,218 miles. Passengers carried,
176,157; carried one mile, 3,625,866 ; average mile rate, 2.60 cents. Tons freight moved,
1,295,126 ; moved one mile, 70,178,297 ; average ton-mile rate, 0.70 cent. Earnings— pas-
senger, $95,058.32 ; freight, $494,706.79 ; mail, $6,946.44 ; express, $5,825.17 ; car mileage,
'$97,307.75; miscellaneous, $5,138.88— total, ($5,482.84 per mile), $704,983.35. Operating
expenses — roadway and structures, $167,898.50 ; transportation, $146,404.56 ; maintenance,
of equipment, $49,044.65 ; car mileage, $13,917.47 ; miscellaneous, $35,086.64— total, ($3,-
206.98 per mile), $412,351.82. Net earnings, (41.51 per cent.), $292,631.53 ; add interest and
discounts, $1,040.95 ; mining department, $395,179.12 ; other, $10,817.50— total, $407,-
037.57. Payments: Interest on bonds, $154,050 ; on debt, $4,238.58 ; rental P. & C. Ry.,
$85,103.02 ; dividend (1 per cent.), $55,000 ; mine expenses and improvements, $300,039.46 ;
farm expenses, etc., $4,367.54 ; taxes, $17,778.72— total, $620,577.32. Surplus, $79,091.78 ;
surplus forward, $502,343.33— total, $581,435.11.

Comparative statement of earnings and expenses of the West Virginia Central and Pitts-
burgh and Piedmont and Cumberland Rys. for the years 1890 and 1891 :

EARNINGS.

1890

1891

EXPENSES.

1890

1891

Passenger

79*784 64

95,058 32

Conducting Transportion.. ("

Classifica-

$

1 146 404 56

Coal & Coke Freights

238,205 04

299 825 79

Maintenance of Way '

tion

i 167 898 50

Miscellaneous Freights

158 102 39

194 695 35

i 4q'ru4 «*

Express

4,516 91

5 825 17

General Expenses (_

Jan 1 "l891

j 35 086 64

Car Mileage

84292 10

97 30775

Mail Service

6,497 38

6,946 44

Total . .

348 926 32

398 434 35

Telegraph Revenue

2,005 31

2,569 50

Car Mileage

12 932 63

13 917 47

Miscellaneous ....

26,777 70

14,613 48

Miscellaneous

7 353 86

8 606 12

19 433 96

Total

600 181 37

716 841 80

Total

388 646 77

43fi 73fi fifi

Net earnings, 1890, $211,534.60 ; 1891, $278,105.14.

Financial Statement, December 31, 1891. — Capital stock (outstanding, $5,500,000; in
treasury, $500,000), $6,000,000 ; first mortgage bonds, $2,694,000 ; coupons payable Jan. 1,
1892, $81,330 ; sundry accounts, $170,318.49 ; bills payable, $190,961.11 ; profit and loss,'
$581,435.11— total, $9,718,044.71. Contra: Cost of road, $2.348,113.50; equipment, $993,

638 POOR'S MANUAL— WEST VIRGINIA CENTRAL AND PITTSBURGH RY. co.

749.93 ; real estate, $6,005,168.23 ; mme construction and improvement, $74,642.83 : 2d track
work. $39,018.76 ; telegraph and telephone lines, $4,687.09 ; personal property and material,
$62,167.97 ; cash, $87,825.05 ; current accounts, $101,772.93 ; bills receivable, $948.42—
total, $9,718,044.71.

MINING. — The first shipment from the company's mines was made October 20, 1881.
The total shipments of coal from all mires on the line of the road from October, 1881, to
January 1, 1892, were as follows :

a

£

ELK GARDEN REGION.

CPPBB POTOMAC REGION.

P. &
C.Rj.

Total.

W. Va.
Central.

xrBi£

Vein.

Davis
and
Elkins.

Atlantic.

J 1
'- I |

l i !

> K QD

G

•II

0!

•«

H §3
*. «l

£. Si2

Douglass.

Merrill.

Gross
Tons.

1881. ..
1882. .
1883. ..
1884. ..
1885. ..
1886. ..
1837. ..
1888....
1889. . . .
1890
1891

11,372
2-28,294
261,075
375,590
268,780
211,852
259,354
356,259
353,216
414,54?
420,503

11,372
257,068
33J 017

28,774
68,942
83,170
65,792
50,686
59,801
30,407

458,760
401,350
346,929
448.821
563,598
560,345
700,240
823,874

57.213 ..

9,565

BS71R

20 676

107.605

22,061

97,285
18,671 62,934
73,384 63,121
88,576 W,193

70 547

1,737

696 .
1,290 .

123,091
141,972

" ' "538

5,926

193 502 5,718

1,247

357 197,030 i 15,146

1,872

Total

3,160,842

388,110

180,631 544,065

1

7,856 502 5,718

3,233 357 594,042 15,146

1,872

4,902374

The average annual shipments from 1882 to 1891, both inclusive, were 490,237 tons.

Funded debt consists of first mortgage 6 per cent, (guaranteed) 30-year $1,000 coupon
bonds, due July 1, 1911, interest payable January and July, at New York, by First National
Bank, and at Baltimore by Hambleton & Co. These bonds are secured by a first and only
mortgage upon the road-bed and equipment, and 37,000 acres of coal, iron, and timber lands.
Trustees, William Pinkney Wliyte and Metropolitan Trust Co., New York, N. Y.

Annual meeting, second Tuesday in August, at Piedmont, W. Va. ; transfer books close
twenty days previously, and stock owned then may be voted at the meeting. Registrar of
stock, Union Trust Co., New York City. Dividends payable yearly in February, at the office
of Hambleton & Co., Baltimore, Md. ; three payments made to December 31, 1891. Bonds
listed on the Stock Exchanges of New York and Baltimore.

PIEDMONT AND CUMBERLAND RAILWAY.-W. Va. Junction, near Piedmont to Cum.
berland, Md., 28.84 ; Keyser Spur, 0.39-rtotal, 29.23 miles. Chartered April 8, 1886 ; road opened August 1, 1887,
Operated by West Virginia Central and Pittsburgh Ry. Co. at a rental equal to 40 per cent, of gross earnings-
pending permanent arrangements. Operations for year ending December 31, 1891 : Earnings— passenger, $18,
708 95 -coal and coke, $130,898.27 ; other freight and express, $59,627.97 ; mail, $1,662.60 ; other, $1,859.76— total'
$212 757.55. Operating expenses, $122,831.90. Net earnings, $89,925.65. Paid interest on bonds, taxes, etc.,
$39 704.93 ; improvements, $9,829.29 ; leaving surplus, $40,391.43, a large portion of which was expended in
nature of betterments and not included in the item of improvement?. Financial Statement.— Capital stock (par.
9f>Wi $650 000 ; funded debt (1st mortgage 5 per cent. 25-year gold bonds, dated July 8, 1886, due August 1, 1911,
interest payable February and August), $650,000 ; other liabilities, $20,008.49— total liabilities, $1,320,008.49.
Contra • Cost of road, $1,417,472.42. Annual meeting, second Tuesday in October. Interest on bonds payable
at the office of the trustee, the Mercantile Trust Co., New York, N. Y., or of Hambleton & Co., Baltimore, Md.
Directors — R. D. Barclay, Philadelphia, Pa.; H. G. Davis, Piedmont, W. Va. ; S B. Elkins, Elkins, W. Va. ;
William J. Read, Cumberland, Md. ; Arthur P. Gorman, Laurel, Md. ; Geo. C. Wilkins, William H. Gorman,
Baltimore, Md. II. G. Davis, President, Piedmont, W. Va. ; E. W. S. Moore, Secretary and Treasurer, Cumber-
land, Md. PRINCIPAL OFFICE AND ADDRESS, Piedmont, W. Va.

Board of Directors, West Virginia Central and Pittslmrg Ry. Co., elected January 26, 1892.

H G Davis Piedmont, W. Va. I John A. Hambleton. .Baltimore, Md. I W. W. Taylor Baltimore, Md.

S 'B 'Elkins' ' " Elkins, W. Va. | Thomas B. Davis. . . . Keyser, W. Va. I James G. Blaine. .Washington, D. C.

R. C. Kerens St. Louis, Mo.

H. GK DAVIS, President Piedmont, W. Va.

Stephen B. Elkins, Vice-President Elkins, W. Va.

C. M. Hendley, Assistant to President Baltimore, Md.

Sec and Treas.—E. W. S. Moore Cumberland, Md. | Auditor— J. G. Miller .Cumberland, Md.

General Manager— C. L. Bretz Cumberland, Md.

PRINCIPAL OFFICE Piedmont, Va.

Transfer and Operating Offices Cumberland, Md.

POOR'S MANUAL OF RAILROADS. 639

WHEELING AND ELM GROVE RAILROAD COMPANY.

Line of Road.— Wheeling, \V. Va., to Elm Grove. W. Va 8 miles.

Sidings. 2 miles. Gauge. 4 ft. 8.V in. Rail (steel). 60 Ibs.

History.— Chartered May, 1873. Road opened in March. 1874.

Rolling Stock. — Locomotive engines. 5. Car5* — passenger. 16 ; freight, 3 — total cars, 19.

Operations.— Income, 1891, $44.500.

Financial StatemeLt. — No bonds ; no mortgage.

Directors (elected January. 1892). — A. ReymaDn, H. B. Grimm, J. D. Du Bois, F. Happy,
Aug. Rolf. H. Berbelsou. G. W. Jeffers, Wheeling, W. Va.

A. REYMANN, President Wheeling, W. Va.

Stc and Trias.— John Koemer Wheeling, W. Va. | Gen. Manager— H. E. Weisgerber. . .Wheeling, W. Va.

. 1 >"li(or—G. W. Jeffers '. Wheeling, W. Va.

PRINCIPAL OFFICE AND ADDRESS Wheeling, W. Va.

WHEELING AND LAKE ERIE RAILWAY COMPANY.

(For map of this system, see page 641.)

Main Line of Road.— Toledo, O., to Martin's Ferry, 0 219.3

Huron Branch : Xorwalk Junction to Huron, 0 12.4

tfteubencille Brunch : Warrenton to Steubenville, 0 13.5 — .245.2 miles.

Trackage : Toledo Belt RR., in Toledo, O. 4.2 miles.

Total length of lines, June 30, 1891 249.4 miles

Sidings, 68.22 miles. Gauge, 4 ft. 8i in. Rail— iron, 52 ; steel (269.7 111.), 52 to 60 Ibs.

History. — Reorganization, June 25, 1886, of the Wheeling and Lake Erie RR., whose
road was sold under foreclosure April 3, 1886. (See MANUAL for 1888, page 1113). The
Wheeling Division was opened in October, 1889, the Steubenville Extension lare in 1890, and
the Bellaire connection early in 1891. Under a contract entered into in January, 1892, this
company on February 1, 1892, began to run trains into Wheeling. \V. Va., using the bridge at
Martin's Ferry and the terminals in Wheeling of the Wheeling Bridge and Terminal Co.

.Rolling Stock, June 30, 1891. — Locomotive engines, 61. Cars— passenger, 18; combina-
tion, 6 ; baggage and mail, 3; freight (box, 900; platform, 165; stock, 10; coal, 3,964;
caboose, 35), 5?074 ; service cars, 7 — total cars, 5,108.

Operations for year ending June 30, 1891. — See tabulated statement following.

Karnings.— Passenger $178,473 81

Freight 962.70J 90

Mail and Express 22,203 02

Miscellaneous' 55,1:36 11

Total (85,321.04 per mile) §1,218,518 84

Expenses. — Transportation $373,496 75

Maintenance of Equipment 114,890 43

Maintenance Way & Buildings. 174,602 18

General and Taxes 109,780 73

Total (§3,245.64 per mile) $772,770

Net earnings (36.58 per cent.), $445,748.75 ; add rents received, $6,786.09 — total,
$452,534.84. Payments : Interest on bonds. $290,541.67 ; interest, discount, and exchange,
$761.32 ; dividends (4i per cent, on preferred stock), $167,000— total, $458,302.99. Deficit,
$5,768.15. Surplus forward, $157,035.28 ; net surplus, $151,267.13.

General Balance Sheet, June 30, 1891.

Railway and Equipment $15,716,738

Capital Stock, Preferred $4,500,000 00

Stocks of Oi her Companies 835,000 00 Capital Stock, Common 6,000,000 00

Construction Account— Belt Ry 92,304 79 ' Funded Debt Outstanding ... 5,930,000 00

Supplies on Hand 63.904 41 i Accrued Interest on Bonds not Due . . . 67,291 67

Cash on Hand and in Transit . . 27.233 11

Total Assets 316,73.}. IS1 24

Interest on Bonds, Paid in July 37,500 00

Net Current Liabilities 49,122 44

Income Account 151,267 13

Total Liabilities §16,735,181 24

640

POOR'S MANUAL — WHEELING AND LAKE ERIE BY. CO.

Statement of operations, capital account, etc., for five years ending June 30 :

1887

1888

1889

1890

1801

Miles of Road Operated

186.00
358,858
514,975
269,198
6,047,862
1,113,527
103,963,254
$
120,756
509,798
19,140
27,554

186.00
384,920
545,896
2b9,!l37
6,252,254
1,018,475
107,865,885

$

137,666
628,591
18,399
33,697

186.00
381,864
473,412
315,512
6,592,990
1,092,176
103.929,375

146,564
648,661
22,411

52,859

216.00
382,642
602,317
340,069
6,808,181
1,468,034
153,749,459

S

154,177
815,191
22,558
49,253

233.00
401,553
721,612
458,987
9,536,748
1,607,487
162,702,497

178,474
962,106
22,203
55,136

Passenger Train Mileage

Freight Train Mileage

Passengers Carried

Passengers Carried one Mile

Tons Freight Moved
Tons Freight Moved one Mile

Earnings — Passenger

Freight

Mail and Express

Miscellaneous ....

Total Traffic Earnings

677,248
492,407

818,353
576,518

870,495
568,338

1,041,179
649,331

1,218,519
772,770

Operating Expenses and Taxes

Net Earnings over Expenses and Taxes

184,841

241,835

302,157

391,848
6,240

445,749
6,786

Other Receipts

183,841
92,874
753

241,835
143,045
2,977
(2) 70,268
+26.245
4,399 74
3,099 56
1,300 18
70.45 p. c.
2.20 c.
0.59 c.
$
3,600,000
3,000,000
55,658
37,500
21,729
35.134
83,221

302,157
150,000
65
(4) 144,866
+ 7,226
4,680 08
3,055 57
1,62451
65.29 p. c.
2.21 c.
0.62 c.

$

3,600,000
4,500,000
12,342
37,500

398,088
187,500

452,535
290,542
761
(4})167,000
- 5,768
5,321 04
3,245 64
2,075 40
63.42 p. c.
1.87C.
0.59 c.

10,500,000
5,930,000

Payments Interest on Bonds

Interest Discount and Exchange
Dividends on Preferred Stock

(4) 144,000
+ 66,588
4,820 27
3,006 16
1,814 11
62.37 p. c.
2.27 c.
0.53 c!

7,100,000
5,900,000

Balance ( + or — ) . ....

+ 91,214
3,641 12
2,647 35
99377
72.71 p. c.
1.99 c.
0.49 c.

3,513,400
2,796,750
130,270
34,950
71,893

Gross Earnings per Mile

Operating Expenses and Taxes per Mile . .

Expenses to Earnings ....

Average Rate per Passenger per Mile

Average Rate per Ton per Mile

Capital Stock

Funded Debt

Equipment Contracts .

Accrued Interest on Bonds

75,000

104,792

Bills Payable and Interest on Same

Net Current Liabilities

25,385
90,447

157,635

49J22
151,267

Income Account . .

56,976

Total Liabilities . . .

6,604,239

6,466,035
67,953

6,833,242

6,505,1-25
150,000
11,433
121,479
45,205

8,265,674

6,543,388
165,000
1,525,191

32,095

13,232,035

11,774,758
835,000
541,227
62,846
18,204

16,735,181

15,716,739
835,000
92,305
27,£33
63,904

Railway and Equipment

Stocks of Other Companies . .

Other Investments

Cash and Accounts . ...

49,093
21,158

Supplies on Hand

Total Assets

6,604,239

6,833,242

8,265,674

13,232,035

16,735,181

Funded debt ($5,930,000) consisted June 30, 1891, of the following issues :

1st mtge. (L. E. Div.) 5 per cent. 40-year $1,000 gold bonds, due October 1, 1926, int. Aoril and Oct $3,000,000

1st mtge. (Wh. Div.) 5 per cent. 40-year $1,000 gold bonds, due July 1, 1928, interest January and July. . 1,500,000
1st mtge. extension and improvement 5 per cent. 40-year gold bonds, due 1930, interest Feb. and Aug. . 1,430,000

The Lake Erie Division bonds are secured on the line from Bowerston to Toledo, 173.36
miles, and the branch to Huron, 12.4 miles. The bonds are dated July 1, 1886, and bear
interest from October 1, 1886 ; principal and interest payable at the company's office in New
York. They are in coupon form, but may be registered on the books of the company, at the
agency of the company in New York. Trustee, Mercantile Trust Co., New York, N. Y.

The Wheeling Division bonds are secured by a first mortgage on the extension from
Bowerston to Martin's Ferry, with branches about 150 miles, and by 2d mortgage on the line
from Bowerston to Toledo, and branch to Huron. Thebonds are in coupon form, but may be
registered as to principal. They are dated April 21, 1883, due July 1, 1928. Interest pay-
able at the office of the trustee, the Central Trust Co., New York, N. Y.

The Extension and Improvement bonds are secured by first mortgage upon the Steuben-
ville and Bellaire extensions, as well as by general mortgage upon the rest of the company's
property, and are additionally secured by deposit with the Central Trust Co. of New York,
trustee of the mortgage, of the following stocks of auxiliary companies : Wheeling, Lake
Erie and Pittsburgh Coal Co., $670,000; Toledo Dock and Coal Co., $50,000 ; Toledo Belt
Ry. Co., $300,000. The authorized issue is $1,900,000, of which $500,000 are reserved to

41

641

642 POOR'S MANUAL OF RAILROADS.

retire the Belt Ry. bonds. The bonds are in coupon form, but they may be registered at the
company's office in New York. They are dated December 20, 1889, and mature February 1,
1930.

The preferred stock is in shares of $100 each, and is entitled to a non-cumulative
dividend of 6 per cent, per annum before common, and to share pro rata with common in
any surplus over 6 per cent, on the entire capital stock.

Interest on all the bonds of the company is payable at office of Central Trust Co., New
York.

Annual meeting-, second Tuesday in February, at Toledo, 0. Transfer books close fifteen
days previously, and stock owned then may be voted at the meeting. Books close fifteen
days previous to dividend days — February 15, May 15, August 15, November 15 ; fifteen pay-
ments to June 30, 1891. (See MANUAL, for 1891.) Registrar of stock, Mercantile Trust Co.,
New York, N. Y. Preferred and common stock, and all the three issues of bonds are listed
on the New York Stock Exchange ; the preferred stock, Wheeling Division bonds, and
Extension and Improvement bonds are also listed in London.

TOLEDO BELT RAII/W AY.— Organized in 1883, and built 4.2 miles of main track and 2.9 miles of
sidings in the city of Toledo. In operation since April, 1888. Capital stock, §300,000 (par value, $100), all owned
by the Wheeling and Lake Erie Ry. Co., and deposited in trust under that company's extension and improve-
ment mortgage. Funded debt, $500,000 first mortgage 5 per cent. $1,000 gold bonds, maturing in various amounts
semi-annually in each year from September 1, 1889, to March 1, 1903, interest payable in New York March 1 and
September 1. Trustee, Central Trust Co., New York.

Board of Directors, W. & L. E. RR. Co., elected FibruaryZ, 1892.

M. D. Woodford Toledo, O.

George W. Davis "

S.C.Reynolds "

George E. Pomeroy Toledo, O.

Sidney Dillon New York, N. Y.

F. R. Lawrence... "

John Greenough . .New York, N. Y

John G. Warwick Massillon, o!

Eden K. Sibley. . . .New York, N. Y.

FRANK R. LAWRENCE, President New York, N. Y.

Sec. and Treas.— James M. Ham New York, N. Y.

General Manager— A. G. Blair '.Toledo, O.

Asst. Treasurer— A. H. Thorp Toledo, O. Auditor and Assl. Sec.— Downer Adams Toledo, O.

PRINCIPAL OFFICE AND ADDRESS Toledo, 0.

Stock Transfer Office 40 Wall Street, New York, N. Y.

WHITE AND BLACK RIVER VALLEY RAILWAY COMPANY.

Line of Road. — Brinkle.y, Ark. , to Jacksonport, Ark 58

Augusta and Southeastern Division : Coats to Gregory 6 — 64 miles.

Sidings, 3.6 miles. Gauge, 4 ft. 8£ in. Rail (steel, 19 miles), 35 to 60 Ibs.

History. — Organized in 1890 as successor to the Batesville and Brinkley RR. Co. (See
MANUAL for 1891.)

Rolling Stock, June 30, 1891. — Locomotive engines, 4. Cars— passenger, 5 ; baggage,
etc., 1 ; freight (box, 42 ; platform, 34 ; stock, 1 ; coal, 2), 79 ; other cars, 10 — total cars, 95.

Operations for year ending June 30, 1891. — Train mileage — passenger and freight traffic
not reported. Earnings — passenger, $22,371.17; freight, $61,165.11; mail and express,
$6,503.40; miscellaneous, $5,481.52— total ($1,492.52 per mile), $95,521.20. Expenses-
transportation, $28,656.70 ; motive power and cars, $5,079.33 ; maintenance way and build-
ings, $23,148.38 ; general, $471.05— total ($896.18 per mile), $57,355.46. Net earnings (39.95
percent.), $38,165.74.

Financial Statement, June 30, 1891.— Capital stock, $323,000 ; funded debt 1st mort-
gage 6 per cent. 30-year $1,000 coupon bonds, due January 4, 1913, interest January and
July, at Little Rock and New York (authorized, $800,000), $278,000 ; bills payable, $52,000 ;
current accounts, $875.20 ; other liabilities, $45,671.51 ; profit and loss, $38,165.74— total,
$737.712.45. Contra : Cost of road, $621,720.50 ; rolling stock, $64,714.25 ; real estate, etc.,
$19,420.75 ; materials and fuel, $4,567.15 ; other assets, $21,216.10; current accounts, $3,-
546.30; cash, $2,527.40— total, $737,712.45.

Annual meeting, third Tuesday in January, at Newport, Ark. Books close for annual
meeting 30 days previously. Trustee of bonds, Farmers' Loan and Trust Co., New York.

POOR'S MANUAL OF RAILROADS. 643

Capital stock authorized, $800,000 ; shares, $100 each. Stock and bonds are all held by
officers of company. Registrar of stock, William J. Thompson.

Directors. — James B. Dent, Riverside, Ark.; E. G. Thompson, Little Rock, Ark.; James
T. Henderson, Auvergne, Ark. ; V. H. Henderson, Searcy, Ark. ; R. \V. Martin, Wni. J.
Thompson, Little Rock, Ark.; Minor Gregory, Gregory, Ark.; J. P. Coffin, Powhattan, Ark. ;
W. L. McDonald, Newport, Ark.

R. W. MAUTIN, President Little Rock, Ark.

W. J. Thompson, Secretary, Treasurer, & Gen. Manager. Little Rock, Ark.
PRINCIPAL AND TRANSFER OFFICES .Li title Rock, Ark.

WICHITA AND WESTERN RAILWAY COMPANY.

Line of Road. — Wichita, Kan., to west line of Kiowa County, Kan 124.65 miles.

Sidings, 10.90 miles. Gauge, 4 ft. 8$ in. Rail (steel), 52 Ibs.

History. — Consolidation, May 9, 1889, of the Wichita and Western and the Kingman,
Pratt and Western RR. Cos. (See MANUAL for 1889, pp. 774, 816.) Owned jointly by the
Atchison and the St. Louis and San Francisco RR. Cos., and operations included in state-
ments for those companies.

Rolling; Stock, June 30, 1891. — Locomotive engines, 8. Cars — passenger, 3 ; combina-
tion, 1 ; baggage, express, and postal, 1 ; freight (coal), 9 — total cars, 14.

Financial Statement, June 30, 1891.— Capital stock (authorized, $8,520,000 ; par, $100),
$1,035,000; funded debt, $1,747,000; current liabilities, $484,951.43— total, $3,266,951.43.
Contra : Cost of road, $2,730,116.72 ; of equipment, $80,688.40 ; profit and loss, $456,146.31
—total, $3,266,951.43.

Annual meeting, last Thursday in October. Voting power attaches to stock after thirty
days' ownership. Trustee of bonds, Boston Safe Deposit and Trust Co., Boston. Mass. The
bonds and one-half the capital stock are pledged under the Atchison, Topeka and Santa Fe
RR. Co.'s general mortgage ; the other half of the capital stock is owned by the St. Louis
and San Francisco Ry. Co.

Directors (elected June 5, 1891). — George C. Magoun, Thos. Baring, Cecil Baring, J. J.
McCook, New York, N. Y. ; A. Manvel, Chicago, 111.; O. W. Peabody, J. W. Reinhart,
Boston, Mass. ; C. M. Condon, Oswego, Kan. ; G. G. Gage, D. L. Lakin, Henry Strong, T. D.
Thatcher, Topeka, Kan. ; Nathaniel H. Burt, I.eavenworth, Kan.

A. MANVEL, President Chicago, 111.

J. W. Reinhart, Vice-President Boston, Mass.

Secretary and Treasurer — E. Wilder Topeka, Kan. | Asst. General Auditor — W. K. Gillett Topeka, Kan.

PRINCIPAL OFFICE AND ADDRESS Wichita, Kan.

WICHITA VALLEY RAILWAY COMPANY.

Line of Roivd. — Wichita Falls to Se\ mour, Tex .51 miles.

Sidings, etc., 7 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History.— Chartered February 8, 1890, and road opened September 1, 1890.

Rolling Stock. — Locomotive engines, 2. Cars— combination, 1 ; caboose, 1.

Operations for 10 months ending June 30 1891. — Mixed trains run 30,906 miles. Pas-
sengersrearried, 9,245 ; carried one mile, 423,851. Tons freight moved, 22,813 ; moved one
mile, 1,093,122. Earnings— passenger, $11,456.77; freight, $44,955.68 ; mail, $1,602.25;
express, $424.86 ; other, $991.84— total, $59 431.40. Expenses— transportation, $7,447.29 ;
motive power, $5,446.52 ; maintenance of cars, $623.63 ; roadway and buildings, $8,720.55 ;
general, $3,463. 88— total, $25,701.87. Net earnings, $33,729.53. Paid interest on bonds,
$32,000. Surplus, $1,729.53.

Financial Statement, June 30, 1891.— Capital stock ($100 shares), $1,020,000 ; funded

644 POOR'S MANUAL OF RAILEOADB.

debt, 1st mortgage 5 per cent. 50-year $1,000 coupon bonds, due July 1, 1940, interest Janu-
ary and July, $1,020,000; current accounts, $40,351,09; audited vouchers, $264.15; pay
rolls, $3,043.08 ; profit and loss, $1,729.53— total, $2,085,387.85. Contra ; Cost of road and
equipment, $1,789,477.69; real estate and buildings, $2,500; company's bonds, $252,000 ;
materials and fuel, $2:26.67 ; current accounts, $36.097.78 ; cash, $5,085.71 — total, $2,-
085,387.85.

Annual meeting, first Tuesday in March, at Wichita Falls, Tex. Trustee of bonds and
registrar of stock, Mercantile Trust Co., New York.

Directors (elected March 3, 1891).— J. P. Smith, E. W. Taylor, Morgan Jones, J. G.
Jones, E. E. Chase, G. P. Meade, Fort Worth Tex. ; G. M. Dodge, S. Tilghman, New York,
N. Y. ; W. T. Walters, Baltimore, Md.

MORGAN JONES, President Fort Worth, Tex.

E. W. Taylor, Vice-President and Treasurer "

Secretary— G. P. Meade Fort Worth, Tex. | Auditor— W. A. Roes Fort Worth, Tex.

PRINCIPAL OFFICE AND ADDRESS Wichita Falls, Tex.

Stock Transfer Office Fort Worth, Tex.

WILKESBARRE AND WESTERN RAILWAY COMPANY.

Main Line of Road. — Watsontown, Pa., to Orangeville, Pa 30

Millville Branch : Millville Junction to Millville, Pa 1 31 miles.

Sidings, 2 miles. Gauge, 4 ft. 9 in. Hail (steel), 63 Ibs.

History.— Chartered June 22, 1886, sind on December 25, 1886, consolidated with the
Milton and North Mountain, and the Millville and North Mountain RR. Cos. Road opened
to Orangeville, July 16, 1891.

Rolling Stock, December 31, 1891. — Locomotive engines, 2. Cars — passenger, 2; bag-
gage, 1 ; freight (box, 5 ; platform, 3), 8 ; other, 11 — total, 22.

Operations for year ending December 31, 1891 — Mixed trains run, 40,000 miles. Pas-
senger and freight traffic not reported. Earnings— passenger, $9,827.27 ; freight, $12,857.-
32 — total, $22,684.59. Expenses— maintenance of way, $5,253.50 ; motive power, $6,625.17;
trauspoitation, $9,356.11— total, $21,234.78. Net earnings, $1,449.81. Paid on equipment,
$3,235.

Financial Statement, January 1, 1892. — Capital stock, $620,000; funded debt, 1st mort-
gage 5 per cent. 40-year $1,000 gold coupon bonds, due July 1, 1926, interest payable January
and July ($20,000 per mile authorized), $620,000 — total stock and bonds, representing cost of
road, etc., $1,240,000.

Annual meeting, second Monday in January, at Philadelphia, Pa.; books close 60 days
previously and stock owned then may be voted at the meeting. Trustee of bonds, Central
Trust Co. Stock must be owned 60 days to entitle holder to vote. Interest paid at Trustee's
office.

Directors (elected January 11, 1892).— Joseph M. Gazzam, S. 13. Haupt, John B. Stetson,
Charles D. -Barney, Morris Liveright, W. C. de Armond, John M. Sharp, Max Bamberger,
Philadelphia, Pa.; R. T. McCabe, Charles Raht, New York, N. Y.

JOSEPH M. GAZZAM, President Philadelphia, Pa.

Sec. and Treat.— Robert C. Belville... Philadelphia, Pa. | Gen. Manager— S. H. Hicks Watsontown, Pa.

PRINCIPAL OFFICE AND ADDRESS 817 Girard Building, Philadelphia, Pa.

Operating Office Watsontown, Pa.

WILLIAMSPORT AND NORTH BRANCH RAILROAD COMPANY.

Line of Koad Projected.— Hall's Station, Pa., to Be: nice, Pa 43 miles.

Completed : Hall's, Pa., to Nordmont, Pa 27 miles.

Sidings, 4.2 miles. Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs. per yard.

POOR'S MANUAL OF RAILROADS. 645

History. — Reorganization September 1, 1882, of the Muncy Creek RR. Co., whose road
was sold under foreclosure August 9, 1882. (See MANUAL for 1891.) On its completion to
Bernice this road will connect with the State Line and Sullivan RR., with which the com-
pany has a contract providing for the running of through trains to and from Towanda, Pa.

Rolling Stock (held under car trust). — Locomotive engines, 3. Cars — passenger, 7; bag-
gage, 2 ; platform, 1 : caboose, 1.

Operations for year ending June 30, 1891. — Train mileage— passenger, 39,164 ; freight,
14,976 ; other, 7,342 — total, 61,482 miles. Passengers carried, 57,835; carried oue mile,
584.932. Tons freight moved, 79,460.

Earnings.— Passenger $18,062 60

Freight 62,039 W

Mail and Express 2,58937

Miscellaneous... 905 11

Expense*.— Transportation $16.723 35

Maintenance of Equipment 3,950 75

Maintenance Way and Buildings. 16,578 35
General . . . 5,333 56

Total (§3,096.19 per mile) $83.597 02 Total ($1,577.26 per mile) $42,586 01

Xet earnings (49.07 per cent.), $41,011.01. Payments : Interest on bonds, $22,740 ;
sundry payments, $4,632.23— total, $27,372,23. Surplus, $13,638.78; surplus forward, $355.-
11— total, $13,993.89.

Financial Statement, June 30, 1891.— Capital stock (par, $50), common, $549,200 ; pre-
ferred, $200,000 ; funded debt, 1st mortgage 6 per cent. 30-year bonds, coupon or registered,
due November 1, 1912, interest May and November (authorized, $1,000,000), $379,000 ; equip-
ment bonds, $10,500 ; interest accrued, $3,790 ; current accounts, $9,172.19 ;• profit and loss,
$30,447.66— total, $1,182,109.85. Contra: Cost of road, $1,101,216.13; equipment, $22,-
078.20 ; real estate, $24,818.95 ; securities owned, $2,525 ; materials and fuel, $6,398.24 ;
cash and current assets, $11,079.44 ; profit and loss, $13.99:3.89— total. $1,182,109.85.

Coupons payable at the office of the trustee, Fidelity, Insurance, Trust, and Safe Deposit
Co., Philadelphia, Pa. Annual meeting, third Wednesday in May.

Directors (elected February, 1892).— Henry C. McCormick, Seth T. McCormick, E. R.
Payne, J. Henry Cochran, H. L. Taylor, Williampport, Pa.; John Saterfield, Buffalo, N. Y.

HENRY C. MCCORMICK, President Williamsport, Pa.

John Satterfield, Vice-Preyident Buffalo, N. Y.

Treasurer— J. Henry Cochran Williamsport, Pa. I Secretary— Seth T. McCormick Williamsport. Pa.

General Manager— Benj. G. Welch Hughsville, Pa. | Auditor— S. D. Towusend Hughsville, Pa.

PRINCIPAL OFFICE AND ADDRESS Hughsville, Lycoming Co.. Pa.

Stock Transfer Office Williamsport. Pa.

WILMINGTON AND NORTHERN RAILROAD COMPANY.

Main Line of Road. — Wilmington, Del., to High's Junction, Pa 71.50 miles.

( Wharf Branch, 0.6 ; French Creek, 5.9 ; Rockland Mill, 1 ; Delaware
Branches : \ River, 3.7 ; Christiana Avenue, 1.87 ; South Walnut Street, 1.07 ;

( Kentmere, 2.77 16.91 miles.

T , ( Shuylkitt and Lehigh RR. : High's Junction to Reading, 2.42 ; West

' } Reading and Lebanon RRs., 1.47 3.89 miles.

Total length of road (owned, 88.41 miles) operated 92.30 miles.

-Sidings, etc., 24.35 miles. Gauge, 4 ft. 8| in. Rail isteel, 88.29 miles), 50, 55, 56, and 70 Ibs.

History, — Organized January 18, 1877, as successor to the Wilmington and Reading RR.
Co., whose property was sold under foreclosure December 4, 1876. (See MANCAL for 1891.)

Rolling Stock, June 30, 1891. — Locomotive engines, 24. Cars — passenger, 18 ; baggage,
etc., 12 ; freight (box, 65 ; platform, 203 ; stock, 3; caboose, 5), 276; other, 15— total, 322.

Operations for year ending June 30, 1891.— Train mileage— passenger, 220,904 ; freight,
217,668 ; other, 219,319— total, 657,891 miles. Passengers carried, 426,631 ; carried one mile,
4,155,799 ; average mile rate, 1.95 cent?. Tons freight moved, 803,004 ; moved one mile,
26,959,390 ; average ton-mile rate, 1.27 cents.

646

POOR'S MANUAL OF RAILROADS.

Earnings.— Passenger $81,044 01

Freight 342,522 93

Mail 3,743 52

Express 2,548 56

Miscellaneous 9,281 99

Expenses.— Transportation $204,079 47

Motive Power 14,624 03

Maintenance of Cars 38,225 41

Maintenance Way & Buildings. 75,232 23

General 43,048 18

Total ($4,757.76 per mile) $439,141 01 Total ($4,065.12 per mile) $375,209

Net earnings (14.58 per cent.), $63,931.69 ; add telegraph receipts, $554.52 ; rents,
$2,931.78— total, $67,417.99. Payments : Interest on bonds, $25,OGO ; taxes, $3,599.57—
total, $28,599.57. Surplus, $38,818.42; surplus forward, $503,950.89— total, $542,769.31.

General Balance Sheet, June 30, 1891.

Cost of Road $1,804,506 29

Cost of Rolling Stock 333,221 88

Real Estate and Buildings 165,785 02

Stocks and Bonds Owned 8,600 00

Materials and Fuel on Hand 25,547 19

Other Property and Assets 22,194 56

Accounts and Bills Receivable 146,867 85

Cash on Hand... 9,501 22

Total Assets $2,516,199 01

Capital Stock ($50 shares) $1,278,050 00

Funded Debt Outstanding 500,000 00

Bills Payable 40,00000

Current Accounts 153,296 36

Interest Accrued, not due 2,083 34

Profit and Loss 542,769 31

Total Liabilities $2.516,199 01

Funded debt consists of first mortgages 5 per cent 40-year $500 registered, bonds, due
December, 1927, interest payable June and December at Treasurer's office. Of authorized
issue of $1,000,000 only $500,000 can be issued upon the present mileage. Trustees of bonds,
Edward G. Bradford, John S. Gerhard, and Wm. D. Smith. Capital stock authorized, $1,-
500,000. Registrar of stock, E. B. Shurter. Annual meeting, first Monday in May. Books
close sixty days previously, and stock owned then may be voted at the meeting.

Directors (elected May 4, 1891).— H. A. Du Pont, Wilmington, Del.; George Brooke,
Birdsboro', Pa. ; Charles Huston, Coatesville, Pa. ; John S. Gerhard, Philadelphia, Pa. ;
L. H. Smith, Joanna Furnace, Pa. ; A. L. Foster, Montchanin, Del.; W. S. Conner, Wood-
bury, N. J.

H. A. Du PONT, President and General Manager Wilmington, Del.

Secretary— E. B. Shurter Wilmington, Del. | Treasurer— A. G. McCausland Wilmington, Del.

Auditoi' — T. B. Townsend Wilmington, Del.

PRINCIPAL OFFICE AND ADDRESS Wilmington, Del.

Transfer Offices Wilmington, Del., and Coatesville, Pa.

WILMINGTON AND WELDON RAILROAD COMPANY.

Main Line of Road.— Wilmington, N. C., to Weldon, N. C 162.00 miles.

Tarboro' Branch : Rocky Mount, N. C., to Tarboro', N. C 16.00 mile?.

Scotland Neck Branch : Main Line Junction to Kinston 85.00 miles.

Midland Branch : Goldsboro', N. ('., to Smithfield, N. C 22.20 miles.

Wilson and Fayette- ( Contentnea, N. C., to Fayetteville, N. C 70 80

mile Branch : \ Terminus Florence RR. to Rowlands, N. C 2.97 — 73.77 miles.

Nashville Branch : Rocky Mount to Spring Hope, N. C 19.00 miles.

Clinton Branch : Warsaw to Clinton, N. C 13.00 miles.

Total length of lines, Wilmington and Weldon system, June 30, 1891 390.97 miles.

Leased : Wilmington, Columbia and Augusta RR 226.75 miles.

CAlbemarle and Raleigh RR. : Tarboro' to Plymouth, N. C 54. CO miles.

~ ! Florence RR. : Pee Dee to N. C. State Line 24.47 miles.

!d : 1 Manchester and Augusta RR. : Sumter to Pine Wood, S. C. . . . 19.29 miles.

L Hartsmlle RR. : Floyds to Hartsville, S. C 10.00 miles.

Total length of all lines owned, leased, and controlled, June 30, 1891 725.48 miles.

Sidings, owued, 66 miles ; total track owned (steel, 370.57 miles), 456.97miles. Gauge, 4 ft.
9 in. Rail, 56 and 70 Ibs.

History. — Organized in February, 1855, as successor to the Wilmington and Raleigh
RR. Co. (See MANUAL for 1880, for construction previous to January 1, 1889. nnd MANUAL

POOR'S MANUAL — WILMINGTON AND WELDON RR. CO. 647

for 1891 for extensions during 1889. The extension of the Scotland Neck Branch from
Greenville to Kinston, 28 miles, was opened October 1, 1890. The section of the Wilson and
Fayetteville Branch from Fayetteville to Rowlands, 42.5 miles, was completed February 16,
1892. and work on two new branches, one from Albemarle and Raleigh Junction to Wash-
ington, X. ('.. 25 miles, and the other from Latta to Clio, 18 miles, is Hearing completion.

Rolling* Stock, June 30, 1891. — Locomotive engines, 49. Cars — passenger, 23 ; combina-
tion, 2; baggage, mail and express, 13 ; freight (box, 794 ; platform, 394 ; stock, 10 ; log,
50 ; caboose, 67), 1.315 ; other, 9— total cars, 1,361.

Operations for year ending June 30, 1891. — Train mileage — passenger. 526,107; freight,
512,777; other, 191,835— total, 1,230.719 miles. Passengers carried, 339,890; carried one
mile, 16,776,202 ; average mile rate, 2.52 cents. Tons freight moved, 465,168 ; moved one
mile, 50,986,361 ; average ton-mile rate, 1.84 cents.
Earnings.— Passenger $423,5^5 21 Expenses.— Transportation $.°05,125 56

Freight 939,857 77

Mail and Express 136.50860

Miscellaneous... 35.75-2 62

Total (§4,003.74 per mile) $1,535.714 30

Maintenance of Equipment 190,550 55

Roadway and Buildings 267.267 12

General ... . 92,735 32

Total ($2,228.23 per mile) $855.678 55

Net earnings (44.22 per cent.), $680,035.65. Payments shown in Income Account.

Income Account for year ending June 30, 1891 :

Current Assets, June 30. 1890 $342,694 45 j Gross Operating Expenses $855.678 55

Gross Earnings 1.535,714 20 | Interest on Funded Debt 238,320 00

Dividends Received 54.247 55 I Interest on Certificates of Indebtedness . . . 175,000 00

Interest. Rent of Rails, etc 153.719 86 ; Dividends Nos. 32 and 33 200.000 00

Trustees of Sinking Fund 93,219 00 J Construction and Equipment 143.997 25

Wilmington, Col. & Aug. RR. Co. (Lease). 193.677 72 ! Real Estate and Right of Way 1.625 00

Premium on Sale of Bond<. etc 61 .474 94

Subscr. to Const. Clinton Br 1.26000

Sundry Individuals 94.412 50

Increase of Funded Debt 46,000 00

Interest on Notes 26,228 88

Cash Assets, June 30, 1891 . . . 935,370 54

Total $2.576.42022 Total $2,57(

The item "Construction and Equipment" in above Income Account consists of amounts
expended for that purpose on the following : Branches, $132,467.91 ; Manchester and
Augusta and Florence RRs., $2,973.24 ; Norfolk and Carolina RR., $8,556.10.

General Balance Sheet, June 30, 1891.

Construction and Equipment $7. 192.330 89

Stocks, Bonds, and Other Property 2.751.174 20

Due by Agents and Companies 298,003 31

Cash Deposited to pay Coupons 115,195 00

Cash on Hand and in Bank . . . 824,861 71

Capital Stock (par, $100) $2,500.000 00

Certificates of Indebtedness (see below). . 2,500,000 00

Funded Debt 3.936.0CO 00

Special Trust Certificates 380.00000

New Equipment Notes 437.148 78

Sundry Individuals 94.412 50

Current Accounts 302,689 48

Profit and Loss 1,031,314 35

Total Assets $11,181.565 11 Total Liabilities $11,181,565 11

The funded debt, June 30, 1891 ($3,936,000) consisted of—

Consolidated gold interest 7 per cent, bonds, payable in New York. May 1. 1897. interest Jan. and July . ..$936.000
General let mortfiage 5 per cent. 50-year $1,000 coup, and reg. bonds, due 1935, interest Jan. and July"... .3.000.000

In addition to above funded debt this company guarantees jointly with the Carolina Cen-
tral RR. Co. (each one-half) principal and interest on $315,000 seven per cent, bonds of the
Wilmington Ry. Bridge Co.

The amount of general first mortgage bonds authorized is $4,000,000 ; bonds of this class
have been issued in exchange for the sterling bonds which matured May 1. 1886, and $936,-
000 additional are reserved to meet the consolidated bonds.

The certificates of indebtedness were issued in 1887, in the shape of a scrip dividend.
They are irredeemable, and draw interest up to 7 per cent., if earned, payable April and Oc-
tober, in Baltimore. The special trust certificate* bear 6 per cent, interest, payable May and
November.

648

POOR'S MANUAL — WILMINGTON AND WELDON SYSTEM.

An increase of stock sufficient to complete the extensions has been authorized.

Trustee of general first mortgage bonds, Safe Deposit and Trust Co., Baltimore, Md.
Annual meeting, Wednesday after third Monday in November. Interest on bonds payable
in New York and London. Dividends payable semi-annuully (38 paid to date) at company's
office. Books close 15 days before dividend payments.

Comparative statement of operations, capital accounts, etc., 1884 to 1891 :

1884

Sept. 30.

1885

Sept. 30.

1886

Sept. 30.

1887

Sept. 30.

1888

Sept. 30.

1889

June 30.
9 mos.

1890

June 30.

1891

June 30.

Gross Earnings.

788,014

824,957

$

861,640

$
946.763

1,135,232

993,037

1 350853

1 535 714

Operating Expenses

493,383

451,816

487,540

548,451

587,103

532,722

681,137

855,678

Net Earnings

294 631

373 141

374 100

398 312

548 129

460 315

669 716

680 036

Earnings per Mile
Expenses per Mile
Net Earnings per Mile.. . .
Proportion of Expenses

Capital Stock
Funded Debt
Floating Debt
Profit and Loss.

3,959 88
2,479 31
1,480 57
62.51 p. c.

2,082,400
1,157.400
95,196
909,697

4,001 84
2,193 28
1,811 56
54. 77 p. c.

2,192,208
1,608,400
110,991
766,819

3,898 82
2,206 6ti
1,692 76
56. 60 p. C.

2.500,000
2,493,400
187,623
1,155,405

2,915 18
1,689 09
1,226 71
57.90 p. c.

2,500,000
5,160.000
242,671
483,251

3,528 85
1,824 37
1,704 48
51. 72 p. c.

S

2,500,000
6,231,654
283,729
572,226

2,845 38
1,52673
1.31865
53. 62 p. c.

2,500,000
6,281,405
289,271

784.715

3,658 62
1,87760
1,781 02
50. 42 p. c.

2,500.000
7,207,149
215,888
915,925

4,003 74
2.228 22
1,775 52
55. 78 p. c.

S

2,500,000
7.253.149
'397,102
1,031,314

Total Liabilities

3,944,693

4,678,418

6,336,428

8385,922

9,587,609

10 395 391

10 838 962

11,181,565

Construction, etc

3,430,595

3,613,081

4,317,706

6,078,515

6,298,520

6,525,027

7,059,298

7,192,331

Sundrey Investments
Cash and Current Assets. . .

195,054
322,044

867,686
197,650

1,773,490
• 245,232

2,076,239
231,168

2,897,277
391,812

3,143,144

717,220

3.221,082

558,582

2.751.174
1,238,060

Total Resources

3,944,693

4,878,418

6,336,428

8,385,922

9,587,609

10,395,391

10,838,962

11,181,565

RAILROADS OWNED, LEASED, OR CONTROLLED BY THE WILMINGTON AND WELDON RR. Co.

ALBEMARLE AND RALEIGH RAILROAD.-Tarboro1 to Plymouth, N. C., 54 miles. Sidings,
3.55 miles. Gauge, 4 ft. 8i in. Rail (steel, 24 miles), 50 Ibs. Completed section ol' road built and opened in 1883.
Operated in connection with the Atlantic Coast Line, composed of the Wilmington and Weldon and connecting
roads.

Earnings for year ending June 30, 1891.— Passenger, $13,957.39; freight, $29,376.86; mail, $2,920.46; express,
$322.24 ; miscellaneous, $3,493.31— total, $50,070.26. Operating expenses and taxes, $.36,904.88. Net earnings,
$13,165.38. Financial Statement, June 30, 1891.— Capital stock, $650,000 ; 1st mortgage bonds, $650,000 ; coupons
matured and unpaid, $234,000 ; current accounts, $4,038.80 ; W. & \V. RR. Co. for new construction, $144,037.05;
interest, $8,642.22— total, $1,690,718.07. Contra: Construction and equipment, $1,492,258.08; current accounts,
$5,422.27 ; profit and loss, $193,037.72— total, $1,690,718.07. Stocks and bonds are limited in issue to $20,000 per
mile of completed and fully equipped road. H. WALTERS, President, Wilmington, N. C.; James F. Post, Jr.,
Treasurer and Secretary, Wilmington, N. C. CORPORATE OFFICE, Wilmington, N. C.

FLORENCE RAILROAD.— Pee Dee to the North Carolina State Line, 24.47 miles. Sidings, 1.03
miles. Gauge, 4 ft. 9 in. Rail (steel, 24.47 miles), 56 Ibs. Chartered February 4, 1882 ; road opened throughout,
October 23, 1888. This road was built in the interest of the Atlantic Coast Line, which subscribed to and owns
all the capital stock outstanding, and has advanced further sums towards the completion of the road.

Receipts and Expenses for year ending June 30, 1891. — Earnings from passengers, $5,194.65 ; freight, $36,-
666.70 ; mail and express, $1,429.84 ; miscellaneous, $4,738.82— total earnings, $48,030.01. Operating expenses
—transportation, $7,437.97 ; maintenance of way, etc., $7,760.36 ; equipment, $2,432.12 ; general, $1,332.25 ; taxes,
$1,636.53 ; interest on money advanced for construction, $27,068.41— total, $47,667.64. Surplus, $362.37.

Financial Statement, June 30. 1891.— Capital stock (par, $100), $200,nOO ; due W. & W. RR. Co., $56,285.75 ;
current liabilities, $1,457.59— total, $256,743.34. Contra : Construction and property, $255,285.75 ; current assets,
$1,457.59— total, $256,743.34. H. WALTERS, President; J. F. Post, Jr., Secretary and Treasurer. CORPOKATE
OFFICE, Wilmington, N. C.

HARTSVILLE RAILROAD.— Floyds to Hartsville, S. C., 10 miles. Sidings, 0.58 mile. Chartered
in December, 1884, and road opened in 1889. Operated as a branch of the Atlantic Coast Line. Earnings for year
ending June 30. 1891.— Passenger, $1,507.68 ; freight, $13,169.69 ; mail, $463. 10— total, $15,140.47. Expenses and
taxes, $12.216.84 ; interest. $136.29— total, $12,353.13. Surplus, $2,787.34. Capital stock ($50 shares). $21,700 ;
current, liabilities, $1.808.15 ; profit and loss, $3,352.84— total, $26,860.99. Contra : Cost of road and equipment,
$25,000; due from agents, $228.44; cash, $1,632.55— total, $26,860.99. James F. Post, Jr., Treasurer; W. A.
Riach, Auditor, Wilmington, N. C.

MANCHESTER AND AUGUSTA RAILROAD.— Projected to run from Sumter, S. C., toward?
Augusta, Ga.; completed to Richardson, 19.29 miles ; total track (steel, 19.29), 20.15 miles.

Receipts and Disbursements for year ending June 30, 1891. -Earnings— freight, $12,102.76 ; passenger, $4,-
434.82: mail, express, and other, $1,713.30— total earnings, $18,250.88. Expenses— transportation, $3,151.37;
maintenance of way, $3,783.06; equipment, $519.02; general and taxes, $1,778.93— total, $9,232.38. Surplus,
$9,018.50.

Financial Statement, June 30, 1891. -Capital stock (par, $100). $100,000 ; due W. & W. RR. Co., $113,490.78:
interest due and unpaid, $20,824.06 ; current liabilities, $1.324.85— total, $235,645.69. Contra : Construction and
property, $213,496.78 ; current assets, $1,324.85 ; profit and loss, $20.824.06— total, $235,645.69. H. WALTERS,
President ; James F. Post, Jr., Secretary and Treasurer. CORPORATE OFFICE, Wilmington, N. C.

WILMINGTON, COLUMBIA AND AUGUSTA RAILROAD. -Wilmington, N. C., to
Columbia, S. C., 192 miles. Sidings, etc., 25.74 miles. Gau»e, 4 ft. 9 in. Rail (steel, 192 miles), 56 Ibs. Re-
organization. February 11, 1880, of a company of the same name, whose road was sold under foreclosure in October,
1879. (See MANUAL for 1884, page 422.) Leased for 99 years from June 1, 1885, to the Wilmington and Weldon
RR. Co., the rental being bond interest and 6 per cent, on stock. The Central RR. of South Carolina (which see)

POOR'S MANUAL OF RAILROADS.

649

is operated under lease for joint account of this company and the Northeastern (S. C.) RR. Co., at an annual
rental of §31,000.

Iiollii,'/ $'o<-k. June 30, 1891. -Locomotive engines, 28. Cars— passenger, 18; baggage, mail, and express,
11 ; freight (box, 342 ; platform. 178 ; stock, 4 : caboose. 45), 569 ; other. 1— total cars, 599.

•ttions for year ending June 30. 1891.— Trains run (passenger, 368,423 ; freight, 392,496 ; other, 153,901),
914,820 miles. Passengers carried, 263.869 : carried one mile, 12,799,251 ; average mile rate, 2.38 cents. Tons
freight moved, 407,430 ; moved one mile, 37,208.149 ; average ton-mile rate, 1.52 cents.
Earnings.— Passenger. . . ... §304,326 22 Expenses.— Roadway and Structures ........ $160,965 64

Freight ............. 566,106 29 Maintenance of Equipment ..... 86,534 08

Mail and Express . . .... 92,239 19 Transportation ................ 271,579 56

ll

Miscellaneous

16,77177

Miscellaneous

122,39098

Total ($5,101 .27 per mile) ................ $979,443 47 Total ($3,340.93 per mile) ............... $641,470 26

Net earnings (34.51 per cent.), $337,973.21. Payments shown in Income Account.

Incomf Account for year 1891.
<;ro*s Earnings ............................ $979.443 47 \ Operating Expenses ...................... $641,470 26

Dividends A. C. L. Sleeping Car Trust .... 24,007 50

Current Interest, etc 4.977 15

Interest on Enterprise RR. Bonds 400 00

Central RR. of South Carolina, J Profits. . . 3,879 21

Total

Taxes 23,959 35

Interest Conpons Paid 96,000 00

Dividends, January, 1890, and January, 1891 57,600 00

Wilmington and Weldon R$. Co 193,677 72

$1,012,707 33 I Total $1,012,707

General Balance Sheet, June 30, 1891.
Construction, etc §2,572,862 72 i Capital Stock $960,000 00

Stocks. Bonds, and Other Property.

Current Accounts

Material and Supplies.
Cash on Hand. .

126.080 93 Funded Debt.

1,600.000 00

93,412 71 Current. Liabilities 163,584

993 18 I Profit and Loss .... 138.94365

69.178 19

Total Assets $2,862,527 73 Total Liabilities $2.662,527 73

Funded debt consists of $1,600,000 first mortgage 6 per cent. 30-year $1,000 coupon bonds, due June 1, 1910,

interest payable in New York and Baltimore, June 1 and December 1. These bonds are secured on the entire

road and equipment.

Statement of earnings, expenses, etc., for eight fiscal years :

(192 Miles.)

1884

Sept. 30.

1885

Sept. 30.

1886

Sept. 30.

1887

Sept. 30.

1888

'Sept. 30.

1889

June 30.
9 months.

1890

June 30.

1891

June 30.

Passenger Earnings . . .

195,045
370,236
86,589

$
204,750
367.990
99^054

206,823
371,932
99,001

211,105
428,708
90,703

S
248,390
432,5:9
99,040

S
185,455
436.389
70,086

278,331
571,450
94,695

304,326
566,106
109,011

979,443
641,476

Freight Earnings

Express, Mail, etc

Gro?s Earnings
Operating Expenses

Net Earnings .

652.870
455,348

671,794
455,405

676,756
500.278

730.516 779,989
461,372 539,341

691.912
485.315

944,476

648,141

197,4S6! 216,389' 176.478' 269,144
3.40036 3.49892 3,52477 3,81477
2,371 79 2,371 90 2.605 62 2.402 97
1.02857 1,12702' 91915 1,41180
69.75 p. c. 67.79 p. C.-73.90 p. c. 63.20 p. c.

240,648
4.062 44
2,809 06
1,253 38

69. 15 p. c.

206,597 296,335 337,973
3,603 71 4,919 15i 5,101 27
2.52768 3.37573! 3.34099
1.076 03" 1,54342! 1,76028
70.14 p. c.|68.62 p. c. 65.49 p. c.

Gross Earnings per Mile. . . .
Operating Expenses p. Mile
Net Earnings per Mile
Proportion of Expenses

Annual meeting, Tuesday after third Monday in November. Directors (elected November 17, 1891).— W. T.
Walters, B. F. Newcomer, George C. Jenkins, Enoch Pratt. Baltimore, Md.; H. B. Plant, New York, N. Y. ; H.
Walters, Baltimore, Md. ; J. T. Barron, Columbia, S. C. W. G. ELLIOTT. Prf#ide>if, Wilmington, N. C. : B. F.
Newcomer and H. Walters, I^v-/J/v.*u/r-»/.<t, Baltimore, Md.; James F. Post, Jr., Secretary and Treasurer, Wil-
mington, N. C. PRINCIPAL OFFICE AND ADDRESS, Wilmington. N. C.

Board of Directors, W. & W. RR. Co., elected November 17, 1891.

W. T. Walters Baltimore, Md.

Michael Jenkins....

B. F. Newcomer Baltimore, Md.

A. J. DeRosset. ..Wilmington, N. C.
Donald MacRae..

E. B. Borden Goldsboro', N. C.

W. H. Wiliard Raleigh, N. C.

George Howard Tarboro', N. C.

H. B. Plant New York, N. Y.

J. P. McCay Baltimore. Md.

WARREN G. ELLIOTT, President Wilmington, N. C.

H. Walters, Vice- President Wilmington, N. C.

Sec. and Treas.— James F. Post, Jr. .Wilmington, N. C. | General Auditor— W. A. Riach Wilmington, N. C

PRINCIPAL OFFICE AND ADDRESS Wilmington, N. C.

WILMINGTON, ONSLOW AND EAST CAROLINA RAILROAD COMPANY

Line of Road.— Wilmington, N. C., to Jacksonville, N. C 50.15 miles.

Sidings, etc., 2.82 miles. Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs.

History.— Chartered March 5, 1885 ; charter amended February 23 and March 7, 1887

650 POOR'S MANUAL OF RAILBOADS.

railroad completed in December, 1890, and opened February 1, 1891. The company operates
2 steamers on New River in connection with the railroad.

Rolling Stock, February 1, 1892. — Locomotive engines, 3. Cars — passenger, 5 ; bag-
gage, etc., 2 ; freight (box, 23 ; stock, 1 ; platform, 40), 64 — total cars, 71.

Operations for five months ending- June 30, 1891. — Train milenge — passenger, 480 ;
mixed, 14,550 — total, 15,039 miles. Pa>sengeis carried, 5,642 ; carried one mile, 159,217.
Tons freight; moved. 2,570 ; moved one mile, 59,068. Earnings — passenger, $4,943.46 ;
freight, $6.102.47— total, $11,045.93. Operating expenses, $14,958.33. Deficit from opera-
tions, $3,372.43. Interest on funded debt accrued, $14,958.33— total deficit, $18,330.76.

Financial Statement, June 30, 1891.— Capital *tock (shares, $50), authorized, $3,000,-
000 ; paid in, $1,000,000 ; funded debt (1st mortgage 5 per cent. 30-year bonds, due February
1, 1921, interest February and August), $718,000 ; current account**, $6.126.68 ; interest on
bonds not yet payable, $14,958.33— total, $1.739,085.01. Contra : Cost of road and equip-
ment, $1,718,824.41 ; cash and current assets, $1.109.76 ; due from agents, etc., $323.93;
materials, etc., $496.15 ; profit and loss, $18,330.76— total, $1,739,085.01.

Annual meeting, first Wednesday in February, at Wilmington, N. C. ; transfer books
close two weeks previously.

Directors (elected February 3, 1892). — Thomas A. Mclntyre, Henry L. Wardwell, Wil-
liam A. Nash, Ewen Mclntyre, Sr., Edward L. Adams, New York, N. Y. ; Charles M. Whit-
lock, Wilmington, N. C. ; Richard W. Ward, Jacksonville, N. C.

THOMAS A. MC!NTYRB, President New York, N. Y.

Henry L. Wardwell, Vice- President New York, N. Y.

Treasurer— Wi\\\am A. Nash New York, N. Y.

Secretary— Chas. M. Whitlock Wilmington, N. C.

Gen. Manager— Henry A. Whiting.. Wilmington, N. C.
Auditor— J. W. Marteni* ...

PRINCIPAL OFFICE AND ADDRESS Wilmington, N. C.

Transfer Office 212 Produce Exchange Building, New York, N. Y.

WINIFREDE RAILROAD COMPANY,

Main Line of Road. — Winifrede Junction to Winifrede, W. Va 4.54

Coal Branch : Winifrede to Coal Mines 2.50—7.04 miles.

Sidings, 2.6 miles. Gauge, 4 ft. 9 m. Rail (steel), 56 Ibs. per yard.

History.— Chartered in November, 1881 ; road opened in 1882. The Winifrede Coal
Co., a distinct corporation, has a capital stock of $600,000 (no bonds or other debt), of which
$450,000 is paid in, and owns 10,000 acres of coal lands, a portion of which is developed by
this road.

Rolling Stock, March 31, 1891 (latest report). — Locomotive engines, 3. Cars — passen-
ger, 1 ; freight (platform, 5 ; coal, 205), 210— total, 211.

Financial Statement, June 30, 1890 (latest furnished). — Capital stock (authorized, $200,-
000), representing cost of road, etc., $150,000.

Annual meeting, second Wednesday in January.

Directors (elected January 13, 1892.— James A. Wright, Amos R, Little, Charles J.
Harrah, R. C. McMutrie, David G. Yates, Wm. Cochran, John P. Logan, Sydney L, Wright,
Theo. Wright, Philadelphia, Pa.

THEODORE WHIGHT, President Philadelphia, Pa.

Sec. and Treas.—D. W. Chandler Philadelphia, Pa. | Siipt.—~R. B. Cassady. .Winifrede. Kanawha Co., W. Va.

PRINCIPAL OFFICE AND ADDRESS 518 Walnut Street, Philadelphia, Pa.

WINONA AND SOUTHWESTERN RAILWAY COMPANY.

Line of Road (as projected).— Winona, Minn., to Omaha, Neb (about) 380 miles.

Completed : Winona, Minn., to Osage, la ^ 117 miles.

Sidings, 4 miles. Gauge, 4 ft. 8-fc in. Rail (steel), 60 Ibs.

POOR'S MANUAL OF RAILROADS. 651

History. — Chartered in 1856 and road opened to (Xsage August 13, 1891. At Winona,
the company uses 1.25 miles of track together with depot and terminal facilities, of the
rhicago, Burlington and Northern RR.

Rolling Stock, June 30, 1891. — Locomotive engines, 6. Cars — passenger, 4; bnggage,
mail, and express, 3; freight (box, 212 ; platform, 94 ; caboose, 4), 310 — total cars, 317.

Operations, etc.— Not reported.

Financial Statement.— Capital stock ($20,000,000 authorized), $2,290,000 ; funded debt,
1st mortgagee per cent. $1,000 gold coupon bonds, dated April 2, 1888, due 1928, interest
April and October ($6,950,000 authorized), $2,118,250— total, $4,408,250. The bonds are
secured on the entire property of the company.

Annual meeting, first Wednesday in June, in New York, N. Y. Trustee of bonds and
registrar of stock, Farmer's Loan and Trust Co., New York, and coupons are payable by
that company.

Directors (elected June 3, 1891). — II. D. Cone, Wiuona, Minn.; S. W. Champion, Green
Bay. Wis.; Andrew Hamilton, Charles Horron, William Hayes, H. W. Lamberton, Wm. H.
Laird, M. G. Norton, V. Simpson, Thomas Simpson, E. S. Youmans, Winona, Minn. ; Joseph
Walker, Jr.. New York, N. Y.

H. W. LAMBERTON, President Winona, Minn.

V. Simpson, Vice-President Winona, Minn.

I/ — Thomas Simpson Winona, Minn. | Treasurer— Mathew G. Norton Winona, Minn.

Auditor— E. G. Hornebrooke Winona, Minn.

PRINCIPAL OFFICE AND ADDRESS Winona, Minn.

Transfer Office New York, N. Y.

WISCONSIN MIDLAND RAILROAD COMPANY.

n« «f Piuifoofori RAid • f Fond du Lac» Wis-' to L'Anse, Mich 225.0 miles.

Lines of Piojected Road : ^ Fond du Lac to Madison Wis 69 2 mile,?

Completed : Junction C., M. & St. P. Ry. through Fond du Lac 4.0 miles.

Gauge, 4 ft. 8£ in. Rail (steel), 66 Ibs.

Hisiory. — Chartered in March, 1887, and road opened in December, 1890. Operated by
the C.. M. & St. P. Ry. Co.

Financial Statement. — Capital stock authorized, $20,000 per mile ; shares, $100 each.

Annual meeting, fourth Wednesday in March.

Directors.— N. Boardman, D. C. Lamb, G. A. Knapp, C. B. Bartlett, T. F. Mayham,
C. A. Galloway, Fond du Lac, Wis. ; George Baldwin, Appleton, Wis.

DANA C. LAMB, Chairman of Board and Secretary. . . . Fond du Lac, Wis.
N. Boardman, Vice- President and Consulting Engineer. . "

PRINCIPAL OFFICE AND ADDRESS Fond du Lac, Wis.

WISCONSIN, MINNESOTA AND PACIFIC RAILWAY COMPANY.

Main Line of Road.— Red Wing, Minn., to Mankato, Minn 93.7

Branch : Morton, Minn. , to Watertown Junction, Minn 122.9

Trackage : B. C. R. & X. RR. : Watertowu Jc. to Watertown 1.1—217.7 miles.

Sidings, 15.9 miles. Gauge, 4 ft. 84 in. Rail (steel), mostly 60 Ibs. per yard.

History.— Chartered May, 23, 1857; road opened to Eagle's Lake in 1882 ; extended to
Mankato in 1887. (See MANUAL for 1889). Controlled and operated by the Minneapolis and
St. Louis Ry. Co., but accounts kept separate.

Rolling Stock,.June 30, 1891,— Cars— baggage, mail, and express, 2; freight (caboose), 1.

Operations for year ending June 30, 1891.— Train mileage — passenger, 118,6^1; freight,

652 POOR'S MANUAL or RAILROADS.

90,191 ; mixed, 20,335 ; other, 2,227— total, 231,374 miles. Paasengers carried, 69,428; car-
ried one mile, 1,601,738. Tons freight moved, 198,271; moved one mile, 8,033,399.

Earning!.— Passenger $45,794 20

Freight 168,523 27

Mail and Express 21,802 98

Miscellaneous 3,086 57

Total (81,098.79 per mile) $239,207 02

.— Transportation ' $92,562 23

Maintenance of Equipment 21,023 16

Roadway and Buildings 101,837 07

General 16,889 57

Total (SI. 067. 12 per mile) $232,312 03

Net earnings, $6,894.99 ; add terminal and other rents, $3,597.73— total, $10,492.72.
Paid taxes, $6,171.88. Surplus, $4:320.84; deficit forward, $41,368.37; net deficit,
$37,047.53.

Financial Statement, June 30, 1891.— Capital stock (par $100)— common, $3,229,100;
preferred, $2,152,300 — total, $5,381,400; funded debt, 1st mortgage 6 percent. 50-year
bonds, dated April 14, 1884, interest payable April and October ($15,000 per mile author-
ized), $3,228,000; due M. & St. L. Ry. Co., $5,899.66 ; due receiver M. & St. L. Ry. Co.,
$31,147.87— total, $8,646,447.53. Contra: Cost of road and equipment, $8,609,400; profit
and loss, $37,047.53— total, $8,646,447.53.

Capital stock authorized, $20,000,000. The stock outstanding is owned by the Chicago,
Rock Island and Pacific Ry. Co. The bonds are authorized at the rate of $15,000 per mile
for construction, $5,000 per mile for equipment, and $3,000,000 additional for bridging
sundry rivers. Of the total issued, $3,000,000 are deposited with the United States Trust
Co. as security for an equal amount of extension and collateral 5s of the Chicago, Rock
Island and Pacific Ry. The difference in interest between the C., R. I. & P. bonds (5 per
cent.) and the W., M. & P. bonds (6 per cent.) is to be invested as it accumulates in Rock
Island bonds at 105 and interest, at which they may be redeemed after July 1, 1894.

Annual meeting, Saturday after first Wednesday in June. Coupons payable in New
York.

Directors (elected June 6, 1891).— L. C. Mitchell, T. E. Clarke, J. Gaekell, O. C. Post,
H. T. Wright, A. E. Clarke, L. B. Arnold, Minneapolis, Minn.

L. C. MITCHELL, President Minneapolis, Minn.

T. E. Clarke, Vice- President Minneapolis, Minn.

Secretary — L. B. Arnold Minneapolis, Minn. | Treasurer — Joseph Gaskell Minneapolis, Minn.

General Manager— W. H. Truesdale " " j Auditor— O. C. Post

PRINCIPAL OFFICE AND ADDRESS Minneapolis, Minn.

WOOD RIVER BRANCH RAILROAD COMPANY.

Line of Road. — Wood River Junction, R. I., to Hope Valley, R. 1 5.7 miles.

Sidings, .925 mile. Gauge, 4 ft. 8£ in. Rail (steel, 0.6 mile), 45 and 56 Ibs.

History.— Chartered May, 1872 ; road opened July 1, 1874.

Rolling Stock, June 30, 1891. — Locomotive engines, 2 ; passenger cars, 3.

Operations for year ending June 30, 1891. — Train mileage — passenger, 8,436; mixed*
7,250; other, 964— total, 16,650 miles. Passengers carried, 23,418: carried one mile, 120,806;
average mile rate, 4.20 cents. Tons freight moved, 10,399; moved one mile, 57,284; aver-
age ton-mile rate, 15.52 cents. Earnings — passenger, $5,076.80 ; freight, $8,895.52 ; mail,
$224.58; express, $435— total ($2,567 per mile), $14,631.90. Expenses— transportation,.
$4,569.78: motive power, $644.87; maintenance of cars, $312.68; way and buildings,
$3,812.39 ; general, $1,038.77— total ($1,821.49 per mile), $10,378.49. Net earnings (26. 28- per
cent.), $3,844.15; add interest and dividends, $35.77; other receipts, $'20 — total, $3,899.92.
Payments : Interest on bonds, $3,390 ; on debt, $293.33— total, $3,683.33. Surplus, $216.59;
surplus forward, $9,464.48— total, $9,681.07.

Financial Statement, June 30, 1891. -Capital stock (par, $100), $60,000 ; funded debt,
1st mortgage 6 per cent. 10-year $500 coupon bonds, due July 1, 1894, interest January and
July, $56,500 ; bills payable, $4,500; current accounts, $3,232.04 ; matured interest and
coupons unpaid, $3,390; income account, $9,681.07— total, $137,303.11. Contra: Cost of

POOR'S MANUAL OF RAILROADS. 653

road, $111,834.79; equipment, $13,554.60; materials, etc., $401.25; current accounts,
$65l'.60 ; cash on hand, $4,045.87 ; profit and loss, $6,825— total, $137,303.11.

Interest payable at First National Bank of Hopkinton, R. I. Annual meeting, first
Tuesday in December, at Hope Valley, R. I. Books only close on date of meeting. Trustee
of bonds, Ainos G. Nichols ; registrar of stock, George H. Oleny, Hope Valley, R. I.

Directors (elected December 2, 1891). — Amos G. Nichols, George H. Oleny, Benjamin
P. Laniovorthy, Charles S. Nichols, Edward Barber, William F. Joslin, Hope Valley. R. I. ;
John L. Kenyon, Wyoming. R. I. ; Auson Greene, Arcadia, R. I. ; Jeremiah B. Gardiner,
Providence, R. 1.

AMOS G. NICHOLS, President Hope Valley, R. I.

Treaf. and Sec.— George H. Olney . . .Hope Valley, R. I. •/<•/>/— L. M. Barber Hope Valley, R. I.

PRINCIPAL OFFICE AND ADDRESS Hope Valley, R. I.

WOODSTOCK RAILWAY COMPANY.

Line of Road. — Woodstock, Vt., to White River Junction, Vt 14 miles.

Sidings, 1 mile. Gauge, 4 ft. 84- in. Rail (steel, 4 miles), 56 Ibs.

History. — Organized July 1, 1890, as successor to the Woodstock RR. Co., whose mort-
gage was foreclosed on that date. Bondholders received dollar for dollar in stock of the new
company. (See MANUAL for 1891).

Rolling' Stock. — Locomotive engine, 1. Cars — passenger, 3 ; baggage, etc., 1 ; freight, 2.

Operations for year ending June 30, 1891. — Train mileage (mixed), 20,000 miles. Pas-
sengers carried, 18/226; carried one mile, 295,245; average mile nxte, 3.57 cents. Tons
freight moved, 12,825 ; moved one mile, 166,308 ; average mile rate. 8.93 cents. Earnings —
passenger, $10,529.24 ; freight, $14,859.45 ; mail, $716.08; express, $720— total, $26,824.77.
Expenses,$17,204.33. Net earnings, $9.620.44.

Financial Statement, June 30, 1891.— Capital stock ($100 shares), $250,000 ; bills pay-
able, $5.000 ; net earnings, $9,620.44— total, $264.620.44. Contra : Cost of road. $250,000 ;
rolling stock, $0,901.46 ; materials and fuel, $3.856.44 ; cash, $862.54— total, $14,620.44.

Annual meeting at Woodstock on the second Wednesday in September.

Directors (elected September 9, 1891).— Lewis Pratt, Frederick N. Billings, Frank S.
MacKenzie, W. C. French, Woodstock, Vt. ; Norman Williams, J. F. Rhodes, Chicago, 111. ;
John J. Dewey, Quecbee, Vt.

F. N. BILLINGS, President Woodstock, Vt..

John J. Dewey, Vice-President Quechee, Vt.

Secretary— C. P. Marsh Woodstock, Vt. [ Treasurer and Supt.—J. G. Porter Woodstock, Vt-.

PRINCIPAL OFFICE AND ADDRESS Woodstock. Vt.

WRIGHTSVILLE AND TENNILLE RAILROAD COMPANY.

Line of Road.— Tennille, Ga., to Dublin, Ga 35.50 miles.

Sidings, 3.5 miles. Gauge, 4 ft. 9 in. Rail (steel, 22 miles), 45, 50, and 56 Ibs.

History.— Successor, December, 1883, to the Wrightsville and Sun Hill RR. Co., and
consolidated with the Dublin and Wrightsvilln RR. Co. December 1, 1886. An extension of
one mile in the town of Dublin has been completed since the close of the fiscal year.

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars — passengers, 2 ; combina-
tion, 1 ; freight (platform), 23 ; caboo<e, 1 ; repair and velocipede, 10 ; other cars, 2 — total
cars, 39. Twenty of the platform cars are leased. One locomotive has been added since the
close of the fiscal year.

Operations for year ending June 30, 1891. — Train mileage — passenger, 39,681 ; freight
and mixed, 35.595— total, 75,276 miles. Passengers carried, 56,218 ; carried one mile, 855,-
960 ; average mile rate, 2.70 cents. Tons freight moved, 62,493. Earnings— passenger,
$23,107.89 ; freight, $60,883.92; mail, $1,805.49; express, $4,171.93; other, $2,835.15—

654 POOR'S MANUAL OF RAILROADS.

total, $92,804.38. Operating expenses, $63,217.61. Net earnings, $29,586.77 ; add trackage
rental, $3,397.38 ; telegraph line, $197.50 ; other receipts, $110.20— total, $33,291 85. Pay-
ments : Interest on bonds, $2,100; dividends (8 per cent, paid January 1, 1891), $9,662 —
total, $11,762. Surplus, $21,529.85 ; surplus forward, $29,531.40— total, $51,061.25.

Financial Statement, July 1, 1891.— Capital stock. $120,775 ; funded debt, $35,000 ;
bills payable, $3,672.63; accounts due, $1,372.82; dividends unpaid, $359; profit and \oat>,
$51,061.25— total, $212,240.70. Contra: Cost of road, etc., $181,516.47; real estate,
$907.72; securities owned, $176.88; current accounts, $6,243.42; surveys for new line, $2,-
755.50; bills receivable, $2,619.60; telegraph line, $1,077.51; cash, 16,943.60— total, $212.-
240.70.

Funded debt consists of 1st mortgage 6 per cent. 30-year bonds, dated January, 1889,
interest payable January and July, at Savannah, Ga. The Central RR. Co. of Gt-orgia owns
the entire issue of preferred stock. Par value of stock, $25 per share.

Annual meeting, second Monday in January, at Tennille, Qa. Books close ten days
before annual meeting, and stock held then may be voted. Preferred stock carries preference
for dividends up to six per cent. Dividends payable January and July at the company's
office. Registrar of stock, W. C. Matthews, secretary and treasurer, Tennille, Ga. Trustee
of bonds, the President of Central Railroad and Banking Com' any of Georgia.

Directors (elected January 11, 1892).— J. W. Smith, G. W. Perkins. Tennille, Ga. ;
R. L. Warthen, C. R. Pringle, Sandersville, Ga. ; A. F. Daley, Wrightsville, Ga. ; Chas.
Hicks, Dublin, Ga. ; Jacob Cohen, V. E. McBee, J. S. Wood, >avannah, Ga.

J. S. WOOD, President Tennille, Ga.

Sec. and Treaf.—W. C. Mathews Tennille, Ga | Auditor— F. H. Robereon Tennille, Ga.

Superintendent— G. W. Perkins Tennille, Ga.

PRINCIPAL OFFICE AND ADDRESS Tennille, Ga.

YORK HARBOR AND BEACH RAILROAD COMPANY.

Line of Road. — Kittery, Me., to York Beach, Me 11.27 miles.

Sidings, 1.15 mile?. Gauge, 4 ft. Si in. Rail (steel, 11.27 miles), 56 and 60 Ibs.

History. — Organized in 1886, and road opened August 8, 1887.

Rolling .Stock. — Supplied by Boston and Maine RR.

Operations for year ending June 30, 1891. — Train mileage — passerger, 21,932 ; freight,
7,311 — total, 29,243 miles. Passengers carried, 99,963; carried one mile, 769,538. Tons of
freight moved, 6,487 ; moved one mile, 52,828. Earnings — passenger, $29,448.28 ; freight,
$6,201.54; express, $601.13: mail, $482.19; other, $225.12— total, $36,958.26. Operating
expenses — transportation, $12,863.71 ; motive power and cars, $1,590 ; maintenance way,
etc., $5,079.83 ; general, $1,127.30— total, $20,660.84. Net earnings, $16,29 <'. 42; add rents
and interest, $159.45— total, $16,456.87. Paid dividends, $5,998 ; taxes, $396.58— total, $6.-
394.58. Surplus, $10,062.29; surplus forward, $985.66— total, $11,047.95.

Financial Statement, June 30, 1891.— Capital stock (authorized, $300,000; par, $50),
$299,925 ; dividends not called for, $48 ; profit and loss, $11,047.95— total, $311,020.95.
Contra : Cost of road, $300,000 ; cash on hand, $9,523.30 ; current accounts, $1,497.65— total,
$311,020.95.

Annual meeting first Wednesday in December, at York, Me. Dividends payable in Feb-
ruary, at Boston, Mass.

Directors (elected December 2, 1891). — Frank Jones, Portsmouth, N. H. ; George C.
Lord, Newton, Mass. ; John E. Staples, Henry E. Evans, York Village, Me.; Samuc^ C.
Lawrence, Medford, Mass. ; Joseph S. Ricker, Deering, Me. ; Edward S. Marshall, York
Harbor, Me.

FRANK JONES, President Boston, Mass.

Treasurer— Amos Blanchard Boston, Mass. | Clerk— S. W. Junkins York Corner. Me.

Auditor— Wm. J. Hobbe Boston, Mass.

PRINCIPAL OFFICE AND ADDRESS. ... Boston, Mass.

POOR'S MANUAL OF RAILROADS. 655

ZANESVILLE AND OHIO RIVER RAILWAY COMPANY.

Line of Road.— Fair Oaks, O., to Marietta, O 72.04

Trackage : C. & M. V. RR.: Fair Oaks to Zanesville, O 1 .60— 73.64 miles.

Sidings, etc., 8.09 miles. Ciauge, 4 ft. 8± in. Rail (steel), 56 and 60 Ibs.

History. Reorganization in 1885 of the Chicago, Zanesville and Atlantic Ry. Co. Road

opened to Marietta July 1, 1888. (See MANUAL for 1891).

Interest is in default since August 1, 1889. and foreclosure suit is in progress. A plan
has been proposed, but not yet carried out, providing for the reorganization of the company
as the Ohio and West Virginia Ry. Co., with a capital of $2,000,000 common and $1,000,000
preferred stock, besides $'2,000,000 4 A- per cent. 50-year bonds. (For terms of exchange, etc.,
see MANUAL for 1891.) Trustee of bonds, Atlantic Trust Co., 39 William Street, New
York, X. Y.

Rolling: Stock, June 30, 1891.— Locomotive engines, 11. Cars— passenger, 9 ; baggage,
2 ; freight (flat, 21 ; coal. 99 ; box, 29), 149 ; caboose, 2 — total cars, 162.

Operations for year ending June 30, 1891. — Train mileage— passenger, 103,752 ; freight,
51,565; other, 11,265— total, 166,582 miles. Passengers carried, 149,226; carried one mile,
2,559,571 ; average mile rate, 2.49 cents. Tons freight moved, 202,803 ; moved one mile,
3,991,250 ; average ton-mile rate, 1.94 cents.

Earnings.— Passenger £64,199 62 Expenses.— Transportation & Motive Power. $51,835 86

Freight 77,608 93 Maintenance of Equipment 15,503 85

Mail and Express 7,399 07 Maintenance Way & Bnildings. 30,152 38

Miscellaneous.. 2,04364 General 24,53772

Total ($2,032.94 per mile) 5151.251 26 , Total ($1.640.19 per mile) §122.029 81

Net earnings (19.32 per cent.), $29,221.45. Payments ; Interest on bonds, $120,000 ; on
debt, $388.28; taxes, $4,738.94; permanent improvements, $875. 6'2 — total, $126,002.84.
Deficit, $96,781.39. Deficit forward ($149,495.32, add additions for the year, $44), $149,539.-
82— total deficit, $246,320.71.

Financial Statement, June 30, 1891.— Capital stock, $2,000,000 ; funded debt (1st mort-
gage 6 per cent. 30-year bonds, due February, 1916 ; interest February and August), $2,000,-
000 ; current accounts, $262,593.19 ; accrued interest on bonds not yet payable, $50,000 —
total, $4,312,593.19. Contra: Ccst of road and equipment, $4,059,525.28; materials and
supplies, $6,747.20 ; profit and loss, $246,320.71— total, $4,312,593.19.

Annual meeting in September at Zanesville, O.

Directors (elected January 4, 1892).— C. M. Wicker, H. B. Hoilms, August Belmout, Jr.,
J. Hope Sutor, New York, N. Y. ; E. E. Denniston, Philadelphia, Pa.; Henry P. Scott, Wil-
mington, Del.; E. M. Stanbery. McConnellsville, O. ; T. W. Moore, Marietta, O. : F. A. Dur-
ban, James Buckingham. John Hoge, M. Churchill, W. A. Graham, Zanesville, O.

C. M. WICKER, President New York, N. Y.

Sec. and Treasurer— J. Hope Sutor Zanesville, O. | Auditor- Y. E. Smith Zanesville, O.

PRINCIPAL OFFICE AND ADDRESS Zanesville, 0.

Transfer Agency Mercantile Trust Co., New York, N. Y.

ALBIA AND CENTERVILLE RAILWAY COMPANY.

Line of Road. — Albia, la., to Centerville, la 24.10 miles.

Sidings, etc., 1.02 miles. Gauge, 4 ft. 8£ in. Kail, 56 Ibs.

History. — Reorganization, April 1, 1890, of the Centerville, Moravia and Albia RH. Co
Took possession July 1, 1890. The Iowa Central Ry. To. runs one of its trains through from
Oskaloosa via Albia to Centerville, furnishing everything, including train and engine crews
at a fixed price per train mile.

Operations for year ending June 30, 1891.— Train mileage (mixed), 19,282 miles. Pas-
sengers carried, 7,847 ; carried one mile, 131,830 ; average mile rate, 3.51 cents. Tons
freight moved, 91,585 ; moved one mile, 1,420,205 ; average ton-mile rate, 0.95 cents.

656

POOR'S MANUAL OF RAILROADS.

Earnings— passenger, $4,621.71; freight, $13,547.59; mail and express, $1,153.25— total,
$19,322.55. Operating expenses — transportation, $6,499.90 ; muintenance of equipment,
$1,639.02 ; maintenance of way and buildings, $20,368.95 ; general, $76o. 95— total, $29,273.-
82. Loss from operations, $9,951.27. Amount levied on stockholders, $19,100. Net income,
$9,148.73 ; from which was paid taxes, $774.38 ; leaving surplus for year, $8,374.35 ; deficit
forward, $7,714.35 ; net surplus, $660.

Financial Statement, June 30, 1891. — Capital stock (par, $100), $400,000: accrued taxes
not yet payable, $225.57 ; profit and loss, $660— total, $400,885.57. Contra : Cost of road,
$400,000; other assets, $885.57— total, $400,885.57. The capital stock was issued in exchange
for old bonds.

Directors (elected December 1, 1890).— .Russell Sage, John P. Munn, J.'J. Slocuni, W. H.
Gebhard, New York, N. Y. ; C. H. Ackert, Marshalltown, la.; F. M. Drake, Centerville, la.

F. M. DRAKE, President Centerville, la.

Treasurer— Seth Zug Marshalltown, Ta. | Secretary and Auditor— E. S. Benson. Marshalltown, la.

PRINCIPAL OFFICE AND ADDRESS Marshalltown, la.

Transfer Office 11 Wall Street, New York, N. Y.

ALLEGHENY VALLEY

RAILWAY

AND CONNECTIONS

ALLEGHENY VALLEY RAILWAY COMPANY,

Main Line of Road. — Pittsburgh, Pa., to Oil City, Pa 132.50 miles.

Low Grade Division ; Red Bank, Pa., to Driftwood, Pa 109.70 miles.

Plum Creek Branch : Verona to Plum Creek Mines, Pa 7.00 miles.

Sliffo Branch : Lawsonhaui to Sligo, Pa 10.20 miles.

Totalflength of lines operated, December 31, 1891 259.40 miles.

2d track, 11.43 miles. Sidings, 137.30 miles. Gauge, 4 ft. 9 in. Rail (steel, 321.8 miles),
60 Ibs.

History. — Reorganization, February 5, 1892, of the Allegheney Valley Railroad Co.
whose property went into the hands of & receiver May 2, 1884, and was sold under fore-
closure sale^December 15, 1891. (See MANUAL for 1891, page 597.) The new company took

POOR'S MANUAL — ALLEGHENY TALLEY BY. CO. 657

possession of the property on March 1, 1892. The decision of the U. S. Circuit Court
ordering the sale of the road divests the lien of all the indebtedness of the company, except-
ing the principal of the $4,000,000 1st mortgage River Division 7.3 per cent., due March 1,
1896, the $10,000,000 1st mortgage low grade division 7s, due April 1, 1910, and $1,700,000
of the 5s of April, 1870 (principal paid at the rate of $100,000 per annum on January 1 of
each year), the latter being the amount still unpaid and in the possession of the Sinking
Fund Commissioners of the State of Pennsylvania.

Under the terms of the plan of reorganization, as amended, the capital stock of the new company has been
fixed at $30,000,000 (ia $50 shares)— §18,000,000 preferred 3 per cent, stock and §12,000,000 common stock. In
addition there has been authorized an issue of $20,000.000 gold bonds, bearing interest at the rate of 4 per cent,
per annum, payable semi-anmially, maturing 50 years from March 1, 1892, which are as issued to be guaranteed by
the Pennsylvania RR. Co., and the form of said bonds and the form of a general mortgage to secure the game
r.pon the corporate property and franchises of the new company has been approved.

Of these there have been issued to the committee for the benefit of the signers to said agreement and for and
in consideration of the property and franchises purchased as follows, viz. : 308,918 share? of preferred stock at
$50 each, aggregating $15,445,900, and 210,862 shares of the common stock at $50 each, aggregating $10.543,100.

The residue of the capital stock, viz. : 51,082 shares of preferred and 29,138 shares or common was directed
to remain in the treasury of the company subject to be issued for proper corporate purposes, among which, so far
as relates to the preferred stock, will be the issuance to the Pennsylvania RR. Co. under the terms of the reorgani-
zation agreement, of such amounts as may be necessary in exchange for such of the coupons of the $10.000,000 of
the bonds secured by mortgages of March 31, 1869, and September 4, 1874, as the earnings of the reorganized com-
pany may be inadequate to meet.

BONDS.— One thousand three hundred and eighty-fonr of the bonds for $1,000 each, making an aggregate of
$1,384,000.

The remainder of the authorized issue to be disposed of or issued from time to time, as follows : A sufficient
amount, that is to say, $17,100,000 thereof, shall be retained to cover the liens subject to which the new company
takes the property and franchises and 8 per cent, additional ; and as the paid liens mature a proportionate amount
of said bonds so held shall be from time to time applied to their payment, or, if any or all of said liens shall be
extended on terms satisfactory to the board of directors of the new company, then an equivalent amount of bonds,
held as aforesaid, shall be cancelled by the trustee*, and a proportionate surplus passed over to the new company.
The balance of the bonds not required for the above mentioned purposes shall remain in the treasury of the com-
pany, and may, together with any bonds not used as aforesaid, be from time to time issued and used as may be
deemed necessary by the board of directors for the purpose of improvement and betterment of the property.

Financial Statement, Allegheny Valley Railway Co. — Total authorized capital stock (pre-
ferred 3 per cent, cumulative, $18,000,000 ; common, $12,000,000), $30,000,000.' Issued and
outstanding (preferred, $15,445,900; common, $10,543,100), $25,989,000. Remaining in the
treasury of the company unissued (common, $1,456.900; preferred, $2,554,100), $4,011.000.

BONDED INDEBTEDNESS.
Total authorized indebtedness $20,000,000 00

PRESENT OUTSTANDING INDEBTEDNESS.

First — Undigested Liens. — The mortgage of March 4, 1886, securing seven and three-tenths per

cent, bonds, maturing March 1, 1896, amounting to 4,000,000 00

Two mortgages dated March 31, 1896, and September 4, 1874, securing seven per cent, bonds,

maturing April 1, 1910, amounting to 10,000,00000

Two mortgages dated April 1, 1869, and September 5, 1874, securing five per cent, bonds to the
Commonwealth of Pennsylvania, maturing §100,000 on January 1 of each year, amounting

at the time of reorganization of new company to 1,700,000 00

Second— New Bonds.— Of the issue of $20.000,000 four per cent, gold bonds of the new corporation

secured by general mortgage ol March 1, 1892, issued to the purchasers 1.384,000 00

Total outstanding bonded indebtedness $17,084,000 00

Balance presently issuable $2.916,000 00

Cash. — Received or to be received from the ten cent, assessments on the first preferred stock $982,957 91

Received or to be received from assessment of $5 per share on holders of stock of old
company 1^6,040 00

$1,108,997^91
fromiwhich deduct —

Paid to the Commonwealth's loan maturing since the date of agreement $190,000 00

Expenditures of Purchasing Committee 74,736 27— 264,736 27

Balance in treasury of reorganized company $844,261 64

Rolling" Stock, December 31, 1891. — Locomotive engines, 75. Cars — passenger, 49 ;
baggage, mail, and express, 13 ; freight (box, 363; platform, 27; coal, 2,409 ; stock, 1 ;
caboose, 31), 2,831 ; service cars, 95— total cars, 2,988.

Operations for year ending December 31, 1891. — See tabulated statement below.

Earnings.— Passenger $700,284 29

Freight 1,743,100 20

Mail 38,338 05

Express 22,301 34

Miscellaneous . . . 54,770 18

Total ($9,840.90 per mile) $2,548,794 06

Expenses.— Transportation $440,289 31

Motive Power 388,328 86

Maintenance of Cars 199,551 50

Maintenance of Way 407,412 23

General 86,359 52

Total ($5,876.22 per mile) $1,521,941 43

Nefearnings (40.29 per cent.), $1,026,852.64. Add interest and dividends, $2,359.17—

42

658

POORS MANUAL — ALLEGHENY VALLEY RY. CO.

total revenue, $1,029,211.81. From which deduct amounts paid for real estate, $36.440.18 ;
new equipment, $63,596.79 — total, $100.036.97. Balance, applicable to payment of inter-
est, etc., $929.174.84 Charges against income: Interest on bonds (on general mortgage,
$292,000; on 1st mortgage, $700,000; on 2d mortgage bonds, $110,000), $1,102,000 ; interest
on real estate Hens, $3,757.22 : on car trust, $348.35— total, $1,106,105.57. Deficit in income
meet liabilities, $176,930.73.

Statement of operations, capital account,
receivership :

etc.,

of the railroad for eight years, during

Miles of Railroad

Passenger Train Miles

Freight Train Miles

Other Train Miles

Passengers Carried

Passenger Miles

Freight (tons) Moved

Freight (ton) Miles

Passenger Earnings

Freight Earnings

Miscellaneous

Gross Earnings

Transportation Expenses . .

Net Earnings

Gross Earnings per Mile . . .
Gross Expenses per Mile. . .

Net Earnings per Mile

Expenses to Earnings

Av. Rate per Pass, per Mile.
Av. Cost per Pass, per Mile.
Av. Profit per Pass, per Mile
Av. Rate per Ton per Mile.
Av. Cost per Ton per Mile .
A v. Profit per Ton per Mile .

Capital Stock

Funded Debt

Bonds and Mortgages. .
Pennsylvania RR. Co

Current Accounts

Other Liabilities

Total Liabilities

Construction

Equipment . ?

Stocks and Bonds

Materials and Supplies

Sundry Accounts

Other Assets

Cash on Hand

Profit and Loss

Total Assets.. .

1884

1885

1886

1887

1888

1889

1890

1891

259.4 259.4

259.4

259.4

259.4

259.4

259.4

259.4

650,058 622,761 ! 645,876

650,429

649,870

657,811

675,042

713,236

978,390! 800,152

913,586

941,150

936,118

1.102,744

1,202,923! 1,131,400

79,165: 70,330

85,491

98,595

102,371

126,295 123,347! 124,274

985,591! 966,5571 1,110,863

1,271,746

1,493,954

1,434,646 1,557,899 1,1.44.2(57

17,169,870 16,571,359

17,983.779

19,904,771

21,473,938

24,009,778' 26,856,371

29,956.049

2.751,154 2,404,283

2,710,236

2,911,357

3,533,287

3,922,783 ! 4,329,290 4^268.575

163.275,465 138.847410 172,352121

181-849088

178-978408

222,005 961 224,999,936 208,419,114

$ | $

I

S

9

$ $

£

483,371 i 427.473

470,825

513,468

550,517

615,250 651,793 700,284

1,571,176, 1,286,087

1,266,799

1,439,720

1,455,110

1,688,346 1,839,627 1,743,100

59,335 66,623

75,105

75,920

93,338

48,882

100,680 105,410

2,113,8821 1,780,133

1,812,729

2.029.108

2,098,965

2,369,986 3,592,100 2,548,794

1,292,563' 1,108,999

1,131,499

i;231,339

1,198,038

1,372,589

1,467,449

1.521,941

821,519 671,134

681,230

797,769

900,927

997,397

1,124,651! 1,026,853

8,161 71 1 6,87310

6.998 95

7.834 39

8,104 11

9.150 52

10,00811 9,84090

4,990 59 4,281 85

4,368 72

4,754 20

4,625 62

5,299 57

5,665 83

5,876 22

3,171 12 2,591 25

2,630 22

3,080 19

3,478 49

3,850 95 4,342 28 3,964 68

61. 15 p. c. 62. 30 p. c.

52.40 p. c.

60.68 p. c.

57. 01 p. c.

57.89 p. c. 56.61 p. c. 59.71 p. c.

2.815 c.

2.579 c.

2.617C.

2.579c.

2.563C.

2.513c. 2.427c. 2.338c.

1.867e.

1.825C.

1.716c.

1.617c.

1.508C.

1.482c. 1.431c. 1.315C.

0.948 c.

0.754 c.

0.901 c.

0.962c.

1.055C.

1.031C. 0.996c.

1.023c.

0.962 c.

0.922 c.

0.736c.

0.792c.

0.813C.

0.751c. 0.818C.

0.886 c.

0.595 c.

0.580 c.

0.477C.

0 500 c.

0.488c.

0.457C. i 0.482c. 0.541C.

0.367 c.

0.342 c.

0.25'.)c.

0.292c.

0.323C.

0.294C. 0.336C. 0.2»5c.

$

S

S

S

$

$ $ ?

2,166,500

2,166.500

2,166,500

2.166,500

2,166,500

2,166,500; 2,166,500 2.1(56,500

26.220,400

26,122,300

26,023,100

25,926.300

25,927,000

25.928,500 25,928,700 25,932,400

123,944

123,994

431,715

21,565

21,565

124,731 71,398 37.465

4,531,135

5,232,710

5,931,100

6.283,935

6,384,666

6,421,275! 6,457,780 6,0(57.675

557,800 498,732

161,272

582,789

671.713

878,109 918,516 1,058,712

27,782! 57,484

23.810

23,798

23,181

20,489

31,090, 21,121

33,627,651 1 34,201,670
21,683,453 21,683,453

34,737,497
21,683,453

35,004,887
21,683,453

35,194,624
21,683,453

35,539,604 35,573,983
21,683,453 21,683.453

35,883,873
21,683,453

2,366,088 2,366,088

2,366,088

2,366,087

2,366,087

2,366,087, 2,366,087

2,366,087

125,000! 175,000

175,000

225,000

235,917

235,917 285,917

235,917

208,181 86,294

121,460

109,715

125,075

122,266

120,618 180,901

114,683

102,844

123,870

140,945

158,322

2 ?9,237

180,289

265,695

266,925

266,925

260,125

260,125

260,125

223.830

356,116

537,754

576,469

447,482

319.119

255,390

253,468

369", 736

8,608,435

8,993,312

9,424,232

9,772,080

10.046,525

10,337,180

10,690,610

10,867,540

34,627,651

34,201.670

34,737,497

35,004,887

35,194,624

35,539,604

35,573,983

35,883,873

General Balance Sheet (Allegheny Valley Railroad Co.}, December 31, 1891.

Co«t of Road

$21,683,452 77

Capital Stock ($50 share)

$2,166.500 00

Co^t of Rollin^ Stock

. 2,366.087 53

Funded Debt Outstanding

25,932,400 00

Stock and Bonds Owned

235,916 67

Bonds and Mortgages on Real Estate

37.464 74

Materials and Fuel on Hand

180,900 61

Current Accounts

1 058.712 30

180,239 2!i

Other Liabilities

21 1:'0 79

Cash on Hand
Profit and Loss . . ...

369,735 f4
10,867,540 51

Penn. RR. Co.— Coupons Purchased .

. . . 6,667,675 00

. .

4t3H 8851 879 83

T^fol T.iflKilitioc

«<** aa« 879 84

Annual meeting, first Monday in May, at Philadelphia, Pa.

Registrar of bonds, J. Willard Gribbs, office of the Pennsylvania RR. Co., 233 South 4th
St., Philadelphia.

Transfer of stock, office of President, 234 South 4th St., Philadelphia.

POOR'S MANUAL OF RAILROADS. 659

Directors (elected May 2, 1892).— George B. Roberts, Jolm P. Green, Henry D.
Welsh, R. D. Barclay, P. A. B. Wideuer, John B. Jackson.

W. H. BARNES, President Philadelphia, Pa.

Secretary- Stephen W. White Philadelphia, Pa. I Gen. Suptrintfndfnt -David McCargo Pittsburgh, Pa.

rrea*ui'er— Thomas R. Robinson Pittsburgh, Pa. | .-1 udUci-— Theodore F. Brown

PRINCIPAL OFFICE Pittsburgh, Pa;

ARKANSAS MIDLAND RAILROAD COMPANY.

T. «• i> j ( Helena, Ark., to Clarendon, Ark 50

1(1 : "/ Pine City. Ark., to Brinkley, Ark 24—74 miles.

Sidings, etc., 3.5 miles. Gauge, 4 ft. 84- in. Rail — iron, 35 and 40 ; steel (54 miles). 56 Ibs.

History. — The following is a complete history of this company :

The Arkansas >Iidland RR. Co. was chartered January 20, 1855 : charter amended January 9. 1857. Organ-
ization was effected, stock subscribed, surrey made from Helena to Little Rock, distance 102 miles. The break-
ing out of the Civil War stopped all efforts at construction. In 1871 the Arkansas Central Ry. Co. was chartered
under the General Laws of the State of Arkansas, to construct a mad from Helena to Little Rock, practically
over the same route covered by the charter of the Arkansas Midland. The Arkansas Central proceeded with its
construction, and opened the road in 1872 to Clarendon, 50 miles, as a narrow gauge road, the gauge being 3 ft. 6
in.; considerable grading and other work was done west of White River. A first mortgage was placed upon the
road, and bonds to the amount of $720.000 were issued, the Union Trust Co. of New York, as trustee : subse-
quently a second mortgage was placed on the road, and bonds to the amount of $480,000 were issued under the
second mortgage. In 1876 the road being in default in the payment of interest, bill was filed by the Union Trust
Co. in the U. S. Court to foreclose these mortgages ; a decree was rendered and the road sold July, 1877, and pur-
chased by Sidney H. Hornor. In 1879, S. H. Hornor, the purchaser, conveyed the property to the Arkansas Mid-
land RR." Co.. the corporation organized under the charter of January 20. 1855. which latter company took pos-
session of the road and has since operated it. In 1883 the gauge of the road was changed between Clarendon and
Helena to 3 ft. to form connection with the St. Louis, Arkansas and Texas RR. In 1887 the gauge was changed
10 The standard gauge of 4 ft. 8i in.: is now standard gauge, interchanging traffic with the St. LouTs Southwestern
at Clarendon, and with the St. Loui*. Iron Mt. and Southern, and Louisville, New Orleans and Texas, at Helena.
In August, 1891, the Arkansas Midland purchased the Brinkley, Helena and Indian Bay RR.. a narrow gauge
road extending from Pine City, a station on is line, to Brinkley, Ark., a distance of 24 miles : the road so purchas-
ing it proposes to change to a standard gauge, thereby forming from Helena a close connection at Brinkley with
the Little Rock and Memphis, and Black and White River Valley roads. In 1891. a first mortgage was placed
upon the property for $516,000, being $6.000 per mile on main line and branch. Central Trust Co. of New York.
Trustee. One hundred and thirty-three of the bonds were sold and proceeds used in the purchase of the B. H
& I. B. RR. and in purchasing and laying a 56 Ib. steel rail, standard section, on the main line. The mortgage
provides that the B. H. & I. B. is also to be laid with the same rail before any bonds can be issued on that line.
The road is also to be extended 12 miles south to Indian Bay.

Rolling' Stock, December 31, 1891. — Locomotive engines, 6. Cars — passenger, 4 ; bag-
gage, mail, and express, 2 ; freight (box, 46 ; platform, 25), 71 ; caboose, 2 ; other, 36 — total
cars, 115.

Operations for year ending December 31, 1891. — Train mileage — passenger, 45,360 ;
freight, 37,446 — total, 82.806 miles. Passenger and freight statistics not reported. Earn-
ugs— passenger, $24,692.78 ; freight. $65,825.52 ; mail, $'2,481.57 : express. $991.67 ; other.
$1,264 — total, $95,255.54. Operating expenses — transportation and maintenance of equip-
ment, $48,452.27 ; maintenance of way, etc., $1,150.48 ; general, $9.023.63— total, $58,626.-
38. Net earnings, $36,629.16. Payments : Interest on bonds, $3,990 ; on debt, fl,301.62— •
total, $5,291.62. Balance, surplus, $31,337,54.

Financial Statement, December 31, 1891.— Capital stock (par, $100), $1,500,000 ; funded
debt (1st mortgage 6 per cent. 20-year $1,000 coupon bonds, dated July 1, 1891, interest pay-
able January aud July ; authorized, $516,000) outstanding. $133.000 ; outstanding obligations
on purchase of B. H. & I. B. RR., $63,500 ; profit and loss, $70,087.45— total, $1,766,587.45.
Contra: Cost of road (in stock, $1.500,000 ; in cash, $57,000), $1,557,000 ; rolling stock, $82,-
685; real estate, etc.. $16.000; materials and fuel on hand, $2,500 ; cost of B. H. & I. B RR.,
$100,000; bills receivable and due from agents, $2,656.06; cash on hand, $5,746.39— total,
$1,766,587.45.

Annual meeting, second Monday in January, at Helena, Ark. Books close thirty days
before either annual meeting or dividend payments. Interest on bonds payable at the office
of the trustee, Central Trust Co., New York, X. Y. Dividends payable at Helena, Ark.

Directors. — Jno. J. Hornor, A. H. Johnson, S. H. Hornor. G. D. Jaquess, J. B. Johnson,
Leon Berton, N. Straub, R. A. Johnson, Samuel I. Clark, Helena, Ark.

JNO. J. HORNOR, President and General Manager Helena, Ark.

Vice- President— K. H. Johnson Helena. Ark.

Treasurer— ¥*. C. Hornor.

Secretary— S. H. Hornor Helena. Ark.

Auditor— G. T. Updegraff . .

PRINCIPAL OFFICE AND ADDRESS ....."...! .Helena, Ark.

660 POOR'S MANUAL OF KAILROADS.

ASPEN AND WESTERN RAILWAY COMPANY.

Line of Road. — Carbondale, Col., to Thompson Creek Mines 13 miles.

Sidings, 1 mile. Gauge, 3 ft. Rail (steel), 40 Ibs.

History.— Chartered June 17, 1886 ; road opened April 1, 1888.

Rolling- Stock, Operations, etc, — Not furnished.

Financial Statement.— Capital stock, $260,000 ; funded debt, $260,000— total, repre-
senting cost of road and equipment, $520,000.

Annual meeting, third Monday in June.

Directors. — Chester Qriswold, F. L. Lehmann, E. J. Berwind, Thomas E. H. Curtis,
New York, N. Y. ; Henry S. Grove, Philadelphia, Pa. ; E. M. Steck, Pueblo, Col.

CHESTER GRISWOLD, President New York, N. Y.

H. S. Grove, Vice- President Philadelphia, Pa.

Secretary— Thomas E. Curtis ' New York, N. Y. | Treasurer— F. L. Lehmann New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Aspen, Col .

ARCATA AND MAD RIVER RAILROAD COMPANY.

Line of Road. — Arcata, Cal., to North Fork, Cal 12 miles.

Sidings, 3 miles. Gauge, 3 ft. Rail (steel, 8 miles), 40 Ibs.

History. — Organized December 29, 1881 ; road opened December, 1883.

Rolling' Stock. — Locomotive engines, 4. Cars — passenger, 3; combination, 1 ; freight
(box, 2 ; flat, 163), 165 ; logging, 16— total, 189.

Operations for year ending December 31, 1890. — Train mileage not reported. Passengers
carried, 38,320. Tons freight moved, 9,002. Earnings— passenger, $20,531.40 ; freight,
$82,469.28 ; mail, $1,408.93 ; express, $144 ; other, $7,515.52— total, $112,409.63. Operating
expenses, $87,783.82. Net earnings, $24,625.81. Paid taxes, $1,101.24 ; dividends on stock.
$14,625.81 ; sinking fund, $10,000.

Financial Statement. — Capital stock, $187,740. Contra : Cost of road and equipment,
$181,746.89.

Annual meeting in January.

Directors. — Francis Korbel, Anton Korbel, Joseph Korbel, Anna Korbel, Theresa Kor-
bel, San Francisco, Cal.

FRANCIS KORBEL, President San Francisco, Cal.

Secretary— Joseph Korbel San Francisco, Cal. | Treasurer— Anton Korbel San Francisco, Cal.

PRINCIPAL OFFICE AND ADDRESS 823 Bryant Street, San Francisco, Cal.

Operating Office I Arcata, Humboldt Co., Cal.

ATLANTA AND FLORIDA RAILROAD COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused.}

Line of Road.— Atlanta, Ga., to Fort Valley, Ga 105 miles.

Sidings, etc., 4 miles. Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs.

History. — Chartered as Atlanta and Hawkinsville RR. Co. in July,1886, and name changed
in 1887. Road opened November 10, 1888. An extension from Fort Valley to Cordele, 43
miles, is projected. Receiver appointed early in 1892.

Rolling Stock, June 30, 1890. — Locomotive engines, 7. Cars — passenger, 2; baggage,
mail, and express, 3 ; freight (box, 150 ; platform, 64 ; caboose, 6), 220— total cars, 225. Of
this equipment 50 box cars are leased.

Operations for year ending June 30, 1890. — Train mileage — passenger, 76,650; freight,
153,300— total, 229,950 miles. Passengers carried, 46,632 ; carried one mile, 952,716 ; average
mile rate, 2.99 cents. Earnings— passenger, $28,529.61 ; freight, $72,732.06 ; nia*l, $4,275,-

POOB'S MANUAL OF RAILROADS. 661

65; express, $714.78; other, $437.57— total, $106,689.67. Operating expenses— transporta-
tion, $30,237.52 ; motive power and cars, $13,525.91 ; maintenance of way. etc., $21,511.76 ;
general, $23,803.84— total, $88,079.03. Net earnings (17.44 per cent,), $18,610.64. Pay-
ments not reported.

Financial Statement.— Capital stock (authorized, $2,880,000 ; par, $25), $1,115,000 ;
funded debt (first mortgage 6 per cent. 50-year gold bonds, due November 1, 1939, interest
payable May and November), authorized, $1,200,000, or at the rate of $8,000 per mile ; out-
standing, $840.000— total stock and bonds, $1,955,000. The bonds are for $1,000 each and
coupon, with the privilege of registration as to principal.

Annual meet'ng. second Tuesday in August, at Atlanta, Ga., books close thirty days
previously. Trustee of bonds, Central Trust Co., New York, N. Y. Interest payable at
National Park Bank. New York, X. Y., and at the company's office, Atlanta, Ga.

Directors (elected May 25, 1891).— I. Y. Sage, Henry Jackson, T. Cobb Jackson. Henry
Rothschild, McAllen B. Marsh, W. A. Heath, J. N. Moody, John Hightower, Jr., G. N. Taller,
E. S. McCundless, H. Mattison, W. T. Ashford.

R. H. PLANT, Receiver Atlanta, Ga.

I. Y. SAGE, President New York, N. Y.

McAllen B. Marsh, Vice-President Atlanta, Ga.

Treasurer— J. W. Rucker Atlanta, Ga. j Secretary— J. K. Brnner Atlanta, Ga-

Auditor— K. Phillips Atlanta, Ga.

PRINCIPAL OFFICE AND ADDBESS. . . Atlanta, Ga.

ATLANTIC AND DANVILLE RAILWAY COMPANY.

Main Line of Road, — Portsmouth, Va., to Danville, Va 203.5 miles.

James River Division : James River Junction to Clareinont, Va 51.0 miles.

Shoulder'* Hill Branch : Shoulder's Hill, Va., to West Norfolk, Va 11.0 miles.

Other Branches : Buffalo Springs, 4 ; Hitchcock's Mill, 6 ; Beamons, 3 ; Savidge's, 5 18.0 miles.
Trackage : Richmond & Danville RR. ; Jeffress Junction to Clarksville Junction. 1.5 miles.

Total length of all lines operated 285.0 miles.

3d rail, 4 m.; sidings. 21 miles. Gauge, 4 ft. 9 in. and 3 ft. Rail (steel), 35 and 56 Ibs.

History.— Chartered April 21, 1882. James River Division built 1883 to 1885. Main
line opened from Portsmouth and West Norfolk to Suffolk, December 16, 1887 ; to Franklin,
May 1, 1888 ; to Belfield, September 5, 1888 ; to Lawrenceville, August 15, 1889, and to Dan-
ville, February 15, 1890. An extension from Belfield to Hitchcock. 6 miles, was built in 1890.
The James River Division and Savidge's Branch are of 3 ft. gauge.

In January, 1891, judgment was obtained against the company for $362,839 money ad-
vanced, and Alfred P. Thorn and Charles H. Cromwell were appointed receivers.

Rolling: Stock. — Locomotive engines, 30. Cars— passenger, 29 ; baggage, mail, and ex-
press, 3 ; freight (box, 250 ; platform, 429 ; coal, 3), 682 ; caboose, 6 ; logging, 50— total
cars, 770. Of this equipment, 20 locomotives, 22 passenger. 2 baggage, etc., 235 box, 3t>0
platform. 6 caboose, and 50 logging cars were acquired through car irust.

Operations for year ending June 30, 1891. — Train mileage — passenger, 302,312 ; freight,
267,15-2 ; other, 291,062— total, 860,526 miles. Passengers carried, 178,845 ; carried one
mile, 3,226,109 ; average mile rate, 2.83 cents. Tons freight moved, 368.768 ; moved one
mile, 18,495.653 : average ton-mile rate, 1.95 cents.

Karuings.— Passenger S91.349 35

Freight 360.201 48

Mail and Express 24.098 23

Miscellaneous... . 22.61398

Total ($1 .748.29 per mile) $498.263 04

Expenses.— Transportation «254.?76 05

Maintenance of Equipment 103,338 52

Maintenance "Way and Buildings 128,284 93
General. .. . 50.910 91

Total ($1,885.30 per mile) $537,310 41

Loss from operation, $39.047.37.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $5,754,890 ; funded debt

(1st mortgage gold 6 per cent. 30 year $1,000 coupon bonds, due October 1, 1917, interest

662

POOR'S MANUAL OF RAILROADS.

April and October), $4,952,000 ; equipment trust obligations, $313,960.23 ; current liabilities,
$627,172.40— total liabilities, $11,648,02'2.63.

Detailed statement, of equipment trust obligations, June 30, 1891.

DEFERRED PAY-

Cash paid

MENTS, PRINCIPAL.

SERIES OR OTHHR DES-
IGNATION.

Date of Issue.

Term.

on deliv-
ery of
equip-
ment.

Equipment Covered.

Original
Amount.

Amount
Outstand-
ing.

Mo.

S

$

$

^ 2 locomotives, 100 flat cars, 4 pas-

B. 17— Cent. Car Tr. Co.

Jan. 1, 1889...

60

17,110

91,253 40

55,512 48

- sender cars, 1 combination car,

»

( 50 box cars.

25— Cent. Car Tr. Co. Mar. 1,1889.
2(i— Cent. Car Tr. Co. Mar. 1, 1889.

60
60

3,150

3,000

16,80000
16,000 20

10,780 00
10,266 78

1 locomotive, 3 passenger cars.
2 locomotives.

27— Cent. Car Tr. Co. June 1, 1889.

60

6.600

35,200 00

24,346 81

100 flat. cars.

31— Cent. Car Tr. Co.

Nov. 1, 1889.

60

16,600

88,533 60

68,613 54

( 5 locomotives*. 1 combination and
} 100 box cars.

a3— Cent. Car Tr. Co.

Jan. 1, 1890.

60

13,560

72,319 80

58,458 50

i 2 locomotives, 100 flat cars, 3 pas-
( senger cars, 2 combination cars.

38— Cent. Car Tr. Co.

Mar. 20, 1890.

18

5,000

18,00000

9,00000

1 float.

31— Amer.CarTr.Co.

Nov. 20, 1889.

16

2,000

8,00000

1,612 50

i 5 passenger and 1 combination
/ cars.

New York Equip. Co. . . j Feb. 1 , 1888.

60

6,200

41,333 40

17,222 25

50 box -cars.

New York Equip. Co.

Mar. 1, 1889.

60

5,000

26,666 40

16,888 72

* 2 locomotives. HO flat cars, 4 pas-
"| senger cars, 50 box cars.

B. 190— RR. Equip. Co..
Humphreys & Gayce. . .

May 15, 1890.
July 1, 1890.

60
12

8,320
1,375

44,373 00 39,196 15
4,12500 2,06250

4 locomotives, 50 log cars.
2 locomotives.

87,915

462,605 00

313,960 23

Annual meeting, second Thursday of December, at Portsmouth, Va. Stock transfer
books close fifteen days before annual meeting. Trustee of bonds and registrator of stock,
Mercantile Trust Co.. New York. Transfer agent, Ben. L. Fairchild. Voting power attaches
to stock after fifteen days' ownership. Listed on New York Stock Exchange, $3,352,000 1st
mortgage bonds.

Directors (elected December 11, 1890). — Nathan Bavar, P. J. Goodhart, Isaac L. Rice,
Jonas M. Libbey, New York, N. Y. ; J. E. D. Ryder, London, England ; R. M. Stuart Wort-
ley, R. C. Marshal], Portsmouth, Va.

ALFKED P. THOM, Receiver Portsmouth, Va.

R. M. STUART WORTLEY, President Portsmouth, Va.

General Manager— G. M. Hughes Portsmouth, Va. | Auditor— P. G. Chamberlain Portsmouth, Va.

PRINCIPAL OFFICE AND ADDRESS Portsmouth, Va.

Transfer Office 57 Broadway, New York, N. Y.

ATTICA AND FREEDOM RAILROAD COMPANY.

Line of Road.— Attica, N. Y., to Freedom, N. Y 33 miles.

Sidings, etc., 2.33 miles. Gauge, 3 ft. Rail, 30 Ibs. per yard.

History. — Reorganization of the Tonawanda Valley and Cuba RR. Co., whose road and
property were sold under foreclosure January 19, 1891. (See MANUAL for 1891.) That por-
tion of the line of the T. V. & C. RR. from Freedom to Cuba, 26.09 miles, is the property of
the bondholders' committee ; the new company acquiring only the line from Attica to Free-
dom, 33 miles. The plan of reorganization provides for the issue of new securities to be
distributed to the holders of the various classes of o d securities, in the following proportions,
viz.: Tonawanda Valley Ists receive nineteen thirty-sixths thereof; Tonawanda Valley Ex-
tensions Ists receive six thirty-sixths ; and T. V. & C. RR. Ists receive eleven thirty-sixths.

Rolling- Stock, June 30, 1891.— Locomotive engines, 2. Cars — passenger, 4 ; baggage,
etc., 2; freight (box, 3; platform, 1 ; coal, 1), 5— total, 11. Also 39 pairs of four-wheel
transfer truck?.

POOR'S MANUAL OF RAILROADS. 663

Operations for year ending June 30, 1891.— Train mileage, 18,900 miles. Passengers
carried, 10,700; carried one mile, 160,500; average mile rate, 2.34 cents. Tons freight
moved, 10,387. Earnings— passenger, $3,748.37 ; freight, $9,353.42 ; other, $454.01— total,
$13.5.~>5.80. Operating expenses — transportation, $600; maintenance of way, $1,494.83;
pay rolls. $10,011.76; maintenance of equipment, $1,702.82; general, $2,505.80— total,
$16,313.21. Deficit, $2,759.41. Borrowed by receiver, $2,900; deficit from last year, $6,-
4 -Ji 5. 72— balance due to receiver, $6,286.13.

Fiiancial Statement. — Not furnished.

Directors. — Henry A. Oakley, Richard B. Ferris, Sumner K. Stone, William Jay,
August Stein, Charles Wisner, Robert \V. Caudler, Egerton L. Winthrop, Jr., New York,
N. Y. : E. P. C. Lewis, Hoboken, N. J.

RICHARD B. FEKKIS, President 48 Wall St., New York, N. Y.

August Stein, Vice-President 60 Broadway, New York, N. Y.

•Sec. and Treas.— William Jay New York, X. Y. \ Superintendent— B. P. Humphrey .Attica, N. Y.

PRINCIPAL OFFICE AND ADDRESS 48 Wall St., New York City.

AUGUSTA AND SUMMERVILLE RAILROAD COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused.)

Line of Road. — At Augusta, Ga 2.5 miles.

Second track, 2.5 miles. Gauge, 4 ft. 8£ in. Rail, 56 to 65 Ibs.

History. — Chartered March 20, 1866 ; road opened January 9, 1868. This company con-
trols the freight tracks connecting the different railroads running into Augusta, and transfers
ft eight beUveen them under contract. It also furnishes switching facilities to a number of
manufacturing and commercial interests in or near Augusta. This company operated until
June. 1890, a street road of ten miles in Augusta, which it sold to the Augusta Ry. Co.

Income Account for year ending December 31, 1890. — Earnings — passenger, $25,514.91 ;
other, $76,999.35— total, $102,514.26. Expenses and taxes, $64,659.12. Net earnings,
$o?. >••>}. 14. Payments : Interest on bonds, $6,920 ; sinking fund and other charges,
$2S, 580. 13— total, $35,500.13. Balance, surplus, $2,355.01.

Financial Statement, December 31, 1890 —Capital stock, $200.000 ; funded debt (1st
mortgage 8 per cent, bonds, dated 1867, due October 1, 1892, authorized. $150,000 ; outstand-
ing, $3^,000 ; 1st mortgage 8 per cent, bonds, dated 1867, due October 1, 1895, authorized,
$150.000; outstanding, $48,500), $86,500; unfunded debt, $7,300 ; income balance, $2,355.01
—total, $296,155.01. Contra : Cost of road and equipment, $369,880.02.

Interest on bonds payable April and October, at the Fourth National Bank, New York,
N. Y. Dividends payable January and July, at Augusta, Ga.

Directors.— H. H. Hickman, Hamilton Wilkins, S. A. Heraphill, F. E. Fleming, Thomas
P. Branch. Au^u-ta, Ga.

CHARLES. H. PHIXIZY, President and Treasurer Augusta, Ga.

E. G. Mosher, Secretary and Gen. Superintendent Augusta, Ga.

PRINCIPAL OFFICE AND ADDRESS Augusta, Ga.

BEAR LAKE AND EASTERN RAILROAD COMPANY.

Main Line of Road.— Pierport, Mich., to Maple Grove, Mich 18 miles.

-Gauge, 3 ft. Rail (steel), 30 Ibs.

History.— Chartered January 14, 1882. Succeeded to rights of the Bear Lake Tram Ry.
•Co. Road opened as above in 1887.

664 POOR'S MANUAL OF RAILROADS.

Rolling1 Stock, December 31, 1891. — Locomotive engines, 3. Cars — passenger, 1 ; plat-
form, 57 ; other, 14— total, 72.

Operations for year ending December 31, 1891. — Train mileage, 7,250 miles. Tons
freight moved, 21,312. Earnings— passenger, $56.29 ; freight, $11,503.18— total, $11,559.42.
Operating expenses — transportation, $3,014.55 ; motive power and cars, $2,648.42 ; main-
tenance of way, etc., $2,401.50 ; general, $191.25— total, $8,255.72. Net earnings, $3,303.70.
Paid interest on bonds, $519.49. Balance, surplus, $2,784.21 ; surplus forward, $6,303.32—
total, $9,087.53.

Financial Statement, December 31, 1891.— Capital stock (par, $100), $104,664 ; funded
debt (2d mortgage 8 per cent. $500 coupon bonds, due September, 1890, interest March and
September), $3,589.94 ; bills payable, $1,747.62 ; current accounts, $4,871.37 ; profit and
loss, $9,087.53— total, $123,960.46. Contra: Cost of road, $93,744.74; rolling stock, $30,-
215.72— total, $123,960.46.

Annual meeting, April 1. Interest is payable at Grand Rapids, Mich. Trustee,
Harvey J. Hollister, Grand Rapids, Mich. Bonds carry voting power. Dividends are paid
February 1 each year, in Bear Lake, Mich.; six payments have been made to date.

Directors (elected February 1, 1891).— Geo. W. Hopkins, Ella S. Hopkins, M. E. Collins,
Bear Lake, Mich.; D. H. Hopkins, M. J. Hopkins, Dallas, Ark.

GEO. W. HOPKINS, President, Gen. Manager, and Auditor, Bear Lake, Mich.
Treasurer— Ella S. Hopkins Bear Lake, Mich. ,| Secretary— T) . H. Hopkins Dallas, Ark..

PRINCIPAL OFFICE AND ADDRESS Bear Lake, Mich.

BENNINGTON AND RUTLAND RAILWAY COMPANY.

Main Line of Road.— Rutland, Vt., to Bennington, Vt 57.06

North Bennington Branch : North Benuington to State Line, N. Y ...... 1.85 — 58.91 miles.

Sidings, 5.25 miles. Gauge, 4 ft. 8^ in. Rail, steel (58.91 miles), 60 Ibs.; iron, 56 Ibs.

History. — Organized in August, 1877, and on September 10, 1887, took over the Western
RR. of Vermont, which WHS sold under foreclosure. (See MANUAL, for 1888, page 4.)

Rolling Stock, December 31. 1891. — Locomotive engines, 12. Cars — passenger, 11 ;
baggage, mail, etc., 9 ; freight (box, 63 ; flat, 173 ; stock, 1 ; charcoal, 31), 268— total cars, 288.

Operations for year ending June 30, 1891. — Train mileage— passenger, 168,643 ; freight,
87,385 ; other, 40,725— total, 296,753 miles. Passengers carried, 188,851 ; carried one mile,
3,891,559 ; average mile rate, 2.63 cents. Tons freight moved, 158,657 ; moved one mile,
5,649,266 ; average ton-mile rate, 1.97 cents.

Earnings and expenses for year ending December 31, 1891 :

Earnings.— Passenger $116,108 80

Freight. 117,395 93

Mail and Express 14,019 72

Miscellaneous 1,175 50

Total ($4,221.69 per mile) $248,699 95

Expenses.— Transportation $86,398 14

Maintenance of Equipment 64,302 54

Roadway and Buildings 78,900 7 1

General . . 19,322 78

Total ($4,225.49 per mile) $248,924 17

Deficit, $224.22. Paid interest on bonds, $33,250. Total deficit, $33,474.22; surplus
forward, $35,468— net surplus, $21,993.78.

Financial Statement, December 31, 1891.— Capital stock (par, $50), $1,000,000 ; funded
debt, 1st mortgage 7 per cent. 20-year coupon bonds, $1,000 each, due November 1, 1897,
interest payable May and November, $475,000 ; current accounts, $42,617.26 — total, $1,519,-
611.04. Contra: Cost of road and equipment, $1,475,000; materials and fuel, $8,028.46;
current accounts, $11,183.84 ; cash, $25,398.74— total, $1,519,611.04.

Annual meeting, first Tuesday in July. Dividends payable at North Bennington, Vt. ;
total number paid to date, 8, aggregating $150,360. Trustee of bonds, Union Trust Co. of
New York, N. Y.

Directors (elected July, 1891).— J. G. McCullough, T. L. Park, North Bennington, Vt. r

POOR'S MANUAL OF RAILROADS. 665

F. B. Jennings, New York, X. Y. ; \V. S. Webb, Shelburne, Vt. ; M. S. Colburn, Man-
•chester, Vt.

J. G. McCuLT.Ouou, Prtxident North Bennington, Vt.

F. B. Jennings, Vire- President New York City, N. Y.

Treasurer—*. B. Hall N. Benningtoi:, Vr. ' Secretary -G. W. Harman Bennington, Vt.

. 1 >/'iitor—W. G. Shaw North Bennington, Vt.

PRINCIPAL OFFICE AND ADDRESS North Bennington, Vt.

BIRMINGHAM AND ATLANTIC RAILROAD COMPANY.

Main Line of Road.— Talladega, Ala., to Pell City, Ala 22.9

Branches : Cook J auction to Kitson, 8 ; Ragans to Ore Beds, 2 10.0—32.9 miles.

Sidings, 2 miles. Gauge, 4 ft. 81 in. Rail (steel, 32.9 miles), 56 Ibs.

History. — Organized in October, 1890, and purchased the road and property of the Talla-
dega and Coosa Valley RR. Co. (For history of this company see MANUAL for 1890, page
476.) The branch from Cook Junction to Kitson was built by the new company in 1890.

Rolling Stock, June 30, 1891.— Locomotive engines, 4. Cars— passenger, 3 ; freight
(box, 1 ; platform, 15 ; coal, 21 ; coke, 11), 48 ; service, 3— total cars, 54.

Operations for year ending June 30, 1891. — Train mileage — passenger, 25,439 ; freight,
30,167 — total, 55,606 miles. Passengers carried, 12,758; carried one mile, 191,370. Tons
freight moved, 48,200 ; moved one mile, 843,512. Earnings — passenger, $7.247.40 ; freight,
$36,476.92 ; mail, $705.79 ; expres.s, $268.04 ; other, $2,245.17— total, $46,943.32. Operat-
ing expenses — transportation, $16,306.48 ; maintenance of equipment, $3,865.77 ; of way and
structures, $4,708.53 ; general, $7,173.15— total, $32,053. 93. Net earnings, $14,889.39.
Paid interest on bonds, $18,000 ; taxes, $1,762.50— total, $19,762.50. Deficit, $4,873.11.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $1,000,000; funded
debt (1st mortgage 6 per cent. 30 year bonds due 1919, interest January and July),, $337,000 ;
certificates issued for construction, $63,000 ; current liabilities, $65,809— total, $1,465,809.
Contra : Cost of road and equipment, $1,420,088.82 ; securities owned, $100 ; cash and
-current accounts, $37,705.54 ; other assets, $3,041.53 ; profit and loss, $4,873.11 — total,
$1,465,809.

Annual meeting, third Tuesday in September.

Directors. — John Scott, Ernest Thalman, W. A. Underwood, New York, N. Y. ; D. M.
Rogers, W. H. Skaggs, Talladega, Ala. ; B. Steiner, Birmingham, Ala.

JOHN SCOTT, President New York, N. Y.

D. M. Rogers, Vice-Pres. and Gen. Manager Talladega, Ala.

.Secretary cfe Treat.— W. H. Skaggs Talladega, Ala. | Auditor— A.. F. Besson Talladega, Ala.

PRINCIPAL OFFICE AND ADDRESS Talladega, Ala.

BLACK HILLS AND FORT PIERRE RAILROAD COMPANY.

Main Line of Road. — Golden Gate, S. Dak., to Piedmont, S. Dak 37.94

Branches : Galena June, to end of track, 2.31 ; White Tail Crossing, 0.64. . 2.95—40.89 miles.
Sidings, etc., 6.7 miles. Gauge, 3 ft. Rail (steel, 39.84 miles), 40 Ibs.

History. — Chartered June 15. 1881 ; main line opened as above in May, 1890. Road
not reported during the months of February, March, April, and May.

Hulling Stock, June 30, 1891. — Locomotive engines, 4. Cars — passenger, 2 ; baggage,
mail, and express, 4 ; freight (box, 13 ; platform, 57 ; coal, 2), 72 — total cars, 78.

Operations for year ending June 30, 1891.— Train mileage— passenger, 23,790; freight,
32,850 — total, 56,640 miles. Passengers carried, 6,427 ; carried one mile, 171,400. Tons
freight moved, 74,827 ; moved one mile, 1,788,603. Earnings— passenger, $8,570; freight,
% 106,208.79 ; expres?, $895.97; other, $35/27— total, $115,710.07. Operating expenses—

666 POOR'S MANUAL OF RAILROADS.

transportation, $53,335.50 ; maintenance of equipment, $16,185.95 ; of way, etc., $39,657.64 ;
general, $3,635.31— total, $112,814.40. Net earnings, $2,895.67. Add interest and divi-
dends, $2,650.60— total income, $5,546.27. Payments : Taxes, $3.023.29 ; permanent im-
provements, $134,093.28— total, $137,116.57. Deficit, $131,570.30 ; deficit forward, $49,-
392.96— total, $180,963.26.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $500,000 ; bills payable,
$93,234.47; current accounts, $4,634.29; other liabilities, $373.18; profit and IOMS, $180,-
963.26— total, $779,205.20. Contra : Cost oJt road, $470,550.57 ; rolling stock, $79,324.58 ;
buildings, $18,266.14; current accounts, $211,063.91— total, $779,205.20.

Annual meeting in August, at Lead City, So. Dak.

Directors. — James B. Haggin, San Francisco, Cal.; Thomas J. Qrier, D. K. Dickenson,
Lead City, So. Dak.; G. C. Moody, Deadwood, So.|Dak. ; Richard Blackstone, Central City.
So. Dak.

JAMES B. HA.GGIN, President and Treasurer San Francisco, Cal.

See. <& Manager— Thomas J. Grier.Lead City, So. Dak. | G.Supt.&C.Eng.— Richard Blackstone. Lead City,S.D'k.

PRINCIPAL OFFICE AND ADDRESS Lead City, So. Dak.

BLOOMSBTJRG AND SULLIVAN RAILROAD COMPANY.

Line of Road. — Bloomsburg, Pa., to Jamison City, Pa 30 miles.

Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs.

History. — Road built in 1887 and 1888. No information in reference to the operations or
financial condition of this company is obtainable.

Rolling Stock. — Locomotive engines, 5. Cars — passenger, 6; baggage, etc., 2 ; other,
11— total curs, 19.

Directors.— C. R. Buckalew, S. Wigfall, W. R. Tubbs, William Neal, John K. Grotz,
II. J. Conner, Bloomsburg, Pa. ; Henry C. Gibson, J. Henry Kershaw, Philadelphia, Pa.

C. R. BUCKALEW, President Bloomsburg, Pa.

Samuel Wigfall, Vice- President Bloomsburg, Pa.

Treasurer— C. E. Waller Bloomsburg, Pa. | Secretary— K.. J. Conner Bloomsburg-, Pa

PRINCIPAL OFFICE AND ADDRESS Bloomsburg, Pa.

BLUE RIDGE AND ATLANTIC RAILROAD COMPANY.

Line of lload.— Cornelia, Ga., to Tallulah Falls, Ga 21 miles.

Sidings, 2,479 feet. Gauge, 4 ft. 9 in. Rail (iron), 45 Ibs.

History. — Chartered October 24, 1887, and purchased the northern section of the North-
eastern RR. of Georgia.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; baggage, mail, and
express, 2 ; freight (box, 3 ; flat, 3), 6 ; other, 5 — total cars, 15.

Operations for year ending June 39, 1891. — Train mileage — passenger, 14,288 ; mixed,
g 820 — total, 23,058 miles*. Passengers carried, 13,410 ; carried one mile, 283,410. Tons
freight moved, 8,744 ; moved one mile, 255,564. Earnings — passenger, $8,074.19 ; freight,
$8,139.15 ; mail and express, $2,015.34 ; other, $1,856.20— total, $20,084.88. Operating
expenses — transportation, $4,358.61 ; motive power, $1,376.13 ; maintenance of cars, $640.18 ;
of way, etc., $3,959.12— total, $10,334.04. Net earnings, $9,750.84. Paid interest on bonds,
$9,000. Surplus, $750.84.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $400,000. Funded debt
outstanding consists of $300,000 1st mortgage 6 per cent. 30-year $1,000 bonds, due January,
1919, interest payable January and July, at the office of the Central Trust Co., New York,
N. Y., authorized at the rate of $15,000 per mile. These bonds are secured by a first mort-
gage on the entire road.

Annual meeting, second Wednesday in January.

POOR'S MANUAL OF RAILROADS. 667

Directors. — Clarence D. Tourney, R. L. Harrison, W. E. Coffin, A. F. Babcock, E.
Summer-field, Harold F. James, New York, N. Y. ; W. B. Thomas, Tallulah Falls, Ga.

W. V. LAUHAINE, Receicer Tallulah Falls, Ga.

Clarence D. Tourney, President, Secretary, and Treat. . . .New York, N. Y.
PRINCIPAL OFFICE AND ADDRESS Tallulah Falls, Ga.

BRISTOL RAILROAD COMPANY.

Line of Road. — Bristol, Vt., to New Haven Junction, Vt 6.5 miles.

Gauge, 4 ft. 8i in. Rail (steel), 60 Ibs.

History.— Chartered 1882 ; road opened January 5, 1892.

Rolling1 Stock. — Locomotive engine, 1. Cars — combination, passenger, and baggage,
1 ; freight, 2.

Financial Statement.— Capital stock, $100,000; 6 per cent, bonds, due July 1, 1921,
|60,000— total stock and bonds, $160,000.

P. W. CLEMENT, President Rutland, Vt.

Treasurer— II. G. Smith Rutland, Vt. | Secretary— C. M. Wilds Middleburg. Vt.

PRINCIPAL OFFICE AND ADDRESS . . . . .Rutland, Vt.

BURLINGTON, CEDAR RAPIDS AND NORTHERN RAILWAY COMPANY.

Main Line of Road. — Burlington, la., to Albert Lea, Minn 253.21 miles.

Milwaukee Division : Linn Junction, la., to Postville, la. 94.13 miles.

Decorah Division : Postville Junction, la., to Decorah, la, 23.30 miles.

Muscatine Division : Muscatine, la., to Riverside, la. 80.58 miles.

Pacific Division : Vinton, la., to Holland, la 48. 12 miles.

Iowa Falls Division : Holl'd, la., to Watert'n, Dak., Sioux Falls & branches. . 434.59 miles.

Clinton Division : Clinton, la., to Iowa City, la 81 .94 miles.

Iowa City Division ; Iowa City, la., to What Cheer and Montezuma, la 73.02 miles.

Waverly Division : Waverly Junction, la., to Waverly, la 5.68 miles.

D. I. & D. Ry. : Bennett, la. to Davenport, la 31 .09 miles.

Trackage : Minneapolis and St. Louis Ry.: Hay field to Forest City 7.22 miles.

Total length of lines operated December 31, 1891 1,082.88 miles.

Total length of line owned absolutely 402.08 miles.

Sidings, etc., 139.12 miles. Guuge, 4 ft. 8£ in. Rail— iron, 50 to 56 ; steel, (1,003.10 m),
52 Ibs.

History. — This company was organized June 19. 1876, as successor to the Burlington,
Cedar Rapids and Minnesota RR. Co. Included in the main line are 11.39 miles from Manly
Junction to Northwood, leased from the Iowa Central Ry. Co.; also, 12.57 miles of the Min-
neapolis and St. Louis Ry., from Iowa line to Albert Lea, Minn., leased for 999 years on
guaranty of $150,000 7 per cent, bonds, due June 1, 1927. When the bonds are paid off,
that link becomes the property of this company.

The company nominally leases but actually owns the following named railroads, and
guarantees principal and interest of the bonds issued upon them (except the first named, on
which only the interest is guaranteed): Iowa City and Western Ry., Iowa City to What
Cheer and Montezuma, la., 73.02 miles ; Cedar Rapids, Iowa Falls and Northwestern Ry.,
Holland, la., to Watertown, So. Dak., 327.92 miles; Lake Park, Minn., to Worthington.
Minn., 17.71 miles ; Ellsworth, Minn., to Sioux Falls, Dak., 42.50 miles ; Dows to Hay-
field, la., 48.27 miles, and Trosky, Minn., to Quarry, Minn., 5.41 miles— a total of 434.59
miles ; Cedar Rapids and Clinton Ry., Iowa City to Clinton, la., 81.94 miles ; Chicago,
Decorah and Minnesota Ry., Postville Junction to Decorah, la., 23.30 miles. Total miles
leased, including Minneapolis and St. Louis Ry., leased section and trackage, 680.80 miles.

In the case of holders of bonds of the Burlington, Cedar Rapids and Minnesota Co., who
claimed the right to redeem the property and entered suit against this company in further-
ance of that claim, the United States Circuit Court rendered a decision on May, 1880, declar-

668 POOR'S MANUAL — BURLINGTON, CEDAR RAPIDS AND NORTHERN RY. co.

ing that the bonds were illegally issued. On July 26, 1887, this company entered into an
agreement with the Minneapolis and St. Louis Ry. Co. for the use of the latter's tracks from
Hayfield to Forest City, 7.22 miles, for a term of five years.

During the past year, this company purchased the Davenport, Iowa and Dakota ItR.,
extending from Bennett, la., to Davenport, la., on terms given in MANUAL for 1891.

Rolling Stock, December 31, 1891. — Locomotive engines, 115. Cars — passenger, 33 ;
chair, 4 ; directors', 2 ; pay, 1 ; mail and express, 8 ; combination, 17 ; baggage, 9 ; refrig-
erator, 45 ; way 62 ; freight (box, 3,507 ; flat and coal, 668 ; stock, 160 ; fast freight, 3 ;
furniture, 20), 4,358 — total cars, 4,529. Also 408 hand and rubble cars, 27 iron trucks and
velocipede cars, 14 snow ploughs, 4 flangers, 1 bridge building train, 1 wrecking train, 23
cinder, and 16 miscellaneous cars.

Operations for year ending December 31, 1891. — See tabulated statement below.

Earnings. -Passenger $798,707 88

Freight 2,928,62824

Mail and Express 154,803 20

Miscellaneous . . . 4,200 00

Expenses.--Maintenance of Way ......... $797,507 99

Motive Power and Cars ....... 918,891 36

Transportation ............... 665,930 49

Miscellaneous and Taxes ..... 231,313 63

Total (,§3,591-81 per mile) $3,886,339 32 Total ($2,415. 56 per mile) $2,613,643 47

Net earnings (32. 75 per cent.), $1,272,695.85. Add other income, $24,410.40 ; cash
assets in 1890, $328,896.28— total available revenue, $1,626,002.53. Payments : Interest on
bonds, $778,055 ; commissions, $2,582.50 ; improvement and equipment, $545,444.12 ;
additions to real estate, $90387; expenditures account leased lines, $57,244.18; personal
injury, $26,697.13— total, $1,410.926.80. Surplus, $215,075.73.

Statement of operations, etc., for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Miles Operated (Average) . .
Passenger Train Miles
Freight Train Miles

774.00
828,725
1,617,856
556,029
26,214,965
1,! 509,587
181,032,298

$

666,922
2,024,175
132,534

990.56
959,651
1,851,383
627,214
28,348,874
1.852,089
194,267,322

691,174
2,284,542
201,595

1,003.44
1.009,654
1,721,229
606,235
28,042,968
1,790,243
191,926,858

662,485
2,141,646
129,178

1,048.40
1,072,193
1,693,553
601,068
27,961,148
1,866,818
185;917,343

692,129
2,174,175
139,659

1,046.40
1,073,164
1,574,785
605,067
27,833,757
1,160,927
172,568.240
$
707,379
1,984,535
156,161

1,046.40
1,068,075
1,570.672
602,641
27.263,728
1,206,120
167,302,146
$
707,127
2,122,374
157,041

1.046.40
1,089,764
1,910,412
585.048
28,537,614
1.447,555
213,417,608
$
716,484
2,430,457
157,042

1,082.00
1,193,941
2,258,607
692,027
31,883,644
1,661,524
255,375,412

$
798,708
2,928,628
159,003

Passengers Carried.

Passenger Miles
Freight (tons) Moved *
Freight (ton) Miles *

Passenger Earning

Freight Earnings

Miscellaneous Receipts ....
Gross Earnings

2,823,631 3,177,311 2,933,309
1,944,940] 2,189,543 2,132,403

3,005,963
2,225,906

2,848,075
2,076,629

2,986,542
2,177,934

3,303,983
2,487,835

3,886.339
2,613,643

Operating Expenses

Net Earnings

878,691
573,663

987,768 800,906
742,275; 749,898

780,057
767,127

771,446
771,180

808,608
771,130

816,148 1,272,695
775,479 778,055

Interest on Bonds.

Surplus Revenue

305,028
3,648 10
2,512 84
1,135 26
68.88 p. c.
2.54 c.
1.12c.
$
5,500,000
14.630,000
226,847
2,656,044
1,021,438

245.493
3,207 59
2,210 41
99713
68.91 p. c.
2.44 c.
1.18 c.

5,500,000
14,630,000
226,926
2,656,044
1,422,836

51,008
2,823 20
2,052 36
77084
72. 70 p. c.
2.36 c.
1.12 c.

5,500,000
14,680,000
333,630
2,857,004
1,322,308

12,930
2,873 76
2,128 01
74575
74. 04 p. c.
2.47 c.
1.17c.

$

5,500,000
14,964,000
274,433
2,857,004
1,448,256

316
2,722 82
1,985 30
73752
72.91 p. c.
2.53 c.
1.15C.

5,5(0,000
14,964,000
292,679
2,991.139
1,345,767

37,478
2,854 86
2,082 15
77271
72.93 p. c.
2.59 C.
1.26C.

s

5,500,000
14.964,000
305,707
3,223.848
1,213,030

40,669
3.157 47
2,377 53
77994
75. 29 p. c.
2.51 c.
1.14c.
$
5,500,000
14,964,000
369,733
3,223,848
1,320,307

494,640
3,591 81
2,415 56
1,17625
67.25 p. c.
2.51 c.
1.15 C.

5,500,000
15,277,000
558,844

3,223,848

1.818,203

Gross Earnings per Mile. . .
Gross Expenses per Mile..
Net Earnings per Mile
Expenses to Earnings
Av. Rate per Pass, per Mile
Av. Rate perTon per Mile*

Capital Stock
Funded Debt
Bills and Accounts

Improvement Fund
Income Account

Total

24,034,329

22,438,497
84,634
434,784
573,663
240,586
89,271
172,894

24,435,806
22,673,474
137,775
456,422
742,275
154,219
93,736
177,905

21,692,942
23,261,820
48,648
228,965
749,898
103,665
232,409
67,537

25,048,693
23,320,037
85,487
330,978
767,127
143,817
249,257
146,990

25,093,585
23,427,127
185,436
274,368
774,073
161,585
187,992
83,004

25,206,585 25,377,888
23,613,923 23,727,440
98,876 115,592
188,906j 153,161
773,038 777,907
188,771 160,537
298,254 299,159
49,817| 144,092

26,352,385
24,177,276
545,444
192,847
730,638
206,865
310,840
138,475

Roads and Equipment
Improvements, etc

Other Investments
Interest Paid
Materials..
Accounts and Assets
Cash

Total . . .

24.034.329

24.435.806

24.692.942

25,043,693

25,093,585

25,206,585

25,377,888

26,352,385

Only paying freight is included in the above table.

POOR'S MANUAL — BURLINGTON, CEDAR RAPIDS AND NORTHERN RY. CO. 669

The company's report presents no regular Profit and Loss Account, the net earnings and
payments therefrom being credited or charged directly to General Balance Sheet.

General Balance Sheet, December 31, 1891.

Cost Road, etc., Oonsol. Co. Dec. 31, 1891.815,253,401 10
Cost Leased Lines to December 31, 1891 :

Iowa, C. & West. Ry $648.333 84

C. Rapids and Clinton —

Chic., Decorah and Minn.

C. R., la. Falls & X. W . .

Davenport, la. & Dak. Ky

1,283.615 79

382.935 61
6,279,104 SO

329,885 48— 8,923.874 98

Improvement and Equipment in 1891

Other Expenditures

Interest and Commissions Paid in 1891 . . ,

Railroad Bonds Owned, etc

Real Estate and (ieneral Office

Materials and Fuel ,

Sundry Assets and Accounts ,

Cash on Hand ... t

545.444 12
26,697 13
780,637 50
36,630 00
129.518 11
206,865 29
310.839 53
138.477 74

Capital Stock (authorized, $30,000,000) . . .

Funded Debt

Vouchers, Pay Rolls, and Other Accounts.
Bills Payable, Account New Equipment. .
Additions, Improvement, and Equipment.

Net Earnings' for Year

Lots Leased and Sold

Miscellaneous Receipt?

Balance Income Account. . .

$5,500,000 00
15,277,000 00

278.186 91
255.057 19

3.223.847 52

1,272,695 85

1,500 15

22,910 25

521.187 63

Total Assets $26,352,385 50 1 Total Liabilities.

Statement of funded debt, December 31, 1891 :

.826,352,385 50

DESCRIPTION,

Interest.

Date.

Due.

Amount.

1st Mortgage,

R

, C. R. &N. Ry....

5 p.

r

June

& Dec.

June ,

1876

June 1.

1906

Sfi.500 000

1st Mortgage.
1st Mortgage,
1st Mortgage,

M
I.

C.

. & St. L. RR., gold, guaranteed
C. & W. Ry., gold, interest guaranteed.
R., I. F. & N. W., gold, guaranteed.. .

7 p.

ft

c

c

e

June
May

April

& Dec.
& Sept.
& Oct.

June ,
Sept. ,
Oct. .

1877 June 1,
1879 Sept. 1,
1880 Oct. 1,

1927 150,000
1909 584.000
19201 825,000

let Mortgage, C. R., I. F. & N. W., gold, guaranteed 5 p.
Consolidated Mortgage B C. R & N Rv 5 p

c

r

April
April

& Oct. Oct. ,
& Oct i April 1

1881 Oct. 1,
1884! April 1

1921
19? 1

1,905,000
5 313 000

The 5 per cent. }»t mortgage bonds of the B., C. R. & N. Ky. are secured on 369.5 miles
of road, including the main line from Burlington to Plymouth Junction, 219.7 miles, the
Mus.-.atine division, the Milwaukee division, and 25 miles of the Pacific division, from Yinton
to Traer. From 1 to 5.000 are $1,000 bonds ; the balance $500 each. They are coupon bonds,
with privilege of registration. Redeemable by action of sinking fund of 1 per cent, per
annum in 1906. Farmers' Loan and Trust Co., New York, N. Y., trustee. Listed on New
York Exchange. Also quoted at London and Glasgow.

The Minneapolis and St. Louis bonds are secured on 12.57 miles from Albert Lea to Iowa
State Line. They are $500 each, numbered 1,101 to 1,400 inclusive, being part of an original
issue of $1,100,000 1st mortgage bonds of the M. & St. L. RR. — principal and interest guar-
anteed by the B., C. R. & Xo. Ry. Co. Trustee, Farmers' Loan and Trust Co., New York,
X. Y. (See history on page ). Listed on Xew York Exchange.

The 1., C. & W. 1st mortgage bonds are secured by mortgage on 73.02 miles, from Iowa
City to Montezuma and What Cheer. They are $1,000 gold coupon bonds. Trustee, Central
Trust Co., XTew York. X. Y. Listed on Xew York Exchange.

The C. R., I. F. & N. W. 6 per cent, bonds are mortgage on 55 miles of road, from Hol-
land to Clarion, la. They are $1,000 gold bonds, redeemable at 105 and accrued interest,
after September 30, 1890. Guaranteed principal and interest by the B. C. R. & X". Ry. Co.
Trustee, Central Tru^t Co., Xew York, X". Y. Listed on New York Exchange.

The C. R., I. F. & N. W. 5 per cent, bonds are mortgage on 441.81 miles, from Holland,
la., to Watertown, Dak., including branches. They are $1,000 gold bonds, and $825,000,
Nos. 1 to 82o, are reserved to retire the 6 per -cent. Authorized issue, $4,000,000, being at
the rate of $15,000 per mile. Trustee, Central Trust Co., Xew York, N. Y. Listed on Xew
York Exchange. (See below.)

The B., C. R. & N. consols are issued at the rate of $15,000 per mile of single track and
$7,500 additional per mile of double track, to build new roads, and are secured by 1st mort-
gage bonds of roads built as follows : $3,063,000 5 per cent, bonds C. R., I. F. & X. W. (in

670 POOR'S MANUAL OF RAILROADS.

addition to above $1,905,000); $1,200,000 Cedar Rapids and Clinton bonds, on 81.6 miles;
$348,000 Chicago, Decorah and Minnesota bonds, on 23.25 miles. The consols are intended
to retire all prior issues. They are $1,000 gold registered or coupon bonds. Principal of
coupon bonds may be registered or exchanged for $5,000 registered certificates. Trustee
of bonds, Central Trust Co., New York, N. Y. Listed on New York Exchange. Annual
meeting, last Tuesday in May. Stock ($5,500,000) listed on New York Exchange. Interest
on all issues of bonds payable at C'entral Trust Co., New York.

Directors.— Term expires in 1892 : J. C. Peasley, W. G. Purdy, Chicago, 111.; .T. W.
Blythe, Burlington, la.; W. H. Truesdale, Minneapolis, Minn. Term expires in 1893 : R. R.
Cable, Chicago, 111.; E. S. Bailey, Clinton, la.; C. P. Squires, Lyman Cook, Burlington, la.;
F. H. Griggs, Davenport, la. Term expires in 1894 : Thomas Hedge, Burlington, la.; George
W. Cable, Rock Island, 111.; J. Car.-vkaddan, Muscatine, la.; C. J. Ives, Cedar Rapids, la.

Executive Committee: J. W. Blythe, Burlington, la.; J. C. Peasley, R R. Cable, W. G.
Purdy, Chicago, 111.; C. J. Ives, Cedar Rapids, la.

C. J. IVES, President and General Superintendent Cedar Rapids, la.

Robert Williams, Vice- President Cedar Kapids, la.

Treasurer— H.. H. Hollister New York, N. Y. | Sec. cfe Asst. Treat.— S. S. Dorwart. . . Cedar Rapids, la.

Auditoi'—3. C. Broeksmit Cedar Rapids, la.

PRINCIPAL OFFICE AND ADDRESS Cedar Rapids, la.

Fiscal Agency in New York Central Trust Company.

CAMDEN AND ATLANTIC RAILROAD COMPANY,

Main Line of Road.— Camden, N. J., to Atlantic City, N. J 58.71 miles.

Electric Branch : Absecon Inlet to Seaview Excursion House, Atlantic City 3.16 miles.

So. Atlantic City B'ch : Jc. Elect. Bch., Seaview Excursion Ho., to Longport, N. J. 5.67 miles.

Chelsea Branch : Drawbridge, Atlantic City, to June, with S. A. City Branch 1.24 miles.

Philadelphia, Marlton and Medford RH. : Haddonfield, N. J., to Medford, N. J. 11.71 miles.

Vine Street Ferry 1.00 mile.

Kensington and New Jersey Ferry 1.00 mile.

Total length of lines operated December 31, 1891 82.49 miles.

2d track, 20.95 ; sidings owned, 21.83 ; private sidings, 3.95 m. Gauge, 4 ft. 8* in. Rail,
all tracks (steel, 99. 81) m.), 40 to 60 Ibs.

History. — Chartered March 19, 1852 ; main line opened July 4, 1854. The company
operates two ferries across the Delaware River (1 mile each), and an electric railroad at
Atlantic City, the mileage of which is included above. The South Atlantic Branch was
completed as above in 1891.

Rolling' Stock, December 31, 1891. — Locomotive engines, 20. Cars— passenger, 65 ;
parlor, 6 ; baggage, 11 ; street, 50 ; freight (box, 73 ; flat, 22 ; gondolas, 54), 149 ; service
cars, 59— total cars, 340.

The company owns 3 ferry-boats and operates one owned by the K. & N. J. Ferry Co.
The company also operates 21 street cars in connection with the Atlantic City street road.

Operations for year ending December 31, 1891. — Train mileage — not reported. Passen-
gers carried, 1,509,727 ; carried one mile, 27,467,343 ; average mile rate, 1.327 cents. Tons
freight moved, 249,504 ; moved one mile, 4,698,049 ; average ton-mile rate, 3.169 cents.

Earnings.— Passenger $562,840 01

Freight 148,90391

Mail and Express 58,52084

Rent 21,372 63

Miscellaneous 9,332 88

Total ($9,951.17 per mile RR.) §800,970 27

Expenses.— Transportation $303,477 73

Motive Power 156,095 76

Maintenance of Cars 58,737 93

Maintenance Way 118,630 33

General 12,312 21

Total ($8,060.27 per mile RR.) $649,253 96

Net earnings (18.94 per cent.), $151,716.31. Payments : Interest on bonds, $92,620 ; on

POOR'S MANUAL — GAMDEN AND ATLANTIC RR. CO.

671

mortgages and ground rents, f 4,327. 50 ; other interest, $13,499.84 ; Mays' Landing and Egg
Harbor City RR. coupons, $1,330 : Kensington and New Jersey Ferry, $5,240.84 : rental P.,
M. &M. RR., $5,537.06 : paid West Jersey RR. under contract, $3,916.34— total, $126,471.58.
Balance, surplus. $25,244.73. Surplus forward, $82,225 ; add sundry settlements of old
accounts, $2,176.43 — total, $109,646.17, from which deduct $39,200, amount charged off
account of depreciation in adjustment of accounts with Cooper's Point and Philadelphia
Ferry Co., leaving net surplus as per general balance sheet, $70,446.16.

Statement of earnings and expenses by subdivisions of the Camden and Atlantic RR. Co.
for year ending December 31, 1891 :

•

Main Line, including
Vine St. Ferry, Atlantic
Citv Horse Cars, and So.
Atlantic City Branch.

Philadelphia,
Marlton and
Medford RR.

Kensington and
New Jersey
Ferry.

Total.

Gross Earnings ....

738,578 13

32,991 11

29,401 03

S
300,97027

Operatin"1 Expenses

597,639 72

27,45405

24,16019

649,253 96

Net Earnings

140,938 41

5,53706

5,84084

151,716 31

General Balance Sheet, December 31, 1891.

Construction $2,315,859 95

Equipment of Road 374,336 69

Equipment of Express? 4,500 00

Equipm't, Atl. City St. Car; 91,895 54-$2,786,592 18

Real Estate 144,126 37

Stocks and Bonds Owned 277,239 00

Materials and Supplies 18,925 30

Due from Agents and Companies 40,136 08

May's Landing and Egg Harbor RR. Co. . . 100 00

Sea View Hotel Co 3,272 83

Cash on Hand. . . 29,120 75

Capital Stock ($50), Common... .§377,900

Capital Stock, Preferred 880,200— $1,258,150 00

Funded Debt 1,487,00000

Bonds and Mortgages 88,300 00

Dividend Scrip Outstanding 461 75

Interest and Vouchers Unpaid 80,518 46

Due Foreign Roads 38,394 14

Dividends Unpaid 1,242 00

Due Pennsylvania RR. Co 275,000 00

Profit and Loss 70,446 16

Total Assets $3,299,512 51 Total Liabilities. .

Statement of earnings, expenses, and dividends for nine years :

.$3,299,512 51

1883 1884 1885

1886

1887

1888

1889

1890

1891

Pass. Earnings. .
Freight Earnings
Miscellaneous.. .

$ $ $
371,199 372,303 398,416
144,975 135,954 113,397
51,656 48,437 49,534

423,979
119,779
55,333

$
493,580
127,567
57,497

490,937
136,663
68,528

529,156
132,103
75,885

557,519
157,729
84,243

562.840
148,904
89,226

Gross Earnings .
Oper. Expenses.

567,850 556,694 561,347
392,068 471,056 427,204

599,091
469,316

678.644
540,081

696,128
564,635

737,144
591,853

799,491
668,787

800,970
649,254

Net Earnings . . .
Dividends, Pref

175,782 85,638 134,143
(7) 61 432

129,775
(3) 26 391

138,563

(5) 43,988

131,493
(2i) 22 001

145,291
(3) 26 403

130,704

151,716

i

Funded debt ($1,487,000) consisted, December 31, 1891, of the following :

1st mortgage 7 per cent. 20-year gold bonds, due January 1, 1893, interest January and July $490,COO

2d mortgage 6 per cent. 25-year currency bonds, due October 1, 1900, interest April and October 497,000

Consolidated mortgage, 6 per cent. 20-year bonds, due July 1, 1912, interest January and July 350,000

Consolidated mortgage, 5 per cent. 20-year bonds, due July 1, 1912, interest January and July 150,000

The 1st mortgage was made in 1853, and extended in 1873 : the 2d in 1854 at 7 per cent.,
and extended in 1879 at 6 per cent. Interest payable at the Farmers' and Mechanics' Bank,
Philadelphia. Bonds are for $1,000 each, coupon or registered. Preferred stock is entitled
to 7 per cent, if earned, and to same rate as common if more than 7 per ceut. The Pennsyl-
vania RR. Co. owns $234,100 common and $451,950 preferred stock.

Annual meeting, fourth Thursday in February. Books do not close, but stock voted
must have been held 30 days previously. Stock and bonds listed on Philadelphia Stock
Exchange.

672 POOR'S MANUAL OF RAILROADS.

PHILADELPHIA, MABLTON AND MEDFOBD RAILROAD. -Haddonfield Junction,
N. J., to Medford, 11.71 miles ; sidings owned, O.Hfi mile : private sidings, 0.10 mile ; total track owned, 12.57
miles. Gauge, 4 ft. 8J in. Rail (steel, 7. HI miles'. 56 and 60 Ibs. Chartered January 7, 1880. Road opened October
11, 1831. Leased to the Camden and Atlantic RR. Co. for net earnings. Rental, year ending December 31, 1891r
$5,437.06. Paid interest on bonds, $4.780. Surplus, $fi57.06. Financial Statement, December 31, 1891.— Capital
stock, $102,900 ; funded debt. 1st mortgage 5 per cent. 30-year bonds, due July 1, 1911, interest January and July,
$100,000 ; unfunded debt, $2,621.22— total, $205,521.22. Contra : Cost of road, $169,983.73 ; other assets, $6,780.fiO ;.
profit and loss, $!K 806. 99— total, $205,521.22. The bonds are redeemable at the option of the company at any time
after July 1, 1896. Interest payable at company's office, Philadelphia, Pa. GKORGK B. ROBERTS. President, •
James R. McClure, Secretary ; John M. Wood, Treasurer, Philadelphia, Pa. GENERAL, OFFICE, Philadelphia,
Pa., and Camden, N. J.

• Board of Directors, C. and A. RR. Co., elected February 25, 1892.

William L. Elkin. .Philadelphia, Pa.
William C. Dayton. . .Camden, N. J.
George B. Roberts. Philadelphia, Pa.
Rich/d D. Barclay.

Thomas H. Dudley. . .Camden, N. J.
Jos. N. DuBarry. . .Philadelphia, Pa.
Win. C. Houston .. " "

Edmund E. Read, Sr.. Camden, N. J.

Henry D. Welsh. ..Philadelphia, Pa.

William Bettle Camden. N. J,

John B. Hay Malaga. N. J..

Enoch A. Doughty.. .Absecon, N. J.

Crawford Miller Camden, N. J.

GEORGE B. ROBERTS, President Philadelphia, Pa.

William J. Sewell, Vice- President Camden, N. J.

Secretary— James R. McClure Philadelphia, Pa. | Treasurer— Robert W. Smith Philadelphia, Pa.

PRINCIPAL, OFFICE AND ADDRESS Camden, N. J.

CAROLINA, KNOXVILLE AND WESTERN RAILWAY COMPANY,

(All information refused by the officials of this company.}

Line of Road Projected.— Augusta, Ga., to Knoxville, Tenn .' 282.0 miles.

Completed : Greenville, S. C., to near Marietta, S. C 13.5 miles.

Gauge, 4 ft. 9 in. Rail (steel), 60 Ibs.

History. — Consolidated with the Atlantic, Greenville and Western Ry. Co. Road com-
pleted as above, November, 1888. Graded from Augusta to Greenville, 115 miles, and partly
graded from end of track to Knoxville, Tenn. Work suspended owing to the failure of the
Georgia Construction and Investment Co., to whom contracts had been let for building the
entire line, and road placed in receivers' hands. Receivers subsequently discharged and road
restored to company.

Rolling1 Stock, June 30, 1890. Locomotive engine, 1. Cars— freight (box, 5 ; flat, 14), 19.

Operations for year ending June 30, 1891. — Train mileage, passenger and freight statis-
tics not reported. Earnings— passenger, $2,245.83 ; freight, $4,491.68— total, $6,737.51.
Operating expenses — maintenance of equipment, $1,075 ; transportation, $3,925 ; maintenance
of way, etc., $1,010— total, $6,010. Net earnings, $727.51.

Financial Statement, June 30, 1890 (latest furnished}. — Capital stock (authorized,
$7,000,000 ; par, $100), paid in, $301,400 ; funded debt (authorized, $7,000,000) 1st mortgage
6 per cent. 50-year $500 and $1,000 coupon bonds, due April, 1938, interest payable April and
October, issued at rate of $20,000 per mile, $200,000 ; subscription by township, $100, $500,
and $1,000 7 per cent, bonds, dated 1887, due 1907-11, interest payable in January, $101,400
—total, $602,800.

Annual meeting, first Tuesday in August, at Kuoxville, Tenn. Trustee of bouds>
American Loan and Trust Co., 113 Broadway, New York, N. Y.

Directors (elected August 5, 1890).— William Bailey, Joshua Bunn, New York, N. Y. ;
J. B. Humbert, Princeton, S. C. ; W. E. Jackson, Augusta, Ga. ; Frank Hammond, II. C.
Beattie, J. W. McCullough, H. J. Hayne.swith, Greenhill, S. C. ; W. J. Ready, Johnson,
S. C. ; J. P. Phillips, Ninety-Six, S. C. ; C. T. Luckey, Samuel McKiuney, M. L. Ross, Knox-
ville, Tenn.

WILLIAM BAILEY, President New York, N. Y.

J. B. Humbert, Vice-President Princeton, S. C.

Secretary— T. P. Wordlaw Augusta, Ga. | General Xiiiiennfwittiit - A. B. Byrd Greenville, S. C.

PRINCIPAL OFFICE AND* ADDRESS Knoxville, Tenn.

Transfer Office Greenville, S. C.

POOR'S MANUAL OF RAILROADS. 673

CARTHAGE RAILROAD COMPANY.

Line of Road. — Cameron, X. 0., to Carthage, X. C 10 miles.

Sidings, etc., 0.32 mile. Gauge, 4 ft. 9 in.

History.— Chartered April 29, 1886; road built during 1888. Formerly leased to the
Raleigh and Augusta Air Line RR. Co, and operated by that company until it was subleased
to \V. C. Petty, Manly, X. C., on June 1, 1890, for a term of 97 years, and is now operated by
him.

Operations for year ending June 30, 1891.— Train mileage (mixed), 12,480 miles. Pas-
sengers carried, 6,200. Tons freight moved, 7,214. Earnings— passenger, $2.535.37 ;
freight, $5,786.08; mail, $460.80; express, $32.93; other, $6.25— total, $8,821.43. Oper-
ating expenses, $6,478.13. Net earnings, $2,343.30. Payments : Rents, $1,440 ; taxes,

; equipment purchased, $6,800— total, $8,329.77. Deficit, $5,886.47.
Financial Statement. — Xot furnished.

Directors. — W. T. Jones, George C. Graves, James D. Mclver, L. P. Tyson, A. H. Mc-
Neill, C. J. Shaw, J. C. Black, Carthage, X. C.

J. C. BLACK. President Carthage, X. C.

/rv— W. J. Adams Carthage. N. < '. Txa-mrer—L. P. Tyson Carthage. N. C.

B0W—W. C. Petty Carthage, N. C.

PRINCIPAL OFFICE AND ADDRESS Carthage, X. C.

CENTRAL RAILROAD COMPANY OF NEW JERSEY.

(For map of this system, see page 675.)

Main Line of Road.— Jersey City, N. J.. to Phillipsburg, X. J ... 72.30
Central RR. branches and leased lines — see below .................... 132.41 — 204.71 miles.

New Jersey Southern RR. and branches ...................................... 182.22 miles.

Nfic York ami Long Branch RR ........................................... 38.04 miles.

Lehigh and Susquehanna RR. and branches .................................. 202.15 miles.

and Larkauanna RR. and branch ................................. 34.50 miles.

Total mileage operated — for details see statement following ............... 661.62 miles.

Second track on ;lines owned, 103.62 ; lines operated, 142,09), 245.71 miles ; third and fourth
tracks owned, 59.17 miles; tidings (owned, 204.20; operated, 198.82), 403.02 miles— total
length of tracks (owned, 697.15 ; operated. 672. 37), 1,369.52 miles. Gauge, 4 ft. 8£ in. Rail
— iron, 50 to 70 ; steel (owned, 540.73 ; operated, 564.77 miles), 56 to 80 Ibs.

History. — Consolidation, February 22, 1849, of the Elizabeth and Somerville and the
Somerville and Eastou RR. Cos., the former chartered February 9, 1831, and built the road
from Elizabethport to Somerville, 25 miles, completing it in March, 1839, and the latter char-
tered February 26, 1847, to build an extension of the Elizabeth and Somerville road from
Somerville to Eastou, 89 miles, about 10 miles of which extension were constructed when
the companies were consolidated. The road was completed from Elizabeth to Phillipsburg,
July 2, 1852, and was extended to Jersey City in 1864. (See MANUAL for 1888.)

In February. 1892. this company's lines were leased for 999 years from January 1, 1892,
to the Port Reading RR. Co., the lessee assuming all obligations and guaranteeing as rental
7 per cent, on stock and one-half of any surplus over that sum.

This company owns the entire stock of the Xew York and Long Branch and the Xew
Jersey Southern RR. Co.'s., and their bonds are included in its debt. A majority of the
stock and $11,500.000 of the L-t consolidated bonds of the Lehigh and Wilkesbarre Coa. Co's.
are also held by this company.

Rollins: Stock, December 31, 1891.— Locomotive engines, 408. Cars — passenger (1st
class. 316 ; 2d class. 13), 329 ; combination smoking, 75 ; smoking, 11 ; baggage, mail, etc.,
39 ; freight (refrigerator. 35 : tank. 32 ; box, 2,254; stock, 29 : gondola, 5,922 ; nut, 557 ; lime,
69 ; ore, 496 ; coal, 22,576 ; stone and ore, 254), 32,224 ; gravel dump, 361 ; caboose, 134 ; scale,
2 ; horse, 2 ; directors' 1 ; pavilion, 1: other, 85 ; snow plough, 1 — total cars, 33,265.
43

674

POOR S MANUAL — CENTRAL RR. CO. OF NEW JERSEY.

Statement showing the mileage of all railroads operated by the C. RR. of New Jersey on
December 31, 1891 :

DIVISIONS.

L'gth
of
Line.

2d
Track

Total
Track

i

DIVISIONS.

L'gth
of
Line.

M.

9.08
9 ^5

2d
Track

Total '
Track

Central EB. of N. J. IHv.

MAIN LINE.

Jersey City to Phillipsbur<r ....

M.

72 30

M.

7-> 30

M. \

\
322 04

New Jersey Southern Div.

BBAKCHES.

Eatontown to Port Monmouth Shore
Atsion to Atco

M.

M.

12.12
9.72

15.59

BRANCHES.

Communipaw to Newark
Lafayette to Griffin Iron Works

6.?2
0.31
1.68
1.23
1.95
12.18
1.31
1.82
1.25
5.51
3.02
'1.69
15.78
11.53
4.30

1.42

13.64
5.56

5.12
9.86
4.20

6.22

'12 is

"5 51

18.591
0.93
4.57

1.92
5.14
30.58
2.09

3.17

2.ir

13.49
21.65
2.97
19.52
14.92
11.80

1.63
17.56
7.90

7.28
14.30
6.96

531.12

LEASED.

Toms River and Waretown RR. . . .
Total N. J. South Div ...

14.71

182.22
22.88

7.48

221.60

Freehold and Atlantic Div.
Freehold and Atlantic Highlands...

New York and Long Branch Dir.
Perth Amboy to Bay Head

Albert Street to Mapes' Works
Ceutreville to Constable's Hook
Elizabethport to Perth Amboy
Extension to Bayway

31.15

38.04

38.04

100.66

Carteret to Staten Island Sound
Liebigs to Port Reading RR
Elizabethport to Brills
Elizabeth to Elizabethport Docks. .
Elizabeth to N. J. Jockey Club. . . .
Sotnerville to Flemington
High Bridge to German Valley
German Valley to Chester.
Chester Furnace to Hackelbarney
Mine

Lehigh and Susq. Div.

MAIN LINES.

Phillipsburg to Union Junction
East Allentown to Main Line
LTnion Junction to Minooka June. .
Minooka Junction to Scranton

Total L. & S. Main Line ....

105.33
2.69
9.66

4.85

122.53

0.26
0.50
0.82
0.94
10.54
10.10
2.58
0.45
17.12
1.95
3.95
3.07
3.12
16.66
7.56

212.15
29 66

79.69
2.69
9.66
1.59

IW.G3
. '.'.'.'.

268.03
9.73
19.32
12.35

309.43

0.26

0.79
2.57
1.28
14.01
13.60
3.90
0.69
37.68
2.52
4.3fj
3.45
6.05
30.10
14.93

445.62

34.21
5.07

German Valley to Port Gram
Hopatcong June, to Nolan's Point.

LEASED.

Dover and Rockaway RR
Ogden Mine RR
Hibemia Mine RR

BRANCHES.

Bethlehem June, to So. Bethlehem.
Main Line June, to Quarries .

Stemton to Hokendauqua
Main Line to Allen Cement Works.
Drif ton Junction to Drifton
Upper Lehigh Jc. to Upper Lehigh.
POud Creek June, to Sandy Run. . .
Pond Creek June, to Zehner
Ashley to Collieries
Lee Mine Station to Nanticoke . .
Miner's Mills to Empire Breaker
Union Junction to Everhart
Solomon's Gap to Ashlev.

Total, Central RR. Div

New Jersey Southern Division.

MAIN LINES.

Sandy Hook to Long Branch
Long Branch to West End

181.83

96.16

10.56
1 55

6.40

i

21.56
2.01
69.93
8.50,
55.41
1.19
25.66

2.49
7.93

104.05

Nesquehoning June, to Tamanend.
Silver Brook to Audenreid

Total, L. & S. Proper
Lehiqh and Lackawanna RR.
Bethlehem to Bangor . . .

Long Branch to Atsion. . .
Manchester to Toms River

59.22

1.08

46.82
1.03
22.43

Greenwich to Cohansey Creek. . . .
Bridgeton Junction to Long Reach.

Total, N. J. So. Div. .Main Lines.

Wind Gap to Saylorsburg

4.84

Total, L. & S. Division

149.18

r.4h

184.26

23(5.05

104.05

484.90

RECAPITULATION.

DIVISIONS.

Length of
Line.

2d
Track.

3d
Track.

4th
Track.

Sidings.

Total
Track.

Steel
Rails.

Iron
Rails.

Central RR. of N. J. Div. . .
New Jersey Southern Div. .
Freehold and Atlantic Div.
N. Y. and Long Branch Div.

M.

181.83
182.22
22.88
38.04
236 65

M.

96.16
7.46

'38!64
104 05

M.
30.24

M.

28.93

M.

193.96
32.01
8.27
24.58
144 20

M.

531.12
221.69
31.15
100.66
484 90

M.

421.14
140.72
26.35
79.17
438 12

M.

109.98
80.97
•4.80

21.49
46 78 "

Grand Totals.

661.62

245.71

30.24

28.93

403.02

1,369 52

1 105 50

264 02

Floating Equipment. — Steamboats, 3; ferry-boats, 5; tug-boats, 5; car floats, 16 ; steam
collier, 1.

Operations for year ending December 31, 1891 (N. Y. & L. B. RR. included).— Train
mileage— passenger, 8,553,621 ; freight, 2,492,234 ; coal, 2,439,794— total, 8,485,649 miles.
Passengers carried, 14,827,506 ; carried one mile, 182,033,969 ; average mile rate, 1.73 cents.
Tons freight moved (including bituminous coal), 6,627,358; moved one mile, 361,247,639:
average ton-mile rate, 1.14 cents. Tons coal moved, 7,512,544 ; moved one mile, 688,193,670;
average ton-mile rate, 1.02 cents

's ^p «"^

y,MAP OF THE

CENTRAL RAILROAD

OF

Fairlee Chestertown j

NEAV JERSEY

AND ITS
CONNECTIONS

675

676

POOR S MANUAL — CENTRAL RR. CO. OF NEW JERSEY.

Earnings.— Passenger

Freight

Coal

Mail and Express . .

Miscellaneous

N. Y. & L. B. RK..

$2,91 1,003 01

3,995,208 82

7,004,144 5)1

231.772 49

59,637 63

451,919 94

Expenses.— Transportation 82.7-1:

Motive Power 2,410,39611

Maintenance of Cars 97'8,238 07'

Maintenance of Way 1.206.114 00

General and Taxes : . ', fi'.i.s:}:', <;:i

N. Y. & L. B. RR. . . 1U5.218 65

Total ($22,148.19 per mile) $14,653.686 80 Total ($12,8(56.80 per mile) $8,52f,

Net earnings (41.82 per cent.), $6,127,518.53 ; add income from investments, $844,628.03;
other receipts, $52,648.28 — total, $7,024,794.84. Charges against income : Accrued interest,
on bonds, $2,739,579.11 ; lease rentals, $1,897,770.50 ; dividends, (March, H per cent.; June,
Sept., and Dec., 1:| per cent, each), $1,455,430.50— total, $6,092,780.11. Surplus, $932,014.73.

General Balance Sheet, December 31, 1891.

Railroad and Appurtenances $33,708.400 91

Oilier Property and Real Estate 3,583,917' 67

Cost of Equipment, less Depreciation. .. 12,863.888 52

Stock* of Other Companies Owned '. . 5,689.237 92

Bonds of Other Companies Owned 14,096.71374

Cash on Hand , 913.684 03

Due from Companies, Individuals, etc. . . . 1.553.424 78

Bills Receivable and Other Debts 2.579.250 05

Materials and Supplies 5fi5.22< ' 4 1

Total Assets $75,553.7 ^ lit)

Capital Stock (S30.000.000 authorized).... $23,418,000 00

Funded Debt Outstanding 45,17;.

Central RR. of N. J. Car Trust. ls<»2 103,(>(Ni ('0

Current Liabilities and Balances 1,318.321 41

Interest and Rentals Due 9(i:.

Other Indebtedness and Accrued Charges. 1,451.122 52,

Contingent Fund 598.47747

Profit and Loss 3. 532,457 15

Total Liabilities..

875,553,738 66

During the past year the share capital increased $3,782,800, of which $3,727,800 was
issued to provide for extraordinary expenditures during the past three years, and the halance
in exchange for an equal amount of convertible debenture bonds.

Statement of funded debt and accrued charges for interest and rental during 1891 :

INDEBTEDNESS.

DESCRIPTION.

Due.

Interest.

Outstanding,
Dec. 31, 1891.

Accrued
Charges for 1891

Bondf.
Adjustment Mortgage

Called

Int. ceased.

$10,000 00

First Mortgage

Feb 1 1890

Int ceased

4,000 00

Lehigh Coal and Navigation Gold Loan

Dec. 15, 1897
July 1 1899

6 p. c. J. & D.
7 p c J \ J & O

2,310.000 00
3 *3t> 000 00

§138.600 00

268 ;

Long Branch and Sea Shore First Mortgage . .
New Jersey Southern Mortgage
Bonds (secured by Consolidated Mortgage). . .
Convertible Debentures

Dec. 1, 1899
July 15, 1899
Nov. 1, 1902
May 1, 1908

7 p. c. J. & D.
6 p. c. J. & J.
? p. c. M. & N.
6 p. c. M. & N.

197.000 00
411. 000 00
1,167.000 00
550.000 00

13.7 '.MI 01
24.B60 00
SI. 1)90 00
34,625 00

New York and Long Branch First Mortgage . .

Genera, Mortgage [^-"'•^SS:-
Real E*tate Bonds and Mortgages . . .

Dec. 1, 1981
July 1,1987-)
Sundry Dates

5 p. c. J. & D.
5p.c.J.A.J.&O.
5 )). c. J. & D.
5 p c J. & J.

1,500.000 00
| 34.%0.000 00
232.822 11

75,000 00
1,748,000 00

10.655 14

Car Triixt*.
Guarantee Car Trust ....

May 1 1891

H p. c.. .

Settled.

1.253 34

Central RR of N J Car Trust

April 1 1892

6 p c

103,000 00

8,530 01

('-iiaranteedby C. nil. of N. J.
American Dock and Improvement Company i
($4,987,000) 1st Mortgage Bonds \

Intercut atid Discount.

July 1, 1921

5 p. C. J. & J.

249.350 00

Total Funded Debt and Interest. . .

$45,280,822 1)

$2, 739.579 11

Dover and Rockaway RR

Ogden Mine RR

Tome River and Ware town RR.
Lehigh and Susquehanna RR . .

Hibernia Mine RR

Wilkesbarre and Scranton RR..
Allentown Terminal RR

Total Lease Rentals

Total Accrued Charges for 1891 $4.637.349 '

The general mortgage bonds were issued under the plan of reorganization ; auth
amount, $50,000,000 ; coupon bonds, $1,000 each, exchangeable for registered bonds of $1,000,

POOR'S MANUAL — CENTRAL RR. CO. OF NEW JERSEY SYSTEM. 677

$5,000, $10,000. and $50,000 each. Trustee, Central Trust Co., New York. (See MANUAL

-S page 127, and MANUAL for 1887, page 1025.) Of the unissued balance of $15,040,-

000 the truHtee holds sufficient to .over the following : first mortgage bonds, 1890, matured,

$4,000; Lehigh Coal and Navigation bonds, 18U7. $2,310,000; consolidated mortgage bonds,

1899, $3,836,000 ; hong Brunch and Sea Shore bonds, 1899, $197,000 ; New Jersey So. bonds,

<411.000 ; bonds (under consolidated mortgage). 1902, $1,167,000; debenture bonds,

1908. $550,000 ; car trust obligations, 1892, $103,000 ; adjustment bonds, 1903, called for

payment. *10.<)IK) ; South Branch RR. stuck, called for payment, *100— total reserved. $8,-

1 0, leaving a balance available for other purposes of $6.451.900.

Annual meeting, Fiiday next preceding second Monday in May.

RAILROADS LEASED on CONTROLLED BY THE CEXTKAL 1IR. Co. OF NEW JERSEY.

ALLENTOWN TERMINAL RAILROAD.— East Allentown to Main Line (C. of N. -J
miles. Set-oiid track. 2.6'.» : sidings, 4. 15 Bailee, (-iauirt-. 4 fr. s.; in. Organized August 17, 1888 : road opened
March 17. 1>90. Leased for if'.rt) years to the Philadelphia and nemHng and Central RR. Co. of New Jersey by
assiijnment from Lehigh Coal and Navigation Co.l at a rental equal to interest on bonds :uid 5 per cent, on -rock.

/a' nt. June 3o, 1S91.-- Capital flock (part. $450.000 : funded debt (1st mortgage 4 per cent
.:ue July 1, 191'.*. interest January and July, at New York. N. Y.». S45n.'nwi ; current liabilities, $60,-
erued interest on bonds and dividends not yet payable. $9.000— total. $%!).*« 4. '.»?. <'nt,tr<i : fn-t of road,
;-h and Current assets, $10,402.90— total. lMi9.804.97. Interest and principal of bonds guaranteed by
the Philadelphia and ReiKlinir. and the Lehigh Coal and Navigation Co. J. S. HAHI:I<. f'rtxi'l'iit : S. Shepherd,
tn.irtr. Philadelphia. Pa.' GENERAL OFFICE. 220 South Third St.. Philadelphia. Pa.

DOVER AND ROCKAWAY RAILROAD.— Port Oram, N. J., to Rockaway. N. J., 5.12 miles.
Sidings. 2.16 miles. Steel rails. 4.7D miles. Opened in 1881 as a continuation of High Bridge KR. Capital stock,
Bonded debt. (26,000. Leased to Central RR. Co. of N. J.. for 999 years, at an animal rental equal to 6
per cent on its capital stock. GEORGE RICHARDS, Pi^sldent, Dover. N. J.

HIBERNIA MINE RAILROAD.— Rockaway OI. A: E. RR.). N. J. to Hibernia Mine. N. J.. 4.20
miles. Sidinsrs. 2.76 miles. Gauge. 4 ft. Si in. Rail (steel. 2.65 miles ». 50 Ibs. Leased October 1, 1890, to the
Central RR. Co. of New Jersey. Dividends, paid in 1891— February, 5 per cent.: April. 2i per cent.: April and
October. 3 per cent, each-total. 13i per cent.. §27.000. Capital stock. $200.000.

LEHIGKH AND SUSQUEHANNA RAILROAD (THE LEHIGH COAX AND NAVIGATION Co.).—

The main line of this road runs from Phillipsburg. N. J.. to Union Junction, Pa.. 105.33 miles. Branches— y?s-

tO]>ec, Upper Lehigh Junction to Upper Lehigh, 10.10 : yuiifirnkt. Ashley to Collieries. 17.12 : ])rn'lf_n\, Drifton

Junction to Drifron. 10.54 ; Axliley Plant*. Solomon's Gap to Ashley, 3.12": L(e, Lee Station to Nanticoke. 1.95 ;

• -A'. Pond Creek Junction 10 Zehuer. 0.45 : >'.///</// Jt>/n, Pond Creek Junction to Sandy Run. 2.58: 3~ortJi

ania Conn- ction, Bethlehem Junction to Sonth Bethlehem. 0.2H : 1'iirfrtn, Main Line'junction to Quar-

: i »]>ini/. Stemton to llokendauqua, 0.82 : Allen ('• n^nt. Main Line to Allen Cement Works. 0.94 : Canal,

Miners" MiUs to Empire Breaker. 3 95 : Ererlmrt. Union Junction to Everhart. 3.07— total. 55.40 miles. Leased

\Ja&&—Nefgmh<ming V"ll*>i nil.. 16.66 ; Trwkov: .#7?.. 7.56 ; ffMtotem <D»I S'-nn.fm, RIJ.. 4.85— total. 2S.n9

miles. Total owned'and leased. 188. S2 miles. The company also operates, jointly with the Delaware and Hudson

Canal Co., the Union RR.. from Union Junction to Minooka Junction. 9.66 miles. 2d track. 82.18 : sicii .

60 miles. Gauge, 4 ft. ^ in. Rail (steel. 370.42 m.i. 00. G2A. and 65 Ibe.

These roads are the property of the Lehigh Coal and Navigation Co., chartered February 13. 1822. In l-*27
this company built the Manch Chunk (gravity* RR.. and in 1831 the gravity road to the Room Run Mine. The
Lehigh and Susquehanna was commenced in 1837. and opened from White Haven to Wilkesbarre in 1^41. The
first anthracite coal, the product of this company's mines. 305 tons, was sent to market in 1S20. The extension to
Phillipsburg was completed in August. 1868. The railroad was leased for 999 years from March 31. 1871. to the
Central RR. Co. of New Jersey, at an annual rental of 33g per cent, of the gross 'receipts.

On May 29. 1**3. the lease was modified and the roads transferred to the Philadelphia and Reading RR. Co.,
and were operated by that company till January 1. 1S87. On the latter date the roads were restored to the Central
of New Jersey, and a new agreement made by which the lessee acknowledged the obligation imposed by the con-
March 31. 1871. and May 29. 1S83. and further asrreed to deposit an equal amount of its new general mort-
gage bonds for the better security of the $2.310,000 gold loan of this company guaranteed by the Central. The
Central Co. further agreed to lease the Wilkesbarre and Scranton Ry. 'then building from Scranton to a connec-
tion with the Delaware and Hudson at Minooka Junction), at an annual rental of tt per cent, on its cost, free of
all charges. (For statements of income account, general balance Alltel, etc.. see GENERAL INDEX.)

MAUCH CHUNK, SUMMIT HILL AND SWITCH BACK RAILROAD. -Mauch Chunk,
Pa., to Summit Hill. Pa.. 9 miles. This srravity road was built in 1S26 for the transportation of coal from Sum-
mit Hill to the Lehigh River at Manch Chunk. The empty cars were hauled back by mules, brought down in a
car for that purpose with the coal. For the return of the empty cars there were built 'in 1844 two inclined planes
—Mr. PNgah. 2.322 feet long and 900 feet rise above Mauch Cluink, and Mt. Jefferson. 2.070 feet long and 4*52 feet
rise— making an entire circuit of 18 miles. It was abandoned for transportation of coal in 1870, and has since
been operated exclusively as a pleasure road. It is leased from the owners, the Central RR. Co. of Neu
by T. L. and H. J. Mumford. of Mauch Chunk, and is operated from May 15 to November 1 each year. Equip-
ment : 18 eight-wheeled passenger cars. 7 four-wheeled passenger cars. 4 eight-wheeled coal cars. 1 tight-wheeled
flat car, 1 eight-wheeled water car. and 3 four-wheeled wreck cars. Earnings, year ending January 31. 1892. $23.-
7K2.13 : expenses and taxes. §1(3.347.38— net earnings, $7,414.75. T. L. MOIFOKD. Munar/^r. Mauch Chunk. Pa.

NESQUEHONING- VALLEY RAILROAD.— Nesqnehoning Junction to Tamanend. Pa., 16.66.

Tunnel Branch : Hauto and Lansford. 1.12 miles— total length. 17.78 miles. Second track, 7.93 : sidii g

miles. Opened in 1870. Leased November 4, 1868, to Lehigh Coal and Navigation Co. for 999 years. The main

line of the road is included in the lease of the L. & S. RR., made March 31, 1S71. to the Central" RR. Co. of New-

Jersey , and i? now operated by that company. Rental under the lease was ten pei- cent, on the capital ?-tock, the

iving the right to commute the rental by the purchase, at par and accrued interest, of the share capital

r the lessor company. On the 24th of June, 1879. when about to exercise this ritrht, a snpplementary agreement

was entered into, whereby the lessee agreed to suspend such option until the 1st of September. 1884. tne rental

during that period being reduced to 7 per cent. On the 29th of February. 1884. a second agreement was made by

which the lessee's option was further suspended for a period of 20 Vears from September." 1, 1884. the rental dur-

% that time to be guaranteed at the rate of 5 per cent, per annum, free of all taxes. Rent and taxes for the vear

»1. $70,441.15. Dividends March and September, at 226 South Third Street, Philadelphia, Pa. Capital stock,

078 POOR'S MANUAL OF RAILROADS.

$1,418,600. Cost of road, etc., $1,418,756.35. J. W. WOOI.STON. President; C. F. Howell. Secretary and Treas-
urer, Philadelphia, Pa.

NEW YORK AND LONG BRANCH RAILROAD. -Perth Amboy to Bay Head, N. J., 38.04
miles. Second track, 38.04 ; sidings, 24.58. Steel mils, 79.17 miles. Consolidation, December 21, 1881, of the
New York and Long Branch, the New Egypt and Farmingdale, the Long Branch and Sea Girt, the N. Y. and
Long Branch Extension, and the Long Branch and Barnegat Bay RRs. Road leased to Central RR. Co. of New
Jersey. On the 2d of January, 1888, the Central RR. Co., of New Jersey and the Pennsylvania RR. Co. took a
joint lease of this road for 99 years ; rental, interest on bonds, 7 per cent, on stock, and $6,000 for organization.
Dividends are paid monthly. The road is operated under independent management, but earnings are not kept
separate. Capital stock, $£,000,000 ; funded debt (1st mortgage 5 per cent. 49-year bonds, due December 31, 1931,
interest June and December), $1.600,000 : unfunded debt, $66,019.72— total, representing cost of road, etc., $3,-
566,019.72. GEO. F. BAKKK, President; Samuel Knox, Secretary: J.W.Watson, Treasurer; S. M. Williams,
Controller, 119 Liberty St., New York City ; Rufus Blodgett, Superintendent, Long Branch, N. J.

OG-DEN MINE RAILROAD.— Nolan's Point to Sparta, N. J., 9.86 miles. Sidings. 4.44 m. Steel
rail, 9.70 miles. Leased to the Central RR. of N. J. for 999 years from January 1, 1882, at a rental equivalent to 5
per cent, on the stock. Capital stock, $450,000. Contra : Cost of road and equipment, $452,993.92. GEORGE
RICHAIIDS, President, Dover. N. J.; H. H. Wilson, Treasurer and Secretary, Philadelphia, Pa.

TRESCKOW RAILROAD.— Silverbrook to Audenreid, Pa., 7.56 miles. Sidings. 7.37 miles. Opened
in 1872. Leased to Lehigh Coal and Navigation Co., and included in the lease of the L. &. S. RR., made March
31, 1871, to the Central RR. Co. of New Jersey, and is now operated by that company. Capital stock (par, $50),
$130,000, and floating debt, $141,570.87— total, representing cost of road, etc., $271,570.87. J. S. HAIUUS. I'r<-xi-
dent, Philadelphia, Pa.; S. Shepherd, Secretary and Treasurer, Philadelphia, Pa.

WILKESBARRE AND SCRANTON RAIL, WAY. -Scran ton to Minooka Junction, Pa., 4.85
miles. Second track, 1.59 ; sidings. 5.91 miles. Gauge, 4 ft. 8^- in. Rail (steel), 70 Ibs. Chartered in 1886 to
build a railroad from Scranton to Pittston ; road opened as above May 1. 1888. Leased from date of opening to
the Lehigh Coal and Navigation Company for 5 per cent, dividends on stock and 4£ per cent, interest on first
mortgage bonds. The lease was on the same day assigned to the Central RR. Co. of New Jersey at a rental equal
to 6 per cent, on the cost of the road. Capital stock (par, $50). $500,000 ; funded debt, first mortgage, 4£ per cent.
50-year bonds, dated May 1, 1880, interest payable May and September, $500,000— total stock and bonds, $1,000,-
000. Cost of road, $1,065,397.58. Annual meeting, second Monday in January. Interest payable at 226 South
Third Street, Philadelphia. Trustee of bonds. Fidelity Insurance, Trust and Safe Deposit Company, Philadel-
phia. Officers : J. S. HARRIS, President ; S. Shepherd, Secretary and Treasurer, Philadelphia, Pa.

Board of Directors, Central RR. Co. , of New Jersey.

Charles Lanier. . . .New York, N. Y.

H. C. Fahnestock..

J. Rogers Maxwell. .Brooklyn, N. Y.

Jas. A. Garland. . .New York, N. Y.
George F. Baker. . "
Edward D.Adams. " "

Henry Graves Orange, N. J.

H. W. Maxwell Brooklyn, N. Y

Samuel Sloan New York, N. Y.

J. ROGERS MAXWELL, President New York, N. Y.

Geo. F. Baker, 1st Vice- President New York, N. Y.

S. M. Williams, 2d Vice-President and Controller New York, N. Y.

Secretary— Samuel Knox New York, N. \ . — Treasurer— 5 . W. Watson New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS 143 Liberty St., New York, N. Y.

Registrar of Transfers Central Trust Co., New York, N. Y.

CHATTANOOGA UNION RAILWAY COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused.}

Line of Road. — Around City of Chattanooga, Tenn 41 miles.

Sidings, 4 miles. Gauge, 4 ft. 83 in. Rail (steel), 56 Ibs.

History. — Chartered in 1884, and road completed March 14, 1885. This is a belt line,
and connects with all the railroads centering at Chattanooga, Tenn. It is used for transfer-
ring freight cars from and to the railroads and manufactories, and also for passenger business.
Receiver appointed February 4, 1892.

Rolling Stock, December 31, 1890. — Locomotive engines, 12. Cars— passenger, 17;
freight (coal), 42— total cars, 59.

Operations for year ending December 31, 1890.— Train mileage, passenger and freight
statistics not reported. Earnings — passenger, $60,239.52; freight, $55,325.15 — total, $115,-
364.67. Expenses — transportation, $25,794.11; maintenance of cars, $720.40; maintenance,
of way, etc., $6,254.81: motive power, $32.217.14; general, $5,580.17— total, $72,566.63.
Net earnings, $42,798.04. Payments : Interest on bonds, $38,099 ; taxes and insurance,
$3,989.80— total, $42,088.80. Balance, surplus, $709.24.

Financial Statement, December 31, 1890.— Capital stock (par, $100), $1,000,000 ; funded
debt (6 per cent, bonds, interest January and July), $600,000 ; bills payable, $17,573.97 ;
current accounts, $30,337.97 ; profit and loss, $25,033.33— total, $1,672.945.27. Contra. : Cost
of road, $1,506,045.40 ; equipment, $153,097.82 ; material on hand (fuel), $374.29 ; current
accounts, $11,574.22; cash on hand, $1,853.54— total, $1,672,945.27.

Interest on bonds payable at the office of the trustee, the Farmers' Loan and Trust Co.,
New York, N. Y.

POOR'S MANUAL OF RAILROADS. 679

Directors. — C. E. James, W. E. Baskette, Franklin Harris, J. W. James, Chattanooga,

Term.

H. S. CHAMBERLAIN, President and Receiver Chattanooga, Tenn.

John W. James, Vice- President Chattanooga, Tenn.

//— W. E. Baskette Chattanooga, Tenn. | Treasurer— Franklin Harris . . . Chattanooga, Tenn.

PRINCIPAL OFFICE AND ADDRESS Chattanooga, Tenn.

CHESAPEAKE AND NASHVILLE RAILWAY COMPANY.

(Following statement repeated from Manual for 1891 ; later information refused.}

\ Nashville, Tenn., to Danville, Ky 165 miles.

Mam Lines of Road as Projected : ^ Glasgow> Ky<> to Elizabethtown, Ky.. . 40 miles.

Brttnch in Progress : Rogana, Tenn., to Hartsville, Tenn 12 miles.

Completed : Gallatin, Tenn., to Scottsville, Ky 35 miles.

Sidings, 2£ miles. Gauge. 4 ft. 9 in. Rail (steel), 56 Ibs.

History. — Chartered as Cincinnati, Green River and Nashville RR. Co., February 23,
1882, under present title May 12, 1884. Consolidated March 15, 1885, with a company of the
same name, chartered in Tennessee October 0, 1884. Grading in progress from Scottsville
to Glasgow, 25 miles, and the branch from Rogana to Hartsville is nearly completed. Re-
ceiver appointed in January, 1891.

Rolling Stock, June 30, 1890. — Locomotive engines, 3. Cars— passenger, 2 ; baggage,
etc., 1 ; flat, 46— total, 49.

Operations for year ending June 30, 1890.— Train mileage, 31,300 miles. Passengers
carried, 13,668 ; carried one mile, 226,656 ; average mile rate, 3.04 cents. Tons freight
moved, 53,890 ; moved one mile, 1,239,470 ; average ton-mile rate, 3.23 cents. Earnings —
passenger, $6,884.50 ; freight, $40,033.76 ; mail, $1,686.96 ; express, $303.85 ; other, $967.48
— total, $49,876.55. Expenses — transportation and motive power, $12,615.52 ; maintenance
cars, $3,134.87 ; maintenance of way, etc., $19,547.50 ; general, $4,476.84— total, $39,774.73.
Net earnings (20.25 per cent.), $10,101.82. Payments : Taxes, $2,729.50); other payments,
$5,709.95— total, $8,439.45. Surplus, $1,662.37 ; surplus for ward, $6,940.76— total, $8,603.13.

Financial Statement, June 30, 1890.— Capital stock, $1,050,000 ; funded debt, $875,000;
profit and loss, $39,655.58— total, $1,964,655.58. Contra : Cost of road, $1,924,437.65 ; roll-
ing stock, $83,195 ; cash assets, $6,922.93— total, $1,964,555.58.

Funded debt consists of 1st mortgage 5 per cent. 50-year $1,000 coupon bonds, dated
August I, 1887, due August 1, 1937, interest payable February and August ; authorized issue,
$2o.OOO per mile. Annual meeting, third Saturday in September.

Directors (elected September 25, 1890).— I. E. Gates, R. T. Colburn, E. H. Pardee, F. H.
Davis, H. M. Hoyt, New York, N. Y.; E. Zimmerman, A. Evans, H. E. Huntington, Cincin-
nati, O.; J. J. Turner, Gallatin, Tenn.

JOHN ECHOLS, Receiver Louisville, Ky.

E. ZIMMERMAN, President Cincinnati, O.

Vict-Presiiknt—'R. T. Colburn New York, N. Y. | Secretary & Treasurer— H. M. Hoyt, New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Mills Building, New York, N. Y.

CHICAGO AND ALTON RAILROAD COMPANY.

Main Line of Road.— Joliet, 111., to East St. Louis, 111 243.50 miles.

Coal City branch : Joliet to Coal City and Braidwood 24.48

Washington Branch : D wight to Washington and Lacon 79.80

Louisiana Branch : Roodhouse, 111., to Louisiana, Mo 37.80

Jacksonville Division: Bloomington to Wanu. via Jacksonville, Godfrey

and Upper Alton 158.00— 300.08 miles.

Leased ( t^l'c* an^ Chicago Railroad 37.20

Lines • ) Louisiana and Missouri River Railroad 100.80

' ( Kansas City, St. Louis and Chicago Railroad 161 .82 — 299.82 miles.

Total length of line operated 843.40 miles.

2d track, 82.99 ; sidings, 222.63 m. Gauge, 4 ft. 8* in. Rail (steel, 1,112.98 m.), 60 and 70 Ibs.

680

POOR'S MANUAL — CHICAGO AND ALTON KB. CO.

Statement of the mileage in the several divisions of the system :

LINKS OK RAILROAD.

First
Track.

Second

Track.

Side
Tracks.

Total
Track.

Chicago to Kast St Louis

M.

280 70

M1 S2

Jf.

115 14

tl.

477 66

Coal City Line

24 48

lr> 04

39 52

Dwight, to Washington and Lacon . .

79 80

6.60

86 40

Roodhouse to Kansas City

250 42

1 17

62 48

314 07

Bloomington to Wann. via Jacksonville, Godfrey and Upper Alton..
Mexico to Cedar City

158.00

50.00

19.64

:; 7:5

177.64
53 73

Total of all Tracks

843 40

82 99

-.'2V W

1,149.02

History. — Organized February 16, 1861, and in 1862 acquired the property of the St.
Louis, Alton and Chicago RR. Co., which was sold under foreclosure in that year. The
Coal City Branch, was built by the Chicago and Illinois River KR. Co., and was purchased by
this company in 1879. The St. Louis, Jacksonville and Chicago RR. Co., owning a railroad
from Godfrey to Bloomington, 111., 150.60 miles, which had been operated under lease since
1868, was consolidated with the Chicago and Alton RR. Co., April 14, 1884. (See MANUAL
for 1884, page 354.).

Rolling1 Stock. — Locomotive engines, 228. Cars — passenger, 161 ; freight, 7,600 — total.
7,821.

Operations for year ending December 31, 1891. — See tabulated statement following.

Earnings.— Passenger ............... $2,206,84198

Freight ...................... 4.998,11487

Express ...................... 172,25945

Mail ........................... 168.135(2

Miscellaneous... .... 45,52986

Expenses,— Transportation ................ $1,659.04559

Motive Power ................. 1.424,77235

Maintenance Way ............. 861,10077

Maintenance of Cars .......... 51

Total ($9,000.33 per mile) (7,600,881 18 Total ($5,286.64 per mile) $4.458,749 80

Net earnings (41.26 per cent.), $3.132,131.38. Add other receipts: Interest on bonds,
$232,870 ; dividends on stock, $32,032 ; miscellaneous, $7, 664/87— total income, $3,404.-
698.25. Payments : Interest, on bonds, $810,387.16 ; dividends on common and preferred
stock, $1.407,560 ; sinking fund gold bonds redeemed and cancelled, $88,742.50 ; rentals
(Joliet and Chicago RR., $105,750 ; Louisiana and Missouri River RR., $162,137.52 ; Kansas
City, St. Louis and Chicago RR., $335,834.90 ; Mississippi River Bridge, $71,000), $674,-
772.42 ; additional property (including cars, real estate, new buildings and new tracks),
$200,220.08— total, $3,181,632.16. Balance, surplus, $223,066.09. Surplus from 1890, $2,-
42o, 509. 53— total, $2,640.575.62.

General Balance Sheet, December 31, 1891.

Cost of Road and Equipment $20,268,702 60

Cost of Road, Godfrey to Wann 316,361 42

Cost of Road, Louisiana Branch 1,389,537 92

Cost of Road, Western Division 1,116,724 91

Cost of Road, Coal City Branch 690,416 34

Cost of Joliet and Chicago RR 2,000,000 00

Cost of Mississippi Bridge 1,000,000 00

St. L. J. & C. RR. Co.'a Bonds Assumed . . 2,407,000 00

Pref. Stock St. L. J. & C. RR. Co 1,054,100 00

( Join . Stock St. L. J. & C. RR. Co 1.613,100 00

Stocks and Bonds Owned 3,884,636 13

Lands Owned 75,000 00

Cash ! 1,324,721 97

Bills Receivable 53,596 59

Due from Agents 143,011 16

Due from Solvent Cos. and Individuals.. . 247,s">3 ?'.">

Materials and Supplies 278,762 05

Illinois Trust and Savings Bank. Trustee.. 1,500 00

Machinery and Tools 322,978 97

U. S. Trust Co. Applicable for Redemp-
tion of Sinking Fund Gold Bonds. . . . 100,579 73

Total Assets... J:

Common Stock

Preferred Stock

Joliet and Chicago Stock, Guaranteed

Mississippi Bridge Co. Stock, Guaranteed

Funded Debt (see page 682)

Sinking Fund Bonds. Redeemed and Can.
Sink. Fund G'd B'ds, Redeemed and Can .
Joliet & Chic. Bonds. Redeemed and Can .
Miss. Riv. Bridge B'ds, Redeemed & Can.

Louisiana & Mo. River RR. 1st Mort

Audited Vouchers and Accounts

Wages and Salaries

Net Traffic Balances due other Companies

Unclaimed Dividends

Matured Interest and Coupons, Unpaid . .

Rentals Accrued, not yet due

Unexpended Appropriations

New Common Stock, Unissued

Income Account...

$14,115,000 00

3,479,500 00

1.500,000 00
300,000 00
13,042,850 00
600,000 00
925,000 00
500,000 00
93,000 00
100 00
279,37'.' 52
383,931 7ti
212.541 64

115 30

1 20.000 00

1.500 00

62

Total Liabilities

$38,2^

POOR S MANUAL — CHICAGO AND ALTON RR. CO.

681

The preferred stock is entitled to a dividend of not exceeding 7 per cent, after payment
of interest and sinking fund contribution, and to share pro rata with the common stock in
any dividend exceeding 7 per cent, on the entire'stock.

Statement of operations and capital account for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

f Rail road Owned...
Miles of Track

649.18

102
86

849.78
1,700,862
8.172.079
1,907,486
119,946417
8/98,284
602,768,054

S

357,170

549.16

566.84
228
103
88

6,531
849.08
1.703.111
8,937,142
1.721.2s.;
109078875
3,631,106

2,209,502
5,432,6*3
351,034

549.16

685.78
601.16
228
103
35
6,831
848.98
1.721.! 42
3.052. 1S7
1,735,549
114250.157
3.651,100
560,824.279

2,311.041
5.392,059
.357.539

549.16
689.46

549.16
704.93
641.86
228
111
39
7,531
848.98
1,942.893
3J74.32--)
1.830.535
1 18,007 5^5
3.785. IriO
533,866,327

2,221,005
4.901 .24S
389,212

549.16
705.54
654.59
228
114
39
7,581
848.68
2,038,011
3.164.577
1.717,678
104000,108
3.461.391
587,301,928

886,616

548. 86
713.46
686.57
228
117
40
7.648
848.68
2,115,668
3,368.917

117,016-312
3,399,705

519,689,191

4,588.225

694.61

8

40
7.660

2,071,114

3.588.994

3.501.327

2.206,842
4,998.115
385.924

MiU-s of Sled Hail

228
111
39
7,031
848.98
i 1.743,526
8,372,386
1,765,196
120.001.687
4,123,190
641,651.562
S
2.474.154
6,070.639

•Biases

JI.T Cars
. Mail. etc-.. ( ar-. . .
Freight . = 8-\vlieel
i Railroad Operated.
;er Train Miles
Frt-iirht Train Miles
_"rs Carried
Pa^en^er Miles

Freight irons'* Moved
Freight (ton) Miles

_er Earnings
Freight Earnings.

Miscellaneous
Traffic Earnings

8.709,274
5.079.330

7.993,169j 8,060.639
4,612,847 4,650,955

8.941. 386
5,270,208

7,511.465

4,668,084

2.843.3S1
8,289, 1 5

4,571,736

7,065.753

7.590,881

Operating Expen8'g& Taxes
Xet Traffic Earnings

3,629,944

o 005 -30 >

3,380,322 3.409.684
2.432.279! 2.667.169

3,671,183
3,044,459

2.944,880 2.683.752
2.869.:

3.132,131
2,696.077

Balance Previous Year, etc

Available Revenue

5 835 466

5,812,601
704,473

839.307
93,854
1,409,750
380,702
2.384:515
9,413 92
5.432 7(5
3,981 16
57.71 p. c.
2.25 c.
1.01 c.

14,107.800
3.479,500
12,4y9,830
2,475,000
427.000
600.000
525,000

439,100
3,700

" Y.253,427
2,384,515

6,076.853

836,381
101.133
1.407.224
255.1 IS
2.775.2-20
9,493 38
5,477 64
4,015 74
57. 70 p. c.
2.02 c.
0.96 c.

14. iio. son

3,479,500
12.415>50
2.465.000
508,000
600,000
535,000

439.100
3,700

359
1.189.615

2.775.220

6,715,642
710,608
881,081
92,672

1.407.644
279,971

3.402.716
10,531 91
6.20768
4.324 23
58.94]). c.
2.06 c.
0.95 c.
|
14.112.000
3,479. 500
12,340.000
2,465,000
583,000
600,000
545,000

439,100
2,500

6,132.876
665,455

106.924

1.407V.OS
531.542
2.595,6S9
8,847 63

3.349 17
62. 15 p. c.
1.88 c.
0.92 c.

14,114,600
3,479,500
12,252,850
2.444,000
669.000
600.000
556,000

! 439.100
1,900

5.S14.444
669.478
823,486
31.90(1
1.407.712
165,879
2,715,890

5,386 87
3.469 97

•2.13 c.
A92c.

14.115,000
3,479,500

2.432.000
695,000
600.000
568,000

439,100
1,500

5.673.141
652.411
816.161
189.227
1,407,560

2.423.510
5.195 64

62.02 p. c.
1.79 c.

0.88 c.

14.115.000
3.479,500
13,129.950
1.800,000
851,000
600.000
580,000

5,828,208

810,387

88,742
1.407.5*50

2.646.576
9,00033
5.28664
3.713 69
58. 74 p. c.
1.96 c.
0.91 c.

14.115.000
3.479.500

1,800,000

600,000
593,100

:,Vntals
Interest

828,865
770,688

1,646,840

347,069
2,159,433
10,24886

6.041 31
4.207 55
58.94 p. c.
1.90C.
1.01 c.

14,034.700
3.479.500
12.600,850

*45,666
600,000

Sinking Fund
Dividend?
Other Disbursements ....
Balance — Surplus
Gross Earnings per Miie . .
Gross Expenses per Mile . .
Net Earnings per Mile. . ..
Expenses t<> Earnings
Av. Hate per Pass, per Mile
Av. Rate per Ton per Mile..

Common Stock
Preferred Stock

Funded Debt

Stocks & Bonds Guaranteed
Gold Sinking F'd Bds.Red'd
SinkinarF'd Bonds Cancel'd
Other Bonds Cancelled
La. A; Mo. River RR. Bond
Account .

439.100
52,800

187,524
1,092,698
2,159,433

Stock and Bonds

1,500

1.500

Construction F'd K. C., St.
L. &C. RR

Accounts and Liabilities . . .
Income Balance

1.860.862 »72.7f'S 1.191,855
3,016,243 2.595.6S9 2,

873.467
2,423,509

1,085,058
2.646,576

Total Liabilities
Road and Equipment
Construction Branches, etc.
Stocks, Bonds. Trusts, etc.
La.* Mo. Riv. RR. Co. Notes
Materials, Supplies, etc. ..
Bills. Accounts, etc
Cash on Hand and in Transit

Total Assets

34,991,605
20.225.081
6.003.691
6,514. 683
176.188
524.723
443.822
1.103.117

38.194,892 38.522,144
20,225.081 20,225.081
3,932,041
•;..•)!:•). 129 6.515,812
168,618 128,357
594,000, 597,841
443.226, 413,290
1,330.797 1.737.722

39,443,205
20.268.703
8.930.878
6.609.440
77,619
696,734
854.686
2.005,145

38,125.4371 38,464,695
20.268.;
8.948.446) 8.947.209
6,625.779, 6.695,673
71.869 K1.532
647.320 643.725
245.127 251>54
1,318,193 1.595. 999

37,853,927 38,288,584
20,268,703' 20.268,703
6.513.041 6.513,041
8,939,219 9,135,916

711.453
935,796

601,741
444,462

1.324.722

34.991,605

38,194,892

38.522,144

39,443,205

38,125,437' 38.464,695

37.853.927

38,288,584

DIVIDENDS. — Regular quarterly dividends, ranging from 5 to 2 per cent, on preferred
and from 6 to 2 per cent, on common stock, have been paid by this company from August 25,
1863, to December 31, 1890 — an aggregate of 236i^»er cent, on preferred and 233 per cent, on
common stock. From June 1, 1884, to March, 1S9'2. the dividend rate has been 8 per cent,
on both common and preferred stock. (See MANUAL f<»r 1838, page 357.)

Annual meeting, first Monday iu April ; books close about twenty days previously. Stock
and bonds listed on the New York Stock Exchange.

682 POOR'S MANUAL — CHICAGO AND ALTON RR. co.

Statement of funded debt, December 31, 1891 :

DATE OP BONUS.

INTEREST.

DESCRIPTION.

Length
of
Road.

Amount
Outstanding.

Issued.

Maturity.

When
Payable.

Rate.

M.

p. c.

$

1st Mortgage C. & A. RR Bonds

220
322

1862
1873

Jan. 1, 1893
July 1, 1903

Jan. & July
Jan. & July

1 7
6

2,383,000
4,379,850

Consolidated C. & A. RR. Sterling Bonds. . . .

St. L., Jack. & C. RR. 1st mtgs. bds., assumed
St. L., Jack. & C. RR. 2d mtge. bds., assumed

187
37

1864
18!>8

April 1, 1894
July 1, 1898

April & Oct.
Jan. & July

7
7

2.929,000
230,000

Sinking Fund C. & A. RR. Gold Bonds

162

1878

May 1, 1903

May & Nov.

6

2,075,000

In addition to the above funded debt the company has assumed the following bonds of
its leased lines :

1st mortgage (L. & Mp. R. RR.) 7 per cent. 30-year bonds, due August 1, 1900 ... $439,000

1st mortgage (Mississippi River Bridge) sinking fund 6 per cent. 40-year bonds, due October 1, 1912 607,000

And also guarantees interest (7 p. c.) on $300,000 L. & Mo. River RR. second mortgage
bonds ; perpetual dividends (7 p. c.) on $1,500,000 Joliet & Chicago stock ; ditto (7 p. c.) on
$300,000 Miss. River Bridge Stock ; annual dividends (6 p. c.) on $1,750,000 K. C., St. L. &
C. preferred stock, and annual dividends contingent npon net earnings, not to exceed 7 p. c.
on $271,700 K. C., St. L. & C. common stock.

The consolidated 6 per cent, sterling bonds outstanding are for £900,000 (total author-
i/ed issue, £1,600,000, or $8,000,000), are secured on main line and Washington Branch,
323.30 miles, are coupon bonds of £200 each, and are redeemable in 1903. Principal and
interest, free of all taxes, payable in London by J. S. Morgan & Co. Trustee, United States
Trust Co., New York. Listed on London Stock Exchange ; also quoted at Glasgow.

The sinking fund 6 per cent, bonds of 1878 ($3,000,000 authorized) are coupon bonds
of $1,000 each, with provision for registration. A sinking fund of $120,000 half-yearly, less
the semi-annual interest on the bonds then outstanding, is payable to the United States Trust
Co., trustee, on the first days of May and November, each year, beginning May 1, 1880, to be
applied to the purchase and cancellation of these bonds, if they can be purchased at a price
not exceeding 105 and interest. They are not secured by a mortgage on the line. But it
was provided that should the mortgage indebtedness be increased above $8,000,000 they
should be so secured. Seven per cent, bonds of the Kansas City, St. Louis and Chicago RR.
Co. (in aid of the construction of whose line these Chicago and Alton bonds were issued) to
the amount of $3,000,000 are deposited with the United States Trust Co., as additional
security.

Statement of principal articles of freight moved, 1874-1891 :

YEARS.

Iron.

Coal.

Wheat.

Corn.

Oats.

Flour.

Mdse.

Cattle.

Hogs.

1874

Tons.
29,385

Tons.
404,327

Bush.
1,152,634

Bvsh.
8,529,910

Euxh.
1,471,430

Ebls.
691,117

Ton«.

164,268

No.

205,566

No.
464,426

1875
1876

71.647

82,886

569,234
606,375

1,224,891
1,614,411

4.929,991
11,360,125

1,705,753
1,061,799

587,744
548,111

199,896
232.201

189,632
274,599

388,201
387,569

1877
18T8

48.301
100,260

474,177
646,698

1,112,330
4,145,435

8,772,412
9,684,210

1,375,557
3,165,181

736,830
782.319

242.831
259,486

186, ri 7
174,635

325.532
630,836

1879. ...

180,268

817,351

5,919,401

9,623,131

1,818,609

948,022

387,825

200,614

676,551

1880
1881 . . .

229,255
320,890

989,146
1,190,241

6,351,756
3,382.875

12,733,108
9,304,712

1,846,265
2,528.463

1,000,056
689,636

412,471
461,749

244,073

267,058

696,014

1882

231,894

1,366,641

6,127,981

8,373,923

3,504,005

784,875

504,466

211,379

605,82'.!

1883
1884

117,126
121 670

1,416,350
1 278 320

5,355.811
6 520 '664

10,396,499
10,492,786

2,654,779
3,584 407

534,800
643,026

518,689
560,136

290,813

368,024

775,r,:5i

960,017

1885

152,074

1,390,855

2,828,663

8(143,312

3,836,310

524,203

613,731

384,185

1,031,326

1886

189,013

1,362,613

3,435,056

5,236,134

3,719,791

471,765

747,882

358,676

789,650

1887

218,631

I,553,8r5

3,941,138

4,782,031

4,254,230

528,324

944.995

472.432

tW7,5<):5

1888 ..
1889
1890 .

85,834
169,146
122,278

1,639,825
1,000,085
1,180,192

4,615,512
5,379,714
3,796,038

4,920,117
8,156,737
9,7'05,146

5,480.483
4,784,908
4,324,151

509,754
491.812
376,793

764,635
822,019
764,615

519,013
447,756
437,946

665,282
676,334
584,171

1891

127,195

1,095,479

7,871,883

7,230,941

4,660,620

406,578

740,131

446,166

523,905

POOR'S MANUAL OF RAILROADS. 683

RAILROADS LEASED OR OWNED BY THE CHICAGO AND ALTON RR. Co.

JOLIET AND CHICAGO RAILROAD.— Joliet, 111., to Chicago, 111. (double). 37.20 miles. Organ,
izeil February 15, 185T> : road opened July 4, 1856. Leased in perpetuity from January 1, 18*>4, to the C. & A. Cp.-
arnl now operated as a division of the main line. Rental, 7 per cent, on stock, and $1,800 per annum for main,
tenance of organization. Dividends (first Mondays in January, April, July, and October, 1J per cent, each),
$105.000. Capital stock, $1,500,000. Cost of road, etc., $2.000,000. No bonds issued on the road. Annual meeting,
day in April. Book* close for annual meeting about twenty days previously. Dividends payable at
U. S. Trust Co.. New York. Stock listed on New York Stock Exchange. Transfer Office, John Paton & Co.,
New York. JOHN B. DRAKK, President ; Charles H. Foster, Secretary and Treasurer, Chicago, 111,

KANSAS CITY, ST. LOUIS AND CHICAGO RAILROAD. -Mexico, Mo., to Kansas City,
Mo., 161 .82 miles. Organized in 1877. Road opened through, May 1. 1379. Leased to C. & A. RR. Co. in per-
petuity from November 1. 1879. Rental, 35 per cent, of gross earnings, less assessments and taxes. If 35 per
<-ent. is in excess of the amount required to pay interest on bonds, 6 per cent, on preferred stock, and 7 per cent,
on common stock, after deducting taxes, etc., all excess must go to the Chicago and Alton RR. Co. Rental, 1891,
$335.834.90. Paid : Interest on bonds, $210,000 : dividends on preferred stock, quarterly, February. May. August,
jind November, each li percent., $105,000— total, §315,000. Capital stock, common. 7 per cent., $271.700 ; pre-
ferred. »5 per cent.. $1,750.000; funded debt. 1st mortgage 7 per cent. 25-year bonds, payable May 1, 1903,
$3,000.000. The bonds are deposited with the U. S. Trust Co.. as security lor an issue of a like amount of 6 per

cent, bonds of the C. & A. RR. Co. of the same date. This company has paid the following cash dividends : On

579. On common stock, May 20. 1881, $7.40 per share out

preferred stock, li per cent, quarterly, since August 1, 1879.

of earnings from November 1, 1879, to January 1, 1881 : November 6, 1881, and May 1, 1882. 3i per cent. each.
From May 1. 1882, semi-annual dividends of 3| per cent, each have been paid on the first days of November and
May. J. J. MITCHELL. President ; H. W. Phelps, Secretary, St. Louis, Mo. ; C. Kelsey, Registrar of Transfers,
Chicago, 111. CORPORATE OFFICE, St. Louis. >Io.

LOUISIANA AND MISSOURI RIVER RAILROAD. -Louisiana. Mo., to Cedar City. M.
liiO.JH) miles. Chartered March 24, 1868 ; road opened October 29, 1871. Leased in perpetuity from August 1, 1870i
.-it a rental of 35 per cent, of gross earnings after deducting taxes and assessments. Rental in 1891, $162,137.52-
Payments : Bond interest and dividend guaranteed, $138.250 : interest on bills payable, $4.922.59 ; sundries,
$3,154.35— total, $145.326.94. Net income. $16.810.58, applied to payment of floating debt. Common stock.
$•-'.212.700 : preferred 7 per cent, stock, $1.010.00(1 ; preferred 7 per cent, stock, guaranteed by Chicago and Alton
RR. Co. (interest February and August), $329.000: funded debt. 1st mortgage 7 per cent. 30-year bonds, due
. 1900, $1.346.000 : 2d mortgage 7 per cent, bonds (interest sruarameed by C. & A.), dated November 1,
K7. and due November 1. 1900. $300.000 : floating debt. $50.576.77— total, $5.308,276.77. Cost of road, $5,198,700.
•Cash dividends of 3i per cent, have been made semi-annually on the lir.-t days of February and August, on the
guaranteed preferred stock of this company since February. 1871. No dividends have ever been paid upon either
the preferred or common stock. Annual meeting, first Wednesday iu May : books close thirty days prior thereto.
Interest and dividends payable at transfer oflice of Cuyler Morgan & Co., New York. BRADLEY D. LEE, Presi-
dent, St. Louis. Mo. ; Charles H. Foster, Secretary and Treasurer, Chicago, 111.

MISSISSIPPI RIVER BRIDGE.— Pike. 111., across the Mississippi to Louisiana. Mo. Chartered
April 25. 1872 ; bridge opened December 24, 1873. Leased in perpetuity December 3, 1877, at a rental of S63.0CO
a year, to be applied in payment of 7 per cent, on stock, and 6 per cent, on bonds. Rental for 1891, $71.000.
Payments : Interest on bonds. $36,000 ; sinking fund, $14,000 : dividends (7 per cent.). $21,000— total. $71.000.
Capital stock, $300,000 ; funded debt. 1st mortsage 6 per cent, bonds, due October 1, 1912, interest April and
October. $600.003 ; sinking fund. $100,000— total, representing cost of road, etc., $1,000,000. All the stock and
8171.000 of the bonds are held by the C. & A. RR. Co. as an investment. D

the C. & A. RR. Co. as an investment. Dividends paid January and July, at
ble by Cuyler Morgan & Co., New York. J. C. McM
H. Foster, Secretary and Treasurer, Chicago. 111. CORPORATE OFFICE, Chicago, 111.

Board of Directors, Chicago and Alton RR. Co.

,

Treasurer's office ; interest payable by Cuyler Morgan & Co., New York. J. C. McMui.Lix, President ; Charles
easurer, Chi

Term trpire* ir> April, 1892. | Term empires i» April. 1893. I Term expire* in April, 1894.

T. B. Blackstone Chicago, 111.

John B. Drake

Morris K. Jessup. .New York, N. Y.

Chicago. 111.

Mitchell St. Louis. Mo

Albert A. Sprague ... .Chicago. 111. Win. N. Blackstone. . .Norwich, Ct.

James C. Me Mull in . .Chicago. 111. A. C. Bartlett
John A. Stewart. .New York, N. Y. John J. Mitel

T. B. BLACKSTONE. President Chicago, 111.

Vice- President— 3. C. McMullin Chicago, 111. I Secretary <(• Treasurer— Chas. H. Foster. .Chicago, 111

Auditor •— Chauncey Kelsey ll | General Manager— Charles H. Cbappell . . "

PRINCIPAL OFFICE AND ADDRESS Chicago, 111.

CHICAGO AND CALUMET TERMINAL RAILWAY COMPANY.

Main f in* «f T?n-iH • t East Chicago, 111., to Whiting, Ind 4.30 miles.

Mam Line* of Road : - Eagt Chic^0 m > to McCook 26 19 miles>

Hammond BrancJt : Industry to Hammond, Ind 1.10

HegeiHsch Branch : Hammond to Hegewisch 1.40 — 2.50 miles.

Total length of lines, December 31, 1891 32.99 miles.

Sidings, etc., not reported. Gauge, 4 ft. 8| in. Rail (steel), 75 Ibs.

History.— Organized in September, 1887, by the consolidation of the Calumet River, the
Hammond and Lake Michigan, and the Chicago and Calumet Terminal RR. Cos. Road still
under construction.

Financial Statement.— Capital stock authorized, $5,000,000 ; par. $100. Funded debt

authorized, $3,000,000 1st mortgage 5 per cent. 50-year $1,000 coupon bonds, dated June 1.

389, interest payable June and December, at the office of the trustee, th* Central Trust

Company, New York, N. Y. Amount of bonds issued, $1,752,000. These bonds are issued

684 POOR'S MANUAL OF RAILROADS.

at the rate of $35,000 per mile of single main track and $15,000 additional per mile for each
mile of double main track. An amount of cash sufficient to meet two years' interest has-
been deposited with the trustee.

Directors. — David S. Wegg, Henry S. Boutell, Kemper K. Knapp, Henry S. Hawley,
Chicago, 111.; James B. Williams, New York, N. Y.

DAVID S. WEGG, President Chicago, 111.

James B. Williams, Vice- President New York, N. Y.

Treasurer— George S. Baxter. . . . . .New York, N. Y. | Secretary— Henry S. Bontell Chicn-o, IX

PRINCIPAL OFFICE AND ADDRESS Chicago, 111.

CHICAGO AND GRAND TRUNK RAILWAY COMPANY.

Line of Koail.— Port Huron, Mich., to El^don, 111 326.50 miles.

3d track, 12.50 ; sidings, 102.50 miles. Gausfe, 4 ft. 8£ in. Rail (steel, 441.50 miles), 67 Ibs.

In addition to the line above, the company uses 4.87 miles of the Chicago and Western
Indiana RR., between C. & W. I. RR. June, and Polk Street in Chicago, and 3.9 miles of
the Grand Trunk Junction Ry. from Elsdon, III., to C. & W. I. RR. June., making the total
length operated 335.27 miles.

History. — The Chicago and Grand Trunk Railway, as now constituted, is a consolidation
of various lines of railroad between Port Huron and Chicago. The line is controlled by and
operated in the interest of the Grand Trunk Ry. Co. of Canada, and forms the Chicago ex-
tension of that company's system. The complete history of its organization and progress of
construction is given in MANUAL for 1885, page 583. See also statement of Grand Trunk Ry.
Co. of Canada.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 151. Cars — passenger, 33 ; dining-,
2 ; baggage, mail, and express, 19 ; freight (box, 1,923 ; platform, 245 ; stock, 215 ; coal, 50),
2,433; other cars, 73 — total cars, 2,560. Of this equipment 20 locomotives, 7 passenger,
1,750 box, 100 platform, 200 stock, and 50 coal cars are leased. To the above equipment 1
new dining car has been added since the close of the fiscal year.

Operations for the year ending June 30, 1891 (335.27 miles). — Train mileage — passenger,
1,354,911 ; freight, 2,073,609 ;. mixed, 302,574 ; other, 1,143,815— total, 4,874,909 miles. Pas-
sengers carried, 1,051,368 ; carried one mile, 65,521,365 ; average mile rate. 1.66 cents. Tons
freight moved, 1,860,752 ; moved one mile, 455,617,959 : average ton-mile rate, 0.57 cent.

Earnings.— Passenger $1.114,778 79 Expenses.— Transportation $1,717,803 07

Freight 2,591.371 23 Motive Power 181,945 81

Mail 40,960 83

Express 3-2.480 77

Miscellaneous... 41,46897

Total (SI 1,396.96 per mile) $3,821,060 59

Maintenance of Cars 256.127 22

Maintenance Way & Buildings 328,207 65
General . . . 335,232 68

Total ($8,409.09 per mile) $2,819,317 OS

Net earnings (26.21 percent.), $1,001,743.56. Add rental of right of way, etc., $97,-
255.03— total revenue, $1,098,998.59. Payments : Interest on bonds (1st mortgage, $359,-
982.82 ; 2d mortgage, $300,000), $659,982.82 ; on debt, $74,631.91 ; rentals, leased lines,
$164,560 ; taxes, $122,484.50 ; advances under traffic agreements to the Toledo, Saginaw
and Muskegon Ry.' and Cincinnati, Saginaw and Mackinaw RR. Cos., $14,697.28— total, $1,-
036,356.51. Balance, surplus, $62,642.08 expended in payment, of interest coupons previously
in arrears.

General Balance Sheet, June 30, 1891.

Cost of Road $17,408,712 51

Coet of Equipment 1 ,526,460 00

Materials, Fuel, etc., on Hand 371,25(5 7<»

Sundry Fast Freight Line Funds 9,194 66

Current Accounts 454,243 86

Cash on Haud. . . 90,031 25

Total Assets $19,889,896 07

Common Stock paid in (par, $100) $6,600,000 00

Funded Debt Outstanding 12,000.000 00

Current Accounts 937 .:

Matured Int. Coup, due July 1, 1891 m.T.K 07'

Bills Payable lw.'

Total Liabilities $19,859,8W 07

Funded debt consists of $6,000,000 1st mortgage 6 per cent, coupon and registered ($500

POOR'S MANUAL OF RAILROADS. 685

ami *1 ,000 ; £100. €500, and £1,000) bonds, dated April 10, 1880, due January 1, 1900, interest
payable January 1 and July 1, and $6,000,000 2d mortgage 5 percent. 40-year coupon bonds
($500 and $1,000), dated January 1, 1882, due January 1, 1922, interest payable January 1
and July 1. Interest payable on currency bonds, New York : sterling bonds, London.
Trustees of bonds. 1st mortgage, John Bell, Belleville, Ontario, and E. W. Meddaugh,
Detroit, Mich. ; 2d mortgage, Josiah A. Horsey, New York, N. Y., and E. W. MeddaugL,
Detroit, Mich.

Annual meeting, second Wednesday in April, at Chicago, 111. ; books do not close.
Registrar of stock, Charles Percy, Montreal, Que. Transfer agents, F. A. Howe, Chicago,
111., and Charles Percy. Montreal, Que.

Directors (elected April 8, 1891).— L. J. Seargeant, Montreal, Que.: W. J. Spicer. E. \V.
Meddaugh, Detroit, Mich.: AY. C. Beardsley. Auburn. X. Y. : F. A. Howe, Chicago, 111.;
DeF. Skinner, Valparaiso, Ind. : Henry Howard, Port Huron, Mich.

L. J. SEARGEANT, President ............................. Montreal, Que.

. ,!• .-I.x-.s7. l» Pr'-*.— Charles Percy ____ Montreal, Qae. | General Mi,,.u/~r—'V?. J. Spicer .......... Detroit. Mich.

t-Ja*. H. Muir .......................... Detroit. Mich.

PRINCIPAL OFFICES .............................. Detroit, Mich., and Chicago, 111.

Transfer Offices .............. Chicago, 111. ; New York, N. Y. ; and Montreal, Que.

CHICAGO AND OHIO RIVER RAILROAD COMPANY.

(The officials of this company refuse to furnish any information.)

Line of Road.— Sidell, 111., to Olney (0. & Miss. RR.), Ill 86 miles.

Sidings, 5.24 miles. Gauge, 4 ft. 8* in. Rail, 42 Ibs.

History.— Chartered as Danville, Olney and Ohio River RR. Co., March 10, 1869, to build
a railroad from Danville, III., to the Ohio River, a distance of 243 miles; road opened from
Kansas to Wpstfield, June 1, 1878; to West Liberty, February 21, 1881. During the year
1881. the gauge was changed from 3 ft. to 4 ft. 8^ in. The road was completed and put in
operation between Sidell and Olney, 86 miles, in 1883. Placed in the hand* of a receiver in

. Sold under foreclosure February 10, 1886, and purchased for $175,000 in the interest
of the bondholders, who reorganized the company under the name of the Chicago and Ohio
River RR. Co., May 1, 1886. (See MANUAL for 1888, page 374, for plan of reorganization).

Rolling Stock, June 30, 1890. — Locomotive engines, 3. Cars — pas?enger. 2 ; freight
(box). 6.

Operations for year ending June 30. 1890.— Train mileage not reported. Passengers
carried, 26,970 ; carried one mile, 399,117 : average mile rate, 3.496 cents. Tons freight
moved, 61,490 ; moved one mile, 2.084,041 ; average ton-mile rate, 2.595 cents. Earnings-
passenger, $12.171.55; freight, $54,096.13; mail, $3,6^9.75; express, $301.83 ; other, $60—
total, $70,319.26. Operating expenses, $60,534.29. Net earnings, $9,784.97. Payments :
Interest on bonds, 814,270; taxes, $7,752.78— total, $22,022.78. Balance, deficit, $12,237.81.
Deficit forward, $17,750.33— total, $29,988.14.

General Bnl.-n,^t Sheit, June 30, 1889 (litest furnished).

Cost of Road $1.257,090 40 Capital Stock $438,800 00

Cost of Rolling Stock 22,250 00 Funded Debt Outstanding 851,300 00

Matt-ri ils and Fuel on Hand 2,296 49 Bills Payable 3,000 00

and Current Accounts 4.1147 68 Current Accounts 2.272 70

Profit and Loss 1 7, 750 33 Interest Accrued 2,33000

Coupons Due 2,46000

Other Liabilities 3.S72 20

Total Assets $1.304,034 90. Total Liabilities .$1,304,034 90

Funded debt consists of $233.000 1st mortgage 30-year 6 per cent, bonds, due May 1, 1916,
interest payable May and November, and $618,300 income mortgage b^nds, same rate and
date as firsts, but interest payable only when earned. The income bonds are convertible into
srock for five years from May 1, 1886.

Directors (elected May 10, 1889).— Austin Corbin, New York, N. Y. ; Albert X. Parlin,

686 POOK'S MANUAL OF RAILROADS.

Barthold Schlesinger, Boston, Mass. ; Chauncey Kelsey, John A. Henry, Wm. G. Beale, Paul
C. Hendricks, F. D. Tracy, Chicago, 111. ; C. W. Fairbanks, Indianapolis, Ind.

ALBERT N. PARLIN, President Boston, Masss.

Austin Corbin, Vice- President New York, N. Y.

Treas. and Sec.— E. R. Reynolds New York, N. Y. | (,tn< r<tl M<i,m</,r -E. O. Hopkins Evansville, Ind.

PRINCIPAL OFFICE AND ADDRESS Indianapolis, Ind.

Transfer Office 192 Broadway, New York, N. Y.

CHICAGO AND SOUTHEASTERN RAILWAY COMPANY.

Main Line of Road. — Anderson, Ind., to Waveland Junction 81

Brazil Branch : Sand Creek to Biazil 19 — 100 miles.

Sidings, 8 miles. Gauge, 4 ft. 8£ in. Rail (steel, 72 miles), 56 and 60 Ibs.

History. — Reorganization in 1891 of the Midland (Indiana) Ry. Co., organized in 1885
by the purchasers of the Cleveland, Indiana and St. Louis Ry. (See MANUAL for 1891. page
772). The new company took possession February 1, 1892. The tracks of the Vandalia are
used from Brown's Valley to Sand Creek, a distance of 12 miles. It is intended to build an
extension of 50 miles from Waveland Junction to Urbana, 111., during 1892.

Rolling" Stock. — Locomotive engines, 8. Cars — passenger, 4; combination, 2; bag-
gage, 2 ; freight (box, 10 ; gondola, 60), 70 ; service. 10 — total cars, 88.

Operations.— Not reported.

Financial Statement, May 1, 1892.— Capital stock authorized at the rate of $20,000 per
mile ; amount outstanding — not reported. Funded debt consists of 1st mortgage 5 per cent.
30-year gold bonds, dated October, 1891, authorized at rate of $20,000 per mile of main track
— issued, $1,6*25,000. Bonds are secured on the entire railroad and equipment. Of this
issue $375,000 are reserved to take up a like amount of Midland Ry. (Ind.) Co.'s bonds.
Trustees, Central Trust Co., New York, N. Y., and Josephus Collett.

No official information as to operations of the old or the financial condition of the new
company obtainable. It is reported that the stock and equipments have been transferred to
the Central Trust Co. of New York, which company will issue bonds to liquidate the indebt-
edness, and that authority has been given for an issue of $1,600,COO in bondg.

Directors. — Not reported.

HENRY CRAWFORD, President Chicago, 111.

General Manager— Henry Crawford, Jr Chicago, 111. | Superintendent— H. Moore Anderson, Ind.

PRINCIPAL OFFICE AND ADDRESS Anderson, Ind.

CHICAGO AND WEST MICHIGAN RAILWAY COMPANY.

Main Line of Road.— La Crosse, Ind., to Traverse City, Mich 300.6 mile*.

f Allegan, Mich., to Pentwater, Mich 98.3

Big Rapids Junction to Big Rapids, Mich 51.5

Mears, Mich. , to Hart, Mich 3.3

Brookings, Mich., to West Troy, Mich 3.9

Branches : -{ Muskegon, Mich., to Kirk's Junction, Mich 11.9

Picand's, Mich., to Fruitport, Mich 1.8

Muskegon, Mich., to Port Sherman, Mich 5.6

Muskegon " North Horn Track " 2.2

[Lilley June., Mich., to S.ssons, Mich 2.4 — 180.9 miles.

Total length of lines owned and operated December 31, 1891 481.5 miles.

Sidings, etc., 172.37 miles. Gauge, 4 ft. 8| in. Rail (steel, 467.20 miles), 50, 56, and 60 Ibs.
History. — Consolidation, October 1, 1881, of the Chicago and West Michigan RR., the
Grand Rapids, Newaygo and Lake Shore RR., the Grand Haven RH., and the Indiana and
Michigan RR. of Indiana. (See MANUAL for 1884, page 593.)

During the year 1882 the Indiana and Michigan Ry., which is the Southern Extension of
the old C. & W. M. RK., was opened from New Buffalo to La Porte, 15 miles, about May 1,
and to La Crospe, 22 miles farther south, in December ; the Bluffton Branch was extendr-l

POOR'S MANUAL — CHICAGO AND WEST MICHIGAN RY. CO.

687

from Bluffton to Port Sherman, 1.3 miles, and the White River RR. from Crooked Lake to
i'toy, 4 miles. The Baldwin Extension of the White River RR. was completed and
open.-d for business December 9, 1888. In 1882 the stock of the White River RR. Company
was exchanged for bonds of this company, and during 1884 that company was dissolved, and
the accounts representing its cost to this company closed by transfer to construction accounts<
The stock of the consolidated company shows an increase over that of the C. & W. M. RR.
Co. of $64,5,800. which amount was issued for consolidation purposes. Of this increase $95,000
are held in trust for the benefit of this company, and $63,600 will be issued and held in the
same way when the outstanding stock of the old companies is presented for exchange.

The Chicago and Xorth Michif/on ER. is being built in the interest of this company from
Traverse City to Bay View, about 93 miles, and in March, 1891, Chicago and West Michigan
stockholders were given the right of subscribing to $1,675,000 of its first mortgage bonds,
guaranteed principal and interest by this company, and to $830,000 of its stock, guaranteed
same dividends as Chicago and West Michigan stock.

liolHiiir Stock, December 31, 1891. — Locomotive engines, 59. Cars — passenger, 38 ; bag-
gage, mail, etc., 24 ; freight (caboose, 27 ; box, 1,027 ; flat, 1,105 ; log, 24), 2,183— total, 2,245.
Also, 1 officer's, 3 tool, 1 pile-driver, 2 excavators, 5 snow-ploughs, 1 painter's, and 1 carpen
ter's car. In addition to above equipment the company leases 200 box cars from the West
Michigan Equipment Co.

Operations for year ending December 31, 1891. — See tabulated statement below.
Earnings.— Passenger $585,%3 35 Expenses.— Maintenance of Way, etc $332,073 78

Freight 1,105,851 11

Mail 40,061 16-

Express -24.377 18

Miscellaneous ... 1 ,300 00

Maintenance of Cars 111,661 41

Motive Power 62,087 61

Transportation 576,219 93

General and Taxes 149.756 97

Total ($3.650.16 per mile) $1,757,552 70 ' Total ($2,558.25 per mile) $1 ,231,799 70

Net earnings (29.91 per cent.), $525,753. Payments : Interest on bonds, $272,832.05 ;
dividends on stock (February 16, 2 per cent,, and August 15, 1-J- per cent.), $232,337 ; miscel-
laneous interest, $2,319.08— total, $507,488.13. Balance, surplus, $18,264.87. Surplus for-
ward,-$366,950. 94— total surplus, $385,215.81.

General Balance Sheet, December 31, 1891.

Construction, Jan. 1, 1891. $10,843,586 99

Credited during 1890 59,749 92— $10,783,83'

Equipment '

Chicago & W. Michigan RR. Stock Scrip.

Stocks held in Trust

Materials on Hand

Balance of Open Accounts

Cash, $76,488.10; Bills Receiv., $108,100..

Suspense Account

Union Trust Co.. New York.

Capital Stock (par, $100) £6,796,800 00

Muskegon Car Co. Property

West Mich. Park Ass. 6 p. c. Bonds

Chicago and North Michigan RR. Co

Subscribers to Blocks C. &, N. M. RR. Co. :

Amount Uncalled $658,350

Less Advance Payments 19,000— 639,350 00

Total Assets $14,740,882 77

07 I Funded Debt Outstanding 5,212,000 00

1,472,021 65 j Accrued Bond Interest 21.756 67

21 30 ! Unpaid Coupons 7,690 00

128,600 00 i Unpaid Vouchers 289,087 49

70.172 47 Michigan State Taxes 36,323 80

262,717 67 ! G.R.,N.& L.S.RR.Bds.. due not presented. 3,000 00

' Bills Payable 450,000 00

Unpaid Dividends 9 00

Rec'ts for Blocks (Sec'ties due Subscrib'e). 1,539,000 00

Income Account 385,215 81

184,588 10
20,141 52
1,480 00
15,904 98
6.000 00
1.156;048 01

Total Liabilities.

Statement of funded debt outstanding December 31, 1891 :

i Description of Bonds.

Date.

Due.

Interest.

Afloat. Charges.

1st Mtge. G. R..N. & L. S. RR., £500, etc., 10 miles. .
Consol. Mtge. C. & W. M. Ry., $1,000, 481.5 miles. .

June 1, 1875
Dec. 1, 1881

June 1. 1905
Dec. 1. 1921

7 p. c. J. & D.
5 p. c. J. & D.

$24,000 $1,680
5,188,000, 259,400

The G. K., N. & L. S. RR. 7 per cent, bonds are a first lien on the road from Newaygo to
White Cloud ; the consolidated 5s are a lien upon all the lines of the consolidated compsmy
(481.5 miles), subject to the above described mortgage on 10 miles of road. Of the total is:*ue
of $200,000 G. R., N. & L. S. RR. 7s, the company owns $176,000, leaving $24,000 outstand-
ing, as above.

During the past year $543,000 5 per cents were issued, and the proceeds used toward re-
tiring G. R., X. & L. S. RR. 8s, which matured July 1, 1891, and for construction and equip-

688

POOR S MANUAL OF RAILROADS.

merit expenditures ; total issue to December 31, 1891, $5,188,000, or $10,775 per mile, the
authorized limit being $12,000 per mile.

Statement of operations, capital account, etc., for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Railroad Operated (Aver.). .
Passenger Train Miles
Freight Train Miles
Passengers Carried
Passenger Miles

413.51
599,949
505,533
616,514
16,290,871
947,502
58,836,985

8

1,469,667
1,000,690

413.51 413.94
618,622 641,106
561,257 543.997
571,722 613,260
16,355,380 18,096,944
855,068 944,843
54,494.0581 58,886,707

• ! $

1,297,301) 1,395,980
948,513 1,025,498

413.94
638,198
569,483
585,211
17,385,053
916,060
62,255,765

$

1,414,022
1,064,629

408.40
644,196
546,512
687,679
19,667,587
936,270
60,125,433
$
1,417,801
1,046,901

370,900
3,678

408.40
669,103
5(30,908
079,070
22,849,720
883,892
58,441,037
8
1,374,833
1,018,466

448.50
748,054
648,600
704,496
20,412.079
1,101,214
77,697,060
$
1,606.418
1,042,624

481.5
796.010
696.439

25,140,381
1,271,458
85,568,197
$
1,757,553
1,231,800

Freight (.tons) Moved
Freight (ton) Miles

Gross Traffic Earnings
Expenses arid Taxes

Net Traffic Bantings
Add Interest Received

Available Revenue

468.977
2,217

348,788
4,072

370,4821 349,393
9,261 j 12,048

356,367

6,946

563,794
6,750

525,753

471,194
222,086
(4) 246.008
+ 3,100

3,554 13

2,419 99
1,13414
68. 09 p. c.
2.78 c.
1.60c.

6,796.800
8,832,500

352,860
224,080
(1+) 92,253
+ 36,527

3,137 29
2,293 81
843 48
73.11 p. c.
2.58 c.
1.50C.
$
6,796,800
3*645,000

379,743

225,024
(2^)153,755
+ 964

3,372 42
2,477 41
89501
73. 46 p. c.
2.52 c.
1.46 c.
8
6,796.800
3,874,000

361,441
232,253
(24)153,755
- 24,567

3,416 01
2,571 94
84407
75.29 p. c.
2.(51 c.
1.48 c.
S
6.796,800
4,020,000

374,578

234,718
(2) 123.004
+ 16,856

3,471 60
2,563 42

908 18
73.84 p. c.
2.55 c.
1.41 c.

S

fi,7'96,800
4,050,000

363,313

237,847
(2) 123,004
+ 2,462

3,366 39
2,494 04
87235
74.08 p. c.
2.17 c.
1.41 c.

6,796.800
4,246.000
91 000

570,544

245,816
(3) 191.266
+ 130,462

3,588 59
-,'.3-26 Wi
1,261 93
64. 90 p. c.
2.53 c.
1.32c.

6.796,800
5.230,000

275,151

(3^)232.337
+ 18,265

3,6.50 16
2,558 25
1,091 91
70.09 p. c.
2.83 c.
1.29C.

6,796,800
5,212.000
450,000
357,867
1,539,000
385,216

Interest Payments

Dividends Paid
Balance (+ or — ) for }:ear. .

Gross Earnings per Mile. . .
Gross Expenses per Mile. . .
Net Earnings per Mile
Expenses to Earnings
Av. Rate p. Pass. p. Mile ..
Av. Rate p. Ton p. Mile

Capital Stock

Funded Debt

Bills Payable and Loan*

Current Liabilities

160,074' 187,809

193,125

180,876

194,873
b34',026

228.255

8-,'4,600
23IK489

268,418

Rec. for Blks (Bds. Undeliv)
Income Balance

Total Liabilities . .
Railroad

234,99? 2~1,524

241* 78T

217,170

366,951

11,014.381
9,093,534
951,297
639,659
329,901

11,101.167
9,096.520
955.627
63'.),659
409,361

11,105,662
9,130,2(57
999,738
639,659
335,998

11,214,846 11,275,699
9,178,776 9,227,090
1,136,711 1,136,711
639,600' 616,600

259,759 295,298

12,423,144
9,266,308
1,186,499
616.600
909,547
494 190

12,(H5-2,169
10,843,587
1.391,114
128,600

298,868

14.740.883
10,783.837
1,472,022
' 128,600
561,026
639,350
1,156,048

Equipment
Other Investments. ...
Cash and Cash Assets.

Sub. to Blks
Chic & N Mich RR Co

Total Assets

11,014,381 11,101,167

11,105, W8

11,214,846

11,275,699

12,423,144

12,662,169

14,740,883

For statements of dividends paid by this company to the close of 1890, see MANUAL for
1891, and POOR'S HAND-BOOK OF INVESTMENT SECURITIES. A dividend of 2 per cent, and
one of H per cent, were paid on February 16, and August 15, 1891, respectively. A divi-
dend of 2 per cent, was paid February 15, 1892.

Annual meeting, third Wednesday in April, at Grand Rapids, Mich.; books close ten
days previously.

Directors (elected April 20, 1892).— H. H. Hunnewell, Charles F. Adams, Geo. 0. Shat-
tuck, Charles Merriam, N. Thayer, E. V. R. Thayer, A. H. Hardy, F. H. Damon, Boston,
Mass.; Charles M. Heald, Grand Rapids, Mich.

NATHANIEL THXYER, President Boston, Mass.

E. V. R. Thayer, Vice-President Boston, Mass.

Secretary <k Treas.—Ch&s. Merriam Boston, Mass. | General Manager— C. M. Heald. . .Grand Rapids, Mich.

PRINCIPAL OFFICE AND ADDRESS Grand Rapids, Mich.

Fiscal and Transfer Agency 50 State Street, Boston, Mass.

CHICAGO, BURLINGTON AND KANSAS CITY RAILWAY COMPANY.

Lines ot Road

m

Trackage Contracts

jViele, la., to Bloomfield Jet., la 59.70 miles.

"JMoulton, la., to Carrollton, Mo 121.29 miles.

j Viele, la., to Burlington, la 25.00 miles.

iMoulton, la., to Bloomfield Jet., la 14.11 miles.

Total length of lines operated December 31, 1891 220.10 miles.

POOR'S MANUAL OF RAILROADS.

etc. (owned, 11.99 ; leased, 0.29), 12.28 miles. Gauge, 4 ft. 8i in. Rail (steel, —
56 and 60 )bs.

History. — Organized August 16, 1881, by consolidation of the Chicago, Burlington and
Kansas City Ry. Co. of Iowa, and the Kansas City, St. Joseph and Burlington Ry. Co. of
Missouri. The company uses the tracks of the Chicago, Burlington and Quiucy RR., from
Viele to Burlington, 25 miles, and of the Wabash RR., between Moulton and Bloomfield
Junct., 14.11 miles.

Rollinir Stock.— Locomotive engines, 11. Cars — passenger, 3 : baggage, mail, and ex-
:', ; freight (box, 51 ; flat and coal, 104), 215 — total, 221. Also 7 caboose cars and 1
pile-driver.

Operations for year ending December 31, 1891. — Traffic statistics not reported. Earn-
•assenger, $72,709.51; freight, $241,306.20; mail, $18,960.17; express, $11,499.96;
other, $10,829.41— total, $355,305.25. Operating expenses— transportation, $96,344.74 ;
motive power, $12,070.75; maintenance of cars, $29,980.38; way and buildings, $77,-
359.90 ; general, $17,094.02— total, $232,849.79. Net earnings (34.47 per cent.), $122,-
455.46. Payments: Interest on debt. $112,826.02 ; rentals, leased lines, $6.772.80; taxes,
$14.414 52— total, $134,013.34. Balance, deficit, $11,557.88. Surplus from last year, $182,-
116.09— net surplus, $170,558.21.

Financial Statement, December 31, 1891.— Capital stock, $8,000,000 ; bills payable,
$820,000; current liabilities, $158,957.16 ; profit and loss, $170.558.21— total, $9,149,515.37.
Contra: Cost of road. $8,823,054.22; rolling stock, $164,877.23 ; stocks owned, $789.92 ;
other property and assets, $4,016.10 ; current accounts, $64,958.87 ; cash on hand, $91,-
819.03— total, $9,149,515. :-J7.

Annual meeting, third Wednesday in May, at Burlington. la.

Directors (elected May 20, 1891).— J. W. Blythe, W. W. Baldwin. H. B. Scott, \V. F.
McFarland. Burlington, la.; J. C. Peasley, Chicago, 111.

\V. W. BALDWIN. President Burlington, la.

J. C. Peasley, 1st Vice-President and Treasurer Chicago, 111.

Geo. B. Harris. 2d Vice- President .Chicago, 111.

U— H. E. Jarvis Burlington, 'la. | General Manager— W. C. Brown. St. Joseph. Mo.

PRINCIPAL OFFICE AND ADDRESS St. Joseph, Mo.

CHICAGO, BURLINGTON AND NORTHERN RAILROAD COMPANY.

>T,iii Tinf nf ttna<l • { Oregon> ll]-> to St- Paul- Minn ................. 317.88 miles.

Main Lines of Road . -( Fultoll> I1} ? to Savannah, 111 .................... 16.72 miles.

\Vinona Branch : East Winona to Winona, Minn ............................ ] .29 miles.

Dii\>nqiie Brunch : East Dubuque, 111., to Dubuque, la ....................... 0.53 mile.

Galena Branch : Galena Junction, to Galena, 111 ............................. 3.82 miles.

( Great Northern Ry. : Minneapolis to St. Paul, Minn ............. 10.72 miles.

Trackage : -j Illinois Centra? RR. : Portage Curve to Wisconsin State Line ..... 14.00 miles.

( Various other roads ......................................... 5.80 miles.

Total length of all lines operated, December 31, 1891 ..................... 371.11 miles:

2d track. 6.12 ; sidings, etc., 66.73 miles. Gauge, 4 ft. 8 A- in. Rail (steel), 66 Ibs.

History. — Chartered October 21, 1885, and road opened November 1, 1886. It has close
traffic relations with the Chicago, Burlington and Quincy and the Chicago and Iowa RRs. and
connects the system with the Northwest. In 1890 a controlling interest in this company was
acquired by the Chicago, Burlington and Quincy RR. Co.. by the purchase of a majority
i*(.M>':8,500) of its capital stock.

Rolliiiij: Stock, December 31, 1891.— Locomotive engines, 5(5. Cars — passenger, 22; bag-
gage, mail, and express, 10; freight (box, 2,419; platform, 99 ; stock, 285; coal, 492 ; caboose,

::.320 ; other cars, 4— total cars, 3,356.

Operations for year ending December 31, 1891. — Train mileage, passenger and freight
statistics not reported. Earnings— passenger, $399,555.23 : freight, $1,752.346.54 ; mail,
$36,442.82; express, $20,600.61 ; other, $15,258.71— total, $2,224,203.91. Operating expenses,
44

690 POOR'S MANUAL OF RAILROADS.

$1,300,519.84. Net earnings, $923,684.07. Payments : Interest on bonds, $690,325 ; on debt,
$9,733.81; trackage rentals, $111,087.23; taxes, $83,969.15— total, $895,115.19. Surplus,
$28,568.88. Deficit forward, $524,872.56— net deficit, $496,303.68.

General Balance Sheet, December 31, 1891.

Cost of Property, etc $21,062,814 23 i Capital Stock (par, $100) $9,384,000 00

Stocks and Bonds Owned 107.500 OC Funded Debt 12,706,000 00

Materials and Fuel 49,636 45 | Current Accounts. . . 377',895 25

Current Accounts 234,63831 Bills Payable 300,00000

Cash on Hand 230,850 67

Bills Receivable 2,150 00

Other Property and Assets 580,770 13

Profit and Loss 499,529 46

Total Assets $22,767.895 -25

Total Liabilities $22,767,895 25

Funded debt consists of $8,616,000 1st mortgage 5 per cent, coupon $500 and $1,000
bonds, dated December 1, 1885, and due April 1, 1926, interest payable April and October;
$935,000 6 per cent. 10-year $1,000 coupon debentures, due December 1, 1896, interest pay-
able Jane and December ; $940,000 7 per cent. 15-year $1,000 coupon equipment bonds, due
February 1, 1903, interest February and August; and $2,215,000 2d mortgage 6 per cent. 30-
year $1,000 coupon bonds, due June 1, 1918, interest June and December.

The \st mortgage bonds are secured on road and equipment, and also on all the stock and
bonds of the C. , B. and N. RR. of Illinois, the mileage of which is included in the above
statement. The Chicago, Burlington and Quincy and the Chicago and Iowa RR. Cos. guar-
antee for twenty years one-half of net earnings derived from traffic over the road, the amount
to be not less than $100,000 per annum, to be devoted to purchase or withdrawal, at 105, oi
these bond.«, which shall be exchanged at par for stock. The bonds are further subject
purchase on and after April 1, 1906, at 105, by giving six months previous notice. The 2c
mortgage bonds are secured on the same property as the 1st mortgage bonds, but are subject to
it. The bonds were issued to fund the floating debt, and $2,250,000 were reserved for the
debentures which could be exchanged for them till April 17, 1889. The authorized issue of
stock is $12,000,000, of which the trustees now hold $2,616,000 to be exchanged for 1st mort
gage bonds as they are bought and cancelled under the contract. Trustees : 1st mortgage
bonds, Henry Parkman, J. Malcolm Forbes, and Lucius M. Sargent; 2d mortgage bonds,
American Loan and Trust Co.. Boston, Mass. ; equipment mortgage, F. Peabody, Jr., E. V.
R. Thayer, Nathaniel H. Stone.

The debentures are subject to the 1st mortgage, and it is provided that any further
mortgage made by the company shall be limited to $10,000 per mile.

Annual meeting, second Wednesday in June, at La Crosse, Wis. Interest payable at

'Boston, Mass., and New York, N. Y. First mortgage bonds and debentures listed on New

York and Boston Stock Exchanges ; stock listed in Boston.

Directors (elected June 10, 1891). — Alexander Cochrane, J. Murray Forbes, W. Powell
Mason, Edward C. Perkins, Charles L. Young, Geo. P. Gardner, Nathaniel H. Stone,
Boston, Mass.

J. MURRAY FORBES, President Boston, Mass.

George B. Harris, Vice- President Chicago, 111.

Secretary— W. Y. Ladd Boston, Mass. | Treasurer— J. C. Peasley Chicago, 111.

PRINCIPAL OFFICE AND ADDRESS St. Paul, Minn.

CHICAGO, BURLINGTON AND QUINCY RAILROAD COMPANY.

Main Line of Road. — Chicago, 111., ma Pacific Junction to Denver, Col.. .1,024.20 miles.

Branches and Leased Lines 4,142.94 miles.

Used jointly with other companies 157.55 miles.

Total length of lines operated, December 31, 1891 5,324.69 miles.'

Average mileage operated during the year 5,284.77 miles.

691

692

POOR S MANUAL — CHICAGO, BURLINGTON AND QUINCY KR. CO.

3d track, 296.60 miles ; third track, 29.70 ; sidings— not reported. Gauge, 4 ft. 8A- in. Rail
(steel), 56 to 66 Ibs.

Statement in detail of the lines of the Chicago, Burlington and Qiiincy RR. Co. :

Chicago, 111., to Burlington, la. (incl. Union

Depot to Welden Station)

Galesburg to Quincy, 111

Galesburg to Peoria, 111

Yates City to Lewiston, 111

Aurora to Turner Junction, 111

Miles.

206.49
99.73
52.57
30.07
12.11

Gtolesburg and Rio RR. —
Galesburg to Rio, 111 12.22

Ottawa. 0$-wego and Fox River Valley II /.'. —
Geneva to Streator, 111 68.14

Illinois Valley and Northern RR.—
Streatar, 111., to Walnut, 111 58.73

Joliet, Rockford and Northern RR.—

Sheridan to Paw Paw, 111 19.58

Chicago and Rock River RR.—

Shabbona to Sterling, 111 48.15

Illinois Grand Trunk Ry.—

Mendota to Fulton, 111 65.38

Di.i-on, Peoria and Hannibal RR. —

Buda to Elmwood, 111 44.51

Pi-.oria and Hannibal RR.—

Lewiston to Rushville, 111 32.61

American Central Ry.—

Galva to New Boston, 111 50.59

Dijt'On and Quincy RR.— Junction with Am.

Cent. Ry. to Keithsburg, 111 6.23

Carthage and Burlington RR.—

Burlington, la., to Carthage, 111 30.41

Quincy & Warsaw RR.— Carthage to Quincy, 111. 39.95
Quincy. Alton and St. Louis Ry.—

Quincy, 111., to Louisiana, Mo., with branch
to Hannibal, Mo 49.77

.St. Louis, Rock Island and Chicago RR.—

Sterling to Rock Island, 111 51.93

Barstow to Alton June., Ill 214.63

Gladstone to Keithsburg 17.25

Alton J. to E. St. L. (joint I. &StsL. RR.) 20.60—306.77

Keokiik and SI. Paid RR.—
Keokuk to Burlington, la 42.28

Burlington and Mis.to/ni R. RR.—

Burlington, la., to Pacific June., Iowa 276.86

Chariton, la. to Leon, la 36.72

Chariton to Indianola. la 33.16

Creston, la., to Hopkins. Mo 44.61

Creston to Fontanelle, la 27.42

Villisca, la., to Burlington June., Mo 35.00

Hastings to Sidney, la 21.12

Red Oak, la., to E. Nebr. Cy., Mo., including

6.96 m. leased of and used jointly with the

K. C., St. Jos. & C/B. RR. Co 46.13

Pacific June, to Council Bluffs, la., including

16.52 m. leased of and used jointly with K.

C., St. Jos. & C. B. RR. Co 18.09

£t. Joseph and I)
Albany to St. Joseph, Mo

St. Joseph and Xebraxka RR.—
Napier, Mo., to June. Rulo Bridge

Wt-.xfern Iowa RR.—
Fontanelle to Cumberland, la

Alb-it i, Knoxville and Des Moines RR.—

Albia to Knoxville, la
Deft Moines and Knoxville Ry.—

Des Moines to Knoxville, la
Leon,, Mt. Ayr <m<( S. W. Ry.—

Leon to Grant City, Mo

Bethany Junction to Albany, Mo
Red Oak awl Atlantic Ry.—

Red Oak to Griswold. la

48.09
5.86
20.33
32.92
35.02

57.72
46.22

Clarinda, College Springs find S. W. Ry.—
Clarinda to Northboro1, la

ind Albia Ry.—

Albia to Moravia. la

Hastings and Avoca RR.—
Hastings to Carson City, la. . .

18.04
17.82
11.50
15.79

Wyoming Line to Gillette, Wyo .............. 100 .38

Newcastle, Wyo., to Cambria, Wyo

Miles.

Omaha and North Platte RR.— Omaha to

Schuyler, Neb .............. ............... 80.78

Omaha and Sontliu'fxtern J!R.—
Omaha to Oreopolis, Neb ____ 16 84

Crete to Beatrice, Neb ....................... 30.09

Xtbruxkii Ify.— Nemaha to York, Neb., includ-

ing Nebraska City Bridge Line ....... ...... 142. 65

Republican Valley RR.—
Aurora, Neb., to Colorado Line ........ 267.06

Amboy to Table Rock, Neb ........... 142.94

Beatrice to.Wymore ................. 11.87

Nemaha to Beatrice, Neb .............. 65 .at;

Nemaha to Salem, Neb ................ 17.60

York to Central City, Neb ............ 41 .52

Aurora to Grand Island, Neb .......... 18.51—565.06

Republican Valley. Kansas and So. Wn. RR.—
Republican to Oberlin, Kan .................. 78.23

Grand, Inland <n>d Wyoming Central RR. —
Grand Island to Wyoming Line ............ 401.52

Edgemont to Hill City, S. D ................. 59.86

Edgemont to Dead wood, S. D ............... 46.54

Minnekahta to Hot Springs, S. D ............ 13 .34

Grand Ixlarnl ami Northern Wyoming RR. —

1 .
7. MO

Atchixo-n. and Xf-brattka RR.—
Atchison, Kan., to Lincoln, Neb ............. 144.72

Rulo, Neb., to June, of St. J. & N. RR ...... 3.39

Lincoln and Xortltwestern RR. —
Lincoln to Columbus, Neb ................... 73.13

Burlington and Colorado RR.—
Wray Col. Line to Denver, Col ............. 174.89

Burlington <iml Mo. R. RR. in Nebraska — •
Pacific Junction to Kearney Junction ....... 195.47

Xfbraska and Colorado RR. —
De Witt to Colorado State Line ........ 298.32

Kenesaw to Oxford, Neb .............. 60.67

Fairmont to Hebron, Neb ............. 33 . 14

Edgar to Superior, Neb ............... 26.53

Hebron to Chester, Neb ................ 12.05—430.71

Chicago, Nebraska and Kanxax ItJt. —
Odell June, to Coucordia, Kan ..............

Lincoln and Black HUls RR.—
Central City to Ericson, Neb ........... 6'2.94

Palmer to Arcadia, Neb ............... 54.02

Greeley to Burwell, Neb ............... 40.92

Oxford and Kanxu* l!R.—
Orleans, Neb., to Kansas State Line ..... ....

Bf iiver Valley RR.—
Kansas State Line to St. Francis, Kan .......

Colorado and Wyoming RR. —
Junction with N. & C. RR. at Col. Slate Line
to June. Avitli C. & B. RR. at Wyoming
State Line ................................

Cheyenne and Burlint/ton RJ}. —
Wyoming State Line to Cheyenne, Wyo. . ...

Kanxfix City, St. Joxej>/t. and Council Bluff x RR.
Trackage— Napier to St. Joseph, Mo ...... . .

I)i-nrt-)\ I'inli and Pacific RR.—
Denver. Col., to Lyons, including 11.3 m.
leased from and used jointly with Denver,
Marshal] and Boulder RR ..................

Iii-/i>/blir(i)i Vull'-ii tin/l Wyoming RR. —
Culbcrtson to Palisade, Neb . .' ...............

70.38

157.88
59.61
74.37

144.58
29.01
3,~>. 71

Total.

.5,3-24.69

State of Illinois ....1,288.89

State of Iowa 786.10-

State of Missouri 155.85

State of Nebraska 2.22'.' . S 1

Stiite of Kansas 259.15

State of Colorado 366.41

State of Wyoming 136.3!)

State of South Dakota 168.62—5,324.1

POOR'S MANUAL — CHICAGO, BURLINGTON AND QUINCY RR. CO.

693

History. — For full sketch of corporate history of this company and of the lines pur-
chased or merged with it. statement showing the progress of construction on all lines, etc.,
reference should be made to the MANUAL for 1888, pp. 379-382.

In 1868 the company began the construction of numerous branch lines, which are nomi-
nally leased but really owned by the Chicago, Burlington and Quincy RR. Co., and are
wholly incorporated into its system. The roads thus built, in the order in which they were
added to the.Chicago, Burlington and Quincy System, are as follows :

NAME OF ROAD.

Length.

Date of Open-
ing.

When and How Acquired by C., B. & (}. System.

Americand Central

Keokuk and St. Paul

Peoria and Hannibal

Dixon. Peoria and Hannibal

Carthage and Burlington

Qnfocy and Warsaw. .

Ottawa. Osweiro and Fox Riv. Valley.
Aibia. Knoxville and Des Moines.. ." .
Illinois Grand Trunk.

Quincy. Alton and St. Louis

.is, Rock Island and Chicago*.

go and Rock River ,

50.59
42.28
32.61
44.51
30.41
39.95
OS. 14
32.92
65.38
49.77
286.17

48.15

April 25, 1869 Leased for 999 years from completion.

Oct. 27, 1869 Perpetual lease from completion.

July 18, 1869 ! Owned.

Feb. 1, 1870 Leased for 99 year* from completion.

Jan. 16, 1870 • Leased for 99 years from completion.

Dec. 25, 1870 \ Perpetual lease from completion.

May 1, 1871 Perpetual lease from completion.

Nov. 17, 1875 Perpetual lease from completion.

July 23, 1872 Perpetual lease from completion.

Dec. 22, 1871 ! Feb. 1, 1876. Perpetual lease at $42.000 per year.

Nov. 21. 1870 October 1, 1876. Perpetual.

I 0.67m. in 1871 'In 1871. by purchase of all bonds and a majority
•< 46.80m. in '72 of stock. Formerly opened between Shabbona
< 0.68m. in '83 and Rock Falls. 46.80 m., October 16, 1872, and
from Rock Falls to Sterling. 0.68 mile. October
8, 1883, and leased in perpetuity to the C., B. &
Q. RR. Co.

* Exclusive of lines operated under trackage contract. In 1876, 5.71 miles of line were built, and in 1880
6.59 miles, securing an independent line into Rock Island, the use of the Chicago. Rock Island and Pacific RR.
Co.'s line being discontinued at the same time.

(For "Contingent Liabilities" of the Chicago, Burlington and Quincy RR. Co., for
branch roads, reference should be made to General Balance Sheet ; for termini and length
of lines, see Mileage Statement, following.)

In addition to the mileage owned and operated directly by the C., B. »nd Q. RR. Co.
(see page 692), the company controls and practically owns the following lines : Hannibal
and St. Joseph RR. : St. Louis, Keokuk and Northwestern RR. : Chicago, Burlington and
Kansas City RR. : and the Kansas City, St. Joseph and Council Bluffs RR. ; and also owns
a half interest with the W abash RR. in the Humeston and Shenandoah RR., 113 miles.

'• The properties controlled by this company, whose operations and mileage are not embraced in this report,
consist of 1.112 miles of standard-gauge railroad, and 169 miles of narrow-gauge railroad owned, and 87 miles of
standard-gauge leased and operated jointly with other companies.

•• They earned <rross for the year 1891 : From freight, §4.645,327.44 ; passenger*. §1,803.855.22 ; mail, express,
and miscellaneous. $967,064.84— total, £7,436.247.50. The operating expenses and charges have been as follows :
Operating expenses, g4.607.552.56 : taxes. S151.672.57 : rent of tracks and depots, 8204.628.94 ; sinking funds.
•> : interest on bonds not owned by the C. B. & Q. RR. Co. $1, 1:38,118.28— total, g6.122.972.35.

•• Interest on debt owned by the C., B. & Q. RR Co., $854,118.19— total, «6. 477,090. 54. leaving net earnings,
$959,156.96. Add for interest and exchange, $12,592.35 : net receipts of H. & St. J. RR. land department, $29,-
528.49— total. $1,001,277.80. Out of which have been paid dividends on stock, S954.015.tJ8 ; surplus for the year.
$47.262.12.

•• Out of the above amounts paid for interest and dividends, the Chicago, Burlington and Quincy RR. Co. re-
ceived for interest on securities held by it. $864,118.19, and for dividends on stocks, $953.981.58. which are included
in the item u Dividends and Interest on the Securities of Controlled Roads," on page 694.

" The total debt of all these properties outstanding, not owned by the Chicago, Burlington and Quincy RR.
Co., December 31, 1891, was $16,887,000."'

In the MANUAL for 1888, on page 382, was given a statement showing the additions
made to the system from 1878 to 1887 ; and in the MANUALS for 1889, 1890, and 1891, the
subsequent yearly additions to the close of 1890 were shown. In 1891, a net increase hi 108.-
11 miles was made to the system. In Nebraska, the Republican Valley and Wyoming RR.
was extended from Beverly to Pilisade, 8.51 miles, opened December 22, 1891 : the Grand
Island and Northern Wyoming RR., in Wyoming, was extended from Merino to Gillette,
47.89 miles ; and to the Grand Island and Wyoming Central RR. were added branches from
Edgmont to Deadwood, S. D., 46.54 miles, and from Minnekahta to Hot Springs, 13.34
miles: the former opened January 28, 1891, and the latter July 3, 1891. Total added, 116.-
28 miles. Deducting mileage from Barstow to coal mines at Cleveland, 111., 2.36 miles ;
fr»m Tower Junction to coal mines at Tower, Col., 3.70 miles ; and from Mitchell to the
Mitchell coal mines, Col., 2.11 miles, all of which is now operated as side track, leaves a net
increase of 108.11 miles. Added to the 5,216.58 miles in operation at the close of 1890, this.
makes the mileage in operation December 31, 1891, 5,324.69 miles, as shown in detail below.

694

POOR S MANUAL — CHICAGO, BURLINGTON AND QUINCY RR. CO.

The following amounts were expended for construction and equipment during the year
ending December 31, 1891 :
Construction.

C., B. & Q. and branches in Illinois

$522,868 12

C., B. & Q. and branches in Iowa 3,738 07

B. & M. in Neb. and branches 290,501 59

Repub. Val. & Wyom. RR 61,456 61

Grand Island & Wyom. Central RR 1,045,757 93

Grand Island & No. Wyom. RR 636,222 29

Total.

.$2,560,538 61

Construction (continued}.
Add for discount over premium on C., B. &
Q,. bonds issued, less discount on bonds
purchased for sinking funds and cancelled $321,475 65

Total cost of construction.
Add cost of equipment. . . .

.$2,882,014 26
759,029 83

Total Construction and Equipment $3,641,044 09

Rolling Stock, December 31, 1891.— Locomotive engines, 750. Cars— passenger and
combination, 386 ; dining, 8 ; baggage, mail, and express, 145 ; freight (box and stock, 21,-
962 ; platform and coal, 5,967), 27,929— total revenue cars, 28,468. Also, 376 way, 11 officers',
9 wrecking, 15 boarding, 5 pile-driver, 1,447 band, and 1,077 rubble and iron cars — total
service cars, 2,940. Total of all cars, 31,408.

Operations for year ending December 31, 1891. — See tabulated statement.

Earning?.— Passenger |$6,729,809 45 Expenses.— Maintenance of Way & Bldgs. $3,451,559 99

Freight 18,369,82124 Rolling Stock 2,955,79986

Mail, Express, etc 2,816,497 09 Transportation, Taxes, etc. . . 12,141,897 68

Total ($5,282.14 per mile) $27,916,127 78 Total ($3,509.79 per mile) $18,549,257 53

Net earnings (33.55 per cent.), $9,366,870.25 ; add dividends and interest on securities of
controlled roads, $1,308,099.77 ; other interest and income, $63,527.15 ; net receipts land
grant B. & M. R. RR. in Neb., $156,847.93— total, $10,895,345.10. Payments: Interest on
bonds, $5,817.266.08; rents of tracks and depots, $230/280.54; transfers to sinking funds,
$764,838.73 ; dividends (4i per cent., see statement below), $3,246,685.50— total, $10,059,-
070.85. Surplus, $836,274.25 ; surplus forward, $11,248,431.14— total, $12,084,705.39.
General Balance Sheet, December 31, 1891.

Construction and Equipment :
M'n L., Dec. 31, 1890. .$112,511,861 63

Expended, 1891 1,297,449 37— $113,809,309 00

Branches, Dec. 31, '90. 71,664,569 49

Expended, 1891 2,343,596 72- 74,008,166 21

Materials on Hand for future use 1,000,352 65

Cost of Investments in Chicago and Iowa;
Hannibal and St. Joseph ; Kansas
City, St. Joseph and Council Bluffs ;
Chicago.Burlington and Kansas City;
St. Louis, Keokuk and Northwest-
ern ; Humeston and Shenandoah ;
Chicago, Burlington and Northern ;

and other Railroad Securities 30,751,958 89

Sundry Investments 2,209,846 74

Trustees of Sinking Funds, showing the
Cost of Uncancelled Securities held

in Sinking Funds 14,577,407 13

Accounts, Balances, Cash, etc 5,997,300 91

Capital S I ock $76,393,000 00

B. & M. R. (Iowa) Stock. 1,905 00- $76,394,905 00

Funded Debt (see details below) 109,711,200 00

Contingent Liabilities, Branch Lines .... 4,720,280 84

Accounts and Sundry Balances 4,456,968 96

Profit and Loss 6,637,62280

Renewal Fund 9,000,000 00

Income Account 12,084,705 39

Sinking Fund (see below) 19,348,658 54

Total Assets $242,354,341 53 Total Liabilities $242,354,341 53

The following statement shows, in detail, the cost of uncancelled securities in the vari-
ous sinking funds. Total (as per general balance sheet), $14,577,407.13.

Trustees of B. & M. R. RR. (la.) LM Grant
Bds. Cost of Investment in other than
B. & M. R. RR. (la.) Land Grant Bonds. $7,501, 889 06

Trustees of C., B. & Q. 5 p. c. Bonds of 1895:
Cost of Investment in other than C., B.
& Q. 5 p. c. Bonds of 1895 229,848 86

Trustees of C., B. & Q,. 5 p. c. Bds. of 1901 :
Cost of Investment in other than C., B. &
Q. 5 p. c. Bonds of 1901 927,266 95

New England Trust Co., Trustee of C., B.

& Q. 4 p. c. Bonds of 1921 535,456 40

New England Trust Co., Trustee of C., B.

6 Q. 4 p. c. Bonds of 1922 $973,663 74

New England Trust Co., Trustee of B. &

M. R. RR. in Nebraska 6 p. c. Bonds. . . . 3,043,nn-2 ;:,
New England Trust Co., Trustee of B. &

M. R. RR. in Nebraska, 4 p. c. Bonds. . . 1,044,773 1 1
New England Trust Co., Trustee of Repub-
lican Valley RR. 6 p. c. Bonds 224,10,- 9:5

Trustees of Lincoln and Northwestern RR.

7 p. c. Bonds 96,600 30

POOR'S MANUAL — CHICAGO, BURLINGTON AND QDINCY RR. CO.
Statement of operations, income and capital accounts, etc., for seven years :

695

1885

1886

1887

1888

1889

1890

1891

Miles of Head. Doc. 31 ...
,f Trick

3,646.04
L556«48
2,485.01
3,581.88

598

112
21.984
8,888

5.1.34,312

4,036. af
4,753.2:-
3,111.2:
8,748.99
619
899
118
88,064
2,403
.V213..m-

8,534', 708

4,693.88

i

.-,.141.17

5,216.56

5,324.69

f su-el Kail

8,981.89

4.2:!!). 17

891

118

2.750
5,750,848

9,752'.325

4.304. (X
4,886.79
689
354
184
25,729

5,968,148
9,056,665

- Operated.
..otive Engines.. ..
r'T ( 'ars

4. '.'tis, s:}
709
357
134
26.729
2,906
•5,1%. 131
268,778.494
9,815,030
1,752.248.595

510
18,190.817
2,363,985

5,160.44

727
377
141

2,946

5,284.77
750

145
27,929
2,948

. Cars
• < ars
Orhrr Cars
• 'arried
'ITS One Mile ... .

2'.tt..Vi->. ISO --.NH.343.4fl3
i, '978,896,694 i,"8W.:.

6,369.646 6,729,809
18,843;i04 18,369.821
2,513,217 2,816,497

Ton* Freight Moved
Ton- Krei"ht One Mile

8.431, 808

_rers Earnii a
Frei"hr Earnings

5,286,408 5.633 261
19.565.853 19,367,935
l.?04,164| 1,727,112

$

6,629.859

l-i.H7o.tJ55
2:270,564

6,146.121
15,484,0:35
2,159,012

Other Earnings

Traffic Earnings ...
::ng Expenses.'

ifh'c Earnings
Other Rec'ts, Lands, etc.
Balance on Hand ... .

26,556,425
14,405,767

12,150,658
1,578,229
10 876.920

26,728.408
14,491. 683

27.576,078! 23,789,168
16,097,9131 18,882,460

26.778.312
17,690,547

27,725,967
18,749,699

27.916,127
18,549,257

12,236.725

1,462.113
12,367,370

11,478,165 4,906,708
1,426,138 578,157
13,7413.972 15,248,127

9,087,765
964,307
10,916,702

8,976,268
9S4.490
11,550^867

9,366,870

1 .52x.47r>
11,248,431

Available Eevenue.

24,605,807
187,171
4.294,263
6,010,572
1,000,000
646.430
12,367,370
', .520 23
3,928 30
3,591 93
54.25 p. c.

76,384,525
70.913,508
6,011,000
0.77(3.741
6,223,636

26,066.208
153.215
4.391 .004
6,110.722
1,000,000
670.295
13,740.!»7'2
7,140 90
3,871 67
3. 269 23
54.22 p. c.

76,386,525
73,528,708
6,011,000
4,094,518
6,567,879

26,645,275 20.732,992
198,1 6S 193,709
4,587,762! 5,111.527

6,lll?nt>4. 3,819.578

20,968,774
192,119
5,425.611
3,U55,704

21,511,625
206.078
5.491.992
3,819,630

22,143,776
2:30,281
5,817,266
3.246,685

Kent of Tracks
Interest on Bonds. . .
Dividends

Renewal Fund
Sinking Fund

500,154
15,248.127
6,505 33

691,476
10.916.702
4.sy5 90
3.886 08
1,009 82
79. 37 p. c.

76.393.505
92,753.708
6,918,281

3,776,831
6,466,469
3,230,000
10,916,702
9,000,000
14.820,413

744.473
ll.55d.867
5.389 07
3.560 18
1.828 89
66. 06 p. c.

76.394.505
100.479.508
6,366,781
4,665.616
6,616,214

lY.550,'866
9,000,000
16,310,291

745.492
11.248,431
5.373 25
3.633 66
1.73959
67.6-^p. c.

76,394,505
106,739,202
4,720,281

4,375,9>:6
6,451,582

' 'lY. 248'. 131
9,000,000
17,847,890

12,084,705
5,28214
3.50979
1.77235
66. 45 p. c.

76.394.905
109,711,200
4.720,281
4,456,969
6,637,623

'12,084,765
9,000,000
19.348,659

Balance, Surplus
Darnings per Mile. .
Gross Expenses per Mile.
Xet Earnings p^r Mile . . .
Expenses to Earnings

Capital Stock

2.707 75
58. 38 p. c.

76.392,505
85.255,708
6,011,000
5,920,743
6,426,706

"'15,248.127
9,000.000
13,427,204

Funded Debt
Cont. Liabilifs (Br. Li's).
Bills. Ac'ts & Sund. Bal..
Profit and Los.-,
Bills Payable

Income Account

12,367,370'
8,000,000;
10,538,9911

13,740,972
9,000,000
12,062,9:35

.Renewal Fund

Sinking Funds

Total Liabilities...
Construction and Equip. .
iction Branches.
Materials on Hand
Sundry Trusts
Investments. Cost
Current Accounts, etc. '. '. '.
Ca>h in Treasury, ere

Total Assets

193.215,771
105,458,857
41,291,734
1.858,025
8,331,197
26,920,963
6,291,466
3,063,529

201,391,637
107,269.863
47,642.679
1,814,187
9,651.268
26,685.953
5.901.380
2,426,357

217,681,993
109.744,896
60,299.190
2,738,500
10,804.491
26,554,104
5,403,661 1
2,137.151

224.269,709
111.266,401
64,070.726
2,579,791
11.766.512
27,467.684
4,620,230
2,489,365

231,383.781

111.459.970
68,250,330
1,304,279
12.786,780
27,678.285
3,360,316
6,543,821

236,777. $27
112,511.8(1-2
71,664.569
1,698,440!
13,813.9:361
31,142.014
3,671,187
2,275,819 [

242.354,842
113,809.309
74,008.166
1,000.353
14,577.407
32,961,806
3,180,537
2,816,764

193,215,771;

201,391,637

217,681,993

224,269,709! 231,383,781

236,777.8-27

242,a54.342

The funded debt of this company on December 31. 1890, including contingent

liabilities for its branch roads, was $111,459,482 70

There were issued during the year 1891 —

C., B. & Q. consol. 7s of 1903 '. $502,000 00

C., B. & Q. 4s of 1927 (Nebraska Extension) 3,252,OUO 00

Total $3,754,000 00

The reductions during the year were —

C., B. & Q. scrip issued for H. & St. J. RR. stock. . $1 86

C. , B.& Q. 5s of 1895 (A. K. & D. M. RR.), s. f ., canc'd 18,000 00

<"'., B. & Q. 4s of 1919 (la. Div.), s. f., cancelled. . . . 213.000 00

C., B. & Q. 4s of 1927 (Neb. Ext.), s. f., cancelled. . 327,000 00

B.&M.R.RR. (la.) Land Grant 7s of 1893, s. f., canc'd 223,600 00

€., B. & Q. 5s of 1903 converted ii.to stock 400 00— $782,001 86

Net increase of funded debt during the year $2,971,998 14

Total funded debt, December 31, 1891 $114,431.480 84

696

POOR'S MANUAL — CHICAGO, BURLINGTON AND QUINCY RR. CO.

Statement showing- stocks and bonds, gross and net earnings, interest and dividend pay-
ments for nineteen years :

YEAR ENDING DECEMBER 31.

Capital
Stock.

Bonded
Debt.

Conting't
Liabili-
ties
Branch
Roads.

Gross

Earnings.

Net
Earnings .

Interest
Paid.

I ) I V 1 I ) 1 : N i > - 1 ' A 11 1

Per

cent.

Amount.

1873

26,429,563

•->6.<;39.oi3

27,512,842

27,598,242
87,644,917
27,956,S17
31,004,457
64,418,197
55,337,449
69.649,697
71,941,247
70,450,147
76,384,525
76,386,525
76,392,505
76 393 505

18,855,575 6,756,000
20,879,075 (i.r«V.MHiO

ai,(itw..">;o r,,s77.oiH>

22,986,325] 4,515,000
86,122,825 4,482,000
27,058,725 ! 3,31.1.000
27,270,225 3.233.000
44,093,9251 10,324,800
51,927,725 7,195,000
62,421,050' 6,227,000
71,384.491 6,024,000
71,144,608 6,016.000
70,913,5081 6,011.000
73,528,708 6,011,000
85,255,708 6.011.000
1*2. 753.708 «5,912.2S1
100.47') o( 18 (5,366,781
106.739:202 4:720,281
109-711,20(1 4,720.281

$
11,405,226
11,645,317
11,738,448
12,003,950
12,530,875
14,113,503
14,779,715
20,454,495
21,176,456
21.550,805
26; 110,369
25,483,612
26,556,425
26,7'28,408
27,576,078
2:i.7W».J68
26.778,313
27,7'25.<I67
27,916,128

4,970,458
5.131.80:,
5,308;326
5,243,094
5,352,561
6,085,893
7,043,555
10,484,547
9.946,968
10;il8,070
12,469,386
11,253,262
11,963,486
I2,os3,f,10
11,478,165
4.906,708
9,087,765
8,976,268
9.366,870

|

1.966,300
1,958,892

2,014,7'()9
1,991,901

2,139,911
2,155,972

2.110,<»38
8,282,718

3,430,454
3,8^3,789
4.093,005
4.304,281
4,294,263
4,391,004
4,587.7(12
5,111,527
5. 425. Ml
5,491.992
5,817,266

10
10
10
10

O

10
9*

8
8

s

8
5
4
5
4*

2,661,089
2,685,536-
2,749,066
2,479,716
2,212,827
3,081,985

5,56(5,580
6,010,572
6.110.722
6,111,064
3,819,578
3,055,704
3,819,680
3,246,68ft

1874...

1875

1876

1877
1878

1879

1880

1881
1882

1883. ..

1884

1885. ..

188(5
1887

1888

1888

76.391.505
76,394,505
76,394,905

IS'.tO .

1891

Statement showing the dates, rates, and amounts of all cash dividends paid on the stock
of the Chicago, Burlington and Quincy RK. Co. daring the past five years. (For statement
of dividends paid since organization, see POOR'S HAND-BOOK OF INVESTMENT SECURITIES.).

1887 p.C.

$

1888

p.C.

$

1889

P.,

1890

p.c.

$

1891

p.c.

s

Mch. 15

2

1,527,718 .Mch. 15

2

1.527,8.%

'Mch. 15

1

763,926

Mch. 15

1}

954,907

Mch. 16 1

June 15

2

1,527,76* June 15 1

703,916 June 15

1

763,926!

June 16

11

954,907

June 15 1

763.926

Sept. 15
Dec. 15

2

2

1,527.768
1,527.810

Sept. 15
Dec. 15

1

763,916
763,916

Sept. 16
Dec. 16

1

1

763,926
763,926

Sept, 15
Dec. 15

H
1*

954,907
954,907

Sept. 15
Dec. 15

7(i3,!»26
954,907

During its existence the company has paid (to the close of 1891) a total of eighty-eight,
regular cash dividends, aggregating 276 per cent., or $86,312,030.

The following distributions of stock were also made: November 15, 1862, $946,900;.
May, 1864, $745,600 ; October 31, 1865, $1,675,300; September 15, 1867, $2,079,800; March
15, 1869, $1,254,390— total stock dividend, $6,701,990.

Statement of funded debt ($109,711,200), December 31, 1891 :

Bonds Chicago, Burlington and Quincy JtJt. Co. ($85,227,701.86). Issued'. Afloat.

(1) Seven per cent. Bonds, due January 1, 1896, interest January and July $7,015,000 £547,500-

(2) Seven per cent. Bonds, due July 1, 1903, interest January and July 17,500,000 17.500.000

(3) Five per cent. Bonds, due June 1, 1895, interest June and December 462,000 330,000-

(4) Five per cent. Bonds, due October 1, 1901, interest April and October 2.500,000 2.316,000

(5) Five per cent, Bonds and Scrip, due May 1, 1913, interest May and November 9,000,000 9,000,0(X>

(6) Sinking Fund 5 per cent. Mortgage Bonds (Iowa Division) ( due October 1, 1919 } 3,000.000 2,892,000

(7) Sinking Fund 4 per cent. Mortgage Bonds (Iowa Division) ~t int. April and Oct.. )" 10.591,000 8.366,000

(8) Sinking Fund 4 per cent. Bonds (Burl, and Southw'n lilt. ), due Sept, 1, 1921 4,300,000 4,300.000'

(9) Sinking Fund 4 per cent. Mortgage Bonds (Denver Ext.), due February 1, 1922 7,968,000 7.968,000

(10) Sinking Fund 4 per cent. Mortgage Bonds (Nebraska Ext.), due May 1, 1927 . . 28,652,000 27 .:>•

(11) Convertible 5 per cent. Debenture Bonds, due Sept. 1, 1903 '.. 7,63!».2<ki SHOO

Bonds Burlington and Missouri R. RE. Co. in Iowa ($4,192,500). Issued. Outstanding-

(12) Land Grant 7 per cent. 1st Mtge. Bonds, due Oct. 1, 1893, interest April and Oct. . $5,0: - 53.902.iWO-

(13) Convertible 8 per cent. Bonds, due July 1, 1894, interest January and July 900,000 66,000

Bonds Burlington and Missouri h' /,'/,'. Co. in Xcbraxka ($17.31<),000i.

(14) Consolidated Mortgage 6 per cent, Bonds, due July 1, 1918, interest ,Iun. and July. $12,894,000 -(.»4,000

(15) Four per cent. Bonds, due January 1. 1910, interest January and July 3.347,000 3,34:

(16) Sinking Fund 6 per cent. Mortgage Bonds (Rcpub. Valley), due July 1, 1919 1,078,000 1.078,000>

POOR'S MANUAL — CHICAGO, BURLINGTON AND QUINCY RR. CO. 697

Following is a detailed description of the several issues of bonds as given in above table:

.hese are for $1,000 each, and are coupon with privilege of registration, interest payable at the com-
•:iice in Boston, or at tin- Hank of Commerce. New York. N. Y. They are plain bouds and issued in is; 2 ;
January 1. !S«.Mi.

onsolidated mortage coupon $1.(NX) bonds, secured on <s25.2."j miles of road in Illinois, subject to prior

es. for tin- redemption of which, and other purposes, tin- balance of the authorized issue of S30.000.0W of

:\rd. Any part of the $3'UMMu»'N> may be. at the discretion of the directors, issued in gold

i;-. ; none have been issued. Principal of coupon bonds can be registered. Trustees : Sidney Bartlett. .John \V.
11. Hollis llunnewell. Boston. Mass. Interest payable at National Bank of Commerce, New York, and
a- r,,.^ion. Ma<s. Listed on New York Stock Exchange.

1'liese bonds were issued for the Albia. Knoxviile and Des .Moines when that road was acquired. They
• cd on the line from Albia to Knoxville. 3 >.'.» miles. They are §1,000 coupon bonds, redeemable by action

nd. Principal and interest payable at the company's office in Boston.

(4) These bonds were issued for the St. Louis. Hock Island and Chicago RR. when that road was acquired.
00 coupon bonds, dated October 2. IST'ii. redeemable by the action of the sinking fund, principal and
Buyable at the company's, office in Boston. These bonds are secured by $2J>00,UOO St. 1- - R. I. ^ <

;s. deposited with the trustee. The last named road (2TO miles in length) has been leased to the
(_'.. 1'-. A; ^. KK. Co. for 2.") years with rene\vais. the lessee paying an annual rental of $175j.M>. reserving from
sufficient to pay interest on bonds, and pay the balance to the New England Trust Co.. which contracts
to apply it to a sinking fund, and to buy. semi-annual ly, at or under par and interest, bonds of this ispne. Trus-
tee. New England Trust Company, Boston, Mass. Listed on the New Y'ork and London Stock Exchanges : also
quoted at Glasgow.

>onds ($9,000,000) and bond scrip ($157.86) were issued for Hannibal and St. Joseph RR. Co. stock.

They are $1.000 debentures, and are coupon with the privilege of registration. These bond? are not secured

by any mortgage upon the property, nor is there any sinking fund provided. L,isted on New Y'ork Stock Exchange.

These are $1,000 bonds, and are coupon with privilege of registration. They are secured by a trn<t

_•• on 78? miles of road in Iowa at the rate of $16,000 per mile of single track, main line, and $14,000 per

double track, subject to $4.915.250 prior moiTtra<:es. airainst which the trustees hold an equal amount of

.securities in the sinking fund. Annual sinking fund of 1J per cent, on bonds issued, to be applied to purchase

of 5 per cent, bonds at not exceeding 5 per cent, premium and accrued interest, or of 4 per cent, at not more than

par and accrued interest : bonds to be drawn at 105 and at par respectively in case of an insufficient ofierinir. A!!

the bonds are dated October 1, 1879. and mature October 1. 1919. Bonds can be registered at the Bank <

merce. New Y'ork. or at the company's office. Boston. Trustees : George Tyson. Francis Bartlett. and William

Y*. Ladd.

i'hese bonds were issued in 1SS1 for the acquirement of the Burlington and Southwestern RR., now

Chicago, Burlington and Kansas city RR. They are dated September 1. issi. $1,000 coupon bonds, interest pay-

.rch and September at the National Baiik of Commerce. New Y'ork. New England TinstCo.. Boston.

.'rustee. Sinking fund of one per cent, per annum, payable in August, for purchase of bonds at par and

accrued interest, any deficiency to be drawn by lot. Listed on New Y'ork Stock Exchange.

; 'hese bonds are not a'mortgage on the railroad of this company, but are its direct obligation, secured by
an equal amount of 5 per cent. 1st mortgage bonds of the Republican Valley RR. Co.. extending from Beatrice.
Neb., to Nemaha City, li'.i miles ; from Blue Springs to Nemaha City. 59 miles, and from the westerly line of
Red Willow Co. to westerly line of Dundy Co., 73 miles— total. 201 miles, and the Burlington and Colorado RR.
nding from Wild Co., Col., to "Denver, Col., with branch from main line to coal fields, 30 miles— total.
2Tn miles, equal to 401 miles of railroad of those companies, at the rate of not exceeding $20,000 per mile of single
track and $10.000 per mile additional of double* track, and which are held by the New England Trust Co.. trustee.
There is a sinking fund of one per cenr. per annum for the purchase, semi-annualiy. January and July, of bonds
at the is^ue at par and accrued interest, any deficiency to be drawn by lot. They are §1,000 coupon bonds, interest
payable at the National Bank of Commerce. New Y'ork. and at Boston, Mass. Trustee. New England Trust
.'.o-ton. Mass. Listed on New Y'ork Stock Excha;

These bonds are $1.000 coupon, dated May 2. 1SS7, with a privilege of registration of principal, but not
of coupons, in sums of $5.000 : authorized issue being limited to $20,000 per mile of main track and $10.m.>0
per m:le additional for second track. Total authori/ed issue. $45,000,000. They are not a mortgage, but are
secured by deposit aggregating $8,000,000 of first mortgage bonds of Nebraska branch roads, at the rate of $20.-
000 per mile. There is a sinking fund of 1 per cent, per annum, for the retirement of the bonds, provided they
can b • bought at 110 and accrued interest : but there can be no drawing of bonds or compulsory retirement. In-
teresr payable at Bank of Commerce, New Y'ork and Boston. Trustee, New England Trust Co., Boston, Mass.
Listed on the New Y'ork and London Stock Exchanges.

(11» These bonds are for $100 and $500 eachfand are dated September 1. 1S90. They are convertible into
stock at any time within twelve years after December 1, 1890. The proceeds were applied to refunding and new
•construction. Interest payable March and September, at New Y'ork. N. Y'., and at the company's office. Boston,
•M8. Listed on the New Y'ork Stock Exchange.

i'hese bonds are secured on 277.9 miles of railroad and 400.000 acres of land. They are $50. $100. $500.
and $1,000 coupon bonds, interest payable at the company's office in Boston. Mass., and at the office of the Farm-
ers1 Loan and Trust Co.. New Y'ork, N. Y'.

(13> These are first mortgage convertible bonds, 6th series, secured on 39.29 miles of road, from Red Oak to
Hamburg. $500 and $1.000 each and coupon, interest payable at company's office in Boston. Mass.

(14 1 These are $500 and $1.000 bonds, dated 1*7S". and are secured on 628 miles of road, interest payable at
Bank of Commerce. Boston. Mass. Authorized issue, $14.000,000 : sinking fund. $30,000 per annum." Of the
Amount outstanding $5,000,000 are "exempt.'' These bonds are redeemable at 100. but this for the exempt bonds
applies only after 1908.

These are $1,000 coupon bonds, interest payable at the office of the trustee, the New England Trust Co.,
Mass.

These are $1,000 coupon bonds, secured on 89.90 miles of road, and are dated 1879 ; interest payable at
National Bank of Commerce. Boston. Ma-s.

The contingent liabilities for branch lines ($4,720,280.84) are as follows :

Issued. Outstanding.

:tawa. Oswego and Fox River Valley RR. Ss. payable July 1, 1900 $1 .260.000 $l,07rt,000 00

Uruaha and Southwestern RR. 8s, payable June 1, 1896 1,034,000 6t>9 000 00

-ebraska Railway 7s. payable October 1. 18% 1.836,000 349,00000

Atchison and Nebraska RK. 7s. payable March 1, 1908 1.125,000 1,125,00000

Atcmson and Nebraska RR. 2d 6s, payable December 1, 1927 901,280 84

Lmcoln and Northwestern RR. -. f. 7s, payable January 1, 1910 600,000 600,00000

The differences of amounts issued and the amounts outstanding have been exchanged
for other bonds, or purchased on account of the several sinking funds.

698 POOR'S MANUAL OF KAILROADS.

Land Department. — The Iowa grant, made under the Act of May 15, 1856, and acquired
by a consolidation with the Burlington and Missouri Railroad, consists of six sections per
rnile. The Nebraska grant, made under Act of July 2, 1862, and acquired by a consolidation
with the B. & M. RR. of Nebraska, consists of 20 sections to the mile of line. The Iowa
lands are all sold and the accounts closed.

The sales in Nebraska in 1891 were 14,184.59 acres for $119,060.40, an average of $8.39
per acre ; lands reverted, 31,757.67 acres, representing $202,797.59 ; leaving, as the net
results of year's operations, an increase of 17,573.8 acres in unsold lands. Cash receipts in
1891, $183,902.63 ; disbursements— taxes and tax expenses, $14,482.82 ; legal expenses,
$4,510.43 ; salaries and office expenses, $5,615.98 ; advertising and commissions, $2,445.47 —
total, $27,054.70. Surplus paid treasurer, $156,847.93. Assets, December 31, 1891.— Prin-
cipal, represented by contracts on hand, $401,861.11 ; interest, represented by contracts on
hand, $61,869.07; due from tax delinquents and other assets, $8,326.58; town lots unsold,
Firth, $2,000, and 93,400 acres unsold land, estimated at $4 per acre, $373,600— total, $847,-
656.76 ; or less partial payments ($10,938.78), $836,717.98.

Board of Directors, Chicago, Burlington and Quincy Hit. Co,, elected May, 1891.

F. W. Hunnewell Boston, Mass. I T. Jeff. Coolidge. Manchester, Mas?.

William Endicott, Jr. " " I Edw'd W. Hooper. Cambridge, Mass.
Richard Olney " " I J. N. A. Griswold. . .New York City.

John M. Forbes Boston, Mass.

Charles J. Paine " "

John L. Gardner " "

Peter Geddes '.., New York City, j Charles E. Perkins Burlington, Iowa.

Executive and Finance Committee : John L. Gardner, Chairman; John M. Forbes,
Charles J. Paine, William Endicott, Jr., Francis W. Hnnnewell.

JOHN M. FORBES, Chairman Board of Directors Boston, Mass.

CHARLES E. PERKINS, President . Burlington, la.

1st Vice-Pres. <fe Treas.— Jas. C. Peasley... Chicago, 111.

2d Vice-President— George B. Harris

General Auditor — John L. Lathrop " "

Secretary— Thomas S. Rowland Boston, Mass.

Actg. C6inpt.& Cl'k of Hoard— W.J.Ladd.
Assistant Treasurer— A. G. Stanwood " "

PRINCIPAL, OFFICE AND ADDRESS Chicago, 111.

( James L. Carter, Company's Office, Boston, Mass.
;fer Agencies ( National Bank of Commerce, New York, N. Y.

CHICAGO, DETROIT AND CANADA GRAND TRUNK JUNCTION
RAILWAY COMPANY.

line of Road.— Detroit Junction, Mich., to Fort Gratiot, Mich 59.37 miles*

Sidings, etc., 25.79 miles. Gauge, 4 ft. 8| in. Rail (steel, 59.87 miles), 65 and 67 Ibs.

History.— Chartered March 18, 1858. Road opened in November, 1859. Leased and
operated by Grand Trunk Railway Co. of Canada, which supplies rolling stock, and advances
any deficiency in net income to meet interest and dividend payments.

Operations for year ending December 31, 1891.— Train mileage— passenger, 157,619 ;
freight, 78,733; mixed, 43,329— total, 279,681 miles. Passengers carried, 269,593; carried
one mile, 5,825,876; average mile rate, 2.54 cents. Tons freight moved, 271,867; moved
one mile, 8,611,490 ; average ton-mile rate, 1.09 cents.

Karningg.— Passenger $148,305 06

Freight 94,457 91

Mail and Express 20,110 34

Miscellaneous 1,305 83

Total ($4,449.70 per mile) $264,179 14

Expenses.— Transportation $62,778 74

Motive Power and Cars 126,041 60

Maintenance of Way 49,560 04

General... 14,50381

Total ($4,320.08 per mile) $256,484 19

Net earnings (2.91 per cent.), $7,694.95. Payments : Interest on bonds, $65,700 ; divi-
dends on stock (4 per cent.), $43,800— total, $109,500. Deficit, $101,805.05, advanced by
lessee.

Financial Statement, December 31, 1891.— Capital stock paid in, $978,984.67. Funded
debt, $1,786,141.46 1st mortgage 6 per cent. 20-year $100 bonds, July 1, 1884, interest pay-
able quarterly, January, April, July, and October. Total, representing cost of road and
equipment, $2,765,126.13.

POOR'S MANUAL OF RAILROADS. 699

Annual meeting, last Wednesday of September. Interest payable at London, England.
This company has paid semi-annual cash dividends of 2 per cent, each on first days of June
and December each year since 1863.

Directors (elected in September, 1891).— L. J. Seargeanfr, Robert Wright, Montreal,
Que. ; John Bell, Belleville, Ont. ; E. W. Meddaugh, W. J. Spicer, Detroit, Mich.

L. J. SEARGEANT, President Montreal, Que.

John Bell, Vice-President Belleville, Ont,

Secretary— Robert Wright Montreal, Que. | General Manayer—W. J. Spicer Detroit. Mich.

Attorney— E W. Meddaugh Detroit, Mich. | Accountant— James H. Muir Detroit, Mich.

PRINCIPAL OFFICE AND ADDRESS .Detroit, Mich.

Transfer Office Detroit, Mich., aud London, Eng.

CHICAGO, ST. PAUL, MINNEAPOLIS AND OMAHA RAILWAY CO.

Main Line of Road.— Elroy, Wis., to Omaha, Neb 592.89 miles.

Other branches, divisions,' and extensions 888.72 miles.

Total (C., St. P., M. & O. Ry., 1,373.90 ; leased, 65.69 ; proprietary, 42.02). 1,481. 61 miles.

Average miles operated during the year 1,466.53 miles.

2d track, 20.79 ; sidings, 352.18 m. Gauge, 4 ft. 8| in. Rail (steel, 1,289.13 m.), 56, 60, and
65 Ibs.

Statement of mileage as operated by divisions :
Eastern Division.

Elroy, Wie., to St. Paul, Minn 196.47

St. Paul to Minneapolis, Minn 10.10

Stillwater Junction to Stillwater, Minn. 3.30
St. Croix Drawb'ge to Stilhv. Switch . . 4.55
River Falls Junction to Ellsworth. Wis. 24.82
West Eau Claire to Shaw's Mill, Wis . . 2.74
Merrillan to Marshfield. Wis. . 38.67—280.65 m.

Northern Dirinon.
North Wig. Junction to Bayfield, Wis. 178.24

Ashland Junction to Ashland, Wis 4.38

Aehland Shore Line 1.31

Eau Claire to Spooner, Wis 81.51

Superior Junct., Wis., to Dnluth, Minn. 73.04—338.48 m.

St. Paul and Sioux City Division.

St. Paul. Minn., to Sioux City, la 268.96

Minneapolis to Merriam June., Minn. . 27.00

Lake Crystal to Elmore, Minn 43.48

Heron Lake to Pipestone, Minn 55.10

SiouxFallsJunc.,Minn..toMitchell,S.D. 130.73

Luverne, Minn., to Doon, la 28.00-553.27 m.

Nebraska Division.

Missouri River to Omaha, Neb 123.06

Sioux City Bridge Co.'s Track 3.90

S. C. Union Depot to Bridge Track 0.50

Coburn to Ponca, Neb 16.33

Emerson to Norfolk, Neb 46.50

Wakefield to Hartington, Neb 33.76

Wayne to Bloomfield, Neb 43.14—267.19 m.

PROPRIETARY ROADS. — Menornonie By.

Junction to Menomonie, Wis 3.01

Junction to Cedar Falls, Wis 2.01— 5.02 m.

Savlt Ste. Marie & S. 11". Ry. (Eastern Dh\).
Fairchild to Mondovi, Wis 37.00 m.

Of the mileage as given, 25.20 miles of the Illinois Central RR., from Le Mars to Sioux
City ; 27 miles of the Minneapolis and St. Louis, from Minneapolis to Merriam Junction ;
11.4 miles of the Great Northern Ry., from. East Minneapolis to St. Paul, and 1.59 miles of
the Northern Pacific RR. (bridge) near Duluth are leased or operated under traffic contracts.

The mileage was increased in 1891 by the completion of the lines from Randolph to
Bloomfield, Neb., 21.46 miles, opened January 1, 1891, and from Neillsville toMarshfield. \Vis.,
23.30 miles, opened April 1, 1891 ; by purchase, April 1, 1891, of the Sault Ste. Marie and
Southwestern Ry., 37 miles ; and by remeasurement of old lines and additions of leased track
not before included, 5.5 miles ; a total of 87.26 miles.

History. — The company was organized June 1, 1880, by the consolidation of the Chicago,
St. Paul and Minneapolis and the North Wisconsin Railway Companies, and subsequently
purchased the St. Paul and Sioux City Railroad. (See MANUAL for 1888, page 841.) Included
m the main line are 5.20 miles, from St. Paul to Mendota, which are owned jointly with the
Chicago, Milwaukee and St. Paul Ry. Co. Controlled by the Chicago and Northwestern Ry.
Co.— statement for which see.

Rolling- Stock, December 31, 1891. — Locomotive engines, 246. Cars— passenger (1st

700 POOR'S MANUAL — CHICAGO, ST. PAUL, MINNEAPOLIS AND OMAHA EY. CO.

class, 63 ; 2d class, 25), 88 ; parlor, 4 ; dining,' 2 ; passenger and baggage, 21 ; baggage and
express, 85; mail, G; mail and express, 14;- freight (box, 5,177; flat, 2,134; stock, 393;
•charcoal, 34 ; ore, 50 ; caboose, 112), 7.900 : officers', 2 ; other, 59 — total cars, 8,131.
Operations for year ending December 31, 1891. — See tabulated statement below.

Ear n ings.— Passenger $1,956,981 91

Freight 5,718,28129

Mail 149.392 01

Express 104,935 49

Miscellaneous 91,721 31

Total ($5,594.60 per mile) §8,021,312 01

Kxponses.— Maintenance of Way $1,434,444 33

Maintenance of Equipment. ... 7'82,??6 70

Conducting Transportation 2,506,483 24

Miscellaneous 424,11505

Tuxes '.... 298.294 93

Total ($3,798.49 per mile) §5.440,114 25

Net earnings (32.10 per cent.), $2.575.197.76. Payments : Rentals, $89,021.53 ; net in-
terest on bonds, $1,346,827.34 ; dividends on preferred stock (June 6, 1891, 2 per cent, ; De-
cember 2. 1891, 3 per cent.), $562,840; logs in operating proprietary roads, $16,971.98 — total,
$2,015,660.85. Surplus, $559,536.91 ; surplus forward, $421,755.13— total, $981,292.04. Add
balance of land income from last year, $6,214,428.99 ; and balance of land income for 1891,
(28.31. Total surplus, $7,664,449.34.

Operations, capital accounts, etc., for seven years ending December 31 :

1885

1886

1887

1888

1889

1890

1891

Miles of Railroad

1 334 59

1 360 31

1 394 40

1 389 33

1 389 33

1 389 33

1 481 61

Average Operated
Miles of Track
Miles of Steel Rail
Locomotive Engines. . . .
Passenger Cars
Baggage, etc., Cars
Freight Cars

1,323.39
1,532.02
860.84

ISfi
82
39
5,221

1,340.21
1,524.26
935.64
194
93
47
5 789

1,376.98
1,604.24
993.94
209
98
51
6 754

1,389.33
1,078.58

1,028.09
235

104
51

7 (>S->

1,389.33
1.700.37
1,100.88
235
104
51
7 682

1,389.33
1,708.9(3

1,176.70
235

104
51

1,466.53
1,854! 58

1,289.13
246
115

55
7 400

Passenger Train Miles..
Freight Train Miles
Passengers Carried

1,442,884
2.475.602
1 (115 133

1,714,616
2,447,734
1 144 493

1.845.763
2,896,092
1 365 887

1.822,927
2,790.779
1 364 740

1,739.666
2,790,126

1 418 920

l,90i;961
8,156,558

1 4 "33 795

8,840,486

1 635 54°

Passenger Miles

Freight (tons) Moved . . .
Freight (tons) Miles....

P.-isseiiirer Earnings. . . .
Freight Earnings
Mail, Express, and Misc.

47,504.48*)
2,089,640
816,868,008

1,305,515
4,255,398
253,897

54,663.635
2.2W.335
374,037,737

- 1,413,218
4,466,734
273,315

66,711,317
2,884,392

435,373,718

1,748,225
4.902,910
889,78?

66,52.-). •,>'.':!
2,475,222
396,310,425
$
1.647.947
4,447,587
315.604

67,'202'316
2,480,534
411,151,034

$

1,687.909
4,405,450
324,499

cs. 630.451
3.036. -156
481.397,895

8

1,677,130
4,845,392

325,798

77,8.58,044
3,047,500

509,884,886

1,956,982
5,718,281
346,049

Total Gross Earnings.
Oper. Exp. and Taxes. . .

5,814,810
3,721,151

6,153,267

3,848,575

6,940,87'2
4,633,614

6,411,138

4,648,158

8,417,857

4,484,412

6,848,320
4,788,569

8.021.31-2
5,446,114

Net Traffic Earnings
Other Receipts.

2,093,659
721,996

2,304,692
741 066

8,807,258

654 501

1,762,980
506 062

1,933,445
561 426

2.059,751

586 785

2,575,198

Total Income

•2.815,655

3,045,7'58

2,961.759

2 °ii'.) i)42

2 494 871

2 646 536

2 575 108

Rentals
Net Interest on Bonds . .
Dividends

62,982

1,301,089
(6) 675 408

117.009
1.2r,3.<><)7

r.) i;;5408

82,288
1,298,002
(6) 675 408

81,265
1,309.7:34

(4) 45(i •>7->

81,035
1,323,614
(4) 4">o •)7'-)

85,482

1,280.228
(4) 450 "7°

89,022
1,846,827

(5) 5(i'( W4()

Loss Proprietary Roads.
Balance. Surplus

12.525

763.651

9.624
979.720

8,409

897,652

10,010
417.761

9,609
630341

7,80S

823 305

16,972

559 537

Gross Earnings per Mile.
Gross Expenses per Mile
Net Earnings per Mile..
Expenses to Earnings. . .
Av. Rate p. Pass. p. Mile
Av. Rate p. Ton p. Mile.

Common Stock . . .

4,393 87
2,811 83
1,582 04
63. 99 p. c.
2.75 c.
1.27c.
$
21,403,293

4,591 27
2,841 77
1,749 50
62. 55 p. c.
2.60 c.
1.19 c.

21,403,293

5.040 65
3,302 38
1,663 42
66.76 p. c.
2.62 c.
1.14 c.

21,403293

4,614 55
3,344 46
1,257 20
72. 50 p. c.
2.48 c.
1.13c.

$

21 403 293

4,619 39
3,226 45
1,379 74
69. 88 p. c.
2.52 c.
1.07c.

21 403 293

4.92!) 23
3,446 68
1.48255
(19. 92 p. c.
2.46 c.
1.01 C.
$
21 403 203

5,594 60
3.7<)S 49
1.796 11
67. 90 p. C.
2.51 c.
1.12 c.
$
•'I 403 203

Preferred Stock
Funded Debt
Bonds Guaranteed
Current Accounts
Profit and Loss

12.646,8:33
22,339,970
75,000
1.225,079
2.SS7,40S

12,646,833
22,620,092
75,000
1,277,274
3,867,124

12,646,833
23,112.234
75.000
1,4(56,911

4,764,777

12,646.833
23,427,476
75,000
1,295,559
5,182,538

12,646,833
23,427,476
75,000
1,328,178
5,812,880

12.646,833
23,427,980
75,000
1,207,980
6,636,184

12.646.S33
23,773.5r><i
475,000
1.463.1)50

7.1164,449

Total Liabilities
Construction & Equip..
Advances, etc.

60,577,580

52.091,218
657 648 j

61,889,616
53,15(5.508
1 241 816

63,469,048
55,031,135
1 469 948

64.030,699
56,110,037
1 256 985

64,693,660
56,366,329
1 044 790

65,397,270

58,i3-.'.4:.f;
1 085 580

67,426,181
58.941 .367
1 WO 0*'rt

Stocks, Bonds, etc
Materials and Fuel
Bills Receivable
Due from Railroads, etc.
Cash on Hand

4,722,297
57'6,722:
63,733
254,632
2,211,330

4,807,733
520,645
642
87,126
2,075,146

5,305,671
697,939
8,406
79.659
876,280

4,'465,976
624,600
8,151
28,840
1,536,110

4,480,095
617,798
8,140

2,176,508

4,481,666
6M,1SJ
600
13,043
1,0*7,804

4,431,543

618.4.50

772

l',773,98i

Total Assets

60,577,580!

61,889,616

63,469,048

64,030,699

64,693,660

65,397,270

67.l2»i,181

POOR'S MANUAL — CHICAGO, ST. PAUL, MINNEAPOLIS AND OMAHA RY. CO. 701

General Balance Sheet, December 31, 1891.

Construction and Equipment $58.941.367 04

Consul. Mtge.Bond Scrip due from C.T.i !d. ">r, -,'o

- and Bonds on Hand 4.490,786 61

Materials and Fuel 618.450 43

Bills Receivable 772 26

Cost of Securities Prop'y and Other Co.'s. 129.335 65

Minneapolis Eastern Ky 173.125 00

Advances to Proprietary Roads 897.607 12

\f. & S. W. Bonds Guaranteed .... 400.000 00

Cash on Hand . . 1.773.980 53

Common Stock and Scrip. $21.403.293 35

Preferred Stock and Scrip. 12.646.833 31— $34.050,126 66

Funded Debt Outstanding 23,742.800 00

Bonds Guaranteed. 4:5,00000

Bonds and Scrip Owned by Company 30.756 23

Coupons Bue Jan. 1. 1891. and Past Dne. . 80,206 50

Interest Accrued on Bonds not yet Due. . . 191.448 34

Audited Vouchers and Pay Rolls 503,826 30

Taxes for 1891, Payable in F.. M.& A., 1892 259,006 11

Dividend No. 32, Payable Jan. 20, 1892. . . 337.704 00

Dividend No. 31, Unpaid 1000

Balance of Various Accounts 90.847 42

Income Account Balance 7,664,449 34

£ Total A-sets..

S67.426.180 90

Total Liabilities $67,426,180 90

Stocks and bonds on hand comprise— C., S., P., M. & 0. st«ck. $4, 230,786. C4 ; St. Paul
Union Depot stock, $70,000 ; S. P., S. & T. F. RR. Depot bonds, $30,000 ; Minnesota Trans-
fer, 1st mortgage, $110,000 ; Sault Ste. Marie and Southwestern Ry., 1st mortgage, $50.000.

Land Department. — The company acquired, through the Chicago, St. Paul, and Minne-
apolis, the North Wisconsin, and other lines, and by transfer to it under an Act of the Legis-
lature of Wisconsin, passed in February, 1882, of 453,000 acres originally granted to the
CHICAGO, PORTAGE AND SUPKEIOK RR. Co., a land grant aggregating 1,448,619 acres. The
company held, at the close of the year, land contracts and bills receivable for lands sold
amounting to $1.100,103.29. There were sold during the year 110,231.54 acres for $628,-
031.8.', an average of $5.70 an acre ; town lot sales, $1,858.30. On December 31. 1891, theie
remained undisposed of from the several grants, 496,962.66 acres.

Statement of funded debt December 31, 1891 :

INTEREST.

CHARACTER OF BONDS.

Date

Mature.

•

Amount

Rate
p. c.

Payable.

!

Is- 1 Mortgage Gold Currency. Sr. P. & M
let Mortgage Currency. North Wis. Rv
1st Mortgage Currency. H. & K. F. RR.
l«t Mortgage Gold, St~ P. & S. C. RR.. .

-Ry

May 9.
Jan. 1.
Julv 1,
July 1.

ISIS Mav
1SHO Jan.
1878 Julv
1S79 Apr.

1918
1930
1908
1919

6
6
8
6

1 May & Nov.
Jan. & July
, Jan. & July
April & Oct.

$3.000,000 00
800,000 00
125.000 CO
(5.070.000 00

1st Mm-tgaire Currency, St. P.. S. & T. F. RR
St. Paul Depot Currency. St. P., S. & T. F. RR

Jan. 1,
Oct. 1,

1*7K Jan.
1873 June

1908
1903

i

10

Jan. & July 1 334.800 00
April & Oct. 30.000 00

< tons. Mtge. B'ds and Scrip, Cy., C., St.P

,M.&O.Ry

June 1.

1880 June

1930

6

June & Dec.

13,413,756 23

Total

*•>« rra =^<; •>•*

Bonds Guaranteed by the Company :
1st Mortgage Currency. M. E. Ry
1st Mortgage Currency, S. St. It! & S.

w.'Ry.::::

Jan. 1,
Nov. 1,

1879 Jan. 1
1890 Nov. 1

1909
1915

5

' Jan. & Julv
May & Nov.

75.0CO 00
400.000 00

Preferred stock is entitled to 7 per ceDt. non-cumulative dividends ; but common is never
to receive more than is paid on preferred. Par value per share of stock, $100.

The Chicago, St. Paul and Minneapolis first mortgage bonds are secured on the line from
Elroy. Wis., to Lake St. Croix, Wis., 177.70 miles, including the bridge over the St. Croix
River, and also upon the West Wisconsin land grant, of which 185,276.84 acres remain
unsold. The bonds are in coupon form, but may be registered at the office of the Farmers'
Loan and Trnst Co., New York. Bonds numbered 1 to 2.500 are for $1,000 each ; No*.
2,501 to 3,500, $500 each ; all gold bonds. Trustee, William H. Leonard. Listed on the New
York Stock Exchange.

The North Wisconsin bonds aie for $1,000 each, in coupon form, and are secured on the
line from Lake St. Croix to Bayfield, Wis., 165 miles, and upon a land grant of which 161,-
169.84 acres remain unsold. Trustee, Central Trust Co., New York. Listed on the New
York Stock Exchange.

The Hudson and River Falls bonds are in coupon form, for $1,000 each, and are secured
on the line from Hudson to River Falls, Wis., 12.5 miles.

702 POOR'S MANUAL OF RAILROADS.

The St. Paul, Stillwater and Taylor's Falls first mortgage bonds are in coupon form, for
$500 and $1,000. They are secured on the line from St. Paul to Still water, 18.75 miles, and
branch to Hudson, 3 miles.

The St. Paul and Sioux City bonds are secured on the line from St. Paul, Minn., to Le
Mars, la., 243.76 miles ; from Missouri River opposite Sioux City to Omaha, Neb., 123.06
miles ; from Coburn to Ponca, Neb., 16.33 miles; and on the branch in Minnesota from Still-
water Junction to Stillwater, 3.30 miles. They are also a second mortgage on the lines from
St. Paul, Minn., to Stillwater, Minn., and branch to Hudson, Wis., and from Hudson to River
Falls, Wis., iu all 34.25 miles. The bonds are for $1,000 gold each, in coupon form, with
provision for registration. Principal payable at the Metropolitan National Bank, New York.
Trustee, Central Trust Co., New York. Listed on the New York Stock Exchange.

The consols are issued at the rate of $15,000 per mile, a sufficient amount being reserved
to retire all other issues. They are for $1,000 each, in coupon form, with provision for
registration, and are secured on the entire property of the company, subject to prior liens.
Trustee, Central Trust Co., New York. Listed on the New York Stock Exchange.

The bonds issued on the St. Paul Union Depot are all held in the company's treasury.

Annual meeting, first Saturday after the first Thursday in June, at Hudson, Wis.
Registrar of stock, Central Trust Co., New York. Interest and dividends payable at the com-
pany's New York office.

MENOMONIE RAILWAY.— Menomonie Junction, Wis., to Menomonie City, Wis., 3.01, and Menom-
inie Junction, Wi*., to Cedar Falls, Wis., 2.01— total length, 5.02 miles. Sidings. 2.47 miles. Gauge, 4 ft. 8^ in.
Rail (steel, 0.73 miles), 50 Ibs. Locomotive, 1 ; combination car, 1. Chartered May 13, 1879. Owned by the C.,
St. P., M. & O. Ry. Co., whose statement see. Financial Statement,, June 30, 1891.— Capital stock, $79.500;
funded debt, 1st mortgage 6 per cent. 20-year bonds, due January 1, 1900, interest January and July, $50,000 ; un-
funded debt, $86,947.20— total, $216,447.20. Contra : Cost of road and equipment, $129,500 ; profit and loss, $86,-
947.20— total, $216,447.20. E. W. WINTER, I>resident, St. Paul, Minn.: E. E. Woodman, Secretary, Hudson, Wis.;
R. W. Clark, Treasurer; L. A. Robinson, Auditor, St. Paul, Minn. PRINCIPAL OFFICE, Hudson, Wis.

Board of Directors, C. St. P., M. &. 0. Ry. Co., elected June 6, 1891.

Albert Keep Chicago, 111.

Marvin Hughitt " "

J. H. Howe St. Paul, Minn.

Edwin W. Winter ... "

John M. Whitman Chicago, 111.

John A. Humbird. . .St. Paul, Minn.

David P. Kimball Boston, Mass.

M. L. Sykes New York, N. Y.

ChaunceyM.Depew.NewYork.N.Y

Cornelius Vanderbilt "

Wm. K. Vanderbilt..

H. McK. Twombly.. "

Executive Committee.— Marvin Hughitt, Albert Keep, Chauncey M. Depew, Cornelius Vanderbilt, Wm. K.
Vanderbilt, M. L. Sykes, and David P. Kimball.

MARVIN HUGHITT, President Chicago, 111.

M. L. Sykes, Vice- President, Treasurer, and Asst. Sec. . . .New York, N. Y.

Secretary— E. E. Woodman Hudson, Wis. ! Auditor— L. A. Robinson St. Paul, Minn.

General Manager— Edwin W. Winter . .St. Paul, Minn. | Asst. Treasurer— S. O. Howe New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS . . . .Cor. Fourth and Rosabel Sts., St. Paul, Minn.
New York Office 52 Wall Street. | Chicago Office 22 Fifth Ave.

CHOCTAW COAL AND RAILWAY COMPANY.

- --, (So. McAlester, I. T., to Wister Junction, I. T. 64.7 miles.

Main Lines of Road : j Fort RenQ to Oklahoma City 32.0 miles.

Branch : Alderson to Mine 0.8 mile.

Total length of lines in operation, January 1, 1892 97.5 miles.

Sidings, etc., 6.5. Gauge, 4 ft. 8£ in. Rail (steel), 67 Ibs.

History. — Chartered February 18, 1888 ; road completed as above in 1891. Projected
easterly to Little Rock, Ark., and westerly to Albuqurque, N. M., with branch to Denison,
Tex. Receivers appointed January 8, 1891.

Rolling Stock, January 1, 1892. — Locomotive engines, 6. Cars — passenger, 2 ; combi-
nation, 2 : freight (box, 10 ; flat, 25 ; coal, 100), 135 ; caboose, 2— total cars, 141. In addition
the company leases 400 coal cars.

Operations. — All information refused.

Financial Statement, June 30, 1890 (latest furnished).— Capital stock (par, $50) author-
ized and issued, $3,750,000 ; funded debt consists of 1st mortgage 6 per cent. 30-year $1,000
gold bonds, due January ] , 1920, interest January and July ; amount authorized, $10,000,000,
— $20,000 to be issued for each mile of completed road. The bonds issued are held as
collateral only. On the appointment of the receivers, certificates to the amount of $500,000

POOR'S MANUAL OF KAtLKOADS.

703

were issued, due December 31, 1891. There are also $200,000 6 per cent, car trusts. Annual
meeting in January, at Minneapolis, Minn.

Directors (elected January 13, 1892). — Charles Hartshorne, John B. Garrett, Samuel G.
De Coursey, Alan H. Reed, Jacob A. Wolverton, George B. Kirkbride, John C. Sims, William
C. Alderson, Frank G. Rogers.

EDWIN- D CHADICK, I So McAlest L T

FRANCIS I. Go WEN, )

FRANCIS I. GOWEN, Acting Receiver Philadelphia, Pa.

CHABLES HARTSHORNE, President Philadelphia, Pa.

Sec. far Receirtrs— Allen R. Boyd..So. McAlester, I. T. | Treasurer— William C. Alderson Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS So. McAlester, I. T.

CINCINNATI, HAMILTON AND DAYTON RAILROAD COMPANY.

Main Line of Road. — Cincinnati, O., to Dayton. 0 59.93 miles.

Leased j Dayton ,-iml Michigan RE. : Dayton, O.. to Toledo, 0 142.10

Lines : \ Cincinnati, Day ton and Ir onion RR. : Dayton to Ironton, 0. . .191.50 — 333.60 miles.
( Cin., Ham. & Indianapolis RR.: Ham'n, O., to Ind'p, Ind. 98.90
| Columbus, Findlay and Northern : Deshler to Findlay, 0.. 17.60
Proprietary J Bowling Green RR. : Tontogany to North Baltimore, O... 21.00

Lines : | Piqua and Troy Branch RR. :*Piqua to Troy, 0 8.30

I Cincinnati and Dayton RR. : Middletown to Hamilton, O. 14.00

[(7m., Dayt&n and Chicago RR. : Dayton to Delphos, O... . 98.27—258.07 miles.

Total length of all lines leased and owned, December 31, 1891 651.60 miles.

2d track, owned, 27.8; sidings (owned, 56; leased, 88; proprietary, 44.3), 188.3 miles.
Gauge, 4 ft. 8$ in. Rail (steel), 60 and 67 Ibs.

History.— Chartered March 2, 1846, and road opened September 30, 1851. The leased
and proprietary lines were added ou the following dates : Dayton and Michigan, May 1,
1863 ; Cincinnati, Hamilton and Indianapolis, November 26, 1872 ; Columbus, Findlay and
Northern, in 1880 ; Bowling Green RR. and Piqua and Troy Branch, in 1887 ; the Cincin-
nati and Dayton RR. in 1888 ; Toledo, Findlay and Springfield Ry. (15 miles), added to Bow-
ling Green RR., December 1, 1890, and the Cincinnati, Dayton and Irontou and the Cincin-
nati, Dayton and Chicago RRs. , May 1, 1891.

Rolling Stock, December 31, 1891 (entire system). — Locomotive engines, 132. Cars —
passenger, 108; baggage, mail, and express, 20; postal, 3; freight (box, 3,468; stock, 100;
flat, 397; coal, 2,951 ; caboose. 42), 6,958 ; wrecking, 7— total cars, 7,096.

Operations for year ending December 31, 1891 (entire system). — Train mileage — passen-
ger, 1,921,141; freight, 1,700,970; other, 1,451,558— total, 5,073,669 miles. Passengers car-
ried, 4,232,757; carried one mile, 81,294,711; average mile rate, 1.92 cents. Tons freight
moved, 5,031,269; moved one mile, 332,169,270 ; average ton-mile rate, 0.85 cent.

Comparative statement of earnings and expenses in detail for years ending December 31,
1890 and 1891 :

EARNINGS.

1890

1891

EXPENSES.

1890 1891

Passenger
Freight . . .

1,371,09706
2,256,624 47
62.967 17
108,437 13
97,32549

1,563,03048
2,821,691 64
72.604 78
126,695 39
74,791 45

• Transportation

1 282,404 30 1,622 582 68

Maintenance of Equipment .
Maintenance of Way, etc. . .
General

326,604 01 387,617 33
320,602 15 442,010 96
340.898 35 383,733 91
106,13016 141,22747

Mail

Express

Miscellaneous

.Taxes.

Total Earnings
Net Earnings.

Total Expenses

3,896,451 32

4,658,813 74

.. 2,376,63897 2,977,17235

. 1,519,81235 1,68164139

1

Net earnings as above, $1,681,641.39. Payments: Interest on bonds (C. H. & D. RR.,
$263,790 ; D. & M. RR., $137,460 ; C. H. & I. RHI, $126,000 ; C. D. & I. RR., $39,200), $566.
450 ; dividends on preferred stock (C. H. & D. RR., $63,782.66 ; D. & M. RR., $96,900), $160,-
682.66 ; dividends on common stock (C. H. & D. RR., $200,000; D. & M. RR., $83,886.25),
$283,886.25— total, $1,011,018.91. Balance, surplus, $670,622.48.

704

POOR'S MANUAL— CINCINNATI, HAMILTON AND DAYTON HE. CO.

Statement of operations, capital account etc., C., H. & D. RR. proper, for nine years :

1883

March 31.

1884

March 31.

1885 1886

March 31. March 31.

1

1887

March 31.

1888

March 31.

1889

March 31

2,021,878
32,245,566
1,664,250
63,012,475
$
1,324,878
697,442

1890

March 31.

1891

Dec. 31.

Pass. Carried. . . .
Pass. Miles
F'g't(tons^)Mov'd
Freight(ton)Mls.

Gross Earnings. .
OperatingExpen.

Net Earnings . . .
Interest

11

t£

S
1,162,755

831.622

1,290,364

23,187,684
1,332,038
54,866,291
$
1,199,590
781,779

1,357,994
23,480,488
1.365,443
54,675,515
$
1,109,093
712,635

i 1,541,347
24,574,1 £ 6
1,373,031
; 52,678,058

1,113,715
664,518

1,724,839
25,781,443
1,448,903
52,935,173

1,180,360
688,007

1,877,117
27,700,595
1,616,544
60,628,464
$
1,259,964
636,188

2,098,508
28,392,397
1,686,701

61,161,316

S
1,261,179
673,634

2,603,461

38,270,767
2.127,741
86.498,892
$
1,614,600
890,600

331,133
195,740
(6) 210,000

417,811
187,720
236,482

396,458
186,075
236,940

449,197
175,760
236,940

492,353

193,755
35,239
8,330

19,695 65
11.480 17
8^15 48
58. 29 p. c.
1.69 c.
1.15 c.
S
3,066,967
1,947,218

623,776
263,289
40,000
73,199

247,288

21,023 93
10,615 52
10,408 41
50. 50 p. c.
1.76 c.
1.06c.

4,193,197
2,037,272

627,436
267,515
46,405
47,923"
265,593

22,107 09
11,637 61
10,469 48
52. 65 p. c
1.59 c.
1.08 c.

S

3,478,387
2,091,386

587,545
265,170
60,874

724,000
263,790
263,783

Dividends

Other Payments.
Bal. Credit Inc..

Gross Earn. p.M.
Gross Exp. p. M.
Net Earn. p. M..
Expenses to Earn
Av.Ratep.P.p M
Av. Ratep.T.p.M
All Lines.
Gross Earnings..
GrossExp.&Tax.

Available Rev...
Interest, etc,
Dividends
Set. Emery Acct.
Balance

Gross Earn. p. M.
Gross Exp. p. M.
Avail. Rev. p. M.
Exp. to Earnings

''(59.93m.)
Capital Stock....
Funded Debt . .
Bills Payable. . . .
Sundry Accounts
Surplus Income.

Tot. Liabilities
Road and Equip.
Real Estate
Stocks andBonds
Materials & Fuel
Leased Lines,etc.
Trust Funds . . .
Sundry Account.
H. S.Ives&Co..
T.H.&I.RR.Cl'm
CasW&CashAs'ts

Total Assets...

dtf. 74,607 tf/.*ll,127

19,401 88 20,026 64
13.87656, 13.05134
5,525 32 6,975 30
71. 52 p. c. 65.17 p. c.
1.98c.
1.22c.
$ $
3,088,407! 3.042,461
2,021,319 2,083,706

fief. 26,557

18,515 75
11.89709
6,61866
64. 25 p. c.
1.87c.
1.11 c.

2,865,933
1,841,271

36,497

18,583 59
11,08823
7,495 36
59. 67 p. c.
1.74 c.

2,856,559
1,812,533

261,502

21,044 20
11,240 31
9,803 89
53. 42 p. c.
1.76 c.
1.10 c.
S
3,565.179
2,164,263

196,427

26,941 43
14,860 66
12,080 77
55. 16 p. c.
1,62 c.
1,02 c.

4,658,814
2,977,172

1,067,088
587,8*3

346,364

958,755
510,290
368,498

1,024,662
513.917
368,957

1 .042.660
490,718

368,960

1,119,749
507,443
167,284

2,155,925

617,878

1,387,001
593,019

217,806

1,400,916
528,630
236,213

1,681,641
566,450
444,569

291,401
+ 1,138,922

9,453 72
5,534 11
3,919 61
59. 09 p. c.

$
5,000,000
4,894,000
1,122,695
1,145,427
4,120,628

+ 46,967 + t7'4.232

8,728 50 : 8,59038
5,712 68 5,889 50
3,01582 2.70988
65. 45 p. c. 68. 43 p. c.

$ S
3,847,900 3,949,000
2,908,000 2,880,000

+ 141,788

8,100 43
5.204 27
2,89616
64.25 p. c.

S
3,949,000
2,855,250

+ 182,982

8,073 25
5,12261
2,260 37
63. 46 p. c.

3,949,000
2,836,250

+ 491,385

8,331 21
5,289 48
3,041 73
63. 49 p. c.

It

5,000.000
4,894,000

' 'i,36l',839

2,847,242

14,103,081
5,945,434
676,088
957,537
271.098
2,613.433

+ 576,176

10,02C 08
6,030 00
3,999 08
60. 13 p. c.

$
5,496,600
4,841,000
1,097,199
1,316,728
4,689,808

+ 636,073

10,279 33
6,240 12
4,039 21
60.71 p. c.

5,553,600
4,816.000
450,213
1,080,377
3,466,321

+ 670,622

7,149 81
4.569 72
2,580 09
63.91 p. c.

5.595,900
4,802,000
490,936
1,555,980
4,497,343

882,500
2,007,932;

875,672
2,148,354

932,073
2,359,509

10,095,832
5,504,745
435,241
951,098
273,347
2,242,606
120,237
237,085

991,444
2,635,709

9.646,332
5,379,453;
382,333!
951,098
254,594
1,972,792
113,266
244,957

9.853,026
5,484,390
415,716
961,098
213,352
2,203,524
120,237
196,898

10,412,403
5,530,941
532,899
951,213
275.810
2,420,514
120.236
287,658

16,282,650
6,710,977
798,280
1,176,625
233,088
2,871,003
1,640,883
274,619
2,234,959

17,441,335
6,780,708
826,490
1,227,729
200,065
3,066,250
2,462,541
329,608
2,244,959

15,366,511
6.895.244
857,865
1,149,011
138,953
3,132,095
2,350,3691
438,996

"'212',506
191,478

16,942,159
7,260,682
799,512
'1,580,748
56,521
4,736,752

928',949

889,566
189,495

243.839
9,646,332

"257,8ii

331,473

'" 293', i33 3,328,819

332,2i6

302,985

9,853,026

10,095,832

10,412,403 14,103,081

1C>,282,650

17,441,335

15,366.511 16,942,159

* Deducting other payments, $4,735. f Deducting other payments, $5,735.

Statement showing by divisions the gross earnings, expenses, net earnings, and pay-
ments therefrom of all lines forming the Cincinnati, Hamilton, and Dayton system for the
year ending December 31, 1891 :

DIVISIONS.

Gross
Earnings.

Operating
Expenses
and Taxes.

Net

Earnings.

Interest
on
Bonds.

Divi-
dends on
Stock.

Total
Payments

Cin., Ham. & Day. RR. Prop.
Dayton & Michigan RR.*. . .
Cin., Ham. & Indianapolis..
Columbus,Findlay& No.RR.
Bowling Green RR
Cincinnati and Dayton RR..
Cin., Dayton & Ironton RR.t
Cin., Dayton & Chicago RR.t

Totals

S

1,614,60000
1,776,380 35
7'09,498 91
58,879 02
46,081 04
27,17029
378,894 99
47,309 14

S

890,599 87
1,065,76848
603.234 57
38,764 47
25,78511
18,614 80
277,847 23
56,557 82

724,000 13
710,611 87
106,264 34
20,114 55
20,295 93
8,555 49
101,047 76
def. 9,248 68

$ $
263,790 00 263,782 66
137,460 00: 180,786 25
126,000 00

527,572 66
318,246 25
126,000 00

39,200 00

39,200 00

1,011,01891

4,658,813 74

2,977,172 35

1,681,641 39

566,450 00

444,568 91

Balance
+ or —

196,427 47

392.365 62

19,73566

20,11455

20,295 93

8,555 49

61,84776

9.248 68

including Piqua and Troy Branch RR.

t For eight months ending December 31.

POOE'8 MANUAL — CINCINNATI, HAMILTON AND DAYTON ER. CO.

705

General Balance Sheet. (C. II. & I). RE. Co.}, December 31, 1890 and 1891.

ASSETS.

1890

1891

LIABILITIES.

1890

1891

4,000,000 00
1,595,90000
2,000,000 00
435,000 00
1.371,00000
996,000 00
9,248 59
219,544 16
2,803 09
57,182 89
52,830 00
165.505 44
490.936 17
179,3«r>.68
869,50000
4,497,343 02

$

4,210,446 69
2,824,411 83
626,013 04
39.703 07
5,28600

S
4.304.258 24
2,956,423 27
634.186 08
39,703 07!
5,286 001
10000
120,236 87!
90,381 86
56,520 53
1,580,748 18
23,534 73
1.010,960 64!
11.72320

1,689,465 84j
4.601 12
889,500 00
864.207 77
1.649,570 05
199,412 80
193.774 87
12.775 12
127.54530
32.629 40
287,74802,
156.866 08^

Capital Stock

4,000.000 00
1.587,900 00
2,000,000 00
435,00000
1,385,000 00
996,00000
6,968 59
219,754 16
4.637 61
57,156 23
3,627 75
102,028 66
315,047 69
134,617 18
673,649 35
3,947,782 08

(Preferred Capital Stock
2d Mortgage B'ds, 4.1 per cent
Con. Mortgage B'ds, 5 per cent
jCon. Mortgage B'ds, 6 per cent
Con. Mortgage B'ds. 7 percent
[Interest on Bonds Due
Interest on Bonds Accrued. . .
Divid. on Guarant'd Stock Due
Divid. on Guar. Stock Accrued
Div. on C., H.& D. Com. Stock
Railroads and Individuals
Accounts Payable
Pay Rolls

Real »tate

Real Estate on D. & M. RR. .
Real Estate on C'., H. & I. RR
Real Estate on B'lingGr'nRR
R. E., F. H. Short (Trustee). . .
R. E.. X. H. Swayne (Trustee).
Supplies and Old Material
Stocks and Bonds

120,236 87
90,381 86
126,760 72
1,331,582 63
18,819 54
762,469 33
5,00000

1,731,15244
4,401 12
889,50000
808.857 84
1,606,086 52
31&939 26
37,953 14
10,514 38

Due from Post Office Dept . . .
Due from RRs. & Individuals
Bill s Receivable
D.. F. W. & C. RR. Co., and
Composition Account
United Railroad Terminal Co.
Due from W. R. McKeen
D. & M. RR. Lessors
C., H. & I. RR. Co

iBillePavable..

^Surplus Earnings
Total Liabilities

Col., Findlay and XorthernRy
Bowling Green RR
Cincinnati and Dayton RR. . .
Cincinnati D & Ch RR

Dayton Union Station
Due from Station Ag'ts & Con.
< 'ash on Hand.

32.629 40
183,773 31
189,257 31

Total \ssets

15,869,169 30

16,942,15904

15.869.16930 16,942,15904

Stocks and bonds noted in the general balance sheet are as follows :

No. of
rShares and
Bonds.

DESCRIPTION.

On the Books.

Par Value.

785

Shares Bowlin^ Green RR. Stock

15000 00

s

39,250 00

2800

Shares C & D RR Stock t

280000 00

300

Bonds C & D RR . . . . ~i

301,638 96 j-

300.000 00

500

Shares River and RR Transfer Co Stock

33 750 00

50 000 00

664
1 495

Shares Dayton and Union RR. Stock
Shares Cincinnati Elevator Stock

£6 00
47 590 55

33.200 00
149 500 00

1.250

Shares Toledo Elevator Stock

68 857 09

125,000 00

96

Shares Micldletown Street Ry . Stock

4,861 58

4,800 00

700

Bonds, 1st Mortgage. C.. H. & I. RR.

695 150 00

700,000 00

3,670^

Certificates Cincinnati Chamber of Commerce
Shares Piqua and Trov Branch RR. Stock

500 00
183 525 00

500 00
183.525 00

4.341

Shares Terre Haute & I ml. RR. Stock

217.050 00

217.050 00

4

Bonds Chicago and Atchison Bridge Co

4 000 00

4.000 00

100

Shares Dayton & Michigan RR. Com. Stock

5,000 00

5.000 00

Total

1 580 748 18

2 091 825 00

Statement of bonded debt and guaranteed stocks, December 31, 1891 :

DESCRIPTION.

Date of TJ .
Maturity. Rate'

Interest
Payable.

Amount
Outet'n'g.

Annual
Interest.

Cincinnati, Ham. & Day toil, Con. Sinking Fund
Cincinnati. Ham. & Dayton, Con. Sinking Fund
Cincinnati. Ham. & Dayton. Con. Sinking Fund
Cincinnati, Ham. & Davton. 2d Mortgage
Cincinnati, Ham. & Dayton, Preferred Stock
Cincinnati. Ham. & Davton. Preferred Stock

Oct. l. 1905
Oct. 1, 1905
Oct. 1. 1905
Jan. 1, 1937

p.c.

6
5
41

4
5

7
8

?

5

April & Oct.
April & Oct.i
April & Oct.
Jan. & Jnly
J.. A.. J.. & 0*.
Mar.,J'e.S.&D.l
Jan. & July]
Mar. & Sept.

j.. A., j., & o.:

April & Oct .
Jan. <fc July
May & Nov.!

S
996,000
1.371:000
435,000
2,000.000
1,000.000
595,900
8.675:000
58,000
1,211,250
2,396,750
1,800,000
1.752.000

f
89,750

82.260
21.750
'.10,000
40,000
23,836
133,750
3.710
96,900
83,886
126,000
87,600

Dayton & Michigan, Consolidated Mortgage
Dayton & Michigan, Tol. Depot, 2d Mortgage

Jan. l, 1911
March 1. 1894

Dayton & Michigan. Preferred Stock

Dayton & Michigan. Commop Stock

Cincinnati, Ham. & Indianapolis. 1st Mortease
Cincinnati, Dayton & Ironton RR., 1st Mortgage

Total

July 1, 1903
May 1. 1941

16.285.900

859,412

45

706 POOR'S MANUAL — CINCINNATI, HAMILTON AND DAYTON SYSTEM.

Under the provisions of the consolidated mortgage, 1 per cent, per annum on the amount
outstanding is to be invested in any of the bonds of this company, same to be cancelled by the
trustee and returned to the company.

Annual meeting, third Tuesday in March. Dividends payable in Cincinnati, on preferred
stock, first Tuesday in January, April, July, and October. Interest payable at office of
Kessler & Co., New York, or at Cincinnati. Trustee of 1st mortgage bonds, United States
Trust Co., New York.; of 3d mortgage bonds, Farmers' Loan and Trust Co., New
York, N. Y.

RAILROADS OWNED OR LEASED BY THE C., H. & D. RR. Co.

DAYTON AND MICHIGAN RAILROAD.-Dayton, O., to Toledo Junction, O., 140.71 miles-
total track (steel, 175 miles), 193.21 miles. The company uses, in addition, the track of the L. S. & M. S. RR.
into Toledo, 1.29 miles, increasing UP line to 142.10 miles. Chartered March 1, 1851; opened in 1862; leased
May 1, 1863, to C., H. & D. RR. Co.; lease amended January 23, 1870. Rental, bond interest, contribution to
sinking fund, 8 per cent, on preferred stock, and 3| per cent, on common stock. Gross earnings, year ending
December 31. 1891, $1,776,380.35; expenses and taxes, $1,065,768.48— net earnings, $710,611.87. Payments : In-
terest on bonds, $137,460 ; dividends, $180, 786. 25- total, $318,246.25. Balance, surplus, $392,365.62, transferred
to lessee. Financial Statement, December 31, 1891.— Capital stock ($50 shares), common, $2,403,243.53 ; preferred,
$1,211,250 ; funded debt, $2,728,300 ; C., H. & D. RR. Co., lessee, $864,207.77— total, $7,207,001.30. Construction
and equipment, $6,761,735.86 ; real estate, $422,537.34 ; profit and loss, $22,728.10— total assets, $7,207,001.30.
Funded debt, 2d Toledo Depot 7 per cent. 30-year bonds, due March 1, 1894, interest March and September, $53,-
000 ; consolidated mortgage 5 per cent. 30-year bonds, due January 1, 1911, interest January and July, $2.675,000 :
income bonds, $300. Payments to sinking fund are $30,000 per annum. Dividends paid : Common (April and
October, If per cent, each), $35,350 ; preferred (2 per cent, quarterly, January, April, July, and October), $96,-
900. The consolidated mortgage bonds are guaranteed by the C., H. & D. RR. Co., and were used to retire the
bonds which matured in 1881. Of the total issue ($2,728,000), $830,000 were reserved to retire the balance of in-
debtedness as it matures. THOMAS J. EMKHY, President ; F. H. Short, Secretary and Treasurer, Cincinnati, O.

CINCINNATI, HAMILTON AND INDIANAPOLIS RAILROAD. - Hamilton, O., to Ind-
ianapolis, Ind., 98.90 miles ; total track (steel, 98.9), 121 miles. Chartered as Junction RR.— in Indiana, February
18, 1848 ; in Ohio, March 8, 1849. Road opened August 9, 1867. Sold under foreclosure November 26, 1872, and
reorganized under present name. The C., H. & D. RR. Company owns the whole of its capital stock ($2,500.000),
and $700,000 of its bonded debt. The road has never earned interest on its bonds, and up to January 1, 1880,
about $350,000 was due, for which the C., H. & D. RR. Co., as guarantor, was liable. On January 23, 1880, arbi-
trators agreed upon by the lessees and bondholders awarded that the bondholders should exchange their overdue
coupons for a new 7 per cent, (non -cumulative) preferred stock, and that thereafter the accruing coupons should
be paid by the C., H. & D. RR. Co.; annual interest charge, $126,000. Gross earnings, year ending December
31, 1891, $709.498.91. Operating expenses and taxes, $603,234.57. Net earnings, $106,264.34. Paid interest on
bonds, $126,000. Deficit, $19,735.66. Financial Statement, December 31, 1891.— Capital stock (preferred), $281,-
679.30 ; first mortgage 7 per cent. 20-year bonds, dated January 1, 1882, interest January and July, $2,500,000 ; C.,
H. & D. RR. Co., $1,650,375.05— total, $4,432,054.35. Contra: Cost of road and equipment, $2,760,649.73 ; real
estate, $51,951.91 ; profit and loss, $1,619,452.71— total, $4,432,054.35. M. D. WOODFORD, President; F. H. Short,
Treasurer, Cincinnati, O. GENERAL OFFICE, Hamilton, O. Transfer Office, Cincinnati, O.

COLUMBUS, FINDLAY AND NORTHERN RAILWAY.-Deshler, O., to Findlay, O., 17.64
miles. Sidings, 5.10 miles ; total track (steel, 17.64 m.), 22.74 miles. Gauge, 4 ft. 8£ in. Chartered in 1880 as the
McComb, Deshler and Toledo RR.; during 1887 and 1888, extended to Findlay, O., and reorganized under present
name. The C., H. & D. RR. Co. owns all of the capital stock, $300,000. Gross earnings for the year ending
December 31, 1891, $58,879.02 ; operating expenses, including taxes, $38,764.47 ; net earnings, $20,114.55. R. D.
MARSHALL, President ; F. H. Short, Sec. & Treas., Cincinnati, O.

BOWLING- GREEN RAILROAD.— Tontogany, O., to North Baltimore, O., 21 miles. Sidings, 1.50
miles ; total track (steel), 22.50 miles. Gauge, 4 ft. 8^ in. Chartered April 12, 1874 ; road opened from Tontogany
to Bowling Green in 1887; extended on December 1, 1890, to North Baltimore by the purchase of the Toledo,
Findlay and Springfield RR. (15 miles). (For history of the latter company, see MANUAL for 1891, page 959.) The
capital stock, amounting to $40,000, is owned by the C., H. & D. E. RR. Co. Gross earnings for the year ending
December 31, 1891, $46,081.04 ; expenses, including taxes, $25,785.11 ; net earnings, $20,295.93. R. D. MARSHALL,
President ; F. H. Short, Secretary and Treamrer, Cincinnati, O.

PIQUA AND TROY BRANCH RAILROAD. -Troy, O., to Piqua, O., 8.3 miles. Sidings, 4.60
miles ; total track (steel), 12.90 miles. Gauge, 4 ft. 8| in. Chartered September 30, 1881, and road completed
October 7, 1887. Capital stock, $200,000. Operations included in those of the Dayton and Michigan RR. Co.
R. D. MAKSHALL, President ; F. H. Short, Secretary and Treamrer, Cincinnati, O.

CINCINNATI AND DAYTON RAILROAD.-Hamilton, O., to Middleton, O., 13.38 miles-
Sidings, 3.60— total track (steel), 16.98 miles. Gauge, 4 ft. 8£ in. Chartered in 1887 as the Louisville, Cincinnati
and Dayton RR. Reorganized January 1, 1889, under its present name. Capital stock, $1,000,000. First mort-
gage bonds, $300,000, aliowned by the C., H. & D. RR. Co. Gross earnings for the year ending December 31,
1891, $27,170.29 ; operating expenses and taxes, $18,614.80. Net earnings, $8,555.49. R. P. RIJENBERICK,
President; F. H. Short, Secretary and Treasurer, Cincinnati, O.

CINCINNATI, DAYTON AND IRONTON RAILROAD.-Mm? Line of Road: Dayton, O.,
to Dean's, O.. 150 miles. Branches : Wellston, O., to Buckeye Furnaces, 9 ; Iron ton Junction to VVelleton, O..
3; coal branches, 10— total lines owned, 172 miles. Trackage: B. A- O. X. H. lly. : Byers to Bakers, O., 7.5 ;
Iron KR. • Dean's to Ironton, O., 12— total, 19.5 miles. Total length of lines operated, 191.5 miles. Sidings, m o
miles. Gauge, 4 ft. 8k in. Rail (steel, 206.5 miles), 60 Ibs. Chartered in March, 1891, to acquire the line of rail-
road formerly owned by the Dayton and Ironton RR. Co. (afterward consolidated into the Dayton, Fort Wayne
and Chicago RR. Co.). The latter road was sold under foreclosure, January 20, 18»1. The present company
acquired the property in consideration of a mortgage upon it for $3,500,000 and $5,000,000 of common stock. In
April, 1891, the road was leased to the Cincinnati, Hamilton and Dayton RR. Co., on a rental of one-half of the
net earnings over and abore interest upon the $3,500,000 of bonds, all of which, in consideration of the lease, are

fnaranteed, both principal and interest, by the lessee, who commenced operating the road May 1, 1891. Boiling
/•(><;£.— Locomotive engines, 20. Cars (coal), 1,364 ; box, 500. All other equipment has, under the receivership,
been leased. Gross earnings for eight months ending December 31, 1891, $378,894.!)!); operating expenses and
taxes, $277,847.23, leaving balance, $101,047.76, applicable to eight months' interest on $3,500,(XX) bonds. Finan-
cial Statement.— Capital stock, $5,000,000 ; funded debt (1st mortgage 5 per cent. 50-year gold bonds, dated May

POOR'S MANUAL OF RAILROADS. 707

1, 1891, interest payable May and November, at the office of Kessler & Co., 54 Wall St., New York City), $3,500,000
—total stock and bonds, 88,500,000. Under the provisions of the contract between this company and the ( '. H. &
D. RR. Co.. the proceeds of $1,500,000 of these bonds are to be used exclusively for the purchase of equipment
and added improvements and additions to the property, including its extension to the Ohio River by the purchase
of the Iron Ry. or otherwise, and the acquisition of additional property to be covered by the mortgage. HENRY
F. SHOKMAKKR, President ; Wilberforce Sully, Treasurer, New York, N. V.; (ieo. R. Batch, Secretary, Cincin-
nati, O. PRINCIPAL OFFICE, Cincinnati, O. New York Office, 80 Broadway.

CINCINNATI, DAYTON AND CHICAGO RAILROAD. -Dayton, O., to Delphos, O., 98.27
mile*. Sidings. ;.l miles. Gauge, 4 ft. H\ in. Chartered March, usyi, for the purpose of acquiring the line of
railroad formerly owned by the Dayton and Chicago RR. Co. (for history of this company, see MANUAL for 1886,
page 994), which after having been consolidated with the Dayton, Fort Wayne and Chicago Ry. Co., was sold
under foreclosure in January, 1^91. Gross earnings for eight months ending December 31, 1891, $47,309.14 ;
operating expenses and taxes, $56,557.82 ; deficit, $9,248.68. M. D. WOODFORD, President : Geo. R. Balch, >< cr+

Board of Directors, C., H. & D. Eli. Co.

7V rm f spires 1893. Term expires 1894.

C. W. Fairbanks. .Indianapolis, Ind. M. D. Woodford Cincinnati, O.

Eugene Zimmerman.. Cincinnati, O. Alfred Sully New York, N. Y.

MI'. Martin New York, N. Y. i H. F. Shoemaker. .

Term expires 1895.

E. E. Cole Marysville, O.

Geo. W. Davis Toledo. O.

W. M.Ramsey Cincinnati O.

M. D. WOODFORD, President Cincinnati, O.

Vice- President— Eugene Zimmerman Cincinnati, O. | Secretary and Treasurer— Y. H. Short. .Cincinnati, O.

PRINCIPAL OFFICE AND ADDHESS Cincinnati, O.

CINCINNATI, JACKSON AND MACKINAW RAILWAY COMPANY.

Main Line of Road.— Addison Junct., Mich., toC.,C..C.& St. L. Ry. Junc.,0. 189.90 miles.
Michigan and Ohio RR. Division : Dundee, Mich., to Allegau, Mich ........... 133.00 miles.

j Lewisburg, 0. , to Quarries ..................................... 1.40 milee.

' "j Germantown to Rohrers, 0 ..................................... 1.80 miles.

T. , A. A. & N. M. Ry. : Manhattan Jet., O., to Dundee, Mich. 20.9

w & L E RR . Manhattan Junction, O., to Toledo, O ____ 2.10— 23.00 miles.

Total length of line operated June 30, 1891 ............................. 349.10 miles.

Sidings, 43.08 miles. Gauge, 4 ft. 8£ in. Rail (steel, 322.18 miles), 50, 52, and 56 Ibs.

History. — Organized in March, 1892, to take over the Cincinnati, Jackson and Mack-
inaw RR., which was sold under foreclosure October 6, 1891. The division covered by the
C., V. W. and M. bonds was sold to other* parties than the reorganization committee, but
they failed to comply with the terms of sale, and the road was resold December 22, 1891, when
it was bid in by the reorganization committee. The sale was confirmed February 11, 1892.
The new company took possession on April 1, 1892. (See MANUAL for 1891.) The plan of
reorganization provided for au issue of $4,800,000 4 per cent. 50-year bonds and $ 16,300,000
capital stock. The new stock will be issued share for share in exchange for the old, upon pay-
ment of ao assessment of 1 per cent, on the common stock, and of three-quarters of 1 per
cent, on preferred. The new bonds to the amount of $4,000,000 to be issued in exchange
for the old and for overdue interest, calculating the latter at 4 per cent. ; and the remaining
$800,000 to be held for future requirements of the company. The plan also provides for a
lease of the road to the Cincinnati, Hamilton and Dayton, upon the completion of the reor-
ganization.

Rolling Stock, June 30, 1891. — Locomotive engines, 29. Cars — passenger, 20 ; baggage,
mail, and express, 3 ; freight (box, 1,075 ; platform, 280 ; stock, 19 ; coal, 119 ; caboose, 13),
1,506 ;' other, 9— total cars, 1,538. Freight cars include 500 box, and 5 caboose held through
car trust.

Operations for year ending June 30, 1891. — Train mileage — passenger, 376,476 ; freight,
358,548 ; mixed, 110,324; other, 5,101— total, 850,449 miles. Passengers carried, 327,560 ;
carried one mile, 7,074,045 : average mile rate, 2.41 cents. Tons freight moved, 717,678 •
moved one mile, 61,484,978 ; average ton-mile rate, 0.77 cent.
Kami ni«.— Passenger ....................... $170,337 68 Expenses.— Transportation ................. $242,734 60

Freight ......................... 474.265 49 Motive Power and Cars ......... 107,923

Mail and Express 55,939 02

Miscellaneous 24,430 02

Total ($2,091 .01 per mile) 8724,972 21

Maintenance Way &' Bui Wings.. 128,462 44
General ......................... fl

Total ($1,564.70 per mile) ............. $546.234 £2

708 POOR'S MANUAL OF RAILROADS.

Net earnings (24.65 per cent.), $178,737.39. Payments : Interest on debt, $1,002,36 ;
rentals leased lines, $18,808.45 ; taxes, $28,388.90— total, $42,999.71. Balance, Mirpluw,
$135,737.68 ; surplus from 1890, $66,527.91— total surplus June 30, 1891, $202,265.59.

Receivers' General Balance Sheet, June 30, 1891.— Current accounts, $123,18549; sus-
pense accounts, $5,038 21 ; surplus income, $202,265.59— total, $330,489.29. Contra : Im-
provement and equipment, $61,130.26; equipment lease, $97,400; C., J. & M. RR. Co.,
$65,438.66 ; cash, $13.438.58; materials and supplies, $17,132.55 ; current accounts, $75,-
959.24— total, $330,489.29.

The capital stock of the old company was — common, $10,413,835 ; preferred, $5,867,000 ;
funded debt, $3,629,000, as follows—

C., J. & M. 1st consol, gold 5 p. c. $1.000 coupon 50-year bonds, due Dec. 1, 1036, int. June & Dec . . . $2.095,000 00

C., V. W. & M. 1st, mtge. 6 per cent. coup. 20-year bonds, due Jan. 1, 1901, interest Jan. & July 1.171.000 oo

C., V. W. &M. Inc. Sdmtge. 6 per cent. 50-year bonds, due Jan. 1, 1930, interest Jan. & July 303,000 00

The consols are secured on the entire property of the company, subject to prior Hens. The
C., V. W. & M. first mortgages and incomes are secured in the order of their seniority on the
Central Division, Ohio, 80 miles. They are $100, $500, and $1,000 bonds. The first mort-
gage bonds are coupon ; interest on incomes is payable only if earned and is non-cumulative.
Trustee of bonds and registrar of stock, Central Trust Co., 54 Wall Street, New York. In-
terest last paid on consols, June, 1889, and on Van Wert bonds, July, 1889.

Directors (elected March, 1892).— Walston H. Brown, J. Kennedy Tod, R. T. Wilson,
New Yoik, N. Y.; F. B. Swayne, N. H. Swayne, F. B. Drake, B. A. Hayes, Toledo, O.

WALSTON H. BROWN, President New York, N. Y.

F. B. Swayne, Vice-President Toledo, O.

General Manager— F. B. Drake Toledo, O. I Secretary and Treas.—W. Cutwater New York, X. Y.

PRINCIPAL OFFICE AND ADDRESS Toledo, O.

Transfer Office. . 20 Nassau Street, New York, N. Y.

CINCINNATI, SAGINAW AND MACKINAW RAILROAD COMPANY.

Line of Road.— Durand, Mich., to West Bay City, Mich 53 miles.

Sidings, etc., 28.8 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History. — Organized December 26, 1889; road opened January 11, 1890. Interest is
unpaid, pending purchase of the bonds by the Grand Trunk Ry. Co. That company and the
Chicago and Grand Trunk Ry. Co. pledge toward payment of the interest, if required, 25 per
cent of their gross receipts from traffic interchanged with the Cincinnati, Saginaw and
Mackinaw RR. Co.

Rolling Stock, June 30, 1891. — Locomotive engines, 8. Cars — passenger, 12 ; baggage,
mail, and express, 2 ; freight (box, 30 ; platform, 65), 95 ; other cars, 3— total cars, 112.

Operations for eight months ending June 30, 1891. — Train mileage — passenger, 64,977 ;
freight, 58,688 ; mixed, 13.525 ; other, 26,023— total, 163,213 miles. Passengers carried,
58,426; carried one mile, 926,026; average mile rate, 2.514 cents. Tons freight moved. 136,113 ;
moved one mile, 5,199,919 ; average ton-mile rate, 1.603 cents.

Earnings.— Passenger $23,475 73

Freight 83,352 97

Mail 1.590 27

Express 394 08

Total ($2,053.07 per mile) $108,813 05

Kx|M'iis<-s.— Transportation $55,722 57

Maintenance of Equipment 13,826 56

Maintenance Way and Buildings. 11,179 49
General 2,813 55

Total ($1.57().20 per mile) $S3.M-J 17

Net earnings (23.22 per cent.), $25,270.88 ; add other receipts, $290.57— total income,
$25,561.45. Paid taxes, $2,423.89. Surplus, $23,137.56.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $1,500,000 ; funded debt
(1st mortgage 5 per cent. 30-year $1,000 coupon bonds, due January 1, 1920, interest January
and July), $1,680,000 ; current accounts, $22,698.24 ; profit and loss, $23,137.56— total,
$3,225,835.80. Contra: Cost of road, $3,077,650; rolling stock, $102,350; materials and

POOR'S MANUAL OF RAILROADS. 709

fuel, $11,243.82 ; current accounts, $23,954.67 ; cash on hand, $8,637.31— total, $3,225,835.80.
The bonds are secured on the entire road, sidings, and rolling stock.

Annual meeting, third Tuesday in April ; books do not close. Interest payable in New
York, N. Y., or London, Eng. Trustee of bonds, Central Trust Co., New York, N. Y.

Directors (elected April 21, 1891).— A. \V. Wright, Alma, Mich.; L. J. Seargeant, Mon-
treal. Que. : W. H. Hurt, F. C. Stone, Saginaw, Mich.; E. W. Meddaugh, VV. J. Spicer,
Detroit. Mich.; S. O. Fisher, West Bay City, Mich.

A. \N . WRIGHT, President Alma, Mich.

L. J. Seargeant, Vice-President Montreal, Que.

Sec. A 7r«df.— James H. Muir Detroit. Midi. ten* nil Manager— W. J. Spicer Detroit, Mich.

PRINCIPAL OFFICE AND ADDRESS Detroit, Mich.

COLUMBUS, HOCKING VALLEY AND TOLEDO BAILWAY CO.

Main Line of Road.— Walbridge, 0., to Pomeroy 251.00 miles.

Rockwell Branch : Walbridge, O., to Rockwell 2.00

At hen* Branch : Logan to Athens .26.00

Straitsrille Branch : Logan to Xew Straitsville, 0 13.00

J/»ndiiy Creek Branch : Nelsonville to M. C. Junction 17.00

Snow Pork Branch : Snow Fork Junction to Murray City 5.00

Other Branches : Sand Run, 3 ; Brush Fork, 3 6.00— 69.00 miles.

Trackage : T. W. V. & 0. HE. : Walbridge, 0., to Toledo, 0 6.00 miles.

Total length of lines operated December 31, 1891 326.00 miles.

2d track. 19 ; sidings. 127.5 m. Gauge, 4 ft. 9 in. Rail (steel, 319.27 m.), 52, 00. and 63 Ibs.
History. — Consolidation, August 20, 1881, of the Columbus and Hocking Valley, the
Columbus and Toledo, and the Ohio and West Virginia RR. Cos. In 1881, the company pur-
chased the entire capital stock, $1,500,000. of the Hocking Coal and RR. Co., covering 10,000
acre.-s of coal lands, the price paid being *8, 000, 000. (See MANUAL for 1888, page 429.)

Rolling Stock, December 31, 1891. — Locomotive engines, 100. Cars — passenger, 31 ;
baggage, 12; freight (box. 1.215 ; platform, 149 ; stock, 43 ; coal, 6,616 ; caboose, 47), 8,070 ;
officers' cars, 2 ; service cars. 8 — total cars', 8,123.

Operations for year ending December 31, 1891. — Train mileage — passenger, 643,975;
freight, 1,782,114; other, 742.888 — total, 3, 168,977 miles. For passenger and freight statistics
see tabulated statement.

Earnings.— Passenger $494,015 98 Expenses.— Transportation $94S.23*J 20

Freight 2.642.897 62 Maintenance of Equipment .... 369.530 41

Mail 27.787 64 Maintenance Way & Buildings . 282.073 14

Express 23r771 50 General and Taxes 254 J 64 92

Miscellaneous' 105.45194

Total iS10.l04.06 per mile) $3,293.924 68 Total ($5,668.77 per mile) $1,847,9J»S 67

Net earnings (43.90 per cent.), $1,445,926.01. Add rental received, $10,000— total
revenue, |1, 455,926. 01. Payments : Interest on bonds, $977,420; other interest. $60,849.74 ;
trackage rental. $24,525.27 — total, $1,062,795.01. Surplus, $393,131 ; surplus forward?
$166,628.29— total surplus, $559,759.29.

General Balance Sheet, December 31, 1891.

Construction $14,733,420 74 Common Stock SI 1,696,300 00

Equipment 4,812,89894 Funded Debt 16.480.00000

Real Estate. Dock*. Right of Way. etc. . . 1.510.767 17 Bills Payable 324.700 00

Machinery and Tools 79.33876 Current Accounts 87.17188

Stock Hockins: C. & RR. Co.. Co-t 8.000.000 00 Extended Car Trust Notes 278,116 97

Materials and Fuel 114.020 !•> Interest Accrued and Unpaid 3. :

Bills Receivable 1,80430 Car Trust Notes 568,53619

Bonds 10.50000 Due Hocking Coal and RR. C-> 238,61812

Current Accounts 495.263 31 Profit and Loss 559.759 29

Cash on Hand 224.473 41

Car Trusts 568.536 19

Total Assets $30.551.032 98 i Total Liabilities «30.551,022 98

710 POOR'S MANUAL — COLUMBUS, HOCKING VALLEY AND TOLEDO RY. CO.

Statement of operations, capital account, etc., for eight years :

1884

1885

1886

325.00
425.52
316.00
90
32
12
825
6,388
37,100,141
540,569
16,012,435
2,572,920
290,344,653
1,756,557

2,361,404
1,395,234

1887

1888

1889

1890

1891

Miles of Railroad...
Miles of Track

324.00
423.00
300.00
90
32
12
825
6,388
23,356,451
549,365
15,432,410
1,522,859
164,855,612
1,123,782

$

1,842,473
1,240,654

3-25.00
425.52
316.00
90
32
12
.825
6,388
36,889.225
492^27
14,199,941
2,308,351
272,330,530
1,789,20?
$
2,311,004
1,333,698

325.00
450.00
350.00
' 90
31
12
1,006
5,098
37,978,971
583,646
17,780,742
2,676,503
305,299,188
1,870,416

2,624,023
1,601,899

320.00
450.00
351.40
90
31
12
997
5,047
42,414,344
657,718
21,627,140
2,931,401
348,796,056
2,034,152

2,893.969
1,653,662

325.00
450.00
341.00
90
31
12
946
4,95(i
36,351,932
581,654
15,434,307
2,678,240
319,041,759
1.7N8.:-WiS

S

2,514,655

1,488,627

325.00
446.00
341.00
92
31
12
1,417
6,368
42.289,535
730,641
18,414,864
3,249,560
"387,850,191
2,288,973

3,078,900
1,748.553

326.00
472.50
380. »!9
100
31
12
1,454
6.616
44,258,392
867,226
20,577,218
3,464,577
407,505,847
2,344,650
$
3,293,925
1,847,999

Miles of Steel Rails . .

Locomotive Engines
Passenger Cars

Baggage, Mail, etc., Cars . .
Freight Cars

Coal Cars
Car Miles

Passengers Carried
Passenger Mile>*

Freight (tons) Moved
Freight (ton) Miles
Coal, inch in Freight

Gross Earnings

Expenses and Taxes

Net Earnings .

601,819
3,000

977,306

966,170
11,841

1,022,124 1,240,308 1,026,028 1,330,347 1.445.!»a<?
16,046 10,125! 10,000 10,000 1 10,000

Other Receipts

Total Available Revenue
Fixed Charges

604,819
888,337
56,815

977,306
892,366
78,176

978,011
952,181
78,907

1,038,170 1,250,433 1,036,028
982,869 987,106; 1,000,878
39,366 47,876: 400,764

1,340,347 1,455,926
1,001,910 1.001,945
38,205 60,850

Other Charges
Total Charges . . .

945,151
- 340,333

5,695 90
3,829 18
1,866 72
67.34 p. c.
2.53 c.
0.79 c.

10.316.500
14,658,000
892,682
896,122
487,002

970,542
+ 6,764

7,11078
3,891 69
3.219 09
57.71 p. c.
2.52 c.
0.64 c.

11,696.300
14,741,000
812,104
756,799

67^,398

1,031,088
- 53,077

7,265 86
4,293 03
2,972 83
59. 08 p. c.
2.40 c.
0.62 c.

11,696,300
16,180,000
697,387
237,491
2fi6,297

1.022,235
+ 15,9:35

8.073 91
4,928 91
3,14500
61. 04 p. c.
2.28 c.
0.66 c.

$

11,696,300
16,240,000
534,852
352,900
324,998

1,034,982
+ 215,451

8,904 21
5,088 19
3,816 02
57. 14 p. c.
2.04 c.
0.66 c.
$
11,696,300
16,240,000
360,134
142,700
480,149

1,401,642
- 365,614

7,737 40
4,580 39
3,157 01
59. 19 p. c.
2.51 c.
0.63 c.

11,696,300
16,480,000

1,040,115
+ 300,232

9,473 23
5,380 16
4,003 07
56. 79 p. c.
2.52 c.
0.64 c.

11,696,300
16,480,000

1,062,795
+ 393,131

10,104 06
5,668 77
4,435 29
56. 10 p. c.
2.40 c.
0.65 c.
$
11,696,300
16,480,000

Balance (4- or — )

Gross Earnings per Mile. . .
Gross Expenses per Mile . .
Net Earnings per Mile
Expenses to Earnings
Aver. Rate per Pass, per M.
Aver. Rate per Ton per M . .

Capital Stock
Funded Debt

Lease War. & Spec. C'r Tr.
Bills Payable and Notes.. .
Sundry Liabilities
Ext'd Car Trust Notes

76,500
523,377
395,719

628,858
611,024
336,027
166,628

893,236
643,611
278,117
559,759

Profit and Loss

82(i,770

53,702

625

16,560

232,011

Total Liabilities
Railroad....

28,077,076

14,481,760
4,296,793

' 885,438
8,009,920
818,606
84,559

28,732,303

14,513,501
3,719,431
584,287
1,485,879
8,000,000
389,578
39,627

29,078,100

14,546,832
3,894,149
409,569
1,634,145
8,000,000
473,027
120,378

29,165,610

14,593,446
4,205,866
234,852
1,446,974
8,000,000
612,542
71,930

29,151,294

14,600,731
4,380,583
60,134
1,450,115
8,010,500
564,420
84,811

29,171,896

14,601,201
4,440,719

29,918,838

14,676,999
4,615,354
551,058
1,554,516
8,018,500
397,799
113,612

30,551,023

14.733,421
4,812,8«*
568,536
1,705,931
8,010,500
495,263
224,473

Equipment
Car and Loco. Trusts.. ..
Real Estate, etc
Stocks and Bonds
Current Accounts

1,450,968
8,010,500
454,179
80,726
133,603

Cash on Hand

Profit and Loss

Total Assets

28,077,076

j

28,732,303 29,078,100

29,165,610

29,151,294

211,1 71, 896

29,918,838

30.551.023

Funded debt consisted, December 30, 1891, of—

1st mtge. (C. & H. V. RR.) 7 per cent. 30-year $500 and $1,000 bonds, due Oct. 1, 1897, int. April and

October $1.401,000

2d mtge. (C. & H. V. RR.) 7 per cent. 20-year $1,000 bonds, due January, 1892. int. Jan. and July 777,000

let mtge. (C. & Tol. RR.) 7 per cent. 30-year $1,000 bonds, due August 1, 1905, int. Feb. and Aug 2,500,000

2d mtge. (C. & Tol. RR.) 7 per cent. 20-year $1,000 bonds, due Sept. 1, 1900, int. March and Sept. 600,000

let mtge. (O. & W. Va. RR.) 7 per cent. 30-year $1,000 bonds, due May 10, 1910, int. May and Nov 1,584,000

Con. mtge. (C. H. V. & T.) 5 per cent. 50-year $1,000 bonds, due Sept. 1, 1931, int. March and Sept 8,000,000

Joint mtge. (C. H. V. &T., & H. C. & RR. Cos.) 6 p. c. 20-yr. $1,000 gd. bds. of June 1, 1904,int, June & Dec. 1,618,000

The consolidated mortgage bonds are secured by a first consolidated mortgage on the entire
railway property of the company and by a first and only mortgage on its coal lands and all
other property owned at the time of the issue or thereafter to be acquired, principal and
interest payable in gold, free of all taxes. The bonds are for $1,000 each, and are coupon
with provision for registration of principal. Authorized issue, $14,500,000; reserved for
retirement of an equal amount of prior liens, $6,500,000. Trustee, Central Trust Co., New
York City.

Ihe Qper cent, gold bonds of 1904 were issued conjointly by the Columbus, Hocking Val-
ley and Toledo Ry. Co. and the Hocking Coal and Railroad Co., and are secured by a general

POOR'S MANUAL OF RAILROADS. 711

mortgage on the properties of both companies, principal and interest, payable in gold at the
New York Agency. They are coupon bonds of $1,000 each. Trustee, Knickerbocker Trust
Co., New York City.

" On November 12, 1891. the stockholders authorized the issuing of $2,000,000 preferred stock to be sold to
the stockholders at 50 per rent, of par value, proceeds to be used in the retiring of $777,000 of 7 per cent, second
mortgage bonds of the Columbus and Hocking Valley RR. Co.. and the payment of other maturing obligations.
Pursuant I hereto, said stock was sold and 766 of these bonds (all that have been presented) have been redeemed
and cam-rlli-d. and a like amount of ."> per cent, consolidated mortsrage bonds, delivered by the trustee to the com-
pany, have been destroyed in accordance with a resolution to that effect Although these arrangements were
authori/ed and made in 1891. the financial transaction does not appear in the above statement for the reason that
the bonds did not mature until January 1, 1892."

C. & T. Ists are part registered bonds ; all others are coupon. Interest on bonds payable
at the office of the Atlantic Trust Co., New York City. Annual meeting, second Tuesday in
January, at Columbus, O. ; books clo.se ten days previously. Capital stock, consols and joint
mortgage bonds listed on New York Stock Exchange.

Directors (elected February 2, 1892).— Till 1893: C. C. Waite, Columbus, 0. ; Charles
B. Alexander, New York, N. Y. ; George W. McCook, Steubenville, O. Till 1894 : Charles
Foster, Fostoria, O. ; P. W. Huutiugton, James Kilbourne, Columbus, O. Till 1895 : Samuel
D. Davis, Thomas F. Ryan, Charles B. Van Nostrand, New York, N. Y.

C. C. WAITE, President Columbus, O.

Samuel D. Davis, 1st Vice-President New York, N. Y.

Charles B. Alexander, 2d Vice President Near York, N. Y.

Auditor— F. B. Everett Columbus, O. | Secretary and Treasurer— W. N. Cott Columbus, O.

PRINCIPAL OFFICE AND ADDRESS Columbus, 0.

Financial and Transfer Agent. ..Atlantic Trust Co., 39 William St., New York City.

COLUMBUS SOUTHERN RAILWAY COMPANY.

Line of Road.— Columbus, Ga., to Albany, Ga .87.78 miles.

Sidings, etc., 3.15 miles. Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs.

History.— Chartered July 10, 1886 ; road opened April 12, 1890.

Rolling Stock, June 30, 1891. — Locomotive engines, 5. Cars — passenger, 4 ; baggage,
mail, and express, 2 ; freight (box, 50 ; platform, 40; caboose, 2), 92 — total cars, 98.

Operations for six months ending June 30, 1891. — Train mileage, passenger, 32,208 ;
freight, 34,467 ; other, 1,200 — total, 67,875 miles. Passengers carried, 29,852 ; carried one
mile, 676,730 ; average mile rate, 2.74 cents. Tons freight moved, 12,953 ; moved one mile,
113,701 ; average ton-mile rate, 23.30 cents. Earnings— passenger, $18,947.66 ; freight, $26,-
496.50 ; mail and express, $2,100.88 ; other, $39.50— total, $47,584.54. Operating expenses
— transportation, .$22,494.33; maintenance of equipment, $3,128.13; of way and buildings,
$12,727.26; general, $5,730.41— total, $44,080.13. Net earnings, $3,504.41. Paid interest
on bonds, $27.187.50; new depots, etc., $3,813.65— total, $31,001.15. Deficit, $27,496.74.

Financial Statement, June 30, 1891.— Capital stock (par, $100)— preferred, $435,000 ;
common, $870,000 ; funded debt (1st mortgage 5 per cent. 40-year $1,000 coupon bonds, due
February, 1929, interest payable February and August). $1,087,500 ; other liabilities, $27,-
496.74 — total, $2,419,996.74. Contra: Cost of road, equipment, etc., $2,392,500 ; profit and
loss, $27,496.74— total, $2,419,996.74.

Annual meeting in July, at Columbus, Ga. Interest on bonds payable at the office of the
trustee, Central Trust Co., Ne\v York, N. Y.

Directors (elected July 9, 1891).— W. B. Lowe, J. W. English, George W. Parrott,
Atlanta, Ga. ; T. E. Blanchard, T. J. Peurce, S. A. Carter, Columbus, Ga. ; John Stephens,
Cusseta, Ga. ; B. H. Hood, Dawson, Ga. ; Nelson Tift, Albany, Ga.

W. B. LOWE, President Atlanta, Ga.

J. W. English, Vice-President Atlanta, Ga.

Sec. and Treat.— Geo. W. Parrott Atlanta, Ga. i Auditor— W. C. Watters Columbus, Ga.

PRINCIPAL OFFICE AND ADDRESS Columbus, Ga.

712

POOR'S MANUAL OF RAILROADS.

CUMBERLAND AND PENNSYLVANIA RAILROAD.
(CONSOLIDATION COAL COMPANY, OWNER.)

Main Line of Road.— Cumberland, Md., to Piedmont, W. Va 38 miles.

EcJchart Branch : Eckhart Junction to Eckliart 14 miles.

State Line Crunch : C. & P. Junction to Pennsylvania State Line 3 miles.

Total length of railroad owned and operated 55 miles.

Sidings, etc., 10 miles. Gauge, 4 ft. 8| in. Rail (steel), 50 to 70 Ibs.

History.— See MANUAL for 1888, page 140. Since 1870 (when the Consolidation Coal
Co. acquired the lands and railroads of the Cumberland Coal and Iron Co.), it has operated
the Eckhart Branch RR., connecting the main line with its mines at Eckhart. Since 1872 it
has operated the State Line Branch, which connects it with the Pennsylvania RR. system at
the State Line, near Bridgeport, Pa.

Rolling Stock.— No report published.

Operations for year ending December 31, 1891. — Coal mined and delivered from the
company's mine, 910,977 tons ; total coal transported, 2,390,929 tons. The first coal trans-
ported from this region was in 1842, in which year 1,708 tons were marketed. Gross earn-
ings from RR., mines, etc., including value of coal on hand. $2,581,338.20. Operating
expenses, $2,196,952.31. Net earnings, $384,385.89. Payments shown in

Profit and Loss Account, year 1891.

Interest on Bonds $122,729 59 | Balance, at Credit from 1890 $80,436 51

Balance, Surplus, December 31, 1891 342,092 81 ; Gross Receipts $2,581,338 20

Expenses 2,196,952 31— 384,385 89

Total Debits $464,822 40 I Total Credits $464,822 40

From surplus, December 31, 1891, $342.092.81, there was paid February 1, 1892, dividend
for year 1891 (2 per cent.), $205,000 ; amount carried to credit of Royalty Fund, $45,586.07—
total, $250,586.07. Balance to credit of Profit and Loss Account, $91,506.74.

For the past eight years the Consolidation Coal Co. has been accumulating a fund, which,
for the first time, appeared in the annual report for 1884. The fund has been derived from
sales of the coal under several small outlying pieces of the company's property adjoining,
and sold to companies which could more advantageously work *hem ; and from the proceeds
of some surface rights of way through the company's property. The moneys received from
these sources, and the amount set aside as a royalty on the output of 1884, 1885, 1886, 1887,
1888, 1889, and 1890, amounted, December 31, 1890, to $36^,146.10. To this has been added
the interest upon investments in 1891, $21.189.61, plus royalty upon the output of 1891,
taken from earnings, $45,586.07, leaving balance to credit of Royalty Fund, December 31,
1891, $432,921.78. This fund is invested in interest-bearing securities, and it is proposed to
maintain and add to it hereafter, as a representative of the value of the coal which will be
mined in future from the company's property. The company also holds as cash assets
$100,000 1st mortgage bonds of the Cumberland and Pennsylvania RR., acquired in 1875.

Financial Statement, December 81, 1891.— Capital stock, $10,250.000 ; funded debt,
$2,120,000— total. $12,370,000. Of the 1st and 2d mortgage bonds which matured during
the past year, $64,500 were paid, and the balance funded into new 5 per cent. 30-year bonds,
as described below.

Statement of funded debt outstanding in detail December 31, 1891 :

Character of Bonds.

Date.

Interest.

Mature.

Provided.

Afloat.

Cumberland and Pennsylvania RR 1st Mortgage.

1891

5 p. c M. «fc N.

1921

1,000,000

1,000,000

Consolidation Coal Co., Consolidated Convertible

1872

6 p. c. J. & J.

1897

1 ,2oO.OOO

1,100,000

POOR'S MANUAL OF RAILROADS.

713

The following table shows the product of the whole Cumberland coal-field, and of the
mines of the Consolidation Coal Company for eighteen years :

YEAR?.

Whole
Product
Tone.

Consoli-
dation Co.
Tons.

Increase, Tons.

YEARS.

Whole
Product
Tone.

Consoli-
dation Co.
Tons.

Increase, Tons.

Whole
Product.

Consoli-
dation.

Whole
Product.

Consoli-
dation.

1*7 \
1875
1876
1877
1878
1870

2.410.895
2.342.773
1,835.081
1.574.339
1.679.322
1.730.709
2.136.160
•J.242.309
1.265.122

467.451
448.923
356,817
348.3S->
404.015
483.692
568.244
753,900
421.471

*2&S.206
•<S8,128
*507,698

*260,742

104.982
51,387
405,451
106.049

*81,033
+18,528
+92,106
+8.432
66,682
79,676 ;
84,559
185,650
+332.427

188S
1884

18S6

1888
1889
1890
1891

2.206.250
2,468.051
2,462,485
2.246. 15!»
2,926.785
3,106.670
t,6JTi
3,231.187
3,4-20,760

456,238
689,219
710,064

675.652
936,799
1,023,849

871,463
H56.031
910,977

941,128
•61,801

*5,566

•no

680,696
179JMB

+468,831
593.348
189.573

34,767
232,974
20,852
*34,412
961,147
86,550
+151.886
84,568
*45,054

1S81
Ifltt

* Decrease.

Directors (elected February 17, 1892). — William F. Burns, William F. Frick, James
Gregg, Baltimore, Md. ; William Whitewright, Edward De Rose. New York, X. Y. : Robert
Garret t, James Sloan, Jr., George A. Von Lingen, William P Harvey, John R. Seemuller,
Baltimore, Md.

CHARLES F. MAYER, President Baltimore. Md.

Stc. and Trfag.—T. K. Stuart Baltimore, Md. | Resident Agt.S G.Supt.— P.L.Bunvell. Cumberland ,Md.

PRINCIPAL OFFICE AND ADDRESS 44 South Street, Baltimore, Md.

Fiscal Agency and Transfer Office 71 Broadway, New York, X. Y.

CUMBERLAND VALLEY RAILROAD COMPANY.

Main Line of Road.— Harrisburg, Pa., to Potomac River, Md 82.20 miles.

Leased
Branches

( Dj/Mbwrg and Jfechanicaburg RR. (see page 715) 7.70

•j Cumberland Valley and 3Ia rtinsburg RR. (see page 715). . .33.65

(Southern Pennsylvania Ry. and Mining Co. (see page 715). 21. 70 — 62.75 miles.

Total length of all lines operated December 81, 1891 145.25 miles.

2d track (owned), 7.66 ; sidings (owned, 39.47 ; leased. 10.6), 50.07 miles. Gauge, 4 ft, 9 in.
Rail— iron, 50 and 56 ; steel (o^ned, 101.79; leased, 43.15— total, 144.94), 56 and 60 Ibs.

History. — The Cumberland Valley RR. Co. was incorporated by the Legislature of
Pennsylvania by the Act of April 2. 1831. Road opened from Chambersburg, Pa., to Harris-
burg, Pa., 52 miles, in November, 1837. The Franklin RR. Co. was chartered in Pennsyl-
vania. March 12, 1832, and in Maryland, January 16, 1837. Road opened from Chambersburg,
Pa., to Hagerstown, Md., 22 miles, in 1839. On May 31, 1865, tbe Franklin RR. was merged
with the Cumberland Valley RR. Co. The Mont Alto RR., formerly operated as a branch of
the C. V. RR., is now operated by its own company, but in connection with the Cumberland
Valley RR.

Rolling Stock, December 31, 1891. — Locomotive engines, 34. Cars — passenger, 39 ;
baggage, mail, and express, 16 ; freight (box, 299 ; platform, 14 ; stock, 17 ; gondola, 309 ;
caboose, 11), 650 ; service cars, 27— total cars, 732.

Operations for year ending December 31, 1891 (main line, 82.20 miles).— Train mileage-
passenger, 332,325 ; freight, 173,330— total, 505,655 miles. Passengers carried, 783,861 ;
carried one mile, 13,880,765 ; average mile rate^ 2.20 cents. Tons freight moved, 929,175 ;
moved one mile, 39,848,471 ; average ton-mile rate, 1.245 cents.

Kxponses.— Transportation $188,241 27

Motive Power 209,159 52

Maintenance of Cars 119,473 40

Maintenance of Way
General . .

Earnings.— Passenger $305.474 25

Freight 496.912 47

Mail 12.487 11

Express 27,6003?

Miscellaneous 20,823 87

Total ($10.502.41 per mile). . .

$863,298 07

Total ($8.201. 82 per mile)

...$674,189 87

714

POOR'S MANUAL — CUMBERLAND VALLEY RR. CO.

Net earnings (21.90 per cent.), $189,108.20. Payments: Interest on bonds, $21,640;
taxes, $11,915.42 ; dividends (January, April, July, and October, 1891, 2 p. c. each), $142,228 ;
real estate purchased, $4,273.58— total, $180,057. Surplus, $9,051.20.

Statement of operations, etc. (all lines), for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Miles of Railroad .
Passenger Train Miles
Freight Train Miles
Passengers Carried
Passenger Miles

125.0
343,134
278,646
689,218
13,052.80.2
645,168
27,965,208
$
301,779
487,150
55,586

' 125.0
337,185
251,109
589,434
11,342,502
610,297
25,844,864

279,294
436,589
53,764

125.0
339,879
252,179
619,448
11,503,636
779,283
27,957,814

279,185
448,171
72,729

125.0
329,917
246,889
646,270
11,851,584
913,755
35,259,979

291,785
487,082
65,537

125.10
307.906

187,783
706,265
12,301,343

789,080
35,668,887

290,623
460,955
68,900

147.10
300,560
179,046
727,583
13,105,466
900,958
41,738,719
$
307,068
507,901
49,335

144.93
319,613
189,346
a35,238
13,298,522
1,240,286
49,902,130

353,382
619,126
64,375

145.25
435,481
322,870
880,070

16,275,579
950,277
42,295,855
$
356,722
547,807
69,847

Freight (tons) Moved
Freight (ton) Miles

Passenger Earnings

Freight Earnings

Miscellaneous

Gross Earnings
Expenses, Taxes, etc

844,515
629,285

769,647
524,651

800,085
605,026

844,404
651,429

820,478
619,579

861,304
645,302

1,036,883
785,482

974,876
778,598

Net Earnings

215,230

22,867
168,896
23,467

6,756 08
5,034 24
1,721 84
"4.51 p. c.
2.31 c.
1.66 c.

244,996
21,640
142,228
81,128

6,157 18
4.256 01
1,901 17
69. 13 p. c.
2.46 c.
1.69c.

195,059
21,640
142,228
31,191

6,400 68
4,840 21
1,56047
73. 29 p. c.
2.43 c.
1.60 c.

192,975
21,640

142,228
29,107

6,755 23
5,211 45
1,54378
77.15 p. c.
2.46 c.
1.38c.

200,899
21,640

142,228
37,031

6,563 83
4,956 61
1,60722
75.51 p. c.
2.36 c.
1.19 c.

219,002
21,640

142,228
55,134

5,875 62
4,386 83
1,48879
74. 66 p. c.
2.34 c.
1.14 c.

221,401
21,640
142,228
57,533

7,15437
5,327 25
1,827 12
74.46 p. c.
2.65 c.
1.84 c.

195,778
21,640
142,228
13,325

6,708 26
5.360 39
1,34787
79.91 p. c.
2.19 c.
1.29 c.

Interest
Dividends

Balance, Surplus

Gross Earnings per Mile
Gross Expenses per Mile. . .
Net Earnings per Mile
Expenses to Earnings
Av. Rate p. Pass. p. Mile. ..
Av. Rate p. Ton p. Mile. . . .

General Balance Sheet, December 31, 1891.

Road, Equipment, and Real Estate $2,044,943 64

Materials and Supplies

Trustees of Contingent Fund

Current Accounts

Cash on Hand

Other Assets...

72,057 51

574,349 44

25,573 83

95,096 78

129,582 73

Capital Stock (par, $50)

Funded Debt

Coupons and Dividends Due

Current Accounts

Other Liabilities . .

$1,777,850 00

270,500 00

38,185 50

71,679 82

39.533 65

Profit and Loss 743,854 96

Total Assets $2,941,603 93 Total Liabilities $2,941,603 93

DIVIDENDS PAID. — For statement of dividends paid by this company since its organiza-
tion, see MANUAL for 1891, and POOR'S HAND-BOOK OF INVESTMENT SECURITIES.

The funded debt consists of two series of bonds, viz. : 1st mortgage 8 per cent, bonds,
due April 1, 1904, $161,000 ; 2d mortgage 8 per cent, bonds, due April 1, 1908, $109,500.

Denomination of bonds, $500 and $1,000. Interest payable April and October, at Phila-
delphia, Pa. Dividends payable at Chambersburir, Pa.

The capital stock consists of $241,900 1st preferred, $243,000 2d preferred, and $1,292,-
950 common. Preferred stock and 8 per cent, bonds were formerly interchangeable. Annual
meeting, first Monday in October, at Harrisburg, Pa. Books do not close before either annual
meeting or dividend payments. Trustees of bonds, Frederick Watts, James McCormick, and
Henry J. Biddle. Registrar of stock, W. M. Biddle, Treasurer.

Statement of earnings, expenses, etc. (all lines), year 1891 :

Main Line.
(82.2 m.)

Cumb. Yal.
& Mar. RR.
(33.65 m.)

Dill. &
Mech. RR.

(7.7 m.)

S'thern Pa.
Ry.

(21.7 m.)

All Lines.
U45.25 m.)

Passenger Earnings

305,474 25

$
32,235 65

10,140 78

8,871 44

356,722 12

Freight Earnings . .

496,912 47

25,085 51

12,170 51

13,638 43

547,806 >.)•>

Mail Express etc Earnings

60,911 35

4,552 82

967 25

3,415 45

69,846 87

Gross Earnings

863,298 07

61,873 98

23,278 r>l

25,925 32

974,375 91

Operating Expenses

674,189 87

59,194 77

is, in 20

26,799 38

778.r,')X -J-J

Net Earnings ...

189,108 20

2,li7<) 21

4,864 34

* 874 06

195,777 69

* Deficit.

POOR'S MANUAL OF RAILROADS. 715

RAILROADS OWNED OR LEASED BY THE CUMBERLAND VALLEY RR. Co.

CUMBERLAND VALLEY AND MARTINSBUBG RAILROAD.-Winchester, Va., to

Potomac Hivor, W. Va.. :tt.fi~> miles— total track, 3s. 115 miles. Organised March 17. 18S*. a- Mirr.-.sor to the Mar-
tinsburg and Potomac RR. Co. (organized 1870 : road opened from Martinsbiirir, W. Va.. to Potomac River, 11.8
mil.-s. in IS'^i. whose property was sold under foreclosure sale November 17, !S.S7. Tlie extension from Martins-
burg. W. Va., to Winchester. Va., W miles, was built in IKS!). Earning-, ivn. s<il,S73.U8. Expenses, J.V.U'.t-l.^ ;
- •:>; :..!C). Deficit, $19«.r4. Capital stock (paid in.) consists of 7,(XK) shares of the par value of $1(» each.
THOMA< H. KKNNKDV. Pr^.-tlitnf, Chambersburg, Pa.: M. T. Ingles, Secretary, Martinsburg, W. Va. COKTOKATE
OFFH K. Martinsburg, W. Va.

DILLSBURG AND MECHANICSBURa RAILROAD.-Dillsburg^ to Mechanicsburg, 7.7 miles.
Sidings. :i.i;o miles. Hail isteel, 5.2 miles), 60 Ibs. Chartered in ISj) ; road opened in 1S73. Leased for !)!) years
from February •_«, 1873 ; rental, net earnings. Gross earnings, IS'ti, $-23.-J78.54. Expenses and ta<-
Net income. $4.. ">90.2ti, from which was paid interest on bonds. $6,000. leaving surplus of §1,409.74. Capital
— '.soo ; funded debt (1st mortgage 6 per cent. 20-year bonds, due August 1. l*!C>i. ?IOU.MJ<) ; dividends
and interest due, Sl,r>28.74 ; income balance, $14,491.48— total, $206,890.22. Contra ; Cost of road and equipment,
$205. »5.VJ. W : other assets, $164— total, §00ri.s2u.52. THOMAS B. KKNNKDV. President; W. M. Biddle, Secretary
<tr><! Treasurer. CORPORATE OFFICE, Chambersburg, Pa.

SOUTHERN PENNSYLVANIA RAILWAY AND MINING CO. -S. P. Junction to Rich-
mond, Pa., 21.70— total track, 2»i.«)2 miles. Chartered in 1869 as S. P. Iron & RR. Co.; road opened in 1871. Re-
organized after foreclosure sale in 1873 under present title— Southern Pennsylvania Railway and Mining Co.
Leased for net earnings to C. V. RR. Co. Gross earnings, 1891, g25.925.32. Expenses. |26,7B9.38 : tuxes. $149.10
—total. $26.948.48. Deficit, $1,023.16. Capital stock (par, §50), $800.000 ; 1st mortgage 7 per cent. 30-year bonds,
due in 1900. $625,000— total stock and bonds, $1,425,000. Cost of road and iron property, §974.065.86. "No interest
has been paid since March 1, 1875. THOMAS B. KENNEDY, President ; \V. L. Ritchey, Stcrrfurij. CORPORATE
OFFICE. Chambersburg, Pa.

Board of Directors, Cumberland Valley RR. Co., elected October 5, 1891.

Thos. B. Kennedy.. Chambersb'g. Pa. I Edward B. Watts Carlisle, Pa.

J. Herman Bosler Carlisle, Pa. | J. N. Du Barry.... Philadelphia, Pa.

George B.Roberts. Philadelphia, Pa. | W. W. Jennings Harrisburg. Pa.

John Stewart.. .Chambersburg, Pa.
A. J. Cassatt.. .Haverford P.O.. Pa.
John P. Green. . . .Philadelphia, Pa.

M. C. Kennedy Chambersburg, Pa. I H. H. Houston.. .Philadelphia, Pa.

THOMAS B. KENNEDY, President Chambersburg, Pa.

John Stewart, Vice- President Chambersburg, Pa.

Secretary and Treas. — W. M. Biddle. .Chambersburg, Pa. | Superintendent — J. F. Boyd Chambersburg, Pa.

PRINCIPAL OFFICE AND ADDUESS Chambersburg, Pa.

DANSVILLE AND MOUNT MORRIS RAILROAD COMPANY.

Line of Road.— Dansville, N. Y., to Mount Morris, N. Y 12.50 mile?.

Gauge, 4 ft. 8£ in.

History. — Incorporated in October, 1891, as successor to the Erie and Genesee Valley
RR. Co. (chartered January 4, 1868 ; road opened in 1872). This road was formerly leased to
the New York, Lake Erie and Western RR. Co., but that company ceased operating it on
October 22, 1891. (See statement of the N. Y., L. E. & W. RR. on page 417). Connects
with the W., N. Y. & P. and D., L. & W. RR. Cos.

Rolling Stock. — Locomotive engines, 2. Cars— passenger, 2 ; baggage, etc. , 1 ; freight
(box), 12 — total cars, 15.

Financial Statement. — Capital stock (par, $100), $50,000 ; funded debt (1st mortgage 5
per cent. 40-year $1,000 coupon bonds, due November 1, 1931, interest payable May and
November, at the company's office in New York City), $150,000— total stock and bonds,
$200.000. Contra : Cost of road (estimated), $210,000. The mortgage covers the company's
property, franchises, and estate. Payment of the first four coupons is optional, and is left
to the discretion of the directors. Trustee, Farmers' Loan and Trust Co., New York City.

Directors.— Lucius N. Bangs, Buffalo, N. Y.; Ambrose S. Murray, New York, N. Y. ;
August Stein, E. P. C. Lewis, Edwin A. Stevens, Hoboken, N. J.; George Freifeld, Brook-
lyn, N. Y ; C. E. Tolhurs', Rutherford, N. J. ; F. M. Perine, Chas. Shephard, Dansville, N. Y.

E. P. C. LEWIS, President Hoboken, N. J.

August Stein, Vice-Pres. and Treas New York, N. Y.

Sec. & Counsel.— A.. S. Murray, Jr . . . .New York, N. Y. [ Snpennteitdtnf-B. P. Humphrey Attica. N. Y.

PRINCIPAL OFFICE AND ADDRESS 60 Broadway, New York City.

716

POOR'S MANUAL OF RAILROADS.

DELAWARE BAY AND CAPE MAY RAILROAD COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused.}

Line of Road.— Cape May City, N. J., to Delaware Bay '. 3.50 miles.

Gauge, 4 ft. 8£ in. Rail (steel, 1.75 miles), 40 Ibs. per yard.

History.— Chartered April 12, 1879, and road opened in June, 1879.

Rolling Stock, May 27, 1889. Locomotive engines, 4. Cars — passenger, 9 ; baggage,
mail, and express, 1 ; freight (box), 1 ; other, 2— total cars, 13.

Operations for year ending December 31, 1889.— Train mileage and traffic statistics not
reported. Earnings— passenger, $10,299.56 ; freight, $102.50 ; other, $2,800— total, $13,-
202.06. Operating expenses, $6,977.83. Net earnings, $6,224.23. Payments : Interest on
bonds, $1,640; sinking fund, $1,000— total, $2,640. Balance, surplus, $3,584.23, less back
bills paid, $2,587.18— net, $997.05.

Financial Statement, December 31, 1889.— Capital stock (par, $50), $30,000 ; funded
debt, 1st mortgage 6 per cent. 30-year $500 coupon bonds, due in 1913, interest payable June
and December, $27,000; other liabilities, $3,000— total, $60,000. Contra: Cost of road,
equipment, etc., $49,952.26; cash on hand, $997.05.

Directors.— L. H. Cone, W. F. Russell, Charles H. Mason, R. P. Russell. S. A. Hen-
drickson, Alex. E. Harvey, John W. Paxson, Philadelphia, Pa.

W. F. RUSSELL, President Philadelphia, Pa.

Secretary— L. H. Cone Philadelphia, Pa. I Treasurer— Chas. H. Mason Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS Ill Chestnut St., Philadelphia, Pa.

DELAWARE AND HUDSON CANAL COMPANY.

Lines of Railroad Owned, Leased, and Controlled :

Albany and Susquehanna System (see page 195) ] 87.35 miles.

Champlain System (vsee page 196) 149.94 miles.

Pennsylvania System (for details, see page 720) 158. 63 miles.

Saratoga System (for details, see page ] 97) 191. 80 miles.

Total length of RR. system 687.72 miles.

Delaware and Hudson Canal : Honesdale, Pa., to Rondout, N. Y 108.00 miles.

Gauge, 4 ft. 3 in. and 4 ft. 8£ in. Rail (steel, 910.72 miles), 44, 56, 62, 66, 67, 68, and 80 Ibs.

Statement showing length of all RR. lines owned and operated June 30, 1891.

DIVISIONS.

PENNSYLVANIA.

NEW YORK.

VERMONT.

TOTAL.

Main
Track

2d
Track

Total
Track

Main

Track

2d
Track

Total
Track

Main
Track

2d
Track

Total
Track

Main
Track

2<1 Total
Track Track.

Steel
Rail.

Albany & Susquehanna.
Champlain
Pennsylvania
Saratoga

Total

M.

M.

Jf.

M.

187.35
149.94
17.05
155.15

M.

69.26

'50'.36
119.62

M.

344.15
182.84
26.21
289.53

842.73

Jf.

M.

M.

.If.
187.35
149.94

158.63
191.80

J/-. J/. M.
69.26 344. 15 256. (il
182.84117.93
73.01 354.13294.02
50.36 338. 23 242. Hi

140 '.98

'ri'oi

327192

36 '.65

'48'.70

140.98

73.01

327.92

510.09

36.65

48.70 687.72 192.63 1,219.35 910.72

History. — The Delaware and Hudson Canal Company was chartered by the New York
Legislature, April 23, 1823, to construct a canal and railroad from the coal fields of Penn-
sylvania to the Hudson River at Rondout, N. Y. The canal, extending from Honesdale to
Rondout, was completed in October, 1828, the State of New York having in 1827 loaned its
credit to the enterprise to the amount of $500,000, and again in 1829 for $200,000. The

POOR'S MANUAL — DELAWARE AND HUDSON CANAL CO.

717

Gravity Railroad was completed in 1829, in which year the coal product amounted to 7,000

tons.

The company is largely en«rao:ed in mining and sale of coal. The total output of coal in
1891 was 40,448,336 tons, or over 4,500,000 tons in excess of that of 1890, and over 2,250,000
more than in any year in the history of the anthracite trade. Coal produced from company's
mines. 8,973,286 tons; transported for others, 1.529,527 tons— total, 5,502,813. The gross
receipts «>f the entire system during the year equalled $19,109,202 77 ; expenses, $13.511,-
776.19; net earnings, $5,597,426.58. Paid taxes, interest, and rentals. $3,393,377.43. Balance,
Hurp'us, $'2/304.049.15.

•• The amount of coal carried over the leased lines of the company shows a gratifying increase, but the busi-
ness from other sources \vn> •.Tt-.-itly diminished in volume owing to the depressed condition of the iron and other
industries from which their revenue is generally derived, and there was an entire absence of the larire receipt*
from transportation of ice that swelled the earnings of the previous year, and the result is a debit to the profit and
loss account of $131.564.90 as against the profit of $417,534.49 lor 1890."

The company operates in the State of New York, under the name of the Northern Rail-
road Department (see pp. 195-197). the Albany and Susquehanna, the Kensselaer and Sara-
toga, and the New York and Canada RRs., with their branches and leased lines. The Rom*1
and Clinton, and the Utica, Clinton and Binghamton RRs. are leased by this company, but
were sub-leased June 1, 1886, to the New York, Ontario and Western Ry. Co. for 35 years, at
a minimum rental of $70.000 per annum (see GENERAL INDEX). In June. 1889, control of the
Adirondack Ry. Co. was acquired; it is operated separately. In November, 1887, a majority
of the stock of the Rutland RR. Co. was acquired with the intention of leasing that company's
road, but in December, 1890, the D. & H. C. Co. consented to a re-lease of that road to the
Central Vermont RR. Co.

Profit and Loss Account, year ending December 31, 1891.

To Coal on Hand, Dec. 81, 1890

To Mining Coal.

To Transportation Exp.. Canal. River, etc.
To Transportation to Tidewater ria Erie.

To Rondout Expenses

To Weehawken Expen-es

To Real Estate Expenses

To Salaries. Rent. Miscell. & Law Exp...

To Taxes

To Interest

To Balance, being Profit for the Year

8820.926 68 By Sales of Coal to December 31, 1891 £7.574,114 07

4.966,356 65 By Canal Tolls 55.570 10

867,334 96 , By Net Earnings from Railroads 1,125,694 68

716.486 16 By Miscellaneous Profits, including Insur-

177.151 23

68,977 51

16,326 74

175.999 21

258,743 10

721.149 09

2,204.049 15

ance Fund, Rentals, Boat Yard Ac-
count, Interest on Investments, etc. 656.299 08
By Coal on Hand Dec. 31, 1891 1,081,S22 55

Total $10,493.500 48 ' Total ..-. $10,493,500 48

Profit and Lv*s Mitt merit (Leased RRs. in y<io York], 1891.

From Passengers 81,808,21856 Maintaining RRs $957.123 74

From Freight 5.010.134 44 Maintaining Equipment 784.759 13

Miscellaneous 91,(U4 83 Operating Roads 2,905,59462

Hal. to Profit and Loss Acct. D. & H. C. Co. 121.564 'JO Rentals. Interest, and Dividends 2.413,485 24

Total f 7.030.962 73 Total Payments $7.030.962 73

Profit and Loss Account (all RRs. operated) in 1891.

Albany and Susquehanna. . .

aer and Saratoga

New York and Canada

Pennsylvania Division. . .

Totals

Interest, Rental, and Dividends,

Profit for 1891

Gross j Operating
Earnings. , Expenses.

Net
Earnings.

$ S

3,412.90055 2,182.51896! 1.230,38159

2.549.02786 1.662,29780, 886,73006

947.469 42 772.660 731 I',

10.275.051 52

2,118.39411; 1,247,25958

6,735.87160 3,539.179 S3
| 2,413.;-

NOTE.— The difference betu ten tiie ti^uies in the .-.bove stai.-iuent? and timsc iriven for the roads in New
York (see pp. 195-l!i7> arises from the fact that the above are for the calendar year, whereas those reported
in Mew York are for the year ending June 30. that being the^closu of the fiscal vear'in that State

718

POOR'S MANUAL — DELAWARE AND HUDSON CANAL CO.

Statement of profit and loss account and general balances D. & H. C. Co., and of earn-
ings of leased lines for eight years ending December 31 :

1884

1885

1886

1887

1888

1889

1890

1891

Profit and Loss Account.
Sales of Coal for Year
Canal Tolls . .

$ $
8,218,157 7.201,049
47,240 54,551
830,542 694.940
771,394 792,716

7,399,095
58,410
841,662
633,867

10,100,119
66.505
1.147,134
395.002

10,604,465
56,675
1,041,756
496,217
130,111
201,299

$
8,457,519
59,586
1,081,517
762,713

396,099

$ S

7,875,379 7,574,114
58,183 55,570
1,693,226 1,125,695
853,785 656,299

Net Earnings Pa. RR
Interest,SundryProfits,etc.
Profit on Leased Lines. . . .
Coal on Hand end of Year.

Total Credits
Coal on Hand beg'ng of Year
Mining Coal

892,804 649,905

332,653

183,697

320,927 1,081,822

10,755,137 9,393,161
745,436 892,805
4,549,480' 3,975,296

9,265,687
649,905
4,239,907
767,151
873,54?
408,930
1,069,067
21,695
1,175,485

11,892,457
332,652
5,019,147
885,810
1,159,114
574,233
973,572
37,624
2,910,305

12,530,523
183,697
5,313,138
932.281
1,164,827
605,452
986,994

3,344,134

10,757.434
201,299
4.757,231
986,576
614,710
664,382
995,340

10,801,500
396,098
4,673,519
908,822
554,083
710,745
989,894

10.493,500
320,927
4,96<i.357
867,385
716,486
697,198
721,149

Coal Transportation, etc. .
Canal Freight & Expenses.
Taxes & Sundry Expenses.
Interest
Loss on Leased Lines
Balance

557,501! 592,803
1,455,805: 826,988
585,446! 522,776
1,198,885 1,082,768
174,490 313,330
1,488,094 1,186,396

2,537,896

2,568,338

2,204,049

Total Debits
General Balances.
Canal

10,755,137] 9,393,161

6,339,210 6,339,210
6.468,864 7,134,089
9,325,365 9,628,325
2,792,417 2,795,485
790,799; 934,856
1,022,338' 1,022,938
300,000 300,000
3,597,075 3,597,075
291,756 299.196
1,611,254: 992,561
892,804 649,905
14,735 20^231
2,200,916 1,050792
3,372,060 2,740,040
1,122,648 2,605,107
1,701, 164| 1,359,832

9,265,687

6,339,210
7,257,329
9,725,394
2,792,511
1,007,821
1,022,938
300,000
3,597,075
272,965
943,091
332,652
207,056
1,617,769
2,586,396
3,142,853
1,316,154

11,892,457

6,339,210
7,276,629
10,787,388
2,815,844
893,723
1,022,938
300,000
3,878,724
272,965
1,000,711
183,697
214,197
1,171,013
2,604.359
3,663,840
1,592,072

12,530,523

6,339,210
7,457,660
10,894,093
2,839,869
890,208
1,022,938
210,000
3,895,666
367,149
1,015,584
201,299
261,029
1,117,119
4,176,519
3,719,169
1,212,860

10,757,434

6,339,210
7,912,506
11,097,452
2,941,515
995,207
1,062,467
210,000
3,921,027
490,508
1,198,257
396,099
372,934
959,132
5,093,367
1,904,528
1,447,751

10,801,500

6,339,210
8,534,119
11,459,325
3,033,470
1,036,331
1,062,467
210,0(10
3.997,211
620,765
1,032,596
320,927
•1,367,385
658,616
5,575,241
4,943,744
1,068,038

10,493,500

6,339,210
9,345,802
11.520,780
3,057,144
1,084,907
1,087,577
210,000
4,033,030
615,416
1,331,818
1,081,823
410,055
1,045,575
4,672,602
1,293,841
446,385

Road and Equipment
Real Estate

Mines and Fixtures

Coal Yard, Barges, etc
Lack, and Susq. RR
Cherry Val.,Sharon&A. RR.
New York and Canada RR .
Other Companies
Supplies on Hand

Coal on Hand

Other Property and Ass-ets.
Advances
Stock, Bonds, etc
Cash on Hand
Bills and Accounts

Total Assets
Capital Stock
Funded Debt

41,843,805
23,500,000
15,378,000

41,656,642
23.500,000
15,378,000

42,461,214
24,500,000
15,387,000

44,017,310

24,500,000
15,378,000

45,620,372
24,500,000
15,378,000

46,341,960
24,500,000
15,378,000

51,259,4-15
30,000,000
15,378,000

47,575,966
30,000,000
9,829,000
1,200,000
724,198
5,822,768

Loans Payable

Miscellaneous Accounts. ..
Profit and Loss

Total Liabilities

778,073
2,187,732

812,002
1,966,640

694,392

1,888,822

651,135
3,488,175

733,692
5,008,680

692,855
5,771,105

669,889
5,211,556

41,843,805

1,610,801
3,487,050
79,502

41,656,642

1,548,936
3,351,971

77,749

42,461,214

1,590,252
3,936,798

85,717

44,017,310

1.660,457
4,370,474

88,154

45,620,372

1,714,170
4,536,173
83,574

46,341,960

1,724,686
4,612,272
86,116

51,259,445

1,775,884
5,481,690
86,057

47,575,966

1,808,219
5,010,134
91,045

Leased Lines.
Earnings. Passenger

Earnings, Freight
Earnings, Miscellaneous. . .

Total Earnings

Operating Expenses
Rentals Paid

Total Payments
Loss or Gain, D. & H. Co. .

5,177,353

3.454,092
1,897,751

4,978,656

3,343,513
1,948,473

5,612,767

3,526,868
2,107,594

6,119,085

3,998.088
2,158,619

6,156,707

6,333,917

4,019,654

2,184,152

6,423,074

4,050,364
2,265,655

7,343,631

4,625,429
2,300,668

6,909,398

4,617,478
2,413,485

5,351,843

5,291,986

5,634,462

6,203,806

6,316,019

6,926,097

7,030,963

(L) 174,490

(L) 313,330

L) 21,695

(L) 37,622

(G) 130,111

i

(0)107,055

(G) 417,534

(L) 121,565

DIVIDENDS. — During 1884 the company paid regular quarterly dividends of If per cent,
each— two on $20,000,000 and two on $23,500,000— amounting to $1,522,500 ; during 1885
regular quarterly dividends of 1-J- per cent, each, amounting to $1,410,000 ; in 1886 regular
quarterly dividends of 1£ per cent, e ch, amounting to $1,175,000 ; in 1887 regular quarterly
dividends of H per cent, each on $24,500,000. amounting to $1,225,000 ; in 1888 regular quar-
terly dividends of 1£ per cent, each on $24,500,000, amounting to $1,470,000 ; in 1889 regular
quarterly dividends of 1| per cent, each, amounting to $1,715,000 ; in 1890, two quarterly
dividends, at If per cent., amounting to $1,715,000, and a stock dividend of $1,375,000 ;
in 1891, quarterly dividends of If per cent, on $30,000,000, amounting to $2,100,000, making
the total amount paid in dividends to date $56,548,495, of which1$49,904,995 was paid in cash
and $6,643,500 in stock. (For statement showing increase of capital stock and amount and
rate of dividends paid from 1826 to 1883, see MANUAL for 1884, page 247. For statement
of all dividends paid to date, see POOR'S HAND-BOOK OF INVESTMENT SECURITIES.)

POOR'S MANUAL — DELAWARE AND HUDSON CANAL CO.

719

On the 8th of May, 1883, an increase of the capital stock from $20,000,000 to $30,000,000
was authorized, the new stock to be offered to stockholders pro rata at par, and the proceeds
to be used in retiring the bonds maturing in 1884, 1887, and 1891. In 1884, $3,500,000 of this
stock was issued at par to retire the $3,385,000 7 per cent, bonds, which matured July 1, 1884,
the stock so issued being allotted to stockholders in the proportion of one share of new stock
for e:ich six shares of old. In December, 1886, $1,000,000 additional was issued and the
proceeds used in retiring an equal amount of bonds of the Union Coal Co., due January 1,
1887. The remaining $5,500,000 was issued in 1890 at $75 per share to stockholders of
record October 15, 1890, and the proceeds have been applied to meet the first mortgage
bonds, maturing in 1891, the additional amount necessary (equal to $25 per share), being
provided from surplus dividend accumulations, and being in the nature of an extra dividend.

Canal $6.339,81049

Railroad and Equipment 9,345,802 37

Real Estate 11.520,779 66

Mine Improvements 2.609.766 60

Mine Fixtures and Equipment 447,377 39

Boats, Barges, and Steamboats 899,774 00

Coal Yards and Fixtures 185,132 64

Lackawanna and Susquehanna RR 1,087.57716

Cherry Valley. Sharon and Albany RR. . . 210,000 00

New York and Canada RR 4,033.029 91

Mechanicville and Fort Edward RR 51,998 07

Schenectady and Mechanicville RR 214,895 01

Construction Albany & Susquehanna RR. 345,523 24

Telegraph Lines.. 18,707 74 I

Supplies on Hand 1,331,818 49

Shop Machinery, Tools, etc 391,34712

Coal on Hand 1,081,822 55

Advances to Leased Lines 376 16

Stocks and Bonds 4,672,601 76

Advanced Royalties on Coal 1 ,045,200 06

Cash 1,293,841 10

Bill? and Accts. Receivable. . .$2,590,375.27

Less Dec. Pay Rolls & Vouch. 2,143,990.54— 446,384 73

General Balance Sheet, December 31. 1891.

Capital Stock (par $100) $30,000,00000

Bonds: 1894 $4,829.000.00

1917 5.000,000 00— 9,829,000 00

Interest and Dividends payable Jan. 1, 1892 443.828 00
Dividends, Interest and Bonds Unpaid. . . 280,370 08

Loans Payable 1,200,00000

Surplus or Dividend Fund 5,822,768 17

Total Assets...

$47,575,9fi6 25

Total Liabilities $47,575,966 25

The item '•' Stock and Bonds " in above balance sheet consists of (4,500 shares) $450,000
Albany and Susquehanna RR, stock, (16,000 shares) $1,600,000 Rensselaer and Saratoga RR.
stock, (40,000 shares) $1,500,000 Rutland RR. stock, $711.149.44 Adirondack RR. stock,
$357,982.32 sundry stocks, and $53,470 of sundry bonds— total, $4,672,601.76.

Funded debt outstanding ($9,829,000) consisted, December 31, 1891, of :—

Debenture (coupon and registered) 7 per cent. 20-year bonds, due 1894, interest April and October $4,829.000

let mortgage coupon and registered (Pa. Division; 7 per cent. 40-year bonds, due 1917, interest M. & S. 5,000,000

The bonds secured by mortgage upon the Pennsylvania property are $10,000,000 in
amount, of which $5.000,000, maturing in 1894, called "debenture" bonds, are of the
denomination of $1.000 each. Numbers 1 to 1,000, and 3.001 to 5,000 being coupon bonds
with provision for registration of principal. Numbers 1,001 to 3,000 are registered. These
bonds contain a covenant to the effect that, if the property of the company in Pennsylvania
should at any time before their maturity become mortgaged, such mortgage shall include
and cover these bonds and the debt by them represented. Of this issue, numbers 1 to 1,000
and 3,001 to 4,000 were issued in London in 1875 by Morton, Rose & Co., bear their indorse-
ment, and are on the official list of the London Stock Exchange. Bonds of the same issue,
without their endorsement, to the amount of $1,000,( 00, are on the same list. The remaining
$5.000,000, maturing in 1917, were originally issued as coupon bonds of $1,000 each, with
the privilege of registration in sums of $5,000. Of these a considerable number have already
been converted into registered bonds.

720

POOR'S MANUAL — DELAWARE AND HUDSON CANAL CO.'s SYSTEM.

The authorized amount of the Is 0/1917 is $10,000,000, of which $5,000,000 are reserved
to retire the debentures at maturity. These bonds are coupon, $1,000 each ; and registered,
$5,000 each. Coupon bonds are numbered 1 to 5,000. These bonds are secured by mortgage
of the real estate, coal lands, railroads, etc., of the company in the State of Pennsylvania ;
trustee, Union Trust Co., New York The registered bonds into which coupons are con-
vertible are for $5,000 each, dated when issued, transferable on the books of the com-
pany. Stock and bonds listed on New York Stock Exchange ; debenture and Pennsylvania
Division bonds on London Stock Exchange, and also quoted in Glasgow.

Annual meeting, second Tuesday in May ; books close for annual meeting about 30 days
previously. Dividends are payable at the office of the company, 21 Cortlandt Street, New
York, quarterly, the 15th of March, June, September, and December, and the books close
about the 25th of the month preceding each payment. Interest is payable in New York at

company's office.

Board of Managers, elected May 10, 1892.

Legrand B. Cannon. New York, N.Y.

James Roosevelt.
Robert M. Olyphant.
Benjamin H. Bristow

Chauncey M. Depew. New York, N.Y.

Al. Van Santvoord.New York, N. Y'

R. Suydam Grant. . " Samuel Spencer. ..
Wm. H. Tillinghast " " James A. Roosevelt " "

Cornelius Yanderbilt " " A. E. Orr "

O. P. C. Billings New York, N. Y.

ROBERT M. OLYPHANT, President New York, N. Y.

Vice-Pres.— Le<rrand B. Cannon New York, N. Y. I Treasurer— James C. Hartt New York, N. Y.

2d Vice-Pres.— Horace G. Young .Albany, N. Y. | Secretary— F. Murray Olyphant

\ Coal and Iron Exchange, cor. Cortlandt and
\ New Church Streets, New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS

DELAWARE AND HUDSON CANAL CO.'S SYSTEM.— Pennsylvania

(Railroad) Division.
Lines of Road :

Lackawana and Susquehanna RR.: Nineveh, N. Y., to Jefferson Jc., Pa. (owned). 2%. 01. miles.

Jefferson RR.: Jefferson Junction to Carbondale, Pa. (trackage) 34.60 miles.

Valley RR.: Carbondale, Pa., to Scranton, Pa. (owned) 16.77 miles.

Northern Coal andiron Co.: Green Ridge, Pa., to Plymouth, Pa. (leased) 21.98 miles.

Nanticoke RR.: Mill Creek, Pa., to Wilkesbarre, Pa. (trackage) 2.40 miles.

Lehiqh Valley RR.: Wilkesbarre, Pa., to South Wilkeabarre, Pa. (trackage) 1.62 miles.

Dd.* L. & W. HR.: Scranton, Pa., to D., L. and W. Stat., Scranton, Pa. (trackage}. 0.44 mile.

/,. and B. RR.: Plymouth, Pa., to Bull Hun Switch (trackage) 0.78 mile.

Gravity RR.: Olyphant, Pa., to Honesdale, Pa. (owned ; gauge, 4 ft. 3 in.) 56.23 miles.

Branches and Spurs : Main Line to Collieries (owned) 1.80 miles.

Total length of lines operated Pennsylvania RR. Division 158.63 miles.

Gauges, 4 ft. 3 in. and 4 ft. 8| in. Rail (steel, 294.02 miles), 44, 46, 56, 62, 67, and 80 Ibs.
Statement of all tracks operated :

STATE.

Main
Line.

Second
Track.

Third
Track.

Fourth
Track.

Sidings
and Spurs.

Total
Track.

Steel Bails.

Pennsylvania

M.

140.98
17 65

M.

73.01

.)/.
9.97

M.

5.56

M.

98.40
8 56

.]/.
32^.92

26 21

M.

'267. SI
26 21

Total ... •

158.63

73.01

9.97

5.56

106.96

964.13

294.02

Rolling Stock, December 31, 1891. — Locomotive engines, 95. Cars— passenger, 40 ;
etc., 17 ; excursion, 26 ; coal, freight, etc., 4,826 — total cars, 4,909. Also, 2 steam
coal shovels. Of the above equipment, 3 locomotives, 10 passenger, 7 baggage, 26 excursion,
and 4,724 coal and freight cars are used on the Gravity RR.

Coal Tonnage. — During the year ending December 31, 1891, the coal transported was
as follows : From company's own mines and purchased by company, 3,809,242 tons ; from

3F RAILROADS. 721

other parties, 1. 526,329 tons— total, 5,335,571 tons. This tonnage was distributed as follows:
1,753,044 tons via Iloneedale ; 1,689,196 tons west, rf.i N. Y.. L. E. & W. RR,; 1,497,723
tons north, via Albany and Susquthanna RK.; 221,295 tons south, and 174,313 tons by local
sales.

Operations for year ending December 31, 1891.— Pennsylvania Division (102.40 miles).—
Train mileage— passenger, 364,830 ; freight and coal, 1,188,504— total 1,553,334 miles. Pas-
sengers carried, 1,173,582; carried one mile, 11.787,799. Tons freight and coal moved, 6,-
1 1:>:. 424 : moved one mile, 244,520,127. Earnings— passenger, $281,677.41 • freight and coal;
$2,863. 699. 59; miscellaneous, $7,548.82— total, $3,152,925.82. Operating expenses— main-
tenance of way. $195,409.36; maintenance of equipment, $161.224.44; transportation, etc.,
$1,050,543.96; expenses Gravity RR., $498,488.48— total, $1,905,666.24. Net earnings,
$1,247,259.58.

DELAWARE, LACKAWANNA AND WESTERN RAILROAD COMPANY.

(For map of this system, see page 723.)

Main Line of Road. — Delaware River (X. J. Line) to New York State Line. .114.61 miles.

Bloo'uitburg Branch : Scranton, Pa., to Northumberland, Pa 80.00 miles.

Wiiitoi, . Keyser Valley and tftorrs Branches 16.73 miles.

Lines leased in State of Xew York (including N. Y., Lack. &• West, in Penn.). .4C0.74 miles.

Lines leased in State of New Jersey 176.21 miles.

Lines controlled and operated. ' 110.52 miles.

Total length of all lines owned, leased, and controlled January 1, 1892 898.81 miles.

Gauge, 4 ft. 84- in. Rail (steel, 1,763.66 miles), 60 to 75 Ibs.

History. — Originally the Ligetts Gap RR., incorporated by special act of Pennsylvania
Legislature, approved April 7, 1832, chartered March 19, 1849, name changed by special act
of Pennsylvania Legislature, approved April 14, 1851, to Lacka wanna and Western. Con-
solidated April 30, 1858, with the Delaware and Cobb's Gap RK. (chartered December 4, 1850),
and name changed to " The Delaware, Lackawauna and Western RR. Company." Road
opened from Scranton to Great Bend October 20, 1851, and from Scranton to the Delaware
River May 27, 1856. In 1857 a lease was taken of the Warren RR., extending from the
Del ware River to a junction with the Central RR. of New Jersey, the latter line being used
up to 1875 as an outlet to the Hudson River. In 1868 a lease was taken of the Morris and
Essex RR., whi<-h now, with the Warren RR., forms tliis company's line to the Hudson. In
1855 a perpetual lease was taken of the Cayuga and Susquehanna RR. In 1869 a lease was
taken of the Oswego and Syracuse RR. In 1869 control was obtained of the the Syracuse,
Binghamton and New York RR., by the purchase of the major part of its slock. In 1871
the Valley RR., extending from Great Bend to Binghamton, was built, in order to form a
connection with the Syracuse, Binghamton and New York RR., the Greene, and the Utica,
Chenango and Susquehanna Valley RR. leased lines. In 1873 the D., L. & W., and the
Lacka wanna and Bloomsburg RR. Cos. were consolidated. In September, 1881, the company
obtained control of the Sussex RR. of New Jersey, by the purchase of a major part of its
siock. In October, 1882, a lease was taken of the New York, Lackawanna and Western Ry.,
which extended the line to Buffalo, and in November following of the Passaic and Delaware
RR. in Xew Jersey.

In May, 1889, an operating contract was made with the Morris and Essex Extension RR.,
1.91 miles, to the city of Patersou. In May, 1890, an operating contract was made with the
Passaic and Delaware Extension RR., extending from Bernard sville to Gladstone, New Jer-
sey. 7.40 miles.

Rolling Stock (all lines owned and leased, 788.29 miles).— Locomotive engines, 564. Cars
—passenger, 386 ; baggage, mail, and express, 155 ; freight (box, 11,539; platform, 4,663 ;
coal, 17,863)— total, 84,606. Also 1,193 service cars.
46

722 POOB'S MANUAL — DELAWARE, LACKAWANNA AND WESTERN RR. co.

Statement (A) showing mileage of all lines owned, leased, or operated December 31, 1891 :

Single
Track.

Double
Track.

Length
of RR.

Sidings.

Total
Track.

Steel
Rails.

Iron
Rails.

State of Pennsylvania :
Main Line

Miles.

Miles.

114 61

Miles.

114 01

Miles.
81 73

Miles.

Miles.

oq-a A(\

Miles.

Bloomsburg Division

57 32

22 68

80 00

97 68

200 °6

151 52

4K K4

Keyser Valley Branch

4.11

2.32

6 43

13 93

22 68

14 02

8fifi

Winton Branch

7 50

7 50

0 14

7 64

7 50

014

Storrs Branch
New York, Lackawanna and Western in Pa

2.80

""eiii

2.80
6.41

1.61

4.41

12.82

4.41

12.82

Total Pennsylvania
State of New Jersey :
Morris and Essex

71.73
11.66

146.02
108.19

217.75
119 85

195.09
167 43

558.86
395 47

483.67
301 83

75.19
93 64

Morris and Essex Extension

1 91

1 91

2*08

3 c)9

3 92

Newark and Bloomfield
Passaic and Delaware

1.49
13.99

2.75

4.24

13 99

3.71
2 71

10.70
16 70

9.35
6 20

1.35
10 50

Passaic and Delaware Extension
Chester
Warren

7.40
10.02

4 78

14 02

7.40
10.02

18 80

1.35
1.80
8 63

8.75
11.82
41 45

8.56
1.53
36 95

0.19
10.29
4 5ft

Total New Jersey
State of New York: ' .
Valley
New York, Lackawanna and Western

51.25
'"i'.24

124.96

11.64

206.55

176.21

11.64

207 79

187.71

3.00
127 79

488.88

26.28
542 13

368.34

25.60
542 13

120.54
0.68

Greene . .

8.10

8 10

0 68

8 78

8 13

0 65

Utica, Chenango and Snsquehanna Valley
Cayuga and Susquehanna . .

97.41
34 41

97.41
34 41

28.49
6 34

125.90
40 75

103.75

34 41

22.15
6 34

Oswego and Syracuse

34. 98

34.98

23.17

58.15

39.88

18.27

Total New York

176 14

218 19

394 33

189 47

801 99

753 90

48 09

Total Owned and Leased . .

209 12

489 17

788 29

572 2?

1 849 73

1 605 91

243 82

Controlled and Operated:
Sussex

29 52

29 52

6 00

35 5°

29 56

5 96

Syracuse, Binghamton and New York

49 50

31 50

81 00

37 49!

149 99

128 19

°1 80

Total Controlled

79 02

31 50

110 52

43 49

185 51

157 75

27 76

Grand Total

378 14

520 67

898 81

615 76

2 035 °4

1 763 66

271 58

Operations. — Statement (B) showing for year ending December 31, 1891, traffic oper-
ations, earnings, expenses, etc., of all lines owned, leased and operated :

OAVNED AND LEASED ROADS IN —

CONTROLLED ROADS.

Total on all
Lines
Leased,
Owned and
Controlled.

Penn.

New York.

N. Jersey.

176.21

2,045,654
2,157,545
1,186,927

Total.

Syracuse,
Bingham .
&N. Y.

Sussex.

Total.

Miles RR. Operated
Train Mileage—
Passenger

217.75

936,103
2,516,541
4.227,321

394.33

1,409,416
3,038,549
1,893,439

788.29

4,391,173
7,712,635

7,307,687

81.00

252,837
535,826
32,841

29.52

74,371
75,699
6,434

110.52

327,208
611.525
39,275

898.81

4,718.381
8,324,160
7,346,962

Freight

Coal

Total
Passengers Carried.
Pass. Carried one M.
Tons Freight Moved
Tons Ft. Moved 1M.
Traffic Earnings-
Passenger

7,679,965
1,623,485
42,830,693
9,622,698
563,922,488

849,571 79
1,786,14089
3,809,591 73
1,381,17637

6,341,404
1,268.709
45,939,678
5,719,204
817,371,091

857,750 78
2,993,254 98
4,120,521 36
662,423 36

5,390,126
9,011,817
134,669,946
4.590,980
263,773,525

1,896,828 26
1,395,667 40
1,749,619 01
509,275 06

5,551,389 73

1,476,969 87
1,501,16285
783,979 70

19,411,495
11,475,878
223,440,317
11,383,567
1,645,067,104

3,604,15083
6,175,06327
9,679,732 ft
2,552,874 79

821,504
292,330
8,818,748
1,551,667
85,943,371

194,786 31
217,437 48
347,004 00
119,232 25

156,504
95,111
944,917
98,194
1,718,070

28,802 68
43.244 74
12,12852
20,495 09

978>008 20,389,503
387,441 11.863,319
9,763.665 233,203,982
1,649,861 13,033,428
87,661,441 1,732,728.545

223,58899; 3,827,73982
260,682 22 6.435,745 49
359,132 52 10.038,864 62
139,727 34 2,692,602 13

Merchandise
Coal

Miscellaneous. . . .

Total Earnings.
Traffic Expenses-
Passenger...
Merchandise
Coal

Total Expenses.
Net Earnings
Gross Earn'gs p. M.
Operating Ex. p. M.
Net Earnings p. M.
Expenses to Earn'gs
Earn'gsp.Pass.p.M.
Earn'gs p. Ton p. M.

7,826,480 78

603,164 35
1,674,628 92
2,190,611 08

8,633,950 48

900,901 85
2,339,699 08
1,241,071 76

22,011,82099

2,981,036 07
5,515,490 85
4,215,662 54

878,46004

148,696 69
297,057 71
48,093 56

104,671 03

41,84762
38,432 42
2,690 34

983,131 07 22,994,952 06

190,54431 3,171,58038
335.490 13 5.850,980 98
50,783 90. 4,2H(3,446 44

4,468,404 35
3,358,076 43
35,942 50
20,520 80
15,421 70
57.09
1.983
0.992

4,481,672 69
4,152,277 79
21,895 24
11,765 28
10,129 96
51.90
1.867
0.870

3,762,11242
1,789,27731
31,504 39
21,350 16
10,154 23
67.76
1.408
1.192

12,712,189 46
9,299,631 53
27,923 50
16,126 28
11,79722
57.75
1.613
0.963

493,847 96
384,612 08
10,84518
6,096 86
4,748 32
56.21
2.203
0.656

82,970 38
21,70065
3,545 77
2,810 65
73512
79.26
3.060
3.223

576,818 34
406.312 73
8,895 54
5.219 13
3.676 41
58.67
2.283
0.707

13,289.007 80
!».7<i:>.94426
25,583 77
14.785 11
10,798 66
57.79
1.641
0.957

723

724 POOR'S MANUAL — DELAWARE, LACKAWANNA AND WESTERN RR. co.

Statement (C) of capital account and operations of all lines owned and leased for seven
years.

1885

1886

1887

1888

1889

1890

1891

Length of Road
Miles of Track

776.99

1,717.30
1,387.98

3.077,623
4,091,349
6,840,908
14,009,879
7.529,121
188,072,880
8,203.714
1,162,631,652
5.583,996

2,327,846 18
12,149,082 63
1,448,530 63

777.02
1,726.12
1,419.16

3,576,350
4,702,084
7,412,568
15,691,002
8,152,228
143,384,351
9,318,773
1,315,249,598
5,902,452

*3,028,487 18
t5.611,69148
$9,035,663 50

777.55
1,745.50
1,453.92

3,764,678
4,937,328
8,308,554
17,010,560
8,890,340
159,678,033
10,558,055
1,475,638,659
6,904,028

s

*3,483,294 50
t6,080,298 70
111,237,460 oo

778.98
1,772.57
1,497.00

4,273,797
5,246,801
9,448.441
18,969,039
9,046,023
175,517,456
11,479,508
1,630,195.460
7,857,637

*3.679,284 34
t5,762,01126
$12,138,123 55

780.79
1,796.60
1,533.19

4,212,317
6,782.187
7,421,661
18,416,165
9,959,753
187,985,189
10,455,905
I,5fi8,08i,352
6.231,856
1
*3,807,59419
t6,798.60589
?9,276,!)7'287

788.29
1,832.60
1,575.11

4.215,188
7,379,996
7,244,735
18,839,919
10,890,168
203,349.951
11,097,150
1,630.091,153
6,566,463

$

*4, 146, 184 58
t7, 17 3,397 97
$9,799,440 47

788.29
1,849.78
1,605.91

4,391,173
7,712,635
7,307,687
19,411,495
11,4T5.S7S
223,440,317
11,383.567
1,645.067,104
7,059,722

3,604.150 83
15,854.795 37
2,552,874 79

Miles of Steel Rail

Passenger Train Miles..
Freight Train Miles . . .
Coal Train Miles

Total Train Miles
Passengers Carried
Passenger Miles
Freight (tons) Moved . . .
Freight (tou) Miles . . '. . .
CoalT.(mkd fght.), gross

Passenger Earnings
Freight Earnings
Other Receipts

(jross Earnings

17,925,459 44
15,166,218 19

17,675.842 16 20,801.053 20
14,667,023 55 19,044,803 68

21,579,419 15il9,883,172 95
21,653,002 96 18,364,448 92

21,119,023 02 22,011,820 99
19,569,622 44 19,837,933 50

Earn, from other sources
Earn, fromall sources ..

Ex. and Taxes, RR
New Equip, and Tracks.

31,091,67763

8,397,813 13
443,182 43
14,822,759 10

32,342,865 71

9.519,910 01
164,029 66
15,434,523 25

39,845,856 88

11,191.36230
810,061 21
19,602,638 19

43,232,422 11

12,051,57251
967.605 02
21,494,56261

38,247,621 87

12,109.49650
223,577 46
18,544,089 34

40,688,-645 46:41,849,754 49

12,424.214 11 i 13,117,884 77
240,01926 121,47429
20,075,644 53 20,776,706 07

Total Expenses

23,663,754 66
7,427,922 97
261,507 17
4,985,582 00
1,965,000 00

20,496 35
10,808 14
9,688 21
52.73 p. c.

26,200,000 00
3,674,000 00
11,307,89891

25,118,462 92
7,224,402 79
257,180 00
4,929,531 17
1,834,000 00

22,748 24
12.251 82
10,496 42
53.86 p. c.

$

26,200,000 00
3,674,000 00
11,511,59053

31,504,061 70
8,341.795 18
257,180 00
4,946,239 50
1,834.000 00

26,752 05
14,264 50
12,487 55
53. 32 p. c.

26,200,000 00
3.674,000 00
12,815,966 21

34,513,740 14
8,718.681 97
257,180 00
4,9(51,23950
1,834,000 00

27.702 15
15.470 90
12,231 19
55. 85 p. c,

26,200,000 00
3,674,000 00
14,482,228 68

30,877,16336
7,370,458 51
257,180 00
4,965,195 33
1,834,00000

25,465 45
15.509 28
9,956 17
60. 90 p. c.

26,200,000 00
3,674,000 00
14,796,311 86

32,739,877 90
7,948,767 56
256,873 75
5,071,62033
1.384,00000

26,790 93
15,056 65
11,73428
56. 20 p. c.

26,200,000 00
3,667,000 00
15,582,585 34

34,016,065 13
7,833,689 3«
256,690 00
5.161,53617
1,884,000 00

27,923 50
If). 126 28
11,79788

57. 75 p. c.

26,200,000 00
3,667,000 00
16,164,048 53

Net Earnings
Interest
Rentals
Dividends

RR. Earnings per Mile..
RR. Expenses per Mile .
RR. NstEarn'gs p. Mile
RR. Expenses to Earn'gs

Capital Stock.
Funded Debt

Profit and Loss
Total Liabilities

Permanent Property ....
Stocks and Bonds
Materials and Supplies .
Net Current Accounts. .

Total Prop. & Assets.

41,181,898 91

34,508,047 44
5,374,918 00
941,370 69
357,562 78

41,385,590 53

34,496,431 37
4,770,653 82
1,221,17392
897,331 42

42,689,966 21

34,669,225 78
5,735,778 82
1,246,97642
1,037,985 19

44,356,228 68

34.538,225 78
5,873.340 00
1.361,91297

44,670,311 86

34,804,645 64
5,687,090 00
1,506,339 12

45,449,585 34

34,804,645 64
8,789.440 00
1,738,296 99
117.20271

46,031,048 53

31,804,645 64
8,829,966 00
1,742,227 77
654,209 12

2,582,749 93

2,672.237 10

41,181,898 91

41,385,590 53 42,689,966 21 44,356,228 68 44,670,311 86 45,449,585 34

46,031.048 53

* Passenger Earnings.

t Merchandise Earnings.

J Coal Earnings.

General Balance Sheet, December 31, 1891.

Construction, Equipment, etc . . $34,804,645

Materials and Supplies 1,742,227

Stocks and Bonds (mkt, val., $9,291,580). 8,829,966

Coal on hand (less than mkt. val.) 1,451,070

Advances to Leased Lines 1,985,113

Advances on Coal, etc 1,766,254

Coal Bills and Accounts Due 1 ,474,470

Sundry Accounts and Loans 938,109

Cash on Hand. . . 1,010,903

64 Capital Stock (par, $50)

77 Funded Debt

00 Div., Int., and Rent past due

21 D., L. & W. Dividend, payable Jan. 20,

34 Rent Payable after Jan. 1, 1892

95 i State Taxes, Payable after Jan. 1, IBM
91 ! December Pay Rolls, pay. after Jan. 1,
34 I Vouchers and Acc'ts, pay. after Jan. 1,
23 Bonds and Mortgages

Sundry Transportation Accounts

Profit and Loss . .

'92

Total Assets $54,002,761 39

£26,200,000 00

3,667,000 00
112,906 21
458,500 00

1,695,454 93
326,154 18
797,612 34

1,498.191 2s
496,851 42

2,586,042 50
16,164,048 53

Total Liabilities...

.$54,002.7(51 39

The rentals were as follows : To the Morris and Essex, 7 per cent, on stock and 7 to 5
and 4 on bonds ; to the Oswego and Syracuse, 9 per cent, on capital stock and 7 and 5 per
cent, on bonds; to the Utica ,Chenango and Susquehanna Valley, 6 per cent, on capital stock;
to the Valley, 5 per cent, on capital stock and on bonds ; to the Greene, 6 per cent, on capital

POOR'S MANUAL — DELAWARE, LACKAWANNA AND WESTERN RR. CO. 725

stock and 7 per cent, ou bonds ; to the Cayuga and Susquehanna, $54,600 (fixed rental) ; to
the NVarren, 7 per cent, on stock and bonds ; to the Chester, 7 per cent, on bonds ; to the
Newark and Bloomfield, 6 per cent, on stock ; to the Passaic and DeJaware, 5 per cent, on
capital stock ; to the Xe\v York, Lackawanmi and Western, 5 per cent, on capital sto-:k and
5 and 6 per cent, on bonds. The Chester and the Newark and Bloomfields RRs. are leased
to the Morris and Essex RR. Co., and the leases assumed by the D., L. & VV. RR. Co. To
the M. X- E. Extension RR., 4 per cent, on capital stock. To the Passaic and Delaware
Extension RR., 4 per cent, on capital stock.

Statement (D) of length, capital account, cost, earnings, and rental charges of D., L. &
AN". Railroad Department, and leased and operated roads for 1891 :

NAME OF ROAD.

|

~-

LIABILITIES

Cost of
Road,
EquipnTt.
Mines,
etc.

EARNING?, 1891.

PAYMENT.

Stocks.

Bonds.

Other

Debt.

Total.

Gross.

Net.

Divi-
dends.

Interest.

Del.. Lac. £ West....

Total in Penn

" JV~' >'• Y/irk :
Lack. &West.
Cavii^a »fc Susquehan.
Vallev
Utica. Chen. & S. Vy.
Greene
Os\ve£o A: Syracuse..

Total in X. Y
Z ?';/<-> ;/( .V. J. ;
Morris and Essex
M. A E. Extension...
Chester

V.
211.34

|

26.200.000

3.607.000

S

29,867,000

|

34,804,646

7,826,481

3.35S,076

256,090

211.34

S143Q

34.41
11.64
87.41

8.10

26.200.000

10,000,000
589.110
760,000
4,000.000
200,000
1,330,430

3,667.000
20.350.00o! 1,000,738

29,867,000

31,350.738
589,110
1.160.620
4.222.479
400,086
2,499,728

34,804,646
31 350 738

7,826.481

3.:iV-:.<'7fi

1,834,000

500,000
54,600
37 500

256,690
1,099,000
""20,666

600.000:
1,160,620
4,222,479

400,086
2,471.064

400.000

200,666
1,106,000

10,620
882,479
86
78,328

^ 8,633,950

.

!

4.152.27^

240.000
12,000
118,836

14,000
64,080

400.74

119.85
1.91
10.02
4.24
18.80
13.99
7.40

16.859,510

15,000,000
221,000
98.500
103,850
1.800.000
111.080
100.000

22,056,000
24.444.000

1,307,251 40,222,761

198.434 39.642.4:34
129.8121 350.812
26,176; 224,676
160,425 264,275
39.236 3.189.236
10.219 121.269
116,350 216,350

40,204,987.

3S..W.4^
350,812
224.676
264.275
3.189.23H
121,208
216.350

8,633,950 4,152.278
1

MMM

1.050.000
8,840

1,197,060
1.699.417

100,000

i :;;:;;;

7,000

Newark & Bloomfield
Warren
Passaic & Delaware..
Pa-saic <fe Del. Ext...

Total in X. J

Tot.Own'd&Leas'd
Syracuse. B. <fc N. Y..
Sussex

Total Contr.&Oper.
Total of all Line?...

j.

6.231
126.0CO
5,552
4 000

1,350,000

5-551.390: 1,789.277

94,500

176.211 17,434,400 25,894,000

680.652 44,009.052

42.875.106

5,551,390 1,789.277

1.200.623 1,800,917

788.29
81.00
29.52

110.52

60.493.910 51,617.000
2.500,000 1,966,000
1.63S.600 236.500

1,987,903

114098,813

4,466.000
1,875,100

117.8&t739

1. '."11. 779

22.011,821! 9,299.631
878.460 384,612
104,671 21.701

3,997.559 3.254.607
325.000 1 37.62->
16.555

4. 138. (300

2,202,500

6,341,100

6.563,655

983.131 406,313

325.000 154.175

898.81

64.632,510

53,819,500

1,987,903

120,439-913

V,'4 14-.394 22.994,952 9,705,944

4,32'J.

3,408,842

Statement (E) of gross and net earnings of D., L. & \V. RR. Co., including the coal de-
partment, for nineteen years :

Year.

'Gross Earnings. Net Earnings. <• Year. Gross Earnings. Net Earnings. Year. Gross Earnings. Net Earn'gs.

i i

1873.
1874.
1875.
1876.

1877*
1878.
1879.

$25.534.98912
22.741.521 48
27.014,84685
17,447.91697:
14.871.31138
14.454,40517!
20.226,708041

$5,331.31029 1880..'

5.743,750 54 1881 . . ,

7.162,13367 II

4.001,86146 1C

2.479,197 40 1884..

3.618.12900 1885..

3,810.45173 1886...

$21.656,60469
27.396.526 00
27.006.26715
32.819.60573
31.811.99240
31.091.67763:
32.342.86571:

$5.903.47105 1887.

7,763,864 33 1888.

6.843,18824 1889.

8,653,74087 1890.

7,918.81304 1891.

7.871.10540

7,388.43245

$39,845.857 00 $9,151.856 00
43.232.42211 9.686,28699
38,247.62200 7.594,03600
40.688.64546 8.188.78682
41.849.754 49 7,955,163 65

* Strike.

Statement (F) of dividends paid by the Delaware, Lackawanna and Western Railroad
Company since 1882. For statement of dividends paid prior to 1882, see MANUAL for 1888.
page 156.

1890 1891

January 20
April 2b..

July 20....

October 20.

1882 1883

1884
2 p. c.

o .-
2 •'
2 '•

1885

2 p.c.

1886
1} p. c.
H "

if "

1887
If P- c.

If "
If •«
If "

1888
If p. c.

if "
If "
If "

1889

IT

726 POOR'S MANUAL — DELAWARE, LACKAWANNA AND WESTERN SYSTEM.

Following is the income account of the Delaware, Lackawanna and Western RR. Co. In
this account the earnings, etc., of the lines operated but not leased — the Syracuse, Bingham-
ton and New York and the Sussex— are not included.

Income Account, Delaware, Lackawanna and Western RR. Co. year ending Dec. 31, 1891 .

Rental Leased Lines $5,161,536 1

Gross Earnings RR. Dept. .$22,011.820 99

Gross Expenses RR. Dept.. 13,117,884 77— $8,893,936 22

Coal Receipts, etc 19,837,933 50

Mining Expenses, etc , 20,776,706 07- 938,772 57

Available Revenue $7,955,163 65

Interest on Bonds 256,690 00

Dividends (7 per cent, quarterly) 1,834,000 00

New Equipment and Tracks 121,474 29

Surplus, December 31, 1891 581,463 19

Total Payments, etc $77955,163 65

Statement of funded debt, December 31, 1891 :

Convertible 7 per cent. 20-year bonds, due June 1, 1892 $600,000

Consolidated mortgage 7 per cent. 30-year bonds, due September 1, 1907 3,067,000

The convertible bonds were issued in 1872 ; they are $1,000 each. Original issue, $3,000,-
000. Interest payable June and December, at the company's office in New York City. These
bonds convertible into stock of the company any time betweeu June 1, 1875, and June 1, 1877.
Listed on the New York Stock Exchange.

The consols, are dated September 1, 1877, mature in 1907, interest payable March and
September, at the company's office in New York City. Authorized issue, $10,000,000, of
which sufficient was reserved to retire prior liens. These bonds are secured on the com-
pany's entire railroad, equipment, depots, buildings, etc. They are $1,000 each. Trustee,
Farmer's Loan and Trust Co., New York. N. Y. Listed on the New York Stock Exchange.

Annual meeting, Tuesday preceding last Friday in February. Books close for annual
meeting 20 dajs previously, and from 15 to 20 days in advance of dividend payments. Stock
listed on Stock Exchange in New York.

RAILROADS LEASED BY D., L. & W. RR. Co.

CAYUG-A AND STTSQTJEHANNA RAILROAD.-Susquehanna River, near Owego, to Ithaca,
N. Y.. 34.41 miles : total track (steel. 34.41 miles), 40.75 miles. Rail, 60 Ibs. Originally the Ithaca and Owego
RR. Co. (chartered January 28, 1828 ; road opened April 1, 1834) ; reorganized under existing title April 13. 1843.
Leased from April 21, 1855, at an annual rental of $54,600. Paid dividends (January 4J per cent., and July 5 per
cent.), $55,965.45; sundry disbursements, $331— total, S56,296.45. The company owns 6 locomotive engines, 4
passenger. 2 baggage, 1 caboose, and 6 service cars. Capital stock, $589,110 ; income account, $11,106.55— total
liabilities, $600.216.55. Cost of road, $600,000 ; cash, $216.55. PERCY R. PYNE, President ; S. S. Palmer, Treas-
urer, 52 Wall Street, New York City.

CHESTER RAILROAD.— Dover to Chester, N. J.. 10.02 miles. Sid'ings, 1.80 miles. Chartered in
18oft, and road opened in 1872. Leased to Morris and Essex RR. Co. for 7 per cent, on bonds. Capital stock,
$98,500 ; funded debt, 1st mortgage 7 per cent, bonds, $100,000 ; floating debt, $26,175.98— total, representing cost
of road, $224,675.98.

GREENE RAILROAD.-Chenango Forks to Greene, N. Y., 8.10 miles ; total track (steel, 8.13 miles),
8.78 miles. Rail, 60 and 67 Ibs. Organized October 18, 1869 ; opened in 1871. Leased April 26, 1870, at an annual
rental of $26,000, equal to 6 per cent, on its capital stock and 7 per cent, on its bonds. The company owns 2 loco-
motive engines, 1 passenger, and 1 caboose. Capital stock, $200,000 ; funded debt (1st mortgage 7 per cent 30-
year bonds, due December 1, 1902, interest June and December) $200,000; other liabilities, $85.50— total,
representing cost of road, etc., $400,085.50. SAMUEL SLOAN, Vice- President ; Fred'k H. Gibbens, Assistant Treas-
wer ; Fred F. Chambers, Assistant Secretary, New York City.

MORRIS A.ND ESSEX EXTENSION RAILROAD. -Junction with Morris and Essex to City
of Paterson, 1.91 miles. Sidings, 2.08 miles. Chartered in May, 1889 ; road opened in September, 1889. Oper-
ated by the D., L. & W. RR., as lessees of the Morris and Essex RR., under an agreement to pay 4 per cent, on
its stock, etc. Capital stock, $221,000. Floating debt, $129,811.94. Total, representing cost of road, $350,811.94.

MORRIS AND ESSEX RAILROAD.— Hoboken, N. J., to Phillipsbtirg, N. J., 85.35 miles ; Den-
ville to West End Tunnel, N. J., 34.50 miles— total, 119.85 miles. Second track, 108.19 miles ; sidings, 167.43
miles. Total track, 395.47 miles; steel, 301.83 miles. Gauge, 4 ft. 8| in. Rail, 68^ to 75 Ibs. Chartered Jan-
uary 29, 1835 ; opened to Hacketstown, 53 miles, in January, 1854 ; to Phillipsburg in 1866. Tunnel completed in
1876. In 1868 the road was leased to the D. L. & W. RR. Co., the lessee assuming all liabilities and agreeing to
pay 7 per cent, per annum on the capital stock and interest on bonds. Rental, 1891, $2,749,417; being interest on
bonds. $1,699,417, and dividends on stock (paid January and July, each 3i per cent.) $1,050,000.

financial Statement, December 31, 1891. Capital stock, $15,000,000"; funded debt, $24.444.000-total, $3'.).-
444.000. Contra: Construction and eduipment, etc., $38,508,487.63. Sundry assets, balance, $234,100.55. Profit
and loss, $701,411.82.

Statement of funded debt in detail, December 31, 1891 :

1st mortgage 7 percent. 50-year bonds, due May 1, 1914, interest May and November ($5,000,000 auth.). $5,000,000
Convertible 7 per cent. 30-year bonds, due January 1, 1900, interest January and July ($3,000,000 auth.). 281.000
Const, mortgage 7 per cent. 30-year bonds, due Oct. 1, 1901, interest April & October ($5,000,000 auth.). 4,991,000
1st consolidated guarantee mortgage 7 per cent. 40-year bonds, due June 1, 1915, inter-
est June and December ($25,000,000 auth.). 11,377,000

Special real estate bonds, issued and due at various dates 2,795,000

The consolidated mortgage of 1875 was executed for the purpose of supplying future requirements of the
company, and for the retirement at maturity of the various outstanding bonds. All Donda are assumed and guar-
anteed by the Del., Lack, and Western RR. Co. Stock and bonds listed on New York Stock Exchange.

Directors Morris and Essex RR. Co. — Samual Sloan, Percy R. Pyne, George Bliss, M. Taylor Pyne, Fred-
erick H. Gibbens. Roswell G. Rolston, Edgar S. Auchincloss, Louis P. Child, Edwin R. H olden, William S. Sloan,
New York City ; H. D. Polhemus, Brooklyn, N. Y.; Andrew Reasoner, Solomon Griffith, Hoboken, N. J. SAM-

POOR'S MANUAL — DELAWARE, LACKAWANNA AND WESTERN SYSTEM. 727

UEL SLOAN, President; Fred F. Chambers, Secretary; Frederick H. Gibbens, Treasurer, New York, N. Y.;
Andrew Reusoner, Superintendent, Hobokeu, N. J.

NEWARK AND BLOOMFIELD RAILROAD.— Newark Junction to Montclair, N. J., 4.24 miles ;
3d track. 2.75 miles ; sidings, 3.71 miles-total track (steel, 9.35 miles), 10.70 miles. Chartered March 26, 1852 :
and road opened July 1, 1856. Leased to Morris and Essex RR. at an annual rental of 6 per cent, on capital
stock. Capital stock, $103,850 ; floating debt, $160,425.19— total, representing cost of road, etc., $264,275.19.

NEW YORK, LACKAWANNA AND WESTERN RAILWAY.-Binghamton, N. Y., to
Internationa] lirid-je, N. Y., 206.99 miles. t'ay>i</a Etetouton: Owego Station to Susquehanna River, 0.5 mile.
llnfulo City llranch (.East Buffalo Junction to Lake Erie, 5.97 ; Abbott Road Junction, 0.47), 6.71 miles— total,
21 fc80 miles. 2d track, 212.96 ; sidings, 127.79. Rail (steel, 554.95 miles), 60 to 75 Ibs. Chartered August 26, 1880.
Road completed "in 1882, and opened for through freight business on the 17th of September, 1882. On the 2d
of October. 1882, the road was leased to the Delaware, Lackawanna and Western RR. Co. in perpetuity, at an
annual rental equalling interest on its bonds and 5 per cent, on its stock ; lessee also assuming all outstanding
liabilities, including principal of bonds, and receiving all assets. Locomotive engines, 123. Cars— passenger, 31;
baggage, mail, and expretfg, £5 ; freight (box, 3.006 ; platform, 997 ; coal, 964), 5,023. Also, 351 service and 54
-caboose cars. Financial Statement, December 31, 1S91.— Capital stock, $10,000,000 ; funded debt, 1st mortgage 6
per cent. 40-year bonds, due January 1, 1921, interest payable January and July, $12,000,000 ; construction mort-
gage 5 per cent. 40-year bonds, due August 1, 1923, interest payable February and August, • $5,000.000 : terminal
improvement mortgage 4 per cent. 33-year tonds, due 1923, interest payable November and May, $3.350.000 ;
unfunded debt. $1,000,737.73— total, representing cost of road and equipment, $31,350.737.73. First mortgage 6s
are coupon bonds with privilege of registration. SAMUEL SLOAN, President ; Fred'k H. Gibbens, Vice- President ;
Fred F. Chambers, Secretary ; Arthur D. Chambers, Treasurer, New York, N. Y.

OSWEGO AND SYRACUSE RAILROAD.-Syracuse, N. Y., to Oswego. N. Y.. 34.98 miles ;
total track (steel, 39.88 miles), 58.15 miles. Rail, 60 and 67 Ibs. Chartered April 29, 1839 ; charter amended May
14, 1845 : road opened May 14, 1848. Leased February 13, 1869, at an annual rental equal to It per cent, on capital
stock, and 5 and 7 per cent, on bonds. Rental in 1890-91, $182,896. Payments : Interest on bonds, $64,080 ; divi-
dends (February and August, 1891. 4^ per cent, each), $118,836. The company owns 14 locomotive engines. 12
passenger. 4 baggage, etc., 500 box, 110 platform, 6 caboose, and 27 service cars. Capital stock, $1.320.400 ; funded
debt (,1st consolidated mortgage, guaranteed 7 per cent, bonds, dated December 28, 1876, due March 1, 1907, inter-
est March and September, $438,000 ; guaranteed 5 per cent. 40-year construction mortgage bonds, due 1923, inter-
est May and November, $668,000). $1,106,000 ; due lessee, $73.328.21— total. $2,499,728.21. Contra: Cost of road
and equipment. $2,471.063.91 ; profit and loss (assumed by lessee), $28.664.30. SAMUEL SLOAN, President ; Fred'k
H. Gibbens, Treasurer ; Fred F. Chambers. Secretary, New York City.

PASSAIC AND DELAWARE EXTENSION RAILROAD.-Junction with Passaic and Dela-
ware RR. at Bernardsville to Gladstone, 7.40 miles. Sidings, 1.35— total. 8.75 miles track. Chartered in April,
1890. Road opened in September, 1890. Operated by the D., L. A W. RR. as lessee of the Passaic and Delaware
RR.. under an agreement to pay 4 per cent on its stock, etc. Capital stock, $100,000. Floating debt, $116,350.27.
Total, representing cost of road, $216.350.27.

PASSAIC AND DELAWARE RAILROAD.-Summit, N. J. to Bernardsville, N. J., 13.99 miles.
Sidings, etc., 2.85 miles. Gauge, 4 ft. 8$ in. Rail, 56 Ibs. Organized October 9, 1878, as successor of the New
Jersey West Line RR. Co., property of which had been for some time been in the hands of mortgage trustees.
No report of operations or financial condition was ever made. The road was leased November 1, 1882, to the D.,
L. & W. RR. Co.. that company agreeing to pay as rental 5 per cent, yearly dividends on the capital stock. Capital
stock, $111.050. Due lessee. $10.218.53. Total, representing cost of "road, $121,268.53. SAMUEL SLOAN, President,
26 Exchange Place. New York City.

UTICA, CHENANGO AND STJSaUEHANNA VALLEY RAILWAY. -Greene, N. Y.,

to I tica. N. Y., 75.66 miles ; Bichfield Springs Branch. Richfield Junction to Rirhfield Springs, 21.75 miles— total
length, 97.41 miles. Total track (steel, 103.75 miles). 125.90 miles. Rail, 60 and 67 Ibs. Organized January 11,
1866 ; opened October 10, 1872. Leased April 9. 1870. at an annual rental of 6 per cent, on capital stock. Divi-
dends paid in 1891, May 1, and November 1, each 3 per cent., $240,000. The company owns 23 locomotive engines,
13 passenger, 6 baggage, etc., 14 caboose, and 44 service cars. Capital stock, $4,000!000 : due lessee. $222.478.64—
total, representing cost of road, etc., $4,222,478.64. SAMUEL SLOAN, President ; Fred'k H. Gibbens, Treasurer ;
Fred F. Chambers, Secretary, New York City.

VALLEY RAILROAD.— Pennsylvania State Line to Binghamton. N. Y., 11.64 miles ; 2d track, 11.64
miles. Total track (steel. 25.60 miles), 26.28 miles. Rail, 60 to 75 Ibs. Organized March 4, 1869 ; road opened in
1870. Leased April 15, 1S>9, ar an animal rental of 8 per cent, on the capital stock. During the year 1882 the divi-
dends were reduced to 5 per cent, per annum, the lessee also assuming the interest on bonds. Rental in 1890-91,
$57,500. Payment 9 : Dividends, January and July, $37,500 ; interest. $20.000. The company owns 100 box cars.
Capital stock, $750,000 ; funded debt (1st mortgage 5 per cent. 30-year bonds, due August 1, 1911, interest Feb-
ruary and August), $400.000 ; due lessee, $10,620.45— total, representing cost of road, etc., $1,160,620.45. SAMUEL
SLOAN, President ; A. D. Chambers, Treasnrtr, New York City.

WARREN RAILROAD.— New Hampton Junction, N. J., to Delaware River. N. J., 18.80 miles. 2d
track, I4.u2 ; sidings, 8.63 miles. Gauge. 4 ft. 8| in. Rail (steel. 36.95 miles). -56 to 75 Ibs. Chartered Feb-
ruary 12, 1S51 : road opened in June, 1856. Leased Oct. 1, 1857, to Delaware, Lackawanna and Western RR. Co..
at an annual rental equalling 7 per cent, on its stock and bond-;. Lease rental : Interest on bond*. $94.500 ; divi-
dends (paid semi-annually, April 15, and October 15), 7 per cent., $126.000. Capital stock, $1.800,000 ; funded
debt (2d [now 1st] mortgage 7 per cent. 30-year bonds, due April 1, 1900, $750.000 ; consolidated mortgage 7 per
cent. 30-year bonds, due March 1, 1905 [to redeem 1st mortgage bonds], $600,000), $1,350.000 ; floating debt, $39.-
536.08— total, representing cost of road, etc., $3,189,236.08.^ Annual meeting. March 4th. Books close for divi-
dends about 15 days prior to payment of same. Stocks and bonds of 1900 on Free List of New York Stock Ex.
change. JOHN I. BLAIR, President, Blaiistown, N. J.; Fred F. Chambers, Secretary ; Fred'k H. Gibbens, Treas-
'//>/•, New York City.

Board of Managers, D., L. & W. RR. Co., elected February 23, 1892.

John I. Blair Blairstown, N. J. I Wilson G. Hunt. . .New York, N. Y. J. Rogers Maxwell.New York, N. Y.

^eorge Bliss New York, N. Y. \ Eugene Higgins. . . " " George F. Baker

Percy R. Pyne.. .. j Benj. G. Clarke. .. " " E. S. Auchincloss..

W. W. Astor i Henry A. C. Taylor " •• A. H. McClintock. .Wilkesbarre, Pa.

William Rockefeller. .New York, N. Y. | W. H. Appleton. .New York, N. Y.

SAMUEL SLOAN, President . .New York N. Y.

Vice-President—Percy R. Pyne . . New York N Y
2d Vice- President- E. R. Holden
-3d Vice-President—Wm. S. Sloan...

Treasurer— Fred'k H. Gibbens New York, N. Y.

Sec. and Aitd.—Fred F. Chambers 4i

General Manager — Wm. F. Hallstead.. ..Scranton, Pa.

ADDRESS No. 26 Exchange Place, New York City, N. Y.

728

DETROIT, BAY CITY AND ALPENA RAILROAD COMPANY.

Main Line of Road.— Alger, Midi., to Alpena, Mich 105.00 miles.

Loon Lake Branch : Emery Junction to Thompson, Midi 20.00 miles.

Mud Lake Branch : Mud Lake Junction to Mud Lake, Mich 18.75 miles.

Other Branches 1 70.5? miles.

Total length of main and branch lines owned 209.32 miles.

Sidings, 23.66 miles. Gauge, 4 ft. 8£ in. Rail (steel), 50 Ibs.

History. — Chartered February 13, 1881, as successor to the Tawas and Bay County RR.
Co., which owned a road from Tawas to a point five miles beyond Camp Three, 28 miles.
The present company extended the road as above. (See MANUAL for 1888, page 434.) The
branches are mostly temporary, having been built for logging purposes, and will probably
be dismantled when the timber gives out.

Rolling: Stock, December 31, 1891. — Locomotive engines, 20. Cars — passenger, 5 ; bag-
gage, mail, and express, 2 ; freight (box, 37 ; platform, 309 ; caboose, 5), 351 ; timber, 300 ;
derrick, 1— total cars, 659.

Operations for year ending December 31, 1891. — Train mileage — passenger, 63,040 ;
freight, 372,860 ; mixed, 104,860— total, 540,760 miles. Passengers carried, 100,174 ; carried
one mile, 3,315,690 ; average mile rate, 2.47 cents. Tons freight moved, 739,833 ; moved
one mile, 24,075,621 ; average ton-mile rate, 1.39 cents.

Earnings.— Passenger $81,913 79 Kxpenses.— Transportation $175,994 53

Freight 312,138 48 Motive Power and Cars 19.061 76

Mail and Express 13,079 30

Miscellaneous 10,54269

Total ($1,995.39 per mile) $417,674 26

Maintenance Way and Buildings 54,587 31
General and Taxes 35,21 1 49

Total ($1,360.86 per mile) $284,85509

Net earnings (31.79 per cent.), $132,819.17. Paid interest on bonds, $150,000 ; dividends
on stock, $41,750— total, $191,750. Balance, deficit, $58,930.83. Surplus forward, $143,-
081.49— net surplus, $84,150.66.

General Balance SJieet, December 31, 1891.

Cost of Rolling Stock

. . . 426.184 65

Funded Debt Outstanding

2,500,000 00

Materials and Fuel on Hand. . .

26,343 66

Bills Payable

50,263 14

Current Accounts

14,315 77

Current Accounts

39.620 32

Cash on Hand

1,758 22

Profit and Loss

84,150 66

Total Assets...

. . . $4,344,034 12

Total Liabilities...

. . . $4,344,034 12

Funded debt consists of 1st mortgage 6 per cent. 30-year $1,000 coupon bonds, dated
January 1, 1883, due 1913, interest payable January and July, at office of Farmers' Loan and
Trust Co., Trustee, New Fork, N. Y. Bonds are limited in issue to about $15,000 per mile
of mad. Stock authorized, $2,000,000. A dividend of 4 per cent, was paid January 3, 1888,
and one of 2£ per cent, on February 10, 1891. Stock and bonds listed on New York Stock
Exchange. Registrar of stock, Central Trust Co., New York, N. Y. Trustee of bonds,
Farmers' Loan and Trust Co., New York, N. Y. Annual meeting, third Tuesday in May, at
Detroit, Mich.

Directors. — R. A. Alger, T. H. Newberry, James McMillan, Hugh McMillan, M. S.
Smith, J. C. McCaul, Detroit, Mich.

R. A. ALGER, President and General Manager Detroit, Mich.

M. S. Smith, Vice- President and Treasuier Detroit, Mich.

Secretary— T. H. Newberry Detroit, Mich, j Auditor— J. C. McCaul Detroit, Mich.

PRINCIPAL OFFICE AND ADDRESS Detroit, Mich.

Financial and Transfer Agents H. B. Hollins & Co., New York, N. Y.

POOR'S MANUJLL OF RAILROADS.

729

DETROIT, GRAND HAVEN AND MILWAUKEE RAILWAY COMPANY.

Line of Road.— Detroit, Mich., to Grand Haven, Mich 189 miles.

Sidings, etc., 63.67 miles. Gauge, 4 ft. S£ in. Kail (steel), 56 to 67 Ibs.

History. — This company was organized October 18, 1878, by the purchasing bondholders
of the Detroit and Milwaukee UK., which was sold under foreclosure September 4/1878.
(For early history see MANUAL for 1888, page 435.)

Rolling Stock. — Locomotive engines, 41. Cars — passenger, 42 ; baggage, mail, and
express, 13 ; freight (box, 032 ; platform, 231 ; stock, 25), 1,188; caboose, 21 ; other cars, 36 —
total curs, 1.300. Of this equipment 550 box and 50 platform cars are leased by the company.

Operations for year ending June 30, 1891. — Train mileage — passenger, 400,586 ; freight.
332,095; mixed, 217,705; other, 406,529— total, 1,362,915 miles. Passengers carried, 609,-
.338 ; carried one mile, 18,087,377 ; average mile rate, 2.40 cents. Tons of freight moved,
664.6<)4 ; moved one mile, 54,097,834 ; average ton-mile rate, 1.14 cents.

Earning.— Passenger

Freight

Mail and Express

Miscellaneous. ..

§448,212 92

616.242 09

43,393 62

52.083 58

KxiH-nst'SA-Transportation

Motive Power and Cars 1 13.772 31

Maintenance Way and Buildings 151,944 04
General... . 97,88473

Total ($4,514.60 per mile )

$853,259 96

Total (S6,137.21 per mile) $1,159,932 81 I

Net earnings (26.44 per cent.), $306.672.85. Paid interest on funded debt, $321,900 ;
on floating debt, $35,042.56 : taxes, $25,621.61— total, $383,164.17. Balance, deficit, ad-
vanced by the Grand Trunk Ry. Co., $76,491.32.

General Balance Sheet, June 30, 1891.

Cost of Road $6,448,45S 10 Capital Stock (par. §50> $1,500,000 00

Cost of Roiling Stock 543,690 00 ; Funded Debt Outstanding 5,426.000 00

Materials and Fuel on Hand 124.844 91 Bills Payable ... 50,00000

Current Accounts 603,100 67 Current Accounts 717,604 03

Cash on Hand 53,335 35 Interest Accrued 79.82500

Total Assets $7.773,42<J 03 Total Liabilities $7,773,429 03

Statement of operations, etc., for seven years ending December 31, 1890. and one year
ending June 30, 1891 :

1884

1885

1886

1887 1888

1889

1890

1891

Miles of Railroad

189
518,115
460,051
592,922
681,372

490,256
703,281
60,854

189
504,530
421.210

553,991
637.169

451,662
147,381

55.647

189
500,540
493.568
592,222
722,796

470.920
715,876
57.237

189 189
524,554 501.168
512,300 442.771
598,633 630.101
664,089 577.671

s

482.909' 455,908
653.533 601.247
57,867 j 54,639

189
457,918
466,240
569,102
567,875
$
439.565
577.719
53.571

189
404.099
553,292
595,873
658,981

435,449
643,991
53.386

189
406.586
332.095
609,338
664.604
I
448.213
616,243
86,477

Passenger Train Miles . .
Freight Train Miles
Passengers Carried
Freight ^tousi Moved

Passenger Earnings

Freight Earnings .". . .

Miscellaneous

Oross Traffic Earnings
Transportation Expenses .

yet Traffic Earnings
Gross Earnings per Mile
<.io— Expenses per Mile..
Net Earnings per Mile . . .
Expenses to Earnings
Aver. Rate p. Pass. p. Mile
Aver. Rate p. Ton p. Mile.

1,254,391
930,765

1.154.640 1.244,033 1.194.309 1.111.794 1,070.855| 1,132.826
839,780 871,259! 870.538 839,979; 820,655; 863,838

1,159,933
853.260

333,626 314,860
6.ii36 9ft 6,109 21
4.871 77 4.443 2<>
1.76522 1.6H.V.I2
73. 40 p. c. 172.73 p. c.
2.56 c. 1 2.64 c.
1.15 c. 1.33 c.

372.774 323.771, 271.815
6,58219 6,31910 5,88250
4,609 84 4.606 02 4.444 33
1.97235 1.71308 1.43S 17
70.04 p. c. 72.89 p. c. 75.55 p. c.
2.52 c. 2.52 c. , 2.33 c.
1.21 c. 1.20 c. 1.24 c.

250,200
5,66590
4,34209
1.32381
76. 63 p. c.
2.42 c.
1.29 c.

268,988
5,99379
4.570 57
1.42322
76.26 p. c.
2.38 c.
1.19 c.

306,673
6.137 21
4.514 H)
1.622 til
73. 56 p. c.
2.40 c.
1.14c.

Funded debt consisted, June 30, 1891, of—

Equipment mortgage 6 p. c. 40-year coupon $1, 000 bonds, due Nov. 14. 1918, interest April and Oct $2,000.000

11. mortgage 6 p. c. 40-year coupon $1.000. $500. §200 bonds, due Nov. 15, 1918. interest April and Oct. 3,200.000

•tgage on land forming part of depot at Detroit, 5 p. c., due Oct. 1, 1900 : payable in London, Eng. . 146.000

ortgage on land forming part of depot at Detroit, 6i p. c., due on demand : payable in Detroit, Mich. 80,000

Equipment and consolidated are guaranteed by the Grand Trunk Ry. Co., and are pay-
able, both principal and interest, at the Canadian Bank of Commerce, New York, or at the
London Agency, Dash wood House, New Broad Street, E. C. They are listed on the London

730 POOR'S MANUAL OF RAILROADS.

Exchange, and are also quoted at Glasgow and at Liverpool. The consolidated mortgage
bonds were issued for 70 per cent, of the 1st and 2d mortgage bonds and funded coupons of
the D. & M. Ry. and D. & M. RR. to assenting bondholders ; those not assenting receiving
a dividend from the court. Annual meeting, first Monday in October, at Detroit, Mich.
Trustees of bonds, Samuel Laing, Edward Martin, John Owen.

DIVIDENDS. — For year 1879, 3 per cent.; 1880, 3 per cent.; six months ending June 30,
1881, 4 per cent. ; six months ending December 31, 1881,' 3 per cent. ; 1882, 4 per cent.; six
months ending June 30, 1883, 2 per cent.; six months ending December 31, 1883, 6 per cent.;
1884, 2 per cent. ; 1886, 3 per cent.

Directors. — Lewis J. Seargeant, Montreal, P. Q.; Charles Stiff, Joseph Hobson, Hamilton,
Ont.; George Jerome, Elijah W. Meddaugh, John Pridgeon, Jr., W. J. Spicer, George F.
Moore, Detroit, Mich.; Henry Howard, Port Huron, Mich.

L. J. SEARGEANT, President Montreal, P. Q.

Sec. and Treas.— James H. Muir Detroit, Mich. | General Manager— W. J. Spicer Detroit, Mich.

PRINCIPAL OFFICE AND ADDRESS Detroit, Mich.

DETROIT, LANSING AND NORTHERN RAILROAD COMPANY.

iff..:., i : - f*> i \ West Detroit, Mich., to Lansing, Mich 82.00 miles.

Mam Lines of Road : -j Nonh Lansing> Mich ? to Howard City, Mich 74.60 miles.

Stanton Branch : Stanton Junction to Big Rapids 63.30

Belding Branch : Kiddville to Belding 1.67—64.97 miles.

I eased • \ Saginaw and Western RR. : Alma to Howard City 42.57 miles.

' I Grand Rapids, Lansing & Detroit RR.: Grand Rapids to Grand Ledge.53.01 miles.

Branch : Oakdale to Reed's Lake 2.53 miles.

Trackae-e • -i Michigan Central RR. : Detroit to West Detroit 3.00 miles.

' ( Jackson, Lansing & Saginaw RR.: Lansing to North Lansing 1.00 mile.

Total length of lines (owned, 221.57 miles) operated December 31, 1891 323.68 miles.

Sidings (owned, 77.95 ; leased, 23.27), 101.22 miles. Gauge, 4 ft. 8i in. Rail (steel, 317.34
miles), 50, 52, 56, 57, and 60 Ibs.

Historj . — Consolidation, April 11, 1871, of the Detroit, Howell and Lansing, the Ionia
and Lansing, and the Ionia, Stanton and Northern RR. Cos., under the name of Detroit,
Lansing and Lake Michigan RR. Co. Sold under foreclosure December 14, 1876 ; company
reorganized under present name December 27, 1876. Main line opened in August, 1871 ;
Stanton Branch completed to Big Rapids in 1880. In 1883 a branch of 6.60 miles, extending
from Rodney, on the Stanton Branch, to Chippewa Lake, was built at a cost of $35,843.20,
which amount, together with the cost of laying 4.28 miles of new sidings during the same
year, was charged to expense account. It is not included in the mileage s atement above.
In 1887 the company acquired by lease the Grand Rapids, Lansing and Detroit RR. This
company also operates the Saginaw Vy. and St. Louis RR. (see GENERAL INDEX), under an
agreement by which this company provides for any deficit of earnings to meet interest charge
on bonded debt of May 1, 1890. The operations of the S. V. & St. L. are not included in
those of this company.

Rolling Stock, December 31, 1891. — Locomotive engines, 40. Cars — passenger, 35 ; par-
lor, 5 ; baggage and combination, 22 ; freight (box, 410 ; platform, 539 ; stock, 44 ; furniture,
100 ; cabin, 27; gondola, 100), 1,220 ; service cars, 10; official, 1— total cars, 1,293.

Operations for year ending December 31, 1891. — See tabulated statement below.

Expenses.— Transportation $389,474 30

Motive Power 46,44266

Maintenance of Cars 77,202 16

Maintenance Way and Buildings 198,772 45
General. . . . 166,761 74

Earnings.— Passenger $527,98307

Freight 600,269 57

Mail 36,310 45

Express 16,691 41

Miscellaneous. . 12,845 24

Total ($3,874.50 per mile) $1,254,099 74

Total ($2,714.57 per mile) $878,653 31

Net earnings (29.94 per cent.), $375,446.43. Payments : Interest on bonds, $225,540;

POOR'S MANUAL — DETROIT, LANSING AND NORTHERN RR. CO.

731

rentals leased lines, $89,675 ; miscellaneous interest, $1,372.21— total, $316,587.21.
surplus, $58,859.22. Surplus forward, $131,758.30— total surplus, $190,617.52.
Statement of operations, etc., for eight years :

Balance,

1884

1885

1886

1887

1888

1889

1890

1891

Miles of Railroad Operated.
Passenger Train Miles
Freight Train Miles
Passengers Carried

260.87
437,806
559,464
622,055

260.87
433,694
411,639
549,787

268.17
460.777
410,732
587,724

268.17
498,986
407,514
590,017

323.56

582,584
392,226
621,956

323.68
644,095
448,102
695,853

323.68

673,601
471,675
714,809

323.68
696,897
454,103
759,764

Passenger Miles
Freight (tone) Moved
Freight (ton) Miles

Gross Earnings
Operating Exp'ses & Taxes.

14,869,726
517,187
51,278,135

1,328,591
865,270

13,399,209

509,807
47,878,019

1,228,471
771,271

14.240.745
504.043
48,338,505

1,226,536
727,819

15,201,885
496,121
44,383,297

1,147,160
696,115

16,758,611
453,355
36,837,668

1,041,799
720,630

18,400,080
486,624
39,924,121
$
1,131,985
806,924

19,563.889
562.863
50,864,073

1,219,663
826,866

22,145,804
626,249
48,423,748

1,254,100
878,653

Net Earnings
Other Rec'pts (Bal.Inc.,etc.)

463,321
210,939

457,200
123,137

498,717
175,783

451.045
194,650

321,169
141,534

325,062
64,307

392,797
57,595

375,446
131,758

Available Revenue
Interest Accrued
Dividends on Stock

674,260
265,894
285,230

580,337
267,019
138,050

564.500
266,500
213,350

645,695
273,696
230,465

462,703
310,546
87,850

389,369
242,099

450,392
228,959

507,204
226,912

Rental Leaded Lines

89,675

89,675

89,675

Balance Surplus
Gross Earnings per Mile . . .
Gross Expenses per Mile. . .
Net Earnings per Mile
Expenses to Earnings

123,136
5,09293
3,316 86
1,77607
65 12 p. c.

175,268
4,709 13
2,956 53
1,75260
62 78 p. c.

194,656
4,573 73
2,714 02
1,85971
59 34 p. c

141,534
4,277 73
2,595 80
1,681 93
60 68 p. c.

64,307
3,565 42
1,468 08
1,09734
69 17 p. c.

57,595
3,497 23
2,492 96
1,00427
71. 28 p. c.

131,758
3,768 1 1
2,554 58
1,213 53
67. 79 p. c.

190,618
3,874 50
2,714 57
1,159 93
70.06 p. c.

Aver. Rate p. Pass. p. Mile.
Aver. Rate p. Ton p. Mile. .

2.56 c.
1.74C.

2.57 c.
1.72 c.

2.56 c.
1.66C.

2.56 c.
1.58c.

2.50 c.
1.53c.

2.49 c.
1.50 c.

2.42 c.
1.33 c.

2.38 c.
1.15c.

General Balance Sheet, December 31, 1891.

Construction, D., L. & N. RR. $6,857,366 65

Equipment, D., L. & N. RR 655,10907

Const, and Equip., Sag. & Western RR. . 568,335 65

Const. & Equip., G. R., Lans. & Det. RR. 1,270,646 00

Charles Merriam, Trustee 34,973 20

Trustees D., L. & N. Sinking Fund 246,090 61

D., L. & N: Common Stock Scrip 71 00

Cash 185,281 43

Saginaw Valley & St. Louis RR. Co 90,463 64

Materials and Supplies on Hand 29,947 36

Bills Receivable 103,500 09

Balance of Open Accounts . . . 64,676 48

D., L. & X. RR. Co., Common

D., L. & N. RR. Co., Preferred

Saginaw & Western RR. Co

Grand Rapids, L. & D. RR. Co

Detroit, Lan'g & North.RR.Co.7 p. c. Bonds
Ionia and Lansing RR. Co. 5 p. c. Bonds.
Saginaw and Western RR. Co. 6 p. c. Bonds
G'dRapids,Lans.&Det.RR.Co.5p.c.Bonds

Due on Parlor Cars

Unpaid Coupons, not Presented

Unpaid Vouchers

State of Michigan Taxes, due July 1, 1892
Accrued Bond Interest, due Jan. 1, 1892. .

Bills Payable, Boston

Suspense Account

Income Account

SI. 825,600 00

2.510.000 00

4,500 00

28,000 00

2,672.000 00

770,000 00

566,000 00

1,108,000 00

13,068 87

4,402 50

111,454 85

28,115 69

148,215 67

118,000 00

8,484 99

190,617 52

Total Assets ....$10,106,461 09 ! Total Liabilities.

Statement of funded debt, December 31, 1891 :

.$10,106,461 09

Description.

Property Mortgaged.

Date.

Payable.

Interest.

Amount.

Annual
Charge.

Mtg. D., L. & N. RR.
Jlst Mtg. I. & L. RR.
IstMtg.Sag. &W.RR.
IstMtg.G.R.L.&D.RR

Entire Property*
N. Lans. to Greenv., 55.30 m.
Alma to Howard City. 42.57 m.
Grand Rapids to Grand Ledge

Jan. 1. 1877
April 8. 1869
July 2, 1883
Sept. 1, 1887

Jan. 1, 1907
July 1. 1899
July 1, 1913
Sept. 1, 1927

7 p. c. J. & J.
5 p. c. J. & J.
6 p. c. J. & J.
op. c. M.&S.

$2.672,000
£770,000
t566,000
tl, 108,000

8187,040
38,500
33.960
55.400

$5,116,000

$314,000

* A mortgage on the road and entire property of the company, subject to the Ionia and Lansing underlying
mortgage, t Guaranteed, principal and interest. D., L. & N. RR. Co. J The Ionia and Lansing RR. 8 per cent,
bonds matured July 1, 1889, and were extended for ten years at 5 per cent.

The trustees of the sinking fund hold $218,000 1st mortgage bonds of the Detroit, Lans-
ing and Northern RR. Co., and $20,000 1st mortgage bonds of Ionia and Lansing RR. Co.
The amount paid into the sinking fund during the year 1891 was $15,997.50 ; paid trustees'
service, $150.

732 POOR'S MANUAL OF RAILROADS.

Statement of dividends paid by D., L. & N. RR. Co. since date of organization :

Preferred Stock. Common Stock.

p. c.

Feb. 20, '78, 2 Aug. 10, '

Feb. 15, '79, 6 Feb. 15, '81, 3*

Aug. 9, '79, 3* | Aug. 15, '81, 31

Feb. 10, '80, 3J Feb. 15, '82, 34

P- C. p. c. p. c.:! p. c.l p. c.

Aug. 15, '82, 3f Aug. 15, '84, 3} Aug. 16, '86, 3.} Feb. 10, '80, 3i Feb. 15, '84, 3
Feb. 15, '83, 3f Feb. 16, '85, 3^ Feb. 15, '87, 3.^ ;Aug. 10, '80, 2.1 Aug. 15, '84, 3
Aug. 15, '83, 3* Aug. 15, '85, 2 Aug. 15, '87, 3f Feb. 15, '83, 3" Feb. 15, '87, 3
Feb. 15, '84, 3£ Feb. 15, '86, 5 Feb. 15, '88, SjjAug. 15, '83, 3 j

Dividends are payable at the transfer office ; interest at the Second National Bank, Bos-
ton, Mass. Annual meeting, second Wednesday in May.

RAILROADS LEASED BY THE DETROIT, LANSING AND NORTHERN RAILROAD COMPANY.

GRAND RAPIDS, LANSING AND DETROIT RAILROAD.— Grand Itapids to Grand Ledge,
Mich., 53.01 : branch, Oakdale to Reed's Lake, 2.53— total, 55.54 miles. Gauge, 4 ft. 8i in. Sidings, 9.80 miles.
Rail (steel), 56 Ibs. Organized under the above name in the early part of the year 1887, for the construction of
a railroad about fifty-three miles in length, from Grand Ledge, a point on line of the D., L. & N. RR., to Grand
Rapids. The stock of the company is all owned by the Detroit, Lansing & Northern RR. Co., which leases the
road. The first, mortgage bonds of the company, limited to twenty thousand dollars; per mile, dated September 1,
1887, having forty years to run, and bearing interest at five per cent, per annum, and having the guaranty of the
Detroit, Lansing and Northern RR. Co., both as to principal and interest, endorsed upon them, were offered to
the stockholders of the latter company under circular of May 27, 1887. The amount so offered was at the rate of
$15,000 per mile, supposing that it would be sufficient to build the road ; but the increased cost of steel mils and
right of way, together with a more liberal outlay for terminals at Grand Rapids, to provide for the future as well
as present requirements, will make it necessary to issue the full amount of bonds authorized by the mortgage.
The road was opened in July, 1888. NATHANIEL THAYKR, President ; Charles Merriam, Secretary.

SAGINAW AND WESTERN RAILROAD.-Alma to Howard City, Mich., 42.57 miles. Sidings,
7.87 ; steel rails, 6.75 miles. Chartered as Chicago, Satrinaw and Canada RR. Co., January 4, 1873 ; road opened
to Edmore December 1, 1875 ; to Lakeview in 1879. Sold under foreclosure May 10, 1883, and purchased in the
interest of the Detroit, Lansing and Northern Co. by parties who reorganized the company under its present
name. Leased for 30 years from July 1, 1883, to the I)., L. & N. RR. Co., that compan3r guaranteeing to pay as
rental 6 per cent, interest on bonds, and 7 per cenr. dividends on stock, the maximum limit on bonds to be $15,0('0
per mile. Since date of lease the road has been shortened 2.7 miles by construction of a "cut off " of one mile,
connecting this line with the Saginaw and Grand Rapids RR. at Alma. Capital stock, $4,500 ; funded debt, 1st
mortgage 6 per cent. 30-year bonds, due July 1, 1913, interest January and July. $566,000 — total, representing cost
of road and equipment, $570,500. NATHANIEL THAYER, President ; Charles Merriam, Secretary and Treasurer,
Boston, Mass.

Board of Directors, Detroit, Lansing and Northern RR. Co.

H. H. Hnnnewell Boston, Mass. Nathaniel Thayer Boston, Mass. I A. H. Hardy Boston, Mass.

Charles Merriam " " Chas. M. Heald. Grand Rapids, Mich.

Geo. O. Shattnck " " | E. V. R. Thayer Boston, Mass.

Charles L.

Charles F. Adams. . .

John A. Burnham Boston, Mass. | George Whitney Boston, Mass.

NATHANIEL THAYER, President Boston, Mass.

Secretary and Tineas. — Charles Merriam.. Boston, Mass. I Assist. Treasurer — J. E. Howard .. Grand Rapids, Mich.
General Manager— Chas. M. Heald. Grand Rapids, Mich. | General Auditor— C.W.Courtright. Grand Rapids, Mich.

PRINCIPAL OFFICE AND ADDRESS Grand Rapids, Mich.

Fiscal Agency and Transfer Office No. 50 State Street, Boston, Mass.

DETROIT UNION RAILROAD DEPOT AND STATION COMPANY.

This company was organized to furnish station and depot accommodations for railroads
to Detroit which were not provided with them. The company's property consists of station
grounds, about forty acres, in the city of Detroit, and a railroad through the suburbs of the
city, about 3.33 miles in length, and tracks in the yards, about five miles. It owns freight
house, offices, and other buildings, for both passenger and freight business, also a very large
elevator with a capacity of about a million and a quarter bushels. Its railroad through the
suburbs connects with the Wabash Kailroad, also with the Lake Shore and Michigan South-
ern Railroad. Its freight and passenger houses and station grounds are all leased to the
several companies which occupy them.

Income Account, year ending December 31, 1891. — Gross earnings from all sources, in-
cluding rents and earnings from elevator, $128,956.81. Expenses, including operating ele-
vator, insurance, taxes, etc., $27,573.94, leaving balance of net earnings applicable to payment
of interest and dividends, $101,382.87.

Financial Statement, December 31, 1891.— Capital stock authorized, $2,000,000 ; issued,
$1,650,000. Funded debt consists of $600,000 4 per cent. 50-year bonds, secured by mortgage
on all the company's station grounds, buildings, and railroad ; interest payable semi-annually.
No floating debt. The company has outside real estate valued at $30,000, and an accumu-

738

lated surplus of $84,558.36. Agreement has been made with the bondholders, at their
request, to convert all the bonds into stock, dollar for dollar. Hereafter, therefore, the com-
pany's property will be unencumbered and with no debt, either funded or floating.

JAMBS F. JOY, President and Trenxnri r Detroit, Mich.

Wet-President— James McMillan Detroit, Mich. tocretanj—Jw. (.i. Miller Detroit. Mich.

PRINCIPAL OFFICE AND ADDRESS Detroit, Mich.

EASTERN KENTUCKY RAILWAY COMPANY,

Main Line of Road.— Riverton, Ky., to VVebbville, Ky 36 miles.

Sidings, 4.7 miles. Gauge, 4 ft, 9 in. Rail (steel, 12.15 miles), 56 and 60 Ibs.

History. — Chartered in January, 1870. Successor of the Kentucky Improvement Com-
pany, chartered in December, 1866. Road completed to Willard in January, 1870 ; extended
to \Vebbville in April, 1889.

Rolling: Stock, June 30, 1891. — Locomotive engine?. 4. Cars — passenger, 3 ; baggage,
etc., 2 ; freight (box, 5 ; flat, 6 ; stock, 2 ; coal, 27), 40 — total cars, 45.

Operations for year ending June 30, 1891.— Train mileage— mixed, 75,423 ; other, 8,925
— total, 84,348 miles. Passengers carried, 33,116 ; carried one mile. 345,751 ; average mile
rate, 3.94 cents. Tons freight moved, 70,098 ; moved one mile, 1,285,550 ; average ton-mile
rate, 3.95 cents. Earnings— passenger, $13,651.96; freight, $50,862.73; mail, $2.473.91;
other, $920.50— total, $67,909.10. Operating expenses. $66,298.04. Net earnings, $1,611.06.
Add other receipts, $1,617.23 — total income, $3,2-28.29. Payments : Interest on debt, $5,-
293.88 ; other payments, $6,786.29— total, $12.080.17. Balance, deficit, $8,851.88.

Financial Statement, June 30, 1891.— Capital stock (preferred, $1,779,500; common,
$1,697,800). $3.477,300; stock scrip, £3,617.50 ; bills payable, $54,771.59 ; current accounts,
$18,546.46 — total, $3.554,235.55. Contra: Cost of road and equipment, $2,395,757.69; real
estate and buildings. $836,900.60 ; stocks and bonds owned, $10,297.31 ; materials and fuel,
$4,969.03 other property and assets, $37,533.22; bills receivable, $4,648.80 ; current ac-
counts, $1,111.50 ; cash on hand, $4,348.97 ; profit and loss, $258,668.43— total, $3. 554, 235. 55.

Funded debt was retired in 1886, being replaced by preferred stock. Annual meeting,
second Wednesday in February, at Riverton, Ky.

Directors (elected February 10, 1892).— Nathaniel Thayer, E. V. R. Thayer, Charl- s
Merriam, H. H. Hunnewell, T. D. Barroll, E. B. Townsend, Boston, Mass.; H. W. Bates,
Green up, Ky.

NATHANIEL THAYER, President Boston, Mass.

a- Gtn. Ma^.—H. W. Bates Greeuup, Ky. \ Secretary & Trf<.t*>ir<r—E. B. Townsend. Boston.

PRINCIPAL OFFICE (Post Office Address, Greenup, Ky.) Riverton, Ky.

Transfer Office Xo. 27 Kilby Street, Boston, Mass.

EAST TENNESSEE AND WESTERN NORTH CAROLINA RR. CO.

Line of Road. — Johnson City, Tenn., to Cranberry, X. C 34 miles.

Sidings, 5 miles. Gauge, 3 ft. Rail, 40 Ibs.

History.— Chartered May 24, 1866 ; road opened July 3, 18S2.

Roiling Stock, December 31, 1891. — Locomotive engines, 3. Cars — passenger, 2 ; bag-
gage, mail, and express, 2; freight (box, 10; platform, 64; ore, 24). 98— total cars, 102.

Operations for year ending December 31, 1891.— Trains run (mixed), 53,300 miles. Pas-
sengers carried, 38,180. Freight moved, 54,687 tons. Earnings— passenger, $17,312.31!;
freight, $52,234.13; mail, $1,461.60— total, $71,008.04. Expenses— maintenance of way,
$22,031.32 ; maintenance of cars, $7,101.43; motive power, $18,192.44 ; transportation, $12,-
350.35 ; general, $7,419.91— total, $67,095.45. Net earnings (5.51 per cent.), $3,912.59. Paj-

734

POOR'S MANUAL OF RAILROADS.

ments : Interest on bonded debt, $15,000 ; other interest, $504.83 ; taxes, $2,835.28 — total,
$18,340.11. Balance, deficit for year, $14,427.52.

Financial Satement, December 31, 1891.— Capital stock (par, $100), $501,900 ; funded
debt (1st mortgage 6 per cent. 24-year coupon bonds, due November 1, 1905, interest May and
November), $250,000— total, $751,900. Contra: Cost of road, $766,562.89; rolling stock,
$74,264.42— total, $840,827.31.

Annual meeting, second Wednesday in March, at Johnson City, Tenn. Interest payable
at office of the Guarantee Trust and Safe Deposit Co., Philadelphia, Pa.

Directors (elected March 9, 1892).— Frank Firmstone, Easton, Pa. ; John R. Fell, Ario
Pardee, Jr., John S. Wise, Philadelphia, Pa.; R. F. Hoke, Raleigh, N. C. ; J. C. Hardin,
Johnson City, Tenn. ; George Richards, Dover, N. J.

FRANK FIRMSTONE, President Easton, Pa.

Secretary & Treasurer— John S. Wise. .Philadelphia, Pa. | Auditor— Wallace Hahn Cranberry, N. C.

PRINCIPAL OFFICE AND ADDRESS Cranberry, Mitchell Co., N. C.

Transfer Office 240 South Third Street, Philadelphia, Pa.

ELIZABETHTOWN, LEXINGTON AND BIG SANDY RAILROAD CO.

Line of Road.— Huntington, W. Va., to Lexington, Ky 139.69 miles.

Sidings, etc., 30.63 miles. Gauge, 4 ft. 9 in. Rail (steel, 132.44 miles), 56 Ibs.

History. — Chartered January 29, 1869. This road (opened from Lexington to Mount
Sterling in 1872, to the Big Sandy River in November, 1881) forms a connecting line between
the Kentucky system of railroads centering at Lexington and the Chesapeake and Ohio RR.
Of the 139.69 miles in operation, 21.22 miles (Ashland RR.) from Ashland to Straits Creek
Junction, and 8.96 miles (C. & 0. Ry.), Huntington to Big Sandy River, are leased. The
road was leased in February, 1886, for 250 years, to the Newport News and Mississippi
Valley Co. for actual net earnings, and on February 15, 1892, the lease was assigned to the
Chesapeake and Ohio Ry. Co., which company has offered to exchange the E. L. & B. S.
bonds for its own 4£ per cent, bonds, or else to guarantee the E. L. & S. B. 1st mortgage
bonds at 5£ per cent, from July 1, 1892, all interest prior to that date to be surrendered.
Practically all the bondholders have accepted the one or the oth^r of these propositions. The
C. & O. Ry. Co. has acquired all the equipment notes and floating debt, and nearly all the
stock and debenture bonds of the E. L. & B. S. RR. Co.

Rolling Stock, December 31, 1890. — Locomotive engines, 24. Cars — passenger, 12 ; com-
bination, 3; baggage, mail, and express, 7; official, 1 ; freight (box, 449; platform, 200;
stock, 75 ; H. B. gondola, 55 ; D. B. gondola, 96 ; gondola, 100 ; caboose, 13), 988 ; tool, 1 ;
derrick, 1 — total cars, 1,013.

Operations for year ending December 31, 1891. — Train mileage, passenger and freight
statistics not reported. Gross earnings, $775,787. Operating expenses, $571,714. Net
earnings, $204,072. Payments : Interest on bonds, $196,920 ; other interest (interest on
floating debt not included), $690 ; taxes and miscellaneous expenses, $26,197 ; trackage
rental, $21,000; rental of equipment, $10,043— total, $254,850. Deficit for year, $50,777.

General Balance Sheet, December 31, 1891.

Cost of Road and Equipment 88,207,278 13

Subscriptions to O. &M. T. Co 1,000 00

Subscriptions to Capital Stock (net) 8,223 00

Cash and Accounts Receivable 226,73369

Materials and Supplies. 27,783 52

Total Assets...

$8,471,018 34

Capital Stock $3,517,700 00

First Mortgage Bonds Outstanding 3,882,000 00

Debenture Bonds and Scrip 489,520 33

Ches. & Ohio Equipment Bonds 8,000 00

Equipment Trust Notes 249,574 08

Unpaid Coupons 96,480 00

Interest Accrued but not yet Due 65,640 00

Accounts Payable, etc 413,81277

Audited Vouchers, Pay Rolls, etc 141,074 79

Income Account 207,216 37

Total Liabilities ... ... $8,471 ,018 34

POOR'S MANUAL OF RAILROADS. 735

Funded debt consists of $3,282,000 1st mortgage 6 per cent. 30-year bonds, due March 1,
1902, interest payable March and September, in New York. Trustee, George I. Seney, New
York, N. Y. The first mortgage bonds are secured on entire line owned, 109.51 miles ; the
equipment trust 6 per cent, bonds on 100 gondola cars ; both are coupon and for $1,000 each.
The debenture bonds were issued for construction, and are payable only when the excess of
Darnings over operating expenses, taxes, sinking fund, and fixed charges shall amount to
$25,000 per year. Amount of first mortgage bonds issued, $3,500,000 ; retired by sinking
fund, $218,000. Capital stock issued, $3,500,900 ; to be issued, $65,372.35.

The amount of stock authorized is $5,000.000, which may be increased to $10,000,000 to
build the line from Elizabethton to Lexington. Annual meeting, Wednesday following
third Tuesday in March, books closing ten days previously. Stocks and bonds listed on New
York Stock Exchange.

Directors.— M. E. Ingalls, W. P. Anderson, George \V. Lewis, W. H. Jackson, X. K.
Johnson, Cincinnati, O.; Lewis P. Ecker, Richmond, Va. ; J. S. Woolfolk, George O. Graves,
Lexington, Ky. ; George F. Nelson, Winchester, Ky.

M. E. INGALLS, President Cincinnati, O.

Vice-President— W. P. Anderson Cincinnati, O. | Secretary <fe Treasurer— J. C. Davies Cincinnati, O.

j Cincinnati, O.

PRINCIPAL OFFICE AND ADDRESS \ T . ^

( Lexington, Ky.

FLINT AND PERE MARQUETTE RAILROAD COMPANY.

Main Line of Road. — Monroe, Mich., to Ludiugton, Mich 253.55 miles.

Bay City Division 14.55

Flint River Branch : Flint Junction to Fostoria 19.51

St. Glair Branch : Junction to South Saginaw 4.65

Bay City Belt Line, 5.95 ; Detroit Division, 6.02 11.97

Bay City Loop Line 2.78

City of Saginaw Belt Line Branch 5.19

Mount Pleasant Branch : Coleuian, Mich., to Mount Pleasant 14.51

Harrison Branch : Clare, Mich., northward 32.35

Manistee Branch : Junction to Manistee, Mich 26.53

Cole-man Branch, 11.06 ; Zilirankie Spur Br., 2.51 ; West Shore Br., 1.68.15.25—147.29 miles.

PORT HURON AND NORIHWESTERN DIVISION :

Port Huron Division : Port Huron to East Saginaw, Mich 90.34

Hand Beach Division : Port Huron to Sand Beach (Gauge, 3 feet) 70.25

Altmont Division ; Port Huron to Altmont (Gauge, 3 feet) ' .33.75

Port Austin Division : Port Austin to Palms (Gauge, 3 feet) 34.50 — 228.84 miles.

Total length of lines owned and operated December 31, 1891 629.68 miles.

Siding and spurs, 307.80 miles. Gauges, 3 ft. and 4 ft. 8i in. Rail (steel, — miles), 30, 35,
40, 56, and 70 Ibs.

History. — This company is a reorganization, August 31, 1880, of the Flint and Pere
Marquette Ry. Co., whose property was sold under foreclosure August 18, 1880. (See MANUAL
for 1884, page 601.) In February, 1889, this company was consolidated without change of
name with the East Saginaw and St. Clair, the Saginaw and Mt. Pleasant, the Saginaw and
Clare County, and the Manistee Ry. Cos.

On April 1, 1889, this company purchased the road, rights, franchises, etc., of the Port
Huron and Northwestern RR. Co. (statement for which see MANUAL for 1889, pages 511,
512), on terms given in the MANUAL for 1891.

Rolling- Stock, December 31, 1891 (Standard Gauge). — Locomotive engines, 93. Cars —
passenger, 62; parlor, 6 ; sleeping, 5; official, 2; baggage, mail, and express, 17; freight
(box, 1,682; stock, 18 ; platform, 1,165; coal, 194 ; charcoal, 65 ; furniture, 75 ; refrigerator,
10 ; logging, 100 ; cabin, 36), 3,345— total cars, 3,437. Also 5 snow-ploughs, 2 excavators,

736

POOK'S MANUAL — FLINT AND PERE MARQUETTE RR. CO.

1 derrick, 1 pile-driver, 15 conductors' way, 6 boarding, and 1 tool car. Narrow Gauge. —
Locomotive engines, 11. Cars — passenger, 21; baggage, 5; freight (box, 165; stock, 25;
platform, 49 ; coal, 24), 263 — total revenue cars, 289. Also 3 way cars and 3 snow-ploughs.
Operations for year ending December 31, 1891. — See tabulated statement below.

Expenses.— Transportation $1.248,880 44

Motive Power 94,115 10

Maintenance of Cars 153,082 04

Maintenance of Way, etc 278,085 33

General and Taxes 265,748 42

Earnings.— Passenger $860,412 12

Freight 1,953,017 05

Mail 56,265 87

Express 28,679 79

Miscellaneous . . . 2,249 39

Total (4,045.61 per mile) $2,900,624 22

Total (2,843.99 per mile) $2,039.411

Net earnings (29.70 per cent.), $861,212.89. Payments: 'Interest on funded debt,
$559,419.18 ; on floating debt, $22,352.03; dividends on preferred stock (No. 21, 1£ per cent.,
August 15, 1891, $95,130; No. 22, 2£ per cent., February 15, 1891, $158,550). $253,680—
total, $835,451.21. Balance, surplus for year, $25,761.68 ; surplus from last year, $6,408.26
—total surplus, $32,169.94.

Statement of operations, capital accounts, etc., for eight years :

1884

1885

1886 | 1887

1888

1889

1890

1891

1

Miles of RR. Operated 361 . 64

361.64

361.13 363.57

379.58

383.97

627.11

629.68

Passenger Train Miles 738,321

771,708

812,776| 845,064

814,475

987,548

1,156.505

1,134,039

Freight Train Miles
Passengers Carried
Passenger Miles
Freight (tons) Moved

871,496
882,659
27,231,295

1,229,679

789,502
757,102
23.380,115
1,135,270

914,393

862,088
25,806,190
1,382,747

1,221,634; 1,113,368
923,599 999,624
27,040.690i 27,210,155
1,880,970 1,746,813

992.523
1.013,123
28,094,273
1.717,346

1,386.459

1.277.768
34.409,115
2.002,123

1,273,087
1.261.767
34.728,219
2.027.537

Freight (ton) Miles

104,987.077

S

96,250,979

$

120-758,832

S

160369,089155,484,953

$ $

162,399,897 209,631,854

$ $

209,013,070

$

Gross Earnings

2,252,988

1,946,790

2,160,772

2,572,937i 2,403,073

2,370,133! 2,923,575

2,900,624

Expenses and Taxes

1,515,461

1,347,840

1,511,102

1,815,2831 1,646,424

1,623,297

2,042,409

2,039,411

737 527

598 950

649 670

757 654

756 649

746 836

881 1RA

861 °13

Gross Earnings per Mile
Gross Expenses per Mile. . .

6,229 92
4,000 54

5,163 47
3,510 16

5,983 34
4,184 37

7,076 87
4,992 94

5,671 18
3,869 23

5.421 96 4,171 45
3,716 13i 2,889 93

4,045 61
2,84399

Net Earnings per Mile 2,039 40

1,653 31

1,79897

2,083 93 1,80195

1,70583

1,281 52

1,201 62

Expenses to Earnings

67.26 p. C.

69. 23 p. c.

69. 93 p. c.

70. 55 p. c.:68.52p. c.

68. 48 p. c. 69. 86 p. c.

70. 30 p. c.

Av. Rate per Pass, per M. . .

2.69 c.

2.72 c.

2.69 c.

2.74 c.

2.73 c.

2.56 c.

2.53 c.

2.47 c.

Av. Rate per Ton per M

1.39c.

$

1.27 c.

S

1.16C.

$

l.lOc.

$

1.03c.

$

0.98 c.

S

0.94c.

S

0.93 c.

Capital Stock

6,500,000
5,299,000

6,500,000
5,299,000

6,500,000
5,299,000

6,500.000
5,509,000

10,000,000
5.359,000

10,000,0001 10,OW,000
9.119,0001 9,579.000

10,000,000
9,889.000

Funded Debt

Bills Accounts, etc

845,065

695,337

752.079

1,105,943

1,054,480

711,711 978,384

1,105,000

13.365

18,592

20,352

26,312, 1,201,287

1,201,182 1,206.388

1.204 228

Total Liabilities

12,657,430

12,512,929

12,571,431

13,141,255

17,614,767

21,031,893 21,763,772

22,198,228'

Railroad and Equipments,.
Stocks and Bonds

11,352,492
558,000

11,256,191
558,000

11,355,870
558,000

11,276,259
558,000

15,977,077
759,800

16,846,000
359,800

17,249,784
437.444

17,630.090
453.257

Other Investments

198,018

192,156. 257,444

921,458

511,406

3,449.463

3,739,815

3.41 1.M3

Acc'ts and other Assets. . .

548,920

506,582 400,117

885,588

366,484

376,630

336,729

701,818

Total Assets

12,657,430

12,512,929

12,571,431

13,141,255

17,614,767

21,031,893

21,763.772

22,198,228

General Balance Sheet, December 31, 1891.

Road and Equipment $17.032,090 50

Stock, Bay City Belt Line RR 93,456 58

P. H. & N. W. RR. System 3,257.102 55

Detroit Terminal Construction 38,772 26

Steamers No. 1, 2, 3. 4. and 5 453,563 74

Materials and Fuel 115.W7 84

Sag. Tuscola & H. RR. and Equipment. . . 28.fir,5 i:>

Securities of Company .359,800 00

TJncollected Earnings 104,664 80

Sundry Trusts 8,000 00

Sundry Dues and Other Assets 11 ,060 48

Cash on Hand 95,257 58

Total Assets. .-

.$;!;.>. l'K-J-,1 7M

Preferred Stock $6,500,000 00

Common Stock 3,500,000 00

Funded Debt Outstanding 9,889,000 00

Treasurer State of Michigan

Bills Payable

Accrued Interest, not due

Dividends Payable February 15, 1892

Vouchers and Accounts.

Profit and Loss. . .

55.882 90
478.67'; 70
113,051 M
158,550 00
29S.231 96
1.204,228 49

Total Liabilities

.$28,198,221 78

POOR'S MANUAL — FLINT AND PERE MARQUETTE RR. CO.

737

Statement of funded debt, issued and outstanding, December 31, 1891

CHARACTER OF BONDS.

Rate.

Interest.

When Due.

Issued.

Outstanding.

Hollv Wavne * Monroe RR. Sk. Fd. Bds.
P & P. M. UR. 1 st Mortgage Gold
F. & P. M. RR. Consol. Mortgage
P W & N \\~ Div 1st Mortgage

8

6

5
B

Jan'y and July.
April and Oct.
May and Nov.
April and Oct.

Jan. l, 1<K)1
Oct. 1, KttO
May 1. 1!«!)
April 1. 1««9

Si. ooo, ooo oo

3.9W.OOO 00
1.550.000 00
3,100,000 00

$1.000.000 00
3.W9.000 00
1,550,000 00
3,100,000 00

Equipment Bonds

5

May and Nov.

$40,000 Nov.lann.

240,000 00

240,000 00

Total

$9,889,000 00

$9,889,000 00

The first mortgage bonds 0/1920 are limited in amount to $5,000,000, of which$l,dOO.OOO
are reserved to retire the Holly, Wayne and Monroe RR. bonds. These bonds are $1,000
each, coupon, and secured on 285.79 miles of road. Listed on the New York Stock Exchange.

The consolidated mortgage bonds are limited to $10,000,000, of which $5,000,000 are re-
served to provide for the payment at maturity of $1,000,000 Holly, Wayne and Monroe RR.
bonds and $4,000,090 F. & P. M. 1st 6s. They are a first mortgage (at the rate of $20,000
per mile) on 100.35 miles of the F. & P. M. RR., which are not covered by previously exist-
ing mortgages, viz. : West Side Spur, 1.68 ; South Sagiuaw to Junction, 4.65 ; Saginaw Belt,
5.19 ; Coleman to Mt. Pleasant, 14.51 ; Saginaw and Clare County Branch, 32.35 ; Zilwaukee
Spur, 7.51 ; Loop Line, 1.87 : Manistee Branch, 26.53 ; Uoleman Branch, 11.06— total, 100.35,
and are also secured upon any additional mileage that may hereafter be constructed, includ-
ing the proposed Detroit extension ; provided^ however, that at no time shall the total bonded
liabilities against the railroad outstanding exceed $20,000 per mile of road, not including-
sidings, nor exceed $10,000,000, including prior bonds. Trustee, Central Trust Co., New
York City. Listed on the New York Stock Exchange.

The equipment bonds were issued to provide for additional equipment ; amount author-
ized, $400,000. They are payable in ten annual installments of $40,000 each on Nov. 1.

The Port Huron and North ir( *t< ;*// Division 1st mortgage bonds are $1,000 gold each,
dated May 17. 1889, mature April 1, 1939, coupons payable April 1 and October 1. at the
agency of the company in Ne\v York City. These bonds may be registered and retransferred
to bearer, and cannot be called before maturity. This mortgage covers the entire railroad,
branches, property, and rights formerly of the Port Huron and Northwestern Ry. Co. pur-
chased by this company April 1? 1889. Authorized issue, $3,500,000, of which $2,300,000
was paid for the property so purchased, and $1,200,000 for chancing the gauge to standard
width and otherwise improving the property and its equipment. Trustee, Central Trust Co.,
New York, N. Y.

Cost of road and equipment to December 31. 1890, $17,249,783.78 ; additions during 1891,
s3s2;306. 72— total to December 31, 1891, $17.632,090.50.

The preferred stock is entitled to 7 per cent, dividends (non-cumulative) from net tarn-
ings after payment of interest, and to share pro rota with the common stock in any dividend
over 7 per cent on the entire stock. The total amount of capital stock provided by scheme
of reorganization is $10,000,000— $6,500,000 preferred and $3.500,000 common. The com-
mon stock was to be issued only after the preferred had received 7 per cent, yearly dividends
for five consecutive years ; but in March. 1888, the court decided they were entitled to have
their stock issued, and a joint board of directors was elected in May, 1888, representing all
interests.

Annual meeting, third Wednesday in May. at Saginaw, Mich. Transfer books do not
close. Stockholders recorded 10 days before annual or special meetings are entitled to vote.
Dividends payable to stockholders of record about three weeks before February 15 and August
15. Dividends payable February 15 and August 15 at the treasurer's office. Registrar of
stock, Union Trust Co.. New York. Interest on bonds payable as follows : H. W. & Mou.
RR. bonds, at Merchants' National Bank, New York City, and Mechanics' National Bank,
New Bedford, Mass. ; on F. & P. M. RR. 6 per cent, bonds, at Merchants' Exchange National
Bank, New York, and Mechanics' National B.nk. New Bedford, Mass.; on F. & P. M. con-
47

738 POOR'S MANUAL OF RAILROADS.

solidated bonds and P. H. & N. W. Division bonds, at the Merchants' Exchange Nationa
Bank, New York ; on equipment bonds, at International Tri^t Co., Boston, or at Mechanics'
National Bank, New Bedford, Mass. Preferred stock, common stock ($3,298,200), consoli-
dated mortgage bonds ($1,500,000), and 1st 6s, and Port Huron & Northwest Div. 5s ($3,000,-
000), listed on New York Stock Exchange.

Land Department. — The company has a land grand of 3,840 acres to the mile of road,
which is divided into five trusts to secure a like number of mortgages on the road and lands.
In 1891 there were sold 3,387.01 acres, at an average of $7.45 per acre, amounting to $25,-
242.58. In addition thereto stiles of timber were made, retaining the fee, to the amount of
$340, making the aggregate sales, $25,582.58. Total number of acres sold to December 31,
1891, 443,701.77 ; unsold, 67,800.43.

TRUSTEES' INCOME ACCOUNT FOR 1891.— Receipts : Balance, cash on hand, December
31, 1890, $67.46 ; cash received from sale of coupon, $10 ; cash received from trustee, $4,000—
total, $4,077.46. Disbursements : Expense account of the several trusts, $3,677.06 ; account
of swamp land suit, $26.58 ; paid employees, $175 — total, $3,878.64. Balance, cash on hand,
December 31, 1891, $198.82.

Directors (elected May 22, 1890).— Wm. W. Crapo, Loum Snow, New Bedford, Mass.;
George Coppell, New York, N. Y. ; J. Lewis Stackpole, Francis V. Parker, John W. Mack-
intosh, Boston, Mass. ; Lewis Pierce, Portland, Me. ; H. C. Potter, Wm. L. Webber, IT. C.
Potter, Jr.. Saginaw, Mich. ; Wm. H. Tousey, Bay City, Mich.

WM. W. CRAPO, President New Bedford, Mass.

H. C. Potter, Vice-President Saginaw, E. S., Mich.

Sec. and Treas.—R. C. Potter, Jr. Saginaw, E. S.. Mich. | General Manager— W.H.Baldwin,Jr Saginaw E S Mich
Auditor— Gilbert W. Ledlie Saginaw, E. S., Mich.

PRINCIPAL OFFICE AND ADDRESS Saginaw, E. S , Mich.

Transfer Agent A. S. Apgar, 257 Broadway, New York, N. Y.

GAINESVIEW AND DAHLONEGA RAILROAD COMPANY.

(The following statement repeated from MANUAL for 1891 ; later information refused.)

Line of Road as Projected. — Gainesville, Ga., to Dahlonega, Ga 26 mile.-.

Gauge, 3 ft. Rail, 30 Ibs. per yard.

History. — Chartered in 1886 ; road opened in 1878. The road from Gainesville to Ches-
tatee, 15 miles, was placed under construction in 1878, and 4 miles, from Gainesville to the
Chattahoochee River, completed in 1882. Application has been made to the Court by the
creditors of this company for the sale of the road.

Financial Statement, December 31, 1886.— Preferred stock, $14,000 ; funded debt, 30-
year 6 per cent, bonds, due 1912 (authorized, $200,000), issued, $31,000— total, $45,000.

Directors.— W. P. Price, F. W. Hall, N. F. Howard, W. J. Worley, W. A. Charters,
Dahlonega, Ga.; A. Rudolph, A. D. Candler, G. W. Walker, R. Palmour, S. C. Dunlap,
Gainesville, Ga.

WILLIAM A. CHARTERS, Receiver Dahlonega, Ga.

W. P. PRICE, President Dahlonega, Ga.

Treasurer — James Williame Gainesville, Ga. | Secretary — H. H. Perry Gainesville, Ga.

PRINCIPAL OFFICE AND ADDRESS Dahlonega, Ga.

GALVESTON, HOUSTON AND HENDERSON RAILROAD COMPANY.

Line of Road. — Galveston, Tex., to Houston, Tex 50 miles.

Sidings, etc., 25.74 miles. Gauge, 4 ft. 8£ in. Rail (steel, 49 miles), 56 Ibs. ; iron, 52 Ibs.
History. — Chartered in 1848 ; road opened in 1854 ; foreclosed December 1, 1871 ; and

POOR'S MANUAL — GALVESTON, HOUSTON AND HENDERSON RR. CO. 739

reorganized December 16, 1871. Gauge changed from 5 ft. 6 in. to 4 ft. 8£ in. in 1876.
Defaulted in 1880 ; receiver appointed in September, 1880. Again sold under foreclosure
August 1, 1882, and reorganized 1st of December in that year. On the 1st of January, 1838,
the International and Great Northern RR. Co. assumed control of this line under a lease for
99 years, the lessee paying interest on bonds, and to lessor all surplus net earnings above
expenses, taxes, etc.

Rollins: Stock, December 31, 1891.— Locomotive engines, 12. Cars — passenger, 8; bag-
gage, etc., 4 ; freight (box, 15 ; platform, 5 ; caboose, 2), 22 ; other cars, 17— total cars, 51.

Operations for year ending December 31, 1891.— Train mileage— passenger, 144,418 ;
freight, 63,164 ; other, 10,085— total, 217,667 miles. For traffic statistics see tabulated state-
ment following.

Earnings.- Passenger $70,054 63

Freight 340,49283

Mafl 7,32656

Express 14,866 14

Miscellaneous 16,381 71

Total ($8,999 83 per mile).

. $449,991 87

Expenses.— Transportation $189,04362

Motive Power 109,06902

Maintenance of Cars 11, 473 94

Maintenance of Way 64,548 3o

General... 12.23615

Total ($7,727.42 per mile) $386,371 08

Net earnings, (14.14 per cent.), $63,620.79. Add unclaimed wages, $264.93 — total rev-
enue, $63,885.72. Payments : Interest on bonds, $100,000 ; taxes, $10,629.86 ; payments
account of business prior to receivership, $315.25 — total, $110,945.11. Balance, deficit, $47,-
059.39 ; surplus forward, $1,119.62— rnet deficit, $45,939.77.

Statement of operations, earnings, etc., for eight years, ending December 31 :

RR. Operated 50 Miles.

1884

1885

1886

1887

1888

1889

:

1890

1891

Passengers Carried

'83,839
2.910,159
145,049
7,020,438

&7*

192,778
22,615

78,619
2,719.705
122,897
6,052,102

ft*

217.603
27,105

113.484
4,297.015
169.598
8,140,185

VIJB&

279,103

24.008

106,353
3,738,434!
192,3041
9,231,9971
8
94,951 1
278,782
34.792

97,954
3.224,143
178.775
8,475,166
$
84,727
242,872
45,100

103,228
3.672,702
189,109
9,084,972

90.449
277,907
50,825

101,299
3.388,752
188,758
9,192,525

7S9,735
277,184
50,307

105,684
3,564,449
857,780

12,488,055

70,925
340,492
38,575

Passenger Miles

Freightf (tons i Moved
Freight (ton.) Miles

Passenger Earnings

Freight Earnings
Miscellaneous

Gross Earnings

289.119: 322,242
317,979! 279,886

401.031
395,355

408,525:
471,908!

372,699
335,787

419,181
337,655

407,226
359,658

449,992
386,371

Operating Expenses . :

Net Earnings
Gross Earnings per Mile. . .
Gross Expenses per Mile . .
Net Earnings per Mile
Expenses to Earnings ....
Av. Rate p. Pass. p. Mile . .
Av. Rate p. Ton p. Mile

*28,860
5,78238
6,a59 59
- 57721
109.98 p.c.
2.53 c.
2.75 c.

42,356

6,444 85
5.597 72
84713
86. 85 p. c.
2.85 c.
3.59 c.

5,676
8,020 62
7.907 10
11351
1)8. 58 p.c.
2.2r» c.
3.42 c.

*63,383
8,170 50
9,43816
- 1,267 65
115.52 p.c.., <
2.54 c.
3.01 c.

36,912

7.4.53 98
6.715 74
73824
K).10p. c.
2.63 c.
2.86 c.

81.526
8,382 62
6.7.53 51
1,63011
80. 55 p.c. J
2.46 c.
3.06 c.

47.568
8,144 52
7.193 16
951 37
»8.32 p. c.
2.39 c.
3.02 c.

63,621
8,99983
7.727 42
1.27241
a5.86p. c.
1.99 c.
2.72 c.

* Deficit.

Financial Statement, December 31, 1891.— Capital stock (par, $100), $1,000,000 ; funded
debt 1st mortgage 5 per cent. 30-year $1,000 coupon bonds, due April 1, 1913, interest April
and October, $2,000.000; current accounts, $21,923.17; interest due and accrued, $25,150
— total, $3,047,073.17. Contra : Cost of road and equipment, $3,000,000 ; current accounts,
$&50 ; cash on hand, $283.40 ; profit and loss, $45,939.77— total, $3,047,073.17.

Annual meeting, first Monday in April, at Galveston, Tex.; books close thirty days pre-
viously. Principal and interest of bonds guaranteed by the International and Great Northern
RR. Co.; interest payable at office of trustee, Mercantile Trust Co., of New York.

Directors. — Frank L. Lee, A. Bardash, W. R. Johnson. J. L. Kane, Galveston, Tex.;
Thomas J. Bayles, Geo. Gaines, R. B. Baer, Houston, Tex.

J. L. KANE, President Galveston, Tex.

R. B. Baer, Vice-P resident Houston, Tex.

Sec. and Treat.— James Spillane Galveston, Tex. [ Auditor—iff. L. Maury Palestine, Tex.

PRINCIPAL OFFICE AJ*D ADDRESS Galveston, Tex.

740 POORT8 MANUAL OF RAILROADS.

GREAT FALLS AND CANADA RAILWAY COMPANY.

Line of Road. — Great Falls, Mont., to Sweet Grass at International Line ..132.94 miles.
Sidings, etc., — miles. Gauge, 3 ft. Rail (steel), 35 Ibs.

History. — Chartered October 2, 1889 ; construction begun April 1, and road completed
October 1, 1890. Connects at Sweet Grass with the Alberta Ry. and Coal Co.'s line.

Rolling Stock. — Locomotive engines, 8. Cars — passenger, 2 ; freight (box, 12 ; coal
hopper, 150), 162 ; caboose, 5 ; water (iron), 4 — total cars, 173.

Operations. — Not reported; all information refused.

Financial Statement, April 1, 1891 (latest furnished). — Capital stock (par, $100), $2,000,-
000 ; funded debt (1st mortgage 6 per cent, bonds, dated November 5, 1889, due January 1,
1920, interest January and July), outstanding, $2,000,000 ; other liabilities, $80,000. Con-
tra : Cost of road and equipment, $4.000,000.

Annual meeting, second Thursday in April. Interest payable at Great Falls, Mont.

Directors.— Sir Alexander T. Gait, Montreal, Que. ; Elliott T. Gait, Lethbridge, N. W.
T. ; Donnld Grant, Faribault, Minn.; T. E. Collins, Great Falls, Mont.; W. A. Barr, St.
Paul, Minn.

SIR ALEXANDER T. GAI/T. President Montreal, Que.

T. E. Collins, Vice-President Great Falls, Mont.

General Manager— E. T. Gait. . Lethbridge, N. W. T. | Sec. & Treas.—W. A. Barr St. Paul, Minn .

PRINCIPAL OFFICE AND ADDRESS Great Falls, Mont.

HANCOCK AND CALUMET RAILROAD COMPANY.

Main Line of Road. — Hancock, Mich., to Fulton, Mich. : 19.11

Lake Linden Branch : Junction to Lake Linden 2.50 — 21.61 mile*.

Sidings, etc., 15 miles. Gauge, 3 ft. Rail (steel, 31.61 miles), 35 and 50 Ibs.

History. — Chartered January 14, 1885. Main line from Hancock to Calumet, 14.2 mile?,
and the Lake Linden Branch opened December 1, 1885 ; main line extended to Allouez,
March 12, 1887, and to Fulton, October 28, 1891.

Rolling Stock, December 31, 1891. — Locomotive engines, 8. Cars — passenger, 4 ; bag-
gage, etc., 1 ; freight (box, 16 ; platform, 100 ; ore, 115 ; wood, 23), 254 ; other, 4— total. 263.

Operations for year ending December 31, 1891. — Train mileage— passenger, 26,896 ;
freight, 99,251 ; other, 26,535— total, 152,682 miles. Passengers carried, 77,011 ; carried one
mile, 475,628 ; average mile rate, 3.77 cents. Tons freight moved, 889,947 ; moved one mile,
6,745.238; average ton-mile rate, 2.33 cents.

Earnings.— Passenger $17,9(i4 93

Freight 156,526 14

Mail 818 80

Express and Baggage 242 01

Miscellaneous... 37400

Total ($8,140.95 per mile) $175,925

Expenses.— Transportation $53.128 74

Motive Power 8,52868

Maintenance of Cars 12,654 27

Maintenance Way and Buildings. 18,771 08
General 11,097 08

Total ($4,820.90 per mile) $104,179 85

Net earnings (40.78 per cent.), $71,746.03. Payments: Interest on bonds, $15,975;
other interest, $18,021.74; State tax, $3,382.64; exchange bonds, $15.000; contingent ac-
count, $25.000 ; other payments, $5,135.31— total, $82,514.69. Balance, deficit, $10,768.66 ;
surplus forward, $134,786.03— net surplus, $124,017.37.

General Balance Sheet, December 31, 1891.

Cost of Road and Equipment $886,809 88 j Capital Stock (par, $100) $350,000 00

Stocks and Bonds Owned 70.000 00 I Funded Debt (see below) 400,000 00

Materials and Fuel on Hand 10.531 87

Current Accounts 1 0,175 OG

Cash on Hand 6,299 03

Total Assets §939,815 84

Bills Payable 28,55000

Current Accounts 22,24847

Contingent Account 15,000 00

Profit and Loss 124,017 37

Total Liabilities . . . . .$939,815 84

POOR'S MANUAL OF RAILBOADS. 741

Funded debt consists of consolidated 5 per cent. 40-year $1,000 coupon bonds, due January
1, 1931, interest payable January and July at Boston, Mass. ; authorized, $400.000 ; of which
outstanding, $330.000. Trustees, Chatl.-s Van Brunt. Boston. Mass., and Willis A. Briscoe,
Norwich, C't. Annual meeting, second Tuesday in July, at Hancock, Mich.

Directors (elected August 6, 1801).— John Tully, New York, N. Y. ; A. S. Bigelow,
Boston, Mass. ; John Daniel!, C. A. Wright, Hancock, Mich. ; Willis A. Briscoe, Charles
Bard, Norwich, Conn.

CHARLES BARD, President Norwich, Conn.

Sec. and Trtas.—John Tully New York, N. Y. j Vttitfil Manager— C. A. Wright Hancock, Mich.

PRINCIPAL OFFICE AND ADDRESS Hancock, Mich.

Transfer Office . . New York. N. Y.

HANNIBAL AND ST. JOSEPH RAILROAD COMPANY.

Main Line of Road.— Hannibal, Mo., to St. Joseph. Mo 206.41 miles.

Quincy Branch : Palmyra, Mo., to West Quincy, 111 12.7?

tas t.'ity BranrJi : Cameron, Mo., to Kansas City, Mo 54.13

>Y. Joseph Branch : St. Joseph, Mo., to Winthrop, Mo 19.4? — 86.37 miles.

Leased : Thompson's Switch. 111., to West Quincy, 111 1.43 miles.

Trackage : Thompson's Switch to Quincy, 0.55 : Winthrop to Atchisou, 0.49 . . . 1.04 miles.

Total length of lines owned and operated, December 31, 1*91 295.25 mil^s.

Second track, 0.40; sidings, etc.. 76.69 miles. Gauge. 4 ft. 8* in. Rail (steel, 342.74 ; iron,
27.13— total. 369.87 miles), 56 and 66 Ibs.

History. — Company chartered February 16, 1847. Road opened February 14. 1859. The
branches were built under separate charters. The company received a land grant under
which 603, .736 acres Lave been certified — all of which, with the exception of about 20,000
acres, have been sold. The bridge across the Missouri River at Kansas City is owned by
this company, and makes a part of the Kansas City and Cameron Line. In 1880 a sec >i.d
track was laid between the bridge and Union Depot, and is used jointly with the Chicago
and Alton RR. Co.. which pays for the use thereof a rental of $9.500 a year. The Missouri
Pacific liy. Co. uses the road between St. Joseph and Atchison. together with the terminal
facilities at St. Joseph. The Chicago, Rock Island and Pacific Ry. Co. pays rental tor run-
ning its trains between Cameron and Kansas City.

During1 1883 a controlling interest in this road was purchased by the Chicago, Burling-
ton and Quincy RR. Co., that company paying par for the preferred stock and S43.66 per
:share for the common in its 5 per cent, bonds.

Rolling Stock, December 31, 1891. — Locomotive engines, 78. Cars — passenger, 35 ;
baggage, mail, and express, 17; freight, 1,520; caboose, 53 ; other. 173 — total cars, 1,798.

Operations for year ending December 31, 1891. — Train mileage, passenger and freight
statistics not reported. Earnings — passenger, $653,031.13; freight, $1.590,818.75: mail,
§78,727.22; express, $69,999.96; other, $313,904.11— total, $2,706,481.17. Operating ex-
penses—transportation, $947,393; motive power, $181,424.46; maintenance of cars, $240.-
494.21 ; maintenance of way, etc., $323,308.99 ; general, $154,152.32— total, $1,846,772.98.
Net earnings (31.78 per cent.), $859,708.19. Add interest and dividends. $84,357.03: sun-
dries, $15.015.47 — total revenue, $959,080.69. Payments: Interest on bonds, $511, 293. 2S ;
rentals, *6.000 ; dividends on stock, $346,660.60; taxes, $32,006.87— total, $895,960.75.
Surplus; $63,119.94; deficit forward, $132,262.30— net deficit, $69,142.36.

General .Balance Sheet, December 31, 1891.

Cost of Road, Equipment, etc $21.498,692 23 Capital Stock— Common . . , t $9,168,700 00

Stocks and Bonds 222.!>l-2 71 Capital Stock-Prefeired. . \ par' 5100' ' • 1 5,083.329 00

Materials and Fuel 211,101 29

Current Accounts 598,801 3<5

Cash 184,687 25

Profit and Lo.-ss 69.142 36

Funded Debt Outstanding 8,000.000 00

Current Accounts 533,308 20

Total Assets S22.7S5.337 20 Total Liabilities $22.7S\337 20

742

POOR'S MANUAL OF RAILROADS.

Comparative statement of operations, etc., for eight years :

1

1884

1885

1886

1887

1888

1889

1890

1891

295.25

653,031
1,590,819

462,1,31

2,706,481

1,846,773

Miles of Railroad .

292.35

629,351
1,659,130
432,355

295.23

s

587,097
1,401,769
415,087

295.23

585,137
1,507,596
421,267

295.24

756,432
1,996,730
458,791

3,211,953
1,853,126

295.24

S

550,914
1,375,142
438,530

295.24

612,285
1.793,672
431,448

2,837,405
2,044.608

295.24

623,848
1.658,351
518,808

Passenger Earnings
Freight Earnings
Miscellaneous.

Gross Traffic Earnings
Transportation Expenses . .

Net Traffic Earnings
Gross Earnings per Mile. . .
Gross Expenses per Mile. . .
Net Earnings per Mile

1,681,423

2,463,893
1,890,197

573,696
8,345 67
6,402 46
1,943 21
76.71 p. c.

8,514,000
1,876,175

2,370,586
1,871,526

8,796,002

2,048,771

1,039,413
9.278 21
5,870 87
3,406 33
63. 28 p. c.

(137.825
8,514 70
6,354 96
2,160 43
74. 63 p. c

1,358,827 499,060
10,879 11 j 8,02935
6,27667- 6,33900
4,60244| 1,69035
57. 65 p. c. 78. 99 p. c.

798,797
9,61050
6,925 24
2,685 26
72. 58 p. c.

747,231 859,708
9,470 27 ; 9,166 74
6.{«i) 34 6,254 94
2,530 93 2,911 80
73. 27 p. c. 68. 24 p. c.

Expenses to Earnings . .

Funded debt, December 31, 1891, was as follows :

MORTGAGE.

Amount
Authorized.

Amount
Outstand-
ing.

Mature.

INTEREST.

Rate.

Payable.

Amount.

Consolidated

$8,000,000
500,000
1,200,000

$7,412,000
378,000
169,OOU

March 1, 1911
Feb. 1, 1892
Jan. 1, 1892

6 p. c.
8 p. c.
10 p. c.

March &Srpt,
Feb. & Aug.
•Ian. & July

$444,720
30,240
16,900

Q,uincy and Palmyra RR
Kansas Citv and Cameron RR

All bonds are coupon of $1,000 each. Interest and dividends payable at Boston, Mass.

The consolidated mortgage bonds are secured by mortgage of all the company's road and
franchisee, and strictly limited by the terms of the mortgage to the retirement of prior liens.
They are dated April 30, 1881, and are for $1,000 each, coupon, with privilege of registration.
Interest payable at Boston, Mass. Trustee, Farmers' Loan and Trust Co., New York, N. Y.
Listed on the New York Stock Exchange.

Annual meeting, first Tuesday in March, at St. Joseph, Mo.; books close thirty days
previously. Books also close thirty days in advance of dividend payments. Stocks and
consolidated bonds listed on the New York Stock Exchange.

Directors (elected March 3, 1891). — J. L. Gardner, C. J. Paine, E. C. Perkins, Boston,
Mass.; W. W. Baldwin, C. E. Perkins, Burlington, la.; W. C. Brown, C. M. Carter, W. J.
Hilton, S. H. McCord, St. Joseph, Mo.

C. E. PERKINS, President Burlington, la.

J. C. Peasley, 1st Vice- President and Treasurer Chicago, 111.

Geo. B. Harris, 2d Vice- President " "

General Auditor— C. M. Carter St. Joseph, Mo. I Secretary— W. J. Ladd Boston, Mass.

General Manager — W. C. Brown " | Transfer Agent — J. L. Carter C1

PRINCIPAL OFFICE AND ADDRESS St. Joseph, Mo.

Transfer Office . .Boston, Mass.

HUNTINGDON AND BROAD TOP MOUNTAIN RR. AND COAL CO.

Main Line of Road.— Huntingdon, Pa., to Mount Dallas, Pa 45.00 miles-
Branches : Shoup's R'n, 9.50 ; Six M. R'n, 4.00 ; Sandy R'n, 2.70; Long's R'u, 3.19.20 miles-

Total length of lines operated, December 31, 1891 64.20 miles.

Sidings, etc., 20 miles. Gauge, 4 ft. 9 in. Rail (steel), 60 to 70 Ibs.

History. — Chartered May 6, 1852 ; road opened hi 1855 ; extended to Mount Dallas in
1867. (See MANUAL for 1890.)

Rolling Stock, December 31, 1891.— Locomotive engines, 21. Cars — passenger, 9;
freight (box, 1 ; coal [car trust], 1,650), 1,651 caboose, 11 ; other, 37— total cars, 1,708.

Operations for year ending December 81. 1891. — For passenger and freight statistics, see
tabulated statement below. Earnings — passenger, $50.138.4'.' ; freight, $627,590.82 ; mail,

HUNTINGDON AND BROAD TOP MOUNTAIN RR. AND COAL CO.

743

$3,998.20; express, $4,469.77; other, $1,860.64— total ($10,717.41 per mile), $688.057.85.
Operating expenses — transportation and maintenance of equipment, $205,783.40 ; mainte-
nance way and structures, $70,575.52 ; general, $47,735.54— total ($5,048.19 per mile), $824,-
094.46. Net earnings (52.89 per cent.), $363,968.39. From this was paid interest on bonds,
$116,357.50 ; dividends on preferred stock, $138, 243 ; on common stock, $26,749 — total, $281,-
349.50. Balance surplus, $82,613.89.

General Balance Sheet, December 31, 1891.

Cost of Road, Equipment, etc $5,822,882 55 Common Stock Paid in ($50} $1-371,750 00

Operating Expenses, etc

Real Estate

Car Trusts

Materials and Fuel on Hand

Current Accounts

Cash on Hand

Other Assets and Accounts. . .

Profit and Lose.

324,084 46
63,018 98

294,622 18
17,728 26
39 474 23

118.792 18
16,839 27
54,397 84

Preferred Stock Paid in ($50) 1,9*0,550 00

Funded Debt 2,280,50000

Stock Scrip 865 00

Car Tracts 338,541 77

Bills Payable 30,000 00

Interest and Dividends 6,111 00

Earnings of RR. and Mines. 691,334 49

Current Accounts 41,16058

Cumberland Mine...

1,037 11

Total Assets $6.751.849 95 Total Liabilities $6,751,849 95

For statement showing- dividends paid since the organization of the company, see
MANUAL for 1891.

Statement of operations, etc., for eight years :

1884
Dec. 31.

1885
Dec. 31.

1886
Dec. 31.

1887
Dec. 31.

1888 1889
Dec. 31. Dec. 31.

1890

Dec. 31.

1891

Dec. 31.

Passenger Train Miles

57,780

56,600

57,070

58,130

58,055 .

I*') 345

216 340

169 060

175 940

2° 7 435

Passengers Carried
Passenger Miles

92.416
1,523.168

83,919
1,425,645

86,637

1.429.307

95,018
1.603,644

86,959 87,699
1.466,611 1.551.477

98,343
1.777,140

98,811
1.894.050

Freight Moved.

795.8(15

901.301

892,198

1,100,528

1,466,022 1.544,0.35

2.423,653

2.521.771

B. Top Coal
Cumberland Coal

192,706
394,114

176,076
460,289

385,797
266,154

382,427
438,145

385.150 376.801
835.604 899,620

563.852
554,715

1,477,792
1.667.815

All Other Freight

208,985

264,936

240,247

279,956

245.268 267,614

382,009

201,123

Freight Miles

26,152.897

30.967,114

28,018,643

35,518.988

53.173.058 .

Gross Earnings

333.561

371.000

379,875

435,425

$ $

516.000 523,843

721,879

......

688,057

Gross Expenses

157.836

179,291

167,181

175,000

225,807 271,808

363,719

8M,OM

Net Earnings

175,725

191,709

222.736

260,425

290,193 252,0a5

458,160

363,963

funded debt ($2,280,500) consisted December 31, 1891, of the following issues :
1st mtire. ext. 4 per cent 30-year S500 coupon bonds, due September 30, 1920, interest April and October. $416,000
2d mortgage 7 per cent. 20-year $500 coupon bonds, due February 1. 1895, interest February and August. 367.500
Consol. mortgage 5 per cent. 30-year §1,000 bonds, due April 1, 1895. interest April and October 1,497,000

The above bonds cover the entire property and equipment of the company. The Ists
were extended from 1870 to 1890 at 7 per cent, and then to 1920 at 4 per cent, lets and 2ds are
plain coupon. In April, 1881, a settlement was made with the holders of the consols, who
air reed to reduce interest from 7 to 5 per cent, and to receive for unpaid coupon two-thirds in
preferred stock and one-third in common stock, at par. These bonds are coupon with regis-
tration privileges.

Statement of car trusts, December 31, 1891 :

Series and Date.

§5^'
c-= «
BS.S

«

Amount
Outstand-
ing.

INTEREST.

zlst

s-o^Z?

11*3

"£ C

P C

P

Equipment Covered.

Rate.

Payable.

1st Series. Mar. 1. 1883...
2d Series. Jan. 1. 18S7....

120,000
125,000
145,000
90,000
100,000
100,000
50,000
60,000

24,000
65,000
117,000
81,000
90.000
100,000
50,000
60,000

6
5
5
5
5
5
5
5

Mar. & Sept.
Jar . it July
Mav & Nov.
Feb. & Aug.
June & Dec.
April & Oct.
April & Oct.
June & Dec.

12.000
13,000
t 14,000
9.000
10.000
10,000
5.000
6,000

1.000
1.000
1,000
1.000
1,000
1,000
1,000
1,000

250 Coal Cars.
250
300
200
210
210
105
125

3d Series, Nov. 1, 1889
4th Series, Aug. 1. 1890

5th Series. Dec. 1.1890 .

6th Series, April 1, 1890...
7th Series, Oct. 1. 1890

Hh Series. Dec. ]. 189:

t $15,000 payable Nov. 1, 1897 ; $16.000, Nov. 1, 1898 and 1899.

744 POOR'S MANUAL OF RAILROADS.

Trustees of 1st, 2d, and 4th series, Girard Life Insurance, Annuity and Trust Co., Phila-
delphia, Pa. ; 3d series, United Security Life Insurance and Trust Co., Philadelphia, Pa. ;
5th, 6th, and 7th series. Merchants' Trust Co., Philadelphia, Pa., and 8th series, Union Trust
Co.. Philadelphia, Pa. All certificates have coupons attached, and have privilege of regis-
tration. Principal and interest payable at the offices of the respective trustees.

Stock and bonds listed on Philadelphia Stock Exchange. Annual meeting, first Tuesday
in February. Books close sixty days previously. Voting power attaches to stock on sixty
days' ownership. Interest and dividends payable at the Manhattan Life Building, Fourth and
Walnut Streets, Philadelphia. Trustees of bonds : 1st mortgage, Girard Life, Insurance
and Trust Co. of Philadelphia ; 2d mortgage, John Curran and William P. Orbison ; consols,
James Long.

Directors (elected February 2, 1892). — James Long, Jacob Naylor, Johns Hopkins, Wil-
liam Bault, Lewis A. Riley, George H. Colket, Win. H. Shallcross, Philadelphia, Pa. ; Samuel
Bancroft, Jr., Wilmington, Del. ; Thomas R. Patton, Philadelphia, Pa.; Robert H. Crozer,
Upland, Delaware Co., Pa.; James Whitaker, Samuel Heilner, Philadelphia, Pa.

SPENCER M. JANNEY, President Philadelphia, Pa.

Sec. & Treas.—3. P. Donaldson Philadelphia , Pa. | Auditor— Wm. A. Foster Philadelphia, Pa .

PRINCIPAL OFFICE AND ADDRESS Fourth and Walnut Sts., Philadelphia, Pa.

INDIANA AND LAKE MICHIGAN RAILWAY COMPANY.

Line of Road.— South Bend, Ind., to St. Joseph, Mich 39.29 miles.

Sidings, etc., 5.05 miles. Gauge, 4 ft. 8£ in. Rail (steel), 60 Ibs.

History.'— Consolidation March 30, 1888, of the Indiana and Lake Michigan Ry. Co. of
Indiana, and the Indiana and Lake Michigan Ry. Co. of Michigan. The capital stock of the
consolidated company was fixed at $800,000. The road was partially built under a contract
which gave the contractors all the capital stock and $480,000 1st mortgage 5 per cent, bonds.
In January, 1890, the road was turned over to the Terre Haute and Indianapolis RR. Co. in
its incomplete condition, that company guaranteeing principal and interest of the bonds, and
agreeing to operate the road for 99 years for 75 per cent, of gross earnings, the remainder to
be applied to taxes, interest, and organization expenses. On August 4, 1890, that company
commenced operating the road under the terms of the contract.

Rolling Stock.— Furnished by Terre Haute and Indianapolis RR. Co.

Operations for year ending October 31, 1891. — Train mileage — passenger, 36,493 ; freight,
29,376; other, 2,544— total, 68,413 miles. Passengers carried, 16,125; carried one mile,
397,258. Tons freight moved, 29,689 ; moved one mile, 867,948. Earnings — passenger,
$8,733.30; freight, $17,178.37; mail and express, $6,594.61— total, $32,506.28. Operating
expenses — transportation, $13,314.57 ; motive power, $11,636.01 ; maintenance of cars,
$1,506.65; of way and buildings, $13,266.15; general, $56.15— total, $39,779.53. Deficit
from operations, $7,273.25.

Lessor's Income Account for year ending October 31, 1891. — Rental, $8,126.57. Paid
interest on bonds, $24,000 ; taxes, $262.66— total, $24,262,66. Balance, deficit, $16,136.09 ;
surplus forward, $1,205.66— net deficit, $14,930.43.

Financial Statement, October 31, 1891.— Capital stock, $800,000 ; funded debt, 1st mort-
gage 5 per cent. 50-year $1,000 coupon bonds, due September 1, 1939, interest March and
September, $480,000; due T. H. & I. RR. Co., $96,001.88 ; coupons past due and not pre-
sented, $125 — total, $1,376,126.88. Contra: Cos1> of road, $1,280,000; construction,
$52,201.41 ; real estate and buildings, $28,995.04 ; profit and loss, $14,930.43— total,
$1,376,126.88.

Annual meeting, second Wednesday in December, at Terre Haute, Ind. Interest guar-
anteed by Terre Haute and Indianapolis RR. Co., payable at office of the Central Trust Co.,
New York, N. Y , trustee. Registrar of stock, George ^E. Farrington, Secretary.

POOR'S MANUAL OF RAILROADS. 745

Directors (elected December 0, 18!)1). — Wm. R. McKeen, John G. Williams, D. W.
Minsliall. Benj. McKt-.-n, Geo. E. Farrington, Terre Haute, Ind.

Jonx G. WILLIAMS, President Terre Haute, Ind.

Geo. E. Farrington, Secretary and Treasurer. Terre Haute, Ind.

PRINCIPAL OFFICE AND ADDRESS Terre Haute. Ind.

INTERNATIONAL AND GREAT NORTHERN RAILROAD COMPANY.

-D (Longview, Tex., to Laredo, Tex 496.3

Lines 01 Koatl : j pales.tine> Tex ? to Houston, Tex 150.7—647.0 miles.

f Columbia : Houston to Columbia, Tex 50.0

| Hunt*i'ih: : Phelps to Huutsville. Tex 8.0

Branches -A Mineola : Troupe to Mineola, Tex 44.4 — 102.4 miles.

I Georgetown RR.: Georgetown to Round Rock, Tex 10.0

{Henderson and Orerton RR.: Henderson to Overton, Tex . . 16.0— 26.0 miles.

Leased : Galveston, Houston und Henderson RR 50.0 miles.

Total length of road operated December 31, 1891 825.4 miles.

Sidings, etc. (owned, 114.14 ; leased. 25.74), 139.88 miles. Gauge, 4 ft. 8i in. Rail (steel
[owned, 692.14 ; leased. 49.00J, 741.14 miles), 52 and 56 Ibs.

At Laredo a connection is opened with the line of road from the Rio Grande to the city
of Mexico.

History. — This company is a consolidation, September 23, 1873, of the International RR.
Co. and the Houston and Great Northern RR. Co. (For progress of construction on main lines
and branches see MANUAL for 1883, page 770.) In 1876 the extension of the International
line to Austin was completed. To aid the company in completing the road, the bondholders
funded a portion of their coupons — four on 1st mortgage, and eight on the others — into 7 per
cent, gold bonds preferred, and which take rank before the original bonds.

The State of Texas granted to H. & G. N. RR. Co. the usual land subsidy, and to the
International RR. Co. a bond subsidy of $10,000 per mile, for which the land grant, with 25
years' freedom from taxation, was substituted by a subsequent Act of the Legislature. The
total grant is not less than 5,000,000 acres, and is vested by purchase in the New York and
Texas Land Company.

In April, 1878, at the suit of the 2d mortgage bondholders, the road was placed in the
hands of a receiver, and was sold to a committee of the bondholders, by whom it was reor-
ganized. (For terms of reorganization, see MANUAL for 1888, page, 770.)

During the year 1881 the International and Great Northern RR. was purchased by the
Missouri, Kansas and Texas Ry. Co., the shareholders of I. & G. N. RR. Co. receiving two
shares of the stock of the M., K. & T. Ry. Co. in exchange for each share held by them.
Sirfce the reorganization of the M., K. & T. Ry. Co., in 1890, one-half of this stock was sold
to the Missouri Pacific Ry. Co.

The Galveston, Houston and Henderson RR. is leased for interest on its bonds, and any
surplus over interest, taxes, and expenses. Possession was taken of the road on the 1st of
January, 1883. The operations of that line are not included in the statements following.
(See GENERAL INDEX.)

On May 1, 1888, default was made in payment of interest on first mortgage bonds, and
this was followed by default made in payment of interest on second mortgage bonds. In
each case, however, the coupons were subsequently purchased for account of the company
or other parties in intere.-t.

On May 2, 1888, the lease of the I. and Gt. N. RR. to the Mo., Kan. and Tex. Ry. was
cancelled, and the I. & Gt. N. and the G. H. and H. RRs. were operated by the I. and Gt. N.
RR. Co., with headquarters at Palestine, Tex. On February 21, 1889, this road was placed in
the hands of receivers.

Since the close of the fiscal year this company has been reorganized, without foreclosure,

746 POOR'S MANUAL — INTERNATIONAL AND GREAT NORTHERN RR. co.

in accordance with the terms of a plan dated January 27, 1892. Under this plan provision
was made (1) for the defaulted coupons of the first mortgage bonds (May 1, 1889, to November
1, 1891, inclusive, 6 series of coupons, $238,620 each) aggregating $1,431,720, with interest
aggregating $83,517, or a total of $1,515,237, as follows: One-half of the total amount of
said coupons, with interest — equalling $757,618.50 — to be paid in cash, the remaining half to
be deposited with the Central Trust Co., trustee, which will issue its trust receipts (secured
by a certificate of indebtedness of the railroad company and the coupons deposited) therefor,
these trust receipts to bear interest at the rate of 5 per cent, per annum, payable semi-
annually, beginning November 1, 1892, and to be payable in six equal yearlv instalments.

The amount of defaulted coupons of the (2) second mortgage (six coupons, March 1, 1889,
to September 1, 1891, inclusive, $211,620 each series) equalled $1,269,720. Of these it was
proposed to pay in cash half the coupon interest of September 1, 1891, at the rate of 4£ per
cent, per annum, calling for $79,357.50, the remainder of these defaulted coupons to be pay-
able at their face value in new third mortgage bonds, to be issued under the plan and
described below.

The cash requirements of the company under the terms of the plan of reorganization
equalled $1,026,863.2^, as follows :

1. One-half the Amount, Principal and Interest, of Defaulted First Mortgage Coupons $757,618 50

Interest at 5 per cent, from November 1, 1891, to February 15, 1892 11,048 59

2. One-half the said Amount of Interest Due September 1, 1891, on Second Mortgage Bonds 79,357 50

3. Expenses of Reorganization, including Trustees, Committees, Counsel Charges, etc 178,838 64

Total Cash Requirements $1 ,026,863 23

To provide this sum an assessment was levied upon shareholders, and to compensate
such holders for this assessment, and for other purposes, the company will execute a new
third mortgage to the Mercantile Trust Co., as trustee, securing an issue of third mortgage
bonds, running for 30 years from September 1, 1891, bearing interest at the rate of 4 per cent.
per annum, payable during the first 6 years from date out of net earnings of the company
only, and thereafter absolutely. The amount of bonds to be issued under this mortgage is
limited to $3,000,000, to be distributed as follows :

To Shareholders, for Amount of Assessment $1,026,863 23

For Second Mortgage Defaulted Coupons $1,269,7'20

Less one-half September, 1891, Coupon, Paid in Cash 105,810— 1 ,163,910 00

Judgment of Jay Gould, with Interest 537,383 03

Total $2,728,15626

Balance for Corporate Uses 271,843 74

Total Issue Provided $3,000,000 00

A further provision of the plan is that " the interest upon the second mortgage bonds of
the railroad company shall be reduced to 4£ per cent, per annum for the period of six years
from and after September 1, 1891, this reduction to extend to and include the interest payable
on September 1, 1897, and thereafter and until the maturity of said bonds the same shall
bear interest at the rate of 5 per cent, per annum ; provided, however, that in case of default
continued for the period of 90 days in the payment of any now miniatured coupons upon the
second mortgage bonds the original rate of interest, namely, 6 per cent., shall be restored,
and such coupons shall be collectible and enforceable at such original rate of interest. The
reduction of interest upon the second mortgage bonds above provided shall be evidenced by
stamping a provision therefor on said bonds and all unmatured coupons, or by such other
effective device which may be adopted by the committee of the second mortgage bondholders
as more expedient and practicable."

Rolling Stock, December 31, 1891. — Locomotive engines, 78. Cars — passenger, 39 ;
baggage, mail, and express, 20 ; freight (box, 1,264 ; stock, 194 ; platform, 239 ; coal, 217),
1,914 ; caboose, 50 ; other, 48— total cars, 2,071.

Operations for year ending December 31, 1891. — Train mileage— passenger, 961,207 ;

POOR'S MANUAL — INTERNATIONAL AND GREAT NORTHERN RR. CO.

747

freight, 1,645.196 ; other, 77,808 — total, 2,684,211 miles. Passenger and freight statistics re-
ported beJow.

Karnings.-Paascnger $892.560 63

Freight 2.532.07S i«

Mail 12!.-

Express 7H,%5 90

Miscellaneous. . . 25, 154 08

Expenses.— Transportation $937,21 1 23

Motive Power 970,817 43

Maintenance of Cars 216,211 If

Maintenance of Way 853,502 87

General... 115,807 51

Total ($4,705.49 per mile) $3,6is.-;41 .'.» Total ($3,989.62 per mile) ... $3,093,550 20

Net earnings (15.21 per cent.), $555,091.59. Add interest and dividends, $'3,860; un-
claimed wages, $2,959.21 — total revenue, $560,910.80. Payments : Rental of Colorado
River Bridge, $14,618.32 ; taxes, $29,016.37 ; account business prior to receivership, $73,-
638.15— total, $117,272.84. Balance, surplus, $443,637.96 ; surplus forward, $3,719,500.66
—total surplus, $4,163,198.62.

Statement of operations, capital account, etc., for eight years ending December 31 :

1884

1885

1886

1887

1888

1889

1890

1891

Miles of Railroad

775.00 775.00
766,207 648,814
1,153,563 1,043,604
434,159 394,a89
23,445,581 21,084,149
615.864! 569,139
113-596,278 108,911,638

690,305 600.053
2,162,750! 1,863,998
18H.532 175,438

775.00
629,161
1,166,796
495,811

21.651.832
703.125
130,227-253

606,812
2,155,250
163,803

775.00 775.00 775.40
639,235 696,598 817,736
1,480,796 1.861,3251 1,711,928
4:23.087 457.921! 502,930
19.676,289 24,410.928 27,050.875
885,827; 788,660'
156,094,237 156,665,529! 178-320-166
$ $ $
592,831 638,642 728,505
2.162.843 2,086,759 2.575.1*55
163.936 175.326 184,515

775.40 775.40
963.941 961,207
1.711,876 1.645,196
597,884 580,392
33.192,419 32.129,298
929,897 891,414
187-928,412 183,223,913
$ $
859,257 892.561
2.591.956 2.532.07'J
195,209 224.002

Passenger Train Miles
Freight Train Miles

Passengers Carried
Passenger Miles
Freight (tons) Moved
Freight (ton) Miles

Passenger Earnings

Freight Earnings
Miscellaneous

Gross Earnings ....

3.041,587
2,416,865

2,639,489
1,814,850

2,925,866
1,958,518

2,919,610
2,306,215

2.900,727
2,489,273

3,488,185
2,629,453

3,646,422

3,148,245

3,648,642
3,093,550

Expense?

Xet Earnings
Gross Earnings per Mile. . .
Gross Expenses per Mile. .
Net Earnings per Mile
Expenses to Earnings
Av. Rate p. Pass. p. Mile .
Av. Rate p. Ton p. Mile. . .

Capital Stock

624,722
3,924 62
3,118 53
806 09
79.46 p. c-
2.94c.
1.90C.

9,755,000
15,008,000

824,639
3,405 79
2.341 74
1.064 05
(38.76 p. c.
2.84c.
1.71 c.

9.755,000
15,008,000

967.348
3.77.-, 31
1,527 12
1.248 19
67.01 p. C.
2.80C.
1.65C.

A

9,755,000
15,008,000

693,395
3.767 24
2,872 54
894 70
7(3. 25 p. c.
3 01 c.
1.38c.

9.755,000
15,008,000
239,221
121,868

' 3,268,785

411,454
3.742 87
3,211 97
530 90
85. 82 p. c.
2.61 c.
1.33c.

9.755.000

15,008,000
367.221
802,391
498,790
2.1312. US

858,732
4,498 56
3.391 09
1,107 47
75. 38 p. c.
2.69c.
1.44C.

9.755,000
15,008,000
498. 728
777,714
496.990
3.263.401

498,177 555,092
4,702 63 4,705 49
4,060 15 3,989 62
642 48! 715 87
86. 34 p. c. 84. 79 p. c.
2.5!»c. 2.77c.
1.38C. i 1.39c.
$ S
9.755.000 9,755.000
15,008,000 15,008.000
481.916 479,023
841,607 787,523
446.990 449.907
3.719.561 4,163,199

Funded Debt

Interest Due and Accrued. .

Other Liabilities

TsKflTS

2,658,770

826.641
2,612,858

240.641
3,558,516

Profit and Loss

Total Liabilities
Road and Equipment
Stocks and Bonds
Cash and Other Assets. . . .
Current Accounts

28,178.743
27,927,423
250,493
827

28.202,499} 28,562,157
27,948,269i 28,040.179
252,493; 252,493
1,788 269,485

28,392.874
28,039,802
252,493
8,337
73.242
19000

29,043,520
28.040.437
252,993
728,090
22,000

29,799,833
28,041,004
252,993
785,801
?20,035

30,253,074
38.544.348
942,993

721.210
744.52:3

30,642,652
28,551,296
2C7,993
1,065.966
817,397

Guar'tee Fd. Col. Riv. Edge
Total Assets

28,178,743

28,202,499

28,562,157

28,392,874

29,043,520

29,799,833

. i

30,642,652

General Balance Sheet, December 31, 1891.

Cost of Road and Equipment $28.551.295 52 Capital Stock $9,755,00000

207.992 70 Funded Debt Outstanding 15.008,000 00

204.000 58 | Bills Payable 44(5.990 00

S17,397 31 Current Accounts 7S7.523 48

47r.74t; 89 Interest Due 479,023 04

\ Rentals Due 2.916 66

384,218 80 Balance of Income Account 4,163,198 62

Stocks and Bonds

Materials and Fuel on Hand

Current Accounts

Cash on Hand

Cash in Bank of Bonner & Bonner at
Time of their Failure...

Total Assets $30,642.651

Total Liabilities

$30,642,651 80

funded debt ($15,008,000) consisted, December 31, 1891, of—

1st mortgage ti per cent, gold 40-year bonds, due November 1. 1919, interest May and November $7,954,000

!d mortgage « per cent, gold bonds, dated June 15, 1881, due September 1. 1909. int. March and Sept 6 968 500
2d mortgage 8 per cent, income 30-year bonds, due 1909, interest March and September 85,500

748 POOR'S MANUAL or RAILROADS.

The company is also responsible for $225,000 7 per cent. 40-year bonds of the Colorado
Bridge Co., dated July 1, 1880. The above are all coupon $500 and $1,000 bonds.

Annual meeting, first Monday in April, at Palestine, Tex.; books close thirty days pre-
viously. Bonds listed on New York Stock Exchange. Trustees of bonds : 1st mortgage,
John S. Kennedy and Saniual Sloan ; of 2d mortgage, the Farmers' Loan and Trust Co.,
New York, N. Y. Registrar of stccu, Farmers' Loan and Trust Co.

RAILROADS LEASED BY THE INTERNATIONAL AND GREAT NORTHERN RR. C'o.

GEORGETOWN RAILROAD. -Georgetown. Tex., to Round Rock, Tex., 10 miles. Sidings, 1 mile
Chartered May 31, 1878 ; opened December 11, 1S?S. Sold under foreclosure August <!, 1879, and leased by the
I. & G. N. RE,. Co.

HENDERSON AND OVERTON RAILROAD.- Henderson. Tex., to Overtoil, Tex., 1C, miles
Sidings, 0.5 mile. Chartered April 0, 1874 ; opened May S, 18; ; . Leased by the I. & G. N. Kit. Co.

Board of Directors, I. & G. N. RR. Co., elected April 4, 1892.

Jay Gould New York, N. Y.

George Goald .... "
Howard Gould " "

T. M. CAMPBELL, Receiver Palestine, Tex.

JAY GOULD, President New York, N. Y.

S. H. H. Clark, 1st Vice-President St. Louis, Mo.

Henry B. Kane, 2d Vice- President Palestine, Tex.

ftec. and Treas.—A.. II. Howard Palestine, Tex. | Asst. Sec. and Treat*.— H. B. Henson..New York, N. Y.

PRINCIPAL AND TRANSFER OFFICE .Palestine, Tex.

New York Office . .195 Broadway.

S. H. H. Clark St. Louis, Mo.

Jas. A. Baker Houston. Tex.

F. A. Rice...

Ira H. Evans. Austin, Tex.

A. R. Howard Palestine, Tex.

H. B. Kane

JACKSONVILLE AND ATLANTIC RAILROAD COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused.}

Line of Road. — Jacksonville. Fla., to Pablo Beach, Fla 16.25 miles.

Sidings, etc., 2 miles. Gauge, 3 ft. Rail (steel, 17.3 miles), 35 Ibs.

History. — Chartered August 25, 1882 ; road opened in 1884.

Rolling Stock, December 31. 1890. — Locomotive engines, 2. Cars — passenger, 6 ; freight
(box, 2 ; platform, 10), 12— total, 18.

Operations for year ending December 81, 1890. — Train mileage, 24.940 miles. Passen-
ger and freight statistics not reported. Earnings — passenger, $13,272.66 ; freight, $6,175.45 ;
mail, $743 — total, $20,191.11. Operating expenses — transportation, $6,177.92 ; motive power,
$2,413.42; maintenance of cars, $1,074.87; maintenance of way, etc., $3,977.65; general,
$3,484.83— total, $17,128.69. Net earnings, $3,062.42. Add other receipts, $11,169.78—
total available revenue, $14,282.20. Paid interest on bonds, $1,190 ; interest on debt,
$2,014.25 ; taxes, etc., $8,735.75— total, $12,940. Balance, surplus, $1,292.20.

Financial Statement, December 31, 1890.— Capital stock, $82.000 ; funded debt, 1st
mortgage 7 per cent. 10-20 year $500 coupon bonds, dated January 15, 1884, interest January
and July, secured on' roadbed, franchise, rolling stock, and State land grant, $32,000 ; bills
payable, $56,054.93; current accounts, $3,149.87 ; other liabilities, $33.68: profit and loss,
$707.80— total, $173,946.28. Contra: Cost of road and equipment, $152,084.87; materials
and supplies, $276.50 ; telephone line, $1,032.79 ; current accounts, $1,286.14— total, $178,-
756.08. Capital stock authorized, $100,000 ; paid in, $82,000 ; par, $100.

Directors (elected January 22, 1891).— J. M. Schumacher, S. B. Hubbard, H. S. Ely,
Jno. M. Barrs, J. VV. Fitzgerald, B. P. Hazeltine, R. P. Daniel, W. A. Macdnff, J. P. Talia-
ferro, J. Q. Burbridge, P. McQuaid, John L. Marvin, J. E. Hart, Jacksonville, Fla.

JAS. M. SCHUMACHER, President Jacksonville, Fla.

S. B. Hubbard, Vice-President Jacksonville, Fla.

Treasurer— H. S. Ely Jacksonville, Fla. I General Superintendent— 3. Hayden.. Jacksonville, Fla.

Secretary— J. M. Barrs | Auditor— J. L. Marvin

PRINCIPAL OFFICE AND ADDRESS . . Jacksonville, Fla.

POOR'S MANUAL OF RAILROADS. 749

JACKSONVILLE, MAYPORT AND PABLO RY. AND NAVIGATION CO.

Line of Road.— Jacksonville, Fla., to Mavport, Fla 17.25 miles.

Sidings, 3 miles. Gauge. 4 ft. 8£ in. Rail (steel, 20.25 miles), — Ibs.

History.— Chartered — ; road built and opened in 1888.

Kolliri"- Stock.— Not reported.

Operations for year ending June 30, 1890.— Earnings— passenger, $3,448.03; freight,
$4,038.06 ; mail, $803.24— total, $8,289.93. Operating expenses, $7,175.61. Net earnings,
$1,114.32.

Financial Statement. — All information refused. Above statement taken from the Florida
RR. Com iui**it.n« /•*' report.

Directors. — Not reported.

J. N. C. STOCKTON, President Jacksonville, Fla.

/— \Vm. Wallace Jacksonville, Fla. j Treasurer— Telfair Stockton Jacksonville, Fla.

PRINCIPAL OFFICE AND ADDRESS Jacksonville, Fla.

JAMESVILLE AND WASHINGTON RAILROAD COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused.}

Line of Road. — Jamesviile, X. C., to Washington, X. C 22.57 miles.

Sidings, 0.5 mile. Gauge, 4 ft. 8i in. Rail, 30 and 40 Ibs. (part iron, part steel).

History.— Chartered February 8,. 1869 ; road opened December 1, 1877. On the 22d of
April, 1884, tbe road and other property (including 39,000 acres of land) were sold under fore-
closure and purchased for account of the bondholders by J. X. Whiting of New York. On
December 28, 1885, the road was reorganized under present management.

Since April 2, 1888, this road, together with a steamer operated by it on the Roanoke and
Chowan Rivers, form, with the Suffolk and Carolina RR. and Atlantic and Danville RR.,
the " South Atlantic Air-Line" between Norfolk, Va., and Washington, X. C., reaching all
points on Albemarle Sound and the Chowan River.

Rolling Stock. — Locomotive engines, 2. C;trs — passenger, 2 ; baggage, etc.. 1 ; freight
(box, '2 ; platform, 11), 13 — total, 16 ; also, 1 hand car. Since the close of the fiscal year, 2
passenger and 3 box cars have been purchased.

Operations for 15 months ending December 81, 1887. — Earnings, $12,511.90. Operating
expenses, $8,606.84. Net earnings, $3,905.06. Operations from January 1, 1888, to May 31,
1888 — earnings, §9,614.85 ; operating expenses, $2,736.87. Net earnings, $6,877.98.

Financial Statement, June 1, 1888.— Capital stock (authorized, $300,000 ; par, $100),
$100,000 ; funded debt, $100,000, 1st mortgage 6 per cent, 5-20 registered $1,000 bonds, dated
July 1. 1886, with interest accrued from January 1, 1888, secured on entire road, wharves,
and stations at Jamesviile and Washington, buildings and shops at Dyinond City, and hotel,
etc.. at Washington. No other indebtedness. Contra: Cost of road and equipment, $C>v>6.-
441 ; real estate, etc., $339,000; cash on hand, $1,665.79 ; bills receivable on hand, $214.50;
uucollected earning?. $164.68.

Annual meeting, third Monday in June. Trustee of bonds, Guarantee Trust Co. of
Philadelphia, Pa.

Directors. — James E. Salter, James Work, W. W. Goodwin, David H. Lane, James
McManes, Hector T. Fenton, Samuel O. Stokes, Philadelphia, Pa.

DAVID H. LANE, President Philadelphia. Pa.

James McManes, Vice-President Philadelphia. Pa.

—.James Work Philadelphia, Pa. | Secretary— H. T. Fenton Philadelphia, Pa.

PRINCIPAL OFFICE N. W. cor. 9th and Walnut Streets, Phila., Pa.

750 POOR'S MANUAL OF RAILROADS.

KANAWHA COAL AND RIVER RAILWAY COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused.}

Line of Uoad. — Kanawha River, W. Va., to Black Band Iron & Coal Co. 's Mines. 13. 5 miles.
Sidings, etc., 1.75 miles. Gauge, 4 ft. 8£ in. Rail (steel), 40 Ibs.

History. — Chartered June 24, 1881 ; road opened in March, 1882 ; company reorganized
October 1, 1888.

Rolling- Stock. — Locomotive engines, 2. Cars — platform, 3 ; coal, 90 ; caboose, 1.

Operations for year ending December 31, 1888. Not reported. Earnings (coal, etc.),
$2,096.31 ; operating expenses, $2,961.35 ; net earnings, $134.96.

Financial Statement, December 31, 1888. — Capital stock, $175,000; profit and loss,
$134.96— total, $175,134.96. Contra: Cost of road, $156,600; equipment, $14,000; current
accounts, $3,699.37 ; cash on hand, $835.59 — total, $175,134.96.

Directors (elected January 22, 1889).— E. M. Farnsworth, Jr., Geo. S. Curtis, E. M.
Farnsworth, Fred. R. Shattuck, Boston, Mass. ; A. M. Wooldredge, Spring Hill, W. Va.

J. W. HUMBIRD, President Cumberland, Md.

A. M. Wooldredge, General Manager Spring Hill, W. Va.

PRINCIPAL OFFICE AND ADDRESS Spring Hill, W. Va.

KANAWHA RAILWAY COMPANY.

nf Rn«,l . < Fairfield, W. Va., to Acme, \V. Va ,9.5

} Steven's Mines to Coalburg, W. Va 10.0— 19.5 miles.

Gauge, 4 ft. 8i in. Rail, — Ibs.

History. — Chartered — ; road from Steven's Mines to Coalburg built in 1888 ; remainder
of line in 1890.

Rolling- Stock, Operations, etc.— No information obtainable from this company.

JOHN J. SHONK, President Plymouth, Pa.

R. H. Catlett, Vice- President Staunton, Va.

Sec. & Treas.— George W. Shonk Wilkesbarre, Pa. | Superintendent— F. L. Garrison Coalburg, W. Va.

PBINCIPAL OFFICE AND ADDRESS Coalburg, W. Va.

KANSAS CITY AND INDEPENDENCE AIR LINE.

Line of Road. — June. K. C. Suburban Belt RR. 6 miles from Kansas City,

Mo., to Independence, Mo 5.6 miles.

Sidings, 0.75 mile. Gauge, 4 ft. 8|in. Rail (steel), — Ibs.

History. — Chartered January 23, 1891, and road completed during the same year.
Opened March 1, 1892. This company uses, under lease, the terminals of the Kansas City
and Suburban Belt RR. Co. in Kansas City.

Rolling Stock.— Locomotive engines, 3. Cars— combination, 2 ; passenger, 4— total
cars, 6.

Financial Statement. — Capital stock paid in, $350,000; funded debt (1st mortgage
bonds, dated March 1, 1892, interest payable March and September at the office of the
Provident Life and Trust Co., Philadelphia, Pa.), $350,000— total stock and bonds, $700,000.
Trustee of bonds, Missouri, Kansas raid Texas'Trust Co., Kansas City, Mo.

Directors.— A. A. Mosher, E. L. Martin, A. E. Stilwell, C. A. Dean, J. McD. Trimble,
W. S. Taylor, A. L. Howe, Kansas City, Mo. ; William VVaterall, William H. Lucas, Phila-
delphia, Pa.; E. P. Merwin, New York, N. Y.

A. A. MOSHER, President Kansas City, Mo.

E. L. Martin, 1st Vice-President Kansas City, Mo.

2d Vice-Pres.—A. E. Stilwell Kansas City, Mo. | Sec. and Treas.— Wm. S. Taylor. ...Kansas City, Mo.

PRINCIPAL OFFICE AND ADDRESS. .Seventh and Wyandotte Sts., Kansas City, Mo.

POOR'S MANUAL OF RAILROADS. 751

KANSAS CITY, ST. JOSEPH AND COUNCIL BLUFFS RAILROAD CO.

, ( Harlem, Mo., to Council Bluffs, la ............... 193.28 miles.

Mam Lines of Koad : ^ An,azonia> MO., to State Line, Mo ................ 52.22 miles.

Bigelow Branch : Bigelow to Burlington Junction, Mo ............... 31.54

Northboro' Branch : Corning to Iowa State Line ............. ........ 29.53

East Atchison Branch : Winthrop Junction to East Atchison .......... 1.19

Xtbraska City Branch : Nebraska City Junction to Loop Line .......... 6.73 — 68.99 miles.

( H & St. J. RR. : Kansas City, Mo., to Harlem, Mo ........ 1.51

Jd : I C., B. & Q. ItR. : Council Bluffs, la., to IT. P. Transfer ...... 1.50— 3.01 miles.

Trackage : C. <fc A. Bridge : East Atchison to Atchieon ...................... 0.41 mile.

Total length of lines operated December 31, 1891 ........................ 317.91 miles.

Sidings, etc., 49.48 miles. Gauge, 4 ft. 8* in. Rail (steel, 314.49 miles), 66 Ibs.

History. — This company succeeded, by consolidation and otherwise, to the franchises
and property of the Platte County, the Atchison and St. Joseph, the Weston and Atchison,
the Missouri Valley, the St. Joseph and Council Bluffs, and the Council Bluffs and St. Joseph
RR. Cos. In 1880 the leased lines were completed, and the capital stock and income bonds
of this company bought by the C., B. & Q. RR. Co. in the same ye"ar. (See MANUAL for
1888, page 854.)

Rolling Stock, December 31, 1891. — Locomotive engines, 45. Cars — passenger, 26 ; bag-
gage, mail, etc., 11 ; freight, 941 ; caboose, 15; other, 172 — total cars, 1,165.

Operations for year ending December 31, 1891. — Train mileage, passenger and freight
statistics not reported. Earnings — passenger, $514,724.91; freight, $1,072,642.07; mail,
$73,601.04 ; express, $24,999.96 ; other, $206,816.77— total, $1,892,784.75. Operating ex-
penses—transportation, $595,874.01 ; motive power, $59,791.80 ; maintenance of cars, $59,-
054.13 ; of way and buildings, $186,216.88 ; general, $131,589.28— total, $1,032,526.10. Net
earnings, $860,258.65 Payments: Interest on bonds, $391,825; on debt, $484.76; rental
Kansas City Bridge, $20,000 ; dividends on stock, $388,950.48 ; taxes, $37,499.91— total,
$838,760.15". Surplus, $21,498.50. Surplus forward, $1,683,434.97— total, $1,704.933.47.

General Balance Sheet, December 31, 1891.

Cost of Road and Equipment ............. $12,966,395 14 Capital Stock (par, $100) ................. $5,925,573 67

Investments ............................... 294,770 54 | Funded Debt Outstanding ................ 5,587,016 48

Materials and Fuel ........................ 66.710 00 j Current Accounts ........................ 574,984 03

Current Accounts 191,022 48

Cash on Hand 309,443 36

Total Assets $13,828.341 52

Profit and Loss 35,833 87

Income Account 1.704,93847

Total Liabilities $13,828,341 52

Statement of funded debt outstanding, December 31, 1891 :

1st mtge. (K. C., S. J. & C. B.) 7 p. c. 30-year coupon bonds, due Jan. 1, 1907, interest Jan. and July. $5,000.000 00

Income (K. C.. S. J. & C. B.) 6 p. c. 30-year registered bonds, Sue Jan. 1, 1907 16 48

1st mtge. (Tarkio Valley) 7 p. c. 40-year coupon bonds, due June 1. 1920. interest June and Dec 309,000 00

1st mtge. (Nodaway Valley) 7 p. c. 40-year coupon bonds, due June 1, 1920, interest Jnne and Dec. . . 278,000 00

The first mortgage bonds are coupon of $100, $500, and $1,000 each ; all others are $1.000
each.

Annual meeting, first Tuesday in March, at St. Joseph, Mo. Interest and dividends pay-
able at Boston, Ma^s. Total number of dividends paid to close of latt fiscal year, 9. Bonds
listed on the Boston Stock Exchange.

Directors (elected March 3, 1891).— C. E. Perkins, W. W. Baldwin, Burlington, la. ;
C. J. Paine, J. L. Gardner, E. C. Perkins, Boston, Mass. ; W. C. Brown, W. J. Hilton,
C. M. Carter, J. H. McCord, St. Joseph, Mo.

C. E. PERKINS, President Burlington, la.

James C. Peasley, 1st Vice-President and Treasurer Chicago, 111.

G. B. Harris, 2d Vice- President Chicago, 111.

Secretary— W. J. Ladd Boston, Mass | General Manager— W. C. Brown St. Joseph, Mo.

PRINCIPAL OFFICE AND ADDRESS St. Joseph, Mo.'

Transfer Office . . Boston, Mags.

752 POOR'S MANUAL OF RAILROADS.

KANSAS CITY SUBURBAN BELT RAILROAD COMPANY.

Line of Road. — Kansas City, Mo., to Brush Creek, Mo. ... 12 miles.

2d track, 6 ; ridings, 4.5 miles. Gauge, 4 ft-. 8i in. Rail (steel), 60 and 70 Ibs.

History. — Chartered January 8, 1887 ; road opened January. 1891.

Operations. — This railroad is used by other roads for terminal and switching purposes,
etc. Present road renting terminals of the Kansas City, Osceola, & Southern RR., Kansas
City, Nevada, and Ft. Smith RR., and the Kansas City Independence Air Line. Income
account nor, reported.

Rolling Stock. — Locomotive engines, 3.

Financial Statement, December 31, 1891.— Capital stock (par, $100), $1,500,000 ; funded
debt (1st mortgage 30-year 6 per cent. $1,000 bonds, dated June 1, 1890, interest January and
July), $1,000,000; bills payable, $132,152.91— total, $2,632,152.91. Contra: Cost of road,
$2.515,930.26 ; buildings, $65,447.95; stock and bonds owned, '$8, 000: materials and fuel on
hand, $188: bills receivable, $700 ; current accounts, $852.52; cash on hand, $138.01 ; profit
and loss, $40,896.07— total, $2,632,152.91.

The terminus of this road in Kansas City is at 2d and Wyandotte Sts. From that point
to the West, Bottoms an extension is being constructed under the name of the Consolidated
Terminal Ry., which it is expected will be finished by Sept. 1, 1891, completing connection
with all the railroads entering Kansas City. Capital stock of the C. T. Ry. Co., $750,000,
full paid: funded debt, $750,000 first mortgage 5 per cent. 30-year gold bonds, dated Febru-
ary 1, 1892. Of this issue $550,000 have been sold. Trustees, Missouri, Kansas, and Texas
Trust Co. of Kansas City, Mo., and the Provident Life and Trust Co. of Philadelphia, Pa.
Interest payable February and August at the agency of the company in Philadelphia. In
April, 1891, the Consolidated Terminal Ry. Co. was consolidated with the Kansas City Subur-
ban Belt Ry. Co.

Annual meeting, fir.st Tuesday in July, at Kansas City, Mo. Interest payable at the office
of the Union Trust Co., Philadelphia, Pa. Trustee of bonds and registrar of stock, Missouri,
Kansas and Texas Trust Co., of Kansas City, Mo.

Directors (elected in July, 1891).— E. L. Martin, A. E. Stilwell, W. S. Taylor, A. A.
Mosher, J. McD. Trimble, Kansas City, Mo. ; William Waterall, Samuel R, Shipley, Philadel-
phia, Pa.; Ezra Bowen, Burlington, N. J.; E. P. Merwin, New York. N. Y.

E. L. MARTIN, President Kansas City, Mo.

A. E. Stilwell, Vice-President Kansas City, Mo.

7'ri-<itiiirer—Wm. S. Taylor Kansas City, Mo. | Secretary— Chas. A. Dean Kansas City, Mo.

PRINCIPAL OFFICE AND ADDRESS 7th and Wyandotte Sts., Kansas City, Mo.

LACKAWANNA AND MONTROSE RAILROAD COMPANY.

Line of Road.— Alford (D., L. & W. RR.), Pa., to Montrose, Pa 10.48 miles.

Gauge, 4 ft. 8| in. Rail (steel), 68£ Ibs.

History.— Chartered September 30, 1889 ; road opened August 24, 1891.

Rolling: Stock. — Furnished by the Delaware, Lackawanna and Western RR. Co.

Financial Statement, — Capital stock (par, $50), authorized, $150,000 ; subscribed and
paid in, $120,000. No bonds.

Annual meeting, first Thursday in January, at Montrose, Pa.

Directors (elected January 7, 1892).— W. F. Hallstead, W. R. Storrs, W. H. Storrs. (Jar-
ret Bogart, James W. Fowler, Geo. M. Hallstead, W. (J. Parke, Scranton, Pa.; II. L. Beech,
J. R. Cooley, R. M. Bostwick, T. J. Davis, W. H. Jessup, Montrose, Pa.

W. D. LUSK, President Montrose, Pa.

Treasurer— F. H. Gibbens New York, N. Y. | Secretary— Viva. F. Chambers New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Montrose, Pa.

POOR'S MANUAL OF RAILROADS. 753

LANCASTER AND HAMDEN RAILWAY COMPANY.

. . \ C. and M. V. Junction to Mowreyville, 0 7

Lines of Komi ( omplr Ml : -( Vimon gtati0n to Vinton Furnace, 0 7—14 miles.

Oauge, 4 ft. 8i in. Rail (steel). 65 Ibs.

Hi>tory. — For history of this load see MANUAL for 1890, page 1101. This line is being
built as a rapid transit coal road from the coal and iron fields of Vinton and Jackson Counties
to Lake Erie and the northwest. Projected from Columbus, O., to Wellston, 0., 75 miles, with
branches from Locust Grove to Viuton Furnace, 15 miles ; Tarlton to Lancaster, 17 miles,
and Lancaster to Wadly, 12 miles — a total distance of 119 miles. Grading is completed for 40
miles on various sections of the projected road.

Hollinir Stock.— Locomotive engines, 2. Cars — construction, 35 ; caboose, 1 ; hand and
push, 8 — total cars, 39.

Financial Statement. — Capital stock authorized, $20,000 per mile. Funded debt con-
sists of 1st mortgage 6 per cent. 40-year bonds, dated January, 1889, authorized at the rate
of $20,000 per mile. Cost of road and equipment, $300,000.

Annual meeting, first Monday in January. Intere>t payable in New York or London.
Trustee of bonds, Central Trust Co., New York, N. Y.

Directors. — I. G. Reeve.s, P. Rising, P. Biuniuger, B. F. Dunn, J. H. Alline, W. B.
McCracken, Lancaster, 0.; T. Agier, Hamilton, O.; Otis Ballard, A. Beach, Circleville, 0.;
James Ballard, Tarlton, O.

J. G. REEVES, President Lancaster, O.

r—P. Rising Lancaster, O. | Secretary— B. F. Dunn Lancaster, O.

PRINCIPAL OFFICE AND ADDRESS Lancaster, O.

LAKE ERIE AND WESTERN RAILROAD COMPANY.

(For map of this system, see page 755.)

f Sandusky, O., to Peoria, 111 417.58 miles.

Main Lines of Road : •] Indianapolis, Ind., to Michigan City, Ind 160.65 miles.

(Fort Wayne, Ind., to Connersville, Ind 107.60 miles.

Minster Branch : St. Mary's, O., to Minster, O. 10.00 miles.

Rushnlle Branch : Xew Castle, Ind., to Rushville, Ind 21.60 miles.

{Peoria & Pekin Union RR. : L. E. & W. Jc. to Peoria, 111. .2.42
| Indianap. Union Ry. : VVash'n St. to Union Depot, Indianap.0.79
Trackage : -{ P., G. C. & St. L. RR. : Xew Castle June, to Xew Castle. Ind.2.40
| Michigan Central RR. : Mich. Cent. Jc. to Depot, Mich. City. 0.56
IL. S. & M.S. Ry.: P. F.A\r.& C. Crossing to Depot, Ft. Wayne. 1.40— 7.57 miles.

Total length of all lines (owned, 717.43 m.) operated, December 31, 1891. . .725.00 miles.
Sidings, etc., 145.09 miles. Gauge, 4 ft. 84 in. Rail (steel, 667 miles), 56 and 60 Ibs.

History. — For history of organization, construction, etc., see MANUAL for 1888, page 472.

The Cleveland, Cincinnati, Chicago and St. Louis Ry. Co. uses 18.7 miles of this com-
pany's tracks between Lafayette and Templeton, paying a fixed rental of $10,098 per annum
and cost of repairs and renewals, based upon usage. The Chicago, St. Louis and Pittsburgh
RR. Co. uses 55 miles between Indianapolis and Kokomo, paying $24,000 per annum and cost
of repairs and renewals, based upon usage. The Louisville, Xew Albany and. Chicago Ry.
Co. use the joint tracks of this company and the Clevaland, Cincinnati, Chicago and St.
Louis Ry. between Massachusetts Avenue and Washington Street, at Indianapolis, paying
therefor as rental $5,466.66, one-half of which is received by this company. They also use
the terminal facilities of this company, at Indianapolis, paying therefor as rental $11,050 per
annum and cost of repairs and renewals, based on usage.

At Indianapolis this company uses the tracks of the Union Ry. Co. to and from the
Union Passenger Station, and to reach the several connections with other railroads ; rental,
48

754

POOR'S MANUAL — LAKE ERIE AND WESTERN RR. CO

$9,396 per annum and cost of repairs and renewals, based upon usage, together with uniform
charges per car to industries and for exchanging traffic with connecting lines.

At Peoria, this company uses the tracks, depots, and terminal facilities of the Peoria
and Pekin Union Ry. Co. at an annual rental of $22,500.

The tracks of the P., C. C. & St. L. Ry. Co., between New Castle and New Castle Junc-
tion (2 miles), are used by this company at a rental of $300 per month, which includes main-
tenance. The terminals of the L. S. & M. So. Ry. at Fort Wayne, Ind., are used by this
company at a rental based on usage.

Rolling Stock, February 27, 1892. — Locomotive engines. 112. Cars — passenger, 66 ;
baggage, mail, and express, 18; freight (box, 4,062; stock, 195; platform, 703; coal, 277),
5,237 ; caboose, 43 ; other cars, 14 — total cars, 5,378.

Operations for yeai ending December 31, 1891. — Train mileage — passenger, 1,219,971 ;
freight, 1,463,680 ; construction, 72,630— total, $2,756,281 miles. Passengers carried, 1,373,-
815 ; carried one mile, 35,234,283; average mile rate, 2.43 cent?. Tons freight moved, 1,871,-
172 ; moved one mile, 272,185,140 ; average mile rate, 0.75 cent.

Earnings.— Passenger $886,778 01

Freight 2,041,578 96

Mail. . . 55,741 72

Express

Miscellaneous...

49,781 33
239,475 05

Expenses.— Transportation $1.047,346 51

Motive Power ,

Maintenance of Cars j"

Maintenance Way & Buildings 347,066 16
General. 155,74045

Total ($4,533.73 per mile) $3,273,355 07 Total ($2,528.33 per mile) $1,825,457 74

Net earnings (44.23 per cent.), $1,447,897.33. Payments : Interest on bonds, $363,770.84;
taxes, $115,812.84 ; trackage rentals, $39,255.07 ; betterments, $216,509.45 ; dividends (4 per
cent, on preferred stock), $473,600— total, $1,208,948.20. Balance, surplus, $238,949.13.
Surplus forward, $323,897.51— total, $562,846.64.

General Balance Sheet, December 81, 1891.

Cost of Road, Real Estate, etc $29,698,820 34

Rolling Stock. 2,456,661 74

Stock Lafayette Belt Ry. Co.

Materials on Hand

Current Accounts

Cash

Total ABsets...

15,000 00

82,453 36

176,002 71

565,747 73

$32,994,685 88

Capital Stock (par, $100) $23,680,000

Funded Debt 7,900.000 00

Equipment and Improvement Account. . ,

Accrued Interest

Current Accounts

Dividends Unpaid

Dividend Payable, February 15, 1892

Income Account...

328,132 49
184,295
219,568 91
1,442 00
118,400
562.846 64

Total Liabilities $32,994,685 88

Funded debt outstanding December 31, 1891, consisted of —

1st mortgage 5 per oent. 50-year $1,000 bonds, due January 1, 1937, interest January and July $7,250,000

2d mortgage 5 per cent. 50-year $1,000 bonds, due July 1, 1941 , interest January and July 650,000

The first mortgage bonds are authorized at the rate of $10,000 per mile of completed road
and are secured on the entire line (725 miles). They are coupon, but may be exchanged for
registered bonds ; interest payable January and July at the Chase National Bank, New York
City, free from all State and National taxes. Trustees, Central Trust Co. of New York and
Augustus L. Mason of Indiana. Listed on the New York Stock Exchange.

The second mortgage bonds are authorized at the rate of $5,000 per mile. They are
coupon bonds, but may be registered ; bonds are dated June 30, 1891, and mature July
1, 1941 ; interest payable January and July at the Chase National Bank in New York City.
Of these bonds, $650,000 were issued in 1891, and $850,000 in January, 1892, making
the total now issued, $1,500,000. The proceeds were expended in the purchase of the fol-
lowing new equipment, etc.: Cars, $844,000; locomotives, $112,000 ; betterments, steel rails,
etc., $200,000 ; passenger coaches, $60,000; additional terminal facilities and bridge better-
ments, $50,000— total, $1,266,000. Trustees, Central Trust Co., New York, N. Y., and Robert
C. Bell of Indiana. Listed on the New York Stock Exchange.

The capital stock consists of preferred and common, each $11,840,000. Preferred stock
is entitled to 6 per cent, dividends, non-cumulative, before any payment of dividend on com-

755

756 POOR'S MANUAL OF RAILROADS.

xnon stock. Both classes of stock listed on the New York Stock Exchange. Registrar of
stock, Central Trust Co., New York, N. Y.

Annual meeting, first Wednesday in October, at -Peoria, 111. Books close fifteen dajs be-
fore dividend payments, and at least 20 days before annual meeting. Dividends payable
the fifteenth days of February, May, August, and November, at the company's office, 80
Broadway, New York, N. Y. Total number of dividends paid to close of 1891 on preferred
stock, 9.

Directors.— Te rm expires first Wednesday in October, 1892: Calvin S. Brice, Lima, 0.;
Geo. F. Stone, H. \V. Cannon, New York, N. Y. — Term expires first Wednesday in October,
1893 : Samuel Thomas, John G. Moore, New York, N. Y. ; John B. Cohrs, Chicago, 111.—
Term expires first Wednesday in October, 1894 : Geo. F. Baker, Edward Tuck, Nelson Robin-
son, New York, N. Y.

CALVIN S. BRICK, President Lima, O.

L. M. Sch wan. Vice-Pre*., Sec., & Treas 80 Broadway, New York, N. Y.

General Manager — Geo. L. BWkdbnrj. Indianapolis, Ind. \ Auditor — W. A. Wildhack Indianapolis, Ind.

PRINCIPAL OFFICE AND ADDRESS Indianapolis, Ind.

New York Office 80 Broadway.

LAKE SHORE AND MICHIGAN SOUTHERN RAILWAY COMPANY.

Main Line of Road.— Buffalo, N. Y., to Chicago, 111 ...................... 540.49 miles.

Sandusky Division: Elyria June, to Millbury June., 0., ma Sandusky. . 72.95
Air-Line Division : Air- Line Junction to Elkhart .................... 130.83

Jackson Branch : Lenawee Junction to Jackson, Mich ................ 41.98

Monroe Branch : Lenawee Junction to Monroe, Mich ................. 29.37

Ashtabula Brand/ : Ashtabula, 0., to Jamestown, Pa ................ 35.98

Other Brs.: Sandusky Pier, 3.72, Ashtabufa Harbor, 2.33, Dunkirk, 1.50 7.55—313.66 miles.
{Detroit, Monroe and Toledo RR. (see below) ............. 62.36

T>mr>r?0+ .v I Kalamazoo and While Pigeon RR. (see below) ........... 36.57

R?O f •( Northern Central Michigan RR. (see below) ............. 61.14

I Detroit and Chicago RR. (see below) ........... . ....... 67.60

{^Sturgis, Groshen tfc St. Louis RR. (see below) ............ 3o. 81— 263.48 miles.

( Kalamazoo, Allegan & Qr. Rapids RR. (see statement). . 58.42
| Jamestown and Franklin RR. (see statement) ......... 50.91

Leased Lines :-{ Mahoning Goal RR. (and 11.98 m. branches) (see state.) 50.29
Detroit, Hillsdale and Southwestern (see statement) .... 6-3.20

Wayne and Jackson RR. (see statement) ......... 97.83 — 322.56 miles.

Total length of road operated, December 31, 1891 ..................... 1,445.19 miles.

2d track, 408.72; 3d track, 7.71 ; sidings, 650.63 miles. Gauge, 4 ft. 8i in. Hail (steel,
.2,324.35 miles), 60 and 65 Ibs.

History. — The Lake Shore and Michigan Southern Railway Company was formed by a
consolidation, in 1869, of the —

1. Michigan Southern and Northern Indiana — Chicago to Toledo, with branches ;

2. Cleveland and Toledo— Toledo to Cleveland ;

3. Cleveland, Painesville and Ashtabula — Cleveland to Erie ;

4. Buffalo and Erie — Erie to Buffalo.

For early history of these several organizations see MANUAL for 1885, page 549.

The length of the several lines acquired by the consolidation of 1869, including the
Detroit, Monroe and Toledo RR., 62.36 miles, was 927.23 miles. The share capital of the
consolidated company was $34,938,000 ; funded debt, $22,283,000 ; floating debt, $416,557—
total stock and debt, $57,637,557. The mileage acquired since the consolidation has been :
The Kalamazoo and White Pigeon, 36.57 miles, by purchase ; the Northern Central of Michi-
gan, 61.14 miles, and Ashtabula Branch, by construction ; the Detroit and Chicago RR., 67.6
miles, by ownership of stock ; the Sturgis, Goshen and St. Louis RR., Findlay, Mich., to
Goshen, Ind., 35.81 miles, acquired as of December 1, 1889, by ownership of stock and
assumption of bonds ; and the following by lease : the Kalamazoo, Alleghan and Grand

POOR S MANUAL — LAKE SHORE AND MICHIGAN SOUTHERN" RY. CO. 757

Rapids, 58.42 ; the Jamestown and Franklin, 50.91 ; the Mahoning Coal, 50.29 ; the Detroit,
Hillsdale and Southwestern, 65.20 ; and the Fort Wayne and Jackson, 97.83— total, 322. ~,6
miles.

In 1882 this company purchased a controlling interest in the capital stock of the New
York, Chicago and St. Louis Ry. Co., issuing in payment therefor $6,500,000 of its second
consolidated mortgage bonds.

Rollins: Stock. December 31, 1891. — Locomotive engines, 560. Cars — passenger (first
class, 13? ; second class and smoking, 37 ; combination, 8 ; emigrant, 19), 201 ; postal, 25 ;
postal and baggage (combined), 14; baggage, 67 ; buffet, 2 ; dining, 7 ; freight (box, 11,894;
stock, 1,414; platform, 1,697; coal, 4,776; ore, 50), 19,831— total cars, 20,147. Also 280
caboose, 2 pay. 8 tool, 223 dumper. 5 officers', and 12 derrick cars.

Operations for year ending December 31, 1891. — See tabulated statements following.

Expenses.— Transportation $6.313,078 58

Repairs of Locomotives 916,834 02

Maintenance of Cars 1,764.415 20

Maintenance of Way 3.205.746 8tf

Fuel for Engines 1.030,786 69

General and Taxes 1.411,814 03

Total ($14,829 per mile) $21,431,386 68 Total ($10,125 per mile) $14,632,675 38

Net earnings (31.73 per cent.), $6,798,711.30. Add interest and dividends, $455.623.13—
total available revenue, $7,254,334.43. Payments : Interest on bonds, $3,204.370 : rentals
leased roads. $557,154.38 ; dividends (10 per cent.) on guaranteed stock, $53,350 — total, $3,-
814.874.33. Balance, surplus over fixed charges, $3,439,460.05, from which were paid two
dividends (3 per cent, each), $2,967,990, leaving net surplus for the year, $471,470.05. Sur-
plus forward, $11,647,210.66— total, $12.118,680.71. Add gain on sale of sundry assets, etc.,
$105,263.35 — total surplus, $12,223,944.06, from which cost of improvements Ashtabula
Harbor to December 31, 1891, charged off, $611,433.61 — net surplus as per general balance
sheet, $11,612,510.45.

Statement showing, by roads, the gross earnings and gross earnings per mile, etc., for the
two years, 1891 and 1890 :

Earnings.— Passenger $5-376,508 98

Freight 13.893.63S 79

Mail 1.341.032 07

Express 464.587 17

Rents 249.323 90

Miscellaneous 106.29577

EARNINGS.

PER MILE.

KOADS. .aiues.

1891 1890

1891

1890

Lake Shore and Michigan Southern Ry. and Branches. . 859.15
Mahoning Coal RR 50 20

19.501.316 23I18,944J07 69
4l»0 4°0 17 5°0 332 07

22.69838
9 76933

22.049 82
10 34* J 63

Jamestown and Franklin RR . . . . 50 91

154,970 07 147 586 16

3,04400

Detroit Monroe and Toledo RR 62 36

604 7l>7 10 584 139 °°

9 69848

9 367 21

Kalarnazoo \lle°ran and Grand Rapids RR. 58 42

153 705 55' 156 538 24

2.631 04

2,679 53

Kalama/oo and White Pigeon RR 36 57

11236200 10570754

3 ( >72 52

2.89055

Northern Central Michigan RR. 61 14

92 539 S7 ',15.991 15

1,513 57

1,570 02

Ft Wavne and Jackson RR 9783

s 12 93; 21941603

•2 240 S''

Detroit. Hillsdale and Southwestern RR. . . 65 20

41,839 80 38.939 17

641 71

59723

Detroit and Chicago RR, .... 67 60

38 874 72 40 060 78

575 07

592 62

Sturgis. Goshen and St. Louis RR 35 81

20.748 24; * 12.941 52

57940

36139

Total 1.44519

21 431 386 68 '20.860. 759 57

14>29 45

14.437 17

* Seven months.

General

Construction (859.15 m.)

Equipment (560 engines, 20,677 cars) ....

Proprietary Roads (227 67 miles*

Jamestown and Franklin RR. (51 miles).

Stocks Owned

Supplies. Fuel, etc

Sundry Assets and Real Estate

Valley Ry.— Advances

Cash

Total Assets..

Balance Sheet, December 31, 1891.

$66.700,000 00

17,300.000 00

4.291,450 04

2,218,568 81

13.540,717 99

879,118 38

621.848 26

276.605 63

4.533.847 23

$110,361,656 34

Capital Stock, Guaranteed $533.500

Capital Stock. Common 49,466.500— $50.000,000 00

Funded Debt <L. S. Jc M. S. Ry.) 44.442,000 00

! Funded Debt (D. , M. &T.RR. i 924,00000

Funded Debt (K. & W. P. RR. > 400,000 00

December Liabilities (paid in January) . . 1.225.143 39

1 Dividends. February. 1892 1,758,002 50

' Profit and Loss . . 11,612,510 45

Total Liabilities...

$110,361,656 34

758

POOR'S MANUAL — LAKE SHORE AND MICHIGAN SOUTHERN RY. CO.

Statement of stock and bonds held, and advances made toother companies, Dec. 31, 1891 :

DESCRIPTION OF SECURITIES.

Value at Par.

Ledger
Valuation.

Jamestown and Franklin RR.— Advances to December 31, 1891

$

1,231,16881
067,400 00
320,000 00
268,100 00
414,110 00
575,700 00
22,546 19
2,675,696 27

752,800 00

270,840 67
276,605 63

8,447,746 94

568,58500

22,681 75
40,00000

20,85184

Jamestown and Franklin RR. — Bonds . .

788,666

400,000
268,100

414,110

Jamestown and Franklin RR. — Capital Stock

Lake Shore and Michigan Southern Ry., 2,681 shares

Detroit, Monroe and Toledo RR., 4,140 shares stock
Merchants1 Despatch Transportation Company

Capital Advanced to Co-operative Despatch Lines ...

Pittsburgh and Lake Erie RR., 40,001 shares

Cleveland, Loram and Wheeling -] ^mol?
Pacific Hotel Co., Chicago

774,400 1
169,100 f

Valley Railway, Cleveland — Advances (interest, 6 p. c.)

i 1st Preferred

2,503,000 )
6,275,000 v
(i, 240,000)
39<),500 |
865,900 f

New York, Chicago & St. Louis Ry. -} 2d Preferred
f Common

Mahomng Coal RR. | gjJSS? ".".'.'.

Pittsburgh and Wheeling Coal Co. — Stock

Swan Creek Ry.— Toledo Belt Line— (400 shares)

Sturgis, Gosheu and St. Louis RR - Stock

1,000,000

Total, as per Ledger

16,574,833 10

Statement of funded debt (less $5,350,000 sinking fund), December 31, 1891 :

CHARACTERISTICS OF BONDS.

Miles
CoVd.

Date of

Issue.

INTEREST.

Date of

Maturity.

Amount of
Bonds.

Annual
Charge.

Rate.

Period.

Lake Shore and Michigan Southern Railway ($44,442,000 ; annual charge, $3,110,940).
Consolidated 1st Mortgage (S. F.). .
Consolidated 2d Generaf Mortgage.

Dividend (L. S. Ry.)

3d Mortgage (C. P. & A.)

Mortgage (B. & Erie)

Proprietary Roads Owned wholly by L.
1st Mortgage (D., M. & Tol.) Guar.

1st Mortgage (Kal. & W. P.) *

1st Mortgage (S., G. & St. L. RR.). .

Leased Roads, Interest paid by L. S. &
1st Mortgage (K., A. & G. Rapids) .

1st Mortgage (J. & Franklin).-

2d Mortgage (J. & Franklin)

1st Mortgage (Mahoning Coal RR.).

864 iJuly 1, 1870

7p.c.

J.,A.,J. &O. July 1, 1900

$15,070,000 $1,054,900

864 Dec. 1. 1873

7 p.c.

June & Dec.

Dec. 1, 1903

24,692,000

1,728,440

258

April 1, 1869

7 p. c.l April & Oct.

April 1, 1899

1,355,000

94,850

95 Oct. 1,' 1867
88 [April 1,1868

7p.c.jApril & Oct. Oct. 1, 1892
7 p. c.l April & Oct. April 1, 1898

569,000
2,756,000

39,830
192,920.

. S. & M. S. Ry. Go. ($1,725,000 ; annual charge, $96,710).

62

Aug. 1, 1876 7 p.c. Feb. & Aug.] Aug. 1, 1906

$924,0001 $64,680

37

Jan. 1. 1890

5 p.c.

Jan. & July Jan. 1, 1940

400,000 20,000

36 |Dec. 1, 1889

3 p.c.

June & Dec.

Dec. 1, 1989

t401,000 12,030

5 M. 8. Ry. Co. on account of Rental ($3,138,000 ; annual charge, $172,860.)

58
51

July 1, 1888
July 1, 1863

5 p . c .
7p.c.

Jan. & July
Jan. & July

July 1, 1938
Various.

$840,000
298,000

$42,000

20,860

51

Juno 1, 1869

7 p.c.

June & Dec.

June 1, 1894

500.000

&5,ooo

43

July 1, 1884

5p.c.

Jan. & July

July 1, 1934

1,500,000

75,000

* Extended 50 years from January 1, 1890, at 5 per cent.; formerly 7s. t Includes $79,000 Battle Creek and
Sturgis first mortgage bonds on road, Sturgis to Findley, Mich.

The consolidated \st mortgage bonds are both coupon and registered ; the coupons are
paid January and July, and the registered interest is paid quarterly (January, April, July, and
October). Total authorized issue, $25,000,000, of which $5,250,000 have been retired by action
of the sinking fund, which retires bonds of this class at the rate of $250,000 per year — one
per cent, of authorized amount.

Of the bonds of the Lake Shore and Michigan Southern Ry. proper, $19,750,000 are
covered by the consolidated 1st mortgage.

The Detroit, Monroe, and Toledo RR., Air-Line Junction, O., to Detroit, Mich., 62.86
miles ; the Kalamazoo and White Pigeon RR., White Pigeon to Kalamazoo, Mich., 36.57
miles ; the Northern Central Michigan RR., Jonesville to North Lansing, Mich., 61. 14 miles ;
the Detroit, and Chicago RR., from Detroit River Junction, Mich., to Fayette, ()., 67.60 miles,
and the Sturgis, Goshen and St. Louis, RR. , Findley, Mich., to Goshen, Ind., 35.81 miles, are
wholly owned by the L. S. & M. S. Ry. Co., and all their accounts are included in those of
that company.

POOR'S MANUAL— LAKE SHORE AND MLCHIGAN SOUTHERN RY. CO. 759

1. Statement of mileage and equipment for fifteen years, 1877-1891, inclusive :

RAILROAD OWNED BY COMPANY.

TOTAL TR'K OPER.

CAR STOCK.

!

Leased
Lines.

Loco-
motive
Engines

-

- Main
Line.

Br'ches

Prop.
Roads.

Total.

Steel
Rails.

Iron
Rails.

Pass.

Freight

Other

Total.

V.

V.

X.

jr.

M.

M.

M.

*>.

No.

No. \n.

No.

540.37

KM. aa

160.11 1.021.71

843. (X) 879.80

152.09

495

257

10,120 151)

10,546

1878 .'40.37

324.23 160.11 1.034.71

,002. (X) 723.7.-.

152.09

495

264

10,123 15!)

10,546

540.49

32J.38

160.07 1,024.94

,082.00 647.45

152.73

495

248

10,789

159

11,196

540.49

324.38

1(50.07 1.034.94

.125.00 616.93

152.73

494

247

13,205

159

13,611

KSl.. 540.49

324. 38 160.07 L 024. 94

,238.00

556.78

151.88

532

258

15,604 156

16,018

540.49

834.88

160.07 1.034.94

.361.49 466.29

314.60

547

287

16,937

159

17,085

540.49

324.28 11)0.07 1.034.94

.440.83

395.05

315.00

553

291

16,492

159

16.942

1884.. 540.49

324.38 160.07 1.034.94 I ',521.00 \ 318.18

315.41

553

299

16,189

168

16,656

1885.. :>40.49

884^88

160.07 1,024.'.)4

,595.36 245.05

315.41

535

301

16,466

165

16,932

IMS*!.. .-.4H.49

324.38

1(50.07

1.024.94

.•179.09

166.99

315.41

526

300

16,527

165

16,992

:>40.49

318.66

160.07 1,019.22 1 ,734.33

134.14

322.16

525

306

17,152

470

17.928

:,40.49

318.66

167.81 1,026.96 ! .847.79

3f55.0S

314.81

525

285

17,028

461

17,774

1889.. 540.49

318.66

227.67

1.086.82 .989.48

328.80

322.73

532

298

18,706 490

19,494

1S<X) 540.49

318.66

263.48 i:i22. 63 i 2^173.62 256.60

322.65

549

311

19,574 526

20,411

l.S'H 540.49 318.66

263.48

2,122.63 i 2.334.35

187.90

322.56

560

316

19,831

530

20,677

2. Abstract of General Balances. — A. ASSETS.

YEARS.

Construc-
tion,
Equip-
ment,
etc.

Proprietary
Roads.

Other
Permanent
Investm'ts.

Materials
and
Fuel.

Current
Accounts.

Advances,
and
Due by
Other
Railroads.

Cash
and
Car-h
Assets.

Total
Assets.

1877 . .

79,819,915

$
3,262000

5,083,950

887 786

$

573 386

$

1,820,424

91,450,461

1878

7'9,979.915

3.265,149

4.8S3.275

637,578

963,368

2,465,667

92,194,952

1879
1880...

79,978,000
79 978 000

3,262,600
3 262 600

6,221,473
6 126 217

756,857
973 785

367,379
967 847

2,477,134

3 410,798

93,063,443
94 719 287

1881
1882
1883 .....

.. . .
1885...
1886

1888
1889

S2.650.000
83,669,000
84,000,000
84,000,000
£4,000,000
84,000,000
84,000,000
84,000,000
84000000

3,348,600
3,348,600
2,384,600
3,348,600
3,348,600
3,348,600
2,551,484
3,624,741
4 291 244

5,960,268

12,608,117
12,826.^62
14,837,874
14,738,628
14,750.971
16,634,929
16,824.940
16 288 404

1,166,890
1,355,153
1,221,178
96(5,310
673.474
596,430
604,595
634,545
577 43'j

1,300,594
970,092
948,323
1,615,638
1,954,369
1,571,007
734,369
403,959
402 202

131,877
276,447

277,988
277,988
277,988
277,988
298,451
276,606
276 606

724,669
534,275
317,320
218.682
235;796
2,559,928
2,957,118
3,618,748
4 085 346

95,282,898
102,761,684
102,940,271
105,265,092
105,228,855
107,104,924
108,780,946
109,383,539
109 q£l 23S

1890...
1891

84,000,000
84,000,000

4.291,450
4,291,450

16,748.791
15.759,287

663,349
879,118

778,688

1,165,642

276,606

276.606

3,763,763
3,989,553

110,516,645
110,361,656

3. Abstract of General Balances. — B. LIABILITIES.

YEARS.

CAPITAL STOCK.

FUNDED DEBT.

Current
Liabil-
ities.

Divi-
dends.

Income
Balance.

Total
Liabilities.

Common .

Guaran-
teed.

L. S. &
M. S. Ry.

D. M. and
T. RR.

W. P. and
K. RR.

1877...
1878 .
1879 .'
1880.

49,466.500 533,500
49,466,500 533,500
49,466,500 533,500
49,466,500 533,500
49,466.500 533,500
4'.). 166,500! 533,500
49,466.500, 533,500
49,466,500; 533,500
49,466,500 533,500
49,466,500 533,500
49.466.500 533,500
49.466,500, 533,500
49,466,500 533,500
49,466,500 533,500
49,466,500 533,500

$ $
S5, 750,0001 924,000
a5,500,000 924,000
35,915,000 924,000
35. 665.000 924,000
36,915,000 924,000
43,192,0001 924,000
42.942,000 924,000
46,192,000 924,000
45.942.IXX) 924,000
45,692,000 924,000
45,442,000' 924,000
45.192,000: 924,000
44,942,000' 924,000
44,692,000 924,000
44,442,000 924,000

600,000
600,000
600,000
600,000
600,000
600.000
600,000
600,000
600,000
600,000
400,000
400,000
400,000
400,000
400,000

595,583
415,150
540,546
822.728
1,115,402
2,183:677
2,506,588
2.795.161
1,131,670
839,148
911,469
707,067
751,815
848,099
1,225,143

1,016,005
1,510,670
2,005.335
2,005,335
1.016,005
1,016.005
1,016,005
26.675
26,675
1,016,005
1,016,005
1,510,670
1,510,670
2.853,435
1,758,003

2,564,873
3,245,132
3,078,562
4,702,224
4,712,491
4,896,002
4,951,678
4. 547. 25* J
6.604.510
8.033,771
10,087,472
10,649,802
11,392,753
11,647,211
11,612,510

91,450,461
92,194,952
93,0*33.443
94,719,287
95,282,898
102,761.684
102,940,271
105,265,092
105,228,855
107,104,924
108,780,946
109,383,539
109,921,238
110,516,645
110,361,656

1881 ....

1882
1883

1884 ..

lHM»i

1888 ... ".""
1889
1890 . . .
1891

760 POOR'S MANUAL — LAKE SHORE AND MICHIGAN SOUTHERN RY. CO.

4. Abstract of Income Account for fifteen years, 1877-1891, inclusive:

YEARS .

RECEIPTS.

DISBURSEMENT^.

Balance
+
or

Net
Earnings.

Other

Receipts.

Total
Available
Revenue.

Interest.

Rentals.

Divi-
dends.

Rate.

Total
Payments.

Earned.

Paid.

1877...
1878...
1879...
1880...
1881...
I88i...
1888...
1884...

1886...

1887...
1888...
1889...
1890...
1891 . . .

4,541,193
5,493,165
6.336,968
8,331,356
6.692,962
7,167,832
7,511,802
5,710,062
4,845,969
6,187,888
7,681,166
6,719,256
6,639,745
6,645,279
6,798,711

$
171. 776
197,662
172,806
208,661
1,088,675
98,80!
158,540
500,000

4,712,969
5,690,827
6,509,774
8,540,017
7.781, 637
7,266,224
7,670,342
6,210,062
4,845,969
6,288,685
7,811,164
6. '.139.1 IS
7,088,287
7,144.03*
7,254,334

s

2,628,680
8,611,180
8,616,955

2,622,730
2,612,230
2,714,955
3,132,120
3,220,780
3,374,938
3,326,480
3,276,140
8,257,515
3.245,015
3,225,725
3.204.370

$
865,404

251 ,924
257, 1S9
288,956
278,925
357.0S6
471 ,877
446,450
439,1(58
443,900
449,313
517,418
507,645
564,419
587,154

S

1,042.680
2,032,010
3,268,672
4,010,670
4,010,670
4,010,670
4,010,670
2,526,675
53.350
1,042,680
2,030,010
2,526,675
2.52»5.<»7r>
3,021,340
3,021,340

3.57
5.61
7.84

11.28
8.02
8.37
8.11
4.02
1.98
4.88
8.15
6.29
6.50
6.157
6.95

8.00
4.00

6.50
8.00
8,00
8.00
8.00
5.00

"2'.66"

4.00
5.00
5.00
6.00
6.00

(>/) I.432.4ST)
(a) 5.oio.5i;,s
(«.) 6,20:1, ",11

<;,'. 11 6, 356

(b) 7.;:

7.0S2.711

7,014.667

6,193.995
3,867,456
,C) 5,355.582
5,757,488
(d) 6,876,819
6.279.336
(e) 6,889,580
(/•) 7,289,035

+ 280,483-
+ 680,259
+ 306,530
+ 1,623,661
+ 10,266
+ 183,513
4- r>:>,675
- 483,933
+ <)7rS,5l3
+ 883,003
+ 2,053,701
4- 562.329
4- 742.951
+ 254,458
- 34,701

110,752
129,99!)
219,898
3*2,542
498,759
455.IJ23

(a) Included in total payments are the following amounts, on account of Ashtabula accident, for the years
1877, 1878, and 1879, respectively : $495.722 : $77,909 ; $60.128. (ft) Including the following items : Judgments
for dividends on guaranteed stock, with interest and costs, $127,195 ; judgment Michigan taxes, $72,401 ; loco-
motive account, $137,024 ; car account, $537,924— total, $874,544. (c) Including $250,000 paid to sinking fund, and
$292,522 allotted to payment of vouchers, etc. (tf) Including $75,211 charged off in settlement of sundry accounts.
(f) Including $78.096 charged off for sundry accounts. ( f) Including $506,171, the net amounts of the items
charged and credited to profit and loss as given on page 757.

5. Train Statistics for fifteen yearn, 1877-1891 :

ENGINE SERVICE.

PASSENGER TRAIN.

Aver-

FREIGHT TRAIN.

age

Aver-

2

Miles

No. of

age

H

<!

a
H

Road
Oper-
ated.

Passen-
ger
Train.

Freight
Train.

Total
Engine
Service.

Earn-
ings
per
Mile.

Expens-
es
per
Mile.

Profit
Mile.

Pay'g
Pas-

s'gers
per
Train

Freight
Train
Load.

[Tons.]

Earnings
Mile.

Ex-
penses
per

Mile.

Profit
per
Mile.

Miles.

Miles.

Miles.

S

$

S

$

$

S

1877

1,177.6 2,363,504

5,674,685

10,752,055

.65.34

1.09.73

0.55.61

58.4

196.2

.66.99

1.10.83

0.56.16

1878

l,177.6i 2,296,194

6,470,848

11.609,370

.71.19

0.85 00

0 86.19

58.2

213.1

.55.21

1.01.50

0.53.71

1879

1,177.6 2,234.304

7,506,016

12,966,275

.72.63

0.91.00

0.81.63

63.2

237.1

.50.39 i 0.91.09

0.59.30

1880

1,177'. 6 2,549.081

7,481,489

13,586.207

.78.18

0.92.29

0.85.89

69.1

252.4

.88.16

1.07.67

0.80.49

1881

1,177.6 2,910,400

7,704,600

15,880,737

.77.34

0.99.66

0.77.68

72.9

271.1

.64.31

1.08.74

0.55.57

1882

1,274.0 3.237,427

7,269,723

15,329.390

.85.59

1.00.32

0.85.27

72.2

269.3 .65.38

1.07.43

0.57.95

1883

1,339.9 3,403,224

7,176,597

15,694,852

.70.00

0.99.05

0.70.95

63.4

245.4 1.73.90

1.06.35

0.67.55

1884

1,340.3 3,459,742

5,828,746

13,928,794

.51.25

0.87.38

0.63.87

55.1

252.7 l 1.60.56

1.04.83

0.55.73

1885

1,340.3 3,481,846

6,316,179

14,685,191

1.37.79

0.83.43

0.54.36 50.8

253.7 i 1.42.99

1.01.05

0.41.94

1886

1,340.3 3,439.066

6,134,161

14.C,7o.l27

.52.33! 0.93.30

0.59.03 55.7

259.5 1 1.68.40

1.06.34

0.62.06

1887

1,340.3! 3,371,318

6,742,811

15,812,432

.74.74

0.98.52

0.76.22

61.0

273.4

1.86.09

1.14.32

0.71.77

1888

1,341.8 3,640,797

7,150,953

16,846,684

.68.45

0.98.37

0.70.08

57.7

251.6

1.62.62

1.08.08

0.54.54

1889

1,409.6, 3,947,496

7,298,395

17,305,771

.69.49

0.98.35

0.71.14

56.4

254.7

1.71.90

1.20.56

0.51.34

1890

1,445.2 4,154,864

8,043,227

19,509,322

.60.98

1.02.63

0.58.35

54.2

268.1

1.71.06

1.20.24

0.50.82

1891

1,445.2 4,635,756

7,921,041

19,692,075

1.56.65

1.01.23 0.55.42

53.3

273.8

1 75 40

1.24.76

0.50.64

6. Passenger Statistics for fifteen years, 1877-1891 :

YEARS.

Passengers
Carried.

Average
Distance.

Passengers
One Mile.

Receipts
Pass. Mile.

Cost
Pass. Mile.

Profit
Pass. Mile.

1877

No.
2 742 295

Miles.
50

No.

13^,116,618

Cents.
2.319

Cento.

1.647

Cent*.

1878

2,746,032

49

1,33,702.021

2.287

1.276

1.012

1879

2 822 121

50

141,162,317

2.223

1.174

1.049

1880

3,313,485

53

176,148.767

2! 185

1.086

1.019

1881

3.682,006

56}

207,953.215

1.988

1.120

1882

4 118,832

56

227,098,9.58

2.157

1.166

.991

1883 ..

3,909.356

55

215,715,155

8.196

1.278

.918

1884

3 629 196

1«.K).503,S52

2.170

1.364

.916

1885

3,479,274

51

176,880,808

8.068

1.850

.808

1886

3 715 508

51 1-

191.593,135

8.088

1.301

1887

3,752.840

RB

205,761,458

1.255

1.005

1888
1889

1,051,704
4 413.592

52
50£

210.107,098
222,555.55:.

2.289
8.884

1.803

1.314

.988

.970

1890

5,019,595

45

225,265,137

8.846

1.498

.754

1891

5.809.295

42i

24<;,<U4,673

2.177

1.404

.773

POOR'S MANUAL — LAKE SHORE AND MICHIGAN SOUTHERN RY. CO. 761

7. freight Statistics for, fifteen years, 1877-1891:

'• :1 A

EA-T H'ifNi).

\VKST BOUND.

TOTAL, EAST AND WEST.

PEK C«NT.

OFFKEKiHT.

Average
Haul.

Tons.

Carried
One Mile.

Rate

Ctt.

0.678
0.593

0.747
0.592
0.642

0.73.")
u (523

0.641

0.627
D.I-,- 3
0.613
0.633

Tons.

Carried ,,ot_
One Mile. Hate

Tone.

5,518,896

8,850,336
9,164,508
9,195,588

8,023.01(3

10,020,599
11,581,266

12.019.016

Carried
One 1

Rate

West.

1885

1-S90

5 07" 371

Tons.

: 11.274.720
lKtt.021.ss;

1. 197.133. 1M7
1 179 2; 12 -211

No.

2,598,042

1,030,851
4,808,420
3391,396
3,35^468
8,681,483

4,654,737
4,149,115

4.272.141
4,746,588

5,36S.547

Ton*.

-11 0.947
315. H5.992 D.913

864,'360!287 oj;:,i

r84,867l2lOJo!718

578,540,761 n.691
64^.26.-. -
712.o20.750o.f-.36
890,309,1
813.355,S89'0.646
7M.4<9.64M 0 67S
.-I.', 0.044
IN, 7. 439.410 0.622

TOM. Cts.

-.'11 u.m;4
,821 o.731
l,7S8,423,440K).642
1,851,166,

1.S-92.X68,-,*-..'} 0.628
l|410,545,674 0!662

lJ843l785,'886K)!670

1,799.11*4.04.-, «>..;3'->

l.S->9.l»".< -

|281 '»!»;•>

p.c.

: i . 2

69.1

58.8
06 .0
59.0

59.5
50 J

51.7
54.8
57.8

55.4

„.,

42 -
4U. 1

41.0

44 7
48^3

4.-,. 2
42 . 2
41.8
44.6

805.8

191 '.5
199.1

191.7
197.7
198.4
185.5
187.0
180.4

5.133.657 1.157.415.2:31

. ".' H54.IV45.203
t.006.220 S32.004.913
4.341.610 !0>4.301.1SO
4.32S.650 880,084,016

4. -172.11:. 953.476.2-JS
12 HS5.74-U5')

:..:is.4oS KM;

33 1.234.391.054
6,650,469 1.201. 987.821

'

8. Earning*, Expenses, and JVrtf Earnings for fifteen years, 1877-1891, inclusive :

GROSS TRAFFIC EARNINGS.

AVERAGE PER MII.B OF RR.

Operating ^ f

Ex-

Expenses Traffic

penses

i EAR**.
Pas-
sengers.

Freight.

Other.

Total.

T.^V! Earning?. Gros^
Earnings.

Expenses
and
Taxes.

Net
Earnings .

to Earn-
ings.

1

$

$

S

S S

S

S

p. c.

1877. . 3.2o3.300

9,476,608

13.503.159

8.963.9W 4.541. ia3 11.4S4

7.622

3.862

66.37

BBS . -0.048,952

521

8,486.fHH 5.493.165 11.S77

7.210

60.70

1S79. . 3.133.003 '

845,138 15.271.492

8.934.524 6.3:3»J.lK>s 12.975 7,591

5.384

58.50

3. 761.1 HN 1 4.U77.294

911,159 lS.749.4Jil

10.41S.KC, S.S31.35H 15.1-2-J

55.56

1881. . 4.134.7 ^s 12,659,987

1478,615

17.971.391

11.278.429 »i.6:.»2.9r,2 1.VJ61

9.577

5,684

62.76

2,022,577

1,305,8

is. 225. 639

; 7.1'17>32 14.3ij« 8,679

60.67

l^SJ. . 4.73'l.os^ 12.4^.1.094

1.297.474 is.513.656

ll.om.S34 7.511,802 13.S17 S.211

5,606

59.48

l^M. . 4. 1:^.729

1,351,089 14.S43..-.N4

9.133.522 5.710.O52 11.075 6.S15

61.53

. 3,639,375 St.n3i.417

1.462.714 14.133.506

, 4>45.9»19 ln.545

3.616

65.71

4,080,550

10.329.625 1.509.280 15.S59.455

9.731.622 ii.127.S33 11.832

4.572

61.36

4,650,654

12,547,923

1,512,387 ls.7lo.9ti3

ll.ii2V).798 7.681.165 13. 9*13 S.231

5.732

58.95

4.SK.I.14S 11.629.174

1.59«.i.3-»5 18.029.627

11,810,871 6^719,256 13,487

8,499

5.008

62.73

2,545,810

1,858,907 1M.4S7.197

12,847,458 f..i-3'.i.;43 13.S24 9.114

4.710 65.93

.-.060. n23

13.759.123

2,046,614 20,8

14.220.4^1 6.645.279 14.437

4.598

68.15

. 5.376.509

18,893,639

2,161.239 21.431.3^7 14.632.670 6.71W.711 14.S29

: i ' I !

10.12.-,

4.7i>4

68.27

Statement of dividends paid by Lake Shore and Michigan Southern Ry. Co. :

No. Date.

Rate
p.c.

No.

Date.

Rate
p.c.

No.

\

Date.

Rate
p.c.

No.

,

Date.

Rate
p.c.

No.

Date.

Rate
p.c.

1 Aug. 1869

4

11

Feb.. 1876

•J

•Jl

May, 1881

-J

31

Nov., 1883

2

41

Aug.. 1889

2

2 F-

3 A!

4
4

12
18

Aug.. 1876
Feb., 1877

2

n

22
23

Aug., 1881
Nov.. issi

i

32
33

Feb., 1884
May, 1884

2
2

42

48

Feb., 1890
Aug.. 1890

I

4 Feb. 1S71

4

14

Feb., 1878

2

24

Feb., 1882

o

34

Aug., 1884

U

44

Feb., 1891

2i*

5 An- ]S7i

4

15

Aug., 1878

i

86

May, 1882

2

86

Nov., 1884

If

45

Aug., 1891

3

•; Y.

4

16

Feb., 1879

3

Aug.. 1.SS2

o

86

Feb., 1887

9

46

Feb., 1892

3

7 An.
- Feb. 1873

4
4

17

Aug., 1879
Feb., 1880

2*

2:

•>

N.IV..1SS-J

Feb., 1883

1
2

37
88

Aug., 1887
Feb., 1888

•J
2

9 A
1'J Feb. 1875

8|

19
20

Aug., 1880
Feb., 1881

4
4-

30

May. 1883
Aug., 1883

• >

!

31 1

I40

Aug.. 1888
Feb.. 1889

1

3

* Also 1$ per cent, extra.

Annual meeting, first Wednesday in May, at Cleveland, O. ; books close for annual meet-
ing thirty days previously; books close for dividends thirty days in advance of payment of
£atne. Stock and bonds listed on New York Stock Exchange. Dividends and coupon inter-
est paid and stock transfers at New York Office. Interest on registered bonds, registered
bonds transfers and registered stock, Union Trust Co. of Xew York.

762 POOE'S MANUAL — LAKE SHORE AND MICHIGAN SOUTHERN SYSTEM.
RAILROADS OWNED OR LEASED BY THE L. S. & MICH. SOUTHERN RY. Co.

DETROIT, HILLSDALE AND SOUTHWESTERN RAILROAD.-Ypsilanti, Mich., to
Banker's, Mich., 65.2 miles. Organized July, 1871, as Detroit, Hillsdale and Indiana RR. ; sold under foreclosure
December 28, 1874, and reorganized under the present title January 30, 1875. Road bought by 1st mortgage bond-
holders for $16,000 over the mortgage of $1,152,000. Leased in perpetuity from July 1, 1881, at a rental ($40,500)
for first two years equalling 3 per cent, on stock, and for each year thereafter equalling 4 per cent. ($54, IKK!,
Capital stock, $1,350,000. Construction and equipment, $1,340,587.04. Dividends payable January 5 and July 5,
at Farmers' Loan and Trust Co., New York. ELIJAH SMITH, President ; Prosper W. Smith, Secretary <tml
Treasurer, Boston, Mass. PRINCIPAL OFFICE AND ADDRESS, Ypsilauti, Mich.

FORT WAYNE AND JACKSON RAILROAD.-Jackson, Mich., to Fort Wayne, Ind., 97.b3
miles. Total track (steel, 46), 107.72 miles. Consolidation April 6, 1869, under the name of the Fort Wayne,
Jackson and Saginaw RR. Co., of the Jackson. Fort Wayne and Cincinnati, and the Fort Wayne, Jackson and
Saginaw RRs. Whole line was completed December 25, 1870. Default made January 1, 1874. Sold under fore-
closure December 3, 1879, for account of bondholders, and reorganized under present name January 1 1880.
Under the reorganization, 1st mortgage bondholders received 8 per cent, preferred stock for their bonds and
accrued interest ; and the 2d mortgage bondholders, common stock for their bonds and accrued interest. The first
dividend on the preferred stock (2 per cent.) was made payable March 25, 1880. Leased in perpetuity Septemberr
1882, to the Lake Shore and Michigan Southern Ry. Co., the latter to pay as rental 5£ per cent, per annum on pre-
ferred stock, and in case the net earnings of the road shall in any year after five years exceed 8 per cent, on pre-
ferred stock, pay a further sum of 2 per cent, on common stock. Capital stock (preferred, $2,287,832.09 ; com-
mon, $431,747.44), $2.719,579.53 ; accounts and liabilities, $49,661.98 ; profit and loss, $7,042.18— total, $2,776,283.69.
Contra: Cost of road and equipment, $2,719,579.53 ; materials, etc., $3,839.25 ; sundry accounts, $28.598.58 ; cash
on hand, $24,266.33. SAMUEL SLOAN, President ; R. G. Rolston, Secretary and Treasurer, New York City.

JAMESTOWN AND FRANKLIN RAILROAD.-Jamestown, Pa., to Oil City, Pa., 50.91 miles ;
branch, Stoneboro' to Coal Mines, 2.53 miles— total, 53.44 miles. Sidings, 18.28 miles. Rail (steel, 53.44 miles),
60 Ibs. Chartered April 5, 1862. Road completed and opened June 24, 1867. On March 21, 1864, the road (then
under construction) was leased to the Cleveland, Painesville and Ashtabula (now Lake Shore and Michigan
Southern) Ry. Co. for twenty years, at a rental equivalent to 40 per cent, of gross earnings. In January, 1885, a
new lease to endure for five years was entered into, the rental to be 30 per cent, of gross earnings ; lease further
extended from January 1, 1890, for five years at the same rental. Rental, year ending December 31, 1891, $50.-
280.12 ; other receipts, $127.05— total, $50,407.17. Expenses, $1,679.97. Net income. $48,727.20. Paid interest on
bonds, $47,285. Surplus, $1,442.20. Capital stock, $601,200 ; payments on stock, $6,043 ; funded debt (1st mort-
gage 7 per cent, bonds, due at various dates until Januaiy 1, 1897, interest payable January and July, $298,000 ; 2d
mortgage 7 per cent, bonds, due January 1, 1894, interest payable June and December, $500,000), $798,000 ; float-
ing debt due lessee, $1,221,603 55— total liabilities, $£,626,846.55. Contra: Cost of road, $2,553,664.82; other
investments, $42,874.38 ; other assets, $72.20— total assets, $2,596,611.40. Bond interest payable in New York and
Cleveland. RASSELAS BROWN, President, Warren, Pa. : Robert P. Casn, Treasurer j J. C. Cornwell, Secretary^
Stoneboro', Pa. GENERAL AND TRANSFER OFFICE, Stoneboro', Pa.

KALAMAZOO, ALLEGAN AND GRAND RAPIDS RAILROAD. -Kalamazoo, Mich.,
to Grand Rapids, Mich., 58.42 miles. Sidings, 10.30. Gauge, 4 ft. Si in. Rail (steel, 53 miles), 65 Ibs. Chartered
June 3, 1868 ; road opened March 1, 1869. Leased September 21, 1869, to the Lake Shore and Michigan Southern
Ry. Co. for 999 years ar, an annual rental of $78,600, being 6 per cent, on $610,000 capital stock and 5 per cent, on
$840,000 1st mortgage 50-year bonds, dated July 1, 1888. interest payable January and July at lessee's office, 47
Grand Central Depot, New York, N. Y. Dividends payable April and October, at Cleveland, O. Annual meeting,
first Wednesday in May. J. H. WADE, JR., President ; W. S. Jones, Treasurer ; C. P. Leland, Secretary, Cleve-
land, O. GENERAL OFFICE, Cleveland, O.

MAHONING COAL RAILROAD.— Andover to Youngstown, O., 41.89 ; Doughton to Sharon, Pa.r
8.31— total, 50.20 miles. Sidings, 16.91 miles. Rail (steel, 61.92 miles), 65 Ibs. Chartered February 18, 1871 ;
road opened in June, 1873. Leased in perpetuity, July 1, 1884, to L. S. & M. S. Ry. Co. Rental 40 per cent, of
gross earnings. Rental, year ending December 31. 1891. $203,216.16 ; other receipts, $46.44— total income, $203,-
262.60. Expenses and taxes, $1,805. Net income. $201,457.60. Paid interest on bonds, $75,000: dividends on
stock, $115,592.50— total, $190.592.50. Balance, surplus, $10,865.10. Financial Statement, December 31, 1891.—
Capital stock, common, $1,500,000 ; preferred, $661,850 ; funded debt, 1st mortgage 5 per cent. 50-year coupon
bonds, due July 1, 1934. $1,500,000 ; profit and loss, $59,521. 32- total, $3,721,371.32. Contra: Cost of road and
equipment, $3,712,027.27 ; cash and cash items. $9,344.05— total, $3.721.371.32. Dividends of 5 per cent, per annum
on preferred stock, and interest on bonds guaranteed by lessee. D. P. EELLS, President ; C. P. Leland, Secretary
a.nd Treasurer, Cleveland, O. GENERAL OFFICE, Cleveland, O. Transfer Office, Grand Central Station, New
York City.

OBERLIN AND LA GRANGE RAILROAD.— Oberlin, O., to Nickel Plate. O.. 4.5 miles. Sid-
ings, 0.50 mile. Gauge, 4 ft. 8| in. Rail (steel), 50 Ibs. Chartered October 20, 1883 ; road opened April 12, 1884.
Operated under contract since "March 29, 1884, by the Lake Shore and Michigan Southern Ry. Co. Rental, year
ending June 30, 1891, $2,735. Expenses and taxes, $1,361.20. Net income, $1,374.80. Paid interest on mortgage,
$723. Surplus, $654.80. Capital stock, $25,000 ; 6 per cent. 10-year mortgage, due 1894, interest payable January
and July, $12,000— total, $37,000. Contra: Cost of road, etc., $26,986.67. Interest payable at Cleveland. O.
J. M. WORTHINGTON, President and General Manager ; George H. Worthington, Secretary and Treasurer. Cleve-
land, O. PRINCIPAL OFFICE, Cleveland, O.

Board of Directors, L. S. & M. S. Ry. Co., elected May 4, 1892.

WM. K. VANDERBILT, Chairman of the Board New York, N. Y.

Wm. K. Vanderbilt New York, N. Y. Edwin D.Worcester. New York, N.Y. H. McK. Twombly..Nc-w York, N.Y.

Cornelius Vanderbilt li " Samuel F. Barger. .. •' kl Charles M. Reed Erie, Pa.

Fred'k W. Vanderbilt " " John E. Burrill " " James H. Keed Pittsburgh. Pa.

John Newell Cleveland, O. Darius O. Mills " i Rasselas Brown Warren, Pa.

John De Koven Chicago, 111.

JOHN NEWELL, President and General Manager Cleveland, 0.

E. D. Worcester, Vice- President, Secretary, and Treasurer. New York, N. Y.

Asst. Treasurer- Dwight W. Pardee. .New York, N. Y. | Auditor— Cyrus P. Leland Cleveland, O-

Local Treasurer and Assistant Secretary-^. Bartlett Cleveland, O.

PRINCIPAL OFFICE AND ADDHESS Cleveland, 0.

New York Office. . Kooin 47, Grand Central Station.

POOR'S MANUAL OF RAILROADS. 763

LOUISVILLE, NEW ALBANY AND CHICAGO RAILWAY COMPANY.

(For map of this system, see page 765.)

( New Albany. Ind., to Michigan City. Ind. . ..289.40
Main Lines of Koad : -j gtate Line t'Q Ma<g Ave indianapolis. Ind. .162.00— 451.40 miles.

Bedford and Bl^m-fldd Division : Bedford, Ind., to Switz City, Ind 42.86 miles.

Oi'h<i-n*, \\'t'*t Hml?n and French Li<-k Springs Ry. : Orleans to French Lick

Springs, Ind 17.70 miles.

(Chicago & Western Indiana RR. : Ind.State Line to Chicago.19.86

T i . J Lakt Eric ct- West< m Ry. : Mass. Ave. to Union Depot in Indpls. 1. 76

ge :x> Pittsburgh, Cincinnati, Chicago & St. Louis Ry. : New Albany,

Ind., to Louisville, Ky., 4.99 26.61 miles.

Total length of main lines and branches, December 31, 1891 538.57 miles.

Sidings, etc. (owned), 104.56 miles. Gauges, 4 ft. 8£ in. and 3 ft. Rail (steel, owned, 419.7
miles), 52, 56, 60, and 67 Ibs.

History. — The following is a complete history of this company :

The company which built the first portion of the present Louisville. New Albany and Chicago Ry. wae the
New Albany and Salem RR. Co.. chartered July 8, 1847, to build a railroad between the points named in its title,
a distance of 35 miles. Work was begun in 1849, and the road completed and opened for traffic January 13, 1850.
The Legislature, in 1848 and the two succeeding years, by amendments to the charter, empowered the company
to extend its road to any place within the State that it might select, and under the authority thus received work
was begun on the extension to Michigan City in the fall of 1850. It was completed and opened for traffic July 4T
1854. The section from Crawfordsville to Lafayette was bnilt by the Crawfordsville and Wabash RR. Co., com-
pleted in 1852. and was purchased by the New Albany and Salem RR. Co. Originally the line for 45 miles out
from New Albany was laid with a heaVy strap rail, bur it was replaced with T-raii in 1855 and 1856.

Default was made on bond interest in 1857, and in August of that year application was made for the appoint-
ment of a receiver, but it was refused. The name of the company was changed to Louisville. New Albany and
Chicago RR. Co. on October 24, 1859. A receiver was appointed in September. 1S68. and in June, 1869, the com-
pany was reorganized. Default was again made in 1871, and on December 27. 1872, the road was sold under fore-
closure and purchased for account of the first mortgage bondholders, who organized a new company January 2,
1873. under the present corporate title.

On May 5. 1881, a consolidation was effected between the Louisville, New Albany and Chicago and the
Chicago and Indianapolis Air-Line Ry. Cos.. rhe consolidated company retaining the name of the former. In the
consolidation §3.450,000 stock was issued to stockholders of the Louisville, New Albany and Chicago, being dollar
for dollar for the 33.000,000 old stock, and a bonus of 15 per cent, to equalize values, and $1.550,000 to stockholders
of the Chicago and Indianapolis Air-Line Ry. Co.. a total consolidation stock issue of $5,000,000. There were also
issued §2.300,000 6 per cent, bonds on the Chicago and Indianapolis Division, to provide means for extending that
road to Chicago and to Indianapolis.

The Chicago and Indianapolis Air-Line T?y. Co. was successor, after foreclosure sale in 1880. to the Indian-
apolis, Delphi and Chicago RR. Co., which was organized September 3, 1872. to build a narrow-gauge railroad
from Indianapolis to Chicago, and which completed 40 miles, from Ren.sselaer to Delphi, opening it September
4. 1879. The air-line company extended the road from Rensselaer to Dyer, 43 miles, prior to its consolidation with
the Louisville. New Albany and Chicago Ry. Co.

Immediately after the consolidation the company began the work of broadening to the standard the gauge of
the completed portion of the Air Line division and of extending it to Chicago and Indianapolis. On January 9.
1882. the northern extension was completed to a junction near Hammond with the Chicago and Atlantic. H miles
of whose track was used to give connection with the Chicago and Western Indiana, over which trains were run
from Hammond into Chicngo. Work had also been pushing forward on the extension from Delphi south, and it
was completed to Rowland's Junction, a point about four miles north of Indianapolis, in October. 1882. There
was some delay in opening the road, the first train, and that only a local, not running into Indiacapolis before
March «4, 1883. and the first through train not before May. The tracks of the Lake Erie and Western were used
from Rowland's to Indianapolis. Early in 1884 the use of the Chicago and Atlantic was discontinued, the com-
pany having extended its line U miles near Hammond, forming a direct connection with the Chicago and West-
ern Indiana.

In 1881 the company purchased depot grounds in Louisville. Ky.. and in 1882 it contracted with the Penn-
sylvania Co., operating the Jeffersonville. Madison and Indianapolis, for the use of the tracks of the latter between
New Albany and the Louisville Bridge, and with the Louisville Bridge and Depot Co. for the use of the bridge
and tracks of that company to reach the depot in Louisville. Under date of October 2, 1883, tne directors, igno'r-
ing the contract with the Louisville Bridge Company, and without consulting the stockholders, made a like con-
tract with the Kentucky and Indiana Bridge Company for the use of that company's bridge for 99 years from com-
pletion of same, at a yearly rental of $55.000. This contract was rejected at the annual meeting in 1884. but in
July, 1889. without the approval of the stockholders, another agreement was signed with the K. & I. Bridge Co.,
and immediately thereafter the executive officers discontinued the use of the Louisville Bridge, sending all their
trains into Louisville over the Kentucky and Indiana Bridge, thereby subjecting the company to charges for the
use of both bridges. This action of the directors produced the most unfriendly relations with the Pennsyl-
vania and the Louisville and Nashville, the latter carrvincr its enmity so far as to" refuse to interchange traffic
with this road.

Under date of May 1, 1889. the directors took a 30-year lease of the Louisville Southern RR., from Louisville
to Bnrgin. Ky.. 83 miles, and that lease was ratified by the stockholders of both companies. Another contract
made with the same company. October 19, 1889, for the lease of the Lexington Extension for 30 years, from Janu-
ary 1. 1890. was entered into without the consent of the stockholders, as was also one made October 9. 1889. with
the Ohio Valley Improvement and Contract Co. (a construction company having the contract to build the Rich-
mond, Nicholasville. Irvine and Beattyville RR. from Versailles to Beattyville, Ky.. 94 miles . by which the
directors agreed to guarantee principal and interest of $2.300,000 bonds to be issued upon the Beattyville Road, in
consideration of which they were to receive three-fourths of the stock of the Richmond. Nicholasville, Irvine and
Beattyville RR. Company.

On March 12. 1890. the board of directors resigned and a new management was installed. One of the first
acts was to repudiate the contract with the Kentucky and Indiana Bridge, the guarantee of the bonds of the
Beattyville road, and the lease of the Lexington Extension. At the same time a committee was appointed to go

764

POOR S MANUAL — LOUISVILLE, NEW ALBANY AND CHICAGO BY. CO.

over the main line of the Louisville Southern road and report upon its condition, and the result of this examina-
tion was that the construction company was called upon to put the road m as good condition as the contract called
for or reduce the rental, the only other alternative beinsr the cancellation of the lease. While the negotiations
with regard to these questions were pen. ling tin- Louisville Southern RR. Co., on March 27, 1890, took possession
of its railroad, both main line and Lexington Extension, and obtained from a court of the State of Kentucky an
injunction restraining this company from disturbing it in the possession and operation of its property.

A suit was brought by the company against the Louisville Southern for breach of contract in forcibly taking
possession of its property without the year's notice required by the terms of the lease, and one against the pre-
ceding management and the Ohio Valley Company to restrain them from issuing $1,185,000 bonds of the Beatty-
ville road, upon which the guarantee of the company had been placed. Another' suit was brought to annul the
repudiation contract of July 19, 1889, with the Kentucky and Indiana Bridge Company. In all three suits the
decisions were in favor of the Louisville, New Albany and Chicago Ry. Co. The contract was declared illegal, as
were also the guarantee of the Beattyvllle bonds and the lease of the Lexington Extension, and the Louisville
Southern was put under a bond in the sum of $200.000, for the purpose of indemifying this company for any
damages it might have sustained by reason of the seizure.

In April, 1891, a syndicate composed of New York capitalists and others, after hearing the report of a com-
mittee appointed to go over the road and examine into its condition and prospects, agreed to advance $1,960,000
to take up the floating debt, etc., receiving in return the $2,800,000 general mortgage bonds referred to below, and
$1,400,000 new stock; upon the condition of this agreement a new management was elected and all litigations
discontinued.

Bonded Debt.— In the reorganization of January 2, 1872, the old stock was entirely wiped out, and there were
issued to the purchasing bondholders $3.000.000 new stock in lieu of the bonds they had surrendered. There were
no bonds issued till 1880, when the $3.000,000 first mortgage, main line, 6 per cent. 30-year bonds of July 1, 1910,
were issued, and sold to the stockholders for 20 per cent, of their face value, the proceeds being expended on
repairs to the road and rolling stock.

By the consolidation of May 5. 1881, as stated elsewhere, the share capital was increased to $5,000,000, and
the bonded debt by the issue of $2,300.000 first mortgage 6 per cent, bonds, secured on the Chicago and Indian-
apolis Division. Of the latter, $1,850,000 were issued to the contractors who had built the completed portion of
that division, and $450,000 were sold and the proceeds applied toward completing the extensions to Hammond and
to Rowland's Junction and procuring equipment for the new line. To provide means for completing the Air
Line Division, paying off the floating debt, purchasing new equipment, and for other purposes, provision was
made in 1883 for an issue of second mortgage 6 per cent, bonds to the amount of $1,000,000 secured on the whole
road, and to run for five years, from February 1, 1883 ; and $855,000 of them were issued forthwith, the remaining
$145,000 being held in the treasury till 1886, when they also were issued.

A general mortgage to secure $3,000,000 6 per cent. 30-year bonds, due April 1, 1914, was executed in 1884,
and $2,000,000 wrere issued, the balance being deposited in trust to be exchanged for the second mortgage bonds,
but those bonds were recalled in 1886 and cancelled, and a new consolidated mortgage placed upon the market.
The authorized issue of consols was placed at $10,000,000, of which $8,300,000 were reserved for the prior mort-
gages. The second mortgage bonds were paid off in 1888, and the great majority of the holders of them availed
themselves of that provision of the consolidated mortgage allowing them to exchange their holdings for new
consols.

In May, 1890, the company authorized an issue of $12,800,000 general mortgage 5 per cent. 50-year $1,000
gold bonds, due May 1, 1940, of which $10,000,000 are reserved to be issued only in exchange for old bonds, and
the balance to be applied to payment of floating debt and to other purposes of the company. The $2,800,000
bonds to be issued for the purpose stated above were held in the treasury till April, 1891, when they were issued
to the syndicate which secured control of the property.

The subjoined statement shows the various changes in the bonded debt of the company from 1880 to the
close of the last fiscal year. The new general mortgage bonds of course do not appear in it, as they were in the
treasury of the company for three months after the date to which the statement is brought down. The capital
account now (May 1. 1892), shows a stock issue of $9,600,000, and $2.800.000 general mortgage bonds in addi-
tion to those shown in the statement below, the total of stock and bonds being :

1880

1881

1882

1883

1884

1885

1886 1887

1888

1889

1890

Capital Stock
Bonds, 1st Mt-e. 6s
of July 1, 1880-
1910-Maln Line
lstMti?e. 68 of Ant?.
1,1831-1911— Chic.

$

3,000,000
3,000,000

s

5,000,000
3,000,000
2 300 000

$

5,000,000
3,000,000
2 300 000

$

5,000,000
3,00»,000
2 300 000

$

5,000000
3,000,000
2.300,000

$

5,000,000
3,000,000
2,300,000

$ $

5,000,000 5,000,000
3,000,000 3 000,000
2 300,000 2,300,000

s

5,000,000
3,000,000
2,300,000

$

5,000,000
3,000.000
2300,000

$

5,000,000 •
3000,000
2.300,000

•2d Mtge. 6s of Feb.
l,1883->88 -Whole

1 000 000 1 000 000

Consol. Mtpe. 6 p c.
ol Apr 1 1886 1916

2,520 000 3,600,000

4,700,000

4,700,000

4 700,000

Oen.Mtg. Ksof Apr.

500 000

2 000 000

Total St'k & B'ds.

6,000,000

10,300,000

10,300,000

11.165,000

11,655,000

13,156,000

13.8JO,000 14900,000

15000,000

15.000,000

W.000,000

The following is an official circular addressed to the stockholders under date of Novem-
ber 30, 1891 :

" The stockholders of this company, at a meeting held November 9th instant, authorized the issue of $5,600,-
030 additional siock, making the total share capital of the company, $12,000,000. and left with the directors the
determination of the details of issue and sale and the disposition of the proceeds.

"It has been determined to sell at present $3,200.000 of the stock, being fifty per cent, increase on the
amount now outstanding, and this amount is hereby offered for sale to stockholders of record on the l.'.r'n
December at the price of twenty-five dollars per share. Each shareholder will be entitled to purchase one-half
of his present holding and all applications must be filed with the company at its office, 80 Broadway, on or befo
December 31 Payment for the same must be made on or before January 15, 1892. The books of the company
will remain closed from December 15 to December 31, for the purposes of this issue. Rights may be assigned by
stockholders of record on blanks to be obtained at the office of the company.

" In sending this notice to the stockholders, the directors of the company think the occasion a proper one to

766 POOR'S MANUAL — LOUISVILLE, NEW ALBANY AND CHICAGO RY. co.

indicate in general terms the purposes to which the proceeds of the stock will be devoted and the benefits which
they have reason to believe will accrue to the company by the expenditure contemplated.

" The shareholders are aware that at the time the present management took control, the treasury of the com-
pany had been stripped of all its assets for the purpose of paying the large floating debt which existed and which
threatened the solvency of the company. The management has been hampered by the entire absence of any capi-
tal at their disposal, in providing facilities to accommodate the traffic which has pressed upon the company but
the recent action of the stockholders has removed this difficulty, and will enable ample provision to be made
from time to time.

" The revenues of the company are at present slightly in excess of the amount of the interest on its bonds
and other fixed charges, so that, any increase of business will accrue to the benefit of the stockholders.

" Your railway is a line of communication from Chicago to Louisville, and constitutes a main avenue for
interchange between the great West and the South. It forms also, with the Cincinnati, Hamilton and Dayton, a
direct and favorite passenger and freight route to Indianapolis and Cincinnati. The Michigan City Division gives
access to a convenient harbor on the Lake.

" The growth of traffic to all these important localities has been constant and shows evidence of permanent and
steady increase,' but the competition which exists demands that the facilities of your company should be main-
tained at a standard equal to any of its rivals. You have in the quarry interests located on your own line an inex-
haustible supply of very desirable freight. Many of these are at present reached over the Hue of an old narrow gauge,
part of which should be at once converted to standard and with a rail capable of bearing the present heavy equip-
ment. Your depot facilities in Chicago and Louisville are unequal to the rapid unloading of the cars destined to
those points, and it is essential that some space should be secured where tracks may be put in and teams loaded
from the cars. This simple provision will vastly expedite the use of your equipment and enable a much greater
service to be obtained from what you already have. Some addition should be at once made both to the company's
freight cars and to its passenger coaches. The Indianapolis Division should be laid with a heavy steel rail capable
of enduring safely the fast passenger travel, and the existing steel rail upon that division may be advantageously
used in replacing the iron rail which now exists upon the Michigan City Division. Parts of your track should be
ballasted and some of your wooden bridges replaced with metal.

•• Each of the above suggested improvements is comparatively small in cost, but the benefit which your traf-
fic will derive will be most important, both by an increase of its gross amount and still more by the saving in
expense which the improved plant will enable. Your general manager, Mr. McDoel, has ventured the estimate
that your net earnings will be increased $250,000 in the year 1893 if he can be furnished with adequate equipment
to accommodate the business offering and with facilities for unloading the same at its destination.

" This estimate seems a large one to be gained by so modest an expenditure as is contemplated, but the con-
ditions of your road are peculiar and the directors are prepared to accept as well founded the estimates of rhe
general manager above given. The earnings of your road have increased during the present calendar year, $250,-
000 even under the difficulties which surround its conduct, and if the further increase hoped for should ensue, it
will be the policy of the Board to divide among the shareholders any surplus earnings which the operations of
the company may warrant. The Board believes that it is the duty of directors to assist so far as they can not
only the development of the intrinsic values represented by the shares, but also to assist the permanent market
values of the stock if possible, and should the earnings of the company justify a division of its profits among
stockholders in the future, the directors will present to the shareholders a proposal for classification of the stock
into preferred and common for the purposes of such division, giving thereby to every stockholder a portion of his
holding in a preferred stock which shall at once be a safe investment security, and leaving him still the majority
of his holding in common stock which shall carry control of the property.

" It is with some hesitation that the directors venture to present the hypothetical conditions above outlined,
but under the peculiar circumstances by which they have received the support of the stockholders and in view of
the heavy sacrifices to which the shareholders have submitted in the past, the Board thinks that a frank statement
is proper as to their policy in the conduct of the property entrusted to them and as to the ends which they desire
to accomplish.

" Should the future have in reserve such development as the general manager expects, the shareholders may
rely upon the wish of the directors to give them all benefits to accrue therefrom.

" Meanwhile the situation.of the company justifies the confident belief that the menace has been removed
which so long theatened its finances, namely, that in the absence of capital for improvements, the revenues
applicable to payment of fixed charges might become compromised. Responsible parties are prepared to take all
of the present offering of stock which the shareholders may not avail of, and the capital thus available will be
applied to the purposes above outlined, whilst $-2,400,000 stock will remain in the treasury of the company avail-
able for any requirements in the future."

On March 9, 1892, the closing of the fiscal year was changed from December 31 to June
30, to agree with the period for which reports are required by the Interstate Commerce Com-
mission ; the next annual report will, therefore, be for the year ending June 30, 1892.

Rolling Stock, December 31, 1891.— Locomotive engines, 95. Cars — passenger, !
combination, 7; baggage, mail, and express, 12 ; freight (coal, 959 ; box, 1,733 ; stock, 78 ;
flat, 888; furniture, 25; refrigerator, 47 ; caboose, 87), 3,767; work, 10 — total, 3,834. In
addition to this equipment there are the following Line cars not owned, but bearing com-
pany's initials : 85 coal, 889 box, 7 flat, and 190 refrigerator cars.

Operations for six months ending December 31, 1891. — Train mileage, passenger and
freight statistics not reported. Earnings— passenger, $384,248.26 ; freight, $1,068,379.70 ;
mail, $37,664.52; express, $55,931.76; other, $22,443.39. Operating expenses— transpor-
tation, $586,678.09 ; maintenance of equipment, $134,083.87; of way and buildings, $223,-
584.52; general, $108,429.04; taxes, $42,794.02— total, $1,095,569.54. Net earnings, $473,-
098.09. Payments : Interest on bonds (1st mortgage, $90,000 ; 1st mtge. (\ & I. Div.,
$69,000; consols, $141,000; general mtge., $70,000), $370,000; interest and discount, $14,-
403.58 ; rentals (C. & W. I. RR., $46,246.19 ; Ind. Union, $6/207.26 ; L. E. & W. Ry., $6,891.
27; C., C. C. & St. L. Ry., $1,366.68; P., C. C. & St. L. Ry., $2,457.53; L. & N. RR.,
$1,036.70), $64,205.63— total, $448,609.21. Balance, surplus for six months, $24,488.88.

POOR'S MANUAL — LOUISVILLE, NEW ALBANY AND CHICAGO RY. CO.

767

red Balanr, Sheet

Cost of Road and Equipment $18.288, 313 3?

Investments 922,937 19

Due from Agents and Conductors 117,254 28

Due from Other Cos., Individuals, etc 260,317 93

Indianapolis Terminal Fuiid 89.17.r> 00

Materials on Hand 118,600 60 :

Cash on Hand 39.783 10 |

Chicago & W. Ind. Sinking Fund 87,216 29 '

Cars held by Car Trust Co 125,425 00 i

Ohio Falls Car Trust 18,021 76

Bills Receivable 6,200 00

Profit and Loss. . . 348,901 60

, December 31, 1891.

Capital Stock (par, $100)

Funded Debt Out standing

Audited Vouchers

Audited Pay Rolls

Due to Companies and Others

Bills Payable

Indianapolis Terminal, Loan Account.
Interest Accrued on Fnndi-d Debt . .

$6,400,000 00

12,800,000 00

309,438 76

169.797 38

64,337 50

358,689 15

168,750 00

151,333 33

Total Assets $20,422,346 12

Total Liabilities...

.$20,422,346 12

Funded debt ($12,800,000) consisted, December 31, 1891, of—

1st mortgage (main line) 6 per cent. 30-year gold bonds, due July 1, 1910, interest January and July $3.000.000

1st mortgage <C. & I. Div.) 6 per cent. 30-year gold bonds, due August 1, 1911, interest Feb. and Aug. . . 2,300,000

Consol. mortgage 6 per cent. 30-year gold bonds, due April 1, 1916, interest April and October 4,700,000

Gm. mtge. 5 per cent. 50-year gold bonds, due May 1, 1940, interest May and [November 2,800.000

Bonds of all classes are of $1,000 each, and coupon with provision for registration of
principal. The total amount of bonds authorized to be issued under the consolidated mort-
gage is $10,000,000, of which $5,300,000 are deposited with the Farmers' Loan and Trust Co.
to meet prior liens. The bonds of this issue are secured by a mortgage of all the railroad
and property of the company, subject to prior liens, made to the Farmers' Loan and Trust
Co. and John H. Barker, trustees, and are further secured by a deposit with the Farmers'
Loan and Trust Co. of $1,000,000 of stock in the Chicago and Western Indiana RR. Co.,
$240,000 of stock in the Belt Ry. Co. of Chicago, and the entire capital stocks of the Bedford
and Bloomfield RR. Co. (amounting to $200,000) and the Orleans, West Baden and French
Lick Springs Ry. Co. (amounting to $300,000).

The general mortgage bonds were authorized at a meeting of the stockholders, March 22,
1890. They are for $1.000 each, coupon, with privilege of registration, and are secured by
mortgage of the entire line and corporate property, including the Chicago terminals. Author-
ized in issue to $25,000 per mile of main track for the purpose of retiring the prior lien bonds
($10,000,000) and providing additional equipment, etc.

On November 9, 1891, it was voted to authorize an increase of the stock by $5,600,000 to
$12,000,000 and $3,200,000 was sold to stockholders of record on December 15 at the rate of
$25 per share. This increase was to provide means for the purchase of new equipment and
other improvements to the property.

Comparative statement, earnings, etc., for six years, 1885 to 1890 :

1885

1886

1887

1888

1889

1890

Gross Earnings

1,680.454 61
1.332,035 90
348,418 71
217.951 25
369,300 90
55.338 95
90,00000
79.27 p. c.

o.asi c.

2.127 c.

1,919.189 53
1,278,527 73
640,66180
223,86943
461,53859
- 18.904 76
90,00000
66.62 p. c.
0.821 c.
1.981 c.

9

2,295,623 82
1,489,698 49
805,925 33
228,641 06
537,591 78
12.22272
:>5.000 00
64.89 p. c.
0.804 c.
2.04 c.

2,292.782 40
1,424,676 93
868,10547
245.715 86
581,774 71
36,742 60

2.495,823 23
1,544,11315
951,71008
229,007 86
573,964 68
47,337 80

2,630,13211
1,630,87868
999,253 43
212.373 71
592,675 00
59.106 14

Operating Expenses
Net Earning*

Taxes. Insurance, and Kentals
Interest on Funded Debr

Interest, Premium, and Exchange...
Int. and Sink. Fund Car Trust Bds..
Expenses to Earnings
Aver. Earnings per Ton per Mile
Aver. Earnings per Pass, per Mile. . .

62.14 p. c.
0.858 c.
1.936 c.

i

61 .87 p. c.
0.903 c.
2.187 c.

62.00 p. c.
0.882 c.
2.213 c.

Annual meeting, second Wednesday in September. Stock and bends listed on New York
Stock Exchange. Interest payable at Chase National Bank, New York.

RAILROADS OWNED OR OPERATED BY THE LOUISVILLE, NEW ALBANY & CHICAGO RY. Co.

BEDFORD AND BLOOMFIELD RAILROAD.-Bedford to Switz City, Ind., 42.86 miles
Gauge, 3 ft. Organized as Bedford. Springfield. Owensburgh and Bloomfield RR. Co. in 1874, and road opened in
August. 1876. Reorganized under present title. Mrirch 12. 1883. On the 1st of April. 1886, the entire capital stock
was purchased for $200,000 by the Louisville, New Albany and Chicago Ry. Co., and the road is now operated in

768 POOR'S MANUAL OF RAILROADS.

connection with that company's line. Earnings and expenses included in statement of L., N. A. & C. Tty. Co.
Rolling stock — locomotive engines, 5. Cars — passenger, 1 ; combination, 2 ; freight (box, 14 ; stock. 4 : platform*
45 ; coal, 29 ; eaboose, 2), 94 ; work, 2— total cars, 9'.). Capital stock, nil owned by Louisville, New Albany and
Chicago Ry. Co.. $000,000. This road Jias no debt, and its entire ^tock is deposited as security for the Louis-
ville, New Albany and Chicago consolidated mortgage.

ORLEANS, WEST BADEN AND FRENCH LICK SPRINGS RAILWAY.-- Orleans to
French Lick Springs, Ind., 17.7 miles. The Orleans, Paoli and Jasper Ry. Co. was organized in .Inly. 1885, to
build a road from Orleans to Jasper, Ind., 41 miles. The company received local aid to the amount of $17,640.
Purchased by the Louisville, New Albany and Chicago Ry. Co., March 1,1886, and name changed to Orleans,
West Baden "and French Lick Springs Ry. Co. The road was completed to French Lick Springs about April 1,
1887, but practicallv commenced business in August. Earnings and expenses included in statement, of L., N. A.
& C. Ry. Co. Cost to December 31, 1890, $300,000. The road has no debt, and its entire stock is deposited a^
security for the L., N. A. & C. consolidated mortgage.

Board of Directors, L., N. A. & C. Ry. Co., elected March 30, 1891.

Samuel Thomas. . .New York, N. Y. | JamesE. Granniss.. New York, N. Y.

E. D. Hawkins.... New York. N. Y-

John Greenough.. | F. K. Sturgis . G. P.. Shaw Chicago, 111.

Calvin S. Brice.... " j C. Weidenfeld . " I John B. Hughes

Frank R.Lawrence " I Herman 11. Campbell.. Boston, Mass. | E. K. Sibley New York. N. Y.

SAMUEL THOMAS, President New York, N. Y.

• John Greenough, Vice- President New York , N. Y.

Secretary & Treasurer— W. II. Lewis Chicago, 111. I Auditor— Jos. II. Craig Chicago, 111.

Asst. Sec. & Asst. Treas.—Snu. A. Hilton . .New York, N. Y. | General Manai/cr— W. II. McDoel

PRINCIPAL OFFICE AND ADDRESS Monon Block, Chicago, 111.

New York Office and Transfer Agency 80 Broadway, New York, N. Y.

LOUISVILLE, NEW ORLEANS AND TEXAS RAILWAY COMPANY.

Main Line of Road. — Memphis, Tenn., to New Orleans, La 456.18 miles.

West Side Division : Lulu to Trotters Point 10.05

Lamont Branch : Coahoma to Lamont 75.41

Riverside Junction Branch : Wilczinski to Riverside Junction 42.50

Glen Allen Branch : Hampton to Glen Allen ' 2.00

Bayou Sara Branch : Slaughter to Bayou Sara 16.44

Woodville Branch : Bayou Sara to Woodville 25.10

Huntington Branch : Leland, Miss., to Humington, Miss 23.00 — 194.50 miles.

East Side Division : Clarksdale to Minter City. . : 39.58

Ethel Branch : Clinton to Ethel '. 8.62— 48.20 miles.

Natchez, Jack. & Col. Division : Harrison to Natchez 28.20

Harriston to Jackson (Narrow Gauge) 70.70— 98.90 miles.

Total length of lines owned and operated June 30, 1891 797.78 miles.

Average length of lines operated during the year 790.13 miles.

Sidings, etc., 122.78 miles. Gauges, 4 ft. 8£ in. and 3 ft. 6 in. Kail (steel), 56 Ibs.

History. — Formed by consolidation, August 12, 1884, of certain companies which had
been organized in the States through which the line runs (see MANUAL for 1884, page 478).
Main line completed in October, 1884, and opened November 1, 1884". (See MANUAL for 1891.)
At Huntington (on the Mississippi River) that branch connects by ferry with the Little Rock,
Mississippi River and Texas RR. The main line forms the connecting link between the
Chesapeake and Ohio system in the North and that of the Southern Pacific in the South.

This company built and commenced operating on September 1, 1890, the branch from
Clarksdale to Minter City, a distance of 39.58 miles. It also acquired by purchase in Novem-
ber, 1890, the line of the Natchez, Jackson and Columbus Ry., extending from Natchez,
Miss., to Jackson, Miss., 98.90 miles, and changed to standard gauge that part of the road
running from Natchez to Harriston (28.20 miles) where it connects with the main line.

Rolling Stock, June 30, 1S91. — Locomotive engines, 101. Car.s — passenger — 44 ; com-
bination, 1) ; baggage, mail, and express, 12 ; official. 3 ; freight (box, 1,576; stock, 50;
platform, 617 ; gondola, 259 ; fruit. 179 ; caboose, 54), 2.735 ; road, 68 ; tool, 3 ; other, 4—
total cars, 2,878.

Operations for year ending June 30, 1891 (790.13 miles).— Train mileage— passenger,
990,734; freight, 1,496,464— total, 2,487,198 miles. Passengers carried, 1,044,980 ; carried
one mile, 40,863,850 ; average mile rate, 2.450 cents. Tons freight moved, 994,327 ; mov« d
one mile, 224,146,200; average ton-mile rate, 1.082 cents.

POOR'S MANUAL OF RAILROADS.

769

Earnings.— Passenger $1,001 ,411 64

Freight 2,426,79269

Mail rr,317 90

Express 66,251 91

Miscellaneous... 144,65558

Expenses.— Transportation $979,699 69

Motive Power 608,460 60

Maintenance of Cars 296,151 73

Maintenance of Way 686,398 48

General 85,806 47

Total ($4,703.50 per mile) $3,716,429 72 Total ($3,362.12 per mile) $2,656,516 97

Net earnings (28.52 per cent.), $1,059,912.75. Add other receipts, $11,514.21— total rev-
enue, $1,071,426.96. Payments : {Interest on 1st mortgage bonds, $631.340 ; interest and
discount, $16,451.77; rentals, $1,637; taxes, $90,250.77; operating Huntington transfer,
$2,751.54; miscellaneous expenses, $11,814.75— total, $754,245.83. Balance surplus, $317,-
181.13 ; surplus forward, $960,723.51 ; total surplus, $1,277,904.64.

General Balance Sheet, June 30, 1891.

Cost of Road, Equipment, Real Estate, etc.$42,097,648 14 Capital Stock $5,000,000 00

35,236,000 00

Other Investments 242,491 93

L.-md and Town Site Notes 758,783 51

Materials and Fuel on Hand 217,469 75

Natchez, Jackson & Columbus RR 141. -.27 -,' <tt

Current Accounts 324,425 76

Cash on Hand and in Transit 55,524 78

Unadjusted Open Accounts 117,779 46

Funded Debt Outstanding.

Bills Payable

Current Accounts

Land and Town Sites

Unadjusted Open Accounts

Unmatured Coupons

Profit and Loss. . .

344,739 29

942,094 31

867,7.35 12

71,828 16

215,093 84

1,277,904 64

Total Assets $43.955.395 36

Total Liabilities $43.955,395 3

The funded debt consists of $16,132,000 first mortgage 4 per cent. 50-year gold bonds, due
September, 1936, interest payable March and September; $9,104,006 second mortgage in-
come 5 per cent. 50-year bonds, due September, 1936, interest payable, if earned, March and
September ; and $10,000,000 income 6 per cent, (non-cumulative) 50-year bonds, due Sep-
tember, 1934, interest payable March and September, if earned.

The first mortgage bonds tun a first lien on the entire property and franchises of the
company except the lands of the company, upon which the income bonds of 1934 are a prior
lien. The company '^ lands, which are situated in the Yazoo Delta, were derived by it
through the Memphis and Vicksburg RR. Co., one of the original organizations included in
the present company ; original amount owned, 774,634 acres, of which 194,989 acres have
been sold. On branches or subsidiary lines built, the authorized issue is $20.000 per mile
of first mortgage 4 per cent, bonds, $20,000 per mile of incomes, and $10,000 per mile of
capital stock, limiting the whole issue of income bonds to $10,000,000, and stock to $5,000,-
000. The interest on second mortgage bonds began to accrue after September 1, 1888, and
was thereafter cumulative.

Annual meeting, first Monday in October. Interest on bonds payable in Xew York.

Directors (elected October o, 1891).— R. T. Wilson, Isaac E. Gates, Wm. M. Johnston,
E. H. Pardee, Win. Mahl, C. P. Huntington, New York, N. Y. ; E. Martin, Vicksburg, Miss.;
A. C. Hutchinson, Xew Orleans, La.; James M. Edwards, Memphis, Tenn.

R. T. WILSOX, President ....................................... Xew York, X. Y .

Vice- Pres.& Gen. Man.— J. M. Edwards. Memphis. Tenn. I Treasurer— Y. H. Davis ............... New York. N. Y.

Xecrtbtry — C. H. Bosher .............. New York, N. Y. | Auditor — Jos. T. Penton . . . .Memphis, Tenn

Mthl ...................... New York, N. Y

PRINCIPAL OFFICE AND ADDRESS .............................. Memphis, Tenn.

Transfer Office .............................. 3 Exchange Court, Xew York, X. Y.

LOS ANGELES AND PACIFIC RAILWAY COMPANY,

(Following statement repeated from MANUAL for 1891 ; later information refused.)

Line of Road. — Los Angeles, Cal., to Santa Monica, Cal 18

Junction to Burbank, Cal 12 — 30 miles.

Sidings, etc., 1.33 miles. Gauge, 4 ft. 8| in. Rail (steel), 40 Ibs. per yard.

History.— Organized September 11, 1888, by consolidation of the Ostrich Farm Ry. Co.,
49

770

POOR S MANUAL OF RAILROADS.

the Los Angeles County RR. Co., and the Los Angeles and Pacific Ry. Co., for the purpose of
extending the line from Ostrich Farm and Burbank to Pasadena and Hueneme, and to build
a belt line at Los Angeles, Cal. Road opened to Ostrich Farm, September 25, 1888, and to
Burbank, May 31, 1889.

Rolling Stock.— Locomotive engines, 4. Cars — passenger, 10 ; flat, 2— total cars, 12.

Operations for year ending December 31, 1888. — Traffic statistics not reported. Gross
earnings, $11,627.85. Operating expenses — transportation, $7,851.05 ; motive power and
cars, $141.22 ; maintenance of way, etc., $1,605.53; general, $4,048.67— total, $13,646.47.
Deficit from operations, $2,018.62 ; add interest and discount paid, $1,733.54 — total deficit
for year, $3,752.16.

Financial Statement.— Capital stock (authorized, $2,160,000), $390,000 ; funded debt,
1st mortgage sinking fund 6 per cent. 30-year gold bonds, due April 15, 1920, interest pay-
able April and October (authorized, $300,000), $142,000 ; other liabilities, $27,800— total,
$559,800. Cost of road and equipment to January 1, 1890, $420,000. Estimated cost of
completed road, $650,000. Interest payable in Los Angeles, Cal., at the office of the State
Loan and Trust Company, trustee.

Directors.— S. W. Luitweiler, E. E. Hall, D. F. Donegan, R. C. Shaw, C. Cole, M. L.
Wicks, Los Angeles, Cal.; A. Gayford, Santa Monica, Cal.

S. W. LUITWTELER, President Los Angeles, Cal.

A. Gayford, Vice- President Santa Monica, Cal.

Sec. & Treas.—S. P. Rees , Redondo, Cal. | Auditor— James J. Evans , Los Angeles, Cal

PRINCIPAL OFFICE AND ADDRESS • • • • Los Angeles, Cal.

LOUISVILLE, ST. LOUIS AND TEXAS RAILWAY COMPANY,

Line of Road.— Henderson, Ky., to West Point 121.00 miles,

Branch : Crossing of Green River to Coal Mine 1.12 miles.

Leased : Louisville, Hardinsburgh and Western Ry. (see below) 43.89 miles.

Trackage : Ches., Ohio and S. W. RR. : West Point to Louisville, Ky 21.00 miles.

Total length of lines owned, leased, and operated, June 30, 1891 187.01 miles.

Sidings, etc., 12.4 miles. Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs.

History. — Incorporated under special charter of the Legislature of the State of Ken-
tucky January 13, 1882, by an Act consolidating the Kentucky Southern and the Louisville.
Cloverport and Western Ry. Cos. Road completed and opened for business April 1, 1889.
The Louisville, Hardinsburgh and Western Ry. was opened July 1, 1891, and leased to this
company on terms given in subjoined statement.

Rolling Stock, June 30, 1891. — Locomotives, 15. Cars — passenger, 10 ; baggage and
mail, 6 ; freight, 607 — total cars, 623. Since the close of the fiscal year 100 box cars have
been acquired through car trust.

Operations for year ending June 30, 1891. — Train mileage and traffic statistics not
reported. Earnings—passenger, $159,382.07 ; freight, $214,704.10 ; mail and express, $23,-
401.27 ; other, $31,928.18— total ($3,000.38 per mile), $429,415.62. Operating expenses— trans-
portation, $141,229.26 ; motive power, $25,866 ; maintenance of way and cars, $37,788.38 ;
track rentals and terminals, $24,250 ; general, etc., $21,359.57— total ($1,750.23 per mile),
$250,493.21. Net earnings, $178,922.41. Payments not reported.

Statement of gross and net earnings, by months, for the six months ending December
31, 1891 :

July.

August.

September.

October.

November.

December.

Total.

Gross Earnings
Net Earnings

38,378 98
18,508 88

$
44,872 46
20,894 54

44,256 57
17,310 18

47,369 66

21,084 12

41,992 05
17,927 38

59,153 67
29,468 79

276,023 39
125,193 89

MAP OF THE

LOUISVILLE, ST. LOUIS

AND

TEXAS RAILWAY,

AND CONNECTIONS

772 POOR'S MANUAL OF RAILROADS.

General Balance Sheet, June 30, 1891.

Cost of Road and Equipment $6,119,118 61

Bonds held in Trust (Treasury Bonds) .... 360,000 00

Bonds Owned (Cloverport City) 20,000 00

L., H. & W. Stock (par, §714,500) 10,000 00

Sundry Stocks at Cost 1.33252

Real Estate lG.f»ss 35

Material, etc 8,814 68

Cash 9.880 00

Due from Other Roads 19,816 42

Total Assets $6,565,950 58

Capital Stock (par, $100) $3.000,000 00

Funded Debt 3,050,000 00

Car Trust Notes 281,218' 04

Bills Payable KIT

C'unvnt Accounts 54,520 27'

Accrued Interest on Cmipons not Due .... 61,000 00

Profit and Loss 12,054 84

Total Liabilities $6,565,950 58

Financial Statement.— Capital stock authorized (par, $100), $10,000,000 ; issued, $3,000,.
000 ; funded debt, first mortgage 6 per cent. 30-year gold coupon or registered bonds, due
February 1, 1917, interest payable February and August, authorized, $2,800,000 ; second
mortgage 6 per cent. 30-year bonds, due March 1, 1917, interest payable March and Septem-
ber, authorized and outstanding, $250,000. At present only $2,440,000 of the first mortgage
bonds are issued, and that sum only in payment for finished road at the rate of $20,000 per
mile, the remainder being reserved for extensions and terminals.

Annual meeting, third Wednesday in September, at Louisville, Ky. Interest on bonds
payable at the office of the trustee, Central Trust Co., New York.N. Y. Registrar of stock,
Central Trust Co., New York, N. Y.

LOUISVILLE, HARDINSBURGrH AND WESTERN RAILROAD. — Irvington. Ky., to
Fordsville, Ky., 39.44 miles ; branch from main line to Falls of Rough. 4.45 miles—total, 43.89 miles, lioad
completed as above in 1890. Leased perpetually to the Louisville, St. Louis and Texas Ry. Co. for net earnings.
Capital stock, $840,000. Funded debt outstanding, §630.000 first mortgage bonds. LAFAYETTE GHEKN.

John Dean, Vict-Prexl'leiit. PnixciPAi. OFFICE, 251 Fourth Ave., Louisville, Ky. W. V. McCracken & Co
Financial Agents, 42 Wall St., New York, N. Y.

Board of Directors, Louisville, St. Louis and Texas Ry Co., elected September 23, 1891.

W. V. McCracken. New York, N. Y. I J. K. McCracken ....Louisville, Ky. Ridgely Cayce ....... Louisville, Kv-

Geo. A. Evans ---- " " ' James P. Helm ...... " " R. R. Pierce ......... Cloverport, Ky-

J. D. Powers ....................... Owensboro1, Ky.

W. V. MCCRACKEN, President ......................... New York. N. Y.

George A. Evans, Vice-President ..................... New York, N. Y.

Secretary— George H. Lamkin ...... Louisville, Ky. | Treat, and Gen. Jfa/iar/rr—J. K. McCracken. Louisville, Ky.

Aasixtant Secretary— 3. P. Pennington ............. New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS ...... .......................... Louisville, Ky.

Transfer Office ................................... 42 Wall Street, New York City.

LOUISIANA AND NORTHWEST RAILROAD COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused.}

Line of Road Projected.— Alexandria, La., to St. L., I. M. & S. RK., in Ark. 225.00 miles.

Completed : Bienville, La., to Homer, La 35 JO miles.

Sidings, 2.5 miles. Gauge, 4 ft. 8| in. Kail (steel), 56 Ibs.

History. — Chartered as Louisiana North and South RK. Co., November 28, 1885 ; road
completed from Gibsland to Homer, 20 miles, toward the close of 1887, and opened for busi-
ness March 1, 1888. The extension from Gibsland to Bienville was completed in 1889, and
opened January 1, 1890. About the same time, it having been found that the charter of the
old company was defective, a new organization was effected under the present title.

Rolling* Stock, December 31. 1890. — Locomotive engines, 2. Cars (passenger), 2 ; f'
(flat), 4.

Operations for year ending December 31, 1890.— Train mileage and traffic statistics not
reported. Earnings— passenger, $12,773.95 ; freight, $16,877.48 ; other, $3,736.36— total
$43,387.79. Expenses, $16,421.93. Net earnings, $',26,965.86.

Financial Statement, December 31, 1890.— Capital stock (par, $100) authorized, $20,000
per mile ; issued, $700,000 ; funded debt (1st mortgage 5 per cent. 50-year gold bonds, inter-

POOR'S MANUAL OF RAILROADS. 773

est payable January and July, in New York ; authorized, $15,000 per mile), $625,000— total
stock and bonds, $1,325,000, representing cost of road and equipment.

Directors (elected for 1*9 K — I). A. Boody, Stewart L. Woodford, J. P. Howell, Joseph
F. Kuapp, New York, N. Y.; J. D. Beardsley, A. K. Klingman, A. E. Wilder, Homer, La.

D. A. BOODY, President 57 Broadway, New York, N. Y.

J. D. Beardsley. Vife-Pre*ident a>«l (in,rr</! M<uiager Gibsland, La.

•— W. G. Dariey Gibsland, La. ; Trea*.—J. P. Howell 17 New St., New York. N. Y.

PRINCIPAL OFFICE AND ADDRESS Gibsland. La.

LOUISIANA CENTRAL RAILROAD COMPANY.

Line of Road. — Port Allen, La., to Musson, La 22 miles.

Gauge, 4 ft, 84 in. Rail (iron), 52 Ibs.

History. — This company is .successor to the Baton Roug-e, Grosse Tete and Opelou^as
RR. Co., by foreclosure sale, April 7, 1883. The present company has no bonded debt.
Capital stock, .$50,000. Surveys were made and work begun in 1886 for the extension above
the level of inundation between Rosedale, where it intersects the New Orleans and Pacific
RR., and Lafayette, where connection is made with radiating: lines. Work suspended in 1877.

Rolling' Stock. Locomotive engine, 1. Cars — passenger, 2 ; freight (box, 4 ; platform,
6), 10— total cars, 12.

Operations for year ending December 31, 1891. — Train mileage — mixed, 8,184 miles.
Earnings (passenger, $2.140.60; freight, $6,258.05), $8,398.65. Expenses — transportation,
$3,592.12 ; motive power and cars, $105.01 ; maintenance of way, etc., $3.640.78 ; general,
$1.229.35— total, $8,567.26. Deficit, $168.61. Sale of iron rails, $970.29. Net income,
$801.68. Paid taxes, $922.43. Deficit. $120.75; surplus forward, $144.96— net surplus, $24.21.

Financial Statement.— Capital stock (authorized, $50,000 ; par, $100), $50,000 ; profit
and loss, $24.21— total, $50,024.21. Contra: Cost of road, $50,000; cash, $24.21— total,
$50,024.21.

Annual meeting, second Saturday in January, at New Orleans, La.

Directors (elected January 9, 1892).— Isaac E. Gates. Xew York. X. Y.; Charles
Babbidge, Brooklyn, N. Y. ; A. C. Hutchinson, Charles Palfrey, Xew Orleans, La. ; J G.
Parkerson, Lafayette, La.

J. G. PARKERSOX, President Lafayette, La.

Vice-Pre*., Sec., & 7>0a£.— Isaac E. Gates. New York,N.Y. j Gen. Superintendent —A.. D. Barrow. . .Port Allen, La.

PRINCIPAL OFFICE AND ADDTIESS Port Allen, La.

MANISTEE AND LUTHER RAILROAD COMPANY.

Main Line of Road.— Eastlake, Mich., to Forrest Terminals 37.50

Branch : Main line to Forrest Terminals, Mich 26.50 — 64.00 miles.

Gauge, 3 ft. Rail (steel). 30 Ibs.

History.— Chartered March 26, 1886 ; road opened June, 1886.

Rolling Stock, December 31, 1891. — Locomotive engines, 6. Cars— passenger, 1 ;
freight (box, 2 ; platform, 15), 17 ; other, 239 — total cars, 257.

Operations for year ending December 31, 1891.— Train mileage not reported. Passen-
gers carried, 628: carried one mile, 15,700. Fi eight moved, 83,778 tons. Earnings —
passenger, $471.06 ; freight, $104,722.90— total, $105,193.96. Expenses— transportation,
$30,487.33; motive power and cars, $19,533.80; maintenance of way, etc.. $8.525.93;
general, $18,191.84— total, $76.738.90. Xet earnings. $28.455.06. Paid interest on debt,
$3,432.71 ; rentals on buildings, tracks, etc., $2,000— total, $5,432.71. Surplus, $23,022.35 ;
surplus forward, $1,817.80— total, $24,840.15.

Financial Statement, December 31, 1891.— Capital stock (authorized, $400,000 ; par,

774 POOR'S MANUAL OF RAILROADS.

$100), $300,000; current accounts, $37,750.25 ; profit and loss, $24,840.15— total, $362,590.40.
Contra : Cost of road, $284,150.66 ; equipment, $70,353.85 ; current accounts, $1,737.58 ;
materials and fuel on hand, $6,167.77; cash on hand, $180.54— total, $362,590.40.
Annual meeting, first Monday in April, at Eastlake, Mich.

Directors (elected April 1, 1890).— Richard G. Peters, H. W. Carey, Eastlake, Mich. ;
George M. Burr, A. J. Dovel, Manistee, Mich.; J. H. Peters, Coleinan, Mich.

RICHARD G. PETERS, President and General Manager Eastlake, Mich.

Henry W. Carey, Secretary and Treasurer Eastlake, Mich.

PRINCIPAL OFFICE AND ADDRESS Eastlake, Mich.

MANISTEE AND NORTHEASTERN RAILROAD COMPANY.

Main Line of Road. — JVtanistee, Mich., to Cedar Run, Mich 55 miles.

Onekama Branch: Onekama Junction to Onekama, Mich 3

Bear Creek Branch : Bear Creek, Mich., to Peters Camps 5 — 8 miles.

Total length of lines owned December 31, 1891 63 miles.

Average length of all lines operated during the fiscal year 60 miles.

Sidings, etc., 10 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History. — Chartered January 12, 1887; road completed as above during the past year.
(See MANUAL for 1891.) Work is in progress on an extension from Cedar Run to Traverse
Bay, a distance of 15 miles.

Rolling Stock, December 31, 1891. — Locomotive engines, 7. Cars — passenger, 4; bag-
gage, mail, and express, 2 ; freight (box, 5 ; platform, 175 ; caboose, 3), 183— total cars,
189. Also 1 snow plough.

Operations for year ending December 31, 1891. — Train mileage — passenger, 72,372 ;
freight, 81,840— total, 154.212 miles. Tons freight moved, 253,878 ; moved one mile, 5,593,-
108 ; average ton-mile rate, 1.36 cents.

Earnings.— Passenger $35,504 91

Freight 75,811 14

Mail 2,578 41

Express 557 44

Miscellaneous ... 589 19

Total ($1,917.35 per mile) $115,041

Expenses.— Transportation $42,374 81

Motive Power 7,647 96

Maintenance of Cars 5,024 29

Maintenance Way and Buildings. 15,447 06
General . . 9,557 23

Total ($1,334. 19 per mile) $80,051

Net earnings (30.41 per cent.), $34,989.74. Payments not reported.

General Balance Sheet, December 81, 1891.

Cost of Road $1,047,565 70 , Capital Stock (par, $100) $30,000 00

Cost of Rolling Stock 154,64901

Real Estate and Buildings 32,460 25

Profit and Loss... 99,79173

Total Assets $1,334,466

Unfunded Debt 1,304,466 69

Total Liabilities $1,

Annual meeting January 7, at Manistee, Mich. Capital stock authorized, $600,000.

Directors (elected January 7, 1892).— Edward Buckley, William Douglas, William J.
Law, Charles G. Wilson, T. J. Elton, Manistee, Mich.

EDWARD BUCKLEY, President and General Manager Manistee, Mich.

See. <fe Treas. —William J. Law Manistee, Mich. | General Supt.— William Douglas Manistee, Mich.

PRINCIPAL OFFICE AND ADDRESS Manistee, Mich.

MANISTEE AND PIKE'S PEAK RAILWAY COMPANY.

Line of Road.— Manitou, Col., to Summit of Pike's Peak, Col 8.9 miles.

Gauge, 3 ft.

POOR'S MANUAL OF RAILROADS. 775

History.— Chartered ; road built in 1890, and opened May 30, 1891. Operated

during the summer months only.

Operations, Financial Statement. — All information refused.

JOHN HURLBERT, President Manitou, Col.

R. R. Cable, Vice-President Manitou, Col.

Treasurer— J. B. Glaaser Manitou, Col. | Manager— H. S. Cable Manitou, Col .

PRINCIPAL OFFICE AND ADDRESS Manitou, Col.

MANSFIELD RAILWAY AND TRANSPORTATION COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused).

Line of Road.— Mansfield, La., to T. & P. Junction 2 miles.

Gauge, 4 ft. 8£ in. Rail (iron), 56 Ibs.

History.— Chartered February 16, 1881, and road opened in July, 1882.

Rolling Stock.— Locomotive engine, 1 ; passenger cars, 2.

Operations for year ending April 1, 1891.— Train mileage, etc., not reported. Earnings,
$6,760.40. Expenses, $4,870.35. Net earnings, $1,890.05. Paid dividends (12 per cent.).
$1,624. Balance (cash on hand, $46.55 ; unpaid dividends, $219.50), $266.05.

Financial Statement, April 1, 1886 (latest furnished).— Capital stock, $14,500; other
liabilities, $10,500— total, $25,000. Contra : Cost of road, etc., $22,000 ; lands, $1,400; other
assets, $1,600.

Annual meeting, first Monday in April. Voting power attaches to stock after thirty
days' ownership. Dividends payable at Treasurer's office. The company has paid two divi-
dends of 10 per cent, each, one in January, 1888, and one in March, 1889.

Directors. — Boling Williams, Marmaduke Ricks, B. F. Jenkins. 0. H. P. Sample,
W. T. Pegues, Mansfield, La.

BOLING WILLIAMS, President and Secretary Mansfield, La.

B. F. Jenkins, Vice-President Mansfield, La.

Treasurer and Auditor— M. Ricks Mansfield, La. | General Freight Agent— W. T. Pegues. ..Mansfield, La.

PRINCIPAL OFFICE AND ADDRESS Mansfield, La.

MARIETTA AND NORTH GEORGIA RAILWAY COMPANY.

Main Line of Road Completed. — Marietta, Ga., to KnoxviJle, Tenn 217 miles.

Quarry Branch : Tate, Ga.. to Marble Quarry 7 miles.

Trackage : W. & A. RR. : Marietta, Ga., to Atlanta, Ga 20 miles.

Total length of all lines operated 244 miles.

Sidings, etc., 3.5 miles. Gauge, 4 ft. 9 in. Bail (steel), 60.^ Ibs.

History. — Consolidation in 1887 of the Marietta and North Georgia RR. Co. and the
Georgia and North Carolina RR. Co. Road completed as above in August, 1890. Branches are
projected from Ball Ground, Ga.. northeast, to the North Carolina Line, and from Marietta
to Austell, where connection will be made with the East Tennessee, Virginia and Georgia
system and Georgia Pacific Ry. In the fall of 1889 the company received authority from
the Legislature of the State of Georgia to extend its line from Marietta to Atlanta.

Interest default January 1, 1891, and J. B. Glover appointed pexmanent receiver on
on February 23 following. There were to be issued $1,100,000 receiver's certificates to put
the road in good condition. A reorganization committee was appointed in January, 1892,
and plans are now under consideration. Receiver has been authorized and has let contract
for construction of bridge over the Tennessee River to connect this road with the Knoxville,
Cumberland Gap and Louisville RR.

776 POOR'S MANUAL OF RAILROADS. •

Rolling Stock, March 31, 1890 (latest reported). — Locomotive engines, 17. Cars— passen-
ger, 10 ; baggage, mail, and express, 4 ; freight (box, 270 ; stock, 1 ; platform, 200; coal, 80),
551— total, 565.

Operations for year ending March 31, 1890 (latest reported). — Train mileage — passenger,
70,112; freight, 6,280; mixed, 28,170— total, 104,652 miles. Passengers ' carried, 47,950;
carried one mile, 1,286,186 ; average mile rate, 3 cents. Tons of freight moved, 20.356 ;
moved one mile, 1.521,360; average ton-mile rate, 6.10 cents. Earnings— passenger,
$38,585.60; freight, $92,850.85; mail, $5,360.40; express, $5,615.60— total, $142,412.45.
Expenses — transportation, $17,388.63 ; motive power, $14,465.13 ; maintenance of cars,
$10,502.87; maintenance of way and buildings, $15,547.43; general, $2,700 — total,
$60,604.06. Net earnings, $81,808.39. Paid interest on bonds. $107,040. Balance, deficit,
$25,231.61. Deficit from last year, $1,721.22— total deficit, as per balance sheet, $26,952.83.

Financial Statement, March 31, 1890 (latest /w/mM).— Capital stock, $3,384,625 ;
funded debt ($1,225,000 consolidated 1st mortgage 6 per cent. 50-vear $1,000 coupon or
registered bonds, due January 1, 1937, interest payable January and July ; $553,000 1st mort-
gage 6 per cent. 30-year $1,000 coupon bonds, dated January 1, 1881, interest payable July
and January ; $6,000 2d mortgage 6 per cent. 30-year $1,000 coupon bonds, dated January 1,
1881, interest payable July and January), $1,784,000; bills payable, $61,926.95; current
accounts, $11,015.15 ; unadjusted balances due contractors, $19,996.87 — total, $6,461,563.97.
Contra : Cost of road, $6,214,604.24 ; cost of rolling stock, $173,906.66 ; real estate and build-
ings, $17,657.61 ; Augusta Exposition stock, $100; materials and fuel, $3,753.26; North
Georgia Telegraph Company, $5,976.05 ; current accounts, $17,628.83; cash, $984.49 ; profit
and loss, $26,952.83— total, $6,461,563.97.

Capital stock authorized, $20,000 per mile of completed road. Bonded debt, authorized
as follows : Consolidated 1st mortgage 6 per cent. 50-year gold bonds, at the rate of $16,000
per mile of completed road, except for that portion of the line from Murphy, N. C., to Knox-
ville, Tenn., on which $20,000 per mile is authorized. The first and second mortgage bonds
are authorized at the rate of $7,000 and $5,000 per mile, respectively, and are secured on the
line from Marietta to North Carolina State Line ; the consols of 1887 on the entire property.
A sinking fund of $15,000 yearly for the retirement of the consols begins after 1897. Trustee
of bonds and registrar of stock, Central Trust Co. , New York. Interest payable at 54 Wall
Street, New York, and Boston Safe Deposit and Trust Company, Boston, Mass. Annual
meeting, third Thursday in August.

Directors.— Lenox Smith, New York, N. Y. ; H. M. Aiken, M. R. Gay, W. B. Bradley,
Knoxville, Tenn.; A. L. Hartridge, Savannah, Ga. ; H. M. Hammett, Marietta, Ga. ; J. G.
Whitcomb, Murphy, N. C. ; L. H. Baker, Bridgeport, Conn. ; and one vacancy.

J. B. GLOVER, Receiver .Marietta, Ga.

LENOX SMITH, Vice-President and Acting President New York, N. Y.

Secretary— H.. M. Hammitt Marietta, Ga. | Auditor— M. J. Bradley Marietta, Ga.

PRINCIPAL OFFICE AND ADDRESS Marietta, Ga.

Transfer Agency Kessler & Co., 54 Wall St., New York, N. Y.

MASON COUNTY CENTRAL RAILROAD COMPANY.

(The following is repeated from the MANUAL for 1891 ; later information refused .)

Line of Road Projected.— Shelton, Wash., to Gray's Harbor 45.00 miles.

7 n • j. j {Summit, Wash., to Olvmpia, Wash 22.00

Branches Projected : ^ She]to,K Wash., to Hood's Canal 16.00-38.00 miles.

r 7 . -, f Shelton to Summit 3.75

Completed, j Summit to term?nus 2.75- 6.50 miles.

Gauge, 4 ft. 8i in. Rail (steel, 3.50 miles), 30 Ibs.

History. — Chartered July 25, 1889. The road is operated in connection with a lumber

POOR'S MANUAL OF RAILROADS. 777

manufacturing business, and is owned and controlledjjby no one except the builders. Coal,
iron, building stone, and immense forests of fir timber are adjacent to the line of road. It is
intended to connect with the Puget Sound and Gray's Harbor and the Port Townsend South-
ern RRs.

Rollinir Stock. — Locomotive engine, 1. Freight (log) cars, 4.

Operations for year ending April 1, 1891. — Gross earnings, $12,787.79 ; operating ex-
penses, $7,789.49. Net earnings, $4,949.30.

Financial Statement, April 1, 1891.— Capital stock (par, $100; authorized, $100,000),
$70,000; bills payable, $60,617.51. Cost of road and equipment to date, $57,140.32; real
estate and buildings, $152,703.43. Annual meeting, February 14.

Directors. — W. H. Kneeland, M. Lewis, Shelton, Wash. ; NT. H. Owens, Olympia, Wash.

W. H. KNEELAND, President and Superintendent Shelton, Wash.

Vice-Prt.*i(lfnt—'$. H. Owens Olympia, Wash. | Secretary & Treasurer— M. Lewis Shelton, Wash.

PRINCIPAL OFFICE AND ADDKESS Shelton, Wash.

MICHIGAN AIR-LINE RAILWAY COMPANY.

Line of Road. — Lenox, Mich., to Jackson, Mich 105.60 miles.

Sidings, etc., 8.a5 miles. Gauge, 4 ft. 8i in. Rail (steel, 105.60 miles), 67 Ibs.

History.— The Michigan Air-Line Ry. Co. was organized August 28, 1868, to build a
road from Ridgeway to South Bend, Ind. Road opened throughout, September 1, 1884.
The portion from Jackson, Mich.., to South Bend was completed, and is operated by the
Michigan Central RR. Co. The line from Ridgeway to Shelby was sold to the St. Clair and
Chicago Air-Line RR. Co., but. through the failure of that organization, has since been oper-
ated by the present company, which bought the road at foreclosure sale, November, 1875.
In November, 1878, traffic agreements were entered into with the Grand Trunk Ry. Co., by
which that company contributes toward the interest liabilities.

Rolling1 Stock, December 31, 1891. — Locomotive engines, 2. Cars — passenger, 1 ; freight
(box, 18 ; platform, 4), 22— total cars, 24.

Operations for year ending December 31, 1891. — Train mileage — passenger, 72,768 ;
freight, 48,196 ; mixed, 70,284— total, 191,248 miles. Passengers carried, 97,961 ; carried
one mile, 1,422,359 ; average mile rate, 2.62 cents. Tons freight moved, 195,806 ; moved one
mile, 10,628,468 ; average ton-mile rate, 1.01 cent.

Earnings.— Passenger §37.2:35 85

Freight 107,290 19

Mail 7,282 52

Express 2,501 96

Total ($1,461. 27 per mile) $154,310 52

Expenses.— Transportation §33,517 27

Motive Power aiicl rare 42,064 56

Maintenance Way and Buildings 55,237 52
General and Taxes. . . 4.475 28

Total ($1,281.19 per mile) $135,294 63

Net earnings (12.32 per cent.), $19,015.89. Paid interest on bonds, $75,433.34. Deficit,
$56,417.45, advanced by Grand Trunk Ry. Co.

Financial Statement, December 31, 1891.— Capital stock (authorized, $1,500.000), ,$300,-
000 ; funded debt (1st mortgage 5 per cent. 20-year coupon bonds, due January 1, 1902, denom-
inations, £100, £200, and £500, interest January and July, at London, Eng.), £310,000 =
11,508,666.67; vouchers, etc., $5,092.48; unpaid interest, due July 1, $37,716.67— total, $1,-
851,475.82, Contra : Construction, $1,772,442.80 ; equipment, $41,000 ; accounts, $38,033.02.

The Grand Trunk Ry. Co., of Canada, has offered to the holders of the above-mentioned
bonds of this company the option of exchanging same into Grand Trunk 4 per cent, deben-
ture stock, and by the exercise of this option the amount of bonds outstanding has been
reduced to £148,700. Annual meeting, last Wednesday of September. The entire capital
stock is owned by the Grand Trunk Ry. Co. of Canada.

Directors (elected September 30, 1891).— L. J. Seargeant, Montreal, Que.; John Belle,

778 POOR'S MANUAL OF RAILROADS.

Belleville, Ont. ; Henry Howard, Port Huron, Mich.; W. J. Spicer, E. W. Meddaugh, Detroit,
Mich.

L. J. SEAKGEANT, -President Montreal, Que.

Vice-Pres. & Gen. Man.—W. J. Spicer. . .Detroit, Mich. | Sec. & Treas.— Robert Wright Montreal, Que.

PRINCIPAL OFFICES AND ADDRESSES . . . . \ Montreal Que.

| Detroit, Mich.
Transfer Office London, Eug.

MICHIGAN CENTRAL RAILROAD COMPANY.

Main Line of Road. — Kensington, 111., to Detroit, Mich 270.07 miles.

Trackage : Illinois Central RR. : Kensington to Chicago, 111 14.00

{Michigan Air-Line RR. : Jackson to South Bend 115.16

Jackson, Lansing & Saginaw RR. : Jack'n to Mackinaw City. 295. 10

Grand River Valley RR. : Rives Junction to Grand Rapids . 83.79

Leased Kalamazoo & South Haven RR. : Kalamazooto South Haven. 39.50

and Pro-
prietary:

Operated

Joliet and Northern Indiana RR. : Lake to Joliet 45.00

Saginaw Bay & Northwestern and Branches (see statement). 87.21

Detroit and Bay City RR. and Branches (see statement) 151.42—868.98 miles.

Bay City and Battle Creek Ry. : West Bay City to Midland. . 18.00

[Battle Creek & Sturgis Ry. : Battle Creek to Findlay 33.80

'Canada Southern Ry. : Windsor, Kan., to Suspension Bridge 226.18 miles.

Tol., Can. Sout'n & Det. Ry. : West Detroit to Can. So.Juc. 55.87

Toledo Belt Line 3.05

Canada Southern Bridge : Slocum June, to Stony Island. . 3.66
Michigan, Midland & Canada Ry. : Ridge way to St. Clair. 14.68

j Canada Southern Railway Branches (see statement) 101.33

\.Sarnia, Chatham and Erie Ry. : Petroiia June, to Petrolia 7.00

Erie and Niagara Ry. : Niagara to Old Fort Erie 30.60

{^Leamington and St. Clair Ry. : Comber to Leamington . . . 13.80 — 229.99 miles.

Total length of lines operated December 31, 1891 1,609.22 miles.

2d track (M. C. RR., 138.40 miles ; C. S. Ry., 95.21m.; J., L. & S. RR., 3.22 m. ; D. &B. C.
RR., 4.77m.; T., C. S. & D. Ry., 2.13), 243.73 m. ; sidings (M. C. System, 576.07 rn ; C. S.
System, 200.06 m.), 776.13 m. ; total track (steel, 2,381.59 m.; iron, 233.49 m.), 2,615.08 m.
Gauge, 4 ft. 8i in. Rail, 56 to 80 Ibs.

History. — The construction of the Michigan Central RR. was begun in 1836 by the De-
troit and St. Joseph RR. Co., chartered June 29, 1832, but before completing any portion of
the line, that company sold its property and franchises to the State of Michigan April 22,
1837. Under the auspices of the State the road was opened from Detroit to Ypsilanti, 30
miles, February 8, 1838 ; to Ann Arbor, 8 miles, October 17, 1839 ; to Dexter, 9 miles, June
30, 1841 ; to Jackson, 29 miles, December 30, 1841 ; to Marshall, 32 miles, August 12, 1844 ;
to Battle Creek, 13 miles, November 25, 1845 ; and to Kalamazoo, 23 miles, February 2, 1846
— in all, 144 miles. The Legislature then refused to make any further appropriations for the
work. In 1846 the Michigan Central RR. Co. was chartered, and purchased the road and
property from the State, taking possession September 25, 1846. The new company paid to
the State $2,000,000 for the property, which cost $2,500,000. It completed the road to Nil* s,
47 miles, in 1848 ; to Michigan City, 37 miles, 1850 ; and to Kensington, 43 miles, completing
the line in May, 1852. At Kensington it connects with the Illinois Central RR., using 14
miles of that line to reach Chicago. For terms under which the lease and operated lines
were acquired see the statements for the several companies.

During 1890 the company acquired the control, by a lease, of the Battle Creek and Sturgis
Ry., between Battle Creek and Sturgis, a distance of 41 miles, upon a guarantee of $500,000
in 100-year 3 per cent, gold bonds. Of this amount, however, $79,000 are sub-guaranteed by
the Lake Shore and Michigan Southern Ry. Co., for the control and operation of that portion
of the road between Findley and Sturgis, leaving the resulting obligation of this company
$421,000, and also by a lease of the Bay City and Battle Creek Ry., between West Bay City

POOR 8 MANUAL — MICHIGAN CENTRAL RR. CO.

779

and Midland, about 18 miles in length, upon a guarantee of $250,000 in 100-year 3 per
cent, gold bonds. The entire capital stock of each of the companies was surrendered to this
company, being $500,000 in the former case, and $300,000 in the latter. These leases cause
an annual addition of $20,130 to the fixed charges.

Rolling Stock, December 31, 1891. — Locomotive engines, Michigan Central RR.. 284;
Canada Southern Ry., 137 — total, 421. Cars, as follows :

PASSENGER EQUIPMENT
M. C. R. (

First Class Car* 88

;. S. R. Total.
36- 124
22 56
7 24
4 17
22 57
12
3 9
2 2

FREIGHT EQUIPMENT.
M. C. R. C. S. R. Total.
Box Cars . 5,230 2,690 7,920

Second Class & Smok'g Cars 34
Pass., Baggage, & Mail Cars 17
HUL: . Mail. & Express Cars. 13
Baggage and Express Cars . a5
Postal Cars 12
Dinin^ Cars 6

Stock Cars 1,111 343 1,454

Platform Cars 2,676 532 3,208

Coal Cars 400 73 473

Oil Cars 32 3:2

Way Cars -.168 80 248

Boardin« Cars 22 6 28

Buffet Cars

Tool Cars 72 16 88

Logging Trucks 52 ... 52

Stone Cars . . 48 . 48

9,779 3,772 13,551

Total ... 205

96 301
December 31,

$4 548 994 66

Total Car Equipment.... 9,984 3,868 13,852

1891. — See tabulated statement below.
Expenses. — Transportation . $5,938,706 58

Operations for year ending
Earnings. — Passenger

Freight

9,876,306 82

Motive Power 608,240 07

Mail

260,816 54

Maintenance of Cars 1,458,376 05

Express

416,816 55

Maintenance Way and Bldgs . 2,059,461 16
General and Taxes 1,942,775 64

Miscellaneous

Total (S9.422.49 ner mile>. . .

60,025 60

..$15. 162.960 17

Total (S6.902.46 per mile). . . ... fill. 107.569 50

Net earnings, $4,055,390.67. Paid interest and rentals. $2,439,286.80. Residue, $1,616,-
103.87. Paid the Canada Southern Ry. Co. its proportion of the net income, as per agree-
ment, $446,775.70. Net revenue from traffic, $1,169,3'28.17. Add -income from investments,
$58.628.46— total net revenue (per share, $6.50), $1,227,956.63. Paid dividends, $1,030,601.-
22. Balance, surplus, $197,355.41.

Income Account, Year 1891.

Balance from 1890 $2,099,391 91 | Interest, Main Line $660,000 OC

Interest, Leased Lines 615,473 24

Rental, Leased Lines 184,310 00

Interest, Canada Southern 979,503 56

C. S. Ry. Proportion Income per Agreement 446,775 70

Dividends: 5| percent 1,030,60122

Balance, surplus, December 31, 1890 2,296,747 32

Earnings $15,162,960 17

Less Expenses and Taxes. 11,107,569 50— 4,055,390 67
Interest and Dividends . . . 58,628 46

Total $6,213,411 04

Total...

$6,213,411 04

DIVIDENDS. — For statement of dividends paid by this company to 1890, see MANUAL for
1890, page 954. During the past year dividends were paid as follows : February 1, 2 per
cent, and an extra dividend of 1 per cent., and August 1, 2 per cent.; in 1892, February 2, 2
per cent, and an extra dividend of 14- per cent.

Cfeneral Balance Sheet, December 31, 1891.

Construction $42,337,241 06

Main Line $31,083,185 59

Proprietary Lines 3,918,890 57

Leased Lines 7,335,164 90

Investments 608,686 25

Fuel" and Supplies 1,139,43162

Accounts Receivable 566,694 61

Uncollected Earnings 971.34228

Cash 798,518 07

Total Assets $46,421,913

Capital Stock (par $100) $18,738,204 00

Funded Debt 18,376,00000

Accounts Payable

Accrued Interest of 1891, payable in 1892.

Dividends Payable February 1, 1892

Income Account

To January 1, 1879 $4,609,072 31

From January 1, 1879 .... 2,296,747 32

1,461,473 62
284,579 50
655,837 14

6,905,819 63

Total Liabilities . . .

$46,421,913 89

780

POORS MANUAL — MICHIGAN CENTRAL RR. CO.

Operations, traffic, and revenue, and capital account, yearly, for seven years :

1885

1886

1887

1888

1889

1890

1891

Miles of Railroad
Passenger Train Miles. .
Freight Train Miles....
Passengers Carried
Passenger Miles
Freight (tons) Moved. . .
Freight (ton) Miles

Passenger Earnings
Freight Earning* ".
Miscellaneous

Gross Traffic Earnings. .
Expenses and Taxes

Net Traffic Earnings
Interest Paid
Interest Leased Lines. . .
Rental,etc., Leased Lines
Dividends

1,514.51
3,542,637
6.207,354
2,340,243
155,573. 989
5,236,276
1,232,477,534

3,162,342
6,906,907

638,840

1,516.12
3,946,287
5,901,143
2.592,741
171,317,751
5,345,570
1,157,413.024

3,670,826
7,93S,572
ft6,40B

1.537.14
4,035.319
6,665,377
2,762,961
182,492.458
6,014,283
1,340,673,176

4,184,887
9,809,987

670,266

1,537.14
4,221,193
6,762,802
3,007,801
185.214.984
6,231,421
1,279,412,376

4,188,983
S, 883,44(1
698,094

1,540.37
4,243,397
6,333,958
3,158.373

187,0:

6,299,948

1,208,120.21'.)

4,327,091
8,73(5,963
722,871

1,608

4,536,930
7.«K-,.S7:{
3.463,821
l'.)5.904,013
6,977,571

1,339,918,611

4,459,074
9,311,290

'7'2('.:jjs

1,009.22
4, 879. KM
7,103,151
11,884
202.290,934
7.221,002:
1,868,208,885

18,996
9,876,807

10,707,395

8,014,603

12,295,828
8,404,679

14,164,490

9,875,246

13,770,523

10,080,000

18,78

9,895, 15S

14,490,712

1(1,731,754

15,162,960-

11,107,50'.*

2,692,792
660,000
1,822,443
192,989

8,891,148

(560,000
1,732,675
591,645
(2) 374,7(54
532,065

8,110 06
5.543 54
2.566 52
68.35 p. c.
2.143 c.
0.686 c.

270.07
*396
*179
*102
*1 1,821

$

18,788,204
16,976,000
2,199,341
6,501,468

4,289,244

600,000

1,691,819
767,698

(4) 7'49,528
430,404

9,214 83
6,424 42
2,790 41
69. 72 p. c.
2.293 C.
0.694 C.

270.07
*404
*18(>
*102
*12,138
$
18,738,204
16,976,000
1,880,401
6,984,229

3,688,917
660,000
1,676,782
539,409

(4) 749,-VJS
58,198

8,958 53
6,561 93
2,396 60
73. 24 p. c.
2.262 c.
0.694 c.

270.07
*407
*177
*105
*12,186
$
18,738,204
16,976,000
1,735,224
7,097,534

3,891,767
660,000
1,668,217
599,485
(5) 936.910
27,155

8,950 40
6.423 H*
2,526 52
71 . 77 p. C.
2.306 C.
0.726 c.

270.07
*419
*178
*110
*12,661

18,738,204
17,606,000
2,485,494
6,773,612

8,758.958

660,000
1,610,022
674,667

(5) 930.910
Def. 122,641

9,004 81
0.(;<58 92
2,335 89
74.06 p. c.
2.276 C.
0.695 C.

270.07
*420
*218
*86
*12,723
S

18,738,204
18,376,000
1.769,598
6,708,462

4,055,391
660,000

1,594. '.177
681,086

(5|)l,030.00i

9, 122 49

0,902 16
•J.5'20 03
7 3. 25 p. C.
2. 249 C.
0.722C.

870.07

*421
*215
*86
•18,661

S
IS. 7 38.204
1S,376,000
2,401,890
6,905,820

Balance, Surplus t

17,360

7,069 87
5,291 88
1.7779!*
74.85 p. C.
2.033 c.
0.560 c.

270.07
*396
*186
*91
*1 1,280
$
18,738.204
15,976,000
1,907,540
5,924,212

Gross Earnings per Mile.
Gross Expenses per Mile
Net Earnings per Mile. .
Expenses to Earnings . .
Av. Rate p. Pass. p. Mile
Av. Rate p. Ton p. Mile.

Miles of Railroad Owned
Locomotive Engines. . . .
Passenger Oars

Baggage, Mail, etc., Cars
Freight Cars

Capital Stock ,

Funded Debt %
Bills and Ac'ts Payable.
Income Balance (P. & L )

Total Liabilities....

Construction Main Line.
Construction Br'chLines
Investments, etc
Fuel and Supplies
Accounts Receivable. . . .
Cash and Other Assets. .

Total Assets

42,545,956

30,870,604
8,986,790
513,503
401,233
1,081,302
• 692,524

44,415,013

30.883,734
10,078,809
503,505
268,512
330,063
2,350,390

44,578,834

30,911,401
10,085,660
594,546
655,500
651,788
1,779,939

44,546,962

30,982,054
10,099,424
597,117
629,414
679,236
1,609,720

45,603,310

30,936,&51
10,773,741
569,086
622,470
382,377
2,319,285

45,592,264

31,075,382
11,110,037
608,686
1,091,208
439,866
1,267,085

46,421,914

31,083,186
11,254,055
608,686

1,139,432
566,695

1.7(59,800

42,545,!>50

44,415,013

44,578,834

44,546,962

45,603,310

45,592,264

46,421,914

* Includes Canada Southern, t Exclusive of receipts from interest, dividends, etc. See Income Account.
% Includes $8,376,000 Michigan Central bonds, secured by mortgages on leased lines.

Land Deparment (Jackson, Lansing and Saginaw RR. Co.). — Lands sold in 1891,
9,636.98 acres, at an average qf $6.19 per acre. Received from land sales, $59,668.90 ; from
timber sales, $32,870 — total, $92,533.90. Lands remaining unsold, $276,027. 54 acres. Assets
other than lands unsold : Amount due on land contracts, $172,396.62; Ledyard, Pond and
Barnes, trustees, $34,798.39 ; Joy and Dennison, trustees, $5,000; furniture and fixtures, $1,-
282.27; sundry accounts, $1,110.47; ca«h on hand December 31, 1891, $1,421.34— total,
$216,009.09.

Land Income Account for 1891. — Receipts : Cash on hand January 1, 1891, $1,551.98 r
payments on land contracts and sales, $131,686.91; interest, $273.78; trespass, $178.06 —
total, $133,690.73. Disbursements : Deposited with Commercial National Bank of Detroit, to
the credit of Ledyard, Pond and Barnes, trustees, $96,460.39 ; taxes, $24,194.40 ; salaries,
$7,909.92 ; advertising and explorations, $1,202.10 ; miscellaneous, $2,502.58 ; balance,
$1,421.34— total, $133,«»0.73.

The rental of the Jackson, Lansing and Saginaw RR. is interest on its bonds, which are
not to exceed $8,000 per mile, and $70,750 annually in addition.

Annual meeting, Thursday following first Wednesday in May. Books close about thirty
days previously, and reopen next day after annual meeting. For dividends, books close

POOR'S MANUAL— MICHIGAN CENTRAL RR. CO.

781

about January 1. and July 1, and reopeu about three days afterdate of payment of same.
Stocks and bonds listed on New York Stock Exchange. Coupons paid by Union Trust Com-
pany, New York. N. Y.

Statement of funded debt of main and leased line?, bonds guaranteed, annual charges,
and rental payable December 31, 1891 :

DiX KIITION.

Date.

Maturity.

Amount.

Rates.

Interest.

j/;. ndt.

Michigan Air-Line 1st Mortgage
Kalamazoo and South Haven 1st Mortgage. . .

Jan. 1, 1890
Nov. 1, 1889
Mav 1, 1872

Nov. 1. 1KS2
Sept. 1
Mrh. 1, 1886
Mch. 1, 1881

Jan. 1, 1940
Nov. 1, 1939
May 1, 1902
Mav 1, 1902
Sept. 1, 1909
Sept. 1, 1909
Mch. 1, 1931

9
2,GOO,000
700,000
8,000,000
2,000,000
500,000
1,000.000
3,576,000

4 p. c., J. & J.
5 p. c.. M. & N.
7 p. c.,M. A: N.
5 p.c. M. cV N.
»p. «-.. M. & S.
6 p. c., M. ,v S.

P.C.,M.J.,S.&D

104.00000
3.-..000 00
500,000 00
100,00000
30,00000
60,00000
178,800 00

Consolidated Ust) Mortage (5 per cents)

Grand River Valley 1st Mortgage
Detroit and Bay Citv 1st Mortora°'e

Total

is37i5.ooo

250.000
421.000
2#T4\000

1,067,800 00

7,50000

I2,«:3o 00
113,70000
24.5W 00
TO.OuO UO
75000
89,00000

318,14000

21.92000
12,00000

Leased Lin? Bonds.
liav Citv and Battle Creek 1st Mortgage
Battle Creek and Sturgis 1st Mortgage
Jackson. Lansing and Saginuw Extended Con.

Dec. 1,1889
Dec. 1, 1889
Sept. 1, 1891

Dec. 1, 1989
Dec. 1, 1989
Sept. 1, 1901

3 p. c.. J. & D.

3 p. c.. .J. & D.
op. c., M. i S.
J & J

M A: S

M. A: S.
.J & J

Joliet and Northern Indiana Rental

Total

2,945,000

' 274,000
150,000

f,'uai'antefd Bond*.
Detroit and Bav Citv

Mav 1. 1872 Mav 1. l!)u2
May 1, 1873 May 1. 1903

8 p. c.. M. & N.

8 p. c., M. & N.

Detroit and Bay City (.Bridge)
Total

424,000

33,920 00
1,419,91000

694>,003 56
282,500 00
6,00000

21,745,000

* 14,000,000
*6,000,000

Canada Southern Bonds.
Fir<t Mort°racre

Jan. 1, 1878 Jan . 1. 190S
Feb.15, l883,Mch. 1, l'.H3

5 p. c., J. & J.
5 p. c.. M. Jc S.

M cY. S

Total Canada Southern

20,000,000

984,503 56

Grand Total

41,745,0(30

2,404,363 56

* These represent the amounts authorized, the interest shown being the amount actually paid during the year.

The consolidated mortgage bonds are of £1,000 each, secured upon the main line (with
89 miles of double track), coupon with provision for registration of principal.

The Michigan Air-Line 1st mortgage bonds are coupon ($1,000) and registered ($1,000
and $5,000) 50-year bonds, secured by a 1st mortgage on the old Michigan Air-Line (Jack-
son, Mich., to South Bend, Ind., 115 miles). Interest on these bonds is payable on the first
days »>f January and July at the office of the trustee, the Union Trust Company, New York,
N. Y. The total amount of honds authorized under this mortgage is $2,600,000 ($22,500 per
mile), all of which hare been issued. Of these bonds. $1,900,000 have been used to retire a
like amount of 8 per cent. 1st mortgage bonds, which matured January 1, 1890 ; §300,000
were used for the purpose of refunding to the Michigan Central Railroad Company part of
the amount expe'nded by it on the Air- Line Railroad : $200,000 were used in the 1st mortgage
8 per cent, bonds of the Michigan Air-Line, which matured November 1, 1890. and the re-
mainder, $200,000, have been added to the "Construction Account of Leased Lines."

The Detroit and Bay City 1st mortgage 5 per cent, bonds are an obligation of the Michigan
Central RR. Co., which issued them at the time of the acquirement of that road. Thnse
bonds are $1,000 each, coupon and registered. Coupon bonds may be exchanged between
March 1 and May 1, or between September 1 and November 1, for registered certificates; and
interest is paid quarterly — March, June, September, and December.

Trustee of bonds. Union Trust Co. of New York ; interest on all classes paid by same.

The Canada Southern first mortgage bonds are $1,000 each, coupon, and secured upon

782 POOR'S MANUAL — MICHIGAN CENTRAL SYSTEM.

the main line and branches owned, 324.84 miles ; interest guaranteed for first 20 years by
the New York Central and Hudson River RR. Co. The seconds are coupon and registered,
with provision for exchange of coupon bonds for registered certificates of $1,000, $5,000, and
$19,000 secured by a mortgage on the Canada Southern RR. and undertaking, and all its
equipment, appurtenances, and property of every kind, as weil as upon its proprietary interests
in the Canada Southern Bridge Co., the Erie and Niagara RR. Co. (road extending from
Niagara to Old Fort Erie, 30.60 miles), the Toledo, Canada Southern and Detroit RR. Co.,
and the Michigan. Midland and Canada RR. Co., and on any and all branch lines to be con-
structed or acquired, and the bridge over the Niagara river ; subject only to the first mort-
gage of $14,000,000. These bonds are issued in accordance with Section 5 of the first part of
an agreement dated December 12, 1882, between this company and the Michigan Central RR.
Co., which provides for certain new lines, improvements, etc.

RAILROADS LEASED OR OPERATED BY THE MICHIGAN CENTRAL RR. Co.

operated, part, by the Michigan Central, and part by the Lake Shore and Michigan Southern, as above. Capital
stock (par, $100), $500,000. Funded debt, $500,000— total stock and bonds, $1,000,000. Annnal meeting, first
Wednesday in June, at Detroit, Mich. H. B. LEDYARB, President / Henry Russell, Vice- President : D. A. Water-
man, Secretary and Treasurer, Detroit, Mich. GENERAL OFFICE, Detroit, Mich.

BAY CITY AND BATTLE CREEK RAILROAD. -West Bay City to Findley, Mich., 18 miles.
Sidings, 1.78 miles. Gauge, 4 ft. 8i in. Rail (steel), 60 Ibs. Chartered November 14, 1889 ; road opened December
27, 1889. Passed into control of the Michigan Central RR. Co., June 1, 1890, through ownership of stock. Capital
stock (par, $100), $300,000. Funded debt (see bond statement of the Michigan Central), $250,000— total stock and
bonds, $550,000. H. B. LEDYARB, President ; Henry Russell, Vice- President ; D. A. Waterman, Secretary and
Treasurer, Detroit, Mich. GENERAL OFFICE, Detroit, Mich.

DETROIT AND BAY CITY RAILROAD. —Main Line : Detroit to Bay City, Mich., 109 miles.
Branches : Detroit Belt Line, 4.39 ; Caro Junction to Caro, 12.75 ; Denmark Junction to Saginaw, 16.75. Bay
City Belt Line, 3.43— total length of lines owned, 146.32 miles. Sidings, 55.45 miles. In addition the Bay City
Street and Transfer Ry. (5.10 miles) is leased. Organized May 6, 1871 ; main line opened to Bay City July 31,
1873 ; default made in May, 1875 ; property sold under foreclosure February 12, 1881, for $3,866,886, and purchased
on account of M. C. RR. Co., which on April 1, 1881, took a lease of the road and assumed its debts, the M. C. RR.
Co. issuing its 50-year 5 per cent, bonds, secured by a first mortgage on the Bay City property to the amount of
$4,000,000. CORNELIUS VANDERBILT, President ; E. D. Worcester, Secretary, New York City.

G-RAND RIVER VALLEY RAILROAD.— Rives Junction, Mich., to Grand Rapids, Mich., 83.79
miles. Sidings, 15.87 miles. Chartered in May, 1846 ; road opened through in the spring of 1870. Leased in per-
petuity to the M. C. RR. Co., which pays interest ($90,000) on bonds, and a further rental equivalent to 5 per cent.
($24,560) on stock. Dividends payable 15th January and July, at Jackson, Mich. Interest payable in New York,
N Y Capital stock (authorized, $1,000,000 ; par, $50), $491,200 ; funded debt (seeM. C. RR. bond statement),
$1,500,000 ; total stock and bonds, $1,991,200. Contra : Cost of road, $2.867,054. W. H. WITHINGTON, Vice-
President, Jackson, Mich.; E. W. Barber, Secretary and Treasurer, Jackson, Mich.

JACKSON LANSING AND SAGINAW RAILROAD. -Jackson, Mich., to the Straits of
Mackinac, Mich. ,-295.10 miles; 2d track, 3.22 miles. Sidings, 200.72 miles. Organized February 24, 1865, and
bought the incomplete Amboy, Lansing and Traverse Bay RR., which had been opened between Owosso and
Lansing in 1863. Leased September 1, 1871, to M. C. RR. Co., to which it transferred its land grant. Rental in
1890, $70,750, and interest paid on bonds, $180,337.24. Capital stock, $2,000,000 ; funded debt (see M. C. RR. bond
statement), $2,274,000— total, $4,274,000. Cost of construction to December 31, 1882. $8,071,358. The extension
to the Straits of Mackinac was completed January, 1882, and the Company issued $1,100,000 6 per cent, extension
bonds, payment guaranteed from proceeds of land sales, and guaranteed by the M. C. RR. Co. (See M. C. balance
sheet.) H. A. HAYDEN, President, Jackson, Mich.; W. D. Thompson, Treasurer, Jackson, Mich.; I. M. Barnes,
Secretary, Lansing, Mich. GENERAL OFFICE, Lansing, Mich.

JOLIET AND NORTHERN INDIANA RAILROAD.-Lake, Ind., to Joliet, 111., 45 miles.

Leased in perpetuity from September 7, 1854 (date of completion), to the M. C. RR. Co., which owns nearly all of
k ; rental, $89,000. Dividends January and July, each 4 per cent., $24,000 ; interest, 7 per cent., $56,000.

its stock

Capital stock. $300,000 ; funded debt, 1st mortgage 7 per cent. 3U-year bonds, due July 1. 1907, $800,000— total
(representing cost of road, etc.), $1,100,000. Existing bonds were exchanged for old 8 per cent, bonds. C. VAN-
DERBILT, President; E. D. Worcester, Secretary ; Henry Pratt, Treasurer, New York City.

KALAMAZOO AND SOUTH HAVEN RAILROAD.— Kalamazoo to South Haven, Mich.,
39.50 ; sidings, 4.21 miles. Rail (steel, 39.50 miles), 65 Ibs. Articles filed April 15, 1869 ; road opened January 2,
1871 Leased to M. C. RR. Co.; rental (interest on bonds), $37,100. Capital stock, $325,400 ; funded debt (as-
sumed by lessees), $700,000— total, $l,015,4ro. Contra : Cost of road, $1,035,400. ASHLEY POND, President ;
D. A. Waterman, Secretary and Treasurer, Detroit, Mich.

MICHIGAN AIR-LINE RAILROAD.— Jackson, Mich., to South Bend, Ind., 115.16 ; sidings,
22.77 miles. Rail (steel, 115.16 miles), 65 Ibs. Articles for western section filed August 25. 1868, and October 11,
1870 ; consolidated with St. Joseph Valley RR. Co. October 11, 1870 ; completed in February, 1871, and leased
from that date to the M. C. RR. Co., at a rental equal to the interest accruing OH the bonds issued. Capital stock,
$4,000,000. Funded debt (see M. C. bond statement), $2,600,000. H. B. LEDYARD, President ; D. A. Waterman,
Secretary and Treasurer, Detroit, Mich.

SAGINAW BAY AND NORTHWESTERN RAILROAD.— Pinconning Bay to Gladwin,
Mich., '28.72 miles ; sundry branches into woods, 58.49 miles— total length of main line and branches, 87.21 miles.
Sidin"-s, 5.27 miles. Gauge, 4 ft. 8£ in. Rail (steel, 89.31 miles), 65 Ibs. Road opened May, 1879. Stock is con-
trolled and road operated Dy the Michigan Central RR. Co. Capital stock (par, $100), $200,000. No bonded or
floating debt. Cost of construction, $225,526.15. Annual meeting, first Thursday after first Wednesday in May.
ASHLEY POND, President ; D. A. Waterman, Secretary, Treasurer, and Transfer Agent, Detroit, Mich. GENERAL
OFFICE, Detroit, Mich.

POOR'S MANUAL — MICHIGAN CENTRAL SYSTEM. 783

CANADA SOUTHERN SYSTEM— OPERATED BY THE M. C. RR. Co.

CANADA SOUTHERN RAILWAY.— Windsor, Ont., to Suspension Bridge, 2:.'f;.i8 miles : St. Clair
Ilrnm-h : St. rlair Junction. On:., to Coortright, fci.63 miles : Eii> "//'/ Mi'inru /,'//..- Niagara to Old Fort Erie,

Ont.. 80.60 mile« : Amli> mtbury ///•////.-// .- Ainhorstburir to Essex Centre. Out., 15.70 miles ; Oil Springs Hrn/K-h ;

: /'/.,f r'.nf Jlnnfh : Welland Junction to Fort Erie, Ont., 17.50 miles ;

Oil City to Oil Springs, Ont.. 5.50 miles

Clit'ir A' A'./ Comber to Leamington, 13.80 miles — total in Canada, 371. HI miles ; 2d track,
I7JM miles : sidings, 19o.SX miles. Kail (steel. — miles), 60 Ibs. The company also owns and controls the
Sarnia, Chatham and Erie Kv., 7 miles, the Toledo, Canada Southern and Detroit Ry., 55.87 miles, the Michigan
Midland and Canada Ry., 14.68 miles, the Toledo Belt Line, 3.05 miles, and the Canada Southern Bridge, 3.66
miles. Total length of line operated. 456.71 miles. Chartered in Canada February 28, 1868 ; entire line opened
November 15, 1873. Shortly after compJetion the company defaulted on bond interest, and in 1878, under author-
ity of a special act of Parliament the old bonds were exchanged for new bonds, bearing interest at 3 per cent, for
irs and 5 per cent, thereafter. The interest on the new issue is guaranteed by the New York Central and
Hudson River RR. Co. for twenty years from January 1, 1878- An agreement to run for 21 years, from January 1,
1883, has been made with the Michigan Central RR. Co., by the terms of which the M. C. Co. is to operate this
company's roads in connection with its own, the gross earnings of the whole system to be applied first to the pay-
ment of the operating expenses and fixed charges of both companies, and the net surplus to be then divided in
the proportion of two-thirds to the M. C. and one-third to this company. During 1887 the company acquired
trackage rights over the London and Port Stanley Ry. from St. Thomas to London, Ont., a distance of 15 miles.
On March 1, 1889. this company took possession under lease for 15 years of the Leamington and St. Clair RR. at a
rental of $6,000 per annum for the first 5 years, $6,600 per annum for the second 5 years, and $7,200 per annum
for the third 5 years ; but this company has the option of purchasing the road and property at any time during
the 15 years for the sum of $135,000 or its equivalent in bonds acceptable to that company. Early in July, 1889,
a consolidation was effected between this company and the Erie and Niagara Ry. Co., in accordance with legis-
lative powers previously acquired.

Rolling Stock.— See statement of the Michigan Central RR. Co.

•<>>int. December 31, 1891.— One-third M. C. RR. Co. net earnings. $446,775.70 ; balance from 1890,
$215,?33.26 ; other receipts, $5,907.98— total, $668,416.94. Paid dividends (No. 13, August 1, 1891, 1± P«* cent.;
and No. 14, February 1, 1892, 1J per cent., and 4- per cent, extra), $450.000. Surplus, $218,416.94.

Financial Statement, December 31, 1891.— Capital stock, $15,000,000: funded debt, $19.573.600.59; dividends,
$262,500; income account, $218,416.94— total, $35,054.517.53. Contra: Construction and equipment, $28,594,-
063.73 : stocks and bonds, $5.952,722.60 ; other investments. $13,545.25 ; bills and accounts receivable, $468.61 ;
due from Michigan Central RR. Co.. $287.409.67 ; cash, $206,307.67— total, $35.054,517.53.

Funded debt consisted, December 31. I8C1, of—
1st mortgage 5 per cent. 30-year bonds, due June 1, 1908 : interest January and July ............... $13.923,600 59

3d mortgage 5 per cent. 30-year bonds, due March 1, 1913 : interest March and September .......... 5,650,000 00

Included in 1st mortgage bonds are $3,529.07 held against old 1st and 2d mortgage bonds not yet refunded.

The 1st mortgage bonds carried 3 per cent, per annum to January 1, 1881. Interest is guaranteed by New
York Central and Hudson River RR. Co. for the first 20 years, and is payable at New York, January 1 and July 1,
by the Union Trust Co.

Stocks and Bonds.— Stocks: Canada Southern Bridge Co., $450,000; Toledo, Canada Southern and Detroit
Ry. Co., $1,547,662.50 : Michigan Midland and Canada RR. Co.. $262.925 : Sarnia, Chatham and Erie Ry. Co.,
$33.000 : Niagara River Bridge Co., $700,000 ; other companies, $59,762.60— total, §3.053.350.10. First Mortgage
B«r,rls: Canada Southern Bridge Co., $1,000, 000; Toledo, Canada Southern and Detroit Ry. Co., $1.509.737.50 ;
Michigan Midland and Canada RR. Co., $323,635 ; Sarnia, Chatham and Erie Ry. Co., $66,000— total, $2.899,372.50.

Annual meeting, at St. Thomas, Ont, first Wednesday in June. Books close about thirty daye before meet-
ing. Books close for dividends thirty days previous to payment of same. Stocks and bonds listed at the New
York Stock Exchange. Dividend days, February 1 and August 1. Dividends payable at Grand Central Depot,
New York ; interest at office of Union Trust Co., New York. Transfer agent. F. Middlebrook, Grand Central
Depot, New York : registrar of stock, Union Trust Co., New York ; trustees of bonds. Cornelius 7anderbilt and
Chauncey M. Depew.

Directors.— Cornelius Vanderbilt, Wm. K. Vanderbilt, Samuel F.Barger, Sidney Dillon, Edward A. Wickes,
Chauncey M. Depew, Joseph E. Brown. Charles F. Cox. New York, N. Y.; James Tillinghast, Buffalo, N. T.
CORNELIUS VANDERBILT, President, New York, N. YT.: Charles F. Cox, Vice-Prexidtiit, New York. N. Y.; Nicol
Kingsmill, Secretary, Toronto, Ont.; Allyn Cox, Treasurer and Assistant Secretary, New York. N.Y. PRINCIPAL
OFFICE AND ADDRESS, St. Thomas, Ont.; Financial and Transfer Office, Room 45, Grand Central Station, New
York, N. Y.

CANADA SOUTHERN BRIDGE.— Slocum Junction to Stony Island, 3.66 miles ; total track. 1-2.72
miles. Gauge, 4 ft. 8^-in. Rail (steel), 56 Ibs. Organized August 20, 1873 ; opened September, 1873. Operated
in connection with the Canada Southern (which owns all its stocks and bonds), by the Michigan Central RR. Co.
Capital stock, $450,000 ; funded debt, let mortgage 7 per cent. 30-year bonds, due February 1, 1904. interest Feb-
ruary and August. $1,000.000 ; unfunded debt, $894,077.45— total, $2.344,077.45. Contra: Cost of road. $1.790.-
977.05; deficit, $563,100.40. J. TILLINGHAST, President; C. F. Cox, Secretary and Treasurer, New York, N. Y.

LEAMINGTON AND ST. CLAIR RAILWAY.-Lake Erie, near Leamington, Ont., to Comber,
Ont. ,15.90 miles. Sidings, 4. 85 miles. Gauge, 4 ft. 8i in. Rail (steel), 56 Ibs. Chartered May 2, 1887 ; road opened
throughout in November, 1888. Leased for fifteen years from March 1, 1889, to the Canada Southern Ry. For
terms of lease see lessee's statement preceding. Capital stock, paid in, $50,000 ; funded debt. 1st mort^a^e 5 per
cent, bonds, dated April 1, 1889, due October 1, 1903 ; interest payable April 1, and October 1, $135,000— total stock
and bonds, $185,000. Contra : Cost of road, $180,000. The bonds are endorsed by the Canada Southern Ry. Co.
and assented to by the Michigan Central RR. Co. Annual meeting, first Wednesday in June. Interest payable
at the office of the Union Trust Co., New York, N. Y. Directors : Lewis Wigle, Georse F. Cronk, Leamington,
Ont.; James Ross, Montreal, Qne. ; Nicol Kingsmill, Harry Symons, Dyce Saunders/William Percy Torrance,
Toronto, Ont. LEWIS WIGLE, President, Leamington, Ont; Nicol Kingsmill. Secretary, Toronto, Ont. PRINCIPAL
OFFICE AND ADDRESS, St. Thomas. Ont.

MICHIGAN MIDLAND AND CANADA RAILROAD.— St. Clair. Mich., to Ridgeway, Mich..

58 miles. Sidings, etc., .81 mile. Gauge. 4 ft. 8i in. Chartered September 17. 1872. Road opened December

4, 1874. Stock of this company is controlled by the Canada Southern Ry. Co., and road operated by the Michigan

Central RR. Co. as a part of the Canada Southern system of roads under an agreement for joint operation made

December 12, 1882, between the Michigan Central and Canada Southern RR. Cos. Capital stock (par, $100), $300,-

>; funded debt (1st mortgage 7 percent. 27-year coupon bonds, dated July 1, 1873: interest payable in New

'ork City. January and July), $323,635 : unfunded debt, $338,373.46— total. $962.010.46. Contra : Cost of road.

.342.02. Annual meeting, first Thursday after first Wednesday in June. JAMES TILLFNGHAST, President •

Charles F. Cox, Secretary and Treasurer, New York, N. Y. PRINCIPAL OFFICE AND ADDRESS. Detroit, Mich'.

Transfer Office, New York, N. Y.

TOLEDO CANADA SOUTHERN AND DETROIT RAILWAY. -Springwells, Mich., to
Toledo, O., 55.87 miles. Sidings, etc., 46.51 miles. Gauge, 4 ft. 84 in. Consolidation. July 19, 1872, of the Detroit

784 POOR'S MANUAL OF RAILROADS.

and State Line RR. Co. of Michigan, and Junction Ry. Co. of Ohio. Stock and bonds owned by the Canada
Southern Ry. Co. and the road is operated by the Michigan Central RR. Co., as a part of the Canada Southern
system of roads under an agreement for joint operation, made December 12. 1882, between the Michigan Central
and Canada Southern RR. Cos. Capital stock (par, $100 ; authorized, |8,000,000), S1-"17.(Hi-J.5D ; funded debt (1st
mortgage 7 per cent, gold bonds, dated August 1, 1872, due January 1, 1906 : interest payable January and July in
New York city. $1,500,000 ; 1st mortgage bond scrip, $11,737.50), $1,511,737.50 ; unfunded debt, $1,776,430.58—
total, $4.835,830.58. Contra: Construction, $8,064,889.39. Annual meeting, first Thursday after the first Wednes-
day in June. JAMES TILI.INGHAST, Fwitiriit ; Charles F. Cox, Secretary and Trnitunr, New York, N. Y.
PRINCIPAL OFFICE AND ADDRESS, Detroit, Mich. Transfer Orlice, New York, N. Y.

Board of Directors, M. C. RR. Co., elected May 5, 1892.
CORNELIUS VANDERBILT, Chairman oftJie Board New York, N. Y.

Henry B. Ledyard Detroit. Mich.

Cor. Vanderbilt. . . .New York. N. Y.
Chauncey M. Depew. "

Samuel F. Barger. .New York, N. Y.

Win. K. Vanderbilt

E. D. Worcester... " "

Ashley Pond Detroit, Mich.

Fred. W.Vandcrbilt.New York,N.Y.
Fred'k S. Winston. . . .Chicago, 111.

H. B. LEDYARD, President and General Manager Detroit, Mich.

E. D. Worcester, Vice-President and Secretary New York, N. Y.

Treasurer— Henry Pratt New York, N. Y. | Auditor— D. A. Waterman Detroit, Mich.

General Superintendent— Robert Miller Detroit, Mich.

QEKEBAL OFFICES ' \ *™ °' ™* *"?*• "< ***•

I Monadnock Building, Chicago, 111.

Financial Department Grand Central Station, New York City.

MIDDLE AND EAST TENNESSEE CENTRAL RAILWAY COMPANY.

Projected Line of Road. — Gallatin, Tenn., to Knoxville, Tenn 165 miles.

Completed : Gallatin, Tenn., to Hartsville, Teun . 12 miles.

Sidings, 1 mile. Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs.

History.— Chartered February 12, 1883. Road built in 1890 and opened January 1, 1892.
Owned and operated by J. C. Rodemer & Co., lessees.

Rolling Stock. — Locomotive engine, 1. Cars — passenger, 1 ; freight (box, 5 ; platform,
5), 10; caboose, 1 ; other, 2 — total cars, 14.

Financial Statement, May 2, 1892.— Capital stock (par, $25) authorized— common. $300.-
000; preferred, $150,000 — paid in, preferred stock, $22,000 ; funded debt (1st mortgage 6 per
cent. 30-year bonds, dated July 1, 1890) outstanding, $125,000, secured on the 12 miles of
completed road as above. Contra : Cost of road, $140,000 ; rolling stock, $9,500 ; real estate,
etc., $2,500— total, $152,000.

Interest on bonds payable at the United States National Bank, New York, N. Y. Trustee.
Nashville Trust Co., Nashville, Tenn. Preferred stock is entitled to 6 per cent, dividends.

Directors— J. A. Trousdale, Gallatin, Tenn. ; W. G. Winston, Jno. P. Andrews, W. H.
Hale, J. M. Oglesby, A. S. Reeves, N. D. Winston, Hartsville, Tenn.

W. B. HALE, President Hartsville, Tenn.

Tr«Murer—K. S. Reeves Hartsville, Tenn. | Secretary— P. W. Hager Harteville, Tenn.

General- Manager — J. C. Rodemer. ... Gallatin, Tenn.

PRINCIPAL OFFICE AND ADDRESS Gallatin, Tenn.

MIDDLESBOROUGH BELT RAILROAD COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused.}

Main Line of Road. — Around city of Middlesborough, Ky 11.14 miles.

Branches : Bennett's Fork, 5.33 ; Stony Fork, 3.99 ; New Cabin Fork, 0.78 10.10 miles.

Total length of all lines completed December 31, 1891 21.24 miles.

Sidings, etc., 6.41 miles. Gauge, 4 ft. 8i in. Rail (steel), 60 Ibs.

History. — Chartered March 1, 1890 ; road completed as above during 1891.

Rolling Stock. — Locomotive engines (owned, 2 ; car trust, 1), 3, Cars — pas^
owned, 1 ; car trust, 1), 2 ; baggage, etc. (car trust), 1 ; coal (car trust), 200 — total car^, 203.

Operations, etc. —Not reported.

Financial Statement, January 1, 1891.— Capital stock authorized (par, $50), $1,000,000.
Funded debt consists of 1st mortgage 6 per cent. 40-year $1,000 coupon bonds, due July.
1930, interest payable January and July ; authorized, $1,000,000 ; outstanding, $424,000.

POOR'S MANUAL OF RAILROADS. 785

Bonds are authorized at the rate of $25,000, and issued at the rate of $20,000 per mile.
Interest payable at New York, N. Y.

Annual meeting:, March 8, at Middlesborough, Ky. ; books close ten days previously.
Trustee of bonds, Atlantic Trust Co.. New York City.

Directors.— A. A. Arthur, J. W. Wilson, John B. Gary, F. J. Hoyle, Middlesborough,
Ky.: II. F. Pollock, London, Eng.

ALEXANDER A. ARTHUR, President Middlesborough, Ky.

'/—Jolm B. Cary Midcllesborongh, Ky. | Treasurer— ML. R. Gay Knoxville, Tenn.

PRINCIPAL OFFICE AND ADDRESS Middlesborough, Ky.

MILWAUKEE, LAKE SHORE AND WESTERN RAILWAY COMPANY.

._.,-. - „ , (L. S. June, near Milwaukee to Ashland, Wis 386.13 miles.

Mam Lines of Road : j Monico to Hurley> VVis 88.13 miies.

Tiro Rivers Branch : Two Rivers June, to Two Rivers 6.35

Othko&h. Branch : Hortonville to Oshkosh 23.10

oli-fidd Branch : Eland Junction to Marshfield w 63.87

f River Branch 11.92

Hurley and Pence Branch 16.91

Onianagon River Branch 24.52

W»lf <tn<l Wi*i'oii*in Rivers Road Branch 22.39

Branches to Mines, 33.35 ; to Industrial establishments, 47.45 80.80—249.86 miles.

Leased: St. P. E. G. T. Ry. : Clintonville to Oconto, 56 ; spurs, 4.02 60.02 miles.

Trackage : 0. & N. W. Ry. : L. S. Junction to Milwaukee, VVis 3.60 miles.

Total length of lines (of which owned. 724.12 miies) 787.74 miles.

Average number of miles operated during the year 711.43 miles.

Sidings, etc., 172.60 miles; total track owned (steel, 755.81 miles), 896.72 miles. Gauge, 4
ft. 8i in. Rail, 52 to 72 Ibs.

Of the 47.45 miles of spurs owned by this company, 29.95 miles are leased, leaving total
length of line operated December 31, 1891, 757.79 miles.

History. — This company was organized December 11, 1875, by the purchasers of the
Milwaukee, Manitowoc and Green Bay RR. and Appleton and New London Ry., which were
sold under foreclosure on the day previous. (For history of the companies which built these
roads, and for statement showing the progress of construction and date of the opening of the
several lines now forming the Milwaukee, Lake Shore and Western Ry. system, see MANUAL
for 1888, page 497, and for 1891 page 773). During the past year the Wansau branch was
extended from Wansau to Marshfield, a distance of 40.58 miles.

In December, 1891, the stock of this company was exchanged for the stock of the
Chicago and Northwestern Ry. Co. on the following basis : 10 shares of C. & N. W. common
for 9 shares of M. L. & W. preferred and 3j per cent, in ca>h ; also 4 shares of C. & N. W.
common for 5 of M. L. S. & W. The road is operated separately.

Rolling' Stock, December 31, 1891. — Locomotive engines, 112. Cars — passenger, 50 ;
baggage, mail, and express, 17; freight (box, 2,483 ; refrigerator, 20 ; stock, 55 ; flat, 1,024 ;
ore, 950 ; gondola, 300; charcoal, 23; logging, 29 ; caboose, 56), 4,940 — total revenue cars,
5,007. Also 5 steam excavators, 4 wrecking, 2 tool, 2 pile-drivers, 7 flangers, I rotary snow-
plough, 2 ditching, 8 boarding, and 2 business cars.

Operations for year ending December 31, 1891.— See tabulated statement on page 786.
Earnings.— Passenger £626,509 33 Expenses.— Transportation $1,165.211 77

Freight 2,794,176 58

Mail 62.783 61

Express 47/273 07

Miscellaneous 3,361 28

Total ($4,967.81 per mile) $3,534,103 87

Motive Power and Cars 253,517 71

Maintenance Way & Buildings 432,456 25

General 212,982 94

Taxes 153,478 co

Total ($3,117.29 per mile) §2,217,646 72

Net earnings (37.25 per cent.), $1,316,457.15. Add miscellaneous receipts, $4,750.21—
total income, $1,321,207.36. Payments: Interest on bonds (as follows: Consolidated 1st
mortgage, $300,000 ; Michigan Division, 1st mortgage, $76,860 ; Ashland Division, 1st mort-
50

786 POOR'S MANUAL — MILWAUKEE, LAKE SHOEE AND WESTERN RY. co.

gage, $60,000 ; Hurley and Ontonagon River Division, 1st mortgage, $7,875 ; equipment bonds
of 1882, $2,500; equipment bonds of 1885, $24,000 ; convertible debentures of 1907, $27,200;.
extension and improvement sinking fund mortgage bonds, $180,366.66 ; income bonds,
$30,000 ; Marshfield Extension debenture notes, $5,250 ; St. Paul E. G. T. Ry. 1st mortgage,
$34,694.78), $748,746.44 ; rentals (St. Paul Eastern Grand Trunk Ry., $17,185.22 ; Chicago
and Northwestern Ry., $20,318.37), $37,503.59; interest and exchange, $2,086.09 ; bonds
redeemed (equipment bonds of 1882, $30,000; Hurley and Ontonagon Branch bonds, $25,000),
$55,000; sinking fund (for redemption of 100 equipment bonds of 1885), $105,000; dividends
on preferred stock (3£ percent, each on August 15, 1891, and February 15, 1892), $350,000 —
total, $1,298,336.12. Balance, surplus, $22,871.24. Surplus forward, $532,717.41— total,
$555,588.65. A semi-annual dividend of 3| per cent, on the preferred stock was paid Feb-
ruary 15, 1892.

Statement of operations, etc., for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Miles Operated (average). . .
Passenger Train Miles
Freight Train Miles
Passengers Carried
Passenger Miles
Freight (tons) Moved

405.80
408,955
483,208
278,440
10,084,697
432,320
38,593,270

321,822
723,665
68,839

526.9
' 512,952
660,924
303,265
11,166,341
617,360
50,941,940

362,708
928,118
74,452

554.9
621,094
873,171
396,644
16,064,836
1,464,902
105,610,560

' 505,999
1,742,459
69,344

577.05
805,967
1,195,583
558,830
24,606,643
2,023,797
176,999,974

685,790
2,420,331
74,560

606.16
828,765
1,233,466
505,546
20,996,318
1,120,836
191,086,049
$
562,083
2,161,683
113,017

659.10
866,057
1,526,718
547,275
22,273,484
2,845,535
264,044,948

584,282
2,793,296
97,089

693.46
909,726
1,732,082
636,882
22,641,258
3,437,199
293,594,139

597,293
3,148,308
102,966

711.43
887,791
1,546,342
711.307
24,354,5,35
2,961,242
246,544,773
$
626,509
2,794,177
113.418

Freight (tons) Miles

Passenger Earnings
Freight Earnings
Miscellaneous Receipts

Gross Traffic Earnings
Gross Operating Expenses.

Net Traffic Earnings

1,114,316
743,823

1,365,278
944,389

2,317,802
1,322,602

3,180,681
1,940,358

2,836,783
1,745,009

3,474,667
1,954,204

3,848,567
2,415,929

3,534,104
2,217,647

370,493

2,062

420,899
9,529

995,200
36,181

1,240,323
47,733

1,091,744
12,989

1,520,463
15,294

1,432,638
24,866

1,316,457
4,750

Other Receipts
Available Revenue . . .....

372,555

285,444
1,199

430,418
342,648
24,197

1,031,381
480,271
26,940
130.000
175,000
192,080
+ 27,090
3,176 47
2,383 50
1,193 47
57.06 p. c.
3.15 c.
1.65 c.

7,000,000
8,261,000
534,577
220,000
316,755

1,288,056
517,687
31,307
155,000
430,000

1,104,763
579,620
29,277
155,000
300,000

1,535,757
671,499
31,764
55,000
490,000

1,457,504
703,050
37,870
55,000
506,289
105,000
+ 50,295
5,549 80
3,48388
2,065 92
62.77 p. c.
2.64 c.
1.07 c.
$
7,232,700
12,176,000
1,087,891
640,000
532,717

1,321,207
748,746
37,504
55,000
350,000
107,086
+ 22,871
4,967 81
3,117 29
1,850 52
62.75 p. c.
2.57 c.
1.18 c.

7,650,000
13,284,000
836,229
795,000
555,589

Rentals

Dividends

Other Payments.

Balance ( + or — )
Gross Earnings per Mile —
Gross Expenses per Mile . . .
Net Earnings per Mile
Expenses to Earnings
Aver. Pass. Mile Rate
Aver. Ton-Mile Rate

Capital Stock
Funded Debt
Bills Accounts etc

+ 85,912
2.745 97
1.832 98
912 99
66.75 p. C.
3.19 C.
1.87C.

6,750,000
6.605,000
475,479

+ 63,573
2,591 15
1,791 &5
79880
69. 17 p. c.
3.25 c.
1.82 c.
$
6,900,000
7,797,000
515,490

+ 154,062
5,511 96
3,362 55
2,149 41
61.01 p. c.
2.78 c.
1.36 c.

$

7,000,000
9,262,000
996,782
375,000
154,062

+ 40,866
4,679 92
2,878 79
1,801 13
61. 51 p. c.
2.67 c.
1.13 c.

7,000,000
10,275,000
804,469
530,000
194,928

+ 287,494
5,271 84
2,964 96
2,30688
56. 24 p. c.
2.62 c.
1.06 c.
$
7,000,000
11,296,000
754,826
585,000
482,422

Profit and Loss
Total Liabilities

373,568

379,664

14,204,047
13,816,081
89,013
107,166
34,427
157,360

15,592,154
15,031,006
109,507
82,215
38,482
330,944

16,332.332
15,728,786
118,053
120,447
95,786
269,260

17,787,844
16,962,829
92,505
194,981
206,502
&31,027

18,804,397
18,050,725
202,000
161,188
214,019
176,465

20,118,248
19,198,447
222,000
203,726
255,184
238,891

21,669,308
20,445,078
222,000
353,812
177,578
470,840

23,120,818
21,621,899
222,000
383,519
414,599
478,801

Road and Equipment
Stock and Bonds

Materials and Fuel

Current Accounts
Cash on Hand

Total Assets

14,204,047

15,592,154

16,332,a32

17,787,844

18,804,397

20,118,248

21,669,308

23,120,818

General Balance Sheet, December 30, 1891.

Cost of Road and Equipment $21,621,899 04

Materials and Fuel on Hand 383,51881

Sundry Stocks and Bonds 222,000 00

Current Accounts 171,259 06

Bills Receivable 243,34000

Cash on Hand ... 478,800 62

Total Assets $23,120,81753

Capital Stock $7,650,000 00

Funded Debt Outstanding 13,284,000 00

Bills Payable 150,000 00

Current Account? 191,889 32

Accrued Interest on Bonds 214,339 56

Dividends Payable February 15, 1892 175,000 00

Redeemed Bonds 795,000 00

Sinking Fund 105,000 00

Profit and LOBS 555,588 65

Total Liabilities. . . ... $23. 120.817 53

POOR'S MANUAL — MILWAUKEE, LAKE SHORE AND WESTERN RY. CO. 787

Statement of funded delt outstanding ($13,284,000), December 31, 1891 :

Consol 1st mt^e L. S. Junction to State Line and branches in Wisconsin, 416 miles, 6 per cent. 40-year

bonds, due°May 1, 1921. interest May and November .$5,000,000

Mich. Div. (State Line to Montreal River and mine branches in Michigan), 6 per cent. 40-year bonds,

due 1924. interest .January and July 1,281,000

Ashland Div i Montreal Kiver to Ashland), 6 p. c. 40-year bonds, due 1925, int. March and September... 1,000,000

Hurley and Ontonagon Br. 6 per cent. 10-year bonds, due 18%, interest April and October 125,000

Emmmicnt 8 per cent. 10-year bonds, due in 1892, interest January and July 30,000

uipment f, p c 10-year bonds (100 bonds due each year, 1890 to 1895), dated 1885, int. Jan. and July. 400,000

Income <i per cent. 30-year $1,000 bonds, due May 1, 1911, interest May and November . . 500,000

Convertible debentures, 5 p. c. 20-year $1,000 gold coupon bonds, due Feb. 1, 1907, int. Feb. and Aug. . 544,000

Extension and imp. s. f . 5 per cent. 40-year bonds, due Feb. 1, 1929. interest February and August 4.104,000

Marshfleld Extension 6 per cent. 3-year debenture notes, due 1894, interest June and December 300,000

The amount of consolidated mortgage bonds authorized and issued is $5,000,000. At the
time of creation of the mortgage $3,000,000 bonds were reserved for retiring sectional mort-
gage and equipment bonds and for other lawful purposes, while the remainder of the bonds
have since been issued on 168.66 miles of new road at the rate of $12,000 per mile.

The convertible debenture bonds are convertible into common stock at the option of the
holder within ten days after the date fixed for payment of dividend on common stock ; 10
shares for $1,000 bond.

The authorized issue of the extension and improvement sinking fund bonds is $5,000,000,
of which $2,000,000 are reserved to retire the debentures of 1907 — $1,456,000 of the latter
having been exchanged for extension and improvement bonds up to date. The remainder
of the bonds will be issued as required for betterments, new construction, and equipment.
The mortgage under which these bonds were issued covers the whole road and branches con-
structed at date of issue, February 1, 1889, but is subject to prior mortgages. The sinking
fund commences on August 1, 1893, and will receive yearly a sum equal to one per cent, of
the bonds issued, but not less than $25,000; bonds being purchased if possible at 110, other-
wise sums to be invested. The bonds are for $1,000 each, and are coupon with privilege of
registration. Trustee, Central Trust Co., New York, N. Y.

The equipment bonds of 1882 ($30,000) were paid off in January, 1892, and of the equip-
ment bonds of 1885 outstanding as above ($400,000), $100,000 were paid off in the s»me
month, leaving $300,000 outstanding on February 1, 1892.

Bonds of all classes are of $1,000 each ; the equipment bonds are coupon ; the consols.,
Mich. Div. and Ashland Div. and convertible debentures, coupon with privilege of regis-
tration of principal.

Capital stock and bonds (except the Hurley and Ontonagon Branch bonds and the equip-
ment bonds), listed on New York Stock Exchange. Interest payable at National Bank of
Commerce and company's office, New York, N. Y. Annual meeting, first Friday after
the first Thursday in June ; books close for annual meeting thirty days previous. Books
close two or three weeks in advance of payment of dividends. Trustee of mortgage bonds,
Central Trust Co. of New York ; of equipment, B. Aymar Sands and Charles H. Woodruff ;
of Hurley and Ontonagon bonds, William Henry Reese. Registrar of stock, National Bank
of Commerce, New York. The capital stock consists of $2,650,000 common and $5,000,000
preferred — the preferred to have a dividend of 7 per cent, after payment of fixed charges,,
and before dividends to common stock.

ST. PAUL EASTERN GRAND TRUNK RAII/WAY.-Oconto. Wis., to Clintonville, 56
miles. Branches. 4.04 miles. Gauge, 4 ft. 8i in. Rail (steel, 46 miles), 52 to 60 Ibs. Organized September 5,
1879, under general laws of Wisconsin, to construct a line of railroad from Oconto, Wis., to St. Paul, Minn., with
a branch northeast to Marinette, Mich. Construction began July 26, 1882 : road opened December 29, 1882. from
Oconto to Stiles Junction, ten miles. Extended during 1883 to Oconto Falls, five miles, and to Clintonville in
1884. About 200,000 acres of land were subscribed by the counties of Oconto and Shawana, in Wisconsin, to be
conveyed to the company on the completion of the road to Clintonville. During 1884 the Milwaukee. Lake Shore
and Western Ry. Co. acquired control of this company, and now operates the road under a 99-year lease from
November 1, 1884— annual rental 30 per cent, of gross earnings.

Financial Statement, December 31, 1891.— Capital stock, $1,100,000 ; funded debt, 1st mortgage 6 per cent,
gold 30-year bonds, due January 1, 1913, interest guaranteed by lessee, and payable January 1 and July 1 at 52
Wall Street, New York City, $1.120,000 ; rental account, S112.463.08 ; land sales account. $127,182.76 • due M L
S. & W. RR. Co. for payment of interest on bonds, $420,480 ; audited bills, $169.58— total, $2,880,295.42. Contra :
Cost of road, equipment, etc., $2,147,409.44 : land grant account, $70,590.56 ; land department expense account
$72,495.09 ; bills receivable, $2.000 ; due from lessee, $165,403.08 : cash on hand, $1.857.25 ; interest on bonds,
$420,480— total. $2.880,295.42. Bonds limited in issue to $20,000 per mile. F. W. RHINELANDER, JR., President
New York, N. Y.; A.D. Ailibone, Secretary and Treasurer, Milwaukee, Wis. GENERAL OFFICE, Milwaukee, Wis.

788 POOR'S MANUAL OF RAILROADS.

Board of Directors, M., L. 8. & W. Ey. Co., elected December, 1891.

Marvin Hughitt ......... Chicago, 111. I David P. Kimball ..... Boston. Mass. | Samuel S. Sands.. .New York, N. Y.

Albert Keep ........... " | ChannceyM. Depew. New York, N.Y. | Then. M I Newport R 1

M. L. Sykes ....... New York, N. Y. I Joseph R. Busk.. .. " '• I John M. Whitman ..... Cliira«'o, 111.

H. McK. Twombly. " " I F. F. Thompson. ... " " | ,J. B. Redfidd

Charles Ray .......................... Milwaukee, \Vi-

Committee: Marvin Hughitt, David P. Kimball, Albert Keen, H McK Twom-
bly, Joseph R. Busk.

MARVIN HUGHITT, President ................................ Chicago, 111.

Joseph R. Busk, Wcc-P resident ......................... New York, N. Y.

Treas. & Asst. Sec.—M.. L. Sykes. . . .New York, N. Y. I Sec. & Gen. Solicitor— Alfred L. Cary. .Milwaukee, Wis.

-General Manager— H. F. Whitcomb. Milwaukee, Wis. | Auditor— W. R. Hancock ..............

PRINCIPAL OFFICE AND ADDRESS ...... New Insurance Building, Milwaukee, Wis.

New York Office ................................................ 52 Wall Street.

Chicago Office ........................... ...................... 22 Fifth Avenue.

MILWAUKEE, MENOMINEE FALLS AND WESTERN RR. CO.

Main Line of Road.— Granville, Wis., to Sussex, Wis 12.0

Branches to Quarries 2.6 — 14.6 miles.

Gauge, 4 ft. 8* in. Rail (steel), 56 Ibs.

History. — Chartered October 26, 1885 ; road built in 1889, and opened in May, 1890.

Rolling1 Stock. — Locomotive engines, 2.

Operations for year ending December 31, 1891. — Train mileage, passenger and freight
statistics not reported. Gross earnings, $13,079.53. Operating expenses, $14,662.98.
Deficit from operations, $1,583.45. Paid interest on bonds, $6,000.

Financial Statement, December 31, 1891.— Capital stock (authorized at the rate of $10,000
per mile), none outstanding ; funded debt (6 per cent, coupon bonds, dated February 1, 1890,
due December 1, 1909, interest June and December ; authorized at rate of $12,000 per mile)
outstanding, $168,000, representing cost of road and equipment.

Annual meeting held in August. Trustee of bonds. A. J. Frame. Interest payable at
Milwaukee, Wis.

Directors. — Not reported.

JOSEPH HADFIELD, President Wuukesha, Wis.

G. A. Hadfield, Vice-President and Secretary Milwaukee, Wis.

Treas. and Gen. Man.— A.. H. Hadfieid. Waukesha, Wis. | Auditor— F. R. Sweetnam Milwaukee, Wis.

PRINCIPAL OFFICE AND ADDRESS 152 Second Street, Milwaukee, Wis.

MINERAL RANGE RAILROAD.

Main Line of Road.— Houghton, Mich., to Red Jacket, Mich 15

Franklin Branch : Franklin Station to Quincy Mine 2 — 17 miles.

Sidings, etc., 9 miles. Gauge, 3 ft. Rail — iron, 35 Ibs. ; steel (17 miles), 50 Ibs.

History. — Chartered November 3, 1871 ; road opened — Hancock to Calumet, 12.5 miles,
September 8, 1873 ; Calumet to Red Jacket, and Franklin Branch, December 1, 1885 ; Han-
cock to Houghton, March 26, 1886. Between the last mentioned points there is a third rail
laid for convenience of standard gauge cars.

Default was made June 1, 1888, in payment of principal and last coupon of the first 8s
of 1888, and on application of the holders a receiver was appointed a few days later.
Receiver discharged November 30, 1889, and road restored to company.

Rolling Stock, December 31, 1891.— Locomotive engines, 7. Cars — passenger, 8 ; bag-
gage, mail, etc., 2 ; freight (box, 66 ; refrigerator, 6 ; platform, 99 ; caboose, 1), 172; other
cars, 5 — total cars, 187.

Operations for year ending December 31, 1891. — Train mileage — passenger, 34,814;
freight, 70,470, other, 20,833— total, 126,122] miles. Passengers carried, 139,860 ; carried

POOR'S MANUAL OF RAILROADS.

789

one mile, 1,053,081 ; average mile rate, 3.66 cents. Tons freight moved, 166,540 ; moved

one mile, 1,296.003 ; average ton-mile rate, 7.83 cents.

Eirniairf.— I'ai-M-iitrer 838,634 41 Expense*.— Transportation

Freight 101.5:27 -,M Motive Power

]U ail 978 60 Maintenance of Car»

Express and Baggage 1.186 23 Maintenance Way & Buildings

Miscellaneous... 4,188 15 I General and Taxes

$36,309 95
1,868 16
7.531 55
19.553 47
12,769 41

Total ($8,617.92 per mile) $146,504 63 |

Net earnings (46.78 per cent.), $68,472.09.

Total ($4,590.15 per mile). .
Payments not reported.

.$78,032 54

General Balance Sheet, December 31, 1891.

: Road $537,917 34

Equipment 120,51726

Real Estate and Buildings 138,571 67

Securities Owned 530.684 00

Materials and Fuel on Hand 14.299 07

Current Accounts 14.314 36

Cash on Hand 23.279 60

Other Property and Assets 30,11245

Capital Stock (par. $100 1 $383,40000

Funded Debt Outstanding 645,600 00

Bills Payable

Current Accounts
Interest Unpaid. .
Profit and Lose...

142.500 00

16,388 01

8,925 00

202,882 74

Total Assets $1,409,695 75

Total Liabilities $1,409,695 75

Funded debt consisted, December 31, 1891, of $20,400 ($200,000 authorized), 1st mortgage
8 per cent. 15-year $100, $500, and $1,000 coupon bonds, dated June 1, 1873, interest payable
June and December ; $25,200 ($250.000 authorized) 1st mortgage 4 per cent. 50-year $100,
$500, and $1,000 bonds, due January 1, 1937, interest January, April, July, and October ;
and $357,000 (authorized, $600,000, and $243,000 in treasury), consolidated 5 per cent. 40-
year $500 coupon bonds, due January 1, 1931 ; interest January aid July. A sufficient
amount of consols is reserved to retire prior liens. Interest payable in New York, X. Y.

Annual meeting, second Tuesday in July, at Hancock, Mich. Books close fifteen days
before annual meeting, and five days before dividend payments. Payments of dividends
were made annually till January 1, 1886, since then quarterly ; total number paid to date,
19. Voting power attaches to stock after 10 days' ownership. Trustee of bonds, Farmers*
Loan and Trust Co., New York, X. Y.

Directors.— Charles W. Cass, Russell Sage, John Tully, E. L. Ferry, W. G. Smith, New
York, N. Y. ; Charles Bard, Costello Lippitt. Norwich, Ct. ; VV. R. Shelby, Grand Rapids,
Mich. ; Charles A. Wright, Hancock, Mich ; John Slingluff, Norristown, Pa. ; Henry S.
Hyde, Springfield, Mass.

CHARLES BARD, President Norwich, Ct.

Secretary <fc Treasurer— John Tully . . New York. N. Y. \ f.^/ttral Manager— C. A. Wright Hancock. Mich.

PBINCIPAL OFFICE AND ADDRESS Hancock, Mich.

MINNEAPOLIS, ST. PAUL AND SAULT STE. MARIE RY. CO.

Main Lines of Road :

j Sault Ste. Marie, Mich., to Merricourt, N. Dak 787.18 miles.

Hankinson, N. Dak., to Valley City, N. Dak 81.50 miles.

St. Croix Falls Branch : Dresser Junction to St. Croix Falls, Wis 4.05

St. Paul Branch : Cardigan Junction to St. Paul, Minn: 5.34

Brunt u'ood Branch : Brantwood to end of track 4.57

Camden PI ice Branch : Camden Place to Northtovm Junction 1.01 — 14.97 miles.

(Northern Pacijic RR.: Minneapolis and St. Paul Terminals. 8.47
Trackage : - Great Northern Ry.: Minneapolis to St. Paul, Minn 11.00

(D. S. S. & Atl. Ry.: Junction to Sault Ste. Marie, Mich 0.34—19.81 miles.

Total length of all lines operated December 31, 1891 903.46 miles.

Average mileage operated during the year . . .829.58 miles.

Sidings, etc., 87.70 miles. Gauge, 4 ft. 8£ in. Rail (steel). 60 Ibs.

History.— Consolidation, June 11, 1888, of the Minneapolis, Sault Ste. Marie and Atlantic,
the Mitmeapolis and St. Croix, the Minneapolis and Pacific, and the Aberdeen, Bismarck, and

790 POOR'S MANUAL — MINNEAPOLIS, ST. PAUL AND STE. MARIE RY. CO.

Northwestern Ry. Cos. (See MANUAL for 1888, page 1099. For history of the opening of
the several divisions of this company's lines see MANUAL for 1890, page 805.) During the
past year the main line was extended from Boynton to Merricourt, a distance of 9.25 miles,
and the line from Hankinson to Valley City was completed and opened. Work in progress
on extension from Merricourt to Bismarck.

A large block of the stock of this company is held in the interest of the Canadian Pacific,
which company guarantees by endorsement 4 per cent, interest on the bonds. About one-
half the Minneapolis and Pacific bonds and practically all the other issues have assented to
the reduction of interest.

Rolling Stock, December 31, 1891. — Locomotive engines, 63. Cars — passenger, 32 ;
baggage, mail and express, 16 ; freight (box, 3,010 ; platform, 815 ; stock, 25 ; charcoal, 36),
3,886 ; caboose, 43 ; other cars, 177 — total cars, 4,154. Of the above, 185 box and 125 other
cars were acquired through car trust.

Operations for year ending December 31. 1891. — Train mileage — passenger, 577,559 ;
freight, 1,194,863 ; mixed, 181,325 ; other, 15,514— total, 1,969,281 miles. Passengers car-
ried, 326,651 ; carried one mile, 22,146,612 ; average mile rate, 2.23 cents. Tons freight
moved, 1,447,421; moved one mile, 383,706,719; average ton mile rate, 0.503 cent.

E^.s.-T^porta^ .. ........ , ^ „

Maintenance of Cars 270,055 92

Maintenance Way & Buildings 217,716 93
General • 263,97497

Earnings.— Passenger $493,499 59

Freight 1,933,400 06

Mail 60.614 93

Express 12,50004

Miscellaneous ... 86, 806 56

Total ($3,118.23 per mile) $2,586,821 18 Total ($1,886.07 per mile) $1,560,646 97

Net earnings (39.66 per cent.), $1,026,174.21. Add interest and dividends, $2,158.62;
other receipts, $1,916.48— total income, $1,030,249.31. Payments : Interest on bonds, $848,-
804.57; rental of terminals, $111,561.10; taxes, $40,233.12 ; development and improvement,
$1,034.30— total, $1,001,633.09. Balance, surplus, $28,616.22.

General Balance Sheet, December 31, 1891.

Coat of Road $40,076,882 14

Cost of Rolling Stock 2,898,96329

Real Estate, Buildings, etc 222,464 29

Stocks and Bonds Owned 234,510 77

Materials and Fuel on Hand 335,621 29

Current Accounts 446,816 63

Cash on Hand . . . 440,548 21

Total Assets $44,655,806 65

Common Stock Paid in $14,000,000 00

Preferred Stock Paid in 7,000,000 00

Funded Debt Outstanding 21,120,649 63

Bills Payable
Current Accounts
Canadian Pacific Ry. Co
Interest on Funded Debt

Taxes Accrued.

Income Certificates
Profit and Loss...

345,712 47
517,966 02
265,550 72
560,275 00

46,036 59
771,000 00

28,616 22

Total Liabilities $44,655,806 66

Funded debt outstanding December 31, 1891 ($21,120,649.63), consisted of :

M., S. S. M. & A. 1st mtge. 4 p. c. 40-year $1,000 gold bonds, due Jan. 1, 1926, interest Jan. and July. $8,313,000 00

M. & P. 1st mtge. 4 p. c. 50-year $1,000 bonds, due Jan. 1, 193t>, interest Jan. and July 3,525,000 00

M., St. P. & S. S. M. consol. mtge. 4 p.c. 50-year $1,000 bonds, due July 1, 1938, interest Jan. and July. 9,162,000 00
Equipment Notes 120,64963

The authorized amount of consolidated 4s is $21,000,000, of which $10,000,000 are re-
served to take up a like amount of M., S. S. M. & A. 1st 5s (now reduced to 4 per cent., and so
stamped), and $4,290,000 were reserved to take up a like amount of M. & P. 1st 5s, Nos. 1 to
4,290. The proceeds of the remaining $6,710,000 have been or will be expended in liquidat-
ing floating debt, increasing equipment, providing terminal facilities, etc. The Canadian
Pacific Ry. Co. guarantees interest on all these consolidated bonds (and on such of said two
issues of 1st mortgage bonds as have been or may be presented) at the reduced rate of 4 per
cent, per annum. The bonds are dated June 18, 1888, and mature July 1, 1938. Trustee,
Central Trust Co., New York, N. Y.

The M., S. S. M. <fe A. firsts are secured on line from Minneapolis to Sault Ste. Marie
and the St. Croix Falls Branch, together about 500.73 miles. The Minneapolis and Pacific
bonds are secured on the line from Minneapolis to Boynton, N. Dak., 286.59 miles.

POOR'S MANUAL OF RAILROADS. 791

The capital stock was issued share for share (common and preferred) for the common and
preferred stock of the Minneapolis, Sault Ste. Marie and Atlantic, and at the rate of one
share of preferred and two shares of common for every three shares of stock of the other
companies.

All bonds are coupon with privilege of registration. Interest on bonds payable at office
of Morton, Bliss & Co., New York. Trustee of bonds, Central Trust Co., New York, N. Y.
Bonds listed on New York Stock Exchange.

Annual meeting, first Tuesday in June, at Minneapolis, Minn. ; books close thirty days
previously, and stock owned then may be voted at the meeting. Preferred stock is entitled
to 7 per cent, dividend before common stock can participate.

Directors (elected July 21, 1891).— F. N. Finney. Milwaukee, VVis. ; R. B. Langdon,
John Martin, Thomas Lowry, J. S. Pillsbury, W. D. Washburn, Minneapolis, Minn. ; \V. C.
Van Home, Montreal, Que.

THOMAS LOYTRY, President Minneapolis, Minn.

R. B. Langdon, Vice-President Minneapolis, Minn.

Sec. and Treas.—Vf. L. Martin. ..Minneapolis, Minn. ; Auditor— C. W. Gardner Minneapolis, Minn.

General Manager— F. D. Underwood Minneapolis, Minn.

PRINCIPAL OFFICE AND ADDRESS Minneapolis, Minn.

Transfer Agency Morton, Bliss & Co., New York, N. Y.

MISSOURI, KANSAS AND TEXAS RAILWAY COMPANY.

(For map of this system, see page 793.)

Main Line of Road. — Hannibal, Missouri, to Denison, Texas 576.55 miles.

Neosho Section : Parsons, Kansas, to Junction City, Kansas 157.51 miles.

Jtlineola Line : Denison, Texas, to Mineola, Texas 102.59 miles.

Denison Extension : Denison, Texas, to Whitesboro', Texas 25.03 miles.

Gainesville, Henrietta and Western By.: Whitesboro', Texas, to Henrietta, Texas 87.25 miles.

Dallas Extension : Denton, Texas, to Dallas, Texas 37.62 miles

Fort Worth Extension : Fort Worth, Texas, to Taylor, Texas 162.11 miles.

Taylor, Bantrop and Houston Ry. : Taylor, Texas, to Boggy Tank, Texas 89.75 miles.

Taylor, Bastrop and Houston Ry. : San Marcos, Texas, to Lockhart, Texas 16.17 miles.

Bdton Branch : Echo, Texas, to Belton, Texas 7.12 miles.

Dallas and Greenville My. : Dallas, Texas, to Greenville, Texas 52.43 miles.

Dallas and Waco Ry. : Dallas, Texas, to Hillsboro' Junction, Texas 65.57 miles.

Trinity and Sabine Ry. : Trinity, Texas, to Colmesneil, Texas 66.55 miles.

Atoka Branch : Atoka, Indian Territory, to Lehigh, Indian Territory 8.73 miles.

McAlester Branch : McAlester, Indian Territory, to Mines, Indian Territory. . . . 4.61 miles.
Sherman, Denison and Dallas Ry.: Denison, Texas, to Sherman, Texas 9.53 miles.

Total length of all owned lines operated 1,469.12 miles.

Leased : Kansas City and Pacific Ry. ; Paola, Kansas, to Stevens, I. T 130.06 miles.

Operated jointly with T. & P. Ry. Co. : Fort Worth to Whitesboro', Texas. . . 71.18 miles.

Total mileage of all lines operated, December 31, 1891 1,670.36 miles.

Owned but not Operated : Holden, Missouri, to Paol.-i, Kansas 53.52 miles.

Total of all lines, December 31, 1891 1,723.88 miles.

Average mileage operated during the year 1,717.00 miles.

Sidings, 265 miles. Gauge, 4 ft. 8£ in. Rail (steel, 1,543 miles), 63 Ibs.

History. — Organized April 7, 1870, by the consolidation of the Union Pacific, Southern
Branch, chartered September 20, 1865 ; the Tebo and Neosho, chartered June 18, 1870 ; the
Labette and Sedalia, chartered May 7, 1878 ; and the Neosho Valley and Holden, whose road
was opened in 1871. The St. Louis and Santa Fe RR., Holden, Mo., to Paola, Kan., char-
tered December 1, 1870, was purchased at foreclosure sale, April 29, 1872 ; and the Hannibal
and Central Missouri, Hannibal to Moberly, 72.5 miles, chartered February 13, 1865, was pur-
chased in 1873. The line from Junction City to the southern boundary of Kansas was opened
June 1, 1870; from Sedalia to Parsons, March 1, 1871 ; from southern boundary of Kansas
to Denison, January 1, 1873 ; and from Hannibal to Sedalia, September 1, 1873.

792

POORS MANUAL — MISSOURI, KANSAS AND TEXAS RY. CO.

Statement of mileage, steel rails, and equipment for twenty years, 1871-1891 :

YEAR.

Railroad
Owned.

Total
Track
Owned.

Steel
Rails.

Locomo-
tive
Engines.

CAR STOCK.

Passenger
Train
Cars.

Freight
Train
Cars.

Other
Cars.

No.

Total.

1872*...

M.
463.00

M,

J/.

No.
41
50
66
66
66
66
88
88
98 •
128
140
161
161
155
170
177
177'
200
212
217

No.

38
59
61
61
61
61
59
61
64
91
87
86
87
87
96
121
118
124
137
145

No.
888
1,098

1,217
1,217
1,136
1,286
1,477
1,589
1,977
3,475
4,068
4,115
4,098
4,143
4,898
5,544
5,364
5,763
5,908
7,156

No.

876
1,087
1,278
1,278
1,258
1,408
1,608
l,f>58
2,048
3.579
4,248
4,216
4,202
4,247
5,011
5,681
5,558
5,910
6,068
7,325

1873*

643.00
786.00
786.00
786.00
787.19
785.80
808.00
879.30
932.00
1,303.00
1,315.00
1,315.00
1,315.00
1,315.00
1,540.00
1,541.32
1,«32.28
1,652.30
1,522.64

676.66
833.50
834.00
834.00
8S3.19
881.80
909.00
941.36
1,022.00
1,425.00
1,451.00
1,451.00
1,462.00
1,472.00
1,740.00
1.73(5.20
1,833.78
1,889.30
1,675.64

1874*....

1875
1876

"iso.'oo"

130.00
214.00
315.00
410.00
695.00
747.00
804.00
880.00
948.00
1,201.00
1.204.86
1,252.44
1,511.00
1,830.64

61
61
73
8
7
13
93
15
17
17
17
16
76
23
23
24

1877
1878...

• 1879

1WO

1881.

1882
1883...

1884

1885

1886

1887

1888...
1889

1890 :
1891

* Years ending March 31 ; all others, December 31.

On January 31, 1891, there were added to the mileage of the Dallas & Waco Division
14.80 miles, Milford to junction of the Missouri, Kansas and Texas, .62 miles north of Hills-
boro'. During the present year it was extended into Hillsboro', with adequate terminals
there.

On April 12, 1891, the East Line and Red River RR. from Jefferson to Greenville (narrow
gauge), 121.35 miles, and from Greenville to McKinney (standard gauge), 31.76 miles, a total
of 153.11 miles, was taken out of the system, and under an agreement with the State of
Texas that the narrow gauge section should be made standard gauge, and, when this is done,
the whole be turned over to a new company called the Sherman, Shreveport and Southern
Railway Co. This line is covered by the deposit of its bonds and stock with the Central
Trust Co. as collateral to the mortgages of the M. K. & T. Ry. Co. of June 1, 1890.

For other details of the history of this company reference should be made to the MANUAL
for 1891, and previous issues. •

Rolling Stock, December 31, 1891. — Locomotive engines, 217. Cars — passenger, 98 :
baggage, mail, and express, 47 ; freight (box, 3,206 ; platform, 518 ; coal, 1,813 ; stock,
1,488), 7,025 ; caboose, 131 ; other, 24 — total* cars, 7,325. Of this equipment, 6 locomotives,
6 passenger, 28 box, 10 platform, 10 coal, and 4 caboose cars are leased.

Operations for year ending December 81, 1891. — See tabulated statement following.

Earnings.— Passenger

Freight

Mail

Express

Other...

gl, 937, 777 05

7,285,045 O4

266,134 82

148,641 03

137,522 34

Expenses.

-Transportation $2,683,009 95

Motive Power 2,054,339 73

Maintenance of Cars 322,790 24

Maintenance of Way, etc. ... 1,520,66171
General . . . 396,609 43

Total ($5,693.14 per mile) $9,775,120 28 Total ($4,063.72 per mile) $6,977,411 0«

Net earnings (28.62 per cent.), $2,797,709.22, subject to diminution by engagements of
the receivers, by order of the United States Court, during the six months of this period
covered by the receivership, and which have been carried out by the company subsequent to
their discharge on July 1, 1891. Payment*: Taxes, $195,225.88. Interest, $1,807,548.67;
renewals and replacements, $597,891.28. Balance, $197,043.39.

For the first half of the calendar year, viz., from January 1 to June 30, 1891, inclusive,
the railway was in the hands of receivers of the United States Court, pending reorganization,
who applied the net earnings in excess of the interest on the first mortgage bonds, by or<i»-r
of the United States Court, to repairs of the property. The present company took possession

, MISSOURI, KANSAS &

TEXAS EY.

V

AND INTERNATIONAL & GREAT
NORTHERN RY.

AND. CONNECTIONS.

793

794

POOR'S MANUAL — MISSOURI, KANSAS AND TEXAS RY. CO.

of the property on July 1, 1891, and had, therefore, control only for the last six months of the
calendar year, a statement of the operations for which follows :

Operations for six months ending December 31, 1891 :
Earnings.— Freight ........................ $4,254,018 21

Passenger ..................... 1,057.729 <J<)

Mail .......................... 13(5,915 10

Express ,
Miscellaneous.

80,41878

Expenses.— Conducting Transportation — $1,377,583 73

Motive Power 1,075,&«59 18

Maintenance of Way 858,938 21

Maintenance of Cars 158,917 69

General Expenses 242,066 53

Total ($3,332.06 per mile) $5,629,051 50 Total ($2,204.93 per mile) $3,713,365 34

Net earnings (34.03 per cent.), $1,915,686.16. Payments : Taxes, $189,163.74 ; inter-
est, $927,130 ; renewals and replacements, $63,073.81— total, $1,179,367.55. Balance,
$736,318.61.

Statement of operations, traffic, etc. , for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Miles of RR. Oper. (Aver.)
Passenger Train Miles. . . .
Freight Train Miles
Passengers Carried
Passenger Miles

1,386.00
1,453,367
3,668,159
935,915
57,258,297
2,271,387
412,237.299

1,691,597
5,166,673
458,891

1,386.00
1,610,092
3,363,697
929,557
54,688,537
2,088,734
392367,474

1,592,713
4,833,860
427,083

1,386.00
1,695,637
3,641,997
964,082
56,733,097
2,458,534
486,625.764

1,575,920
5,470,742
404,982

1,539.00
1,985,695
4,157,090
1,077,692
59,764,452
2,492,941
507,436115
$
1,654,270
5,292,344
420,109

1,612.30
2,056,040
3,538,874
1,109,383
55,036,113
2,143,356
411,445,421

1,456,347

4,408,225
456,382

1,711.90
2,155,016
4,040,698
1,089,708
56,226,926
1,969,756
557-455,530

1,581,567
5,792,711
548,166

1,777.32
2,125,482
4,706,603
1,457,736

68,284,360
2,200,968
586,558,891

1,904,030
6,564,456
535,520

1,717.00
2,106,883
5,079,285
1,511,291
69,226,214
2,307,863
615,928,672

.,JU

7,285,045
552,298

Freight (tons) Moved
Freight (tons) One Mile . . .

Passenger Earnings
Freight Earnings
Miscellaneous

Gross Traffic Earnings

7,317,251
4,347,247

6,853,656
4,055,102

7,451,644
4,228,754

7,366,723
5,500,140

6,320,954
4,907,262

7,922,444
5,563,328

9,004,006
6,351,862

0.775,120
6,977,411.

Operating Expenses

Net Traffic Earnings

2,970,004

5,279 40
3,136 54
2,142 86
59.41 p. c.
2.95c.
1.25c.

2,798,554

4,944 94
2,925 76
2,019 18
59. 17 p. c.
2.91 c.
1.23c.

3,222,890

5,376 37
3,051 05
2,325 32
56. 75 p. c.
2.77c.
1.12c.

1,866,583

4,786 69
3,573 84
1,212 85
74. 66 p. c.
2.76c.
1.04c.

1,413,692

3,920 45
3,043 64
876 81
77.60 p. c.
2.64c.
1.09c.

2,359,117

4,627 86
3,249 80
1,378 07
70. 22 p. c.
2.81 c.
1.04c.

2,652,143

5,066 06
3,573 85
1,492 21
70. 54 p. c.
2.78c.
1.11 c.

2,797,709

5,693 14
4,063 72
1,629 42
71. 38 p. C.
2.80c.
1.18c.

Gross Earnings p. Mile. . . .
Gross Expenses p. Mile. . . .
Net Earnings per Mile. ...
Expenses to Earnings
Aver. Rate per Pass. p. Mile
Aver. Rate per Ton p. Mile.

Classification of tonnage for Missouri, Kansas and Texas Ry., years 1891 and 1890.

CLASSIFICATION.

1891

1890

Increase.

Decrease.

Products of the Forest :
Lumber . .

256,927

346,722

89,795

Other Articles

35 331

53,887

18,556

Products of Animals :
Live Stock

338,813

330,468

8,345

19 989

14 761

5 228

Agricultural Products :
Bulk Grain

115,643

117,711

2,068

Flour and Skd Grain

100 057

90,595'

i> 462

Cotton

122,306

94,112

28,194

Other Articles

134429

115,220

19,209

Manufactures and Merchandise ' ...

244,571

271,018

26,447

Miscellaneous :
Coal

802,462

634,731

167,731

Iron Ore . ...

7,998

14,446

6,448

Pig Iron

389

977

588

Other Articles

128,948

116,320

12,628

Total Tons ....

2,307,863

2,200,968

106,895

General Balance Sheet, December 31, 1891.

Cost of Road $125,126,875 30

Real Estate 1,733 50

Sundry Accounts 1,110,034 08

Materials and Fuel on Hand 277,808 12

Cash on Hand 684,667 86

Total Assets.

$127,201,118 86

Com. Stock-M., K. & T. Ry. $47,000,000
Pref. Stock— M.,K. &T. Ry. 13,000,000— $60,000.000 00
Subsidiary Lines :

Boonville Bridge Co $1,000,000

Sherman,Denis. &D.Ry. 100,000

Dallas & Waco 670,000—

Funded Debt Outstanding

Sundry Accounts

Interest Due

Profit and Loss

1,770,000 00

62.373,000 00

2,100,831 87

319,067 47

63S.290 02

Total Liabilities $127,201,118 86-

POOR'S MANUAL — MISSOURI, KANSAS AND TEXAS RY. CO.

795

The fiscal year of this company has been changed to end June 30, to conform to the
year adopted by the Interstate Commerce Commission and the Railroad Commissions of the
several States through which this line runs. The first report of the company, as reorganized,
will, therefore, be that for the year ending June 30, 1892.

Statement of funded debt outstanding, in detail, December 31, 1891 :

DESCRIPTION OF BONDS.

DATK OF

INTEREST.

Denomination.

Amount

Issue.

Maturity.

Rate.

When
Payable.

M. K. & T. Rv. 1st Mtge., gold
M. K. & T. RV. 2d Mtge., gold
Boonville RR. Br. Co. 1st Mtge., gold
Dallas & Waco Rv. 1st Mtge., gold..
Sherman D. & D. Ry. 1st Mtge., gold

June 1, 1890 June 1 1990
June 1, 1890 June 1 1990
1873 May 1 1906
Nov. 1, 1890 Nov. 1 1940
May 1, 1891 j May 1 1921

P-4C'
4

5
5

June & Dec.
Feb. & Aug.
May & Nov.
Mav & Nov.
May & Nov.

$500 & $1,000 coup.
500 & 1,000 coup.
1,000 coupon
1,000 coupon.. .

$

40,000,000
20,000,000
1,000.000
1,173.000
200.000

1,000 coupon

The M., K. & T. 1st mortgage 4 per cent, gold bonds were issued under the plan of reor-
ganization ; $35,000,000 (Nos. 1 to 35,000 inclusive) are of $1,000 each, and $5,000.000 (Nos.
35,001 to 45,000 inclusive) are of $500 each. These bonds are secured by mortgage or deed
of trust upon the entire railroad and property of the company, including the securities
representing the control of and ownership in the several constituent companies organized
under the laws of the State of Texas. Provision is made upon the bonds for registration of
the principal. Trustee, Central Trust Co., New York.

The M. , K. & T. 2d mortgage 4 per cent, gold bonds were issued under the plan of reor-
ganization ; $17,000,000 (Nos. 1 to 17,000 inclusive) are for $1,000 each, and $3,000,000 (Nos.
17,001 to 23,000 inclusive) are for $500 each. They are secured by second mortgage on the
?ame property and securities as the first mortgage bonds. The interest for five years from
their date is paid only if earned. The right to interest during said five years is non-
cumulative. After the expiration of five years the obligation to pay interest on these bonds
becomes absolute. Payment on them was begun by the company, however, on February 1,
1892, by payment of coupon No. 3. Provision is made upon the bonds for registration of
principal. Trustee, Mercantile Trust Co., New York, N. Y.

The railway from Sedalia to the western boundary of Kansas, 100 miles, was covered
by the Tebo and Neosho mortgage ; and from Jefferson to McKinney, 156 miles, by the East
Line and Red River mortgage. Both of these mortgages were provided for by the reorgani-
zation, in the M., K. & T. new mortgage 4 per cent, bonds as above.

The Dallas and Waco bonds cover the line from Dallas to Hillsboro', 67 miles, at the rate
of $20,000 per mile. Principal and interest guaranteed by the M., K. & T. Ry. Co. Trustee,
Central Trust Co., New York, N. Y. Common and preferred stocks and all above issues of
bonds listed on the New York Stock Exchange.

The Sherman, Denison and Dallas bonds cover the line from Denison to Sherman, Tex.,
10 miles, at the rate of $20,000 per mile. Principal and interest guaranteed by the M., K. &
T. Ry. Co.

Land Department. — Under several Acts of Congress the company received large land
grants, both in the State of Kansas and in the Indian Territory, those in the latter claimed to
amount to 3,622,400 acres, subject to treaty stipulations and to the extinguishment of the
Indian title. The lands received from the State of Kansas have all been sold. No lauds in.
the Indian Territory have yet been received.

Annual meeting, third Wednesday in May, at Parsons, Kan. Registrar of stock,
Central Trust Co., New York, N. Y.

KANSAS CITY AND PACIFIC RAILWAY.— Paola. Kan., via Coffeyville, Kan., to Stevens,

130.06 miles. Sidings, etc., 10 miles. Gauge, 4 ft. 8± in. Rail (steel), 60 Ibs. Chartered July 13 1886

cquired by purchase on August 1, 1887, the road of the Parsons and Pacific RR. Co. (chartered December 14,

Ho), extending from Coffeyville to Parsons, Kan., a distance of 31.25 miles. Extension from Parsons to Paola

'as completed by this company in the spring of 1889. Extension from Coffeyville to Stevens. I. T 5 06 miles

lit during 1891. Leased August 1, 1890, for 999 years, to the Missouri. Kansas and Texas Ry. Co., which

antees the interest on the bonds. Financial Statemfnf, June 1, 1890.— Capital stock (par, $100), $2 500 000 •

Jd debt (1st mortgage 4 per cent. 100-year gold bonds, due August 1, 1990. interest payable August and

796

POOR'S MANUAL OF RAILROADS.

February) outstanding, $2,500,000— total, representing cost of road and equipment, $5,000.000. The lessee owns
orer two-thirds of the capital stock of this company, and has guaranteed, unconditionally, payment of interest
on these bonds. The bonds are limited to $2.500,000. Bonds listed on the New York Stock Kx chan»t>. Direc-
tors. (elected May 18, 1892).— Henry C. Rouse, Colgate Hoyt, Henry W. Poor, New York, N. V.; Win Dowd C II
Kimball, H. C. Cross, Lee Clark, Parsons, Kan. H. W. POOR, President, New York, N. Y.: Win. Dowd.

, . . , , ,

President, New York, N. Y.; Ch»s. G. Hedirr, secretary and Treasurer, New York, N. Y.; K. W. Manure,
A. Distant Secretary and 2 'reasurer, Parsons, Kan. PRINCIPAL OFFICE, Parsons, Kan. Transfer Office, New
York, N. Y.

Board of Directors, Missouri, Kansas and Texas Ry. Co., elected May 18, 1892.
John D.Rockefeller.New York, N.Y. William Bond ..... New York, N. Y. F. N. Finney ....... Milwaukee. Wi«-

Henry C. Rouse .... Simon Steme ..... " " Thomas C. Purdy.. Parsons, Kansas-

Joel F. Freeman ____ Colgate Hoyt ...... " " B. P. McDonald.. Fort Scott Kansas.

Wm. Dowd ......... " . Samuel Sloan ...... " " II. ('.(Toss ....... Emporia. Kansas.

Henry W. Poor ..... .T. Waldo .......... Houston, Texas. Lee < lark .......... Parsons, Kansas.

H. J. de Mare/, Ovens .............. Amsterdam, Holland.

HENKY C. ROUSE, Chairman of the Board and President. .New York, N. Y.
J. Waldo, \»t Vice -Pre indent ............................. St.. Louis, Mo.

Thomas C. Purdy, 2d Vice-President .................... Parsons, Kansas.

3d Vice- President- Wm. Dowd ....... New York, N. Y. | Compt., Sec'., <f- Tr.— Chas. G. Hedge. .New York, N. Y.

PRINCIPAL OFFICES ................. 45 Wall Street, New York, and Parsons, Kan.

THE MISSOURI PACIFIC RAILWAY COMPANY.

3Iain Lines of Road owned and leased, forming Missouri Pac. Sys. Prop. .1,542.45 miles.
Branch Lines owned and leased ........................................... 1,649.08 miles.

LINES LEASED AND OPERATED :
.St. Louis, Iron Mountain and Southern Ry. and branches ......... 1,547.22

Little Rock Junction Ry ...................................... 0.59

Little Rock and Fort Smith Ry. and branches .................... 167.01

Kansas and Arkansas Valley Ry ............ ................... 170.03

Central Branch, Union Pacific RR. and branches ................ 888.19

Sedalia, Warsaw and Southwestern Ry. (narrow gauge) ............ 43.23

Houston, Central Arkansas and Northern Line .................. 118.68 — 3,191.53 miles.

Total length of all lines, December 31, 1891 (details given below) ....... 5,288.85 miles.

Average number of miles operated during the year ........... ........ 5,282.61 miles.

Gauge, 4 ft. 8i in., and 3 ft. Weight of rails per yard, 50, 52, 56, 60, 63, 70, and 76 Ibs.

Statement showing mileage of main track, side tracks, and steel rail, December 31, 1891:

The Missouri Pac. Ry.— Main Lines
The Missouri Pac. Ry. — Br. Lines..
St. L., Iron Mount. & South'n Ry..
Houston, Cent. Ark. & North. Line.
Central Branch Union Pacific RR..
Sedalia, Warsaw & Southwest. Ry.

Main
Track
Owned.

1,241.19

1,497.19

1,203.77

118.68

100.00

43.23

4,204.06

Main
Track
Leased.

301.26
151.89
343.45

1,084.79

Total
Main
Track.

1,542.45

1,649.08

1,547.22

118.68

388.19

5,288.85

Stand-
ard
Gauge.

1, 542.45

1,649.08

1,547.22

118.68

388.19

5,245.62

Narrow
Gauge.

13.23
43.23

Second
Track.

34.10

' 10. it';

44.56

Side
Track.

380.84
134.70
3111.20

8.80
51.12

2.00

Miles
Iron.

Miles
Steel.

63.48 1,479.02

66.91 1,5S2.17

293.56 1,2.53.66

I 11S.6S

186.31 20i.ss

r,:,3.U 4,635.41

Of the main line, 2 miles, between Atchison Union Depot and Central Branch Junction
Kan., are owned by the Central Branch Union Pacific RR. The tracks of the Hannibal and
St. Joseph RR. (St. Joseph Extension) from Atchison, Kan., to St. Joseph. Mo., 21 miles, are
used under contract. The Boonville, St. Louis and Southern Ry., from Versailles to Boon-
ville, Mo., 44 miles, is leased at an annual rental of $25,000. The company also uses the
Osage Division of the M., K. & T. Ry., from Holden, Mo., to Paola, Kan., 54 miles, paying
therefor a rental of $27,500 and all taxes and expenses,

History, — For history of the organization of this company, etc., see MANUAL for 1891,
page 784.

The Missouri, Kansas and Texas Ry. (which see) was leased to the M. P. Ry. Co. De«M-rn-
ber 1, 1880, the rental being the net earnings of the leased line. It was placed in the hands

\ ^
• :

797

798

POOR'S MANUAL — THE MISSOURI PACIFIC RY. CO.

of receivers November 1. 1888, the accrued interest in excess of surplus earnings being larger
than could be advanced by the Missouri Pacific Ry. Co. under the terms of the lease.

During the year 1881 the M. P. Ry. Co. acquired the ownership of the railroad, branches,
and property of the St. Louis, Iron Mountain and Southern Ry. Co. by an exchange of three
shares of its capital stock for four shares of that of the St. L., I. M. & S. Ry.

The International and Great Northern RR. of Texas was acquired by the M. K. & T. Ry.
Co. of Missouri by an exchange of one share of the stock of the former for two shares of the
stock of the latter. Lease abrogated by consent May 1, 1888, and since operated under a
separate management (see GENERAL INDEX).

The M. P. Ry. Co. leases the Central branch U. P. Railroad for 25 years from December
6, 1886, accounting to the Union Pacific Co. (which owns it) for the net earnings.

EXTENSIONS AND BRANCH LINES. — In 1886 the Missouri Pacific Ry. Co. began the con-
struction of a series of branch lines and extensions, " in order to protect the present traffic of
your [the company's] railway and insure its future growth." To provide the means necessary
for this purpose the stock was increased during 1886-87, at various times, from $30,000,000
to $45,000,000, of which there was outstanding December 31, 1888, $43,974,850. (See MAN-
UAL for 1890, pp. 534-535.)

Consolidation of Branch Lines. — During the year 1890, 1,137.74 miles of road, owned
by twelve auxiliary companies, were consolidated into a single corporation under the cor-
porate name of the Kansas and Colorado Pacific Railway Company, referred to on page 786
of the MANUAL for 1891. This consolidation having greatly simplified the business and re-
duced the expenses of the several departments in respect to these properties, it was decided
to supplement it by acquisition of other branch lines. Accordingly, during the past year
the Fort Scott, Wichita and Western Ry., 309.85 miles in length, has been sold to the Kansas
and Colorado Pacific Ry. Company, and the Pueblo and State Line RR., 151.89 miles in
length, has been leased to the same company, making a total of 1,518.87 miles of branch
roads now in operation by this consolidated company, exclusive of Verdigris Valley Division,
80.61 miles, leased to the Missouri Pacific Ry. Consolidation was also effected during the
past year of The Fort Scott and Eastern Ry. Company, The Fort Scott Belt Terminal Ry. Co.,
and The Fort Scott and Southern Ry. Company, under the corporate name of The Fort Scott
Central Raihcay Company, thereby uniting in a single corporation the 57.38 miles of branch
roads lately owned by these companies.

Statement showing in detail mileage of all lines operated December 31, 1891 :

NAME OF ROAD.

DESCRIPTION.

Owned.

Leased.

Total.

THE MISSOURI PACIFIC RAILWAY :
Main Line

St. Louis, Mo., to K. C. State Line Freight Depot.

284 13

Main Line

K. C. S. L. Ft. Dt. to Atchison Ft. and Pass. Dt. .

46 44

Omaha Extension
Omaha Extension

Atchison, Kan., jt. with C. B. U. P. to C. Br. Jet.
Central Branch Junction to Papillion Junction. . .

" 146 79

1.73

Papillion Junction to Papillion, Neb

2 35

Sarpy County Extension

Papillion Junction to Douglas Co. Line, Neb

2 09

Omana Belt Railway
Poplar Street track St Louis

Douglas County Line, Neb., to Omaha, Neb

12.84
1 00

St. Jos. Ext. (joint with H. &
St J RR )

Atchison, Kan., to St. Joseph, Mo

21 00

Carondelet Branch

Kirk wood, Mo., to Carondelet, Mo

12 44

St. L., Oak H. & Carondelet Ry.
Laclede &Creve Co3ur Lake Br

Tower Grove, Mo., to Ivory Ave., Carondelet, Mo.
Laclede Junction, Mo., to Creve Coeur Lake, Mo.

6.30
11 99

Glencoe Mo to Lime Kilns, Mo

3 63

Lebanon Branch

Jefferson City, Mo., to Bagnell, Mo

45 04

Jeff. City, Boonville & Lex. Br.

Myrick, Mo., to Boonville, Mo )

79 25

Jeff. City, Boonville & Lex. Br.
Boonville Branch

Marshall Junction, Mo., to Marshall, Mo )
Versailles, Mo., to Boonville, Mo

43.97

Sedalia, Mo., to Lexington, Mo .

55 50

Kansas City & Eastern Ry

Lexington Mo to Independence Mo.

33 01

Black Water Branch

Warrensburg Mo., to Stone Quarries . . .

3 00

Osage Div M K & T Ry

H olden, Mo., to Paola, Kan

53.95

Paola Kan., to Le Roy Junction, Kan. . , .

60 75

Ottawa Branch

Osawatomie Junction, Kan., to Ottawa, Kan

20.25

Ks & Col P Ry Verdigris V D

Le Roy Kan to Deering Junction, Kan

80 61

Leroy & Caney V Air L RR

Roper, Kan., to Peru Junction, Kan

51.77

Pleasant Hill Mo , to Carthage, Mo

116 00

POOR'S MANUAL — THE MISSOURI PACIFIC RY. CO.

799

NAME OF ROAD.

THE MISSOURI PACIFIC RY.— Cont
Carthage. Jop. & Short Cr. Ry.

Nevada & Minden Ry

Nevada & Minden Ry. (of Rs.).
Nebraska Southern Railway . . .

DESCRIPTION.

Owned

Nebraska City Branch .

Crete Branch

Lincoln Branch

Fort Scott Central Railway

Fort Scott Central Railway

K.C. & Southwest. Ry. (of Mo.)

K. C. & Southwestern Ry

Omaha Southern Railway

S & COLORADO PACIFIC RY.,
formed by consolidation of —
Council Gr. Osage C. & Ot. Ry.
Topeka, Salina & Western Ry . .

Mo. Pacific Ry. in Kansas

Conn. Gr. Smoky V. & W. Ry..
Kan. & Col. Ry. (Main Line). . .
Kan. & Col. Ry. (Gt. Bend Br.).
Den. Mem. & A. Ry. (W. Div.).
Den. Mem. & A. Ry. (E. Div.)..

Inter-State Railway

Kansas, Neb. & Dakota Ry

Wichita & Coloiado Ry

Salina, Sterling & El Paso RR.

VerdigrisV., Independence & W.

RR. (leased to M. P. Ry. Co.).

Grouse Creek Railway

Ft. S., Wichita &W. Ry. (M. L.).
Ft. S.,W. & W. Ry. (Gil. Spur). .
Ft. S.,W. &W. Ry. (McP.Br.).
Pueblo & State Line RR.

KANOPOLIS & KANSAS CENTRAL RY

•KANSAS SOUTHWESTERN RY

ROOKS COUNTY RAILROAD

PACIFIC RAILWAY IN NEBRASKA..

Carthage, Mo., to Joplin, Mo

Nassau, Mo., to Missouri State Line

M issouri State Line to Chetopa, Kan

\tiburn Jet., Neb., to Sect. Lines between Sects.

19 and 20, T. 8 N., R. 14 E., Otoe Co.. Neb. . . .
Sect. Line between Sects. 19 and 20, T. 8 N., R. 14

E., Otoe Co., Neb., to Weep. Water Jet., Neb.

Talmage, Neb., to Crete, Neb

Lincoln Junction, Neb., to Lincoln, Neb

L. & S. Jet., Rich Hill to jct.with Coal S. n'r Min.
Crawford St., Ft. Scott, toF. S.,W. & W. connect.

Coal Spur track

N. &M.Coal track to junction N. &M

Cecil, Mo., to State Line between Mo. and Kan. .
State Line between Mo. and Kan. to Paola, Kan..
Omaha So. Junction to Plattsmouth

Total Main Lines.

Ottawa, Kan., to Council Grove, Kan

jCouncil Gr., Kan., to W. line of Dickinson Co., K.
I West line of Dickinson Co., Kan., to Salina, Kan

'Gypsum City, Kan., to Marquette. Kan

'Salina, Kan., to East line of Ness Co., Kan

'Hoisington, Kan., to Great Bend, Kan

[East line of Ness Co., Kan., to East line of Col...

Chetopa. Kan., to Lamed. Kan

iMonteith Jet., near Butler, Mo., to Madison, Ks..
iFort Scott, Kan., to Topeka, Kan

West Wichita, Kan., to Hutchinson, Kan

Hutchinson, Kan., to Geneseo, Kan

!Le R., K.,to D'gK. (80.61 m. inc. in M. P. m. 1. m.)

JDexter, Kan., to Arkansas City, Kan ,

! Fort Scott, Kan., to Kiowa, Kan

|Gilfillan,Kan., to Stone Quarries ,

Eldorado, Kan. to McPherson, Kan

East Line of Colorado to Pueblo, Col

Total Kan. & Col. Pacific Ry. (excluding Verdigris
Valley Division leased)

Geneseo, Kan., to Kanapolis, Kan

Olcott Junction, Kan., to luka, Kan

i Alton, Kan., to Stockton, Kan

Warwick, Kan., to Prosser, Neb

ST. L., IRON MOUNT. & SO-JTH.RY.—

Main Line

Potosi Branch . .

Total Branch Lines .

St. Louis. Mo. , to Texarkana, Ark

i v/Luci .iji.iiii.il Mineral Point, Mo., to Potosi, Mo

Belmont Branch Bismarck, Mo., to Belmont, Mo

Jackson Branch jAllenville, Mo., to Jackson, Mo

Cairo Branch jPoplar Bluff, Mo., to Bird's Point, Mo

Doniphan Branch Neeleyville, Mo., TO Doniphan, Mo

Helena Branch Knobel, Ark., to Helena, Ark

White River Branch Diaz, Ark., to Cushman, Ark

Memphis Branch Bald Knob, Ark., to K. C., Ft. S. & M. Jet., Ark

K. C., F. S. & M. Jet., Ark., to
K. C., F. S. &M. Jet. Tenn..

Iron Mount. RR. of Memphis. .

Connecting Track 'Little Rock, Ark., to East Little Rock, Ark

L. R., Miss. Riv. & Texas Ry . . [East Little Rock, Ark., to Arkansas City, Ark. .

Ouachita Branch STrippe Junction, Ark., to Warren, Ark

Ft. Smith Branch jFt. Smith, Ark., to Greenwood, Ark

Camden Branch Gurdon, Ark., to Camden, Ark

Little Rock Junction Ry [Argenta. Ark. (connection with L. R. & F. S. Ry.)

i to E. L. R.,Ark. (con.w'h L.R., M. R. & T.Ry.

Little Rock & Fort Smith Ry. . . | Argenta, Ark. (con. with L. R. Jet. Ry.), to Ft. S.,

Ark. (Arkansas State Line) —

Little Rock & Fort Smith Ry 162.68

St. L. & San F. Ry.— Van B. Bridge . . 1 .

Leased.

17.00
32.65
41.60

16.12

58.18

33.91

55.13

.11

1.25

14. r:

1,241.19

69.53
51.30
19.45
27.30

125.46

10.00
138.

272.01
101.43

130.00
46.78

40.10

25.07
244

2.20

62.94

14.05

24.91
18.25

73.00

1,497.19

489.78
3.69

119.
IB. 3(
70.49
19.99

140.05
39.41
88.84

20.70
27.53

301.26

151.89

151.89

.82

113.45
49.40
17
34.03

Ouita Branch. ..

Coal Hill Branch

Ward's Junction Branch.
Kansas & Arkansas Valley" Ry!

Ouita Jet., Ark., to Coal Mines (end of track).

Coal Hill, Ark., to Lloyd's (end of track)

Ward's Jet., Ark., to Ward's (end of track)...

Van Buren, Ark., to Coffeyville, Kan,

Kansas & Arkansas Valley Ry. West Connection, Coffeyville.
Kansas & Arkansas Valley Ry.iSouth Side Arkansas River
Kansas & Arkansas Valley Ry.
Kansas & Arkansas Valley Ry.

Cherokee Jet. south to Fort Smith Bridge

East Connection, Cherokee Junction

3
1.07

.59

Total.

1,542.45

1,518.87
14.05
24.91
18.25
73.00

1,649.08

164.08

.42

2.66

1.25

164.63

1.12

3.90

.18

1,203.77 343.45 1,547.22

800

POOES MANUAL — THE MISSOURI PACIFIC RY. CO.

NAME op ROAD.

HOUSTON, CENTRAL, ARK. &N. LINE. McGehee
CENTRAL BRANCH UNION P. RR.—

Main Line

Atchison, Col. & Pacific RR. . . .

Washington Branch

Republican Valley Branch

South Solomon Section .

Atchison, Jewell Co. & W. RR.,
Jewell Branch —

SEDALIA, WARSAW & S. RY. (N. G.) Sedalia to Warsaw

DESCRIPTION.

Owned. Leased. Total.

Waterville to Lenora
Greerileaf to Wash
Yuma to Warwick
Downs to Alton. ..

Jamestown to Burr Oak

Riverton, La. (end of track). . .
•ville

118.68

100 00

118.08

>ra

193 39

illgl'Ml

7 00

30 80

23 60

r Oak

33 40

43.23

388. 19,

388.19
43.23

Total Mileage of All Lines, Dec. 31,

4,104.06| 1,184.79 5,288.85

The mileage of all lines on December 31, 1891, was 5,288.85 miles, an increase of 163.85
miles, compared with same date of previous year.

The above increase in mileage consists of the Fort Scott and Southern Ry., Fort Scott to Cornell, Kan., 27.2
miles, opened Jan. 26, 1891 ; the Fort Scott Belt Terminal Ry., comprising terminal and connecting tracks at
Fort Scott, Kan., 3.91 miles, opened January 26, 1891 ; Omaha Southern Ry., Union to Plattsmouth. Neb., 14.71
miles, opened September 9. 1891 ; Houston, Central Arkansas and Northern Line. McGehee, Ark., to Riverton,
La. (Ouachita River). 118.68 miles, included in system mileage January 1, 1891 : a net deduction of 0.65 mile from
the system mileage of 1890 was effected by correction of distances, making the aggregate increase in mileage
during the year 163.85 miles.

The relations of the several properties remained practically unchanged during the year. By indenture dated
Jan. 1, 1891, the Kansas City and Southwestern Line, Paola, Kan., to Cecil, Mo., 48.23 miles, was leased to the
Mist<ouri Pacific Ry. Co. for a term of 99 years, making the aggregate main line mileage of the Missouri Pacific
Co. 1.542.45 miles.

The Kansas and Colorado Pacific Ry. comprises 1,057.13 miles of lines in Kansas, to which has been added
since the close of the year, the Fort Scott. Wichita and Western Ry. (by purchase), 309.85 miles, and the Pueblo
and State Lin« RR. (by lease), 151.89 miles. Additional independent lines, aggregating 130 miles, complete the
mileage of 1,649.8 miles, treated in operating accounts as branch lines of the Missouri Pacific Ry.

The St. Louis, Iron Mountain and Southern Ry., including the Little Rock and Fort Smith, Little Rock
Junction, and Kansas and Arkansas Valley Divisions, comprises an aggregate mileage of 1,547.22 miles.

The Houston, Central Arkansas and Northern Line, McGehee, Ark., to Riverton, La., 118.68 miles, was oper-
ated during the year as an independent property, in connection with the Iron Mountain system.

The Central Branch, Union Pacific RR., embraces 388.19 miles of leased railway, the net earnings of which
are paid to the Union Pacific Ry. Co. as lessor.

The Sedalia, Warsaw and Southwestern Ry. (successor of the Sedalia, Warsaw and Southern Ry.), a narrow
gauge line, 43.23 miles in length, was operated as an independent line in connection with the Missouri Pacific Ry.

X<-w Con«t ruction <n«'l Betterments. — All expenditures for betterments and extraordinary expenses were
included in operating expenses, amounting to $1.143,065.41. The classification of these expenditures \vas : Con-
ducting transportation. $256.973.80 ; motive power. $361,796.90 ; maintenance of way, $438,929.61 . maintenance
of cars, $85,365.10— total, $1,143,065.41.

The principal items of betterments were :
New Station Bldgs., Platforms, & Facilities. $53. 285 13
New Engine H'ses. Mach. Shops, & T'ntables 27,831 76

Tools and Machinery 8,53099

Ballast 63,450 36

Side Tracks 66,490 43

Fences 68,866 01

Track and Stock Scales 6.323 10

Bridges 93,58446

Coal Bins, Chutes, etc 16,08462

The principal items of extraordinary expenses were

New Telegraph Wire and Lines $16,987 41

Personal ' Injuries, Damage to Property,

Wrecks and Washouts 243,807 69

Riprap Protecting Banks, etc 13,734 06

Snow and Ice Removing 24,341 12

M. M. Office and Store Room

Water T'ks & Improvem't of Water Service. 20,47(1 44

Section, Tool, and Watch Houses 4,667 54

Widening, Embankm't*, Raising Grade, etc. 22,182 31

New Car Shops, Sheds, etc 4,913 22

Total Betterments... ...$505,121 95

Decrease Compared with 1890 ...

Reconstructing Cars

Miscellaneous Expenses 2.271 88

Total Extraordinary Expenses $637,943 46

$81,532 77
53

Increase compared with 1890 $367,528

Constructing Viaduct at Kansas City 17,599 19

Work on Inclines account Low Water 2,563 29

Reconstructing Locomotives 236.645 26

The grading of the Joplin and Western Ry. was completed to Grand Falls, Mo., and 2.06 miles additional
track laid, making a total of 4.5 miles of main track laid under the charter of this company.

The Fort Scott & Southern Ry. was extended to a connection with the Nevada & Minden Ry., south of
Minden, Mo., a distance of one mile. The road was graded from Webb City north a distance of 2.42 miles, and
1.73 miles of main track and .42 miles of sidings laid, leaving 22.73 miles of track remaining to complete the entire
line from Fort Scott to Webb City.

Extensions of spur tracks in the vicinity of Webb City, aggregating 3.27 miles, were laid during 1891, mak-
ing 2.03 miles of main tracks and 3.97 miles of sidings constructed during the past two years. These; tracks afford
transportation facilities to numerous zinc mines, producing a large tonnage of ore for treatment at local smelters,
shipment to points outside the State, and for export.

An extension of the Troup spur a distance of five and one-half miles to reach new mining camps in the vic-
inity of Scotland, Mo., is under construction and will be completed early in the present year.

The Camden & Alexandria Ry., chartered to construct an extension of the Camden Branch of the St. Louis,
Iron Mountain & Southern Ry., from Camden to El Dorado, Ark., 32.48 miles, was completed on July 15th, 1891,
and operated as an independent property during the year.

The Houston, Central Arkansas & Northern Ry. was completed on December 31. 1891, to a connection with
the Texas & Pacific Ry. at Alexandria, La., making the total length of line from McGehee Junction. Ark., m
Alexandria, La., 189.85 miles, of which 71.17 miles were laid during 1891.

Through train service from St. Louis and Little Rock to Alexandria will be placed on this line at an early

POOR'S MANUAL — THE MISSOURI PACIFIC RY. CO.

801

date, affording direct communication with a large territory not heretofore tributary to the Iron Mountain
System.

The bridge across the Arkansas river at Fort Smith, Ark.. The construction of which was commenced in
1890, was completed during the- year and opened for traffic on May 25. 1891. This bridge consists of ten fixed
spans, e;uh -,'IH) feet long, and one draw span 370 feet long, a total length of 2.370 feet. The superstructure is of
iron on piers of concrete founded on rock. The opening of the bridge for foot and wagon traffic has been delayed
by litigation, concerning the right of the company to use its right-of-way for approaches, which has recently been
decided in the United States courts favorablv to the Kansas and Arkansas Valley Ry.

The Kansas and Colorado Pacific Ry. (D., M. & A. Division) was extended through Chetopa, Kan., to a con-
nection with the Nevada and Miuden Ry.. a distance of one mile. The yard at Chetopa was reconstructed, stock
yards and water station removed to points on new track, roundhouse lemoved and new depot erected.

A spur track to stone quarries north of Carthage. Mo., a distance of 1.27 miles, was surveyed and placed
under construction.

A preliminary survey of the Denison extension of the Kansas and Arkansas Valley Ry. was commenced in
March and completed in August. 1891, covering a line from Fort Gibson, Ind. Ter.. to Sherman. Tex., a distance
of 19*J miles, passing through the coal fields at McAlester and Lehigh, and connecting the Texas and Pacific and
Iron Mountain systems, through the Indian Territory.

The Omaha Southern Ry. was completed from Union to Plattsmouth, Xeb., 14.8 miles, and turned over for
operation September 7, 1891. The portion of this line from Plattsmouth to junction with the Union Pacific Ry.
at Gilmore, was also completed, with the exception of a bridge across the Platte River, which is now uuder ccn-
struction. The entire line, from Union to Gilmore. is 25.5 miles in length, and when opened will shorten the dis-
tance between Kansas City and Omaha, 14 miles, and afford a low grade route for traffic from Omaha and northern
territory.

Rolling Stock, all lines, December 31, 1891 :

PASS. TRAIX CARS.

FREIGHT EQUIPMENT.

\

L

i. -A

/ i

a

1

i i 1-

b _-

i r- — /•' "= ~?i '*

~ '?• = ,~ - T "

-£ fe i° Hi°

z.

— •"• —

~ i

*

02

fc C 5

0 x fc

Missouri Pacific Rv.

337

*255

(IS

10

5,716

994

832 1.458 361)

162 40 12.573

St.L..I.M.& So. Ry.

000

75

54

3

3,947

41;

893 662 320

114 44 199 6.596

II C A «fc X Line

1

1

.502

29

531

C B. U. P. RR.

35

12

10

i

318

;84

44 45 ..

19 8 .. 518

S., W. & So. W. Ry.

2

1

1

9

- ..g

15 4

1 41

Total . .

597

*344

133

14

10,492

1.507

1.813 5.H59 689

01»i; 94 199 20.259

* Including 58 sleeping cars.
Operations, all lines, year ending December 31, 1891 :

i

Missouri !
Pacific and
Branches.

sSuhera*

Houston.
Central Ar-
kansas and
Xo. Line.

Central Sedalia.
; Branch, Warsaw
Union and South-
, Pacific RR. western.

All Lines.

Average Miles Operated
Train Mileage — Passfii^er

3.185.42
3,888,197
5.505.917
3,415,089
118,192,855
4,805.331
889.930,741

S

2,663,797 63
..'-MS 42
778,42864
913,560 83

1.. 547. 22
2.533.157
4.Wi5.725
1,662,898
87. 754.517
3,389.268
67,887

2.195,301 25

8.574.S2HS6
495.409 73

sie;

118.55
71,568

65,883
1.296.4*2
10.5.431*
4,696,516

36,215 54
111.078 44

U.400 in

06,914 43

388.19
303,250
531.569
194.158
5.913.335
308.128
45,338.064
S
166.141 60
648.342 14
' 661,715 10
18,961 44

43.23
6,563
20,189
9,900
258,841
18,792
547,515

S

9.571 67
24.92944

i 0.71 1*02
6827

5,282.61
6.752,7:35
10.829,062
t 5,309,821

* 7'.597!l78
1.719.470.173

5,070,047 69
18.224.486 30
1.347.68840

1.2T.5.N-3 85

Freight
Passengers Carried
Passenger Mileage
Tons Freight Moved. . . .

Tons Moved One Mile
Earnings — Passenger

Freight
Mail and Express

Miscellaneous

Total Earnings
Expenses.— Transportation
Motive Power
Maintenance of Cars
Maintenance of Way
General

Total Expenses
Xet Earnings
Gross Earnings per Mile
Operating Expenses per Mile

13 221,097 52 11.581,9:30 72
3,791,671 83 3,196,386 50
2,822,618 97 2.051,028 17
947,00079 595.01496.
2.012.58379 1.6(15.1*2 40
346,272 81 257,285 33!

183,62932
50,29855
59,120 80
2.354 02
66.173 79
8,138 33

894.160 28
205,28837
189,518 72
32,62088
190,011 27
30.647 68

37,288 40 25.918.
10,238 50 7,2.53.8f-3 77
6,53099 5.128.817 65
1,20572 3>'.H.;i4.51
17.75304 1.57S. ]'.••) 37
410 17 WO. 7. 54 32

9,920,148 19
3.300,949 .33
4.149 75
3,113 67
1,036 08'
2.25 c.
0.99 c.
75. 03 p. c.

7.704.897 38
3.S77.033 34
7.4X5 64
4.979 83
2.505 81
2.50 c.
l.lOc.
66.. 50 p. C.

186,085 49

D>f. 2.4.V, i;

1,547 26
1,56796
7)(f. 20 70
2.79 c.
2.37 c.
101. 34 p. c.

648.086 92
246,073 36
2,304 54
1.670 33
63421
2.79 c.
1.43 c.
72.48 p.;c.

36,13864
1,149 76

84043
2674

3.70 c.
4.55 c.
96. 92 p. c.

7.420.74962
4.1.05 114
3.500 92
1,40502
2.376 c.
1.06 c.
71. 36 p. c.

Xet Earnings per Mile

Aver. Rate per Pass, per Mile.

Aver. Rate per Ton per Mile.

Expenses to Earnings

* Includes Little Rock and Fort Smith. Little Rock Junction, and Kansas and Arkansas Valley Rys.

.his amount is less than the sum of the figures <>f the several divisions, and is due to each passenger run-
ning over two cr more lines being counted as one^ passenger for the svstem.

i This amount is less than the sum of the figures of the several divisions, and is dne to each ton running
over two or more lines being counted as one ton for the system.

802 POOR'S MANUAL — THE MISSOURI PACIFIC RY. CO.

Statement of operations of all lines for five years :

1887

1888

1889

1890

1891

Miles RR. Operated (Average)
Train Mileage — Passenger. ...

8,asi

5,603,268

4,813

6,661,830

5,019
5,94(5,408

5,109
6,711,052

.-,,28:2. 6!
6,752 773*)

Freight

8,791,214

8,837,779

8,834,683

10.847,413

10,829.0i;-:

Passengers Carried.

4,676,109

5,112,294

5,177,974

5,664,152

5.309 821

Passenger Mileage
Tons Freight Moved

1%,876,864
0,852,048

204,180,611
6,500,379

197,547,252

6,813,391

236,715,883
7,478,435

213,416,030

7,597,178

Tons Freight One Mile
Average Rate per Passenger per Mile. . .
Average Rate per Ton per Mile
Revenue per Passenger

1,342.463,471
2.50 c.
1.23c.
$1.05
2 42

1,288,540,615
2.43 c.
1.15C.

$0.9717

2 27

1,428,576,397
2.45 c.
1.13C.
$0.9358
2 37

1,744,226,042
2.159c.
. 1.026C.
$0.90224
2 39217

1.719.470,173
2.376 c.
1.080 c.

$0.95484
2 39895

Earnings.
Passenger .

$
4,930,047

$
4,964,473

$
4,845,651

$
5,119,783

5,070,048

Freight
Other

16,560.853
2,029,100

14,770,942
2,454,139

16,178,135
2,469,681

17,901,277
2,452,524

18,224,486
2,623,572

Total Earnings

23,520,000

22,189,454

23,493,467

25,473,584

25,918,106

Operating Expenses ... . ...

14,638,270

15,852,843

15,532,884

18,096,952

18,495,357

Net Earnings
Gross Earnings per Mile

8,881,730
6,139 39

6,336,612
4,610 32

7,960,583
4,680 91

7,376,632
4,906 31

7,422,750
4,905 94

Expenses per Mile
Net Earnings per Mile

3,821 01
2,318 38

3,293 76
1,316 56

3,094 82
1,586 09

3,4&5 55
1,420 76

3,500 92
1,405 02

Expenses to Earnings

62.24 p. c.

71.44 p. c.

66. 12 p. c.

71 .042 p. c.

71.361 p. c.

General Balance Sheet, Missouri Pacific Ry. Co., December 31, 1891.

Construction, Equipment, etc

Stocks and Bonds

Materials and Fuel

Due from Agents and Others

Cash on Hand

$50,639,208 31

51,766,390 11

775,585 31

5,778,275 52

973,678 12

Total Asset* ... $109,933,137 37

CapitaljStock

Funded Debt

Vouchers for Dec., payable Jan. 15, 1892.

Interest Due and Accrued

Advances by Directors

Profit and Loss. . .

Total Liabilities

$47,432,850 00
51,376,000 00
2,774,519 49
1,177,041 66
3,642,527 73
3,530,198 49

$109,933,137 37

Income Account, Missouri Pacific Ry. and Branches, year ending December 31, 1891.

To Accrued Interest on Bonds —

1st Mtge., Pac. RR. of Mo. . . $280,000

2d Mtge., Pac. RR. of Mo 154,380

R. E. Sec., Pac. RR. of Mo. . . 64,000

1st Mtge., Pac. RR. of Mo.,
Carondelet Branch 14,700

3d Mtge., Mo. Pac. Ry 267,960

1st Mtge., Mo. Pac. Ry., Lex-
ington Div 32,500

let Collateral Mortgage 350,000

Cons. Mtge. Mo. Pac. Ry 894,240

Trust 5 per cent 718,800- $2,776,580 00

To Taxes, Rentals, Dividends, etc 3,247,654 60

To Bal. to Cred. of Inc. Acct., Dec. 31, 1891 3,530,198 49

By Surplus Earnings $3,300,949 33

By Dividends Received, etc 609,504 60

By Waterloo and Carondelet T. & F. Co.—

Earnings, 1891 $49,937 31

Less Expenses, 1890 25,38773— 24,54958

By Bal. to Cred. of Inc. Acct. Jan. 1, 1891. 5,619,429 58

Total .

$9,554,433 09 Total $9,554,433 09

" The charges against net earnings of the Missouri Pacific and Iron Mountain Companies for the year include
$663 431 17, expenses of refunding $7^,000 of Cairo and Fulton first mortgage 7 per cent, bonds, maturing Jan-
uary'1 1891 into General Consolidated Ry. and Land Grant 5 per cent, bonds of the St. Louis, Iron Mountain and
Southern Ry. Company ; also a similar expense of $128,650 for extending, at 5 per cent., $3,573,000 second mort-
gage 7 per cent bonds of the Pacific Railroad of Missouri, maturing July 1, 1891. The funding of these bonds
resulted in an aggregate reduction in interest, annually, of $190,000, and the mortgages requiring the exchange o
bond for bond, the cost of the funding was paid from current earnings. In addition to the Agoing expenses f
funding bonds, the sum of $396,000 was paid in cash for purchase of 1,000 box cars from the National Rolling
Stock Co., and a balance of $442,353.06 for construction of new lines during the year, an aggregate of $1,630,434.
23 The present floating debt of $4,322,917.78, represented by 'Advances by Directors,' can be paid by the dis-
posal of available securities for the purpose now in the treasury, whenever your Board so elects.

POOR'S MANUAL — THE MISSOURI PACIFIC RY. CO.
Statement of operations, capital account, etc., M. P. Ky. proper, for eight years :

803

1884

1885 1886

•

1887

1888

1889

1890

1891

Miles RR. Operated

995.00
1,647,448
2,879,667
1,747,868
80,478,851

419487.08;
*
2,048,467
6,047,889

686,832

995.00 * 1,034.00
1,794,603 1,951,926
-.',283.412 2.7.11.4(14
1,813.4150 2.005,862
83,275,907 87.t573.K3S
8,712,876 3,033,601
408,940.988 475-248-905

2,032,244 2,049,228
5,263,704 5,665,169
648,615; 656,703

1,183.00
2,527,158

3,857,708
2.403.U3*
106479.454

4,000,255

65M]ii,2S5

9

2,532,101
7,322,719
1,250,248

1.33.;.i)0 1,422.00
2.6.V)..-j22 2,593,656
3.551.4i '6 3,432.546
2,711.303 2,795,720
100-758-840 91,063,046
3,863,931' 3,998,492
609,910872640-706.171

2,291,430 2,120,649
5,991,084 6,220,310
1,518,978 I,45r,,4l7

1.448.00
2,699,378
3,894,782
3.U93.3S7
111-089-848
4,638,379
746-961,214

2,132,890
6,451,710

i,3*<uv;3

1,542.45
2.7(53,051

3.891 .265
3,047,874
97.042.156
4.509.338

72> 171.M

2,153.791
6.S72,«0.-,
1,496,289

Passenger Train Miles
Freight Train Miles
Passengers Carried ....

Passenger Miles
Freiirht (tons) Moved
Freight (ton) Miles

Passenger Earnings

Freight Earnings
OtluT Earnings

Total Earnings
Operating Expenses

8,777,627
4,492,877

7.103.568 8.371,100 11,105,068
4,338.319 4,941,042 6,638,844

9,801,492
6,666,512

9,797,376
6,194,229

9,974,263
7,028,097

10,522,685
7,099,655

3,423,030
634,055

Net Traffic Earnings
Other Receipts

Available Revenue

4,284,750
198,900

3.605.244 3.430.058
774.137 1.342.982

4.466.224
3.241.033

3.245.980
948,857

3,603,147
1,981,794

2,946,166
2,364,675

4.478.653
1,798,200
114,600
Ct) 2,098,106
647,456
- 179,769
8.857 34
4,533 68
4.323 66
51. 18 p. C.
2.54 c.
1.44 c.

995.00
1,223.00
847.00
184
77
32
5,421
141

29,974,800
28,895,000
504,693
799,068
4,884,794

4.379.381 4.773.040
1.7*7.250 1.875.470
112.996 107, 662
(1) 2,098,236 (7) 2.531.770
472,396 552.242
- 91,497 - 294.104
7.983 48 8,072 42
4.3(50 12 4.764 74
3,623 36 3.307 68
54.61 p.c. 59.03 p.c.
2.44 c. 2.34 c.
1.29 c. 1.19 c.

995.00 982.00
1.223.00 1.231.00
847.00 1.104.00
176 229
80 112
32 31
6.081 7.515
138 137

s $

29,974.800 39,959,600
40.000,000 30.000,000
512.401 514.271
1,560.687! 3.494,508
4.793,296J 4,499.193

7.707.257
2,849,407

144.261
(7) 3,008,174
618,004
+1,587-411
8.977 42
5.366 89
3,610 53
59. 78 p.c.
2.37 c.
1.12 c.

1,025.00
1.362.00
1,142.00
308
172
52
10.889
240

43.974,850
44.302.000
752,665
3.968.128
6.086,607

4.175.910
2,585,718
149.307
M) 1,539,120
1,598,318
— 1,641.553
7.336 45
4.90682
2.42963
66.88p.c.
2.27 c.
0.98 c.

1,162.00
1,484.00
1,239.00
319
170
63
10.878
261

43.974.850
44.376.000
718.217
2.481.523
4,445,051

5.584,941
2,458,485
180,290
(4) 1,758,994
508,740
+ 678,432
6.88986
4.35600
2.53386
63. 22 p.c.
2.33 c.
0.97 c.

1,168.00
1,517.00
1,249.00
321
234
65
11,718
206
$
44,974.850
44:376.000
731,021
7.444.739
5,123.4*3

5,310,841
2.598,143
140,724
4. I.*23.4y8
252,530
+ 495,946
6,95555
4,90104
2.054 51
70. 46 p.c.
1.92 C.
0.86 C.

1.194.00
1,548.00
1.403.00
331
253
67
12.570
213
$
47,426,300
51.376,000
932.939
4.942.346
5,619,430

4,057.085
2,776,580
139,682

(3) 1,422,360
1.807.194
-2.089,231
6,87622
4,63939
2.236 S3
67. 47 p. c.
2.28 c.
0.94 c.

1,241.19
1,609.92
1,398.03
337
255
68
12.162
421

47.432.850

51.376,000
1.177.042
6,417.047
3,530,198

Interest Paid
Lease Rentals

Dividends
Other Pavments

Balance (+ or-)
Gross Earnings per Mile . . .
Gross Expenses per Mile . .
Net Earnings per Mile
Expenses to Earnings
Aver. Pass.-Mile Rate
Aver. Ton-Mile Rate

Miles RR. Owned
Miles Track Owned
Miles of Steel Rail

Locomotive Engines

Passenger Cars

Baggage, etc., Cars
Freight Cars

Caboose and Other Cars. . .
Capital Stock

Funded Debt

Unpaid Interest

Sundry Accounts

Profit and Loss

Total Liabilities
Road and Equipment
Real Estate
Stocks and Bonds

65,058,355
49,618,132 J-

21,776,077

1,094,682
991,620
577,844

66.341,184 78,467.572
40.748.625 43.745.221
413.702 47(5.409
22.650. 983 26.ti42.W5
1,080,774: 1.601.291
897,370 3.273:250
549,780j 2,728.78(5

99,084,247
46,858.355
527.215
44.320.154

1.2K1.203
5.547,9-18
614.372

95,995,641
47.173,551
799,570
46,744,254
680,931
131,790
465,545

102,650633 '110-297.015
50.339,643 51,078,982

109,933,137
50,639,208

47.2(32.059 53,023,538 51,766,396
730.310 878,730; 775.585
2.953.070 4.639.376; 5.778.276
1.3(55.010 676,389| 973,678

Materials and Fuel
Sundry Accounts

Cash on Hand .

Total Assets

65,058,355 66,341,184 78,467,572

99,084,247' 95,995,641

102.650-»j93

1 10.297,015 109,933,137

Statement of funded debt in detail, December 31, 1891 :

Date of
Bonds.

AMOUNT.

CHARACTER OF BONDS.

Maturity
of Bonds.

Rate of
Interest.

Interest
Payable.

j Date of
Mortgage.

Author-

Out-

ized. ;

standing.

IstMtg.Pac.RR. of Mo.*..
2dMtsr. Pac. RR. of Mo.t..
Real Es. Mtg. Pa. RR. of Mo
1st Mtg.Caron.Br.P.RR..Mo
3d Mtg. Mo. Pac. Rv . .
1st Mtg. M. P. Ry.,Lex.Div.
1st Mtg. ConsoPd M. P. Ry.
Trust 5 per cent

Aug. ,
July ,
May ,

Oct. ,
Nov. .
Oct. ,
Nov. ,
Jan. ,
Aug. ,

1868
1871
1872
1873
187(5
1880
1880
1887
1890

Aug.
Jnlv
May
Oct.
Nov.

A«g.
Nov.
Jan. 1
Aug. 1

1888
1891
1892
1893
1906
1920
1920
1917
1920

$7,000,000 87,000,000
3,000,000 2,573,000
800,000' 800,000
500,000 245,000
4,500,000 3,828.000
650,000 650,000
30,000.900 14,904,000
15,000,000 14,376,000
10,000,000 7,000,000

6 p.

11

6 p.
7 p.
5 p.
6 p.
5 p.
5 p.

c
c
c.
c.
c.
c.
c
c
c

gold
c'y
c'y
gold
c'v
gold
gold
gold
gold

Feb. & Aug. July 15. 1868
Jan. & July July 1, 1871
May & Nov. Apl. 19, 1872
Apl. & Oct. .Oct. 1,1873
May & Nov. 1 Nov. 1, 1876
Feb. & Aug. j Oct. 1,1880
May & Nor. Nor. 1, 1880
Mar.& Sept.iJan. 1, 1887
Feb. & Aug. July 15, 1890

1st Collateral Mt»-..

* Extended 50 years from August 1, 1888, at 4 per cent, gold ; bonds mature Angust 1, 1938
t Extended 47 years from July 1, 1891, at 5 per cent.; bonds mature July 1. 1938.

80 i POOR'S MANUAL — THE MISSOURI PACIFIC RY. CO.

The Pacific RR. of Missouri 1st mortgage bonds are secured on the main line from St.
Louis, Mo., to Kansas City. Mo., 284.13 miles, with rolling Flock, machine shops, and depots
— about $25,000 per mile. Bonds are $1,000 each ; coupon with privilege of registration.
These bonds were originally 6 per cent., dated July 15. 1808, and matured August 1, 1888.
They were extended for 50 years from the latter date, at the rate of 4 per cent. Trustee,
Mercantile Trust Co., New York, N. Y. Listed on the New York Stock Exchange.

The Pacific RR. of Missouri 2d mortgage bondx are secured on the same line as, but sub-
ject to the first mortgage. They are for $1,000 each, and have a sinking fund of $50,000
per annum. These bonds were extended 47 years at 5 percent, from July 1, 1891. Trustees,
Edwin D. Morgan and Joseph Seligman. Listed on the New York Stock Exchange.

The real estate mortgage, currency bonds (P. RR. of Mo.), are secured on four blocks of
ground in the city of St. Louis, Mo., valued at $2,500,000. Bonds No. 1 to 600 are for $1,000
each, and from Nos. 601 to 1.000 are $500 each. These bonds matured May 1, 1892, and were
extended 46 years at 5 per cent.; principal and interest payable in New York City. Trustees,
R. J. Lackland and Dwight Durkie.

The Carondelet Branch (P. RR. of Mo.) 1st mortgage bonds, are secured on the line from
Kirkwood, Mo., to Carondelet, Mo., 12.44 miles. They are for $1,000 each, and are numbered
from 1 to 500 inclusive. Coupons payable at the National Bank of Commerce. New York,
N. Y., April 1 and October 1. Trustees, Jesse Seligman, New York, N. Y., ami James
Baker, St. Louis, Mo. Listed on the New York Stock Exchange.

The third mortgage (Mo. Pac. Ry.) bond* of 19C6 were issued on the organization of the
original Missouri Pacific Ry. Co. as successor to the Pacific RR. of Missouri in 1876. Those
bonds are secured by third mortgage on the main line and the Carondelet branch, forming
the old Pacific RR, of Missouri. Total issue, $4,500,000, of which $672,000 were exchanged
for consolidated mortgage bonds, leaving outstanding, $3,828,000 as above. They are $1,000
each. Interest payable at the office of the Mercantile Trust Co., New York, N. Y. Trustee,
Central Trust Co., New York, N. Y. Listed on the New York Stock Exchange.

The Lexington division bonds are secured by first mortgage on the line from Lexington.
Mo., to Sedalia, Mo , 55.5 miles. They are $500 and $1,000 each. Interest payable at the
office of the Mercantile Trust Co., New York, N. Y. Trustee, Jesse Seligman, New York, N. Y.

The amount of consolidated mortgage bonds authorized is $30,000,000, of which $15,-
096,000 are reserved to cover prior liens. The bonds outstanding ($14,904,000), are secured
on the following lines of road, aggregating, approximately, 1,082 miles : St. Loais, Mo., fia
Kansas City to Omaha, Neb. (total distance, 497 miles — 2 miles leased), 495 miles ; Coron-le-
let branch, 13 ; Sedalia, Mo., via Lexington to Independence, Mo., 88 : Laclerie, Mo., to
Creve Creur Lake, Mo., 12 ; Warrens burgh branch, 3 ; Glencoe branch, 4 ; Jefferson
City, Mo., to Bagnell, Mo., 45; Paola, Kan., to Leroy, Kan., 61 ; Osawatomie Junction, Kan.,
to Ottawa, Kan., 20 ; Pleasant Hill, Mo., to Joplin, Mo., 13>> ; Nassau, Mf>., to. Chetopa,
Kan., 74 ; Lincoln Junction to Lincoln, Neb., 34; Boonville, Mo., to Lexington, Mo., 78
Leavenworth to Atchison, Kan., 22 — total, 1,082 miles; also upon all franchises, rolling
ttock, etc., now owned or that may hereafter be acquired. Bonds are $1,000 each ; coup< n
with privilege of registration as to principal. No sinking fund. Interest payable in gold at
the office of the Mercantile Trust Co., New York, N. Y. Trustees, John F. Dillon and
Edward 1). Adams.

The trust 5 per cent, bonds were issued under authority of a resolution of the stockhold-
ers, adopted December 10, 1886, and are secured by a deposit in trust of 1st mortgage bonds
of railway -companies controlled or operated as part of its system by the Missouri Pacific Ry.
Co. The issue of this series of bonds is limited to actually completed mileage of railroads
whose 1st mortgage bonds are deposited in trust as above. These bonds are for $1,000 each,
and may be registered as to the principal only with the coupon still attached, or, as to prin-
cipal and interest with the coupons detached and cancelled. Bonds can \»> registered at the
office of Mercantile Trust Co., where also i he interest is payable. Issue limited to $15,000,000.
Trustee, Union Trust Co., New York, N. Y. Listed on the New York Stock Exchange.

POOR 8 MANUAL — THE MISSOURI PACIFIC RY. CO.

805

The following is a statement of the companies issuing the underlying bonds, the mileage,
rate per mile, and the amount of bonds held by the Union Trust Company, and trust five per
cent, bonds issued by the C'liion Trust Company, trustee, up to the present time :

XVME OF COMPANY.

Bond? Deposited in Trust.

Trust 5 p. c. Bonds Issued.

Rate per
Mile.

Amount of
Bonds.

Rate per
Mile.

Amount of
Bonds.

Denver, Memphis & Atlantic Railway Co..
•it. Wichita £ Wrsn-rn Railway Co.
Iv'in-ja* »t Colorado Kailroad Co

410.71
3'i'J. 8--)
13.-). 4*5
40.10
46.78
24.91
151.89

SH..OOO

15,000
15,000
15,000
15,000
15,000
15,000

$6,561,000
4,W6,000
2.<» 41,000
600,000
705,000
372,000
2,270,000

$12,000
15,000
K,OW
12,000
llflW
12,000
12,000

$4.920,000
l.iHW.OOO
1,632,010
480,000
5»>4.000
298,000
1,816,000

Salina. Sterling & El Paso Railroad Co ...
Wichita & Colorado Railway Co.
Kau .-a:- Southwestern Raihvav Co

Purblo A: State Line Railroad Co
Total

1,119.70

$17.215,000

$14,376,01)0

All of the lines of railway referred to above, the securities of which have been deposited
with the Union Trust Company, are completed and in operation. The trust 5 per cent, bonds
are issued at the rate of $12,000 per mile of completed road, in all cases except the Fort
Scott, Wichita and Western Railway Company (the successor of the St. Louis, Fort Scott
and Wichita Railroad Company), which is at the rate of $15,000 on 311 miles.'

The collateral trust bonds were issued by authority of the stockholders at a special meet-
ing held July 15, 1890, in pursuance of a plan for discharging the flouting debt and for pro-
viding means for the prosecution of current construction and improvements. Issue is limited
to $10,000,000 ; to be issued at a rate not exceeding 80 per cent, of the par value of the de-
posited and underlying 1st mortgage bonds of auxiliary companies. Bonds are $1,000 each.
Bonds may be registered at to principal only, with the coupons still attached, or as to princi-
pal and interest, with the coupons detached and cancelled. Interest payable at the office of
the trustee, the Mercantile Trust Co., New York. X. Y. Listed on the New York Stock
Exchange.

The following is a statement of the companies issuing underlying bonds, and the amount
of bonds held bv the Mercantile Trust Co., trustee :

XA.MK OF COMPANY.

Miles.

Amount of
Bonds.

NAME OF COMPANY.

i

Miles.

Amount of
Bonds.

•St. L.. Oak Hill Jc Carondelet Ry.
Kansas Citv »fc Southwestern Kv. .
Kansas City & Southw. Ry. of Sto.
C'ncilG've.i K-iLTfC'v &Ott'wa Ifv.

8.»

27.53
20.70
t.'.t 53

J400,000

550,000
407.000
1.110.000

C'ncil G've, Smoky Vy. & W. Ry.
Kansas City. Neb. A Dakota ". .
Grouse Creek Ry
Rooks Countv RR

27.30
130.00
25. 07
18 25

S417.IMO
-,5.000
376,000

275 <KK)

Topeka, Salina A: Western RR

51 30

1 213 000

Pacific R}" in \ebra~ka

73 00

1 <>»5 000

^Missouri Pacific Rv. in Kansas

r,*.4o

300,000

Iron RR of Memphis ....

1 07

Totals

4W.50

$8,758,000

All the lines mentioned in above table, the securities of which have been deposited with
the Mercantile Trust Co.. are completed and in operation.

Statement showing the dates and rates of dividends (all cash) paid by the company since
its organization :

Date. p. c. Date. p. c. Date. p. c.
Oct. 15,1880. 1* Oct. 2 1888.. 14 Oct.

. . If Jan. -2. 1885.

Date.

Date.

p.c.

V/^L. Lit

Jan. 3
April 1
Jury 1
Oct. 1
Jan. 3
April 1
July 1

1881.

1881.
1881.
1882.

1882!

i*

H

li

u

4

wi. a
Jan. -,'
April •»
July 2
Oct. 1
Jau. 2
April 1
Julv 1

.

1888.
tttti

1SS4.
1884.
1884.

M

M

ii

if
11

April
July
Oct.
Jan.
April
July

, Oct. 1. ISSfi.. If Oct. I.'.

lj Jan. 1. 1S87.. If Jan. 15,

1* April 1.1S87.. 1* April 15. 18-W.

1885.. 1; July 1, 18S7.. lj July 15, 1S89.

:j Oct. 1. »er. 15, 1889.

1886.. li "Jan. 3,1888.. IT .Jan. 15,1890.

' April 1H. 18S8. . H April 15, 1890. . 1

1886.. If July 16,1888.. 1 (July 15,1890.. 1

Date p. c
Oct. 15. 1890.. 1
Jan. 15. 1S91.. 1
April 15, 1891.. 1
July 15, ISsJl.. 1

LAND DEPARTMEXT.— The total sales of the land department of the St. Louis, Iron Moun-
tain and Southern and Little Rock and Fort Smith Rys. during the year aggregated 79,618
acres ; the total amount received from sales of land, including town lots, was $230,178.23.

806

POORS MANUAL — THE MISSOURI PACIFIC SYSTEM.

The following table exhibits the business of the land department during the year and
since date of commencement :

ST. Louis, IRON MOUN-
TAIN & So. RY.

Little Rock
and
Fort Smith

Ry.

Grand
Total.

Missouri
Division.

Arkansas
Division.

Total Number of Acres Originally Granted and Purchased. . .
Number of Acres Unsold December 31, 1890
Number of Acres Sold during 1891

139,375.61

85,842.80
5,736.80

$279
80,761.42

16,004 08
20,680 62
9,122 35
244,276 87
114,617 81
28,772 01

1,343,117.34
693,217.00
59,360.709

$283
678,265.07

168,240 85
169,661 10
99,688 60
2,577,571 02
1,223.985 7'0
372,668 57

1,057,762.79
532,196.23
14,520.68

$314
523,168.40

45,933 30
51,775 04
34,344 55
2,434,184 23
963,925 12
390,882 15

2,540,255.74
1,311,256.03
79,618.189

$289
1,282,194.89

230,178 23
242,116 76
143,155 50
5,256,032 12
2,302,528 63
792,322 73

Average Price per Acre in 1891

Number of Acres Unsold December 31, 1891

Total Amount of Sales, including Town Lots, in 1891

Cash Received in 1891 . . .

Notes Received in 1H91

Gross Receipts of Department since Commencement . . .

Gross Expenses of Dept. and Taxes since Commencement . . .
Notes Receivable, Outstanding December 31, 1891

RAILROADS OWNED OR LEASED BY THE MISSOURI PACIFIC RY. Co.

BOONVILLE, ST. LOUIS AND SOUTHERN RAILROAD.-Boonviile, Mo., to Versailles^
Mo., 43.97 miles. Leaded to the Missouri Pacific Ry. Co. at an annual rental of $25,000. Capital stock— authorized,
$1,000,000 ; par, $125 per share ; subscribed, $400,000 ; funded debt, $400,000. H. BUNCE, President ; J. M. Nel-
son, Vice-President ; Wm. Speed Stevens, Secretary and Treasurer, Boonville, Mo.

HOUSTON, CENTRAL ARKANSAS AND NORTHERN LINE.— McGehee, Ark., to Riv
erton, Ark., 118.68 miles. Sidings, 8.80 miles. Gauge, 4ft. 8i in. Rail (steel, 126.66 miles), 56 Ibs. Chartered
March, 1867 ; road completed as above in 1891. Operated by the Missouri Pacific Ry. Co. Rolling Stock and Opera-
tions.— See page 801. Deficit for year ending December 31, 1891, as per statement, $2,456.17. Received from
adjustment of mail earnings prior to January 1, 1891, $599— net deficit, $1,857.17. Payments : Interest on bonds,
$99,790; taxes, $7,809.31— total, $107,599.31. Total deficit for year, $109,456.48. Deficit forward, $101,464.87—
total, $210.921.35. Financial Statement, December 31, 1891.— Capital stock, $1,766,100; funded debt (1st mort-
gage H. C. A. & N. RR. 5 per cent, coupon bonds, dated June 1, 1889. interest June and December, $1,078,000 ;
1st mortgage H. C. A. & N. Ry. 5 per cent. 30-year coupon bonds, due July 1, 1920, interest January and July,
$917,800), $1,995.800 ; interest due and uncalled for, $180,640 ; interest accrued but not due, $27,436.67— total,
$3,972,821.35. Contra: Cost of road and equipment, $3,761,900 ; profit and loss, $210,921.35— total, $3,972,821.35.
Directors.— Louisiana Corporation : George J. Gould, New York, N. Y. ; W. A. Bright, J. P. Parker, F. G.
Hudson, Monroe, La.; S. H. H. Clark, Geo. C. Smith, H. G. Herbel, St. Louis, Mo. Arkansas Corpora/ion: E.
G. Merriam, St. Louis, Mo. ; G. A. A. Deane, George E. Dodge, Little, Ark. ; Charles C. Buckner, Patrick K.
Savage, Dermott, Ark. Officers.— Louisiana Corporation: GEORGE J.GOULD, President, New York, N. Y.; S.
H. H. H. Clark, Vice- President ; George C. Smith, Secretary ; D. S. H. Smith, Treasurer ; C. G. Warner, Gen-
eral Auditor, St. Louis, Mo. Arkansas Corporation: E. G. MERRIAM, President; Geo. E. Dodge, Vice- President,
Little Rock. Ark.; George C. Smith, Secretary and Treasurer, St. Louis, Mo. PRINCIPAL OFFICE AND ADDRESS,
Monroe, La. Transfer Office, 195 Broadway, New York, N. Y.

KANSAS AND ARKANSAS VALLEY RAILWAY.— Zme of Road.— Van Buren Junction,
Ark., to Coffeyville, Kan., 164.83 miles ; Cherokee Junction, I. T. to Arkansas State Line, 5.20 miles— total, 170.03
miles. Sidings, 8.03 miles. Gauge, 4 ft. 8£ in. Rail (steel, 176.96 miles), 56 Ibs. Chartered under laws of Arkan-
sas in 1885. Construction begun in 1887, and road opened to Wagoner, I. T., August 13, 1888 ; to Coffeyville,
Kan., November 21, 1889. Operations, etc., are included in those of St. L., I. M. & S. Ry., shown on page 801,
statement of Missouri Pacific Ry. Co. Financial Statement, December 31, 1891. —Capital stock, $1.700,300 ;
funded debt, $3,400,000 1st mortgage 5 per cent. 50-year gold coupon bonds (authorized, $20,000 per mile), due
January 1, 1937, interest January and July ; interest accrued, $&5,000— total liabilities, $5,185,300. Contra : Cost
of road and equipment, $5,100,300 ; accounts due, $85,000— total assets, $5,185,300. Directors (elected April 28,
1892).— George J. Gould. Edwin Gould, Jay Gould, New York, N. Y.; S. H. H. Clark, St. Louis, Mo.; F. R.
McKibben, R. S. Hynes, W. H. Shibley, Van Buren, Ark. ; George E. Dodire, G. A. A. Deane, Little Rock, Ark.
Officers'.— GEORGE J. GOULD, President, New York, N. Y.; S. H. H. Clark, Vice-President and General Manager,
St. Louis, Mo.; A. H. Calef, Treasurer and Secretary, New York, N. Y.; C. G. Warner, General Auditor, St.
Louis, Mo. PRINCIPAL OFFICE AND ADDRESS, St. Louis, Mo.

LERQY AND CANEY VALLEY AIR-LINE RAILROAD.— Leroy to Peru, Kan., 51.77 miles-
Sidings, 2 miles. From Roper to Peru, 40 miles, was built in 1886 ; the rest of the road in 1887. The company
was chartered June 10, 1885; and construction contracts were let in November of the same year. A controlling
interest is owned by the Missouri Pacific Ry. Co., and the road is operated by that company. Rental for 1891,
$26,000, which was paid as interest on bonds. Capital stock ($1,000,000 authorized), $480,000 ; funded debt, 1st
mortgage 5 per cent. 40-year $1,000 gold bonds, due January 1, 1926, interest payable January and July, $520,000—
total stock and bonds, representing co-*t of road and eqnip'ment, $1,000.000. Bonds are guaranteed by the Mis-
souri Pacific Ry. Co.; interest payable at the office of the Mercantile Trust Co., New York, N. Y. GEORGE J.
GOULD, President ; A. H. Calef, Treasurer ; George C. Smith, Secretary, St. Louis, Mo.

VERDIGRIS VALLEY, INDEPENDENCE AND WESTERN RAILWAY. -Leroy to
Deering Junction, Kan., 80.61 miles. Sidings, 5 miles. Gauge, 4 ft. 8| in. Steel rails, 81 miles. Chartered May 6.
1885. Road opened from Leroy to Independence, September 9, 1886. Leased to the Missouri Pacific Ry. Co. Rental
for 1890, $40,300, which was paid as interest on bonds. Capital stock, $804,900 ; funded debt (1st mortgage 5 per
cent. 40-year $1,000 gold bonds, dated February 1, 1886, interest March and September), $806,000— total, represent-
ing cost of road, etc., $1,610,900. Trustee. American Loan and Trust Co., New York City. GEORGE J. GOULD,
President, New York, N. Y.; George C. Smith, Secretary, St. Louis, Mo.; A. H. Calef, Treasurer. CORPORATE
OFFICE, St. Louis, Mo.

POOR'S MANUAL — THE MISSOURI PACIFIC SYSTEM. 807

LITTLE BOCK AND FORT SMITH RAILWAY.-.l^m, Lint* of Road. -Argenta, Ark., to
Van Buren Junction, Ark., 158.85 ; St. L. & S. F. Ry. .Junction 10 Fort Smith, Ark., 3.h3— total, 162.68 miles.
Branches: Ouita Junction to Coal Mines, 0.42 ; Coal' Hill to Lloyd' s, Ark., 2.t!6 ; Ward's Junction to Ward's,
Ark., 1.25— total, 4.33 miles. Total length of main lines and branches, 1(57.01 miles. The company also uses
•Oder trackage contract the St. Louis and San Francisco Ry. bridge from Van Buren Junction to St. L. & S. F.
Junction. Ark.. 1.4 miles. Sidings, 17.54 miles. Gauge, 4 ft. 8J- in. Rail (steel. 88.3 miles), 52, 56, and 70 Ibs.
The Little Rock and Fort Smith RR. was sold in December, 1881, and the company reorganized under present
title. Road completed in 1876. Rolling Mot-k and (.fix-ration* are included in those of the St. L., I. M. & S. Ry.
shown on page 801, statement of Missouri Pacific Ry. Co.

General Balance Sheet, December 31, 1891.

Construction, Equipment, etc $6,064,321 56

Real Estate, etc 913 82

I". S. Land Grant. Arkansas 1.G04.724 7T,

Stocks and Bonds 124,211 US

Cash on Hand 3.029 a~)

Current Accounts . . . 260.256 61

Total Assets $8,067,45808

Capital Stock £4.505,308 58

1st Mortgage Bonds and Scrip 2,652,074 75

Interest Due and Accrued 92,041 80

Profit and Loss 808,032 95

Total Liabilities $8,057,458 08

Funded debt consists of 1st mortgage 7 per cent. 30-year land grant and sinking fund coupon ($500 and $1,000)
boads, due January 1, 1905, interest payable January and July, at treasurer's office, Boston, Mass. Land Depart-
ment.— See statement of Missouri Pacific Ry. Co. Annual meeting, last Thursday in April. Ownership of stock
for three months entitles holder to vote. Trustees of bonds. C. W. Huntington and George Riplcy. Directors
(elected April 28, 1892).— Jay Gould. George J. Gould, Edwin Gould, New York. X. Y.; S. H. H. Clark. St. Louis,
Mo.; George E. Dodge, B. S.Johnson, W. H. Pemberton, O.B.Moore. G. A. A. Deaoe. Little Rock, Ark.
Officers: GEORGE J. GOULD, 'President, New York, X. Y. ; S. H. H. Clark, Hce- Preside/if and General Manager*
St. Louis, Mo.; A. H. Calef, Secretary and Treasurer. Xew York. X. Y.: O. B. Moore. Asst. S. A A*st. T.. Liltle
Rock, Ark. PRINCIPAL OFFICE AND ADDRESS, '.ittle Rock, Ark. Transfer Office. 195 Broadway, New York City.

LITTLE BOCK JUNCTION RAILWAY. — Li ne of Road : Argenta, Ark., to East Little Rock,
Ark., 0.59 mile. Sidings, 0.34 mile. Gauge, 4. ft. 84 in. Rail (steel), 56 Ibs. Chartered in 1883 ; road opened
December 9, 1884. This road, which includes a bridge over the Arkansas River at Little Rock, is used as a con-
necting link between the Little Rock and Fort Smith and Little Rock, Mississippi River and Texas Rys. The
company owns no rolling stock. Operations, etc., are shown in the statement of the St. L., I. M. & S. Ry. shown
on page 801. Rental, year ending December 31, 1891, §29,362.50 ; interest and dividends, $9,020.42— to'tal, $38,-
382.92, Paid interest on bonds, §29,362.50. Surplus, $9,020.42. Surplus forward, $19,301.60— total, $28,322.02.
Financial Statement, December 31, 1891.— Capital stock, $400,000 ; funded debt (1st consolidated 6 per cent. 25-
year $1.000 coupon bonds, due April 1, 1916, interest April and October), $435,000 ; interest accrued, $7,155;
profit and loss, $28,322.02— total, $870,477.02. Contra : Cost of road, $863,322.02 ; due from sundry railroads and
individuals, $7,155 — total, $870,477.02. Interest payable at Boston, Mass. Annual meeting, last Thursday in
April. Trustees of bonds. F. Gordon Dexter and E. H. Winchester. Directors (elected April 28, 1892). — George
J. Gould, Edwin Gould, Xew York, X. Y.; S. H. H. Clark, St. Louis, Mo.; Geo. E. Dodge, B. S. Johnson, G. A. A.
Deane, W. H. Pemberton. Little Rock, Ark. Officers: GEORGE J. GOULD, President, New York. N. Y. ; S. H.
H. Clark, Vice-President and General Manager, St. Louis, Mo. ; A. H. Calef, Secretary and Treasurer, New
York, N. Y. ; C. B. Moore, A**l. Sec. and As*t. Treas., Little Rock, Ark. PRINCIPAL OFFICE AND ADDRESS,
Little Rock, Ark. Transfer Office, 195 Broadway, Xew York, N. Y.

SEDALIA, WARSAW AND SOUTHWESTERN RAILWAY.-i^ of Road : Sedalia
Mo., to Warsaw, Mo., 43.23 miles. Sidings, 2.17 miles. Gauge. 3 ft. Rail (iron), 36 Ibs. Chartered as the Sedalia'
Warsaw and Southern Ry. Co. September 16, 1^79 ; road opened throughout on December 1, 1880. On August 1,
1881, it was purchased by the Missouri Pacific Ry. Co., and has since been operated in connection with that com-
pany's Missouri Division. Reorganized early in 1891 under the above title. It is proposed to change gauge to
standard width. Rolling Stock, Operations, etc., included in statement of Missouri Pacific Ry. Co. on page 801.
Financial Statement, December 31, 1891.— Capital stock, $516,000 : due to Missouri Pacific Ry. Co. on current
account, $10,261.92— total. $52(5,261.92. Contra: Cost of road and equipment. $524,418.60; income account,
$1,843.32— total, $526,261.92. Annual meeting, first Monday in June, at Sedalia, Mo.; books close 30 days pre-
viously. Trustees of bonds, Carlos S. Greeley and John D. Perry, St. Louis, Mo. Directors (elected April 15,
189-2).— Geo. J. Gould, New York, N. Y.; C. S. Greeley, S. H. H. Clark, Geo. C. Smith, E. G. Merriam. St. Lonis,
Mo. Officers : GEORGE J. GOULD, President, New York, N. Y. ; C. S. Greeley, Vice- President. St. Louis, Mo. ;
F. W. Irland, Secretary, St. Louis, Mo. ; A. H. Calef, Treasurer, New York, N. Y. PRINCIPAL OFFICE AND
ADDRESS, St. Louis, Mo.

ST. LOUIS IRON MOUNTAIN AND SOUTHERN RAILWAY.— J/eri« Line of Road :
St. Louis, Mo., to Texarkana. Ark., 489.78 miles ; branches and leased (shown in detail on page 799), 1,057.44
miles— total length of lines, December 31, 1891, 1,547.22 miles. 2d track, 10.46 : sidings, 282.53 miles. Gauge, 4
ft. 8i in. Rail (steel, 1,071.11 miles), 35 to 76 Ibs. History— See MANUAL for 1889, page 806. Rolling Stock and
Operations for year ending December 31, 1891.— See statement on page 801.

Income Account, year ending December 31, 1891.

To Accrued Interest on Bonds —
1st mtge. St. Louis & Iron

Mountain RR $280,000 00

2d mtge. St. Louis & Iron

Mountain RR 420,000 00

1st mtge. St. Louis & Iron

Moun. RR. (Arkansas Br.) 175,000 00
1st mtge. Cairo, Arkansas &

Texas RR 101,50000

General Consolidated Ry. &

Land Grant Mortgage 1,281,850 00

First Preferred Income 13,120 67— $2,271,470 67

Taxes, Bridge Expenses, etc 1,586,22870

Balance to Credit of Income Account,

December 31, 1891 3,775,76254

Total $7,633,46191

By Surplus Earnings for year $3,877,033 34

Dividends received, etc 20,413 81

Balance of Income Account. Jan. 1, 1891 3.736,014 76

Total $7,633,461 91

Land Departjnent.—(Sz* statement Missouri Pacific Ry. Co., page — .)

The Missouri Pacific Ry. Co. owns $25.702,405 of the stock, leaving in the hands of the public and listed on
the New York Stock Exchange, $81.795. The Missouri Pacific acquired its interest in this company in 1881,
issuing three shares of Missouri Pacific stock for every four shares of Iron Mountain.

808

POOR S MANUAL — THE MISSOURI PACIFIC SYSTEM.

General Balance Sheet, December 31, 1891.

To Cost of Road and Equipment, etc $61,502,090 2$

Advances, Accounts, Surveys 26,442 42

United States Land Grant in

Arkansas g2,093,281 93

United States Land Grant in

Missouri Ill ,886 70—2,205,168 63

i Investments in Stock and Bonds 8,561,617 29

Cash 90,309 18

By Capital Stock $25,784,200 00

Funded Debt 39,751,275 71

Car Trust Obligations

Iron Mountain Car Trust,
Series " D " $5S5,500 00

Iron Mountain Car Trust,

Series "E" 197,00000— 782,50000

Interest Due and Accrued —

Due and uncalled for 36.394 71

Accrued but not due 541.3(50 ,S2— 577,755 53

Sundry Accounts Pnyable. Balances 1,033,744 02

Advances by Directors 680.390 00

Balance of Income Account, Dec. 31, 1891 3,775

Total $72,385,627 80 Total. . .

funded debt outstanding January 1, 1892 ($39,751,2r5.71) :

.. $72,385,627 80

MORTGAGES.

Date of
Mortgage.

Date of
Bonds.

Maturity of
Bonds.

AMOUNT.

INTEREST.

Authorized.

Out-
standing.

Rate.

When
Payable.

1st Mtee., St. L. & I. M. RR. . .

Aus:. 1, '67
Mav 1, '72
Apr. 15, '70
Junel, '72
Jan. 1, '79
Mar. 15, '81

Aug. 1, '67
May 1, '72
Junel, '70
June 1, '72
Jan. 1, 79
Mar. 15, '81

Aug. 1, 1892
May , 1897
June , 1895
June 1, 1897
May , 1897
Apr. . 1931

$
4,000,000
6,000,000
2,500,000
1,500,000
4,184,000

4.000,000 00
6.000,000 00
2.500,000 00
1.450.00000
159.500 00
25,639.000 00
2,77571

?cC'
7g.
"g-
7g.
7g.
5fr

Feb. &Aug.
May & Nov.
June & Dec.
June & Dec.
March.
Apr. & Oct.

2d Mtge., St. L. & I. M. RR. . . .

1st. Mtge., St. L. & I. RR., Ark. Br.
1st, Mtge., Cairo, Ark. & Texas RR.
1st. Prf .In.,St.L.,I.M.&S.Ry.C'd M.
Gen'l Con. Ry. & Land Grant Mtg.
Gen Cons. Ry. L. G. Frat. Scrip..

The Sf. Louis and Iron. Mountain fir at mortgage 7* of 1892 are secured by a first lien on the main line from
St. Louis to Pilot Knob, 86 miles, the Potosi branch. 4 miles, and the Belmont branch. 120 miles— total, 210 miles.
Trustee. Farmers' Loan and Trust Co., New York. The " A rkan*(t« KranrJi '' bojtdx are secured by a first lien on
that portion of the main line from Pilot Knob to the Arkansas State Line, ](!() miles. Trustee, Farmers1 Loan and
Tni*t Co., Nevy York. The second mortgage bonds of 189?' are secured by a lien on the 310 miles of road above
described, subject to the prior liens of the aforementioned mortgages. Trustees, George Cabot Ward and Wm.
H. Swift. The Cairo, Arkansas and rj'e.ran Ixtnd* are secured on Cairo branch, 71 miles. Trustee, Robert B.
Minturn. The first preferred income bonds were issued for deferred interest on bonds of the several clasM-.-.
These income bonds bear interest at the rate of 7 per cent, per anunm. payable, if earned, in March of each year,
and accumulative. The general consolidated railway and land (/rant mortgage covers all the property and fran-
chises of the company. The amount originally provided was $88.03^,000, or $2,000,000 more than the then existing
' bonded debt of the company, to retire which an equal amount of these bonds was set apart, the excess being used
in improving the road. Trustee, Mercantile Trust Co.. New York. Bonds of all classes are $1.000 (seconds of
1872-97 are also £200), and coupon with privilege of registration. Interest on all bonds payable at office of .Mer-
cantile Trast Co., New York ; on sterling seconds, in London.

In addition to the several issues of bonds above enumerated, there are outstanding $7S2. 500 Iron Mountain
Car Trust bonds, bearing interest 6 per cent., payable quarterly on the first days of March, June, September, and
December, at the office of the trustees. 195 Broadway, New York City, annual payments about $122.500 and
interest on outstanding certificates until December 31, 1898. at which 'time all outstanding certificates will be
paid off and cancelled, and the St.. Louis. Iron Mountain and Southern Ry. Co. will become absolute owner of all
rolling stock now owned by the Iron Mountain Car Trust. The purchase of 25 locomotives, 1,500 box cars. 200
furniture cars, and 200 refrigerator cars was placed under the Iron Mountain Car Trust upon payments distributed
over a period of ten years.

Amount due Iron Mountain Car Trust, December 31,1891 : Series"!)," $585,500: series "E," $197,000—
total. $782,500.

Director* (elected March 8,.1892).— Jay Gould. George J. Gould, Russell Sage, George W. Allen, A L. Hop-
kins, Samuel Shethar, John T. Terry, D. D. Parmly, Victor Morawetz, New York, N. Y.: Henry Whelen. Philadel-
phia, Pa.; Rufns J. Lackland. S. H.~H. Clark, St. Louis, Mo.: Logan H. Roots, Little Rock, Ark. officer* : JAY
GOULD, President, New York City ; S. H. H. Clark, 1W Vice-Pretifant and General Manager, St. Louis, Mo. :
George J. Gould, 2U Vice-President, New York City ; George C. Smith, Aftsf. General Manager^ St. Louis. Mo. ;
A. H. Calef. New York, N. Y., Secretary, Treamne.r. aixf TYantfer Agent ; S. D. Barlow, Assistant .Vr/v/r/ry. St.
Louis, Mo.; D. S. H. Smith, Lnmf Twt*>/r<>r, St. Louis. Mo. ;' C. G. Warner. General Auditor. St. Louis, Mo.
PRINCIPAL OFFICE AND ADDRESS, St. Louis. Mo. Fiscal Agency (Treasurer's Office), No. 195 Broadway. New
York City.

Board of Directors, Missouri Pacific Ry. Co., elected March 8, 1892.

Jay Gould

Sidney Dillon.
Samuel Sloan.
Russell Sage..

...New York, N. Y.

S. II. H. Clark.

John P. Munn New York. N. Y

Thos. T. Eekert ...
A. L. Hopkins....
(Jcorge J. Gould. . . "

. John G. Moore.

D. D. Parmly...

I'Mwin (Jould. ..

0:8. Greeley...
St. Louis. Mo.

.New York. N. Y.

. . .St. Louis, Mo.

JAY GOULD, President New York, N. Y.

S. H. H. Clark. 1st Vice-President and General M.uuty< r . . . .St. Louis, Mo.

George J. Gould, 2d Vic.eP resident New York, N. V.

George C. 'Smith, Assistant General Manager St. Louis, Mo.

Sec. and Treas.—A. H. Calef New York, N. Y. I Local Treasurer--!)..^. II. Smith St. Louis. Mo.

General Auditor— C. G. Warner St. Louis, Mo. | Gen. Supt.—A. W. Dickinson

PRINCIPAL OFFICE AND ADDRESS St. Louis. Mo.

Transfer Office 195 Broadwav, New York, N. Y.

POOR'S MANUAL "OF RAILROADS. 809

MOUNT HOPE MINERAL RAILROAD COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused.)

Line of Road. — Mount Hope, X. J., to Port Oram, X. J 3.54 miles.

Sidings, 0.82 mile. Gauge, 4 ft. 8± in. Rail, 56 Ibs per yard.

Rolling Stock. — Locomotive engines, 2.

Gross Earnings in 1890, $32,953.19 ; expenses, $8,813.63.

Financial Statement, December 81, 1890.— Capital stock, $160,000. Contra : Cost of
road, $138,449.96; equipment, $30,828.81— total, $169,278.77.

Directors.— E. F. Hatfield, Percy R. Pyne, B. G. Clarke, New York, N. Y. ; John I.
Blair, Blairstown, N. J.; Dewit C. Blair, Belvidere, N. J.; Seldon T. Scranton, Oxford.
N. J. ; W. P. Hardenberg, Newark, X. J.

JOHN I. BLATR, President Blairstown, X. J.

Secretary and Treas.—E. F. Hatfield.. New York. X. Y. | Gen. Superintendent— Samuel Davis.. Port Oram, N. J.

PRINCIPAL OFFICE AND ADDRESS 52 Wall Street, Xe w York. X. Y.

NASHVILLE AND TELLICO RAILROAD COMPANY.

Line of Road.— Athens, Tenn., to Tellico Plains, Tenn 25 miles.

Gauge, 4 ft. 9 in. Rail, 56 Ibs.

History. — Road built and opened in 1888.

Operations, Financial Statement, etc.— All information refused.

R. L. BRIGHT, President and General Manager Chattanooga, Tenn.

A. S. Thomas, Acting Vice-President Fayetteville, Tenn.

J. D. Bright, Superintendent Chattanooga, Tenn.

PRINCIPAL OFFICE AND ADDRESS Chattanooga, Tenn.

NATIONAL CITY AND OTAY RAILWAY COMPANY.

Main Line of Road.— San Diego, Cal., to Oneonta, Cal 16.29

La Presa Branch : Sweet water J unction to La Presa, Cal 7.83

Ti<i Juana Branch : Tia Juana Junction to Tia Juana. 4.46

ILi.rrison Avenue Line 1.65 — 30.23 miles.

Sidings, 1.83 miles. Gauge, 4 ft. 8£ in. Rail (steel), 40 Ibs.

History. — Consolidation, October 12, 1888, of the Xational City and Otay and the Otay
Ry. Cos. Road built in 1887 and 1888.

Rollinir Stock. — Locomotive engines, 7. Cars — 10 passenger and 30 freight cars.

Operations, etc. — Not reported.

Financial Statement, December 31, 1891.— Stock subscriptions, $472,708.89 ; accounts,
$3,499.73; subsidy, $28,643,20— total, $504,851.82. Contra: Cost of road, $364,957.90;
equipment, $75,894.57 ; materials and fuel, $5,534.16 ; accounts and assets, $4,384.32 ; notes
receivable, $25,943.20 ; cash, $1,445.45; income account, $26,692.22— total, $504,851.82.

This company has made an issue of 1st mortgage 6 per cent. 45-year coupon $1,000 gold
bonds (with provision for registration of principal), due December 1, 1933, interest payable
June and December, in gold, at the office of the trustee, the Boston Safe Deposit and Trust
Co. The bonds are a first lien on all the property of the company, and are authorized at the
rate of $15,000 per mile of completed road. Provision is made for a sinking fund, through
which the bonds may be drawn, upon 30 days' notice, at 110 and accrued interest, in May of
each vear.

810

Directors. — Dwight Brennan, S. W. Richardson, Walter L. Frost, Boston, Mass.; John
E. Boal, F. E. Prendergast, W. C. Eiinball, Henry Gray, National City, Cal.

DWIGHT BRENNAN, President Boston, Mass.

John E. Boal, Vice- President National City, Cal.

Treasurer and Asst. Sec.— 3. H. Goodspeed. Boston, Mass. | Sec. <fe Asst. Treas.— Henry Gray. .National City, Cal.
PRINCIPAL OFFICES Mason Building, Boston, Mass., and National City, Cal.

NEW ORLEANS, FORT JACKSON AND GRAND ISLE RR. CO.

Main Line of Road. — New Orleans, La., to Buras, La 59.6

Grand Bayou Branch : Socola Junction, La., to Grand Bayou, La 1 .3 — 60.9 miles.

Gauge, 4 ft. 8£ in.

History. — Construction begun in 1889, and 7 miles from New Orleans south completed
at the close of that year. Extended to Socola, 33 20 miles in 1890, and to present terminus
in 1891. Branch built in 1891. Work in progress on extension from Buras to Fort Jack-
son, where it will connect by steamer with Grand Isle.

Rolling Stock, Operations. — All information refused.

H. C. WARMOTH, President NewOrleans, La.

Treasurer— A. Baldwin New Orleans, La. | Sfcretory—3. Wilkinson New Orleans, L-i.

PRINCIPAL OFFICE AND ADDRESS 25 Carondelet St., New Orleans, La.

NEW YORK AND NEW ENGLAND RAILROAD COMPANY.

,. . .. » „ jBo.ston. Mass., to Hope well Junction, N. Y 214.98 miles.

Main Lines of Road : -j Wicopee> N< Y., to Fishkill Landing 1.71 miles.

Providence Branch : Willimantic, Ct., to Providence, R. I 58.32

Springfield Branch : East Hartford. Conn., to Springfield 27.48

Woonsocket Branch : Cook Street, Newton, to Woonsocket 28.67

Southbridge Branch : East Thompson, Conn., to Southbridge 17.36

Melrose Branch : Melrose, Ct., to Rockville, Ct 7.22

Dedham Branch : Dedham Junction and Islington to Dedham 3.53

Dorrance St. Br. : Providence, K.I.,0.62 ; Freight Br. : Hartford, 0.67. 1.29—143.87 miles.

LEASED LINES :

Norwich & Worcester RR. : (Mileage as per page 814) 66. 16

Rhode Island & Mass. RR. : Franklin, Mass., to Valley Falls, R. I. . .13.60

Rockmlle RR. : Vernon, Ct., to Rockville, Ct " 4.43

Boston & Albany RR. : In Springfield, Mass 1.41

Milford and Woonsocket & F. M. & P. RRs. (See page 813) 19.97

Providence & Springfield RR. : Providence to Pascoag 21.34

Woonsocket & Pascoag RR. : Woonsocket to Harrisville 9.50—136.41 miles.

RUNNING ARRANGEMENTS:

Newburgh, Dutch. & Conn. RR. : Hopewell June. toWicopee, N.Y. .10.95

New York, Providence & Boston RR. : In Providence, R. 1 0.10— 11.05 miles.

Total (owned, 360.56; leased, 136.41 ; running arrangements, 11.05) 508.02 miles.

2d track, 110.58; sidings (owned, 146.16; leased, 37.12), 183.28 miles. Gauge, 4ft. 82 in.
Rail (steel— owned, 498.76 ; leased, 131.38— total, 630.14 miles), 60, 66, and 75 Ibs.

The transfer steamer Wm. T. Hart and floats owned by the company operate between
Newburgh, N. Y., and Fishkill-on-Hudson, N. Y., a distance of 0.79 mile.

This company's passenger and freight trains are hauled by the New London Northern
RR. Co. over that company's tracks between Norwich and New London, a distance of 13.50
miles. The company controls through its lease of the, Norwich and Worcester RR. the Nor-
wich and New York Transportation Co.'s line of steamers between Norwich, New London,

POOR'S MANUAL — NEW YORK AND NEW ENGLAND RR. CO.

811

and New York, 1'25 miles. The total number of miles of transportation lines controlled by
the New York and New England RR. Co. is 647.31 miles.

History. — This company was formed by the organization, in 1873, of the holders of
Berdell mortgage bonds issued by the Boston, Hartford and Erie RR. Co. (See MANUAL for
1888.) For terms of leases see subjoined statements for the several companies. Through the
lease of the Norwich and Worcester RR. the company also controls the Norwich and New
York Transportation Company's line of steamers. The Legislature of Connecticut has author-
ized this company to purchase the Rockville RR., and to issue $100,000 5 per cent. 30-year
bonds in payment therefor.

On October 1, 1890, this company leased the Providence and Springfield RR., and on
March 10, 1891, the Woonsocket and Pascoag RR. For terms of leases see statements of these
companies. In September, 1891, a traffic contract was entered into with the Long Island
im. Co.

Rolling Stock, June 30, 1891.— Locomotive engines, ^00. Cars — passenger, 243 ;
baggage, mail, and express, 35 ; freight (box, 2,487 ; platform, 490 ; coal, 2 254 ; other, 421),
5,652 ; caboose, 85 ; oth«r, 26 — total cars, 6,041. Of the above equipment, 25 locomotives, 23
passenger, 6 baggage, mail, and express, 265 box, 184 coal, 9 caboose, and 207 other cars are
leased.

Operations for year ending December 31, 1891. — See tabulated statement on page 812.

Earnings.— Passenger $2,154,227 90

Freight 3,646,508 76

Mail 60,566 27

Express 158,12208

Miscellaneous. ..

Kxpens^s.-Tranfeportation $1,787,132 22

Motive Power 1 ,525,745 S3

Maintenance of Cars 272,925 86

Maintenance of Way 506,240 88

General and Taxes . . . 486.066 57

Total ($12,261.39 per mile) $6,229,029 70 Total ($9,011.68 per mile) $4,578,111 41

Net earnings (26.50 per cent.), $1,650,918.29. Add income from Boston Harbor Trans-
ier, $7,203.88 — total income, $1,658,122.17. Payments : Interest on bonds (1st mortgage,
$660,000; 2d mortgage, §290,020; Boston Terminal 4s, $55,440), $1,005,460; on Curtis's Wharf
and Piper's Wharf obligations, $17,700 ; freight car equipment purchased, $44,761.70 ; leased
lines rentals (details below), $460,239.59 ; insurance, $19,200; miscellaneous accounts, $28,-
934.54— total fixed charges, $1,576,295.83. Surplus, available to dividends on preferred
stock, $81,826.34. Dividends paid on preferred stock (No. 11, May 1, 1891, on $2,700,000,
and No. 12, November 1, 1891, on $3,300,000— 3£ per cent, each), $210,000. Deficiency of net
income to meet dividends paid, $128,173.66. Deficit from 1890, $302,668 57 ; expended for
renewal of two caboose cars destroyed in 1833, $1,071.50 — total deficit as_per general balance
sheet, $431,913.73.

" The dividends on the preferred stock paid during the year amounted to $210,000, so that the company's
books as of December 31, 1891, show an apparent failure to earn the dividends paid, by $128,173.66. If, however,
we take into account the net results of the twelve months comprising the two dividend periods for which divi-
dends were paid in the year 1891, that is, if we reckon from October 1, 1890, to September 30, 1891, it will be found
that there was a net surplus, above the dividends paid, of $19,520.20."

Comparative statement of earnings, expenses, etc., for the two years ending December,
1891*and 1890 :

1891

1890

Increase.

Gross Earnings

$
6 °°9 029 70

6 029 125 51

jgq 9Q4 jg

Operating Expenses

4 313 346 56

4,020,409 98

29° 936 58

Net Earnings . . .

1 915 683 14

2 008 715 53

*93 032 39

Fixed Charges.

1 841 060 68

1 737 976 80

103 083 88

Operating Surplus

7462246

270 738 73

*196 116 °"

Income from Boston Harbor Transfer ....

7,203 88

5,08550

2 118 38

Applicable to payment of dividends on preferred stock

81,826 34

275 82423

*193 997 89

Decrease.

812

POOR 8 MANUAL — NEW YORK AND NEW ENGLAND RR. CO.

Lease Rentals : Newburgh, Dutchess and Connecticut RR., $56,772.53 ; Rhode Island and
Massachusetts RR., $20,000; Roston and Albany RR., $6,381.29 ; Rockville RR., $4,563.75;
Milford and Woonsocket, and Milford, Franklin and Providence RRp., $13,574.90 ; New Lon-
don Northern RR., $39,225; Norwich and Worcester RR. (corporate expenses, etc., $5,-
246.24; interest, $38,960.25 ; dividends, $210,557.83), $254,763.83 ; Woonsocket and Pascoag
RR., $12,500 ; Providence and Springfield RR., $52,458.30— total, $460,239.59.

Statement of operations, capital accounts, etc., for eight years :

1884

Sept. 30.

1885

Sept. 30.

1886

Sept. 30.

1887

Se;?t. 30.

1888

Sept. 30.

1889

Sept. 30.

1890*

June 30.

1891

Dec. 31.

Miles of Railroad Owned. . .
Miles of Road Operated
Miles of Track Owned
Miles of Steel Rail Owned. .
Locomotive Engines

326.47
| 382.32
: 549.84
1 373.44
147
152
40
3,550
1,218,547
1.K5JUIS7
4,868,090
54,299.31*;
1.7W5.531
138.534,292

1.095,530
1,955,686
286,686

326.47
379.76
552.25
373.44
147
153
41
3.559
1.195.799
910,996
4.020. 57'9
58,818.387
1,715,661
ln7,l>3SMi53
$
1,139,916
1,850.266
298,764

32'6.47
379.76
555.48
401.78
147
152
41
3.565
1,238.048
1,080,982
5,240,906
63,870,470
2.099,339
135,470,333

1,296,896
2.262.479
304,619

833.70
385.95
572.79
429.85
147
149
48
3.333*
1,289,064
1,153,620
5,698,794
66.370.777
2,245,141
152,739,575

1,386,488
2.485,913

.27'.!. 5 10

360.93
467.30
605.63
457.97
167
188
23
4,293
1,712,853
1,498.991
(5.852.379
83,319,203
2,646,786
219,511,571

1,768,815
3,137.845
361,748

359.28
475.69
606.18
457.97
180
255
30
4,833
1,957,204
1.631,230
7.600.234
97,401.90!)
2,717,104
234,699 067

$

1,979,525
3,196,851
387,022

360.65
477.06
608.00
483.28
179
228
29
4.522
1.992.570
1,795,961
7,637,290
102.470-819
2,973.813
282,295,120

2,004,655
3.445.385
399,652

360.56 l
508.02 i
617.30
498.76
200
243

a5

5,652
2,172.644
2,395,040
8,504,202
102,033,215
3,279,981
317,897,541

2,154.228
3.646,509
428,293-

Passenger Cars
Ba<rgage, etc., Car?. ....

Freight Cars (H-wheel)
Passenger Train Miles
Freight Train Miles

Passengers Carried. . .'

Passenger Miles

Freight (tons) Moved
Freight (ton) Miles

Passenger Earnings
Freight Earnings
Other Earnings

Gross Earnings

3,337,902
2,941,626

3,288,946
2,301,71"

3,863,994
2,620,605

4,151.917
2,917,308

5,268,408
3,749,602

5,563,408
3,970,423

5,849,691
4,039,847

1,809,844
3,750

6.229,030

4,578,111

Gross Expenses and Taxes.
Net Earnings

396,276
31,846

987,229
23,473

1,* 13, 389
35,411

1,234,609

65,768

1,518,806
5,043

1.592,985
3.699

1,650,918
7,204

Other Receipts
Available Revenue

428,122
1,008.4*0
88,908

1.010.702
992.535
130,132

"'l,496

- 113,460

8,660 59
6,060 98
2.599 61
69. 98 p. c.
1.94c.
1.81 c.

20,000,000

1,278,800

1,067,087
(55,285
133,000
1,318
+ 11,160

10.174 83
6,900 69
3.274 14
67.82 p. c.
2.02 c.
1.67C.
$
20,000,000
1.900,000
14.301.000
1.092.490
570.910

1.300,377
989,620

6(1,636
135,975
1,007
+ 127,139

10,758 83
7,103 58
8,655 25
70. 26 p. C.
2.08 c.

'T

20,000,000
i.'.ir,o,ooo
14,361.000
1.732,174
902,165

1,523,849
999,268
353,744
139,417

1,596.684
1.013.133
383,272
170,342

1,813,594
1.010,937
403,490
183.369
18,851
+ 196,947

12.261 96
8,468 21
3.793 74
69. 38 p. c.
1.98 c.
1.22'c.

$

20,000,000
2,700.000
16.380.000

068,548
939,407

1,658.122
1.090.S50
460,840
210,000
19.200
- 128,174

12,261 39>
9.011 68
3,249 71
73. 50 p. c.
2.09 c.
1.15 c.

20.000,000
3.300,000
16,386,000
1,191.261
1,575,868

Interest

Lease Rentals

Dividends (pref. 7 p. c.)
Other Charges. . . .

Balance ( + or — )

- 669,277

8,730 65
7,691 53
1.03912
88. 13 p. c.
2.02 c.
1.41 c.
$
20,000,000

+ 31,450

11,27414
8,023 97
3,250 17
71. 17 p. c.
2.12 c.
1.43c.

20,000,000
2,200,000
15,000,000
1.420.991
1,125,392

+ 29.937

11.99397
8,340 60
3, (547 31
71. 37 p. c.
2.02 c.
1.36c.

20,000.000
2.666,800

10.3SO.OOO
451.023
977.154

Gross Earnings per Mile . . .
Gross Expenses per Mile. . .
Net Earnings per Mile
Expenses to Earnings
Av. Rate per Pass, per Mile.
Av. Rate per Ton per Mile . .

Common Stock

Preferred 7 p. c. Stock

Funded Debt

12,833,000
3.353.686
1,795,952

14,031,000
2,289,971
1,818,017

Notes, Contracts, etc
Accounts and Balances ....

Total Liabilities

37,982,638
36,664,056

38,138,988
36,708,041

38,524.406

36,882,293

38,945.339
37,310,865

39,746.383
37,846,294

40,480.977
38,633,835
100,000
434,607
682,149
96,621
533,765

40,693,955
.3S.7'43,677
' 99,900
452,842
702,284
258,639
436,613

42,453,117
39.885,996
99,900
402,875

1,345.<»28
3K6.50.1
431,914

Property Account
Other Investments
Supplies, Materials, etc
Sundry Dues and Balances.
Cash on Hand.

360.707
878,940
79,061
499,874

219,651
472,453
45,061

693,782

216,602
420,564
334,745
670,202

334.821
672.266
115.385
512,002

485,200
593,430
279,864
541,595

Profit and Loss

Total Assets ....

37,982,638

38,138,988

38,524,406

38,945,339

39,74(5,383

40,480,977

40,693,955

42,453,117

* In 1890 the fiscal year was changed to end December 31. and the report of the company covered 15 months
October 1, 1889, to December 31, 1890. AP complete statistics for the calendar year, 1890. are not obtainable, and
as the 15 months' report does not permit of a proper comparison, the statistics for tne year ending June 30 are
employed above.

Annual meeting, second Tuesday in March, at Boston, Mass. Closing of books fixed by
directors not less than 15 days before date of meeting, and they reopen immediately after
the meeting. In Boston $20, 000, 000 common and $3,800,000 preferred stock, and $10,000,000
1st mortgage, $5,000,000 2d mortgage, and the Boston Terminal bonds are listed on the Stock
Exchange ; and on the New ^ork Stock Exchange, $20,000,000 common stock, and $10,000,-
000 1st mortgage bonds are listed.

POOR'S MANUAL — NEW YORK AND NEW ENGLAND SYSTEM.

813

General Balance Sheet, December 31, 1891.

Road »nd Outfit (Berdell Bonds) $20.000,000 00

Underlying liens. H.. P. & F. RR

< 'onstnu'tion and Improvem't of Property. 8.7<>2,924 91

Equipment Purchased through Car Trust. 1.47:

Purchase. South Boston Flats 1. 550.390 00

Hudson River Extension to Date 2.'ft9.217 71

Other Investments (detail? below) l.Oj: .

Exp'-nditures Undistributed lS7.1ii'i 2«>

Supplies and Materials M&874 8fi

Due from Agents and Conductors Wl .540 12

Cash on Hand 2^0.504 49

Due from Companies and Individuals 497.221 '.">

Profit and Loss 431,913 73

Total Assets S42.453.117 32 I Total Liabilities $42.453,117 32

'; Other Investments " in above balance sheet consist of : purcha.se of Drake's Wharf,
$131,000 ; of Piper's Wharf, $'260.000 ; of Curtis's Wharf, §155,000 ; inv« stment in Connecti-
cut Central RR., acquired at foreclosure, $290,377.69; stock, Springfield smd New London
RR. Co., $89,492 ; stock, New England Terminal Co., $99,900— total, $1,025,769.69.
Statement of bond, mortgage, and contract indebtedness, December 31, 1891 :

Common Stock Issued

Berdell Bonds. Convertible

Preferred Slock

Funded Debt Outstanding

Mortgage Not- U'harf

Due on Purchase Piper's Wharf

Balance Due on !,<*» Freight Cars Purch
DaeforEquip't purcMof M. & W. RR. Co
Supplies transferred from X. & W. RR. . .

Current Accounts

Interest Due and Accrued

Notes Payable

Sundries

Unpaid Vouchers and Pay Rolls

$19,781,000 00

219,000 00

3,300,000 00

..^fc) no

1 J0,000 00

200,000 00

«.-).910 00

61.42-2 9-.»

38:.

•51 W

33i

24.950 00

X>2 15

DESCRIPTION.

Date. ; Date Due.

i •

INTEREST.

Amount of
Principal
Outstand'g.

Annual
Interest
Charge, j

Rate.

When Payable.

First Mortgage Bonds

Jan. 1. 1876 Jan. 1, 1905
Jan. 1, 1876 Jan. i. 1905
Aug. 1, 1882 Aug. 1, 1902
Aug. 1, 1862:Aug. 1, 1902
April 1, 1889 April 1, 1939

*Feb 10.1887 Feb. 10, 1888
Oct. 1, 1888 Oct. 1, 1893

Dec. 1, 1877 Mar. 1, 1893
Sept. 30,1877 Oct. 1, 1892

D.C.

|
1

t5
4

44
5

9

Jan. 1, July 1
Jan. 1, Julv 1
Feb. 1, Aug. 1
Feb. 1. Aug. 1
Apr. 1, Oct. 1

Feb. 10. Aug.10
Apr. 1. Oct. 1

Monthly
May 1. Nov. 1

6,000,000 00
4,000,000 00
4.002.000 00
998,000 (JO
1,386,000 00

60,00000
80,000 CO

200,00000
22,62500

420,00000
24.». <>X» 00
24<U2000

55.44000

2.700 00
4,00000

11.00000
1,35750

Fir»t Mort^ao'e Bonds .... . ..

Second Mortgage Bonds ....

Second Mortgage Bonds

Boston Terminal 1st Mtge. Bonds
MOBTGAGE NOTES.
Mort^a^e Xotes, Curtis Wharf J

CONTRACT LIABILITIES.
Piper Wharf, Boston (Balance due)
Equip.pur.fr.Milf.&WoousocketRR.Co

1*5.748,625 Oo| 1,024,51750

j

* Assumed by this company October 1. t 6 per cent, after February 1, 1892,

At the annual meeting in March, 1892, the stockholders voted to issue a consolidated
mortgage for an amount yet to be determined, to run fifty years, and bear 5 per cent.
interest.

Trustees of 1st mortgage, Boston Safe Deposit and Tm>t Co. ; of 2d mortgage, Win. T.
Hart, Eustace C. Fitz, and Frederick J. Kingsbury ; Boston Terminal first mortgage, Ameri-
can^Loan and Trust Co., Boston, Mass. Registrars of stock : Boston Safe Deposit and Trust
Co., Boston, and Farmers' Loan and Trust Co., New York. Voting power attaches to stock
after 15 days' ownership. Dividends on preferred stock payable May and November at the
office of the treasurer, Boston, Mass. Interest on first mortgage bonds payable at the office
of the Boston Safe Deposit and Trust Co. ; on 2d mortgage and on Boston Terminal bonds at
the treasurer's office.

RAILROADS LEASED OR OW^ED BY THE NEW YORK AUD NEW ENGLAND RR. Co.

MILPORD AND WOONSOCKET RAILROAD. -Ashland. Xasg.. to Bellingham, Ma.« 15 :«

miles. Sidings, etc.. 1.90 miles. Gauge. 4 ft. Si in. Rail < steel. 15.33 miles i. ,Vj Ibs. Chartered"3Iay 2, 1855. Ro'-ui
opened tMilford to Bellingham. 3.96 miles*. June 2. 1^ :»3. and leased from that date until May 1. i-S-3. to the Provi-
dence and Worcester RR. Co. Operated on its own account from May 1, 1883, until October 1. I.vs7. on which date
it and its leased line, the Milford, Franklin and Providence RR., were leased to the Xew York and New England
RR. Co.. for a period of 99 years. Under the terms of the leases no rental was paid during the first year, biu the

814 POOR'S MANUAL — NEW YOEK AND NEW ENGLAND SYSTEM.

Expenses and taxes, $156.05 ; interest on bonds, etc., $3,108 ; dividends, 4 per cent., payable May and November
$5,944— total, $9,208.05. Surplus, $8S.47. Financial Statement, June 30, 1891.— Capital stock (authorized, $200."
000), $148,600 ; funded debt (1st mortgage 5 per cent. 20-year bonds, dated December 1, 1888, interest payable June
and December), $('0,000; unfunded debt, $1,900— total, $210,500. Contra: Construction $171881 13- other
investments, $22,719.58 ; other assets, $15,899.29— total, $210,500. Interest payable at First National Bank Boston
Mass. Annual meeting, first Monday in February. Transfer books close five days before annual meeting. Reg:
istrar of stock, the Treasurer of the company. WM. F. DRAPER, President, Ilopedale, Mass.: James E Walker
Treasurer, Milford, Mass. GENERAL OFFICE, Milford, Mass.

MILFORD, FRANKLIN AND PROVIDENCE RAILROAD.— Franklin to Bellingham. 4 t!0 ;
total track (steel, 4.60), 5 miles. Road opened August 1, 1883. Operated by Milford and Woonsocket RR Co
till October 1, 1887, on which date it was leased to the New York and New England RR. Co. (For terms of lease
see statement of Milford and Woonsocket RR. Co. preceding.) Rental, year ending June 30, 1891, $5.292.72.
financial Statement, June 30, 1891. — Capital stock, $100,000; funded debt (1st mortgage 0 per cent, bonds, due
July 1, 1909), $10.000— total, $110,000. Contra ; Cost of road, $101.255.64 : other assets, s?05 44 -profit and 'loss
$8,038.92— total, $110,000. JAMES P. RAY, Prenident ; Joseph G. Ray, Treasurer ; George W. Wiggin, Secretary,
Franklin, Mass. GENERAL OFFICE, Franklin,

NORWICH AND WORCESTER RAILROAD.— Norwich, Ct., to Worcester, Mass., 59.70 miles.
Allyn's Point Extension : Norwich, Ct., to Allyn's Point, Ct., (i.30 miles ; .V. L. N. RR. Connection ; In Norwich,
Ct., 0.16 mile — total length of line, 06.16 miles. Sidings, etc., 21 miles. Gauge, 4 ft. 8f inches. Rail (steel,
60.75 miles), 60 Ibs. Rolling Stock.— Locomotive engines, 20. Cars— freight (box, 255 : coal, 484), 739 ; caboose',
9 ; other, 3— total, 751. History.— Consolidation in May. 1886, of the Boston, Norwich and New London RR. Co.,
chartered in May, 1832, and the Worcester and Norwich RR, Co., chartered in March, 1833. The consolidated
company was organized m 1837. The line between Norwich and Worcester was opened in March, 1840 ; the
Allyn's Point Extension in June. 1854. Operated by the New York and New England RR. Co. under lease made
in 1869, for 99 years. The New York and New England RR. Co. guarantees the interest on bonds (6 per cent.)
and dividends on stock at the rate of 8 per cent, per annum, the dividend having been reduced on February 18,
1885, from 10 per cent. Rental for year ending June 30, 1891 , $233,624 : other receipts. $3.053.50— total income}
$236,077.50. Payments: Expenses, $481 50 ; interest on bonds, $24,000: dividends on stock (8 per cent. ), $209,-
624— total, $234,105 50. Balance, surplus. $2,572. Financial Statement, June 30, 1891.— Capital stock (common
$6.600 ; preferred. $2,620,300), $2.626,100 ; funded debt, $400,000 ; unfunded debt, $423,903.67 ; profit and loes,
$784,159.94- total, $4,234,963.61. Contra: Copt of road and equipment, $3,784,172.96 ; stock. Nor. & N. Y. Trans.
Co., $270,000 ; other assets, $180,790.65— total, $4,234,963.61. Funded debt consists of 1st mortgage 6 per cent.
20-year (coupon, $1,000) bonds, due March 1. 1897, interest payable March and September, at New England Trust
Co., Boston, Mass.; amount authorized, $500,000. Annual meeting, second Wednesday in January. Books do
not close in advance of annual meeting, but close for dividends about ten days before d"at« of payment. Of the
stock, $6,600 is old common stock which was never presented for exchange into preferred stock, and on which
no dividends are paid. Voting power attaches to stock immediately after transfer. Dividends are paid January
and July, at Second National Bank, Boston. Whole number of dividends paid to date, 71. Directors. — Edward
L. Davis, Thomas B. Eaton, A. G. Bullock, Josiah H. Clarke, Francis II. Dewey, Worcester, Mass. ; W. Bayard
Cutting, New York, N. Y. ; Chas. P. Cogswell, William A. Slater, Norwich, Ct. ; George H. Ball, Boston, Maes.
GEO. H. BALL, President, Boston. Mass. ; M. M. Whittemore, Secretary and Treasurer, Norwich, Ct. COR-
PORATK OFFICE, Norwich, Ct. Transfer Agency, Second National Bank, Boston, Mass.

PROVIDENCE AND SPRINGFIELD RAILROAD.— Providence, R. I., to Pascoag, R. I., 22.8
miles. Sidings. 6.36 miles. Gauge, 4 ft. 8| in. Rail (steel, 22.8 miles;, 56 Ibs. Chartered 1853 ; road opened
August 11, 1873. Leased October 1, 1890, to the New York and New England RR. Co. for a term of 909 years, the
lessee to pay all fixed charges, including taxes, and 6 per cent, per annum on the capital stock. Rolling Stock.—
Locomotive engines, 5. Cars — passenger, 6 ; baggage, 2 ; freight (box, 23 : flat, 21 ; dump, 72), 116 ; milk, 1 ;
caboose, 1— total cars, 126. Financial Statement, September 30, 1890 (latest furnished).— Capital stock (authorized,
$600,000 ; par, $100), $517,450 : funded debt, 1st mortgage 7 per cent. 20-year $1,000 coupon bonds, due July 1.
1892, interest payable January and July, at Globe Bank, Providence, R. I.)", $500,000 ; income account, $19,810.59
—total, $1,037,260.59. Contra: Cost of road, $890,351.35 ; equipment, $122.343.57; cash and uncollected freight
accounts, $3.906,90 ; cash on deposit, $16,394.33 ; current accounts, $4.264.44- total, $1,037,260.59. Annual meet-
ing. first Wednesday in December. Dividends payable January, April, July, and October, at the Globe Bank,
Providence, R. I. WILLIAM TINKHAM, President ; E. W. Tinkham, Treasurer, Providence, R. I. PRINCIPAL
OFFICE AND ADDRESS, Providence, R. I.

RHODE ISLAND AND MASSACHUSETTS RAILROAD (in Mass.). -Franklin to R. I.
State Line, 6. (52 miles ; total track (steel), 7.63 miles. Leased for $10,000 annually ; operated in connection with
the R. 1. and Mass. RR. of R. I. On August 1, 1887, the old lease expired, and was renewed for 99 years from
October 1, 1887, at the same rental. Rental, year ending June 30, 1891, $10,000. Paid dividends, $10,000. Finan-
cial Statement, June 30, 1891.— Capital stock, $100,000; surplus, $15.018.63— total, $115.018.63. Contra: Cost of
road, $112,321.13; cash, $197.50: current accounts, $2,500— total, $115,018.63. JAMES P. RAY, President ; Jos.
G. Ray, Treasurer; George W. Wiggins, Secretary, Franklin, Mass.

RHODE ISLAND AND MASSACHUSETTS RAILROAD (in R. I.). -Valley Falls to Mass.
State Line, 6.98 miles ; total track, 7.20 miles. Chartered January, 1865 ; road opened in September, 1877. Oper-
ated in connection with the R. I. and Mass. RR. of Mass. Lease expired August 1, 1887, and was renewed for 99
years from October 1. 1887, at the same rental. Receipts year ending June 30, 1891 : Rental, $10,000 ; other re-
ceipts, $110.50 -total, $10,110.50. Expenses and taxes, $918.65. Net receipts, $9,191.85. Paid dividends (8J- per
cent.), $6,750. Surplus, $2,441.85. Capital stock, $180,000. Construction, $145,019.89 ; stocks and other invest-
ments, $2,598.37 : other assets, $38,107.70— total, $185,725.96. It is proposed to extend this line from Valley Falls
to Providence. JONATHAN CHACE, President ; Arnold B. Chace, Secretary and Treasurer. CORPORATE OFFICE
Valley Falls, R. I.

ROCKVILLE RAILROAD.— Vernon, Conn., to Rockville, Conn., 4.43 miles ; total track, 5.18 miles.
Chartered May 6, 1857 ; opened August 10, 18(53. The purchase of this road .by the New York and New England

July, each 3 per cent.), $2,400 ; dividend on common stock, $1,350; balance, $615.25— total, $4,148.75. Stock
(common), $68,750; preferred, $40,000 ; bills payable, $16,900 ; real estate, $250 ; profit and loss. $47,784.86— total,
$173,684.86. Construction and equipment, $171,801.33; other investments, $500; other assets, $1,383.53— total,
$173,684.86. H. L. JAMES, President ; J. C. Hammond, Jr., Secretary and Treasurer. CORPORATE OFFK i:,
Rockville, Conn.

WOONSOCKET AND PASCOAG- RAILROAD. -Woonsocket, R. I., to Harrisville, R. I., 9.50
mileb. Sidings, 0.72 mile. Gauge, 4 ft. S£ in. Rail (steel), 56 Ibs. Incorporated May 21, 1889; road opened
during the past year. Leased March 10, 1891, to the New York and New England RR. Co., the lessee paying all'
fixed charges and 5 per cent, per annum on capital stock. Capital stock paid in, $200,000 ; funded debt (1st
mortgage 5 per cent. 20-year $1,000 coupon bonds, due Oct. 1, 1910, interest April 1 and Oct. 1), $100,000— total,

POOR'S MANUAL OF RAILROADS. 815

$300 000, representing cost of road and equipment. OSCAR J. RATHBIN. I'r(*;>i> id. Woonsocket, R. I.; Joseph G.
Kay. Vlcf-Preniltnt : James P. Ray, Trtamirer, Franklin, Mas-s ; Francello G. Jillson, Secretary, Providence,
R. 'I. PRINCIPAL OFFICE AND ADDRXSS,

Board of Directors New York and New England RR. Co., elected March 8, 1892.

J. A. BOSTWICK, Chairman Board of Directors New York, N. Y.

J. A. Bostwk-k ' . New York, N. Y. Alexander E. Orr. .New York. N. Y. F. H. Prince Boston, Mas* .

Charles Parsons.. " " Clias. Parsons, Jr. James Howard Hartford, Conn.

Thomas Ratter. . " " C. B. Tedcastle " " Qeo.M. Landers. New Britain, Conn.

Henry Hen tz..... " " E. V. Cary " David 8. Pinnae ..Waterbury, Conn.

John "L. Macaulay " *' Eustace C. Fitz Boston. Mass. B. F. Vaughan Providence, R. I.

Siclnev Dillon " " Charles A. Prince — k- " | Aretas Blood Manchester, N. H.

Arthur Sewall Bath. Me.

CIIAELES PARSONS, President Xew York, X. Y.

F. H. Prince, Vice-P resident Boston, Mass.

Charles Pardons, Jr., 2d Vice- President New York, X. Y.

Secretary— J. \V. Perkins Boston. Mass. Ax*t. Secretari/-^. V. Cary New York, N. Y.

Treasurer— George B. Phippen . . I Awlifo-r—W. H. Dudley. . .' Boston, Mass.

PRINCIPAL OFFICE AND ADDRESS 180 Summer Street, Boston, Mass.

Xew York Office 22 William Street.

^ Central Trust Co., 54 Wall Street, Xew York, X. Y.

Transfer Office--, - Bosion Safe Deposit and Trust Co., 87 Milk Street, Boston, Ma-s.

NEW YORK, SUSQTJEHANNA AND WESTERN RAILROAD COMPANY.

(For map of this system, see page 817.)

Main Line of Road.— West End, Jersey City, N. J., to Gravel Place, Pa. . .101.30 miles.

Paterson Extension ; Broadway, Paterson, to Fatert-oa City. X. J 0.75

Unionmlle Branch : Two Bridges, X. J., to Unionville, X*. Y 20.50

Delaware Branch : Columbia Junction to Delaware, N. J 3.10

Winton Branch ; Priceville to Winton Junction, Pa 5.50

Other Branches in Lackawanna Valley, Pa 3.48 — 33.33 miles.

( Middletown, Unionville and Water Gap RR. (see page ) 13.90 miles.

r , j Lodi Branch RR.: Lodi Junction to Lodi, N. J 1.75 miles.

' j Passaic and New York RR.: Passaic Junction to Passaic, N. J 3.00 miles.

[ Macopin RR.: Main Line to Macopin Lake, X. J 1.50 miles.

Trackage : Pennsylvania RR.: West End to Jersey City, N. J 2.50 miles.

Total length of road (owned, 134.63— X. J., 118.36 ; Pa., 16.27) operated. . .157.28 miles.
2d track, 17.65 miles ; sidings, etc. (owned), 38.75 miles. Gauge, 4 ft. 9 in. Rail (steel,
154.78 miles), 56 and 60 Ibs.

History. — Consolidation, June, 1881, of the Midland RR. of X. J., the Paterson Exten-
sion RR., the Midland Connecting Ry., the North Jersey RR., the Water Gap RR., and the
Pennsylvania Midland R.y. Cos. For further particulars, see MANUAL for 1884, page 215.

Rolling Stock, December 31, 1891.— Locomotive engines, 44. Cars— passenger, 32 ;
combination, 15; baggage, mail, and express, 3; freight (box, 142; platform, 42 ; coal,
1,953 ; milk, 17 ; stock, 2 ; hay, 4 ; ice, 50 ; gondola, 215 ; lime, 23 ; caboose, 18), 2,466 ;
tool, 1 ; derrick, 1 ; snow flanger. 1 ; block car, 1 — total cars, 2,520.

Operations for year ending December 31, 1891. — See tabulated statement below.
Earnings — Passenger §302,903 01 Expenses.— Transportation $302,232 05

Freight 1,244,15144

Mail, Express, and Telegraph. 30,183 33
Miscellaneous and Car Service. 79,284 80

Total ($10,532.31 per mile) $1,656,522 58

Motive Power and Cars 378,839 62

Maintenance Way 149.267 08

General 77,395 01

Total ($5,771.45 per mile) $907.7:33 7e

Net earnings (45.20 per cent.), $748,788.82. Add miscellaneous income, $30,052.42—
total available revenue, $778,839.24. Payments : Interest on bonds, $469 586 67 • rentals
(M., U. & W. G. RR., $22,000 ; P. & X. Y. RR., $4,446.50), $26,446.50 ; interest on mortgages
on real estate, $14,993.45 ; taxes, $32,334.34 ; dividends on preferred stock (li per cent )
$100,000— total, $643,360.96. Balance, surplus for year, $135,478.28. Surplus forward'
$610,869.95— total surplus, $746,348.23. Deduct uncollectible accounts written off, $12 -
148.70, leaving net surplus, $734,199.53.

816 POOR'S MANUAL — NEW YORK, SUSQUEHANNA AND WESTERN RR. CO.

Statement of operations, etc., for seven years ending December 31

1885

1886

1887

1888

1889

1890

1891

Miles of RR. Operated. .
Passenger Train Miles. .
Freight Train Miles
Passengers Carried
Passengers One Mile
Tons Freight Moved . . .
Tons Freight One Mile .

Earnings— Passenger . . .
Freight
Other

155.20
404,418
303.391
790,559
13,257.585
849,315
70,398,760

234,068 01
807,188 80
51,09782

155.20
409,665
322,755
937,674
15,482,574
918,467
73,722,163

247,154 60
830,953 76
51,332 17

156.70
412,700
409,409
1,036,248
16,606,630
,1,019,535
78,236,099

259,521 58
1,078.635 35
57,028 41

157.28
429,115
414,118
1,085,498
16,510,650
1,068,604
82,089.304

261,579 93
1,109,752 41
74,568 11

157.28
426,571
453,239
1,201,160
18,885,018
1,064,408
76,577,077

279,524 94
1,055,729 21
67,21231

157.28
447,717
454,259
1,276,422
18,798,221
1,262,875
94,615,824
$
289,242 93
1,208,93674
98,90386

157.28
467,370
505,890
1,396,323
20,267.473
1.372,288
104,799,^30

302,908 01
1,244,151 44
109,468 13

Gross Traffic Earnings. .
Operating Expenses

1,092,354 63
617,520 42

1,129,440 53
672,155 07

1,395,185 34

762,1 AS t>8

1,445,900 45
821,99037

1,402,466 49
818,893 65

1,592,083 03

890,9tiS 24

1,6515,522 58
907,703 76

Net Traffic Earnings
Other Receipts

474,834 21

457,285 46
44,023 15

633,046 66
27,159 33

623,910 08
.25,828 51

583,572 84
33,527 21

701,114 79
30,401 44

748,788 82
30,052 42

Total Income . .

474 835 21

501 308 61

660 205 99

649,738 59

617 100 05

731 516 23

778 889 °4

318 000 00

305 600 00

443 661 10

443 gig 68

454 075 49

471 236 08

484 580 12

Car Trusts

!W,3.V.J 00

159,419 00

Rentals

26,494 50

26,497 50

36 491 50

26 446 50

26 446 50

Dividends on Pref . St'ck

100 000 00

Other Payments

64.482 21

8,644 09

*35,454 65

*28,000 85

*32,135 32

30,160 48

32 834 34

Balance, Surplus
dross Earnings per Mile
Oper. Expenses per Mile
Net Earning? per Mile. .
Expenses to Earnings . .
Av. Passenger Mile Rate
Av. F'ght Ton-Mile Rate

"7,17710
4,057 29
3,11981
56. 53 p. c.
1.880.
1.02c.

27,645 52
7,277 32
4,330 90
2,946 42
59.51 p. c.
1.60C.
1.13c.

154.595 74
8,903 54
4,863 68
4,039 86
54.62 p. c.
1.52c.
1.880.

151,420 56
9,193 16
5,226 28
3,966 88
56.85 p. c.
1.58c.
1.35c.

104,397 74
8,917 00
5,206 59
3,710 41
5S.39 p. c.
1.51C.
1.37 c.

203,664 17
10,122 66
5,664 85
4,457 81
55.96 p. c.
1.52c.
1.27C.

135,478 28
. 10,53231
5,771 45
4,760 86
54. 80 p. c.
1.49 c.
1.18c.

* Taxes (previously included in operating expenses.)
General Balance Sheet, December 31, 1891.

Cost of Road )

Cost of Rolling Stock . . . . [ $28,996,602 22

Real Estate and Buildings )

Stocks and Bonds Owned 1 ,145,271 31

Materials and Fuel on Hand.

Bills Rec'ble and Adv. to Coal Producers

Current Accounts

Cash on Hand

35,497 24
494,930 50
905,450 26

84,850 61

Common Stock paid in

Preferred Stock paid in

Funded Debt Outstanding

Audited Pay Rolls and Vouchers

Loans, Secured by Collateral

John R. Bartlett, Trustee

Current Accounts

Interest and Rentals Accrued but not Due

Dividends Unpaid

Land Department Liabilities

Profit and Loss. . .

$13,000,000 00

8,000,000 00

8,820,000 00

347,088 29

363,641 18

64,036 31

88,612 67

193,851 16

4,290 00

46,888 00

734,199 53

Total Assets $31,662,602 14 Total Liabilities

Statement of funded debt outstanding ($8,820,000), December 31, 1891 :

.$31,662,602 14

Description.

Date.

Interest.

Due.

Out-
standing.

Interest.
Charge.
(1891).

$

$

M. RR. of N. J. 1st Mt. $500, $1,000
Paterson Ext. RR. 1st Mtse. $1,000.

April 1,1880
June 1, 1881

6 per cent. April and October.
6 p. -c. Jure and December . . .

April 1,1910
June 1, 1910

3,500,000
250,000

210,000 00
15,00000

N.Y.,S.&W.RR.,let Mt. ref'd $1,000
N.Y ,S.&W.RR.,2dMtjre. $1,000.
N. Y., S. & W. RR., Gen. Mt. $1,000.

Jan. 1, 1887
Feb. 1, 1887
Aug. 1, 1890

5 p. c. January and July
4.! p. c. February and August.
5 "p. c. February and August. .

Jan. 1, 1937
Feb. 1, 1937
Aug. 1, 1940

3,750,000
636,000
684,000

187,500 00
28,620 00
28,46667

Interest payable at company's office and at the National Park Bank, New York City.
The Midland RE. first mortgage bonds are secured by a first mortgage on the line from
Marion to Uoionville, 71.6 miles. Of these bonds, $500,000 were issued at 6 per cent., and
on the remaining $3,000,000, interest was 4 per cent, for first year, 5 per cent, each for two
succeeding years, and 6 per cent, thereafter until maturity. The Paterson Extension bonds
are secured by a first mortgage on the road and real estate in the -city of Paterson. The
N. Y., S. & W. first mortgage bonds are secured by a first mortgage on the line from Two
Bridges to Gravel Place, the Winton, Delaware and Lackawanna Valley Branches, in all
61.6 miles, and -by a second mortgage on the main line and Paterson Extension. Central
Trust Company, New York City, trustee for all bonds and registrar of stock.

818 POOR'S MANUAL OF RAILROADS.

Interest on 1st mortgage and debenture bonds of the New York, Susquehanna and
Western for the years 1885 and 1886 WHS paid half in cash and balf in 10-year 6 per cent.
scrip. During 1887 the company make two new issues of bonds — $3,750,000 1st mortgage
refunding 5 per cent. 50-year gold bonds, dated January 1, 1887, interest payable January
and July ; and $1,000,000 second mortgage 4A per cent. 50-year gold bonds, due February 1,
1937, interest payable February and August. With the 1st mortgage bonds the company
took up the 1st mortgage bonds of 1911, the coupon obligations issued for coupons of same
issue during 1885 and 1886, and all outstanding car trusts. With the 2d mortgage bonds the
company takes up the debentures and the coupon obligations of same issue in 1885 and 1886,
and reserves the balance for future improvements. The amount of bonds authorized under
the new general mortgage is $3,000,000, of which $1,000,000 is deposited with the Central
Trust Co. of New York, trustee under the mortgage, to be held for the retirement of the
outstanding 2d mortgage 4| per cent, bonds. $1,000,000 is held for future acquirements of
property and equipment by the company, and $1,000,000 delivered to the company, only a
limited amount of which have as yet been delivered to the purchasers.

Preferred stock is entitled to 6 per cent, cumulative dividends.

Annual meeting, last Thursday in February, at Jersey City, N. J. Books close for
annual meeting twenty days previously. Common and preferred stock and all bonds (except
Paterson Extension) listed on New York Stock Exchange.

RAILROADS OWNED OR LEASED BY THE N. Y., S. & W. RR. Co.

LODI BRANCH RAILROAD.— Lodi Junction to Lodi, N. J., 1.75 miles. Chartered Jane 15, 1880.
Capital stock (all owned by New York, Susquehanna and Western RR. Co.), $60,000. SIMON BORG, President ;
Jno. P. Rafferty, Secretary and Treasurer. CORPORATE OFFICE, New York, N. Y.

MIDDLETOWN, TJNIONVILLE AND WATER (JAP RAILROAD. -Middletown, N. Y.,
to Unionville, N. Y., State Line, 13.9 miles. Sidings, etc., 1.85 miles. Gauge, 4 ft. 9 in. Rail (steel, 13.9 miles),
56 and 60 Ibs. Organized May 25, 1806, and road opened June 10, 1808. Leased to New Jersey Midland RR. Co.
from completion, at a rental equal to interest on bonds and 7 per cent, dividends on stock. Since July 1, 1883,
pending a new arrangement, the road has been operated by the N. Y., S. & W. RR. Co., under a traffic arrange-
ment. Net, earnings from operations year ending June 30, 1891. $12,968.01 : add income from rents, $174 — total

net income, $13,142.01. Deductions from income : Interest on bonds, $20,000 ; taxes, $2,037.00 ; repairs to real
, $10.15— total, $22,047.75. Deficit for year, $8,905.74. No dividends paid since July ], 1883. Financial
ment, June 30, 1891.— Capital stock ("authorized, $300,000— par, $50), $149,850; funded debt, 1st mortgage 7
nt, tax-free 20-year gold bonds, dated November 1, 1866, due 1886, extended for 25 years at 5 per cent.,
00 ; 2d mortgage 5 per cent. 25-year bonds, due 1896 (authorized, $250,000), $400,000 ; unfunded debt, $71,-
.29— total, $621,130.29. Per contra : Construction (net) $350.476.17; cash on hand, $373 ; profit and loss, $270,-

280.82— total, $621,130.29. The interest on the 2d mortgage bonds was originally 7 per cent., but has been reduced
to 5 per cent, by consent of holders of same. Vacancy, President • James M. Hartshorne, Vice-president ; Jno.
P. Rafferty, Secretary and Treasurer. CORPORATE OFFICE, New York, N. Y.

PASSAIC AND NEW YORK RAILROAD.— Passaic, N. J., to near RochellePark, N. J., 3 miles-
Total track, 3.4 miles. Gauge, 4 ft. 9 in. Rail (steel), (iO Ibs. Chartered July.15, 1885, and road opened February
8, 1886. Leased to the New York, Susquehanna and Western RR. Co., which guarantees interest, on bonds for
999 years. Capital stock, $70,000 ; funded debt, 1st mortgage 6 per cent. 25-year coupon $500 bonds, due Dec. 1,
1910, interest June and December, payable in New York City, $70,000— total stock and bonds, $140,000, represent-
ing cost of road, etc. Annual meeting, second Monday in July. Books close 20 days prior thereto. Trustees of
bonds, Frederic A. Potts and Edward H. Ammidown. SIMON BORG, President; Jno. P. Rafferty, Secretary and
Treasurer. CORPORATE OFFICE, New York, N. Y.

Board of Directors, N. Y., S. & W.RR. Co., elected February 25, 1892.

Simon Borg New York, N. Y.

Alfred Sully

Robert K. Dow. . . .Claremont, N. H.
Jas. M. Hartehorne. New York, N.Y.

Jos. W. Ogden . . . .New York, N. Y.
F. C. Lawrence. Jr. "
George N. Farwell. Claremont, N. H.
Horace W. Fuller.. New York, N. Y.

Chas. Minzceheimer. New York, N.Y.

Henry Sanford "

Jno. I. Blair Blairstown. N.J.

G. A. Hobart Paterson, N.J.

John P. Rafferty New York, N. Y.

SIMON BORG, President New York, N. Y.

Joseph W. Ogden, Vice-President New York, N. Y.

J. P. Rafferty, Id Vice-President and Secretary New York, N. Y.

Treasurer— R. C. Shimeall New York City. | Gen. Supt.—C. D. McKelvey Jersey City, N. J.

PRINCIPAL OFFICE AND ADDRESS 15 Cortlandt Street, New York, N. Y.

NORFOLK AND SOUTHERN RAILROAD COMPANY.

„ . T. . w , ( Berkley, Va., to Edenton, N. C 73.05 miles.

KOEtt . -jMackey's Ferry, N. C., to Belle Haven, N. C 29.80 miles.

Elizabeth City Branch : At Elizabeth City! 0.9? mile.

Total length of lines owned December 31, 1891 103.82 miles.

Sidings, 19.65 miles. Gauge, 4 ft. 8| in. Rail (steel, 102.85 miles), 56 and 70 Ibs.

POOR'S MANUAL OF RAILROADS. 819

History. — The Norfolk Southern RR. was sold under foreclosure April 29, 1891, and
purchased on behalf of the bondholders who reorganized the company after consolidation
with the Albemarle and Pantego RR. Co., under the above title in May, 1891. (For history
of the constituent companies see MANUAL for 1891, pp. 7 and 387.) Receiver discharged June
1, 1891. On January 1, 1892, the reorganization was practically completed, and earnings
from that date are applicable to interest, etc.

Rolling Stock, January 1, 1892. — Locomotive engines, 12. Cars — passenger, 9; baggage,
etc., 2 ; freight (box, 94 ; platform. 157*, 251 ; caboose, 2 ; other, 25 — total cars, 292. Float-
ing equipment : Steamers, 8 ; barges, 3.

Operations for seven months ending January 1, 1892. — Train mileage, passenger and
freight statistics not reported. Gro&s earnings, $271,255.08. Operating expenses, $201,152.-
78. Net earnings, $70,102.30. Gross earnings, first three months of 1892, $97,017.92 ; oper-
ating expenses (65.28 per cent.), $63,340.27 ; net earnings, not including taxes, $33,677.45.
Fixed charges for quarter, $31,250. Gross earnings month of April, 1892, $42,717.35.

Financial Statement, January 1, 1892.— Capital stock (par, $100), $2,000,000 ; funded
debt (1st mortgage o per cent. 50-year $1,000 coupon gold bonds, due May 1, 1941, interest
payable May and November), $625,000— total stock and bonds, $2,625,000. The bonds are
authorized at the rate of $10.000 per mile. Trustee of bonds and registrar of stock, Atlantic
Trust Co., 39 William Street, New York, N. Y. Interest payable at the office of the Atlan-
tic Trust Co., New York, N. Y.

Directors (elected May 18. 1891).— W. B. Dickennan, Walter S. Johnston, W. G. Domi-
nick, John G. Moore, Edward C. Sampson, Alex. T. Van Nest, New York, N. Y. ; John L.
Roper, Norfolk, Va. ; C. H. Hoagland, Brooklyn, N. Y. ; Dean Sage, Albany, N. Y.

W. B. DICKERMAN, President New York, N. Y.

W. S. Johnston, Vice-President New York. N. Y.

Secretary <£• Treas.—yL. W. Dominick.New York. N. Y. | Gen. Manager— M. K. King Norfolk, Va.

Auditor— I. P. Jernigan Norfolk. Va.

* PRINCIPAL OFFICE AND ADDRESS 74 Broadway, New York, N. Y*.

NORFOLK AND WESTERN RAILROAD COMPANY.

(For map of this system, see page 821.)

Line of Road.— Norfolk, Va., to Bristol, Tenn 408.30 miles.

City Point Branch : Petersburg to City Point, Va 10.00 miles.

Norfolk Terminal RR. : Norfolk to Lambert's Point 5.30 miles.

Saltville Branch : Glade Spring to Saltville, Va 9.50 miles.

Short Branches from Main Line 11.62 miles.

New River Division : Radford to Powhatan 83.01

Branches to Coal Mines 21.70—104.71 miles.

Cripple Creek Extension : Cripple Creek Junction to Gossan 45.81

Branches to Ore Mines 21.98 — 67.79 miles.

Clinch Valley Division : Graham to Norton, Va 100.40

Branches to Coal Mines 6.63—107.03 miles.

Scioto Valley Division : Columbus, 0., to Kenova, W. Va 136.80 miles.

Maryland and Washington Div.: Hagerstown, Md., to Roanoke, Va. . .238.11

Branches connecting RRs. and to Iron and Manganese Mines 21.27 — 259.38 miles.

Total length of all lines, December 31, 1891 1,120.39 miles.

Average mileage operated during fiscal year 1,091.00 miles.

Second track, 42.60 miles. Sidings, etc. (owned), 331.84 miles. Gauge, 4 ft. 9 in. Rail
(steel, 1,399.15 miles), 56 to 67 Ibs.

History. — This company was formed May 9, 1882, by the consolidation and merger of
the New River RR. Co. (of Virginia), the New River RR. Co. (of West Virginia), and the East
River RR. Co. (of West Virginia) into the Norfolk and Western RR. Co. The latter corpora-
tion was a reorganization of the Atlantic, Mississippi and Ohio RR. Co., and the several com-
panies merged into it had been previously organized with the object of building extensions
and branches of its lines. (For further particulars see MANUAL for 1884, pp. 391 and 392.)

The Scioto Valley and New England RR. was purchased February 1, 1890, and the

820 POOR'S MANUAL — NORFOLK AND WESTERN RR. CO. ]

Shenandoah Valley RR. on September 30, 1890. For the purchase of the former the com-
pany issued $3,000,000 preferred stock, and for the latter $2.250,000 common and $4,500,000
preferred.

Work is in progress on the Ohio Extension, from Powhatan to Kenova, 182.87 miles,
and will|be completed during 1892, During the past year the mileage increased 20.62 miles
by the construction of short extensions and branches.

On March 1, 1892, the company assumed under lease the operation of the Lynchburg and
Durham RR,, from Lynchburg to Durham, 115 miles, and the Roanoke and Southern Ry.,
from Roanoke to Winston-Salem, 121.3 miles. Under the arrangement with the Lyuchburg
and Durham, the company agrees to complete its belt line at Lynchburg to a connection with
that road, and to operate that property under a lease for one year from March 1, 1892, during
•which time the company has the option to continue the lease permanently at an annual
minimum rental of $100,000, or to purchase 11,630 shares of the capital stock (out, of a total
issue of 18,763 shares) and its entire issue of $2,012,000 5 per cent, bonds, for $1,433,838.
Under the terms of the temporary lease, this company agrees to operate the road for 65 per
cent, of the gross earnings, exclusive of taxes, which are to be paid out of the 35 per cent,
to be paid to the lessor.

Under the agreeement with the Roanoke and Southern, the company acquires 18, 378 out
of a total issue of 23,964 shares of capital stock, and agrees to operate the road and to pay
over to the lessor any surplus earnings over interest on bonds and cost of such improvement
and additions as may be necessary, this company guaranteeing principal and interest of $2,-
4)41,000 5 per cent, bonds of the lessor.

The company uses the tracks of the Richmond and Petersburg RR. to gain entrance into
Richmond, and leases to the Norfolk Southern RR. Co. trackage facilities over this road
into Norfolk, and the use of the terminal facilities at that point.

Rolling Stock, December 31, 1891. — Locomotive engines, 349. Cars — passenger, 105 ;
baggage, mail, and express, 71 ; freight (box, 3,434 ; stock, 641 ; flat, coke, and gondola,
7,514), 11,589— total revenue cars, 11,765. Also, 209 caboose and 541 service cars. Of the
above, the following are owned through car trusts : Locomotive engines, 67. Cars — passen-
ger, 12 ; baggage, mail, and express, 4; freight (box, 485 ; stock, 100 ; gondola, 2,015), 2,600
total cars/2,616.

Operations for^year ending December 31, 1891.— See tabulated statement below.

Expenses.— General $277,106 98

Commercial Department 252,748 79

Maintenance of Way 1,001,501 43

Maintenance of Engines 1,320,584 39

Maintenance of Cars 472,141 12

Conducting Transportation... 2,685,684 52

Earnings.— Passenger $1,819,593 13

Freight 6,980,129 69

Mail 141,308 07

Express 121,388 97

Car Service 990 07

Miscellaneous... 124,63208

Total ($8,421.67 per mile) $9,188,042 01 Total ($5,508.49 per mile) $6,009,767 23

Xet earnings (34.59 per cent.), $3,178,274.78; add interest, dividends, etc., $156,645.42 ;
-special dividend fund 'Shenandoah Valley RR., $135,000— total, $3,469,920.20. Payments :
Interest on funded debt, $2,218,194.24 ; on car trust obligations, $47,936.28 ; dividends on
preferred stock (April 23 and October 22, 1890, l£ per cent, each), $1,072,500— total, $3,338,-
630.52. Surplus, $131,289.68 ; surplus forward, $1,455,262.25— total, $1,586,551.93. Deduct
sinking fund equipment mortgage, $129,575. Net surplus, $1,456,976.93.

General Balance Sheet, December 31, 1891.

Railroad Property and Franchises §87,082,450 04 Preferred Stock $40,000,000 00

Equipment . . . .

9,071,018 06
5,983,600 00
710,324 49
533,314 39

Common Stock (par, $100)*. .
Funded Debt

9,500,000 00
50,943,200 00

Stocks, Bonds, and Investment!?

Car Trust Lease Warrants

533,314 39

Car Trusts (Contra)

Bills Payable

121,250 00

1,028,887 89
1,733,375 54
281,337 28

Collateral Loan

2.000,000 00

Cash— General Account
Cash set aside for Specific Purposes.

Total Assets ....

Accrued Interest

820,094 33

Current Accounts

1.0-21.295 39

Deferred Payments, acc'nt of Real Estate. 28,176 65
Income Account, Surplus 1 ,456,97(5 9:

..$106,424,30? 69

Total Liabilities

$li«i.4-J4,307 69

* Includes $105,100 common stock, deposited with trustee of 100-year mortgage 5 per cent. loan.

o o

821

822

POOR'S MANUAL — NORFOLK AND WESTERN RR. CO.

The item " Stocks, bonds, and investments," in the above balance sheet, consists of com-
mon stock held by trustee of 100-year mortgage 5 per cent, loan, $105,100 ; Roanoke Machine
Works bonds, $500,000; Roanoke Machine Works stock, 4,167 shares, $304,600; Virginia
Company's stock, 993 shares, $99,300 ; Old Dominion SS. Co. stock, 1,876 shares, $187,600 ;
equipment bonds of 1892 owned, $650,000 ; 100-year mortgage bonds owned, $4,077,000 —
total, $5,983,600.

Statement of operations, capital account, etc., for seven years :

1885

1886

1887

1888

1889

1890

1891

Mile* of RR Owned

510.00
503.00
584.10
495.70
128
33
3,351)
24
56r,251
2.112,624
68,281

533.3
525.00
629.7
513.8
103
33
3,864
25
683.792
2.453,247
83.711)

554.2
531.00
673.2
528.8
150
45
3,628
24
756,633
2,809,683
123,568

594.12
572.00
756.37
575.48
174
49
6,617
33
898,187
3,319.425
153,662

(538.01
591.00
81(5.47
619.37
195
50
7,431
57
99D.343
3.702. 'MS
138,088

1,099.77
826.00
1,416.98
1,068.99
310
104
10,689
71
1,471,194
4,716,589
351,323

1,120.39
1.091.00
1,494.03
1,399.15
849
105
11,589
71
2.068,968
6,261,041
298,668

Avcra-ze Miles RR. Operated ....
Miles of Track Owned

Miles of Steel Rail Owned
Locomotive Engines

Freight

Ba^a^e, Mail, etc

Passenger Train Miles
Freight Train Miles
Other Train Miles

Total Train Miles

2,748,166
888,087

3,220,7-58 3,689,884
400,2691 558.951
19,580,000' 2(5,703.571)
1.5.V).S(57 2,208.688
403.008,908 541,917,945
S
3,252.050 4,254,794
1,960.1)0.) 2,4S3.7HU

4,371,274

771.248
35.385,815
2.703,376
669,526,740

4.81)9,59!)
3,001,1)27

4,840,348
841.98(5
36,392,466

3,435.71)7
819.160,394
S
5,597.125
3,483,353

6,187,783
1,519.231
64,086,450
5,059,596

l,003,S'.)-.!.:-.!t;

$

7,561,916
4,838,610

1,887,522

71.31)4.761
5.797.941
1,292,984.631

9,188.042
6,009,767

Passenger Miles

Freight (tons) Moved
Freight (ton) Miles

2li^7-ss's72

2,771,121
1,649,292

Operating Expenses

1,121,829

1,291,147
34,303

1.771,014
109,497

1,897,672
159,415

2,113,772
144,148

2,723,306
233,919

3,178.275
291,645

"Other Receipts

Available Revenue

1,121,829
1,189,991

1,325,450
1,193,786

1,880,511
1,244,983

2,057,087
1.308,528
di)330,000

2,257,920

(Sj'eeelooo

41.608
+ 105,047
9,470 60
5,894 00
3,576 60
62.24 p. c.
3.017C.
1.819C.
1.198c.
0.549c.
0.344c.
0.205C.
8
32,000,000
26,664.500
939,789

2,957,225
1.814,008
(3) 735,000
88,607
+ 319.610
9.15486
5,857 ss
3,296 98
63. 99 p. c.
2.862C.
1.619C.
1.243C.
0.571 c.
0.379 c.
0.192C.

S

44,000,000
48,202.200
722,724
2,000,000
666,171
404,594
42,270
1,065,533
1,455,262

3,469.920
2,218,194

(3) 1,072,500
129,575

+ 1,715
8.4-21 07
5,508 41)
2,913 18
65.41 p. c.
2.938C.
1.867C.
1.071 c.
0.548 c.
0.361 c.
0.1«87 c.
$
49,500,000
50,943,200
533,314
2,000,000
820,094
121,250
28,177
1,021.296
1,456,977

Dividends Paid ,

Other Payments

'+ 635',528
8,073 61
4,713 06
3,360 55
58. 38 p. c.
3.041 c.
1.733c.
1.308c.
0.635C.
0.373 c.
0.262 c.
8
29,000,000
21,778,200
1,464,171

B ilance ( + or — )
Gross Earnings per Mile
Gross Expenses per Mile

- 18,162
5.501! 11)
3.2781)1
2,28028
59.53 p. c.

•< 1.777 c.
/1.250c.
10.741 c.
- 0.443 c.
/0.298C.
$
25 000,000

+ 131,664
6,414 31
3,867 (57
2,546 64
60. 30 p. C.
3.122C.
1.943C.
1.179C.
0.655C.
0.392C.
0.263 c.
$
25,000,000
18,196,600
1,743,686

-f 41S.55!)
9,039 85
5.538 (51
3.501 24
61. 27 p. c
2.833c.
1.5(53c.
1.270c.
0.582C.
0.366 c.
0.216c.

S

29,000,000
23,551,700
1,188,359

Net Earnings per Mile

Expenses to Earnings

Aver. Rate Exp. and Profit per
Pass per Mile

Aver. Rate Exp. and Profit per
Ton per Mile

Capital Stock

Funded Debt

17,3)9,600
1,506,524

Lease Warr'ts on Rolling Stock. . .
Collateral Loans
Accrued Interest
Bills Payable

30(5.3(56
227 620

338,916

380,085

409,975

444,955

Other Liabilities

303,897
55,989

373,350
691,517

65l',694

1,110,076

52l',633
1,215,122

Current Accounts ....

257,134
73,007

Total Liabilities

44,680,251
37,720,800
2,399,292
1,758,921
124,424
1,506,524
143,994
15,146

45,639,088
38.937',753
1,946,325
1,877,321
232,333
1,743,686
193,586

53,689,323
42.929,117
2,431.557
3,740^36
177,542
1.464.171
440,432

55,911,804
45,700,862
4,565,824
2,584,591
287,363
1,188,359
337,2:38

61,785,399
48,793,508
5,544,210
4,353,481
340,167
939,789
383,398

98,558,754
77,509.474
8,092,835
7,523,600
(51)2.713
722,724
428,002

106,424,30s
S7.OS2.450
9,071,018
5,983,600

710,325
533,314

RR. Property and Franchises
Equipment
Stocks and Bonds
Materials and Fuel

Norfolk and West Car Trust
Ads. to Roanoke Machine Work .
BilN Receivable

182,443

173,028
267,229
388,450

277,335
170,392
260,357

333,643

169,260
548,209

243,373
169,128
694,257

421,968
168,563
732,564

842,900

1,028,888

Suspense Account
Cash on Hand
Sale of Imp and Ext. Bonds
Clinch Valley Extension

2,746.506

2,014,713

1,454,756

14^809

107,751

Advance to Virginia Co

Total Assets

44,680,251

45,639,088

53,689,323

55,911,804

61,785,399

98,558,754

106,424,308

Annual meeting, first Wednesday in May, at Roanoke, Va. Books close for annual
meeting about two weeks previously, and reopen the following day. Books close for divi-
dends about two weeks in advance of payment of same. Bonds listed on Exchanges as fol-

POOR'S MANUAL — NORFOLK AND WESTERN RR. CO.

823

lows : New York— general mortgage, New River Division, improvement and extension,
adjustment mortgage. Clinch Valley Division first mortgage, $1,374,000, equipment mortgage
and $100-year mortgage bonds ; Philadelphia — general mortgage, New River Division and
convertible debenture bonds ; London — general mortgage, improvement and extension, and
adjustment mortgage bonds; Amsterdam — equipment mortgage bonds. Trustee of bonds
and registrar of stock, Fidelity Insurance, Trust and Safe Deposit Company, Philadelphia ;
registrar of stock in New York, State Trust Company. Transfer agent in New York, Mer-
cantile Trust Company.

Statement of funded debt of Norfolk and Western RR. Co., January 1, 1892 :

DKSCRIPTION OF BONDS.

DATE OF BONDS.

PROPERTY MORTGAGED.

INTEREST.

Amount
Out-
standing.

Annual
Interest.

Is'd Payable.

Road ana Location.

I/gth.

3

ej

K

Payable.

N.&P.RR.2dm. (now 1st lien)

S.S.RR. Istpref . consol. mtge.
S.S. RR. 2d pref. consol. mtge.
S.S. RR. 3d pref. consol. mtge.

V. & T. RR. enlarged m. (ext.)
V. &T. RR. pref. tip. c. stock.
V. & T. RR. 4th mortgage
General mortgage

.... July 1,1893

..July 1, 1900
.... July 1, 1900
.... July 1, 1900

... June 30, 1990
1854
.... Men. 1 1900
. .. May 1 1931

Norf ktoPetersb'g.
First lien on line
Petersburg to
) Lynchburg. 123
V m.,& City Point
) Branch, 10 m.
First lien in order
given Lynchb'g
) to Bristol, 204
[• m., Saltville.
) Branch. 9.5 m.
See below.
See below.
See below.
See below.
See below.
See below.
See below.
See below.
See below.
See below.
See below.

81.00
133.00

213 50

105 50

8

&
6

8
6
6
6

i
.:

I

Jan. & July

Jan. & July
Jan. & July
Jan. & July

Jan. & July
Jan. & July
Jan. & July
May & Nov.
Apr. & Oct.
Feb. & Aug.
M.J.S. &D.
Jan.lo-July
Mch.&Sept.
June & Dec.
Jan. & July
Jan. & July
May. & Nov.
Jan. & July

$496,000

290,000
270,500
452,800

980,000
10,900
1.000,000
7.283.000
2,00(3,000
5,000,000
1.500,000
525,000
2.500,000
4.376,000
27,000
7,605,000
5.000,000
6.900,000

$39,680

15,480
14.455
27,168

49,000
654
80,000
436.980
120,000
300,000
105,000
31,500
125,000
21 8.300
1.350
*380,250
200,000
345,000

New River Division. 1st mtge.
Improvement and Ext. mtge.
Adjustment mortgage
Convertible Debenture bonds.
Clinch Valley Div. 1st mtge..
Equipment mortgage

.... Apl. 1 1932
. . . Feb. 1 1934
1884 Dec. 1 1924
.... Jan. 15 1894
1887 June 1 1957
1888 June 1 1908
1892 Jan. 1 1912
1889 Jan. 1 1990
1889 Nov. 1 1989
1891 Jan. 1 1941

Equipment mortgage of 1892.
100-year mortgage

Sci.VaL.fe N.E. RR.lst m. loan
N.& W.RR.M.& W.Div.lst m.

Totals

46,216,200

2,490,317

* Currently divisible between construction and operating accounts, according to proportion of work com-
pleted and in operation.

NOTE.— In the above statement only the amounts actually outstanding of 100-year mortgage bonds and
equipment mortgage of 1892 are included, while in the balance sheet the total amounts" issued— $11,682,000 of the
former and $677,000 of the latter— are included.

Norfolk and Petersburg bonds are for $1,000 each, and are a first lien on the line between
Norfolk and Petersburg, 81 miles. Average rate per mile, $6,123. The Southside RR. 1st
preferred consols are for $1.000 each. They bear interest, $93,000 at 6 per cent., and $192,-
000 at 5 per cent. The '26. preferred consols are for $500 and $1,000 each ; the $500 bonds
($84,500) and $93,000 of the $1,000 bonds be^r 5 per cent, interest ; the remaining $93,000
bear 6 per cent. These two issues, maturing July 1, 1900, are in extension of original issues.
The third preferred consols are all 6 per cent, bond*, $200,000 for $1,000 -each, $200,000 for
$500 each, and $52,800 in $100 and $300 bonds. The bonds mature $100,000 on the 1st of
January each yt-ar from 1896-1899, and $52,800 on January 1, 1900. The mortgage is a first
lieu on the line between Petersburg and Lynchburg, 123 miles, and the City Point branch,
10 miles, a total of 133 miles. The outstanding bonds are secured by the mortgage in the
order given above, and constitute an issue at the rate of $7.619 per mile. Virginia and Ten-
nessee bonds are $1,000 each. Enlarged mortgage is an extension of the original issue.
These two issues of bonds arid the preferred stock are, in the order given, a first lien on the
line between Lynch burgh and Bristol, 204 miles, and the Saltville Branch, 9.5 miles— a total
of 213.5 miles, being at the rate of $9,349 per mile.

The Norfolk and Western general mortgage bonds are $1,000 each, coupon with provision
for registration, and secured on the main line, City Point and Saltville branches, 427.5 miles,
subject to lien of preceding $3,500,203 divisional bonds ($8,680 per mile) ; average per mile,
$17,036. The mortgage provided for an issue of $11,000,000 bonds, of which $4,500,000
were deposited wi.h the Fidelity Insurance, Trust and Safe Deposit Co. of Philadelphia,
trustee, to retire the prior lien bonds as they mature.

824 POOR'S MANUAL — NORFOLK AND WESTERN RR. co.

The New River Division bonds ($1,000 each, in coupon form) are a first lien on the New
River Division, f torn Radford to point of beginning of Ohio Extension, 85.48 miles, branches
to coal mines, 19.70 miles, the Cripple Creek Extension, 30.40 miles, and branches to ore
mines, 21.98 miles, aggregating, December 31, 1891, 157.56 mile?, and upon all other branches
and extensions hereafter constructed under the privilege derived from the companies con-
solidated to form the New River Division of the Norfolk and Western RR. Company ; all
such branches or extensions come under the lien of the same mortgage without increasing
the present issue of bonds. The bonds (limited in amount to $2,000,000), represented,
December 31, 1891, a first lien at the rate of $12,694 per mile.

The Clinch Valley Division bonds are for $1,000 gold each. They are a first lien upon
the Clinch Valley Division and all branch roads that may hereafter be constructed under the
privileges derived from the Clinch Valley RR. Co., and also upon rolling stock acquired cost-
ing $500,000. The bonds are limited in amount to $2,500,000, in addition to which further
bo'ids may be issued on branch lines of this division at the rate of $15,000 per- mile, but
limited to a total of $825,000.

TJte, Improvement and Extension bonds are $1,000 each, coupon with provision for regis-
tration of principal. By agreement with the trustee the maximum amount of bonds which
can be issued is $5,000,000. The bonds are a lien upon the main line and City Point and
Saltville branches, subject only to the lien of the divisional securities and of the general
mortgage. They are a second lien upon the New River Division and the Flat Top and
Cripple Creek Extensions thereof. (See MANUAL for 1891.)

The Adjustment Mortgage bonds are for $1,000 each, in coupon form with privilege of
registration of principal. They are a lien upon the property and franchises of the company,
subject to the lien of the divisional securities, and also of the bonds issued and to be issued
under the general mortgage, the New River Division first mortgage, and the improvement
and extension mortgage ; dated October 29, 1884, and redeemable at option of the company
any time after ten years from date at 110.

The Equipment Mortgage bonds are $1,000 each ; authorized issue, $5,000,000. They
are a first lien upon equipment costing $1,000,833, and upon such additional equipment and
principal of car trust obligations as may from time to time be acquired with the $5,000,000
of bonds authorized to be issued. A sinking fund of 3 per cent, per annum on the bonds
outstanding is provided, applicable during the first ten years to the purchase of equipment
mortgage bonds at par or under, if obtainable, otherwise to the purchase of any of the above
described mortgage bonds of the company, and after that time to compulsory drawings by
lot. The bonds may be redeemed by the company after June 1, 1898, at par and interest.

Bonds of the Equipment Mortgage of 1892 are for $1,000 each. Authorized issue, $5,-
000,000. The bonds are a first lien upon such equipment as may from time to time be ac-
quired with the proceeds of the $5,000,000 of bonds authorized to be issued. A sinking fund
of 3 per cent, per annum, beginning January 1, 1893, on the bonds outstanding, is provided,
applicable on and after July 1, 1893, to the purchase or redemption of bonds issued under
the mortgage. The bonds may be redeemed by the company after January 1, 1902. at par
and interest. The outstanding bonds (not including $650,000 held in treasury of company)
amount to $27,000.

The Convertible Debenture bonds are $500 each, and were issued to take up un equal
amount of scrip issued for dividend on preferred stock, and may be converted into preferred
stock, at holders' option, at the rate of one $500 bond for five shares stock, after increase in
preferred stock for that purpose has been authorized ; or they may be redeemed by the com-
pany on any interest, day at par and accrued interest.

The lOQ-year mortgage bonds are limited to an issue of $45,000,000. (See MANUAL for
1891.) The bonds are f..r $1,000 gold each, and $10,000,000 of them will be applied as fol-
lows : For redeeming Norfolk Terminal Company's 1st mortgage bonds, and for acquiring
tugs and barges for transporting coal, $1,000,000; to reimburse the company for amounts
expended for improvements, extensions, additions, and construction, $975,000 ; for the con-
struction of the Ohio Extension, $6,000,000 ; for the North Carolina Extension, $1,500,000;.

POOR'S MANUAL — NORFOLK AND WESTERN RR. CO. 825

for retiring the convertible debenture loan, $525.000. A further issue of $10,000,000 bonds
may be made, of which $5,000,000 is to be used for additional terminal facilities, branches,
and extensions, and other additioes and improvements, and $5,000,000 for double tracking.
The mortg-ag-e also provides for the issue of bonds, with interest at not exceeding 5 per cent.,
for refunding the existing mortgage bonds of the company. The bonds issued under this
mortgage are a first lien upon the terminal facilities at Lambert's Point and at Norfolk, for-
merly the property of the Norfolk Terminal Company, upon the Ohio and North Carolina
Extensions, and upon any other branch lines constructed from proceeds of these bonds.
They are also a lien upon the railroad property of every nature, and the franchise? of the
company, subject to the lien of previous mortgages.

The Scioto Valley and New England RR. 1st mortgage bonds are a first lien upon the
line from Columbus to Petersburg, O., 158.6 miles. Under the supplemental mortgage of
Julv 22. 1890. the maximum amount of bonds which may be issued is $5,000,000. Bonds are
to bearer, with provision for registration. The payment of the principal and interest of these
bonds is guaranteed by the Norfolk and Western RR. Co., in accordance with the terms of
the deed of conveyance, dated July 22, 1890, from the Scioto Valley and New England RR.
Co. to the Norfolk and Western RR. Co. Interest payable in Philadelphia, Pa., and New
York, N. Y. Trustee, Central Trust Co., New York, N. Y.

The Maryland and Washington Division, 1st mortgage bonds are a first lien upon the
Maryland and Washington Division (formerly the Shenandoah Valley RR.), extending from
Hagerstown, Md., to Roanoke. Va., 238.11 miles, with 21.27 miles of branches; upon the
branch line to be built to, and terminals which may be acquired in the city of Washington,
and upon all branches and improvements which may be constructed or acquired with the
proceeds of these bonds. Of the authorized issue of $10,000,000 there have been set aside :
$2.000,000 for the construction of a branch line about 70 miles in length to a point on the
Potomac River, opposite Washington, D. C. ; $500,000 for the construction of an extension
of such branch into the city of Washington, and for terminal facilities, and $600,000 for
future requirements and improvements.

Interest payable in Philadelphia and New York. Preferred stock entitled to a dividend
of 6 per cent, before common stock can participate. Twelve dividend-* have been paid on pre-
ferred stock to date ; nine in cash, March, June, September, and December, 1882, each 1 per
cent.; October, 1888. April and October, 1889,^1890, and 1891, U per cent, each ; and one of
3£ per cent. 5n scrip convertible into convertible debenture bonds, January. 1884.

The following extracts are taken from the company's report for 1891 :

At the beginning of the year the company had cash on hand to the amount of $2.746.505.91, of which
|l,939,98a 27 was set aside for certain specific purpose.-?, including the construction of the Ohio extension and
improvements to the Maryland and Washington Division, and had'maturing during the year a collateral loan for
$8,000,000, and bills payable to the amount of S4o4.oft4.2r;.

To meet the company's maturing obligations and other financial requirements, including the construction
of the Ohio extension and such additions and improvements as were absolute! v required to accommodate the com-
pany's increasing business, the 55.000 shares of preferred capital stock which were authorized by the shareholders
at their last annual meeting, as well as the 80,000 shares previously authorized issued, and held by the rrustee of
tile 100-year mortgage to be applied specifically to the construction of the Ohio extension, were" offered to the
shareholders through a circular dared May 8. 1891. This offer to the shareholders was availed of to the extent of
"25,000 shares, and the remainder was disposed of from time to time during the year.

There were also disposed of during the y.-ar : $(>or>.000 100-year mortga'ge bonds, $400,000 Maryland and
Washington Division bonds, §391.000 equipment mortgage bonds.

The proceeds of these sales were applied to the liquidation of the collateral loan and other indebtedness,
and in payment of the following expenditures for capital accounts : General improvements and additions to the
property, including real estate, sidings, yards, and stations. $31H.3!!0.3f) ; for completion of the Clinch Valley
Extension and branches, and for various small branches to coal and ore mines, including branches to Cripple
Creek Extension. $533,121.18: for second track. $tirt5.973.45 : for terminal facilities. $108,041.47; for improve-
ments to the Maryland and Washington Division. $618.101 99 ; for the Ohio Extension. S2.2?9.4ti3.47 : for equip-
ment. $834,183.74— total, $5.352.301 .fti.

To enable the company to complete the Ohio Extension and provide increased transportation facilities and
rolling stock. $2,000.000 was borrowed from a syndicate witltfue company's 100-year mortgage bonds as collateral,
the loan hearing interest at the rate of 6 per cent, per annum, payable within two years, or earlier, under favor-
able conditions to the company.

Of the bonds issued under the equipment mortgage of June 1, 1888. all had been disposed of in the acquisi-
of equipment prior to the close of the year 1890. excepting those reserved by the trustee for retiring outstand-
:ar trusts of a previous date. In anticipation of the future requirements of the company there was created,
December 80, 1891. under authority Driven at a meeting of the shareholders held December 15. 1890, the •' Equip-
ment Mortgage of 1892 " for $5,000,000, interest at 5 per cent., and maturing in 1912. A sinking fund of 3 percent,
per annum, payable from and after January 1. 1S<»3. on the bonds outstanding is provided, to be applied from and
after July 1, 1893, to the purchase and redemption of outstanding bonds issued under the mortgage. The right is
reserved by the company to redeem the bonds at par and interest at any time after 10 years. Your company no .v

826 POOR'S MANUAL OF RAILROADS.

holds in its treasury $650,000 of these bonds, which it has received from the Roanoke Machine Works in settle-
ment of advances to that company, and which amount was used by that company during the past two years in
building equipment.

The connection of the Clinch Valley Division with the Louisville and Nashville Railroad at Norton was
completed in June, 1891, and resulted in an immediate interchange of traffic which taxed to the utmost the facil-
ities of the company. The lack of adequate transportation facilities and equipment prevented the development
of this traffic to its lull extent.

In order to facilitate the interchange of traffic with the Louisville and Nashville Railroad and its connections
a fast freight line was organized, designated the Cumberland Gap Despatch Line, which is now in satisfactory
operation.

The " Great Southern Despatch,1' the fast freight line established in 1884, and which operates between north-
ern and New England points over the Maryland and Washington Division and main line and southern and
southwestern points reached by the Ea-t Tennessee, Virginia and Georgia Railway and its connections, has,
through the co-operation of the Pennsylvania RR. Co., been strengthened by the establishment of new agencies
and opening up of additional territory, and it, is believed that the business of this line will be largely increased.

An important additional connection wa.s effected during the year at Hagerstown. Md., the northern terminus
of the Maryland and Washington Division, through the completion by the Philadelphia and Reading RR. of its
line to a connection with the Western Maryland RR., thereby affording this company an additional communication
with interior Pennsylvania and northern and New England points, and improving its facilities for shipments of
pig and manufactured iron and cotton to manufacturing districts of the North and East, and enabling it to
receive additional shipments of anthracite coal, machinery, and manufactured products for distribution to points
upon its owu lines and its connections.

The necessity for improved arrangements for the transaction of passenger traffic with the city of Washington
becomes more apparent each year. During the past year, through improved facilities extended to this company
by the Baltimore and Ohio RR. Co. for the interchange of passenger traffic at Shenandoah Junction, the number
of passengers carried to and from Washington increased from 15,020 in 1890, to 17.033 in 1891.

AUXILIARY PROPERTIES.

BOANOKE MACHINE WORKS.— These works are situated in the city of Roanoke, Va. ; the
grounds comprise 60 acres, upon which are erected the various buildings for the manufacture of locomotives and
cars. Construction completed and operations begun in 1883. Capacity of car shop, 10 cars per day. 4 locomotives
per month ; capacity of wheel foundry, 200 car wheels per day. During 1891 the operations of these works
enabled the company to declare a dividend of $79,306 upon the capital stock owned by the company, which
amount has been credited to the revenue of the company. Condensed Balance Sheet, December 31, 1891.— Capital
stock, $417,400 ; 1st mortgage 6 per cent, bonds, $500.000 ; bills payable, $425,000 ; accrued interest, $12,500 ;
equipment trust notes, $248,939.06 ; accounts payable (current balances), $154,773.65 ; income account, $3,735.54
—total, $1,762.348.25. Contra: Property account, $1,069,894.97 ; materials and supplies, $290,465.33 ; accounts
receivable, $108,097.80 ; cash. $422.57; bills receivable, $2,617.58; N. & W. RR. equipment mortgage bonds of
1892, $24,300 ; equipment trust rolling stock leased to N. & W. RR. Co., $266,550— total, $1,762.348.25. The bonds
are coupon 50-year $1,000, due February], 1933, interest February and August, and are wholly owned by the
Norfolk and Western RR. Co. F. J. KIMBALL, President ; Wm. G. Macdowell. Treasurer,- A. J. Hemphill,
Secretary. CORPORATE OFFICE, Roanoke, Va. General and Transfer Office, 333 Walnut St., Philadelphia, Pa.

VIRGINIA COMPANY. -Under its charter this company has acquired and holds real estate at impor-
tant points on the line of the Norfolk and Western RR. Co., which has secured control of the company through
the ownership of 993 out of a total of 1,000 shares of stock. Condensed Balance Sheet, December 31, 1891.—
Capital stock, $100.000: 1st mortgage Joan, ;$130,000 ; bills payable, $30,000; accounts payable, $164,766.87;
accrued interest, $3,163.33 ; income account, $4,790.54— total. $432,720.74. Contra : Real estate, houses, etc., $403,-
577.14 ; balance due by hotels, $8,128.48 ; accounts receivable, $20,701.39 ; cash, $313.73— total, $432.720.74. F. J.
KIMBALL, President ; Wm. G. Macdowell, Treasurer ,- A. J. Hemphill, Secretary, Philadelphia, Pa. GENERAL
OFFICE, Roanoke, Va.

Board of Directors, Norfolk and Western RR. Co., elected May 4, 1892.

C. H. Clark Philadelphia, Pa. RichM S. Brock. . .Philadelphia, Pa. I W. H. Taylor Norfolk, Va.

F. J. Kimball " Samuel A. Crozer Upland, Pa. | Robt. Fleming. . .Dundee. Scotland.

Chas. Hacker " I A. J. Dull Harrisburg, Pa. I Henry Whelen, Jr. Philadelphia, Pa.

Jos. I. Doran "I y.L.Boj'ce,BoyceP.O. Clarke Co. ,Va. | Howland Davis New York, N. Y.

William Vivian .... London, England.

F. J. KIMBALL, President. . . * Philadelphia, Pa.

Charles G. Eddy, Vice- President Roanoke, Va.

Vice-Pres. & Gen. Man.— Jos. H. Sands. . .Roanoke, Va. I Treasurer— Wm. G. Macdowell Philadelphia, Pa.

Comptroller — M. C. Jameson Philadelphia, Pa. | Secretary — A. J. Hemphill

As*i*tarit to President— Wm. C. Bullut Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS Roanoke, Va.

Transfer Agency, Philadelphia 383 Walnut Street.

Transfer Agency, New York Mercantile Trust Company.

NORTHERN CENTRAL RAILWAY COMPANY.

Main Line of Road.— Baltimore, Md., to Sunbury, Pa 136.82 miles.

Green Spring Branch : Hollins to Green Spring Junction, Md 8.59 miles.

{ Shamokin Valley and Pottsville RR. and Br. (see page 831). . .29.78
I Elmira and Williamsport RR. (see pa<re 830) 75.50

Leased : -{ Elmira and Lake Ontario RR. and Branches (see page 830). .99 61

| Rockmlle Branch of Pennsylvania RR 2.83

[ Summit Branch (agent, for) 19.70 — 227.42 mile.«.

Total length of linns (owned, 145.41 mile*) operated 372.83 miles.

POOR'S MANUAL — NORTHERN CENTRAL RY. CO.

827

Second track (lines owned, 109.56 : leased, 3.39), 112.95 miles ; sidings (lines owned,
95.89 ; leased, 100.50), 196.39 miles ; private sidings (lines owned, 12.18 ; lines leased, 4.23),
16.41 miles. Total tracks (lines owned, 363.04 ; lines leased, 335.54), 698.58 miles. Gauge,
4 ft. 9 in. Rail— iron, 60 and 64 ; steel, 60 Ibs.

In addition to the mileage given above, the company uses the track of the N. Y., L. E.
& W. RR., between Southport and Horseheads, X. Y., a distance of 7 miles, making the
total length operated (excluding Union RR.) about 377 miles. For operating purposes these
lines are formed into six divisions, as follows : Main line, 139 ; Green Spring Branch, 9 ;
Shamokin, 28 ; Elmira, 78 ; Summit Branch RR., 20 ; Canandaigua, 103 miles. Separate
accounts of the operations, earnings, etc., of the Union RR. are kept, and reference should
be made to the statement of that company.

History. — Consolidation December 9, 1854, of the Baltimore and Susquehanna RR. Co.,
the York and Maryland Line RR. Co., the York and Cumberland RR. Co., and the Sus-
quehanna RR. Co. The mainline reaches the Elmira and Williamsport RR. and its northern
extension by using, under a traffic arrangement. 40 miles of the Philadelphia and Erie RR.
between Sunbury and Williamsport. The Shamokin Valley and Potts ville, and the Elmira
and Williamsport RRs. were leased in 1863, for 999 years each. The Elmira and Lake
Ontario RR. is controlled through ownership of a majority of its stock.

In 1882 the company purchased the entire capital stock of the Union RR. Co., $600,000.
A traffic contract has been entered into with the Stewartstown RR. Co., which has built a
line 7 miles in length from New Freedom to Stewartstown, Pa. (opened September 10, 1885),
by the terms of which contract this company will s?cure all traffic controlled by the Stewarts-
town RR. Co., and destined to and from points on this company's main line and its con-
nections.

The Union Railroad (see GENERAL INDEX) since the acquirement of its stock has been
operated distinct from the Northern Central, and the financial results have been kept sepa-
rate. The Rockville Branch is operated as an extension of the Susquehanna Division under
contract. (For fuller information, see MANUAL for 1885, page 261. )

A controlling interest in (not a majority of) the share capital of thif company is owned
by the Pennsylvania RR. Co.

Rolling Stock, December 31, 1891.— Locomotive engines, 173. Cars — passenger, 91 ;
baggage, 24 ; express, 17 ; postal, 3 ; freight (box, 2,343 ; gondola, 4,451 ; stock, 44 ; stone,
65 ; lime, 50 ; caboose, 102), 7, 045— total revenue care, 7,180 ; tool and working cars, 314. In
addition to the above equipment, there are 700 Pennsylvania Car Trust gondola cars and 1,75(5
Pennsylvania Equipment Trust Cars, assigned to and in service on this road.

Income Account for 1891.

Net Traffic Earnings $1,903.346 69

'Ltfg Rentals $409,23*62

Interest on Equipment . . 28.616 12

State Tax on Cap. St'k. . 2,608 35— 440.461 09

Balance, Surplus gl. 462.885 60

Interest and Dividends from Investments . 303.989 00
Int. on Equipm. furnished Leased Roads . . 28,238 06
Rental due from Elmira & L. O. RR. Co. .. 11.862 40
Proportion Losses, Elmira and Can. Div. . . 32.791 57
Real Estate. Elmira & Lake Ont. RR. Co. . 300 00

Interest on State Lien $90,000 00

Interest on Bonds of 1900 235.800 00

Interest on Consols 298.500 00

Interest on 2d General Mortgage 183.100 00

Interest on Car Trusts 106,601 49

Interest on Mortgages and Ground Rents 19.736 94

Rents 6,307 30

Interest on Equipment 1,008 17

Interest General Account and Exchange 2,903 56

State Tax on Capital Stock 20,248 14

Advances to Mineral RR. and Mining Co. . .
Advances to Elmira and L. Ontario RR Co .
Guaranty of Allegh'y Vy. RR. 5 p. c. Bonds
Dividends (7 per cent.)

78,000 00
38,020 39
63,333 33
526,263 50

Total Receipts $1,840,066 63 Total Payments $1,669,822 82

Balance, surplus for year, $170,243.81 ; add one-half cost of cars purchased through
Pennsylvania Car Trust, $364,875 ; surplus from 1890r $716,981.61— total surplus, $1,252,-
100.42. From which deduct : Pennsylvania State tax on bonds of company for 1888. 1889,
and 1890, $11,058.68 ; Pennsylvania State tax on bonds of Shamokin Vv. and Pottsville RR.

828

POORS. MANUAL — NORTHERN CENTRAL RY. CO.

Co. for 1887, 1888, 1889, and 1890, $10,966.90 ; land purchased for account of S. V. & P. RR.
Co., $21,530 ; depreciation of equipment purchased from Summit Branch RR. Co., $9,472 ;
reduction in value of Elmira and Lake Ontario RR. stock, $201,946.25— total, $254,973.83,
leaving net surplus, as per general balance sheet, $907,126.59.

Dividends were paid in 1891 as follows : June 13, 3 p. c. ; December 15, 4 p. c. — total,
7 p. c. For detailed statement of all dividends paid, see POOK'S HANDBOOK OF INVESTMENT
SECURITIES for 1893, or MANUAL for 1890.

Operations, etc., by divisions, for the year ending December 31, 1891 :

Main
' Line.

Green
Spring
Branch.

Summit
Branch
RR.

Shamokin

Division.

Elmira
Division.

Canandai-
gu«

Division.

Total.

Miles of Railroad
Passenger Train Miles

139
1,032.634
2,360,712
3,393,346
3,648,609
36.5i)9.i><i!>
9,598,736
510,900,7(34
4,049,836

855,889 03
3,308.303 48
126,976 44
182,211 42

9
43,393
4,446
47.839
75.526
391,196
14,967
97,955
2,907
$
7,281 37
3,594 91
290 71
13736

20
16,238
55,370
71,608
46.624
489.836
710.115
12,592.473
595,612

12,787 55
120,000 98
1,571 23
582 53

134,942 29
27.301 14
20,267' 87
5.510 45
17,09890
2,263 97

•-N 7'S
53.53S 211.548
149,337 822,331
2o2.<r:> 1.033.879
292,810: 253.958
2.238.503' 7,679J81
]. 81 17.303 2,585.234
41,100,181 165 3; 0.802
.1.250,202 1.590.073
' S $
45,81453, 177,66001
490,337 04 1 751,328 12
2,807 70 25,718 95
6336 1,02003

103
226,927
618,102
845,029
377,351
9.121.292
1.690,549
104,44'.l,203
990,762
S
168,389 47
509.1% S4
18,289 04
10,310 40

377
1.58}. 278
4.010,298
5,594,576
4,694,878
56,429,617
16,400,954
834,517.438

1,207,821 96
5,182.701 37
175,660 07
194,325 10

Freight Train Miles
Total Train Miles
Passengers Carried . .

Passenger Miles
Freisrht (tons) Moved
Freight (ton) Miles

Coal (tons) Moved

Earnings— Pass. & Mis. Pass...
Freight
Mail and Express. ..
Miscellaneous

Total Earnings
Expenses.— Transportation
Motive Power. .

4.473.380 37
1.190.94328
906,235 09
48:>.03<) 76
529,347 12
51,63li 04

11.310 35
3.908 04
9,843 85
2,171 87
4,880 71
358 32

539.022 63 955,727 11
89,059 60| 261,847 99
62.41752 248,02807
25.652 56 84,587 72
34.1 72 5S 136.85456
4.532 23 10,650 70

706,185 75
264,991 68
201,176 «7

69,412 59
159,284 21
7,746 52

6,820.568 50
1,838.051 73
1,447.968 67
672,374 95

881,63808

77,18838

Maintenance of Cars
Maintenance of Way
General Expenses..

Total Expenses

3.163.2(11 S'.i
1,310.17848
377,181 03

21,162 79
tt. 9,852 44

72.442 33

62,41)9 %

215.83449 741,96904
323,188 14 213,75807

702,611 27

3;574 48

4.917,221 81
1,903.346 69
3;;. 181 03

Net Earnings
Other Receipts

Available Revenue.

1,687,359 51

1,609.82282

d. 9,852 44

62,499 96
62,499 96

323,188 14
199,211 10

213.758 07
163,013 15

3,547 48
15.736 88

2,280,527 72
2, 110,283 91

Int., Rentals, Divid., etc
Balance, Surplus

17,536 69
32,18259
22,756 85
9,425 74
70.71 p. C.
2.222C.
1.965 c.
p. 0.237 c.
0.648C.
0.477 c.
p. 0.171 c.

d. 9,852 44
1,256 71
2,351 42
d. 1,094 71
187.11 p.c.
1.847C.
4.451 c.
J.2.604C.
3.67'Oc.
3.828C.
J.0.158C.

" 6,747 ii
3,622 11
3,12500
53. 69 p. c.
2.592C.
2.779C.
<?. 0.187 c.
0.953 c.
0.467 c.
p.O. 486 c.

123,977 04
19,250 81
7,708 37
11.54244
40. 04 p. c.
2.032C.
2.221 c.
/. 0.189c.
1.19BC.
0.404 c.
p. 0.789 c.

50,74492
12.252 1)1
9.512 42
2.740 49
77. 63 p. c.
2.283C.
1.718C.
p. 0.565 c.
0.454.C.
0.30i)c.
p. 0.085 c.

d. 12,189 40

6,856 17
6,821 46
3471
99. 49 p. c.
1.832c.
1 . 743 c.
p. 0.089 c.
0.488C.
0*520 c.
I. 0.032 c.

170.243 81

18,01)1 09
13.043 02
5.048 0?
72. 09 p. c.
2.100C.
1.943 c.
p. 0.217 c.
0.621c.
0.458c.
p. 0.163 c.

Gross Earnings per Mile
Expenses per Mile

Net Earnings per Mile
Expenses to Earnings
Earnings per Pass, per Mile
Cost per Pass, per Mile

Profit or Loss per Pass. p. Mile.
Earnings per Ton per Mile
Cost per Ton per Mile
Profit or Loss p. Ton p. Mile

Railway $13,185,315 91

Equipment 4,946,331 60

Real Estate 1,780,277 10

Mortgage and Ground Rents Receivable. 9,752 33

Cash Deposited in Banks 525,716 68

Due from Agents 590,436 99

Due from Connecting Roads, etc 333,121 00

Bonds and Stocks (Details below.) 4 052.561 50

Materials and Supplies 248.679 08

Depreciation Fund, Coal Lands, S. V. &

P. RR. Co... 277,81384

General Balance Sheet, December y, 1891.

$13,185,315

4,946,331

] ,780,277

9,752

Capital Stock ($50 shares) $7,518,15000

Mortgage to State of Maryland 1,500,000 00

Funded Debt 12.835,000 00

Mortgage and Ground Rents Payable. . . . 319,829 95

Dividends Payable January 15. 1892 300,722 00

Interest and Rentals Accrued 39:,

Pay Rolls and Vouchers 620,41533

Other Liabilities „ 1,1*8,175 27

Depreciation Fund. Coal Lands. S. V. &

P. RR. Co 877,1

Profit and Loss. . . <)!)7.126 59

Total Assets $25,950,006 03 i Total Liabilities $25.950,006 03

Statement of Insurance Fund, year 1891. — Receipts : Balance from 1890, $426.56 ;• con-
tributions to fund charged to operating expenses, $35,769.70 ; interest from investments,
$23,652.10 ; contributions to fund charged to construction expenses. $344 — total, $60.192.36.
Disbursements: Premiums, $17,480.69 ; losses from fire, $4,133.36; sundry expenses, $41.60;
securities purchased, $15,000 ; cash balance, $23,536.71— total, $60.192.36.

POOR'S MANUAL — NORTHERN CENTRAL RY. CO.

829

Statement of operations, capital account, etc. (all Hues), for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

145.41
372.83
363.04

Miles of Railroad Owned. .
Miles of Railroad Operated
Miles of Track Owned
Miles of Steel Rail Owned.
Locomotive Engines
Passenger Oar:?

145.41
323.00
336.38
•3*2.70
152
C>9
42
5.249
1.028.903
2.794.486
3.912.964
3,131,747
39.009,76o
10.774,129
506,975,576
5,679.552

961.201
4.181.442
379.234

145.41
323.00
329.68
283.71
152
72
42
&K
1,002.192
2,118.571
3.120.763
3,197.202
37.324,977
12.091,022
595.085163
6.426.349
&
898,752
4.192,105
400,066

145.41
379.96
325.58
307.92
152
72
42
5.267
1.045.213
•2.172.K22
3,217,*35
3,407,278
38.439.352
12.173.6(>3
902,415,245
6,024.312
$
917.187
4.147.088
410,342

145.41
380.00
360.45
307.92

157
72
42
5,522

1,145,431
3.417.696
4.563,127

3.7:34.195

44.42i ujoti

11,869,561

705.241 815
4.853,734

1.057,371
4.700,274
455,281

155.03
382.45
367.19

155.03
868.40

155.03
382.45
380.06

159 159
75 77
42 42

5,658, 5,777
1,166,657, 1.317.289
3.475,805 3.552.589
4,642.462 4.869,878
3.957,154 4.227.120
47,640,515 5o.
14.014.275 14,104.182
709350,892715.771.293
5,202,890' 4.646.815
S S
1,104.802 1.142.808
4.534.NOO 4.499,304
5<;3.792 427.845

159
81
44
5,787
1.488.027
4.108.887
5,596,914
4.617i976
53, 123,788
16,078,663
S4n.267.263
5,231,328
$
1.218,318
4.980,622
4! 19.857

173
91
44
7,045
1,584,278
4.010,298
5,594,576
4.694.S78
56,429.617
16.406,954
834.517-438
8.485.P92

1.267.822
5.182.7M
369,985

Baggage, Mail, etc., Cars . .
Freight Cars

Passenger Train Miles
FreighF Train Miles

Total Engine Miles
Passengers Carried
_'T Miles
Freight (tons) Moved
Freight (ton) Miles
Coal (inc. in Freight) Tons

Passenger Earnings

Freight Earnings

Miscellaneous

Grose Traffic Earnings
Transportation Expenses..

Net Traffic Earnings
Other Receipts

Available Revenue
Lease Rentals

5,251,877
3,468,393

5,490.923

3,2.55.614

5.474.617i 6.212.926

3.542.608 4,139T441

6.203,394 K.069,957 6.608,797
4,093,573 4.125,600! 4,921,759

6.820.568
4,917.222

2.053,484
263,830

2.235,309 1.931.949
254.0711 277.348

2,073.485
251.124

2,109,821
307,638

1.944.357 1,687,038
503.371 522.951

1,903,347

377.181

2,317,314

397,667
56,143
935.014

n,m

32.1536
(8) 520,000

2,489,380
897,667

44.537
931.272
21.826
81,884
(8) 520,000

2.209.297
403,916
40,528
903,041
19,217
28,110
(8) 520,000

2.324.609
415".479
47,765
902,910
19,217
26.555
(8) 545,946

2,417,449
419.574
57,703
926,506
43.239
29.685
(8) 571,966

2.447.728
413.848
51,022
931,481
17.421
28.118
(8) 571.974
24S/>.iO
185,574

16,100 68
10.943 23
5.157 45
67. 97 p. c.
Cts.
2.200
1.8R4
P. 0.366
0.629
0.448
P. 0.181

S

7,150,000
14,476,000
365,596
381.870
548.625
910.456
357.485
698.529
248.324

2,209,989
421.887
54.348
924.039
19.912
25^571
(7) 526,260
180,509
57,463

17.529 97
13,055 06
4.474 91
74.46 p. c.

Ct8.

2.208
2.024
P. 0.184
0.593
0.45S
P. 0.135
S
7,518,150
14,459.000
319.830
403.796
512.520
780,637
300,720
716,982
262.323

2,280,528
411,845
29,624
916,905
20.248
26.044
(7) 526.263
179.354
170.244

18.091 69
13.043 02
5.048 67
72. 09 p. c.
Cts.
2.160
1.943
P. 0.217
O.C21
0.458
P. 0.163
$
7,518.150
14.335.000
319.830
393.388
620.415
1,188.175

997.127
271 .ly.i

Interest on Equipment
Int.. Premium & Discount.
State Tax on Stock, etc
Rents. Int. on Mort., etc...
Dividends on Capital Stock
Advances. Guaranty, etc...
Balance, Surplus

354,028

17.095 59
10.738 Of)
6.357 53
62.81 p. c.
Cts.
2.391
2.003
P. 0.388
0.825
0.530
P. 0.295
S
6.500,000
15,253.000
433,821
422.15C,
397,668
185.387
260.000
1,195.210
186,479

542.214

16.999 76
10.079 06
6.920 30
59.29 p. c.
Cts.
2.329
2.081
P. 0.248
0.704
0.417
P. 0.287

6.500,000
14.901.000
440.354
388.861
376,803
191.964
260.000
989.268
197,399

294,485

16.949 28
1»,968 01
5,981 27
64.71 p. c.
Cts.
2.302
2.189
P. 0.113
0.688
0.448
P. 0.240

6,500,000
14,801,000
433,721
386,001
395,017
175.761
260,000
994,761
209.368

366,737 368,776

16.479 91 16.454 63
10.971 99 10.858 29
5,597 92 5,596 34
66.61 p. c. 65.99 p. c.
Cts. Cts.
2.296 2.235
1.930 1.793
P. 0.366 P. 0.442
0.666 0.639
0.465 0.457
P. 0.201 |P. 0.182

8 S
7,150,000 7,150.000
14.697.000 14,588.000
432.262 432.262
388.225 385,095
586,195 542,516
48,1,196 631,871
285,946 357,480
877,638 944,137
221.338 234.323

Gross Earnings per Mile...
Gross Expenses per Mile. .
Net Earnings per Mile
Expen:-es to Earnings

Earnings p. Pass. p. Mile..
Expenses p. Pas.s. p. Mile.
Profit and Loss
Earnings p. Ton p. Mile. . .
Expenses p. Ton p. Mile . .
Profit per Ton per Mile

Capital Stock

Funded Debt
Grd. Rents and Mortgages.
Int. and Rentals Accrued. .
Pav- Rolls for Dec., etc.
Other Liabilities .'
Dividends Payable
Profit and Loss

Depreciation Fund
Total Liabilities

24.833.671
12,180.505
4.196.107
1.684.252
3.048.6*1
1,521,125
9,752
154,980
340,459
447.462
(599,556
550 792

24.245.649 24.155.b29 25.119.800
12.180.505 12.180.505 12,383.272
4.19(5.107! 4.196,107 4,196.107
1.688.806 1.590.076 1.1562,045
2.500.000 .
1.735,776 4..V.»ii.S2i> 4.762,016
9.752 9,752 9,752
191.542 210.293 210.293
289.123 197.860 198,869
508.27(5 642.044 1,131,950
945, MJ2 531.572 565,496

25,265,684
12,537,204

4:212.140

1.687.721

25,136,885
12.578.935
4.388,565
1.719,410

25.273.958
12,749.934
4.421,977
1,796,289

25,950,006
13.185,316
4,946.332
1.780,277

Railway
Equipment

R-al Estate
Stock of Leased Lines
Stocks and Bonds
Grd. Rents and Mortgages.
Depreciation Fund
Materials and Supplies
Current Accounts

4,705,581 4,524.2(54
9,752 9.752
247.422 247.422
344,719 335.238
710,706 819.771
820.439 513,528

4.364.842 4.052,562
9.752 9,752
247,422 277.814
370,989 248,679
575.712 923.557
807,041; 525.717

Cash on Hand and in Bank
Sinkiii" Fund

Total Assets ... .

24.833,671

24,245.64»

24,155.629 25.119.800 25,265,684 25.136,885

15,273,958

25.950,006

Annual meeting of Northern Central Railway Company held on fourth Thursday in Feb-
ruary. Books close for annual meeting about ten days previously. Dividends paid on or
about the loth days of January and July, to stockholders of record on the last days of pre-
ceding months. Entire issues of stock and bonds listed on Stock Exchange in Baltimore and
Philadelphia ; Series A and B (£ or |) bonds listed on London Stock Exchange.

830

POOR S MANUAL — NORTHERN CENTRAL RY. CO.

Statement of funded debt in detail, December 31, 1891 :

Classes. of Bonds.

Date.

Interest.

Due.

Amount.

Annual
Charge.

Mortgage Coupon Bonds

Dec. 4, 1865
July 1, 1868
July 1, 1868

June 1,'74&'75
July 1, 1877
July 1, 1876
April 1, 1885

Jan. 1, 1876
Jan. 1, 1882

6 p.c. A. & O.
6p.c. J. & J.
6 p.c. A. & O.

6 p.c. J. & J.
6 p.c. J. & J.
6 p.c. J. & J.
4£p.c.A.&O.

Sp.c.J. & J.
5 p.c. J. & J.

Apr. 1, 1900
July 1, 1900
July 1, 1900

July 1, 1904
July 1, 1904
July 1, 1904
Apr. 1, 1925

Jan. 1, 1926
Jan. 1, 1926

1,126,000
2,599,000
205,000

1,937,000
1,000,000
1,000,000
1,320,000

2,648,000
1,000,000

67,560
155,940
12,300

116,220
60,000
60,000
59,400

132,400
50,000

Mortgage (gold) Coupon Bonds
Mortgage (gold) Registered Bonds

Consol. General Mortgage (gold) Bonds :
Series A & B stg. or $ Sinking Fund Bonds. .
Series C Dollar Bonds
$1 000 000 Loan % Bonds (Series D)

Series E Dollar Bonds

2d General Mortgage Bonds :
Series A, Coupon

Series B Coupon

Interest on all the dollar bonds is payable at the office of the treasurer in Baltimore.
Sterling interest is payable in London at option of holder. The consolidated general mort-
gage (gold) is for $10,000,000, and covers all previous issues of bonds and mortgage debts
except the annuity of $90,000. The sterling bonds are provided with a sinking fund, in the
form of annual drawings of outstanding bonds. Interest free of State and National taxes.

Statement of bonds and stocks owned, December 31, 1891.

No.

Rate
of Par.

Par Value.

No.

Rate
of Par.

Par Value.

137
127

Shares.
12,457
15,000
33,333
12,388

Bonds.
Alleg'y Vy. RR.Co.,Fund.
Debt Mtge., 7 per cent. .
Sodns Bay & So. RR. Co.,
let Mtge., 5 per cent

$
1,000
1,000

$
137,000 00
127,000 00

12,000
389

Stocks.— Contitmed.
Union RR. Co
Penn. Eqpt. Trust, 4 p. c.

Total Stocks .

foe

1,000

1,200,000 00
389,000 00

4,531,248 00

264,00000

622,850 00
1,500,00000
199,998 00

619,400 00

Stocks.
Bait. & Potomac RR. Co.
Elmira & Lk. Ont. RR. Co.
Mineral RR. & Mining Co.
Shamokin Vy. & Pottsv.
RR Co

50
100
Instlmts.

50

Par Val
Par Val

TotJ
Valuatic

Summary.
lie of Bonds

$264,000 00
4,531,248 00

lie of Stocks

il

.. . 1

4,795,248 00

>n as Charged on Books

•

4,052,561 50

RAILROADS LEASED OR OWNED BY THE NORTHERN CENTRAL RAILWAY COMPANY.

ELMIRA AND LAKE ONTARIO RAILROAD.-Chemung Junction (N. Y., L. E. & W. RR.)

to Canandaigua, 64 miles ; Sodus Bay Bianch : Stanley to Sodus Point, N. YM 34.18 m. Canandaigua Lake
Branch : 1.43 m.— total, 99.61 miles. 2d track, 1.13 ; sidings, 36.66 miles. Rail (steel, 113.47 m.), 60 and 70 IDS.
(For full history of this company see MANUAL for 1889, page 226.) Rental year ending December 31, 1891 (net
earnings), $3,574.48 ; other receipts, $300— total income, $3,874.48. Expenses and taxes, $16,894.87 ; interest on
bonds, $35,000— total, $41,894.87. Balance, deficit, $38,020.39, which was paid by the Northern Central Ry. Co.
financial Statement, December 31, 1891.— Capital stock, $1,500,000 ; funded debt, 40-year 5 per cent. 1st mort-
gage Sodus Bay and Southern RR. Co. bonds, due July 1, 1924, interest January 1 and July 1, $500,000 ; interest
accrued, $12,500— total, $2,012,500. Contra: Cost of road, $2,000,000 ; current accounts, $12,500— total, $2,012,-
500. Interest on bonds payable at the National Bank of Commerce, New York, N. Y. GEO. B. ROBERTS, Presi-
dent ; S. W. White, Secretary, Philadelphia, Pa.; John S. Leib, Treasurer, Baltimore, Md. CORPORATE OFFICE,
160 Broadway, New York, N. Y.

ELMIRA AND WILLIAMSPORT RAILROAD.— Williamsport, Pa., to Elmira, N. Y., 75.50 ;
total track (steel, 75.5), 107.33 miles. Chartered as Williamsport and Elmira RR. Co., June 9, 1832 ; opened Sep-
tember 9, 1854. Reorganized after foreclosure and sale, under existing title, February 29, 1800. Leased to N. C.
Ry. Co. for 999 years from May 1, 1863. Rental for year ending December 31, 1891, $151,500 ; other receipts, $14,-
617.04— total available revenue, $166,117.04. Payments : Interest on bonds, $88,500 ; dividends, $57,000 ; taxes,
$17,338.50 ; organization expenses, $3,269.28 ; sundries, $9.26— total, $166,117.04. Payments : Dividends (on com-
mon stock, May and November, each 2J- per cent.; on preferred stock, January and July, each 3$ per cent.), $57,-
000 ; interest, $88,500. First dividend on preferred stock, 24 per cent., was paid January 1, 18(54 : on July 1, IHtil,
and semi-annually since, dividends of 3£ per cent, each have been paid, making 5(5 dividends in all. On common
stock 56 regular semi-annual dividends of 2£ per cent, each have been paid from May 1, 1864, to November 1, 1891,
both inclusive. Capital stock (par, $50), common, $500,000; preferred, $500,000 ; funded debt, 1st mortgage 6
per cent. 50-year bonds, due Jan. 1, 1910, interest January and July, $1,000,000 ; income 5 per cent, bonds, dated
May 1, 1863. due Octooer 1, 2862, interest April and October, $570,000 ; other liabilities, $95 ; profit and loss, $4,-
480.73— total, $2,574.575.73. Contra: Cost of road, $2,218,000 ; equipment, $352,000; sundries, $3,820.82; cash,
$754.91— total, $2,574,575.73. Stock and bonds listed on Philadelphia Stock Exchange. Annual meeting, first
Monday in May ; books close for annual meeting ten days prior thereto ; books close for dividends ten days prior
to payment of same. THOMAS NEILSON, President ; Lewis P. Geijrer, Ti-easurer. CORPORATE OFFICE, 308 Wal-
nut St., Philadelphia. Transfer Office, 409 Chestnut St., Philadelphia, Pa.

POOR'S MANUAL OF RAILROADS. 831

SHAMOKIN VALLEY AND POTTSVILLE RAILROAD. -Sunbury to Mount Cannel, 27.30,

and branch to Lancaster colliery, -J.4H— total. 2'.».T8 mile*. Sidings. 41.75 miles. Kail (steel, 40.90 miles), 60 Ibs.
Originally the Danville and Pottsville RR. Co., chartered in 1*26. The Philadelphia and Sunbury RR. Co., char-
tered in 1851, succeeded that company and reconstructed the road, which ha.; been abandoned for several years,
and it was opened to Sunbury in 1857. In 1858 the property was transferred (by foreclosure of 2d mtge., the bond-
holders becoming stockholders in the new company) to the existing company, and February 27, 1863, leased for
99!) years to the N. ('. Ky. Co., which pay- interest on bonds. $140,000, and 6 per cent, on stock, §52,167. Rental,
year endin^ December 31 1891, $;20-~>, 742.25 ; other receipts. $153— total income. $205,895.25. Expenses and taxes,
$18,575.25— net income, $192,320. Paid interest on bonds, $140,000 ; dividends (t> per cent.), $52,167— total, $192,-
167. Balance, surplus. $153. Dividends, February and August, 3 per cent, each, at office of treasurer. Capital
stock (par. $50), $809,450 ; funded debt 1st mortgage 7 per cent. 30-year bonds, due July 1. 1901, interest January
and July, $2,000,000; interest unpaid (due Jan. 1, 1892), $74.305 ; profit and loss, $9,379.72— total, $2,953,134.72.
Cost of road, $1,208,050; of coal lands, $1,668,100 : other investments. S2.712.29 ; cash, $74,272.43— total, $2,953,-
K54. 72. GEO. B. ROBBRTS, President; Taber Ashton, Treasurer; Stephen \V. White, Secretary. CORPORATE
OrricE, Philadelphia, Pa.

Board of Directors, Northern Central Ry. Co., elected February 25, 1892.

A. J. Cassatt Philadelphia, Pa. J. N. Hutchinson. .Philadelphia, Pa. : E. B. Parsons Philadelphia. Pa.

J. N. Du Barry " j Henry James Baltimore, Md. Luther S. Bent Baltimore, Md.

L. W. Hall Harrisburg. Pa. Henry D. Welch.. .Philadelphia, Pa

John P. Green Philadelphia, Pa. B. F. Newcomer Baltimore, Md.

J. D. Cameron Harrisburg, Pa.

H. Walters Baltimore, Md.

GEORGE B. ROBERTS, President Philadelphia, Pa.

Frank Thomson, Vice- President Philadelphia, Pa.

Secretary— Stephen W. White Philadelphia, Pa. | Treasurer— John S. Leib Baltimore, Md.

PRINCIPAL OFFICE AND ADDRESS Calvert Station, Baltimore, Md.

Transfer Agency No. 233 South Fourth Street, Philadelphia, Pa.

OHIO AND BIG SANDY RAILROAD COMPANY.

Line of Road. — Ashland, Ky., to Richardson, Ky 50 miles.

Sidings, 7 miles. Gauge, 4 ft. 8i in. Rail (steel), 50, 56, and 62 Ibs.

History. — The Chattaroi Ry. Co. was chartered March 11, 1873 ; charter am ended March
23, 1878. Road opened throughout, May 1, 1883. Receiver appointed July 1, 1885 ; sold
under foreclosure in 1887, and reorganized in August, 1889, under the above name. A loop
line from Louisa to Richardson, 15.6 miles, was put in operation in March, 1892. In February,
1892, the Chesapeake and Ohio Ry. Co. purchased all but 270 shares of the stock.

Rolling Stock. — Not reported.

Operations for year ending June 30, 1891. — Gross earnings, $154,376. Operating ex-
penses, $113,950. Net earnings, $40,426.

Financial Statement, June 30, 1891.— Capital stock, $1,050,800. No bonds. Authorized
capital stock, $2,000,000.

Directors (elected February, 1892).— M. E. Ingalls, W. P. Anderson, N. R. Johnson,
R. C. Robner, W. H. Jackson, H. E. Simms, F. B. Enslow.

M. E. INGALLS, President Cincinnati, O.

Secretary— J. C. Davie Cincinnati, O. [ Treasurer— -T '. O. Barbour Richmond, Va.

PRINCIPAL OFFICE AND ADDRESS Ashland, Ky.

OREGON AND WASHINGTON TERRITORY RAILROAD COMPANY.

Main Line of Road.— Pendleton, Ore., to Dayton, Wash 127 miles.

Eureka Flat Branch : Eureka Junction to Pleasant View 20

Athena Branch : Athena to Killian Junction 12 — 34 miles.

Total length of all lines operated, January 1, 1892 161 miles.

History.— Chartered ; road completed as above in 1889. In March, 1891, C. B.

Wright, Philadelphia, Pa., purchased most of the stocks and bonds of this company. In
January, 1892, W. D. Tyler was appointed receiver.

Rolling Stock, Operations, etc.— All information refused.

Financial Statement.— Capital stock, $10,000,000. It is reported that there are out-
standing $1,142,000 1st mortgage bonds on 56 milesof completed road, of which the Farmers'
Loan and Trust Co. of New York is trustee.

832

POOK'S MANUAL OF RAILROADS.

Directors.— G. W. Hunt, Charles Herman, WalJa Walla, Wash. ; C. B. Wright, C. B.
Wright, Jr., Philadelphia, Pa. ; K. Alexander, J. L. Killian, Charles Herman, Pendleton,
Ore.

W. D. TYLER, Receiver Walla Walla, Wash.

G. W. HUNT, President Walla Walla, Wash.

Vice-Pres. & Gen. Man.—C. B. Wright, Jr Phila., Pa. | Treasurer— C. Herman Walla Walla. Wash.

Secretary— Charles H. Carter Pendleton, Ore.

PRINCIPAL OFFICE AND ADDRESS Walla Walla, Wash.

OWENSBORO' FALLS OF ROUGH AND GREEN RIVER RAILROAD CO.

Line of Road. — Owensboro', Ky., to Fordsville, Ky 26 miles.

Gauge, 4 ft. 8£ in. Rail, 56 Ibs.

History.— Chartered April 24, 1882; charter amended March 7, 188S ; May 13, 1890 ; and
May 23, 1890. Road opened October 1, 1889. Work in progress on a branch about 18 miles
from Fordeville to a junction with the N. N. & M. V. Ry., to be completed December 1, 1892.

Rolling1 Stock. — Locomotive engines, 2. Cars — passenger, 2 ; freight (box, 10 ; stock,
1 ; platform, 1; coal, 19), 31 — total cars, 33. The platform car is leased.

Operations for year ending June 30, 1891. — Gross earnings, $35,631. Operating expense^,
$25,304. Net earnings, $10,327.

Financial Statement.— Capital stock, $400,000 ; bonds, $560,000— total stock andbond^,
$960,000.

Directors (elected in November, 1891).— S. M. Dean, J. W. M. Fields, W. B. Mann, M.
V. Monarch, Owensboro', Ky. ; S. D. Turner, Belleville, 111.; W. K. Murphy, W. S. Wilson,
Pinckneyville, 111. ; J. S. King, Metropolis, 111.

M. V. MONARCH, President Owensboro', Ky.

Vice-Pres. tfe Gen. Matt,.— XL. B. Mann. .Owensboro', Ky. | Auditor— G. M. Griesmer Owensboro', Ky.

PRINCIPAL OFFICE AND ADDRESS Owensboro', Ky.

PACIFIC COAST RAILWAY COMPANY.

Line of Road.— Port Harford, Cal., to Los Olivos, Cal 76.1 miles.

Sidings, etc., 4.4 miles. Gauge, 3 ft. Rail (steel, 68.8 miles), 40 Ibs.; iron, 45 Ibs.

History. — Consolidation September 22, 1882, of the San Luis Obispo and Santa Maria
Valley RR. Co. and the Pacific Coast Railway Co. (See MANUAL for 1888, page 919.) Con-
trolled by the Oregon Improvement Co. (See GENERAL INDEX.)

Rolling Stock, November 30, 1891. — Locomotive engines, 5. Cars — passenger, 7 ; bacr-
bage, mail, and express, 2; freight (box, 23; platform, 185; stock, 12), 220; caboose, 2;
other cars, 16 — total cars, 247.

Operations for year ending November 30, 1891. — Train mileage — passenger, 40,217 ;
freight, 39,028 ; other, 25,100— total, 104,345 miles. Passengers carried, 41,260; carried one
mile, 872,049; average mile rate, 4 cents. Tons freight moved, 68,866; moved one mile
1,980,510 ; average ton-mile rate, 6.18 cents.

Earnings.— Passenger $34,873 14

Freight 121,003 85

Mail and Express 5,046 60

Miscellaneous 33,110 91

Total ($2,549.73 per mile) $194,034 50

Expenses.— Transportation $41,905 91

Maintenance of Equipment 11,933 88

Maintenance Way and Buildings 27,695 67
General.. .... 13,14541

Total ($1,244.16 per mile) $94,680 87

Net earnings (51.20 per cent.), $99,353.63. Paid taxes, $6,011.67. Surplus, $93,341.96.
Wharf earnings, and expenses are included above.

Funded debt consists of 1st mortgage 6 per cent. $1,000 bonds, due September 1, 1922,
interest payable March and September.

Construction and Equipment

Materials and Fuel on Hand 44.043 '-.'I

Accounts Receivable... 17,04200

POOR'S MANUAL OF RAILROADS. 833

General Balance Sheet, November 30, 1891.

Capital Stock (par, $100) $1,370,400 00

Funded Debt Outstanding 1, 370,000 00

Accrued Interest on Bonds ' 20,550 00

Accounts Payable 22,429 35

Oregon Improvement Co 168,361 11

Profit and Loss 8,'

Total Assets $3,034.513 ™ Total Liabilities §3.1134.513 22

Directors (elected November 20, 1891).— Geo. C. Perkins, John L. Howard, S. G.
Murphy. S. V. Smith, William Norris, Thomas R. Hayes, San Francisco, Cal. ; Elijah Smith,
J. J. Higginson. New York, N. Y. ; J. N. Dennison, Boston, Mass.

GEO. C. PERKINS, President San Francisco, Cal.

• John L. Howard, Vice- President San Francisco, Cal.

-//;•//— Edwin Goodall ..Sau Francisco, Cal. I Manager— S. M. Fillmore San Luis Obispo. Cal.

».— Oregon Improvement Co. . .San Francisco, Cal. | Accountant— f. C. Cherry San Luis Obispo, Cal.

PRINCIPAL, OFFICE AND ADDRESS San Francisco, Cal.

Transfer Offices Seattle, W^ash., and San Francisco, Cal.

PENNSYLVANIA RAILROAD COMPANY.

(For map of thi* system, see page 835.)

Lines of Road Owned :

Filbert Street Ext.: W. Philadelphia to Broad St. Station, Philadelphia, Pa. . 1.00 mile.

Philadelphia, and Columbia RR.: W. Philadelphia to Columbia, Pa 80.15 miles.

Laiic-ister Cut-off: Big Conestoga to Dillerville Junction, Pa 2.42 miles.

Pennsylvania RR.: Harrisburg, Pa., to Pittsburgh, Pa.* 249.29 miles.

Delaware Extension : W. Philadelphia to Dock St. Depot, Philadelphia, Pa . . 7.84 miles.

Girard Point Branches : Hamburg Jet. to Girard Pt. and Pt. Breeze 2.06 miles.

• ton Street Branch : Greenwich Point to Old Navy Yard, Philadelphia . . 1.22 miles.

*'hnylkill River Branch : Haverford St. to Arsenal Bridge, W. Phila., Pa. . . 1.70 miles.

Fifty-second Street Branch : 52d St. to Monticello St.. W. Philadelphia 0.14 mile.

Fra.zcr Brancli : Frazer to June, with West Chester RR.. Woodland, Pa 1.80 miles.

\Trenton Cut-off: Glenloch, Pa., to Morrisville, Pa 44.96 miles.

Columbia Bridge : Over Susquehanna River from Columbia to Wrightsv. , Pa. 1.11 miles.

York Branch : Wrightsville, Pa., to York. Pa 11.77 miles.

Tyrone Branch : Tyrone to June. Bald Eagle Valley RR.. Vail Station, Pa. ... 3.15 miles.

Hollidaysburg Branch : Altoona to Hollidaysburg and Portage Iron Works . . 9.60 miles.

Morriston's Cove Branch : Hollidaysburg to Henrietta, Pa 18.90 miles.

Martinsburg Branch : Martinsburg Junction to Martinsburg, Pa 0.70 mile.

Bloomjield Branch : Roaring Spring to Orehill, Pa 3.00 miles.

WUliamsburg Branch : Williauisburfr Junction to near Carlin, Pa . . 17.90 miles.

Springfield Branch : Springfield Junction to Ore Mines, Pa 8.20 miles.

Lilly Branch : Lilly Station, Pa. , to Coal Mines 0.76 mile.

Ben's Creek Branch ; Ben's Creek Station, Pa., to Coal Mines 1.61 miles.

Martin's Branch : Main Line near Portage to Coal Tipple 3.14 miles.

Indiana Branch : Blairsville Intersection to Indiana, Pa 18.91 miles.

Alexandria Branch : George Station to Crabtree, Pa 4.55 miles.

Port Perry Branch ; Perm. RR. near Brinton's to Thomson, Pa 1.37 miles.

Wilmore Branch : Ben's Creek to Summerhill, Pa 0.67 mile.

Summerhill Branch : Summerhill to South Fork. Pa 2.03 miles.

Manor Branch : Manor to Claridge, Pa 4.30 miles.

Bull Run Branch : Jeannette to Terminus, Pa 0.67 mile.

Brush Creek Branch : Jeannette, Pa., to Terminus, Pa 0.54 mile.

Turtle Creek Branch : Brinton Station to near Wilmerding Station, Pa 2.02 miles.

Total length of main line and branches owned by Pennsylvania RR. Co-» "~

December 31, 1891 ". ! 507.48 miles.

Lines leased and operated, Pennsylvania RR. Division 1,017.76 miles.

Lines leased and operated, United RRs. of New Jersey Division 448.12 miles.

Lines leased and operated, Philadelphia and Erie RR. Division 546.66 miles.

Total, all lines owned, leased, and operated by Pennsylvania RR. Co 2,520.02 miles.

* Rockville Branch operated by Northern Central Rv. Co.

+ The portion from Earnest to Morrisville, 31.4 miles" ouly was in operation on December 31, 1891 ; the remain-
der was^opened on January 11, 1892.

53

834

POOR'S MANUAL— PENNSYLVANIA RR. CO.

Second track on lines owned, 350.76 miles ; third and fourth tracks owned, -257.40 miles
sidings owned, 521.52 miles — total length of all track on main line and branches owned by
Pennsylvania RR. Co., December 31, 1891, 1,037.26 miles. Gauge, 4 ft. 9 in. Karl, 56, 60,
67, 70, 75, and 85 Ibs., P. RR. standard pattern.

In addition to its railroads, the Pennsylvania RR. Co. operates, in connection with its
United New Jersey Division, Jersey City ferries, 1 mile, and the Delaware and Kaiitan Canal,
44 miles, and feeder, 22. miles ; and operates, jointly with the Central RR. Co. of New Jersey,
the New York and Lon<r Branch RR. , 38.04 miles. The Rockville Branch, Rockville, Pa.,
to Dauphin, Pa., 2.83 miles, is owned by this company, but operated by the Northern Central
RR. The mileage of that branch is not included in this statement. The Pennsylvania RR.
Co. owns and controls, but operates under a separate corporate management, the Pennsylvania
Canal, extending from Columbia to Nanticoke, with branches from Northumberland to Loyal-
sock Creek, with crosscut to Lewisburg ; and from mouth of Juninta River to Newton Ham-
ilton, Pa., a total length of 253 miles.

History. — The original line of the Pennsylvania RR. Co., chartered April 13, 1846,
extended from Harrisburg to Pittsburgh, a distance of 249.29 miles. The work of construction
was begun at Harrisburg in July, 1847. The division from that point to a junction with the
Portage Railroad (then a State work), at Ho'lidaysburg, at the eastern base of the mountains,
was opened September 15, 1850. The Western Division, from the Western end of the Port-
age Railroad at Johnstown to Pittsburgh, was opened September 10, 185/2. The Mountain
Division, and with it the whole line, was opened February 15, 1854. From Harrisburg to
Philadalphia the line is made up of the old Philadelphia and Columbia RR. (originally a State
work) and the Harrisburg, Portsmouth, Mount Joy and Lancaster RR., chartered in 1832,
opened in 1838, and leased in 1849. The Philadelphia and Columbia RR. was purchased in
1857, with the main line of a system of public works of the State. This system was under-
taken in 1826, and contemplated the construction of canals along the lines of all leading water-
courses. The Philadelphia and Columbia RR. was built to connect the Susquehanna system
of canals with Philadelphia, as well as to form part of a line, made up of canal and railroad,
between Philadelphia and Pittsburgh. When the system was undertaken, a canal from the
waters of the Susquehanna to those of the Allegheny was supposed, erroneously, to be prac-
ticable. The Portage Railroad across the summit, of 41 miles, was worked by a series of
inclined planes, and was abandoned upon the completion of the Pennsylvania RR. For the
work purchased of the State between Philadelphia and Pittsburgh, this company paid $7,500,-
000 in its 5 per cent, bonds, payable at the rate of $460,000 annually, the balance, after
payment of interest, going to the i eduction of the principal.

The following is a recapitulation of all the miles of lines and tracks either owned,
leased, operated, or controlled by this company east of the cities of Pitt>burgh and Erie,
December 31, 1891 :

All Lines.

First
Track.

Second
Track.

Third
Track.

Fourth
Track.

Co.'s

Sidings-

Private
Sidings

Total
Track.

United Railroads of New Jersey Division
New York and Long Branch RR

.V.
448.12
38.04
1,525.24
546.66
382.45
3.56
648.35
111.46

M.

138.93
38.04
475.99
74.79

121.59
3.56
169.81

M.
85.91

If.

S4.ll

M.

370.22
18.24
843.05
264.08
202.12
1.98
205.82
14.53
47.21
21.83
52 39

M.

28.16
3.08
226.17
45.37
19.99
5.04
35.44
0.76
7.43
3.95

M,

1,155.45
97.40
3,359.93
930.90
726.15
14.58
1,066.00
126.75
310.89
127.22
223.50
408.13

Pennsylvania RR. Division
Philadelphia and Erie RR. Division
Northern Central Ry Line*

202.77

86.71

0.44
6.12

Philadelphia, Wilmington and Baltimore RR., etc...
New York Philadelphia and Norfolk RR

0.46

West Jersey RR. Lines

226.23

80.49
163.45
259.40

.
30.02
20.95
7.66
11.43

Camden and Atlantic RR. Lines
Cumberland Valley RR. Lines

Allegheny Valley RR ... ....

!»S. 86

38.44

Totals

4,433. 45il,092. 77

295.24

171.282,140.33

413.83

8,54

An aggregate of 4,433.45 miles of railroad and 8,546.90 iniles of track — being an increase
of 86.85 miles of railioad and 258.76 miles of track during the year 1891.

836

POOR'S MANUAL — PENNSYLVANIA BR. CO.

Statement showing the length, December 31, 1891, of railroads and tracks in the several
operating divisions into which the Pennsylvania RE. Co.'s system is subdivided :

DIVISIONS.

First
Track.

• Second
Track.

Total
Track.

1 ) I V I S I ( ) N S .

First
Track.

Second

Track.

United RRs. ofN. J. Div.

NEW YORK DIVISION.
Ne \v Jersey RR
Harsimus Branch
New York Bay RR
Passaic Branch
West Newark Branch. . .
Centre Street Branch
Perth Amboy & Wood. RR.
Bonharnpton Branch
Millstone & N. Bruns. RR.
United RRs

a.

33.52
1.55
2.20
3.64
1.39
1 36
6.40
1.89
6 64
23.02
4.10

IF.

33.52

1.45

"i.03
0.97
4.67

'"as! 62

^f.

217.70
25.95
2.82
5.06
2.51
4.96
15.29
2.53
7.58
107.13
4.19
3.06
4.36
0.38
113.75
5.82
6.67
10.59
0.51
45.34
17.65

ScnrYi.Kii.L DIVISION.
Penu. Schuylkill Valley RR. .
Pencoyd Branch

M.
90.50

1 28

**.

37.59

Phoenixville Branch
Front Street Branch .

10.05
0.98

1.34

Total Schuylkill Division

FREDERICK DIVISION.
Columbia Bridge P RR

1.11

To! 55

31 . 58
6.64

York Branch P. RR

11.77

Hanover & York RR

18.35
9.30

Littlestown RR

Frederick £ Penn. Line RR. .
Columbia £ P't Deposit Ry.
P'tT)ep'tBr.P.,W. £B. RR.
Total Frederick Division.
MIDDLE DIVISION.
Harrisb., Port,,Mt.J.£ L. RR.

28.00

:J,.7'0

Kingston Branch
Rocky Hill RR.

Princeton Branch
Trenton Delaware Bridge
Philadelphia & Trenton RR . .
Bustleton RR
Kensington & Tacony RR. .
River Front RR
Canal Street Branch
Connecting Ry
Phila., Ger. & Chest. H. RR.

Total New York Div

AMBOY DIVISION.
Camden and Amboy RR
Jamesburg Branch
Freehold&Jamesb'gAg.RR.
Bord^ntown Branch

3.13
0.19
23.06
4.16
2.97
2.77
0.24
6.75
6.75

" '(U9
23.66

112.00 ....

140.19

8.99

130.02
4.14

0.99
130.02

11.26

11.03
0.65
1.73

0.78
s.73

6.14

Tipton RR

Cambria £ Clearfield RR. . .
St. Lu Branch
Kind's Run Branch

9.45
0.43
1.52

b.'si

7.78
2.13
1 ,43

','.'.'. '.'.'.

Brubaker Branch
Hastings Branch
dish. Creek Ex. C. & C. RR.
McCoy's Run Branch
Glen Campbell Branch. . .
Total Middle Division....

LEWISTOWN DIVISION.
Sunbury £ Lewistown Ry-
Lewistown £ Tuecarora Br.
Mifllin £ Centre Co. RR. . .
Total Lewistown Div

141.61

61.15
5.59

27.54
6.10
14.16
2.14
22.46
B.84
7.15
5.95
46.11
l.SO
1.20
12.09
8.41

107.11

26.47
2.14
0.25
1.04

623.92

167.36
9.46
30.23
9.90
15.28
2.38
30.33
4.55
11.99
7.11
50.73
2.02
1.53
13.73
9.35

131.01

519.87

43.45

0.12

r,i.57

Col.. Kinkora & Sp'gd RR.
Florence Branch

Camden & Burling. Co. RR.
Vincentown Branch RR. .
Burling. & Mt. Holly Branch
Mt.Hofly.Lumb.& Med.RR.
Phila. & Long Branch RR.
Brown's Mills Branch
Island Heights Branch...
Long Beach RR
Barnegat City Branch ....

Total Amboy Division . . .

BELVIDEUK DIVISION.
Belvidere Delaware RR
Martin's Creek Ry. in Pa. . .
Martin's Creek Ry. in N. J.
Fleminston Branch
Enterprise RR
Millham Br. United RRs. . .

Total Belvidere Division.
Total F. ftEs. ofX.J.JJiv.
N. Y. & Long Branch RR.
Pennsylvania RR. Div.
PHILADELPHIA DIVISION.
Filbert Street Extension
Pennsylvania RR.

BEDFORD DIVISION.
Bedford £ Bridgeport RR
Dunning's Creek Branch . . .
Total Bedford Division. . .
* TYRONB DIVISION.
Tyrone Branch P. RR
Bald Eagle Valley RR
' Bellefonte Branch

38. SO

10.47

47.84
11.04

58. 8S

3.15
51.20
2 99

1.73

22.25
60.17
7.03
2^.16

5.62
3.ol

27.43

2.73
10.83
1.17
2.00
0.44
0.50
5.11

2.90

2.24

1.10
3.23
2.98
1.01
11.

3. 9

0.

-

224 69 29.90

07.49 0.81
0.15
0.14
11.07

iji ""i!ii

371.951

141.75
0.15

0.18:

12.72.
1.93
2.85;

Snow Shoe Branch
Sugar Camp Branch
Grauer Branch

22.2-2
3.12

1 7o

Tyrone £ Clearfield Ry
Moshannon Branch

49.58

11.98
2 43
7.74

0 SS

7. so
4.58

Moshannon £ Clearf'dBr.
Beaver Branch

Leskie Branch
Ednie Branch
Forsyth Branch

1.32
b.84

81.82

1.92

159.58

448.12

138.93

Coal Run Branch
Morgan Run Branch. . .
Goss Run Branch No. 1..
- Run Branch No. 2
Goss Run Branch No. 3
Houtxdale Branch

3.110
4.0.-,
l.'.ll
1.04
1.26
0.74
2. :','.>
2. os
0.70
S.41

. ..::::

38.04

1.00
68.80

o.sr,
7. si

i.fcs

2.06

1.70
0.14
1 SO

38.04

1.00
68.80

97.40

7.21
296.82
1.11
59.40
3.85
12.28
11.37;
0.57
2.62
7.01
01.42

29 .'52
7.04'
33.92
50.38

Ameaville Branch
Amesville Branch Ext. .
Kendrick Branch
Mad era Branch

River Front RR
Delaware Extension
Swanson Street Branch ..
Girard Point Branch. .
Schuylkill River Branch . . .
Fifty-second Street Branch.
Frazer Branch .

l.ZR

"i'.m

0.14

Muddv Run Branch

Banian Branch

Beulah Branch

Mapleton Branch No. 1...
Mapleton Branch No. 2 . .
MapletoO Branch No. 3.
Phillipsburg Branch

Dcrbv Branch

3.20
2.-.M
9.91

1.19

West Chester RR
Trenton Cut-off
Down'ton & Lancast. RR..
Pomeroy & Newark RR
Lancaster Cut-off ..

6.00
44.96

37.98

2I:42

18J5

'"4. 05

"'2:42

18.15

Pennville Branch
L. & T. HR. (\\Y-l End)
Scotia Branch

L.57

19.90
5 26

Harrisb., Port. ,&M.J.&L.RR.
Columbia Branch

Total Philadelphia Div. . .

rTuniata Branch

2 os

Total Tyrone Division . . .

266.57

125.93

713.50

232.12

14.11

352.68

POOR'S MANUAL — PENNSYLVANIA RR, CO.

837

Dl\ ISION-.

First
Track.

Second

Track.

Total \
Track.

DlVI-H.N-.

First
Track.

Second
Track.

Total
Track.

ALTUONA DIVISION.
PriiM^vlvania KI? ....

M. M.
2.37' 2.:-:;

M.

(14.00

2K5M
1.42
3.14

11.57;

WESTEKN PEXN. Divi-mx.
Western Pennsylvania RR...
Fairbanks Branch
Apollo Branch

M.

70.63

M.

1.45

it.

101.26
5.33
3.28
3.71
2.74
8.63
85.94
27.66

Leechburor Branch

Mn'-rison'- Oove liranch
Murtin-oiiri: Branch

3 ' I'fl

Schenlev Branch

!!

Win field Branch
Pittsburgh Branch

18.91

27^60

Indiana Branch P. RR
Total Western Penn. Div.

MONONGAHEI.A DIVISION.

Pittst).. Vir. & Charl. Rv
Pittsb. & White HallBr....
McKeesp. & Bessemer RR.
Port Perrv Branch P. RR..
Redstone Br. P..V. & C. Ry.
Brownsville Branch . .
Vance's M.Br.S.W. P.Ry.
Total Monongahela Div. .
Total Penn. RR. Jt'i.r

Phila. & Erie RR. Div.
WESTERN DIVISION.
Philadelphia and Erie RR
. Total Western Division. .
MIDDLE DIVISION.

8 20

135.01

29.05

238.56

Total Altooua Division .

PiTTsnuiu;ii DIVISION.

Pennsylvania RR
iBr.Camb.<fcCridRR

Liilv Branch P. RR
reek Branch P. RR.
Martin's Branch P. RR
Wilmore Branch P. RR
Summerhili Branch P. RR.
South Fork RR

60.67

2.37

148.74

i

53.23
1.73
1.47
1.37
16.56
1.00
2.01

.7

12.29

120.18
2.19
2.60
3.87

1.05
5.00

116.90
11.00
0.76

1.61
3.14
3.67
2.03
7.93
4.55
44.5(3

116.90

.

,

515.18
12.18;

2.C7

(3.43
0.67
3.37

91.70
5.86
2.67
3.79
6.94
9.191
8.47j
2.89!
t.92
3.15
1.21
0.'.'2

1.'67
4.30
1.67
3.81

9.48i
3.64
11.22
2.47

0.3s
1.73
2.27
0.34
0.56
0.94
6.74
2.0.'
8.29,

0.97

.'' 475. W 3.359.93

94.00

10.40

168.73

Alexandria Branch P. RR. .
Southwest Penn. Rv

3.5S

94.00 10.40 168.73

Lippincott Branch
Whitnev Branch
Radebaiish Branch
Hempficld Branch

i.m

1.75
3.95 . 0.«
7.70 ..

Philadelphia & Erie RR
Wilcox RR

102.19

15.12

194.88

Johnson bur"1 RR.

19. C9

25.14
38.11
26.14

2.79

Ridgway and Clearfield RR

Sewickley Branch
Dover Raft Branch. ..
Brinker Run Branch. . .
Mammoth Branch
Hunker Branch

7.13
1.82
2.10
2.37
1.21
0 65

Three Runs Br.S.& C.RR.
Total Middle Division
EASTKHX DIVISION.
Philadelphia & Erie RR
Lewisburg Bridge

2.11

174.00 15.12 286.06

91.37 49.27

0.24

215.43
0.24
72.45
11.13

Tarr Branch

Stonerville Branch
Scottdale Branch
Overton Branch
June Bug Branch
Schoonmaker Branch
Moorewood Branch..
Texas Branch
E. AB.F.Br. S.W.P. Ry.
Opossum R.Br.S.W.P.Rv.
Morreil Br. S. W. P.Rv..
Mahoninsr Br. S.W. P. Rv.
Dunbar Br. S. W. P. Rv. .
Coal LickR.Br.S.W.P.Rv.
Fairchance Br. S.W.P. Ry.
Wynn Branch
Brush 'Creek Branch P. RR.
Bull Run Branch P. RR . . .
Turtle Creek Vallev RR. . .
Turtle Creek Branch P. RR.
Manor Branch P. RR
Total Pittsburgh Division

1.51
L.W

1.24
1.20

0.4*;

4;<. is

l!lS

o!«

1.32
1 71
0.26

0.67
8.44

4^30

::'.'.'.'.'.'.

Lewis, i Tvr. RR. (E. End)
B.E.Val.RR.(B..X.& L. Br.)
Total Eastern Division. . .

SUNBXTRY DIVISION.

Sunb.,Hazle. & Wilke"! Ry.
North & West Branch Ry

57.60 .
9-45

158.66 4H.27 299.25

43.44
43 13

55.94
76.85
6.60
14.24
15.68
1.58
5.97

•••-••••

Xewport Branch

Xe^copec RR

11 no

Penn. Schuylkil'l Valley RR..
Morea Branch P. S. V. Ry. .
Shenandoah Br. P. S. V. Ry
Total Smibnry Division. .
Tot. Phila. & ErieRR.Dir.

Recapitulation.
United RRs. of X. J. Division.
X. Y. & Lone Branch RR
Pennsylvania RR. Division. . .
Phil. & ErieRll. Division....
Total

10. SO
1.00
4.9S

120.00

176.86

546.66

448.12
38.04
1.525.24
546.66

74.79

138.93

38.04
475.9',
74.79

930.90

1,155.45
97.40
3,359.93
, 930.90

267.44

121.33

769.61

2,558.06 727.755,543.68

Rolling Stock in use on several divisions, Dec. 81, 1891. — Locomotive engines— Penn RR.
1,045; United New Jersey, 390 ; Philadelphia and Erie, 188— total, 1,623. Cars as follows ;

Penn.RR.
& U. RR.
X. J.

P. &
E.
RR.

Total.

Penn.RR.
& U. RR.
X. J.

P. &
E.
RR.

Total.

Passenger and Emigrant. ...
Mail, and Express..
Total Pass. Train Equipment
Refrigerator

1,244
250

47
19

1,291
269

Cabin Cars (8-wheel)...

9
687
1.096
3,373
38

•'•

9

1.09C
3,373
33

Cabin Cars (4-weeel i

1.494

884

10

66

::

..

1,560
362

10

Tank Cars (Green Line.)
Empire Line, Box
Empire Line. Rack

Box Freight
>:ock Freight

Total Fgt. Train Equipment .
Maintenance of Way Train.. .

Tot. Pas., Fgt. and Road Ser.

56,141
2,632

306

36.141
2,986

Gondola and 8-wheel Coal. . .
Coal Car* (4-\Vheel)

Marl Cars 1 8- wheel)

40,267

372

40.639

NOTK.— The freight equipment owned by the Pennsylvania RR. Co. and formally assigned for use on the
Philadelphia and Erie RR. IMvi-ion is not reported separately in the abore statement, as in previous years,
owing to the assignment having been withdrawn on August 1. 1891. on the establishment of a new system for
'• pooline freight car repairs." the operations of which are explained on page 856, under the head of General
Remarks.

838

POOR S MANUAL — PENNSYLVANIA ER. CO.

In addition to the equipment in the preceding statement there were ais > 35,413 freight
cars running over the Peun. RR. Company's lines, owned by individuals and companies, in-
cluding 4,025 Perm. Car Trust ; 10,437 Penn. Equipment Trust ; 9,967 Union and National
Line Cars ; 1,732 Union Line Co-operative cars, and 3,126 Equipment Truist Bond car*.

There are also 565 4-wh. coal dump cars in use at coaling stations, which are not in-
cluded in the car equipment as stated above. For statement oi floating stock see page

Statement of rolling stock Pennsylvania RR. Division for four _vear8, and of P. RH. and
U. N. J. Divisions for eight years, ending December 31, 1891 :

1880

1881

1882

1883

1884

1885

1886

1887

1888 1889

1890

1891

Locomotive Engine?

627
359
126
3,060

1,827
5,536
886
255

640
371
116
6.280
2,018
6,637
785
268

709
441
132

6,187
1,804
8,884
631
294

795

463
145
6.216
1,763

j- 10,610
311

1,150
927
204
7,017
1,650

14,394
432

1,150
929
204

7,164
1,533

14,413
442

1,187
995
204
7,493
1,419

14,344

4(52

1,241
1.100
214
7,9:«
1,419

15,346
497

1,340
1,129
215
8,993
1,419

16,827
5-22

1.343
1,155
218
9,233
1,419

15,755

582
1,114
144
2,281
33.411

1.385
1,183
235
9,546
1,419

15,596

628
1,110
80
2,486
35.170

1 .435
1.244
250

12,053
2,929

19,122

696
1,096

10
2,632
35,413

Cars — Passenger and Emigrant
Care — Baggage, Mail, etc
Cars— Freight, Box
Cars— Freight, Stock
Cars — Freight, Gondola

Cars— Freight, Coal
Cars— Freight, Caboose
Cars— Oil Tank

Cars — Marl

!.

Oars — Freight, Service

1,308
21,473

1,308
29,896

1,179
27,271

1,179
33,745

1,851
23,589

1,879! 1,994
23,378! 26,672

2,104

29,179

2,i45

28,842

Cars— Ow. by CarTr. Cos., etc.

Operations, etc., by divisions, for the year ending December 31, 1891 :

Pennsylvania
RR.
Division.

United RRs.
of
New Jersey.

Phila. and
Erie RR.
Division.

Total.

Miles Railroad Operated

1,510 83

449 97

546 66

2 507 46

Train Mileage Passenger

8 691,752

5 874 460

1 095 733

15 661 945

Freight ....

22,075.394

5 892 396

3,976,327

31 944 117

Other
Total Engine Mileage

928,864
31,696,010

378,045
12 144 901

177.037
5 249 097

1,483,946
49 090,008

Passenger Statistics— P&ssensers Carried, 1st Class . . .
Passengers Carried, Emigrant . .
Pass'gers Carried, Commutation
Total Passengers Carried . .

13.584.945

38,442
7,102,403
20,725.790

14,732,453
44,740
6,879,344
21,656 267

2,046,344
4,685
377,641
2,428,670

30,363,742

87,597
14,359,388
44 810 727

Passengers Carried One Mile
freight Statistics — Tons Freight Moved, Through. . . .
Tons Freight Moved, Way
Total Tons Freight Moved

389,308,585
2,189,804
35,809,588
37,999.392

364,612,197
4,535,449
10,517,484
15 052 933

41,177.836
1,698,047
11,749.837
13 447 884

795.098,618
8,423.300
58.076.909
66 500 209

Tons Freight Moved One Mile

5,038,809,843

862,696,675

1,180.196,461

7,081 7'02 979

Earnings Passenger Traffic

$
8.405,279 51

7,586,479 50

S

970.510 81

S
16,962 269 82

Freight Traffic . .

30,480,293 55

9,987,486 61

6,182,403 94

46,650.184 10

Miscellaneous Source^.

439,269 51

212 369 84

43 867 91

695 507 26

Express Traffic

684.034 98

470,000 89

64,417 38

1.218.453 25

United States Mail
Rents

854,456 99

247,184 31

339,081 09

59,529 81

1,253,067 89

247.18431

Total Earnings

41,110,51885

*18,595,417 93

7,320.729 85

67,026 C66 63

Expenses. — Maintenance of Way. ...
Maintenance of Cars

4,840,584 35
3.930,104 42

1,837,988 50
871,33460

999.782 67
629,036 28

7.07S.355 52
5,430.475 30

Motive Power
Transportation

7.082.932 71
9.722.34888

3,604,975 42

8,080,405 84

1,335,60975
1,741.616 87

12,023,517 88
19.544,371 59

General Exuenses

708,13525

147,85950

M.504 7S

907,

Total Expenses

26.284.105 61

*14.542.563 SO

4,757.550 35

45,584.21982

Net Earnings

14,826,413 24

*4.052.K54 07

2,563.179 50

21.442.44681

Other Receipts, Interest from Investments, etc

5.522.4S044

534,365 96

6.056. Ml. 4(>

Total Available Revenue.

20,348.893 68

4.:.s7',220 03

2,568,17960

27,499,29821

Payment.— Rentals, Interest, etc

8,091,461 24

: 1.675 66

2,572,314 24

15,527,451 14

/>. 12,257.432 44

I. 276,455 63

/. 9,134 74

jo.11,971,842 07

Gross Earnings per Mile

$
27.21055

8
41.32590

13.3H1 74

26,730 90

17.3:)7 13

32,31896

18,17944

Xct Earnings per Alilc

D.S13 42

9.0(1(5 94

S.0,-,1 4t>

Expenses to Earnings
Earnings per Paesen'ri-r per Mile

C3.94 p. c.
2.159 C.

7S.21 p. c.
1 . 30K c.

G4.99 p. c.
2.357 c.

OS. 14 ;.. c.
2.0.M c.

Expenses per Passenger per Mile

Profit per Passenger per Mile

1.654 C.
0.505 c.

1.512 c.
l).3!»r, c.

1.S75 c.
0.482 c.

1.600 C.
0.454 c.

Earnings per Ton per Alile ....

0.605 c.

1.1.58 c.

0.524 c.

o. •;:><» c.

Expenses per Ton per Mile .

0.394 c.

0.9S9 c.

0.338 c.

d.457 c.

Profit Der Ton ner Mile. . .

0.211 c.

0.169 c.

0.186 C.

0.202 c.

* For the purpose of uniformity in these statements the freight tonnage, gross earnings, and operating ex-
penses of the Delaware and Raritan Canal are omitted from the above statement of operations of the United
RRs. of New Jersey Division, and that division is credited in lieu thereof with the net earnings of that Canal, the

On the Delaware and Raritan Canal there
7,878,838 miles, making the aggregate tonnage of the whole sys-

object being to keep the operations of the railroad system distinct.

were moved 1,001.056 tons of freight, a total of 37,873.833 m. _, ^

tern 67.501,265, and tonnage mileage. 7. 119.570. HI ± The actual LTOSS earnings of the United RRs. of New Jersey

Division, including canal, were $18,995,592.11 : operating expenses, $14,905,788.66; net earnings. $4.089.803.45 ;
percentage of expenses to earnings, 78.47 per cent.

POOR'S MANUAL — PENNSYLVANIA BR. CO. 839

The details of other receipts in preceding statement are as follows :

Interest from Investments (in cash) ...................... $4.852,181 09

Interest from brancn roads for use of equipment .......... 395.390 86

Interest General Account ............................... 191,731 95

Empire Line, net earnings ............................... 83,176 54— $5,522,480 44

United RRs. of New Jersey Division-

Interest from Investments and Rents ................................... 497,416 58

Net earnings of Delaware and Raritan Canal ............................ 36,949 38

Total income from miscellaneous sources ............................ $6,056,846 40

The details of payments in above statement are as follows :

Pennsylvania RR. Division —

Rental paid branch roads ............. .................. $3,046,142 86

Interest on bonded debt ............................... 3,967,815 40

Interest Car Trust* .................................... 521 ,129 63

Interest on mortgages and ground rents .................. 110,703 79

Account joint guaranty with Northern Central, on lines
north of Elmira. and miscellaneous accounts, including
premium on exchange, commissions, etc .............. 14.330 46

State tax on capital stock ............................... 431,339 10— $8,091,461 &l

U /t ited RRs. of Neic Jersey Division—

Account guaranteed dividends, interest, rentals, etc .................... 4,863,675 66

Philadelphia and Erie RR. Division, —

Account of rentals. . ............................. 2,572,314 24

Total Payments for rentals, interest, etc $15,527,451 14

Income Account for 1891.— Profit Pennsylvania RR. Div $12,257,432 44

Net loss on United RRs. N. J. Division $276,455 63

Net loss Philadelphia and Erie Division 9,134 74— 285,590 37

Balance — net revenue as in statement preceding £11,971.842 07

From which the following amounts were deducted :

Payment to fund for purchase of guaranteed securities under

trust created October 9, 1879 $98,6'22 4'2

Consolidated mortgage sinking fund account 324,780 00

Payments, on account of guaranty of principal and interest of

bonds 274,061 68

Amount expended in straightening and revising lines and

grades, etc., not properly chargeable to capital account.. . . 1,510,758 09

Total deductions before dividends 2,208,222 19

Balance $9,763,619 88

Dividends (May, 3 per cent., and November, 3 per cent.) 6 per cent 7,495,597 50

Balance, credit, profit and loss account for 1891 $'2,268,022 38

Add amount received in settlement of sundry accounts 49,018 66

Total amount'to credit of profit and loss for 1891 $2,317.041 04

Amount to credit of profit and loss account, December 31, 1890 22,017,793 29

Balance to credit of profit and loss account, December 31, 1891 $24,334,834 33

840

POOR S MANUAL — PENNSYLVANIA RR. CO.

" The foregoing statements," says the report of the company, li shows a net income of $1 1,971. 84;.'. 07. Alter
deducting the amounts properly chargeable thereto, there is a balance for the year of $9,763,619.88. Out of this
there were paid dividends of 6 per cent,, being an increase in the amount distributed to the shareholders of $L-
•253.724.50, as compared with 1890, and a balance of $2.2r.s.ie,!.:5s was transferred to the credit of profit and loss
making the aggregate thereof at the end of the year $24,334,834.33.

" The above results may be considered quite satisfactory, in view of the depressed condition of the mining
and manufacturing interests, upon the prosperity of which the revenues of the company so largely depend, the
dividends declared, amounting to about seven and a half millions of dollars, exceeding, both in rate and amount,
those paid by any of the large railway systems traversing the same territory occupied by your lines. While the
lii'e* west of Pittsburgh for the same reasons show a decreased volume of tonnage, their net results are bettor
than for 1890. both the Pennsylvania Co. and the newly consolidated Pittsburgh, Cincinnati, Chicago and St.
Louis Ry. Co. showing an increased surplus over all liabilities, and the latter company, in the first year of its
operation, being able to pay a dividend on its preferred stock.

Sinking Funds.—" Under the provisions of the consolidated mortgage of the company, §3-24,780 w
apart on the first day of July. 189], out of the net income, as a sinking fund for the redemption of the outstanding
bonds secured by that mortgage. IS7one of the bonds could be purchased under the terms of the trust, and the
amount was placed to the credit of the trustees for investment under the terms of the mortgage. The amount of
$2,532,833.21 in cash and securities is in the fund for the redemption of these bonds.

'• The trustees of the sinking fund for the redemption of the trust certificates issued for the purchase of the
shares of the capital stock of the Philadelphia. Wilmington and Baltimore RR. Co. were able to purchase only
$6,000 of the securities during the past year at the limit fixed in the trust agreement. The total amount of these
certificates purchased and cancelled to December 31, 1891, is $2,091,000, leaving outstanding, $7,909,000.

" Under the provisions of the 4 per cent. Equipment Trust Gold Loan, there was paid to the trustee during
1891 for the sinking fund the sum of $144,850. The trustee was able to obtain $141.000 of the bonds at the price
fixed in the lease ; of the balance, $8,300, together with $7,060.44 remaining from last year, were invested in
equipment under the terms of the contract, and the sum of $638.75 remains in the hands of the trustee for future
investment.

" There are now in the sinking fund for the redemption of the obligations of the various companies forming
the United New Jersey RR. and Canal Co., securities of the par value of §4.343,000, and a cash balance, uninvested
by the trustees, of $91,318.21, making an aggregate of $4.434.318.21.

Funded Debt.—" The funded debt, including mortgages on real estate and ground-rents, is $77,090,126.39, a
decrease of $817,000 during the year, explained as follews :

Philadelphia, Wilmington and Baltimore RR., stock trust certificates redeemed Sli.OOO

Equipment trust gold bonds redeemed 141,000

Mortgages and ground-rents paid 70^000

$£17,000

Capital Stock.— " The amoiv.it of capital stock outstanding at the close of the year was $126,771,800, an in-
crease of $3,689,150, due to the conversion into capital stock of that amount of scrip issued on account of the
dividend of May 29, 1891.

Securities.— " During the year there was an increase in the cost of securities of $1,416,047.55, and an increase
in the par value thereof of $3,325,912.17.

" The entire cost of the securities of other corporations now held by your company is $114,599,781.78, and
the direct revenue received therefrom was $4,852,181.09, which continues ro be in excess of the interest on your
funded debt."

Statement showing income account Pennsylvania ER. Division for seven years enclii g
December 31, 1891 :

1885

1886

1887

1888

1889

1890

1891

Net Earnings from Operations

10,446 772

$
11,983,037

s

12 977,192

13 171 605

$
13 661 985

14 149 564

14.S2';.413

4 446 434

3 991 629

4 488 027

4 178 605

4 421 498

4 439 404

4 852 181

Interest from Branch Roads for use {
of Equipment. . . \

310,929

309,719

432,138

390,952

401,164

429,578

395,391

Interest General Account.

10,184

155,482

293,917

191,732

Profits from Sundry Accounts

33,017

9,548

33 825

46 691

Empire Line Net Earnings

62,689

148,522

198.635

98,230

150,789

202,832

83.177

Total Available Revenue

Rentals, Leased and Operated Roads..
Interest on Funded Debt
Interest on Mtges. and Ground Rents.
Interest Car Trusts

15,299,841

2,159,111
3,503,382
86,136
388.904

16,442,455

2,354,192
3,594,361
67,630
383,792

18,140,001

2,441,460
3,594,361
65,068
401,302

17,886,143

2,907,258
3,594,303
61,893
385,741

18,790,918

2,603,079
3,594,245
78.607
450,550

19,515,295

3,264,988
4,010,449
112.944
489.863

20,348,894

3,046,143
3.fi4i).5?5
110.704
581,180

Interest on Stock Allotment

52,417

110 152

97 571

205,614

•

State Tax on Dividends

291 442

318 453

333 989

'•

State Tax on Capital Stock

345 207

342 Oil

364,298

431.339

Payments on Account Joint Guaranty 1
with Northern Central Ry Co on >

218 652

36,737

7.4i 10

lines north of Elmira, & Mis. Acts. \
Interest on Equip Charged Br Roads

102 102

107,650

210 172

171 674

146 790

110 918

116 918

116 918

Interest paid State of Pa. on Account 1
of Purchase of Main Line \"

128,959

112,200

94,592

76,094

56,658

Interest Penn. Co. for Insurance on I

345,840

330,800

326,960

326,180

323,560

313,341

Lines, etc., P. W. & B. St'k Tr. Cer. )
Interest General Account

15 780

24 700

37882

Premium on Exchange, Commis etc

7,582

4,372

3 470

10,249

•8.844

6.'/:it>

Totals

7,146.156

7.4«7 K->

7,698,714

7,916,481

7,920,567

8,484,894

8.091,461

Net Income Penn. ER. Division

8,153,685

8.974,970

10.411.0S7

!).%!) WW

10,870,851

11,080,401

12.2.->7.433

POOR'S MANUAL — PENNSYLVANIA Utt. CO.

841

Floating Stock. — The number of steamboats, car-floats, etc. (not including the floating
equipment of the Delaware and Rariutn Canal), in service on December 31, 1891, was as fol-
lows : \i/c York and Ainboy Di?-i*'«nix. — Steam ferry-boats, 10 ; tugs, 18 ; car-floats, 64 ;
steam lighters, 3 ; lighters, 2 ; barges, 45 ; canal-boats, 5 ; flat scow, 1 — total (X. Y. A: A.
Div.1, 148. Philadelphia l)fri*i»it. — Tug, 1 ; dump-scows, 4 ; flat scow, 1 ; dredge, 1 — total
(P. Div.), 7. Total floating stock on the three divisions, 155.

Statement showing the gross earnings, expenses, rental, profits, or losses on all roads
operated by the Pennsylvania RR. Co., for the year ending December 31, 1891 :

ROADS.

Length
of Road.

Gross Working
Earnings. Expenses.

Net
Earnings.

|
Rentals Proflt or
Paid.

PKNN-iYl.VAXlA R.\II,KOAD '.

( Including Harrisborg and Lancaster
. and West Chester RRs.i
Lntf- <t Urn i«-ht* :
Pennsylvania Schnylkill Valley RR.. ..
Downingtown and Lancaster RR

Mite,

552.66

120.19
37.98
26.70
43.53
18.35
9.30
28.00
12.43
43.45
49.17

$ $
32,879,853 24 20,87T,269 46

1,751,32651 1.219,35023
60.241 50 79,948 58
23.213 OS 49.837 90
375,318 46 187.974 13
84.74838 55,18751
23.399 63 21,186 15
56,81861' 57.50051
65,716 40 35.644 94
423,354 89( 198,204 O
115.09720 75,32500
252,307 70 17'4,112 20
198,501 23 17(5.724 40
022,69249 358,64201
589,08942 535,63734
5,817 94 2,178 82
91.701 62 56.417 95
9.342 75 7,525 59
1.934.35 5.801 54
1.704.09225 1,074.83486
1U1.20836 537.45557
1.16369 2. 7244$
1,159,614 98 774,009 07
9.032 .39 10.451 Hi
5,201,361 07 3.347.S.VJ o-J
544.785 21 314.391 43
v.1:. 402 93 500.28134
62.522 42 53.24S 15
19.642 03 13,852 10
29.501 <x> 25,633 83
247,796 90 137,994 .58
B7,«39 5»i 74,232 77

16,367,836 94 12,848,681 13

400,174 18 363.224 80

128,294 37 61.798 08
9,599 41 18.650 99
4,67943 10.98720

j

1,268,467 85 899,321 12
10.508 61 18,109 15
248,754 37 162,417 52
1(50.168 18 113.116 66
25.H0792 27.35577
;-.:3040 124.91094
10.239 15! 28,374 S9
273,176 34 209,388 79
2.2ti3 l»i 5,524 33
7.r.25 74 13.927 29

~
'12,002,583 7s

531.976 28
d. 19,707 as
d. 26,62423
187.344 33
29,560 87
2,213 48
d. 747 95
30,071 46
225,090 83
39,772 20
78,195 50
21,776 S2
264,050 48
. 53,452 08
3,639 12
35,2*3 07
1.817 16
d. 3,960 19
•-,29.257 39
373,752 79
d. 1,501 79
385,605 91
d. 518 80
1,853,501 85
280,393 7S
321,181 59
9.274 27
$,78098
3.93S OH
109.802 32
13,396 79

3,519,1.55 81

36,949 38

66,496 29
d. 9,051 58
d. 6,307 77

369,146 73
d. 7,540 54
86.336 85
47.051 52
d. 2.347 85
(/. 40.17448
d. 1S,135 74
63.7S7 -V)
d. 3.261 17
d. 6.301 55

S

134.253 6r /Ml, 863,3«0ii

531 971

L. 19,
L. 2n.02422
187 344 33

Pomeroy and Newark RR
Columbia and Port Deposit Ry
Hanover and York RR . . ,

29,560 87
2.213 4M

Littlestown RR

Frederick and Pennsylvania Line RR. .
Mifflin and Centre County RR

L. 747 95

30.071 4(5

225.090 >3

Sunburv «fc Lewistown Rv
Bedf'd & Bridgep't RR. (Jan. to Apr.inc.)
Bedf d & Bridfep't Ry. (May to Dec. inc.*
Lewisburg and Tyrone RR
Bald Eagle Vy RR. (P. RR.Div portion)
Tyrone and Clearfield Ry

3'.»,7;22i.i
7 S.I 95 50 .

85.08
81.23
120.51
4.44
40.18

21. 770 S-,'
249.07700 P. 11.
112,50000 L. 59.047 92
3.639 12
£x283 67
1,817 16

Tipton RR
Cumbria and Clearfield RR . .

Ebensb.& Cres8onRR.(Jan.to June inc.)
South Fork RR. (from August 15)

7.93
116.10
104.88
6.44
75.43
1.47
287.56
43.44
47.82
11.96
9.45
24.89
27. A3
19.69

187.95

66.00

6.40
6.64
6.54

81.82
4.16
6.75
27.54
14.16
49.11
20.50
29.61
2.84
5.96

, L. 3,960 19

Western Pennsylvania RR
South We*t Pennsylvania Ry

629.257 39 .

373 752 79

Turtle Creek Valley RR. (from Sept. 28)
Pittsburgh. Virginia & Charleston Ry.i
McKeesp't&BessemerRR.(from July 20)
Philadelphia and Erie RR

/. 1,56179

385 605 91

L. 51880
1,853 501 85

Suubury. Hazleton & Wilkesbarre Ry..
North and West Branch Ry

230,3937s
321.181 59
!».2T427'
.3
3.&3N OS»
10-.I.S0332

Nescopec RR

Bald Eade Vy RR. (P.& E.Div. portion)
Sosquehanna and Cleartield RR
Ridgway and Clearfield RR
Johnsoiiburg RR

13.3!«; 79

United New Jersey RR. )
A Canal Co. (including Railroads
Philadelphia & Tren-
ton, River-Front. Ken- I
sington and Tacony, [
Connecting, and New Del.&Raritan
York Bav^ RRs. , and Oanal
Trent. Delaw. Bridge) J
Perth Amboy & Woodbridge RR
Millstone and New Brunswick RR
Rocky Hill RR. and Kingston Branch..
BeMdere Delaware RR. (incl. Martin's
Creek. Ry. of New Jersey and Penn-
sylvania and Enterprise Rv.)
BustletonRR ".
Phila..Germantown & ( 'hestnut HiH RR.
Freehold & Jamesburg Agricultural RR.
Columbus, Kinkora & Soriugtield RR..
Philadelphia & Long Branch RR
Lons Beach RR

)
j- 4.236,917 77 * 680,812 58

66,496 2'J

L. 9.05158
1,22200 /,. 7,52i>77

369,140 73 . .
L. 7.54054
S»i,33685

47.051 52
L. 2.347 85
' L. 40.174 4S

L. 1S.13574
44,415 50 P. 19,372 05
90000 L. 4.101 17
11,18'HiO L. 17.49055

Camden & Burlington County RR
Vincentown Branch

Mount Holly,Lumberton&Medford RR.
Totals, All Lines, Penn.RR. System

2,573.46

67,426,840 81 45,497,444 62

21,479,396 19 10.482,132 76 10.91»7.2(53 43

* Loss before deducting interest on investments and rents of properties of tTnited New Jersey RR and
Canal Co.

SUMMARY OF CAPITAL EXPENDITURES UPON THE MAIN, LEASED, AND AUXILIARY LINES

FOR 1891.

The following statement will show the amounts that have been charged during the past
year to construction, equipment, and real estate upon the main and leased lines and branches,

842

POOR S MANUAL— PENNSYLVANIA RR. CO.

as well as the amounts that have been advanced for the improvement and extension of branch
and auxiliary roads operated by the company east of Pittsburgh and Erie.

The funds required for these expenditures were obtained from current revenue and
through the sale of securities.

PENNSYLVANIA RAILROAD :

Construction — Additional third and fourth tracks, sidings, yards.

shops, stations, wharves, and Trenton Cut-off, etc

Equipment — Additional locomotives $484,403 57

Additional passenger and postal cars 403,359 01

Additional freight cars, floating equipment, and tools for shops. . 1,921,498 53

Credits to this account

Real Estate

Credits to this account . . ,

$8,809,261 11

4,500 00

. . $53,000 30
22,005 76

UNITED RAILROADS OF NEW JERSKY :

Real estate

Less cash received from sale of property. .

$154,513 98
16,163 83

PHILADELPHIA AND TRENTON RAILROAD :

Real estate

Less cash received from sale of property . . .

$40,420 41
3.000 00

$1,933,049 87

2,804,761 11
130,994 54

$138,350 15
$37,420 41

$4,868,805 52

138,350 15

37,420 41

Total expenditures upon the Main Line and New Jersey Division $5,044,576 08

The following amounts were advanced during the year for improvements and extensions on branch and aux-

iliary lines operated by the company :

Connecting Railway $33,056 32

New York Bay RR 92,190 30

Pittsburgh. Virginia and Charleston Ry 308,34340

Phila., German town and Chestnut Hill RR. . 21,366 13
Phil., Germ, and Chest. H. RR., Ft Wash. Br. 36,060 41

South West Pennsylvania Ry 38,40653

Tyrone and Clearfield Ry (-5,153 82

Western Pennsylvania RR 39,509 27

Pennsylvania Schuylkill Valley RR 361,4742(5

Cambria and Clearfield RR 668,429 10

Bald Eagle Valley RR 3,23672

Philadelphia and Erie RR 75,8# 97

Kensington and Tacony RR $52,171 26

Perth Amboy and Woodbridge RR 31,85914

Belvidere Delaware RR 1,613 00

Turtle Creek Valley RR 65,962 55

McKeesport and Bessemer RR 283,811 30

Trenton Delaware Bridge Co 39,1 12 24

South Fork Railroad Co 33,621 80

Sunbury. Ha/.leton and Wilkesbarre Ry 45,511 75

North nnd West Branch Ry 25,1)45 40

Small expenditures on various branch lines. . 3,878 47

Total on branch and auxiliary lines. . . *$2,825,742 14

On account of the advances to the branch and auxiliary lines there has been received

from those companies in cash.

$1,002,859 63— 1.322,882 46

Leaving the sum invested in cash, for construction, equipment, and real estate on the
Main Line, and advanced for such purposes to leased, branch, and auxiliary lines
east of Pittsburgh and Erie by the Pennsylvania RR. Co., in 18(.ll $6,367,458 54

There were used in construction and repairs on the main line, 39.078 tons of steel rails,
and 1,333,136 ties ; on the United Railroads of New Jersey DivL-ion, 7,220 tons of steel, and
292,474 ties ; on the Philadelphia and Erie Railroad Division, 6,276 tons of steel, and 267,702
ties — making a total of 52,574 tons of f-teel, and 1,693,312 ties. There were built at Altoona
and your other shops east of Pittsburgh and Erie, for the main line and other roads in your
interest, on capital and repair account, 177 locomotives, 89 passenger cars, 29 baggage, ex-
press, and mail cars, 2,220 freight cars, 6 refrigerator cars, and 394 cabin and maintenance of
way cars.

CAR TRUSTS.

Further provision was made during the year, under the Car Trust system, for the equip-
ment of lines, by the issue of $1,031,000 Car Trust certificates, bearing 4 per cent, inteiv.-t.
Under this authority 1,000 hopper gondolas have been added to the equipment of the main
line for special service in connection with the Susquehanna Coal Co. and 925 box cars fur-
nished to the Pennsylvania Co.

* On account of these advances to branch and auxiliary lines there has been received in securities of those
companies, $934,885.19.

POOR'S MANUAL — PENNSYLVANIA RR. CO.

843

During the year the outstanding certificates of Series A, B, and C of the Pennsylvania Car
Trust have been paid and cancelled. These series covered 1,070 gondolas and 500 stock cars
in service on the Pennsylvania RR. ; 600 box cars and 650 hopper gondolas subleased to the
Northern Central Ry. Co. ; 500 bos cars aiid 500 hopper gondolas subleased to the Pennsyl-
vania Co.; 500 box cars and 500 stock cars subleased to the Pittsburgh, Cincinnati, Chicago
and St. Louis Ry. Co.; and 250 long gondolas subleased to the Allegheny Valley RR. Co.,
representing a total co^t of $3,000,000.

The total amount of Car Trust Certificates issued to date is as follows :

For Pennsylvania Railroad lines east of Pittsburgh

For lines west of Pittsburgh • 17.42S

For cars subleased to affiliated lines, viz.:

Northern Central Railway Company

Allegheny Valley Railroad Company

New" York. Philadelphia, and Norfolk Railroad Company

Philadelphia, Wilmington and Baltimore Railroad Company

Pennsylvania and Northwestern Railroad Company

3.706
250
292

500
500

COST.

S14,S53,140
8,957,160

1,827,200
137,500
200,000
235,000
250.000

Total cars 50,922 $26.457,000

On account of which there had been paid, to December 31, 1890, for cancellation of certificates 17,037,000

Balance.

During 1891 payments as follows have been made :

Total
Payment.

Deduct Pay- Balance Ap-
ments on i plicable to
Account of | Redemption
Interest. |of Certificates

Bv Pennsvlvania Railroad Company

1 042 259 25

S 8

169^11 75 3872 447 50

755 958 86

116 495 83 639 463 03

Bv Northern Central Railwav Company

213,202 93

30 4<2 93 182 720 00

By Allegheny Valley Railroad Company
By New' York. Philadelphia and Norfolk Railroad Company
By Philadelphia. Wilmington and Baltimore Railroad Company
By Pennsylvania and North Western Railroad Company.

14,101 79
22.587 75
30.399 72
35,10000

33179 13.75000
4.4.- 1^.11947
»7S 23.50000

10.10000 ; 25.00000

2,113.610 30

338,61030 1,775.00000

Amount applied to redemption and cancellation of securities in 1891

$1.775.000
$7,045,000

B-i lance of certificates outstanding December 31 . 1891

Total amount of certificates redeemed to December 31. IS'.U :

In full payment for 20.7*4 cars $11.3.37.000

In partial payment for 30,138 cars 3?. 475.000— $18,812,000

Statement showing number of miles operated of the Pennsylvania RR. Division of the
Pennsylvania Railroad Company, with operations of the same, and the amount of stock and
debts from 1875 to 1891 inclusive :

1
*' T?T?

Gross Earnings.

Expen's Passen-

Average per

Mile.

izh&s-

Operating Traffic Pass'gers of Pas- gers Car-
Expenses Profits. Carried, sender ried One
Traffic. Mile.

Pas-^ger Total.

E'n_r< Exps.

Profit

• * s

8

s - to. * yo.

Cts.

:-"J5 128.188,681

3.772.306 20. 493.252

1 1.704.053 8.699.199 5,609,787 2.677.679 160,421.998

2.351

.669

0.682

'•>33 128.976.429

5,368,57320,7*

12.452.089 8.335.387 6,920.016 2.966.950 388.312.089

1.862

1.029

0.833

1S77 1.055 129.975.647

3.383.273 18. 9*3.456

10.751. 131» 8.232.317 5.129.1*31 2,506.189 143.153.521

2.363

.751

0.612

1878

.055 129,619.063 3.348.346 20.317.140

10.!»21.103 (5.396.037 5.205.7372.546.096142.036.106

2.357

.793

0.564

1S79

.092 1-26.117,956

3.628.27321.743.628

Il.751.ti21 9.992.007 5.948.645 2.621,009 155.784.178

2.281

.682

0.590

.120 130.916.504 4.437.146 25.ft87.6E8

14.051.436 11. 936. 173 7. 757.'. 4.0 3.159,118 196.939.640

2.253

.604

0.649

1S81

.173 145.518,936

5.023,385 27.647.007

15.i6N4r,'.i l-2.17S.540 9.077.7143.869.538230.675.088

2.178

.677

0.501

.264 152.193.210

5962456'30,g

17,878,777 12.H38.155 10.372.S94 4.062.2511 245.971.772

2.374

.733

0 641

.314 161.508.903 6.115.423 32.017.813

18.3-21.41.4 13. 696.3. '9 10,679,474 4.012.85* 244.710.876

2.448

.640

0.80

.471 165.004.453

6.017.752 30.196.885

17.575.10t; 12.621.77S 11.409.776 3.963.522 243.298.222

2.422

.K81

0.79

.518 168.844.412

5.414.354 27.667.406

17.220.634 10.446.772 12.341.45'.) 4.232.271 276.664.065

1.931

.5:30

0 40

.568 172.060.061

6. W7.008 31, 132.2*7

19.149.050 11.9S3.037 14.16".W35 4.776.202 265.840,285

2.245

.787

0.44

.59217'.'

7. 1 7 1. 35 W 35. 805. 728

22.32*.:>3»J 12,977,192 16.<S0.707 5.474.U95 3lfi.s40.006

2.263

.728

0 53

.617 179.245.S97

7.329.226 36.698,184

23.52-;. 57U 13.171.6*35 1S.264.5S2 5.560.S56 331 080,S13

2.214

.680

0.53

1889

.403 188,785.766

7. .545.741 3-).

23.1U3. ;97 13.661.9S5' 17.7:O.4i>7 5.632.290 341,444.109

2.210

.650

0.56

.441 197.304..SW) 3.220.514 40.0W.H70

23.S94.106 14.:4!'..V.4 20.iH5rJ.26S 5.::* ,.,;37 3: ;

.51,8

0.59

1891

.511 200.S47.0C-0 S.405.280 41.110.519

26.2*4.106 14.S26.413 20.723.790 6.440.286 389,308,585

2.159

.654

0.505

844

POORS MANUAL — PENNSYLVANIA ER. CO.

Statement of earnings, expenses, mileage, etc., of freight business of the Pennsylvania
Railroad Division and branches from 1875 to 1891, inclusive :

Tear.

Freight
Earnings.

Freight
Expenses.

Tonnage
Mileage.

Per Ton Mile.

Through Tonnage.

Local Tonn.ii.'v.

Total
Tonnage.

E'ngs

Exps.

Net

East.

West.

East.

West.

$

$

Cts.

Cts.

Cts.

1875.

15,651,741

9,116,374

1,479,414,466

1.0S8

0.616

0.442

1,002,072

352,131

5,388,91 f,

2,372,249

9,115,368

1870.

14,539,784

9,485,739

1,629,742.021

0.892

0.582

0.310

1,322.276

2<)2.2(;3

5.791.701! -2.r,l.-).(itiii

6,922.911

1877.

14,642,109

8.244,981 1 I,'494i798;i98

0.980

0.552

0.428

1,019,068

288,719

5,713,443

2,717,065

1878.

15,904,501

8,374,007

1,732,003,131

0.918

0.488

0.435

,450,830

287.713

6,195,184

3,013,025

10.946. 752

1S7H.

17,016,989

9,130,612

2,136,708,887

0.798

0.427

0.369

,692,376

384,164

7,592,032

4,015,469

13,684,041

1880.

20,234,046

10.892,368

2,298,317,323

0.880

0.474

0.406

286.005

8,506,006

4.791.222

15.364.788

1881.

22,400,120 11.598.931

2,655, 43S, 764

0.799

0.437

0.362

,639.348

568,181

10.116,196

5,905,640

18,229,865

15-8-2.

23,517,178 13,616.518

2,879.542,701

0.817

0.473

0.344 .35U.129

594.690

11,906,026

6,509,554

20,360,399

1883.

24,686,789 14.308.556

2.H!M.892,567

0.819

0.477

0.342

,382.156

555. (594

12,469,252

7.267.058

21,674,160

1884.

•J2.s23.:i29 13,6U6.586

8,082,499,986

0.740

0.441

0.299

,293.700

331,069

13.330.714

7,4-28,342 92,

1885.

20.804,41)3 12,938.363

3,3is,4i>6,-,vw

0.627

0.3911 0.236

,684,671

572,509

18,884,492

7,905,356 21.

23,820,302

14,373,047

3,390.

0.695

0.423

0.272

,540,210

638,262

14,595,636

9.646,840 2»;.42ii.'J4s

1887

26.505,179

16.859.382

$,957,601,513

0.670

0.426

0.244

,555.5361 750/W4

17.561.375

10,970,800 30, "47.6:35

27,657,543 17V

4,364.407,278

0.634

0.412

0.222

,547,8691 692,913! 20.500,044

11,8-2S.7()0 34.5«'J.nvfi

27,422,030 17.5(il,504

4,383,008,761

0 62' 5

0.401

0.225

,612.83;

691,717

20,353,982

1).7'4<U;<;5 32.40S.l-.iS

1890.

29.S31,769 llUn3.4GS

4,961,557,976

0.601

0.401

0.200

,697,7-29

714,587

24.401.92i

11.093.0S3 37

1891.

30,480,294

19,843.810

5.038,80'.),843

0.605

0.334

0.211

.528,494

661,310

24,987.591

10,821,997

Statement of operations, traffic, and revenues, Pa. RR. Div. for seven years :

1885

1886

1887

1888 1389

1890

1891

Miles of Railroad

1,517.75

1.568.22
23,888,578
6.430,525
16.772,064
685,989
14.160,935
265,840.285
26,420. 94s
15,859,606
2,797,414
3,399,769,583
2,582,968,590
866,800,993

S

6,907,008
531,130

504,788
23,820.302
179:059

1,591.85
27,037.1)21
7,049,018
19,106,893
881,710
16.880,727
316.840,006
30,847.635
17,796,708
2,733,309
3.957,601,512
2,928,102:078
1,029,499,434

7,171,399
516,960

544,134

26,505,179
198,787

1,617.46
28.720,155
7,535,715
20,421.991
762.449
18,264,582
331,080,813
34,569,086
21,040,918
3,942,266
4,364.407,278
8,868,845,587
995,561,741
$
7,329,226
533,055
569,998
27.657,543
174,334

1,403.19
28.498,802
7,580,708
20,053.3-29
864.765
17,799,407
341,444,169
3-2.408.198
17,17(Ks4-2
4,678,004
4^88,008,761
3,455,756,099
(J27,252.602

S '
7,545,741
748,133
587,086
27,422,910
551,913

1,440.52
31.648,520
8.150,761
22,520,547
977,212
20.066,268
374.191.S-J2
37,907,319
20 J
4,489,193
4.961.557.971)
.".924. 45-2.1)17
1,087,105,059
$

6113,607
661,676
29,881,769
636,104

1,510.83

31,69ti.OlO
8,691,752
22,075.394

20.725.790
389.308.585
37,999.392
21,931.366
3.882.101
5.038.SOH.S43
4,06ti.l47.3Sl
97-2. i;

30,48
686,458

Train Miles
Passenger

22,578,531
6.175.355
15,850,765
552.411
12,341.459
276,664.065
24,047,028
14,281,909
3,208,883
3,318,46:. .:'6y
8,580,674,802
737,7'U2.061

$

5,4<*4.354
515,585
458.422
26,010,179

Freight

Distributing-
Pas-fngers Carried
Passenger Miles

Freight (tons) Moved...
Coal and Coke
Petroleum. etc..bbls.
Freight (ton) Miles
Eastward
Westward

Passenger Earnings
Mail Earnings
Express Earnings
Freight Earnings
Other Receipts

Gross Earnings
Gross Expenses

Net Earnings

Gross Earnings per Mile.
(iro<s Expenses per Mile
Net Earnings per Mile. .
Expenses to Earnings . .

27,667.406
17V.WO.fi34

31,132,287
19,149,250

35,305.729
22,328,539

36,698,184
28,688,579

13,171,605

22,688 77
14.545 38
8,14889
04. 12 p. c.

3ii.s55,782
23,193,797

40,043,670' 41,110.519
25,81)4.106 '26.-.'S4.1i>6

10,446.772

18.253 64
11.3!»1 36

6.S92 2s
62.24 p. c.

11,983,037

19.851,99

12,210 82
7.1541 17
61.51 p. c.

12,977,192

22,179 05
14,026 78
8,15227
63. 24 p. c.

13,661,985

16.520 33
U.73<; 3S
62. 93 p. c.

14,149,564

27.7H8 06
17V.)77> 53
9,822 53
64. 66 p. c.

14,826,418

•27. -210 ;,.->

9.813 42
63. 94 p. c.

Dividends.— Statement of cash dividends paid by Pennsylvania RR. Co. from 1884 to
1891 inclusive. (For statement of dividends paid prior to 1881, see MANUAL for 1888, page
246.) In 1882 a dividend of 6£ per cent, was paid, and in 1883, 4£ per cent.

1884

1885

1886

1887

1888

1889

1890

1891

May, 2 p. c.
Nov., 3 p. c.

May, 3 p. c.
Nov., 2 p. c.

Mav. 2.', p. c.
Nov., 2| p. C.

May. '2.', p. c.
Nov., 3 p. c.

May, 21 p. c.
Nov., 2; p. c.

May, 2; p. c.
Nov., g

May. 3 p. C.
Nov., -,'

May. :-! p. r.
Nov.. 3 p. c.

Annual meeting, second Tuesday in March. Books do not close for annual meeting,
owners of stock on day preceding being privileged to vote at such meeting. At the annual
election for directors, two weeks thereafter, voting power involves the ownership of stock
for 60 days previously.

POOR 8 MANUAL — PENNSYLVANIA RK. CO.

845

Statement showing traffic and earnings on all lines east of Pittsburgh (including the Del-
aware and Ruritan Canal), and earnings on all lines west of Pittsburgh :

1885

1886

1887

1888 '

1889

1890

1891

BAST.
Mile* Operated

< 'arried
:irru'd 1 Mile
Tons Freight Mcm-d
Tons Moved 1 MiU-

Gross Earnings
Operating Expe ti >

Xet Earnings

2,31*i. 41
27.'!42.018
568.fri4.914
40,880.100
S9,219

45.Tilo.034
29,479,765

2,367.77
81,090,271

57fi.906.27ti
44,121,327

4,634,877,682

50,379".077 00
32,619,594 61

2.412. 34
35,785,769
657.362.557

•.•I5.7s5
5.260.987,754

55.671 !313 13
37,086,584 80

2.435.72
88,168,874
861,684,864

: 73.368
39.331.153 14

2.456.07

40.189,893
12,735
59.f
6.219,773,939

61,514.445 11
41,096.805 64

2.500.72
43,810.382
778,8]
67,858.398
7,041,523,100

66,2ol259 83
44,980,554 67

2.573.46
44.810.727
795.'
'•,7. .-01.265
7.119,576.812

67.420. -41
45.947.445

16.135.269
5.157,876

17.759,432 39 18.584,728 33
4,860,442 72 5.601.303 51

18.840.924 52 20,517.639 47'21,221,705 16

5.414.43445 5.?>7.!l76 !M 5.^4,88867

21,479,396
6,019,897

Other Receipts

Net Income
WKST.
Earnings
Expenses

Net Earnings
Interest. Rental, etc

Profit to Pa. RR, Co

24.293.145

30.067,098
21.168,353

22.619.925 11 24.246,121 >54 24.255.35S 07 26,305,616 41 27.066,593 83

33,508.864! 40.324.498 37.894.369 40,927,05045,263,89097
22.613.171 26.63l.U5s 27. - 927,73730.913,87656

! ' ' i

27,499,293
-69,378

8.898,745
9,991,719

10.895,693 13.092.S40
10,759,744 11.74K.U61

10,505,986
10,974.726

12.9P9.313 14,350,014 41
11,985,448 12..J'./3.081 95

14,640,906
11,977.936

135,94'.i; 1. 946.580J .

4 6s". 4 70

1,013,S65| 1.756,93246

2.662.970

Loss to Pa. RR. Co

1.092.974

RAILROADS OWNED AND CONTROLLED BY THE PENNSYLVANIA RR. Co.

Wash. So.
Ry.

No. Cent.

Ry.

Balt.&Pot.
RR.

Cum'land
Vy. RR.,

Proper.

Allegheny
Vy RR.

West Jer-
sey RR.

Camden r> TT *. TJ
& Atlantic P'^fp&B-
RR.

Gross Earnings
Gross Expenses. ..
Net Earnings
Other Receipts
Available Revenue
Interest on Bonds.
Other Interest, etc.
Rentals, etc

«

297.940 82
231.337 10
66,603 72

'66.60372
50.UOO 00
5,690 51

6.820,568501.808.24510
4.917.221 81 1,349,36159
1,903.346 69 45S.833 51
377.181 03 10.520 50
2.2-^.527 7-1 475.410 01
807,400 00 420.000 00
156:805 60 35.552 31
619,814 81 ;

s

074.1*1 *7
189,108 20

2.548^794 06
1.521.941 42
1,026,862 04
2,359 17
1.029,211 81
1,102,000 00
104,142 o4

9

1.658.090 75
1.216,987 09
441.103 66
9.8'.t5 »•*
450.99894
209.310 S8
24,241 34

$ -

800.970 27 7.194.i»9S 65
649,253965.,
151,716 31 1,901.876 31
O^Q 504 _|q

189.108 20
21.640 00
11.91542
16.181> 00
151.279 20
142.228 00
9.051 20

151.71631 2.161. 470 SO
1 126,471 58 236.063 54
104 535 17

799 ^90 56

N'et Revenue
Dividends Paid
Surplus

10,913 21
' 10.913 2i

696.50731 19,85770
526.263 50
170,243 81 19,857 70

d 176.930 73
''rf 176,930 73

217.44*5 72
* 150.640 75
06.805 97

25.244 73 1.020.981 53
S27.854 5«i
25.244 73 193,627 03

* Seven per cent on ordinary stock, and six per cent on special guaranteed stock, t Including rentals, etc.

The company also operates the Camden and Philadelphia Steamboat Ferry, connecting
the lines terminating at Camden and Philadelphia, and the West Jersey Ferry, plying
between the same cities. Their income accounts are given below :

Gross
Earnings.

Expense

s.

Net
Earnings.

Int. on Mtges.
Taxes, etc.

Surplus.

Camden and Philadelphia Steamboat Ferry Co.
JOY Ferry Co

=27 33
146.341 64

g 122.965
10U.3S4

00

19

S135.4G1 43
39.957 45

«6.067 63
' 18.716 75

$120.393 SO

Totals

«404.768 97

*-22V 350

ii'")

$175.418 88

^24 7^4 3*

34 50

OPERATIONS OF ANTHRACITE COAL COMPANIES.

Susquehanna
Coal Co.

Summit Br.
RR. Co.

Lvken'8 Val.
"Coal Co.

Mineral RR.
& Mining Co.

Total.

Gross Earnings

I

4 327 959 43

1 289 819 96i

S
943 484 75

1 401 905 56

7 963 169 '0

Gross Expense*

4 55° 676 06

1 235 423 56

984 766 53

1 650 121 8°

8 422 Q8T Q~

Net Earnings . . .

d. 224 716 63

54 3Q1 40

d. 41,281 78

d. 248 216 26

d '459 818 27

Interest on Bonds etc

94 110 16

79 345 00

173 455 16

Deficit

31S.826 79

24,948 60

41,281 78

243 21tt 26

633 °73 43

Tons Coal Mined

1 469 480 09

356 7°0 03

268 076 03

503 644 05

** =;Q7 qon (v\

Tons Coal Sold
Amount Receired at Point of Sale. . . .

1.457.196 111
S4.l82,o8S 50

360^346 IS'
J1.20U.731 62

<39 17
$935,108 66

466.267 12
$1,351.180 80

.751 06
^.609 58

846

POOR S MANUAL — PENNSYLVANIA RR. CO.

The average receipts per ton at point of sale, aggregating the results of the four coal
companies for 1891 were $3.02, as against $3.07 in 1890.

PENNSYLVANIA CANAL COMPANY.
The following statement shows its operation in 1891 as compared with 1890 :

Gross
Earnings .

Ex-
penses.

Net
Earnings.

Interest
on
Bonds.

Deficit.

1891 . . .

i

122 923 50

115 663 78

7 259 72

157 3~)0

1 50 0^0 28

1890

169 095 88

116 °74 62

52 821 26

159 900

107 078 74

Increase

43 01 1 54

Decrease .

46 172 38

610 84

45 561 54

2 550

The aggregate tonnage for the year was 415,241 net tons ; an increase, as compared
with 1890 of 53,843 tons. The anthracite coal tonnage decreased 34,2?6 gross tons, and the
lumber tonnage, including logs, decreased 11,040 net tons.

LINES WEST OF PITTSBURGH.

The following statement gives the result of the lines west of Pittsburgh operated by the
Pennsylvania Company and the Pittsburgh, Cincinnati, Chicago and St. Louis Ry. Co.:
The total earnings of the Pennsylvania Company on lines operated directly by it

were $21,105,977 71

Expenses 12,655,405 09

Leaving net earnings

From this deduct :
Rental, interest, and liabilities of all kinds chargeable thereto.

$8,450,573 62

6,724,634 26

Net profit on Pennsylvania Company's lines?

The total earnings of the Pittsburgh, Cincinnati, Chicago and St. Louis Railway

Company on lines operated directly by it were $17,578,629 84

Expenses 13,003,955 17

$1,725,938 36

Leaving net earnings

From this deduct :
Rentals, interest, and liabilities of all kinds chargeable thereto

Net profit on Pittsburgh, Cincinnati, Chicago and St. Louis Ry. Co.'s lines

Net profits on lines west of Pittsburgh

Net profits on lines west of Pittsburgh for 1890

Comparative increase on lines west of Pittsburgh for 1891

1. 574,674

$8,683,991

890.682

$2,616.621 24
1,700.615 92

$916.005 32

The other lines west of Pittsburgh, on account of which the company has assumed direct
obligations, or in which it is largely interested through ownership of securities, but which
are operated through their own organizations, are the St. Louis, Vaudalia and Terre Haute
RR., Grand Rapids and Indiana RR., and roads operated through its organization ; East St.
Louis and Carondelet Ry., Cincinnati and Muskingum Valley Ry., and the VVaynesburg and
Washington RR.

The aggregate gross earnings of these road.s \\ ere $5,525.676 21

Expenses 3,910,017 87

Net earnings

Deduct rental, interest, etc.

Profit...

$1,615,658 34
1,550,769 77

Of this profit this Company, under existing contracts, is entitled to

Which, added to the profit shown in the preceding statement

Leaves a net profit on all lines west of Pittsburgh for 1891

Profit on lines west of Pittsburgh for 1890

Showing a comparative increase for 1891 compared with 1890 of

$64,888 57

46,348 98

2,616,621 24

$2,662,970 22
1,756,932 46

$906.037 76

TOOR'S MANUAL — PENNSYLVANIA RR. CO. 847

SUMMARY OP CAPITAL EXPENDITURES UPON WESTERN LINES.

The following statement will show the amounts that have been expended during the
past year for construction, equipment, and real estate upon the lines west of Pittsburgh :

Pennsylvania Company, principally for real estate and equipment $836>450 2H

Credit by Real Estate sold " 40000

$836,050 36

Pittsburgh. Fort Wayne and Chicago Ry 496,748 44

Cleveland and Pittsburgh RR ' 62,083 32

Brie and Pittsburgh RB 215.41142

Pittsburgh, Younsjstown and Ashtabula RR 136.603 10

Toledo. Walhonding Valley and Ohio RR 699,887 51

Indianapolis and Vincennes RR 2,52100

Pittsburgh. Cincinnati. Chicago and St. Louis Ry., Main Line. . ., §539.831 14

Pittsburgh. Cin., Chicago and St. Louis Ry., New Cumberland Branch 11.935 59

Pittsburgh. Cin.. Chicago and St. L. Ry., Bridgeville and McDonald Br. . . 20.403 27

572,170 00

Pittsburgh, Wheeling and Kentucky RR 4.071 29

L'ttle Miami RR 11H.061 38

Cincinnati and Muekingum Valley Ry 10.15398

Ohio Connecting Ry 81.865 19

South Chicago and Southern RR 1.78913

Pittsburgh. Ohio Valley and Cincinnati RR 187,065 82

Calumet River Ry '. 5580

State Line and Indiana City Ry 13,412 94

Marginal Railroad in Beaver Falls. Pa 2,66150

Rochester, Beaver Falls and Western Ry 36 50

Total amount expended for construction, equipment, and real estate during 1891

On account of these advances there has been received in cash

Leaving the sum invested in cash for construction, equipment, and real estate $2,603.417 91

•' The main items of betterment expenditure on the western lines were in I he construction of second, third,
and fourth tracks and sidings, the extension of yard facilities, the erection of bridges and viaducts, the improve-
ment of the docks at the lake ports, the purchase of real estate at the termini of the various divisions, and addi-
tions to the equipment. The funds for these purposes were largely advanced by the company. These lines have
now reached a point where the volume of their traffic requires a large extension of double track, especially in
view of the exceptional demands that will be made in connection with the Exposition at Chicago in 1893. It will
probably be necessary to expend on this work and on additional motive power and equipment during the current
year between six and seven millions of dollars. There were used in construction and repairs on the north-
western lines operated directly in your interest 9.435 tons of new steel rails, and on the south-western lines 11,023
tons, making an aggregate of 20,458 tons.1'

SINKING FUNDS.

There have been redeemed through the sinking fund $1,839,000 of the issue of $3,200,-
000 of the Pennsylvania Company's 6 per cent, bonds, secured by Pittsburgh, Fort Wayne
and Chicago Ry. Co. stock as collateral, leaving the amount outstanding $1,361,000. No
further redemptions could be made of the 4£ per cent, bonds secured under the $20,000,000
mortgage of that company, so that the amount outstanding at the close of the year was $19,-
467,000.

The report made by the trustees of the sinking funds of the first and second mortgages
of the Pittsburgh, Fort Wayne and Chicago Ry. Co. shows that the regular annual paymei.t
of $104,100 was made thereto. They redeemed during the year $124,500 of the first mort-
gage and $107,000 of the second mortgage bonds, making the total amount redeemed to
December 81, 1891: First mortgage bonds, $1,996,000; second mortgage bonds, $2,411,000.
With a balance of cash in the hands of the trustees, uninvested, December 31, 1891 : On
account of first mortgage sinking fund, $947,547.05 ; on account of second mortgage sinking
fund, $759,769.78— total, $1,707,316.83.

The further amount of $175,549.32 was added to the sinking funds provided for the
redemptiou of the existing mortgages of the Cleveland and Pittsburgh RR. Co., in addition
to the amounts contributed directly to other sinking funds by the individual companies.

Under the terms of the lease, the Cleveland and Pittsburgh RR. Co. authorized a new
issue of $10,000,000 general mortgage bonds to provide for the payment of maturing and
other outstanding obligations, and the amounts due from time to time for betterment ex-
penditures. In pursuance of this arrangement, an issue of $3,000,000 of these bonds, bear-
ing 4| per cent, interest, was made on January 1, 1892, and sold on satisfactory terms; a
portion of the proceeds being used to payoff the $1,104,804.63 of prior lien 6 per cent,
bonds maturing at, that date, and to retire $1,010,000 of their 7 percent, construction and
equipment bonds.

The earnings of the Grand Rapids and Indiana RR. Co. were insufficient to meet the

848

POOR S MANUAL — PENNSYLVANIA RR. CO.

interest on its funded debt and provide for the necessary betterment expenditures during
the year ; and this company, under its guaranty of $4,000,000 of their 1st mortgage bonds,
purchased $275,380 of the coupons thereon.

'• In pursuance of the guaranty of these bonds the power to vote a majority of the stock of that road is vested
in this company until their maturity, October 1, 1899 ; but the Grand Rapids and Indiana RR. Co. having, in con-
nection with the owners* of the lands that form an additional security therefor, offered to the holders of its 7 per
cent, bonds to extend them for 50 years, from July 1, 1891, at the rate of 4£ per cent, per annum, proposed to per-
mit the voting control of the stock to remain with thts company until" the maturity of the extended bonds.
provided this company would guarantee the principal and interest thereof, amounting to $5.375.000. An agree-
ment to the above effect was entered into March 18, 1891, and $952,000 of these bonds had been so extended at
the close of the year. There are yet outstanding $3,029,000 of the guaranteed, $458,000 of the unguaranteed land-
grant, and $936,000 of the ex-land grant 7 per cent. 1st mortgage bonds of that company."

The land department made sales of 19,447 acres of farmlands and 1,975 acres of pine land,
for the aggregate price of $191,093.96, being an average price of $8.92 per acre, and in addi-
tion thereto received from the sale of the timber right on a large body of land, $161,500.
The amount sold to the close of the year, after deducting cancelled contracts, was 542,069
acres, and the aggregate price received therefor was $7,159,052.74, an average of $13.21
per acre.

The assets on hand, December 31, 1891, applicable to the redemption of the first mort-
gage land grant bonds were : Cash in hands of the trustees, $772,035.99 ; in hands of cashier,
$7,763.25 ; bills and accounts receivable in hands of cashier, $416,091.95 ; bills receivable
and securities in hands of trustees, $813,679.44— total, $2,009,570.63.

Summai.y of lines east and west of Pittsburgh, operated by the Pennsylvania ER. Co..
Pennsylvania Co., or controlled organizations :

1891

1890

INCREASE.

Gross Earnings from Traffic

$
134.254,612 51

133,521.622 56

$'
732 989 95

Grose Expenses, excluding Rentals, Interest, Dividends, etc

91,819,660 15

92,003,364 77

183.704 62

42 434 952 36

41 518 257 79

916 694 57

Statement showing earnings, expenses, and rentals of all lines east of Pittsburgh and
Erie operated by the Pennsylvania Railroad Company from 1864 to 1891 inclusive :

Gross Operating
Earnings. Expenses.

1865.
1866.
1867.
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.

Paid.

$ $ $

15,890,205 64 11,461,741 49 540,881 35

19,533.310 28 14,913,969 41 848,778 46

19,124.934 63 14,726.484 53 1,019,412 26

18,673,916 30 13,94L538 39 962^147 80

20,037,747 67 1 13,697,035 78 1,186,647 34

20,513,517 02 14,321.479 55 j 1,341.28048

20.675,751 53 13,591,878 62i 947,073 13

22,262.100 58 14,296,696 68! 1,202,040 33

36,448.503 36 24,112,901 Oil 4,746,166 08

39,983,138 91 26,237,850 05: 5,117,926 18

37,386.427 27 22,357.349 59 6,230,564 26

34,464,104 38 21,094,461 31! 6,201,728 53

36.891,060 99 22,081.229 34; 6,308,828 92

21,117,146 18 19,028:467 24 0,351,242 12

RR. Co. £

3,887,58280 :1878.
3,770,56241 '' 1879.

3,379,03785 1880.

3,770,23011 LS81.

5,154,06460 1882.

4,850,75699 1883,

6,188,79978 1884.

6,763,36357 1885.

7.5K9,4.'3f5 27 1886.

8,627. 362 OS 1887.
8,798,213 42: 11888.

7,167.91454 1889.

8,501,00273 1890.

5,737,43682 1891.

Gross

Earnings.

Operating
Expenses.

Rentals
Paid.

31,636,734 58 18,468,993 71
34,620.27'U 17 20.382,740 15
41.260,072 49 24,625.047 57
44.124.1828326,709,80993
49,079,833 62 30,647,405 45
51,083,2521081,747,15044
48,566,917 84 30,527.016 02J
•45,615,033 55:29,479,764 84!
'50,379,077 00 32,619,51)4 fil
[55,671,313 13 37,086,584 80
58,172,0776889,831,153 14'
61.514,445 ll!41,096,805 64i
66,202,259 83 44,980,55 1 r,7
67,026,666 68 45,584,219 S2

5,994,433 \\
6,245,113 16

".992,4*5 Sfi

7.029.07253 9,605,95239
7,116,891 IS 10,297.981 72
7,906,1 W> 52 10.52C..-.
8,417,123 32 10,918. UTS :',4
8,592,60666 9,447.29516
8.530,931 till 7.fi())..r,r02
S.'.KiVMfJ 73 8.S2U':Jl)fi«5
9,136,17795 n. 44s. :>:>() 3s
H.60S.64H23 « i. •.>:{:.'.',' I r> 2!)
10.iM2.171 7310.375.
10,421,04(1 00 11.4S.V
10,482,13276 11,971.-

Comparative statement of passenger and freight traffic on lines east and west of Pitts,
burgh for the years 1890 and 1891 :

1891

1890

1891

1890

Tons.

Tons 1 Mile.

Tons.

Tons'l Mile.

Passenger

PMS. 1 Milf

Passenger

Pass. 1 Mile

E.of Pitts. AErie
W. of Pittsb'gh.

Totals

93,436,515
37,556,084

8,553,382,906
3,732,331,801

92,884,362
44,532,62.3

137,416,985

8,521,694,739
4,131,799.228

68,684,033

18.250,484

86,934,517

1,201,891.842
441.021,385

66,199,752
17,912,708

1.171,32

1-_"v2i 15.044

1,599.'.:

129,992,599

12,2.85,714,707

12,653.493,967

1,642,913,227

84,112,460

POOR'S MANUAL — PENNSYLVANIA RR. CO.

849

The aggregate amount of new steel rails used in construction and repairs in 1891 ou all
lines owned, controlled, and operated by this company east and west of Pittsburgh was
92,694 tons.

General Balance Sheet, D.f-mh, /• 31, 1891.

Ci.

Cost of Road, including cost of Harrisburg. Portsmouth, Mt. Joy and Lancaster

RR. Co. (.-eo Contra) $49,326,681 74

Equipment, Including Shop Machinery, and also including Equipment of Canal,

Consisting of Schooners, Barges, and Tug;? 23.K29.454 06

Real Estate 15,842,606 40

Total Amount Charged to Construction, Equipment, and Real Estate . . . $93.798,802 20

Girard Life Insurance, Annuity and Trust Co., Trustee, Special Equipment Acct. 3,085.360 44

Bonds of Railroad Corporations, C'ost $38,049,144 25

Srocks of Railroad Corporations 63.021,735 34

Bonds and Stocks of Other Corporations. Coal. Canal, and Bridge Companies, and

Other Investments not Otherwise Enumerated 8,523,902 19

114.599,781 78

Managers of Trust Created by Pennsylvania RR. Co.. October 9, 1878 4,159,102 98

Consolidated Mortgage of July 1, 1873, Sinking Fund $4,040.680 00

Less Bonds Redeemed and Cancelled 1.771.930 00

2,268,700 00

Insurance Fund 10,00000

Mortgages and Ground Rents Receivable 31,450 00

Appraised Value of Securities Owned by United Companies $3,733,444 60

Equipment of Road and Canal Owned by said Companies 853,626 37

4,587,070 97
Materials on Hand 4,314.050 50

Bills and Accounts Receivable and Advances to RR. Corporations :

United New Jersey RR. and Canal Co.— Construction Account $3.795.604.34

Sinking Fund and Redemption Account. 2.350.700 00

Real Estate Account 2.194,650 55

Philadelphia and Trenton RR. Co.— Construction Account 1,299.478 09

Real Estate Account 326,529 24

Other Companies 13,587,320 76

23,554.282 93
Cash Balance in Joint Stock Bank. London, and Other Parties, to Pay Coupons

Due January 1 and March 1, 1892 1.020,331 49

Cash Balance in Hands of Superintendent? and Agents $2.989.295 25

Cash Balance in Hands of Treasurer 7,109.552 59

10,C98,847 84

Total Property and Assets of the Company $266,727,87083

Dr.

Capital Stock (253,542 shares at $50 per share) $126.771. 200 00

Funded Debt (for details see page 850) 66,166,840 00

Trust Certificates 7.909,000 00

Guaranteed Stock and Bonds of Harrisburg, Portsmouth, Mt. Joy and Lancaster

RR.Co 1,382,55000

Mortgages and Ground Rents Payable • 3.014,286 39

Trustees Sinking Fund Consolidated Mortgage. 431.43321

Accounts Payable (Pay Rolls, Accounts. Dividends, Scrip, etc ) (see page 850) 23,181.160 58

Appraised Value of Securities Owned by United X. J. RR. and Canal Companies,

and Transferred with the Lease $3,733,444 60

Equipment of Road and Canal Owned by said Companies and Transferred wirh

the Lease 853,626 37

4.587.070 79

Guaranteed Security Fund 4,257,815 40

Sinking Fund Consol. Mtge. Bonds, Bonds Redeemed, and Securities Purchased. 4,040.680 00

Payments for Leased Equipment, 4 p. c. Equip. Trust Loan 161,000 00

Balance to Credit of Profit and Loss 24.a34.834 33

Total Liabilities of the Companies $266,727,870 88

54

850

POOR'S MANUAL — PENNSYLVANIA RB. CO.

During the past year the capital stock outstanding was increased by $3,689,150 to
$126,771,200, due to the conversion into capital stock of that amount of scrip issued on
account of the dividend of May 29, 1891.

The trust certificates (originally $10,000,000) were issued to provide part of the means
for the purchase of the P., W. & B. RR. (see SUMMARY OF PROGRESS, in MANUAL of 1882,
page 288), and bear interest at 4 per cent. For the payment of these certificates the faith of
the Pennsylvania RR. Co. is pledged, and they are further secured by a deposit of 200,000 of
the shares purchased, with the Pennsylvania Co. for Insurance on Lives and Granting
Annuities as trustee. The dividends upon this stock, after providing for the interest on the
then outstanding certificates, are applied as a sinking fund for their purchase and cancella-
tion, whenever they can be obtained at a price not exceeding par.

The item " Accounts Payable," in the General Balance Sheet, consists of the following :
Pay rolls and vouchers, $6,849,609.55 ; traffic balances due other roads, $1,018,795.97 ; due
other roads other than traffic balances, $15,127,797.93 ; interest on bonds matured and uncol-
lected, $90,429.82; dividends due stockholders uncollected, $89,271.25; dividend scrip
due stockholders uncollected, $5,122.18 ; interest on stock allotments, $133.88 — total,
$23,181,160.58.

The total line charged in construction account for road between Philadelphia and Pitts-
burgh includes the Harrisburg, Portsmouth, Mt. Joy and Lancaster RR., 109.22 miles, rep-
resented by $1,882,550 guaranteed stock and bonds of that company ; the branches to Indiana,
Hollidaysburgh and Morrison's Cove ; branch at Tyrone and branch to connect with P., V. &
C. RR. and branch ; Columbia Bridge ; branches from Columbia to York, and sundry other
branches and extensions, and including wharves and grain elevator, and cost of stations,
warehouses, and shops. The equipment, charged in equipment account, consists of loco-
motives, passenger cars, baggage, mail, and express cars, freight cars, and road cars, as well
as shop machinery, steamboats, car-floats, and canal equipment, schooners, barges, and tugs.

Statement of funded debt outstanding, December 31, 1891 :

CHARACTER OF BONDS.

Date.

Due.

Interest.

Outstanding.

Int. Charge.

Gen. Mort. (coup. & reg).. .

Consol. Mort. (coup. & reg.)

Consolidated Mortgage
Navy Yard Mortgage (reg.)
Collateral Trupt Loan
Equipment Trust Gold Loan

Total

1870

June 15,1873

1879

1875
1883
1889

1010

June 15, 1905

Dec. 1, 1919
Jan. 1, 1901
June 1, 1913
Sept. 1, 1914

( coup., Jan. & July I
6 P- c" 1 reg.T April & Oct. f
R ( coup., June & Dec. i
6p-c-1reg.,M., J., S. &D. f
6 p. c. June and December. . .
5 p. c. January and July
4£ p. c. June and December. .
4 p. c. March and September.

$19,997,820

27,480.020

4,998,000
1.000,000
9:900,000
2,791,000

$1,199,869 SO

1,648,801 20

249.900 00
50,000 00
450,000 00
111,640 0(>

66,166,840

$3,710,210 40

The general mortgage bonds are secured, under a deed dated July 1, 1867, by a mortgage
of $35,000,000 on the railroads, real and personal estates, premises, hereditaments, etc., made
to two trustees for the benefit of the holders. The sterling bonds issued under this mort-
gage (£2,781,200) are all coupon, and are indorsed by the London, Asiatic and American Co.,
Limited, of London. Interest payable at Philadelphia or at London Agency. Listed on
Philadelphia and London Stock Exchanges. Also quoted at Dublin, Glasgow, Leeds, and
Liverpool .

The authorized issue of consols of 1905 is $100,000,000, and they are secured on the
entire property and franchises of the company, including rolling stock. Of the amount out-
standing $23,469,000 or £4,693,800 are sterling bonds, issued in London in September, 1873,
and December, 1874, and bear the indorsement of the London, Asiatic and American Co.r
Limited. Interest is payable in London January 1 and July 1 ; principal in London July 1,
1905, by the action of a sinking fund of 1 per cent., which is applied by purchase if the bonds
are under par, or accumulated if they are not. The currency issue is identical with the
sterling in every respect, except that interest is payable June 15 and December 15, nt,
Philadelphia, and that the principal is redeemable at the same place June 15, 1905. All
bonds are for $1,000 each. Listed on Philadelphia and London Stock Exchanges. The

POOR'S MANUAL — PENNSYLVANIA RR. CO.

851

sterling issue is also quoted at Dublin, Glasgow, Leeds, and Liverpool, and the currency issue
at Glasgow.

The authorized issue of the collateral trust loan was $10,000,000, of which $100,000
have been retired by the action of the sinking fund. The bonds are for $1,000 each to
" bearer," and are a direct obligation of the company. They are secured by deposit with the
Provident Life and Trust Co. of Philadelphia, of $13,300,000 bonds of subsidiary lines. The
bonds are not liable to be drawn or compulsorily redeemed before maturity, but a sinking
fund of 1 per cent, will be applied half yearly to their purchase if they can be obtained
below par and interest. They may be registered with the transfer agent at Philadelphia, in
which case no transfer is valid as to principal, except upon the books of the company, unless
the last transfer be to bearer, which restores its tran^ferability by delivery. The bonds are
subject to successive registrations and transfers to bearer at the option of each holder, but
the coupons in all cases remain to "bearer.'! Interest is payable at Philadelphia, in gold,
free of all taxes. Listed on Philadelphia and London Stock Exchanges.

Interest on first mortgage consols of 1919 and Navy Yard mortgage is payable in Phila-
delphia, and the bonds are listed on tbe Exchange of that city.

Statement showing stocks owned by the Pennsylvania RR. Co. December 31, 1891 :

Number of
Shares.

NAME OF SECURITY.

Rate of
Par.

Par Value.

25,021
743
14,185

81,622
12.000
2,827
2,000
15.000
4,682
9,089
4,316
6.677
22,000
12,000
10
25.554
7,286
2,000
19.516
8,242
2,502
2.000
2.500
8,113
9,220
378
10,642
4.484
4,000
8,100
14,500
3,810
1.500
1.533
4,000
6,000
22,209
10
21
5,055
9,013
21.163
2,742
2,025
16,667
440
5,180
2,535
5,000
8,000
691779
18,500
rO,343
145

Allegheny Valley RR Co .

S50

50
50
50
50
50
50
50
5(J
50
50
50
50
50
50
25
25
50
50
50
100
100
50
50
100
100
50

$1,251.050 00
3.715 00
706.250 00
4.081.100 00
600.000 00
141.350 00
100,000 00
750.000 00
234,100 00
451,950 00
215,800 00
333, &50 00
1,100.000 00
600,000 00
.500 00
1,277.700 00
182,150 00
50,000 00
975.800 00
112,100 00
125,100 00
200,000 00
250.000 00
405.650 00
461,000 00
37.800 00
1.064.200 00
224.200 00
20.000 00
10,500 00
725,000 00
381,000 00
75.000 00
76,650 00
200.000 00
30,000 00
1,110,450 00
500 00
1,150 00
•-2.V2.750 00
901.300 00
1,058.150 00
137.100 00
1,012 50
100,002 00
•-2--2.000 00
25&-.000 00
63,375 00
25,000 00
400,000 00
3,488.950 00
925.000 00
3,517.150 00
145,000 00

Altoona Mechanics' Library and Reading- Room Association .
Bald Ea^le Valley RR Co

Bedford and Bridgeport Ry Co . .

Belvidere Delaware RR Co

Bu^tleton RR Co

Cambria and Clearfleld RR Co

Camden and \tlautic RR Co common ...

Camden and Atlantic RR Co preferred

Camden and Philadelphia Steamboat Ferry Co ....

Cleveland Mount Vernon and Delaware RR. Co., common

Columbia and Port Deposit Ry Co

Columbus and Xenia RR. Co ..

Cresson Springs Co , common ...

Cresson- Sprin0^ Co preferred

Cumberland Valley RR Co.. common . .

Cumberland Valley RR Co first preferred f

Cumberland Valley RR Co., second preferred. . ...

Cumberland Vallev and Martinsbur0' RR Co

Downin<rto\vn and Lancaster RR Co

Frederick and Pennsylvania Line RR. Co., preferred
Freehold and Jamesbur°r Agricultural RR. Co

Girard Point Storage Co

Hanover and York RR. Co

Harrisburg and Bedford RR. Co., instalment

Homer and Susquehanna RR. Co.. instalment

International Navigation Co

50
100
50
50
50

Jersey City and Bergen RR. Co

Johnsonbnr°p RR Co

Junction Rh. Co
Kensington and Taconv RR. Co

Lebanon and Reading RR. Co., instalment

Lewieburg and Tyrone RR. Co

50
50
50
50
100
50
50

Little Miami RR "Co

Littlestown RR. Co .

Long Beach RR. Co... ... .

Louisvil 1 e Bridge Co

Manor Real Estate and Trust Co.

Mifflin and Centre County RR. Co

Milford and Bay Shore RR. Co., instalment

Mineral Railroad and Minin°r Co., instalment ....

McKeesport and Bessemer RR. Co

50
50
25
5
50
50
50
50
1,000

Nescopec RR. Co

Newark Plank-Road Co.

New Jersey Warehouse and Guaranty Co. . .

New York Bav RR. Co

Northern Central Rv. Co

North and West Branch Ry. Co

P'-unsvlvania Canal Co

Pennsylvania Car Trust

852

POOR'S MANUAL — PENNSYLVANIA RR. CO.

Number of
Shares.

NAME OP SECURITY.

Rate of
Par.

Par Value.

400,000
1,095

141,839
4,065
565
3,331
5,000
7d,036
48,000
15,300
5
90
19,995
217,819
4,000
31,004
14,7251^
32,608
10,000
4,000
9,820
4,320
2,000
560
21,145
8,370
43,804
80,000
5,720
21,368

19,200
2.000
5,000
20.000
13.500
19,998
3,300
573
5,286
35.067
1,660

Pennsylvania Co

50
1,000

2i MM MM MX) 00
l.<i'.r>.000 0:)

7.091. 9:>0 (K)
-.0(1 IK)
£60 INI

i (;»-,/

•."00 00
8,501
2,400.

Mill IN)

500 00
100 00

W.i..

.1,000 l»0
8,100,
1,472

1.630.400 00
500,000 00
41 MX 10 00
491,000 <iO
21*;.'
10.000 00
28,000 00

1,05;

.000 00
2,190.200 00

i.oooiooo oo

000 00
2,13f..
43,250 00
1.920.000 00
lOi ..000 00
250,000 00
1,000,000 00
1.350,000 00
999,900 00
105.000 00
143.2.-0 00
264..W. 25
1,753,

'00 00

Pennsylvania Equipment Trust

(P. RR. Co.). dividend Scrip. Mav •„'<.). 1S91...

Pennsylvania Schuvlkill Valley RR Co

50
100
50
BO
BO
50
50
50
100

Pennsylvania Steel Co

Pennsylvania and North Western RR Co ...

Perth Amboy and Woodbridge RR CD

Philadelphia and Delaware Countv 1»R Co ....

Philadelphia and Erie RR. Co., common

Philadelphia and Erie RR Co , preferred

Philadelphia and Lon^ Branch RR Co

Philadelphia and Trenton RR Co ...

Philadelphia General Exchange Co., instalment

Philadelphia, Germantown and Chestnut Hill RR Co.

50
50
50
100
100
50
50
10
50
50

"56"
50
100
50
50
50
100
50
100
50
50
50
100
50
50
250
50
50
50

Philadelphia, Wilmington and Baltimore RR. Co
Piedmont and Cumberland Ry Co

Pittsburgh, Cincinnati, Chic. & St. Louis Ry. Co.. pref. and $50 scrip..
Pittsburgh. Fort Wayne and Chicago Ry. Co., guaranteed special
Pittsburgh, Virginia and Charleston Ry. Co.

Poineroy and "\ewark RR. Co

Port Richmond and Bergen Point Ferry Co ....

Ridgway and Clear-field RR. Co

River-Front RR. Co

Roxborough RR. Co., instalment
South Fork RR Co

South West Pennsylvania Ry. Co

St. Louis, Vandalia and Terre Haute RR. Co., first preferred

Summit Branch RR. Co ...

Sun bury, Hazleton and Wilkesbarre Ry. Co

Susquehanna and Clearfteld RR. Co . . ...

Susquehanua Coal Co

Tipton RR Co.

Toledo, Walhonding Valley ai:d Ohio RR. Co

Trenton (Jut-off RR Co

Turtle Creek Valley RR. Co.

Tyrone and Clearfield Rv. Co

United New Jersey Railroad and Canal Co.

Washington Southern Ry Co

West Chester RR Co

West Jersey Ferry Co . . .

West Jersey RR Co , and $246 25 dividend scrip

Western Pennsylvania RR. Co. .. . ...

We*t 1'i'iin and Shenaivo Connecting Ry. Co

Grand Total

$100,728,057 29

Statement of bonds owned by the Pennsylvania RR. Co. December 31, 1891 :

NAME OF SECURITY.

Number
of Bonds.

Rate of Par.

Par Value.

Allegheny Valley RR. Co. funded debt mortgage, 7s coupon
\mericaii Bottom Lime Marble, and Coal (Jo. 7s gold coupon ...

.->.:, 10

200

$1,000
1,000

$5.510,000 00

•Jill! DIM) (M)

Baltimore & Potomac RR. Co. consolidated mortgage 5s reg. coup. gold.
Bedford and Bridgeport Ry. Co. certificate of indebtedness 5s
Belvidere Delaware RR. Co. consolidated mortgage 7s coupon

3,000
1
702

1.000
1,700,000
1,000

3,000.1 KM IM)

1,700,

. "HI 00

Burlington County RR. Co. 1st mtge. (Vincent-nvn Br.), overdue, 6s reg.
Cambria and Clearfield RR. Co. 1st mrge. 5s gold coupon registered
Central Stock Yard and Transit Co. 1st mortgage 7s coupon
Chic., St. Louis vfc Pittsb. RR. Co. 1st cons, mtge., sink, f d, 5s gold coup
Chic., St. Louis & Pittsb. RR. Co. 1st cons, mtge., sink, f d. 5> gold reg.
Cincinnati and Muskingum Valley RR. Co., 1st mortgage 7s coupon . . .
Cincinnati, Richmond and ( 'hie. RR. Co. 2d mtge. 7s coupon, overdue. .
Cleve. and Pittsb. RR. Co. construction and equip, betterment 7s coup.
Columbia and Port Deposit Rv Co Is mortgage coupon

30
890

300

162
754
66
270

1,800

600

1,000
1,000
1,000
1,000
1,000
1.000
1,000
1 0!M)

ir,.oou (HI
320.01 N' DO
300,1

- J.DOD 00
1K2.000 Ml
7'54.000 00
65.0.'0 00

270,1
1,800,000 00

100

1 000

100000 00

( 20: 1
•\ 10

1,000 )
500 >

210 100 00

Frederick and Pennsylvania Line RR. Co. 1st mtge. 6s gold coupon —
Freehold & Tame^bur** Agricultural RR Co certificates of indebtedness

/ 51

» it;;

"/ 131

100 )
1.000 1

500 f

232,500 00
1 500 00

Gettysburg and Harrisburg RR. Co. 1st mortgage 6s coupon
Girard Point Storage C'o 1st mort^a^e 3|s registered

•; •;

90S

l.DMj) /

:>oo f
1,000

19.000 00
908,0

Grand Rapids and Indiana RR. Co. 2d mortgage 6s coupon
Indianapolis and St. Louis RR. Co. 30-yur (is -old coupon

2,700
.500
340

1.<IO<>

1,000
1,000

2,70n.
500.1

Iron Car Equip. Co. 2d mtge. 5s coup, (and $58.19 non-int. -bearing scrip).

•: '!

1.000 /
100 l" :

10,8

POOR'S MANUAL — PENNSYLVANIA mi.

853

XA.MK OF SKC IT.ITY.

Number
of Bonds.

Kate of Par.

Par Value.

Jeff-rsonv., MadNon * Indianapolis RR. Co. 1st mt<re., sink. f'd. 7s coup,
•inci Bero'en RR i 'o 1st mort^a^e 7~ coupon

906
239

1.000
1,000

306.000 00

231*. 000 00

- iiihur •' lili. ( \> 1st mortgage 6s coupon ... .

150

1,000

150.000 00

Mrlv •-: •: A. !', :88i m< r RR. Co. debenture certificate of ind'tedn
If ifflin and Centre County I'll Co. 1st mort^a^e 6s coupon

1
( 100

514,

1.000 I.

514.524 73
200,000 00

llll Co l<t mort<raore

/ 200
20

500 \
1 000

20,000 00

it. Co. 5s debenture

1

200.000

200,000 00

Northern Centn'l Rv Co consolidated morffa^e K* tro!d coupon

87

1 000

2; TOO 00

North and Wt-t Branch Ry. Co. 1st mortira-^e (is coupon
Pennsylvania Canal Co. general mortgage t;s coupon

1,400
384

1,000
1,000

l,400.ooO UU
."00 00

Pennsylvania Co. 6s secured loan, registered

15

1,000

15.000 00

Pennsylvania Co. 44s coupon

2,500

1 000

2,500 000 00

Pennsylvania Schuylkill Valley RR. Co. 1st mortgage 5s registered
Philadelphia and Baltimore Central RR. Co. 1st ; _is£ered gold
Philadelphia & Delaware County RR. Co. 5s certificates'of indebtedness.
Philadelphia and Erie RR. Co. general mortgage 4s registered

70
499
260

80

100.000
1.000
1,000
1,000

7,010,000 00
499,000 00
250,00000
80,000 00

Philadelphia and Erie RR. Co. general mortgage 5s gold registered
Philadelphia and Erie RR. Co. »eneral mortgage 6s gold coupon

263

3,680

1,000
1,000

263.000 00
3,680.000 00

Philadelphia and Long Branch RR. Co.. 1st mortgage 5s coupon
Philadelphia. Wilmington & Baltimore RR. Co. 4s debenture reg. gold...
Piedmont and Cumberland Ry. Co. 1st mortgage 5s irold coupon
Pittsb.. Cincinnati A: St. Louis Ry. Co. consolidated nitge. 7- registered..
Pittsburgh. Virginia and Charleston Ry. Co. 1st mortgage 5s registered..
Pittsburgh. Wheeling and Kentucky RR. Co. 1st mortgage 7s registered. .
Pittsb., Youngstown & Ashtabula RR. Co.. 1st consol. mtge. 5s coupon..
av and cit-arfield RR. Co., 1st mortgage 5s registered . .

750
70
100
328
3,000
88
179
491

1.000
1.000
1.000
1,000
1.000
1,000
1,000
1.000

750.000 00
70,000 1 0
100,00000
326,000 00
3,000,000 00
88,000 00
472.000 00
491,000 00

Shamokin Valley and Pottsville RR. Co. 1st mortgage 7s gold coupon. ..

I'enn-ylvania Ry. Co. 1st mortgage 7s registered
St eubenville and Indiana RR. Co. 1st mortgage 5s registered.

j 490
1 180
600
51

1,000 1
500 f
1,000
1.000

580,00000

600,000 00
51, (XX) 00

Vandalia & Terre Haute RR. Co. 2d mtge. unguaranteed 7s coup.
Summit Branch RR. Co. 1st mortgage 7s coupon . ...

225

1,000
1,000

2-25.000 00

Sunbury. Haxleton and Wilkesbarre Ry. Co. 1st mtge.. serie< B. tj? conp.
Sunbury. Hazieton and Wilkesbarre Ry. Co. 2d mtge. income 6s reg
Sunbnry. Hazieton and Wilkesbarre Ry. Co. 2d mtge. income 6s coupon.
Snsqnehanna and Clearfield RR. Co. 1st mortgage 5s registered
Tvrone ai d Clearfield Ry. Co. "i-t mortgage 5s registered

179
488
6
285
1,000

1,000
1,000
100
1,000
1,000

17H.OOO 00
488.000 00
60000
00 00
1 000000 00

Washington Southern Rv. Co. 1st mortgage 5s coupon

1,000

1,000

1,000,000 00

a Pennsylvania Exposition Society 1st mortgage 6s reg. coupon. . . '

Western Pennsylvania RR. Co. (Pittsb. Branch) 1st mtge. 6s coupon
11 Pennsylvania RR. Co. 4s registered coupon

J %

( 5
6
43

1.000 ,

100 1
100
1,000

0 00

60000
43 oOO 00

Western Pennsylvania RR. Co. 1st mortgage 6s coupon

* 2

1,000 (

5.500 00

500 (

Total

«53 591 182 92

Statement of bonds and stocks owned by Pennsylvania RR. Co. for nine years :

1883

1884

1885 1886

1887

1888

1889

1890 1891

Bonds, par. . .
Stocks, par. ..

Total ...
Cost of Same.
Income

*

42.l23.SNi
83,281.719

$

45,594.300
82.464.o46

S *

47.700.300 49,739,600
S5.4ov.447 S7. 631. 427

49.538.600
93.149.307

^
50.023.000
93,600,471

50.505.000
95.869.537

•-HI 53.591.183-

125.405.519
'X'.331.7H;
4.113.059

128,058. 848
3.95»;.374

133.108.747 137.371. *>r
100,098,740104,361,076

4.446.434 3.'.iyl.«:2'.i

142.e>87.S07 '143.623.471
108,708,107 10a,296,040

4,488.. •.

14fi.374.537
4.421.4JJS

150.993.32S 154.319.240
113,183,734114
4.43!».4o4 4,852,181

Statement showing the income received from securities owned by the Pennsylvania RR.
Co. during the year 1891:

Am. Bott., Lime. M. & Coal Co., 1st 7s $14,000 00

Bald Eagle Valley RR. Co. stock 70,625 00

Bait. & Pot. RR. Co. consol. mort. 5s regis. 150,000 00

Bed. &. Bridge. Ry. Co. 5s deben. certificates 42,500 00

Belvidere Delaware RR. Co. con. mort. 7s. . 49,840 00

Belvidere Delaware RR. Co. stock 8,481 00

Bell's Gap RR. Co. 1st 7s 455 00

Cambria & Clear. RR. Co. 1st 5s coup. reg.. 5,055 38

Cam. & Phila. Steamboat Ferry C'o. stock. . 21.580 00

Cen. St. Yard & Tran. Co. 1st 7s coup. bds.. 21.000 00

Chartiers Ry. Co. stock 25.03S 75

C.. St. L. & P. RR. Co. 1st con. mtge. sink.

fund 5s coupon bonds CS9.100 00

Chi.. St. L. & Pitts. RR. Co. 1st con. mort.

pinking fund 5s registered bonds. 13.100 00

Clear. & Jeffer. Ry. Co. 1st 6s coupon bds 1,920 00

Col. & Port. Dep. Ry. Co. 4s mort. cou. bds. 72.000 00

Columbia & Port Deposit Ry. Co. stock . . . 36.000 00

Columbus & Xenia RR. Co. stock 42 00

Connecting Ry. Co. stock 76.662 00

Cum. Val. RR. Co. pre. and common stock. 97.040 00

Delaware & Schnylkill Market Co. stock. . . 10.772 35

854

POOR'S MANUAL — PENNSYLVANIA RR. CO.

Get. & Har. RR. Co. 1st 6s coupon bonds. . 1,1 40 00

Girard Point Stor. Co. 1st 3}s regis. bonds.. 31.7SO 00

Gnind Raj). & Ind. RR. Co. 2d 6s coup. bds. 81,000 00

Ind. & St. L. Ry. Co. 30-year 6s coup. bds. . 30,000 00

International Navigation Co. 6s coupon bds. 20,400 00

Iron Car Equip. Co. 2d 5s coupon bonds 540 00

Jeff. Mad. & Ind. RR. Co. 1st 7s coup. bds. 21. 49:.' 11

Jer. city & BIT. RR. Co. 1st 7s coupon bds. 16,730 00

Jersey city & Bergen RR. Co. stock 33,805 00

Johnsonburg RR. Co. 1st 6s coupon bonds. 4,500 00

Junction RR. Co. 2d 6s coupon bonds 60 00

Junction RR. Co. stock 30,660 00

Little Miami RR. Co. stock 1 ,266 00

Louisville Bridge Co. stock 72,10400

Newark Plank Road Co. stock 6,337 50

N. C. Ry. Co. con. gen. mtge. 6s coup. bds.. 1.620 00

Northern Central Ry. Co. stock 244,22(1 50

N. & W. P.r. Ry. Co. 1st 6s coupon bonds.. . 84,flOO 00

North & West Branch Ry. Co. stock. . . . 55,500 00

Peuii. & North Western RR. Co. stock 1.412 50

Pennsylvania Car Trust stock 8,656 52

Pennsylvania Co. 6s regis. secured loan 900 00

Pennsylvania Co. 4-js mortgage coup, bonds 112,500 00

Pennsylvania Equipment Trust stock 30.670 00

Penn.. Sen. Val. RR. Co. 1st 5s regis. bonds $340,000 00

Pennsylv. Steel Co. 5s mort. regis. bonds.. . 450 00

Pennsylvania Steel Co. stock 44,434 58

Perth Amboy & Woodbridge RR. Co. stock 16,655 00

Phila. & Bait. Cen. RR. Co. 1st 4is reg. bds. 15.028 36

Phila. & E. RR. Co. gen. mtge. 6s coup. bds. 220,800 00

Phila. & Erie RR. Co. gen. mort. 5s reg. bds . . 13,150 00

Phila. & Erie RR. Co. gen . mort. 4s reg. bds . 7,600 00

Philadelphia & Erie RR. Co. preferred stock 168,000 00

Philadelphia and Trenton RR. Co. stock. . . 50 00

Phil., Wil. & Bait. RR. Co. 4s deb. reg. bonds 10,346 67

Phil., Wilm. & Bait. RR. Co. stock 653,457 00

Pied. & Cum. Ry. Co. 1st 5s coupon bonds. . . 5,000 00

Pitts. .Cin..C. & St. L. Ky. Co. pr.-f . -lock. . . 9",, 012 Oil

P., C. & St. L. Ry. Co. 1st con. in. 7s re-, bds. 22.S-JO IN)

P., Ft. W., & C. Ry. Co. guar. special .-lock. . 105.735 00

Pitts.. Vir. & Char. Ry. Co. I st. 5s reg. bonds 150,000 00

Pittsb., Virginia & Charl. Ry. Co. stock. . . . 92.286 00
Pitts., Youngs. & Ashta. RR. Co. 1st consol.

mort. 5s coupon bonds 29.23706

P.,Wh. & Ken. RR. Co. In 7s reg.Jbonds. . . .

Rid-. & Clear. RR. Co. 1st 5s ieiris. bonds. . . 24,550 00

Ridgway & Clearfield RR. Co. stock 29,460 00

River-Front RR. Co. stock 10,800 00

Sham. Val. & Potts. RR. Co. lst«7s con. bds. 42,991 67

South West Penn. Ry. Co. 1st 7s reg. bonds 42.000 00

South West Pennsylvania Ry. Co. stock 105,725 00

Steu. & Ind. RR. Co. 1st 6s regis. bonds. . . . 2,550 00

St. L., V. & T. H. RR. Co. 2d 7s coup, bonds . 15,750 00

Summit Branch RR. Co. 1st 7s coupon bds. 33,600 00

S.,H. & W.Ry. Co. 1st 6scou. bds. series B. . 10

S., H. & W. Ry. Co. 2d 6s reg'. and con. bds. . . 29.316 00

Sun., Ilaz. & Wilkes. Ry. Co. stock 60,000 00

Susquehanna Coal Co. stock 128.20S oo

Tyrone & Clear. Ry. Co. 1st 5s regis. bonds. 50,000 00

Tyrone & Clearfield Ry. Co. stock 50,000 00

United New Jer. RR. and Canal Co. stock. 135,000 00

Wash. Southern. Ry. C'o. 1st 5s coup, bds . . 25,000 00

West Chester RR. Co. stock S,-250 (X)

West Jersey Ferry Co. stock 11,460 00

West Jersey RR. Co. stock 17.311 00

West. Penn. RR. Co. Br. 1st 6s coup, bonds 24 00

West Penn. RR. Co. 1st 6s coupon bonds.. . 1,565 00

West. Penn. RR. C'o. 4s mort. reg. coup. bds. 1,720 i;o

Western Pennsylvania RR. Co. stock 122,734 50

West. Penn. Ex. Soc. 1st 6s coup, regis. bds. 1,620 00

Statement of the Pennsylvania Railroad voluntary relief department for the year ending
December 31, 1891.

P. RR.

P., W. &
B. RR.

N. C. Ry.

B. & P.
RR.

W.J. RR.

C. & A.
RR.

Total.

Members .

22.975

1,916

1,912

253

144

27.200

Receipt*.

Balance on Hand, December 31, 1890.
Contributions by Members
Contributions by Companies, Account
Members Disabled over 52 Weeks. .

Interest

100.101 68
426,313 00

17,881 90
2,843 37

23,117 52
28,382 23

452 80
1,023 39

$

12,475 45
30,963 12

1,58900
555 23

2,418 43
4,230 96

137 80
13007

S
3.928 52
3,885 11

"12509

2,547 25
2,135 84

"12622

144,588 85
495,910 26

20.061 50
4,801 37

Operating Expenses as Paid by Com-
panie*

61,77549

5,588 26

o,558 12

862 01

931 30

465 73

76.18091

Total Receipts

J)ixbursements.
Death Benefits Accident

608,915 44
46,249 70

58,564 20
1,75000

52,138 92
2,00000

7,779 27
75000

8,870 02

5,275 04

7 4 1.5 42 S9
50,749 70

Death Benefits, Natural
Disablement Benefits, Accident
Disablement Benefits, Natural
Disablement Benefits, Account of

161,11990
89,585 15
153,198 40

17,685 53

15,132 50
2,360 00
6,278 00

46154

10,750 00
5,592 00
9,233 20

1.539 10

1,00000
19640
53640

14920

2,750 00
19600
'.!62 40

" 14J 00
566 40

190.752 40
98,070 55
170,774 80

19,835 37

Operating Expenses

61,775 49

5,588 26

6,558 12

86201

931 30

465 73

76,18091

Total Disbursements ....

529,614 17

31,570 30

35,672 42

3,494 01

4,839 70

1,17313

G06.3H:i IS

Balance to Credit of the Fund
Deduct Outstanding Benefit Orders,
Death Benefits Unadjusted, and
Estimated Liabilities for Existing
Cases of Disablement

79,301 27
108,911 76

26,993 90

12,444 45

16,466 50
14,141 07

4,285 26
39500

4,030 32

407 70

4.101 91
97f, 70

135.179 16
137,33668

Net Balance, December 31, 1891 . . .

* 29,610 49

14,549 45

2.325 43

3,890 26

3,562 62

3,12521

* 2, 157 53

* Deficit.

POOR'S MANUAL — PENNSYLVANIA *B. CO.

Statement of general balances for eight years :

855

1884

1885

1886

1887

1888

1889

1890

1891

Miles of Main Line
Miles of Track Owned
Miles of Steel Rail
Locomotive Engines
vrCars

867.74

1.242.10
* 1.408.96
1,176
876
213
25.101
2.225

94.777.850

9,000
19,999,760
27.482,930
5,000,000
1,000,000
5,940,000

357.74
1.248.20
* 1,133.11
1,176
878
213
25.101

94,777,850

8,000
19.999,760
27,482,930
4,980.00(3
1,000.000
9,900,000

357.74
1.2X1. SI
* 1,169.67
1.225
973
214
25.589

98.521,300

2,000
19.999.76(3
27.482.930
4,998.000
1.000,000
9.900.000

357.74
1,356.51

" V.2S2"
1.112
224
27,153
2,444

106,544,500

357.74
1.408.25

l'.450' '
1,168

234
30,792

2,448

106o45,400

857.74

1,451.01

357.74

357.74
1,637.16
1.545.W
1,623
1.291
269
36,141
2,938

. 8

126.771,200

1.515
1.197
234
31.336
2,586
.5
113,488.600

1,572
1.230
254

31,668

1

123-082,050

• etc.. Cars ....

Frei"ht and Coal Cars .

Roadway & Service Cars . . .

Capital Stock
Funded Debt :
1st Mortgage, 1880
Gen. Mortgage, 1910. . . .
Cons. Mortgage, 1905 . . .
Cons. Mortgage. 1919 . . .
Navy Yard Mort., 1881. .
Collateral Trust. 1913 . . .

19.999.766

27.4s2.U3o
4,998,00)3
1.000,000

H.DOO.Oou

19.997.8'i6
27.482.9:3*3
4,998.(300
1,000.000
9,900,000

19,997,820
27,482,930

4.H1IX.OOO
1,000,000
9.900,000
3.000.000
829.416
2,9*3.381
8,089,000
20,145,970

1.882.550
3.774.8U5
1,006,346

4.065,695
3,391.100

26,068,656

19,997.820
27.4^3.020
4.998.000
1.0(30,000
2.9(30.000
2.932.1303

19,997,820

27,480,00(3
4.998,000
l.oOO.OOo
9,900,000
2,791,000

State Lien on P. Works.. .
Mrirs . and Ground Rents. .
Triist Certificates
Accounts Payable, etc
Guaranu-ed Stock & Bonds
H. P.. Mr. J. &L RR. Co.
Securities United Cos

2.660.9i3

1.876.320
8,734.000

2.329.872
1,449,115
8.366.000
11.415,339

1.982,071
1.540.448
8.174,000
13,607.132

1,616.664
1,948,956
8,174.000

15.689.U53

1,232.757

1.953.786
8.089.000
lx.r.24.727

1.882.550
3. 774.814
1.242.43U
3.978.262
3.127,616

19,229,368

3.084.286
7.VI15.000

21.543.x70

IJ68&JSM

3.733.445
881,981

4.1513. ll'-3
3,715,900
80,800

22.017.793

3.014,286
7,909.000
23.181.161

1,882,500
3,733.445

853.626

161,000
24,334.834

3,859,295
1,980,824

3,859,295 3,838,785
1.720.696 1.527.766
3.753.621 3.828.517
2,091,900 2.427,865

3.817,015

1.376.981
3.907.141
2.767.656

'17,608,947

Equipment United Co*

Securities Fund ...

3.7(30.0(30
1,767,070

Bonds Redeemed
Payments for Leased Equip.
Profit and Loss

Total Liabilities..
Penn. RR. & H. & L. RR..
Phila. and Columbia RR. . .
Equipment
Real Estate & Telegraph. . .

Permanent Property . . .
Bonds of RR. Companies . .
Stocks of RR. Companies..
Other Securities
Trust of 1873

14,032,918

14.7:34,193

15.625.349

203.576,507
32.215.H54
5.375.733
14.216,89(3
12.744,676

207-891 -571 214.455-1)23 22871 5.053 : 233,064-538 246 -043 759 258.454-349
32.824.340 33.002.329 36.275.422 37,102.4313 37.884.558 38.'.»4<.6*5
5.375.733 5.375.734 5.375,734 5.375.733 5,375,733 5.375.733
94.216.SfH3 25.243.063 26.58S.691 2x.152.191' 28.884.558 30.824.693
12.73S.228 13.424.384 13.44-<,156- 13.504,437 15.059.357 15.71', 672

266727-X71
49.326.682

33.629.454
15.842.H66

75,053,253

32-5(37.743
58.ldl.Hlll
5.406.855
3.700,000

75.155,191

33.788.545
61.020.380
5.2X3.S15
3,750,00(3

177-045510
31,004.428
61.652,328
6,604.287
3,758,621

81,688,003
35.444.3W
63.654.469
9.610,239
3,828.517

84.104.800
36.156,4.54
65.428.7S9
7,710,796
3.907.141

87.204. 206
35,919.813
66,106,632
7,808.471
3.978.261
1. 622J 30
3J300.00I3
1 10,000
3.774.805
1.0(36.346
68,150

90.860.783
37.615.879
66.982.746
s.Sxo.lO'.i
4.065.61*5
1,948,880
3.075J)Ou
t 10,000
3.7:33.445
931.921
50,250

98.798,802
38.049,144
tiS.021.735
8.528.902
4.159.1H3
2.268.700
3.085.360
1 10.000
3.7*3.442

31.45(3
' 4.314.050
11.319,179

Consol. Mtge. of 1873, S. F.
Gir'dL. Ins & Tr. Co.,Trus.
Bonds for Ins. Fund
Securities United Cos
Equipment United Cos. . . .
Mort. and Ground Rents ..
Cost of Coal Lands
Fuel and Materials
Bills and Accounts
Cash and Cash Balances. . .

Property and Assets

t 10,000
3.859.295
1.980.824
89,160
703,971
3,523,458
10.705.754
7.134.2fc5

1 10,666
3,859.295
1,790,696
19.15(3
701,483
2,735,509
12.482.277
7.362.280

t 10,000
8,888,788

1.527.766
28,650
446.024
2,635.212
14,505,946
6.404,366

1 10,000
3,817,015

1,376.981
60.150
446.024
4.173.940

17.302.779
7.302,537

t 10.000
3.774,895
1.242.436
B7.8BO

446.024
3,784,217

1H.43X.474
6.943. 160

4.030.595
22.528.552
8,985.808

4.563.173
25.940,737
10,095,691

203.576,507J207,891,571 1214,455-923 228715-053 233 064,538 246.043,759 258,454,349

2»>>-7 27-871

* Miles steel rail owned by Pennyslrania RR. Co.
t The Insurance Fund actually represents. December 31. 1891. an asset of $2,773.607.47 invested in bonds of
the par value of $2,855,000. Value of Insurance Fund, at close of 1891, $2,789.517.35.

GENERAL REMARKS.

There was paid to the managers of the trust created October 9, 1878, to December 31, 1891, the sum of $4.-
159,192.98 : the income therefrom has been $3.609.565.12. and securities have been purchased amounting at par to
S7,68fj,000. yielding an interest of 6.08 per cent, for the vear. There was appropriated to that trust for the vear
1891 the sum of $98.622.42.

In pursuance of the powers conferred by the provisions of the trust the managers were authorized by the

Board of Directors. April 8, 1891, " whenever, in their judgment, it should be to the interests of the company so

to do. to exchange any of the securities held from time to time in the trust for other securitits. the principal and

interest or dividend upon which is guaranteed by this company ; and also from time to time to sell and dispose of

any securities so held in the trust, provided that the proceeds thereof shall be invested in the purchase of other

rities guaranteed as aforesaid by this company." This modification was found essential to the successful

'orking or the tru^t. from the fact that loans held by it were falling due. and the moneys received therefor had

necessarily to be invested in other guaranteed securities.

The statement of the Insurance Fund shows assets on hand at the end of the year of $2.789,517.35, being an
increase over the previous year of $264,126.34.

From the statement of the Insurance Fund it will be seen that the amount contributed by the company and

tnliated lines during the year was $76,180.91 for operating expense*, and in addition thereto the sum of $20,061.50

• extr t benefits to members of the fund whose disability had continued over fifty-two weeks, and who were.

e. no longer entitled to regular benefits from the fund. The amount contributed by the employees was

49o,910.26, and the receipts from interest were $4.801.37. which, with the contributions by the companies, as

856 POOR'S MANUAL — PENNSYLVANIA mi. co.

stated above, $90,243.41, made a total of *r>%,<).->4.01. This added to the balance on hand at the beginnini: <>r the
year, $144,588.85, aggregated $741,542:89. Of this amount there was paid to the families of employees in death
benefits, and for sickness and accidents, the gum of $53',.),1S2.X2, for expenses $7(i. 180.5)1, leaving a balance of
$135,179.16 with which to adjust outstandingclaims. The number of persons receiving death benefits was 870,
making an average in each case of $HS2.71. There were 27,200 members of the fund at the close of the year. The
great benefits arising from this fund arc shown in the fact that it is now. including the expenses of administra-
tion, distributing over $50,000 per month for the purpose of relieving the suffering necessarily arising from acci-
dent, sickness, and death among the employees who have availed themselves of its provisions.

The Employees' Saving Fund continues to show its value to theemployees, in affording them a safe depository
for a portion of their earnings. The number of depositors has increased daring the year from 2.59u to 3.1.V-.
amount of deposits received during 185)1 was $378,301, and the balance in the fund. 'at the close of the year, was
$866,866.49. Of this amount $800,000 have been securely invested in 4 per cent, bonds.

The amount expended during the year upon the main line between New York and Pittsburgh, and charged
to capital account, was $5.044,576.08, the principal items of which were for equipment, third and fourth tracks,
and additional yard facilities, principally at Altoona and Wall's. The improvements at the latter point were
brought into use during the year, and, in connection with those in the immediate vicinity of Pittsburgh, have
tended materially to remove the difficulties heretofore existing in the movement of traffic through that

During the year the equipment has been increased by the addition of 54 locomotives, 70 passcngei, 3 postal,
and 1,500 freight cars, in addition to those provided through the car trust system. All new freight cars are now
provided with the most improved safety appliances, in the way of automatic couplers and air-brakes, and the
entire rolling stock will be so equipped as rapidly as the general interests of the company will permit. Ar;
ments were also perfected through which 1,000 additional box cars were furnished for service on the Philadelphia
and Erie RR. for the purpose of stimulating the movement of grain and merchandise between Erie and Philadel-
phia. With the view of the further developing the trade through Erie, the Western lines have largely increased
their facilities for the handling of iron ore and coal at that port, and it is hoped that advantage will be taken of
these improvements by those interested in the commercial prosperity of this city.

The Trenton cut-off, alluded to on page 844 of last MANUAL, was completed during the year, and a portion
thereof opened for traffic about the middle of the summer, but the entire line was not in use until January 11, 1892.
As the principal portion of the line was constructed under the charter of this company, all but $100,000 of the
amount expended thereon has been charged to the construction account, of the main line, and so appears on the
balance sheet. Steps have been taken to connect it with the Chestnut Hill Branch.

There was also expended in the construction of branch and auxiliary lines the sum of g2.3i5,742. 14, of which
amount $1,002.859.68 were reimbursed to this company in cash. One of the principal items of this outlay was the
work upon the Pittsburgh, Virginia and Charleston Ry.. in which this company is largely interested, for the pur-
pose of enabling it not only to better accommodate its rapidly increasing local traffic, but also to secure the
prompt movement of through traffic between the main line and the lines west of Pittsburgh.

The McKeesport and Bessemer RR. was completed during the year, and is now in active operation. It gives
this system of lines a direct connection with the large manufacturing industries in the town of McKeesport, and
will prove a valuable addition to the property.

The Ebensburg and Cresson RR. having been sold and reorganized, was. on August 6, 1891, merged and con-
solidated into the Cambria and Clearfield RR. Co. This line was projected to develop the territory adjacent
thereto in the Allegheny Mountain coal field ; quite a large amount was expended during the past year in the
construction cf its main line and branches which are expected to secure a valuable bituminous coal and miscel-
laneous traffic for the system.

The total amount expended for the above purposes on the lines east of Pittsburgh and Erie, after deducting
the sum reimbursed in cash, as shown in the detailed statement on page 842, was $6,367.458.54. which was not
as large as that expended in 1890 for similar purposes. During the coming year, however, it is expected that the
outlays east of Pittsburgh and Erie will not be so great as in the past year, but as it was believed that the through
business of the company would require a material increase of box-car equipment, contracts have been made for
the delivery thereof in the spring of 1892. The capital required for the lines west of Pittsburgh will be materially
greater, as those properties have reached a point where the volume of their traffic will require large outlays for
double track and increased equipment.

The Bedford and Bridgeport RR.. having been sold under foreclosure of its mortgage on March 26, 1891. was
reorganized under the title of the Bedford and Bridgeport Ry. Co.. on May 5, 1891.

The Frankford and Holmesburg RR., which had been sold on November 5, 1890, was reorganized under the
title of the Bnstleton RR. Co.. January 15, 1891.

During the year large expenditures were made in the elevation of the tracks and the reconstruction of the
passenger station'in Jersey City. These tracks are now in use, avoiding all grade crossings of streets in that city,
and the station will be completed during the present year, when both the public and the company should realize
the benefits resulting from this outlay, in the prompt" and safe movement of the large passenger traffic handled at
that point.

The work of completing the four-track system through the city of Trenton, which necessitated the widening
or a number of street bridges over this road, as well as of the large bridge over the Delaware River, and the baild-
ing of a new passenger station, has been vigorously prosecuted, and will be finished during the coming year.

The protracted litigation in connection with the Allegheny Valley RR. which had extended over a period of
seven years, was finally brought to a close by a sale, December 15, 1891, under a judgment obtained on the coupons
of the $10,000,000 Low-Grade Division mortgage, which had been purchased by this company under its guaranty.
A reorganization was effected on February 5, 1892, under the name of the Allegheny Vattey Ri/. Co. see pai:e r,.~>0».
This sale was made in pursuance of an amicable agreement entered into between the parties in interest, under
which the 'new company is to issue $20,000,000 of 50-year 4 per cent, bonds, guaranteed, principal and interest,,
by the Pennsylvania RR. Co. Of these bomt« a sufficient amount will be retained by the trustees to meet the
present mortgage indebtedness of the Allegheny Valley RR. Co., aggregating $16,800,000, and of which this com-
pany is practically the guarantor, and the balance will be used from time to time as addditional capital may be
required; $18,000.000 of preferred stock and $12.000.000 of common stock are also authorized to be issued, in
exchange for outstanding income bonds, overdue coupons, and other securities of the old company, and in settle-
ment of obligations of the new corporation, and for its general purposes. Under this plan the road is relieved of
a larure amount of debt, the interest whereon was beyond its ability to meet ; and with the near maturity of a
portion of its bonds, and the conversion thereof into securities bearing a lower rate of interest, it is hoped that
the road will show more satisfactory results in the future.

RAILROADS LEASED OR OPERATED BY THE PENNSYLVANIA RAILROAD Co.

BALD EAG-LE VALLEY RAILROAD.— Vail Station to Lock Haven, 51.2 ; Snow-Shoe Intersec-
tion to Per Se. 22.22 ; Milesburg to Bellefonte. 2.519: Jc. with L. & T. RR. to Bellefonte. 9.45 : Sugar Camp Jc. to
Sugar Camp Mines. 3.12; Graner Branch Junction to Terminus, 1.70— total, 90.68 mile*. Sidings, 18. 34 miles. Rail
(steel. 95.08 miles), 70 Ibs. Chartered March 25. 1861 : road opened December 7. 1864, and leased to Penn. RR. Co.
for 99 years. In 1880 purchased the Bellefonte and Snow-Shoe RR. for $300,000 in stock. On August 1. 18S<*. the
Bellefonte, Nittany and Lemont RR. Co. was merged info this company. Rental, year ending December 31.

857

1891. $2:>4. Silt). 03 : other receipt-, 84,170.37— total income. $259.n:}7.30. Expenses and taxes, Sv .

issets. $351. 709 -total. $2,3*4.531.03. Interest, payable- January and July at office of Fidelity Trust Co.. Phila-
delphia. Pa. Dividends payable February 1 and Autrus.t ] at Trea-im-r's office, Philadelphia. Pa. J. N. Dr BARRY,
' ; Taber \ahton, Treasurer ; Albert Hewson. Secretary, Philadelphia, Pa. CORPORATE OFFICE, Phila-
delphia. 1'a.

BEDFORD AND BRIDGEPORT RAILW AY.— Mount Dallas. Pa., to Maryland State Line.
.'3^.70 miles, and Dunning Creek Braneh to Holderbaum. Pa., 10.47— total, 49.17 miles. Sidings. 8.58 mil -
:*teel. 43.75 miles <. M Ins. The Bedford and Bridgeport Rli. was sold under foreclosure of its mortgage on
March 2H. isyi. and the company reorganized under the name of the Bedford and Bridgeport Ry. Co.
1-S91. Operated bv the Pennsylvania RR. Co. under contract dated May 1, 1891. Rental for ei-rht month? ending
December 31, 1891. $78,195.50. Expenses and tuxes. s5,'.«50.50. Net income, $72^46. Paid BBicreri on bonds,
Surplus. $29.745. Capital stock, $600.000 : funded debt, debenture 5 per cent, certificate dated May 1,
IS'.'l. due Hay 1. 1S96. interest payabk- May and November. §1,700,000: profit and loss. $29.745— total. $2.329.745.
Confni : Cost of road. $2.300.367 .45: other assets. $29,877.55— total, $2,329,745. R. D. BARCLAY. PmUtent; Albert
lltwson. Stcrtfnnj_: Ta'nT Ashton. Treaxurfr. CORPORATE OFFICE, Philadelphia. Pa.

BELVIDERE DELAWARE RAILROAD. —Trenton to Mannnka Chunk, X. J.. 07.49 miles, and
Lamb.-rtviile to Flemington, N. J., 11.67 miles— total, 79. Hi miles: 2d track, .si: sidings. 71. 55 m.: steel rail.
10!». 73 m. Chartered March 2. 1836': completed November 5. 1S55. Leased to U. N. J. RR. and Can. Co.. and
March 7. 1>70. iea<e assigned to Penn. RR. Co. Gross earnings, year ending December 31.1*91. -
rents, $5,743.16— total, $1,274,211.01. Expenses and raxes, £903.380.52. Net income. *370.?<30.4S<. Payments :
Interest on bonds, $159,840 : interest on equipim 5; sink njj fund and other charges. $26, ix>0 : divi-

p. c.». $611.000 —total, $283.925.95. Surplus, $86,904.54. Operated in connection with other roads as the
Belvidere Division. Finai":ial Stutttnent, December 31, 181)1.— Capital stock. $1.150,000 : funded debt, 1st mtge.
coupon tjs extended 25 years, due June 1. 1902. $1,000,000; consolidated mtge. 7s. 40-year registered bonds, due
January 1. 1916. $702,000 ; consolidated m'ttre. 4^ 4" (-year registered bonds, due September 1. 1>25. $500.000 : con-
solidated mtiie. 4s 40-year registered bonds, due February!. 1927. $750.000- total. $4.102.000. Cost of road and
equipment. $4.039.418".70 : stocks and other investments, $105.136. "Dividends and interest payable at 233 South
Fourth Street, Philadelphia. Pa. W. II A SELL WILSON. Prefi-Jent ; Hugh B.Ely, Secretary and Ti-
Philadelphia. Pa. CORPORATE OFFICE, Philadelphia. Pa. Transfer Office, Camden, N. J.

BUSTLETON RAILROAD.- HI 'lines burg Junction to Bustleton. Pa., 4.16: sidings. 1.36 miles.
Steel rails. 5.04 miles. Organized December 27. 1890. and succeeded to the property of the Frankford and Holmes-
burg RR. Co. Operated by Pennsylvania RR. Co. for net earnings from January 1. 1891. Deficit from operations
year ending December 31, 1891, $7,540.54. Expenses and taxes.~S409.ij4— total deficit for year. $7.950.18. Finun-
c'tal S?at*}n-i<t. December 31, 1891.— Capital stock, $100,000 : unfunded debt. $7.950.18— total, Sl67.D50.18. Contra:
Cost of road, etc.. $100.000 : profit and loss, $7.950.18. J. X. Dr BARRY. President ; Taber Ashton. Tr-
Albert Hewson, Secretary. CORPORATE OFFICE, Philadelphia. Pa.

CAMBRIA AND CLEARFIELD RAILROAD.-La Jose to Brubaker Jc.. Pa.. 9.45 miles.
Branches : s(. /.*/. 0.43 : Ki>>'f* A'"". 1.52 : Brubaker, 5.94 : Ha*fh,g*. 0.51 : Cn.«fi -Creek A'.'-f^,,.^,,,. 7.7s : JfcCoi/'s
Jt in liram-h. 2.13 ; Glen Campbell, i.42 : Cretan, 11— total length of main line and branches. 40.18 mifet
in ITS. etc. 7.79 miles. Rails (steel, 40 miles). 60 and TOlbs. Chartered January 13. 1887 : opened September 24. 1>SS.
Operated under agreement from date of opening by the Penn. RR. Co. The Ebensburg and Cresgon RR.. having
been sold and reorganized, was on August 6, 1891, merged into this company. Rental, year ending December 31.
!•*!. $35.2*3.117. Expenses, etc.. $2.224.03. Net income, $33.059.64. Paid interest ou'bonds, $12,500. Surplus,
§20.559.64. Capital stock. $750.000 : funded debt (1st mortgage 5 per cent. 50-year bonds, due January 1. 1941.
interest January and July, authorized. $2.000.000), $608.000 : unfunded debt, $7,929.10 : profit and loss. $"37.051.49
—total. $1.402.980.59. Contra: Cost of road. etc.. $1,3-58.187.43: other assets. $44.793.16— total. $1.4<>2.;^J.5^.
Interest payable at the treasurer's office, Philadelphia. J. N. Dr BARRY, President ; Taber Ashton, Treasurer ;
Albert Heweon, S^cr^.nnj. ( 'OHPORATE OFFICE. Philadelphia, Pa.

CAMDEN AND BURLINGTON COUNTY RAILROAD.-Camden to Pemberton, N. J..
2146 : Burlington to Mount Holly, 7.15— total. 29.61 miles. Sidings, 11.94 miles. Rail (steel. 32.18 miles"), 70 Ibs.
Chartered March 15. 1859. Leased to Camden and Amboy RR. Co., June 1, 1868 ; subleased to Penn. RR. Co.;
rental, bond interest. $21.000 ; dividends (paid Jan. and July, each 3 p. c.). $22.915.50 ; and for organization. ?500
—total. $44.415.50. Financial Statement, December 31, 1891.— Capital stock. S3S1.925 : funded debt, 1st mortgage
5 per cent. 30-year bonds, due February 1. 1897, interest February and August, >3:>i>.(iOO : unfunded debt. S8.106.-
'— total, representing cost of road, etc.. S740.031.79. This company has paid regular semi-annual dividends of 3
per cent, each since 1871. Interest and dividend* payable at office of Penn. RR. Co.. at Philadelphia, Pa. JOHN
S. IRICK. President, Vincentown, N. J.: John M. Wood. Treasurer; Richard Ashurst. Secretary. CORPORATE
OFFICE. Mount Holly. N. J.

COLUMBIA AND PORT DEPOSIT RAILWAY.— Columbia, Pa., to Port Deposit. Md., 39.83
sidings. 8.07 miles. Rail (steel, 39. Si miles), 60 Ibs. Chartered February 20, 1858. Opened July 6, 1877.
The Columbia and Port Deposit RR. Co. was sold under foreclosure of mortgage, March 4, 1890. and reo'nranized
July 17, 1890. under the laws of the Commonwealth of Pennsylvania and the State of Maryland, as the Columbia
and Port Deposit Ry. Co. Operated uudjer agreement made July 1. 1.S90, with the Pennsylvania RR.jCo. The

:mber
onds.

- K).6o6 : funded^debt, 1st mortgage' 4 per cent. 50-year'bo'nd's. due^August'lVmo". ' interest "Fe'bruaTy and
August, $1,800,000 ; unfunded debt, $3.511.02: income balance. $168,531. 72 -total, $2.572.042.74. Contra: Cost
of road. $8,405.268.07 ; other assets. $160,774.67— total. $2. 572. 042. M. W. H. WILSON. President ; James R.
Jlure. Secretary ami Treasurer. CORPORATE OFFICE. 233 South Fourth Street. Philadelphia, Pa.

COLUMBUS, KINKORA AND SPRINGFIELD RAILROAD.-Kinkora to New Lisbon.

N. J.. 14.16 miles— total track 15.21 miles. Steel rails. 5.07 miles. Opened in 1872. Leased to the Pennsylvania

Lease expin-s on either party giving six months' notice. Rental, net earnings. Operated in connection

h Amboy Division. Loss from operations for 1891, S2.347.S5. Interest on bonds. $9.080 : other charges.

i.39. Total deficit. $11.1)72.24. Capital stock. $»;6.050 : 1st mortgage 7 per cent, bonds. $125.000 ; 2d mort^a^e

• per cent, bonds. $4.800 : floating debt, $133.249.98 ; partly provided for by pledge of 44,100 2d mortgage bonds.

JOHN BISHOP, President ; Peter E. Harvey. st,Tet>iry ami Treasurer. Co&POBATX OFFICE. Columbus. N. J.

CONNECTING RAILWAY.— Mantua Junction to Frankford Junction. Pa.. 6.75 ; 2d track, 6.75

' "•: track, .ysn : 4th track. 5-S« : siding, is.3«i— total track. 43.5* mile-. Gauge. 4 ft. 9 in. Rail (steel. 42 31

ro So Ibs. Chartered April 4, 1S»>3 : road opened January 1, 1868. Leased to the Philadelphia and Tren-

t'>:. KB. Co. Operated by Pennsylvania RR. Co. Rental. 6 per cent, on cost. Rental, year ending December 31,

858 POOR'S MANUAL — PENNSYLVANIA SYSTEM.

1891, $150,780.69 ; expenses and taxes, $14,62;».fl9 : net income, $136,158. Paid interest, $59,460 ; dividends, 3 per
cent, each, June and Desember, $76,698. Capital stock ($50 shares), $1,278,300 ; funded debt, $991,000 ; noatin"-
$990,465.76 ; unpaid interest and taxes. $6,832.35— total, $8,266,598.11. Contra : Cost of road, etc., $3,259,765.76 ;
other asset*, $6,832.35— total, $8,266,598.11. The funded debt consists of 1st mortgage 6 per cent, bonds, issued
in five series. A, B, C, D, and E, which mature yearly September 15. 1900, to 1904. Interest payable at office of
treasurer, Philadelphia, Pa. Diyidends payable June 30, and December 31, at office of treasurer, Philadelphia,
Pa. J. N. Du BARKY, President: Albert Hewson, Secretary ; Taber Ashton, Treasurer. CORPORATE OFFICE,
Philadelphia, Pa.

DOWNINGTON AND LANCASTER RAILROAD. -Downington to Conestoga Junction, 37.98:
sidings, 2.48 miles— total track (steel, 34.76), 40.46 miles. Reorganization after foreclosure sale, June 7, 1888, of
the East Brandywine and Waynesburg RR. Co., which was chartered March 3, 1854 ; road opened in 1876. Leas, d
to P. RR. Co. for 99 years from November 1, 1876. Deficit from operations for year ending December 31. 1891,
$19,707.08 : expenses and taxes, $4.113.67— total deficit, $23,820.75. Paid interest on bonds, $11,824. Deficit for
year, $35,641.75. Capital stock, $405,650 ; 1st mortgage coupon 4 per cent. 40-year bonds, due April 1, 1930, inter-
est April and October, $300,000 ; unfunded debt. $87,388.61— total, $793.038.61." Contra. : Cost of road. etc.. §70(5.-
944.94 ; profit and loss. $8(5,093.67— total, $793,038.61. Interest payable at 233 South Fourth Street. Philadelphia,
Pa. H. D. WKL-H, Pn-sident ; Albert Hewson, Secretary ; Taber Ashton, Treasurer. CORPORATE OFFICK,
Philadelphia, Pa.

ENTERPRISE RAILROAD.— East Trenton. N. J., to Coalport. 1.26 miles ; sidings. 0.5 miles— total
track (steel, 1.67^ 1.76 miles. Chartered July 26. 1884. Opened July 26, 1885. Capital stock. $30,000 ; funded
debt, $15,000 ; unfunded debt. $115.49— total, $45,115.4!), representing cost of road and equipment. W. H.
WILSON, President, Philadelphia, Pa.; Hugh B. Ely, Treasurer and secretary, Philadelphia, Pa. CORPORATE
OFFICE, Philadelphia. Pa. TRANSFER OFFICE, Camden, N. J.

FREDERICK AND PENNSYLVANIA LINE RAILROAD. -Kingsdale to Frederick. ]\Id.
28 miles— total track (steel, 15.65 in.), 30.69. miles. Organized August 10, 1868: road opened October 8, 1872
leased from January 1, 1875. for net earnings— in 1891, deficit, $747.95. Interest accrued, $15,000; other
charges. §2,177.06. Deficit, $17,925.01. Capital stock (common. $318.100 ; preferred, $461.000), $779,100 : funded
debt, 1st mtge. 6 p. c 30-year bonds, due October 1, 19.K), interest April and October, $250,000 ; unfunded debt,
$078.703.91— total, $1,307,803.91. Contra: Cost of road, $868,687.50 ; cash, $10.70; profit and loss. S439.205.71.
CHARLES E. TRAIL, President, Frederick, Md.; John S. Leib, Treasurer, Baltimore, Md.; Stephen W. White,
Sa-reta,ry, Philadelphia, Pa. CORPORATE OFFICE. Frederick. Md.

FREEHOLD AND JAMESBURG AGRICULTURAL RAILROAD.-Jamesburg to Sea
Girt, N. J., 27.54 miles ; 2d track, .25 ; sidings, 7.37— total track (steel, 30.27 m.). 35.16 miles. Chartered June 29r
1852 ; road opened July 18, 1853. Consolidated April 24, 1S79, with the Farmingdale and Squan Village RR.. 8.60
miles, and the Squankum and Freehold RR. Leased to Penn. RR. Co.. July 10, 1S79— rental, net earnings.
Rental, year ending December 31, 1891, $47.051.52: rents, $422— total income, $47,473.52. Expenses, $8.252.07.
Net income. $39,2-21.45. Paid interest on bonds, $28.666. Surplus. $10,555.45. Capital stock, $295.606; funded
debt, consolidated 6 per cent. 30-year bonds, due 1909, $309.000 ; 4 per cent, ditto. $175.000 : consolidated bond
scrip (6 p. c.) convertible into bonds, cons. 6 per cent, loan, $498.600 ; unfunded debt. $19.956 68 ; profit and loss.
$60,701.55— total. $874.852.23. Cost of road, $807,929.38 : other assets. $66,922.85— total, $874,852.23. (For state-
ment of dividends paid since the organization of the company, March 15, 1886, see MANUAL for 1889.) Since 1886
the following dividends have been paid : March 10, 1887, 8 p.c.; September 10, 1887, 4 p. c.; March 10, 1888. 4 p.c.;
October 1, 1888, 3 p. c. ; May 15, 1889, 3 p. c.: October 21, 1889, 3 p. c.; March 15, 1890, 3 p. c. WILMAM H. WILSON.
President : John M. Wood, Treasurer ; J. R. McClure, Secretary. CORPORATE OFFICE, 233 South Fourth Street.
Philadelphia. Pa.

HANOVER AND YORK RAILROAD.— Hanover to York, Pa., 18.35 miles— total track (steel,
18.79). 20.74 miles. Chartered July 9, 1873 ; road opened June, 1876. Leased January 1, 1875. to the Penn. RR.
Co. for 999 years for net earnings. Rental, year ending December 31. 1891. $29.560.87. Expenses and taxes.
$5,120.27. Net income, $24.440.30. Paid interest on bonds. $9,555. Balance, surplus. $14.885. 30. Capital stock
(par, $50), $224,250 ; funded debt, 1st mortgage 5 per cent. 5-20 year bonds, due January 1. 1895, $150,000 : float-
ing debt (5 per cent, certificates, redeemable at company's option, interest April and October). $41,100 : unfunded
debt, etc., $19,273.02 ; profit and loss. $54,893.84— total, $489,016.86. Contra: Cost of road, etc., $371, 826. 4s ;
stocks and other investments, $112,904 : other assets. $4,385.88— total, $489,016.36. This company has paid the
following dividends since its organization : February 15, 1879. August 1, 1879. February 15, 1881, August 15,
1881, 2 per cent, each ; February 15, 1S82. 2.' per cent. ; August 15, 1882, February 15, 18^'J>. Anirust 15, 1883, Feb-
ruary 15, 1884, 3 per cent, each ; February 15 and August 15, 1886, 2 per cent, each ; February 15 and August 15.
1887, 3 per cent, each ; February 15 and August 15, 1888, 3 per cent, each ; February 15 and August 15, 1889, 3 per
cent. each. Interest payable at the company's office, Philadelphia, Pa. JOHN S. YOTNI., President, Hanover,
Pa. ; Taber Ashton, Treasurer ; Albert Hewson, Secretary. GENERAL OFFICE, Philadelphia, Pa.

HARRISBURGH, PORTSMOUTH, MOUNT JOY AND LANCASTER RAILROAD.

— Dillerville to llarrisburgh, 35.59 miles ; and Middletown to Columbia, 18.15 miles— total. 53.74 miles ; second.
third, and fourth tracks. 4Sil5 : sidings, etc., 27.23.. Rail (steel, 125.21 miles), 85 Ibs. Chartered -June 9. 1882 ;
opened in 1838. Leased for 999 years from January 1, 1861, the lessees to pay expenses, interest, and 7 per cent,
on stock. Rental, year ending December 31, 1891, $121,288.26: other receipts, $3,876— total income. $125.164.26.
Expenses, $10,430.41 ; net income, $114.733.85. Payments : Interest on bonds, $28,000 : dividends Januarv and
July, 3.V per cent, each, $82.778.50— total, $110.778.50. Surplus S3.955.35. Capital stock (par, $50), $1,182,550:
funded debt. 1st mortgage 4 per cent. 30-year bonds, due July 1. 1913. interest January and -J nly. $7'Oti.oO'i ; unpaid
interest and dividends, $56.82S : taxes, etc., $5,573.92 ; profit and loss, $65,687.64— total, $2.010,589.56. i'<n,n<i ;
Cost of road and equipment, $1,881,210.09 ; stocks and other investments, $67,457.22: other assets. :«;0 1.922. 25
—total. $2.010,589.56. The 6 per cent. 1st mortgage bonds fell due July 1. 1*83, but were extended for 30 years
from that date at 4 per cent. Annual meeting, first Friday in September. Books not closed. Interest paid at the
treasurer's office. Stock and bonds listed on Philadelphia Stock Exchange. EDMUND SMITH. I'nsideiit : Taber
Ashton, Secretary and Treasurer. CORPORATE OFFICE. Philadelphia, Pa.

JOHNSONBURG RAILROAD.— John son bur^ to Clermont, Pa., 19.69 miles. Sidings, 5.35 miles -
total track (steel) 25.04 miles. Chartered March 14, 1889; road opened in 1SS9. Leased July 8. 1SS9. to
the Pennsylvania RR. Co. fora term of 50 years — rental, net earnings. Rental, year endinir December 31. '891,
$13.396.79: receipts from rents, $175— total income, $13,571.79. Payments: tax on capital stock and bonds,
$273.75 ; interest on bonds, $12,000 ; on equipment, $1,797.41 ; other payments, $4.05— total. $14.07.'). 21. Deficit,
$503.42. Capital stock, $200,000 ; funded debt, 1st mortgage 6 percent, coupon bonds, dated .January It,.
interest March and September, $200,000 ; unfunded debt. ft:ir,.24s.75 total, $436,248.75 contra : Cost of road,
etc., $400.953.34: stocks and other investments, $3.700; cash. §0,231.79; profit and loss. - total,

$436,348:75. Interest payable at Philadelphia, Pa. J. BAYAP.D HKNRY, I'rtsidmt ; Jos. S. Vanxandt, Secretary
and Treasurer, Philadelphia. Pa. CORPORATE OFFICE, Philadelphia, Pa.

KENSINGTON AND TACONY RAILROAD. -Junction P. and T. RK.. at Tioza St.. Kensing-
ton, to junction P. & T. KH. east of Tacony. 2.97 miles. Sidings. 1.38 miles. Kai; (steel. 4 Id milesi, Ibs.
Gauge, 4 ft. 8.; in. Chartered, March 25, 1884. Leased to the Pennsylvania RR. Co. for a term of five years, from

POOR'S MANUAL — PENNSYLVANIA SYSTEM. 859

January 1. 1SS7. at an annual rental of $30 per annum. Rental, 1891, $30. Expenses and taxes. §1'..0.26. Deficit

for year, sir.o.ui. Finnnrini xtn/eittfnt. December 31. 1S91.- Capital stock. £200.000 ; current liabilities, §42.-

total, $282,159.49. Contra.- Cost of road,. §231. 874.60 : cash and current as-et*. ^228.97 : profit and loss,

'•'.'.451. J. N. Du BARRY, Pr^-ident : Taber Ashton. Tr«tfvrtr • : Albert Hewson. Secretary,

Philadelphia. Pa. GENERAL OFFICE. 223 South Fourth Street, Philadelphia, Pa.

LEWISBTJRG AND TYRONE RAILROAD.— Montandon to I!.. N. & L. Junction. Pa.. 57.60 ;
Tvrone intersection to Fairbrook, 19.90 : Scoiia Branch (Fairbrook to Scotia). ">.•„() : and Juniat* Branch < Juiiiata
Junction to Junta ta>, 2. us- total. 84.84 miles. Sidings, 10.10 mile;;. Hail (steel. .7.1.71 >. 40 to 67 Ibs. Chartered as
Lewisburg. Centie and Spruce Creek. January 18. 1853 : opened in I,s72. Extension and branch lines opened in
is-l. Leased to Penn. RH. Co. and operated as a branch of Phila. and trie RR. Reorganized under existing
title. December 31, 1879. Hental. net earnings— in 1891. §21. 7 ^.s-j : rent-. J4:>— total income. §21.821.82. Ex-
l>en-es and r-. Net income. 821,739.77. Paid interest on bills payable, S14.7tS.73 : lease rentals,

$4,00-2.20— total, $18,710.93. Surplus, $8,028.84. C'apital stock, $1.200,000 ; floating debt, $294,174.65 ; profit and
,251.73— total, §1.570,426.38. Contra: Cost of road. >1.5u;.-,S7.'.'4 : other assets, $4.138.44— total. §1.570.-
( >ld funded debt exchanged into stock. J. N. Dr BARRY, Pi evident ; James R. McClure. Secret"/ ij /:7<d
Tr, afir- r. CORPORATK OFFICE. Philadelyihia. Pa.

LITTLESTOWN RAILROAD. -Hanover to Khiiisdale iMd. Vim-). 9.3o : total track, 10.06 miles.
Steel rails. 6 29 miles. Chartered February 17. 1854. Road opened to Littlestown in 1859; to Maryland line in
1871. Leased to Pennsylvania RR. Co. for 999 years from May 1. 1875 : rental, net earnings— in 1891. §2.213.48.
Expenses and taxes. §941.84. Net income. $1,728.16. Interest on bonds, $2,000. Deficit, $728.36. Capital stock,
<34.s~.U : funded debt. (1st mortgage 5 per cent, coupon bonds, due June 1, 1890. interest June and December),
§40.onO: unfunded debt, $20,265— total, §95.115. Contra: Cost of road. etc.. §74.850: cash. §2,507.70: profit
and loss. $17,757.24— total. §95.115. JOHN S. YOUN«,. Prf*\dn,1. Hanover, Pa. : Albert Hewson. Stcreiary ;
Tabor Ashton. Treasurer. CORPORATE OFFICE, Philadelphia. Pa.

LONG- BEACH RAILROAD.— Manahawkin, N. J.. to Beach Haven, N. J.. 12.09 miles. Brunch :
Barnegat City Junction to Barneirat City, N. J.. 8.41— total length of lines, 20.50 miles. Sidings, 2. 58 miles.
Gauge. 4 ft. 8] in. Rail isteel. 23.06 miles). — Ibs. Organized October 23. 18?3. Leased to the Pennsylvania RR.
Co. at an annual rental of excess of earnings over expenses. Gross earnings for year ending December 31, 1891,
SlO.239.ir). Operating expense- Deficit from operations. $18,185.74. Sundry payments, -

Total deficit for year. §18.342.01. F\,,<i»<-'vil St<it< •//„•/,/. December 31, 1891.— Capital stock (authorized. §500,000 ;
par, *50) paid in". $258,000; other liabilities, §125.743.92— total. §378.743.92. Contra: Cost of road. §255.5»:0.27 ;
other property and assets. §1-350 : cash on hand. S12.417.77: profit and loss. $109,415.88— total, §378,743.92.
Annual meeting, first Tuesday in May. WIM.'AM J. SEWEI.L. President. Camden. N. J. : John 31. Wood, Treas-
ure)- : F. W. Sehwarz. .*'•<.• >it tn, //, Philadelphia. Pa, PRINCIPAL OFFICE, Philadelphia. Pa.

MARTIN'S CREEK RAILWAY IN NEW JERSEY. -Martin's Creek to middle of Delaware
River. .14 mile— total track (steel >. .18 mile. Chartered April Hi, 188,5 : opened December 6, 1*85. Capital stock
(authorized. §40,000) issued, §28.000. representing cost of road and equipment. W. H. WILSON. Pie>id<-nt ; Hugh
B. Ely. Treasurer a,,,! Secretary. CORPORATE OFFICE. Philadelpnia, Pa. Transfer Office. Camden. N. J.

MARTIN'S CREEK RAILWAY IN PENN.— From a connection with the Martin's Creek Rail-
way in New Jersey at the middle of the Delaware River opposite Martin's Creek station on the B. D. RR.. to a
connection with the B. & P. RR. near the mouth of Martin's Creek. Pa.. .15 mile. Steel rail. .15 mile. Char-
tered April 14. 1885. Opened December. 1885. Operated together with the Martin's Creek Railway in New Jersey
by the Belvidere Delaware RR. Co.. as a connection between the Belvidere Delaware Railroad and the Bangor and
Portland Railroad. Capital stock authorized. §40.000 : issued, §30.000. Cost of road to December :-;•:
W. H. WILSON, President ; Hugh B. Ely. Secretary and Treasurer. CORPORATE OFFICE. Philadelphia. Pa.

MCKEESPORT AND BESSEMER RAILROAD.-Cochran Station iP. V. A: C. Ry.) to the
western end of McKeesport, Pa.. 1.47 miles. Sidings, 1.13 miles. Gauge. 4 ft. vj in. Rail (steel). CO Ibs. Char-
tered October 29, 1888; road opened July 20, 1891. Operated by the Pennsylvania RR. Co. as airent for cost.
Fii.ani-ial Statement, June 30, 1891.— Capital stock. §22.000: 'current liabilities. $419.157.54; miscellaneous
receipts, $177— total, $441,334.54. f'ou'ra : Cost of road, §441.207.54 : cash and current assets. §115: sundries,
§12— total. $441,334.54. ROBERT PITCAIRN, President. Pittsburgh, Pa.; Albert Hewson, secretary (if
Philadelphia, Pa. PRINCIPAL OFFICE AND ADDRESS, 233 So. 4th Street, Philadelphia, Pa.

MIFFLIN AND CENTRE COUNTY RAILROAD. -Lewistown Junction to Milroy. Pa.. 12.31.
Sidings, ti..-^ mileH. Rail (steel, 11.59 miles). 60 lb<. Chartered April 2. 1860. Leased for 9W years from May 1'.),
1863: rental, net earnings. Rental, year ending December 31. !8:*1. s30.071.46. Expenses and taxes. §1.816.31.
Net income. §28.855.15. Paid interest on bonds. §12.000. Surplus for" year. §lf,.255.15. C'apital stock ipar. *50>,
$167,775 : funded debt. 1st mortgage 6 per cent. 20-year bonds, due August 1, 1897, §200.000 : unfunded debt,
$55,857. 55 -total, $423,632.45. Contra : Cost of road'. §365.939.39 ; profit and loss. §57.693.16— total, $423.t;32.-,5.
J. N. DC BARRY, Prffidtnt ; Albert Hewson. Secretary : Taber Ashton, Treasurer. CORPORATE OFFICE, Phila-
delphia. Pa.

MILLSTONE AND NEW BRUNSWICK RAILROAD. -New Brunswick to Millstone. N. J.,
rt.t'4 m.— total track (steel. 3.42). 7.58 miles. Chartered February 27, 1S37 ; road opened in 1854. Operated by
Penn. RR. Co. for cost. Gross earnings, year ending December 31, 1891, §9,599.41. Operating expenses and
taxes. $18,650.99. Net loss from operations, §ii,051.5S. Interest on equipment. §415.»iU. Total deficit, $9.467.27.
Capital stock. §95.750 ; floating debt. §9,588.6-;>— total. §105.338. 6-i. ' ontra • Cost of road. §95.750: profit and
MMS, $9,588.66— total, S305.33-.6f,. W. HA-ELL WILSON^ President : J. S. Vanzandt, Secretary and Treasurer.
CORPORATE OFFICE, 233 So. Fourth St., Philadelphia. Pa.

tober. at Medford, N. J., 3 peV cent. each. §5.739 : organization, §200. Capital" stock. §'J5.650 : funded debt, 1st
mortgage 7 per cent. 30-year bonds, due April 1, 1899 ; interest April and October. §75.000— total, representing cost
of road, $170.650. Interest payable at Medford, N. J. HENRY I. BCDD. Awfcfoni, Mount Holley. N. J. : Isaac W.
Stokes, Secretary and Treasurer. CORPORATE OFFICE, Medford, N. J.

NESCOPEC RAILROAD. -Nescopec, Pa., to Rock Glen, Pa.. 11.96 miles: sidings. 2.28 miles-total

track (steel. 14.22 m.», 14.24 miles. Chartered June 3, 1886; road opened April 25, 18S7. Rental, year ending

December 31. 1891, §9.274.27 : add other receipts. §104.20— total income, §9,378.47. Expenses and taxes. §1.391.19.

t income, §7.987.28. Paid interest on bonds. $10,000. Deficit for year, §2.012.72. Financial Statement, Decem-

• 31, 1891 .—Capital stock, $259.000 : funded debt, debenture 5 per cent, bonds, dated November 1, 1887, interest

May and November. §200.000 : unfunded debt, $64,451.65— total, §523.451.65. Contra : Cost of road. $460.395.28 :

profit and loss. §63.05637— total. §523.451.65. J. N. Dr BARKY. Prudent ; Taber Ashton, Trtasurer ; James

i. McClure. Secretary, Philadelphia, Pa. CORPORATE OFFICE. 233 South Fourth Street. Philadelphia, Pa.

NORTH AND WEST BRANCH RAILWAY.— Calawissa to Wilkesbarre, Pa., 43.13 miles:
branch, Nanticoke to Glenljon, Pa., 4.69 miles : sidings. 34 miles— total track (steel. 76.6R 81.82 miles. Char-
tered July 23, 1881 ; operated by agreement dated November 23, 1881. for 20 years, by the Pennsylvania RR. Co.

860

POORS MANUAL — PENNSYLVANIA SYSTEM.

yeai1 bunds, due September 1, 1901. interest March and September. ,si,5oi;.ooo ; unpaid dividends. >61.5o; profit
aud loss. $676,216.69— total, 83.076.277.79. Contra: Co-; of road and equipment, 88,807.945.65 ; other I
$388,382.14— total, $3,676,277.79. Dividends paid June aud December at treasurer' a office. I). ,J. U'AM.KK.
dent : J. N. Du Barry. }'i<; -Prrxi it,-nf ; Tuber Ashton, Treasurer ; Albert Hewson, Secretary. '
OKKI "E, Philadelphia. Pa.

PENNSYLVANIA SCHTTYLKILL VALLEY RAILROAD. -Philadelphia. Pa., to Ni-\v Hos-
ton, Pa.. 101 .30 miles. Branches : Frazer, Pa., to Phoenixville, Pa.. 10.6.") miles, and Court Street. Readinir, to Sixth
.Reading. .9S mile : Morea branch, 1 mile; Pencoyd branch. 1.28: Frackviile to Shenandoah. 1.9Smil«'< total,
1 2o. 1°) miles. Second track,. 38.93; sidings, etc., 4t>. 86 mi'les. Total' track (steel, 205.64 miles >, 205.9S miles. Thi>c<-m-
painr \vas formed June 1, 18S3, by tlie consolidation of the Philadelphia. Norristown and Phu'iiixville Hi;. <
PlxiMiixvilie. Pottstown and Readme Mil. Co.. and the Phu-nixville and West Chester Hi; _• and

Pottsville KR. Co. was merged into it October 3d, lSSf>, and the Pottsville and Mahanoy RR. Co.. Xovemi
188:j. The Frazer Branch was opened for traffic in August, 1883. and the main line, as fa/as completed.
Reading and Pottsville line was completed from Reading to Hamburg in the fall of 1885. On l)e< -em
the stockholders of this company authorized the increase of the bonded indebtedness to $10.000.000 .-and approved
the lease of the railroad to the Pennsylvania RR. Co. Rental, year ending December 31, 1891, $531.976.28. Ex:.'
and taxes. $57.781.39. Net income, $474.194.89. Paid interest on bonds. $340.000. Surplus, $134. 194. s9. < 'apital
stock, $7,091,450: funded debt. 1st mortgage 5 per cent, 50-year registered bonds, due December 1. 1935. interest
Jnne and December (authorized, $10,000.000). $7,000.000 ; mortgages payable, $716.67; floating debt, $81:0.0: >
total. $14.983.205.57. Contra ; Cost of road and equipment, $14,091,305.57 ; other investments, £124. 10 ; other as-
•et8, $505,677.93 ; profit and loss, $386.097.91— total, $14,983,205.57. J. X. Du BAIIHY, President ; Taber Aahton
Treasurer; Albert Hewson, Secretary. COKPORATK OFFICE, Philadelphia, Pa.

PERTH AMBOY AND WOODBRIDGE RAILROAD. -Rahway to Perth Amboy, X. J., 6.40
miles. Second track, 4.67. Sidings, 3.09 miles. Steel rails, 14.04 miles. Chartered March 9. 1855 ; road opened
October 11, 1864. Operated by Pennsylvania RR. Co. for cost. Rental for 1891. $66,496.2!). Payments : IB
on bonds, $4,000 ; other charges, $1,538.33; dividends, $19,655— total, $25,193.33. Surplus, $41,303.96. Capital
stock. $228.400 : funded debt, debenture registered 4 per cent, bonds, $100.000 ; unfunded debt, $9.14 ; profit and
loss, $147.750.62— total. $47iU5!).7C. Contra: Cost of road, «tc., $346,439.43 : all other a> --','0.33 ; MIH-

d'-ie>. $2.500— total, $476,159.76. WM. ,J. SKVTKLL, President, Camden, N. J.; F. Walcott Jackson, n<-
Jersey City, X. J.; J.'S. Vanzandt, Secretary a/td Treasurer. CORPORATE OFFICE, Philadelphia, Pa. Transfer
Office. 1 Exchange Place, Jersey City. N. J.

PHILADELPHIA AND ERIE RAILROAD.-Sunbury, Pa., to Erie, Pa., 2*7.56 miles. 2d track.
74.79; sidings, 180.99 miles. Total track (steel 519.16), 543.34 miles. Gauge. 4ft. 9 in. Rail. 5(5 to 70 Ibs. Ch;r
April 3, 1S37*. as Snnbury and Erie RR. Co.; construction commenced in 1852 : whole line opened October 17. 1S64.
Leased to Pennsylvania RR. Co. for 999 year-* from January 1. 1862. at a rental equalling 3;) per cent, of
earnings. Lease modified January 1, 1870. lessors to receive the net revenue.

Statement of operations, etc., Philadelphia and Erie RR.. for eight years :

Miles of Railroad . . .'

Passenger Train Miles . . . .

Freight Train Miles

Passengers Carried

Passenger Miles

Freight (tons) Moved . .
Freight (ton) Miles

Passenger Earnings

Freight Earnings

Miscellaneous...

1884 1885

Traffic Earnings

Transportation Expenses...

Net Traffic Earnings

Earnings per Mile

Expenses per Mile

Net Earnings per Mile

Expenses to Earnings

Av. Rate per Pass, per Mile
Av. Rate per Ton per Mile..

Common Stock

Special Stock

Funded Debt

Floating Debt

1886

287.56

563.596
1,347,694
1,075,232

1887 : 1888

287.56

1889 1890

237.56

1.183.671 1.294,944 1.492.946

1891

1. 474. i is i

19.211,8:38 20.637,647 22,426.244 23.242.186 26.173,304 2S.li-lS.il.-, :ii>.5»5n.919
f\ «•>•; QQ^ K oiv> m.1 '• rrtd ->->n « iw^ w. u s^ci mu m -,\7 j.--j«, in n : ~.i>-">

2S7.56 287.56 • 287.56 2S7.5H

554,728 557,947' 563.596 574,905

1.798.403 1.849,056 1,847,894 1,350,587

1.070.305 1,010,050 1,075,232 1,134.646!
20,785,551

4.904,011 5,625.385 6,202.014 7.704,220 8.4SS.327 9,339.019 ]<), 557.4
499.734.0^0 532332,714 586-615,619 617,507,905 707'.32 1,584 755.534-691 896.461,188 890,060.702

*> ^

509.950 541.593 584,159

2.653.407 3,070,029 3.551,256

13S.S% ' 96,863 101,516

3.»it;iU4»i 3,292,253 3.708.485

2.202.0i;ii J.!'!»9.373 2. -242. 532 2,457,048

1,458,080 1,292,880 1. 405. 1)53 ~1~57SK8H3

13.72S29 11. -US S3 12.S76 68 14.01712 15.18417 16,28173 17.783 3S

7.05776 li. 952 90 7.78657 8.53142 9.48989; 10. Hit) 25 11,78851

5. on i 53 4. 49.503 5.0'.)0 11 5.48570 5.69428

598,2951 657.1M5

3,671.142 3.914. IBS

103.605 116,704

~ .t -1—3 ft

60.16 p. c. 60.70 p. c. 60.50 p. c. 60.90 p. c. 62.50 p. c.

!.75c.
0.58C.

r. 015. 01 to

2.(>5 c.
0.50c.

$
7,975.000

2,«00,000 8,400,000

7.975.000
2.400,000

2.61 C.
0.54C.

7.975.000
2.400,000

4.373,042
2,733,088
1,689,954

16,281 73
10.11)925
6,11248
}.50p. c.

2.57'c. 2.ftlc. I
0.52c. 0.52c. I

7.1I75.00H 7.975.000
2,400.000' 2.400.000

737.222
4,262,255

134.311

5.113.788
2.92S.745 ::.-•
l,760.392"l.723.S';

5.994 81
6.29 p. c.
2.48 c.

0.47c.

739.306

127.302
5,201.361
3.34U.S5!)

,000

11.64230
6,44568

4.40 p. c.
2.42c.
0.48C.

7.975.000
2.400.000

7.1il'.(.<)0() 19,410.000 19,404,000 19,389.000! 19.474.000 19.47{.00<) 19, 674.00*1 r.M,74.nOO

I.IW.7'25 27,375 112,516 31.731 16,003 15,699 25«,

Total Stock and Debt... 2S.77,s.725 29.S2I.375 29.s»i.r>lti 29.7-..5.731 29.8(;:,.n(« -jn.sr.i.niis 30,305. iv

Construction 26.186,lli3j 26,186,168] 2ii.186.163 2ti.lSC. 163 26.lsti.lti3 20.315.091 30,085.470 30. 1

{.—Philadelphia and Eric; liR. Co., year ending December 31. 1S91. Net earnings from opera-
tions, as per statement of Pennsylvania RR. Co. (on pa-, s:^^ $1,853,501.85. Add net receipts from other s
S18,014.61 -total revenue, ?1. 871. 516.46. Payments: For maintenance of organization, $8,000 ; for
•equipment. $156.002.51: for bond interest. $1.210,470: State tax on bonded indebtedness for year.- is-;
and 1890, §71 .032.05 : State tax on capital stock from 1868 to 1887. inclusive, S'.»7. 500 -total. JjU.r.W.' •
.ance, $328,511.90.

Gent-rat !',«/« i,<;; Sheet, December SI, 1901.

Cost, of Road $80,160,805 32

Bonds, etc., of Other Companies 5.597 19

•Ca-h Balance— Organization Account 1

/'ash Balance -General Account . . 393

Total Assets $30.573. 1 03 25

Capital Stock ^-Common (par. $50

Capital Stock— Special (par, $50)

Funded Debt

t'npaid Coupons

T;ixo- KV-e.-ved

Profit and Loss

Total Liabilities. . .

POOR'S MANUAL — PENNSYLVANIA SYSTEM. 861

Profit and Low A^-'mt, I'. <fr E. /?/?. <'r,.. fc<-(»,fcr 31, 1891.
Mlegheny Vy. RR. Co.. -uarnntee account.. . Balance of Appn.prhrion for Organization... >

dit, January 1, 1892 .......... 507,78473 Balance, January 1, 1891 ................... 241.455:11

N..-r Income, year 18rJl ....................... 32s. 511 90

Total Debits ............................ $571.100 +1 To.al Credits ........................... $571.950 41

t'.indfil <i>>>t i$19.674.000i consisted December 31. 1891. of the following :

1st mortgage (Sunlmry \- Erie. 40 m.) 7 p. c. 30-year *1.()00 bond?, due April 1. 1897: int. April & Oct.... $976.000
Gen mortgage .Phil. Ifc Erie, iroid 6 p. c. 50-yeur $1.000 coup, bonds, due -July 1, ]'.ft>f»: int. Jan. & .July. . 8.680.000
Gen. mortgage iphil. A: Eric, -old 5 p. c. 50-year $1,000 reg. bonds, due July l, 11)20; int. April & Oct.. 3. 263,000
Gen mortgage (Phil. <fc Erie) 4 p. c. 50-year $1,000 res. bonds, due July 1, l!'2o : int. April & Oct ....... 4. 755.000

The L'eneral mortLraire is for $tO,OOOJOfc Dvriag the live fiscal years ending December 31, 18W8. the company
made an issue of 4 per rent. $1.000 registered bonds under this mortal:*', which were exchanged dollar for
dollar, for the 1st mortgage 7s. which matured July 1. 18*8. On this date. also, the Penn. RR. Co. exchanged
41.4.V..i»ot> of 4k per cent, debenture bonds held by them, for Sl.56o.000 4 per cent, bonds, secured by the general

;re above referred to. Principal and interest on the several issues of general mortgage bond-
teed by the Pennsylvania RR. Co. Of the 1st mortgage Snnbury &, Erie bonds, $1(53.000 are coupon and -
red.

Special stock is entitled to 7 per cent, per annum, before dividends can be paid on common stock. Voting
power attaches to stock after 30 days' ownership. Annual meeting, second Monday in February. Tru-te. - .if
bonds : 1st mortgage. S. & E. RR., the Penn. Co. for Insurance on Lives and Granting Annuities : gen. mort-
Vistar Morris and Alexander Biddle ; debenture bonds have been called and cancelled. All stock and
bonds listed on Philadelphia Stock Exchange ; $5.000.000 general mortgage 6 per cent, coupon bonds, lifted on
London Stock Exchange. Interest on bonds payable at 233 South Fourth Street. Philadelphia, Pa. Interest on
the general mortgage bonds also payable in London.

~I>iwtorfi P. &.' E. RR. Co. (elected February 8, 1892).— By Stockholders : W. Hasell Wilson. J. X. Du Barry.
Samnel Gnsline Thompson. N. Parker Shortridge, Henry D. Welsh. William J. Howard,William L. Elkins, Amos
R. Little. J. Bayard Henry. William H. Bftrnes. By Philadelphia City Cmmdl : James McManes. John L. Law-
son, John S. McKinlay. W. HASELL WILSON, President, Philadelphia, Pa.; J. S.Vanzandt, Secretary and
urer, Philadelphia, Pa.

PHILADELPHIA AND LONG BRANCH RAILROAD. -Birmingham to Bay Head Junction,
N. J . 46 11 miles ; Island Heights Junction to Island Heights. N. J., 1.20 : New Lisbon. X. J., to BrownV M -
in the Pines, X. J.. 1.80— total. 49.11 miles. Sidings. 5.17 miles. Rail (steel, 30.06 miles), 70 Ibs. Formed by
consolidation. October 13, 1883, of the Phila. and Long Branch Ry. (Whiting's to Barnegat Bay. 27.77 miles,
opened September. 1881). and the Pemberton and Seashore RR. iPemberton to Whiting's, 17.85 miles, built in
1870). In June. 1885. the Island Heights RR. was consolidated with this road. The line is leased to the Pennsyl-
vania RR. Co. for 50 years from January 1. 1884, for net earnings. Deficit from operations, year ending December
31, 1891, $46.174.48. Paid interest on bonds, $37.500 : other charges. $2.364.47— total deficit ($39.864.47. k
received, $417). §85,6-21.95. Capital stock paid in, $765.000 ; funded debt, 8750.000 (S900.00C authorized) consoli-
dated mortgage 5 per cent. 30-year bonds, due December 1, 1913, interest June and December : unfunded debt,
$595.110.30— total. $2,110.110.30. Confta : Cost of road and equipment, Sl-539.-222.83 : other assets, $5.593.38:
profit and loss, $5t>5.294.09— total $2.110.110.30. W. HASELL WILSON, President ; James R. McClure. Secretary ;
John M. Wood. Treasurer, Philadelphia, Pa.

PHILADELPHIA AND TRENTON RAILROAD.— Trenton to Frankford Junction. 23.66
miles : Kensington Branch, 2.84 miles— total, 26.50 miles : 2d track. 26.50 : 3d track. 25.(j4 : 4th track. 23.42 : sid-
ings, 25.57 — total track (steel, 123.52 m.), 127. 03 miles. C'hartered June 9, 1832 : road opened 1S34, and from l<-36
operated under traffic contract by the C. and A. RR. Co. In 1871 it was leased in connection with the United
New Jersey RRs. to the Penn. RR. Co., and since operated as a part of the New York Division. Rental, divi-
dend of 10 per cent, guaranteed in lease, paid annually by Penn. RR. Co. Capital stock. $1,259.100 ; unfunded
debt. $1.777.909.57 : income balance, S750.353.56— total. $8,787,863.13. Contra : Cost of road. etc.. $3,685,907.57 :
stocks and other investments. £151.455.56— total, $8,787,388.13. Annual meeting, third Wednesday in February ;
books close 00 days previously. Dividends payable on the 10th days of January. April. July, and October. Stock
must be held for 10 days preceding payment to entitle holders thereof to dividends. Books do not close in ad-
vance of dividend payments. Of stock, $494.100 is listed on Philadelphia Stock Exchange. WILLIAM H. WILSON,
President : John M. Wood. Treasurer ; J. R. McClure. Secretary. CORPORATE OFFICE, Philadelphia. Pa.

PHILADELPHIA, GERMANTOWN AND CHESTNUT HILL'RAILROAD.-German-

town Junction, Pa., to Chestnut Hill, Pa., 6.75 miles. 2d track, 6.74 ; sidings, 3.f6 miles. Total track (steel, 16.73
mileei, 17.35. Chartered January 2, 1883 ; road opened June 11.1884. Operated by the Pennsylvania RR. Co.,
which guarantees payment of bond interest. Rental, year ending December 31. 1891. $86.336.85 ; other receipts,
8427.03— total, J86.763.88. Expenses and taxes. $6.750.67. Net income. $80.013.21. Paid interest on bonds. s45.-
000. Surplus. §35,013.21. Capital stock. $1,000.000: funded debt, 1st mortgage, registered. 4i per cent.
bonds, due May 1. 1913, interest May and November. $1,000.000 ; unfunded debt. $40.360.41— total. $2,040,860.4]
Contra: Cost "of road, etc., $2,036.060.41 : other assets. $4.300— total. $2.040,360.41. Annual meeting.
Monday in January. HENRY D. WELSH, President ; Albert Hewson, Secretary; Taber Ashton, Treasurer. COR-
PORATE OFFICE, Philadelphia. Pa.

PITTSBURGH, VIRGINIA AND CHARLESTON RAILWAY. -Pittsburgh to West
Brownsville. Pa. ,53. 23m.: branches. 19.29— total. 72.52 m.: 2d and 3d track. 15.9: sidings. 51.21— total track
(steel. 125.12 m.), 139.63 miles. Chartered a.< Monongahela Valley. April 8, 1867 ; named changed Februarv4. ISTO.

rhe Brownsville RR., from Mt. Braddock to Brownsville. 17.5 miles, was consolidated with this road.
Opened to Monongahela City, 30 miles, in 1873 : to Brownsville, 23 miles, in 1881 : Redstone Branch, in 1882."
Leased and operated by the Pern. RR. Co., net surplus to go to lessor company. Rental, 1891. $385.6(15.91. Ex-
penses and taxes, $95,469.37. Net income, $290. 13ti.54. Paid interest (at Philadelphia. Pa.), $180.000. Surplus
$110,13t;.54. Capital stock (par. $50), $2,022.650 : funded debt owned by the Penn. RR. Co.), 1st mortgage 5 per
cent 30-year bonds, due April 1, 1912 : interest April and October, $3.000,000 : other bonds. $600.000 : mort^a^es
$10,000: profit and loss, $242.67S.98 : unfunded debt, S163.634.55 ; unpaid dividends, etc.. $6,773.50— total. $6,-
04">,736.'.tS. Contra: Cost of road and equipment, $5,959.260.85; stocks and other investments. ^1 250 • othe'r

-s>,226.13— total. $6,045.736.1*8. J. N. DC BARRY, Prendtnt, Philadelphia, Pa.; D. P. Corwin, Secretary •
Taber Ashton, Trt-asurer. CORPORATE OFFICE, Philadelphia, Pa.

POMEROY AND NEWARK RAILROAD. -Pomeroy. Pa., to Newark (P., W. & B. RR.). Del.r
.7 miles. Sidings, 1., S3 miles. Steel rail, 8.59 miles. Formerly Pennsylvania and Delaware RR. Sold February
9, 1879. and became Pomeroy and State Line RR. Reorganized under present title in 1881. Operated by Penn-
sylvania RR. Co. under a lease for 99 years, dated March" 1, 1880, net results going to lessor companj-. Deficit for
1*.»1. $«6,«4.22 : expenses and taxes. "$38.55 : lease rentals, $923.99— total deficit, $27.586.76. Capital stock mar
$50). $800.000; floating debt. $166.870.60— total, $666.870.60. Contra.- Cost of road, etc., $502,05625- other
aegets, $4.35 —total. $902.060.60. W. HASBLL WILSON, Pr«eid*nt ; James R. McClure, Secretary and Treasurer
CORPORATE OFFICE. Philadelphia, Pa.

862 POOR'S MANUAL — PENNSYLVANIA SYSTEM-.

RIDOWAY AND CLEARFIELD RAILROAD. -Ridgway, Pa., to Falls Creek, Pa.. '-27. 2M miles.
Siding?. 10.07' miles. Total track (steel), 87.30 miles. Chartered April 20, 1882; road opened in 1SS5. Operated
by the Perm. RR. Co. under contract dated July 23, 1884. Rental for 1891, 8109,802.32: other receipts, $156—
total income, $109,958.32. Expenses and taxes* $4.:559.82. Net income, $105. 598.50. Payments ; Interest on
bonds, $24,550 ; dividends. (6 percent.), $29,460 total, $54,010. Surplus. $51.588 50. Capita) stock. $-19!. 000;
funded debt. 1st mortgage registered 5 per cent. 40-year bonds, due November 11, 1923, interest May and Novem-
ber (authorized, $1,000,000), $491,000; profit and loss. $159,5^0.81— total, $1,141,58081 Cnntia • Vost of road
$985,4fi9.80: other assets, $156,111.01— total, $1,141,580.81. J. N. Du BARRY. President; Taber Ashton, Twi*-
tn't-r ; Albert Hewson, .s .:<Ttt<ir>/. CORPORATE OFFICK, Philadelphia, Pa.

RIVER FRONT RAILROAD.— Junction with Philadelphia and Trenton RR. at Kensington to Dock
Street. Philadelphia, 3.62 miles ; branch to Laurel Street, .24 mile— total road owned. 3.8t> miles Second track,
2.27 miles : sidings, 2.92 miles. Rail (steel, 8.40 miles), 56 to 88 Ibs. Chartered May 5, 1876. Opened in 18S2.
Leased to the Pennsylvania RR. Co. and operated in connection with the United RRs. of New Jersey Division.
Rental, year ending December 31, 1891, $23.000; other receipts. $360— total, $23.360. Expenses and taxes, $20.30
— net income. $23.339.70. Payments : Interest on bonds. $9.720 : dividends (May and November. 2i per cent.
each), $10,800— total. $20,520. Surplus. $2.819.70. Capital stock (par, $50), $216,000 : funded debt (1st mor
4.1 per cent, bonds, due May 1, 1912, interest May and November), $216,000 ; ftoatin"- debt, $151.916.14 : income
balance. $28,701.49— total, $612.617.1)3. Contr'i : Cost of road, $593,980.34 ; other assets. $18,687.29— total, $5<tf.-
980.34. J. N. Du BARRY, /'resident ; James R. McClure. Secretary and Treasurer. CORPORATE OFFICE, Phila-
delphia, Pa.

ROCKY HILL RAILROAD AND TRANSPORTATION CO. -Rocky Hill to Kingston, N. J.,
2. 3s in. — total track (steel, 2.78 m.), 3.06 miles. Chartered February 17, 1853; road opened in 1864. Leased in
18;>9 to 0. & A. RR. Co., and transferred to Penn. RR. Co. Rental 6 per cent, on capital stock. $45.600. Divi-
dends paid June and December at treasurer's office. F. WAI,COTT JACKSON. /'/v*i'/r/<./. Jersey City, N. J. ;
Stephen Voorhes, Treasurer; Leroy H. Anderson, Secretary, Trenton, N. J. CORPORATE OFFICE, Rocky Hill,
Somerset Co., N. J.

SOUTHWEST PENNSYLVANIA RAILWAY.— Greensburg to Fairchance, Pa., 44.50, and
branches, 63.21)— total, 107.79 miles ; 2d track. 4.43 : sidings, 4S. 82— total track (steel, 133.56 miles), 161.04 miles.
Organized in 1871 : road opened in 1873. Leased April 1. 1S73. to Penn. RR. Rental, 1891, $373,752.79 ; other
receipts, $18,870.90— total, $392.623.69. Expenses and taxes, $93,564.85. Net income, $299,058.84. Payments:
Interest on bonds. $63.000 ; dividend* (March and September, 5 per cent, each), $149,990— total. $212.990. Surplus,
$86,068.84. Capital stock (par, $50), $1,499,900 : funded debt (1st mortgage 7 per cent. 40-year bonds, intere.-t
February and August, due February 1, 1917), $900,000 : unpaid dividends, etc., S2.167.50 : sinking fund. $69.405 ;
profit and loss, $1,073,748.11— total, $8,545,220.61. Contra; Cost of road and equipment, $2,408,761.85; stocks
and other investments, $38,000 ; other assets, $1,098,459. 2H— total, $3,545,220.61. Interest payable at treasurer's
office, Philadelphia, Pa. At a special meeting of the stockholders held in Philadelphia in November, 1889, an
increase in the stock to $3.000,000 was authorized, additional amounts to be issued from time to time as needed
for improvements. J. N. Du BARRY, President ; Taber Ashton, Treasurer ; Albert Hewson, Secretary. CORPO-
RATE OFFICE. Philadelphia, Pa.

SOUTH FORK RAILROAD.— South Fork Junction to Dunlo, Pa. ,7.93 miles. Sidings, 1.69 miles.
Gauge. 4 ft. 8.) in. Rail (steel), 67 and 70 Ibs. Chartered July 2, 1890 : road opened August 15, 1891, on which
date it was leased to the Pennsylvania RR. Co.— annual rental, net earnings. For the five months ending Decem-
ber 31, 181)1, the rental showed a deficit of $4,107.18. Financial Statement^ December 31, 1891.— Capital stock,
S28.000 : unfunded debt, $63,697.69— total, $91,697.6!). representing co-t of road. J. N. Du BARRY, President;
James R. McClure, Secretary and Treasurer, Philadelphia, Pa. PRINCIPAL OFFICE AND ADDRESS, Phila-
delphia, Pa.

SUNBURY AND LEWISTOWN RAILWAY.— Selinsgrove Junction to Lewistown, Pa., 43.45
miles. Total track, 50.79 miles. Steel rail, 45.55 miles. Road opened in 1871 ; sold under foreclosure in 1874;
leased to Penn. RR. Co. for expenses and contingent interest in net earnings after payment of interest on bonded
debt. Net earnings under lease for 1891, $216,834.56. Less interest on bonds and contingent interest, $125,917.28.
Net income under lease, $90.917.28. Other earnings, $2.152.57— total income for year, $93,069.85. Capital stock,
$600,000 : funded debt (1st mortgage 7 per cent. 20-year bonds, due July 1, 1896), $600,000— total, $1,200,000. Of
the bonds, $100,000 are reserved in trust for betterments, etc. Cost of road to date, $1,100,000. Books close for
dividends first Mondays in March and September. Dividends (each 3 per cent.) paid April 1 and October 1. The
company ha-: paid the following dividends : October 1, 1881. 3 per cent.; April 1, 1882, 3 per cent.; October 1,1882,
3i per cent.. April 1. 1883, 3- per cent.; October 1, 1883, 3 percent.; April 1, 1884, 3 per cent.; October 1, 1884, 3 per
cent.: April 1. 18S5, 3 per cent.; October 1. 1885, 3 per cent; April 1, 1886, 3 per cent.: October 1, 1886, 3 per cent.;
April 1, 1887, 3 per cent.; October 1, 1887, 3 per cent.: April 1, 1888, 3 per cent.; October 1, 1888, 3 per cent.; April
1, 18S9, 3 percent.; October 1, 1889, 3 percent.; April and October, 1890, and 1891, 4 per cent. each. Stock and
bonds listed on Philadelphia Stock Exchange. AARON FRIES. President ; Frank S. Lewis. .Vcvv/V//'y and, 7V"/--
vrer. CORPORATE OFFICE, Philadelphia, Pa.

SUNBURY, HAZLETON AND WILKESBARRE RAILWAY.— Sunbury to Tomhicken,
Pa., 43.44 miles. • Sidings, 12.22 miles. Total track (steel, 52.51 miles), 55.66 miles. Chartered April 5, 1859. as
the Danville. Hazleton and Wilkesbarre ; road opened in 1870. Sold under foreclosure March 20, 187S ; reorgan-
ized under present title, May 1, 1878 ; leased to Pennsylvania RR. Co. for 50 years from the latter date. Rental,
year ending December 31, 1891, $230,393.78. Expenses and taxes, $9,619.42. Net income, $220,774.36. Payments:
Interest. $142.100 ; dividends (6 per cent.), $60,000— total, $202,100. Balance, surplus, $18,674.36. Capital stock.
$1,000,000 ; funded debt. §2,535.000 : unpaid interest, $3,426.55 : profit and loss. $339,416.96— total. $3.877,843.51.
Contra: Cost of road, $3,535,109.96; other assets, $271.913.55 : sinking fund. $70,820— total. $3,877.843.51. The
funded debt ($2,535,000) in detail is as follows : 1st mortgage A, 5 per cent, bonds, due 192S. interest May and
November, $1.0(30,000: 1st mortgage B. 6 per cent, bonds, due 1928, interest May and November ($1,000,000 author-
ized), $185,000 ; 2d mortgage 6 per cent, income bonds, due 1938, interest May and November, $1,350.000. Interest
on bonds payable in Philadelphia, Pa. J. N. Du BARRY, President ; Taber Ashton, Treasurer : Albert Hewson.
Secretan/. CORPORATE OFFICE, Philadelphia, Pa.

SUSQUEHANNA AND CLEARFIELD RAILROAD. -Keating, Pa., to Karthuns, Pa.. 22.7S
miles; Three Run -branch, 2.11 miles. Sidings, 2.93 miles. Steel rail, 27.82 miles. Operated by Pennsylvania
RR. for net earnings. Rental, year ending December 31, 1891, $3,928.09; other receipts. $188.23— total in-
come, $4,116.32. Expenses and taxes, $423.46. Net income, $3.692.86. Interest on bonds, $14,250. Deficit for
year $10,557.14. Capital stock, $288,000: funded debt, 1st mortgage 5 per cent. 40-year bond-, due November
1, 1923, interest May and November (authorized. $1,000,000), $285,000; unfunded debt, $75,258.18— total. J
•258.13- Contra: Cost of road, $570,912.55; profit and loss, $75.345.58— total, $646,258.13. J. N. Dr BARRY,
President ; Taber Ashton, Treasurer; Albert Hewson, Secretary. CORPORATE OFFICE, Philadelphia, Pa.

TIPTON RAILROAD.— From Tipton to Tipton Run Coal Company's Mines, Pa., 4.41 miles, sidings,
1.34 miles. Gauge, 4 ft. 9 in. Rail (steel, 5.64 miles i. 67 Ibs. Chartered September 5. 1885 ; road opered May 1,
1886. Leased to and operated by the Penn. RR. Co. Rental 1891. .>5.t>39.12. Expenses and taxes, $7.40— net
income, $3,631.72. Capital stock (par, $50), $43,250 ; profit and loss, $18,295.25— total, $61,545.25. Contra : Cost

POOR'S MANUAL — PENNSYLVANIA SYbTE.M.

863

of road and equipment. $43.250 : other asse' K -total. S»;i. 545.25. J. X. DUB.VKI-.Y. J't^i</>-nt ; James

/ Trntwrtr. CORPOKATK OKKKK. Philadelphia. Pa.

TURTLE CREEK VALLEY RAILROAD. -Stewart Sra. I'a.. M Mnrveysville, Pa., 6.44 miles.
Siding. 0.3 mile. Rail i-teeb. TO li>s. chartered May 7. Jx-6 : road Opened September ,S. l-'.M. 071 which it was
leased to tln> Pem.svlvania RK. Co. -annual rental, net eaniinirs. li«-<>m> .\<-<-<mnt for three months ending
December 31. IS91. --Deficit from operations. $1.701.3*. Finnurm! St<i1r,,,,-nt. Di-rember :;i. 1891.— Capital stock.
$250.000; unfunded deb'. - total, representing <-o>t of road and equipment. s256.6i»;.60. Dividends

payable at the Penn. RR. Co.. Philadelphia. Pa. J. N. Dr BAKKY. /'/•- .<i<iti,t ; -James R. McClure. Xtcf-tary at.d
irer, Philadelpliia, Pa. PUIN; II-AI. OKKK K AND ADDUKSS. Philadelphia, Pa.

TYRONE AND CLEARFIELD RAILWAY. -Vail. Pa., to Pennsville. Pa.. 49.53 miles : branches
70.9s miles— total. 120.51 miles ; 2d track. 12.38 : sidings. 37.47 miles. Steel rails. 156.5s miles. Chartered in 1853:
road opened from East Tyrone to Phillipsburg, 23.5 miles, in 1872. Reorganized after foreclosure. September 28.
IN;I;. h'.i.-.d Completed to" curweiisville. 44.04 miles from East Tyrone, in 1872. Leased for 50 years from January
. the Pi niisylvania RR. Co. The Mo^hannon and Clearfield RR. from M. A: C. Junction to Whiteside'fl
Summit. 4.1!< miles, and branch. 1.31 miles, were built in INSI. Merszed into the Tyrone and Clearfield, April 14.
isxj. Rental, H'.U. $1 12.500. Payments: Expenses and taxes. $2.50i> ; interest" on bonds. $50,000: sinkini:
fund. $10.000 : dividends (June and December. 2.V per cent. each). $50.000- total. $112.:;00. Capital stock. |
000: funded debt. 1st mortgage 5 per cent, bonds, due January 2. 1912, interest January and July, $1,000,000 ;
unpaid interest and taxes, $27,500 ; profit and lose, $93,258.34— total, $2,120,758.34. I'on'rtt: < osf of road, etc.,
S2JH-6.495.91 : other asaetft, $54,262.43- total. *2.l2o.7.>.34. -T. X. Dr li.-.Kitv. /'wittei.r ; Albert Hewso;
tary : Taber Ashton, Trtawrer. CORPORATE OFFICE. Phiiadelphia. Pa.

UNITED NEW JERSEY RAILROAD AND CANAL COMPANIES.-Main lines railroad
owned : Jersey City to Trenton. 56.54 miles, and South Amboy to Camden. 01.15 miles ; branches owned. 27.' 3
miles— total. 144.72" miles : 2d track. 89.72 : 3d track. .54.41 : 4th track. .'4>3 : Hidings, 20.s.3;;— total of all tracks
(steel. 430.42 m.t. 522.04 miles. Canal owned : Bordentown to New Brunswick, and feeder, t'6 miles. The Dela-
ware and Raritan Canal Co. and the Camdeu and Amboy Railroad Co. were both chartered in February. 1830. the
former to construct a canal to connect the Delaware and Raritau Rivers, and the lafteT to build a line of railroad
from the Delaware River to Raritan Bay. In February. 1831. an act was pa^eu authorizing the consolidation of
the capital stocks of these two companies, the companies being thus practically consolidated, although nominally
distinct corporations. The affairs of the companies were managed jointly by the directors of b«th. and they u ere
to share equally in profits. Under this joint management the construction of the work- was beL'tin. The main
line;- of the railroad and canal were completed in 1834. and the branches in 1838. In 183«5 the United Companies
acquired a controlling interest in the stock of the Philadelphia and Trenton RR. Co.. and entered into an agree-
ment with that company for an equal division of their.joint profits.

In January. 186?. an agreement was entered into between the United Companies and the New Jersey Rail-
road and Transportation Co.. which owned the line between New Brunswick and Jersey City, forming a fink in
the through New York-Philadelphia route, for a consolidation of interests : and under this agreement the profits
were equally divided between the four companies— the Delaware and Raritan Canal Co.. the Camden and Amboy.
the New Jersey, and the Philadelphia and Trent- >n Railroad Compan'es.

In June. 1871. the entire property was leased to the Pennsylvania RR. Co.. for 9fH) years, the lessee receiving
all assets and assuming all obligations, and guaranteeing to the United Companies an annual rental equal to 10
per cent, on the aggregate capital stock, and dividends of an equal rate to the Philadelphia and Trenton.

Statement of operations, etc.. U. RR. N. J. Division for seven years :

1885

1886

1887

1888

1889

1890

1891

Railroad.

Miles of Railroad

445.10
4,436,271
4.332.365
14.290.409
872,789,011
9.808,972
595.671.674

5.907.716
7.673.784
.544.795

465.99
4.670.2SS
4.595.207
15.854.1" '4
290.42-.:)44
10.210.537
507.970,705

6.375.924
8.074.571

5.54.284

466.98

4.027.456

17.;:
318.096.307
11.421.442
639.791,152

8J16M1

572.518

464.70
5,030,496
5.530.047
is. 720.031
827,861,856
12,650,633
785,068,066

6.968.551
8.847.088
759.464

440.22
5.020.549
3.373.310
20.205.975
860,247,095
13.701.883
7!' 4.278,648

9,358,485

870,051

447.54

5.659.3')1
5.938.997
21.305.1S7
365.383.601
14.953.263
851.308,241

7,664,861

9,850.678

024.605

449.97
5,874,460
5,892,396
21.656.267
364.612.197
15,052.933
862.696.67.->

7.586.479

1.021.452

Pas-en«er Train Miles ..
Freight Train Miles ...
_rers Carried
Passi-nger Miles
Freight (tons) Moved...
Freight uom Miles

Passenger Earnings
Freight Earnings
^aneous

Gross Traffic Earnings

Transportation Expense.-

Net Traffic Earnings..

Gross Earnings per Mile
Gross Expenses per Mile
Net Earnings per Mile . .
Expenses to" Earnings. . .
Aver. Rate p. Pass. p. M.
Aver. Rate p. Ton p. M .

Canal.

Tolls

14.126.2U5
9.917,aS3

15.004.779
10.827.107

15.834.435
11,886.842

16.575.103

12.640.806

17.598.292 18.429.734
13.316.506 13.v,7.;52

18.595.418

14.:

4.208,912

31.73735
20.034 56
10.70279
70.21 p. c.
1.919 c.
1.249 c.

298,017
114,214
116,848

4. 17;. 672

32.199 79
23.234 63
8.96516
72. 22 p. c.
1.^57 c.
1.327 c.

281,802
226,664
25.060

3.947,593

33.911 79
25.457 44
x.454 35
75. 07 p. C.
1.953 c.
1.285 c.

I

246,663

243.075
5,581

3,934.297 4,281,786

35.668 39 39,976 13
27.202 08 36.249 66
8,46631 9,78641
76.27 p. c. 75.67 p. c.
1.1-34 c. 1.920C.
1.220c. 1.178C.

245.241 261.421
242,095 229.157
38,412 28.330

4,561.982 4,052.854

41.18008 41.32590
31.21006 32.31896
9.97002 9.. >0694
75. 25 p. c. 7S.21 p. c.
1.919 c. 1.908 c.
1.157 c. 1.158 c.

3 3
254,680 187,611
240.136 182.041
5.307 30.521

Steam Towing, etc
Incidentals and Rents . .

Gross Earnings

Maintenance
Operations
Steam Towing

Gross Expenses

Net Earnings

529.079
107.186
137,460

533.526

116.334
123,495
1.50.876

494.219

103.839

139.759
170.561

525.74*

100,005
129,662
201,013

518,908

109.780
126.070
183,090

509,163

102.869

121.039
191,418

400,174

97,612
114,497

151,126

342,374

390,705

414.159 430,680 418,940

415,326 363,225

186.705

142,821

80,060

95,068

99,968

93,837| 36,949

864

POORS MANUAL — PENNSYLVANIA SYSTEM.

Gross earning, 1891, including Delaware and Karitan Canal, $16.738.011. 12 ; expenses, railroad and canal
$18,211,906.98; net earnings, $3,566,106. 19; Add interest from investments. «-497.4l6.5S. Total net revenue*
$4,053.521.77. Paid interest on bonds, on mortgages and ground rents, organization expense*. >alaries etc 10
per cent, dividends. $4,336.917.77. Net loss to lessee, $188,896. Dividends paid by lessor, quarterly' 2i per
cent, each January. April, July, and October, at Philadelphia and New York.

Annual meeting, last Tuesday in May. Books do not close, but stock must have been held 20 days to be
voted. Books close for dividends on the 20th days of March, June, September, and December and reopen on the
first of the following months.

Statement of income and capital accounts, United RR. and Canal Cos., for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Net Earnings, Railroad
Net Earnings, Canal
Int. from Investments, etc.

,3,741,898
166,307

aw. 178

$
4,157,100
186,70S

304,801

S
1,118,931
142,821

401,025

$
3,883.003

so,o<;<

532,102

$
3,81)9,05'..
96,061

099,897

4,2>fl,78(
99,96*
659,044

4.501 ,'K.
93,83;
479,158

1,052,854
197,417

Total Income

Dividends (10 per cent.) —
Organizations, Salaries, etc.
Interest on N. J. Loans. . . .
Int. on Mortgages & Rents.
Rent's

4,259,877

2,173,450
11.500
1,162,957
68,865

297',862

4, 048, (ill

2,173,450
11,500

1,162,957
56,958
313,488

4,662,777

2,173,450
11,450
1,1(52,957
33,438
383,640

4,495,105

2, IT'S. 450
11,317
1,158,671
33,183
350,921

4,0(54,018

2,173,450

10,800
1,152,327
59,19!
363,612

5,040,798

2,173,450
10,800
1,140,151
00, (575
888,21<

5,134,97(

2.173.45<

1.030.55;
54,674

374 -'7'f

4,587,280

2,173,450

1,036.557
60,937
14't 4"-}

Dividends Branch Roads. . .
Interest Branch Roads
Rentals Leased Roads, etc.
Transit Duty and Taxes. . . .
Com. Paying Coupons

55,703
15,550
787,670

302,894
1,962

55,703
44,151
885,095

302,807

1,90;

54,270

44.150
67'3.090
302.001
1,840

19,41(1
42,233
599,183
802,903

1,831

30,070
26,000
703,824

302,901

1 ,S2T

30,676
20,250
772.154
302,901
1,819

80,676

2<i.25(
7'30,f>94
302.9(10
1,819

30,676
26,251

770.S42
302.902
1^789

Total Payments

4,853,414

'

4,808,108

4,841,7'93

4,723,156

4,824,519

4,902.086

4,738,091

4,863,676

Loss

593,636

159,49?

179,010

227,991

160 501

P 138,712

P 396 885

1 ''"!' 156

Capital Account.
Capital Stock
Funded Debt
Bonds and Mortgages

21 ,240,400
20.100.00:1
1,177,648

21.240,028
20,101,685
871,643
750,000

21.240,028
20,101,625
789,643

7-511.000

21.240,028
20,000,000
789,648
750,000

21,240,628
20,000,000
7'X(i. ! W
750,000

21,240,628
20,000,000

21. 990. C,2;
20,001,1)25

21. 990.D28
20,001,625

(i 18.043
i

Due Penn RR Co *

2 208,172

2,783,869

3 912 10(5

4 433 010

}- (OO.OOO

8.8Kl.7'09

>10 '565 ")"''

Sinking Fund*
Undivided Earnings

2,330,880

472' 155

2.593,800
472.455

2.850.7'20
17'° 455

3. 157'. 890
17'-' 455

47'2 455

47'2 4")")

r° 4"">">

Total Stock

Permanent Property
Stocks
Bonds
Advances, etc
Sinkinrr Funds*

42.517.043
3-U95.918
4.020.H7'8
1,126,450
194,136

18,065,403

38.3ii3.560

V 6*628,241

:> {•>']' 541'

48,712,020
as,782,788

0,022,391
2,090. J67

50,021,612
39.932.459

6,519,391

2 953 387'

50.840,726
40.491,204

0.429.002
3 254 557'

50,270,653

H. 052. 400

(i. 429. 002
1

51,305,417

.N.U74.3U5

0.429.002

53.048. <>22
44.2'
4,434,149

1.120.600
494.136
•> -j-j-, (|(J7

Cash and Cash Items, etc.*.

616,049

616,874

010,375

509,821

67 975

2.901.450

67 975

Due by Penn RR Co

81 507

J

Total Assets

44,743,382

48,085,408

48,712,020

50,021,012

50.840,726

50,270,668

51.305.417

18.922

* No information previous to 1885.

P. Profit.

L. Loss.

Financial Statement, December 31. 1891.— Capital stock, $21, 990.627.50 ; funded debt. $20,001,625; bonds
and mortgages, $618,642.75 ; Penn. RR. Co. —sinking funds, real estate, construction, etc.. $10,565.571.69 : undi-
vided earnings, $472,455.40— total, $53,648.922.34. Contra: Cost of railroads, canals, real estate, steamboats.
$44,204.889.97; stocks owned, $4,434,149.25 : bonds owned, ,$1,120,600 ; advances, $494,135.58 ; other prop.
S3S0.777.27; sinking funds. $2,355,066.81 : premium and discount, $67,975.08 ;'ca«h and cash items. -
due by Pennsylvania RR. Co.— cash received by them, $81,506.97— total, $53,648,922.34.

Expenditures for additions and improvements by lessees since 1871 :

Prior to
Dec. 31,

1884

1885

1886

1887

1888

1889

1890

1891 i

Construction

6,786,808

$

69.756

151,179

$

S02,03!

398,900

(iM.4-.j3

-
1.77S.033

1,048,969

Real Estate

1.046,87'2
•> xq 403

226,618

3! 12, 094

200,284

121 1 16

111.381

154,996

10 645

169.468

.V :'ol

]21.0<.>i

Har^imus Cove Real Est etc

761 591

17'l,ood

763

15.597'

• ;:, :',>',

24 953

Total

10.868,670

466,26G

51 J.636

1.1911,058

613,909

848,994

2,014,830

• — 1

Thetotal to December 31, 1891, has been expended as follows : For construction, irenem!. *11.771. -
real estate, general, $2,382,227 ; for right of way and real estate, llarsimus Cove, $1.042.657 ; construction, Harsi
mus Cove property, $2,571.823— total cost of construction, real estate, etc., $17.768.094. This amount i
obtained from sale of bonds, materials, eic., $6,658,604; stock issued to Pennsylvania RR. Company — total, $9,
658,604. Debit, balance, December 31, 1891, $8,109,490.

RUDOLPH KLEYBOLTE & GO,,
Bankers and Brokers.

Dealers in first-class Commercial and Collateral
Paper, and City. County and Railroad Bonds.

Especial attention paid to listed and unlisted in-
vestment securities.

No. 30 West Third Street,

(Masonic Temple.) CINCINNATI, OHIO.

F, W. PRESCOTT & CO.,

BANKERS AND BROKERS,

36 & 37 AMES BUILDING, BOSTOX.
6O BROADWAY. ROOM 303, NEW YORK.

Telephone 211. Interest Allowed oil Deposits subject to check.

ORDERS executed for Cash or Margin in all STOCKS and BONDS listed on the NEW

YORK, PHILADELPHIA and BOSTON STOCK EXCHANGES.

Customers can telegraph orders at our expense.

Solicitors and Negotiators.
57 and 59 WILLIAM STREET, NEW YORK.

REMINGTON & CO.,

General Contractors,

RAILROAD CONSTRUCTION WORK A SPECIALTY.

Correspondence Solicited.
Office: 1OO Washington St., Chicago, U.S.A.

PENNSYLVAri

k AND OHIO.

*rvb*w aC.Te^;

UW£

PWSM-VfWS

7rVte^^T0:^^i£

^BeriiS^S^'^W^^^

*» -'e. JP x^\ ^K&fiR;

Lontrttnde Eakt ENG'D BY AMERlCAN*BA^K NC

L.H. TAYLOR & CO.

BANKERS,

Cor. 5th and Chestnut Sts., PHILADELPHIA, PA.

Members New York and Philadelphia Stock Exchanges.

STOCKS AND BONDS BOUGHT AND SOLD, AND
CARRIED ON FAVORABLE TERMS.

HIGH GRADE INVESTMENT BONDS FOR SALE,

ACCOUNTS AND CORRESPONDENCE SOLICITED.
ED. C. JONES. GEO. E. FAILE.

JONES & FAILE,

INVESTMENT BANKERS,

80 BROADWAY, NEW YORK CITY,

JfUY ANT> SELT;

State, City, School and Railway Bonds Suit-
able for Savings Banks and
Conservative Investors.

WRITE US IF YOU WISH TO BUY OR SELL.

POOR'S MANUAL OF RAILROADS. 865

The funded debt consists of nine separate issues, as follows :

1. Sterling 6 per cent, loan, dated April 20, 1871, due March 4, 1864 £369,200= $1,846,000

2 Sterlin" 6 per cent, loan, dated April 20, 1871 . due March 1. 1894 £360,000= 1,800,000

3. Currency 6 per cent, loan, dated April 20, 1871, due October 1, 1894 2,000,000

4 Currency 6 per cent, loan, dated April 20, 1871, due March 1, 1901 3,000,000

5. Currency 6 per cent, loan, dated November 20, 1871, due March 1, 1901 S>,300,000

fi. Currency t; per cent, loan, dated March 20, 187! , due March 1, 1901 369.000

7. Currency <> per cent, loan, dated 187S. due 19(18 841,000

8. Currency 4 per cent, loan, due February 1, 1923 1,824,000

9. Currency 4 per cent, loan, due September 1, 19:29 6,020,000

Directors United Companies (elected May 26, 1891). — John C. Barren, New York, N. Y.: Charles E. Green,
Robert F. Stockton. Trenton, N. J.; F. Wolcott Jackcon, Newark, N. J. ; Joeepl»D. Bedle. Jersey City, !N. J.;
Thomas McKean, J. Lowber Welsh, Anthony J. Drexel, Philadelphia, Pa.; Win. W. Astor, Alfred Van Sant-
voord. New York, N. Y.; Thomas Oakeu, Bloomfield, N. J.; Samuel S. Dennis. Newark. N. J. St<itt Director :
E. F. C. Young, Jersey City. N. J. Officers : ROBERT F. STOCKTON, President; Leroy H. Anderson, Secretary
and Treasurer, Trenton, N*. J. CORPORATE OFFICE. Trenton, N. J.

VINCENTOWN BRANCH RAILROAD.— Ewensville to Yincentown, N. J., 2.84 miles. Total
track (steel. 0.8(3 m.), 3.37 miles. Leased June 1. 1868, to C. & A. RR. Co., operated by Penn. RR. Co. Rental, 6
p. c. on $15.UOu capital stock. Funded debt overdue (owned by Penn. RR. Co.), $15,000. Cost of road, etc.. when
leased, $43,256.61. JOHN S. IRICK, President ; Henry J. Irick, Secretary and Treasurer. CORPORATE OFFICE,
Vincentown, N. J.

WEST CHESTER RAILROAD.— Zermatt to West Chester, Pa., 5 milee. Total track (steel, 5.26 m.),
6.39 miles. Gau^e. 4 ft. 9 in. Chartered February 18, 1831 : road opened September 13. 1832. Leased to Penn. RR.
Co. for 99 years from August 6, 1879. Rental, 1891. $12,965.41. Expenses and taxes. $965.41. Net income,
$12,000. Payments : Interest on bonds, §3,750: dividend (5 per cent.). $8,250— total, $12,000. Capital stock,
§165.000; funded debt (1st mortgage 5 per cent, bonds, due September 1, 1919; authorized. $75.000), $75.000;
mortgage, $16,B68 ; unfunded debt, $12.173.13 ; other accounts. $400 : profit and loss, $20,680.20— total. $289.981.-
33. Contra: Construction. $281,724.38 ; other assets, $8.256.95— total, $289.981.33. JOHN P. GREEK. President ;
Taber Ashton, Treasurer ; Albert Hewson, Secretary. CORPORATE OFFICE, Philadelphia, Pa.

WESTERN PENNSYLVANIA RAILROAD. -Bolivar to Butler. 70.63, and Butler Junction to
Allegheny City, 27.60 miles ; other branches. 17.87— total, 116.10 miles; 2d track, 29.05: sidings, etc., 48.91—
total track (steel. 177.45 m.), 194.06 mile?. Chartered February 9. 1853, as Northwestern Pennsylvania RR. Co.,
sold under foreclosure July 5, 1359 ; existing company organized March 1. 1864. Main line opened to Blairsville
in August, 1865 ; extended to Bolivar in 1883 : Butler Branch opened in June. 1870. Leased for 50 years from
Juue 1. 1883 ; rental, net earnings. Rental. 1891, $629,257.39 ; other receipts. $20,233.21— total income. $649.490.-
00. Expenses and taxes, $87,771.27. Set income. $561,719.33. Payments : Interest on bonds. $193,428.33 : div-
idends (7 per cent.). $124.250— total, $317.078.33. Balance, surplus. $244,041. Capital stock (par, $50), $1,775.000;
funded debt. 1st mortgage 6 per cent. 30-year bonds, due April 1. 1893, $747,000 : 1st mortgage (extension 6 per
cent. 30-year bonds, due January 1, 18%), $435,000 : 40-year 4 per cent, gold mortgage bonds, due June 1. 1028.
interest June and December, $3.043,000 : unpaid coupons, etc.. 83.818.25 ; profit and loss, $1.334.189.99— total. $7.-
415.310.74. Contra: Cost of road, $6,256,209.26 : other investments, $3,000: other assets, $1.156.101.48— total,
87.415.310.74. The total authorized issue of the bonds of 1928 is $5,000,000. of which $1,225,000 are reserved to
retire prior liens ; the remaining $775.000 will be held in the company's treasury. The bonds are of $1.000 each,
coupon, with privilege of registration, and guaranteed principal and interest by the Pennsylvania RR. Co. J. N.
Du BARRY, President; Taber Ashton, Treasurer : Albert Hewson. Secretary. CORPORATE OFFICE, Philadel-
phia, Pa.

WILCOX RAILROAD.— Wilcox, Elk Co.. to end of track, McKean Co., Pa., 2.65 miles ; sidings, .01
mile— total track, 2.06 miles : steel rail. .98 mile. Gauge. 4 ft. ft in. Operated since January 1, 1887, by the
Penn. RR. Co. as part of the P. & E. RR. Division. Capital stock (par, $50), $25,000, representing cost of road
and equipment. W. HASELL WILSON. President; J. S. Vanzandt, Secretary and Treasurer. CORPORATE OF-
FICE, 233 South Fourth Street, Philadelphia. Pa.

Board of Directors, Pennsylvania MR. Co., elected March 8, 1892.

George B. Roberts. Philadelphia, Pa.
Alexander M. Fox.
Alexander Biddle..

N. Parker Shortridse.Wynnew'd.Pa. C. A. Griscom Philadelphia; Pa.

Henry D. Welsh. . .Philadelphia. Pa. B. B. Comegys

William L. ElkinB.Philadelphia, Pa.

H. H. Houston "

A. J. Cassatt.Haverford College, Pa.

Amos R. Little. . . . Philadelphia, Pa.
Wm. H. Barnes...

George Wood " "

Frank Thomson. . . "

J. N. Du Barry . . .

John P. Green Philadelphia, Pa.

GEORGE B. ROBERTS, President Philadelphia, Pa.

1ft Vice- President— Frank Thomson.. Philadelphia, Pa. Treasurer— Robert W. Smith Philadelphia, Pa

•2d Vice-President— J. N. Du Barry " " General Manager— Charles E. Pugh. .

'Vice- President— John P. Green

Secretary— John C. Sims

Ckief XbgiMt

Comptroller—

nefr — Wm. H. Brown

Robert W. Downing

PRINCIPAL OFFICE AND ADDRESS 233 South Fourth Street, Philadelphia, Pa.

PENNSYLVANIA COMPANY.

This company was chartered by the Legislature of Pennsylvania April 7, 1870, for the
purpose of managing, in the interest of the Pennsylvania Railroad Company, the railroads
leased and controlled by that company west of Pittsburgh. The company was organized
April 1, 1871.

Of the railroads now managed by the Pennsylvania Company the following were orig.
inally leased to the Pennsylvania Railroad Company , and the leases transferred to the Penn-
sylvania Company :
55

866 POOR'S MANUAL — PENNSYLVANIA COMPANY.

Pittsburgh, Fort Wayne and Chicago Railway 469.89 miles.

New Castle and Beaver Valley RR. j Branches of and leased to P., F. W. & / 14.98 miles.

Massillon and Cleveland RR { C. Ry f 12.23 miles.

Erie and Pittsburgh Railroad, with Branch/. 101.21 miles.

Cleveland and Pittsburgh Railroad and Branches 223.98 miles.

Total length of line acquired through Pennsylvania RR. Co 822^29 miles.

Leased directly by Pennsylvania Company :

Indianapolis and Vincennes Railroad and Branches 133.21 mile?.

Pittsburgh, Youngsto wife and Ashtabula Railroad 127.87 miles.

Toledo, VValhonding Vy. & Ohio RR 86.48 miles

Total 347T56 miles.

Total length of lines leased to Pennsylvania Company 1,169.85 miles.

The following roads are operated by the Pennsylvania Company through the control
given by holding a majority of the stock :

Pittsburgh, Cincinnati, Chicago and St. Louis Railway 1,142.79 mile?.

f Ohio Connecting Railway 3.27 mile?.

T s * T3-++ ^ | Chartiers Railway 23.48 miles.

i^easea to rittsD., ^ Pittsburgh, Wheeling and Kentucky Railroad 28.04 miles.

•in. a en, Li. ny. : j Liule Miami Rajir0ad and its leased lines 196.19 miles.

[_ Englewood Connecting Railway 2.35 miles.

St. Louis, Vandalia and Terre Haute RR, (operated by T. H. & I. RR. Co.). . . 158.30 miles.

Cincinnati, Richmond and Fort Wayne RR. (operated by G. R. & I. RR. Co.). 85.60 miles.

East St. Louis and Carondelet Railway 12.01 miles.

Waynesburg and Washington Railroad (owned by Chartiers Ry. Co.) 28.15 miles.

Cincinnati and Muskingum Valley Railway 148.45 miles.

South Chicago and Southern Railroad 10.25 miles.

State Line and Indiana City Railroad 3.18 miles.

Total .1,842.06 miles.

Through advances and guarantees by Pennsylvania RR. Co. :

Grand Rapids and Indiana Railroad 432.36 miles.

Muskegon, Grand Rapids and Indiana Railroad r 36.85 miles.

Operated by G. R. & I. RR. Co. : Traverse City Railroad 26.00 miles.

Total 495.21 miles.

Total length of line leased to Pennsylvania Company 1,169.85 miles.

Total length of line through stock ownership 1,842.06 miles.

Total length of line through advances and guarantees by Penn. RR. Co 495.21 miles.

Aggregate length of lines operated 3,507.12 miles.

Included in the preceding aggregate are 16.74 miles of tbe Lake Shore and Michigan
Southern Railway, used by the Erie and Pittsburgh RR. ; 25.64 miles of the P., Ft. W. & C.
Ry., used by the Cleveland and Pittsburgh RR, ; 6.50 miles of the P., Ft. W. & C. Ry.,
used by the Toledo, Walhonding Valley and Ohio Railroad; 2.70 miles of the P., Ft. W. & C.
Ry., used by the Pittsburgh, Youngstown and Ashtabula RR. ; 0.12 mile of the Union Rail-
way tracks, Indianapolis, Ind., used by the Indianapolis and Vincennes RR. ; and the follow-
ing used by the P., C., C. & St. L. Ry. : 1.23 miles Steubenville Extension RR., Pittsburgh,
Pa.; 0.25 mile of the Union Depot tracks, Columbus, Ohio ; 1.01 miles of the Union Railway
tracks, Indianapolis, Ind.; 54.23 miles of Lake Erie and Western RR., between Indianapolis
and Kokomo, Ind.; 1.53 miles of the C., H. & D. RR., between Hamilton and New River
Junction, O., and 2.45 miles of the Louisville Bridge tracks — total 60.70 miles; also 4.19
miles of the P., C., C. & St. L. Ry., used by the Little Miami RR., between Ohio State Line
and Richmond, Ind.

The Pennsylvania Company also owns the following rolling stock : Locomotive engines,
20. Cars— passenger, 38; baggage, mail, etc., 9 ; freight, 17,985— total, 18,032. Alt*"
service cars.

The gross earnings of all the roads given above for year ending December 31, 1891, were
$44,210,283.76 ; operating expenses (66.88 per cent.), $29,569,378.13 ; net earnings, $14,640,-
905.63. Gross earnings per mile of road operated, $12,606 ; operating expenses per mile,
$8,431 ; net earnings per mile, $4,175.

The proportion of profit applicable to Penn. RR. Co., Penn. Co., or P., C., C. & St. L.

A g$&*£\

Hifi£\ ^ 1 1
s w^/^XsL** i

^ y

B*ifl

5k i

o

^ S-?l- I

;

r]

Iwvw

I

867

868

POOR'S MANUAL — PENNSYLVANIA COMPANY.

Rj. Co. for 1891 was $3,419,534.36 against $2,587,416.65 for year 1890, and the proportion of
losses in that year for which the Penn. RR. Co., Penn. Co., or P., C., C. & St. L. Ry. Co. was
responsible, was $756,564.14 against $830.484.19 for 1890. The amount paid into sinking
funds in 1891 was $843,886.88 against $809,138.40 in 1890 ; expended for betterments in 1891
(exclusive of P., C., C. & St. L. and (T. R. & I. lines), $1,736,990.82 against $2.060,524.39
in 1890.

Income Account, year ending December 31, 1891.

Net Earnings Union Line Property $184,623 26 Expense* Proprietary Department $316,325 09

Rent of Monongahela Extension 61 ,931 56

Rent of Real Estate 10,507 09

Rent of Equipment 233,741 24

Promts Ledaed Road :

Pittsburg, F. W. and Chicago Ry 946,138 03

Dividends on Stock 1,285,60398

Interest on Bonds. . . 699,243 88

Interest on Bond* 988,530 00

Lofses on Leaded Lii't* :

New Castle & Beaver V'y RR. $8,329 5.1

Erie and Pittsburgh RR 201,724 10

Cleveland & Pittsburgh RR. . .

MaBBillon and Cleveland RR..

14,794 81
19,862 92

Total Rerenue $3,421,78904

Advance* :
Ind'polis & Vincennes RR. . . . $138,548 33
Cin., Rich. & Ft.Wayne RR. . . 7,735 88

244,711 S8

140,284 21

Balance, Profit after all Expen., Rent,, etc. 1.725,938 36

Total Expenses, Interest, etc $3,421. 7W 04

Statement of gross earnings, net earnings, payments from net earnings, profit and loss
of all lines of the Pennsylvania Co.'s system, from January 1 to December 31, 1891 :

NAME OF
COMPAKT.

Length
of
Road.

Gross

Earnings.

Net
Earnings.

PAYMENTS.

Profits er
Losses,

1891.

Proportion
of Profits
Applicable
to Pa. RK.
Co.,Pu.Co..
orP.,C..C.
& St. L.
Ry. Co.

Prop, of
Loss for
which Pa.
RR.Co.or
Pa. Co. is
responsi-
ble, or ad-
vances
the funds
to meet.

Hire of
Equipm't-

Rental, In-
terest, and
Miscellane-
ous Charges

Prop. Dep.— Pa. Co.
U.LineBu.— Pa.Co.
P., Ft. W. & C. Ry.
Mas. &Cleve. RR..
N.Cast. & B. V. RR.
Pitts., Y.& Ash. RR.
Erie & Pitts. RR...
Cleve. & Pitts. RR.
Tol.,W.Vy.&O.RR.
So.Chi.&South.RR.
St.Line&Ind.C.Ry.
Ind. & Vincen. RR-.
Gr. Rap. & Ind. RR.
M.,G. R. & Ind. RR.
Traverse City RR..
Cin.,Ric.&FtW.RR
P..C.,Ch.&St.L.Ry.
Chartiers* Ry
Wayn.&Waeh.RR.
Pitts.,Wh.&Kv.RR.
Cin. & Musk. V. Kv.
Little Miami RR...
St.L.,V. &T. H.RR.
E. St. L. & Car. Ry.
OhioConnectingRv.
Englew. Con. Ry.'.

Total?

M.

"46^89
12.23
14.98
127.87
101.21
223.98
86.48
10.25
3.18
133.21
432.36
3<5.85
26.00
85.60
1,142.7!)
23.48
28.15
28.04
148.45
196.19
•158.30
12.01
3.27
2.35

2,291,027 75
575,501 30
11,659,14382
10.592 57
169;066 46
1,299,096 99
694,740 01
3,429.277 97
460,240 71
32,965 08
10,396 84
473,928 21
2,404,951 33
180,706 60
43,497 10
452,068 42
14,901.76476
273,091 36
60.279 14
245.9-29 3!»
465.260 44
2,070,746 63
1.826.022 03
!f.'>!0 15
83,74310
8,36460

1,974,702 66
184,623 26
4,178,560 20
13708
59,297 02
530,190 13
800,042 98
1,163,79740
88,001 42
8, '263 47
def. 5,177 93
68,134 93
694,788 67
62.550 64
8,170 92
121,840 90
3,961,94623
137,565 72
14,961 20
77,542 48
69.978 95
326.959 04
612.695 IK
80.671 88
72,204 20
def, 618 15

*

996,265 88

P 978,43678
P 184,62326
P 946,13803
L 19,862 92
L 8,329 55
P 268,94407
L 201,72410
L 14.794 81
L 18,233 67
P 2,11347
L 5,177 93
L 138,54833
L 317,641 42
P 18,466 73
L 116 23
L 41,6W3S
PI, 263.987 31
P 85,547 79
P 8.038 20
P 31.67021
L 49,776 46
L 373,30443
P 64,888 57
P 6.671 88
/' 27,13927
/. G18 15

978,436 78
184,693 26
'.•46.13803

$

3,232,422 17

20,000 00
67,626 57
215,931 00
401,76708
1,178,59221
63,284 04
6,15000

19,862 92
8,32955

"45,31506
' 42,951' 05

201.724 10
14,794 81

206,68336
1,012,430 09
44,093 91
8,287 15
163,540 23
1 2,697,958 92
35,478 41
6,923 00
30.313 74
116.11858
700.263 47
547.806 61
24,000 00
45,064 93

13854833

i

•

"16,539*62

"15,55848
3,636 83

1,263.98731

373,304 43

(f )46.348 98

3,607.12

44,210,283 76

14,641,83043 124,000 94111,881,001 25

/'2.696.S-.JS 24 3.4 19,534 56

Profits, $3,886,655.57; losses, $1,189,827.83 ; net profit, $2,696,82s.24.
Profit and Loss Account, December 31, 1891.

Carried to Reserve Fund $279,391 00

Settlement of Sundry Old Accounts 66,1 15 10

Reduction in Value of Securities 500,000 00

Balance to Credit, December 31, 1891 4.375,256 69

Total Debits.

$5.820,76279

Balance to Credit, December 31, 1890 £."

Balance to Credit of Inc. Acct., Dec. 31, 1891 1,725,938 i

Total Credits.

.$5.220,762'

POOR'S MANUAL — PENNSYLVANIA COMPANY.

869

The stock is all held by the Pennsylvania Railroad Company. The company paid 4 per
t. dividend in 1880, 5 percent, in 1881. and 4 per cent, each in 1882 and 1888; payable
annually, in December, at the company's office.

The first mortgage ±* per cent, bonds, gold, tax free, fall due July 1, 1921, interest pay-
able January and July, at National City Bank, New York, principal at same place. Princi-
pal and interest guaranteed absolutely by Pennsylvania RR. Co. They are for $1,000 each,
coupon or registered, with privilege of registration for coupon bonds. They are secured by
first lien on the leases of the Pittsburgh, Fort Wayne and Chicago Ry. and Cleveland and
-burgh, and Erie and Pittsburgh Railroad* ; on the real estate of the company in Pitts-
burgh, Allegheny and Chicago ; and on stocks and bonds of the par value of some $24.000,-
000 in the company's treasury. The company is to purchase every year, at not above par,
at least 1 per cent, of the then outstanding issue. The authorized issue was $20,000,000, all
of which was issued to provide means for the acquisition of additional property and the
further development of the company's system of railroads. Trustees, W. H. Barnes,
John P. Green, and Henry D. Welsh. Listed on New York, Philadelphia, and London Stock
Exchange?.

The registered 6 per cent, bonds were issued in 1877, due July 5, 1907, interest payable
January, April, July, and October at Philadelphia Trust, Safe Deposit and Insurance Com-
pany. They are secured by deposit of $4.000,000 guaranteed special stock of the Pittsburgh,
Fort Wayne and Chicago Ry. Co. Denomination, $1,000. Listed on Philadelphia Stock
Exchange.

General Balance Fheet, Pennsylvania Company, December 31, 1891.

Securities $37.65-2.220 07 Capital Stock $20.000,000 00

Bills Receivable 203.3<4 57 ; First Mortgage U per cent. Bonds 20.000,000 00

Registered 6 per cent . Bonds, Issued 3.200,000 00

Due Lessor Companies for Supplies 831,83158

Mortgages and Ground Rent Payable 642.345 28

Due to Other Companies 791,722 19

Due for Current Expenditures in Operat-
ing Leased Roads 1,249,282 70

Miscellaneous Liabilities 1,200,241 64

Int. Due and Unpaid on 6 p. c. reg. Bonds 1.^55 50

Interest Due and Unpaid on 4i p. c. Bonds 453,015 00
Interest on 4}- p. c. Bonds in Sinking Fund.

collected and held by Treasurer, 143,910 00

Reserve Fund. Leased Roads 4,110,439 68

Balance to Credit of Profit and Loss Acci. 4,375,256 69

Equipment 1.740.93273

Real Estate 1 ,595,068 90

Union Line Property 3.248.032 55

Betterments to Leaded Roads 553.649 32

Other Companies and Agents 2,285.414 77

Stock of Supplies 994.243 34

Miscellaneous Assets 1,015,089 23

Cash

Phila. Trust. Safe Dep. A Ins. Co.. Trus-
tees 6 per cent. Bonds

Nat. City Bank, X. Y., Agts 4* p.c. Bonds

Sinking Fund 4.i per cent. Bonds

inking Fund 6 per cent, registered Bonds
Sinking Funds, Leased Roads

794,920 18

2,1739V

453,015 00

512.316 25

1,839,000 00

4.110,439 68

Total Assets $56,099,90026. Total Liabilities $56,999,90026

Statement of earnings, expenses, etc., of all lines operated for twenty years :

Lines.

Gross
Earnings.

Earnings
per Mile.

Expt!

Expe

uses.

Net
Earnings.

Net
per Mile.

187-2
1873..

if.

2.773.0
2.943.9
3.071.7
3 071 7

31.376,867
30,518,052
27.761.542
25 148 873

11,315
10,366
9.037
8 186

19,712.242

21,817,262
18,002.687

1? 1°4 938

$p. ///.
7.10S
7,411
5,860
5 575

p. ft

62.82
71.49
64.84
68 10

$
11.664.635
8,700,790
9.758.855
8 023 935

4,lr

2.955
3,177

2 611

3.071.7
3,407.1
3 535 4

24.619,429
27.3S5.889

•N 133 877

8.014
8,038
7 960

16,914.143
18,124.^93
18 579 445

5,506
5.320
5 °56

68>0
66.18
66 03

7.705,286
9.260.996
9 559 432

2,508
2.718
2 704

ise

3.546.6
3 546 6

30,749,710
35 73^ 174

8.671
10 077

18,819.963
2° 086 1 18

5.307
6 °°7

61^23
61 80

11.929.747
13 65° 055

3,364
4 151

1881...

1882.

1884
1885
1886
1837
1888
1889.

3.4-22.7
S,22S>

3.231.7
3.223.7
3.266.3
3.32-2.3
3.32o.4
3.398.1
3 406 7

37.056.989
35.331,003
36,127,325
31.389,697
30.067.098
33.508,864
40.334,499
37.894.370
40 9°7 051

10.859
10.963
11.179
9.736
9.205
10,209
12,126
11.152
1° 014

24,604,511
23.368.329
24.972.558
22,126,816
21.168.353
22,613,171
26,631.658
27.3i8.383
o- q->- ~«}~

7.210
7.25-2
7.727
6,863
6.481
6.8S9
8.009
8.059
8 198

6f>'.39
66.14
69.12
70.49
70.40
67.48
66.04
72. S7
68 24

12.452.47S
11,962.674
11.154.767
9.262,881
8,898,745
10.895.693
13,692,841
10,505.986
1° 999 313

3,649
3.713
3.452
2,873
2.724
3,319
4,118
3,093
3 816

1890...
1891 .

3'.490!4
3,507.12

45.263.891
44.210,284

12!968

12,606

aO,918',877

29,568,453

8^857
8,431

68.30

66.88

14.350.014
14,641,831

4.111
4,175

870

POOR S MANUAL OF RAILROADS.

Statement of capital accounts, etc., of the Pennsylvania Company for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Capital Stock, Common
Registered 6 p. c. B1ds, Sec VI
1st Mtge. 4£ p. c. Bondf
Supplies, Lessor Co.'s
Due other Co.'s. . . .

20,000,000
3,200,000
13.750,000
831,832
816,760

S

20,000,000
3,200,000
13,750,000
831,832
2 490 554

20,000,000
3,200,000
13,750,000
831,832
1,287,132

S

20,000,000
3,200,000
15,000,000
831,882
2,540,647

$
20,000,000
3,200,000
17,500,000
831,832
877,846

20,000,000
3,200,000
17,500,000
831,83-2
1,008,500

20,000,000
3,200,000
20,000,000
831,832

718 059

20,000,000
3,200,000
20,000,000
831,832
791 722

Current Expenditures
Miscel. Accts., Interest, etc.
Reserved P'ds Leased Roads
Profit and Loss, Credit

1,214,539
706,937
2,341,504
4,152,438

1,042,576
717,786
2,565,409
2,612,510

1,547,500
881,312
2,798,614
2,210,164

2,067,094
908,718
3,041,616
2,281,284

1,446,460
1,352,886
3,293,703
2,242,934

1.715,042
1,426.294
3,556,784
' 2,528,040

1,525,780
2,623,757
3,831,049
3,494,824

1,249,'283
2,441,366
4,110,440
4,375,2i)7

Total Liabilities

47 014 010

47 210 667

46 506 554

49 870 591

50,745,661

51,766,492

56 425 301

56 999 900

Securities

30,483,548

32,685,698

30,913,312

31,797,312

32.260,105

32,304.105

35,177,107

37 652,220

Bills Receivable

64,136

219 912

124,714

245,893

240,855

1,427,651

197 846

203 384

Equipment

1,037,481

1,104.699

1,196,982

1,196,982

1,393,431

1,635,808

1,590,203

1,740,933

Real Estate
Union Line Property
Betterments, Leased Roads.
Due by other Cos. & Agents
Stock of Supplies

153,283
2,859,351
1,989,520
2,828,282
1,143,273

161,566
2,929,229
178,615
2,670,062
1,008,469

370,297
3,002,223
604,182
3,450,930
922,327

559,892
3,002,223
1,520,973
4,183,766
1,296,200

950,576
3,056,964
713,060
4,323,494
1,176,637

952,216
3,100,795
1,118,753
2,725,319
1,269,668

983,367
3,174,414
2,725,380
3,263,497
1.035,476

1,595,069
3,248,033
553,649
2,285,415
994,243

Miscellaneous Assets

978,404

459,089

616,974

414,211

562,029

587,261

1,167,718

1 015 089

Cash
Skg. Fds., Leased Roads. . .
Skg. Fds., Registered Bonds
Skg. Fds., 4£ p. c. Bonds. . .
P. T. S. D. & I. Co. Trustees
National City Bank, N. Y. .
Red'nP F.W.&C.Eq.Bonds

687,983
2,341,505
784,622
362,317
1,962
310,343
988,000

482,529
2,565,409
921,122
512,316
2,572
313,880
996,000

578,556
2,798,614
1,064,971
512,316
3,419
311,737

589,047
3,041,016
1,168,000
512,317
2,964
339,975

574,722
3,293,703
1,321,000
512,317
4,608
362,160

692,179
3,556,784
1,485,000
512,316
1,760
396,878

654,585
3,831,049
1,657,000
512,316
2,779
452,565

'?94,920
4,110,440
1,839.000
512,316
2,174
453,015

Red'n Hai^ht Bonds

35000

Total Assets

47,014,010

47,210,667

46,506,554

49,870,591

50,745,661

51,766,492

56,425,301

56,999,900

SinkingFimdsLeasedRoads
lstM.Bds.,P.,Ft.W.&C.Ry.
SdM.Bds., P.,Ft.W.&C. Ry.
Consol. M. Bds., C. & P. RR
Const.&Equ.Bds.,C.&P.RR

721,875
709,500
671,778
238,352

774,375
761,100

753,707
276,227

826,875
812,700
841,472
317,567

879.375
864.300
935,489
361,852

931,875
915,900
1,036,201

409,727

984,375
967,500
1,144,087
460,822

1,036,875
1,019,100
1,259,657
515,417

1,089,375
1,070,700
1,383,458
566,907

Total

2,341,505

2,565,409

2,798,614

3,041,016

3,293,703

3,556,784

3,831,049

4,110,440

Board of Directors, Pennsylvania Co., elected June 2, 1891.

J. T. Brooks Pittsburgh, Pa.

Thomas D. Messier. .

James McCrea "

Jno. E. Davidson

George B. Roberts. Philadelphia, Pa.
Frank Thomson...

Amos R. Little

W.H.Barnes...

J. N. Du Barry. . . .Philadelphia, Pa.

John P. Green

H. H. Houston.. ..
N. P. Shortridge . .
Henry D. Welsh Philadelphia, Pa.

GEORGE B. ROBERTS, President Philadelphia, Pa.

\»t Vice-President— Jas. McCrea Pittsburgh, Pa. Treasurer— -T '. H. B. McKnight Pittsburgh, Pa.

2d Vice- President— J . T. Brooks " " L Secretary— S. B. Liggett "

3d Vice-President— Thos. D. Messier General Superintendent— E. B. Taylor. .

4th Vice- President— Jno. E. Davidson ... | General Counsel— J. T. Brooks

Comptroller— Jno. W. Renner I General Manager— Jos. Wood

GENERAL OFFICE Penn Avenue and Tenth Street, Pittsburgh, Pa.

CALUMET RIVER RAILWAY COMPANY.

Line of Road.— One Hundredth St., Hyde Park, 111., to Hegewisch, 111 4.43 miles.

Sidings, 0.10 mile. Gauge, 4 ft. 9 in. Rail (steel), 60 lbs«.

History. — Chartered March 5, 18S3; road in progress of construction.

Financial Statement, December 31, 1891. — Capital stock (authorized, $150,000 ; par,
$100), $65,500 ; funded debt (5 per cent, registered bond, convertible into 1st mortgage
bonds, dated December 31, 1888, interest January and July), $65,000 ; due Pennsylvania Co.,
$4,239.39 — total, representing cost of road, $134,739.39.

Annual meeting, second Thursday iu April, at Chicago, 111. Books close thirty days
previously, and same period in advance of dividend payments. Voting power attaches to
stock after ten days' ownership. Registrar of stock, S. B. Liggett, Pittsburgh, Pa.

PO'OR'S MANUAL OF RAILROADS. 871

Directors (elected April 9, 1891).— James MH'rea, Thomas D. Messier, Pittsburgh, Pa.;
(Jeorge M. Bogue, F. W. Bel/, Wm. Borner, Chicago, 111.

THOMAS D. MESSLER, President Pittsburgh, Pa.

Treatnrer— T. H. B. McKnight Pittsburgh. Pa. | Secretary— S. B. Liggett Pittsburgh, P».

PRINCIPAL OFFICE AND ADDRESS Pittsburgh, Pa.

CHARTIERS RAILWAY COMPANY.

Main Line of Road.— Mansfield, Pa., to Washington, Pa 22.76 miles.

Trackage : C. C. .By.— Connecting C. Ry. and W. & W. RR. at Washington, Pa. 0.72 mile.

Total length of line operated, December 31, 1891 23.48 miles.

Sidings, etc., 7.17 miles. Gauge, 4 ft. 9 in. Rail (steel, 27.38 miles), 60 Ibs.

History. — Chartered as Chartiers Valley RR. February 7, 1853 ; road opened in 1856 ;
reorganized after foreclosure in January, 1867. Whole line opened January 1, 1872, and
leased from that date, for 99 years, to Pittsburgh, Cincinnati and St. Louis Ry. Co. (now P.,
C., C. & St. L. Ry. Co.). for net earnings. Rolling stock supplied by lessee.

Operations for year ending December 31, 1891. — Train mileage — passenger, 89,707 ;
freight, 111.838 : mixed and other, 3,026— total, 204,571 miles. Passengers carried, 486,851 ;
carried one mile, 5,386,495 ; average mile rate, 2.41 cents. Tons freight moved, 812,128 ;
moved one mile, 5,557,300 ; average ton-mile rate, 2.20 cents.

Earnings.— Passenger $138,150 28 ; Expenses.— Transportation $59,235 59

Freight 122,371 35 Motive Power and Cars 39,109 48

Maintenance Way & Buildings . . 33,715 90
General . . 3,464 67

Mail 2.612 23

Express 5.548 12

Miscellaneous . . 4,409 38

Total ( $5,771 .92 per mile) $135,525 64

Hire of Equipment 17,017 93

Total ($11,630.81 per mile) $273,091 36 Total ($6,496.74 per mile) $152,543 57

Net earnings (50.37 per cent.), $137,565.72 ; add interest and dividends, $13.846; other
receipts, $2,695.46— total income, $154,107.18. Payments: Interest on bonds, $35,000 ; divi-
dends on stock (7-J- per cent.), $48,397.50; other payments, $19.987.01— total, $103,384.51.
Balance, surplus, $50,722.67. Surplus forward, $152,872.43— total, $203,595.10. Deduct
tax on bonds for 1887, 1888 and 1889, paid during 1891, $2,436.75— net surplus, $201,158.35.

General Balance Sheet, December 31, 1891.

Cost of Road $1,121,762 17 j Capital Stock (par, $50) $645,300 00

Stocks and Bonds Owned 100,384 00 | Funded Debt Outstanding 500,000 00

Ca?h on Hand 129.894 18

Total Assets $1,352.040

Unpaid Dividends and Interest 5,582 00

Profit and Loss '. 201,158 35

Total Liabilities ... $1,352,040 35

Funded debt consists of 1st mortgage 7 per cent. 30-year coupon $1,000 bonds, due Octo-
ber 1, 1901, interest payable April and October, at office of Pennsylvania RR. Co., Philadel-
phia, Pa. Registrar of stock, Albert Hewson. Voting power attaches to stock after sixty
days' ownership. Trustee of bonds, John C. Sims. Annual meeting, first Tuesday in May,
at Philadelphia, Pa. Capital stock authorized. $800,000. Total number of dividends paid to
and including April, 1892, 11. Dividends payable at treasurer's office.

Directors (elected May 5, 1891).— George B. Roberts, John P. Green, Henry D. Welsh,
W. H. Barnes, J. N. Du Barry, N. Parker Shortridge, Philadelphia, Pa. ; J. T. Brooks,
Salem, 0.

GEORGE B. ROBERTS, President Philadelphia, Pa.

Secretary— Albert Hewson Philadelphia, Pa. | Treatnrer— Taber Ashton Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS 233 South Fourth Street, Philadelphia, Pa.

872

POOR S MANUAL OF RAILROADS.

CINCINNATI AND MUSKINGUM VALLEY RAILWAY COMPANY.

. Line of Road. — Trinway, O., to Morrow, 0 148.45 miles.

Sidings, etc., 37.48 miles. Gauge, 4 ft. 9 in. Rail (steel. 117.01 miles), 60 ; iron, 56 Ibs.

History. — Original company chartered in 1851 ; road opened in 1857 ; sold under fore-
closure in 1868 ; reorganized in 1864: sold again in 18(59, and present company organized
January 25, 1870. (See MANUAL for 1888, page 403.)

Rolling Stock, December 31, 1891. — Locomotive engines, 20. Cars — passenger, 13 ;
baggage, mail and express, 4 ; freight (box, 65 ; platform, 13: stock, 39 ; coal, 269 ; ca-
boose, 10), 396 ; other, 1 — total cars, 414.

Operations for year ending December 31, 1891. — See 'tabulated statement below.

Earnings.— Passenger $136,316 42 Expenses.— Transportation $111,014 94

Freight 271,133 50 I Motive Power. .. . 109,45367

Mail 12,960 29

Express 6,764 92

Miscellaneous... . 3S.085 31

Maintenance of Cars 30,541 70

Maintenance Way and Buildings 123,310 16
General 20,961 02

Total ($3,134.12 per mile) §465,260 44 Total ($2,662.72 per mile) $395,281 49

Net earnings (15.04 per cent.), $69,978.95. Charges against net earnings: Interest on
bonds, $105,000; additions and improvements, $10,153.98; hire of equipment, $3,636.83;
other payments, $964.60— total, $119,755.41. Balance, deficit, $49,776.46 ; deficit forward,
$1,513,073.40— total, $1,562,849.86.

General Balance Sheet, December 31, 1891.

Coat of Road, Equipment, etc
Materials and Fuel on Hand. . .
Other Property and Assets . . .

Current Accounts

Cash on Hand

Profit and Loss . .

$5,522,857 49

50,579 22

9,608 26

59,643 61

62,179 53

1,562,849 86

Capital Stock (par, $50) $3,997,320 00

Funded Debt Outstanding 1,500,000 00

Current Accounts 71,758 90

Coupon Accounts 604,415 00

Miscellaneous Accounts 2,417 45

McLurey Bridge Renewal Fund 10,793 25

Due former Lessee for Advances 1,081,013 37

Total Assets $7,267,717 97 Total Liabilities..

Statement of operations, etc., for eight years :

$7,2157,717 97

1884

1885

1886

1887

1888

1889

1890

1891

Miles of Railroad
Passenger Train Miles
Freight Train Miles
Passengers Carried.
Passenger Miles

148.45
203,277
242,018
292,611
5,784,718
247,170
12,945,363
$
383.667
425,669

148.45
234,735
227,646
223,589
4,281.479
265,407
14,299,443

319,645
386,562

148.45
278.318
306,846
270,733
4,988,670
383,975
21,158,376

391,133
316,621

74,512
105,000
16,610
15,057
- 62,155

2,634 78
2,132 85
50193
80.95 p. c.
2.46 c.
1.14 c.

148.45
315,897
337,155
298,034
5,183,407
423,780
23,391,053

441,054
396,359

14S.45
303.333
294.92S
311,946
5,349,826
416,094
20,371,705
$
429,392
388,962

148.45
298,179
381,034
355.391

5,484,108
439,182
22,072,220

447,038
406,244

148.45
297,542
337,027
347,1526

4.888.2(58
488,888
21,442,342

437,606
375. 7!»4

148.45
302.064
346,888

370,903
5,176,956
488,666
23,235,542

465,260
395,281

Freight (tons) Moved
Freight (tons) Miles

Gross Earnings
Transportation Expenses. . .

Net Earnings

df. 42,002
105,000

df. 66,917
52,500

44,695
. 105,000
31,577
10,369
- 102,251

2,971 06
2,669 98
30108
89. 87 p. c.
2.53 c.
1.16 c.

40,430
105,000
26,255
15,724
- 106,549

9,892 50
2.620 14
27236
90. 58 p. c.
2.52 c.
1.19 C.

40,704
105.000
19,307
10,314
- 93,827

3.011 37
2,736 57
274 80
90. 87 p. c.
2.44 c.
1.13 c.

61,812
105,000
25,892
5,296
- 74,376

2,947 84
2,531 46
416 38
85. 88 p. c.
•2.52 c.
1.17 c.

69,979
105.000
10,154
4,601
- 49,776

3.134 12
2.662 72

471 40
84. 96 p. c.
2.59 c.
1.17 c.

Bond Interest Paid
Additions & Improvements
Other Payments

Balance, Deficit

Gross Earnings per Mile. . .
Gross Expenses per Mile. ..
Net Earnings per Mile
Expenses to Earnings
Aver. Rate p. Pass. p. Mile.
Aver. Rate p. Ton. p. Mile. .

- 147,002

2,584 48
2,867 43
df. 282 95
110.94 p. c.
2.62 c.
1.58 c.

- 119,417

2,153 22
2,603 99
df. 45077
120.94 p. c.
2.64 c.
1.26 c.

The funded debt consists of 1st mortgage 7 per cent. $1,000 coupon bonds, dated 1870,
due January 1, 1901, interest payable January and July, at the office of Winslow, Lanier &
Co., New York, N. Y. Annual meeting, fourth Tuesday in March, at Zanesville, O., books
closing ten days previously. Trustee of bonds, Charles Moran, New York ; registrar of stock,
C. II. Walton, Secretary, Zanesville, O.

POOR'S MANUAL OF RAILROADS.

873

Directors (elected March 24, 1891).— Thomas D. Messier, Pittsburgh ; G. B. Roberts,
Philadelphia, Pa. ; Charles Moran, Xew York, N. Y. ; James Buckingham, M. Churchill,
W. A. Graham, James Herdman, Zanesville, O.

THOMAS D. ME^SLER, President Pittsburgh, Pa.

T/w.irer-T. H. B. McKnigut Pittsburgh, Pa. , Secretary and Svpt.—C. H. Walton Zanesville. O.

PRINCIPAL OFFICE AND ADDRESS Zanesville, O.

CINCINNATI, RICHMOND AND FORT WAYNE RAILROAD COMPANY.

Line of Road. — Richmond, Ind., to Adams, Iiid 85.60 miles.

Sidings, etc., 14.31 miles. Gauge, 4 ff. 9 in. Rail (steel, 71.74 miles), 56 and 60 Ibe.

The company also uses the track of the P., C.. C & St. L. Ry. at Richmond, .76 mile, and
of the P., F. W. &: C. Ry. from Adams to Fort Wayne, Ind., 5.3 miles, making the total
length of road operated, 91.66 miles.

History. — Chartered February 4, 1353, as Cincinnati and Fort Wayne RR. Co. Present
name adopted February 5, 1866. Whole line opened January 1. 1*72. Leased from January
1, 1871, to the Grand Rapids and Indiana RR. Co. for 99 years ; rental, net earnings. Bond
interest guaranteed by the Penn. Co., the C., H. & D. RR. Co. and the immediate lessees,
each to the extent of one-third of any deficiency of net earnings to pay the coupons.

Under contract of August, 1888, the Chicago, St. Louis and Pittsburgh RR. Co., now P.,
C., C. & St. L. Ry. Co., took the place and assumed the liabilities of the C., H. & D. RR. Co.
in connection with the contract of lease and operation.

Rolling: Stock, December 31, 1891. — Cars (platforms). 10. Rest of equipment furnished
by the Penn. Co., the P., C., C. & St. L. Ky. Co., and the G., R. & I. RR. Co. It has been
recommended by the president that the company procure its own equipment.

Operations for year ending December 31, 1S91 (91.66 miles). — Train mileage — passenger,
192,972 ; freight, 179,967 ; other, 33,348— total, 406/287 miles. Passengers carried, 199,963;
carried one mile, 5,109,847; average mile rate, 2.52 cents. Tons freight moved, 485,428 ;
moved one mile, 29,551,396; average ton-mile rate, 1.01 cents.

Earnings. -Passenger $1:8,963 33

Freight 299,705 92

Mail 8,365 01

Express 6.2»U 00

Miscellaneous

Expenses.— Transportation $110,534 42

Motive Power 88,330 38

Maintenance of Cars 19,733 11

Maintenance of Way 80,106 93

General.... . 81,38268

Total ($4,932.01 per mile) $452,068 42 Total ($3.602.74 per mile) $530.227

Net earnings ($26 95 per cent.), $ 121,840.90. Payments : Interest on bonds, $126,000 ;
rental of terminal facilities. $32,909 30; betterments, $4,630.93— total. $163,540.23. Balance,
deficit, $41,699.33 ; deficit forward, $1,121,387.34— total deficit. $1,163,086.67.

Statement of gross earnings, expenses, and net earnings for eight years :

1884

1885 1886

1878

1888

1889 1890

1891

Gross Earnings
Operating Expenses

$

388.768 25
325.196 67

S S
373,69263 383.5S5 53
284,363 39 280.039 73

418,500 41
318.008 69

406.491 72
310,368 58

446.723 54' 471.296 00
329,526 46 305,442 07

452.U>< 42
330.227 52

Net Earnings

63,571 58

89,329 24 103,545 80

100,491 72

'.Hi.1-,'3 14

117,19708 165,85393

121,84090

Deficiency in net earnings to meet interest under the lease and guarantee since January
1, 1871 (including interest on advances to December, 1886), due as follows : Penn. Co..
$385,339.09; G. R. & I. RR. Co., $384,780.54; C., H. & D. RR. Co., $367,646.66; P., C.. C. &
St. L. Ry. Co., $17.436.77.

Financial Statement, December 31, 1891.— Capital stock ($50 sharesi, $1,709,312.87;

874 POOR'S MANUAL OF RAILROADS.

funded debt (1st mortgage 7 per cent. 50-year $1,000 gold coupon bonds, due June 1, 1921,
interest payable June and December, at office of Winslow, Lanier & Co., New York, N. Y.),
$1,800,000 ; unsettled stock subscription accounts, $171,079.39 ; due Grand Rapids and Indiana
RR. Co., lessee, $1,165,939.24— total, $4,846,331.50. Contra: Cost of road, equipment, etc.,
$3,683,244.83; profit and loss, $1,163,086.67— total, $4,846,331.50.

Annual meeting, first Thursday in April. Books close for annual meeting ten days prior
thereto. Trustees of bonds, Charles Lauier, New York. Registrar of stock, J. H. P.
Hughart, Grand Rapids, Mich. Interest payable at office of Winslow, Lanier & Co., New
York, N. Y.

Directors (elected April 7, 1892).— Wm. Parry, C. C. Binkley, J. F. Miller, Jas. E.
Reeves, Richmond, Ind. ; David Studebaker, Decatur, Ind. ; Thos. D. Messier, J. T. Brooks,
James McCrea, Pittsburgh, Pa. ; William O. Hughart, William R. Shelby, T. J. O'Brien,
Grand Rapids, Mich.

WILLIAM PARRY, President Richmond, Ind.

V.-P. & 9. Man.—W. O. Hughart . . Grand Rapid.-, Mich. | Sec. <f: Treat.— 3. H. P. Hughart. . .Grand Rapids, Mich.

PRINCIPAL OFFICE AND ADDRESS Richmond, Ind.

Transfer Office Winslow, Lanier & Co., New York, N. Y.

Lessee's Office Grand Rapids, Mich.

CLEVELAND AND PITTSBURGH RAILROAD COMPANY.

l in* nf T*f»«w1 i Rochester, Pa., to Cleveland, O 123.80 miles.

Lines of Road.- -j Yel|ow Creek 0 to ^ellaire 0 43 44 mileg

New Philadelphia Branch : Bayard, O., to New Philadelphia, O 31.10 miles.

Trackage : Pittsburgh, Ft. W. & Chic. Ey. : Rochester to Pittsburgh, Pa 25.64 miles.

Total length of lines operated, December 31, 1891. 223.98 miles.

Second track, 8.88 ; sidings, 122.66 m. Gauge, 4 ft. 9 in. Rail (steel, 294.03 m.), 60 and 70
Ibs.

History.— Chartered in Ohio, March 14, 1836, and in Pennsylvania, April 8, 1850. Road
opened to the Ohio River in 1852. Leased to the Pennsylvania RK. Co. for 999 years from
December 1, 1871 ; lease transferred to the Pennsylvania Co.. April 14, 1873. Rental, 7 per
cent, on capital stock, interest on bonds, sinking fund, and $10,000 a year for organization
By the terms of the lease the lessees agree to pay dividends on the stock of the lessors in-
creased at the rate of 43.85 per cent.

Rolling Stock, December 31, 1891. — Locomotive engines, 97. Cars — passenger, 48 ; bag-
gage, mail arid express, 24 ; freight (box, 500; gondola, 2,820 ; stock, 100; caboose, 51), 3,471;
other, 4 — total cars, 3,547. Of the 97 locomotives, 2 are in service on the Penn. Co's lines
and 1 is leased to the P. M. & C. Hy. Co.

Operations for year ending December 31, 1891. — See tabulated statement following.

Earnings.— Passenger $728,28935

Freight 2,579,093 58

Mail 43,085 60

Express 48.178 86

Miscellaneous. . . 30,630 58

Total ($15,310.64 per mile) $3,429,277 97

Expenses.— Transportation $926,214 58

Motive Power 598,617 79

Maintenance of Cars 229,742 96

Maintenance Way & Buildings. 381,418 21

General... 129,487 03

Total ($10,114.66 per mile) $2,265,480 57

Kental of track P., Ft. W. & Q. Ry. . 45,324 96

Total ($10,317.01 per mile) $2,310,805 53

Net earnings (32.62 per cent.), $1,118,472.44.

Lessor's Income Account, year ending November 30, 1891. — Receipts : From rental, inter-
est, sinking funds, etc., $1,300,339.91 ; other receipts, $1,761.82— total income, $1,302,101.73.
Disbursements: Interest on bonds, $324,970 ; sinking fund, $178,867; dividends, $786,923.01;
other payments, $13,640.75— total, $1,304,400.76. Balance, deficit, $2,299.03.

POOR S MANUA]

-CLEVELAND AND PITTSBURGH RR. CO.

875

Statement for eight years of operations, etc., for years ending December 31, and of
capital account for years ending November 30 :

1884

1885

1886

1887

1888

1889

1890

1891

Miles of Railroad Operated.
Miles Owned.

523.31 223.98
197.66 198.34
•291.00
198.44) ' 207.06
97 j 85
44 43
24 24
3.37'J 3.977
.So (517.724
1. »525.658 1.714.030
1.112.020 1.029.755
22.4S3.S43 20.915.815
2.413.456 2.447.242
209 297,980 '21 7,956,662
I
.545.322 511.518
1.948-666 1.813.152

195,765 168.414

223.98
198.34
292.37
196.76
97
43
24
4.071
602.428
1,837,689
1.138,095
22.153.697
3.051.233
261-541.252
S
532.086
2,081,437
101 .4S«
170.236

223.98 223.98
198.34 198.34
301.86 307.46
196.76 207.08
94 96
43 43
24 24
4.027 4.071
656.651 656.419
1.031.05B 1.950.132
1.353.900 1.364.749
25.345.375 25.449.764
3.324.029 •
275-765,417 316,977-811
$
621.848 637.635
2.263.817 2.363.586
114.528 110,923
330.805 119,011

228.88
198.84

sioitt

206.1"'
96
43
24
4.071
654.998
1.927.944
1.374.95?

4.071. 5S9

316-S55-I06

-

684,190

3.365.S90
113,180

223.98
IMS. 34
82l!98
283 ! 12
92
46
24
3.471
669,075
1393,151
1.526.467
291859.044
4.784.841
359^64,364

723.437
2.744.819
125.416

223.98
198.34
329.88
294.03
97
48
24
3.471
708,943
1,805,004

30.121.013
4..VJ3.547
338.198.662
I
728,289
2.579.094
121. -95

Miles of Traok

Miles of Steel Rail^
Locomotive Engines
Passenger Cars.
Ba°r°'ao'e etc Oars

Freight (= 8-\vheeh Tar-. . .
_vr Train Miles
Freight Train Miles
Passengers Carried

Passenger Miles
Freight Tons

Freight (ton) Miles
Passenger Earnings

Miscellaneous Earnings
Joint Earnings

Gross Earnings
Operating Expenses

Net Earnings
Rentals — Interest .

i.991
1,800,686

2,589,806

1,609,405

2,885,235

1.716.406

3.330,998

2,164.301

3.221.155
2.191.379

3,163,269

2.253.116

3,593,672 3,429.278

2.459.714 2

986,355
334,947

10,000
1.302.755
- 316.400
12.49772
s.i 174 60
3.423 11
64.61 p. C.
2.42 c.
0.93 C.

11.246.757
5,321,344

90,857

885,002

979.904
405.115
786,967

119.804
10,000

- 341.9*2
11,551) 41
7.1-4 >4
4.374 57
62. 16 p. c.
2.44 c.
083c.

s

11.246.S71
5.352.344
326.373
23.377
1.040.799

1,168,829
404,289

786.968
129.105
10,000
1.330.312
- 161.433
12.^1 66
;.663 21
5.218 45
59.49 p. C.
2.40 c.
0.80 c.

11,246,971

5.370.344
330,239
24.679
1,169,162

1.166.697
396.976
786,968
188,808

10,000
1.332.246
— 165.549
14371 -1
9,662 92
2.208 89
64.97 p. c.
2.45 c.
0.82 c.
$
11,247,086
5.201.344
228.029
25.411
1.263.952

1,029.776 910.153
351.990 342.925
; 86. 968- 786,968
14S.587 159,900
10.000 10,000
1.297.545 1,299,793
- 267,769 - 389.640
14.3S1 52 14.12299
9,783 91 10,049 45
4,59761 4.07354
58. 03 p. c. 69. 84 p. c.
2.47 c. 2.47 c.
0.75 c. 0.75 c.
S >
11.247.036 11.247.057
5.151.344 5.055.344
234. 187 228.890
27.640 296.165
1.264.414 1.565.400

1,183,
836,530

786.971
173.149
10.000
1,306,640
- 172.682
16.044 61
10,981 85
5. 062 76
67. 18 p. c.
•2.34 c.
0.76 c.

11,247.100
4.S74.344
226,249
340.891
1.732.342

1.11,^.472
333.329
786.974
175.291
10.000
1,308,558
- 190.086
15.310 64
10,317 01
4,993 63
67.38 p. c.
2.33 c.
0.76 c.
I
11.247.314
4.742.344
232. 1S6
413.700
I.b95.326

Dividends
Sinking Fund
Organization
Total Payments

Balance

Gross Earnings per Mile. . .
Gross Expenses per Mile . . .
Xet Earnings per Mile
Expenses to Earnings.
Aver. Rate p. Pass. p. Mile.
Aver. Rate p. Ton p. Mile. .

Capital Stock
Funded Debt

Coupons and Divs. Due
Accounts

Income Balance

Total Liabilities
Railroad i

17.695.026

17.125.400

261,211
7,417
800,906

17,988,864
17.276.270

361.211
7.425
443,958

is. 14 1.395
17.375.268

261.211
7.417
497,499

17,965,7721
17,423.061

261.210
7,4l7i
274,0841

17,924,871
17.509,418
261.211
7.417
146.825

18,392,856

17.790.776

261.211
7.417
333,452

18,420,926
17,867,881

i61.211
7.917
283,917

18.530.870
17.944,573

261,211
5.500
319,586

Equipment i"
Materials, etc

Cash Assets

Cash and Sinking Fund
Total Asset?

17,695,023

17.988.864

18,141,395

17,965.772

17,924.871

18,392,856

18,420,926

18,530,870

NOTE. — Operating expenses in the above table include in each year the earnings paid as rental for the use of
the tracks of the Pittsburgh. Ft. Wayne & Chicago Ry. The earnings and expenses per mile are calculated on
the gross earnings and expenses given in the table.

General Balance Sheet, November 30, 1891.

Cost of Road. Equipment, etc $17,944,572 73

Materials and Fuel on Hand 261,210 66

Current Accounts 5.500 00

Cash on Hand and Sinking Fund 319,586 48

Capital Stock! par. $50)

Funded Debt Outstanding

Current Accounts

Dividends and Interest Unpaid

$11.247,314 36

. 4.742,343 63

413,699 64

232,186 51

Income Balance 1,895,32573

Total Assets $18,530,869 87 Total Liabilities $18,530,869 87

The funded debt consisted, November 30, 1891, of 2d and 3d mortgage bonds (past due
and provided for), $5,500 ; 4th mortgage 6 per cent. 30-year coupon $500 bonds, due January
1, 1892, interest January and July (authorized $1,200,000), $1,096,000; 4th mortgage 6 per
cent, bond scrip, $8,843.63 ; consolidated sinking fund 7 per cent, coupon $1,000 bonds of
1867, due November, 1900, interest May and November (authorized $5,000,000), $1,725,000 ;
construction and equipment, series A, 7 per cent. 40-year coupon $1,000 bonds, due January
1, 1913, interest January and July (authorized $5,000,000), $1,456,000 ; construction and

876

equipment, series B, 7 per cent. 40-year coupon $1,000 bonds, due January 1, 1934, interest
January and July (authorized $5,000,000), $451,000— total bonds, as per balance sheet.
$4,742,343.63.

Of the consolidated bonds, $1,115,500, and of the construction bonds, $511,000 are in the
sinking fund, and not included in the above list. The first, mortgage bonds have been
wholly retired and the mortgage cancelled. The fourth and consolidated mortgage issues
are secured by a lien on the whole road ; the construction and equipment bonds- are a lien
on the income.

Since the close of the fiscal year this company has executed a new general mortgage to
the Farmers' Loan and Trust Co , New York. N. Y., as trustee, to secure an is^ue of $10,-
000,000 50-year 44 per cent. $1,000 bonds, due January 1, 1942, interest payable January and
July, at the office of the trustee. Of this amount $3,000.000 have already been issued for
the following purposes : To retire fourth mortgage bonds and scrip (matured January 1,
1892), $1,100,000 ; to be exchanged, bond for bond, for construction and equipment bonds,
as agreed by the Penn. RR. Co., $1,010,000 ; to pay lessee for betterments for the years 1887
to 1891, inclusive, any amount over that necessary to pay for same to be applied toward
bonds due the lessee on account of bonds which have been redeemed under the sinking fund
clauses, $890,000— total, $3,000,000. The remainder of the authorized issue ($7,000,000) is
reserved for retirement of outstanding bonds, betterments, etc. These bonds are guaranteed
(by endorsement) by the Pennsylvania RR. Co., for payment of principal, interest, sinking
fund, and all taxes. A sinking fund of not less than 1 per cent on the total amount of out-
standing bonds is provided for the redemption of these bonds, whenever the same can be had
at or under par and accrued interest. By an agreement entered into with the Farmers' Loan
and Trust Co., trustee of the consolidated sinking fund bonds of 1900, no further issues of
bonds will be made under the same. The lessee agrees to accept the bonds of the new gen-
eral mortgage for all betterments hereafter to be made, and no further issues of the construc-
tion and equipment bonds, therefore, will be made.

Annual meeting, first Wednesday in January, at Cleveland, O. ; books close thirty days
previously. Dividends are paid quarterly, on the first days of March, June, September, and
December, at the office of the transfer agents of stock, Winslow, Lanier & Co., New York,
N. Y., and also at Cleveland. O., the books closing the lOrh of -the preceding month. Trus-
tee of 4th mortgage bonds, Farmers' Loan and Trust Co.,4Ntw York, N. Y. Total number
of dividends paid to date, 111. Stock and bonds listed on the New York Stock Exchange.

Directors (elected January 6, 1892).— George B. Roberts, Philadelphia, Pa. ; Charles
Lanier, Wm. C. Egleston, J. S. Kennedy, New York, N. Y. ; E. A. Ferguson, Cincinnati, O. ;
J. V. Painter, E R. Perkins, H. C. Ranney, R. F. Smith, M. A. Hanna, Cleveland, O. ; J. T.
Brooks, Salem, O. ; H. Darlington, Pittsburgh, Pa.

R. F. SMITH, President Cleveland, O.

Vice-President— J. V. Printer Cleveland, O. \ Sec. & Treas.—G.K. IngerBoll Cleveland, O.

PRINCIPAL OFFICE AND ADDRESS Cleveland, 0.

Fiscal Agency and Transfer Office. . ., Winslow, Lanier & Co., New York, N. Y.

EAST ST. LOUIS AND CARONDELET RAILWAY,

T . P1> { East St. Louis, 111., to Falling Springs, 111. . . 9.25

Jlain Line ot Koad.— ^ Eagt St Louis junction to East Carondelet, 111.2.25

Smith's Bay Branch . . 0 51— 12.01 miles.

Sidings, etc., 4.24 miles. Gauge, 4 ft. 9 in. Rail (steel, 6.67 miles), 40, 56, and 60 Ibs.

History.— Chartered February 18, 1857 ; road opened September 26, 1872. Used chiefly

as connecting road for all lines terminating at East St. Louis.

Rolling Stock, December 31, 1891. — Locomotive engines, 4. Cars — fiat, 25 ; caboose. 1;

other, 4 — total cars, 30.

POOR'S MANUAL OF RAILROADS. 877

\

Operations for year ending December 31, 1891. — Traffic statistics not reported. Earn-
ings— .-witching, $63,503.63; rent of railway, $12,759.00; miscellaneous, $559.50 — total,
$81,824.73. Expenses— maintenance of Tvay, etc., £17,990.81; motive power, $14,929.84;
transportation, $13,003.89; maintenance of car.-*. $3,939.70; general expenses, $12,355.03 —
total, $62,219.27. Net earnings, $19,605.46. Received in settlement of old accounts, $11,-
066.42— total income, $30,671.88. Payments : Interest on bonds, $14,000 ; amount paid on
account 25 new flat cars, $6,500 ; accrued inter**.- 1 on bonds, $3,500 — total, $24,000. Surplus,
$6.671.88; surplus forward, $36,808.45— net surplus, $43,480.33.

Financial Statement, December 31. 1891.— Capital stock ($100 shares1), $420,000 ; funded
debt (1st mortgage 7 per cent. 25-year $1,000 coupon bouds, due October 1, 1897, interest
payable April and October), $200.000; current accounts, $22,038.64; pr.'.fit and loss, $43,-
480.33— total, $685,518.97. Contra : Cost of road, i'622,441.93 ; current accounts, $38,117.61 ;
cash on hand, $24,959.43— total, $685,518.97.

Annual meeting, third Thursday in February, at Ea>t St. Louis, 111. Interest payable
at office of treasurer, Pittsburgh, Pa. Trustees of bonds : Win. li. McKeen, Terre Haute,
Ind. ; Win. H. Maurice, St. Louis, Mo. Registrar of stock, S. B. Liggett. Pittsburgh, Pa.
Voting power attaches to stock after ten days' ownership.

Directors (elected February 18, 1892).— Edgar Reynolds, St. Louis, Mo. ; J. S. Peers,
Collingsville, 111.; C. H. Seybt, Highlund, 111.; C. D. Hoiles, Abram McNeil, Greenville, 111.;
W. R. McKeen, Terre Haute. Ind.; James McCrea, Thomas D. Messier, Pittsburgh, Pa.;
Henry D. Sexton, East St. Louis, 111.

THOMAS D. MESSLER, President Pittsburgh, Pa.

Secretary— S. B. Liggett Pittsburgh, Pa. | Treasurer— T. H. B. McKnight Pittsburgh, Pa.

PRINCIPAL OFFICE AMD ADDRESS East St. Louis, 111.

Transfer Office Pittsburgh, Pa.

ENGLEWOOD CONNECTING RAILWAY COMPANY.

Line of Road.— In 59th Street, Chicago, III 2.35 miles.

Sidings, 0.82 mile. Gauge, 4 ft. 9 in. Rail (steel), 60 Ibs.

History.— Chartered March 20, 1885 ; road opened September 11, 1885. Leased to the
Pittsburgh, Cincinnati, Chicago and St. Louis Ry. <?o. — rental..

Operations for year ending December 31, 1891. — Gross earnings (trackage), $3.364.60.
Operating expenses. $3.982.7.'!. Deficit, 618.15; deficit forward, $2,516.55— total, $3,134.70.

Financial Statement, December 31, 1891.— Capital stock (authorized, $1,500,000; par,
$100), paid in, $98,500; due lessee. $3,885.71— total, $102,385.71. Contra: Cost of road,
$99,251.01 ; profit and loss, $3,134.70— total, $102 385.71.

Annual meeting. Thursday after second Tuesday in April, at Chicago, 111.; books close
ten days previously. Registrar of stock, S. B. Liggett, Secretary.

Directors (elected April 14, 1892).— Thomas D. Messier, Pittsburgh. Pa.; W. W. Chan-
dler, Fred. W. Belz, \Viliiuni Burner, J. H. Luce, Chicago, 111.

THOMAS D. MESSLER. Pi-<-*;<lcnt Pittsburgh, Pa.

Treasurer— T. H. B. McKnight Pittsburgh, Pa. | Secretary— S. B. Liggett Pittsburgh, Pa.

PRINCIPAL OFFICE AND ADDRESS Chicago. 111.

Transfer Office Pittsburgh, Pa.

ERIE AND PITTSBURGH RAILROAD COMPANY.

Main Line of Road.— Xew Castle to Girard, Pa 81.00

Erie Dock Branch : Dock Junction to Erie Dock 3.4? — 84.47 miles.

Sidings and other tracks, 41.79 miles. Gauge, 4 ft. 9 in. Rail (steel, 95.15 miles), 60 lbs.1

878

POOK S MANUAL — ERIE AND PITTSBURGH RR. CO.

History. — Chartered April 1, 1858 ; road opened in 1865. Leased to Pennsylvania RR.
Co. for 999 years from Marcb 1, 1870 ; operated by Pennsylvania Co. Rental 7 per cent, on
stock and bonds. Between Girard and Erie, Pa., trains are run over the Lake Shore and
Michigan Southern RR., 16.70 miles, making the total length of the road operated 101.17
miles.

Rolling Stock, December 31, 1891. — Locomotive engines, 29. Cars — passenger, 5; bag-
gage, mail, and express, 4; freight (box, 50; platform and coal, 1,261 ; stock, 8; caboose, 12),
1,331; other, 22— total cars, 1,362.

Operations for year ending December 31, 1891.— Train mileage— passenger, 173,838 ;
freight, 628,812; other, 7,993— total, 810,643 miles. Passengers carried, 273,165; carried
one mile, 4,874,271 ; average mile rate, 2.62 cents. Tons freight moved, 1,477,451 ; moved
one mile. 90,774.749 ; average ton-mile rate, 0.56 cent.

Earnings.— Passenger $127,562 17

Freight 515,76393

Mail 11,782 32

Express 9,315 61

Miscellaneous. . . . 30.315 98

Expenses.— Transportation . $168,331 50

Motive Power 154,249 79

Mai ntenance of Cars 61,902 36

Maintenance of Way & Buildings 98,063 21
General 12,150 17

Total ($6.864.34 per mile) $094,740 01 Total ($4,887.83 per mile) $494,697 03

Net earnings (28.79 per cent.), $200,042.98.

Lessor's Income Account for year 1891. — Receipts : Rental, $36'2,990 ; interest and divi-
dends, $923.30— toial, $363,913.30. Payments : Interest on bonds, $220,490 ; other interest,
$480 ; dividends (quarterly, M. J., S. & D., If per cent, each), ,$139,888; other payments,
$3,016.84— total, $363,874.84. Balance, surplus, $38.46 ; deficit forward, $25,845.81— net
deficit, $25,807.35.

Financial Statement, December 31, 1891.— Capital stock (par, $50), $1,998,400 ; funded
debt, $3,395,200 ; bills payable, $8,000 ; Commonwealth of Pennsylvania, State taxes,
$8,743— total, $5,410,343. Contra : Construction, $3,180,937.26; equipment, .$1,895,725.18
—total ($60,100.18 per mile), $5.076.632.44: real estate, etc., $8,675; stocks and bonds,
$23,435.88; Erie extension canal property, $155,000; betterments, $111,813.96; current
accounts, $1,621.41 ; cash, $7,826.96; profit and loss, $25,807.35— total, $5,410,343.

The funded debt ($3,395,200) consists of the following issues :

1st mtge. 7 per cent. 20-year (coupon $100) past-due bonds, due July 1, 1882, interest January and July. . . $200
Consolidated mortgage 7 per cent. 30-year (coupon $1,000) bonds, due July 1, 1898, interest Jan. and July. 2,109,000
Equipment mortgage 7 per cent. 30-year (coupon $1,000) bonds, due Oct. 1, 1900, interest April and Oct. . . 511,000
General mortgage 4 per cent. 50-year (coupon $1,000) bonds, due July 1, 1940, interest January and July. . 775,000

The consolidated bonds are authorized to the extent of $4,500,000, but by the terms of
the lease the issue is limited to the amount necessary to take up the remainder of the first
and second mortgage bonds. Amount of equipment bonds authorized, $1,000,000. Annual
meeting, second Monday in January, at Erie, Pa. Books close for annual meeting thirty days
previously ; for dividends, ten days previous to payment of same. Voting power attaches to
stock after sixty days' ownership. Interest and dividends payable at office of registrar and
transfer agent, Union Trust Co., New York. Dividends of If per cent, each (March, June,
September, and December) have been paid regularly since September, 1870. Trustees of
bonds : 1st mortgage, Charles H. Lee ; equipment mortgage, John P. Green ; consolidated
and general mortgages, Union Trust Co., New York, N. Y.

Directors (elected January 11, 1892).— Matthew H. Taylor, Joseph McCarter, Charles H.
Strong, William Brewster, Erie, Pa.; George B. Roberts, Philadelphia, Pa. ; Charles S. Fair-
child, New York, N. Y. ; James McCrea, Pittsburgh, Pa.

CHARLES H. STRONG, President. Erie, Pa.

Vice- President— Joseph McCarter Erie, Pa. | Secretary and I'reasurer— William. Breweter. . .Erie, Pa.

PRINCIPAL OFFICE AND ADDRESS Room 9, Scott's Block, Erie, Pa.

Transfer Office Union Trust Co., 80 Broadway, New York, N. Y.

POOR'S MANUAL OF RAILROADS. 879

GRAND RAPIDS AND INDIANA RAILROAD COMPANY.

Main Line of Road.— Fort Wayne, Ind., to Mackinaw City, Mich 360.59 miles.

Manistee Branch and Spurs : Milton Junction, Mich., to Carey, Mich. . .25.56
Missauke Branch and Spur : Missauke Junction, Mich., to Lake City.. 14.57

Plaster Mill Branch and Spurs : At Grand Rapids, Mich 3.93

Osceola Branch : Osceola Junction to Olga, Mich 7.03

Harbor Springs Branch : Kegomic to Harbor Springs, Mich 5.76

Ludington Branch : Stimson Junction to Vincent. Mich 8.92 — 65.77 miles.

( Cincinnati, Richmond and Fort Wayne RR. (see page 873). 85.60
Operated : \ Traverse City RR. (see page 897) 26.00

/ Mnskcgon, Grand Rapids and Indiana RR. (see page 886) .86.80 — 148.45 miles.

( C., St. L. & P. RR., at Richmond, Ind 0.76

kage : '( P., Ft. TT. & C. Ry., Adams, Ind., to Fort Wayne, Ind... . 6.69— 7.45 miles.

Total of all lines owned and operated. December 31, 1891 588.26 miles.

2d track, 2.76 miles. Sidings, etc. (owned, 106.73 ; leased, 26.45), 133.18 miles. Gauge, 4 ft.
9 in. Rail (steel [owned, 401.03 ; leased, 136.73], 547.76 miles). 56 and 60 Ibs.

History. — Organized January 18, 1854, and road completed between Fort Wayne and
Bay View from 1867 to 1876. Consolidated with the Grand Rapids, Indiana and Mackinaw,
Bay View to Mackinaw, 34.31 miles, October 1, 1884. (See MANUAL for 1888, page 445.)

During 1888 the Bay View, Little Traverse and Mackinaw RR. Co. was purchased by
this company, and its line, extending from Kegomic to Harbor Springs, Mich., is now oper-
ated as the Harbor Springs Branch of the Grand Rapids and Indiana RR.

For traffic returns, earnings, etc., of operated lines and terms of contracts with Grand
Rapids and Indiana RR. Co., reference should be made to the statements of their respective
companies. (See GENERAL INDEX.)

Rolling Stock, December 31, 1891. — Locomotive engines, 58. Cars — passenger, 65 ;
baggage, mail and express, 24 ; freight (box, 1.410 ; stock, 50 ; platform, 1,559 ; caboose, 52).
3,071 ; other cars, 35 — total cars, 3,195. Of the above, 916 box, 800 platform, and 50 stock
cars were acquired through car trust. The company also owns one-third of the Mackinaw
Transportation Company's tranfer boats.

Operations for year ending December 31, 1891 (432.36 miles). — See tabulated statement.

Earnings.— Passenger $765,416 47 ; Expenses.— Transportation $532,661 88

Motive Power 512,173 21

Maintenance of Cars 200,388 38

Maintenance of Way 296,686 59

General 168,25260

Total ($3,(i5r>.40 per mile) $1,710,162 66

Freight 1,492,633 (16

Mail 42,326 36

Express 30,371 81

Miscellaneous 58,258 62

Total ($5,525.54 per mile) $2,389.006 92

Net earnings (28.41 per cent.), $678,844.26. Add interest and rentals. $11, 406.87 ; pro-
portion of earnings Mackinaw Transportation Co., $4,537.54 — total income, $694,788.67.
Payments : Interest on bonds (1st mortgage, $65,520 ; land grant, $34,667.50 ; guarantee,
$249,026.53 ; extended, $20,655 ; 6 per cents., $162,000 ; 5 per cents., $185,350), $719,219.03 ;
on debt, $86,895.56 ; advances to C., R. & F. W. RR. Co., $7,735.88 ; advances to Mackinaw
Island Hotel Co., $1,350 ; loss on Traverse City RR., $116.23 ; rental of terminal facilities,
$21,717.24 ; expenditures for betterments, $148,140.43 ; cost of extending first mortgage 7s,
$29,371.95— total, $1,012,546.32. Deficit, $317,757.65 ; deficit forward, $166,463.59— total,'
$484,221.24. Add sundry accounts paid during the year, $1,166.08— total deficit, $485,387.32.

General Balance Sheet, December 31, 1891.

Road, Equipment. Real Estate, etc $17,376,661 02 Capital Stock (par, $100) $4.986,081 22

Stocks and Investments 161,780 00 Funded Debt 13,000,000 00

Cash on Hand 101,66238 Mackinaw Loan 275,00000

Bills Receivable 1,882 43 Bills Payable 426,666 66

Materials and Fuel 117,990 83 | Bond and Mortgage on Real Estate 47,649 98

Current Accounts 193,542 77 j Current Accounts 110,67391

Improvement and Betterment Bonds 910,000 00 j Coupons Unpaid, including Jan. 1, 1892. . 301.350 03

Six p. c. Bonds held as Collateral 300,000 00 j Accounts Payable 351, 109 83

Profit and Loss 485,38732 Trustees Land Department 310,67944

Agents and Conductors 60.304 32

Total Assets $19.709,211 07

Total Liabilities $19,709,211 07

POOR S MANUAL — GRAND RAPIDS AND INDIANA RR. CO.

Statement of operations, etc., yearly for eight years ending December 31 :

1884

1885

1886

1887

1888

1889

1890

1891

Miles of Railroad Owned. . .
Miles of Track
Miles of Steel Rail
Locomotive Engines

396.47
465.83
323.59
56
40
20
2,003
683,891
966.732
913J81
26,222,264
768,018
100.197,431
$
2,116,299
1,502,579

403.50
473.51
346.00
56
41
21
2,014
701,947
909,189
805,768
24,450,155
767,966
99,991,291
$
1,946,143
1,342,428

403.50
478.27
346.00
59
39
21
2,024
692,172
986,975
867,744
26,458,750
907,454
116-952,107

2,099,455
1,338,862

403.50
487.44
369.79
62
47
24
3,033
694,219
1,118,357
930,694
30,536,857
1,194,374

409.20
498.65
373.27
66
56
24
3,049
705,920
1,092,794
991,585
30,842,661
1,457,686

417.41
512.61
381.72
65
56
24
3,040
762,296
922,687
952,874
29,945,030
1,565.159

428.27
531.17
395.57
64
59
23
3,061
809,687
1,191,760
986,898
30,427,277
2,082,758

432.36

541.85
401.03
58
65
24
3,071
912.032
986,821
1,090,704
32,815,415
1.845,280
162,692,760

2,404,952
1,710,163

Passenger Cars
Baggage, Mail, etc., Cars. . .
Freight (= 8-wheel > Cars. . .
Passenger Train Miles. .. .
Freight Train Miles
Passengers C'arried
Passengers Miles

Freight (tons) Moved
Freight (ton) Miles

139,691-801

2,367,530

1,516,997

147,911-183

2,232.788

1,528,597

148,406,688

2,291,166
1,524,452

194.795,760

2,602,416
1,743,033

Gross Receipts
Expenses, Taxes, etc

Net Traffic Earnings
Total Interest Liabilities. . .
Leased Lines Deficits, etc. .
Balance ( + or — )

613,720
440,689
33,497
+ 139,534

603,715
728,438
15,925
- 140,698

760,593
730,837
15,568
+ 14,187

850,533
713,600
8,636
+ 126,287

704,191
766,870
17,137
- 79,816

766.714
791,978
3,168
- 28.432

859,383
798,330
30.760
+ 30,293

694,789
806,115
206,431
- 317,757

Interest, as above, was
^rpt Rpv (G.R.&Ind. RR.
Net Rev- 1 C., R. &F.RR..
G. It. I. &M. RR

Total Interest
Gross Earnings per Mile*. .
Gross Expenses per Mile* . .
Net, Earnings per Mile*
Expenses to Earnings
Av. Rate per Pass, per Mile
Av. Rare per Ton per Mile.

Capital Stock

paid as follows :
408,654! 714,100] 715,600
12,785 14,388: 15,237
1 9,250 j .!

715,600] 766,870

791,978

798,330

806,115

!

440,689 728,438
5,25349^ 4,75676
3,789 8'.) 3.32(> %
1,46300 1.42HSO
72. 14p, c.;69.94p. c.
2.54 c. | 2.49 c.
1.32 c. ! 1.22 c.

$ s

4,985,081 4,985,081
11,292,000 11,292,000

730,837
5,128 99
3,31812
1,81087
64. 69 p. c.
2.45 c.
1.14 c.
S

4,985,081
11,292,000

715,600
5,837 05
3,759 60
2.077 45
64.41 p. c.
2.44 c.
1.08 c.

4,985,081
11,342,000
180,000
275,000

7«6,870
5,440 14
3.735 57
1.701 57
68. 67 p. c.
2.38 c.
0.92 c.
$
4,986,081
12,174,000
280,000
275,000
222,133
40.500
61,123
146,535
122,660

791,978
5,584 18
3,731 92
1,85226
66. 86 p. c.
2.40 c.
O.D5 c.

S

4,!)86,OS1
12,479,000
420,000
275,000

""4L750
821,842

144,430
150,000
17401

798,330
6.045 29
4,069 94
1.H75 35
77.21 p. c.
2.30 c.
0.89 c.
S
4,986,081
12,711,000
328,333
275,000
385,465
48,250
72,188
145,020
224,008

806,115
5,525 54
3,955 40
1,570 14
71. 59 p. c.
2.33 c.
0.81 c.

4,986,081
13,000,000
426,667
275,000
351,110
47,650
110,674
301,350
210,679

Funded Debt.

Bills Payable

Mackinaw Loan.

275,000 275,000
544,742 142,068
27,500 ! 27,500
177,779 179,656
I

275,000
198,761
39,500
32,857
143,410
85,135

Accounts Payable
Bond and Mortgage

56,000
289,994
144,265
85,135

Accounts Current

Coupons held by Pa. Co. etc
Trustees Land Department.
Lake City Extension Fund.

Total Liabilities
Railroad J
Equipment. f

16,902,101 16,901,305
13,722,217 ! 13,793,183

49,558 49,558
146.495 99,490
70, 304 1 1.005
224,243! 277,116
373.703 1 225,089
2,315,132; 2,455,864

16,966,609
13,921,041

50.448
113,168
642
230,592
208,902
2,441,686

17,357,475
14,215,483

136,339
122,758
642
265,011
255,209
2,362,033

18,308,032
16,836,580

742,780
102,385
1,642
270,489
200,750
153,406

18,834,984
16,986,267

968,780
118.496
26,642
255,508
294,840
189,451

19,175,345
17,376,661
1.098,780
130,231
1,642
305,873
95,695
166,464

19,709,211
17,376,661

1,371,780
117,991
1,882
253,847
101,662
485,387

•Stocks, Bonds, etc
Materials and Supplies
Bills Receivable.

Accounts Current
Cash and Cash Items
Income Account

Total Assets

16,902,102 16,901,305

16,966,609

17,357,475

18,308,032

18,834,984

19,175,345

19,709,211

* Calculated on gross traffic earnings, excluding receipts from interest, etc.

Funded debt ($13,000,000) consisted, December 31, 1891, of—

latmtg. (Ft. Wayne to Mack City) 7 p. c. 30-year coupon $1,000 bonds, due October 1, 1899, int. Apr. & Oct. $936,000

1st mtg. land grant (Ft. Wayne to Mack City) 7 p. c. 30-year coup. $1,000 b'ds. due Oct. 1, 1899, int. A. & 0 . 458,000

Istmtg. ext. (,guar.)4£ p. c. $1,000 coupon bonds, due July 1, 1941, interest January and July 952,000

1st mtg. land gr. guar. (Ft. Wayne to Mack City) 7 p. c. 30-yr. coup. $1.000 b'ds, due Oct. 1, 1899, int. J. & J. 3.029.000

« p. c. mtg. (Ft. Wayne to Mack City, excl. Maniste(i bv.) 15-yr. cp. 1,000 b'ds, due Nov. 1, 1899, int. M. & N. 3,000,000

5 p. c. mtg. (F. W. to M. C.,cxcl., Manistee br.) 40-yr. $1,000 bds.. cpn. or reg., due Sept. 1,1924, int. M. & S. 4,625,000

Under an agreement with the Pennsylvania RR. Co., the first mortgage bonds are being
extended for 50 years at 4£ per cent., both principal and interest guaranteed by that com-
pany; such guarantee being endorsed upon the bonds as fast as redeemed and re-issued.
Since the close of the fiscal year, $327,000 additional bonds have been extended under this
agreement, making a total, May 1, 1892, of $1,279,000.

The first mortgage land grant guaranteed bonds were originally guaranteed by the Pitts-
burgh, Fort Wayne & Chicago Ry. Co., and are now guaranteed by the Pennsylvania RR.
Co., lessee of the P., W. & C. Ry., which buys the coupons each year, if any remain unpaid

POOR'S MANUAL— GRAND RAPIDS AND INDIANA RR. CO.

881

or unprovided for. These bonds mar be bought (not drawn) at 110 out of proceeds of land
sales. The company has in the hands of trustees of its sinking fund about $2.000,000 pro-
ceeds of sales of lands, applicable to the redemption of its land grant bonds at maturity or
when obtainable at 110. The 6 per cent, bonds of 1899 were issued to liquidate the floating
debt incurred in building the Mackinaw extension, and to pay amounts due the Pei;n>ylvania
RR. Co. for advances, etc. The authorized issue is $3,000,000, of which $300,000 are held as
collateral for the Mackinaw loan. The authorized amount of 5 per cents, is $13,000,000. Of
this issue a sufficient amount is reserved to retire prior Hens. The amount included in rut-
standing funded debt is §4.625,000,- but of these $910,000 are in the company's? treasuiy,
unsold .

The Muskegon, Grand Rapids and Indiana RR.. from Grand Rapids to Muskegon, 36.85
miles, was completed toward the close of 1886 and leased to this company. To provide the
means for building this line there were issued $750, OuO 40-year $1,000 coupon bonds, due
Julv 1. 1926, and bearing interest at the rate of 5 per cent, per annum, payable st-mi-
annually, January and July. Principal and interest payable in gold, free of all State and
United States taxes. These b mds are a direct obligation of the Grand Rapids and Indiana
RR. Co., and to provide additional security that company agrees to set apart each half year
20 per cent, of its gross earnings on business to and from tlxe Muskegon Division to be applied
to payment of interest on the Muskegon Division bonds accruing during such six months,
should any deficiency arise in the earnings of the Muskegon Division applicable thereto.

Statement showing result of operations of all lines owned and operated for year 1891 :

Grois i Operating Net Interest RalQT1

Earnings, i Expenses. Earnings. ! Payments.

Grand Rapidc and Indiana RR

8,389.006 92

s

1.710.162 6«

G7H.S44 -2*5

$ $

804.114 59 d 125,270 33

Cincinnati, Richmond and Fort Wayne RR
Traverse City RR

452,068 42
43.497 10

330,227 52
35,326 18

121,840 90
8.170 92

126,000 00 d 4,159 10
7,500 00 s 670 92

Muskegon, Grand Rapids and Indiana RU

180,706 60

118,155 96

62,550 64

37,500 00 s 25.050 64

Total

3.065,279 04

2,193.872 32

871.406 72

975,114 59 d 103,707 87

Statement of mileage of main and operated lines, sidings, etc.. Dec. 31, 1891 :

XAME OF COMPANY.

1st Track.

2d Track.

Siding?.

Total
Track.

Steel
Rail.

Grand Rapids and Indiana RR. and Branches
Cincinnati, Richmond and Fort Wayne RR
Traverse City RR

M
488.86

85.60
26 00

W.
2.76

jr.

106.73
14.31
3 02

It.

541.85
99.91
29 02

jr.

401.03
71.74
26 00

Muskegon, Grand Rapids and Indiana RR

36.85

9.12

45.97

38.99

Total . .

580.81

2 76

716 95

537 76

Land Grant. — The company has two land grants, amounting in the aggregate to 1,160,-
000 acres, of which 852,960 acred had been certified up to December 31, 1882. Sales in the
year ending December 31, 1891, 21,432 acres for £191 093.93. Average price per acre, $8.92.
Sales of pine wood only were made to the amount of $161,500.

The following is from the report of the Pennsylvania RR. Co. for 1891 :

"The earnings of the Grand Rapids and Indiana RR. Co. were insufficient to meet the interest on its funded
debt and provide for the necessary betterment expenditures during the year, and it was deemed expedient for
the company, under its guaranty of S-t<OpO,000 of their first mortgage bonds, to purchase $275,380 of this coupons
thereon, which amount it is expected will be refunded to the company. It will be remembered that in pursuance
of the guaranty of these bonds, the power to vote a majority of the stock of that road is vested in this company
until their maturity, October 1, 1899 ; but the Grand Rapids and Indiana RR. Company having, in connection
with the owners of the lands that form an additional security therefor, offered to the holders of its 7 per cent
bonds to extend them for fifty years, from July 1, 1891, at the rate of 4* per cent, per annum, proposed to permit
the voting control of the stock to remain with this company, as above stated, until the maturity of the extended
bonds, provided this company would guarantee the principal and interest thereof, amountine to ^5 375 000 An
agreement to the above effect was entered into March 1, 1891. and $952,000 of these bonds had been so extended
at the close of the year. Th^re are yet outstanding $3,029,000 of the guaranteed. $458.000 of the unguaranteed
land-grant, and f 936.UOO of the ex-land grant 7 per cent, first mortgage bonds of that company.

" The land department made sales of 19.447 acres of farm lands, and 1,975 acres of pine land, for the aggre-

56

882

POOR S MANUAL OF RAILROADS.

price of $191,093.96, being an average price of $8.92 per acre, and in addition thereto received from the sale
ie timber right on a large body of land §161,500. The amount sold to the close of the year, after deducting
elled contracts, was 542,069 acres, and the aggregate price received therefor was $7,159,052.74, an avefage of
$13.21 per acre.

" The assets on hand December 31, 1891, applicable to the redemption of the first mortgage land-grant bonds,
were : Cash in the hands of the trustees, $772,035.99 ; Cash in the hands of cashier, $7,763.25 ; bills and accounts
receivable in hands of cashier, $416,091.95 ; bills receivable and securities in hands of trustees, $813,679.44— total,
$2,009,570.63.'1

Annual meeting, first Wednesday in March. ; books close ten days previously. First
mortgage bonds and 5 per cent, bonds listed on New York Stock Exchange. Trustees of
bonds : Five and six per cent, mortgages, John E. Davidson and William H. Barnes, Pitts-
burgh, Pa., and Conrad Baker, Indianapolis, Ind. ; seven per cent, mortgage, Philadelphia
Trust, Safe Deposit and Insurance Co., and William H. Barnes, Philadelphia, Pa. Registrar
of stock, F. A. Gorham, Grand Rapids, Mich. Interest payable at office of Winslow,
Lanier & Co., New York, N. Y.

Directors (elected March 2, 1892).— W. O. Hughart, Harvey J. Hollister, W. R. Shelby,
J. H. P. Hughart, Grand Rapids, Mich. ; J. G. Wait, Sturgis, Mich. ; Thomas D. Messier,
James McCrea, Charles E. Speer, William Thaw, Jr., J. T. Brooks, Pittsburgh, Pa. ; W. H.
Barnes, J. N. Hutchinson, Philadelphia, Pa. ; F. B. Stockbridge, Kalamazoo, Mich.

W. 0. HUGHART, President Grand Rapids, Mich.

W. R. Shelby, 1st Vice-Pres., Treas., and Pur. Agent.Gr&nd Rapids, Mich.
2d V.-P. efe O. Jf.—J.H. P. Hughart, Grand Rapids, Mich. | Sec. & Auditor— If. A. Gorham... Grand Rapids, Mich.

PRINCIPAL OFFICE AND ADDRESS Grand Rapids, Mich.

Transfer Agents Winslow, Lanier & Co., 26 Nassau St., New York City.

INDIANAPOLIS AND VINCENNES RAILROAD COMPANY.

Main Line of Road.— Indianapolis, Ind., to Vincennes, Ind 116.92

Bushrod Branch : Bushrod to Duggersville, Ind 11.88

Gosport Branch : Gosport to Stinesville, Ind 4.29 — 133.09 miles.

Sidings and other tracks, 17.89 miles. Gauge, 4 ft. 9 in. Rail (steel, -96.29 miles), 56 and 60 Ibs.

History. — Chartered September 29, 1865 ; road opened in 1869. Owned and operated by
the Pennsylvania Co. At Indianapolis 0.12 mile of Union Ry. tracks are used, making the
total length operated 133.21 miles.

Rolling Stock, December 31, 1891. — Locomotive engines, 11. Cars — passenger, 8 ; bag-
gage, mail, and express, 4 ; freight (box, 63 ; .platform, 322 ; stock, 25 ; caboose, 14), 424 ;
other, 1 — total cars, 437. Of the above, 4 locomotives, 3 passenger, 1 baggage, mail, and
express, 13 box, and 70 platform cars are leased.

Operations for year ending December 31, 1891. — Train mileage — passenger, 156,629 ;
freight, 263,995 ; other, 23,587— total, 444,211 miles. Passengers carried, 292,822 ; carried
one mile, 6,074,464 ; average mile rate, 2.42 cents. Tons freight moved, 476,224 ; moved
one mile, 33,955,063 ; average ton-mile rate, 0.89 cent.

Earnings.— Passenger $151,282 28

Freight 302,19069

Mail 8,721 80

Express 6,222 37

Miscellaneous. . 5,511 07

Expenses.— Transportation $134,418 79

Motive Power 87,528 66

Maintenance of Cars 30,817 77

Maintenance Way & Buildings. . 131,988 90
General... 21,03916

Total ($3,046.26 per mile) $405,793 28

Payments : Interest on bonds, $203,120 ; hire

Total ($3,557.75 per mile) $473,928 21

Net earnings (14.37 per cent.), $68,134.93.
of equipment, $67,166.60— total, $270,286.60. Balance, deficit, $202,151.67 ; advanced by
Pennsylvania Co. Deficit forward, $2,082,536.58. Total deficit, $2,284,688.25.

Statement of earnings for eight years :

1885

Gross Earnings? .
Operating Expenses

1884

$312,533
322,103
Net Earnings def. 9,570

324,079
def. 5,847

1886

$401,881

375,583

26,298

1887
$456,552
477,379
def. 20,827

1888

$451,251
416,887
34,664

1889

$459,623
408,376
51,247

1890 1891

$459,606 $473.928
390,917 405,793
68.135

POOR'S MANUAL OF RAILROADS. 883

General Balance Sheet, December 31, 1891.

Oast of Road ... $4.675.:,97 22 Capital Stock (par. $5W $1,402,000 00

Other Property and Assets 28..')?.") 21

Cash on Hand 8,127 50

Profit and Loss . . . . 2.284.688 25

Total Assets £6,996,988 18

Funded Debt Outstanding 3.102.000 00

Due Penn. Co., Lessee 2,421,257 34

Other Liabilities .... 71,73084

Total Liabilities $6,996,988 18

Funded debt consisted, December 31, 1891, of —

1st mtge. 7 per cent. $1.000 coupon bonds, dated September 1, 1867, due Feb. 1. 1908. int. Feb. and Aug.$l,700,OCO
2d mtge. 6 per cent. $1.000 coupon bonds, dated June 1, 1870. due May 1, 1900, int. May and November. 1,402,000

Annual meeting, second Thursday in May, at Indianapolis, Ind.; books close twenty days
previously. Voting power attaches to stock after twenty days' ownership. Interest payable
at Farmers' Loan and Trust Co., New York City. Trustees of 1st mortgage bonds, Edmund
Smith and Thomas D. Messier ; of 2d mortgage, Edward Pearce and William Goddard.
Registrar of stock, S. B. Liggett.

Directors (elected May 14, 1890).— George B. Roberts, W. H. Barnes, Philadelphia, Pa. ;
James McCrea, Thomas D. Messier, Win. Mullins, Pittsburgh, Pa. ; S. F. Gray, Indian-
apolis, Ind.

GEORGE B. ROBERTS, President Philadelphia, Pa.

Treasurtr— T. H. B. McKnight Pittsburgh, Pa. | Secretary— S. B. Liggett Pittsburgh. Pa.

PRINCIPAL OFFICE AND ADDRESS Pittsburgh, Pa.

Lessee's Offices Penn Avenue and Tenth Street, Pittsburgh, Pa.

Fiscal Agency : Farmers' Loan and Trust Co New York, X. Y.

LITTLE MIAMI RAILROAD COMPANY.

Main Line of Road.— Cincinnati, O.. to Springfield, 0 83.66 miles.

Dayton Branch : Xenia, O. , to Dayton, O 15.35 miles.

{Columbus and Xenia RR. : Xenia, 0., to Columbus, 0 55.00 miles.
Dayton and Western RR. : Dayton, O.. to Indiana Line 37.99 miles.
Richmond and Miami RR. : Ohio Line to Richmond, Ind . 4.19 miles.

Total length of lines owned and leased 196.19 miles.

Operated, but earnings, etc. , kept separate from those of other Little Miami Lines :

Cincinnati Street Connection Railway 2.49 mile?.

Newport and Cincinnati Bridge 73 mile.

Total length of lines operated December 31, 1891 199.41 miles.

2d track, 27.08 m. ; sidings, 56.81 m.— total track owned, 283.30 miles. Gauge, 4 ft. 9 in.
Rail (steel, 236.83 miles), 60 and 70 Ibs.

History.— Chartered March 11, 1836 ; road opened to Milford, 0., December 20, 1841;
to Xenia, 0., August, 1845 ; to Springfield, August, 1846 ; to Columbus, O., February, 1850.
On January 1, 1865, this company to k a lease of the Dayton & Western RR., and on
November 30, 1868, of the Columbus and Xenia RR. On December 1, 1869, the entire system
was leased to the Pittsburgh, Cincinnati and St. Louis Ry. Co. (now P., C., C. & St. L. Ry.
Co.) for 99 years, at an annual rental of 8 per cent, on the capital stock, the interest on the
funded debt, $5,000 yearly for expenses of organization, and the assumption of all lease obli-
gations of the Little Miami RR. Co. Road now operated by the Pittsburgh, Cincinnati,
Chicago and St. Louis Ry. Co. The Little Miami RR. Co., as lessor, receives the entire
rental, and is responsible to the other companies for their proportion of the same.

Rolling Stock, December 31, 1891. — Locomotive engines, 52. Cars — passenger, 57 ; bag-
gage, mail, and express, 20 ; freight (box, 538 ; platform, 124 ; stock, 140 ; caboose, 22), 824;.
other cars, 5— total cars, 906. Of the above 22 passenger and 11 caboose cars are leased, and
100 box cars were acquired through car trust.

884

POOR'S MANUAL — LITTLE MIAMI RR. CO.

Operations of lessee for year ending December 31, 1891.— See tabulated statement below.

Karnings.— Passenger $628,640 35

Freight 1,048,75841

Mail 76.615 31

Express 59,363 19

Miscellaneous 99,764 86

Expenses.- Transportation $887.711 70

Motive Power 371,793 (jy

Maintenance of Cars 14:2,323 03

Maintenance Way & Buildings 198,961 36

General 142,997 81

Total (§9.751. 47 per mile) $1,913,142 12 i Total ($8,888.26 per mile) $1, 743,787 59

Net earnings (8.85 per cent.), $169,354.53.

Lessor's Income Account, year 1891. — Receipts : Rental, $654,626.56 ; interest and divi-
dends, $3,190— total, $657,816.56. Payments: Interest on bonds, $95,445 ; dividends on
stock (paid quarterly, 2 per cent, each, March 10, June 10, September 10, and December 10,
on stocks of Little Miami and Columbus and Xeuia RR. Cos.), $529,872 ; sundry other pay-
ments, $7,344.45— total, $632,661.45. Balance, surplus, $25.155.11 ; surplus forward, $694,-
290.62— total, $719,445.73.

Statement of operations, etc., for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Passenger Train Miles
Freight Train Miles
Passengers Carried

756,246
890,090
1,257,954
27,689,200
1,032,091
83,046,618
$
1,569.900
1,868,786

814,992
977,722
1,192.576
25,776,533
1,055,156
86,859,629

1,447,130
1,323,169

797,166

1.055,681
1,329,902
25.333,210
\ 1,229,485
100,706,556

8

1,595,266
1,545,255

826,700
1,200.753
1,423,373
27,188,999
1,352.467
112-033,156

$
1,838,146
1,628,060

210.086
206I&28

878,1*5
1,219,251
1,726,261
33,104,062
1,316,624
112,816,783

1,841,442
1,721,834

918.518 907,410
1,155,957 1,175,415
1,456,825 1,579,290
29,091,967 30,694,762
1,331,450 1,403,055
109,054,2r)U 117,590,937

1,813,663 l,y25,S4G
1,647,590 1,734,377

859,420
1,031,9%
1,467,304
30,420.560
1,3>9,9U3
112.131.00d

1,913,142

1,743,788

Freight' (tons) Moved
Freight (ton) Miles

Gross Earning?
Operating Expenses

Net Earnings

206.115 123,961
137,695; 167,382

50.011
196,629

119,608
174,356

166,073
163,373

191,469
139,398

169,354

151,4(58

Other Receipts

Available Revenue
Rental Payments
Interest
Dividends
Other

Total Rental
Int. on C. S. Con. Ry.Bonds
Sundries

Total Payments
Net Loss to Lessee

343,810 291,343 246,640

121,160 121,160 121,160
529,872' 529,872 549,878
32,789 32,787 32,787

416,914

121,160
529,872

32,787

293,964

120,335
529,872
33,612

329,446

120,335
529,872
33,612

330,867

120,335
529,872
33,612

320,822

114,210
538,344
10,073

(183,821
31,500
3,731

683,819
31,500

683,819
31,500

683,819
31,500

683,819
31,500

683,819
31,500

683,819
31,500

662,627
31,500

719,052
375,243
8.01378
6,961 64
1,052 14
86.87 p. c.
2.22 c.
0.94 c.

715.319
423,976

7.3;<> ii)

6,744 32
G31 84
91. 43 p. c.
2.09 c.
0.84 c.

715,319
468,680
8,131 23
7,876 32
25491
96. 87 p. c.
2.13 c.
0.87 c.

715,319
298,405
9,369 21
8,298 38
1,07083
88.58 p. c.
2.18 c.
0.94 c.

715,319
4-21,355

9,386 01
8,770 36
I50» (!5
93.51 p. c.
1.98C.
0.86 c.

715,319
385,873
9,095 15
8,262.32
KM 83
90. 84 p. c.
2.12 c.
0.88 c.

715,319
384,452
9,816 22

8,840 2S
975 94
90. 0(5 p. c.
2.07 c.
0.90 c.

694,127
373.305
9,751 47

sr,3 -:\

91. 15 p. c.
2.M c.

0.1)3 c.

Gross Earnings per Mile.. .
Gross Expenses per Mile . .
Net Earnings per Mile
Expenses to Earnings
Aver. Rate p. Pass. p. Mile
Aver. Rate p. Ton p. Mile.

NOTE. — " Other Receipts " includes amount of dividends and interest (§79,444 per year), received from se< u-
rities transferred to lessee. Earnings per Mile are calculated of basis on 195.90 miles up to 1884, inclusive ; sub-
sequent to that year on basis of 196.19 miles.

Lessor's General Balance Sheet, December 31., 1891.

Cost of Road, including D. & W. RR $4,590,475 22 Capital Stock (auth'd, $5,000,000; par, $50).$4.943.100 00

Cost of Rolling Stock 974,39064 Funded Debt Outstanding 1,1"

Real Estate and Buildings 1,716,2:3414 Bonded Debt, Capitalized 3

Stocks and Bonds Owned 465,800 00 ——••••

Other Property and Assets 2,722 55

Cash on Hand 43,241 73

995.000 00
100.000 00

Other Liabilities.^ 35,31855

Profit and Loss 719,445 73

Total Assets $7,792,864 88 Total Liabilities £7,792,864

Description of bonds issued and outstanding, December 31, 1891 :

Character of Bonds.

Date.

Interest.

Mature. Author'd.

Out-
standing.

Renewal Mtge.. L. M. RR., coupon, $1.000 . .
Guaranteed.^. & W. RR. Co., coupon, $1,000
Guaranteed D. & W. RR. Co., coupon, $1,000
1st Mtge. Cin. Str't Con. Ry., coupon, $1,000.
2d Mtge. Cin. Str't Con. Ry.. coupon, $1,000.

Nov. 2
Nov. 1
Nov. 1
July 1
Nov. 2

1882
1864

1864
1864
1868

p. c.

5
6

6
6

May
Jan.
Jan.
Jan.
May

&
&
&

&
&

Nov.
July
Julv
July
Nov.

Nov.
Jan.
Jan.
July
Nov.

2

1
1
1
1

j
1912
1905
1906
1894
1898|

$
1,500,000
463,000
295,000
250,000
275,000

1,500,000
4(53. 000
38.000
860,000

275.000

The Little Miami mortgage is a lien on the road from Cincinnati to Springfield ; the Day-
ton and Western mortgage on the road from Dayton to Indiana State Line, and the Cincinnati

POOR'S MANUAL — LITTLE MIAMI SYSTEM. 885

Street Connection on the connecting tracks, ere., in Cincinnati. The renewal mortgage was
issued to take up the bonds of the mortgage maturing in May, 1883. Included in the bal-
ance sheet above are only Little Minim and Dayton and Western bonds, $1,993,000. For all
other bonds the company is responsible by lease or guarantee. Dividends payable at Cin-
cinnati, O., interest at Bank of America, New York, N. Y. Books close ten days previous
to dividend payments ; total number of quarterly dividends paid to close of 1891, 186.
Trustee of renewal mortgage, Julius Dexter ; of D. & W. UR. bond.*, S. E. Wright ; of ('in.
St. Con. Ry. bonds, Thomas D. Messier. Annual meeting, last Tuesday hi January, at Cin-
cinnati, O.

At the annual meeting held in January, 1890, the stockholders authorized an issue of
$3,000,000 7 per cent, bonds, which will be issued to the lessee company from time to time,
as may be required, for betterments and improvements to the property. These bonds are
convertible into stock. To provide for their alternate conversion the stockholders voted at
the same meeting authority to increase the capital stock to the amount of $3,000,000.

RAILROADS OWNED OR LEASED BY THE LITTLE MIAMI RR. Co.

CINCINNATI STREET CONNECTION RAILWAY.-In Cincinnati, connect* the Little
Miami Railroad with other railroads terminating in that city. Total track, 2.43 miles. Its cost is represented by
$.~25.00J of bonds issued jointly by the Little Miami RR. Co. and the Cincinnati and the Indiana RR. Co. (See
bond statement of Little Miami RR". Co.) The Cincinnati, Indianapolis, St. Louis and Chicago Ry. Co.. successor
of the Cincinnati and Indiana RR. Co., having declined to assume the obligations of the latter company in this
respect, the road is now controlled and operated by the Pittsburgh, Cincinnati. Chicago and St. Louis Ry. Co.,
lessee of the Liitle Miami RR.

COLUMBUS AND XENIA RAILROAD.— Colnmbns, O., to Xenia, O.. 55 miles. Chartered March
12. 1S44 : road opened February, 1850. Leased November 30, 1868. to Little Miami RR. Co.. and with that road
sub-leased to the P.. C. & St. L. Ry. Co. (now P., C., C. & St. L. Ry. Co.), at an annual rental of 8 per cent, on
stock (§142.896). and the interest on bonds $91,140. Financial Statement, December 31, 1891.— Capital stock
(par. $50). $1.786,200; funded debt, 1st mortgage 7 per cent. 30-year coupon bonds (denominations. §500 and
§1.000), due September 1, 1890, interest payable March and September ($500.000 authorized), $302,000 : profit and
lo*s. (157,359.87— total, $2,245,459.87. Contra : Construction, SI. 493,146 : equipment, §643.989 : stocks and bonds
owned, $106,050; cash on hand. $2.274.87— total. $2.245.459.87.' Annual meeting, first Tuesday in January, at
Columbus. O. Books close for annual meeting 15 days previously ; for dividends. 10 days in advance of payment
of same. Dividends payable quarterly ; March 10, 2£ per cent.: June 10. 2 per cent.; September 10, 2i per cent.;
and December 10. 2 per cent. Total number quarterly dividends paid to date, 128. Interest payable at New York
City : dividends at Columbus, O. Voting power attaches to stock after 15 days ownership, trustees of bonds,
Wiiliam Dennison and George M. Parsons. Registrar of stock. Robert S. Smith. Treasurer. Directors (elected
January 7. 1892).— John W. Andrews. B. F. Martin. Rutherford H. Platt, George M. Parsons, P. W. Huntiugton.
R. A. Harrison. Robert S. Smith. Alfred Thomas, William B. Hayden, Columbus, O.; James A. Swan, Newport,
R. I.. Henry Hanna, Cincinnati, O.: Thomas D. Messier, Pittsburgh, Pa. Officers: P. W. HUNTIXGTON, Presi-
dent ; Robert S. Smith. Secretary and Two-surer, Columbus. O.

DAYTON AND WESTERN RAILROAD. -Dayton, O., to State Line. Indiana. 37.99 miles : total
track. 41.90 miles. Leased in perpetuity January 1, 1865, and virtually owned by the Little Miami RR. Co., which
company, together with the Columbus and Xenia RR. Co., has guaranteed bonds of the D. & W. RR. Co.,
amounting originally to $738.000. The cost of the road was about $1,087.799.11. The first mortgage bonds became
due and were paid March, 1881. leaving outstanding $463,000 guaranteed 6 per cent, and $32.000 7 per cent. 30-year
bonds, due January 1, 1905, on which interest is ^30.020

NEWPORT AND CINCINNATI BRIDG-E. -Newport, Ky., to Cincinnati, O.. 0.73 mile : sidings,
etc., 0.21 mile; total track. 0.94 mile. Gauge, 4 ft. !) in. Rail (steel). "60 and 64 Ibs. Chartered April 3, 1868.
Gross earnings, year ending December 31, 1891, $154.792.15 ; operating expenses, $18,783.71 ; net earnings. §136,-
008.44. Payments : Interest on bonds, $77.000 ; dividends (4 per cent.), $37.104 ; bridge renewal fund, $21,904.44
—total, $136.00.8.44. Financial Statement, December 31. 1891.— Capital stock (common. $1,196.900: preferred,
$927,600), $2,124.500 : funded debt, 1st mortgage 7 per cent. 30-year coupon $1,000 bonds, due July 1. 1898, interest
payable January and July (authorized, $1.200,000), $1,100,000 ; current accounts, $4.121.07 ; bridge renewal fund,
S132.654.51 : profit and loss. $9,276— total, $3.370,551.58. Contra: Cost of bridge. $3.217.260.02; otlier assets,
$100,000 : current accounts, $9,865.12 ; cash on hand, $43,426.44— total. $3.370.551.58. Annual meeting, third
Wednesday in February, at Ciucinnati : books close ten days previous!}'. Books close for dividends five days
in advance of payment of same. Trustee of bonds, J. N. Du'Barry. Philadelphia. Pa. Registrar of stock.. S. B.
Lisgett, Pittsburgh, Pa. Preferred stock is entitled to 8 per cenr. guaranteed dividends, payable quarterly,
Feb. 1, May 1, August 1, and November 1. cumulative if not paid. Number of dividends paid to close of
1891, 26. Interest and dividends payable at the office of the companv, Pittsburgh. Pa. Directors (elected Feb-
ruary 17, 1892).— Thos. D. Messier, Pittsburgh, Pa.; Albert S. Berry. Newport. Ky.: C. H. Kilgour, W. A. Good-
man, Ralph Peters, Cincinnati, O.: T. B. Youtsey, Chas. J. Helm, Newport, Ky. THOMAS D. MBSSLER, /'
dent, Pittsburgh, Pa.; Albert S. Berry. Vlce-PretidenL Newport, Ky.: T. H. B. McKnight, Trti.i»urer ; S. B.
Liggett, Secretary, Pittsburgh, Pa. GENERAL OFFICE, Pittsburgh, Pa.

Board of Directors, Little Miami RR. Co., elected January 26, 1892.
TittJan., 1893. Till Jan., 1894. Till Jan. .IS^i.

Henry Hanna Cincinnati, O. James N. Gamble. .. Cincinnati, O. ' B. S. Cunningham Cincinnati. O.

Frank J.Jones " " j William Worthington. " " I Thos. J. Emery

John Mitchell " " ; A. S. Frazier. .. ...Xenia, O. . L. B. Harrison

Charles P. Taft •• » j Thos. D. Messier. ...Pittsburgh, Pa. \ Chas. Krnse

FRANK J. JONES, President Cincinnati, O.

B. S. Cunningham, Vice- President " "

Henry C. Urner, Secretary and Treasurer "

Win. Worthington, Gen. Counsel "

PRINCIPAL OFFICE AND ADDRESS First National Bank Building, Cincinnati, O.

886 POOR'S MANUAL OF RAILROADS.

MASSILLON AND CLEVELAND RAILROAD COMPANY."

Line of Road. — Massillon Junction, O., to Chippewa, 0 . . .12.23 miles.

Sidings and other tracks, 1.41 miles. Gauge, 4 ft. 9 in. Rail (iron), 56 Ibs.

History.— Organized October 3, 1868, and leased for 99 years from November 4, 1869, to
Cleveland, Mt. Vernon and Delaware RR. Co., and now operated by the Pennsylvania Co.
Rental, 40 per cent, of gross earnings, a minimum being fixed at $20,000 a year.

Rolling- Stock.— Furnished by operating company.

Operations for year ending December 31, 1891. — Train mileage, 4,082 miles. Passen-
gers carried, 3,074 ; carried one mile, 22,952 ; average mile rate, 1.85 cents. Tons of freight
moved, 48,418 ; moved one mile, 156,880 ; average ton-mile rate, 6.48 cents. Gross earnings
—passenger, $425.33 ; freight, $10,167.24— total, $10,592.57. Operating expenses— trans-
portation, $1,961.76 ; motive power and cars, $714.03 ; maintenance of way, etc., $7,004.21 ;
general, $775.49— total, $10,455.49. Net earnings, $137.08.

Lessor's Income Account year ending December 31, 1891. — Receipts: Rental, $20,000.
Payments: Interest on bonds, $2,143.84 ; dividends (February, May, August, and November,
1891, each H per cent., making total number paid to date 52), $12,000; general expenses,
$678.85— total, $14,822.69. Balance, surplus, $5,177.31. Surplus fiom 1890, $91,057.76—
total surplus, $96,835.07.

Financial Statement, December 31, 1891.— Capital stock (par, $50), $200,000; funded
debt (1st mortgage 5 per cent. 30-year registered $500 extended bonds, dated January 1, 1890,
interest January and July), $42,000 ; interest on bonds, $1,093.84 ; profit and loss, $96,835.-
07— total, $339,928.91. ' Contra : Cost of road, $328,399.36; lessee, $1,666.66.; Winslow,
Lanier & Co., cash to pay interest, $1,050; cash, $8,812.89— total, $339,928.91.

Dividends payable at office of company ; interest at office of Winslow, Lanier & Co., New
York. Annual meeting first Tuesday in February, at Massillon, O. ; books close 15 days
previously, also 15 days previous to payment of dividends.

Directors (elected February 3, 1891).— Charles W. Cass, New York, N. Y. ; John J.
Haley, W. F. Robb, Pittsburgh, Pa.; John Sherman, Mansfield, O. ; P. G. Albright, Mas-
sillon, 0.

CHARLES VV. CASS, President New York, N. Y.

John J. Haley, Secretary and Treasurer Pittsburgh, Pa.

OPERATING OFFICE Massillon, O.

Principal and Transfer Office Penn Avenue and Tenth Street, Pittsburgh, Pa.

MUSKEGON, GRAND RAPIDS AND INDIANA RAILROAD COMPANY.

Line of Road, — Grand Rapids, Mich., to Muskegon, Mich 36.85 miles.

Sidings, 9.12 miles. Gauge, 4 ft. 9 in. Rail (steel, 38.99 miles), 56 and 60 Ibs.

History. — Organized under the general railroad laws of Michigan, February 26, 1886 ;
road opened December 1, 1886. Leased for 99 years to the Grand Rapids and Indiana RR.
Co., which supplies rolling stock (except 1 locomotive and 3 passenger cars owned) ; rental,
net earnings, with a minimum guarantee of interest on 1st mortgage bonds.

Operations for year ending December 31, 1891. — Train mileage — passenger, 75,438:
freight, 25,812 ; other, 5,830 — total, 107,080 miles. Passengers carried, 85,843 ; carried one
mile, 2,446,998 ; average mile rate, 2.47 cents. Tons freight moved, 178,986 ; moved one
mile, 6,326,999 ; average ton-mile rate, 1.70 cents. Earnings — passenger, $60,342.56; freight,
$107,798.35 ; mail, $3,029.50 ; express, $2,520 ; other, $7,016.19— total, $180,706.60. Oper-
ating expenses — transportation, $41,231.08; motive power, $36,788.68; maintenance of cars.
$4,158.62; maintenance of way, $24,374.84; general, $11,602.74— total, $118,155.96. Net
earnings, $62,550.64. Payments: Interest on bonds, $37,500; rental of terminal facilities,
$4,544.72 ; expenditures for betterments, $2,049.19— total, $44,093.91. Balance, surplus,
$18.456.73. Deficit forward, $2,344,64— net surplus, $16,112.09.

Financial Statement, December 31, 1891.— Capital stock (par, $100), $1,000 ; funded

POOR'S MANUAL OF RAILROADS. 887

debt, $750,000 ; current accounts, $40.75 ; coupons due January 1, 1892, $18,825 ; profit and
loss. $16,112.09— total, $785,977.84. Contra: Cost of road, equipment, etc., $746,978.21;
current accounts, $19,174.63 ; cash on hand, $19,825— total, $785,977.84.

Funded debt consists of first mortgage 5 per cent. 40-year $1,000 coupon bonds, due July
1, 1926, interest payable January and July, issued by Grand Rapids and Indiana RR. Co.,
and secured by first lien on this company's road and property. Trustee, Central Trust Co.,
New York. Interest payable at the office of Winslow, Lanier & Co., New York. Capital
stock authorized, $350,000 ; par, $100 per share. Registrar of stock, J. H. P. Hughart,
Grand Rapids, Mich.

Directors.— W. O. Hughart, W. R. Shelby, T. J. O'Brien, J. H. P. Hughart, Grand
Kupids. Mich.; L. X. Keating, N. McGraft, Muskegon, Mich.

W. O. HUGHART, President Grand Rapids, Mich.

X. McGrafr. Vice-President Muskegon, Mich.

Secretary— J. H. P. Hughart Grand Rapids. Mich. | Treasurer— W. R. Shelby Grand Rapids, Mich.

PRINCIPAL OFFICE AND ADDRESS Grand Rapids, Mich.

NEW CASTLE AND BEAVER VALLEY RAILROAD COMPANY.

Line of Road.— New Castle, Pa., to Homewood, Pa 14.98 miles.

Sidings and other tracks, 9.64 miles. Gauge, 4 ft. 9 in. Rail (steel, 21.11 miles), 60 Ibs.

History.— Chartered February 6, 1862 ; road opened October 3, 1863. Leased for 99
years to Pennsylvania RR. Co., and transferred to Pennsylvania Co. ; rental, 40 per cent, of
gross earnings.

Rolling: Stock. — Furnished by lessee.

Operations for year ending December 31. 1891. — Train mileage — passenger, 41,047 ,
freight, 139.719; other, 5,104— total. 185,870 miles. Passengers carried, 183,686; carried
one mile, 893,805. Tons freight moved, 1,951,972 ; moved one mile. 9,541,181. Earnings-
passenger, $-36,488.59; freight, $140,311.49 ; mail, $828.24 ^express, $868.01 ; other, $570.13
—total, $109,066.46. Expenses— transportation. £54,131.80; motive power, $31.027.99:
maintenance of cars, $4,595.33 ; maintenance of way, etc., $14,941.25 ; general, $5.073.07 —
total, $109,769.44. Net earnings, $59,297.02.

Lessor's Income Account, year ending June 30, 1891.— Rentals received, $101,780.99 ;
other receipts, $133,233.23— total revenue, $235,014.27. Payments : Dividends on stock,
$224,000 ; other payments, $33,820.60— total, $257,820.60. Deficit, £22,806.33.

During the period January 1, 1865, to June 30, 1891, both inclusive, this company paid
a total of 6 dividends, aggregating 32 per cent.

Financial Statement, December 31, 1891.— Capital stock (par $50i, $700,000; current
accounts, $1,966.49 ; income under lease, $250,215.97— total, $952.182.46. Contra: Cost of
road, $877,059.84; bills receivable, $53,950; other property and assets, $2,594.S8 ; cash on
hand, $18,577.74— total, $952,182.46.

Annual meeting, second Monday in January, at New Castle, Pa. Dividends paid quar-
terly, January, April, July, and October, at New Castle, Pa. Registrar of stock, J. A.
Crawford.

Directors.— Wm. Patterson, L. Raney, J. L. Crawford, New Castle, Pa.; John B. Jack-
son, Pittsburgh, Pa. ; J. M. Clapp, Washington, D. C. ; A. R. Lee. Erie, Pa.

S. W. CUNNINGHAM, President f. Pittsburgh, Pa.

J. A. Crawford, Secretary and Treasurer. . . New Castle, Pa.

PRINCIPAL AND TRANSFER OFFICE AND ADDRESS New Castle, Pa.

OHIO CONNECTING RAILWAY COMPANY.

Line of Road.— P., C., C. & St. L. Ry.,2 m. w. of Birmingham, to P., F.

W. & C. Ry. at Verner Sta., Pa 2.75

Branch : Jc. 0. C. Ry. to P., C., C. & St. L. Ry.. 2.5 m. w. of Biminghara, Pa. 0.52— 3.27 miles.
2d track, 1.31 miles. Gauge, 4 ft. 9 in. Rail (steel), 70 Ibs.

POOR S MANUAL OF RAILROADS.

History. — Chartered November 20, 1886 ; road opened October 20, 1890. Leased to the
P., C., C. & St. L. Ry. Co. for net earnings. No equipment.

Operations for year ending December 31, 1891.— Gross earnings (rents, $229.60; tolls,
$83,513.50). $83,743.10. Operating expenses — transportation, $5,530.42 ; maintenance of
way, etc., $5,385.49; general, $622.99— total, $11,538.90. Net earnings. $72,204.20. Paid
interest on debt $31,951.29; dividends on stock (5 per cent.), $33,000; bridge renewal
fund, $13,113.64— total, $78,064.93. Deficit, $5,860.73. Surplus from previous year, $9,987
—net surplus, $4,126.27.

Financial Statement, December 31, 1891.— Capital stock (par, $50). $660,000; obligation
convertible into bonus, $660,000 ; bridge renewal fund, $13,113.64; profit and loss, $4,126.27
—total, $1,337,239.91. Contra: Cost of road, real estate, etc., $1,311,363.79; current ac-
counts, $10,8-16.50 ; cash on hand, $15,069.62— total, $1,337,239.91.

Annual meeting, first Tuesday in February, at Pittsburgh, Pa. Books close ten days
before annual meeting, and same period before dividend payments. Interest and dividends
payable at the company's office, Pittsburgh, Pa. Registrar of stock, S. B. Liggett, Secretary.

Directors (elected February 2, 1892).— Thomas D. Messier, John E. Davidson, J. J.
Brooks, James McCrea, John W. Renner, Win. Mullins, A. McElevey, Pittsburgh, Pa.

THOMAS D. MESSLER, President Pittsburgh, Pa.

7'r«;*'irer—T. H. B. McKnight Pittsburgh, Pa. 1 Secretary— $. B. Liggett Pittsburgh. Pa.

PRINCIPAL OFFICE AND ADDRESS Pittsburgh, Pa.

PITTSBURGH, CINCINNATI, CHICAGO AND ST. LOUIS RY. CO. •

f Birmingham, Pa., to Indianapolis. Ind 376.53 miles.

| Bradford Junct,, O., to Chicago, 111 230.98 miles,

Main Lines of Road: •{ Logansport, Ind., to State Line, Ind 60.19 miles.

| Indianapolis, Ind., to Louisville, Ky 108.40 miles.

L Rendcomb .lunct., O., to Auoka Junct., Ind 166.01 miles.

Rend's Mines Branch : Bridgeville, Pa., to Rend's Mines, Pa 7.81

New Cumberland Branch : New Cumberland Junct., W. Va. , to New

Cumberland, W. Va 10.37

Cadiz Branch : Cadiz Junction, O., to Cadiz, 0 7.85

Madison Branch : Columbus, Ind., to Madison, Ind 44.90

Cambridge City Branch : Columbus, Ind., to Cambridge City, Ind, . . . 63.04

New Albany Branch: Jeffersonville, Ind., to New Albany, Ind 6.01 — 139.98 miles.

Total length of lines owned, December 31, 1891 1,082.09 miles.

Trackage (details given in' paragraph below). 60.00 miles.

Total length of lines operated December 31, 1891, on which earnings and
expenses are based 1,142.09 miles.

RAILKOADS LEASED BUT WHOSE OPERATIONS ARE REPORTED SEPARATELY :
( Steubenmlle Ext. P. RR. : Pittsb., Pa., to Birm'gham, Pa. 1.23

I Chartiers Ry. : Mansfield to Washington, Pa 22.76

I Chartiers Connecting Ry. : Con. Ch. Ry. & W. & W. RR. . 0.72
Leased : •{ Pitts., Wheel. & Kent. RR. : Wheel. Jc. to Benw'd, W.Va. 28.04
I Little Miami RR. and branches. (See GENERAL INDEX.). 195. 22
| Ohio Con. Ry. : Con. P.. C.,C.& St.L.Ry. & P., F. W.& C.Ry. 3.27
L Englewood Connecting Ry. : 59th Street, Chicago, 111 2.35— 253.59 miles.

Total length of all lines ownecTand leased, December 31, 1891 1,395.68 miles.

2d track owned, 120.92 ; sidings owned, 387.15 miles. Gauge, 4 ft. 9 in. Rail (steel, 1,376.21
miles), 60 and 70 Ibs.

Trackage given in above statement consists of : Lake Erie and Western RH., between
Indianapolis and Kokomo, Ind., 55; Union Depot tracks at Columbus, 0., 0.25; Union
Depot tracks at Indianapolis, Ind., 0.77 ; Cincinnati, Hamilton and Dayton RR., between
Hamilton and New River Junction, O., 1.53 ; Louisville Bridge, from Jeffersonville, Ind., to
Louisville, Ky., 2.45 — total, 60 miles.

History.— Consolidation, October 1, 1890, of the Pittsburgh, Cincinnati and St. Louis Ry.,

POOR'S MANUAL — PITTSBURGH, CINCINNATI, CHICAGO & ST. LOUIS RY. CO. 889

the Chicago, St. Louis and Pittsburgh, the Cincinnati and Richmond, and the Jeffersonville,
Madison and Indianapolis RR. Cos. For history of these constituent companies see MANUAL
for 1890. For terms of consolidation, see MANUAL for 1890, page 1,103. Controlled by the
Pennsylvania Co. through ownership of stock.

Rolling Stock, December 31, 1891. — Locomotive engines, 399. Cars— passenger, 190 ;
baggage, mail, and express, 102 ; freight (box, 6,898; platform, 783 ; stock, 1.673 ; coal, 626 ;
caboose, 267), 10,247 ; other car?, 36— total cars, 10,575. Of this equipment, 2,750 box, 850
stock, and 326 coal cars have been acquired through car trust.

Operations for year ending December 31, 1891.— Train mileage— passenger, 4,369.017 ;
freight, 9,477,235 ; mixed and other, 338,654— total, 14,183,906 miles. Passengers carried,
5,768.723 ; carried one mile, 146,119,030 ; average mile rate, 2.39 cents. Tons freight moved,
9,951,000 ; moved one mile, 1,452,867,394 ; average ton-mile rate, 0.70 cent.

Earn ings.— Passenger $3,506.318 35 i Expenses.— Transportation $4,274.958 41

Freight 10.232,2-3380, Motive Power 3,080,122 6S

Mail 621,84443 Maintenance of Cars 1,310,73759

Express 317,41804 Maintenance Way 1,613,69535

Miscellaneous 217,72651 General 660,29450

Total ($13.045.37 per mile) L $14,895,591 13 ! Total ($9,580.94 per mile) $10,939.808 53

Net earnings (26.56 per cent.), $3,955,782.60. Add other receipts : Interest, $6,163.63 ;
f-ths profit in operating St. L., V. & T. H. RR., $46,348.98— total income, $4,008,29521.
Payments : Interest on bonds, $2,358,025 ; loss in operating L. M. RR., $373,304.43 ; rentals
of tracks, etc. (Steubenville Extension, $61,931.56 ; L. E. & TV. RR., $24,000; L. M. RR.,
$17,000; C. H. & D. RR , $4,996.20), $107,927.76 ; dividends on stock (April, 1891, 1 per
cent.; October, 1891, 2 per cent.), $669,574; dividends and interest on L. M. securities,
$79,444; car trust payments, $144,826.27; advanced C., R. & F. W. RR. Co., $7,735.89;
paid in settlement of sundry accounts, $114,844.13— total, $3,855,681.48. Surplus, $132,-
613.73. Surplus forward. $487,226.76— total, $639,840.49.

General Balance Sheet, December 31, 1891.

Cost of Road, Equipment, etc $85,374.608 80 \ Common Stock Paid in (par, $100) $21,381,013 79

Stocks and Bonds Owned 170,798,75 Preferred Stock Paid in (par, $100) 22,505,345 44

Materials and Fuel or Hand . .. 935,327 59 j Funded Debt Outstanding 41,836,000 00

Other Property and Assets 815,801 86

Current Accounts 2,421,308 97

Cash on Hand 460,66907

Current Accounts 2,757,013 14

Other Liabilities 1,059,302 18

Profit and Loss 639,84049

Total Assets $90,178,515 04 Total Liabilities $90,178,515 04

Statement of funded debt, December 31, 1891 :

DESCRIPTION.

Date of
Issue.

Date of
Maturity.

INTEREST.

Denomination.

Amount
Author-
ized.

Amount
Out-
standing.

o

1

When
Payable.

P.,C.,C.&St.L.Ry.Consol.
Mtge. Series "A* ..
P.C.& St. L.Ry. iCons. Mtg.
Steub. & Ind. RR. 1st Mtge.
Holliday's Cove RR
C.,St.L. &P.RR. Cons.Mtg.
U L RR 1st Mt^e

Oct. 1, 1890
Aug. 1, 1868
Jan. 1, 1884
Feb. 2, 1818
Mar.31,lS83
Dec. 1, 1865
Nov.10, 18«3
Apl. 1, 1865
Nov. 1, 1864
Nov. 1, 1864
May 1, 1866
Mar. 1, 1869
Oct. 1, 18t!»5
July 1, 1870

p.c.

Oct. 1940 4*
Aug. 1900 7"
Jan. 1914 5
Feb. 1893 (i
Oct. 1932 5
Dec. 1905 7
Oct. 1893; 7
Apl. T 1895 7
Nov. 1904 7
Nov. 1904 7
July 1895 7
Jan. 18S9 7
Oct. 190f) 7
July 1910 7

Apl. & Oct.
Feb . & Aug.
Jan. & July
Feb. & Aug.
Apl. &Oct.
Apl. & Oct.
Apl. & Oct.
Apl. & Oct.
Jan. & July
May & Nov.
Jan. & July
Jan. & July
Apl. & Oct.
Jan. & July

$1,000 coupon
$1,000 coup. &reg..
$1,000 registered ...
$1,000 coupon
$1,000 coup. Areg..
$1 000 coupon

10,000,000
10,000,000
3,000,000
300,000
22,000,000

8

6,818,(KiO
6,863,000
3,000,000
120,000
15,131,000
715,000
107,000
116,000
2,631,000
780,000
552.UX)
65,000
2.943:OOU
1,995,000

C. & G. E. RR. 1st Mtge. (oid)
C. & G. E. 1st Mtge. (last). .
C. <fcl. C. Ry. 1st Mtge...
C. &I. C. Ry. SdMtge
C. It. &C. RR. 1st Mtge..
C. II. & C. RR. SdMtge... .
J.,M. & I. RR. 1st Mtge. .
J., M. &I. RR. 2dMtge. . .

$1 000 coupon

$1,000 coupon .

$1.000 coupon

$1,000 coupon
$1,000 coupon

$1,000 coupon
Jl, 000 coupon..

3,000,000
2,000,000

The consolidated mortgage bonds (Series " A ") are secured by mortgage on " tbe com-
pany's entire railway and estates, personal and mixed, acquired or to be acquired, also all
franchises, including the francliise to be a corporation.'' Authorized issue, $75,000,000,

890 POOR'S MANUAL — PITTSBURGH, CINCINNATI, CHICAGO & ST. LOUIS RY. CO.

which may be issued in different series at different dates, designated by the different letters
of the alphabet from time to time as the directors may determine, and the different series
may bear different rates of interest. The authorized amount of this series ("A") is $10,-
000,000. Nos. 1 to 10,000 inclusive, of which $6,818,000 are outstanding, are dated October
1, 1890, and run 50 years, to October, 1940. Principal and interest payable at the agency of
the company in New York City. A sinking fund of 1 per cent, per annum on the bonds out-
standing is provided for the retirement of these bonds after October 1, 1895. Bonds are
coupon, with privilege of registration at the company's New York agency. Trustees, Far-
mers' Loan and Trust Co., New York, and William N. Jackson, Indianapolis, Ind. Listed
on the New York Stock Exchange.

The P., C. & St. L. Ry. consols are secured on the main line from Birmingham, Pa., to
Newark, O., and undivided one-half of line from Newark to Columbus, 0., about 213 milec.
They are $1,000 each, coupon and registered, interest payable at the office of the Penn. RR.
Co., Philadelphia, Pa.

The Steubenville and Indiana UK. bonds are secured on the line from Steubenville to
Newark, 0., 116 miles. Interest payable at the National City Bank, New York, N. Y.

The Holliday's Cove RR. bonds are secured on the Steubenville bridge and approaches
thereto, 1 mile. They are $1,000 each coupon. Interest payable at the Penn. RR. Go's
office, Philadelphia, Pa.

The C., St. L. & P. RR. consols are secured by mortgage on 580.52 miles of railroad, as
follows : Columbus, O., to Indianapolis, Ind., 187.13 ; Bradford Junction, O., to Chicago,
111., 230.98; Richmond, Ind., to Anoka Junction, Ind., 102.22 ; and Logansport, Ind., to Illi-
nois State Line, 60.19— total, 580.52 miles. Authorized issue, $22,000,000. Bonds are $1,000
each, coupon, but may be exchanged for registered bonds of like denomination. Trustees,
Conrad Baker, Indianapolis, Ind., and Union Trust Co., New York, N. Y. Interest payable
at the office of the Union Trust Co., New York, N. Y. Listed on the New York Stock Ex-
change.

The Union and Logansport RR. bonds are secured on the road from Union City to Lo-
gansport, 93 miles. They are $1,000 each, coupon. Interest payable at the office of the
Union Trust Co., New York, N. Y.

The Chicago and Great Eastern RR. bonds are secured on the line from Chicago, 111., to
Logansport, Ind., 117 miles. Interest payable at the office of the Union Trust Co., New
York, N. Y.

The Columbus and Indianapolis Central RR. Ists are secured on the main line from
Columbus to Indianapolis and branch, 187 miles ; the 2ds on 208 miles. Interest on both
issues payable at the office of the Union Trust Co., New York, N. Y.

The Cincinnati, Richmond and Chicago RR. Ists are secured on the line from Hamilton,
0., to Indiana State Line, 37 miles. They are $1,000 each, coupon. Interest payable at the
Union Trust Co's office, New York, N. Y. The 2ds matured January 1, 1889, but are still
outstanding,

The Jefferson, Madison & Ind. RR. bonds are secured on 204.13 miles of road, as follows :
Louisville, Ky., to Indianapolis, Ind., 108.40 miles; Columbus to Madison, Ind., 44.90;
Columbus to Shelbyville, Ind., 23.86; New Albany to Jeffersonville, Ind., 6.01 ; and Shelby-
ville to Cambridge City, Ind., 18.33— total, 201.50 miles. A sinking fund of $15,000 is pro-
vided for the redemption of the Ists, which can be drawn at 110. Interest on both issues
payable at the office of the Farmers1 Loan and Trust Co., New York, N. Y.

The preferred stock is entitled to dividends of 4 per cent, (if earned and declared) before
any dividend is declared on common stock. After dividend of 3 per cent, on common, 1 per
cent, additional is to be paid on preferred, and then 2 per cent, on common stock. After
payment of 5 per cent, as above, dividends are paid in equal percentages on common and
preferred.

A dividend of 1 per cent, was paid on preferred stock in April, 1891, out of earnings
for three months ended December 31, 1890, and one of 2 per cent, in October, 1891, out of
earnings for six months ended June 30, 1891. Dividends payable at the company's office,

POOR'S MANUAL OF RAILROADS. 891

Pittsburgh, Pa. Common stock authorized, $45,000,000 ; preferred stock authorized,
$30,000,000.

Annual meeting, second Tuesday in April, at Pittsburgh, Pa. Books close thirty days
before annual meeting, and same period in advance of dividend payments. Trustee of bonds?
Farmers' Loan and Trust Co., New York, and W. N. Jackson, Indianapolis, Ind. Registrar
of stock, National Bank of Commerce, New York, N. Y. Listed on the New York Exchange :
$24,000,000 preferred and $21,000,000 common stock, and $10,000,000 consolidated mortgage
series '• A " bonds.

Directors (elected April 14, 1891).— George B. Roberts, Frank Thomson, J. N. Du Barry,
W. A. Patton, W. H. Barnes, John P. Green, Philadelphia, Pa. ; Thomas D. Messier, James
McCrea, J. T. Brooks, John E. Davidson, Pittsburgh, Pa.; George Willard, Chicago, 111.;
B. S. Cunningham, Cincinnati, 0.

GEORGE B. ROBERTS, President Philadelphia, Pa.

James McCrea, First Vice-President. Pittsburgh, Pa.

J. T. Brooks, Second Vice- President Pittsburgh, Pa.

3d Vice-Pres.—Tho*. D. Messier Pittsburgh, Pa. I Secretary— §. B. Liggett .Pittsburgh, Pa.

Treafurer—T. H. B. McKnight " li | Comptroller— John W. Rentier

PRINCIPAL OFFICE AND ADDRESS Penn Ave. & 10th St., Pittsburgh, Pa.

PITTSBURGH, FORT WAYNE AND CHICAGO RAILWAY COMPANY.

Main Line of Road.— Pittsburgh, Pa., to Chicago, 111 468.32 miles.

Cummings Branch : South Chicago to Cummings, 111 1.57 miles.

T , j New Castle & Beaver Valley R R.: Homeward to New Castle.Pa. 14.98

' \Ma8sillon and Cleveland RR.: Massillon Jet. to Chippewa, 0. 12.23— 27.21 miles.

Total length of line operated December 81. 1891 497.10 miles.

2d track, 117.63 ; sidings (owned, 301.11 ; leased. 11.05), 312.16 miles. Gauge, 4 ft. 9 in.
Rail (steel, 848.15 ; leased, 21.11), 869.26 miles, 60 to 85 Ibs.

History. — Consolidation of the Ohio and Pennsylvania RR. Co. (chartered in Ohio Feb-
ruary 24, 1848 ; in Pennsylvania April 11, 1848), the Ohio and Indiana RR. Co. (chartered in
Ohio March 20, 1850 ; in Indiana January 15, 1851), and the Fort Wayne and Chicago RR. Co.
(organized in Indiana September 22, 1852 ; in Illinois February 5, 1853). Consolidation com-
pleted August 1, 1856, and the whole line put in operation January 1, 1859. On the 1st July,
1859, the company made default in the payment of interest on its bonds, and its road was sold
under foreclosure October 24, 1861. A reorganization was effected February 26, 1862, under
existing title. On June 7, 1869, its road was leased for 999 years from July 1. 1869, to the
Pennsylvania RR. Co. It is now operated by the Pennsylvania RK. Company. The lessee
assumed all the obligations of the lessors, and agreed to pay dividends quarterly (January,
April, July, and October), on the share capital of the lessors, at the rate of 7 per cent.,
annually.

The New Castle and Beaver Valley and the Massdllon and Cleveland RRs. are leased to
this company and operated by the Pennsylvania RR. Co. at rentals equivalent to 40 per cent,
of gross earnings of the respective lines. Operations of these roads are separately reported.

Rolling Stock, December 31, 1891.— Locomotive engines (owned, 308; leased, 4), 312.
Cars— passenger, 172 ; baggage, mail, and express, 69 ; freight (box, 4,628 ; stock, 2,242 ;
platform and coal, 2,885), 9,755 ; caboose, 162 ; other, 12— total cars, 10,176. Of the 308
locomotives, 52 perform service partly on other Pennsylvania Co.'s lines.

Operations for year ending December 31, 1891. — See tabulated statement below.
Earnings.— Passenger $3,033,557 97

Freight 7.919,350 73

Mail 235,888 52

Express 286,617 42

Miscellaneous 233,729 18

Total ($24,812.49 per mile) $11,659.143.32

Expenses.— Transportation $3,147,743 04

Motive Power 1.993,085 01

Maintenance of Cars 925,878 30

Maintenance Way & Buildings 912,258 66
General 501,618 61

Total ($15,919.86 per mile) $7,480,583 62

Net earnings (35.84 per cent,), $4,178,560.20. Rental, etc., paid, $3,232,422.17. Profit

892 POOR'S MANUAL — PITTSBURGH, FORT WAYNE AND CHICAGO RY. co.

to lessee, $946,138.03, out of which there was contributed to sinking fund, $104,100.00 ; net
profit, $842,038.03.

Statement of operations, etc., for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Miles of Railroad

468.39

469.89

469.89

469.89

469.89

469.89

469.89

469.89

Miles of Track..

780.98

790.15

790.68

815.25

825.93

861.38

868.99

888.63

Miles Steel Rails

661.80

674.70

684.70

593.71

597.79

571.30

826.13

848.15

Locomotive Eng

288

288

288

298

298

298

308

308

Passenger Cars .

152

152

152

152

152

152

172

172

Bas^M^etc^O'w

64

64

64

64

64

64

69

69

Freight, etc., Cars

8,078

8,078

10,772

8,317

12,617

14,157

10,183

9,929

Pass. Train Miles.

2,187,673 2.311,707 2,159,926

2,465,424

2,693,390 2,631.381

2,767,614

2,947,096

Freight Train M.

6,558,414! 6,900,454

6,620,236

6,690,855

6,078,749 6.170.242

7,211.013

6,572,799

Passeng'rs Carri'd

3,271,8(54 3,225.650

3,422,178

3,749,756

4,042.920 4,316,830

4,766,768

4.839.245

Passenger Miles .
Fgt. (tons) Moved

110,639.940 134,613,104 104,370,187
4,698,588 4,711,888; 5,413,597

119.687,713
6,315,075

128,680.243 124,176,130
6,210,816 7,113,671

128,631,26(5

7.942,888

135.897,210
7,348,033

Fgt. (ton) Miles..

907,951,237 953,564,515 903,083,277 1,106,793,086|1,004,657,034 1,087,100,503 1,225,877,562

1,121,703,831

Gross Earnings *.

9,204,314

8,252,076

1 $

9,131,953 11,281,214

9.967,498

$
10,880,515

12,034,082

11,659,114

Oper'g Expensest

6,296,849

5,839.914

6,048,941 7,637,711 7,254,746

6,978,854

7,959,834

7,480,584

Available Rev'u'e

2,907,465

2.412.162

3,083,012' 3,643,503

2,712,752

3.901,661

4,074,248

4,178.560

Int.&Sk.Fd) 2 (

1,019,800

979,800: 979,800, 972,800 972^00 972,800

972.800

972,800

Dv.bothSks '- ~ 4

1,968,000

2,094.122

2,134,376 2,156,821 2,167,108 2,227.742

2,246,350

2,332,532

Other Disb. \ £ (

40,593

30,948

19.000 30,663 19,000 30,791

31,003

31,190

Bal., Cred. Lessee

d. 188,634

d. 692,7086?. 50,164

483,219 ,L 440,135

670,328

824,095

842,038

Gross Earns, p. M.

19,568 74

17,551 16

19,434 23 1 24,00727 20,01488

23,195 46

25,582 44

24,812 49

Gross Exp. p. M..

12,895 88

12,843 19

12,87399 16,25390 14,34190 14.90253

1(5,939 78

15,919 86

Net Earns, p. M..

6,672 86

4,707 97

6,5(5024 7,75337 5.67298 8,29293

8,642 66

8,892 63

Exp. to Earnings.

65.85 p. c.

68. 60 p. c.

64. 14 p. c. 67.70 p. c.

71 .66 p. c. 64.25 p. c.

66.22 p. c.

64.16 p. C.

Av.R.p.Pass. p.M.

2.23 c.

1.56 c.

2.13 c. 2.25 c.

2.10C.

2 18 c.

2.25c.

2.23 c.

Av.R.p. Ton p.M.

0.67 c.

0.58 c.

0.69 c.

0.71 c.

0.66 c.

0.69c.

0.69c.

0.70C.

S

S

S

$

S

$

$

$

Common Stock . .

19,714,28(5

19,714,286

19.714,286 19,714,286

19,714,236 19,714.286

19,714,286

19,714,286

Guar. Special St'k

8,400,000; 10,77(5,800

10,950,500 11,244,400 12,022.000 12,376,500

12,376,500

14.374.289

Funded Debt

12,510,000, 12,510,000

12,510,000! 12,410,0001 12.410.000 12,410,000

12,410,000

12,410,000

Current Accts., etc.

2,980,036! 1,646,234

1,653,652 1,767,312 1,681.394 1,790,289

1,800,679

1,876.452

Profit and Loss . .

4,004,480

4,355,616

4,720,910

5,199,104

5,597,154

6,005,963

6,438,561

6,833,140

Total

47,608,802

49,002,937

49,549,348 50,335,102 51,524,834 52,297,038

52,740,038

55,208,167

Const. & Equip. .

42,065.237! 42;065,221

42.238.999 42,532,913! 43.310.457 43.664,921

43,664.933

45,668,7(53

S.F.,lst&2dM.B.

4,001,051 4.163.967

4,285,572 4,460,812 4.751.371 . 4.927,501

5,148,527

5,476,831

TrusteesSinkg.Fd

386,850

581,938

823,7(58

1,029,853

1,135,649 1,369.986

1,582,543

1,707,297

Sundry Assets . . .

1,155,664

2,191,811

2,201,009

2,311,524

2,327,357 3.334^630

2,344,034

2,355.576

Total

47,608,802

49,002,937

49,549,348

50,335,102

51,524,834 52,297,038

52,740,0:38

55,208,167

* Includes net profits made on leased lines, and t ioint earnings paid over to C. & P. KR. Co., also amount
paid in settlement of sundry freight accounts.

Lessor's Income Account, year ending December 31, 1891. — Rental under terms of lease,
13,324,332. Payments: Interest on bonds, $868,700; sinking fund, $104,100 ; dividends
on stock (January, April, July, and October, If per cent, each), $2,332,532 : other payments
(organization and other expenses), $19,000— total, $3,324,332.

General Balance SJteet, December 31, 1891.
Construction and Equipment $45,668.763 30 Capital Stock, Common. .§19.714,285 71

468,724 84
5.476,831 03
1,707,296 83

707.331 01

Supplies

Sinking Fund 1st and 2d Mortgage Bonds

Trustees of Sinking Funds

Cash to Pay Dividends and Interest

Cash Account

Penn. RR. Co., Exp. Proposed Bond Issue
Penn. RR. Co., Equip. Bds.Unsurrendered

3.124 39
1.100.000 00

Total Assets. . ...$55,208,16737

Guaranteed Special 14,374,288 91— $34,088.974 62

Funded Debt 12,410.000 00

Dividends Due and Accrued 627,2iiO 75

Interest 143.138 41

t'usurrendered Bonds 1.100,000 00

Penn. RR. Co., Bal. Due on Betterments . 6,053 24

Profit and Loss . . . (i,833,140 35

Total Liabilities

$55,208.167 37

Funded deaf, $5,250,000 1st mortgage 7 per cent. 50-year bonds in six series of $875,000
each (interest, Series A. January and July ; B, February and August ; C, March and Septem-
ber ; D, April and October; E, May and November ; F, June and December) ; $5,160,000 2d
mortgage ditto, in se ies of $8(50,000 each (interest, Series G, January and July ; Series H,
1. K, L, M. same as B, C, etc.) ; $2,000,000 3d mortgage 7 per cent. 50-year bonds, dated
March 1, 1862, interest April and October. Trustees. Charles Lanier and J. N. Hutchinson.

POOB'8 MANUAL OF RAILBOADS. 893

The gnaranteed special stock was issued to the leisee under the terms of the lease, which
provides that for betterments made by lessee (with approval of lessor) as required by id-
creased business, payments should be made in issues of stock or bonds, such issues to be
agreed upon by both parties. Tbe total amount of expenditures for improvements and addi-
tU>ns to December 31, 1891, was $14,380,342.15; guaranteed special stock issued to same date,
$14,374,288.91 ; balance, $6.053 24.

Annual meeting, first Wednesday in May, at Pittsburgh, Pa.; books close twenty-two
days previously, and eame period in advance of dividend payments. Voting power attaches
to stock after sixty days' ownership. Interest and dividends payable at office of Window,
Lanier & Co., 17 Nassau Street, New York City. Trustees of bonds, Charles Lanier. New
Tork, N. Y., and John N. Hutchinson, Philadelphia. Pa.

Board of Directors, elected May 18, 1892.

Tenn expire? in 1893. ' Term expires in 1894. Term ej-pirts in 1895. i Term expires in 1896.

Jno.S. Kennedy. NewYork j Jno. N. Hutchinson. Phila. Jno. Sherman. Mansfield.O. ; C. Lanier.New Yoik. N. Y.
Chas. E. Speef.Pittsb.,Pa. Win. Hooper.. .Cincin., O. L. B. Harrison .Cincin.. O. ; Henry Amy "
Ed\v. P. Wil- * Ft. Wayne. L. Z. Leiter... Chicago. 111. Geo. B. Roberts.Phila.,Pa. W.C.Egleston "

Hams ~i Ind. . Jas. McCrea.Pitt8bugh, Pa.

CHARLES LANIER. President New York. N. Y.

John J. Haley, Secretary and Treasurer Pittsburgh, Pa.

Officers in charge of operations See PENNSYLVANIA Co.

PRINCIPAL OFFICE AND ADDRESS Perm Ave. and Tenth St., Pittsburgh, Pa.

Fiscal and Transfer Agents. . . Wiuslow, Lanier & Co., 17 Nassau Street, New York.

PITTSBURGH, WHEELING AND KENTUCKY RAILROAD COMPANY.

Line of Road. — Wheeling Junction, W. Va., to Brnwood, W. Va 28.04 miles.

Siding.*, etc., 9.06 miles. Gauge, 4 ft. 9 in. Rail (steel, 29.84 miles), 60 and 70 Ibs.

History.— Chartered July 15. 1868. Road opened to Wheeling, February 25, 1878 ; to
Benwood in 1883. Leased for uet earnings since date of opening, to Pittsburgh, Cincinnati
and St. Louis Ry. Co. (now P., C., C. & St. L. Ry. Co.). All equipment furnished by P., C.,
C, & St. L. Ry. 'Co.

Operations for year ending December 31, 1891. — Train mileage — passenger, 65.541 ;
freight. 141,637 ; mixed and other. 7,631— total, 214,809 miles. Passengers carried, 138,842 ;
carried one mile, 2 281,203 ; average mile rate. 2.75 cents. Tons freight moved, 622,481 ;
moved one mile, 13,684,028; average ton-mile rate, 1.21 cent*.

Earnings.— Passenger $62.788 05 Expense*.— Transportation $64.578 65

Freight 166,136 94 Motive Power and Cars 38,756 31

Mail and Express 6,185 26 Maintenance Way and Buildings. 57.381 33

Miscellaneous 8.08822 General 7.72067

Total ($S.671. 48 per mile) $243,14847 Total ($6,005.24 per mile) $168.386 96

Net earnings (30.75 per cent.), $74,761.51. Add interest and dividends, $2,780.92 — total
income, $77,542.43. Payments : Interest on bonds, $26,480 ; dividends on stock (April and
October, 3 per cent, each), $30,015 ; hire of equipment, $15,558.48 ; general expenses, $550 ;
overcharges, $950.41 ; interest accrued, $2,333.33— total, $7->, 837.22. Balance, surplus, $1,-
655.21 ; surplus forward, $133,398.13— total, $135,053.34.

General Balance, Sheet, December 31, 1891.

Cost of Road, etc $889.721 S3 ; Common Stock Paid in $500.780 34

Sinking Funds 51.934 17 Funded Debt Outstanding 408.000 00

Current Accounts 39.177 5o Other Liabilities 15,754 57

Cash on Hand 78.754 70 Profit and Loss 135,053 34

Total Assets §1,05^5-- Total Liabilities .$1,059,588 25

Furtded debt consists of $200,000 first morgage 7 per cent. 30-year registered $1,000
bonds, due November 1, 1907, interest payable May and November; $208,000 consolidated
mortgage 6 per cent. 50-year registered $500 and $1,000 bonds, due January 1, 1934, interest
payable January and July — total, $408,000, of which $41,500 bonds are in sinking fund.

The amount of bonds authorized to be issued under the consolidated mortgage is $500,000.

894 POOR'S MANUAL OF RAILROADS.

The amount outstanding was issued chiefly in payment of sundry liabilities referred to in
the MA.NDAL for 1884. Of the amount unissued, $200,000 are reserved U> take up the present
first mortgage bonds, and the remainder will be applied to meeting the requirements of the
company.

Annual meeting, fourth Thursday in March, at Wheeling, W. Va. : books close ten days
previously. Books close for dividends fifteen days in advance of payment of same. Interest
payable at office of Pennsylvania RR. Co., Philadelphia, Pa. Dividends payable April and
October, at treasurer's office. Total number of dividends paid to date, 11. Voting power
attaches to stock after ten days' ownership. Trustees of bonds : First mortgage, Thomas D.
Messier and W. P. Hubbard ; consolidated mortgage, Thomas D. Messier and John McLure.
Registrar of stock, S. B. Liggett, Secretary. On April 6, 1883, the company paid a stock
dividend of 10 per cent., and during 1890 a stock dividend of 15.53 per cent, was paid.

Directors (elected March 26, 1892).— W. P. Hubbard, Joseph Speidel, John McLure, H.
K. List, Wheeling, W. Va.; Thomas D. Messier, Jas. McCrea, Pittsburgh, Pa.

W. P. HUBBARD, President Wheeling, W. Va.

John McLure, Vice-President Wheeling, W. Va.

Secretary— S. B. Liggett Pittsburgh, Pa. | Treasurer— T. H. B. McKnight Pittsburgh, Pa.

PRINCIPAL OFFICE AND ADDRESS Wheeling, W. Va.

Transfer Office * Penn Ave. and 10th St., Pittsburgh, Pa.

PITTSBURGH, YOTJNGSTOWlSr AND ASHTABULA RAILROAD COMPANY.

Main Line of Road.— Kenwood, Pa., to Ashtabula Harbor, 0 ............. 99.00 miles.

D 7 ( Canfield Junction, O., to Foster Coal Mines, 0 ............. 1.29

tirancties : -j Nileg> Q ^ to Alliance junction, 0.' ....................... 24.90— 26.19 miles.

Trackage : P. F. W. & C. Ry, : Alliance Junction to Alliance, O .............. _2.W miles.

Total length of all lines owned and operated December 31, 1891 ........... 127.89 miles.

Sidings, 58.58 miles. Gauge, 4 ft. 9 in. Rail (steel, 157.84 miles), 60 Ibs.

History. — Consolidation, July 22, 1887, of the Ashtabula and Pittsburgh Ry. Co., the
Alliance, Niles and Ashtabula, the Lawrence, and the New Brighton and New Castle RR.
Cos. Road leased to and operated by the Pennsylvania Company for net earnings.

Rolling Stock, December 31, 1891.— Cars— freight (box, 100 ; gondola, 1,300 ; ore dump,
80), 1,480. All other equipment furnished by the Pennsylvania Co.

Operations for year ending December 31, 1891. — Train mileage — passenger, 233,217 ;
freight, 959,314 ; other, 43,401— total, 1,235*932 mile?. Passengers carried, 470,498 ; carried
one mile, 6,959,213; average mile rate, 2.27 cents. Tons freight moved, 3,638,238 ; moved
one mile, 167,329,997 ; average ton-mile rate, 0.65 csnt.
Earnings.— Passenger ................... $158,260 74 | Expenses.— Transportation ................ $275,431 92

Freight 1,109,377 40

Mail ; 7,970 20

Express 8,903 07

Miscellaneous 5,905 12

Total ($10,090.05 per mile) $1,290,416 53

Motive Power 215,16978

Maintenance of Cars 64,131 25

Maintenance Way & Buildings.. 164,801 44

General ... . 49,372 47

Total ($6,012.25 per mile) $7

Net earnings (40.41 per cent.), $521,509.67. Add interest received, $8,680.46— total
revenue, $530,190.13. Payments : Interest on bonds, $189,800 ; dividends (on preferred stock,
March 25 and September 25, 3£ per cent, each ; on common stock, 3 per cent ; on unconverted,
2£ per cent.). $158,950 ; hire of equipment, $45,315.06 ; additions and improvements, $26,-
131 ; interest accrued on bonds, $59,558.33 ; miscellaneous, $864.55— total, $480,618.94.
Balance, surplus, $49,571.19 ; surplus forward, $471,506.87— total surplus, $521,078.06.
General Balance Sheet, December 31, 1891.

id in (par, $50) $3,033,341 58

Cost of Road and Rolling Stock $0,683,186 30

-Cash on Hand. . . 322,270 37

Total Assets $7,005,45f> 67

Capital Stock pa
Funded Debt On

itstanding 3,372,000 00

Current Accounts 12,562 50

Improvement Fund 6,916 20

Accrued Interest on Bonds 59,558 33

Profit and Loss 521,07806

Total Liabilities $7,005,456 67

POOR'S MANUAL OF RAILROADS. 895

Funded debt consisted December 31, 1891, of—

Consolidated mortgage 5 per cent. 40-year §1,000 coupon bonds, due Nov. 1, 1927. int. May and Nov $1,562,000

1st mt"e. (A. & P. Ry.) 6 p. c. 30-year "$1.000 coupon and reg. bonds, due Aug. 1, IftW. int. Feb. and Aug. 1,500,000
1st mortgage (L. RR.") 7 per cent. 30-year §1,000 coupon bonds, due Aug. 1, 1895, interest Feb. and Aug. . 310,000

The consolidated; mortgage bonds are secured on the line from Kenwood, Pa,, to Asbtabula
Harbor, 0., 99 miles, from Alliance Junction, 0., to Niles, 24.9— total, 123.9 miles. Author-
ized issue, $4,000, 000, "of which $1,800,000 are reserved to retire prior liens. A sinking fund
of 1 per cent, of the bonds outstanding is provided annually for the redemption of these bonds,
when they can be purchased at or less than par; if the bonds cannot be purchased at that
price, then the sinking fund lapses and the one per cent, reverts to the treasury. Interest on
bonds payable at the office of the trustee, the Farmers' Loan and Trust Co., New York, X. Y.
Listed on the New York Stock Exchange.

The A. & P. EE. bonds are secured on the line from Youugstown, O., to Ashtabula
Harbor, 0., 62.60 miles. A sufficient amount of consols is reserved to retire these bonds at
maturity. Trustee of bonds, Fidelity Insurance, Trust and Safe Deposit Co., Philadelphia,
Pa., at whose office interest is payable. Listed on the New York Stock Exchange.

The Lawrence RR. bonds are secured on the lines from Lawrence Junction, Pa., to Youngs-
town, Q.. 21.54 miles. They are $1,000 each, coupon ; interest payable at theofficeof Wins-
low, Lanier & Co., New York, N. Y. Trustee, Thomas D. Messier, Pittsburgh, Pa.

The capital stock consists of $1,328,350 common, $1,700,000 preferred, and $4,991.58
common A. & P. Ry. Co. unconverted shares, $50 each ; preferred stock is entitled to 7 per
cent, before any dividend is paid on common.

Annual meetinjr, third Thursday in May, at Youngstown, O. Books close for annual
meeting ten days previously ; for dividends, ten days in advance of payment of same. Regis-
trar of stock, Central Trust Co., New York City. Dividends payable March and September,
at office of Farmers' Loan and Trust Co., New York City.

Directors (elected May 21, 1891). — John N. Hutchinson, Geo. B. Roberts, Philadelphia,
Pa. ; James McCrea, William Thaw, Jr., Win. Mullins, Thomas D. Messier, Pittsburgh, Pa. ;
W. Scott Bonnell, J. G. Butler, Jr., C. B. Wick, Youngstown, O. ; H. L. Morrison, Thaddeus
E. Hoyt, Ashtabula, O.

JOHN N. HUTCHINSON, President Philadelphia, Pa.

Trecuitrer— T. H. B. McKnight Pittsburgh, Pa. | Secref>try—S. B. Liggett Pittsburgh, Pa.

GENERAL OFFICE AND ADDRESS Pittsburgh, Pa.

Transfer Office Farmers' Loan and Trust Co., New York, N. Y.

|

SOUTH CHICAGO AND SOUTHERN RAILROAD COMPANY.

Main Line of Road.— Colehour, 111., to June, with P., C., C. & St. L. Ry.,

near Lansing, 111 9. 32 miles.

Negewisch JBra?ich : Hegewisch, 111., in hid a: a State Line 0.93 mile.

Total length of lines December 31 . 1891 10.25 miles.

Sidings, 2.33 miles. Gauge, 4 ft. 9 in. l;a i (steel), 60 Iba.

History.— Chartered September 13. issi : road opened October 15, 1887. Operated by
the Pennsylvania Co. »

Rolling Stock. — Furnished by the Pennsylvania Co.

Operations for year ending December 31, 1891. — Train mileage — passenger, 29,081 ;
freight, 8,401— total, 37,482 miles. Pu^engers carried, 251,805 ; carried one mile, 1,096,120.
Tons freight moved, 127,674 ; moved one mile, 732,051. Earnings — passenger, $14,091.45 ;
freight, $18,237.36 ; other, $636.27— total, $32,965.08. Operating expenses— transportation,
$10,480.74; motive power and cars, $6,230.08; maintenance of way, etc., $4,650.93; gen-
eral, $3,339.86— total, $24,701.61. Net earnings, $8,263.47. Paid interest on bonds, $6,150.
Balance, surplus, $2,113.47. Deficit forward, $17,714.14— net deficit, $15,600.67.

Financial Statement, December 31. 1891. — Capital stock (authorized, $250,000 ; par,
$100), $127,000; funded debt (5 per cent, registered construction bond, convertible into 1st
mortgage bonds, dated December 31, 1888, interest January and July, $123,000 ; 5 per cent.

896 POOE'S MANUAL OF RAILROADS.

registered construction bond, convertible into 1st mortgage bonds, dated December 31, 1891,
interest January and July, $4,000), $127,000 ; interest on funded debt due and unpaid, $18,-
450— total, $272,450. Contra : Cost of road, $253,880.78 ; current accounts, $2,968.55 ; profit
and loss, $15,600.67— total, $272,450.

Annual meeting, second Wednesday in April, at Chicago, 111. ; books close thirty days
previously, and same period in advance of dividend payments. Voting power attaches to
stock after ten days' ownership. Registrar of stock, S. B. Liggett, Pittsburgh, Pa.

Directors (elected April 8, 1891).— Thomas D. Messier, Pittsburgh, Pa. ; John J. Bennett,
W. W. Chandler, Fred W. Belz, Wm. Borner, George Willard, Chicago, 111. ; C. D. Law, Fort
Wayne, Ind.

THOMAS D. MESSLER, President Pittsburgh, Pa.

Treasurer— T. H. B. McKnight Pittsburgh, Pa. | Secretary— S. B. Liggett Pittsburgh, Pa.

PRINCIPAL OFFICE AND ADDRESS Pittsburgh, Pa.

STATE LINE AND INDIANA CITY RAILWAY COMPANY.

Line of Road. — Illinois State Line to East Chicago, Ind 3.36 miles.

Sidings, etc., 0.13 mile. Gauge 4 ft. 9 in. Rail (steel), 60 Ibs.

History. — Chartered July 25, 1887 ; road opened January, 1888 ; operated by the Penn-
sylvania Company.

Rolling Stock. — Furnished by Pennsylvania Company.

Operations for year ending December 31, 1891. — Train mileage — passenger, 22,117 ;
freight, 2,151 — total, 24,268 miles. Passengers carried, 173,175 ; carried one mile, 408,224.
Tons freight moved, 37,618 ; moved one mile, 106,303. Earnings — passenger, $7,428.34 ;
freight, $2,944.50 ; other, $24 — total, $10,396,84. Operating expenses — transportation, $10,-
206.58; motive power and cars, $3,334.66 ; maintenance of way, etc., $814.85; general,
$1,218.68— total, $15,574.77. Deficit from operations, $5,177.93. Deficit forward, $5,352.33—
total, $10,530.26.

Financial Statement, December 31, 1891.— Capital stock (authorized, $500,000 ; par,
$100), $57,000; Pennsylvania Company, for advances, etc., $10,942.01— total, $67,942.01.
Contra: Cost of road, $57,411.75 ; profit and loss, $10,530.26— total, $67,942.01.

Annual meeting, second Wedue.sday in April, at Hammond, Ind. Books close thirty
days previously, and same time in advance of dividend payments. Stock to be voted must
be owned ten days. Registrar of stock, S. B. Liggett, Pittsburgh, Pa.

Directors (elected April 8, 1891). — Thomas D. Messier, Pittsburgh Pa. ; William Borner,
C. W. Adams, George Willard, Chicago, 111. ; C. D. Law, Fort Wayne, Ind.^

THOMAS D. MESSLER, President Pittsburgh, Pa.

Treasurer— T. H. B. McKnight Pitteburgh. Pa. | Secretary— S. B. Liggett Pittsburgh, Pa.

PRINCIPAL OFFICE AND ADDRESS Pittsburgh, Pa.

TOLEDO, WALHONDING VALLEY AND OHIO RAILROAD COMPANY.

Line of Road.— Toledo Junction, O., to Toledo, 0 79.98

Trackage : P. F. W. & C. Ry. : Toledo Junction, O., to Mansfield, 0 6.50—86.48 mile?.

2d track, 0.67; sidings, 20.61 miles. Gauge, 4 ft. 9 in. Rail (steel. 95.42 miles), 50 and 60 Ibs.

History. — Consolidation, May, 1891, of the Northwestern Ohio and the Walhonding Val-
ley Ry. Cos. (see MANUAL for 1891, page 873). The former company owned the completed
line as above. Extension located from Mansfield to Londonville, 68 miies. The projected
line extends along the Walhouding Valley to Coshocton, and thence by Wills Creek Valley
and Captiua Creek to Powhatan, on the Ohio River, a distance of about 233 miles from
Toledo. Operated by the Pennsylvania Co. — rental, net earnings.

Rolling Stock, December 31, 1891.— Cars— freight (box, 150 ; gondola, 620), 770. Bal-
ance of equipment furnished by the Pennsylvania Co.

Operations for year ending December 31, 1891. — Trains run — passenger, 161,339; freight,
408,933 ; other, 8,848 — total, 579,120 miles. Passengers carried, 151,173 ; carried one mile,

POOR'S MANUAL OF RAILROADS. 897

4,070,759 ; average mile rate, 2.48 cents. Tons of freight moved, 621,05*2 ; moved one mile,

41,309.128 ; average toil-mile rate, 0.76 cent.

Expense*.— Maintenance ofJWay $106,700 52

Maintenance of Cars 17,228 59

Motive Power 97,658 66

Transportation 124,900 25

General 25,751 27

Total ($4,304. 34 per mile) $372,239 29

Ka r n ings.— Passenger $101.128 15

Freight 315,373 86

Mail ... 6.388 41

Express 8.463 82

Miscellaneous ... . 28.886 47

Total ($5,321 . 93 per mile) $460,240 71

Net earnings (19.12 per cent.), $88,001.42. Payments : Hire of equipment, $42,951.05 ;
rent of real estate at Toledo, 0., $6,392.18 ; overcharges, $1,046.52 ; additions aud improve-
ments, $55,845.34— total, $106,235.09. Deficit, $18,233.67 ; surplus forward, $146,217.87—
net surplus, $127.984.20.

Financial Statement, December 31. 1891.— Capital stock (par. $100), $2,500,000 ; funded
debt (1st mortgage 4| per cent. 40-year $1.000 coupon bonds, due July 1, 1931. interest Jan-
uary and July ; authorized, $4,000,000), $1,500,000 ; current accounts, $155,021.87 ; profit
and loss, $1^7,984.20— total, $4,283,006.07. ( ^ntra ; Cost of road, equipment, etc., $3,002,-
042.15 ; current accounts, $1,279,029.67; cash on hand, $1,734.25— total, $4,283,006.07.

Annual meeting, second Friday in March, at Coshocton, O. Books close ten days prev-
iously. Interest on bonds payable at the office of the trustee, the Farmers' Loan and Trust
Co., New York, N. Y. Registrar of stock, S. B. Liggett. Capital stock authorized, $4,000,000.

Directors (elected March 11, 1892). — Thomas D. Messier, Joseph Wood, John E. David-
ton, J. T. Brooks, James McCrea, John W. Runner, Pittsburgh, Pa.; A. J. Warner, Marietta,
0.; John C. Fisher, Henry C. Herbig, Julius C. Pomerine, Coshocton, O. ; L. F. McVay.
Walhonding, O.

A. J. WARNER, President Marietta, O.

Treasurer— -T '. H. B. McKnight Pittsburgh, Pa. 1 Secretary— S. B. Liggett Pittsburgh, Pa.

PRINCIPAL OFFICE AND ADDRESS Coshocton, O.

Transfer Office. . Pittsburgh, Pa.

TRAVERSE CITY RAILROAD COMPANY.

Line of Road. — Walton, Mich., to Traverse City, Mich ....................... 26 miles.

Sidings, etc., 3.02 miles. Gauge, 4 ft. 9 in. Rail (steel, 26 miles), 50 and 56 Ibs.

History.— Organized October 30, 1871 ; road opened December, 1872. Leased for 50
years from January 1, 1883, to the Grand Rapids and Indiana RR. Co., which partly supplies
rolling stock and pays this company as rental the net earnings of the road, with a minimum
guarantee of interest on first mortgage bonds, or $7,500 per annum.

Rolling1 Stock, December 31, 1891.— Care, platform, 10. Balance of equipment fur-
nished by Grand Rapids aud Indiana RR. Co.

Operations for year ending December 31, 1891. — Train mileage — passenger, 40.2-54 ;
freight, 7,612 ; mixed, 14,514 ; other, 3,476— total, 65,856 miles. Passengers carried, 39.669;
carried one mile, 759,649 ; average mile rate, 2.57 cents. Tons freight moved, 64,551 ; moved
one mile, 969,550 ; average ton-mile rate, 1.96 cents.
Earnings.— Passenger ....................... §19,533 17 Expenses.— Transportation ................... $14,951 84

, : The consolidation of the North Western Ohio and the Walhonding Valley Railway Companies, forminr

CM l., VV. V . & O R.R. Co., took effect June 1, 1891. The former Company owned the completed line from Toledo, O., U
Toledo Junction, O.-79.98 miles-which, with trackage rights over the P., Ft. W. & C. Ry. from the latter point to
Mansfield, O._€.oO miJes-made total line operated, as shown above, 86.48 miles ; and the Walhonding Valley Company had
projected^ a line to extend from Loudenville along the Walhonding Valley to Coshocton and thence via Wills Creek and
Captma Creek to Powhatan on the Ohio River.

From Loudenville to Coshocton— 45.4 miles— are now under construction, which, with the use of 17.7 miles of the P Ft
vv & c. Ky. between Mansfield and Loudenville, will form, when completed, a continuous line from Toledo O to
Coshocton, O., a distance of 149.58 miles.

Operated by the Pennsylvania Company— rental, net earnings.

or lease.),

Financial Statement, December 31, 1891.— Capital stock (par, $100), $205,000; funded
debt (1st mortgage 3 per cent. 50-year coupon $1,000 bonds, due January 1, 1933, interes
payable January aud July, $250,000 ; income 50-year registered $1,000 bonds, due January 1,
57

898

1933, interest not to exceed 5 per cent., payable when earned, January and July, $190,000),
$440,000 ; coupons due January 1, 1892, $3,750 ; profit and loss, $1,997.77— total, $650,747.77.
Contra: Cost of road and equipment, etc., $646,268.15 ; current accounts, $729.62; cash on
hand, $3,750— total, $650,747.77.

Trustees of bonds — 1st mortgage, Josiah Horsey; income, H. W. Smithers and W. F.
Whitehouse. Registrar of stock, J. H. P. Hughart,, Grand Rapids, Mich. Annual meeting,
Thursday after first Wednesday in May; books close ten days previously. Interest payable
at office of Winslow, Lanier & Co., New York, N. Y.

Directors (elected May 8, 1891).— Perry Hannahi Smith Barnes, W. H. C. Mitchell,
Thomas T. Bates, D. C. Leach, Traverse City, Mich. ; W. 0. Hughart, W. R. Shelby, Grand
Rapids, Mich.

PERRY HANNAH, President Traverse City, Mich.

J. H. P. Hughart, Secretary and Treasurer Grand Rapids, Mich.

PRINCIPAL OFFICE AND ADDRESS Traverse City, Mich.

Transfer Office Grand Rapids, Mich.

WAYNESBTIRG AND WASHINGTON RAILROAD COMPANY.

Line of Road.— Way nesburg, Pa., to Washington, Pa 28.15 miles.

Sidings, 1.86 miles. Gauge, 3 ft. Rail (steel, 28.15 miles), 30 Ibs.

History.— Chartered May 18, 1875 ; road opened near the close of 1877. In 1885 it
passed under the control of the Pennsylvania Co., through lease to the Chartiers Ry. Co.

Rolling Stock, December 31, 1891. — Locomotive engines, 4. Cars — passenger, 3 ; bag-
gage, mail, and express, 1 ; freight (box, 8 ; platform, 27 ; stock, 7 ; coal, 3 ; caboose, 1), 46;
service cars, 13 — total cars, 63.

Operations for year ending December 31, 1891. — Train mileage — passenger, 38,964 ;
freight, 25,666 ; mixed and other, 2,843— total, 67,473 miles. Passengers carried, 50,337 ;
carried one mile, 854.596 ; average mile rate, 3.19 cents. Tons freight moved, 17,575 ;
moved one mile, 371,552 ; average ton-mile rate, 6.90 cents.

Earnings.— Passenger $31,439 00

Freight 25,630 14

Mail 1,97989

Express 1,21703

Miscellaneous ... 13 08

Total ($2,141.35 per mile) $60,279 14

Expenses.— Transportation $10,840 55

Motive Power 9,31785

Maintenance of Cars 2,359 97

Maintenance Way & Buildings. . . 21,393 86
General... 1,405 71

Total ($1,609.87 per mile) $45,317 94

Net earnings (24.82 per cent.), $14,961.20. Paid interest on bonds, $6,923. Balance,
surplus, $8,038.20; surplus forward, $20,914.13— total, $28,952.33.

General Balance Sheet, December 31, 1891.
Cost of Koad, Equipment, etc $253,955 75 1 Capital Stock Paid in $101,854 97

Other Property and Assets ................. 1,031 28

Funded Debt Outstanding .................. 98,900 00

Current Accounts 1,38828 Current Accounts 4,54037

Cash on Hand... ..................... 9,02586

Total Assets $265,401

Other Liabilities ............................ 31,153 50

Profit and Loss.. . . 28,952 33

Total Liabilities $265,401 17

Funded debt consists of 1st mortgage 7 per cent. 20-year $100 and $500 coupon bonds,
due July 1, 1897, interest payable January and July, at company's office, Pittsburgh, Pa.

Annual meetiug, first Tuesday in February, at Pittsburgh, Pa. Books close 60 days pre-
viously to meeting-, and stock must then be owned to entitle holder to vote. Capital stock
authorized, $270,000; subscribed, $133,100; paid iu, $101,854.97. Trustees of bonds: W.
W. Smith, E. M. Say res, and D. W. Braden. Registrar of stock, T. H. B. McKnight, Pitts-
burgh, Pa.

Directors (elected February 2, 1892).— J. N. Du Barry, Philadelphia, Pa. ; Wm. Mul-
lins, Thomas D. Messier, James McCrea, J. T. Brooks, J. J. Brooks, John E. Davidson, Pitts-

POOR'S MANUAL OF BAILROADS.

899

burgh, Pa. ; J. F. Temple, Abuer Tharp, W. T. Lantz, Waynesburg, Pa. ; Jonathan Allison,
Washington, Pa. ; Jacob Swart, Hopkins Mills, Pa.

GEORGE B. ROBERTS, President Philadelphia, Pa.

Secretary-^. B. Liggett Pittsburgh, Pa. j Treasurer— T . H. B. McKnight Pittsburgh, Pa.

Superintendent— C. E. Bower Waynesburg, Pa. | Auditor— Jno. W. Renner

PRINCIPAL OFFICE AND ADDRESS Pittsburgh, Pa.

PHILADELPHIA AND READING RAILROAD COMPANY.

Line of Road,— Philadelphia, Pa., to Mount Carbon, Pa 98.4 miles.

Branch lines owned by the company (see detailed statement following) 228.6 miles.

Branch lines leased by the company (see detailed statement following) 552.6 miles.

Branch lines controlled by the company (see detailed statement following) 293.6 miles.

Total length of all lines owned, leased, and controlled 1,173.2 miles.

Gauge, 4 ft. 8| in. Rail (steel, — miles), 56, 58, 60, 64, 68, 70, 88, and 90 Ibs.

Statement of mileage of main line, branches, etc.. November 30, 1891 :

NAMES OF LINBS.

Merged or
Leased.

RR.

2d
Track.

Other
Track.

Total
Track.

PHILADELPHIA AND READING RR. — Main Line

Date.

M.

98.4
1.4
1.2
53.7
43.2
53.4
8.5

64.6
1 7

M.

98.4
1.4

44".5
23.9

M.

224.6
3.2
0.2
40.1
33.1
9.2
12.6

90.1
0.7
2.5

M.

421.4
6.0
1.4
138.3
75.3
62.6
21.1

178.6
2.4
4.4

f \orthern Liberties and Penn Township • In Phila Pa

May 8, '71
June 19, '72
Mar. 20, '58
May 8, '71
June 19, '72
May 31, '72

Mar. 21, 71

. Port Kennedy : Port Kennedy, Pa., to Lime Kilns, Pa
S Lebanon Valley : Reading, Pa., to Harrisburg, Pa
.2 Lebanon and Tremont : Lebanon, Pa., to Brookside. Pa
J j Schuylkill and Susquehanna : Rockville, Pa., to Auburn. Pa.
•~ Mt. Carbon : Mt. Carbon, Pa., to Wadesv. & Mt. Laffy, Pa..
z Mahanoy and Shamokin : Mahanoy City to Pt. Treverton,
and New Castle to Mahanoy Plain, Pa
® Moselem • Leesport, Pa., to Quarry, Pa.

(, West Heading : Reading, Pa., to West Reading, Pa

April 1, '78

1.9

....

Total Lines Owned

327.0

12.8
11.3
36.0
4.5
28.1
51.8
2.5
3.8
11.0
14.1
31.1

33.5
96.5
10.5
0.4
86.4

33.7
44.0
40.6

168.2

is!5

27 !6
2.5
3.8
5.3
8.6
20.5

20.4
9.9
4.9
0.4
76.3

27.0
6!5

416.3

2.9
1.4
17.9
0.3
26.7
71.5
14.5
21.4
13.0
7.1
10.5

40.3
48.4
1.4
0.2
45.3

15.7
3.8
11.7

911.5

15.7
12.7
72.4
4.8
54.8
150.3
19.5
29.0
29.3
23.8
62.1

94.2
154.8
16.8
1.0
208.0

76.4
47.8
52.8

Colebrookdale HE • Pottstown Pa , to Barto Pa

Jan. 1, '70
Sept. 1. '71
May 1. '69

Pickering Valley RR. : Phoenixville. Pa., to Byer's Station, Pa..
East Pennsylvania RR. : Reading, Pa., to Allemtown, Pa
Attentown RR. : Topton, Pa., to Kutztown, Pa

Little Schuylkill RR. : Pt. Clinton, Pa., to Tamanend. Pa
Mine Hill RR. • Schuylkill Haven, Pa., to Tremont, etc

July 1, '68
May 12, '64
Mar. 5, '60
July 25, '61
July 25, '61
July 1, '68
July 2, '83

Dec. 1, '70
Nov. 1, '72

Mt Carbon & Pt Carbon RR • Mt Carbon to Palo Alto

Mill Creek RR. : Palo Alto, Pa., to New Castle, Pa
Schuylkill Valley RR. : Palo Alto, Pa., to Reevesdale, Pa

East Mahanoy RR. : E. M. June, to Waste-House Run, Pa
Shamokin, Sunbury & Leu-isb. RR. : Shamokin to W. Milton . . .
Philadelphia, Germantawn and Norristmvn RR.: Phila., Pa., to
Norristown, Pa. ; Chestnut Hill, Pa., and Orland, Pa
Cataivissa RR. : Tamanend, Pa., to Newberry June., Pa
Phila. efe Chester Br. RR. • Phila., Pa., to Chester, Pa

Norristown Junction RR. : In Norristown, Pa
North Penn RR. : Phila., Pa., to Bethlehem, Pa., and branches. .
Delaware and Bound Brook RR. .- Del. River at Yardly, Pa., to
Bound Brook, N. J.. and Branch to Trenton, N. J
Schuylkill and Lehiqh RR. : High's Farm to Slatington, Pa
Phila., Harrisb. & Pitts. RR. : Harrisburg to Shippensburg, Pa. .

Total Lines Leased

1880
May 1, '79

Mav 1, '79
May 1, '83
Oct. 15, '90

552.6
39 5

219.6

354.0

23.9
0.4
2.5
0.5
2.4
3.2
22.4
0.7

1,126.2

63.4
5.6
17.8
6.8
28.0
24.7
162.7
2.3
0.5
16.3
31.7
8.4
7.9
38.1
8.3

Reading & Columbia RR.: Sinking Spring, Pa., to Columbia, Pa.
Lebanon Branch

5 2

Q>/arryville Branch : Lancaster, Pa., to Quarry ville, Pa
Reading, Marietta and Han. RR. : Columbia to Chickies, Pa. . .
Northeast. Penn. RR. : Glenside, Pa., to New Hope, Pa

15 3

6.3
25 6

Phila. A Chester Valley RR.: Bridgep't.Pa., to Downingtown, Pa.
Atlantic City RR.: Camden to Atlantic City, N. J., and branches
Rupert & Bloomsburg RR. : Rupert, Pa., to Bloomsburg, Pa.

21.5
83.5
1 6

56'.8

Bloomsburg Belt Line RR

0 5

Brigantine Beach RR.: Pomona, N. J., to Bricantine Beach, N. J.
Catasauqua & Fogelsv. RR.: Catasauqua to Rittenhouse Gap & br.
Middletown & Hummelstown RR. : Middlet. to Hnmmelst., Pa

14 0

2.3

4.4
1.8
0.6
3.5
3.5

27.3
6 6

Camden County RR. ; Mt. Ephraim to Grenlock. N. J
Gettysb. & Harrisb. Ry. : Carlisle to Round Top, Pa

7.3

34.6
4 8

Chester & Delaware River RR. : Thurlow to Eddystone, Pa.

Total Lines Controlled.

293.6
1,173.2

56.8
444.6

72.1
842.4

422.5

2.400.0

Total Lines, Owned, Leased, and Controlled

900 POOR'S MANUAL — PHILADELPHIA AND READING RR. CO.

History. — Chartered April 4, 1833 ; work begun in the spring of 1835, and portions of
the line openel in July, 1838. By 1842 track had reached Pottsville, and on May 13 of that
year the Mount Carbon RR. to Pottsville, 1 mile, was merged into the line. The first through
trains between Philadelphia and Pottsville were run in January, 1842. The Hue from the
Falls of the Schuylkill to Port Richmond, from which the shipments of coal are made, was
completed in 1842 ; the other lines were acquired subsequently, as shown in the foregoing
statement. (See MANUAL for 1891.)

The chief business of the company is the transportation of coal from the first and second
anthracite coal-fields of Pennsylvania to tide- water in the Delaware River, at Port Richmond,
Philadelphia. At this eastern terminus are 23 wharves, extending from 300 to 800 feet into
the river, with trestlework and shutes, allowing a direct discharge of coal from the cars into
vessels. More than 60 miles of track are distributed on the wharves of the immediate neigh-
borhood. The main line of road winds through the Schuylkill Valley, numerous branches
extending east and west into the two southern coal-fields. The Broad Mountain dividing the
two coal-fields is crossed at four different points, three of which lead directly into the Mahanoy
coal-field, and one into the VVisconisco Ba>in. The Laurel Run Improvement Co., which was
chartered May 18, 1871 ; name changed December 12, 1871, to the Philadelphia and Reading
Coal and Iron Co., was organized under the auspices of the Railroad Company for the purpose
of purchasing and operating the coal properties with which the railroad was connected. The
Philadelphia and Reading RR. Co. owns all the stock in the coal company, and bonds and
mortgages on the coal lands to the amount of $39, 737, 904.53.

A contract running for 900 years from February 4, 1892, between the New York Central
and Hudson River RR. Co., the Fall Brook Coal Co., the Philadelphia and Reading RR. Co.,
and companies controlled by these provides for an interchange of through and local traffic and
the formation of a through line between Philadelphia and Buffalo. (See MANUAL for 1883
and 1884.)

The entire tonnage of the Beech Creek UR. to Philadelphia and New York and all points
south and east is thrown upon the lines of the Philadelphia and Reading RR. Co., under a
contract for 900 years, which provides for a pro rata of joint charges between the several
connecting lines.

The Schuylkill River East Side RR. affords access to the traffic from the lines of the Bal-
timore and Ohio RR. Co. and its connections, over the P. £ R. System.

The company was reorganized in 1887, the floating debt paid off, rental and interest
charges reduced, and certain fixed interest charge « converted into obligations upon which
interest is payable only if earned. The plan of reorganization was given in full in the
MANUAL for 1887, page 281 — which see.

For terms under which the leased and controlled roads are operated — see subjoined state-
ments.

In addition to its lines of railroad, the Philadelphia and Reading RR. Co. leases and
operates the following canals : Schuylkill Canal, 108.23 miles— leased for 999 years from
January 1, 1870 ; Susquehanna Canal, 45 miles — leased for 999 years from January 1, 1872.

In November, 1890, the Port Reading RR. Co. was organized in the interest of this com-
pany to build 20 miles of road from Bound Brook to Staten Island Sound, where extensive
terminals will be established ; and 2.84 miles of it, from Bound Brook east, had been com-
pleted at the close of the year 1891.

The Leliigh Valley RR. and the Central RR. of New Jersey were leased in February,
1892, for 999 years— the former to the Reading, from December 1, 1891, and the latter
nominally to the Port Reading RR. Co.; from January 1, 1892. The obligations on account
of interest, rentals, etc.; and assumed" by lessee. Leliigh Valley stock is guaranteed divi-
dends at the rate of 5 per cent, till July 1, 1892 ; dividend of 6 per cent, for the year following,
and 7 per cent, yearly after July 1, 1893, any surplus over 7 per cent, to be divided
equally between the Reading and the Lehigh Valley till the latter receives 10 per cent. ; any
surplus above which will go to the Reading. Central New Jr-r*ey stock is guaranteed 7 per
cent, dividend ; any excess above that figure to be equally divided between Reading and Jer-
sey Central.

;*~~*^>&z

v»v\ \k\aW* =

^fflGK**'1

h^S-^^^N>l^!im^f^|\| .
^^if:— :-%;"^:"V

902

POOR'S MANUAL — PHILADELPHIA AND BEADING BB. CO.

A controlling interest in the Poughkeepsie Bridge system has also been acquired, and the
Reading began to run its trains to Hartford and New England points on February 3, 1892.
On February 10, 1892, a receiver was appointed for the Central New England and Western
and the Poughkeepsie Bridge, in the interest of the Reading. It is said to be the intention
to consolidate the two, and to issue a blanket mortgage for $6,250,000, bearing 4 per cent,
for 4 years, and 5 per cent, thereafter, and to be guaranteed by the Reading.

A controlling interest in the Delaware, Lackawanna and Western Co. was also acquired
in February, 1892, by parties in the interest of the Philadelphia and Reading.

Collateral trust 5 per cent, gold bonds, dated February 1, 1892, and maturing February
1, 1902, have been issued to the amount of $2,000,000 to aid the construction of the Phila-
delphia and Reading Terminal RR., and are guaranteed by that company. They are se-
cured by pledge of $2,196,000 coal land mortgage bonds, deposited with the Pennsylvania
Company for Insurance on Lives and Granting Annuities, of Philadelphia, trustee.

Rolling Stock, November 30, 1891. — Locomotive engines — passenger, 168 ; special ex-
press, 3 ; freight and coal, 432 ; shifting, 99— total, 702. Cars— coal (8-wh., 19,147; 4-wh.,
1,664), 20,811 ; freight, 16-wh., 1 ; 12-wh., 1 ; 8-wh., 8,695; 4-wh., 222), 8,919; passenger
and baggage (12-wh., 13; 8-wh., 634), 647; company service cars, 737 — total cars owned,
31,114.

Statement of rolling stock for nine years :

1884

1885

1886

1887

1888

1889

1890

1891

Locomotive Engines, Etc. . .

940

944

943

604

661

650

701

702

f Passenger, etc. .

wJSS??:::

954
12,211
26,699

957
11,891*
26.639

976*
12,041

26,585*

578*
6,725*
14,926

616*

6,161*
15,173

601*

6,169
15,223

643
7,101
18,569

647
8,919
20,811

No. of -{

8-wheeled | Tot Rev. Car8>
L Working Cars ..

39,864
840

39,487*
84H

39,603

864

22,230
515

21,951

442*

21,993*
423*

26,303
739

30,377
737

Total Car Equipment. . .

40,704

40,3-28^

40,467

22,745

22,393*

22,417

27,042

31,114

Floating" Stock, November 30, 1891. — Steam colliers, 10 ; steam tugs, 4 ; barges (15 of
them sea-going), 138 ; car floats, 12.

Operations for year ending November 30, 1891. — See tabulated statement below.
Earnings.— Passenger $4,045,861 52 I Expense*.— Boad way and Structures $2,363,047 10

Freight

Mail

Miscellaneous. .

17,250,083 40

75,162 34

482,694 65

Maintenance of Equipment. . . 1,876,429 84

Transportation 6,324,966 42

General 1,297,776 47

Total $21.853,801 91 Total $11,862,219 83

Net earnings (45.72 per cent.), $9,991,582.08 ; add net receipts from steam colliers, coal
barges and canals, and from real estate, $220,137.68 ; income from investments, $303,013.22
—total, $10,514,732.98. Payments: Rentals (details on page 907), $2,838,350.85 ; interest
account, 4,502,882.21 ; debit balance profit and loss, $110,239.70; taxes, $159,634.12 ; equip-
ment dismantled, $310,380.26 ; interest on divisional mortgages, Coal and Iron Co., guaran-
teed, $775,740; sinking funds, ditto, $395,423.19— total, $9,092,650.33. Balance, $1,422,082. 65.
Add profit of Coal and Iron Co., $482,665.82 ; interest not guaranteed, $39,786.50— total, $442,-
879.32. Surplus over first charges of both companies, $1,864,961.97.

Receipts, expenses, etc., of canals, steam colliers, etc., year ending November 30, 1891 :

Receipts.

Expenses.

Net
Receipts.

Rental.

Profit.

Loss.

Schuylkill Canal

75,717 72
8.834 06
467,582 25
185,161 19

42,319 30
17,487 15
419,316 28
217,859 50

33,398 42
def. 9,153 09
48,265 97
<fe/.32,69831

9,559 70
21,710 02

23,838 72

$

30,863 11
"32,69831

Steam Colliers and Sea Barges
Coal Barges

48,265 97

Total

736,795 22

696,982 23

39,812 99

31,26972

72,104 69

63,561 42

POOR S MANUAL — PHILADELPHIA AND BEADING RR. CO.

903

DIVIDENDS. — For statement showing the rates and dates of all dividends paid by the
Philadelphia and Reading Railroad Company see MANUAL for 1888, page 281.

Statement of railroad operations for seven years ending November 30 :

1885

1886

1887

1888

1889

1890

1891

Passengers Carried

23.531,057

25.600.760

15,678.715

15,975,839

16,883,717

18,103,898

18,828,090

Passenger Miles

292,145,478

313.4S6.552

178,643.774

175,900.689

190.67','. !<"7

-•J0.3S7

215,691,029

Freight (tons) Moved . .

7.200.930

9,043.351

8,169,683

7.867.7*:

9,623,015

9,666,823

9.3211. 176

Freight (ton) Miles
Coal (gross tons) Moved

507,209,527

11.614,288|

590,894,823
12,166.110

444.614,422
8,952,060

435,904.463

9,379.41'.)

4*.-..i590,22f<
10,039.407

566,281.090
8,333.2181

546.301,954
11.131,912

Coal (ton) Miles

1.245.568,658; 1,346,038,966

835,308,697

848.257.474

879,717.46s

980,775,418 1,050,057.707

Co/s M'ter'ls.Mdse.& 1
Coal,Tons, 2,000 Ibs. \

2,109,118

2,574,5(30'

1,447,330

1.666,579

1,988.537

2,259,120

2,144,021

Tons (inclu. Pass., etc.).

24,624.240

27,748.325

21.106.668

21,530,395

22.442.965

24.7SS.527

25.803,978

Travel

$

5,286.284

S '

5,607,109

$ '
3,422,531

$
3.407.290

3,639.546

3,89s. 2f.i '

4,045,862

Merchandise

7,622,867

8,954,256

6,287. Is3

5.621.296

5,938,976

7,210,3811

1 *M

Coal . .

13,348,789

13.159,299

9,680,180

9.478.760

*.'.C>4,004

9,305,. -3-;

j ') 1

Mail and Other

1,085.126

1,104.319

969,988

1,014.201

486,068

520,309

557,857

Gross RR. Earnings

27,343,066

2S.s24.983

20..359.882

19.521,547

19.018.614

20,934.487

21,853.802

Working Expenses

15,420,540

16,450,339

10,100,560

10,501,389

10,918,592

11,941.582

11,862.220

Net RR. Earnings..

11,922,526

12,374,644

10.259.322

9,020,158

8,100,022

8,992.905

9,991,582

Other Receipts

486,290!

519,015

492,334

478,069

40.648

219,528

def. 57,103

Available Revenue

12,408,816

12.893.659

10.751.656.

9.493,240

8,140,670

9,212,433

9.934.479

Rents Leased Lines

8,690,269

8,741,742

2,785,977

2,726.485

2,842.319

2,830,744

2,838:351

Interest on Bonds

5,444, 386

5.298.781

4,899,067

4.232.596

3,897.777

4,124.303

4,173,377

Int. on Bds. & Mg , R.E.

155,198

148,171

160.396

168,890

140.765

186,166

136,567

Debit Balance Int. Acct.

1,036.418

775.911

418.668

121.017

46,51*7

68,641

192,9:38

Losses on Canals, etc.

614,747

560,286

284,490

Int. & S. Fd. C. &I.Co.

1,144,284

1.122,542

728,284

Total Paym'ts. etc..

15,941,018;

15,524,891

8,548.598

7.242,918

8,071,742

8,304.598

8,069,517

Credit. Profit and Loss.

.......

2,203. 05s

2,250,322

661,986

917^85

1,864,962

Debit, Profit and Loss..

'3,532.203

2 631 232

Earnings per Passenger

22.5 c.

21.9 c.

21.8 c.

21.3 c.

21. 6 c.

21 5 c

21. '4' c.

Earn'gs p. Freight (ton)

105.9 c.

99.0 c.

76.9 c.

71.4 c.

70.3 c.

66.7 c!

Earnings per. Coal (ton)

119.9 c.

108.2 c.

108.1 c.

105.9 c.

96.1 c.

85.9 c.

NOTE. — In the years 1889 and 1890 the item " other receipts '' was found by deducting from net receipts of
canals, barges, real estate, etc.. and income from investments, the total of debit balance profit and loss, taxes,
and other miscellaneous charges ; the same operation in 1891 shows a deficit. The charge '-interest and sinking
fund C. and I. Co." is less "profit C. and I. Co." and " interest not guaranteed," in 1891.

Total passengers carried May, 1838, to November 30, 1891, 289,605,87-5. Coal transported
to same date (tons of 2,240 Ibs.), 237,682,932 tons. Total tonnage to same date, including
weight of passengers (ton of 2,000 Ibs.), 449,665,525.

Statement of business, excluding Central RR. of New Jersey :

Earnings, Expenses, etc.. of the Railroad
Company for the ten years.

Traffic and Joint Earnings of the RR. and Coal and Iron Cos.

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S

0|

Z^~^

1882
1883.. . .
1884..
1885.. . .
1886.. . .
1887.. . .
1888.. . .
1889
1890 .
1891

» Q

21,890,116; 12,442,520
23,006,756 12,073,347
20,513,145! 11,904,515
18,653,112! 10,602,128
19,836.684 11,354,027
21,762,9291 10.781,357
20,815,337! 11,165,999
£0,537.376! 12.396,706
22,166,450; 13,901,188
23,111.110 13,176.631

9,447,596i
10,933,409 '
8,608,630^
8,050,984,
8.482,657!
10;981,572
9,649,338
8,140,670
8,265,262
9,934,479

157,545,680
170,997,392
174,790,136
167,771,196
177,879,941
178.643,774
175,900,689
190.679.907
207.820.387
215,691,029

628,975,470 327,347.373
713,984,492 305,871,807
588,980,525- 319.279.S71
665.018,573 359,526,194
727,179,462 398,862,487
835,308,697 444,614,423
848,257,474 435,904.463
879,717,468 485,690,228
976,587,989 591,379,912
1,109,706,524. 570.586,877

5,624,789
6,074.131
5,672,684
6,040,178
6,209,202
6.001,497
6,138.942
6,057,101
6.781.705
7,574.666

37,300.162
40,045,615
37,009,753
34,343,501
35,683,096
41.1SS.737
39,638,990
38,355,601
41,096.224
44.42-2.S44

10,647.770
11,855,181
8,950,554
7,926,304
7,335,603
12,430.054
9,677,988
7,992,820
8,114,104
10,417,145

904

POOR'S MANUAL — PHILADELPHIA AND READING RR. CO.

Comparative statement of the operations of the two companies for year ending Novem-
ber 30, 1891 :

Gross
Earnings.

Working
Expenses.

Net
Earnings.

Rentals.

Interest.

Profit.

{Loss.

/'/'itfif.. anil R>'<«rinq

mi. Co,

Railroad

Canals

21 ,853.801 91

84.051 78
467,582 25
185,161 19
217,499 36
303,013 22

i

11,862,21983
59.806 45
419,316 28
217.85950
37; 174 67

9,991,582 08
24,245 33
48,265 97
(t. 88,09881
180,32469
303,013 22

$

$

$

$

SrmColliers&SeaBarges
Coal Barges
Real Estate

Income from Investm'ts.

Rentals and Interest
Det>itBal.p.&l.,taxe$,etc

Total RR.Co. year end- i
ing Nov. 30, 1891.... )"
Total RR.Co. year end- \
ing Nov. 30, 1890.... f

Increase

23,111,109 71

12,596,376 73

10,514,732 98

2,838,350 85 4,502,882 21

3,173,499 92

" 580.2546s

580.254 08

580,254 08

23.111,109 71
22,166.450 37

13,176,630 81
13,901,187 91

9,934,478 90
8,265,262 -i<>

2,838,35085 4,502,88221
2,830,743 75 4,351,311 69

2,593,245 84

1, 083.20: 02

944,659 34

" 724,557 10

1,669,21644 7,60710 151,57052 1,510,03882

Phila. and Beading Coal
* and Iron C'o.
For year eud.Nov.30, 1891
For year end.Nov.30,1890

Increase

21,311,73450
18,920,773 7'5

20,829,068 68
19,080,931 87

482.665 82
d. 151. 15S 12

815,526 50
822! 126 23

332.8HO 68
973.284 35

2,381,960 75

1,748,136 81

633,S23 1)4

6.599 73

C40.4','3 67

Total both companies, |
year end.NOY.80,1891 f
Total both companies, I
year end.Nov.30,1890 J

Increase . . ...

44,422.844 21
41,096.224 12

34,005,699 49

32,982,119 78

10,417.144 72 2,838,350 85 5,318.408 71
8,114,10434 2,830,74375 5,173,43792

2,260,385 10
109,922 67

3,326,620 09

1,023,579 71

2,303,040 38

7,607 10 144,970 79

2,150,462 49

Statement of capital account of P. & K. RR. Co. for seven years :

1885

1886

1887

1888

1889

1890

1891

Common Stock
Preferred Stock

36,822,975
846 950

$
38,537,462

746 500

S
39,480,362
638 850

39,480,362

$
39,480,362

S
39,488,362

40,105,362

Mortgage Loans

67,966*081

69,857,081

78,715,081

131,061,640

131,597,392

136,010,495

135,393,734

Debenture Loans & Scrip
Scrip 1877 82

8,177,700
2 353 739

6,856,100
2 352 079

6,155,800

2,348,915

46,435

89,600

26,150

4,423,150

Conv. Adj. Scrip
Car Trust Certificates . . .
Bonds and Mortgages. . .
Schuvlkill N Cos Loans

3,072,730
2,566,000
2,098,201
2 578 250

2,110,730

2,222,000
2,098,201
2 578 250

317,610
2.389,000
2,161,346
2 578 250

5,015
2.692.000
3,168,798

2,010
2,270,000
2,210,792

1,810
4,542,000
2,175,075

1,810
3, 90< ;. ooo
2,052,090

4()5 900

495 900

495 900

Def . Inc. Bonds & Scrip.

7,670,427
394 070

7,670,427
394 070

7,670,427

394,070

7,670,427

7,670,427

7,670,427

7,670,427

All Other Liabilities
Profit and Loss

24,314,S23

32,080,186

27.445,103
2,203,056

16,551,278
4,453,379

15,275.7411
68,928

16,149,015

19,810.01)0
1,864.962

Total Liabilities
Railroad ...';
Depots

159,357,846
27,a59,976

4,724,688

167,998,986
27,359,976
4 723,203

17-2,993,770
47,531,529

4,781,138

204,119,328
j- 78,734,431

198,605,160

79,264,422

206,063,334

79,825,728

215,22 7. 6-.V-
80,261,112

Engines and Cars
Real Estate

13,825,919
8,207,108

13,825,919
8,207,108

' 14,441,286
8,631,372

12,637,704
4,724,917

12,637,704
4,832,184

15,283,298
5,093,361

18,6156.710
1,930,698

Stocks and Bonds
P. & R. C. & I. Co. Stock
Do., Bonds & Accounts.
RR & Canal Leases

14,885.336
8,000,000
39,737,966

14,807,654
8,000,000
39,737,965

13,514,327
8,000,000
39,737,966

16,086,521
8,000,000
64,615,374
9,309,649

12,293,180
8,000,000
64,617,302
9,340,729

I4,871,li!)l
8,000,000
64,617,302
9,311,161

25,18

8,000,1!' o
61,453.181
9,341,16]

Steam Colliers

2,335,768

1 488 365

2,335,768
1 474 131

2,296,878

1 491 610

1,237,211

1,219,888

1,5:33.034

1,291,248

686 682

925 609

Cash and Receivables . .
Materials and Supplies. .
Debts,Disc't&OtherAss .
Los« on C RR ofN J St'k

2,105,081
1,616,674
25,150,500
1 390 841

1,755,317
1,365,808
29,483,776
1 390 841

8,149,176
757,013
28,661,480

623,287
901,127
7,249,107

1.299,877
768,981
4,330,958

1,029,804
956,564
5,471,456

1.0*36.485
801,306
4,28

Disc'l, etc Loan 1874-1 'X>8

500000

500000

7 342 942

12 105 911

39 335

Total Assets

159,357,846

167,998,986

172,993,770

204,119,328

198,605,160

206,063,3:34

215,227,625

POOR'S MANUAL — PHILADELPHIA AND BEADING RR. CO. 905

General Balance Sheet (ER. Co.}, November 30, 1891.

Dr.

Railroads. Wharves and Terminals $80,261,111 55

Railroad Equipment • 18,666,70978

Real Estate 4,920,69773

Steam-Collier^ and Floating Equipment

Bonds and Stocks Owned by Company , 22,669,00066

Philadelphia and Reading Coal and Iron Company.
Investment of Railroad Co. in Coal and Iron Co., represented by Stock, Bonds, and

Accounts 69,453,181 01

Railroad and Canal Leases under Reorganization Plan,

Schuylkill Navigation Co. Value based upon securities issued under plan $7,451,967 03

Susquehanna Canal Co. Value based upon securities issued under plan 1,402,725 49

Colebrookdale Railroad Co. Value based upon securities issued under plan 308,588 55

Pickering Valley Railroad Co. Value based upon securities issued under plan 177,880 15— 9.341.

Bonds and Stocks of Leased Lines Deposited with Penn. Co. for Insur., etc., trustee. 2,466,776 72

$209.069.881 85

Cash on Hand 9<jl.~

Bills Receivable 104.612 77

Freight and Toll Bills 1,004.700 90

Materials on Hand 801,30613

Leased and Controlled Companies for Advances 2.615.873 68

Connecting Railroad Companies 370.49> 58

Current Accounts. .. 29-.-

Total Assets $215.327.024 54

Or.

Common Stock 840,105,361 78

Mortgage Loans prior to Improvement Mortgage $24,056.700 00

Improvement Mortgage Loan, 1873-07 9,364,000 00

Income Mortgage Loan, 1876-96 1,000 00

5 per cent. Consols Mortgage Loan, 1882-1922, 1st series . 5,767,042 00

5 per cent. Consols Mortgage Loan, 1883-1933, 2d series 1,535 00

General Mortgage Loan, 1888-1958 38,104,658 77

First Preference Income Mortgage Loan, 18S8-1958 23,948,284 45

Second Preference Income Mortgage Loan, 18S8-1SI58 16,176,413 78

Third Preference Income Mortgage Loan, l>8*- I'.'oS 17,974,099 67

Bonds and Mortgages on Real Estate 2,052,090 02

Total Mortgage Loans 137,445.^23 «;9

Convertible Adjustment Scrip 1.S10 i.'K)

Oar Trust Certificates 3,906,000 00

Debenture Loans 4.405,10000

Debenture Convertible Loan 10,800 00

Debenture and Guarantee Scrip ... 7,250 00

Deferred Income Bonds (nominal par, $25,568,090.30). ... 7.67".

$193.552.572 56

Notes Payable and Loans 1.150,000 00

Equipment Notes 3,485.306 5'.»

Leased Roads and Canals, Account Rent Due and Uncollected 239,076 83

Interest Due and Uncollected 750,006 67

Interest and Rentals Accrued to date, but not yet Payable 1.336.725 -2fj

Connecting Railroad Companies 235.548 38

Current Accounts 208.734 70

Audited Vouchers and Pay Rolls 1.975.835 66

Taxes 361.001 32

Surplus for Year ending November 30, 1891 1,864.961 97

Balance Carried to and Held for Account of Future Adjustment and Suspense Acc'ts. 10,067,854 60

Total Liabilities $215,227.624 54

Stock and bonds listed on New York, Philadelphia, and London Stock Exchanges,
Annual meeting, second Monday in January ; books close about a week previously.

906

POOR'S MANUAL — PHILADELPHIA AND EEADING RR, CO.

Detailed statement of funded debt and stock outstanding November 30, 1891:

Prior Mortgage Loans :
6 per cent £ Mortgage Loan 1843 1910 coupon

$967 200 00

6 per cent, $ Mortgage Loan. 1843-1910, coupon

545,500 00

6 per cent 5 Mort^a^e Loan 1844 1910 coupon

795 000 00

6 per cent. $ Mortgage Loan, 1848-1910, coupon

92,000 00

6 per cent. $ Mortgage Loan, 1849-1910, coupon
4£ per cent. $ Mt^e Conv Loan 1857-86 coupon

67,000 00
1,00000

4£ per cent. $ Mtge. Conv. Loan, 1857-1910 coupon

78,000 00

7 per cent % Mtge Loan 18(58-93 coupon

2,700,000 00

$5,245,700 00

Consolidated Mortgage Loan, 1871-1911 :
6 per cent, gold $ or £ coupon

6,999,000 00

6 per cent, gold $, coupon ....

305,000 00

6 per cent, gold $, registered
7 per cent. $, registered

858,000 00
3.339,000 00

7 per cent. $, coupon

7,310,000 00

18,811,00000

Improvement Mortgage Loan, 1873-97 :
6 per cent ^old $ or £ coupon

9,364,000 00

Income Mortgage Loan, 1873-96 :
7 per cent $, coupon

1,00000

5 per cent. Consols, Mortgage Loan, 1882-1922, 1st Series :
5 per cent, gold $, coupon . .

K ^cc o(\f) oo

5 per cent gold $, fractional scrip

1 042 00

5,767,042 00

5 per cent. Consols, Mortgage Loan, 1883-1933, 2d Series :
5 per cent, gold $, coupon

1 000 00

5 per cent, gold $, fractional scrip

535 00

1,535 00

General Mortgage Loan, 1888-1958 :
4 per cent, gold Si coupon

34 931 000 00

4 per cent, gold $, registered

3 122 000 00

4 per cent, gold $, fractional scrip .

51 658 77

38,104,658 77

First Preference Income Mortgage Loan, 1888-1958 :
5 per cent, gold $, coupon

23 803 000 00

5 per cent, gold $, fractional scrip

145 284 45

23,948,284 45

Second Preference Income Mortgage Loan, 1888-1958 :
5 per cent, gold $, coupon

1 6 1 44 000 00

5 per cent, gold $, fractional scrip

OO 410 r~Q

16,176,413 78

Third Preference Income Mortgage Loan, 1888-1958 :
5 per Cent gold $ coupon

5 per cent, gold $, fractional scrip

17,974,099 67

Total Mort^a^e Loans

2,052,090 02

Convertible Adjustment Scrip, 1883-88 :
6 per cent. $

137,445,823 69

Car Trust Certificates, issue of February 15, 1883, coupon

400 000 00

1,810 00

Car Trust Certificates, issue of March 15, 1884, coupon.

Car Trust Certificates, issue of July 1, 1887, coupon
Car Trust Certificates, issue of March 1, 1890, coupon

720,000 00

3,906,000 00

Debenture Loans :
6 per cent. $, 1868-93, coupon

4 per cent. $>, 1868-93, coupon

6 per cent. $, 1878-98, coupon

5 per cent, gold $, 1891-1911 coupon

4,405,100 00

Debenture Convertible Loan :
7 per cent. $, 1873-93, coupon

30 80000

Debenture and Guarantee Scrip :
6 per cent. $, 1887-82-84

7 250 00

Common Stock ,

40,105,361 78

Deferred Income Bonds :
Deferred Income Bonds (nominal par, $25,314,033.33) .

7,594,210 00

Scrip for Deferred Income Bonds (nominal par, $254,056.97)

76,217 00

7,670,427 09

$193,552,572 56

Statement of business of canals, steam colliers and coal barges, for nine years :

1883

1884

1885

1886

1887

1888

1889

1890

1891

Gross Earnings. .
Gross Expenses.

1,521,990
964,087

1,219,272
1,024,626

1.124,222

880,788

1,183,406
903,703

910,712
680,797

918,58)
664,609

921,340

708.560

$
767,489
645,995

736.795
696,982

Net Earnings. . . .

557,903

194,646

243,434

279,703

229,915

253,972

212,789

121,494

39,813

Rentals, etc

867,503

871,668

858,181

839,989

514,405

156,098

68,391

54,635

31,270

Balance (+ or — )

- 309,600

- 677,022

- 614,747

- 560,286

- 284,490

+ 97,874

+ 144,398

+ 66,859

+ 8,543

POOR'S MANUAL — PHILADELPHIA AND BEADING RB. CO.

907

Details of interest account for the two fiscal years 1890 and 1891:

LOAN.

Interest Payable.

Rate

of
Interest

Principal
for
1890.

Interest
for
1890.

Principal
for

1891.

Interest
for
1891.

Detail of Interest Account.
£ mortgage loan, 1843-1910 coup.
$ " " 1843-1910 "
$ " " 1844-1910 "
$ " " 1848-1910 *
$ " " 1849-1910 "
g mtg. con. ]'n, 1857-86-1910 "
$ mtg. loan. 1868-93 "

January and July . .

April and October..
June and December

41 i;

April and October..
May and November
January and July . .

'
m
February A August

March & September
Mr.. Je., Sep., Dec

Feb. ,May , Aug. . Nov
January and July . .

p.c.
6
6
6
6
6

4*

7

6

6
6

6
5
4
4
4
4
6
6
5

5
6

967,200 00
545,50000
785,000 00
98,00000

67,00000
79,00000
2,700,000 00

6,999,000 00
305,00000

858,00000
3.3-39,000013
7.310.000 00

9.364.000 00
5.765,500 00
30.690,658 77
3,011,00000
3,702,000 00
701,00000
600,00000
408.00000
840,00000
2,694,000 00
"2,'l 75,075 43

58,032 00
32,730 00
47,700 00
5.52000
4,020 00
3.55500
189,000 0(3

419,940 00
18,30000

51,480 00
233.730 00
511,700 00

561,84000
288,275 00
1,227,626 35
120,440 00
135,74000
11,68333
38,50000
26,265 00
44,25000
93,975 90

"l38,16627

88,842 84

907.200 00
545,50000
795,000 00
93,00000
67,00000
79.00000
2.700.000 00

6,999,000 00
305,00000

858,00000
3.339.000 00
7.310,000 00

9,364,000 00
5,766,000 00
34,982,658 77
3,122,000 00

58.032 00
82,73000
47^700 00
5,52000
4,02000

* 189,00000
419.94000
18,300 00

51.480 00
233,730 00
511,70000

561,840 00
288,30000
1,399,306 35
124,88000

Gd. S or £ consol. mtg. 1'n,
1871-1911 "
Gold § consol. mtg. loan,
1871-1911 "

Gold $ consol. mtg. loan.
1871-1911 regist.
S consoi. mtg. 1'n, 1871-1911 "
S " " " 1871-1911 coup.
GoJd $ or £ imp. mtg. loan,
•1873 1897 "

5 p. c. consols, gd. g mtg.
loan, 1882-1922, 1st series li
Gold Sgen. mtg. loan, 1888-
1958 (in. from July 1, '88) '•
Gold g gen. mtg. loan, 1888-
1958 (int. from July 1 , '88)regist.
Gold S gen. mtg. loan, 1888- •
1958 (int. from Jan. 1,1890) coup.
Gold 8gen- mtg. loan' 1888-
1958 (int. from July, 1.'90) "
Car trust certs., iss. of Feb.
15,1883 "
Cir trust certs., issue of
Mar. 15, 1834, series "B." "
Car trust certs., issue of
July 1, 1887, series -C.". "
Car trust certs., issue of
Mar. 1. 1890. series "D." "
S Debenture loan, 1868-93.. "
Int. for year on bonds and mtgs.
Debit balance of interest account

Total priuc. and int. for vears
ending Nov. 30

400,00000
306,00000
720,00000

2,480,000 00
6,00000
2,052,090 02

26,50000
20,14500
38,250 00

138,208 33
24000
136.567 24
192,938 29

84,007,934 25

4,351,311 69

83,255,448 79

4,502,882 21

Statement of rentals of leased roads and canals for six years :

1886

1887

1888

1889

1890

1891

Mine Hill & Schuylkill Haven RR.Co.
Mount Carbon & Port Carbon RR. Co.
Mill C'k & Mine Hill Navig.A RR.Co.
Schuylkill Vallev Navig'n & RR. Co.
Little S.N.RR.&C.Co.uncl.E.M.RR.)
East Pennsylvania RR. Co
Phila..Germ. and Norristown RR.Co.
Chestnut Hill RR. Co.

326.552 00
36.250 00
34.616 87
30.890 12
215,660 75
143,992 85
293.904 74
17.201 90

-.53200
36,250 00
34,616 87
30,890 12
216.009 00
143,072 71
293,904 75
17 201 '.to

$
326,552 00
36.250 00
34.616 87
30,890 12
216.009 00
131.810 10
293,904 73
17 201 90

326,552 00
36,25000
34,616 87
30,890 12
216,009 00
128,081 85
293,90474
17 201 90

$
330,82867
36,25000
34,616 87
30.890 12
217,001 75
128,934 35
293.50474
17201 90

8
336,816 00
36.250 00
33,80844
30,89(3 12
217.092 (30
129,035 10
293,771 41
17 201 90

Catawissa RR Co

362 930 00

362 930 00

36° 030 0(3

358 154 17

338 400 4(3

338 83(3 00

North Pennsylvania RR. Co

890 343 20

895 782 36

892 218 46

897 017 40

898 5." it 13

900 441 80

Delaware and Bound Brook RR. Co.
Central RR. of New Jersey. .

272,248 71
5,960,792 15

268,061 47

277^336 80

326,003 37

291. v: 4 ;.->

296,04202

Swedes Ford Bridge Co.

2 455 00

o 455 oo

2 455 00

•> 455 00

•> 455 (H)

Schuylkill and Lehigh RR. Co
Shamokin.Sunb'y & Lewisb'g RR.Co.
Pickering Valley RR. Co
Colebrookale RR. Co
Allentown RR. Co

27,015 00
50,68400
23.261 00
36;0<3000
252729

27.003 00
50,600 00
23,261 00
36,0000(3
2 527 29

27,003 00
50,6(3000
4,16850
16,380 69

o 4, ,o -s

27,00000
50,54000
4.435 22
15,58090
2 485 70

27.00000
75.540 (3(3
4.56066
14.744 42
3 460 22

27,03060
110.72000
6,510 0(3
12,9% 01

3 °67 SS

Allentown Terminal RR. Co

6,75000

13 500 00

13 052 Si

Chester Valley RR. Co.

17,082 75

1884963

3 7"3 69

Phila. Harrisburg & Pittsb. RR. Co

:

16.666 67

Total Railroads
Schuylkill Navigation Co
Susquehanna Canal Co

8,741.742 44
5M.320 43
243, 66S 64

2,7*5,977 10
372,266 48

142,14004

2,726.484 64

49.022 65
107,074 1W

2.773.928 24
33,480 8(3
34,910 21

2,776,108 65
21,986 39
32,648 71

2,807,(381 13
9,559 70

21.71002

Total Rentals

9,581,731 51

3,300,382 62

2,882,582 27

2,842,319 25

2,83(3,743 75

2,838.350 85

908

POOR'S MANUAL — PHILADELPHIA AND READING RR. CO.

Statement of all lines operated yearly (November 30) for ten years :

Lines of Road.

Second, Side, am

Other Tracks.

Aggregate Track.

j

Owned. Leased.

Cont.

Total.

Owned.

Leased.

C'ont.

Total.

Owned.

Leased. Cont.

Total.

I •

M,

jr.

jr.

AT.

N.

If.

I/.

M.

3f.

M. M.

\r.

1882..

3-27.0

4:>3.4

65.9

846.3

462.1

410.4

19.6 9C2.1

780.1

873.8 Ki.fi 1,748.4

1883..

827.0

1,152.9

103.0

1,582.9

472.:]

933.3

23.3 .428.9;

799.3

2,086.2 126.3 3,011.8

1884..

327.0

1.154.7

106.6

1,688. J!

479.6

963.1

30.3

,473.0!

806.6

2,117.8 136.9 3,061.3

tees;;

337.0

1.152.4

Ifl6.6

1,586. »

488.3

972.7

30.3

,485.8

809.3

•2.12:,.l 136.9 3,071.3

1886..

827.0

1,152.4

106.6

1.586.ti

487.4

995.4

30.5

.513.3

814.4

2,147.8 137.1

3.099.3

1887..

827.0

537.8

75 8

940. (I

487.15

497.7

27.9

.013.2

814.6

1.035.5 103.7

1.953.8

1«88..

3-27.0

516.1

211.9' 1.055.

4*6.fl

500.1

5*. 9 ,055.9

823.9 1.016.2 270.8

2,110.9

1889..

327.0

51 6 1

214.3 1.057.4

522.2

52(5. :\

74.3 ,122.8;

849.2 1.04-2.4 288.6

2.180.2

1890..

327.0

548.8

230.8

1.106.61

557. 3

56-2 S

117.5 .237.6

1.111.6 348.3

2,344 2

1891 . .

327 0

552.6

293 (i

1,173.2

584.5

573.6

128.9

,387.0

911.5 1,12*5.2 422.5

2.460.2

PHILADELPHIA AND READING COAL AND IRON COMPANY.

Receipts.

From Rents

Prom Sales of 7.362.664.19 tons of Coal. .
Fr.nn Dividends, Interest, etc

. $21 1.628 2!>

20,824.335 38

275.770 83

Expenses.

$21,311,734 50

Mining Coal, 7.574.665.03 tons

Permanent Improvements

Royalty of Leased Collieries

Taxes on Lands and Improvements..
Repairs of Houses and Furnaces ...

$11,023.741 71

175.925 55

' 688.9i)6 35

V.15.692 23

21.651 60

Transportation of Coal by Rail 6,884.631 29

Boat Freights. Discharging, Shipping, etc 1.297,627 45

Other Expenses 1.208.98:5 30

,^1.497,15948-
668,090 80

Less Adjustment o'f Valuation of Coal at Shipping Points . .

Profit

Add Interest on Bonds Outstanding for year 1891.

S482,665 82
815,526 50

Deficiency for the year.

General Balance Sheet, P. & R. Coal and Iron Co., November 30, 1891.

Property and Investments.. $81,241, 237 67

Coal Lands $61,863,903 19

Timber and Iron Ore Lands

Pottsville Shops, R. E. & Improvem1ts.

Other Real Estate

Furnace. Rolling Mill, etc

Improvements and Equipment!?

Leasehold Collieries

Stocks and Bonds of Cos. Controlled . .

Miners' and Other Houses

Dead Work at Coll. and Iroe Ore Mines

New York and Eastern Depots

Western Yards and Depots

Other Property and Investments

Supplies, Coal, and Ore on Hand 2,825,394

Bills Receivable

Coal and Rent Accounts

Sundry Accounts

Cash on Hand

Stocks & Bonds Owned by the Company
Profit and Loss

Total Assets ... ... $88,683,615 35

Capital Stock

Purchase Money Mortgage Bonds :

1872-1892 $8,952.000 00

$8,000,000 00

1872-1902

1873-1893

1874- 1884

1874-1894

1882-1902

1883-1888

1884-1904

Real Estate, Bonds and Mortgages, etc. . .
Bonds and Mtgs. held by P. & R. RR. Co.

Loan Account. P. & R. RR. Co

Debenture Bonds, 1872-1892

Wages and Material Bills

Current Business Debts

Due Phila. and Reading RR. Co

Uncollected Coupons and Interest

Suspense Account

150.000 00
2(54,000 00
204.000 00
1.240.000 00

•r.2.000 oo

270.000 00

357.000 00—11,689.00000
456,106 46
39,737.965 53
24,879.336 16
2,000 00
834,187 73
471,118 14
2,071,254 72
72,905 00
469,741 61

Total Liabilities $88,083,615 35-

POOR'S MANUAL — PHILADELPHIA AND READING RR. CO.

909

General Account Philadelphia and Reading Coal and Iron Co. for eight years :

1884

1885

1886

1887

1888

. 1889

1890

1891

Capital Stock

-

1

«. >M1 iNMI

8.0110,000

8."K>J.O"H1

8.000.000

Parchase Mortgage Bonds..
P.AR.RR.Co.Mt£.AI/nAc

Real Estate Bonds
Debenture Bonds

12.471, MNI
55.5tto.-24i>

-

i,n;.(X'H»

10.33sooO
1.117,i»(0

12.001 .0<i<>
59.ul3.I44

1.117.1.00

03.4" )1. 651
11,117,000

04.015.374
596.1iiti
7,OOU

11.-S3.IKN.

":4.01 5.374

3," H.O

11.7';4.000
64.H1 7.302

11. 689.00-0
04.01 7. 3" "2

Floatin0' Debt

•2 "H>3 053

1.855.363

Sundrv Accounts . .

1.057.3U

1.42-.' -54

1.002.053

1.050.43K

2.047,999

2,943,191

3.919,207

Profit and Loss (net)

654,210

Total Liabilities
foal Lands

81.731.801
41, '.143.692

84.0:39,197

41,970.150

87,173,103

55.017. OT3

87.327.47ft

o-j.273.27'.

S7. 940.071
01.971.75J

88.683.615

Timber and Iron Ore Land:?
Other Real Estate
Improvements and Equip'ts
Leasehold Collieries
Dead Work at Mines & Col.
Stocks and Bonds
Divisional Morto'ao'e Bonds

1. -,'46.12;

1.5S1.325

0.035.40H
6,103,701

1.040.127

10.5--4.790
0.044.573
2.090,1*5
0.143.391

1.240.107
1.5sO."30
1" 1.819. "191
•^.413.630
0,370.576
6,010,009

1.240.127

l"i.797.3!»>i
2.413.030
0.370.570
5.844.919

1.317.403
990.868
6,319.886
1,313,300
2,831,673
5,867,226

1.317.423

1.4KU87
3.017.759
5,798.855

1.317.403

:<57.4< «

1.474.435
3.017.759
5.802.415

i,3irt4«3

7,154£67

1.474.435
3.017.759

Furnace, Rolling Mill
Miners" Houses etc

1,686.538

1. 685.323

1,685,339

714.3-37

1,685,339

714,337

376.500
540.455

370.5CO
540 455

547,302

550 750

Other Prop, and Invcstm'ts.
Cash and Cash Items
Adv to other Co's«fe Ind etc

43,161
1.752. 964

774 lor

66,457

1.3>5.0«/7

« 761
1.292.914
830,763

66.056
4,406,172

137.317
3,379,145

2,730>o3

8,180,9M

Supplies. Mat.. Coal & Ore.
Interest. Profit and Loss,etc.

1. 958,676
9,060,154

1.677.140

1.4i>0.287
10.057.509

796,840

1.545.*25

303.590

2.094.985
1.126.385

2.1*.i.5S3

Total Assets

81.731.W1

82.207,092

84.639.197

87,173.103

S7.327.47H

87.940.671

90.053.077

88.6*3.615

The following extracts are taken from the Railrond Company's report for 1891 :

"Out of the surplus of ?l.£04.9-;l.97 over fir>t charges, tie company, under the provisions of the income
mortgages, declared the full limited rate of 5 percent., payable February 1. lf?90. on the 1st preferences and 4^
per cent, on the seconds."

•• During the year there were expended for betterments and additions of a permanent nature. $505.004.14.
and for cars and locomotives $1.0 >. 405. 77. amounting in ail to$1.7;3.46'.'.91. which was carried to capital account/1

•• The company is practically free from floa?iir_r debt : the $1.150.000 item of bills payable shown in the bal-
ance sheet represents notes given to secure the advances necessary to complete the construction of the Philadel-
phia. Harrisburg and Pittsburgh, the Port Reading and tl^- Tamaqua. Hazleton and Northern Railroads, and so
much as necessary of the proceeds of the securities issued on those roads will be used to take up the notes, and
the indebtedness will be cancelled."

•• Provision has been made for all necessary betterments, new equipment and additional property which will
be hereafter required, by an issue of $10.000.000 5 per cent, collateral tru~t bonds, which are unused and un-
and the proceeds will be expended only for the improvement of and addition* to the present mortgaged
All new lii.es and extensions will either be of sufficient Importance to provide the necessary funds
independently, or their promotion will not be undertaken by the company. Within six years, and b* •:'
maturity of this loan, there will have been liberated under the plag of reorganization an equal amount of general
mortgage 4s. applicable to these purposes under the mortgage. The possession of these, means affon;-
assurance of the ability of the company to continue the enlargement of its equipment and fa- ilities at all times
in >ea«on to meet promptly the demands of hs increasing traffic, to avail of all the economies which arise from
modern improvements «td methods, without unduly burdening the current income, and at the same time to carry
the business successfully Through periods of depression should any occur.

•• In this connection, it is proper to add that the company owns stocks and bonds of the par value of $40.-
683.050.16. represented in the balance sheet at a cost of $22.069.000.66. A fair cash value of these securities
exceeds $10,000,000. Thi< does not include any of the issues of securities of the Coal and Iron Co."

PORT READING RAILROAD.— Work is progressing rapidly on the new line to Port Reading on the Arthur Kill,
and will be ready early in the year for operations lolig in advance of the season when the heaviest traffic is to be
expected.

TAMAQUA. HAZLETON AND NORTHERN RAILROAD.— During the year a company of this name has been organ-
ized to build a line from the Catawissa Branch to the vicinity of Hazfeton. connecting with the Delaware. Susque-
hayna and Schuylkill RR., with which traffic arrangements have been entered into guaranteeing the P. A R. RR.
Co. a minimum of 1,000.000 tons of anthracite coal. The new line has been completed and is now in operation.

MOUNT CARMEI. AND NATALIE RAILROAD.— Connections have also been made with the Mount Carmel and
Natalie RR., near Mount Carmel on the Mahanoy and Shamokin Branch. This new line has been constructed
by the proprietors of a large undeveloped coal estate, and, under an exclusive contract with your company. ,\ill
deliver an additional anthracite tonnage to your lines of from 300,000 to 400.000 tons annually.

PHILADELPHIA. HARRI*BUR<; AND PITTSBURGH RAILROAD.— During the year past the Philadelphia. Harris-
burg and Pittsburgh RR. has been completed and put into operation. There has been a steady in<;
traffic on this road since it was opemd. and it is believed that the road will earn not only its fixed cha: _ a
also a dividend on the stock, in addition to the contribution it makes to the business of the main stem.
Itygbvrg and Harritburg Bailrotiel has been acquired during the year, as a feeder to this division, on
favorable terms. The construction of the new passenger terminal in the City of Philadelphia is progressing
rapidly, and will, it is expected, be in full operation during the current year. Wharves, docks, storage, ana
transfer plants have been provided at the important points of distribution in New England and the W
Buffalo a storage and transfer plant of lar.-e capacity has been established during the year for shipments of coal
to all points West by rail, while wharf and dock facilities have also been secured for shipments by the oreat
lakes during the season of open navigation to such distributing points as Chicago. Milwaukee, and Duluth,
and others of less importance, where the necessary docks and storage room have been provided. The amount
charged out by the railroad company under its guarantees at the close of the fiscal year 1890, to meet the sink-

910 POOR'S MANUAL — PHILADELPHIA AND READING SYSTEM.

ing fund requirements of the divisional coal laud mortgages, was $340,107.12, of which $188,000 was applied to-
the payment and cancellation of divisional coal land bonds, and the balance has been duly invested in other
bonds until divisional bonds of the class to which the fund is applicable can be purchased for cancellation. The
amount retained at the close of the last fiscal year for this purpose will be similarly disposed of. The increase of
the sinking fund requirements for last year over the previous year is due to the increased output from the mines,
upon which the sinking fund payments are based. The results of the operations of the Coafand Iron Company
durine the year, as compared with 1890, presents a most encouraging exhibit. After charging all payments for the
year to operating expenses, the deficit is reduced to $332,860.68, against a deficit for 1890 of $l,42t),8t;fj.3:3. A large
part of this saving is due to the reduced cost of mining coal, resulting from the expenditures recently made for the
introduction of new and improved methods and machinery, and has been effected notwithstanding an increased
cost of supplies. Arrangements have been consummated for the extension of the Divisional Mortgage Bonds
maturing during the current year on satisfactory terms.

The immense estates of the company aggregate upwards of 194,000 acres, which may be classified as follows :
Coal lands owned (acres), 95,144 : coal lands leased from others (acres), 7,429— total coal lands, 102.573 acres.
Timber lands owned (acres), 70,489 ; iron ore lands (acres), 21,000— total area (acres), 194,062. The collieries in
operation are located : On lands owned, 36 ; on lands owned by controlling companies, 4 ; on lands leased, 11 ;
temporarily abandoned, 10— a total of 61. In addition to these, and excluding small operations, there are 13
collieries which are operated by tenants. All of the company's collieries either nave been or are being modern-
ized and supplied wifh improved machinery for handling and preparing the coal for market. The coal lands
comprise in extent about 33 per cent, of the entire anthracite coal fields of the state, and the company estimates
that it has at least 50 per cent, of the entire deposit remaining unmined.

RAILROADS OWNED OR LEASED BY THE PHILADELPHIA AND READING RAILROAD Co.

ALLENTOWN RAILROAD.— Projected from Port Clinton to Allentown, Pa.. 35.8 miles. Completed
from Topton to Kutztown, Pa., 4.5 miles. Chartered April 19, 1853. Operated by the P. & R. RR. Co. ; rental,
30 per cent, of gross earnings. Rental, June 30, 1890, $3,160.98 ; other receipts, $179.50— total, $3,340.48. Capital
stock (par, $50), $1,268,S84.47 ; unfunded debt, $12,745.37— total, 81.281,629.84. Cost of road, etc.. $1,085,747.94 ;
sundry debits, $10,640.24; profit and loss. $185,241.66. A. A. McLEOD, President; John Welch, Treasurer;
Howard Hancock, Secretary, Philadelphia, Pa.

CATAWISSA RAILROAD.— Tamanend to Williamsport, 93.5, and branch from Summit Station to
Silverbrook, 4.50— total, 98 miles. Sidings, 48.40. Chartered as Little Schuylkill and Susquehanna RR. Co.,
March 31, 1821 ; changed to Catawissa, Williamsport and Erie RR. Co., March 20, 1849 ; opened December 18,
1854. Reorganized in 1860, under existing title. Leased for 999 years from November 1, 1872, to P. & R. RR. Co.;
rental, 30 per cent, of gross earning.-*, and $8,000 for expenses for maintaining organization. Lease rental, $226,-

000. Dividends on preferred stock (3.5 per cent, each), May and November, $224,000. Capital stock ($50 par)—
common, $1,159,500 ; 1st preferred, $2,200,000 ; 2d preferred, $1,000,000— total, $4,359,500. Funded debt (assumed
by lessee) — 1st mortgage 6 per cent. 20-year bonds, due August 1, 1902, $230.500» and 30-year bonds, due February

1, 1900, $1,300,000. Cost of road, etc., $6,206,668.08. M. P. HUTCHINSON, President and Treasurer ; R. M.
Elliott, Secretary, Philadelphia, Pa.

CHESTNUT HILL RAILROAD.— Germantown to Chestnut Hill, Pa., 4— total track, 4.63 miles.
Chartered April 10, 1848, and road opened October 16, 1854. Leased to P. & R. RR. Co. from December 2, 1870 ;
rental ($3,988.33 per mile), $16,478 per annum. Dividends, March, June, September, and December, each 3 per
cent., $14,478 ; organization expenses, $2.000. Capital stock, representing cost of road ($29,284 per mile), $120,-
650. Annual meeting, second Monday in January. Books not closed for annual meeting. Books close for divi-
dends about 10 days before payment of same. Stock listed on Philadelphia Stock Exchange. W. W. COLKET,
President ; Wm. W. Stephens, Secretary and Treasurer, Philadelphia, Pa.

COLEBROOKDALE RAILROAD.— Pottstown to Barto, Pa., 12.8— total track, 15.7 miles. Steel
rails, 6.2 miles. Chartered March 23, 1865 ; opened September 12, 1869. Leased for 20 years to P. & R. RR. Co.,
January 1, 1870 ; rental (30 per cent, of gross earnings), year ending June 30, 1890, $15,843.41. Capital stock (par,
$50,), $297,215 ; funded debt, 1st mortgage 6 per cent. 30-year bonds, due June 1, 1898, $600,000 ; unfunded debt,
$269,325.89— total, $1,166,540.89. Cost of road ($52,500.23 per mile), $672,341.93; cash, $83.70 ; profit and loss,
$494,115.26— total, $1,166,540.89. JOSEPH L. BAILEY, President, Pine Iron Works, Pa. ; John Welch, Treasurer ;
Howard Hancock, Secretary, Philadelphia, Pa.

DELAWARE AND BOUND BROOK RAILROAD.— Bound Brook Junction, N. J., to Delaware
River (Pa. Line), 27 miles. Branch : Trenton Junction, N. J., to Trenton, N. J., 3.7 miles. Total length, 30.7
miles. 2d track, 27 miles. Sidings, 12.8 miles. Rail (steel, 57.89 miles), 70 Ibs. Chartered May 12, 1874 ; main
line opened May 1, 1876 ; Trenton Branch in 1877. In connection with the Central RR. of New Jersey and North
Pennsylvania RR., it forms a line between New York and Philadelphia. Leased for 990 years from May 1, 1879,
to the Philadelphia and Reading RR. Co., at an annual rental equalling interest on bonds, maintenance expenses,
and, for the first two years, 6 per cent, on stock, 7 per cent, for the two succeeding years, and 8 per cent, there-
after. Rental, year 1891, $275,000. Payments : Interest on bonds, $123,000 ; dividends (quarterly, February, May,
August, and November, 2 per cent, each), $144,000 ; maintenance of organization, $8,000— total, $275,000. Capital
stock, $1,800,000 ; funded debt, 1st mortgage 7 per cent. 30-year bonds, dated August 2, 1875, interest February
and August, $1,500,000 ; 2d mortgage 6 per cent 20-year bonds, dated May 1, 1879, interest May and November,
$300,000— total, $3,600,000. Contra : Cost of road and equipment, $3,526,389.72.

Annual meeting in Trenton, second Thursday in May. Books close at 3 P.M. on day preceding same, and
reopen on Monday following. Dividends declared on the second Thursday in February, May, August and No-
vember. First mortgage bonds listed on Philadelphia Stock Exchange. Interest on first mortgage bonds is paya-
ble at the Guarantee Trust and Safe Deposit « 'o., Philadelphia ; interest on 2d mortgage bonds and dividends on
stock, at No. 240 South Third Street, Philadelphia, Pa. EDWARD C. KNIGHT, President ; John S. Wise, Sen; -
tary and Treasurer, Philadelphia, Pa. GENERAL OFFICE, Trenton, N. J. Transfer office, Philadelphia, Pa.

EAST MAHANOY RAILROAD.— East Mahanoy Junction to Waste-House Run and branches, 14.1 ;
2d track, 2 6 ; sidings, 7.10— total track (steel), 23.8 miles. Chartered March 9, 1856 ; road opened July 10, 1860.
Leased January 12, 1863, for 99 years to Little Schuylkill RR. Co. ; subleased from July 1, 1868, to P. & R. R.R
Co. Rental (6 per cent, on stock, and $2,000 additional for taxes and sundry expenses.) Rental, year ending No-
vember 30, 1890. $31,323.50; other receipts, $192— total income, $81,515.50. Expenses and taxes, $2,192. Net in-
come, $29,323.50. Dividends paid January 15 and July 15, 1890 (3 per cent, each), $29,323.50. Regular semi-annual
dividends of 3 per cent, have been paid January and July, each year, since January, 1863. Capital stock, $497,750;
sundry credits, $1,991.08— total, $499,741.08. Contra : Cost of road and equipment, $497,792.68 ; cash, $1,948.40—
total, $499,741.08. Dividends payable at 227 South Fourth Street, Philadelphia, Pa. A. A. MCLEOD, President ;
John Welch, Treasurer ; Howard Hancock, Secretary, Philadelphia, Pa.

EAST PENNSYLVANIA RAILROAD.— Readme to Allentown, Pa., 36 miles. 2d track, 18.5 ;
sidings, 17.9 mi' ^. Steel rails, 43.70 miles. Chartered April 21, 1857 ; opened May 11, 1859. Leased to P. & R.
Co., for 999 year.- from May 1, 1869 ; rental, interest on bonds, 6 per cent, on stock, and organization expenses.

POOR'S MANUAL — PHILADELPHIA AND READING SYSTEM. 911

Diridends paid 1890, January 15, July 10 (3 per cent, each), $102,573. Financial Statement. November 30, 1890.—
Capital stock (par, $50), $1,730,450 : funded debt, 1st mortgage 4 per cent. 70-year bonds, due March 1, 1958, $495
OOd • sundrv credits, $45.89 ; income balance, $161,680.94— total, $-2,3*r.l2fi.s3. Cost of road, etc.. sl.'.»U5.586.01 ;
other assets, $481,540.82— total, $2,387.126.83. Animal meeting, second Monday in January. Books close for
annual meeting 60 days prior thereto ; for dividends, January 1 and July 1. Regular semi-annual dividends of 3
per cent, each "have been paid in January and July since May, 1869. The bonds were issued in place of an equa
amount of 7 per cent, bonds which matured March 1, 1888. Stock and bonds listed on Philadelphia Stock Ex-
change. A. A. MeLEoi> President ; John Welch, Treasurer; Howard Hancock, Secretary, Philadelphia, Pa.

EAST TRENTON RAILROAD.— Millham. X. J., to terminus, 2.56 miles. Controlled and operated
by the Philadelphia and Reading KR. in connection with the Delaware and Bound Brook RR., in whose state-
ment operations, earnings, etc., are included. Capital stock, representing cost of road and equipment, $51.-
5lt!.44. EDWARK C. KNIGHT, President ; John S. Wise, Secretary and Treasurer, 240 So. Third Street, Philadel-
phia. Pa.

LITTLE SCHTTYLKILL RAILROAD.— Pt. Clinton to Tamanend, Pa.. 28.1 ; branches, 3— total
track 54 8 miles Chartered February 20. 1826 ; opened in 1831. Leased for 93 years to P. & R. RR. Co. from
July 1, 1868. Rental, year ending November 30, 1891, $216,050.50 ; other receipts, $9.433.52 -total, $225,484.02.
Expenses and taxes. $3,977. 13 ; rental E. M. RR., $31.365 ; dividends January and July (7 per cent.), $182,856.99—
total, $218,199.71. Surplus. $7.284.31. financial *f<i (orient. November 30, 1891. -Capital stock (par, $50), $2,487.-
S50 ; income balance, $10,552.67— total. $-^,49s,402.67. Contra : Cost of road and lands. $2,405.943.75 ; stocks and
other investments, $114,860 : other assets, $84.760.60. Annual meeting, second Wednesday in January. Books
close for dividends 10 to 14 days before payment of same. Stock listed on Philadelphia Stock Exchange. CAR-
KOLL S. TYSON, President ; Jos. Lapsley Wilson, Secretary and Treasurer. 410 Walnut Street, Philadelphia, Pa.

MILL CREEK AND MINE HILL RAILROAD.— Palo Alto to New Castle. Pa., 3.80 ; branches
3.47 ; total track (steel, 3.29). 29 miles. Chartered February 7, 1828 : opened November 3, 1829. Leased July 25,
1861, for 999 years to P. & R. RR. Co.: rental, $33.000 per annum. Dividends (paid January and July, 5 per cent,
each), $32,237.50. Capital stock (par, $25). $323.375. Cost of road, $323,045. A. A. McLEOD, President; P. C.
Hollis, Treasurer, Philadelphia. Pa. .

MINE HILL AND SCHTJYLKILL HAVEN RAILROAD. -Schnylkill Haven to Locust Gap,
Pa., etc., 52.9— total track. 149.7 miles. Chartered March 24, 1828 : opened October 8, 1831. Extensions and
branches built later. Leased May 12, 1864, for 999 years to P. & R. RR. Co.; rental, $326,552, being 8 per cent,
on capital stock. Dividends, January. 4 per cent., and July, 3^ per cent. Capital stock (par, $50), $4,210,200,
representing cost of road. Statement of dividends paid from January, 1833, to July, 1886, given in MANUAL for
1887. BEX.T. H. SHOEMAKER, President, Germantown ; John W. Biddle. Trefifrer; James G. McCollin. Secre-
tary. Philadelphia. Pa.

MOUNT CARBON AND PORT CARBON RAILROAD.— Mount Carbon to Palo Alto, Pa.,
2.50 ; total track (steel, 1.94), 19.5 miles. Chartered July 16, 1842 ; opened February 8, 1844. Leased for 50 years
to P. & R. RR. Co., March 5, 1860 ; rental. $36,250 a year. Dividends paid (January and July, 6 per cent, each)
$33,882. Capital stock, $282,350. Cost of road. $282.815.45. A. A. McLEOD, President; P. C. Hollis, Treasurer,
Philadelphia. Pa.

MOUNT CARMEL AND NATALIE RAILROAD.— Junction P. & R. RR. to Natalie, Pa., 6.5 ;
total track. 8 miles. Rail (steel). 70 Ibs. Chartered March 20, 1891 ; road opened November 5, 1891. Operated by
the Philadelphia and Reading RR. Co. under contract to run for 20 years from March 20. 1891. Capital stock.
$175,000; funded debt, 5 per cent, gold sinking fund 25-year bonds, due June 1, 1916, interest payable June and
December, $175,000— total, $350,000. Interest payable at the office of the trustee and transfer agent, the Farmers'
Loan and Trust Co., New York. JOHN McGiNNis, Jr., President ; James C. Bailey, Treasurer ; 3. G. Case, Sec-
retary. 143 Liberty Street, New York. N. Y.

NORRISTOWN JUNCTION RAILROAD.— In Norristown, Pa., 0.4 mile— total track, 1 mile.
Chartered November 15. 1879. Leased to the Philadelphia and Reading RR. Co. Rental, year ending November
30, 1891. $2.000 ; rents, real estate, $585.44— total income, $2,585.44. Expenses and taxes. $455.31. Net income,
$2,130.13. Paid interest on bonds, $1.900. Surplus, $S30.13. Financial Statement, November 30, 1891.— Capital

authorized,

Cost of road,"$46,213.17 ; investments, $12,816.57: other assets, $939.06— total, $59.968.80. "Interest payable
Montgomery National Bank, Norristown, Pa. JOHN SLTNGLUFF, President ; Howard Boyd, Secretary and Treas-
urer. Norristown, Pa. PRINCIPAL OFFICE, 318 Dekalb St., Norristown, Pa.

NORTH PENNSYLVANIA RAILROAD. -Philadelphia to Bethlehem, Pa., 55.60; branches,
30.80— total. 86.40 miles ; total track (steel, 110.27), 208 miles. Chartered April 8, 1852 : main line opened July 7.
1857. The Delaware River Branch, Jenkintown to middle of Delaware River, 20.50 miles, was opened Januarv'lo
1S76. and connects with the Delaware and Bound Brook RR. Leased for 999 years from May 1, 1879. to P. & R'
RR. Co. Payments quarterly, beginning August 1, 1879. Income for 1891, $899,7:35.80. Paid interest, $492 OCO •
dividends (8 per cent.), $376.954 ; expenses and taxes, $30,781.80— total, $899,735.80. Capital stock (par. $50). fc4,-
720.750 ; funded debt, $7,200,000— total, $11,920,750. Contra ; Cost of road, equipment, real estate, $12.068.834.93.
Funded debt as follows :

Amount. Interest.

1st mortgage 7 p. c. 30-year bonds, due May 1, 1896, interest May and November.. . $1.500,000 $105.000

General mortgage 7 p. c. 30-year bonds, due January 1, 1903, interest January and July 4,500.000 315,000

Six p. c. registered loan of Oct. 1, 1879-Sept. 1, 1905, interest March and September 1,200,000 72.000

— totaV, $7,200.000 ; annual charge, $492,000. Annual meeting, second Monday in January ; books close i
days previously. Dividends declared quarterly, on the second Tuesdays of February, May. August, and Novem-
ber, and payable on the 25th of same months. Interest and dividends payable at 240 South Third Street, Phila-
delphia, Pa. Transfer books close on the day succeeding declaration of dividends, and remain closed ten davs.
Stock and bonds listed on Philadelphia Stock Exchange. E. C. KNIGHT. President ; John S. Wise, Secretary and
Treasurer, 240 South Third Street, Philadelphia, Pa.

PHILADELPHIA AND CHESTER BRANCH. -Gray's Ferry, Philadelphia, to Thurlow, Pa.,
10.5 ; total track, 12.9 miles. Formerly apart of the main line of the P., W. & B. RR. On a re-location of that
line in 1873, bought in the interest of the P. & R. RR. Co.. at a cost of $.350,000. The company has only a nominal
existence.

PHILADELPHIA, GERMANTOWN AND NORRISTOWN RAILROAD.-Philadelphia
to' Norristown. Pa.. 17: Germantown Branch. 3— total, 20 miles; 2d track, 20 miles; total track. 80.34 miles
Chartered February 17. 1831 ; opened August 15, 1835. Leased November 10, 1870, for 999 years from December
1, 1870, to the P. & R. RR. Co. Rental, year ending June 30, 1891, $277.623.35. Paid dividends (12 per cent )
S269.62S. Surplus. $7.995. 35. Dividends quarterly, commencing 4th of March. Capital stock, representincr Cost
of property, $2,246,900. W. S. WILSON. President ; W. W. Stephens, Secretary and Tre^'irer. Philadelphia, Pa.

PHILADELPHIA, HARRISBURG AND PITTSBURGH RAILROAD.-Harrisbunr to
Shippensburg, Pa., 40.6 miles ; total track, 52.8 miles. Consolidation July 24, 189 », of the Harrisburg Terminal

912 POOR'S MANUAL OF RAILROADS.

and the llarrisburg and Shippensburg (formerly Harrisbnrg and Potomac) Ry. Cos. (See MANUAL for 1891 >
Operations, etc., for 1891 not reported. Capital stock, S2.000.OiW ; other liabilities, $1,041,580.45— total $3041-
5SU.45. Contra: Cost of road. <:}.n:«).n:-W.TO : other assets, $1.946.75— total, $8,041,580.45. A. A. McLEOD, Preti-
dent ; W. A. Church. Treasurer; W. H. Taylor, Secretary, Philadelphia, Pa.

PICKERING- VALLEY RAILROAD.— Phrenixvfile to Byer's Station. Pa.. 11.3— total track, 12.7
miles. Chartered April 3. lsr.9 ; leased for 2J) years from September 1. 1871, to the P. A: R. RR. Co., for 30 per
cent, of gross earnings. Rental, June 30, 18UO, $4.473.24. Capital stock (par, ;-\r><M, c:a-,.<;.V) ; funded debt. 1st
mortgage 7 per cent. 30-year bonds, due April 1, 1<K)0, interest April and October, authorized, ifOOO.iNH). $332 300 •
unfunded debt. $507,665.86— total liabilities, |935,620,86. Cost of road, $481,899.06 : cash §14; .09 • profit and loss
$454,074.69— total, $985,620.86. JAS. BOYD, Pre*i<lrnt. Norristown, Pa.; John Welch. Treasurer • Howard Han-
cock, Secretary, Philadelphia, Pa.

PLYMOUTH RAILROAD.— Conshohockeu to Oreland. P.-I., 0.25 miles. Chartered December 9, 1867.
This road was leased for '.hit) years from December 1, 1870, to the Philadelphia and Reading RR. Co., and is oper-
ated in connection with the Philadelphia, Germantown and Norristown RR. by that company. Capital stock (par,
$50), $12,050 ; due the P., G. & N. RR. Co., for advances. $274,495.10— total, representing cost of road, etc., $286,-
645.10. W INFIELD S. WILSON, President, New Centreville, Pa.; Wm. \V. Sti-phens. ,v. cr<-1ur>j and Treasurer.
Philadelphia, Pa.

SCHTJYLKILL AND LEHIG-H RAILROAD.— High's Farm, below Reading, to Slatington, Pa.,
44 miles. Sidings. 3.8 miles. Chartered in 1870 : completed in July. 1874 ; reorganised June 7. 1880. Leased April
11, 1883, for 999 years from May 1. 1883, to P. & R. RR. Co.; rental, 4; per cent, upon 1st mortgage bonds, and f>
per cent, upon capital stock. Under the terms of the lease the first mortgage was reduced from $1,000,000 to
$6uO,UOO, and the interest on the same to 4£ per cent. The principal and interest on this amount are guaranteed
by the lessee company, which owns all of the stock and the second mortgage bonds, the latter having been taken
in exchange for a like amount. ($4iX),000) of first mortgage bonds formerly owned by it. Capital stock (par, «50i,
.*.">' i. ooo : funded debt, 1st mortgage 4', per cent. 30-year bonds, due November 1, 1903, $600,000 : 2d mortgage bonds'
$400,000— total stock and bonds, $1,050,000. Cost of road, etc., $1,068,800.88. A. A. McLKoD, President : John
Welch, Treasurer ; Howard Hancock, Secretary, Philadelphia, Pa.

SCHUYLKILL VALLEY RAILROAD.-Palo Alto to Reeseville, Pa.. 11 : branches. 7.57-total
track. :2'.).3 miles. Chartered March 7, lv>7 : opened in 1830. Leased from July 25, 18til, for 999 years to the P. &
R. RR. Co.: rental, 5 per cent, on the capital stock. $576,050. Cost of road. $570,840.94. A. A. McLEOD. Presi-
dent; P. C. Hollis, Treasurer, Philadelphia, Pa.

SHAMOKIN, SUNBTJRY AND LEWISBTJRG RAILROAD. — Shamokin, Pa., to West
Milton, 31.10 miles. 2d track, 20.5 ; sidings, 10.5 miles. Rail (steel, 57.54 miles), 68 Ibs. Chartered February Ifi,
1882 : road opened in June. 1883. Leased for 999 years from June 2, 1883, to the Philadelphia and Reading 'RR.
Co., by which company it was built, and which received therefor the entire issue of stock and bonds. Financial
Statement, June 30, 1890 : Capital stock (par, $50), $2,000,000 ; funded debt (1st mortgage 5 per cent. 30-year bonds.
due May 1, 1!)12, interest at P. & R. office. May and November, $1,000,000 ; 2d mortgage 6 per cent, bonds, dated
1890, due 19:25, interest January and July, $1,000,000), $2,000,000 ; sundry credits, $250.46— total, $4,000,250.45.
Contra : Cost of road, etc., $3.048,261.62 ; other assets, $951,988.83— total, $4,000,250.45. Annual meeting, second
Monday in January. Books close 60 days previously. Bonds listed on Philadelphia Stock Exchange. A. A.
, President ; John Welch, Treasurer ; Howard Hancock, Secretary, Philadelphia, Pa.

TAMAQTJA, HAZLETON AND NORTHERN RAILROAD.— Hazleton to Lofty, Pa.. 10
miles. Chartered May 14, 1891, and road completed before the close of the same year. Connects the Cata\vis>a
branch of the Philadelphia and Reading with the Delaware. Susquehanna and Schuylkill RR. Operated by the
P. & R. RR. Co. Capital stock ($50 shares), $300.000. representing cost of road. A. A. McLEOD, President ; W.
A. Church, Treasurer ; W. R. Taylor, Secretary, Philadelphia, Pa.

Board of Managers, Philadelphia and Reading RR. Co., elected January 11, 1892.

A. J. Antelo ....... Philadelphia, Pa. I George de B. Keim. Philadelphia, Pa. 1 Thomas Dolan ..... Philadelphia, Pa.

Sam. R. Shipley. .. " I Thomas Cochran .. " " | James Boyd ......... Norristown. Pa.

A. A. McLEOD, President and General Manager, Philadelphia, Pa.
T) wwrer— William A. Church ....... Philadelphia, Pa. | Secretary— W. R. Taylor .............. Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS ....... 227 South Fourth Street, Philadelphia, Pa.

PHILADELPHIA AND READING SYSTEM.— ATLANTIC CITY RR. CO.

Main Line of Road.— Camden, N. J., to Atlantic City, N. J 56.86

Williamstown Branch : Atco to Mullica Hill, N. J 22.72

Gloucester Branch : Camden to Mount Ephraim, N. J

Leased : Brigantine Beach RR.: Brigamiue Junction to Brigantine, N. J. 14.00 — 97.46 miles.
2dHrack, 56.80 ; sidings, etc., 25.70 miles. Gauge, 4 ft. 8£ in. Kail (steel, 170.36 miles),
56, 60, and 70 Ibs.

History. — For history of this company, see MANUAL for 1889, page 337. Controlled by
the^Philadelphia and Heading UK. Co.

Rolling Stock, November 30, 1891.— Locomotive engine?, 23. Cars— passenger, 49;
baggage, mail, and express, 13 ; freight (box, 4 ; platform, 8 ; caboose, 3), 77 ; other cars,
\ — total cars, 78.

Operations for year ending June 30, 1891. — Earnings — passenger, $528,846.38; freight,
$249,938.90 ; other, $26,861.74— total, $805,647.02. Expenses, $682,079.42. Net earning*,
$123,567.60.

Financia* Statement, June 30, 1991.— Common stock (par, $50), $1,200,000 ; preferred

POOR'S MANUAL OF KAILROADS. 913

stock (pur, $50), $1,000,000 ; funded debt outstanding, $2,200,000 ; bonds and mortgages on
real estate, $13,570 ; current accounts, $856,117.94— total, $5,269,687.94. Contra : Cost of
road, $4,555,832.64; rolling stock, $450,181.82; current accounts, $201,880; balance, profit
and loss, $61,793.40— total, $5,269,587.86.

F»nded debt consisted June 30, 1891, of first mortgage 5 per cent. 30-year $1,000 coupon
b»nds, with privilege of registration for principal, dated May 1, 1889, interest payable May
and November, at company's office. Trustees, Guarantee Trust and Safe Deposit Co., Phila-
delphia, Pa. Annual meeting, first Monday in May, at Kaighn's Point, Camden, N. J.

Directors (elected May 4, 1891).— A. A. McLeod, \V. S. Massey, H. T. Naisby, Phila-
delphia, Pa. ; Albert Foster, Riverton, N. J. ; S. Garwood, Williamstown, N. J. ; E. H.
King, H. C. Felton, J. A. Bodine, Camden, X. J.; T. B. Gibbs, Clementon, X. J.; J. M. Hall,
Milford, Del.; R. S. Davis Atlantic City, X. J. ; A. G. Richey, Trenton, N. J.

A. A. McLEOD, President.. Philadelphia. Pa.

Robert S. Davis, Managing Director Camden, N. J.

Secretary— R. W. Taylor "Philadelphia, Pa. | Treasurer— W. A. Church Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS 227 South Fourth Street, Philadelphia, Pa.

PHILADELPHIA AND READING SYSTEM.— BLOOMSBTJRG BELT RAIL-
ROAD COMPANY.

Line of Road.— At Bloomsburg, Pa 0.5 mile.

Gauge, 4 ft. Rail, — Ibs.

History. — Organized January 28, 1889. This company is now constructing its road with
money advanced to it by the Philadelphia and Reading RR. Co. as stockholders. The
amount so advanced is $4,400, which has been expended in construction.

Directors. — John Jameson, Peter Harmau, Bloomsburg, Pa. ; \V. G. Tetter, William
Ever, W. H. Rhawn, Catawissa, Pa.

JOHN JAMESON. President Bloomsburg, Pa.

W. G. Tetter, Vice-President Catawissa, Pa.

Secretary— W. H. Rhawn Catawissa, Pa. | Treasurer— A. H. Church Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS Catawissa, Pa.

PHILADELPHIA AND READING SYSTEM.— BRIG ANTINE BEACH RR. CO.

Line of Road. — Pomona, X. J., to Brigantine Beach, N. J 14 miles.

Sidings, about 1.5 miles. Gauge, 4 ft. 8.^ in. Rail (steel), 60 Ibs.

History.— Chartered August 7, 18*9 ; road opened for traffic August 21, 1890. Controlled
by the Philadelphia and Reading RR. Co. Leased to the Atlantic City RR. Co.

Financial Statement, February 1, 1892. — Capital stock (authorized, $370,000 ; par, $100),
$335,000 ; funded debt outstanding (1st mortgage 5 per cent. 30-year $500 coupon bonds,
dated Xovember 1, 1889, interest payable May and Xovernber), s350,000 — total stock and
bonds, $705,000.

Annual meeting, first Monday in May, at Brigantine, X. J. Trustee of bonds, Holland
Trust Co., Xe\v Tork, X. T., at whose office interest is payable. Bonds listed on the Phila-
delphia Stock Exchange.

Directors (elected May 2, 1892).— J. B. Van Woert, Jo.-eph W. Coffin, Edward L.
Suffern. A. S. Patterson, E. C. Stout, Xew Tork, X. T. ; Joseph Thompson, Clarence L.
Cole, Samuel E. Perry, Atlantic City. X. J. ; Chailes W. Packer, J. Washington Miller,
Phineas Garrett, E. Clarence Miller, Philadelphia, Pa.; E. B. Smith, Brigantine, X. J.

J. W. COFFIN, President Xew Tork. X. T.

Phineas Garrett, \st Vice-President Philadelphia, Pa.

2d Vice-Pres.— Joseph Thompson... Atlantic City, X. J. ! tec. and Trea*.—E. Clarence Miller.. Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS 802 Provident Building, Philadelphia, Pa.

58

914

POORS MANUAL OF RAILROADS.

PHILADELPHIA AND READING SYSTEM.— CAMDEN COUNTY RR. CO,

Line of Road. — Mt. Ephraim, N. J., to Spring Mills, N. J 7.3 miles. .

Sidings, 0.6 mile. Gauge, 4 ft. 8£ in. Rail (steel, 7.7 miles), — Ibs.

History. — Chartered September 17, 1889 ; road opened in May, 1891. Controlled by
the Philadelphia and Reading RR. Co.

Operations, etc.— Not reported.

Financial Statement. — Capital stock (par, $50), $100,000 ; funded debt (1st mortgage 5
per cent. 20-year bonds, due 1920, interest payable* April and October, at 227 South Fourth
St., Philadelphia, Pa. ; authorized, $100,000), outstanding, $39,000— total stock and bonds,
$139,000.

Annual meeting, first Monday in May, at Kaighn's Point, Camden, N. J. Trustee of
bonds, Guarantee Trust and Safe Deposit Co., Philadelphia, Pa.

Directors.— F. R. Brace, Frank Bateman, Grenlock, N. J. ; M. D. Sarfaty, Hilltop,
N. J. ; Albert Foster, Riverton, N. J. ; W. R. Taylor, Philadelphia, Pa. ; R. S. Davis, Cam-
den, N. J. ; Samuel Garwood, Williamstown, N. J.

A. A. McLEOD, President Philadelphia, Pa.

Treasurer— W. A. Church Philadelphia, Pa. | Secretary— W. R. Taylor Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS 227 South 4th St., Philadelphia, Pa.

PHILADELPHIA AND READING SYSTEM.— CATASAQUA AND FOGELS-
VILLE RAILROAD COMPANY.

Main Line of Road.— Catasaqua, Pa., to Rittenhouse Gap, Pa 27.30 miles.

Sidings, 4.4 miles. Gauge, 4 ft. 8£ in. Rail (steel, 16 miles), 50 Ibs.

History.— Chartered April 5, 1853 ; road opened July, 1857. In November, 1890, the
Philadelphia and Reading RR. Co. acquired control of this road.

Rolling' Stock, June 30, 1891. — Locomotive engines, 6. Cars — passenger, 5 ; baggage,
mail, and express, 1 ; freight (box, 2 ; platform, 4), 6 — total cars, 14.

Operations for year ending June 30, 1891.— Train mileage— passenger, 80J; freight, 39,-
173 ; mixed, 24,960— total, 64,213 miles. Passengers carried, 16,934 ; carried one mile, 90,735;
average mile rate, 3.50 cents. Tons freight moved, 309,331 ; moved one mile, 3,383,065 ;
average ton-mile rate, 3.15 'cents. Earnings— passenger, $3,177.18; freight, $106,387.07;
other, $483.48— total ($4,031.06 per mile), $110,047.73. Operating expenses ($2,209.82 per
mile). $60,328.15. Net earnings (36.51 per cent.), $40,176.87; add other receipts, $10,754.14
—total, $50,931.01. Payments : Interest on bonds, $6,750; dividends (10 p. c.) on stock,
$42,690 ; other payments, $4,004.14— total, $50,931,01. Deficit, $2,513.13 ; surplus forward,
$217,652.41— net surplus, $215,139.28.

General Balance Sheet, June 30, 1891.

Cost of Road $576,700 72

Cost of Rollins Stock 135,150 00

Current Accounts 78,800 26

Sundries 2,662 96

Total Assets...

, $793,313 94

Capital Stock (par, $25) $426,900 00

Funded Debt Outstanding 135,00000

Current Accounts 16,274 66

Profit and Loss 215,13928

Total Liabilities $793,313

The funded debt consists of income and collateral trust 5 per cent. $1,000 coupon bonds,
due July 1, 1893 (extended from July 1, 1888), interest payable January and July.

The following dividends have been paid on the first Monday in November each year by
this company: 1862, 6 per cent.; 1866, 6 per cent.: 1867, 6 per cent, stock; 1868 to 1877
inclusive, 6 per cent, each ; 1878, 8 per cent.; 1879, 6 per cent.; 1880 to 1887 inclusive, ]2
per cent, each ; 1888, 1889, and 1890, 10 per cent, each.

Annual meeting, first Monday in November. Interest and dividends payable at Catasau-

POOR'S MANUAL OF RAILROADS. 915

qua, Pa. Whole number of dividends paid to date, 28. Dividends payable first Mdnday in
November. Register of stock, John Williams, Catasauqua, Pa.

Directors (elected November 2, 1891). — Samuel Thomas, Leonard Pickett, Catasauqua,
Pa.; John T. Knight, Easton, Pa.; B. G. Clarke, New York, N. Y. ; Samuel Dickson, William
S. Pilling, James M. Hodge, Charles Stuart Wurts, Philadelphia, Pa.; John Thomas, Hoken-
dauqua, Pa.; Daniel Runkle, Philipsburg, N. J.

A. A. McLKOD, President Philadelphia, Pa.

Treasurer— "V? . A. Church Philadelphia, Pa. | Secretary— W '. R. Taylor Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDBESS Philadelphia, Pa.

PHILADELPHIA AND READING SYSTEM.— CHESTER AND DELAWARE
RIVER RAILROAD COMPANY.

Line of Road.— Thurlow, Pa., to Eddystone, Pa 4.8 miles.

Sidings, etc., 3.5 miles. Gauge, 4 ft. 8i in. Rail (steel, 0.10 mile), — Ibs.

History— Chartered October 9, 1873 ; road opened in 1876. Controlled by the Philadel-
phia and Reading RR. Co. through ownership of stock.

Operations, etc. — Not reported.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $39,550 ; real estate
mortgages, $12,300 ; floating debt (advances by P. and R. RR. Co.), $200,131.84— total,
representing cost of road, etc., $251,981.84.

Annual meeting, second Monday in January, at Philadelphia, Pa.

Directors. — Geo. de B. Keim, Jas. Boyd, Thomas Cochran, S. R. Shipley, Thomas
Dolan, A. J. Antelo, Philadelphia, Pa.

A. A. McLEOD, President Philadelphia, Pa.

Treasurer— John Welch Philadelphia, Pa. | Secretary— Howard Hancock Philadelphia, Pa_

PRINCIPAL OFFICE AND ADDRESS .227 South 4th St., Philadelphia, Pa.

PHILADELPHIA AND READING SYSTEM.— GETTYSBURG AND
HARRISBTJRG RAILWAY COMPANY.

Main Line of Road.— Hunter's Run, Pa., to Gettysburg, Pa 22.2

Round Top Branch : Gettysburg, Pa., to Round Top, Pa 3.0

Hunter's Run Branch : Carlisle, Pa., to Hunter's Run 9.4 — 34.6 miles.

Sidings, etc., 25 miles. Gauge, 4 ft. 8| in. Rail (steel, 14.6 miles), 56 Ibs.

History.— Consolidation August, 1890, of the Gettysburg and Harrisburg RR. Co. (char-
tered in October, 1883 ; road opened in April, 1884) and the South Mountain Ry. and Mining
Co. (chartered August, 1887). (See MANUAL for 1891, pp. 222 and 530.) The Gettysburg
and Harrisburg RR. Co. owned the main line and Round Top branch, as above, and the South
Mountain Ry. and Mining Co. owned a line from Carlisle, Pa., to Pine Grove Furnace, Pa.,
a distance of 17.78 miles. Of this latter line only the portion from Carlisle to Hunter's Point,
9.4 miles, is included above, the remainder, from Hunter's Run to Pine Grove Furnace, 8.38
miles, is leased to the Hunter's Run and Slate Belt RR. Co., of which J. C. Fuller, Pine Grove
Furnace, Pa., is President. Controlled by the Philadelphia and Reading RR. Co.

Rolling Stock, November 30, 1891. — Locomotive engines, 2. Cars — passenger, 10 ; bag-
gage, mail, etc., 2 ; freight (coal), 2 ; other, 8 — total cars, 22.

Operations for year ending June 30, 1891. — Train mileage — passenger. 47,061 ; freight,
14,107— total, 61,168 miles. Passengers carried, 74,220 ; carried one mile. 1,150,410. Tons
of freight moved, 34,310; moved one mile, 513,299. Earnings — passenger, $21,415.73:
freight, $12,858.14; other, $955.83— total, $35,229.72. Expenses— transportation, $14,014.17;
motive power and car*, $3,521.50 ; maintenance of way, etc., $11,345.17 ; general, $3,741.43.
—total, $32,622.27. Net earnings (7.40 percent.), $2,607.45.

916 POOR'S MANUAL OF RAILROADS.

FinaiicialStatement, November 30, 1891.— Capital stock (par, $50), $600,000; funded debt
(1st mortgage 5 percent. $1,000 bonds, dated 1891, due 1926, interest payable April and
October ; authorized, $565,000), outstanding. $185,000— total stock and bonds, $785,000. In-
terest on bonds payable at 227 South 4tli Street, Philadelphia, Pa. Annual meeting, second
Tuesday in January, at 227 South 4th St., Philadelphia. Trustee of bonds, Guarantee
Trust and Safe Deposit Company, Philadelphia, Pa.

Directors (elected January 4, 1892).— J. H. Loomis, J. M. Landis, R. Weston, C. C.
Midwood, H. T. Nai^by, R.'Tull, Philadelphia, Pa.

A. A. McLEOD, President Philadelphia, Pa.

Treasurer- W '. A. Church Philadelphia, Pa. j Secretary- W, R. Taylor Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS 227 South Fourth Street, Philadelphia, Pa.

PHILADELPHIA AND READING SYSTEM.— MIDDLETOWN AND
HTIMMELSTOWN RAILROAD COMPANY.

Line of Road. — Middletown, Pa., to Hummelstown, Pa 6.6 miles.

Sidings, 1.8 miles. Gauge, 4 ft. 81 in. Rail (steel), 60 Ibs.

History. — Chartered July 31, 1888; road opened August 11, 1890. Controlled by the
Philadelphia and Reading RR. Co., which owns the entire capital stock.

Operations for year ending June 30, 1891. — Train mileage — passenger, 17,030 ; freight,
10,691— total, 27,721 miles. Passengers carried, 47,842 ; carried one mile, 241,441. Tons
freight moved, 21,532 ; moved one mile, 149,426. Earnings — passenger, $5,796.88 ; freight,
$5,265.69; other, $51.37— total, $11,113.94. Operating expenses, $15,549.25. Deficit,
$4,435.31.

Financial Statement, June 30, 1891.— Capital stock, $175,000 ; current accounts, $26,-
344.75— total, $201,844.75. Contra : Cost of road, $121,820.88 ; cash and accounts, $75,000 ;
profit and loss, $4,523.87— total, $201,344.75.

Annual meeting, fourth Tuesday in January, in Philadelphia, Pa.

Directors.— I. A. Sweigard, C. Gr. Hancock, B. H. Bail, W. R. Taylor, R. S. Davis, Geo.
Fiegler, C. K. Kliuk, C. E. Metzler, H. T. Naisby, Philadelphia, Pa.

A. A. McLEOD, President Philadelphia, Pa.

Treasurer— W. A. Church Philadelphia, Pa. | Secretary— W. R. Taylor Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDKESS 227 South 4th St., Philadelphia, Pa.

PHILADELPHIA AND READING SYSTEM.— NORTHEAST PENNSYL-
VANIA RAILROAD COMPANY.

Line of Road. — Glenside, Pa., to New Hope, Pa 25.6 miles.

Sidings. 2.4 miles. Gauge, 4 ft. 84 in. Rail (steel, 27 miles), 56 Ibs.

History. — Chartered December 14, 1870 ; road opened from Abington to Hartsville, 95
miles, December 18, 1872 ; as extended, on March 29, 1891. Controlled by the Philadelphia
and Reading RR. Co., through ownership of stock.

Operations for year ending June 30, 1891. --Train mileage — passenger, 57,026; freight,
9? 140— total, 66,166 miles. Passengers carried, 188,125; carried one mile, 1,197,296; average
mile rate, 1.965 cents. Tons freight moved, 42,924 ; moved one mile, 368,745 ; average ton-
mile rate, 4.759 cents. Earnings— passenger, $24,625.63; freight, $17,549.01— total, $42,-
174.64. Operating expenses, $41,091.39. Net earnings, $1,083.25.

Financial Statement, November 30, 1891.— Capital stock, $400,000 ; funded debt, 1st
mortgage 5 per cent. 30-year bonds, due April 1, 1920, interest April and October, $400, (00 ;
—total, $800,000. Contra: Cost of road, $685,644.41.

POOR'S MANUAL OF RAILROADS. 917

Annual meeting, second Monday in January, at Philadelphia, Pa. Trustee of bond?,
Guarantee Trust and Safe Deposit Co., Philadelphia, Pa.

Directors.— A. A. McLeod, A. J. Antelo, Thomas Dolan, P. C. Hollis, Isaac Warner, Jr.,
I. Newton Evans, Samuel L. Thompson, Chas. H. R. Triebels, Albert S. Pax si m, Philadelphia,
Pa.: James Boyd. Norristown, Pa.

EDWARD C. KXIGHT, President Philadelphia. Pa.

Vice- President— £.. A. McLeod Philadelphia, Pa. | Sec. and Treas.— John S. Wise Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS. 227 South 4th St., Philadelphia, Pa.

PHILADELPHIA AND READING SYSTEM.— PHILADELPHIA AND
CHESTER VALLEY RAILROAD COMPANY.

Line of Road.— Bridgeport to Downingtown, Pa 21.5 miles.

Sidings, '3.2 miles. Gauge, 4 ft. 83 in. Rail (steel, 8.5 miles), Ibs.

History.— Chartered March 7. 1888, as successor to the Chester Valley RR. Co. (See
MANUAL for 1891.) Controlled by the Philadelphia and Heading RR. Co. through ownership
of stock.

Operations for year ending June 30, 1891. — Train mileage — passenger, 31,519 ; freight,
28,438 — total, 59,957 miles. Passengers carried, 54.526; carried one mile, 399,302; average
mile rate, 2.340 cents. Tons freight moved, 151,723 ; moved one mile, 1,469,391 ; average
mile rate, 2.917 cents. Earnings— passenger, f 10,067.05 ; freight, $42,859.95 ; other, $386.08
—total, $53,313.08. Operating expenses, $43,264.88. Net earnings, $10,048.20.

Financial Statement, November 30, 1891. — Capital stock (common. $550,000 ; preferred,
$-205,100 ; par, $50), $755,100 ; funded debt, preferred 5 per cent. 50-year bonds, due in 1938,
interest April and October, $280.510 ; 4 per cent. 50-year bonds, due 1938, interest April and
October, $100,000— total, $1,135.610. Contra: Cost of road, $1.086,372.65.

Annual meeting, first Monday in May, at company's office, Philadelphia. Pa. Trustee of
bonds, Pennsylvania Company for Insurance of Lives and Granting Annuities.

Directors.— Geo. de B. Keim, A. J. Antelo, J. M. Laudis, \V. R. Taylor. A. H. O'Brien,
F. G. Odenheimer, Philadelphia, Pa.

A. A. McLEOD, President Philadelphia, Pa.

Treasurer— W. A. Church Philadelphia, Pa. | Secretary— W. R. Taylor Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS 227 So. 4th St., Philadelphia, Pa.

PHILADELPHIA AND READING SYSTEM.— READING AND COLUMBIA

RAILROAD COMPANY.

Main Line of Road. — Columbia, Pa., to Sinking Springs, Pa 39.50 miles.

Lancaster Branch : Lancaster Junction to Lancaster 8.00 miles.

Mount Hope Branch ; Manheim to Mount Hope 5.20 miles.

Leased : Lancaster and Reading Narrow Gauge RR. (Quarryville Br.) 15.30 miles.

Operated : Reading, Marietta and Hanover RR 6.30 miles.

Total length of railroad owned, leased, and operated 74.30 miles.

Sidings, etc., 16.20 miles. Gauge, 4 ft. 84- in. Rail, iron (67.43 m.), 56 and 68 Ibs. ; sseel
(26.83m.), 60 and 70 Ibs.

History.— Chartered May 19, 1857 ; opened April 1, 1864. The road is controlled by the
Philadelphia and Reading RR. Co., but all accounts are kept separately.

Rolling Stock, November 30, 1891.— Locomotive engines, 11. Cars — passenger, 14 ;
baggage, etc., 1 ; freight (box, 4; platform, 16; stock, 6 ; caboose, 6), 32 ; other, 13 — total
cars, 60.

918

POOR'S MANUAL OF RAILROADS.

Operations for year ending November 30, 1891.— Train mileage, passenger, and freight

statistics, not reported.
Earnings. — Passenger

Merchandise

Coal

Mail

Miscellaneous. . .

.$129,333 41

127,714 57

72,337 66

4,257 58

5,086 85

Kx pen ses. —Transportation .

Roadway

General . . .

.$179,356 64

. 60,746 46

4,091 94

Total ($4,558.95 per mile) $838,730 07 Total ($3,286.69 per mile) $244,195 04

Net earnings (27.99 per cent.), $94,535.03. Payments : Interest, $110,000 ; rentals leased
roads, $24,500 ; sundries, $7,756.22— total, $142,256.22. Balance, surplus, $47,721.19.

General Balance Sheet, November 30, 1891.

Construction. . .

Equipment

Real Estate

Materials

Cash on Hand..

$2,129,820 87

245,241.18

67,51191

1,82600

1,854 60

Sundry Debits 238,315 94

Profit and Loss... . 1,234,81893

Capital Stock $957,200 00

Capital Stock— Fractional 1,068 09

Capital Stock— Scrip 105 00— $958,373 09

Funded Debt Outstanding 2,000,000 00

Real Estate Mortgages 9,166 67

Sundry Credits 951 ,849 67

Total Assets $3,919,389 43 Total Liabilities $3,919,389 43

Funded debt ($2,000,000) consisted November 30, 1891, of—
1st mtge. extended 5 p. c. bonds, due Mar. 1, 1912 (coup, and regist'd, $100, $500, $1,000), int. Mar. & Sep. $650,000 00

2d mtge. extended 5 p. c. bonds, due June 1, 1904 (coupon, $1,000), interest June and December 350,000 00

Debenture 6 p. c. ($1,000) coupon bonds, dated Nov. 30, 1877, due Dec. 1, 1917, interest June and Dec.. 1,000,000 00

Annual meeting, second Monday in January, in Phi ladelphia, Pa. Books close for annual
meeting 60 days previously. Interest payable at 227 South 4t,b St., Philadelphia, Pa

RAILROADS LEASED OR OWNED BY THE READING AND COLUMBIA RR. Co.

LANCASTER AND BEADING NARROW GAUGE RAILROAD (Quarryville Branch). -
Lancaster to Quarryville, Pa., 15.30— total track, 19.22 miles. Gauge, 4 ft. 8i in. Chartered September 9, 1871.
Road opened May 12, 1875. Leased to Reading and Columbia RR. Co. March 11, 1874, for 999 years ; rental, 30 per
cent, of gross receipts, with a guarantee of interest on bonds. Capital stock (par, $50), $82,720 ; funded debt,
1st mortgage 7 per cent. 20-year bonds, due July 1, 1893, $350,000— total liabilities, $432,720. Cost of road, etc.,
to date of lease, $142,041.43. A. H. PEACOCK, President ; W. Leaman, Treasurer. Lancaster, Pa.

READING, MARIETTA AND HANOVER RAILROAD. -Marietta Junction to Chickies,
Pa., 6.36 — total track, 6.81 miles. Organized in 1876 under the name of the Hanover Junction and Susquehanna
RR. to build a road from Landisville, Pa., to Hanover Branch, Pa., 34 miles. In September, 1881, the road, upon
which 17 miles were then graded, was sold under foreclosure, and purchased for account of bondholders, who
reorganized under present name, and subsequently conveyed it to parties in the interest of the Philadelphia and
Reading RR. Co. Road opened as above in March, 1883. " Operated by the Reading and Columbia RR. Co. Cap-
ital stock, $250,000. Cost of road, etc., $138,476.21. A. A. McLEOD, President ; Howard Hancock, Secretary,
Philadelphia, Pa.

Board of Directors, Reading and Columbia RR. Co., elected January 11, 1892.

A. J. Antelo Philadelphia, Pa. I H. L. Haldeman Chickies, P».

J. N. Hntchinson.. " B. F. Hiestand Marietta, Pa.

T. Baumgardner Lancaster, Pa. A. D. Rover Denver, Pa.

W. Latimer Small York, Pa. | Thomas Dolan Philadelphia, Pa.

James Boyd Morristown, Pa.

Thomas Cochran. .Philadelphia, Pa.
Samuel R. Shipley.
B. Keim..

Geo. De

A. A. McLEOD, President Philadelphia, Pa.

Secretary— Howard Hancock Philadelphia, Pa. | Treasurer— John Welch Philadelphia, Pa.

PRINCIPAL OFFICE 227 South 4th Street, Philadelphia, Pa.

PHILADELPHIA AND READING SYSTEM.— RUPERT AND BLOOMSBURG

RAILROAD COMPANY.

Line of Road. — Rupert, Pa., to Bloomsburg, Pa 1.6 miles.

Sidings, 0.7 mile. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History.— Chartered December 31, 1888 ; road opened in August, 1889. Controlled by
the Philadelphia and Reading RR. Co.

Operations for year ending June 30, 1891. — Train mileage — passenger, 10,100 ; freight,
772— total, 10,872 miles. Passengers carried, 49,186 ; carried one mile, 78,120 ; average mile
rate, 3.45 cents. Tons freight moved, 24,405; moved one mile, 45,416 ; average ton-mile rate*
9.89 cents. Earnings— passenger, $2,791.19 ; freight, $4,493.46 ; other, $3.34— total, $7,-
289.99. Operating expenses, $9,946.14. Deficit, $2,656.15.

POORS MANUAL OF RAILROADS.

919

Financial Statement, June 30, 1891.— Capital stock (par, $50), $50,000; current ac-
counts, $12.707.11— total, $62,707.11. Contra : Cost of road, $55, 767. 57 ; stocks owned, $122
cash and current assets, $1,147.H5 ; profit and loss, $5,669.89— total, $62,707.11.

Annual meeting, first Monday in May, at company's office, Philadelphia, Pa.

Directors.— A. H. O'Brien, W. A. Church, W. R. Taylor, W. G. Brown, W. B. Scott,
James M. Landis, Philadelphia. Pa.

A. A. McLEOD. President Philadelphia, Pa.

Treasurer— \\ . A. Church Philadelphia, Pa. [ Secretary— W . R. Taylor Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS 227 South 4th St., Philadelphia, Pa.

PHILADELPHIA, WILMINGTON AND BALTIMORE RAILROAD CO.

Main Line of Road.— Philadelphia, Pa., to Baltimore, Md 94.99 miles.

Brandy wine Branch : Landlith to Augustine Mill, Del 2.14

.Southuark Branch : On Washington Ave. and Swanson Street, in Phila.. 1.37
New Castle & Wilmington Br. : Delaware Jc. to Shellpot Crossing, Del. . . 0.96

JShellpot Branch : Edgemoor. Del., to near Newport, De 5.30

Newark and Delaware City RR. : Newark to Delaware City, Del 11.79 — 21.56 miles.

Railroads oper. : For particulars, see below ; see also subjoined statements. 402. 34 miles.

Total length of all lines operated, October 31, 1891 • 518-89 miles.

Statement showing the mileage of track on the P., W. and B. Roads, October 31, 1891 :

Main Second Third Fourth Sidings Private Total Steel
Track. Track. Track. Track. Owned. Sidings. Track. Rail.

M. M. M If. If. V. M. V.

Phila., Wilm. & Bait, proper llfi.55! 93.12 6.12 0.46 87.14 20.55 323.94 266.80

Phila. & Bait. Central RR 73. (W 12.70 IS. 44 9.16 113.98 89.91

Chester Creek RR t>.i><) 2.3:> 1.11 10.15 6.61.)

Delaware Railroad 117. 00 18.44 27.96 1.38 164.78 130.63

Queen Anne & Kent RR v'o.'.xi 2..14 28.44 3.7S

Delaware & Chesapeake Rv ... 54.30.. 60.68 38.93

Del.,Md. &Va. RR.: " 1>7.53 14.21 0.09 111.83 32.52

Cambridge and Seaford RR W.84 ...• 1.57 0.06 28.87 0.52

Total... 518.89 124.26 6.12 0.40 160.59 32.35 842.67 569.78

Gauge, 4 ft. 9 in. Rail, 54 to 85 Ibs.

History. — Consolidation, February 5, 1838, of the Philadelphia and Delaware County,
the Wilmington and Susquehanna. the Delaware and Maryland, and the Baltimore and Port
Deposit RR. Cos. The railroad was completed in July, 1837 ; the viaduct over the Schuyl-
kill in 1838. For subsequent history, see MANUAL for 1891, and for terms under which sub-
sidiary lines are operated, see subjoined statements.

The lines are operated by divisions, as follows : Main line and branches, comprising the
Maryland Division ; Delaware RR., Queen Anne and Kent RR., Delaware and Chesapeake
Ry., Delaware, Maryland and Virginia RR., and Cambridge and Seaford RR., comprising
the Delaware Division ; and the Philadelphia and Baltimore Central RR., operated as the
Central Division. The New Castle branches (formerly the New Castle and Frenchtown and
the New Castle and Wilmington RRs.) extending from Rodney to Shellpot Crossing, 11.21
miles, and the New Castle Cut-off, 5.51 miles, were sold to the Delaware RR. Co., on July 1,
1891. In this statement their operations are included in the Maryland Division for 8 months
of the year, and with the Delaware RR. for 4 months, and their mileage is divided propor-
tionately.

Under an arrangement made with the Baltimore and Potomac and the Washington
Southern RRs., those roads have been operated by this company since November 1, 1891.

Rolling Stock, October 31, 1891. — Locomotive engines, 208. Cars — passenger, 305 ;
baggage, 49 ; express, 23; freight (box, 1,306; stock, 32; gondola, 453; flat, 297: lime, 15;
cabin, 74), 2,177 ; service, 373— total cars, 2,927.

920 POOR'S MANUAL — PHILADELPHIA, WILMINGTON AND BALTIMORE RR. co.

Operations by divisions for year ending October 31, 1891 :

Maryland
Division.

Central
Division.

DELAWARE DIVISION.

Total.

Delaware
RR.

Delaware
& Chesa-
peake Ry.

Queen
Anne &,
Kent Ry.

Delaware,
Md. &Va.
RR.

Camb. &
Seaford
RR.

Miles of Railroad.

127.70

1,993,117
1,693.625

51,876
3,738,618

5,186.709
110,125.340
3,803,941
139,969,989

$

2,326,897 39
1,928,820 22
143,512 57

152,8JI5 12
204,557 86

80.37

602,973
195,137

17,640
815,750

3,155,411
31,914,182

543,588
11,146,982

$

578,236 89
337,280 70
9,022 00
16,449 98
31,025 08

111.43

54.30

25.90

97.53

27.24

518.89

3,221,060
2,551.501
91,775-
5,864,336

Passenger Engine Miles
Freight Engine Miles. .
Other Engine Miles....
Total Engine Miles

Passengers Carried
Passenger Miles
Freight (tons) Moved.. .
Freight (ton) Miles

Earnings— Passenger. . .
Freight
Mail
Express
Rents and Misc . .

Total

624,970
662.739
22,259

1,309,968

608,509
13,138,740
1,280,076
59,606,326
$
310,355 14
740,243 27
15,549 69
29,726 01
4,058 36

60,939
1,054,524
52,582
1,459,295
$
26,834 19
63,323 82
3,803 04
1,419 79
396 53

29,859
350,989
38,714
508,755
$
10,333 77
28,166 12
1,687 52
82358
46878

120,177
2,394,600
138.379
5,444.387
$
53.706 25
145,510 03
6,13694
2,58054
346 85

27,044 * 8,540,505
367,278 159,345.053
22,712 * 3,785,576
410,931 218,546,665
$ S '
9,946 49|3,316,310 12
8,724063,252,06882
1,616 96 181,328 72
508 75 204,403 77
33 76 240,887 22

4,756,683 16
650,11988
881,104 84
449.552 59
1,402,392 91
57,029 52

972.014 65

216,578 79
191,006 06
35,026 18
312,856 25
9,498 55

1,099,93247
123,662 20
202,055 31
45,630 95
336,751 34
12,755 11

95,777 37
46,70019
23,761 17
4,364 45
29,230 98
6059

41,479 77
19,250 45
11,95051
3,077 96
13,073 69
26851

208,280 61
59,450 83
46,203 51
10,15842
62,804 24
8016

20.830 62
16,7^9 12
6,999 05
1.959 54
10,346 73
31 76

7,194,998 65
1,132,491 46
1.363,68045
549,770 09
2,167,456 14
79,724 20

Expenses— Maint. of W.
Motive Power
Maint. of Cars...
Transportation.. .
General

Total

3,440,199 74
1,316,483 42
37,248 89
26,939 70
10.309 19
72. 32 p. o.
2.113 c.
1.641 c.
0.472 c.
1.378 c.
1.167 c.
0.211 c.

765,565 83
206,448 82
12,094 25
9,525 52
2.568 73
78. 76 p. c.
1.812 c.
1.685c.
0.127 c.
3.020 c.
2.044 c.
0.982 c.

720,854 91
379,077 56
9,871 06
6,469 13
3,301 93
65. 54 p. c.
2.362 c.
2.028 c.
0.334 c.
1.242 c.
0.762 c.
0.480 c.

104,117 38
L. 8,340 01
1,76386
1,91745
L. 753 59
108 71 p.c.
2.545 e.
5.535 c.
L. 2.991 c.
4.339 c.
3.134 c.
1.205 c.

47,621 12
L. 6,141 35
1,601 54
2,838 65
/.. 1.23711
114.81 p.c.
2.944 c.
7.610 c.
L. 4.666 c.
5.536 c.
4.110 c.
1.426C.

178,697 16
29,583 45
2,135 55
1,832 23
303 32
85. 80 p. e.
2.243 c.
3.166 c,
L. 0.923 C.
2.673 c.
1.890c.
0.783 c.

36,066 20
L. 15,235 58
704 71
1,324 02
L. 559 31
173. 14 p. c.
2. 70S c.
4.378 c.
L. 1.670C.
2.123 c.
4.864 c.
L. 2.741 c.

5,293,122 34
1,901,876 31
13,866 13
10,200 86
3,665 27
73. 57 p. c.
2.081 C.
1.750 c.
0.331 c.
1.488C.
1.146C.
0.342 c.

Net Earnings

Gross Earnings per M. .
Oper. Expenses perM.
Net Earnings per Mile.
Expenses to Earnings. .
Av. Rate per Pass. p. M.
Av. Cost per Pass. p. M.
Av. Profit p. Pass. p. M.
Av. Rate p. Ton p. Mile.
Av. Cost p. Ton p. Mile
Av. Profit p. Ton. p. M.

* The statements of passengers and tons of freight moved are given as they appear in the company's report.
It will be observed that the total of rhe numbers credited to each division is in excess of the number given in the
" Total " column. This is probably due to transfer passengers and freight being credited in full to each division
over which they passed. The mileage of passengers and freight, and the total number of each moved, given in
" Total " column are correct.

Net earnings entire system (26.43 per cent.), $1,901 ,876.31 ; add rents, $754 ; interest on
investments, $87,463.59 ; on equipment and on sundry accounts, $75,332.27 ; profit from
Delaware RR. Co., $96,044.03— total, $2,161,470.80. Payments : Interest on bonds, $236,-
063.54 ; interest on ground rents, car trusts, etc., $55,108.80 ; rentals leased roads, $615,109.-
83 ; taxes (State of Pennsylvania, $9,426.37 ; State of Delaware, $40,000), $49,426.37 ; sink-
ing fund appropriations, $36,000; advances Delaware and Chesapeake Ry. Co., $15, 960;
sundry items, $350 ; extraordinary expenses, $132,470.73— total, $1,140,489.27.. Balance
applicable to dividends, $1,020,981.53. Dividends (No. 88, 3 per cent., July, 1891, $354,580.-
50; No. 89, 4 per cent., January, 1892, $472,774), $827,354.50. Surplus, $193,627.03 ; sur-
plus forward, $1,138,605.22; less accounts charged off, $7,261.07), $1,131,344.15— total,

$1,324,971.18.

General Balance Sheet, October 31, 1891.

Construction and Equipment $14,888,706,47

Real Estate 362,914 10

Stocks and Bonds Owned 3,345,725 04

Trustees Sinking Funds 476,000 00

Accounts Receivable and Balances Due.. 207.773 06

Materials and Fuel 359,695 94

Cash in Hands of Treasurer and Agents. . 738,102 37

Total Assets $20,378,916 98

Capital Stock (par, $50) $1 1,819,350 00

Bonded Debt 5,364,000 00

Ground Rents 163,598 33

Sundry Accounts, Pay Rolls, etc 673,533 82

Dividends and Interest Unpaid 495,377 00

Delaware RR. Interest and Dividends 62,086 65

Sinking Funds 476,00000-

Profit and Loss 1,324,97118

Total Liabilities.

..$20,378,916 98-

POOR'S MANUAL — PHILADELPHIA, WILMINGTON AND BALTIMORE RR. CO. 921

Statement of capital account of the P., \V. & B. RR. Co., for eight years, and operations
of the entire system for the same period :

1884

1885

1886

1887

505.95

8,144,816

7.144.372
1 47.047 501
2,496,686
145,310.847

2,484,515
894,899

1888

1889

1890

1891

Miles of RR. Operated
ger Train Miles
Freight Train Miles

4o:i.21 440. 86 5i>5.'.!5
2,100,591 2.22!».3o7 2.37'.».N)S
1.S47.131 1,797,737 1. 909.342
5.27i>..M>o 5.73I5.21.V 6.442.7 1:-5
121.025.8S5 128.561,950 139364.689
2,001,543 1,961,198 2.209.999
1 12.W1.M5 HI -577,401 129.192.701

8 $

2,939.U'3 2,986,263 3,126.085
2,566,583 2.381,222 2.567,606
814,687 311.103 311,073

518.64 518.62
2,660,022 2.920.519
2.348.07 '.i 2.3711.020
7,872,202 7.^0.0-jr,
15d.2S2.157 157.100.338
3,019,807 3,
1M-2S3.115 197-983,978

ft ( Q

3,234,250 3,2»]b.851
392,249 445,999

518.62
3.074.503

3.704. '.17!*

2,961,789
587,716

518.89
3.221. OKO

159,345.653
3,785.576
218.546,665

3,31»5,310
3.252,069
626,619

Passenger Miles . ...

Freight (ton*) Moved

Freight (ton) Miles

•rs .. . .

Freight

Miscellaneous

Gross Traffic Earnings
Gross Expenses

5.820.323 5,678.588
3.965.145 ::.

6,004,764
4.142.133

6,007.805
4,536,776

6.604,653; 6,498,936
4,827,878 5,027,712

6.820.377
5,250,175

7,194,998
5,293,122

Xet Earnings.

1,855,178
60,682
72,814

1,788,816
62,501
59,873

1,862,631

77;007

1,471.029

63,748
91,039

1,777,275 1,471,224
71,952

99.578 102.872

1,570,202
120,666

1,901,876
96,045
163,550

Profit Del. RR. Lease
Miscellaneous Receipts

Available Revenue

Interest

1.988,674
216,059
(8) 945,008
381,388
71,104

""425.115

14.223 31
fMKW 20
4.531 11
68. 14 p. c.
2.377 c.
2.235 c.

127.25

293.82

1,911,190
211.099
(8) 945.548
386.634
116.406

2,010.185
212,697
<S) 945.548
367,651
196,664

1,625,816: 1,948,805
204,172 233.207
(8)945.548 (7 -
374.852 445,492
92,981 132.8:30

1.630,655
236,982

(6) 709.161
419.600
162.623

1.690.202
250,521
(6) 709,161
320.098
212,342

2,161,471
291,172

(7 1827.355
615.110
234,207

Dividends

Lease Rentals

Other Disbursements
Ac. X. Castle & Shellp't Brs.
Balance Credit Income

Gross Earnings per Mile,. . .
Gro-s Expenses per Mile. . .
Xet Earnings per Mile
Expenses to Earnings
Aver. Rate per Pass, per M.
Aver. Rate per Ton per M . .

Miles of Railroad
Miles of Track

251.503
12,880 71

4.057 56
68. 50 p. c.
2.27S c.
2.110 c.

126.25
295.68

287,625

11,868 30
8.18684
3.681 46
68. 98 p. c.
2.206 c.
1.967 c.

122.47
313.24

9.263

11.874 30
8,966 84
2.90746
75. 52 p. c.
2.144 c.
1.687 c.

122.47

323.14

96,684

12,734 56
9,307 76
3.426 80
73.90 p. c.
2.152 c.
1.616c.

133.28
332.38

113,289

12.531 21
9,694 40
2,836 81
77.36 p. c.
2.072 c.
1.410 c.

133.26
313 !28

261.85

128
173
51
1,680

11,819.350

198,080

13.151 01
10,12331)
3.027 65
76. 98 p. c.
2.110 c.
1.304 c.

133. 2fi
329.11
277.58
134
187
51
1.682

11,819,350

193.62?

13.8C613
10.200 86
3.665 27
73.57 p. c.
2.0*1 c.
1.488 C.

116.25
3(33.39
243.27
208
SOJ!
72
2.177

11,819.350

Miles of Steel Rail

Locomotive Engines
P.is<enger ( = 8-\vh. Cars.). . .
Bge., M. & E. t=8-wh.) Cars
Freight (= 8-\vh.) Cars

Capital Stock

105
150
51
1.551

ll,81«,350

1,000
1,000,000
700.000
800,000
1,000,000

105
150
51
1,551

11.^19.350

112
150
51
1,670

11.819,350

117
155
51
1,676

11.819,350

122
163
51
1,678

$

11,819,350

Mortgage Loan of 18s4 ....
Bonds one in 1887, Ext'ded.
Bonds due in 1X92
Bonds due in 1900

1,000,000
700,000
800,000
1,000,000

1.000,000
700,000
800,000
1,000,000

1,000.000
1,000,000
700,000
800,000

1,000,000
700,000
£00,000
1,000,000
1,000,000
76,667

l,6bb,666
700.000
800,000
1,000,000
1,000,000
167,448

1.000,000
700,000
800,000
1.000,000
1,000,000
163,598

l.OCO.OOO

800.000
1,000,000
1.000,000
163.598

Bonds due in 1910
Bonds due in 1922

Ground Rents and Mtgs
Bills and Long Xotes

76,667
60,000
547,439
580,8H

76,667
60,000
593,978
520,708

76,667
60,000
703,518
520.099

76,667

Current Balances
Int.. Rentals, Dividends
Sinking Funds
Income Balance. .

1,292,437
521,853

813,663
540.504
368,000
830,067

425.380
404,000
946,205

1. 327.1 S8 673.534
425.2(58 557.464
440,000 476,000
1,138,605 1. 324. 971

1.20'.i,469

1,369,985 1.357.487

I,152,i37

Total Liabilities

17,823,254

' '3; 7.454
1,904,116
378,190
224,000

1,194,238

17,940,688

i3.;-45.25»>

378,133
1,777.319
874,000
260,000
1,405,063

18,037.121

13.745.256
364.246
1,716.831
383,849
296,000
1,531,439

18.362,444

13.S73.439
363.961
1,857.956
499,033
382,000
1.436.055

18,948,260

14,147,368
363,961
1.830.476
4I50.512
368,000
1. 777.943

19,130,341

14.370.727
362.914
1,985.6(52
445,924

404.000
1.552,114

19,814,009

15,137,547
362,914
1,996,894
511.535
440,000
1,366.119

20,378,917

14,888,707
362,914

3.345.725
359.696
476,OfO
945,875

Railroad and Equipment.. .
Real Estate
Stocks and Bonds

Materials and Supplies
Trustees Sinking Fund
Cash and Other Assets

Total Assets

17.823,254

17,940.688, 18,037.121

18,948,260

19.130.341

19.814.009 20.378,917

* Previously charged to Profit and Loss Account.

Funded debt ($5,364,000) consisted October 31, 1891, of the following :

Roistered 6 per cent. $1.000 bonds, dated 1872-4, due October 1. 1892. interest April and October §700,000

Kegwtered Sinking Fund 6 per cent. 25-year §1.000 bonds, due April 1. 1900. interest April and October. 800.000

liegistered Sinking Fund 5 per cent. 30-year $1.000 bonds, due June. 1910. interest June and December. 1.000,000

•<'d 4 per cent. 30-year $1.000 bonds, due April. 1917. interest April and October l.OOO.'X'O

••'•d 4 per cent. 35-year §1.000 bonds, due November 1. 1922. interest May and November Looti..^

Registered 4 per cent. 35-year $1.000 bonds, due Jan. 1. 1926. interest January and July 864,000

None of the above bonds are secured by a mortgage on the road. All of the bonas issued
have a provision that if a mortgage should at any time be placed on the road, they shall be

922 POOR'S MANUAL — PHILADELPHIA, WILMINGTON ADD BALTIMORE RR. co.

secured under said mortgage. The issues due 1900 and 1910 are secured by sinking funds,
for which the company appropriates annually $16,000 to the former, and $20,000 to the
latter. Aggregate interest on above bonds, $254,560. Ground rents call for 6 per cent.
Stocks and bonds owned October 31, 1891, were as follows :

Par
BONDS. Value.

Delaware RR. Co. 1st 6s of 1895 $108,500

Delaware RR. Co. General 4^s of 1931 500,000

Del. and Chesapeake Ry. 1st 4s of 1912 56,000

June, and Breakw. RR. 2d 4s of 1899 250,000

Worcester RR. 1st 4s of 1896 316,000

Phila. and Bait. Cent. RR. 1st 4£s of 1911 100,000

Par

STOCKS.

Shares.

Par. Value.

Cambridge and Seaf ord RR. Co.

10,000

$50 $500,000

Delaware RR. Co

46,507

25 1,162,675

Delaware and Chesapeake Ry. .

24,000

25 600,000

Delaware, Md. & Va. RR. Co. . .

12,160

25 304,000

Junction RR. Co

1,731

50 86,550

Phila. and Bait. Central RR. Co.

49,909

50 2,495,450

Queen Anne's and Kent RR. Co.

6,590

25 164,750

Total. . .

.. $5.313,425

Total $1,325,500

Total par value of securities owned, $6,688,925 ; value of same as per general account,
$3,345,725.04. Income received from securities during year was as follows : Delaware RR.
Co. bonds, $6,013.09 ; Delaware RR, Co. stock, $44,710.50 ; Junction RR. Co. stock, $34,620 ;
Delaware and Chesapeake Ry. bonds, $2,120— total, $87,463.59.

Securities, etc., in Hands of Trustees.

Trustees of Bonds of 1900—

$85,000 P., W. & B. 6s, 1900 $90,482 50

16,000 P., W. & B. 4s, of 1917 16,000 00

34,000 P., W. & B. 4s, of 1922 34,000 00

2,000 P., W. & B. 4s, of 1926 2,000 00

17,000 Delaware RR. 6s, of 1895 20,553 00

37,000 Phila. & Erie RR. 4s, of 1920 36,970 00

7,000 P. & B. C. RR. 4|s, of 1911 7,070 00

42,000 N. Centl. 2d gen. intge. 5s, of 1926 . . 39,990 00

10,000 Del. & Ches. 1st mtge. 4s, of 1912. . . 9,525 00

19,000 Pa. Car Trust, Series G, 5 per cent. . . ' 19,000 00

5,000 Pa. Car Trust, Series H, 5 per cent. . 5,000 00

23,000 Pa. Car Trust, Series I, 5 per cent. . 23,000 00

2,000 W. Pa., 1st mtge. Main Line 6s, 1893 2,145 00

11 ,000 Pa. Equip. Trust, Series A,4 per cent. 1 1 ,000 00

6,000 Pa. Equip. Trust, Series B,4 per cent. 6,000 00

5,000 Pa. Equip. Trust, Series C, 4 per cent. 5,000 00

1,000 Pa. Equip. Trust, Series E, 4 per cent. 977 69

3,000 Pa. Equip. Trust, Series F, 4 per cent. 2,944 30

33,000 Pa. Equip. Trust, Series G,4 per cent. 32,259 00

35,000 Pa. Equip. Trust, Series H,4 per cent. 33,891 64

Cash on Deposit 1 19

Trustees of Bonds of 1910—

$45,000 No. Central Ry. 5s, of 1926 $42,865 00

20,000 P., W. & B. RR. 4s, of 1917 20,000 00

5,000 P,, W. & B. RR/4s, of 1922 5,000 00

27,000 Phila. and Erie RR. 4s, of 1020 26,985 00

15,000 Delaware RR. 6s, of 1895 18,141 50

4,000 Phila. and Bait. Cent. 4^-s, of 1911 . 4,040 00

22,000 P., W. & B. RR. 4s, of 1926 22,000 00

4,000 P., W. & B. Stock Trust cert., 4 p. c. 3,780 00

24,000 Pa. Car Trust, Series H, 5 p. c 24,000 00

21,000 Pa. Car Trust, Series I, 5 p. c 21,000 00

28,000 Pa. Equip. Trust, Series A, 4 p. c. . . 27,955 38

4,000 Pa. Equip. Trust, Series B, 4 p. c. . . 4,000 00

1,000 Pa. Equip. Trust, Series C, 4 p. c. . . 1,000 00

43,000 Pa. Equip. Trust, Series F, 4 p. c. . . 41,830 33

4,000 Pa. Equip. Trust, Series G, 4 p. c. . . 3,877 74

17,000 Pa. Equip. Trust, Series H, 4 p. c. . . 16,531 75

Temporary Loan to Sinking Fund No. 1. 12 00

Cash on Deposit 687 37

Total $397,809 32

Total

, $283,706 07

Sinking Fund, year ending October 31, 1891.— Bonds of 1900 : Receipts for year ending
October 31, 1891, $45,948.74; add temporary loan from sinking fund No. 2, $12 ; balance
from last year, $5.35— total, 45,966.09. Expenditures, $45,964.90. Balance, October 31,
1891, $1.19. Bonds of 1910 : Receipts, $35,898.42 ; temporary loan to sinking fund No. 1
returned, $484.44; balance from last year, $55.17— total, $36,438.03. Expenditures, $35,-
750.66. Balance, October 31, 1891, $687.37.

Annual meeting, second Monday in January. Books are not closed for annual meeting,,
but stock must be owned three m >nths to entitle holder to vote. Books close for dividends
fifteen days before payment of same. Stock listed on the Exchanges at Philadelphia and
Boston. For dividends paid by the company see MANUAL for 1890.

The following extracts are taken from the company's report :

The company purchased the equipment formerly owned by the Baltimore and Potomac RR. Co., consisting
of 39 engines, 72 passenger and baggage, and 305 freight cars. The equipment was purchased for the same reason
for which the company acquired last year the rolling stock of the Philadelphia and Baltimore Central RR., namely,
to consolidate the ownership in this company and save the accounting necessitated under the former system,
It was also deemed advisable, as the Baltimore and Potomac and Washington Southern RRs. formed a direct pro-
longation of the main line south, that these two roads should be operated under this organization, and arrange-
ments to that effect have been in force since November 1, 1891.

Under authority conferred bv the Legislature of the State of Delaware, the company sold to the Delaware
RR Co., on the 1st of July, the New Castle Branches, extending from the junction with the Delaware R
Rodney to the crossing of the Shellpot Branch by the line north of the Christiana River, a distance of 11.2 miles ;

POOR'S MANUAL — PHILADELPHIA, WILMINGTON AND BALTIMORE SYSTEM. 923

and also the line recently constructed from New Castle to a junction with the said Shellpot Branch, on the south-
west side of the Christiana River, 5.5 miles in length, and known as the New Castle Cut-off.

The consideration received therefor was $1,000,000, one-half in stock and the other half in bonds of the Del-
aware RR. Co., bearing 4£ per cent, interest, to bear date July 1, 1891, and mature July 1, 1931. This sale was
made after a thorough examination of the whole question, and was approved by the shareholders of the two-
companies June 19, 1891. The property thus conveyed to the Delaware RR. Co. was, by agreement bearing date
July 15, 1891. brought within the terms of the lease under which the company now operates the Delaware RR.

In pursuance of legislation obtained from the State of Delaware May 8. 1891, by the Delaware, Maryland,
and Virginia RR. Co., in reference to the mortgages held by that State against two of its constituent lines, the
Junction and Breakwater and the Frankford and Breakwater RRs.. the compai>y agreed to advance to the Dela-
ware, Maryland and Virginia RR. Co. the amount necessary to enable it to pay the State of Delaware on July 1
the sum of $50,000, and on November 1. 1891. the sum of $165.000, on account of the mortgage for $400,000 held
by the Slate against the Junction and Breakwater RR., and also the amount necessary to pay the interest due the
State on the mortgages on both roads up to November 1. 1891, the State having agreed, in consideration thereof,,
to reduce the rate of interest upon the balance of the debt from 4 to 3 per cent, per annum, and extend the pay-
ment of the principal to January 1, 1932.

Under the authority granted by such legislation, the company also became the owner of a large portion of
the securities upon the fines now forming the Delaware. Maryland and Virginia RR.

The 7 per cent, bonds of the West Chester and Philadelphia RR., amonnting to $1,100,000. having matured
April 1, 1891, a like amount of consolidated mortgage bonds, maturing November 1, 1911, was issued by the Phila-
adelphia and Baltimore Central RR. Co., with the rate of interest reduced to 4A- per cent, per annum, for the pur-
pose of providing funds to meet the debt thus maturing ; the residue of said bonds, amounting to $400,000, and
bearing a like rate of interest, being reserved for the general purposes of the company.

For the purpose of providing capital for the construction and equipment expenditures of the company, an
issue was authorized, under date of January 1, 1891, of $1,000,000 of 4 per cent, debentures, maturing in 1926, of
which $864,000 had been issued at the close of the year.

RAILROADS LEASED OR OWNED BY THE P., "W. & B. RR. Co.

CAMBRIDGE AND SEAFORD RAILROAD.— Del. and Md. State Line, near Oak Grove, Del.,
to Cambridge, Md.. 27.24 miles : total track (steel, 0.52). 28.81 miles. Reorganization June 1. 1883, of the Dorches-
ter and Delaware RR. Co. (See MANUAL for 1891. > Operated by the P., W. & B. RR. Co. ; rental, net earnings :
Deficit year ending October 31. 1891. as per statement on page 920, $15.235.58 : less receipts from rents. «3f4—
net, $14,861.58. Add interest on equipment, $507.47. Total deficit, $15,369.05. Financial Statement, June 30,
1891.— Capital stock (par, $50), $500,000 ; unfunded debt, $128.009.80— total, $628,009.80. Contra: Cost of road,
$500,000 ; profit and loss, $128,009.80 —total, $628,009.80. Annual meeting, first Monday in May. GEORGE B. ROB-
ERTS, President ; Robt. H. Groff, Secretary; Robt. W. Smith, Treasurer, Philadelphia, Pa"

"* CHESTER CREEK RAILROAD.— Lamokin to Lenni, 669m. ; sidings, 2.35— total (steel. 6.69 m.\
9.04 miles. Rail, 55 to 58 Ibs. Leased to the Philadelphia and Baltimore Central RR. for 999 years from January
13. 1868, at an annual rental of $22,20u (and taxes), being interest on bonds, and 6 per cent, (payable January and
July) on $185,000 stock. No dividends are paid on $87,100 stock reserved by the lessee for betterments. Rental,
year ending June 30, 1891. $23,104.98. Payments : Interest on bonds, $11,100 ; dividends (6 per cent.). $11.100 ;
taxes, $904.98— total. $23.104.98. Capital stock (par. $50), $272,100 : funded debt, 6 per cent. 35-year mortgage
bonds, due January 1, 1903, interest payable January and July, at Philadelphia. Pa., $185,000 : interest and divi-
dends unpaid, $12,061.50— total, $469,1(51.50. Contra: Cost of road, etc., $457,100: other assets, $12,061.50—
total, $469.161.50. EBEX F. BARKER, Praidftd : William Ward. Secretary : Robt. W. Smith, Treasurer, Phila-
delphia, Pa.

DELAWARE RAILROAD.— Shellpot Crossing, Del., to Delmar (Md. Line), 95.22 miles ; New
Castle Cut-of: Junction Shellpot Branch P.. W. & B. RR., to New Castle. Del., 5.51 miles ; Townsend Branch:
MasseyX Md., to Townsend. Del.. 9.25 miles : Smyrna Branch : Clayton to Smyrna. Del., 1.29 miles ; Seaford
Branch : Seaford to State Line of Maryland, near Oak Grove, Del.. 5.73 miles— total. 117 mile*. 2d track, 18.44
miles ; sidings. 27.96 miles. Total track, 163.4 miles. Gauge. 4 ft. 9 in. Rail (steel, 130.01 miles). 60 Ibs. The
increase in mileage is due to the purchase en June 1, 1891, of the New Castle Branches, from Shellpot Crossing
to Delaware Junction, 11.21 miles, and the New Castle Cut-off, 5.51 miles, from the P., W. & B. RR. Co., the cost
being $1,000,000, paid one-half in stock and one-half in bonds. Chartered June 20. 1836 : charter revised February
22, 1849 ; road completed in 1860. Operated at cost (since October 1, 1889), by the P., W. & B. RR. Co., any defi-
ciency in net earnings to meet interest and dividends to be advanced by lessee and reimbursed from future net
earnings. (See MANUAL for 1891.) Net earnings for year ending' October 31, 1891 (see p. 920). $379,077.56.
Interest on bonds and dividends on stock paid by lessee, £154,588. 94 : add interest on equipment, $15,414.10 :
rents, $270.82— total, $170.-273.86. Surplus, $208,803.70 : less "loss of previous year reimbursed to lessee, $16,714.45
— leaving profit of $192.089.25. which was appropriated under the terms of the lease, one-half to the lessee and one-
half to the sinking fund.

This company paid regular semi-annual cash dividends of 3 per cent. each, from July 1, 1857, to January,
1892, with the following exceptions, when stock dividends were paid : July 1, 1857 : January and July, 1858; Jan-
uary 1, 1859 ; July, 1862, and January, 1863.

General Balance Sheet, January 1, 1892.

Railroad. Main Line $2,861.643 80

Smyrna Branch RR 33,847 14

Dorchester Branch RR 109.993 75

Townsend Branch RR 223.641 00— $3.229,125 69

Cash Deposited to Pay Interest 29.415 00

Cash Balance " 29,14900

Total Assets $3,287,689

Registered Capital Stock (par, $25) $2.131 ,&32 49

Funded Debt ... 1,097.500 00

Dividends 27,843 90

Expenses 1,08915

Interest on Bonds 29,41500

Phil., W. &B. RR. Co... 915

Total Liabilities $3,287,6

The funded debt consists of $597.500 6 per cent. 20-year convertible mortgage bonds, due July 1, 1895, inter-
est payable January and July : and $500.000 4£ per cent. 40-year bonds, due July 1, 1931. interest payable January
and July ; interest on both issues payable at the Fidelity Insurance. Trust and Safe Deposit Co.. Philadelphia,
Pa. The 4V per cent, bonds were issued to the P., W. & B. RR. Co. in part payment for the 16.72 miles of road
purchased from that company, the balance of $500,000 being met by an issue of an equal amount of stock. It is
proposed to issue not exceeding $2.000,000 general mortgage bonds." of which a sufficient amount shall be reserved
to r-tire prior mortgages, and the balance applied to improving and bettering the property. Director* (elected
January 14. 1892).— W. T. Porter. E. Tatnall Warner, George Gray. Wilmington, Del. ; John P. Green, Henry D.
Welsh. J. N. Du Barry. Philadelphia, Pa. ; Joseph R. Whitaker/Manlove Hayes. Dover. Del. : Charles J. Har-
rington. Alexander Johnson. Farmington. Del. : James J. Ross, Seaford, Del. ; Thomas Curry, Greenwood, Del.;
W. T. Records. Laurel, Del. Officer*: E. T. WARKER, President, Wilmington. Del. : M. Hayes, Secretary and
Treasurer. Dover, Del. CORPORATE OFFICE. Dover. Del.

924

DELAWARE AND CHESAPEAKE RAIL, WAY. -Clay ton, Del., to Oxford, Md., •54.301mile8 ;

sidings, 6. 3S miles. Rail (steel, 38.93 miles), 50 to (50 Ibs. Reorganization July 31, 1878, of the Maryland and
Delaware RR. Co., whose property was sold under foreclosure December 20, 1877. (See MANUAL for 1890.) The
P., W. & B. RR. Co. owns the entire capital stock, and operates the line as agent for the company, guaranteeing
the bonds, principal and interest. Deficit, 181)1 (see page 920), $8,340.01. Deduct receipts from rents, $377 -net ,
$7,1)63.01. Interest on bonds, paid by P., W. & B. RR. Co., $16,000 ; on equipment, $1,84426. Total deficit.
$25,807.87. Financial Statement. June 30, 1891.— Capital stock (par, $25), $600,000 ; funded debt (4 per cent. 30-
year mortgage coupon bonds, due February 1, 1912, interest payable February and August), $400,000 : unfunded
debt, $412,(i86.47— total, $1,412,686.47. Contra: Cost of road, $999,412.80; real estate, $3,500; profit am;
$409,778.67— total, $1,412.686.47. • Annual meeting, third Wednesday in May. Officer*: G. 15. KOBKKTS, Pn,*
Robert H. Groff, Secretary ; Robert W. Smith, Treasurer, Philadelphia, Pa.

DELAWARE, MARYLAND AND VIRGINIA RAILROAD. -Harrington to Rehoboth,
Del., 43.57 miles ; Georgetown, Del., to Franklin City, Va., 58. 96 miles ; siding?', 14.21 miles— total (steel. 32..V2.I,
111.74 miles. Consolidation June 1, 1883, of the Junction and Breakwater, the Breakwater and Frankford, and
the Worcester RR. of Maryland. (See MANUAL for IS'.K).) Under an agreement which took effect July 1, 1885,
the road is operated by the P., W. & B. RH. Co. as agent, the rental being net earnings — in 18i*l (see page I'-'Oi,
$29.583.45: balance of rents received, $850.29— -total, $29,983.74. Paid interest on bonds. $57,333,34; on equip-
ment, $3,275.97— total, $60,609.31. Deficit. $30,675.57. financial Statement, June 30, 1891.— Capital stock (par.
$25;, $526,758.33 ; funded debt (J. £ B. RR. 1st 4a, due 1890, $350,000 ; J. & B. RR. M mortgage 4 per cent. -,'D-
year bonds, due February 1, 1899. interest payable February and August, $250,000 ; B. 4 F. RR, 1st 4s. dm- IS'.i^.
$200,000; W. RR. 1st mortgage 4 per cent. 20-year coupon bonds, due April 1, 1896, interest payable April and
October, $400,000), $1.200,000; unfunded debt, $338,926.13— total, $2,085,694.46. Contra: Cost of road and
equipment, $1,822,999 .#9 ; profit and loss, $242,695.17— total, $2,065,694.46. The State of Delaware hold* the en-
tire issues of 1st mortgage bonds of the J. & B. and the B. & F. RR. The total of the former issue was $400.000,
at 4 per cent,, but §50,000 was paid off July 1, 1891, and an additional $165. OoO on November 1. 1891. The State
consented to extend payment of the balance, $185,000, and also the $200,000 bonds of the B. & F. RR.. to Janu-
ary 1, 1932, at the reduced rate of 3 per .cent., payable January and July. Trustees of 2d mortgage J. & B. RR.
and 1st mortgage Worcester RR. bonds, Farmers' Loan and Trust Co., New York City. No trustees for other
bonds. Annual meeting, last Wednesday in May. Officers: G. B. ROBERTS. President: Frank Thomson, Vice-
President J Robt. H. Groff, Secretary ; Robt. W. Smith, Treasurer, Philadelphia, Pa.

PHILADELPHIA AND BALTIMORE CENTRAL RAILROAD. -West Philadelphia,
Pa., to Octoraro Junction, Md., 62.62 miles ; Wawa to West Chester, 9.43 miles ; Brandywine Summit to Kaolin
Works, 1.63 miles— total, 73.68 miles. Leased : Chester Ceeek EK. : Lenni to Lamokin, 6.69 miles. Second track,
12.70 ; sidings, 18.44 miles. Gauge, 4 ft. 9 in. Rail (steel, 87.74 miles), 55 to 6U Ibs. A consolidation (OctoberSl,
1881) of the Philadelphia and, Baltimore Central and the West Chester and Philadelphia RR. Companies. (See
MANUAL for 1890.) Controlled by the P., W. and B. RR. Co., and road operated by that company as agent, under
a contract which provides for the payment of net earnings to P. & B. C. RR. Co. The company owns 63 service
cars, included in P., W. & B. rolling stock, page 919. Receipts for year ending October 31, 1891 : Net earnings,
$206,448.82 ; rents, $2,101.67 ; interest, $22,264.20 ; premium on bonds sold, $2,740— total, $233,554.69. Payments :
Rental Chester Creek RR., $23,104.98 ; taxes, $6,205.95 ; interest on bonds, $113,892.25 ; other interest, £20.0?:.-
24; extraordinary expenditures, $16,067.76— total, $179,348.18. Surplus, $54,206.51. Financial Htutement. June
30, 1891 : Capital stock (par, £50), $2,499,866.81 ; funded debt, $2,200,700 ; ground rents, $26.512.50 ; unfunded
debt, $39,233.25 ; profit and loss, $26,683.76— total, $4,792,495.32. Contra : Construction and equipment, $4.084.-
354.14 ; real estate, $304,322.37 ; stocks and other investments, $1,100 ; cash, $402,718.81— total, $4,792.495.32.
Funded debt, consisted June 30, 1891, of $700 overdue 7 per cent, general mortgage bonds (W., C. & P. RR.), and
$2,200,000 consolidated mortgage (P. & B. B. C. RR.) 30-year bonds, due November 1, .11)11, interest May and
November, $1,000,000 at 5 per cent, and $1,200,000 at 4j per cent, The authorized issue of consols is $2,500,000 .
The company guarantees interest on bonds and 6 per cent, on $185,000 stock to the Chester Creek RR., as rental.
See statement for that road. Annual meeting, second Monday in January. Officers : G. B. ROBERTS, President ;
John C. Sims. Secretary; Robert W. Smith, Treasurer, Philadelphia, Pa.

dlJEEN ANNE'S AND KENT RAILROAD.— Massey's Cross Roads, Md., to Centreville, Md.,
25.90 miles. Sidings, 2.54 miles. Gauge, 4 ft. 9 in. Rail (steel, 3.78 miles), 50 Ibs. Chartered March 6, 1856 ;
repealed by Act of March 21, 1867 ; present charter. March 21, 1867 ; road opened in August, 1869. Sold under
foreclosure and reorganized in 1876. On the 1st of October, 1881, the road was attached to the Delaware Division
of the Philadelphia^Wilmington and Baltimore RR. Co., which owns a majority (52 per cent.) of its capital stock,
and operates the road as agent. Deficit, 1891 (see page 920), $6,141.35 ; less rents, $3— net, $6,138.a5. Add inter-
est on equipment. $865.73. Total deficit, $7.004.08. Financial Statement, June 30, 1891: Capital stock, $314.-
834.64 ; unfunded debt, $179,167.23— total, $494,001.87. Contra : Construction. $334,291.99 ; profit and loss. *159.-
709.88— total, $494.001.87. Annual meeting, first Wednesday in June. B. T. BIGGS, Pre*i<lent, Middletown, Del.:
Robert H. Groff, Secretary ; Robert W. Smith, Treasurer, Philadelphia, Pa.

Board of Directors, P., W. & B. RR. Co., elected January 11, 1892.

George B. Roberts. Philadelphia, Pa.
William Sellers ..

Preston Lea Wilmington, Del.

Jacob Tome Port Deposit, Md.

J. P. Green Philadelphia, Pa.

J. N. Du Barry.. . .Philadelphia, Pa.
Benj. F. Newcomer. Baltimore, Md.
Frank Thomson. ..Philadelphia, Pa.

Skipwith Wilmer Baltimore. Md.

Edward Lloyd Tunis Mills, Md.

Henry D. Welsh.. .Philadelphia. Pa.
E. Tatnall Warner. Wilmington. Del.
German H. Hunt... Baltimore, Md.
B. B. Comcgys ...Philadelphia, I'a.
N. P. Shortridge...

GEORGE B. ROBERTS, President Philadelphia, Pa.

Frank Thomson, Vice- President Philadelphia, Pa.

Secretary— John C. Sirns : Philadelphia, Pa. | Treasurer— Robert W. Smith Philadelphia, Pa.

Assistant Secretary— D. S. Newhall Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS 233 South Fourth Street, Philadelphia, Pa.

PHILADELPHIA, WILMINGTON AND BALTIMORE SYSTEM.— BALTIMORE
AND POTOMAC RAILROAD COMPANY.

Main Line of Road.— Baltimore, Md., to Pope's Creek, Md 73 13 miles.

Washington Branch : Bowie to South End of Long Bridge 18.93 miles.

Leased : Catonsmlle Short Line RR., London Park, Md., to Catonsville, Md 3.80 miles.

Total length of lines operated, October 31, 1891 ."95.86 miles.

2d track, 41.92 ; sidings, 37.24 m.— total track owned, 171.22 miles. Gauge, 4 ft. 8£ in.
Rail (steel, 118.73 m.), 56 to 85 Ibn.

POOR'S MANUAL — BALTIMORE AND POTOMAC RR. co.

925

History.— Chartered in Maryland, May 6, 1853, and in the District of Columbia, Febru-
ary 5. 1867 ; road opened to Washington July 2, 1872, and to Pope's Creek, January 1, 1873.
The Baltimore Tunnel was opened June 29, 1873. Controlled by the Pennsylvania RR. Co.,
which owns $4,081,100 of its capital stock. The Catonsville S. L. RR. its operated at cost.
Operated since November 1, 1891, by the Philadelphia, Wilmington and Baltimore RR. Co.
(as] agent of the Baltimore and Potomac RR. Co.), and its earnings, etc., since then are in-
cluded in those of that company. (See page 919.)

Rolling1 Stock. — This company owns no rolling stock.

Operations for ten months ending October 31, 1891.— See tabulated statement.
Earnings.— Passenger $853-593 03 Expenses.— Transportation $478,446 77

Freight.

Mail

Express

Miscellaneous. . .

519,599 73
64,182 93 !
60.609 79
19.147 50

Motive Power "303,055 52

Maintenance of Cars 34,490 11

Maintenance Way & Buildings 240,756 33

General and Taxes 18,37725

Total ($11,215.58 per mile) $1,075,125 98

Add rentals received, $4,237.21 — total avail-

Total ($15,826.54 per mile) $1,517,133 07

Net earnings (22.54 per cent.), $442,007.09.
able revenue, $446.244.30. Payments : Interest on bonds, $350,000 ; rentals, $1,620.93 ;
other payments, $26,671.66— total, $378,292.59. Balance, surplus ($67,951. 71 ; less deduc-
tions, $16.317.24), $51,634.47. Surplus forward, $33,122.14— total, $84,756.61.

General Balance Sheet, October 31, 1891.

...511.598.330 24

Cost of Road

Cosr of Real Estate, etc 570.159 24

Materials and Fuel on Hand 97,046 79

Current Accounts and Bills Receivable. . . 544,fi06 45

Cash on Hand 135.344 40

Total Assets S12.94o.487 12

Capital Stock (par, $50) $4,914.250 00

Funded Debt Outstanding 7,500 000 00-

Current, Accounts 446,480 51

Profit and Loss M. 756 61

Total Liabilities.

$12.945,487 12

Statement of operations, etc., for seven years ending December 31, 1890, and ten months
ending October 31, 1891 :

1884 \ 1885

!

1886

1887

1888

1889

1890

1891

95.86
866,407
391,545

330.654
2,»>71.654
34.338.490
1.213.1W
37.449.179
S
853,593
519.600
143.940

Mik-s of Railroad

92.06
524.340
252.871
16.830
1,548,048
24.f587.939
775.054
21,060,937

669,394
433.570
121,609

92.06 92.06
550,599 587,554
229.033' 242.751
109.554, 188,322
1,766.128 1.843,500
29.107,290i 29,179,282
816,033! 842,193
24,029.235' 25,078,554

s $

753,116; 744.318
437.229 455,833
132,747 135.694

95.86
631 ,919
253.602
219,146

•2.nMi.isr

32.587,110
947,508
28,297,973
$
840,297
463,226
143,809

95.86
736,461
430,264
20.430
2,218.994
34,757.108
1,109,196
34,903,125

900.364
493,525
145. 238

95.86
929,292
512,237
24,360
2,399.554
38,504,081
1.231,595
39,616,383
8
947,183
538,055
148,495

95.86
1,127.302
665,545
60.090
2.641.687
38,427,204
1,369,546
43,127,442

971.227
573.537
163,604

_-e.r Train Miles . . .
Freight Train Miles
Other Train Miles
Passengers Carried
Passenger Miles
Freight (tons) Moved
Freight (,ton> Miles

-'.-I1 Earnings
Freight Earnings..

Miscellaneous

Gross Traffic Earnings. . .

Traffic Expenses

1,224.573 1,323.(>.»2
888,S3x 788,868

1.335,845

823,197

512,648
512,648
283,762

4- 22S.R-V,

14,510 58
8.941 96
5.568 62
61. 62 p. c.
2.551 c.
1.81S c.

3,553,250
6,500.000
337.035

1,447,322
908,377

1,539.127 1.633.733- 1.708.368
1,029.565 1,260,451! 1.245.520

1,517,133
1,075,126

Net Traffic Earnings

385,034
385,634
327.106
+ 58,528

13.301 89
9,112 95
4,188 94
68.51 p. c.
2.711 c.
2.059 c.
$
3,553.250
6.500,000
693,270

554,540

5.54,540
297,181
-f- 257.359

14.372 06
8.348 36
6.023 70
58. 09 p. c.
2.587 c.
1.820 c.
S
3,553,250
6,500.000
476,875

538.955
538,955
280,192
+ 258,842

15,098 39
8,476 07

5.1.22 32
62.77 }>. c.
2.579 c.
1.637c.
$
4.374.250
6.500,000
299.259

509,562
509.962
278,709
+ 230,853

16.055 98
10,740 29
5.315 69
66. 89 p. c.
2.590 c.
1.414c.

4.374.250
61500,000
317.557

373.282
373.822
354,071
+ 19,811

17.042 91
13.148 87
3^894 04
77. 16 p. c.
2.460 c.
1.358c.

4,914.250

7.500,000
472.292

462,848
464,404
431.297
+ 33,107

17.821 49
12,993 11
4.828 38
72.91 p. c.
2.52 c.
1.88 c!
-
4.U14.2.V)
7.500,000
417,147
33.122

442.007
446.-.M4
394,610
- 51.634

15,826 54
11.215 58
- 4,610 96
77.46 p. c.
2.49 c.
1.38 c.

4.9i4,250
7.500.000
446,480
84,751

Available Revenue
Interest. Rental, etc
Balance (+ or — )

Gross Earnings per Mile
Gross Expenses per Mile...
Net Earnings per Mile. ....
Expenses to Earnings
Av. Kate p. Pass, per Mile..
Av. Rate per Ton per Mile.

Capital Stock

Funded Debt . . .
Other Liabilities.
Profit and Loss

Total Liabilities . . .
Railroad and Rolling Stock
Other Propertv and Assets.
Profit and Loss

Total Prop'ty & Assets.

10,746,520 10,530,125
. 9.620.952! 9.620,952
886,117 401,390
760.451 1 507,783

10,890,266

9.819.580
236,807
323,898

11,173,509
9.695.757
570,374
907,378

11,191,807
9,76^764
753,518
676,525

12.886.542 12.864,519
12.149.474 11,583,496
737.068; 1,331.023

12,945,487
11.598,330
1.347.157

10,746,520 10,530,125

10,390.285

11,173,509

11,191,807

12,886.542, 12,864,519

12,945.487

* Included in cost of road.

926 POOR'S MANUAL OF RAILROADS.

Statement of funded debt in detail, October 31, 1891.

1st mortgage (RR., 90.56 miles), 6 per cent. 40-year gold bonds, due April 1, 1911, int. April and October. $3,000,000
1st mortgage (Tunnel, 1.5 miles) 6 per cent. 40-year gold bonds, due July 1, 1911, int. January and July. . 1,500.000
Consol. mortgage (RR. & Tunnel, 92.06) 5 p. c. 40-year coupon bonds, due July 1, 1929, int. Jan. & July. . 3,000,000

The first mortgage bonds, both RR. and Tunnel, are $1,000 coupon bonds, with registry
privilege ; principal and interest guaranteed by the Pennsylvania RR. and Northern Central
Ry. Companies, and payable in gold in Baltimore, free of all State and national taxes, or in
London in sterling, at option of holder, at 4s. per dollar, with provision for sinking fund of
one per cent, per annum. The authorized issue of consolidated mortgage bonds is $10,000,000,
of which $3,000,000 have been issued, $2,000,000 to retire a like amount of income bonds due
in 1915, and $1,000,000 for accrued interest on incomes ; $4,500,000 are reserved to retire first
mortgage bonds due in 1911, and the remainder, $2,500,000, are to be applied, upon authority
from the stockholders, to construction, equipment, and other interests of the company. Trus-
tees : First mortgage, B. F. Newcomer and Win. T. Walters ; consolidated mortgage, Safe
Deposit and Trust Co., Baltimore, Md.

Railroad and Tunnel 1st mortgage bonds listed on Baltimore, Philadelphia and London
Stock Exchanges. Annual meeting, first Wednesday in June, at Baltimore, Md. Registrar
of stock, J. S. Leib, Treasurer of Company.

CATONSVILLE SHORT LJNE RAILROAD. -London Park (St. Agnes Station, B. & P. RR.),
Md., to Catonsville, Md., 3.80 miles ; sidings, 0.49 mile. Gauge, 4 ft. 9. in. Rail (steel, 4.23 miles), 61 Ibs. Char-
tered February 25, 1882 ; road opened November 10, 1884. Leased for 99 years from date of opening to Balti-
more and Potomac RR. Co., net results going to lessor. Operations for year 1891 included in lessee^s report.
Financial Statement, December 31, 1888.— Capital stock (par, $50), $60,000 ; funded debt, $45,000 first mortgage 6
per cent. 30-year gold $500 and $1,000 coupon bonds, dated July 1, 1884, interest payable January and July —
total stock and bonds, representing cost of road, $105,000. Trustees of bonds : N. W. James, E. S. Gary, C. G.
W. Macgill. Annual meeting, third Tuesday in June. Directors : Jas. A. Gary, Henry James, John Gill, Eugene
Carrington, J. W. Harvey, Jr., C. G. W. Macgill, Gustave Gieske, Baltimore, Md. Officers : JAMES A. GAKY,
President; Henry James, Vice- President ; John Gill, Treasurer; Eugene Carriugton, Secretary, Baltimore, Md.

Board of Directors, B. & P. UK. Co., ejected June 3, 1891.

R. D. Barclay Philadelphia, Pa. I John Cassels Washington, D. C. I B. F. Newcomer Baltimore, Md.

Frank Thomson... " [ W. T. Walters Baltimore, Md, | Francis T. Smith "

Samuel Cox, Jr Cox's Station, Md.

ODKN BOWIE, President Baltimore, Md.

Frank Thomson, 1st Vice- President Philadelphia, Pa.

W. J. Sewell, 2d Vice-President Washington, D. C.

Treasurer— John S. Leib Baltimore, Md. | Sec. and Auditor— James P. Kerr Baltimore, Md.

General Manager— Charles E. Pugh Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS Calvert Station, Baltimore, Md.

PITTSBURGH, SHENANGO AND LAKE ERIE RAILROAD COMPANY.

Main Line of Road.— Butler, Pa. , to Wallace Junction, Pa 106.7 miles.

Hilliard Branch : Branchton, Pa., to Billiard, Pa 10.3

Coaltown Branch : Coaltown Junction, Pa., to Coaltown, Pa 2.4

Gomersol Branch: Branchton, Pa., to Qomersol and Chisholm, Pa 5.1

Other Branches : Filer, 1.7 ; Argentine, 3.2 ; Reed, 2.2 ; Mercer, 0.8 7.9— 25.7 miles.

Leased : Meadmlle, Conneaut Lake & Linesmlle RR. : Meadville, Pa., to

Linesville, Pa .*.. 20.5 miles.

™ , j New York, Chic. & St. L. RR. : Wallace Jc., Pa., to Erie, Pa. 14.2

^age : (Pittsburgh and Western Ry. : P. & W. Junction to Butler, Pa. 0.5— 14.7 miles.

Total length of all lines operated December 31, 1891 167.6 miles.

Average mileage operated during the fiscal year 123.4 miles.

Sidings (owned, 25; leased, 3), 28 mile*. Gauge, 4 ft. 8£ in. Rail (steel, 112.7 miles), 60 Ibs.

History— Consolidation, October 22, 1890, of the Pittsburgh, Shenango and Lake Erie
and the Pittsburgh, Butler and Shenango RR. Cos.; the former a reorganization in February,
1888, of the Shenango and Allegheny RR. Co., and the latter successor March 25, 1889, to
the West Penn. and Shenango Connecting RR. Co., whose property was sold under foreclosure
January 5, 1889. (See MANUAL for 1890.) The consolidated company issued $3,000,000 stock
in exchange, share for share, for the stocks of the constituent companies — $2,500,000 for
Pittsburgh, Shenango and Lake Erie Stock, that stock having been paid up to that amount

POOR'S MANUAL OF RAILROADS. 927

just previous to the consolidation, and $500,000 for stock of the Pittsburgh, Butler and
Shenango. The company has under construction, to be completed by July 1, 1892, a branch
from Cranesville, Pa., to Conneaut Harbor, O., 14.4 miles, and a branch from junction with
N. Y., C. & St. L. RR. into Erie City, 2 miles. The Meadville, Conneaut Lake and Lines-
ville RK. is operated under a 99-year lease from June 8, 1891, at an annual rental of 25 per
cent, of gross earnings.

Rolling Stock, December 31, 1891. — Locomotive engines, 17. Cars — passenger, 17 ; bag-
gage, mail, and express. 4 ; freight (box, 54 ; stock, 12 ; platform, 6 ; coal, 554). 626 ; caboose,
6 ; other, 3 — total cars, 656. lu addition to this equipment the company uses 3 locomotives,
2 passenger, 1 baggage, etc., and 2 box cars, belonging to the leased line, and controls 100
coal cars.

Operations for year ending December 31, 1891 (123. 4 miles). — Train mileage — passenger,
200,786; freight, 161,784; mixed, 32,009; other, 97,300— total. 491,879 miles. Passengers
carried, 285,162. Tons freight moved, 607,185.

Earnings.— Passenger $123,058 09

Freight 198,^47 98

Mail 5,69954

Express 7,896 37

Miscellaneous. . . 1,353 54

Expense!.— Transportation . «1 JT,506 84

Motive Power i o_

Maintenance of Cars f ' '
Maintenance Way & B.n dings. 57,?2'5 ;!o
General _ . 22,292 88

Total ($2.730.59 per mile) $336,955 47

Total ($1,804.99 per mile) $222.735 79

Net earnings (33.89 per cent.), $114,219.68. Payments : Interest on bonds, $68,500 ;
rentals, $3,000— total, $70,510. Balance, surplus, $42,719.68.

Financial Statement, December 31, 1891. — Capital stock (par, $50) authorized and paid
in, $3,000,000 ; funded debt (1st mortgage 5 per cent. 50-year $1,000 gold coupon bonds, due
October 1, 1940, interest April and October), authorized, $3,000,000; outstanding, $2,740,000.

All the bonds and all other mortgages and receiver's certificates of the old company were
paid off and cancelled, and a new 5 per cent. 50-year mortgage dated October 1, 1890, for
$3,000,000, covering the entire consolidated line and branches built or under construction,
aggregating 171.8 miles, being at the rate of $17,462.17 per mile, was executed, and bonds
for that amount are being issued, interest to run from April 1, 1891. The mortgage also
covers rolling stock owned.

Annual meeting, first Tuesday in April, at Meadville, Pa.; books close sixty days pre-
viously. Interest on bonds payable at the office of the trustee, Central Trust Co., New
York, N. Y.

MEADVILLE, CONNEAUT LAKE AND LINESVILLE BAILBOAD.-Meadville, Pa., to
Linesville, Pa., 20.5 miles. Sidings, 3 miles. Gauge, 4 ft. 8^ in. Rail (steel, 2.5 miles), 60 IDS. Reorganization
of the Meadviile and Linesville RR. Co., whose property was sold under foreclosure early in 1891. Leased for 99
years from June 8. 1891, to the Pittsburgh, Shenango and Lake RR. Co., at an annual rental of 25 per cent, of
gross earnings. PRINCIPAL OFFICE AND ADDRESS, Meadville, Pa.

Board of Directors, P. S. & L. E. RR. Co., elected April 5, 1892.

Samuel B. Dick Meadville, Pa.

A. C. Hnidekoper

John Dick...

John E. Reynold? Meadrille, Pa.

Allen M. Cox Conneaut, O.

Duinont Clarke New York, >". Y.

Henry M. Dechert. Philadelphia, Pa.

A. F. Henlein Greenville, Pa.

Thos. H. Wells Youngstown, O.

SAMUEL B. DICK, President Meadville, Pa.

A. C. Huidekoper, Vice-President Meadville, Pa.

Treasurer— Daniel Moore Meadville, Pa. | Secretary and Auditor—?. E. McCray. . . .Meadville, Pa.

PRINCIPAL OFFICE AND ADDRESS Meadville, Pa.

PONTIAC, OXFORD AND NORTHERN RAILROAD COMPANY.

Line of Road.— Pontiac, Mich., to Caseville, Mich 100.20 miles.

Sidings, etc., 7.19 miles. Gauge, 4 ft. 8| in. Rail (steel), 56 Ibs.

History. — The Pontiac, Oxford and Port Austin RR. Co. was chartered September 24,
1881 ; road opened October 8, 1883. Sold under foreclosure September 19, 1889 ; purchased
for $1,000,000 on behalf of the first mortgage bondholders, and by them transferred to the
existing company September 24, 1889.

Rolling Stock, December 31, 1891. — Locomotive engines, 5. Cars — passenger, 7 ; bag-

928 POOR'S MANUAL OF RAILROADS.

gage, mail, and express, 1 ; freight (box, 46; platform, 61 ; stock, 4; caboose, 1), 112 ; other
cars, 1 — total cars, 121.

Operations for year ending December 31, 1891.— Train mileage— passenger, 63,818 ;
freight, 31,875; mixed, 47,765; other, 5,315— total, 148,773 miles. Passengers carried, 78,-
125 ; carried one mile, 1,526,990 ; average mile rate, 2.55 cents. Tons freight moved. 63,712;
moved one mile, 2,322,758 ; average ton-mile rate, 2.56 cents.

Expenses.— Transportation $29,835 57

Motive Power 6,37527

Earnings.— Passenger $38,967 85

Freight 59,559 79

Mail 5,780 12

Express 2,146 63

Miscellaneous... 651 63

Total ($1,068. 92 per mile) $107,10(J 02

Maintenance of Cars 3,536 81

Maintenance Way and Buildings. 29,479 34
General . 12,909 17

Total ($819.72 per mile). $82,136 16

Net earnings (23.31 per cent.), $24,969.86. Add other receipts, $172.13 — total revenue,
125,141.99. Paid dividends on stock, $30,000. Balance, deficit, $4,858.01. Surplus for-
ward, $14,321.01— net surplus, $9,463.20. .

General Balance Sheet, December 31, 1891.
Cost of Road $890,066 24 | Capital Stock (par, $100) $1,000,000 00

Cost of Rolling Stock 110,500 00

Materials and Fuel on Hand 3,805 56

Bills Receivable and Accounts .' 3,269 53

Cash on Hand 12,576 33

Total Assets $1,030,21 7 6(i

Current Accounts 10,754 46

Profit and Loss 9,463 20

Total Liabilities $1,020,217 66

Annual meeting in September, at Pontiac, Mich.

Directors (elected September 21, 1891). — George W. Debevoise, Hugh Porter, Charles
H. Stone, William H. Murphy, New York, N. Y.; A. C. Baldwin, Frank H. Carroll, James
Houston, Pontiac, Mich.

GEORGE VV. DEBEVOISE, President New York, N. Y.

Hugh Porter, Vice-President and Treasurer New York, N. Y.

Secretary— Wm. H. Murphy New York, N. Y. | Auditor— W. C. Sanford Pontiac, Mich.

PRINCIPAL OFFICE AND ADDRESS Pontiac, Mich.

Transfer Office New York, N. Y.

PORT TOWNSEND SOUTHERN RAILROAD COMPANY.

Main Line of Road. — Port Townsend, Wash., to Quilcene, Wash 27.6

Tenino Branch : Olyrnpia, Wash., to Tenino, Wash 15.0 — 42.6 miles.

Sidings, 1 mile. Gauge, 4 ft. 8£ in. Hail (steel), 56 Ibs.

History. — Chartered May, 1886 ; main line completed and opened as above in 1891. This
company purchased the road of the Olympia and Chehalis Valley RR. Co., which it now
operates as its Teuino branch. Controlled by the Oregon Improvement Co. through owner-
ship of stock.

Rolling Stock. — Locomotive engines, 4. Cars — passenger, 2; baggage, mail, and
express, 2 ; freight (box, 4 ; platform, 20 ; caboose, 2), 26— total cars, 30.

Operations for year ending November 30, 1891. — Train mileage, passenger, and freight
statistics not reported. Gross earnings, $38,001.35. Operating expenses, $31,853.75. Net

earnings, $6,147.60.

General Balance Sheet, November 30, 1891.

Construction Account $3,000,000 00 I Capital Stock (par, $100) $3,000,000 00

Stock of Olympia & Chehalis Val. RR. Co. 232,035 60 j Port Townsend Land Subsidy ()!).:-

Port Townsend Hotel 20,240 00 Port Townsend Cash Subsidy 28.281 92

Materials and Supplies on Hand 1,844 25 I Oregon Improvement Company 149,872 76

Accounts Payable 46,169 38

Accounts Receivable 51 ,4','S

Total Assets $3,305,548 16

Profit and Loss 11 ,934 98

Total Liabilities $3,305,548 16

Land Department. — There was offered as a subsidy for the building of this railroad to
a transcontinental connection : cash subscriptions, $104,200.67 ; lands amounting to 1,507.97

POOR'S MANUAL OF RAILROADS. 929

acres ; town lots in Port Townsend, 18 blocks ; subsequent donations, situated at Quilcene,
10 acres and 64 lots— total. 1,517.97 acres, 18 blocks, and 64 lots. Total sales, $102,786 ;
cash receipts, $69.488.30 ; balance, deferred payments, $33,297.70 — total cash receipts,
$70,470.13. Expenses. s34.4?S.71. Net receipts, $85,991.42. Add cash collected from cash
subscriptions, $17,256.92— total, $53.248.34, realized from the subsidies and applied to the
construction of the road.

Directors.— W. H. Starbuck, New York, N. Y. ; F. H, Prince, Boston, Mass. ; C. J.
Smith, A. F. Burleigh, J. F. Campion, Seattle, Wash. ; Charles Eisenbeis, Thomas Jack-
man, Port Townsend, Wash.

W. H. STARBUCK, President New York, X. Y.

C. J. Smith, Vice-President Seattle, Wash.

Treasurer— Oregon Improvement Co Seattle, Wash. | Sec. and Auditor— J. T. Campion Seattle.

PRINCIPAL OFFICE AND ADDRESS Seattle, Wash.

Transfer Office . New York, N. Y.

PRESCOTT AND ARIZONA CENTRAL RAILWAY COMPANY.

Line of Road. — Prescott Junction, Ariz., to Prescott, Ariz 73.12 miles.

Sidings, 2.25 miles. t Gauge, 4 ft. 8± in.

History.— Chartered June, 1885. Road opened December 31, 1S86.«

Rolling: Stock, December 31, 1891. — Locomotive engines (owned, 1 ; car trust, 2), 3.
Cars — (owned), passenger, 2 ; baggage, mail, and express, 1 ; freight (box, 5 ; platform, 20;
coal, 5), 30 ; other, 6— total cars, 39.

Operations for year ending December 31, 1891. — Train mileage, passenger, and freight
traffic not reported. Earnings— passenger, $24,364.63; freight, $107,331.87 ; mail, $4,897;
express, $3,228.66— total, $139,822.16. Operating expenses, $78,914.64. Net earnings,
$60,907.52. Payments : Interest on 1st mortgage bonds, $46,500 ; county taxes, $12,785.90
—total, $59,289.90. Balance, surplus, $1,617.62.

Financial Statement, December 31, 1889 (latest furnished).— Coital stock (par, $100),
$1,200,000 ; funded debt ($775,000 1st mortgage 6 per cent. 30-year $1,000 coupon bonds,
due 1916, interest payable January and July; $775,000 2d mortgage income 6 per cent. 30-
year $1,000 coupon bonds, due 1916, interest payable January and July), $1,550,000; current
accounts. $3,286.28; car trusts, $5,021.24; accrued interest, $23,250; profit and loss,
$44,330.30— total, $2,825,887.82. Contra: Cost of road and equipment, $2,725,000; real
estate, $22,500; materials and fuel on hand, $3,805.70; other property and assets, $16,710.50;
-41,916.97 ; current accounts, $15,924.65— total, $2,825,887.82. The company reports
the same amount of stocks and bonds outstanding on December 31, 1891, as iliovrn in above
balance sheet.

Annual meeting, first Monday in November, at Prescott, Ariz. Books close ten days in
advance of annual meeting. Trustee of bonds, Central Trust Co., New York, N. Y. Bonds
listed on New York Stock Exchange.

Directors.— T. S. Bullock, L. H. Wilson, V. A. Wilder, S. D. Freshman, New York, N. Y. ;
Wm. N. Kelly, Hugo Richards, Levi Bashford, Prestcott, Ariz. ; J. J. Fisher, St. Louis. Mo.
T. S. BULLOCK, President & Gen. Manager.. .40 Wall sV, New York, N.Y.

J. J. Fisher, Yu'e-Prtsident St. Louis, Mo.

— W. X. Kelly Prescott, Ariz. ! Sec. and Auditor— I*. H. Wilson New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS Prescott, Ariz.

Transfer Office 40 and 42 Wall Street, New York, N. Y.

REDONDO RAILWAY COMPANY.

Line of Road.— Redondo, Cal., to Los Angeles, Cal 17.7 mile?.

Sidings, 2.6 miles. Gauge, 3 ft. Rail (steel), 24 and 48 Ibs.
History.— Chartered April 1, 1S89 ; road opened January 1,
59

930 POOR'S MANUAL OF RAILROADS.

Rolling Stock, December 31, 1891. — Locomotive engines, 5. Cars — passenger, 15 ; freight
(box, 16 ; platform, 17), 33 ; other, 6— total cars, 54.

Operations for year ending December 31, 1891. — Train mileage (mixed), 74,614 miles.
Passengers carried, 54,280. Tons freight moved, 22,102. Earnings — passenger, $29,255.57 ;
freight, $27,664.78 ; other, $1,711.17— total, $58,631.52. Operating expenses— transportation,
$36,446.10; maintenance of equipment, $2,938.48; maintenance of way and buildings, $9,-
228.57; general, $9,085.63— total, $57,698.78. Net earnings, $932.74. Add other receipts,
$5,11)8.30— total income, $6,131.04. Payments : Interest on debt, $153.65 ; taxes, legal ex-
penses, etc., $5,999.81 — total, $6,153.46. Balance, deficit for year, $22.42. Surplus forward,
$20,529.16— net surplus, $20,506.74.

General Balance Sheet, December 31, 1891.

Cost of Road $242,799 53

Cost of Rolling Stock ' 91,481 70

Real Estate and Buildings 54,060 33

Stores and Fuel 5,919 47

Cash on Hand . . 8,509 44

Total Assets $402,770 47

Capital Stock (par, $100) $360,545 83

Bills Payable 21,717 90

Profit and Loss 20,506 74

Total Liabilities $402,770 47

Annual meeting, second Monday in January, at Kedondo Beach, Cal. Capital stock,
$500,000. Voting power attaches to stock after ten days' ownership. .

Directors (elected January 11, 1892). — Geo. J. Ainsworth, R. H. Thompson, Redondo
Beach, Cal.; D. McFarland, L. T. Garnsey, W. H. Bonsall, Los Angeles, 'kCal.

GEO. J. AINSWORTH, President Redondo Beach, Cal.

R. H. Thompson, Vice-P resident & Gen. Man Redondo Beach, Cal.

Sec. and Treas.—S. P. Rees Redondo Beach, Cal. | Gen. Supt.—J. N. Button Los Angeles, Cal.

PRINCIPAL OFFICE AND ADDRESS Redondo Beach, Cal.

RICHMOND CITY AND SEVEN PINES RAILWAY COMPANY.

Line of Road. — Richmond, Va., to Seven Pines, Va 7.5 miles.

Sidings, 0.25 mile. Gauge, 4 ft. 8* in.

History.— Organized June 14, 1888.

Rolling Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 4 ; freight,
(box, 1 ; flat, 4), 5 — total cars, 9.

Operations for year ending June 30, 1891. — Earnings (passenger and freight), $6,005.91.
Operating expenses, $6,806.42. Loss from operations, $800.51. Other charges: Interest on
bonds, $3,795 ; rentals, $100 ; taxes, $247.60— total, $4,142.60. Deficit for year, $4,943.11.

Financial Statement, June 30, 1890.— Capital stock (authorized, $100,000 ; par, $100),
issued and outstanding, $18,200 ; funded debt (1st mortgage 6 per cent. 30-year bonds, due
1918, interest payable May and November) outstanding, $63,500 ; equipment trust obliga-
tions, $10,321.10; current liabilities, $7,443.48— total, $99,664.58. Contra: Cost of road,
$40,550 ; of equipment, $11,650; cash and cash assets, $746.91.

Directors (elected June 20, 1891).— V. Hechler, Jr., F. M. Connor, Jas. H. Hardgrove,
E. H. Ferguson, E. A. Catlin, Richmond, Va. ; C. L. Miller, East Richmond, Va.

JAMES H. HARDGROVE, President Richmond, Va.

Sec. & Treas.—John C. Fowler. . .East Richmond, Va. | General Manager— V. Hechler, Jr Richmond, Va.

PRINCIPAL OFFICE AND ADDRESS 26th and Venable Sts., Richmond, Va.

RIO GRANDE JUNCTION RAILWAY COMPANY.

Line of Road.— Rifle, Col., to Grand Junction, Col 62.08 miles.

Gauge, 4 ft. 8-fc in. Rail (steel), 65 Ibs.

History.— Chartered June 25, 1889 ; road opened as above, November 16, 1890. Leased

POOR'S MANUAL OF RAILROADS. 931

for 30 percent, of gross earnings to the Denver and Rio Grande RR. and tlie Colorado Mid-
land Ry. Cos., which companies jointly and severally guarantee principal and interest of the
bonds.

Operations, etc. — Included in lessees' statements.

Financial Statement, June 30, 1891.— Capital stock (authorized, $2,000,000; par, $100),
$525,700 ; funded debt (1st mortgage guaranteed 5 per cent. 50-year $1,000 gold coupon
bonds, due December 1, 1939, interest June and December ; authorized, $2,000,000) outstand-
ing, $1,850,000; current accounts, $1,479,623.46 ; other liabilities, $34,963.54— total, $3,890,-
287. Contra : Cost of road, $3,849,300 ; current accounts, $40,987— total, $3,890,287. The
unissued bonds ($150,000) are reserved for future capital requirements.

Annual meeting, July 1, at Denver, Col. Interest on bonds payable at the office of
Maitland, Phelps & Co., New York City. Trustee of bonds and registrar of stock, Central
Trust Co., New York, N. Y. Bonds listed on the New York Stock Exchange.

Directors (elected July 1, 1891).— L. M. Cuthbert, J. W. Gilluly, E. R. Murphy, Den-
ver, Col. ; H. Collbran, C. E. Noble, Colorado Springs, Col. ; R. E. Sloan, New York, N. Y.

L. M. CUTHBERT, President Denver, Col.

Trtasnrer — J. W. Gilluly Denver, Col. [ Secretary — E. R. Murphy Denver, Col.

PRINCIPAL OFFICE AND ADDRESS Denver, Col.

Transfer and Financial Agency Maitland, Phelps & Co., New York, N. Y.

RIPLEY AND MILL CREEK VALLEY RAILROAD COMPANY.

(Following statement is repeated from MANUAL for 1891 ; later information refused.)

Line of Road.— Mil wood Junction, W. Va., to Jackson C. H., \V. Va 12.33 miles.

Gauge, 4 ft. 8£ in. Rail (steel), 45 Ibs.

History. — Road completed about October 1, 1888.

Rollins: Stock. — Locomotive engine, 1. Cars supplied by the Ohio River RR. Co.

Operations, etc.— Not reported.

Financial Statement.— Capital stock, $90,000. No further information furnished by
this company. It is said that the company has made an issue of $50,000 bonds, and that
they are guaranteed by the Ohio River RR. Co.

Directors. — J. H. Riley, J. S. McKown, B. F. Armstrong, James M. Paling, H. C.
Flesher, W. Miller. Geo. J. Walker, J. E. Graham.

JOHN H. RILEY, President Marietta, O. -

H. C. Flesher, Vice-President Jackson C. H., W. Va.

Treas. <£ G. Jfr/r.—Geo. W. Thompson. Parkersbv,W. Va. | Secretary— John S. McKown. Jackson C. H., W.»Va.

PRINCIPAL OFFICE AND ADDRESS Jackson C. H. , W. Va.

ROCKPORT RAILROAD COMPANY.

Line of Road. — Simonton's Corner, Me., to Rock port, Me 3 miles.

Gauge, 3 ft.

History. — Organized May 18, 1886, and road built during the same year. Built for and
used exclusively in the transportation of limestone from the quarries to the kilns in the
town of Rockport.

Rolling Stock. — Locomotive engines, 2. Cars — freight (flat, 3 ; dump, 30), 33.

Operations for year ending June 30, 1891. — Train mileage (freight), 3,600 miles. Tons
freight moved, 17,125 ; moved one mile, 51,375 ; average ton-mile rate, 1.83 cents. Earn-
ings (freight), $9.297.88. Operating expenses, $6,867.14. Net earnings, $2,430 74.

Financial Statement, June 30, 1891.— Capital stock (par, $100), $30,000, representing
cost of road and equipment.

Annual meeting, first Tuesday in Julv.

932 POOR'S MANUAL OF RAILROADS.

Directors (elected July 7, 1892).— S. D. Carleton, P. J. Carleton, S. E. Shepherd, H. L.
Shepherd, Oliver P. Shepherd, Ralph W. Carleton, Rockport, Me.

P. J. CARLETON, President Rockport, Me.

Treasure ;•— H. L. Shepherd Rockport, Me. | Secretary— L. H. Lovejoy Rockport, Me.

PRINCIPAL OFFICE AND ADDRESS Rockport, Me.

SAGINAW VALLEY AND ST. LOUIS RAILROAD COMPANY.

Main Line of Road.— Ithaca to Paines, Mich 35.50 miles.

Leased : Saginaw and Grand Rapids RR. : Alma to St. Louis 3.60 miles.

Trackage : Michigan Central RR. : Paines to Saginaw 6.00 miles.

Total length of road operated December 31, 1891 45.10 miles.

Sidings, etc., 5.64 miles. Gauge, 4 ft. 8| in. Rail, 50 Ibs.

History. — Company organized May 17, 1871. Road opened from Paines to St. Louis,
Mich., 29 miles, January 1, 1873 ; to Ithaca in March, 1883. This road is operated by the
Detroit, Lansing and Northern RR. Co. under an agreement by which that company pro-
vides for any deficit of earnings to meet interest charge on bonded debt of May 1, 1872. Sep-
arate accounts of earnings, etc., kept.

Rolling Stock, December 31, 1891. — Locomotive engines, 3. Cars — passenger, 2 ; bag-
gage, mail, and express, 1 ; freight (box, 10 ; platform, 40), 50 ; other, 2 — total cars, 55.

Operations for year ending December 31, 1891. — Train mileage — passenger, 65,274 ;
freight, 28,490— total, 93,764 miles. Passengers carried, 102,303 ; carried one mile, 1,925,-
229 ; average mile rate, 2.59 cents. Tons freight moved, 62,397 ; moved one mile, 1,307,993 ;
average ton-mile rate, 3 cents.

Barnlngv.— Passenger $49,820 24

Freight 39,257 26

Mail 3,300 84

Express 881 65

Total ($2,067.84 per mile) $93,259

Expenses.— Transportation $80,880 28

Motive Power and Cars 3.625 41

Maintenance Way and Bldgs. . . . 23.S32 '.H
General .. . Il,i22 7:

Total ($946.34 per mile) £42.680 00

Net earnings (23.37 per cent.), $21,798.55. Add other receipts, $335.78— total available
revenue, $22,134.33. Payments : Interest oh bonds, $35,680 ; rental leased lines, $7,000 —
total, $42,680. Balance, deficit, $20,545.67. Deficit forward, $92,526.46— total deficit, ad-
vanced by D., L. & N. RR. Co., $113,072.13.

Financial Statement, December 31, 1891.— Capital stock ($300,000 authorized), $264,-
804.01 ; funded debt (1st mortgage 8 per cent. 30-year $1,000 coupon bonds, due May 1, 1902
interest payable May and November), $446,000 ; other liabilities, $136,564.13— total, $847,-
368.14. Contra : Cost of road, $618,176.81 ; rolling stock, $87,037 ; current accounts,
$353.18; due from other companies, etc., $26,043.36 ; cash on hand, $2,685.66; profit and
loss.. $113,072.13— total, $847,368.14.

Annual meeting, second Wednesday in July, at St. Loui?, Mich. ; books close ten days
previously. Registrar of stock, J. E. Howard (Secretary), Grand Rapids, Mich. Trustee of
bonds, Charles Merriam, 50 State St., Boston, Mass.

SAGINAW AND GRAND RAPIDS RAILROAD.— St. Louis, Mich., to Alma, Mich., 3.60
miles. Gauge. 4 ft. 8± in. Rail (steel, 3.6 miles), 50 Ibs per yard. Chartered October 12, 1878. Road opened in
May, 1879, and leased in perpetuity to the Saginaw Valley and St. Louis RR. Co., at a rental t-quivulent to 10 per
cent, per annum of the capital stock of this company, 2 per cent, of which is set aside to purchase the stock of
this company for the use and benefit of the Saginaw Valley and St. Louis RR. Co. at an agreed price. F',in(nci>il
Statement.— Capital stock ($100 per share), $70,000, representing cost of road and equipment. NATHAMKI.
THAYER, President, Boston, Mass. ; James E. Howard, Secretary, Treasure)1, and Transfer Agent, Grand Rapids,
Mich. GENERAL OFFICE, Grand Rapids, Mich.

Board of Directors, Saginaw Valley and St. Louis RR. Co., elected July 9, 1891.

H. H. Hunnewell Boston, Mass.

Geo. E. Shattuck "

Charles Merriam. . . . "
('has. F. Adams.

Nathaniel Thayer Boston,

John A. Burn ham "

Charles L. Young "

E.V. R. Thayer

F. H. Damon Boston. Jla--.

II. Nrwcomb

A. H. Hardy "

Geo. Whitnej

ay «*

Charles M. Heald '. Grand Rapids, Mich.

NATHANIEL T BAYER, President Boston, Mass.

Sec. & Treas.—-5. E. Howard Grand Rapids, Mich. | General Man.— Charles M. Heald.. Grand Rapids. Mich.

PRINCIPAL OFFICE AND ADDRESS Grand Rapids, Mich.

POORS MANUAL OF RAILROADS. 933

ST. AUGUSTINE AND SOUTH BEACH RAILROAD COMPANY.

(FolloiriiKj xt-itemcnt is repeated from MANUAL for 1891; later information refused)

Line of Road Projected. — In and around city of St. Augustine 15 miles.

Completed : St. Augustine to South Beach, Fla 5 miles.

Gauge, 3 ft. Rail, 30 Ibs.

History.— Chartered May 27, 1886 ; road opened as above in 1889.

Rolling Stock. — Locomotive, 1. Cars — passenger. 1 ; freight (platform, 1 ; other, 2), 3.

Financial Statement: -Capital stock (par, $100 ; authorized, $50,000) paid in, £40.000 ;
funded debt (1st mortgage 6 per cent. 20-year $500 bonds, due January 1, 1907, interest para-
ble January and July ; authorized, $30,000), $7,000— total stock and bonds, $47,000. Contra :
Cost of road, $12,300 ; rolling stock, $9,500 ; real estate, etc., $25,200.

Directors.— M. S. Cartter, St. Louis, Mo. ; M. R. Bean, J. A. Davison, O. G. Shands, St.
Augustine, Fla. ; Allen Wood, Hammondsport, N. Y.

M. S. CARTTER, President St. Louis, Mo.

M. R. Bean, Vice-President St. Augustine, Fla.

Secretary— J". A. Davison St. Augustine, Fla. j Auditor— O. G. Shands St. Augustine, Fla.

PRINCIPAL OFFICE AND ADDRESS St. Augustine, Fla.

ST. LOUIS, ALTON AND TERRE HAUTE RAILROAD COMPANY.

Lines Operated by St. L., A. & T. H. RR. Co. as Cairo Short Line Division :

Proprietary Road : Belleville Branch RR.: E. St. Louis. 111., to Belleville, 111.. .14.40 miles.

f Belleville and Southern Illinois ER.: Belleville to Du Quoin, 111 56.40 miles.

I Belleville and Eldorado RR.: Du Quoin to Eldorado. Ill 50.20 miles.

Leased : •( Belleville and Carondtlet RR.: Belleville to East Carondelet, 111 17.30 miles.

| >/. Lv'.iis frmthern RR. and Branches : (See statement) 47.24 miles.

(^ Chicago, >?. L. and Pad. Ry. and Brs.: (See statement) 53.50 miles.

Total length of lines owned and leased, December 31, 1891 239.04 miles.

Sidings, etc., — miles. Gauge, 4 ft. 84- in. Rail— iron, 5.0 ; steel (189 miles), 58 Ibs.

History,— A reorganization, February 18, 1861, of .the Terre Haut^, Alton and St. Louis
RR. Co., whose road was sold under foreclosure at about the same time. (See MANUAL for
1888, page 525.)

The claims of the preferred stockholders for arrears of dividends up to the first day of
January. 1881, were paid in dividend bonds bearing 6 per cent, interest, when earned, not
cumulative. The total due on this account was 55 per cent, of the capital sum.

The Chicago, St. Louis and Paducah Railway was completed in December, 1888, and
opened for business December 3, 1888. It is operated under lease by this company.

In November, 1890, this company's main line extending from East St. Louis, 111., to
Terre Haute. Ind., with branch to Alton, 111., a total distance of 193 miles, was sold to the
Cleveland, Cincinnati, Chicago and St. Louis Ry. Co. on terms stated on pages 906-907 of
MANUAL for 1891.

Rolling Stock, December 31, 1891. — Locomotive engines, 36. Cars — passenger, 20 ;
baggage, 2 ; mail, 1 ; pay, 1 ; combination, 4 ; baggage and mail, 3 : freight (box. 250 ;
fruit, 12 ; stock, 20 ; coal, 1,381 ; dump, 25 ; caboose, 19; flat, 152), 1,859— total, 1,890.

Operations for year ending December 31, 1891. — See tabulated statement below.

Earnings.— Passenger $207,608 79

Freight 721,4*4 09

Mail and Express, 59.909 0.5

Coal 347.747 22

Miscellaneous 38,87518

Total ( $6,006.79 per mile) $1 .435.624 33

Expenses.— Transportation §384,341 80

Motive Power and Cars 170.723 20

Maintenance Way & Buildings 167.766 23

General and Taxes 131,836 86

Total ($3.576.02 per mile) $854,668 09

Net earnings (40.47 per cent.), $580,956.24. Paid rentals of leased lines, $393,911.05.
Net revenue, $187,045.19, which was derived as follows : From Belleville Branch, separate

934

POOR'S MANUAL — ST. LOUIS, ALTON AND TERRE HAUTE RR. CO.

earnings, $29,797.88; from Belleville Branch, contributed by leased lines, $57,942.14 ; from
leased roads, after deducting expenses and rents, $99,305.17 — total, as above, $187,045.19.
Add interest on C., C., C. & St. L. collateral trust bonds, $357,013.28 ; miscellaneous receipts,
$15,065.81— total income, $559,124.28. Payments : Interest on bonds, $469,000 ; on loans,
$3,944.88; new equipment, $86,250; betterments, $75,254.85— total, $634,449.73. Deficit,
$75,325.45. Surplus forward, $301,050.74— net surplus, $225,725.29.

General Balance Sheet, December 31, 1891.

$13,125,400 00

Property Account, Including C., C., & St. L. 1st
Collateral Trust Bonds :

With U. S. Trust Co $7,000,000 /

In Treasury 1,513,000 )

*In Suspense 1,237,000

Sinking Fund Trust 1,334,016 42

Cash 159,221 50

Int. Accrued on C., C., C. & St. L. Bds. . . 56,773 28

Leased Line Stocks and Bonds 1,000 00

B. & C. RR. Co. Stk. par value. $500,000
C.,St.L. &P.Ry.Co.Stk.parval. 900,000
C., St. L. & P. Inc. Bds. par val. 500,000

Supplies on Hand 72,981 16

Accounts Receivable 120,335 67

Common Stock : $2,300,000 00

Preferred 7 p. c. Stock (par, $100)

Funded Debt Outstanding

Accrued Interest on Funded Debt

Unpaid Coupons and Dividends

Accrued Rent, Leased Roads

Accrued Taxes for 1891

Bills Payable

Accounts Payable

tSuspense Account

Surplus in Sinking Fund ,

Balance Income Account. . .

1,655,800 00

8,057,000 00

1:34,750 00

4,277 52

154,752 22

42,884 34

100,000 00

87,940 25

772,581 99

1,334,016 42

225,725 29

Total Assets .......................... $14,869,728 03

Total Liabilities.

..$14,869,728 03

Funded debt consisted, December 31, 1891, of—

1st mortgage 7 per cent. (A) 30-year bonds, due July 1. 1894, interest January and July $1,100,000

1st mortgage 7 per cent. (B) 30-year bonds, due July 1, 1894, interest April and October 1,100,000

2d mortgage preferred 7 per cent. (C) 30-year bonds, due July 1, 1894, interest February and August . . . 1,400,000

2d mortgage preferred 7 per cent. (D) 30-year bonds, due July 1, 1894, interest May and November 1,400,000

2d mortgage income 7 per cent. 30-year bonds, due July 1, 1894, interest May and November 1,700,000

Dividend 6 per cent, bonds, dated 1881, due Jan. 1, 1894, interest not exceeding 6 per cent, if earned. . . 1,357,000

The trustees of the sinking fund of the first mortgage bonds report — 1st mortgage bonds
in sinking fund, series "A," $504,000; series " B," $589,000— total, $1,093,000. Cash on
deposit with the U. S. Trust Co., $241,016.42— total, $1,334,016.42.

The interest on the preferred stock is cumulative. It takes precedence of the interest
on the dividend bonds issued in 1881, and is also convertible into common stock at par.
Voting power attaches to all classes of bonds except the dividend bonds.

It was proposed in a circular of December 29, 1890, qualified by later circulars of
January 8, and February 25, 1891, that such holders of preferred stock as might so elect
should have the opportunity of surrendering their certificates of stock, with all arrears of
accrued dividends, in exchange, for 150 per cent, of the par of the said stock in the bonds of
the C., C., C. & St. L. Ry. Co., held by this company, all stock so surrendered to be can-
celled and retired. Up to December 31, 1891, there had been surrendered 8,126 shares of the
preferred stock, and in exchange there had been delivered to the holders bonds of the C., C.,
C. & St. L. Ry. Co., to the par value of $1,218,900, with sales of scrip, $8,100— making a
total of $1,222,000.

The dividend bonds are not entitled to receive anything either for interest or principal
until all arrears of dividend upon the preferred stock, as well as other prior legal claims, shall
have been adjusted, and a surplus of annual earnings reached which will be applicable to
such dividend bonds.

Dividends. — In 1880, the company distributed 55 per cent, of the principal of the pre-
ferred stock in dividend bonds, and 3 per cent, in cash for arrears up to January 1, 1881.
From 1881 to 1884, inclusive, four cash dividends of 7 per cent, each were paid on preferred
stock. In 1885 and 1886, 2£ per cent, each were paid. In 1888, U per cent., and in January,
1889, 1 per cent. (For statement of all dividends paid by the company up to the close of the
year 1887, see MANUAL for 1888, page 528.) Dividends payable at 10 Wall St., New York.

* This item will be adjusted when the final entries in connection with suspense account are made.
t Includes retired preferred stock and expense incident to sale of main line. Final adjustment not yet made
and completing entries are delayed till such adjustment, which will probably be made during 1892.

POOR'S MANUAL — ST. LOUIS, ALTON AND TERRE HAUTE RR. CO.

935

Statement of operations of the Cairo Short Line Division and of the income account and
general balance sheet of the St. L., A. & T. H. RR. Co. for eight years :

1884

1885

1886

1887

1888

1889

1890 1891

Miles of Railroad Owned. . .
Atiles Operated ....

207.60
138.30
270.81
113.89
255.611
7.007.196
380,334
372.632
10,912,468
23,329,109

168,721
161,183
359,192
52.054

207.60
138.30
270.81
196.60
224,577
6,624,391
431,158
379,384
12.159,616
24.385,363
$
147.474
210.442
355.254
53.146

207.60
142.60
270.81
196.60
207,013
5,801.224
502,639
386,384
18,584.C40
24,034,955
|

137.5(51
245.176
371.354
49,899

207.60
187.90
270.81
196.60
243,995
! 6.4T5.066
650.603
487,920
1 27.667,310
' 28,051,522

s

161,306
328,164
4J7_,761

207.60
203.00
270.81
291.54
267.700
6,669,098
668.312
493,143
25.532,534
30,097,295

170.479
270,668
426.93*
81.222

207.40
289.00

270.61
291.54
296,014
7,890,636
780,253
594,369
27,868,489
44,251,864

S

200,958
294,228
556,410

58,aso

14.40 14.40
239.04 | 239.04

Miles of Track Owned . .
Miles of Steel Rail*
Passengers Carried
Passenger Miles
Coal (tons) Moved
Freight (tons) Moved
Coal (ton) Miles
Freight (ton) Miles

Passenger Earnings

i

351,768
9,762,539
835,176
760,886
30,619,438

335,216

674.935

86.941

383,774
! 11.064,998
917,504
&34.420
36,489,500
67,855,178

267,609
347,747
781,434

98.784

Coal Earnings

Freight Earnings.

Other Earnings

Gross Earnings
Gross Expenses and Taxes.

Net Earnings
Other Receipts
Available Revenue
Rentals

741.150! 766.316
406,160; 397,848

803,990
408,895

395.095
452.555
847,650
214,482
501,209
61,710
75.595
def. 5,342
'5.63808
2.876 43
2.770 65
50.86 p. c.
2.37c.
1.88 c.
1.55 c.

4,768.400
8,Q57;000
18736
1,070.519
125,000
134,750

962.480
521.079

949.307
548.511

1.110.42tS 1.336,9101 1,435.624
648,678! 809,142 854,668

334.990
484.467
819,457
203,971
469,000
172,788
18.075
fief. 44.377
'5.35900
2.936 81
- 2.42219
54. 80 p. c.
2.41 c.
1.48 c.
1.54c.
8
4,7i8,400
8,357,000
218,491
655,000

398,968
458,126
827,094
203.3S1
489,555
172.788
16.170
fief. 54,800
5,540 97
2.873 08
2,667 89
51. 85 p. c.
8.28 c.
1.78 c.
1.46 e.
$
4,768,400
8.057.000
202,941
655,000

441,401
452,436
893,837
366,882
469,000

"119,960
48,995
5.122 30
2.773 17
2.349 13
54. 14 p. c.
2.49 c.
1.11 C.

1.40 e!

S
4,768.400
8.057.000
14.099
1,114,987
50.000
134.750
694

400,796
452,643
853.439
246,936
469.660
55.539
68,523
9,781
5.052 19
2,919 16
2.133 03
57. 78 p. c.
2.56C.
1.08 C.
1.42c.
S
4.768,400
8,057,000
38,595
1.184,727

461,748
452,729
914,477
332.095
469,000

527.768 580,956
440,4121 372.L79
S68,180 953:035
362,149 393.911
469,000! 469.000

Interest
Dividends

Miscellaneous
Surplus
Gross Earnings per Mile
Gross Expenses per Mile. . .
Net Earnings per Mile
Expenses to Earning?
Av. Rate p. Pass, p Mile . . .
Aver. Rate p. Ton Coal p.M.
Aver. Rate p. Ton p. Mile. .

Capital Stock...

94,077
19,305
4.646 13
2.714 13
1.932 00
58.41 p. c.
2.55c.
1.06c.
1.26c.
S

4.768.400
8,057.000
11,645
1,243,804

146.997
def. 9.966
5,593 75
3,385 53
2,20822
60.52 p. c.
2.46c.
1.095C.
1.072c.

4.768.400
8,057,000
11,815
1,260,377

165,450
fief. 75.325
6.00679
3.576 02
2,430 77
59. 53 p. c.
2.42 c.
0.953 c.
l.OfcSc.
I

8,057.000
4,278
1,334,016
100.000
134.750

Funded Debt

Coupons and Dividends Due
Sinking Fund
Bills Payable.

Accrued Interest
Due Belleville Branch

134,750

134,750

134.750

134.750
40,071

134.750
40,680
45,833
1,000

Due C.C.C.& St.L..spec'l ac.
Suspense Account

772.582
285,577
- 225,725

Sundry Accounts

75M92

Profit and Loss

695,693 695,351

814.345 291,7i2 311,6i7

301,051

Total Liabilities..

14,884,133
13,125,400
456,495
75,919
7,515
655,000
231,104
295 200

14,513.784
13,125.400
456,495
75,919
8,823
655,000
154,647

14,864.756
13,125,400
456.495
75,919
10,152
1,070,519
126,271

14,954.225
13,125,400
456.945
75,919

14.475,193! 14,566,687
13,125,400! 13,125,400

14,620,906
13,125,400

14.869,728
13.125,400

Permanent Property
Due from Lessees
Bills Rec. (Lessees' Notes).
Belleville Branch
Sinking Fund
Bank of North America ....
Spec. Bond Investment . .
I. & St. L. Ry. Co. (Lessee).
Current Assets & Accounts.

Total Assets ...

16,166'...
1,184,7271 1,243,804
148,966 197,483

" "{.260,877
169,129

' '{,334,616
159,222

1,114,937
181,474

37, 500 1 37,500

66,000

251,090

14,884,133 14,513,784

14.864,756 14,954,225

14,475,1931 14,566,687

14,620,906 14,869,728

* Includes in 1888 and 1889 track additional to track owned.

Annual meeting, first Monday in June. Books close for annual meeting at least thirty
days previously, and reopen the day after the meeting. Registrar of stock, Bank of Xorth
America. Stock and bonds listed on the New York Stock Exchange.

RAILROADS OWNED OR LEASED BY THE ST. L. AND T. H. RR. Co.

BELLEVILLE AND CARONDELET RAILROAD. -Belleville,

}' 17'80 mes- Chartered February 20. 1881. Leased to St. Louis, Alton and

TIL, to East Carondelet, 111.,

ooo . . . , Terre Haute RR. Co., June 1,

580, at a rental of $30,000 per annum, being the annual interest on the bonded debt ($500.000), as below. Under
the terms of the lease the entire capital stock. $500.000, was transferred to the lessee company. The bonded debt
consists of $485,000 first mortgage 6 per cent. 40-year §1.000 coupon bonds, due June 1. 1923. interest pavable June
andDecember. Of the original $500,000, $15,000 have been cancelled. Mortc/aqe Tru **••(* • R. F. Ciittin°- and
M. Bayard Brown. Interest guaranteed by lessee. MADISOX T. STOOKEY, President. Belleville. 111.

BELLEVILLE AND ELDORADO RAILROAD.-Du Quoin to Eldorado. 111.. 52 miles : total
n)A t)3-5Tmiles- Chartered February 22. 1861 ; road opened October 31. 1871. Leased to the St. L.. A and
. Co., July 1, 1880, for the term of 9St> years, and operated in connection with the Belleville Branch line.

936 POOR'S MANUAL OF 'RAILROADS.

Rental, 30 per cent, of the gross earnings up" to $2,500 per mile and 15 per cent, on all excess above $2,500. As
an inducement to the lease, the Belleville and Southern Illinois RR. Co. reduced the rental charge 10 per cent.
upon all business passing ov?r its road derived from or going to the B. & E. RR. Rental received for year 1887,
$15,400. At Eldorado the road intersects the Cairo and Vincennes RR., and the Shawneetown Branch of the St.
L. & Southeastern, now the Louisville and Nashville RR. Capital stock, $1,000,000 ; funded debt, 1st mortgage
7 per cent. 30-year bonds, interest guaranteed by lessees, and due July 1, 1910, $220,000 ; and 2d mortgage t> per
cent. 40-year bonds, due August 1, 1920, $330,000— total, representing cost of road, $1,550,000. E. F. LEONARD,
President,, Springfield, 111.; Robert Fulton Cutting, Twisni'i-r. New York City. CORPORATE OFFICE, Belleville, 111.

BELLEVILLE AND SOUTHERN ILLINOIS RAILROAD.— Belleville to Du Qnoin, 111.,
56.4 miles ; total track (steel), 61 miles. Chartered February 15, 1857 ; completed December 15. 1873. At Du
Quoin it connects with the Illinois Central, and forms a short line between St. Louis and Cairo. Leased for 999
years from October 1, 1866. Rental, 40 per cent, of gross earnings (except on coal business and business derived
on Belleville and Eldorado, Texas and St. Louis, and St. Louis Southern RRs.. 30 per cent.), on first $7,000 per
mile ; 30 per cent, on earnings exceeding that amount, and up to $14,000 ; and 20 per cent, on all in excess of
$14,000. Rental received for 1890, $198,440.19. Dividends tave been paid as follows : 1873, 1 per cent.; 1875, 1.8
percent.; 1876, .65 percent.; 1877, .68 per cent.; 1878, .62 per cent.; 1879, 1.05 per cent.; 1880, 4.5 per cent.; 1881,
4.5 per cent. ; 1882, 5.5 per cent. ; 1883. 6.25 per cent. ; 1884, 5.5 per cent. ; 1885, 5 per cent. ; 1886, 5 per cent. ; 1887,
6f per cent. ; 1888, 6£ per cent. ; 1889, Of per cent. ; in 1890, 8| per cent. ; and in 1891, 8.53 per cent. Interest on bonds,
$81,680 ; sinking fund. 1 per cent., $5,000 ; surplus, $103,835. Capital stock (common, $417,000 : preferred, $1.-
275,000), $1,692,000. Funded debt. 1st mortgage sinking fund 8 per cent. 30-year bonds ; interest and sinking
fund guaranteed by lessee, due October 1, 1896, $1,100,000 ; less, cancelled by operation of sinking fund, $86,000 ;
amount outstanding, $1,014,000— total, stock and bonds, representing cost of road, §2,805,000. THOMAS DENNY,
President; J. K. Gapen, Treasurer, New York City. CORPORATE OFFICE, Belleville, 111.

ST. LOITIS SOUTHERN RAILROAD. -Pinckneyville, 111., via Murphysboro1 to Carbondale, 111.,
32.90 miles. Leased : Carbondale and Shawneetown RR.— Marion, 111., to Carbondale, 111., 18 miles— total, 50.90
miles. Sidings, 5.5 miles. Gauge, 4 ft. 8* in. Rail (steel, 34 miles), 56 and 60 Ibs. Organized August, 1886, to
succeed to the properties of the St. Louis Coal RR. and the St. Louis Central Ry. On February 25, 1885, the
properties of the St. Louis Coal RR. were placed in the hands of a receiver on petition of a judgment creditor,
and subsequently a lease of the Wabash, Chester and Western RR. was declared forfeited for non-payment of
rental, and the road restored to its owners. In May, 1886, a final decree of foreclosure was granted, and on the
13th of July, 1886, the properties of the company, including its leasehold interest in the Carbondale and Shawnee-
town RR. were sold to a committee representing the bondholders, in whose interest the existing St. Louis South-
ern RR. Co. was organized in August, 1886, the latter corporation acquiring, at the same time, the properties of
the St. Louis Central Railway Co. In November following/ the railroad properties were transferred by this com-
mittee to the new corporation, and on December 1, 1886, they were leased to the St. Louis, Alton and Terre Haute
RR. Co. for 980 years, at an annual rental equal to 30 per cent, of the gross earnings of the leased properties, with
a minimum guarantee of $32,000, which is sufficient to pay the interest on the first mortgage bonds of the St. L.
S. RR. Co., and on the first mortgage bonds of the Carbondale and Shawneetown RR. Capital stock, $500,000 ;
funded debt, 1st mortgage bonds, due 1931, $550,000 ; 9d mortgage bonds, due 1931. $525.000. E. C. DAAVBS, Presi-
dent ; C. W. Fairbanks, Vice- President ; C. H. Bosworth, Secretary ; J. E. McGettigan, Treasurer. CORPORATE
OFFICE, Pinckneyville, 111.

CARBONDALE AND SHAWNEETOWN RAILROAD.— Marion, 111., to Carbondale, 17.5
miles : total track, 19.5 miles. Chartered as Murphysboro' and Shawneetown RR. Co.. March 7, 18<>7. Name
changed March 10, 1869. Road opened December 31, 1871. Leased for 980 years to the St. Louis Southern RR.
Co., from Dec. 1, 1886. Lessee pays taxes, maintains property, furnishes equipment, and pays the interest on the
first mortgage bonds, $10,000 per annum, as rental. Funded debt, $250,000 first mortgage gold bonds. 4 p. c., due
1932. Interest payable March and September. Capital stock, $356,200. JOHN E. MCGETTIGAN, President, In-
dianapolis, Ind.; C. H. Bosworth, Secretary, Springfield, 111.

CHICAO-O, ST. LOUIS AND PADUCAH RAILWAY. -Marion to Brooklyn, 111., 53.64 miles.
Gauge, 4 ft. 8£ in. Rail (steel). 60 Ibs. Chartered February 7, 1887, and road opened January 1. 1S89. Leased to
the St. Louis, Alton and Terre Haute RR. Co., which guarantees principal and interest of first mortgage bonds.
Locomotive engines, 5. Cars — passenger. 4 ; baggage, mail, and express, 1 ; caboose, 4 ; freight (box, 100 ; gon-
dola, 200'; flat, 100), 400— total cars, 409. Capital stock, $1,000,000 ; funded debt ($1,000,000 first mortgage 5 per
cent. 30-year $1,000 gold coupon bonds, due September 1, 1917, interest payable March and September at the
company's New York office, bonds redeemable at the option of the company after five years at 105 and accrued
interest ; $1,000.000 second mortgage income 30-year $1.000 bonds, due September 1, 1917, interest payable March
and September, if earned), $2.000.000— total stock and bonds, $3.000,000. Provision is made for registry of the
first mortgage bonds in New York. Trustee of bonds, Franklin Trust Co., New York, N. Y. WIIXIAM K.
MURPHY, President; Henry T. Nash Secretary and Treasurer, Du Quoin, 111.

Board of Directors,, St. L., A. and T. H. RR. Co.
GEO. FOSTER PEABODY, Chairman of Board of Directors. .New York, N. Y.

Till June, 1892.

Levi Davis Alton, 111.

James A. Eads Paris, 111.

Edward Abend Belleville, 111 .

Henry W. Beach Litchfield, 111.

Till Jane. 1893.

W. Bayard Cut ting. New York, N. Y.
R. Fulton Cutting. . . •'

Geo. F. Peabody "

Wm. A. Read...

Till June, 1894.

George W. Parker St. Louis, Mo.

Eli Wiley Charleston, 111.

Wm. K. Murphy. .Pinckneyville, 111.
F. M. Youngblood. . Carbondale, 111.

Spencer Trask ...

GEORGE W. PARKER, President, Treas., and Gen'l Manager. .St. Louis, Mo.
Secretary— Edward F. Leonard St. Louis, Mo. | Assistant Secretary- -H. A. Crosby. . . .New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS St. Louis, Mo.

New York Office. . . 10 Wall St.

ST. LOUIS AND HANNIBAL RAILWAY COMPANY.

Line of Road.— Oakwood Junction, Mo., to Gilmore (on the W., St. L. & P.) .81.75 miles.
Sidings, 5 miles. Gauge, 4 ft. 8* in. Rail (steel, 38.75 miles), 50, 56, and 60 Ibs.

History.— Chartered June 3, 1872. Opened to Gilmore early in 1882. Trains began run-

POOR'S MANUAL OF RAILROADS. 937

niug through to St. Louis June 7, 1882. On February 7, 1884, this road was placed in the
hauds of a receiver pending the result of a suit for foreclosure begun by the trustee of the
first mortgage. Subsequently the receiver was empowered to issue $300.000 7 per cent,
receiver's certificates to pay off taxes, etc. The track of the Missouri, Kansas and Texas
Ry. is used between Oakwood Junction and Hannibal, 2.5 miles, making the total length of
road operated, 84.25 miles.

Rolling Stock, December 31, 1890.— Locomotive engines, 6. Cars— passenger, 4 ; bag-
gage, etc., 2 ; freight (box, 120 ; stock, 18 ; platform, 30), 168 ; caboose, 2 ; other, 2— total, 178.

Operations for year ending December 31, 1891. — Train mileage not reported. Passengers
carried, 71,424 ; carried one mile, 1.612,039 ; average mile rate, 3.46 cents. Tons freight
moved, 90,368 ; moved one mile, 4,349,227 ; average ton-mile rate, 2.15 cents. Earnings —
passenger, $55.827.88 ; freight, $93,573.26 -total, $149,401.14. Operating expenses— trans-
portation, $49,625.33 ; maintenance of equipment, $36,286.02 ; maintenance of way, etc.,
$54,475.51 ; general, $24,898.53— total. $165,285.39. Deficit, $15,884.25 ; add sundry
charges, $33/794.71 ; and deficit from last year, $76,506.40— total, $126,235.36.

Financial Statement, December 31, 1891.— Capital stock, $462,000 : funded debt, 1st
mortgage 7 per cent. 50-year bonds, due 1936, interest January and July, $380,000; current
accounts, $41,955.97 ; unpaid coupons, $74,200 — total, $958,155.97. Contra : Cost of road,
$304,371.88 ; materials and supplies, $11,014.72 ; cash and current assets, $16,534.01 ; profit
and loss, $126,235.36— total, $958,155.97.

Directors.— John I. Blair, Blairstown, N. J.; D. C. Blair, Belvidere, N. J.; J. P. Wood,
New London, Mo. ; J. H. Orr, J. C. Thurman, Hannibal, Mo. ; S. S. Palmer, Mart Cox,
New York, N. Y.

JOHN I. BLAIR, President Blairstown, X. J.

James H. Orr, Vice -President Hannibal, Mo.

Ste. and Treat.— S. S. Palmer New York, N. Y. I Auditor— J. C. Thnrman Hannibal, Mo.

PRINCIPAL OFFICE AND ADDRESS Hannibal, Mo.

ST. LOUIS, CAPE GIRARDEAU AND FORT SMITH RAILWAY CO.

Line of Road. — Cape Girardeau, Mo., to Hunter, Mo 94 miles.

Leased : Brownwood and Northwestern, By.: Brownwood to Zalma, Mo 9 miles.

Total length of all lines operated December 31, 1891 103 miles.

Sidings, etc., 5 miles. Gauge, 4 ft. 8^ in. Rail (steel, 66 miles), 35 to 72 Ibs.

History. — The Cape Girardeau Ry. Co. was chartered August 10, 1880, and name
changed under statute to the Cape Girardeau Southwestern RR. Co. November 12, 1882. (For
his-tory of these companies and dates of opening of the several divisions of this line, see MAN-
UAL for 1891, page 618.) Name changed to the above title June 3, 1891. On August 1, 1887,
the Brownwood and Northwestern Ry. was leased for a period of 25 years, at an annual rental
of 25 per cent, of gross earnings. This company also owns one-half interest in the lease of
the Grand Tower and Cape Girardeau RR. (opened December 16, 1889), extending from Cape
Girardeau to Grand Tower, there connecting with the line of Grand Tower and Carbondale
RR. Co , which latter company owns the other half interest in the lease and operates the
line for lessees.

Rolling1 Stock, December 31, 1891. — Locomotive engines, 9. Cars — passenger, 3 ; bag-
gage, mail, and express, 2 ; freight (box, 21 ; platform, 95 ; caboose, 1), 117 — total cars, 122.
Of this equipment, obtained through car trust, the lease on 1 passenger and 1 baggage, mail
and express car terminates September 10, 1892 ; 20 box and 40 flat cars, October 20, 1892 ;
2 locomotives, October 1, 1892 ; and 1 locomotive March 1, 1893 ; the remainder of the roll-
ing stock is the property of this company.

Operations for year ending December 31, 1891. — For train mileage and traffic statistics
see tabulated statement below. Earnings— passenger, $40,792.32 ; freight, $133,821.97—

938 POOR'S MANUAL — ST. LOUIS, CAPE GIRARDEAU AND FORT SMITH BY. co.

total, $174,614.29. Operating expenses — transportation, $56,385.32 ; maintenance of way
and structures, $19,611.71 ; maintenance of equipment, $13,950.97 — total, $89,948. Net
earnings, $84,666.29. Payments not reported.

Trial Balance Sheet, December 31, 1891.— Capital stock, $1,150,000 ; funded debt,
$1,150,000 ; car trusts, $7,310.98; bills payable, $255,386.39 ; individual accounts, $118,717.'
57 ; profit and loss, $298,478.60— total, $2,979,893.54. Contra : Construction, $2,269,085.85 ;
equipment, $102,779.60 ; real estate, $177,220,; fuel supplies, $14,536.90 ; individual accounts,
$32,271.19 ; treasury bonds, $384,000— total, $2,979,893.54.

Funded debt consisted, December 31, 1891, of the following :

Istmtg. (C. G. I)iv. 15 m.) 6 p. c. 20-y. coup. &reg. $1,000 bds., due 1900, int. Mar. & Sept. (auth.. $100,000). $57,000
1st mt.(Lakev.Div.llm.)6p.c.20-y. coup. & Reg. $100 & $1,000 bds., due 1901. int. Mar. &Sept.(auth., $80,000) 50,800
let mtg. (St. F. Eiv. Div. 26 m.) 6 p. c. 20-y. c. & r. $1,000 bds rdue 1902, int. Mar. & Sept. (auth., $200,000; 1,000
2dmtg.(whole line, 52m.) 6 p.c.20-y. coup.&reg. $1,000 & $100 bds., due 1905,int.Jan. & July (auth., $250,000) 2,200
Cons.mtg.(whole line, 94) 6 p. c. 20-y. coup. & reg. $1,000 bonds, due 1908, int. Mar. & Sept. (auth., $1,000,000) 889,000

The authorized issue of consols is $1,000,000, and they were issued in March, 1888, for
the retirement of all outstanding issues, and to provide means for completing the extension
to Hunter. For the unredeemed bonds, consolidated bonds are on deposit with the Mercan-
tile Trust Co., New York, N. Y.

Statement of operations, capital account, etc., for eight years :

1884

1885

1886

1887

1888

1889

1890?

1891

Miles Road Owned
Miles Road Operated

52
52

52
52

52
52

52

61

52

61

94
103

94
103

94
103

Miles Steel Rail (Owned). .
Locomotives
Passenger and BaggageCars
Box and Flat Cars
Passenger Train Miles

2
3

1
43
37,101

2
4
2
42
37,186

2
6
2
61
37,186

18
6
4
113
36,672

18
6
4
114
41,426

63
6
6
116
70.747

63

8
6
117

66
9
6
117
90440

Freight Train Miles

16,484

32,968

55 125

45,461

63,577

72 460

Passengers Carried

1H,485

16,697

21,579

21,001

22,594

27,962

36 150

Passengers Carried One M . .

293,920
24 489

264,288
51 652

339,494

106 802

330,570
138 443

433,810

84 276

639,663
77 100

673,840

Tons Freight Moved One M.

203,740

1,439,332

3,832,177

4,784.571

2,665,078

'

Passenger, etc., Earnings. . .
Freight Earnings

$

17,679
24,324

$
15,976
48,028

19,857
78,646

S

21,443

102229

23,618
103 289

30,397
116.109

29,255
136 551

40,792
133 822

Gross Earnings

41,703

64,005

95,504

123,672

126,907

146,507

165,807

174 614

Operating Expenses

32,136

48,489

62,510

69,692

64,189

70,075

80,130

89,948

Net Earnings
Av. Rate p. Pass. p. Mile...

9,566
3.9 c.

15,515
3.8 c.

35,993
3.7 c.

53,980
3.8 c.

62,718
3.3 c.

76,431
3.5 c.

85,677

84,666
3.7 c.

AT Rate p Ton p. Mile..

12.0 c.

3.6 c.

2.0 c.

3.3 c.

2.14 c.

Gross Earnings per Mile. . .
Operating Expenses per M.
Net Earnings per Mile
Expenses to Earnings

Construction Cost
Equipment Cost

801
616
183
77.06 p. c.

$ •
960,219
42,723

1,230
932
298
75. 75 p. c.

S
1,127,948
44,403

1,894
1,202
692
63. 46 p. c.

1,184,645
57,706

2,055
1,158
897
56. 35 p. c.

1,275,336

83,703

2,109
1,066
1,042
50.58 p. c.

1,572,741
84,176

1,434
685
748
47.85 p. c.

1,913,078
84,757

1,609
778
831
48. 48 p. c.

2,213,078

84,098

1,695 28
873 28
82200
51. 51 p. c.

2,269,086
102,780

414,000

384 000

384000

Real Estate Owned

1,500

5,500

6,000

172,000

177,220

Mach'y, Fuel, Supplies, etc.
Accounts Collectible

8,623
9,647

8,925
6,022

9,666

17,925

14,500
31,827

14,900
79,839

15.350
682,500

15,350
57,502

14,537
32,271

Total Assets

1,021 213

1,187,229

1 269 277

2 979 893

Capital Stock Authorized . .
Bonds Authorized

Capital Stock Outstanding.
Bonds . . ....

650,000
380,000

532,000
373,800

650,000
6.50,000

650,000
425,500

650,000
650,000

650,000
465,900

650,000
650,000

650.000
514,700

1,150,000
1,150,000

650,000
593,200

1,150,000
1,150,000

959,000
586,000

1,150,000
1,150,000

1,150,000
1,150,000

2,000,000
2,000,000

1,150,000
1,150,000

Car Trust Obligations
Bills Payable*
Accounts Payable*
Profit and Losst

9,153
53,642
34,676
27,941

7,119
42,387
19,748
42,544

10,852
40,954
24,721
76,949

29,575
48,214
37,173
133,204

10,321
205,630
100,289
197,715

13.907
344,458
116,092
32,230

13.248
243,377
114,068
198,230

7,311
255,386
118,717
298.479

Total Liabilities

1 021 213

1 187 299

1 269 277

2 979 893

* Collateral for bills and accounts payable. t Accrued, applied to construction.

% Owing to fire on December 28, 1890, the particular items of operating expenses are incomplete, all records
except main books having been burned.

In December, 1890, it was voted to increase the stock to $2,000,000, and to extend the
road from Hunter to the Arkansas State Line.

POOR'S MANUAL OF RAILROADS. 939

Trustee of bonds. Leo Doyle, Cape Girardeau, Mo., for divisional bonds, and Mercantile
Trust Co., of X. Y.. for consols. Annual meeting, held in August of each year. Capital
stock authorized, $2,000,000.

BROWN WOOD AND NORTHWESTERN RAIL WAY. -"Projected line of road, Brown-
wood. Mo., to west line of Bollinirer Co.. Mo.. 16 miles. Computed: Browmvood to Zalma, Mo., 9 miles. Gauge,
4 ft. 8i in. Rail (steel), 40 Ibs. Chartered August -2",'. 1886. Road completed and opened, 1887. Leased to Cape
Girardeau Southwestern Ry. Co., for a period of 25 years from August 1. 1887. Capital stock (par, glOO) author-
i/,ed. $160.000 ; paid in. §49.300. Cost of road to December 31, 1889, $50.500. Estimated cost of comoleted road,
$100.000. Annual meeting, fourth Monday in July. WM. C. BROWN, President, St. Louis, Mo.; Louis Houck,
Vi>-'- President. CORPORATE OFFICE, Cape Girardeau, Mo.

-Board of Directors, >?. Louis, Cape G-irardeau and Fort Smith Railway Company.

Louis Houck... Cape Girardeau, Mo. I Wm. E. Coffin New York, N. Y. I Dan. S. Brown St. Louis, Mo.

Leon J. Albert. " | C'has. F. Street

Louis HOUCK, President Cape Girardeau, Mo.

Vice '- President— D. S. Brown St. Louis. Mo. [ Secretary— Jno. R. Jeannin Cape Girardeau, Mo.

Treasurer— Leon J. Albert Cape Girardean. Mo.

PRINCIPAL OFFICE AND ADDRESS Cape Girardeau, Mo.

ST. LOTUS, KEOKTJK AND NORTHWESTERN RAILROAD COMPANY.

Line of Road.— Keokuk, "la., to St. Peters, Mo 128.36

Leased : K. d- ^. W. ER. : Keokuk to Mount Pleasant 48.09

Lines operated under trackage contracts (see below) 51.15 — 227.60 miles.

Sidings, 27.13 miles. Gauge, 4 ft. 8£ in. Rail (steel), 66 Ibs.

Lines operated under contract consists of the Wabash RR. from St. Peters to St. Louis,
Mo., 42.81 miles ; the Hannibal and St. Joseph RR. from Quincy to Moody, 6.28 miles ; the
C., B. & Q. RR. from Mt. Pleasant to Mt. Pleasant Junction, 0.96 mile; the Hannibal Bridge
Co. in Hannibal, 0.42 mile ; the M. K. & T. Ry. in Hannibal, 0.32 mile ; and the Chicago and
Alton RR. at Louisiana, Mo., 0.36 — total, 51.15 miles.

History. — Reorganization under the title of St. Louis, Keokuk and Northwestern Ry.
Co., July 1, 1875, of Mississippi Valley and Western RR., which was sold April 14, 1875.
Road opened through, September 11, 1879. Reorganized under present title December 3,
1887. The Keokuk and Northwestern RR, is nominally leased but practically owned by this
company, which is itself controlled by the Chicago, Burlington and Quincy RR. Co.

Rolling Stock, December 31, 1891. — Locomotive engines, 22. Cars — passenger, 11 ; bag-
gage, etc., 6 ; freight (box, 277 ; stock, 101 ; platform, 38 ; coal, 49), 465 ; caboose. 14 ; other
2— total cars, 498.

Operations for year ending December 31, 1891. — Train mileage, passenger, and freight
statistics not reported. Earnings— passenger, $368,794.70 ; freight, $1,200,313.91 ; mail,
$34,304.67 ; express, $21,000 ; other, $41,635.93— total, $1,666,049.21. Operating expenses
—transportation, $530,498.41 ; motive power, $22,961.64 ; maintenance of cars. $117,924.95 ;
way and buildings, $193,356.23 ; general, $96,280.51— total, $961,021.74. Net earnings,
$705,027.47 ; add profit and loss item, $3,970.85— total, $708,998.32. Payments : Interest on
funded debt, $294,750; on other debt, $721.14; rentals, $161,595.48; dividends on stock,
$208,404.60 ; taxes, $39,556.25-total, $705,027.4;. Balance, surplus, $3,970.85. Surplus
forward, $184,531.89— total, $188,502.74.

General Balance Sheet, December 31, 1891.

Cost of Road $10,975,174 10 ' Capital Stock $5,443,800 00

Rolling Stock 473,529 53 \ Funded Debt Outstanding 5,650,000 00

Stocks of Other Companies 7,800 00 I Current Accounts 646,733 31

Current Accounts 207,14388 Profit and Loss .,.. 188,50274

Cash on Hand 265,388 54

Total Assets $11,929,036 05

Total Liabilities §11,929,036 05

The funded debt consists of 1st mortgage 6 per cent. 40-year $1,000 coupon bonds, due
February 1, 1930, interest February and August, Boston, Mass. Annual meeting in April at
Keokuk, la.

940 POOR'S MANUAL OF RAILROADS.

KEOKtJK AND NORTHWESTERN.— Capital *tock, $720,000 ; funded debt, first mortgage 6 per
cent. $1,000 coupon bond:', dated July 1, 1880. due July 1, 1910, interest January and July. $tSi >.<)(»<• ; unpaid cou-
pons, $183,330 ; income, $18,370— total, $1,401,600. Contra : Cost of road, $1,200,000; mortgage coupons, $201,600.

Directors, St. Louis, K. & Northwestern RR. Co., elected April 29, 1891.

J. C. Peasley Chicago. 111. j W. W. Baldwin Burlington, la, ] H. B. Scott Burlington, la.

J. T. Remey Burlington, la. | J. W. Blythe "

\V. W. BALDWIN, President Burlington, la.

J. C. Peasley, 1st Vice- President and Treasurer Chicago, 111.

Geo. B. Harris, 2d Vice-President Chicago, 111.

Secretary— G. M. Levey Keokuk, la. | Auditor— C. M. Carter St. Joseph, Mo.

PRINCIPAL OFFICE AND ADDRESS Keokuk, la.

ST. LOUIS, KENNETT AND SOUTHERN RAILROAD COMPANY.

Line of Road. — Campbell, Mo., to Kennett, Mo 20 miles.

Sidings, 1 mile. Gauge, 4 ft. 8i in. Rail (steel), 40 Ibs.

History.— Chartered March 7, 1890. Road opened January 1, 1891.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; combination, 1 ; freight,
(box, 4 ; flat 4), 8— total , 10.

Operations for year ending December 31, 1891. — Earnings — passenger, $6,234.66 ;
freight, $19,144.67 ; mail and express, $629.40— total, $26,071.73. Operating expenses,
$11,130.57. Net earnings, $14,941.16. Paid interest on debt, $6,656. Balance, surplus,
$8,285.16.

Financial Statement.— Capital stock, $180,000 ; authorized and unsold bonds, $180,000 ;
bills payable, $83,200— total, $443,200.

Directors.— Louis Houck, E. S. McCarty, Louis B. Houck, Cape Girardeau, Mo. ; D. S.
Brown, William Brown, St. Louis, Mo.

Louis HOUCK, President Cape Girardeau, Mo.

Secretary— Jno. R. Jeanntn Cape Girardeau, Mo. | Auditor— Louis B. Houck Cape Girardeau, Mo.

PRINCIPAL OFFICE AND ADDRESS Cape Girardeau, Mo.

SAN ANTONIO AND ARANSAS PASS RAILWAY COMPANY.

Main Line of Road.— Kerrville, Tex., to Houston, Tex., : 308.4 miles.

fKenedy to Corpus Christ!, Tex 90.0 miles.

| Gregory to Rockport, Tex. 21.2 miles.

Branches : -{ Yoakum to Waco, Tex 172.1 miles.

Austin Junction to Lockhart, Tex 53.8 miles.

Skidmore to Alice, Tex 43.0 miles.

Total length of road completed, December 31, 1891 688.5 miles.

Average mileage operated during the year 647.4 miles.

Sidings, 66.8 miles. Gauge, 4 ft. 8£ in. Rail (steel), 50 Ibs.

History.— Chartered August 28, 1884, with a capital of $1,000,000, to build a railroad
from San Antonio, Tex., to Aransas Bay, 150 miles. Tracklaying commenced August 20,
1885. Charter amended March 29, 1886, increasing the capital to $5,000,000 and authorizing
an extension of the road from San Antonio northwesterly, and also an extension from Kenedy
to a connection with the G., C. & S. Fe at Wallis, with branches to Waco, to a connection
with the Texas-Mexican road, and to Corpus Christi, Tex. On May 24, 1888, the charter was
further amended, authorizing the extension of the line from a connection with the G., C.
and S. Fe at Wallis, through Houston northeast in the direction .of Shreveport, La., with
further extension from Kenedy station to Laredo, Tex., with a branch from some point in
Laraca County to Austin, Tex. During the past year the company built from Lexington to
Lott, 57.7 miles. The total mileage proposed to be built is about 1,100 miles. Company
defaulted on payment .of interest due July, 1890, and on July 14, B. F. Yoakum and J. S.

POOR'S MANUAL — SAN ANTONIO AND ARANSAS PASS RY.. CO. 941

McNainara were appointed receivers. The company is being reorganized under the terms of
a plan which provides that " its railroad property and franchises are to be acquired by fore-
closure or otherwise," and provides for the issue of the following new securities: (1) 1st
mortgage 5 per cent. 50-year gold bonds of $1,000 each, bearing interest from July 1, 1891 ;
issue limited to $16,800,000, of which $2,100,000 are reserved for extensions to Llano and
Austin, and for additional rolling stock as required, leaving amount for purposes of reorgan-
ization, $14,700,000 ; (2) 5 per cent, non-cumulative preferred stock (par, $100), $5,250,000 ;
and (3) common stock (par, $100), $5,250,000. The following is the distribution of the new
securities : (1) New 1st 5s— To holders of old 1st 6s, $6,223,000; to holders of old 1st 5s,
$1,466,250 ; to holders of old 2s, $900,000 ; liquidation of floating debt, $1,570,000 ; reserved
for liquidation of equipment debt, $600,000 ; for cash requirements, $3,940,750 — total, $14,-
700,000. (2) Preferred stock— To holders of old 1st 6s, $933,450 ; to holders of old 1st 5s,
$207,000 ; to holders of old 2ds. $1,000,000 ; to be issued in lieu of $3,400,000 common stock
now controlled by M. Kenedy, $1,600,000 ; cash requirements, $1,509,550— total, $5,-
250,000. (3) Common stock— To holders of 1st 6s, $933,450 ; of old 1st os, $207,000 ; of
old 2de, $1,000,000 ; of present stock, $1,600,000 ; cash requirements, $1,509,550 — total,
$5,250,000. On May 14, 1889, the final decree of foreclosure was issued, ordering the sale
of the road on the first Tuesday in November, 1892.

Rolling* Stock, December 31, 1891. — Locomotive engines, 60. Cars — passenger, 31 ; bag-
gage, mail, and express, 12 ; freight (box, 620 ; platform, 670 ; stock, 75 ; coal, 100; caboose,
35), 1,500 ; other cars, 2— total cars, 1,545.

Operations for year ending December 31, 1891. — Train mileage — passenger, 401,923 ;
freight, 578,957 ; mixed, 82,971— total, 1,063,851 miles. Passengers carried, 225,282 ; carried
one mile, 11,112,245; average mile rate, 2.88 cents. Tons freight moved, 498,511; moved one
mile, 64,326,227 ; average ton-mile rate, 2.26 cents.

Earnings.— Passenger $319,952 45 Expenses.— Conducting Transportation $737,083 90

Freight 1,311,77103 Maintenance of Equipment 169,69992

Mail 42,065 60 ! Maintenance Way & Structures 333.D73 12

Express 30,773 84 j General Expense* 210,49221

Miscellaneous... 7.196 07 I

Total ($0,489.59 per mile) $1,711,758 99 Total ($2,087.19 per mile) • $1,451.249 15

Net earnings (15.22 per cent,), $260,509.84. Paid taxes, $22,684.68 ; court costs, $41,-
627.69— total, $64,312. 37. ^'Surplus, $196,197.47. Surplus forward, $275,195.89— total,
$471,393.36.

Financial Statement, July 15, 1890.— Capital stock (par, $100 per share), $5,000,000 ;
funded debt, $11,948,000 ; other liabilities, $3,500,000— total stock, bonds, and debt repre-
senting cost, etc., $20,448,000.

Receiver's General Balance Sheet, December 31, 1891.— Bills payable, $393,931.85 ; due
on audited accounts, $313,894.26 ; receiver's certificates issued on account of construction,
$59,013; profit and loss, $471,393.36— total, $1,605,232.47. Contra: New construction,.
$372,143.95; cash on hand, $58,908.79 ; current accounts, $174,066.65; material on hand,
$117,902.95 ; improvements, $200,583.70 ; new equipment, $344,589.07 ; net amount paid on
liabilities prior to receivership, $337,037.36— total, $1,605,232.47.

Funded debt consisted July 15, 1890, of $1,750,000 first mortgage 6 per cent. 30-year gold
$1,000 bonds, due January 2, 1916, interest payable January and July; $4,473,000 first mort-
gage 6 per cent. 40-year $1,000 bonds, due July 1, 1926, interest payable January and July ;
$1,725,000 first mortgage 5 per cent. 40-year gold $1,000 bonds, due October 1, 1928, interest
payable April and October, and $4,000,000 second mortgage 5 per cent. 25-year gold $1,000
bonds, income for five years,*due October 1, 1913, interest payable April and October, issued
at rate of $8,000 per mile of road in liquidation of the company's floating debt.

The bonds of 1916 are secured on the main line from San Antonio to Aransas Bav, 150
miles. The bonds of 1926 are part of an issue of $10.000.000, authorized to be issued on the
Mjo miles of new extensions andjbranche?, and are only issued for new road at the rate of
$12,000 per mile of main track. Of these|865 miles authorized, the building of 385 miles has

942 POOR'S MANUAL OF RAILROADS.

been abandoned, making the total amount of bonds to be issued under the 1926 mortgage,
$5,760,000. The bonds of 1928 are part of an issue of $9,000,000, authorized to be issued on
600 miles of new extensions and branches, and are only issued for new road at the rate of
$15,000 per mile of main track. The bonds are listed on the New York Stock Exchange.
Trustees, Farmers' Loan and Trust Co., Union Trust Co., and Central Trust Co., New York.
Interest on bonds payable at office of S. M. Swenson & Son, 216 Broadway, New York City.
Directors. — U. Lott, William Henermann, Sam. Maverick, Reagan Houston, A. C.
Schruner, H. D. Kampmann, Henry Elmendorf, Sau Antonio, Texas ; E. P. Swenson, New
York, N. Y.

B. F. YOAKUM, i ,

J. S. MCNAMARA ,\ Remmrs Ban Antonio, Tex.

U. LOTT, President San Antonio, Tex.

Vice-President—^. P. Swenson New York, N. Y. I Secretary— R. Houston San Antonio, Tei.

Cashier— 0. S. Wheeling San Antonio, Tex. | Auditor-— A. G. Cooper San Antonio, Tex.

PRINCIPAL OFFICE AND ADDRESS San Antonio, Tex.

Financial Agents. .S. M. Swenson & Son, Cor. Broad and Wall Sts., New York, N. Y.

SAN DIEGO, CTJYAMACA AND EASTERN RAILWAY COMPANY.

Line of Road.— San Diego, Gal., to Foster, Cal 25.37 miles.

Sidings, etc., 0 63 mile. Gauge, 4 ft. 8| in.

History. — Chartered March 6. 1888 ; road opened from Sau Diego to Lakeside, April 1,
1889, and to Foster, February 13, 1890. Extension projected from Lakeside to Sulton, a dis-
tance of 95 miles.

Boiling; Stock. — Locomotive engine, 1. Cars — passenger, 4 ; combination, 1 ; freight
(box, 6 ; flat, 8), 14— total cars, 19.

Operations for year ending December 31, 1890. — Train mileage (mixed), 43,757 miles.
Passengers carried, 37,171 ; carried one mile, 619,514 ; average mile rate, 3 cents. Tons
freight moved, 27,295 ; moved one mile, 327,540; average ton-mile rate, 10 cents. Earnings
—passenger, $18,585.42 : freight, $26,979.83 ; other, $648.07— total, $46,213.32. Operating
expenses, $38,383.56. Net earnings, $7,829.76.

Financial Statement, December 31, 1890.— Capital stock (par, $100) authorized, $7,000,-
000 ; issued and outstanding, $769,000 ; funded debt (1st mortgage 6 per cent. 30-year bonds,
due July 1, 1918, interest semi-annually) issued and outstanding, $550,000 ; profit and loss,
$7,829.76— total, $1,326,829.76. Contra: Cost of road, $567,435.

Directors.— R. W. Waterman, W. S. Waterman, G. J. Leavy, S. M. Marshall, Robert
Allison, Jos. Allison, I. M. Merrill, San Diego, Cal.

J. W. WATERMAN, President San Diego, Cal.

Gen. Man. cfe Treax.—W. S. Waterman San Diego, Gal. | Supt. and Purch. Agt.—K. E. Kinney.San Diego, Cal.

PRINCIPAL OFFICE AND ADDRESS San Diego, Cal.

SAN PETE VALLEY RAILROAD COMPANY.

Main Line of Road.— Nephi, U. T., to Wales, U. T 30

Big Gallon Extension : Wales, U. T., to Big Canon, U. T 3—33 miles.

Gauge, 3 ft. Rail, 40 Ibs.

History.— Road opened April 1, 1882. At Wales are situated 10,000 acres of coal lands,
the property of the Central Pacific Coal and Coke Co., Limited, an English corporation.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; baggage, etc., 2 ; freight
(platform, 10 ; coal, 33), 43— total cars, 47.

Operations, etc. — All information refused.

Financial Statement, December 31, 1883 (latest furnished).— Capital stock, £290,000;
1st mortgage 8 per cent, debenture bonds, dated December 31, 1879, £150,000. These bonds
are redeemable by annual drawings, commencing in 1882. Interest payable January and July,
at Moorgate Street Chambers, Moorgate Street, London, E. C. Further information refused.

POOR'S MANUAL OF RAILROADS. 943

Directors (elected June 22, 1891).— A. G. J. Ponsonby, Theo. Biirback, J. D. Clinton,
George Cudens, H. S. Kerr, C. F. Annett, R. L. Scannell.

THEO. BURBACK, President and General Manager Salt Lake City, TJ. T.

Vice-President— 3 . D. Clinton I Sec. and Treas.—R. S. Kerr Wales, U. T.

PRINCIPAL OFFICE AND ADDRESS Wales, IT. T.

SEABOARD RAILWAY COMPANY OF ALABAMA.

Line of Road. — Xaunahubba, Ala., to Tuscarora, Ala 26 miles.

Gauge, 3 ft. 6 in.

History. — Chartejed in 1890, and road completed and opened as above in 1891.
Rolling Stock, Operations, etc.— All information refused.

H. D. HAVEN, President New York, X. Y.

Thomas Miller, Vice- President Xew York, N. Y.

Sec. fui'l Treat.— Robert Middleton Mobile, Ala. , Gen. Manager— Willis J. Be.-t New York. X. Y.

PRINCIPAL OFFICE AND ADDRESS Mobile, Ala.

New York Office 12 Broadway.

SHORT ROUTE RAILWAY TRANSFER COMPANY.

Line of Road. — In Louisville. Ky 1.60 miles.

2d track, 1.60 miles. Gauge, 4 ft. 9 in. Rail (steel), 62 Ibs.

History. — Chartered March 7, 1873. This rail way extends along the Ohio River front of
the city of Louisville, from Preston Street to 14th Street (the approach of the Louisville
Bridge) a distance of 1.60 miles, all of which is a double track, iron viaducts crossing all the
streets in the business portion of the city, overhead. It supplies the shortest connection
between the depots of the railroads located at the eastern end of Louisville and those enter-
ing by the two Louisville bridges in the western part of the city. The structure is of the
most substantial character, and the rails are 62 Ibs. steel. "Work was commenced in the
spring of 1883, and the line opened for business on May 14, 1884. At 14th Street it connects
directly with the Louisville and Nashville, the Chesapeake, Ohio and Southwestern, the
Pennsylvania, the Ohio and Mississippi, the Louisville, New Albany and Chicago, and the
Louisville, Evansville and St. Louis Railroads. The Kentucky and Ohio Bridge Co. operates
a number of trains over it, in connection with its bridge franchise, to and from New Albany.

Earnings, Expenses, etc., for year ending June 30, 1891. — Gross earnings ($22,850 per
mile), $34,751. Operating expenses, $25,773. Net earnings, $8,978.

Financial Statement, December 31, 1888 (latest furnished).— Capital stock. $500,000 ;
funded debt, 1st mortgage 6 per cent. 30-year bonds, due August 1, 1912, interest February
and August, $500,000; current accounts, $3,576.25; interest accrued, but not due, $12,250 ;
unpaid coupons, $1,980; unpaid interest, $594.09— total, $1,018,300.34. Contra: Cost of
road, $1,000,107.14 ; current accounts, $16,124.87 ; cash on hand, $3 61 ; profit and los*.
$2,064,72.

Directors (elected February 2, 1889).— C. P. Huntington, I, E. Gates, New York, N. Y.;
Henry D. McHenry, Hartford, Ky. ; John Echols, Wm. R. Ray, Charles R. Long, Jamea
Gilbert, W. W. Smith, Thomas W. Bullitt, Louisville, Ky.

C. P. HUNTINGTON, President 23 Broad St., New York, N. Y.

Vice-President— Charles R. Long Louisville, Ky. ; Secretary— C. F. Krebs Louisville, Ky.

PRINCIPAL OFFICE AND ADDRESS Louisville, Ky.

SILVER CITY AND NORTHERN RAILROAD COMPANY.

Linejof Road.— Whitewater, N. M., to Hanover, N. M 18.3 miles.

Sidings, 0.8 mile. Gauge, 4 ft. 8} in. Rail (steel), 40 Ibs.

History,— Chartered February 18, 1891 ; road/>pened October 1, 1891. Owned by the
Southwestern C. & I. Co.

944 POOR'S MANUAL OF RAILROADS.

Rolling Stockj May 30, 1892. — Locomotive engines, 2. Cars — passenger, 1 ; baggage,
etc., 1 ; freight (box, 3 ; platform, 4), 7 ; caboose, 1 ; other, 2 — total cars, 12.

Financial Statement, April 1, 1892. — Capital stock (par, $100) authorized and paid in,
$100,000; funded debt (1st mortgage 6 per cent. 20-year $1,000 coupon bonds, due August
1, 1911, interest February and August, $100,000 ; 2d mortgage 6 per cent. 20-year $1,000
coupon bonds, due February 1, 1912, interest February and August, $100,000), $200.000 —
total stocks and bonds, $300,000. The entire authorized amount of bonds of both issues is
outstanding. The mortgages were executed by the Southwestern Coal and Iron Co., but
they also cover the railroad.

Annual meeting, third Wednesday in January, at 33 Wall Street, New York, N. Y.
Books close ten days before annual meeting, and same period before dividend payments.
Interest on bonds payable at the office of the trustee, Manhattan Trust Co., New York, N. Y.
Registrar of stock, Manhattan Trust Co., New York City.

Directors (elected January 11, 1892). — C. Lawrence Perkins, R. P. Perkins, New York,
N. Y.; T. G. Condon, W. R. Varker, Colorado Springs, Col.; J. B. Gilchrist, Whitewater, N. M.

C. LAWRENCE PERKINS, President 32 Wall Street, New York, N. Y.

T. G. Condon, Vice-Pres. & Gen. Manager Colorado Springs, Col.

See. <fe Treas.—R. P. Perkins New York, N. Y. | Superintendent— J. B. Gilchrist Hanover, N. Mex.

PRINCIPAL OFFICE AND ADDRESS Hanover, N. Mex.

New York Office. . . .33 Wall Street.

SIOUX FALLS, YANKTON AND SOUTHWESTERN RAILWAY COMPANY.

Line of Road. — Yankton, S. Dak., to Cement 4.5 miles.

Gauge, 4 ft. 8J- in. Rail (steel), Ibs.

History.— Chartered July 25, 1889 ; road opened in 1890.

Rolling Stock. — Locomotive engine, 1. Cars — passenger, 1 ; baggage, etc., 1 ; freight,
10 — total cars, 12.

Operations, etc. — All information refused.

Financial Statement, April 1, 1891.— Capital stock (par, $100) authorized, $3,000,000 ;
paid in, $50,000, representing cost of road and equipment.

Annual meeting, second Wednesday in June.

Directors.— Newton Edmunds, Robert J. Gamble, James C. McVay, E. P. Wilcox, M.
P. Oblman, Fred. Schwander, Geo. R. Scougal, Wm. M. Powers, Robert Yates, L. M. Purdy,
H. B. Wynn, F. M. Zieback, Yankton, So. Dak. ; F. J. Kahn, Sioux City, la.

NEWTOX EDMUNDS, President Yankton, So. Dak.

Tre(t*vrer—J. C. McVay Yankton, So. Dak. | Secretary— F. J. Kahn Yanktou, So. Dak.

PRINCIPAL OFFICE AND ADDRESS Yankton, So. Dak.

SIOUX CITY, O'NEILL AND WESTERN RAILROAD COMPANY,

Line of Road.— Coviugton, Neb., to O'Neill, Neb 129.16 miles.

Sidings, 8.38 miles. Gauge, 4 ft. 8£ in. Rail (steel), 60 Ibs.

History. — The property of the Pacific Short Line (see MANUAL for 1891, page 883) was
sold under foreclosure on October 23, 1891, and purchased for $2,000,000 by A. S. Garretson
and Geo. W. Wickersham as trustees, who, on December 1 following, transferred the prop-
erty to the Sioux City, O'Neill and Western RR. Co., chartered October 27, 1891. From
November 1 to December 31, 1891, the road was operated by the Sioux City and ^ortUern
RR. Co. under a temporary lease with the trustees. Operated since January 1, 1892, by the
new company.

Rolling Stock, December 31, 1891. — Locomotive engines, 6. Cars — passenger, 4; com-
bination, 2 ; freight (box, 250 ; platform, 100), 350 ; caboose, 2— total cars, 858.

Operations for two months ending December 31, 1891. — Train mileage and traffic statis-
tics not reported. Earnings— passenger, $5,464.59 ; freight, $33,452.92 ; mail, $1,402.80 ;
express, $229.76; other, $1,291.36— total, $41,841.43. Operating expenses— transportation,

American Bank ^ ote (Company,

78 TO 86 TRINITY PLACE, NEW YORK.

BUSINESS FOUNDED, 1795.— INCORPORATED UNDER LAWS OF STATE OF NEW YORK, 1858.— REORGANIZED,

ENGRAVERS E PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange, Letter Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IN THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES,

WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING

Special papers manufactured exclusively for use

of the Company.

SAFETY COLORS. - - SAFETY PAPERS-

WORK EXECUTED IN FIRE-PROOF BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,

AND

ILLUMINATED SHOW CARDS

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Poor's Directory of Railway Officials

Contains list of Officers of all Steam Railroad Companies in the United
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Poor's Handbook of Investment Securities.

For the use of Bankers, Investors, Trust Institutions and Railway Officials,
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In one volume. 700 pages, cloth, royal octavo. Price $4.00 per copy.
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POORS MANUAL OF RAILROADS. 945

19,618.64 ; maintenance of equipment, $3,887.28 ; of way, etc., $4,268.77 ; general, $1,702.73
—total, $19,477.42. Net earnings. $22,364.01.

Financial Statement, December 31, 1891.— Capital stock authorized (par, $100), $3,600,-
000 ; outstanding, not reported; funded debt (1st mortgage 5 percent. $1,000 gold bonds, dated
•December 7, 1891, due October 1, 1921, interest payable April and October, in New York
City) authorized and outstanding, $2,340,000. The bonds are secured by mortgage of the
entire road, its equipment and terminals, and $2,000,000 stock of the Pacific Short Line
Bridge Co., organized to construct a bridge at Sioux City. Trustee, Manhattan Trust Co.,
New York, N. Y.

Annual meeting, second Wednesday in May, at South Sioux City, Neb.

Directors (elected May 13, 1892).— A. S. Garretson, F. C. Hills, F. A. Seaman, (.'. L.
Wright, Sioux City, la. ; E. L. Bierbower, Omaha, Neb. ; Geo. W. Seevers, Oscaloosa, la.

A. S GARRETSON. President Sioux City. la.

.—E. L. Bierbower Omaha, Neb. j Sec. &.Treas.—D. S. Elliott Sioux City, la..

PRINCIPAL OFFICE AND ADDRESS South Sioux City, Neb.

General Office Sioux City, la.

SOUTH ATLANTIC AND OHIO RAILROAD COMPANY.

Main Line of Road.— Bristol, Tenn., to Big Stone Gap, Va. 70 miles.

Sidings, 8.06 miles. Gauge, 4 ft. 9 in. Rail (steel), 60 Ibs.

History. — February 18, 1888. Completed from Bristol to Speer's Ferry, Va., October 1,
1888. Extended from Speer's Ferry to Natural Tunnel, 5 miles, in 1889, and to Big Stone
Gap, Va., May 1, 1890.

Rolling Stock, June 30, 1891.— Locomotive engines, 9. Cars — passenger, 6; combination,
2 ; mail and express, 1 ; freight (box, 170 ; platform, 110 ; stock, 25), 305 ; other, 5— total, 319.
Ope rations for year ending June 30, 1891. — Train mileage, passenger, and freight statis-
tics not reported.

Earninsrs.— Passenger .. «44,S95 00 I Expenses.— Transportation > ;•

Freight . . .. ;4 10 \ Motive Power and Cars 22,679 93

Mail and Express. . . 5,52099 Maintenance Way and Buildings. 27,86197

Miscellaneous 10,825 75

Total (82,062.51 per mile) ... $144,375 84

General 26.644 85

Total ($1,763.92 pet mile) .$123.475' 09-

Net earnings (14.48 per cent.), $20,900.75. Payments : Interest on bonds, $107,681.37;
taxes, $8,254.55 ; permanent improvements, $10,718.96— total, $126,654.88. Deficit for year,
$105,754.13.

General Balance Sheet, June 30, 1891.

Cost of Road . . $3.007,396 98 Capital Stock (par, $100) SU 10,000 00

Cost of Rolling Stock . . 145.5:14 74 Funded Debt Outstanding 1,968,959 12

Cash on Hand 25,375 28 Other Liabilities 33,466 8S

Profit and Loss 65,881 05

Total Assets ^ .$$178,307 00 Total Liabilities '. ...$3,178,307 00

Funded debt consists of $1,850,000 1st mortgage 6 per cent. $1,000 bonds, issued January
1, 1887, December 1, 1888, and January 1, 1889, due July 1, 1917, and $118,959.12 equipment
10-year bonds, issued as follows: August 30, 1889, $48,180; January 1, 1890, $26,600 ; June
1, 1890, $30,800 ; and December, 1890, $23,000. Annual meeting, in September, at Bristol, Va.

Directors (elected September, 1890).— Nathan Tbayer, Boston, Mass. ; H. C. Wood,
Yates City, Va. ; W. G. Oakman, B. C. Clark, New York,*N. Y.

JOHN C. HASKELL, President Bristol. Tenn.

Sec. tfc Ti •>:<!.••••. — Geo. A. Blackmore Bristol, Tenn. | General Manager — D. H. Conklin Bristol, Tenn.

PRINCIPAL OFFICE AND ADDRESS Bristol, Tenn.

SOUTH BOUND RAILROAD COMPANY.

Line of Road.— Savannah, Ga., to Columbia, S. C 142 miles.

Gauge, 4 ft. 9 in. Rail (steel), 60 Ibs.

History. — Chartered in South Carolina, December 27, 1887, and in Georgia, October 27.
1888. Road completed as above in September, 1891.
60

94:6 POOR'S MANUAL OF RAILROADS.

Rolling Stock. — Locomotive engines, 4. Cars (freight), 60.

Operations. — Not reported ; road but recently opened.

Financial Statement.— Capital stock authorized, $2,100,000 ; outstanding, $1,000,000.
Funded debt consists of 1st mortgage 6 per cent. 50-year $1,000 bonds, due April 1, 1941,
interest payable April and October; authorized, $2,250,000, of which $96,000 were reported
outstanding in March, 1892. Bonds are coupon, with privilege for registration of principal.
Interest payable at Baltimore, Md., and Savannah, Ga. Trustee, Mercantile Trust and
Deposit Co. of Baltimore, Md.

Directors (elected June 23, 1891).— A. C. Haskell, Columbia, S. C. ; John Gill, Bal-
timore, Md. ; H. M. Comer, John Flannery, Herman Myers, B. A. Denmark, S. Gucken-
heimer, Savannah, Ga.

H. M. COMER. President Savannah, Ga.

B. A. Denmark, Vice-President Savannah, Ga.

Treas. & Auditor— Wm. Ellis Savannah, Ga. | Secretary— M. Hamilton Savannah, Ga.

PRINCIPAL OFFICE AND ADDRESS Savannah, Ga.

SOUTHERN PACIFIC COMPANY.

(For maps of this company systems, see pp. 948 and 949.)

History. — Chartered under the laws of the State of Kentucky. Company organized
August 14, 1884. Authorized capital, $150,000,000.

" ORGANIZATION. — The Southern Pacific Company is a corporation created by special charter from the State
of Kentucky, authorizing it, among other things, to contract for and acquire, by purchase or otherwise, stocks,
bonds, or securities of any company, corporation, or association ; to enter into contracts in respect to the con-
struction, establishment, acquisition, owning, equipment, leasing, maintenance, or operation of any railroads,
telegraphs, or steamship lines, or any public or private improvements ; and to buy, hold, sell, and deal in all
kinds of private and public stocks, bonds, and securities.

" The capital fixed by the charter was $1,000,000, with power to increase the amount from time to time, aa
might be determined by the board of directors, with the approval of at least two-thirds in interest of the stock-
holders. In 1884 the original amount of $1,000,000 was paid in cash, and the authorized capital was increased to
$100,000,000. With the issue of $87,076.200 of this new stock, the greater part of the capital stock was acquired
in the proprietary lines included in the Omnibus lease. For the purpose of acquiring the proprietorship of addi-
tional lines, the authorized capital was fixed in 1888 at $150,000,000.

" The practical operations of the company commenced March 1, 1885, on which date the Omnibus lease, went
into effect. On April 1 following, the lease of the Central Pacific lines went into operation. The leasehold terms
are hereinafter stated.11

The Southern Pacific dompany acquired control of the Central Pacific and associated
lines, 1,649.86 miles, April 1, 1885 ; of the Southern Pacific and leased properties, 1,354.80
miles, March 1, 1885: of the Atlantic System (excepting the New York, Texas, and Mexican),
1,600.87 miles, March 31, 1885 ; of the New York, Texas, and Mexican, 91 miles, September
1, 1885 ; of the South Pacific Coast Ry., 104 miles, July 1, 1887; of the Oregon and Cali-
fornia RR., 474.80 miles, July 1, 1887; and of the Northern California Ry., 25.90 miles,
June 1, 1889. The steamers of the company were acquired through Morgan's Louisiana and
Texas Company. The following statement shows the mileage of all linens operated Decem-
ber 31, 1891:

PACIFIC SYSTKM.

Proprietary Lines :

Southern Pacific RR. of California*!, 474. 54

Southern Pacific RR. of Arizona ... 388 . 10

Southern Pacific RR. of NewMex. 171.06

South Pacific Coast Ry 104.00

Northern Ry 390.38

Northern California Ry 53.60—2,581.68 m.

Leased Lines :

Central Pacific RR 1,360.28

Oregon and California RR 567 . 50

Oregonian RR 57.50

Portland and Willamette Valley Ry 28.50

California Pacific RR 115.44—2,129.22 m.

Total Pacific System 4,710.90 m.

ATLANTIC SYSTEM.

Proprietary Lines :

Morgan's Louisiana and Texas RR. . . 283.50

Louisiana Western RR 112.03

Texas and New Orleans RR 207 . 73

Galveston, Harrisburg and San An-
tonio Ry 936.90

Gulf, Western Texas & Pacific Ry... 111.20

New York, Texas & Mexican Ry 91 . 00

Texas Transportation Co 8.00

Total Atlantic System 1,750.36

Total Proprietary Lines 4,332.04 m.

Total Leased Lines 2,129.22 m.

Total all Lines Railroad 6,461 .26 m.

* Does not include 242.51 miles between Mojave, Cal., and The Needles, as this line is perpetually leased,
and contract delivered for its sale to the Atlantic & Pacific RR. Co., that company paying, as rental, an amount
equal to the interest on the bonds which were issued on said line. This rental amounts to the annual sum of
$436,266, and is* treated as rental received for account of the Southern Pacific RR. of California in the accounting
between it and the Southern Pacific Co., as the interest paid by the latter, as lessee, includes interest on all the
outstanding bonds. In the report of the Southern Pacific RR. Co. of California this mileage is included, as it is
covered by its 30-year 6 per cent, bonds.

POOR'S MANUAL — SOUTHERN PACIFIC COMPANY.

947

"The increase of 227.33 miles in operated mileage consists in the following extensions and acquisitions :

- t THERN PACIFIC RR. OF CALIFORNIA.— Southern Division Extension : February 2. Oakdale to Merced,
40.60 miles ; February 17, Ontario to Chino, 5.70 miles : June 7, Avon to San Ramon; 19.70 miles ; August 28, Los
Bufio- to Armona. 8&S7 miles— total, 154.87 miles.

••SOCTHKRN PACIFIC RR. OF ARIZONA. — December 14, reconstruction of Hue between Yuma and Gila City,
3.36 miles.

•• NORTHERN- CALIFORNIA Rr.— February 4, Knights Landing to Marysville, 27.70 miles.

•• OREGON AND CALIFORNIA RR.— September 2, Coburg to Springfield. 7.70 miles ; September 28, Springfield
to Natron. 5. '20 miles— total. 12.90 miles.

"PORTLAND AND WILLAMETTE VALLEY Ry.— An arrangement was made, commencing January 1, with the
owners of the Portland and Willamette Valley Ry., extending from Portland to Dundee Junction, for the opera-
tion of that property for their account. This road connects with the Oregonian RR., and both roads being narrow-
gauge lines, this arrangement secures to the public through service and additional facilities not otherwise
obtainable. For convenience in accounting, this line is treated in statements of operations in same manner as a
leased line.

" There was omitted in the annual report for 1890 the mileage of the Texas Transportation Company, extend-
ing from Houston to Clinton. 8.00 miles. This mileage has been added to that reported for 1890, to state correctly,
as between the two years, the increase in operated mileage.

"The average number of miles operated for the year were 6,375.53 miles, an increase of 322.07 miles over the
average number operated in 1890.

•• In addition to the afore-meutioned lines of railroad, the company operates also a line of ocean steamships
between New Orleans and New York, New York to Galvestou. New Orleans to Havana, via Tampa and Key
"West. Fla. : New Orleans to Bluefields,. Nicaragua and Bocas del Toro. and Morgan City to Vera Cruz, Galveston
and Brazos Santiago, aggregating 8,796 miles : also several lines of inland river steamers, ferries, and transfers in
Louisiana and Texas, aggregating 179 miles, and in the state of California, aggregating 348 miles, making a total
of 9.323 miles of water lines."

Statement of trackage and steel rails of both systems. December 31, 1891 :

FIRST

FRACK. SK< OND

TRACK.

Yard.
Tracks,

Total

Iron.

Steel. Iron.

Steel.

sidings,
etc.

Tracks.

PACIFIC SVSTBM.
Proprietary Lines :
Southern Pacific RR. of Cal

70.42

1.404 12

•XK 4°

1 O Of!

Southern Pacific RR of \rizona

388 10

... .

30 75

Southern Pacific RR of New Mexico

171 06

17 39

100 1-

Southern Pacific Coast Ry

45.08

55.92 0.87

8.09

34 93

144 ^9

Northern Ry

90 90

298 48

o< Os

89 96

Northern California Ky . .

21.14

32.46

6 34

S.Q (14

Total

227 54

2 350 14 0 87

36 37

477 79

Lotted Lin*. •*: »
Central Pacific RR

2 66

1 3>3 ^3

*8 97

314 5^

Oregon and California RR.

90 75

476 75

61 88

Oregon ian RR

33 17

•24 33

5 08

Portland and Willamette Valley Ry. . .

28.50

3 89

•x> on

California Pacific RR

4 7-2

108 72

28 00

Total . ...

131.30

1.992 23

8 97

413 43

Total Pacific System

358 84

4,342 3r 0 87

45 34

891 22

ATLANTIC SYSTEM.
Proprietary Line*;
Morgan's Louisiana and Texas RR i

27 87

231 03

87 63

Trackage over T. & P. Rv »"

23.60 ....

Louisiana Western RR

112 03

18 65

Texas and New Orleans RR

58 38

149 35

44 44

Galveston, Harrisburg and San Antonio Ry

23 20

913 70

126 32

Gulf, Western Texas and Pacific Ry

44 31

66 89

14 18

New York. Texas and Mexican Rv "

91 OO!

6 19

Texas Transportation Co.

8.00

1.40

9 40

Total Atlantic System

153 76

1 595 60

298 81

Total Proprietary Lines

381 30

3 945 74 0 87

36 37

77fi fift

~

Total Leased Lines

131 30

1 992 23

8 97

410 A9

5,140.88

2.545.93

Total All Lines

512 60

5 937 97 0 87

45 34

'

«,686.81

Includes 1.25 miles of second track added to Alameda local line in 1891.
In addition to above miles of track, the following ferry lines should be added to balance
the operated mileage as stated elsewhere :

South Pacific Coast Ry 3 miles

Northern Ry ! miie

Morgan's Louisiana and Texas RR 1 mile.

Floating Equipment, December 31, 1891.

PACIFIC SYSTEM (Proprietary Lines). —South Pa-iti,.' rna*f tfy.-San Francisco Bay : Ferry and transfer
steamers Bay City, 933 tons : Encinal. 1.634 tons ; Garden City. 730 tons : Newark. 1.345 tons, \orthen #? -
Benicia and Port Costa : Ferry and transfer steamer Solano, 3~,549 tons. Southern Pacific Co.— Marysville line

Central Pacific RR
California Pacific. RR

if * JT W O N

,.«•?'

TOS ' ,

J- 1-

l^iCNix*1^JL3» ^

:E x^t^^^r^S

,x^T c<.*«,^ }&% I\^K r *;%

X •HR^frs

« ^He^ron

• Lake T&JZ- SALT LAKE. CITY r

\lS*S&2$Pl*5j\

j;""7rf

^li V\Vhite Plains I j Tintio/v'y 4-.-w

i xSrCKo.

H JL i ^ ^<r j i o°""^"

> jap ^awb-^

Ti.^r^:f -« V03 Olivo3 JI°:a^lvc^ ** ^^°

° n^ O-^

SOUTHERN PACIFIC V
COMPANY

PACIFIC SYSTEM.

950

POOR'S MANUAL — SOUTHERN PACIFIC COMPANY.

Sacramento River : River steamers Herald, 267 tons ; D. E. Knight, 199 tons ; Knight No. 2, 147 tons ; barges
Nicolaus, 600 tons ; Yuba City, 600 tons ; Acme, 276 tons ; Oroville, 600 tons. (Leased lines) : Central Pacific
RR.—Ssm Francisco Bay : Ferry and transfer steamers Alameda, 813 tons ; Amador, 985 tons ; El Capitan, 982
tons ; Oakland, 1,672 tons ; Piedmont, 1,854 tons ; Thoroughfare, 1,012 tons ; Transit, 1,566 tons; river steamevsr
Sacramento river line : Modoc, 779 tons : Apache, 620 tons ; barge Yolo, 800 tons ; tug Rival ; steam dredges,.
2. Oregon a/id California A' H.— Portland Ferry : Ferry steamer, No. 2, 414 tons. Portland Willamette Vy. Ry.—
Steamer City of Salem, 457 tons.

ATLANTIC SYSTEM (Proprietary lines).— Morgan's L<>"'i*ian« and Te.r.a* UTl. <(- .S'S'. Co. — Ferry and transfer
steamers. New Orleans : Enterprise (wood). 1,041 tons ; Endeavor (iron), 457 tone ; river steamers Saccharine
(iron). 218 tons; Brazos (wood), 150 tons ; Octavia (wood), 95.23 tons ; barges Lucretia, Sarah, E. L. Shinkle,
Rebecca, Minna, and St. Mary ; tugs El Chico (wood), 53 tons ; Restless (iron). 53 tons : El Mozo (wood), 100.90
tons. Ocean steamships owned : Algiers, 2,287 tons ; Aransas, 1.157 tons ; Chalmette. 2.983 tons ; Clinton, 1,187
tons ; Excelsior. 3,264 tons ; Gussie, 998 tons ; Harlan, 1.163 tons : Hutchinson, 1.4.35 tons ; Morgan, 994 tons ;
Morgan City. 2,271 tons ; New York, 2.285 tons : Whitney. 1.338 tons ; William G." Hewes. 1.118 tons. (All iron.)
Ocean fsteamships leased : El Sol, 4,522 tons ; El Dorado. 3,264 tons ; El Mar. 3,531 ions ; El Monte. 3,264 tons ;
El Paso. 3,264 tons. (All iron.) Houston T)'n-<-<'1 Xav'tgafion Co. — Iron tug Louise. 105 ions ; wooden tugs Sterett,
•20 tons ; barges, 22. Buffalo Bayou S/rip Channel Co.— Wooden tugs Cricket, Picayune, and Coates, 20 tons
each : steam dredges, 2 ; steam derricks. 2 ; derrick boat. 1 ; wood barge, 1.

SUMMARY. — Pacific System: Ferry and transfer steamers (S. P. C. Ry., 4; N. Ry., 1 ;
C. P. RR., 7 ; O. & C. RR., 1 ; P. & W. Vy. Ry., 1), 14 ; river steamers (S. P. Co., 3 ; C. P.
RR., 2), 5 ; tugs, barges, dredges, etc., (S. P. Co., 4 ; C. P. RR., 4), 8— total, 27. Atlantic
System: Ocean steamships (M. L. & T. RR.), 18; ferry and transfer steamers (M. L. & T.
RR.), 2 ; river steamers (M. L. & T. RR.), 3 ; tugs, barges, dredges, etc. (M. L. & T. RR.y
9 ; H. D. Nav. Co., 24 ; B. B. S. C. Co., 9), 42— total, 65. Grand total, both systems— Ocean
steamships, 18 ; ferry and transfer steamers, 16; river steamers, 8 ; tugs, barges, etc., 50.

Rolling1 Stot'k. — Statement of locomotive and car equipment, December 31, 1891 :

CLASSIFICATION.

Pacific System.

Atlantic System.

ALL LINES.

CLASSIFICATION.

Pacific System.

I

Atlantic System.

ALL LINES.

Proprietary
Lines.

Leased

Lines.

— V
« C

£5

<

Proprietary
Lines.

!«'

™ c

S'2

i

11

<

Locomotives

CARS.

_ Passenger Cars :
Dining

699

233

641

291

3
24
243

20
43
89

1

932

Caboose ....

244

8,810
4,638

Ill
3,385
3,330

235
9,109
5,725

120
3,086
2,243

355
12,195-

7,968

Box

4
80
526
43
74
182
3
8
2

"22

97

'"ia

47

"*6

1

1

78
380
23
44
140
3
7
2

4
102
628

43

87,
229|
3
14

a

Fiat

Total Freight Cars..

Miscellaneous Cart :
Derrick & D. Tender. .
Dump

14,957

42
107

7,983

32

17,197
45

5,743

29
107
8
28
14
4
1
18

'"14
1

22,940

74
107
18
94
14
4
1
154
2
14
1

Pullman Sleepers
Coaches

Combin. Pass. & Bag.
Tourist
Bag., Mail, & Expr. ..
Parlor

Pile-driver & Tender..
Station
Snow-Plow
Snow-Plow Tender . . .
Tie Machine .

18
64

14
4

1

87

'"30

Id
66

Officers1
Pay

"1

'"i36

2

Total Pass. Cars....

Freight Cars:
Fruit
Furniture

Water

922

570
100
572
23

186

50
100
552
455

678

446
192
1,035
455

. 430

174
8
89
23

1,108

620
200
1,124

4781

Wood

Ice-flangers .

14

1

Scale Test Cars
Total Mis. Cars
Total Car Equip

352

16,231

181

8,300

259

224

483

Gondola
Stock

18,134 6,397

24,531

TERMS OP LEASES.

Omnibus Lease. — The lease which has received this name includes (with exception of the
lines in the State of Texas, which are operated, under statutory requirements of said State,
independently and by their own officers) the lines forming nearly all of the Southern or
" Sunset" route from San Francisco to New Orleans by rail, and thence to New York by
steamer, together with their lateral lines and branches. The Southern Pacific Company
agrees to maintain said roads, to pay all fixed and other charges, including interest on bonds
and floating debt, and to divide the surplus net profit between the parties to the agreement,
in the following proportions :

Southern Pacific Railroad Co. of California 44 per cent.

Southern Pacific Railroad Co. of Arizona 10

Southern Pacific Railroad Co. of New Mexico 6

Louisiana Western Railroad Compnny 7

Morgan's Louisiana and Texas RR. & SS. Co 2>

Southern Pacific Company 10

POOR'S MANUAL — SOUTHERN PACIFIC COMPANY. 951

•

Betterments and additions to leased lines and equipment are currently made by the
lessee, and the payments therefor become annually a charge to the lessor companies, each
being charged with the cost of the additions to its separate property. The lease is for 99
years.

Under date of July 1, 1889, in conformity with a statute of the State of Texas, all leases
of railroads in that State were cancelled, and the properties have since been operated by
their own officers. The roads! controlled by the Southern Pacific Company through owner-
ship of capital stock are generally included, as formerly, in the Atlantic system of the com-
pany, in all reports of operations and statistical exhibits. The following comprise the lines
controlled by the Southern Pacific Company in Texas : Texas and New Orleans RR.; Gal-
veston, Harrisburg and San Antonio Ry. ; Gulf, Western Texas and Pacific Ry.; and New
York, Texas and Mexican Ry.

California Pacific Railroad. — Leased for 50 years from November 1, 1886, at a rental of
$600.000 per annum. Betterments and additions are made by lessee, and will be charged
to lessor at the termination of the lease, at their then cost value. The terms of the agree-
ment, including the amount of rental, are subject to change every five years, if wished for,
and any revision proposed is to be determined by arbitration.

Central Pacific Railroad Company. — Leased February 17, 1885, and lease modified Jan-
uary 1, 1888. Lessee pays from net earnings all interest on bonded and floating debt, ex-
cepting debt to the United States, and all sinking fund requirements, and from the balance
pays a minimum annual rental of $1,360,000. which may be increased according to the net
profits from the leased property to a maximum of $4,080,000, and any surplus over the
latter sum is retained by the lessee.

Northern Railway Company. — A new lease was made with this company July 1, 1888,
to run for 99 years from that date, covering all of the company's lines as consolidated, and
which now are or hereafter may be constructed. The lessee pays from net earnings of the
property interest on bonded and floating debt, the surplus up to 6 per cent, on its capital
stock going to lessor, the lessee retaining all over that amount. Betterments are made by
lessee, and charged annually against lessor. Lessee guarantees principal and interest of
bonds.

Oregon and California Railroad Company. — Lease is for 40 years, from July 1, 1887, at
a rental equal TO interest on bonds and all current fixed charges, and dividends up to 6 per
cent, on common and 7 per cent, on preferred stock, any surplus over dividends being retained
by lessee. Betterments and additions are made by the lessee for account of lessor.

South Pacific Coast Railway Company. — Lease is for 55 years, from July 1, 1887. Lessee
pays from net earnings all fixed and other charges, including interest on bonded and floating
debt, and charges for betterments and additions, and any balance is retained by or charged
to the lessee.

Northern California Ry. Co. — Leased for 40 years from June 1, 1889. Lessee pays from
net earnings all fixed and other charges, including interest on bonded and floating debt, and
charges for betterments and additions. Any balance is retained by or charged to the lessee.

PROPRIETARY LINES.

Of the total capital stock of proprietary lines named below, amounting at par to the sum
of $164,717.227, the amount of $163,802,550 is owned by the Southern Pacific Company, as
shown elsewhere. This stock has been acquired by issuing stock of the Southern Pacific
Company at par and receiving in payment therefor stock of the several railroad companies
named at the rate set opposite each, namely :

Southern Pacific Railroad Co. of California at 60 per cent.

Southern Pacific Railroad Co. of Arizona at . . 60

Southern Pacific Railroad Co. of New Mexico at 60

Morgan's Louisiana and Texas RR. and Steamship Co. at 450

Louisiana Western Railroad Co. at . . 100

Texas and New Orleans Railroad Co. of 1874 at 150

Galveston, Harrisburg and San Antonio Ry. Co. at 60

Northern Railway Co. at " 100

The acquisition of the capital stock of Morgan's Louisiana and Texas RR. and Steamship

952

POOR'S MANUAL — SOUTHERN PACIFIC COMPANY.

Co. carried with it the proprietorship of the Gulf, Western Texas and Pacific Ry. Co. and
several transportation lines in Texas and Louisiana.

The Morgan Company also owns, a majority interest in the capital stock of the Houston
and Texas Central Ry. Co.; and this last-named company owns a controlling interest in the
capital stock of the Texas Central Ry. Company. The Houston and Texas Central and the
Texas Central Ry. are at present operated by receivers. Their operations do not therefore
appear in this report. The terms for the reorganization of the affairs of the former company
have been agreed to, and are now being carried out.

For cash and for obligations assumed by the terms of leases, the stock has also been
acquired of the South Pacific Coast Ry. Co., the New York, Texas and Mexican Ry. Co., and
the Northern California Ry. Co.

Further exchanges are being made for additional stock of some of the above companies,
so that the Southern Pacific Company has practically the ownership of them all. These
properties, therefore, though separate corporations, comprise in effect the Southern Pacific
Company. A full statement of the Southern Pacific Company's affairs thus requires a con-
solidation of the exhibits for both the proprietor company and its proprietary lines.

The company also owns 41,721 shares of stock in the Mexican International Railroad Co.,
of the par value of $4,172,100, out of the total capital outstanding, amounting to $11,835,500.
For these shares the Southern Pacific Company issued its stock to the amount of $834,420.
As the stock owned in this line is not a majority of the whole, and as it is not operated by
the Southern Pacific Company, its financial affairs do not appear in this report.

The greater amount of the capital stock of the Southern Pacific Company having been
issued to acquire the stocks of proprietary lines, the amount so issued stands practically in
lieu of that received ; and the stocks thus received covering practically all the capital stock
of the several companies, the stock issued therefor by the Southern Pacific Company repre-
sents the actual ownership of the proprietary lines. To guard against the circulation of this
double capital, the stock 'of the proprietary lines owned by the Southern Pacific Company
has been deposited in trust with the Union Trust Co., and stamped not negotiable till the
'Southern Pacific stock issued therefor has been cancelled.

Capital Stock of Proprietary Lines Owned.

;-<

Owned by

YKAU

ENDING DECE

MBEK 31,

891.

NAME OF COMPANY.

...!

~§

z*

So. Pacific
Co., Decem-
ber 31, 1890.

Total Stock
Issued
to Date.

Owned by
South. Pacific
Company.

Balance
Afloat
to Date.

Acquired
During
Year.

Southern Pacific RR. Co. of California
Southern Pacific RR. Co. of Arizona
Southern Pacific RR. Co. of New Mexico
South Pacific Coast Ry. Co . . .

100
100
100
100

9

(50,481,550 00
19,9J2,600 00
6,886,300 00
5,993^000 00

- S
65.135,300
19,995,000
6,888,800
6,000,000

$
65,114,950 00
19,992,600 00
6,886,300 00
5,993,000 00

20.350
* 2,400
2,500
7,000

$

4,633,400

Northern Ry. Co

100

13,696,700 00

12,896,000

12,696,700 00

199,300

Northern California Ry. Co

100

1,277,50000

1,280,000

1,277,50000

2,500

Morgan's Louisiana &Tex.RR. & SS. Co....
Louisiana Western RR. Co
Texas & New Orleans RR. Co. of 1874
Galveston, Harrisburg & San Antonio Ry. Co
New York Texas & Mexican Ry Co

100
100
100
100
100

4,994,000 00
3,310.000 00
4,997,500 00
26,506,'80000
608 00000

15,000.000
3,360,000
5,000,000
27,093,012
630 040

14,994,000 00
3,310,000 00
4,997.500 00
26,512,200 00
608 000 00

6,000

50,000
2,500
580,812
22,040

10,000,000
"5,466

Total par value of Stock

147,743.950 00

163,278,155

162,382,750 00

895,402

14,633,800

Cost to Southern Pacific Co

114,809,35733

11759263733

2 783,280

Owned by Morgan's Louisiana & Texas RR.
& Steamship Co. :
Gulf, Western Texas & Pacific Ry. Co

100

4!Mi,500 00

500,000

496,500 00

3.500

Transportation Lines in La and Texas . .

923,300 00

939,075

923 300 00

15.775

Total par value of Stock

149 103 75000

164 717 227

163 802 550 1)0

914,677

14,638,800

GENERAL OPERATIONS.— The transportation earnings, receipts from other sources, oper-
ating and other expenses of the above-named railroad and steamship lines, are, in the follow-

POOR'S MANUAL — SOUTHERN PACIFIC COMPANY.

953

iug statement, treated as a whole, irrespective of any division of profits or losses which may
inure to or become a charge against the Southern Pacific Companv :

RECEIPTS AND DISBURSEMENTS.

Pacific
System,

Atlantic
System.

Total, 1891.

Total, !>!«>.

Increase. Decrease.

Average Miles of Road Operated

Gross Earnings :
Railroads and Ferries

4,625.17

1,750.36

6,375.53

6,053.46

322.07

37,010,078 16

$

10,485,254 74
2.7(.'3,031 93
161,451 05

47,495,332 90,45,445,509 15
2,793,031 93 2,775.330 41
161,45105 131,66425

$ $

2,049,si3 IT,

17.701 52 ....

Steamship Lines

Transportation Lines in La. & Texas

Total Transportation Earnings. .
Operatinp Expenses

29,78680!

87.01 0,078 16
21,808,795 22

13,439,737 72

9,354,816 72

50,449,815 88!4R.352,503 81 1 2,097.31 :J 0?
81,168,611 94181,156,102 08 8,50932'

Earnings over Operating Expenses
Trackage and Other Rentals

Total

15,201.282 94 4,084,921 00
469.838 94' 94,354 59

19,286,203 94
564,193 53

17,197.401 19
509,606 53

2,088.802 75
54.587 00

15,671,121 88

4,179.375 59

19,850,397 47

17,707,007 72! 2,143,389 75

Other Payments Chargeable to Income
from Operations :
Taxes

1,036.480 87
25»,569 91

225,503 38

1,261,98425
259.569 91

1,2*4,298 43
•2H5.625 63
10,259,819 79
315,021 89
2.259,701 29
606,00000
388,827 31

27.r,s.-, 82
6.055 72
370 080 44

Betterments and Additions

Interest on Bonded Debt
Interest on Floatin°r Debt

8,675.587 42
*72,175 56
3,219,539 96
612,021 00
116,196 62

1,954,312 81

88,893 20

"370,507' 98

10,629,900 23
16,717 64
3.219,539 96
612,021 00
486,704 60

;04 25

C. P. RR. Rentals and Sink'g Funds
Rental California Pacific RR . . .

- 959.838 67

6.021 00

Trackage and Other Rentals

97,877 29

Total

13,847,220 22

2,639,217 37

16,486,437 59

15,329,294 34

1 157 143 25

Balance

j

1,823,901 66

1,540,05822

3,363,959 88

2,377,713 38

986 246 50

* Credit.

In addition to the above expenditure, there was advanced for betterments and additions
for the benefit and account of the proprietary lines the sum of $1,868,263.67, and $147,194. 91
for the benefit and account of the leased lines, a total of $2,015,458.58, against a total of
$1,666,771.32 advanced in 1890 for similar account. Including these advances for the pur-
pose of ascertaining the total outlay for the year, the gross receipts exceeded the disburse-
ments of every character by $1,348,501.30, against $710,942.06 in 1890, an increase of $637,-
559.24, exclusive of $180,290.09 net income of the Southern Pacific Co. from other sources.

Distribution of earnings : The earnings which remain after the payment of all charges
under the several leases or otherwise from the general operations as given above are distribu-
table as follows :

Net profits remaining after the payment of operating expenses, taxes, fixed, and all other charges
under lease of the following proprietary companies embraced in Omnibus lease : S. P. RR. of Cali-
fornia, S. P. RR. of Arizona. S. P. RR. of New Mexico. Morgan's La. & Texas RR. & SS. Co.,

Louisiana Western RR. Co., and transportation lines in Louisiana and Texas $2,177.378 28

Net profits remaining after payment of operating expenses, taxes, fixed, and all other charges under
lease of the following proprietary companies, viz. :

Northern Railway «773.760 00

Roads in Texas, viz.: T. & N. O. RR. Co., G., H. & S. A. Ry. Co., G., W. T. & P.
Ry. Co.. and N. Y., T. & M. Ry. Co 445.02107

Net profits remaining after payment of operating expenses, taxes, fixed, and all other
charges under lease of the following leased lines, viz.:

South Pacific Coast Ry

California Pacific RR '.".'.'.'.'.'.'. .'.'.'.'.'.'.'.'.'.'.'.".'".".".'.'.' .".'.'.'.'.'.'.".'.'.'.'.".'.'.'.'.'.'.'.'

Due Southern Pacific Co., viz.:

For 10 per cent, of net profits under Omnibus lease $241,930 93

For profit from operation of Northern Railway 63.505 76

1,218,781 07

124.816 72
113,069 95

305,436 69

Making a total distribution between the various interests of . . .

Balance from Statement of General O

rations on page 957 g3.363.959 88

489.147 35

•om statement ot general Operations on page 957

Due from Oregon and California RR. Co. for account of operations in 1891

Balance

Profits accruing to Southern Pacific Co., included in the above distribution, viz. :

Profits under Omnibus lease «241 930 93

Northern Ry . Co. , profits from operation v 68,506 76

South Pacific Coast Ry., profits from operation 124^816 72

California Pacific RR., profits from operation 113^069 95

Leaves a Surplus of.

$3,989,482 71

3,853,107 23
86,375 48

543.323 36
$456,947 88

954

POOR'S MANUAL — SOUTHERN PACIFIC COMPANY.

The actual results of the year's operations, as shown above, has been to practically in-
crease the assets of the proprietary companies in the sum of $3,396,159.35, which sum inures
almost entirely to the Southern Pacific Co., as the principal owner of the stock of said pro-
prietary companies. This is exclusive of $456,947.88 accruing to the Southern Pacific
Co. from the operation of leased properties, and( $180, 290.09 income of Southern Pacific Co.
from other investments, which, if added to the $3,396,159.35, will make a total of $4,033,-
397.32 against $2,641,303.09 in 1890, an increase of $1,392,094.23. The profits of $456,947.88,
which inure to the Southern Pacific Co. in the above distribution, are shown in the income
account of said company on page 959, but the $3,396,159.35 accruing to the proprietary
lines are included in the assets of the respective companies.

PROPRIETARY LINES.

The preceding statements include the earnings and expenses, and show the distribution
of the net results remaining from the operation of all the properties in which the Southern
Pacific Company is interested, either by lease or the principal ownership of the stock of such
companies. To show, in the aggregate, the earnings and financial condition of the proprietary
lines, for which the stock of this company is outstanding, the following statements are sub-
mitted in respect to such earnings, and, as relevent thereto, the assets and liabilities of the
Southern Pacific Company.

The surplus, which remains from the operations of these lines, has been as follows :

1891

1890

Increase.

Decrease.

Transportalion Earnings and Other Receipts

I

30,648,537 45
19,270,11241

$
29,617,784 07
19,022,835 95

1,030,753 38
247,276 46

$

Operating Expenses.

Balance . .

11,378,425 04

10,594,948 12

783,476 92

Taxes Interest and all Other Charges to Income

7,620.956 60
3,757,468 44

7,492,576 86
3,102,371 26

128,379 74
655,097 18

Surplus . . .... . .

Betterments and Additions Charged to Capital Account . .

1,868,263 67

1,354,864 06

513,399 61

A statement of the mileage, earnings, and expenses of said proprietary lines, since their
acquisition by this company, may be interesting, and is herewith submitted.

YEARS.

Average Miles
of Road.

Transportation,
Earnings, and
Other Expenses

Operating
Expenses.

Surplus over
Operating
Expenses.

1891 . .

4,255.31

$
30,648.537 45

19,270,112 41

11,378,425 04

1890

4,102.94

29,61?,784 07

19,022,835 95

10,594,948 12

1889

4.039.95

28,012,095 13

18,527,179 51

9,484,915 62

1888

3,807.59

28.574,449 10

19,356,294 61

9,218,154 49

1887

3,597.18

23,113,759 02

14,482,925 51

8,630,888 51

1886 . .

3,374.13

19,381,078 9G

12,108,313 62

7,272,765 34

1885

3,218.67

19,078,058 13

9,590.272 66

9,487,785 47

Per mile of road :
1891 •

7,202 42

4,528 48

2,673 94

1885

5,927 30

2,979 57

2,947 73

It will be observed that there has been a gratifying increase in the earnings; the surplus
per mile of road is not as great in 1891 as in 1885, but this is due in the main to the much
greater sums of money expended in the general improvement of these properties, which was
commenced towards the close of the year 1886, a policy which has been steadily adhered to
since that time.

POOR'S MANUAL — SOUTHERN PACIFIC COMPANY.

955

In addition to the improvements made through these channels, large sums of money have
been directly expended in change of line and other betterments and additions, and some
estimate can be formed of what has been done in this direction on these properties from the
undermentioned statement in respect of said expenditures.

ROAD.

Total.

Roadbed,
Track, and
Bridges.

Buildings.

Sidings.

Real Estate
and Right-
of-VVay.

Reconstruc-
tion of
Line.

Equipment.

C harfftd to Capital Ace"1 1

Xorthern Ry

S

717,06831

4, 71 6,302 25
689,440 03
166,097 83

44,237 04
366,118 39
28,467 22
3,181 45

5~! 721 54
714,549 47
81,53589

78.309 09

90,213 88
533,524 81
28.76428
7,037 67

4,515 67
125,707 07
6025

$

520,380 18
2,386,084 08
53,540 48
77,569 62

S. P. RR. of California.
S. P. RR. of Arizona. ..
S. P. RR. of N. Mexico.

Total Pacific System..

G. H. &S. A.Ry
N Y T. & M. Rv

590,318 43
497,072 41

6,288,908 42

442,004 10

932,115 49

659,540 64

130,28299

1,087,39084

3,037,574 36

1,642, 5! )« 32
886,888 17

99,838 56
1.062,958 91
761,463 63
1,151,148 12

38,927 97

452,245 37

98,221 46
7,276 97
316,170 W
152.415 13
292,759 68

4000

522,759 22
14.217 48
28,166 40
81,828 30
19.067 33
326,80K 64

455 15

206,331 41
6,531 10
21,12066
104,322 00
46.390 98
149,332 23

49865

45,581 62
1,178 00
3,277 86
10,618 15

Or. 2r>'>73

118,627 56
Cr. 600 00

"28,071 50

415,680 70
106,675 13
11,925 17
550,020 26
543,850 97
263,625 01

38,534 17

G. W. T. & P. Ry
Texas & N. O. RR.
La. Western RR
M.L. &T. RR. &SS...
Transportation lines in
La and Texas

Total Atlantic System
Total

4,983,758 68

1,319,12881

993,297 52

534,527 03

178,422 41

2S.071 50

1,930,311 41

11,272,667 10

1,761,13291

1,925,413 01

1,194,067 67

308,705 40

1,115,46234

4,967,885 77

Charged to Income Ac-
count of So. Pac. Co.
South Pac. Coast Ry. . .
Northern Cal. Rv
S. P. RR. of California.
Northern Rv

255,337 67

3,002 26
64,931 OT
11,760 10

16.206 03
12922
25.677 34
1,01674

11,581 25
Cr. 818 10
20,539 69
2,019 03

39,954 60
3.819 29
14^544 21
8,692 83

10875
4750
11 70

187,487 04
Cr. 17565
4,158 13
3150

Total

335,031 10

43,029 33

33,321 87 1 67,010 93

167 95

191,501 02

Grand Total

11,607,698 20

1,804,16224

1,958,734 88

1 261,078 60

308,873 35

1,115,462 34

5,159,386 79

SOUTHERN PACIFIC COMPANY
profit and loss, December 31, 1891.

PROPRIETARY LINES. — Consolidated statement of

COMPANIES.

INCOME.

EXPENDITURES.

BALANCE

SURPLUS.

Profit from
Leases and
Oper-
ations.

Income
from
Lands, In-
vestments,
etc.

Total
Income.

Deficit
from
Leases
and Oper-
ations.

Sinking
Fund
Pay-
ments.

Corpo-
ration
and
Other
Expenses.

Total!
Expendi-
tures.

December
31, 1891.

Southern Pacific Co.
So.P. RR. Co. of Cal.
So.P.RR.Co.ofAri.
So.P.RR.Co.ofN.M.
So. P. Coast Ry. Co. .
Northern Ry. Co
North. Cal. Ry. Co..
Morgan's L. & T.
RR. & SS. Co. and
lines owned
Louis. West. RR. Co.
T. & New O. RR.Co.
Galves., Harris &S:m
Antonio Ry. Co...
G.,W.T.&P.Ry.Co.
N.Y.,T. & M.Ry. Co.

Total 1891
Total 1890

543,323 36
1,064,49606
241,93093
145,158 54

' 773,760' 66

* 467,190 09
345,861 24

1,010,513 45
1l,410,a57 30 ;
241 030 93

$

86,375 48

ft
75,00000
445,721 24

211,90000 373.27548
48,201 62 493.922 86
19 50 19 50
15 00 59,690 00

; 2,974,16768
, 2,167.93903
988; 182 93
: 237,455 53

9,675 00

154,883 54

!

59,675 00

10,076 25

783,836 25

50,076 25

50,076 25

2.735,761 00

556,441 11
169.351 64
440.255 93

116,550 96

556.441 11
169,351 64
440.255 93

54757

54757

! 1,769,00098
676.577 96
2,756,81728

t 302.896 23
175.343 04
t 336,111 99

3,07927
21,86706

3,07929

21,867 06

SJ.688 47
25,09735

45,002' 30

116,55096
45,00230

" 86,688 47
25,097 35

4,051,268 53

877,804 88

4,929,073 41

198,161 30 630.472 49

285,630 02

1,114,26381

13,842,238 21

3,527,197 15

879.058 12

4,406,255 27 j

883,022 55

904,620 91

87,737 27

1,875,380 73

15,439,208 29

* Includes $12,721 dividends received.

t Deficit.

956

POOR S MANUAL — SOUTHERN PACIFIC COMPANY.

Statement showing earnings, expenses, etc., of the lines comprising the Atlantic System,
for the year ending December 31, 1891.

Morgan's
La. and
Texas
RR. and
Steam-
ships.

Louisiana

\VfskTn
RR.

Texas and
New Or-
leans RR.

Galves-
ton. Han.
& San
Antonio,

Gulf,
Western
Texas &
Pacific
RR.

N: Y.,

Texas &
Mex. RR.

Transpor-
tation
Lines. .

Total

Atlantic
System .

Average Miles Operated . . .

Earnings— Passenger Dept.
Freight Dept...
Miscellaneous . .
Steamship

283.50

660,178
2,193,242
36.980
2,793,032

112.03

247,894
805,747
8,034

207.73

281.729
1,367,864
24,916

936.90
$
831,041
3,646,625
39,923

111.20 '
S
42,093
50,434

6,K72

91.00

S

44,496
191,279

5.907

613
145,337
.15,501

1,750.36

2,108,044
8.400,529
13S,132
2,793,032

Total Earnings
Expenses — Maint. of Way.
Maint. of Equip
Transportation
General

5,683,432
509.813
205,737
1,139,446
162,647
2,052,462

1,061,676
178,921
10-S,328
254,891
61,719

1,674,509
206.341
160,541
463,674
108,881

4,517,589
833,720
503,867
1,677,963
254,671

99,399
'67,309
22,629

72,882
11,300

241JJS2
66,863
21,347
65,583
18,423

161.451
2,894
13,541
93.765
14,657

13,439,738

1,865,862
1,035.990-

3,768,205
632,298
2,052,462

Steamship

Total Expenses
Net Earnings

174,120
* 74,721

894
1,566
* (172
175.17 p.c.

4,070,106
1,613,326
10,195
7,117
3,078
69.81 p. c.

603,860
457,815
9,477
5,390
4,087
56. 88 p. c.

939,437

735,072
8,061
4,522
3.539
56. 10 p. c.

3,270,221
1.247.368
4,,S22
3,490
1.332
72. 39 p. c.

172,215

69,467
•2,656
1,892
764
71. 26 p. c.

124,857
=36,594

9,354,817
4,084,921
7,680
5,346
2.334
1)9.1)1 p. C.

Gross Earnings per Mile. .
Operating Expenses per M
Net Earnings per Mile
Expenses to Earnings

* Deficit.

Statement showing earnings, expenses, etc., of the proprietary and leased lines of the
Pacific System for the year ending December 31, 1891 :

So. Pacific
RR. of
Cal.

So. Pacific
RR. of

Arizona.

So. Pacific
RR. of
N. Mex.

So. Pacific
Coast Ry.

Northern
Ry.

Northern
Cal. Ry.

Marys'ille
Steamb't
Line.

Arerage Miles Operated

Earnings : Passenger Dept
Freight Dept

1,403.58

S

3,295,158
5.530,165
454,500

384.91
S
421,014
1,511,119
96,555

171.06
S
188,715
788,218
72,327

104.00

566,793
517,788
23,192

390.38

$
1,115,536
1,738,212
60,695

51.02
$
38,481
54,513

2,830

5.145
67.979
644

Miscellaneous

Total Earnings

9,279,823
1,279,429
766,138
2,942,012
440,696

2,028,688
436,402
248,690
669,188
103,995

1,049,260
139,964
104,992
300,006
51,389

1,107,773
123,749

64,289
447,164

78,763

2,914,444
305,505
207,483
900.783
125,543

95,824
39.271
10,226
32,634
5,359

73,768
90
13,506
75,642
2,390

Expenses : Maintenance of Way
Maintenance of Equipment
Transportation

General ....

Total Expenses

5,428,275
3,851,548
6,612
3,867
2,744
58. 50 p. c.

1,458,275
570,413
5,271
3,789
1,482
71. 88 p. c.

596,350
452,910
6,134
3,486
2,648
56. 83 p. c.

713,965
393,808
10,652
6,865
3,787
64. 45 p. c.

1,539,313
1,375,131
7,466
3,943
3,523
52.81 p. c.

87,491
8,333
1,878
1,715
163
91. 30 p.c.

91,627

* 17,859

Net Earnings
Gross Earnings per Mile

Operating Expenses per Mile. .

i24.21 p.C.

Net Earnings per Mile

Expenses to Earnings

Central Pa-
cific RR.

Oregon and
Cal. RR.

Oregonian
RR.

Port. & Will.
Vy. RR.

California
Pacific Ry.

Total Pa-
cific System

Average Miles Operated.

1,360.28

558.50

57.50

28.50

115.44

4,625.17

Earnings : Passenger Dept
Freight Dept ...

S

5,942,982
10,395,779

1,194,109
906,189

15,550
35,396

43,000
66,532

594,195
919,171

13,420,677
22,531,062

Miscellaneous

290,344

34,051

6,117

1,703

15,381

1,058,339

16 629 104

2 134 349

57,063

111,235

1,528,748

37,010,078

Expenses : Maintenance of Way
Maintenance of Equipment
Transportation
General . ....

1,649,479
1,520,417
5,129,404
912,451

654,115
192,046
777,297
130,802

31,342
10,423
22,495
4,192

17,201
17,229
46,851
8,535

198,783
94,229
411,542
64,668

4,875,328-
3,249,668
11,755,016

1,928,784

Total Expenses

9 211,749

1,754,259

68,451

89,817

769,223

21,808,795

Net Earnings

7 417 355

380 090

* 11 389

21,418

759,525

15,201,283

Gross Earnings per Mile

12,225

3,822

992

3,903

13,243

8,001 88

Operating Expenses per Mile. .

6.772

3,141

1,190

3,151

6,663

4,715 24

Net Earnings per Mile
Expenses to Earnings

5,453
55. 40 p. c.

681
82. 19 p.c.

* 198
119.96 p. c.

752
80. 74 p. c.

6,579
50. 31 p.c.

3,286 64
72. 14 p. c.

* Deficit.

POOR S MANUAL — SOUTHERN PACIFIC COMPANY.

957

Southern Pacific Company and Proprietary Lines — Income from Operations.

1891. 1890.

RECEIPTS.

Gross Earnings— Railroads and Steamships.
Less Operating Expenses

$50,449.815 88
31,163,011 94

5,50881

31.155,1020-2

Earnings over Operating Expenses

Trackage and Other Rentals Received :

Account of For

Sou them Pacific RR. of Cal.. Rental Cai. Division to

Atlantic & Pacific RR. Co

Rental Terminal Property

South Pacific Coast Ry Rental ferry steamers to

Central Pacific RR. Co

Northern Railway Trackage : Brighton to

Sacramento, to Central Pacific RR. Co

Marysville Steamer Line Rental river steamers to

Central Pacific RR. Co

Central Pacific RR Rental ferry steamers to

California Pacific RR. Co

Rental ferry steamers to South Pac. Coast Ry. Co.
Third rail at Ogden to Rio Grande West'n Ry. Co.

Rental terminal property

M. L. & T. RR. £ S. S. Co. .Miscellaneous rentals

Texas & N. O. RR. Co Shop privileges at Houston

Miscellaneous rentals

Galv.. Harris. & San Ant. Ry. .Trackage, Sierra Blanca

to El Paso, to Texas & Pacific RR. Co

Trackage, El Paso *o Rio Grande, Southern Pacific
RR. Co. of X. M.

$19,286,203 94

$17,197,401 19

Shop privileges at Houston
jllaneous i

Miscellaneous rentals
Gulf, West. Texas & Pac. Ry. .Miscellaneous rentals! ',

8436.366 00
565 13

2,76000

1,20000
1,390 32

12,00000

5,930 00

525 12

3.202 37

717 17

4,841 28

9,191 44

55,40400

5,661 38

13.543 20

225 56

4,77066

$436,266 00
31680

3,60000

209 63

6,00000

26256

1.795 21

55,40400
5,66138

9090

564,19353

Total 819.850,39747

509,60653
$17,707,00772

Exnmnnm.

Taxes— State, County, and Municipal $1,261,984 25 81,234,298 43

Betterments and Additions of Leased Lines, payable by

Lessee and charged to Income 259,569 91 865,685 63

Interest on Bonded Debt. (Seepage ) 10,629,90023 10,259,81979

Interest on Floating Debt— Net charges, Account of

Operations 16,717 64 315,021 80

Central Pacific RR. Rentals and Sinking Funds :

Sinking Funds Annual Requirements 8275.000 00 $875,00000

United States Thurnian Act Requirement 613.516 27 5.23,950 67

Land Department Expenses ... 64,540 66 41,409 77

Rental of Terminal Property and Right of Wav . . . 88,574 30 39.779 90 -

Rental of Steamers ." ti.--.N3 65 -JO'.i os

Trackage, Brighton to Sacramento, from North Ry ~. 2»'O 00 3.600 00

Rental Union Pacific RR., 5 miles west of Ogden 20,000 00 20.000 00

Rental under Lease 3,144.42518 1,360,00000

83,319,539 96 $2.263.950 02

Less Surplus of Sinking Fund Payments Returned 4.24873

California Pacific RR. Rentals : 3,219,539 96 2 259 701 •*)

Railroad and Other Property, as per lease 8600.000 00 $600.000 00

Rental of Ferry Steamers to Central Pac. RR , etc 12.021 00 . . 6,000 00

612,02100 8606,00000

Trackage and Other Rentals :

Account of for

South. Pac. RR. of Cal ... Terminal propertv. etc *48 874 so «s^ i-xj on

South. Pac. RR. of N. M.Track:,ge,El PasolRio Grande
RentalRio Grande bridge .

South Pacific Coast Ry . . Rental ferry steamer, etc. " '5 931 00

Northern Ry Miscellaneous rentals 'ion no

Northern California Ry. .Miscellaneous rentals ....

Marysville steamers Rental barges gjo .

Oregon & California RR .Term'l <fe brg. rental. Portland 36 000 00 <«; nnn no

Oregonian RR Office, December 5-31 'J o I *,

Portland & Wil. Val. Ry . Balance from operations " Vo rot *Q

M.L. &T. RR. &S.S. Co. Rental steamships. 141 nm

Tr'k^Pac.Jc.tScheneVvilie lo.eSOOO

Shops, etc., at Houston... 587 fi4

Louisiana Western RR ..Shops, etc., at Houston .... 581254

Miscellaneous rentals 'kno ^n

Taxes &N. O. RR Shops, etc.. at Houston " 1135864

Gal.. Har. & San. Ant. Ry.Shops, etc., at Houston. .'.'.'.'. gg 66

486,704 60 388,827 31

T°talS 816.486.43759 $15,329,29434

Net Surplus for all Lines, including S. P. Co $3,363,95988 $2.377,713 3$

958

POOR S MANUAL — SOUTHERN PACIFIC COMPANY.

EXPENDITURES.

Apportionment of Surplus, as shown by Profit and

Loss Accounts of th'e respective companies :
Surplus due from operations, Southern Pacific £o.
and proprietary lines —

Southern Pacific RR. Co. of Cal

Southern Pacific RR. Co. of Ariz

Southern Pacific RR. Co. of N. M

Northern Ry. Co

M. L. & T. RR. & S. S. Co

Louisiana Western RR. Co

Texas & New Orleans RR. Co

Galv., Harris. & San. Ant. Ry. Co

Gulf, Western Texas & Pacific Ry. Co

New York, Texas & Mexican Ry. Co

Southern Pacific Co. *

1891.

1890.

$1,064.496 06
241,93093
145.158 54
773,760 00
556,441 11
169,351 64
440,25593
116,550 96
86,688 47
25,097 35
456,947 88

Total $3.853,107 23

Other Lines :

Oregon & California RR. Co * 489,147 35

Total net Surplus from Operations

$1,082,399 14
245,999 81
147,599 88
485,629 76
565,799 55
172,19986
562,865 22

* 200,760 24

* 141,57663

* 73,956 48

* 209,05678

$2,637,143 09

259,429 71

$2,377,713 38

* Deficit.

Comparative statement of traffic statistics by divisions for three years ending December 31.

PACIFIC SYSTEM.

ATLANTIC SYSTEM.

1889

1890

1891

1889

1890

1891

Number of Passengers Carried :
Through East bound

74.470
100,550

67,761

87,487

69,355
94,162

23,119
32,574

25,59?
36,546

28.012
35,010

Through Westbound . ....

Through Total

175,020

5,388,804
10,464,620

155,248
5,366,865
11,034,170

163,517
5,855,916
11,845,443

55,693
672,305
5,006

62,143
758,905
4,889

63,022
888,434

4.874

Ferry S uburban

Total

16,028,444

63,125,395
84,598,995

16,556,283

56,608.280
72,296,245

17,864,876

59,898,495
76,726,625

?'33,004

10,120,940
19,093,030

825,937

11,276,046
18,477,960

956,330

11,967,587
17,516,354

Passengers Carried One Mile :
Through Eastbound
Through Westbound

Through Total

147,724,390
261,114.603

98,722,059

128,904,525
254,086,044
104,914,169

136,625,120
273,616,445
113,440,770

29,213,970
34,554,497
7,509

29,754,006
37,536,095
7,332

29,483,941
41,341,995
7,322

Local

Ferry Suburban . ....

Average Rate per Pass, per Mile :
Through Eastbound
Through Westbound

507,561,052
Cents.
1.910
1.970
2.727
0.956
2.156

302,195
292,291

487,904,738
Cents.
2.010
1.990
2.727
0.938
2.150

349.691
332,075

523,682,335
Cents.
2.09
2.00
2.73
0.93
2.16

403,211
335,703,

63,775,976
Cents.
2.04
1.67
2.93
3.33
2.41

195,018
477,958

67,297,433
Cente.
2.07
1.66
2.85
3.33
2.39

266,093
602,196

70,833,258
Cents.
1.96
1.72
8.75
3.34
2.36

312,960
568,643

Ferry Suburban

Total Average
Tons of Freight Carried :
Through Eastbound

Through Westbound

Through Total
Local

594,486
4,134,440
1,031,270

681,766
4,584,810
1,025,493

738,914
4,949,142
1,195,810

<m

672,976
1,090,121
417,423

868,289
1,114,463
430,453

881,603
1,049,799
507,521

Company

Total

5,760,196

260,908,716
264,028,428

6,292,069

328,218,842
293,154,141

6,883,866 j

367,359,000
302,275,362

2,180,520

114,735,802
213,957,339

2,413,205

183,148,109
264,236,050

2,438,923.

189,245,583
250,600,853

Tons Carried One Mile :
Through Eastbound

Through Westbound. ...

Through Total

524,937,144

422,348,842
169,894,699

621,372,983
471,618,907
167,521,161

1,260,513,051
Cents.
1.099
1.206
2.761
0.532
1.671

669,634,362
502,437.824
193,419,381

328,693,141
215,806,421
80,230,644

447,384,159
213,763.237
77,920,714

439,846,446
177,531,427
95,592,288

Local

Company

Total

1,117,180,685
Cents.
1.175
1.332
2.902
0.534
1.768

1,365,491,567
Cents.
1.154
1.235
2.694
0.529
1.650

624,730,206
Cents.
0.902
1.170
1.728
0.260
1.195

739,068,110
Cents.
0.764
1.102
1.742
0.264
1.115

712,970,156
Cents.
0.865
1.180
2.008
0.252
1.178

Average Rate per Ton per Mile :
Through Eastbound

Through Westbound

Local

Company

Total Average

POOR'S MANUAL — SOUTHERN PACIFIC COMPANY.

959

SOUTHERN PACIFIC COMPANY AND PROPRIETARY LINES. — Consolidated Balance Sheet,
December 31, 1891 :

COMPANIES.

ASSETS.

LIABILITIES.

BALAKCK

Construc-
tion and
Equipment.

Stocks
Owned of
Proprietary
Companies

Other Stks., Sinking
Bonds, and Funds &
I'roperty Other
Owned. Assets.

Total

Assets-

Capital
Stock Out-
i standing.

Funded
Debt.

Balance ot
Floating
Debt

bSSSi *•£«

Cap. Stock. Aaietr

Southern Pacific Co
So. Pacific RR. Co. of Cal.
So. Pac. KR. Co. of Ariz-
So. Pac. RR. Co. of N. M.
So. Pacific Coast Ry. Co.
Northern Ry. Co
Northern Cal. Ry Co
Morgan's L.& T. RR. & 8.
S. Co. and lines owned
Louisiana West. RR. Co.
Tex & N Orleans RR. Co.
Galveston, Harrisburg*
San Antonio Ry. Co...
Gulf. W. T. <feP. Ry. Co..
N.Y.,Tex. & Mex. Ry.Co.

Total 1891

$

122,663.859
81,047,046
11,177,260
11,500,000
24,«63.332
2,325,000

22,892,417
S, 394. §08
11,559,910

6J,957,269
1,823,963
2,374,869

I

117,592.637

4,805.383

1

S^OS,?. 9

. - ', c

t

127,604,020
126,692^40
SI, 047.046
11,446,883
11.600.00U
24,921,448
2,825,000

23.719,161
6,194,608
11,880,270

54,402,809
2,086,781
2,374,869

$

118,858,170
65.135,300
19.995.000
6.888.800
6,000,000
12,896,000
1,280,000

16.989,075
3,360,000
6,(WO,000

27,098,012
500,000
630,040

t

1,900.000
47,375,000
10.000.000
4.180.000
6,600.000
9.919,000
946,080

6,763.716
V-UG.OOO
4,701,651

25.601,084
1.453,000

1,518.000

3,871.682
537,120
63,863
Cr. 129,004

114,629, "62

113.047,420
30.058.861
10.939.795
11.600,000
11.725,859
2.125,000

11.960,150
6,718,080
0,603,462

64.706.704
1,911,438
1,710,981

1,974,167

13 .545, "19
988.182
506,' P3

' 3',i0i'.T8«

1,769,000
676.577
2,756,817

•801,895
175,S4»
*886,I11

68,633

268.113

Cr. 1,089,340

751,933

74,600

Cr. 742,640
118,030
Cr. 08,188

1,011,607
Cr. 41,661
662,941

;;

800,369

1,445,640
S62.817

301.269.028

118.344,671

7,388,911

9,671,826

436.674837

283,575,397

122,086,451

6,0*4,611

410,728,360

25,947,977

Total 1890

286.884,983

115,561,291 4,784,131 9,632,521

416,862,927

267,478,717

115,718.167

8,676,667

389,878,452

26,980,4-6

Deficit.

The capital stock of the Southern Pacific Co., given in above table, was issued in ex-
change for the stocks of the other companies named. In consequence, the above statement
duplicates the items of assets and liabilities to the extent of the amounts credited to that

company.

Income Account, Southern Pacific Company, December 31, 1891.

DISBURSEMENTS.

Loss in Operation of:

Northern California Railway $50.793 70

Marysville Steamers. ." 18,150 62

Oregonian Railroad 17,431 16

Adjustment of Balance Due Central
Pacific RR. Co. under Thurman Act
Requirements in the years 1887, 1888,
1889, and 1890 70,330 92

Balance to Credit of General Account :

General Income $2,899,167 68

Income for Sink. Fund. . . . 75,000 00— 2,974,167 68

Total $3,130,874 08

124,816 72
113.069 95
54,100 00

RECEIPTS.

Balance from Last Year $2,407.260 63

Profits under Omnibus Lease 241,930 93

Profits from Operation of Northern Ry. .. 63,505 76
Profits from Operation of S. P. Coast Ry.
Profits from Operation of Cal. Pac. RR. ..
Profits from Operation of Steamships. . . .
Contribution to Sinking Fund for Steam-
ship Bonds 75.00000

Dividends on Stock Owned 12,720 00

Accrued Interest on Bonds Owned 6,054 17

Rentals from Real Estate 2,400 00

Interest and Exchange 30.014 92

Miscellaneous i 00

Total, S3. 130,874 08

General Balance Sheet, December 31, 1891.

ASSETS.

Stocks in Proprietary Companies $117,592,637 33

Stocks in Other Companies. $914.458 67

Bonds in Proprietary Cos 1.870,578 38

Steamships and Other Prop. 2.020,346 93

Cash 3,371,551 04

Agents and Conductors 1.060,516 38

U. S. Gov. Mail Transp 2^345,158 50

Sundry Individuals and Cos. 1,242,607 67

Pacific Improvement Co 382,024 64

Proprietary Companies 1,358,541 09

New Construction Prop. Cos. 126,274 11
New Construct. Other Cos. . 797,481 32
H.&T.C.Ry.Reorganization. 2,308,384 77
H. & T. C. Ry. Advances.. . . 124,207 94

Unadjusted Accounts 825,644 66

Stock of Supplies 5,205,999 33— 23.953.775 43

LIABILITIES.

Capital Stock $118,858.170 00

Steamship Bonds due 1911 1,900,00000

Loans and Bill? Payable. . . .$1.484,611 16
Vouchers and Pay Rolls .... 4,717,160 09
Individuals and Companies. 1.373.042 17
Leased Companies 3,743,920 45

Coupons Due and Unpaid.
Accrued Interest to Dec. 31,

due in 1892

-€onpons maturg Jan. 1, ?92

Unadjusted Accounts

Insurance Funds

Renewal Funds

Taxes Unpaid .

132,638 60

1,112,11966
2,476,630 00
882,591 17
421,385 95
466.128 73
65H,420 00

Taxes in Suspense 312,427 10— 17,814,075 C8

Balance from Income Account 2,974,167^68

Total Assets $141,546,412 76 I Total Liabilities ."$141,546,412 76

Compared with the year 1890, there has been an increase in the following assets : In
stocks of proprietary companies, $2,783,280 ; iu bonds of proprietary companies, $871,578.38;
in steamships and other property, $1,921,341.20 ; in cash, $948,127.07 ; in other assets, $109,-
827.65 — a total increase of $6,634,154.30, with an increase in liabilities as follows : In capital
stock issued, $2,783,280, being for 46,334 shares of the capital stock of the Southern Pacific
of California Co., and fifty-four shares of the capital stock of the Galveston, Harrisburg &

960

POOR'S MANUAL — SOUTHERN PACIFIC COMPANY.

San Antonio Ry. Co., of the par value of $100 each ; 1st mortgage 6 per cent, steamship
bonds, $1,900,000 issued in payment of steamships " El Dorado," " El Mar," "El Monte,"
" El Paso," " El Sol," and in other liabilities, $1,458,967.25 ; a total increase of $6,142,247.25.
leaving a gain in assets over 1890 of $491,907.05.

SOUTHERN PACIFIC COMPANY. — Comparative General Balance Sheet, December 31, 1890,
and 1891 :

December 31,

December 31,

YE A u

1891.

1891.

1890.

Increase.

Decrease.

AsMt* :
Stocks of Proprietary Lines Owned. (See page 959;
Other Stocks Owned :
41 721 Shares Stock Mexican International RR Co

117,592,63733
834,420 00

8
114,809,35733

834,420 00

$
2,783,280' 00

$

Miscellaneous Stock

80,038 67

80.037 67

100

Bonds Owned :
Galveston, Harrisburg & San Antonio Ry. Co., $1,110,000

999 00000

999.000 00

Gulf, Western°Texas & Pacific Ry. Co., $1,453,000, 1st

871,578 38

871 578 38

Other Property Owned :
Real Estate Buildings etc

32,346 93

32.346 93

88,000 00

88,00000

Steamships " El Dorado," " El Mar," " El Monte," "El
Paso " and 'k El Sol " ....

1,900,000 00

1,900,00000

Material, Fuel, and Supplies on Hand :
On Pacific System .

4,083.741 59

4,183,925 66

100,18407

1,122,25? 74

1,074,911 34

47.346 40

Total Assets

127,604,020 64

122,101,998 93

5.:>i)2,021 71

Liabilities : .
Capital Stock • Common Stock, *$100 per Share

118.858,170 00

116,074,890 00

2,783,280 00

Bonded Debt : Steamship 1st Mortgage Bonds (20 years),
dated Jan. 1, 1891, int. 6 p. c., payable Jan. 1 and July 1 . .
Floating Debt : Balance of Liabilities Over Assets, as per
Profit and Loss Account

1,900,000 00
3,871,682 96

3,619,848 30

1,900,000 00
251,834 66

Total Liabilities

124,629,852 96

119,694,738 30

4,935,11466

Balance \«sets over Liabilities and Capital Stock

2 974.16768

2,407,260 63

566,907 05

Interest on bonded debt of proprietary and leased lines, paid and accrued during 1890
and 1891 :

ISSUING COMPANY.

1891.

1890.

ISSUING COMPANY.

1891.

1890.

PACIFIC SYSTEM.
Proprietary Lines :
Southern Pacific RR. of Cal.
.. Southern Pacific RR. of Ariz.
South. Pac. RR. of New Mex.
South Pacific Coast Ry
Northern Ry -.
Northern California Ry

S

2,661,789 65
600,00000
250,800 00
220,000 00
547.630 00
49.562 50

$

2,550,942 99

600,00000
250,800 00
220,000 00
548,657 50
19,208 33

ATLANTIC SYSTEM.
Proprietary Lines :
Morgan's L.&T.RR.& SS.Co.
Louisiana Western RR
Texas and New Orleans RR.
Gal., Harris. & San Ant. Ry.
Gulf,West,Tex. & Pacific Ry.
N. Y., Texas & Mexican Ry.
Buff.Bayou Ship Channel Co.

Total Atlan. Syst. Lines...
Total

$

452,088 64
134,400 00
272,940 00
1,026,260 00
6,054 17
61,93000
64000

S

452,088 27
134,400 00
272,940 00
1,026,26000

""61,93000

4,329,782 15

4,189,60882

Leased Lines :

1,954,312 81

1,947,618 27

3,510,5r,7 :*>
835.2477;

3,414,442 70
708,150 00

10,629,900 28

4,329,782 15
1,954,31281

10,259,819 79

4.189,608 82
1,947,618 27

SUMMARY.
Proprietary Lines :

Pacific Svstem

Atlantic System ....

Total
I Leased Lines :
Pacific System

6,284,094 96
4.345.805 27

6,137,227 09
4,122,592 70

Total
'Southern Pacific Company :
Steamship Bonds

Oregon and California RR. . .
Total

10,62I),900 23
114,00000

10,259,819 79

4,345,805 27

4,122,592 70

Total Pac. System Liues..

Grand Total. ..

8.675,587 42

8,312,201 52

10,743,900 23

10,259,819 79

NOTE.— The interest on the lines in Texas accruing after June 3 >, ISS'.t, is payable by the respective railroad
companies. All other interest is payable by the Southern Pacific Company.

POORS MANUAL — SOUTHEKN PACIFIC COMPANY.

961

SOUTHERN PACIFIC COMPANY. — Statement of leasehold operations of lines undei
Omnibus lease for the year ending December 31, 1891.

Total.

REC F

Gross Earnings

Interest received

Rentals received :
A A P. KR. Co. for Cal.

Div

Terminal prop, in San Fran.
Sundry

48,310

4:K2»;ti
565
717

S. P. RR. S. P. RR. S. P. RR. Morgan's

of

California Arizona. NewMex. RR. &SS.

Total receipts 19,750187

EXPENDIT'

Operating Expenses

Taxes

Interest on Bonded Debt. . .
Interest on Floating Debt. . '.
Trackage and other rentals :
Term, facilities at San Fran.
Trackage Rio Gr. to El Paso
Trackage Pacific June, to

Cheneyviile

Rental of Steamships

Rental of Shops, etc., at

Houston . .

4*1.26*
565

of

of

L, AT.

9,716,653 2,028,687

12,881 JT4 1,458,274

450,184 235,S05 87,929

4,099.718 2,661,789 600,000

85.175 r~

4>.S74
5,661

4S.S74

341,000

349,259 5,683,431
11,788 31,662

71'

1,061,048 5,715,811

596,349 4,070.106

22.4« >4 87.796

250,800 452,088

5.661

10,620

341, 1 00

5-7

Louisiana Transpor- Southern

Western
RR.

1,061,675

4,858

tation
Lines.

Pacific
Company.

1,066,534 161,451

603,860 124,856

13.403 2,845

134,400 640

239

6,316 ....

Total 17,330,877 8.459,919 2,146,9S1| 875,216i 4,962,198 757,980 128.580

Net Profit Expenditures 2.419.309 1.2.56,734 * 118,294

Per cent, of net profit due

each company

Amount due each company.

100

44

2.419.309 1.064.496

10
241,930

1S5.S32

6
145,158

308.554 32,870

556.441

10
241.9:30

* Deficit.

Leasehold operations of the Northern Railway for the years ending December 31. 1890
and 1891.

RECEIPTS : 1S91. 1890.

Gross Earnings of Lines $2.914.444 34 $2,685,103 84

C. P. RR.— Trackage from Brighton to Sacra'o (year 1891 : July to Dec., 1890). 7,200 00 3.600 00

Interest Received 50.576 32 4.63383

Total Receipts , $2,972.220 66 $2,693.337 67

EXPENDITURE^ :

Operating Expenses $1,539.313 03 $1,605.432 59

Taxes 47.'. 53.-

Interest on Bonded Debt 547,630 00 548,657 50

Rental 100 00

Total Expenditures $2,134.954 90 $2.207.707 91

Bal. Sur. due Northern Railway Co., being less than 6 p. c. on Capital Stock.. . $485.629 76

Balance Surplus $837.265 76

Six per cent, on capital stock of $12,896,000 due Northern Railway Co 773.76000

Bal. Surplus due Southern Pac. Co., being Excess of 6 p. c. on Capital Stock. . $63,505 76

Leasehold operations of the Northern California Railway for the years 1890 and 1891.

RECEIPTS : 1891. 1890.

Gross Earnings $95,82426 $71,05083

Interest Received 53 98

Total Receipts $95,824 26 §71.10481

EXPENDITURES I

Operating Expenses $87,490 77 $50.f>7 ;.§

Ta*es 4.4-652

Interest on Bonded Debt 49.56250

Interest on Floating Debt 900 44

Rental 12 00

Total Expenditures ~S 142,452 23 $74.792 90

Balance Deficit $46.62797 $3.S88 09

Betterments and Additions payable by Southern Pacific Company, lessee Dr. 4,165 73 Cr. 2,187 06

Amount set aside for renewal of cars worn out prior to 1890 95 55

Net deficit Payable by Southern Pacific Company $50,79370 $1,59658

61

962

POOR S MANUAL — SOUTHERN PACIFIC COMPANY.

Leasehold operations of the South Coast Pacific Ry. for the years ending December 31,
1890 and 1891.

RECEIPTS : 1891. 1890.

Gross Earnings $1,107,772 87 $1,105,543 45

Rental of Steamer Newark 2,760 00

Interest Received 4,357 26

Total Receipts $1,114,890 13 $1,105,543*45

EXPENDITURES :

Operating Expenses $713,965 33 $810,969 24

Taxes 24,284 36 24,667 04

Interest on Bonded Debt 220,000 00 220 000 00

Rental of Steamer El (Japitan 5,93100

Interest on Floating Debt 4,899 52

f— Total Expenditures $964,18069 $1,060,53580

Balance Surplus $150,709 44 $45,007 65

Betterments and Additions Payable by Southern Pacific Company, Lessee 25,892 72 26,303 53

Net Surplus Due Soutnern Pacific Company. $124,816 72 nu 12

Leasehold operations of the Oregon and California RR. for the years ending December
31, 1890 and 1891.

RECEIPTS : 1891. 1890.

Gross Earnings $2,134,349 01 $1,927,339 52

Gross Earnings of New Line from Woodburn to Cobnjrg, Operated from Decem-
ber 5 to 31, 1890, Returns for which were not Entered in Regular Tables 4,803 76

- Interest Received ... 64,222 68 94,126 50

<S,571 69 $2,026,269 78

EXPENDITURES :

Operating Expenses $1,754.259 34 $1,430.509 26

Operating Expenses of Line Woodburn to Coburg, December 5 to 31, 1890 3,497 26

Taxes , 62,211 93 54,225 30

Interest on Bonded Debt 835,247 77 708,150 00

Interest on Floating Debt 53,317 67

Rentals.— Terminal Facilities at Portland, from January 1, 1890 26,000 00 31,000 00

Willamette River Bridge, from July 1, 1890 10,000 00 5,000 00

$2,687,719 04 $2,285,699 49

Balance Deficit Payable by Oregon and California RR. Co $489,147 35 $259,429 71

Leasehold operations of the Oregoniau RR, for the year ending December 31, 1891.

RECEIPTS :

Gross Earnings $57,062J(i2

EXPENDITURES :

Operating Expenses $68,451 27

Taxes 3,647 55

Interest on Floating Debt 2,394 96— $74,493 78

Balance Deficit Payable by Southern Pacific Company $17,431 16

Leasehold operations of the California Pacific RR. for the two years ending December
31, 1890 and 1891.

RECEIPTS : 18!)1. IS'.H).

Gross Earnings $1,528,747 72 $1,364,372 12

Interest Received 8,406 53 2,193 26

$1,537,154 25 $1,366,565 38
EXPENDITURES :

Operating Expenses $7W),2->2 63 $819,51)8 32

Taxes 35,071 43 37,626 87

Rent of Road 600,00000 600,00000

Rental of Ferry Steamers 12,000 00 6,000 00

Rentals, Sundry 21 00

$1,416,315 06 $1,463,219 19

Balance Surplus $120,H3<) 19

Balance Deficit $96,653 81

Betterments and Additions Payable by Southern Pacific Company, Lessee 7,769 24 5,973 02

Amount Set Aside for Renewal of Cars Worn Out Prior to 1890 7,070 56

Net Surplus due Southern Pacific Company $113,069 95

Net Deficit Payable by Southern Pacific Company

POOR'S MANUAL — SOUTHERN PACIFIC SYSTEM.

963

Leasehold Operations of the Central Pacific RR. Co. for the years ending December 31,
1890 and 1891 :

1891. 1890.

RECEIPTS : <• ' »• * .

Gross Earnings from Operations of Railroads and

Su-anuTs $16.629.104 36 $15,937,004 50

Rental or Steamers IT.MiOO 6,00000

Rental of Third Rail at O-jden : .V25 13 26256

Rental of Other Property :;.2ii3 37 1,795 21

Surplus of Sinking Funds, 1890 4,24873

Interest Received 23,536 42

Total Receipts $16,674,298 27 $15,949,311 00

EXPENDITURES :

Operating Expenses of Railroads and Steamers $9,211,749 46 $9,875,018 24

Expenses of Land Department. C. P. RR. Co $71.76021 $48,11377

Less Receipts Applicable for Payment of Same . . 7.219 65 6,704 00

64,540 56 41,409 77

Taxes— Central Pacific RR. Co.'s Property and Lands 510,70913 500,80267

Rental— Trackage between Brighton and Sacramento,

5.64 miles $7.200 00 $3,600 00

Ogden Union Depot 9,000 00

Union Pacific Ry., 5 Miles of Road West of Ogden 20,000 00 20,000 00

Steamers Sacramento Route 3,52365 20968

Other Property and Right of Way 79,57430 39,77990

Steamer for Ferry Route 2,76000

122,057 95 63,589 58

Interest on Floating Debt, Paid 21,228 91

Interest on Bonded Debt for the Year, Paid and Ac-
crued to December 31 :

81,552.98000 $1.552,98000

164,10000 164,10000

299.10000 299,40000

California and Oregon Division, Series B Bonds.. . 351,480 00 351.480 00

San Francisco. Oakland & Alameda Railroad Bonds 5.320 00

San Joaquin Valley Railroad Bonds 364.800 00 364.800 (30

Central Pacific Land Grant. First M ortgage Bonds 201.300 00 244,970 00

Fifty-year Bonds of 1936, C. P. RR. Consolidated . 3.360 00 3,482 13

Fifty-year Bonds of 1939, C. P. RR. Consolidated. . 573.487 50 427,910 57

3.510,55750 3,414,44270

Sinking Funds of the Company :

Annual Requirements from Income 275.000 00 275,000 00

United States Requirement for the Years under the

Thurman Act 612,51627 523,95067

Betterments and Additions to Central Pacific Railroad

Property during the Years 221,742 2? 234,645 71

Total Expenditures $14,529.873 09 $14,950,088 25

Net Profit for the Year $2,144,425 18. ..

LESS :

Amount set aside in 1890 for Renewal of Cars worn

out prior to 1890

$999,222 75

100,612 20

Amount to make Guaranteed Rental, paid by S. P. Co $461,389 45

Rental under Lease $2,144,425 18 $1,360.000 00

PROPRIETARY LINES OF THE SOUTHERN PACIFIC COMPANY (ATLANTIC SYSTEM).

GALVESTON, HARRISBURG AND SAN ANTONIO RAILWAY.--!^/* line: Houston
Texas, to El Paso, Texas, 850.30 miles ; Hctrriffatrg branch : Harrisburg to Pierce Junction. Texas, 8 miles ; La
grange branch : Columbus to Lagrange, Texas, 31 miles ; Gonza'ex branch : Harwood to Gouzales, 12.30 miles
Eagle Pas* branch .- Spofford Junction to Eagle Pass, 35.30 miles— total length of all lines, 936.90 miles. Sidings
126.32 miles. Gauge, 4 ft. 8i in. Rail (steel, 913.70 miles), 50, 52, and 60 Ibs.

History.— See MANUAL for 1883, page 933. This road is controlled by Southern Pacific Co., through owner-
ship of capital stock, but is operated independently by its own officers.

Rolling Stock. December 31, 1891.— Locomotire engines. 112. Gars— passenger, 30 ; tourist, 13 ; sleepers, 14 ;
baggage, mail, and express, 12 ; freight (box, 1,601 ; platform. 748 ; caboose, 80 ; stock, 180 ; gondola, 384), 2,£ 93 •
officers', 3 ; pay, 1 ; other, 82— total cars, 3,148.

Profit and Loss Account, year ending December 31, 1891.— Net earnings, 1891, $1,247,368.34. Add trackage
rental, $61,065.38; rentals on land, etc., $13,768.76— total revenue, $1.322.202.48. Payments: Interest on
bonds. $1,<J26,260 : on Texas school fund debt, $5.077.43 : on floating debt, $90.344.45 ; taxes, $80,083 62 ; rentals
$3,286.02 ; other, $21,867.06— total, 1,227,518.58. Balance, surplus. $94,683.90. Deficit from last year, $393,387.13
Add sundry payments for prior periods, $4,192." Balance, deficit, Jan.|l, 1892, $302,895.23

964

POOR'S MANUAL— SOUTHERN PACIFIC SYSTEM.

General Balance Sheet, December 31, 1891.

Cost of Road and Equipment . . $51,314,670 80

Betterments 1,642,598 32

Lands Owned 1,445.540 08

Bills and Accounts Receivable 13,233 06

Cash on Hand 10,055 05

Southern Development Co.— Suspense 645,805 9?

Balance... 302,89523

Total Assets $55,374,798 51

Capital Stock $27,084.372 00

Stock Dividend. 1881, Unclaimed s.640 00

Funded Debt 25,528.000 00

Due Texas State School Fund 73.084 81

Other Liabilities 2,680,701 70

Total Liabilities $55,374,798.51

The funded debt outstanding December 31, 1891 ($25,528,000) consisted of—

1st mtge.'Eastern Division 6 p. c. gold bonds, due Feb. 1, 1910, interest Feb. and Aug $4,7'56,000

2d mtge. Eastern Division 7 p. c. 25-year gold bonds, due June 1, 1905, interest June and Dec l,000,00f

let mtge. Western Division (M. & P. Ext.) op. c. 50-year gold bonds, due May 1, 1931, int. May and Nov. . 13.418,000
3d mtge. Western Division (M. & P. Ext.) 6 p. c. 50-year gold bonds, due July 1, 19 H, int. Jan. and July . . 6,354,000

The $4.756,000 1st mortgage 6 per cent, gold bonds, due 1910 (authorized, $4,800,000) are secured upon the
entire main line east of San Antonio, on the La Grange Branch, and on the old lands of the company. The
$1,000,000 2d mortgage 7s of 1905 are also secured on the main line east of San Antonio and upon the land grant.
The proceeds from the sale of the lands go to the trustees, to be used in the purchase of bonds. The 1st mort-
gage bonds are further secured by a sinking fund of 1 per cent., commencing in 1880, and for which bonds are
drawn annually. It is optional with the holders, however, whether they surrender or retain their bonds. In case
of their retention, the interest continues and the bonds remain as if they had never been drawn.

The $13,418.000 1st mortgage Mexican and Pacific Extension 5 per cent, gold bonds, of $20,000 per mile, due
1931, are secured upon the line from San Antonio to El Paso, and the Eagle Pass branch. The $6,354,000 2d mort-
gage C per cent, gold bonds, due 1931, are secured upon tluj line from San Antonio to El Paso, subject to the 1st
mortgage, and are also secured by the lands due from the State for construction of the M. & P. Division, by which

currently earned. The interest charges are thus at present reduced by an annual amount of $381,240.

Annual meeting, firet Tuesday in July. All issues of bonds are listed on New York Stock Exchange ; $1,-
200,000 1st mortgage 6 per cent, bonds of 1910 are also listed on stock exchange at London, Eng.

Directors.— Isaac E. Gates, Charles Babbidge, E. H. Pardee, C. P. Huntington, New York, N. Y. ; C. C.
Gibbs, W. G. Van Vleck, J. Krutschuitt, Houston, Tex. C. P. HUNTINKTOX, President, New York, N. Y. : J.
Krutschnitt, Vice-President and Cren^ral Mdftagtr, Houston, Tex. ; E. M. Underbill, Secretary, Houston, Tex. ;
C. Babbidge, Asst. Sec., New York, N. Y. ; P. J. Huder, Trensurer, Houston. Tex. PRINCIPAL OFFICE AND AD-
DKKSS. 61 and 63 Main St., Houston, Tex. General Agent's Office, 23 Broad Street, New York, N. Y.

GULF, "WESTERN TEXAS AND PACIFIC RAILWAY. -Port Lavaca, Tex., to Cuero, Tex.,
56.50 miles ; Victoria to Beeville, 54.70 miles— total, 111.20 miles. Sidings, etc., 14.18 miles. Gauge, 4 ft. 8£ in.
Rail (steel, 66.89 miles), 56 Ibs. Successor of San Antonio and Mexican Gulf and Indianola RR. Cos., which were
consolidated by Act of August 4, 1870, under present name. Sold under foreclosure April 3, 1877'. and purchased
by Charles Morgan, who formed the present company August 4, 1870, without change of name, by issuing stock
to the amount of $500,000. On September 15. 1885, this road passed under the control of the Southern Pacific
Company, and it is now part of that company's Atlantic system.

Rolling Stock, December 31. 1891. — Locomotive engines, 6. Cars — passenger, 3 ; freight (box, 127 ; caboose,
2 ; platform, 123). 252 ; other, 1— total, 256.

Profit and Los* Account, year ending December 31, 1891.— Deficit from operations, $74,721.19. Payments :
Taxes, $'7,352.40 ; interest on floating debt, $3,331.27 : interest on bonds. $6,054.17— total, $16.737.84. Less rental
received, $4.770.56. Net income, $11.967.28. Total deficit from operations, $S(i.(iS8.47. Net interest received on
balance account, $45,002.30— deficit for year, $41,686.17. Surplus forward. $175.343.04.

Fi n at trial Statement, December 31, 1891.— Capital stock (par, $100). $500,000; funded debt (1st mortgage 5
per cent. 50-year bonds, dated December 1, 1891, interest June and December ,, $1,453,000 ; accrued interest on
unmatured coupons, $6.054.17 : unadjusted open accounts. $2,177.64; profit and loss. $175,343.04— total, $2.13*-.-
574.85. Contra : Road and equipment. $1,823.963.97 ; miscellaneous investments. $19,100 ; value of lands, $243,-
717.83 ; floating assets, $49,793.05— total, $2,136,574.85. It is proposed to issue $10,000,000 bonds to take up the
old firsts and provide for betterments, etc.

Directors.— W. G. Van Vleck, Houston, Tex. ; D. C. Proctor, A. da Costa, Victoria, Tex. ; M. D. Monserrate,
Cuero, Tex. ; C. P. Huntington, New York, N. Y.; J. Krutschnitt, C. C. Gibbs, Ifouston, Tex. J. KRUTSCHNITT,
President; M. D. Monserrate, Vice-President ; W. J. Craig, Treasurer ; C. S. Wills, Secretary. PRINCIPAL OF-
FICE AND ADDRESS. Cuero, DeWitt Co., Trx.

LOUISIANA WESTERN RAILROAD.— Lafayette, La., to Orange, Tex., 112.03 miles. Sidings,
etc., 18.65 miles. Gauge, 4 ft. 84 in. Rail (steel, 112.03 miles), 52 Ibs. The route of this road originally formed
the western extension of what is now known as the New Orleans and Mobile RR. (which see). Some preliminary
work iiad been done in the way of grading, etc., when, in 1876, it was sold under foreclosure, and this portion pur-
chased by Morgan's Louisiami and Texas RR. Co., which subsequently transferred it to the Louisiana Western
RR. Co. The construction of the road was commenced in 1879, and the whole line put in operation in August,
1880. This road is included in the " Omnibus lease " to the Southern Pacific Company. Its proportion of net
profits is 7 per cent. See statement for Southern Pacific Company. On February 10, 1885, a lease of this property
was made to the Southern Pacific Company for 99 years from March 1, 1885, by which that company agrees to keep
the leased property in good repair, operate, maintain, add to, and better the same at its expense, pay all taxes
assessed against or levied thereon, and discharge all liabilities and obligations of every kind except the obligation
to pay the principal of the bonded indebtedness now outstanding, or which may be hereafter created, and that as
to such bonded indebtedness the lessee will pay off and discharge at maturity the interest upon the same, and
furthermore to pay to lessor annually on May 1st of each year as rental, a sum equal to 7 per cent, of the lessee's
net profits for the year ending December 31, preceding, that may remain from the operation of all the properties
embraced in said lease.

Rotting Stock, December 31, 1891.— Locomotive engines, 20. Cars— passenger, 7 ; baggage, etc., 5; freight
(box, 363 ; stock, 45 ; flat, 774 ; caboose, 6 : gondola, 100), 1,288— total, 1,300.

Front and Loss Account for year ending December 31, 1891.— Income under the lease, $169,351.64. Surplus
from last year, $507.226.32. Surplus, Jan. 1, 1892, $676.577.96.

Financial Statement, December 31, 1891.— Capital stock, $3,360.000 : funded debt, 1st mortgage 6 per cent.
40-year bonds, dated July 1. 1881, interest Jan. and July ($20,000 p. in.). $8,340,000; sundry dues, $168.947.61 ;
profit and loss, $676.577.96— total, $6.445,525.57. Contra: Cost of roadar.d equipment, etc., $5,633,144.85; cash,
S15.110.83 ; sundry dues, $35,806.26 : betterment?, $761,463.63— total, $6,445,525.57.

Bonds listed on New York Stock Exchange. Annual meeting, first Monday in April ; ;books close ten days
previously.

POOR'S MANUAL — SOUTHERN PACIFIC SYSTEM. 965

Directors (elected April 24, 1890).— C. P. Huntington, I. E. Gates, F. H. Davis. H. E. Garth. New York. N Y.;
A. C. Hutchinson, New Orleans, La. C. P. HUNTIN»,TON. President ; H. E. Garth. Vice- President ; I. E. Gates.
Secretary and Trtas>n't)\ New York. N. Y. PRINCIPAL OFFICE AND ADDRESS, Houston, Tex. New York Office,
23 Broad Street.

MOBGAN'S LOUISIANA AND TEXAS RAILROAD. -.V*;/- Lh,* : New Orleans. La., to
Alexandria, La., 229.3 miles ; Honinn Branch : Sohriever to Houma, 15 miles ; Thibodeaux Branch : Schriever
to Thibodeaux. Smiles : Lqfovrche Branch.- Raceland, La., to Bayou Lafourche. 2 miles : tall Mine Branch:
New Iberia to Salt Mine. 10 miles: >7. jfartinfrille Branch: Cade to St. Martinsville, 7 miles ; Cypremort
Branch : Baldwin to Cypremort. 15.2 miles— total length of all lines. 283.5 miles. Sidings, etc., 87.63 miles.
Gauge 4ft. 8tjn. Rail (steel. 231.03 miles). 60 Ibs.

Of the main line from Cheneyville to Alexandria, 23.6 miles is owned by the Texas and Pacific Ry. Co. For
history, see MANUAL for 1887.

Leased for 99 years from March 1, 1885. to cne Southern Pacific Company, that company to maintain and
operate the property, pay interest on bonds, and in addition 23 per cent, of the net profits of "the entire system.
See Southern Pacific Company.

U»U'in.<j xfock. December 31. 1891.— Locomotive engines. 51. Cars— passenger. 34: baggage, etc., 22; sleep-
ing. 8: freight (box. 846; fruit, 50; stock. 164: flat. 229: gondola, 68; caboose, 16). 1,373; officers'. 1 : other,
44— total. 1,482 cars.

Front and Loss Acco>n,t for year ending December 31. 1891. — Net profit under lease. $556,441.11. Surplus
Jan. 1. 1891 (§6,389 226.90. less settlement of sundry accounts for prior periods. $5,226,487.S8). Sl-162.739.02— total
surplus, December 31. 1891, $1.719,180.13. Applied for investments. $650,790.91 ; balance, surplus, $1.068,189.22
—total. $1,719.180.13.

General Balance Sheet. J)e<:e»d,er 31, 1891.

Construction. Equipui't. and Betterai'ts. .$21,569.973 03

Miscel. Investments, Proprietary Cos 751,938 96

Other Investments. " 74.80000

Floating Assets 1.090.469 59

Total Assets ...$23.487.17658

Capital Stock (par, 3100) $15,000,000 00

Funded Debt 6.745.71608

Floating Liabilities 28,2

Income~Balance 1.719.18013

Total Liabilities $23,487,176

The fin,d-:fl df'»t outstanding ($6.745.716.08i December 31. 1891. consisted of :

1st mtge. (M. L. & T. RR.) 7 p. C. 40-yew coupon bonds, due April 1. 1918. int. April and Oct $5,000.000 00

1st mtge. (Alex. Ext.) 6 p c. 40-year gold coupon bonds, due July. 1920. int. Jan. and July 1.494.000 00

3ST. O.. O. & G. W. RR. 8 p. c. 40-year bonds, clue April 1. 1889. int. April and October " 2.713 92

*N. O.. O. & G. W. RR. 5 p. c. bonds, due April 1, 1899. interest April and October 249.002 16

•• Miscellaneous Investments, Proprietary Cos.." and "Other Investments.'" in above balance sheet includes
$496.500 stock of the Gulf. Western Texas and Pacific Ry. Co.: $24.500 stock of the Atchafalaya Bay Co. : $50.540
stock of the Buffalo Bayou Ship Channel Co.; $154.493.1:6 stock of the Houston Direct Navigation Co.; $25.900
stock of the Texas Transportation Co.; $38.800 stock of the Houston and Texas Central Ry.Co.; and $36.000
stock of Citizens' Bank of Louisiana.

The N. O.. O. & G. W. RR. bond-; are secured on the road from New Orleans to Morgan City, 80 miles : the
1st mortgage M. L. & T. bonds on the same line, and also on the Houma. Lafourche and Thibodeaux branches ;
and the 1st mortgage Alexander Extension bonds on the line from Morgan City to Cheneyville. 125.5 miles, and

of

The company owns five large ferry-boats, and a number of tugs, barges, and dredge-boats, in addition to -ixteen
iron steamships, six of which ply Between the ports of New York and New Orleans, nine between Morgan City,
La., and the various Texas and Mexican ports, and two between New Orleans. Florida, and Havana ports. These
steamers connect Avith Southern Pacific Co.'s Transcontinental route, and their earnings are included in statement
given above. The company also owns nearly the entire capital stock of the Gulf. Western Texas and Pacific RR.,
Texas Transportation Co.. Buffalo Bayou Ship Channel Co., and a major interest in the capital stock of the
Houston and Texas Central Ry. Co.

During the past year the capital stock was increased $10,000,000 to $15.000.000. This increase was made to
properly capitalize the value of the property, of which $4.000,000. having been paid in past years out of receipts
from operations, is now deducted from profit and loss account; and the balance of S6,"OpO.OOO. representing
accrued value of property owned, is added to construction and equipment account. Deductions from the profit
and lose account were also made amounting to $1,226,487.88. to bring old accounts standing as assets to present
values. ,

Directors (elected April, 1892).— C. P. Huntington, New York City : A. C. Hutchinson. J. G. Schriever, John
B.Richardson, Julius Krurschnitt, New Orleans, La. A. C. HUTCHINSOH, President. New Orleans. La.: J. G.
Schriever, Vice-Prtxitirnt ; J. B. Richardson, Secretary and Treasurer, New Orleans. La.: I. E. Gates, .i
try, New York, N. Y. PRINCIPAL OFFICE AND ADDRESS. New Orleans. La.

NEW YORK, TEXAS AND MEXICAN BAIL WAY. -Rosenberg to Victoria. Tex.. 91 miles.
Sidings, 6.19 miles. Gauge, 4 ft. 8} in. Rail (steel*. 50 Ibs. Chartered November 17, 1880, to build a road from
Rosenberg to Brownsville. Tex., 350 miles ; road opened to Victoria January 15. 1882. Operated by the contractor
to June 2, 1884, when it was turned over to the company. About September 1, 1885, it was sold to the Southern
Pacific Co. The company has the usual State land grant of 16 sections, equaling 10.240 acres to the mile.

Rolling Sfock. December 31, 1891.— Locomotive engines, »i. Cars— passenger, 4 ; baggage, etc., 2 ; officers'.
1 ; freight (box, 128 : stock, 44 ; platform. 109), 281— total cars, 288.

Income A<-co>tnt for 1S91.— Gross earnirigs. $241.»;32. Operating expenses, $172.215.47: taxes. $»j.421.52 :
interest on bonds. $61,930; on floating debt, $26,196.01 ; rentals. $14.35— total. S266.779.35. Balance deficit.
$25.097.35 : deficit from last year, $314,014.64— total deficit. $336.111.99.

Financial Statement, December 31, 1891.— Capital stock, $»i30,040 ; funded debt. 1st mortgage 4 per cent 30-
year gold ($ or £) bonds, due April 1. 1012. interest April and October (authorized. $8.000.000 or £1.600,000), $1,-
518,000 ; due to Southern Pacific Company. $547,418.61 ; unpaid coupons. $15,527.50— total, $2,710.981.11. '
Cost of road. etc.. $2.374. 8'59. 12 : profit and loss. $336.111. 1-9— total. S2.710.981.il. The bonds are secured by
a first lien on the road and rolling stock, and also on the land in Texas, which the company has been unable to
obtain, the State having withdrawn its lands from location. Interest on bonds guaranteed bv Southern
Pacific Co.

Directors.— 3. Krutschnitt, D. C. Proctor. C. P. Huntington. C. C. Gibbs, W. G. Van Vleck. A. da Costa. M.
D. Monserrate. J. KRCTSCHNITT, Pro#ifir*t, Houston. Tex.~: M. t». Monserrate. Vice-Fr^t'^ff : W.J.Craig,
tr ; C. S. Weils, .^crftarj, Victoria. Tex. PRINCIPAL OFFICE AND ADDRESS. Victoria, Tex. Transfer
Agency, Farmers' Loan and Trust Co.. New York. N. Y.

* These bonds were extended ten years from April 1, 1889, at 5 per cent, per annum, reducing the annual

interest charge $7,470.06.

966 POOR'S MANUAL — SOUTHERN PACIFIC SYSTEM.

TEXAS AND NEW ORLEANS RAILROAD.— Main Line : Houston, Tex., to Orange (Sabine
River), 104.16 miles ; Sabine Division : Sabine Pass to Rockland, Tex., 103.5? -total, 207.73 miles Sidings etc
44.44 miles. Gauge, 4 ft. 8£ in. Rail (steel, 149,35 miles), 50 and (iO Ibs.

History.— Reorganization in 1874 of the old Texas and New Orleans, built in 1861 and dismantled in 1865, re-
constructed road (Houston to Orange) opened August 1, 1876. On July 1. 1881, the main line of this road passed
under the control of its present owners. In conjunction with other lines controlled by the same interest, the
road now form? a part of the Southern Pacific transcontinental route. The Sabine Division (formerly Sabine and
East Texas fly.) was purchased in April, 1883. The company acquired 818,789 acres of State subsidy land with
the purchase of main line, 663,680 with the Sabine Division. Road is operated independently by its own officers.

Rolling Stoc k, December 31, 1891. — Locomotive engines, 30. Cars — passenger, 17- ba'^age mail etc 5:
freight (furniture. 100 ; caboose, 7 ; box, 300 ; stock. 22 ; flat, 1,342), 1,771 ; other, 4— total, 1,797.

Balance, surplus, $437.176.66. Surplus from last 3'ear ($2.430,409.50: less balance of sundry accounts for prior
periods, $110,768.88), $2,319,640.62— total surplus, $2.756,817.28.

Financial Statement, December 31, 1891.— Capital stock (par, $100), $5,000,000; funded debt, $4,279,000;
State school fund (6 per cent.). $422,651.01 ; other liabilities, $618,299.75; profit and loss, $2,756,817.28— total,
$13.071,768.04. Contra: Cost of road and betterments, $11,559,910.10; lands, $800,869.86: bills receivable and
sundry dues, $707,710.95 ; cash, 88,777.13— tn-tal, $13,071,768.04.

77/e fundfd df-bt consists of $1,620,000 1st mortgage 7 per cent. 30-year bonds ($20,000 per mile), due August
1, 1905. interest payable February and August ; $2,075,000 Sabine Division 6 per cent, bonds, due March, 1912,
interest payable March and September ; $584.000 debenture 6 per cent, bonds, due December, 1893, interest pay-
able June and December.

Election of directors second Monday in January every alternate year. Books close for annual meeting 30
days previously. Stocks and bonds listed on the New York Stock Exchange.

Director*. -C. P. Hnntington, I. E. Gates, New York, N. Y. ; J. Krntschnitt, E. W. Cave, C. C. Gibbs, E. P.
Hill, T. W. House, Houston, Tex. C. P. HUNTINGTON, President, New York, N, Y. : J. Krntschnitt, Vice-Presi-

dent; P. J. Huder, Treasurer ; E. M. Underbill, Secretary, Houston, Tex. ; I. E. Gates, A**ix/a>if secretary ami
Anttt. Treft-*., New York. N. Y. PRINCIPAL OFFICE AND ADDRESS, Houston, Tex. Fiscal Agency and Transfer
Office. 23 Broad St., New York City.

TEXAS TRANSPORTATION CO. -See statement on page 604.

Proprietary Lines — (Pacific System).

NORTHERN CALIFORNIA RAILWAY.-Marysville, Cal., to Oroville, Cal., 25.90 miles;
Knight's Landing to Marysville, Cal., 27.70— total, 53.6 miles. Sidings, etc., 6.34 miles. Gauge, 4 ft. 8| in. Rail
(steel, 32.46 miles), 40, 45, and 50 Ibs. HMonj.— Chartered as the California Northern RR. Co., June 29, 1860 ;
road opened February, 1864. (For further history see MANUAL for 1889, page 892.) Leased June 1, 1889, to the
Southern Pacific Co. for 40 years, the lessee to pay all expenses of operation, taxes, interest, and other fixed
charges. Betterments are also to be made by the lessee, except the renewal of the original line with steel, which
i s to be paid for by lessor. The balance after such payments is for account of lessee. In part consideration of
the lease the Southern Pacific Co. received the capital stock of the lessor company.

Rolling Stock, December 31, 1891.— Locomotive engines, 2. Cars— passenger, 2 ; freight (box, 9 ; flat, 39),

48— total cars, 50. Operations, etc. — See statement, page 956. Finan<ial Statement, December 31, 1891.— Capital

s tock (par, $100), $1,280,000 ; funded debt (1st mortgage 40-year 5 per cent, bonds, due June 1, 1929. interest June

nd December), $945,000— total, representing cost of road and equipment, $2,225,000. C. F. CROCKER, President ;

. T. Douiy, Secretary and Treasurer. Marysville, Cal. PRINCIPAL OFFICE AND ADDRESS, Marysville, Cal.

NORTHERN RAILWAY COMPANY (of California).— This company was formed May 4, 1888, by
the consolidation of the Northern Ry. Co. (see MANUAL for 1888, page 947) with the Winters and Ukiah Ry. Co.,
he Woodland, Capay and Clear Lake RR. Co., the WTest Side and Mendocino RR. Co., the Vaca Valley and Clear

Leke RR. Co. (see MANUAL for 1888, page 954), the San Joaquin and Sierra Nevada RR. Co. (see MANUAL for 1888,
page 923), the Sacramento and Placerville RR. Co. (see MANUAL for 1888, page 921), the Shingle Springs and
Placerville RR. Co., the Santa R<*sa and Carquinez RR. Co., the Amador Branch RR. Co. (see MANUAL for 1888,

page 946), and the Berkeley Branch RR. Co. (see MANUAL for 1888, page 947). The road is leased to the Southern
Pacific Co. for 99 years from July 1, 1888, the lessee paying all expenses and charges, and, if earned, an amount
equal to 6 per cent, on stock. Betterments and additions are made by the lessee and charged annually to lessor.

Mileage, December 31, 1891.— Standard gauge : Port Costa to Sui/un, 17.33 miles ; Woodland to Tehama,
100.74 mile's ; Gait to lone, 27.20 miles ; West Oakland to Berryman's, 5.38 miles ; West Oakland to Delaware
Street, 4 15 miles ; West Oakland to near Martinez, 31.03 miles ; Napa Junction to Santa Rosa, 36.70 ; Willows to
Fruto, 17.10 miles ; Sacramento to Placerville, 59.50 miles ; Elmira to Rumsey, 51.05 miles— total, 350.18 miles.
Narrow gauge : Woodbridire to Bracks, 10.80 miles ; Woodbridge to Valley Springs, 29.40 miles. Total length of
ines, 390.38 miles. Second track, 28.28 miles. Sidings, etc., 89.96 miles. Steel rails, 298.48 miles.

Rolling Stock, December 31, 1891.— Locomotive engines. 27. Cars— passenger, 9 ; combination, 1 ; baggage,
mail and express, 10 ; freight (furniture. 6 ; gondola, 100 ; box, 751 ; flat, 547 ; caboose, 2), 1,406 ; other, 2—
otal, 1,428.

ProM and Loss Account, December 31, 1891.— Income : Net profit for year. $773,760; interest earned on
sinking hinds during the year, $10,076.25— total, $783,836.2.'). Expenditures : Sinking fund payments, $50,076.25.
Balance, surplus, $733,760. Surplus from last year, $"2,002.001— total surplus, $2,735.761. Income for sinking
und, $460,025.56.

Financial Statement, December 31, 1891.— Capital stock (par, $100), $12,896,000: funded debt, $9,650,886.43;
sinking fund uninvested, $51,741.57 ; profit and loss, $3,195,786.56— total. $25,794.414.56. Contra: Cost of road
and equipment, $23.936,264.62; betterments and additions, $717,068.31 ; Southern Pacific Co., $1,141,081.63— total,
$25,794,414.56.

Funded debt consisted, December 31, 1891, of $5,156,000 1st mortgage (Northern Ry.) 6 per cent. 30-year bonds,
due January 1, 1907, interest payable January and July; $4.751,000 1st mortgage (Northern Ry.) 50-year 5 per
cent, bonds, due October 1, 1938, interest payable April and October ; and $149,000 1st mortgagee per cent, bonds
(San Joaquin and Sierra Nevada RR.), dated December 1, 1882, due January 1, 1893, interest payable January and
ju]y_total, $9,919.000. Less $268,113.57 1st mortgage 6s in sinking fund— net funded debt, as per genera] balance
sheet, $9,650,886.43. The 1st mortgage 5s were issued for the purpose of retiring divisional mortgages and in pro-
viding for the payment of constructed or contemplated lines.

Annual meeting, Wednesday after second Tuesday in April. Trustees of bonds: Northern Ry. 6s, Eugene
Kelly and Henry B. Laidlaw ; 5s', Union Trust Co.; San Joaquin and Sierra Nevada, Thomas Menzies and Egbert
Judson. Officers: CHARLES F. CROCKER. President; Timothy Hopkins, Vice-President; W. V. Himtington.
Secretary ; N. T. Smith, Treasurer, San Francisco, Cal.

POOR'S MANUAL — SOUTHERN PACIFIC SYSTEM. 967

SOUTHERN PACIFIC RAILROAD COMPANY OF CALIFORNIA.-Zi,^ > of Road :

Coa*t

San Francisco to Tres Pinos .......................................................... 100.50

Carnadero to Santa Margarita ........................................................ 153.10

Pajaro to Santa Cruz ................................................................ 21.20

Castroville Junction to Lake Majella ............................................... 19.52

Aptoe to Monte Vista ................................................................. 7.44

Hillsdale to Almaden ......................... , ....................................... 7.80— 309.56 miles.

Sonthtrn Division :

Alcalde to Yuma, Arizona .......................................................... 551.13

Florence to Santa Ana ................................................................ 27.60

Los Angeles to Santa Monica ............................ ........................... 16.27

Los Angeles to San Pedro ........................................................... 24.24

Thenard to Long Beach ............................................................ 3.80

Studebaker to Whittier ................................................................ 5.90

Miraflores to Tustin .................................................................. 10.80

Martinez to Los Banos .............................................................. 104.61

Berenda to Raymond ............................... ................................ 21 .00

Saugus to Elwood ........................................................... ......... 91 .50

Fresno to Porterville .................................................................. 69.30

Stockton to Milton .......................................................... ........ 30.00

Peters to Oakdale ................................................................... 19.00

Porterville to Poso .................................................. .. 34.96

Oakdale to Merced .................................................................. 40.60

Ontario to Chino .................................................................... 5.70

Avon to San Ramon ................................................................. 19.70

Los Banos to Armona ................................................................. 88.87 — 1,164.98 miles.

Colorado Dirifion :

Mojave to the Needles, leased to Atlantic and Pacific RR. Co. . . . 242.51 miles.

Total road owned January 1, 1891 1,717.05 miles.

Sidings, etc., on lines operated by S. P. Co., 298.48 miles. Gauge, 4 ft. 8i in. Rail (steel, 1,404.12 miles), 50 and
561bs.

History.— The Southern Pacific Railroad Company of California, as at present constituted, was formed May
y the consolidation of the Southern Pacific RR. Co. (for history, see MANUAL for 1888. paze 948), the San
Jose and Almaden RR. Co. 'see paire 950 of MANUAL for 1888), the Pajaro and Santa Cruz RR. Co. i MANUAL for
1888, page 950), the Monterey RR. Co. (MANUAL for 1888, page 950). the Monterey Extension RR. Co.. the Stock-
ton and Copperpolis RR. Co. (MANUAL for 1888. page 947), the San Pablo and Tnlare RR. Co. (MANUAL for 1888,
pa^re 947), the San Pablo and Tulare Extension RR. Co., the San Ramon Valley RR. C"., the Stockton and Tulare
RR. Co., the San Jnaquin Valley and Yosemite RR. Co., the Los Angeles and San Diego RR. Co. (MANUAL for
1888, pase 950), the Los Angeles" and Independence RR. Co. (MANUAL for 1889. page 950), the Southern Pacific
Branch Ry. Co. (MANUAL for 1888, page 1105). the Long Beach, Whittier and Los Angelea County RR. Co.. the
Long Beach RR. Co.. the Southern Pacific Railroad Extension Co.. and the Ramona ami San Bernardino RR. Co.
By the consolidation the company united 1.106.21 miles, aside from the Colorado Division, which, though tech-
nically the property of this company, is leased, and contract for its sale has been delivered to the Atlantic and
Pacific RR. Co. For mileage added during the past year, see page

The capital stock of the Southern Pacific RR.'Co. on December 31. 1887, was 945.994.800. At the time of
consolidation, $7.512.000 new stock was issued in exchange for stock of the absorbed companies : and further
issues have been made at various times for extensions, etc. The total arnonnt outstanding December 31, 1890.
was $61,821,900, as per balance sheet.

The Southern Pacific of California, the Southern Pacific of Arizona, and the Southern Pacific of New Mexico
are included in the " Omnibus lease " to the Southern Pacific Company. For terms of lease, etc., see statement,
for lessor company.

By agreement with the Atlantic and Pacific (35th parallel) RR. Co., the Southern Pacific built during 1882 and
1883 a branch line of 242.51 miles in length, extending from Mojave Junction to a connection with the main line
of the A. & P. Co.. at the crossing of the Great Colorado River, near the Needles. The whole line was operated
through, ria Albuquerque and the Atchison, Topeka and Santa Fe RR.. npon an agreed traffic basis, until Octo-
ber 1. 1S84. when the Colorado division was transfered to the Atlantic and Pacific RR. Co. under a perpetual lease,
at an annual rental of $1.800 per mile per annum, with the option of purchase at $30.000 per mile.

Boiling Stock. December 31, 1891.— Locomotive engines, 231. Cars— passenger, 178 : dining, 1 ; sleepers, 50 ;
combination. 8 : tourist. 13 : baega^e, mail, and express, 55 ; parlor, 1 ; officers', 1 ; pay, 1 ; freight (fruit &56 •
furniture. 48 : gondola, 253 ; caboose, 87 ; box, 3,632 ; flat. 815), 5,191 : other cars. 65— total cars. 5.564.

ProJU ai,'l L<->#s Account for year ending December 31, 1891.— Net profit under lease, $1 .064,496 06 ; net in-
come from land department. $316.963.74 : interest on investments in sinking fund. $2^.757.50 ; miscellaneous,
i— total income. $1.410. 357.30. Payment* : Corporation expenses — land department, legal, general and taxes
$48,201.62 : sinking fund. $445.721.24— total. $493,922.86. Balance surplus, $916,434.44. Smrphfs. January 1, 1891,
$1- 251. .504.59— total surplus. $2,167,939.03.

General Balance Sheet, December 31, 1891.

Deferred Land Payments

2,879,415 65

Bonded debt

46 325 335 °0

Bills Receivable

500 00

Current Accounts

1 882 64

Due Land Trustee*

Cash in Hands of Treasurer

98.292 60

Sinkirg Fund Uninvested

8Q4 R5

Rolling Stock Suspense

237,262 21

Sundrv Accounts

50 ~4~ (<i

Bonds in Treasury

878,000 00

Profit and Lo*s

13 545 019 48

Total Assets $126,7.58.712 76 | Total Liabilities $126.75S.712 7rt

Annual meeting, first Wednesday after second Tuesday in April. Interest on bonds payable at New York
and San Francisco. Voting i^>wer attaches to stock after ten days' ownership. Trustees of bonds D O Mills
and Gerritt L. Lansing. Registrar of stock. Fourth National Bank. New York, N. Y. The first mort^a^e bonds
classes A to F. are listed on the New York Stock Exchange.

968

POOR S MANUAL — SOUTHERN PACIFIC SYSTEM.

Statement of funded debt, December 31, 1891 :

or BONDS.

1st Mortgage, A, gold

1st Mortgage, B. gold

1st Mortgage, C.' gold

1st Mortgage, D, gold

1st Mortgage, E, gold

1st Mortgage. F, gold

1st Mortgage 50-year 5 per cent

1st Mortgage Southern Pacific Br. Ry.
1st Mtge. Stockton & Coppero'lis RR.

Total..

Date.

Interest.

April 1, 1875 6 p. c.
Oct. 1, 1875 6 p. c.
Oct. 1, 1876 6 p. c.
Oct. 1, 1876;6 p. c.
April 1.1882J6 p. c.
April 1, 1882|6 p. c.
Oct. 1, 188815 p. c.
April 1. 1887 6. p. c.
Jan. 1, 18755 p. c.

April 1 &
April 1 &
April
April
April
April
April
April 1
Jan. 1

Due.

Issued.

Oct. 1 April 1, 1905i
Oct. 1 Oct. 1, 1905:
Oct. 1 Oct. 1, 1906;
Oct. llOct. 1, 1906:
Oct. li April 1, 1912
Oct. 1 1 April 1, 1912
Oct. 1 Oct. 1, 1938
Oct. 1 ' April 1, 1937
July 1 Jan. 1, 1905

Outstand'g.

815,000,000
5,000,000
5,000,000i
5.000,000
5,000,0001
4,285,000'
11,375,000'
3,578,000!
500,000

$13,452,000

4,749,000

4,256,000

4,170,000

3,294,000

2,001,000

11,375,000

3,578,000

.500,000

$58,858,000 $47,375,000

Funded debt outstanding, as per above statement, $47,375,000. Deduct amount in sinkin" and land trust
funds, $1,049,664.80— net funded debt, $46,325,335.20.

There is a sinking fund of $100,000 per annum for retirement of the 1st mortgage 6 per cent 30-year bonds of
the Southern Pacific RR. Co., Classes A to F. The Gross receipts from sale of lands are also pledged to the re-

demption of the bonds. A sinking fund of §20,000 per annum for retirement of 1st 5s of 1938 commences in 1898,
and one of §50,000 per annum for redemption of Southern Pacific Branch bonds commences in 1897

The new consolidated mortgage 5 per cent, bonds of 1938 are limited in issue to $38,000,000. or on newly
built road to $22,500 per mile for single track and $7,500 additional for double tracking, additional equipment
and other betterments and additions. During 1889 the outstanding bonds of the Pajara and Santa Cruz, the
Monterey, the San Pablo and Tulare, and the Los Angeles and San Diego Railroads were retired and cancelled,
and new consols issued in place of them. Provision is also made in the mortgage for the ultimate exchange of
consols for the Southern Pacific Branch bonds. The consols are a lien, subject to prior mortgages, on all prop-
erty now owned or which may hereafter be acquired, excepting the Colorado Division. Trustee, Central Trust
Company, New York.

In addition to the miles operated by the S. P. Co.. 1,474.54 miles, the bonds issued cover the line from Mojave
to the Needles, 242.51 miles, leased to the Atlantic and Pacific. RR. Co., making 1,717.05 miles of road on which
the company's bonds are a lien : rate, $27,595 per mile.

These bonds are also a lien upon the lands granted by the United States. As the recent issues have been in
5 per cent, bonds, while those redeemed have been 6 per cents., the interest charge per mile of road has been
reduced in a greater proportion than the reduction in the bonds outstanding. Annual interest charge, $2.723,750;
rate per mile, $1,586.34.

Land Sales, 1891, acres (net) 46.255.16— averaging . . . . $4.43

Cash receipts from lands, 1891 $496,198 75

Total sales cash notes, to date ' 10,195,940 45

Amount of bonds redeemed from sales 6.951,000 00

Purchased for sinking fund during year '.'.'.' ...... ..'...'.'.'.... ... 461,'500 00

During the past year the capital stock was increased $3,313,400 to provide means for paying construction and
betterments to the property aggregating 35,444.487.41. Five per cent, bonds were issued during the year for
account of new road amounting to $3,514,000, of which $878,000 are held in the company's treasury available for
betterments. Six per cent, bonds were redeemed and canceled with the proceeds of land sales to the amount of
$461,500, making the net increase of the bonded debt during the year, $3,052,500.

Board of Directors Southern Pacific BR. Co.

A. N. Towne. . . .San Francisco, Cal. Charles Mayne. .San Francisco, Cal. 1 J. L. Willcutt S. Francisco, Cal.

Chas F. Crocker. " N. T. Smith " | W. V. Huntington "

C. P. Huntington New York, N. Y.

CHARLES F. CROCKER, President, San Francisco, Cal. ; W. V. Huntington, Vice-President, San Francisco,
Cal. ; C. P. Huntington, Agent and Attorney* ^ew York, N. Y. ; J. L. Willcutt, Secretary, San Francisco, Cal. ;
N. T. Smith, Treasurer, San Francisco, Cal. PRINCIPAL OFFICE AND ADDRKSS, corner 4th and Townsend Sts.,
San Francisco, Cal. New York Agency, No. 23 Broad St.

SOUTHERN PACIFIC RAILROAD OF ARIZONA. -Yuma, Arizona, to boundary line of
New Mexico, 388.10 miles. Sidings, 30.75 miles. Gauge, 4 ft. 8£ in. Rail (steel, 388.10 miles), 50 Ibs. Chartered
under laws of Territory of Arizona, October 8, 1878. Road opened to Casa Grande May 19, 1879 ; to New Mexico
line September 15, 1880. Rolling Stock, December 31, 1891.— Locomotive engines, 77. Cars— passenger, 38 ;
Pullman sleepers, 6 : baggage, etc., 12 ; freight (box, 861 : flat, 338 ; fruit, 35 ; furniture, 22 ; gondola, 5 : caboose,
19), 1,280 : other, 87— total, 1,373.

Profit and Loss Account, year ending December 31, 1891.— Net profit under lease, $241,930.93. Corporation
expenses, $19.50. Balance surplus for year, $241,911.43. Surplus from last year, $746,271.50— total surplus,
$988,182.93.

Financial Statement, December 31, 1891.— Capital stock (par, $100), $19,995,000 ; funded debt, $10,000,000 ;
due Southern Pacific Company, $63,863.95 ; profit and loss, $988.182.93— total, representing cost of road, equip-
ment, etc., $31,047,046.83. Funded debt consists of 1st mortgage 6 per cent. 30-year bonds, two series— A, dated
March 1, 1879, $6.000,000 ; B, dated March 1, 1880, $4,000,000. Annual meeting, 8th day of October. The bonds
are listed on the New York Stock Exchange. CHARLES F. CROCKER, President ; Timothy Hopkins, Vice-Presi-
dent ; F. S. Douty, Secretary and Treasurer, San Francisco, Cal.

SOUTHERN PACIFIC RAILROAD OF NEW MEXICO.— Arizona line to El Paso. Tex.
(including Rio Grande Bridge and 3.61 miles to El Paso, leased), 171.06 miles. Sidings, $17.39 miles. Rail (steel,
171.06 miles), 50 Ibs. Chartered under laws of Territory of New Mexico, April 14, 1879. Road opened October 18,
1880. Completed to El Paso April, 1881. The line forms the continuation of the Southern Pacific RR. of Arizona
through the Territory of New Mexico, and is a part of the Southern Pacific RR. Co. of California, a separate or-
ganization being maintained in accordance with the laws of the Territory. Rolling Stock, December 31, 1891.—

Locomotive engines, 49. Cars— passenger, 10; tourist, 7; baggage, mail, and express, 10; freight (fruit, 5:
caboose, 11 ; box, 303 ; flat, 225 ; gondola, 125), 685 ; other, 20— total cars, 732. Profit and Low Account year
ending December 31, 1891.— Net profit from lease, $145,158.54. Interest earned on sinking fund. §9.675— total
income, $154,833.54. Expenditures : Sinking fund, $50,000 ; interest earned on investment of funds, $9,675 ;
corporation expenses, $15— total, $59,690. Balance surplus, $915,143.54. Surplus from last year, $142,311.99—
total surplus, $237.455.53. Financial Statement, December 31. 1891.— Capital stock (par, $100), $6,888,800 ; funded
debt, 1st mortgage 6 per cent, gold bonds, dated November 17, 1880, due January 1, 1911, interest January and

POOR'S MANUAL — SOUTHERN PACIFIC SYSTEM. 969

July ($5,000,000 authorized), $4,180,000 ; sinking fund uninvested, $60.633.33 : profit and loss. $2:37,455.53 : income
used for sinking fund. *26S.633.33— total, $11,035.522.19. Contra: Cost of road, equipment, etc., $11.177.250.66 ;
due by Southern Pacific Company, $189,638.20 : sinking fund, $268,633.33— total, $11,635,522.19. CHARLES F.
CROCKER, President ; Timothy Hopkins, Vice- President ; F. S. Douty, Secretary and Treasurer, San Fran-
cisco. Cal.

SOUTH PACIFIC COAST RAILWAY COMPANY.— Line of Road : San Francisco, Cal.. to
Santa Cruz. Cal., 80.60 miles : Oakland Branch: Alameda Junction to 14th Street, Oakland, Cal.. 1.80 miles ;

- rille Branch : Newark to Centreville, Cal., 3 miles : Almaden Branch : Campbells to New Almaden, Cal.,
9.60 miles : Boulder Creek Branch: Felton to Boulder Creek, Cal.. 7.30 miles ; Old Felton Branch : Junction
South Big Trees to Old Felton. Cal.. 1.70 miles— total, 23.40 miles. Total length of all lines operated, December
31, 1881, 104 miles. Second track. 8.96 ; sidings, 34.93 miles. Gauge, 3 ft. Rail (steel, 55.92 miles), 50 and 56 Ibs.

History.— Consolidation May 23. !Ss7, of the South Pacific Coast, the Santa Cruz and Felton, the Bay and
Coast, the Oakland Township, the San Francisco and Colorado River, the Fellon and Pescadero and the Almaden
Branch RR. Co. (See MANUAL for 1888. page 951.) The road is leased to the Southern Pacific Co. from July 1,
ls^7. The lessee pays all expenses and charges, including cost of betterments and additions, and receives all the
income from the property. (See statement for Southern Pacific Company.)

Rolling Sfock. December 31. 1891.— Locomotive engines, 22. Cars— passenger, 71 : parlor, 2 : baggage, mail,
and express. 6 ; freight (box. 168 : platform, 431 : caboose, 5), 604 ; other. 4— total cars, 687. Also. 4 ferry steamers.

Financial Statement. December 31. 1891.— Capital stock (par, $100), $6,000,000 ; funded debt (1st mortgage 4
per cent. 50-year $1,000 gold coupon bonds, due July 1, 1937, interest January and July), $5,500,000— total, $11,-
500,000, representing cost of road and equipment.

Annual meeting, first Wednesday after second Tuesday in April. Interest payable in New York. N. Y., and
San Francisco, Cal. Trustee of bonds. Farmers' Loan and Trust Co., New York. N. Y.

Directors (elected April, 1891).— Leland Stanford. C. F. Crocker. Timothy Hopkins, W. V. Huntington. N. T.
Smith, San Francisco, Cal. ; C. P. Huntington, W. E. Brown, New York. N. Y. LELAND STANFORD, President ;
r. F. Crocker, Vice-President; Timothy Hopkins, Treasurer ; W. V. Hnntington, Secretary, San Francisco, Cal.
PRINCIPAL OFFICE AND ADDRESS, San Francisco, Cal.

OTHEK LINES LEASED BY THE SOUTHERN PACIFIC COMPANY.

CALIFORNIA PACIFIC RAILROAD.-.Vam Line: Vallejo, Cal., to Sacramento, Cal., 60.39

miles. Branches : Napa Junction, Cal., to Calistoga. Cal.. 34.48; Davis, Cal., to Knight's Landing, Cal., 18.57 :
Vallejo Junction to Vallejo Ferry. 2— total. 115.44 miles. Sidings, etc., 28 miles. Gauge, 4 ft. 8± in. Rail (steel.
108.72 miles), 50 and 60 Ibs. Consolidation'. December 23, 1869. of the California Pacific and the California Pacific
Extension RR. Cos.: the former a consolidation. January 6, 1865, of the San Francisco and Marysville RR. Co.,
incorporated October 26, 1857, and the Sacramento and San Francisco RR. Co., incorporated December 2, 1864.
The Extension Co. was incorporated April 5, 1869. Leased from July 1, 1876, to the Central Pacific RR. Co.. at a
fixed rental of $550,000 gold per annum, and. iu addition, three-fourths of the net earnings in excess of that amount.
Lease cancelled November 1, 1886, and a new lease made to the Southern Pacific Company for 50 years at a yearly
rental of $600,000. Rental for 1891, $600.000. Paid interest on funded debt, $322.215 ; on judgment lien, $5.250 ;
miscellaneous expenses. $1,354.80 : extending 2d mortgage bonds to 1911, $ 100, 420. 35— total, $429.240.15. Balance,
surplus, $170,759.85 : surplus from last year, $686,465.98— total surplus, $1,057.225.77.

Rolling Stock. December 31. 1891. — Locomotive engines, 11. Cars — passenger, 13 : baggage, mail, etc., 5 ;
freight (box, 29 ; platform, 105), 134 ; caboose, 1 ; other, 4— total cars, 157.

General Ba!'i,,..-e >'<-/. December 31, 1891.

Construction and Equipment $19,536,644 03 I Capital Stock (par, $100) $12,000,000 00

Suspense Account 117,193 90 | Funded Debt 6,825,500 00

Accounts Due 450,487 01

Debenture Bonds, not presented 1.000 00

Judgment Lien 50,000 00

Other Liabilities— Coupons and Interest.. 170.599 IT

Profit and Loss 1,057.225 77

Total Assets ......................... $20,104,324 94 1 Total Liabilities .................... $20,104,324 94

The funded debt consisted, December 31, 1891, of the following :

1st mortgage extended 4£ per cent, coupon $1,000 bonds, due January 1, 1912. . .Issuc-d $2.250,000— Out. $2,232.000
2d mortgage 4^ per cent. "20-year coupon $1,000 bonds, due January 1. 1911 . . . .Issued 1^600,000— Out. l,59oiOOO

3d mortgage (A) 6 per cent. 30-year coupon $500 bonds, due July 1, 1905 ......... Issued 2.000,000— Out. 1,998.500

3d mortgage (B) 3 per cent. 30-year coupon $500 bonds, due July 1, 1905 ........ Issued 1,000,000— Out. 1,000.000

The 1st mortgage bonds were extended from 1887 to 1912, and the interest thereon reduced from 6 to 4f per
cent. The 2d mortgage bonds were extended from 1891 to 1911, and the interest reduced thereon to 4^ per cent.;
$5.000 were redeemed and cancelled. The 3d mortgage (A'» bonds were issued in exchange for Extension bonds.
Interest on bonds payable January and July in New York and San Francisco. Annual meeting, Wednesday after
second Tuesday in April. Trustees : 1st and 2d mortgages, J. O'B. Gunn and C. E. Green ; 3d mortgage, S. T.
Gage and James T. Severance.

THr-ctorti: R. P. Hammond, Geo. Crocker, J. L. Willcutt, Timothy Hopkins, Charles F. Crocker, W. V. Hunt-
ington, N. T. Smith, San Francisco. Cal. R. p. HAMMOND, President ; N. T. Smith, Vi^e- President ; Timothy
Hopkins. Treasurer ; W. V. Huntington. Secretary. San Francisco, Cal.

CENTRAL PACIFIC RAILROAD COMPANY.-.J/ain Line of Road: San Francisco, Cal , to
Ogden, L tan, 883.23 miles ; Oregon Division: Roseville, Cal.. to Oregon State Line. 296.50 miles ; Vi#a/ia D'n'i-
sion : Lathrop. Cal., to Goshen. Cal.. 146.08 miles : >./// J,,*: Division • Niles, Cal.. to San Jose, Cal., 17.54 miles ;
San Francisco, Oakland and Alameda local lines (7.72 miles. 2d track*. 16.98 miles— total length of all lines.
December 31, 1891, 1.360.28 miles. 2d track, 8.97 : sidings, etc.. 314.58 miles. Gauge, 4 ft. 8* in. Rail (steel. 1.-
353.93 miles), 50 to 60 Ibs. Included in the main line, as above, are 5 miles of Union ^Pacific Ry.. and 5. 04 miles
Northern Ry., from Brighton to Sacramento.

Hi "tor y.— Consolidation, August 22, 1870. of the Central Pacific, the California and Oregon, the San Fran-
cisco, Oakland and Alameda. and the San Joaqnin Valley RR. Cos. (See MANUAL for 1888. page 937.) The com-
pany's lines are leased to the Southern Pacific Company for 99 years from April 1, 1885. Lease modified January
1. IS*"*. The lessee receives the earnings from the property operated, and pays therefrom all expenses of the
lessor, including land department expenses, cost of betterments, interest on bonded and floating debt, excepting
its debt to the United States, sinking fund requirements, and requirements under Pacific Railroads Acts

, ,

and 1864. and under the Thnrman Act of 1878. The net profit remaining after those payments is payable to lessor
up to a maximum sum of $4,080,000, and the lessee guarantees a minimum annual payment of such net profit of
$1 .360.000.

Rolling Stock. December 31. 1891.— Locomotive engines. 221. Cars— passenger, 189: emigrant, 29 ; Pullman
sleepers, 18 : tourist, 43 ; dining. 3 ; baggage, mail, and express. 76; officers', 6; pay. 1; freight (fruit, 151; caboose,
103 ; gondola, S9 ; box, 2,448 ; flat, 1,684), 4,425 ; other. IS-.'— total cars, 4,943.

970

POORS MANUAL — SOUTHERN PACIFIC SYSTEM.

Comparative Statement of General Income Account for two years ending December 31, 1891 and 1890.

RECEIPTS.

1891 1890

Rental from Southern Pacific Company, under lease $2,144,425 18 $1,360,000 00

Sinking funds of the Company, for cash paid by Southern Pacific Company, and

earnings on investments 649,054 06 660,542 83

United States requirement, paid by Southern Pacific Company 613.516 27 523,1)50 67

Land sales, for cash and on time 352,771 28 251,341 71

Interest on C. P. RR. notes held by Trustees of Land Grant mortgage, paid by

Southern Pacific Company : ". 100,106 95

Miscellaneous receipts 8,400 00 6,000 00

Total $3,868,273 74 $2,801,835 21

EXPENDITURES.
Sinking fund receipts, United States requirement, land sales, and interest as above,

applicable when used for the payment of debt, and not available for dividends. $1,715,448 56 $1,435,835 21

Balance surplus for the year $2,152,825 18 $1,366,000 00

Dividends. February 1 and August 1, at 2 per cent, per annum 1 ,345,510 00 1,345,510 00

Balance for the year $807,315 18 $20,490 00

Payments for prior periods, etc 334,754 51 23S,958 21

Balance surplus $472,560 67

Balance deficit $218,46821

Profit and loss balance, January 1, 1891 2,935,297 67 3,153,765 88

Balance surplus December 31, 1891 $3,407,858 34 $2,935,297 67

The accumulations of the several income accounts of the company to December 31, 1891, and the applications

thereof were as follows :

Surplus general income account $3,407,858 34

Income for redemption of land bonds :

Land bonds redeemed $6,450,000 00

Land grant fund 2,3(56,562 97

Land contracts 1,187,802 35— 10,004, 365 32

Income for sinking funds of the Company :

Used in the redemption of bonds $6,576,820 81

Remaining in sinking funds 8,979,39186— 15,556,21267

Income for United States debt :

Payments on United States bonds, and interest $8,321,143 68

Sinking fund in United States Treasury 4,188,591 26— 12,509,734 94

Total accumulated balance of income accounts to December 31 $41,478,171 27

Income for sinAi tiff funds of the company for the year 1891, compared with 1890:

1891. 1890.
Receipts for the year as per report of the Sinking Fund Committee :

From the annual requirements of mortgages, paid by the Southern Pacific Coin

pany $275,00000 $275,00000

From interest earned on investments 374,054 06 383,141 56

From profit on bonds sold 6,650 00

$649,054 06 $664,791 56
Less surplus of funds in excess of bonds outstanding, returned to general income

account :
Sinking Fund No. 8, for San Francisco, Oakland and Alameda bonds $4,248 73

$660,542 83
Balance of Account— January 1 $14,907,158 61 14,246,615 78

Balance of Account— December 31 $15,556,212 67 $14,907,158 61

Application of Balance— Paid from sinking funds for redemption of bonds :

Sinking Fund No. 1— Convertible mortgage bonds $1.283,120 81

Sinking Fund No. 2— California State Aid bonds 1,285,000 00

Sinking Fund No. 6— Oregon Division bonds 18,000 00

Sinking Fund No. 7— Income bonds 3,285,000 00

Sinking Fund No. 8— San Francisco, Oakland and Alameda bonds 705,700 00

$6,576,820 81
Amount Remaining in Sinking Funds on December 31, 1891 8,979,391 8(5

$15,556,212 67

Miscellaneous Investments, December 31, 1891.

COST.

16,800 shares stock, Newport News and Mississippi Valley Company I ftfi1 1 ,,2o ~q

826T4ff2En> shares first preferred stock, Chesapeake and Ohio Railway Company |"

34,495 shares stock, Coos Bay, Oregon, Coal Company 136,871 30

400 acres land in Coos County, Oregon 19,813 88

Fractional United States 6 per cent, bond 120 00

1,600 shares stock, Sacramento Transportation Company 80,000 00

233 shares stock, Coif ax and Forest Hill Commercial Company 4,000 00

7,245 shares stock, Central Pacific Railroad Company 724,500 00

$1,576,928 97

POORS MANUAL — SOUTHERN PACIFIC SYSTEM.

971

Earnings and Operating Expenses Annually, 1880-1891.

YEAR.

Average
Miles of
Road.

Earnings.

Operating
Expenses.

Busings

over
Operating
Expenses.

Per Cent,
of
Operating
Expenses
to
Earnings.

PKK MILE OF ROAD.

n.

Operating
Ex-
penses.

is*;

Miles. $
1.21*. 9* 13.119.56036
1.21*.
1.218.9* 13.736.1*232
1.218.98 13,175,75789
1,232.4311.85*3.82262

I,269!76jll!599l486 75

1.348. 03' 13.604.6*2 30
1,360. K
1.3*50.28 15.530.21515
> 15.937.004 50
1,3-;0.28 16.629.10436

5.53i U75 3*
- 861 TO
6.146.275 *•;
5.972.1*941
5,950,38*5 18
4,671.16745
5,644.874 S3
7.271.923 93
9.632.067 81
9,764,271 80
9.875,018 24
9.211,74946

|

7.589.0*49* 42.15
7,986.46380 42. -9
7.5*9,90646 44.75
7,203,56*42 45.33
5.906,43644 50.19
5..S75.641 .*.-> 44.29
5.954.D11 92 48.66
6.3:32.75*37 53.45
6.206.764 83 60.81
5. ;t;5. 943 35 62.87
6,061.98*526 61.96
7.417. 354 90 55.39

$
1U47256

10,80884

9,620 69
'8,38326
9,135 18
10,09257
ll.*54124
11.41692
11.715 97
12,224 76

S

4.536 97

4.920 SO
5.i 42 14

3.71093
4.44562
5.394 48
r,07988

7.178 13

7.259 55
6.771 95

1888

1889

1*9)

1891

General Balance Sheet, December 31, 1891.

Construction and Equipment.— Amounts

standing on the book? of the Co. for the

construction of railroad and telegraph

lines, side tracks, bridges, buildings.

shops, machinery, tools, telegraph in-
struments, furniture, right of way. real

estate, wharves, piers. ?no\v sheus. and

galleries, transfer and ferry steamers,

river steamers, barges, locomotives.

cars, snow plows, etc". $168.96:-;.

Miscellaneous Investments 1.576.928 97

Laud Contracts. —Deferred payments on

time sales 1,187.802 35

Cash Assets over Floating Debt 2,894.103 35

Capita! Stock $68.000,000 00

Funded Debt §61.144,000.00

Less amounts held in Sink-
ing Funds of the Co.. and
Land Trust Funds $11.345.9.54 83

United States Bonds $27,855,680 00

Less pavments made in full
to date for the U. S. Re-
quirements, under Acts
of 1862, J864, and the
Thurman Act ... . 12.509,734 94

General Income Account. . §3.407,858 34

Income used for Redemp-
tion of Land Bonds 10,004.365 32

Income used for Sinking
Funds of the Co 15.556.212 ti7

Income used for U. S. Re-
quirements 12.509,734 94

49,798,045

15.345.945 06

Total Assets.

$174.622,161 50 Total Liabilities. .

Statement of Funded Debt, December 31, 1891.

41,478.171 27
.$174,622,161 50

CHARACTER OF BONDS.

! Date of
Issue.

INTEREST.
Whpn

Due.

Amount
Authorized.

Amount
Out-
standing
Dec.31.1891.

p.c.

! Payable.

Central Pacific. First Mortgage
Central Pacific. First Mortgage
Central Pacific. First Mortgage

. A July
.B July
C July

. 1S65 6
,1866 6
. 18*56 6
. 1866 6
, 1867 6
, 186S 6
, 1868 6
,1868 6
,1868 6
. 1*65 r,
I, 1869 6
1, 1869 6
I, 1868: 5
I, 1872 6
1, 1S70 6
, 1870 5
I, 1886 6
1,1889 5

Jan. and July July ]
Jan. and July July
'Jan. and July July
j Jan. and July July
j Jan. and July Jan.
|Jan. and July Jan.
Jan. and July Jan.
, Jan. and July Jan.
| Jan. and July Jan.
; June and Dec. Dec.
Jan. and July July
Jan. and July July
Jan. and July Jan.
Jan. and Julv Jan.
April and Oct. Oct.
April and Oct. iOct.
April and Oct. Oct.
April and Oct. April

1895

1896
1896
1896
1897
1898
1898
1898
189*
1895
1899
1899
1918
1*92
1900
1900
193*5
.1939

3,000,000
1,000.000
1,000,000
1,390,000
4,000.00,1
4,000,COO
4.030.1 0 )
4,000,000
3,525,000

2,995,000
1.000,000
1,000,000
1,383,000
3.997.000
3,999,000
3,999,000
3.999,000
3,511,000
* 111,000
1, £59,000
765,000
5,982,000
t 5,858.000
6,080,000
$ 3,550,000
56,000
11,000,000

Central Pacific, First Mortgage
Central Pacific, First Mortgage

.D July
E Jan.

Central Pacific, First Mortgage
Central Pacific, First Mortgage

.F Jan.
G Jan.

Central Pacific, First Mortgage

.H Jan.
.1 Jan.
. Dec. n
.A| July

.B July
.A Jan.
.B Jan.
Oct.
Oct.

Central Pacific, First Mortgage
West. Pac., First Mortgage, Old Issue..
West. Pac., First Mortgage, Old Issue
West. Pac.. First Mortgage. Old Issue. .
California & Oregon, 1st Mtge., extended
C. P. RR. (Cal. & Ore. Div.), 1st mtge..
San Joaquin Valley RR

1.970.000
765,000
6,000,000

6.080,000
10.000,000
16,000,000
16.000,000

Land Grant bonds." 1st Mort^a^e

Fifty-year Bonds of 19:36
Fifty-year Bonds of 1939

. Oct.
April

Totals...

61,144,000

* $111,000 of Western Pacific Bonds, Series A, are held to take up or exchange for those of the old issue
outstanding.

t Of the California and Oregon Division. Series B bonds, here shown, $1,500,000 were paid off on January
1, 1892, from the sinking fund ; the balance have been extended to January 1. 1918. at 5 per cent, interest.

$ $708,000 of these bonds were redeemed and cancelled during .he year.

972

POORS MANUAL — SOUTHERN PACIFIC SYSTEM.

Land Subsidy. — Every alternate section of public land designated by odd numbers, to the amount of 10
alternate sections per mile on each side of said road on the line thereof, and within the limit of 20 miles on each
side of said railroad, not sold, reserved, or otherwise disposed of by the United States, and to which a pre-emp-
tion or homestead claim may not have attached.

Land Grant. — The total amount of lands granted to the Central and California and Oregon Cos.. 20 sections
to the mile, is estimated at 12.000.000 acres. These lands are covered by the land trust mortgages. The sales dur-
ing the year 1891 equalled 71,813.96 acres for $290,103.39. Total sales to close of 1891,2,062,175 acres.

Statement of dividends paid :

DATE.

Rate.

Amount.

DATK.

Rate.

Amount.

1873 No 1

3 p. c.
5 p. c.
4P.c.
fa p. c.
4 p. C.
4 p. c.
4 p. c.
4 p. C.
3 p. c.
3 p. c.
3 p. c.
3 p. c.
3 p. c.

$1,628,265 00
2.713,775 00:
2,171.020 00
3,256,580 00
2.171,020 00
2,171,020 00
2,171,020 00
2,171,020 00
1,628,265 00
1,778,265 00
1,778,265 00:
1,778,265 00
1,778,265 00

1882, No. 14, August
1883, No. 15, February
18S3, Xo. 16, August
1884, No. 17, February.

3 p. c.
3 p. c.
3 p. c.
3 p. c.
p. c.
p. c.
p. c.
p. c.
Ip. c.
Ip. c.
1 p. c.
1 p. c.

$1,778,265 00
1,778,265 00
1,778.265 00
1,778,265 00
672,755 00
672,755 00
672,755 00
672,755 00
672,755 00
672.755 00
672,755 00
672,755 00

1874, No. 2 ....

1875, No. 3. April
1875, No. 4, October

1876, No. 5, April

1888, No. 18, February
1888, No. 19, August

1876, No. 6, October
1S77. No. 7. April
1877, No. 8, October

1889, No. 20, February
1889. No. 21, August
18UO, No. 22, February
1890. No. 23. August
1891, No. 24, February

1880, No. 9, February
1880, No. 10, Auirusf
1881, No. 11, February
1882, No. 12. August....-
1882, No. 13, February

1891, No. 25, August

Statement of Floating Debt, December 31. 1886-1891.

LIABILITIES.

1886

1887

1888

1889

1890

1891

1891

Increase.

Decrease .

Bills Payable

2,500

2,500

S

S

v>

$

$

$

Bills Pay. Trust's Land Q't

Mtge (a)

255^069
8,030
73,861

2,500,000
254,736
7,610
71,417

2,000.000
249,844
6,710
66,544

500.000
4,892
900
4,873

Accounts Payable
Unclaimed Coupons .... ..

28,275
13,670
9,263

822,035

255,272

9,050
7,400

253,292
9,200

62,049

Unclaimed Dividends
S. P. Co.-Am'ts due S. P.
Co., less Net Rental for
the year

Sinking Funds Uninvested.
Sink. Funds Uninvested to
credit of Land Trustees. .

Totals .

986,995
1,413,361

544
1.572,890

433,739
1,928,462

612,881
2,441,924

(d) 1,134,024

242,447
4,210,235

257,621

l',988,62i
45,165

1,068,161

(e) 2,149,078

365,741

1,015,054
123,294

3,276,100
951,247

1,848,258
79,320

2,686,743

235,431

189,77i
45,165

1,068,161
1,500,000

1.363,855

3,391,766

4,335

107,678
45,165

1,068,161
1,500,000

2,376,116

4,837,918

47,981

1,500,000
1,290,310
45,165

1,068,161

627,683
1,500,000

ASSETS.
Cash on Hand

209,640
692,711

Cash on Deposit to redeem
Cal.&Ore.D.Bds."Ser.B."
Accounts Receivable
Bills Receivable
U.S.Gov. — Am. due this Co.
for Trans, on Non-aided &
Leae.R'ds overall Req'nts
Collateral Land Trust (c). . .
S.P.Co.— Am. due from S.P.
Co. , Incl. Ren. for the year

Totals .

216,319
45,165

756,992

229.301
45,165

1,068,161
1,500,000

716,503

3,365,037

3,780,403

415,366

1,969,725

3,638,453

4,402,385

5,101,457

6,719,006

7,732,021

1,013,014

Net Floating Debt

1,306,375

Net Surplus Cash Assets
over Floating Debt

1,790,194

1,715,641

1,799,691

2,508,771

2,894,103

385,332

(a) Five notes of $500,000 each, maturing one annually, commencing October 1, 1891, interest at four per
cent. Proceeds pledged for redemption of bonds.

(c) Bonds returned to company's treasury following agreement for extension of land bonds.

(d) Invested since close of the year.

(e) Includes $1,500,000 in cash to redeem California and Oregon Division bonds, series B, due January 1, 1892.

COMPANY SINKING FUNDS.

The company has established sinking funds for the redemption of its funded debt, as follows :

Central Pacific 1st Mortgage (Series A, B, C, D) Sinking Fund commencing 1870, $50,000 per annum.

Central Pacific 1st Mortgage (Series E, F, G, H, 1) Sinking Fund commencing 1872, 50,000 per annum.

Western Pacific 1st Mortgage (Series A, B) commencing 1876, 25.000 per annum.

California and Oregon (Series A, B) commencing 1876, 100,000 per annum.

San Joaquin Branch commencing 1880, 50,000 per annum.

Balance in funds, December 31. 1891, $11,345,954.83.

The land grant mortgage bonds are redeemable from the proceeds of the sale of the company's land.

POOR'S MANUAL — SOUTHERN PACIFIC SYSTEM. 973

GOVERNMENT SINKING FUITD.

The Government of the United States, by Act of Congress approved July 1. 1862, and other Acts amendatory
thereof, granted to the Central Pacific and other railroad companies subsidies of bonds and lands to aid in the
construction of a railroad and a telegraph line from the Missouri River to the Pacific Ocean, and to secure to the
Government the use of the same for postal, military, and other purposes. By the Act of July 2, J864. the lien of
these bonds was made subordinate to the lien of the company'? first mortgage bonds. The total amount issued
to the Central Pacific Railroad Company was S25.SS5.120 : to the Western Pacific Railroad Company, $1.970.560—
total to consolidated company, $27.855.680, the annual interest of which is $1.071.340.80.

By the Act of 1864. the Government was entitled to withhold one-half the charges for transportation on its
account, and to receive from the company 5 per cent, of its net earnings, to be applied to the retirement of the
principal and interest of the subsidy bonds. By an Act passed May 8, 1878, commonly known as the " Thurman
Bill," it was provided that—

" There shall be carried to the credit of the said sinking fund, on the first day of February in each year, the
one-half of the compensation for services hereinbefore named rendered for the Government by said Central Pacific
Railroad Company, not applied in liquidation of interest : and in addition thereto the said company shall, on said
day in each year, pay into the treasury- to the credit of said sinking fund. $1, 200, 000, or as much thereof as shall
make the 5 per centum of the net earnings of its road payable to the United States under said Act of 18*2. and the
whole sum earned by it a? a compensation for services rendered for the United States, together with the sum by
this section required" to be paid, amount in aggregate to 25 per centum of the whole net earning* of said railroad
company, ascertained and defined as hereinbefore provided for the year ending December 31 next preceding.'"

The requirements for the year under the Thurman Act amounts to $613.516.27 ; applicable as follows : United
States bonds and interest, $359,731.01 ; to sinking fund in United States Treasury. $-,V>:3.7:?5.26— total, $613,516.27.
Additional payments in 1891. under decision of United States Supreme Court disallowing payments for new con-
struction and new equipment as a charge against earnings in ascertaining net earnings from the period from July
1. l*rs, to December 31, 1*90. $ 405. 065. 43, applicable as follows : United' States bonds and interest. $137.041.93 :
sinking fund in United States treasury, £268.043.50— total. 3405.085.43. Payments to United States Government
to December 31, 1891, as per settlements with United States Commissioner of Railroads — for United States bond
and interest account. J8.U53.100.18: for sinking fund in United States treasury. §4.456.634.76— total, $12.509.734.94.

There is due the companies lo December 31, 1891, from the government $3,339,426.60. Of this sum $1,068,-
161.67 is due the Central Pacific RR. Co.. having accrued prior to the lease of April 1, 1885 ; the balance of §2.271.-
264.93 is due the lessee. — the Southern Pacific Co. These amounts represent charges for transportation of U. S.
mails, troops, supplies, etc., on non-aided and leased lines, and are in excess of all amounts found due the United
States from the companies under the several acts of Congress. The amounts are due the companies in cash,
though withheld by the Government on account of the association of these roads with the aided line. For large
amounts included in these balances, judgments have been rendered in favor of the company by the Court of
Claims, which have been aflirmed by the Supreme Court (U. S. Rep., vol. 118, p. 235. and vol. 138, p. 48), and
which determine the law regarding the whole, but as yet Congress has made no appropriation for their payment.

By a decision of the Supreme Court rendered in the October term of 1890 tTol. 1:38. U. S. Reports, p. 84),
reversing a previous decision of the Court of Claims. '• all such expenditures as have the effect of permanently
improving the value of the company's property and works " were excluded from the category of expenses to be
taken from gross receipts in order to ascertain the ''net earnings " under the Thnrman Act. Following the ear-
lier decision of the Court of Claims, accounts with the United States under the Thurman Act had been currently
settled, allowing charges for new construction and equipment as proper deductions from the gross in ascertaining
the net earnings. These settlements were during the past year restated by the U. S. Commissioner of Railroads
(Report 1891. p. 24) and the additional amount thereby found due the Government, amounting to $405.085.43, was
settled through the lessee in the same manner as with the current annual requirement. The distribution of the
charge therefor amounted to $334,754.51 for the Central Pacific RR. Co., and $70,330.92 for the Southern
Pacific Co.

For the period from July 1. 1878. to March 31, 1885, the property was operated by the Central Pacific RR. Co.
From April 1. 1885. to December 31. 1^86. the net profits from operations paid as rental under the lease were in
excess of the fixed rental guaranteed ; thus for these periods the additional requirement is payable by the Central
Pacific RR. Co. From January 1. 1887. to December 31. 1S90, the leasehold operations were annually less than
the guaranteed rental paid, the additional requirement for this period becoming, therefore, a charge to be borne
by the Southern Pacific Co.

The condition of the sinking fund in the United States Treasury is reported by the Secretary of the Treaa-
nry to December 31, 1891, as follows : Deposits by the company— cash and transportation charges. $3.960,572.91.
Investments by Secretary of the Treasury— United States 6 per cent, currency bonds. $2.237.000 : Union Pacific
Railroad bonds, $537,000 : Central Pacific Railroad bonds. $1.122.000 ; other railroad bonds, $151,500— total,
*4j)47.500 : casn uninvested. $10.782.89 : premiums paid for bonds by Secretary of Treasury, 81,176,868.01 ; inter-
est and premium received. $1,274.577.99— balance, gain on investment to date. $97.709.98.

This fund has been in operation for thirteen and one-half years. The amount of $97,709.98 represents the
net proceeds from the investments for that period by the Government. The accruing interest for the year on the
bonds in the fund amounted to $242,850. while the increase for interest and premium, as shown above, was but
$104,938.77. This results from an advance of interest which was made on its bonds by the Government in 1890,
entering in that year a portion of the interest not falling due till 1891.

Annual meeting, second Tuesday in April. Capital stock listed on New York Stock Exchange.

Director* (elected April 12. 1892).— Leland Stanford, E. H. Miller. Jr.. Wiliard V. Huntington, E. W. Hop-
kins, C. F. Crocker, A. N. Towne. San Francisco, Cal.; C. E. Bretherton. London. England ; C. P. Huntington,
Thomas H. Hubbard, New York. N. Y. LELAND STANFORD, Provident, San Francisco, Cal.; C. P. Huntington,
I*/ Viee-PrMident, Neve York, N. Y.: Charles F. Cracker, '2d Vice- President ; A. N. Towne, 3d Vlce-Preridtntj
Willard V. Himtington. Treasurer; E. H, Miller. Jr., Sec. and Comptroller. San Francisco. Cal.: Frank H.
Davis, A.^f. TYftuureri I. E. Gates. Acting \vce-Preddent; George Watkins. Transfer Agent. New York, N. Y.
GENERAL OFFICE. Fourth and Townsend Streets. San Francisco, Cal. Transfer and General Agent's Office,
No. 23 Broad Street. New York City.

OREGONIAN RAILROAD COMPANY (Limifert.—Jfain Line of Pmd : Dundee. Ore., to Airlie,
Ore., 50.50 miles ; Sheridan Branch ; Sheridan Junction to Sheridan. Ore.. 7— total length of lines operated, 57.50
miles. Sidings, 5.08 miles. Gauge. 3ft.: rail t steel. 24.33 miles), 28 and 35 Ibs. For full history of this company
«ee MANUAL for 1889. page 894. Leased December 5, 1890, to the Southern Pacific Co.

Eolliny Stock ^ December 31. 1891.— Locomotive engines, 5. Cars— passenger, 6 ; baggage, etc., 3 : freight
(box, 115 : flat, 95 ; caboose, 2), 212-total cars. 221.

Dtnuton ; T. H. Cox (Chairman), P.'M. Cochrane. J. Leng. and W. Lowsons. C. N. SCOTT, Beceivcr. Port-
land, Ore. ; D. Ferguson, Secretary, Dundee. Scotland ; Henry W. Goddard, Superintendent, Portland, Ore
PRINCIPAL OFFICE AND ADDRESS. i07 Murray Gate. Dundee. Scotland.

OREGON AND CALIFORNIA RAILROAD COMPANY.— J/ai/i Line of Road: Portland,
Ore., to California State line. 366.8 : Lebanon Branch. : Albany Junction to Lebanon. 11.5 ; Woodburn to Cobnr°\
79.80: W€tt 8id* Division : Portland to Corvallis. 96.5 ; Coburg to Springfield. 7.7 ; Springfield to Natron

974 POOK'S MANUAL OF EAILKOADS.

total length of lines completed December 31, 1891, 567.50 miles. Sidings and other tracks, 61.88 miles. Gauge, 4
ft. 8i in. Rail (steel, 476.75 m.), 35 to 56 Ibs.

Ilixtory.— Cnartered March 17, 1870. as a successor of the Oregon Central RR. Co. of Salem, which was organ-
ized April 22. 1867. Main line opened from Portland to Roseburg, 199 miles, December 5, 1872 ; ope'ned throughout
in December, 1887 ; Woodburn to Coburg extension opened December 5, 1890. The road is leased for forty years
from July 1, 1887, to the Southern Pacific Company, which pays interest on bonds and all current fixed charges,
and also, if earned, dividends up to 7 per cent, on preferred and 6 per cent, on common stock, the surplus over
those payments to be retained by lessee. The West Side Division was built— Portland to St. Joseph, 46.7 miles—
by the Oregon Central Rli. Co. in 1872, and St. Joseph to Corvallis by the Western Oregon RR. Co. in 1879, and
as acquired by this company in October, 1880.

Rolling Stock, December 31. 1891.— Locomotive engines, 51. Cars— passenger, 30 ; sleepers, 6 ; baggage, mail,
and express, 23 : officers1, 1 ; freight (fruit, S3 ; furniture, 8 ; caboose, 14 ; box, 491 ; flat, 316 ; stock, 23), 875 ;
other, 38— total cars, 973.

Profit and Lot* Account, year ending December 31, 1891.— Miscellaneous income, $359 ; land sales (principal,
time, and cash, $242,809.56 ;' interest on deferred payments. $24,37464; not subject to mortgage, $17,740.71;
interest on deferred payments, $10,544.33), $295.469.24— total, $295,828.24. Payments : Net deficit under lease,
$489,147.35 ; miscellaneous expenses, $3.673.12 : land expenses, $42,949.42— total, $535,769.89. Balance, deficit for
the year, $239,941.65 ; surplus from last year, $39,104.72. Deficit, $200,836.93.

financial Statement, December 31, 1891.— Capital stock (par, $100)— common, $7,000,000 ; preferred, $12,-
000,000 ; funded debt 1st mortgage 5 per cent. 40-year bonds, due July 1, 1927, interest payable January and July,
$16,954,000 ; old bonds of June 1, 1881, uncancelled, $82,000 ; due Southern Pacific Company, $48,024.11 ; unpaid
coupons, $10,662.50 ; trustees of mortgage of July 1, 1887, $12,297.75 ; sundry accounts, $19.793.59— total. $36,-
126,777.95. Contra : Construction and equipment, $34.549.207.72 ; lands, not including granted lands, $37,471.41 ;
trustees of mortgage of June 1, 1881, $173,526.99 ; trustee of mortgage of July 1, 1887, $12,297.75 : deferred land
payments, $616,229.67 ; Pacific Improvement Company. $515,000 ; bills receivable, $935.50 ; deposits for payment
of old bonds, coupons, etc., $8,382.21 ; cash on hand, $12,889.77 ; profit and loss, $200,836.93— total, $36,126,777.95.

Land Grant. — The company has a Congressional grant, estimated to be under the various charters about
3,250,000 acres, of which there have been disposed of up to the close of the fiscal year about 332.225 acres. Sales
during the year, income subject to new mortgage. 42.224.19 acres for $242,809.5t). Amount collected during the
year on sales made prior to May 12, 1887. and interest on deferred payments not subject to new mortgage, was
dtoe 5AA 40

' Directors (elected April 12, 1888).— Leland Stanford, Charles F. Crocker, Timothy Hopkins, W. V. Hunting-
ton, San Francisco, Cal.: C. P. Huntington, New York, N. Y.: R, Koehler, Donald McClay, R. P. Earheart, John
McCracken, W. W. Bretherton, George H. Andrews, Portland. Ore. LELAND STANFORD, President, San Francisco,
Cal.; C. P. Huntington, Vice- President * New York, N. Y.: R. Koehler, 2d \7ict- President, Portland, Ore.; Timothy
Hopkins, Treasurer, San Francisco, Cal.; Geo. H. Andrews, Secretary, Portland, Ore.; I.E. Gates, Assistant
Secretary, New York. N. Y.

Registrars; Union Trust Co., New York.; London and San Francisco Bank, London ; Dewtche Vereins-
Bank. Frankfort-on-Main.

PBINCIPAL OFFICE AND ADDRESS, Portland, Ore.

PORTLAND AND WILLAMETTE VALLEY BY. CO. -See page 498.

Board of Directors, Southern Pacific Co., elected April 6, 1892.

C. P. Huntington. .New York, N. Y.

Thos. E. Stillman.

J. C. Stubbs San Francisco, Cal.

Leland Stanford. San Francisco, Cal.
Thos. H. Hubbard.New York, N. Y.
E. H. Miller, Jr.. San Francisco, Cal.

Chas. F. Crocker. San Francisco, Cal.
A. N. Towne ...

8. T. (.Hire

H. E. Huntington San Francisco, Cal. | George Crocker San Francisco, Cal.

C. P. HUNTINGTON, President Xew York, N. Y.

Charles F. Crocker, Vice- President San Franciaco, Cal.

A. X. Towne, 2d Vice- President San Francisco, Cal.

J. C. Stubbs, 3d Vice-President San Francisco, Cal.

I. E. Gates, Acting Vice- President and Assist. Sec Xew York, N. Y.

Sec. d- Comptroller— G. L. Lansing. San Francisco, Cal.

Treasurer— ^ . T. Smith

Registrar of Stock— Union Trust Co. .New York, N. Y.

Gen. Traffic Mgr.— Richard Gray. . .San Francisco, Cal.

Gen. Mgr. Pac. Sys.—A. N. Towne. "

Gen. Mgr. At. Sys.—J. Krutschnitt Houston, Texas.

PRINCIPAL OFFICE AND ADDRESS San Francisco, Cal.

New York Office. . 35 Wall Street.

SOUTH PARK AND LEADVILLE SHORT LINE RAILROAD COMPANY.

Line of Road. — Point on the D., S. P. & P. RR. near London Junction to

mines at London Hill, Col 7.50 miles.

Gauge, 3 ft.

History. — Road built by the London, South Park and Leadville RR. Co., to which the
Union Pacific made considerable advances of track material in 1882 and 1883. That company
was unable to meet its debt, and in 1885 the property was sold to the present company. The
Union Pacific Ry. Co. advanced $4,490.01 in settlement of liens prior to its own, and received
the entire capital stock of the company, 1,000 shares, and certain equipment and appurte-
nances owned by it. Road not operated during the past year.

POOR'S MANUAL OF RAILROADS. 975

SOUTHWESTERN, ARKANSAS AND INDIAN TERRITORY RY. CO.

(The following is repeated from MANUAL for 1891 ; Inter information refused.)

Line of Road Projected.— Warren, Ark., to Indian Territory Line 150 miles.

Completed : Okolona, Ark., to Hebron, Ark 25 miles.

Sidings, 1 mile. Gauge, 4 ft. 84- in. Rail (steel), 40 and 56 Ibs.

History. — Chartered June 15, 1884 ; road opened as above in November, 1888.

Rolling Stock.— Locomotive engine, 1. Cars— passenger, 1 ; freight (box), 5 ; logging,
12— total, 18.

Financial Statement, January 1, 1891.— Capital stock authorized, $1.400,000. Cost of
road, $331,300 ; equipment, $28,600 ; real estate, $3,000— total, $362,900. Estimated cost
of entire line, $1,400,000.

Directors.— W. P. Ross, Okolona, Ark.; W. A. Young, J. H. Crawford, M. A. Smith,
Stnithton. Ark.; C. E. Xeely, Arkadelphia, Ark.

J. H. CRAWFORD, President and Treasurer .Smithton, Ark.

C. E. Xeely, Secretary and Traffic Manager Arkadelphia, Ark.

PRINCIPAL OFFICE AND ADDRESS Smithton, Ark.

SUSSEX RAILROAD COMPANY.

Main Line of Road.— Waterloo, N. Y., to Franklin, N. J 23.21 miles.

Branchrille Branch : Lafayette to Branch yille, X. J 6.31 miles.

Total length of main line and branch 29.52 miles.

Sidings, etc., 6 miles. Gauge, 4 ft. 8Mn. Rail (steel, 29.56 miles), 52 Ibs.

Hi>tory.— Chartered February 5, 1853 ; main line opened December 11, 1854. Since
August, 1881, the main line and Brauchville Branch have been operated by the Delaware,
Lackawanna and Western RR. Co. The South Vernon Branch was sold about same time to
the Lehigh and Hudson River Ry. Co. Separate accounts are kept of the earnings, erpenses,
and traffic operations of this line.

Rolling Stock. —Locomotive engines, 7. Cars — passenger, 1 ; baggage, mail, and express,
3 ; freight, 51 — total, 55. Also, 15 service cars.

Operations for year ending December 31. 1891. — Train mileage — passenger, 74,371 ;
freight, 75,699 ; coal, 6,434 — total, 156,504. Passengers carried, 95,111 ; carried one mile,
944,917 ; average mile rate, 3.06 cents. Tons freight moved, 98,194 ; moved one mile, 1,-
718,070; average ton-mile rate, 3.22 cents. Earnings — passenger, $2-8,802.68; freight, $43,-
244.74 ; coal, $12,128.52 ; miscellaneous, $20,495.09— total, $104.671.03. Expenses and
taxes, $87,518.12. Xet earnings, $17,152.91. Paid interest on bonds, $16,555.

Financial Statement, December 31, 1891.— Capital stock, $1,638,600 ; funded debt, 1st
mortgage 7 per cent. 30-year bonds, due April 1, 1903, $236,500— total, $1,875.100. Contra :
Cost of road and equipment, $1,911,779.34.

Directors.— John I. Blair, P. R. Pyne, Samuel Sloan, F. H. Gibbens, S. Griffith, A. Rea-
soner, A. D. Chambers, M. T. Pyne, B. A. Hegeman, W. S. Sloan, E. S. Auchiucloss.

ANDREW KEASONER, President and Superintendent Hoboken, X. J.

Secretary— Fred. F. Chambers New York, N. Y. j Treasurer— Fred'k H. Gibbons Xew York. X. Y.

ADDRESS 26 Exchange Place, Xew York, X. Y.

SYLVANIA RAILROAD COMPANY.

Line of Road.— Sylvania, Ga. , to Rocky Ford, Ga 15 miles.

Sidings, 1.5 mile. Gauge, 4 ft. 9 in. Rail, 42 Ibs.

History. — Chartered January 3, 1884. Construction begun at Sylvania in 1884, and com-

976 POOR'S MANUAL OF RAILROADS.

pleted as above about April 15, 1885. The Central RR. and Banking Co. furnished iron and
materials, and holds a mortgage on the road therefor.

Rolling Stock, December 31, 1889. — Locomotive engine, 1. Cars — passenger and bag-
gage, 1 ; freight (platform), 1 — total cars, 2.

Operations, Financial Statement, etc. — All information refused.

Directors (elected January, 1890).— John C. Dell, U. P, Wade, John F. Lovett, Jr.,
Thomas W. Oliver, Jr., George W. Waters, W. Hobby, Sylvania, Ga. ; George M. Zeagler,
Zeagler, Ga. ; George Heard, Rocky Ford, Ga.; J. P. Williams, L. Johnson, Savannah, Ga.

JOHN C. DELL, President and General Manager Sylvania, Ga.

Jolin F. Lovett, Jr., Secretary and Treasurer Sylvania, Ga. '

PRINCIPAL OFFICE AND ADDRESS Sylvania, Ga.

SYRACUSE, BINGHAMTON AND NEW YORK RAILROAD COMPANY.

Line of Road. — Geddes, N. Y., to Binghamton, N. Y 81 miles.

2d track, 31.50 ; sidings, 37.49 m. Gauge, 4 ft. 8£ in. Rail (steel, 128.19 m.). 60 to 67 Ibs.

History, — Chartered as Syracuse and Binghamtou RR. Co., August 18, 1851, and road
opened October 18, 1854. Reorganized, after foreclosure, April 30, 1857, and since con-
trolled by Delaware, Lackawanna and Western RR. Co.

Rolling Stock.— Locomotive engines, 20. Cars— passenger, 9 ; baggage, mail, etc., 3 ;
freight (box, 493 ; platform, 106), 599 — total, 611. Also, 51 service and 9 caboose cars.

Operations for year ending December 31, 1891.— Train mileage— passenger, 252,837 ;
freight, 535,826 ; coal, 32,841— total, 821,504 miles. Passengers carried, 292,330 ; carried
one mile, 8,818,748 ; average mile rate, 2.20 cents. Tons freight moved, 1,551,667 ; moved
one mile, 85,943,371 ; average ton-mile rate, 0.65 cent.

Earnings.— Passenger $104,786 31

Freight 217,437 48

Coal 347,004 00

Miscellaneous . 119,23225

Expenses.— Passenger $148.696 69

Freight 297,057 71

Coal 48,093 56

Total $878,460 04

Total $493,847 96

Net earnings (56.21 per cent.), $384,612.08— total available revenue, $387,469.62. Pay-
ments : Interest on bonds, $137,620 ; taxes, $39,500.68 ; dividends (February, iVIay, August,
and November, 2 per cent, each), $200,000— total, $377,120.68. Balance, profit for year,
$10,348.94

In October an extra dividend of $125,000 was paid from the suspense account.

Financial Statement, December 31, 1891.— Capital stock, $2,500,000 ; funded debt,$l,-
966 000— total liabilities, $4,466,000. Contra: Cost of road and equipment, $4,651,875.77.

Funded debt consists of $1,966,000 consolidated mortgage 7 per cent. 30-year ($1,000
coupon and registered) bonds, due October 5, 1906, interest April and October.

Annual meeting, first Wednesday in December.

Directors.— Samual Sloan, Percy R. Pyne, George Bliss, Uriel A. Murdock, Fredk. IT.
Gibbens, Fred. F. Chambers, Benjamin G. Clark, Moses Taylor Pyne, Edgar S. Auchincloss,
E. R. Holden, W. S. Sloan, New York, N. Y.; E. F. Holden, Syracuse, N. Y.; Arthur D.
Chambers, Orange, N. J.

SAMUEL SLOAN, President New York City.

Secretary— Fred. F. Chambers. New York City. | Treasurer— Fredk. H. Gibbeus New York City.

ADDRESS No. 26 Exchange Place, New York City.

TEXARKANA AND SHREVEPORT RAILROAD COMPANY.

Line of Road.— Texarkana, Ark., to Lynn, Ark 24 miles.

Gauge, 4 ft. 8* in. Rail (steel, 14 miles), 38 and 40 Jbs.

American J)ank ]\] ote (Company,

78 TO 86 TRINITY PLACE, NEW YORK.

CCSINBSS FOUNDED, 1795. — INCORPORATED UNDER LAWS OF STATE CK NEW YORK, 1858. — REORGANIZED, 1879.

ENGRAVERS ^ PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange, tetter Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IN THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES.

WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING

Special papers manufactured exclusively for use

of the Company.

SAFETY COLORS. - - SAFETY PAPERS-

WORK EXECUTED IN FIRE-PROOF BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,

AND

ILLUMINATED SHOW CARDS

OF THE MOST APPROVED STYLES.
NUMBERED, LOCAL AND COUPON TICKETS, of any Size, Pattern, Style, or Device with Steel Plate Tints.

LITHOGRAPHIC AMD TYRE RRINTIKG,

SHOW CARDS, LABELS, CALENDARS.

Blanlc Books of Every Description.

TRUSTEES :
JAMES MACDOXOUGH, PRESIDENT.
AUG. D. SHEPARD,— VICE-PRESIDENTS— TOURO ROBERTSON.

THEO. H. FREELAND, SECRETARY AND TREASURER.
JNO. E. CURRIER, ASST. SECRETARY. J. K. MYERS, ASST. TREASURER.

P. C. LOUNSBURY. JOS. S. STOUT, I. E. FORD,

T. H. PORTER, \V. J. ARKELL, E. C. CONVERSE, ELLIOTT F, SHEPARD.

POOR'S BUREAU

OF

Information and Investigation,

Conducted in connection with and as an adjunct to

Poor's Manual of Railroads,

WILL FURNISH UPON ORDER

Detailed information relative to new or projected Railroads,

Analyses of Railroad and other reports,

Statistics of Steam, Electric, Cable and Horse Railways,

Advance information relative to Railroad reports, etc.; or will make

Full and comprehensive investigations into Railroad mortgages, bonds, leases or
other contracts.

In a word, we propose to furnish information of any character coming within the scope
of this Bureau, but not contained in or within the province of our three annual publica-
tions, viz.:

POOR'S MANUAL OF RAILROADS,

POOR'S HAND-BOOK ON INVESTMENT SECURITIES,
POOR'S DIRECTORY OF RAILWAY OFFICIALS and
MANUAL OF AMERICAN STREET RAILWAYS.

Subscribers to any of the above-named works may address their inquiries to us, and
a prompt reply will be mailed at a cost based upon the length of time occupied on the work.

Special attention will be given to the preparation of Historical Statements of existing
or defunct corporations ; to investigations into the value of old railroad bonds, and to the
preparation of statistical exhibits designed to show the value of railroad securities. Besides
this, investigations will be made at any time through official channels into the status of
Dew projects, and reports made thereon. Proceedings in foreclosure or reorganization will
be carefully followed, and all facts relating to' such proceedings noted for reference.

It is believed that the establishment of this Bureau will prove of great benefit to the
subscribers for our annual publications, as it will enable them at a nominal cost to avail of
our unequalled facilities for the collection of news items relative to Railroad Invest-
ments or projects, besides securing the privilege of access to our Library, which contains
all reports and documents issued during the past half century.

Annual subscribers to this Bureau may call for whatever information they desire
during the period of their subscription. Terms upon application. Address

JOHN P. MEANY, Manager,

70 Wall Street, New York, N. Y.

POOR'S MANUAL OF RAILROADS. 977

History.— Chartered October 29, 1888; road completed in 1890.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; freight (platform), 3 ;
other. 22 — total cars, 26.

Operations for year ending December 31, 1891. — Train mileage not reported. Passen-
gers carried, 5,700. Tons freight moved, 37,690. Gross earnings, £26,463.49. Operating
expenses, $12,947.07. Net earnings, $13,516.42. Paid for improvements, $5,019.56.

Financial Statement. December 31, 1891.— Capital stock, $176,000 ; current accounts.
$7.05 ; improvements paid from earnings, $12,143.56; income account, $11,584.46— total,
$199,735.07. Contra : Cost of road, equipment, etc., $188,143.56; current accounts and
cash. $11,591.51— total, $199,735.07.

Directors.— George W. Fouke, Ben Collins, C. E. Haydon, F. L. Haydou, B. T. Estes,
Texarkana, Ark.

GEO. W. FOUKE, President Texaxkana, Ark.

•-•'ulent—'B. Collins Texarkana, Ark. | Treasure r— C. E. Haydon Texarkana. Ark.

PRINCIPAL OFFICE AND ADDRESS.. . .Texarkaua. Ark.

TERRE HAUTE AND INDIANAPOLIS RAILROAD COMPANY.

Main Line of Road. — Indianapolis, Ind., to Illinois State Line 79.40 miles.

Brunches to Coal Mines 45.:J6 miles.

i Terre Haute and Logansport RR 182.70 miles.

Leased : \ St. Louis, Vandalia, and Terre Haute RR 158.30 miles.

( Indiana and Lake Michigan Ry 39 29 miles.

Total length of line operated October 31, 1891 505.05 miles.

Sidings, 61.39 miles. Gauge, 4 ft. 8i in. Rail (steel, 124.76 miles), 60 and 70 Ibs.

History. — This company was chartered in 1847 as the Terre Haute and Richmond RR.
Co., and road opened in 1852 : present name adopted by legislative authority in 1866. At
State Line the road connects with the St. Louis, Vandalia and Terre Haute RR., which the
T. H. & I. RR. Co. operates under a lease for 999 years, at au annual rental of 30 per cent,
of the gross earnings, with a guarantee, jointly with the Pittsburgh, Cincinnati. Chicago and
St. Louis Ry. Co., of interest on the mortgage bonds. (See statement for the St. Louis,
Vandalia and Terre Haute RR. Co.) The Terre Haute and Logansport and the Indiana and
Lake Michigan RRs. are also leased and operated, and their bonds are guaranteed by this
company. The operations of these lines are not included in this statement. See GENERAL
INDEX.

Rolling Stock, October 31, 1890. — Locomotive engines, 45. Cars — passenger. 30 : bag-
gage, mail, and express, 25: freight (box, 361; platform, 178; stock, 45: coal, 1,077;
caboose, 22), 1,683 ; other cars, 11 — total cars^ 1,749. Of the coal cars 94 are leased.

Operations for year ending October 31, 1891 (124.76 miles). — See tabulated statement on
page 97S.

Earnings.— Passenger $329,889 78

Freight If)

Mail 104.215 13

Express 23.343 06

Miscellaneous... 1.34709

Expenses.— Transportation $304.970 60

Motive Power 192.537 53

Maintenance of Care 94,809 85

Maintenance Way and Bldgs 159,122 ^4

General and Taxes . . 65.498 94

Total ($9,^27.05 per mile) $l,22»j,023 15. TotaU$6,548.09 per mile) $816.939 76

Net earnings (33.36 per cent.), $409,083.39. Add rentals received, $8,866.39 ; interest
and dividends, £147,444.62 ; income from investments, $11.045; profit in operating St. L.,
V. & T. H. RR., $17,837.26— total revenue, $594,276.66. Payments : Interest on bonds,
$142,000 ; dividends Xos. 76 and 77 (February 1 and August 1, 1891, 3 per cent, each), $119,-
289 : loss in operating leased lines (T. H. & L. RR., $88,740.84 ; I. i: L. M. RY., $15,399.82),
$54,140.16; miscellaneous expense, $1,100— total, $316,529.16. Balance, surplus for year,
$277,747.50. Surplus forward, $440,510.52— total, $718,255.02.
62

978

POOR'S MANUAL — TERRE HAUTE AND INDIANAPOLIS RR. CO.

General Balance Sheet, October 31, 1891.

Construction Account $3,512.5(50 00

Stocks and Bonds Owned 690,500 00

Materials and Fuel on Hand 2:34,504 61

Betterment Account Leased Lines 491.535 10

Bills Receivable 489,577 41

Miscellaneous Accounts 131.58426

Cash on Hand 326,108 11

Total Assets.,

Common Stock (par, $50) $i ,988,150 00

Funded Debt Outstanding 2,200,000 00

Bills Payable 292,80567

Current Accounts 257,150 12

Other Liabilities 163,25020

Coupons Unclaimed 16,314 00

Due Other Companies 240,441 48

Surplus of Assets 718,258 02

$5,876,369 49 Total Liabilities $5,876,369 49

The funded debt consists of 1st mortgage 7 per cent. 20-year boiids, due April 1, 1893,
interest payable April and October, $1,600,000, of which $1,187,000 are coupon, and $413,000
registered $1,000 bonds ; and $600,000 consolidated mortgage (authorized, $2,200,000) 5 per
cent. $1,000 coupon bonds, due July 1, 1925, interest payable January and July.

Statement showing the result of operations of all lines for year ending October 31, 1891 :

Railroads.

Length.

Gross
Earnings.

Operating
Expenses.

Net
Earnings .

Other
Receipts.

Available
Revenue.

$
594,276

118,278
(I. 7.274
604.923

Total
Pay-
ments.

Balance
Surplus
or Deficit.

Terre Haute & Indianapolis.
Terre Haute & Logansport..
Indiana & Lake Mich
St. Louis. Vand. & T. H. t..

Totals

MUea.
124.76
182.70
39.29
158.30

$
1. 226.023
f>iS.OT3
32,506
1,808,310

816,940
509. 7115
89,780
1.203.387

409,083
118.278
tiff. 7.274
604,923

$
185,193

316,529
117,556
8,126
542,493

$
S. 277,747
8. 722
1). 15,400
S. 62,430

185,193

505.05

3,694,912

2,569,902

1,125,010

1,310,203

984,704

/ST. 325,499

t Only £ interest in profit or loss. See statement of P. C. C. & St. L. Ry. Co.
Statement of operations and general account for eight years :

1884

1885 1886

1887

1888

1889

1890

1891

Passenger Train Miles
Freight Train Miles
Passengers Carried
Passengers One Mile
Freight Moved
Freight One Mile

Passenger Earnings
Freight Earnings

236,010

863,618
339,870
12.221.035
1.367,303
7'2. 362,830
$
306.327
726,086

252,682 -JSo.r.r.r
867,892 844,027
818,685 324.582
12.111,811 11.M9.75S
1.459.388 1,868,544
?'8,060,483, 75,806,802
$ $
279.052 282,538
692,034 679.680

292,967
980,467
359,017
12,857,129
1,596,098
92,523,527
$
314,637
852 611

303,404
981,690
402,2(K
14,158,548
1,502,072
83,616,220

313,852
767 613

301,850
955.601
360,003
12,436,519
1.429.562
88,345,408

805,301
702 072

348,395
972,502
366.648
12,784,929
1,513,024
89,046,660

311,826
779 439

353,604
959,985

410,797
13,650.927
1,476,795
79,098,811

329,890

767228

Other Earnings

94,975

89,546! 90,872

90,322

115,449

119,505

113,358

128,905

Total Earnings
Operating Expenses

1,127,388
804,606

1,060,632 1,053,090
747.212 743,721

1,257.570
881 367

1,196,914
945,820

1,126.878

818,874

1.204,623

833,858

1,226,023
816,940

Net Earnings
Dividends Paid

322,782
159,052

313.420; 309,369
119,289i 119,289

426,203
119,289

251,094
119,289

308,004
119.289

370.765

119.289

409,083

119,289

Interest Paid

112,000

112.000 127,0*0

134,500

142.COO

142,000

142,000

142,000

Gross Earnings per Mile. . .
Gross Expenses per Mile. .
Net Earnings per Mile
Expenses to Earnings

Capital Stock
Funded Debt

9.957 50
7,100 58
2.850 92
71. 37 p. c.

1,988,150
1,600,000

9,301 33: 9,090 90
6,552 75; 6,420 24
2,748 58! 2,670 66
70. 45 p. c.. 70.62 p. c.

$ ! $

1,988.150 1,988.150
1,900,000 1.900.000

15,838 42
10,523 62
5,368 06
66. 11 p. c.

1,988,150
2,200,000

9,978 44
7,885 12
2,093 32
79. 02 p. c.

1,988,150
2,200,000

6,664 48
7,032 93
2,641 55
"2.67p.c

1,988,150
2,200,000

10,231 21
7,086 86
3,144 35
69. 23 p. C.

1,988,150
2,200,000

9,827 05
6,548 09
3,278 96
66. 64 p. c.

1,988,150
2,200,000

Construction Account
Other Investments

3,469,988
1,138,283

3,469.988 3.469.988
971,070 941,070

3.512,560

669.223

3,512,560
265,000

3,512,560
265,000

3,512,560
690,500

3,512.560
690,500

Annual meeting, first Monday in January, at Terre Haute, Ind. ; books close 15 days
previously. Interest and dividends payable at office of Farmers' Loan and Trust Co., New
York, N. Y. Voting power attaches to stock after 15 days' ownership. Trustees of bonds :
Benjamin Harrison, Indianapolis, Ind. ; Richard W. Thompson, Terre Haute, Ind. ; and
Farmers' Loan and Trust Co., New York, N. Y. Registrar of stock, G. E. Farringtou,
Terre Haute, Ind.

Dividends. — Regular half-year dividends, ranging from 3 to 10 per cent., have been paid
by this company from January 1, 1853, to August 1, 1891 — an aggregate of 369£ per cent.

POOB'S MANUAL OF RAILROADS. 979

In addition two stock dividends of 20 and 25 per cent, were paid in January, 1857, and April,
1864. respectively. From January, 1885, to date, the dividend rate has been 6 per cent, pejr
annum. (See MANUAL for 1888, page 1107.)

Directors Delected January 4, 1892).— William R. McKeen, Henry Ross, George E. Far-
rington, Delos \V. Minshall, John G. Williams, Josephus Collett, Herman Hulman, Terre
Haute, Ind.

W. R. McKEEN, President Terre Haute, Ind.

John G. Williams, Vice- President and Gen' I Manager. . .Terre Haute, lud.
Secretary— George E. Farringron Terre Haute, Ind. | Tretisnr(r—3. W. Cruf t Terre Haute. Ind.

PRINCIPAL OFFICE AND ADDRESS Terre Haute, Ind.

TERRE HAUTE AND LOGANSPORT RAILROAD COMPANY.

Main Line of Road. — Rockville, Ind., to South Bend, Ind 159.50 miles.

Leased : Emnsrille and Terre Haute RR. : Rockville to Terre Haute 23/20 miles.

Total length of railroad operated, October 31, 1891 ....................... 182.70 miles.

Sidings, etc., 37.84 miles. Gauge, 4 ft. Si in. Rail (steel, owned, 155.64; leased, 23.20
miles). 60 Ibs.

History. — Chartered as the Logansport, Crawfordsville and Southwestern RR. Co. in
1867, and road opened from Rockville to Logansport, 92.50 miles, in 1872. Sold under fore-
closure September 10, 1879, and bought in the interest of the Terre Haute and Indianapolis
RR. Co.. which leases the property for 99 years from December 1, 1879, paying 25 per cent.
of the gross earnings as rental, and guaranteeing principal and interest of bonds. The
extension to South Bend was opened November 24, 1884. The Rockville extension of the
Evansville and Terre Haute RR. is operated by this company under lease ; rental, $9.000 per
annum.

Rolliiiir Stock, October 31, 1891. — Locomotive engines, 23. Cars — passenger, 8 : bag-
gage, mail, and express, 5 ; freight (box, 364 ; platform, 14 ; stock, 2 ; coal, 708 ; caboose, 12),
1,100— total cars, 1.133. Of the coal cars 133 are leased.

Operations for year ending October 31, 1891. — Train mileage— passenger, 284,643 ;
freight, 423,594 ; other, 41.953— total, 750,190 miles. Passengers carried, 312,343 ; carried
one mile, 7,502,706 ; average mile rate. 2.48 cents. Tons freight moved, 525.627 ; moved
one mile, 51,261,799 ; average ton-mile rate, 0.81 cent.
Earnings).— Passenger ...................... $185.918 32 Expenses.— Transportation ................ $171,130 69

Freight 4Hi.«j35 33

Mail 13.791 55

Express 9.390 00

Miscellaneous... 2.33800

Total (83,437.73 per mile) $628,073 2u

Motive Power ................. 121,118 14

Maintenance of Cars ........... 150,646 18

Maintenance Way'<fc Buildings. 55.971 79

General . . . 10.928 44

Total ($2,790.54 per mile) $509,795 24

Net earnings (18.82 per cent.), $118,277.96.

Income Account, T. H. & L. RR. Co., year ending October 31, 1891.

Rental. 25 per cent, of gross earnings $157.018 30 : Interest on Bonds $90,000 00

Balance from last year 322,759 98 Taxes 18,249 61

j Rental, E. & T. H. RR 9,00000

General Expenses 30600

Balance, General Account 362,222 67

Total Receipts $479,778 28 1 Total Payments $479,778 28

Financial Statement, October 31, 1891.— Capital stock (par, $50), $500.000 ; funded
debt, $1,500,000 ; bills payable, $35,600 ; betterment account, £410,338.65 ; coupons not pre-
sented. $990; profit and loss, $362,222.67— total, $2,809,151.32. Contra : Cost of road, etc.,
$2,445,159.98 ; cash, $8,461.96 ; betterments, $355,538.38— total, $2,809,151.32.

The funded debt consists of $500,000 1st mortgage 6 per cent. 20-year coupon $1,000
bonds, due January 1, 1910, interest January and July, and $1,000,000 extension 6 per cent,
mortgage 30-year coupon $1,000 bonds, due January 1, 1913, interest January and July.

980 POOR'S MANUAL OF RAILROADS.

Annual meeting, first Monday in January, at Terre Haute, Ind. ; books close fifteen days
previously. Interest payable at Farmers' Loan and Trust Co., New York, N. Y. Trustee of
bonds, Benjamin Harrison, Indianapolis, Ind. Voting power attaches to stock after fifteen
days' ownership. Registrar of stock, George E. Farrington, Secretary.

Directors (elected January 4, 1892).— W. R. McKeen, John G. Williams, D. W. Min-
shall, Frank McKeen, G. E. Farrington, Terre Haute, Ind.

W. R. McKEEN, President Terre Haute, Ind.

Geo. E. Farringtou, Secretary and Treasurer Terre Haute, Ind.

PRINCIPAL OFFICE AND ADDRESS Terre Haute, Ind.

TEXAS AND PACIFIC RAILWAY COMPANY.

( State Line to Sierra Blanca, Texas, and via Texar-
Main Line of Road. — -j kana and Sherman, Texas, to Fort Worth, Texas — 1,039 miles.

( New Orleans to Shreveport, La. 324 miles.

Westwego Branch : Westwego Junction to Westwego, La 1

Port Allen Branch : Baton Rouge Junction to Port Allen, La 11

Indian Village Branch : Plaquemine to Indian Village, La. 7

Gordon Branch : Gordon to Gordon Coal Mines 8 — 22 miles.

Leased : ViclcsVg, Shreveport & Pac. RR. : Shrevep't, La., to State Line, Tex. 21 miles.
Trackage : Harrisburg & San Antonio RR. ; Sierra Blanca to El Paso, Texas. . 93 miles.

Total length of line (owned, 1,385 in.), operated December 31, 1891 1,499 mil^s.

Sidings, etc., 233 miles. Gauge, 4 ft. 8£ in. Rail (steel, 1,251.7 miles), 56 and 68 IDS. ; iron,
56 Ibs.

History. — Organized under Act of Congress, March 3, 1871, and the general railroad
laws of the State of Texas. Acquired the properties of the Southern Pacific, the Southern
Transcontinental, and the Memphis, El Paso and Pacific RR. Companies. The Southern
Pacific RR. Co. was a consolidation of the Vicksburg, Shreveport and Texan, chartered in
Louisiana, and the Southern Pacific, organized under the laws of Texas. Consolidated June
21, 1881, with the New Orleans Pacific Ry. Co. Between Sierra Blanca and El Paso, 93 miles,
the track is used jointly with the Galveston, Harrisburg and San Antonio RR. , this company
paying one-half taxes, station expenses, and cost of maintenance, and, in addition, 6 per cent,
on $10,000 per mile.

Default was made in June, 1884, and receivers appointed December 16, 1885. Sold
under foreclosure November 8, 1887, and company reorganized without change of name.
For plan of reorganization, see MANUAL for 1887, page 791. See also MANUAL for 1888,
page 822.

Rolling1 Stock, December 31, 1891. — Locomotive engines, 188. Cars — passenger, 85 ;
baggage, mail, and express, 31 ; freight (box, 1,785 ; platform, 765 ; stock, 517 ; coal, 715 ;
fruit, 38 ; caboose, 99), 3,919 ; other cars, 105 — total cars, 4,140. The company also own 2
transfer steamers and 2 Red River steamers.

Operations for year ending December 31, 1891. — See tabulated statement following.

Earnings.— Passenger $1,925,563 71

Freight 4,851,379 63

Mail 210,590 21

Express 169,256 87

Miscellaneous ... 69,671 66

Total ($4,820.86 per mile) $7,220,462 08

Expenses.— Transportation $2,073,462 23

Motive Power 1,661,211 75

Maintenance of Cars 366,477 29

Maintenance Way & Buildings 1,199,610 10
General 224,830 92

Total ($3,686.19 per mile) $5,525,592 29

Net earnings (23.54 per cent.) $1,700,869.79. Add interest and dividends, $2,349.04 ;
rentals, $53,001.60; other receipts, $40,799.87— total available revenue, $1,797,020.30. Pay-
ments : Interest on bonds, $1,279,490 ; rentals, $68,904 ; Car Trust, series " C," $131,000 ;
new equipment, $11,987.80 ; new buildings, $69,314.53; taxes, $190,129.22 ; sundries, $13,-
174.95— total, $1,764,000.50. Balance, surplus, $33,019.80 ; surplus forward, $140,643.64—
total, $173,663.24.

POOR'S MANUAL — TEXAS AND PACIFIC RY. CO.

981

Comparative statement of traffic, earnings, expenses, etc., for eight years :

1884

1885

1,487.00
1.703.243
2.732,H07
470,660
25,931.832
952,017
124-642,358

1.508,147
3,868,716
449,538

1886

1887

4888

1889

1890 1891

Miles of Railroad (aver.) . . .
Passenger Train Miles
Freight Train Miles

1,487.00
1.418,113
2.733:988
674,065
47,863,563
1,056,726
245-250,395

1,375,383
4,037,484

605.889

1,487.00

1,487.00

1.487.00

1,497.00
1.531.746
3,107,878
1,054.083
61.50S.509
1.444.741
301,935,642

1,675,474
4.853.630
388,699

1,499 1,499
1,713,812 1,850,392
3.235,94-J 2.955.932
1,237.691 1.260;094
72.553. 6ti5 71.412.2»;f>
1.614.375 1.533,985
398.921.392384425-377

1,894.177 1,925.564
5,024,969 4,851,380
358,574 449,518

712'.492
52.243.829
1,099,304
256,797.076

1,374,239
4,282.448
385,618

1,512,392
3,271,425. 3,437,848
-49 956,171
58.781,689 58.462. 794
1,152.858 1,','3S.38S
287,055,109 323-154,906

$ $

1,543,227 l.r>56.735
4,186,782! 4.380,107
453,760 437,544

Passengers Carried
PasM-iiLvr Miles
Freight Uons) Moved.

Freight (ton) Miles
Passenger Earnings

Freight Earnings
Miscellaneous.

Gross Traffic Earnings
Transportation Expenses . .

Net Traffic Earnings
Interest Sinking Fund, etc.

Surplus Revenue*..

5,918.756
5,134,824

5,826,401
4,730,782

6,042.305 6.183.769 6,374,386
5,516,113 5,800,805| 4.928,456

6,917,803j 7,327,710 7,226,462
5,072,942 5.672,344 5,525,592

783,933
2,310.630

1,095,619

526.192

382,964

1.445,930
1.394,141

1,844.861 1,655.366 1,700,870
1,786,436 1,953.213 1.764,001

51,798

108,425

Deficit Revenue*
Gross Earnings per Mile. . .
Oper. Expenses per Mile. . .
Net Earnings per Mile. . .

1,526,697
3,980 33
3,453 14
527 Ki
86.76 p. c.
3.87 c.
1.65 c.

-47 63 131

3,918 23
3,181 43
736 80
81. 20 p. c.
5.82 c.
3.10 c.

4.063 42
3,709 56
35386
91. 29 p. c
2.63 c.
1.67 c.

4,158 55
3,901 01
25754
93.80 p. c.
2.62 c.
1.46 c.

4,28674
3.314 36
97238
77.31 p. c.
2.66 c.
1.36 c.

4,621 11
3.38874
1.23237
73. 33 p. c.
2.72 c.
1.34 c.

4.x-s40 4,82086-
3.78409 3.686.19
1.10431 1.134H7
77.41 p. c. 76.46 p. c.
2.61 c. 2.70 c.
1.26 c. 1.26 c.

Expenses to Earnings. . ..
Aver. Rate p. Pass. p. Mile.
Aver. Rate p. Ton p. Mile. .

* Not including miscellaneous income.

General Balance Sheet, December 31, 1891.

Cost of Road and Equipment $80,468,806 86 , Capital Stock (par, $100) $33.710.900 00

Stocks and Bonds Owned 12,626,908 07 | Funded Debt 53,781,953 91

Materials on Hand 272,617 29 | Bills Payable

Unadjusted Accounts 125,991 10 Texas School Fund Loan

Bills Receivable, Land Notes 140,523 29 Scrip— Interest and Other.

963,913 13

94,957 04

Current Accounts.
Cash on Hand . . .

30,000 00
144,182 01
327,639 00
58,542 33
99,035 28
55,377 51

Equipment Obligations . .
Due other Roads

Land Sales

Interest Due and Accrued 224,964 17

Unadjusted Accounts (Gould-Huntington

Contract 179,651 55

Current Accounts 907,807 58

Profit and Lose 173,663 44

Total Assets $94,693,716 78 Total Liabilities.

Statement of funded debt ($53,781,953.91) December 31, 1891 :

. $94,693,716 78

MORTGAGES.

Date of
Mortgages.

Date of
Bonds.

Maturity
of Bonds.

AMOUNT.

Rate
of
Inter-
est.

Interest
Payable.

Author-
ized.

Out-
standing.

First Mortgage*
Second Mortgage, Income
First Mortgage, Eastern Division
Old Bonds Unredeemed*. . . .

1888
1888
1875

1888
1888
1875

2000
2000
1905

' $
25,000,000
25.000,000

3,784.000

24.986>21 98
24,918.931 93
3,784,000 00
93,00000

p.,

5
6
6

Jun. & Dec.
March.
March.

....

* The Fidelity Trust Co., trustee, holds $3,591,000 (Noe. 1 to 3.951) of these bonds for the purposes stated
below ; the remainder, $21,049,000 (Nos. 3,951 to 25,000), are listed on the New York Stock Exchange.

Following is a detailed description of the bonds :

The first mortgage bonds, $25,000,000 in amount, numbered from 1 to 25.000, inclusive,
are secured by a mortgage of even date (February 1, 1888) to the Fidelity Insurance, Trust
and Safe Deposit Company of Philadelphia. Trustee, covering the entire line, including
leaseholds, rights of joint use, terminals, transfer boats, and rolling stock, from New
Orleans, La., to El Paso, Texas, and from Marshall, via Texarkana, to Sherman and Fort
Worth, in all, 1,487 miles, subject only to the old first mortgage on the Eastern Division from

982 POOR'S MANUAL OF RAILROADS.

Texarkana and Marshall to Fort Worth, amounting to $3,784,000, and the School Fund
Loan of the State of Texas, of $167,000, to retire which an amount of bonds of equal number
was set aside.

The second mortgage bonds, $25,000,000 in amount, numbered from 1 to 25,000 inclu-
sive, bear interest at the rate of 5 per cent., coupons payable annually on March 1. Such
interest is payable only to the extent that the net income will permit, and is non-cumulative.
These bonds are secured by a mortgage of even date therewith (February 1, 1888), to the
Mercantile Trust Company of New York, Trustee, being a second lien on the entire line, sub-
ject to the above first mortgage, and bearing even date.

LAND GRANT. — Under the reorganization the lands of this company were disposed of to
the TEXAS PACIFIC LAND TRUST, organized by the holders of Land Bonds for the purpose
of acquiring those lands. In June, 1888, there were issued and listed on the New York Stock
Exchange, $10,370,000 of certificates of proprietary interest issued in accordance with a
declaration of trust, dated February 1, 1888, made by Charles J. Canda, Simeon J. Drake,
and William Strauss, filed with the Central Trust Company of New York. (See MANUAL for
1888, page 854.

Annual meeting held on third Wednesday in March, at New York, N. Y. No fixed time
for closing books. Directors elected at each biennial meeting. Interest on bonds payable at
the office of the Mercantile Trust Co., New York, N. Y. All stock and bonds listed on the
New York Stock Exchange, and most of them on Philadelphia Stock Exchange also. Registrar
of stock, Mercantile Trust Co., New York, N. Y. Trustees of bonds, Fidelity Insurance,
Trust and Safe Deposit Co., Philadelphia, Pa.; Mercantile Trust Co., New York, N. Y.

Directors (elected March 18, 1891— for two years).— Jay Gould, Samuel Sloan, John T.
Terry, Samuel Thomas, George J. Gould. Thomas T. Eckert, Russell Sage, C. M. McGhee,
C. E. Satterlee, A. L. Hopkins, Sidney Dillon, New York, N. Y. ; Isaac J. Wistar, J. N.
Hutchinson, Philadelphia, Pa.; E. B. Wheelock, New Orleans, La.; Milton H. Smith, Louis-
ville, Ky.; S. H. H. Clark, St. Louis, Mo.; John A. Grant, Dallas, Texas.

JAY GOULD, President New York, N. Y.

George J. Gould, Is* Vice- President New York, N. Y.

•2tf Vice- President— S. H. H. Clark St. Louis, Mo. | General Supt.—*L. S. Thome Dallas, Tex.

Sec. and Treas.—C. E. Satterlee New York, N. Y. | Asst. Sec.~L. S. Smith

EXECUTIVE OFFICES Dallas, Tex.

General Office 195 Broadway, New York, N. Y.

TOLEDO, ANN ARBOR AND NORTH MICHIGAN RAILWAY COMPANY.

Main Line of Road.— Toledo, 0., to Beecher, Mich 274.06 miles.

Of which leased to Frankfort & South. RR. Co., Cop. to Beecher 2.46 miles.

269.60

T i™ J Pennsylvania Co., at Toledo 1.00 mile.

£age : } Michigan Air Line, at Hamburg 3.40 miles.— 4.40 miles.— 274.00 miles.

{Quarry : Macou, Mich., to Quarry 2.62 miles.
Ithaca : Main Line to Ithaca, Mich 2.62 miles.
St. Louis : S. V. & St. L. Crossing to St. Louis 1.08 miles.
Alma : Main Line to river 1.00 mile.
Jluskegon River : Main Line to Muskegon River ... .1.51 miles.
Diggings Mill : Main Line to Diggin's Mill 1.30 miles.— 10.31 miles.

Total length of all lines December 31, 1891 284.31 miles.

2d track, 3.10 ; sidings, 49.54 miles. Gauge, 4 ft. Si in. Rail (steel), 56, 60, and 67 Ibs.

History,— Consolidation, March, 1888, of the Toledo, Ann Arbor and North Michigan,
and Toledo, Ann Arbor and Cadillac Ry. Cos. The latter built the extension from Mt. Pleas-
ant to Cadillac, 64.3 miles, in 1887. (See MANUAL for 1888, page 537.) The extension from'
Cadillac to Copemish, 50.40 miles, was completed in the latter part of 1889, and was pur-
chased by this company. On August 11, 1890, the brancli from Leland to South Lyons, 8

TOLEDO, ANN ARBOR AND
NORTH MICHIGAN RAILWAY

AND CONNECTIONS,

s;r.TGNAcec CMACKINAC

[*• jfe ,//m*"" c^'s TV f
.«| V fRAN^iai^t \ A»iW.v

^ ?

984: POOfi'S MANUAL — TOLEDO, ANN ARBOR AND NORTH MICHIGAN RY. CO.

miles, was sold to the South Lyons and Northern Ry. Co. The Frankfort and Southeastern
Ry., from Copemish to Frankfort, 23.5 miles, was purchased in the interest of this company
on May 1, 1892, and will be merged into the T., A. A. aud N. M. Ry. during the present year.

Rolling Stock, December 31, 1891. — Locomotive engines (owned, 36 ; leased, 5), 41 ;
Cars — passenger, 12 ; combination, 6 ; parlor, 4 ; mail aud express. 4 ; freight (box, 655 ;
furniture, 44 ; flat, 374), 1,073; caboose, 17 ; other cars. 8— total cars, 1,122.

Operations for year ending December 31, 1891. — Train mileage — passenger, 362.004 ;
freight, 439,436 ; mixed, 27,773— total, 829,273 miles. Passenger and freight statistics not
reported.
Earnings.— Passenger $258,892 •„>(; Expenses.— Transportation $304,51(3 13

Freight 603.401 47

Mail and Express 43,264 92

Miscellaneous 71.696 98

Motive Power and Cars 90,320 21

Maintenance Way & Buildings. . 98,993 84
General... . 101. 43T 80

Total ($3,437.29 per mile) $977,255 63 ' Total ($2,037.47 per mile) $579,272 98

Net earnings (40.72 per cent.), $397,982.65. Payments : Interest on bonds, $271,640 ;
taxes and miscellaneous, $22,489.50 — total payments, $396,706.73. Balance, surplus, $1,-
275.92 ; surplus forward, $130,575.61— total surplus, $131,851.53.

General Balance Sheet, December 31, 1891.

Cost of Road $12,077,328 37 I Capital Stock (par, $100^ $6,200,000 00

Cost of Rolling Stock 871,587 64 i Funded Debt Outstanding 6,300,000 00

Materials and Fuel on Hand 41,033 08 ] Bill? Payable 109,314 77

Bills Receivable • 123,94341 Equipment Notes 148.119 89'

Cash on Hand 23,493 20

Total Assets ' $13,137,385

Accrued Interest - 54,400 00

Current Accounts 193,69941

Income Accounts. December 31, 1891 . . . 131,851 53

Total Liabilities $13,137,385 60

Funded debt consisted, December 31, 1891, of —

(1) 1st mtge. (T.. A. A. & G. T.) 6 p. c. 40-year convert, gold bonds, due Jan. 1, 1921, int. J. & J $1,260,000

(2) 1st mtge. (Leland to St. L., 106) 6 p. c. 40-year con. gold bonds, due May 1, 1924, int. May & X 2,120,000

(3) 1st mtge. 6 p. c. gold 30-year coupon bonds, due Sept. 1, 1919, int. March and Sept 400,000

(4) 1st mtge. 6 p. c. gold 30-year coupon bonds, due March 30. 1917. int. March and Sept 1,260,000

(5) Ifct consol. mtge. 5 p. c. 50-year $1,000 gold coupon bonds, Jan. 1, 1940. int. Jan. and July 650.000

In addition to the above bonds there are outstanding $600,000 1st mortgage 6 per cent.
30-year T., A. A. & L. Mich, bonds, due July 1, 1919, interest payable January and July,
guaranteed by the Toledo, Ann Arbor and North Michigan Ry. Co.

(1) The 1st mortgage Toledo, Ann Arbor and Grand Trunk Ry. bonds are secured on the
line from Toledo, O., to South Lyon, Mich., 61 miles, with branch to stone quarry, 2 — total
63 miles. These bonds are dated October 16, 1880, and mature January 1, 1921. They are
$1,000 each, numbered 1 to 1,260 inclusive ; interest payable January and July at the office
of the trustee, the Farmers' Loan and Trust Co., New York, N. Y. Listed on the New York
Stock Exchange.

(2) The 1st gold 6* of 1924 are secured by mortgage on the line from Ann Arbor to St.
Louis, Mich., a distance of 106 miles. These bonds are dated September 29, 1883, and mature
May 1, 1924. Of these bonds, Nos. 1 to 1,620 inclusive, are for $1,000 each, and Nos. 1.621
to 2,620 inclusive are for $500 each ; interest payable in gold May and November, at the
office of the trustee, Central Trust Co., New York, N. Y. Listed on the New York Stock
Exchange.

(3) The 1st mortgage Mount Pleasant Division bonds are secured on the line from St.
Louis to Mount Pleasant, Mich., a distance of 20 miles. These bonds are dated June 4, 1886,
and mature September 1, 1919. They are $1,000 each, coupon, with privilege of registration.
Interest payable March and September, at the company's office in New York City. Trustee,
Farmers' Loan and Trust Co., New York, N. Y. Listed on the New York Stock Exchange.

(4) The 1st mortgage Cadillac, Extension bonds are secured on the line from Mt. Pleasant
to Cadillac, Mich., a distance of 64 miles. These bonds are dated June 30, 1886, and mature
March 1, 1917. They are $1,000 each, coupon, with privilege of registration. Interest pay-

POOR'S MANUAL OF RAILROADS. 985

March and September at the company's office, New York City. Trustee, Farmers' Loan
and Trust Co., New York, N. Y. Listed on the New York Stock Exchange.

(5) The amount of consolidated mortgage bonds is $10,000,000, of $1,000 each, coupon,
with privilege of registration. They are dated January 15, 1890, and mature July 1, 1940 ;
interest payable iii gold January and July at the office of the trustee, the Farmers' Loan and
Trust Co., New York, N. Y. Bonds numbered 1 to 5, 040' are placed in trust to redeem the
divisional bonds as they mature, or as may from time to time be exchanged ; and bonds No.
5,041 to 6,300 inclusive, are to be exchanged for bonds of the Toledo, Ann Arbor and Lake
Michigan Ry. Co., whose property and franchises were purchased by this company in May,
1890, and formally incorporated into the system July 1, 1890. Bonds for additional mileage
can only be issued at the rate of $18,000 per mile of new mileage. Listed on the New York
Stock Exchange.

Annual meeting, third Wednesday in April, at Toledo, 0. Registrar of stock, Farmers'
Loan and Trust Co., New York, N. Y. Voting power attaches to stock on thirty days' owner-
ship. Stock and bonds listed on New York Stock Exchange.

Directors (elected April 20, 1892).— J. M. Ashley, Henry W. Ashley, T. W. Childs,
William Baker, David Robison, Jr., Toledo, O.; A. W. Wright, Saginaw, Mich.; E. A. Todd,
Owosso, Mich.; J. .M. Ashley, Jr., Joseph Walker, Jr., New York, N. Y.; S. Dean, Ann
Arbor, Mich. ; T. \Y. Whitney, St. Louis. Mich.

J. M. ASHLEY, President Toledo, O.

l*f Vice-Preside nt-3. M. Ashley. Jr. .New York. N. Y. I Secretary— F. S. Chandler Toledo. O.

•S</ rwc-Pwidrnf—A. W. Wright Saginaw. Mich. | Treasurer— George B. Parke Toledo, O.

,il M<n,<K^r— Henry W. Ashley Toledo, O.

PRINCIPAL OFFICE AND ADDRESS Toledo, O.

New York Office 29 Broadway.

TOLEDO AND OHIO CENTRAL EXTENSION RAILROAD COMPANY.

Line of Road. — Marietta, O. , to Newton, 0 45 miles.

R , j Big Run, O., to Stewart, 0 6 miles.

Branch : -j ArmadalCf 0 ? to Jov 0 9 miles<

Leased : B. & 0. 8. W. RR.: Marietta, O., to Moore's Junction, 0 • 3 miles.

Total length of line operated December 31, 1891 63 miles.

Sidings. 4 miles. Gauge 4 ft. 8|- in. Rail (steel, 50 miles), 56 and 60 Ibs.

History. — Incorporated August 27, 1888, and succeeded, by purchase, on November 1,
1888, the Marietta, Columbus and Northern RR. Co. The Toledo and Ohio Central Extension
Railroad is a portion of the road originally chartered, about 1850, as the Marietta and Cin-
cinnati RR. Co., which name was changed in 1883 to the Cincinnati, Washington and Balti-
more RR. Co. In July, 1884, that company sold to the Marietta Mineral Ry. Co. (Chartered
February 22, 1882) that portion of the line from Moore's Junction to Main Line Junction, 30
miles, and leased, in perpetuity, the 3 miles between Marietta, O., and Moore's Junction.
On November 19, 1886, upon a petition made to the Court of Common Pleas of Washington
County, Ohio, the name was changed from Marietta Mineral Ry. to Marietta, Columbus and
Northern RR.

During 1885, an extension was built up the Federal Creek Valley through the coal and
oil fields of Ohio. During 1886, an extension was built to a connection with the Cincinnati,
Washington and Baltimore RR., at Stewart, Ohio, where an extensive coaling station has
been established. The extension northward from Amesville to Newton Station, on the main
line of the Toledo and Ohio Central RR. was completed during 1890. making an air line
route from southeast Ohio to Columbus and all northwest points.

Rolling Stock, December 31, 1891. — Locomotive engines, 6. Cars— passenger, 5 ; bag-
gage, mail, and express, 4 ; freight (box, 5 ; platform, 5 ; coal, 50), 60 ; other cars, 11 — total
cars, 80. Of this equipment 2 locomotives, 2 passenger and 3 baggage, etc., cars were ac-
quired through car trust, and 2 locomotives are leased.

986

POOR'S MANUAL OF RAILROADS.

Operations for year ending December 31, 1891.— Train mileage— passenger, 36,921 ;
freight, 33,297 ; mixed, 6,501— total, 76,719 miles. Passengers carried, 75,236 ; carried one
mile, 1,279,012 ; average mile rate, 2.48 cents. Tons freight moved, 157,492 ; moved one
mile, 8,638,362 ; average ton-mile rate, 1.82 cents.

Warnings. — Passenger

Freight

Mail and Express

Miscellaneous . .

$31,719 49

157,218 18

5,621 30

2,419 11

Expenses.— Transportation $19,436 01

Motive Power and Cars 18,229 92

Maintenance Way & Buildings. 64,443 80

General 6,230 21

Total ($3,126.64 per mile) $196,978 08 Total ($1,719.68 per mile) $108,339 94

Net earnings (43.98 per cent.), $88,638.14. Payments : Interest on bonds, $74,212.30 ;
rentals, $3,296.12 ; other payments, $1,929.30— total, $79,437.72. Balance, surplus, $9,200.-
42; surplus forward, $45,236.83— total, $54,437.25.

General Balance Sheet, December 31, 1891.

Capital Stock (par, $100) $1,500,000 00

Funded Debt Outstanding 1,500,000 00

Car Trusts 11,495 19

Current Accounts 187,394 38

Federal Valley Construction Notes 1,800 00

Profit and Loss. . . 54,437 25

Cost of Road $2,902,430 28

Cost of Rolling Stock 116,480 64

Telegraph Line 6,955 71

Cash on Hand 21,230 80

Stocks and Bonds Owned 196,600 00

Current Accounts 11,429 39

Total Assets $3,255,126 82 Total Liabilities $3,255,126 82.

Funded debt consists of $650,000 first mortgage (Marietta Mineral RR.) 6 per cent. $100,
$500, and $1,000 coupon bonds, dated November 1, 1884, due 1915, interest payable May and
November ; $850,000 (authorized, $1,500,000) first mortgage (Tol. & 0. Cent. Ext.) 5 per cent.
50-year $1,000 coupon bonds, dated November 1, 1888, due 1938, interest payable May and
November. The Marietta Mineral Ists are secured on 45 miles of road, and the consolidated
bonds on 60 miles. Of the latter, $650,000 are held to pay off the prior bonds at maturity.

Annual meeting, second Wednesday in January, at Marietta, 0. ; books close ten days
previously. Trustees of bonds : Marietta Mineral first mortgage, Farmers' Loan and Trust
Co., New York, N. Y.; Tol. & Ohio Cent. Ext. first mortgage, Knickerbocker Trust Co., New
York, N. Y.

Directors (elected January 11, 1892).— T. D. Dale, A. D. Follett, C. E. Gard, Marietta,
0.; E. Summerfield, Chicago, 111.; Chas. B. Ludwig, New York, N. Y.

E. SUMMERFIELD, President Chicago, 111.

Chas. B. Ludwig, Vice- President New York, N. Y.

Secretary— A.. D. Follett Marietta, O. | Treasurer and Gen. Man.—T. D. Dale Marietta, O.

Auditor— Y. L. Alexander Marietta, O.

PRINCIPAL OFFICE AND ADDRESS Marietta, O.

TOLEDO AND SOUTH HAVEN RAILWAY COMPANY.

Line of Road. — Lawton, Mich. , to South Haven, Mich 36.6 miles.

Sidings, 1.20 miles. Gauge, 3 ft. Rail, 30 and 56 Ibs. per yard.

History. — Consolidation in 1887 of the Toledo and South Haven RR. Co., whose line
extended from Paw Paw, Mich., to Hartford, Mich., 15.6 miles, and the Paw Paw RR. Co.,
with a line from Paw Paw to Lawton, 4 miles. During the year 1887, an extension of the
road was constructed from Hartford to South Haven, where connection is made with boats
running to Chicago. The whole line was opened throughout, August 1, 1887. (See MANUAL
for 1887.) Receiver appointed June 12, 1890, on the petition of the Farmers' Loan and Trust
Co., New York. In February, 1892, a decree of foreclosure was entered by the U. S. Circuit
Court at Grand Rapids, Mich., in the suit of the Farmers' Loan and Trust Co., of New York,
against this company.

POOR'S MANUAL OF RAILROADS. 987

Rolling Stock. — Locomotive engines, 3. Cars — passenger, 2 ; baggage, mail, and ex-
press, 2 ; freight (box, 12 ; platform, 16), 28 ; other, 13— total cars, 45.

Operations for year ending December 31, 1891. — Train mileage — passenger, 28,170;
mixed, 23,162— total, 51,332 miles. Passengers carried, 41,932 ; carried one mile, 461,250.
Tons freight moved, 10,134 ; moved one mile, 222,948. Earnings— passenger, $13,837.50 ;
freight, $10,353.23 ; mail, $1,756.08 ; express, $1.091.18— total ($738.74 per mile), $27,037.99.
Operating expenses and taxes, $19,940.38. Net earnings, $7,097.61.

Financial Statement, December 31, 1891.— Capital stock (par, $100), authorized, $250,-
000 ; paid in, $242,500; funded debt (1st mortgage 6 per cent, bonds, due 1997, interest pay-
able iii New York. N. Y.), $216,000 ; unpaid interest, $540.76 ; profit and loss, $6,556.85—
total, $465,597.61. Contra : Cost of road and equipment, $279,019.52 ; construciion account,
$1,261.18; bills receivable, $406.62 ; (J. S. mail, $532.82 ; cash, $4,896.99— total, $286,117.13.

Annual meeting, second Tuesday in October.

Directors. — R. B. Dodson, Charles D. Backus, W. G. Snow, William Nevins. Jr., New
York, N. Y.; John Ihling, Lawton, Mich.; H. W. Williams, C. J. Monroe, South Haven,
Mich.

JOHN IHLING, Receiver and General Manager .Lawton, Mich.

R. B. DODSON, President and Treasurer New York, N. Y.

Vice-Prffident—C. J. Monroe South Haven, Mich, j Secretary— W. G. Snow Xe\v York. N. Y.

PRINCIPAL OFFICE AND ADDRESS Lawtou, Mich.

TOLEDO, SAGINAW MUSKEGON RAILWAY COMPANY.

Line of Road. — Ashley, Mich., to Muskegon, Mich 90 miles.

Sidings, etc., 9.08 miles. Gauge. 4 ft, 8^ in. Rail (steel, 103.82 miles), 56 ll>s.

History. — Organized January 25, 1886, and road opened August 1, 1888.

Rolling Stock, June 30, 1891. — Locomotive engines/ 6. Cars — passenger, 2; baggage,
mail, etc., 4 ; freight (box, 80 ; platform, 52 ; caboose, 2), 134— total cars, 140.

Operations for year ending June 30, 1891. — Train mileage — passenger, 89,331 ; freight,
72,676 ; other, 43,180— total, 205,187 miles. Passengers carried, 58,071 ; carried one mile,
1,323,191 ; average mile rate, 2.66 cents. Tons freight moved, 98,584 ; moved one mile,
5,059,273 ; average ton-mile rate, 1.73 cents.

Earniugs.— Passenger $35,11675

Freight 87,697 50

Mail 4:531 70

Express 378 18

Total ($1,330.46 per mile) ... ... $127,7:24 13

Expenses.-Transportation $52,039 62

Motive Power and Cars 11,577 87

Maintenance Way and Buildings 25,118 18

.General 15.660 40

Total ($1,087.46 per mile) $104,396 07

Net earnings (18.26 per cent.), $23,328.06. Add amount received under traffic agree-
ment with the Grand Trunk, and Chicago and Grand Trunk Rys., $41,919.13 — total available
revenue, $65,247.19. Payments : Interest on bonds, $78,000; taxes, $2,299.45— total, $80,-
299.45. Balance, deficit, $15,052,26. Deficit from last year, $86,450.22— total, $101,502.48.

Financial Statement, June 30, 1891.— Capital stock (par, $100), §1,600,000 ; funded debt,
1st mortgage 5 per cent. 30-year $1,000 coupon bonds, due July 1, 1918, interest payable
January and July, $1,560,000 : current accounts, $129,129.04— total, $3,289,129.04. Contra :
Cost of road and equipment, $3,160,000 ; material:-;, fuel, etc., $12,705.55 ; current accounts,
$10,516.52 ; cash, $4,404.49; profit and loss, $101,502.48— total, $3,289,129.04.

Annual meeting, second Wednesday in April, at Detroit, Mich. Trustees of bonds:
Alexander W. Scott, Toledo, 0.; Elijah W. Meddaugh, Detroit, Mich. The bonds have a
traffic guarantee from the Grand Trunk and the Chicago and Grand Trunk Ry. Cos. ; author-
ized amount, $1,734,000, and $17,000 per mile of addition to main track. Interest on bonds
is payable in New York. Registrar of stock, James H. Muir, Secretary of the company,
Detroit, Mich.

Directors felected April 18, 1892).— L. J. Seargeant, Montreal, Que.; W. J. Spicer, A.

988 POOR'S MANUAL OF RAILROADS.

B. Maynard, E. W. Meddaugh, F. E. Rankin, L. C. Stanley, George Masson, Detroit, Mich. ;

C. Jesse Church, E. Middleton, Greenville, Mich.; Henry Howard, Port Huron, Mich.; Ly-
man G. Mason, Muskegon, Mich.

LEWIS J. SEARGEA.NT, President Montreal, Que.

Vice-Pres. & Gen. Jfgr.—W. J- Spicer Detroit, Mich. | Secretary and Treas.—S. H. Mulr . . . .Detroit, Mich.

PRINCIPAL OFFICE AND ADDRESS Detroit, Mich.

TOLEDO, ST, LOUIS AND KANSAS CITY RAILROAD COMPANY.

Line of Road.— Toledo, 0., to East St. Louis, 111 450.72 miles.

Sidings, etc., 70.80 miles. Gauge, 4 ft. 8£ in. Rail (steel), 61 } Ibs.

History.— Organized June 12, 1886, by the purchasers of the Main Line and the St. Louis
Divisions of the Toledo, Cincinnati and St. Louis Railroad, which were sold under foreclosure
December 30, 1885.

Rolling Stock, December 31, 1891. — Locomotive engines, 77. Cars — passenger, 17 ; bag-
gage, mail, and express, 7 ; freight (box, 2,830 ; platform, 400 ; stock, 100 ; coal, 300 ;
caboose, 43), 3,673 ; other cars, 3— total cars, 3,700. Of this equipment 10 locomotives, 2
passenger, 1,930 box, 50 stock, 200 platform, 100 coal, 10 caboose, and 2 other cars are
leased.

Operations for year ending December 31, 1891.— Train mileage— passenger, 617,361 ;
freight, 1,395,827 ; other, 32,731— total, 2,045,919 miles. Passengers carried, 378,584 ; car-
ried one mile, 13,624,316 ; average mile rate, 1.90 cents. Tons freight moved, 1,470,922 ;
moved one mile, 328,989.854 ; average ton-mile rate, 0.50 cent.

Earnings.— Passenger $258,660 60

Freight 1,659,015 59

Mail 23,259 82

Express 37,026 82

Miscellaneous 1,71450

Total ($4,390.04 per mile) $1,979,67? 33

Expenses.— Transportation $773,348 02

Motive Power and Carb 142,781 00

Maintenance Way & Buildings. 219,749 31

General . . 227,835 43

Total ($3,025.64 per mile) $1,363,714 66

Net earnings (31.12 per cent.), $615,962.67. Paid interest on bonds, $531,666.67 ; taxes,
$66,000— total, $597,666.67. Balance, surplus, $18,296.

General Balance Sheet, December 31, 1891.

Cost of Road $24,255,00000

Cost of Rolling Stock 1 ,785,731 90

Real Estate and Buildings 37,850 53

Materials and Fuel on Hand 50,110 40

Current Accounts. . . 462,281 32

Common Stock Paid in $11,250,000 00

Preferred Stock Paid in 5,805,000 00

Funded Debt Outstanding 9,000,000 00

Bill* Payable 573,438 74

Current Accounts .. 339,401 15

Cash on Hand 70,083 50 | Accrued Interest on Funded Debt 60,453 78

Equipment Leases 385,53202 Profit and Loss 18,29600

TotalAesets $27,046,589 67 ' Total Liabilities $27,046,58967

The funded debt consists of first mortgage 6 per cent. 30-year $1,000 gold coupon bonds,
due June 1, 1916, interest payable June and December. Principal and interest payable in
gold at the agency of the company in New York. The bonds are tax free and are transferable
by delivery, or by transfer on the books of the company in the city of New York, after a
registration of ownership certified thereon by the transfer agent of the company. Power is
reserved by the company, on giving six months' notice on any coupon day, to redeem the
entire series at 105 and accrued interest.

The bonds were issued to trustees, and delivered as the road was reconstructed and new
equipment provided, The preferred stock is a lien on net earnings after first mortgage
bonds. It is entitled to 4 percent, after January 1, 1888, payable semi-annually, but not
cumulative, coupons representing unearned interest to be surrendered on payment of a sub-
sequent maturing coupon. The company can create no other mortgage on its main line,
nor increase the issue of preferred certificates, without the consent of two-thirds of the
preferred stock, present at a meeting to be called for that purpose.

989

990 POOR'S MANUAL OF RAILROADS.

Annual meeting, second Wednesday in September, at Toledo, 0. Books close for annual
meeting at least ten days previously. Voting power attaches to stock after ten days' ownei-
ship. Preferred coupon stock not entitled to vote. Registrar of stock and trustee of bonds,
Farmers' Loan and Trust Co., New York. The New York Stock Exchange, on August 16,
1890, listed $8,000,000 first mortgage bonds, being the amount then outstanding, and on
April 26, 1892, listed the remaining $1,000,000.

Directors (elected September 9, 1891). — James M. Quigley, W. Howard Gilder, Joseph
S. Stout, Robert Harris, Robert G. Ingersoll, F. L. Russ, S. H. Kneeland, Randolph F. Purdy,
J. 0. Osgood, New York, N. Y. ; Clarence Brown, Samuel R. Callaway, Toledo, O. ; F. J.
Sawyer, Buffalo, N. Y.

S. R. CALLAWAY, President and General Manager Toledo, 0.

Treasurer— W. Howard Gilder New York, N. Y. I Auditor— D. D. Davis Toledo, O.

Secretary— N.. L. Crowell " " | Transfer Clerk— John C. Mowbray . . .New York, N. Y.

PKINCIPAL OFFICE AND ADDRESS Toledo, 0.

Ofnt S6Cretary'S °ffiCe •-•• *± ™ St., New York, N. Y.

ULTIMA THULE, ARKADELPHIA AND MISSISSIPPI RAILWAY

COMPANY.

Line of Road. — Daleville, Ark., to Pine Grove, Ark 27 miles.

Gauge, 4 ft. 8£ in. Rail (steel), 25 Ibs.

History. — Chartered December 17, 1887; road completed as above in 1891.

Rolling* Stock. — Locomotive engines, 2. Cars — passenger, 1 ; baggage, etc., 1 ; freight,
40 ; other, 3 — total cars, 45.

Operations for year ending December 31, 1890. — Passengers carried, 4,351. Tons freight
moved, 27,475. Earnings— passenger, $3,212.50; other, $33,420.75— total, $36,633.25.
Expenses and taxes, $27,820. Net earnings, $8,813.25.

Financial Statement.— Capital stock (authorized, $1,500,000 ; par, $100) subscribed and
paid in, $150,000 ; other liabilities, $68,000— total, $218,000. Contra : Cost of road and
equipment, $125,000.

Annual meeting, first Monday in February.

Directors. — W. Grayson, O. G. Schulenburg, L. Werner, St. Louis, Mo.; R. W. Huie,
J. R. Dale, Arkadelphia, Ark.

M. GBAYSON, President St. Louis, Mo.

L. Werner, Vice-President St. Louis, Mo.

Sec. & Treas.—O. G. Schulenburg Arkadelphia, Pa. | General Manager— R. W. Huie Arkadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS Arkadelphia, Ark.

UNION PACIFIC RAILWAY COMPANY.
Lines of Road :

Union Division : Council Bluffs, la., to Ogden, Utah 1,042.93 miles.

Kansas Division : Kansas City, Mo., to Denver, Col 642.94 miles.

Cheyenne Division : Denver, Col., to Cheyenne, Wyo 106.08 miles.

Leavenworth Branch : Leaven worth, Kan., to Lawrence, Kan 31.93 miles.

Total length of consolidated line 1,823.88 miles.

Subsidiary lines — see subjoined statements 5,850.23 miles.

Total length of all lines December 31, 1891 7,674.11 miles.

2d track, 17.25 ; sidings, etc., 642.75 m. Gauge, 4 ft. 8£ in. Rail (steel, 1,823.78 m.), aver-
age, 56 Ibs.

History.— Consolidation, January 24, 1880, of the Union Pacific RR. Co., the Kansas
Pacific Ry. Co., and the Denver Pacific Ry. and Telegraph Co. (See MANUAL for 1888, page
881.)

991

992

POOR'S MANUAL — UNION PACIFIC BY. CO.

Rolling Stock, December 31, 1891. — Locomotive engines: Standard gauge: (U. P.,
533 ; O. & R. V, 18 ; U. P., D. & G., 85; U. P., L. & C., 20; O. S. L. & U. N., 123 ; 0. R. &
N. Co., 100 ; O. Ry. Ext. Co., 4 ; St. J. & G. L, 25 ; K. C. & 0., 10 ; F. W. & D. C., 32), 950 ;.
Narrow gauge (K. C., 5 ; D., L. & G., 63; U. P. D., & G., 9 ; E. & P. C., 2 ; O. S. L. & U. N.,
7 ; 0. R, & N. Co., 3), 89— total (standard gauge, 950 ; narrow gauge, 89), 1,039. In addition
to the foregoing there are 15 standard gauge and 12 narrow-gauge " vacancies," the cost of
replacing which with new locomotives has already been charged to operating expenses.
Cars as follows :

PASSENGER EQUIPMENT.

PH*
. >>

PP3

67
13
25
114
9
22

P^l

°I

FKEKJHT
EQUIPMENT.

&

4
•-1

ROAD AND
MISCELLANEOUS.

^

_-

26
13
16
6
41
6
18
6

~132

rijj

£>">»
co

101
20
61

10
51
8
18
8
1

Pullman Sleepers
Dining Cars

67

13

63
253
14

40
3
8
•M
1<)
50
72
4-3
14
44
19
20
24

Fruit (Passenger) . .
i Fruit (Freight)
Caboose

179
606
210
5,074
733
419
421
1,683
15
186
1
28
1,001
88

179
606
449
11,340
1,176
467
1,541
6,281
15
423
1
28
3,009
92
26

Outfit (Boarding)...
Derrick
Wrecking Tool
Pile Driver
, Water and Tank... .
Plough and Scraper .
.Construction Flat. . .

Chair Cars. .

Coaches (First Class)
Coaches (Second Class) . . .

Box
Furniture
Refrigerator
Flat

Coach and Baggage
Coach, Baggage and Mail
Coach and Mail

Coal

Coaches Excursion

Coal Hoppers
• Coal Dump
: Side Chute Ore....
Stone Dump
Stock
Combination (Stock)
Extra Trucks

jDitcher
Total

Emigrant Sleepers
Association Emigrant Sleepers
Bao^a^e

18
48
45
18
12
17
8
3
14

Mail

Express
Ba°POrHore Mail and Express

Baggage & Mail, & Mail & Express.
Baggage and Express
Officers1 and Pay

Total

Total

431

10,644

25,633

£78

Total cars on hand, 26,698. There are also 1,230 cars vacant, ( the estimated cost of
replacing which has been charged to expense in advance of renewal. A three-fourths inter-
est in the Pullman sleepers, the Association emigrant sleepers and the dining cars is owned
by the Union Pacific Ry. Co., the balance by the Pullman's Palace Car Co.

Operations for year ending December 31, 1891. — See tabulated statement.

Earnings.— Passenger, General $3,598,022 48

Passenger, Government 89,631 53

Freight, Commercial 13,373.815 45.

Freight, Government 98,929 80

Freight, Company 448,891 18

Mail and Express 1,365,602 29

Miscellaneous. . . 712,785 75

Expenses.— Transportation §4,051.868 98

Motive Power 3,710,851 15

Maintenance of Cars 1,560,151 59

Maintenance of Way 1,585,843 17

Renewal of Rails 37.774 13

General Expenses 404.039 16

Taxes 550,758 60

Total (§10,806.39 per mile) $19,687,738 48 Total ($6,499.56 per mile) $11,841 ,286 78

Net earnings (39.85 per cent.), $7,846.451.70 ; add income from investments, $1,905,443.-
38 ; interest due September 1, 1891, on sinking fund 8s, paid by the trustee thereunder,
$244,720 ; interest on Kansas Pacific consols repaid by the trustees thereunder, $377,100 ;
proceeds miscellaneous land sales, $14,806.13 ; miscellaneous, $54,000— total, $10,442,521.21.
Payments : Interest on bonds, $4.782,230.29 ; discount and. interest, $642,670.41 ; percentage
of earnings due the United States, $1,278,488.82; sinking fund requirements, $708,332.50;
land expenses, Union Division, $31,939.79 ; land taxes, Union Division, $39,682.89 ; discount
on bonds sold, premiums, etc., $977.08 ; loss in operating Denver, Leadville and Gunnison
Ry., $47,852.51 ; amount (estimated) payable St. J. & G. I. RR. Co. under traffic contract,
$260,296.48; amount due U. P., L. & C. Ry., under traffic contract, $116,350.85; amonnt
due U. P., D. & G. Ry. Co. under its traffic contract, $464,089.24 ; profit and loss, $159,220.01
—total, $8.532,130.87. Surplus, $1,910,390.34 ; surplus forward ($9,473,989.82, less discount
on collateral trust 6 per cent, notes issued in settlement of floating debt, $1,385,081.33),
$8,088,308.49— total, $9,998,698.83.

* Includes trust equipment held in trust by the American Loan and Trust Co., Boston, Mass., as security
for equipment trust bonds.

POOR'S MANUAL— UNION PACIFIC BY. CO.

993

General Balance Sheet, December 31, 1891.

Cost of Road and Fixtures $155,303,457 51

Bonds and Stocks other
RR. Cos $43,869,152 67

Adv'ces to Aux. Co.'s, Pay-
able in Stocks and Bonds 2,540,520 06

Bonds and Stocks Steam-
ship, Coal, and other Cos.,
and County Bonds

Miscellaneous Investments.

Bonds and Stocks RR. and
other Cos. in K. P. Con.
Mtg. Trust 3,213,001 00—58,064,119 66

Cash and Current Assets 11,188,824 25

Sinking Fund Balance 3,173.948 70

Fuel, Material, and Stores on Hand 1,766,086 28

Land Contracts, Land Cash, etc 10,442,485 91

7,141,144 46
1,300.301 45

Total Property and Assets $239,9:K -'. -2 • i :

Capital Stock (par, $100) $60,868,500 00

Funded Debt 90,293,635 00

Gov't Sub'y, U. P. RR. Co . $27,236,512 00

Gov't Sub'y, K. P. RR. Co. 6,303,000 00-33,539,512 00

Bal. of Int. Accrued U. S.
Bonds, Sinking Fund de-
ducted 17,405,683 29

Interest accrued not yet due 986,311 68

General Income $9,996,698 83

Inc. used for Skg. Funds. . 6,896,726 10

Land and Trust Income . . . 25,129,147 69

Total Income Acct $42,024,572 62

Bal. of Int. on U. S. Bonds. 5,179,322 28—36,845,250 34

Total Liabilities $239,938,892 31

Statement of funded debt in detail, December 31, 1891 :

DESCRIPTION OF BONDS.

DATE OP BONDS

Amount
Authorized.

Amount
Issued.

•

INTEREST.

Amount
Out-
standing.

Annual
Interest.

Issued.

Payable

Rate.

Payable.

Union Pacific RR. Co. :

S

$

p.c.

$

S

(1) let Mortgage

1866-69

1896-99

27,236,512 00 27.229JOOO 00

6

J. & J. 27.229.000 00

1,633,740 00

i -2 1 Land Grant

1867-69

1887-89

10,400,000 00 10,400,000 00

7

A. &0.

9,00000

(3) Sinking Fund

1873

189S

16,000,000 00; 16,000,000 00 8

M. & S. 6,035,000 00

" 482.80b"66

(4) Omaha Bridge

1871

1896

2,500,000001 2,500,000001 8

A.&O.

882,000 00

70,560 00

(5> Collateral Trust

1879

1904

5.270,00000 5,270,00000

6

J. &J. 3,879,00000! 232,74000

Kansas Pacific Ry. Co. :

(6) 1st Mtge. East Div..

1865

1895

2.240.000 00

2,240.000 00

6

F. &A.

2,240,000 00

134.400 00

(7) 1st Mtge. Mid. Div. .

1866

1896

4.063,000 00

4,063,000 00

6

J. &D.

4,063,000 00

243.780 00

(8) 1st Mtge. Denver Ex

1869

1899

6.500,000 00

6,500,000 00 6

M. & N. 5,886,000 00

353.160 00

(9) 1st Mtge. Leav. Br. .

1866

1896

600,000 00' 600,000 00! 7

M. & N. j 18,00000

1.260 00

il()i Consolidated Mtge..

1879

1919

30.000,000 00 16,455.000 00

6

M. & N. 12,470,000 00

748.200 00

(11) Income (3d Mtge.1) . .

1866

1916

263,70000

263,700 00

7

M. AS.

21,250 00

1,48750

(12) Income. Subord'd . .

1866

1916

4,011,65000

4,011, 650 00

7

M. AS.

19,00000

1.33U 00

(13) 1st Mtge. Chey. Br. .

2,500,000 00

2.500,000 00

4,00000

(14) Denv. Ex. Coup. Cer

iew

1886

1,004,69250

1,003,975 00

7

38500

Union Pacific Rv. Co.:

(15) Trust Bonds

1883

1907

5

J. &D.

4,921,00000' 246.05000

(16) Trust Bonds, reg

1883

1907

5

J. & D.

18,00000

90000

(17) Omaha Bridge Ren . .

1871

1896

5

A. &0.

589,00000

29,450 00

(18) Equip. Trust, "A" '
(.19 (Equip. Trust, "B" t"
(20) Collateral Trust

.1887
1889

iV yrly.
1918

6,000,000 00
1,250,00000

6,000,000 00
734,000 00

5
4*

M. & N.1

430,00000
1.473,000 00
1,814,00000

21.50000
73,650 00
81.630 00

(21) Collateral Trust Notes

1891

1894

6

F. & A.

18,293,000 00

1,097.580 00

2,079,00000; 2,079,00000

90.293.635 00

!

------

NOTE.— The amounts of bonds afloat, only, are given in above statement. The following are owned by the
company, and held by the trustees under the trust indenture of September 4, 1891. as part security for the (i per
cent, collateral trust notes : Omaha Bridge bonds, go,000 ; Denver Extension bonds, $1,000 : Kansas Pacific In-
comes. £1,250 : Omaha Bridge renewal bonds, §145,000; equipment trust bonds, series C. $671,000 ; Kansas Divi-
sion and collateral mortgage bonds, $5,000,000 : collateral trust 4± per cent, bonds, $237,000— total, §0,060,250.
The following are held by the trustees of the Kansas Pacific consolidated mortsa^re : Leavenworth Branch bonds,
8582,000: income bonds. $241,200 : income (subordinated) bonds, $3,992,650; ^Cheyenne Branch bonds, $1,971.-
000 : collateral trust 6 per cent, notes, 3183,000— total, $6,969,850. Amount issued and unpaid December 31, 1891,
$103,823,735. Of the Denver Extension bonds, $1,251.000 : of the Eastern Division. $236,000 : and of the Middle
Division, $282,000, on which the Union Pacific pays interest, are held as investments in the Kansas Pacific Den-
ver Extension sinking fund.

The following is a detailed description of the various issues of bonds as given in above table :

(1) The first mortgage 6s were issued during construction, and are secured on the road from Omaha, Neb., to
a point 5 miles west of Ogden, Utah. 1.034.51 miles, as also upon all equipment on same. They are $1.000 gold
coupon, interest payable at Boston. Mass., and at the office of the Union Trust Co.. New York, N. Y. Trustees :
L. D. Morgan and Oakes Ames. Listed on the New York Stock Exchange ; quoted also at London and Dublin.

(2) The land grant bonds are secured on the same line as the 1st 6s, and are also 1st mortgage on 10.514.789
acres of land. They are $1,000 coupon ; interest payable at New York and Boston ; quoted at London and Dub-
lin. They are redeemable by purchase out of proceeds of sale of mortgaged lands. Trustees : John Duff and

(3) The sinking fund bonds are a third mortgage on the road secured by (a) and (b) bonds, and a second

63

994 POOR'S MANUAL — UNION PACIFIC EY. co.

mortgage on the lands covered \>y the bonds (6). Of the total issue, as above, $5,427,000 are coupon, and $608,000
are registered bonds. They are redeemable September 1, 1893. Principal and interest payable at Boston, Mass
and at the office of the Union Trust Co., New York City. Trustee : Union Trust Co., New York, N. Y. Listed
on the New York Stock Exchange ; also quoted at London and Dublin.

(4) The Omaha Bridge bonds are secured by first mortgage, specially authorized by Act of Congress, on the
bridge across the Missouri from Omaha to Council Bluffs, and approaches thereto, a distance of 3.95 miles. They
are coupon $1,000 or £200 bonds, redeemable in April) 1896, principal and interest at London Agency, or in New
York and Boston, at the option of the holder. They bear the indorsement of the London and San Francisco
Bank. They are quoted at London and Glasgow. Interest is free from government tax. They may be drawn

(5) The collateral trust bonds are limited in issue to 80 per cent, of 1st mortgage bonds of Omaha and Re-
publican Valley, Colorado Central, and Utah and Northern RRs., deposited in trust as security. They are $1,000
coupon bonds, dated July 1, 1879, due in 29 years, interest payable in New York and Boston. Whenever the
trustee has $10,000 in hand they are to purchase these bonds at par and 5 per cent, premium ; to be drawn for
redemption at that price if not offered at par. Trustee : Union Trust Co., New York, N. Y. Listed on the New
York Stock Exchange.

(6) The 1st mortgage Eastern Division (K. P. Ry.) bonds are secured on the line from Kansas City to a point
140 miles west. They are $1,000 gold, each ; principal and interest payable in New York City. Trustees : J. Ed-
gar Thomson, Philadelphia, Pa., and Henry M. Alexander, New York, N. Y. Listed on the New York Stock
Exchange.

(7) The 1st mortgage Middle Division gold bonds are secured on the line from the 140th mile post west
393^6 mile post, a distance of 253JI miles. They are $1,000 each. Principal and interest payable in New York
City. Trustees : J. Edgar Thomson, Philadelphia, Pa., and Adolphus Meier, St. Louis, Mo. Listed on the
New York Stock Exchange.

(8) The Denver Extension bonds are secured by 1st mortgage on the line from 236 miles of road from the
394th mile pole to Denver, Col., and also by first mortgage on 3,000,000 acres of land. They are $1,000 coupon
bonds ; interest free of U. S. tax, payable in New York, London, or Frankfort, at the option of the holder.
Principal payable in New York City. Trustees : J.Edgar Thomson, Philadelphia, Pa.; Adolphus Meier, St.
Louis, Mo., and John A. Stewart, New York, N. Y. Listed on the New York Stock Exchange.

(9) The 1st mortgage Leavenworth Branch bonds are secured on the line from Leavenworth to Lawrence,
Kan., 31.93 miles. Interest payable May 1, and November 1, in currency. They are $1,000 each. Principal and
interest payable in New York City. Trustees : J. Edgar Thomson, Philadelphia, Pa., and Henry M. Alexander,
New York City. Listed on the New York Stock Exchange.

(10) The Kansas Pacific consols are $1,000 gold coupon or registered bonds. They are secured by mortgage
on the line from Kansas City to Denver, and upon the Leavenworth Branch, 674.87 miles in all, subject to the
divisional first mortgages and the government subsidy bonds ; also upon the lands lying west of the 380th mile
post, subordinate to t he Denver Extension bonds. They are a first lien on the lands adjacent to the first 380 miles
of road. They are further secured by deposit in trust of bonds and stocks ($3,160,000 bonds and $1,980,500 stock)
of tributary roads, aggregating 237 miles, and about $2,700,000 in land notes. The authorized issue is $30,000,000,
of which $24,000,000 were reserved for the conversion and consolidation of prior mortgages, and the balance,
together with any surplus of the $24,000,000. lor construction and equipment of new roads. Interest payable at
the office of the Union Trust Co., New York City, and at Boston, Mass. Trustees, Jay Gould and Russell Sage.
Listed on the New York Stock Exchange.

a second

are dated dune 1, 1886 ; mature July 1, 1916. .Principal

3,900 are for $1,000 each ; Nos. 1 to 1,101 are $250 each, and' Nos. 1 to 1,001 are $100 each. Trustees : C. A. Gree-

ley, and Adolphus Meier, St. Louis, Mo. Listed on the New York Stock Exchange.

(15 and 16) The collateral trust bonds of 1883 are for $1,000 each ; dated April 2, 1883, due December 1, 1907 ;
interest payable semi-annually in gold. They are limited in issue to 90 per cent, of bonds of the Colorado Central,
Utah and Northern, Omaha and Republican Valley, Utah Southern RR. Ext. Co., Denver, South Park and Pacific
and Kansas Central RRs., deposited in trust as security. These bonds are not a mortgage on any of the railroads,
but are the direct obligation of the company. Trustee, New England Trust Co., Boston, Mass. Listed on the
New York Stock Exchange.

(17) These bonds are $1,000 each, coupon, and are secured on the same property as those marked (4), to
which, however, they are sub ect. Interest payable at the office of the Union Trust Co., New York City. Prin-
cipal due October 1, 1915.

(18 and 19) The equipment bonds are $1,000 each coupon, with privilege of registration. Series " A " bonds
mature ^ yearly in October, and Series "B " -& yearly in April. Interest payable April and October, at the office
of the Union Trust Co. in New York City, and at Boston, Mass.

(20) The collateral trust bonds of 1889 are secured by a deposit in trust of Denver, Leadville and Gunnison
Ry. Co. bonds. The latter bonds are limited as to the 324.54 miles of completed road to $11,000 per mile, and, as
to branches to be constructed or acquired, to $22,200 per mile. These bonds are dated August 1, 1889, due
November 1, 1918 ; interest, payable May 1 and November 1, in Boston, Mass., or in New York, N. Y. They are
$1,000 each, coupon, but may be registered at the company'* office in Boston. Trustee, New England Trust Co.,
Boston, Mass. The principal of the Union Pacific Rjr. Co.'s bonds issued shall not exceed in all $10,000 for every
$11,100 of D., L. & G. Ry. Co.'s bonds in trust. The difference between the interest payable on bonds in tru^t
and interest paid on outstanding U. P. collateral trust bonds constitutes a sinking fund which is to be invested
in bonds, but for which bonds cannot be drawn.

(21) The collateral trust gold notes are part of an authorized issue of $24,000,000. They were issued und«r a
trust indenture, dated September 4, 1891, for the purpose of extinguishing the floating debt. They are secured
by deposit with Drexel, Morgan & Co., of New York, N. Y., trustees, of certain stocks, bonds, notes and miscel-
laneous securities, owned by the company or deposited with it as collateral, and of a par value of $110,113,365.47,
and an estimated value of $41,912,835.53. These notes are for $1,000 each, numbered 1 consecutively. Of the
total amount authorized ($24,000,000) $20,000,000 have been or are to be issued for the refunding or payment of
the floating debt. That portion of the notes not used in providing for the floating debt can only be issued from
time to time hereafter for the purposes of the company, with the approval of the committee hereafter mentioned.
These notes are dated August 1, 1891, and as originally issued are in registered or bearer form for $10,000 each,
but are exchangeable into the engraved coupon notes of like date, and of $1,000 each. All the notes are executed

POOR S MANUAL — UNION PACIFIC RY. CO.

995

under seal by^the company ; are countersigned by Drexel, Morgan & Co ; bear 6 per cent, interest, payable Feb-
ruary 1 and August 1, at the office of Drexel, Morgan & Co., New York City, and principal is payable at the same
address, August 1, 1894, both principal and interest being payable in gold. All the notes of said series of $24,-
000,000 are equally secured and subject to the terms of the indenture of September 4, 1891, between this company
and Drexel, Morgan & Co., as trustees for the holders of said notes, which indenture provides for the administra-
tion of the trusts thereby created under the direction of a committee, consisting of J. Pierpont Morgan, John A.
Stewart. Edward King, Frederick L. Ames, and Alexander E. Orr, with power to add two to their number. The
trust indenture provides that any of the bonds deposited as security for these notes may be sold at any time by
the committee (either with or without default by the railway company), and the stocks and miscellaneous securi-
ties may likewise be sold by the committee, provided, however, that if there is no default by the railway com-
pany, unanimous action by the committee shall be necessary for any sale except of bonds. The railway company
reserves the right to pay all or any part of the notes on thirty days published notice, at par and accrued interest.
In case any securities are sold by the committee, as above explained, notes are to be redeemed either by pur-
chasing or inviting offers at not above par and accrued interest, or by drawing at par and interest, or by pro-rata
payment on all the notes, or otherwise as the committee may direct. Listed on the New York Stock Exchange.

Statement of operations, capital accounts, etc., of the Uiiion Pacific Ry. Co. for seven
years :

1885

1886 1887

1888

1889 1890

:

1891

Miles of Road Operated.
Miles of Track

1,832.45
2,211.95
1,488.00
346
206
79
6,670
333
1,978,322
4,888,313
10,728,340
1,357,6*4
144,800,547
3,183,770
850,278,041

3,979,900
12,070,749
584,718
514,090

305.574

•

1.832.45
2,247.12
1,764.12
357
218
88
7.556
383
2,236,197
4,922,166
11.759,992
1,713,615
194,870.072
3,561,572
966,233,577

4.160.674
12,230.271
587,303

471.778
356,107

1,824.06
2,278.73
1,764.12
385
229
90
7,617
134
2.525.299
5,864,696
13,114.772
2,360,664
200,810.375
3,894,250
1,107,931,910

4.620,113
13,4:36.495
629.061
528,448
331,971

1,824.01
2.238.68
1,798.98
459
271
96
9.457
137
3.258,513
6,469,541
14,748.609
2,609,560
207,710.322
4,025,-221
1,216,056,130

S

4,650.536
13,740,294
630,938
482,239
394,810

1,821.27 ! 1,821.86
2,304.22 2.312.74
1,807.93 1.798.54
487 , 527
302 : 318
97 I 105
10,506 i 10.929
145 i 148
3,383.744 3,999,899
5.717,366 6,615,813
13,739.6.53 15.473.584
2,326.818 1.476.573
201,741,801 204,610,983
4,539,092 4,865,204
1,159,338,019 1,248.727,130
S ' $
4.324.582 4.224,486
13,509,346 14/287,576
622,918 839.927
471,976 370,346
846,734 715,873

1,821.86
2,a81.86
1,823.78
533
314
103
10,644
146
3,819,806
6,552.673
14,490.392
1,180,148
171,727,025
4,659,953
' 1,274, 102,581
S
3,687,654
13.921.636
1,016,755
348,907
712,786

19,687.738
11,841,286

Miles of Steel Rail
Locomotives

Passenger Cars
Baggage, etc., Cars. . . .
Freight Cars

Other Cars
Passenger Train Miles . .
Freight Train Miles. . .
Total Engine Miles
Passengers Carried
Passenger Mileage . ...
Freight (tons) Moved...
Freight (tons) Miles

Passenger Earnings
Freight Earnings
Mail Earnings
Express Earnings
Other Earnings

Gross Earnings
Operating Expenses . . .

Net Earnings .

17.455,031
9,050,355

17,806,133
10,283,426

19,546,088
10,434.202

19,898,817
11.779,349

19,775,556 20,438,208
11,488,816 13,163,449

8,404,676 7,522,707
2,565,112 3,499,182

9,111.886
1,922,777

8,119,468
1,752,887

8,286.680 7,274.759
2,052,723 2,286,914

7,846,452
2,596,069

Other Receipts

Net Income

10,969,788
5.336,267
1,184,053
593,605
511,582

11,021,889
5,197,731
808,033
591,965
141,586

11,034,6631 9,872,355
5,134,566i 5,057,714
1,205,656 1,134,394
587,6701 588,585
507,263| 580,848

10,339,403 9,561,673
5,067,090 4,613.098
1,140,379 1,041,153
745,285 705,459
894,208; 1,315,271

10.442.521
4,782,230
1.278,489
708,332
1,763,080

8,532,131
1,910,390
10,806 39
6.499 56
4,30683
60.15 p. c.
2.15 c.
1.14c.

60,868,500
90,293,635
a3,539.512
17,405,683

986.3i2
36,845,250

Interest on Bonds

Subsidy

Sinking Fund

Other Charges

Total Payments
Balance, Surplus
Gross Earnings per Mile
Gross Expenses per Mile
Net Earnings per Mile . .
Expenses to Earnings . .
Earnings p. Pass. p. Alile
Earnings p. Ton p. Mile

Capital Stock ....
Funded Debt
Subsidy Bonds..
Interest on Same (net)
Floating Debt
Interest Accrued
Profit and Loss

7,625,507
3,344,281
9,525 77
4,939 07
4,586 70
51. 85 p. c.
2.75 c.
1.49 c.
$
60,868,500
81,957,683
33,539,512
15,167,214
1,861,445
774,104
32,111,051

6,739,315
4,282,574

9.717 38
5,61200
1,10538
57.75 p. c.
2.14 c.
1.36 c.

s

60,868,500
81,969,128
33,539.512
15,670.753

7,4:35,155
3,599,508
10,715 71
5,720 32
4,995 30
53. 38 p. c.
2.30 c.
1.72c.

60,868,500
80,180,655
33,539,512
16,363,744

727;469
44,281,706

7,361,541
2,510,814
10,910 51
6,458 62
4,451 89
59. 20 p. c.
2.24 c.
1.17 c.
$
60,868,500
80,459,655
33,539,512
16,866,390

73l',887
48,281,945

7,846,962 7,674.981
2,492,441 1,886,692
10,85752 11,22103
6,307 83 7,227 03
4,549 69 3,994 00
58. 10 p. c. 64. 41 p. c.
2.14 c. 2.06 c.
1.37 c. , 1.21 c.

s s

60,868,500 60.868,500
82,090,585 73,968,885
33,539,512 33,539.512
17,363.254 17.338,742
4.489,564 6,874.942
741,191 539,387
33,496,300 35,880,618

758,493
37,224,574

Total Liabilities
Cost of Property . . .

226,279,509
159,298,919
39,233,527
3,415,280
680,8901
3,215.250;
592,921 1
1,683,432
18,159,290

230,030,960
161,283,688'

35,529,188
5,697,670;
755.750
3,217,250
707,487
2,889,218
18,599,519
1,351,190

235,961,586
162.522,403
42,241,161
• 4,570,428
751,098
3,217,250
883,328
1,632,105
19,742,124
401,689

240,747,889
164,997,?24
40,622,739
2,981,431
764,311
3,217,250
2,064,031
tl, 114,004
19,922,669
5,063,730

232,588,906 229,010,586
155,150,095 157,870,122
48,522,945 46,081,425
1,629,695 3.451,951
1,390,778 i;581,407
3,213,0011 3,213,001
2,389,594' 2,745.037
1,066,317 2.576,046
19,226,483: 11,491,597

239,938,892
155,303,428
51,010,297
2,540,520
1,300,301
3,213,001
3,173,949
1,766,086
10,442,486
11,188,824

Stocks and Bonds
Advances
Other Investments
Stocks & Bonds in Trust
Bonds in Sinking Funds
Materials and Fuel
Land Assets
Cash and Balances

Total Assets .

j

226,279,509

230,030,960

235,961,586

240,747,889

232,588,906) 229,010,585

239,938,892

996

POOR'S MANUAL — UNION PACIFIC RY. CO.

Statement of floating debt and current assets for seven years ending December 31 :

1885

1886

1887

1888 •

1889

1890

1891

Liabilities.
Bills Payable*
Accounts Payable
Pay Rolls and Voucherst
Dividends Unpaid
Coupons Unpaid^

4.115,00000
483,079 48
2,82S,075 25
71,878 02
1,863,01790
50,000 00

$

3,3a5.000 00
416,698 77
2,400.337 01

24.041 02
1,172,76924
22,000 00

$

12,753,884 18
2,781,830 11
3,192,555 41
23,11727
1,378,276 74
32,000 00

10,162,234 09
3,315,124»«t
f,. (500,700 82
18,709 27
1,241.325 lit
20,000 00

$
'iji:»*i,776ii6

3,838.4*18 66
18,709 27
1,251.99049
12,000 00

294.036 09
3,992,746 22
119,807 27
1,262,544 24
96,000 00

886,711 93
3,051,316 5K
24,554 77
1,254,994 24
142,000 00

Called Bonds

Assets.

Cash

8,811,050 65

725,887 15
2,313,918 (50
3,909,79!) 50

5,715,133 82

806,457 90
768. 1 MS 32
5,491,227 33

7,464,443 04

853,796 02
738.. 380 51
6,273,955 62

5,35!).

1,995,77071
1,041,13329
7,386,403 36

20,161,613 71 121,418,094 36

1,383,015 93 433,801 87
590.33695! 355.4173'!
13,698,697 23 13,753,903 59

6,817.
2,002,773 47
i 6,003,9% 19

Company Stock &Bonds
Bills & Acc'ts Rec'vableg

Total
Net Floating Debt
Balance Current Assets.

6,949,605 25

7,066,323 55

7,866,132 15

10,423,307 36 15,672,050 11

14,543,152 76 18,006,769 66

1,861,445 40

4,489,563 60

6,874,941 60

1,351,1*973

40L6S911

5,063,729 84

11,188,*

* This account covered the actual notes of the company on which it was borrowing money, t The i;
in this account, December 31, 1886, is due principally to the registration in 1885 of tax vouchers payable in the
early months of the succeeding year, and vouchers for material to be used in the construction of the Omaha
bridge and extensions of branch lines. \ Includes full amount of coupons due on the following day. § Includes
notes receivable held by the company, open accounts at Omaha against railroad companies and individuals, and
advances to branch lines on current account.

Income received from investments during the years 1891 and 1890 :

NAMES OP SECURITIES.

1891

1890

NAMES OF SierVKiTiES.

1891 1890

Railroad Bond*.
Atch. & Pike's Peak RR. Co.
Colorado Central RR. Co
Denv.. Marsh. &Boul. Ry. Co.
Echo & Park City Ry. Co . . . .
Idaho Central Ry Co

$

^
'"930 00
330,550 OOi
500 00 i
14,400 00
5,640 OOi
3,120 00

City of Wichita, Kansas
City of Junction City. Kansas
Green River Water Works Co.
Union Pacific Coal Co
U. Depot, Co. of SpOKane Falls
Valley Township, Kansas

Total Income from Bonds.
Jiftihrat/ Stock.
Union Pacific Ry. Co

s $

1 539 81 .

318,325 28

450 00
13,386 33 13,446 16
110,950 00
i 15,000 00
20 0 15 00

28,800 00
2,743 50
60 00
5,250 00
64,190 00
360 00
3,625 00
184,288 19
1,755 00
374,045 00
10,665 00

Kan. Pac., Denver Extension.
Kearney & Black Hills Ry. Co.
Omaha & Repub. Val. Ry. Co.
Omaha Bridge

65,870 00
400 00

"418, 792 'l9'
585 00
104.617 30!
8,61? 50
30 00
21.920 00:
309,436 39
68.740 00 1
360 00 |

1,271.695 61 1,384,649 54
*4,485 00

Ore. Sh't L. & Utah N. Rv. Co.
St. L., C. Bluffs & Om.RR.Co.
U. P., Denver & Gulf Ry. Co.
Union Pac. Collat. Trust 4.'s. .
Union Pac. 1st Mtge. 6 p. c. . .
Union Pac. ShuVg FM 8 p. c..
Utah & Northern RR. Co
Utah South'n RR. Co. Exten.
Western Pacific RR. Co
Jlixct-llaneoite Bonds.
Atch. Union Depot & RRCo..
Beatrice Precinct, Nebraska. .
Blue Springs Precinct, Neb. . .

jrixrr//(l/t'f>itx >YO(7,'.s', <tC.

Green River Water Works Co.
Occidental & Oriental SS. Co.
Pacific Express Co
Pullman Association Cars . . .
St. L. & Miss. Val. Trans. Co.
Union Elevator Co., Omaha ..
Union Elevator Co., C. Bluffs.
Union Pacific Coal Co

Total Inc. from St'ks,etc.

Total Inc. from Bds., St'ke
and Other Investments.

13,500 00 . .

100.000 00 100,000 00
192,000 00 144,000 00
227,559 77 233.470 31
3,480 00 C.9CO no
8,100 00 6,480 00
350 00 1,401 00
88,758 00

'147,490*66

"i',086'66

112 50
1,920 00
f,40 00

633,747 77 496,796 31

1,040 00:
640 00

11,905,443 38 tl, 881, 445 85

* Dividend of previous years adjusted and collected in 1890.
t Excluding the income received from the securities held in the Kansas Pacific Consolidated Mortgage Trust,

the trust for the benefit of the mortgage creditors of the Kansas Pacific Railway Company, the Denver Extension
Sinking Fund and the Union Pacific Sinking Fund 8 per cent, trust.

Statement showing the par value of stocks and bonds owned and cost of same, and the
amount of miscellaneous investments, 1885 to 1891 :

Railroad Bonds Owned,
Railroad Stocks Owned.

Total

Cost as p. Balance Sheet,

Miscellaneous Stocks...
Miscellaneous Bonds

Total

Cost to Company

Miscellan. Investments.

1885

1886

1887

1888

1889

1890

1891

1

27,292.500
42,528,2.50

$

22.467,500

48,275, M'»

2i»,430,000

46,975,499

%
26,137,000
47,251,449

S
35,149.000
44,493.4:>2

$

34,727,000

46,687.3W

S
35.358,5(
47,983,20

<J».S20,750
98,864,178

1,293,025
159,000

. B,«74

32,911,776

3,329.825

279,000

76,395,499
39,697,251

&,57»,825

178,000

' 73,388,449
37,753.* 17

3.568,300

6

79,642,452
45,243.172

3.793.300

81,414.399

43. :

8,918s367
529.000

43,86'J,1£
5.506,53

1, 452,0*25
680,891

3,608.825
2,617,412
758,760

3.757,825
8,548,910

751 ,09S

3.655.300
2,668,922
764,811

4.319,300
3,279,771

1.39(1.778

4,444,267
2,904,199

1,581,407

14,061,54
7,141,14

1. 300.31

POOR'S MANUAL — UNION PACIFIC El. CO.

997

Bonds of other railroad companies owned December 81, 1891, and December 31, 1890 :

Rate of

Rate of

1891.

1890.

NAME.

Par.

Interest.

Par Value.

Par Value.

Colorado Central RR Co

1.000

P.C.

4,500,000 00

4,697,000 00

1,000

8

2*2.00000

00 (*>> IX)

Denver Marshall and Boulder Rv C'o

1,000

5

111 CtOU Oil

Denver Leadville and Gunuisou Rv. Co., First Mortgage

1,000

4}

2,308.000 00

2,308,000 00

Echo and Park Cits- Rv C'o

1,000

6

480,00000

480,00000

1 000

6

91 iVKJ (*">

94 (30000

< 'entral RR. Co

1.000

6

1.347,00000

1.347,00000

Kansas Citv and Omaha RR. Co

f 500

i 5

1.595.50000

1.182.500 00

Kearney and Black Hill* Rv Co

/ 1.000
1.000

r 5

10500000

Manhattan, Alma and Bnrlingame Rv. Co
Omaha and Republican Vallev RR Co First Mortora°re

1,000
1,000

6

7

339,00000
1 55700000

339,00000
1 557 000 00

Omaha and Republican Vallev Rv. Co. Consolidated. .

1.000

5

2.401.000 00

2.432.000 00

Omaha and Republican Vallev Rv Co Extension

1,000

5

1.24600000

1 -,'46 000 00

Oregon Short Line and Utah Northern Ry. Co. Consolidated
Oregon Short Line and Utah Northern By. Co. Collateral Trust.

St Loui* Council Bluffs and Omaha RR Co

1,000
j 500
"i 1,000
t 500

5

!- *
i 6

1,827,000 00
4.430.500 00

19,50000

1,811,00000
4.631.000 00

19 500 CO

Union Pacific, Denver and Gulf Ry. Co. Consolidated
Utah and Northern Ry. Co., First 'Mortgage
Utah Southern RR. Co.. First Mort^a^e . .

1 1,000
1.000
1,000
1.000

$

5

7

7.287.000 00
4,420,000 00
389,00<) 00

7.137.00000
4,420,000 00

Utah Southern RR. Co. Extension ~. ....

1,000

982,00000

982,00000

Western Pacific RR Co.

1,000

6

12,000 00

12,00000

Total *35,358.500 00 *34,727,000 00

* Excluding the bonds held by the American Loan and Trust Co., trustee, for the benefit of the mortgage
creditors of the Kansas Pacific Railway Co., and the bonds held by the trustees under the Kansas Pacific Consoli-
dated Mortgage : also excluding $400."000 in Loveland Pass Kiting and Railroad Tunnel Co. bonds, and -
in Nevada Central Railway Co. income bonds, owned by the company, but which have for some years been car-
ried in the accounts at nominal figures only.

Stocks of other railroad companies owned December 31, 1891, and December 31, 1890 :

NAMK.

i1

1891.

1890.

NAME.

•s<

¥

1891.

1890.

Par Value.

Par Value,

Par Value.

Par Value.

Arch..Col.£Pac.RR.Co.
Atch..Jew.Co.&W.Ry.Co.
Carbon Cut-off Ry. Co. .
Cen. Br. U. Pac. RR. Co..
Den., Lead. & Gun. Ry.Co.
Echo i- Park Citv Rv. Co.
Jc.C'y&Ft.Kearri'yRv.Co.
Kansas Central RR. Co...
Kan. City & O. RR. Co...
Kearney & Bl. H. Rv. Co
Lar..X.P.& P.RR.&T.Co.
Lawr. & Emporia Rv. Co.
Leav.. Top. Jc SW. RV. Co.
3Ian..Alma & Burl. Ry.Co.
Montana Rv. Co.

100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100

$
920,30000
105,00000
220.00000
874.200 00
3,000.000 00
480^000 00
44.00000
1.313.40000
1.705.37500
'337,966 91
66.50000
465,00000
550,90000
418,650 00
*420,000 00
425.000 00
50.00000
40.300 00
2.327.50377

104.400 00

? ' 8

Orc.S.Line & Ut.N.Rv.Co. 10014,990,70883 14,999.90333
St. Jo. & Gr. Isl. RR. Co. 100 0,301.50000 2.301.50000
St. Jo. Terminal RR. Co.. 100 05.000 00 23.000 00
Salina & S'western Rv.Co. 100' 231.70000 231,70000
S.Pk.&Lead.Sh.L.RR.Co.i 100' 1.000.00000 1,000,00000
U.Pac..Den.&Gulf Rv.Co. lOOi 13.251. 880 00 13.250.S4 7 00
U.Pac.JJBC.A Col.By.Co.l 100; 1,997,80000 1.0P7.^x)00
U.Pac. .feWest. Col. Ry.Co. 100 400.50000 400. "00 00

220,00066
858,80000
3.000.000 00
480,000 OOi
44.00000
1.313.40000
1.725.37500.

""66.56066'

465.000 00
.550,900 OOi
418,650 00
*420.000 00
405.000 00

tsoooo

40,300001

2,30:

Total

47,983,201 01

35.358.500 00
47,983.201 01

$46,687,399 10

34.727.000 00
46.687,399 10

SUMMARY.
Par Value of Bonds

Par Value of Stocks
Total Par Value
Cost as per Balance Sheet.

Montana Union Rv. Co.. .
Nevada Pacific Rv. Co
Omaha & Elk. Val. Ry. Co.
Ouia.& Repub.Val.Ry.Co.

83.341.701 Olj 81,414.3'. 9 10

43,869,152 67

43.177.006 17

* Seventy per cent, paid in on $1500.000. t Ten per cent, paid in on $3,000. % Excluding $9,100 in stock of
e Colorado Western Railroad Co., $'3.000 in stock of the Gray's Peak, Snake River and Leadville Railroad C'o..
S4300 in stoek of the Loveland Pass Mining and Railroad Tunnel Co.. and $959,500 in stock of Nevada Central
Railway Co., owned by the company, but which for some years have been carried in the accounts at nominal fig-
ures only.

HbcdltmeoH&lnve*trnent*i Union Pn^nc Ry. C'o.. December 31, 1891.— Pullman's Palace Cars. «912 371 64-
miscellaneous lands, $148.500.34 : Laramie Soda Works and Soda Deposits. $103.037.56 : Pacific Express Co.
re-en-e fund, $70.000 : Pacific Hotel Department. $69.191.91— total, $1,300.301.45.

Mbaiaaneotu Boi.'i* Owned, Union Pacifr Ry. fo.. December 31, 1891.— Atchison Union Depot and Railroad

Co. 5s, $4,500 : City of Junction City. Davis County. Kan., bonds. 6*. $5.000 : City of Wichita, Kan , 6s. $41 029 -

Green River Water Works Co. 6s. §233.000 : Northern Pacific Terminal Co. 6s, $200,000 ; Ogden Union Ry.

and Depot Co.. $163,000 : Rattlesnake Creek Water Co. 6s. $130.000 : Union Depot Co.. Spokane Falls, Washino--

ton os, $300.000 ; Union Pacific Co. 5s, $4.438,000— total, $5.506,509.66.

998

POOR'S MANUAL — UNION PACIFIC RY. CO.

Miscellaneous Stocks Owned, Union Pacific Ry. Co., December 31, 1891.— Bozeman Coal Co., $96,000 ; Green
River Water Works Co., $325,000 ; Morrison Stone, Lime & Town Co., $100,000 ; Occidental and Oriental Steam-
ship Co. ($5,000,000 subscribed, 3 p. c. paid), $150,000 ; Ogden Union Railway & Depot Co. ($25,000 subscribed,
10 p. c. paid), $2,500; Pacific Express Co., $2,400,000 ; Rattlesnake Creek Water Co., $66,300 ; St. Louis & Miss-
issippi Valley Transportation Co., $116,000; Salt Lake Foundry & Manufacturing Co., $67; Union Coal Co.,
$315,100 ; Union Depot & Railroad Co.. Denver, $240.000 ; Union Depot Co., Kansas City, $21,000 ; Union Ele-
vator Co., Council Bluffs, $46.700: Union Elevator Co.. Omaha, $81,000; Union Pacific Coal Co., $4,437,900;
Union Pacific Ry. Co., $177,450 : Wood River Improvement Co. ($100,000 subscribed, 80 p. c. paid), $80,000—
total, $8,555,017.

Summary.— Par value of bonds, $5,506.529.66 ; par value of stocks, $8.555,017— total par value, $14,061,546.66.
Cost of same, as per balance sheet, $7.141,144.46.

NOTE.— The total of miscellaneous stocks is exclusive of $7,950 in stock of the Weetern National Fair Asso-
ciation, $250,000 in stock of the Kansas Carbon Co., $230.000 in stock of the Kansas and Eastern Railroad Con-
struction Co., certificate of membership in Denver Chamber of Commerce and Board of Trade, and $5.000 in stock
of the Nevada Improvement Co., owned by the company, but which are carried in the accounts at nominal figures
only.

Bonds of other companies owned by the Union Pacific Ry. Co., held in trust for the pur-
poses specified :

NAME OF SECURITIES.

•§»*

I|Jj

111
P

o^_

111

§1|

"""'tH

|ll

Bonds held in Trust
by the Trustee un-
der the Kan. Pac.
Consolid. Mtge.

Bds.held in Trust for
the Benefit of the
Mtge. Cred. of the
Kan. Pac. Ry. Co.t

Total.

Colorado Central RR. Co. 7 per cent. Bonds. . . .
Denver & Boulder Valley RR. Prop

1,845,000

S
1,835,000

8

$
550,660

197,000

$
3,277,000
550,000
2,278,000
60,000
970,000
171,000
30,000
465,000
1,516,000
2,546,000
540,000
575,000
43,000
74,000
4,067,000
83,000

Den., Ldv. & Gun. Ry. Co. 44- p. c. Bonds
Golden, Boul. & Car. Ry. Co. 8 p. c. Bonds. .

2.278,000

60.000
970,000

Junct. C. & Ft. Kear. Ry. Co. 7 p. c. Bonds

Junct. C. & Ft. Kear. Ry. Co. 5 p. c. Bonds. .

171.000
30,000

Kansas Pac. Consol. Mtge. 6 p. c. Bonds
Lawrence & Emp Rv Co 6 p. c Bonds

465,000

Omaha & Rep. Val. RR. Co. 7 p. c. Bonds
Omaha & Rep. Val. Ry. Co. 5 p. c. Bonds

911,000

605,000
1,910.000

636,000

Salina & Southw. Ry . Co. 6 p. c. Bonds

540,000

Solomon RR. Co. 6 p. c. Bonds

575,000

U. P., Den. & Gulf Ry. Co. 5 p. c. Bonds

43,000
74,000

U. P., Line. & Col. Ry. Co. 5 p. c. Bonds . . .

Utah & Northern Ry. Co. 7 p. c. Bonds
Utah South. RR Co. Ext. 7 p. c. Bonds

2,093,000

1,!»47.000
S3 000

Total

3,160,000

4,849,000

5,807,000

2,278,000

1,151,000

17,245,000

* Included in the balance sheet tinder " Investments, Bonds and Stocks of other Railroad Companies.1"
t Included in the balance sheet under " Sinking Fund Balances.'"

NOTE. — The foregoing does not include the bonds held in trust under the trust indenture of September 4,
1891, as part security for the 6 per cent, collateral trust notes.

Stocks of other companies owned by the Union Pacific Ry. Co., held in trust by the
trustees under the Kansas Pacific consolidated mortgage : Golden, Boulder & Caribou Ry.
Co., $60,000 ; Junction City & Fort Kearney Ry. Co., $720,000 ; National Land Co., $200,000 ;
Solomon Railroad Co. (par value, $50), $1,000,500— total, $1,980,500 ; excluding $17,000 in
stock of the Denver and Boulder Valley RR. Co., carried in the accounts at a merely nominal
figure.

Bonds held in the Denver Extension Sinking Fund, December 31, 1891. — Denver Extension
6 per cent, bonds, $1,251,000 ; Eastern Division 6 per cent, bonds, $236,000; Middle Division
6 per cent, bonds, $282,OUO— total, $1,769,000.

GOVERNMENT SINKING FUND. — Under the Act incorporating the company, it was re-
quired to pay over to the government 5 per cent of its net earnings ; and also one-half of the
charges on accouut of the government transportation. By an Act of Congress, known as the
Thurman Bill, passed May 7, 1878. it was provided that

" There shall be carried to the credit of the said sinking fund, on the first day in February in each year, the
one-half of the compensation for services hereinbefore named, rendered for the government by the said Union
Pacific RR. Co. not applied in liquidation of interest ; and in addition thereto the said company shall, on said
day in each year, pay into the treasury, to the credit of said sinking fund, the sum of $850,000, or as much thereof
as shall be necessary to make the 5 per centum of the net earnings of its said road payable to the United States
under said Act of 1862, and the whole sum earned by it, as compensation for services rendered for the United
States, together with the sum by this section required to be paid, amount in the aggregate to 25 per centum of the
whole net earnings of railroad company, ascertained and defined as hereinbefore provided, for the year ending
on the 31st day of December next preceding."

POOR'S MANUAL— UNION PACIFIC RY. CO.

999

Sinking fund of the Union Pacific RR. Co., established under the Thurinan Act, in the
treasury of the United States, Decembar 31, 1891 and 1890 :

Dec. 31, 1891.

Dec. 31, 1890.

Increase.

Amount withheld for Transportation Services, and carried to
the Credit of the Sinkin01 Fund

9

8,370,993 59

S
7,709.600 93

$
661,392 66

1 421 714 46

1 4-J1 714 46

Interest collected on Bond* held in the Sinkin0' Fund

2,481,417 14

1.U74.177 14

507,240 00

Total
Application of Above —
United States 4 p c Bonds

12,274,125 19

11,105,492 53
666.900 00

1,168,632 66
dec. 666.900 00

United States* (J p c. Bonds

235,000 00

1. 043.000 00

dec. 808,000 00

Union Pacific First Mort^a^e 6 p c Bond1*

4.758 000 00

3.584.000 00

1,219,000 00

Atchison ife Pike's Peak First Mortgage 6 p. c. Bonds

857,000 00

755.000 00

102,000 00

Central Pacific Fir^t Mortgage 6 p c Bond-*

2 790 000 00

2 077 000 00

713,000 00

Kansas Pacific, Eastern Division. First Mtge. 6 p. c. Bonds .
Kansas Pacific. Middle Division. First Mortgage 6 p. c. Bonds
Sioux Citv & Pacific First Mortgage 6 p. c. Bonds
Western Pacific First Mortgage 6 p. c. Bonds

188,00000
697,000 00
643,500 00
198,00000

81,000 00
507.000 00
612,500 00
92,000 00

107,000 00
190,000 00
31,000 00
106,000 00

Total Bonds at par

10,361,500 00

9.368.400 00

993,100 00

Premiums paid on Bonds bought for the Sinking Fund

1,729,296 04

1,716.439 33

12,856 71

Balance in the Sinkin^ Fund uninvested .... ....

183 329 15

20,653 20

162,675 95

Total . . .

12.374,125 19

11,105.492 53

1,168,632 66

Statement of Fund relating to the Union Pacific RR. Co. Sinking Fund 8 per cent,
bonds.— Amount of bonds issued, $16,000,000. Cancelled to December 31, 1890, $9,410.000 ;
cancelled during 1891, $564,000— total, $9,974,000. Amount outstanding December 31, 1891,
$6,056,000. Amount of contracts on hand and cash in hands of the trustees, excluding the
amount required to pay outstanding Land Grant bonds, $5,453,439.20 ; sinking fund in hands
of the Union Trust Co., trustee, uninvested, $201,328.76— total, $5,654,767.96. Balance,
$371,232.04. Estimated amount of interest to accrue on outstanding land contracts, $1,150,-
000. Estimated surplus, excluding the value of the lands unsold, $778,767.96.

Statement of sinking fund balances, Union Pacific Ry. Co., December 31, 1891 and 1890 :

1891

1890

Increase.

Decrease.

Union Pacific 8 per cent. Sinking Fund

C;

201,328 76

140,068 58

61,260 18

$

Union Pacific 5 per cent. Collateral Trust

61,385 83

63048 67

1 662 84

Union Pacific 4J per cent. Collateral Trust

340 20

435 40

93 18

Mortgage Creditors. Kansas Pacific Railway Co

1.140.597 35

1,083.460 42

57,136 93

Kansas Pacific, Denver Extension

1,458,024 07

312,270 47

Total .

3 173 048 70

•> 745 037 14

428 911 56

Land Department. — The sales from the Union Pacific RR. grant in 1891 amounted to
94,162.34 acres for $173,453.34, or $1.83 per acre. Number of purchasers, 141 ; average for
each, 667.82 acres. Contracts cancelled during the year, 33,087.82 acres, amounting to
$85,907.89. Excess of sales over cancellation, 61,074.52 acres, representing $87,545.45.
Sales of town lots ($13,197.86; less cancelled, $4,175). $9.022.86; interest received on land
and town lot contracts, $215,617.42 ; payments forfeited on cancelled contracts, $12,893.29;
receipts from other sources, interest, etc., $21,425.05— total, $346,504.07. Payments : Com-
missions, etc., $7,203.38 ; premium on U. P. sinking fund bonds bought by the trustee, $53,-
864.93— total, $61,068.31. Net proceeds Union Pacific land grant, $285,435.76.

Land and Trust Income, 1891. — Xet proceeds Union Pacific land grant as per preceding
statement, $285,435.76 ; net proceeds Kansas Pacific and Denver Pacific land grants, $132,-
447.98; income from trust investments, $147,918.89— total, $565,802.63. Deduct amount
paid by tbe trustees of the Kansas Pacific consolidated mortgage on account of interest on
consolidated mortgage bonds, $377,100 ; and amount paid by trustee of the Union Pacific
sinking fund 8s for interest and sinking fund payments, due September 1, 1891, $298,720 —
total, $675,820. Deficit, $110,017.37. Surplus forward, $25,239,165.06. Xet surplus, $25,-
129,147.69.

1000 POOR'S MANUAL — UNION PACIFIC SYSTEM.

Estimate of unsold lands on hand, December 31, 1891 :

*
ACF

>E9.

LAND GBANT.

Arid Lands.

Grazing
Lands.

Agricultur'l
Lands.

Total.

ESTIMATED
VALUB.

Union Pacific Railroad.
In Nebraska

35,000

22000

57 000

215 000 00

In Wyoming, Utah, and Colorado

800000

2 129 000

2 929 000

2 129 000 00

Total

800,000

2,164,000

22,000

2 986 000

2,344 000 00

Kansas Pacific Railroad.
In Kansas, East of the 394th Mile Post
In Kansas, West of the 394th Mile Post

365,000
344 000

365,000
344 000

2,190,00000
1 548 000 00

In Colorado, Denver Extension Mortgage
In Colorado, Denver Pacific Mortgage

1.534,000

283 000

568,000
70 000

2,102,000
353 000

5.340,000 00
1 022 500 00

Total

1 817 000

1 347000

3 164 000

10 100 500 00

Grand Totals

800 000

3 981 000

1 369 000

6 150 000

12 444 500 00

Coal Department. — The following statement shows the operations of the Union Pacific
By. CO.'B coal department for 1891 :

MINE.

Tons Mined and
Sold.

Gross
Earnings.

More.

Expenses
(Including
Taxes).

Surplus
Earnings.

Rock Springs

Tons. Ibs.
818,656
173,372 1,800
16,820 1,700
190,858 800
143,819 1,500
63,121 400
47,403 600
14,339 700

1,110,050 18
227,758 58
29,690 54
244,530 62
194,602 62
115,360 95
132,461 12
27,789 01

Rock Springs

922,432 58
216,758 96
31,073 33
221,138 35
183,486 19
69,707 89
130,220 02
26,011 96

187,617 60
10,999 62
def. 1,38279
' 23,39227
11,116 43
45,653 06
2,241 10
1,777 05

Carbon

Carbon

Dana

Dana

Hanna

Hanna
Almy
Pleasant Valley
Como

Almy

Pleasant Valley

Como

Baldwin
Total

Baldwin .

Total

* 1,468,391 1,500

2,082,243 62

1,800,829 28

281,414 34

* There were mined under royalties 19,742 tons 1,320 Ibs. coal, making total tons mined from Union Pacific
Coal Co. lands in 1891, 1,488;134 tons 820 Iba.

Average price per ton, $1,418 ; average cost per ton, $1,226 ; average profit per ton,
$0.192.

The Union Pacific System.

The Union Pacific system is composed of the roads of the Union Pacific R-y. Co. (1,821.86
miles) and auxiliary lines (5,850.23 miles), a total of 7,672.09 miles.
Approximate composition of track, December 31, 1891 :

DIVISION.

Mile-
age.

Total
Iron.

Miles.

Total
Steel.
Miles.

DIVISION.

Mile-
age.

Total
Iron.

Miles.

Total
Steel.
Miles.

Union Division .

1 042 93

8.85

1.040.68

Oregon Short Line and Utah )

Kansas Division.

642 94

3.03

639 91

1 Northern Ry f

1,424.84

290.83

1,134.01

Leavenworth Branch
Cheyenne Division

31.93
104 06

10.05

21.88
104 06

| Oregon Ry. & Nav. Rail Lines
!St Joseph & Grand Isl'd RR.

1,059.33
251 06

269.45

789.88
251 06

Kansas City & Omaha RR

193 68

103 68

Total Union Pacific Ry. . .

1,821.86

15.33

1,806.53

Salina & Southwestern Ry . . .
Solomon RR

35.47
57 04

34.57
57 04

0.90

Carbon Cut-off Ry

19 17

19 17

Union Pac Linc'n & Col Ry

225 35

28 20

197 15

Denver & Boulder Valley RR.
Denv..Beadv1e&Gunnison Ry.

26.97
324.72

26.97
65.96

"258 .'76

Union Pac., Denv. & Gulf Ry.
Ft. Worth & Denver City Ry.

* 984.45
469.15

153.43

722.56
469.15

Echo & Park City Ry

30 10

19 45

10 65

Junct. City & Ft. Kearney Ry.

88.00
165 49

39.22

104 00

48.78
30 66

Total Auxiliary Lines. . .

5,850.23

1,384.79

4,356.98

Laramie, No. Park & Pac. RR.
Omaha & Republican Vy. Ry.

13.36
482.05

13.18
251.66

0.18
230.99

Total Union Pac. System.

7,672.09

1,400.12

6,163.51

Includes 108.46 miles operated under trackage rights.

POOR'S MANUAL — UNION PACIFIC SYSTEM.

1001

The statistical statements which follow under the general term of the Union Pacific System contain only the
figures which relate to the companies named above, with the exception of the statements of the result of the
financial operations of the system, which include in addition to the above lines the following :

Central Branch. Union Pacific RR. Co.. including its leased lines 388.19 miles.

Montana Union Ry. Co 72.22 miles.

Manhattan. Alma and Burlingame Ry. Co 56.62 miles.

Ltavenworth, Topeka and Southwestern Ry. Co 46.57 miles.

One Half of . . . 175.41 miles = 87.70 miles.

Total .

.475.80 miles.

For

The Union Pacific Ry. Co. is the equal owner with other companies in the last three named companies
this reason one-half of the mileage of those companies and one-half of the results of their financial operations
only are included in the financial statements.

THE UNION PACIFIC SYSTEM (average, 7,668.35 miles). — Comparative statement of earn-
ings and expenses for the years 1891 and 1890 :

Union Pacific Ry. Co.

Auxiliary Lines.

Union Pacific System .

1891

1890

1891

1890

3

22,611,04000
16,770,141 38

1891 1890

Gross Earnings
Operating Expenses

19,687:73tf 48
11.290,52818

aO.438.a08 36
12.573,820 43

23.011349 35
16,378.368 17

$ $

42.699.587 83 43.049,248 36
27:668,896 35 29.343,961 81

S.397.210 30
Taxes 550,758 60

7,864.387 93
589.628 87

6,633,481 18
940,623 27

5,840,898 62 15,030.691 48 13.705.286 55
877,57359 1,491,38187 1,467,20246

Surplus Earnings
Expenses Ratio (excluding t.<r
Expense Ratio (including Tax
Aver. Miles of Road under Operat'n

Gross Earnings per Mile of Road. . .
Operating Expenses per Mile of R'd

Taxes per Mile of Road

7.846.451 70

75906

5,692,857 91

4,963,325 03 13,539,309 61 12,238,084 09

57. 35
60.15

61.52
64.41

71.17

75.26

74.17
78.05 !

64.80 i 68.16
68.29 ! 71.57

1,821.86

1,821.42

5,846.49

5.741.52 7.668.35 | 7,562.94

10,80639
6.197 25

1L221 03
6,90331

3,936 01
2,80140

3,938 16
2,920 85:

5,56829 5>>9213
3,608 19; 3.879 97

4. tin;. 14
30231

4,317 72
32372

1.13461
16088
97373

1,017 31 1,960 10
152 85 194 49 194 00

Surplus Earn, per Mile of Road.

4,30683

3,99400j

86446 1,76561 1,61816

The results of the operations of the water lines, or steamers, of the Oregon Railway and Navigation Co. are
not included in the above statement. They are shown on a succeeding page in this report under the head of the
Oregon Short Line and Utah Northern Ry. Co.

Bonds owned by the Union Pacific Railway Co., December 31, 1891, or deposited with it
as collateral, held by Messrs. Drexel, Morgan & Co., of New York, trustees under the trust
indenture of September 4, 1891, as part security for the Union Pacific Railway Co. collateral
trust 6 per cent, notes :

TITLE.

Par Value.

TlTLI

Par Value.

Atch. Union Depot & RR. Co., 2d 5s

City of Wichita, Kan., 6s

Colorado Central RR. Co.. 1st 7s

Colorado Central RR. Co. 1st 8s

Den.. Leadville & Gnnn. Ry. Co.. 1st 4}s.

Echo £ Park City Ry. Co.. 1st 6s

Green River Water Works Co.. 1st 6s

Idaho Central Ry. Co.. 1st 6s. '.

Junction City. Davis Co.. Kan.. 6s

Kansas Central RR. Co., 1st 6s

Kansas City & Omaha RR. Co., 1st 5s. . .

Kan. Pac.. Den. Ext., 1st 6s

Kansas Pacific Income 7s

Kearney & Black Hills Ry. Co., 1st 5s. ...
Lovel. Pass Mining & RR. Tun. Co.. 1st 7s

Man.. Alma & Burl. Ry. Co., 1st (is

Ogden Union Ry. & Depot Co., 1st 5s. ...
Omaha & Repub. Val. RR. Co.. 1st 7s. ..
Om. £ Repub. Val. Ry. Co.. Consol. 5s. ..

Om. & Repub. Val. Ry. Co.. Exten. 5s

Or. Ry. & Nav. Co., Cons. 5s, held as coll.
Or. Rj-. & Nav. Co., Col. Tr. 5s. held as coll.

4.59000

38,30940

1.370.00000

22.00000,

23. 000 00 !

480.00000

223.000 00

91.000 00

5,00000'

1.347.00000;

1,595.500 OOi

1.00000

-1.25000

105,000 00

400.00000:

339.000 00,

163.000 OOl

41.00000

491.00000,

1,246,00000:

*71 2,000 OOi

*1. 593.000 00:

Or. Sh. L. &U. No. Ry. Co., Con. 1st 5s...
Or. Sh. L. & U. No. Ry. Co.. held as coll..
Or. Sh. L. & U. No. Ry. Co.. Col. Tr. 5s.

Rattlesnake Cr. Water "Co.. 1st 6s

St. L., C. B. & Om. RR. Co.. 1st 6s

Un. Dep. Co. of Spokane Falls. 1st 5s....

Union Pacific Coal Co.. 1st 5s

Un. Pac. Coal Co.. 1st 5s, held as collat. .
Un. Pac.. Den. & G. Ry. Co., Con. 1st 5s.
U.P..D.& G.Ry.Co.,Con.lst Ss.held as col.

Un. Pac. RR. Co., Omaha Bridge. 8s

U. P. Ry. Co.. Om. Bridge Renewals 5s...

U. P. Ry. Co., Collateral Trust 4^8

U. P. Ry. Co., Equip. Tr. Series C. 5s. ..

U. P. Ry. Co.. Kan. Div. and Col. 5s

Utah & No. Ry. Co.. 1st 7s

Utah So. RR. Co., 1st 7s

Utah So. RR. Co.. Exten. 7s

Western Pac. RR. Co.. 1st 6s

Total . .

1.381.000 00

tl, 988.000 00

4,205^500 00

132,000 00

19.500 00

300,000 00

4,438,000 00

£518.000 00

7.058.000 00

§1,027,000 00

5,000 00

145,000 00

237.000 00

671,000 00

5.000.000 00

353.000 00

389.00000

899,000 00

12,000 00

39,063,559 40

* Owned by the Oregon Railway & Navisation Co.
t Owned by the Oregon Short Line & Utah Northern Railway Co.

i $411,000 of these bonds are owned by the Oregon Short Line & Utah Northern Railway Co., and $101.000
are owned by the Union Pacific. Denver & Gulf Railway Co.
§ Owned by the Union Pacific, Denver & Gulf Railway Co.

1002

POORS MANUAL — UNION PACIFIC SYSTEM.

Stocks owned by tlie Union Pacific Railway Co., December 31, 1891, or deposited with
it as collateral, held by Messrs. Drexel, Morgan & Co., of New York, trustees under the
trust indenture of September 4, 1891, as part security for the Union Pacific Railway Co.
collateral trust 6 per cent, notes :

TITLE OF STOC'KS.

Atch., Col. & Pac. RR. Co

Atch., Jewell Co. & West. RR. Co

Bozemaii Coal Co

Carbon Cut-Off Ry. Co

Central Branch Union Pac. RR. Co

Colorado Western RR. Co.

Den., Leadville & Gunnison Ry. Co

Echo & Park City Ry. Co

Gray's Peak, Snake Riv. & Lead. RR. Co.

Green River Water Works Co

June. City & Fort Kearney Ry. Co

Kansas Central RR. Co

Kansas City & Omaha RR. Co

Kearney & Black Hills Ry. Co

Lar., No. Pk. & Pac. RR. & Tele. Co

Lawrence &'Emporia Ry. Co

L. P M. & RR. Tun. Co. (240 eh. at $20)..
Montana Ry. Co. ($600,000, 10% paid) . . .

Montana Union Ry. Co

Morrison Stone, Lime & Town Co

Occi. & Orien. SS. Co. ($5,000,000, 3# pd.)

Omaha & Elkhorn Valley Ry. Co

Omaha & Repub. Valley Ry. Co

Om. Un. Depot Co. ($75,000, W% paid). . .

Par Value.

9,100 00
3,000,000 00
480,000 00
6,000 00
225,000 00
44,000 00
1,313.400 00
1,725,375 00
337,966 91
66,500 00
465.000 00
4,800 00
420,000 00
425,000 00
100,000 00
150,000 00
40,300 00
2,327,523 77
7,500 00

TITLE OF STOCKS.

Or. Ry. & Nav. Co., Stk. held as Collat.

Or. Sh. L. & Utah North. Ry. Co

Pacific Express Co

Rattlesnake Creek Water Co .

00

105,000 00
96,000 00

220,00000,

874.200 00 St. Joseph & Grand Island RR. Co

I oseph Terminal RR. Co

St. L. & Miss. Valley Transp. Co

Salt Lake City Form. & Manuf . Co

iSalina & Southwestern Ry. Co

So. Pk. & Leadv. Short Line RR. Co....

Union Depot Co. of Kansas City

Union Elevator Co. of Council Bluffs. . .

Union Elevator Co. of Omaha

Union Pacific Coal Co

Un. Pac. Coal Co., Stock held as Collat.

Un. Pac., Den. & Gulf Ry. Co

Un. Pac., Lincoln & Colorado Ry. Co...

Union Pacific Ry. Co

Union Pac. & West. Col. Ry. Co

Western National Fair Association

Wood Riv. Imp. Co. ($100,000, 80j« pd.). .

Total.

Par Value.

* 1,035,000 00

14,990,703 33

2,400,000 00

66,300 00

2,301,500 00

25,000 00

116,000 00

67 00

231,700 00

1,000,000 00

21,000 00

46,700 00

81,000 00

4.436,900 00

t 562, 100 00

13,251.882 00

1,997.800 00

177,450 00

400,500 00

7,950 00

80,000 00

56,592,518 01

* Owned by the Oregon Short Line & Utah Northern Railway Co.

t $461,400 of this stock is owned by the Oregon Short Line & Utah Northern Railwav Co., and $100,700 by
the Union Pacific, Denver & Gulf Railway Co.

Notes and miscellaneous securities owned by the Union Pacific Railway Co., December
31, 1891, or deposited with it as collateral, held by Messrs. Drexel, Morgan & Co., of New
York, trustees under the trust indenture of September 4, 1891, as part security for the Union
Pacific Railway Co. collateral trust 6 per cent, notes :

TITLE OF SECURITIES.

Par Value.

TITLE OF SECURITIES.

Par Value.

Denver, Texas & Fort Worth RR. Co.
Lease Warrants, held as Collateral
E. & P. City Ry. Co. Notes ($25,000 each)
Hutchinson & Southern RR. Co. Note

$

*85,801 55
200,000 00
768,500 00

Union Depot & RR. Co.. Den., Notes....
Union Depot Co. of Spokane Falls, Notes
Wood River Improvement Co. Notes

$
8,683 84
21,315 25
350,000 00

Indebtedness held as Collateral

t969 245 98

Total

2,403,546 62

* Owned by the Union Pacific, Denver & Gulf Railway Co.

1 Owned by the Oregon Short Line & Utah Northern Railway Co.

THE UNION PACIFIC SYSTEM. — Earnings and expenses for the years 1891 and 1890 :

1891

1890

1891

1890

Earnings.
Passenger, Commercial
Passenger, Government
Freight, Commercial
Freight, Government
Freight, Company
Mail

$
8,357,939 98
126,286 70
29,293,250 22
141,858 86
1,115,446 21
1,758,249 83
674,517 00
96,952 57
629,816 58
57,254 77
448,015 11

$
9,189,242 97
147,332 61
29,049,759 38
165,474 36
1,115,666 37
1,529,202 75
692,770 39
106,309 97
572,196 89
60,242 09
421,050 58

Expend*.
Conducting Transportation. ..
Motive Power.

9,129,102 68
9,467,518 34
2,873,264 91
5,276,670 86
181,564 58
740,774 98

9,781,679 50
10,210,675 41
2,884,756 74
5,049,190 88
551,655 72
866,003 56

Maintenance of Cars
Maintenance of Way

Renewal of Rails

General Expenses

Express
Telegraph

Total Expen. (Taxes Excl.)

Surplus
Taxes

27,668,896 35

29,343,961 81

Car Service
Rent of Buildings

15,030,691 48

1,491,381 87

13,705,286 55
1,467,202 4'i

Miscellaneous
Total Earnings

Surplus Earn. (Taxes Ded.)

Miles Operated (Average). . . .
Expense Ratio (Incl. Taxes) . .
Expense Ratio (Excl. Taxes). .

13,539,309 61

12,238,084 09

7,668.35
68.29
64.80

7,562.94

71.57
68.16

42,699,587 83

43,049,248 36

POOR'S MANUAL — UNION PACIFIC SYSTEM.

1003

THE UNION PACIFTC SYSTEM. — Earnings and expenses for the years 1891 and 1890 :

YEAR.

Average Miles
Operated.

Gross
Earnings.

Operating
Expenses,
Including
Taxes.

Surplus
Earnings.

Expense
Ratio.

1891

7 668.35

$
42,699,587 83

$

29,160,278 22

1

13,539.309 61

68.29

1890

7562 94

43.049,248 36

30,811,164 27

12,238,084 09

71.57

Increase 1891

105 41

1,301,225 52

Decrease 1891

349.660 53

1,650,886 05

3.28

THE UNION PACIFIC SYSTEM. -
system for the year 1891 :

-Earnings and expenses of the companies composing the

NAME OF COMPANY.

Earnings.

Expenses
(Taxes
not
Included).

Surplus.

Taxes.

Surplus
Earnings
(Taxes
Deducted).

Average
Miles
Operated .

•
Union Pacific Ry Co

19,687,788 48
22.593 76
37.969 88
967,447 86
123.64064
133,607 89
162.419 31

78402
1,186,673 14
7,574,4.56 52
5,673.172 14
846,3:38 35
137,324 76
47,651 79
138,84089
•211,96430
3,732.243 94
2.014,720 16

I

11,290.528 18
21,045 16
35,142 53
957.235 22
82,310 79
129,694 06
286,354 59

3.732 43
1,254.807 37
4.574,151 21
3.816,388 39
619,503:30
111,398 35
50.912 31
81.307 48
69,913 .35
2,903,543 87
1,380,927 76

8,397,210 30
1.548 60
2,82735
10,212 64
41,329 85
3,913 83
* 123,935 28

* 2,948 41
* 68. 134 23
3,000,305 31
1,856,783 75
226.8a505
25.D26 41
* 3, 260 52
57.533 41
142.050 95
828,700 07
633.792 40

S

550,758 60
1,694 92
4,786 10
58,06515
2,348 33
17,860 86
26.244 28

96715
101,941 13
216,391 15
151,737 74
63,10405
32,802 16
6.377 46
9,29690
34,45180
171.707 74
40,84635

7,846.451 70
* 146 32
* 1.958 75
* 47,852 51
38.981 52
* 13,947 03
* 150,179 56

* 3,915 56
* 170,075 36
2,783,914 16
1,705,046 01
163.731 00
* 6.875 75
* 9,637 98
48,236 51
107.599 15
656,992 33
592,946 05

1,821.86
19.17
26.97
324.72
30.10
88.00
165.49

13.36
482.05
1,422.21
1,059.33
251.06
193.68
35.47
57.04
325.35
983.34
469.15

Carbon Cut-Off Rv. Co

Denver and Boulder Valley RR
Denver. Leadville & Gunnison Ry. Co. .
Echo and Park City Ry. Co
Junction City & Fort Kearney Ry. Co..
Kansas Central RR Co

Laramie. North Park and Pacific RR.
and Tele^aph Co

Omaha and Republican Valley Rv. Co.
Oregon Short Line & Utah No. Ry. Co.
Oregon Rv. & Navigtn. Co.'s Rail Lines
St. Joseph and Grand Island RR. Co. . .
Kansas City and Omaha RR. Co

Salina and Southwestern Ry Co

Solomon RR. Co
Union Pacific, Lincoln & Col. Rv. Co. .
Union Pacific, Denver & Gulf Ry. Co. .
Fort Worth and Denver City Ry. Co. . .

Total

42,699,587 83

27,668,896 35 15,030,691 48

1,491,38187

13,539,309 61 1 7,668.35

* Deficit.

Statement of operations of the Union Pacific system for seven years :

1885

1886

1887

1888

1889

1890

1891

1

i

Miles Operated (Av/>...

4,501.75

4.509.20

4,622.81

5,041.36

7,389.55

7,562.94

7,668. 35

Passenger Train Miles .

3,737,406

4,208,692

4,601 ,3a3

5,731,918

7,690,074

9,301. a59

8.280.224

Freight Train Miles....

7,862,049

7,885,156

9,307.972

10,275,486

13,438,929

15.136,304 15.166.037

Total Engine Miles ....

18,323,4731 19,087.767

21,176,1281 23.606,394

30.752,899! 34,846,343' 32,64l'464

Passengers Carried

2,067,336 2,518.0341 3,a58,234

3,849,652.

4,388,106 3.997.< 94 3.475.860

Passenger Mileage
Freight (tons) Moved..

188,237.416 247,341,275
3,965,035' 4,520.386

262,913,074
4.772.645

286,820,182
5,039.221

355,822,732
7,478,871

399,66-U8{j 342,481.860
8,a55,007; 8,326,613

Freight (ton) Miles

1,109,582,402 1,261,308,798

1,490.004,636

1,682,853,857

2,057.141.359

2,330,147,013j2,414,693,606

3

$

$

$

S

S *

Passenger Earnings
Freight Earnings

5,755,442
18.004.247

6,029,734
18,344,549

6.595,789
19,9.56,467

6,997,707
21,077,346

8,590,325
28,051,717

9,336.575
30,a30,900

8,484,227
30,550,555

Mail Earnings

812.613 816,351

879,297

921,842 1.080,884

1,529,203

1,758,250

Express Earnings ... .

661,510 657,365

714.055

659,608 756,970

692,770

674,517

Other Earnings

440,857 432,187

412,167

539,019 1,189,704

1,159,800

1,232,039

Gross Earnings
Operating Expenses. .

25,674,675
16,157,721

26,280,186
17,412,214

28,557,766
17,667,733

30.195,523 39,669,600
19,734,888 26,013,553

43.049,248
30,811,164

42,699,588
29,160,278

Net Earnings
Gross Earnings per Mile

9,516,954
5,758 91

8,867,972
5,828 12

10,890,033

6.177 58

10.460,6a5 13,656,047
5,989 56 5,368 34

12,238,084
5,692 13

13,539,310
5,568 29

Operat'g Expenses p. M.

Net Earnings per Mile .

3,589 21
2,169 70

3,861 48
1,966 64

3,821 86
2.355 72

3,914 60 3,520 32
2,074 96 1,848 02

4,073 97
1,618 16

3.*03 68
1,765 61

Expenses to Earnings. .

62. 27 p. c.

66. 19 p. c.

61. 87 p. c.

65. 36 p. c. 65. 58 p. c.

71.57 p. c.

68. 29 p. c.

Av. Rate p. Pass. p. Mile 3.06c.

2.44c.

2.51C.

2.44C. 2.41 c.

2.34 c.

2.48 c.

Av. Rate p. Ton p. Mile 1 .72 c.

1.58c.

1.42c.

l.SOc. 1.41c.

1.38c.

1.34c.

1

1004

POOR'S MANUAL — UNION PACIFIC SYSTEM.

Earnings and expenses of all lines of the Union Pacific System, including, in addition to
the lines operated directly (7,672.09 miles), the results of the operations of the Central Branch
Union Pacific RR., and one-half of the results of the operations of the Montana Union, the
Manhattan, Alma and Burlingame, and the Leaven worth, Topeka and Southwestern Rys. :

Gross

Earnings.

Operating
Expenses.

Net
Earnings.

Taxos.

Surplus.

Lines Operated from Omaha and Fort, Worth
Central Branch Union Pacific RR
Montana Union Ry. (one-half)

o
48,«99,667 83

S! 14. 160 28
377.464 97
15.08228
20,435 35

27,668,896 35
648,086 92
298,902 00
36,656 90
28,006 44

15,030,691 48
246,073 36

7's.ntw !i7

d«f.21.57462
def. 7,57109

1,491.381 87
77,255 25
3.826 05
3J754 07
4,234 05

S
13.539.309 61
168.818 11
74.73»i 1*2
^f.2o.328 69-
rfe/.ll,80514

Leavenworth. Topeka & S. W. Ry. (one-half) ....
Manhattan, Alma and Burlingame (one-half)

Totals

14.00(;,730 71

28,680,548 61

15,326,182 10

1,580,451 29

13,745,730 81

The following statement shows the results of the financial operations of the same prop-
erties for the years 1891 and 1890 :

1891

1890

1891

1890

Income.
Earnings

44,006,730 71

44,538,201 64

Charges.

Interest on Bonds

10.191.68224
7( 18.332 50
379.568 34
1,298.23044
r,!»U)51 00
<;S7,4(;<I 31
105.000 00
4,031 83
71,622 68
161, 4H5 18

80,630 15

9,604.496 47
705.458 75
&59,029 P£
1,053.72311
651 !>
731.18384
55,415 07
f 55. 71 8 62
103,130 39
147.044 73-

70.517 86
148.353 18

Expenses

S'k'g Fund Requirem'ts, U. P.
Ditto Other Companies

28,680,1

1,580,451 2!)

30,035.927 24
1.503.20S2S

Taxes

United States Requirements! .
Div. O. Ry. & N. Stock Afloat
Discount and Interest . .

Surplus Earnings

30,260,999 90 32,199,135 52

Northern Pac. Terminal Int..
Disc, on B'ds Sold, Prem., etc.
Land Exp. & L'd Tax., Un.Dv.
Profit and Loss
.Loss in Operation Ore. Ry. &
Navigation Water Lines
Rental D. & Rio Gr. Joint Trk.

Total Charges

13,745,730 81
837,150 71
20,987 38

244,720 00
377 100 00

12,3*1.066121

606. 53S SI
27,446 73

Income from Investments
Proceeds Miscel. Land Sales. .
Int. due Sept. 1, 1891, on Sink.
Fund Mtge. 8s, paid by the
Trustee thereunder
Int. on Kan. Pac. Consols, re-
paid by the Trustees there-

381,300 00

46.904 03
19.594 96

14,275,013 67

13,695,887 51

Balance of Income

Montana Union Ry. Co., Rental
(one-half)

49.257 08
65,10644

1,065,040 75

* 275,036 86

Miscellaneous

Total Income

15,340,054 42

13,420,850 65

* Deficit.

THE UNION PACIFIC SYSTEM. — Income received from company bonds and stock owned,
and from investments outside the system during the years 1891 and 1890 :

TITLE OF SECURITIES.

1891

1890

TITLE OP SECURITIES.

1891

1890

Railroad Bonds.
Kansas Pacific, Denver Extension.
Kearney & Black Hills Ry. Co. ...
Omaha Bridge

6000
5,25000
36000
3,625 00
1,755 00
10,665 00

3,12000

Railway Stock.
Union Pacific Railway Co.

$

4,48500-
26 60

"Vtt'eo

175 45
100,00000
144,00000
28.411 73
233.470 31
6,96000
1.95000
6.4KOOO
1,401 00
2,50000

Miscellaneous Stocks, etc.
Davis & Weber Counties Canal Co.
Green River WTater Works Co
iFranceville Coal Mines

2940
13,50000

40000

"'585 66
5.153 76
3000
21,92000

Omaha Bridge Renewal'.
St. L., Council Bluffs & O. RR. Co.
Union Pac. Collat. Trust 4£ p. c. . .
Union Pac. RR. Co. 1st Mtge
Union Pacific Sinking Fund 8 p. c.
Western Pacific 1st Mortgage

Miscellaneous Bonds.
Atch. Union Depot & O. RR. Co .
Beatrice Precinct, Nebraska
Blue Springs Precinct. Nebraska
City of Wichita. Kansas
Junction City. Kansas
Green River Water Works Co. .
Sumpter Valley Ry Co

Mammoth Mining Co

29040
100.00000
192,000 00

Occidental & Oriental SS. Co
Pacific Express Co

1,08000

22500
1,920 00
64000
1,539 81
45000
13,386 33
1 74000

36000

22500
1.04000
64000

"l3,446i6

Pleasant v alley Coal Mines

Pullman Association Cars
St. L. & Miss. Valley Transp. Co.
Tlntic Iron Co

227,559 77
3,48000

Union Elevator Co., Omaha
Union Elev. Co., Council Bluffs. . .
(Utah Lime & Cement Co
Union Pacific Coal Co ...

8,10000
35000
3,125 00
100,000 00

Total Income from Strks, etc.
Grand Total .

Union Depot Co. of Spokane Falls
Union Pacific Coal Co
Val. Townsh., Sheridan Co., Kan.
Willamette Transp. & Locks Co. . .

Total Income from Bonds

15,000 00

15 66
14,000 00

648,43457

530,603 89

125,00000
2000
21,00000

837,150 71

606,538 81

9

188,716 14

75,934 92

POOR'S MANUAL — UNION PACIFIC SYSTEM.

1005

THE UNION PACIFIC SYSTEM. — Details of the item interest on bonds for the years 1891
and 1890 :

1891

1890

1891

1890

$

•

S

3

Union Pacific 1st Mortgage. ..
Union Pac Sinkin" F Mr<re. .

1.633.740 00
481.193 35

1,633,740 00
073,426 60

Central Branch U. P. RR. Co.
F. W. & D. C. & P.H. Ry. Co..

427.475 00 426,545 00
477.830 00 48'. •.-

Union Pac Omaha" Bdg<- M'tge 74.462 20

86,191 12

Gold., Boulder & Car. Ry. Co.

4,800 00 4,800 00

Kan. Pacific Consul. Mtge 754,000 00
Kan Pacific East. Div. Mtge. 134.40000

759,490 00
134.400 00

Jc. City & Ft. Kearney Kv. Co. 76,4.50 00; 76,450 00
Kansas Central Railroad Co.. 6000 6000

Kan. Pacific Mid. Div. Mtge . . 243,780 00
Kan. Pac. Denver Ext. Mtge. . 358.388 75

243.780 00
30L540 62

Kansas City & Omaha RR. Co. 57,000 00
Lawrence & Emporia Ry. CoJ 27,900 00

57.000 00
27:90000

Union Pacific Coll. Trust 6?. . 234.492 25
Union Pacific Coll. Trust 5s. . 249.452 03

241.070 99
2.V5.489 76

Leavenw.,Top. & S.W.Ry.Co.
i Oregon Ry. & Navigation Co.

27,600 00 27,600 00
1,073,631 64 1.009.553 64

Union Pacific Coll. Trusr 4|8. 92.662 50

H3.2*'.i 5" >

;Or. S. L. & Utah No. Ry. Co..1 2.033,575 18, 1,805.049 22

U. P. Om. Bridge Ren. Mtge. . \ 34,887 50
Union Pac. Equipment Trust . 109.610 61
Union Pac. Coll. T. 6 p.c. Notes 379,900 50
Miscellaneous

24.012 51
104,206 69

: Omaha & Repub. V. Ry. Co..

Sr. -Jos. A: Grand Isl. RR. Co.
Salina & Southwest. Ry. Co..
Solomon Railroad Co

36,788 35| 33,791 69
1 419.880 001 419,880 00
32.400 -H.I 32.400 00
34.500 00 34.500 00

1.260 00

U P Lincoln & Col Ry Co

2-^S (>50 00

0->3 Otffl TZ.

Total Onion Pac. Ry. Co.

4,782,230 29 4,613,097 85

U. P.. Denver & Gulf Ry. Co.

455.011 7* 322.062 00

Total 10.191.082 24 9,004.496 47

THE UNION PACIFIC SYSTEM. — Amount of stock per mile of the system, December 31,

1891

ROADS.

Mile?.

Stock Issued.

Owned by
Union Pacific.

Owned by
Other Coinp'ies
in System.

Afloat.

Union Pacific Rv Co

1,821,86

60,808,500 00

177,450 00

$

60,691,05000

33 410 09

9740

33.312 69

Operated Roarls :
Carbon Cut-Off Ry Co

19.17

220,00000

220,000 00

Denver & Boulder V'y RR Co *

26.97

Deuv Leadville & Gun Ry. Co

324.72

3,000,000 00

3,000,000 00

Echo & Park City Ry Co

30.10

48000000

480,00000

Fort Worth & Denv Citv Rv Co

(t) 469.15

(t) 9,665,000 00

8,156,000 00

1,50900000

June Citv & Fort Kearney Ry Co

88.00

1 056 100 00

704 000 00

iQO 00

Kansas Central RR Co

165.49

1,348,000 00

1,313.400 00

34 00000

Kansas Citv & Omaha KR. Co
Laramie, No. P'k & Pac. RR. &
Tel Co

193.68
13.36

4,410,000 00
66,50000

1.725,375 00
66,50000

1,822,50000

862,125 00

Omaha & Republican V'y Ry Co

2.347,050 00

2.327..V-'o T7

19 526 23

Oregon Rv & Xavi^atioi

1,059.33

2'i 208,20000

(i) 19 556 400 66

9 651 800 00

Oregon S L & Utah No Rv Co

1.424.84

26.24l.v-3 32

14,990,703 33

11.254 149 99

St Joseph «& Grand Island RR Co

251 nt;

4,600,000 00

2,301,500 00

2 298 500 00

Salina & Southwestern Ry. Co. . .
Solomon RR. Co
Union Pac., Denver & Gulf Ry. Co
Union Pac Lincoln & Col Ry Co

£5.47
57.04
984.45
225.35

288,40000
1,108,850 00
33,837,092 90
2,184,800 00

231.700 00
1,000;500 00
13,251,882 00
1,997,800 00

" 3,406,80066

56,70000
108.a50 00
17.178.410 90
iXX) 00

Total Operated Roads

5,850.23

120,004,846 22

43,670,884 10

32,941,700 00

43.452,202 12

Average per Mile

20,523 09

7,464 82

5 63083

7 4°? 44

Total Owned and Op'ted Roads.

7,672.09

180,933,346 22

43.848,334 10

32.941,700 00

104,143.312 12

Average per Mile

2358331

5 715 30

4 293 70

13 5*4 31

(*i The title to this railroad is vested in the Trustees under the Kansas Pacific Consolidated Mortgage.

(t) Includes 14.54 mile* of road and $290,000 in capital stock of the Pan-Handle Railway Company.

(£) This amount includes stocks owned and held, as follows : Stock ou~ni-.fl by the Oregon Short Lin? t(- Utah
Xortlirrn linilicnij <_;,.— 130.000 shares Oregon Railway & Narigation Co. stock held as security under the
Oregon Short Line & Utah Northern Railway Co.'s Collateral Trust Indenture, §13,000,000 ; 3,001 shares Oregon
Railway & Navigation Co. stock held in the Sinking Fund under the Oregon Short Line & Utah Northern R~ail-
way CoVs Collateral Trust Indenture, $300,100 : 10,350 shares Oregon Railway & Navigation Co. stock loaned to
the Union Pacific Ry. Co. and pledged by that Company with the Trustees under the Trust of September 4. 1391.
£1,035.000 : 131 shares Oregon Railway & Navigation Co. stock held in the treasury of the Oregon Short Line <&
Utah Northern Railway Co.. §13.10*3— total. £14. 348.200. Stock.* owiiril. by the Oregon Railway d~ Sai~ir/a'io>>
Co. :— 10.000 shares Oregon Railway Extensions Co. stock in company's treasury, $1.000.000 : 23.082 shares
Washington & Idaho Railroad Co. stock in company's treasury, $2,308,200; 500 shares Washington Dalles Rail-
road Co. stock in company's treasury. * 50. 000 ; 1.500 shares Cascade Railroad Co. stock held in trust gloO 000 •
10.000 shares Columbia & Palouse Railroad Co. stock held in trust, $1.000.000 : 7,000 shares Walla Walla & Col-
umbia River Railroad Co. stock held in trust, 8700.000— total, $1,850,000. Aggregate, as per preceding statement.
$19.556,400.

1006

POOR'S MANUAL — UNION PACIFIC SYSTEM.

THE UNION PACIFIC SYSTEM. — Amount of bonds per mile of the system, December 31,
1891 :

ROADS.

Miles.

Bonds
Outstanding.

Owned by
Union Pac. *

Owned by
Other Cos. in
the System.

Afloat.

Union Pacific and Kansas Pacific

'$
90,293,635 00

1,799,000 00

$

88,494,635 00

United States Bonds issued toU. P. &K. P.

33,539,512 00

33,539,512 00

Interest on U. S. Bonds, balance of Acc't. . .

17,405,683 29

17,405,683 29

Total Union Pacific Railway Co

1 821 86

141 238 830 29

1 799 000 00

139 439 830 29

77,524 52

987 45

76 537 07

Operated Roads :
Carbon Cut-Off Railway Co

19.17

Denver & Boulder Valley Railroad

26.2?

Denver Leadville & Gunnison Ry. Co. ...

324.72

2,308,000 00

2,308,000 00

Echo & Park City Railway Co

30.10

480,000 00

480,000 00

Fort Worth & Denver City Railway Co. . .
Junction City & Fort Kearney Ry. Co

t 469.15
88.00

t 8,561,000 00
1,141,000 00

1 141,666 60

596,000 00

7,965,000 00

Kaneas Central Railroad Co

165 49

1,34H 000 00

1 347 000 00

1 000 00

Kansas City & Omaha Railroad Co. .

193.68

2,713,000 00

1 595 500 00

1 117 500 00

Laramie No Park & Pac. RR. & Tel. Co.

13.36

Omaha & Republican Valley Ry. Co
Oregon Railway & Navigation Co

482.05
1,059.33

5,941,000 00
31.632,080 00

5,840,000 00

j "99,660 66

11,093,080 00

2,000 00
20.539 000 00

Ore. Short Line & Utah Northern Ry. Co.
St. Joseph & Grand Island Rairoad Co. . .
Salina & Southwestern Railway Co

1,424.84
251.06
35.47

50,179,000 00
8,748,692 04
540,000 00

12,139,500 00

"540, 666 '66

2,054,000 00
35,100 00

35,985,500 00
8,713,592 04

57 04

575,000 00

575 000 00

Union Pacific, Denver & Gulf Ry. Co ....
Union Pac., Lincoln & Colorado Ry. Co..

984.45
225.35

22.436,000 00
4,479,000 00

12,049,000 00
74,000.00

1,027,000 00

9,360,000 00
4,405,000 00

Total Operated Roads

5,850.23

141,081,772 04

38,089,000 00

14,904,180 00

88,088,592 04

24 115 59

6 510 68

•-'.547 63

15,057 28

Total Owned and Operated Roads... .

7,672.09

282,320.602 33

39,888,000 00

14,904.180 00

227,528,422 33

Average per Mile

36,798 39

5,199 01

1,942 74

29,656 64

* Under this head are included all bonds of roads in the system owned by the Union Pacific Railway Co.,
whether in its possession or on deposit in any of its trusts or sinking funds.

t Includes 14.54 miles of road and $225.000 in first mortgage bonds of the Pan-Handle Railway Co.

$ This amount is held in the Omaha and Reptiblican Valley Railway Co. consolidated mortgage sinking fund.

The following table shows the condition of the funded and floating debt of the Union
Pacific System, its mileage, etc., on December 31, each year from 1885 to 1891, inclusive :

1885

1886

1887

1888

1889

1890 (*)

1891

Funded Debt of
the System in the
Hands of the
Public
Add Bond? of the
Union Pacific Ry
Co. in Treasury
of Company

Total Funded
Debt

S
44,788,958 53

2,147,450 00

S
148,233,092 96

637,300 00

$
147,004,611 29

586,300 00

S
152,053,756 64

861,800 00

$
152,193,90092

442,450 00

$
210,412,480 66

244,25000

S

t 227,528,422 33

146,936,408 53
1,861,44540

148,870,392 96
(J)l,851,189 73

147,590,911 29
Of) 401,689 11

152,915,556 64

($)5,063,729 84

152,636,350 92
4,489,563 60

210.656,730 66

7,111,28354

227,528,422 32
(t) 10,573,954 06

Net Floating D'bt

Total Funded &
Floating D'ts.

Miles of Road....

Debt per Mile of
Road

148,797,853 93

147,519,203 23

147,189,222 18

147,851,826 80

157,125,914 52

217,768,014 20

216,9.54,468 27

4,519.5 (§) 4,594.4

4,771.1

4,897.8

5,180.1

7,598.8

7,672.1

32,923 52

32,108 48

30,850 17

,

30,187 39

30,332 60

28,658 21

28,278 37

(*) Includes the debts and mileage of the Oregon Railway & Navigation Co., the St. Joseph & Grand
Island Railroad Co. and the Kansas City & Omaha Railroad Co. not included in previous years.

(t) Bonds held in the Denver Extension Sinking Fund, amounting to $1,769,000, deducted before arriving
at this amount.

($) Excess cash and cash resources.

(§) Excluding Montana Union Railway Co.'s lines, 72.57 miles.

PQOR'S MANUAL — UNION PACIFIC SYSTEM.

1007

During the year 1891 the System realized from the sale of $570,500 in Oregon Short
Line & Utah Northern Railway Co. collateral trust bonds, $102,000 in Oregon Short Line &
Utah Northern Railway Co. consolidated bonds, $58,000 in Union Pacific, Denver and Gulf
Railway Co. consolidated bonds, $31,'000 in Omaha & Republican Valley Railway Co. con-
solidated bonds, and $100,000 in Oregon Railway & Navigation Co. consolidated bonds,
about $760,000.

The amount realized, together with other income of the System, has been expended in
part for the following purposes : Construction of new lines, $18,000 ; betterments, improve-
ments and equipment, $1,235,991.03 ; construction of terminals, Omaha and Denver, $258,-
488.97 ; purchase of Oregon Railway & Navigation Co. stock, $407,500 ; purchase of equip-
ment trust bonds, $319,000.

Details of the item sinking fund requirements for the years 1891 and 1890 :

1891

1890

1891

1890

THE UNION PACIFIC RT. Co:

s

S

O. SHORT L.& UT. No.Rr.Co. :

S S

Union Pac. Om. Bdg. Mtge.

159,500 00

135.000 00

Idaho Cent. Ry. Co. 1st Mtg.

2,830 00 2,830 00

Union Pac. Sink. Fd. Mtge. 54,000 00
Kan. Pac. Denver Ext. Mtge' 255,000 00

67,000 00
255,000 00

O.S.L.&U.N.Ry.Co.C'l.T.In
O.S.L.&U.N.Ry.Co.C'n.Mtg

126,875 00 125,000 00
75.320 00 60.766 67

U. P. Coll. Trust 6 p. c. Mtge 107.405 00| 110.265 00;
U. P. Coll. Trust 5 p. c. Mtge; 122,190 00! 125,335 00
TT P Poll Trimt 4i n c "VftP'p 10 ^7 ^0 10 esc rr;

U. & N. Ry. Co. Con. Mtge. .
U.P.,L. &Col.Ry.Co.lstM.

12,433 a3 12,513 33
30,053 34 30,053 33

Total Auxiliary Co«

379 568 34 359 029 99

-rie 00.7 Kf)

~OT 4>s ~T

1 087 900 84

1 064 488 74

Om. & Rep. V. Ry. Con. Mtge
Ore. Ry. & Nav. Co. 1st Mtge.

20,906 67
111,150 00

20,826 66 !
107,040 OO!

LINES OPEKATED BY THE UNION PACIFIC RY. Co., AS PART OF THE SYSTEM.

CARBON CUT-OFF RAILWAY.— Allen to Hanna, 17.16 ; Hanna Mine Track, 2.01— total, 19.17
miles. Gauge. 4 ft. 8* in. Incorporated February 12. 1889, for a period of fifty years. The railway owned by the
company was built during 1889. to carry coal to the main line of the Union Pacific, from mines owned by that
company at Hanna. and was first operated November 4, 1889. The Union Pacific owns all the present issue of the
capital stock. $230,000. Operations for year ending December 31, 1891.— Traffic statistics not reported. Earn-
ings—passenger. $281.71 ; freight. $-22.377.31 ; telegraph. $33.27 ; other, $1.47— total, $22.593.76. Operating
expenses, $21.045.16. Net earnings, $1,548.60. Taxes paid, $1.694.92. Deficit, $146.32.

Financial statement. December 31, 1891.— Capital stock. $220,000 : accounts payable. $10,225.81— total, $230,-
225.81. Contra : Cost of road, etc., $224,826.03 ; income account. $5,399.78— total, $230,225.81.

DENVER AND BOULDER VALLEY RAILROAD.— Brighton, Col., to Boulder .City, Col.,
26.97 miles. Gauge, 4 ft. 8f in. Chartered October 1, 1870; road opened January 1, 1871. Leased for 99 years
from October 19, 1870, to the Denver Pacific Railway and Telegraph Company. Default made and the road turned
over in September, 1879, to the trustees under the mortgage, who authorized the Union Pacific to operate the line
for their account. Earnings, year ending December 31, 1891.— Passenger. $1.000.73 : freight. $35,817.64; mail,
etc., §1,151.51— total, $37.969.£<8. Operating expenses— transportation, $13.743.03; motive power. $11,087.56;
maintenance of cars. $78*. S6 : maintenance of way. $8.818.13 ; general. $704.95— total. $35.142.53. Net earnings.
$•„'. -27.35. Paid taxes. $4.780. 10. Deficit, $1,958.75. Capital stock. $700,000; funded debt, 1st mortgage 7 per
cent. 30-year gold bonds, dated October 1, 1870. due November 1, 1900, interest May and November, $550,000. The
trustees of the Kansas Pacific consolidated mortgage own $550,000 bonds and $17.000 of the stock.

DENVER, LEADVILLE AND GTJNNISON RAILWAY.-Denver, Col., to LeadviHe, Col.,
151.20 miles. Branches : Baldwin^ Como to Baldwin Mine. 131.05 ; Keystone, Dickey to Keyst

151.20 miles. Branches: Baldn 'in, Como to Baldwin Mine. 131.05; Keystone, Dickey to Keystone, 7 : Fahylay
Junction, Garos to London Junction, 15.41 ; Morrison. Sheridan Junction to Morrison, 10.02 ; Como to Coal Mine,
2.97 ; Schwanders to Buena Vista. 3.93 : Baldwin up Ohio Creek, 3.09 miles. Total length of road. 324.72 miles!
Gauge. 3 ft. Incorporated July 6, 1889, and on August 29, 1889, purchased the entire property of the Denver.
South Park and Pacific RR. Co. See MANUAL for 1891.

Rolling Stock. December 31. 1891.— Locomotive engines. 63. Cars— passenger, 14 : bageage. mail, and ex-
press, 12 ; freight (box, 517 : stock, 8 ; refrigerator, 27 ; platform, 162 ; coal, 379), 1.093 ; caboose, 16— total, 1,135.
Also. 2 officers"1 and pay. 5 boarding, and 3 tool cars.

Operations for year ending December 31. is'.tl. — Traffic statistics not reported :

Earnings.— Passenger $143,264 40

Freight 781,131 63

Mail 23,615 91

Express 14,627 12

Miscellaneous 4,80880

Expenses.— Transportation $240,122 58

Motive Power 420,29447

Maintenance of Cars 62,66990

Maintenance of Way 217.824 97

General and Taxes 74,388 45

Total ($2.979.33 per mile) $967,447

Total ($3,176.70 per mile) $1,015,300 37

Deficit, $47,852.51. Paid interest on bonds, $103,860 ; profit and loss, $56,350— total deficit. $208,062.51.

Financial Statement, December 31, 1891.— Capital stock, $3,000,000 ; 1st mortgage bonds, $2,308,000 ; accounts
payable, $609.826.39 : accrued interest, not yel due, $17,310— total, $5.935,136.39. Contra: Cost of road and fix-
tures. $5,426,653.73 ; income account. $508.482.66— total, $5.935.136.39. The Union Pacific owns all of the bonds
and the entire capital stock of this company. The capital stock and $23,000 of the bonds are held by Drexel. Mor-
gan & Co. under the trust indenture of September 4, 1891 ; $2,278,000 of the bonds are held by the A'merican Loan
and Trust Co. as security for $2,051,000 Union Pacific Ry. Co. collateral trust 4£ per cent, bonds, and the remain-
ing $7,000 bonds are in the treasury of the Union Pacific Ry. Co. Officers : SIDNEY DILLON, President. New
York, N. Y.: Oliver4W. Mink, Comptroller ; Alex. Millar, Secretary ; James G. Harris. Treasurer, Boston. Maes.

1008 POOR'S MANUAL UNION PACIFIC SYSTEM.

ECHO AND PARK CITY BAIL, WAY.— Echo, Utah, to Park City, Utah, 27.59 miles ; branch,
Coalville to Coal Mine.*, 2.51 miles— total, 30.10 miles. Gauge, 4 ft. 8} in. Chartered as Summit County RR. Co.
November 23, 1871 ; road opened to Wasatch. July 1. 1873. Purchased by the Union Pacific RR. Co. in March,
1877. Extended to Park City and to Grass Valley in 1880. Company reorganized under present name January
17, 1881. The Union Pacific owns the entire issue of stock and bonds, and they are held by Drexel. Morgan &
Co. under the trust, indenture of September 4, 1891. Rolling Stock.— Locomotive engines, 2. Cars— passenger,
1; freight (flat, 3 : coal, 49), 52 ; caboose, 2 ; officers'. 1— total cars, 56. Earnings, year ending December 31. 1891.
—Passenger, $10,690.80 ; freight, $108,923.15 ; mail and express, $2,978.73 ; miscellaneous, $1,047.96— total,
$123,640.64. Expenses and taxes, $84,659.12. Net earnings, $38,981.52. Payments: Interest on honds, $28,800 ;
discount and interest, $12,000— total, $40,800. Deficit, $1,818.48. Financial Statement, December 31, 1891.—
Capital stock, $480,000 ; funded debt (1st mortgage 6 per cent, bonds, due July 1. 1911, interest January and July),
$480,000 ; accounts payable, §300,800— total, $1,260.800. Contra ; Construction, $968,812.07 ; accounts receivable,
$964.29 ; income account, $291,023.94— total, $1.260,800. Officers : Same as preceding road.

JUNCTION CITY AND FORT KEARNEY RAILWAY.-Jnnction City, Kan., to Concordia,
Kan., 70.86 miles ; branch, La \vrenceburgh to Belleville, Kan., 17.14 miles — total. 88.00 miles. Gauge, 4 ft. 8|in.
Chartered July 10, 1871 ; road opened to Clay Centre, February 13, 1873 : to Clifton, February 1. 1878 ;' to Clyde,
August 1, 1878 ; and to Concordia in 1879. The Belleville branch was completed November 9, 1884. The 7 per
cent, bonds are held in the Kansas Pacific consolidated m< '

ture of September 4, 1891, hold $44,000.

Operations for year ending December 31, 1891. — Traffic statistics not reported. Earnings — passenger,
$26,856.05 ; freight, $94,881.78 ; mail, $6,689.59 ; express, 83,420 ; other, $1,760.47— total, $133,607.89. Operating
expenses — transportation, $41,236.97 ; motive power, £39.fi75.'.)4 ; maintenance of cars, £4.140.96 ; maintenance of
way, $42,748.82 ; general, $1,891.87— total, $129,694.06. Net earnings, $3.913.83. Payments : Interest on bonds,
$76,450 ; taxes, $17,860.86 ; town lot, $17.47— total, $94,328.33. Balance, deficit, $90,414.50. Financial Statemfht,
December 31. 1891.— Capital stock, $1,056,100 ; 1st mortgage 7 per cent, bonds, due 1903, $970.000: 1st mort-
gage branch 5 per cent, bonds, due 1902, $171 ,000 : accounts payable, $811,364.87; interest accrued, $17,687.50—
total, $3,026,152.37. Contra: Cost of road and fixtures. $2.216,734.58; income account, $809,417.79— total,
$3,026,152.37. Officers : Same as those for the Denver, Leadville and Gunnison Ry.

KANSAS CENTRAL RAILROAD.— Leavenworth, Kan., to Miltonvale, Kan., 165.49 miles. This
includes 0.57 mile, at Valley Falls, used jointly with the Atchison Co. Gauge, 4 ft. 8£ in. Rail, 35 and 40 Ibs.
Chartered as Kansas Central Railway Company, May 31, 1871 ; road opened December 14, 1877. Sold under fore-
closure April 14, 1879, for $252,000, and reorganized under the present title April 15, 1879. The Union Pacific Ry.
Co. owns $1,313,400 stock and $1,347,000 bonds of this company, and they are held by the trustees under the trust
indenture of September 4, 1891. Holling Stock. — Locomotive engines, 5. Cars — passenger, 6 ; coach and baggage,
1 ; baggage, mail, and express, 3 ; freight (box, 180 ; stock, 29 ; platform, 14 ; coal, 45), 268 ; caboose, 4 ; other. ;,-
— total, 284. Operation* for year ending December 31, 1891. — Traffic statistics not reported. Earnings — pas-
senger, $19,728.99; freight, $122,731.60; mail, $11,282.78; express, $2,940.65; miscellaneous, $5,735.29— total,
$162,419.31. Operating expenses— transportation, $49,611.43; motive power, $49,608.53: maintencnce of cars.
$11,793.26; maintenance of way, $171.886.46 ; general. $3,454.91— total, £386.354. 59. Deficit, £123,935.28. Paid
interest on bonds, $80,880 ; taxes, $26,244.28 : net town lots expenses, $123.35— total. $107,247.63. Total deficit,
$231,182.91. Financial Statement, December 31, 1891. —Capital stock, $1,348,000 ; funded debt, 1st mortgage 6 per
cent. 30-year bonds, dated April 22, 1881, interest April and October, $1.348,000 ; accounts payable, $1,705,363.25 ;
interest accrued, not yet due, $20,220— total, $4,421,583.25. Contra: Cost of road and fixtures, $2,737.981.65;
income account, $1,683,601.60— total, $4,421,583.25. SIDNEY DILLON, President, New York, N. Y.; Oliver W.
Mink, Comptroller; Alex. Millar, Secretary ; J. G.Harris, Treasurer, Boston, Mass.

LARATOE, NORTH PARK AND PACIFIC RAILWAY (and Telegraph Co.).-Laramie
Wy., to Soda Lakes, 13.36 miles. Gauge, 4 ft. 8i in. Chartered May 24, 1880. The Union Pacific Ry. Co. owns
the entire capital stock of this company, and it is held by the trustees under the trust indenture of September 4,
1891. Operation* for year ending December 31, 1891.— Traffic statistics not reported. Earnings (freight), $784.02.
Expenses, $3,732.43. Deficit, $2,948.41. Paid taxes, $967.15— total deficit. £3,915.56. Financial Statement,
December 31, 1891.— Capital stock, $66,500 ; accounts payable, $8,230.21— total, $74,730.21. Contra: Cost of road
and fixtures, $66,500 ; income account, $8,230.21— total, $74,730.21. SIDNEY DILLON, President, New York, N.Y. :
Oliver W. Mink, Comptroller ; Alex. Millar, Secretary / J. G. Harris, Treasurer. Boston, Mass.

OMAHA ANI) REPUBLICAN VALLEY RAILWAY.— Valley, Neb., to Manhattan, Kan.,
189.01 miles ; Blue Springs Junction, Neb., to Blue Springs. Neb., 0.68 mile ; Valparaiso, Neb., to Stromsburg,
Neb., 53.30 miles ; Columbus, Neb., to Norfolk, Neb., 50.37 miles ; Ocone, Neb., to Albion, Neb., 34.54 miles ;
Genoa, Neb., to Cedar Rapids, Neb.. 30.55 miles ; Grand Island, Neb., to Ord, Neb., 60.77 miles ; Scotia Junction,
Neb., to Scotia, Neb., 1.37 miles ; St. Paul, Neb., to Loup City, Neb., 39.40 miles ; Boelus, Neb., to Pleasanton,
Neb., 22. 06 miles— total, 482.05 miles. Consolidation, 1887, of the Omaha and Republican Valley, the Omaha,
Niobrara and Black Hills, the Marysville and Blue Valley, and the Manhattan and Blue Valley RR. Cos. (See
MANUAL for 1888, page 899.)

The LTnion Pacific Ry. Co. owns $2,327,523.77 of the capital stock of this company, which is held by the
trustees under the trust indenture of September 4, 1891. It also owns the following bonds : $1,557,000 O. & R.
V. RR. Co. bonds ; $3,037,000 O. & R. V. Ry. Co. consolidated first mortgage bonds ; $1,246,000 O. & R. V. Ry.
Co first mortgage extension bonds. Of the' above bonds, there are pledged in the six per cent, collateral trust of
the Union Pacific Ry. Co. $911,000 O. & R. V. RR. Co. bonds, and in the five per cent, collateral trust, $605,000
O. & R. V. RR. Co. bonds, and $1,910,000 O. & R. V. Ry. Co. consolidated first mortgage bonds. The American
Loan and Trust Co., trustee, for the benefit of the mortgage creditors of the Kansas Pacific Ry. Co., holds
$636 000 O & R. V. Ry. Co. consolidated first mortgage bonds. The trustees under the trust indenture of Sep-
tember 4, 1891, hold $41,000 O. & R. V. RR. Co. bonds, $491,000 O. & R. V. Ry. Co. consolidated first mortgage
bonds, and $1,246,000 O. & R. V. Ry. Co. extension bonds.

Rolling Stock, December 31, 1891.— Locomotive engines, 18. Cars— passenger, 1 ; baggage, mail, and express,
3 ; freight (box, 248 ; flat, 4 ; coal, 104 ; stock, 8), 364 ; caboose, 1— total cars, 369. Operation* for year ending
December 31, 1891.— Traffic statistics not reported. Earnings— passenger, $267,600.92 : freight, $844,114.52 ; mail,
$42,185.68 ; express, $9,720 ; miscellaneous, $23,052.02— total, $1,186,673.14. Operating expenses— transportation,
$369 315 44 • motive power, $438.277.10 ; maintenance of cars, $55,497.67 ; maintenance of way, £375.689.51 ;
General, $16,027.65— total, $1,254.807.37. Deficit, $68,134.23. Receipts from sales of town lots, $1,054.03 ; from
trust investments $3,726.40— total, $4,780.43. Net deficit, $63,353.80. Payments : Interest on bonds, $329,578.35 ;
taxes $101 941.13; sinking fund, $20,906.67— total, $452,426.15. Total deficit. $515.779.95. Financial Statement,
December 31, 1891.— Capital stock, $2,347,050 ; consolidated 1st mortgage 5 per cent, bonds, due 1927, $3,136,000 ;
1st mortgage extension 5 per cent, bonds, due 1927, $1,246,000 ; O. & R. V. RR. Co. 7 per cent, bonds, due 1909,
$1,559,000 ; accounts payable, $2,846,475.62 ; income used for sinking funds. $93.550.39 ; interest accrued not yet
due $62,650— total, $11,290,726.01. Contra: Cost of road and fixtures. $8.581,921.31 ; American Loan and Trust
Co., trustee, $782.05 ; sinking fund investments, $101,438.52; income account, $2,606,584.13— total, $11,290,726.01.

POOR'S MANUAL — UNION PACIFIC SYSTEM.

1009

Officer*: SIDNEY DILLON. President, New York, X. Y. ; Oliver W. Mink, <'oi»j>troUrr ; Alex. Millar, Secre-
tary; J. G. Harris. 7'm/.v//vr. Boston. Ma-s.

OREGON SHORT LINE AND UTAH NORTHERN RAILWAY.— .ttrtwta/tf gauge:
Granger, \Vy.. to Iluntiugtoii. Ore., 541.81 : Pocatello, Idaho, to Silver Bow. .Mont.. 556.05 ; Shoshone, Idaho, to
Ketcnum, Idaho. 69.% ; Nampa. Idaho, to Boise ( 'iry. Idaho. ls.94 ; Ogden. Utah, to Frisco, Utah. 575.93 : Ogden,
Utah, to McCammon. Idaho. 110.63 : C ache Junction, Utah, to Preston, Idaho, 45.35 ; Syracuse Junction. Utah, to
ise. Utah. 5.85 ; Lehi Junction. Utah, to Tintic. Utah, 53.56 : Mammoth Junction. Utah, to Eureka, Utah,
351 • IrontOD to Northern Spy Mine. Utah, 6.81— total, 1,385.10 miles. Harrow <«iii(je ; Salt Lake City. Utah, to
Terminus. Utah. 37.35 ; Saltair Junction to Great Salt Lake, Utah, 5.45 miles— total, 311.74 miles. Total of all
lines. 1.454.84 miles. Gauges. 4 ft. Hi in. and 3 ft. Steel rails, 1,134.01 miles. Consolidation August 1, 1889. of
the Oregon Short Line vsee MANUAL for ISS'.I. page 879), the Utah and Northern (set; MANUAL for 1889, paire 880).
the Utah Central (see MANUAL for 1SS1.). page 923). the Salt and Western (see MANUAL for 1889, page 879), the
Utah and Nevada (see MANUAL for 1889. page 953). the Ogden and Syracuse (see MANUAL for 1889, page 893), the
Idaho Central, and the Nevada Pacific Ry. Cos.. The last mentioned company was incorporated before the date
of the consolidation, and included in it in order to give the consolidated company the power to construct and
operate lines of railway in Nevada. The capital stock of the Oregon Short Line and Utah Northern Ry. Co. is
limited to $57,000,000. " On Decemher 31. 1891, the amount of stock outstanding, including stock of constituent
companies not then exchanged, was $56,544.853.32, of which the Union Pacific had in its treasury, $14,990,703.33.
All of the stock owned by the Union Pacific Ry. Co. is held by the trustees under the trust indenture of Septem-
ber 4. 1891. For details of exchange of stock, etc., in consolidation, see MANUAL for 1889, page 879. The com-
pany leases the Oregon Ry. and Navigation system for 99 years from January 1, 1887, at a rental equal to interest
on bonds, 6 per cent, dividends on stock and "expenses of organization.

During the year, the Oregon Short Line & Utah Northern Ry. Co. purchased $407,500 of the stock of the
Oregon Ry. & Navigation Co. The amount of such stock owned by it on December 31, 1891, was $14,348,200. Of
the stock thus owned $13,000,000 in amount was at the close of the year held by the trustee under the collateral
trust mortgage of the Oregon Short Line & Utah Northern Ry. Co.. and $300,100 in amount was held by the same
trustee as an investment for the sinking fund established thereunder. On December 31, 1891. the Oregon Shgrt
Line & Utah Northern Ry. Co. had pledged with the Union Pacific Ry. Co. $1,035,000 in the stock of the Oregon
Ry. »fc Navigation Co.. with power in the U~nion Pacific Ry. Co. to rehypothecate or sell the same. The stock
thus pledged with the Union Pacific Ry. Co. was by that company deposited with the trustees under the trust
indenture of September 4, 1891. The remaining $13,100 in stock is held in the treasury of the Oregon Short Line
& Utah Northern Ry. Co.

Rolling Stock, December 31, 1891. — Standard Gaur/e : Locomotive engines, 123. Cars — passenger. 47 ; pas-
senger and baggage. 5 ; emigrant sleepers, 3 ; baggage, niail, and express, 27 ; freight (box, 883 : furniture. 245 : Hat,
1S5: coal, 2.294 : coal dump, 88 : stock, 494; caboose. 65), 4,254— total, 4.336. Also 1 officers' and pay. and 12
roadway cars. Xnrron: ^'/'"jr
20 : baggage, mail, and express.
675— total, 715. Also 2 officers',
driver, 5 water and tank, and 1 plough and scraper car.

Operations for year ending December 31, 1891.— Traffic statistics not reported.

(^miffr : Locomotive engines, 7. Cars— passenger, 12 ; coach and baggage, 2 ; excursion,
;press. 6 : freight (box, 262 ; flat, 71 ; coal, 173 ; coal dump, 94 ; stock. 61 ; caboose, 14),
hcers', 26 extra trucks and 7 roadway cars, 2 boarding, 1 derrick, 1 wrecking tool, 1 pile-

Karniags.— Passenger $1,730,090 79

Freight 5,316,027 96

Mail 282.045 45

Express 156,480 69

Miscellaneous... 119.81163

Total ($5.355.84 f>er mile) $7,574,456

Expenses.— Transportation $1,425,489 22

Motive Power 1,60.

Maintenance of Cars 464,350 93

Maintenance of Way 1,007,591 03

General 74,533 86

Total ($3,216.23 per mile). .

$4.574.151 21

Net earnings (39.61 per cent.) $3.000,305.31 ; add income from investments (including $848,049 dividends
received on O. Ry. & N. Co.V stock), $9S3.226.80 ; rental. Montana Union Ry.. $51.408.65 : sale of town lots. $1.-
016.10— total, $4,035.956.83. Payments : Interest on bonds. $2.s49,s54.37 : discount and interest, $4,064.43 ; taxes,
$216,391.15 ; profit and loss, $57. 2i)5.38 ; ^inking fund, $517,458.33 ; miscellaneous charges, $3,054.75 ; loss on O
Ry. & N. Co. system. $1,156. 948.88— total. $4.445,064.59. Balance, deficit, $409.107.46. This deficit is exclusive
of any sums that may be due to the Union Pacific Ry. Co. for interest on unfunded debt.

Statement of funded debt outstanding and amount held by the Union Pacific Ry. Co., December 31, 1891 :

CHARACTER OF BONDS.

INTEREST.

PRINCIPAL.

Amount

Outstand-
ing.

Held by
Union
Pacific
Ry. Co.

%
*1,827.000
4,430,500

4,420 666

Rate.

Payable.

Date of Date of
Issue. Maturity.

Consolidated Mortgage Gold Bonds
Collateral Truet 5 per cent. Bonds
Oregon Short Line 1st Mtge. Guaranteed
Utah and Northern 1st Mortgage Bonds. . . .
Utah and Northern Consol. 1st Mtge. Bonds.
Utah and Northern Equipment Trusts
Idaho Central 1st Mortgage

p. c.

I
8

5
5
6
6

7

Apr. & Oct.
Mar. & Sep.
Feb. & Aug.
Jan. & July
Jan. & Julv
Apr. & Oct.
Jan. & July
Jan. & Julv
Jan. & July
Jan. & July
Jan. & July

Aug. 1, 18891 April 1, 1919
Sept. 2, 1889 Sept. 1, 1919
Nov. 1. 1881 Feb. 1,1922
July 1, 1878! July 1, 1908
July 1, 1886 July 1, 1956
A prill, 1887 April 1, yearly
Jan. 1, 1887 Jan. 1, 1917
Jan. 1, 1S70! Jan. 1, 1890
July 1, 1871 July 1. 1891
July 1, 1879 July 1, 1909
Julv 1, 18791 July 1, 1909

11.128,000
13,000,000
14,931,000
4.995,000
1.885,000
513.000
140,000
% 7.000
424,000
1,526.000
1,950,000

' " 1 9i 666

" ' 389 000

Utah Central 1st Mortgage
Utah Southern 1st Mortgage Currency
Utah Southern General Mortgage Bonds
Utah Southern Ext. 1st Mortgage Bonds

Totals ....

982,000

50,179,000! 12,139,500

* In addition to these bonds held by the U. P. Ry. Co., the O. S. L. & U.N. Ry. Co. holds $2,052,000, of
which $1,988,000 are pledged with the Union Pacific Ry. Co. as collateral for advances, with power to rehypothe-
cate or sell.

t The O. S. L. & U. N. Ry. Co. holds $1,000 in addition to this.

t The O. S. L. & U. N. Ry. Co. holds $1,000 of these bonds.

The total of the above bonds owned in the system, as shown, is S14.193.500 ($2,054.000 by the company, and
$12,139,500 by the Union Pacific), of which the following, aggregating $13.456,500, are held in trust: O. S L &
L . N. Ry. Co. consolidated first mortgage bonds, $3,879,000 ; collateral trust bonds, $4,505,500 : Utah Northern

64

1010 POOR'S MANUAL — UNION PACIFIC SYSTEM.

Ry. Co. first mortgage bonds, $4,420,000 ; Idaho Central Ry. Co. first mortgage bonds, $91,000 ; Utah Southern
RR. Co. first mortgage bonds, $389,000 ; extension first mortgage bonds, $982.000. All of these bonds are held by
the trustees under the trust indenture of September 4, 1891, excepting $2,098,000 in Utah & Northern Ry Co
first mortgage bonds held in the Union Pacific RR. Co.'s 6 per cent, collateral trust, $1,974,000 in Utah and
Northern Ry. Co. first mortgage bonds, and $83,000 in Urah Southern RR. Extension first mortgage bonds held in
the Union Pacific Ry. Cos. 5 per cent, collateral trust.

The consolidated mortgage bonds are dated August 1, 1889, and mature April 1, 1919. Both principal and
interest are expressed to be paid in United States gold coin. This issue is limited, including all underlying mort-
gage bonds, to $25,000 per mile of completed railway, with provisions for issuing additional amounts when neces-
sary for terminals and second tracks, not exceeding in the aggregate $35,000 per mile of double track, and is
secured by a mortgage on the entire property and the franchises of the consolidated company. Provision is
made for the retirement of all underlying mortgage bonds pari-passu with the issue of consolidated bonds, so that
the total issue of all bonds, both consolidated and underlying, shall never exceed the amount per mile of com-
pleted single or double track railway above stated. Bonds may be paid before maturity at 105 and accrued inter-
est, after notice as provided in the mortgage, but only upon payment of the entire issue. Interest, payable April
1 and October 1, is guaranteed by the Union Pacific Ry. Co. under a traffic agreement, in the same way that pay-
ment of interest on Oregon Short Line Railway Co. 6 per cent, bonds is now guaranteed. The mortgage provides
for a sinking fund consisting of an annual payment of a sum of money equal to two-thirds of one per cent, of the
aggregate principal of the bonds secured by the mortgage and certified by the trustee, but only so far as the net
earnings of the company are sufficient after payment of taxes and interest on all bonds. Consolidated mortgage
bonds can be bought as an investment for this sinking fund at a price not over 105 and interest, but bonds cannot
be drawn by lot for payment.

On the 31st of December, the Oregon Short Line & Utah Northern Ry. Co. was indebted to the Union Paci-
fic Ry. Co. in the sum of $4,633.531.68. Against this, it had pledged with that company, with the power in the
Union Pacific to rehypothecate or sell, $1,988,000 in Oregon Short Line & Utah Northern Ry. Co. consolidated
5 per cent, bonds ; $411,000 in Union Pacific Coal Co. first mortgage 5 per cent, bonds, and $401,400 in Union
Pacific Coal Co. stock. The Oregon Short Line & Utah Northern Ry. Co. has also pledged with the Union Paci-
fic Ry. Co., with the power in that company to rehypothecate or sell, $712,000 in Oregon Ry. & Navigation Co.
consolidated mortgage five per cent, bonds, and $1,610,000 in Oregon Ry. & Navigation Co. collateral trust five
per cent, bonds. These bonds are owned by the Oregon Ry. & Navigation Co., which company is in turn
indebted to the Oregon Short Line & Utah Northern Ry. Co. for moneys advanced in the construction of the
Washington and Idaho RR., the road of the Oregon Ry. Extensions Co., and for additional equipment furnished
for, and betterments made on, the lines of the Oregon Ry. & Navigation Co.

Owing to the unfavorable market for these bonds, it has been deemed best to make no settlement of the
indebtedness above specified. Accordingly the bonds were pledged with the Union Pacific Ry. Co., with power
in that company to rehypothecate or sell. The bonds have since, pursuant to this power to pledge or sell, been
deposited with the trustees under the trust indenture of September 4, 1891.

General Balance Sheet, December 31, 1891.

Cost of Road and Fixtures $60,832,346 46

Investments 15,730,921 16

Sinking Fund Balances 379.01(1 71

Advances payable in Bonds and Stock. . . 2,982,959 90
Income Account 1,346,670 16

Total Assets $81,171,989.39

Capital Stock $26,033,719 98

Stock of Constituent Companies 211,133 34

Funded Debt 50,179,00000

Floating Debt* 2,775,434 77

Interest and Rental Accrued not yet Due. 849,780 64

Material Account, Or. Ry. & Nav. Co 385,491 87

Sales of Trust Property 308,602 60

Income used for Sinking Funds 428,826 39

Total Liabilities * ... .$81,171,989 39

Officers: SIDNEY DILLON, President, New York, N. Y. ; Oliver W. Mink, Comptroller ; Alex. Millar, Secre-
tary ; 'J. G. Harris, Treasurer, Boston, Mass.

OREGON RAILWAY AND NAVIGATION COMPANY.— Main Line of Road.— Portland,
Ore., to Huntington, Ore., 402. 07 mile.s ; Albiita Branch : East Portland to Albina, Ore., 2.13 ; La Crosse Division :
Umatilla Junction, Ore., to Dixie and Dudley, Wash., 71.07 ; Blue Mountain Branch: Pendelton, Ore., to
Spokane Falls, via Farniington, 250.56 ; Heppner Branch : Willows Junction to Heppner, Ore., 45.34 ; Dayton.
Branch • Bolles to Dayton, Wash., 13.36 ; Pomeroy Branch : Starbuck to Pomeroy, Wash., 30 ; Connel Branch :
Connel, Wash., to La Crosse Junction, 53.12 ; Colfax, Wash., to Moscow, Idaho, 28.58 ; Tekoa, Wash, to
Mullan. Idaho, 87.10 ; Wallace to Burke, Idaho, 0.67 ; Oregon Extension Co.; Winona Junction to Celtice, Wash.,
47.84 ; La Grande to Elgin, Ore., 20.89— total, 1,059.33 miles. Sidings, etc., miles. Of the La Crosse Divi-

sion, 13.4 miles, from Walla Walla to Dixie and Dudley, Wash., is of 3 ft. gauge ; the gauge of the rest of the
line is 4 ft. 8£ in. Rail (steel, — miles), 60 Ibs. per yard.

History. — Chartered June 13, 1879 ; business commenced July 1, 1879. This company is a consolidation of
the Oregon Steamship Co., the Oregon Steam Navigation Co., and the companies owning the railroads built to
overcome the rapids of the Columbia River. (See MANUAL for 1888, p. 910.) The property was leased for 9S) years
from January 1, 1887, to the Oregon Short Line Ry. Co.. and lease transferred to its successor, the Oregon Short
Line and Utah Northern Ry. Co., August 1, 1889, the rental being interest on bonds, 6 per cent, dividends on
stock, and expenses of organization. Rental is guaranteed by the Union Pacific ~Ry. Co. In addition to its lines
of railroad the company operates steamship lines as follows : Ocean Line— San Francisco to Portland, 670 Miles ;
Puget Sound Lines — between Tacoma, Olympia, Seattle, Victoria, and other Sound points, 238 niiles ; River lines
—on the Willamette, between Portland and Eugene, 172 miles ; on the Willamette and Columbia Rivers, between
Portland and Astoria, 98 miles ; and between Portland and the Lower Cascade, 63 miles ; on the Columbia River,
between the Upper Cascades and the Dalles, 51 miles ; and between Celilo and Priest's Rapids, 205 miles ; and on
the Snake River, between Texas Ferry and Lewiston. 78 miles— total river lines, 667 miles.

Rolling Stock. December 31, 1891.— Locomotive engines (standard gauge, 100 ; narrow gauge, 3), 103. Cars
—standard gauge, passenger, 32 ; baggage, mail, and express. 25 ; officers' and pay, 3 ; freight (box, 1,833 ; furni-
ture, 198 ; flat, 290 ; coal, 135 ; coal dump, 40 ; stock, 233 ; caboose, 44), 2,773 ; road and miscellaneous, 88— total,
2,921. Narrow gauge, passenger, 2 ; freight (box, 21 ; flat, 38 ; combination stock, 4 ; caboose, 1), 64— total, 6(5.
Total of all cars,' 2,987.

FLOATING EQUIPMENT. — Ocean Division : Iron steamships and coal barge ; River Division : steamboats,
steam launch, barges, wharf boats ; Puget Sound Division : steamboats and barge.

Operations for year ending June 30, 1890.— Train mileage— passenger, 834,738 ; freight, 1,142,501 ; mixed,
155,390 ; other, 830,741— total, 2.973,370 miles. Passengers carried, 271,295 ; carried one mile, 36,308,716 ; average
mile rate, 2 cents. Tons of freight moved, 669,952 : moved one mile, 161.874,496 ; average ton-mile rate, 1 cent.
Earnings— passenger, $1,018,733.62 ; freight, $3,180,394.45 ; mail, $135,419.45 ; express, $59,296.16 ; miscellane-

* Excluding the amount due the contractors for building the Milford-Pioche line, which has not yet been
taken up in the company's accounts, the contract not having been completed.

POOR'S MANUAL — UNION PACIFIC SYSTEM.

1011

ous $43 503 21— total, $4,437,346.89. Expenses— transportation, §1,799,147.59 ; maintenance of equipment, $483,-
824.48 ; maintenance of way. etc., $«i3ti,713.47 ; general. §23:>,358.91— total, §3.155,044.25. Net earnings (29.90 per
cent i §1.282,302.64. Add interest received, $14,000 ; other receipts, §107,479.51— total available revenue, $1,403,-
;s-> n "Payments • Rentals, including tracks, yards, and terminals, $2,617,295.64 ; taxes. §139,357.49 ; other. §].-
790.81— total payments, §2,758,373.94. Balance deficit, $1,354,591.79.

/,<>.<<//•'.-• Income Account, for year ending June 30, 1890.— Receipts :— Income, from lease of road, $2.475,663.-
40 ; miscellaneous interest, $93,335.73 ; premiums and discount on bonds. §942.76— total receipts, §2,5(39.941.89.
Payments • Interest on funded debt accrued. §1,001,816.63: dividends (6 per cent.), §1,440,000 ; sinking fund,
$60,000 ; salaries and maintenance of organization. §26,035.68 ; other payments, 129,334.04— total, $2,657,186.35.
Balance deficit for year, §87,244.46 ; surplus from last year, $507.299.65 : net surplus. §420.055.19.

Statement showing the losses arising during the years 1890 and 1889 from the operations of the properties,
leased from the Oregon Railway and Navigation Co. by the Oregon Short Line and Utah Northern Ry. Co. :

INCOME.

1891

1890

Exi'ENDITri'.ES.

1891

1890

$
5,673,172 14

4,959,711 32

Rental

2.623,306 76
6,02283
105,000 00
7 435 15

§
2,556,593 64
15,00000
55,415 07

Expenaes

Organization Expenses
Interest on No. Pac. Term. Prop.

3.816,388 39
151,737 74

3,936,025 23
124,35000

Total

i Deficit, Water Lines
Miscellaneous Charges

Total Charges
Deficit

80,630 15 70,517 ho
30,600 00

3,968,126 13

4,060,375 23

Net Earnings
Miscellaneous Income

1,705,046 01

21,00000

894,33609
14,00000

2,852,994 89

2,697,526 57

1.726,04601

908,336 09

1,126,948 88

1.7*9,19048

The following statement shows in detail the item of deficit in net earnings of Avater lines in the preceeding

statement :

1891

1890

1891

1890

Earnings.
Passenger, Commercial

$

482,129 49
61750
778,786 59
1,1)3469
7,011 96
22,948 07
5,150 00

671^67 94
1.025 15
869,7-J-,' 4^
3. 815 10
1.151 03
32,072 64
5.600 00;
3,469 18
48,162 32
32,109 78

Expense*.

Operating Expen ses

Deficit

1.392,*67297.

1,716,403 48

55,46569!
25,164 46

47.307 86
23,210 00

Freight Government

Taxes.

Freight, Company
Mail, Government
Mail. Canadian

Deficit

80,630 15
104.14
106.03

70.517 86
103.43
104.23

Expense Ratio (excl. Taxes i. .
Expense Ratio (incl. Taxes). . .

i

Express, Commercial
Charter

2.762 23

3.23!) 20
32,627 55

Miscellaneous, Commercial. . .
Total Earnings

1.337,207 28

1,669,095 62

Fniitl Statement, June 30. 1889 (latest furnished).— C&*h in hands of trustees June 30, 1888. §59,969.-
36 : received by the trustees during the year, §96*840— total, $156,509.36. Contra : Bonds purchased (40), $43,-
948.75 ; accrued sinking fund, $10,000 : cash in trustees' hands June 30, 1889. §83.690.61 : accrued supplementary
fund, payable July 1, 1889, $18,870. By the terms of the sinking fund for the retirement of the 1st mortgage
bonds, the company is required under the original mortgage, to pay to the trustees, for the purchase and cancel-
lation of bonds, the sum of $60.000 per annum, payable semi-annually May 1 and November 1 ; and under the
supplementary mortgage an additional sum must be paid to the trustees January 1 and July 1 of each year, which
shall be equal to the interest which would have accrued on the bonds in the "sinking fund on those respective
dates, had they not been cancelled. The trustees may purchase the ponds at any time during the year, at a price
not to exceed 110 flat, but tailing to procure them at or below that price, they are required to apply the funds in
their hands to the redemption of the bonds at par, selected by lot on the first day of January in each year.

General Balance S/ttef, December 31, 1891.— Capital stock (par value, §100), §24,000.000; funded debt. §22,-
844,000 ; accrued interest not yet due, $114,844.15 ; income used for sinking fund, §1.013.280 : profit and loss. $382,-
387.21— total, §48,304,511.36. Contra : Cost of road and fixtures, §36,4757648.23 : investments, stocks and bonds,
$4,723,805.63 : bonds in trust, §4,855.324 : miscellaneous accounts, §840.522.89 : land assets, §637.868.07 ; current
assets^ $380,789.97 ; materials, $390,352.57— total, §48,304.511.36.

?r cent 30- year
12,583,000 ($30,-
due Jnne

1, 1925 ; interest payable June and December'; and $5, 182,000 7 §25.000.000 authorized), collateral trust 5 per cent.
30-year §1,000 gold coupon bonds (with provision for registration of principal), due September 1, 1919 ; interest
payable March and September. Interest on all bonds is payable at Union Trust Co., New York, N. Y., and at
Boston, Mass.

Under the terms of the mortgage, interest is paid on the total authorized issue of first mortgage bonds, and
the difference between interest on bonds outstanding and the amount of interest on the total issue is placed in a
sinking fund for the retirement of the bonds at 110, and if not procurable at that price, to be drawn for at par on
January 1, annually. Trustee, Farmers' Loan and Trust Co., New York. N. Y.

The consolidated mortgage bonds are authorized at the rate of §25.000 per mile of completed standard gauge
road. The first 6.000 bonds issued under this mortgage— Nos. 1 to 6,000 inclusive— are deposited with the Farm-
ers' Loan and Trust Co., trustee, against the issue of $6,000.000 1st mortgage bonds. The following stocks are
held as security under this mortgage : Cascade RR. Co., §150,000 ; Columbia and Palouse RR. Co., $1.000,000 ;
Walla Walla and Columbia River RR. Co.. $700,000— total, $1,850,000.

The collateral trust bonds are authorized at the rate of $9,000 for every §10.000 of principal specified, The
entire issue may be redeemed at 105, on any interest day, upon seven months' notice. Trustee, American Loan
and Trust Co., Boston, Mass. The following bonds are held as security under the collateral trust indenture :
Washington and Idaho RR. Co. firsts, $4,260,000 ; Oregon Ry. Extension Co., $1,511,580— total. §5,771,580.

1012 POOR'S MANUAL — UNION PACIFIC SYSTEM.

Bonds Owned.— Columbia and Palouse RR. Co. 6s, $2,829.000 ; Willamette Transportation and Locks Co.,
4s, $350,000 ; Washington and Idaho RR. Co. 5s, $4,447,500 ; Oregon Ry. Extension Co. 5s, $1,51 1,580— total, $9,-
138,080. Sfort* Owned— Columbia and* Palouse RR. Co., $1,000,000 ; Cascade* RR. Co.. $150.000 ; Washington
and Dalles RR. Co., $50,000 ; Walla Walla and Columbia River RR. Co., §700,000 ; Mill Creek Flume and Mf<*
Co., $500,000 ; Washington and Idaho RR. Co., $2.308,200 ; Oregon Ry Extension Co., §1.000,000— total, 5,408.200
Total par value of stocks and bonds owned, $14,546,280. Cost of same as per balance sheet, (9,579,889.68.

Annual meeting, third Monday in June, at Portland. Oregon. Books close about 25 days prior thereto, and
reopen about June 21. Dividends payable January. April, July, and October 1, at the treasurer's office, New
York, N. Y. Dividends declared generally twenty days before payment ; books reopen day after payment.
Whole number of dividends paid to date, 38. Voting power attaches to stock if held at time of closing of transfer
books. Registrar of stock, Farmers1 Loan and Trust Co., New York. Stock and bonds listed on New York Stock
Exchange.

Board of Itirtdnrx, Or<-f/on Py. <('• Nav. Co., clrcti-tl June 15. 189.1.— Chas. B. Fosdick, Jay Gould, Russell
Sage, Sidney Dillon, New York. N. Y.: F. L. Ames, Henry R. Reed, Boston, Mass.: F. G. Wheeler, W. W. Cot-

Mass. PRINCIPAL OFFICE AND ADDRESS, Portland, Oregon. Financial Office, Boston, Mass. Transfer Agent in
New York, Union Trust Co. Transfer Agent for Bonds, F. D: Butrick, Boston, Mass.

OREGON RAILWAY EXTENSION COMPANY.— Winona Junction to Seltice, Wash., tf.84 ;
La Grande to Elgin, Ore., 20.89— total, 68.73 miles. These lines are included in the mileage of the Oregon Ry.
and Navigation Co., which see. Gauge, 4 ft. 8j in. Locomotive engines, 4. Cars — passenger, 1 ; baggage, mail,
and express, 2 : freight (box. 138 ; flat, 3 ; stock, 21 ; caboose. 5), 167— total cars, 170. The road was leased to the
Oregon Ry. and Navigation Co. on January 1, 1887, for 97 years, and lease assigned to the Oregon Short Line Ry.
Co.. which was merged into the Oregon Short Line and Utah Northern Ry. Co. on August 1, 1889. Rental, inter-
est on bonds. Operations included in those of the Oregon Ry. and Navigation Co.'s rail lines. Financial State-
ment, December 31, 1891.— Capital stock, $1,000,000 ; funded debt, 1st mortgage 5 per cent, bonds, due 1919, $1,-
M 1,580— total, $2,511,580. Contra: Cost of road and fixtures, $1,512,060 ; "accounts receivable, $999,520— total,
$2,511,580. The entire capital stock and all the bonds are owned by the Oregon Ry. and Navigation Co. The
bonds are pledged in the collateral trust as part security for the O. Ry. & Nav. Co. 5 per cent, collateral trust
bonds.

WASHINGTON AND IDAHO RAILROAD.— Farmington to Spokane Falls, Wash., 60.43;
Tekoa, Wash., to Mullan, Idaho, 87.10 ; Wallace to Burke, Idaho, 6.67— total, 154.20 miles. These lines are in-
cluded in the mileage of the Oregon Ry. and Navigation Co., which see. Gauge, 4 ft. 8£ in. The road was leased
to the Oregon Ry. and Navigation Co. on January 1. 1887, for 97 years, and lease assigned to the Oregon Short
Line Ry. Co., which was subsequently merged into the Oregon Short Line and Utah Northern Ry. Co. Rental,
interest on bonds. Operations included in those of the Oregon Ry. and Navigation Co.'s rail lines. Financial
^tattment, December 31, 1891.— Capital stock, $2,308,200 ; funded debt, 1st mortgage 5 per cent, bonds, due 1919,
£4.117,500; accounts payable, $168,900— total, $6,924,600. Contra: Cost of road and fixtures, $6,924.399 ; stock
of Union Depot Co., Spokane Falls, $201— total, $6,924,600. The entire capital stock and all of the bonds are
owned by the Oregon Ry. and Navigation Co. All of the bonds, excepting $187,500 held in the treasury of the O.
Ry. & Nav. Co., are pledged in the collateral trust as part security for the O. Ry. & Nav. Co. 5 per cent, collateral
trust bonds.

ST. JOSEPH AND GRAND ISLAND RAILROAD.— St. Joseph, Mo., to Grand Island, Neb.,
251.06 miles. Gauge, 4 ft. 8£ in. History.— On the llth of June. 1885, the St. Joseph and Western RR. was sold
under foreclosure, the sale of the Hastings and Grand Island following on the 19th of the same month, both lines
being purchased by a committee of the bondholders. The St. Joseph and Marysville RR. Co. and the Grand
Island and Marysville RR., two new corporations, were organized in the States of Kansas and Nebraska, and con-
solidated under the present title. The property of the new company includes the St. Josephs Bridge Building
Company's bridge at St. Joseph and the entire line between St. Joseph, Mo., and Grand Island, Neb. (See MAN-
UAL for 1886 for full historical statement.) Since January 1, 1890, operated as part of the Union Pacific system.
The Union Pacific Ry. Co. owns $2,301,500 of this company's capital stock, but no bonds. The stock thus owned
is held by the trustees under trust indenture of September 4, 1891. This company owns $1.822,500 of the capital
stock of the Kansas City and Omaha RR. Co.; $125,000 St. Joseph Terminal RR. Co. stock ; and $1,000 St.
Joseph Union Depot Co. stock.

Rolling Stock, December 31, 1891.— Locomotive engines, 25. Cars— passenger, 10 ; baggage, mail, etc., 5 ;
freight (box, 417 ; platform, 36 ; stock, 93 ; coal, 27 ; caboose, 12), 585 ; officers', 1 ; service, 3— total, 604.

Operations for year ending December 31, 1891.— Traffic statistics not reported.

Earnings.— Passenger $164,792 67

Freight 582,173 00

Mail 26,694 13

Express 14,81569

Miscellaneous 57,«62 86

Total ($3,371.06 per mile) $846,338 35

Expenses.— Transportation $214,412 24

Motive Power 191.543 30

Maintenance of Cars 51,310 53

Maintenance of Way 150.793 66

General and Taxes 74,547 62

Total ($2,718.90 per mile) $682,607 35

Net earnings (26.80 per cent.), $163,731; add income from investments, $120; discount and interest,
$688.32 ; guaranty account, $260,296.48— total. $424,886.80. Payments : Interest on bonds, $420,000 ; corporate
expenses, $3,725.10— total, $423,725.10. Surplus, <PU, 110.70. Amount due to Kansas City and Omaha RR. Co.,
under its traffic agreement with this company and the Union Pacific Ry. Co., $129,397.37. Deficit, $128,286.67.

General Balance Sheet, December 31, 1891.

Cost" of Road and Fixtures $13,241,767 53

Equipment and Improvement Fund 15,663 26

Investments 139,10000

Income Account 260,937 47

Total Assets $13,657,468 26

Capital Stock $4,555.100 00

Stock of Constituent Cos . . 44,900 00— $4,600,000 00

First Mortgage Bonds 6,998.000 00

Certified for 1st Mtg.Bds.. 1,12204— 6,999,12204

2d Mtge. Income Bonds 1,679,000 00

Cert, for 2d Mtg. In. Bonds. 870 00— 1,679,870 00

1st Mtg. Bonds of Constituent Cos., etc. . . 20,004 53

2d Mtg. Bonds of Constituent Cos., etc. . . 22,409 17

Interest Accrued, not yet due 70,000 00

Accounts Payable $447,608 96

Less Accounts Receivable. . . 181,546 44— 366,062 52

Total Liabilities ... ... $13,657,468 26

Funded debt consists of $6,999,122.04 1st mortgage 6 per cent. 40-year $1,000 gold coupon bonds, dated July
.1, 1885, interest guaranteed by the Union Pacific Ry. Co., payable May and November, and $1,679,000 second

POOR'S MANUAL — UNION PACIFIC SYSTEM. 1013

mortgage income $1,000 40-year bonds, due July 1. 1912 ; interest not to exceed 5 per cent., payable January and
July. Included in the amount of 1st mortgage bonds above are $1,122.04 certificates for same and in income
bonds. $S7u income bond certificates. Annual meeting, second Tuesday in June : books close thirty days pre-
viously. Trustees of bonds : 1st mortgage, Central Trust Co.. New York, X. Y.; of 2d mortgage. James H. Bene-
dict. Charles F. Adams, and Isaac H. Bromley. Registrar of stock, Central Trust Co.. New York. Stock and
bonds listed ont he New York Stock Exchange. SIDNEY DILLON. President. New York. N. Y.; Oliver W. Mink.

• '.rcller ; Alex. Millar, Secretary : J. G. Harris. Treasurer. Boston, Mass. PRINCIPAL OFFICE. St. Joseph, Mo.

KANSAS CITY AND OMAHA RAILROAD. -Stromsburgh to Fairfield. Neb.. 64.35; "Y"
Switch. McCool Junction to K. C. & O. Junction. Fairbury. 43.U7 : Aim* Junction to Alma, 85.66 miles— total.
193.''.8 miles. Gauge. 4 fr. S in. Unionized in July, 1MS«. Eoad opened March 1. 1887. The five per cent, gold
bonds of this company, due January 1. 1927. were issued at the rate of $15.000 per mile, and are secured by first
mortgage of railroad and equipment. The interest is guaranteed jointly and severally by the St. Joseph and
Grantl Island Railroad Co. and the Union Pacific Railway Co., through an agreement for the interchange of traffic.
Rolling Stock. December 31. 1S91. — Locomotive engines, 10. Cars — coaches. 4 : baggage. mail, and exprt --
freight (box. 2«'i : caboose, 6 ; flat. 47i, 333; ditcher, 1— total cars. 342. Earnings for year ending December 31,
.Passenger, £22,759.89; freight. $92,886.11 : mail, $14.733.93: express, $8,210.78 : miscellaneous. §4.734.".-—
total t$7i'<t.i'3 per mile), $137,824.78. Expenses— transportation, $20,987.32; motive power. $5».i.686»2 : mainten-
ance of cars. $«<.l.i24.96 ; maintenance of way, $2;.22».». 18 ; general, g3.629.87 ; taxes, §32,802.16— total ($744.53 per
mile : 105.01 per cent. >. $144.200.51. Deficit. $^875.75. Guarantee account. $144.475.75— total income. $137.»;<«'.
representing the amount paid as interest on bonds. Financial Statement, December 31, 1891.— Capital stock. $4.-

•' : fractional certificates, for capital stock, $1.90" : 1st mortgage bonds, $2.713.000 : accounts payable. -

•' -total, $7.478,'.»7l."«''. Cr,,,f,>t : Cost of road and fixture. $7,1x8,000 : accounts receivable. $355.971.06— total.

«.97M.'6. The funded debt consists of first mortgage 5 per cent. 40-year coupon $1,000 bonds, due January 1,

Interest payable at office of Central Trust Co. (trustee, registrar, and transfer agent). New York. These
bonds are listed bn New York Stock Exchange. The Union Pacific owns $1..V.»5.500 in' bonds and $1.725.375 in
stock of this company, and the St. Joseph ana Grand Island RR. Co. owns $l.s22.5"»;> stock. The bonds and stock
owned by the Union Pacific are held by the trustees under the trust indenture of September 4. 1891. JAMES H.
BENEDICT. President ; Sidney Dillon." Vice-President, New York; James G. Harris. Treasurer; Alexander
Millar, Secretary. Boston. Mass.; W. J. Carroll. A$*i#tanl Stcre tary ; J. O. Brinkerhoff, General Manager. St.
Joseph, Mo.

SALINA AND SOUTHWESTERN RAILWAY.-Salina to McPherson, Kan., 35.47 miles.
Gauge. 4 ft. 8 }- in. Chartered December 16.1878: road opened July 3, 1879. Consolidated December 21.
with the Kansas and Southwestern Ry. Co.. without change of name". Operations for year ending December 31,
1891.— Traffic operations not reported. Earnings— passenger. $9.05s.l5; freight. $33.195.82; mail. $1.68'.(.K) : ex-
press. $1.500 ; miscellaneous. $2,208.02— total, $47,651.79. Operating expenses— transportation. $15.251.64 : motive
power. $10.447.91 : maintenance of cars. $871.32 : maintenance of way. $23.661.17 : general, $680.27 — total, $50.-
912.31. "Deficit. $3.260.52. Paid interest on bonds. $32.4»X) : taxes, $6.377.46: profit and loss, $13.359.34— total,
$52.136.80. Total deficit, $55.397.32. Financial Statement. December 31, 1891.— Capital stock, $288,400: funded
debt, first mortgage 6 per cent, bonds, due January 1. 1912, interest March and September, $540.000 : interest
accrued, not yet due. $10.800; accounts payable. $230.177.28— total, $1,059,877.28. Contra : Cost of road and fix-
tures. $838,084.89 : income account. $221,342.39— total. $!.< '59,377.28. The Union Pacific Ry. Co. own $231.700
capital stock, and it is held by the trustees under the trust indenture of September 4, 1891. The bonds are held
in the Kansas Pacific consolidated mortgage trust. Annual meeting, first Tuesday in May. SIDNEY DILLON,

tent, New York. N. Y.; Oliver W. Mink. Cit.-/i],f roller ; Alex. Millar, Secretary; J. G. Harris, Treaturer,
Boston. Ma~s.

SOLOMON RAILROAD.— Solomon, Kan. .to Beloit. Kan. .57.04 miles. Gauge. 4 ft. 8£ in. Organized
August 13. 1877. Road opened June 29. 187*. Operated by Union Pacific Ry. Co.. which supplies equipment.

:tion# for year ending December 31, IS'.u. — Traffic statistics not reported." Earnings — passenger. $27.073.32 :
freight. $104,291. s7 : mail, $4,592.28 ; express, $1-860; other. $1.023.42— total. $13*. 840. 89. Operating expenses-
transportation. $25.7-<3.l3: motive power. $21.243: maintenance of cars. $2.626.19: maintenance of way. $30.-
260.70: general. $1. 3.4.4H -total, $81,307.48. Net earnings. $57.533.41. Payments: Interest on bonds. $34,500 ;
taxes. $3,296.90— total, $43.796.9»i. Balance, $13.736.51. ~Finai«-i<tl gMMMNt, December 31. 1.^91.— Capital stock,

$1 , 108.850 ; funded debt, first mortgage 6 per cent, gold bonds, due May 1. 19<>S. interest May and November,
S575.CM' : accounts payable. §221, 43< >: Interest accrued, not yet due. $5.750— total. $1.911.030. ~ Contra : Cost of
road and fixtures. $1.7' 4.939.99 ; accounts receivable. $117,942.77': income account, $88.147.24— total. §1,911.030.
All of the bonds and $1.UA>.50" of the stock are held in the Kansas Pacific consolidated mortgage trust. Annual
meeting, first Tuesday in May. SIDNEY DILLON, President, ?\e\\' York. N. Y.; Oliver W. Mink. Comptroller;
Alex. Millar. Secretary : J. G.:Harris, Treasurer, Boston, M

UNION PACIFIC, DENVER AND GULF RAIL WAY. -LINES OWXED.
Standard Ganye. Xarrow Gauge.

Cheyenne to Orin Junction, Wyo .......... 153.68 miles. | Argo Junction to Georgetown. Col .......... 47. 34 miles.

Julesburg to La Salle. Col . . ." ............ 151 .48 miles. Georgetown to Graymont. Col ............. 8.47 miles.

Jersey. Col., to Cut-off Junction (3 rail*) . . 3.08 miles. Forks Creek to Central City, Col ........... 11.19 miles.

Denver to Fort Collins. Col ..... ........... 73. 86 miles. Golden to Glencoe, Col....". . .............. 8. 70 miles.

Loveland to Arkins. Col ................... 8.24 miles. , Boulder to Sunset, Col .................... 13. 16 miles.

Marshall Junction to Louisville. Col ...... 3.67 miles. (

Louisville to Lafayette. Col ......... ..... 3. 28 miles. I 88.86miles.

Greeley to Stout. Col

Denver. West Side Line. '.'.I'.'.'.".

Denver to Bessemer Junction, Col

Beshoar to Chappell, Col

Cable Junction. Col., to McFarren Mines

Trinidad. Col., to Texas State Line

Manitou Junct. to Colorado Springs. Col . . 9.12 miles. Chucara Junction to Walsenbnrg. Col 7.34 miles.

Franceville Junct. to Franceville. Col 4.51 miles. El Moro to Engelville. Col 6.34 miles.

Chicosa Junction to Forbes. Col. . . .4.18 miles.

39. 86 miles.
. 4. 96 miles. Total Length of Lines Owned 875.99 miles.

~6 52 miles! Line* Operated "nd^r Contract and Trackage Eights.

. 0.04 miles. : Cable Junction to McFarren. Col 2.54 miles.

.136.78 miles. \ Gnlf Junction to Trinidad. Col 92.24 miles.

Forbes Junction to Hastings. Col 7.31 miles.

Road Junction to Berwind". Col 2 82 miles.

Trinidad. Col., to Yasquez. New Mex 39.43 miles.

108. 46 miles.

Fort Worth and Dencer City Railway.

Ttalln..T«.,to ^Wo^T.. 4M.6! miles.

Long's Jnnct. to Thompson's Mine, Col ... 1 .28 mile*. ; Pan-Handle Railway.

Washburn to Pan-Handle City, Tex 14.54 miles.

787.13 miles. Tot. Length of Lines, Dec. 31. 1891.. 1.453. 60 miles.

1014

POOR'S MANUAL — UNION PACIFIC SYSTEM.

History.— Consolidation April 1, 1890, of the Colorado Central RR. Co., the Georgetown, Breckenridge and
Leadville Ry. Co., the Denver and Middle Park RR. Co., the Denver, Marshall and Boulder Ry. Co., the Greeley,
Salt Lake and Pacific Ry. Co., the Denver, Texas and Gulf RR. Co., the Denver. Texas and Fort Worth RR. Co.,
the Road Canon RR. Co., the Chicosa Canon Ry. Co.. the Canon d'Agua RR. Co., the Colorado Central RR. Co.
of Wyoming, and the Cheyenne and Northern RR. Co. For histories of the several constituent companies, see
MANUAL for 1889.

Rolling Stock, December 31, 1891.— Standard gauge.— Locomotive engines, 85. Cars— passenger, 27 ; excur-
sion. 8 ; baggage, mail, and express, 18 ; freight (box, 581 ; stock, 560 ; coal, 9.35 ; flat, 141 ; refrigerator, 21 ; ca-
boose, 39), 2,277 ; other, 16— total, 2,346 cars. Narrow gauge.— Locomotive engines, 9. Cars— passenger, 10 ;
combination, 2 ; baggage, mail, and express, 4 ; excursion, 6 ; freight (box, 90 ; stock, 7 ; coal, 66 ; flat, 33 ;
caboose, 2), 198; tool cars, 1— total cars, 221.

Operations for the year ending December 31, 1891 (984.45 miles).— Traffic statistics not reported.

Earnings.— Passenger $694,166 57

Freight 2,805,4131 97

Mail 79,470 87

Express 40,002 80

Miscellaneous 113,171 73

Expenses.— Transportation $949,077 84

Motive Power 906,388 82

Maintenanceof Cars 210,108 08

Maintenance of Way 780,782 71

General . 57,18642

Total ($3,795.46 per mile) $3,732,243 94 Total ($2,952.73 per mile) $2,903,543 87

Net earnings (22.21 per cent.), $838,700.07 : add income from investments, $78,377.14 ; guaranty account,

$464,089.24 ; miscellaneous income, $3,161.49— total, $1,374,327.94. Payments : Interest on bonds, $1,202,620.20 ;

discount and interest. $26,851.51 ; taxes, $171,707.74— total. $1.401,179.45. Deficit, $26,851.51. Profit in operating

Ft. W. & D. C.Ry., $64,735.48 ; net profit, $37,883.97.

Financial Statement.— Capital stock authorized, $36,000,000, of which about one-half will be owned by the

Union Pacific Ry. Co. when the stock of the constituent companies shall have been exchanged.

General Balance Sheet, December 31, 1891.
Cost of Road and Fixtures $44,785,013 79 I Capital Stock. $31,759,082 00

Capital Stock owned by the company 3,406,800 00

Stock of Ft. Worth & Denver City Ry. Co. 7,766,000 00

Union Pacific Coal Co. Bonds 80 800 00

Union Pacific Coal Co. Stock 20,140 00

Stock of Union Depot & RR. Co. and

other Companies* 3 00

Company's Bonds owned by the Company 1,027,000 00

Bonds of F. W. & D. C'y Ry. Co. in Trust 165,000 00

Bonds of Pan-Handle Ry. Co. in Trust ... 218,000 00

Sundry Assets 15,21448

Income Account 90,478 65

Stocks of Constituent Cos. 2,078,010 90— $33,837,092 90

Funded Debt 22,436,000 00

Floating Debt 1,217,296 52

Interest Accrued, not yet due 84,060 50

Total Assets $57,574,449 92 Total Liabilities $57,574,449 92

Against the floating debt, the company holds in its treasury $3,406'800 in its own capital stock, and $1,027,-
000 in its consolidated mortgage bonds.
Funded debt, December 31, 1891 :

CLASS.

Out-
standing.

Held by the
Am. Loan
& Trust Co.
Trustee.*

Afloat.

Annual
Charge
on Bonds
Afloat.

Annual
Charge
on Bonds
in Trust.

Consolidated First Mortgage 5s of 1939

15,526,000
81,000
65,000

87,000
4,701,000
226,000
1,250,000
127,000
937,000

4,575,000
405,000
600,000

3,000,000
86,000

$
78,m

63,000

15,526,000
3,000
2,000

87.000
4,701,000

S
776,300
150
100

6,960
829,070

$

Chicosa Canon Ry Co First 5s of 1939

3,900
3,150

Canon de Agua RR Co. First 5s of 1939

Colorado Central Railroad Co. :
First Mortgage Convertible 8s of 1892
First Mortgage 7s of 1909
Denver, Marshall & Boulder Ry. Co. First Mort. .
Cheyenne & Northern Ry. Co. First Mortgage. . .
Georget., Breck. & Leadv. Ry. Co. First Mortgage
Greeley, S. L. & Pac. Ry. Co. First Mortgage
Denver, Texas & Fort Worth RR. Co. :
First Mortgage 5s of 1937, • . .

226,000
1,250,000

127,000

937,000

3.706,000
399,000
511,000

1,847,000
86,000

869,000
6,000
89,000

1,153,000

43,450
300
4,450

57,650

185,300
19,950
25,550

92,350
4,300

334,500

Equipment Trust 5s of 1899
Funded Interest 5s of 1899

Denver, Texas & Gulf Railroad Co. :
First Mort^a»e 5s of 1937

Equipment Trust 5* of 1899

Total

31,666,000

9,230,000

22,436,000

1,218,430

* The American Loan & Trust Company is the Trustee under the Consolidated Mortgage of the Union
Pacific, Denver & Gulf Railway Company.

The Union Pacific Ry. Co. owns $7,330,000 of the consolidated mortgage bonds of the Union Pacific,
Denver & Gulf Ry. Co. Of the bonds thus owned, $43,000 are held in the trust created for the benefit of the
mortgage creditors of the Kansas Pacific Ry. Co., $7,058,000 are held by the trustees under the trust indenture of
September 4, 1891, and $229,000 are in the treasury of the Union Pacific Ry. Co.

In addition to the above bonds, the Union Pacific Ry. Co. owns the following bonds of companies now con-
solidated into and forming part of the Union Pacific, Denver & Gulf Ry. Co. : Colorado Central RR. Co. 8 per
cent, bonds, $22,000 ; Colorado Central RR. Co. 7 per cent, bonds, $4,697,000. Of these bonds, $1,845,000 Col-
orado Central RR. Co. 7 per cent, bonds are held in the Union Pacific 6 per cent, collateral trust, $1,235,000 in the
5 per cent, trust, $197,000 are in the trust created for the further security of the mortgage creditors of the Kansas

* Carried in the accounts at a merely nominal figure.

POOR'S MANUAL — UNION PACIFIC SYSTEM. 1015

Pacific Ry. Co., and $1,370,000 are held by the trustees under the trust indenture of September 4, 1891. The
$22,000 Colorado Central 8 per cent, bonds are held by the trustees under the trust indenture of September 4,

-JQQ-J

The Union Pacific Ry. Co. also owns §13,251,882 of a total issue of 531,759,082 Union Pacific, Denver & Gulf
stock thus far issued. The stock thus owned is held by the trustees under the trust indenture of September 4,
1891

The Union Pacific, Denver & Gulf Ry. Co. owns $1,027.000 of its own consolidated first mortgage bonds,
$101,000 of the Union Pacific Coal Co. first mortgage 5 per cent, bonds, and §100,700 of the capital stock of the
Union Pacific Coal Co. These bonds and stock were pledged with the Union Pacific Ry. Co. as collateral for
advances made by that company for account of this company, with the power in the Union Pacific Ry. Co. to
rehypothecate or sell the same, and they have been deposited by that company with the trustees under the trust
indenture of September 4. l^'.tl

The Union Pacific, Denver & Gulf Ry. Co. owns $3.406,800 of its own stock, and $7,766,000 of the capital
stock of $9.375.000 of the Fort Worth & Denver City Ry. Co. It also owns $218.000 Pan-Handle Ry. Co. first
mortgage 5 per cent, bonds, of a total issue of $225,000 ; and $5.000 Fort Worth & Denver City Ry. Co. 6 per cent,
bonds, and §160,000 Fort Worth & Denver City equipment trust 5 per cer.t. bonds. The Pan-Uandle and Fort
Worth & Denver City bonds thus owned are held by the trustee of the Union Pacific Denver & Gulf Ry. Co. con-
solidated mort<ra<re as part security for the bonds issued thereunder.

The traffic contract between the Union Pacific. Denver & Gulf Ry. Co. and the Union Pacific Ry. Co. of
April 1. 1890, provides that if with the provisional division of rates established thereunder, the Union Pacific,
Denver & Gulf Ry. Co. does not derive sufficient, net earnings and income to enable it to pay the interest on its
consolidated first' mortgage bonds as such interest shall from lime to time mature, then the basis for dividing the
earnings derived from traffic joint to the two companies shall be made such from time to time as will give to the
Union Pacific. Denver and Gulf Co. sufficient income to pay its interest ; it appropriating and using, however,
for the payment of such interest, all of its net earnings from whatever source derived. The Union Pacific,
Denver & Gulf Co. failed during the year under the divisions fixed and in force to earn the amount of its interest
by the sum of $464,089.24. Accordingly, the accounts of the respective companies were adjusted for the year
endics: December 31. 1891, and the amount appearing in the income accounts, respectively, of the Union Pacific
Ry. Co. and the Union Pacific, Denver & Gulf Ry. Co. was paid and received in settlement thereof.

The consolidated mortgage 5 per cent, bonds are payable December 1, 1939. Both principal and interest are
•expressed to be paid in United States gold coin. The iss'ue is limited to $25,000 a mile of single track, and $35.-
000 a mile of double track (including underlying mortgage bonds), and to further amounts upon pledging with
the trustee of the mortgage certain bonds and securities as provided in the mortgage. The retirement of under-
lying mortgage bonds in exchange for bonds of this issue is provided for. Bonds may be paid before maturity at
1*05 and accrued interest, after notice as required by the mortgage, but only upon payment of the entire issue.
The prompt payment of interest on the first days of" June and December of each year is guaranteed by the Union
Pacific Ry. Co. under a traffic agreement. The mortgage does not provide for a sinking fund. GRENVILLE M.
DODGE. Pres., New York, X. Y. : Oliver W. Mink, Comptroller j Alex. Millar, Sec.; J. G. Harris. Treas.. Bos-
ton, Mass. GENERAL OFFICES, Boston. Mass., and Denver, Col. Transfer offices. Boston. Mass., and Union
Trust Co.. New York. N. Y.

FORT WORTH AND DENVER CITY RAILWAY (including V<e Fa,, -Handle Railway).—
Texline. Tex., to Fort Worth. Tex., 454. 61 ; Washbnrn to Pan-Handle City, 14.. "4— total. 4(59.15 miles. Gauge,
4 ft. 8* in. For history, etc.. of this road, see statement on page 241. These railways are operated pursuant 10
the laws of Texas, by local organizations, with headquarters at Fort Worth. Tex. In the statement of the Union
Pacific system, for statistical and orher purposes, they are assumed to be an integral part of the Union Pacific,
Denver & Gulf system, although neither company was a party to the consolidation forming the Union Pacific,
Denver & Gulf Ry. Co.

Rolling Stock. December 31. 1891. — Locomotive engines, 32. Cars — passenger. 10; coach and mail. 4 ; bag-
gage, mail. 'and express, 9 ; freight (box. 224 : flat, 90 : coal. 406 ; stock. 339 : caboose, 28), 1,087 ; other, 8— total
•cars, 1.118.

Operations for year ending December 31, 1891.— Traffic statistics not reported.

Earnings.— Passenger $442.400 76

Freight 1,400.05301

Mail 59,406 56

Express 32.510 93

Telegraph 10,380 52

Miscellaneous . . . 69,968 38

Total ($4,294.40 per mile) $2,014,720 16

Expenses.— Conducting Transportation $525,152 90

Motive Power 392, 132 05

Maintenance of Cars 1 19,089 15

Maintenance of Way 270,098 63

General Expenses . .". 74,455 03

Taxes... 40.846 35

Total ($3,030.53 per mile) $1,421,774 11

Net earnings (29.43 per cent.). $592.946.05. Payments : Interest on bonds ^F. W. & D. C. Ry. Ists, $477,780;
F. W. & D. C. Ry. equipment trusts. §8,000 ; P. H. Ry. Ists, $11,250), $497,030 ; profit and loss, $31. ISO. 57— total.
$528,210.57. Balance surplus, $64,735.48.

Balance Sheet of the Fort Worth and Denver City Ry. Co., December 31, 1891.

•Cost of Road and Fixtures $17,284.961 87 I Capital Stock $9,375,000 00

Investments 614,326 55 First Mortgage Bonds 8,176,000 00

Accounts Receivable 677,166 84 i Equipment Trust Bonds 160,000 00

Materials and Supplies 36.65301 Accounts Payable , 502,43782

€ash 115.809 07 Interest Accrued, not yet due 48,10667

i Income Accounts 467.372 <3

Total Assets $18,728,917 34 I Total Liabilities $18,728,917 34

The Union Pacific, Denver & Gulf Railway Co. owns $7.766,000 of the capital stock of the Fort Worth &
Denver City Railway Co. It also owns $5,000 of the Fort Worth & Denver City Railway Co. first mortgage six
per cent, bonds, $160.000 of Fort Worth & Denver City Railway Co. equipment trust five per cent, bonds, and
$218,000 of the first mortgage five per cent, bonds of the Pan-Handle Railway Co. All of these bonds are held in
the trust of the Union Pacific. Denver & Gulf consolidated mortgage. The Fort Worth i Denver City Railway
Co. owns $213.000 of its own first mortgage six per cent, bonds, $100,000 of its own capital stock, and'the entire
capital stock of the Pan-Handle Railway Co., namely, $290.000. .

Officers ; MORGAN JONES, President, Fort Worth, Tex. ; G. M. Dodge, Vice-President. New York, N. Y. :
b. H. H. Clark. ~2d Vice- President. Omaha, Neb. ; W. A. Ross, Secretary ; J. G. Jones, 1 'rtas., Fort Worth, Tex.
. UNION PACIFIC, LINCOLN AND COLORADO RAILWAY.-Salina to Oakley, Kan..
225.3o miles. Gauge, 4 ft. 8± in. The Salina, Lincoln & Western (Salina to Plainville, Kan , 107 54 miles) the
Lincoln and Colorado (Plainville to Colby. Kan.. 95.52 miles) and the Oakley and Colby (Oakley to Colby, Kan.,
21.96 miles) Rys. were consolidated in 1888 under the title of the Union Pacific. Lincoln and Colorado Ry. Co., in
Kansas, and the company thus formed was in turn consolidated with the Union Pacific. Lincoln and Colorado

1016 POOR'S MANUAL — UNION PACIFIC SYSTEM.

Ry. Co., in Colorado, forming the present company. The Union Pacific Ry. Co. owns §1.097.800 of the capital
stock of this company, and it is held by the trustees under the trust indenture of September 4 18'tl The \meri-
can Loan and Trust Co., trustee for the benefit of the mortgage creditors of the Kansas Pacific Ry. Co., holds
$74,000 of the 1st mortgage 5s, the balance of which bonds are afloat.

Hotting Stock, December 31, 1890.— Locomotive engipes, 20. Cars— freight (box, 590 ; stock, 155), 745 On, ra-
tions for the year ending December 31, 1891.— Traffic statistics not reported. Earnings— passenger $30 503 1)3 •
freight, $150,513.27 : mail, $15,380.48 ; express, $600 ; other, $14,966.62— total, $211,964.30. Operatin^exp'enses—
transportation (credit), $735.69 ; motive power, §26.696. 73 : maintenance of cars, $10 909 09 • maintenance of way
$29,320.22 ; general, $3,723 ; taxes, $34,451.80— total, $104,365.15. Net earnings. $107.509.15; add traffic guaranty!
$116.350.85— total, $223,950. Paid interest on bonds, $828,960: sinking fund, £30.053.34— total «'>54 003 '34
Deficit, $30,053.34.

General Balance Sheet, Dcctmlx-r 31, 1891.

Cost of Road and Fixtures $6,855.851 38 ' Capital Stock $1 997 800 00

Sinking Fund Investments 60.131 66 Stocks of Constituent Companies 312^000 (X)

American Loan & Trust Co., Trustee 1,829 58 First Mort

Income Account $208,819 02

Less In. used for Sinking Fund. 91,121 44— 117,697 58

Accounts

•gage 5 per cent, bonds, due 1918. 4,479,000 00

Payable 190,72270

Interest Accrued, not yet Due 55,987 50

Total Assets $7,035,510 20 Total Liabilities $7,035,510 20

The bonds are limited in issue to §20,000 per mile of completed road. They are $1.000 each, gold-bearino- 5
per cent., interest payable April and October, dated August 1, 1HS8, payable April 1. 1918 : interest and principal
guaranteed by the Union Pacific Ry. Co., by endorsement on each bond. Trustee. American Loan and Trust
Co.. Boston, Mass. A sinking fund of two-thirds of one per cent, of the total issue, taken from the net earnings
of the company, is payable to the trustees annually, on October 1, for the purchase of these bonds at not over 105
and interest, or to be invested in other approved securities. The bonds cannot be drawn Officer* • SIDNEY DIL-
LON, President, New York, N. Y.; Oliver W. Mink, Comptroller ; Alex. Millar, Secretary; J. G. 'Harris, Treas-
urer, Boston, Mass.

RAILROAD COMPANIES IN WHICH THE UNION PACIFIC RAILWAY CO. HAS
A PROPRIETARY INTEREST, THE NET REVENUES OF WHICH ARE IN-
CLUDED IN THE GENERAL INCOME STATEMENTS OFfTHE SYSTEM.

CENTRAL BRANCH UNION PACIFIC RAILROAD.— Atchison, Kan., to Waterville. Kan.,
100 miles. Leased : Afctiixon, Colorado and Pac'/ric A1 R. ,254. 79 : Atc/<t*o/>. Jewell County and \Vexterrt /("/?., 33.40
—total, 388.19 miles. Gauge, 4 ft, 8i in. Rail, 56 Ibs. History.— Organized as the Atchison and Pike's Peak RR.

Co. February 11, 1859 ; name changed January 1, 1867 ; road' opened January 20, 1868. It was provided for as
one of the branches in the Acts incorporating the Union Pacific RR. Co., and received from the Government 187,-
608 acres of land, and bonds at the rate of $16,000 per mile for the 100 miles. Operated under a 25-year lease
from September 30, 1885, by the Missouri Pacific Ry. Co.; net earnings going to Union Pacifie as rental.

This company leases the Atchison, Colorado and Pacific, and the Atchison, Jewell County and Western
RRs. at an annual rental of $1,000 per mile.

Rolling Stock. — Locomotive engines, 30. Cars— passenger, 10 ; passenger and baggage, 4: officers', 1; bag-
gage, mail, 'and express, 8; freight (box, 348 ; stock, 93 ; platform, 54 : coal, 47 ; caboose, 19). 561— total, 584.
Also, 8 service cars.

Operations for year ending December 31, 1831.— Traffic statistics not reported.

Earnings.— Passenger $165,141 60

Freight 648,342 14

Mail 44,989 40

Express 16,725 70

Miscellaneous 18,961 44

Expenses.— Conducting Transportation... $205,288 37

Motive Power 189,518 72

Maintenance of Cars 32,620 88

Maintenance of Way 190,011 27

General Expenses 30,647 68

Total ($2,303.41 per mile) $894,160 28 Total ($1,669.51 per mile) $648,086 92

Net earnings (27.52 per cent.), $246,073.36; add other receipts, $30,426.31— total, $276,499.67. Payments :
Interest on bonds, $140,100 ; rental of leased lines, $287,375 ; profit and loss, $1,308.21 ; United States require-
ments, $14,741.62 ; taxes, $77,255.25— total, $520,780.08. Deficit, $244,280.41. Deduct land income, $1,090.45. De-
ficit for year, $243,189.96.

General Balance She^t, December 31, 1891.

Cost of Road and Fixtures $4,001,299 76 I Capital Stock $1,000.000 00

Investments 9,000 00 \ Funded Debt 2,230,000 00

Accounts Receivable 67,724 24

Income Account 3,681,411 22

Total Assets $7,759,435 22

United States Bonds 1,600.000 00

Accounts Payable 1,052,84534

'Interest Accrued, not yet due 23,350 00'

Interest Accrued on United

States Bonds $2,365,808 26

Less Repaid by Transporta-
tion 512,56838 1,853,23988

Total Liabilities . . ... $7,759.435 22

Funded debt consisted, December 31, 1891, of the following:

1st mtge. gold $1,000 6 p. c. 30-year bonds (A. & P. P. RR.), due May 1, 1895, interest May and Nov $1,600,000

Funded interest 7 p. c. gold $1,000 bonds (C. B. U. P. RR.), dated 1879, due May 1, 1895, int. May & Nov. 630,000
2d mtge. (Government subsidy) 6 p. c. $1,000 bonds, dated 1866-^7-68, due 1896-97-98, int. at maturity. . . 1,600,000

Coupons represented by the funded interest bonds are held in trust. Interest on the first mortgage and
funded interest bonds is payable at the company's office, New York ; on the subsidy bonds, at the United States
Treasury at maturity. The company is also responsible for the bonds of its leased lines. Transfer agent in New
York, E'dward Canfield ; in Boston, F. D. Butrick. The Union Pacific Ry. Co. owns $874,200 of the capital stock
of thie company, and it is held by the trustees under the trust indenture, September 4, 1891.

RAILROADS LEASED BY THE CENTBAL BBANCH UNION PACIFIC RY. Co.

ATCHISON, COLORADO AND PACIFIC RAILROAD.-Waterville, Kan., to Lenora, Kan..
193.39 miles ; Greenieaf to Washington, 7 miles : Yuma to Warwick, 30.80 miles ; Downs. Kan., to Alton. Kan.,
23.60 miles— total, 254.79 miles. Consolidation June 23, 1879, of the Waterville and Washington RR. Co., incor-

POOR'S MANUAL — UNION PACIFIC SYSTEM. 1017

porated April 6, 1876 ; the Republican Valk-y Ry. Co., incorporated November 1, 1876 : the Atchison, Solomon
Valley and Denver Ry. Co., incorporated August 13. 1877: the Atehison, Republican Valley and Pacific Ry. Co.,
incorporated May 15/1878. and the Atchison and Denver Ry. Co.. incorporated December 23, 187S. Leased in
1ST!) for 25 years 'to the Central Branch Union Pacific RR. Co., at a rental of £1-000 per mile per annum. Capital

. including $170,000 to be exchanged for stock of the constituent companies), §1.522.400 ; funded debt. 1st
mortgage 6 pet cent, bonds, dated December 24, 1879, parable May 1, 1005, interest quarterly, February. May,
August" and November, guaranteed by Central Branch Union Pacific RR. Co., and payable at 11)5 Broadway, New
York (authorized, $16,000 per mile), §4,070,000: accounts payable. $3,930; income account, S149.000.-23— total,

; \330.23. Contra: Cost of road and fixtures, §5.595,264.75; accounts receivable. $150.065.48— total. 35.74.;.-
330.23. The Union Pacific Rv. Co. owns §920,300 stock, and it is held by the trustees under the trust indenture ol
'September 4. 1891. SIDNEY "DILLON, President, New York. N. Y.; Oliver W. Mink. rwnpl roller ; Alex. Millar,
Secretary ; J. G. Harris. Treasurer, Boston, Mass.

ATCHISON, JEWELL COUNTY AND WESTERN RAILROAD. -Jamestown, Kan., to
.Burr Oak. Kan.. 33.40 miles. ( /bartered July 5, 1879. Leased for 25 years to the Central Branch Union Pacific
RR. Co., the rental being §1.000 per mile per annum. Fiinin<-ial statement, December 31, 1891. — Capital t-tock,

-(10 : funded debt. 1st mortgage 6 per cent, bonds, dated December 1, 1879, payable May 1, 1903, interest
•quarterly, February. May. August, and November ($10.000 per mile authorized), §542,000: accounts payable.

. income account. $21,140.42— totll, S7W3.390.42. Contra : Cost of road and fixtures. §744.800 : accounts re-
ceivable. §21,590.42— total. §766.3.K).42. The Union Pacific Ry. Co. ow-ns §105.000 of the stock of this company
and it is held by the trustees under the trnst indenture of September 4. 1891. Interest guaranteed by Central
Branch Union Pacific RR. Co.. and payable at 195 Broadway. New York. SIDNEY DILLON, Pr&idGlt, New York,
N. Y.: Oliver W. Mink. Comptroller ;~ Me*. Millar. Secretary ; J. G. Harris. Treasurer, Boston. Ma-.
Board of Directors, Cmtn.d hratx-/, Union Pacific RR. Co.

Sidney Dillon ..... New York, N. Y. | H. P. Dillon ....... _. .Topeka, Kan

F. L. Ames Boston, Mass.

E. F. Atkins..
.Samuel Carr . .

F. G. Dexter

Jay Gould New York, N. Y

S. H. H. Clark Omaha. Neb.

Alexander Millar '.Boston, Mass.

Oliver W. Mink...

B. C. Wetmore.. .New York. N. Y.
A. L. Williams Topeka, Kan.

N. H. Lootnis ..

One Vacancy.

SIDNEY DILLON. President ____ .............................................. New York, N. Y.

S. H. H.Clark. 11ce-Prt>ti:!"i>t .................................................... Omaha. Neb.

Treasurer— James G. Harris ............. Boston, Mass. j Secretary— Alex. Millar ................. Boston, Ma — .

PRINCIPAL OFFICE AND ADDRESS ........................................................ Boston. Ma*-.

Tracer Omces.

LEAVENWORTH, TOPEKA AND SOUTHWESTERN RAILWAY.-Leavenworth to
Meriden Junction, 46.57 miles. Gauge. 4 ft. 8i in. Hi*tnnj.— Chartered June 13. 1879 : construction completed
October 23. 1882 ; road opened November 1, 1882. The Union Pacific and the Atehison are equally interested in
the capital stock of this company, each owning §550.900. The bonds are held by the public. Rotting Mock.— No
locomotives. Cars — coach and baggage. 1 : coach, mail, and baggage, 1 ; freight (box, 1 ; platform, 25 ; coal, 5),
31— total. 33. Operations for year ending December 31. 1891. -Traffic statistics not reported. Earnings— passen-
ger. s.6,160.9,8 ; freight, §9,935.41 : mail. §2.ul3.60 : express. §2.767.20 ; miscellaneous. $9,287.37— total, S30.164.56.
Expenses and taxes, $80.821.95. Deficit. §50,657.39. Paid interest on bonds. §55,200— total deficit. §105,857.39.
Finanein! .-<tatrmri<t. December 31. 1891.— Capital stock, £1,889,000; funded debt, general mortgage 4 per cent.
30-year bonds, due July 1. 1912, interest January and July. §1.3so.OOH : accounts payable. §866.877.60— total. §3.626,-
877.60. Contra : Cost of road and fixtures, s2.776.247.68 ; accounts receivable, §30.383.79 : income account. -
246.13— total, §3.626,877.60. Bonds are guaranteed, principal and interest, by the A.. T. & S. F. and U. P. Cos.,
•each one-half of the total amount issued. Annual meeting. Thursday succeeding first Monday iu May. Dirtc-

vlected May 7. 1891).— A. Manvell. Chicago. 111.: Jay Gould. Sidney Dillon. New York, N. Y.: F. L. Ames,
F. G. Dexter. E. F. Atkins. Alden Speare. John P. Wtiitehead. Boston. Mass.: J. F. Dillon. George C. Magoun,
New York. N. Y.; A. L. Williams. M. Orien, A. S. Johnson, Topeka, Kan. (Vacancy), Prudent ; Oliver W.
Mink, Comptroller; Alex. Millar, Secretary; J. G. Harris. Treasurer. Boston, Mass. PBINCIPAL OFFICE,
Topeka. Kan.

MANHATTAN, ALMA AND BURLINGAME RAILWAY. -Manhattan, Kan., to Bur-
lingame. Kan.. 56.62 miles. Gauge. 4 ft. 8± in. Hi*tonj.— Chartered September 3. 1872. Road opened August 1.
18,80. The U. P. Co. and the Atehison Co. each own §418.650 of the §1,000.000 stock of this company, and its

••00 1st mortgage 6 per cent, bonds are held jointly (each one-half) by those companies. The bonds owned
by the Union Pacific are held by the trustees under the trust indenture of September 4, 1891. Rolling Stock.—
Locomotive engines, 2. Cars—passenger. 2 ; baggage, etc.. 1.

Operation* for year ending December 31, 1891. — Traffic statistics not reported. Earnings- passenger. >9.-
454. -8 : freight, §19.928.05: mail and express. §6.070.48 ; miscellaneous, §5.417.59— total. §40.870.70. Operating
expenses and taxes. S64.480.97. Deficit for year. §23.610.27. Interest on bonds. §40.680 ; interest and exchange,
SM42.57 : rental of locomotives and cars. §954.07— total, §46,776.64. Total deficit. §70.386.91.

General Balance Sheet, December 31. 1891.
Construction and Equipment ............. §1-678.000 00 ' Capital Stock ............................. $1,000.000 00

Accounts Receivable ...................... 4.469 45 Funded Debt .............................. 678.000 00

Income Account ......................... 120.98749 Current Accounts ....................... 125.45694

Total $1,803.456 94 Total §1.803.456 94

F»n'.le<i debt consists of It-t mortgage 6 per cent. 30-year gold bonds, due July 1. 1910. interest January and
July.

Annual meeting. Thursday succeeding the first Monday in May.

J)irector* fleeted May 14, 1891).— F. G. Dexter. W. B. "Strong. E. F. Atkins. F. L. Ames, Boston. Mass.; "Sid-
ney Dillon. Jay Gould, J. J. McCook. Geo. C. Magoun. J. F. Dillon. New York. N. Y'.: J. D. Springer. A. Manvel.
Chicago, 111.; A. L. Williams. W. H. Davis, Topeka. Kan.; L. E. Finch. Burlingame. Kan. W. B. STRONG,
President. Boston, Mass.; F. Gordon Dexter. Viet- President. Boston, Mass.; G. L. Gordon. Treasurer an<J A#*i*t-
••<iry. Boston. Mass.: E. Wilder, Secretary and Agfhtant Treasurer, Topeka, Kan.; J. P. Whitehead.
Comptroller, Boston. Mass. A. A. Robinson, Manager, Topeka, Kan. PRINCIPAL OFFICE AND ADDRESS.
Topeka. Kan.

MONTANA UNION RAILWAY.-Butte. Mont., to Garrison. Mont, (leased from the O. S. L. &
L . N. Ry. Co. ». 57.39 ; Stuart, Mont., to Anaconda. Mont., and branches (leased from the Montana Ry. Co.,, 14.83
—total, 72.22 miles. Gauge, 4 ft. 8^ in. Hiatory.— Organized June 14. 1886. One-half of the capital stock is
-owned by the Union Pacific Ry. Co. and one-half by the Northern Pacific RR. Co. The stock owned by the
Lmon Pacific is held by the trustees under the trust indenture of September 4. 1891. That portion only of the
Utah and Northern Ry. from Butte to Garrison, and the entire line of the Montana Ry.. are leased by this com-
pany at an annual rental of 6 per pent, per annum upon the value of the demised property. One-half of the deficit
in the income of this property will be paid by the Union Pacific Ry. Co. and the balance by the Northern Pacific

1018 POOR'S MANUAL — UNION PACIFIC SYSTEM.

RR. Co., thus enabling the Montana Union Ry. Co. to pay rent to the Utah and Northern and the Montana
Ry. Cos.

Operations for year ending December 31, 1891.— Traffic statistics not reported. Earnings— passenger, $187,
013.19 ; freight, $546.098.88 ; mail, $6,795.56 ; express, $9,085.34; miscellareous, $5,936.98— total ($10,453.20 per
mile), $754,929.95. Expenses— transportation, $398.729.59 ; motive power, $51,646.78 ; maintenance of cars, $50,-
866.85; maintenance of way, $68,773.78 ; general, $27,787— total ($8,277.54 per mile), $597,804. Net earnings,
$157,125.95. Payments : Rental, $97,734.20 ; taxes, $7,652.10— total, $105,386.30. Surplus for year, $51,739.65.

General Balance Sheet, December 31, 1891.

Construction and Equipment $1,223,814 40

Cash 127,643 44

Material and Supplies 52,731 02

Accounts Receivable 161.186 44

Income Account . . 4<>2.164 09

Total Assets $2,027,539 39

Capital Stock $850,000 00

Accounts Payable 1,177,539 39

Total Liabilities $2,027,539

Board of Directors ; Sidney Dillon, Jay Gould, Geo. S. Baxter, J. B. Williams, New York, N. Y.; F. L.
Ames, Boston, Mass.; T. F. Oakes, St. Paul, Minn.; W. H. Burns, Butte, Mont. W. H. BURNS, President and
General Manager, Butte, Mont. ; Oliver W. Mink, Comptroller, Alex. Millar, Secretary ; J. G. Harris. Treasurer ;
Boston, Mass.; S. B. Calderhead, Auditor, Bntte, Mont. PRINCIPAL OFFICE AND ADDRESS, Butte, Mont.

OTHER RAILWAY COMPANIES IN WHICH THE UNION PACIFIC RY. CO. HAS
A PROPRIETARY INTEREST, THE NET REVENUES OF WHICH ARE NOT
INCLUDED IN THE GENERAL INCOME STATEMENTS OF THE SYSTEM.

KEARNEY AND BLACK HILLS RAIL WAY. -Kearney to Callaway, Neb., 65.55 miles. Char-
tered May, 1889 ; road opened October 1, 1890. The Union Pacific Ry. Co. owns $337,966.91 in the capital stock
of this company and $105,000 in the nrst mortgage bonds, all of which are held by the trustees under the Trust
Indenture of September 4, 1891. The line of the Kearney and Black Hills Ry. Co. was built by the Wood' River
Improvement Co. The Union Pacific Ry. Co. is one-fourth owner in the capital stock of the Improvement Co. The
Improvement Co.'s capital stock is $400,000, on which eighty per cent, has been paid in. The Union Pacific Co.
has, therefore, paid $80,000 on this account. The certificate representing the subscription is held by the trustees
under the Trust Indenture of September 4, 1891. The Union Pacific Ry. Co. also holds the notes of the Wood
River Improvement Co., payable on demand after thirty days1 notice, for $350,000, secured by a pledge of $467,-
000 in the first mortgage bonds of the Kearney and Black Hills Ry. Co. The notes and the collateral security are
held by the trustees under the Trust Indenture of September 4, 1891. Operations for year ending December 31,
1891.— Traffic statistics not reported. Earnings— passenger, $12,596.17 ; freight, $59,705.84 ; mail and express
$3,674.02 ; other. $3,111.09— total, $79,087.12. Expenses, $38,902.40. Net earnings (exclusive of amounts due
from the Union Ry. Co. under agreement of March 14, 1890), $40,184.72. Paid interest on bonds, $44,350. Deficit,
$4,165.28.

Financial Statement, December 31, 1890 (latest furnished).— Capital stock, $931,606.91 ; first mortgage 5 per
cent, bonds, due 1920, $887,000 ; accounts payable, $16,202.48 -total, $1,834,809.39, representing cost of road and
equipment. E. C. DAVIDSON, President; W. C. Tillson, Treasurer; D. M. Coiner, Secretary. PRINCIPAL
OFFICE, Kearney, Neb.

LAWRENCE AND EMPORIA RAILWAY.— Lawrence, Kan., to Carbon Hill, Kan., 30.64 miles;
leased from Southern Kansas Ry. Co., 0.36 mile— total, 31 miles. Gauge, 4 ft. 8f in. This road, opened in
November, 1879, was formerly a portion of the line of the St. Louis, Lawrence and Western Railroad Company,
and was bought on sale of that company's property by the Union Pacific Ry. Co. It was operated by the Union
Pacific, first under the name of Lawrence and Southwestern RR., then as the Carbondale branch, and since July
19, 1881, under the present name. Leased for 99 years to the Lawrence, Emporia and Southwestern Ry. Co. at a
rental of $1,000 per annum and all taxes that may be assessed against the property. The operations of the line in
1884 resulted in a deficit of $14,724.77 ; in 1885 of $22,299.53, and in 1886 of $16,384.21, all of which were met by
the Union Pacific Ry. Co. In 1886 the mines at Carbondale were closed, and as the operation of the road could
not be discontinued, the above lease was made. The Union Pacific Railway Co. owns the entire capital stock
($465,000) of this company. The first mortgage 6 per cent, bonds, due 1912, amounting to $465,000, are all held in
the Kansas Pacific Consolidated Mortgage Trust. The Union Pacific has no interest in the securities of the lessee
company, financial Statement (latest furnished). — Capital stock, $465,000 ; funded debt, first mortgage 6 per
cent, bonds, due January, 1912, interest March and September, $465,000 ; accounts payable. $270,197.72— total, $1,-
200,197.72. Contra : Cost of road and fixtures, $985,611.11 ; income account, $214,586.61. SIDNEY DILLON, Presi-
dent; Alex. Millar, Secretary ; J. G. Harris, Treasurer ; O. W. Mink, Comptroller, Boston, Mass.

MONTANA RAILWAY.— Lines of Road : Anaconda Mine to Walkerville, Mont., 2.81 miles ; Walker-
ville to High Ore, 1.36 miles; Spur to Haggin's Mines, 1.66 miles; Stuart to Anaconda, 9 miles— total, 14.83
miles. Gauge, 4 ft. 8£ in. Rail, 50 Ibs. Incorporated December 17. 1881, in the interest of the Union Pacific
Ry. Co. The Union Pacific owns the entire capital stock of this compnny. The stock is held by the trustees
under the trust indenture of September 4, 1891. The road was designed to connect the mines at Butte City with
the smelting works. Road opened in August, 1884 ; leased from August 1, 1856, to the Montana Union Ry. Co.
for an annual rental equal to 6 per cent, on the vahie of the demised premises. Rental received in 1891, $47,105.54.
Expenses, $833.10; profit and loss, $11,084.93— total, $11,918.93. Balance of income, $35.187.51. Financial
Statement, December 31, 1891.— Capital stock ($600,000, 70 per cent, paid), $420,000 ; accounts payable, $399.916.08;
income account, $229,502.51— total, $1,049,418.59. Contra: Cost of road and fixtures, $936,150.09; accounts
receivable, $113,268.50— total, $1,049,418.59. SIDNEY DILLON, President ; Alex. Millar, Secretary ,- J. G. Harris,
Treasurer ; Oliver W. Mink, Comptroller, Boston, Mass.

COMPANIES OTHER THAN RAILROAD COMPANIES IN WHICH THE UNION
PACIFIC RAILWAY COMPANY HAS A PROPRIETARY INTEREST, AND MIS-
CELLANEOUS INVESTMENTS.

The Union Pacific owns $2,400,000 of the capital stock of the Pacific 'Express Co. (total capital, $4,800,000)T
and is interested in the Express Company's reserve fund to the extent of $70,000. It still retains its interest in
the Morrison Stone, Lime & Town Co., in the Union Elevator of Council Bluffs, and in the soda deposits and soda
works near Laramie. The company is interested to the amount of $897,217.78 in palace cars, emigrant sleepers,
and dining cars, worked by the Pullman's Palace Car Co.

ATCHISON UNION DEPOT AND RAILROAD COMPANY.— The Central Branch Union Pacific RR. Co. owns one-
eighth of the capital stock of this company. The new depot of the Atchison Union Depot and RR. Co. has been
occupied since January 1, 1890. Financial Statement, December 31, 1891.— Capital stock, $72,000 ; first mortgage

POOR'S MANUAL — UNION PACIFIC SYSTEM. 1019

bonds, $71,000 : second mortgage bonds, $36,000 ; income account, $18,426.50— total, $197.426.50. Contra: Con-
-truction (old account, $92,196.31 : new account, $97,780.09), $189,976.40; cash, $3,470.09 ; accounts receivable,
gl.5ty.01 : trustees of sinking fund. $2.410— total, $197.426.50.

BOZEMAN COAL COMPANY.— Incorporated October 20, 1883, for 20 years, for the purpose of mining and selling
coal. The mine is at Bozeman, Montana, near the line of the Northern Pacific, and furnished coal for that com-
pany until supplies were obtained from other sources. It is not reached by the Union Pacific system. The pur-
chase of the lands were made in 1883. No coal was mined during the year : but the company showed a net income
for the year of $467.69. representing amounts received as royalty for the use of one of its tunnels, royalty on stone
taken from its land, receipts from rentals and from sale of old material, less taxes and miscellaneous expenses.
The Union Pacific owns $96.000 stock, which is held by the trustees under the trust indenture of September 4,
1891. No funded debt." F'uxinr'ml Stattmmt. December 31, 1891.— Capital stock, $150,000 : income account,
$5.859.87— total. $155,859.87. Contra : Cost of coal lands, 400 acres. $150.954.45 ; accounts receivable. $4.905.42—
total. $155,859.87.

DESEKET SALT COMPANY. — The par amount of the capital stock of this company is $150,000, on which £27.-
750 only has been paid in cash. The Oregon Short Line and Utah Northern Ry. Co. owns $50.000 stock, on
which there has been paid in cash, $9,250. Earnings in 1S91, $2,495.92 ; expenses. $5,197.92 ; deficit, $2,702.

GREEN RIVER WATER WORKS COMPANY. — This company was incorporated November 26, 1888, for_a term
of 50 years, and has constructed a reservoir and pipe li
Green River City. Wyoming, and to the lown and Union
issued in payment for its property $225,00(1 1st mortgage
paid capital stock. Both bonds and stock are held by the Union Pacific Ry. Co.. and they are deposited with the
trustees under the trust indenture of September 4. 1891. Operations for year ending December 31, 1891.— Earnings,
$34.904.92. Expenses. $7.472.76. Net earning?. $27.432.16. Payments : Interest on bonds. $13.386.33 : sinking
fund. $1.500 ; dividend. $18,500— total , $28.386 33. Net income. $9.54.17. Financial Statement. December 31. 1891.
—Capital stock. $225.000 : 1st mortgage 6 per cent, bonds, due 1919. $223.000 : income account, S20.978.86 ; income
used in sinking fund. $4.420.32: accounts payable. $20,190— total, $493,589.18. Contra: Cost of pipe lines,
machinery, and fixtures, $464.325.37 : American Loan and Trust Co., trustee, $907.83 : accounts receivable.
355.98— total. $493,589.18.

LEAVENWORTH DEPOT AND RAILROAD COMPANY. — The depot of this company was first opened for business
November 13. 1888. The funds for the construction of the depot and the system of tracks have been advanced
by the six railway companies in interest. The Union Pacific Ry. Co. has advanced $55.533.39. representing the
proportions due on account of its Leavenworth Branch and the Kansas Central RR. Co.. and will be required to
make a further advance of $13.383.40. being one-half of the amount due from the Leavenworth, Topeka and South-
western Ry. Co- Since the'close of the year the Union Pacific Co. has received $50,000 in the first mortgage 5 per
cent, bonds of the Depot Co., $50,000 in'its capital stock, and $10.000 in cash, on account of the advances made
by it to the Depot Co. for account of its Leavenwortb Branch and the Kansas Central RR. Co. The bonds are
dated January 1, 1890. due January 1, 1920. and bear 5 per cent, interest. Financial Staff ment. December 31,
1891.— Amount advanced by RR. Cos. on account of construction. $166.600.75 : accounts payable. $697.46 : income
account. $47.501.54— total. $214,799.75. Contra : Cash, $25.167.75 ; construction. $175.926. <i7 ; trustees of sinking
fund. $1.503.75: accounts receivable, $12.201.28— total. $214.799.75.

OCCIDENTAL AXD ORIENTAL STEAMSHIP COMPANY.— Incorporated November 25, 1874, for the purpose of
running steamships from San Francis co to China and Japan. Business began June 5. 1875. Net earnings in
1891. $143,534.80, as against $22l».949.18 in 1890. The Union Pacific received dividends from the stock of this
company during the year amounting to $100,000. Capital stock. $10.000.000, $100 shares (4 per cent, paid), of
which the Union Pacific and Central Pacific Cos. each subscribed for $5.000.000. The stock owned by the L'nion
Pacific is held by the trustees under the trust indenture of September 4. 1891.

OGDEN UNION RAILWAY AND DEPOT COMPANY. —Organized for the purpose of constructing a union depot,
annex building and yards at Ogden. Stations and tracks have been completed, the funds for construction having
been furnished by the Union Pacific Ry. and the Central Pacific RR. Cos. The capital stock is $300.000. one-
half of which will be owned by the Union Pacific Ry. Co., and one-half by the Central Pacific RR. Co. It is pur-
posed to issue first mortgage 5 per cent, bonds, due September 1, 1918. interest payable March and September.

OMAHA UNION DEPOT COMPANY. — This company was incorporated on August 13. 1889. The stock thus far
subscribed, representing in all $15,000. is owned one-half by the Chicago, Burlington and Qnincy RR. Co.. and one-
half by the Union Pacific Ry. Co. The stock owned by the Union Pacific Co. is held by the trustees under the
trust indenture of September 4. 1891. The Depot Co. "was formed for the purpose of building a union passenger
station at Omaha and providing terminal passenger facilities for such roads as might join with the Chicago. Bur-
lington and Qnincy and the Union Pacific Cos. in making use of them. The expenditures amount to $506.268.04.
one-half of which has been contributed by the L'uion Pacific Ry. Co. and the other half by the Chicago, Burling-
ton and Quincy RR. Co. This does not include the value of the lands owned by the two railroad companies, parties
in interest which are to be assigned to, and held for the uses of, the Depot Co.

PACIFIC EXPRESS COMPANY.— Of the total capital stock of this company ($6.000.000). the Union Pacific Ry. Co.
owns $2,400.000. which is held by the trustees, under the trust indenture of September 4, 1891. Dividends aggregating
8 per cent, on the stock were declared during the year. The Union Pacific Co. is interested in the Express Co.'s
reserve fund to the extent of $70,000. The Pacific Express Co. operates upon the following lines of railway : Austin
& Northwestern, 60 miles : Cape Girardeau Southwestern, 14 miles : Central Branch Union Pacific, 388 miles : Clar-
inda and St. Louis. 30 miles ; Forth Worth and Rio Grande. 40 miles ; International and Great Northern. ^25
miles : Kansas and Arkansas Valley, 84 miles ; Kansas City and Southern. 112 miles ; Kansas City, Wyandotte
and Northwestern, 116 miles ; Keokuk and Western. 172 miles : Little Rock and Fort Smith. 172 miles : Little
Rock and Memphis. 135 miles : Louisville. New Orleans and Texas. 504 miles : Missouri. Kansas and Texas. 1.612
miles ; Missouri Pacific, 3,119 miles ; Montana Union. 71 miles : Natchitoches Railway. 11 miles ; Omaha and St.
Louis, 145 miles : Quincy. Omaha and Kansas City, 136 miles : St. Louis and Hannibal. 86 miles ; St. Louis. Iron
Mountain and Southern, 1,190 miles : St. Louis. Alton and Springfield. 85 miles; San Antonio and Aransas Pass.
477 miles ; Sedalia. Warsaw and Southern, 42 miles : Texas Pacific. 1.487 miles : Texas Pan-Handle System. R53
miles ; Union Pacific System, 7,737 miles ; Wabaeh Railwav. 956 miles : Wabash Western, 1.003 miles— total,
21. 662 miles.

THE RATTLESNAKE CREEK WATER COMPANY.— The Union Pacific Ry. Co. owns all of the capital stock of
this company ($66.300) and all of its bonds ($132.000). The stock and bonds thus owned are held by the trustees
under the trust indenture of September 4, 1891. Earnings and expenses for the year ending December 31. 1891.—
Earnings, $8.505.83 ; expenses. $3,879.21 : net earnings. $4,626.62. Interest on bonds. $7,920. Deficit. $3,293.38.
Financial Statement. December 31. 1891.— Capital stock. $66.300 : first mortgage 6 per cent, bonds, due 1920,
M32,000; accounts payable. $29.338.34— total. $227,638.34. Contra: Cost of pipe lines, machinery and fixtures.
$224.344.96 ; income account, $3,293.38— total. $227.638.34.

ST. JOSEPH TERMINAL RAILROAD COMPANY.— This company was incorporated January 5, 1887, for the pur-
pose of providing terminal facilities for handling freight, storing and repairing cars and engines, etc., at St.
Joseph. The Union Pacific Ry. Co. and the St. Joseph and Grand Island RR. Co. together own one-half of the

1020 POOR'S MANUAL — UNION PACIFIC SYSTEM.

capital stock of this company, the former holding $25,000 and the latter $125,000. The stock owned by the Union
Pacific is held by the trustees under the trust indenture of September 4. 1891. First mortgage 5 per cent, bonds
to the amount of $350,000 have been issued. (See MANUAL for 1890, page 944.)

ST. JOSEPH UNION DEPOT COMPANY.— Incorporated March 22, 1880, and depot opened May 1, 1882. The
Union Pacific Railway Co. has no investment in this company, but the St. Joseph and Grand Island RR. Co. is
equally interested in it with eight other companies. Financial Statement, December 31, 18!)].— Capital stock,
$J>,000 ; 1st mortgage bonds, $115,000 ; accounts payable, $293.83 ; income account. §72,821.1)4— total, $1'.)7, 115.77.
Contra: Construction, $190,463.81 ; accounts receivable, $6,651.96— total, $197,115.77.

ST. Louis AND MISSISSIPPI VALLEY TRANSPORTATION COMPANY.— Incorporated September 10, 1881, for the
purpose of transporting grain to New Orleans. The Union Pacific owns $116.000 stock, which is held by the trus-
tees under the trust indenture of September 4, 1891. A dividend of 3 per cent, was paid during the year. Earnings
for year ending December 31, 1891. -Freight, $831,953.40 : miscellaneous. $94,h29. 17— total. $926,782.57. Expenses
—transportation, $500,142.42; repairs and shore expenses, $191,935.23— total, $6<)2,077.t>5. Net earnings, §034,-
704.92. Charges : Depreciation of boats, barges, etc., $9(5,000 ; loss of boats, barges, etc., $1.872 ; dividend, $57,-
861— total, $155,733. Balance of income, $78,971.92. Financial Statement, December 31, 1891.— Capital stock,
$1,928,700; note? payable, $650,000; accounts payable, $194,111.96; income acconnt, $510,087.32— total. $3,282.-
899.28. ( 'ontrn : Cost of boats, barges, etc., $939,154.80 ; bills receivable, $341,680.90 ; accounts receivable, $1,919,-
892.15 ; cash, $82,171.43— total, $3,282,899.28.

TINTIC IKON COMPANY.— The capital stock of this company is $300,000, of which the Oregon Short Line and
Utah Northern Ry. Co. owns $146,250, having received a stock dividend of $16,250 since January 1, 1892. The
earnings of the company in 1891 were $5.062.30, the expenses, $4,730, and the net earnings, $332.30. No dividends
were paid on the stock of this company during the year.

UNION DEPOT AND RAILROAD COMPANY OF DENVER, COL. — Incorporated November 24. 1879. The capital
stock of this company is $400.000, of which the Union Pacific Ry. Co. owns $240,000, and the Union Pacific, Den-
ver and Gulf Ry. Co. $80,000. The Union Pacific Ry. Co. holds $8,683.84 in notes of this company. The revenue
for 1891 was $79,649.93, against $80.511.16 in 1890. The surplus, in 1891, was $51.228.16 ; in 1890 it was $55,020.78.
Financial Statr-ment. December 31. 1891.— Capital stock, $400.000; bonds outstanding, $300.000; notes payable,
$8,688.84; accounts payable, $16,098.19; accrued interest, $7,980; income account, $315,200.32— total, $1.047,-
962.35. Contra; Construction and improvements, $588.830.44; franchises and privileges, $400,000; cash, $22,-
972.94 ; accounts receivable, $36,158.97— total, $1,047,962.35.

UNION DEPOT COMPANY (KANSAS CITY).— Incorporated November 29, 1875. and station opened April 7. 1^7S.
Capital stock. $210,000, of which the Union Pacific Ry. Co. owns $21,000, which is held in trust under the trust
indenture of September 4, 1891. The net earnings for the year 1891, after deducting taxes and interest on bonds,
amounted to $58,605.48. Financial Statement^ December 31, 1890.— Capital stock, $210,000 ; bonds outstanding,
8 per cent., due 1899, $121.000 ; bonds redeemed. $89,000 ; less amount for which stock was issued February 5,
1883, $18,000), $71,000 ; revenue applied on construction for which stock will be issued, $125,036.50 ; sinking fund,
$9.091 55 ; accounts payable, «2,4S0.9K ; income account, $115,963.70— total, $654,572.73". Contra: Construction,
$527,036.50 ; bills for collection, 93,929.51 ; sundry accounts, $33.006.37 ; cash, §600.35— total, $654,572.73. (See
GENERAL INDEX.) •

UNION DEPOT COMPANY OF SPOKANE FALLS. — This company was incorporated July 9, 1889, for a term of

The capital stock of the Depot Co. is limited to $500,000, which has been issued, one-half to the Seattle, Lake
Shore and Eastern Ry. Co. and one-half to the Washington and Idaho RR. Co. In order to provide funds for the
purchase of lands, the construction of stations, etc., the Depot Co. has issued $400.000 first mortgage gold five
per cent, bonds, due July 1, 1919. Of these $300,000 have been bought by the Union Pacific Ry. Co. and are held
by the trustees under the trust indenture of September 4. 1891. and $100.000 have been bought as an investment
for the Union Pacific insurance fund. The total issue of bonds is limited to $500,000. The company defaulted in
the payment of interest on its bonds on July 1, 1891, arid foreclosure proceedings have been or are about to be
instituted under the mortgage. Financial Statement, December 31, 1891.— Capital stock, $500,000 ; first mortgage
bonds, $iOO,000 ; notes payable, $32,358.70 ; accounts payable, $77,945.77 ; unpaid coupons, $20,000— total, $1,030,-
304.47. Contra : Depot grounds and other lands, $254,000 ; construction, $730,738.02 ; cash, $5,221.02 ; material,
$5,855.54 ; accounts receivable, $34.489.89— total. $1,030,304.47.

UNION ELEVATOR COMPANY OF OMAHA. — Incorporated April 7, 1881. Built by the Union Pacific jointly with
citizens of Omaha. Leased for five years from January 1. 1882. to, Messrs. Himebaugh, Merriam & Co. ; rental,
8 per cent, on stock. The Union Pacific owns $81,000 of the stock of this company, which is held by the trustees
under the trust indenture of September 4, 1891. Dividends paid during 1891, $10,800. Financial .s'/Wf/mv,/1,
December 31, 1891.— Capital stock, $135,000 ; accounts payable, $930.92— total, $135,930.92. Contra : Construction,
$134,935.33 ; accounts receivable, $885.67 ; cash on hand, $18.02 ; income account, $91.90— total, $135,930.92.

UTAH LIME AND CEMENT COMPANY.— The capital stock of this company is $150,000. of which the Oregon
Short Line and Utah Northern Ry. Co. owns $25,000. The net profits of the company during the year were
$19,066.54. Dividends equal to 12 per cent, of the stock were paid during the year.

Board of Directors, Union Pacific Ry, Co., elected April 27, 1892.

Frederick L. Ames Boston, Mass. I Sidney Dillon New York, N. Y.

Edwin F. Atkins

F. Gordon Dexter " "

GrenvilleM. Dodge. Council Bluffs,Ia.
Henry H. Cook. . . .New York. N. Y.

Jay Gould

Henry B. Hyde "

Gardiner M. Lane Boston, Mass.

Alexander E. Orr..New York. N. V.

Russell Sage New York, N. Y.

S. H. II. ( lark Omaha, Neb.

Joseph H. Millard »

Marvin Hughitt Chicago, 111.

James Sharp.. Salt Lake City, Utah.

Government Directors.

John F. Plummer.New York. N. Y. | George E. Leighton . St. Louis, Mo. | Jesse Spalding Chicago. 111.

Rufus B. Bullock Atlanta. Ga. Joseph W. Paddock Omaha, Neb.

SIDNEY DILLON, Chairman of the Board New York, N. Y.

S. H. H. CLARK, President Omaha, Neb.

Edwin F. Atkins, Vice-President Boston, Mass.

Comptroller -Oliver W. Mink Boston, Mass. | Secretary— Alexander Millar Boston, Mass.

Treasurer — James G. Harris Boston, Mass.

PRINCIPAL OFFICE AND ADDRESS Ames Building, Boston, Mass.

Financial Agency in New York Union Trust Co., 80 Broadway.

Operating Office Omaha, Neb.

POOR'S MANUAL OF RAILROADS. 1021

UNION RAILROAD COMPANY.

Line of Road. — Baltimore to Bay View Junction and Canton, Md 9.62 miles.

2d track, 8.64 milds ; sidings, etc., 5.73 miles. Gauge. 4 ft. 9 in. Rail (steel), 70 and 85 Ibs.

History.— Chartered in 1866 ; road opened in 1873. On March 1, 1882, the Northern
Central Ry. Co. acquired control of this road by purchase of its entire capital t-tock, and
assumed payment of the bonded debt, principal and interest. This is a toll road, and its
operations are kept separate. See statement of Northern Central Ry. Co., on page 826.

Operations, etc.— Not reported.

Financial Statement, December 31, 1891.— Capital stock, .$1,200,000; funded debt (1st
mortgage 6 per cent. 28-year bonds, due January 1, 1895, interest January and July, $117,-
000 ; 1st mortgage 6 per cent. 25-year bonds, due January 1, 1895, interest January and July,
$783,000 : 2d mortgage [£ or $] 6 per cent. 27-year bonds, due May 1, 1900, interest May and
November, $600,000), $1,500,000; profit and loss, $583,403.27— total, representing cost of
road, etc., $3,283,403.27. The $117,000 1st mortgage bonds are endorsed by the City of
Baltimore, the remainder by the Canton Co.

Directors. — Not reported.

B. F. NEWCOMER, President Baltimore, Md.

John S. Leib, Treasurer Baltimore, Md.

PRINCIPAL OFFICE AND ADDRESS Baltimore, Md.

UPSON COUNTY RAILROAD COMPANY.

Line of Road. — Barnesville, Ga., to Thomaston, Ga 16.33 miles.

Sidings, etc., 0.34 mile. Gauge, 4 ft. 8£ in.

History.— Chartered as Thomaston and Barnesville RR. Co., December 23, 1839, and
road opened in 1856. Sold at sheriff's sale, and reorganized under present title December 6,
1800. Destroyed at the close of the war, and rebuilt in 1870. Operated by the Central Rail-
road and Banking Company of Georgia, which owns $34,941 out of a total issue of $40,005
capital stock. There is no bonded or other debt on the road. Par value of stock, $30.

Operations for year ending June 30, 1891. — Traffic statistics not reported. Gross earn-
ings, $19,020; operating expenses and taxes, $17,640 : net earnings, $1,380.

E. A. FLEWELLEN, President Thomaston, Ga.

G. A. Weaver, Secretary Thomaston, Ga.

PRINCIPAL OFFICE AND ADDRESS Thomaston, Ga.

VISALIA RAILWAY COMPANY.

(ThefoUoicing statement is related from MANUAL for 1891 ; later information refused.}

Line of Road.— Visalia, Cal., to Goshen, Cal 7.33 miles.

Sidings, etc., 1 mile. Gauge, 4 ft. 8| in. Rail, 50 Ibs.

History. — Incorporated May 21, 1874 ; road opened in September, 1874.

Rolling Stock. — Locomotive engines, 3. Cars — passenger, 1 ; baggage. 1.

Operations for year ending December 31, 1890. — Passengers carried, 23,487. Tons
freight moved,' 14,699. Earnings— passenger, $11,743.55; freight, $12,512.20; mail and
express, $1,121.48 — total, $25,377.23. Operating expenses, $14,784.15. Net earnings, $10,-
593.08. Paid taxes, $1,000— net income, $9,593.08.

Financial Statement, December 31, 1890.— Capital stock (par, $100), $82,025 ; profit and
loss, $69,207.95— total, $151,232.95. Contra: Cost of road, $108,231.45; equipment, $36,-
001.50; other assets, $7,000— total, $151,232.95.

Directors.-R. E. Hyde, E. Jacob, L. C. Hyde, S. Mitchell, Visalia, Cal.; Solomon
Sweet, San Francisco, Cal.

R. E. HYDE, President Visalia, Cal.

Vice- President and Treasurer— E. Jacob . . Visaiia, Cal. I Secretary — Julius Ltvy VisaJia. CuL

PRINCIPAL OFFICE AND ADDRESS Visalia, Cal.

1022 POOR'S MANUAL OF RAILROADS.

WARREN AND FARNSWORTH RAILROAD COMPANY.

Main Line of Head.— Clarendon, Pa., to Vandergrift, Pa 10.05

Branches : Junction to Garfield, 1.12 ; Junction to Dunham's Mill, 4.09. . 5.21 — 15.26 miles.
Sidings, etc., 1.28 miles. Gauge, 3 ft. Rail, 35 Ibs. per yard.

History. — Reorganization, April, 1885, of the Warren and Farnsworth Valley RR. Co.,
which was chartered April 6, 1882 ; road opened August 1, 1882.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1; baggage, etc. , 1; freight
(box, 6 ; platform, 29), 35 — total, 37. Also 4 service cars.

Operations for year ending June 30, 1891.— Train mileage — passenger, 10,670 ; freight,
4,350— total, 15,029 miles. Passengers carried, 3,818; carried one mile, 30,544. Tons
freight moved, 6,896 ; moved one mile, 82,752. Earnings— passenger, $2,079.38 ; freight,
$5,910.29 ; mail and express, $178— total, $8,167.67. Expenses, $8,573.97 ; other charges,
$136.55— total, $8,710.52. Deficit, $542.85.

Financial Statement, June 30, 1891.— Capital stock (par, $50), $75,000. Contra: Cost
of road, $1'>5,722.59 ; equipment, $45,855.93— total, $171,269.83.

Directors.— T. Struthers, L. D. Wetmore, J. H. Eddy, C. W. Stone, F. Henry, A. J.
Hazeltine, Warren, Pa.

M. WATERS, President Warren, Pa.

M. B. Dunham, Vice-President Warren, Pa.

Secretary— 3. P. Jefferson Warren, Pa. | Aw/ifor—C. P. Wilkins Clarendon, Pa.

PRINCIPAL OFFICE AND ADDRESS Warren, Pa.

WASHINGTON CITY AND POINT LOOKOUT RAILROAD COMPANY.

Line of Road. — Washington to Point Lookout 80.0

Branches : Pawtuxet River, 3 miles ; St. Mary's River, 3 miles 6.0—86.0 miles.

Completed : Brandy wine to Mechanicsville 20.0 miles.

Gauge, 4 ft. 8^ in. Rail (steel), 56 Ibs.

History.— Chartered April 3, 1872, as successor to the Southern Maryland RR. Co. (See
MANUAL for 1886, page 491, and MANUAL for 1891, page 569.)

Rolling Stock. — Locomotive engines, 2. Cars — passenger, ,2 ; baggage, etc., 4 ;
freight, 8 — total, 14.

Operations. — No information furnished.

Financial Statement. — Not furnished.

Annual meeting, first Tuesday of April.

Directors. — Charles H. Green, Herman Knubel, A. D. Dickinson, Wm. J. Best, New
York, N. Y. ; Francis P. Stevens, Morris P. Stevens, Alfred Ely,jThomas J. Irving, William
H. Hills, Baltimore, Md.

CHARLES H. GREEN, President New York, N. Y.

Vice-Pres.— William J. Best New York, N. Y. | Secretary— M.. P. Stevens Baltimore, Md.

PRINCIPAL OFFICE AND ADDRESS 82 and 84 Church Street, New York, N. Y.

WASHINGTON SOUTHERN RAILWAY COMPANY.

Line of Road.— Shelton, Wash., to Satsop, Wash 30 miles.

History. — Consolidation of the Satsop RR. Co. and the Seattle Lumber Co. Road built
and opened as above in 1890.

Rolling Stock, Operations.— All information refused.

J. R. MCDONALD, President Seattle, Wash.

A. H. Anderson, Vice-President and Gen. Manager Shelton, Wash.

Treasurer— Geo. Lawler Seattle, Wash. | Secretary— Q. C. Hanson Seattle, Wteh.

PRINCIPAL OFFICE AND ADDRESS Seattle, Wash .

POOR'S MANUAL OF RAILROADS. 1023

WESTERN RAILWAY COMPANY OF FLORIDA.

Main Line of Road.— Sharon, Fla., to Melrose, Fla 23.1

Leased : Green Cave and Midland Railway 10.4 — 33.5 miles.

Sidings, 2.5 miles. Gauge, 3 ft, Rail (steel, 6.5 miles), 35 Ibs.

History. — Organized July 26, 1886, and leased the Green Cove and Midland Ry. In
1886 the company built 5.5 miles of road from Sharon to Belmore, extension from Sharon to
Melrose completed early in 1890. The company also operates a logging road running from
Sharon south about 10 miles. Placed in the hands of a receiver under an order of the U. 8.
Circuit Court for the northern District of Florida, dated February 24, 1892.

Rolling: Stock. — Locomotive engines, 3. Cars — flat, 30 ; other, 1 ; pole, 3 — total cars. 34.

Operations for year ending June 30, 1890. — Train mileage, passenger and freight statis-
tics not reported. Earnings— passenger, $3,479.53 ; freight, $27,580.72— total, $31,060.25.
Operating expenses — transportation, $9,583.59 ; maintenance of equipment, $8,335.42 ;
maintenance of way, etc., $9,000.58; general, $8,985.64— total, £33,905.23. Deficit from
operations, $2,842.98. The traffic of this road consists chiefly of freighting logs and lumber
from along the line to Green Cove Springs.

Financial Statement. — Capital stock authorized, $500,000, only a small proportion of
which has been paid in. Dividends of 8 per cent, paid on amount paid in. No bonds or
debt of any kind.

GREEN COVE AND MIDLAND RAILWAY.— Green Cove Springs to Sharon, Fla.. 10 miles.
Chartered a* Green Cove Springs and Melrose RR. Co.. February 28, 1881, and road opened in March, 1883. The
capital stock was $200,000. and there were §<JOO.OUO first mortgage bonds and $300.000 land grant bonds. The cost
of road was $80.000 ; rolling stock. §10.000 : real estate. $-20.500. Defaults were made and the road placed in the
hands of a receiver. Sold under foreclosure August 3. 1885. and purchased by creditors, who organized the Green
Cove and Midland Ry. Co., and leased the road to the Western Ry. Co. of Florida. The old securities were wiped
out by the foreclosure. Again placed in hands of receiver, February 24, 1892. J. H. DURKEE. Btctlrer, Green
Cove. Fla. JOHN W. ASHBY. President. Gainesville. Fla.: J. C. Greeley, Treasurer, Cove Springs, Fla.

Board of Directors, Western Railway Company of Florida.

Dexter Hunter Jacksonville. Fla. J. C. Greeley Jacksonville. Fla. j W. R. Ketchum . . New York X Y

W. B. Barnett " W.J.Wilson. Green Cove Spriugs,Fla. | John G. Moore . .

E. R. Chapman New York, N. Y.

JOSEPH H. DITRKEE, Receiver Green Cove Springs, Fla.

DEXTER HUNTER, President Jacksonville, Fla.

Treasurer— J. S. Driggs Jacksonville, Fla. | Secretary— D. X. Reynolds Jacksonville, Fla.

PRINCIPAL OFFICE AND ADDKESS Green Cove Springs, Fla.

WEST JERSEY RAILROAD COMPANY.

Main Line of Road. — Camden, N. J., to Cape May, N. J 81.60 miles.

Salem Branch : Woodbury, N. J., to Salem, N. J 28.90

Elmer Branch : Elmer to Riddleton Junction. N. J 10.34

Bridge-ton Branch : Glassboro' to Bridgeton, N. J 19.68

Maurice River Branch : Manumuskin to Maurice River, N. J 9.85

Ocean City Branch : Sea Isle City June, to Ocean City, N. J 16.42

Townsend's Inlet Branch : Sea Isle City to Townsend's Inlet, N. J 3.58

Avalon Branch : Townsend's Inlet to Peermont, X. J 2.25

Anglesea Branch : Anglesea Junction to Holly Beach, X. J 7.26

Other Branches : In Salem, N. J., 0.96; in Bridgeton, X. J., 1.67 2.63—100.91 miles.

I eased • * West Jerse& atld Atlantic RR. (mileage on page 1026) 39.50

' \Attoway and Quinton RR. : Alloway to Quinton, X. J 4.22— 43.72 miles.

Total length of all lines owned and operated December 31, 1891 226.23 miles.

2d track owned, 30.02 111. ; sidings owned, 38.90 miles. Total track owned (steel, 199.23 miles),
251.43 ; total track on all lines owned and leased (steel, 241.78), 303.46 miles. Gauge, 4 ft.
9 in. Rail, 50 to 60 Ibs.

History. — Chartered February 5, 1853 ; road opened to Woodbury in 1857, and to Bridge-
ton in 1862. The Bridgeton Branch, built under a separate charter, was opened in 1860, and
consolidated June 1, 1868. The extension to Cape May, built by the Cape May and Millville
RR. Co., was opened in June, 1868, and consolidated August 29, 1879. On August 27, 1885,

1024 POOR'S MANUAL — WEST JERSEY KB. CO.

the consolidation and merger of the Ocean City RR. Co. into the West Jersey RR. was rati-
fied by the stockholders of the latter corporation, and under the agreement of merger one
share of W. J. stock was issued in exchange for the stock of the O. C. RR. (150,000), the
consolidation being wholly formed, all the stock of the O. C. having been previously owned
by the W. J. RR. Co. On December 23, 1887, the consolidation and merger of the Salem and
Swedesboro' RR., also the Salem Branch, the West Jersey Terminal, the Maurice River, and
the Woodstown and Swedesboro' Railroads into the West Jersey RR. was -effected. In 1888
the Anglesea RR., extending from Holly Beach to Anglesea, a distance of 7.26 miles, was
purchased by this company.

The Alloway and Quinton RR., extending from Alloway to Quinton, N. J., a distance of
4.22 miles, -was completed and opened December 31, 1891 ; operated by this company under
lease.

Rolling* Stock, December 31, 1891. — Locomotive engines, 39. Cars — passenger, 108; bag-
gage and mail, 14 ; street, 3 ; freight (box, 239 ; gondola, 76 ; dump, 78 ; caboose. 9), 402 —
total revenue cars, 527. Also 100 service car.-.

Operations for year ending December 31, 1891 (226.23 miles).— See tabulated statement
following.

Earnings.— Passenger $991,150 40

Freight 518,154 17

Mail 18,653 24

Express 110.092 61

Miscellaneous 14,04033

Total ($7,468.53 per mile) $1,658,090 75

Expense s.— Transportation $433,173 84

Motive Power 379,360 71

Maintenance of Cars 93.361 23

Maintenance of Way 286.763 26

General 24,328 05

Total ($5,481.69 per mile) $1,216,987 09

Net earnings (26.60 per cent.), $441,103.66. Add other receipts: interest and divi-
dends, $4,985.75 ; interest on mortgage, $3,000 ; on use of equipment, $73.75 ; received
from Camden and Atlantic RR. Co. under contract, $1,835.78 — total available revenue, $450,-
998.94. Payments : Interest on bonds (W. J. RR. bonds, $175,000 ; Ocean City RR. bonds,
$5,000; Salem RR. bonds, $4,000 ; Swedesboro' RR. bonds, $14,OuO; Woodstowu and Swedes-
boro' RR. bonds, $5,400), $203,400; on certificates of indebtedness (C. M. & M. RR.), $174 ;
interest, general account, $5,73688 ; dividends (on common stock, March 15 and September
15, 34- per cent, each., $143,305.75 ; on special guaranteed stock, June 1 and December 1, 3
per cent, each, $7,335), $150,640.75 ; rental, W. J. & A. RR,. $24,241.34— total, $384,192.97.
Balance surplus per year, $66,805.97; surplus from last year, $462,673.42— total surplus,
$529, 479. 39, from which deduct amount expended in extraordinary repairs, $45,677.73;
sundry items, $101.72 — total, $45,779.45 ; leaving net surplus, as per general balance sheet,
$48:},699.94.

SINKING FUND. — The trustees of the sinking fund report received from 50th and 51st
semi-annual instalments, $12,500 ; interest on investments, $41,878.20 ; received from sales
of 8,000 West Jersey RR. 1st mortgage 7s, $9,600 ; received from sale of 17,000 Pennsyl-
vania RR. consols, $20.955 ; cash balance on hand January 1, 1891, $283.57— total, $85,216.77.
Contra : Purchase of $2,000 W. J. RR. 1st 7s, $2,405 ; purchase of $13,000 P. C. & St. & L.
Ry. 7s, $15,372.50 ; purchase of $25,000 Cambria and Clearfield RR. 1st 7s, $25.354.03 : pur-
chase of $7,000 Philadelphia and Baltimore Central RR. 1st 4is, $7,032.62 ; purchase of
s25. 000 Pittsburgh, Youngstown and Ashtabula RR. 1st 5s, $26,085.99; return of advances
made by W. J. RR. Co., $7,500 ; interest, expenses, etc., $518.33; balance on hand, Decem-
ber 31, 1891, $948.30— total, $85,216.77. The nominal amount held in sinking fund on
December 31, 1891, was $756,100, consisting of W. J. RR. bonds 1st mortgage 6s, $173,000;
1st mortgage 7s, $17,000 ; consolidated mortgage 6s, $106,600— total, $296,600 ; Swedesboro'
RR. 1st mortgage 7s, $63,000; Salem It It. 1st mortgage 4s, $100,000 ; Ocean City RR. 1st
mortgage 5s, $100,000; Camderi and Burlington County RR. 1st mortgage 6s, $2,500; Penn-
sylvania RR. equipment trust certificates, 4s (series A, $16,000; series B, $10,000),
$26,000; Pittsburgh, Cincinnati and St. Louis Ry. 1st 7s, $98,000 ; Pennsylvania RR. consol.
6s, $13,000 ; Cambria and Clearfield 1st mortgage 5s, $25,000 ; Philadelphia and Baltimore
Central RR. 1st mortgage 44s, $7,000— total, $756,100.

POOR S MANUAL — WEST JERSEY RE. CO.

1025

Statement of operations, capital account, etc., for eight years :

1884

1885 1886 1887 1888 1889 ; 1890 1891

Mile* RR Operated

aw.ie 200.19

690.317 727,800
215.089 221,701
Hi, 190 16,457
.Mi6 965,958
1,810,109 1.809,586
56,818,113 56,783,069
439,670 407.442
14.5W.U13 15.i IT 7.143
$
1.310.048 1,286.012
816.343 809,895

198.31
763,431
237.111
86,076

l/>37. US
1.960,497
01,204.138
504.006
15,385,547

1.352,458

849,184

209.02
812,277 905,010
244.191 291.138
31,804 27. 1142
1,088.3»;2 1.223.190
2.122.848 2.3u4..>0>

556:074
17,278,580i 18,651.76.5
$ f
1,469.215 1.556,034
976,258, 1.054,132

881.66

978,049
276.986
38,406
1,298,441
2,849,801
05.333.697
605,018
17,651,139

1.52(5.169
1,099.070

222.01
991,765

17.790
1,303,824

05,712.308
699,173
21,946,856

1.633.746

1,141,920

220.23
1.059,884

14.044
i 1.376.261

69.059.93S
7»,061

22.i'Sx.:j4«)

1,658,091

Passenger Train Miles. . . .
Freight Tr»\in Mile*

Other Train Miles
Total Train Miles
Passengers Carried

Pa^enger Mile8

Freight (tons?) Moved
Freight (ton) Miles ....

Gross Traffic Earnings
Operating Expenses

Net Traffic Earnin""^

503.305
11,967

476,617
14,008

508,274
21.351

492.957

20,857

501.902
27.349

427,099 491.820
27. '.'73 31,098

441.104
9.895

Other Receipts

Available Revenue ....

Lease Rentals, etc
Interest

515,272

131.938
175,174
(6) 87,789
120,371

6,592 96

4.078 45
2.514 51
61.S6 p. C.

1.45 e.

2.58 c.

101.07
142.49

ro!oo

30
tt

260

-
MM$00

2 7 5< M N H i

480,625

121,089
175.173
(6) N1..H3
105,250

6,423 95
4.043 13
2:380 82
62.94 p. c.
1.41 c.
2.47 c.

110.57
165.65
103.82
30
83

199
1.485,650

2411,100
170,607

524,625

131,827
180,174

(6) 89.141

' 123,483

KM'.) f.2

2.537 82
02. 7'.. p. c.
1.88 c.
2.53 c.

119.65
170.30
114.90
30

8
199

2,861,00(1
180,90C
285gBJN

513,814

129,801
182,843

(6) 89.142
' 112.523

7.020 06
4,67064

2.358 42
(50.45 p. C.
1.44 c.
2.48 c.

130.36

m.&

132.80
31
85

8
300

2,134.750
8,241,000
196,134
295,526

5,867.410

3.575.022
642.108

774.32.5
60.500
268,750
308,393
72,656

529,251

114,288

175.174
(6tn38.082
101.762

7.1o5 >2
4.813 f-3
2.2-.U On
•37.75 p. c.
1.45 c.
2.53 c.

179.48
247.94
172.S7
35
89
9
400
$
2,184,850
3,241,500
295,606
301,124

455.072

73,764
175.174
*14S.217
57,917

6,88829

1.027 69

72.02 p. c.
1.46 c.
2.49 c.

182.06
251.98

180.66
39
102
10
400

2.134.850
3.242.500
281.341
379.125

522.918

42.543
208,694
*14S.217
1231404

7.35888
5.14358
2.215 30
69. 90 p. c.
1.48 c.
2.35 c.

182.51
249.53
191.74
39
106
12
400
S

2.134.850
3.242.5iV>
281.554
402.. 17 3

450,999

24.241
209.311

7.46853

1.98684
73.4«»i>. c.
1.42c.
2.35 c.

182.51
251.43
19Q.23
39
108
17
402

2.204.600

379,173
483,700

Dividends
Balance, Surplus

Gross Earnings per Mile . . .
Gross Expenses per Mile..
Net Earnings per Mile ....
Expenses to Earnings
Aver. Rate u. Pass. p. Mile
Aver. Rate p. Ton p. Mile. .

Miles of Railroad Owned. .
Miles of Track..

Miles of Steel Rail

Locomotive Engines

•.-I1 Cars. :

ge, Mail, etc., Cars..
Freight Cars

Capital Stock
Funded Debt

Accounts Payable, etc
Profit and Loss

138,082

Total Liabilities

Railroads

Equipments

4,521,742

2,609,328

561.297
210,918
600,475
63,086
881,350
128,833
56,554

4,656,357

561,297
207,281
728,075
61,506
248,750
146.512
49,088

4,712,220

2,663,768
501.297
207.281
724,678
60,500

101.198
47,098

6.033.170

3.02S.443
713.709
288,442
709.450
60,500

81.697

6,037.816

3.642.011
778.566
300.327
724.1(10
60,000
301.500
160,768
60.&44

6,121,577

3.042.011
778.567
309,327
786.350
60.000
313:000
147.031
84,391

0,307,473

3.6.55.064
821,468
332.914
866,649
60,000

71.189

Real Estate
Stocks and Bonds

Other Investments

Sinking Fund
Sundry Assets

Cash

Total Prop, and A- - II

4.521,742

4,656.357 4,712.220

5,867,410

6,033.170 6.037.816

6,121,577

6.307,478

* Being at the rate of 7 per cent, on common and 6 per cent, on special guaranteed stock.
General Balance Sheet, December 31, 1891.

Construction $3.655,663 65 Capital Stock. Ordinary 82.082,350

Equipment S21.4U7 SO Capital Stock, Special Guar. . . 122,250— $2,204,600 00

Real Estate 332,914 34 Funded Debt 3,240,000 00

Unpaid Interest, Vouchers, and Dividends.

West Jersey and Atlantic RR. Co

Materials and Supplies 98,611 61

Stocks Owned 866.649 94

Mortgages 60,000 00

Sinking Funds 318.750 00

Due from Agents and Foreign Roads S2.152 34

Cash on Hand 71,18948

Due from Alloway and Quinton RR. Co 74 12

Total Assets $6.307,473

120.213 60
16.567 13

Certificates of Indebtedness 2.900 00

Dne Foreign Roads 32,780 61

Pennsylvania RR. Co 200,00000

Dividend Scrip Outstanding 71200

Profit and Loss 483,699 94

Total Liabilities...

$0.307,473 28

Annual meeting, first Tuesday In March ; books close thirty days previously. Directors
name day of payment of dividend; books not closed therefor. Stocks and bonds listed on
Philadelphia Stock Exchange.

65

1026 POOR'S MANUAL OF RAILROADS.

\

Funded debt outstanding ($3,240,000), consisted, December 31, 1891, of :

:- 1st mortgage 6 per cent, bonds, guaranteed by C. & A. Co., January 1, 181)6-1896. . . . . $1,000 000

1st mortgage 7 per cent, bonds, April 1, 1868-1899 ... 1 000 000

Consolidated mortgage 6 per cent, bonds, November 1. 1879-1909. ......... Vso'oOO

Ocean City RR. mortgage bonds, 5 p. c., due August, 1925, interest February and August .' .' 100,'oOO

Salem RR. mortgage bonds, 4 per cent., due 1912 100 000

Swedesboro' RR. mortgage bonds, 7 per cent., due 1898 20o'oOO

Woodstown and Swedesboro' RR. mortgage bonds, 6 per cent., due 1912 ....................... QO.'OOO

Interest on bonds is payable at office of Pennsylvania RR. Co., Philadelphia, Pa. The
authorized amount of the consolidated mortgage ($3,000,000) is intended to cover all the out-
standing issues and to provide for future needs of the company. The scrip issued as divi-
dend in March, 1891, does not bear interest, but is redeemable in cash, and is convertible
into stock at par.

The stocks held by the company consist of the following : Cape May and Millville RR.
Co. stock (7,000 shares), $350,000 ; West Jersey Express Co. (120 shares), $6,000 ; Cape
Island Turnpike Co. (443 shares), $100 ; West Jersey and Atlantic RR. Co. (9,103 shares),
$395,599.94 ; West Jersey RR. Co. (1,400 shares pledged), $70,000 ; Alloway and Quinton
RR. Co. (850 shares), $42,500 ; W. J. RR. (49 shares) common stock, $2,450— total,
$866,649.94.

RAILROADS LEASED BY THE WEST JERSEY RR. Co.

ALLOWAY AND QUINTON BAILBOAD.-Alloway Junction, N. J., to Quinton, N. J., 4.22
miles ; sidings, 0.24 mile. Gauge, 4 ft. 8i in. Rail (steel, 4.33 miles), 60 Ibs. Chartered July 8, 1891 ; road opened
December 21, 1891. Leased from January 1, 1892, to the West Jersey RR. Co. at a yearly rental of $1. Financial
Statement, December 31, 1891 — Capital stock, $42,500; unfunded debt, $74.12— total, representing cost of road
and equipment, $42,574.12. A. O. DAYTON, President, Camden, N. J. ; John M. Wood, Treasurer," James R.
McClure, Secretary, Philadelphia, Pa. PRINCIPAL OFFICE, 233 South Fourth Street, Philadelphia, Pa. Transfer
Office, Camden, N. J.

WEST JERSEY AND ATLANTIC RAILROAD. -Newfleld, N. J., to Junction C. & A. RR.,
near Atlantic City, N. J., 32.50 miles ; Pleasantville and Ocean City RR., Pleasantville, N. J., to Somers Point,
N. J., 7 miles— total, 39.50 miles ; sidings, 8.07 miles. Rail (steel, 38.22 miles), 70 Ibs. Chartered November 5,
1875 ; road opened June 15, 1880. Operated by the West Jersey RR. Co.; rental, net earnings. The Pleasantville
and Ocean City RR. Co. was consolidated with this company January 1, 1883. During 1886 a new connection was
made with the Camden & Atlantic RR. at Atlantic City, which occasioned a reduction of 1.96 miles of main track
Rental, year ending December 31, 1891, $24,241.34 ; other receipts, $2,080.56— total, $26,321.90. Expenses and
taxes, $5,212.62. Net income, $21,109.28. Paid interest on bonds, $15,120. Surplus, $5,989.28. Gross earnings
for year 1891, $191.030.95; operating expenses, $166,789.61 ; net earnings, $24,241.34, which are included in the
operations of the West Jersey RR. Co. (statement of which see), financial Statement, December 31, 1891.—
Capital stock, $935,850 ; funded debt, $236,000 ; unfunded debt, $2,824.75; income balance, $23.751.56— total,
$1,198,426.31. Contra: Cost of road and equipment, $1,151,270.05 ; other investments, $30,000; other assets,
$17,156.26— total, $1,198,426.31. Funded debt : 1st mortgage 6 per cent. 30-year bonds, due September 1, 1910,
interest March and September, $156,000 ; Pleasantville and Ocean City RR. 1st mortgage 6 per cent. 30-year bonds,
due July 1, 1910, interest January and July, $80,000. The 1st mortgage bonds are being gradually retired with
money received from W. J. RR. Co. for drawback. Annual meeting, first Tuesday in March. Books close day
preceding. Bonds and stock of original company (before consolidation of P. & O. C.) listed on Philadelphia
Stock Exchange. GEORGE WOOD, President ; Robert W. Smith, Treasurer j James R. McClure, Secretary, Pnila-
delphia, Pa.

Board of Directors, W. J. RR. Co., elected March 1, 1892.

Geo. B. Roberts. . .Philadelphia, Pa.

George Wood

J. N. Du Barry

N. P. Shortridge..
Josiah Wistar ....

Jas. H. Nixon Philadelphia, Pa.

David B. Gill

Wm. G. Nixon

B. B. Comegys

C. F. Learning Cape May, N. J.

Jno. M. Moore. . . .
Thos. H.Dudley....
Henry D. Welsh...

Wm. J. Sewell

B. F. Lee . .

Clayton, N. J.
Camden, N. J.

GEORGE B. ROBERTS, President Philadelphia, Pa.

W. J. Sewell, Vice-President Federal Street, Camden, N. J.

Secretary— James R. McClure Philadelphia, Pa. | Treasurer— Robert W. Smith Philadelphia, Pa.

General Manager— Charles E. Pugh. Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS Federal Street, Camden, N. J.

Fiscal Agency and Tranfer Office 233 South Fourth Street, Philadelphia, Pa.

WIGGINS FERRY COMPANY.

History. — This company was chartered February 11, 1853, and operates the following
carjtrausfers : Wiggins Car Transfer, Madison County Car Transfer, Illinois and St. Louis
Car Transfer. The company owns freight yard and tracks in St. Louis, Mo., as follows :
Mound Street Yard, 16,646 feet ; Chouteau Avenue Yard, 4,640 feet ; Carroll Street Yard,
9,590 feet— total, 30,876 feet, or 5.85 mile». Car transfer started in 1870. Besides the car

POOR'S MANUAL OF RAILROADS. 1027

transfer, the company operates 6 ferry-boats between St. Louis, Mo., and East St. Louis, 111.
Equipment owned. — Car transfer steamers, 4 ; car transfer barge, 1 ; tugs, 2 ; ferry-boats,
6 ; ferry wharf-boats, 6.

Financial Statement.— Capital stock (par, $100), $1,000,000. No bonds issued.

Annual meeting, second Tuesday in November ; books close ten days previously. Divi-
dends payable quarterly, at St. Louis, Mo.; books close ten days before payment of same.

Directors (elected November 10, 1891).— Johu Scullen, E. Peugnet, A. C. Church, John
W. Turner, R. P. Jansey, St. Louis, Mo.

JOHN SCULLEN, President St. Louis, Mo.

A. C. Church, Vice- President St. Louis, Mo.

Secretary and Treasurer— R. L. Clark St. Louis, Mo. | Manager— C. H. Shtrman St. Louis, Mo.

PKINCIPAL OFFICE AND ADDRESS St. Louis, Mo.

WILLIAMSVILLE, GREENVILLE AND NORTHEASTERN RY. CO.

Line of Road Projected.— Williams ville to Greenville.'Mo 12.00 miles.

Completed : Williamsville, Mo., to Edwards, Mo 10.46 miles.

Gauge, 4 ft. 8£ in. Rail (steel, 4 miles), 32 and 40 Ibs.

History. — Chartered June 15, 1888 ; road built as above iu 1890.

Rolling Stock. — Locomotive engines, 2. Cars — freight, 27 ; other, 1 — total cars, 28.

Financial Statement.— Capital stock (par, $100) authorized, $120,000 ; funded debt (1st
mortgage 6 per cent. 20-year bonds, due July 1, 1909, interest semi-annually) authorized and
outstanding, $40,000. Contra: Cost of road and equipment, $83,866.12.

Annual meeting, June 15. Trustee of bonds, D. F. Ferguson.

Directors.— H. N. Holladay, A. B. Martindale, R. B. Gladden, Jno. T. Butts, Williams-
ville, Mo. ; C. W. White, Grandon, Mo.

W. N. HOLLADAY, President Williamsville, Mo.

Treasurer— A. B. Martindale Williamsville, Mo. | Secretary— C. W. White Grandon, Mo.

PRINCIPAL OFFICE AND ADDRESS Williamsville, Mo.

WILMINGTON SEA COAST RAILROAD COMPANY.

Line of Road.— Wilmington, N. C., to Atlantic Station, N. C 11 .81 miles.

Gauge, 4 ft. 8i in. Rail (steel), 45 Ibs.

History. — Organized in 1888 ; road completed and opened from Wilmington to Ham-
mocks, N. C., 10.31 miles. Purchased the Ocean View RR., extending from Hammocks to
Atlantic Station, 1.51 miles, on February 28, 1891.

Rolling Stock. — Locomotive engines, 3. Cars — passenger, 11 ; freight, 3 — total cars, 14.

Operations for year ending June 30, 1891. — Train mileage and traffic statistics not
reported. Earnings— passenger, $21,442.89 ; freight, $2,490.35 ; mail, $395 ; other, $290.81
—total, $24,629.05. Operating expenses, $23,668.73. Net earnings, $960.32.

Financial Statement, June 30, 1891.— Capital stock, $146,000 ; loans and bills payable,
$23,700 ; audited vouchers and accounts, $12,050.04— total, $181,750-04. Contra : Cost of
road, $117,350.34 ; equipment, $14,335.70 ; real estate, etc., $47,321.84— total, $179,007.88.

Directors.— B. G. Worth, G. R. French, Wm. H. Chadbourn, G. H. Smith, E. S.
Latimer, Wilmington, N. C.; James H. Chadbourn, Jr., Chadbourn, N. C.

E. S. LATIMEK, President Wilmington, N. C.

B. G. Worth, Vice-president Wilmington, N. C.

Trecuurer— W. P. Toomer Wilmington, N. C. | Sec. & Gen. Man.—J. R. Nolan Wilmington, N. 0.

PRINCIPAL OFFICE AND ADDRESS Wilmington, N. C.

1028 POOR'S MANUAL OF RAILROADS.

WORCESTER AND SHREWSBURY RAILROAD COMPANY.

Line of Road. — Worcester, Mass., to Lake Quinsigamond, Mass 2.7 miles.

Gauge, 3 ft. Rail (steel), 56 and 60 Ibs.

History.— Chartered in 1872. Road opened in 1873.

Rolling Stock, June 30, 1891. — Locomotive engines, 4. Cars — passenger, 8 ; freight
(gravel), 4— total, 12.

Operations for year ending June 30, 1891.— Train mileage (passenger), 34,297 miles.
Passengers carried, 381,702 ; carried one mile, 1,030.595 ; average mile rate, 2 cents. Earn-
ings—passenger, $27,775.65 ; mail, $112.77— total, $27,888.42. Operating expenses— trans-
portation, $10,013.87; maintenance of equipment, $2,499.85; maintenance of way, etc., *2.-
599.77; general, $5,676.88— total, $20,790.37. Net earnings, $7,098.05. Payments : Interest
on bonds, $1,320 ; on debt, $1.550.08 ; taxes, $321.89— total, $3,191.97. Balance, surplu?,
$3,906.08. Surplus forward, $27,173.30— total surplus, $31,079.38.

Financial Statement, June 30, 1891.— Capital stock, $36,825 ; funded debt~(6 per cent,
bonds, due January 1, 1895), $22,000 ; loans and bills payable, $11,343.15 ; profit and loss,
$31,079.38— total, $101,247.53. Contra: Construction, $57,759.92 ; equipment, $42,801.48 ;
cash, $686.13— total, $101,247.43.

Directors (elected October, 1891).— H. H. Bigelow, Josiah H. Clarke, George A. Stevens,
Charles S. Turner, George H. Ball, Worcester, Mass.

H. H. BIGELOW, President and Treasurer Worcester, Mass.

Auditor— S. K. Hindley Springfield, Mass. | S"p<-rr/itt •rtdf.nt— Irving E. Bigelow. . .Worcester, Mass-

PRINCIPAL OFFICE AND ADDRESS Washington Square. Worcester, Mass.

ZEALAND VALLEY RAILROAD COMPANY.

Line of Road.— Zealand, N. H., to Howes Pond 10.0 miles.

Branch : Zealand Notch to Terminus 1.5 mile.

Sidings, 5.5 miles. Gauge, 4 ft. 8£ in. Rail, 56 Ibs.

History. — Road opened February 18, 1886. Operated as a logging road till 1887, when
it was opened for general traffic business. Surveys completed for an extension to Thompson.

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars — freight (platform, 13 ;
logging, 101), 114 ; caboose, 2 — total cars, 116. Of this equipment 8 platform and 1 caboose
car are leased.

Operations for year ending June 30, 1891. — Train mileage — freight, 42,400 ; mixed,
5,300 ; other, 1,500— total, 49,200 miles. Passengers carried, 2,100 ; carried one mile, 11,200.
Tons freight moved, 96,000 ; moved one mile, 455,000. Earnings — passenger, $395 ; freight,
$54,300 — total, $54,695. Operating expenses — transportation, 7,950 ; motive power and
cars, $8,450; maintenance of way and general, $9,800— total, $26,200. Net earnings, $28,495.

Financial Statement, June 30, 1891.— Cost of road, $70,500; rolling stock, $29,400 ;
buildings, $4,200 ; materials and fuel, $4,950— total, $109.050.

Directors (elected April 14, 1888).— W. A. Stowell, E. F. Mann, Woodsville, N. H. ; J.
H. Henry, G. E. Henry, Zealand, N. H.

J. E. HENRY, President Zealand, N. H.

Treasurer— 3. H. Henry Zealand, N. H. | General Manager— G. E. Henry Zealand, N. H.

PRINCIPAL OFFICE AND ADDRESS Zealand, N. H.

ABERDEEN AND WEST END RAILROAD COMPANY.

Line of Road.— Aberdeen, N. C., to Candor, N. C 2<">-33 miles.

History.— Chartered February, 1889 ; organized October 21, 1889.
Rolling Stock. — Not reported.

POOR'S MANUAL OF RAILROADS. 1029

Operations for year endiug June 30, 1891.— Train mileage and traffic statistics not re-
ported. Earnings— passenger, $2,000 ; freight. $44,000 ; mail, $1,080 ; other, £980— total,
$48,060. Operating expenses — transportation, $11.070 ; maintenance of equipment. $1,100 ;
of way, etc., £4,300 : other, $5,270— total, $21,740. Net earnings, $26,320. Paid interest
on bonds, $3,000. •

Financial Statement.— Capital stock, $88,300 ; funded debt (1st mortgage 6 per cent,
bonds, dated January, 1890, due January, 1910, interest January and July), $50,000; car
trust notes, $10,080 — total, $148,380. Contra : Cost of road and equipment, $133,450.

Directors.— A. F. Page. X. A. McKeithen. R. X. Page, Aberdeen. X. C.; D. A. McDon-
ald. Carthage, X. C. ; Xeill Leach, Candor, X. C.

A. F. PAGE, President Aberdeen, X. C.

tec. d- Treat.— R. X- Page Aberdeen, N. C. | Gtn. Superintendent— J. R. Page Aberdeen. N. C.

PRINCIPAL OFFICE AND ADDRESS Aberdeen, N. C.

ALTOONA, CLEARFIELD AND NORTHERN RAILROAD COMPANY.

Line of Road. — Altoona to Dougherty, Pa 12 miles.

Sidings, 0.33 mile. Gauge, 3 ft. Eail, all steel.

History. — Chartered May 27, 1890, as the Altooua and Wopsononock RR. Co. Xame
changed during the past year. Road completed as above at the close of 1191.

Rolling Stock. — Locomotive engine, 1. Cars — passenger, 3 ; freight, 6.

Operations for year ending June 30, 1S91. — Train mileage not reported. Passengers
carried, 1,200 ; carried one' mile, 16,800 ; average mile rate, 2.83 cents. Earnings from pas-
sengers, $476.09. Operating expenses, $285.65. Xet earnings, $190.44.

Financial Statement, June 30, 1891.— Capital stock, $27,600 ; current liabilities. $28.000
—total, $55,600. Contra : Cost of road, $53,897.48 ; equipment, $1,702.52— total, $55,600.

Directors.— F. G. Patterson, W. L. Shell enberger, S. J. Westley, C. A. Wood, A. C.
Shand, W. S. Lee, W. J. Heinsfing, John A. Canan, M. Scott Gwin, W. W. Yon, G. F. Bell,
W. K. Calvert, William Louden, John Louden, Andrew Keppel, Altoona. Pa.

F. G. PATTERSON. President . . Altoona, Pa.

W. L. Shellenberger, Vice-President Altoona, Pa.

—H. J. Davis Altoona. Pa. | 7>tvm/w—S. J. Westley Altoona, Pa.

PRINCIPAL OFFICE AND ADDRESS Altoona, Pa.

AU SABLE AND NORTHWESTERN RAILROAD COMPANY.

Main Line of Road.— Au Sable to McKiuley, Mich 38 miles.

South Branch : McKiuley to Meridian Line " 40 miles.

» orth Branch and Sidings 28 miles.

Total length of lines, December 31, 1891 106 miles.

teuge, 3 ft. Rail (steel), 30, 35, and 40 Ibs.

History. — Chartered July 15, 1891, as successor to the Au Sable and Xorth western RR.
)., which owned a line commencing near the mouth of the Au Sable River on Lake Huron,
lending in a northwesterly direction up said river for a distance of 70 miles. The present
company has built 26 miles of logging road and graded 10 miles of main line. It is proposed
extend the main line from McKinley in a northwesterly course 38 miles during 1892. The
iil from the spurs now used for logging purposes will be used on the main line as supply of
imber on them is exhausted.

Rolling Stock. — Locomotive engines, 11. Cars — passenger, 2 ; baggage, etc., 3 ; freight
>x, 7 ; flat, 29), 36 ; other, 256— total cars, 297.
Operations, Financial Statement, etc.— Xot reported.

1030 POOK'S MANUAL OF RAILROADS.

Directors,— H. M. Loud, H. N. Loud, Geo. A. Loud, E. F. Loud, W. F. Loud, Au Sable,
Mich.

H. M. LOUD, President Au Sable, Mich.

Geo. A. Loud, Vice-Pres. and Gen. Manager Au Sable, Mich.

Secretary— R. N. Loud Au Sable, Mich. | Treasurer— W. F. Loud • Au Sable, Mich.

PRINCIPAL OFFICE AND ADDRESS Au Sable, Mich.

BARBERTON BELT LINE RAILROAD COMPANY.

Line of Road. — Around the town of Barberton, 0 6 miles.

Gauge, 4 ft. 8£ in. Rail (steel), — Ibs.

History. — Chartered March 19, 1891, and shortly afterwards purchased the Belt Liue RR.,
which h;id been partially constructed. The road extends from the main line of the Akron
and Chicago Junction RR., the C. A. & C. Ry., and the P. & W. RR., on the east, in and around
the town of Barberton, to the N. Y., P. & O. RR., on the north.*

Financial Statement — Capital stock (par, $100) authorized and paid in, $50,000; funded
debt (1st mortgage 10-20 7 per cent, gold bonds, dated May 1, 1891, due May 1, 1911, interest
payable May and November; authorized, $33,000) issued, $25.000— total stock and bonds,
$75,000.

Annual meeting, third Monday in March. Interest payable at the Barberton Savings
Bank, Barberton, O. Trustee of bonds, Charles Baird.

Directors.— O. C. Barber, J. K. Robinson, Chicago, 111.; Wm. McFarlin, Charles Baird,
Akron, 0. ; H. A. Robinson, Barberton, 0.

O. C. BARBER, President Chicago, 111.

J. K. Robinson, Vice- President " "

Treasurer— Charles Baird Akron, O. | Secretary— Wm. McFarlin Akron, O.

PRINCIPAL OFFICE AND ADDRESS Barberton, O.

BEAVER AND ELLWOOD RAILROAD COMPANY.

Line of Road. — Ellwood Junction, Pa., to Ellwood City 3 miles.

Sidings, 0.75 mile. Gauge 4 ft. 8£ in. Rail (steel, 3 miles), — Ibs.

History.— Organized May 20, 1890 ; road built in 1890.

Rolling- Stock, June 30, 1891. — Locomotive engine, 1. Cars — passenger, 1 ; freight, 3 —
total cars, 4.

Operations for year ending June 30, 1891. — Train mileage not* reported. Passengers
carried, 2,679. Tons freight moved, 4,938. Earnings— passenger, $300.69 ; freight, $1,-
078.90— total, $1,379.59. Operating expenses, $1,643.93. Deficit from operations, $1,514.34.

Financial Statement, June 30, 1891.— Capital stock, $50,000 ; funded debt (1st mortgage
5 per cent. 20-year bonds), $50,000 ; current accounts, $2,935.73 ; accrued interest on bonds,
$625; profit and loss, $1,039.40— total, $104,600.13. Contra: Cost of road, $96,899.74;
equipment, $5,838 ; cash and assets, $1,862.39— total, $104,600.13.

Directors. — W. L. Standish, Geo. I. Whitney, F. L. Stephenson, Jno. G. MacConnell,
Pittsburgh, Pa. ; T. D. Gause, Beaver Falls, Pa.

HENRY W. HARTMAN, President Ellwood City, Pa.

Secretary— Jno. G. MacConnell Pittsburgh, Pa. | General Manager— Merritt Green — Ellwood City, Pa.

PRINCIPAL OFFICE AND ADDRESS Pittsburgh, Pa.

BRECKENRIDGE COMPANY RAILROAD,

Line 01 Road. — Cloverport, Ky., to Kennedy, Ky 10 miles.

Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

POOR'S MANUAL OF RAILROADS. 1031

History. — Owned and operated by the Breckenridge Co., Limited, London, Eng. Con-
nects with the Louisville, St. Louis and Texas RR. at Cloverport.

Rolling Stock.— Locomotive engine, 1. Cars— passenger, 1 ; flat, 7 ; coal, 30— total
cars, 38.

Financial Statement, etc.— Not reported.

D. STEWART MILLER, President Louisville, Ky.

Gen . Manager— K. D. Lafferty Louisville, Ky. | Secretary— E. H. Irwin Louisville, Ky.

PRINCIPAL OFFICE AND ADDRESS Louisville, Ky.

CAIRO AND KANAWHA VALLEY RAILROAD COMPANY.

Projected Line of Road.— Cairo, \Y. Va., to Grantsville, W. Va 40 miles.

Completed : Cairo to Mellon Trestle 12 miles.

Gauge, 3 ft. Rail (steel), 20 and 25 Ibs.

History.— Chartered February 15, 1890, and purchased the rights and franchises of the
Ritchie Mineral RR. Co ; road completed as above. Connects at Cairo with the B. & 0. RR.
Built chiefly in connection with the manufacture of lumber.

Holliiiir Stock. — Locomotive engines, 2. Cars — combination, 1; freight, 8 — total cars, 9.

Financial Statement.— Capital stock— authorized, $75,000 ; subscribed, $44,200 : paid
in, $25,000. Funded debt, 1st mortgage 7 per cent, bonds, dated April 1, 1890, due 1900 and
1905, interest payable April and October ; authorized, $75,000 ; issued, $2,900. Contra : Cost
of road and equipment, $51,000.

Annual meeting, first Monday in January. Interest payable in New York City. Trus-
tee of bonds, Wm. H. Wolf, Parkersburg, W. Va. Financial agents in New York, Import-
ers' and Traders' Bank.

Directors.— H. S. Wilson, W. H. Miller, Harry S. Wilson, Robert Wilson, Parkersburg,
W. Va.; Archy Rutherford, Cairo, W. Va.

H. S. WILSON, President Parkersburg, W. Va.

Archy Rutherford, Vice-President Cairo, W. Va.

Sec. and Treas.—R. Wilson Parkersburg, W. Va. 1 Superintendent— Harry S. Wilson . Cairo, W. Va.

PBINCTPAL OFFICE AND ADDRESS Parkersburg, W. Va.

CARRABELLE, TALLAHASSEE AND GEORGIA RAILROAD COMPANY.

Line of Projected Road.— Carrabelle, Fla., to Thomasville, Ga ICO miles.

Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs.

History.— Organized under the laws of the State of Florida, as successor to the Augusta,
Tallahassee and Gulf RR. Co., which built in 1890 from Carrabelle to the Ocklockones River.
The present company has extended the road to Sopchoppy, 20 miles from Carrabelle, and
expects to have it completed to Tallahassee, 50 miles, by October, 1892. The company owns
extensive terminal facilities at Carrabelle, and is building saw-mills at the terminus. Under
its land grant the company has earned 300,000 acres of land, nearly one-half of which has
been received. The present equipment consists of one locomotive, several passenger and
freight cars, and a logging train. The road will be operated by the Georgia and Florida
Investment Co., which owns 170,000 acres of timber land along the line of the road.

Financial Statement, June 1, 1892.— Capital stock authorized, $1,000,000 ; par, $100 ;
first mortgage bonds authorized, $1.000,000 ; outstanding, $175,000.

Directors.— William Clark, Robert Cumming, New York, N. Y.; Frederick T. Myers,
Tallahassee, Fla. ; R. B. Symington, Charles M. Zeh, Newark, N. J.

WILLIAM CLARK, President New York, N. Y.

Fred. T. Myers, Vice-President Tallahassee, Fla.

Sec. & Treas.— Robert Cumming New York, N. Y. | Gen. Manager— A. Orr Symington Carrabelle. Fla.

Gen. UotatMls—W. A. Simmong New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS 29 Broadway, New York, X. Y.

1032 POOR'S MANUAL OF RAILROADS .

CHAMBERSBTIRG AND GETTYSBURG RAILROAD COMPANY.

Line of Road. — Conococheague Junction, Pa., to Wolf Hill 10.5 miles.

Sidings, 1.5 mile. Gauge, 4 ft. 82 in. Rail (steel), 50 Ibs.

History. — Chartered September 29, 1890, and road built same year.

Rolling Stock, June 30, 1891. — Locomotive engine, 1. Cars, 4.

Operations. — Not reported ; road but recently opened.

Financial Statement, June 30, 1891.— Capital stock, $200,000. Cost of road, $200,000.

Directors.— W. H. Male, C. D. Wood, Brooklyn, N. Y.; D. McMullen, Isaac Diller, S. B.
Diller, Lancaster, Pa. ; J. S. Armstrong, Graeffenburgh, Pa.

W. B. PARSONS, President New York, N. Y.

Secretary— Samuel B. Diller. Lancaster, Pa. | Treasurer— -S. P. Ranney Graeffenburg, Pa.

Superintendent — J. S. Armstrong Graeffenburgh, Pa.

PRINCIPAL OFFICE AND ADDRESS Graeffenburg, Pa.

CHESAPEAKE, OHIO AND SOUTHWESTERN RAILROAD COMPANY.

Line of Road. — Louisville, Ky., to Memphis, Tenn 392.48 miles.

Branch : Elizabethtown, Ky., to Cecilia Junction 6.00 miles.

Total length of lines, December 31, 1891 398.48 miles.

Sidings, 70.96 miles. Gauge, 4 ft. 9 in. Rail (steel), 50 and 56 Ibs.

History. — For history of organization, etc., see MANUAL for 1888, page 606. The line
owned by the company extends from Elizabethtown ma Paducah, Ky., to Memphis, Tenn.,
a distance of 351.12 miles. The line from Louisville to Cecilia, 45.48 miles, formerly owned
by this company, but sold to the Louisville and Nashville, January 19, 1877, is leased in per-
petuity from that company at a rental of $60,000 per annum, and the company has trackage
rights over 1.88 miles in Louisville, Ky.. A cut-off south of Paducah and an extension to
Cairo are projected.

On February 1, 1886, the road was leased for 50 years to the Newport News and Missis-
sippi Valley Co., lessee maintaining and operating the property, paying interest on bonds,
and dividends up to 6 per cent., non-cumulative, on stock. During the past year, this com-
pany acquired control of the Ohio Valley Ry. (see GENERAL INDEX), guaranteeing interest
on its bonds.

Rolling Stock, December 31, 1891. — Locomotive engines, 89. Cars — passenger, 27 ;
combination, 1 ; baggage, etc,, 16 ; official, 3 ; freight (box, 1,415 ; stock, 109 ; flat, 199 ; re-
frigerator, 25 ; coal, 1,152), 2,900 ; caboose, 3o ; other, 52— total cars, 3,034.

Operations for year ending December 31. 1891. — Train mileage— passenger, 763,432 ;
freight, 1,211,834; mixed, 240,957— total, 2,216.223 miles. Passengers carried, 594,611;
carried one mile, 22,514,841 ; average mile rate, 2.363 cents. Tons freight moved, 1,276,404;
moved one mile, 214,767,542 ; average ton-mile rate, 0.777 cent.

Earnings.— Passengers $532,005 11

Freight 1,667,734 86

Mail 47,521 44

Express 49,549 92

Miscellaneous 45,178 82

Total ($5,877.31 per mile) $2,341,990 15

Expenses.— Transportation ............ . . 524,120 44

Motive Power ................. 407,775 46

Maintenance of Cars .......... 225,388 26

Maintenance of Way .......... 3M.1W > 7ti

General Expenses ............. 44.. VI 74

Total ($3,922.29 per mile) ...... . . ... $1,562,846 66

Net earnings (33.27 per cent.), $779,143.49. Payments not reported.

Funded debt outstanding, December 31, 1891 :

Paducah & Elizabethtown RR. 1st mortgage 8 per cent. 30-year bonds, due Feb. 1907. int. Feb. & Aug. $300,000

Paducah & Elizabethtown RR. 1st mortgage 6 per cent. 30-year bonds, due Feb. 1907. int. Feb. & Aug. 200.000

Chesapeake, Ohio & Southwestern RR. 1st mortgage 30-year bonds, due Feb. 1911, int. Feb. & Aug — 6,176,000

Chesapeake, Ohio & Southwestern RR., 2d mtge. 6 p. c. 30-year bonds, due Feb. 1911, int. Feb. & Aug. 3,865,000

All bonds coupon and $1,000 each ; interest payable at 23 Broad Street, New York, N. Y.

POOR'S MANUAL — CHESAPEAKE, OHIO AND SOUTHWESTERN RR. CO. 1033

The C.. (.). & S. W. 1st mortgage bonds carried 5 per cent, interest until August, 1887;
thereafter 6 per cent., payable in gold. Trustee P. & E. mortgage, Wm. Mahl ; 1st mort-
gage, consol., J. A. Horsey and,E. H. Pardee ; 2d mortgage, consol., Joseph P. Lloyd and
James P. Harris. Registrar of stock, Metropolitan Trust Co. The trustee of P. & E. mort-
gage holds in bonds and cash, $115,124.10 as sinking fund.

General Balance Sheet, December 31, 1891.

Cost of Road, etc $-.20,009,781 92

Equipment

Real Estate, etc

Cash

P. and E. RR. Sinking Fund

Bonds and Stocks Owned

Unadjusted Open Accounts

Profit and Loss. . .

2,078,420 05

258,190 76

1,156 33

114,124 10

Common Stock (par, $100) $6,030,600 00

Preferred Stock (par, $100) 3,696,000 00

Funded Debt Outstanding 11,226,00000

Unadjusted Open Accounts .

3,310 49

Unpaid Coupons 504.850 00

370,750 00 ! Bills Payable 71,702 17

16.007 28 ! Equipment Trust Notes 296,806 05

209,213 60 | Due X. N. & M. V. Co 890,284 78

Due Other Parties 72,065 55

Interest Accrued due in 1892 266,025 00

Total Assets $23,057,644 04

Total Liabilities $23,057,644 04

Sinking Fund (P. & E. RR. bonds), December 31, 1891. — Annual payments to fund to
December 31, 1891, $70,000; interest on bonds redeemed, $45.740; miscellaneous receipts,
$356.02 ; 6 per cent, bond (No. 315) outstanding, $1,000— total receipts, $117,096.02. Pay-
ments: Bonds redeemed. $114,000 ; advertising calls, $793.92 ; trustees' services and expen-
ses, $855; rent of box, safety vault, $237 ; notary and other expenses, $86 — total payments,
£115,971.92. Balance, cash on hand, $1,124.10.

During 1884 the holders of the common stock agreed to cancel 5 per cent, of their hold-
ings (amounting to $317,400), in order to extinguish the deficit in the general account of 1883.

Comparative statement of operations for seven years :

1885

1886

1887

1888 1889

1890

1891

Miles of Road Operated
Pass. Carried— Through
Pass. Carried— Local

Total Pass. Carried
Passengers Carried One M. .

Tons Coal Moved
Tons Local Freight

M.

398.48
3.413
472,794

M.

398.48
18.545
472.034

if.

398.48
31,929
519,557

M.

398.48
36,145
491,037

M.

398.48
35,076
511,276

M.
398.48
41,327
534,245

M.
398.48

476.207
15,169,562

241.741
237.662
174,717

490,579
15.551.4S2

208.127
255.lH.Kj
231.539

551,486
18,449,459

264,376
310.657
313,517

527.182
19,632,066

336,209
315,613
302,243

546,352
30,213,516

310.249
397,967
298,012

575,572
20,003,103

314,391
401,354
411,190

594.611
22.514.841

Tons Through Freight

Total Tons Moved
Tons Moved One Mile

Gross Earnings

654,120
110,147,948

1,571455 94
1,068,625 06

695,572
124.207.641
$
1,718.32,-. 74
1,061,383 66

888,550
161,612,289

2,001,72326
1,194,856 66

954,065
176.824.724
$
2,005,167 73
1,284,45686

1,006,226
178.667,256
$
2.134,194 75
1.236,66923

1,126,935
190-542,052

2,161,685
1,383,005

1,276,404

214.767543

2.341,990
1.562.847

Operating Expenses

Net Earnings
Gross Earnings per Mile..
Operating Expenses per M
Net Earning* per Mile
Per cent, of Exp. to Earn.
Aver. Rate per Pass. p. Mile
Aver. Rate per Ton p. Mile.

502.53088
3.942 87
2.684 25
1,258 62
67.84 p. c.
2.471 c.
1.015C.

651,942 08
4.299 (35
2.f)H3 08
1,636 07
61. 95 p. c.
2.460 C.
1^000 c.

809.866 60
5;023 39
2.991 OU
2.032 39
59. 55 p. c.
2.440 c.
895 c.

740.709 37
5,033 02
3.173 20
1.859 82
63. 10 p. c.
2.275 c.
812 c.

897,525 52
5,a5584
3,103 46
2.252 38
57. 95 p. c.
2.416 c.
.841 c.

778,680
5.424 83
3,470 70
1,95413
63. 98 p. c.
2.467 c.
.800 c.

779.143
5,877 31
3.922 29
1,95502
66. 73 p. c.
2.363 c.
0.777 c.

Annual meeting, first Monday in April ; books close for annual meeting ten days pre-
viously. Listed on New York Stock Exchange, $6,176,000 1st mortgage and $2,895,000 2d
mortgage bonds.

Directors (elected April 4, 1892).— Charles Babbidge, Eckstein Norton, T. C. Platt, Isaac
E. Gates, G. Morton, Wm. Mahl, New Tork, N. Y. ; John Echols, Louisville, Ky. ; John J.
McHenry, Hartford, Ky. ; Holmes Cummins, Memphis, Tenn.

CHARLES BABBIDGE, President New York, N. Y.

John Echols Louisville, Ky. | Secretary and Treas.—l. E. Gates New York. X. Y.

PRINCIPAL OFFICE AND ADDRESS 23 Broad Street, New York, N. Y.

1034 POOR'S MANUAL OF RAILROADS,

CHICAGO AND OHIO RIVER RAILROAD COMPANY,

Line of Road.— Sidell, 111., to Olney (0. & Miss. RR.), Ill .86 miles.

Sidings, 5.24 miles. Gauge, 4 ft. 8£ in. Rail (steel, 6 miles), 42 Ibs.

History. — For history of this company see page 685.

Rolling- Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 2 ; freight
(box), 6— total cars, 8.

Operations for year ending June 30, 1891. — Train mileage not reported. Passengers
carried, 24,854 ; carried one mile, 425,360 ; average mile rate, 2,986 cents. Tons freight
moved, 62,940 ; moved one mile, 2,165,490 ; average ton-mile rate, 2.634 cents. Earnings —
passenger, $12,700 ; freight, $57,039 ; mail, $3,689; express, $525 ; other, $57— total, $74,012.
Operating expenses, $61,068. Net earnings, $12,943. Payments : Interest on bonds, $3,120;
taxes, $5,615 ; other, $1,107— total, $9,843. Balance, surplus, $3,100.

Financial Statement. — For General Balance Sheet, etc., see page 686.

Directors. — Josephus Collett, Ben J. Hudnutt, Terre Haute, Ind.; E. O. Hopkins, Perry
Houston, F. W. Cook, Evansville, Ind. ; A. N. Parliu, Boston, Mass. ; Austin Corbin, New
York, N. Y. ; R. B. Starbuck, Mattoon, 111. ; Bluford Wilson, F. J. Litler, Springfield, 111. ;
E. S. Wilson, Olney. 111.; N. H. Fairbanks, Chicago, III.; J. L. Haman, Brooklyn, N. Y.

JOSEPHUS COLLETT, President Terre Haute, Ind.

Treas. & Sec.—W. J. Lewis Evansville, Ind. | General Manager— E. O. Hopkins Evansville, Ind.

PRINCIPAL OFFICE AND ADDRESS . .Evansville, Ind.

CINCINNATI, WABASH AND MICHIGAN RAILWAY COMPANY.

Line of Road. — Benton Harbor, Mich., to Anderson, Ind 164.4

Rushmlle Extension : Anderson, Ind., to Rushville, Ind 39.2 — 203.6 miles.

Sidings and other tracks, 42 miles. Gauge, 4 ft. 8i in. Rail (steel, 203.6 m.), 52 and 60 Ibs.

History. — Consolidation June 18, 1871, of the Warsaw, Goshen and White Pigeon and
the Grand Rapids, Wabash and Cincinnati RR. Cos. Road opened between Anderson, Ind.,
and Goshen, Ind., 110.70 miles, May 21, 1876. Placed in the hands of mortgage trustees
January 1, 1878 ; sold November 5, 1879, and reorganized April 14, 1880. Road extended to
Bentou Harbor, and opened to that point November 13, 1882. (For plan of reorganization
see MANUAL for 1888, page 414.) The Rnshville extension was completed during 1890. On
November 1, 1890, the entire capital stock of this company was purchased by the Cleveland,
Cincinnati, Chicago and St. Louis Ry. Co., paying for it by an issue of $4,000,000 4 per cent,
bonds. (See statement of C., C., C. & St. L. Ry. Co. on page 171.)

Rolling* Stock, June 30, 1891. — Locomotive engines, 27. Cars — passenger, 21 ; baggage,
mail, and express, 8 ; freight (box, 587 ; platform, 273 ; stock, 18 ; coal, 31 ; caboose, 17), 926;
service cars, 3 — total cars, 958.

Operations for year ending June 30, 1891. — Train mileage — passenger, 328,630 ; freight,
247,048— total, 575,678 miles. Passengers carried, 367,291; carried one mile, 8,948,287;
average mile rate, 2.54 cents. Tons freight moved, 462,293 ; moved one mile, 28,928,702 ;
average ton-mile rate, 1.29 cents.

Earnings.— Passenger $227,611 68

Freight 373,011 03

Mail 12,751 70

Express 11,422 54

Miscellaneous 11,988 66

Total ($3,122.22 per mile) $636,785 61

Expenses.— Transportation $187,046 06

Motive Power and Cars 58,054 38

Maintenance Way & Buildings. 94,310 60
General 52,897 54

Total ($1,926.82 per mile) $392,308 58

Net earnings (38.19 per cent.), $244,477.03. Payments : Interest on debt, $25,706.78 ;
taxes, $15,383.83— total, $41,090.61. Balance, surplus, $203,386.42. Deduct old accounts
written off, $6,010.52— net surplus, $197,375.90. Surplus forward, $564,405.78 — total surplus,
$761,781.68.

POOR S MANUAL OF RAILROADS.

1035

Statement of operations for seven years :

YEARS ENDING DECEMBER 31.

Gross
Earnings.

Expenses
and
Taxes.

Net
Earnings.

Tons
Freight
Moved.

Number
Passengers
Carried.

$334.774

$308 700

176 ^4"

251 152

.. .

327,109

26s <ifN

58 111

180 125

251 *<>6

321.790

263 1&5

5> »>">

!'"» tt

is^r,

389.139

!<s 4' '4

261 67'."

1<>4 'isO

307 279

1888

439 643

]is q-,4

336 831

335 914

1889

377 614

15»5 44X

374 9'*7

1890

808,170

400,656

432,'.K>2

.354 912

1891 June 30 ...

686,786

407,608

22i'» i m3

462293

General Balance Sheet, June 30, 1891.

Cost of Equipment
Rf al Estate

657.057 43 Bills Payable

1 334 230 05

15,000 00 i Current Account*

JH 313 t'6

Materials and Fuel on Hand
Bills Receivable and Accounts
Ca*h on Hand

64.752 58 j Profit and Loss

761 781 68

89.733 72 j
49,395 42

Total Assets $4,238,384 15 i Total Liabilities $4,2:33.384 15

There were authorized in 1882, $1,000,000 5 per cent. 30 year bonds, which were not
sold, but are held as collateral on bills payable. These bonds were retired in 1891, and a
new mortgage for $4,000,000 was issued jointly or this company and the C.. C., C. & St. L.
Ry. Co., which in November, 1891, purchased the entire capital stock.

Annual meeting, second Wednesday in April. Registrar of stock, E. F. Osborn, Cin-
cinnati, O.

Directors (elected April 10, 1891).— M. E. Ingalls, W. P. Anderson, J. Ramsey, Jr., E.
F. Osborn, W. M. Greene, J. C. Davie, X. R. Johnson, Cincinnati, O. ; John Newell, Cleve-
land, 0.; D. J. Mackey, Evausville, Ind. ; Geo. Bliss, J. D. Layng, New York, X. Y.

M. E. INGALLS, President Cincinnati, O.

J. D. Layng, Vice- President New York. N. Y.

Treasurer— George S. Russell Cleveland, O. | Secretary— E. F. Osborn Cincinnati. O.

PRINCIPAL OFFICE AND ADDRESS Cincinnati, 0.

Transfer Office New York, X. Y.

CLARION RIVER RAILWAY COMPANY.

Line of Road. — Carman Station to Hallton, Elk Co., Pa 12 miles.

Gauge, 4 ft. 84- in.

History. — Chartered December 17, 1889, and road opened throughout toward the close
of 1891.

Rollins: Stock, June 30, 1891. — Locomotive engine. 1; passenger car, 1 ; freight cars, 10.

Financial Statement, June 30, 1891.— Capital stock, $50.400; passenger receipts, $378. 46;
freight receipts, $1,515.40— total, $5'2. 293.86. Contra : Cost of road, $46,572.90 ; equip-
ment, $4,205.25 ; cash and current assets, $188.80 ; general expenses, $1,326.91— total,
$52,293.86.

Directors.— W. H. Hyde, J. K. Gardner, \V. H. Osterhout, J. K. P. Hall, Ridgway, Pa.;
Andrew Kaul, H. A. Hall, St. Mary's, Pa. ; Wilson Kistler, Lock Haven, Ha.

W. H. HYDE, President Ridgway, Pa.

J. K. Gardner, Vice-President " "

Secretary and Treai.—5. K. P. Hall Ridgway, Pa.— Gen. Manager— R. A. Hall St. Mary's Pa.

Superintendent— E. E. \Ve"l!endorf Ridgway, Pa.

PRINCIPAL OFFICE AND ADDRESS Ridgway, Pa.

1036 POOR'S MANUAL OF RAILROADS.

DELAWARE RIVER AND LANCASTER RAILROAD COMPANY.

Line of Road. — French Creek Junction to St. Peters, Pa 12.1 miles.

Gauge, 4 ft. 8| in.

History. — This road was opened during 1890-91. The company has a traffic contract
with the Philadelphia and Reading RR. Co., upon blocks of 25 miles.

Operations for year ending June 30, 1891. — Trains run, 11,630 miles. Passengers car-
ried, 5,947 ; carried one mile, 481,707 ; average mile rate, 3.01 cents. Tons freight moved,
8,238; moved one mile, 914,418; average ton-mile rate, 2.67 cents. Earnings — passenger,
$1,474.10 ; freight, $2,442.55 — total, $3,916.65. Expenses — roadway and structures, $1,-
715.59 ; maintenance of equipment, $481.51 ; transportation, $4,359.92 ; general, $312.21 —
total, $6,869.23. Deficit, $2,952.58. Interest and other charges, $18,600. Total deficit,
$21,552.58.

Financial Statement, June 30, 1891.— Capital stock, $239,550 ; funded debt, $310,000 ;
current liabilities, $37,918.18— total, $587,468.18. Contra: Cost of road, $546,550; equip-
ment (one locomotive), $3,006 ; cash and current assets, $3,756.61 ; sundries, $302.99 ; profit
and loss, $33,852.58— total, $587,468.18.

Directors. — Austin Gallagher, W. F. Herbert, Jr., E. S. Larchar, Willard Hodgson,
New York, N. Y. ; John H. Baumgardner, R. M. Bolenius, John D. Sidles, Lancaster, Pa. ;
J. K. Lineaweaver, Columbia, Pa. ; Thomas Brings, Doylestown, Pa. ; Henry W. Watson,
John O. Keim, Philadelphia, Pa. ; George Crane, Mountville, Pa.

AUSTIN GALLAGHER, Vice- President 40 Wall Street, New York, N. Y.

Sec. and Chief Eng.— Icaac W. Guilclin. . .Beading. Pa. Auditor— H. S. Beitenman Pughtown, Pa.

Treasurer — George A. Searles Xe\v York, X. Y. Gen. Manaya* -George Polls

PRINCIPAL OFFICE AND ADDRESS Pughtown, Pa.

EASTERN OHIO RAILROAD COMPANY.

Line of Road. — Cumberland, O., to Morgan Junction, O 20 miles.

Sidings, etc., 3 miles. Gauge, 4 ft. 8£ in. Rail, 56 Ibs.

History. — Organized in May, 1891, as successor to tl^e Cincninati, Wheeling and New
York RR. Co. whose property was sold under foreclosure in the same month. For history,
etc., of the latter company, see page 165.

Rolling Stock, May 1, 1892. — Locomotive engines, 2. Cars — passenger, 3 ; freight, 1 ;
service, 1 — total cars, 5.

Operations, etc.— Not reported.

Financial Statement.— Capital stock (par, $100), $300,000.

Annual meeting, Tuesday preceding third Wednesday in April. Registrar of stock, F.
L. Rosemond, Cambridge, O.

Directors.— C. J. Ryan, J. B. McDonald, F. L. Rosemond, E. K. Mussey, J. E. McClel-
land, W. H. Stevens.

JOHN B. MCDONALD, President Baltimore, Md.

Gen. Supt. & Treas.—W. H. Stevens... Cumberland, O. | Secretary— F. L. Bosemond - Cambridge, O.

PRINCIPAL OFFICE AND ADDRESS Cumberland, 0.

EAST SHORE TERMINAL COMPANY'S RAILROAD.

Line of Road.— In Charleston, S. C 2.9 miles.

2d track, 2.9 ; sidings, 3 miles. Gauge, 4 ft. 8£ in. Rail (steel), 60 Ibs.

History. — This company owns 14 wharves, 30 warehouses, about 30 acres of land, 4
cotton compressors, etc., on the water front of the city of Charleston, and connects the same
with the railroads entering the city, with about 3 miles of double track.

The business of the company is in the transportation of freight between the railroads

POOR'S MANUAL OF RAILROADS. 1037

and piers, a general wharfage business, and the compressing and storing of cotton. Road
built in 1890 and 1891.

Operations. — Xet earnings for six months ending March 31, 1891, $50,641.

Financial Statement. -Capital stock, $1,000,000 ; funded debt (1st mortgage 5 per cent.
gold bonds, dated 1890, due August 1, 1915, interest payable February and August, in New
York City), $1,000,000— total stock aud bonds, $2,000,000.

Directors. — Samuel D. Davis, William H. Male, C. C. Cuyler, C. B. Van Xostrand,
D. H. Houghtaling, New York, X, Y.; H. A. M. Smith, W. E. Huger, Charleston, S. C.

SAMUEL D. DAVIS, President 44 Wall St., New York, X. Y.

Vice-President— W. E. Huger Charleston, S. C. | Sec. & Treas.— John L. Nisbet 35 Pine St.. N. Y.

PRINCIPAL OFFICE AND ADDBESS Charleston, S. C.

EGYPT RAILWAY COMPANY.

Line of Road.— Colon, X. C., to Egypt, X. C 8 miles.

Sidings. 2 miles. Gauge, 4 ft. 9 in. Rail (steel), 56 Ibs.

History. — Chartered in 1891 and road opened in October, 1891. Connects at Egypt with
the Cape Fear and Yadkin Vy. RR., and at Colon with the Seaboard Air Line, with which it
has a traffic contract.

Operations.— Gross earnings for six months ending March 31, 1892, $2,958.96. Ex-
penses. $2,243.63. Net earnings, $715.33.

Financial Statement.— Capital stock. $125,000.

SAMUEL A. HENSZEY. President and Manager , Egypt, X. C.

H •>•-/•/ -'fictent—F. C. Hatch '.Egypt, X. C. , Secretary— K. E. Waite Egypt, N. C.

PRINCIPAL OFFICE AND ADDRESS Egypt. X'. C.

ELKHART AND WESTERN RAILROAD COMPANY.

Line of Road Projected. -Elkhart, Ind., to South Bend, Ind 16 miles.

Completed : Elkhart to Riverside, Ind , 1 mile.

Gauge. 4 ft. 84- in. Rail (steel), 65 Ibs.

History.— Chartered June 1, 1888 ; road built as above in 1889.

Financial Statement. — Capital stock authorized (par, $100), $300.000. Cost of road, etc.
(about }, $25,000.

Directors.— H. E. Bucklen, J. R. Beardsley, E. C. Bickel, J. L. Brodrick, W. J. Davis,
S. Mason, C. H. Winchester, H. C. Dodge, J. P. Primley.

H. E. BUCKLEN, President 275 Michigan Avenue, Chicago, 111.

— J. R. Beardsley Elkhart, Ind. | Sfc. ami Mamif/tr—E. C. Bickel Elkhart. Ind.

PRINCIPAL OFFICE AND ADDRESS Elkhart, Ind.

FALLS CREEK RAILROAD COMPANY.

Line of Road. — Falls Creek to London Mine. Pa 3 miles.

Gauge, 4 ft. 8i in. Steel rail, 2 miles.

History.— Organized July 11, 1889.

Rollins' Stock, June 30, 1891. — Locomotive engine. 1.

Operations for year ending June 30, 1891. — Tons freight moved, 127,943 ; moved one
mile, 190,964 ; average ton-mile rate, 2.66 cents. Earnings (freight), $5,096.71. Expenses —
maintenance of way, $2,803.89 ; rolling stock, $1,936.32 ; transportation, $2,588.76 ; general,
$218.80— total, $7,547.77. Deficit, $2,451.06.

Financial Statement, June 30, 1891.— Capital stock, $30,000 ; current liabilities, $4,-
738.54— total, $34,738.54. Contra: Cost of road. $27,196.89; equipment. $2,299.74 /cash
and current assets, si, 373.63 ; profit and loss, $3,868.28— total, $34,738.54.

1038 POOR'S MANUAL OF RAILROADS.

Directors.— H. K. Wick, Argentine, Pa.; R. H. Williams, Oak Ridge, Pa.; Frank Mor-
rison, Sharon, Pa. ; C. Z. Gordon, Brookville, Pa.

H. K. WICK, President Argentine, Pa.

R. H. Williams, Vice-President Oak Ridge, Pa.

Secretary— Frank Morrison Falls Creek, Pa. I Auditor— George D. Adams Buffalo. N. Y.

Treasurer— W. D. Ward Buffalo, N. Y. | Gen. 9npt.— Frank Morrison Falls Creek, Pa.

PRINCIPAL OFFICE AND ADDRESS Falls Creek, Pa.

GRASSY ISLAND RAILROAD COMPANY,

Line of Road. — Jessup to Winton, Pa 1 mile.

Gauge, 4 ft. 8£ in.

History. — Chartered October 19, 1887. Road not yet completed owing to a contest over
a grade crossing. It is intended to be used for transporting coal from the breaker of the
Grassy Island Coal Co. to the Winton branch of the Delaware, Lackawanna and West. Ry.

Financial Statement, June 30, 1891.— Capital stock, $10,000. Contra: Cost of road,
$9,703.70 ; cash and current assets, $296.30— total, $10,000.

Directors, — Andrew Langdon, Charles M. Stearns, George T. M. Tilden, Buffalo, N.
Y. ; B. F. Dewey, Pittston, Pa. ; Arthur R. White, S. W. White, What Cheer, la. ;
William McCullough, Plainsville, Pa.

ANDREW LANGDON, President Buffalo, N. Y.

Secretary— Charles M. Stearns Buffalo, N. Y. | Treasurer— Geo. T. M. Tilden Buffalo, N. Y.

PRINCIPAL OFFICE AND ADDRESS Peckville, Pa.

GREAT SALT LAKE AND HOT SPRINGS RAILWAY COMPANY,

Line of Road. — Salt Lake City, Utah, to Bountiful, Utah 9.54 miles.

Sidings, 2.5 miles. Gauge, 4 ft. 8£ in. Rail (steel), 30 and 40 Ibs.

History. — Chartered November 22, 1890 ; road completed as above in 1891, and opened
January 16, 1892. Construction in progress to Farmington, 6 miles from Bountiful, and
branch line 2 miles from Stockdale to Simkins. Surveys completed to the Wyoming State
Line, via Ogden, a distance of 130 miles from Salt Lake City.

Rolling Stock. — Locomotive engines, 3. Cars — passenger, 6 ; freight, 20 — total cars, 26.

Operations. — Not reported ; road but recently opened.

Financial Statement.— Capital stock (par, $100) authorized, $200,000; outstanding,
$70,000 ; in treasury, $130,000.

Annual meeting, third Monday in November.

Directors. — Simon Bamberger, John Beck, Josiah Barnett, H. M. McCartney, James F.
Woodman, David Stoker, Hudson Smith, Salt Lake City, Utah.

SIMON BAMBERGER, President Salt Lake City, Utah.

John Beck, 1st Vice-President Salt Lake City, Utah.

Manager— H. M. McCartney ;Salt Lake City, Utah. | Secretary— Charles E. Pearson Salt Lake City, Utah.

PRINCIPAL OFFICE AND ADDRESS Salt Lake City, Utah.

GULF AND CHICAGO RAILROAD COMPANY.

Line of Road.— Middleton, Tenn., to Pontotoc, Miss 62.5 mile?.

Sidings, 1.25 miles. Gauge, 3 ft. Rail (steel, 26 miles), 35 Ibs.

History. — Organized August 1, 1889, and acquired by purchase at foreclosure sale the
line of the Ship Island, Ripley and Kentucky RR. Co., extending from Middleton, Tenn., to
Ripley, Miss., a distance of 25 miles, and the Northern division of the Gulf and Ship Island

POOR'S MANUAL OF RAILROADS. 1039

RR., extending from Ripley to Pontotoc. Miss., 37 miles. For history of the former Com-
pany see MANUAL for 1891, page 519, and for statement of the latter see below.

Rolling Stock, June 30, 1891.— Locomotive engines, 4. Cars— passenger, 5 ; freight, 35
— total cars, 40.

Operations for year ending June 30, 1891. — Train mileage not reported. Passengers
carried, 32,000 ; carried one mile, 308,889. Tons freight moved, 8,180 ; moved one mile,
122.700. Gross earnings, $42,904.55. Operating expenses, $37,537.75. Net earnings,
$5,366.80. Paid taxes. *2, 866.80. Net income, $2,500, which was paid in dividends, being
at the rate of f of 1 per cent.

Financial Statement, June 30, 1891.— Capital stock (par, $100), authorized and issued,
S400.000. No bonds. Contra : Cost of road and equipment (estimated), $250,000.

Directors.— John W. T. Falkner, Oxford, Miss. ; N. G. Carter, L. D. Hines, Will
Hines, C. L. Harris, Ripley, Miss. ; E. F. Campbell, Memphis, Conn.

John W. T. Falkner, Vice-President Oxford, Miss.

&c. <f- G<}>. Man.—C. L. Harris Ripley. Miss. Treawrtr—E. F. Campbell Memphis. Tenn.

PRINCIPAL OFFICE AND ADDRESS Ripley, Miss.

GULF AND SHIP ISLAND RAILROAD COMPANY.

Line of Road Projected.— Jackson, Tenn., to Gulfport, Miss 380 miles.

Completed and in Operation : Gulfport, Miss., north 20 miles.

Gauge, 4 ft. 8i in. Rail (steel), 56 Ibs.

History. — Incorporated by act of the Legislature of Mississippi, approved February 23,
1882, and by act of March 13, 1884, was subrogated to all the rights and privileges thereto-
fore granted by the State. The northern division of this company's line, which extended
from Ripley to Pontotoc, Miss., a distance of 37 miles, was sold under forclosure and pur-
chased by the Gulf and Chicago RR. Co. (see above), of whose line it now forms a portion.
In addition to the 20 miles completed and in operation, as above, the grading is finished
from Gulfport to Hattiesburg, a distance of 70 miles.

Rolling Stock, Operations. — No information obtainable in reference to the operations of
this road, the company merely reporting ;'road pays expenses."

Financial Statement.— Capital stock (authorized, $20,000 per mile) issued. $400,000 ;
funded debt — 1st mortgage 40-year 6 per cent, gold coupon bonds, due 1927 (authorized,
$12,000 per mile) issued, $240.000 ; and 2d mortgage 40-year gold coupon bonds, due 1927,
$8,000 per mile. This is a second mortgage on the railroad, but a first mortgage on the land
grant amounting to about 150,000 acres. Interest on both issues, six per cent., payable
semi-annually January and July, at New York Agency. Trustee, Manhattan Trust Co.
The second mortgage bonds are secured by a mortgage on all lands granted, acquired, and to
be acquired.

Directors.— Wirt Adams, W. H. Hardy, W. L. Nugent, J. S. Hamilton, R. W. Baldwin,
T. A. McWillie, J. H. Moor.ey, G. W. Wickersham.

W. H. HARDY, President .Meridian, Miss.

W. W. Hungerford, Chief Eng. & General Supt Gulfport, Miss.

PRINCIPAL OFFICE AND ADDRESS Gulfport, Miss.

INDIANA, ILLINOIS AND IOWA RAILROAD COMPANY.

Line of Road. — Knox, Ind., to Streator Junction, 111 118.19 miles.

( Wabash RR. : Streator Junction to Streator, 111 1 70 miles

Trackage : -j C. & W. M. RR. : La Crosse, Ind., to New Buffalo, Mich 37.80 miles.

( C. & E. I. Ry. : Wheatfield to La Crosse, Ind 13.10 miles.

Total length of lines operated 170.79 mile .

Sidings, 16.55 m. Gauge, 4 ft. 8| in. Rail (steel, 118.19 miles), 60 Ibs.

1040

POOK'S MANUAL OF RAILROADS.

History. — Organized December 27, 1881, by consolidation of the Indiana, Illinois and
Iowa RE. Co. of the State of Indiana, the Indiana, Illinois and Iowa RR. Co. of the State of
Illinois, and the Indiana, Illinois and Iowa RR. of Iowa.

Rolling1 Stock, December 31. 1891. — Locomotive engines, 22. Cars — passenger, 4 ; freight
(box, 3 ; platform, 26 ; coal, 144), 173 ; caboose, 13 ; other, 4— total cars, 194.

Operations for the year ending December 31, 1891.— Train mileage— freight, 267,698 ;
mixed, 76,690 ; other, 98,701— total, 443,089 miles. Passengers carried, 31,631 ; carried one
mile, 596,565 ; average mile rate, 2.39 cents. Tons freight moved, 777,076 ; moved one mile,
53,486,344 ; average ton-mile rate, 0.894 cent.

Earnings.— Passenger $14,29(5 33

Freight 478,450 80

Mail and Express 7,125 7'S

Miscellaneous . . . 192 72

Total ($2,927.9(3 per mile) $500,065 62

Net earnings (27.9 per cent.), $139,509.65.

Expeuses.— Transportation $174,006 39

Equipment 37,45'.) 42

Way and Structures 69,383 68

General... 19.70648

Total ($2,111.11 per mile) $360,555 97

General Balance Sheet, December 31, 1891.

Cost of Road $4,803,502 06

Cost of Equipment 313,63222

Capital Stock $3,597,80000

Funded Debt 1,417,424 04

Materials and Supplies 20,296 51 Current Accounts 22,583 36

Bills Receivable 16,1537 75 Traffic Balances 83,581 74

Current Accounts 16,070 22 Unpaid Wages 17.64S 77

Cash 98,605 28 Accounts Payable 42,717 23

Due from Agents 67,280 01 Interest & Taxes Accrued, not yet payable . 13,858 65

I.', I. & I. Bonds in Treasury 42,500 00 Balance Income Account 38,500 02

Profit and Loss, General 144,410 24

Total Assets $5,378,524 05 Total Liabilities $5,378,524 05

funded debt ($1,417,424.04) consisted, December 31, 1891, of:

1st mortgage 4 per cent. 50-year bonds, due December 1, 1939, interest payable June and December $800,000 00

1st income mortgage 4 p. c. 50-year bonds, due December 1, 1«39, interest payable June and December. 250,000 00
2d income mortgage 4 p. c. 50-year bonds, due December 1, 1930, interest payable June and December. 250,000 00
Equipment notes of various dates ($42,500 owned by Company) ". 117,424 04

Annual meeting, third Wednesday in January, at Chicago, 111. Books close 20 days pre
viously. Interest payable by the Metropolitan Trust Company, New York.

Directors (elected January 21, 1892).— F. M, Drake, Centerville, la. ; Geo. H. Holt, John
W. Cochrane, H. M. Curtis, New York, N. Y. ; T. P. Shouts, Jno. A. Drake, Chicago, 111.;
C. H. Smith, Kankakee, 111.

F. M. DRAKE, President Centreville, la.

T. P. Shonts, Gen. Manager Chicago, 111.

Secretary and Treas.—Jno. A. Drake Chicago, 111. I Auditor— M. J. Hartnett Kankakee, 111.

PRINCIPAL OFFICE AND ADDRESS Chicago, 111.

Transfer Office 81 New St., New York, N. Y.

KANSAS CITY, NEVADA AND FORT SMITH RAILROAD COMPANY.

Line of Road. — Fairview, Mo., to Hume, Mo 57.45 miles.

m ( K. C., 0. & 8. Ey. : Grand View, Mo., to Belt Junction 11.62

Irackage :^g Q Suburban Belt Ey. : Belt Junction to Kansas City, Mo. 12. 00— 23.62 miles.

Total length of all lines operated December 31, 1891 81.07 miles.

Sidings, etc., 4 miles. Gauge, 4 ft. 8£ in. Rail (steel), 60 Ibs.

History. — Chartered November 6, 1889 ; road opened from Grandview to Amoret. 45.6
miles, on January 21, 1891 ; to present terminus on October 1, 1891. Owned and operated
by the Missouri Coal and Construction Co., which built the road, and owns and holds tl
stock in part payment for construction.

POOR'S MANUAL OF RAILROADS. 1011

Rolling1 Stock, December 31, 189L— Locomotive engines, 3. Cars— passenger, 4 ;
freight (box, So : stock. 10 ; coal, 150), 1*80— total cais, 184.

Operations.— Not reported.

Financial Statement.— Capital s-tock authorized and paid in (par, $100), $3,500,000. Xo
bonds y«-t issued.

Annual meeting in January, at Kansas City, M<>.

Directors (elected January 29, 1892).— Edward L. Martin, Arthur E. Stilwell, W. S.
Woods, C. J. White, \Vm. S. Taylor, J. McD. Trimble, Richard Gentry. Kansas City, Mo.;
Jno. Lowber Welsh, Edward T. Stotesbury, Wm. Waterall, Philadelphia, Pa.; E. P. Mer-
lin, New York, X. Y.

E. L. MARTIN, President Kansas City, Mo.

A. E. Stilwell, Vice-Preside nt Kansas City. Mo.

Treasurer— C. J. White Kansas City, Mo. | Secretary— Wm. S. Taylor Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS Kansas Citv, Mo.

KINZUA CHEEK AND KANE RAILROAD COMPANY.

Line of Road. — Kane to Negleyville, Pa 12.5 miles.

Gauge, 4 ft. 9 in. Rail, all steel.

History. — Chartered June 16, 1888. The gauge was originally 3 feet, but was widened
to 4 ft. 9 in. in 1890.

Rolling: Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 1 ; freight. 47.

Operations for year ending June 30, 1891. — Trains (mixed) run, 19,044 miles. Pas-
sengers carried, 3,232 ; carried one mile, 7,358. Tons freight moved, 52,271. Earnings-
passenger, $390.70 ; freight, $19,181.75 ; other, $3,481.99— total, $23,054.44. Expenses-
way and structures, $3,433.99: equipment, $3,997.93; transportation, $9,366.15 ; general.
$1,917.80— total, $18,715.87. Xet earnings, $4,338.57.

Financial Statement, June 30, 1891.— Capital stock, $65,600 ; funded debt, 2d mortgage
bonds, $5,000 ; current liabilities, $23.53— total, $70,623.53. Contra: Cost of road, $46,401.-
24 ; rolling stock. $19,188.15 ; profit and loss, $5,034.14— total, $70.623.53.

Directors.— G. W. Campbell, J. W. Campbell, E. W. Campbell, C. D. Campbell. M.
Springer, C. A. Buchanan, Richard W. Smith. Kane, Pa.

G. W. CAMPBELL. President Kane. Pa.

Auditor— C. A. Buchanan Kane. Pa. i Gen. Manager— 3. W. Campbell Kane. Pa.

PRINCIPAL OFFICE AND ADDRESS ..Kane, Pa.

KNOXVILLE AND NEW RIVER RAILROAD COMPANY.

Line of Road. — Bobbins, Tenn., to Leake'e Mills, Tenn 13 miles.

Gauge, 3 ft. Rail (steel, 12 miles), — Ibs.

History. — Chartered 1884 ; road completed but not in operation.

Rolling Stock. — Locomotive engine, 1. Cars— freight, 10 ; other, 2 — total cars, 12.

Financial Statement.— Capital stock (par, $100) authorized and subscribed, $105,000;
funded debt, $60,000 ; other liabilities (about) $30,000. Contra : Cost of road, etc. (about)
$90,000.

Interest on bonds payable at the office of the treasurer. Trustee of bonds, C. Siedler.

Directors. — Not reported.

CHARLES SIEDLER, President New York, X. Y.

Sec, and Treat.— $. G. Coriell... New Brunswick. N. J. j ^'^rin^ndent—A.. S. Coriell, Jr Robbins, Tenn.

PRINCIPAL OFFICE AND ADDRESS Robbins, Tenn.

66

1042

POORS MANUAL OF BAILROADS.

LITTLE ROCK AND MEMPHIS RAILROAD COMPANY.

Line of Road.— Little Rock, Ark., to Memphis, Tenn 135 miles.

Sidings, etc., 14 miles. Gauge, 4 ft. 8f in. Rail, 56, 60, and 72 Ibs.

History. — Successor to the Memphis and Little Rock RR. Co. The trustees of the gen-
eral mortgage of the M. & L. R. RR. took possession in August, 1884, sold the road and organ-
ized the present company September 1, 1887, issuing $3,250,000 1st mortgage bonds and a like
amount of stock with which to retire all the old b:mds and encumbrances of the company.

Rolling1 Stock, December 31, 1891.— Locomotive engines, 16. Cars — passenger, 13;
baggage, mail, etc., 7 ; freight (box, 123 ; stock, 17 ; flat, 130 ; coal, 40), 310— total, 330.
Also, 7 caboose and 32 service cars. In addition to its rolling stock, the company owns 1
transfer steamer, 1 landing barge, 1 floating steam pile-driver, and 1 wharf boat with steam
elevator.

Operations for year ending December 31, 1891. — Train mileage— passenger, 202,641 ;
freight, 99,133— total, 301,834 miles. Passengers carried, 186 899. Tons freight moved,
190,712. Earnings— passenger, $273,311.58 ; freight, $401,219.43 ; mail, $15,238.41; express,
$16,937.42 ; other, $2,376— total, $709,082.84. Operating expenses— transportation and
motive power, $257,925.95; maintenance of equipment, $48,162.66; maintenance of way,
etc., $103,481.18 ; general, $94,459.97— total, $504,029.76. Net earnings, $205,053.08. Paid
interest on bonds, $159,500. Balance, surplus, $45,553.08, from which was expended for
betterments. $18,708.29— net surplus, $26,844.79.

Statement of earnings and expenses for nine years :

1883

1884

1885

1886

1887

1888

1889

1890*

1891

$

$

$

$

$

$

ft

$

-

Gross Earnings..
Gross Expenses .

877,406 68
633,281 80

721,890
531,057

712,150 772,939
]

834,814

f

676,179 610,154
459,929! 412,895

621,630
432,923

709.083
504,030

Net Earnings ....
Exp. to Earnings

244,124 88
71. 61 p. c.

190,833
73. 56 p. c.

\~ Not reported. ">

J I

216,250
68.01 p. c.

197,259
67. 67 p. c.

188,707
G9.65 p. c.

205.053
71.08 p. c.

* Overflow year.
General Balance Sheet, January 1, 1892.

Cost of Road, Equipment, etc

$6,440,138 92

Capital Stock (par, $100)

$3,250.000 00

Reorganization Account

9 381 70

Funded Debt Outetanding

3 2°2 400 00

Materials and Fuel on Hand

44,739 89

Current Accounts

73,716 85

Land Notes .

8,986 16

Reorganization — Suspense Account

13,369 20

Current Accounts ....

... . 64,759 10

Land Department

41 789 20

Cash on Hand

147,374 61

Profit and Loss

114 105 13

Total Assets . . .

...$6,715,380 38

Total Liabilities . .

...$6,715,380 38

Funded debt consists of 1st mortgage 5 per cent. 50-year $1,000 gold coupon bond.-,
dated September 1, 1887, interest payable March and September, at the office of the trustee,
Central Trust Co., New York, N. Y. Total authorized issue, $3,250,000.

Annual meeting, February 15, at Little Rock, Ark.

Land Department. — Under Acts of Congress of February 3, 1853, and July 28, 1866, this
road received land grants, of which there were on hand May, 1889, about 100,000 acres,
including about 28,000 acres then recently patented. These lands are covered by the gen-
eral mortgage.

Directors (elected February 15, 1892).— Rudolph Fink, R. W. Martin, G. B. Rose, N.
M. Rose, Little Rock, Ark.; J. W. Wynne, J. W. Beck, Forrest City, Ark.; R. K. Dow,
Claremont, N. H.; H. K. Sheldon, Jas. H. Smith, H. P. Talmadge, F. C. Lawrance, New
York, N. Y.

Executive Committee. — Henry K. Sheldon (Chairman) ; R. K. Dow, Henry P. Talmadge,
Francis C. Lawrance, and James H. Smith (Secretary}.

RUDOLPH FUNK, Pres., Gen. Mgr. & Purchasing Agt Little Rock, Ark.

Sec. and Treas. — John W. Goodwin. .Little Rock, Ark. | Gen. Supt. — A. Gordon Jones Memphis, Tenn.

PRINCIPAL OFFICE AND ADDRESS ' Little Rock, Ark.

POOR'S MANUAL OF RAILROADS. 1043

LOOKOUT INCLINE RAILWAY COMPANY.

Line of Road.— St. Elmo, Teun., to Natural Building 3 miles.

Gauge, 3 ft. Rail (steel), 25 and 30 Ibs.

History. Chartered March 31, 1887. Operates the Lookout Incline and Mount Lookout

Rys.

Rolling Stock.— Locomotive engines, 2. Cars — passenger, 3 ; freight, 1 — total cars, 4.

Financial Statement.— Capital stock (par, $100), $200,000.

Annual meeting, third Wednesday in January.

Directors.— W. R. King, Willetts' Point, X. Y. ; H. T. Temple, H. Clay Evans, D.
Woodworth, L. E. Montague, Chattanooga, Tenn.

D. WOODWORTB, President Chattanooga, Tenn.

General Manager— H. Clay Evans.. Chattanooga, Tenn. | Superintendent— T :. M. Derickson . Chattanooga, Tenn.

PRINCIPAL OFFICE AND ADDRESS Chattanooga, Tenn.

LOUISVILLE SOUTHERN RAILROAD.

(Following statement repeated from MANUAL for 1891 ; later information refused.}

Main Line of Road. — Louisville, Ky., to Burgin. Ky 89.4 miles.

Lexington Branch : Lawrenceburg, Ky., to Lexington, Ky 24.4 miles.

Georgetown Branch : Versailles, Ky., to Georgetown, Ky 16.7 miles.

Total length of lines operated 130.5 miles.

Gauge, 4 ft. Si in. Rail (steel), 60 Ibs.

History. — Originally chartered as the Louisville, Harrodsburg and Virginia RR. Co.,
March 9, 1868 ; name changed to above by Act of Legislature of Kentucky, April 25, 1884.
Main line completed and opened May 16, 1888. The company purchased the Versailles and
Midway RR., from Versailles to Midway, Ky., 7.88 miles, and extended it 10 miles to George-
town, Ky., the total cost being $387,000. The Lexington branch was opened August 24, 1889.

In December, 1888, the company leased its road for thirty years to the Louisville, Xew
Albany and Chicago, Ry. Co., but the lease was abrogated and the company again took pos-
session of its property on March 27, 1890. Leased July 1, 1890, to the East Tennessee, Vir-
ginia and Georgia Ry. Co. for 99 years, lessee guaranteeing principal and interest of bonds ;
all net earnings after payment of fixed charges to be equally divided between the lessor and
the lessee.

Rolling Stock, February 28, 1891. — Locomotive engines, 15. Cars — passenger, 18 ; bag-
gage, mail, and express, 9 ; freight (box, 643 ; platform, 51 ; stock, 75 ; caboose, 4), 773 —
total cars, 800. Of the box cars, 500 were acquired through car trust.

Operations for eight months ending February 28, 1891. — Train mileage and traffic statis-
tics not reported.

Earnings.— Passenger $100,577 93

Freight 224,950 12

Mail and Express 19,143 41

Miscellaneous 3,751 92

Total (§2,789.61 per mile) $348,423

Expenses.— Transportation $132.118 14

Maintenance of Equipment 33,140 65

Maintenance Way & Buildings. 49,413 00
General 47,671 25

Total ($2,100.42 per mile) $262,343 04

Net earnings (24.7 per cent.), $86.080.34. Charges against income: Interest on bonds
accrued, $139,666.66 : interest and discount, $1,502.08; taxes, $157.12; other charges, $3,-
333.32— total, $144,659.18. Balance, deficit, $58,578.84.

General Balance Sheet, February 28, 1891.

Cost of Road, Equipment, etc $7,718,420 69 I Capital Stock i authorized, $10,000,000) $3,500,000 00

Mattrials and Fuel on Hand 6,680 59 i Funded Debt Outstanding 4.190,000 00

Bills Receivable 506 55 I Bills Payable 53,500 00

Current Accounts 100.066 98 Current Accounts 107,046 22

Bond Interest not yet Due 34.916 66

Cash on Hand 2,224 23

Profit and Loss 58,578 84

Total Assets $7,886,477

Replacement of Rolling Stock Fund 1,015 00

Total Liabilities $7,886,477 88-

1044 POOR'S MANUAL OF RAILROADS.

Funded debt consists of 1st mortgage 5 per cent. 30-year $500 and $t,000 gold bonds, due
July 1, 1940, principal and interest guaranteed by the East Tennessee, Virginie and Georgia
Ry. Co., payable January and July, at Louisville, Ky. Authorized issue, $5,000,000.

Directors (elected May 4, 1892).— J. L. Smyser, V. D. Price, Bennett H. Young, Dennis
Long, A. E. Richards, J. W. Stine, W. B. Hoke, E. E. Trahue, Julius Bamberger, Carey
Peter, Louisville, Ky. ; T. B. Ripy, Lawrenceburg, Ky.

Bennett H. Young, Vice- President New York, X. Y.

Wm. Cornwall, Jr.. Secretary Louisville, Kv.

PRINCIPAL OFFICE AND ADDRESS Cincinnati, O.

LOWELL AND HASTINGS RAILROAD COMPANY.

Line of Road. — Lowell, Mich., to Freeport, Mich 12.5 miles.

Sidings, etc., 0.90 mile. Gauge, 4 ft. 8£ in. Rail (steel) Ibs.

History.— Chartered May 6, 1887 ; road built in 1887.

Rolling1 Stock, December 31, 1890.— Locomotive engines, 2. Cars— passenger, 1 ; freight
(platform), 5 — total cars, 6.

Operations for year ending December 31, 1890.— Train mileage (mixed), 16,000 miles.
Tons freight moved, 6,071. Earnings — passenger, $1,220 ; freight, $2,601.22 ; mails, $570 ;
other, $1,031.74— total, $5,432.96. Operating expenses and taxes, $6,547.68. Deficit, $1,-
114,72.

Financial Statement, December 31, 1890.— Capital stock (par, $100), $10,000 ; unfunded
debt, $141,546.64— total, $151,546.64. Contra • Construction, $150,431.92 ; income account,
$1,114.72— total, $151,546.64.

Annual meeting in June.

Directors.— Wm. Winegar, M. L. Sweet, McGeorge Bundy, R. B. Loomis, Grand Rap-
ids, Mich. ; George H. Tuxbury, Hart, Mich.

WM. WINEGAR, President Grand Rapids, Mich.

Sec. and Trias.— McGeorge Bundy. Grand Rapids, Mich. | General Manager— IS.. L. Sweet. .Grand Rapids, Mich.

PRINCIPAL OFFICE AND ADDRESS Grand Rapids, Mich.

MAHONING VALLEY RAILROAD COMPANY.

Line of Road.— Helvetia to Stanley, Pa 3.09

Trackage : Buffalo, Rochester & Pittsburgh By., Stanley to Falls C'k., Pa. 8. 07— 11.16 miles.
Gauge, 4 ft. 8£ in.

History. — Organized October 14, 1891, and road completed in the same year. The com-
pany uses the tracks of the Buffalo, Rochester and Pittsburgh Ry., under contract for 10
years from January 1, 1891, at a minimum yearly rental of $3,300.

Rolling* Stock, June 30, 1891. — Locomotive engine, 1. Cars — passenger, 1; freight, 200.

Operations for year ending June 30, 1891. — Train mileage not reported. Passengers
carried, 596 ; carried one mile, 1,841 ; average mile rate, 3.17 cents. Tons freight moved,
10,849 ; moved one mile, 34,175 ; average ton-mile rate, 3.78 cents. Earnings — passenger,
$57.22; freight, $1,111.93; other, $1,214.18— total, $2,383.33. Operating expenses, $2,-
063.65. Net earnings, $319.68.

Financial Statement, June 30, 1891.— Capital stock, $45,000 ; funded debt, $80,000 ;
current liabilities, $37,205.86; profit and loss, $319.68— total, $162,525.54. Contra ; Cost of
road, $47,624.24; rolling stock, $111,555.72; cash and current assets, $3.285.50; sundries,
$60.08— total, $162,525.54.

POOR'S MANUAL OP RAILROADS. 10-45

Directors. — Adrian Iselin, Adrian Iselin, Jr., Henry Fatio, New York, N. Y. ; J. H.
Hocart, Brooklyn. X. Y. ; J. A. Haskell, John McLeavy, W. F. Arms, H. F. Smith, W. J.
Webster. Helvetia, Pa.

J. A. HASKELL, President, Treasurer and Gen. Manager Helvetia, Pa.

_W. J. Websu-r Helvetia. Pa. ; Axf.titor—W. J. McMauius Helvetia, Pa.

PRINCIPAL OFFICE AND ADDRESS Helvetia, Pa.

MANISTEE AND GRAND RAPIDS RAILROAD COMPANY.

Line of Road Projected.— Manistee, Mich., to Grand Rapids, Mich 110.00 miles.

Completed December, 31, 1891.— Big Sauble River, Mich , to end of track 13.17 miles.

Sidings, etc., 4.1 miles. Gauge, 4 ft, Si in. Rail (steel), 60 Ibs.

History.— Chartered November 11, 1889 ; road completed as above in 1891. Work in
progress on the remainder of the projected line.

Rollins: Stock, Locomotive engines, 2. Cars (freight), 56.

Financial Statement, April 1, 1891.— Capital stock (par, $100) authorized, $1,000,000;
subscribed, $364,000 : paid in, $275,000. Xo bonds. Contra : Cost of road and equipment
to date, S271.000. Estimated cost of completed road, $1,500,000.

Annual meeting, third Wednesday in January.

Directors.— E. G. Filer, Louis Sands, James Dempsey, E. N. Sailing, T. J. Ramshell,
R. R. Blacker, John Canfield, Manistee, Mich.

JOHX CANFIELD, President Manistee, Mich.

Louis Sand?:, Vice-President " ''

Treasurer— E. G. Filer Manistee. Mich. \ Secretary— T. J. Ramshell Manistee, Mich.

PRINCIPAL OFFICE AND ADDRESS Manistee, Mich.

MAXTON, ALMA AND ROWLAND RAILROAD COMPANY.

Line of Road. — Maxton, N. C., to Rowland, X. C 16 miles.

Gauge, 4 ft, 8i in. Rail, — Ibs.

History. — Chartered March 9, 1881, as the Alma and Little Rock RR. Co.; name changed
to above March 9, 1889. Road built and opened in 1889.

Operations, etc. — No information obtainable.

J. B. WILKINSON, President and Supt Alma, N. C.

Treasurer— ?.\. Fore Alma, N. C. I Sec. & Auditor— E. S. Lathrop Alma. X. C.

PRINCIPAL OFFICE AND ADDRESS Alma, X. C.

MILWAUKEE AND SUPERIOR RAILWAY COMPANY.

Main Line of Road.— Gran ville, Wis., to Sussex, Wis 12

Branches to Quarries 4 — 16 miles .

Gauge, 4 ft, 8| in. Rail (steel), 56 Ibs.

History. — Successor to the Milwaukee, Menominee Falls and Western RR. Co., chartered
October 26, 1885. Road built in 1889, and opened in May, 1890.

Rolling Stock. — Locomotive engines, 3.

Operations for year ending December 31, 1891.— Traffic statistics cot reported. Gross
earnings, $13,565.07. Operating expenses, $8,650.28. Net earnings, $4,914.79. Paid
interest on bonds, .$6,000.

1046

POOK'S MANUAL OF RAILROADS.

Financial Statement, December 31, 1891. — Capital stock issued, $125,000 ; funded debt
(6 per cent, coupon bonds, dated February 1, 1890, due December 1, 1909, interest payable
June and December, in New York City), $100,000 — total, representing cost of road and
equipment, $225,000. Capital stock authorized at $15,000 and bonds at $16,000 per mile.
Trustee of bonds, A. J. Frame.

Annual meeting, last Saturday in October.

Directors. — Winfield Smith, Joseph Hadfield, A. H. Hadfield, Henry Herman, Samuel
Rosendale.

WINFIELD SMITH, President Milwaukee, Wis.

Joseph Hadfield, Vice-President Waukesha, Wis.

Treasurer— Henry Herman Milwaukee, Wis. | Secretary— Samuel Rosendale Milwaukee, Wis

Gen. Manager.— A. H. Hadfield Milwaukee, Wis.

PRINCIPAL OFFICE AND ADDRESS Milwaukee, Wis.

NEWPORT NEWS AND MISSISSIPPI VALLEY COMPANY.

Lines of Road Leased.

Elizabethtown, Lexington and Big Sandy RR.: Huntingdon, W. Va., to Lex., Ky. 139.69 miles.

Chesapeake, Ohio and Southwestern JZR.: Louisville, Ky., to Memphis, Tenn. . .392.48 miles.

Branch : Elizabethtown, Ky., to Cecilia Junction .". 6.00 miles.

Total length of lines leased, December 31, 1891 538.17 miles.

History.— Chartered by the State of Connecticut in March, 1884, with power to build,
acquire by purchase, lease, and operate railroads, steamboat and steamship lines, and to
acquire, hold and dispose of stocks, bonds, and securities issued by any corporation, or by
Government, State or local authorities. The company took a lease of the Chesapeake, Ohio
and Southwestern RR. for 50 years from February 1, 1886, and of the Elizabethtown, Lex-
ington and Big Sandy RR. for 250 years, from February. 1, 1886.

" These leases provide that the lessee will keep the leased properties in good repair, operate, maintain, add to
and better the same as the business of the roads may from time to time require, and apply the surplus after pay-
ment of the expenses so accrued to or toward the payment of the principal and interest of equipment trust bonds
and other interest obligations of the lessor companies in the order of their priority, making such other advances
from time to time as may be determined upon.11

In January, 1892, an agreement was made for the purchase of the Elizabethtown, Lex-
ington and Big Sandy RR. by the Chesapeake and Ohio RR. Co., and the road is now oper-
ated by that company. See statement for Chesapeake and Ohio RR. Co.

Statement of receipts and disbursements for year ending December 31, 1891 :

Disbursements.

Balance from last year $935,429 87

Operating Expenses for 1891 1,562,846 66

Taxes 40,50000

Rentals 62,017 33

Miscellaneous Expenses 16,720 72

Construction and Improvement 216,840 78

Equipment 47,221 88

Keal Estate 10,047 !)7

P. & E. RR. Sinking Fund 5,000 00

Equipment Trust Bonds retired 70,000 00

Equipment Trust Notes retired 34,484 19

Other Liabilities 34,800 00

Interest on Mortgage Bonds 489,000 00

Interest on Equipment Obligations 14,905 30

Interest on Other Debt 30,530 23

Total.

.33,575,344

Receipts.

Gross Earnings for 1891 $2,341,990 15

Annual Rental 5,000 00

Interest Paducah Union Depot Co. Bonds. . 2,100 00
Dividend Paducah Union Depot Co. Stock. 5,250 00
Coupons Outstanding Heretofore 330,720 00

Balance due Lessee .

890,284 78

Total $3,575,344

POOR'S MANUAL OF RAILROADS.

1047

General Balance Sheet, December 31, 1891.

c.

c.

C. & O. Ry., 2,319 Shares 1st Pref. Stock . . . $231.963 00
C. & O. Ry. 13,10* Shares 3d Pref. Stock . . . 1,310,400 00
E., L. & B. S. RR. Co., 10,555 Shares Capital

Stock 1,055.500 00

O. & S. W. RR. Co., 57,087 Shares Com-
mon Stock 5,708,700 00

O. & S. W. RR. Co., 35,116 Shares Pre-
ferred Stock 3.511.600 00

Cash, General Office 6,842 00

Cash, Local Office? 80,084 45

Remittances in Transit 53,415 94

Agents and Conductors 36.62709

Bills Receivable 2,887 51

Sundry Roads and Persons 185,599 01

U. S. Post Office Department 14,378 93

Unadjusted Open Accounts 143,321 75

C. & O. Ry. Co 650 98

C. & O. & S. W. RR. Co 890,284 78

E. L. & B. S. RR. Co 195,19096

Troy and Tiptonville RR. Co 5,656 80

Louisville Pas. Station— Construction 287,12978

Bonds of Other Cos 18,137 50

Stock in Other Cos , 5.185 72

Stock of Supplies on Hand 283,794 28

Ohio Valley Ry. Co 81,182 71

Terminal Property at Evansville 123.175 00

Balance ... . . 1,202,481 58

Capital Stock Issued $13,677,400 00

Capital Stock Scrip 17,090 00

Vouchers and Pay Rolls Unpaid

State and Municipal Taxes Unpaid

Sundry Roads and Persons

Unadjusted Open Accounts

Loans and Bills Payable

Louisville Passenger Station— Rentals .. .

H. A: E. Ry. Cn

Renewal Funds

Income Account

309,88780

4,80447

46,447 41

72,351 45

26,48871

6,53934

16,245 04

14,946 45

Total S 15.434. 189 77 Total $15,434,18977

Directors.— C. P. Huntington, I. E. Gates, C. Weideufeld, Charles Babbidge, F. H. Davis,
T. B. Criss, New York, N. Y. ; Lynde Harrison, Xew Haven, Conn.

C. P. HCNTINGTON, President New York. N. Y.

I. E. Gates, 1st ( Vice- President, Secretary and Treasurer. .Xew York. N. Y.

n<v-7V>j/A./,/— H. E. Hnntington Lexington, Ky. | Asst. to Pre*. and Comp. -Wm. Mahl .New York. X. Y.

'.-President— John Echols Louisville, Ky. j A. >'-c. <(• A. Trta*.— Edward Zacher. . . New Haven, Ct.

Vice-

PRINCIPAL OFFICES.

J23 Broad Street, Xew York, X. Y.
( Xew Haven, Conn.

NITTANY VALLEY RAILKOAD COMPANY.

Line of Road. — Junction B., X. & L. RR. to Ore Banks 4.75 miles.

Sidings (owned, 0.87 ; leased, 2), 2.87 miles. Gauge, 4 ft. 9 in. Rail, all steel.

History.— Chartered March 15, 1887. Road leased in May, 1891, for one year to the
Valentine Iron Co., at a rental of $7,500. and lease extended for one year from May 1, 1892.

Rollins: Stock. — Locomotive engines, 3 ; freight cars, 8.

Operations for year ending June 30. 1891. — Train mileage and passenger traffic not re-
ported. Tons freight moved, 89,491 ; moved one mile, 681,921. Earnings from freight,
$13,676.49. Operating expenses, $7,696.85. Xet earnings, $5,979.64 ; add other receipts,
$625— total, $6,604.64. Paid interest, $3.375. Surplus, $3,239.64.

Financial Statement, June 30, 1891. — Capital stock, $75,000 ; funded debt, 1st mortgage
6 per cent, coupon bonds, $75,000 ; current liabilities, $14,338.23 ; profit and loss, $13,896.-
36— total, $178,234.59. Contra: Cost of road, $162,415.45; rolling stock, $14,573.83 ; cash
and current assets, $1,245.31 — total, $178,234.59.

Directors.— Jones Wister, J. N. M. Shimer, C. A. Harte, W. Rotch Wister, Samuel
Bispham, H. E. Young, Philadelphia, Pa.; John S. Brown, Swarthmore, Delaware Co., Pa.

JONES WISTER, President Philadelphia, Pa.

Secretary and Treat.— M. W. Walsh. . . .Philadelphia,Pa. | Gen. Manager- 3. W. Gephart Belief onte, Pa.

PRINCIPAL OFFICE AND ADDRESS 122 Walnut Street, Philadelphia, Pa.

104:8 POOR'S MANUAL OF RAILROADS.

RAVENSWOOD, SPENCER AND GLENVILLE RAILWAY COMPANY.

Line of Road. — Ravenswood, W. Va., to Spencer, W. Va • 33 miles.

Sidings, — miles. Gauge, 4 ft, 8| in. Rail (steel), 60 Ibs.

History.— Chartered April 10, 1886 ; road completed as above in 1891.

Boiling1 Stock. — Locomotive engine, 1. Cars (freight), 10.

Operations, etc. — Not reported ; road but recently opened.

Financial Statement. — Capital stock, $250,000. Funded debt authorized and issued con-
sists of $400,000 1st mortgage 6 per cent. 80-year bonds, due August 1, 1970, interest payable
February and August, at the office of the Central Trust Co., New York City. Of this issue
$100,000 were sold, leaving $300,000 in treasury. Principal and interest of bonds guaranteed
by the Ohio River RR. Co. Cost of road and equipment, not reported. Trustee of bonds,
Fidelity Insurance, Trust and Safe Deposit Co. of Philadelphia, Pa. Annual meeting,
second Thursday in May.

Directors.— Geo. W. Hundley, P. C. Adams, C. C. Smith, A. B. Wells, J. G. Schilling,
D. W. Chapman, William Woodyard, Spencer, W. Va. ; B. D. Williams, I. M. Adams, C. L.
Brown, James Wease. James McClothlin, J. A. Mclntosh, Ravenswood, W. Va.

WILLIAM WOODYARD, President Spencer, W. Va.

Treasurer— C. C. Smith Spencer, W. Va. | Secretary— D. W. Chapman Spender, W. Va.

PRINCIPAL OFFICE AND ADDRESS Spencer, W. Va.

ST. JOSEPH VALLEY RAILWAY COMPANY.

Line of Road Projected.— Benton Harbor, Mich., to Fort Wayne, Ind 130 miles.

Completed : Berrien Springs, Mich., to Buchanan, Mich 10 miles.

Sidings, 0.5 mile. Gauge, 4 ft. 8£ in. Rail (iron), 30 Ibs.

History. — Chartered August 1, 1889, and purchased at receiver's sale, on same date, the
old narrow gauge St. Joseph Valley RR., and rebuilt it as a standard gauge road. Work
reported in progress on an extension from Berrieu Springs to Bentou Harbor, a distance of
16 miles of which 6 miles of grading are completed.

Rolling1 Stock, December 31, 1890. — Locomotive engine, 1. Cars — passenger, 1; freight
(platform), 1 — total cars, 2.

Operations for year, ending December 31, 1890. — Train mileage (mixed), 13.130 miles.
Passengers carried, 6,786. Earnings— passenger, $1,827.01 ; freight, $2,290.92 ; mail, $432;
express, etc., $451.75 — total, $5,001.68. Operating expenses and taxes, $7,500.24. Deficit
from operations, $2,498.56.

Financial Statement, December 31, 1890.— Capital stock (par, $100), $300.000; funded
debt (1st mortgage 5 per cent. 30-year $1,000 bonds, due Angust 1, 1919, interest payable
February and August, at the office of the American Loan and Trust Co., New York, N. Y.),
$50,000 ; notes payable, $10,208.20 ; vouchers and accounts, $28,889.25 ; unpaid coupons,
$2,500^total, $391,597.45. Contra: Cost of road and equipment, $365,989.42 ; cash assets,
$75.29 ; other assets, $25,532.74— total, $391,597.45.

Annual meeting, first Tuesday in April.

Directors. — A. A. Patterson, Jr., Frederick B. Benton, Chicago, 111.; D. H. Patterson,
Fred. McOmber, Fred. L. Reeves, Berrien Springs, Mich. ; J. J. Van Riper, Niles, Mich. ;
John A. Patterson, Albany, N. Y.

A. A. PATTERSON, JR., President Chicago, 111.

D. H. Patterson, Vice- President Berrien Springs, Mich.

Sec.& (ren. J/an.— Fred.McOmber. Berrien Springs, Mich. | Treasurer— Fred. L. Reeves Berrien Springs, Mich.

PRINCIPAL OFFICE AND ADDRESS Berrien Springs, Mich.

POOR'S MANUAL OF RAILROADS. 1049

SEATTLE, LAKE SHORE AND EASTERN RAILWAY COMPANY.

Main Line of Road.— Seattle. Wash., to Sumas. Wash 125.00

Sundry Branches iii Washington 102.03—227.03 miles.

Sidings, 18.6 miles. Gauge, 4 ft. 8A in. Rail (steel), 60 Ibs.

History.— Chartered April 25, 1885 ; charter amended August 6, 1886. The total mileage
completed at the end of 1890, as given in detail in the MANUAL for 1891, was 192 miles.
Since then the Northern branch has been extended to the International Boundary Line, and
sundry additions brings the completed mileage, on May 1, 1892, 227.03 miles. Controlled
since March 15, 1892, by the Northern Pacific RR. Co., by which the road is operated under
traffic contract.

Operations, etc.— Not reported.

Financial Statement, June 30, 1891.— Capital stock issued, $4,150.000. Funded debt,
1st mortgage 6 per cent. $1,000 gold bonds, dated August 10, 1886, due August 1, 1931,
interest payable February and August, $5,675,000.

Bonds are guaranteed by endorsement as to principal and interest by the Northern Pa-
cific RR. Co. A sinking fund commenced August 1. 1891. Bonds listed on the New York
Stock Exchange.

Annual meeting, third Thursday in October, at Seattle, Wash.

Directors (elected March 15. 1892).— James B. Williams. G. S. Baxter. New York, N. Y. :
Jacob Furth, I. A. Nadeau, Seattle, Wash. ; G. W. Dickenson, Tacoma. Wash.

JAMES B. WILLIAMS. President New York, N. Y.

Jacob Furth, Vice-P resident Seattle. Wash.

r— G. S. Baxter New York. X. Y. , .^<;r*tar>j—G. H. Earl New York. N. Y.

PRINCIPAL OFFICE AND ADDRESS Seattle, Wash.

SHADE CREEK RAILROAD COMPANY.

Line of Road. — Faustwell Sta. to Johnstown Lumber Co.'s Mill, Pa 1 mile.

Sidings, 0.25 mile. Gauge, 3 ft. Rail, all steel.

History.— Chartered May 23, 1888. The company owns 6 freight cars.

Operations for year ending June 30. 1891. — Trains (freight) run. 4,000 miles. Tons
freight moved, 7,000. Earnings from freight, $840. Operating expenses, $722.50. Net
earnings, X117.50.

Financial Statement, June 30, 1891.— Capital stock, $7,700 ; current liabilities, $722.50:
profit and loss, $117.50— total, $8,540. Contra : Cost of road, $4,580.59 ; rolling stock,
$3,050 ; cash and current assets, $909.41— total, $8,540.

Directors.— S. H. Baker, Edward Pitcairn, Pittsburgh, Pa. ; J. M. Cover, Jeuner Cross
Roads, Pa. ; F. Taylor, Robert Pepperday, John Murdock, John Whitsell, Johnstown, Pa.

S. H. BAKER, President Pittsburgh, Pa.

'/—Robert Pepperday Johnstown. Pa. ' Tr?asnrfr— John Whitsell Johnstown, Pa.

PRINCIPAL OFFICE AND ADDRESS Johnstown, Pa.

SOUTH GALVESTON AND GULF SHORE RAILROAD COMPANY.

Line of Road. — In the City of Galvestou, Tex 4.5 miles.

Gauge, 4 ft. Si in. Rail (steel), — Ibs.

History.— Chartered July 24, 1891 ; road completed as above early in 1892. Road pro-
jected from Galveston to South Galveston, a distance of 9 miles. It is expected to com-
plete the road during 1892.

Financial Statement, March 31, 1892.— Capital stock (par, $100), $150,000.

1050 POOR'S MANUAL OF RAILROADS.

Directors.— M. F. Mott, J. N. Sawyer, Geo. J. Gray, Lucian Minor, Thomas B. Gale,
Thomas H. Sweeney, Galveston, Tex.; S. B. McClurken, Denver, Col.

M. F. MOTT, President Galveston, Tex.

J. N. Sawyer, Vice- President Galveston, Tex.

Treasurer— Lucian Minor Galveston, Tex. | Secretary— Howard E. Barden. Galvestou, Tex.

PRINCIPAL OFFICE AND ADDRESS Galveston, Tex.

VERNON, GREENSBTJRG AND RUSHVILLE RAILROAD COMPANY.

Line of Road. — Vernon, Ind., to Rushville, Ind 45.10 miles.

Sidings, 8.31 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History. — Chartered July 10, 1879. Road completed and opened in July, 1881, and then
leased to the C., I., St. L. & C. Ry. Co. for five years, lessee agreeing to pay taxes, interest
on bonds, and operating expenses, and to carry without interest the debt due it by lessor
company. Operated by the Cleveland, Cincinnati, Chicago and St. Louis Ry. Co., which
owns the entire bonds and 70.2 per cent. ($351,000) of the capital stock. Operations included
in those of that company (see page 172).

Financial Statement.— Capital stock, $500,000 ; funded debt (1st mortgage 7 per cent.
40-year $1,000 coupon bonds, dated May 1, 1880, interest payable in Cincinnati, O.), $450,-
000 ; floating debt (advanced by lessee), $167,443.53— total, $1,117,443.53. Contra : Cost of
road, $600,000 ; real estate, etc., $200,000.

M. E. ING ALLS, President Cincinnati, O.

Vice-Pres. t&Sec.—'E. F. Osbom Cincinnati, O. | Treasurer— George S. Russell Cincinnati, O.

PRINCIPAL OFFICE AND ADDRESS Cincinnati, O.

WARRENTOWN RAILROAD COMPANY.

Line of Road. — Warrenton, N. C., to Warren Plains, N. C 3 miles.

Siding!*; 0.12 mile. Gauge, 4 ft. 9 in.

History. — Organized April 21, 1876 ; road opened

Operations, etc. — Not reported. Gross earnings for year ending June 30, 1891,
$4,461.31.

Financial Statement, June 30, 1891.— Capital stock, $15,000 ; funded debt, $8,000—
total, $23,000. Contra : Cost of road, equipment, etc., $16,770.

Directors.— Jere. Draper, C. A. Cook, W. B. Boyd, J. G. King, T. P. Arrington, War-
renton, N. C.

W. J. WHITE, President Warrenton, N. C.

Sec. cfe Treas.—J. M. Gardner Warrenton, N. C. | General Manager— C. P. Shell Warrenton, N. C.

PRINCIPAL OFFICE AND ADDRESS Warrentou, N. C.

WATCHUNG RAILROAD COMPANY.

Line of Road,— June., N. Y. & G. L. RR., near Newark, to E. Orange, N. J., 4. 16 miles.
Sidings, 401 feet. Gauge, 4 ft. 8£ in. Rail, — Ibs.

History. — This road was formerly operated by the New York and Greenwood Lake RR.
Co. (see MANUAL for 1890, page 306), but is now operated by the New York, Lake Erie and
Western RR. Co., under agreement. Road in hands of a receiver. No information in
reference to operations, etc., obtainable from this company.

Financial Statement.— Capital stock, $47,000.

A. S. HEWITT, Receiver New York, N. Y.

PRINCIPAL OFFICE AND ADDRESS 21 Cortlandt Street, New York, N. Y.

POOR'S MANUAL OF RAILROADS. 1051

WILMINGTON, CHADBOTJRN AND CONWAY RAILWAY COMPANY.

f „ , \ Chadbourn, N. C., to Conway, S. C 29

: } Chadbourn, N. C., to Hub, X. C 11— 50 miles.

Sidings, 1.85 miles. Gauge, 4 ft. 9 in. Rail (steel, 13.5 miles), 45 and 56 Ibs.

History. — Incorporated in North ^Carolina, in 1883 ; in South Carolina, in 1884 ; consoli-
dated in 1886. Road from Chadbourn to Conway opened December 17, 1887, and road from
Chadbaurn to Hub built during 1891. Reported purchased in December, 1891, by the Wil-
mington and Weldon RR. Co.

Rolling" Stock. — Locomotive engines, 2. Cars — passenger, 3 ; baggage, etc., 1 ;
freight, 10.

Operations for year ending June 30, 1891. — Train mileage— passenger, 573 ; mixed,
26.130; other, 12,860— total, 39,563 miles. Passengers carried, 8,460; carried one mile,
18,369 ; average mile rate, 3.82 cents. Tons freight moved, 16,105 ; moved one mile,
222.343; average ton-mile rate, 8.44 cents. Earnings — passenger, $5,661.96; freight, $17,-
887.08 ; mail. $1.674.52 ; express, $243.81; other, £37.18— total, $25,504.55. Expenses-
transportation, $5,684.15; maintenance of equipment, $331.31 ; maintenance of way, etc..
$4,344.51 ; general, $3,930.59— total, $14,290.56. Net earnings. All, 213.99. Payment? :
Interest on funded debt accrued, "$3,682.83 ; taxes, $1.445.45— total, $5,128.28. Balance,
surplus, $6,085.71. Surplus forward. $2,702.28— total, $8,787.93.

Financial Statement, June 30, 1891.— Capital stock (par, $25), $211,650 ; funded debt
(1st mortgage 6 per cent. 30-year bonds, due July 1. 1920, interest January and July ;
issued, $280,000),'outstanding, $201,000 ; loans and bills payable, $18,391.71— total, $439,-
829.70. Confra: Cost of road, $406,934.38; equipment, $20,363.50 ; lands owned, $3,-
392.12 ; cash and current assets, $6,274.23 ; sundries, $2,865.47— total, $439,829.70.

Annual meeting, second Monday in January. Voting power attaches to stock after
fifteen days' ownership.

Directors — James H. Chadbourn, George Chadbourn, William H. Chadbourn, Wil-
mington. N. C. ; J. H. Chadbourn, Jr. ; Chadbourn, N. C. ; S. G. Collins, Con way, S. C.

W. H. CHADBOURX, President Wilmington, N. C.

J. H. Chadbourn, Jr., Sec., Treas., and Gen. Manager.. . .Chadbourn, X. C.

PRINCIPAL, OFFICE AND ADDRESS Chadbourn, X. C.

1052 POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA.

DOMINION OF

Area, 3,470,392 square miles. Population (1881), 4,324,810. Railroad (June 30, 1890), 14,004.13 miles.

Statements showing Mileage, Capital Accounts, Equipment, Operations.- Earnings, etc.. of the Railroads in the Dominion
of Canada, for their respective fiscal years ending in 1890.

I. Mileage, Liabilities, Cost of Road and Equipment, and Rolling Stock— All Companies.

RAILROADS.

RAILROAD.

Steel
Rail in
Track.

En-
gines

No.

10
2
3
1
2
1
2
23
6
113

185

21

"*8

435

3
3
10
3
2

CARS.

CAPITAL PAID Ix.

Cost of
Road and

Equipni't.

Total
Lines

Com-
pleted.

Under
Con-
struc-
tion.

Pass-
enger.

B.,

M.
and
Ex.

JVo.

""i
1

""3
3
23

47
4
5

Freight

Share
Capital.

Bonded
Debt.

Gov't and
Municipal
Aid.

Total
Capital of
all Classes

Alb'aRy.&Coal
Albert Southern
Bale des ChaPis.
Bavof Q.&X.Co.
B.W.&S.Ste.M.
B'ford,W.&L.E.
Buctouche&M'n
Canada Atlantic
Canada Eastern.
Can. Southern..
Can. Gov. Bys.:
Intercolonial..
PrtnceE'w'dlfi
Eaet.Extens'n
Cape Breton . .
Canadian Pacific
Atl.&N.-W..
Man.S.-W.Col
M. to O. (Sec. 2
M.O.&O.Ry.)
North Shore..
St. Law. & Ot.
Tor.,G'y A: Br.
Ontario & Que
Credit Valley.
W.Ont. Pacific
Guelph June. .
Tor.J.toSt.Av.
Caraquet
Carillon&Grenv.
Central Ontario.
Cent.ofN.Bruns.
Chatham Branch
Cob'g.B'rt'n&M
Cornwallis Val..
Cumb.Ry.&CCo
Drum. County. .
Elg.,Pet.&Havel
Erie & Huron...
Esquim.&Nan'o
FA-Sr.M.RyB.C
Grand Trunk. . .
Buff. & L.Hur.
G.T.,G.B&LE.
Mon.&Ch. Jc.
South Norfolk
Great Western
LOII.& Pt.Stan
Well.,G'y&Br.
Lon.,Hur.&Br
B..Nor.&Pt.B.
Midland
Tor.&Nipiss'g
Grand June..
W.,Pt. P. &L.
Victoria
Northern
N.&Pac.Junc.
Hamil.&N.-W
MadocJc.&Br
Jac.CartierUn

Jf.

109.50
12.00
60.00
3.50
45.00
17.00
32.00
138.00
116.00
37S.91

963.50
210.60
80.00
88.60

3,415.30
336.10
211.20

"206 .'i6
56.50
188.70
451.50
175.20
26.60
15.00
3.20
68.00
13.00
104.00
74.66
11.00

M>

.)/.
109.50
12.00
60.00
3.50
45.00
17.00
32.00
138.00
116.00
346.79

963.50
73.69
80.00
98.50

5,076.70
68.00

3*o.
4

"2
1
2
2
2
6
3
66

174
32
3

.To.
, 237

i 8
'• 21
29
30
7
21
2,153
88
2,270

5.776
300
250
160

12,606

20
6

, 114

' 28
1

730,000
125,920
30,000
75,000
1,185,000
17JBOO
250.000
3.000,000
500,000
15,000,000

1,008,150
40,000

10^500
1,125,000

S

$

1,738.450
22b.l)20
924.175
90,500
2,471,000
213,634
719,1)20
3,522.16?
1.133,500
84,575,169

48,624,018
3:741 .781
1.962.276
3,019,753
lW.5i9S.UiO
10,893.591
4,144,000

4,140.601
5.593,534
2,153,243

5.970.2-29
21,741.791
1,616,000
81,800
222,000

8

1,134.240

167,000

5.50
40.00

61, 000
894,175
5.000
161,000
98,120
159,920
522,167
683.500
551.559

4S.624JU 8
8,741,78*
1,962,276

8.01H.753
58,704,464

1.004.U25
900,000

4,140,601
3,500.000
390,000
1,3(52,155
239,200
1,616,000
60,800
221,000

87.500
194:342

310,000
19,623,661

::

6,977,760
'28.'l72,498

48.624,018
3,741.781
1,962.276
3,019,753
199,298,160
9,753,535

}•

331

2
6
5
3
3

,«

2
'3

65.000,000
8,418,000

700,000

"560,660
789,909
785,490

2,000,000

75,593,6%
6,742,666

2,544,000

"i,593,534
078,834

3,500.000
19,502,591

7,500,000

5,547.338
22,512,352

'605,576

21,666

1,000

950.000
100,000
750,000
900,000

500,000

404,000

1.854,000
100.000

1,488,250

104.00
74.66
11.00

220,000
347,178
56,440
158.240
20,000
144,-,;31
17H.1I62
203,153
436,500
750,000
330,000
15,142,633
966,000
1,265.000
'497.647
11 '.i, 400

970,000
2,147,178
265,440
1,158,240
40.000
1,144.231
596,728
628.403
1.282.000
2,972,096
400,000
261,527,755
7.^37.(>f.»
2,679,730
1,255,640
309.400
15 :5H3 li.Vi

1,510,130

900,000

241,000

i, 066,666

14. 00
32.00
36.30
28.00
7'5.75
7'8.00
1.33
879.59
162.00
172.75
81.25
17.00
537.72
23.84
168.09
68.89
34.73
173.97
111.50
85.40
46.50
53.25
205.37
111.37
173.90
8.60
6.50

'"ii.'oo

14.00
32.00
35.80
28.00
74.00
78.00
1.33

1
8
2
2
6
4

t'.s

2 I
0 3
14 3

12
215
20
1
42
90

20,000
1,000,000
400,000
165,250
105,500
1,200,000
20,000
189,157,487
2,555,657
483,250
250,000
20,000

"'75S'.373
O 729,8*

"i. 2112,174
2.H72.096
414.087
* 2-,0.rt.v--..s07
6.271 .6:39
2,679,71
1,255.640

260,666

740,000

5o',666

57,277,635
3,715,982
931,480
507.593
170,000
15,393.656
680.311
708,587
912,646

2,912.22

701

596

214

20,682

441,500
221,200
22,210
30,000
4,381,312

'!»23'.276
490,138

1,121.811
1,853,063
1,424,994
80,000
12,174,113
634,915
467,388
317,053
498,000
6,498,078
1.342,400
3,340,816

1,121.011
L,853,0l

1,424.!»94
30,001

tl4.nrn.5SO

7,479,580

313,221

6:34,1115

467,388
317,053
498,000
828,168
1.319,400
1,340,616

:::: ::

5,669,910
' 2,666,200

"l ',342.400

23,000

20,000

20,000

20,00(1

* Including cost of Great Western, Northern and Hamilton, and Northwestern Ry*.

t Including cost of Midland, Toronto and Nipissing, Grand Junction and Whitby, Port Perry and Lindsay Rye.

POOK'S MANUAL OF RAILROADS — DOMINION OF CANADA.

1053

I. Mileage, Liabilities, Cost of Eoad and Equipment, and Rolling Stock— All Companies.— Continued.

RAILROAD-.

RAILROAD.

- Steel
Rail in
Track.

CARS.

CAPITAL PAID Ix.

Cost of
Road and
Equipm't.

Total
Lines
Com-
pleted.

Under
Con-
struc-
tion.

En-

^nes Pass-
enger.

B.,

M.
and

Ex.

Freight

1 Share
Capital.

Bonded
Debt.

Gov't and
Municipal
Aid.

all Classes

Great Eastern
Monfl & Sorel..
Great Northern . . .
Gt. Northw't Cen.
Hereford
Irondale, B. & O..

Jfi

13.00
44.67
18.00
50.00
53.50
10.00
13 50

M,

-....

M.

44.67

18.00
50.00
53 50

So. S'o.
5 5
1 1

So.
2

1

S'o.
6

\ 1,150,000
1 750,000
160,000

S

69,922
51,088

1,218,780
1,188,450

211,088
500,000

68,500
339.500
236,735

24.875
690,689
118,020
259,813
9,943,000
561,040
800,000

92,500

363,528

*1, 320,000

500,000
800,000
53,500
270,000

800,000

177,060
' 15,000
69,500
236,735
995:493
342,844
14.875
163,400
105,520
148.813
954.600
60,000
65,000
105,800

1.761,700

46.66

10.00
13.50
30.50
103.00
56.50
3.00
38.00
15.50
29.00

232.71

34.00
13 00

1 1
2
3 1
9 11
4 8
1 1
4 9
2 2
2

7 8

""2

5

7

G

175
79

Kent Northern. . .
King & Pemb'ke.
Kin^..Nap.£Wn.
L'Assomption . . .
Lake£.,E. &D..
L. T. C. & Ry. Co.
Lower Laurent'n.
Man. & N'thwest.
Sask. A: West'n
Massawippi Val..
Mont. A L'Mask'e
Mont & We*t"n

34.00
112.75
56.50
3.00
38.00
15.50
29.00
217.24
15.47
34.00
13.00

•-••••

246,000
4.0T4.311

"'690,689

4,408.800
44.500
10,000
20,000
12,500
110,000

1 310,000
735,000
25,000
5,000

572.000
520,000

fg

2
4

105
18
26

225

500,000

" 3,160,900
181,040

"ioo,o6o

580.00(J
'800,000

36 66

Mour. & Ottawa..
Mon. & Vt. Jc.. .
New Brunswick. .
NewB. & Can..
St. John & Me.
Fredericton
N. B.&P.Ed.Isl.
N. Pac. & Man...
Nova Scotia Cen.
No-bonsing & N.
Ottawa & Gat. Val.
Pontiac & Ren . . .
Pontiac Pac. Jc..
PL Arthur J).&W.
Qu'ap. L. L. & S.
uue.& Lake St. J.
Quebec Central..
Que., M. & C

it;, so

23.6<>
174.W
127.00
92.00
22.50
36.00
263.30
74.00
5.50

jl

J

16.50
23.60

415.50

36.00
263.30
74. 00
5.50

....

70,000

is

3 2
9 7

5 6
1

11
"*3

a

951

85

468
62

35

1 l!7H8',000
! 3.654.153
I 318,200
212,850
1,000,000
700,000

40,000
20,000
300,000
24,900
210,000
8300,000
8,039,930
174,189
126,388

4.102.012
'170,000
216,664
100,000
100,000
6,010.000
1,000,000

99,000
622,500
1,240,000
310.000
213,149
532,250
630,220

4,110,811

525.999

7,542;250
2,568,220

205,000
40,000
39.800
900. S28
54,900
3.9:>7.333
10,189,522

688,879

4.'-; 3.612
3.546.000

1,450,00(1

26 66

"9,800
600,828
30,000

' 3,543,522
844,51*2
178,600

562,991

4.25
71.00
20.00
164.50
191.00
153.50
80.50

64^66

82.60

4 25
71.00
20.00
164.50
191.00
153.50
20.50
5.00
14 00

1 .

4 2
1

...!

.58
16

1.10S;130

.
'"459.">6

3.747.333

3,796.0<N)
4,743.36. >

17 19
10 18
2 16
2 3
6 4

8
9
....

2

251
342
29

Salisb'y ifc Harvev
Stanstead, S. & C.
Shore Line
gouth Eastern —
Mon. P. & B. ..
L.C. & St. L. Jc.
St. Cath. & N. C..
St.J.B. & Rv. Ext.
St. C'.air Tun. Co.
St.J.Val.&R.duL.
Stewiacke V. & L.
Temiscouata
Thousand Islands
Tobique Valley. .
Western Counties
Windsor & Annap
WindsorBr
Win. & Hud. Bav.
Wcl.M'n&Qu'Ap.

Totals

52.00
43.00
82.50
152.00
45.00
68.00
12.85
1.75

R

82.50

12.35
1 To

6 4
30 34
2 2

2

10

SI

830
8

101.000
i 2.012.500
< 986,600
1 600,000
68.000
10,827
70 000

419,000

222.582
66,640

520,000
4,856,892
2,110,182
1,264,280
134,640

243,000

25.000
8,184

3.054.640

19,950
2,746,484
8,946,88ft

2,000,000
901,000
378,000

- 461.760
^ 565,208
1,675.164
35.000

125,000

2 95

173.000

7.00
12 00

25,000
8,134
791,000
60,000
200
400.800
t 1.557.236

81.00
4.08
6.00
67.00
84.00
88. W
40.00

"i4'.66

20. iO

[....

81.00
4.08
•i.OO
3.00

92.00
40 00

5 7

1 1

a

94

1

1,574.640
8,000

689.000
20.400
19,750
1.370,890
1,089.674

"'73,318

5 5

11 11

• ^

974.794
1.195.7K4

3,947,003

285,793

20,100

256,000

541.7U3
26,100

i6.66

14,004-13

426.71 13.339.10

1,771 1.493 525 49.356 338,176,980 266,885,707

178,541.601

786.447.812

II.— Traffic Operations, and Gross and Net Earnings— Operating Companies.

RAILROADS.

Road
Oper-
ated.

TRAIX MILEAGE.

Total
Number
of Pas-
sengers
Carried.

Tons of
Freight

2.000 Ibs.
Handled.

Tom.
91.879
63,882
1.890

r,310

GROSS EARNINGS.

Net
Earnings

Pass.
Trains.

Freight

Trains.

Total
Train
Mileage.

Pass.
Traffic.

Freisrht
Traffic.

Total.
••**

Alberta Rv. <fc Coal Co.
Bav of Qu'te & Nav.Co.
B'tfordW. &L. E ....
Buctouche & Moncton.

V.
109.50
3.50
17.00
32.00

Jf.

"*$m

3/.
104.802
2,558

.!/.

168.876
21.182
9,520

NQ.
li8B7

11,107
7.227

•
9,339
2.52H
2V318
4.913

163.063

21.456
1,366
7.734

1 SI .533
26,894
3,792

1-2.--47

49,323
11.193
clef. 3.979
def. 580

1054

POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA.

II.— Traffic Operations, and Gross and Net Earnings— Operating Companies.— Continued.

EAILBOAUS.

Road
Oper-
ated.

TRAIN MILEAGE.

Total
Number
of Pas-
sengers
Carried.

Tons of
Freight
of
2,000 Ibs.
Handled.

GROSS EARNINGS.

Net
Earnings

Pass.

Train?.

Freight
Trains.

Total
Train

Mileage.

Pass.
Traffic.

sr •'•-.

Canada Atlantic

M.

138.00
116.00
378.91

891.00
210.60
80.00
5,085.40
68.00
13.00
104.00
74.66
11.00
32.00
12.50
28.00
75.75
78.00
1.88
3,122.22
57 67

M.

182,761
73,242
1,053,180

1,199,741

82,406

M.

234,100
27,466
1,936,870

3,556,500
170,167

J/.
433.921
137,329
3,151,604

4,750,241
252,573

No.

124,401
19,965
652,755

1,170.249
133.099
48,984
2.685,730
6.914
10,800
56,388

""is, 250
20,382
3.000
3,096
132,442
30,090
5,015
5,872,878
19,643
5,000
'••> 5,598
10,136
4,747
45,578
34,216
6,674
65,530
5,088
21,161
55,509

Tens.

534,481
44,245
2,904,835

1,353,417
51,604
15,402
3,006,684
16,257
125
70.351
5.413
13,527
471.823
34,236
7,102
221,712
26,863
11,363
7,909,208
8,865
6,879
56,930
40,585
10.740
117,279
55,966
773
172,503
1,410
41,026
114,416

s

101,062
21,837

1,285,892

854,794
69,400
40,300
4,526,292
4,793
2,9tit
28,867

2,457
8,627
709
1,039
54,516
59,10h
501
5,421,363
13,802
1,441
4,588
2,743
4,210
36,462
13,320
1,172
25,114
10,363
39,179
54,492

*

897,861

39,939
3,213,193

1,926,927
73,663
37,720
9,354,480
13,<>H4
293
50,422

"'13,503
35,920
13,565
4,496
79.335
48,700
1,960
12,154.016
4,696
2,303
29,099
14,665
10,081
111,590
35,879
251
54,505
17,629
88,602
81,526

s

567,235
66,229
4,651,041

2,928,081
160,972
84,659
15,572,986
20,256
3,259
93,816
8,700
17,661
113,935
14,408
5,905
139,858
113,380
2,461
18,300,607
19,308
3,892
33,784
17,631
15,141
168,795
54,171
1,682
82,827
29,920
139,076
139,490

"i92,'l08
963,661
26,612
160,332
.42,627
925
36,831
153,361
265,'657
20,044
22,208
61,520
30,360
589,530
16,251
55,137
40,500
18,355
67,277
271,862

225,148
24,975

1,681,602

d. 553,392

d. 105.514
5,556
6,148,820
def. 5,360
def. 1,604
1,971
def. 7;365
12,152
50,416
5,290
462
43,469
def. 2,865
1,161
5.457.961
170
1..069
8.038

e;7oe

2,820
45,656
9,737
def. 428
26,237
12,733
elf. 27,793
35.727

'"65,540
300,101
13,147
52,841
def. 1.069
def. 2:412
' 3.295
15,653
67,086
def. 2,569
def. 4,843
1,546
df. 15,906
109,964
def. 738

Canada Eastern
Canada, Southern

Canadian Gov. Rys. :
Intercolonial
Prince Edward Island
Eastern Extension. . .
Canadian Pacific
Caraquet
Caiillon & Grenville..
Central Ontario
Centrtil of N. B
Chatham
Cunir/d Ry. & Coal Co.
Dmmmond County. . .
Elgin, Petit, & Havel 'k
Erie & Huron
Esquimau & Nanaimo.
F'n.&St.M.Ry.B.Co.
Grand Trunk
Great Eastern
Great Northern
Hereford .

4,560,758

5,821,374

11,189,496
40,800
10,600
167.000
29,890
19,280
148,919
10,500
7,290
130,57'0
111,630

9,600
45,000

'32,000
2,000

'"49,670

"37,81 is

5,404,048

9,331,703

16,986,102
33,000
5,008
58,908
14,924
18.366
226,000
82,029
4,614
371,687

"167,367
156,890

18.00
53.50
13 50

28,600

Jogoins

Kent Northern

34 00

Kingston & Pembroke
Kingston, Nap. & W..
L'Assomption
L. Erie, Es?ex& Deft R.
L. Tern., C. & Ry. Co.
Manitoba & Northwest
Massawippi Valley
Montreal & L. Maskin.
Mont. & Verm't June.
New Brunswick
New Bruns. & P. E. I.
North. Pac. & Man
Nosbons'g & Nipissins
Pontiac & Renfrew
Pontiac Pacific June..
Q,ue. & Lake St. John.
Quebec Central.

112.75
56.50
3.00
33.00
15.50
232.71
34.00
13.00
23.60
415.50
36.00
263.30
5.50
4.25
59.33
191.00
153.50
20.50
52.00
.43.00
82 50

95,000
19,375

174,677

'60,519
59,404

"197,010

'41,718
88,817

87,988

345,214

4,728
48,615

109.398
184^78
12,708
60,062
12,000

180,440
980,136
39,972
144,621
12,000

104,495
319,662

18; 770
26,668

796,496
366,715
45,900
114,402
211,500
9,251
20,080
103,725
121,561
2,720
22,092
808,541
22,494
381,177
26,194
110.316
15^33
12,523
24,018
81,850

49,260
315,393
6,761
37,438

"ie'j&o

39,992
107,318
18,338
6,114
16,945
11,800
187,197
5,524
22,487
10,509
5,127
40,034
119,830

Sunf. an

566,043
18,736
120,707
42,307
925
17,809
105.819
145,067
1,705
13,041
38,432
15,953
364,965
10,728
31,610
17,970
9,527
21,469
139,280

"i3i,'l41
177,774
35,530
2,994
40,175

"119,499
105,400

'"i,"66o

44,539

42,408
250,640
316,057
35,530
3,994
100,951

21,740
79,725
119,492
98,863
7,303
114,634
10,833
266,812
20,120
108,780
7,868
22,487
43,735
133,342

Que., Mont. & CharTx
Salisbury & Harvev...
Stanst'd,Shef.& Cham.
Shore Line

South Eastern

260.00
12.35
1.75
81 00

238,828
12,000

187,215
6,000

528,979
18,000

St. Cath. & Niag. Cent.
St. John B. & Ry. Ex.

50,706
17,698
80,481
184,660

def. 7,613
5,022
11,037
92,996

Thousand Islands
Western Counties
Windsor & Annapolis .

Totals

4.08
67.00
116.00

12,390
42,240
101,122

" i,"l03

13,256.66

14,362,870

22,428,249

41,849,329

12,821,262

20,787,469

13.731,769

29,921,788

46,843,827

13,862,590

ALBERTA RAILWAY AND COAL COMPANY.

Line of Road. — Dunmore, District of Alberta, to International Boundary. .174.12 miles.
Sidings, etc., 4.70 miles. Gauge, 3 ft. Rail (steel), 28 and 35 Ibs.

History. — Incorporated by Act of the Dominion Parliament, in 1889, and on December
31st of that year took a lease of the property of the Northwestern Coal and Navigation Co.,
with the option of purchasing it before December 81, 1891. This option was exercised in
February, 1891, the Alberta Ry. and Coal Co. assuming possession of the N. W. C. & N. Co.
as of December 31, 1889. The railroad of the Northwestern Co. extended from Dunmore to
Lethbridge, Alberta, 109.5 miles. The Alberta Co. built the extension to the International

POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA. 1055

Boundary, 64.62 miles, completing it October 1, 1890, and on December 8, 1890, the company
was authorized to open it for traffic. At the boundary line connection is made with the Great
Falls and Canada Ry., of Montana. The Alberta Co. has a land grant of 416,000 acres from
the Canadian Government, and acquired through the purchase of the Northwestern Coal and
Navigation Co. title to 1,111.680 acres of farming land and 10,000 acres of coal lands at Leth-
bridge, Alberta, Canada.

Rolling Stock.— Locomotive engines, 17. Cars — passenger, 6 ; freight (box, 10 ; cattle,
6 ; platform, 2 ; coal, hopper, 247), 265 ; caboose, 9 ; flanger and wrecking, 2 ; water, 8 ;
snow ploughs, 2 — total cars, 292.

Operations for year ending June 30, 1891'. — Not reported.

Financial Statement, June 30, 1891. — Capital stock — ordinary shares, $100 each (author-
ized, $742,429.29) subscribed and paid up, $492,429.29 ; preference 6 per cent, shares ($1,-
500,000 authorized), $1,000,000 ; funded debt authorized and paid up, $3,200,807.50 6 per
cent. 1st mortgage debentures, secured by a deed of trust (dated Aug. 11, 1891) on the entire
property. These debentures =are subject to call at £105 on January 1, 1905, or earlier at
option of company, at £115, on six months' notice, power being reserved to purchase deben-
tures on the market at not exceeding £115. Interest payable January 1 and July 1. Trustees,
The Trustees, Executors and Securities Insurance Corporation, Limited. Total capital paid
up, $4,693,236.79; floating debt, $261,929.39— total, $4,955,166.18. Cost of road and equip-
ment, $4,997,728.94.

Directors.— A. T. Gait, "W. M. Ramsay, G. H. Balfour, John Gait, R. W. Cameron,
W. J. Cutbill.

A. T. GALT, President Montreal, Que.

Secretary— G. Edwards London. Eng. | Gen. Manager— E. T. Gait. .Lethbridge, N. W. T., Can.

PRINCIPAL OFFICE AND ADDRESS Lethbridge, N. AV. T., Can.

ALBERT SOUTHERN RAILWAY COMPANY.

Line of Road Projected.— Hope well (Albert) to Herring Cove, N. B 17.00 miles.

Siding, 1 rnile. Gauge, 4 ft. 8$ in. Rail (steel), 56 Ibs.

History. — Chartered April 18, 1878. Road completed during the past year, and will be
opened for traffic about July 1, 1892.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; baggage, 1 ; freight flats,
8— total, 10.

Financial Statement, June 30, 1891.— Capital stock (authorized, $150,000) paid up, $125,-
920 ; funded debt (£32,790), $159,588.93 ; government bonuses, $94,000 paid up— total
paid up, $379,508.93. Contra : Cost of road and equipment, $192,000.

Directors (elected July 2, 1891). — Amasa E. Killam, C. J. Butcher, Moncton, N. B. ;
Joshua M. Steeves, Bliss Steeves, Hillsborough, N. B.; David C. Cleveland, Alma, N. B. ;
W. Alder Trueman, Albert, N. B.

JOSHUA M. STEEVES, President Hillsborough, N. B.

Manager, S<c. & Treat.— Vf. A. Trueman.. Albert, N. B. | Solicitor— Charles A. Peck Hopewell Hill, N. B.

PRINCIPAL OFFICE AND ADDRESS Albert, Albert County, isT. B.

BAIE DES CHALEURS RAILWAY COMPANY.

Line of Road as Projected.— Metapedia, Que., to Paspebiac, Que 100 miles,

Completed, June 30, 1891 : Metapedia to Cascapedia River 60 miles.

Sidings, 6 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History.— Chartered May 1, 1882. Power has been given under the new charter to
extend the road to Gaspe, 80 miles beyond Paspebiac. On December 81, 1888, 60 miles were
ballasted and laid with steel rails. By Act 54-55 Vic., ch. 97 (1891), the company was de-

1056 POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA.

clared to be a corporation under the Parliament of Canada, and the time for the completion
of its railway was extended for charter purposes, namely, up to Paspebiac, to the 30th of
September, 1893, and up to Gaspe Basin to the 30th of September, 1895.
The following shows the position of this subsidy :

ACTUAL PRESENT POSITION.

Original Subsidy Granted in 1883, $3,200 per 0 to 20— SO.Miles (Special Vote) $300,000

mile for 100 miles $320.000 i 20 to 40—20 " $6,400 per Mile 128,000

Special Vote, 1885 300,000 40 to 70-30 " " " 192,000

70 to 100-30 " Nil...

$620,000

$620,000

Total payments up to the close of the fiscal year, 1889-1890, covering the distance, 60
miles, up the River Grand Cascapedia, $524,175 ; leaving a balance of $95,825.

No further payments have been made up to December 31, 1891.

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars— passenger, 2 ; freight
(box, 5 ; platform, 16), 21— total cars, 23.

Financial Statement, June 30, 1891.— Capital stock (authorized, $3,000,000) paid up,
$30,000 ; government bonus (authorized, $1,320,000) paid up, $894,175— total paid up, $924,-
175. Cost of road and equipment to July 1, 1887, $776,581.50. Estimated cost of completed
road (100 miles), $2,500,000. The company is authorized to issue bonds to the amount of
its capital stock, but none have yet been issued.

Annual meeting held first Wednesday in May, at Quebec, Que. Books close not less than
ten days previously.

Directors. — James Cooper, J. P. Dawes, Alexander Ewan, James Williamson, Angus
Mel. Thorn, William Cassils, M. S. Lonergan, Montreal, Que.

JAMES COOPER, President Montreal, Que.

Vice-President — J. P. Dawes Quebec, Que. | Treas. and Secretary— A. Mel. Thorn Quebec. Que.

PRINCIPAL OFFICE AND ADDRESS Montreal, Que.

BAY OF QTJINTE RAILWAY AND NAVIGATION COMPANY.

Line of Road. — Deeeronto Junction to Deseronto, Ont 3.5

Trackage : Grand Trunk Ry. : Deseronto Jc. to Napanee 5.0 — 8.5 miles.

Sidings, 3 miles. Gauge, 4 ft. 8| in. Rail (steel, 3.5 miles), 50 Ibs. ; iron, 40 Ibs.

Since July 1, 1891, this company has operated the Kingston, Napanee and Western Ry.
under lease. See statement for that company.

Rolling Stock. — Locomotive engine, 1. Cars — passenger, 1 ; freight flats, 29.

Operations for year ending June 30, 1891. — Train mileage — passenger, 4,382 ; freight,
2,191 ; mixed, 15,337— total, 21,910 miles. Passengers carried, 9,970. Tons freight moved,
96,120. Earnings— passenger, $2,580.59 ; freight, $26,143.60; mail and express, $1,093.77 ;
other, $1,299.36— total, $31,117.32. Expenses— maintenance of way, $2,582.28 ; mainte-
nance of cars, $373.47 ; transportation, $5,824.86 ; motive power, $5,416.24 ; general expen-
ses, $1,109.51— total, $15,306.36. Net earnings, $15,810.96. Paid dividends, $37,322.69.

Financial Statement, June 30, 1891.— Capital stock (authorized, $500,000) paid in,
$100,000 ; funded debt, $10,500— total, $110,500. Contra: Cost of road and buildings, $65,-
731. 85; equipment, $21,768.15 : other assets, $23,000— total, $110,500.

Funded debt consists of mortgage bonds, dated October 17, 1881, due August 10, 1902,
interest payable, $10 per annum.

Annual meeting in March, at Deseronto, Ont. Registrar of stock, F. S. Rathbun.
Three dividends have been paid to date.

' Directors (elected March, 1892).— E. W. Rathbun, F. S. Rathbun, W. R. Aylsworth,
R. C. Carter, C. A. Millener, R. Rayburn, Herbert B. Rathbun, Deseronto, Ont.

E. W. RATHBUN, President Deseronto, Ont.

Sec., Treas. A Trans. Ar/t.—F. S. Rathbun. Deseronto, Ont. | Auditor— C. A. Millener Deseronto, Ont.

PRINCIPAL OFFICE AND ADDRESS Deseronto, Ont.

American Bank Note Company,

78 TO 86 TRINITY PI,ACE, NEW YORK.

BUSINESS FOUNDED, 1795.— INCORPORATED UNDER LAWS OF STATE OF NEW YORK, 1858.— REORGANIZED, 1879.

ENGRAVERS e. PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange- Better Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IN THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES.

WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING.

Special papers manufactured exclusively for use

of the Company.

SAFETY COLORS. - - SAFETY PAPERS.

WORK EXECUTED IN FIRE-PROOF BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,

AND

ILLUMINATED SHOW CARDS

OF THE MOST APPROVED STYLES.
NUMBERED, LOCAL ANO COUPON TICKET^ of any Size, Pattern, Style, or Device with Steel Plate Tints.

LITHOGRAPHIC AMD TYPE PRINTING,

SHOW CARDS, LABELS, CALENDARS.

Blank: Bookzs of Every Description.

TRUSTEES:

JAMES MACDON6UGH, PRESIDENT.

AUG. D. SHEPARD,— VICE-PRESIDENTS— TOURO ROBERTSON.

THEO. H. FREELAND, SECRETARY & TREASURER.
JNO. E. CURRIER, ASST. SECRETARY. J. K. MYERS, ASST. TREASURER.

P. C. LOUNSBURY, JOS. S. STOUT, J. B. FORD,

H. PORTER, W. J. ARKELL, E. C. CONVERSE. ELLIOTT F. SKEPARD

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POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA. 1057

BTJCTOUCHE AND MONCTON RAILWAY COMPANY.

Line of Road. — Moncton, X. B. , to Buctouche, X. B 32 miles.

Sidings, 3.25 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History. — Road opened to I. C. Ry. Junction, September, 1887, and to present terminus
February 20, 1888. Road formally opened for passengers and freight business, September 1,
vv^ The Dominion Government granted this company a cash bonus of $3,200 per mile,
equalling $102,400 for its 32 miles, of which $67,020 had been paid to December 31, 1891.

Rolling Stock, June 30, 1890. — Locomotive engines, 2. Cars — passenger, 2 ; freight,
(platform, 20 ; caboose, 1), 21— total cars, 23.

Operations for five months ending June 30, 1890. — Train mileage not reported. Pas-
sengers carried, 8,424. Tons freight mored, 6,310. Gross earnings, $12,647.08. Operating
expenses, $13.227.03. Deficit, $519.95.

Financial Statement, June 30, 1891.— Capital stock, $250,000 ; funded debt, $310,000 6
percent, bonds; government bonus (authorized, £198,400) paid up, $161,520 — total capital
paid UP, $731,520.

Directors. — Louis G. de Bertram, Xe\v York, X. Y. ; C. F. Stevens, Thos. M. William-
sou, Philadelphia, Pa. ; C. N. Skinner, St. John, X. B. ; John Harris, A. E. Killam, Mouc-
ton, X. B. ; A. Renaud, Buctouche, X. B.

Loos G. DE BERTRAM, President Xew York, X. Y.

rice-Prescient— So\m Harris Moncton. X. B. ; Sec. <€• Treat.— Thos. M. Williamson Moncton, N. B.

PRINCIPAL OFFICE AND ADDRESS Moncton, X. B.

BROCKVILLE, WESTPORT AND SAULT STE. MARIE RAILWAY CO.

Line of Road. — Brockville, Ont., to \Veetport, Out 45 miles.

Sidings, 2.5 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs. per yard.

History. — Work was commenced on this road January 11, 1886, and 40 miles, from
Westpoint to Lyu, completed and opened July 12, 1888 — the remaining 5 miles from Lyn to
Brockville were opened June 3, 1889. The company was granted a bonus of $128,000 by the
Dominion Government and bonuses by the municipalities, amounting to $116,000. Further
bonuses have been voted — $64,000 by the Dominion Government and $165,000 by the Prov-
ince of Ontario, to aid in the extension towards Palmer Rapids. Total paid by Dominion
Government to December 31, 1891, $105,200.

Rolling Stock, January 1, 1891. — Locomotive engines, 2. Cars — passenger, 2 ; baggage,
mail and express, 1 ; freight (box and stock, 20; platform, 10), 30 — total cars, 33. Also 14
platform cars acquired through car trust.

Operations, etc. — Xot reported ; road operated by the contractor during the past year.

Financial Statement, June 30, 1891. — Capital stock, authorized and paid in, $1,185,000;
funded debt, 5 per cent, bonds, $1,125,000; Dominion aid, paid up, $92.400; municipal
bonus, $116,000 — total capital paid up, $2,518,400. The company contracted for the con-
struction and equipment of the line for the subsidies mentioned above, and also '$25,000 per
mile in stock and $25,000 per mile in bonds. •

Directors (elected December 21, 1891).— R. G. Hervey. W. H. Cole, G. H. Weatherhead,
D. W. Downey, R. Bowie, Chilion Jones, James Mooney, D. Derbyshire, H. T. Fitzsimmons,
Brockville, Ont. ; Samuel Hunt, Cincinnati, O. ; W. G. Parish, Athene, Ont.

R. G. HERYEY, President Brockville, Ont.

W. H. Cole, Vice -President Brockville, Ont.

• /-—James Mooney Brockville, Ont. j Secretary— E. A. Geiger Brockville, Ont.

General Manager — Samuel Hunt. . Cincinnati. O.

PRINCIPAL OFFICE AXD ADDRESS Brockville, Ont.

CANADA ATLANTIC RAILWAY COMPANY.

Line of Road. — Ottawa, Ont. , to Lacolle 138 miles.

Sidings, etc., 40 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

67

1058 POOR'S MANUAL — CANADA ATLANTIC RY. CO.

History. — The authorized line of this road carries it to the International Boundary line,
beyond Lacolle, to which point the road is located, with an extension from Ottawa terminus'
to Chaudiere Falls, which was completed last year. A branch from Glen Robertson to
Hawkesbury, 21 miles, was opened in January, 1892. An extension from Ottawa to Parry
Sound, about 150 miles, is projected. The line is operated to Rouse's Point, N.Y., by use of
four miles of the Grand Trunk Ry. ; and from Rouse's Point to St. Albans, Vt., 24 miles, the
Central Vermont RR. is used. The company also runs over the Canadian Pacific Ry. from
Coteau to Montreal, 39 miles, under traffic contract.

The following is from the report of the Department of Railways and Canals for 1891 :

" By the Acts 48-49 Vic., ch. 59 and 49 Vic., ch. 10, the Canada Atlantic Ry. Co. were subsidized to the ex-
tent not exceeding $134,400 for a line from Clark's Island, in the St. Lawrence, opposite Valleyfield, through
Lacolle to the International boundary, about 50 miles ; also from the present Ottawa terminus to the Chaudiere
Falls ; and under the authority of Orders in Council, dated the 17th of September, 1885, and 1st of July, 1886.
contracts have been made with the company for the work in question. The date for full completion was extended
by an Order in Council of the irth of November, 1888, to the 1st of August, 1890. Under date the 4th of Decem-
ber, 1888, the company applied for the inspection of the Chaudiere section.

" Upon due inspection, payments were made, under Orders in Council, to the extent of $102,355.20 ; the
work done and so paid for comprising the whole portion between Clark's Island and Lacolle, a distance of 43.18
miles ; also the section, 3 miles, between the terminus at Ottawa and the Chaudiere Falls, on the River Ottawa,
leaving a balance of $32,041.80 to cover work yet remaining to be done. This balance, however, lapsed on the 1st
of August, 1890.

" By the Act 50-51 Vic., ch. 24, the grant of a subsidy not exceeding $180,000 was authorized for a bridge
across the River St. Lawrence at Coteau Landing, on the line of this railway.

" The Canada Atlantic Ry. Co. possess powers under the Acts 35 Vic., ch. 83, and 42 Vic., ch. 57, to build
this bridge, subject to the approval of the Governor General in Council, and upon Proclamation in the Canada
Gazette showing such approval. The company having submitted satisfactory plans of the proposed work and
site, these were approved by Orders in Council of the 23d February, 1887, and 26th of November, 1888 ; and a
proclamation was published in the Canada Gazette on the 10th of December, 1888, accordingly.

" An agreement, dated the 5th of December, 1888, was entered into with the company for the construction of
the said bridge, a low-level structure with a swing, on certain conditions, specifications and descriptions approved
by an Order in Council of the 12th of that month, with a view to their obtaining the subsidy authorized by the
Act 50-51 Vic., ch.JJi, above mentioned.

" A supplementary agreement, framed in the interests of navigation and of the public, for the operation of
the swing to be buity in this bridge, has been approved by Orders in Council of the 29th of December, 1888, and
9th of January, 1889, and will be neld as part and parcel of the main agreement for the construction of the bridge.
It requires the maintenance of a signal service at a point about one mile above the bridge, and the observance of
such rules and regulations as are considered necessary for the protection of traffic down the navigable channel of
the river.

" The main features of the bridge are as follows : From the north shore to Giroux Island, five spans, one 154
feet clear opening ; two swing spans each 160 feet clear, and two trasses each 165 feet. From Giroux Island to
Round Island, 11 spans, each 186£ feet clear opening. From Round Island to Clark's Island, four spans, each of
213 feet clear opening, all the above being the width of the openings at summer water level. The total length of the
bridging to be executed, including the spans, is about 4,100 feet. The superstructure is of iron-rivetted lattice
work, the width 16 feet clear inside the end posts, and the minimum height 32 feet, the rail level being 20 feet
above minimum summer water level. The estimated cost of the superstructure, including the swing, is $470,000.

rranted for

During the fiscal year the sum of $30,188 was paid, making the total payment of $180,000, the full amount
this bridge."

Rolling Stock. — Locomotive engines, 26. Cars — passenger, 6 ; baggage, etc., 3 ;
freight (cattle and box, 2,810; platform, 337 ; coal, 6), 3,153. Also 1 steam transfer boat.

Operations for year ending June 30, 1891. — Train mileage (passenger, 193,770 ; freight,
235,046), 428,816 miles. Passenger and freight traffic not reported. Earnings — passenger,
$100,311.95; freight, $368,558.54; mail, express, etc., $41,152.89; other, $48,808.17— total,
$558,831.55. Operating expenses, $337,753.93. Net earnings, $221,077.62.

Financial Statement, June 30, 1891.— Capital stock, common, $2,000,000; preferred,
$1,000,000 ; government bonus, ($784,400 authorized), paid up, $737,355.20— total, $3,737,-
355.20. Cost of road and equipment, including bridge, ^6,746,223,82.

The company completed a bridge 4,100 feet long over the St. Lawrence River at Coteau,
and opened same February 1, 1890. To provide the means for this and other purposes,
$3,500,000 1st mortgage 5 per cent. 20-year gold bonds were issued, dated January 5, 1889,
due January 5, 1909, interest payable in New York, January and July. These bonds are se-
cured by a mortgage covering both the railroad and the bridge. Trustee, Farmers' Loan and
Trust Co., New York, N. Y.

Directors (elected May 26, 1891).— J. R. Booth, G. H. Perley, C. J. Booth, J. F. Booth,
William Anderson, C. B. Powell, Neil Mclntosh, Ottawa, Ont. ; E. C. Smith, St. Albans, Vt.

J. R. BOOTH, President Ottawa, Ont.

G. H. Perley, Vice- Resident Ottawa, Ont.

Secretary and Treas.—A. W. Fleck Ottawa, Ont. | General Manager— E. J. Chamberlain Ottawa, Ont.

PRINCIPAL OFFICE AND ADDRESS Ottawa, Ont.

POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA.

1059

CANADIAN PACIFIC RAILWAY COMPANY.
Main Lines of Road :

Main Line. — Montreal to Vancouver 2,904.6 miles.

EASTERN DIVISION.

Quebec Section : Quebec to St. Martin's Junction 159.8

Piles Branch : Piles Junction to Grand Piles 26.9

Joliette Branch : Joliette Junction to St. Felix 16.8

Berthier Branch : Berthier Junction to Bertbier 2.0

Aylmer Branch : H ull to Aylmer , 7.5

St. Jerome Branch : St. Therese Junction to St. Jer6me 13.6

St. Lin Branch : St. Lin Junction to St. Lin 15.0

St. Eustachc Branch : St. Therese Junction to St. Eustache (5.0

Brockvillc Branch : Carleton Junction to Brockville 45.0

Algoma Branch : Sudbury to Sault Ste. Marie 182.5

Buckingham Branch : Buckingham Station to Village 4.2

Copper Mines Branches : Sudbury 5.0

Lake Temiscamingue Ry. (under construction) 51.0 — 535.3 miles.

WESTERN DIVISION.

Emerson Branch : Emerson to Winnipeg- Junction 64 5«

Selkirk Branch : Winnipeg to West Selkirk 22. 5*

Stonewall Branch : Air Line Junction to Stonewall 18.0*

Gretna Branch : Rosenfeld to Gretna 13.7«

Pembina Mountain Branch : Winnipeg Junction to Manitou 100.1 •

Manitoba Southwestern : Manitou to Deloraine 101.0 *

Manitoba Southwestern : Winnipeg to Glenboro' 104.0 •

Monitoba Southwestern : Elm Creek to Carman 12. 6«

Souris Branch : Kemnay to Oxbow 114. 5-*

Sovris Branch : Oxbow to Coal Fields (under construction) 40.0rf

S"U.ris Branch : Glenboro' to Xesbitt '27.2 ,

Souris Branch : Nesbitt to Souris (under construction) 18.2,

Souris Branch : Deloraiue to Napinka (under construction ) 17.8-^ 654.3 miles.

PACIFIC DIVISION.

J^Teic Westm inster Branch 8.2

Vancouver to Coal Harbor , . . 1.2

Mission Branch 10. 1 — 19.5 miles.

Total of lines owned ' 4,113.7 miles.

LEASED LINES.
ONTARIO AND QUEBEC RAILWAY.

Mile End Junction to South End Lachine Bridge 9.1

Montreal (Windsor St.) to Toronto Junction 339.0

Toronto Junction to Strachan Avenue 3.2

Toronto Junction to St. Thomas 116.1

Toronto Junction to Owen Sound 116.9

Don Junction to Union Station (completed, but not in operation). . . . 5.2

Woodstock to London 26.6

London to Windsor 112.5

Orangeville Branch : Streetsville Junction to Melville Junction. . . . 31.7

Elora Branch : Cataract to Elora 27.3

Teeswater Branch : Orangeville Junction to Teeswater 69.4

Wingham Branch : Glenannan to Wiugham 5.0

QUELPH JUNCTION RAILWAY.

Guelph Junction to Guelph 15.0

ATLANTIC AND NORTHWEST RAILWAY.

Lachine Bridge (south end) to Mattawamkeag 327.0

("Short Line" 10 Maritime Provinces.;

ST. LAWRENCE AND OTTAWA RAILWAY.

Ottawa to Prescott 51.8

Chaudiere Junction to Sussex Street, Ottawa 6.6

New Brunswick Ry 438 8

Columbia and Kootenay Ry 27.7

Total leased lines ~ 1,728.9 miles.

1060 POOR'S MANUAL — CANADIAN PACIFIC RY. CO.

TRACKAGE (JOINT) RIGHTS.

Maine Central Ry. : Mattawamkeag to Vauceboro 56.1 miles.

OPERATED.

* South Eastern Ry. and Branches 230.1 miles.

* Qu'Appelle Lg. Lk. & Saskatchewan Ry. (Regina to Prince Albert). 249.3 miles.

* Calgary & Edmonton Ry.

Calgary to Edmonton 191.8

Calgary to Fort Macleod (under construction) 110.0 — 301.8 miles.

Total mileage worked and under construction 6,679.9 miles.

SUMMARY.

Mileage included in C. P. R. traffic returns 5,766.5 miles.

Mileage of other lines worked 671.2 miles.

Mileage under construction, including Calgary and Edmonton 242.2 miles.

Total 6,679.9 miles.

Gauge, 4 ft. 8| in. Rail (steel), 56, 60, and 72 Ibs.

History. —Incorporated February 17, 1881. The charter coalers large powers on the
company, such as the right of constructing branches aloug the entire length of line, of estab.
lishing steamship lines at its termini, and of constructing and working telegraph lines. The
company was subsidized by the Dominion Government to the extent of $25,000,000 in money
and 25,000,000 acres of land, and has had transferred to it by the government, free of cost,
713 miles of railroad, built by the government at an expense of about $35,000,000. Of the
main line, 345 miles, from Montreal to Callander, together with the St. Lin, St. Jerome, St.
Eustache, Aylmer, Brockville and Perth Branches, aggregating 98 miles, in all 443 miles,
were acquired by purchase.

On June 9, 1881, the Canadian Pacific Railway acquired all the rights of the Canada
Central Railway, extended it to Callander, and incorporated it with the Canadian Pacific sys-
tem. In March, 1882, the western section of the Quebec, Montreal, Ottawa and Occidental
Railway from Ottawa to Montreal (120 miles and branches) was also purchased. The line
from Callauder to Port Arthur was completed by May, 1885. The whole line was completed
by November 7, 1885, but was not opened for through traffic until June 28, 1886. The exten-
sion of the main line from Port Moody to Vancouver (14 miles) was opened for traffic on May
26, 1887, and that of the Algoma Branch from Algoma Mills to Sault Ste. Marie iu January,
1888. During the year 1884 the company took a perpetual lease of the Ontario and Quebec
Ry., its extensions and its leased lines, the Credit Valley, the Toronto, Grey and Bruce, and
the Atlantic and Northwest Rys. The company pays 5 per cent, on $19,502,591 debenture
stock and 6 per cent, on $2,000,000 common stock of the Ontario and Quebec, and a rental
for the Toronto, Grey and Bruce Ry. of $140,000 per annum. On September 20, 1885, the
company acquired control of the North Shore Ry., from St. Martin's Junction to Quebec, and
branches, 159.1 miles, at an annual cost of about $200,000. The company has also acquired
by lease the Manitoba Southwestern Colonization Ry., and the St. Lawrence and Ottawa Ry.

In the session of 1884 the Dominion Parliament authorized a loan to this company of
$29,880,912, due May 1, 1891, with interest at 5 per cent, per annum, the money to be paid
to the company as the work of construction proceeded, the company on its part agreeing, in
consideration of such loan, to proceed with the work of construction and complete it by the
end of May, 1886. To secure repayment of this loan a lieu was created upon the entire prop-
erty of the company, including the land grant, subject, however, to the outstanding laud
grant bonds and to existing mortgages on the line from Callander to Montreal. The govern-
ment was to hold the balance of the company's unissued stock, $35,000,000 ; but by legislation
in 1885 this lien was removed, the company being authorized to issue $35,000,000 5 per cent,
bonds in lieu of the $35,000,000 stock held by the government, which has been cancelled.
The government accepted $20,000,000 of these bonds as security for a like amount of the
loan ; and for the balance of the loan, $9,880,912, held a lien, subject to the outstanding

* The receipts and expenses of these lines are not included in the accounts of the Canadian Pacific, nor is the
company subject to any rent charge in respect of them.

POOR'S MANUAL — CANADIAN PACIFIC BY. CO.

1061

land grant bonds, on the unsold lands of the company. On March 30, 18S5, a new agreement
was made with the government, under which the company repaid all its obligations to the
government, paying in cash the $20,000,000 secured by the 5 per cent, bonds held by gov-
ernment, and the balance, £9.880,912, in lands at the rate $1.50 per acre.

In 1884 the Government of British Columbia granted, in consideration of extension of
main line; about 9 square miles of laud, upon which a city has been laid out and named Van-
couver. Arrangements have been made with the Pacific Coast SS. Co. for a connection
between Pacific terminus and San Francisco. Early in 1887 a steamship line was opened
between Port Moody and China and Japan, the first steamer leaving Yokohama, April 20,
1887. During the past year a contract to run monthly mail steamers between Vancouver
and China and Japan was entered into by this company, the British and Dominion Govern-
ments combining to give the company therefor a subsidy for ten years of £60,000 per annum.
In June, 1890, this company obtained control of the Duluth, South Shore and Atlantic, and
Minneapolis, St. Paul and Sault Ste. Marie RR. Cos., and agreed to guarantee the principal
and interest of $20,000,000 4 per cent, bonds to be issued by the former company ; also 4 per
cent, interest on the bonds of the latter.

Rollins? Stock, December 31, 1891. — Locomotive engines, 530. Cars — passenger, bag-
gage, and emigrant sleeping, 517 ; sleeping and dining, 73; parlor, pay, and official, 28 ;
freight and cattle, 14,077 ; conductors' vans, 253 ; boarding, tool, and auxiliary cars and
steam shovels, 398 — total cars, 15,346. In addition to tfce above rolling stock, the company
owns the lake steamers "Alberta," " Athabasca," and " Manitoba/'

Operations for year ending December 31, 1891. — Train mileage — passenger, $5,716,541 ;
freight, 8,605,829 — total, 14,322.370 miles. Passengers carried, 3,165,507 ; carried one mile,
$320,659,836; average mile rate, 1.70 cents. Tons of freight moved, 3,846,710; moved one
mile, $1,391,705,486 ; average ton-mile rate, 0.91 cent.

Earnings.— Passenger §5,459,789 46

Freight 12,665.540 26

Mail... 516,098 45

Express 238,633 25

Other Sources... 1,311.03456

Expenses.— Maintenance of Way, etc $2,519,825 13

Maintenance of Cars 704,446 52

Motive Power 4.217,975 09

Transportation 3,032,475 80

Miscellaneous... 1,756.71357

Total $20.241,095 98 Total $12.231,436 11

Net earnings (39.57 per cent,), £8,009,659.87. Deduct fixed charges accrued daring the
year, $4.664,493.45. Surplus, $3.345,166.42, from which were paid two supplementary divi-
dend:? of one per cent, each on August 17, 1891. and February 17, 1892, amounting to $1,800,-
000, leaving net surplus, $2,045166.42. Surplus from previous years, $2,656,432.83— total
surplus, $4,701,599.25.

Statement of operations, earnings, and fixed charges for the past six years :

1886

1887

1888

1889* 1890*

1891

Nnmhpr nf Paqspiit/frs Pnrrififi

1 SQQ21Q

9 0^7 080

9 9ftf> fUQ

o R-*& KQf\- o 700 an^

•3 1i!5i in-

Number of Passengers Carried

Number of Pass's Carried One Mile.

Number of Tons Carried

Number of Tons Carried One Mile. .

Earnings per Passenger per Mile

Earnings per Ton per Mile

Passengers

Freight

Express

Parlor and Sleeping Cars

Telegraph and Miscellaneous

Total .

150,466,149
2,046.195,

555.43S.159
2.10c.
l.lOc.

8,170,718 09

6.112.37989
•-'05. 1 1-21 IS
206.872 41 [

26-5.154 4.3

174.687,802

2.144,327

687.786,049

1.98c.

1.008 c.

S

3.453,818 49
6.924,130 47
241.94905
235.035 09
176.S26 39
574.155331,

212,766.865
2,496.557

7S4.97-J.511

1 .79 c.

1.02 c.

8

3.800,883 18
8.017,313 661
2(53,34446
244.247 18
187,694 13
682,052 99

2,792.805
253.905,182 274.94".:J-_'S
2,638.1590 3,3;s.5W
967,508.4501.208.014.731
1.78C. 1.74c.

0.915C. O.S4c.

S S

4.623.474 00 4.774.713 76
9,057, 71934 10.10li.644 02
354.044 32 3.V..03S 61
247,606 70; 260,268 43.
239.10314 268,09676
847,19093' 786,76740

3,165,507

380.659.-a3f,

1. 391.705.4S(i
l.TOc.
0.91 c.

|

:..4.->'.i.78946

12,666,54026

516.098 45

288.633 25

303,545 09

1,007,48947

'10.081.803 50 11.606.412 80113,195,586 60 15,369.138 43 16.552.52S 9s 20.241,095 98

6.378.317 05; 8,102.294 64 9.324,760 681 9,241.302 27 10.252.8^8 47 12,281,486 11

Operating Expenses .

Net Earnings : 3. 703.48.; 54 3,504,11816: 3,870,77492 6.127.S36 16 6. 299. 700 51 8.009,659^87

Fixed Charges 3j.n3S.041 84j 3,250.263 81, 3.544,351 00 3,779.132 94 4,246.618 00 4.664.493 45

* The earnings and expenses of the New Brunswick Ry. are included for the last four months of 1681) and
1890, for comparison.

1062

POOR'S MANUAL — CANADIAN PACIFIC RY. CO.

Statement of receipts and disbursements,
RECEIPTS.

Cash on hand, December 31, 1890 $6,020,112 16

Surplus revenue (see page 1061) 3,345,166 42

Land Department. —

Proceeds of land sales $219,369 26

Less expenditure in con-
nection with sales, prem-
iums on bonds, &c 94,990 43

$124,378 83:

Deduct amount remaining in
deferred payments 110.360 65

$14,018 18

Deduct amount of land grant
bonds redeemed and can-
celled 12,500 00-

Dominicn Govt. on account
British Columbia Section
outside of arbitration

Consol. deb. stock, 4 p. c.,
amount issued. . .

1,518 18

26,356 00
r,036,386 65

Deduct decrease in station balances, ac-
counts receivable, etc

$16,429,539 41

184,149 63

year ending December 31, 1891 :

DISBURSEMENTS.

Interest on funded debt and rentals of
leased lines due Jan. 1, 1891, and ac-
crued to that date

Construction branch lines

Rolling stock and other equipment
Souris Branch

Additions and improvements main line
and branches

Additions and improvements leased lines

Equipment, lines generally

Telegraphs, extensions, and additions. .

China and Japan steamships and appur-
tenances (expenditures during year in
completion of three vessels and appur-
tenances

Supplementary dividend
paid Feb. 17, 1891 $650,000 00

Supplementary dividend
paid August 17, 1891 .... 650,000 00

ADVANCES.
Land department (see note)

Lake St«itnsl<(jj and Car-Ferry Boal*.—

Amount advanced on construction of..

I Increase in stores and material in hand. ,

Reduction in current liabilities. . .

$1,840,383 58
1,296,662 11

576,000 00

1,559,267 76

984,945 63

983,033 42

50,546 22

1,095,908 28

Total receipts $16,613,689 04

— 1,300,000 00
596.430 31

124,515 42
562,968 13
1,158,593 05

$12,129,253 91

Add treasury assets De-
cember 31, 1891 $6,027,879 33

Less amount for accrued
fixed charges 1 ,543,444 20— 4,484,435 13

Total disbursements $16,613,689 04

NOTE.— Land department advances: Interest advanced against lands, $607,543.11. Deduct— surplus proceeds
from town sites, $127,618.90 ; collections on deferred payments, $11,568.97— total, $139,187.87, less $88,900.41 expen-
ditures for cleaning, improvements, etc., and $39,174.66 amount invested in hotels and other buildings, leaving
net deduction of $11,112.80. Net advances as above, $596,430.31.

The expenditures ($3,840,875.50) as per above statement for construction and improve-
ment were on the following divisions and branches :

Quebec to Callander 503 miles $477,669 47

Oallander to Port Arthur 649 miles 326,519 05

Port Arthur to Donald 1,454 miles. . . . 452,654 48

Donald to Pacific Coast 461 miles. .. 287,500 35

Total on Main Line $1,544,343 35

BRANCH LINES :

Selkirk Branch

Southwestern Branch

Algoma Branch ,

$1,388 45

1,926 76

11,609 20

Mission Branch

Souris Branch

Buffalo Lake Branch

Lake Dauphin Branch . . .

170,750 51

1,123,761 57

1,537 24

612 79

LEASED LINES :

Ontario and Quebec Ry. System 776,833 25

Atlantic and Northwest Ry 197,260 77

Manitoba Southwestern Coloniz. Ry 10,851 61

Total, all Lines .

$3,840,875 50

Dividends have been paid as follows : February, 1882, 6 per cent. ; August, 1882, 3 per
cent. ; February, 1883, 3 per cent. ; August, 1883, February, 1884, August, 1884, and Febru-
ary, 1885, 2i per cent, each ; August, 1885, February and August, 1886 to 1889, and semi-
annually since, 1^ per cent. each. ; 1890 and 1891, 5 per cent., of which 2 per cent, was sup-
plementary out of earnings.

Annual meeting, second Wednesday in May. Books close in New York and Montreal
one week, and in London not, less than two weeks, previous to meeting. For dividends,
books close in New York and Montreal two weeks, and in London not less than three weeks,
in advance of payment. Stock listed in New York, London, Montreal, Amsterdam, and Berlin.

POOR'S MANUAL — CANADIAN PACIFIC BY. CO.

1063

Balance sheet, December 31, 1891.

Cost of Road ............................

Equipment ..............................

Rea] Estate at and near Montreal ........

Dominion Government Guarantee Fund.
Advances Southeastern Ry ..............

Accounts Receivable, etc ................

A. & N. W. Ry. 5 p. c. Guar. Stock .....

Columbia and Kootenay Ry. 1st mtge. 4~.
Advance* on Lake £ Ferry Steamers ____

Materials on Hand ......................

Advances on Land ......................

Deferred Land Payments ................

Deferred Town Site Payments ..........

China and Japan Steamships ...........

Treasury Assets .......................

$159,488.722 61
15.585,068 14

285.490 63
3,712.532 01
1 ,604

5,702,902 20
3.240.000 00

693,500 00

652.333 34
2.524.000 82
1.415.899 55
1.970,094 21

179,316 04
3.471.587 69
6,027.879 33

Total Assets ....................... $206.554.127 10

Capital Stock

Funded Debt .........................

Consolidated Debenture Stock, 4 p. c ...
Land Grant Bonds
Interest and Rentals
Government Cash Subsidy
Municipal Bonuses
Net Receipts Laud Sales
Town Sites (unmortgaged)
Unpaid Vouchers and 'Accounts
Supplementary Dividend. Feb. 17. 1892.
Surplus Earnings

$65.000,000 00

47,956,686 33

19.770.492 65

18,426.000 00

1 .543.444 2u

25,000,000 00

348.661 29

19,558.781 40

686.550 34

2.911,911 64

650 000 00

4.701,59925

Total Liabilities $206.554.127 10

The fixed charges for the year were as follows :

£7.191.500 1st Mortgage Bonds. 5 p. c $1.749.931 66 . £1.695.312 10x. id. 4 p. c. Con

$7,000,000 Province of Quebec 350,000 00

£99,600 North Shore Ry. l«t Mtge. 5 p. c ... 24.236 00
» > Canada Central 2d Mtge. 6 p. c. ... 58.400 00
Canada Central 1st Mtge. Sinking Fund 51.100 00
£200.000 St. Lawrence & Ottawa let v

4 p. c 38.9*3 34

MJ Man. S. W. Col. Ry. 1st Mtge.

5 p. c 127,20000

Toronto. Grey and Bruce Rental 140.000 00

£4,007.381 15*. 5./. Ont. & Que. 5 p. c. De-
benture stock 975.129 56

$2,000,000 Out. & Que., ordinary stock,
6p.c 120,00000

£1.330.000 Atl. & N. W. Ry.
lstMtg.,5p. c £66.500

Less amt. from Dom. Gov. ..

Deben. stock
Rental of Line Mattawamkeag to Vance-

boro'

£142,500 4 p. c. Deb. Stock on C. & K. Ry.
£68,062 Hte. 4 p. c. Deb. Stk. on Miss. Br. I
£220.i.iOO 4 p.c. Deb. Stock on 55m. Souris f

Br. — 5 months from August 1 J

Ren. of part. S. E. Ry. F'nhamtoB'gham Jc..
£750,000 Algoma Branch 1st Mtge. 5 p. c...

Rental New Brunswick Ry . System

$330.020 83
23,800 00

34.923 40

1,400 00
182,500 00
320.585 32

£28.013 14*.- $136,333 34

Total $4.664.493 45

V\ie funded debt December 31, 1891 ($86,153,178.98), consisted of—

$34,938.633.33 <£7.191,500i 1st mtse. 5 p. c. gold 30-year sterling debentures, due in 1915.

850,000.00 Canada Central Isfmtge. 5 p. c. sinkins fund £100 and £500 bonds, due Oct. 1, 1899.
973.333.33 " " 2d •• 6 p. c. bonds, due 1910.

3,500.000.00 Bonds due Province of Quebec on Q.. M.. O. & O. Ry. » Interest 5 p. c.. payable April and October;
3,500.000.00 " North Shore Ry. " "» principal payable 1902 and 1904.

3,650,000.00 <£750,000i Algoma Branch 1st mtge. 5 p. c., due Julv 1, 1907, interest January and July.

484.71H.6T North Shore Ry. Bonds.

3,426.000.00 Land Grant 1st* mtge. 5 p. c. 50-year bonds, due Oct. 1. 1931. interest April and October.
15.000.000.00 3* p. c. Land Grant bonds, or inscribed stock, due 1938.
19.770.492.65 4 p. c. debenture stock.

The first mortgage debentures are in denominations of £100, £500, and £1,000, and are
coupon with privilege of registration, principal and interest being payable at office of Baring
Bros., London, principal July 1, 1915, and interest semi-annually, January and July. The
$850,000 5 per cent. Canada Central 1st mortgage bonds (for redemption of which, and pay-
ment of interest, a sinking fund of $1.500,000 has been deposited with the government), are
due September 1, 1899 ; the 2d mortgage bonds, November 1, 1910. The mortgages to the
Government of Quebec are payable March 4, 1902-1904, interest 5 per cent, semi-annually.
These mortgages apply only to the purchased lines they cover — the Canada Central, the Xorth
Shore, and the Q., M., 0. & 0. — and are not a charge on the Canadian Pacific Ry. proper.

Land Grant Bonds. — The company executed a mortgage and issued bonds for $25,000,-
000 on their entire land grant of 25,000,000 acres. Of these bonds the government accepted,
in 1881, $5,000,000 as security for the maintenance and continuous working of the railway
for ten years after completion, but under the agreement of March 30. 1886, $4,000,000 of

1064 POOR'S MANUAL — CANADIAN PACIFIC RY. CO.

these bonds were returned, and on the bonds returned, the government will not require pay-
ment of interest so long as no default occurs. Authority to cancel the said $4,000,000 bonds
was given under the agreement of April 18, 1888. A further $8,996,000 of the bonds were
deposited with the government as security without interest under the Loan Act, 1884, but
were cancelled under the later agreement of March 30, 1886. Altogether $20.574,000 of the
bonds have been redeemed and cancelled. Of the $4,426,000 bonds of this issue still alive,
the government holds $1,000,000 in trust, not bearing interest, which leaves $3,426,000 out-
standing as above. The principal is redeemable at Montreal, on October 1, 1931, unless
previously tendered in payment of lands at 110 per cent, and accrued interest, or redeemed
out of the proceeds of land sales, either by purchase or by drawings at 10 per cent, premium.
(See also statement of ,,Land Grant, on page 1066.)

Sterling Perpetual 4per cent. Consolidated Debenture Stock. — In November, 1889. Baring
Bros. & Co., Limited, London, England, invited applications for £903,375 stock, at the price
of 90 per cent., issued under the powers conferred by the Canadian Pacific Ry. Act. 1889 ;
and in July, 1890, a further amount of £1,000,000 was offered by the company for public
subscription, at 97^ per cent. Interest (running in the latter case from July 1, 1890) is paya-
ble at the company's London office, on January 1 and July 1. The proceeds of £835,312 10s.
of the 1889 issue were to be applied to take up $3,240,000 5 per cent, preferred stock issued
by the Atlantic and Northwest Ry. Co. ; to complete the construction and equipment of its
railway, on which the interest is guaranteed by this company, and the balance to complete
the Mission Branch to a connection at the international boundary with the Seattle, Lake
Shore and Eastern RR. Of the £1,000,000 offered in 1890, £720,000 was in respect of three
steamships being built for the company's service to China and Japan, and the balance, £280,-

000, for rolling stock, betterments, etc. (Act 1889). During 1891 the amount outstanding
was increased to $19,770,492.65. By Act of Parliament the company has recently been
authorized to issue this stock in exchange for bonds or stocks bearing an equal or greater
rate of interest, and which have already been guaranteed by the company. The company
proposes to issue an additional £8,000,000 of this stock during 1892. ^The Souris Branch
bonds and Kootenai Branch bonds, issued early in 1891, were subsequently retired by exchange
for an equal amount of this stock. The stock will be registered and transferred at the
London office.

Algoma Branch Five per cent. First Mortgage Bonds. — Secured by first mortgage on the
Algoma branch, which extends from Sudbury, on the company's main line, to the bridge
over the River Ste. Marie, and was opened for traffic on January 2, 1888. There are 250
bonds of £1,000 (numbers 1 to 250), 400 of £500 (numbers 251 to 650), and 3,000 of £100
(numbers 651 to 3,650), all bearing interest at the rate of 5 per cent, per annum from January

1, 1888, payable at Baring Bros. & Co., Limited, on January 1 and July 1, where the principal
is also redeemable on July 1, 1937. The bonds may be exchanged for registered certificates
at the same place. Sir Charles Tupper and Lord Revelstoke are the trustees for the bond-
holders.

Three-and-a-half per cent. Fifty-year Land Grant Bonds or Inscribed Stock.— By an
agreement dated April 18, 1888, and subsequently ratified, this company was authorized to
issue $15,000,000 fifty-year three-and-a-half per cent, land-grant bonds secured by a mort-
gage on its unsold lands, consisting of 14,934,230 acres, free from all liabilities, except about
$2,300,000 in respect of old land-grant bonds. The interest is guaranteed by the Dominion
Government, and the net proceeds of the sales of land are to be deposited with the Govern-
ment to constitute a sinking fund for the said bonds, and to bear interest at 3£ per cent, per
annum, to be applied toward satisfying the interest on the bonds ; and when the money thus
deposited with the Government, whether from land sales or other sources, is sufficient to
redeem the principal of the outstanding bonds the mortgage on the land is to be discharged,
and the Government will assume and pay all the future interest as well as the principal, the
company being freed from any liability in respect thereof, the bonds thus becoming the
direct obligation of the Dominion Government. The inscribed stock amounts to £163,800,
and will be transferable in anv amount divisible by £10. There are 800 A bonds of £1,000

POOR'S MANUAL — CANADIAN PACIFIC RY. CO. 1065

(numbers 1 to 800), 2,000 B bonds of £500 (numbers 1,001 to 3,000), and 11,299 C bonds of
£100 (numbers 5,001 to 16,299). Bonds to bearer may at any time be converted into regis-
tered stock at a fee of one-eighth per cent., but registered stock cannot be converted into
bonds to bearer. Interest accrues from July 1, 1888, payable semi-annually on January 1
and July 1, and the principal will become due on July 1, 1938.

Common Stock. — The original share capital was $5,OUO,000, issued at par, which was
increased to $25,000,000 at the first annual meeting, held in Montreal on May 10, 1882, the
$'30.000,000 new stock being sold to shareholders, at the rate of 25 cents per dollar. At a
special general meeting held on Nov. 28, 1882, the capital was further increased by $75,000,-
000 — $40,000,000 of which were sold at an average price of 52 per cent. By an Act of 1885
the balance of $35,000,000 common stock, which had been deposited with the Canadian
Government, was cancelled, and the common stock thus reduced to $65,000,000. All certifi-
cates of stock now issued are stamped so as to show this reduction. On November 10, 1883,
a contract was executed between the company, the Canadian Government, and the Bank of
Montreal, under which the Government, in consideration of securities and cash deposited
with it, bound itself to pay into the bank, as trustee for the shareholders, on February 17
and August 17 in each year, until August 17, 1893, inclusive, a sum of money sufficient to
pay a semi-annual dividend of one and one-half per cent, on the entire outstanding capital
stock of the company. Out of this sum, by the same contract, the Bank of Montreal cove
nants with the railway company to pay the stockholders half yearly dividends at the above
rate. This arrangement was confirmed by an Act passed in 1884. During the construction
of the railway, the railway company arranged to make up the guaranteed dividend to 5 per
cent, per annum by the payment of an additional one per cent, semi-annually. After con-
struction, any dividends declared would be in addition to the guaranteed dividends of 3 per
cent, per annum. In August, 1885, and subsequent half-years, only the 3 "per cent, dividend
guaranteed by the Canadian Government was paid, it not being deemed "expedient to pay
any further supplementary dividends out of capital during the short period which will be
occupied in completing construction ; " but in December, 1889, it was decided that a sup-
plementary dividend of 1 per cent, should be paid February 17, 1890, and each subsequent
half-year, earnings permitting, until the expiry of the Government guarantee in 1893. The
interest on the shares on the London register is payable in London, at the fixed rate, 4s. \\d,
per dollar.

In 1888 an agreement was executed between the Canadian Pacific Ry. Co. and the
Dominion Government, which provides for the termination of the restrictions upon the Do -
minion Parliament imposed by clause 15 of the original contract between the Government
and the company, respecting charters for railways extending to the international boundary.
For the chief points of the agreement see MANUAL for 1888, page 965.

Canadian Pacific Railway Act, 1889. — 1. Under this act the company, being first author-
ized so to do by a special general meeting, may from time to time issue Consolidated Deben-
ture Stock, in Canadian currency or sterling, at a rate not exceeding 4 per cent, per annum,
which stock shall, subject to the prior charges existing at the time of issue, become a first
charge upon the whole undertaking. 2. The amount of this stock which may be so issued
shall be composed of (a} amounts issued to satisfy the existing obligations ; further amounts
(&) for general purposes, the annual interest upon which, in addition to the annual upon the
Consolidated Debenture Stock issued under the next preceding paragraph, together with the
annual interest, dividends and rentals, as the case may be, payable in respect of so much of
the said existing obligations as are still outstanding, shall never exceed the annual charges
set out in the schedules to the act (see below), namely, $4,365,029 ; (c) for the improvement
of the railways held by the company either as owner or lessee, not exceeding in the aggregate
L. S. 500 per mi]e ; (d) not exceeding $830,000 for the completion of a branch line of 11
miles from Mission, in British Columbia. 3. So long as any of the obligations set out in the
schedules to the act is not satisfied, or the stock or other security in respect of which such
obligation exists is not acquired, the portion of such obligation, if any, which has been satis-
fied and the portion of such stock or other security which has been acquired, shall be held

1066

POORS MANUAL — CANADIAN PACIFIC RY. 00.

by the company as still subsisting and continuing as a security pro tanto for the benefit of
the holders of the said Consolidated Debenture Stock, in the same way in all respects as if
the portion so satisfied or acquired had been duly transferred to and was held by trustees for
the benefit of the holders of the said Consolidated Debenture Stock. 4. The amount to be
issued in respect of the Atlantic and Northwest first mortgage bonds shall be governed by
the annual charge thereon specified in Schedule A, until the subsidy in respect of that railway
specified in schedule B shall cease to be paid, after which time the company may make a
further issue of debenture stock in respect of those bonds, on which further issue the interest
shall not exceed $186,600 per annum ; and no debenture stock shall be issued under this act
in respect of the North Shore Railway bonds mentioned in schedule B until the liability of
the company to pay interest thereon shall have become positive. 5. The act does not apply
to any of the lands to which the company is or may become entitled by way of subsidy, or to
any incumbrance thereon.

SCHEDULE OF OBLIGATIONS.

SCHEDULE A.

OBLIGATIONS.

Amount.

Rate
of
Int.

Interest or
Annual Charges.

Date of

Maturity.

Canadian Pacific Ry.— 1st Mortgage Bonds
Algoma Branch — 1st Mortgage Bonds

£
7,191,500
750,000

34,998,633
3,650,000

850,000

p..

5

£ s.
359,575
37,500

10,500
12,000
8,000

1,749,932

182,500

51,100
58,400
38,933
127,200
137,033
162,000
30,806
139,965
120,000
975,129
175,000
175,000

July 1, 1915
July 1, 1937

Sept. 1, 1899
Nov. 1, 1910
June 15,1910
June 1, 1934
Jan. 1, 1937

Apr.'26,'i904
July, 1904

Can. Cent.— 1st Mtg. Bds., original issue, £500,000,
interest to maturity on deposit with Dominion
Government, amount £10,500, added each year,
and bonds retired, leaving amount to be paid at
maturity

Canada Central — 2d Mortgage Bonds : ... .
St. Lawrence and Ottawa— 1st Mortgage Bonds. . .
Man. Southw. Colonization Ry— 1st Mtge. Bonds .
Atlantic and Northwest.— 1st Mortgage Bonds. . . .
Guar. and Preferred Stock
North Shore Ry.— 1st Mortgage Bonds
Toronto, Grey and Bruce— 1st Mortgage Bonds . . .
Ontario and Quebec — Ordinary Stock

200,000
200,000

' 'l,330,666

126,600
719,000

973,333
973,333
2,544,000
6,472,667
3,240,000
616,120
3,499.133
2,000,000
19,562,591
3,500,000
3,500,000

6
4
5

" B

5
4
6
5
5
5

28,013 14

' 6,330

28,760

266,369

" " " Debenture Stock
Province of Quebec on Q. M., O. & O. Ry

4,007,382

Sept. 1, 1902
Sept. 1, 1902

" North Shore Ry . .

86,319,810

4,122,998

SCHEDULE B.

North Shore Ry.— 1st Mtge. Bonds in hands of the

£

$

p. c.

£

$

Government on which there is a contingent liabil-

ity of the Co. to pay interest in case at some future

time the earnings of that road become adequate

for the purpose

227,800

1,108,626

5

11,390

55,431

Apr. 20, 1904

Atlan. & Northw. — 1st Mtge. Bds. above mentioned

on which there will be an increased yearly charge
of $186,600 after the Government subsidy of that

amount expires, at the end of 20 years

5

38,486 6

186,600

Jan. 1, 1937

1,108,626

242,031

Land Grant. — The company has a land grant from the Dominion Government of
25,000,000 acres, in alternate sections of 640 acres each, within 24 miles of the road on either
side from Winnipeg to the base of the mountains, of which 6,793,014 acres were surrendered
to the government under agreement of March 30. 1836. The company has issued $25,000,-
000 1st mortgage 5 per cent. 50-year land grant bonds, due October 1, 1931, $1,000,000 of
which are held by the government without interest ; $20,561,500 have been redeemed and
cincelled ; and the balance, $3,438,500, is outstanding. Against this balance the company
holds $1,699,134, interest-bearing obligations on land sale contracts.

"The sales of Canadian Pacific lands last year were 72,674 acres for $294,875, at an average price of $4.05f- per
acre, as against 73,941 acres for $276,586 in 1890, at an average price of $3.76 per acre.

li The sales of Manitoba Southwestern Ry. lands for 1891 were 24,566 acres for $120,070, at an average price^of
$4.88|- per acre ; as against 7,544 acres for $36,078, at an average price of $4.78 per acre.

POOR'S MANUAL— CANADIAN PACIFIC SYSTEM. 1067

"The total sales for 1891 of Canadian Pacific and Manitoba Southwestern lands were 97,340 acres for
$414,945, at an average price of $4.26} per acre, against 81,485 acres for §312,664 in 1890, at an average price of

"Of the lands previously recovered by the company by cancellation of sales. 00,505 acres were resold during
the year at a profit of $38,665."

The position of the Canadian Pacific Land Grant at December 31, was as follows : Original grant, 25.000,000
acres; surrendered to Government under agreement of March 30, 1886,6,793,014 acres — total. 18.206,966 acres.
The company has earned on account of its Souris Branch land grants. 905,600 acres— total, ID. 112.5*6 acres. Salea
to December 31, 1891, 3,674,426 ; less cancelled in 1891, 6,040—3,668,386 acres, leaving quantity of land unsold, 15,-
444,200 acres.

The position of the Manitoba Southwestern land grant at the end of the year was as follows : Total grant,
1,396,800 acre? : gales to December 31, 1801. 131.012 acre*,- less cancelled in 1891, 1.520—129.492 acres, leaving
quantity of land unsold, 1,2'37,308 acres. Total land owned by the company, 16,711,508 acres.

EXTRACTS FROM THE COMPANY'S REPORT FOR 1891.

" During the past year the Souris Branch was extended 82.T3jy miles to Oxbow, and the Glenboro section of
the Souris Branch was extended to Nesbitt, 6 in:

" The completion of the main line of the Souris Branch to the coal-fields of Southern Assiniboia (40 miles),
on which the grading is well advanced ; the completion of a connection between the Southwestern Branch at
Deloraine and the Souris Branch at Napinka, 17.T9ff miles ; a section of IS. -& miles connecting the Glenboro
Branch at Nesbitt with the Souris Branch at Souris, and a branch of 30 miles westward from the Souris Branch at
Menteith to the well settled Pipestone district, are contemplated for the present year.

"Towards the construction of these lines the Province of Manitoba will give assistance to the extent of
SI, 750 per mile, and to all. except the Pipeetone Branch, a erant from the Dominion Government of 6,400 acres of
land per mile attaches ; and a similar grant is expected forlhe Pipestone Branch.

"It i* also the intention of your directors to commence the grading of a line from the Southern Assiniboia
coal-fields to a connection with your main line at Regina or Moose Jaw, and another line from a point near Fort
MacLeod towards the Crow's Nest Pass. The first named line will open up for settlement one of the best sec-
tions of the company's land grant, and will, with the extension of the Minneapolis, St. P;iul and Sault Ste. Marie
Ry. now being made, afford a direct and necessary'conneetion, under your company's control, between the west
and Minneapolis and St. Paul. The other line i» intended to protect the company's interests in Southern British
Columbia, including the Kootenay district, which is now assuming great impoitance owing to its remarkable
mineral developments.

"The Calirary and Edmonton Ry. has been completed and is now in operation from Calgary to Edmonton,
a distance of 192 miles; on the portion of the line south of Calgary the rails have been laid to High River, a
distance of about 40 miles, and the grading has been completed to a point near Fort McLeod. 110 miles from Cal-
gary. This line is leased to your company for six years without rental, and your company has an option to pur-
chase it at the end of that "time. The negotiations referred to at the last annual meeting looking to its earlier
acquisition were discontinued because of the inability of the Calgary and Edmonton Company to fully comply
with the terms named by your directors.

"The purchase of the Temiscamingue Ry. which was referred to in the last annual report was approved at
an adjourned meeting of the shareholders held on the 24th August last, and this line should be completed either
this year or next as may be found expedient and convenient.

" The Montreal and Ottawa Ry., extending from Vaudreuil to Point Fortune on the west side of the Ottawa
River, an important local line, and one which threatened your company's interests, has been secured on favorable
terms.

" Your directors have agreed to lease the Tobique Valley Ry. and to pay as rental therefore 40 per cent, of
it earnings. The line starts from Perth Centre on the line of the~Ne\v Brunswick Ry.. and runs along the Tobique
River to Plaster Rock, where extensive mineral deposits exist. The length of the line will be about 28 miles, of
which fourteen miles have been completed. The agreement will be submitted for your approval.

"The arbitration between the Dominion Government and the company respecting the section of the railway
built by the Government in British Columbia resulted in an award to the company of $579.255—5202,675 being
for defects already cured by the company, and $376.580 for defects yet to be made good. While this result was
unsatisfactory your directors thought it wise to accept it and end the controversy.

"Another "long standing dispute with the Government has been settled by the cancellation of §1,108,626 of
the bonds of the North Shore Ry.. held by the Government, which constituted" a contingent obligation upon the
company's Quebec line and 'seriously interferred with the freedom of its use.

" By the Loan Acts of 1884-5 a needless and unusual restriction was imposed upon the company preventing
the increase of its ordinary share capital for any purpose ; and in order that your company might have the same
freedom in this regard as is enjoyed by other Ry. companies your directors applied to Parliament at its present
session for the passage of an Act removing this restriction. This Act has become law, and the shareholders will
hereafter be free to determine for themselves, as occasion may require, whether the future capital requirements
of the company shall te provided for by the issue of ordinary shares, or by increasing its mandatory obligations.

" The same Act gives the company authority to issue four per cent. Consolidated Debenture Stock in place
of bonds or shares bearing an equal or greater rate of interest, and which have already been <ruarnnteed by the
company ; this power having been sought both for the purpose of saving interest and simplifying the finances of
the company by consolidating its obligations.

LINES OWNED OR LEASED BY THE CANADIAN PACIFIC RY. Co.

ATLANTIC AND NORTHWEST RAIL.W AY.— Incorporated with power to construct a railway
and telegraph line from the Atlantic seaboard, within the limits of the Dominion, to a port on the east side of
Lake Superior, na Lake Megantic, Sherbrooke, Montreal. Ottawa, and French River : also to construct a part
thereof across the State of Maine ; and to acquire any railway, either in the United States or Canada, between
these points. Under these powers the company, on November 2, 1886. purchased the line of the International
Railway of Canada, with its interest in the International Railway of Maine, and, having assumed the obligations
of that company, obtained the subsidy of §250,000 per annum for 20 years, granted by the Dominion Government
in aid of a line of railway from the south bank of the St. Lawrence RiVer, near Caughnawaga to the harbors of St.
Andrews, St. John, and Halifax. The subsidy was made applicable as follows : In aid of the section from the St.
Lawrence to a junction with the International Railway at Lennoxville. $71,100 per annum ; in aid of the section
from a point of junction with the International Railway at the international boundary to a point of junction with
the Maine Central Railway at Mattawamkeag, $115,500 per annum : and the remainder, $63,400 per annum, in aid
of the remaining portion of the line for which the subsidy was granted. In November, 1887, 35 miles of the rail-
way—from the south end of the Lachine Bridge over the St. Lawrence, the western terminus, to Farnham— had
been completed and opened for traffic, and a further section of about 130 miles was opened on January 1, 1889.
The line extends from Farnham through Lennoxville to Mattawamkeag, there joining the Maine Central Rail-

1068 POOR'S MANUAL — CANADIAN PACIFIC SYSTEM.

way, over which trackage rights have been secured, to Vanceboro1 at the New Brunswick boundary, where con-
nection is made with the railway system of the Maritime Provinces of Canada. The line was opened throughout
on June 3. 1889. The railway was, by an indenture dated December 6, 1886, leased in perpetuity to the Canadian
Pacific Ry. Co., for an annual rental of £28,013 15,?. lor the first twenty years, and of £66,500 thereafter. The
subsidy applicable to the completed portion of the line amounts to $186,600, or £38.4S<> 5x., which will be applied
toward payment of interest on bonds described below, the C. P. Ry. Co. advancing the balance required (#28,013
15.?.') to meet full interest charges, under the terms of its lease.

To provide the means for the construction of this line there was issued in April. 1887, in London, £1.330,000
1st mortgage 5 per cent. 50-year £100, £500, and £1,000 coupon bonds (with registration privilege,), due January 1,
1887, interest payable January and July 1, by Baring Bros. & Co., London. The interest on these bonds
amounts to £66,500 annually, which is guaranteed in the maiiner shown above. The Government and the
Canadian Pacific Ry. Co. respectively contract to pay the sums direct to Baring Bros, on account of the bond-
holders as they become due. After the expiry of the first twenty years the rental shall be paid directly Tjy the
Canadian Pacific Ry. Co. The proceeds of these bonds proving inadequate for the construction of the road, the
C. P. Ey. Co., on March 27, 1889, made a further guarantee of 5 per cent, annually on $3,240,000 preferred stock,
which the company issued to complete the road.

CREDIT VALLEY RAILWAY.— Toronto, Ont., to St. Thomas, Ont., 116 miles : Orangeville
Branch, 31.6 miles : Elora Branch, 27.5 miles— total. 175.1 miles. Total track < steel), 197.70 miles. Chartered Feb-
ruary 15, 1873, and road completed in 1879. Financial Statement.— Government bonus, $531, 000 ; municipal
bonus, $1,085,000— total, $1,616,000. See Canadian Pacific Ry. Co., by which it is leased.

MANITOBA SOUTHWESTERN COLONIZATION RAILWAY.-Winnipeg to Glenboro1,
104.2 miles ; Manitou to Deloraine, 101 miles ; Maryland branch, 6 miles— total isteeli, 211.2 miles. Incorporated
by an Act of the Dominion Parliament in 1879 to build a road from Winnipeg to Rock Lake. Charter amended in
1880 to extend to terminus of Souris River, 312 miles from Winnipeg. The sections from Holland to Glenboro'
(20 miles), and Boissvain to Deloraine (20 miles), were built in 1886. The company has a land grant of 6,400 acres
per mile. Leased in perpetuity, in May, 1884. to the Canadian Pacific Ry. Co.. the latter guaranteeing interest on
the bonds to be issued under the company's charter. Financial Statement- -Capital stock (authorized. $1.000,000)
subscribed and paid up, $700,000 ; funded debt (1st mortgage 5 per cent. $1.000 bonds, due June, 1934, interest
June and December ; authorized, $3,744,000) outstanding, $2.544.000. Government loan, $900,000— total, $4,144,-
000. The bonds are a first charge on the road, but not on the land grant.

ONTARIO AND QUEBEC RAILWAY.— Montreal to Toronto Junction, 334 miles. Main line
opened August 12, 1884. This company leased for 999 years, August 1, 1883, the Atlantic and Northwest, the
Credit Valley, and the Toronto, Grey and Bruce Rye., and transferred them, with its own line, to the Canadian
Pacific Ry. Co. under lease for 999 years from November 1, 1883. the lessee paying as rental 5 per cent, interest on
debentures and 6 per cent, dividends on stock ($2,000.000) of this company, the lessor agreeing to extend its line
from Smith's Falls to Montreal, and to build a bridge across the St. Lawrence River at Montreal, both of which
were completed and put in operation early in 1887. The company also completed a line from Woodstock to
London, 87 miles, opened for traffic November, 1887 ; and thence to Windsor, on the Detroit River a 12 miles ;
opened June, 1890), built by the West Ontario Pacific Ry. Co., whose powers and rights to build a line from
Woodstock to the Detroit River were vested in this company in consideration of the latter issuing bonds at the rate
of $25,000 per mile to cover the cost of construction. Total projected mileage, 728 miles. Financial St-./temfni.
—Capital stock, $2,000,000 ; bonded debt, $16,703,333— total, $18,703,333. ' Six per cent. Capital Wort— The
Canadian Pacific Ry. Co. guarantees dividends on the stock in perpetuity at the rate of 6 per cent., payable half-
yearly to registered stockholders, on June 1 and December 1, at Montreal, Que., or at the office of Morton, Rose
& Co., London, Eng. Five percent. Permanent Debenture stock.— This stock is a first charge upon the entire
consolidated system, limited to $25,000, or £5,137 per mile, including any extensions under the company's
charter ; but the total amount might be increased by £600.000 for the construction of a bridge across the St. Law-
rence River at Montreal. Of this stock £1,970,547 was offered in London in December, 1884, and since then
£2,036.834 have been issued as the line has been extended. Interest guaranteed in perpetuity by the Canadian
Pacific Co., and is payable direct by the lessee to the holders, in London, at the office of Morton, Rose «fc Co.,
half-yearly, on June 1 and December 1. Provision is made that, in case of default in payment of rental or failure
to maintain or operate the railway, the lessors have the power of re-entering on the road, and the holders of the
debenture stock become entitled to vote, thereby obtaining control of the property. Both classes of stock listed
in London ; also quoted at Dublin, Glasgow, and Liverpool. E. B. OSLER, President, Toronto, Ont.

ST. LAWRENCE AND OTTAWA RAILWAY.— Prescott, Ont., to Ottawa, Ont., 53 miles ;
branch. Junction to Chaudiere, 2 miles— total, 58 miles. Total track (steel, 50). 68 miles. Rail, 56, 57.}, and 751bs.
Chartered as By Town and Prescott Ry. Co. May 19, 1850 ; road opened May 10, 1854.- Sold under foreclosure in
1866. and present company organized ; Chaudiere Branch built in 1871. Capital stock. $789,909.20 ; funded debt,
6 per cent. 1st mortgage bonds (described below in detail), $973,334 ; municipal aid, $390,000— total, $2.153,243.20.
Cost of road, $1,903.488.99.

Of the first mortgage bonds £150,000 were issued in 1876 to pay off the outstanding first and second mort-
gage bonds, and the balance of £50,000 were issued in 1880. According to Act of the Canadian Parliament, these
bonds are declared to be a first charge, lien, and security on the railway, its lands, rights, etc. The bonds are to
bearer, redeemable by action of a sinking fund in 1910, both principal and interest being payable in London, at
office of Morton, Rose & Co., Bartholomew House, E. C.. the latter on June 15 and December 15. The coupon
due December 15. 1881, was not paid until March 7, 1882. The subsequent coupons were not paid ; bur. by
arrangement with the Canadian Pacific Ry. Co.. Morton, Rose & Co. announced that they were authorized by
that company to pay to such of the holders of these bonds as deposited their bonds with them the sum of £2 for
every £3 of interest" represented by the coupons due on June 15 and December 15, 1882, and on June 15 and
December 15 in every successive year, the bonds to be given up, and certificates of Messrs. Morton, Rose & Co.
given in exchange, the Canadian Pacific Ry. exercising" all rights and powers incident to the bonds, and to the
realization of the security for the same." The lease to the Canadian Pacific Ry. Co. having been completed, the
bonds were re-delivered upon the surrender of the provisional certificates. The bonds bear the endorsement of
the Canadian Pacific Ry. Co., accepting a lease of the railway for 999 years from December 15, 1881, at a rent
sufficient to pay 4 per cent, interest on 'the bonds, and binding the holders to refrain from claiming the payment
of the principal sum secured by the bonds, and to accept interest thereon at the rate of 4 per cent, instead of 6
per cent, for the whole term of the lease, or until its previous determination by reason of the default in payment
of the rent. The li endorsed " bonds are now quoted in London, Nos. 1 to 1,970 of £100. and 1,971 to 2,030 of

TORONTO, GREY AND BRUCE RAILWAY.— Toronto, Ont., to Owen Sound, 121.5 : Glenan-
nan to Wingham, Smiles ; Western Orangeville to Tees-water and Cardwell June.. 69.5 miles— total, 191 miles.
Total track (Steel, 186.50 miles), 206.5 miles. Chartered in 1868 : main line opened in June, 1873 ; branch ih May,
1874. Leased August 1, 1883. to Ontario and Quebec RR. Co. for 999 years : rental, $140,000. Lease transferred
November 1. 1883', to the Canadian Pacific Ry. Co. The Wingham branch was built dur1n<r 1887. Capital stock,
$785 490 ; bonded debt first mortgage sterling £100 4 per cent. 990 year bomK dated July 26, 1883 (£719,000
500,000; Government aid. $392.594: municipal aid, $969,561.44; capital from other sources, «s:«-.'..>:i.::<i total,
$5,970.228.74. Cost of road and equipment. |5, 547,888. IS. Coupons on bonds payable January and July, in Lon-
don, Ens. (Morton, Rose & Co.\ and at company's office, Toronto, Ont.

POOR'S MANUAL — CANADIAN PACIFIC SYSTEM. 1069

New Brunswick Railway System.

NEW BRUNSWICK RAILWAY.— Gibsou, N. B., to Edmundston, N. B., 164 miles.v Br<n,ct-?.* :
Newbury .Junction to Woodstock. 6 miles ; Aroostook to Maine Boundary, 4 miles — total owned, 174 miles.
New ltru»*wi<-k (ii,*! I'm ..idd R>j.. 127 miles ; sf. John. <t,»i Ma'mr /,'//.. 92 mlies : Frederic-ton Junction
to Fredericton. N. B . -,'•-'..") miles ; I roottook lli>--r A'/,'., 30 miles— total leased. 271. :> miles. Total of ail lines owned
and leased June 30, 1891, 445.5 miles, sidings, 36.5 miles. Gauge, 4 ft. «i in. Kail (steel, 2,465 miles), 68 and
56 Ibs. ] Dtfi ifij. - Chartered as a narrow-gauge road in 1870. Eoad completed to Woodstock May 1, 1873 ; to
Florenceville. June 9. 1875 ; to Grand Falls in December, 1877; to Edmundston in October 1, 1878. The New
Brunswick and Canada RR. is leased for 099 years from July 1, 1882. On July 1. 1883. the company took posses-
sion of the St. John and Maine RR.. under a lease of 997 years from that date. The total length of line operated
on July 1. 18.87. was 4.43 miles. On August 4. 18S7, it was resolved to issue to the principal stockholders £200,-
000 6 per cent, second mortgage bonds of £100 each, in order to pay off the entire floating debt, add to the equip-
ment, and improve the physical condition of the road. The holders of car trust certificates also consented to a
ten years' extension of dates of payment of their obligations. Both the above have now been converted in-to 4
per cent, debenture stock (see below). The New Brunswick Ry. Act, assented to March 2(5, 1890, gave power to
issue 4 per cent, consolidated debenture stock in substitution for existing bond issues and for other purposes.

A later Act increased the amount mainly for the purpose of acquiring all the stocks of the St. John ami Maine

?ed for 990 years to the Canadian Pacific Ry. Co.. which guarantees

Ry. On July 1, 1890, the line was leased for 990 years to the Canadian Pacific Ry. Co.. which guarantees the

interest on the perpetual debenture stock, but does not guarantee either principal or interest ol the bonds men-
tioned below, the issuing company paying the interest "but of the rent received. The lease gave the Canadian
Pacific the option to purchase the 1,650,000 acres of timber lands belonging to the New Brunswick Ry. Co., at a
price equivalent to 56^ cents per acre.

Financial Statement, June 30, 1889 (latest firm ished).— Capital stock, $3,000,000 ; funded debt (1st mortgage
5 percent, bonds. $2,916,683.60; 2d mortgage 6 per cent, bonds, $973,338.38 ; car trust certificates, 6 percent.,
«225.iM)(ii. $4.112,011.88 ; notes payable, $123,000 ; St. J. & M. Ry. stores, leased, $16,771.63 : rentals, $50,434.24 ;
pay-rolls. §45,066.31 ; accounts payable, etc., SH6.S92.G7 ; foreign roads. $8.836.72 : accrued interest, $72,816.67;
profit and loss, $338,984.23— total, $7,888,834,35. Contra: Cost of road, $3,243.945.17 ; construction, Aroostook
River Ry., $438,292.38 ; equipment, §829,666.78 ; lands, $2,772,896.11 ; stock of St. J. B. & Ry. Ext. Co.. $457.14 ;
improvements, leased roads. $360,040.11 : materials and supplies, $132.907.22 ; accounts receivable. $51,817.94 ;
cash. $30.897.35 ; due by agents. $22.914.15.

First Mortgage. Gold^Bond*.— These bonds were issued at the end of 1884 for the purpose of replacing the
£513.1100 1st mortgage bonds of the New Brunswick Land and Lumber Co.. Limited, which were guaranteed in
18^i by this company, and (as to the remaining £87,000) towards the payment for improvements made upon the
railway. They are secured by a first mortgage or deed of trust executed by the company to the Central Co. of
New York, as 'trustee, covering the entire line of railway (174 miles), and all its lands and territory, rolling stock,
franchises, etc.. together with its lease of the Aroostook River RR. A sinking fund derived from the sale of the
company's land will be set apart for the redemption of the bonds. Interest at the rate of 5 per cent, is payable
in gold on February and August 1, at the company's office, or in London, at the office of Melville, Fickus iv < <>.
The principal is repayable on August 1. 1934. The* bonds (which are numbered 1 to 6,000, and are dated August
1. 18s4). are to bearer, but may be registered.

Perpetual Four Per Cent. f'onwlii/aftd Defcnfvre Stock.— Total amount created up to December 3:
£876,816. but only £075.911 actually issued at that date. Out of this the second mortgage bonds, the car trust
securities, and the floating debt had been satisfied, the Fredericton Branch Line acquired, and the common and
debenture stock of the St. John and Maine Ry Co. absorbed. Interest guaranteed by tbe Canadian Pacific Ry.
Co.. payable January 1 and July 1.

Directors. — Donald A. Smith, Robert Meighen. Montreal, Can.; J. S. Kennedy, J. K. Tod. H. O. Northcote,
D. Willis, James S. Thome. New York, N. Y.; E. R. Burpee, C. W. Weldon, J. McMillan, St. John, N. B.; John
Turnbull, Montreal, Que. ROBERT MEIGHEX, President. Montreal, Can.: J.Kennedy Tod, Vice-President, New
York. N. Y.: Alfred Seely, Secretary and Treasurer, St. John, N. B. PRINCIPAL OFFICE AMD ADDRK->-. St.
John. N. B.; New York Agency, J. Kennedy Tod & Co., 45 Wall Street.

AROOSTOOK RIVER RAILROAD.— N. B. Boundary Line to Presque Isle, Me., 30 miles. Char-
tered in 1874 ; road opened to Caribou, 15 miles, in 1876 ; and to Presque Isle, December 2, 1891. Leased to N. B.
Ry. Co.. which owns the entire stock.

FREDERICTON RAILWAY.— Fredericton. N. B., to St. John and Maine Ry., 22.50 miles. Sidings,
2.25 miles. Rail (steel), 56 Ibs. Purchased in 18^4 by the New Brunswick Ry. Co. Capital stock (authorized,
$500,000). $818,200; funded debt. 1st mortgage 6 per cent, bonds (authorized, $200,000) paid up. $100.000; Gov-
ernment (N. B. i and municipal bonuses, $310,000— total, representing cost of road, $728,200.

NEW BRUNSWICK AND CANADA RAILWAY.— Woodcock, N. B.. to St. Andrews. N. B.,
93 miles, with branches to Houlton, 8 : Vanceboro', 7 ; St. Stephen, 19 miles. Total length, 127 miles. Char-
tered as St. Andrew's and Quebec (3 ft. 6 in.) October 5. 1835. Main line from St. Andrew's to Debec Junction
commenced in 1852 and completed in 1861. Branch lines opened to Houlton in 18(32. to St. Stephen in 1866, to
Woodstock in 1868, and to Vancehoro' in 1880. Gauge changed to standard width in 1879. Leased to the New
Brunswick Ry. Co. for 999 years from July 1. 1882, at a rental equal to interest on bonds and stock, as follows :

Main Line guaranteed debenture stock ! £82.000 ($399.067) at 3£ per cent per annum.

St. Stephen Branch bonds. 20 years $160,000 at 6 per cent, per annum.

Woodstock Branch bonds. 20 years 20,000 at 6 per cent, per annum.

Houlton Branch bonds (7 years to run) 24.000 at 6 per cent, per annum.

Stock 28.000 at 6 per cent, per annum.

Main Line, annual rent 35,000.

Represented by ordinary stock, 17,808 shares of $100 each, gives 1.961 per cent, per annum.

Financial Statement, June 30. 1891.— Common stock (authorized, $2.288~.000). $1,178,000 ; preferred stock,
$610,000; funded debt, 6 per cent, bonds, $170,000 : Government (N. B.) aid. $575.000 : municipal aid, $47,500—
total capital, $2,580,500. Cost of road, $3.546.000.

HEXRY OSBURN, President, St. Andrew's ; J. D. Chipmau. Treasurer, St. Stephen. OFFICES, St. Stephen.
New Brunswick.

ST. JOHN AND MAINE RAILWAY.— Fairville. N. B.. to Vanceboro', Me., State Line, 88 miles ;
Carleton Branch (trackage lease), Carleton to Fairville, 4 miles— total, 92 miles. Sidings, etc., 5 miles. Rail
(steel. 88 miles), 56 Ibs. Originally chartered as the European and North American Ry. Co., for extension from
St. John westward ; opened October 18, 1871. Consolidated with the European and North American RR. Co. of
Maine, December 1, 1875, under the title of the Consolidated European and North American RR. Defaulted on
interest July 1, 1875, and tin- New Brunswick Division placed in the hands of receivers September 1, 1876. Sold
under foreclosure August 31. 1878, and purchased by the bondholders, who had previously ^ March 29. 1878) organ-
ized the present company. Leased for 997 years from July 1, 1883. to the New Brunswick Ry. Co. By the terms

1070 POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA.

of the lease, the St. John and Maine Railway Company receives it? mileage proportion of the united earnings, but
with a guarantee that the annual net amount shall never be less than £5,500, with £500 additional for the St .
John Co. orlice expenses, the New Brunswick Co. paying all rates, taxes and assessments. For 1^84 the com-
pany's proportion amounted to £2,907 and £3.250 ; for 1885 to £2.968 and £3,562 ; for 1886 to £3,504 and £2,421 ;
for 1887 to £3,402 and £4.263; for 1888 to £3,757 and £4,365; for 1889 to £4,043 and £4.704 ; and for 1890 (first half)
to £4,342. Financial Statement, June 30, 1890.— Capital stock, $2.054,153.44; funded debt, 5 per cent, bonds,
interest payable in London January and July, $216,664 • Government (N. B.) aid. §1,180.000 ; municipal aid $60-
000— total, $4.110,S17.44. Cost of road, etc., $2,698,589. GEORGE WEBB, President ; C. Bischoff, Secretary. "

Board of Directors, C. P. Ry. Co., elected May 11, 1892.

Sunford Fleming Ottawa, Ont. | Geo. A. Kirkpatrick. Kingston. Ont.

- "— Donald Mclnness.... Hamilton, Ont.
Kichard J. Cross. ..New York, N. Y.

Thomas Skinner London, Eng.

J. J. C. Abbott Montreal, Can.

George Stephen Montreal, Can.

Win. C. Van Home..
Donald A. Smith....
Richard B. Angus... "
Edmund B. Osier Toronto, Ont.

Wilmot D. Matthews.. Toronto, Ont.
Samuel Thomas . . .New York, N. Y.
John W. Mackey. . " "

Geo. R. Harris Boston, Mass.

Executive Committee.— George Stephen, Donald A. Smith, William C. Van Home, Richard B. An^us.

W. C. VAN HOKNE, President Montreal, Que.

T. G. Shanghnessy, Vice-President . . .Montreal, Que.

Secretary — Charles Drinkwater. . Montreal, Que.

Comptroller— 1. G. Ogden

Treasurer— W. Sutherland Taylor "

Man. of London
and Rey. of Trans- }- Harry Moody. . .London, E. C.

fers. \

Agents in New York— Bank of Montreal 59 Wall St., New York, N. Y.

London Offices (Harry Moody, Manager and Registrar) 88 Cannon Street, E. .C.

GENERAL OFFICES Montreal, Que.

CANADA EASTERN RAILWAY COMPANY,

Main Line of Road. — Gibson to Chatham Junction (I. C. RR.) 107

Blackmlle Branch : Blackville to Indian town, N. B 9

Chatham Branch : Chatham Junction to Chatham, N". B 11 — 127 miles.

Sidings, etc., 5 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56£ and 61 Ibs.

History. — Successor to the Northern and Western Ry. Co. (chartered in 1870). For full
history of the N. & W. Ry. Co., see MANUAL for 1890, page 1050. During the past year the
line of the Chatham Branch RR. Co., extending from. Chatham Branch to Chatham, 11 miles,
was amalgamated with this company, making the total mileage of the Canada Eastern Ry.
127 miles.

Rolling Stock, June 30, 1891. — Locomotive engines, 8. Cars — passenger, 6 ; baggage,
mail, and express, 2 ; freight (box, 12 ; platform, 76), 88— total, 98.

Operations for year ending June 30, 1891. — Train mileage — passenger, 73,242 ; freight
and mixed, 96,361 — total, 169,603 miles. Passengers carried, 30, 240. Tons freight moved,
63,475. Earnings— passenger. $22,787.03 ; freight, $56,735.15 ; mail, etc., $5,379.05— total,
$84,901.23. Expenses not reported.

Financial Statement, June 30, 1891.— Capital stock, authorized and paid up, $1,000,000;
government aid (N. B., $353,500; Dom., $344,439.84), $697,939.84; paid up, $689,939.84;
municipal loan, $20,000; capital from other sources, paid up, $211,909 — total capital sub-
scribed, $1,929,848.84 ; paid up, $1,901,848.84. Estimated cost of road, $2,500,000.

Annual meeting, first Tuesday in June.

Directors. — Alexander Gibson, Charles W. Weldon, Alexander Gibson, Jr., Marysville,
N. B. ; J. B. Snowball, W. B. Snowball, Chatham, N. B. ; Byron Winslow, Fredericton, N. B.

J. B. SNOWBALL, President and General Manager Chatham, N. B.

George F. Gregory, Secretary Fredericton, N. B

PRINCIPAL OFFICE AND ADDRESS Gibson, N. B.

CARAQTJET RAILWAY COMPANY,

Line of Road.— Bathurst, N. B., to Shippegan Harbor, N. B 68 miles.

Sidings, 3.25 miles. Gauge, 4 ft 8* in. Rail (steel), 50 Ibs.

POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA. 1071

History. — Incorporated in 1882. Road opened throughout, December, 1887, but was
worked by the contractors until January 1, 1889, when it was taken by the company. (See
MANUAL for 1888, page 1001.)

KoIIin&r Stock. — Locomotive engines, 2. Cars— passenger, 2 ; baggage, etc., 1 ; freight
(box, 2 : coal. 2 : platform, 15), 19— total cars, 22.

Operations for year ending June 30, 1891. — Train mileage (mixed), 28,560 miles. Pas-
sengers carried, 6.907. Tons freight moved, 11,071. Earnings — passenger, $4,297.71 ;
freight, $11,640.22; mail and express, $1,881.23— total, $17,819.16. Operating expenses.
$19,514.49. Deficit from operation. $1,695.33.

Financial Statement, June 30, 1891.— Capital stuck, 8950.000 ; funded debt, $500.000 6
per cent, bonds ; bonus (Dominion Government, $224 000 ; Xew Brunswick Government,
$180,000), $404,000— total capital paid up, $1,854,000. Contra: Cost of road and equipment
to June 30, 1890, $1,488,250. Principal of bonds is payable at par in 1904 ; interest January
1 and July 1, at the Imperial Bank, Limited, Louthbury, London, E. C. The bonds are to
bearer, but may be registered as to principal ; interest in all ca?es is by coupon. Coupons
due January, IS'JO, and since are in arrears. A committee of the first mortgage bondholders
has been appointed to protect the interests of security holders of that class.

Directors. — K. F. Burns, G. Duncan, Jacob White, George C. Sutherland, Batlmrst,
X. B. ; Wm. Walsh, Pokemouche, X. B. ; Joseph Poirier, Grand Aux, X. B. ; Thos. Ahier,
Skippegan, X'. B.

K. F. BURNS, President and General Manager Bathurst. X. B.

Sfcrttary and Treas.—John Livewright.Bathurst, X. B. Superintendent— P. H. Melvin Bathurst. X. B.

Auditor— O. J. H. Stewart...

Transfft- Ar/tnt— William Walsh

PRINCIPAL OFFICE A.ND ADDRESS Bathurst, X. B.

CARILLON AND GRENVILLE RAILROAD COMPANY.

line of Road. — Carillon, Que., to Grenville, Que 13 miles.

Sidings and other tracks, 0.25 mile. Gauge, 5 ft. 6 in. Kail, 65 Ibs.

History.— Chartered June 24, 1848, and road opened October 10, 1854. Operated in
connection with the Ottawa River Xavigatiou Company's steamers.

Rolling1 Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 6 ; freight
(box, 3 ; platform, 3), 6.

Operations for year ending June 30, 1891. — Trains run (passenger. 7,950; mixed, 450),
8,400 miles. Total engine service, 8,800. Passengers carried, 7,900. Tonsof freight moved,
225. Earnings— passenger, $2,639.45: freight, $253.61— total, $2,893.06. Operating ex-
penses, $4,428.13. Deficit from operations, $1.357.07.

Financial Statement, June 30, 1891.— Capital stock (authorized, $200,000) paid in, $100,-
000. Contra : Cost of road and equipment, $106,613.99.

Directors. — Xot reported.

G. W. SIMPSON, President Montreal, Que.

H. W. Shepherd, Vice-President Montreal, Que.

Secretary & Treas.—R. W. Shepherd, Jr.. Montreal, Can. | Gen. Superintendent— John McGowan. Carillon, Que.

PRINCIPAL OFFICE AND ADDRESS Montreal, P. Q.

CENTRAL ONTARIO RAILWAY COMPANY.

Line of Road.— Picton, Ont, , to Coe Hill, Ont 104 miles.

Sidings, 10 miles. Gauge, 4 ft. 8* in. Rail (steel), 56 Ibs.

History.— Chartered as Prince Edward County Ry. Co. March 29, 1873 : road opened to
Trenton, 32 miles, October 27, 1879 ; throughout during 1884.

1072 POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA.

Rolling' Stock, June 30, 1891.' — Locomotive engines, 9. Cars — passenger, 5 ; baggage,
mail, and express, 3 ; freight (box and stock, 34 ; platform, 90), 124 — total cars, 132.

Operations for year ending June 30, 1891. — Train mileage — passenger, 20,000 ; freight,
24,000 ; mixed, 66.000— total, 110,000 miles. Passengers carried, 58,131. Tons freight
moved, 72,500. Earnings— passenger, $26.916.19; freight, $52,373.74; mail and express,
$7,292.22 ; other, $1,343.47— total, $87,925.62. Operating expenses, $91,588.96. Deficit,
$3,663.34.

Financial Statement, June 30, 1891.— Capital stock (common, $450,000 ; preferred,
$300,000), $750,000 ; bonded debt authorized, $2,200,000 6 per cent, bonds ; government
(Ont.) aid, $126,500 ; municipal aid, $93,500 ; floating debt, $3,000— total, $973,000. Contra :
Cost of road, equipment, etc., $1,511,941.01. Annual meeting in March, at Picton. Ont.

Directors (elected March 24, 1892)— Stevenson Burke, H. B. Payne, H. P. Mclntosh,
Cleveland, 0.; D. MacLaren, Alex. MacLaren, Buckingham, Que. ; Charles Magee, Ottawa,
Ont.; J. L. Biggar, Belleville, Ont.

STEVENSON BUKKE, President Cleveland, O.

Gen. Manager— Alex. McLaren Buckingham, Que. | Secretary and Treas.— George Collins Trenton, Ont.

PRINCIPAL 0 JFICE AND ADDRESS Trenton, Ont.

CENTRAL RAILWAY OF NEW BRUNSWICK.

Line of Road.— Norton Station (I. Ry.), N. B., to Chipman, N. B 44.75 miles.

Southern Division ; Hampton, N. B., to Quaco, N. B 30.00 miles.

Sidings, 2.25 miles. Gauge, 4 ft. 8£ in. Rail (steel), 54 and 56 Ibs. per yard.

History.— Road opened from Norton to Chipman, in 1888. A line is being located from
Grand Lake to Fredericton, N. B., about 40 miles. This company has acquired by purchase,
the St. Martin's and Upham Ry., extending from Quaco, or St. Martin's, N. B., to Hampton,
on the Intercolonial Ry., 30 miles, which is now operated as its Southern Division.

The following is from the report of the Dominion Department of Railways and Canals :

" By the Act of 1884, 47 Vic., chap. 8. a subsidy not exceeding $128,000 was granted in aid of the construction
of about 40 miles of the Central Railway, from the head of Grand Lake to a point on the Intercolonial Railway
between Sussex and St. John, N. B.

" Under the authority of an Order in Council of the 5th of June, 1886, a contract was made with the Central
Railway Company, on the 7th July, 188*>, for a line from-Salmon River, at the head of Grand Lake, to Norton, on
the Intercolonial Railway, the work to be completed by the 1st of July, 1888. Certain work had been executed,
but the contract obligations had not been carried out, and no portion of the sub8idy was paid. The subsidy lapsed,
but was revived by the Subsidy Act 52 Vic., ch. 3 (1889). In November, 1889, the company applied for inspection
of the road as a completed work, but no portion of the subsidy was paid.

'• On the 1st of December, 1890, a new contract, was made with the company for this work under the Subsidy
Act of 1889, the limit of subsidy being $128,000 ; this contract covering also a subsidy for 44 miles, the limit of
which was $14,400, authorized by the Act 53 Vic., ch. 2, making a total subsidy of $142,400 ; the total length of
road subsidized being 44i miles. The date for completion was fixed as the 1st of December, 1891. During the
past fiscal year there was paid the sum of $75,639 ; no further payments have been made up to the 31st or De-
cember, 1891.

" By the Act 51 Vic., ch. 3, a grant as a subsidy to this company was authorized of certain used iron rails to
the value of $83,012.54, loaned to the St. Martin's and Upham Railway Company (which railway has been acquired
by the Central Railway Company ; the sale being approved by an Order in Council of the 15th of November,
1837), the condition of the grant being that such rails should first be replaced by new steel rails. The new steel
rails were substituted, and an Order in Council of the 18th of October, 1889, authorized the transfer of the old rails
to.the company.

Rolling Stock, June 30, 1891. — Locomotive engines, 3. Cars — passenger, 3 ; freight
(platform), 28 — total cars, 31.

Operations for year ending June 30, 1891. — Train mileage (mixed), 50,100 miles. Gross
earnings, $15,539.24. Operating expenses, $30,964.21. Deficit, $15,424.97.

Financial Statement, June 30, 1891.— Capital stock, $900,000 ; funded debt, $900,000 1st
mortgage 6 per cent. 50-year $1,000 coupon bonds, due November 1, 1937, interest payable
May and November; government bonuses authorized (Dominion, $225,912.54; New Bruns-
wick, $277,665), $503,677.54 ; paid up, $436,916.54— total capital paid up, $2,236,916.54.
Contra : Cost of road, equipment, etc., $2,063,000.

Annual meeting, first Tuesday in June, at Fredericton, N. B. Interest payable in New

POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA. 1073

York, N. Y., London, Eng., or St. John, N. B. Stock may be voted if held previous to
•closing of books. Trustee of bonds, Central Trust Co., New York, N. Y.

Directors.— C. Ford Stevens, S. E. Haas, J. P. Ilsley, Philadelphia, Pa. ; F. E. Parker,
R. V. de Bury, C. N. Skinner, St. John, N. B. ; VY. P. Flewelling, Fredericton, N. B.

C. FORD STEVENS, President Bullitt Building, Philadelphia, Pa.

F. E. Barker, Vice-President St. John, N. B.

Secretary— W. T. Whitehead Fredericton, N. B. | General Superintendent— Z. G. Evans. .Hampton, N. B.

PRINCIPAL OFFICE AND ADDRESS Hampton, N. B.

Transfer Office . . .Fredericton, N. B.

COBOTJRG, BLAIRTON AND MARMORA RAILWAY COMPANY.

Main Line of Road. — Coboursr, Ont., to Harwood 15

Branch ; C. P. RR. to Blairtou 3

Narrows Branch : Narrows to C. P. RR 5 — 23 miles.

Sidings, etc., 2 miles. Gauge, 5 ft. 6 in. Rail, 56 Ibs.

History. — Chartered in June, 1887, as successor to the Cobourg, Peterboro' and Mar-
mora Ry. Co. Road opened from Cobourg to Harwood, 15 miles, in May, 1854 ; C. P. RR. to
Blairtou, in 1868. That portion of the original main line, extending from Harwood to Peter-
boro, has been abandoned ; and that portion extending from Ashburnham to Chambliss has
been sold to the Grand Trunk Ry. Co., thus leaving the main line only 15 miles (Cobourg to
Rice Lake), as above. Property sold under Chancery order in May, 1886, and bought by
T. B. Pearce for $30,200 cash. Operated under agreement by the Grand Trunk Ry. Co. of
Canada. (See MANUAL for 1890.)

Rolling1 Stock. — Locomotive engines, 2. Cars — passenger, 4 ; platform, 30.

Financial Statement, June 30, 1891.— Capital stock, $1,000,000 ; government (Ont.) aid,
$44,740 ; municipal aid, $113,500— total, $1,158,240. Contra: Construction, $1,400,042.

Directors*. — T. P. Pearce, James Crossen, Joseph Henderson, Cobourg, Ont.; E. Donald,
Belleville, Ont.; J. B. Pearce, Norwood, Ont.; H. M. Fowlds, Hastings, Ont.

T. P. PEARCE, President Cobourg, Ont.

Secretary— E. Donald Belleville, Ont. | General Manager— T. P. Pearce Cobourg, Ont.

PRINCIPAL OFFICE AND ADDRESS Cobourg, Ont.

CUMBERLAND RAILWAY AND COAL COMPANY.

Line of Road.— Spring Hill Jc., N. S., to Parrsboro', N. S., and branch to mines. .32 miles.
Sidings, etc., 10 miles. Gauge, 4 ft. 84- in. Rail (steel), 56 and 67 Ibs.

History. — Successor to Spring Hill and Parrsb»ro' Coal and Railway Co. and the Spring
Hill Mining Co. A subsidy of $44,800 was authorized for a line 14 miles in length from a
point on the Spring Hill and Parrsboro' Ry. near Spring Hill, to a point on the Oxford and
New Glasgow Ry. near Oxford ; work to be completed in 1891. Total payments to December
31, 1891, $39,850.

Rolling* Stock, June 80, 1891. — Locomotive engines, 8. Cars — passenger, 2 ; baggage,
2 ; freight (box, 2 ; platform, 26 ; coal, 186), 214— total cars, 218.

Operations for year ending June 30, 1891. — Train mileage, 76,112 miles. Passengers
carried, 22,956. Tons freight moved, 443,102, Gross earnings, $111,409.09. Operating ex-
snses, $53,038.87. Net earnings, $58,370.22.

Financial Statement.— Capital stock, $1,000,000; funded debt ($600,009 authorized), none
mtstanding; Government (Dominion, $44,800; N. S., $189,030.93) aid, $233,880.93; paid
68

1074 POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA.

up, $144,230.93— total capital paid up, $1,144,230.93. Contra : Cost of road, $600,000 ; equip-
ment, $147,592.33 : real estate, etc., $4,780.39— total, $752,372.7:2.
Directors. — Not reported.

JOHN McDouoALL. President Montreal, Que.

Robert Cowans, Vice- President Montreal, Que.

General Jfanar/er—J. R. Cowans Spring Hill, N. S. | Sec. and Treat.— H. K. Drummond Montreal, Que.

PRINCIPAL OFFICE AND ADDRESS Montreal, Que.

DRUMMOND COUNTY RAILROAD COMPANY.

Line of Road.— Ste. Rosalie, P. Q., to Ball's Wharf, P. Q 62.31

Branch : Mitchell to Burrill's Mill 0.50

Trackage — Grand Trunk Ry : Ste. Rosalie to Ste. Hyacinth 2.00 — 64.81 miles.

Sidings, 3 miles. Gauge, 4 ft. 8a in. Rail (steel, 65.31 miles), 44, 56 and 60 Ibs.

History. — Chartered June 21, 1886 ; road opened throughout in December, 1890. Under
the Railway Subsidy Act of 1887 a grant of $3,200 per mile was voted by the Federal Parlia-
ment for 30 miles from Drummondville towards Nicolet, P. Q. ; and a subsidy of $4,000 per
mile for 39 miles was granted by the local Legislature for the same line in 1888. By a Sub-
sidy Act of 1889 a further grant of $3.200 per mile for 4| miles towards Ball's Wharf was
voted by the Federal Government. A subsidy was granted by the Federal Government in 1890
of $3,200 per mile for 24 miles from Drummondville towards Ste. Rosalie, and in the same
year 10,000 acres of land per mile for 27 miles was granted by the local Legislature for the
same extension. An additional subsidy of $50,000 is to aid in constructing iron bridges.
Finally the company will receive 10,000 acres of land per mile for 22 miles on the proposed
extension from Carmel to Arthabasca. During the past fiscal year there was paid to this
company by the Governments the sum of $260,169.58.

Rolling Stock. — Locomotive engines, 4. Cars — passenger, 1 ; baggage, etc., 1 ; freight
(box, 9 ; platform, 20 ; caboose, 2), 31— total cars, 33.

Operations for year ending June 30, 1891. — Train mileage — passenger, 20,625; freight, 870;
mixed, 31,175— total, 52,670 miles. Passengers carried, 9,395. Tons freight moved, 55,000.
Earnings— passenger. $9,523.60; freight, $27,546.88; other, $336.49— total, $37,407.89.
Operating expenses, $31,437.76. Net earnings, $5,970.13.

Financial Statement, June 30, 1891.— Capital stock (authorized, $650,000), $400,000 ;
Government bonuses (Dominion, $187,200 ; Quebec, $549,000), $736,200 ; paid up, $447,132.-
54; municipal bonus, $15,000; other sources, $29,334.75 — total capital subscribed, $1,401,-
200 ; paid up, |891, 467.29. Cost of road, etc., $984,108.12.

Directors, — Charles Church, South Durham, Que.; Thomas E. Fee, St. Hyacinthe, Wil-
liam Mitchell, Drummondville, Que.

CHARLES CHURCH, President South Durham, P. Q.

Thomas E. Fee, Vice- President St. Hyacinthe, P. Q.

Secretary— Samuel Newton Drummondville, Que. | Gen. Manager— William Mitchell. .Drummondvile, Q,ue.

PRINCIPAL OFFICE Drummondville, Que.

ELGIN, PETITCODIAC AND HAVELOCK RAILWAY COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused.)

Line of Road.— Elgin, N. B., to Havelock, N. B 28 miles.

Sidings, 1 mile. Gauge, 4 ft. 8| in. Rail (steel), 42, 52, and 56 Ibs.

History. — Opened in 1876 under the title of the Elgin Branch Railway ; name subee-

\
POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA. 1075

quently changed to Petitcodiac and Elgin Ry., and during the year 1884 to Elgin, Petitcodiac
and Havelock Ry. Co. Extension to Havelock was completed October 14, 1885. The Janu-
ary, 1890, coupons were not paid, and the line placed in the hauds of a receiver. A com-
mittee of bondholders has under consideration the reorganization of the company.

Rolling Stock. — Locomotive engines, 2. Cars— passenger, 2 ; baggage, 1 ; freight (box) 1.

Operations for five months ending June 30, 1890.— Trains run (mixed), 7,290 miles.
Passengers carried, 3,096. Tons freight moved, 7,102. Earnings — passenger, $1,038.96 ;
freight, $4,495.76; mail and express, $334.80; other, §35— total, $5,904.52. Operating
expenses — maintenance of way, etc., $1,812.38 ; motive power, $1,452.41 ; maintenance of
cars, $629.83; general, $1,548.12— total, $5,442.74. Net earnings, $461.78.

Financial Statement, June 30, 1891.— Share capital (authorized, $200,000) paid up,
$165,250 ; funded debt, $260.000 6 per cent, bonds ; Government bonuses (Dominion, $82,-
652.82 ; N. B., $107,500) paid up, $190,152.82 ; municipal bonus, $13,000— total, $628,402.82.

In 1886 the company made an issue of £53,800 1st mortgage 6 per cent. £100 coupon
bonds, due July 2, 1905 ; interest payable January 2 and July 2 at the London and South-
western Bank, 7 Fenchurch Street, London, E. C. ; and it was provided that one-half of sur-
plus earnings over interest charges be set aside annually as a sinking fund for redemption of
the bonds. Annual meeting, second Tuesday in June ; books close two weeks previously.
. Directors. — Hiram Humphrys, E. P. Eastman, Petitcodiac, N. B. ; Chas. I. Keith, Have-
lock, X. B. ; Joseph D. Strauss, R. D. Robinson, Elgin, N. B. ; A. E. Killam, Moncton, N. B.

THOMAS R. JONES, Receiver St. John, X. B.

H. HUMPHRYS, President Petitcodiac, N. B.

Vice-Pres. & 3ec.—J£. P. Eastman Petitcodiac. N. B. | Manager— Gib bs Jones Petitcodiac, N. B.

Treasurer — Joseph Steeves Elgin, N. B.

London Agent— Kenneth McLea. .Gresham House, London, E. C,

PRINCIPAL OFFICE AND ADDRESS Petitcodiac, N. B.

ERIE AND HURON RAILWAY COMPANY.

Line of Road. — Rondeau, Ont., to Sarnia, Orit 72.50 miles.

Spurs, 4 miles ; sidings, 3 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History. — Road opened to Wallaceburg in September, 1883 ; to Sarnia, September, 1886.

Rolling Stock, October 31, 1891. — Locomotive engines, 6. Cars — passenger, 9 ; baggage,
mail and express, 3 ; freight (box, 30 ; platform, 12), 42 — total cars, 54.

Operations for year ending October 31, 1891. — Train mileage — passenger, 46,816 ;
freight, 34.267 ; mixed, 45,331 ; other, 14,091— total, 140,505 miles. Passengers carried,
111,142. Tons freight moved, 87,161. Earnings— passenger, $48,798.28 ; freigkt, $53,300.93;
mail and express, $5,850.70 — total ($1,475.17 per mile), $107,949.91. Expenses — transporta-
tion, $18,930.69 ; maintenance of equipment, $26,215.21 ; roadway and buildings, $17,187.63 ;
general, $8,360.61— total (975.09 per mile), $70,694.14. Net earnings (34.51 per cent.), $37.-
255.77; balance from 1890, $30.66— total, $37,286.43. Payments: Interest on bonds,
$37,000 ; sinking fund, $200— total, $37,200. Balance surplus, as per general balance sheet,
$86.43.

General Balance Sheet, October 31, 1891.

Cost of Road, Equipment, etc $1,282,000 00 Common Stock paid in $105,500 00

Materials and Fuel on Hand 3,980 05 ! Funded Debt Outstanding

Other Property and Assets 23,447 17

Bills Receivable 4,081 64

Current Accounts 2,490 46

Cash on Hand 3,334 22

Total Assets $1,319,333 54

Bills Payable

Current Accounts

Subsidies and Bonuses.

Other Liabilities

Profit and Loss . .

Total Liabilities $1T319,333 54

Authorized amount of capital stock, $300,000. Funded debt consists of $415,000 1st
mortgage 5 per cent. 20-year $1,000 bonds, dated November 1, 1883 ; and $325.000 5 per cent.

1076 POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA.

20-year bonds, dated November 1, 1886 ; interest payable at agency of the Bank of Montreal,
New York City, May 1 and November 1.

Directors.— E. H. Bickford, Mrs. E. A. Bickford, A. Mackenzie, Toronto, Ont. ; A. Mc-
Kellar, Hamilton, Ont. ; N. H. Stevens, J. J. Ross, Chatham, Ont. ; A. Trerice, Dresden, Ont, ;
Thomas Kenny, Sarnia, Ont.

E. H. BICKFORD, President Toronto, Ont.

Managing Director— 3. J. Ross Sarnia, Ont. | Secretary and Auditor— J. E. Foreman Sarma, Out.

Treasurer and Accountant — E. H. Edwards Sarnia, Ont.

PRINCIPAL OFFICE AND ADDRESS Sarnia, Ont,

Transfer Office Toronto, Out.

ESQUIMATJLT AND NANAIMO RAILWAY COMPANY.

Line of Road.— Victoria, B. C., to Wellington Mines, B. C 78 miles.

Sidings, 2.03 miles. Gauge, 4 ft. 8J- in. Rail (steel), 50 and 54 Ibs.

History.— Incorporated September 27, 1883. Road opened September 17, 1886.

Rolling Stock. — Locomotive engines, 5. Cars — passenger, 11; baggage, mail, and
express, 3 ; freight (coal, 10 ; box, 12 ; platform, 72), 94— total cars, 108.

Operations for year ending June 30, 1891. — Train mileage (mixed), 122,496 miles. Pas-
sengers carried, 32,657. Tons freight moved, 36,550. Earnings— passenger, $64,089.56 ;
freight, $50,140.31 ; mail, $3,666 ; other, $2,956— total, $120,852.62. Operating expenses,
$172,603.91. Deficit from operations, $51,751.29.

Financial Statement, June 30, 1891.— Capital stock (authorized, $3,000,000), $1,200,000;
bonus (Dominion Gov.), $750,000 ; other capital, $1,022,096.22 — total capital paid up, $2,972,.
€96.22. Contra : Cost of road and equipment, $2,987,846.49.

Directors. — Not reported.

A. DUNSMUIR, President Victoria, B. C.

Accountant— Walter Westington Victoria, B. C. | Sitpt. & Chief Eng.— Joseph Hunter Victoria, B. C.

PRINCIPAL OFFICE AND ADDRESS Victoria, B. C.

FREDERICTON AND ST. MARY'S RAILWAY BRIDGE COMPANY.

Length of Bridge and approaches 1.33 miles.

Sidings, .11 mile. Gauge, 4 ft. 8£ in. Rail (steel), 60 Ibs. per yard.

History. — By special Act the Governor-in-Council was authorized to make advances
(secured by mortgage) to this company, such advances not to exceed 80 per cent, of the
expenditure made, nor, in the whole, $300,000. In accordance therewith, a deed of mort-
gage was executed October 12, 1887, running for fifteen years, 'and bearing interest at the
rate of 4 per cent, per annum. Up to November 14, 1888 (on which date the bridge was
opened for traffic), the company received advances to the amount of $297,000. The bridge
connects the Fredericton Ry. at Fredericton with the Northern and Western Ry. at St.
Mary's.

Operations for year ending June 30, 1890, (latest reported). — Passengers carried, 5,015.
Tons freigbtmoved, 11,363. Earnings— passenger, $501.35 ; freight, $1,959.67— total,
$2,461.02. Operating expenses, $1,300. Net earnings, $1,161.02.

Financial Statement, June 30, 1891. — Capital stock, authorized, $400,000 ; subscribed,
$200,000 ; paid up, $20,000 ; bonded debt (6 per cent.) authorized, $300,000 paid up, $50,000;
government aid (loan, $300,000 ; bonus, $30,000), $330,000— total capital subscribed, $530-
000 ; paid up, $400,000. Floating debt, $12,833.45. Contra : Cost of road, $414,086.75.

Directors,;0fflcers, etc.— Not reported.

POOR'S MANUAL OF RAILROADS— DOMINION OF CANADA.

1077

GOVERNMENT RAILWAYS IN OPERATION.

The several lines operated and maintained by the Government during the past fiscal year,
ending June 30, 1891, were :

The Intercolonial and its extensions 1,154.5 miles.

Windsor Branch (maintained only) 32.0 miles.

Prince Edward Island ." .__211.0 miles.

Total mileage of Government Railways 1,397.5 mile*.

The through ocean mail line from Point Levis, Quebec, to Halifax is 688 miles in length.

The general revenue accounts for 1890-91 show the following as the financial position of
these roads for the past fiscal year :

Average
Mileage
of the
Year.

Expendi-
tures.

Earnings.

Profit.

LOM.

Intercolonial

1,141

3.662,341 94

2.977 r395 38

8

Windsor Branch (earnings one-third of entire receipts,

32

28 931 71

30235 13

1 30342

Prince Edward Island

211

257 990 08

174,-,J58 05

*-3.733 "3

1.31342

1.308 42

Total ... .....

1.3*4

3.949,263 73

3,181,888 56

767.375 17

For further information, see the statements for the several lines.

GRAND TRUNK RAILWAY COMPANY OF CANADA.

f Portland, Me., to Point Edward, Ont. (opp. Port Huron, Mich.) 794.92 miles.

! Niagara Falls. Ont., to Detroit, Mich 229.67 miles.

, Fort Erie Qnt tQ G]encoe Ont 145. 57 miles.

(^Extensions and branch lines as below 2.349.81 miles.

Total length of all lines, December 31, 1891 3.519.97 miles.

Grand Trunk Division.
Statement of the lines operated December 31, 1891.

DISTRICTS.

Steel Iron Total
Miles. Miles. Miles.

Detroit— Port Huron. Mich., to Detroit, Mich .......................................... 59.37 ....... ;

Toronto and Sarnia— Sarnia. Can., to Toronto. Can ................................... 16$. 50 ........

Blackwell and Tunnel ............................................................. 5.00 ........

Montreal and Toronto— Toronto. Can., to Montreal, Can ............................... 333.00 ........

Montreal and Island Pond— Montreal, Can., to Island Pond, Vt ....................... 144.00 ........

Montreal Extension to Wharves — At Montreal. Can ................................. 2 . 00 ........

Island Pond and Portland— Island Pond. Vt.. to Portland. Me ........................ 149.42 ........

Champlain — Montreal, Can., to Rouse's Point and Province Line ...................... f>3.75 9.50

Mont. & Champlain Jc.— Brosseau's to Valleyfield. Can., and to Massena Spring, X. Y. 103.43 ........

Buffalo and Goderich— Buffalo, N. Y.. to Goderich, Can. (and Elevator) .............. 160.75 0.50

Quebec and Richmond — Richmond. Can., to Quebec. Can ........... ................ 95.54 ......

Arthabaska Branch— Arthfbaska. Can., to Three Rivers ............................. 35. -25 .......

>n and Auburn Branch — Lewiston, Me., to Lewiston Junction, Me .............. 5.50 ........

Kingston Branch— Kingston. Can., to Wharves ....................................... 2.25 ........

Gait Branch— Junction "to Gait and Elmira, Can .................................... 22.75

London Branch — London, fan., to St. Mar}- s. Can .................................... 22.00-

Norway Branch — South Paris. Me.. to Norway, Me ............................. 1 .50

G»nd Trunk. Georgian Bay and Lake Erie .) {g^M-J^Sa Wianon. On,.. 163.50|

1.75

9. -25

Michigan Air Line — R;dgeway. Mich., to Pontiac. Mich
Sarnia Extension ............ ". ........

Lachine to Dorval Extension
Toronto Yard— Connections ..........

Midland Division ...................................... .

Jacques Cartier Union Ry

Northern and Northwestern Division. . .

Total...

106.001

3.00

101. OQ

6.50

28.66

59.37
HJ-.50

5.00
333.00
144.00

2.00
149.42

raja

103.43

163.35

95.54

35.35

5.50

8.86

24.50

2-2.00

1.50

172.75

17.00

105.60

3.00

3.00

4.T5

479.33

6.50

2.523.36 145.002,669.36

1078

POOR'S MANUAL — GRAND TRUNK RY. CO. OF CANADA.

Great Western Division.
Statement in detail of the several lines and branches operated :

Main
Track.

Second
Track and
Sidings.

Total
Track.

Steel
Rail.

Main Line— Niagara Falls to Windsor, Ont

£.'!) (57

Loup Line between Main Line and Toronto branch

0.42

Hamilton to Toronto

36 (54

Harrisburg to Guelph and Spur ...

°8 52

Hanisburg to Brantford

"' ?'</

Komoka to Sarnia

50 85

Wyoming to Petrolia . . .

4 74

Loup Line — Glencoe to Fort Erie.

145.57

Clifton to Allan burg . .

8 39

Wei land Rail way

•>t; 13

Wellington, Grey and Bruce Railway — Guelph to Southampton

101 23

Wellington, Grey and Bruce Railway— Palm erston to Kincardine

66 86

London and Port Stanley Ry.— Lonaon to Port Stanley

23.84

London, Huron and Bruce Ry.— Hyde Park to Wingham Junction.. .

68 89

Brantford, Norfolk and Pt. Burwell Ry.— Brantford to Tilsonburg.. .

34.73

South Norfolk Extension— Simcoe to Pt. Rowan

17 34

Total all lines owned and leased . .

850 61

285 5

1,136 09

972 50

The following lines included in the foregoing statement and in the Great Western Divi-
sion are leased :

Atlantic and St. Lawrence^ : Portland, Me., to Island Pond. Vt

Lewistown and Auburn : Lewistown, Me., to Lewistown Junction, Me

Norway Branch : South Paris, Me., to Norway Village, Me

Buffalo and Lake Huron : Fort Erie, Can., to Goderich (and Elevator)

Chicago, Detroit and Canada G. T. Junction : Port Huron to Detroit, Mich . .
Montreal & Champlain Jc.: Brosseau to Valleyf , Can., & Mas»ena Sps., N. Y.

Michigan Air Line : Ridgeway, Mich., to Pontiac, Mich

Georgian Bay and L. E.: Port Dover to Durham and Wiarton, Ont

Midland Railway of Canada and branches

Welling, Grey «„* Ewe R^ay : \

London and Port Stanley Railway : London to Port Stanley
Montreal Wharf Line

149.42

5.41

1.36

162.00

59.37

103.43

105.60

189.75

479.25

miles,
miles,
miles,
miles,
miles,
miles,
miles,
miles,
miles.

168.09 miles.

23. 84 miles.
1.75 miles.

Total length of all lines operated under lease 1,449.27 miles.

2d track, 365.5 miles. Sidings, 671.5 miles. Gaujre, 4 ft. 8£ in. Steel rails, 4,041.25 miles.

This company also controls the Ctiicago and Grand Trunk, and the Detroit, Grand
Haven and Milwaukee Rys., but operations are reported separately. (See GENERAL INDEX.)

GRAND TRUNK SYSTEM. — Statement of railway and sidings, December 31, 1891 :

DIVISIONS.

Length
of
R'lway.

Second
Track.

Sidings.

Total
Track
and
Sidings.

CHARACTER OF RAILS.

In Track.

In Sidings.

Total.

Steel.

Iron.

Steel..

Iron.

Steel.

Iron.

Grand Trunk
Great Western.

jr.

1,528
836*
479*
168

490*

M.
251*
114*

M.
268}

«P

34*

87

M.

2,048
1,159
552|
199*

577}

M.
1,756|
950}
378i
147*
467}

M.

22*

M.

£
jj

M.

28
137*
66
29}
70*

M.

1,997*
1,021}
385*
152*

484*

M.

50*
137*
167
47*
93*

Midland
Detroit & Mich. Air Line.
Northern & North West'n

101
17*
23

3,499*

3&5*

671*

4,5364

3,701

164

340*

331*

4,041*

495*

History.— On August 12, 1882, the Grand Trunk Railway Co. and the Great Western

POOR'S MANUAL — GRAND TRUNK RY. CO. OF CANADA. 1079

Ry. Co. were consolidated under the name of the former, the capital stock of the united
company consisting of two classes : the Grand Trunk capital and the Great Western capital.
Under power granted hy Act of Parliament, entitled " The Grand Trunk Railway Act, 1884,"
and which came into operation July 1, 1884, the Great Western capital has been converted
into 4 percent, guaranteed stock, and ordinary stock has been issued in extinction of the con-
tingent rights of the Great Western capital, and of the first, second, and third preference
stocks. (See MANUAL for 1884.) For historical sketches of progress of Grand Trunk Rail-
way, see MANUAL for 1888, page 973.

By deed of union, January 24, 1888, the Northern of Canada and its leased line, the
Hamilton and Northwestern, became amalgamated with the Grand Trunk Ry. Co., under tb.9
name of the Grand Trunk Ry. Co. of Canada, upon the following terms : The borrowed cap-
ital of the three companies to be the borrowed capital of the united company ; the preference
shares of the Northern and Northwestern to be entitled to a dividend at a rate equal to the
rate of dividend paid upon the Grand Trunk first preference stock up to but not exceeding 3
per cent, per annum and a further dividend at a rate equal to the rate of dividend paid upon
the Grand Trunk second preference stock up to but not exceeding 3 per cent, per annum,
and the ordinary stock of the three companies to be the ordinary stock of the united com-
pany. Under powers of "The Grand Trunk Ry. Act. 1888," the preference stocks of the
Northern and Hamilton and Northwestern Companies have been converted into the Grand
Trunk first and second preference stocks, receiving 62 per cent, of each description of stock.

In 1890 an agreement was entered into for the operation by this company of the Cincin-
nati. Saginaw and Mackinaw RR. (see 708) from November 1, 1890, to January 1, 1920, for
70 per cent, of the gross receipts, the Grand Trunk undertaking that if the remaining 30 per
cent, does not suffice to pay 5 per cent, interest on the $1,680,000 bonds of the C. S. & M.
RR. Co. it will surrender a further 25 per cent., or such lesser amount as may be necessary,
of the gross receipts from traffic interchanged between the lines.

Rolling Stock, December 31, 1891. — Locomotive engines, 790. Cars — passenger (1st
class, 378 ; 2d class, 230 ; emigrant, 5), 613 ; dining, 3 ; parlor, 6 ; sleeping, 4 ; smoking, 9 ;
baggage, mail, etc., 262; horse boxes, 4; freight (box, 14,265 ; stock, 1,305 ; platform and
coal, 6,517 ; brake vans, 399), 22,486 — total 23,387. Also, 58 snow-ploughs and 96 auxiliary
and ice-scraper cars.

Operations for year ending December 31, 1891 (3.499.5 miles). — Train mileage — passen-
ger, 6.009,733; freight, 9,299,304; mixed, 2,522,191— total, 17,831.228 miles. Passengers
carried, 6,555,172. Freight moved, 8,274,009 tons.

Earnings.— Passenger £1,219,509 0*. 9rf.

Freight 2,534,994 3*. 4d.

Mail and Express 147,481 13*. Od.

Miscellaneom 21,324 17*. Id.

Total £3,923,309 14s. M.

Expenses.— Maintenance of Way. . . £544,688 16*. 9of.

Rolling Stock 1,298,204 19*. Od.

Transportation 794,711 4s. M.

Miscellaneous 217,774 1*. lOrf.

Total £2,855,379 2s. Od*

Net earnings (27.22 per cent.), £1,067,930 12*. Sd.

Revenue Account.— Balance, net earnings, as above, £1,067,930 12s. Sd. ; interest on
capital in International Bridge, £28,935 4s. Sd. ; interest on 4 per cent, debenture stock held
by the company, £26,058 9s. 3(7. : interest on Toledo, Saginaw and Muskegon bonds,
£9,759 13*. 5d. ; amount received in repayment of interest advanced to the'Chicago and Grand
Trunk Ry. Co., £8,222 11*. 6^.— total (£1,140,906 11*. Qd. ; less deficit, Detroit, Grand Haven
and Milwaukee Ry., £11,674 12*. 2d. ; and amount to debit general interest account,
£5,322 12*. Sd.— total, £16,9974*. 10d.), £1,123,908 ISs. Sd. Payments: Interest on loan
capital and debenture stocks (less interest on acquired bonds and obligations of controlled
lines and tunnel bonds, £692,085 10*. lid.; rentals, leased lines, £150,669 15*. Od.; interest on
bonds of subsidiary lines not yet acquired, £111,276 17*. 4d. ; dividends on 4 per cent, guar-
anteed stock, £169,643 5*. IQd.— total, £1,123,675 9*. Id. Surplus for the year, after all pay-
ments, ^233 9*. Id. Balance of surplus net revenue from last year, £302 12*. 3d.— net
surplus, December 31, 1891, £536 1*. Wd.

1080

POOR'S MANUAL — GEAND TRUNK BY. CO. OF CANADA.

Statement of operations, capital account, etc., for eight years :

1884

1885

1886

1887

1888

1889

1890

1891

Miles of Kail road

2,919

2,919

2.925

2,925

3,419

3 487

3 487

3 499

Miles of Track

3,600

3,601

3,607

3,609

4,196

4,375

•1 -12;

4 536

Miles of Steel Rails
Passenger Train Miles
Freight Train Miles
Passengers Carried
Freight (tons) Moved

Passenger Earnings

3,166
4,617,507

7,554,914
4,988,526
6,114,548
£

1 142 758

3,167
4,146,926
7,555,536

4.790,468
6,157.151
£
973,680

3,173
4,493,491
7,899,545

5,332,250
6,609,969
£
1,059 629

3,175

4,822,665
8,147,774
5,725,983
6,990.701
&
1 142 338

3,587
5,587,291
8,278,975
6,301,124
7,330,559
£
1,216 925

3,781
5.815.897
9,535.293
6.526,701
7,955,965
£
1 230 550

3.879
6,054,985
9,725,716

6,511.417

8,399.524

1 225 5°0

4.041
6.009.733
9.299.304
6,555,178
8,274,009
£
1 °19 500

Freight Earnings
Miscellaneous

2,147,068
1 140,400

1,940,086
139,855

2,270.516
140.550

2,363,741
148,358

2,882,991

104,243

2,024475
166,979

2>22'.826
165,095

2,534,994
168 807

Gross Traffic, Earnings
Transportation Expenses. . .

3,430,216
2,506,679

3,053,621
2,329,050

3,470.695
2,425,542

3.654.436
2,557,697

3,764,159
2,694,546

4.022.004
2,864,600

4,013,441

2,893,184

3,923,310
2,855,379

Net Traffic Earnings
Other Receipts

988,587

128,656

724,571

60,113

1,045,153
2,776

1.096.739
104,571

1,069,613
55,925

1,157,404
84,682

1,120,257
97.769

1,067,931

Available Revenue

1,052,193

784,684

1,042,377

1,201.310

1,125,538

1,242.086

1,218,026

1,123,910

Lense Rentals

164.179

158,918

150.739

150,()8<i

164,830

f 150,669

150,669

15'i 070

Int. on Bds. and Deb. Stock
Dividend on Stock

6.51,431
309,259

668,133

682,035
208,792

693,240
377,294

77(i,3H4
182.693

802,265

289.940

808.781
259,190

803,363
169 643

Total Payments
Balance (+ or — ).

1,121,870
— 69,677

822,052
— 37'. 368

1,041,566
81]

1,201,220

+ 90

1.123.S33
+ 1,705

1,242.874

— 789

1,218,640
— 614

1,123,676
+ 234

Financial Statement, December 31, 1891.— Capital stock, ordinary, £20,530,127 16*. 2d.;
guaranteed 4 per cent. £5,219,793 14s. 4d.; 1st preference, £3,420,000 ; 2d preference. £2,-
530,000; 3d preference, £7,168,055 4s. Qd.— total stock, £38,867,976 15s.; Canadian
Government advances, £3,111,500 ; 6 per cent, terminal bonds (Grand Trunk, £414,300 ;
Northern and Hamilton, £554,100), £968,400 ; 5 per cent, terminal bonds (Northern), £629,-
100, bonds matured, but not paid off, £2,000 ; 5 per cent debenture stock (Grand Trunk,
£4,270,375 ; Great Western, £2,723,080), £6,933,455 ; 4 per cent, debenture stock (Grand
Trunk, £9,007,609 ; Northern, £361,350), £9,368,959. Total receipts on capital account,
£59,941,390 15s. Per contra : Lines open for traffic, £59,460,150 Is. 9d. Balance carried to
general balance account, £481,240 13s. 3d.

General Balance Sheet, December 31, 1891.

*. d.

£586,316 4 per cent. Debenture Stock ac-
quired by the Company in Conversion

of Bonds 527,684

£320,550 Toledo, Saginaw and Muskegon

5 per cent. Bonds 246,575

Other Securities 327,075

St. Clair Tunnel Company Advances 38,102 4 3

Calls in Arrear 5,713 15 5

Cash at Bankers and in trannltn 219,733 3 7

Stores, Fuel. Old Material, etc., on Hand. 387,539 19 0
Sundry Outstanding Accounts due to the

Company 428,879 6 4

Outstanding Traffic Accounts 250,027 10 11

8 0

Capital Account Balance.

Net Revenue Balance

Loans

! Bills Payable

6 10 Interest on Capital, etc., Accruing

fj 1 Sundry Outstanding Accounts due by the

Company

Wages Unpaid December 31, 1891

Total Assets £2,431,331 0 5

£

4S1.24H
144,080
803.652
94,745
434,500

148,5-24

t. d.

13 3
8 4
8 9

17 7
1 6

12 8

18 4

Total Liabilities £2,431.331 0 5

Four per cent. Guaranteed Stock. — Created by Act of 1884, and issued to holders of Great
Western preference stock and ordinary shares, and is entitled to a non-cumulative 'dividend
not exceeding 4 per cent, per annum of the net earnings of the company. Ranks next in
priority to debenture stock. Listed on London Stock Exchange, and also quoted at Aber-
deen, Birmingham, Bristol, Dublin, Edinburgh, Glasgow, Leeds, Liverpool, Manchester, and
Sheffield.

First Preference Stock. — Under the Acts of 187o and 1884 this stock is now entitled to a

POOR'S .MANUAL — GRAND TRUNK RY. CO. OF CANADA. 1081

dividend of 5 per cent, per annum in perpetuity charged on the available net profits of each
separate year after payment of dividend on guaranteed stock. Listings same as above,
except not quoted at Aberdeen.

- md Pr, ft i •( nc< Xt'tck. — Hanking next to the first preference stock and otherwise iden-
tical in security with it. Full dividends were paid for the second half of 1863 and the first
half of 1804. and a dividend of £1 13*. per cent, was paid for the first half of 1873, but no
further dividend was paid till 18^0. when the full dividend of 5 per cent, for the year was
paid. The full dividend was also paid for the six half-years ending December 31, 1883 ; but
there has been no distribution since, except 3- per cent, for second half of 1887. Listing,
same as above, except not quoted at Aberdeen and Bristol.

Ttrird Preference >'/,.>/>£.— Under Acts of 1873 and 1884 this stock is entitled to a dividend
of 4 per cent, per annum in perpetuity out of net earnings of each separate year, subject to
the priority of the first and second preference stocks. The only distributions on this stock
have been'as follows : 1864 (1st half), 4 per cent. ; 1880 (2d half). 1 per cent. ; 1882 (2d half),
3^ per cent. ; 1883 (3d half), 84 per cent. Listings same as above, except not quoted at Aber-
deen and Bristol.

Perpetual Fire per cent. Debenture Stock (Grand Trunk Section). — Created under powers
of the company's " Consolidated Debenture Stock Act, 1874," passed May 20, 1874. Secured
by first mortgage on all the company's property, as also upon the company's interest in the
International Bridge and in leased and operated lines, subject, however, to the priorities of
all other preferential charges existing at date of issue : ranks immediately after the Equip-
ment Mortgage Bonds ; interest 5 per cent, per annum in perpetuity, payable January aud
July. Listings same as for third preference stock.

.(1 Equipment Mortgage Bonds. — Issued March. 1870 ; interest 6 percent, per annum
and redeemable at par in fifty years from July 1, 1869. Of the bonds £85,700 have been
acquired by the company to December 31, 1891, and are held as security for the debenture
stock. £32.400 having been acquired by the issue of 4 per cent, consolidated debenture stock.
Listed on London Stock Exchange, and also quoted at Edinburgh, Glasgow. Liverpool, and
Manchester.

Fret per cent. Perpetual Debenture Bonds (Great Western Section). — Issued in bonds of
£100 each ; coupon, with privilege of registration ; interest payable February and August.
In common with the terminal bonds of the company, these are a first mortgage upon the
railway, tolls, land, and other property of this company. Listings same as for 2d equipment
mortgage bonds, except also quoted at Sheffield.

PC :'pctual Four per cent. Consolidated Debenture Stock.— In April, 1883, £750.000 of this
stock was issued to replace £226,300 advanced for redemption of securities of company, to
provide for £289,000 6 per cent, securities falling due in April and October, 1883 ; and in
July, 1S84. to provide for purchase of rolling stock, aud for improvements to the line.
Further issues have been made since that date in exchange for Great Western 5 per cent,
debenture stocks and bonds of the Wellington. Grey and Bruce Ry. Co., and shares of the
Chicago. Detroit and Canada Grand Trunk Junction line, for acquisition of the Welland Ry.,
and for other purposes. In June. 1888, £687,700 was issued for acquisition of £307,800
Northern and Pacific Junction mortgage bonds. £200,000 joint equipment bonds of Northern
and Northwestern, and for payment of £131,700 indebtedness for cars of the Chicago and
Grand Trunk Ry. Co. In September, 1890, £1,200,000 was issued for the following pur-
poses : ill To redeem the balance of the Great Western 6 per cent, debenture bonds matur-
ing December 1. 1890, amounting to £437,000 ; (2) to meet expenditures on the St. Clair
Tunnel, etc., amounting to. say, £450,000 (for which bonds of the Tunnel Co. were to be
issued to, and held by. the Grand Trunk Ry. Co. for the benefit of the debenture stockhold-
-id (3) to provide for the general purposes-of the company. In January. 1892, applica-
tion from the proprietors were invited for £500.000 of this stock : the proceeds to be applied
in payment of liabilities, bearing interest, and incurred mainly (1) for the completion of the
St. Ciair Tunnel. (2) for double tracking, and (3) for additional rolling stock. By the terms
of the Grand Trunk Ry. Acts. 1SS7 and 1888. securities acquired by exchange for this stock

1082 POOR'S MANUAL — GRAND TRUNK RY. CO. OF CANADA.

are held alive for the benefit of the holders of the stock. The conversion into this stock of
the pre-preference securities (including the 5 per cent. Grand Trunk and Great Western de-
benture stock), and the bonds of the controlled and subsidiary lines, will, from time to time,
be proceeded with by an arrangement with the holders. Interest payable January, April,
July, and October. Listed on the London Stock Exchange, and also quoted at Dublin, Edin-
burgh, Glasgow, Leeds, Liverpool, Manchester, and Sheffield.

First Mortgage Five per cent. Sterling Bonds (Northern Ry. of Canada). — Issued in July,
1877, and mature in 1902. These bonds are a first lien on the entire property of the North-
ern Ry. Co. Under the Grand Trunk Ry. Act of 1888, £62,100 of these bonds have been con-
verted into 4 per cent, debenture stock. Listed on the London Stock Exchange, and also
quoted at Glasgow and Manchester.

Four per cent. Perpetual Debenture Stock (Northern Ry. of Canada). — Is entitled to
privileges and priorities of 2d preference bonds, which matured August 1, 1884. Issued to
July, 1884, 2d preference bonds being received in payment at £100 bond for £125 stock.
Interest payable February and August in London. Listed on London Stock Exchange, and
also quoted at Manchester.

Third Preference Irredeemable Six per cent. Bonds, Class A (Northern Ry. of Canada). —
Issued under the Companies Act of 1868, and representing the third charge on the undertak-
ing. Holders of these bonds are offered by the company £125 of 4 per cent, debenture stock
for £100 bond, and £37,500 bonds had been thus converted to December 31, 1891. Listed on
London Stock Exchange, and also quoted at Manchester.

Third Preference Irredeemable Six percent. Bonds, Class B (Northern Ry. of Canada). —
Issued under resolution of February 10, 1869, and powers of Companies Act of 1868, in sub-
stitution of the arrears of interest bonds, and ranking for dividends immediately after the
Class A bonds, and before the preference stock of 1876. The company offers £125 4 per cent,
debenture stock for every £100 of these bonds, and £40,400 had been thus converted to De-
cember 31, 1891. Listed on London Stock Exchange, and also quoted at Manchester.

First Preference Six per cent. Northern Extension Bonds. — Interest payable January and
July ; principal due July 1, 1893. Listed on London Stock Exchange.

Northern Extension Improvement Mortgage Six per cent. Bonds. — Interest payable Janu-
ary and July ; principal due July 1, 1893. Listed on London Stock Exchange.

First Mortgage Six per cent. Bonds (Hamilton and Northwestern Ry. Co.). — Issued in
June, 1878, in bonds of £100 each. Interest payable June and December, at the office of the
Grand Trunk Company, Dashwood House, London, E. C. ; principal matures in June, 1898.
Under the Grand Trunk Railway Act, 1888, £40,600 of these bonds have been converted into
4 per cent, debenture stock. Listed on the London Stock Exchange.

PROPERTIES LEASED, OWNED, OR CONTROLLED BY THE GRAND TRUNK RY. Co.

ATLANTIC AND ST. LAWRENCE RAILROAD.— Portland, Me., to Island Pond. Vt., 149.58
miles. Sidings, etc., 33.85 miles. Gauge, 4 ft. 8* in. Rail (steel. 149.58 miles), 65 Ibs. History.— See MANUAL
for 1888, page 1. Road was leased August 5, 1853, to the Grand Trunk Ry. Co. of Canada for 999 years, the lessee
assuming all outstanding obligations and guaranteeing 6 per cent, on the stock. Rolii>iri Stock.— Furnished by
the Grand Trunk Ry. Co. of Canada. Operations for year ending June 30. 1891. — Tniin mileage— passenger,
334,528 ; freight, 512,490 ; mixed, 139,496 ; other, 334.166— total, 1,320,680 miles. Passengers carried, 365,553 ;
carried one mile, 11,500.086 : average mile rate, 2.59 cents. Tons freight moved, 897,999 ; moved one mile, 100,-
797,188 ; average ton-mile rate, 0.79 cent.

Earnings.— Passenger $297,62243

Freight 7'97,345 91

Mail .... 22,364 22

Express, etc 22,125 29

Miscellaneous 2,161 06

Total ($7,632. 16 per mile) $1,141,618

Expenses.— Transportation $479,991 19

Motive Power j 1fi2 ,)m in

Maintenance of Cars 1 162'901

Maintenance Way and Buildings 192,047 04
General and Taxes 42,452 74

Total ($5,860.42 per mile) $877.392 07

Net earnings (23.14 per cent.), $264,226.84. Payments : Interest, $535,320 ; taxes, $20,568.51— total pay-
ments, $555,888.51. Balance, deficit, $291,661.67, paid by lessee. Dividend charged under lease, $329,040.

Dividends. — From July 1. 1873, to July 1, 1890, inclusive. 35 semi-annual dividends of 3 per cent, each were
paid, making 69 regular cash dividends, aggregating 18T per cent, paid to date. For statement of dividends paid
prior to 1873, see MANUAL for 1888. Financial Statement, June 30, 1891.— Capital stock, $5,484,000 ; funded debt
(1st mortgage 5-20 bonds of October 1, 1884, £309,900, or $1,499.91£ ; 2d mortgage 5-20 bonds of May I. 1«»1, £147,-
300, or $712.932 : 3d mortgage 20-year bonds, due July 1, 1909, £162,000, or $786,984 : balance due on exchange of
bonds, |l«8), $3,000,000— total, $8,484,000. Contra : Cost of road, etc., $8,484,000. Par value of stock : Currency,

9
POOR'S MANUAL — GRAND TRUNK RY. CO. OF CANADA. 1083

$100 ; sterling, £100, or $4S4. The bonds. $3,000,000. are all held by the Grand Trunk Ry. Co., which issued
against them its 5 per cent, perpetual debenture stock. The sinking fund for the redemption of the City of Port-
land bonds was finally closed November 'J. l*^v by the payment of the remainder of said bonds amounting to
$308,000, which matured on that date. By the terms of the agreement between the Grand Trunk and this com-
pany, the lessor is required to issue stock to replace the debt to the City of Portland when the lessee demands
such issue. Annual meeting, first Tuesday in August. Dividends are payable February and August, at Port-
Sand. Me., on £ shan-s. and March and September, at London. England, on £ shares. Stock may be voted imme-
diately after transfer. The Grand Trunk Railway Act of 1884 gave that company power to redeem the rental
payable to the Atlantic and St. Lawrence Co. by the issue of 4 per cent, debenture stock.

LINES OPERATED ix CONNECTION" WITH THE A. & ST. L. RR.

LEWISTON AND AUBURN BRANCH RAILROAD. -Lewi*ton. Me., to Auburn. Me., 5.50
miles : total track. 6.66 miles. Chartered in 1872 ; road ppened in 1873. and leased to the Grand Trunk Ry. Co.
for 99 years from March id. 1S74, for $18.000 per year, bein<r 6 per cent, on $300.1 00 -tock owned by the cities of
Lewiaton and Auburn. B. F. Srtraeis, Prwfcfeni ; C. H. Osgood, Tita*>trer; I. B. Isaacson, Secretary ; COR-
PORATE OFFICE. Lewiston. Me.

NORWAY BRANCH RAILROAD.— South Paris to Norway, Me., 1.36 miles, with 0.75 mile sid-
nartered April -.23. 1S7S. Opened in December. 1879. Leased to Grand Trunk Ry. Co. (in report of which
its operations are included) for 99 years from May 1. 1880, at a nominal rental of ?1 per annum. Capital stock
(all of which was paid to Grand Trunk Ry. Co.). §8.750. GEO. L. BEAL. Pn-fident ; Howard D. Smith, Trf
Freeland Howe, Secretary. CORPORATE OFFICE, Norway. Me.

JHr>ctoi:«. A. <f -S//Z. RR. <'u. (elected August 4, 1891).— L. J. Seanreant. Montreal. Que.: Philip Henry
Brown. W. W. Dnffett. Franklin R. Barrett. Francis K. Swan. George P. Westcott. S. R. Small. Portland. Me.;
Alex. T. Gait. Montreal. Que.: W. L. Putnam, Portland, Me. L. J. SEARGEANT. Pretidtht. Montreal. Que.;
Philip H. Brown. Ticf-President. Portland. Me.; Trwn-er. W. W. Duffett, Portland. Me.; Secretary, F. R. Bar-
rett, Portland, Me. PRINCIPAL OFFICE AND ADDRESS. Portland. Me.

BRANTFORD, NORFOLK AND PORT BURWELL RAILWAY.-Brantford, Ont.. to
Glencoe Loop Line, Ont.. 34.74 miles : total track. 37.91 miles. Opened to Tilsonburg (32.5 miles) in 1876, and
completed in ls7S. Leased in perpetuity to G. W. Ry. Co. from January 1. is;*. Lease transferred to the Grand
Trunk Ry. Co. Capital stock, S30.000. Cost of road, etc., $346.910.65. L. J. SEARGEANT, President : Robert
Wright. Secretary-* Montreal, P. Q.

BUFFALO AND LAKE HURON RAILWAY.— International Bridge, Can., to Goderich. Can.,
162 miles. History.— This road was opened for traflic June 28. 1858. On July 1. 1868, the line was leased in per-
petuity to the Grand Trunk Ry. Co. of Canada at an annual rental of £70,000. The rent charged up to £42.500
takes precedence of the lessee's 1st equipment bonds, and the additional amount ranks after the 2d equipment
bonds. The interest on the company's bonds absorbs £41,995 per annum, and the remainder is available for div-
idends on the preference stock. The net earnings for the half-years ended December 31, 1886, and June 30. 1887,
after providing interest on the bonded debt, sufficed lor dividend? on the ordinary shares of 5->'. 'M. per each half-
year, respectively. Rental under the lease. £70,000. Payments : Bond interest. £41.995 : and dividends 5 per-
cent, on preference stock, £26,250. Preference stock (£10 per share i. £525.135 : funded debt (1st mortgage. £297,-
60.) : 2d mortgage, £466.158). £763,758 5i per cent, irredeemable bonds, interest payable March and September-
total stock and bonds, £1.288.893. The 1st mortgage bonds and the interest thereof are hereby charged on all the
railway and property of the company vested in the Grand Trunk Ry. Co. of Canada, and the 2d'mortgage bonds are
secured on the same as the Ists, but subject to them. Of the Ists. £200 are held over by the company, and of the
2ds. £8.967. ARTHUR ASHTON, Prffidenf. Liverpool. Eng.: Thomas Short, Secretary and Treasurer, London,
Eng. CORPORATE OFFICE, No. 1, Great Winchester Street. London. E. C.

GRAND TRUNK, GEORGIAN BAY AND LAKE ERIE RAILWAY.-Port Dover. Ont.,
to Wiarton (Georgian Bayi. Ont.. 146 miles: branch, Palmerston to Durham. 26.73 miles: branch. Simcoe to
Port Ron an. 17 miles— total. 189.73 miles. Total track (steei, 114>. 201 miles. Consolidation, April 16, 1881. of the
Port Dover and Lake Huron Ry. Co. (chartered March 2, 1872 ; road opened October 7, 1875), the Stratford and
Huron Ry. Co. (road opened in December, 1877. and leased to the Port Dover and Lake Huron Ry. Co.), and
Georgean Bay and Wellington Ry. Co. The Port Rowan branch was opened January 1, 1889. This road is 10 be
operated by the Grand Trunk Ry. Co. for 21 years from March. 1883 ; rental, bond interest. In 1887 the Grand
Trunk Co. obtained power to redeem ihe bonds by issuing Grand Trunk debenture stock, such redemption to be
optional on the part of the bondholders. Capital stock. $483.250 ; funded debt, 1st mortgage 5 per cent. 20-year
coupon £100 and £500 bonds, due August 1. 1903. interest payable at London. February and August, $1.337.985.67 ;
municipal bonus, $929,000 : Government bonus, §336.000— total. $-3.076.237.67. Contra : Cost of road. $2.828.713 ;
discount on stock and bonds. $434.537. The authorized amount of 1st mortgage bonds is £310.200, of which £46,-
200 were sot aside upon trust lor extensions, etc., but £23,600 have since been extended in the construction of the
South Norfolk Extension and other capital expenditure. Of the balance of £264.000. £51.300 had been already issued
to the Grand Trunk Ry. Co. and others, leaving £212.700 available as above. The bonds are secured by mortgage
deed of trust, dated April 25. 1883. upon the railroad, lands, and property of every kind. They are redeemable at
par on August 1, 1903, in Montreal or London. Bonds are numbered 1 to 500 of £500 each, and 1 to 602 of £100
each. Of these bonds, £96,500 have been acquired to December 31, 1891. by the Grand Trunk in exchange for

4 per cent, debenture stock. Interest payable February 1 and August 1. at the offices of the company, in Montreal
or London. Listed on the London Stock Exchange. L. J. SEARGEANT, President : D. Tisdale, Vice-President:

, J. C. Boyd, Secretary and Treasurer, Simcoe, Ont.

GRAND TRUNK JUNCTION RAILWAY.-Elsdon to 49th St.. Chicago, connecting Chicago and
Grand Trunk Ry. with Chicago and Western Indiana RR.. 3.9 miles ; 2d track. 3. 9 miles : sidings, 18.73 miles. Rail
(steel. 26.53 miles), 60. 65. 67. and 70 Ibs. Organized April 7. 1880 : road opened August 29, 1881. Leased and
operated by Chicago and Grand Trunk Ry. Co.; rental, interest on bonds. Income, year ending June 30. 1891,
S164.560. Paid interest on bonds, $164.560. Financial Mfilrinent. June 30, 1891.— Capital stock. $500,000 : funded
debt (1st mortgage 5 per cent. 20-year bonds, due Januarv 1. 1901. interest payable January and July, $1, 694.000 ;

5 per cent. 50-year mortgage bonds, due January 1.-1934. interest payable January and July, $1,897,280), $3.591.-
280 ; unfunded debt. $241.316.14— total. $4.332 596.14. for.ha: Cost of road and equipment. $4.075.388.63 : cash
and current assets, $257.207.51— total, $4.332,596.14. The 1st mortgage bonds are for £100. £500, and £1.000 : the
50-year bonds are for £100 and £200 : both issues are coupon bonds, with privilege of registration. A sufficient
amount of the 50-year bonds is held for retirement of the 1st mortgage bonds. and"there is also a reserve for addi-
tions. In 1887 the Grand Trunk Co. obtained power to redeem these bonds by issuing Grand Trunk debenture
stock, such redemption to be optional on the part of the bondholders. Up to December 31, 1891, £51.900 of the
20-year and £195.900 of the 50-year bonds had been acquired by the Grand Trunk Ry. Co. under this provision.
Interest on both issues of bonds payable at the office of the Grand Trunk Ry. Co. in London. LBWIS J. SEAR-
GEANT. Pntident, Montreal, Can.; F. A. Howe. Vice-Pre*ider<t, Chicago, 111. ; J. H. Muir, Trcawrer, Detroit.
Mich.: Charles Percy, Secretary, Montreal, Can. PRINCIPAL AND TRANSFER OFFICES. Chicago, 111., and
Detroit, Mich.

1084 POOR'S MANUAL — GRAND TRUNK RY. 00. OF CANADA.

INTERNATIONAL, BRIDGE CO.-Black Rock to Fort Erie, 0.69 mile. Rail (steel ., 05 Ibs. ( Char-
tered June, 1857 ; bridge opened July. 1874. Income year ending June 30. 1891, $187.722.: -
$48,787.20 : net income, $138,935,88. Payments : Interest on bonds. S33.83S.20 : dividends &\ per c<-nf
50— $188,851.70. Surplus, $5,583.68. financial Statement, June 30, 1891.— Capital stock, $1,499,900; funded

E.G. Si-AULuiNG. President. Buffalo, N. Y.; Robert Wright, Secretary and Treasurer, Montreal', Can COR-
PORATE OFFICE, Montreal. Can.

JACQUES CARTIER UNION RAILWAY.-Lachine Bank, G. T. Ry., to a point on the C. P.
RR., 6.50 miles. Chartered July 24, 1880. Road opened June 26. 1884. It was built to connect the North Shore
and Canadian Pacific Railway with the Grand Trunk RR. Included in Grand Trunk System January 1 . 1886. L.
•J. SEARI.EANT. President; W. Wainwright, Vice-President; R. Wright, Secretary <m>! Treasurer. Montreal, Can.

LAKESIMCOE JUNCTION RAILWAY.-Stouffville, Ont., to Jacksoirs Point (Lake Simcoe),
26.50 miles. Operations commenced October 1, 1877, from which date it was leased to the T. &N. Ry. Co. for 21
years at 25 per cent, of gross earnings, and now operated in connection with the T. & N. and the Midland Rys.
by the Grand Trunk Ry. Co. Share capital, £35,000 ; funded debt. 1st mortgage 6 per cent, bonds. ?250.00() : Gov-
ernment (Ont.) bonus, $53,000: municipal bonus, $100,000— total, $438,000. J. N. BLAKE, President, Toronto,
Ont.; David Tisdale, Vice-President, Simcoe, Ont.; J. K. Bouchier, Secretary, Georgia, Ont.

'LONDON, HURON AND BRUCE RAILWAY.— Junction (4m. w. London), Ont., to Winsrham,
Ont.. 68.89 miles— total track, 73.95 miles. Chartered in 1871 ; -completed in 1876. Leased to G. W. Ry. <
maintenance and interest. Earnings, etc., included in those of the Grand Trunk Ry. Co. Capital stock
OOOi paid up, $22,810 ; 1st mortgage fi per cent, bonds, guaranteed by lessee, $912,646 ; bonus paid up 'Govern-
ment Ont.), §178,630.08 ; and municipal, $311,500— total liabilities, $1,424,986.08. Cost of property, ?1.424.9S6.0>.
L. J. SEARGEANT, President ; Robert Wright. Secretary, Montreal, P. Q.

LONDON AND PORT STANLEY RAILWAY.— London, Ont., to Port Stanley. Ont.. 23.66
miles— total track, 25.87 miles. Chartered in 1851 : completed in 1866. Leased in 1872 to G. W. Ry. Co. for 5 per
cent, on bonds. Earnings and expenses included with G.T. Ry. Capital stock, $411,550; 1st mortgage 6 per
cent, bonds, $365,945: 2d~ mortgage bonds, $164,400 ; 3d mortgage bonds, $149,996— total, representing' cost of
road, $1, 121,861. JASIES EGAN, President ; Wm. Bowman, Secretary, London, Ont.

MIDLAND RAILWAY OF CANADA.-Port Hope, Ont., to Midland, Out., 124.01 miles ; branch
Milbrook to Lakerield, 24 miles— total, 148.01 miles. Nipissing Division : Scarborough to Cobocouk. Ont., 78
miles ; Stoufl'ville to Sutton, 26.55 miles— total. 104.55 miles. G. J. R. Division : Belleville to Peterborough, 65.6
miles : branch, N. H. Junction to Madoc, 21.5 miles— total, 87.1 miles. Whitby and Haliburton Division : Whitby
to Haliburton, 100 miles. Toronto and Ottawa Division, 32.34 miles. Peterborough to Chemong Wliarf, 8 miles.
Total of all lines, 479.11 miles. Sidings, etc., 71 miles. Gauge, 4 ft. 8£ in. Rail (steel), 365 miles, 56 and 65 Ibs.
History.— The Midland Ry. Co. was chartered as the Port Hope, Lindsay and Beaverton in 1846. Name changed
by Act of Parliament in 1869. Road built from Port Hope to Beaverton (65.95 miles) in 1856 : extended to
Orillia (20.62 miles; in 1872 ; to Waubaushene (19.82 miles) in 1875 : to Midland (14.55 miles) in 1878. In April,
1SS2. the Grand Junction Ry. from Belleville to Peterborough, 66 miles, with branch to Madoc, 15 miles, the
Toronto and Nipissmg RR., Scarborough Junction to Coboconk, 79 miles ; the Whitby, Port Perry and Lindsay,
Whitby to Lindsay, 46 miles ; and the Victoria Ry., Lindsay to Haliburton, 55 miles, were consolidated with the
Midland Ry. of Canada, under the name of that company." It is proposed to make a through line between Tor-
onto and Ottawa, with branches to Georgian Bay and the Canadian Pacific RR. Leased January 1, 1884. to the
•Grand Trunk Railway Co., that company guaranteeing to advance the necessary funds for the payment of interest
on this company's bonds, in case the net earnings from the operation of this road be inadequate. In the event of
such advances being made the Grand Trunk Ry. Co. is to be repaid before the stock of this company receives any
dividend. Financial Statement, December 31, 1890.— Capital stock, $6,600.000 ; funded debt, $10,201,903.83-
total, £16,801,993.88. Contra: Cost of road, equipment, etc., $16,780,011.40. The funded debt consists of con-
sols. £1,572,200; Midland section, £524,100— total, £2,096,300 ($10,151,860.67). The consolidated bonds were
issued in 1882 to take up sectional bonds and provide for improvements and additions. They are 5 per cent. £100
bonds, but may be of such other sums as the directors may deem proper, coupon or registered, due January 1,
1912, interest payable in London, January and July. They are secured \)\ a mortgage deed of trust " of the railway.
its lands, rolling stock, total revenues, and all present and future real and personal property and effects." The
Midland section bonds are 5 per cent., interest pavable May and November principal November 1,1908. They
are exchangeable into consols. They were issued in 1878 ; are to bearer, interest at the rate of 21 per cent, per
annum for the first three years ; afterwards at 5 per cent. The coupon due May, 1878, was not paid till November,
HO, and the fire following coupons were funded in 5 per cent, deferred interest certificates. The subsequent
coupons were paid at maturity. Both principal and interest payable in London. In October. 1887, the Grand Trunk
Ry. Co. offered holders of the above bonds the option of exchange into Grand Trunk 4 per cent, debenture stock —
the consolidated mortgage at the rate of £114 of debenture stock for every £100 of bonds, and the Midland section
bonds at 115 per cent., plus in each case the difference (payable in cash) between the accrued interest on the bonds
and the debenture stock. Of the former, £498,300. and of the latter, £64,800, have been converted under this
arrangement to December 31. 1891. L. J. SEAHGEANT, President ; George A. Cox, rice-President ; C. Perc > .
retary, Montreal, P. Q.

NORTHERN AND NORTHWESTERN RAILWAYS.-Consolidated January 24. 1888, with
the Grand Trunk Ry. Co. For terms of consolidation see statement of the Grand Trunk Ky.. MAM AL tV
page 945. For history previous to consolidation see MANUAL for 1888, page 990.

WELLINGTON, GREY AND BRUCE RAILWAY.-Guelph. Ont.. to Southampton. Ont.,'
101.75 miles ; Palmerston, Ont., to Cincurdine, Ont., 66.60— total, 16s:. :-!."> miles— total track, 186.16 miles. Ifi*ti>n/-
—Chartered in 1869 ; completed in 1874. Leased for 1,000 years to G. W. Ry. Co. (now G. T. Ry. Co.), for H
cent, of gross earnings, the lessee also setting aside 20 per cent, of gross receipts from interchange traffic for the
acquisition of the mortgage bonds at par. Share capital ($1,500,000) paid in $221,200. 1st mortgage 7 per rent.
bonds, $2.589,066.66; bonus paid— Government, Ont.. $241,276, and municipal. $682,000— total, $3,733,54
Cost of works ($22,177.25 per mile), $3.733,542.66. The bonds are for £100 each and are to bearer, the coupons
being payable in London at Dashwood House, New Broad Street, E. C., or at the Bank of Commerce. New York,
on the 1st of January and July. The bonds are payable July 1, 1891, but are subject to acquisition at par by :he
lessee by half-yearly drawings in May and November. The payment of interest is confined to the rental of oO per
•cent, of gross earnings, any deficiency being carried forward against the rental of future years. There is aba
due on the coupon of July, 1883, and all subsequent coupons are in complete arrear. To December 31.
£424,100 of the bonds had been acquired by the Grand Trunk Ry. Co. by purchase, drawings, or in exchange for
4 per cent, debenture stock, leaving £107,900 outstanding in the hands of the public. The Grand Trunk on
from the 1st to 31st of January, 1890, to issue to the holders of the bonds, perpetual 4 per rent, consolidated deben-
ture stock at the rate of £103 of debenture stock in exchange for each £100 W. G. & B. Ry. bond, including
ail unpaid coupons. Listed on the London Stock Exchange. L. J. SEAHGEANT, President: Robert Wright,
.Secretary. Montreal, P. Q,.

POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA. 1085

Board of Directors, G. T. Ry. Co., elected April 23. 1892.

n. W. Tyier Edmonton, Eng.

Claud J. Hamilton London, Eng.

intyre Montreal. Cat

H. Douirhty Browne . .London, Bng. ' James Charles Harrow. Eng.

\Vm.U. lleyL'ate.Loughborough.EnLT. .I.Marnham.Hemel Hempste^

A. Hubbard. London, Eng. | Frank Smith Toronto. Can.

Robert Young Glasgow, Scotland.

HENRY W. TYLER, President Pymmes Park, Edmonton, Eng.

J. B. Renton, Secretary Board Directors . . .London, Eng.

ifr— L. J. Seargeant Montreal, Can. ' Treasurer— Robert Wright Montreal, Can.

PRINCIPAL OFFICE AND ADDRESS Montreal, Qne.

London Offices . Dashwood House, No. 9 New Broad Street, E. C.

GREAT EASTERN RAILWAY COMPANY.
Line of Road Projected.— Dundee, Que., to Levis, Que 250.00 miles.

, . , ( Yamasca. Que., to River St. Francis, Que Q.1'2 miles.

'rmpleted : -( St Gregoire? Que.; to Nicolet, Que 6.60 miles.

Leased : Montreal and Sorel Ry. : St. Lambert, Que., to Sorel, Que 44.67 miles.

Total length of lines operated 57.39 miles.

Sidings, 3.33 miles. Gauge, 4 ft. 84- in. Rail (steel, 44.67 miles 1, 56 Ibs.

History. — Chartered in 1882. Road under construction. On June 1, 1889, this company
leased the Montreal and Sorel Ry., statement for which see.

Rolling: Stock. — Locomotive engines, 5. Cars — passenger (owned, 1 ; leased, 3,4;
platform (owned), 6 — total cars, 10,

Operations for year ending June 30, 1891. — Train mileage (mixed), 31,680 miles. Pas-
sengers carried, 18,396. Tons freight moved, 5,990. Gross earnings, $15,052.66. Operating
expenses, $19,008.66. Deficit, $3,956.

Financial Statement, June 30, 1891.— Capital stock, $1,150,000; Government bonuses,
(Dominion, $229,500 ; Quebec, $156,000), $385,500; paid up, $82,7]9.50; municipal bonus
$'20,000 — total capital paid up, $1.232,719.50. No issue of bonds has been made.

MONTREAL* AND SOREL RAILWAY.— Armstrong to St. Lambert. Que.. 44.67 mile?. Ganee,
. Rail isttel). 5ti Ibs. Hivtoru. — Chartered July 2. 1^*1 : opened April 1. 1882. Leased to the Great
Eastern Ry. Co. June 24. 1889. (See MANUAL for 1891.) Financial Statement, June 30, 1891.— Capital stock,
$750.000. Funded debt consists of (authorized. $790,000) $3*i3.538 1st mortgage 6 percent. 30-year sterling coupon
bonds, payable January 1, 1912. interest payable January and July, government (Dominion) bonus, $112.000 ; paid
•-,'2 : municipal bonus. $14.100— total capital paid up. S1.1S3.450. Cost of road, §1,320,000. Annual meet-
ing held in Montreal. Can. Trustees of bonds. J. S. C. Wiirtele, Montreal, Que., and A. A. Taillou. Sorel, Que.
First mortgage bonds listed on London Stock Exchange. The bonds are for £'100 each, in coupon form, with
privilege of registration, and are secured by a lien on the road, and lands owned by the company. Principal and
interest payable in London at the office of Boyle, Campbell. Buxton £ Co., 80 Lombard St., E. C. : interest also
payab.e in Edinburgh or Glasgow by the National Bank of Scotland. No interest payments luvre been made
since January. 1884. In July. Ts91, Frank Grundy. the general manager of the Quebec Central Ry. was appointed
sequestrator of the line, and the properties are now in his hand*. C. X. ARMSTRONG. Prf*i<ltnt, Montreal. Qne. ;
T. T. Turnbull. Vice-Prutd«nt, Montreal. Que. ; R. Watson, Secretary and Treasurer, Montreal, Que. PRINCI-
PAL AND TRANSFER OFFICES. Montreal. Que.

Board of Director*, Great Eastern Ry. Co., elected March. 1891.

M. v Lonerirau Montreal, Que. ! James Cooper Montreal, Que. ' H. F. Beemer. ...Montreal Que

A. B. ChaffJe " " | T. T. Tunibull -k K. Prefontaine

F. X. Methot St. Pierre, Que.

M. S. LONERGAN. President . . .Montreal, Que.

J1<>--P/ 1>.— A. B. Chaffee Montreal, Que. Secretary and Treat.— S. J. Simpson Montreal, Que.

Auditor— Robert Watson Montreal, Que.

PRINCIPAL OFFICE AXD ADDKESS Montreal, Que.

GREAT NORTHWEST CENTRAL RAILROAD COMPANY.

Line of Road Projected. — Brandon, via Rapid City, to Battleford 450 miles.

Completed : Brandon, 'da Battleford, to Rocky Mountains 50':rniles.

Rail isteel), 56 miles.

History. — This company was incorporated July 22, 1886, as successor to the SourisTand

1086 POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA.

Rocky Mountain Ry. Co., which company (or its successor) received a land grant of 6,400
acres per mile, the same being conditioned upon the completion of the line as follows :
August 1, 1889, 50 miles ; January 1, 1890, 100 miles ; January 1, 1891, 150 miles ; January
1, 1892, 150 miles— total, 450 miles. The line completed as above during 1890. It is intended
to complete the road as soon as possible.

Financial Statement, June 30, 1891.— Capital stock authorized, $2,000,000; paid in,
$500,000 ; bonded debt authorized, $1,250,000 ; none outstanding ; floating debt, bearing 6,
7 and 10 per cent., $675,215.19 — total stock and debt outstanding, $1,175,215.19. Cost of
road, etc., $448,335.93.

Directors, Officers, etc. — Not reported.

GREAT NORTHERN RAILWAY COMPANY.

Line of Road Projected.— St. Andrew's, on Ottawa River, to Quebec 170 miles.

Completed: St. Jerome, Que., to Ste. Julienne, Que 18 miles.

7-7- j r, . • (St. Andrew's to Lachute 7 miles.

Under Construction : j gte Juliennef Que ^ to Montcalm 18 miles<

Gauge, 4 ft. 8i in. Rail (steel), 56 Ibs.

History. — Chartered 1883. Road completed as above in 1890. The Montreal and Lake
Maskinonge Ry., extending from St. Felix to St. Gabriel, 13 miles, really forms part of this
company's through line. The Lower Laurentiar Ry. (see GENERAL INDEX) under construc-
tion between the St. Maurice River and the Q. & L. St. J. Ry., 44 miles, also forms part
of this line. It will leave 60 miles of line to be constructed to complete the through line
from St. Andrew's to Quebec. The company leases one locomotive.

Operations for year ending June 30, 1890 (average 8 miles), (latest reported). — Train
mileage (mixed), 5,008 miles. Passengers carried, 5,000. Tons of freight moved, 6,879.
Gross earnings— passenger, $1,441.16 ; freight, $2,302.99 ; mail, $147.84— total, $3,891.99.
Operating expenses, $2,723.43. Net earnings, $1,168.56.

Financial Statement, June 30, 1891.— Capital stock, $160,000; bonus (Dominion Govt.),
$112,000 ; paid up, $54,588 ; municipal aid, $6,000— total capital— subscribed, $296,000 ; paid
up, $220,588. Cost of road, etc., $360,000. Estimated cost of completed road, $2,728,000.

Authorized funded debt : 1st mortgage 5 per cent. 25-year bonds, due September 1, 1911,
$3,000,000 ; issued, $112,000 ; none outstanding. Annual meeting, first Tuesday in March,
at Montreal, Can. Trustees of bonds, John Beattie and James T. Claxton.

Directors. — R. Prefontaine, L. A. Globensky, G. A. Nautel, M. S. Lonergan, J. O. Du-
pins, Montreal, Can.; T. J. Sullivan, Albany, N. Y.; Jos. Clarkson, New Glasgow, Que.

T. J. SULLIVAN, President Albany, N. Y.

Vice- President— R. Prefontaine Montreal, Can. | Sec., Treas. & Manager— L.A. Globensky. Montreal, Can.

PRINCIPAL OFFICE AND ADDRESS Montreal, Can-

GUELPH JUNCTION RAILROAD COMPANY,

Line of Road. — Guelph, Ont., to Guelph J.c. on C. P. RR. near Campbellsville.15.50 miles.
Sidings, 0.20 mile. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs. per yard.

History, — Chartered by Act of the Dominion Parliament, approved April 19, 1884. Road
opened in July, 1888, and leased for 99 years to the Canadian Pacific Ry. Co. Owned by the
City of Guelph. A subsidy of $51,200 was granted to this company. The charter has been
amended and an extension of the road to Lake Huron authorized.

Financial Statement, June 30, 1891.— Capital stock authorized, $30,000 ; paid in, $21,-
000. Cost of road, etc., $240,000. This company has received a bonus from the Dominion
Government of $46,000, and municipal aid, etc., of $193,000.

POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA. 1087

Directors.— William Bell, Charles Davidson, Thomas Gowdy, John M. Bond, C. Ray-
mond, G. Sleeman, C. Kloepfer, S. J. Taylor.

WILLIAM BELL. Pr> tfdarU Guelph, Ont.

Vice-Prfti'lrnt— George Sleeman Guelph. Out. Secretary and Treag.—A. H. Macdonald — Guelph, Ont.

PRINCIPAL OFFICE AND ADDRESS Guelph, Ont.

INTERCOLONIAL RAILWAY.

Main Line of Road. — Chaudiere Junction (Quebec) to Halifax, Nova Scotia .678.0 miles.

Extension : — Dalhousie Junction to Dalhousie (X. B.) 7.0

Monctou to St. John (N. Bj 89.0

Painsec to Point du Chene (X. B.) 11.0

Truro to Sydney 217.0

Stellarton to Brown's Point Junction 1*2.0

Oxford Junction to Pictou 70.0

Chaudiere Junction to Levis 8.0

Levis to St. Charles June, (via Harlaka) 14.0

Derby Station to Indiantown 14.0

Richmond to Dartmouth 5.0— 216.0 miles.

Branches : — Rimouski (Quebec) 2.0

Newcastle (X. B.) 2.0

Dorchester ( X. B.) 1.0

Sackville (X. B.) 0.5

Stewiacke (X. S.) 1.0

Riviere du Loup Wharf 4.0

Courtney Bay 1.0

Halifax "Cotton Factory 1.0— 12.50 miles.

Total length of main line, extensions, and branches 1,154.50 miles.

Second track, 1 ; sidings, 140.25 miles. Gauge, 4 ft. 8£ in. Rail (steel). 56, 57j, and 67 Ibs.

History. — Owned and operated by the Government of Canada. For date of opening of
the several sections see MANUAL for 1888, page 978.

Rollins^Stock, June 30, 1891. — Locomotive engines, 206. Cars — passenger, 208 ; bag-
gage, mail, and express, 63 ; freight (box, 2,174 ; platform, 2,123; coal, 2,209), 6,506 ; con-
ductors' vans, 99 — total cars, 6,876. Also, 46 suow-ploughs, 10 wing-ploughs, and 27 flangers.

Operations for year ending June 30, 1891. — Train mileage — passenger, 1,261.471 ;
freight and mixed, 3,766,320— total, 5,027,791 miles. Passengers carried, 1,298,304. Freight
moved, 1,304,534 tons. Earnings— passenger, $962,316.88 ; freight, $1,854,629.88 ; mail,
$160,448.62— total, $'2,977.395.38. Operating expenses— transportation, $23,708.81 ; motive
power, $1,281,800.32; maintenance of cars, $548,271.41 ; maintenance of way, $955,293.68 ;
general, $853,267.72— total, $3,662,341.94. Loss from traffic operations, $684,946.56.

Financial Statement, June 30, 1891.— Cost of road, $39,956,695.34 ; equipment, $7,031,-
467.81— total, $46,988,163.15. A government railway— no stock or bonds.

EASTEBN EXTENSION RAILWAY.— New Glasgow. N. S.. to Mulgrave ,N. S., 80 miles. Sid-
ings, 4 miles. Gauge. 4 it. 8* in. Rail (steel ,i, 56 Ibs. Chartered in 1876 under the name of Halifax and Cape
Breton Ry. ; road opened September, 1879. Purchased by the Government, and now forms part of the Inter-
colonial system, under the present name. Cost of road and equipment to June 30, 1891, $1,321,986.89.

JOHN HAGGART, Minister of Railways Ottawa, Ont.

T. Trudeau, Deputy Minister Ottawa, Ont.

General Manager— C. Schreiber Ottawa, Out. | Chief Superintendent— T). Pottinger Moncton, N. B.

PRINCIPAL OFFICE AND ADDBESS Moncton, X. B.

IRONDALE, BANCROFT AND OTTAWA RAILWAY COMPANY.

Line of Road.— City of Ottawa, Ont., to Orillia, Ont 225 miles.

Completed : G. T. Junction, Ont., to Irondale, Ont 12 miles.

Sidings, 0.25 mile. Gauge, 4 ft. 8$ in. Rail (steel, 10 miles), 56 Ibs.

History.— Chartered March 5, 1880. Amended March 4, 1881, March 26, 1884, and

1088 POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA.

March 25, 1886. Road opened from Kininouut, Out., to Irondale, Ont., February 17, 1887.
Extended from Kinmouut to Grand Trunk Junction, 2 miles, during the past year. A fur-
ther extension of 8 miles is under construction. Extension authorized from Bancroft to Sault
Ste. Marie. A subsidy of $160,000 was authorized for a line to connect the Victoria branch
of the Midland Ry. with Bancroft, about 50 miles. Of this amount $15,000 was paid ; the
time for completion was extended to August 1, 1893.

Rolling Stock, June 30, 1891. — Locomotive engine, 1. Cars — passenger, 1 ; freight, 2.

Financial Statement, June 30, 1891.— Capital stock, authorized, $9,000,000 ; paid in,
.$53,500 ; funded debt authorized, $3,375,000 ; Government (Dominion) bonus, $160,000 ; paid
up, $15,000— total capital paid up, $68,500.

Annual meeting, first Monday in May.

Directors. — Charles J. Pusey, Irondale, Ont.; Robert W. Elliott, J. P. Magann, Giles
H. Williams, Toronto, Out.; Robert G. Kingan, Peterboro', Out.; A. W. Humphreyn, New
York, N. Y.

CHARLES J. PUSEY, President and General Manager Irondale, Ont.

Robert W. Elliott, Vice- President Toronto, Ont.

Secretary— L. B. Howl and Irondale, Ont. | Chief Engineer— G. W. Ranney Irondale, Ont.

PRINCIPAL OFFICE AND ADDRESS Irondale, Out.

JOGGINS RAILWAY COMPANY.

Line of Road. — Maccan, N. S., to Joggins Mine, N. S 12.00 miles.

Branches : To Prospect Mines, 0.5 ; to Bairds, 1 1 .50 miles.

Sidings, 1 mile. Gauge, 4 ft. 8} in. Rail (steel, 13.5 miles), 56 Ibs.

History. — Chartered 1883. Road opened January 15, 1888. The total amount Of sub-
sidies received from the Provincial Government to December 31, 1891, was $37,500.

Rolling" Stock, June 30, 1890. — Locomotive engines, 2. Cars — passenger, 2 ; freight
(box, 1 ; platform, 6), 7 — total cars, 9.

Operations for year ending December 31, 1891. — Train mileage (mixed), 17,000 miles.
Passengers carried, 9,067. Tons freight moved, 49,881. Earnings — passenger, $2,857.62 ;
freight, $15,343.34 ; mail, express, etc., $426.36— total, $18,627.32. Expenses— motive
power, $4,926.41; maintenance of cars, $1.179.73; maintenance of way, etc., $3,267.65;
transportation and general, $3,038.30— total, $12,412.09. Net earnings, $6,215.23.

Financial Statement, December 31, 1891.— Capital stock, $450,000 ; funded debt, 6 per
cent, bonds, $175,000 ; bonus (Dominion Government, $42,400 ; Nova Scotia Government,
$38,400), $80,800 ; paid up, $79,900— total capital paid up, $704,900.

Directors. — Robert Cruickshank, Alexander Jardine, St. John, N. B. ; W. C. Miluer,
Sackville, N. B.

W. C. MILNER, President Sackrille, N. B.

J. W. Y. Smith, Vice- President

Enginetr—H. D. Syrnmes Sackville, N. B. | Secretary and Trcfm.—J. P. Allison. . . .Sackville, N. B.

PRINCIPAL OFFICE AND ADDRESS Sackville, N. B.

KINGSTON AND PEMBROKE RAILWAY COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused.)

Main Line of Road.— Kingston, Ont., to Pembroke, Ont 113

Branches to Iron Mines and Mills 10 — 123 miles.

Sidings and other tracks, 21 miles. Gauge, 4 ft. 8i in. Rail (steel), 56 Ibs. ; iron, 50 to
84 Ibs.

History. — Chartered April 14, 1871 ; road opened June 17, 1875 ; extended to Renfrew
in 1884. At the latter place and at Sharbot Lake connection is made with the Canadian

American Bank Note Company,

78 TO 86 TRINITY PLACE, NEW YORK.

BUSINESS FOUNDED, 1795.— INCORPORATED UNDER LAWS OF STATE OF NEW YORK, 1858.— REORGANIZED, 1879

ENGRAVERS i PRINTERS

OF

BONDS AND STOCK CERTIFICATES,

And all other documents requiring security. Bank Notes, Bonds, Postage and Revenue Stamps
for Foreign Governments, Drafts, Checks, Bills of Exchange, Letter Heads, etc.

ENGRAVING AND PRINTING

EXECUTED IN THE FINEST AND MOST ARTISTIC STYLE FROM STEEL PLATES.

WITH SPECIAL SAFEGUARDS TO PREVENT COUNTERFEITING.

Special papers manufactured exclusively for use

of the Company.

SAFETY COLORS. - - SAFETY PAPERS.

WORK EXECUTED IN FIRE-PROOF BUILDINGS.

Railway Printing of all Descriptions

RAILWAY TICKETS, MAPS, FOLDERS,

AND

ILLUMINATED SHOW CARDS

OF THE MOST APPROVED STYLES.
NUMBERED, LOCAL AND COUPON TICKETS, of any Size, Pattern, Style, or Device with Steel Plate Tir.ts,

LITHOGRAPHIC AND TYF>K PRINTING.

SHOW CARDS, XABELS, CALENDARS.

Books of Ever^ Description.

TRUSTEES :

JAMES MACDONOUGH, PRESIDENT.

AUG. D. SHEPARD,— VICE-PRESIDENTS— TOURO ROBERTSON.

THEO. H. FREELAND, SECRETARY & TREASURER.
JNO. E. CURRIER, ASST. SECRETARY. J. K. MYERS, ASST. TREASURER,

P. C. LOUNSBURY, JOS. S. STOUT, J. B. FORD,

T. H. PORTER, W. J. ARKELL, E. C. CONVERSE ELLIOTT F SHEPARD.

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HENRY \V. POOR. JOHN GREENOUGH.

POOR S GREENOUGH,

BANKERS,

20 WALL STREET, NEW YORK.

Orders Executed for all Securities Dealt in at
the New York Stock Exchange.

RAILWAY INVESTMENT

A Specialty.

CHOICE SECURITIES ALWAYS ON HAND.

We are in correspondence with nearly every Railroad

Company in the Country through our

connection with

"POOR'S MANUAL OF RAILROADS,"

which gives us special advantages for information for
the benefit of our customers.

Correspondence Invited. Interest allowed on Deposits, subject to Check at sight

20 WALL STREET, NEW YORK.

POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA.

1089

Pacific Ry. This company lias running powers over the Canadian Pacific from Renfrew to
Pembroke, about 35 miles, and from Pembroke to Nipissing, a further distance of 140 miles.
It also has the right to have its traffic carried, with the same diligence, despatch and care
as Canadian Pacific traffic, and at arbitration rates, from Nipissing to Sault Ste. Marie, a
distance of 300 miles. These privileges are granted by the Government, but they are as yet
unused. The Kingston, Napanee and Western Ry Co. uses this company's line between
Kingston and Harrowsinith, 20 miles.

Rolling Stock, December 31, 1890. — Locomotive engines, 11. Cars — passenger and
vans, 10 ; mail, 7 ; freight (box, 39 ; flat, 291), 230— total, 247. Also 3 snow ploughs and 2
scrapers.

Operations for year ending December 31, 1890. — Train mileage, etc., not reported.

General Balance Sheet, December 31, 1890.

Cost of Road, Equipment, and Real Estate $6,078,469 61

Securities ,

Stock of Coal, Iron, Ties, etc., on Hand.

Bank Current Account

Cash on Hand

6,078,469 61

Capital Stock

$4,500,000 00

91,200 00

Bonus from Co. of Fontenac.

$170,000 00

47,894 83

Bonus from City of Kingston

318,000 00

6,630 08

Bonus from Prov. of Ontario

456,493 03

9.227 66

Bonus from Vil. of Renfrew.

3,000 00

Bonus from Dom. Governnvt

48,000 00—

995,493 03

Forfeited Subscriptions

18,320 00

First Preference Bonds

572,000 00

Balance of Open Account

86,352 71

December Pay Roll

7,502 43

Bills Payable

22,500 00

Profit and Loss

31,254 01

6,233,422 18

Total Liabilities...

$6,233,422 18

Total Asset-* $6,233,422 18

The funded debt consisted, December 31, 1890, of $572,000 1st mortgage 6 per cent. 30-
year bonds, due January 1, 1912, interest payable in January and July. The bonds are
redeemable at the option of the company, after six months' notice, at 105. The company
has Government and municipal subsidies of $1,000,000, and received from the Dominion
Government 630 acres of laud in the city of Kingston for terminal facilities, and 60 acres
additional under water for docks, at nominal figures. The company also owns 18 acres at
Renfrew and ten acres at Sharbot Lake. It is exempt from taxation for 20 years in Kingston
and Renfrew. The stock is listed on the New York Stock Exchange.

Directors (elected February 11, 1891).— R. P. Flower, J. D. Flower, Henry Seibert, New
York, N. Y. ; H. H. Porter, Chicago, 111. ; C. F. Gildersleeve, G. A. Kirkpatrick, B. W. Fol-
ger, James Swift, M. H. Folger, Kingston, Ont.

C. F. GILDERSLEEVE, President Kingston, Ont.

John D. Flower, Vice-President, New York, N. Y

Secretary and Treasurer— T. W. Nash. .Kingston, Ont. I Auditor— M. J. Neville. .. Kingston Ont
Asst. Sec. and Treas.— Floyd Vail. . . .New York, N. Y. | Superintendent— B. W. Folger

PRINCIPAL OFFICE AND ADDRESS Place d'Ames, Kingston, Ont., Canada.

Transfer Office 52 Broadway, New York, N. Y.

KENT NORTHERN RAILWAY COMPANY.

(Following statement repeated from MANUAL for 1891; later information refused.)

Line of Road. — Richibucto, N. B., to Kent Junction, N. b 27

Branch : Richibucto, N. B., to St. Louis 7 — 34 miles.

Sidings, 1 mile. Gauge, 4 ft. 8| in. Rail, 56 Ibs.

History.— Chartered March 27, 1874 ; road opened 20 miles in December, 1881 ; to present
terminus in November, 1883.

Rolling Stock. — Locomotive engines, 3. Cars — passenger, 2 ; freight (box, 2 ; coal, 2 ;
platform, 4), 8— total, 10.

Operations for year ending June 30, 1890. — Trains run (mixed), 18,366 miles. Passen
69

1090 POOR'S MANUAL OF RAILROADS — DOMINION. OF CANADA.

gers carried, 4,747."- Tons freight moved, 15,250. Earnings — passenger, -$4,210.25 ; freight,
$10,080 ; mail, etc:, $850.25— total, $15,141. Expenses, $15,320.50. Net earnings, $2,820.50.

Financial Statement, June 30," 1891. — Capital stock authorized, $100,000 ; subscribed,
$80,000 ; Government (N.ew -Brunswick, $156,000 ; Dominion, $80,734.8?) bonuses paid up,
$236,;734;87; .Contra: Cost of road and equipment, $246,000.

Annual meeting, second Tuesday- in 'May, at Richibucto, N. B. .

ST. LOUIS, BICHIBTICTO AND BTJCTOTJCHE RAILWAY.— Richibucto, N.B., to St. Louie,
N. B.,. 7 miles— total track, T-.25 "miles. Gauge, 4 ft. 8^ in. Rail- (steel), 56 Ib8.. Chartered, April, 1882; road
opened November, 1885. 'Leased to John C. Brown, General Manager. Capital stock authorized, $100,000 ; sub-
scribed, $45,000 ; .government . aid .(Dominion,, $22,400 ; N. B., $21,000), $43,400 ; paid up, $43,000. H. O'LEARY,
Pretident; Geo. V. Mclnerny, Secretary, Richibucto, N. B.

- . Board of. Directors, Kent Northern Ry. Co. \

3 D Chip man St. Stephen, N. B. J. D. Phinney Richibucto, N. B. i Wm. Gillespie St. Stephen, N. B.

D.F.Maxwell..." ". "- C. H. McKenzie. .St. Stephen, -N. B.|.Wilmot Brown. .. .Richibucto, N. B.
Robert Hutchinson Richibucto, N. B.

J. D. CHIPMAN, President . . . St. Stephen, N. B.

D, F. Maxwell, Vice-Preside nt '...... .St. Stephen, N. B.

Secretary— J. D. Phinney. .Richibucto, N. B. | General Manager— Wilmot Brown; . . Richibucto, N. B.

PRINCIPAL OFFICE AND ADDRESS Richibucto, N. B.

KINGSTON, NAPANEE AND WESTERN RAILWAY COMPANY.

Main Line of Road.— Napanee, Ont., to Tweed, Ont ................ 49.45

Harrowsmith Branch : Yarker, Ont., to Harrowsmith, Ont .............. 7.00—56.45 miles.

(Grand Trunk Ry. : Napanee to Deseron to Jc., Ont ..... . ........ .. 5.00 miles.

1 rackage : -j ^ngston ami Pembroke Ry.:: Harrowsmitli to Kingston, Ont. ..... .19.00 miles.

Total length of railroad operated.. . . . ........... ....... ..... ........ .... ,80.45 miles.

Sidings, 4 miles. - Gauge, 4 ft. 8£ in. t Rail (steel)/ 56 Ibs.

; History. — Chartered in May, 1870, as -the Napanee, Tarn worth and Quebec Ry. Co., and
road opened to Tainworth; 28.5 miles, August 1, 1883. The name-was changed in 1889,
ami the extension "to Tweed and branclrto Harrowsmith were opened in 'December, 1889.
Leased July-1, 1891, to the Bay of.Qutnte Ry. and Navigation Co.

Rolling Stock, June 30, 1891. — Locomotive engines, 5. Cars — passenger^ 6 ; baggage,
mail, and express, 2; freight (box, 14 ; platform, 77 ; caboose, 2); 93— totalcars, 101.

Operations for year ending June 30, 1891.— Train mileage— passenger, 39,000 ; mixed,
80,547— total, 119,547 miles. Passengers carried, :44,073. Tons freight moved, 92,515.
Earnings— passenger, $18,362.37 ; freight, $54, 796; 43 ; mail and express, $6,524.18 ; other,
$237.99— total, $79,920.97. Expenses,- $64,536.58. Net earnings, $15,384.39. Paid interest
on bonds, $29,836 09. Deficit, $14,451.70. Surplus forward, $18,003!72. Net surplus,
$3,552.02.

Financial Statement, June 30, 1891.— Capital stock ($750,000 authorized ; par, $100),
$44,500 ; funded debt (1st mortgage 6 per cent, coupon bonds, dated January, 1891, due July
31, 1896, interest payable January and July ($500,000 authorized), $400,000 ; forfeited stock,
$1,983.35 ; government and municipal bonuses, $355,934*43 ; due Rathbun Construction Co.,
$238,715.43; current accounts', $1,200; profit and loss, $3,552.02— total, $1,045,885.23.
Contra: Cost of road and rolling stock, $1,045,829.73; current Accounts, $55.50 — total,
$1,045,885!23.

'Annual meeting, first "Monday in August, at Deseronto, Ont. Stock may be voted when
transferred. Registrar of stock, treasurer of company. Trustee of bonds, A. G. Ramsay
and A.~ Bruce, Hamilton, Ont.

Directors (elected October 13, 1891).— E. W. Rathbun, F. S. Rsithbun, W. R. Aylesworth,
E. Walter Rathbun ," R. C." Carter, H. B. Rathbun, H. 'B. Sherwood, Deseronto, Ont.
E. W. RATHBUN, President .............................. Deseronto, Out.

rice-President-W. R. Aylesworth ..... Deseronto, Ont . I ,fce." and Trea^—?: S. Rathbun ........ Deseronto, Ont.

Gen. Supt.—K.'ti. Sherwood: ............ Napanee, Ont. | Auditor— G. A. Millener. — .........

PRINCIPAL OFFICE AND ADDRESS ................................ Deseronto, Ont.

POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA. 1091

LAKE EEIE AND DETROIT RIVER RAILWAY COMPANY.

Line of Road.— Walkerville, Ont., to Leamington, Ont 38 miles.

Sidings, etc., 9.75 miles. Gauge, 4 ft. 8| in. Rail (steel, 47 miles), 56 Ibs.

History. — Chartered as the Lake Erie, Essex and Detroit River Ry. Co. May 1, 1885 ;
road opened December 22, 1888. Name changed to above title during the past, year. This
company received a subsidy from the Government to the amonnt of $118,400.

Rolling Stock, December 31, 1891.— Locomotive engines, 4. Cars— passenger, 9 ; bag-
bage, etc., 2 ; freight (box, 8 ; platform, 74 ; coal, 21 ; caboose, 3), 106— total cars, 117.

Operations for year ending December 31, 1891.— Train mileage — not reported. Passen-
gers carried, 71,188. Tons freight moved, 194,370.

Earnings.— Passenger $28,422 51 j Expenses.— Transportation $14,698 19

Freight 64,37652 Maintenance of Equipment 22,91059

Mail° 3,501731 Maintenance Way & Bldgs 12,15682

Express 1,29694 General 9,50942

Total ($2,568.36 per mile) $97,597 TO Total ($1,559.74 per mile) $59,270 02

Net earnings (39.27 per cent.), $38,327.68. Paid interest on bonds, $30,000 ; on debt,
$591.48— total, $30,591.48. Surplus, $7,736.20.

Financial Statement, December 31, 1891.— Capital stock (authorized, $1,000,000 ; sub-
scribed, $200,000) ; paid in, $20,000 ; government and municipal bonuses, $170,689.18 ; funded
debt, first mortgage 6 per cent. 20-year $100 bonds, dated January 1, 1890, interest payable
January and July, $500,000 ; bills payable, $14,336.48 ; current accounts, $7,096.92 ; coupons
payable January 1, 1892, $15,000 ; profit and loss, $25,902.75— total, $753,025.33. Contra :
Cost of road and equipment, $690,689.18 ; materials, $6,182.36 ; other assets, $27,773.07 ;
current accounts, $14,358.12; cash, $8,589.18— total, $753,025.33.

Annual meeting, first Tuesday in May, at Windsor, Out. Interest payable at Walker-
ville, Ont.

Directors (elected May 26, 1891).— Hiram Walker, J. Harrington Walker, E. Chandler
Walker, Frank Walker, William Ackman, Jr., Detroit, Mich. ; S. A. King, Kiugsville,
Out.; Joseph G. Leggatt, Windsor, Ont.

HIRAM WALKER, President Detroit, Mich.

S. A. King, Vice- President Kingsville, Ont.

Secretary— J. G. Leggatt Windsor, Ont. I Treasurer— J. H. Walker Walkerville, Ont.

General Auditor— A. Leslie Walkerville, Ont. | General Manager— E. C. Walker WalkerriHe, Ont.

PRINCIPAL OFFICE AND ADDRESS . .Walkerville, Ont.

LAKE TEMISCAMINGUE COLONIZATION RAILWAY COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused.)

Line of Road. — Mattawa, Ont., to head of Lake Kippewa, Ont 15.50 miles.

Gauge, 3 ft. Rail (steel), 16 and 30 Ibs.

History.— Chartered July 20, 1886. Road opened for traffic, Jane 9, 1887. This com-
pany received, to December 31, 1891, as subsidy, the sum of $52,760. By special Act this
company was empowered to convey or lease its road to the Canadian Pacific Ry. Co., aud also
to extend the railway to the head of Lake Temiscamiugue ; the company's works to be com
pleted by June 10, 1896.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; freight (box, 1 ; platform,
17), 18— total cars, 20.

Operations for year ending June 30, 1890. — Train mileage not reported. Passengers
carried, 5,088. Tons of freight moved, 1,410. Earnings— passenger, $10,363.33 ; freight,
$17,628.89 ; other, $1,928.02— total, $29,920.24. Operating expenses, $17,186.62. Net earn-
ins, $12,7Sp.62.

Financial {Statement, June 30, 1891.— Capital stock (authorized, $100,000) paid up,

1092 POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA.

$12,500 ; bonuses (Dominion Government, $177,200 ; Quebec, $250,000), $427,200 ; paid in,
191,180. Total capital paid up, $103,680. Floating debt, $80,000.

Directors and Officers. — Not reported.

PRINCIPAL OFFICE AND ADDRESS Mattawa, Ont.

L'ASSOMPTION RAILWAY COMPANY.

Line of Road. — L'Epiphanie Station, C. P. Ry. , to L'Assomption, Que 3 miles.

Sidings, 0.25 mile. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

History. — Road opened October 15, 1886. This is a joint stock company.

Rolling1 Stock. — Locomotive engine, 1. Cars — passenger, 1 ; band, 1 — total cars, 2.

Operations for year ending June 30, 1891. — Train mileage, 4,068 miles. Passengers
carried, 7,105. Tons of freight moved, 604. Gross earnings, $1,690.95. Operating expenses,
$1,605.42. Net earnings, $85.53.

Financial Statement, June 30, 1891.— Capital stock subscribed. $19,000 ; paid in, $10,-
000 ; bonuses (Dominion Government, $11,200 ; Quebec Government, $7,350), $18,550 ; paid
in, $14,875. Total capital subscribed, $37,550; paid hi, $24,875 ; floating debt, $2,465.58.

Annual meeting January 1, at Montreal, Can.

Sole Proprietors.— Charles Gill, A. C. Wiirtele, Montreal, Que.

CHARLES GILL, President .Montreal, P. Q.

A. C. Wiirtele, Sec. , Treas., and Q-en. Manager Montreal, P. Q.

PRINCIPAL OFFICE AND ADDRESS 1650 ISotre Dame St., Montreal, P. Q.

LOWER LAURENTIAN RAILWAY COMPANY,

Main Line of Road. — St. Tite Junction to River a Pierre Sta., Que 39.0

Branch : St. Tite Sta. to Laurentides Saw Mill 0.5—39.5 miles.

Sidings, 1.50 miles. Gauge, 4 ft. 8* in. Rail (steel), 56 Ibs.

History. — Originally chartered at the St. Lawrence, Lower Laurentian and Saguenay
Ry. Co. Name changed in 1888. Road opened as above November 9, 1891. The road is
projected to run from Three Rivers (on the west side of the St. Maurice River) via Grand
Piles to River a Pierre Station, on the Quebec and Lake St. John Ry., a distance of 73
miles. It is expected that it will be completed during 1893.

Rolling Stock, December 31, 1891. — Locomotive engines, 2. Cars — passenger, 2 ; bag-
gage, etc., 1 ; freight (platform, 30 ; caboose, 1), 31 — total cars, 34.

Financial Statement, December 31, 1891. — Capital stock authorized. $1,500,000 ; sub-
scribed, $500,000; paid in, $110,000; Government aid (Dominion, $217,600; Quebec, $168,-
000), $385,600 ; paid up, $259,000 ; municipal bonus, $25,000— total capital subscribed,
$910,600 ; paid up, $394,000. Contra: Cost of road, $700,000 ; equipment, $35,000.

Directors (elected March 3, 1891).— James McNaught, George R. Howell, G. S. Jones,
William A. Williams, New York, N. Y.; R. Kicernau, Three Rivers, Que.; William Cook, I
Jules Tessier, Quebec, Que.

JAMES MCNAUGHT, President New York, N. Y.

rice- President— R. Vicernau Three Rivers, P. Q. | Sec. and Treas.— Win. A. Williams. . . New York, N. Y.

General Manager and Contractor— C. A. Scott Quebec, Que.

PRINCIPAL OFFICE AND ADDRESS Quebec, P. Q.

MANITOBA AND NORTHWESTERN RAILWAY COMPANY,

(Statement of operations repeated from MANUAL for 1891 ; later information refused.)

Line of Road. — Portage la Prairie, Man., to Yorkton, Man . . 223.05 miles.

Branch : Binscarth to Russell 11.45 miles.

Leased : Saskatchewan & Western RR. : Minmdosa to Rapid City 15.47 mile?

Total length of line operated June 30, 1891 249.1)7 miles

Sidings, 19.39 miles. Gauge, 4 ft. 8* in. Rail (steel, 232.71 miles), 56 Ibs.

POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA. 1093

History. — Incorporated by Acts of Parliament of the Dominion of Canada and the
Province of Manitoba. Road completed and opened as follows : April, 1886, 130 miles ; Feb-
ruary, 1888, 50 miles additional. At the close of 1888, 205.50 miles of road were in operation.
Traffic arrangements have been consummated between this company and the Canadian Pacific
Ry., with which this line connects at Portage la Prairie. An extension of the main line from
Langenburg to Saltcoats was completed in 1890, and one from Saltcoats to Yorkton during
the past year. The company has a land grant of 2,752,000 acres.

Hulling Stock, June 30, 1890. — Locomotive engines, 7. Cars — passenger, 8 ; baggage,
4 ; freight (box and stock), 163 ; platform, 62 — total cars, 251.

Operations for year ending June 30, 1890. — Trains run (passenger, 60,519 ; freight,
41,718 ; mixed, 5.070), 107,307 miles. Passengers carried, 21,161. Tons of freight moved,
41.026. Earnings— passenger, $39,179.10 ; freight, $88,602.15 ; mail and express, $6,976.77 ;
miscellaneous, $4,317.73— total, $139,075.75. Expenses— motive power, $40,622.84; main-
tenance of cars, $11,320.70 ; maintenance of way, etc., $64,760.46 ; general, etc., $50,165.39
—total, $166,869.39. Deficit from operation?, $27,793.64.

Financial Statement, June 30, 1891.— Capital stock, common (authorized, $12,000,000),
$5,837,500 ; preferred, $415,000 ; funded debt, $3,241,200 1st mortgage bonds, bearing 5 per
cent, till December 1, 1890, and 6 per cent, thereafter till redemption, due December 1, 1933,
interest, payable June and December ; Government (Manitoba) aid, $739,000 ; municipal aid,
$215,600— total, $10,448,300. Contra : Cost of road and equipment, $3,538,261.41.

The bonds are a first lien (being at the rate of £3,000 per mile) on the road and rolling
stock, and are further secured by a conveyance to the trustees of the lands held by the com-
pany, to provide funds for the payment of the principal and interest ; for redemption of the
bonds either by purchase uuder or by drawings at 120 per cent. Before applying the proceeds
of land sales to the redemption of bonds, the trustees must retain sufficient funds on hand to
provide for two years' interest in advance on ttie bonds outstanding. Principal and interest
are payable at the London' office of the Clydesdale Bank, 30 Lombard St., E. C. Trustees,
F. D. Grey and Sir J. R. Heron Maxwell.

Directors. — Andrew Allan, H. M. Allan, Andrew A. Allan, A. T. Drummond, Montreal,
Can. ; Hugh A. Allan, Bryce J. Allan, Boston, Mass. ; W. K. Allan, F. H. Brydges, Winni-
peg, Man.

ANDREW ALLAN, President Montreal, P. Q.

F. H. Brydges, Vice-President Winnipeg, Man.

••;/— E. W. Riley Montreal. Can. 1 G-fii. Supf. & Trtas.—W. R. Baker, Port, la Prairie, Man.

PRINCIPAL OFFICE AND ADDRESSES. . . . -J f °rtaffe la Prairie' Man"

( \\ innipeg, Man.

MONTBEAL AND LAKE MASKINONGE RAILWAY COMPANY.

Line of Road.— St. Felix to St. Gabriel de Bradron, Que 12.9 miles.

Sidings, 0.5 mile. Gauge, 4 ft. 8$ in. Rail (steel). 56 Ibs. per yard.

Historj. — Organized in 1887. Of the above line 5 miles were completed in 1888, and
the remainder in 1890. The Government subsidized this road to the amount of $42,200, of
which $41,280 had been paid up to December 31, 1891.

Rolling Stock.— Supplied by the Canadian Pacific Ry. Co.

Operations.— Xot reported.

Financial Statement, June 30, 1891.— Capital stock authorized, $100,000; paid in,
&25.000 ; bonded debt, $100,000 5 per cent, bonds ; Government (Dominion, $42,200 ; Quebec,
$87.250) bonus, $129,500 ; paid up, $128,530— total capital paid up, $253,530 ; floating debt,
bearing 5 per cent., $100,000— total, $353,530.

Directors, Officers, etc.— Not reported.

1094 POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA.

NEW BRUNSWICK AND PRINCE EDWARD ISLAND RY. CO.

(Following statement repeated from MANUAL for 1891 ; later information refused.)

Line of Road. — Sackville Station I. C. Ry. to Cape Tonnentine, N. B 36 miles.

Sidings, 1.50 miles. Gauge, 4 ft. 8i in. Rail (steel, 36 miles), 36 Ibs.

History. — Chartered 1885. Road completed towards close of 1887. Connects by ferry
with Prince Edward Island.

Rolling Stock, June 30, 1890. — Locomotive engines, 3. Cars — passenger, 2 ; freight,
(box, 2 ; platform, 33), 35— total cars, 37.

Operations for year ending June 30, 1890. — Train mileage — passenger, 4,728 ; freight,
12,708 ; mixed, 22,536— total, 39,972. Passengers carried, 18,770. Tons freight moved,
45,900. Earnings— passenger, $6,760.80 ; freight, $18,736.23; mail and express, $1,097.08 ;
other, $18.23— total, $26,612.84. Operating expenses, $13,465.31. Net earnings, $13,147.03.

Financial Statement, June 30, 1891. — Capital stock authorized, $500,000 ; paid in,
$212,850 ; bonded debt, $100,000 6 per cent, bonds ; bonus (Dominion Government, $118,400;
New Brunswick Government, $108,000), $226,400 ; paid in, $213,148.90. Total capital paid
in, $525,998.90. Cost of road, $270,385.78.

Directors. — Josiah Wood, A. E. Botsford, Jos. L. Black, Amos Ogden, Charles Fawcett,
George Campbell, Fulton McDougall.

JOSIAH WOOD, President and General Manager Sackville, N. B.

Secretary— W. C. Milner Sackville, N. B. | Treasurer— C. B. Trueman Sackville, N. B.

PRINCIPAL OFFICE AND ADDRESS Sackville, N. B.

NEWFOUNDLAND RAILWAY.

„ • n*«A j St- John's to Hall's Bav, Newfoundland 340

Line of Road Projected, -j gt Jolm,g to Carb0nea'r. 100-440 mil*.

Completed : St. John's to terminus 96 miles.

Sidings, 5 miles. Gauge, 3 ft. 6 in. Rail (steel, 45 miles), 35 Ibs.

History.— Chartered May 9, 1881 ; road opened to Holy rood, July, 1882 ; to Salmon Cove
about November of same year. No recent report from this company. All information re-
fused. (See MANUAL for 1889, page 963.) The Government has power to purchase the rail-
way at any time after 35 years, at a valuation.

Financial Statement. — Six per cent. 1st mortgage land grant bonds (Southern Division),
£400,000. These bonds were issued in London in July, 1882. They are secured by a cash
subsidy of £108 per mile, to be paid by the Government of Newfoundland for a period of 85
years, by a first lien on the 100 miles of road forming the Southern Division (comprising the
railway and branches from St. John's to Harbour Grace on Conception Bay, about 100 miles)
and upon the Government land grant of 5,000 acres per mile. Interest 6 per cent., payable
January and July, at office of Melville, Evans & Co., 75 Lombard St., E. C. The bonds will
be redeemed by July 1, 1932, from the proceeds of sales of lands, either by purchase up to
1*20 per cent, or by drawings at that price. They will also be received at 120 per cent, by
the company in payment of lands. Coupon No. 5, dated January 1, 1885, was paid as to £1
5s. in August, 1890, as to 15s. and January, 1891, and £1 in July, 1891. Coupon due July 1,
1885, and subsequent .coupons are in arrear, but the receiver is applying to the Court for
authority to pay £1 5s. on account coupon of July 1, 1885.

Directors (elected June 21, 1884).— Frank H. Evans, Wm. McCondrad, I. De Maucha,
Wm. R. Adamson, Stanley Ford, London, Eng.

FRANK H. EVANS, Pres. and Receiver. . .70 Gracechurch St., London, Eng.
Vtce-Pres.— Wm. McCondrad London, Eng. | (fen. Mcjr. — 'E. II. Saville St. John's, Newfoundland.

PRINCIPAL OFFICE AND ADDRESS St. John's, Newfoundland.

London Office . . . . .3 Abchurch Lane, E. C.

POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA. 1095

NOSBONSING AND NIPISSING RAILWAY COMPANY.

(Following statement repeated from MANUAL for 1891 ; later information refused.)

Main Line of Road. — Xosbonsing (on the C. P. Ry.) to Nipissing 5.50 miles.

Sidings, 1.25 miles. Gauge, 4 ft. 8£ in. Rail (steel, 5.5 miles), 56 Ibs. per yard.

Rolling Stock, June 30, 1890. — Locomotive engine, 1. Cars (platform), 35.

Operations for year ending June 30, 1890.— Train mileage (freight), 12,000 miles. Tons
of freight moved, 211,500. Earnings (freight), $42,307 ; miscellaneous, $320— total, $42 627.
Expenses, $43,695.97. Deficit from operations, $1,068.79.

Financial Statement, June 30, 1891.— Capital stock authorized, $250,000 ; paid up,
$205,000. Cost of road, $237,000.

Directors and Officers.— Not reported.

NOVA SCOTIA CENTRAL RAILWAY COMPANY.

Line of Road. — Middleton, X. S., to Lunenburg, X. S 74 miles.

Sidings, etc., 4 miles. Gauge. 4 ft. 8£ in. Rail (steel), 56 Ibs.

History. — Chartered as the Xietaux and Atlantic Ry. Co. in 1873. Thirty-four miles of
rails were laid during 1888 from Bridgewater, east, and the remaining 40 miles are expected
to be completed as soon as possible. The temporary wooden bridges are being replaced, by
iron structures. The province of Nova Scotia granted to the company 150,000 acres of land
and a cash subsidy of $440,000; of which $283,000 has been earned and received by the com-
pany. The Dominion (Ottawa) Government also granted a subsidy of $256,000, payable and
available as each ten miles of road are completed. The company has received authority to
extend the line from Middleton to Margaretville, on the Bay of Fundy.

Road sold under foreclosure sale, Xovember 23, 1891, at the suit of the Farmers' Loan
and Trust Co., Xe\v York. It was bid in at $515,000 by James B. Ernlauerand F. B. Wade,
acting as a committee for the bondholders.

Rolling Stock, December 31, 1891. — Locomotive engines, 5. Cars — passenger, 5 ; com-
posite, 1 : baggage,etc., 2 ; freight (box, 13; platform. 49), 62 — total cars, 70. Also, 1 snow
plow.

Operations for year ending December 31, 1891. — Trains run, 64.287 miles. Passengers
carried, 48,202. Tons freight moved, 17.454. Earnings— passenger, $26,619.36 : freight,
$20,052.08 ; other, $745.12— total, $47,416.56. Expenses— maintenance of way, $17,6?7.6o ;
equipment, $11,151.59 ; transportation and general, $11,176.19 — total, $39,955.43. Xet earn-
ings, $7,461.13.

Financial Statement, June 30, 1890. — Capital stock (par value, $100), $1,000,000 ; paid
up, $700,000 ; funded debt (authorized, $2,800,000), $1,000,000 5 per cent. 30-year land grant
bonds, with sinking fund provision for redemption ; Government bonuses (Dominion, $256,-
000; Xova Scotia, $411,119.94), $667,119.94; paid up, $630,219.94; capital from other sour-
ces, $233,000— total capital paid up, $2,563,219.94. Cost of road, $1,450,000. The bonds
are deposited with the Farmers' Loan and Trust Co., trustee.

Directors and Officers. — Xot reported.

PRINCIPAL OFFICE AND ADDRESS Middleton, Annapolis Co., N. S.

OTTAWA AND GATINEAU VALLEY RAILWAY COMPANY.

Line of Road Projected.— Hull, Que., toward the village of Le Desert 62 miles

Completed, December 31, 1891 : Hull, P. Q., to end of track 20 miles.

History.— Organized in 1885 ; reorganized in 1887. Road completed as above in 1891.
in progress on a further 10-mile extension, to be completed in 1892. The company has
been subsidized to the extent of $640,000 and 6,000 acres of land per mile of road— of which

1096 POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA.

$242,412 had been paid up to June 30, 1891. This applies to the first 20 miles, which
were opened for traffic December 28, 1891.

Financial Statement, June 30, 1891. Capital stock authorized, $1,000,000 ; paid in,
$4,000. Government aid (Dominion, $320,000 ; Quebec, $320,000), $640,000 ; paid up, $242,-
412— total paid up, $246,412. Floating debt, bearing 7 per cent., $225,911.59.

Directors.— H. J. Beemer, Chas. A. Mackintosh, H. L. Maltby, E. A. Hoare, Luke
Heney, J. W. Currier, Harry G. Beemer.

H. J. BEEMER, President Montreal, P. Q.

Charles A. Mackintosh, Vice-President Montreal, P. Q.

PRINCIPAL OFFICE AND ADDRESS Montreal, P. Q.

PONTIAC PACIFIC JUNCTION RAILWAY COMPANY.
(FoRowng statement repeated from MANUAL for 1891 ; later information refused.)

Line of Road Projected.— Aylmer, P. Q., to Pembroke, Ont 85 miles.

Completed : Aylmer toward Pembroke 71 miles.

Sidings, 2 miles. Gauge, 4 ft, 8* in. Rail (steel, 71 miles), 56 Ibs.

History.— Road opened to Shawville, 36.8 miles, in March, 1886 ; to Coulonge, 50.3
miles, in November, 1886; and to present terminus in January, 1887. The company received,
a subsidy of $174,828 for the above completed 71 miles. By special Act the time for com-
pletion of railway to Pembroke and of the bridge over the river Ottawa was extended to May
22, 1892. The company has been given power to purchase from the Canadian Pacific Ry. Co.
the section between Hull and Aylmer or any portion thereof.

Rolling Stock, June 30, 1890. — Locomotive engines, 4. Cars — passenger, 2; baggage,
mail, and express, 1 ; box, 5 ; platform, 33; hopper and dumping, 20 — total cars, 61.

Operations for year ending June 30, 1890.— Trains run (mixed), 42,408 miles. Total
engine service, 44,992 miles. Passengers carried, 21,740. Tons freight moved, 20,080.
Earnings— passenger, $16,290.12 ; freight, $17,808.53 ; mail and express, $2,358.24; other,
$374.54— total, $36,831.43. Operating expenses. $33,536.40. Net earnings, $3,295.03.

Financial Statement, June 30, 1891.— Capital stock authorized, $3,000,000; paid up,
$300,000 ; Government bonus (Quebec, $600,000 ; Dominion, $337,100), $937,100 ; paid up,
$600,828 ; municipal aid ($101,000 authorized), nothing paid up. Total capital paid up,
$900,828. Floating debt, $429,494.32. Contra : Cost of road and equipment, $1,108,129.71.

Directors. — Not reported.

L. RUGGLES CHURCH, President Montreal, P. Q.

Vice-Pres. & Man, Director— R. J. Beemer. .Mon., P. Q,. | Sec. and Treas.—H. L. Maltby Montreal, P. Q.

PRINCIPAL OFFICE AND ADDRESS Montreal, P. Q.

PRINCE EDWARD ISLAND RAILWAY COMPANY.

Main Line of Road.— Souris to Tignish 168 miles.

{ Mount Stewart to Georgetown 24 miles.

-D i I Charlottetown to Royalty Junction 5 miles.

68 : 1 Emerald Junction to Cape Traverse 13 miles.

[_ Alberton to Cascumpee Wharf 1 mile.

Total length of railway operated in 1891 211 miles.

Sidings, etc., 15.71 miles. Gauge, 3 ft. 6 in. Rail (steel, 73.69 miles), 40, 50, 52, and 56 Ibs.

History. — Built by the Provincial Government in 1871-73, and transferred to the
Dominion Government December 29, 1874. Opened through May 26, 1875.

Rolling Stock, June 30, 1891. — Locomotive engines, 21. Cars — passenger, 1st class, 17;
2d class, 15 ; smoking and baggage, 3 ; official, 1 ; freight (box, 175 ; platform, 125), 300—
total, 335. Also 3 conductors' vans, 1 pay, 7 flangers, and 8 snow-ploughs.

Operations for year ending June 30, 1891. — Train mileage — passenger, 92.261 ; freight
and mixed, 173,405 — total, 265,666 miles. Passengers carried, 145,508. Freight moved,

POOB'S MANUAL OF RAILROADS. — DOMINION OF CANADA. 1097

59,511 tons. Earnings— passenger, $72,292.23 ; freight, $81,660.82 ; mail, etc., $19,917;
other, $:;88— total, $174/258.05. Operating expenses, $257,990.08. Deficit., $83,732.03.

Financial Statement. June 30. 1891. — Cost of railway and equipment to the Dominion
Government ($17,818 per mile). $3,741,780.89.

JOHN HAGGARD, Minister of Railways Ottawa, Ont.

Collingwood Schreiber, Gen. Mgr., Chief Eng. Gov. Rys Ottawa, Ont.

Acct. and Auditor— W. T. Hug-an.Charlottetown, P. E. I. | Superintendent— J. Unsworth.Charlottetown, P. E. I.
GENERAL OFFIC E AND ADDRESS Charlottetown, P. E. I.

QTTAPPELLE, LONG LAKE AND SASKATCHEWAN RY. COMPANY.

Line of Road.— Regina, Ont., to Prince Albert 249.3 miles.

Sidings. — miles. Gauge, 4 ft. 8£ in. Rail (steel, — miles), 56 Ibs.

History. — Incorporated in 1883. About 98 miles were completed in 1889, and the re-
mainder was completed and delivered to the Canadian Pacific Ry. Co. in October, 1890. Tfie
latter company will operate and maintain the road until February, 1896, free of any cash
resource for loss, if auy, upon this company, the C. P. Ry. Co. retaining the receipts other
than the Government subsidy. Operations not included in those of the Canadian Pacific on
page 1061.

Rolling1 Stock (leased). — Locomotive engine, 1. Cars — passenger, 1 ; freight (box, 1 ;
platform, 6), 7— total, 8.

Financial Statement, June 30, 1391.— Capital stock authorized, $3,000,000; paid up,
$210,000: bonded debt, $3,814,980 6 per cent, first mortgage bonds— total capital paid up,
$4.024,980. Cost of road and equipment, $2,471,930.

The total issue of 1st mortgage bonds is secured upon the entire railway, excluding the
laud grant, and the proceeds have been applied towards the construction of the line to Prince
Albert. The company is entitled to an annual subsidy from the Dominion Government for
transport of Government traffic of $80,000 (£16,400) for twenty years from completion (1st
section, July, 1890 ; second section, October, 1890), which is to be paid over direct by the
Government to the agents of the loan as trustees for the bondholders. The company is
further entitled to a laud grant of about 1,400,000 acres of selected lands, a portion of which
has been sold, and the proceeds have been paid to the agents of the loan to provide the bal-
ance of the interest on the bonds until and including the coupon, due February 1, 1896, upon
which date the Canadian Pacific Ry. Co. will, on giving six months' notice, have the power
of paying off the bonds at 110. In July. 1889, Morton, Rose & Co. invited subscriptions, at
par. for £500,000 of these bonds (Xos. 1 to 5,000), which are redeemable August 1, 1911, un
less paid off by the Canadian Pacific, as above, and a further £270,000 were sold in May,
1890. Interest payable February 1 and August 1. Quoted on the London Stock Exchange.

Directors and Officers.— Xot reported.

aUEBEC AND LAKE ST. JOHN RAILWAY COMPANY.

Main Line of Road.— Quebec, Que., to Roberval, Lake St. John, Que. . .190

Eastern Extension ; Chambord to Chicoutimi, Que 5

Diverging Line : St. Ambroise into Quebec City 12 — 207 miles

Lines Projected or under Construction :

Eastern Extension : Chambord to St. Alphonse, Que 55 miles.

/St. Gabriel Branch ; St Gabriel to Riviere aux Pins, Que .«. 10 miles.

Western Extension : La Tuque to Lake Temiscatning 330 miles.

Sidings, etc., 10 miles. Gauge, 4 ft. 8* in. Rail (steel), 56 and 60 Ibs.

Arrangements are now being made with the Provincial Government to place under con-
tract the additional extensions, which will make the total mileage of the main line and
extensions 638 miles.

History. — Chartered in 1869. Opened as a wooden road to Gosford (2oi miles) in 1871,
and opened to St. Raymond (36 miles, in steel) January 1, 1882. The company had a land

1098 POOR'S MANUAL — QUEBEC AND LAKE ST. JOHN RY. CO.

grant from the Province of Quebec of 5,000 acres per mile, situated in alternate sections
partly along the line of railway and partly in the wheat lands surrounding Lake St. John ;
but it was resold to the government for 70 cents per acre. It has also the following cash
subsidies : Province of Quebec, $5,000 per mile ; Dominion of Canada, $5,200 per mile ;
City of Quebec, $2,500 per mile, to Lake St. John ; and a Dominion subsidy of $3,200 per
mile, and a Provincial subsidy of $5,000 and 5,000 acres of land, from Lake St. John to
Chicoutimi and St. Alphonse. The total amount received by the company for main line and
branches to December 31, 1891, was $823,955.

Rolling Stock, June 30, 1891. — Locomotive engines, 14. Cars — passenger, 19 ; baggage,
8 ; freight (box, 58 ; platform, 233), 291— total, 318. Also 5 snow-ploughs, 4 vans, steamers
" Mistassini," " Peribonca " and " Undine," running on Lake St. John, and steamer "Ida,"
on Lake St. Joseph.

Operations for the year ending June 30, 1891. — Trains run (passenger, 125,557 ; freight,
79,302), 204,859 miles. Total engine service, 241,342 miles. Passengers carried, 87,068.
Freight moved, 95,902 tons. Earnings— passenger, $44,905.99 ; freight, $99,089.69 ; mail
and express, $8,637.63— total, $152,633.31. Expenses— maintenance of way, etc., $44,077.35;
motive power, $54,665.65 ; maintenance of cars, $13,724.29 ; general, $36,008.36— total,
$148,475.65. Net earnings, $4,157.66.

Financial Statement, June 30, 1891. —Capital stock (authorized, $6,000,000), $3,800,000;
funded debt (authorized, $6,000,000), $S,796,000 ; Government bonuses (Dominion, $1,003,-
495 ; Quebec, $2,433,000), $3,436,495 ; paid up, $2,297,731.81 ; municipal aid, $450,000—
total, $10,343,781.81. Contra : Cost of road, equipment, etc., $10,292,649.

On January 1, 1889, the company made an issue of £780,000 1st mortgage 5 per cent.
20-year £100 bonds, due January 1, 1909, interest payable January and July, in London, by
Glyn, Mills, Currie & Co., first coupon being payable July 1, 1889.

These bonds, which amount to about £4,100 per mile, are secured by a first mortgage on
the main line of the railway, 190 miles in length, the plant, rolling stock, and material used
for the working thereof, the buildings, stations, and station grounds, and upon all the lands,
property, and material appertaining to the working and running of the main line of railway.
By the deed of trust the company covenants that no further charge of any kind shall be
created over the property mortgaged, except in subordination to the bonds of this issue.

Under the authority of Acts of the Quebec Legislature, the Government of that Province
has undertaken and guaranteed the payment of the interest on the bonds for the term of ten
years from January 1, 1889, to January 1, 1899, such payment being assumed by the Govern-
ment, irrespective of the earnings of the line.

Under the arrangement with the Government, the net earnings of the road will not be
required to meet the interest charges for the next ten years, and, as an additional security,
the company has covenanted with the trustees for the bondholders to pay over to them dur-
ing that period the whole of the net earnings of the line until a sufficient amount has been
accumulated in their hands, to provide for the interest for a further period of five years after
the time, during which it will be paid by the Provincial Government.

There have been £200,000 reserved out of the proceeds of the bonds for the completion
of the road, and this money is deposited with Glyn, Mills, Currie & Co., and is being ex-
pended under the terms of the trust deed, for additional equipment and ballasting, in build-
ing an independent line into the city of Quebec, upon terminal property, and a deep water
terminus for ocean steamers on the Louise Docks in that city. The bonds are now quoted on
the London Stock Exchange.

Directors (elected June 1, 1891).— Frank Ross, E. Beaudet, T. A. Piddington, P. Gar-
neau, S. Peters, Gavin Moir, John T. Ross, Jules Tessier, G. Irvine, Edwin Hanson, J. A.
Gagne, J. J. Fremont, Lawrence Stafford.

FBANK Ross, President. .................................. Quebec, P. Q.

S' G' Scott

PRINCIPAL OFFICE AND ADDRESS ................................ Quebec, P. Q.

POOR'S MANUAL OF RAILROADS. — DOMINION OF CANADA. 1099

QUEBEC CENTRAL RAILWAY COMPANY.

Main Line of Road.— Sherbrooke, Que., to Harlaka, Que 138.0

} Chaudiere Valley : Beauce Junction to St. Francis 15.0

: ( Angus : East Angus to Angus Mill 1.0—154.0 miles.

Leased : Intercolonial RR. : Harlaka to Levis, Que 5.0 miles.

Total length of line operated June 30, 1891 159.0 mileg.

Sidings, etc., 11 miles. Gauge, 4 ft. 8£ in. Rail (steel, 159 miles), 56 and 60 Ibs.

History. — Opened to Garthby in 1876 ; to Coleraine in 1879, and throughout in June,
1881. Purchased Levis and Kennebec Ry. in March, 1881, and through that line secured
an entrance into Quebec. A charter has been obtained for an extension of the road from
Tring to Lake Megantic to connect with the Canadian Pacific (short line), a distance of 60
miles, and also for an extension of the Chaudiere Valley from St. Francis to St. George, 4
distance of 10 miles, and the same are under construction. The company was reorganized in
1888. (See MANUAL for 1891.)

Rolling1 Stock, June 30, 1891. — Locomotive engines, 13. Cars — passenger, 20 ; baggage,
etc., 10 ; freight (box, 151 ; platform, 191), 342— total cars, 372.

Operations for year ending June 30, 1891. — Train mileage — passenger, 130,779 ; freight,
106,453 — total, 237,232 miles. Total engine service, 411,743 miles. Passengers carried,
132,070. Tons freight moved, 128,771. Earnings— passenger, $117,052.86; freight, $144,-
554.79 ; mail and express, $9,905.90 ; other, $3,994.76— total, $275,508.31. Operating
expenses, $193,038.74. Net earnings, $82,469.57.

Financial Statement, June 30, 1891. — Capital stock, $3,381,603.33 ; 5 per cent, income
mortgage bonds, $3/289,866.67 ; 5 per cent, prior lien bonds, $968,600.63 ; wages, month of
June, $13,804.15; accounts due, $102,716.74; due other companies, $1,667.24; interest un-
claimed to June 30,1891, $50,212; net revenue balance, $54,671.93— total, $7,863,142.69.
Contra: Cost of road, $7,316,342.57; materials and fuel, $38,968.16; accounts, etc.,
$42,542.40 ; due from RR. companies, etc., $11,285.06 ; London investments, etc., $153,884;
cash on hand and in bank, $13,960.50; prior lien bonds in trustee's hand, $286,160.

The capital stock consists of $3,381,603.33 fully paid up shares, including Chaudiere
extension shares of $125 (called first preference). Funded debt consists of £300,000 prior
lien bonds of £100 each, due February 1, 1908, coupons payable February and August. They
are secured on the whole line, lands, equipment, tolls, and revenues on 199 miles of road,
being at the rate of £1,508 per mile. Interest payable in London February 1 and August 1.
The bonds are to bearer, but may be registered (as to principal only), and registered bonds
may be exchanged back again into bonds to bearer. Also £676,000 5 percent, income bonds
of £100 each, interest payable if earned. They were issued in 1888 ; are £100 each (Nos. 1 to
6,760), and are redeemable in 1911. For 1889, these bonds received 1£ per cent. ; for 1890. li
per cent. The income bonds carry voting power at the rate of one vote for every £20, and
elect six directors out of a board of nine, and the power to vote vested in preference shares
is suspended until full interest shall have been paid on income bonds for three consecutire
years. In addition to the above bonds, subsidies have been voted to the extsnt of about
£100,000.

Directors.— F. H. Norman, S. G. Sheppard, J. Price, A. Bremner, E. Dent, H. Brandon,
of England ; F. Grundy, A. T. Ertlinger, L. A. Carrier, Canada.

EDWARD DENT, President London, Enp;.

Secretary— -T . Lindley London, Bug. | Superintendent— A.. Steele Sherbrooke, P. Q.

General Manager— F. Grundy Sherbrooke, P. Q.

PRINCIPAL OFFICE AND ADDRESS 5 Great Winchester St., London, E. C., Eng.

Canada Office Sherbrook, P. Q.

QUEBEC, MONTMORCENCY AND CHARLEVOIX RAILWAY CO.

Line of Road.— Quebec, Que., to St. Anne de Beaupre 21 miles.

Sidings, 2 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs. per yard.

1100 POOR'S MANUAL OF RAILROADS. — DOMINION OF CANADA.

History. — Road opened from Hedleyville to St. Acne de Beaupre, 20.5 miles, August
10, 1889 ; extension from Hedleyville to Quebec, 0.5 mile, opened October 12, 1890.

Rollins: Stock, June ;>0, 1891.— Locomotive engines, 3. Cars — passenger, 22 ; freight
(box, 5 ; platform, 24), 29 — total cars, 51. Also 1 snow-plough.

Operations for yearendingJune30, 1891. — Train mileage — passenger, 35,317; freight,
5,869— total, 41,186 miles. Passengers carried, $167,960. Tons freight moved, 17,853.
Gross earning.", $36,763.25. Operating expenses, $27,917.09. Net earnings, $8,846.16.

Financial Statement, June 30, 1891.— Capital stock authorized, $1,500,000; paid in.
$10,000; Government (Dominion, $96,000: Quebec, $192,000) bonuses, $288,000; paid up,
$203,600— total capital subscribed, $338,000 ; paid up, $213,600. Floating debt, $818,208.02.
Contra : Cost of road, $517,683.79.

Directors. — Not reported.

H. J. BEEMER, President Montreal, P. Q.

P. P. Hall, Vice- President Quebec, P. Q.

Secretary— Lawrence Lynch Quebec, P. Q. | Treasurer— Ernest F. Wiirtele Quebec, P. Q .

ST. CATHARINE'S AND NIAGARA CENTRAL RAILWAY CO.

Line of Road. — St. Catharine's, Ont., to Niagara Falls 12.35 miles.

Sidings, 0.55 mile. Gauge, 4 ft. 8} in. Rail (steel, 12.35 miles), 56 Ibs. per yard.

History. — Organized in 1887 ; road opened December 20, 1888. This company was
granted a subsidy of $38,400 ; of which $38,400 had been received up to December 31, 1891,
It was also granted municipal aid to the extent of $180,000. A subsidy for 20 miles of this
road was authorized, limited to $64,000, and on August 1, 1890, the contract was signed, the
extension being from St. Catherine's toward Hamilton.

Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; miscellaneous, 8 — total
cars, 10.

Operations for year ending June 30, 1891. — Train mileage — passenger, 12,000 ; mixed,
6,000— total, 18,000 miles. Passengers carried, 23,075. Tons freight moved, 31,709. Earn-
ings— passenger, $5,375 ; freight, $12,567.05; other, $1,559.41— total, $19,501.46. Operating
expenses, $19,755.88. Deficit, $254.42.

Financial Statement, June 30, 1891.— Capital stock (authorized, $300,000) paid in, $68,-
359 ; funded debt ($1,780,000 authorized), $100,000 ; Dominion Government aid (authorized,
$147,200) paid in, $38,400 ; municipal aid ($180,000 subscribed) paid up, $40,000— total
capital paid up, $246,759. Contra: Cost of road, etc., $461,760.

Directors (elected January 27, 1890).— Lucius S. Oille, Sylvester Neelon, Edward A.
Smyth, Henry A. King, William W. Greenwood, St. Catharine's, Ont.; William Chaplin,
Toronto, Ont.; F. W. Fearman, Hamilton, Ont.

L. S. OILLE, President St. Catharine's, Ont.

Vlce-Pres.— Sylvester Neelon St. Catharine's, Ont. | Sec. & Treas.— Richard Wood St. Catharine's. Out.

PRINCIPAL OFFICE AND ADDRESS St. Catherine's, Ont.

ST. JOHN BRIDGE AND RAILWAY EXTENSION COMPANY.

Line of Road. — St. John, N. B., to Fairville, N. B. (including bridge) 1.75 miles.

Gauge, 4 ft. 8| in. Rail (steel), 60 Ibs. per yard.

Length of steel cantilever bridge, 812 feet ; length of centre opening in the clear, 477
feet ; length of trestle (western end of bridge), 395 feet— total lecgth of metal work on whole
line, 2,255 feet.

History.— Chartered March 25, 1881 ; road and bridge opened October 1, 1885. Forms a
connecting link between the railroads of New Brunswick and Nova Scotia and those of the
United States and Western Canada. Operated by the Canadian Pacific Ry. Co.

POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA. 1101

Operations for year ending June 30, 1891. — Passengers carried. 114,140. Tons freight
moved, 148,244. Earnings — passenger, $25.540.44 ; freight, $37.554.22 ; mail and express".
$1,204.36— total, $64,299.02. Expenses, $25,254.98. Net earnings, $39.044.04.

Financial Statement, June 30, 1891.— Capital stock, $200,000 ; funded debt, 6 per cent,
bonds, $125,000 ; Government aid (Dominion loan at 4 per cent., $433.900 ; X. B. bonus,
$5,181.81), $439,081.81— total, $764,081.81. Contra : Cost, $581,081.30.

Directors (elected January 12, 1892).— Frederick E. Barker, John H. Parks, \V. II.
Thome, C. W. Weldon, St. John, X. B. ; Thomas Williams, Moncton, X. B. ; Payson
Tucker, Portland, Me. ; Arthur Sewall, Bath. Me.

F. E. BARKER, President St. John, N. B.

T. Barclay Robinson, Secretary and treasurer St. John, X. B.

PRINCIPAL OFFICE AND ADDRESS Sr. John, N. B.

SALISBURY AND HARVEY RAILWAY COMPANY.

Line of Road. — Salisbury, X. B., to Albert, X. B 45.00 miles.

Branches: To Mills, 3 ; Hillsboro' to Gray's Is., 1 ; to Manganese Plant. 1.25 m. 5.25 miles.
Harvey Branch (leased) : Albert to Harvey, X. B 3.00 nrilea.

Total length of all lines, June 30, 1891 53.25 niilea.

Sidings, 1 mile. Gauge, 4 ft. 8£ in. Rail .steel, 6 miles), 56 Ibs.

History. — Successor to the Albert Ry. Co. (opened in 1877), whose property was sold
under foreclosure sale on Xovember 15, 1838. Connects at Salisbury with Intercolonial Rail-
way, and runs to Chignecto Inlet.

Rolling Stock, June 30, 1891. — Locomotive engines, 2. Cars — passenger, 3 ; baggage,
2 ; platform, 20 ; box, 7 ; flanges, 7 ; snow-plow 1 — total, 34.

Operations for half year ending June 30, 1891. — Train mileage — passenger and freight,
37.584 miles. Passengers carried, 5,188. Tons freight moved, 14.958. Earnings — pass-
enger, $2,830.21; freight, $8,547.70; mail and express, $1,220.55; other, $377.81— total,
$12,976.27. Operating expenses, $11,351.77. Xet earnings, $1.624.50.

Financial Statement, June 30, 1891.— Capital stock paid up, $150,000 ; funded debt
(authorized), $250,000 5 per cent, bonds ; Government aid (Dominion, $39,265.45 : X. B.,
$464,000), $503,265.45 ; loan, $15,000 ; paid, $498,944.58; municipal aid, $70.000— total capi-
tal paid up, $718.944.58.

Directors.— C. H. Harman, Jefferson M. Levy, R. L. Harrison, Dallas Flannagan, L.
Xapoleon Levy, Xew York, X. Y.

C. H. HARMAN, President Xew York.

Vice-Presi'ltnt—3. M. Levy Xew York. X. Y. , Secretary— F. B. Treiber New York. X. Y*

GENERAL OFFICE 32 Nassau Street. Xew York, X. Y.

SHORE LINE RAILWAY COMPANY.
(Statement of operations repeated from MAN UAL for 1891 ; later information refuted.)

Line of Road.— St. John, X. B., to St. Stephen, X. B 82.50 miles.

Sidings, 2.5 miles. Gauge, 4 ft. 8| in. Rail (steel), 50 Ibs.

History. — This company is successor to the Grand Southern Ry. Co., which was char-
tered in 1872. Road opened as above December 20, 1880.

Rolling- Stock.— Locomotive engines, 6. Cars — passenger, 4 ; baggage, etc., 2 ; freight
(box. 10 ; platform. 71). SI— total cars, 87.

Operations for year ending June 30, 1S90. — Train mileage not reported. Passengers
carried, 10,833. Tons freight niov«d, 22,494. Earnings— passenger, $11,799.72; freight,

1102 POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA.

$15,952.80 ; mail and express, $2,070.33 ; other, $536.84— total, $30,359.69. Operating-
expenses, $46,266.22. Deficit from operations, $15,906.53.

Financial Statement, June 30, 1891.— Capital stock, authorized, $500,000 ; paid in, $101,-
000 ; funded debt authorized, $800,000 4 per cent, bonds ; Government (N. B.) aid (authorized,
$425,000), paid up, $416,000 ; municipal aid, $3,000— total capital subscribed, $928,000 ;
paid up, $520,000.

Directors. — Not reported.

RICHARD J. CROSS, President St. George, N. B.

Manager-W. Lamb St. George, N. B. | Secretary— Hugh M cLeon St. George, N. B.

PRINCIPAL OFFICE AND ADDRESS St. George, N. B.

. SOUTHEASTERN RAILWAY COMPANY.

Line of Road.— West Farnham, P. Q., to Richford (Vt.) Line 44 miles.

Northern Division : Sutton Junction, P. Q., to Sorel, P. Q 96 miles.

L'Avenir Branch : Drummondville, P. Q , to L'Avenir, Que 12 miles.

j _, j L. C. & St. L. Junction Ry.: Stanbridge to St. Guillaume 63 miles.

: ( Newport and RicJiford RR.: Canada Line to Newport 21 miles.

Operated : Montreal, Portland & Boston Ry.; St. Lambert to West Farnham, Que. 45 miles.

Total length of railroad operated June 30, 1891 281 miles.

Sidings, etc., 36 miles. Gauge, 4 ft. 8-J in. Rail (steel), 36, 56, and 60 Ibs.

History. — The Lake Cham plain and St. Lawrence Ry. and the Newport and Richford
(Missisquoi and Clyde Rivers) RR. have been operated under lease since January 1, 1881.
On July 1, 1891, the company ceased to operate the Montreal, Portland and Boston Ry. The
Southeastern Ry. is operated by the Canadian Pacific Ry. Co. for and on account of the
trustees of the 1st mortgage bonds.

Rolling Stock, June 30, 1891. — Locomotive engines, 30. Cars — passenger, 34 ; baggage,
mail, and express, 10 ; freight (box and stock, 432; platform, 348 ; hopper and dump, 50),
830 — total cars, 874. Of the foregoing, 17 passenger, 4 baggage, mail, and express. 371 box
and stock, and 100 platform cars are leased.

Operations for year ending June 30, 1891. — Train mileage — passenger, 249,699 ; freight,
102,592 ; mixed, 234,860— total, 587,151 miles. Passengers carried, 274,299 ; carried one
mile, 7,738,363 ; average mile rate, 2.421 cents. Tons freight moved, 496,749 ; moved one
mile, 27,109,472 ; average ton-mile rate, 1.362 cents.

Earnings.— Passenger $187,339 38

Freight 370,740 44

Mail and Express 18,317 35

Miscellaneous 11,199 16

Total... ...$587,59633

Expenses.— Roadway and Buildings $136,172 25

Motive Power and Transportat'n 193,901 84

Maintenance of Cars 61 ,058 34

General 171,77762

Total $562,910 05

Net earnings, $24,686.28. Payments : Rentals (Newport and Richford RR., $18,000 ;
Lake Champlain and St. Lawrence June. Ry., $22,453.20), $40,453.20 ; paid Canadian Pacific
Ry. Co., $12,150 ; Boston and Maine Ry., $5,850— total, $58,453.20. Deficit, $33,766.92.

Financial Statement, June 30, 1891.— Share capital (authorized, $4,800,000) paid up,
$2,012,500 ; funded debt, 1st mortgage 6 per cent, bonds, dated September 1, 1881, $2,000,-
000 ; Government (Que.) subsidy, $497,007.10 ; municipal subscriptions, $528,000 — total
capital paid up, $5,037,407.10.

RAILROADS LEASED OR OPERATED BY THE SOUTHEASTERN RY. Co.

LAKE CHAMPLAIN AND ST. LAWRENCE JUNCTION RAILWAY.— Stanbridge to

St. Guillaume, Que., ti3 miles. Sidings, 3 miles. Gauge, 4 ft. Si in. Koad opened as above in October, 1879.
Projected to run from Missisquoi to Sorel, Que., 103 miles. Operate'd under lease by the Southeastern Co. Capital
Block, $600,000; funded debt, $378,000 ; Government (Que.) bonus (authorized, $380,000), $250,280 ; municipal
bonus, S36,000— total, $1,264,280.

MONTREAL, PORTLAND AND BOSTON RAILWAY.- -Main Line : St. Lambert to West
Farnham. Que., 32 miles. Bra nch es : Farnham to b relighsburg, 21; Marieville to St. Cesaire, 9; Longueuil
branch, 3.75— total length of all lines, 65.75 mile*. Sidings, etc., 3 miles. Gauge, 4 ft. 84 in. Rail (steel), 56 !bs.

POORS MANUAL OF RAILROADS — DOMINION OF CANADA. 1103

Road opened in 1877. Operated by the Southeastern Ry. Co., in whose accounts all traffic statistics are included.
Financial >W«>«-/.f .-Capital stock, $986.600 ; funded debt (1st mortgage 6 per cent. 20-year bonds, due January
1,1894, interest January and July), $901,000; Government (Que.) bonus, $197.582; municipal aid, $25,000—
total, 12,110,182. Officers not reported.

Trustees of bondholders of S. E. Ry. now in control of the road for account of such bond,
holders.— W. C. Van Home, Montreal, Can.; W. K. Blodgett, Boston, Mass.; Wm. Farwell,
Sherbrooke, P. Q.

R. B. ANGUS, President Montreal, P. Q.

PRINCIPAL OFFICE AND ADDRESS. . Montreal, P. Q.

TEMISCOTTATA RAILWAY COMPANY.

Line of Road Completed.— Riviere du Loup, P. Q., to Connor's, X. B 113 miles.

Sidings, 5 miles. Gauge, 4 ft. 84- in. Rail (steel), 56 Ibs.

History. — Chartered in 1885. Construction commenced in October, 1886, and road com-
pleted and opened as above for business October 1, 1891. It is proposed to extend the road
from Edmund ston to Mouctoii, X. B., 120 miles. Ciair's to Connor's was built during the
past year, for which a subsidy of $51,200 was authorized. The total amount received by
the company on account of subsidies to December 31, 1891, was $624,800.

Rolling Stock, June 30, 1891. — Locomotive engines, 5. Cars — passenger, 7 ; baggage,
mail, and express, 2 ; freight (box, 40 ; platform, 54), 94 — total cars, 103.

Operations, etc,, for year ending June 30, 1891. — Train mileage (mixed), 58,064 miles.
Passengers carried, 11,883. Tons of freight moved, 19,874. Earnings— passenger, $12,008.-
62; freight, $20,390.77; mail ami express, $4,235.38— total, $36,634.77. Expenses— main-
tenance of way, etc., $15,763.59 ; motive power, $14,701.72 ; maintenance of cars, $1,346.36 ;
general, $18,061.28— total, $49,872.95. Deficit from operations, $13,238.18.

Financial Statement, June 30, 1891.— Capita] stock authorized, $1,000,000 ; subscribed,
$800,000 ; paid in, $791,000 ; funded debt (authorized), $1,574,640 ; subsidies (Dominion
Government, $649,200; Quebec Government, $462,000; N. B. Government, $36,000), $1,-
147,200; paid up, $847,470 ; municipal aid, $25,000. Total capital paid in, $8,238,100.

Funded debt consists of 5 percent. 1st mortgage debentures of £50, £100, £500, and, £1,000,
coupon, with privilege of registration, and are secured on the road and property of the company.
Interest on bonds payable January and July, at Lloyd's Bank, Limited, 72 Lombard Street, Lon-
don, E. C. Bonds are guaranteed by the Province of Quebec, and mature in 20 years, but a
sinking fund of 67 percent, of the net earnings of the line, together with the annual subsidy
received from the Government, are set aside for the redemption of the bonds by annual draw-
ings at 105 per cent, or by purchase, the first redemption taking place in 1889. Trustee?,
Lord Hatherton, and the Trustees and Executors Company, Limited, of London.

In June, 1890, there were issued £140,000 guaranteed 5 per cent, sterling 1st mortgage
debenture bonds (St. Francis Branch, Temiscouata Ry.), in bonds of £50 and £100. The in-
terest on this issue is absolutely and unconditionally guaranteed (irrespective of the earnings
of the railway) by the Quebec Government, for ten years from March 1, 1890. Each bond is
endorsed by the treasurer of the Government of Quebec. Interest payable at the London
agents, in sterling, March 1 and September 1, the first payment having been made on Sep-
tember 1, 1890. Principal payable in gold, in London, March 1, 1910. A reserve fund will
be formed for securing the regular payment of the interest after the expiration of the
Government guarantee by setting aside 33 per cent, of the net earnings of the branch in each
year for ten years, to accumulate in the hands of trustees. The whole property of the
new railway and the undertaking has been secured to the debenture holders by deed of mort-
gage and trust deposited with the Secretary of State of Canada. Bonds are numbered

1104 POOR'S MANUAL OF EAILROADS — DOMINION OF CANADA.

Series A, 1 to 1,000 of £100 each ; and Series B, 1,001 to 1,800 of £50 each. Trustees, Lord
Hatherton, John Charles Salt, and C. A. Whitmore.

Annual meeting, first Tuesday in December. Voting power attaches to bonds in case of
default in payment of interest. Registrars of stock and bonds, Armstrong & Co., 34 Old
Broad St., London, Eng. Bonds listed on the London Stock Exchange.

Directors (elected in December, 1889).— Jno. J. McDonald, Dr. Grandbois, Roger Ryan,
Riviere du Loup, P. Q. ; Hector Cameron, Toronto, Ont.; Geo. Irvine, J. J. Tarte, Quebec,
Que. ; Win. McCartley, Ottawa, Ont.

JOHN J. MCDONALD, Pres. and Managing Director. .Riviere du Loup, P. Q.

Hector Cameron, Vice-P resident . . Toronto, Ont.

Sec. & Treas.—E,. D. Boswell. . .Riviere du Loup, P. Q. | Gen' I Supt.—i?. Crockett. . Riviere du Loup, P. Q.

PRINCIPAL OFFICE AND ADDRESS Riviere du Loup, P. Q.

THE MONTREAL BRIDGE COMPANY.

This company was incorporated April 24, 1890, with authority to construct a railway and
general traffic bridge across the St. Lawrence River, from a point in the parish of Longueuil
to a point in St. Mary's Ward, in the city of Montreal, Que. Construction is in progress.
Capital stock, $3,000,000.

Directors. —Henry Hogan, J. R. Thibeaudeau, Andrew F. Gault, Antoine Rousseau. R.
Prefontaine, J. R. Wilson, C. N. Armstrong, J. C. Robert, T. J. Sullivan, Montreal, Que.

HENRY HOGAN, President Montreal, P. Q.

J. R. Thibeaudeau, Vice-President Montreal, P. Q.

.Secretary & Treasurer— Robt. Watson. .Montreal, Que. | Managing Director— C. M. Armstrong.. Montreal, P. Q.
PRINCIPAL OFFICE AND ADDRESS Montreal, P. Q.

THOUSAND ISLANDS RAILWAY COMPANY.

"Line of Road. — Gananoque to Gananoque Junction, Ont 4.08 miles.

Sidings, etc., 1 mile. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs.

Rolling Stock. — Locomotive engine, 1. Cars— combination, 1 ; platform, 1 — total, 2.
The Grand Trunk Ry. Co. supplies cars required for traffic.

Operations for year ending June 30, 1891. — Train mileage — passenger, 13,332 ; other,
4,368 — total, 17,700 miles. Passengers carried, 20,186 ; carried one luile, 80.728. Tons
freight moved, 11,000 ; moved one mile, 44,000. Earnings — passenger, $4,119.74 ; freight,
$8,798.77 ; mail and express, $1,702.19— total, $16,522.96. Operating expenses— transporta-
tion, $4,361.85 ; motive power, $4,520.20 ; maintenance of cars, $458.97 ; roadway and build-
ings, $2,301.28 ; general, $707.97— total, $12,350.29. Net earnings, $4,172.67 ; surplus from
last year, $10,539.41— total, $14.712.08. Paid dividends, $14,712.08.

Financial Statement, June 30, 1891.— Capital stock (authorized, $250,000), $60,000;
funded debt, mortgage bonds (nominal interest, $8 per annum), dated March 3, 1884, due
November, 1905, $8,000 ; bonus received, $10,400 ; balances on land purchases, $3,714.08 —
total, $82,114.08, Contra : Cost of road, $73,614.08 ; equipment, $8,500— total, $82,114.08.

Dividends paid as declared at Deseronto, Ont. Stockholders of record are entitled to
Vote. Annual meeting, in March, at Deseronto, Ont. Registrar of stock, F. S. Rathbun.

Directors (elected March 23, 1891).— E. W. Rathbun, F. S. Rathbun, H. B. Rathbun,
R. Rayburn, W. R. Aylsworth, C. A. Millener, Deseronto, Out.

E. W. RATHBUN, President Deseronto, Out.

Sec., Tr.,& Transf.Agt.—Y. S. Rathbun. Deseronto,Ont. \ General Manager— R. C. Carter Deseronto, Ont.

Auditor— C. A. Millener Deseronto, Ont.

PRINCIPAL OFFICE AND ADDRESS Deseronto, Ont.

POOR'S MANUAL OF RAILROADS — DOMINION OF CANADA. 1105

WESTERN COUNTIES' RAILWAY COMPANY.

Line of Road. — Yarmouth, X. S., to Annapolis, X. S 81 miles.

Sidings, etc., 4 miles. Gauge, 4 ft. 8i in. Kail (steel, 26 miles), 56 Ibs.

History. — Chartered in 1872 ; road opened September 29, 1879. An extension from
Digby to a connection with the Windsor and Annapolis Ry., at Annapolis, 20 miles, was
opened July 27, 1891. For this extension the company received a subsidy of $500,000.

Rolling Stock, June 30, 1891. — Locomotive engines, 5. Cars — passenger, 5 ; baggage,
mail, etc., 2 ; freight (box, 16 ; flat, 61), 77— total cars, 84.

Operations for year ending June 30, 1891. — Train mileage — passenger, 42,378 ; freight,
268; mixed, 37,525 — total, 80.171 miles. Passengers carried, 46,629. Tons freight moved,
20,437. Earnings— passenger, $46,642.14 ; freight, $18,565.07 : mail and express, $5,942.16 ;
other, $869.54— total, 71.518.91. Operating expenses, $68,678.06. Xet earnings, $2,840,85.

Financial Statement, June 30, 1891.— Share capital (authorized, $1,000,000), paid in
$400,800 : Government «X. S.) bonus, $679,100 : " A" bonds (authorized, $1,019,844), $707,-
127: "B" bonds (authorized, $438,000), $267,667; municipal subscription to shares or
bonds, $100,000— total capital authorized, $3.186,944 ; paid up, $2,154,694. The "B" de-
bentures are for £100 each, interest payable May and Xovember at the bank of British North
America, 3 Clement's Lane. London, E. C. The interest is guaranteed until redemption by
the Government of Xova Scotia. There was provision for a sinking fund of £1,350 per
annum, under which drawings were to commence one year after date of issue, but so far no
drawings have been made.

In April, 1888, an issue of £860,000 3i per cent, debenture stock was announced, £182,-
000 being reserved for the payment of the existing liabilities of the line, including the " B"
debentures, while subscriptions were invited for the remaining £678,000, at par. through the
Trustees, Executors and Securities Insurance Corporation, Limited.

Annual meeting, second Wednesday in February.

Directors (elected February 13, 1891).— Win. D. Lovitt, F. Killam, Hugh Cann, A. C.
Robbing, J. R. Kinney, Jacob Bingay, John Lovitt, Yarmouth, X. S.

FRANK KILLAM, President Yarmouth, N. S.

Secretary & Treasurer— 3. W. Bingay. Yarmouth, N. S. | Auditor— William Fraser Yarmouth, N. S

Gen'l Supt.—S. Brignell Yarmouth. X. S.

PRINCIPAL OFFICE AND ADDRESS Yarmouth, X. S.

WINDSOR AND ANNAPOLIS RAILWAY COMPANY.

Main Line of Road. — Annapolis, X. S., to Windsor, X. S 84

Operated : Windsor Branch RR. : Windsor to Windsor Junction 32

Trackage : Intercolonial Ry. : "Windsor Junction to Halifax. X. S 14 — 130 miles.

Sidings, 4.80 miles. Gauge, 4 ft. S£ in. Rail (iron), 50 to 67, and steel (81.25 miles), 56 Ibs.

History. — Incorporated in May, 1867, by the Legislature of Xova Scotia and in England,
under the Companies Acts, 1862 and 1867. Road opened December 18, 1869. Operated by
contractors till July 1, 1870, when the company assumed control. The Windsor Branch is
leased from the Canadian Government.

Rolling Stock. — Locomotive engines, 12. Cars — passenger, 14 ; baggage, mail, etc., 9 ;
freight (box, 80 ; coal, 20 ; platform, 92), 192— total, 227. Also, 2 flangers and 2 snow-
ploughs.

Operations for year ending September 30, 1891. — Trains run (passenger, 123,770 ; mixed,
L17,810), 241,580 miles. Passengers carried, 152,000. Freight moved, 88,000 tons. Earn-
ings—passenger, $135,759.76; freight, $133,101.76; mail, etc., $14,935.66— total, $283,-
T.18. Operating expenses — maintenance of way, $82,b98.3o ; maintenance of cars, $11,-

); motive power, $39,657.21; transportation, $:J3,718.98; miscellaneous, $13,260.35

total, $181,491.76. Net earnings (36.05 per cent.), $102,305.42. Interest payments : On de

benture stock, series " A," $15,257 ; series " B," $38,740.28; on mortgage. $38.93 total,

$54,036.21. Surplus, $48,269.21 ; surplus forward, $8,100.63— total, $56.429.84.

Financial Statement, September 30, 1891.— Capital stock (common, $489,100 ; preferred,
70

1106 POOR'S MANUAL OF RAILROADS. — DOMINION OF CANADA.

$1,068,136), $1,557,236 ; funded debt (" A" debenture 6 per cent, registered stock, interest
payable April and October, $270,100 ; " B" debenture 4 per cent, registered stock, interest
payable April and October, $968,510.47 ; 4 per cent, mortgage, convertible into " B'' deben-
ture stock, $973.33), $1,239,583.80; Government subventions, etc., $1,193,369.76; balance,
$50,340.79— total, $4,040,530.35. Contra : Cost of road and equipment, $4,040,530.35.

Five per cent. Preference Shares (Nos. 1 to 11,025). — Issued in September, 1882, to the
holders of the then existing " B " debenture stock, as representing the balance of principal
and interest not provided for by the issue of new " B " debenture stock. These shares carry
voting power, and the dividends are contingent on the profits of each year. Dividends were
paid since creation as follows : 1886, 1887, and 1888, 5*. per share ; 1889, 8*. per share ; 1890,
10s. per share, and December, 1891, 12s. per share.

Six per cent. "A " Debenture Stock. — Issued in 1875. This is a first charge on the prop-
erty, and the interest thereon the first charge on the net revenue. The interest on £50,000
of this stock (of which specified amount only £30,500 has been issued) is guaranteed by
the Government of the Province of Nova Scotia for 20 years, from October 1, 1877.

Four per cent. " B " Debenture Stock. — The whole of the then existing £350,000 " B" 6
per cent, debenture stock was cancelled in September, 1882, proprietors receiving in substi-
tution 50 per cent, of their principal with 35 per cent, of the overdue interest in the new " B "
debenture stock, ranking next after the " A " debenture stock, and bearing interest at 4 per
cent., payable half yearly.

Annual meeting in December ; books close two weeks previous'y. Books close for divi-
dends two weeks in advance of payment of same. Preferred stock is entitled to 5 per cent,
non-cumulative dividends before any are paid on common. A dividend of 3 per cent, was
paid for year ending September 30, 1890, on preferred stock, $14,600 placed to the reserve
fund, and $2,433.33 charged for bridge renewals. Total reserve fund, $46,762.23. Registrar
of stock, W. R. Campbell, London, Eng. Stock and debentures listed on London Stock
Exchange.

WINDSOR BRANCH RAILROAD.— Windsor Junction to Windsor, N. S., 32 miles, forming a
connection between the Intercolonial and the Windsor and Annapolis Rys. It was constructed as a part of the
Government railways of Nova Scotia, and its cost to the Dominion Government is included in the cost of the In-
tercolonial Ry. It is operated by the Windsor and Annapolis Ry. Co.

Directors (W. & A. Ry. Co.).—F. Tothill, C. F. Kemp,/T. R. Ronald, England.

FRANCIS TOTHILL, President London, Eng.

William Ross Campbell, General Manager and Secretary, Kentville, N. S.

PRINCIPAL OFFICE AND ADDRESS 6 Great Winchester St., London, Eng.

General Office. . Kentville, N. S.

WINNIPEG AND HUDSON BAY RAILWAY COMPANY.

(Statement repeated from MANUAL for 1891 ; later information refused.}

Line of Road Projected. — Winnipeg, Man., to Port Nelson, Hudson Bay 650 miles.

Completed : Winnipeg, Man., to St. Laurent (on Lake Manitoba) 40 miles.

Sidings, 2 miles. Gauge, 4 ft. 8| in. Rail (steel), 56 Ibs.

History. — Road completed to present terminus September, 1887. The company is sub-
sidized by a land grant of — for each mile in Manitoba, 6,400 acres, and in the Northwest
Territories, 12,800 acres. The dates for the completion of the company's road have been
extended as follows: From present terminus to a point on the south shore of the River
Saskatchewan, a distance of about 250 miles, by June 21, 1894.

Rolling Stock.— Not reported.

Operations. — Not reported ; road still in contractor's hands.

Financial Statement, June 30, 1891.— Capital stock authorized, $15,000,000 ; subscribed,
$1,250,000 ; paid in, $285,793 ; funded debt (authorized), $16,250,000 ; loan (Manitoba Gov.
ernment), $256.000. Total capital subscribed, $1,506,000 ; paid in, $541,793.

HUGH SUTHERLAND, President Winnipeg, Man.

Secretary— J . R. Sutherland Winnipeg, Man. | Land Commissioner— E. P. Leacock. . .Winnipeg, Man.

PRINCIPAL OFFICE AND ADDRESS Winnipeg, Man.

POOR'S MANUAL OP RAILROADS — MEXICO. 1107

MEXICO.

MEXICAN CENTRAL RAILWAY COMPANY, LIMITED.

(For map of this system, see page 1109.)

Main Line of Koad.— Mexico City, Hex., to El Paso, Texas 1,224.16 miles.

Guanajuato Branch : Siloa to Guanajuato, Mex 11.34 miles.

Branch to Stone Quarry 6.50 miles.

San Luis Division : Chicalote to San Luis Potosi 130.70 miles.

Tampico Division : San Luis Potosi to Tampico 275.82 miles.

Bar Extension : Tampico to La Barra 5.90 miles.

Han Bias Division 16.60 miles.

Guadalajara Division : Irapuato to Guadalajara 160.99 miles.

Pachuca Division : Tala to Pachuca 43.60 miles.

Total length of lines owned December 81, 1891 1,875.61 miles.

Average number of miles operated during the year 1,665.11 miles.

Gauge, 4 ft. 8| in. Eail (steel), 56 Ibs.

History. — Incorporated in Massachusetts February 25, 1880, and in the same year pur-
chased of the Guanajuato Ry. Co. 60 kilometres of narrow-gauge railway, which was widened
and incorporated into the main line. The entire main line was completed March 8, 1884, and
opened April 10, 1884. For progress of construction of other lines, see previous numbers of
MANUAL. The construction of 1891 was confined to the completion of the Pachuca Division,.
43.60 miles.

" This line is built," says the company's report, " under a concession granted by the Mexican government,,
dated December 20, 1889, which gives to the company the right to build from Tula through Pachuca to Tampico,
or to a connection with our present Tampico Division.

" On the line beyond Pachuca the company is to receive $8,000 per kilometer in five per cent, bonds of the
Mexican government, as a subvention.

" Pachuca is one of the largest mining centres in the Republic, and it is expected that the traffic in ores,
coal, coke, salt, timber and general merchandise will be of great value to the company, and from which we should
obtain considerable revenue.1'

The Tampico Harbor Co. (owned by this company) has been organized for the pur-
pose of canalizing, by jetties, the harbor of Tampico, for the aid of which purpose a con-
cession has been granted by the Mexican Government. Work was commenced March 13,
1890, and it is expected to have the entire undertaking completed by July, 1892.

Subsidies. — The company acquired a subsidy of about $15,200 per mile ($9:500 per
kilometre) covering the main line, the Tampico and the Guadalajara Divisions, the subsidy
being payable from custom-house receipts, and the company having the right to import free
of duty all material required for construction, maintenance, and operation of its lines for fif-
teen years, and being exempted from taxes till the expiration of forty-five years after com-
pletion of all the lines ; also the right to construct and opeiate its railway and telegraph lines
for 99 years. It also has small additional subsidies from the State governments of San Luis
Potosi and Guanajuato. The Government of Mexico, on June 1, 1885, suspended the pay-
ment of its subsidy.

On June 30, 1886, an amendment was made to the company's concession by agreement
with the Executive, under the authority of the Act of the Mexican Congress of December 12,
1885. By the terms of this amendment the subsidy certificates were to be amortized with the
following percentages of the revenue receipts at the several custom-houses, namely: July 1,
%1886, to January 1, 1887, 0.75 per cent. ; January 1, 1887, to July 1, 1887, 1 per cent.; July
1, 1887, to January 1, 1888, 2 per cent. ; January 1, 1888, to July 1, 1888, 3 per cent.; July 1,
1888, to January 1, 1889, 4 per cent. ; January 1, 1889, to July 1, 1889, 5 per cent. ; July
1, 1889, to January 1, 1890, 6 per cent. ; January 1, 1890, to July 1, 1890, 7 per cent, ; from
July 1, 1890, onward, 8 per cent.

In the early part of the year 1890, negotiations were opened with the Mexican Govern-
ment for the settlement of all the subsidy due the company on all lines that had been con-

1108 POOE'S MANUAL — MEXICAN CENTRAL RY. CO.

stracted, and an agreement was made on June 30, where by the company was credited on
that date with a net balance on all the subsidy which had been earned of $19,820,793.01,
Mexican currency.

The company agreed to allow the Government a discount of 25 per cent., which, deducted
from the $19,820,793.01 previously specified as due the company, left the net amount due
under the agreement as of June 30, 1890, $14,865,594.76, Mexican currency.

The Government paid this amount to the company in four equal instalments, the first
on December 20, 1890 ; the second, January 20, 1891 ; the third, February 20, 1891 ; and the
fourth, March 20, 1891.

It was agreed by the Government that the company should continue the sale of subsidy
certificates until October 31, 1890, at which time all sales should cease, and that the amount
which the company had sold from July 1 to October 31, 1890, inclusive, should be deducted
from the amount due which the Government had agreed to pay on March 20, 1891.

With the proceeds of the final payment the trustees bought from time to time under the
terms of the consolidated mortgage, as an investment, $5,597,000 of the priority bonds of the
company ; the balance of the issue of $7,000,000 of said bonds then outstanding, $1,403,000,
were called for payment and cancellation on April 10, 1891.

The following statement shows the proceeds of the settlement of the subsidy in United
States currency :

Certificates collected July 1 to October 31, 1890, $569,366.38 Mex. cur., equivalent to. . $472.985 27

Mexican Government Drafts $12,152,254 16

Less overpayment refunded to Government, $4,462.06, Mex. currency 3,929 66 12,148,324 50

Interest received from banks on deposits of Subsidy Funds 6,664 14

Total net proceeds, United States currency $12,627,973 91

Less-
Cost of $5,507,000 Priority Bonds, purchased for investment $6,122,646 37

* Amount paid for $1,403,000 Priority Bonds redeemed 1,548,043 43

Cost of $550,000 Mexican Government Bonds, purchased and deposited in lieu of
an equal amount of Subsidy Certificates held as guarantee to the Mexican

Government under the company's concessions 105,70510

Sundry expenses in connection with settlement and conversion of proceeds . . . 18,408 74 7,795,403 64

Net amount paid to the Boston Safe Deposit and Trust Co. as Trustee under the

Subsidy Trust Fund Indenture of May 6, 1891 $4,832,570 27

Statement of subsidy trust fund, Boston Safe Deposit & Trust Co., Trustee, December
31, 1891 :

Amount of Subsidy Trust Fund receired from the company $4,832,570 27

Interest received to December 31, 1891 69.668 93

$4,902,239 20
Less-
Trustee's compensation to December 1, 1891 $1,423 61

Amount withdrawn from Fund and paid to company, in accordance with terms of Trust

Indenture .300,000 00 301,423 61

Balance in hands of Trustee December 31, 1891 "~ $4,600,815 59

Rolling Stock, December 31, 1891. — Locomotive engines, 146. Cars — passenger, 69 ;
combination passenger and baggage, 15 ; pay, 1 ; baggage, mail, and express, 27 ; special
and officers', 11 ; freight (box, 1,529 , flat, 592 ; stock, 305 ; coal, 149 ; wood, 29 ; caboose,
70), 2,674— total, 2,797. Also 72 water, 5 water and coal, 2 boarding and 8 wrecking cars ;
5 pile-drivers, and 1 steam shovel — total miscellaneous cars, 93.

Operations for year ending December 31, 1891, — Train mileage, passenger and freight
statistics not reported.

Earnings.— Passenger $1,470,940 51

Freight 5,625,668 51

Telegraph 40,846 61

Express 121,715 76

Miscellaneous 115,36663

Total ($4,428.86 per mile) $7,374,588 02

Expenses.— Maintenance of Way $955,049 20

Maintenance of Cars 319,924 96

Motive Power 1,967,837 36

Transportation 1,111,165 06

Miscellaneous 325,811 21

Total ($2,810.50 per mile) $4,679,787 79

Net earnings (36.54 per cent.), $2,694,750.23. This is Mexican currency, and is equiv-
alent in United States money to $2,068,012.62.

* $6,000 of these called bonds have not been presented for redemption and cancellation, but the amount
required to redeem them, in accordance with the call, has been set aside for that purpose.

1110

POOR'S MANUAL — MEXICAN CENTRAL BY. CO.

Income Account for year 1891.

Balance from 1890 $495,779 71

Net Earnings for Year 1891, U. S. Currency 2,068,012 62
Received from Subsidy Trust Fund, in ac-
cordance with Terms of Trust Indenture. 300,000 00

Total . . . . .$2,863,792 33

One Year's Additional Int. on 1st Mortgage

Assented Bonds

One Year's Interest on Mortgage Bonds. . .
Miscellaneous Interest Account for Year

Balance, December 31, 1891

Total Payments

$380,527 87
1,940,652 83
39,373 69
__503,237_94
$2,863,792 33

Statement of income account for seven years ending December 31, 1891 :

1885

1886

1887

1888

1889

1890

1891

Earnings — Passenger. . .
Freight
All Other . . .

$
1,100,269
2,287,410
171,882

1,168,750
2,511,029
177,927

$
1,235,284
3,458,006
193,289

1,321,512
4,244,649
208,170

1,420,376
4,683,291
233,558

$
1,436,318
4,702,142
287,234

1,470,940
5,625,669
277,929

Total Earnings
Operating Expenses

3,559,561
2,033,100

3,857,706
2,453,089

4,886,579
2?717,453

5,774,331

3,418,838

6,337,225
3,511,826

6,425,694
4,001,170

7,374,538

4,679,788

Net Earnings

1,526,461

1,404,617

2,169,126

2 355 493

2,825,399

2 424,524

2,694,750

Net Earn. (=U.S.Mon'y)
Balance Forward

1,308,395
156,255

1,102,072
39,072

1,673,047

1,748,459
112,894

2,096,057

1,978,157
682 271

2,068,013

495,780

Miscellaneous Items

3 724

395 380

1 274

835453

619 079

300,000

Balance Deficit

59,929

103 715

Total
Balance

1,464,650

1,204,797

2,068,427
59 930

1,966,342

2,931,510
103 714

3,279,507

2,863,793

Expenses and Taxes

89,982

85,615

71 528

39,500

43 500

Interest
Miscellaneous Items

1,335,597

1,116,223
2959

1,820,990
3 084

1,926,842

2,039,643
62382

2,434,582
349 145

2,360,555

Balance Forward

39071

112 895

682 271

495 780

503238

Total

1,464,650

1,204,797

2,068,427

1,966,342

2,931,510

3,279,507

2,863,793

General Balance Sheet, December 31, 1891.

Construction and Equipment $132,655,028

Materials and Supplies 1,126,993

Boston S. D. &Tr.Co., Trustee : Cost of
§5,597,000 Priority 5s, Purchased for

Investment 6,122,646

Boston S. D. & Tr. Co., Trustee Subsidy
Fund : Balance in its Hands December

31,1891 4,600,81559

, Banco Nacionalde Mexico : Cost of $550,-
000 Mexican Government Bonds, Pur-
chased with Subsidy Money, and De-
posited in Lieu of an Equal Amount
of Subsidy Certificates, Held as Guar-
antee to the Mexican Government

under the Company's Concessions 105,705 10

Par Value of $375, 000 Consolidated Mort-
gage 4 per cent. Bonds, Deposited as
Guarantee under various Concessions
in Lieu of $750,000 Subsidy Certificates

Released 375,000

Securities Issued to Tampico Harbor Co. 4,000,000

Notes and Accounts Receivable 1,079,121

Cash Balances . . . 1,117,262

52 Capital Stock $47,093,200 00

82 Bonded Debt ($89,442,207.50) :

Priority Bonds, 5 per cent 5,597,00000

Consolidated Mortgage 4 per cent. B'ds . . 54,813,000 00
37 1st Mtg. B'ds, not Converted into Consol.

4 per cent. Bonds 1,011,00000

1st Mtge. B'd Scrip,ex. into 1st Mtge.B'ds. 13,807 50
Coupon Notes, 10 per cent, (ceased to bear

interest April 16, 1889) 400 00

Coupon Note Scrip, 10 per cent. exch. into

Coupon Notes 500 00

1 st Coneol . Income Bonds 16,352,000 00

1st Consol. Inc. Bond Scrip, exch. into

1st Consol. Income Bonds 129,100 00

2d Consol. Income Bonds 10,886,000 00

Registered Income Bonds and Scrip .... 639.400 00

Priority Bonds Called 6,000 00

Vouchers and Accounts Unpaid 967,589 24

Coupons and Accrued Interest 1,140,109 78

00 I Government Subsidy Account 10,829,167 06

00 Notes Payable 1,181,283 96

47 Equipment Fund 19.1 :

93 Income Account, December 31, 1891 . . . 503.23;' '.' I

Total Assets $151,182,573 80

Total Liabilities

..$151,182,573 80

Description of funded debt :

Priority Consolidated Mortgage 5 per cent. 50-year $ and £ gold bonds, dated July 1, 1889,
due 1939, interest payable January and July, in Boston and London. These bonds are coupon,
with privilege of registration, and are redeemable at 110 per cent. They are secured by a
deposit with the Boston Safe Deposit and Trust Co., trustee, of 1st mortgage 4 per cent,
bonds, by pledge of about $20,000,000 (Mexican money) subsidy, to which the company was

POOR'S MANUAL — MEXICAN CENTRAL RY. CO.

1111

entitled on account of its railway construction ; and are further secured by a consolidated
mortgage on the road and all other property of the company. The remainder ($1,000,000) of
the authorized issue can be used only for the purchase of additional rolling stock. These
bonds have been paid and cancelled or purchased for account of the Subsidy Trust Fund,
as shown above in the statement of that fund.

Consolidated Mortgage 4 per cent. 30-year $1,000 gold bonds, coupon, with privilege of
registration, due July 1, 1911, interest payable January and July in Boston, Mass. These
bonds are authorized at the rate of $32,000 per mile, and were issued at par to holders
of 1st mortgage assented 4 per cent, bonds, who also received, upon exchange, $300 of 1st
consolidated income bonds. They are secured on same terms as the priority mortgage bonds.

First Consolidated Income 3 per cent. 50-year $1,000 coupon gold bonds, due January 10,
1939, interest (non-cumulative) payable annually, July 10, if earned. These bonds were
issued at the rate of $9,600 per mile, and were issued to holders of 1st mortgage assented
4 per cent, bonds as a bonus of 30 per cent, on their holdings in consideration of their sur-
render of the right to additional interest to which they were entitled. The interest on these
bonds must be satisfied before any interest can be paid on the 2d consolidated income bonds.
Trustee, American Loan and Trust Co., Boston, Mass.

Second Consolidated Income 3 per cent. 50-year $1,000 coupon bonds, due July 10, 1939,
interest payable annually, July 10, if earned. These bonds were authorized at the rate of
$6,490 per mile, and were issued at par to holders of old income bonds. They are
redeemable at any time prior to July 10, 1929, at 50 per cent. U. S. currency. The first
incomes have preference over these bonds in payment of interest.

The coupon notes were called for payment April 16, 1889.

Statement of rolling stock and capital accounts for seven years ending December 31, 1891 :

1885

1886

1887

1888

1889

1890

1891

1,875.61
146
84
39
2.674
S
47,093,200
89,442,208
1,140,110
967,589
1,181,289
10,829,167

Miles of Railroad Owned
Locomotive Engines ....

1,361.2
96
73

14
1,993
$
33,170,900
51,3-24.105
1,011,228
873,733
27,901
15.727,608
344,073
3,149,393

1,364.2
96
73
14
1,993

d>

33,170,900
51,840,535
1,158,233
507,086
145,1)80
15,727,603
304,826
3,184,679

1,530.2
96
73
14
1,933

$

36,530,900
57.729,985

1,189,760
1,223,718
31,706
15,502.923
319,060
3,389,524

1,631.2
122
76
13
2.572

41,284,800
63,768,948
1,282.690
303,553
185,708
15,417.383
240,257
3,825,583

1,825.69
129
89
33

2.648

S

44,917,600
87,660,515
1,302,813
698,954

1,832.01
137
84
38
2.650

46,902,600
88,059,748
1,282.665
535,955

Oars — Passenger ....

Mail Express etc

Freight

Capital Stock

Bonded Debt

Coupons and Accrued Interest
Vouchers and Accounts
Notes Payable

Mexican Government Subsidy
State Subsidy

10,921,480

15,474,916

Subsidv Revenue . .

Priority Bonds Called

6,600
19,173
503,238

Equipment Fund

:::;;:::;;

78,825
495,780

Income Account

39,072

112,895

682,271

Municipal and Individual Donations.

18,685

Construction and Equipment

..

105.16&007

86,159,406
1,077,443
71,123
130,537
459,828
2,697,869
13.029,734
127,361
115,123
300,000
4,847
994,7:36

106.038,942

87,543,643
864,108
72,357
81,673
617,847
2,697,869
13,029,734
123,882
60,485
300,000

116,030471

96,136,829
1,500,704
69,323
100,691
1,688,851
1,172.356
13.987,709
121,238
59,582
492,857

126,327,607

107,489,583
1,502,400
58.594
101,526
448,919

'14,817,383
94,315
33,048
471,426

146.183-634 152-830,489

128-655,281 '' 130.480-100
1,707,577 1,067,898

151-182.574

132,635-023
1,126.994

Materials aod Supplies on Hand

Miscellaneous Property

Vessel Property
Accounts of the Mexican Offices
Mexican Government

1,276,500
9,644,980

11,684,669

Subsidy Certificates . .

Narrow Gauge and Equipment

State Stamps
Monte de Piedad

Boston Office Furniture
Boston Office Accounts

587,414
59,930

700,329

1,078,124
103,715
128,571

Income Account

Banco Nacional de Mexico

' Y, 441 '.666

1,759,867
1. 61)8,428

1

" 4,000,000
l.OTi 1.243
737,332
3.790.247

480.705
4.000,000
1,079.121
1.117,263
4,600,816
6,122,646

Tampico Harbor

Notes and Accounts Receivable . .

Subsidy Trust Fund

Boston Safe Dep. & Trust Co., Trustee.

105,168.007

106,038,942

116-030,471 126.327-607 146183-634

152,830-489 151.182.574

1112 POOR'S MANUAL OF RAILROADS — MEXICO.

Annual meeting, first Wednesday in May. Stock and bonds listed on the Boston, New
York, London, and Chicago Stock Exchanges.

Directors (elected May 4, 1892).— Oliver Ames, Isaac T. Burr, Boston, Mass.; Sebastian
Camacho, Mexico, Mex. ; Jacob Edwards, Boston, Mass. ; Edward W. Jackson, Mexico, Mex.;
Levi Z. Leiter, Chicago, III. ; E. Rollins Morse, Edmund W. Converse, William Rotch,
Boston, Mass. ; Joseph Richardson, New York, N. Y. ; Warren Sawyer, Alden Speare,
Boston, Mass. ; Robert R. Symon, London, Eng. ; George B. Wilbur, Joseph H. White,
Boston, Mass. ; E. H. Whorf, Mexico, Mex. ; S. W. Reynolds, Boston, Mass. Appointed by
the Mexican Government : Felipe B. Berriozabal, Carlos Rivas, Mexico, Mex. Finance Com-
mittee : Warren Sawyer (Chairman}, Jacob Edwards, Isaac T. Burr, E. Rollins Morse, S. W.
Reynolds.

S. W. REYNOLDS, President Boston, Mass.

R. R. Symon, Vice-President London, Eng.

E. W. Jackson, 2d Vice-P resident and General Manager Mexico, Mex.

J. T. Harmer, Clerk and Treasurer Boston, Mass.

PRINCIPAL OFFICE AND ADDRESS IN THE UNITED STATES. .70 Kilby Street, Boston.

Transfer Agents j

J. T. Harmer Boston, Mass.

Hanover National Bank New York, N. Y.

MEXICAN NATIONAL RAILROAD COMPANY.

Main Line of Road. — City of Mexico, Mex., to New Laredo, Mex 838.63 miles.

El Salto Line : City of Mexico to El Sal to, Mex 42 . 41 miles.

Patzcuaro Branch : Acambaro to Patzcuaro, Mex 95. 85 miles.

Cintura (Belt Line) Railroad : Santiago to La Garita de San Lazaro 3.17 miles.

Matamoros Division : Matamoros to San Miguel, Mex - . . 75.50 miles.

Texas Mexican Ry.: Corpus Crisd, Texas, to Laredo and branch 162.03 miles.

Brownsville and Gulf : Rio Grande River through Brownsville, Tex 1.00 mile.

Total length of above lines 1,218.59 miles.

Add lines named in paragraph following 13.65 miles.

Total length of lines operated December 31, 1891 17232.24 miles.

Gauge, 3 ft. Rail (steel and irqn), 40 and 45 Ibs.

Included in the above mileage are the following lines, which are unused or used only as
side tracks, special service tracks and tramway : El Salto, towards Tepeji, 2.48 miles ;
Quarry Branch, from Naucalpan Junction to quarry, 2.76 miles ; branch to repair shops in
New Laredo, 0.95 mile ; Fort Mackintosh Branch of Texas Mexican Ry., 0.59 mile ; street
railroads in City of Mexico, 2.2 miles ; Texas Mexican Northern Ry., from Laredo, Texas, to
end of track, 1.34 miles, and grading beyond end of track, 3.33 miles— a total of 13.65 miles.

History. — This company is a reorganization of the Mexican National Ry. Co., whose
property was sold under foreclosure May 23, 1887. (See MANUAL for 1887, page 935, for
plan of reorganization, etc.) The through line was completed September 28, 1888, and
opened for traffic November 1, 1888.

Rolling Stock, December 31, 1891.— Locomotive engines, 115. Cars— passenger, 79 ;
observation, 1; special service, 6; chair, 3; combination passenger and baggage, 9;
baggage, mail, and express, 19 ; baggage, 4 ; freight (box, 1,244 ; stock, 268 ; platform,
543 ; coal and ore, 183; rack, 63; caboose, 50), 2,351 ; water, 27 ; pile-driver, 3; derrick,
1— total, 2,383.

Operations for year ending December 31, 1891.— Train mileage— passenger, 892,007;
freight, 1,123,179 ; mixed, 409 037 ; other, 100,845— total, 2,525,668 miles. Passenger
and freight traffic not reported.

Karuings.— Passenger $1,010,996 13

Freight 2,948,939 12

Mail 9,680 97

Express 156,670 31

Miscellaneous... 80,18621

Total ($3,451.88 per mile $4,206,422 74

Expenses.-Transportation $858,453

Motive Power 1,312,99771

Maintenance of Cars 167,248 66

Maintenance Way & Bldge. . 512,648 13

General... 1%-'

Total ($2,500.76 per mile). . .' $3,047,401 56

POORS MANUAL — MEXICAN NATIONAL RR. CO.

1113

Net earnings (27.55 per cent.), $1,159,021.18, less $43,036.48 Federal Government earn-
ings uncollected, $1,115,984.70, which reduced at 80 per cent, equals, $892,787.76. Sundry
payments for betterments, expenses London Agency, interest and discount, etc., $412,137.21.
Balance to net revenue, $480,650.55, add amount received from subsidy trustees on account
of interest deficiency for 1891, $258,184.45 — total, $738,835. Paid interest on prior lien
bonds to December 1, 1891, $677,930 ; accrued interest for month of December, 1891, $60,-
905— total, $738,835.

Statement of earnings and expenses by divisions, for the year ending December 31, 1891
— Mexican currency :

SOURCES.

Main Line.

El Salto.

Matamoros
and
Brownsv'e.

Total.

Texas
Mexican
Railway.

Total-
All Lines
Owned and
Operated.

Freight

2,716,030 97
1,087,849 86
20,052 2'2
45,036 46

7,878 79

$
56,306 78
19,807 05
44355
71319

$
10,671 87
8,290 58
18614
20000

$
2,783,009 62
1,115,947 49
20,681 91
45,949 65
7 878 79

$

165,929 50
61.34992
2,676 21
2,999 65

$

2,948.939 12
1,177,29741
23,358 12
48,949 30
7,878 79

Passenger (incl. Exp. etc).

Telegraph.

Sundry Sources.

Cintura Branch

Total Gross Earnings, 1891

3,876,848 30
3,335,340 24

77,270 57
114,774 82

19,348 59
27,90076

3,973,467 46
3,478,015 82

232,955 28
276,950 54

4,806.422 74
3,754,966 36

Total Gross Earnings, 1890

Increase

541,508 06

495,451 64

"43,99526

81,776 21
80,474 69
11,31673
76,952 45
22,993 08

451,456 38

Decrease

37 504 25

8,552 17

7,534 13
5,561 86
51085
4,011 73
1,531 32

EXPENSES.
Conducting Transportation

750.959 73
1,204.518 37
153.303 70
418,592 77
167,821 27

\

18,183 07
22.442 79
2,117 38
13,091 18
3,708 25

776,676 93
1,232,523 02
155,931 93
435,695 68
173,060 84

858,453 14
1,312,99771
167,248 66
512,648 13
196,053 92

Motive Power.

Maintenance of Cars

Maintenance of Way

General Expenses

Total Working Expenses, 1891

2,695,195 84
2,589,578 66

59,542 67
46,421 25

19,149 89

24,962 18

2,773,888 40
2,660,962 09

273,513 16
266,999 80

3,047,401 56
2,927,961 89

Total Working Expenses, 1890
Increase

105,617 18

13,121 42

112,926 31

6,513 36

119,439 67

Decrease

5,812 29

19870

2,938 58

Net Earnings, 1891

1,181,65246
745,761 58

17,727 90
68,353 57

1,199,579 06
817,053 73

L. 40,55788
9,950 74

1,159,021 18
827,004 47

Net Earnings, 1890. .

Increase

435,890 88

382,525 33

"50,50862

332,016 71

Decrease . . .

50,625 67

2,739 88

General Balance Sheet (United States Currency], December 31, 1891.

Balance from Net Revenue Account, re-
ceivable from Trustees of Subsidy

Second Mortgage Bonds, "A"

and " B " $200,000 00

Texas Mex. Bond Purchase. . . 763,670 27

Cash 131,376 24

Accounts Receivable 341,442 13

Express Property 2,091 73

Texas Mexican State Lands . . 19,832 91
Materials on Hand 361,642 86

$145,684 45

1,820,056 14

Balance from Capital Account $1,461,858 05

Pay-Rolls and Vouchers $269,519 60

Accounts Payable 154,917 94

Coupons First Mortg'e Bonds

Outstanding 18,540 00

Accrued Interest for Month of

December, 1891 60,905 00

503.882 54

Total $1,965,740 59 Total $1,965.740 59

Funded debt consisted, December 31, 1891, of —

1st mtge. 6 p. c. 40-year $1,000 coup, gold bonds, due June 1, 1927, interest June and December $12,213,000

2d mtge. Series " A " 6 p. c. 30-year $500 and $1,000 coup, gold bonds, dne 1917, int. March and Sept. . 12,2i5,000
2d mtge. Series " B " 6 p.c. 30-year $500 and $1,000 reg. gold bonds, due 1917, int. pay. in Apl. (if earned) 12,265,000
id mtge. Inc. 6 p.c. 50-year $1,000 reg. gold bonds, dated Aug. 1, 1887, due 1937, int. pay.in May(if earned) 7,040,000

The above mortgages cover all existing lines and all lines under construction in the
Republic of Mexico. Voting power attaches to first and second mortgage bonds.

^1 First Mortgage Bonds and Subsidy.— In. March last the trustees of the first mortgage bonds and of the
Government subsidy pledged for their security, called for redemption and cancellation, under the terms of the
trust deed, 319 of the bonds. At the close of the year $287,000 had been presented and redeemed, and certificates

r cancellation of that number delivered to the treasurer of the company. The decrease of outstanding first
mortgage bonds by that number is shown in the Capital Account.

1114

POOR S MANUAL — MEXICAN NATIONAL RR. CO.

Capital Account, Mexican National RR. Co., December 31, 1891 (U. S. Currency) :

LIABILITIES.
Capital Stock ., $33,350,000700

Bonded Debt.

First Mortgage Bonds $12,213,000 00

Second Mortgage Bonds, A and B 24,530,000 00

Third Mortgage Bonds, Income 7,040,000 00

43,783,000 00

Total Liabilities , $77,133,000 00

ASSETS.
Cost of Railroad and Property.

Securities Paid to Acquire Road : United States Currency.

First Mortgage Bonds $2,000,000 00

Second Mortgage Bonds, A and B 24,330,000 00

Third Mortgage Bonds, Income 7,040,000 00

Capital Stock 33,303.750 00

Deduct Credits, as under : $66,673,750 00

Materials $598,06717

Express Property 2,148 15

Bonds and Stocks of Other Companies 4,022,750 00

Texas Mexican Railway Co. Account 192,086 57

Texas Mexican Betterment Account , 13.898 16

4,828,950 05

$61,844.799 95
Add for Depreciation in above Materials, as shown per Inventory of November

30, 1889 130,194 20

$61,974,994 15

Deduct Credits to Railroad and Property since January 1, 1889 $4,240 02

Deduct for First Mortgage Bonds Paid Off and Cancelled during Year

1891 287,00000

291,240 02

Add Expenditures since reorganization, viz.: $61,683,754 13

Discount on Sales, Bankers' Commission, etc $1.681,106 54

Betterments, Old Line 699,858 89

El Salto Lien 191,431 66

Debts, Old Company 167,416 40

Construction of New Line (including Sabinas Coal

Road Surveys, Coal Explorations and Matamoros

Branch Survey) : $4,718,877 40

Less Amount Charged to Capital Reserve 144.181 91

4,574,695 49

Equipment of New Line 956,328 74

Reorganization Expenses 529,437 57

Interest Reserve absorbed in 1888 650,000 00

Capital Reserve absorbed in 1888 112,552 00

Capital Reserve absorbed in 1889 and 1890 144,18191

Capital Reserve absorbed in 1891 for Uncompleted Construction

New Line.. 2,290 83

9.709.300 03

$71,393.054 16

Bonds and Stocks of Other Companies.

Corpus Christi, San Diego and Rio Grande N. G. RR. 7 per cent. Bonds 248.000 00

Texas Mexican Railway 6 per cent. Bonds 1.196,000 00

Texas Mexican Railway Stock 2.478,750 00

Texas Mexican Northern Railway Stock 100.000 00

Brownsville and Gulf Railway Stock ... 25.000 00

4,047,750 00

Mexican National Railroad Company's Stock, held for Conversion of Texas Mex-
ican Stock '-'I -250 00

Texas Mexican Railway Company, note $209,387 79

Texas Mexican Railway Company, coupons 121,460 00

$330,847 79
Less Coupons in Suspense 121,76000

Total Assets $75,671,141 95

Balance, Excess of Liabilities, to General Balance Sheet. . $1,461,858 05

POOR'S MANUAL OP RAILROADS — MEXICO. 1115

Annual meeting, first Monday in April, at Colorado Springe, Col. Books close twenty
days previously. Interest on bonds payable at National City Bank, New York, X. Y.
Trustees of bonds : 1st mortgage, Hugh M. Matheson and VV. G. Raoul ; 2d mortgage,
Josiah A. Horsey and W. G. Raoul ; 3d mortgage, Charles J. Canda and Hanson A. Risley.
Registrar of certificates for stock, Andrew Anderson, jr., secretary. The stock of this com-
pany is held by Farmers' Loan and Trust Co., voting trustee.

TEXAS MEXICAN RAILWAY.— Corpus Christi to Laredo, Texas, and branch, 162.03 nCiles.
Sidings, 10.78 miles. Gause. 3 ft. Rail (steel, 12.3 miles), 30 Ibs. Chartered as Corpus Christi, San Diego and
Rio Grande Narrow-Gauge RR. Co., March 13, 1875. Charter amended June 30, 1881, and present name adopted
The company has a land grant from the State of Texas, 16 sections to the mile. Capital stock. $2.500,000 : funded
debt S D. & R. G. N. G. RR. 7 per cent, bonds, due July 1, 1910, interest January and July, $960,000 : Texas
Mexican Ry. 6 per cent, bonds, due July 1, 1921, interest January and July (authorized, $2,500,000), $1,380,000.
W G RAOUL, President, New York : Thomas W. Dodd, Vice -President ; W. M. Sturgeon, Secretary and
Treasurer, Laredo, Tex. ; Andrew Anderson, Jr., A**t. Secretary, New York ; J. N. Galbraith, Superintendent ,'
W. B. Ryan, freight and Passenger Age/if . Laredo, Tex. GENERAL OFFICES, Laredo, Texas.

Board of Directors, Mexican National Railroad Co., elected April 4, 1892.

W. G. Raoul New York, N. Y. I William Mertens..New York, N. Y. I Emilio Velasco City of Mexico.

Josiah A. Horsey.. li " I Gustave J .Wetzlar " | Wm.Landa yEscandon "

C. C. Bea'mau .... " " I W. J. Palmer James Sullivan ;

Eckstein Norton. . . " "I Geo. F. Peabody . . " " Justo Sierra "

Mariano Escobedo City of Mexico.

W. G. RAOUL, President New York, X. Y.

J. A. Horsey, Vice-President New York, N. Y.

Gabriel Morton, 2nd Vice- President and Treasurer City of Mexico, Mex.

Secretary— Andrew Anderson, Jr New York, N. Y. | General Manager— Theo. D. Kline, City of Mexico, Mex.

PRINCIPAL OFFICE AND ADDRESS 6 Wall Street, New York, N. Y.

CITY OF MEXICO ADDRESS 28 Calle de Ortega.

MEXICAN RAILWAY COMPANY.

Main Lines of Road. — City of Mexico, Mex., to Vera Cruz, Mex 264

Pachuca Branch : Ometusco to Pachuca 28

Puebla Branch : Apizaco to Puebla 29 — 321 miles.

Sidings, 36 miles. Rail (steel, 310 miles), 62 and 82 Ibs.

History. — The company also operates the Jalapa line, from Jalapa to Vera Cruz, 70.75
miles, of which 9.5 miles are operated as part of this company's main line and included in
its length (264 miles) as given above.

The extension from Ometusco to Pachuca was completed and opened December 3, 1890.
The concession (dated May 27, 1889) for this extension carries no subvention, and runs for 99
years, at the end of which the government may purchase the line at a price to be fixed by
experts.

Roiling; Stock, December 31, 1891. — Locomotive engines, 56. Cars — passenger (1st class,
18 ; 2d class, 9 ; 3d class, 18 ; escort, 8 ; branch and luggage vans, 15 ; other, 10), 78 ; freight
(goods, 261 ; pulque, 24 ; cattle, 4 ; firewood, 26 ; platform, 172 ; ballast, 79 ; way, 1), 567—
total, 645. Also, 2 screw tug-steamers and 20 lighters.

Operations for year ending December 31, 1891. — Train mileage — passenger, 329,767 ;
freight, 396,073 ; other, 27,342— total, 753,182 miles. Passengers carried, 602,937 : carried
one mile, 26,452,804. Tons freight moved, 409,185 ; moved one mile, 40,536,498.

£ s. d. I £ s. d.

Earnings.— Passenger 157,330 5 8

Freight 537,546 16 1

Pulque 56,823 1 5

Miscellaneous 44,561 1611

Total £796,262 0 1

Expenses.— Maintenance of Way 58,549 17 3

Motive Power 166,167 8 11

Transportation 66,195 19 9

General Expenses 54,778 14 5

Total. £345,692 0

Net earnings, £450,569 19*. M. Add other receipts: Transfer fees, £523 10s. Qd. ; interest
on deposits, £11,697 13*. 9d. ; -net revenue, Jalapa line, £6,565 14*. Id.— total available rev-
enue, £469,356 18*. Id. Payments: Losses on exchange, etc., £100,967 5*. Id. ; interest on

1116

POOR'S MANUAL — MEXICAN RY. CO.

debenture stock, £120,000 ; Vera Cruz Pier and Launch revenue account, £2,916 19s. Od.—
total, £223,8844*. Id. Balance, surplus, £245,472 13*. Qd.

Capital Account, December 31> 1891.

£ s. d.

Amount Expended to Dec. 1890 8,101,938 13 8

Pachuca Branch and New V.Cruz P., etc. 108,606 8 3

New Rolling Stock 57,62813 0

Amount to Balance... . 194,53115 9

Ordinary Share Capital 2,254,720

1st Preference Share Capital

Stock 8 per cent 2,554,100

2d Preference Share Capital

Stock 6 per cent 1,011,960-5,820,780 0 0

Perpetual Deb. Stock 6 p. c 2,000,000 00

Sink. Fund for 2d Mtge. bonds drawn . . . 266,500 0 0
Subvention Separate Account. Amount

transferred to provide for Cap Ex 375,425 10 8

Total £8,462,705 10

Total £8,462,705 10 8

General Balance Sheet, December 31, 1891.

Balance Capital Account 194,531

Balance Revenue Account 97,396

Sundry Acc'nts, Interest, Dividends, etc. 107,879

Reserve Fund 4,030

Separate Subvention, 1879 11,353

Subvention Current Account 137,949

Balance 1st Pref . Stockholders 687

Balance 2d Pref. Stockholders 26,423

Balance Ordinary Stockholders .-. 53,634

Locomotive Reserve Fund 50,873

Permanent Way Renewal Account 29,509

s. d.
15 9
17 10

Stocks and Stores 133,755

Cash Balances 326,084

Mexican Government Traffic Account.. 75,119

Sundry Accounts 19,615*

Leasehold Premises 6,389

Investments 153,306

5 5
12 6
5 10
4 0
12 10

Total Assets £714,270 8 1 Total Liabilities £714,270 8 1

First Preference Stock.— Created November 11, 1874, and issued to creditors of the com-
pany (as fully paid up shares) in satisfaction of equal amounts of overdue and unpaid 8 per
cent, bonds. Entitled to a preferential dividend of 8 per cent, per annum in perpetuity, out
of the available net profits of each separate half year. Listed on the London Stock Exchange,
and also quoted at Dublin, Edinburgh, Glasgow, Leeds, Liverpool, Manchester, and Shef-
field.

Second Preference Stock. — Created November 11, 1874, and issued to creditors in satis-
faction of equal amounts of overdue and unpaid interest up to the end of 1873. Entitled to
6 per cent, per annum in perpetuity, out of the available net profits of each separate half
year, and ranks after the first preferred stock. Listings same as first preferred stock.

Perpetual Five per cent. Debenture Stock. — By resolution at special meeting, December
16, 1879, and confirmed December 31, 1879, the directors were empowered to issue £2,000,000
perpetual debenture stock, bearing 6 per cent, interest, and constituting a first charge on the
undertaking, the proceeds to be applied to the redemption of the then existing bonds, by ex-
change or repayment, and for the improvement and development of the railway. Interst
payable January and July at the office of the company's bankers, Glynn, Mills, Carrie & Co.,
London, Eng. Listed on the London Stock Exchange, and quoted at Dublin, Edinburgh,
Glasgow, Leeds, Liverpool, and Manchester.

A contract exists between this company and the Government whereby the company is
relieved from its obligation of making the second section of the Jalapa Line, and is exempted
from the payment of taxes and import duties for 15 years from April, 1882. On the other
hand the company agrees to carry the materials of other companies at a lower rate than that
permitted by the concession : to haul for 20 years a quantity of coal, not exceeding 50,000
tons per annum, at a rate of $12 per ton for carriage from Vera Cruz to Mexico ; and to
transfer to the Government a considerable quantity of telegraph material.

JALAPA BRANCH BAIL WAY.— Jalapa to Vera Cruz, 70.75 miles. Operated by Mexican Ry.
Operations, et<
miscellaneous,
power, £10.852
£17,598 3s. 4d. Net earnings, £6,565 14*. 7d.

POOR'S MANUAL OF RAILROADS — MEXICO. 1117

Directors Mexican Ry. Co.— T. C. Sandars, W. Barren, T. Braniff, G. W. Campbell,
Senor Don Pablo Escandon, H. H. Gibbs, H. Goschen, W. Newbold, M. R. Pryor. Appointed
by Mexican Gvvtrnment ; Sefior Don Luis C. Curiel, SeSor Don Casimiro Pacheco, Sefior Don
P. Martinez Del Campo, Senor Don Juan Gonzalez Asunsolo.

THOMAS C. SANDARS, President London, Eng.

Secretary— John T. Denniston London, Eng.

f45 ^ew Broad Street> London, E. C.
-( Buena Vigta Station> Mexjco, Mex. .

MEXICAN NORTHERN RAILWAY COMPANY.

Line of Road, — Escalon, Mex., to Sierra Mojada, Mex 81.25 miles.

Sidings, about 4 miles. Gauge, 4 ft. 8A in. Rail (steel), 56 and 60 Ibs. per yard.

History. — This company was chartered June 26, 1890, and was granted a special conces-
sion from the Mexican Government, including exemption from taxes and import duties on
material used in the construction of the road. The business of the road consists largely in
carrying mining products. Connection is made with the Mexican Central Ry. at Escalon,
Mex. Road opened to Rincon. Mex., in February, 1891, and to Sierra Mojada, July 15, 1891-

Financial Statement.— Capital stock (authorized), $3,000,000 ; par value, $100 per share.
Funded debt authorized, $1. 660,000 1st mortgage 6 per cent. 20-year $1,000 gold bonds,
due 1910, interest payable June and December, in New York City. Trustee, State Trust Co.,
New York, N. Y.

Annual meeting, first Tuesday in June.

Directors.— Robt. S. Towne, City of Mexico, Mex. ; A. R. Meyer, Kansas City, Mo. ;
X. Witherell, E. M. Sbepard, A. Foster Higgins, George Foster Peabody, New York, N. Y. ;
W. F. Dummer, Chicago, 111.

ROBERT S. TOWNE, President and General Manager. .City of Mexico, Mex.

August R. Mejer, 1st Vice-President Kansas City, Mo.

Nathaniel Witherell, Id Vice-President. . . 20 Nassau St., New York, N. Y.

Sec. <& Gen. Auditor— C. J. Nourse. Jr. New York, N. Y. Treasurer—^. Foster Hisgins New York. N. Y.

Superintendent and Chi*-f Engineer— Vinton P. Safford Escalon, Mex.

(42 Pine Street, New York, N. Y.

PRINCIPAL OFFICES AND ADDRESSES - _,

Calle de Cadena, 10, City of Mex., Mex.

MEXICAN SOUTHERN RAILWAY (LIMITED).

Projected Line of Road.— Puebla to Oaxaca, Mex 228 miles.

Completed : Puebla to Tecomavaca. Mex 139 miles.

History. — Incorporated May 9, 1889, to build a narrow gauge road from Puebla to Oaxaca,
under a concession granted by the Mexican Government. The line will be divided into three
sections: (1), Puebla to Tehuacan, 79 miles; (2), Tehuacan to Tecomavaca, 61 miles; and
(3), Tecomavaca to Oaxaca. First two sections as above opened August 25, 1891, but
operated by the contractors until March 31, 1892, on the terms of paying the company
as rent the difference between the amount of subvention accrued and the amount required to
pay interest and dividend on the first issue of debenture stock and preference shares, the
debenture stock sinking fund and expenses of administration. On the completion of each
section of 40 kilometres, the company is entitled to an annual subvention from the govern-
ment for a period of 15 years of $2,400 per kilometre, the subvention amounting for the
first two sections to $537,600 per annum ; the subvention in the third section will amount
to an additional sum of .$343,200 per annum.

Financial Statement.— Capital authorized, £2,000,000, in shares of £10 (half being ordi-

1118 POOB'8 MANUAL OF RAILROADS — MEXICO.

nary and half 7 per cent, cumulative preference shares) and £1,200,000 6 per cent, mortgage
debenture stock.

Preference shares to the amount of £500,000 and £600,000 debenture stock were issued at
par in May, 1889, by Linton, Clarke & Co., London. The mortgage debenture stock is secured
by first mortgage on the line from Puebla to Oaxaca. It also receives a special hypothe-
cation for the service of the loan of the subvention received from the Mexican Government ;
interest payable April and October, and guaranteed by the contractors during construction.
Stock repayable at 105 on April 1, 1905, by the operation of a sinking fund, subject to the
company's right, on six months' notice, to pay off the whole at 110 per cent. The balance
of the debenture stock and preference shares and all of the ordinary shares are to be taken
by the contractors, and will be issued against certificates for work done.

Directors.— A. J. Mundella, M. P. (Chairman) ; H. W. Campbell, L. L. Dillwyn, T. C.
Farrar, G. E. Paget, G. Russell, London, Eng. The Mexican Government also appoints two
directors to act in Mexico.

A. C.'CHAMIEB, Secretary Broad Street Avenue, London, E. C.

Don Pablo Martinez del Rio, Representative in Mexico . . .Mexico City, Mex.

W. Morcom, Manager Pueblo, Mex.

MONTEREY AND MEXICAN GULF RAILROAD COMPANY.

Line of Road (Completed). — Geronimo Trevino to Tampico. 390 miles.

Sidings, 50 miles. Gauge, 4 ft. 8$ in. Rail (steel), 56 Ibs.

History. — Chartered September 5, 1888. This road was built under a concession made
by the Mexican Government. The first portion of the road was opened on May 5, 1889 ; to
Montemorelos, 68 miles, June 30, 1889 ; from Venadito to Villagran, 188 miles, on April 1,
1890 ; to La Cruz, 216 miles, August, 1890 ; to Victoria, 242 miles, October, 1890 ; to Panocha,
296 miles, January, 1891 ; to Guadalupe, 327 miles, May 1, 1891, and to Tampico, July 20,
1891. The line extends from General Trevino (formerly Venadito), on the International
Ry. , southeast through Monterey, Linares, and Victoria to Tampico, on the Gulf, 390 miles,
where connections are made with the various transatlantic and coast steamers.

Rolling Stock. — Locomotive engines, 20. Cars — passenger, 15 ; baggage, mail, and ex-
press, 2 ; freight (box, 150 ; stock, 25 ; platform, 130 ; coal, 50 ; caboose, 1 ; other, 6), 362 —
total cars, 379.

Operations for year ending December 31, 1891. — Not reported.

Financial Statement. — Capital stock, $100,000 ; funded debt, 1st mortgage 5 per cent.
50-year bonds, due November 1, 1938, interest payable May and November (authorized
$25,000 per mile), $9,750,000— total stock and bonds, $9,850,000. The bonds are $1,000 each,
coupon, with privilege of registration, and are secured by 1st mortgage on all of the property
of the company.

Annual meeting, first Tuesday in September, at 40 Wall St., New York, N. Y. Interest
on bonds is payable at the office of the trustee of bonds and registrar of stock, Central Trust
Co., New York, N. Y.

Directors. — Geronimo Trevino, E. de la Garza, Monterey, Mex. ; T. S. Bullock, V. A.
Wilder, Austin Gallagher, F. C. B. Avery, George E. Walters, New York, N. Y. Govern-
ment Directors : Francisco Olivares, Nicholas Regules, City of Mexico, Mex.

GERONIMO TREVINO, President Monterey, Mex.

T. S. Bullock, 1st Vice- President New York, N. Y.

Emeterio de la Garza, 2d Vice-Pres. and Gen. Atty Monterey, Mex.

V. A. Wilder, Secretary and Treasurer New York, N. Y.

General Manager— 3. A. Robertson . . .Monterey, Mex. j Traffic Manager— Adam Hoffman Monterey, Mex.

Chief Engineer— C. A. Merriam Monterey, Mex. | Auditor— W. H. Lingard Monterey, Mex.

PRINCIPAL OFFICE AND ADDRESS 40 and 42 Wall St., New York, N. Y.

MAP OF THE

MONTEREY

AND

MEXICAN GULF

RAILROAD.

1119

1120 POOB'S MANUAL OF RAILROADS — MEXICO.

SINALOA AND DURANGO RAILROAD COMPANY. (Limited.)

Line of Road. — Altata, Mex., to Culiacan, Mex 38.5 miles.

Sidings, 3 miles. Gauge, 4 ft. 8* in. Rail (steel, 38.5 miles), 40 Ibs.

History. — The Sinaloa and Durango RR, Co., Limited, was chartered under the laws of
the State of Massachusetts in 1881 ; road opened February 12, 1883. The company's charter
was amended in 1888, authorizing the construction of a road from Mazatlau toGuaymas, and
promising a subsidy of $8,000 per kilometre, payable in 6 per cent, bonds.

This company is being merged into the " Western Ry. Co. of Mexico, Limited,1" of London,
of which William J. Songlmrst, No. 20 Abchurch Lane, London, E. C., Eng., is Secretary.
The organization of the old Sinaloa and Durango RR. Co. will be discontinued probably in
1892.

Rolling" Stock. — Locomotive engines, 2. Cars — passenger, 4 ; freight (box, 10 ; plat-
form, 20), 30— total cars, 34. Also 6 service cars.

Operations for year ending December 31, 1890. — Earnings, $84,617.87. Expenses, $84,-
648.09. Deficit from operations, $1,969.78.

Financial Statement, December 31, 1890. — Subscriptions, -$518,130; subsidy account,
$557,343 ; bills and accounts payable, $45,512.01 ; profit and loss, $94,914.24— total, $1,215,-
899.25. Contra ; Cost of road, etc., $1,102,269.05 ; equipment, $54,577.71 ; marine property.
$39,475.60 ; current accounts, $19,576.89— total, $1,215,899.25. On April 30, 1884, the capi-
tal stocjt was reduced from the nominal sum of $800,000 to $20,000 by decrees of the Massa-
chusetts Supreme Court. None of it was ever issued.

Annual meeting, Tuesday following first Monday in April.

Directors (elected April 7, 1891).— S. W. Richardson, J. G. Stetson, P. B. Beaumont,
Boston, Mass. ; J. H. Brooks, Milton, Mass. ; Wm. H. Hill, Brookline, Mass.

R. R. SYMON, V.-Pres. & Gen. Man. .London, Eng., and New York, N. Y.

Treasurer— -S. W. Richardson Boston, Mass. | Gen. Superintendent— Geo. R. Douglass. Culiacan, Mex.

Clerk — F. E. James Boston, Mass.

PRINCIPAL OFFICE AND ADDRESS 40 Water Street, Boston, Mass.

SONORA RAILWAY COMPANY, Limited,

Line of Road.— Guaymas, Mex., northward to Nogales, Mex 262.61 miles.

History. — The Sonora Ry. Co., Limited, opened its road to Hermosillo, 90 miles, Novem-
ber, 1881, and to Nogales on October 25, 1882. This line is owned by the Atchison, Topeka
and Santa Fe RR. Co., and with the New Mexico and Arizona RR., forms the Sonora Division
of the Atchison Company's system of roads. Operations included in Atchison statement.

Under the plan of reorganization of the Atchison, Topeka and Santa Fe RR. Co. the
1st mortgage bonds of this company were exchanged for new securities as follows : Each,
$1,000 in old bonds received, $300 in ne^w 4s, and $960 in new income 5s. The Atchison
Company owns all of the capital stock and bonds, and all accounts are included in those of
that company.

Annual meeting, first Wednesday in April. Bonds listed on the Boston Stock Exchange.

Directors (elected April 20, 1891).— Allen Manvel, Chicago, 111.; B. P. Cheney, G. L.
Goodwin, Warren Sawyer, John P. Whitehead, Alden Speare, O. W. Peabody, Boston,
Mass. ; R. R. Symon, London, Eng. ; Geo. C. Magoun, J. J. McCook, Wm. Libbey, New
York, N. Y. ; David Fergusson, Sebastian Camacho, Mexico, Mex. Government Directors :
F. H. Garcia, Jose' Julian Gutierrez.

ALLEN MANVEL, President Chicago, 111.

J. W. Reinhart, Vice-President and Auditor . . .Boston, Mass.

Robert R. Symon, 2d Vice- President London, England.

.Secretary— L. C. Deming Boston, Mass. | Treasurer— Geo. L. Goodwin Boston, V

PRINCIPAL OFFICE AND ADDRESS IN UNITED STATES. .95 Milk St., Boston, Mat=s.

1121

THE MEXICAN INTERNATIONAL RAILROAD COMPANY.

Main Lino of Road. — Ciudad Porfirio Diaz (formerly Piedras Xegras) Mex-
ico to Torreon, Mexico 383.11 miles.

L'i/np 'tz<>* llrc.m'li : Comi>lete;l from near Sabinas Station on main line to Hondo. 12.31 miles.
S<at /W/Y/ tti'iwh : [loruos to San Pedro. : 14.35 miles.

Totai length of road constructed and in operation December 31, 1891 409.77 miles.

(iaiure, 4 ft. s.l in. Rail (steel), 54 Ibs.

History. — This company was organized December 9, 1882, under special charter from
the State of Connecticut. In 1883 it acquired certain concessions granted by the Govern-
ment of Mexico under date of June 7, 1881, November 4, 1881, and April 21, 1882. which
authorized ihe construction and operatio-i of a line of railroad and telegraph between the
City of Mexico and the Rio Grande, terminating at or near Ciudad Porfirio Diaz (formerly
Piedras Xegras), with the right to construct another line from a convenient point on the
main line to some point on the Gulf of Mexico between Matarnoras and Vera Cruz ; also
another line to the Pacific Ocean at some point between Mazatlan and Zihuatanejo, and also
such, branches as the company may deem desirable from each side of the lines above men-
tioned, said branches to be subject to the approval of the Department of Public Works, and
not to exceed 100 miles each in length.

It is stipulated in said concessions that the road and its appurtenances shall be exempt
from taxation for fifty years, and that materials required for the construction, operation and
repair of the road shall be free from import or other duties. No subvention is granted, but
the Government has obligated itself not to give a subvention to any other line of railroad
within 50 miles on each side of the lines so authorized.

About 70 miles, extending from Ciudad Porfirio Diaz (formerly Piedras Xegras) to Sa!>i-
nas, and including the part wit'iin Mexican territory of the International Bridge over the
Rio Grande, were completed in 1883. In 1884, 89.37 miles of the main line were completed,
and also 10.84 miles of the Lampazos branch, the latter thus reaching the coal fields of San
Felipe. The track of the main line was completed January 12. 1S88, to Torreou, where con-
nection is made with the Mexican Central Railroad. The operation of the road to Torreon
was commenced March 1, 1888. The San Pedro branch was built in 1890.

Rolling1 Stock. — Locomotive engines, 33. Cars — passenger, 14 ; baggage, mail, and ex-
press, 6 ; freight (box, 429 ; fiat, 157; stock, 101 ; coal, 503 ; caboose, 15), 1,205— total, 1,225.
Also, 17 water, 6 boarding, 2 officer*', 1 pile-driver, 1 wrecking car.

Operations. — Not reported.

Financial Statement, March 1, 1888.— Capital stock, $11,835,500. Funded debt, 1st
mortgage 6 per cent. 50-year gold bonds, interest March and September. Series "A" $5,-
000,000, due March 1, 1934; series '• B," $4.742,000, due September 1, 1937.

Directors (elected April 12, 1890). — C. P. Huntington, Charles Crocker, Lyiide Harrison,
George Howes, James Steuart Mackie, Charles Babbidge, F. H. Davis.

C. P. HUNTINGTOX, President New York, X. Y.

James Steuart Mackie, Vice- President and Secretary New York, X. Y.

Treasurer— F. H. Davis New York, N. Y. j Gen. Man.—L. M. Johnson . . Ciudad Porfirio Diaz Mex

OFF[cES J 33 B™d Street< Xew York- *• Y-

Jiudad Porhrio Diaz, Mexico.

PANAMA RAILROAD COMPANY.

Line of Road.— Colon (Atlantic) to Panama (Pacific), Colombia 47.50 miles.

Sidings, 12.23 miles. Gauge, 5 ft. Rail (steel), 56 Ibs.

History. — This interoceanic line was chartered by the Legislature of New Yoik, April
7, 1849. The road was opened from the Atlantic lo the Pacific, January 28, 1855. Its im-
71

1122

POOR'S MANUAL — PANAMA RR. CO.

mediate purpose was to provide a route to California. It lias become a great commercial
highway between the nations on the coasts of Western Europe and Eastern Asia, as well as
between San Francisco and New York. A controlling interest in this road was, until
recently, owned by the Compagnie Universelle du Canal Interoceanique de Panama.

Rolling: Stock, December 30, 1891. — Locomotive engines, 25. Cars — passenger, 24 ; bag-
gage, mail, and express, 34; freight (box, 268 ; platform, 119 ; stock, 9 ; coal, 81 ; caboose, 7),
484— total revenue cars, 542. Service cars, 18.

Floating: Stock, December 31, 1891. — Steam tugs, 4 ; freight launches, 16 ; coal
launches, 6.

Operations for year ending December 31, 1891. — Train mileage not reported. Passen-
gers carried, 56,276. Freight moved, 224,560 tons.

Expenses.— Operating Expenses (Isth.) .... $870,199 04

Office Expenses, New York . . . 39,391 52

Lost and Damaged Freight 7,088 38

Other Expenditures 58,089 30

Earnings.— Passenger $115,578 75

Freight 1,401,14000

Mail and Treasure 44,320 50

Rental, Wharfage, etc 83,073 38

Total ($34,612.90 per mile) $1,644,112 63 Total ($20,521.43 per mile) $974,768 24

Net earnings (40.71 percent.), $669,344.39. Add other receipts: Interest and exchange,
$5,833.34 ; lighterage, $238,601.94 ; water for shipping, $42,565.86 ; collections in excess of
"estimated" earnings for previous years, $5,888.40 — total available revenue, $962,233.93
Payments : Interest on sterling bonds, $202,953.10; on subsidy bonds, $144,480 ; redemption
of subsidy bonds, $81,000 ; subsidy to U. S. of Columbia, $35,000 ; appropriation to sinking
fund, $175,000— total, $638,438.10. Net receipts, $323,800.83.
Abstract of operations, earnings, etc., for ten years:

1882

1883

1884

1885

1886

1887

1888

1889

1890

1891

Pass. Carried...
Fght.Mov.(tons)

Gross Earnings.
Oper. Expenses.
Net Earnings . .
Interest Paid...
Dividends Paid

127,616
194,550

2,204,949
771,961
1,432,988
448,349
875,000

303,979
215,725
$
2,574,445
1,099,539
1,474,906
445,3:33
945,000

515,520
287,213

3,305,278
1,743,377
1,561,901
442,528
1,120,000

567,694

262,497

3,086,221
2,655,273
43J,948
429,007
700,000

799,264
320,971

2,805,387
2.406,200
399,187
421,244

959,535
346,883
$
3.224,576
2^348,463
876,108
394,599

1,283,753
365,266
$
3,404,808
2,036,037
1,368,771
377,379
1,610,000

290,664

288,891

1,901,544
1,232,491
669,053
360,185
630000

64,652
231,523

1,689,455
1,037,951
651,504
351,993
350000

56,276
224,560
$
1,644,112
974,768
669,344
347.433

Financial Statement, December 31, 1891.— Capital stock, $7,000,000; funded debt
(sterling general mortgage 7 per cent. 30-year coupon bonds [authorized, £1,000,000 ; out-
standing, 2,989 bonds of £200 each, £597,800, or $2,989,000], dated October 10, 1867, are due
October 10, 1897, interest, payable April 10 and October 10 ; $2,327,000 6 per cent, gold sink-
ing fund subsidy $1,000 coupon bonds, dated November 1, 1880, due November 1, 1910,
interest payable May 1 and November 1), $5,316,00.)— total stock and bonds, $12,316,000.
Contra : Cost of road, $9,835,320.73.

Treasurer's Statement, December 31, 1891. — Assets. — Cash in bank and in hands of
agents, $70,069.26; uncollected earnings (partly estimated), $127,118.48 ; deposited with
trust companies, $150,000: coal and supplies on hand, $232,023.46; U. S. of Columbia for
advance of subsidy, $2,307,000 ; accrued interest on deposits, $2,316.20; petty cash, $7.47—
total $2,908,534.87

Liabilities.— Drafts advised, $48,417.84; unpaid bills, $18,765.52; accrued
interest, $68,370.66 ; 6 per cent, subsidy bonds, $2,327,000 ; coupons not pre-
sented, $1,200; due U.S. of Columbia, $18,750; due to sinking fund, $12,343. 79— $2,494,847.81

Balance, excess of assets $413,687.06

To meet the sterling bonds, the company has a sinking fund of $1,108,554.63 ; for the
redemption of the bonds of 1910, $225,000 of the annual subsidy to the U. S. of Colombia is
pledged till March 27, 1908, and is to be applied : 1st, to the payment of the interest, and 2d,
as a cumulative ranking fund, for the redemption of the principal: the bonds to be drawn
yearly in September to an amount equal to the then surplus of the subsidy sinking fund, the

POOU?S MANUAL — PANAMA RR. CO. 1123

drawn bonds to be paid on November 1 after each drawing, and thereby redeeming the whole
issue in 1908.

Dividends paid by the company during 1888 were : January 16, 6 per cent.; May 1, 5 per
cent.; September 12, 7 per cent. ; November 30, 4 percent.; December 21, 1 percent. — a
to-al of 23 per cent., or $1,610,000 for the year. In 1889 there were paid : March 6, 5 per
cent.: July 31, 4 per cent. — total, 9 percent. In 1890: March 27, 3i per cent.; December
16, 11 per cent. — total 5 per cent.; and in 1891 : March 27, 2 per cent. ; December 29, 3 per
cent. On March 28, 1892, a dividend of 2 per cent, was paid. (For statement of all divi-
dends paid since the organization of the company, see MANUAL, for 1888, page 1019.)

Annual meeting, first Monday in April. Dividends payable at company's offices ; whole
number paid to December 31, 1891, 111. Interest payable at New York and London. Trus-
tees of the 7 per cent, general mortgage bonds, Clias. G. Francklyn and Edward L. Oppen-
heita ; of the 6 per cent, subsidy bonds, George S. Bowdoin and George T. Blis^. Registrar
of >tock, Farmers' Loan and Trust Co.

Directors (elected April, 1892). — John Newton, Julius \V. Adams, Samuel R. Pro-
basco, Charles Coudert, Ernest L. Oppenheim, Robert A. Cheesebo rough, E. A. Drake,
Samuel M. Felton, J. Edward Simmons, D. Lowber Smith, Xavier Boyard, William B.
Franklin, J. H. Parker. New York. N. Y.

JOHN NEWTON, President New York, N. Y.

Charles Coudert, Vice- President New York, N. Y.

Sec. cfc Treat.— Ei uest L. Oppenheiru New York, N. Y. | Gen. Supt.—A.. L. Rive* Colon. Col

PRINCIPAL OFFICE AND ADDRESS 29 Broadway, New York, N. Y.

1124 POOR'S MANUAL — MISCELLANEOUS CORPORATIONS.

STATEMENTS OF MISCELLANEOUS CORPORATIONS

Affiliated with the Railroad Interest. For statements of leading industrial and other
corporations whose securities are listed on the New York Stock Exchange see POCK'S
HANDBOOK OF INVESTMENT SECUEITIES.

ALABAMA, NEW ORLEANS, TEXAS AND PACIFIC JUNCTION RAIL-
WAYS CO. THE, (LIMITED). — This is an English corporation, registered in London June
18, 1881, to provide the means for acquiring the control of certain railways which it was con-
sidered could be advantageously associated with the Alabama Great Southern Ry. Co. Capi-
tal stock (December 31, 1891) consists of €2,500.000 deferred "B" shares, €1,500,000 pre-
ferred or "A" share.s, and €200,000 pre- preference shares — the latter unissued ; also
€748,850 (of an authorized issue of €750,000) 5 per cent, " A " debentures ; £1,048,890 (of an
authorized issue of €1,050,000 5 per cent, income) " B" debentures, and €810,652 19s. (of a'n
authorized issue of €840,000) 5 per cent, income) " C" debentures.

j_he Preferred " A " Shares are entitled to preference in capital and a cumulative prefer-
ential dividend of 6 per cent, over the " B " shares. The pre-preference stock is entitled, in
addition to all the rights and privileges held by the " A " shares, to 7 per cent, cumulative
dividends until such time as the net profits of one year become sufficient to pay, in addition
to such dividend and arrears thereof, a dividend of 6 percent, upon the ''A'' stock, after
which the rate shall be reduced to 6 percent. ; and when the " A " stock shall have received,
after payment of pre-preferential dividends and all arrears of same, all dividends and arrears
of dividends to which it shall be entit ed, the right of pre-preferenoe shall cease, and the new
shares shall rank thenceforth, in all respects, pari passu, with the original "A" shares.
Par value of stock, €10 per share. The deferred " B" share-, €2,500,000 were used in ac-
quiring the interests in the various undertakings. No dividend has yet been paid on either
class of stock. Both classes listed on the London Stock Exchange, and also quoted at
Liverpool.

The debenture bonds were created in July, 1891, under a plan for the rearrangement <>f
the debenture debt of the company, and were issued to holders of old 1st and 2d debentures
on the following basis of exchange : For €100 old 1st debentures and overdue coupons, LTd)
of new " A" debentures, €70 of neve " B " debentures, and €1 10s. in cash ; for €100 old 2il
dehentures and overdue coupons, €120 of new " C " debentures. Default was made in pay-
ment of all 1st and 2d debenture coupons, due in October and December, 1887, respectively,
and a receiver appointed in September, 1887, under whose management the road was operated
till April 6, 1891, when the company again assumed control.

The "A" Debentures are of the denominations of €50 and €100 each, and are a first lien
on the company's property. They are redeemable November 1, 1940, and bear 5 per cent,
interest from November 1, 1890, payable May 1 and November 1. These bonds may be called
for redemption at 115 at any time after 1910, upon six months' notice. The interest is to be,
paid out of the net profits from the date of first interest payment, and should the profits he
insufficient to pay such interest, when accrued, it shall be cumulative, but the bondholders j
have no right of foreclosure until November 1, 1895.

The " B " Debentures are of the denominations of €20, €50, and €100 each, and are a M
lien on the company's property. They are redeemable November 1, 1940, and bear 5 per cent. I
interest from November 1, 1890, payable May 1 and November 1. These bonds, like the)
" A " debentures, may be redeemed at 115 after 1910, upon six months' notice. Interest
payable out of net profits after payment of interest on " A" debentures, but is not cumuh
live. Should there be any deficiency in the payment of vthe full amount of interest for ar
first half-year such deficiency shall be payable out of the profits of the second half, providt
that the profits for the full year are sufficient for tkat purpose.

The " C " Debentures are of the denominations of €20 and €100, and are a third lien"*
the company's property. They are redeemable November 1, 1940, and bear 5 per cent, ii
terest, from October 1* 1890, payable April 1 and October 1. Bonds maybe redeemed at at
time, at par, on six months' notice. Interest is payable out of profits after provision has "
made for interest on "A" and "B " debenture bonds.

POOR'S MANUAL — MISCELLANEOUS CORPORATIONS. 1125

General Balance Sheet, December 31, 1891.

• Property
,nt and Expenses mi Debentun
Furniture and Fixtures
Securities in Kxrh.-mire for Interest

£

2*. 4T1.94U 8 4
890 0 0
and *
210.047 9 2
1 482 14 4

t referred " A " Stock (150.0*
' ' A " Debentures and Intere
•• P) " Debenture*

£ 9. '/.
X) shares).... 1.500.000 0 0
st 756.090 8 4

•;00 0 0

" C '' DcnentnrA*

810.052 19 0

Sundry Creditors

5.884 12 8

Revenue Account

2r.3>7 4 10

Cash on Hand

49,277 14 4

TVititl t inhiiitu-a

*>4 050 272 2 •'

€4 H7.4<>5 4 10

.— Certificates representing £2s,494 were issued under arrangement? made in 1885 for amount not paid
IB the four coupons of first debentures vine October 1, 1885. April 1. 1*86. October 1. 1886. and April 1, 1887,
and for which second debentures were delivered to the trustees and exchanged by them for £34.192 10*. (nominal)
•• c " debenture bonds now held in trust.

On October 1, 1890. the debenture debt amounted to £1,500,000 first debenture and £21
10s. per £100 overdue interest, and £700,000 second debentures and £20 per £10 overdue
interest.

The company owns a controlling interest in the following railroads in the U. S. :
Alabama and Vicksburg RR ................................................. 143 miles.

Vicksburg. Shreveport and Pacific RR .......................................... 189 miles.

New Orleans and Northeastern RR ............................................. 196 miles.

And in the Cincinnati, New Orleans and Texas Pacific Ry. Co., lessee of the Cin-

Southern RR., about ............................................... 336 miles.

Aggregate mileage controlled by the company ............................. 864 miles.

The Alabama Great Southern RR. (295 miles) — a separate organization — is operated under
the same management.

Whole system is under one general management, although each road is maintained and
operated primarily in its own interest as a separate organization.

The New Orleans and Northeastern RR. was opened through November 1, 1883 ; the
Vicksburg, Shreveport and Pacific RR. in July, 1884.

Directors: Francis Pavy, Augustus B. Abraham, H. Doughty Browne, Roger Eykyn,
George W. Medley. Charles Schiff, London, England. Officers: FRANCIS PAVY. CJuiinnan.
R. V. Tomlinson, Secretary. Prince's Street Chambers. 2 Prince's Street, London, Eng. ; Price,
Waterhouse & Co., Auditors, London, Eng. SECRETARY'S OFFICE. 2 Prince's Street. Lon-
don, E. C., England. AUDITORS' OFFICE, 44 Gresham Street, London, E. C., England.

CHICAGO JUNCTION RAILWAYS AND UNION STOCK YARDS COMPANY
(THE). — Incorporated in July. 1890. under the laws of New Jersey, for the purpose, among
other things, of acquiring shares of the capital stock of The Union Stock Yard and Transit
Co.. incorporated in 1865 under special charter granted by the Legislature of Illinois, and
which owns all the capital stock of the Chicago and Ind'iana State Line RR. Co. Under
authority given with it* charter, the company has acquired 129,770 iof a total of 132,000)
shares of the stock of the Union Stock Yard and Transit Co., paying therefor $22,500,000.

The property controlled by this company, and situated in the city of Chicago, consists of
470 acres of land : 130 miles of steel-tracked railway ; about one mile of river front with docks
half a mile in extent and connected with the company's railroad tracks, and about one mile
•of frontage on Halstead Street and three-fourths of a "mile on 47th Street. On the greater
part of the land are railway sidings, cattle sheds and pens to accommodate 25,000 head of
cattle, 12,000 sheep, and 160,000 hog?, brick stabling for 2,000 horses, water works, 40 miles
of water and drainage pipes. 15 mile.-* of macadamized streets, bank buildings, merchants'
offices, a cattle exchange, a hotel with capacity for 500 guests, an extensive electric light
plant, which lights the yards, hotel, exchange, etc., a large warehouse, depot, stores, etc.
— many of the buildings being let. at rental. The company has recently purchased $500,000
worth of real estate to provide additional facilities, sidings and tracks. Financial Statement.
—Capital stock (preferred, $6,500,000; common. $6.500,000), $13,000,000. Par value per
share, $100. Funded debt, $10,000.000 1st mortgage 5 per cent, 25-year $1,000 (or £205)
collateral trust, told bond*, due July 1, 1015. interest payable January 1 and July 1, at the
Central Trust Co., New York, N. Y./or in London, Ensr. Preferred stock is entitled (from
»nd after July 1, 1890) to a cumulative preferential dividend of six per cent, per annum, pay-
able January and July out of the earnings of the company, before any payment is made on the
common stock, and also has priority over the common stock in the distribution of all property
and assets of the. corporation in case of liquidation or dissolution. The bonds are secured by
the deposit of 120,000 shares of the capital stock of the Union Stock Yard and Transft
Company under a deed of trust to the Central Trust Company of New York. Registrar of
stock and trustee of l>onds, The Central Trust Co., New York, N. Y. Directors : Chauncey
^1. Depew, New York. N. Y. ; John Quincy Adams. F. H. Prince, Boston, Mass. ; Edward j".

1126

POOR S MANUAL — MISCELLANEOUS CORPORATIONS.

Phelps, Burlington, Vt. ; William J. Sewell, Camden, N. J.; Frederick H. Winston, Chicago,
111. ; Hugh C. E. Childers. Francis Barron Blake, Bernard T. Bosanquet, Adolph Von Andre,
London, Eng. Officers : FREDERICK H. WINSTON, President; John Quincy Adams, Vice-
President ; William C. Lane, Secretary ; Thomas Sturgis, Treasurer. Advisory Committee
in New York: Chauncey M. Depew, Chairman; William J. Sewell, William C. Lane
(ex-officio), Frederick H. Prince. Executive Committee in London : Hugh C. E. Childers,
Chairman; Francis Barron Blake. Bernard T. Bosanquet, Adolph Von Andre. GENERAL
OFFFCE, 45 Broadway, New York, N. Y.

LEHIGH COAL AND NAVIGATION COMPANY.— Owns canal from Coal port to
Easton, Pa., 48 miles, and leases Delaware Division Canal, 60 miles. Also owns the Lehigh
and Susquehanna RR. and branches, aggregating 160.73 miles, and leases 31.76 miles of road,
making total owned and leased, 192.49 miles. All these lines are leased for 999 years from
1871 to the Central RR. Co. of New Jersey ; rental, 33 :\- per cent, of gross earnings with a
minimum annual rental of $1,800,000 for the first four years from January 1, 1892, and of
$1,916,667 thereafter. For details of mileage, history, etc., see page 677.

Revenue Account for 1891.

Revenue from Lehigh & Susquehanna RR. $1,775,914 64

Revenue from other Railroads 59,840 72

Revenue from Canals 38,161 99

Net Profit on Lehigh Coal Lands 158,837 67

Miscellaneous Receipts

General and Legal Expenses $59,633 03

Rental of Leased Properties 173,357 99

Taxes 98,907 24

Interest Account . . 815,326 39

Total Receipts $2,129,560 79 Total Payments $1,147,224 65

Net income for year, $982,336.14. Deduct for sinking fund, $96,789.79 ; depreciation
on coal improvements, $100,679.77 ; dividend ($1.25 per share on 285,917 shares paid May
25, 1891, $357,396.25, and $1.25 per share on 286,203 shares paid November 25, 1891, $357-
753.75), $715,150— total, $912,619.56. Balance, surplus for the year, $69,716.58.

Comparative statement of coal tonnage of the Lehigh and Susquehanna Railroad and
Lehigh Canal :

1891.

TONS.

1890.

TONS.

From the Wyoming Region ........ 2,938,534

From the Upper Lehigh Region.

Nescopec Branch ................ 542,161

From the Black Creek Region,

Driftori Branch .................. 541,038

From the Beaver Meadow Region,

ma N. V. RR ..................... 592,087

1891.

TONS.

3,309,093
475,829
448,061
632,312

1890.

TONS.

From the Mauch Chunk Region. . .1,269,650
From the L. V. RR. at Penn Haven

and other points 36,332

From the Schuylkill Region 2,579

1,281,603

47,924
1,229

Total , . .5,922,381 6,196,051

General Balance Sheet, Lehigh Coal and Navigation Co., January 1, 1891.

Lehigh and Susquehanna Railroad $14,997,068 91

Lehigh Navigation and Shipping Impfs. . 2,040,956 00

Coal Lands

Coal Improvements .

Panther Creek Railroad and Equipment. .

Lansford Shops and Equipment

Opened Work and Cut Coal, in Mines

5,202,008 77
1,882,486 02
460,605 73
89,033 73
583,750 92

Mining Equipment 336,483 19

* anded Property and Improvements 727,230 30

Canal Equipment 160,59137

Supplies on Hand at Mines 179,796 27

Coal on Hand 175,857 71

Securities Owned by Company 3,909,472 94

Bonds and Mortgages and Ground-Rents. . 18,763 68

Bills Receivable 30,134 42

Cash on Hand 103,36089

Balance Individual Ledger 9,931 38

Total Assets $30,907,532 23

Capital Stock $14,358,650 00

Loan due 1914 $5,000,000 00

Loan due 1897 (Gold) 4,652,500 00

Loan due 1897 (Railroad). . 2,000,000 00
Loan due 1911 (Con. Mtge.) 2,466,000 00
Scrip, redeemable in Con.

Mtge. Bonds 4,750 00

Loan due 1894 (Gold) 649,500 00

Greenwood Mtge. Bonds,

due 1892 643,00000

Loan due 1924 (Gen. Mtge.) 2,856,000 00

$18,271,750 00
Less Loans assumed by other

companies (see note) 3,459,500 00 —

Bills Payable.

Cent. RR. of N. J. Const'tion Loan Acct.
Ground Rents, Mortgages, and Dowers. . .
Int. and Divs. due Jan. 1, 1892, and arrears
Profit and Loss...

14,812,250 00
250,000 00
102,469 us
372,655 08

131,OJ<i si
880, l •

Total Liabilities $80,907,583 23

NOTE. — Loans assumed by other companies, $3,459,500 as above, consists of : Gold Loan 1897 assumed bv Cen-
tral RR. Co. of N. J., $2,310,000 ; Gold Loan 1897 assumed by Lehigh & Wilkesbarre Coal Co., $500,000 ; Gold Loan
1894 assumed by Lehigh & Wilkesbarre Coal Co., $649,500.

" A controlling interest in the Bangor Fidelity and the West Bangor Slate Companies was recently bough *
at a cost for the two properties of $71,414.38. Although a large amount of money was expended in the lasi
to develop these quarries, and to increase their production and improve their condition, they somewhat mor£
than paid all expenses, besides contributing a very considerable amount of business to the roads over whic"
their product is shipped, and there is every reason to expect that these quarries will be a source of considerabl*
direct revenue in the future.

" The mortgage on the Greenwood coal property, which oriirinally amounted to $830,000. but which was
reduced to $643,000, matured February 1, 1892, and was paid off, and a like amount of general mortgage l
cent, bonds sold to provide means for taking up the loan."

Annual meeting, fourth Tuesday in February.

POOR'S MANUAL — MISCELLANEOUS CORPORATIONS. 1127

Board of Managers (elected February 23, 1892) : Edward W. Clark, Francis R. Cope,
Thomas McKean, Charles Parrish, James M. Willcox, Edward Lewis, Edward S. Buckley,
Charlemagne Tower, Jr., Samuel Dickson, Edward B. Leisenring, Abrain S. Hewitt.
Officers: JOSEPH S. HARRIS, President; Solomon Shepherd, Secretary and Treasurer,
Philadelphia, Pa. PRINCIPAL OFFICE AND ADDRESS, 226 South Third Street, Phila-
delphia, Pa.

THE NORTH AMERICAN COMPANY.— Incorporated June 14, 1890, under the
laws of New Jersey, to acquire the assets and property of the Oregon and Transcontinental
Co., and also for the various objects named below :

1. To cause to be formed or promote or aid in any way in the formation of steam railway, street railway,
steamship or steamboat corporations, or of corporations for the purpose of producing or furnishing: electricity for
any purpose, or for the manufacturing of electrical machinery and apparatus and appliances of all kinds, and to
construct or promote or aid in any way in the construction or equipment of the railways, steamships, steamboats,
or plants of any such corporations and of any existing corporations.

•2. To construct, build, purchase, own, and operate, lease, sell, or dispose of works or property of any char-
acter connected with or of use to any such corporation as is referred to above.

3. To acquire, hold. own. and to invest, trade, and deal in stocks, bonds, securities, obligations, and con-
tracts. grants, concessions, and franchises of every kind, and to trade and deal in goods, wares, and merchandise
and real and personal property generallv.

4. To act as agents for corporations, firms, and individuals, States and municipalities, in the issue of their
stocks, bonds, securities, and obligations, and in the management and disposition of property of all kinds. To
make guarantees of every kind and description and to transact any mercantile and agency business.

5. To acquire, construct, maintain, and operate telegraph lines, telephone lines, water works, gas works, and

oil works, manufactories of electrical machinery and apparatus and appliances of all kinds, and to produce, pro-
vide, furnish, and maintain electricity and the' application thereof fo
maintain, and operate public and private works of all kinds.

6. To carry on the business of mining coal, iron, gold, silver, copper, and other minerals or ores, and the
working, smelting, refining, manufacturing, and selling thereof.

7. To lease railways, including street railways, and to maintain and operate the same by the use of steam,
electric, and other power, and to own, maintain, and operate boats and vessels of all kinds, and to carry on the
business of transporting freight and passengers by land or water.

8. To borrow or raise money to any amount by the issue or sale of bonds, notes, or debentures of the com-
pany, or in any other manner, and to invest and use the money so obtained in securities, or investments of the
kind and character hereinbefore specified, or for any of the purposes hereinbefore enumerated.

9. To do all and everything necessary, suitable, or proper for the accomplishment of any of the purposes or
the attainment of any of the objects above enumerated, either alone or in association with other corporations or
firms or individuals.

The contract between this company and the Oregon and Transcontinental Co., by which
this company acquired the Transcontinental Co.'s property, provided, in substance, for the
exchange of the shares of the capital stock of this company for the shares of the capital
stock of the Oregon and Transcontinental Company, share for share. The Farmers' Loan
and Trust Company was designated as the depository of the shares of the stock of the Oregon
and Transcontinental Company, for the purpose of exchange ; and under the provisions of
the contract the North American Company became obligated to accept the assets and prop-
erty of the Oregon and Transcontinental Company as soon as 280,000 shares of the stock of
the latter company had been depor-ited for exchange. On August 13, 1890, more than the
requisite number of shares having been deposited, this company assumed control of the
Oregon and Transcontinental Company's property.

MILWAUKEE STREET RAILWAY AND ELECTRIC LIGHT ENTERPRISES. — Shortly after its
organization the company purchased the capital stock, property and franchises of the Cream
City RR. Co., the Milwaukee City Ry, Co., the Badger Illuminating Co., t^e Edis:u Electric
Illuminating Co. of Milwaukee, and the Milwaukee Electric Light Co., and consolidated
these properties into a new corporation, the Milwaukee Street Ry. Co. of Wisconsin; and,
for the purpose of unifying the stock ownership of all these companies, the Milwaukee
Street Ry. Co. of New Jersey was organized with a capital stock of $5,000,000.

Exclusive licenses and patent privileges were acquired from the Edison companies for
the operation of electric railways and the furnishing of electric light and power for Milwau-
kee and the adjacent districts, and also city ordnances granting franchises covering all the
important streets and points in the city.

During the past year the company contracted for the remaining street railway lines in
operation in Milwaukee, including the West Side Street Railway, so that the Milwaukee
Street Ry. Co. and this company together now own and control the entire street railway
system of the city, embracing more than 100 miles of track. The railways last referred to
are still operated independently, but it is intended to consolidate them into the same organ-
ization with those first purchased. During the year the company has been engaged in the
work of substituting electricity for animal power on its railways, and constructing the
Central Station plant under construction contracts with the Edison General Electric Com-
pany, and in developing and equipping the entire railway and electric lighting system, and it
is believed that the work as now planned will be completed by October 1, 1892. The entire
railway system of the company when completed will comprise not less than 140 miles of
track.

The company does all the street lighting for the city, under a contract entered into in
November, 1891, and to run for four years. It now has about 1,500 arc lights and over 13,-

1128 POOR'S MANUAL — MISCELLANEOUS CORPORATIONS.

000 incandescent lamps in service, and in the business of supplying electric power for indus-
trial purposes lias iu use by customers power representing the equivalent of over 3,000 six-
teen candle power incandescent lamps.

The investment, of the company in Milwaukee is represented by the consolidated mort-
gage 5 per c^nt. gold bonds and capital stock of the Milwaukee Street Hail way Companies.

Arrangmenta have been made whereby the remaining payments for the completion of
the electric construction upon the Milwaukee system may be made at the option of this com-
pany in the bonds of the Milwaukee Street Ky. Co. at 90 per cent, of their par value and
accrued interest.

THE CINCINNATI ELECTRIC LIGHT ENTERPRISE .— The Cincinnati Edison Electric Com-
pany was organized under the laws of the State of Obio by a syndicate of foreign and do-
mestic capital, of which the North American Company is a member and the representative,
with a capital stock of $1,000,000, for the purpose of 'establishing an extensive central sta-
tion electric plant and of securing a large electric lighting business in the city of Cincinnati
and its suburbs.

Tbe entire work of establishing this plant was placed under contract with the Edison
General Electric Company. The whole system will be completed before December 1, 1^92.
The company purchased a desirable site" and has erected a substantial building thereon.
The entire underground system is completed, * part of the plant is already in operation, and
practically nothing but additional electric apparatus remains to be furnished.

Early in June, 1892, the company secured the contract for the public lighting of the en-
tire city of Cincinnati for eleven years. This contract carries with it also a franchise for
commercial lighting for the term of twenty years, which covers the corporate limits of the
city as now fixed, or as they may be extended during the life of the franchise.

The North American Company has also recently acquired the entire capital stock of the
Queen City Electric Company of Cincinnati, having a well-established incandescent lighting
and electric power pusiness, which at present earns net about 15 per cent. U|>'-n the purchase
price.

PROPOSED SUBSTITUTION OF ELECTRICITY AS A MOTIVE POWER ON STANDARD Ft AIL-
ROADS. — Theoretical and practical investigation has been made, under the auspices of the North
American Company during the past year, into the practicability of substituting electricity as
a motive power for the propulsion of passenger and freight trains on ordinary standard rail-
roads. Practical experiments with electric locomotives will be undertaken during the cur-
r^nt fiscal year. For that purpose the company has secured the co-oneration of the General
Electric Company, recently organized by the consolidation of the Edison General Electric
and the Thomson-Houston Companies, and of the General Electricity Co. of Berlin, Ger-
many. The North American Co. will have the exclusive right of exploiting the surface sys-
tem in this country.

Income Account for year ending May 31, 1892. — Cash received from interest, dividends,
commissions, and all other sources, $418,119.55. Payments for interest on loans, $220,538.-
63 ; all expenses of administration, including taxes, $51,707.39 — total, $271,248.02. Net cash
income, $146,873.53.

Treasurer's Statement, May 31, 1892.

.'ASSETS.

Stocks :

$7,450,200 Northern Pacific Common (ti, Iflf „ $1.471,414.50

533,000 Chicago and Northern Pacific (ft 16 " 85.280.00

32.500 Wisconsin Central Preferred @ 30 9,750.00

216,200 Edison Geiural Electric @ 111 239,982.00

'.)(). 100 St. Paul Edison Electric Co. © 140 126.140.00

2,8S7,000 Milwaukee Street Ry. Co. @ 25 721.750.00

333,300 Cincinnati Edison Electric Co. and Queen City Electric Co. © 100 333,300.00— $2,987.01 li. 50

Bon (7* :

SB04.000 Northern Pacific Consols @, 77 $4*15,080.00

276,000 Chicago and Northern Pacific Ists @ 78 J- '216,<!60.00

45,333 Wisconsin Central Incomes @ 30 13.60i i . i >< i

3,276,000 Milwaukee Street Railway 5s @ 90 2.9-K KM. no

(i'.M),000' Minneapolis, Lyndale and Minnetonka Street Railway 5s (Tf- 85 594.J5V|00

145,000 Cicem and Proviso Railway (is @> 90 1. •!(».. -)()>.()()- $4,3'^

West Side Street Railway. Milwaukee. 'Cash paid on Purchase Contract 301 .:

Milwaukee Street Railway Company, Current Advances on Construction Account (i-.'ti.

Secured Accounts < $316,7'2 1.65 since paid off)

Bills Receivable ($36,000 since paid off) 1 75,

Miscellaneous Securities

Advances under contract with Thomas A. Edison and Edison General Electrical Company for

Electric Railway Inventions. Patents and Appliances ' .VJ. :

Interest and Dividend Account, bal-ince

Cash in Banks and Trust Companies _ (.irj.>

Total ~$T<vn v

LIABILITIES.
Bills Payable, Time Loans amply secured (since reduced by payment of $130,529.43). .$2,808,168.50

Accounts Payable 3*

Net Assets... I.6H0.85

POOR'S MANUAL— MISCELLANEOUS CORPORATIONS. 1129

foment.— Capital stock (authorized, $50.000,000) outstanding, $ 40,000,000 ;
pur value, SlOO per share. Registrar of stock, the Fanners' Loan and Trust Co., New York,
X. Y. Stock is listed on the Xew York Stock Exchange.

Annual meeting, third Wednesday in June.

Ptrecfor* (elected June 15, 1892'.: Henry Villa rd, Thomas F. Oakep, C. W. Wetmore, Silas
W. Hurt. J. Hobart Herrick, Charles A. Spofford, New York City; Geo. S. Jones, Orange,
X. J.: I). S. Weirir. Chi<-airo. 111.; Henry C. Payne, Milwaukee, Wis.

Otti- iiY V-ij.Aun. Pi'txident; Geo. S.Jones, Vi66~Jtre*id«nt; \V. W. Willard,

-P/vxi'i'-nt; Edward ttdea, Secretary and Treasurer. GENERAL OFFICES, Mills Build -
inir. Xew York City, and Prudential Building, Newark, X'. J.

NORTHERN PACIFIC TERMINAL COMPANY OF OREGON.— Incorporated
August 58. 1882. under the laws of the State of Oregon ; acquired lands and terminal facil-
ities on the Willamette River at Portland, East Portland, and Albina, which have been
leaded for 50 years from January 1. 1883, to the Xorthern Pacific RR. Co., the Oregon Rail-
way and Navigation Co. (now leased to the Oregon Short Line and Utah Xorthern Ry. Co.),
and the Oregon and California RR. Co. (ii"W leased to the Southern Pacific Co.), jointly, at a
guaranteed rental sufficient to pay interest, sinking fund, and taxes, the rental to be paid in
proportion to the use of the property by the respective companies. The property on both
sides of the Willamette River comprises : Real estate, 270.49 acres ; trackage, 24 miles ;
buildings, 39; dock frontage, 7.904 feet. Financial *t<'(temf/tt. — Capital stock, x3, 000. COO ;
funded debt (1st mortgage 6 per cent. 50-year gold bonds, due January 1, 1933, interest
payable January and July, at office of Winslow, Lanier & Co.. X'ew York. X. Y.), $3,-
000,000. Thri sinking fund begins in 1893. and will be sufficient to retire the bonds at
maturity ; or the bonds may be drawn at 110 and interest. The stock is held in trust
by the "Central Trust Co. of' New York for the benefit of the lessees, to be delivered to
them on the retirement of the bonds to the amount paid bv each into the sinking fund.
Directors: Henry Failing, K. Koehler. C. A. Dolph, H. W. Corbrtt. E. McNe;Il, G. W. Dick-
inson, James "R. Williams, C. P. Huntington. one vacancy. Officers: HENRY FAILING, Pres-
ident. Portland, Ore.; James B. Williams, Vice-Presi'l.ciif, Xew York, N. Y. ; Joseph Simon,
Secretary. Portland, Ore.; Geo. H. Earl. Assistant Secretary, Ne\v York, N1. Y. : E. L. Brown,
Comptroller <inrt Tn "*>//•> r. Portland, Ore. : E. Lyons, Manager. Portland, Ore. CORPORATE
OFFICE, H and West Park Streets, Portland, Ore.*; New York Office, Mills Building, 35 Wall
Street.

OREGON IMPROVEMENT COMPANY.— The properties of this company are
divided into four general classes : the steamship, the coal, the railroad, and the real estate
and miscellaneous properties.

The steamship property embraces the lines of the Pacific Coast Steamship Co., a Cali-
fornia corporation, all of the stock of which is owned by this company. It operates five
steamship lines : The Puget Sound route, from San Francis o to Victoria. Port Moody,
Port Townsend, Seat'le, and Tacoma ; the Alaska route, from Portland to Sitka and other
Alaskan ports ; the Oregon route, from San Francisco to Portland ; the California northern
coast route, from San Francisco to Point Arenas, Coffee's Cove, Whltesboro', Little
River, Mendocino City, and Fort Bragg ; and the California southern coast route, from San
Francisco to San Diego, including 29 intermediate landings. In its coastwise traffic the com-
pany employs 15 steamships.

The railroad property embraces the Columbia and Puget Sound RR., a narrow gauge
road extending from Seattle to Franklin, Wash., with branches and spurs aggregating 57
miles in length, and including a coal wharf, dock, and real estate in Seattle ; the Pacific Coast
Ry., also a narrow gauge road, extending from Port Harford to Los Olivos, CaL, about 80
mile?, including extensive wharves at Port Harford; the Seattle and Northern Railway
(standard irautrei. extend ng from Shannon's Point (terminus) in Anacortes to Hamilton. 36
miles, and including large real estate interests in the city of Anacortes ; the Port Townsend
Southern Railroad (standard gauge), from Port Townsend to Quilcer.e. 28 miles, and from
Tenino to Butler's Cove, in Olympia, 18 miles. The entire capital stock ($1,000,000) of the
Columbia and Puget Sound RR. Co. is owned by the Oregon Improvement Co. The Im-
provement Co. owns the whole capital stock, $1,370,400, of the Pacific Coast Ry. Co., und
the whole issue of si, 870.000 first mortgage bonds.

Embraced under the head of coal propertit* are the Xew Castle Coal Fields, 1.320 acres,
located about 2 miles from the shore of Lake Washington, and 2'2 miles from Seattle, Wa>h.
Ter. ; the Green Kiv^r Coal Fields, 1,248 acres, situated about 34 miles southeast of Startle ;
the WilkesonCoal Fields, 1.120 acres, about 31 miles east of Xew Tacoma — all the:-e lying
among the foot-hills between the Cascade Mountain and Pnget Sound ; one steam collier
for transportation of coal from Seattle ro Portland and San Francisco

The real estate and iiiiscdlaneoi.i.8 properties comprise the Beale Street Wharf property
and the dock property formerly owned by the Union Lumber Co. in San Francisco ; the town
«te of Prescott ; two flumes, one terminating at Dayton, the other at Milton, on the Oregon

1130

POOR'S MANUAL — MISCELLANEOUS CORPORATIONS.

Ry. and Navigation Company's road ; also 5,620 acres of timber lands at the heads of the
flumes ; and about 3,120 lucres of farm lands located in the Grand Ronde Valley, Oregon.

Operations for year ending November 30, 1891, of the several departments of the
company :

DEPARTMENTS.

j+

Gross Earnings.

Expenses.

Net Earnings.

Steamship Department-
Pacific Coast Steamship Co. —
Owned Vessels

$
1 136 114 13

962 082 69

174 031 44

Oregon Improvement Co.'s Vessels

1,689,725 46

1 356 822 83

332 902 63

Steam Collier and Steamship

206,140 97

166,710 06

39 430 91

Railroad Department —
Pacific Coast Railway

193,957 29

102,057 91

91 899 38

Colorado and Puget Sound Railroad

383 043 91

206 804 20

126 239 71

Seattle and Northern . .

62,306 96

37,638 19

24 668 77

Port Town send Southern /

9 784 86

12 404 05

Loss 2 619 19

Olympia and Chehalis Valley . f

28,216 49

19,449 70

8,766 79

Coal Department

598,345 16

509,498 40

88,846 76

Real Estate and Miscellaneous —
Lands and Flumes ....

15,632 82

10,664 47

4,968 35

Lumber Yards

5,321 43

3,878 85

1,442 58

Bark "Henry Buck"

2,558 54

2,090 81

467 73

Rents San Francisco . .

19 812 35

1.359 06

18 453 29

General Expenses and Taxes

79,808 66

Loss 79,808 66

Total 1891

4,300,960 37

3 471,269 88

829 690 49

Total 1890 .. .

4,407,820 58

3,703,076 80

704.743 78

Net earnings (as above), $829,690.49. Add interest received, $14,356.59— total available
revenue, $844,047.08. Payments : Interest on bonds (1st mortgage, $263,400 ; consolidated
mortgage, $'253,793.08), $517,193.08 ; sinking fund, $50,000 ; interest on cancelled 1st mort-
gage bonds in sinking fund, $36,600 ; interest and discount, $37,836.16 ; receivership ex-
penses, $75,488.03; interest allowed on preferred stock exchanged for bonds, $22,019.30—
total, $679,136.57. Balance, surplus for year, $164,910.51.

The interest on the bonds cancelled by the sinking fund is paid to the sinking fund the
same as though they were not cancelled.

Funded Debt consisted November 30, 1891, of $4,369,000 1st mortgage (on all the com-
pany's property) 6 per cent. 30-year sinking fund bonds, due December 1, 1910, interest June
and December, of which $631,000 have been retired by the sinking fund ; $6,468,000 consoli-
dated mortgage 5 per cent. 50-year $1,000 bonds, due October 1, 1939, interest April and
October ; trustee, Farmers' Loan and Trust Co., New York City.

Extracts from the company's report for 1891 :

" The first mortgage interest, due and payable December 1, 1890, upon which the com-
pany defaulted, was paid March 1, 1891, and the interest on the first mortgage bonds has
since been paid promptly when due, as well as the interest on the new consolidated mort-
gage bonds. The provisions of the first mortgage sinking fund iiave also been fully satis-
fied, and this has enabled the trustees to retire $205.000 first mortgage bonds since November
30, 1889.

"Of the $2,000,000 preferred stock outstanding- November 30, 1889, all but $827,800
has been exchanged for the consolidated mortgage bonds. The privilege of exchange termi-
nated May 15, 1891.

" The authorized issue ($15,000,000) of consolidated mortgage bonds was made for the
following purposes : $4,514,000, for redemption of outstanding first mortgage bonds ; $2,000,-
000, for exchange at par for outstanding preferred stock ; $2,000,000, for delivery to company
on demand ; and $6,486,000, for acquisition of new property— total, $15,000,000.

" The company has complied with the first provision by depositing $4 514,000 consoli-
dated mortgage bonds with the Farmers' Loan and Trust Co., tru:4ee. The second provision
has been complied with to the extent of $1,672,000 bonds, delivered by the trustee fora like
amount of preferred stock cancelled. In addition to the amount delivered by the trustee, it
was necessary for the company to supply $36,000 bonds, under the terms of exchange with
the preferred stockholders. The $2,000,000 bonds referred to in the third provision have
been received, and the proceeds applied in the extinguishment of the floating debt, which
existed at the time of the appointment of the receiver. Of the $6,486,000 mentioned in the
fourth provision, there heve been received $1,025,000 in bonds on account of expenditures
for ships, and $1,856.000 in bonds for construction. Total received, $6,553,000 bonds, of
which there is a balance in the hands of the treasurer unused of $85,000 and $260,000 bonds,
which the company received in exchange for preferred stock, making a total of $345,000 in
the treasury of the company."

POOR'S MANUAL — MISCELLANEOUS CORPORATIONS.

1131

r •' Bonds for the sinking fund may be purchased by the trustee at any time during the calendar year at 106
flat • if the money in the sinking fund is not absorbed by such purchases, then the bonds can be drawn on Jan-
uary 1 of each year, at par flat, but interest on such drawn bonds does not cease until June 1 following the date
of the drawing."

General Balance Sheet, November 30, 1891.

A

. $7,000,000 00

Oregon Improvement Co $8 948 767 79

Preferred Capital Stock

327,800 00

First Mortgage Bonds

4,369,000 00

Consolidated Mortgage Bonds

. . 6,468,000 00

Accounts Payable

314,903 32

O. I. Co. Consol. Mtg. B'ds.. 258,20000— 263,08250
Pac. Slope Iron & S. Co. Stock. 1,000 00
Seattle Coal & Trans. Co. St'k. 676,059 00

Due from Constituent Companies
Seattle & No. Ry. Co $60,225
Pac. Coast Steamship Co 101,267

161,49349
61
88

P't Townsend So. RR. Co St'k. 1,323,461 86
Columbia & Pnget Sound RR.
Co. Stock. .... 978,025 68

Profit and Loss
Seattle Coal & Trans. Co 399,889
Oregon Imp. Co. Debit 204,411

195,478 19
64
45

Pacific Coast Ry. Co. Stock and
Bonds 2,068,533 19

Accrued Int. & Unpaid Coup.—

55,199 75

Pac. Coast Steamship Co. St'k. 1,931,959 00
Sacramento Coal Co. Stock. . . . 4,500 00
Due from Constituent Cos :
Pacific Coast Rv. Co 168,361 1 1

Accrued Interest on Consol.
Mtg. Bonds 53,900
First Mtg. Coupons Unpaid. 133.020
Consol Mtg. Coup. Unpaid . . 155,300

00
00
00

Col'bia & Puget S'd RR. Co. 252 992 63
P't Townsend So. RR. Co... 149,872 T6

342,220

00

Notes Receivable 278,761 11
Cash, New York 24,347 02
.. Qoatrlp 4Q 670 00

Loan & Trust Co. to pay
above Coupons 287,020

25

" San Francisco 92.951 62

Income used for Sinking Fund

183,85000

445,730 65
Less, Notes Payable 150,000 00
095 730 65

Trustee Sinkin^ Fund 37 336 28

Lumber Yards on line of Pac. Coast Ry . . 21,193 33
Accounts Receivable —
Coal Bills, San Francisco.. . . 280,&32 66
Portland 44,88666
Seattle 31,07394
" Astoria 3,03090
Land & Note Contracts 17,269 05
Companies and Individuals.. 33,418 63

Materials & Supplies on Ha'd— 21,'o83 78
Coal Stock, San Francisco . . 121,887 87
Portland 9,299 43
Seattle 19,844 56

" Astoria 1,752 77
Dayton Wood Account 13,443 98
Rail and Fastenings 104.270 14
Live St'k & Vehicles, San F . . 7,168 50
Mines & Bldgs .... 14,48225
Davton Flume . 11,287 01

Mdse. Franklin Agency. . . . 46,380 48
New Castle Agency 36,205 44— 386,022 43

Total Assets ... . . A 19,075.724 75

Total Liabilities . .

. 19.075,724 75

The above includes accounts of the Seattle Coal and Transportation Company, and the Franklin Coal Com
pany. all the stock of which is owned by the Oregon Improvement Company.

Seattle and Northern Railway :

" This road, although track was laid to Lyman, a distance of 30 miles from Anacortes, in July, 1890, was not
regularly operated until end of November, 1890. and as the road remained in the hands of the construction depart-
ment the net earnings, amounting to $4,943.88, were credited to construction. The track this yejir was laid from
Lyraan to Hamilton, 6 miles, 1.363 feet, being completed January 26. 1891. and ready for operaiio i February 1,
1891. The operation this year includes 2 months over about 30 miles and 10 months over 36 miles."

Lands. — The original donations of land for the construction of the railroad was 2.370.42 acres ; there has
been purchased for $131,099.56, 259.40 acres : subsequent donations. 65 acres — total donated and bought, 2,691.82
acres. Letts Sold to Northern Pacific RR. Co., 176,865 acres ; donated to Northern Pacific RR. Co., 15,800 acres ;
lands donated but not earned under condition of contract, and also lands to which parties donating had no title,
459.77 acres— total, 658.435 acres. Balance, 2.039.385 acres. Of this there has been platted into lots in the town-
site of Anacortes, 540.24 acres — balance of acreage on hand, 1,499.145 acres.

Port Townsend Southern Railroad :

This road consists of three pieces of track, aggregating 46.01 miles : From Port Townsend to Quilcene. 28.45
miles ; the line purchased from the Olympia and Chehalis Valley RR. Co., from Tenino, on the N. P. RR.t to
Olympia, 14.8 miles ; and from Olympia to deep water at Butler's Cove, 2.76 miles. Rail, 31, 40, and 56 lb?., steel.

" At the end of last year there was 20 miles of track laid on the Port Townsend end. and the additional
8.45 miles partially graded.

" On the Olympia end 14.8 miles was completed from Tenino to Olympia and turned over to the company
September 11, 1890 (except the turntable and station building) and 2.76 miles was partially graded and bridged.

" It was necessary to eomplete the unfinished line at both ends to get business, to save deterioriation, and to
comply with the terms of the land subsidy at Port Townsend requiring 25 miles to be built between July 1, 1890,
and July 1,1891."

1132

POOR'S MANUAL — MISCELLANEOUS CORPORATIONS.

une, : . . 'aruc, . . ary, ew or, . .; . .

.; C. A. Dolph, Win. M. Ladd, Henry Failing, Joseph Simon, C. H.
ne. Portland. Ore.: M. V. B. Kdgerly, Springfield, Mass.; C. J. Smith,
rs: W. II. STABBTJCK, President, 22 William St., New York, N. Y. :

Port Townsend Line :

" The rails on the line were laid a distance of 20 mile?. July 1, 1890, but the line remained in the hand- of
construction department, during the year 1890 and its earnings were credited to construction account. During
the past year 20 miles were operated to July 1, 1891, and from July 1 to November 30, 1891, 28.5 miles.

In February, 1891, $4,000,000 consols were offered to stockholders at 70. In April, 1891,
the company gave notice that it was prepared to receive its preferred stock in exchange for
consolidated mortgage 5 per cent, bonds on the basis of 105 and accrued dividend for its pre-
ferred stock, and 90 and accrued interest for the consolidated mortgage bonds.

Annual meeting, third Mondny in June. Interest payable at office of the company, New
York, N. Y. Stock and bonds listed on New York Stock Exchange.

Directors (elected June, 1891) : W. H. S'arbuck, E. V. Cary, New York, N. Y.; F. H.
Prince, Boston, Mass.
Lewis, Jonathan Bourne.
Seattle, Wash. Officers

C. A. Dolph, Vice- President, Portland, Ore.; C. B. Tedcastle, Treasure)' </ti<l Tr<nt*f< >'
Agent, New York, N. Y.; VV. T. Wallace. Mcrefrtry, Portland, Ope.; C. J. Smith, Gei« mi
Manager, Seattle, Wash. PRINCIPAL AND TKANSFEK OFFICES, 22 William Street, New
York, N. Y.

PACIFIC MAIL STEAMSHIP COMPANY.— Operations for year ending April 30,
1892.— Earnings— passenger, $1,038,308.27 ; freight, $3,093,110.80— total, $4,131.419.07. Ex-
penses—transportation. $3,037,156.19. Net earnings, $1,094,2(52.88. Add other receipts :
Central American and Mexican subsidies, $103,000; interest and dividends on investments,
$25,729.50; exchange, $92,112.00; miscellaneous. $46,195.08; hteamer "City of Rio de
Janeiro," collision, $2,070.41 ; tug "Milieu Griffith," $4,032.25: charter steamer " C'o>ta
Rica," $4,703.96— total. $277,843.80. Available revenue, $1.372,106.68. Other expenditures :
Agencies (Aspinwall. $31,589.36; Panama, $104,402.24; Acapulco, $24,792.77; San Fran-
cisco, $51,965.12; Townsend Street Wharf, $59,317.37 ; Yokohama, $11,394.98; Hong Korg,
$15,994.83 ; Pier at Canal Street, New York, N. Y., $64.079.75), $863,536.42 ; steamer "City
of Para," $11,799.49; steamer "Newport," $16,801.55; steamer "Colon," $30.683.63;
steamer " Starbuck," $51,522.22; steamer " China," $8,832.88 ; steamer "Crescent City,"
laid up and voyage to San Francisco, $9,969.75 ; general expenses, $19,243.71 : borne ex-
penses, $63,597.39 ; legal expenses, $31,435.55 ; interest, $3,996.21 ; advertising $13,688.04;
short anddamaged freight, $17,927.06 ; Aspinwall wharf repairs, $7,865.08— total, $650,898.1)8.
Balance, surplus, $721,207.70.

Statement in detail of earnings, etc., for the year ending April 30, 1892 :

EARNINGS.

Net

Passenger.

Freight.

Total.

Earning.

Atlantic Line . ...

134,493 36

3
550,377 06

1

684.870 42

$

539,889 97

$
144,980 45

Panama Line
Trans-Pacific Line

480.740 58
423,074 33

1,882.87244
659,861 30

2.3H8.H13 02
1,082,935 63

1,748,505 64
748,760 58

615.10738
334,175 05.

Total

1,038,808 27

3,093,11080

4,181,419 07

8,087.I.V, If*

1,094,26288

General Balance Sheet, April 30, 1885.

Construction Accounts $11 ,543,081 28 Capital Stock

Real Estate and Improvements 1,079,513 36 Unpaid Bills

. $20.000.000 O
. 94.091 I

Coal on Hand and in Transit
applies

297,204 94
14H.31W 74

,,

Coal Freight 21 .917 5

Agents' balances

Materials, etc 38,458 56 Sir John Pirie & Co., and Others' '.'.'.'.'..'. 11

Cash and Sundry Assets 613.440 58 Due Other Steamship Companies 12.9K2

Other Accounts...

99.554 4s Passage Orders and Panama Drafts

Profit and Loss 6,529,596 34 I Other Accounts and Liabilities

Total Assets . . .$20,349,842 28 ' Total Liabilities

s-jn.r-U1.' -

The above balance sheet is the latest received from the company. The total cash
April 30, 1*92, were $775,871.17, and liabilities, $637,739.52. In addition to ihiathere N
from the Central American and Mexican Governments, .$69,072.89, under the contract-
carrying mails.

'Dividend*.— This company paid its first dividend on May 12, 1856, and its forty-tiffbtu
on November 1, 1885. (For detailed statement of dividends paid by the company, a^e MAN-
UAL for 1889, page 996.) Dividend No. 49 was paid February 1, 1886— rate, 1J per cent.; and
dividend No. 50 on September 15, 1887 — rate, 1 per cent.

POORS MANUAL^-MISCFLLANEOUS CORPORATIONS.

1133

Statement of steamers owned and operated by the com;

- .mer.

Tonnage.

Steamer.

Tonnage

Steamer.

Tonnage.

5 079

• \capulro "

• Xt-\vj)orr "

2 735

3 019

• Starbuck "'

0 157

' San Jo«e "

• China "

4.939

• San Juan "

' Barracoota "

1 659

• San I

•nbia v

&616

, ,f Pan "

'

2,016

•Peru ".

3.616

"Colima" ...

2,905

• Costa Rica "

1.700

Dirfctora (elected May 2~>. ' - :lis P. Hantintrton. Henry Hart. Isaac E. Gates,

Calvin S. Briee. Samuel Thorn AS, Jay Gould, Russell Sage, George j". Gould, J. B. Hous-nn.
New York, N. Y. Officers: GEORGE J. GOULD, President ; J. B. Houston. ndent ;

William H. Lane. ; ; Jos. Hellen. Tr- ••i*ur?r ; H. J. BulUy, General Superintendent,

New York, N. Y. PRINCIPAL OFFICE. Mills Building, New York, X. Y.

PULLMAN'S PALACE CAR COMPANY, — This company was organized under tbe
laws of Illinois. February 22. 1*67. It is engaged in the sleeping and parlor car business :
also, in manufacturing all kinds of railway cars. The number of cars employed in the ser-
vice is 2,230. °f which 1,965 are standard, ard '274 t >urist or second class cars. Its business
extends over about 124.557 miles of the principal railroads throughout the United Slates,
C'ana-ia. and Mexico ; also to some extent in Europe. The number of persons carried during
the year was 5.310,813. ..'I.' be number of miles run by cars was 186.829,^36.

fnconu Account for year ending July 31, 1891. — Gross ea-uintrs. *7.S?1.146.07: patents
$19.501.79; manufacturing' and other profits. 1,881.676.80— total. \ .466. Operating

expenses, including general taxes, legal expenses, insurance, etc., $8,568,680.89; proportion of
operating and maintenance of other sleeping car associations, $1,008,3*24.41 — total expenses.
S4. 578. 005. 30. Net earnings. $5,194,319.36. Payments from net earnings : Interest on
debenture bonds, *65,6oO ; dividends on stock. 82,000,000 ; repairs of cars in excess of
mileage, $139, 495. 88— total. s-2.2iVi.ii95.Ss. Surplus, income account. $2,989,223.4$.

Statement of income and general accounts for eight years :

1884 1885

1886 1887 1888 1889

1890 1891

S
4.45rt.457
1,716,943

8
5.613.629

-
3.623.512
2.9-25,803

3.260.7U2

7,509.754
5,561,983

3.991,685!

«

8.860.961
4.397.230

$

4.578,005

Operating Expenses

Net Earning?
Coupon Interest

2.739.514
171,466

1.339.631

15.924.800
2.269.500

441.370

' 7.533.712

2.793.440
1.2731968.
15.9-25.000
441.370
8.491.577

2.697.709

2.220.000
441,370
1.041.536
9.164.549

3.180.289
159,150

1,274.176

1.775.000
441,370
613,348

8.957.772'

132.450
1.310.S90

1.775.CHN)
441.370

4.311. till

25.000.000
820.000
441,370

4.5^3.731
65.600
2,000,000;

25.000.000

820.000
441.370

5.194.320
65.600
2.000,000

25,000,000

441.370

Dividend* on Stock

Capital Stock

Funded Debt

Old Cars. etc.. sold
Bal. of Account?. A Bills...
Surplu*

12.552.3f3

24.521.322

16.752.145

19.393.306

Total Liabilities

26.169.3S2
11.326.338
512.3M3
134.633

671.573
3.339.08.)
2^30,0$

392.676
6.434.-»29

28.466.426

500. 100
187,133

1.771.25S
' 6.5*4'. 523

ll'.436'.979
500.101

2.242.366

29.349.669
10.9fr3.545
633.43?
91,738

107.137
1. 014.1 r?3

3.316.284

34.641,663
631 .(500
110.633'

7.'215.'63S

40.7S2.092
16.7:35.123
644. v60
98.837;
112.333
993,879]

8.347.303

1.418.289

3.1"57.>.V5
356.064

43.013.515
17.20il.113

99.130
112.577
993.024
5.259.205

2.200.000
306,168

45.654.676
19.773.463

99,873

5.116.091

2,8^6,762

7,306.092

Cars & Equipment, cost.. . .
Car Wks at Detroit, etc
Patents

Furniture and Fixtures
Real E*t. A Bld'gs. Chic...
Invested in Car As?-"tions. . .
Materials and Supplies
Bal. of Acc'ts. Bills, etc ....
R.E-t. & Plant. Pullman. Ill
Demand Jk Time Loans
Stocks and Bonds-
Cash on hand .

•3.6:32.211

6.961.772

301.722

2.7v».i34

1.903.110

l?9.6i)4

2.463.596

3.374.184
554.292

Total As-e-- 26.169.3*2 2*.4»> 349.669 34.641,663 4".7v>.6,'2 43.013.515 45.654.676

Annual meeting held in Chicago first Thursday after second Saturday in October. Books
close for annual meeting ten days prior thereto. Dividends payable on the 15th of February,
May, August, and November. Stock listed on Xew York Stock Exchange. Stocks and bonds
also dealt in at Boston and Chicago Stock Exchanges.

The capital stock was increase 1 to its present amount on March 4, 1889.

During the fiscal year ending July :)1, 1^1)1, new c--»nt:-acts were made with the follow-
ing railroad companies : Monterey and Mexican Gulf KR. Co., for fifteen years : Chicago.
Peoria and St. Louis Ry., and Jacksonville. Louisville and St. Louis Ry. Co. (Jacksonville

1134

POORS MANUAL — MISCELLANEOUS CORPORATIONS.

Southeastern Line), for twenty-five year?. The contract with the Illinois Central RR. Co.
has been extended for 25 years.

There have been built and placed in service during the year, 191 sleeping, parlor, din-
ing, and special cars, costing $16,125.04 each, or an aggregate of $3,079,693.62.

There are now under construction, at the company's works, 51 cars, the estimated cost
of which is $841,500.

There has been expended during the fiscal year for additions to the company's shops and
plant, the sum of $127,341.41. The total number of persons in the employ of the company in
its manufacturing and operating departments is 13,885; wages paid during the year, $6,-
249,891.65.

General Balance Sheet, July 31, 1891.

Cars (1269), Equipments, Franchises $19,773,462 88

Invested in other Car Ass'ns cont'd, etc.. 5,116,091 16

Real Estate and Plant at Pullman, 111 7,306,091 76

Other Real Estate and Plants 1,778,058 32

Lumber, Material, and Supplies 4,663,489 12

Patents 99,373 61

Furniture and Fixtures in the several

Offices of the Company 112,871 63

Stock in Union Foundry and

Pullman Car Wheel Works. $437,500 00

Other Stocks and Bonds 2,936,684 59

Cash 554,291 83-3,928,476 42

Car Lease Warrants 2,671,17972

Miscellaneous 205,582 08

Total Assets .$45,654,676 70

Capital Stock (par, $100) $25,000,000 00

Outstanding Bonds 820,000 00

Sale of old Cars, leased fin Cen. Trans. Co. 441,370 49
Surplus — Invested in Assets

of the Company $19,997,135 58

Losses, Depreciation, etc.

(see note) 603,829 37—19,393,306 21

(The surplus, $19,393,306 21, is embraced
in the following accounts : Deprecia-
tion account [franchises, patents, etc.],
$1,100,000 ; Contingency reserve, $713,-
940 ; income account, $17,579,366.21.)

Total Liabilities $45,654,676 70

NOTE.— Losses, depreciation, etc., $603,829.37, as above, consists of : Loss on cars sold or destroyed, $201,-
534.92; loss on cars burned in St. Louis shops, Feb. 5. 1891, $.^6,263,10 : depreciation on cars transferred from
" Cars arid Equipments" account, $4,071.53 ; balance of account for rebuilding and remodelling cars, $58,650 ;
loss on account of fire in hammer shop at Pullman, burned March 19, 1890, $75,386.12 ; loss on St. Louis shops,
burned Feb. 5, 1881, $56,401.90 ; loss in liquidation of Southern Transportation Company, $81,521.80 ; estimated
depreciation of cars out of regular service, but used for temporary purposes, $100,000.

Total number of cars operated, including Association cars, 2,239.

Dividends. — During the calendar year 1891 this company paid four quarterly dividends
(February, May, August, and November 15) of 2 per cent, each, aggregating $2,000,000.

Directors: George M. Pullman, Marshall Field, O. S. A. Sprague, Norman Williams,
J, W. Doane, Chicago, III.; Henry C. Hulbert, New York, N. Y.; Henry R. Reed, Boston,
Mass. Officers: GEORGE M. PULLMAN, President, Chicago, 111.; Horace Porter. Vice-
President, New York City; T. H. Wickes, 2d Vice-President, Chicago, 111.; A. S. Weins-
heimer, Secretary, Chicago, 111.; G. F. Brown, General Manager, Chicago, 111.; F. C. N.
Robertson, Auditor, Chicago, 111.; G. M. Gray, General Ticket Agent, Chicago, 111. PRINCIPAL
OFFICE AND ADDRESS, Pullman Building, Chicago, 111. NEW YORK OFFICE, 15 Broad
Street ; LONDON OFFICE, London Bridge Station, S. E.

RAILROAD EQUIPMENT COMPANY.— Organized August 25, 1879, to sell rolling
stock to railroad companies on the ''Car Trust" plan, the purchasing railroad company to
pay part in cash, as a margin at the outset, and give its notes, maturing monthly or quar-
terly, for the balance, such notes to cover both principal and interest, and to be a first lien
on the rolling stock until they are paid in full. The payments are arranged to extend over
periods running from four to ten years, the railroad company meanwhile using the rolling
stock as lessee only, and agreeing to keep it in proper repair, etc. In case of default in any
of the payments, or of non-performance of the other provisions of the contract, the lessor
has the right to sell the rolling stock, and to apply the proceeds to the payment of any in-
debtedness arising under the contract. These car trusts are the basis of an issue of bonds
by this company, which deposits with a trust company all the securities of such car trusts,
including the title, contract, promissory notes, and insurance policies, for the further security
of the bonds. Financial Statement, uanuary 1, 1892.— Capital stock authorized, $1,500,000,
consisting of $750,000 full-paid preferred, bearing interest at rate of 6 per cent, per an-
num, accumulative, and $750,000 common stock, 33^ per cent. paid. Car trust bonds paya-
ble outstanding, $5,280,200. Direct >rs : H. A. V. Post, Archer N. Martin, C. C. Pomeroy,
New York, N. Y. ; E. E. Dennistou, S. W. Colton, Philadelphia, Pa. Officers: ARCHER N.
MARTIN, President ; H. A. V. Post, Treasurer, New York City ; C. C. Pomeroy, Assistant
Treasurer, New York City ; Evarts, Choate and Beaman, New York, N. Y. ; Isham, Lincoln
and Beale, Chicago, 111.; and John C. Bullitt, Philadelphia, Pa., Counsel ; Farmers' Loan and
Trust Co., Central Trust Co., Atlantic Trust Co., New York City, and Fidelity Insurance,
Trust, and Safe Deposit Co., Philadelphia, Pa., Trustees. PRINCIPAL OFFICE AND ADDHKSS,
45 Wall St., New York City.

TERMINAL RAILROAD ASSOCIATION OF ST. LOUIS.— Formed by the con-
solidation of the Union Ry. and Transit Co. and the Terminal RR. of St. Louis. It is com-
posed of and controlled by the Cleveland, Cincinnati, Chicago and St. Louis, the Louisville

POOR'S MANUAL — MISCELLANEOUS CORPORATIONS. 1135

and Nashville, the Missouri Pacific, the Wabash, the Ohio and Mississippi, and the St. Louis,
Iron Mountain and Southern, and provision is made in the agi cement of association for
admin ing other lines. In addition to the property acqniieJ by the consolidation (see MANUAL
for 1890) the company «l.-o purchased the properties of the Union Depot Company of St.
Louis and also those in East St. Louis, held under lease by the St. Louis Bridge Co. The com-
pany on October 10, 1889, also acquired from the Missouri Pacific and the Wabash the lease
of the Bridge and Tunnel, and operates all these consolidated properties under one manage-
ment. Curing the past year the east approach trestle was reconstructed, steel girders being
substituted for the wooden girders, and four locomotives were added to. the equipment.

expenses and taxes, $817,952.80. Net earnings, $938,477.40. Add rent of Union Depot
property, $113,560 ; interest on deposits, $10.105.13 — total income, $1,062,142.53. Payments :
Interest on 1st in o t gage bonds, $247,500; rentals (Tunnel KR. of St. Louis, $75000; St.
Louis Bridge Co., $%L,900 ; tracks and real estate, $27,501.75), $694,401.75; interest on
loans, $26,846.21 ; improvement account, $01,733.36— total, $1,030,481.32. Balance surplus
for year, $31,661.21 ; balance from last year, $273,328.53— total surplus, December 31, 18'Jl,
$304,989.74.

General Balance Sheet, December 31, 1891.

Property and Franchises. . . .$6,441,200 00 i Capital Stock $1-441,200 00

Construct, and Real Estate. 1,418.663 16— $7.854.863 1C ! First Mortgage Bonds 7,000,000 00— $8,441,200 00

Cash in hands of Cashier. . . 252.777 64
Cash in hands of Fin. Agts. 941,498 88
Cash in hands of Paymaster. 2.920 05

Cash in Transitu 151,828 3(5— 1.349,024 93

Due by Agents and Collectors 129,522 16

Due bv Sundry Companies and Individuals 117,637 06

52,161 10

Due by Sundry Railroad Companies

Due by U. S. Post Office Department H,365 09

Supplies on hand for Current Operations. . 18,585 91

Belt Line, East St. Louis 12,482 35

Total Assets $9,540,641 76

Due for Current Operations, including

Back charges 542,838 54

Due Sundry Companies and Individuals. . . 9,439 92

Accrued Rentals 88,993 56

Accrued Interest on First Mortgage Bonds 78,750 00

Accrued Interest on Loans 40000

Bills Payable, Real Estate 74,030 00

Balance Income Account. . . 304,989 74

Total Liabilities $9,540,641 76

Funded debt consists of general mortgage 4^ per cent. 50-year gold bonds, due October
1, 1939, interest payable April and October, in New York ; authorized, $7,000,000, of which
$5,000,000 were issued in payment for the properties purchased, and $2,000,000 are held in
reserve for enlargements. Trustee, Central Trust Co., New York, N. Y. Capital stock
authorized, $7,000,000.

ST. Louis BRIDGE COMPANY. — Length of bridge and approaches. 6.434 feet ; of tunnel, 4,800 feet. Length
of double main track, bridge, approaches, and tunnel, 2.25 miles : delivery and storage tracks (in St. Louis, 20.73 ;
in East St. Louis, 20.29), 41.02 miles Formerly the Illinois and St. Louis Bridge Co. The property was sold
under foreclosure, and a new company with the present title formed March 17, 1879. The bridge has two road-
ways, one above the other, the lower one double track for steam railway traffic only, and the upper one for
wagons and foot passengers. The bridge was leaded to the Missouri Pacific and the Wabash, St. Lou ;^ and
Pacific Ry. Cos. on July 1, 1831, and lease assigned to the Terminal Railroad Association of St. Louis, October 1,
1889 : rental, interest on bonds, dividends of 6 per cent, on first preferred and 3 per cent, on second preferred
stock, and $2.500 for organization expenses. The bonds as they mature are to be psnd by the lessee. Dividends
payable in gold, free of all charges. Financial Statement.— Funded debt, $5,000,000 7 per cent. $500 and $1.000
gold bonds, dated April 1, 1879. due April 1, 1923. interest payable April and October : 1st preferred stock,
S2,4!»0,000 ; 2d preferred stock, $3,000.000 ; common stock. $2,500,000. Annual meeting, first Tuesday in March.
Books close for annual meeting on the 15th of February ; for dividends, on the 15th of June and 15th of Decem-
ber. Bonds and both issues ot preferred stock listed on the London Stock Exchange. The common stock is
held in trust by the Mercantile Trust Company of New York, which has the right of voting it at the meetings
of the Bridge Company, but otherwise it belongs to the lessee. Director*: Julius S. Walsh. William Taaesiff
Thomas E. Tint. Edward Walsh, Jr., Sr. Louis, Mo. : J. Pjerpont Morgan. New York. X. Y. WILLIAM TAUSSIG,
President ; Julius S. Walsh, Vice- President ; Victor W. Fisher, Secretary and Treasurer, St. Louis, Mo.

TUNNEL RAILROAD OF ST. Louis.— Length of tunnel, about 1 mile. Formerly the St. Louis Tunnel Rail-
road. Sold under foreclosure, and present company organized. Capital stock, §1,250,000. On Julv 1, 1881, the
road was leased to the Wabash, St. Louis and Pacific and the Missouri Pacific Ry. Cos., and lease assigned to the
Terminal RR. Association of St. Louis on October 1, 1889. Rental. 0 per cent, on stock and §2,500 for organiza-
tion expenses. Annual meeting, first Tuesday in March. Books close for annual meeting on the 15th of Febru-
ary ; for dividends, on the 15th of June and 15th of December. Stock listed on London Stock Exchange. WILLIA.M
TAUS-IG, President • Julius S. Walsh, Vice- President ; Victor W. Fisher, Strretary ami Tr,<t*>irer, St. Louis. Mo.

urer. New York, N. Y. ; James Hanna, Secretary and Auditor, St. Louis, Mo. PRINCIPAL
OFFICE AND ADDRESS, St. Louis, Mo.

1136 POOR'S MANUAL — MISCELLANEOUS CORPORATIONS.

WESTERN UNION TELEGRAPH COMPANY.— This company was chartered
under the laws of New York on April 4, 1856, as successor to the New York and Mis-
sisippi Valley Printing Telegraph Company. The share capital at the time was $500,000 ;
this was increased from time to time by the acquisition of other lines, and by the payment
of stock dividends, until May, 1864, when it reached $20,133,800. From that time until
July 1, 1869, it increased to $41,063,100 by the following issues :

Atlantic and Ohio Telegraph Stock $833,400 I Equalization of Stock as per Consolidation . . $4(>8.0i;0

Erie and Michigan Telegraph Stock 68,000 I Fractions 5:1,1 no

House Telegraph StocK. 5,700 I Trnmansburg and Si-neca Falls Stocks .V:>oti

Femberton & Golden; trustees, etc 3.SOO Hicks and \Yriuhr Kcpc-ater ].5oo

Lodi Telegraph Stock

American THruniph Stock 11,833,100

Pittsburgh, Cincinnati and Louisville Stock.. l,ino

Total $20.920,300

Total issued previously •.'(>. 133.MOO

Total Capital Stock July 1/1869 $41,063,100

Western Union Bonds 91,000

Ithaca Telegraph Stock 14,500

California State Telegraph Stock 164,700

Syracuse and Bing'ton Telegraph Stock 4,900

Missouri and Kansas Telegraph Stock 80,400

United States Telegraph Stock 3,885,200

U.S. Pacific Telegraph Stock 3,333,300

In June, 1879, although the stock nominally amounted to the sum named ($41,063,100),
there was in the treasury $5,978,125, derived from net earnings, which was divided at that
time by a scrip dividend to the amount of 17 per cent.

On January 19, 1881, the company was consolidated by purchase with the American
Union and the Atlantic and Pacific Telegraph Cos. By the terms of purchase, the W. U.
Co. increased its capital stock (by $88,926,590) to $80,000,000, with which it paid par for
the 100,000 shares of stock of the American Union Co., amounting to $10,000,000, and
$5,000,000 of new stock for a like amount of that Co.'s bonds. The stock of the A. and P.
Tel. Co., amounting to $14,000,000, was purchased at 60 per cent, of its par value, and paid
for in new W. U. stock, amounting to $8,400,000. The balance of stock, $15,526,590 was
issued to ho'ders of old W. U. stock. The transfer of property, etc., of the purchased
companies was made February 3, 1881, since which time the entire system has been under
one management.

The W. U. Tel. Co. owns a majority of the stock of the International Ocean Telegraph
Co., and nearly one-half the stock of the Gold and Stock Telegraph Co. During the year
1880-81 contracts were made with the Northwestern Telegraph Co., absorbing by lease' for
ninety-nine years its lines, properties, and franchises in Wisconsin, Iowa, and Minnesota,
and on the Northern Pacific HR. ; with the Great Northwestern Telegraph Co. of Canada,
sub leasing to that company the lines acquired from the Dominion Telegraph Co., west of
the Province of New Brunswick, and with said last-mentioned company and the Montreal
Telegraph Company, guaranteeing to the latter a fixed revenue from the operation of its
lines undertaken to be operated by the Great Northwestern Co.

Contracts, dating from January 1, 1882, were entered into with the Gold and Stock Tel.
Co. and with the International Ocean Tel. Co., by the terms of which this company will
operate the lines, properties, and business of those companies for a term of ninety-nine years,
guaranteeing to the stockholders quarterly dividends at the rate of 6 per cent, per annum,
this company being entitled to all the revenues.

On February 10, 1883, the Mutual Union Telegraph Company was absorbed by lease,
the rental being the interest at 6 per cent, on $5,000,000 bonds, and 6 per cent, per annum
on $2,500,000 capital stock.

During the year 1888 the capital stock was increased by $5,000,000 for the special
purpose of acquiring the Baltimore and Ohio Telegraph. The sterling bonds of 1900 to the
amount of £4,100 and building bonds of 1902 to the amount of $11,000 were redeemed by
the sinking fund trustees.

In addition to the acquisition of the Baltimore and Ohio Telegraph system, consisting
of 6,711 miles of lines, carrying 54,087 miles of wire and of the New York and Southern
Telegraph system of 1,5'28 miles of lines and 5,090 miles of wire, there was constructed
during the year 1888 directly by the company, and paid for out of the treasury 6,3-2 miles
of line and 32,430 miles of wire on which account there was appropriated $1,219,590.67 in
cash.

During 1889 the additions to the property were 7,379 miles of line, 31,449 miles of wire,
and the equipment of 1,229 additional offices — of which 4,814 miles of line and 8,701 mii>
wire were purchased or acquired under contracts with railroad companies, and tin- remainder,
or 2,565 miles of line, and 22,748 miles of wire were constructed by the company. The
amount expended for these acquisitions during the year was $1,141,010.72.

There was also taken and paid for in cash $400,000 of additional stock in the Metropoli-
tan Telegraph and Telephone Company at par.

During 1890, the additions to the property were 5,163 miles of line and cables, 31,300
of wire, and 912 new offices, at a cost of $1,778,314.04, which was paid out of surplus earn-
ings. This included two new ocean cables from New York to Canso, Nova Scotia, at a cost
of over $1,000,000. There was also expended during that year for the purchase of stock of

POOR'S MANUAL — MISCELLANEOUS CORPORATIONS.

1137

telegraph companies operated as part of this company's system, $138,868, making the total
cash expenditure for new property in 1890, $1,917,182.04.

Earnings and expenses for year ending June 30, 1891. — Uross earnings, $23,034,326.59.

Expenses. $16,488,741.84, as follows : Operating and iM-m-ral. $11,657,763.45; rentals leased

11.598,162.98 : maintenance and reconstruction. $2.5(M).r.^7.41> : t»x*.^. $320,291.02, and

equipment of offices and wires, £351,896.90. Xet profit, $ti.t;i'.->..> 1 r,r>. Payments: Divi-

s4 :JOD 607.07: interest on bonds, s 56 : sinking fund, $39,091— total, $5.240,-

826.83'. Balance, surplus for year, $1,364.757.92. Add surplus from 1890, $10,052,983.30—

total surplus. $11,417.741.00.

Supplementary statement of earnings, expenses, etc., for year ending March 31. 1892
dust quarter partly estimated) :

Surplus April 1. 1S91

Net profit, quarter ending June
Net Profit, quarter ending Sept. 30. 1S'.<1 . .
Net Profit, quarter ending Dec. 31. i>9i...
Net Profit, quarter ending March 31, 1892.

Total Receipts $1S,325,484 64

Dividends Paid and Declared $4,309,630 29

Interest on Bonds 88'.'.

Sinking Fund... 79,99100

Balance. Surplus 13,085.905 77

Total Payments, etc $1*.365.444 64

General Balance Sheet, June 30, 1891.

Telegraph Lines; Stocks owned of leased
Telegraph Companies that are merged
in Western Union o>.'> ^ystem ; Fran-
chises : Patents, etc §95.845.391 25

Stock? and Bonds of leased Telegraph
Compat.ies. received in exchange for
Collateral Trust Bonds 8.182,300 00

Stocks of other Telegraph and Telephone
Companies, and other Securities 7.599,312 05

Real Estate 2.903/.HS 30

B'wav and Dev St. Bldg.— enlargement ac-
count ." 858,06255

Supplies and Material in Supply Depart-
ments 320.231 66

Sundry Accounts Receivable, etc 2,129.855 97

Cash in Treasury and in Hands of Agents
(since remitted to Treasury) 857.422 62

Sinking Funds lor Redemption of Bonds 359,901 51

Capital Stock $86.199.852 06

Funded Debt (see below i 15.161.266 00

Gold and Stock Telegraph Co. for Stocks
of other Companies, held through Lease
of that Company until 1981 T 2.264,200 00

Sundry Accounts payable, etc. (including

Dividend payable July 15. ISO!

j Surplus of Income prior to October 1.
. appropriated for Construction and
Acquisition of Telejrraph Lines and
Property i,in excess of the $15.;V.
Capital Stock distribnted'in 18M. on ac-
cortnt of such Appropriations of Income
during the 15 years preceding*

Surplus of Income subsequent to October
31.31), plus the Portion
of Surplus of Income prior to October
1. 1^1 >S»;2(.i.75'.>,yi>, that was not appro-
priated as above 11,417.741 22

Total Assets $119,456,395.91

:52 60

1.598.184 03

Total Liabilities $119.456,395 91

List of securities belonging to the company, and heldjby the treasurer :

STOCKS.

No.
Shares.

Anglo-American Telegraph Co .....

Anfer. Dist. Tele?. Co. of Ball . . .37,735
Amer. Disr. TeleTCo. of New York 4.114*
Ainer. Speaking Telephone Co ____ 12.075

Bell Telephone Co., of Canada ____ 372

Bell Telephone Co., of Phila ...... 2.500

Boston District Telegraph Co ..... 1

Brooks' Underground Teleg. Co... 1,000
Central Dist. A: Printing Teleg. Co. 1.360
.; .. u ... §crjp

Chicago A: MNsissippi Ti'lesr. Co.. 2.500
California State Telegraph Co. . . .23.816

Continental Telegraph Co ......... 5.215

Del. &. Atlantic Teleg. & Tel. Co.. 250
5.766
1.311
Ea>t Tennessee Telegraph Co ..... 513

Franklin Telegraph Co ......... 6.329

Go:<l & Stock Telegraph Co ....... 23.727

Gold £ Sto.-k Teleg. Co. of Cal... 3.010
Hawkeye Telegraph Co ........... 3.140

International Ocean Telegraph Co.>
Illinois A: Missi>sippi Teleg. Co... 2.007

.

Dominion Telegraph Co
Delaware River Telegraph Co

Par I
Value.
£1.30800 !
•••75 00 i
411.425 00 I
1,207.50000 i
37.200 00
125,000 00
188,075 00
100,000 00 •
136.000 00 I

12.140 00
125.0*30 00
2.3^1 .600 00 ;
131.: -

25.000 00
283,300 00 i

: 75 oo •

25.650 00 i

i>32.900 00 !

2,372.700 00 !

301,000 00 |

31.40000 I

1,858,50) 0)

$100,35000 ;

No.

STOCK-. Shares.

Lynchburs: & Abiugdon Teleg. Co. 271

Michigan Telephone Co 1,936

Metropolitan Tel. & Telearaph Co.12,000
New York Mutual Telegraph Co.. 95.000
Ohio A- Mississippi Telegraph Co.. 1J629
Pacific A- Atlantic Telegraph Co... 58,300
Put-in -Bay Telegraph Oo, .. 16

Philadelphia Local Telegraph Co.. 12.000
Rochester District Telegraph Co 3,325
Southern Bell Tel. & Teleg. Co... 3.574*
Southern & Atlantic Telegraph Co.15,619

Troy Telep. & Teles. Co 821

Vermont & Boston Telegraph Co.. 2.395

Western Union Telegraph Co 262

Western (.of Baltimore) Teleg. Co..
Wash. & New Orleans Teleg. Co.. 10,612

BONDS.
Buffalo & Southwestern RR. Co

Paris & Danville Railroad Co

United States, 4 per cent

Chicago & North Western Telegraph Co..
Mutual Union Telegraph Co

Par

Value.

27,10000

193.60000

1,200,00008

'0000

81,45000

1,457,500 00

80000

300,000 00

33.250 00

357.450 00

390,475 00

>2.10000

119.75000

2f,.200 00

97,50500

530.60000

S3.650 00

3.00000

1,50000

40,00000

3.043,000 00

There has been no increase in capitalization, either in stock or bonds, in the twenty-four
years that was not in payment for, or representing properties of, equal v;tlue purchased or
constructed. On the contrary, there have been nearly eleven million dollars of money
expended in extensions and purchases that have not been capitalized.

Funded debt, June 30, 1691, consisted of—

Sterling 6 per cent, gold 25-year bonds, due March 1, 1900, int. March and Sept., in London

Sterling 7 p. c. 25-year coupon bonds, due May 1. 1900. int. May and Nov. at treasurer's office

Real estate 7 per cent, gold 30-year bonds, due May 1. 1902. int. May and Nov.. at Union Trust Co.

New York

Collateral Trust 5 p. c. 50-year bonds, due Jan. 1, 1938, int. Jan. and July, at Mercantile Trust Co. ....

72

1.219.000
8,181,000

1138

POOR'S MANUAL — MISCELLANEOUS CORPORATIONS.

Sinking fund held by Union Trust Co., trustee, $359,901.51. Of the capital stock given
in above balance sheet, $26.242. 93 belongs to and is in the company's treasury.

Daring the year sterling bonds, due March 1, 1900, to the amount of £'/,000, and build-
ing bonds due May 1, 1902, to the amount of $66,000, were redeemed by the sinking fund
trustees. The bonded debt was increased during 1890, by the issue of $2,767,000, collateral
trust bonds due in 11)38, bearing interest at the rate of 5 per cent, per annum, in exchange
for a corresponding amount of capital stock and bonds of the New York Mutual (formerly
Mutual Union), International Ocean, and Gold and Stock Telegraph Companies, upon which
interest under the lease of these companies' lines was being paid at the rate of 6 per cent,
per annum.

Annual meeting, second Wednesday in October. Books close about September 20, and
reopen immediately after meeting. Stock and bonds listed^on the ^ew York Stock Ex-
change.

Comparative statement of averages for nine fiscal years :

1883

1884

1885

1886

1887

1888

1889

1890

1891

Av. No. Mes. p. M. Poles

285.3

290.1

258.4

285.1

302.2

300.3

302.7

303.8

314.7

Av. No. Mes. p M. Wires

95.1

93.4

91.9

88.0

90.3

83.5

83.5

82.3

82.8

Av. No. Messages p.Offic.

3,188.1

3,057.5

2,967.9

2,858.9

3,026.8

2,984.9

2,929.5

2,883.0

2,943.0

$

S

$

S

$

$

S

$

$

Gross Earn. p. Mile Poles

13483

13536

12004

10735

109 63

11501

11626

12172

12254

Gross Earn.per Mile Wire

4495

4357

3830

3329

3277

3198

3208

3297

32 19

Gross Earnings per Office

1,50614

1,426 70

1,248 36

1,07638

1,097 96

1,14327

1,125 -24

1,11504

1,146 10

Expenses per Mile Poles

8174

8978

8139

81 53

8388

8543

8148

81 96

8739

Expenses per Mile Wire.

27 25

2890 | 2597

2528

2507

2375

2241

2220

2296

Expenses per Office

913 10

946 33

846 44

817 51

840 12

849 17

788 58

77775

81743

Profits per Mile Poles . . .

5309

4558

3865

2582

2575

2958

3478

3976

3515

Profits per Mile Wire....

1770

1467

12 33

801

770

823

967

1077

923

Profits per Office

593 04

48037

401 92

25887

25784

29410

336 66

377 29

32867

Cents.

Cents.

Cents.

Cents.

Cents.

Cents.

Cents.

Cents.

Cents.

Earnings per Message . . .

47.24

48.66

4-2.06

37.65

36.27

38.30

38.41

40.06

38.94

Expenses per Message. . .

28.64

30.95

38.52

28.59

27.75

28.44

26.92

26.97

27.78

Profits per Message

18.60

15.71

13.54

9.06

8.52

9.86

11.49

13.09

11.16

Expenses to Earnings —

60.62 p.c.

66.33 p.c.

67.80 p.c.

75.95 p.c.

76.52 p.c.

74.28 p.c.

70.99 p.c.

67.34 p.c-

71.32 p.c.

Statement showing mileage of lines operated, receipts, expenses, and profits since 1866

YEAR.

Miles of Poles
and Cables.

Miles of
Wire.

Offices.

Messages.

Receipts.

Expenses.

Profits.

1866
1867
1868

37,380
46,270

50,183

75,686
85,291
97,594

2.250
2,565
3,219

5,879,282
6,404,595

$
6,568,925 36
7,004,560 19

$

3,944,005 63
4,362,849 32

S

2,624,919 73
2,641,71087

1869

52,099

104,584

3,607

7.934,933

7,316,918 30

4,568,116 85

2,748,801 45

1870

54,109

112,191

3,972

9,157,646

7,138,737 96

4,910,772 42

2,227,9<i5 54

1871

56,032

121,151

4,606

10,646,077

7,637,448 85

5,104,787 19

2,532,601 (Hi

1872

62,033

137,190

5,237

12.444,499

8,457,095 77

5,666,863 16

2,790,'23'2 lil

1873
1874
1875
1876

65,757
71,585
72,833
73,532

154,472
175,735
179,496
183,832

5,740
6,188
6,565
7,072

14,456,832
16,320,256
17,153,710

18,729,567

9,333.01h 51
9,262,653 98
9,564,574 60
10,034,983 66

6,575,055 82
6,755.733 83
6,335,414 77
6,635,473 69

2,757,962 69
2,506,920 15
3,229,15783
3,399,509 97

1877

76,955

194,323

7,500

21,158.941

9,812,352 61

6,672,224 94

3.140,12; <;:

1878

81,002

206,202

8,014

23,918,894

9,861,35523

6,309,812 53

3.551,54270

1879

82,987

211,566

8,534

25,070,106

10,960,640 46

6,160,200 37

4,800,440 09

1880
1881.

1882

85,645
110,340
131,060

2.33.534
327,171
374,368

9,077
10.737
12,068

29,215.5')!*
32,500,000
38,842,247

12,782.8!)4 53
14,393,543 85
17,114,16592

6,948,956 74
8,485,264 13
9,996,095 '.12

5.833.937 7'.l
5,908,279 7-2
7,118.07000

1883

144,294

432,726

12,917

41,181,177

19,454,902 98

11,794,553 40

T,G60.3 1'.i.X

18S4

145,037

450,571

13,761

42,076,226

19,632,939 60

18,022,503 90

6,610,435 70

1885

147,500

462,283

14,184

42,096,583

17,706,833 71

12,005.909 58

5,700,'.)-21 13

1886

151,832

489,607

15,142

43,289,807

16,298,638 55

12,378,783 42

:).<M<),855 13

1887

156,814

524,641

15,658

47,394,530

17,191, U0<) (15

13,154,628 54

5,037/281 41

1888

171,375

616,248

17,241

51,4()3.»55

19,711,164 12

14,640,592 18

5.070.571 '.14

1889
1890
1891

17'8,754
183,917
187,981

647,697
678,997
715,591

18,470
19,832

20,098

54,108,3-26

55,878. riiv!
59,148,343

20,783,19407
22,387.02891
23,034,326 59

11. .Vi.-), 152 61
15,074,303 81
16,428,741 84

6,218,041 4«
7.312.7-2:) in
6,605,

" This table is worthy of close observation and study. It exhibits the growth and magnitude of a telegraph
system that controls one-third of the telegraph mileage, operates about one-fourth of all the offices, and handle!
one-fourth of all the telegraph traffic in the world. Its growth for live years (comparing 1886 with 18'.u i has beei
36 149 miles of line, 226,984 miles of wire, and 4,956 offices. The increase for ten years, or since June 30. ls8l . has
been 77,641 in mileage of lines, 387.420 in mileage of wire, and <).361 in number of offl.vs.

" The additions to the plant during the year were 3,904 miles of pole lines and cables, 36,594 miles c

" The results of the year's business have been eminently satisfactory to the management. Notwithstanding
the very hard year on telegniph properties and losses suffered by the disastrous fire of July, 18UO. thv regtdHj

POOR'S MANUAL — MISCELLANEOUS CORPORATIONS.

1139

quarterly dividends, amounting to five per cent, for the year, have been paid, and $1,364,757.92 added to the sur-
plus ; from which surplus, there has been paid for the purchase and construction of additional telegraph prop-
erties the sum of $1,01 6,986 ^"o ; and for the purchase of an adjoining lot in New York $60.000I00°B ; and on account
of the erection of an annex building with a frontage of filty feet on Dey street, entirely new, and of four new
stories on the company's main building, during the year, $866,068]

"The accumulated surplus or $11,417,741.22, and a further surplus, accumulated previous to October 1, 1881,
of $1,598.184.03, as shown in the balance sheet, making the aggregate surplus earnings which have not been capi-
talized $13, 015,1*25. 25, has been substantially expended and is represented in these acquisitions.

" Since the removal of the company's headquarters to New York city, in 1866, there has been expended in
the growth and extension of its properties $15,526.590 of surplus earnings previous to 1881, which has been capi-
talized by tin- issue and distribution of capital stock therefor: 81,200.000 capitalized out of surplus earnings
since January 1881, by the issue of a stock dividend therefor, representing earnings which had been expended in
the plant ; and $13,015,925 surplus remaining uncapitalized, making together £29.742,515 in cash from surplus
earnings ; together with the proceeds of $1.500.000 of bonds issued for and the proceeds expended in the pur-
chase of grounds and erection of the company's main building at Broadway and Dey street ; $1.000.000 of bonds
issued for, and the proceeds expended in the erection of buildings in Broad street and at Fifth avenne and
Twenty-third street ; $8,181,000 of bonds issued for the purchase of. and in exchange for the stocks and bonds of
companies whose lines were leased to this company, and saving thereby one per cent, per annum in the rate of
rental which was being paid therefor: making altogether $29,742,515 in cash from surplus earnings. glO.181,000
in bonds and $28,400,000 in stock issued and paid for the purchase of the American Union, the Atlantic and
Pacific and the Baltimore and Ohio properties, making a total of $68.823.515. which has been expended in the
plant in the past twenty-five years : whilst only $45,126.590 have been added to the capital stock and $10,681,000
to the bonded debt, making §55,807,590. which has been capitalized, and leaving the remainder of $13.015,925 of
surplus uncapitalized, as before stated."

Board of Directors, Western Union Telegraph Company.

Norvin Green New York,

Thomas T. Eckert.

John T. Terry

John Van Home . .

Samuel Sloan

Jay Gould

Russell Sage

Alonzo B. Cornell.
George J. Gould. . .
John G. Moore...

N.Y.

Cyrus W. Field.. . .New York. N. Y.

Robert C. dowry Chicago. 111.

Henry Weaver London. Eng.

Percy R. Pyne New York. N. Y.

Charles Lanier "

Austin Corbin "

J. Pierpont Morgan

Frederick L. Ames Boston, Mass.

John Hay Cleveland, Ohio.

Wm D. Bishop. ..Bridgeport, Conn.

C. P. Huntington . . New York, N. Y
George B. Roberts. Philadelphia. Pa
Sidney Shepard. . ..New York, N. Y.

Erastus Wiman

Chas. F. Mayer. . . .
Chaun. M. Depew..
Jas. W. Clendenin.
Henry M. Flagler..
Edwin Gould...

Executive Committee: Norvin Green, Thomas T. Eckert, John T. Terry, John Van Home,
Robert C. Clowry. Samuel Sloan, Jay Gould, Russell Sage, Alonzo B. Cornell, Geo. J. Gould,
Edwin Gould. Officers: NORVIN QBE EN, President; Thomas T. Eckert, Vice-President and
General Manager ; John Van Home. Robert C. dowry, Geo. J. Gould, Vice- Presidents ;
J. B. Van Every, Acting Vice-President and Auditor; A. R. Brewer, Secretary; R. H.
Rochester, Treasurer; Geo. H. Fearons, Attorney, New York, N. Y. PRINCIPAL OFFICE AND
ADDRESS, 195 Broadwav, New York.

1140

POOR'S MANUAL OF RAILROADS — SUPPLEMENT.

SUPPLEMENT.

INFORMATION RECEIVED TOO LATE FOR INSERTION IN ITS REGULAR ORDER.

ADIRONDACK RAILWAY.— Since the close of the fiscal year this company has
executed a mortgage to secure an issue of $2,000,000 4^ per cent. 50-year bonds, due*1942,
to provide for payment of advances. These bonds are guaranteed principal and interest by
the Delaware and Hudson Canal Co.

ADIRONDACK AND ST. LAWRENCE RAILROAD.— It is reported that this
road has been leased to the Central Vermont RR. Co.
ALABAMA AND VICKSBURG RY.

peaces for nine months ending March 31, 1892.

$H56,755.30 ; mail, $12,115.30 ; express, $10,

431.55. Operating expenses — transportation, $149,544.11; motive power, $82,437.66;

maintenance of way, $112,113.57; maintenance of cars, $37,105.30; general, $38,83759—

total, $420,038.23. Net earnings, $137,898.32.

ALABAMA GREAT SOUTHERN RAILWAY. — Comparative statement of earn-
ings and expenses for six months ending December 31, 1891 and 1890 :

1891

1890

Increase or
Decrease.

Gross Receipts ...

$
1 015 047

$
1 035 4^3

Dec 20 376

Working Expenses (including Taxes) ... .

745 891

715 5')4

Inc SO 297

Net Revenue . ....

269 156

319 829

Dec 50 673

Percentage of Expenses

73.48p c

69 10 p c

Inc 4 38 p c

Out of the amount remaining after payment of fixed charges an interim dividend of 6s.
per share on the 6 per cent. " A " preference shares was declared.

ALLEGHENY AND KINZUA RAILROAD.— Rev ised Mileage, December 31, 1891.
— Main line in Pennsylvania, 14.5 ; main line in New York, 10 ; connecting link, 10.2") ;
Red House branch. 6.; Stony Brook branch, 4.5 ; Johnson's branch and Yaeger's branch,
1.25 — total, 46.5 miles. It is reported that this company defaulted in payment of interest
and of annual instalment of principal due February, 1892.

ASTORIA AND PORTLAND RAILWAY.— Chartered March 16, 1892, and purchased
the road of the Astoria and South Coast Ry. Co. (see page 11), whose property was sold under
foreclosure in February, 1892. The road is now under construction from Clatsop Junction
to Portland, Ore., ma Nehalem Valley. Main line projected from Astoria to Portland, 0.,
120 miles, with branch from Hillsborough to Oswego, 17 miles. Capital stock authorized,
$4.000,000 ; subscribed, $2,100,023. Funded debt consists of 1st mortgage 6 per cent. 40-year
$1,000 coupon bonds, dated May 1, 1892, interest payable May and November ; authorized,
$10,000,000 ; outstanding, $480,000. These bonds are secured on the line from Astoria to
Seaside. Trustee of bonds, Mercantile Trust Co., JNew York. N. Y. Directors (elected
March 23, 1892).— John C. Sheehan, Charles W. Scofield. New York, N. Y. ; George Goss,
C. W. Fulton, M. M. Ketcham, Astoria, Ore. ; J. Frank Watson, R. S. Perkins, Portland,
Ore. John C. Sheehan, President ; Charles W. Scofield, Vice-President, New York, N. Y.;
J. Frank Watson, Secretary and Treasurer, Portland, Ore. ; George Gross, General Managt r
and Chief Engineer, Astoria, Ore. PRINCIPAL OFFICE, Portland, Ore. New York Office, 31
ixnd 33 Broadway.

ATCHISON, TOPEKA AND SANTA FE RAILROAD.— (Supplementary State-
ment},— Gross earnings, operating expenses and net earnings of the Atchison system for nine
months ending March 31, 1892 :

DIVISIONS.

Average

Mi Irs

Operated.

Grose

Earnings.

Operating

Expenses.

Net
Earnings.

Atchison, Topeka & Santa Fe System
St Louis & San Francisco System

M.
7,188.19

1,863.37
350.42

$
87,440,088.86
6,757,939.70

i.Mj.'v.iii.i;

S
19,124.377.59

J.1!)S.!MS.7T

1,140,269.14

8,816,
290.98

IIM

Colorado Midland Rv

Total

9,836.98

M.i.r-i-j.'.f.M.-.'s

24,463,595.50 11.27S

POOR'S MANUAL OF RAILROADS — SUPPLEMENT. 1141

tinder date of Mny 2o. 1802. this company announced (Circular No. <>> the creation of a

:id mortgage, elated- Inly 1, 1£<S>2, and to expire July 1, 1989; to be next in lien to the
general mortgage, dated October 15. issy. ar.d covering all the properties of the Atchisonand
auxiliary companies named in Circular No. 63 ; and under which mortgage it is proposed to

6 $100.000,000 second mortgage gold coupon $500 and $1.000 bond?, and regis^red bonds
in denominations of $500. $1.000 and $10,000. These bonds are subdivided into two cla>-
( 'la<< A. $80,000,000. and Class B, $20,000.000. Both classes bear fixed interest, payable April
and October, at rates as stated below.

It is proposed to fund the outstanding income bonds in new second mortgage bonds. <
A, which will be issued at once in exchange -for incomes, aud will bear interest, beginning July
1, 1*1)2. ar •,'- percent, per annum forthe first fifteen months, 3 per cent, for the year to Octo-
ber 1, 1894, 3i per cent, to October 1, 1895, and 4 per ceut. thereafter to maturity. Tbe balance
of .<^().0'>o?000 bonds issued under the same indenture, and termed Cla.-s B, will carry 4 per ceut.
from July 1, 1892. Of the:-e not more than $5,000.000 can be issued in any one year, the pro-
ceeds to be applied oniy to improvements, including equipment, on the existing mileage of
the system. At the expiration of four years, both classes become identically the same is.-ue.
The right is reserved to the company in the second mortgage, after the expiration of the
four years and a quarter, to issue in any one year not more than $2,500,000 of second mortgage
4 per cent. b<>nds for the same purpose, up to a limit of $50,000,000, but the proceeds can-
not be applied to the extension in any direction of the company's lines. Estimate of the
annual fixed charges for the four years 1892-93 to 1895-96 :

•• Under this plan, the fixed charges of the company for fonr years, beginning with Jnly 1, 1892, with no con-
tingent charges excepting such' 4s will pertain to dividends on capital stock, will be as follows :

FIXED CHARGES FIRST YEAR. BEGINNING JULY 1. 1892.

" Taxes, Rentals, Interest on General Mortgage 4 per cent. Gold Bonds, etc $8,000.000

2* per cent, on $80,000.000 Class •• A '' Second~Mortgage Gold Bonds 2,000,000

4 per cent, on $5,000,000 Class " B " Second Mortga-e Gold Bonds 200.000

Total Obligatory Fixed Charges ahead of Capital Stock, First Year $10.200,000

FIXED CHARGF-TsECOND YEAR, BEGINNING JULY 1. 1893.

•• Taxes. Rentals, Interest on General Mortgage Gold Bonds, etc 38.000.000

2i per cent, interest on C!u-s ' A " sSO.000,000 Second Mortgage Gold Bonds, 3 mos $500,000

3 per cent, interest on Class '-"A '' $80.000.000 Second Morteaie Gold Bonds, 9 mos 1.800,000— 2,300.000

4 per cent, on $10,000,000 Class "B" Second Mortgage Gold Bonds 400,000

Total $10,700,000

TOTAL FIXED CHARGES THIRD YEAR, BEGINNING JULY 1, 1894.

•' Taxes. Rentals. Interest on General Mortsraare Gold Bonds, etc $8-000.000

3 per cent, interest on Class " A " $80,000.000 Second Mortgage Gold Bonds. 3 mos $600.000

3t per cent, interest on Class ;- A " $80/00.000 Second Mortgage Gold Bonds, 9 mos -. 2,100,000— 2.700.000'

4 per cent, interest $15,000,0)0 Class •• B " Second Mortgage Gold Bonds 600:OCO

Total $11 .300,000

TOTAL FIXED CHARGES FOURTH YEAR. BEGINNING JULY 1, 1895.

" Taxes. Rentals, Interest on General Mortgage Gold Bonds, etc $8,000.000

3| per cent, interest on Class " A " $80.000.000 Second Mortgage Gold Bonds, 3 mos $700.000

4 per cent, interest on Class " A " $80,000,000 Second Mortgage Gold Bonds. 9 mos 2,400,000— 3.100,000

4 per cent, interest on Class " B " $20,000,000 Second Mortgage Gold Bonds 800.000

Total $11 .900.000

'• The fixed charge? for the fifth year, and thereafter, provided no farther issne of second mortgage bonds
shonld be found necessary, will be :

•; Taxes. Rentals. Interest on General Mortgage 4 per cent. Gold Bonds . . $8.000.0f 0

4 per cent, interest on $100,000,000 Second Mortgage Gold Bonds 4,000,000

Total $12.000.000

" In case the improvements in any of the years above noted call for less than the proceeds of $5,000.000 sec-
ond mortgage gold bonds, the fixed charges will he proportionately lower.

•• This includes car trust. »eri-s ' A,' Atchison Company, in total amount $2.500,000. The first car trust of
90-91 proposed to have been issued, in amount of $2,508,945.48. has been cancelled, and the rolling stock turned
under the lien of the general mortgage and second mortgage bond indentiirt- s."

The formal transfer of the Atchison terminals in Chicago to the Chicago Elevated Ter-
linal Co., was effected in March, 18*2.

ATLANTA AND CHARLOTTE AIR LINE RAILWAY.— In list of directors given
>n page 525, for " J. D. Garth " read " D. J. Garth."

ATTICA AND FREEDOM RAILROAD.— This company acquired only that por-
ion of the old Tonawanda and Cuba RR., extending from Attica to Freedom", X. Y., 3:J
miles : the remainder, from Freedom to Cuba, 26.09 miles, has been abandoned and rails,
iken up.

1142

POORS MANUAL OF RAILROADS — SUPPLEMENT.

BALTIMORE AND EASTERN SHORE RAILROAD.— The Maryland Legislature
has authorized the city of Baltimore to acquire a controlling interest in the capital stock of
this company by guaranteeing both principal and interest on its 3% per cent. 1st mortgage
bonds to the extent of $900,000. It is proposed to retire the present mortgage under which
$1,460,000 bonds have been issued, and accept the bonds endorsed by the city, and the dif-
ference in second mortgage bonds — at par — in exchange. A majority of the bondholders
have signified their willingness to accept this proposition.

BALTIMORE AND LEHIGH RAILROAD.— Errata : In "Financial Statement"
given in this company's statement on page 40, the amount of Maryland Central 1st mortgage
4s outstanding should be $817,125.05 instead of $822,275.05, and York and Peach Bottom
3d mortgage 5s should be $202,450 instead of $197,300.

BALTIMORE AND OHIO RAILROAD.— The close of the fiscal year of this com-
pany has been changed from September 30 to June 30. The common stock was listed on the
New York Stock Exchange, on February 24, 1892.

BALTIMORE AND OHIO SOUTHWESTERN RAILROAD.— Comparative state-
ment of earnings and expenses for the six months ending December 31, 1891 and 1890:

Six Months Ending
December 31.

1891

1890

Six Months Ending
December 31.

1891

1890

Earnings ; —
Passenger

323 160 67

$

331 260 30

Expenses :
Transportation

$

449 i qg 01

416 953 63

Freight.

949,838 51

765,651 13

Maintenance of Way, etc

172 918 57

148 461 82

Mail
Express

52,816 56
27 000 00

52,816 62
27,00000

Maintenance of Equip
General

90,690 02
132 001 69

102,970 39
127 620 76

Telegraph

4 915 02

4 529 55

Miscellaneous

54,192 21

56,741 45

Total Expenses

844,808 29
567 114 68

796,006 60
441 QQ2 4*>

Total Earnings

1,411,92297

1,237,999 05

Taxes and Assessments..

28,00000

28,988 74

N£f Income .

539,114 68

413 003 71

Statement of earnings and expenses for year ending December .31, 1891 :

Earnings.— Passenger $597,398 00

Freight 1,631,23959

Mail 105,«33 16

Express 54,000 00

Telegraph . . 8,669 30

Miscellaneous . . 103,654 78

Expenses.— Transportation

Maintenance of Equipment.
Maintenance of Way, etc. .
General . .

$839,988 01
172,772 89
304,312 78
248,609 42

Total Expenses $1,565,663 10

Total Earnings . . . $2,500,594 83 | Net Earnings $934,931 73

BALTIMORE AND SPARROW'S POINT RAILROAD.— Errata: In description
of mileage in this company's statement on page 60, for " Penwood Park Branch " read "Penn-
wood Park Branch," and for " Penwood Park " read " Pennwood Park." The date of incor-
poration should be August, 1887. instead of August, 1877, as given on page 61.

BANGOR AND PISCATAQUIS RAILROAD.— (Supplementary Statement).— Oper-
ations for year ending December 31, 1891. — Train mileage— passenger, 109,581 ; freight,
60,392 ; other, 14,533— total, 184,506 miles. Passengers carried, 72,764. Tons freight moved,
60,789. Earnings— passenger, $69,952.67 ; freight, $86,505.62 ; mail, $7,103.64 ; express,
$1,691 11; other, $533.47— total, $165,786.51. Operating expenses, $103,404.94. Net earn-
ings, $62,381.57. Payments: Rental (B. & K. I. W. Ry.), $10,100; interest, City of Bangor
loans, $35,000; interest on extension bonds, $15,000— total, $60,100. Surplus, $2,281.57.

BARCLAY RAILROAD.— Errata: In Board of Directors (see page 63), Clarence R.
Claghorn succeds William B. Warner. Anthony Taylor, Philadelphia, Pa., succeeds Wm.
B. Warner as Secretary and Treasurer. SDPPLEMENTAKY STATEMENT,— Earnings for year
ending December 31, 1891— Passenger, $7,072.96 ; freight, $25,187.21 ; coal, $9,672.93 ;
mail, $553.08 — total, $42,486.18. Operating expenses and taxes, $23,827.49. Net earnings,
$18,658.69. Add other receipts: Interest, $5,335.93; trackage, $5,317.44 ; rents, $498.66—
total revenue, $29,810.72. Paid interest on bonds, $3,800 ; insurance, $92— total, $3,892.
Balance, surplus, $25,918.72. Surplus forward, $7,038.98 — total surplus, as per balance
sheet, $32,957.70. Financial Statement, January 1, 1892.— Capital s-toek, $1,000,000 ; funded
debt (described on page 63), $76,000; current accounts, $11,090.80 ; profit and loss, $32,957.70
—total, $1,120, 048. 50. Contra : Cost of road, $450,000; equipment. $34,636.33; real estate,
$373,000 ; Long Valley Coal Co., $16,082.78 ; bonds and stocks, $285,000 ; current accounts,
$12,545.33— total, $1,120,048.50.

BELLAIRE, ZANESVILLE AND CINCINNATI RAILWAY (as reorganized).—
Statement of earnings and operating expenses from July 1, 1891 to January 1, 1892 : Earn-
ings—passenger, $23,349.76 ; freight, $22,019.20 ; mail,*$3,269.22 ; express, $1,634.80; tele-

POOR'S MANUAL OF RAILROADS — SUPPLEMENT.

1113

graph, $502.52 ; miscellaneous, $2,208.60— total, $52,984.10. Operating expenses, $45,940.92.
Net earnings, $7,043.18.

BIRMINGHAM, SHEFFIELD AND TENNESSEE RIVER RAILWAY.— Er-
ratum: In statement of this company, on page 68, " Passengers carried one mile" should
be 1,601,510, not 160,510.

BRISTOL RAILROAD. — The amount of 6 per cent, bonds outstanding June 10, 1892,
$100,000— total stock and bonds, $200.000, not $160,000.

BRADFORD, BORDELL, AND KINZUA RAILROAD.— The following direc-
tors were elected in March, 1892 : George L. Roberts, D. H. Jack, John J. Carter, J. B. Mc-
George, J. R. Pomroy, H. K. Pomroy, and Charles Dana. The following officers were elected
at the same time: George L. Roberts. President ; H. K. Pomroy, Vice - President ; J. C.
McKenna, General Manager, and VV. R. Diffenback, Treasurer. It is reported that road will
be thoroughly repaired, and new equipment added.

BROOKLYN ELEVATED RAILROAD.— The following Board of Directors was
elected May 4, 1892 : Edward Lauterbach, Adolf Ladenburg, Leonard Lewisohn, Edward J.
Richards, Simon Rothschild, Jacob Scholle, Ernst Thalmann, William Strauss, Simon Uhl-
mann, Frederick Uhlmann, New York, N. Y.; Anthony Barrett. Abram J. Hardenbergh,
George W. Wingate, Brooklyn, N. Y. The following officers were elected : Adolf Laden-
burg, President; Anthony Barrett, Vice- President ; Frederick Uhlmann, Secretary and
Treasurer ; W. B. Longyear, Auditor, and O. F. Nichols, General Manager and Chief Engineer,
Brooklyn, N. Y.

BUFFALO, ROCHESTER AND PITTSBURGH RAILWAY (Supplementary
Statement). — Operations for nine months ending March 31, 1892.

Earnings-Passenger. . . . $266.480 60 i Expenses— Transportation $563,465 51

Freight 1,859,308 37 j Motive Power 461,302 55

MaiK .

Express

Miscellaneous.

14,964 76
9.225 00
16,078 34

Total Earnings $2,166.05707

Maintenance of Cars 213,579 06

Maintenance of Way, etc 2-28,911 84

General, and Taxes 93,585 1 5

Total Expenses $1,560,844 11

Net earnings, $605,212.96. Add interest received, $23,130.30 ; rents, $1,755,77— total
income, $630,089.03. Payments: Interest on bonds, $386,066,25; on debt, $13,998.72;
rentals (N. Y., L. E. & W. R.R. tracks, $42,763.98 ; R. & P. C. & I. Co. cars, $12,150), $54,-
913.98 : extraordinary expenses and improvements, $45,000— total, $499,978.95. Balance,
surplus, $130, 11 0.08,' from which was paid a dividend on February 15, 1892, of 1| per cent,
on preferred stock, $75,000, leaving net surplus, $55,100.08.

CALIFORNIA AND NEVADA RAILROAD.— In list of directors on page 95, E.
M. Morgan succeeds M. J. Loefler.

CALIFORNIA SHORT LINE RAILWAY.— This line, extending from Draper to
Chester, Utah, now forms a portion of the main ^line of the San Pete Valley RR. (see
page 95).

CANADIAN PACIFIC RAILWAY. — In the description of "Land Grant," on paore
1,066, the balance of Iht mortgage bonds outstanding should be $3,426,0<JO instead of $3,438,-
500. Against this balance the company holds $1,970,094 interest-bearing obligations oo land
sale contracts. In the board of directors (see pa^e 1,070), for Sir George Stephen read Right
Hon. Lord Mount Stephen, and add T: G. Shaughnessy, Montreal, Can. The executive com-
mittee now consists of T. G. Shaughnessy, Sir Donald A. Smith, William C. Van Home, and
Richard B. Angus. The London offices of the company have been removed to 1 Queen Vic-
toria Street.

CAPE FEAH AND YADKIN VALLEY RAILWAY. (Supplementary Statement)—
Gross earnings, expenses, and net earnings, by months, from July 1, 1891, to March 31,
1892, both inclusive :

MONTHS.

Gro*s
Earning!*.

Operating
Expenses.

Net
Earnings.

MOUTHS.

Gross
Earnings.

Operating
Expenses.

Net
Earnings .

1891 July

46,497 42
47,324 68
53,527 34
57,628 63
52.621 68

31,684 78
31,271 87
33.050 66
35,77? 74
31,436 31

8

14,812 64
16,052 81
20,476 68
21,850 89
21,18537

s

42,590 20
34,997 98
47,73-2 58
50,738 17

30,187 23
25,479 68
26,505 49
31,069 64

$
12,402 97
9,518 30
21,227 09
19,66853

August .

September

February
March

October. . .

November

Totals

483,658 68 1276,463 40 157,195 28

CARSON AND COLORADO RAILROAD.— This company was reorganized in Feb-
ruary, 1892, and a new board of directors elected, as follows : D. 0. Mills, Edgar Mills,
F. G. Xewlands, George Whitten, Thomas Bell Randall, Horace Hill, H. M. Lexington, and

1144 POOR'S MANUAL OF RAILROADS— SUPPLEMENT.

William S. Wood. It is proposed to extend the line from the present terminus at Keeler,
Cal., south 132 miles to Mojave, Cal., at the point of connection between the Southern Pacific
and the Atlantic and Pacific.

CARTHAGE AND ADIRONDACK RAILWAY.— The statement on page 100 that
the New York Central and Hudson River RR. Co. has purchnsed this road is erroneous ; the
road is neither owned nor controlled by the Central. C. F. Cox, New York City, succeeds K.
K. Sibley as President, and Allyn Cox, New York City, succeeds Andrews Spotts as Secretary
and Treasurer.

CENTRAL NEW ENGLAND AND WESTERN RAILROAD.— A controlling in-
terest in this company has been acquired by the Philadelphia and Reading- RR. Co., and the
following directors were elected in February, 1892 : A. A. McLeod, Howard Hancock, Thomas
H. Richards, William R. Taylor, A. H. O'Brien, Albert Foster, Daniel Jones, F. G. Oden-
heimer, Arthur Brock, W. W. Gibbs, C. Tower, Jr., John W. Brock, and Joseph F. Sinnott.
The following- officers were elected : A. A. McLeod, President ; Wiiiiam A. Church, Treas-
urer ; Daniel Jones, Auditor; William R. Taylor, Secretary. The Reading Company, it 'is
said, proposes to give for the $5,000,000 Poughkeepsie Bridge bonds $2,500,000 guaranteed
bonds and $1,750,000 second preference incomes. The same terms are offered for exchange of
the Central New England and Western first mortgage bonds, and the second mortgage bonds
are offered par for par in Reading first preference incomes. James K. 0. Sherwood was
appointed receiver about March 1, 1892, and toward the end of the same month he was
authorized by the court to issue 6 percent, receiver's certificates for $125,000. Interest on
the certificates is payable quarterly, and the principal, one year from date of issue.

CENTRAL RAILROAD AND BANKING CO. OF GEORGIA..— Directors (elected
May 16, 1892. — H. M. Comer, George J. Mills, Abr*m Vebburg, John K. Garnett, Joseph
Hull, Henry R. Jackson, Savannah, Ga.; Evan P. Howell, Atlanta, Ga.; Uriah B. Harrold,
Americus, Ga.; S. R. Jacques, Macon, Ga. ; Charles H. Phinzey, Augusta, Ga.; W. G. Raoul,
Charles S. Fairchild, New York, N. Y. ; Henry D. McDauiel, Monroe, Ga.

CENTRAL VERMONT RAILROAD (Supplementary Statement}.— Operations for
six months ending December 31, 1891. — Train mileage — passenger, 945.400 ; freight, 1,407,-
651 ; other, 636,425— total, 2,989,476 miles. Passengers carried, 1,294,788 ; carried one mile,
36,314,487. Tons freight moved, 1.695,399; moved one mile, 215,330,419. Earnings— pass-
enger, $843,125.40; freight, $1,667,176.35; mail and express, $82, 597,81 ; miscellaneous,
$8,737.30 — total, $2,601,636.86. Operating expenses — transportation, $1,015,897.41 ; motive
power and cars, $^46,185.50; maintenance of way, $273,042.33; general, $183,172.25— total,
$1,718,297.49. Net earnings, $883.339.37. Payments : Interest on bonds, $178,875.91 ;
rentals, $435,450.02 ; other payments, $108,436.04— total, $722,761.97. Balance, surplus,
$160,577.40. Directors (elected March 29, 1892).— Same as on page 108, with the following
addit'ons : W. S. Webb, Shelburn, Vt. ; John Bell, Belleville, Ont.; Robert Coit, New Lon-
don, Conn., and F. S. Stranahan, St. Albans, Vt. F. W. Baldwin succeeds James M. Foss as
superintendent, with office at St. Albans, Vt.

CHARLESTON AND SAVANNAH.— At a meetingfof the stockholders, held Febru-
ary 29, 1892, the old directors and officers were re-elected. The annual statement for the
year ending December 31, 1891, shows gross earnings, $719,377 ; expenses, $516,881 ; net
earnings, $202,496. Deduct interest, taxes and other' charges, $140,388. Surplus to profit
and loss, $62,108. A dividend of 6 per cent, on the 1st preferred incomes was declared, pay-
able April 1, 1892. At the same time the closing of the fiscal year was changed from
December 31 to June 30, and the time of holding the annual was changed to November. '

CHARLESTON, CINCINNATI AND CHICAGO RAILROAD.— It is officially
announced that a majority of the first mortgage bonds and capital stock of this company has
been deposited with the Boston Safe Deposit and Trust Co., Boston, Mass., and the Finance
Co. of Pennsylvania, Philadelphia, Pa., under the plan of reorganization of June 18, 1891.
For terms of this plan see pages 111 and 112. The portion of this road in Tennessee was
sold May 12, 1892, to satisfy contractors' liens, and was purchased for $200,000 by the re-or-
gauixation committee.

CHARLESTON, SUMTER AND NORTHERN RAILROAD.— In statement of
rolling stock on page 112 the 13 gondola cars referred to as being operated under mileage
contract should be included among those owned. The amount of 1st mortgage bonds out-
standing should be $2,082,000 instead of $2,083,000, as given on page 112. The New York
offices of the company have been changed to 16 Exchange Place.

CHATTANOOGA UNION.— A majority of the stock of this company has been
acquired by the Alabama Great Southern Ry. Co. The directors and officers are now as
follows : H. S. Chamberlain, President and Receiver; D. S. Anderson, Via -/'/rW, ,it ; <). I>.
Hurlbut, Secretary and Treasurer; E. S. Wells, C. L. Morrison, Chattanooga, Tenn.

CHATTANOOGA SOUTHERN.— Plans for the reorganization of this company are
under consideration, but have not as yet been carried into effect.

POORS MANUAL OF RAILROADS — SUPPLEMENT.

1145

CHICAGO AND ALTON RAILROAD.— Since the close of the fiscal year the stock-
holders have voted to issue £2, '200, 000 new common stock, for the purpose of retiring $2,-
383,000 1st mortgage bonds which mature January 1, 1893. The stockholders have the
privilege of taking the new stock at $114 per .share, payable to Cuyler, Morgan & Co., New
York City, be* ween November 15 and December 15, 1892.

CHICAGO AND ERIE RAILROAD. — Statement of gross earnings, by months, for
nine months ending March 31, 1892 :

Months.

Earnings.

Months.

Gross
Earnings.

1891 Julv

225 816 81

1892— January

23805602

•Yutrust

2o0.4S4 71

February

•J35.448 19

isfptvmber

:J32 613 83

March

•',74 65

October . .

0:>4.iM'.i :-j:.

Xoveinber

•-255 938 53

Total for 9 Month.* ^

» -J 251 189 13

December . . .

3U3.40r 04

CHICAGO AND GREAT WESTERN RAILWAY CO.— Organized in 1892 for the
purpose of acquiring and consolidating several properties ; and on April 25. 1892, leased for
H9 years from July 1. 1892, the Chicago, St. Paul and Kansas City Ky. The capitalization of
the C. & G. W. Ky. Co. is $30.000.000 each of 4 per cent, cumulative 1st preferred stock and
non-cumulative 5 per cent, preferred stock, together with $40,000,01)0 of common stock ;
total, $100,000,000. It is proposed to exchange into these securities the C., St. P. & K. C.
general mortgage bonds, the incomes, and the stock. A general mortgage bond will receive
$l,<80 in preferred stock ; an income bond will be assessed $150 in cash, for which cash
payment preferred stock will be given and the bond exchanged for $2,000 of common stock.
The $14,892,900 of common s-ock will be assessed $15 a share, receiving preferred stock for
the cash paid and exchanging for new common. The whole of the outstanding general 4's
have agreed to the plan. The first preferred stock authorized by the Chicago and Great
Western remains in its treasury, and" in time can be used in part t > retire the C.. St. P. & K.
C. first mortgage, and also for betterments.

CHICAGO AND SOUTHEASTERN RAILWAY (Revised Official Statement).— Main
line of road, Anderson, Ind., to Wavela-id Junction, 81 miles : Brazil Branch : Sand Creek
to Brazil, 19 miles— total, 100 miles. Sidings. 8 miles. Gauge. 4 ft. Si in. Rail (steel. 72
miles), 56 and 60 Ibs. Hist»ry. — Companv organized in 1891, and became the owner of all
the railway and property of the Midland Ry. Co., and took possession February 1, 1892. It
is intended to build an extension of 50 miles from Waveland Junction to Urbana. 111., during
1892. Rolling Stock. — Locomotive engines, 8. Cars — passenger, 4 ; combination, 2 : bag-
gage. 2 ; freight (box. 10 ; gondola, 60). 70 ; service, 10— total cars, 88. Operation*.— Not
reported. Financial Statement. May 1. 1802.— Capital stock authorized at the rate of $20,-
000 per mile ; amount outstanding — not reported. Funded debt consists of 1st mortgage 5
per cent. 30-year gold bonds, dated October, 1891, authorized at rate of $20,000 per mile of
main track — issued, $1,625.000. Bonds are secured on the entire railroad and equipment.
Of this issue $375,000 are reserved to take up a like amount of Midland (Ind.) Ry. Co.'s
bonds. Trustees, Central Trust Co., New York. N. Y., and Jt>sephus Collett. Directors. —
Not reported. HENRY CRAWFORD, P/v.v/Y////f, Chicago, 111. ; Henry Crawford, Jr., G> /" rni
Wimiger, Chicago, 111. ; H. Moore. Superintendent, Anderson, Ind." PRINCIPAL OFFICE AND
ADDRESS. Anderson, Ind.

CHELSEA BEACH RAILROAD.— In June, 1392, the directors of this company
voted to consolidate with the Boston and Maine RR. Co.

CHICAGO, KALAMAZOO AND SAGINAW RAILROAD (Supplementary State-
me nt<. — Earnings and expenses for year ending December 81, 1891 : Earnings — passenger,
$•-22,1)58.44; freight, §25,929.70; mail. $1,905.96; express. $703.71; other, $429.20— total,
|51,627.07. Operating: expenses — transportation, $15,794.10: maintenance of cars, and of
way, eic.. $11,153.21 ; general, $5,892.98— total, $32.840.29. Net earnings, $18,786.78.
From list of directors given on pp. 139, 140, omit Frederick Bush, deceased.

CHICAGO, KANSAS AND NEBRASKA RAILWAY.— In history of this company
on page 155, for "road sold under foreclosure in April, 1890," read "road sold under fore-
closure in April, 1891."

CHICAGO, MILWAUKEE AND ST. PAUL RAILWAY (Supplemental^ State-
.— Gross earnings for nine months ending March 31, 1892, $25.019.095.39. Operating
expenses and taxes, same period, $15,623,745.16. Net earnings, s9. 396. 350.23. Compared
with the corresponding period of la<t year the above figures show an increase in gross earn-
ing of $:],865,592.99 : in operating expenses, $1,783.751.55. and in net earnings, $2,081,-

1146

POOR'S MANUAL OF RAILROADS — SUPPLEMENT.

CHICAGO, PEORIA AND ST. LOUIS RAILWAY (Supplementary Statement).—
Grops earnings for six months ending December 31, 1891, $450,027.44. Net earnings, same
period, $127,708.00. The new 5 per' cent, consolidated mortgage bonds to which reference
is made on page 150, are dated June 1, 1891, mature June 1, 1941, interest payable June 1
and December 1, at the American Exchange National Hank, New York City. They are for
$1,000 each, in coupon form, with registration provision. They are secn'red upon all the
lines of the company, and upon any which may be constructed ; also upon the franchises,
lands, depots, equipment, and all the property of the company. Authorized issue limited
to $20,000 per mile of completed road. A sufficient amount is reserved to retire prior liens.
Trustee : Metropolitan Trust Co., New York City.

CHICAGO, ROCK ISLAND AND PACIFIC RAILWAY (Supplementary State-
ment}.—Operations for year ending March 31, 1892. — Train mileage — passenger, £,209,803 ;
freight, 9.58S.666 ; switching, 3,108,943 ; other, 803,145— total, 19.710,557 miles. Passengers
carried, 5,453,023 ; carried one mile, 218,913,492 ; average mile rate, 2.298 cents. Tons
freight moved, 6,796,671 ; moved one mile, 1,167,1.50,260 ; average tori-mile rate, 1.05 cents.
Earnings— passenger, $5,216,761.06 ; freight, $12,289,636.44; mail, $437,607.84; express
$332,103.26; rents, interest, etc, $177,002.11 ; car mileage, $227,289.99; telegraph lines
$9,674.88— total, $18,690,075.58. Operating expenses and 'taxes, $13,147,056.61. Net earn-
ings (29.66 per cent.), $5,543,018.97. Add other receipts: Land sold, $70,000; * interest
received from C., K. & N. Ry. Co., $52,200.49— total available revenue. $5,665,219.46. Pay-
ments : Interest on bonds, $2,813,325 ; rentals of leased lines, $774,180.54; rentals and tolls
Missouri River bridges, $143,857.76 ; dividend on stock (3 per cent.), $1,384,674 ; premium on
$36,000 5 per cent. Extension and Col. bonds purchased for account of sinking fund under
the mortgage, $625 — total payments, $5,116,662.30. Surplus for year, $548,557.16; surplus
forward, $270,615.06— total surplus as per general balance sheet, $819,172.22.

General Balance Sheet, March 31, 1892.

Cost, of Road and Equipment, includ. all
Br. Rds. owned

Cost of Railroad Br. at Rock Island

Cost of Southern Ext. (road in process
of construction south of Munci,
I. T.)

Cap. Stock and Bonds of Connect. Roads

Loans and Other Investments. . .

C., R. I. & P. Ry. Co. Cap. St'kon hand.

Six p. c. C. R. I. & P. Ry. Co. Mtge.
Bonds on Hand

C. R. I. & P. Ry. Co. 5 per cent. Ext.
Bonds on hand

S. F. 1st Mtge. Ext. & Coll. 5 p. c. Bonds

purchased.
Stock

of Material, Fuel, etc., on Hand.. .

Due from Post Office Department

Accounts Receivable

Cash and Loans (payable on demand) . . .

$97,586,593 22
758,526 10

354,130 30

8,755,640 35

527,565 06

12,100 00

400,000 00
747,000 00

169,000 00
1,206,137 08
108,5S1 23
904,349 53
563,058 39

Total Assets $112,092,681

Cap. Stk. fixed $50,000,000 ;
amount issued $46,155,800

Frac. Scrip outsrand'g con-
vertible into Stock... 200

Six p. c. Mtge. Con. Bonds. $4,730,000
Six p. c. Mtge. Reg. Bonds.. 7,770,000

Five p. c. Ex. Cou. Bonds. . 31,447,000
Five p. c. Ex. Reg. Bonds. . 4,405,000

Five p. c. Deb. Coup. Bonds $1,995,000
Five p. c. Deb. Reg. Bonds. 5,000

Chi. and So. W. Ry. Bonds, guaranteed
Addition and Improvement Account. .

Accounts Payable

Profit Balance of Income Account. . .

$46,156,000 00
12,500,000 00
35,852,000 00

2.000,000 00
5,000,000 00
8,213,000 00
1,552,509 04
819,172 22

Total Liabilities $112,092,681 .26

At the annual meeting, June 1, 1892, the old board of directors and officers were re-
elected.

CHICAGO, ST. PAUL AND KANSAS CITY RAILWAY (Supplementary State-
ment).— Rolling Stock, January 1, 1892. — Locomotive engines (owned, 97; leased, 50), 147.
Cars — passenger equipment (owned, 57; leased, 23), 80; freight equipment (owned. 2,671 ;
leased, 2,04n), 4,711; maintenance of way cars (owned), 295 — total cars (own^-d, 3,023;
leased, 2,063), 5,086. Statement of gross and net earnings for six months ending December
31, 1891.— Earnings— passenge-, $595,639.41 ; freight, $2,008,587.05 ; express, $35,447.4(5 ;
mail, $43,760.25 ; miscellaneous and rentals, $36,812.42— total, $2,720,246.59. Operating
expenses — Maintenance of way and renewals, 274,852.64 ; maintenance of equipment, $233-
248.65; transportation, $1,116,732.48 ; general, $279,769.92— total, $1,904,603.69. Net
earnings, $815,642.90. Deduct: Rentals, $218.202.85; taxes, $48,000; interest accrued,
$61,350.24— total, $327.553.09. Balance to credit of income account, $488,089.81. Surplus.
June 30, 1891, $1,143,898.68— total to credit of income account, December 31, 1891, $1,-
631,988.49. The property of this company was leased for a period of 99 years from July 1,
1892, to the Chicago and Great Western Ry. Co. See page 1145.

CHOCTAW COAL AND RAILWAY. — Trustee of the bonds of this company is the
Girard Life Insurance, Annuity and Trust Co., Philadelphia, Pa. Plans for the reorganiza-
tion of the company are now under consideration.

* This includes tbe month of April, 1891, only, as the road was purchased by this company under the fore-
closure, April 30, 1891.

POOR'S MANUAL OF RAILROADS — SUPPLEMENT.

1147

CINCINNATI, JACKSON AND MACKINAW RAILWAY.— Directors (elected
June 1, 1893).— Walston H. Brown, J. Kennedy Tod, K. T. Wilson, Samuel Thomas, Charles
McUhee, Frederic A. Brown, New York, N. Y.; F. B. Drake, Toledo, O.

CINCINNATI, NEW ORLEANS AND TEXAS PACIFIC RAILWAY (Supple-
mentary Statement). — Earnings and expenses for nine months ending March 31, 1892.

Earn i ngs.— Passenger. . . «71.V,>t;r 74 Expenses.— Transportation $910,896 09

Freight 2,436,75890 Motive Power 580,66240

Mail ..

Expre-
Miscellaneous.

79.053 11
61,641 24
24,582 97

Maintenance of Way 406,223 36

MMinterance of Care
General.

288,517 94
227.356 63

Total Earnings $3,317,303 96 Total Expenses $2,413.C56 42

CINCINNATI, WABASH AND MICHIGAN RAILWAY.— The registrar of stock
of this company is Drexel, Morgan & Co., New York Citv. Directors (elected April 13, 1892).
— J. Pierpont Morgan, Geo. Bliss, C. M. Depew, C. Vanderbilt, H. McK. Twombly, J. D.
Layng, \V. P. Anderson, M. E. Ingalls, Jas. Barnett, Amos Townseud, Berij. S. Brown.

CLARENDON AND PITTSFORD RAILWAY.— Addendum : To list of directors
given on page 166, add Redfield Proctor, Proctor, Vt., and VVm. R. Page, Rutland, Vt.

CLEVELAND, AKRON AND COLUMBUS RAILWAY (TELE).— Erratum : The
mileage of steel rails given on page 166 should be 199.99 miles, instead of 183.94 miles. Sup-
plementary Statement. — Comparative statement of earnings and expenses for nine months
ending March 31, 1892 and 1891 :

1892

1891

1892 1891

Earnings :
Passenger

218 935 15 207 486 65

Effuses :
Transportation

265.50686 240,70840

Freight . .
Coal .

314,086 54 291,321 ?9!
132 971 13 115 473 70|

Maintenance of Way, etc
Maintenance of Equipment. . . i

110.236 10 121.222 14
93,38770 78.99372

Mail.

11 774 82 11 911 00!

General 1

49,756 70 50.444 93

20 X*vl 09 18 Si4fi 13

Miscellaneou *

10 877 58 ' 21 267 97

Total Expenses

518.88736 491,369 19

Net Earnings ...

190.31188 174.63825

Deductions :
Rentals— Main Line
" Dresden Branch
" of Equipment
Taxes

20.868 10 15.704 64
8.795,76 12.265 22
12.47454
18.30000 16.60853

Interest and Exchange

93,94457 81,78437

Total Deductions

141 908 43 138 837 30

Total Earnings . . .

709,19924 666,00744

Balance Surplus

48 403 45 35,800 95

General Balance Sheet, March 31, 1892.

Liabilities.

Capital Stock $4,000,000 00

Equipm't Trust & 2d Mtg. 6 p. c. Gold B'ds 600,000 00 '

General Mortgage 5 per cent. Bonds. . . 1,755,000 00

Accrued Interest 13.312 50 i

Accrued Taxes 4,419 98

Bills Payable 39,265 50

Current Accounts 96.668 19

Contingent Liabilities 31,378 92 '

Gross Earnings 709,19924

Appropriat'n from Rer. for CapM Purposes 67,430 69
Permanent Betterments 7,609 12

2,54484
50,000 00
50,000 00
58,649 95
99,23246
29.533 78

Assets.

Cost of Railway and Property $5,552.816 81

Cost of Equip, added since Organiz. of Co. 790,733 64

Real Estate

Akron Union Pass. Depot Co. 6 p. c. Bonds
Akron Union Pass. Depot Co. Capital Sfk

Material and Fuel on Hand

Current Accounts

Cash on Hand and in Transit

Operating Expenses 518.88736

Rentals 29,663 86

Union Depot, Akron Construction Account 12,783 68

Interest 93.944 57

i Taxes 18,313 00

Bridge Renewal Suspense Account 14,213 54

Injuries to Individuals, Suspense Account. 2,966 65

Total Liabilities $7,324,28414 Total Assets $7,324.28414

CLEVELAND, CANTON AND SOUTHERN RAILROAD.— Consolidation in May,
1892, of the Cleveland and Canton, the Waynesburg and Canton, the Cleveland, Chagrin
Falls and Northern, and the Cleveland, Canton and Southern RR. Cos., under the above
title. The new company assumes all the debts, liabilities and obligations of all kinds and
descriptions of all the old corporations, and has taken possession of all their railroads and
properties. The directors and officers of the old Cleveland and Canton RR. Co. (see page
168) became the directors and officers of the consolidated company. The preferred stock
of the Cleveland and Canton RR. Co. becomes the preferred stock in the new consolidated
company, share for share, without exchange of certificates, and the common stock of the
C. & C. RR. Co. becomes the common stock in the new company, share for share, without
exchange of certificate?. The preferred stock of the Cleveland, Canton and Southern RR. Co.

1148

POOR'S MANUAL OF KAILEOADS — SUPPLEMENT.

becomes of the same value as the Cleveland and Canton preferred. " It is proposed to issue
a new first consolidated 50-year 5 per cent, 'mortgage upon the entire property at the rare of
$26,000 per mile, and all holders of any of the securities of the aforesaid corporations form-
ing this union will have the privilege of exchanging their bonds for the new first consolidated
mortgage bonds."

CLEVELAND, CINCINNATI, CHICAGO AND ST. LOUIS RAILWAY.— Com-
parative statement of earnings, expenses, etc., for nine months ending March 31, 1892 and
1891 :

Nine Months end'g Mar. 31.

1892

1891

Nine Months end'g Mar. 31.

1892

1891

Earnings.— Passenger.

2,901,982 75

2,745,847 21

Net Earnings

3,097,691 90

2 931 197 87

Freight

6 965 511 36

6 613 865 1°

Mail. .

256,843 09

251 587 99

Deductions from Income.

Express. ..

211, 051 40

214,395 86 '

Interest on Bond*

1 722 742 70

1 544 834 07

Rents

175,245 21

181,416 79 (

Rentals

201 731 59

396 677 19

Total

10,511,173 81

10,006,912 97

Total

1 92-1 474 2<t

1 941 511 26

<5PQ J?Dfi f>1

Total Operating Expenses.

7,413,481 91

7,075,715 10

Expenses to Earnings

70. 52 p. C.

70. 70 p. c.

COLUMBIA, NEWBERRY AND LAURENS RAILWAY.— The lease of this road
to the South Carolina Ry. Co. having expired, it is reported that it will hereafter be operated
in connection witli the Atlantic Coast Line.

CONNECTICUT RIVER RAILROAD (Supplementary Statement of earnings, etc.,
for nine months ending March 31, 1892). — Earnings— passenger, $371,539.94 ; freight, $456,-
581.56 ; mail, $11,872.80 ; express, etc., $13.932.04— total, $853,926.34. Operating expenses,
$553,245.65. Net earnings, $300,680.69. Add other receipts : Rents. $8,981.58 ; interest,
$16,950.55; miscellaneous, $6,857.79 — total available revenue, $333,470.61. Charges against
revenue : Interest, $18,305.45 ; rentals, $39,738.83— total, $58,044.28. Balance applicable
to dividends, $275,4*26.33.

CUMBERLAND AND PENNSYLVANIA RAILROAD.— Errata : In statement
of this company on page 712, the sentence, "The company also holds as cash assets $100,000

1st mortgage bonds in 1875" should read : " The company also holds as cash assets

$100,000 mortgage bonds in 1875." In " Financial Statement" on same page " funded

debt" and " total " should be, respectively, $2,100,000 and $12,350,000, instead of $2,120,000
and $12,370,000. In list of directors on page 713, omit John R. Seemuller, and add George
de B. Keim, Philadelphia, Pa.

DENVER AND RIO GRANDE RAILROAD.— Comparative statement of earnings
and expenses for nine months ending March 31, 1892 :

Nine Months ending March 31.

1892.

1891.

INCREASE.

DECREASE.

tri'ops Earnings

6 745 487 21

S
6 797 988 20

52 500 99

Operatin^ Expenses

3 849 463 32

4 200 (59(5 13

351,232 81

^Net Earnings

2 S')6 023 81

2 597 292 07

298 731 82

Percentage of Expenses

57.06 p. c.

61. 79 p. c.

: p. c.

There has been no change in the funded debt, capital stock, or mileage since the close of the fiscal year.

DENVER, APEX AND WESTERN RAILROAD.— It is reported that this com-
pany has recently executed a mortgage to the Central Trust Co.. New York City, to secure an
issue of $2,000,000 bonds, to provide means to build the road from Denver to Georgetown,
Col., a distance of 70 miles.

DBS MOINES AND NORTHERN RAILROAD.— The date of the consolidation of
this company with the Des Moines and Northwestern Ry. Co. is January, 1892, not Augn>t.
1891, as stated on page 205.

DES MOINES AND NORTHWESTERN RAILWAY.— The date of the consolida-
tion of this company with the Des Moines and Northern R.R. Co. is January, 1892, not
August, 1891, as stated on page 206.

DES MOINES UNION RAILWAY.— Errata: In statement of this company on page
207, " Expenses during 1890-91 " should be $163.959.13, instead of $106.597.29. "Excess of
assets" in financial statement, should be $6,883.98, instead of $8,224.47.

POOR'S MANUAL OF RAILROADS — SUPPLEMENT.

1149

DETROIT, GRAND HAVEN AND MILWAUKEE RAILWAY (Supplementary

,-tient). — Operations for year ending December 31, 1891. — Train mileage — passenger,
418,048: freight, 549,567; other, 411,206— total, 1,878.821 miles. Passengers carried one
mile 20 306,201. Tons freight moved one mile, 54,318,278. Earnings — passenger, $476,-
186.31 ; freight, $666,269.52; mail and expiess, $28,280.10; other, $10,126.57— total. > -
195,862.50. Operating expenses, $893,955.60. Net earnings. $301,906.90. Paid interes-t on
bonds. $312.000; other interest (net), £46.732.22— total, $358,723.32. Balance deficit, $56,-
816.42, paid by the Grand Trunk Ry. Co.

DICKERSON RUN AND YOUGHIOGHENY NORTHERN RAILROAD.— The
statement appearing under this name on page 489, is enoneous ; the same belongs to the
You^hioo-heny Northern RR. Co. (See General Index.) There is no such company as the D.
R.4Y. N.

DULUTH, SOUTH SHORE AND ATLANTIC RAILWAY.— Gross earnings
for three months ending March 31, 1892, $439,595.91. being an increase of $75,401.15,
over the corresponding period in 1891.

DUTCHESS COUNTY RAILROAD.— This railroad, extending from Poughkeepsie
to Hopewell Junction, X. Y., 13 miles, was opened May 21. 1892. It connects (at Hope-
well) with the Xewburgh, Dutchess and Connecticut RR., and with the New York and New
England RR.. giving both roads an outlet over the Poughkeepsie Bridge, through a connection
near Poughkeepsie with the Central New England and Western. The road will be under
the control of the Philadelphia and Reading.

EAST TENNESSEE, VIRGINIA AND;GE9RGIA RAILWAY.-Jfcftod Board
of Directors — W. G Oakman. Samuel Thomas. New York. N. Y. ; Calvin Br.ce, Lima, O. ; H.
0. Fahnestnck, (i. S. Scott, W. P. Clyde, C. M. McGhee, John G. Moore, George J. Gould,
John Greenough, T. M. Logan, Jfctne* SWftnn, R. G, Erwin. New York. N. Y.; E. P. Howell,
Atlanta. Ga.: E. J. Sanford, Knoxville, Tenn.

ELGIN, JOLIET AND EASTERN RAILWAY (Snj)pZemfnt>iry
aticms for nine months ending March 31, 1892. — Gro.-s earnings, $621,391.11 (increase $14?.-
Si-9.01). Expenses and taxes, x400,363.31 (increase, $76,684>>2). Net earnings, $221,027.80
(increase, $70, 824. 49 1

ELIZABETHTOWN, LEXINGTON AND BIG SANDY.— The terms of exchange
of first mortgage* sixes of this company for new 4i per cent, geld bonds of the Chesapeake
and Ohio have been modified, giving the bondholders the option of accepting the original offer
or of paying an assessment of $5 per bond and surrendering all claim for interest up to July
1, 1892. continuing their present holdings, but at the reduced rate of 5 per cent., or, in case
of foreclosure and reorganization, accept new 5 per cent, bonds of similar character and lien ;
the Chesapeake and Ohio in either case guaranteeing principal and interest from July 1, 1892.

EVANSVILLE AND RICHMOND RAILROAD.— This cornpaify has recently made
an issue of $1,400,000 (being part of an authorized issue of $2,000.000) 1st general mortgage
5 per cent, gold bonds, dated October 1, 1891. due September. 1931, interest payable March
and September. They are .$1,000 each, coupon, but principal can be registered. Principal
and interest absolutely guaranteed (by endorsement on each bond), by the Evans\il!e and
Terre Haute R.R. Co. The amount issued ($1,400.000) is secured on line from Elnora to
Westport, 102 miles, with 10 miles bf coal spurs — a total of 112 miles; the remaining
$600.000 being reserved for the purpose of extending the road from its present terminus at
Westport, Ind.. to Richmond. Ind., a distance of about 60 miles. The amount outstanding
can never exceed $12,500 per mile of completed road — or $2,000,000 in the aggregate.
Trustee, Farmers' Loan and Trust Co., New York City.

EVANSVILLE AND TERRE HAUTE RAILROAD (Supplement, try M«t<ment).—
Comparative statement of earnings and expenses tor six months ending December 31, 1891 :

Six Months ending Dec. 31.

1891

1890

Six Months ending Dec. 31.

1891 1890

Earrdiiris :
Pa«ei)°rer

8

148,102 68
411.90388
8,00164
11.06000
36,901 33
46,83982

$

135,527 08

8,234 09
11,060 00;
27..=>0481,
36,90344

**$ :
Maint. of Wav. etc
Maint. of Equipment
Transportation

* $
62.399 67 49.997 55
51.091 Til :.

41.574 2« 49.-K-37S

Freight"

Mail

Express

General

Car Service

Total Expense*

Miscellaneous

292,152.% 287,44970
370,656 49 294.68265
113,40000 107.77500
16,278 W 4,912 00
16,41597 16.97343

Total Earning

Net Earnings

fixed C/iaff/tf: Interest on Bonds
Interest on Debt..
Taxes

Total Fixed Charges

146.09466 119.83643
224.5(31 83 174.846 22

662,80935

582.132 41

1150

POOR S MANUAL OF RAILROADS — SUPPLEMENT.

'• This company, partly from the large earnings of the present year, and by disposing of
a portion of the securities in its treasury, has reduced its floating debt by $1,140,000, the
floating debt being on May 1, 189'>, $300,000, as against $1,440,000 on June 30, 1891, and
funds are on hand with which to retire the existing debt as it matures. The company own
600 acres of the choicest coal lands in Sullivan County, which are becoming more valuable
each year."

FALL RIVER, WARREN AND PROVIDENCE RAILROAD.— This road was
purchased by or in the interest of the Old Colony RR. Co. on May 9, 1892.

FLORIDA SOUTHERN RAILROAD.— Reorganization of the Florida Southern Ry.
Co., whose property was sold under foreclosure March 7, 1892. This road will be operated
by the Jacksonville, Tampa and Key West Ry. Co. The following are the directors of the
new company (F. S. RR. Co.). — Robert H. Coleman, Cornwall, Pa. ; Jacob Edwards, Frank
Q. Brown, John W. Gaudier, Robert J. Edwards, Boston, Mass. ; H. M. Flagler, Chayles C.
Deming, New York, N. Y. ; Archibald Rogers, Hyde Park, N. Y. ; Henry T. Kendall,
Reading, Pa.

FLORIDA SOUTHERN RAILWAY.— '1 his ruad was sold under foreclosure sale
March 7, 1892, and purchased by Frank Q. Brown and Henry D. Hyde, acting as a purchas-
ing committee for the bondholders, in the interest of the Jacksonville, Tampa and Key West
Ry. Co. Reorganized as the Florida Southern RR. Co. (See above.)

FORT PAYNE AND EASTERN RAILROAD.— Directors (elected March 8, 1892).
— W. P. Rice, F. H. Tob«y, A. B. Green, M. W. Howard, W. T. Dunn, J. O. Carr, Fort
Payne, Ala. ; H. A. Beidler, Chicago, 111. ; Horatio Adams, Boston, Mass. ; Edwin Stone,
Biddeford, Me. Officers: W. P. RICE, President, Fort Payne, Ala.; Horatio Adams, Vice-
President, Boston, Mass. ; F. H. Tobey, 2d Vice-President,* Fort Payne, Ala. ; W. T. Dunn,
Sec. & Treas., Fort Payne, Ala. ; W. T. Carley, Gen. Superintendent, Fort Payne, Ala.

GALVESTON AND WESTERN RAILWAY.— This road is reported to have been
recently purchased by H. D. Perky, and will hereafter be operated by the Galveston Termi-
nal Ry. Co. The gauge will be changed to the standard width.

GEORGIA MIDLAND AND GULF RAILROAD.— The corrected address of the
president of this road is 291 Broadway, New York, N. Y. (See page 249).

GEORGIA RAILROAD AND BANKING COMPANY.— Errata : The mileage of
steel rails in track on June 30, 1891, was 280.07 miles. Revised Train Mileage, year end-
ing June 30, 1891— passenger, 566,505; freight. 741 ,594; mixed, 154,201 ; other, 294,303— total,
1,756,603 miles. Earnings from freight, mail and express given on page 250, should be
$1,348.388.11 instead of $1,348,388. On page 251, in paragraph beginning "Dividends," for
March 21, 1891, read March 31, 1891. In the 8-year table on page 251, under 1884, " Net
Income" should be $601,254 instead of $601,354, and under 1885 *• Balance" should be
$434,279 instead of«$424,279. In list of directors given on page 252, Jacob Phinizy, Augusta,
Ga., succeeds Boykin Wright.

Supplementary Statement. — Comparative statement of earnings and expenses for ten
months ending April 30, 1892 and 1891 :

Ten Months ending
April 30.

1892.;

1891.

Ten Months ending
April 30.

1892.

1891.

Earnings— Passenger. . .
Freight

$405,801 25
929,532 58

$461,752 66
$1,153,054 70

Gross Earnings— Forward. . .
Expenses.

$1,380,897 83
1 086 309 34

$1,660,610 75
1 035,767 56

Mail

28 553 40

28 444 00

Express

17 010 60

17 359 39

j Net Earnings

294 588 49

624,843 19

Other Receipts

61,685 00

60,618 00

Total Earnings

$1 380 897 83

$1,660 610 75

i Net Income ....

356 273 49

685,461 19

GEORGIA SOUTHERN AND FLORIDA RAILROAD.— Errata : " Sidings, etc.'
given on page 252, should be 26.6 miles instead of 12 miles. Revised Statement of Rolling
stock, June 30, 1891 : Locomotive engines, 29. Cars, passenger, 13 ; baggage, mail and
express. 12; freight (box, 387 ; platform, 586 ; stock, 10 ; caboose, 14), 997; service cars, 2 —
total cars, 1,024. The " Financial Statement " given on page 252 is that of June 30, 1891,
not June 30, 1890, as stated. Supplementary Statement: Earnings and expenses from July
1 1891, to April 30, 1892 :

Earnings. -Passenger $174,763 17

Freight 419,031 78

Mail and Express 33,464 11

Miscellaneous 22,315 06

Expenses.— Maintenance of Way $77,362 £2

Maintenance of Equipment 81,739 (i9

Conducting Transportation 212,506 24

General 58,371 80

Total ($2,279.21 per mile) $049,574 12 Total ($1,508.70 per mile) $429,979 95

Net earnings (33.8 per cent), $219,594.17. Payments : Interest on bonds, $171,000 ;
.taxes, $9,405.20— total, 180,405.20. Balance, surplus, $39,188.97.

POOR'S MANUAL OF RAILROADS — SUPPLEMENT. 1151

GRAND RAPIDS TRANSFER AND JUNCTION RAILROAD. — Directors
(elected June 7, 1892), Franklin B. Wallin, Thomas S. Wallin, Van A. Wallin, \Vm. A.
Hayes, Win. T. Bentley, Grand Rapids, Mich.

GREAT NORTHERN RAILWAY LINE. — Statement of approximate gross earnings
for ten months ending April 30, 1892 :

DlVt-IoN-.

Gross Earnings.

Increase.

•

11,252,748 35

3 290 517 77

Eastern Rv of Minnesota

1,054,018 51

440.477 74

1,017,328 82

Dec. 16,543 78

Total* for System ....

13,324,095 68

2.714.451 73

GREAT NORTHERN RAILWAY.— Under date of March 22, 1892, this company
issued a circular to its stockholders, of which the following is an extract:

"Prior to the execution of the lease of the St. P.. M. & M. Ky. to this company, it was contemplated that
the lines of that company should be extended to a suitable point on Puget Sound, and provision was made in the
lease for the construction of this extension and the issuance of securities by the lessor to cover its cost. Pursuant
to the terms of the lease, the lessor authorized the creation of its Pacific Extension Mortgage to secure an issue
of bonds to the aggregate amount of £6,000,000. bearing 4 per cent, interest, running fifty /ears from July 1, 1890,
principal and inferest payable in gold : and your company has entered into a contract with St. P., M. & M. Ry.
Co. to construct this extension for the proceed? of said bonds. Construction was commenced in the summer of
1890, and the line is now nearly completed to Spokane, Washington. The remainder of the line is located and
i< now practically all under construction.

••Your directors consider it proper that such method shall be adopted to provide the necessary funds to
complete this work as will secure to you a futher interest in the property. They have therefore resolved to create
a mortgage to secure $15.000,000 bonds, and as collateral security therefor, to deposit with the trustee of said
mortgage £3.000,000 of the Pacific Extension 4 per cent, gold bonds, of St. P.. M. & M. Ry. Co. The bonds are
to run 10 years, from September 1, 1892. to bear interest at the rate of 4 per cent, per annum, payable semi-annu-
ally on the first days of March and September, principal and interest payable in gold.

" This company reserves, in this mortgage, the right to redeem, at its option, at anytime after September
1, 1893, any or all of the bonds issued thereunder, at par and accrued interest, upon giving three months public
notice of its intention so to do, by advertisement published twice a week in two newspapers of good circulation
in the City of New York, and one iu the City of St. Paul, Minnesota.

•• The opportunity is now offered to the stockholders of this company of record at the close of business April
25, 1892. to subscribe, pro rata, for the bonds to be issued, nt the price of 72£ per cent, of their par value.

" Stockholders will be entitled to subscribe for an amount of bonds equal to 75 per cent, of their holdings of
stock, and the purchase price thereof will be payable in five equal instalments, as follows : May 11, July 1, Sep-
tember 1, November 1, and December 21, 1892." Instalments may be prepaid on any of the above date's, at the
option of subscribers, and a rebate of interest will be allowed on such prepayments, at the rate of three per cent,
per annum. Negotiable receipts will be issued for payments as made, and these receipts will be convertible into
bonds on payment of the final instalment.

"The bonds will be issued of the denomination of $1,000 each, without registration provision. Stock-
holders whose holdings will entitle them to fractions of a bond, will receive negotiable receipts for their pay-
ments, convertible into bonds when presented in sums of §1,000 or multiples thereof."

GREEN BAY, WINONA AND ST. PAUL.— The plan of reorganization, dated
February 24, 1892, provides for an issue of $2,500,000 consolidated mortg«ge 5 per cent, gold
bonds, dated August 1, 1892, and maturing in 1911, with coupons payable February and
August ; and $3,781,000 2d mortgage income 4 per cent, coupon bonds, dated August 1, 1892,
aud due in 1906. The new consols will be issued at the rate of $1,210 for every $1,000 old
1st mortgage bond, with overdue interest to August 1. 1892 ; $1,180 for every $1,000 funded
interest bonds, with overdue interest to August 1, 1892 ; and $74,900 in exchange for $70,000
outstanding Green Bay, Steven's Point and Northern 1st mortgage 7 per cent, bonds, includ-
ing overdue interest on same. Old incomes will receive par iu new incomes, or, at the option
of the holder, the old bonds will be stamped 4 per cent., if earned, and returned. Stock-
holders having paid assessments under the plan of July 15, 1889, to receive back their old
certificates, or share for share in stock of a new company. Preferred will be entitled to 5
per cent, non-cumulative, and to an additional 2 per cent, after payment of 5 per cent, on
common, after which all surplus earnings applicable to dividends go to common. The
Farmers' Loan and Trust Co. is trustee of the new bonds.

HOUSTON AND TEXAS CENTRAL.— Waco and Northwestern IHvision.— A final
decree was entered March 16, 1892, foreclosing the mortgage and ordering the sale of the
road and other property of the Waco and Northwestern Division. The amount of interest
due to March 15, 1892, is $618,982.75, and $1,112,900 is owing upon unmatured bonds. The
Bondholders have appointed a purchasing committee, consisting of Charles Moran, William
J. Quinlan, and Henry K. McHarg, of New York.

HOUSTON, EAST AND WEST TEXAS RAILROAD.— In the Texas State Court
at Houston. Tex., on April 7, 1892, a decree was entered ordering the sale of the read on
August 7, 1892.

HUTCHINSON AND SOUTHERN RAILROAD (Supplementary Statement}.— Line
of Road : Hutchinson, Kan., to State Line Kansas and Indian Territory, 82.20 miles. Earn-

1152 POOR'S MANUAL OF RAILROADS — SUPPLEMENT.

ings for year ending June 30, 1891 — passenger, $17,539.04; freight, $29,812.98 ; mail, $2,-
535.34; express, $1,388.41; other, $6,043.79— total, $57.319.56. Operating ex p.
transportation, $29,016.61 ; maintenance of way, etc., $14,853.81 ; of equipment, s4,s;j7.i;s :
general, $5,224.46— total, $54,832.56. Net earnings, $2,487. Paid interest on bonds, $3,800 ;
taxes, $5,145.62— total, $8,445.62. Deficit for year, $5,958.62. There has been no change
in financial statement, etc., from that given on page 279.

INDIANAPOLIS AND VINCENNES RAILROAD.— The 1st and 2d mortgage
bonds of this company are guaranteed, principal and interest, by the Pennsylvania RR. Co.,
and under the lease assumed by the Pennsylvania Co. •

INDIANAPOLIS, DECATUR AND WESTERN.— The agreement between the
bondholders of this company proposes that, in the event of the purchase of the road in their
interest, a new corporation be organized with a capital of $3,250,000 common stock, $500, OoO
4 per cent, non-cumulative first preferred stock, $3,000,000 6 per cent, non-cumulative second
preferred stock, and $2,200,000 first mortgage 5 per ceni. 50-year gold bonds, bearing inter-
est from October 1, 1891. Old 1st mortgage 7 per cent, bonds will receive an amount equal
to principal and overdue interest in new bonds ; old first mortgage 5 per cent, bonds will re-
ceive an amount equal to principal and overdue interest in first preferred stock, and 25 per
cent, of the principal in second preferred stock ; old seconds are assessed 1 per cer.t. and re-
ceive dollar for dollar in second preferred stock, and first preferred stock to the amount of
the assessment ; old incomes are assessed 2 per cent, and receive 125 per cent, in common
stock and an amount of first preferred stock equal to the asse.-sment ; and finally old stock
amounting to $290,000, which has already paid an assessment, will receive dollar for dollar
in common stock.

IOWA CENTRAL RAILWAY. — Statement of operations, earnings and income ac-
count for nine months ending March 31, 1892. — Miles RK. operated, 497.60. Train mileage
—passenger, 400,808 ; freight, 945,381— total, 1,346,189. Passengers carried, 459,919 ;
carried one mile, 10,167,990.

EAKNINGS AM) KXl'KNSES. InCOflW ACCfJItnt.

Earnings— Passenger $363,579 45 Gross Earnings $1,486,55(5 92

Freight l,17fi. 3.V2 3S Expenses-ami Taxes 1,060,231 87

Mail 82,77868 Net Earning 426.:5-..T> 05

Express 10.874 97 I Oilier Receipts 10.7<;i» 9S

Miscellaneous 2,971 44 I Available Revenue 437.0U5 03

Interest Paid 249.1 17-' 32

Total 1,486.556 92 I Rentals 38,070 00

I Balance + or— + 149.352 71

/•>//<>/?*<?£— Transportation 472,11201 | Earnings per Mile 2.9^7 14

Motive Power and Cars 131,232 99 Expenses per Mile (including taxes) 2.130 69

Maintenance Way & BldgS... 306,44283 Net Earnings per Mile 30015

General 1101415 09 Expenses to Earnings 71. 32 p. c.

Taxes 40,028 95 Average rate per Pass, per Mile 2.59 cents.

Total 1,060,231 87

JACKSONVILLE, LOUISVILLE AND ST. LOUIS RAILWAY (Supplementary
Statement).— Gross earnings for six months ending December 31, 1691, $190,964.66. Net
earnings same period, $65,555.62.

JUNCTION RAILROAD. — Statement of Operations for the year ending February 29,
1892.— Earnings — tolls on cars, $202,894.41 ; rents, $36 ; miscellaneous, $1,165.23 — total,
$204,095.64. Operating expenses — transportation, $9,937.95 ; motive power, $60,868.33 ; main-
tenance of way, $32,241.65 ; general, $1,212.04— total, $104,259.97. Net earnings (48.92 per
cent.), $99,835.67. Add interest received, $1,826.26— total revenue, $101,661.93. Payments :
Interest on bonds, $37,125; dividends (40 per cent.), $100,000; taxes, $14,087.75— total,
$151,212.75. Deficit for year, $49,550.82. Financial Statement, February 29. 1892.— Capita]
stock (par, $50), $250,000 ; funded debt, 1st mortgage 44- per cent. $1,000 coupon bonds,
due July 1, 1907, interest January and July (authorized, $500,000), $425,000 ; 2d mortgage 0
per cent. 35-year $1,000 coupon bond*, due April 1, 1900, interest April and October, *:!<)(>,-
000 ; current accounts, $11,576.47 ; profit and loss, $151,974.76— total, $1,138,551.23. Con-
tra. : Cost of construclion, $1,034,829.40; current accounts, $24,207.72; bills receivable,
$50,000 ; cash on hand, $29,514.11. There are no material changes in mileage, directors, or
officers from information given on pages 299 and 300.

KANSAS CITY AND INDEPENDENCE AIR LINE (Revised Statement}. — lAnc
of Road : Junction, K. C., Suburban Belt RR., 5.35 miles, from Kansas City, Mo., to Inde-
pendence, Mo., 5.6 miles. Locomotive engines, 4. Capital stock, $300,000 ; funded debt
(1st mortgage 5 per cent, bondu), $300,000— total stock and bonds, $600,000. See pag»- Tod.

KANSAS CITY, EL PASO AND MEXICAN RAILROAD.— This road has recently
been reported purchased by Jay Gould. It is proposed to change the name to the Kl I'MSO
Northern RR. .Co., and to extend the line to White Oaks, N. M., thence to Washbutne.
Texas, and to Kiowa, Kan., to connect at the latter place with the Missouri Pacific Ry.

POOR'S MANUAL OF RAILROADS — SUPPLEMENT.

1153

KANSAS CITY, NEVADA AND FORT SMITH RAILROAD.— The stockholders
have recently authorized an increase of capital stock from $800,000 to $2,000,000 to provide
means for building an extension from Hume to a point on the M. K. & T. Ry., between Jop-
lin and Carthage, Mo.

KANSAS CITY, WYANDOTTE AND NORTHWESTERN RAILROAD.— Erra-
tum: The corrected mileage of steel rails on June 30, 1891, was 171.8 miles. Supplementary
Statement. — Statement showing, hy months, earnings, expenses, etc., for nine months ending
March 31, 1892:

MONTH,. |*££.

Freight
Earn'gs.

Other
Earn'gs.

Opera'g
Expens.

MONTHS.

Passer.
Earn'gs.

Freight ' Other
Earnings. Earn'gs.

Operating
Expenses.

1891-JuIv

11,191 63
10.846 4-2
11.78246
12,053 74
9,262 31

•
10,713 85
14,354 81
17.870 63
19,377 21
22,207 85

s

1.641 33
1,33057
1,95498
1,90489
44960

30.761 88
32,579 37
29.577 99
33.956 53
40.343 19

1891 -December. . .
1892-January
February
March

Total*

10.532 04
8.848 81
9,217 19
9,758 70

25,353 43
18,990 75
16,705 15
19.637 65

S

1,418 82
1,39986
53329
94998

S

33,206 48
28,641 81
27,869 07
29,462 95

August
September . .
October
November. ..

93,493 30i 165,211 33

11,58332

286,399 27

Earnings— passenger, $93,493.30; freight, $165,211.33; other, $11,583.32— total, $270,-
287.95. Operating expenses, $286,399.27. Deficit, $16,111.32. The following directors and
officers were recently elected : Directors : George C. Smith, David Martin, W. P. Waggener,
J. \V. Orr, B. P. Waggener, David Kelso, C. M. Rathburn, J. \V. Waggener, E. G. Merriam,
George J. Gould, Elijah Robinson, A. H. Calef, Guy Phillips. Officers : George C. Smith,
President; David Martin, Vice-President ; \V. P. Waggener, Secretary and Treasurer.

KENTUCKY AND SOUTH ATLANTIC RAILROAD.— It is reported that this com-
pany has executed a mortgage to Walter S. Kelley and Charles H. Bond, of New York,
X. Y., as trustees, to secure an issue of $3,000,000 bondf, of which $110,000 are to be deliv-
ered at once, and the remainder at the rate of $20,000 per mile of constructed road. It is
proposed to broaden the gauge to the standard.

KENTUCKY UNION RAILROAD (Reused Statement}.— Line of Road: Lexington,
Ky., to Jackson, Ky., 94 miles. Sidings, 12 miles. Gauge, 4 ft. 9 in. Rail (steel), 63 Ibs.
This road has been operated since February 11, 1891, by Hamilton F. Kean as receiver. For
history, etc., see page 315. Rolling Stock. — Locomotive engines, 7. Cars — passenger, 6 ; bag-
gage, 2 ; freight (box, 130 ; platform, 209 ; coal, 24 ; caboose. 4 ; work train cars, 3), 370 —
total cars, 378. From list of directors given on page 315, omit the names of A. P. Humphrey
and Geo. M. Davie.

KEOKUK AND NORTHWESTERN RAILROAD.— This road was sold to the St.
Louis, Keokuk and Northwestern RR. Co., on April 29, 1889.

KEOKUK AND WESTERN RAILROAD.— The following information (as of Decem-
ber 31, 1891) supplements that given on page 316: Sidings, 19.47 miles. Rolling Stock:
Locomotive engines, 13. Cars — passenger, 7 ; baggage and mail, 2 ; freight (box, 517 ; coal,
245 ; stock, 156 ; flat, 9 ; caboose, 8 ; refrigerator, 2), 937 ; ditching, 1 ; tool, 1 ; wrecking, 1 ;
pile driver, 1 — total cars, 950. Operations for year ending December 31, 1891. — Train mile-
age—passenger, 148,676 ; freight, 163,533 ; other, 86,074— total, 398,283 miles. Passengers
carried, 180.789 ; carried one mile. 3,543,628 ; average mile-rate, 2.71 cents. Tons of freight
moved, 250,597 ; moved one mile, 16,982.510 ; average ton-mile rate, 1.48 cents.

876.704 16

Maintenance of Way 76.255 65

Motive Power 61,68236

Earnines.— Passenzer S9.r>.968 79 ! Expenses.— Transportation

Freight 252,812 53

Mail ... 10.660 82

Express

Miscellaneous . . .

MOO 00
46.731 83

Kent of Track 3,500 04

General 36,473

Total ($2,805.78 per mile) 8414,273 97 Total ($1,717.68 per mile) $253,615 87

Net earnings (39 per cent.), $160,658.10. Payments from net earnings: Interest
$13,516.65 : taxes, $14,313,70 ; dividends (2 per cent), $80,000 ; on account construction'
$6.779.26; for equipment, $5,963.07— total. $120,572.08. Balance, surplus for year, $40-
085.42 ; surplus, December 31, 1890, $166,161.78— total surplus, December 31, 1891 '$°06'-
247.20.

There is no material change in the mileage or balance sheet given on page 316.

KINDERHOOK AND HUDSON RAILWAY (Supplementary Statement}.— Line of
Road: Kinderhook. X. Y., to Hudson, X. Y., 18.2 miles. Gross earnings for six months
ending December 31, 1891. $26,588.50. Operating expenses, $14,630.51. Xet earnings $11 .
957.99. Paid interest, $11,254.30. Surplus, *70:149. Financial Statement. December 31,

73

1154

POOR'S MANUAL OF RAILROADS — SUPPLEMENT.

1891.— Capital stock (par, $100), $170,000; funded debt (described on page 317), $375,000;
current accounts, $22,744.51; profit and Joss, $14,590.55— total, $582,335.06. Contra: Cost
of road and equipment, $581,720.58 ; current accounts, $44.07; cash, on hand, $570.41 — total,
$582,335.06. In list of directors on page 317, the corrected address of R. H. Huntington is
Watertown, N. Y., and for " Frank Watts," read " Frank Walts. The principal office of the
company is located at Hudson, N. Y.

KINGS COUNTY ELEVATED RAILROAD.— Statement of earnings, expenses aud
income account for the six months ending December 31, 1891. — Gross earnings, $412,710.25.
Operating expenses, $279,749.03. Net earnings, $138,784.37. Add income from other sources,
$165.63 — total available revenue, $138,950. Deductions from income : Interest on bonds,
$93,023.25 ; interest on loans, etc., $3,879.39 ; expenses on real estate, $398.82 — total $97 -
301.46. Surplus, $41,648.54'.

Revised Board of Directors (elected January 13, 1892) — James Jourdan, Brooklyn, N. Y. ;
Wendell Goodwin, August Belmont, Jr., Edward A. Abbot, Henry J. Robinson, S. Newton
Smith, James 0. Sheldon, New York, N. Y. ; James H. Frothingham, William A. Read,
Brooklyn, N. Y.

KINZUA VALLEY RAILROAD.— This road has been recently sold to the Western
New York and Pennsylvania RR. Co.

KNOXVILLE, CUMBERLAND GAP AND LOUISVILLE RAILROAD.— In

statement of mileage of this company on page 319, for " Oar Beds " read " Ore Beds."

LACKAWANNA AND SOUTHWESTERN RAILROAD (Supplementary State-
ment}.— Consolidation, October 2, 1889, of the Lackawanna and Southwestern and the Ro-
chester, Hornellsville and Lackawanna RR. Cos. The former company was organized May
7, 1889, as successor to the Lackawanna and Pittsburgh RR. Co.. whose property was sold
under foreclosure sale on March 11, 1889, and the R. H. & L. RR. Co. was organized June
9, 1836 (see MANUAL for 1889, page 166, and MANUAL for 1888, page 174). From October 1,
1889 to April 1, 1890, the road was operated by the Central Construction Co., and from April
1 to June 30, 1890, by the railroad company (see MANUAL for 1891, page 736). On June 15,
1890, George D. Chapman took possession of the property, and operated it under the name
and title of George D. Chapman, receiver of the Lackawanna and Pittsburgh RR. Co., until
October 12, 1890, when operations ceased, and the greater portion of the road has not since
been operated. On September 8, 1890, Mitchell S. Blair, Angelica, N. Y., was appointed
receiver of the R. H. & L. RR., and leased from the Lackawanna and Pittsburgh RR. Co.
that portion of its road between Hornellsville and Wayland, N. Y., 20.78 miles, which he has
since operated as the Rochester, Hornellsville and Lackawanna RR. That portion of the
Lackawanna and Pittsburgh RR. from Bolivar to Olean, 18 miles, has been in operation
since November 1, 1890. The operations given below, therefore, for the R. H. & L. RR.,
cover the period from September 8, 1890 to June 30, 1891, and for the L. & P. RR. the
period from November 1, 1890 to June 30, 1891 :

R.,H. &

L. &P.

R., H. &

L. &P.

L. RR.,

RR.,

L. RR.,

RR.,

Septem-

Novem-

Septem-

Novem-

ber 8, 1890

ber 1,1890

ber 8, 1890

ber 1, 1890

to June

to June

to June

to June

30, 1891.

30, 1891.

30, 1890.

30, 1891.

Miles Operated

20.78

18

$

8

Train Mileage— Passenger
Freight

19,050
11,430

10,406
5,202

Oper. Expenses — Transportation . .
Main, of Equip . .

8,147 52
80674

A 4.OQ ftS

4,332 23
52207
q 4011 <>«

Total

30,480

15,608

General

2,748 26

69638

11,770
181,915

13,013
116,391

Total Expenses

Passengers Carried One Mile

16,132 40

8,980 04

Tons Freight Moved

15,465

8,045

Net Earnings

1,652 65

769 13

Tons Freight Moved One Mile

306,774

$

91,649

$

Taxes

62492
1,027 73

"769 13

Surplus

Earnings— Passenger
Freight

4,773 20
10,661 36

2,791 01
4,755 47

Av. Rate p. Pass p. Mile
Av. Rate p. Ton p. Mile

2.62c.
3.47c.

4.0c.
5.1c.

Express & Other

2,350 49

2,202 69

Total Earnings

17,785 05

9,749 17

LAUREL FORK AND SAND HILL RAILROAD.— Erratum : In the statement on
page 323, under "History," omit the sentence beginning "Leased from September 1, 1877,
....Company." Revised mileage statement : Laurel Fork Junction, W. Va., to Volcano, \V.
Va., 3.5; Coal Bank Branch, 1.5 — total, 5 miles. Operations for year ending August 31,
1890— Train mileage, 600 miles. Gross earnings, $6,721.36. Operating expenses, $6,691.40.
Net earnings, $29.96.

POOR'S MANUAL OF RAILROADS — SUPPLEMENT.

1155

LEBANON SPRINGS RAILROAD. — This road was reported sold under foreclosure
on March 23, 1892, and purchased by William Poster for $7,500.

LONG ISLAND RAILROAD. — (Supplementary Statement). — Gross earnings for nine
months ending March 31, 1892, $3,079,602.92. Operating expenses, $2,041,631.06. Net
earnings, $1,038,031.86. Add income from other sources, $55.081.86. Total income, $1,-
093,113.72. Fixed charges, $660,344.43. Net income, $432,769.29. This company having
purchased the ferry properties of the Metropolitan Ferry Co., has issued $2,750,000 ferry 1st
mortgage 4^ per cent. 40-year gold bonds, du3 March 1, 1922, interest payable March and
September. * The bonds are a direct obligation of the company, and are additionally secured
bv a mortgage upon all the real and personal property appertaining to the ferries from
Long Island City to James Slip and Thirty-fourth Street, New York, subject to the lien of
$1.250,000 5 per cent, bonds of the Metropolitan Ferry Co., maturing November 1, 1937, and
for the retirement of which an equal amount of the new bonds is reserved. The bonds are
for $1,000 each, in coupon form, with provision for registration ; principal and interest pay-
able at the agency of the company in New York. Trustee, Central Trust Co. of New York.

LOUISIANA AND NORTHWEST RAILROAD.— (Supplementary Statement) to
December 31, 1891. — Rolling Stock.— Locomotive engines, 2. Cars — passenger, 2 ; freight,
8. Operations. — Train mileage and traffic statistics not reported. Earnings — passenger,
$1*2.380.65; freight, $31,141.49; other, $3,791.11 — total, $47,313.25. Operating expenses,
$18,429.86. Net earnings, $28,883.39. Financial Statement. — Capital stock authorized.
$20,000 par mile ; issued (par, $100), $702,400 ; funded debt, $526,050 1st mortgage 5 per
cent. 50-year gold bonds, interest payable January and July, in New York (authorized,
$15,000 per mile). Total stock and bonds, $1,288,400, representing cost of road and equip-
7iient. Directors. — David A. Boody, Stewart L. Woodford, J. P. Howell, Edward M. Grant,
New York, N, Y. ; John D. Beardsley, A. K. Clingman, and A. T. Nelson, Homer, La.
Officers : DAVID A. BOODY, President, 57 Broadway, New York, N. Y. ; John D. Beardsley.
Vic e-P resident and General Manager, Gibsland, La.; J. P. Howell, Treasurer, New York,
N. Y. PRINCIPAL OFFICE, Gibsland, La.

LOUISVILLE AND NASHVILLE RAILROAD.— Comparative statement of gross
and net earnings for nine months ending March 31, 1892 and 1891 :

1891-2

1890-1

INCREASE iv
1891-2.

I

Gros* Jyirnir)tr< i 16 185 820

14 706 711

1 479 109

Operating Expenses 10,369.073

'.) 17-2 197

1 197 776

Net Earnings . 5 815 847

5 534 514

281 333

Expenses to Earnings 64.07 p. c.
Miles Operated . 2 866

62.36 p. c.
2 248

1.71 p. c.
618

The Clarksville branch of this road has recently been leased to the Ohio Valley RR. Co. for
99 years at an annual rental of $12,000 ; the lessee to keep the road in all necessary repair.

LOUISVILLE, EVANSVILLE AND ST. LOUIS CONSOLIDATED RAIL-
ROAD.— Errata. — The statement on page 350 that the Venice and Carondelet Ry. is leased
to the E. St. L. & C. Ry. Co. should be to the E. St. L. C. Ry. Co. The statement on page
351 that "In September, 1891, this company purchased a controlling interest in the Ken-
tucky and Indiana Bridge Ry. Co." is erroneous. On same page in description of 2d mort-
age* L. E. & St. L. RR. bonds, for $20,000,000 read $2,000,000. The principal office is at
vansville, Ind.

i

LOUISVILLE, NEW ORLEANS AND TEXAS RAILWAY.— This road has re-
cently been purchased by the Illinois Central RR. Co.

LYKENS VALLEY RAILROAD AND COAL CO.— Millersburg, Pa., to Williams-
town, Pa., 19.70 miles. Sidings, etc., 8.55 miles. Rail— iron, 45 and 60 ; steel (19.96 miles).
60 Ibs. Chartered April 7, 1830 ; road opened in 1839. Leased March 1, 1866, for 999 years
to the Summit Branch RR. Co., and operated by that company till June 30, 1880, since which
time it has been operated by Northern Central RR. Co. as agent for lessees. (For statement
of th* Summit Branch RR.'Co. see POOR'S HANDBOOK OF INVESTMENT SECURITIES.) Income
Account for year ending June 30, 1891 : Receipts. $62,599.79. Expenses and taxes, $1,726.96.
Net income, $60.872.83. Financial Statement, June 30, 1891 : Capital Stock, $600,000 ; profit
and loss, $1,679.81— total, $601,679.84. Contra: Cost of road. $569,739.62: equipment,

1156 POOR'S MANUAL OF RAILROADS — SUPPLEMENT.

A. NASH, President ; Charles Emmet, Secretary and Treasurer, New York, N. Y. PRIN-
CIPAL OFFICE AND ADDRESS, 13 William Street, New York, N. Y. Operating Office, 243
South 4th Street, Philadelphia, Pa.

MACON AND ATLANTIC RAILROAD.— Project Line of Road: Sofkee, Ga.,
to Savannah, Ga., and Colleton, S. C., about 200 miles. Completed: Bruton east,
11.5 miles. Road completed as above at the end of 1891. Grading is finished on 75 miles
additional. The Macon Construction Co., which had the contract for building this road,
failed in March, 1891, and construction ceased. In November, 1891, Henry J. Lamar was
appointed receiver. Receiver's sale of the road and property of the Construction Co. was to
take place May 12, 1892, for not less than $500,000, but no bids were made. Financial State-
ment : Funded debt consists of $200,000 1st mortgage 5 per cent. 50-year $1,000 gold bonds,
due November 1, 1940, interest payable May and November. These bonds are authorized at
the rate of $20,000 per mile. Interest in default since November, 1890. Trustee of bonds,
New York Security and Trust Co.* New York, N. Y.

MACON AND BIRMINGHAM RAILROAD.— Projected from Macon, Ga., to Bir-
mingham, Ala., 230 miles. Completed: Sofkee, Ga., to La Grange, Ga.. 97 miles. Gauge,
4 ft. 8^ in. Road built as above in 1890. Operated by the Georgia Southern and Florida
RR. Co., but accounts are kept separate. This road was built by the Macon Construction
Co., which went into receiver's hands in March, 1891. Foreclosure proceedings were insti-
tuted in April, 1891, by the mortgage trustee. Receiver's certificates for $30,000 have been
authorized. Funded debt outstanding consists of $1,940,000 1st mortgage 5 per cent. 50-
year $1,000 gold bonds, due 1940, interest payable May and November ; authorized at the
rate of $20,000 per mile. Trustee of bonds, New York Security and Trust Co., New
York, N. Y.

MACON, DUBLIN AND SAVANNAH RAILROAD.— Projected from Macon, Ga.,
to Savannah, Ga., 164 miles. Completed: Macon to Dublin, 54 miles. Gauge, 4 ft. 8$ in.
Steel rails. Road completed as above during 1891. Built by the Illinois and Georgia Im-
provement Co., of Chicago. No bonds yet issued. No further information obtainable. GIL-
BERT B. SHAW, President, Chicago. 111. ; D. M. Hughes, Vice-President ; James T. Wright,
G-cneral Manager, Macon, Ga. ; tl. M. Smith, Secretary, Dublin, Ga. PRINCIPAL OFFICE,
Macon, Ga.

MANHATTAN RAILWAY. — (Supplementary Statement}. — Gross earnings for nine
months ending March 31, 1892, $8,027,479.40. Operating expenses and taxes, $4,376,014.11.
Net earnings, $3,651,465.29. Fixed charges, $1,438,141.27. Net income, $2,213,324.02.
Dividends declared, $1,350,000. Surplus, $863,324.02.

MANSFIELD RAILWAY AND TRANSPORTATION CO.— Revised Statement.—
Capital stock, $14,500, is the only liability ; "other liabilities, $10,500," having been paid
off. Gross earnings, year ending April 1, 1892, $6, 231. (59. Expenses, $4,800. Net income,
$1,431.69. A dividend of 10 per cent, was paid April 6, 1892, making five annual dividends
paid. O. H. Sample, Mansfield, La., has been elected Secretary.

MASON COUNTY CENTRAL RAILROAD.— This road is now owned exclusively
by Allen C. Mason, Tacoma, Wash. The weight of rails per yard is 40 Ibs., not 30 Ibs., as
stated on page 776. An extension to Isabella Lake, a distance of 2 miles, will be opened, it
is expected, by July 1, 1892.

MSRIDEN, WATERBURY AND CONNECTICUT RIVER RAIL WAY.— Direc-
tors (elected February 23, 1892).— F. H. Prince, Boston, Mass. ; D. S. Plume, A. S. Chase. E.
D. Steele, Waterbury, Conn.; W. H. Starbuck, E. D. Carey, New York, N. Y. ; A. Chamber-
lain, C. L. Rockwell, Samuel Dodd, Meriden, Conn.

MIDDLE GEORGIA AND ATLANTIC RAILWAY.— Projected from Savannah to
Atlanta, Ga., about 236 miles. Completed, December 31, 1801, Eatonton to a point 1.5 miles
west of Machen, Ga,, 19.5 miles. Sidings, 0.5 mile. Steel rails. Road built during 1890-1.
This road is being built by the Seaboard Co., which owns most of the stock. Directors
(elected January, 1892) : William Garrard, J. P. Williams, I. G. Haas, William Kehoe, Ed-
ward Karow, H. T. Moore, B. H. Levy, Savannah, Ga. : W. C. Clark, Covington, Ga. ; W.
B. Thomas, Atlanta, Ga. ; W. E. Ba-kette, Chattanooga, Tenn. ; Charles Benner, New York,
N. Y. ; John Morrison, Ellabell, G i. ; H. S. Stephens, Philadelphia, Pa. J. D. WEED,
President; David Robinson, Secretary, Savannah, Ga. ; W. B. Thomas, General Munnji r,
Atlanta, Ga. PRINCIPAL OFFICE, Eatonton, Ga.

MONTROSE RAILWAY.— Operations for year ending November 31, 1891 : Train
mileage, etc., not reported. Earnings — passenger, $7,365.48 ; freight, $14,597.40 ; mail,
$1,216.88 ; express, $871.90 ; miscellaneous, $109.41— total, $24,5-21.07. Operating expei
and taxes, $19,595.53. Net earnings, $4,925.54 Balance on hand November 30, 1890. $8,-
867.71— total surplus on hand November 30, 1891, $13,793.25. Erratum: In "Directors"

POOR'S MANUAL OF RAILROADS — SUPPLEMENT. 1157

given on page 381, H. D. Sherman should be H. K. Sherman, and J. H. Sayre should be S. H.

Say re.

NASHVILLE, CHATTANOO3A AND ST. LOUIS RAILWAY. —Supplementary
Statement of earnings, expenses, etc., for nine months ending March 31. 1893. Gross earn-
ings, $4,133,230.53 ; operating expenses, $2,526,288.04— net earnings, $1,596,932.49. Charges
against net earnings : Interest on bonds, $621,207.50 ; taxes, $87,474.63; rental (W. & A.
RR.), $315,009; improvements $106,969.90— total, $1,130,661.03. Balance, surplus, $466,-
271.46. Compared with the corresponding period of the previous year the above figures
show an increase in gross earnings of $1,090,991.64 ; in operating expenses, $731,659.04, and
in net earnings, $359,332.60.

NATCHITOCHES RAILROAD.— Revised Statement.— Locomotive engines, 2. The
company reports that it has no floating debt, and has paid 6 per cent, interest on its mort-
gage bonds ($165,000).

NATIONAL CITY AND OTAY RAILWAY.— In list of directors and officers given
on page 809 for " D wight Brennan " read " Dwight Braman."

NEW LONDON NORT HERN RAILRO AD.— Revised Mileage.— "Sew London, Conn.,
to South Londonderry. Vt., 157 miles. Sidings. 41.7 miles. Gauges — 4 ft. 84- in. for 121
miles, and 3 ft. for 36 mile*. Rail — steel, 122.5 ; iron, 34.5 miles. The line given above
include^ the Brattleboro' and Whitehall RR. (see page 108). History. — This road was re-
leased December 1, 1891, to the Central Vermont RR. Co. for a period of 99 years. The
lessee pays a rental of $'210,000 a year in monthly instalments. The operations for the year
ending June 30, 1891, and covering the above mentioned line, are included in those of* the
Central Vermont RR. Co.

NEW ORLEANS AND NORTHWESTERN RAILWAY.— Erratum : The exten-
sion referred to on page 397 as being under construction, is bein? built by the receivers, and
not bv the Natchez Construction Co. Directors (elected April 18. 189 2)."— Charles Hyde, L.
V. F. Randolph, Plainfield, X. J. ; Louis K. Hyde, Francis de L. Hyde, Titusville, Pa.; A.
C. Cracey, St. Louis, Mo. ; E. S. Drake, Port Gibson, Miss. ; James \V. Lambert, A. H.
Foster, T. E. Morrison. Xatchez, Miss. The following officers were elected on same date :
Louis K. Hyde, President; T. E. Morrison, 1st Vice-President ; F. de L. Hyde, 2d Vice-
President; A. C. Craney, 3d Vice-President ; James \V. Lambert, Secretary, and Charles
Hyde, Treasurer.

NEW YORK AND HARLEM RAILROAD.— The corrected mileage of steel rails
is 226.26 miles, instead of 212.08 miles, as given on page 411.

NEW YORK AND NEW ENGLAND RAILROAD.— Since the close of the fiscal
year there has been authorized an issue of $25,000,000 5 per cent. 50-year coupon and regis-
tered $1,000 bonds, due July 1, 1942, of which about $16,500,000 will be reserved to retire
maturing issues, as they successively fall due. The remainder of the proceeds will be used
for improvements and connections, and constructing a double track on a portion of the road.
Interest payable January and July. Trustee, Farmers' Loan and Trust Co., New York, N. Y.

NEW YORK AND ROCKAWAY BEACH RAILWAY.— Gross earnings for nine
months ending March 31, 1892. $187,088.95. Operating expenses, $134,798.47. Net earn-
ings. $52,790.48. Add other receipts, $1.624.98— total income, $54,415.46. Fixed charges
$81,629.13. Net income, $22,786.33.

freight, 4,389,376 ; switching, 1,362,897 : work, 208.486— total, 6,436,494 miles. Passengei
carried, 554,172; carried one mile, 25.929,995. Tons freight moved, 3.315,784; moved one
mile. 1,052,515,236.

Earnings.— Passenger $426.211 24 ' Expenses.— Transportation $2.400.828 25

Freight 5,697.608 -52

Express 11,7:3461

Mail 25,521 49

Miscellaneous . . . 10,013 37

Motive Power 1,249,909 85

Maintenance of Way 715,026 50

Maintenance of Cars 437,183 74

General and Taxes 343,685 41

Total Earnings 86,171,089 23 Total Expenses $5,146,633 75

Net earnings, $1,024.455.48. Add : Interest on deposits, $12,549.41 ; interest on bonds
of the Chicago and Erie RR. Co., $1.020— total income, $1,038,024.89. Deduct : Interest on
bonds, $780.420 ; sinking fund, $99,940.50 : dividend, on 1st preferred stock, $150,000— total
$1,030.860.50. Balance, surplus, $7,664.39. Surplus from last year, $133,217.35— total,
$140,881.74, to which add discount on 106 bonds purchased under the sinking fund, $6.059.50
— total surplus, December 31, 1891, $146.941.24. The amount of 1st mortgage bonds out-
standing on December 31, 1891, was $19,575,000. A dividend of 3 per cent, upon the 1st

1158 POOR'S MANUAL OF RAILROADS — SUPPLEMENT.

preferred shares from the net earnings of the calendar year 1891, was declared and ordered
paid March, 1892.

NEW YORK, LAKE ERIE AND WESTERN RAILROAD.— From the Board of
Directors of this company, given on page 429, omit Josiah Belden, deceased.

NEW YORK, NEW HAVEN AND HARTFORD RAILROAD.— (Supplementary
Statement}. — Gross earnings for nine months ending March 31, 1892, $8,825,854.12. Operat-
ing expenses, $5,749,593.60. Net earnings, $3,076,260.52. Add income from other sources,
$138,707.54— total income, $3,214,968.06. Payments : Interest on funded debt accrued,
$60,000; rents, $738,000; taxes, $463,500— total, $1,261,500. Balance, surplus, for nine
months, $1.953,468.06. This company has.leased the New York, Providence and Boston RR.
for a term of sixty years, from April 1, 1892. (For terms of lease see below.)

NEW YORK, ONTARIO AND WESTERN RAILWAY.— Gross earnings for six
months ending December 31, 1891, $1,673,850. Operating expenses and taxes, $1,215,918.
Net earnings, $457,932. Interest and charges, $296,350.08. Surplus, $161,581.92. This
company has recently executed a mortgage to the Mercantile Trust Co., of New York, N. Y.,
as trustee, to secure an issue of $20,000,000 4 per cent, refunding mortgage 100-year gold
bonds, interest payable March, and September. Of this amount, $6.500,000 were issued in
June 1892, for the purpose of paying off the $4,000,000 6 per cent, bonds of 1914, and for
providing the means for additional equipment, coal docks at Cornwall, and other needs of
the company in the near future. Of the remaining $18,500,000, $7,000.000 are reserved to
retire the $5,600,000 5 per cent, bonds, at or before maturity, and $6,500,00 are reserved for
future issue, when required by the company, for the acquisition of property. These bonds
are $1,000 each, coupon, with provision for registration as to principal and interest. Registered
certificates of $5,000 each, interest payable to the registered owner. The total annual interest
charges, after the redemption of the 6 per cent, bonds and the issue of $6,500,000 4 per cent,
refunding bonds, will be $540,000, and the rentals of leased lines will be about $80,000. The
company has a capital stock of $58,113,982. The outstanding bonded debt consists of $4,-
000,000 6 per cent, bonds, which have been called for redemption, payable September 1, and
$5,6(iO,000 5 per cent, bonds (being part of $10,000,000 authorized), which may be redeemed at
the pleasure of the company on six month's notice after June 1, 1899.

The refunding mortgage provides that $4,400,000 of the 5 per cent, bonds referred to
above, authorized, but unissued, shall, on the retirement of the sixes, be deposited with the
trustee as additional security for the refunding 4 per cent, bonds, enhancing at once the
security of the latter to that extent ; and when the outstanding 5 per cent, bonds shall have
been redeemed, the refunding loan will constitute the sole first lien upon the property of the
company. The company has agreed to redeem the 5 per cent, bonds not later than in the
year 1899, if practicable, without increasing its interest charges.

NEW YORK, PROVIDENCE AND BOSTON RAILROAD.— (Supplementary State-
ment).— Gross earnings for nine months ending March 31. 1892, $2,344,612.23. Operating
expenses, $1,471,751.24. Net earnings, $872,860.99. Add income from other sources, $105,-
903.20— total income, $978,764.19. Payments: Interest account, $77,346.41 ; rentals of other
roads, $350,747.25 ; taxes, $115.641.08— total, $543,734.74. Net income, $435,029.45. This
road was leased to the New York, New Haven and Hartford RR. Co. for a term of sixty years,
from April 1, 1892, the lessee to pay as rental on May 10, 1892, $2.50 upon each share of the
capital stock of the lessor, and thereafter quarterly dividends at the same rate that it pays to
its own stockholders, until ninety days after it has offered in exchange its shares as stated
below, and thereafter to pay annually during said term $6 upon each share of the capital
stock of the lessor. It is also provided that the capital stock of the lessee may be exchanged
for that of the lessor, share for share.

NORFOLK, ALBEMARLE AND ATLANTIC RAILROAD.— Directors (elected
April 6, 1892) : George S. Jones, C. W. Wetmore, George R. Howell, W. L. Stowe, Wm.
Evans, Jr., New York, N. Y. ; James W. Rowland, Emlenton, Pa. ; James H. Hopkins,
Washington, D. C. George R. Howell, New York, N. Y. succeeds Warner Van Norden as
Vice-P resident.

NORTH PACIFIC COAST RAILROAD. — Errata : In statement of mileage on page
460, for "Saucelito" read " Sausalito." Revised Statement of Rolling Stock, December 31,
1891. — Locomotive engines, 12. Cars — passenger, 35; baggage, mail, etc., 3 ; freight (box,
43 ; stock, 12 ; platform, 286), 341 ; caboose, 2 ; other, 2— total cars, 393. Also 2 ferry
steamers, 1 tug. and 2 freight barges for cars. In statement of operations on page 460,
freight train mileage should be 102,025 miles, instead of 100,025, and passengers carried
should be 1,013,674, instead of 1,015,674.

NORTHERN PACIFIC RAILROAD.— Supplementary Statement (including Wis-
consin Central Lines) for eight months ending February 29, 1892. — Gross earnings, $20,900,-
616.33 ; operating expenses, $12,323,748.13— net earnings, $8,576,868.20. Add miscellaneous

POOR'S MANUAL OF RAILROADS — SUPPLEMENT. 1159

receipts, same period, $1,516,530.72— total net revenue, $10,093,398.92. Fixed and other
charges, $9,099,675.17. Balance, surplus, *993,723.75.

NORTHWESTERN RAILROAD.— The General Office of this company is at 14
Sansouie St., San Francisco, Cal.

OHIO AND MISSISSIPPI RAILWAY. — Supplementary Statement of earnings,
expenses, etc., for nine months ending March 31, 1892. — Earnings — passenger, $1,130,316.-
81 ; freight, $1,969.161.52 ; express, $93,749.98 ; mail, $125,668.71— total, $3,318,897.02.
Operating expenses — maintenance of way and structures, $571,375.61; maintenance of
equipment, $369,299.43: transportation, $1,078,697.42; general and taxes, $414,661.89—
total, $2,434,034.35. Net earnings, $884,862.67.

OHIO RIVER RAILROAD.— Directors, elected in May, 1892— W. P. Thompson,
Horace A. Pratt, Xevv York. N. Y. ; J. X. Camde!, G. W. Thompson. D. B. Spelman, J. N.
Chancellor, Parkersburg, \Y. Ya. ; C. W. Walk, S. W. Colton, Philadelphia. Pa. ; 0. H.
Payne, C. W. Harkness, Cleveland, 0.; J. G. Fair, San Francisco, Cal.; R. H. Browse,
Grand Island, W. Va.

OHIO SOUTHERN RAILROAD. — Interest on the bonds of this company is payable
at the office of the New York Guaranty and Indemnity Co., 59 Cedar St., New York City,
and not at the office of the Corbin Banking Co., as stated on page 465. The following direc-
tors were elected on April 18. 1892: George W. Saul, Chicago, 111.; C. W. Fairbanks.
Indianapolis, Ind. ; Rush C. Hawkins, J. Lee Humphreyville, Frank A. Barn by. William
Barnes, New York, N. Y. ; H. B. Morehead, Judson Hannon. Joseph R. Megrue, L. Beynier,
Cincinatti, O. ; George H. Frey, Springfield, O. ; H. L. Chapman, Jackson, 0.; John G.
Carlisle, Covington, Ky. George W. Saul was elected President.

OHIO VALLEY RY. CO.— Directors (elected June 7, 1892) : C. P. Huntington, J. P.
Lloyd, F. H. Davis, New York. N. Y. ; John Echols, Louisville, Ky. ; S. S. Brown, Pittsburgh,
Pa."; P. G. Kelsey, Louisville, Ind ; C. C. Baldwin, New York, N/Y. Officers : JOHN ECHOLS,
President and General Manager, Louisville, Ky.; S. S. Brown. Vice-P resident, Pittsburgh,
Pa.; I. E. Gates, Secretary and Treasurer, New York, N. Y.: M. B. Cutter, General Super-
intendent, Memphis, Tenn.; C. F. Krebs, Auditor, Louisville, Ky.; Epes Randolph, Chief
Engineer, Louisville, Ky. PRINCIPAL OFFICE, Louisville, Ky.

OLD COLONY RAILROAD. — The branch from Walpole to Norwood, referred to on
page 467 as being under construction, has been since opened for traffic. Earnings from mail
and express given on page 468, should be $304,086.88, instead of $306,086.88. In list of
directors on page 470, the corrected address of Frederick L. Ames is North Easton, Mass.
This company has leased the Providence, Warren and Bristol RR. for 95 years and 9 months,
from July 1, 1891 ; lessee to pay 5 per cent, on common and 5 per cent, on preferred stock for
ten years, and 6 per cent, on each, during the remainder of lease ; also to pay interest and
taxes, and $500 per annum for salaries.

OREGON AND WASHINGTON TERRITORY RAILROAD.— Errata : The total
length of branches is 32 miles, making total length of all lines operated, 159 miles. The
date of the appointment of the receiver was December, 1891, instead of January, 1892, as
stated on page 831. From list of directors given on page 832, omit the names of Charles
Herman (twice) and C. B. Wright, and add C. H. Carter, Pendleton, Ore. Road was sold
under foreclosure sale on April 20, 1892. Plans for the reorganization of the company are
under consideration.

OREGON RY. AND NAVIGATION CO.— At the annual meeting on June 20, 1892,
E. F. Atkins, S. H. H. Clark, R. W. Baxter, Frank De Kum and Walter F. Burrell, the last
named three of Portland, Ore., were elected to fill vacancies in the board of directors. S. H.
H. Clark succeeds Sidney Dillon as president, and is succeeded in the first vice-presidencv by
M. F. Atkins.

OWASOO RIVER RR. CO.— Errata : Locomotive engines, 2. Cars, box, 2 ; flat, 11
— total, 13. Directors (elected June 2, 1892) : T. M. Osborne, E. D. Metcalf, J. H. Osborne,
Henry J. Kosters. Allan McKain, C. B. Rosters, F. E. Swift, S. E. Grant, C. E. Almy, M. J.
Lower, C. F. Baldwin, C. Wheeler, Jr., F. C. Meyer, Auburn, N. Y. Officers : T. M. OSBORNE,
President; Edwin D. Metcalf, General Manager ; J. H. Osborue, Secretary and Treasurer ;
Allan McKain, Chief Engineer, Auburn, New York.

PACIFIC COAST RY. CO. — Errata : The statement on page 832 should be corrected
to read as follows : Sidings, etc., 8 miles ; steel rail, 45 miles ; passengers carried, 42,214 ;
passenger earnings, $34,917.74; freight earnings, $122,324.62; gross earnings (per mile,
$2,567.67), $191,399.87; expenses of transportation, $14,937.40 ; inotive power, $27,105.95 ;
cars, $3,331.09; roadway and buildings, $25,017.16; general, $31,446.31; total expenses
(permile, $1,341.50 per mile), $102,057.91 ; net earnings (47.80 per cent.), $93.341.96. Taxes
are included in general expenses. C. O. Johnson, Manager, in place of J. M. Fillmore.
PRINCIPAL OFFICE, San Luis Obispo ; not San Francisco.

1160 POOR'S MANUAL OF RAILROADS— SUPPLEMENT.

PALMETTO RAILROAD.— Errata : In statement of operations on page 474, the earn-
ings from mail, etc., $645.41, should read, "other earnings, $609.36," making total earnings,
$10,802.75, instead of $10,837.80.

PENNSYLVANIA RR. CO.— The Philadelphia and Sea Shore RR., which was sold
at receiver's sale in April, 1892, was turned over to this company on May 13, 1892.

PENNSYLVANIA, POUGHKEEP3IE AND BOSTON RAILROAD.— From list of
directors given on page 478, omit Arthur E. Newbold and add Joseph E. Siunott.

PHILADELPHIA AND ERIE RR. CO.— Harry K. Schultz has been elected to the
board by the Philadelphia City Councils in place of John S. McKinlay.

PHILADELPHIA AND READING RR. CO.— To provide funds for acquiring water-
front terminal facilities upon the Delaware River in Philadelphia, this company has made
two new issues of bonds as follows : $700,000 Delaware River Terminal purchase-money
mortgage 5 per cent. 50-year gold bonds, dated May 20, 1892, interest payable May 20 and
November 20 ; and $1,222,000 Delaware River Terminal Extension purchase-money mort-
gage 5 per cent. 50-year gold bonds, dated July 1, 1892, interest payable January and July.
The bonds are direct obligations of the Philadelphia and Reading, and 'are additionally
secured by first mortgage upon the terminal property acquired. The amount of the bonds
represents the actual cost of the property. They are for $1,000 each, in coupon form but
may be registered as to principal. Trustee, Guarantee Trust and Safe Deposit Co., Phila-
delphia, Pa.

PHILADELPHIA AND SEASHORE RAILROAD.— This road, which was recently
sold under foreclosure and purchased by the Pennsylvania RR. Co., was formally transferred
to that company on May 13, 1892.

PITTSBURGH AND LAKE ERIE RAILROAD.— Revised Statement of Mileage.—
Main line, Pittsburgh, Pa., to Youngstown, 0., 68 miles. New Castle branch, 2.93 miles.
Leased : Pittsburgh, McKeesport and Youghiogheny RR., 90.08 miles ; Youghiogheny
Northern RR., 2. 51 miles — total length of all lines operate'd, 163.52 miles. Errata: Com-
pany was chartered May 15, 1875. The authorized issue of 1st mortgage bonds is $2,000,-
000, and of 2ds, $2,000,'000, instead of the amounts given on page 489.

PITTSBURGH, AKRON AND WESTERN RAILROAD.— Erratum : The trustee
of bonds is the Central Trust Co. of New York, N. Y. (see page 487). Directors (elected
March 2, 1891)— James D. Callery, Jr.: Pittsburgh, Pa. ; William Semple, Allegheny, Pa.;
W. V. McCracken, New York, N. Y. ; W. A. Lynch, Canton, O. ; D. E. Hill, A. L. Conger,
Lewis Miller, Akron, O. ; C. W. Risley, Delphos, 0. ; J. H. Sample, Granville. The follow-
ing officers were elected : W. A. Lynch, President; A. L. Conger, Vice-President ; William
Semple, General Manager ; and F. M. Semple, Treasurer.

PITTSBURGH, CINCINNATI, CHICAGO AND ST. LOUIS.— Since the close of the
fiscal year there have been issued $10,000,000 4| per cent. 50-year " Series B " consolidated
mortgage $1,000 gold coupon bonds, with provision for registration of principal, due April 1,
1942, interest payable April and October, principal and interest unconditionally guaranteed
by the Pennsylvania Company, and the guarantee endorsed upon each bond. Some bonds
have also been issued under " Series C." Sufficient of the consols are reserved to retire the
prior liens, which, in April, 1892, were reduced to $20,995,000 by exchange of $13,575,000
Chicago, St. Louis and Pittsburgh consols, for a like amount of the new issue.

PITTSBURGH, MARION AND CHICAGO RY. CO.— At the annual meeting in
January, 1892, the old board of directors as given on page 494 was re-elected, with the
exception of John I. Holly, of New York, who was replaced by F. W. Lockwood, also of
New York.

PITTSBURGH, McKEE SPORT AND YOUGHIOGHENY RAILROAD.— Revised
Mileage Statement. — Pittsburgh, Pa., to New Haven, Pa., 56.95 miles. Monongahela Divi-
sion, Reynold ton to Belle Vernon, Pa., 27.8 miles ; Dickerson Run to Clarissa Mines, 4.58;
other branches, 0.75— total, 90.08 miles.

PITTSBURGH, SHENANGO AND LAKE ERIE RR. CO.— The old officers and
directors were re-elected at the annual meeting in April, 1892.

PITTSBURGH, YOUNGSTOWN AND ASHTABULA.— With the exception of
Thomas D. Messier, in whose place J. Davidson, of Pittsburgh, Pa., was elected, the old board
of directors, as given on page 895, was re-elected at the annual meeting in May, 1892. The
old officers were also re-elected.

PITTSFIELD AND NORTH ADAMS RAILROAD.— Revised List of Officers:
JAMES A. RUMRILL, President, Springfield, Mass. ; Charles E. Stevens, Treasurer, Boston,
Mass.; A. C. Ferry, Clerk, Boston, Mass.

PORTLAND AND ROCHESTER RAILROAD. — From list of directors given on page
497, omit James T. Furber, deceased.

POOR'S MANUAL OF RAILROADS — SUPPLEMENT. 1161

PORT READING RAILROAD. — Projected line of road: Port Reading Crossing to
Arthur Kill, 21 miles. Completed, December 31. 1891: Bound Brook east, 2.84 miles. Or-
ganized in November, 1890, in the interest of the Philadelphia and Reading RR. Co. In
February, 1892, leased the Central RR. of New Jersey (see page 673). Capital stock (par,
$100) authorized, $2,000,000; paid in, $1,525,000. Annual meeting, first Monday in May.
Directors: A. A. McLeod, I. A. Sweigard, W. R. Taylor, D. Jones, J. W. Klink, John
Walker, Jr., Philadelphia, Pa. ; R. S. Davis, Nathan Francis, R. S. Bay more, H. C. Felton,
C. H. Davies, Cainden, N. J. ; Samuel Garwoocl, Williamstown, N. J. ; Albert Foster,
Riverton, N. J. ALBERT FOSTER, President ; W. A. Church, Treasurer ; W. R. Taylor, Sec-
retary, Philadelphia, Pa. Principal office, 227 So. 4th Street, Philadelphia, Pa.

PORT ROYAL AND AUGUSTA RAILWAY.— H. M. COMER, Savannah, Ga.,
succeeds D. F. Appleton, in the board of directors, and E. P. Alexander, as President.

PORT ROYAL AND WESTERN CAROLINA RY. CO.— At the annual meeting,
May 10, 1892, H. M. Comer, of Savannah, and Sylvester Blackley, of Anderson, S. C., were
elected directors in place cf E. P. Alexander and John C. Calhoun.

PORT TOWNSEND SOUTHERN RAILROAD.— This company was incorporated
August 9, 1887. In list of directors on page 929, for " J. F. Campion " read " J. T. Campion."

POUGHKEEPSIE BRIDGE.— The Philadelphia and Reading RR. Co. in January,

1892, purchased the entire capital stock of the Delaware and New England RR. Co., which
owns the entire capital stock of the Poughkeepsie Bridge Co., and a majority of the capital
stock of the Central New England and Western RR. Co., and on February 1, 1892, the
Reading began to operate the Bridge sy.-tem. Subsequently a receiver. James K. O. Slier-
wood, was appointed at the instance of certain of the Bridge and Central New England bond-
holders. But a compromise has been arranged in the shape of a plan of reorganization,
dated April 4, 1892, providing for the consolidation of the Poughkeepsie Bridge Co. and the
Central New England and Western 1<R. Co. into one corporation with a capital of $4,600,000
common stock, $2,000,000 preferred 5 per cent, stock, $7,250,000 1st mortgage bonds,"
$1,750,000 series A non-cumulative 5 per cent, income bonds, and $2,100,000 series B non-
cumulative 5 per rent, income bonds. These securities are to be issued in exchange for
those of the consolidating companies on the following basis : For every $1,000 bond of
the Poughkeepsie Bridge Co., with four coupons to and including that of August, 1892,
attached, $750 in new 1st mortgage 4 per cent, bonds and $370 in series B incomes, $120
of the latter being for the overdue coupons, or scrip for same; for every $1,000 1st
mortgage bond of the Central New England and Western, with coupons maturing March 1,

1893, and subsequent attached (also for Central New England and Western general mortgage
bonds issued under agreement of February 13, 1891, for unpaid coupons of 1st mortgage
bonds due March, 1891, to September, 1892), $1,000 in new first mortgage bonds, bearing 4
percent, for three years from September 1, 1892, and 5 per cent, thereafter, together with
$100 in series B incomes, being compensation for reduction of interest ; for every $1,000
.general mortgage bond of the Central New England and Western with coupons maturing
March 1, 1893. and subsequent attached, $1,000 in series A incomes ; for stock of the Central
New England and Western, dollar for dollar in preferred stock ; and for stock of the
Poughkeepsie Bridge, 8 per cent, in preferred stock and 92 per cent, in common. After
completing these exchanges, the company will have on hand $1,000,000 first mortgage bonds,
which will be reserved for improvements and extensions, and will be issued at not exceeding
5 per cent, interest. These terms have been assented to by the security holders, and the
reorganization will be promptly carried into effect.

PROSPECT PARE AND CONEY ISLAND RAILROAD.— The 1st mortgage (con-
vertible) 7s of this company mature January 1, 1895, not October 1, 1894, as stated on
page 503. In list of directors given on p ige 504, omit Lysander Stacy, and add Hiram
A. FaroD.

PROSPECT PARK AND SOUTH BROOKLYN RAILROAD.— Kensington Junc-
tion to City Line, Brooklyn. N. Y., 1.15 miles. Gauge, 4 ft. 8* in. Rail (steel), 50 Ibs.
Chartered June 12, 1888. "Leased January 1, 1890, to the Prospect Park and Coney Island RK.
Co., for the full term of its corporate existence, at an annual rental of $3,000 per annum.
Rental, year ending June 30, 1891 — $3,000, which was paid in dividends, being at the rate
of 6 per cent. Financial Statement, June 30, 1891. — Capital stock, representing cost of
road, $50,000. Annual meeting, second Monday in September. Directors : Andrew R.
Culver, Lysander Stacy, R. Schermerhoru, Hiram A. Faron, Arthur D. Hampton, Brooklyn,
N. Y. ; Allan C. Washington, Theodore B. Moore, New York, N. Y. ANDREW R. CULVER,
President; Allan C. Washington, Treasurer; Lysander Stacy, Secretary, Brooklyn, N. Y.
PRINCIPAL OFFICE AND ADDRESS, 4 and 5 Court Square, Brooklyn, N. Y.

PROVIDENCE, WARREN AND BRISTOL RAILROAD.— Leased to the Old Col-
ony RR. Co. for 95 years and 9 months, from July 1, 1891. For terms of lease aee page 1150.

1162 POOR'S MANUAL OF RAILROADS — SUPPLEMENT.

RICHMOND AND DANVILLE RAILROAD.— Statement of earnings, expenses,
etc., for nine months ending March 31, 1892 :

Gross Earnings. Expenses. Net Earnings. Fixed Charges and T>xes. Surplus.

1892. $10,474,216 30 $(5,433,246 88 $4,040,969 42 $3,527,151 00 $513,818 42

1891. 10,612,983 46 6,862,545 40 3,750,438 06 3,316,873 90 433,564 16

Frederick W. Huidekoper and Reuben Foster have recently been appointed receivers of
this property.

RICHMOND AND WEST POINT TERMINAL.— The plan of reorganization pro-
posed in March, 1892, and an outline of which was given on pages 511 to 515, having failed
of approval by the security holders in interest, has been abandoned, and on June 22, 1892,
Walter Q. Oakman, president of the company, was appointed receiver.

RIO GRANDE SOUTHERN RAILROAD.— (Supplementary Statement).— Gross
earnings for year ending December 31, 1891, $307.166.21. Operating expenses, $128,743.87.
Net earnings, $178,422.34. Average mileage operated during the year, 56 miles. Relative
interest charge on bonds issued on miles operated, $70,052.08. The road was opened for
business on its entire length of 172.4 miles, about April 1, 1892. Bonds are listed on the
New York Stock Exchange.

RIO GRANDE WESTERN RAILWAY.— Supplementary Statement of earnings, ex-
penses, etc., for nine months ending March 31, 1892 :

Earnings.— Passenger $527,458 51

Freight 1,362,418 21

Mail 29,317 82

Express 57,020 06

Miscellaneous 6,063 94

Total $1,982,278 54

Expenses.— Transportation $689,888 80

Rolling Stock 158,059 59

Maintenance of Roadway 230,910 94

Maint. of Bridges & Bldgs. . . . 52,239 22

Contingent Expenses 23,804 67

General Expenses 84,401 44

Total $1,239,334 06

Net earnings, $742,944.48. Add income from other sources, $3,098 66. Total available
revenue, $703,925.06. Charge against revenue : Accrued interest, $419,998 ; rental, leased
lines, $21,012.50 ; local pool, $4,528.06 ; dividends on preferred stock (three of 1| per cent,
each), $234,297.50— total, $679,836.00. Net credit to income for nine month?, $24,089.

ROANOKE AND SOUTHERN.— Erra ta : In statement of rolling stock on page 544
read — Locomotive engines, 6 ; box cars, 30 ; platform, 55 ; total freight cars, 85 : total cars,
92. Address of treasurer is Roanoke, Va., not Winston. The total issue of the new bonds
is $2,041,000. The bonds are for $1,000 gold each, in coupon form, but may be registered
at the office of the trustee, the Mercantile|Trust and Deposit Co. of Baltimore, Md. Prin-
cipal and interest unconditionally guaranteed by the Norfolk and Western RR. Co., such
guarantee being engraved on each bond. Interest payable at the agency of the company in
New York, Philadelphia, or Baltimore Listed on the New York Stock Exchange.

SANDUSKY AND COLUMBUS, LAKE ERIE AND SOUTHERN RAILROAD.

— Projected from Sandusky, O., to Columbus, O., 108 miles. Completed : Sandusky to Belle-
vue, O., 13 miles. Chartered April 20, 1889. Road completed as above in 1891. Work is in
progress on the line south of Bellevue. Being built in the interest of the Columbus, Shaw-
nee and Hocking RR. Co. Capital stock (par, $100), $3,000,000 : funded debt (1st mortgage
5 per cent. 50-year $1,000 gold bonds, due November 1, 1941, interest payable May and No-
vember), $3,000,000, being at the rate of $20,000 per mile for construction and $5,000 per
mile for equipment. Interest, on bonds payable at the office of the trustee, the Metropolitan
Trust Co., New York, N. Y. Directors (elected January, 1892) : J. H. Stewart, H. C. Post,
T. B. Taylor, E. H. Zurhorst, Sandusky, 0.: F. J. Pica'rd, D. B. Hatch, New York, N. Y. ;
H. D. Turney, Columbus, O, C. H. POST, President, Sandusky, O.; F. J. Picard, Vice-Presi-
dent and General Manager, New York, N, Y. ; E. H. Zurhorst, Secretary ; T. B. Taylor,
Treasurer, Sandusky, O. GENERAL OFFICE, Sandusky, 0.

SAN FRANCISCO, TAMALPAIS AND BOLINAS RAILROAD.— The general
office of this company is at 14 Sansome St., San Francisco, Cal.

ST. LOUIS AND PEORIA RAILROAD.— Lin e of Road: Mount Olive, 111., to
Alhambra, 111., 14 miles. Sidings, 1 mile. Road built in 1839. Rolling Stock. — Locomotive
engine, 1. Cars (passenger, 1 ; coal, 200), 201. Operations for year ending June 30, 1891. —
Tons freight moved, 122,416 ; moved one mile, 1,710,632. Earnings (freight), $30,810.
Operating expenses, $18,484. Net earnings, $12,326. Paid interest on bonds, $9,100 ; other
interest, $1,798 ; taxes, $1,200— total, $12,098. Balance surplus, $228. Deficit forward,
$10,682— net deficit, $10,453. Financial Statement.— Capital stock, $280,000 ; funded debt,
$182,000 ; equipment trust obligations, $51,413 ; other indebtedness, $53,095— total, $566,-
508. Directors : G. E. Taintor, New York, N. Y.; William Brunie, Jr., Providence, R. 1.;

POOR'S MANUAL OF RAILROADS— SUPPLEMENT.

1163

Ira S. Younglove, Charles H. Aldrich, Amos W. Martin, Chicago, 111. Gr. E. TAINTOR, Presi-
dent, New York, N. Y. ; A. J. Mnorshead, Secretary and General Manager, Springfield, 111.
PRINCIPAL OFFICE, Springfield, 111.

ST. LOUIS, KEOKUK AND NORTHWESTERN RAILROAD.— The date of hold-
ing the annual meeting of this company has been changed to the first Wednesday after the
fourth Monday in April.

ST. LOUIS SOUTHWESTERN SYSTEM. — Statement of income account from July
1 to December 31, 1891 :

St. L. S. W.
Ry. Co.

St. L. S. W.
Ry. Co.,
of Texas.

T. S. E.
Ry. Co.

Consol-
idated.

Enrninfjs from Traffic Passenger . .. ...

289.374 62

S

205,02751

S

23,766 16

518,168 29

Freight

1,330 IfJO 47

668,53230

49,694 78

2,048,387 55

Mail

28,905 81

20,054 52

2.734 06

51.694 39

Exprees

21 913 56

11,928 70

1.551 85

35.3f«4 11

Other

17 294 08

10 673 73

1,099 51

29 CK37 32

Total Earnings

1,687,648 54

916,216 76

78,846 36

2,682,711 66

Operating Expenses. — Transportation ....

416.480 45

235,215 85

23,073 29

674,769 59

Motive Power
Maintenance of Cars

243.692 63
74! 982 90

209,409 65

43.457 86

20.176 11
10,425 69

473.278 39
128,816 45

Maintenance of Way
General Expenses

290.976 83
56.925 40

244.479 80
44.4<r2 64

45,19255
2,915 18

580,649 18
104,333 22

Total Expenses

1,083,008 21

777,055 80

101,782 82

1,961,84683

JS~et Enrninrjs from Traffic

604,640 33

139.160 96

22 936 46

720,8&483

Acid • Other Receipts. — Interest

202 10000

Other Receipts .

40.369 55

35,491 43

1.731 77

77.5S2 75

Total Available Revenue

847,10988

174,652 39

* 21,204 69

798,457 58

Payments. — Interest on Bonds

400 00000

188,900 00

13 200 00

400,000 00

Taxes

2950000

22 379 71

2 257 86

54.137 57

Other Payments

1,02014

2,659 34

12920

3,80868

Total Payments

430,520 14

213,939 05

15 5S7 06

457.946 25

Surplus

416,589 74

* 39,286 66

* 36 791 75

440,511 33.

* Deficit.

ST. LOUIS, V AND ALIA AND TERRE HAUTE RAILROAD.— Errata : The
gauge of this road is 4 ft. 9 in. Interest is payable at the office of the Central Trust
Co., New York, N. Y.

ST. PAUL AND DULUTH

months ending March 31, 1892 :

RAILROAD. — Supplementary Statement for nine

Earnings. — Passenger . . .

Freight

Mail

Express

Miscellaneous. . .

$392,468 56

1,049.302 66

15.730 31

16.875 00

8,739 17

Total.

Expenses. — Transportation ,

Maintenance of Way

Rolling Stock

General

§482,735 93
171,959 08
120.947 88
99,287 92

$1,483,115 70 ' Total §874,930 81

$608,184.89. Add other receipts: Interest and exchange, $7,748.20;
$13,313.74— total available revenue, $632,515.15. Charges
bonds, accrued, §112.500; taxes, $43,742.13; rentals, $71,-

Xet earnings,

dividends, $3,268.32; rentals
against revenue : Interest on

642.41 ; special accounts, $19,411.64 ; dividends on preferred stock (4$ percent., Septembe'r l',-
1891, $166,307.79 ; 34- per cent., March 1, 1892, $181,485.50), $347,793.29— total, $595,089.47.
Balance, surplus, $37,425.68; surplus on hand, July 1, 1891, $166,307,79— total surplus
March 31, 1892, $203,733.47.

SAVANNAH, FLORIDA AND WESTERN RAILWAY.— (Supplementary State-
ment).—Gross earnings from July 1, 1891 to April 1. 1S92, *2. 389,201.30. Expense?, $1,577,-
854.72. Income from sources other than transportation, $107,087.

^SEABOARD RAILWAY CO. OF ALABAMA.— Main Line of Road.— Xannahubba
to Tuscarora, Ala., 24.25 miles. Branch : Davids Lake to River Junction, 1.75 miles — total
length of liues owned, December 31, 1891. 26 miles. Sidings, etc., 4 miles.x Gauge, 3 ft. 6
in. Rail (steel 26 miles), 35 and 40 Ibs. Chartered January 20, 189C, and succeeded to the

1164 POOR'S MANUAL OF RAILROADS — SUPPLEMENT.

railroad of the Seaboard Manufacturing Co. Rolling Stock, December 31, 1891. — Locomo-
tive engines, 6. Cars— passenger, 1 ; baggage, mail, and express, 2 ; freight (box, 4 ; stock,
1 ; platform, 105), 110 ; caboose, 5 ; other, 16— total cars, 134. Operations for year ending
December 31, 1891. — Train mileage — passenger, 15,000; mixed, 15,000 ; other, 69,000 — total,
99,000 miles. Passenger and freight statistics not reported. Earnings — passenger, $1,496.-
62 ; freight, $40,908.76 — total, $4^,405.38. Operating expenses — transportation and motive
power, $20,414.65 ; maintenance of.cars, etc., $6,404.39 ; maintenance of way, etc., $7,290.-
47; general, $4,303.10— total, $38,411.61. Net earnings, $3,993.77. Paid interest on bonds,
$13,135.18. Deficit for year, $9,141.41.

Financial Statement, December 31, 1891.— Capital stock (par, $100), $500,000 ; funded
debt (6 per cent. 50-year $1,000 gold coupon bonds, dated November 1, 1890, interest payable
May and November), $216,000 — total stock and bonds, $716,000. Contra : Cost of road,
$202,480.76 ; rolling stock, $28,171.84 ; real estate, buildings and terminals, $14,665.07 ;
lighters and barges, $7,850 — total, $253,176.67. Trustee of oonds, American Loan and Trust
Co., New York, N. Y. Directors (elected November 13, 1891) : Brant us H. Barnes, Frank
Rudd, Brooklyn, N. Y. ; H. C. Burrows, Tarrytovvn, N. Y. ; Thomas Miller, Orange, N. J. ;
Robert Middleton, Mobile, Ala.; Willis J Best, H. D/Haven, New York, N. Y. HENRY

D. HAVEN, President ; Thomas Miller, Vice-President, New York, N. Y. ; Robert Middleton,
Secretary and Treasurer, Mobile, Ala.; Willis J. Best, General Manager, New York, N. Y. ;
T. E. Spottswood, General Superintendent, Fairford, Ala. PRINCIPAL OFFICE AND ADDRESS,
12 Broadway, New Y^ork, N. Y.

SOUTH CAROLINA. — A plan of reorganization has been proposed, which provides
for the organization of a new company with a capital of $4,200,000 common stock, $2,500,000
Q per cent, cumulative first preferred stock, $3,000,000 6 per cent, cumulative second pre-
ferred stock, and $6,300,000 1st mortgage 5 per cent. 50 year gold bonds. The first mort-
gage bonds will be issued as follows : To provide for present purchase money 1st consols
and interest, about $5,200,000; for prior liens, about $300,000; for car trust securities, for
improvements and betterments of the property and the purchase of new equipment ; for costs
and expenses of foreclosure and reorganization, and other cash requirements, $800,000 — total;
$6,300,000. The rest of the old securities are provided for in the new issues as follows :
Present purchase money 2d consols and interest will receive about $1,600,000 in 1st preferred
stock ; present purchase money incomes about $1,500,000 in second preferred stock, and
about $1,500,000 in common stock, and present common stock will receive $2,100,000 in new
common. Of the 1st preferred there will remain as reserve about $870,000. Of the 2d
preferred about, $720, 000 will be used to provide for cash assessments, $589,500 to acquire
stock of the New York and Charleston Warehouse and Steam Navigation Co., and the
remainder ($190,500) of the 2d preferred and $600,000 of the common stock will be reserved
for future requirements.

SOUTH EASTON AND PHILLIPSBURG RAILROAD.— South Easton, Pa., to
boundary line between New Jersey and Pennsylvania (about) 0.33 mile. Organized July 25,
1889. Operated by the Lehigh and Hudson River Ry. Co. (see page 324), and operations
included in those of that company. Capital stock, $75,000 ; current liabilities, $7,899.12, —
total, representing cost of road, $82,899.12. Directors : F. R. Cope, S. Shepherd, E. Hill,

E. N. Moor, W. A. Buchanan, C. F. Howell, Philadelphia, Pa. J. S. HARRIS, President;
S. Shepherd, $3cn?£7,/v/ and Treasurer, Philadelphia, Pa. PRINCIPAL OFFICE, 228 South
Third Street. Philadelphia, Pa.' Operating office, Warwick, N. Y.

TENNESSEE MIDLAND. — It is proposed to cancel the present outstanding mort-
gage bonds and issue in place of them first mortgage 5 per cent, bonds at the rate of $11,000,
and second mortgage bonds at the rate of $9,000 per mile of main line of road now completed.
The road has recently passed under the control of the Paducah, Tennessee and Alabama
RR. Co. Directors (elected May 6, 1892).— John T. Davis, William L. Huse, Alvah Mansur,
T. H. VVest, T. J. Moss, James H. Allen, St. Louis, Mo.; A. S. Buford, R. L. Traylor, Rich-
mond, Va. ; John Overton, Jr.. D. T. Porter, T. J. Latham, Memphis, Tenn. The following
officers were elected : T. J. Moss, President, T. H. West, Vice- President, St. Louis, Mo.;
John Overton, Jr., Second Vice-President, Memphis, Tenn.; Frank P. Jones, Secretary, St.
Louis, Mo.

TEXAS CENTRAL RAILWAY.— Revised f Statement of Rolling Stock.— Loco-
motive engines, 10. Cars, passenger, 8 ; baggage, mail and express, 3 ; freight (box, 160 ;
platform, 96), 256— total cars, 267. This road is still operated by the Purchasing Com-
mittee, no organization having yet been effected. Gross earnings for six months ending
March 31, 1892, $173.907: operating expenses and taxes, $139,589. Net earnings, $34,418.
Of the Purchasing Committee, whose names are given on page 603, for C. B. Gould, read Cor-
nelius B. Gold.

TEXAS, SABINE VALLEY AND NORTHWESTERN RAILWAY.— A ddendum :
Financial Statement, June 30, 1891.— Capital stock, $475,000; funded debt (described on
page 604), $475,000 ; bills payable, $2,000 ; current accounts. $3,498.95 ; matured interest

POOR'S MANUAL OF RAILROADS — SUPPLEMENT. 1165

coupons, $70,125— total, $1.025,623.95. Contra : Cost of road, $915,000 ; of equipment, $35-T
000 ; materials and fuel on hand, $500 ; bills receivable, $420 55 ; current accounts, $5,079.-
55 ; cash on hand. $2.783.26 ; profit and loss, $66,840.59— total, $1,0-25623.95.

TOLEDO AND OHIO CENTRAL RAILWAY. — (Supplementary Statement}.—
Gross earnings for nine months ending March 31, 1892, $1,182,875.33. Operating expenses,
$785,862.38. Net earnings, $397.012.95. Add income from other sources. $4,850.61 — total
income, $401,8(53.56. Deductions from income : Interest on funded d^bt accrued ,$136.-
684.99 ; interest on other liabilities, $3,115.69 ; taxes accrued, $27,012.91— total, $166,813.59.
Balance surplus, $235,049.97.

TOLEDO, COLUMBUS AND CINCINNATI RAILWAY.— This road is reported to
have been recently purchased by the Cleveland, Cincinnati, Chicago and St. Louis Ry. Co.

UNION POINT AND WHITE PLAINS RAILROAD.— The principal offices of
this company are at Augusta, Ga.

UNION TERMINAL RAILROAD.— Revised List of Directors : Frank Rumsey, New
York, N. Y. : S. G. DeCoursey, Nicholas Thouron, Philadelphia, Pa.; Robert, Bell, E. T.
Johnson, M. K. Lewis. F. S. Bnell, J. H. Poole, R. D. McCreary, J. A. Fellows, G. T. Adams,
R. L. Manning. J. F. Reynolds. Buffalo, N. Y.

VICKSBURG, SHREVEFORT AND PACIFIC RAILROAD.— (Supplementary
Statement). — Statement of earnings and expenses for nine months ending March 31, 1892 :

Earnings.— Passenger $153.911 38

Freijrht 313.622 85

Mail 14.037 03

Express 7.703 28

Miscellaneous 40,951 03

Expenses.— Transportation $88,192 52

Motive Power 81.748 15

Maintenance of Way 120.630 12

Maintenance of Cars 44.633 40

General 28.640 67

Total Earnings ..$530,225 57 Total Expenses $364,844 8&

Erratum: In list of directors and officers on page 622, the address of Charles Schiff
should be London, Eng. , in-tead of Cincinnati, O. The corrected address of George C.
Wuddill, on same page, is Tallulab, La.

WABASH RAILROAD. — Statement of earnings and expenses for 9 months ending
March 31, 1892.— Gro-*s earnings, $11,257,985.27. Operating expenses, $8,339,043.50. Net
earnings, $2.918,941.72.

WADENA AND PARK RAPIDS ^RAILROAD.— It is reported that this road has
been recently purcha-ed by the Great Northern Ry. Co.

WARE RIVER RAILROAD.— Palmer, Mass., to Winchendon, Mass., 49.35 miles.
Sidings, 5.86 miles. Gauge, 4ft. 8| in. Rail (steel, 41.39 miles), 63 to 72 Ibs. Leased to
and operated bvr the Boston and Albany RR. Co. (see page 68). Rental, year ending June 30,
1891, $52.500. " Financial Statement, June 30, 1891.— Capital stock (authorized, $1,000,000),
$750,000 ; unfunded debt, $365,163.82— total, $1,115.1<>3.82. representing cost of road.
Directors: J. A. Rumrill, Springfield, Mass. ; C. A. Ware, Stevens, Mas^. ; E. B. Gillet,
WestnVld, Mass. ; \V. W. Whitney, Winchendon, Mass. ; C. E. Stevens, Hingham, Mass. ;
H. B. Chapin, Boston, Mass.; Charles S. Sargent, Brookline, Mass. J. A. RUMRILL, Presi-
dent, Springfield, Mass. ; C. E. Stevens. Treasurer. Hingham, Mass ; E. W. Long, Clerk,
Springfield, Mass. PRINCIPAL OFFICE AND ADDRESS, Springfield, Mass.

WEATHERFORD, MINERAL WELLS AND NORTHWESTERN RAILWAY.
—Director* (elected June 14, 1892) : L. M. Fouts. E. R. Standish, A. F. McKay, Guy B.
Short, J. O. Fouts, W. Hamon, A. W. Chanslor, Weatherford. Tex.; S. M. Fmley, J. A.
Cmnkhite, Dallas, Tex. L. M. FOUTS, President and General Manager, Weatherford, Tex. :
S. M. Finley, Vice- President, Dallas, Tex.; E. R. Standish, Auditor and Treasurer ; A. F.
McKay, Secretary and Superintendent, Weatherford, Tex.

WESTERN MARYLAND RAILROAD.— Reused Statement of the sinking funds
of this company in the hands of Baltimore Commissioners of Finance (see page 633) : Hilleu
Station sinking fund, $39,915.27; W. M. RR. Terminal Co. sinking fund, $11,900.43; 5th
mortgage sinking fund, $113,613.63 : W. M. RR. 1925 loan. $*>•>, 267. 65— total, $218,696.98.

WESTERN NEW YORK AND PENNSYLVANIA RAILROAD.— Statement of
earnino-s and expenses for 9 months ending March 31, 1892.— Gross earnings, $2,750,287.17.
Operating expenses, $1,868,861.58. Net earnings. $881,425.59. Erratum: In list of direc-
tors on page 636, for " Edward T. Sweet'' read " Edward T. Steel."

WHEELING AND LAKE ERIE RAILWAY.— It is proposed to increase the
capital stock of this company to the sum of $14,500,000, by issuing additional common stock
to the amount of $4,000,000, for the purpose of increasing its machinery, rolling stockr
depots and other fixtures, and for completing its line of road, liquidating and paying off its
unfunded and floating debt, and for any and all of said purposes, and for any of the pur-
poses authorize! by law. It is also proposed to execute a consolidated mortgage for $8,-
000,000, bearing interest at the rate of 4 per centum per annum, and securing the same by

1166 POOR'S MANUAL OF RAILROADS — SUPPLEMENT.

mortgage on the property of the company or otherwise, in such form as the stockholders
may direct or approve, for any of the following purposes: Laying additional track, increasing
the machinery and rolling stock, building depots and shops, making improvements, paying
its unfunded debts and redeeming its bonds, and for any of the purposes authorized by law.

WILMINGTON AND NORTHERN RAILROAD.— Supplementary Statement.—
Earnings for year ending December 31, 1891 — passenger, $82,527.08 ; freight, $342,504.95 ;
mail, $3,743.5-2 ; express, $2,751.72 ; other, $13,100.69— total, $444,627.96. Operating ex-
penses and taxes, $379/293.84. Net earnings, $65,334.12. Add interest received, $353.61—
total income, $65,687.73. Paid interest on bonds, $25,400. Surplus, $40,287.73.

WINONA BRIDGE RAILWAY CO.— The bridge of this company crosses the Miss-
issippi River from the east shore at the western terminal of the Green Bay, Winona and St.
Paul Ry. , and the Chicago, Burlington and Northern RR., to the city of Winona, on its west
shore, being the eastern terminus of the Winona and Southwestern Ry. The bridge is leased
to these three companies for a term of thirty years. Each of the lessors agree to pay $100
per month, for a period of five years (over and above tolls) to the Bridge Co., for mainte-
nance, repairs, taxes and insurance. The aforesaid roads, under severally executed contracts,
agree to pass all their traffic over the bridge. Financial Statement. — Capital stock issued,
$400,000 ; funded debt (1st mortgage 5 per cent. $1,000 coupon bonds, dated September 1,
1890, due September 1, 1915, interest payable March and September ; authorized, $400,000)
outstanding, $375.000— total stock and bonds, $775,000. The bonds can be registered as to
principal. They are secured by first mortgage upon the entire property of the bridge, includ-
ing approaches. Principal and interest payable in gold in New York City. It is provided
that all bonds issued shall be redeemed by the operation of a sinking fund, to begin March 1,
1898, after the payment of interest charges, operating expenses, and a semi-annual dividend
of 2£ per cent, on its capital stock, covering the entire amount of said surplus net income.
When sufficient funds shall have accumulated to redeem five bonds, they shall be drawn by
lot and redeemed at 110 and accrued interest, provided they cannot be purchased in the open
market for less. Trustee, Farmers' Loan and Trust Co., New York, N. Y. Directors : B.
G. Clarke, E. F. Hatfield, Joseph Walker, Jr., New York, N. Y. ; C. J. Peasley, Geo. B.
Harris, J. W. Loosey, Chicago, 111.; H. W. Lamberton, V. Simpson, M. G. Norton, Winona,
Minn. M. G. NORTON, President, Winona, Minn.; Joseph Walker, Jr., Vice-President, New
York, N. Y.; H. W. Weiss, Secretary, Chicago, 111.

WISCONSIN CENTRAL CO. AND WISCONSIN CENTRAL RAILROAD CO.—

Consolidated statement of income account for six months ending December 31, 1891. — Net
rental from Northern Pacific I1R. Co., $605,798.53 ; income from securities, $231,253 09 ;
miscellaneous income, $4,660.96 — total income, $841,712.58. Payments : Interest on bonds,
$545,153.11; on debentures of leased lines, $17,370 ; interest, exchange and commissions,
$22,427.93; engine and car rentals and trackage, $174,201.29 ; general expenses (including
old operating accounts before lease), $64,647.96 — total, $823,800.29. Surplus for six months,
$17,912.29. Add surplus, June 30, 1891, $160,541.99— total surplus, December 31, 1891,
$178,454.28.

YOUGHIOGHENY NORTHERN RAILROAD.— Bradford to Summit, Pa., 2.51
miles. Rail (steel), 60 Ibs. Gauge, 4 ft. 8£ in. Chartered August 16, 1881 ; road opened in
1863. Leased to the Pittsburgh, McKeesport and Youghiogheny RR. Co. Capital stock,
representing cost of road, etc., $400,000. This road is erroneously reported on page 489, as
the Dickerson Run and Youghiogheny Northern RR. Co. THOMAS MELLON, President ; A. M.
Thome, Treasurer ; W. F. McCook, Secretary, Pittsburgh, Pa.

ARCADIA, GULP COAST AND LAKELAND RAILROAD OF FLORIDA.—

Projected from Lakeland to Boca Grande, with branches from Sarasosta and Grove City, a
total distance of 196.2 miles. Completed and in Operation : Braidentown to Sarasota, Fla.,
13 miles. Gauge, 4 ft. 8£ in. Rail (steel), 56 Ibs. Chartered May 13, 1891 ; road opened in
February, 1892. The company has a land grant of 3,840 acres per mile. Capital stock (par,
$100) authorized, $1,500,000 ; outstanding, $500,000. Directors: Anthony Peters, Edward
Kakas, William F. Peters, Howard M. Sawyer, Frederick C. Peters. ANTHONY PETERS,
President ; Wm. B. Rand, Secretary, 88 Lincoln St., Boston, Mass.; Frederick C. Peters,
Treasurer, Arcadia, Fla. GENERAL OFFICE, Arcadia, Fla.

BELLEVILLE AND ELDORADO RAILROAD.— The second mortgage bonds
described on page 936, are income bonds.

BELLEVILLE AND SOUTHERN ILLINOIS RAILROAD.— In statement on this
company given on page 936, the amount of " Interest on bonds" should be $81,280 instead of
$81,680, and " common stock" should be $430,000 instead of $417,000.

CHATTANOOGA UNION RAILWAY.— Revised Mileage: Around City of Chatta-
nooga, Tenn., 42.5 miles. Directors : H. S. Chamberlain, O. L. Hurlbut, D. S. Anderson,
E. O. Wells, C. L. Morrison. H. S. CHAMBERLAIN, President and Receiver ; D. S. Anderson,

POOR'S MANUAL OF RAILROADS — SUPPLEMENT. 1167

Vice-President; 0. L. Hurlbut, Secretary and Treasurer; J. R. Shaler, Superintendent;
•Geo. D. Sparks, Auditor, Chattanooga, Tenn.

CHICAGO, ST. LOUIS AND FADUCAH RAILWAY.— The address of the Franklin
Trust Co., trustee of the bonds of this company, is Brooklyn, N. Y., not New York, N. Y..
as stated on page 936.

COLUMBUS, HOCKING VALLEY AND TOLEDO RAILWAY.— Errata : The
gauge of this road is 4 ft. 8$ in., and the mileage of steel rails, 380.69 miles.

DENVER AND RIO GRANDE RAILROAD.— Reused List of Directors (elected

E. O. Wolcott, Denver, Col. The address of George Coppell, Chairman of the Board of
Directors, is 24 Exchange Place, New York, N. Y. The general offices of the company are
located in the Equitable Building, Denver, Col.

DETROIT UNION RAILROAD, DEPOT AND STATION CO.— Since the close of
the fiscal year the capital stock of this company has been increased $600.000 (bonds having
been exchanged for stock, as stated on page 733), making the total amount of stock outstand-
ing and listed on the New York Stock Exchange s2,250,000.

ERIE AND HURON RAILWAY.— Sensed List of Officers : E. H. BICKFORD, Presi-
dent, Toronto, Ont. ; J. J. Ross. Managing Director ; J. E. Foreman, Secretary and Auditor ;
E. H. Edwards, Treasurer and Accountant, Chatham, Ont. The principal office is now
located at Chatham, Ont.

ELIZABETHTOWN, LEXINGTON AND BIG SANDY RAILROAD.— Rented
List of Directors and Officers: M. E. Ingalls, W. P. Anderson, George W. Lewis, \V. H.
•Jackson, N. R. Johnson, J. C. Davie, Cincinnati, 0.; J. S. Woolfolk, George 0. Graves, Lex-
ington, Ky. ; George F. Nelson, Winchester, Ky. M. E. IXGAI.I.S, President ; W. P. Ander-
son, Vice-President; J. C. Davie, Sec., Cincinnati, O. ; T. 0. Barbour, Treas., Richmond, Va.

HANNIBAL AND ST. JOSEPH RAILROAD.— On May 25, 1892, there were listed
on the New York Stock Exchange ,$593.000 additional consolidated 6 per cent, bonds of this
company, making the total amount listed to date §8,000,000 — Nos. 1 to 8,000. inclusive.
These bonds were issued and sold to take up an equal amount of Kansas City and Cameron
and Quincy and Palmyra bonds, which have been cancelled.

KANSAS CITY AND MEMPHIS RAILWAY AND BRIDGE CO.— Length of road

from a point near Marion, Crittenden Co., Ark., across the Mississippi River to Memphis,
Tenn. — total length of surface road, 1.3 miles, with 1 mile of sidings and connections, and of
the bridge (including trestle work, viaducts, etc.), 1.5 miles. Gauge, 4 ft. 8| in. Rail — all
steel. Chartered November 21, 1887. Bridge opened for traffic May 12, 1892. Finar.cia*
Statement. May 23, 1892.— Capital stock issued and outstanding, $20,000. Funded debt con-
sists of ^3,000,000 1st mortgage 5 per cent. 40-year $1,000 gold coupon bonds, dated October
1, 1889, interest payable April 1 and October 1 — principal and interest guaranteed by the
Kansas City, Fort Scott and Memphis RR. Co. Trustee, Bay State Trust Co., Boston, Mass.
Principal and interest payable at agency of the company, in Boston, Mass., and at the office
of the Union Trust Co., New York City. Principal of bonds may be registered. Directors :
George H. Nettleton, Wallace Pratt, Kansas City, Mo. ; Jacob Erb, Little Rock, Ark. ; Wm.
Vance, Jr., Hopefield, Ark. ; J. F. Smith, Marion, Ark. GEORGE H. NETTLETON, President,
Kansas City, Mo. ; Chas. Merriam, Treasurer and Transfer Agent, Boston, Mass. ; J. S. Ford,
Secretary, Kansas City, Mo. PRINCIPAL OFFICE, Memphis, Tenn. Transfer office, 50 State
St., Boston. Mass.

MONONGAHELA RIVER RAILROAD.— Fairmont, W. Va., to Clarksburg, W. Va.,
32 miles. Gauge, 4 ft. 8i in. Rail (steel), 62 Ibs. Chartered September 28, 1888 ; road
opened July 15, 1890. Rolling Stock, Operations. — Not reported. Financial Statement. —
Capital stock (par, $100), $1,300,000 ; funded debt (1st mortgage 5 per cent. 30-year $1,000
gold coupon bonds, due February 1, 1919, interest payable February and August, at the
agency of the company in New Yo'rk), $700,000 — total stock and bonds, $2,000,000. Princi-
pal may be registered. Trustee, Mercantile Trust and Deposit Co., Baltimore, Md. Principal
and interest guaranteed by the Baltimore and Ohio RR. Co., by endorsement on each bond.
Bonds listed on the New'York Stock Exchange. J. N. CAMDEN, President, Parkersburg,
W. Va. ; O. J. Sands, Treasurer, Fairmont, \V. Va. ; Hugh G. Bowles, General Superintend-
ent, Monongahela,\V. Va. GENERAL OFFICE, Mouongahela, W. Va.

OREGON PACIFIC RAILROAD.— Bondholders' suit referred to on page 473 was
dismissed May 20, 1892, on application of plaintiffs, the purchaser of the railroad at the fore-
closure sale in January, 1892, agreeing to convey the property to a new company which shall
complete the reorganization. The Board of Directors consists (July, 1892) of those named
on page 473, with the exception of John I. Blair and Osgood Welsh.

1168

Short &earless Motors

Are operating in every part of the
country with uninterrupted success.

Write to Our Customers.

_4Stk. d?S

SHORTG^ARLE
MOTOR

SHORT 20 H. P.CEARLESS MOTORS.

Guaranteed Repairs.

Low Average Current-
Highest Efficiency.

THE SHORT ELECTRIC RAILWAY CO,,

MAIN OFFICES, CLEVELAND, OHIO.

Mills Building, New York City. Monadnock Building, Chicago, 111.

Penn Mutual Building, Philadelphia, Pa. t Old Capitol Building, Atlanta, Ga.

4:7 Fifth Avenue, Pittsburg, Pa. 515 Walnut Street, St. Louis, Mo.

51 Haller Building, Seattle, Wash.

CITY AND SUBURBAN TRAMWAYS.

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RAILROADS MERGED IN OTHER LINES.

A Supplementary List of Merged Roads folloics this List.

The following statement shows the names of companies which have ceased to exist, the lengths
lines and the names of existing corporations in which title to these roads has become vested.

their completed

NAME OF OLD COMPANY.

TERMINI OF COMPLETED ROAD

AT THE TIME OF ITS ACQUIREMENT.

Aberdeen, Bismarck & N. W.
Addison & No. Penna

Addison County

Adirondack Company

Adirondack Estate & RR.

II

r

No road built by this Company j

I Addison, N. Y., to Gaines, Pa. ... | 41.00

'* Junction to Gurnee, Pa.

4.50

Leicester Jc..Vt., to Ticonderoga,Vt. i 15.60 Addison Name Changed.

Saratoga Springs to No. Creek, N. Y.! 60.00

No road built by this Company

Agricultural Branch Framingham Cen.toPratts Jc.,Mass.j 28.98 Old Colony

Akron Br. of Clev'd & Pittsb. .Hudson, p., to Millersburg, O j 63.75 Clev'd. Akron & Columb'siJune 9, 1882.*

Alabama & Chattanooga 'Wauhatchie,Tenn.,to Mendian,Mis?. 1290.16 Alabama Gt. .Southern . . . I January 22, 1877.

Alabama & Florida [Montgomery, Ala., to Pollard, Ala.. 1114.00 Mobile & Montgomery. . . [Consol. in 1882.

NAME OF COMPANY

BY WHICH ACQUIRED, OR

TO WHOSE STATEMENT

REFERENCE SHOULD

BE MADE.

WHEN AND HOW

ACQUIRED BY EXIST-

ING COMPANY.

Minn., St.P.A S. St. Marie Consol., June 11, 1888-
j- Addison & Penna May 5, 1887.

- Adirondack

September 29, 1881.*
Consol., Mar

Alabama & Florida of Fla.. . . jPensacola Jc., Ala. .to Pensacola, Fla. 44. 54! Louisville & Nashville. . .
Alabama & Mississippi Rivers Selma, Ala., to York Station, Ala

Alabama & Tennessee Rivers. Selina, Ala., to Blue Mountain
Alabama Central Selma. Ala., to Lauderdale, Mi*s

Albany Bridge Over Mississippi River at Clinton

81.30' /

. .
la.

Albany & Gulf i No road built by this Company . .

Albany & Schenectadv i Albany, N. Y., to Schenectady. N.Y.

Albany & West Stockbridge . . i Albany, N. Y., to Mass. Line

Albany Northern lAlbany, N.Y., to Waterford Jc.,N.Y.

Albany, Vermont & Canada. .! Albany, N.Y.. to Waterford Jc.,N.Y.
Albia, Knoxv'e & Des Moines; Albia, la., to Knoxville, la.

135.00
95.00

r.oo

By pnrch. in Feb., '80.
Consol. in 1882.

!-E. Tenn., Virginia & Ga. June 14, 1881.*
\ Consol. in 1882.

1.10 Chicago & Northwestern.

Sav.. Fla. & Western

Purchased in 1881.
Consol., Mar. 1. ls*4.

N. Y. Cent. & Hud. River Consol., Nov. 1.

39.30 Boston & Albany Consol., Dec. 2v

12.18 Albany & Vermont...
12.18 Albany & Vermont..

..Oct. 5, 1859.*
Oct. 5, 1859.*

32.90 Chic.,Burling'n& Quincy:BuiltbyC.B.&Q.in'75.

ld- ' V I S- No completed road ' !Keoktik & Western Ling. 19, 1886.*

44.00: Wash'n, Ohio & Western JMay 9, 1883.*

Alexandria & Nebraska City. , \

Alexandria, London & H'ps'e Alexandria, Va., to Hamilton, Va. . .

No road built by this A. & H. RR.Co.

shire, Mich 5.00 Abandoned in

Allegan & Holland

Allegan & Lake Shore ^Allegan to Che

Allegan & Southeastern 'Allegan. Mich., to Monteith, Mich . .

Allegany Central Friendship, N. Y.. to Swain's, N. Y.

Allegany Central, Cons'd Olean. N. Y.. to Swain's, N. Y

Allegheny & Bald Ea^le No road built by this Company

Alleg'y, Kennerdell & Clin'nv. Scrubgrass to Kennerdell, Pa

Allegheny Portage ;Hollidaysburg, Pa., to Johnst'n, Pa.

Alliance & Lake Erie [Alliance, O., to Phalanx, O

Alliance, Niles & Ashtabula.. Alliance Junction to Niles. O

Almaden Branch ! Campbell to New Almaden, Cal

Altadena !Pasadena to Altadena, Cal

Alton & St. Louis i Alton, 111., to St. Louis, Mo

Alton & Sangamon j Alton, 111., to Bloomington, 111 ....

Amador Branch Gait to lone, Cal

Amhov T arising A- Tnv R^r ' ( Owasso, Mich., to Lansing, Mich. .
Amboy, Lansing & Tra\ . Bay -} Langing? Mich ? to jonesv'e. Mich.

American Central 'Galva, 111., to New Boston, 111

American Fork jAmer. Fork City. U., to Deer C'k. U.

Americus, Preston & Lumpkin Louvale to Abbeville, Ga

Amherst & Belchertown iPalmer, Ct., to Amherst, Ct

Amherst. Belchert'n & Palmer Palmer, Ct., to Amherst, Ct

Anderson, Lebanon & St. L...I Anderson, Ind., to Noblesville. Ind..
Androscoggin.. Leeds June, to Farmington.

58.89

Chicago & West Mich Thro' cons. G. H. RR.

11.50 Gin., Jack. & Mackinaw.. Purchased in 1^7.
29.69 Lackawanna & Southw'n. , April 27, 1889.*

Lackavvanna & Southw'n.

| Bald Eagle Valley. .......

, Abandoned in 1879

36.66 Pennsylvania

April 27. 1889.

By purchase in 1>SO.

j Brunswick. Me., to Leeds Jc.. Me
Androscoggin j Crovvlev-3 J^M^ to Lewiston.Me.

Androscoggin & Kennebec. . . j Danville Jc., Me., to Waterville, Me.

Anglesea i Holly Beach to Anglesea. N. J

Annapolis & Elk Ridge Annapolis to Junction. Md

Appleton & New London ; No road built by this Company

Appomattox Petersburg to City Point. Va ."

Arizona Mineral Belt Flagstaff to Fulton, Ariz

Arizona Narrow Gauge JTucson, Ariz., northward

Arkansas & Grenada No road built by Ark. & G. RR. Co.

Arkansas Branch Pilot Knob, Mo., to Mill Sp'gs, Mo..

Arkansas Central Helena, Ark., to Clarendon, Ark

Arkansas Valley [Kit Carson, Col., to La Junta, Col . . .

25.00jLake Erie. Alliance & So.

24.90;Pitts.,Youngst'n & Ash..

9.60 South Pacific Coast

7.00 Pasadena

25.40 Chicago & Alton

130. 80 Chicago & Alton

27.20|Northern (California)....

27.00 Jack'n, Lans'g & Saginaw

61. 141 Lake Shore & Mich. So'rn

50.59 Chicago, Burl. & Quincy.

16.00 Abandoned and rails

112.00 Sav., Amer. & Mont

20.00 New London Northern . . .

20.00|New London Northern. . .

19.39 Midland (Indiana)

36.40 Maine Central

~5'i]J '• Maine Central

54'. 60 Maine Central

.00' West Jersey

Purch. in Mav. ls.57.
December. 1886.*
Consol., Aug. 1, 1887.
Consol.. Mav 23. 1887.
Reorganized in 1888.
Built by C.& A.in '64.
Reorg. in Oct., 1862.
Consol.. May 4, 1888.
By purchase in 1865.
Built in 1872 by L.S.
Built by C.,B.&Q. '69.
taken up in June, '78.
Name ch'd Dec. 26,'S8.
By purch. in Mar., '64.
Bv purch. in Mar., '04.
April 21, 1885.*
Consol. in 1873.

Consol., June 29, 1871.

Consol., Oct. 28,1862.
Purchased in 1888.

20.50 Annap. Wash. & Bait (Reog. in April, 1836.

. . Milwaukee. L. Sh. & W'n. Consol. in 1873.

10.00

. . .
Norfolk & Western

36.00 Central Arizona

10.00 Tucson, Globe & North'n

Georgia Pacific

48 50|St. Louis. Iron Mtn. £ So.
50.00 Arkansas Midland.

*^\

Sold under foreclosure

Februarv 10, 1881.*
December 4, 1888.*
Name ch'd Nov.15787.

Purchased in 1881.
Consol., May 6, 1874.
June 9. 1
in 1878: rails taken

up by purchasers, and! road abandoned.

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

1176

RAILROADS MERGED IN OTHER LINES.

LIST OF RAILROADS MERGED IN OTHER LINES— Continued.

NAME OP OLD COMPANY.

TERMINI OF COMPLETED ROAD
AT THE TIME OP ITS ACQUIREMENT.

LENGTH IN
MILES.

NAME OF COMPANY
BY AVHICH ACQUIRED. OR
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

Ashburnham
Ashtabula & New Lisbon . . .
Ashtabula & Pittsburgh
Atchison & Denver

Ashburnham to So. Ashburn., Mass.
Niles, O. , to Ashtabula, O

2.50
39.00
62. CO

Fitchburg

Purch. April 22
Consol., Aug. 1, 188?.
Consol., AiiLr.
Consol., June 23. 1*7!).
Thro' B. & Mo. Km-r.
Name ch'd Jan. I."(i7.
By legislative enacft.
Consol., July 11, 1870.
Consol., June 1, 1880.
Consol., June 23, 1879.
Consol., June 23, 1879.
By lease in 1883.
Consol., July8, 1880.
Name changed.
Decembers, 1876.*
Consol., June 4, 1880.
January 6, 1880.*
November 4, 1879.*
April 15, 1885.*
Consol., Jan., 1882.
Purch. of C. &P., '80
September 8, 1876.*
Consol., June 4, 1880
Apr.,M.&June,1888.
February 10, 1881.*
October 29, 1858.*
October 29, 1858.*
Consol., July 29, 1889
Consol.. Nov. 1, 1869
Consol., Nov. 1,1869
Consol.. Oct. 22, 1886
See General Index.
Name changed.
Consolidation in 1886
Consol., Oct. 22, 1886.
Built bvC.B.&Q.in'64
Consol., June 4, 1880.
Consol., June 4, 1880.

Consol. in Oct., 1886.
Consol. in 1882.
Consol. in Oct., 1886.
Consolidated in 1888.
Consol., Oct. 31, 1881.
Consol., Feb. 5, 1838.

Consol., Dec. 9, 1854.

Built byB.&O. in "35
Name changed in '53.
December 4. 1876.*
Name changed in '77.
Consol., July 15, 1873,
Purch. Feb. 7, 1883.
October 4, 1880.*
October 4, 1880.*
Consol. inMch., 1871.
Bought in 1865.*
Consol.. July 1, 1885.*
Name changed.
See Generallnclex.
Consol., May 23. 1887
Consol., June 4. 1872
ConeoL, Aug. 22, 1872
Purchased in 1888.
April 1'.). 1887.*
Consol., July, 1864.
June 4. 18815.*
Consol., July 30, 1*64

Purch. April i

Consol., Feb.
Reorg , Feb. 26. 1S83.
Consul., April, isf.s.
Consol., April
Purchased in 1880.
Reorg. in ISti 1.
Consolidated in 1864.
Dcmnbi-r !», :

Pitts., Youngst'n & Ash..
Pitts., Youngst'n & Ash..
Atchison, Colorado & Pac.
Chicago, Burl. & Quiucy .
Central Branch U. P
Atch., Topeka & Santa Fe

Ashtabula Harbor to Youngstown, O.
No road built by this Company

Atchison & Nebraska
Atchison & Pike's Peak
Atchison & Topeka

Atchison, Kau., to Lincoln, Neb
No road built by this Company

145.74

Road built by A., T. & Santa Fe

Atchison & Weston

No road built by this Company . . .

Kan.C.,St.Jo.&Coun.B'£Fs
Chicago, Rock IsPd & Pac.
Atchison, Col. & Pacific. .
Atchison, Col. & Pacific. .
West Shore
Boston & Albany
Atlanta & West Point....
Atlanta & Charl'te Air-Li.
Chicago,Rdck Isl'd & Pac.
New York, Penn. & Ohio
Savannah, Fla. & West'n.
Toledo & Ohio Central. . .
Toledo & Ohio Central . . .
Chic., Milw'kee & St. Paul
St. Louis & San Francisco
Chic., Rock Isl'd & Pacific
Fla. Central & Peninsular
Norfolk & Western
Buffalo, New York &Erie
Buffalo, New York & Erie
Wabash

Atchison Bch. (C.&S.W.RR.)
Atchison, Repub. Val. & Pac.
Atchison, Sol. Val. & Denver.
Athens Br. (N. Y. C. & H. R.).
Athol & Enfield

Plattsburg, Mo., to Atchison, Kan ..
Buffalo Junction to Scanclia, Kan. . .
Concordia to Cawker City, Kan
Schenectady June, to Athens, N. Y.
Springfield to Athol, Mass
East Point to West Point, Ga
Atlanta Ga to Charlotte

29.08
15.00
47.00
40.29
46.55
80.74
269.00
24.50
424.47
347.17
7.30

Atlanta & La Grange
Atlanta & Richmond Air-Line
Atlantic & Audubon
Atlantic & Great Western. . . .
Atlantic & Gulf

Atlantic to Audubon, la.

See MANUAL for 1881, page 528
See MANUAL for 1880, page 531
New Lexington to Moxahala, O. . .
No road built by A. & N. W.

Atlantic & Lake Erie

Atlantic & Northwestern
Atlantic & Pacific (111.)
Atlantic & Pacific (Mo.)

No mad built by A. & P
Pacific to Seneca, Mo

293166

Atlantic & Southern

No road built by A & S

Atl.,Gulf & W. India Trans..
Atlantic, Mississippi & Ohio .
Attica & Buffalo
Attica & Hornellsville

Fernandina to Cedar Keys,Fla
See MANUAL for 1882, page 374
Attica to Buffalo, N. Y. . .

155.00
428.00
31.95
31.95
14. W
78.00
26.00
68.00
6.00
53.00

Buffalo to Attica, N. Y

Attica, Covington & Southern
Auburn & Rochester
Auburn & Syracuse
Augusta & Knoxville

Attica to Covington, Ind

Auburn to Rochester, N. Y
Auburn to Syracuse, N. Y
Augusta. Ga., to Greenwood, S. C. . .
Coats, Ark., to Lone Grove, Ark. . . .
Millen to Augusta, Ga ...
No road built by this Company.

N. Y. Cent. & Hud. River
N. Y. Cent. & Hud. River
Port Royal & W. No. Car.
White & Black Riv. Val..
Augusta & Savannah
Augusta & Cnattanooga..
Port Royal & W. No. Car.
Chicago, Burl. & Quincy.
Chic., Rock Isl'd & Pac .

Augusta & Southeastern . ...
Augusta & Waynesboro
Augusta, Elberton & Chicago .
Augu-ta, Knoxv. & G'nwood.
Aurora Extension
Avoca, Macedonia & S'hw'n .
Avoca Harlan <fc Northern

Bachman Valley of Pa

No road built by A K & G

Chicago to Aurora, la
Avoca to Carson, la

37.00

Avoca to Harlan, la

11.80

9.00
12.00
20.00
29.70

'36 .'66
36.00
9.00
31.00

Chic., Rock IsPd& Pac..

Baltimore & Harrisburg. .
Maryland Central
Baltimore & Harrisburg..
Wheeling, Pitts. & Balto.
Phila., & Baltimore Cent.
Phila., Wilmington &Balt.
Northern Central I

Valley Junction, Pa., to Md. Line. . .
Baltimore to Lock Haven, Md
Emory Grove, Pa., to Intersection. . .
Glenwood to Zediker, Pa

Baltimore & Delta

Baltimore & Hanover

Balto. & Ohio Short Line.
Baltimore & Philadelphia. . . .
Baltimore & Port Deposit ....
Baltimore & Susquehanna
Westminster Branch . . .
Baltimore & Washington
Bait Carroll & Frederick

No road built by B. & P
Baltimore to Havre de Grace, Md
Baltimore, Md., to Penn. Line
Roland to Owings Mills, Md
Relay House, Md., to Was'gton,D.C.
No road built by B. C. & F.

Abandoned f

B. & O., Washington Br. .
Western Marybmd
Wilmington & Northern .
Bait. & Ohio & Chicago..
Chicago & Atlantic.

Bait., Phila, & New York ....
Bait., Pittsburgh & Chicago. .
Bait., Pittsb'g & Continental.
Baltimore Short Line

No road completed by B. P. & N. Y.
Chicago Jc., O., to Bait. Jc.. Ill
No road completed by B P & C

262160

Main Line Junction to Belpre, O . . . .
Bango^to Milford, Me

30.30
12.50
12.50

Cincinnati, Wash. & Bait.
European & No. Amer . . .
European & No. Amer. . .
Chicago & Northwestern.
Louisville & Nashville.. .
Fitchburg

B'gor & Piscataquis Can.&RR
Bangor, Oldtown & Milford..
Baraboo Valley Air-Line
Bardstown & Louisville
Barre & Worcester

Bangor to Milford, Me

No road built

Junction to Bardstown, Ky
No road built by B. & W ..

17.30

Glasgow June., to Glasgow, Ky
Brinkley, Ark., to Jacksonport, Ark.
Alameda Point to Newark, Cal
No road built by B. C. & E. S
Marquette. Mich., to Iron Mines
Kegomic to Harbor Springs, Mich. . .
No road built by this Company
Mauch Chunk, Pa, to Coal Mines. . .
See MANUAL for 1880
Hopewell to Mt. Dallas, Pa ...

10.50
58.00
25.20

'20l50
5.70

'20."47
124.45
13.50
42.86

'42 '66

203 .'ifj
118.00
21.40
85.10

48.80

Glasgow (L. & N.)

Batesville & Brinkley

White & Black Riv. Val. .
South Pacific Coast
Flint and Pere Marquette
Marq., Honght'n & Ont'n
Grand Rapids & Indiana.
Pittsb., Shenango & L. E.
Lehigh Valley

Bay & Coast ....

Bay City & East Saginaw
Bayde, Noquette & Marquette
Bay View, Lit. Trav. & Mack. .
Bear Creek

Beach Cr., Clearf'd & S'hw'n.
Bedford

Beech Creek
Huntington & B. TopMt.

j- Louisv. N. Alb. & Chic.

Bellaire,' Zanesv. & Cm..
Cin., Wheeling & N. Y...
Clev., Col., Cto.&Ind'pM
Clev., Col., Cin. & Ind'p'ss
Bald Ea<"le Vallcv

Bed., Sp'gv., Ow'sb. &B'mf'd
Bedford & Bloomfield

Bedford & Switz City Ind

See B , S , O & B., above.

Bellaire & Southwestern
Bellaire, Beaver Val. & Shaw.
Belief on taine.

Bellaire to Woodsfield, O

No road built by this Company
Galion, O., to Indianapolis, Ind
Galion, O to Indiana Line.

Bellefontaine & Indiana
Belief onte & Snow Shoe
Belleville & Illinoistown
Beloit & Madison

B. E. V. Inters'nto Snow Shoe. Pu. .
Belleville to Alton Junction, 111
Beloit to Madison. Wis
No road built by B. & C. .

St. Louis, Alton & T. H. .
Chicago & Northwestern.
cin., Wash. & Bait

Belpre & Cincinnati

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

KAILEOADS MERGED IN OTHER LINES.

1177

LIST OF RAILROADS MERGED IN OTHER LINES— Continue.

NAME OF OLD COMPANY.

TEKMINI op COMPLETED ROAD
AT THE TIME OP ITS ACQUIREMENT.

1.1 M.TII IN

MILES.

NAME OP COMPANY
BY WHICH ACQUIRED, OK
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

Berkeley Branch

Shell Mound to Berryman'e, Cal —
\o road built by B. & Chester

3.84

Northern (California^. ...
Wilmington & Northern.
Schuylkill& Lehigh
Morgan's La. & Texas
I Sold Juue 6 1878. Road
'I taken to Sandv River
Denver & Rio Grande W .
Sheffield & Birmingham. .
Abandoned in 1884 .
Det., Bay City & Alpena..
Utica & Black River
Abandoned in 1872

Consol., May 4, 1888.
December 4, 1876.*
Reorg., June 7, 1880.
Consolidated in 1870.
abandoned: rails
RR., Maine.
Purchased in 1882.
N'e ch'd Feb. 17, 1885.

Purchased in 1886.
Consol., Oct. 1, 1883.

Berk* & Chester

Berks Countv .

Reading to Slatington, Pa
XoroadbuUtbyB B & T

41.20

Billerica & Bedford

North Billerica to Bedford, Mass

Sandy to Bingham City, Utah
No road built by this Company
Black Diamond to Nortonville, Cal. .
Black River, Mich., to Junction
Philadelphia, N. Y., to Morristown. .
Bet. Carthage and Russell, N. Y
Utica to Boonville, N. Y
Delaware to Blairstown, N. J
Switz City, Ind.. to Wabash River..
Bement to Windsor 111

8.63
15.00

6. (6
15.25
36.60
12.00
35.00
11.33
35.00
35.00
15.64
17.00
30.00

B'gham Canon »fc Camp Floyd
Birmingham & Tennessee
Black Diamond
Black River
Black River & Morristown. . .
Black River & St. Lawrence..
Black River & Utica

Utica & Black River
N. Y., Susq. & Western. .
Indiana & Illinois So
Wabash

March 31, 1«60.*
Consolidated in 1882.
Consolidated in 1886.
Consol., July 29, 1889.
Consol., Jan. 1. 1^13.
Purchased in 1870.
November 7, 1887.*
Consol., June 12. 1886.
April 23, 1873.*
Consol., Jan. 1. 1S42.
Consolidated in 1844.
See 1884 MANUAL.
Consol., Jan. 1, 1842.
Consol., Dec. 11, 1883.
Consol., Sept. 4, 1867.
Consol., July 1, 1*85.
Consol., Mai. 5, 1883.
Consol., Mar. 5, 1883.

Reorganized in 1873.

Purch. June 1
Consol. in May, 1-vfc.
Consol., Dec. 11. 1883.
Purchased in 1887.

Consolidated in 1SS9'
Reorganization in '86.
Consol.. June 1, 1883.
Consolidated in 1888-
Purch. Mar. 1. 1^-,'.

Consol., June 9. 1S81.
See MANUAL for 1884
Consol., April. 1889.

May 4, 1885.*
See MANUAL for 1884.
October 26, 1887.*
Consolidated in 1881.
Consol., Julv, 1875.
Consol., Jan". 1, 1880.
Reorg. Dec. 19. 1882.
Reorg. Dec. 19. 1882.
March 3, 1874.*

Blair«town

Bloomlield

Bloomiugton & Ohio River. . .
Blossburg & Corning

Corning to Lawrenceville, N. Y
Medium's River to Waynesboro',Va.
Blue Springe to New Smyrna, Fla. .
See General Index for ....

Corning,Cow'sq.& Ant'm.
Chesapeake & Ohio

Blue Ridge
Blue Sp., Orange Cy. & Atl . .
Bluff ton. Kokomo & S. W —
Boone Co. & Jefferson City. .
Boston & Maine (of N. H.) . . .
Boston & Maine Extension. . .
Boston & New York Central.
Boston & Portland

Atlantic & Western

Toledo. St. L. & Kan. C'y
Boone Co. & Booneville. .
Boston & Maine
Boston & Maine

Centralia to Columbia, Mo
Mas* Line to Maine Line

21.80

Wilmington, Mass., to Boston, Mass
See MANUAL 1884, pa^e 69

New York & N. England.
Boston & Maine
Boston,Winthrop & Shore
Boston & Albany
Fitchburg...

Wilmington, Mass., to N. H. Line.. .
No road built by B. & W
See MANUAL, 1885, page 43
Worcester to Winchendon, Maes
See MANUAL for 1885, page 75
See MANUAL for 1885, page 75

See MANUAL for 1884, page 68

Rotterd'mJc.,N.Y..toVt.-Mas3.Line
No road built by B. N. & N. L

20.00

Boston & Winthrop
Boston & Worcester

65.98
36.53

61.22

Boston, Barre & Gardner
Bos., Clin.. Fitch., & N. Bed.
Boston, Clinton & Fitchburg.
Boston, Hartford & Erie. . . 1
Boston, Hartford & Erie Ex. f
Boston, Hoosac Tunnel & W..
Boston, Norwich & New Lou.
Bos., Winthrop & Ft. Shirley.
Bowling Green

Old Colony

Old Colony

New York & N. England.

Fitchburg
Norwich & Worcester
Bost., Winthrop & Shore.
Cin., Hamilton & Dayton.
Cin., Hamilton & Dayton.
Allegany & Kinzua. .
Buff., Rochester & Pittsb.
Del., Maryland & Va
Central of New7 Jersey
Batesville & Brinkley

• Canadian Pacific

Winthrop June, to Pt. Shirley. Mass.
Bowling Green to Tantogany, O
Bowling Green to Tantogany, O
Bradford, Pa., to Coffey Run, Pa. . . .
See MANUAL for 1884. page 183

3.50
5.50
5.50
14.00

Bowling Green & Toledo. . .
Bradford & Corydon
Bradford & State Line. . .
Breakwater & Frankford. . .
Bridgeton & Pt. Norris
Brinkley & Cotton Plant . . .

Brockville & Ottawa -
Brooklyn & Jamaica
Brooklyn & Mont auk

Brooklyn. Bath & Coney Isl. .
Brooklyn Central & Jamaica.
Brooklyn. Flatbush & C. Isl..
Brownsville

Georgetown to Frankforrt, Del
Bridgeton to Bayside, N. J

19.30
20.30

See Cotton Plant

Brockville to Ottawa, Ont
Smith's Falls to Perth, Ont
See MANUAL for 1884, paee 189

72.50
11.00
12.00
67.70
8.62
7.00
12.00
7.50
17.50
14.00

Atlantic Avenue.. . .

\ Bush wick to Eastport. I1?. Y
'( Far Rockaway and Fresh Pond Brs.
Brooklyn to Coney Island N Y

/• Long Island

B'klyn, Bath & West End
Atlantic Avenue

See MANUAL for 18*4, page 139
Brooklyn to Brighton Beach, N. Y. .
Mt. Braddock to Brownsville, Pa
Villisca to Clarinda, la

B'klyn & Brighton Beach.
Pittsb'h.,Va. & Charlest'n
Chic., Burl. &Quincy....

* Brownsville & Nodaway Val.
' Brownsville, Ft. Kearney & P.
Brunswick & Albany.

No road built by B. Ft. K. & P
See Brunswick & Florida

Chic.. Burl. & Qnincy
Brunswick & Western
Brunswick & Western
Rumford Falls & Buckfd
Abandoned in 1888.

[Brunswick & Florida
fBuckfield Branch
IBuckley & Douglas

Brunswick to Albany, Ga

171.00
13.00
8.00
18.10
30.00

Mechanic Fails to Buckfield, Me
Mamstee River, Mich., north
Bucksport to Bangor, Me

[Bucksport & Bangor
iBoena Vista & Ellaville

Eastern Maine March, 1879.*
Savannah & Western Consol. in July, 1888.
Western, N. Y. A Penn.. September, 1887.*
Western, N. Y. & Penn.. September. 1S8T.
Built in 1834, abandoned in 1837.
Buffalo, N. Y. & Erie .... October 29, 1857.*
L. Shore & Michigan So.. Consolidated in 1869.
Buffalo & Southwestern ..December I1. 1877.-
N.Y. Central & Hud. Riv. Consol., Nov. 1.
L. Shore & Michigan bo. .Consolidated in 1809.
Buffalo. N. Y. & Erie October 29.
N.Y.. L. Erie & Western. Purchased in l-tj].
N.Y. Central & Hud. Riv. Consol., Nov. ]. .
Western N. Y. »fc Penn. . . September, 1887.*
Buffalo. Bradford & Pitts. Consol.. Mar. 22. 3x59.
Buffalo. N. Y. & Erie October 29, 1858.*

|-N. Y. Cen. & Hud. Riv. Consol., Nov. 1. 1 -».;<}.

L. Shore & Michigan So.. Consolidated in 1869.
Western N. Y. & Penn. . . September,
Galv..Harrisb*g & San An. Name changed in 1871.

Americus to Bnena Vista, (ia

Juffalo & Allegheny
Buffalo & Alleshany Valley. .
Juffalo & Blact Rock
Juftalo & Conhocton Valley
Buffalo & Erie

No road built by this Companv
No road built by B. & A. Y . .". . .

Buffalo to Black Rock, N. Y

3.34
24.00

86.84
67.47
12.25

3i.'95
59.85
22.00

Corning to Kanona, N. Y
Buffalo, N. Y., to Erie. Pa
Buffalo to Jamestown, N. Y
Lockport to Tonawanda

Juffalo & Jamestown
Buffalo & Lockport

Buffalo & Mississippi
Buffalo & New York City. . -'

Juffalo & Niasar.-i Falls
Juff. & Oil Creek Cross-cut..
Buffalo <fc Pittsburgh. . .

No road built by this Company

Buffalo to Attica, N. Y ...

Attica to Homellsville. N. Y
Buffalo to Niagara Falls

See MANUAL for 1885, page 119
No road built by B & P

i
Buffalo & Rochester -|

Buffalo & State Line...
Buffalo & Washington
iuffaio.Bayou. Brazos & Colo.

Buffalo to Attica. N. Y
Attica to Rochester X Y

31.95
37.03
11.00
68.34
49.00
ft* Ffl

Batavia to Attica. N. Y

Buffalo, N. Y. to Pa. Line. . .
Buffalo to Franklinville. N. Y
Harrisburg to Columbus, Tex

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

1178

RAILROADS MERGED IN OTHER LINES.

LIST OF RAILROADS MERGED IN OTHER LINES— Continued

NAME OF OLD COMPANY.

TERMINAL OF COMPLETED ROAD
AT THE TIME or ITS ACQUIREMENT.

h

j*

NAME OF COMPANY
BY WHICH ACQUIRED, on
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIIIED BY EXIST
ING COMPANY.

Buffalo Branch of Erie Ry —
Buff., Chaut. Lake & Pittsb..
Buffalo, Corning & New York
Buffalo, Corry & Pittsburgh. .
Buffalo Lehigh

Attica to Hornellsville, N. Y

5?. 85
43.80
100.00
43.80
0.10

N. Y., L. Erie & Western
Western N. Y. & Penn.. .
Buffalo, N. Y. & Erie....
Western N. Y. & Penn. .
West Shore

Purchased in 1861.
September, 1887.*
October 29, 1857.*
September, 1887.*
Purchased in 1883.
September, 1887.*
September, 1887.*
Reorganized in 1879.
Name changed.
Built in 1881-82.
Consol., Jan. 1, 1873.
Consol., Jan. 1, 1880.
Consol. in Feb., 186&

November 27, 1880.*

June 22, 1876.*
Consol. in Feb., 1866
Purch. Jan. 1. 18f2.

Reorg. Dec. 12, 1881.
Consol., May 6, 1874.
July 14, 1881.*
Reorganized in 1889.
Consol., May 6, 1874.
Name changed in 187(
Name changed in 187(
Purch. June 3, 1880.
Consol., Aug. 22, 187(
Reorg. Sept. 6, 1884.
Consol., Oct. 12, 187<
Consol., Aug. 20, 186*

Consol., Jan., 1867.

Acquired fran. in 185J
Consol., Mar. 26, 188!
Consol. in Feb., 18t'6j
Built by H. & St. J.
Built by G. W. in '731
Purch. June 9, 1881.

Brockton, N. Y., to Corry, Pa
Corning to Batavia, N. Y

Brockton, N. Y., to Corry, Pa
See MANUAL for 1883 page 128

Buffalo, N. Y. & Phila
Buffalo, Pittsb. & Western. .
Buffalo Valley
Burke County

See General Index for
See MANUAL for 1883, page 250
Berlin, Pa., to Garretts, Pa. & Br. . .
No road built by this Company
Wray to Denver, Col
See MANUAL for 1873-74, page 445

Western N. Y. & Penn. .
Western N. Y. & Penn. .
Berlin
Augusta & Savannah
Chic., Burl. & Quincy ..
Chic., Burl. & Quincy
Chic., Burl. & Quincy
Camden & Burl. County. .

j- Chic., Bur. &K.Cy....

Burl., Cedar R'ds & Nor.
Camden & Burlington Co.
Canadian Pacific

255.30
10.20

i74i89

Burlington & Colorado
Burlington & Missouri River.
Burlington & Mo. R. in Neb. .
Burlington & Mount Holly. . .

Burlington & Southwestern . .

Burl., Cedar Rapids & Minn..
Burlington County
Bytown & Prescott,

See MANUAL for 1881, page 621
Burlington to Mount Holly, N. J. . .
j Viele to Bloomfield, la
i Moulton, la., to Laclede, Mo

7.13
59.70
82.00

'iJKOO
54.00

304 '.66
160.60
156.50
72.00
2.00
5.00
58.00
104.00
26.50

7!50
92.37

"4.*86

'53J8
145.50
75.50
2.00

See MANUAL for 1886, page 798
Burlington to Pemberton, N. J

Ottawa to Prescott, Ont

Cahaba, Marion & Greensboro
Cairo & Fulton
Cairo & St. Louis

No road built by this Company
Mo. Ark. Line ta Texarkana, Tex. . .
Cairo to E. St. Louis, 111., & Branch.
Cairo 111 to Vincennes Ind

Cin., Selma & Mobile
St. Louis, Iron Mtn. & So.
St. Louis & Cairo
Cairo, Vincennes & Chic.
St. Louis, Iron Mtn. & So.
St. Croix & Penobscot...
St. Croix & Penobscot. . .
Chic., Milwaukee & St. P.
Central Pacific
Northern California

Cairo & Vincennes

Cairo, Arkansas & Texas
Calais
Calais & Baring
Caledonia, Miss. & Western . .
California & Oregon

Cairo, 111., to Poplar Bluff, Mo
Calais, Me., to Milltown, Me

Calais to Baring Me

Caledonia to Preston, Minn
Roseville to Tehama, Cal
Marysville to Oroville, Cal
No road built
So. Englewood to So, Chicago, 111. . .
So. Amboy to Camden, N. J. & N. |
Brunswickto Bordentown, N. J. j
No road built by this Company. . . .
Camden to Mt. Ephraim

California Northern
California Southern
Calumet & Chicago

Central Pacific
Chic., Rock Island & Pac.

United RR. of N. Jersey .

West Jersey
Atlantic City

Camdeu & Amboy -j
Camden & Woodbury

Camden, Glouc'ter & Mt.Eph.
Cam.,M'rest.,H'nesp.& Mt.H.
Cameron & Kansas City
Canada Air Line
Canada Central

No road built by this Company
Cameron to Kansas City, Mo
Glencoe to Fort Erie, Ont
Carleton Place to Pembrooke, Ont. .
State Line to Franklin, Vt
Only partially bnilt.

Camden & Burlington Co.
Hannibal & St. Joseph...
Grand Trunk

Canadian Pacific
Abandoned

Canada Junction
Canajoharie & Catskill
Canandaigua & Corning
Canandaigua & Elmira
Canton, Aberdeen & Nashv. .
Canton & Jackson
Canton & Waynesburg

Abandoned in 1842

Watkms to Canandaigua, N. Y
No road built by this Company
Kosciusko to Aberdeen, Miss
No road built by this Company
Canton to Marks, O
See MANUAL for 1885, page 76
See MANUAL for 1885, page 76
Yarmouth to Orleans, Muss
See MANUAL for 1889, page 739
Cape Girardeau, Mo., westward
Millville to Cape May, N. J
Carrollton to Oneida, O

46.70

Elmira & L. Ontario
Elmira & L. Ontario
Illinois Central
Chic., St. L. &N.O.(I11.C.)
Waynesburg & Canton. . .
Old Colony '

Consoi.,i)ec si, 188J
Consol., Dec. 31, 188J
Built by 111. Cent.
Consol., Nov. 8, 187T]
Name changed in 1881
Consol., Oct. 1,1872
Consol., Oct. 1,1872.
Consol., Mar. 5, 1883
Reorg. Nov. IS, 1881.
Reorg. Nov. 12, J881J
Consol., Aug. 29. 187
May 9, 1885.*
May 9, 1885.*
Consol., May 25, 18SJ
Lease, Jan. 16, 1870.1
Consol., May 1, 18831
Consol., June 4, 187a
Consol., Dec. 28. 1871
Reorganized in 1860J
Consol., Apr. 5, 1879J
Coneol., Apr. 5, 18791
Consol., Apr. 5, 18791
Purch. Mar. 8, 1884.1
Purch. Mar. 8, 1884.1
Purch. Mar. s
Purch. Jan. 19, ls77.ii
SeeB. C. R. & -Mi nil
Consolidated in 18861
Consol., JnneS, 1884
See B. C. R. & Mini]
Coneol., Feb. 12, 1861
Purchased in 1882. 1

87.89

"5.66
92.50

'is^S

"9~!66

41.35
12.00

Cape Cod . .

Cape Cod Branch

Old Colony
Old Colony.

Cape Cod Central
Cape Girardeau
Cape Girardeau & State Line.
Cape May & Millville

3ape Girardeau Southw'n.
2ape Girardeau Southw'n.
West Jersey
Cleveland & Canton . .
Cleveland & Canton
East & West Alabama . . .
Chic., Burl. & Quincy
St. Paul, Minn. & Man. . .
Flint & Pere Marquette . .
Boston & Albany
Catawissa

Carroll County ....

Carrollton & Oneida

See Carroll County.
No road built by this Company

Cartersville & Van Wert
Carthage & Burlin°rton ....

Carthage, 111., to Burlington, la
Everest to May ville, Dak

30.41
45.52

Cassellton Branch

Cass River ..
Castleton & W. Stockbridge. .
Catawissa, W'msport & Erie.

No road built by C. R. RR. Co
No road built by C. & W. S
Tamanendto Newb'yJunc.,Pa. &br.
See Cayu^a Lake.

ioi.'oo

Geneva, Ithaca & Sayre . .
Geneva, Ithaca & Sayre..
Geneva, Ithaca & Sayre..
Elmira, Cortlandt & Nor.
Elmira, Cortlandt & Nor.
Elmira, Cortlandt & Nor.
Louisville & Nashville. ..
Burl., Cedar Rapids & N.
Dubuque & Sioux City. . .
Chicago & Northwestern.
Burl., Cedar Rapids & N.
Cin., Jacks'n & Mackinaw
Gulf, Colorado & Santa Fe
Discontinued

Cayuga Lake . . . .
Cayuga Southern
Cazenovia & Canastota
Cazenovia & De Ruyter
Cazenovia, Canastota & Deli.
Ceciiian Branch
Cedar Rapids tv; Burlington . .
Cedar Rapids <!c Chicago
CV<!ar Rapids & Missouri R..
Cedar Rapid? & St. Paul
Celina. Van Wert & St. Line.
Central & Montgomery

Ithaca to Cayuga N Y

38.36

See Cayuga Lake

Cazenovia to Canastota, N. Y
No road built by C. & DeR
Cazenovia to De Ruyter, N. Y
See Elizabethtown <fe Paducah.

14.75

'i4!25

No road built by C. R. & B
Cedar Rapids to Manchester, la
Cedar Rapids, la. to Mo. Riv. & br. .
No road built by C. R. & St. Paul. . .
Van Wert, O., to So. line Van W. Co.
Nevasota to Montgomery, Tex
Flushing to Hinsdale, N. Y
Bethpage June, to Babylon, N. Y
See 1889 MANUAL, page 823

'42 .'66
274.20

"i6!37
28.00
9.16

8.15;

Central Extension.
Central Iowa
Central Military Track

Long Island
Iowa Central. . .

Augutt, 1881.*
Reorganized in 1888]
Consol., July 9, 18561
ponsol., Nov. S, 187'lj

Mendota to Galesburg, 111

80.66 Chic., Burl. & Quincy. . .
343.00 Chic., St.L. & N.O.(I11.C.)

Central Mississippi

Canton, Mss., to East Cairo, Ky

* Acquired by purchase at foreclosure or reorganized after forclosure sale on date given.

RAILROADS MERGED IN OTHER LINES.

1179

LIST OF RAILROADS MERGED IN OTHER LINES— Continued.

NAME OF OLD COMPANY.

TERMINI OF COMPLETED ROAD

AT THE TIME OF ITS ACQUIREMENT.

NAME OP COMPANY

BY WHICH ACQUIRED, OR

TO WHOSE STATEMENT

REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

Central of Minnesota

Central RR. of Iowa

Central Southern

Chainbersburg & Hagerstown
(."mb'sb'g & G'ncastle & Hag.

Champaign & Monticello

Champaign. Havana & W

Champlam & Connecticut

Chariton, Des Moinea & So. . .

Charles River

Charles River Branch
Charleston & Hamburg

Mankato to Welle, Minn

( Albia to Northwood, la

1 Muchakinock Branch

Columbia, Tenn., to Ala. Line..

40.00 Chicago, Mil. & St. Paul.

189.14
1.50

Iowa Central . .

47.58 Nashville & Decatur. . .

Purchased in 1880.
Reorganization, 1888.*
Conaol., Jan. 1, 1868.

See MANUAL 1887, page 141 for j

No road built by this Company

See Ind., Bloom., & Western Ext. . .

No road built by C. & C.

Chariton to Indianola, la

Newton U. Falls to Needham, Mass,
Cook St. to Newton U. Falls, Mass

. . . Charleston, S. C., to Augusta, Ga. ..

Char., Neogo & St. Louis No road built by this Company

Chariest own Charleston to Cambridge, Mass

Charlotte & South Carolina .. Charlotte, N. C., to Columbia, S. C..
Charlotteburg & Green Lake. Charl. Jc. to Green Pond Mines, N.J.

Chartiers Valley Mansfield to Washington, Pa

Chatfield Eyota to Chatfield, Minn

Chatham Raleigh to Sanford, N. C

Chautaaqua No road built by this Company

Chelsea Park <fc Brighton Hill No road built by this Company

Chemung Chemung June, to Watkins, N. Y. .

Cherokee Cartersville to Esom Hill, Ga

n^ i s, -n i «• M Cherokee, la., to Sioux Falls.S.D. /
Cherokee & Dakota | j cherokee'to <$nowa> Ia \ ,

Cherry Run Rousville to Plummer, Pa

Chester & Iron Mountain No road built by C. & I. M

Chester and Kaskaskia No road built by C. & K

Chester & Tamaroa Chester to Tamaroa, 111., & Branch. .

Chesterfield Richmond, Ya. , to Chesterfield Mines.

Chester Valley .

Cumberland Valley. . .

Illinois Central Purchased in 1886.

Illinois Central September. 1886.

Rutland iReorg., July, 1867.

30.47iChicago, Burl. & Quincv. 'Built, by C., B. A O.
2.30iNew York & New Engl'd. Reorg., 1873.
0.90 New York & New Engl'd. | Reorg., 1873.

137.00 South Carolina IReorg., Nov. 1, 1881.

Toledo, St. Louis & K. Cy. JConsol., June 12, 1886.

7.80lFitchburg Purch., Jan. 31, 1846.

109.60iChar., CoTbia & Augusta. ;Consol.. July 9. 1869.

4.50|Morris County Purchased in 1888.

22.76 Chartiers January, 1867.*

11.46 Chicago & Northwestern . \ See 1885 MANUAL.
44. C0; Raleigh & Augusta Air-L . Reorganized in 1872.

Chautauqua Lake Consol., Sept. 27, 1886.

(Interstate Consol. R. T. . . Consol., Mar. 22, 1887.

17.40 Elmira & Lake Ontario . . Consol., Dec. 31, 188«.
46.00 East & West of Ala jConsol., May 25, 1886.

155.00 Dubuque & Sioux City.
3.50 Western N. Y. & Penn.

Bridgeport to Downington, Pa

Qhicago & Atlantic Extension No road built by this Company..

Chicago & Aurora Aurora to Mendota, 111

Chicago & Block Coal See Indiana North and South ....

Chicago & Canada Southern. . Grosse Isle, Mich., to Fayette, O.

Chicago & Cincinnati Chicago, 111., to Logansport, Ind.

Chicago & Dakota Tracy, Minn., to Dakota Line. . . .

Chic. & East'n 111.— Ind. Div. Covihgton to Coal Creek, Ind

Chicago & Great Eastern Chicago, 111., to Richmond, Ind.

Chicago & Great Southern . . . Fair Oaks to Yeddo, Ind

Chicago & Illinois River Joliet, 111., to Mazon River

Chicago & Illinois Southern. . See MANUAL for 1886, page "235

Chicago & Indiana See 1887 MANUAL, page 374, for £P™

Chicago & Indian'p's Air-Line See Indianapolis, Delphi & Chic

Chicago & Lake Huron See MANUAL for 1885, page 583

Chicago & Lake Superior :No road built by this Company

( New Buffalo to Pentwater, Mich. .

Chicago & Mich. Lake Shore. 4 Holland June, to G. Rapids, Mich,
j f Junction to Big Rapids, Mich . . . .
Chicago & Milwaukee Chicago, 111., to Milwaukee, Wis

'Consolidated in 1888.
'September, 1887.*

Chicago & Mississippi

Chicago & Nashville....

Chicago & Northeastern.

Chicago & Pacific

" ":ago & Paducah

:ago & Plainfield

:ago & Rock Island .
:ago & Rock River . .

'Joliet, 111., to Alton, 111

See Chic., Danv. & Vin., 111. Div

Flint to Lansing, Mich

Chicago to Byron, 111

Streator to Altamont, 111., & Br

No road built by C. & P

, Chicago, 111., to Rock Island.
Shabbona to Sterling, 111. . .

«OT» & <st- T rmie j Chicago to Pekin, 111

ago & St. Louis J Streator to Coal Wile,

,go & Southern.
{Chicago & Southwestern. . .

I Chicago & Springfield

[Chicago & State Line

[ Chicago & State Line Ext'n
Chicago & Strawu

111.

Chicago to Dolton, 111

I Washington, la., to Mo. Riv., Mo.

1 Junction, Mo., to Atchison, Kan. .
Gilman to Springfield, 111

See 1885 MANUAL, page 583

. . Strawn to C., W. & I. Jc.. III.

( Montfort to Madison, Wis

.... < Woodman to Lancaster, Wis

(Conley Br., 8 ; Dankliff Br., 13.50.

Morgan St. to Ada St., Chicago, 111. .

Chicago & West'n Indi'a Belt C. M. & St. P. RR. to S. Chic., Ill .

Chic.. Bellevue. Cascade & W. Bellevue to Cascade, la

Chicago, Blue Island & Ind . . No road built by this Company. . .

Chicago, Bur. & Pacific No road completed by this Company

Chicago, Cincin., & Louisv. . . See Chicago. Peru & Cincinnati
Chicago, Clinton & Dubuque. Dubuque to Clinton, la

Chicago & Toman .
Chicago & Western

>• Wabash, Chester & W. February 28. 1878.*
42.26 j

13.00 Richmond & Danville .Purchased in 1850.

21.50 Phila. & Chester Valley. . I Reorg., Mar. 7, 1888.

Chicago & Atlantic JConsol., June 19, 1873.

46.00 Chicago, Burl. & Quincy. Name changed in 1855.

Chicago & Indiana Coal. . JConsol., April 14,1886.

67.60 Abandoned in 1888 ;

116.00 Chic., St. Louis & Pittsb'g January 10, 1883.*
46.40 Chicago & Northwestern. See 1885 MANUAL.

8.38 Abandoned in 1888 |

224.00 Chic., St. Louis & Pittsb'g January 10, 1883.*
76.00jChicago & Indiana Coal. . |Consol., April 14, '86.

23.86 Chicago & Alton jPurchased in 1879.

Peoria, Decatur & Ev'sv'e July 2, 1880.*
Chicago & Indiana Coal. . Consol., Apr. 14, 1886.
Louisv., N. Albany & Chic. Consol., May 20, 1881.
Chicago & Grand Trunk.. Consol., April 7, 1880.
Chic., Milwaukee & St. P. Purch. in June. 1887.
170.00
24.40
51.90
85.00 Chicago & Northwestern. Consol., June 7, 1883.

220.10 Chicago & Alton Purchased in 1862.*

. . Chicago & Eastern 111 .... ' Consol., Aug. 29, 1877.
™.00 Chicago & Grand Trunk .Consol., April 7, 1880.
88.30 Chic..Milw. & St. Paul . . May 1, 1879.*

165.00 Wabash Consol., July 29, 1889.

Chicago, Santa Fe & Cal. Purchased Dec., 1886.
181.75 Chicago, R. 1. & Pacific.. Consol., June 4, 1880.
48.15 Chicago, Burl. & Quincy. Perpetual lease.

Chic., Santa Fe & Cal .. Purchased Dec., 1886.

150.00

• Chicago & West Mich. . I Consol., Oct. 1, i881.

20.00 Chicago & Grand Trunk.^Consol., April 7, 1880.
[Chicago, R. I. & Pacific'consol., June 4, 1880.

112.14 Illinois Central Built by 111. Cent.

j Chicago & Grand Trunk Consol., April 7, 1880.
) Chicago & Grand Trunk Consol., April 7, 1880.

97.80 Wabash Consol., July 29, 1889.

60.S4 )

31.38 V Chicago & Northwest'n Consol., June 7, 1883.

21.50 j

1.50 Abandoned in 1888.
21 .30 Chicago & Western Ind . .

Consol., Jan. 26, 1882.

35.75 Chicago, Milw. & St. Paul Purch. June 3, 1880.
Chicago & Grand Trunk.; Consol., April 7, 1880.

Iowa Central |Sep.&No.'87&Mr.'R8*

Lake Erie & Western. . . . Pnrch., March 15. '87.

60.00 Chicago, Milw. & St. Paul Purch., June 3, 1880.

Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

1180

RAILROADS MERGED IN OTHER LINES.

LIST OP RAILROADS MERGED IN OTHER LINES- Continued.

NAME or OLD COMPANY.

TERMINI OF COMPLETED ROAD
AT THE TIME OP ITS ACQUIREMENT.

LENGTH IN
MILES.

NAME OP COMPANY
BY WHICH ACQUIRED, OR
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

Chic., Clinton, Dub. &Minn..

Chicago, Clinton & Western .

Chicago, Continental & Bait. .
Chicago, Danv'e & Vincennes

Indiana Division

C., C., &D. &C. D. &M

Chicago, Milw. & St. Paul
j-Burl., Cedar Rap. & No.
Chicago & Atlantic

Purch., June 3, 1880.
July, 1878.*

Consol., June 19, "73.
Coneo!., Aug. 29, 1877.

1 Elmira to Iowa City, la
") Clinton, la., Westward

9.75
17.00

No road built by C.,C. &B

Dolton to Danville, 111.

107.45
8.38
15.62
103.57
44.53
12.60
100.75
31.04
81.30

225.37

Chicago & Eastern 111
Abandoned in 1888

j Covington to Coal Creek, Ind

Chicago, Dubuque & Minn. . .
Chicago, Evanstou & L. Sup.
Chicago, Havana & Western .
Chicago, Iowa & Neb
Chicago, Madison & No

Chicago, Mil w.,Cassv.& Mont.
Chicago, Milw. & Northwes'n
Chicago, Nebraska & Kansas.
Chicago, Pekin & Southwes'n
Chicago, Peru & Cincinnati..
Chicago, Plainfield & Pekin. .
Chic., Rock Isl'd & Pac.(of la.)

Chicago, St. Louis & N. Orl's-

Chicago, St. Louis & Western

Chic., St. Paul & Fond duLac
Chicago, St. Paul & Minn
Chicago, Saginaw & Canada. .
Chicago, Texas & Mex. Cent. .
Chicago, Wisconsin & Can. . .
Chillicothe & Brunswick
Chippewa Falls & Northern. .
Chippewa Falls & Western . . .

Chippewa Valley & Superior.

Chowau & Southern
Cincinnati & Baltimore

j Bismark to Covington, Ind
j Dubuque, la., to La Crescent,Minn.
1 Turkey River Jc. to Wadena, la. . .
Chicago to Evanston, 111
j Champaign to Havana, 111
j White Heath to Decatur, 111
Clinton to Cedar Rapids, la

Abandoned in 1880
j- Chic., Milw. & St. Paul.
Chicago, Milw. & St. Paul
I- Illinois Central

Purch., June 3, 1880.
Purchased June, 1888
Purchased in 1886.
Purch., June 5, 1884.
Built by 111. Cent.

Chicago & Northwestern .
Illinois Central

Chicago, Milw. & St. Paul
Chicago & Northwestern .
Chicago, Burl. & Quincy.
Chicago, Santa Fe & Cal.
Lake Erie & Western
Chicago, Santa Fe & Cal.
Chic., Rock Isl'd & Pacific

[ Illinois Central

j Chicago, 111., to Madison, Wis.. . J
] Cedarv. Jc., Ill.,toDodgev. Wis. f

See 1885 MANUAL, page 656
Odell June, to Concordia, Kan
Pekin to Mazon Bridge, 111
Peru to La Porte, Ind

'76!38
85.50
73.00

Consol., June 7, 1883.
Built by C., B. & Q..
Purchased Dec., 1886.
Reorg. as C., C. & L.
Purchased. Dec., 1886.
Consol., Aug. 20, 1866.

400-yr.lease,Jan.l,'83.

Purchased, Dec., 1866.

Reorg., June 6, 1859.
Consol., June 1, 1880.
May 10, 1883.*
Merged, Aug. 1, 1882.
Merged about 1875.
Reorganized in 1873.*
Consolidated in 1882.
Purch. in March, 1888.

Purchased in 1882.

Name chgd.Feb.14,'89
Consol., Feb. 7, 1883.
January 10, 1883.*

[January, 5, 1887.*

Reorganization.
Name changed in '66.
Purch., July, 1881.
Namech'ged Feb. ,'47.
Consol., March, 1880.
November 26, 1872,*
Reorg. in 1876.*

June 27, 1885.*

Sept. 11, 1880.*
Consol., Oct. 5, 1881.
Consol., Jan. 1, 1886.
May 2, 1878.*
December 1, 1869.*

No road built by C. P. & P

See Mississippi & Missouri
j New Orleans, La., to E. Cairo, Ky.
1 Kosciusko Jc. to Kosciusko, Miss,
j Chicago, Pekin & Southwestern . . .
< Mazon Bridge to Chicago
( Coalville Branch

547 '.30
18.37
85.50
58.60
2.00

V Chic., Santa Fe & Cal..

Chicago & Northwestern.
Chic.,St.P.Minn.&Omaha
Saginaw & Western
Gulf, Col. & Santa Fe
Chicago & Northwestern .
Bruuswick & Chillicothe.
Chi., St.P.,Minn.& Omaha
Minn., St. Croix & Wis. . .

j- Chic., Milw. & St. Paul.
Norfolk & Carolina

See 1885 MANUAL, page 656 ... .

See West Wisconsin

38^66
53.42
8.70
36.25
32.28
10.50
50.00
20.67
23.00
5.80
108.00
102.20
14.88

St. Louis to Lake View, Mich
Cleburne to Dallas, Tex

Geneva to Genoa, Wis.

Brunswick to Chillicothe, Mo
Chippewa Falls to Chelek, Wis
Chippewa Falls to Eau Claire, Wis. .
j Wabasha to Eau Claire, Wi-<

1 Red Cedar to Cedar Fall?, Wis. . . .
Norfolk to Driver's, Va., and branch
Cincinnati to M. & C. Junction
Richmond to Logansport, Ind
J Idlewild to Portsmouth, O

Cin., Wash. & Baltimore.
Chic., St. Louis & Piitsb'g
Ohio & Northwestern
Cin., New Rich. & Ohio R.
Cin., Hock. Val. & Hunt.
Cin., Rich. & Ft. Wayne.
E. Tenn., Va. & Ga. .

Cincinnati & Chic. Air-Line. .
Cincinnati & Eastern

Cincinnati & Fayetteville
Cincinnati & Fort Wayne
Cincinnati & Georgia
Cincinnati & Hamilton
Cincinnati & Indiana
Cin. & Indianapolis Junction.
Cincinnati & Martinsville

Cincinnati & Northern

Cincinnati & Portsmouth
Cincinnati & Southwestern. . .
Cincinnati & Terre Haute
Cin. & White Water Valley . .
Cincinnati & Zanesville
Cin., Atlantic & Columbus. . .
Cin., Batavia & W'msburg. . .
Cin., Col. & Hocking Valley. .
Cin., Cumberland Gap & Chas.
Cin., Dayton & Eastern
Cin., Fay., Hillxb. & Hunt'n . .
Cinn., Green Riv. & Nashville
Cin., Lexington & East Tenn.
Cin., Logansport & Chicago. .

Cincinnati & Northern

Cincinnati, Peru & Chicago . .
Cincinnati Railway Tunnel. . .
Cin., Rockport & South w'n.
Cin., Van Wert & Michigan..
Cin., Wilmington & Zane?v. .
City Point

1 Junction to New Richmond, O
No road built by this Company
No road completed by this Company
Bo't Macou & Bruns., July 18, 1881. .

No road built by this Company
Cincinnati, O., to Indiana Line
Hamilton, O., to Indianapolis, Ind..
Fairland to Martinsville, O
j Cincinnati to Dodds, O

'26!50
98.90
38.30
36.20
1.40
20.40

Cin., Hamilton & Dayton.
Cin., Ind., St. L.& Chic..
Cin., Hamilton & Ind'p'lis
Fairl'd, F'klin & Marti'sv.

|-Cinn., Leb. & Northern

Cin.,Georget'n &P'tsm'th
Louisv., Evansv. & St. L. .
Evansville & Indianapolis
Whitewater

/ Blue Ash to Montgomery, O
Cincinnati to Amelia, O

No road built by this Company..

Terre Haute to Markland, Ind
See Whitewater Valley

26.00

See Cin , Wilmington and Zanesv

Cin. & Muskingum Val..
Not in operation

Milford to Newtonville, O

11.00

'.ssioo

45.00

No road built by this Company
Clayville June., to Jeffersonville, O.
Morristown to Paint Rock, Tenn ....
No road built or owned. t
See 1889 MANUAL, page 388, for 13?-
King's Mountain to Yosemite, Ky. . .
Lexington to Nicholasville, Ky
Richmond to Logansport, Ind

Ohio & Northwestern . . .
Abandoned and rails take
E. Tenn., Va., & Ga
Cin., Sandusky & Cleve. .
Cin., Hock Val. &Hunt..
Cinn. & Green River
Cincinnati Southern . ...

January 5, 1887.*
n up in 1888.
Pur. from State in '72.
See note t below.
Reorganization.
Reorganized in 1883.
Purchased in 1875.
January 10, 18S3.*

June 27, 1885.*
Purch. Mch. 15, 1887.

isioo

13.00
108.00
36.25
1.40
73.00

Chic., St. Louis & Pittsb'g
> Cin., Lebanon & Nor. . .
Lake Erie & Western

Ahnnflnnprl nltont 1R77

j Cincinnati to Dodds, la. .

| Blue Ash to Montgomery, O
Peru to La Porte, Ind

Not completed

Rockport to Jasper, Ind.

38.66 Louisv., Evansv. & St. L .
104.00 Cin., Jackson & Mackinaw
132. 12 Cm. & Muskingum Val..
10.00 Norfolk & Western
21.50 Clarinda & St. Louis
17.96 Chicago, Burl. & Quincy.
I

ronsol., Oct. 5. 1881.
Consol., Feb. 12. 188®
December 1, 1869.*
February 10, 1881.*
December. 1886.*
Built in ISM!.

Cecil to Lewisburg, O
Morrow to Zanesville, O »

Petersburg to City Point, Va
Roseberry, Mo., to Clarinda, la
Clarinda to Northboro, la

Clarinda Branch

Clarinda,College Spgs.& S.W.

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

t The Cincinnati, Dayton and Eastern never owned any road. In October, 1806, it took a lease of the Sandusky and
Cincinnati RH., but the lease was surrendered by mutual agreement in January, 1868 ; and in the same month the name of
the Sandusky and Cincinnati was changed to Cincinnati, Sandusky and Cleveland RR. Co.

RAILROADS MERGED IN' OTHER LINES.

1131

LIST OF RAILROADS MERGED IN* OTHER LINES— Continued.

NAME or OLD COMPANY.

TERMINI OF COMPLETED ROAD £ ^

AT THE TIME OF ITS ACQUIREMENT. = =

NAME OF COMPANY

BY WHICH ACQUIRED, OR WHEN AND HOW
TO WHOSE STATEMENT ACQUIRED BY EXIST-
REFERENCE SHOULD iNi.r COMPANY.

BE MADE.

Ciarksviile & Western

Clayton

Clayton & Theresa

Cleveland & Chattanooga . . .

Cleveland & Mahoning

Cleveland & Marietta

Cleveland & Toledo <

No road built by this Company

No road built by this Company

Clayton to Theresa, N. Y

Cleveland to Chattanooga, Tenn

Cleveland, O., to Pennsylvania Line.
Toledo to Bowerstown, O. & Branch.

Cleveland to Toledo, O

Elyria to Milbury, O..

No road built bv this Company

Cleveland to Columbus, O

Delphos to Carey. O

Anderson to Noblesville. Ind

Hudson to Columbus, O

Clev., Cant'n, Cshct'n & Str'v.
Cleveland, Columbus & Cin..
Cleveland, Delphos & St. L. .
Cleveland, Ind. & Sr. Louis .
Cleveland, Mt. Vernon & Del.
Clev., P'nsv'e&Ashtab'laasn Cleveland, O.. to Erie. Pa.

Clev., Pamesville & Ashtab'la Cleveland to Euclid, 0

Cleve..Tuscar. Val. & Wheeling Lorain to West Wheeling, O

Clev., Youngstown & Pittsb. . Bergholz to Phalanx. O . . .

Clev.,Zanesville& Cin See Akron Br. C. & P

Clinton & Dubuque See Chicago, Clinton & Dubuque —

Clinton & Port Coswell No rait laid, graded in 18>*2

Clinton <fc Port Hud -on Clinton to Port Hickey. La

Clinton ..t Yicksburg Clinton to Vicksburg, Miss

Clinon & Warsaw . .7 No rail laid— only graded

Clinton. Bloom. & S'theastr'n No road built by this Company

Cloverdale & Ukiah Cloverdale to Ukiah, Cal "

Clover Hill Clover Hill to Osborne, Va

' Coburg to Harwood, Out

i ( Harwood to Peterboro. Ont

Coburg, Peterb. & Marmora. . See General Index for g^r°

Cocheco Dover to Alton Bay. N. H

Colebrook Valley Conewago to Cornwall, Pa

Colorado & New Mexico No road built by this Company

Columbia State road) See Philadelphia & Columbia

Columbia & Augusta . Columbia, S. C., to Augusta. Ga

Columbia. Marietta & Ports. . No road built by this Company

Columbus & Gallipolis No road built by this Company

Cdumb.* Hocking Val.cy.j

St.Louis, Keokuk & N.W ......................

..... jKnoxville & Augusta ____ Consol., October, 1881.
15.87 Utica & Black River ..... Consol.. Mar. 18. 1886
28.00 E. Tenn., Va. & Georgia. Consol., Nov. 20, 1-69.
80.81iClev. & Mahoning Vallev. Consol., July 25, 1872.

187.50 Wheeling & Lake Erie.:. April 23, I8fc6.*

W*S »" L' Shore & Michigan S. 'consolidation in 1869.

.". Cleveland & Canton.. .JjfayQ. 1885.*
138. 00 Clev., Col., Cin. & Indpls. Consol., April, 1868.
56.00 Cleveland & Western .... October 7, 1885.*

19.31) Midland (Ind.) ........... ;April 21, 1885.*

144.40 Clev., Akron & Columbus June 9, 1882.*
95.50 Lake Shore & Mich. So.. Consolidation in 1869.
10.70 New York, Chic. & St. L. Purchased in 1882.
157.50 Clev., Lorain & Wheeling February 5, 1883.*
60.80 L. E., Alliance & South'n December. 1886.*
...... Clev., Akron & Col ....... June 9, 1882.*

...... Chic., Milw. & St. Paul. >Purch. June 3, 1880.

Abandoned ............ I ......................

21.34 Louisv.. N. O. & Texas . . Leased till Oct., 1889.
35.00 Vicksburg & Meridian. . . Reorg., Jan. 28, 1^67.

Wilmington & Weldon . . Purchased in 1886.
... Illinois Cential .......... See Kankakee & * W.

28.50 San Fran. & No. Paciiic. . Consol. in March.1889.
21.00 Bright Hope ............. April 26, 1877.*

15.00 Cob., Blairton & Marmora May, 1886.*

13.00 Abandoned ................. . . ............. ' ____

Cob., Blairton & Marmora May. 1886.*
29.00 Dover & Winnipiseogee. . Reorg.. July 1, 1862.
16.26 Cornwall & Lebanon^ ____ Merged June 1, 1886.

iPb.&Ark.V. A.. T.&S.F.. Consol. .Oct. 1.1875.
Pennsylvania ............ i Purchased in 1857.

85.00 Char.. Columbia & Agst'a. Consol., July 8. 1869.
|Har.,Port..Mt.Joy&Lan. Purch. January. 1^49.
jColb's., H'g Val. & Tol... Consol.. Aug. 20.1881.

Columbus & Indianapolis See General Index for.

Columbus & Indiana Central. See General Index for

Columbus & Lake Erie Newark to Mansfield. O

Columbus & Northwestern . . No road built by this Company

Columbus & Shelbyville Columbus to Stielbyville. Ind

Col. & Sunday Creek Valley. . Mum Creek to Corning. O

Columbus & Toledo Columbus to Walbridge, O

Columbus, Chic. & Ind. Cen. . See MANUAL for 1883, page 658

Col.. Fayotte & Decatur No road built by this Company

Columbus, Piqua & Indiana. . Columbus, O., to Union City,"lnd.

Columbus, Tiffin & Ohio No road built by this Company

Columbus, Tiffin & Toledo. . . No road built by this Company. .

Col., Wash. & Cincinnati Succeeded by Cin.. Col. <fc Hock. Val.

Colusa Colusa to Colusa June., Cal

Concord & Claremont 1 1st). . . Concord to Bradford. N. H

Conesus Lake Trews to Lakeside. N. Y

Conewango Valley No road built by this Company . . . . . .

Coney Island Elevated Bright'n Beach to W. Bright'ri, N.Y.

* ^felrose to Rockville, Ct

"i East Hartford, Ct.. to Mass. Line .

Hartford toFeuwick. Ct.

Hartford, Ct., to Millerton, N. Y

Connoraville to New Castle. Ind

-Colb's.,H'g Val. & Tol.consol., Aug.20. 1881.

...... Chic., St. Louis & Pitts. . . | January 10, 1883.*

...... Chic.. St. Louis & Pitts. . i January 10, 1883.*

62.00 S'dusky. Mnsfd & Nw'k.iConsol., July 25, 1856.
..... iCin., Jackson & M'kinaw.iConsol., Feb. K

23.28 Jfrsnv., Madison & Indpls ..................

59.48 Toledo & Ohio Central. . . April 15, 1885.*
117.77 Colb's., Hck'g Val. & Tol. Consol., Aug.20, 1881.
...... Chic., St. Louis & Pitts . . : January 10, 1883.*

Connecticut Central.

Connecticut Valley.

Connecticut Western

Connersville & N. Castle June.

Connoton Northern

Connoton Valley RR

Connoton Valley Ry

Connoton Val.& Straitsville...

Constable's Hook

Contoocook River

Contoocook Valley

Corning & Blossburg

Cornwall & Mt. Hope

Corn- & State-line.

Cotton Plant

Council Bluffs & St. Joseph .
Coun. Gr., Osage Cy. & Ott. .

Covington & Lexington

Covington & Ohio. . .
Covington, Col. & Black Hills.

}- See General Index for.

Georgia Pacific Consolidated in 1881.

104.00 Chic., St. Louis & Pitts... January 10, 1883.*

Northwestern Ohio i Consol., Jan. 1, 1878.

Northwestern Ohio i Reorg. Aug. 18, 1876.*

I Abandoned

10.00 Colusa & Lake. Consol., Nov. 27, 1886.

27.16 Concord & Claremont Consol.. Oct. 31, 1873.

2.00 New York. L. E. & West. See General Index. . .
. Dunk., All. Val. & Pitts. . IConsol., Nov. 23, 18^2.
1.00 Sea View Elevated. . . . I April 21, 1886.*

20' 20 I" New York & X' Ecg ' ' ' !purchased in 1888.*
46^20 Hartford & Con. Valley..! Reorg., July 1. 1880.
66.70 Hartford & Con. Wesfn. Reorg.. Aug. 1. 1881.
25.00 F. Wayne, Cin. & LMlle. July 27. 1881.*

Cleveland & Canton Mav 9. 1885.*

Centreville to Constable's H'k, N. J.
Contoocook to Hillsboro Bridge,N. H.

See Contoocook River

Lawrenceville to Corning, N.Y

Cornwall to Mt. Hope, Pa. . .

Cp's Ch'sti,S. Diego &R.G*de Corpus Christi to Laredo. Tex

See MANUAL for 1885, page 1 19

Brinkley to Cotton Plant. Ark

Council Bluffs. la., to Hamburg

Council Grove to Ottawa, Kan

Covington to Lexington, Ky

No road completed

Covington to Ponca, Neb .

1 .95 Central of New Jersey . . .

14 . 64 Concord & Claremont

Concord & Claremont

15.64 Corn'g.,C'nesque&Ant'm.

5. 20 Cornwall

160.80 Texas Mexican

Western N. Y. & Pa

10.00 Batesville & Brinkley

53.00 K. City. St. Joseph & C. B

70.00 Missouri Pacific

81 .83 Kentucky Central

Chesapeake & Ohio. . .

26.00 Ch., St. P., Minn. & Om'a.

; Consolidation, 1888.
i Consol., Oct. 31,1873.
Consol. .Oct. 31, 1873.
; Consol., Jan. 1, 1873.
'Consol.. Oct. 1. 1886.
jName chang'd in 18^1.
September, 1887.*
! Purch. March 1, 1882.
• Consol.. Julv
jBuiltbyMo.'Pac.
Reorg. in 1875.
i Consol. in 1868.
Consol., June 1, 1880.

Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

1182

RAILROADS MERGED IN OTHER LINES.

LIST OF RAILROADS MERGED IN OTHER LINES— Continued.

NAME op OLD COMPANY.

TERMINI or COMPLETED ROAD
AT THE TIME OP ITS ACQUIREMENT.

LENGTH IN
MILES.

NAME OP COMPANY
BY WHICH ACQUIRED, OR
TO -WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

Coving'n, Flmsb. & Pond Gap
Cowanesque Valley

Cowley, Smn'r & Fort Smith.
Cranberry

Johnston to Hillsboro, Ky
Lawrenceville to Elkland, Pa

18.50
12.00
68.81
23.32
6.00

Cincinnati & Southeast^.
Corn'g,C'nesque & Ant'm

j- Wich. & S.W. (Atch'n).
Oil City & Ridgwav

Name changed in 1880.
Con sol., June 1, 1874.

Con sol. in 1882.

See MANUAL, 18S7.
September, 1887.*
Consol. 1888.

j Wichita to Arkansas City. Kan . . .
1 Wellington to Caldwell, Kan
Oil City to Cranberry Pa

Cross-cut. . .

See MANUAL for 1885, p. 119.

Western N. Y. & Penn. . .
Central RR. of N. J
Louisville & Nashville

Cumberl'd & Maurice River. .
Cumberland & Ohio, No. Div.
Cumberland & Ohio, So. Div.
Cumberland & Piedmont

Bridgeton to Maurice River, N. J. .
See MANUAL for 1887, page 680
See MANUAL for 1887, page 680 .

22.50

Louisville & Nashville. . .
Cumberland & Penn

Built in 1880.

Dakota Central.

See MANUAL for 1885, page 658
No road built by this Company
Sioux City, la., to Yankton, Dak
Dallas to Denton, Tex. . .

'ei.50

37.00

Chicago & Northwestern .
Minn.,St.P. & S. St.Marie.
Chic., Mil. & St. Paul....
Missouri, Kan. & Texas. .
Newburyport
Chicago & E. Illinois
Sham. Val. & Potts

Proprietary road.
Consol., June 11, 1888.
Purchased in 1880.
Purchased in 1882.
Consol., Feb. 22, 1855.
Consol., Mar. 8, 1881.
Reorganized in 1858.*

Dakota Midland
Dakota Southern
Dallas & Wichita '.
Danvers & Georgetown

Danvers to Georgetown Mass

Danville & Grape Creek
Danville & Pottsville

Danville & Southwestern
Danv., Hazleton & Wilkesb'e.
Danv., Olriey & Ohio River...
Danv., Urbana, Bl'n & Pekin.
Dauphin & Susquehanna
Davenport & Northwestern . .

Danville to Grape Creek, 111

5.90
19.00
11.00

'43 '.44
86.10
117.50
54.00

i28!46
32.30

I Shamokin to Sunbury, Pa
"| Pottsville to Mahanoy Coal Fields.
See Paris & Danville
Sunbury to Tomhicken, Pa

Abandoned

Cairo, Vin. & Chicago. . .
Snb'y,H'zl Vn & Wilkesb.
Chicago & Ohio River . . .
Ohio. Indiana & Western.
Philadelphia & Reading. .
Chic., Mil. &St. Paul....

j- Chic., Mil. &St. Paul..

Dayton, Ft. Wayne & Chic.
Cincinnati Ry. Tunnel . . .
Dayton,Ft.Wayne & Chic.
Dayton, Ft. Wayne & Chic.
Dayton,Ft.Wayne & Chic.
Dayton,Ft.WTayne & Chic.
Little Miami
Dayton,Ft.Wayne & Chic.
Cincinnati Ry. Tunnel. . .
Little Miami
Wabaeh.

Reorganized, 1889.
March 20, 1878.*
February 10, 1886.*
March 28, 18b7.*
Consol.. June 19, 1872.
Consolidation, 1882.

Consolidation, 1882.

Consol., June, 1887.
Nme chg'd Jan. 21, '72.
Consol., June, 1887.
Consol., June, 1887.
Consol., June, 1887.
Consol., June, 1887.
February, 1865.*
Consol., June, 1887.
NamechgdJan.21,'72.
February, 1805.*
Consol., July 29, 1S89.
May 25, 1887.*
Name changed.
Consol., June, 1887.
Consol., June 4, 1880.
Consol., Nov. 17, 1879.
Consol., Nov. 17, 1879.
Consol., Dec. 10,1853.
Reorganized in 1881.
Purchased in 1881.

Sidell to Olney, 111

Danville to Pekin, 111
Rockville to Auburn, Pa

See Davenport & St . Paul
Davenport to Fayette, la

Eldridge to Maquoketa, la
See Dayton & Toledo

Dayton & Cincinnati
Dayton & Ironton
Dayton & Northern
Dayton & Southwestern

No road completed

Dayton to Dean, O
See Dayton & Toledo

154.00

Dayton to Wellston, O
Dayton Div., Tol., Cin., & St. L. ...
See Dayton, Xenia & Belpre
Stillwater June, to Covington, O
See Dayton & Cincinnati

115.00
'25 '.30

Dayton & Toledo
Dayton & Xenia

Dayton, Covington & Toledo.
Dayton, Lebanon & Deerneld
Dayton, Xenia & Belpre

Xenia to Dayton O

15.35
113.00

Decatur & East St. Louis ....
Decatur & Indianapolis

Decatur, 111., to St. Louis, Mo

No road built by this Company
No road completed.

Indpls., Decatur & Westn.
South & North Alabama.
Day ton. Ft. Wayne & Chic.
Chic Rock Island & Pac.

Decatur & Montgomery
Decatur & Ohio
Decatur & State Line

No road built by this Company
No road built by this Company

Decatur, Mattoon & Southern
Decatur, Sullivan & Mattoon.
Delaware & Cobbs Gap

See D. S. & M. following
Mattoon to Hervey

'32! 70

'e.'2i

11.79

Peoria, Decatur & Evansv.
Peoria, Decatur & Evansv.
Del., Lack'na & Western.
Pomeroy & Newark

No road built by this Company
Pa. State-line to Newark, Del .

Delaware & Pennsylvania., -j

Delaware & Western (E. Ex.).
Del.,Lehigh,Sch'ylkill & Susq.
Del. R. & Sltg'n (N. J. Div.)..
Delaware Shore
Delaware Western.

Newark to Delaware City, Del

Phila., Wilm. &Balto....
Del Lack'na & Western

No road built by this Company
No road built by this Company
Woodbury to Pennsgrove, N. J
See Wilmington & Western
Delphos, O., to Indiana Line
Bluffton to Warren, Ind

'i9!97
18.20
26.00
14.00
41.50
52.30

Lehigh Valley

Name chgd Jan. 7, '53.
April 21, 1887.*
Augusts, 1879.*
Consolidated in 1883.
Consol., June 12, 1886.
Consol., Jau. 12, 1886.
Consolidated in 1881.
Consolidated in 1881.
September 27, 1886.*

March 18, 1886.*

Built by Atchison.
Purchased in 1887.

Built by Mo. Pac.
Consol., Jan. 24, 1880.

Pa., Po'kecpsie & Boston
Delaware River

Baltimore & Philadelphia
Tol., St. Louis & Kan.C'y.
Tol., St. Louis & Kan.C'y.
Missouri, Kan. & Texas. .
Missouri, Kan. & Texas. .
St. Louis, Salem & Ark. .

i Denver, Texas & Gulf. .

Atch., Topeka & San. Fe.
Den. & Santa F6 (Atch.).

Missouri Pacific
Union Pacific

Delphos & Kokomo
Delphos, Bluffton & Frankf t.
Denison & Pacific

Denison to Gainesville, Tex

Denison & Southeastern
Dent & Phelps

Denison to Greenville, Tex

See General Index for

Denver & New Orleans. . . . -j

Denver & Santa Fe
Denver Circle

Denver.Memphis & Atlantic -j
Denver Pacific

Denver to Pueblo, Col.

124.37
13.69
124.27
8.10

411.00
106.00

'34.92
55.73
37.00
28.50
21.40
111.11
88.00
162.20
26.50
113.50

i89!66

Franceville & Colorado Springs, Brs.
South Pueblo to Denver, Col ....

[n and around Denver, Colo
Chetopa to Larned, Kan. 1

Ness. Co. Line, Kan., to Col. S. L. j
Denver, Col., to Cheyenne, Wyom...
See MANUAL for 1886, page 764 for. . .
Des Moines to Knoxville, la
Des Moines to Callanan, la
Des Moines to Ames, la

Denver Western & Pacific.. . .
Des Moines & Knoxville
Des Moines & Minneapolis. . .
Des Moines & Minnesota
Des Moines, Adel & Western .
Des Moines, Indianola & Mis.
Des Moines, Osceola & So

Des Moines Valley -j

Des Moines,Wint'rst & S.W'n
Detroit & Butler

Den., Marshall & Boulder.
Chic., Burl. & Quincy
Chicago & Northwestern.
Chicago & Northwestern.
Des Moines & Northw'n .
Chicago, Rock Isl. & Pac.
Des Moines & Kansas C'y.
Des Moines & Ft. Dodge.
Keokuk & Des Moines. . .
Chicago, Rock Isl. & Pac.
Wabash
Det., Lansing & North'n.
Detroit, G'd Haven & M*l.
Detroit, G'd Haven & Mil .

April 15, 1885.*
Built in 1880.
Consol., Oct. 24, 1884.
Consol., Oct. 24, 1884.
Reorg., October, 1880.
Consol., June 4, 1880.
November, 1887.*
October 17, 1873.*
October 17, 1873.*
Consol., June 4, 1880.
Consol., Julv 29, 1889.
Drcrmber 14, 1876.*
September 4, 1878.*
September 4, 187S.*

Waukee to Ponora, la

Des Moines to Indianola, la
Des Moines, la., to Gainesville, Me. .
Des Moines to Fort Dodge, la

Keoknk to Des Moines, la
Summerset to Winterset, la
Detroit, Mich., to Butler, Ind
No road built by this Company
Detroit to Grand Haven, Mich
Detroit to Pontiac, Mich

Detroit & Howell
Detroit & Milwaukee
Detroit & Pontiac

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

RAILROADS MERGED IN OTHER LINES.

1183

LIST OF RAILROADS MERGED IN OTHER LINES -Tow «,»/«/.

NAME or OLD COMPANY.

TERMINI OF COMPLETED ROAD

AT THE TIME OF ITS ACQUIREMENT.

ES

NAME OF COMPANY

BY WHICH ACQUIRED, OR

TO WHOSE STATEMENT

REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

Detroit & St. Joseph

Detroit & State Line

Detroit, Butler & St. Louis. .
Detroit. Eel River & Illinois.
Detroit. Hillsdale & Indiana.
Detroit, Howell »fc Lansing. .

Detroit, Lansing & L. Mich

Detroit to Kalamazoo, Mich

No road built by this Company

See Detroit & Butler

Logansport to Butler, Ind

Ypsilanti to Bankers, Mich

No road built by this Company

i t Detroit to Howard City, Mich

i Junction to Stanton, Mich

Detroit, Mackinac & Marq. . . (Point St. Ignace to Marq., Mich. . . .

Detroit, Monroe & Toledo (Detroit, Mich, to Toledo, O

Detroit, State Lino & Wabash Detroit, Mich., to Butler, Ind

Dightou & Somerset |See MANUAL for 1885, page 76 (D.). . .

Dixon & Quincy j Junction to Keitsburg. HI

Dixon. Peoria & Hannibal. . . iBuda to Elmwood, 111

Dixon, Rockford & Kenosha. See Kenosha, Rockford & Rock Is. .

No road built by this Company

Oak Grove to Cambridge, Md

Neponset to Matapau. Mass

Drummond to Phillipsburg, Mont. ..

Dixon, Rockford & State L .

Dorchester <te Delaware

Dorchester & Milton

Drummond & Phillipsburg

Dublin & Wrrightsville Wrightsville to Dublin, Ga

Dablin Township No road built by this Company

Dubuque & Dakota Hampton to Suhiner, la

Dubuque & McGregor No road built by this Company

Dubuque & Minnesota See Chic., Dubuque & Minnesota. .

Dubuque & Northwestern Dubuque to Thorpe. la

Dnhnnnp <fr P^irifir * Dubuque to end of track, la

lfic '( See MANUAL for 1887, page 812, for.

Dubuque, Bellevue & Miss... See Chicago. Clinton & Dubuque

Dubnque, Marion & Western. Farley to Cedar Rapids, la

Dubuque & Southwestern .... See Dubuque, Marion & Western . .

Dn'k., Chautauqua L. & Pitts. See MANUAL for 1885, page 119

Dunkirk, Warren & Bristol . . Dunkirk, N. Y., to Warren, Pa

Dunkirk, Warren & Pittsb'gh Dunkirk, N. Y., to Warren, Pa

Dntchess & Columbia Dutchess Junct'n to Millerton, N. Y

Duxbury & Cohasset Cohasset to Kingston. Mass

144. 00 Michigan Centra!. ..

Toledo, Can. So., & Det.

Wabash

93. 90 Eel River...

65.20 Det., Hillsdale S. W'n.. . .
Det., Lansing & Nor

/•Det., Lansing & Nor

jlSl.'oODuluth, So. Sh. & All...

62.36 Lake Shore & Mich. So . .

113.50 Wabash

Old Colony

6.23 Chicago. Burl. & Quincy.

44.51 Chicago, Burl. & Quincy.
Chicago & Northwestern .

.... Chicago & Northwestern.

27.25 Cambridge & Seaford
3.30 Old Colony

25.80 No. Pacific & Montana.

19.00 Wrightsville & Tennille..
Cine., Jack 'n & Mackinaw

63.20 Chic., St. Paul & Kan. Cy.

Chic.. Milw. &St. Paul...

Chic., Milw. & St. Paul..

50.00 Chic., St. Paul & Kan. Cy.

80.00 Dubuque & Sioux City." .

Iowa Falls & Sioux City .

Chic., Milw. & St. Paul..

54.76 Chic., Milw. & St. Paul..

Chic., Milw. & St. Paul..

Western N. Y. & Penn. . .

54.80 Dn'k., APgh.Val. & Pitts.

54.80'Dunk., All. Val. & Pitts .
| 58.84 NewVg, Duchess & Conn.

20. 69 Old Colony

Purch., Sept. 24, 1846.

East Alabama & Cincinnati . .

East Ala. & Cin.— Branch

East Brandy w. & Waynesb. . .

East Florid-t

East Line & Red River

East River

East Tennessee & Georgia . . .
East Tennessee & Virginia. . .

East Texas (S. & E.T.i

East Thompson

E. Jc.B'il., S'd.Pr.& P.Shirley

Eastern Ohio

Eastern Shore

Easton Branch

Eaton & Hamilton

Eekh-nt Branch

Edgefield & Kentucky

Eldora

Elgin & State Line

Elgin Branch . .

Elizabeth & Somerville

Elizabeth City & Norfolk

Elizabethtowh <fc Paducah . . .

Cecilian Branch

Elk & Chautauqua

Ellsw., McPh., Newton A: S.E.
Elmira, Jeff. & Canandai^ua

Eiyria & Black River

E;:.lenton, Sh'penv. & Clarion
Enterprise

Erie .....'.'...:.

Erie & Kalamazoo

Erie & Louisville

Erie & New York City

Erie & Niagara

Erie & Northeast

Escanaba & Lake Superior. ..

Essex

E*sex County

Etowah & Deatons

EvausviJle «fc Crawfordsville. .

'Opelika Junction to Buffalo, Ala

Gadsden to Attalla. Ala «...

Downingtown to New Holland, Pa. .

Georgia Line to Jacksonville

Jefferson to Greenville, Tex

No road built by this Company

iKuoxville, Tenn., to Dalton, Ga

Bristol to Knoxville, Tenn

Taylor's Bayou to Woodville, Tex. . .

!No road built by this Company

East. R.R. to Pt. Shirley, Mass. & Br.

: Cumberland to Mt. Pleasant, O

Delmar, Del., to Cnstield, Md

Stoughton to Easton , Mass

! Hamilton, O.. to Indiana Line

i Junction to Eckhart. Md

Nashville, Tenn., to Kentucky Line.

Ackley to Eldora. la

Elgin to Genoa, 111

Petitcodiac to Elgin, N. B

i No road built by this Company

i Berkeley, Va.. to Edenton, N.C..& Br.

Elizabethtown to Paducah, Ky

Cecilia to Louisville, Ky

Greenwood Co. Line to Howard, Kan.

Eldorado to Newton. Kan

Watkins to Canandaigua, N . Y

Eiyria, O., to Black River Harbor.. . .

Emlenton to Clarion, Pa

Locust Gap Jc., to Shamokin, Pa

See General Index for

Toledo, O., to Adrian. Mich

Tremont to Minster, O., & Branch..

No road built by this Company I

Niagara to Old Fort Erie, Ont i

^rie, N. Y., to Pennsylvania Line. . . !

! i Narenta to Metropolitan, Mich j

i Branches and Extensions to Mines

Salem to Lawrence, Mass

St. Johnsbury to Lunenburg, Vt

:Seney to Deatons, Ga j

Evauav. to Terra Haute, Ind.. A: Br. .

July D. 1677.*
December 28. 1*74.
December 14. 1876.*

. .. December 14, 1876.*

Purch., Oct. 2C, 1886.
iSee General Index.
: Consol., July 31. isxQ.
See MANUAL I
Built by C. B. &
'Built by C. B. &
Consolidated in 1
IConsol., Jan. 1, 1864.
Purchased in 1888.
Merged in a 387.
[Purchased in 1888.
'Consol. .Dec. », 1880.
Consol., Feb. 12, 1886.
Purch., Dec. 8, 1887.
; Purch., June3, 1880.
Purch., JuneS, 1880.
Purch., Dec. 8,1887.
August 21, 1860.

Purch., June 3. iSH'.
Purchased in 1879.
i Purchased in 1879.
I September, 1887 *
'Consol., Nov. 23. 1872.
IConsol., Nov. 2S 1572.
! August 5, 1676."
Cousol., Oct. :

20.00 East Alabama April 6, 1880.*

5.50 Tennessee & Coosa [Reorganized in 1885.

2^.11 Downington & Lancaster. June 7, 1888.*
43.00!Savannah. Fla. & Wesfn. Consol.. Mar. 7
124.00JMissouii, Kan. & Texas. . JConsolidated in 1881.

[Norfolk & Western IConsol., May 9, 1882.

112.00IE. Tenn., Va. & Georgia. Consol.. Nov. 20, 1869.
130.00JE. Tenn., Va. & Georgia.! Consol., Nov. 20, 1869.
72.25 Texas &'New Orleans. . . . IPurch. April, 1883.

N. York & New England/Reorganized in 1873.

6.97 Bos.. Winthrop & Shore.. Consol., Dec. 11, 1883.
7.75 (Inn.. Wheeling & N. Y. [Purchased in 1883.
38.00 N. York, Phila. & Norfolk! Con sol., Jan. 1.

Consol., Oct. 1,1-; 2.
Reorg., May 3. 1866.
Consolidated in 1870.

3.68 Old Colony...
37.00 Cin., Richmond & Chic.

14.00 Cumberland & Penn

47.00 Louisville & Nashville. . .

May 19, 1879."

17.50|Iowa Central Nov.. '87 & Mar., '88.*

86.84 Chicago A: Northwestern. IConfo].. June 7, 1883.

14.00 Elgin. Pet. & Havelock. . JName ch'ged in 1884.
Central of New Jersey — Consol., Feb.. 22.1M9.

74.02|Norfolk Southern Name ch'd Feb. 1. '83.

185.70 Chesap., Ohio & S. Wn.. Consul . Jan. 26. 1882.

46.70'Louisville <fc Nashville. .. May 19. 1877.

11.84iK.C.,E'p.&S.(A.T.& S.F.) Consolidated in 16>2.

32. 29; St. Louis, Ft. S. & Wich.' Consol. in Oct.

46.60 Elmira & Lake Ontario . . 'Consol., Dec. 3:
8.00 Clev.. Lorain & Wheel ing] February 5, 1883.*

29.70 Pittsburgh & Western . . . Consol.. Sept. •,.". 1S>3.
7.00 Philadelphia & Reading.. Pnrch. about li>70.
..'..N.York, L. Erie & Wn.. April 24, 1878.*

33.00 Lake Shore & Mich. So.. Consolidated in 1869.

107.70 Lake Erie & Western Consol.. Jan. 1. .

New York. Penn. & Ohio. January 6.

30.60 Canada Southern

|Lake Shore & Michigan S. Consolidated in 1869.

^•Jjl j-Chic. & Northwestern .Consol., Sept. 14. 188*

l(j!89 Eastern iPurchased in 1865.

20.00 St. J'nsb. & L. Champl'n. Reorg.. July 1, 1880.

9.00:Rails taken up in 1884 .. ... .".

121.00 Evansville & Terre Haute Name changed, 1877.

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

1184

RAILROADS MERGED IN OTHER LINES.

LIST OF RAILROADS MERGED IN OTHER LIIS ES— Continued.

NAME op OLD COMPANY,

Evansville & Illinois. .«.

Evansv. & New Harmony

Evansville & Peoria

Evansville & So. Illinois

Evansville, Carmi & Paducah.
Evansville, Hend'rs'n & Nash.

Evansville Local Trade

Evansv., Owensboro & Nash.
Evansv., Rockport & East'n..
Evansville, Wash. & Brazil . .
Evansv.. Wash. & Worth' g'n.

TERMINI OF COMPLETED ROAD
AT THE TIME OP ITS ACQUIREMENT

Evansville to Columbia, Ind

No road built by this Company . .
No road built by this Company

/• No road built by these Companies.

Tennessee Line to Henderson, Ky. . .
No road built by this Company. . .

See Owensboro & Russelville

Ev'sv.to Jasper& G'tryv.to R'kp.Jn
Washington to Worthingtou, Ind. . .
No road completed, by this Company

Fairbury, Pontiac & No. W. . Streator to Fairbury, 111. , , , ,

Fairtield County No road built by this Company

Fairhaven Branch West Wareham to Fairhaven

Fall River Fall River to South Braintree, Mass.

Fall River Branch Fall River to Myricks, Mass

Far Rockaway Branch Valley Str'm to Far Rockaway, N.Y,

Fargo & Southern 'Artonville, Minn., to Fargo, Dak

Farmers' Oil City to Petroleum Centre, Pa

Farmiogton Valley Granby, Ct., to Mass. Line

Fayetteville & Florence No road built by this Company

Fayetteville & Little Rock. . . JFayettevilte to Powell, Ark

Federal Creek No road built by this Company

Felton & Pescadero Felton to Boulder Creek, Cal

Fernandina & Jacksonville . . Hart's Road to Jacksonville. Fla

First Div., St. Paul & Pacific. St. Anthony to Breckinridge, Minn..

Fitchburg & Worcester Fitchburg to Sterling Junction, Mass.

Flemington Lambertville to Flemington, N. J. . .

Flint River No road built by this Company

Flint & Holly Flint to Holly, Mich

Florida Fernandina to Cedar Keys, Fla

Florida & Alabama Flomaton, Ala., to Peusacola, Fla. . .

Florida, Atlantic & Gulf Cen. ; Jacksonville to Lake City, Fla

Florida Central See Fla. A. & G. Central

Florida Central & Western. . . Ij'ksonv., Fla., to Ch'the'r Riv. &Br.

Florida, Peninsula & J'ks'nv. Fernandina to Cedar Keys, Fla

Florida Ry. & Navigation. . . . See 1888 MANUAL, page 583

Florida Transit See Fla., Penin., & Jacksonville . . .

Florida Transit & Peninsula. . Fernandina to C.Keys & Br. toW'dw.

{iHunter's Pt., to Shadyside Jc., N.Y.
Southside Junction to Winfield
jWinfield to Main St., Flushing

Flushing & North Side ! Hunter's Pt. to Whitestone, N. Y. . .

Flushing, No. Shore & Cen. . jHunter's Pt. to B'hpg., N. Y., & Br.

Folsom & Placerville Folsom to Shingle Springs, Cal

Fond du Lac,Amboy & Peoria jlron Ridge Jc. to Fond du Lac, Wis.

Fort Dodge & Fort Ridgely . . | Fort Dodge, la., North

Fort Erie j Welland Junction to Fort Erie, Ont .

Fort Leaveuworth Leaven worth, Kan., to Missouri Riv.

Ft.Scott,Humboldt & West'n. |No road built by this Company

wt <? Q'thpVn «r Mpmr>hi« J jMain line, Kan., to Ash Grove, Mo. .
Ft. S., S the rn & Memphis, -j |Arcadia to Coalvale) Mo

Ft. Scott, Wichita & Western. iCorwin to Kiowa, Kan

Fort Smith & Southern iNo road built by this Company

Fort Wayne & Chicago j

Fort Wayne, Muncie & Cin . . jFort Wayne to Connersville

Ft. Wayne, J'ks'n & Saginaw. Jackson, Mich., to Ft Wayne, Ind
Foxburg, Kane & Bradford. . No road built b
Foxburg,St.Pet'sb'g & Clar'n. 'Foxburg to Jefferson, Pa

Fox Lake I .

Fox River Valley |See Elgin & State Line

Framingham & Lowell iFramingham to Lowell,

Frankfort & Kokomo | Frankfort to Kokomo, Ind

Frankfort & State Line Frankfort, Ind., West

Franfort, St. Louis & Toledo.

Franklin

Franklin & Bristol

Franklin & Ohio River

Franklin & Warren

Fredericksburg & Gordonsv..
F'd'ksburg, Orange & Charlv.

Fremont & Indiana

Fremont, Lima & Union

Friendship

Pulton & Guerneville

Fulton & Oswego

No road built by this Company. .

Chamb'b., Pa., to Hageistown, Md..

Franklin to Bristol, N. H

No road built by this Company

No road completed by this Company

Fredericksburg to Parker, Va

See General Index for

No road built by this Company

No road built by this Company

Bolivar to Friendship, Pa

No road built by this Company

See General Index for ^P~

37.00 Evansville & Terre Haute

Peoria, Decatur & Ev

Peoria, Decatur & Ev

Southeast & St. Louis...

32.00

6.00

NAME OF COMPANT

BY WHICH ACQUIRED, OR

TO WHOSE STATEMENT

REFERENCE SHOULD

BE MADE.

88.25 Louisville & Nashville . . .

Louisv., Evansv. & St. L.

Owensboro & Nashville . .
71.00 Louisv., Evansv. & St. L.
40.00 Evansville & Indianapolis

Evansville & Indianapolis Consol

Wabash

Dan bury & Norwalk

Old Colony.

41. 83 Old Colony

12.00 Old Colony

Long Island. . .

Consol., July 29, 1889.

Name changed, 1850.

Consol., Mar. 5, 1883.

Consol., Oct. 1, 1872.

Consol., Oct. 1, 1872.

Consol. in April, 1889.

Purchased in 1885.

September, 1887.*

Purchased in 1854.

Reorg., April 3, 1879..

Purchase, May, 1887.

N'mech'dNov.19,'86.

Consol., May 23, 1887.

Reorg., May 1, 1889.
207.10jSt. P., Minn. & Manitoba June, 1879.*

13.99 Old Colony Consol., Mar. 5, 1883.

11 .67 Belvidere, Delaware Consol., Feb. 16, 1885.

Flint & Pere Marquette. . Consul., June 4, 1872.

17.00 Flint & Pere Marquette. . Consol., June 4, 1872.
55.00 Fla. Cent. & Peninsula. .. April 2, 1888.*
44.54 Louisville & Nashville. .. Rebuilt in 1869-70.
59.35 Fla. Central & Peninsular Reorg.. May 1, 1889.

Fla. Central & Peninsular Reorg., May 1, 1889.

213.00 Fla. Central & Peninsular Reorg., May 1, 1889.

116.97 Chic., Milw. & St. Paul..

7.75 Western N. Y. & Penn. . .

4.50 N. Haven & Northampt'n

I Cape Fear & Yadkin Val.

25. 61, St. Louis & San Francisco
Marietta, Columbus & No.

7.30 South Pacific Coast

21.50 Fla. Cent. & Peninsular.

155.00 Fla. Central & Peninsular
Fla. Cent. & Peninsula. ..
Fla. Central & Peninsular
231.00 Fla. Central & Peninsular
2.73 New York & Flushing . . .

Abandoned

Long Is. City & Flushing.
11.85 Long Is. City & Flushing.

39.00 Disintegrated

25.00 Northern (California) . .
28.52 C. M. & St. P. (No. Div.).
13.00 Minneapolis <fc St. Louis..

17.50 Canada Southern

2.00 Chic., Rock Island & Pac.
Ft. Scott, Wichita & W'n.
81.75
5.48
12.00

St. Louis & San Francisco Purchase, May, 1887.
Pittsb., Ft. Wayne & Chi. Consol., Aug. 1, 1856.
109.00 Ft. Wayne, Cin. & L ville. July 27, 1881.''

97.83

13.41

17-

[Kan.Cy.,Ft.Scott&Mem Consol., Apr. 23, 1888.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

Name changed, 1877.
Consol., July 16, 1881.
Consol., Aug. 24, 1880.

November 18, 1880.*

April 6, 1879.*
Consol., Oct. 5, 1881.
May 29, 1876.*
Consol., Oct. 5, 1881.
Consol., Jan. 1, 1886.
., Jan. 1, 1886.

Reorg., May 1, 1889.
F.,A.M.&Jn.,1888.*
Reorg., May 1. 1889.
Reorg., May I, 1889.
Reorganized in 1859. *

Purcb., May 1, 1869.
Reorg., Mar. 11, 188

Cons.ol.,May4, 1889.
Purchased in 1882.
Purchased in 1879.
Built by C. S. in 1883.
Consol., June 4, 1880.
May 23, 1887.*

Missouri Pacific

Built by Mo. Pac.

Fort Wayne & Jackson .

Pittsburgh & Western.. .
12.20 Pittsburgh & Western.. .

Chic., Milw. & St. Paul.

Chicago & Northwestern
26. 12 Old Colony

Decembers, 1879.*
Consolidated in 1883.
Consolidated in 1883.

Consoi.', ' June 7, 'l883.
Consolidated in 1886.

.00 Tol., St. L. & Kan. City. . Consol., June 12, 1886.
6.00 Tol., St. L. & Kan. City. . Consol., June 12, 1886.

Tol., St. L. & Kan. City.. Consol., June 12, 1886.

22.00 Cumberland Valley ' Consol., May 31, 1865.

Northern N. Hampshire.. jConsol., Jan. 31, 1840.
Cin , Wash. & Baltimore.! December 9, ISs.'.
N. York, Penn. & Ohio. . January 6, 1880.*

Lake Erie & Western. . . . Consol., Jan. 1, 1880.
Lake Erie & Western ____ j Consol., Jan. 1, 1880.
11.30 Lackawanna & Pittsburgh Consol., Mar. 24, 1883.
San Francisco & No. Pac.! Consol., June 29, 1877.
Syr., Geneva & Oswego. . [Consolidated In 1886.

* Acquired by purchased foreclosure or reorganized after forclosure sale on date given.

RAILROADS MERGED IN OTHER LINES.

1185

LIST OF RAILROADS MERGED IN OTHER LINES— Continued.

NAME OF OLD COMPANY.

Gainesv'e, Ocala & Charl.Hb'r No road built by this Company

Galena & Chicago Union

Galena & Illinois River

Galena & Wisconsin

Gailipolis, McArthur & Col'bs

Gait & Guelph

Galveston & Red River

ualveston, Brazoo & Colorado
Galveston, Houston & June. .
Galveston, Sabine & St. Louis

Garfield & Cherry Grove

Genesee & Oakland

Genesee Valley

Geneva & Ithaca.

See 1885 MANUAL, page 656. ...

Geneva, Horn'sv'e & Pine C'k

Geneva, Ithaca & Athens

George's Creek

Georgetown & Lanes

Georgia Air-Liue

Georgia Southern

Georgia Western

Georgian Bay & Wellington. .
Gettysburg

No road built by this Company

No road built by this Company

No road built by this Company

Harrisburg to Guelph, Ont I

No road built by this Company | ,

Galveston westward

No road built by this Company

Longview June, to Carthage, Tex...

No road built by this Company

No road built by this Company

Avon to Mt. Morris, N. Y

Geneva to Ithaca, N. Y

Gilman, Clinton & Springfield Gilman to Springfield, 111

Glassboro

(iloversville & Northville . . .

Golden, Boulder & Caribou .

Good Spring

Goodvvater & Birmingham . .

Graf ton Centre

Grand Gulf & Port Gibson. .

Grand Haven

Grand Island & Marysville. .

Grand Island & St. Paul

Grand Junction

Grand Junction.. .

Grand Rapids & Fort Wayne.

Grand Rapids & Holland

Grand Rapids & Lake Shore.
Grand Rapids & Mackinaw . .
Grand Rapids «fc Southern.. . .
Grand Rapids, Ind. & Mack. .
G. Rapids, Newago & L. Shore
<>rand Rapids, Wabash & Cin.

AT T1IE TIME OF ITS ACQUIREMENT. ~ =

TEUMINI OF COMPLETED ROAD

No road built by this Company

Geneva to Athens, N. Y

Lonaconing, Md., to Pdmt., W. Ya. .

Georgetown to Lanes, S. C

No road built by this Company

Dalton, Ga., to Alabama Line

No road built by this Company

No road built by this Company

See Susq., Getty sbursh & Potomac .

South Glassboro to Glassboro, N. J.

Gloversvi le to Northville, N. Y

Boulder, Col., to Marshall Coal Bank

Swatara to Brookside. Pa

No road built by this Company

Graf ton to Graf ton Centre. Ma

Grand Gulf to Port Gibson. Miss

Allegan to Mnskegon. Mich

See 1886 MANUAL, page 588, for C^"

No road built by this Company

Cottage Farm to East Boston. Ma--.

» Belleville to Peterboro, Ont

i Branch to Modoc, Ont. .

No road built by this Company

No road built by this Company

No road built by this Company

No road built by this Company

No road built by this Company

Bay View to Mackinaw, Mich

Grand Rapids to White Cloud, Mich.
No road built by this Company. . . .

i No road built by these Companies.

Grand Trunk of Indiana
Grand Trunk of Michigan

Grayville & Mattoon [Mattoon to Parkersbtirg

Great Falls & Conway ; Great Falls to Union Village. N. H . .

Great Falls & South Berwick.! Great Falls toSouth Berwick, Me...

Great Valley & Bradford (No road built by this Company. . . .

Great Western Indiana Line to" Naples, 111

Great Western (of Canada) . . . HSee 1888 MANUAL, page 973. g3^° . . .

Great Western of 1859 ilnd. Line to Meredosia& Naples, 111.

Green Bay <fc Lake Pepin Green Bay to Marshland, Wis

Green Bay & Minnesota (Green Bay to Marshl'd, Wis.,& br's..

Green Bay, Milw. & Chicago. No road built by this Company

Greenville & Columbia I Greenville to Columbia, S. C., & br's

Greenville & Laurens j Laureus to Greenville, S. C

Greenville & Miami ; Union City, Ind.. to Dodson. O

Greenville & Roanoke jHicksford, Ya.. to Gaston, N. C'

Greenville. Columbus & Birm. iGreenv. to Johnsonv. <fc Arcola. Miss.

Greenwood, Laureus & Spart.j Greenwood to Spartanbtirg, S. C

Grenada, Houston & Ea:*tern. i No road built by this Company

Grinnel & Montezuma ! Grinnel to Montezuma, la

Groton <fc Nashua No road built by this Company

Gulf, Western Texas & Pac. . Indianola to Port Lavaca, Tex . .

Hackensack

Hackensack & New York

Hackensack & New York Ex.

Halifax and Cape Breton

Halifax & Scotland Neck . . .
Hamilton, Lacon <fc Eastern. .

Hamilton & Northwestern. . ..

Hampshire & Hampden . . .
Hannibal & Central Missouri.

See Hackensack <fc New York
Junction to Cherry Hill, N. J.
Cherry Hill to Spring Valley. N.
New Glasgow to Mulgrave, N. S. .

No road built by this Company
) Port Dover to Allandale, Ont
j Beeton to Collingwood. Ont
Northampton. Mass., to Ct. Line.
Hannibal to Moberly, Mo

NAME OF COMPANY

BY WHICH ACQUIRED, OR

TO WHOSE STATEMENT

REFERENCE SHOULD

BE MADE.

Florida Southern

Chicago & Northwestern .

Chic., St. Louis & Pitts..

Chicago & Northwestern.

Col'be,Hock'gVal.&Tol.
28.98 Grand Trunk

Houston & Texas Central
15,00 Texas Mexican

Galv'n, Houston & Hdsn.
38.00 Tex., Sabine Val. & N.W.

Cherry Grove .

Flint & Ptre Marquettt

WHEN AND HOW

ACQUIRED BY EXIST-
ING COMPANY.

15.50 Avon, Geneseo & Mt.Mor.
40.87 Geneva, Ithaca & Sayre. .

Elmira & Lake Ontario. . .
76,50 Geneva, Ithaca & Sayre. .

13 00 Cumberland & Penn

37.00 Georgetown & Western. .

Atlanta & CharlotteAir-L.
65.70EastTenn., Va, &Ga....

Georgia Pacific

Consolidation.
Consol., June2, 1864.
January 10, 1883.*
Consol., June 2, 1864.
Consol., Aug. 20, 1881.
Merged Jan. 31, I*:1.'.
Name ch'dSept., '£6.
March 29, 1881.*
August 1, 1882.*
May 8. 1888.*
Name changed, 1883.
Consol., June 4, 1872.
Reorganized in 1860.
Reorg., Oct. 2, 1870.
Consol., Dec. 31, 1886.
Reorg., Oct. 2, 1876.
Purchased in 1863.
October 5, 1887.*
December, 5, 1876.*
Purchased in 1880.
Purchased in 1881.

Gr. Tr., Geo. Bay & L. E. Consol. April 12, 1881.
Baltimore & Harrisburg. . ~

111.47 Illinois Central
0.50 Atlantic City

Consol., Oct., 1886.
See Ch. & Springfield.

, j Consol.. Mar. 2fi.

16.17 Fonda, Johnst'n & Glov.. January 22, 1881.*

5.09

16.30 Philadelphia & Reading.. ! Consol , May 8, 1671.
Columbus & Western .... ; Consolidation in 1887,

3.00 Graf ton & Upton 'Name ch'd Feb., 1888.

8.00 Louisv., New Orl & Tex. Purchased in 1883.
57.50 Chicago & West Michigan Consol., Oct. 1. 1881.

St. Jo. & Grand Island... JConsol. in June. 1885.

lOmaha & Repub. Val. Ry. Consol. in 1887.

9.30 Boston & Albany Purchased in 1866.

Consol. in April, 1882.
Consol., July 30. 1857.

- Midland of Canada
Grand Rapids & Indiana.

Chicago & West Michigan 'Consol., Oct. 1, 1881.
Chicago & West Michigan iCousol., Oct. 1. 1881.

• Grand Rapids & Indiana.
Grand Rapids & Indiana.
34.31 Grand Rapids & Indiana.

46.00Chica
..ICin.

:ago & West Michigan !
. Wabash & Mich.... I

Consol.. July 30, 1857.
Consol., Sept. 1, 1855.
Coiisol.. Oct. 1, 1884.
Consol., Oct. 1, 1881.
Consol., June 18. 1871.

Michigan Air-Line JConsol., Aug. 25. 1S68.

70.80 Peoria. Decatur & Evansv. July 2. 1880.*

20.09 Ptsmh., Gt. Falls &Con'y. Consol., June 30. 1865.
6.00lPtsmh.,Gt. Falls & Con'y, Consol., June 30, 1865.

Buffalo. Roch. & Pittsb.. JConsol., Mar. 11, Ib87.

177.00 Wabash [Consol., July 29, 1889.

. . . Grand Trunk iConsol., Aug. 12, 1-^.

180.70 Wabash Consol., July 29. Ib89.

•209.30 G'n Bay. V\ inona, & St. P. January 20, 1881.*
218.80 G'n Bay, Winona & St. P.'January 20, 1881.*

Chicago & Northwestern . i

164.80 Columbia & Greenville. . . April 15, 1880.*

36.30'Port Royal & W. Nor. Car;Consol.. Oct. 27. 1886.

31 .69 Dayton & Union 'October 30, I860. *

18.00jPetersbnrg 'Abandoned about '77.

40.00:Georgia Pacific |Purchased in 1881.

66.00iPort Royal & W. Nor. Car.iConsol.. Oct. 27, 1S86.
SeeVicksb. & Nashville.

13.63lCentral Iowa Consol., Oct., 1880.

Worcester, Nash. & Roch. Consol., Dec. 1. 1883.

10.50!Abandoned

. . . New Jersey & New York. Consol., Dec., lv»6.
7.50'New Jersey & New York.: Consol., Dec., 1886.
13.25 New Jersey & New York^Oonsol., Nov. 4, 1874.

80.00! Eastern Extension IName changed.

'Wilmington & Weldon ......'

Chicago & Alton 'Acquired franchise.

j- Grand Trunk Consol., Jan. 24, 1888.

24.96 N. Haven & Northampton i Consolidated in 1862.
72.50J Missouri, Kansas & Tex.. 'Purchased in 1874.

134.07

* Acquired by purchase at foreclosure or reorganized after foreclosure at date given.

1186

RAILROADS MERGED IN OTHER LINES.

LIST OF RAILROADS MERGED IN OTHER LINES- Continued.

NAME OF OLD COMPANY.

TERMINI OF COMPLETED ROAD
AT THE TIME OP ITS ACQUIREMENT.

LENGTH IN
MILES.

NAME OF COMPANY
BY WHICH ACQUIRED, OK
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

Hannibal & Naples
Hanover Branch

Bluffs, 111., to Hannibal, Mo., & br'ch
Hanover Junction to Hanover, Pa. . .
N. AMngton to S. Hanover, Mass. . .
No road Duilt by this Company.

56.10
12.20
8.00

Wabash.

Consol., July 29, 1889.
Consol., Oct., 1886.
Purch. July 1, 1887.
September, 1881.*
Consol., Oct., 1886.
Reverted, Sept. 10. '77.
June, 1885.*
June, 1885.*
Consol., Apr. 16, 1885.
Consol., July 24, 1872.
Reorg. in 1873.
Consol., July 24, 1872.
Reorg. in 1873.
Consol. in 1882.
B'tbyC.,B.&Q.in'80.
Consol. in 1874.
Purchased in 1880.
June 19, 1885.*

Baltimore & Harrisburg.
Old Colony
Rdg., Marietta & Hanvr. .
Baltimore & Harrisburg..
Bennington & Rutland. . .
N. Y., Rutland* Mon...
N. Y., Rutland & vion

Hanover Branch
Hanover Jc. & Susquehanna.
Hanover Jc.,Hnvr. & Gettysb.

Harlem Extension

Harlem Extension South
Harper and Western
Hartford & New Haven
Hartford & Providence
Hartford & Springfield. . .
Hartford, Prov. & Fishkill . . .
Harvey County

Hanover Junction to Ortanna, Pa. . .
j Rutland to Bennington, Vt., & Br
1 Ben.,Vt., to Chat'm F. Corn's,N.Y.
See Lebanon Springs

38.66
59.10
57.10

Harper to Attica, Kan

11.46

78.00

'26!66

123.17

8.89
15.73
75.00
128.00
25.00

Southern Kansas (Atch.).
N.Y., N. Haven & Hartf 'd
New York & New Engl'd
N.Y., N. Haven & Hartf 'd
New York & New EngFd
Wich.& S.W.(A.T.& S F.)
Chicago, Burl. & Ouincy.
Chicago, Milw. & St. Paul
Chicago, Milw. & St. Paul
St. Joseph & Grand Isl'd.
Chicago, Milw. & St. Paul
Chicago, Milw. & St. Paul
Indiana, Bloom. & W'n..
Illinois Central
Illinois Central.

N. Haven, Ct., to Sp'gf 'd,Ma?s.,&brs.
No road built by this Company
Hartford, Ct., to Springfield
Prov., R. I., to Waterbury, Ct., & br.
Sed^wick to Halstead Kan

Hastings & Avoca
Hastings & Dakota

Hastings & Grand Island
Hastings & Stillwater

Hastings to Carson City, la
( Hastings to Glencoe, Minn
"/ Glencoe to Ortonville, Minn
Hastings to Grand Island, Neb

Hastings, Minn. R. & R. Riv.
H'st'gs.Mason C'y,Linc.& E'n
Havana, Mason Cy.,L. & East.
Havana, Rantoul & Eastern . .
Hawley Branch
Hazleton

No road built by this Company

Consol'. in 1874.
Purchased in 1872.
Purchased in 1886.
Purch. in Oct,, 1886.*
Lease, 1686.
Purchased in 1868.
Purchased in 1888.
Purchased in 1888.
May 1, 1870.*
Purchased in 1885.*

No road built by this Company. . .

No road built by this Company
West Lebanon, Ind., to Leroy, 111.
Lackawaxen to Hawley ville, Pa
Hazleton to Penn Haven, Pa., & brs.
Clough Junction to Marysv'e, Mont.
Jefferson to Calvin, Mont

'74.43
15.61
22.37
12.50
30 00

N. Y.,L. E. & Western..
Lehigh Valley

Helena & Northern

No. Paci-fic of Montana. . .
No. Pacific of Montana

Helena. Boulder Vy. &Butte.
Hempfield

Wheeling, W. Va., to Wash'n, Pa. . .
Hempstead to Valley Stream, N. Y . .
Lorraine to Hungary Station, Va. . . .
No road built by this Company.

32.20
5.50
11.00

Wheeling, Pittsb. & Bait.
Long I&land
Abandoned

Hempstead & Rockaway
Henrico . ....

Hickman & Obion . .

Nashv., Chatta'ga & St L

Consol. in 1873.

Hicksville & Cold Spring
High Bridge

No road built by this Company. . .
j High Bridge to German Val., N. J.
j Branches
Hillsboro to Loveland, O
Knoxv., Tenn., to Ga. Line— graded.
No road built by this Company
No road built by this Company.

'14.21
8.56
37.00

Long Island.

j- Central of New Jersey.

Cin., Wash. & Baltimore
E. Tenn., Virginia & Ga..
Colb's, Hock. Val. & Tol.
Missouri, Kansas & Tex..
Pitts., Cin. &St. Louis...
Flint & Pere Marquette..
N. York, L.Erie & W'n..

I Fitchburg

Milford & Woonsocket. . .
Marq., Houghton & Ontg'a
Marq.,Hou<:hton & Ontg'a
New Brunswick & Canada
International & Gt. No. . .
Left out of MANUAL, 1889.
International & Great No.
Detroit, Lansing & No. . .
Boston cfe Albany
Boston & Albany
Chi.,St.P.,Minn.& Omaha
New York, Susq. &W'n.
N. Y. Cen. & Hud. River.
Sandusky, M'sf'd & Ne'k.
Sandusky, M'sf'd&Ne'k.
Brooklyn & Montauk
Sandusky, M'sf'd&Ne'k.

Ind'p's,Decatur & Sp'gf 'd
Wabash . . .

Consolidated in 1888.

December 9, 1882.
Reorg.asE.T.&G.,'48.
Purchased in 1881.*
Consol., April 7, 1870.
Consol., May 1. 1868.
Consol., June 4, 1872.
Leased, 1869.

Purch., June 1, 1887.

Purchased in 1884.
Consol. .April 16,1883.
Consol., Aug. 22, 1872.
Built by N.B. & C.
Consol., Sept. 22, 1873.

Hillsboro & Cincinnati
Hiwassee
Hockino- Coal & RR Co

Holden, Labette & Sedalia. . .
Holliday's Cove
Holly, Wayne & Monroe
Honesdale Branch

Hoosac Tunnel & Saratoga. . .
Hopkinton

No road completed by this Company
Holly to Monroe, Mich

65'.60
8.18
7 52

Hnwley to Honesdale, Pa
1 Ketchum's to Saratoga Jc., N Y

"l Schnylerv. Jc., to Schuylerv., N.Y.
Milford to Ashland, Mass

8.00
11.55

'io'.oo

8.00
160.00

Honghton & L'Anse
Houghton & Ontonagon
Houlton Branch . . .

No road built by this Company
L'Anse, Mich., to Summit

Debec Jc., N. B., to Houlton, Me. ...
Houston to Palestine, Tex., & br'ch.
Never built any road.

Houston & Great Northern. . .
Houston Belt of 1883

Houston Tap & Brazoria
Howell & Lansing
Hudson & Berkshire
Hudson & Boston

Houston to Columbia, Tex
No road built by this Company
Hudson, N. Y., to Mass. Line
Hudson, N. Y., to Mass. Line
Hudson to River Falls, Wis
West End, N. J., into Jersey City
New York to East Albany, N. Y. .
No road built by this Company
No road built by this Company.

50.00

31 '.50
31.50
12.50
4.00
144.40

Consol., Sept. 22, 1873.
Decemberl4, 1876.*
Consol., Dec. 28. 1870.
Consol., Dec. 28, 1870.
Consol., June 1, 1880.
Consol., June, 1881.
Consol., Nov. 1, 1869.
Consolidated in 1853.
Consol., Julv 25, 1856.
November 20, 1879.*
Consolidated in 1883.

April 26, 1875.*
Consol., July 29, 1889.
Reorg., June 6, 1859.
Purchased in 1879.
Perp. Lease, 1872.
September 30, 1886.*
Consol., July 29, 1889.
January 1,1875.*
Consol., April 7, 1880.

Hudson & River Falls
Hudson Connecting

Hudson River. •

Hudson River & Boston
Hudson & Oxford. .

Hunters Pt. & South Side
Huron & Oxford

Jc., N.Y.,& P.RR.to F'sh Pond,N.Y.
No road built by this Company.

1.52

Illinois & Indiana
Illinois & Southern Iowa
Illinois & Wisconsin
Illinois Farmers'

No road built by this Company
Clayton to Carthage, 111
Chicago, 111., to Gary

'29'.i6
38.50

'6-O8
173.13

Chicago & Northwestern .
Jacksonv. & Southeastern
Chicago, Burl. & Quincy.
Terre Haute & Peoria. . . .
Wabash
Ohio & Mississippi.

No road built, by this Company
Mendota to Fulton, HI

Illinois Grand Trunk.

Illinois Midland. . .
Illinois River.

Terre Haute, Ind., to Peoria, III
Pekin to Virgiuia, 111. .

Illinois Southeastern
Indiana

No road built by this Company
Michigan Line to Valparaiso, Ind. . .
Clarksville, Tenn., to Princton, Ky. .
No road built by this Company

"56." 00
52.74

Chicago & Grand Trunk .
Now the C.&P.Div.L.&N.
[ndpls., Decatur & Sp'gf 'd
[ndpls., Decatur & Sp'»f'd
Chicago & Indiana Coal. .
Chicago & West Michigan
Canada & St. Louis
Ohio, Ind. & Western. . .
Ohio, Ind. & Western

Indiana, Alabama & Texas. . .
Indiana & Illinois
Indiana & Illinois Central. . . .
Indiana Ry.

April 26, 1875.*
April 26, 1875.*
Consol., April 14,1886.
Consol., Oct. 1, 1881.
Consol., Nov. 17,1887.
March 28, 1887.*
March 28, 1887.*

Decatur, 111., to Montezuma, Ind
See Chicago & Great Southern
No road built by this Company. .

85.25

Indiana & Michigan
Indiana & Southwestern
Ind., Bloom. & WesUrn RR
Ind., Bloom, & Western Ry. .

No road built by this Company
Peoria 111 to Springfield O..

342*.66

202.28

Indianapolis, Ind., to Peoria, 111

* Acquired by purchase at. foreclosure or reorganized after foreclosure sale on date given.

RAILROADS MERGED IN OTHER LINES.

1187

LIST OF RAILROADS MERGED IN OTHER LINES— Continue/.

NAME OF OLD COMPANY.

TERMINI OF COMPLETED ROAD
AT THE TIME or ITS ACQUIREMENT.

; ^

5

NAME OF COMPANY

BY WHICH ACQUIRED, OR

TO WHOSE STATEMENT

REFERENCE SHOULD

BE MADE.

Indiana Central Indianapolis to Ohio Line 72.50 Chic., St, Louis APittsb. .

Indiana North & South : Attica to Veedersburg, Ind ; 15.00 Chicago & Indiana Coal . .

I J No road completed, unfinished > Ft.Wayne, Cin. & Louisv.

Indiana Southern \4 roadbe^ sold and acquired by f Ohio & Mississippi

Indianapolis & Belief ontaine.; Indianapolis, Ind., to Ohio Line. . . 85.15|Clev., Col., Cin. & Indpls.
Indianapolis & Cincinnati. . . Lawrenceburg to Indianapolis. Ind. . 89.75!Cin., Indpls., St.L.& Chic.

Indianapolis & Evansville. . . Washington to Evansville, Ind , 57.50 Evansville & Indianapolis

Indianapolis & Madison See Madison & Indianapolis Jeff., Mad. & Indpls

Indpls. & Ohio State Line. . . No road built by this Company Ohio, Ind. & Western

Indianapolis & Sandnsky . . . Celina, O., to Muncie. Ind | 53.50 Lake Erie & Western

Indpls., Bloomington & W'u. Indianapolis. Ind., to Peoria. Ill 202.28 Ohio, Ind. & Western

Indpls., Bloom. & West'n Ex. Champaign to Havana, 111.. and bran'h 131.54 Illinois Central

Indpls., Cin. & Lafayette . . . .Lawrenceburg to Lafayette. Ind. . . . 154.75JCin., Indpls., St.L.& Chic.

Indpls., Crawf'ville & Danv. . Indianapolis to Crawfordsviile, Ind. . , 40.00 Ohio. Ind. & Western

Indpls., Decatur & Springfi'd Indianapolis, Ind., to Decatur. 111. . . 153.51 Ind., Decatur & Western.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

January 10,1883.*
Consol., Apr. 14, 1886.

Indpls., Delphi & Chicago Rensselaer to Delphi, Ind 40.00 Louisv.,N.Albany & Chic

Indpls., La Porte & Mich. C'y La Porte to Michigan City, Ind '

Indpls., Peru & Chicago See Peru & Indianapolis

Indpls., Pittsburgh & ClevePd See Indianapolis & Bellefontaine.

13.00 Lake Erie & Western

Lake Erie & Western . . . .
Cleve., Col., Cin. & Indpls.

Indianola ~ Indianola, Tex.,to June.— abandoned; 13.80;Gu]f,Western Tex. & Pac.

International Hearne to Longview. Tex 180.00 International & Great No.

International (of Can.) Lennoxv.. Que., to Maine Boundary., 82. 00; Atlantic & Northwest

International of Maine Bound. Line to Mattawamkeag, Me. ! \ Atlantic & Northwest . . .

Interstate Rapid Transit In Kansas City, Mo

Ionia & Lansing .... No road built by this Company

Interstate Consol. R. T
Detroit, Lansing & No. . .

Beula'h June, to Elkader, la 19.70 Chic.'. Milw. & St. Paul.

Ionia, Stanton & Northern. . . No road built by this Company Detroit, Lansing «fe No. . .

Iowa City & Western la. C'y toWhat Cheer & M'tezuma.Ia. 73.02 Burl., Cedar Rapids_& No.

Iowa Eastern

Iowa Falls & Sioux City. . .

Iowa Midland

Iowa River

Iowa Southern

Iowa So. & Missouri No.

Iowa Southwestern

Iron Mountain

Iron Mountain & Helena

Iron Mountain & Helena. . .

Iron M't'n, Chester & Eastern Chester to Tamaroa, 111

Island Heights

Ithaca & Alma

Ithaca & Athens

Ithaca & Cortland

Ithaca &Owego

Ithaca & Tonawanda. . .

Jackson & Brandon

Jackson & Ohio

Jackson Branch

Jackson, Ft. Wayne & Cin. .
Jacksonv., Alton & St. Louis
Jacksonville <fc Savannah . .

Jack'nv'e, Pensacola & Mob

Jacksonville Southeastern . .

Jamestown Short. Line

Janesville, Rockford & Beloit No road built by this C

Jeffersonville

Jersey City & Albany

Jersey Shore. Pine C'k & Bnf .
Joliet, Rockford & Northern

Joplin

Junction

Junction

Junction

Junction & Breakwater

Junction Railway

Kaighn's Poiat Terminal

Kalamazoo & Schoolcraf t

Kalamazoo & White Pigeon..
Kunkakee & Indiana.

Kankakee & Southwestern. . .

Iowa Falls to Sioux City, la.
Lyons, la., to Anamosa Quarries. . . .

Ackley to Eldora. la

No road built by this Company

\ Wash'gt'n, la", to Leavenw'h. Kan.

'/ Junction to Atchison, Kan

\ Carroll to Kirkman, la

~i Manning to Audubon, la

Marquette. Mich., to Iron Mines

Helena to Forrest City, Ark

Uncompleted portion.

Island H'g's Jc. to Island H'g's, N.J.

Alma to Ithaca. Mich

Ithaca to Athens, Pa

Ithaca to Cortlandville, N. Y

Owego to Ithaca, N. Y

No road built by this Company

No road completed by this Company.

No road buik by this Company

Allenville to Jackson, Mo

No road built by this Company

No road built by this Company

No road built by this Company

I Lake City to Chattahoochee, Fla. .

't Monticello & St. Mark's Branches.
Jacksonville to Mt. Vernon, 111 .

No road built by J. S. L. Co '.!!.'

Company

» Jeffersonville to Edinburgh, Ind..

"i Jeffersonville to New Albany, Ind.
Weehawken,N.J.,toFt.M'tgtry.N.Y.
Stokesdale June., to Newb'y. Jc., Pa.
Sheridan to Paw Paw, 111

t Joplin. Mo., to Girard, Kan

'i Carbon Branch

Buffalo, N. Y., Niagara Riv. Bridge.
Hamilton, O-, to Indianapolis. Ind..

Cleveland to Sandu^ky, O

See ISaS MANUAL, pai:e 370

No road completed by this Company.

Consol., April, 1868.
•February 2, 1880.*
Consol., Jan. 1, 1886.
: Consol., April 30,1860.
March 28. 1887,*
i Con sol.. Jan. 1, 1880.
March 28, 1887.*
I September, 1686.*
j February 2, 1880.*
'March 28, 1887.*
jReorg., Dec. 21, 1887.
IConsol., July 10, 1881.
'Purch., Mar. 15, 1887.
Purch.. Mar. 15, 1887.
Consol., April, 1868.
Consol., Aug. 4, 1870.
Consol., Dec., 1872.
I Purch., Nov. 2, 1886.
Purch., Nov. 2, 1886.
Consol .Mar. 22, 1887.
December 14, 1876.*
(December 14, 1876.*
: Purchased in 1878.
(Purchased in 1882.
Consolidated in 1888.
! Consolidated in 1884.
Sp.£Nov.'87&Mr.'88*
August 19, 1886.*

Consol., Jane 4, 1880.
Coneol. in 1884-85.

Consol.. Sept. 2. 1872.
Purch., Oct., 1882.
Purch.. in Mar., 1882.
February 28, 1878.
Consol., June 19, 1886.
Consol., Oct. 26, 1886.
Reorg., Oct. 2, 1876.
March 7, 1884.*
Reorg., April 13, 1843.
Reorg., Oct. 2, 1876.

Reorg., Jan. 28, 1867.
Consol., Feb. 12, 1886.
Consol. in 1884.
Consol., April 6, 1869.
j Consol., April 14, 1884.
iFran. Acq. about 1860.

j Reorganized in 1888.

| See General Index...
• Consol., Sept. 27, 1886.
iBuilt by C.,M. &St.P.

Consol., April 30,1866.

November 24, 1885.*
iName changed in '84.
|BuiltbyC.%. & Q.

| Consol. in 1882.

Consol. in 1879.
November 26, 1872.*
Consol. in 1869.
'Consol.. June 1, 1883.
Cons..!., July 19.1872.

In Camden. N. J. 1.00 Atlantic City jConsol.. Mar. 26, 1889.

Kalamazoo to Schoolcraft, Mich. . . . 13.00 Kalamazoo & W. Pigeon. ' Consol., Sept. 24,1869.

Kalamazoo to White Pigeon, Mich.. 36.57 Lake Shore & Mich. So.. See General Index

No road built by this Company I Cin.. Lafayette & Chic. .. Consol., April 19,1869.

' Otto to Normal Junction, 111 79.46 )

Buckingham to Tracy, 111 10.00 '*• Illinois Central j Built by 111. Central.

( Kempton to Kankakee June., 111. . 41.80 )

31.41

183.69 Dubuque & Sioux City,Ia.

70.97 Chicago & Northwestern.

18.00 Iowa Central

Keokuk & Western

171.00 > Chicago, Rock Island &

29.00 \ Pacific

JJ-gJ [-Chic. & Northwestern..

17\80 Marq., Bought. & Out. . . .
43.00 St. Louis, Iron Mtn. & So.

Kansas City & Southern.

40.70 Wabash, Chester & W'n. .

1.16 Philadelphia & Long Bra.

7.50 Tel., AnnArbor & N.Mich.

35.63 Geneva, Ithaca & Sayre. .

22.00 Elmira. Cortland & No'n.

Cayuga & Susquehanna. .

Geneva, Ithaca & Sayre. .

Yicksburgh & Meridian..
Cin., Jackson & Mack. . .
16.30 St. Louis, Iron Mtn. & So.
Fort Wayne & Jackson . .

Chicago '& Alton

Chic., Burl. & Quincy

Fla. Cent. & Penin

134^30 Jacksonv., St.L.& Louisv.

Chautauqua Lake

Chic.,Mflw., &St. Paul..

1'JJ! [-Jefferson. Mad. & Ind..

33! 00- West Shore

74.80 Pine Creek

19. 58 Chic.. Burl. & Quincy....

3g'^l [-St. Louis & San Fran . . .

7 '.67 N. Y. Cent. &Hud. River.

98.20 Cin., Hamilton & Indpls..

66. LO Lake Shore & Mich. So. . .

jDelaware, Md. & Ya

Toledo, Can. So. & Detr'i t

* Acquired by purchase at foreclosure or recognized after foreclosure sale on date given.

1188

RAILROADS MERGED IN OTHER LINES.

LIST OF RAILROADS MERGED IN OTHER LINES— Continued.

NAME op OLD COMPANY.

TERMINI op COMPLETED ROAD
AT THE TIME OP ITS ACQUIREMENT.

LENGTH IN
MILES.

NAME OP COMPANY
BY WHICH ACQUIRED, OR
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

Kankakee & Western
Kansas & Colorado (Col.)
Kansas & Colorado (Kan.) . . .
Kansas & Gulf Short Line
Kansas & Missouri

Kempton Jc. to Kankakee Jc., 111. . .
Kansas State Line to Granada, Col. .
oreneseo to Ness County Line, Kan . .
Tyler to Luf kin, Tex

41.80
12.00
82.00
90.00
26.18
114.00

'ss'.oo

43. UO
56.42
14.10
32.00
46.00
84.27
159.92
182.30
100.37
28.66
49.79
22.76
4.78
143.33
31.77
143.33
31.77
148.82
18.85

281 ! 94
50.00

Illinois Central
Atch., Top. & Santa Fe . .
Missouri Pacific

Built by 111. Cent.
Purch. in Jan., 1880.
Built by Mo. Pac.
Purchased in 1887.
Consol., April 23.1888.
Coneol., June, 1885.
Consol., April 23,1888.
Consol.. June 10, 1880.
Purch. about 1866.
Coneol., Aug. 11, 1880.
Consol,, April 16,1885.
Consol., July 16. 1883.
Consol., July 16, 1883.
Consol., July 16, 1883.
Built by Atchison.
Consol., April 23,1888.

Consol., April 23, 1SS*.

Consol., July 16, 1883.

Consol., July 16, 1883.

Consol., Jnne 10, 1880.
Consol., April 23, 18S8.
Seel887MANUAL,p.734
Consol., Mar. 22, 1887.
Seel887MANUAL,p.734
Built by Mo. Pac.
Consol., Jan. 24, 1880.
Consol., April 16,1885.
Built by Mo. Pac.
Con-ol., Sept. 25, 1883.

Consol., Feb. 26, 1873.

Consol. in 1864.
Consol. in 1864.
Consol. in 1864.
Consol. in 1864.
Consol. in 1883.
Consol.. July 29, 1889.
Built by C. B. & Q.
October 17, 1873.*

Consoi.in'iHSO.'"
Consol., April 3, 1874.

St. Louis, Ark. & Texas. .
Kan. C'y,Ft. Scott & Mem.
St. Joseph & Grand Isl'd.
Kan. C'y, Ft. Scott &Mem.
Kansas City & Southern. .
Hannibal & St. Joseph . . .
Missouri Pacifie
Southern Kansas

Coalvale to Weir City June., Kan. . .
Marysville, Kan., to Hastings, Neb. .
No road completed by this Company
No road built by this Company
Cameron to Kansas City, Mo

Kansas & Nebraska

Kansas & Neosho Valley
Kansas City & Bates County.
Kansas City & Cameron
Kansas City & Eastern
Kansas City & Emporia
Kansas City & Olathe

Kansas City to Lexington, Mo
Ottawa to Emporia, Kan. . .

Olathe to Halhday, Kan

Southern Kansas

Kansas City & Santa Fe.

Ottawa to Olathe Kan

Sonthern Kansas
Southern Kansas

Kansas C'y, B'gt'n & Santa Fe
Kan Cy., Emporia & Southern
Kail. City, Ft. Scott & Gulf. . .

Kansas City, Fort Scott &
Sprinfleld

Ottawa to Burlington, Kan
Emporia to Moline, Kan

Atch., Top. & Santa Fe. .
Kan.C'y,Ft,Scott & Mem.

]

Kansas City, Ft. Scott
& Memphis

J
Southern Kansas

V Southern Kansas

Kansas City, Mo., to Baxter Sp., Kan.
f Kansas City to Webb City, Mo
Main Line, Kan. to Springf'd, Mo.
J Arcadia to Weir City June., Kan. .
) Weir City to Cherry vale, Kan
1 Miami, Kan., to Carbon Centre,Mo.
( Rich Hill, Mo., to Coal Mines
t Lawrence to Coffe.vville, Kan
'( Ottawa Junction to Olathe, Kan.. .
f Lawrence to Coffeyville, Kan..

Kansas City, Lawrence &
Southern

Kansas City, Lawrence & So.

I Ottawa Junction to Olathe, Kan...
J Cherry vale to Harper, Kan
[Wellington to Hunnewell, Kan.. .
No road built by this Company
Springfield, Mo., to Memphis, Tenn.
Kansas City, Mo., to Topeka, Kan..
No road built

Kan. City, Memphis & Mobile
Kan. City, Sp'grd & Memphis
Kan. City, Topeka & Western
Kan. C'y,Wyand'e Ry. & Tun.
Kansas Midland .

Kansas City & Southern. .
Kan. C"y.Ft. Scott & Mem
Atchison, Topeka & S. Fe
Interstate Con sol. Rap. T.
Atchison, Topeka & S. Fe
Missouri Pacific
Union Pacific
Southern Kansas

De Soto, Kan., to Kansas City, Mo. .
Fort Scott to Topeka, Kan
See MANUAL for 1880, page 947
Chanute, Kan ., to Girard
Iiika Junction to luka, Kan

25.00
130.00

'39i93
20.00
17.00
63.00
9.00

'ti'.ib

Kansas, Nebraska & Dakota. .
Kansas Pacific
Kansas Southern
Kansas Southwestern

Missouri Pacific

Karns City & Butler

Karns City to Butler, Pa

Pittsburgh & Western
Maine Central

Kennebec & Portland

\ Portland to Augusta, Me

Kenosha & Beloit . . .

No road built by this Company
Kenosha, Wis,, to Rockford, 111
No road built by this Company

Chicago & Northwestern .
Chicago & Northwestern.
Chicago & Northwestern .
Chicago & Northwestern .
Bait, & Delaware Bay. . .
Wabash

Kenosha & Rockford
Kenosha & State Line
Kenosha, Rockf 'd & Rock Is.
Kent County

Kenosha, Wis., to Rockford, 111
Massey's Jc. to Chestertown, Md —
Salisbury to Gla&gow, Mo
KeokuK to Burlington, la
No road built by this Company

72.10
21.00
15.00
42.75

Keokuk & Kansas City
Keokuk & St. Paul
Keokuk, Ft. Des M. & Minn.
Keokuk, Iowa City & Minn..
Keosauqua & Southwestern . .
Kings Mountain .

Chi -ago, Burl. & Q.uincy.
See DesMoines Valley...
Keokuk & Northwestern.
Chicago, R. I. & Pacific..
Chester & Lenoir
Abandoned in 1880

No road built by this Company
Mt. Zion to Keosauqua, la
Chesterville to Yorkville, S. C
B'klyn, N.Y., to Jc. N.Y.B.R.&J.Ry.
Knoxville to Maryville, Tenn

"i',50
22.00
3.25
16.82
39.19

Kings County Central
Knoxville & Charleston
Knoxville & Kentucky

Knoxville & Augusta
Knoxville & Ohio
Tol., St. Louis & Kan. Cy.

May 1,1879.*
October, 1871.*
Consol., June 12, 1886.

Consol. in 1870.
Consol., June 19, 1873.
Consol., Dec. 10,1853.
Operated by Mo. Pac.

Knoxville to Carey yille, Tenn
No road built by this Company

Kokorno & Marion,

Labette & Sedalia

No road built by this Company
Scran ton to Northumberland, Pa
Scranton to Great Bend, Pa

'soloo

63 00

Missouri, Kan. & Texas..
Dela., Lack. & Western. .
Dela., Lack. & Western. .

Lackawanna & Bloomsburg..
Lackawanna & Western

Laclede & Creve Coeur Lake..
Lac La Belle & Calumet
La Crosse & Milwaukee

Laclede Jun. to Creve Coeur Lake,Mo.
Lac La Belle to Delaware Mine, Mich.
Milwaukee to La Crosse, Wis
See MANUAL for 1885, pa^e 658

12.00
7.63
196.00

Missouri Pacific
Abandoned in 1888

Chicago, Mil. & St. Paul.
Chicago & Northwestern.
Cinn., Ind., St. L. & Chic.
Lake Erie & Western
Lake Erie <fe Western
Memphis & Charleston. . .

j- Lake Erie & Western. .

Lake Erie & Western
Lake Erie & Western
Lake Erie, Alliance & So.
Louisv., Evansv. & St. L.
Wabash

Consol., Feb., 1874.
Consol. 1885-1887.
February 2, 1880.*
Consol., Jan. 1, 1880.
Consol., Jan. 1, 1880.
Purchased in 1850.

Consol., Jan. 1, 1880.

Consol., May 1,1885,
Consol., Jan. 1, 1880.
December, 1886.*
Consol., Oct. 5, 188J.
Consol., July 29, 1W9.
Consolidation in 18^8.
September 29, 1881.*
September 22, 1874.*
Consol., Dec. 31, 1886.

La Cr., Trempeleau & Presc't
Lafayette & Indianapolis
Laf. Bloomington & Miss
Laf. Muncie & Bloom
LaGrange & Memphis

Lake Erie & Louisville

Lake Erie & Mississippi
Lake Erie & Pacific

Lafayette to Indianapolis, Ind

65.00

Ind. Line to Bloomington, 111
Muncie, Ind., to Illinois Line

81.00
120.00

'98 '.50
9.20

No road built by this Company
j Fremont to Minster, O
j St. Mary's to Celina, O

No road built by this Company
No road built by this Company

L. E., Alliance & Wheeling..
L. E., Evansv. & Southw. . . .
L E Wabash & St L

Alliance to Phalanx, O ....

25.00
17.50
166.00
5.03

'61! 30
34.10

Evansville to Booneville, Jnd
Ind.-Ohio Line to Illinois Lino
Hopatcong Jc. to L. Hopatcong, N. J.
No road built by this Company
Oswe^o to Ontario N Y

Lake Hopatcong
Lake Ontario & Hudson Riv.
Lake Ontario Shore

Central of New Jersey —
Adirondack

Rome,Watert. & Ogdensb.
Elmira & Lake Ontario. . .

Lake Ontario Southern

Sodus Point to Stanley, N. Y

Acquired by purchase at foreclosure or reorganized after foreclosure sale on date givrn.

RAILROADS MERGED IX OTHER LINES.

1189

LIST OF RAILROADS MERGED IN OTHER LINES— C'onfi rv/«d.

NAME OP OLD COMPANY.

TERMINI OP COMPLETED ROAD
AT THE TIME OP IT? ACQUIREMENT.

NAME OP COMPANY

BV WHICH ACQUIRED, OR

TO WHOSE STATEMENT

REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

Lake Shore Erie, Pa., to Cleveland. O

Lake Shore of West. Mich |No road built by this Company

Lake Shore & Tuscarawas i Black River to Uhrichville, O

Lake Superior & Miss St. Paul to Duluth. Minn

Lake Sup., Will mar & Dak. . . No road built by this Company

Lake View & Collamer Cleveland to Euclid, O

Lamoille Valley No road built by this Company

Lamoille Valley Extension. . . ;Rouse's Point. X. Y.. to Maqtiam, Vt.

Lancaster Lancaster to Hudson. Mass

Lancaster & Sterling No rood built by this Company

Lansing, Alma. Mt. PI. & No. St. Louis to Mt. Pleasant, Mich

Lansing & Jackson \ No road built by this Company

La Porte & Lake Michigan. . . iNo road built by this Company

T oa h Lawrence Jc.. Pa., to Youngst'n. O.

lce i } Canfield Jc., O.. to Foster C"l Mines

. Lewrence to Carbondale, Kan

. Lawrence to Carbon Hill, Kan

.Lawrence to Coffeyville, Kan

. (Lawrence to Topeka, Kan

..See St. Louis, Lawrence & Western

. Lawrence to Carbondale, Kan

. SeeL. & U. M., below

iLawrenceburg to Shelby ville, Ind. .

95.53 Lake Shore & Mich. So.. Consol. in 1869.

(Chicago & West Mich .... 'Consol., Oct. 1. 1881.

100.3?'Clev., Lorain & Wheeling'February 5, 1883.*
155.00;St. Paul & Duluth May 1, 1877.*

St. Paul. Minn. & Man. .. 'B't by" Manitoba" Co.

10.70 New York, Chic. & St. L.jPurchased in 1882.

(St. Johnsb. & L. Champl.

12.00J Operation suspended

8. 40 Operation suspended

Fitchburg...

Reorg., Julyl, 1880.

Consol. in 1846.

20.40 Tol., A. A. & No. Mich.. . Consol., Oct. 26, 1886.
Jacks., Lans. & S:;g ...... IReorg., Feb. 24, 1865.

Lake Erie & Western ____ iPurch., Mar. 15, 1887.

Lawrence & Carbondale.. .

Lawrence & Emporia

Lawrence & Galveston

Lawrence & Topeka

Lawrence & Southw'n (1st)
Lawrence & Southwestern.

Lawrenceb. & Miss

Lawrenceb. & L'pper Miss .

Lawrenceyille & Evergreen. . . i Bennett to Evergreen, P"a. ......

Leavenworth, Atch. & N'w'n., Leavenworth to Atchison, Kan

Leavenworth, Law. & Ft. Gib. [No road built by this Company

Leavenworth, Law. & Galv. . (Lawrence to Coffeyville, Kan

Leavenworth, No. & South'n.; Wilder to Cummings June.. Kan

Leav., Pawnee & Western. . . . ,No road built by this Company

Lebanon & Pine Grove iLebanon. Pa., to Pine Gr. & L. RR. . .

Lebanon & Tremont \ Brookside to Lebanon. Pa

Lebanon Springs iChatham FourC'n's, N.Y.,to Vt.Line

17.98
4.06

r PAshbtabTilamg8tOWn. &lco11801-' A»S- L 18^
33.00 Lawrence & Emporia " '. '. ". !Reorg., July 19, 1881.
Sl.OOlLawr'ce, Emporia & S. W. Leased in 1888.

143.33 Southern Kansas JConsol., July 16, 1883.

26.00 Atch.. Topeka & Santa Fe 1887 MANUAL, p. 734.

Lebanon "S alley

Leeds & Farmmgton

Leesburg & Indian River.
Lehigh & Mahanoy

Lehigh Luzerne .

Leon, Mt. Ayr. <fe Southw.

Reading; to Harrisburg. Pa .

Leeds Jc. to Farmington, Me

No road built by this Company

Black Creek Jc. to Mt. Carmel, Pa.
t Hazleton RR. to Milnesville, Pa..

'< Branches and Spurs

See MANUAL for 1888, page 382

Levis & Kennebec Levis to St. Joseph, Que

Lewisb. Centre & Spruce Cr'k Montandon to Spring Mills, Pa

Lewiston JLewiston to Yates City, 111

Lewiston 'Niagara Falls to Lewiston. N. Y. . .

Lewy's Island Baring to Princeton, Me

Lexington & Arlington j Lexington to Arlington, Mass. .

Lexington & Big Sandy ' '

Lexington & Big Sandy i^E.D.)

Lexington & Danville

Lexington & Frankfort Frankfort to Lexington, Ky. .".

31.00 Lawrence & Emporia Reorg., July 19, 1881.

Cinn.. Ind., St. L. & Chic. February 2, 1880.*

63.20 Cinn., Ind., St. L. & Chic. February 2, 1880.*
2.61 Evergreen Purch.. April 1, 1880.

31 .50 Missouri Pacific Consol., Aug. 11, 1880.

Southern Kansas Consol., July 16, 1883.

143.33 Southern Kansas Consol.. July 16, 1883.

46.19 Atch., Topeka & Santa Fe Built by •' Atchison."
Union Pacific Consol., Jan. 24, 1880.

16.70 Phila. & Reading Consol., May 8, 1871.

42.20 Phila. & Reading Consol., May 8, 1871.

58.00 N. Y., Rutland £ Mont. . . 'June 12, 1885.*

54.00 Phila. & Reading ;Consol. in 1858.

36.30 Maine Central Consol., Feb. 26, 1873.

Lexington & St. Louis
Lexington & Southern .
Lexington & So. Kentucky.. .

Ashland to Rush. Ky

Ashland to Rush, Ky

Lexington to Nicholasville, Ky

Lexington to Sedalia. Mo.
Harrisonville to Butler. Mo.
Lexington to Nicholasville. Ky

Liberty & Vienna

Liggitfa Gap.
Lincoln & Col

Colorado

Lincoln & Northwestern

Little Riv. Valley & Ark

Little Rock & Helena

Little Rock, Miss. Riv. & Tex.

Little Rock, Pine Bl'f & N.O.

Little Schuylkill&Susq. .
Live Oak & Rowland's Bluff.
Live Oak,Tampa & Charl.Har.

Lockport & Niagara Falls

Logansport & Pacific

Lexington & West Cambridge West Cambridge to Lexington^ Mass.

j Yonngstown to Gerard, O

1 Liberty to Vienna., O

No road built by this Company

Plainville to Colby, Kan

Lincoln to Columbus, Neb

New Madrid to Maiden, Mo . . . . '. '. '. '.'.

No road built by this Company. . .

( Little Rock to Arkansas City. Ark.

I Tripp to Warren, Ark

i Chicot to Varuer. Ark. . . .

42.62
8.93
8.13

No road built by this Company. .

Live Oak to New Brant ford, Pa

No road built by this Company

Lockport, N. Y". to Niagara Falls, . .

.No road built by this Company

Logansp., Crawfordsv. i S.W Rockville to Logansport, Ind

Logansp., Peoria & Bur! See General Index for gW°

Loma Prieta Aptos to Monte Vista. Cal

London. South Park & Leadv.lLondon June, to London Hill, Col..

Long Beach jThenard to Long Beach, Cal. .

Long Beach Marine L. Beach Hotel to Lookout. L.I.

L. B.. Whittier & Los A. Co. ,Studebaker to Whittier, Cal

Long Br. & Barnegat Bay iPoint Pleasant to Bay Head. N. J. . .

Long Branch & Sea Girt :Ocean Beach to Sea Girt. N. J. . .

Fla. Cent. & Peninsular..
Lehigh Valley..

|- Lehigh Valley

Chicago, Burl. & Quincy.

Reorganized in 1888.
Purch., June, 1866.

Purch , June, 1868.
Built by C. B. & Q.

45.00 Quebec Central ". . Purch. March, 1881.

43.42 Lewisburg & Tyrone iReorg., Dec. 31, 1879.

go, Burl. & Quincy. Built in 1862.

6.25 N. Y. Cent. & Hud. Riv. . iConsol., Nov. 1, 1869.
16.50 St. Croix & Penobscot. . . iPurchased in 1870.

6.63 Boston & Lowell Purchased in 1870.

14.00 Ashland Coal & Iron Reorg., Oct. 1, 1880.

14.00 Ashland Coal & Iron Reors., Oct. 1, 1880.

13.00 Cincinnati Southern Purchased in 1875.

29.00 Louisville & Nashville. . . Purch., Nov. 1, 1881.

55.25 Missouri Pacific Consol., Aug. 11. 1880.

28.00 Missouri Pacific Consol., Aug. 11, 1880.

13.00 Cincinnati Southern Purchased in 1875.

6.63 Boston & Lowell (Purchased in 1870.

5. 50 Pitts., Youngst.. & Ash.. 'Consol., Aug. 1. 1877.

6.00 Cleve. & Mahoning Val.. Consol., Aug., 1872.

Del., Lack. & Western. . . Consol.. Dec. 10, 1853.

95.52 U. P., Lincoln & Colorado Consolidation, 1888.
73.08 Chicago, Burl. & Quincy. Cousol., Jan. 1, 1880.
27. 10 St. Louis. Ark. & Tex. .. .See '88 MANUAL, p.813
Arkansas Midland June 9, 1877.*

113.00
49.00 i
57.05 Abandoned

'- St. Louis. IronMtn.&So. January 28, 1887.*
and line re located in 1871!

i Varner to Pine Bluff i 31 .05 St. Louis, Iron Mtn. & So. 'January 28, 1887.*

Catawissa Reorganized in 1860.

23.33 Sav., Fla. & Western Consol., Mar. 7, 1884.

Sav., Fla. & Western JConsol., Mar. 7, 1884.

23.00 N. Y. Central & Hud. Riv. Consol., Nov. 1, 1869.

Chic., St. Louis & Pitts. . I January 10, 1883.*

92.50 Terra Haute & Logansp. .
Chic.. St. Louis & Pitts ..

5.00 Southern Pacific

7.50iSo.Park & Leadv. Short L.

September 10. 1879.*
January 10, 1883.*
Consol., May 4, 1888.
Purchased in 1885.

5.90jSouthera Pacific jConsol., May 4, 1888.

4.00 N. Y. & Long Beach i Consol. early in 1886.

5.90jSouthern Pacific iConsol.. May 4, 1888.

1 .OO|N. Y. & Long Branch .... ; Consol., Dec. 21, 1881.
.3.41 N. Y. & Long Branch .... iConsol., Dec. 21, 1881.

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

1190

RAILROADS MERGED IN OTHER LINES.

LIST OF RAILROADS MERGED IN OTHER LINES -Continued.

NAME OP OLD COMPANY.

TERMINI op COMPLETED ROAD

AT THE TIME OF ITS ACQUIREMENT.

1|

NAME op COMPANY
BY WHICH ACQUIRED, OR WHEN AND HOW
TO WHOSE STATEMENT ACQUIRED BY EXIST
REFERENCE SHOULD IN« COMPANY.

BE MADE.

Long Branch & Sea Shore
Long Island City & Flushing.

L. I. City & Man. Beach
Longview & Sabine Valley. . .
Lorberry Creek

Sandy Hook to Long Branch, N. J
J Long Id. Cy. to Great Neck, N. Y.
1 Brans, to Woodside & Whitestone.
Fre-h P'd Jc. to Cooper Av., L.I. C'y
Longview June, to Camden, Tex
Swatara to Lorberry Mines, Pa
Santa Monica to Los Angeles, Cal.. .
Florence to Santa Ana, Cal

9.00

14.28
8.82
1.46
11.00
12.40
16.83
27.82
13.40

'se'.oo

65.00
68.00
110.10
67.00

ii'.oo

45.00
27.75
185.70
45.40
26.12
12.35

Central of New Jersey
>• Long Island

Consolidated in 18ss.
|Consol., April, 1889.

jConsol., Aug. 27, 1885.
iMay 8, 1888.*
Consol., May 8, 1871.
Consol., May 4, 1888.
i Con sol., May 4, 1888.
Consol. in June, 1884.
iConsol., Dec. 18, 1874.
Consolidated in 1868.
Purch., Nov. 1, 1881.
[Consol., Dec. 19, 1843.
! Purch., Nov. 1, 1881.
Purch., Nov. 1,1881.
N'me ch'g'dApr.28/84
Purchased in 1879.*
Consol., Oct. 5. 1881.
Consol., Oct. 5, 1881.
Consol., Jan. 26, 1882.
Purch. Jan. 19,1877.
Consol., April, 1886.
Consol., June 18,1879.
Consolidated in 1838.
December 20, 1880.*

N. Y.,Bklyn&Man.Bch.
Tex., Sab. Val. & North
Philadelphia & Reading. .
Southern Pacific

Los Angeles & Independence.
Los Angeles & San Diego . . .
Los Angeles & San. Gab. Val.
Los Angeles & San Pedro
Louisa

Southern Pacific
California Central
Southern Pacific.

Los Angeles to Lamanda Park, Cal. .
No road built by this Company
Hanover Court House to Louisa, Va.
Louisville to Frankfort, Ky. . . .
Branchville to Columbia, S. C
Louisville to Newport, Ky
La Grange to Lexington, Ky

Chesapeake & Ohio . .
Louisv. & Nashville
So. Car.— Columbia Br. ..

j- Louisv. & Nashville

Louisville Southern
Louisv. & Nashville
Louisv., Evansv. & St. L.
Louisv., Evansv. & St. L.
Ches., Ohio & Southwrn..
Louisv & Nashville

Louisville & Frankfort

Louisv., Cinn. & Chariest....
Louisv., Cinn. & Lex -j

Louisv. Harrodsbg. & Va
Louisv. Harrod's Cr. & WTestp.
Louisv. N. A. & St. Louis. . .
Louisv. N. A. & St. L. A. L. .
Louisv. Paducah&S.W
Cecilian Branch

No road built by this Company
Louisville to Prospect, Ky

Ingleton, Ind., to Albion, 111

Princeton, Ind., to Albion, 111

Elizabethtown to Paducah, Ky.

Cecilia to Louisville, Ky

Lowell & Framingham. .

Lowell to Framingham, Mass
Lowell to Lawrence, Mass . . .
Lowell, Mass., to N. H. Line .

Old Colony
Boston & Lowell
Nashua & Lowell
Virginia Midland

Lowell & Lawrence

Lowell & Nashua
Lynchburg & Danville

McCauley's Mountain . .

No road built by this Company

McCauley's Mtn.to CatawissaRR.Pa.
McCauley's Mtn., Pa., to Cataw. RR.
McComb to Deshler, O.
See 1888 MANUAL page 391

5.25
5.25
8.90

Abandoned about 1868

McCauley's Mtn. & Bl. Creek.
McComb, Deshler & Toledo. .
McGregor & Mo. Riv

Abandoned about 1868. .

Col.,F'd'y&No.(C.H.&D.)
C.,M.&St.P.— la.&D.Div.

C.'X&St.'p.'— &.&M.D?o.
Whitneyville & Machiasp.
Duluth, So. Sh. & Atlantic
Georgia RR

j- East Tenn., Va. & Ga. .
Central of Georgia

Name changed in '87.
Consol., Feb. 14,1874.
Consol., Feb. 14, 1874.
Consol., Feb. 14, 1874.
Name changed 1872.
October 20, 1886.*
Purch., March 2. 1880.

Purchased in 1880.

Consolidated in 1872.
Consol. in March 1871.
Consol., April 30, 1866.
Consol., Feb. 14, 1874.
Consol., Feb. 14, 1874.
Consol., Feb. 14, 1874.
Consol., Feb. 14, 1874.
Acquired franchise.
November 18, 1880.*

Name changed in '(•£.

McGregor & Sioux City

See 1888 MANUAL, page 391
McGregor to Calmar,Ia

'42.'66
7.50
150.90
78.00
187.00
10.00
102.50
47 60
86.00

McGregor Western
Machiasport

Whitney ville to Machiasport, Me
Marquette to Point St. Ignace, Mich.
Camac to Macon Ga

Mackinac & Marquette
Macon & Augusta

Macon & Brunswick . . ,...-!
Macon & Western

Macon to Brunswick, Ga

Cochran to Hawkinsville, Ga
Macon to Atlanta Ga.

Madison & Beloit

Beloit to Madison, Wis
Madison to Indianapolis, Ind
See 1888 MANUAL, page 388
See 1888 MANUAL, page 388
See 188S MANUAL, page 388
See 1888 MANUAL, page 388
No road built by this Company
No road built by this Company. .

Chicago & Northwestern.
Jefferson, Mad. & Ind
Chic., Mil. & St. Paul...
Chic., Mil. & St. Paul....
Chic., Mil. & St. Paul...
Chic., Mil. & St. Paul ...
Louisville & Nashville . . .
Southeast. & St. Louis . . .

j-Cinn., Sand. &Clev....
Abandoned in 1855
j- Philadelphia & Reading

\- Philadelphia & Reading

Philadelphia & Reading. .
Boston & Maine

J- Virginia Midland

N. Y. & New England . .
Omaha & Rep. Valley ....
Flint & Pen- Marquette. .
Wisconsin Central
Old Colony

Madison & Indianapolis

Madison & LaCrosse

Madison & Portage.

Madison & Prairie du Chien .
Mad., F. du Lac & Mich
Madisonville & Shawneetown
Madisonv. & Shawneet. Str.L.

Mad. River & Lake Erie
Mahanoy & Broad Mtn

1 Dayton to Sandusky, O., via Clyde
•< Carey to Findlay O

154.00
15.51
40.00
12.74
26.65
44.82
34.94
6.85

'82! 66
1.00

f Tiffin to Sandusky, O., viaBellevue
i Mill Creek June, to Locustdale, Pa.
"i Branches — eight in number
j Mill Cr'k Jc. to Port Trevorton, Pa.
| Branches and Spurs — 11 in number
Locustdale to Franklin Colliery, Pa.
N H Line to South Berwick, Me

Consol., Mar. 25, 1871.

Consol., Mar. 25, 1871.

Consol., Mar. 25,1871.
Cousol., Jan. 1, 1842. .

December 20, 1880.*

Reorganization, 1873.
Consol. in 1887.
Consol., Jan. 31. 1889.
Consol., July 1, 1871.

Mahanoy & Shamokin

Mahanoy Valley
Maine, N. H. & Mass

\Ianassas Gap •!

Manassas June, to Mt. Jackson, Va.
Junction to Front Royal, Va
No road built by this Company

Manchester

Manhattan & Blue Valley. . .

Manistee

Manhattan to Marysville, Kan
F & P M June to Manistee Mich

54.95
26.53

2l! 25
38.75
54.00
36.92
11.50
1.50
60.15
70.87

3o!66

98 00
34.00
98.00
8.00
14.00

i4!66

Manitowoc & Miss
Mansfield & Framingham. . .
Mansfield & New Haven
Mansfield & Sand. City
Mansf., Coldwater & L. Mich
Mans!8., Coldwater & L. Mich.
Manufacturers

^o road built by this Company
Mansfield to Framingham, Mass. . . .
Mansfield to Monroeville, O
Mansfield to Sandusky, O
Toledo Junction to Tiffin, O
Allegan to Monteith, Mich
Brills to Passaic River, N. J
J Maple River June, to Mapleton, la.
1 Wall Lake to Kingsley, la
See 1888 MANUAL, page 415, for J^gr"
Moore's June, to Main Line June., O.
Marietta to Canal Dover, O
Moore June, to Federal, O
Marietta to Canal Dover, O
Ignacio to Sear's Point, Cal
Marion Junction to Marion, Ala. . . .
No road built by this Company
Marion to Marion June., Ala

Sand., Mansf. & Newark.
Sand., Mansf. & Newark.
Northwestern Ohio
Cinn., Jackson & Mack . .
Central of New Jersey —

\ Chic. & Northwestern. .

Cin., Wash. & Baltimore.
Mar., Columbus & Nor. . .
Cleveland & Marietta
Mar., Columbus & Nor. . .
Cleveland & Marietta . .
San Francisco & No. Pac.
Cin., Selma & Mobile
Cin., Selma & Mobile
Cinn., Selma & Mobile. . .

Consolidated in 1853.
Consolidated in 1853.
Purchased in ls?T.
Purchased in 1887.
Consolidated 1 1

Purch., June 5. 1884.

December 9, 1882.*
Reorg., Nov. 19
June 13, 1877.*
Reorg., Nov. •
June 13, 1877.*
Consol. in Mai
Reorg.. Dec. 1 .
1,'co;-- . Dec. . -
Reorg., Dec. 12,

Maple River

Marietta & Cincinnati .

Marietta & Cin. (old line)
Marietta & Pittsburgh ....

Marietta Mineral

Mar., Pittsb. & Cleveland
Marin & Napa.

Marion
Marion & Alabama River
Marion & Cahaba

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

RAILROADS MERGED IN OTHEU LINES.

1191

LIST OF RAILROADS MERGED IN OTHER LINES- Continued.

NAME OF OLD COMPANY.

TERMINI OF COMPLETED ROAD
AT THE TIME OF ITS ACQUIREMENT.

NAME OF COMPANY
BY WHICH ACQUIRED, OR WHEN AND HOW
TO WHOSE STATEMENT ACQUIRED BY EXIST-
HKFEREXCE SHOULD ; ING COMPANY.

BE MADE.

Marion & McPherson Florence to Lyons, Kan

Marion & McPherson Ext.
Marion & Missinewa Valley.

Marion & Ottawa

Marlborough Branch

Marquette & Ontonagon

Marquette & State Line

Marshall, Paris & N. W

Martinsbnrg & Potomac

Martin? ville & Franklin

Maryland & Delaware

Maryland Mining

Marvsville

Lyons to Ellenwood, Kan.

No road built by this Company

No road built by this Company. ....

Marlboro' to Felton ville, Mass

I-hpeming. Mich., to Iron Mines, etc.

No road built by tbJs Company

Marshall to Starrs, Tex

Potomac River to Martinsb'g,W.Va.

Marysville & Blue Valley

Clayton. Del., to Oxford. Md

Junction to Eckhart, Md

No road built by this Company

Marysville, Kan., to Nebraska Line.

Cambridge to Jefferson's. Mass

Manumuskin to Maurice Riv., N. J.
-May's Landing to Egg Hai
I Ashland to Covington, Ky.

Paris to Lexington. Ky

Mayville to Chautauqua, N. Y

Meadville to Linesville. Pa 20.50 Meadville & Linesville. . . I January 3/1884.*

No road built by this Company N. 5f., Penna. & Ohio January 6, 1880.*

Marysv., Palmetto & Roseport No road built by this Company

Massachusetts Central

Maurice River

Mav's Landing & Egg HarborJMav's Landing to Egg Harbor. N. J

Maysville & Big Sandy '

Maysville & Lexington

Mayville Extension

Meadville •

Meadville

Medford Branch

Medway Branch

Memphis & Little Rock

Memphis & Ohio

Memph., Birm. & Atlantic.

Memphis Branch

Memphis Branch

Mem., Carthage & N.-W't'n
Mem., Clarksv. & Louisv. . .
Mem., El Paso & Pacific

78.77 'Consol.asM.&McP.Oct. 6, '82. See statement

19.54 i for " Atchison" 1888 MA NUAL, page 734.

Chic., St. L. & Pitts .... January 10, 1883.*

Tol.,St. L. & Kan. City.. Consol., June 12,1886.*

3.90 Fitchburg Purchased about 1863.

25.00Marq.. Houghton & Ont.. Consol.,Ang. i3. 1872.
Chicago & Northwestern . June 2, 1859. *

16. 00 Paris, Mar. & Sab. Pass.. iKeorg., Apr. 14. 1887.

11.80 Cumb. Valley & Martinsb. November 17, 1887.*
Fairl'd, Frank. & Martin.

54.60 Delaware & Chesapeake. . December 20, 1877.*

14.00 Cumberland & Penn Consol., in 1870.

Central Pacific Consol., Aug. 22, 1870.

12.86 Omaha & Rep. Valley Consol. in 1887.

St. Jo. & Grand Island. . . Consol., June, 1885.

44.03 Central Massachusetts September 1, 1883.*

9. 71|West Jersey j Consol., Dec. 23, 1887.

7.00 Abandoned |

143.30jChesapeake & Ohio ^Operated by C. & O.

l9.27^Kentucky Central April 23, 1887.*

3.85 Chautauqua Lake Consol. .Sept. 28, 1887.

No road built by this Company j Boston & Maine (Absorbed about 1846.

North Wrentham to Medway. Mass. I 3.60 N. Y. & New England. (Reorganized in 1873.
Little Rock, Ark., to Memphis.Tenn. H35 00 Little Rock & Memphis. . ! April 13, 1887.

Paris to Memphis, Tenn 130.00 Louisville & Nashville. . .

IMemp., Tenn., to Holly Spgs., Mi

Rome, Ga., westward

No road built by this Company. . . .

Pierce City, Mo..to Brownsville, Kan.

Gnthrie to Paris, Tenn

. . No road built by this Company

Memphis,HollySpgs.& Mobile No road built by this Company

Mem., Holly Spgs. & Selma. No road built by this Company

Mem., H. S., Okolona& Selma i No road built by this Company.

Weir City to Cherry vale, Kan"

i Paducah, Ky., to* Trimble, Tenn. .

1 Memphis to Covington. Tenn.

46.00 K. City, Memph. & Birm.

Memphis, Kan. & Col

Memphis, Paducah & Nor. .

Memphis, Selma & Brunswk,
Menominee River (Mich.) . . .

Menominee River (Wis.)

Menominee River

Mercer & Somerset

Meriden & Cromwell ,

Meriden & Waterbury ,

Merrimac & Conn. Rivers. . .

Metropolitan Branch '

Miami Valley . .

Michigan

Michigan Air-Line (111.). . .

Michigan & Ohio. . .

Mich. City & Indianapolis! '. '. '.

Michigan Lake Shore

Michigan Southern

Mich. So. & No. Ind....!.'.;

Middleborough

Middleboro' & Taunton

Middlesex Central

Middletown

Midland

Midland Connecting

Midland North Carolina

Midland of New Jersey. .

Midland Pacific '.

Milbury & Sonthbridge

Milledgev. & Eatonton

Milledgev. <fc Gordon

Mill Sg..Cur't Riv. & Barnesv.

Millville & Glassboro'...

Milwaukee & Berlin

Milwaukee & Chicago

Milwaukee & Horicon

Milwaukee & Madison
Milw. & Mississippi

Consol.. Oct. 9,1872.
Consol., Feb. 1, 1887.

Name changed.

Memphis. Tenn., toHolly Spgs, Mi<s.

Powen, Mich., to Wis. Line

Mich. Line to Florence, Wis

See 1885 MANUAL, page 658

Somerset Junct'n to Millstone, N. J.
Meriden to Cromwell, Ct.. & branch.
Meriden to Waterbury, Ct

( Concord to Bradford. N. H

•< Manchester to North Weare. N. II.

I North Weare to Henniker, N. H. .

5.00 Abandoned
..... Rome . .

47.00 St. Louis & San Francisco Consol.. in 1882.
82.50 Louisville & Nashville.. . IPurch., Sept. 30,1871.
...... Texas & Pacific .......... Consol. .March 3, 1871.

..... Cinn.. Pelma & Mobile. . . iReorg., Dec. 12, 1881.

...... Cinn.. Selma & Mobile . . . iReorg., Dec. 12. 1881.

...... Cin., Selma & Mobile ____ Reon:., Dec. 12. 1881.

49.79 K. Citv, Ft. S. & Memph. iConsol., Apr. 23, 1888.
TS nn i

3700 ! ches-> ohio & s- WTnjConsol., Jan. 26. 1882.
46.00JK. Cy., Memphis & Birm. (Reorganized in I
29.18 Chicago & Northwestern. 1 See MANUAL
12. 90, Chicago & Northwestern, v for 1885.

...... (Chicago & Northwestern . )

22.54 ' Aband'd s-id rails torn up!

11.34 M-nden. Waterbury &Ct. 'Consol.. June 9. 1888.
17.57 Meriden, Waterbury &Ct. Consol., June 9. 1888.
27.16 Concord & Claremont. Consol., Oct. 31. 1873
19.00 Manchester & No. Weare1 i -p T

6.52 Abandoned Oct. 31, 1858.. • ** 3rS-iJU'

Wash'ton, D.C., to Pt. of Rocks.Md.j 42.75 Baltimore & Ohio iBuilt byB. & O.. 1^3

No road built by this Company Cinn., Lebanon & No. . . I June 27, 1885.*

Lansing.Mich.,to Indiana State Lineil09.00 Chicago & Grand Trunk. Consol., Apl. 7, 1880.

Noroad,Con.,1871,intoChi.&Can.So.

! Abandoned in 1888.

Dundee to Allegan, Mich 133.00 Cinn., Jack. & Mackinaw Purch., in 1887.

13.00 Lake Ere & Western jPnrch., Mar. 15. 18-7

La Porte to Michigan Citv. Ind

Allegan to Muskegon, Mich

See 1885 MANUAL, page 549. for ^r°
See 1885 MANUAL, page 549, for ^~

No road built by this Company

Middleboro' to Taunton. Mass

Lexington to Concord, Mass

No road built by this Company! ....

57.50 Chicago & West Mich. . . . Consol., Oct. 1, 1881

Lake Shore & Mich. So..

Lake Shore & Mich. So..

(Old Colony

8.04 Old Colony

11. 16 "Boston & Lowell..

X. Y..N. Haven & Hart'd.

Consolidation in 18b9.
Consolidation in lsf.9.
See next.
iConsol. in 1874.
Purch. in 1883.
Consol., July 24. 1872.

Two Bridges to Water Gap. N. J

Goldsboro' to Smithfield. N. C

Marion, N. J.. to New York Line. .

Brownsville to Seward. Neb

No road built by this Company. .
Milledgeville to" Eatonton. Ga". ....'..

Gordon to Milledgeville, Ga

Leeper Station to Penn. Mo.
Glassboro' to Millville. X. J. .'.'.'.'.'.'.'.
See 188S MANUAL, p. 391— N. Div. . .
See Green Bay, Mil. & Chicago
See 1888 MANUAL, p. 391— N." Div. . .
Milwaukee to Madison, Wis. .
Milwaukee to Prairie du Chien,Wis.

40.60 N. Y., Susq. & Western. .

22.00 Wilmington & Weldon .
71.60 N. Y., Susq. & Western..

105.00jChicago. Burl. & Qiiincy.
(Boston & Albany ". .

22.00;Eatouton Branch

17.00|Central of Georgia

12. 00 1 Missouri Southern

22.30 West Jersey

Chic.. Mil. '& St. Paul ...
Chicago & Northwestern.
Chic., Mil. & St. Paul....
80.04 Chicago & Northwestern.
194.54|Chic.. Mil. & St. Paul. . . .
I

Consol. in June. 1>M.
!Purch., June. 1885.
Consol. in June, 1881.
(Consolidated in 1880.

Name changed.
Consolidation.
Name changed in '•*?.
Consol., June 1. 18S8.
Consol., Feb. 14. 1*74.
jConsol., June 7. !->-;.
iConsol., Feb. 14. 1^74.
JConsol., Juni
iConsol. ,Feb .

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date giver.

1192

RAILROADS MERGED IN OTHER LINES.

LIST OF RAILROADS MERGED IN OTHER LINES— Continued.

NAME OP OLD COMPANY.

TERMINI OF COMPLETED ROAD

AT THE TIME OF ITS ACQUIREMENT.

LENGTH IN
MILKS.

NAME OF COMPANY
BY WHICH ACQUIRED, OR
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

WHEN AND How
ACQUIRED BY EXIST-
ING COMPANY.

Milw. &Pr. du Chien
Milw. &St. Paul

Milw. & Watertown

Milwaukee to Prairie du Chien,Wis.
See 1888 MANUAL, p. 388
\ Brookfield Jc., to Columbus, Wis.
"| Watertown to Sun Prairie, Wis. . .
Milwaukee to Waukesha, Wis
See Milwaukee & Watertown

194.54

'5i!66
24.00
21.50
75.00

Chic.. Mil. &St. Paul...
Chic., Mil. &St. Paul....

{- Chic., Mil. & St. Paul..

Chic., Mil. & St. Paul ..
Chic., Mil. & St Paul

Consol.,Feb.l4, 1874.
Consol., Feb. 14, 1874.

Consol., Feb. 14, 1874.

Consol., Feb. 14, 1874.
Consol., Feb. 14, 1874.
Consol., Feb. 14, 1874.
Coneol., Feb. 14, 1874.
Consol., June 1, 1872.
Coneol., Feb. 14, 1874.
Consol., Aug. 20, 1881.

Milw. & Waukesha . . .

Milw. & Western
Milwaukee Cement
Mil., F. du Lac & Gr. Bay. . . .
Mil., Manitowoc & Gr. Bay.. .
Mil., Waukesha & Miss

Cement Line Jc. to Rock, Wis
No road built by this Company.

1.06

Chic., Mil. & St. Paul...
Chic., Mil. & St. Paul....
Mil., Lake Shore & West.
Chic., Mil. & St Paul

No road built by this Company. . . .

See Milwaukee & Mississippi

No road built by this Company
No road built by this Company

Col., Hock. Val. &Tol...
Sunb., Hazlet. &Wilksb

Mineral
Mineral Point

j Warrens, 111., to Mineral P't, Wis.
1 Calamme to Platteville, Wis
No road built by this Company.

32.29
17.08

|- Chic., Mil. & St. Paul..
Mineral Range...

Purchased in 1880.

Name changed 1872.
See Minn. Central.
Consol., May 24, 1881.
Consol., May 1, 1883.
Consol., June 11, 1888.
Consol., May 1,1883.

Conso!., June 11, 1888.

Consol., June 11 1888.
Consol., May 24, 1881.
Purch., Dec. 8, 1887.

Purch., Dec. 8, 1887.
Purchased in 1880.
Purch., June 2, 1879.
Consol., Feb. 14,1874.
Consol. in June, 1884.
Consol , Feb. 14, 1874.
Consol., Feb. 14, 1874.
Name changed.
Consolidated in 1881.
Reorganized m 1880.
See Western Union.

Consol., Aug. 20, 1866

Consol., early in 1889.
October 20, 1886.*
400-vear lease, 1882.
400-year lease, 1882.

Mineral Range & L'Anse
Minneapolis & Cedar Valley .
Minneapolis & Duluth

No road built by this Company
Minneap. to White Bear Lake, Minn.
Minneapolis to St. Cloud, Mini:
Minneapolis,Minn., to Ransom,Dak.
St. Cloud to Hinckley, Minn
Wis. Line to Minneapolis, Minn. .
Vadnais Park to St. Paul, Miss. . .
Minn. Line to the " Soo," Mich. . .
Dresser Jc. to St. Croix Falls,Wis.
No road built by this Company

'isioo

62.94
227.75
65.51
43.00
10.00
450.95
4.05

Chic., Mil. & St. Paul...
Minneapolis & St. L
St. Paul, Minn. & Man. . .
Minn., St.P. & S.St.Marie
St. Paul, Minn. &Man...

[ Minn., St.P. &S.Ste.M.

|- Minn., St.P. AS.Ste.M.
Minneapolis & St. Louis..
j-Chic., St. P. &K. City.
Chic., St. P. & Kan. City.

Minneapolis & Northwestern.
Minneapolis & Pacific

Minneapolis & St. Cloud
Minneapolis & St. Croix

Minnp., Sault Ste. M. & Atl..
Minnesota & Iowa So

Minn. & Northwestern

Minn. & NorthwTn (of 111.). .
Minn. & Northwestern
Minn & Pacific

j St Paul, Minn., to Dubuque, la. . .
/ Hayfield to Manly June., Minn . . .
Chicago to Freepoft, 111

253.49
47.31
97.00

No road built by this Company
No road built by this Company. .

Chic., Mil. & St. Paul....
St. Paul, Minn. & Man. . .
C.,M. &St. P.— Riv.Div.
Wis., Minn. & Pacific....
Chic., Mil. & St. Paul....
Chic Mil. & St. Paul

Minnesota & Pacific

No road built by this Company. . .
Red Wing to Waterville, Minn
Minneapolis to Owatonne, Minn
Wabasha to Zumbrota, Minn

'eeioo

71.00
60 21

Minnesota Central
Minnesota Central
Minnesota Midland.

Minnesota Northern
Minnesota Valley

No road built by this Company
Sleepy Eye to Redwood Falls, Minn.
Newport, Vt., to Canada Line
No road built by this Company
j Davenport to Kellogg, la
| Wilton to Washington, la
Grenada, Miss., to Memphis, Tenn.
No road built by this Company
Canton, Miss., to E. Cairo, Ky
No roau built by this Company. . .

'24140
22.00

isiioo

50.50
99.26

343166

No.Pac.,Ferg.&Bl. Hills.
Win. &St. P. (C.&N.W.)
Newport & Richford
Chic., Mil. &St, Paul...

'-Chic. R. I. & Pacific...
Illinois Central

Missisquoi & Clyde

Mississippi

Mississippi & Missouri

Mississippi & Tennessee. . . .
Mississippi & Wabash
Mississippi Central.

Tol., Peoria & Western . .
Illinois Central

Miss. Cent. & Tenn
Miss., Gainesv. & Tus.

Illinois Central

Narkeeta, Miss., to Gainesville, Ala.
j Chicot to Boone Ark J

21.50
35.00

Abandoned

Miss., Ouach. & Red River.. .
Mississippi River.

< Aband. & roadreloc. '77
) St. Louis, Iron Mt. So. .
Ches., Ohio & S.W

j Boone to Monticello, Ark f
No road built by this Company .

January 28, 1887.*
Consol., Jan. 26, 1882.
Consol., Oct. 29, 1886.
April 14, 1875.*
Consol., Aug. 12, 1884.
April 14, 1875.*
Purchased in 1888.

Consol. in 1882.

August 19, 1886.*
Consol., Aug. 11, 1880.
Consol., April 23, 1888.
Consol., July 11, 1870.
Nm. chg. Jan. 27, '86.
Consolidated in 1868.
Nm. chg. Jan. -27, '86.
Consol., Nov. 1, 1869.
Consol., Nov. 1, 1869.

Mis., Ter.Aux Boeufs & Lake
Mississippi Valley.

New Orleans to Shell Beach, La
No road built by this Company.

30.00

New Orleans & Gulf. . .
St. L , Keokuk & N. W

Miss. Val. & Ship Island
Miss , Val. & Western

Vicksburg to Morehead, Miss
Keokuk, la., to Louisiana, Mo.

26.00
85.00
50.00
73.00
12.65
147.65
25.25
159.92
50.00
56.20
72.00
K6.20
16.97

Louisv., N. O. & Texas..
St. L., Keokuk & N. W..
No. Pacific & Montana. . .

[• St. Louis & San Fran. .

Keokuk & Western
Missouri Pacific
Kan. Cy., Ft. S. & Memp.
K. Cy., S. Jo.&Coun.Bl..
Mobile & Birmingham...
Mobile & Montgomery. . .
Mobile & Birmingham . . .
N. Y., Cent. & Hud. Riv.

Missoula & Bitter Root Val . .
Missouri & Western

Missouri, la. & Neb
Missouri River

Missoula to Grantsdale, Mont
j Pierce City, Mo., to Oswego, Kan.
1 Branch to Joplin and Belt RR
Keokuk to Van Wert, In

Mo. Line to Leavenworth, Kan
Kansas City, Mo., to Baxter, Kan. . .
Weston to Savannah, Mo
Mobile to Bigbee Bridge, Ala
Mobile to Pollard, Ala

Mo. Riv., Ft. Scott & Gulf .. .
Missouri Vallev

Mobile & Ala. Grd. Trunk. . .
Mobile & Grt. North
Mobile & West Ala
Mohawk & Hudson

Mobile to Bigbee Bridge, Ala
Albany to Schenectady, N. Y.

Mohawk Valley

No road built by this Company . .
Moline to Coal Valley, 111
Connecting B. & O. &T. & L.E.RRs.
No road built by this Company. . . .
See General Index for

'sioo

N. Y., Cent. & Hud. Riv.
Abandoned in 1888

Monongahela Juc. & Trf
Monongahela Valley

Abandoned in 1885

Pittsb., Va., & Chariest..
Central of Georgia
Sandusky, Mansf. & N. ..
Chicago & West Mich
N. Y. & Greenwood Lake
N. Y. & Greenwood Lake
Northwest & Florida
Southern Pacific

Nm.chgd. Feb. 4, '70
Consol., Dec. 1,187','.
Consolidated in 1853.
Consol., Oct. 1, 1881.
October 20, 1878.*
October 20, 1878.*
July 12, 1888.*
Consol., May 4, 1888.
Consol., May 4. 1888.

Monroe

Monroev. & Sand. Citj-
Montague, Pentw. & Man
Montclair

Monroeville to Sandusky, O.

15.25

'46!66

40.00
45.00
15.12
8.00
10.50

No road built by this Company
Jersey City, N. J., to Greenw'd Lake
Jersey City, N. J., to Greenw'd Lake
Montgomery to Patsburg, Ala
Monterey to Castersville,.Cal
j Monterey to Copperville. Cal
I Copperville to Salinas, Cal
No road built by this Company.

Montclair & Greenwood L. . .
Montgomery & Florida

Monterey & Salinas Valley. . .
Monterey Extension

Southern Pacific
Abandoned in 1880

Southern Pacific
Northwest & Florida

Consoi.,May4, 1888.
July 12, 1888.*

Montgomery Southern

Montgomery to Ada, Ala

26.66

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

RAILROADS MERGED IN OTHEK LINES.

1193

LIST OF RAILROADS MERGED IN OTHER UNB8—

NAME OP <>LI> COMPANY.

TERMINI OK COMPLETED ROAD
AT THE TIME OF ITS ACQUIREMENT.

Montgomery & West Point. . .

Columbus Branch

Monticello

Montpelier & St. Johnsb

Montreal & Plattsb

Moorhead & B;irnesv

Moselem Branch

Moshannon & Clearf

Moulton & Albia

Mound City

Mount Carbon

Mount Carbon Coal

Mount Savage

Mount Sterling

Mt. Tom & Easthampton

Muncy Creek

Mnrphysb. & Shawneet

Muscaune & Osk

Muscatine & Tipton

Muscogee

Muskegon & Bi» Rapids

Musk. & Ferrysburg

Mu.sk. River & Rose Lake . . .
Muskrat Lake & Clam River

Montgomery, Ala., to W. Point, Ga.
Opelika, Ala., to Columbus, Ga

No road built by this Company

iPlattsburg, N. Y., to Canada Line..

Moorhead i o Barnesville, Minn

See General Index for gW°

June, to Whites Summit, Pa., & Br.

I Albia to Moravia, la

'Junction to Mound City, III

Mt. Carbon to Mine Hill, Pa

Grand Tower to Carbondale, 111. .
Cumberland to Mt. Savage, Md . .
Mt. Sterling to Rothwells, Ky. . .
Mt. Tom to Easthampton, Mass.
Hall's Station to Hughesville, Pa

No road built by this Company

Muscatine to Knoxville, la

Muscatine to Wilton, la

Butler to Columbus, Ga

No road built by this Company

No road built by this Company. . . .
Muekegon River to Rose Lakejfieh
Muskrat Lake to Clam River, Mich. ,

Nanticoke .................... 'Ashley, Pa., to Collieries ...........

Nantucket .................... Nantucket to Siasconet, N. I.. Mass.

Nashua & Rochester ......... Nashua to Rochester, N. H .........

Nashville & Chatt ............ Nashville to Chattanooga, Tenn .....

Nashville & Florence ........ ; Columbia, Tenn. , to Ala. Line ......

Nashville & Memphis ........ |No road built by this Company .....

Nashville & Northwestern. . . 'Nashville, Tenn. to Hickman, Ky. . .
TO- K i i * Brownsville to York, Neb .......

•**• .................... I ") Brownsville to Nemaha, Neb ......

Nebraska & Colorado ........ See 1883 MANUAL, page 382 .........

Nebraska & L. Superior ...... No road built by this Company ......

Neb.,Topeka,Iola& Memphis Chanute to Girard, Kan .............

Neb. Cy., Sidney & N. E ..... i Hastings to Sidney, la ..............

Neosho Valley ............. No road built by this Company .....

Neosho Valley & Holden ____ (No road built by this Company .....

Nevada & California ......... Reno, Nev., to Camp Ham, Cal .....

Nevada & Minden ........... Nevada. Mo., to Chetopa, Kan ......

Nevada & Oregon ............ Reno, Nev., Northwest .............

New Albany & Salem ........ New Albany to Michigan City, Ind. .

Newark & Elizabeth ......... Elizabethport to Brills, N. J ........

Newark & Del. City ......... Newark to Delaware City, Del ......

Newark & New York ........ (Communipaw to Newark, N. J ......

New Bedford ................. See 1885 MANUAL, p. 77, note O.

New Bedford & Fall River. . . i Connecting track at Taunton, Mass
New Bedford & Taunton . . . . |N. Bedford to Taunton. Mass.,& Bh.

N. Brighton & N. Castle ..... Kenwood to Wampum Jc., Pa. . .

- .

- :_

- _

NAME OP COMPANY

r.Y wan Ji ACQUIRED, OR! WHEN AND HOW
T,, uno-K STATEMENT LAoQBVBD BY
• REFEUKM K SHOULD IN<; COMPANY.

BE MADE.

88. 50; Western of Alabama iReor. Mar. 15, 1883.

28. 40i Columbus & Western Acquired in 1883.

..Ohio, Indiana & Western!

St. Johnsb'y & L. Champ.jReorg., July 1, 1880.

Consol., Feb. 5, 1873.

23.17 New York & Canada
23. 00 - St. Paul, Minn. & Man
Phila. & Reading

5.50jTyrone & Clearfield. . .
11.48 Chic., Burl. & Quincy.

•J . S? Illinois Central

7 .00 Phila. & Reading

24. 20j Grand Tower & Carbond.

10.00'Cumberland & Penna

19.80 Ky. & South Atlantic

3.50 Connecticut River

6.50JWilliamspt. & No. Bch..

.: iCarbond. & Shawneet'n . .

115. 50, Chic., R.I. & Pacific...

13.50|chic., R. I. & Pacific

50.00 Southwestern (Ga.)

Chicago & West Mich. . . .

Chicago & West Mich

7.50 Abandoned in 1882

S.OO Abandoned .

Consolidated in 1880.
. I Built by P. &R.
'Consol., April 14, 1884.
Built by C. B. & Q.
By purchase in 1882.
Consol., May 31, 1872.
Purch.. March 10, 1882.
By purchase in lf-50.
Nm. chgd. in Feb. '81.
By purchase in 1872.
August 9, 1882.*
Nm. chgd. Mar. 7, '67.
Consol. June 4, 1880.

Consol.
Consol.
Consol.
Consol.

Aug. 20, 1866.
Nov. 1, 1868.
Oct. 1, 1881.
Oct. 1, 1881.

J-Chic., Burl. & Quincy..

Consolidated in 1880.

N. Britain & Middletown

New Canaan

New Castle & Franklin

New Castle & Oil City

Newcastle & Rnshville

New Castle & Wilm

N. C., Plain Gro. & Butler. . .
New Castle RR. & Mining. . .
N. Egypt & Farmingdale

New Hampshire Central

New Haven & New London.
N. H., Middletown & Willrn.

N. II., N. L. & Stonington. .

New Jersey

New Jersey, Hudson & Del.

New Jersey Midland

New Jersey Southern.

Berlin to New Britain, Ct
Stamford to New Canaan, Ct ........

Stoneboro1 to New Castle, Pa ......

( ^evv Castle to Delaware Jc.. Del. .

) Del. Jc., Del., to Frenchtown, Md.
Stoueboro1 to New Castle, Pa .......

New Castle to Rushyille, Ind .......

New Castle to Wilmington, Del .....

No road built by this Company ......

New Castle, Pa., to Coal Mines ......

Long Branch to Ocean Beach, N. J. .

1 Manchester to North Weare, N. H.

I North Weare to Henniker, N. H. . .
New Haven to New London, Ct .....
New Haven to Willimantic, Ct ......

j New Haven to New London, Ct.

i New London to Stoningtqn, Ct. . . .
Jersey City to New Brunswick, N. J.
No road. Rights acquired by N. J. M.
Marion, N. J., to New York Line . . .

•-20.80 Lehigh & Susquehanna. Built by L.C. & N.Co.

11 .16 Abandoned in 1888 ............................

48. 39j Worcester, Nash & Roc h.j Consol., Dec. 1, ls<-3.
151.00 Nashv., Chatt. & St. Louis Consolidation in 1813.

51 .00 Nash., Florence & Sheff.. Consol., May 16, 1887.
...... Louisv. & Nashville. . . Consol., Oct. 9, 1872.

170.00 Nashv., Chatt. & St. Louis Consolidation in 1873.
1131.65
! 4.75
! ..... Chic., Burl. & Ouincv ____ Built bv C. B. & Q.

..... St. Paul & Duluth ....... (May 1,*18T7.*

S9.93 " Atchison " (So. Kan.) . . ; Consol.
! 21.05 Chic., Burl. & Quincy.. . . Built by C. B. & Q.

j ...... Mo., Kansas & Texas ____ Consol., April 7, 1870.

; ..... Mo . Kansas & Texas. . . . Consol., April 7, 1870.

! 45.50 Nev., Cal. & Oregon ...... |Reorg., Jan., 1887.

; 74. 0<; Missouri Pacific ......... 'Built by Mo. Pac.

! 31 .00 Nev , Cal. & Oregon ..... |Reorg.. Jan.. 1887.

288.26 Louis v., N. Alb. & Chic.. Consol., May 20, 1881.
5.51 Central of New Jersey. . .

11.79 Phila., Wilm. & Bait
6.22 Central of New Jersey. .
...... Old Colony ..............

0.25 Old Colony ............... Consol., Oct. 1, 1872.

i 81. SO Old Colony.... ..Consol., March 5, 1883.

12.54 Pitts., Yonngst. & Ash. . .Consol., Aug. 1, 1887.

Consolidation in 1873.
By purchase in 1881.
Perpetual lease.
Consol., March 5, 18*3.

. . .

Port Monmouth to Atco. N.J..& Brs.
New Jersey Western ......... ;No road. Rights acquired by N. J.M.

New Jersey West Line ....... Summit to Bernardsville, N. J

New Lisbon .................. iNiles to New Lisbon, O .............

New London & Ston ......... No road built by this Company. . '. .

N. L., William & Palmer ..... New London to Palmer, Ct. .

0.47 N. Y., N. Ha~M.-n & Hartf . jConsol. July 24, 1872.
8.90 Stamford & N. Canaan... I February 1, 1883.*

36.25 Western New York & Pa. 'September, 1887.*

i 6.00 Phil*., Wilm. & Bait » mn*oi in 1*4.»

1 10. 19 Abandoned about 1855... ^ CoMOl. to 1840.

36.x'3 Western New York & Pa. September, !<>;.

24.00 Ft. Wayne, Cin. & Louis. Consol. in 1886.

i 5.50 Phila., Wilm. & Bait Consolidation in 1876.

I Western New York & Pa. September, 1887.*

5. 50| Abandoned in 1888

i 7.42;NewYork & Loug Branch Consol., Dec. 21, 1881.
1 19.00iManch. & North Weare. . i R__ff T ,
' 6. 52| Abandoned Oct. 31, 1838.. \

50.97 Shore Line Reorganized in 1*65.

| 50.00;Boston & N. Y. Air-Line. Reorg., June 24. 1375.

50.97iShore Line Reorganized in 1865.

I 12.50;N. Y., Prov. & Boston By purchase in 1V64.

33. SO' United New Jersey Consol. in Jan., 1867.

: N. Y.,Susq. & Western.. Consol. in June, 1881.

71.60 N. Y., Susq. & Western.. See'84MANUAL,p.215.

i 88. 60, Central of New Jersey Consolidated in 1888.

> |N. Y., Susq. & Western . . Consol. in June. 1881.

i 13.99 Passaic & Delaware Reorg., Oct. 8, 1878.

I 36.05 Clev. & Mahoning Val. .. Consol., July 25. 1-70.

New York, Prov. & Bost . By purchase in 1864.

66.00 New London Northern. . . Reorg. in 1859.

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

1194

RAILROADS MERGED IN OTHER LINES.

LIST OF RAILROADS MERGED IN OTHER LINES— Continued.

NAME OF OLD COMPANY.

TERMINI OP COMPLETED ROAD
AT THE TIME OP ITS ACQUIREMENT.

g
B 2

H g

II

NAME OP COMPANY
BY WHICH ACQUIRED, OR
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

N. L., William. & Sprtngf...
New Orleans & Mips. Valley.
New Orleans & Ohio
New Orleans A Selma

No road built by this Company
New Orleans, La., to Miss. Line
Paducah, Ky., to Troy, Tenn

i46!66

63.50
21.00

206! 66

206.00

MAN

'56i66
141.00
141.00
80.00
325.00
8.00
547.00

New London Northern. . .
Louisv.,NewOrl. & Texas
Ches., Ohio & S. W

Reore.,inl859.
Consol. ,Ang 12, 1884.
Consol., Jaii. 26, 1882.
Purch , Nov., 1886.
Consol., Aug. 12, 1884.
400-year lease, 1882.
400-year lease, 1882.

Selma to Martin Ala

Birm., Selma & N. O...
Lonisv.,N. O. & Texas...
Illinois Central...
Illinois Central.

N. 0., B. R.,Vicks. &Memph.
New Orleans, Jax. & Gt. No..
New Orleans, Jax. & No
New Orleans, Mob. & Chatt . .

N. O., Mobile & Texas

N. O., Mobile & Tex. (B. Div.)
N. O., Opeloaeas & Gt. W't'n.

New Orleans Pacific

New Orl., St. L. & Chicago.. .
New River

See 1884 MANUAL, page 478
New Orleans, La., to Canton, Miss. .
New Orleans, La., to Canton, Miss. .
See N. O., Mob. & Tex. below ; also
( Unfi'd portion W. of Vermillionv'e
•< Westwego to Donaldsonville, La. .
/ Mobile, Ala., to New Orleans, La..
New Orleans, La., to Mobile, Ala
Algiers to Berwicks Bay, La
j New Orleans to Shreveport, La
/ Brusle to Baton Rouge, La
New Orleans, La., to E. Cairo, Ky. . .
No road built by this Company

UAL for 1885. page 509. .

Louisiana Western

See'88MANUAL,p.934.
Consol., June 21, 1881.
April 24, 1880.*
April 24, 1880.*
May 25, 1869.*

Consol., June 21, 1881.

400-year lease, 1882.
Consol., May 9, 1882.
Sep.&N.,'87&Mr.'88.*
Consol., April, 1889.
Consol., June 4, 1880.
Reorg. in May, 1887.
Reorg., June 24, 1875.
Reorg. in 1873.
Reorg. in 1876.

Texas & Pacific
New Orleans & Mobile. . .
N. 0. & Mobile (L. & N.).
Morgan's La. and Texas. .

[ Texas & Pacific

Illinois Central
Norfolk & Western
Iowa Central

New Sharon, Coal V. & East'n
Newtown & Flushing
Newton & Monroe

No road built by this Company
Winfield to Flushing, N. Y

3^97
17.00

Long T^iand

Newton to Monroe, la

Chic., Rock island & Pac.
West Brooklyn
Boston & N. Y. Air-Line.
N. Y. & New England.. . .
N.Y., WePtch. & Putnam
Abandoned

New York & Atlantic
New York & Boston
New York & Boston
New York & Boston

Srreenwood to Canarsie, N. Y
No road built by this Company. .

Needham, Maes., to W'nsocket,R. I.
No road built by this Company. .

25.30

New York & Brighton Beach.
New York & Erie . .

j Locust Grove, L. I., to 86th St., Bkn
1 86th St. to Brighton Beach

1.38
1.30
446.00
19.00

Sea Beach & Brighton . .

j Piermont to Dunkirk, N. Y
j Chester June, to Newburgh, N. Y.
No road built by this Company

j- New York, L. E. & W'n
N Y. & New England

April 24, 1878.*

Reorg. in 1873.
Purch., Sept. 9, 1882.
Purch., Sept. 9, 1882.
Consol., Dec. 21, 1881.
Consol., Au?. 22, 1885.
Consol., July 24, 1872.

November 9, 1879.*

up in 1884.
By lease in 1884.
May 31, 1876.*
Consol., July 1, 1833.

New York & Hartford . .
N. Y. & Hempst. Plains
New York & Hempstead
N. Y. & Long Branch Ext
N. Y. & Manhattan Beach . . .
New York & New Haven. . .

New York & Oswego Mid ....

De Ruyter Branch

Western Extension ,
New York & Stonington
N. Y., Boston & Mont I
N. Y., Boston & Northern., f

No road built by this Company
rlempstead to Valley Stream, N. Y. .
Sea Girt to Pt. Pleasant, PT. J
See 1885 MANUAL, page 146
New Haven, Ct,,toW'msb'dge, N.Y.
( Oswego to Middletown, N. Y
( New Berlin, Delhi & Ellenville Bra.
j Norwich to De Ruyter, N. Y

5!50

2.78

'62!29
249.00
47.00
26.78
20.22
27.00

297.75
296.00

Stewart

Stewart
N. Y. & Long Branch
N. Y., B'klyn & Man. B'ch
N.Y.,N. Haven & Hartf 'd

j- N.Y,, Ontario & West..

Abandoned and rails torn
Elmira, Cortland & No. . .
Ithaca, Auburn & West. .
N. Y., Prov. & Boston

1 De Ruyter to Cortland, N. Y
Freeville to Scipio Centre, N. Y
!^o road built by this Company
See N. Y., Westchester & Putnam
statement in 1888 MANUAL, p. 200.
J Albany to Buffalo, N.Y

(New York Central &
f Hudson River
New York & Northern . . .
Suburban Rapid Transit. .
West Brooklyn
Housatonic
Ulster & Delaware
American Midland
Pitts., Marion & Chic|
West Shore
N. Y. & Rockaway Beach
Abandoned in 1859
Clev. & Mahoning Val . . .
Kan. Cy., St. Jo. Coun.Bl.
Providence & Springfield.
Norfolk & Western *
N. Y. & New England . . .
Columbus & Rome
Ala Great South'n

Consol., Oct. 1, 1869.

Aug. 17, 1887.*
Consol. in 1886.
Reorg. in May, 1887.
By purchase in 1880.
May 1, 1875.*
Consolidated in 1888.
Purch. in Feb. 1886.
Nov. 24, 1885.*
June 28, 1887.*

New York City & Northern .
N. Y., Fordham & Bronx . . .
N Y., Greenwood & C. Isl. .
N. Y. Housatonic & No
N. Y. Kingston & Syracuse.
N. Y. Mahoning & West . . .
N. Y. Pittsburgh & Chicago
N. Y. West Shore & Buffalo
N. Y. Woodhaven & Rock .
Niagara Falls & L. Ontario. . .
Nile's & New Lisbon
Nodaway Valley
Noonashqualuchet

j Lateral and branch lines
See General Index for

Projected road

!^o road built by this Company
Danbury to Brookfield Jc., Ct.

"o'.36
74.00
20.00
14.10

Rondout to Stamford. N. Y
Findhiy to Ottawa, O.

New Galilee, Pa., to Rogersviile, O..
See General Index for

Glendale Jc. to RockawayBch.,N.Y.
Suspension Edge, lo Youngst'n,N.Y.
Niles to New Lisbon O

10.75
13.15
36.05
31.54

'si .'66

23.90
23.00
22.50
21.00
118.00

'ei!i4

100.00
37.00

"i'.40

ii8!66

Consol., July 25, 1872.
Perpetual lease, 1880.
Reorg. in Jan. 1871.
February 10, 1881.*
Reorganized in 1873.
Reorganized in 1878.
January 22, 1877.*
Purch. in Dec., 1887.
Reorg., Aug. 1, 1865.
Consol., Jan. 24, 1888.
Consol.. Jan. 24. 188P

Bigelow to Burlington Jc., Mo
Sfo road built, by this Company
Norfolk to Petersburg, Va

Norfolk & Petersburg

Norfolk County

[slington to Blackstone, Mass
Columbus to Hamilton, Ga

North & South

Northeast & Southwest

Meridian, Miss., to York, Ala
Cornelia to Tallulah Falls, Ga
Ogdensbnrg to Rouse's Point, N. Y.
See MANUAL for 1888, page 990
See MANUAL for 1888, pacre 990
Jonesville to Lansing, Mich
Galesburg to Quincy, 111

N. E. Ga.— North Section
Northern

Blue Ridge & Atlantic . . .
Ogdensb. & L. Chainplain
Grand Trunk
Grand Trunk

Northern (Canada)

Northern & Northwestern
Northern Central Mich
Northern Cross

Lake Shore & Mich. So . . Built by Co. in 1872.
Chicago, Burl. & Quincv. By purchase in 18rO.
Chic., Mil. & St. Paul. . . See Western Union.
Lake Shore & Mich. So... Consolidation in 1809.
St. Jo. & Denver City Consol., June, '
Philadelphia & Reading. . Consul., May, l^ri.
Sioux City & Pacific

Northern Illinois . .

Frecport to Savannah, 111
See MANUAL for 1885, page 549, for..
No road built by this Company

Northern Indiana

Northern Kansas.

N. Liberties & Penn Townsp.
Northern Neb Air Line

Northern Ogdensburg
Northern Pacific & Cascade..
No. Pac. & Puget Sound Sh. .
North Grey

Ogdensburg to Rouse's Point. N. Y.

Ogd. & L. Champlain
Northern Pacific
Northern Pacific
Grand Trunk
Cornwall

Reorg., Auir. 1 1H«5.
Built by No. Pacific.
Built by No. Pacific.
Consol., Jan. 24, 188a
Reorg., Nov. 1, 1869.
December 1,1879.*

So. Prairie. Wash. Ty., to Coal Mines
Puyallup Jc. to Stack Jc.,Wash. Ty..
Collingwood to Meaford, Ont. ....'..
Jon wall, Pa., to Union Canal
Delta to Monroe, La

10.40
7.00
20.50
7.47
73.00

North Lebanon
North La. & Texas

Vicks., Shreve. & Pacific.

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

RAILROADS MERGED IN OTHER LINES.

1195

LIST OF RAILROADS MERGED IN OTHER LINES-

NAME OF OLD COMPANY.

TERMINI OF COMPLETED ROAD

NAME OF COMPANY

BY WHICH ACQUIRED, OR! WHEN AND HOW
TO WHOSE STATEMENT ACQUIRED BY EXIST-
REFERENCE SHOULD ING COMPANY.

BE MADE.

North Missouri

North New Jersey

North River

North Shore (L. I.)

North Shore (Can.)

North Shore & Pt. Wash. .
Northwestern . . .

\ St. Louis, Mo., to Iowa State Line. 234.75
Moberly to Kansas City. Mo ....... 126.00

'

Wflhf,ah
VV al

Tnlv ».
., July 89,

. .......

iThro'WaterGaptoCentre'Del.Riv.N.J 2.40 N. Y.. Stisq. & Western. . Consol. in June, 1881.

SWeehawken to Ft. M'ttromt-ry. N. Y 38.00 West Shore .............. Nov. 24, 1885.*

----- - = — ~— .— — 6.29L. I. City A Flushing ..... Reorg., Mar. 11, 1881.

Northwestern Grand Trunk

Northwestern Ohio

Northwestern Ohio

Northwestern Union

Northwestern Virginia

North Wisconsin

Oakdale & Cumb. Mtn

Oakland & Ottawa

Oakland & Township

Oakley & Colby

Ocean Ci.y

Ogdensburg

Ogd. A Morristown

Ogle & Carroll County

Ofiio&Bal. Short L.,W.Div..

Ohio & Indiana

Ohio & Indianapolis

Ohio & Indianapolis

Ohio & Ind. State Line

Ohio & Pennsylrania

Ohio & Toledo. ..

Ohio & West Virginia

Ohio Central. .. ...-}

Flushing to Great Neck, L. I

St. Martin's Jc. to Quebec, Que 159. 10 Canadian Pacific

No road built by this Company '

No road built by this Company

t Port Huron to Flint, Mich 66.00

Purch., Sept. 20, 1885.

L. I. City & Flushing . . . Reorg.. Mar. 11, 1881.
Western Pennsylvania. . . July 5, 1859.*

. Valparaiso, Ind., to Chicago. HI... 50.00

No road built by this Company

Nord.,Con. 1871, into Chic. & Can. So.

Milwaukee to Fond du Lac., Wis. .

Grafton to Parkersburg, W. Va

N. W. June, to Granite Lake, Wis.

Junction to Oakdale Furnace, Tenn

No road built by this Companv

Alameda Point to Oakland, Cal

Oakley to Colby, Kan

Sea Isle City to Ocean City, N. J. . .
Ogdensburg to Rouse's Point, N. Y

|- Chic. & Grand Trunk . . | Consol., Apr. T. 1880.

Wabash Consol., July 29. 1889.

Abandoned in 1888.

<;2. 63 Chicago & North western.! Consol.. June 7. 1883.
|1<>4.00 Parkersbarg Br. (B. & O.),Name changed.
60. (X^ Chic., St. P., Minn.£ Om.| Consol., June 1, 1880.

9.16 East Tenn., Va. & Ga. . . . [Purchased in 1887.

Det., Grand Haven & Mil.

2.10 South Pacific Coa^t

September 4. 1878.*
Consol., May 2%, 1887.

21.96 U. P.. Lincoln & Colorado Consolidation, 188-8.

11.25 West Jersey Consol., Aug. 27. 1885.

,_.. _ . HS.OOiOgd. & L. ( hamplain 'Reore., Aug. 1. 1865.

Ogdensburg to Morristown, N. Y . . . 10.67iUtica & Black River Consol., Mar. 18. 1886.

No road built by this Company (Chicago & Iowa ! Consol., June 1,1870.

Zediker to Washington, Pa i 3. 90j Wheeling, Pittsb. & Bait. Consolidated in 1888.

Crestline, O..to Fon Wayne, Ind. .. 187.00 Pitts.. Ft. W. & Chicago.. October 24, 1861.*

No road built by this Company Cin.. Hamilton & Indpls. . INovember 26, 1872.*

No road built by this Company j I Jeff.. Madison & Ind Con*!., Apr. 30. 1866.

iNo road built bv this Company Ohio, Ir.d. & Western. . . . ;Marrh 28, 1887.*

River Division.

Buckingham Branch

Ohio, Indiana & Missouri.
Ohio, Indiana <fc Pacific. . .

Oil City & Chicago

Oil Cifv & Pithole

Oil Creek -

Oil Creek & Alleg. Riv

Old Colony & Fall Riv

Old Colony & Newport

Old Orchard Junction

Old Town & Lincoln

Olean

Olean & Salamanca

Olympia & Tenino

Omaha & No. Neb

Omaha & North Platte. . . .
Omaha <fc Northwestern. . .

Omaha & Southwestern. . .

Omaha Belt . . .

Om., Niobrara & Bl. Hills

Ontario, Simcoe & Huroi

Ontario Southern

Ontonagon & S. Line

Opelika & Talladega

Opelika & Tuscumbia. . .

Orange & Alexandria

Orange, Alex. & Manassas .

Allegheny City. Pa., to Crestline, O.

Carfollton to Oneida. O

Logan to Pomeroy, O

Toledo to Corning, O

Thurston to Alum Creek. O

Corning to Middleport. O

Pt. Pleasant, O , to Chariest., W.Va.

Sertalia to Shawnee. O

Ottawa to Gk-ndorf . O

No roud built by this Company

See 1883 MANUAL, page 290

Pithole City to Oleapolis, Pa

Corry to Petroleum Centre, Pa

Corry to Irvineton, Pa.. & Brs

See 1885 MANUAL^ page 76

See 1885 MANUAL, page 76 ...
Jc.P.,S.& P.RR.to O. Or'd B'ch..Me.'
No road built by this Company

181. 00 Pitts., Ft. W. & Chicago. October 24, 1861.*

12.00 Cleveland & Canton May 9, 1885.*

82.50'Col., Hock. Val. & Tol. . . Consol., Aug. 20, 1881.

173.50
24.40
57.00
58.00
12.00

October 15, 1885.*

50 American Midland Consolidated in 1888.

Ohio, Ind. & Western . . . .March 28. 1887.*
West New York & Penn. September. 1887.*

7.00 Abandoned about 1876 . . . !

37.00 West. New York & Penn. September. 1887.*
123.00 West. New York & Penn. September, 1887.*

Old Colony Consol.. Oct. 1, 1872.

Old Colony ! Consol.. Oct. 1, 1872.

2.50 Abandoned and rails toru|up in 1885.

European & North Amer. By purchase in 1864.

17.13

30.09
15.00

Oreg. Centl., of Salem

Oreg. Centl., of Portland

Orion & Miuoreville

Osaire Valley & So. Kansas...

Oshkosh & Mississippi

Ottawa & Burlington

Ottawa & Prescott

Ott.. Os\v. & Fox Riv. Val . . .
Ottumwa, Cedar Falls &St. P.
Owensboro & Russellv . . .

See MANUAL for 1885, page 656.. .

No road built by this Company

No road built by this Company

Alexandria to Gordonsville, Va

Charlotte^ville to Lynchbure, Va

Alexandria to Gordonsviile. Va

iCharlottesville to Lynchburg. Va. ..

Manassas to Harrison burg. Va

Warrenton & Front Royal Branches.

No road built by this Company

: Portland to St. Joseph, Oregon.. .

lOrion to Minorsville, 111

iBooneville to Tipton, Mo

Ripon to Oshkosh, Wis

Ottawa to Burlington. Kan

Ottawa to Prescott, Ont

Geneva to Streator, 111 ...

Belle Plaine to Muchakinock. la. . .

88.30
59.50
88.30
59.50
112.00
10.00

[- Tol. & Ohio Cent : April 15, 1885.

) -I

}• Kanawha & Ohio. . .

Olean to Bolivar, N. Y : 18.00 Lack. & Pittsburgh Cousol., June 1.

No road built by this Company ! Western New York & Pa. September, 1887.*

Olympia to Tenino. Washn 15.50 O'vmpia & Chehalis Val. . Name changed. 1881.

Omaha to Tekamah, Neb ! 47.00 Chic.. St. P., Minn & Om. Consol., June 1, 1880.

Omaha Stock Yards to Schuyler,Neb.] 76.58 Chicago, Burl. & Q.uincy. Built bv C , B. & Q.

Omaha to Tekamah, Neb ; 47.00 Chic., St. P., Minn. & Om. Consol", June 1, 1880.

Omaha to Oreopolis, Neb

Crete to Beatrice, Neb

Papilion June, to Omaha, Neb

See 1887 MANUAL, page 852 ! Omaha & Repub. Valley. Consoh in 1887.

Toronto to Collingwood, Ont i 94.96 Grand Trunk Consol., Jan. 24, 1888.

Sodus Point to Stanley. N. Y. . . 34 10 Elmira & L. Ontario. Consol., Dec. 31, 1886.

Chicago & Northwestern!

Columbus & Western . . June 5, 1880.*
Columbus & Western June 5, 1880.*

f Chicago, Burl.& QuincyThr'ghB.&M.R.inNeb
Missouri Pacific. Built by Mo. Pacific.

[- Virginia Midland December 20, 1880.*

1

J- Virginia Midland.

Oregon & California..

46.70 Oregon & California

7.COiChicago, Burl. & Quincy.

December 20, 1880.*
Reorg., Mar. 17, 1870.

Pure

rg., A
ch. in

Oct. 1880.

Thr'ghSt. L..R.I.&C.

25.00 Boonev., St. L. & So Reors.. Jan. 11. 1878.

19.09|C.,M. & St. P. (No. Div. - 888 M .xrAL.p.391.

4fi. 00 Southern Kansas >... .Consol., July 1- .

54.00 Canadian Pacific i Purch. Jan/1, 18

68.14iChicairo. Burl. & Quincy. Perpetual

64.00 Chicago & Northwestern. Consol. in 1884-85.

jOwensboro to Strpud City, Ky | 36. C0| Owensboro & Nashville. . May 29, 1876.*

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

1196

RAILROADS MERGED IN OTHER LINES.

LIST OF RAILROADS MERGED IN OTHER LINES— Continued.

NAME OP OLD COMPANY.

TERMINI OP COMPLETED ROAD
AT THE TIME OP ITS ACQUIREMENT

LENGTH IN
MILES.

NAME OP COMPANY
BY WHICH ACQUIRED, OB
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

Pacific of Missouri

St. Lonis to Kansas City, Mo.
Pacific to Rolla, Mo .'.
War.,Kan.,to N.lineof AdamsCo.Neb
Elizabethtown to Paducah, Ky
Paducah, Ky., to Troy, Tenn
Paducah, Ky., to Trimble, Tenn ....
Memphis to Covington, Tenn

283.37

77.00
73.00
185. 70
63.. 50
78.00
37.00

Missouri Pacific
St. Louis & San Francisco
Missouri Pacific
Ches., Ohio & S. W.

September 6, 1876.*
September 8, 1876.*
Built by Mo. Pac.
Consol., Jan. 26, 1882.
Consol., Jan. 26,1882.

Consol., Jan. 26, 1888.

JuneS, 1886.*
June3, 1886.*

Consol., May 4, 1888.

Consol April 4, 1886.
Name changed 1872.
January 1, 1875.*
January 1,1875.*
Consol., May 14, 1868

Southwestern Br
Pacific Ry. in Nebraska
Paducah & Elizabethtown
Paducah & Gulf

Ches Ohio & S. W

Paducah & Memphis •<

j- Ches., Ohio & S. W....

Pitts., Painesv. & Fairp't
Pitts., Painesv. & Fairp't

Painesville & Hudson

No road built by this Company. .

Painesv. & Youngstown
Pajaro & Santa Cruz

Fairport to Youngstown, O
Pajaro to Santa Cruz, Cal.

62.30
21.20
7.00
70.00
7.50

'25166
42.00
103.10
74.00
16.10

'ioiso

31.25

Palatka & Indian River

Aptos to beyond Monte Vista, Cal.. .
Palatka to Sanford, Fla.

Jax., Tampa & Key West
Whitneyv. & Machiasport
Ohio & Mississippi .

Palmer & Machiasport
Paria & Springfield
Pana,Spr'f'd & Northwestern.
Pan Handle

Whitneyville to Machiasport, Me
No road built by this Company
Springfield to Taylorsville, 111
Birmingham, Pa., toSteubenville, O.
Danville to Lawrenceville, 111
Paris to Decatnr, 111 . .

Dhio & Mississippi
Pitts., Cinn. & St. Louis.
Cairo, Vincennes & Chic.
Terre Haute & Peoria
•>t. Louis & San Francisco
Terre Haute & Peoria
Pittsburgh & Western
Kan. City & Pacific
Passaic & Delaware...
Pat., Newark &N.Y .
N. Y., Susq. & Western. .
Cinn Jackson & Mack

Paris & Danville

Paris & Decatur

September 30, 1886.*
Built by St. L.&S.F.
September 30, 1886.*
Consol., Sept. 25, 1883.
Purch., Aug. 1, 1887.
Reorg., Oct. 8, 1878.
Name changed, 1872.
Consol., in June, 1881.
Consol., Feb. 12, 1886.
Consol. in 1887.
December 20, 1881.*
Cousol.,Nov. 17, 1879.
Consol., May 1, 1883
Consol., Oct. 13, 1883.
Consol., Oct. 13, 1883.
Reorganized in 1688.

Consol., in Oct., 1864.

Reorg., Sept. 17,1881.
Consol., April 7, 1880.
Consol. in Aug., 1864.
Reorganized in 1881.
By purchase in 1881.
April 21, 1887.*

Paris & Great Northern

Paris, Tex., to Ind. Ter. Line . .

Paris & Terre Haute
Parker & Karns City. .

No road built by this Company
Karns City to Parker June., Pa
Coffeyville to Parsons, Kan
No road built by this Company.

Parsons & Pacific

Passaic Valley & Peapack
Patterson & Newark
Paterson Extension

Paterson to Newark, N. J
In City of Paterson N J

11.25
0.75
6 40

Paulding & Cecil

Paulding to Cecil, O

Paw Paw

Lawton to Paw Paw, Mich.
York to Delta, Pa
Pekin to Decatur, 111.

4.00
35.00
67.35
21.37
17.85
17.85
20.00
65.40
5.90

Toledo & South Haven . .
York & Peach Bottom
Peoria, Decatur & Evansv.
St. Paul, Minn. & Man. . .
Phila. & Long Branch
Phila & Long Branch
Fla. Cent. & Peninsular. .

j- Chicago & Northwest'n
N Y Phila & Norfolk

Peach Bottom (Middle Div.). .
Pekin, Lincoln & Decatur
Pelican Valley Br. (N. P. RR.)
Pemberton & New York
Pemberton & Sea Shore

Fergus Falls to Pelican Rapids,Minn.
Whiting's to Pemberton June., N. J.
Whiting's to Pemberton June. , N . J.
Waldo to Loochloosa, Fla
Escanaba, Mich., to Cleveland Mine.
Branches and extensions to mines. .
See General Index for.

Peninsula
Peninsula -J

Peninsula

Peninsular .

Lansing, Mich., to South Bend, Ind.
Penn Haven to White Haven, Pa. ...
Pomeroy, Pa., to Newark, Del
Newark to Delaware City, Del
No road built by this Company
Hawley to Lackawaxen, Pa ...
Winton to Priceville, Pa., & br'ches
Cumberland, Md., to Pa. t^tate-Line.
Columbia, N. J., to Wind Gap, Pa..
Deckertown to Papakating, N. J
Penn Yan to Dresden, N. Y.
No rail laid by this Company. .

120.00
16.00
26.70
11.79

'i5l87
9.00
4.56
13.20
5.10
6.i3

Chicago & Grand Trunk. .
Lehign Valley

Penn Haven & White Haven .
Pennsylvania & Delaware., -j

Pennsylvania & New England
Penna. Coal — Hawley Branch.
Pennsylvania Midland
Pennsylvania RR. in Md . ...

Pa., Slatington & New Eng. -j
Penn Yan & New York.

Pomeroy & Newark . . .

Phila.. Wilm. & Bait
Pa., Po'keepsie & Boston.
Abandoned

S. Y., Susq. & Western. .
George's Creek & Cumb. .

[ Pa., Po'keepsie & Bost.

Syr., Gen. & Corning
European & No. Amer. . .
Maine Central

Consol. in June, 1881.
Consol., Juue 16, 1888.

April 21, 1887.*

Consol. /Oct. 1, 1885.
By purchase in 1863.
Consol., Oct. 28, 1862.
Purch. in Feb., 1880.
Reorganized in 1888.
Purch. in Feb., 1880.
Consolidated in 1863.
Reorganized in 18b4.
Perpetual leafe.
Consolidate in 1863
April 4, 1877.*
Purch., Feb. 1, 1881.
September 30, 1886.*
Purch., Feb. 1, 1881.
Chic., Peoria & St. L
Consol. in April, 1881.
Purch., Mar. 15,1887.
Purchased in 1860.
Name changed, 1884.
Consol Mar. 26, 1889-

Penobscot

Penobscot & Kennebec
Pensacola
Pensacola & Georgia
Pensacola & Louisville
Peoria & Burlington
Peoria & Farmington

Waterville to Bangor, Me
Flomaton, Ala., to Pensacola, Fla.. .
See MANUAL for 1879, page 535
Flomaton, Ala., to Pensacola, Fla. . .
Galesburg to Peoria, 111
No road built by this Company

54.90
44.54
175.00
44.54
52.57

Louisv. & Nashville
?la. Cent. & Peninsular..
L,ouisv. & Nashville
Chicago, Burl. & Quincy.
3eoria Terminal
Chicago, Burl. & Quincy.
Chicago, Burl. & Quincy.
ilock Island & Peoria
3eoria & Pekin Union . . .
Terre Haute & Peoria
Peoria & Pekin Union
See General Index for
jehigh & Hudson River. .
Lake Erie & Western ....
Fitchburg

Peoria & Hannibal

Lewiston to Rushville, 111
Galesburg to Peoria, 111

32.61
52.57
91.00
9.20

Peoria & Oquawka

Peoria & Rock Island

Rock Island to Peoria, 111

Peoria & Springfield.

Peoria to Pekin, 111

Peoria, Atlanta & Dec

No road built by this Company .

Peoria to Pekin, 111

10.28
73.00

'75166
23.46
14.00
54.54
81.14
27.77
29.78

'soioo

5.80
16.22
7.00

Pequest & Walkill
Peru & Indianapolis
Peterboro' & Shirley

Pekin to Jacksonville, 111
No road built by this Company
Indianapolis to Peru, Ind

Groton June., Mass., to Mason, N. H.
Petitcodiac to Elgin, N. B. .

Petitcodiao & Elgin. . .

Elgin, Petit. & Havelock.
Atlantic City

Philadelphia & AtlanticCity..
Philadelphia & Columbia
Phila. & Long Branch Ry
Phila. & Sunbury

Camden to Atlantic City, N. J
Philadelphia to Columbia. Pa

Pennsylvania

Purch., Aug. 1, 1857.
Consol., Oct. 13, 1883.
Reorg., Mar. 25,1858.
Name chd. Oct. 3, 1853.

Consoi.',' May'8', 18711"
Purchased in 1880.

Whitings to Barnegat Bay, N. J
Sunbury to Mt. Carmel, Pa.. & bch.
No road built by this Company
Rob Roy to English, Ark
Pine Grove, Pa.,to Leb. & P.Gr. RR.
Lone Rock to Richland Centre, Wis.
Oleapolis to Pithole City Pa

3hila. & Long Branch RR.
Shamokin Val. & Pottsv.
North Pennsylvania
Pine BL, Monroe & N.C..
Phila. & Reading
Chic., Mil. & St. Paul....
Abandoned about 1876

Phila., East. & Water Gap . .
Pine Bl. & Swan Lake
Pine Grove & Lebanon
Pine Riv. Val. & Stevens1 Pt.
Pithole Valley

Pittsburgh & Erie

!^o road built by this Company
STo road built by this Company
!^o road built by this Company
See 1887 MANUAL, page 127

Erie & Pittsburgh

Reorg., Apr. 15, 1858.
Consol., Mar. 11, 1887.
Consol., Sept. 25, 1883.
Consol.. Mar. 11, 1887-

Pittsburgh & New York
Pittsburgh & Northwest
Pittsburgh & State Line

Buffalo, Roch. & Pittsb..
Pittsburgh & Western
Buffalo, Roch. & Pitts...

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

RAILROADS MERGED IN OTHER LINES.

1197

LIST OF RAILROADS MERGED IN OTHER LINES— Continued.

NAME OF OLD COMPANY.

TERMINI op COMPLETED ROAD

AT THE TIME OF ITS ACQUIREMENT.

NAME OF COMPANY

BY WHICH ACQUIRED, OR

TO WHOSE STATEMENT

REFERENCE SHOULD

BE MADE.

WHEN AND H >w
ACQUIRED BV EXIT-
ING COMPANY.

Pittsb. & Steubenville

Pitts., Bradf. & Buff

Pitts., Castle Shan. & Wash

Pitts., Col'p & Cinn

Pittsburgh, East & West

Pitts., Kitt'n'g & Warren

Pitts., L. Erie & Western

Pitts., Maysv. & Cinn

Pitts., Mt. Vernon & Spgfld. .
Pitts., Mt. V., Col. & Lond.. .
Pittsb., N. C. & Lake Erie. . .

Pittsburgh Southern

Pitts., Titusv. & Buff

Pittsburgh RR. & Canal

Pitts., Washn. & Baltimore..
Placerv. & Sacramento Val. . .

Plain view

Platte County

Plattsb'g & Montreal

Pleasant Hill & De Soto

Pleasantv. & Ocean City

Plym'th & Vineyard Sd

Plym., Kankakee & Pac

Pomeroy & State Line

Portage & Superior

Portage, Stevens Pt. & Sup.
Portage, Winnebago <fc Sup..

Port Clinton

Pt. Dickins'n & Chen. Riv...
Port Dover & Lake Huron . .

Birmingham, Pa., to Steubenville, O.

. See 1884 MANUAL, page 336

. Castle Shannon to Finleyville, Pa. . .

No road. Operated the

No road bnilt by this Company

No work done by this Company

No road built by this Company

No road built by this Company. . . .

See Spgfld., Mt. Vernon & Pitts

See General Index for

Etna to Zelienople, Pa

( Pittsburgh to Finleyville, Pa

"f Finleyville to Washington, Pa

See 1881 MANUAL, p. 315

E. St. Louis to "Bluff s," 111

Pitts. & Connellsville was so styled

Folsom to Shingle Springs, Cal

Eyota to Plainview, Minn

4:2. 00 Pitta., Cinn. & St. Louis.

Pittsburgh & Western

12,30 Wheeling, Pittsb. & Bait.
Pitts., Cinn. & St. Louis.

. . Pittsburgh & Western . . .
Allegheny Valley

. . Pittsburgh & Western

Cinn., Wheeling & N. Y. .

Cleveland. Akron & Col. .

Cleve., Akron & Col

30. 00! Pittsburgh & Western... .

17 56 Abandoned

18.64 Wheeling, Pittsb. & Bait.
Western New York & Pa.
7.00 Illinois & St. Louis

Consol.,Mayl4, 1868.
Consol.,Sept. 55,1883.
Consolidated in 1888.
prior to cons, in 1868.
Consol., Sept. 25, 1883.
Reorg., Apr. 14, 1852.
Consol., Sept. 85, 1883.
By purch. East. Ohio.

June 9, 1882.*
Consol., Sept. 23, 1883.

about

1875.

Consolidated in 1888.
September, 1887.*
Name chgd.Feb.16,'65

Weston to Savannah, Mo

Plattsbnrg, N. Y., to Canada Line. . .

Pleasant Hill, Mo., to De Soto, Kan.

Pleasantville to Somers Point, N. J.

No road built by this Company

No road built by this Company

IPomeroy, Pa., to Newark, Del

j No road built by this Company

. No road built by this Company

. No road built by this Company

Sandnsky to Milbury, O

. Junction to Chenango River, N. Y..
. Stratford to Port Dover, Ont

Port Huron & Lake Mich. . .
Port Huron & Milwaukee . .

Port Kennedy

Portland & Kennebec

Portland & Ogd. (Vt. Div.).

Portland & Oxf'd Cent

Port Royal

Portsmouth & Concord

Portsmouth & Roanoke

Ports.. Newmkt. & Cone. . .
Ports., Newmkt. & Exeter .

Potsdam & Watertown

Pottsville & Mahanoy

Po'keepsie & Eastern

Po-keep.. Hartford 4 Bost.

Pratt Coal & Iron
Providence & Bristol
Prov. & Plainfield
Pueblo & Ark. Valley
Pueblo & S.-ilt Lake. . ..
Putnam «fe Dulchess

Port Huron to Flint, Mich

No road built by this Company

Port Kennedy to Lime Kilns, Pa

See Kennebec & Portland

Lunenburg to Maquam Bay. Vt

Mechanics Fulls to Canton, Me

Port Royal. S. C.. to Augusta, Ga. . .
I Portsmouth to Manchester, N. H..

'/ Concord to Suncook, N. H

Portsmouth, Va.. to N. C. State-Line

No road built by this Company

No road built by this Company

. • Watertown to Potsdam. N. Y

Pottsville to New Boston, Pa

See Po'keep., Hartford & Bost.. fol.

26.50 Northern (California). . .
15.0l'Winona&St.P.(C.&N.W.) Consolidat
50.00lKan. C.,St.Jo.&Coun. Bl.

New York & Canada

44.89K. Cy.. Clin. & Spgfd

7.00 West Jersey & Atlantic. .

Old Colony

Indiana, 111. & Iowa

26.70 Pomeroy & Newark

Wisconsin Central.

Wisconsin Central.

Wisconsin Central.

40.00 Lake Shore & Mich

0.50 Oper. susp. in Nov.. 1884.
63.00 Gr.Tr.,Georg'nBay,fc L.E.

Midland of Canada

66 Chicago & Grand Trunk..
. . Chicago & Grand Trunk. .

1 20 Phila. & Reading

72.00 Maine Central

120 08 St. Johnsb. & L. Champl.
27.50 Rumford Falls & Buckf. .
112.00 Port Royal & Augusta

40 00 I" Concord & Portsmouth.
50 Seaboard & Roanoke

Concord & Portsmouth..

Concord & Portsmouth. . .

36 Rome, Watert. & Ogd

80 Pa. Schuylkill Valley....

39.79

Quakake .....................

Quebec & St. Andrews .......

Que.,Mont.,Otta\va&Occid'tal

, Alton * S,. LouU . . .

See 1885 MANUAL, page 464 ..........

No road built by this Company . .
No road built by this Company. .
W. Line. Kan., to Coal Creek, Col. . .
No road built by this Company ......

Project abandoned. See statement

Catawissa Jc. to Beaver Mead.Jc.,Pa.
No road built by this Company .....
See 1883 MANUAL, page 987 ......

Quincy & Carthage

Quincy & Chicago

Quincy & Palmyra

Quincy & Toledo

Quincy & Warsaw

Quincy, Mo. & Pacific

Rabun Gap

Rab. Gap Short Line

Racine & Mississippi

Racine, Janesv. & Miss

Ramona & San Bernardina. . .

Randolph & Bridgewater

Rantoul

Raritau & Delaware Bay

No road built by this Company.
Galesburg to Quincy, 111 .........

1 Palmyra, Mo., to W. Quincy, 111.

IMeredosia to Clayton, 111

'Carthage to Quincy. 111. . . .

W. Quincy to Trenton, Mo

jNo road built by this Company. .

No road bnilt by this Company

Racine, Wis., to Freeport, 111 '.'.'.

No road built by this Company

No road built by this Company

See 1885 MANUAL, page 76

West Lebanon, Ind., to Leroy, 111...

i Port Monmouth to Atco, N. J

"| Eatontown Jc. to Long Branch,N. J.

187.
' for "
14.09

So.

Consol., May 4, 1888.
Consolidated in 1881.
Consol.. July 11, 1870.
Consol., Feb. 5, 1873.
Consol., Jan. 20, 1885.
Consol., Jan. 1, 1883.
Consol., Oct. 1. 1872.
Purchase in 1881.
Reorganized in 1881.
) Name changed Feb.
V 4, 1881. See 1888
I MANUAL, p. 1118.
Consolidation in 1869.

Consol., April 12, 1881.
Name changed, 1869.

Consol., Apr. 7, 1880.
Consol., Apr. 7. 1880.
Consol., June 9, 1872.
onsol.,Feb.26. 1873.
Reorg., July 1, 1880.
Reorg., March 3, 1874.
June 9, 1878.*
Reorg., July 14, 1855.

Consol., Feb. 22. 1849.
Reorg., July 14. 1855.
Reorg., July 14, 1855.
Consol., Oct. 1. 1«61.
Consol., Nov. 8, 1886.

New York & Massachu's.
Hartford & Conn. West'n

10.00 Abandoned

Reorg., Jan. 22, 1887.
January 26, 1834.*

Prov., Warren & Bristol..
New York & New Engl'd
25 Atch., Top. & Santa Fe. .

Atch., Top. & Santa Fe. .
New York, Westchester,

Lehish Valley

New Brans. & Canada . .
Canadian Pacific

48.26 Chicago, Burl. & Quincy,

Chicago, Burl. & Quincy.
100.00 Chicago, Burl. & Quincy.
77 Hannibal & St. Joseph. . .

. Burl. & Quincy.
Qnincy, Om. «fc Kan. City.

29.10 Wabash
39.75 Chicago
134.51 '

Knoxville & Augusta —

Knoxville & Augusta ____
104 00 Chic., Milvv. & St. Paul.

Chic.,Milw. & St. Paul.

Southern Pacific .........

Old Colony ..............

74.43 Illinois Central ..........

Consol., July 9. 1853.
Reorg. in 1878.
Built by Atchison.
Purch. In 1880.
and Putnam.

Purchased in 1864....
Name changed.
Purch. June 9, 1881.

Perpetual lease, 1876.

See Quincy&Warsaw.
By purchase in 1860.
Purch. about 1867.

onsol.. July 29. 1889.
Perpetual lease, 1870.
Reorg. in 1888.

Consol., Oct. 18, 1881.
IConsol., Oct. 18. 1881.
Sec West. Union.
See West. Union.
Consol., May 4, 1888.

- Central of New Jersey.

Purch. in Oct., 1886.*
Consolidated in 1888.

Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

1198

RAILROADS MERGED IN OTHER LINES.

LIST OF RAILROADS MERGED IN OTHER LIKES- Continued.

NAME OP OLD COMPANY.

TERMINI OF COMPLETED ROAD
AT THE TIME OF ITS ACQUIREMENT.

NAME OF COMPANY

BY WHICH ACQUIRED, OR

TO WHOSE STATEMENT

REFERENCE SHOULD

BE MADE.

WHEN AND HOW

ACQUIRED BY EXIST-

ING COMPANY.

Reading & Lehigh

Reading & Pottsville

Red Bank & Youngstown. . .

Red Oak & Atlantic

Red Riv. & L. of the Woods

Red River & Manitoba

Red River Valley

Reno, Pithole & Oil Creek.

Republican Valley

Republican Valley

Repub. Val. & Kansas

Rhmebeck & Conn

Rhode Island Central

Richm'd, Alleg. & Ohio Cent

Rich Hill

Richmond & Covington

Richmond & York River

Ridgefield Park

Rio Grande & El Paso

Rio Grande & Pecos

Rio G., Mex. & Pacific

Ripley

Ripon & Wolf River

Riverview

Roanoke . . .

Roanoke Valley

Rochester & Charlotte

Rochester & Lake Beach

Rochester & L. Ontario

Rochester & Lockport

Rochester & Ontario Belt . . .

Rochester & Pine Creek

Rochester & Pittsburgh

Rochester & State Line

Rochester & Syracuse

Roch. & Syr. Direct

Roch., Lockp. & Niag. F'ls .
Roch., Nunda & Pa

Roch., Nunda & Pa

Rochester & West. Minn

Rockaway

Rockf'd, Rock Isl'd & St. L.
Rocklsl. &LaSalle... .V . .

Rock Isl. & Mercer Co

Rockland Central

Rockport & N. Central

Rock River

Rock Riv. Val. Union

Rockton & Freeport

Rocky River

Rogersv. & Jefferson

Rome & Carrollton

Rondout & Oswego

Rooks County

Root Riv. Val. & So. Minn. .

Roslyn <fc Kuntington

Royal Land Co.'s R.R

Rushville & Lawrenceburg. .

Rutland & Burlington

Rutland & Washington

Sabine and East Texas

Sabine & Galveston Bay ,

Sabula, Ackley & Dak

Sacketts Harbor & Elliot

Sacketts Harbor & Saratoga. ,
Sacramento and Placerville. .

Sacramento Valley ,

Saginaw & Mt. Pleasant

St. Charles

St. Clair

St. Clair & Chic. Air Line
St. Clair, Pontiac & Jackson
St. Clairsville

Reading to Slatington, Pa

Reading to Hamburg, Pa

No road built by this Company

Red Oak to Griswold, la

Shirley to St. Hilaire, Minn

Breckenridge to Barnesville, Minn. .
Crooks ton to Fishers' Landing, Minn

In Venango Co., Pa

See General Index for jggf

Greenleaf t3 Concordia, Kan .

Republican, Neb., to Kan. State Line
Rhinecliff, N. Y., to Boston Corners.

Auburn to Oakland Beach, R. I

See 1885 MANUAL, page 562, fourth 1
( Miami, Kan., to Carbon Centre,Mo.

1 Rich Hill to Coal Mines

Bradford Jc., O., to Ind. State Line. .

Richmond to West Point, Va

No road completed by this Company

New Mex. Line to El Paso, Tex

Laredo to Santa Tomas, Tex

j San Marcial to Deming, N. M

) Rincou, N. M., to Texas Line

Ripley, Miss., to Middleton, Tenn. . .

Rush Lake to Omro, Wis

No road built by this Company

Virginia State Line to Weldon, N. C.

) Ridgeway to Clarksville, Va

1 Clarksv'e to Keysy'e(uncompleted)

No road built by this Company

See Rochester & Ontario Belt

Rochester to Charlotte, N. Y

Rochester to Lockport, N. Y

Ave.E.,Roch't'r,toW'dsorBch.,N.Y.

Perry to Silver Springs, N. Y

See 1887 MANUAL, page 125

Rochester, N. Y., to Salamanca, Pa.

Rochester to Syracuse, N. Y.

Rochester to Syracuse, N. Y

Rochester to Niagara Falls, N. Y

See 1887 MANUAL, page 125, for J^"

j Mt. Morris to Nunda, N. Y

) Nunda to Swains, N. Y

Rochester to Zumbrota, Minn

Far Rockaway to Rockaway B. , N.Y.
See 1888 MANUAL, page 379, '
No road built by this Company.

Milan to Cable, 111

No road built by this Company

No road built by this Company

Janesville to Afton, Wis

Fond du Lac to Minnesota Jc., Wis.

No road built by this Company

Cleveland to Rocky River, O

Rogersville Jc., to Rogersville, Tenn.

Rome to Cedartown, Ga

Rondout to Stamford, N.Y

Alton to Stockton, Kan

No road built by this Company

See 1883 MANUAL, page 145, for J^g^
Fredericksburg to Orange C. H., Va.

No road built by this Company

Bellows Falls to Burlington. Vt

Rutland, Vt., to Salem, N. Y

Sabine Pass to Rockland, Tex

No road built by this Company

Sabula to Marion, la

Sacketts Harbor to Pierpont, N. Y. . .

No road built by this Company

Sacramento to Shingle Springs, Cal..

Sacramento to Folsom, Cal

E. Saginaw to Mt. Pleasant, Mich. . .

Geneva to St. Charles, Wis

No road built by this Company

Ridgeway to Shelby, Mich

No road built by this Company

St. Clairsv'e Jc. to St. Clairsv'e, O..

41 .20 Schuylkill & Lehigh

18.39 Pa. Schuylkill Valley ....

Pittsburgh & Western

18.10 Chicago, Burl. & Quincy.
21. 55 St. Paul, Minn. & Man...
30.00 St. Paul, Minn. & Man. . .
10.75 St. Paul, Minn. & Man. . .
15.00 Abandoned in 1868 and rails torn

Chicago, Burl. & Quincy.
41.60 Atchison, Col. & Pacific..

ro-.w n-t^/iii..3vyii, v/wi. uy A nvutVi .

8.50 Chicago, Burl. & Quincy.

>K Ofl TToW fr\i*r\ &r C*f\nr\ \X7 *i <s «• * T»

Reorg., June 7, 1880.
Consol., Oct. 23, 1885.
Consol., Sept. 25, 18*3.
See '88 MANUAL,p.382.
Built by Co. in 1883.
Purch., June 21, 1879.
Purch., June 21, 1879.

up.

See '88MANUAL,p.382.
Consol., June 23, 1879.
See'88MANUAL,p.382.
Purchased in 1882.
Purchased in 1880.

108 Al

35.20 Hartford & Conn. West'n

8.60 N. Y., Proy. & Boston. . .
Consolidation annulled. . .
22.76 I Kan. City, Ft. Scott &

4.78 i Memphis

32.50 Chic., St. Louis & Pittsb.
38.50 Rich., York Riv. & Ches. .

I West Shore

20.15 See Atch., Top. & S'ta Fe.
27.00 Rio Grande & Eagle

aa ^ ' See Atch., Top. &Sa. Fe Perpetual lease.

Consol., Oct. 23, 1888.

See'88MANUAL,p.401.
May 2, 1872.*
November 24, 1885.*
Perpetual lease.
Pas^s December 17, 1884. *

129.04
57.04

25.00 Ship Island, Riple
9.50 Chic.,Mil.& St.P.,No.Div.
Interstate Consol. R. T. . .
10.50 Seaboard & Roanoke..

35.88

Richmond & Mecklenb'g.

Buff., Roch. & Pitts

Rome.Watert'n & Og.Ter.
6.88 N. Y. Cent. & Hud. Riv. .
53.50 N. Y. Cent. & Hud. Riv..
5.97 Rome,Watert'n & Og.Ter.
6. 86 Silver Lake

Buff., Roch. & Pitts..

Buff., Roch. & Pitts

104.00 N. Y. Central & Hud. Riv.
80.70 N. Y. Central & Hud. Riv.
74.75 N. Y. Central & Hud. Riv.

Buff., Roch. & Pitts

8.25 Abandoned

11.75 Rochester, N. Y. & Pa...

24.48
2.00

5.53

Abandoned about 1863 .

Reorganized in 1878.
See '88 MANUAL,p.391.
Consol., Mar. 22, ^.Sb7.
Consol., Feb. 22, 1849.

Reorg. about 1881.
Consol., Mar. 11,1887.
Consolidated in 1888.
Purchased in 1853.
Consol., Nov. 1, 1869.
See Roch. & L.Beach.
June 1, 1886.*
Consol., Mar. 11, 1887.
Consol., Mar. H,1887.
Consol., Nov. ], 1869.
Consol., Nov. 1,1869.
Consol., Nov. 1, 1869.
Consol., Mar. 11, 1887.

, . .

Win.&St.Peter(C.&N.

Long Island

St.L.,R.I.& Ch.(C.,B.&Q.)
Ihic., Rock Isl'd & Pac. .
Rock Island & Peoria. .

West Shore

Louisv., Ev. & St. Louis..
.10 Chicago & Northwestern.
29.00 Chicago & Northwestern.
Chic.,Milw. &St. Paul...

N. Y., Chic. & St. Louis.

15.50 Tennessee & Ohio

22.00

Chatt., Rome & Col

74.00 Ulster & Delaware

18.00 Missouri Pacific

Chic., Milw. & St. Paul . .

Long Island

Rebuilt in 1882.
W.) Consolidated in 1881.
Consol., April, 1889.
July 13, 1875.*
Consol., Aug. 20, 1866
999 years' lease.
November 25, 1885.*
Consol., Oct. 5, 1881.
Acquired in 1880.
June 2, 1859.*
See West. Union.
Purchased in 1881.
Purch. in Oct., 1884.
Name c'd, Aug. 29,'87.
May 1, 1875.*
Built by Mo. Pac. ,'86.
Purchased in 1880.

38.50 Pot., Fred'ks'b'g& Pied.
Cin.,Ind.,St.L. & Chic..

120.00 Rutland

44.73 Rensselaer & Saratoga . . .

Reorg., May 13, 1878.
See '86 MANUAL, p. 39
Reorg., July 1, 1867.
Purchased in 1868.

57 Texas <fc New Orleans

Texas & New Orleans . . .
86.80 C.,M.&St.P.(C.&C.

18.50 Abandoned about 1860.
Adirondack

47.71 Northern (California)

22.98 Northern (California). . . .

14.51 Flint & Pere Marquette .
2.40 Chicago & Northwestern

Illinois & St. Louis

20. 80 Michigan Air-Line

Michigan Air-Line

6.50 Bellaire & St. Clairsville

Purchased April, 1883.
Name changed.
B.Div) Consol. in Feb., 1874.

September 29, 1881.*
Consol., May 4, 1888.
Consol., May 4, 1888.
Purchased in 1880.
Consol., June 7, 1883.
Name changed.
November, 1875.*
November, 1875.*
December 16, 1866. *

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

RAILROADS MERGED IN OTHER LINES.

1199

LIST OF RAILROADS MERGED IN OTHER LINES- Continued.

NAME OP OLD COMPANY.

TERMINI OP COMPLETED ROAD
THE TIME OP ITS ACQUIREMENT.

St. Cloud & Lake Traverse. . . Morris to Brown's Valley, Minn. . . .

St. Cloud, Mankato & Austin St. Cloud to Richmond. Minn

St. Croix & Chippewa Falls . . j No road built by this Company

St. Croix Branch (N. B. Ry. ).| N.Brunswick Line to Vanceboro, Me.
St Fiancisv. & Lawrencev. . . jst. Francisv'e to Lawrencev'e, 111. . .
St. Helen, Houghton L. & W. Curtisville to Pine Ridge, Mich... .

St. John's & Indian River TitaBville to Salt Lake, Fla

St. Joseph & Atchison No road built by this Company

St. Joseph, Mo., to Hamburg, la. . . .

Ehvood, Kan., to Hastings, Nob

> Altamont to St. Joseph, Mo

/ South St. Joseph to Rushville, Mo.

Bonne Terre to Summit, Mo

Albany to St. Joseph. Mo

See 1886 MANUAL, page 5*8

Napier to Boswell, Mo

Elwood to Marysville. Kan

13.00

St. Jo. & Council Bluff*
St. Jo. & Denver City

St. Joseph & Iowa

St. Joseph & Des Loge

St. Joseph & Des Moine<

St. Joseph A: Marysville

St. Joseph & Nebraska

St. Joseph & Pacific .

St. Joseph & St. Loui> St. Joseph to Lexington Jc., Mo

St. Joseph & Santa Fe St. Joseph to Winthrop, Mo

St. Joseph & Western Ehvood, Kan., to Hastings, Neb

St. Joseph Bridge !St. Joseph, Mo., to Elwood, Kan

St. Joseph Valley jBerrien Springs to Buchanan, Mich. .

St. Joseph Valley

St. Joseph Val. of Ind. ..
St. Louis & Cedar Rapids .
St. Louis & Central Illinois
SI. Louis & Edwardsville .

St. Louis & Emporia

St. L. & Iron Mountain.

St. Louis & Lexington...
St. Louis & Santa Fe ...
St. Louis & St. Joseph. . .

St. Louis & Southeastern

Kentucky Division

Tennessee Division

St. Louis, Alton & Chic

St. L., Alton & Rock Island. .

St. Louis, Ark. & Texas

St. Louis Central

St. Louis Coal.

. . Three Rivers to White Pigeon, Mich.

. . No road built by this Company

..ICoatesville, Mo., to Ottumwa, la

. Bates to Grafton, 111

. 'No road built by this Company

I >t. L. & E. J. to V.V., I. & W.J., Kan.

I K. & A. June, to end of Track, Kan.

I St. Louis to Belmont, Mo

4 Mineral Point to Potosi, Mo

( Bismarck to Pilot Knob, Mo

Lexington to Seel alia. Mo

Holden, Mo., to Paola, Kan.

NAME OP COMPANY

BY WHICH ACQUIRED, OR

TO WHOSE STATEMENT

REFERENCE SHOULD

BE MADE.

47.00 St. Paul, Minn. & Man. .
20. 15 St. Paul, Minn. & Man . .
Minn., St. Croix & Wis.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

Abandoned

0.75

6.80 Cairo, Vine. & Chicago.

Purchased in 1881.
Purch. in June, 1886.
CmiBol., June 30, 1884.

Abandoned

8.25 Abandoned about 188:2

Kan. Cy.,St. Jo. &Co. BI. Consol., July 11, 1870.
80.00 Kan. Cy., St. Jo. & Co. Bl. Consol., July 11, 1870.
!226.00 St. Jo. & Grand Island. . . Consol., June, 1885.

Chic., Rock Isl'd&Pac.

Purchased in 1888.
Name ch'd in 1886,

49.75

14.66| I

13. OOiSt. Joseph Ry.

48. i<l Chic., Burl. & Quincy. ... Built by C. B. & Q

St. Jo. & Grand Island... Consol., June, 1S85.

8.88 Kan.Cy., St. Jo.& Co. Bl.t jBuilt in 1880.
112. 00 St. Jo. & Grand Island... jConsol., June, 1885.
76.70,St. Jo., St. L. & Santa Fe Consol., Jan. 30, 1888.
19.00 St. Jo., St. L. & Santa Fe Ccnsol., Jan. 30, 1888.
226.00 St. Jo. & Grand Island. . . Consol., June, 1885.
1.00 St. Jo. & Grand Island. ..JConsol., June, 1885.

10.00 Suspen'd oper., Sept. ,1886!

12.00 Kalamazoo & W. Pigeon. JConsol., Sept. 24, 1869.

Michigan Air Line Consol., Oct. 11, 1870.

43.25 St. L.,Ottnmwa & C. Rap. Reorganized in 1874.*
71.4o!st. Louis, Alton & Spgnd. ~

No. Lexington to St. Joseph, Mo. . .
E. St. Louis, 111., to Evansville, Ind.

Junction to Shawneetown, 111

Belleville to O'Fallou, 111

Henderson, Ky., to Guthrie. Tenn. L.
Guthrie, Ky. Line to Nashville, Tenn.

JoliettoEast St. Louis, 111

No road built by this Companv

Plymouth, Mo., to Favetteville, Ark.

Murphysboro to Pinckneyv., Ill

Carbondale to Harrison Jc., Ill

St. L., Creve Cceur & St. Cb... St. Louis to Florissant, Mo

il Ft. Scott to Anthony. Kan
iEl Dorado to Newton, Kan
Newton to McPherson, Kan
:Oakwood Junction to Gilmore, Mo. .

St. L., Jacksonv. & Chic [Godfrey to Bloomington, 111

St. Louis, Kan. & Arizona ... I Paola to LeRoy. Kan

St. Louis, Kansas Cy. & No. . |See 1879 MANUAL, page 848

> Pleasant Hill, Mo., to De Soto, Kan.

I De Soto to Lawrence, Kan . . . .-

( Pleasant Hill, Mo., to De Soto, Kan.

- De Soto to Lawrence, Kan

f Lawrence to Carbondale, Kan

Albion, 111., to Indiana Line

SH- T«.n-H
St. Louis,

St. Louis, Lawr'ce & West.

St. L., Mt. Carmel & N. Alb

St. L.,RockIsl. &Chic

St. L., Salem & Lit. Ruck. . . .

See General Index for

See 1887 MANUAL, page 782.

age

St. L.,' Wichita & West lOswego to Wichita", Kan. . . .

St. Paul & Chicago St. Paul to Winona, Minn . .

St. Paul & Dakota ... . . No road built by this Compa

C1J. TV 1 C_ Tk««:i5A O -tCt^f\ *\T -, -. 0.-».» £

St. Paul & Pacific

St. Paul & Pacific (1st Div.) -j

See 1880 MANUAL, p. 82(5 for

St. Paul to Breckenridge, Minn

St. Paul to Sank Rapids. Minn

St. Paul & Sioux City St. Paul to St. James, Minn

St. Paul & St. Croix No road built by this Company

St. P., Stillwater & Tayl. Fls. St. Paul Jc. toStillwater, Minn.&brs.

St. Stephen's Branch See General Index for £3T°

Saginaw & Clare County Farwell, Mich., northward

Saginaw & Mt. Pleasant East Saginaw to Mt. Pleasant, Mich.

Salamanca, Br'fd & All. Riv. No road built by this Company

Salem. Elmer to Salem, N. J

Salem & Eastern Salem to Bog}' Mine, Mo

Salem & Lowell Lowell to Salem, Mass,

.jWabash.

Missouri Pacific.

Purchased in 1
Consol., July 29, 1S89.

Built by Mo. Pac.

19o!50 i
4.00 >-St. L., Iron Mtn. & So. Consol., May 6, 1874.

11.25 (

55. 25! Missouri Pacific Consol., Aug. 11, 1880.

53.00 Mo., Kan. & Texas jPurch., April 29, 1872.

72.25|St. Jo.. St. L. & Santa Fe. jConsol., Jan. 30, 1888.
UiO.tfl. /

41.50i '^Southeast & St. Louis.. November IS. 1880.*
5.90; I

98.00iL. & N., Henderson Div. . May 19, 1879.*

47.00 L. & N., Henderson Div. .: April 6, 1879.*
^43. 50 Chicago & Alton JReorg., Feb. 16, 1861.

St.L.,R. I.&C.(C..B.&Q.),July 13, 1875.*

69.83 St. Louis & San Francisco Consolidated in 1832.

23.50 St. Louis Southern.
9.40 St. Louis Southern

16.00 St. L., Cable & Western.
214.00 1

32.00 VFt. S., Wich. & West.

29.00 )

81. 75 St. Louis & Hannibal....
150.60 Chicago & Alton

Sr.OO Missouri Pacific

Wabash Consol.; Jufy 29, 1889.

44.89 Kan. Cy.,Clinton & Spgfd Consol., Jan. 20, 1885.

16.11 Kan.Cy.,Top.&W.(Atch.) Purch., Aug. 1, 1877.

dulUl* VyJ . ^ \J 11 a uv* *-* w kj£/£j.u

Kan.Cy.,Top.&W.(Atch.)
44.89 Kan.Cy., Clinton & Spgfd.

July 13. 1^86.*
July 13, 1886.*
Purch., Sept., 1884.

May 23, 1887.*

Dec. 9. 1880.*
Consol. .April 14, 1884.
Consol., Aug. 11, 1880.

g- 1

iy 5

Consol., Jan. 20, 1885.

16.11 Kan.Cy.,Top &W.(Atch.)jPurch., Aug. 1. 1877.
l.OO See Lawrence & Emporia. Reorg.. July 19, 1881.
17.00 Louisv., Evansv. & St. L.|Consol., Oct. 5, 1881.

Perpetual lease.

September 27, 1886.*

Consolidated in 1882.

Consol., Feb. 14. 1874.

Purch.",' June ! 1879.*"
Puich., June 2, 1879.
May 7, 1879.*
Consolidated in 1880.
Consol., June 30, 1884.
Consolidated in 1880.
Built by N. B. & C.

Chicago, Burl. & Quincy.

St. L., Salem & Ark

145.50 St. Louis & San Fran

103.00 Chicago, Mil. & St. Paul .

Chic., St. P., Minn. & Om.

St. Paul, Minn. & Man. . .

207.10

- St.Paul,Minu. & Man.

^ oi.i"aui,ajiiiiu. ou *TIUU. -

121 .27 Chic., St. P., Minn. & Om.
Minn., St. Croix & Wis..
23.80 Chic., St. P., Minn. & Om.
New Bruns. & Canada . . .

32. 35| Flint & Pere Marquette.. Consol., Jan. 31,

14. 51 Flint & Pere Marquette. .
Western New York & Pa.

i?."i2
7.00|

West Jersey.

00 St. L., Salem & Ark

16. 80 Boston & Lowell...

Co L sol.. Jan. 31, 188'.'
September, 1887.*
Consol., Dec. 23, 1887.

September 27, 1886.
Consol., June 18. 1870.

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.
t Leased to Chicago, Burlington & Quiucy.

1200

RAILROADS MERGED IN OTHER LINES.

LIST OP RAILROADS MERGED IN OTHER LINES- Continued.

NAME or OLD COMPANY.

TERMINI OF COMPLETED ROAD
AT THE TIME OF ITS ACQUIREMENT.

LENGTH IN
MILES.

NAME OF COMPANY
BY WHICH ACQUIRED, OR
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

Salem Branch

Ext. of Salem R.R. in Salem, N. J. .
Salina to Plainville, Kan

1.00
107.54

"9^50
28.00

io4!66
15.51
34.50
154.00
15.51
17.30
15.00
3.00
4.84
50.00
9.00

is!oo

4.84
39.60
16.00
21.00
7.80
63.80

83.61
7.50

West Jersey
U. P., Lincoln & Colorado
Utah & Nevada

Consol., Dec. 23, 1877.
Consolidation in 1888.
February 16, 1881.*
February 10, 1881.*
April 3. 1877.*
Reorg., June 30, 1881.
Name changed in "68.
Name changed in '68.
Name changed in '68 .

Leased about 1883.
Consol., Aug. 22, 1870.
Consol., May 23, 1887.
Consol., Aug. 22. 1870.
Consol., Oct. 12, 1870.
Consol. in Mar. 1889.
Consol., Aug. 22, 1870.
Consol., Aug. 22,1870.

Consol., Aug. 22, 1870.

Consol., May 4, 1888.
Consol., Aug. 22, 1870.
Consol., Mav 4, 1888.
Consol., May 4, 1888.
Consol., Sept. 22,1882.

Consol., July 29, 1889.

Consol., May 4, 1888.

Name changed, 1888
Consol., May 4, 1888.
Consol., Oct. 12, 1870.
Consol., May 4, 1888.
Consol., May 23, 1887.
Consol, May 4, 1888.
Purchased in 1867.
Consolidated in 1868.
Consolidated in 1868.
Purch , June 1, 1887.

Salina, Lincoln & Western...
Salt L., Sevier Val. & Pioche.
Salt Works Branch.

No road built by this Company
Glade Spring to Saltville, Va

Norfolk & Western
Gulf, West. Tex. & Pac. .
Texas Mexican.

San Antonio & Mex. Gulf .. . .
San Diego & Northeastern . .

Sandusky & Cincinnati ....•<
Sandusky City & Indiana
Sandusky, Dayton & Cm. . . -1
Sanford & Indian River

Port Lavaca to Victoria, Tex
No road built by this Company
Dayton to Sandusky, O

[Cinn., Sand. & Cleve...
Cinn., Sand. & Cleve
j- Cinn., Sand. & Cleve. . .
South Florida

Carey to Findlay, O
Tiffin to Sandusky, O
Dayton to Sandusky, O

Carey to Findlay, O

Sanford to Oviedo, Fla
Alameda to Haywards, Cal

San Francisco & Alameda —
San Francisco & Col. River..
San Francisco & Oakland
San Francisco & San Jose . . .
San Francisco & San Rafael. .
San Fran. , Alameda & Stockt.
San Francisco Bay

San Fran.,Oakl'd & Alanra. -|

San Joaquin & Sierra Nevada.
San Joaquin Valley
San Joaquin Val. & Yosemite
San Jose & Almaden

Central Pacific

Alameda Point to " Frisco" Bay. Cal.
Oakland Wharf to Brooklyn. Cal. . .
San Francisco to San Jose, Cal
Piburon to San Rafael, Cal

South Pacific Coast ..>...
Central Pacific

Southern Pacific
San Fran. & North Pac.. .
Central Pacific
Central Pacific . ...

No road built by this Company
No road built by this Company. . .» . .
Alameda to Haywards, Cal . . .

^Central Pacific

Northern (California). . . .
Central Pacific

Oakland Wharf to Brooklyn, Cal
Bracks to Valley Springs, Cal
Lathrop to Stanislaus, Cal

Berenda to Raymond, Cal
Hillsdale to Almadeu, Cal
Port Harf ord to Los Alamos, Cal
State work. No rails laid. Sold to

Southern Pacific
Southern Pacific
Pacific Coast

Wabash

S.Luis Obispo& Sta.MariaVal.
Sangamon & Morgan -:

San Pablo & Tulare /
San Pablo & Tulare Ext \
San Pedro,Los Angeles &Utah
San Ramon Valley

Martinez to Newman, Cal
Pasadena to Altadena, Cal

Southern Pacific
Pasadena

No road built by this Company
No road built by this Company

Southern Pacific
Southern Pacific

Santa Clara & Pajaro Val
Santa Cruz

'2! .'20
5.90
36.70
40.29
47.56
47.56
10.00
7.00
25.75
69.00

Pajaro to Santa Cruz, Cal
Santa Cruz to Felton, Cal
Napa Junction to Santa Rosa, Cal . . .
Schenectady Jc. to Athens, N. Y . . . .
Saratoga, N. Y.,to Vermont State-L.
Saratoga, N. Y., to Vermont State-L.
Saratoga to Ketchum's Corners,N.Y.
Petrolia Jc. to Petrolia, Ont
Sauk Centre to Browerville, Minn. . .
Savannah to Screven, Ga

Southern Pacific
South Pacific Coast
Northern (California)
N. Y. Central & Hud. Riv.
Rensselaer & Saratoga. ..
Rensselaer & Saratoga. .".
Fitchburg

Santa Cruz & Felton
San ta Rosa & Carquinez.. ..
Saratoga & Hudson Riv.

Saratoga & Washington

Saratoga & Whitehall
Saratoga Lake
Sarnia, Chatham & Erie

Canada Southern

Acquired in 1878.
Consol., May 1, 1883.
Consol., Mar. 7, 1884.
Consol., Mar. 7, 1884.
Reorg., June 7, 1880.
June 5, 1880.*
See West. Union.
Consol., Oct. 27, 1886.
July 15, 1873.*
Consol., Nov. 1. 1869.
Consol., June 19, 1872.
Reorg., June 22, 1877.
December 9, 1882.*
Purchased in 18(19.
Consol., Sept. 24, 1869.

Sank Centre Northern
Savannah, Albany & Gulf
Savannah & Albany
Savannah & Charleston
Savannah & Memphis
Savannah Branch
Savannah Valley

St. Paul, Minn. & Man...
Savannah, Fla. & West. . .
Savannah, Fla. & West.. .
Charleston & Savannah. . .
Columbus & Western
Chic., Mil. & St, Paul....
Port Royal & West. N. C.
Schenectady &Duanesb. .
N. Y. Central &Hud. Riv.
Philadelphia & Reading..
Mechanicville & Ft. Edw.
Cinn., Wash. & Bait
Newark, Som. & Str'ts'v.
Kalamazoo & W.P. (L. S.)
Mont Alto

No road built by this Company

Cha'ston Junc.,S.C.,toCen.Junc.,Ga.
Opelika to Goodwater, Ala
No road built by this Company

97.00
60.00

McCormick to Anderson, S C

57.00
13.79
20.50
54.00

'55 .'40
'i2.'66

'2!. 'so

51.00
38.00
95.00
43.00
236.00
6.80
2.40

Schenectady <fe Susq
Schenectady & Troy
Schuylkill & Susq
Schuyl. & Upper Hudson

Scioto & Hocking Valley. . . j

Schoolcraft & Three Rivs
Scotland & Mont Alto. .......
Seattle & Walla Walla
Selma & Greensboro1
Selma & Gulf

Quaker St. Jun. to Schenectady, N. Y.
Troy to Schenectady, N. Y
Roc'kville to Auburn, Pa
No road built by this Company
Portsmouth to Hamden, O

See 1888 MANUAL, p. 103, for |0F°. . .
Schoolcraft to Three Rivers, Mich. . .
No road built by this Company
Seattle to New Castle, Wash
Elizabeth to Sawyersville, Ala
Selma to Pineapple, Ala

Columbia & Puget Sound.
Cinn., Selma & Mobile. . .
Louisville & Nashville. . .
East Tenn., Va. & Ga
Cinn., Selma & Mobile...
East Tenn., Va. & Ga

|- Philadelphia & Reading

Cinn., Wheeling & N. Y..
Old Colony

Purchased in 1880.
Reorg., Dec., 12, 1881.
September 22, 1879.*
Consolidated in 1882.
Reorg.. Dec. 12, 18S1.
June 14, 1881.*

Consol., Mar. 25, 1871.
By purch. East. Ohio.
Built by 0. C., in 1872.
Coneol., June 7, 1883.
Consol., June 7, 1883.
Consol., June 7, 1883.
February 2, 1880.*
Reorg., Feb. 10, 1888
Reorg. in May, 1887.
Reorg. in May, 1887.
Consol., May 4, 1888.
Perpetual lease.
Cousol., Apr. 23, 1888.
Purchased in 1884.
Built by R.&P.in 1882.

Selma & Meridian

Selma, Ala., to Lauderdale, Miss
Marion Junction to Sawyersville, Ala.
Selma, Ala., to Dalton, Ga
Shamokin to Trevorton, Pa

Selma, Marion & Memph
Selma, Rome & Dalton

Shamokin & Trevorton -j
Sharon

Carbon Run Branch
No road built by this Company
See 1885 MANUAL, p. 75, Note E. .

Shawmut Branch

Sheboygan & F. du Lac
Sheboygan & Mississippi
Sheboygan & Western
Shelbyville

Shebojroran to Princeton, Wis

79.00

Chicago & Northwestern.
Chicago & Northwestern.
Chicago & Northwestern.
Cin., Ind., St. L. AChic..
Pitts., Shen. & L. Erie. . .
Shepaug, Litchf . & No. . .
Shepaug, Litchf. & No...
Northern (California) ....
Me. Cent.— Bar HarborBr.
Kan.Cy., Ft. S. & Memph.
Atch., Topeka & Santa Fe
Perry (B.,R. & P.)

No road built by this Company

Sheboygan to Princeton, Wis

78.46
26.70

Shelbyville to Indianapolis, Ind
See 1887 MANUAL, pape 303

Shenango & Allegheny
Shepaug
Shepaug Valley
Shingle Springs & Placerv'e . .
Shore Line

Litchfield to Hawleyville, Ct
See Shepaug, above
Shingle Springs to Placerville, Cal . .
Penobs't S'tchtoMt. Des't Fer.,Me..
Baxter Spgs., Kan.,to Webb Cy., Mo.
Deming to Silver City, N. M
Gainesv. to Silver Lake June., N. Y.

32.28

'ii'.Ti

41.70
22.38
48.29
1.03

Short Creek & Joplin
Silver City, Deming & Pac. . .
Silver Lake

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

RAILROADS MERGED IN OTHER LINES.

1201

LIST OF RAILROADS MERGED IN OTHER LINES- r

NAME <>F OLD COMPANY.

TERMINI OF COMPLETED ROAD
AT THE TIME OP ITS ACQUIREMENT.

NAME OF COMPANY
BY WHICH ACQUIRED, OR, WHEN AND HOW
TO WHOSE STATEMENT ACQUIRED BY EXIST-
REPERENCE SHOULD INO COMPANY.

BE MADE.

Sinnemahoning & Portage..
Sioux City & Dakota

Sioux City & Pembina

Sioux City <fc St. Paul

Skaneateles £ Jordan

Smyrna & Delaware Bay

Sodus Bay & Southern

Sodus Point & Southern

Somerset & Kennebec

No road built by this Company. . .

\ Sioux City, la"., to Yankton, Dak.

'i Elk Point to Sioux Falls, Dak. . .
Davis June., Dak., to Beloit, la ..... !

St. James, Minn., to Le Mars, la ____

Skaneateles to Jordan, N. Y ........ I

PVn'sCove,Del.,toMassey's Jc..Md.
,-, N Y.......

Western New York & Pa. September, 1887.*

I Chicago, Milw. & St. P.
)Chic.,St.P.,Minn.&Om
51.70 Chicago. Milw. & St. Paul

1.,1
"" '

120.50
5.27

Abandoned in 1.351

Purchased in 1880.

Purchased in 1880.
Consolidated in 1880.

Sodus Point to Stanley

See Sodus Bay & Southern

Augusta to Skowhegan, Me

Somerset & Mineral Point Somerset to Mineral Point, Pa

Somerville & Eastou Between Somerville & Easton, N. J

Sonoma & Marin No road built by this Company

Sonoma & Santa Rosa Sonoma to Glen Ellen, Cal

Sonoma Valley Sonoma Landing to Glen Ellen, Cal.

South Branch Somerville to Flemington, N. J

Southbridge & Blackstone . . . No road built by this Company

South Chicago Parkside to Sourh Chicago, 111

. Cnnsol., 1871, into Chic. & Can. So. .
. Valley Stream to Hempstead, X. Y. .
Cherry vail, to Independence, Kan..

Independence to Harper, Kan

. . See South Side, below

. . . (See 1886 MANUAL, page 491

. . . See Midland Olass.)

G'd Cross 'g, Wis., to Wi'ebago.Minn.
Winnebago, Minn., to Flandreau,Dk.

Vicksburg to Meridian, Miss

Shreveport, La., to Longview, Tex. .

) San Miguel to Templeton, Cal

I Saugus to Elwood, Cal

No road built by this Company

No road built by this Company

Milton to Janesville, Wis

Thomasville to Pelham, Ga

No road built by this Company

No road built by this Company

Carlisle to Pine Grove Furnace, Pa. .
Pacific to Pierce City, Mo

20. CO Bait. & Delaware Bay

34. 10 Elmira & Lake Ontario. . .

Consol. in 1883.
Consol., Dec. 31, 1886.

Elmira & Lake Ontario. . . Consol., Dec. 31, 188H.

37.40 Maine Central iConsol., Feb. 26, 1873.

9.10 Somerset & Cambria Januarys, 1879.*

10.00 Central New Jersey Consol., Feb. 22, 1849.

San Fran. & North Pacific Consol., June 29, 187; .

6.50

San Fran. & North Pacific Coiirol. in Men., 1889.

. 21.50 San Fran. & North Pacific Consol. in Mch., 1889.

15.78

Central of New Jersey — Consolidated in 1888-

Southeastern Michigan. . .
Southern Hempstead Br. .

Southern Kansas RR

Southern Kan. & Western
Southern of Long Island.

Southern Maryland

Southern Midland

Southern Minnesota

Southern Minn. Extension..

Southern Mississippi

Southern Pacific

Southern Pacific Branch

Southern Pacific RR. Ext...
Southern Transcontinental. .

Southern Wisconsin

Sout'i Georgia & Fla

South Mountain

So. Mountain & Boston ....'.,

South Mountain Iron

South Pacific...

N. Y. &New England.... Reorganized in 1873.

4.76 Illinois Central Built by III. Cent.

Abandoned in 1888...

5.37 Stewart.
10. 0(

So. Kan. RR. (Atchison).

South Pacific Coast RR

South Reading

South Shore

South Side

South Side...

Southwark

Southwestern

Southwest Pacific

Spartanburg & Asheville.
Spartanburg & Union
Spring Brook

Newark to Felton, Cal .

Salem to South Reading, Mass

Braintree to Cohassett, Mass

\ Brooklyn to Patchogue. N. Y

i Hunters Point Branch

* Petersburg to Lynchburg, Va.

~i Petersburg to City Point, ~

, ^ to City Point, Va

In City of Philadelphia, Pa

No road built by this Company..

Pacific to Rolla, Mo

Spartanb'g, S.C., to Hend'sonv., N.C.

Alston to Spartanburg, S. C

^pi.^o ^.~~« Moosic, Pa., to Spring Brook

Springfield & Columbus (Springfield to London. O

Springfield & 111. So. Eastern. |Shawneetown to Beardstown, 111

Springfield & Mansfield |No road built by this Company

Springfield & New London. ..'Springfield, Mass., to Conn. Line

Springfield & Northeastern. . . j Springfield to Athol, Mass

Springfield & Pana >No road built by this Company.

Springfield & Western Mo. . . . i Ash Grove to Springfield, Mo

Springfield, Athol & N. E Springfield to Athol, Mass

Spr., Effingham & Southeast'n Effingham, 111., to Wabash River

Spr., Jackson & Pomeroy ! Springfield to Jackson, O

Springfield Southern

Spr.. Mt. Vernon & J itts. . .

Springville & Sardinia

Stanton & Northern

Stan wood & Tipton

State Line & Covington

State Line & Juniata

State Line & Union

State Line Branch

Steubeuville & Indiana

Stockton & Copperopolis

September9, 1882.*
Consol., July 16, 1883.
Consol., July 16, 1883.
November 20, j.879.*

138.82 So. Kan. ( Atchison i. . .
58. 52 Brooklyn & Montauk.

Washington & Potomac. . January 13, 1886.

New York & New Engi'd Reorganized in 1873.
167.50 Chic., Milw. & St. Paul. . Purchased in 1880.
138.30 Chic., Milw. & St. Paul

140.00

Vicksburg & Meridian

66.00 Texas & Pacific

13.35
91.50

Purchased in 1S80.
Reorg., Jan. 28, 1867.
Consol., Mar. 3, 1871.

7.00

J- Southern Pacific Consol.. May

Southern Pacific ' Consol., May 4, 188?.

Texas & Pacific Consol., Mar. 3, 1*71.

C.,M.&St.P.(Min.Pt.Div.) Consol., Feb. 14. 1874.

24.00 Savannah, Fla. & West.. November 4, 1879. :
:- P., Po'keepsie & Boston April 21, 1887.*

253.0

.78 South Mountain Ry ...... June 14, 1877.

St. Louis & San Francisco September 8, 1876.

45.30 South Pacific Coast Ry. .

8.15 Eastern (Mass.)

Old Colony

Consol., May 23, 1887
Purchased in 1874.
Consol., Oct. 1,1878

'- BrooKlyn & Montauk. . November 20. 1879.*
'- Norfolk & Western February 10, 1881.*

11.55

57.00

1.

123.00

10.00

1.72 Phila., Wilm. & Bait Merged in 187

Cin., Wheeling & N. Y. . . By purch. East. Ohio.

77.00 St. Lonis & San Francisco September 8, 1876.*

50.00 Asheville & Spartanburg. April 4, 1881.*

68.00 Spart., Union & Col ! February 3, 1873.*

8.50 Abandoned I

20 00 Col., SpringTd & Cin ! May, 1868.*

•224.86 Ohio & Mississippi January 1, 1875.

Clev., Col., Cin. & Ind. . . !By purch. Jan. 8. 1862.

7.50 New York & New Engl'd Purchased in 1887.

46.56 Boston & Albany i Consol.. July 8, It

Ohio & Mississippi January 1, 1875.*

18.62 Kau.Cy.,Ft. S.& Memph. Consol., Apr. 23, 1888.

46.56 Boston & Albany jConsol., July 8, 1880.

56.00
108.00
113.42
15.00
50.00

ndiana & 111. Southern. .Consol., May 12, 1886

^oiuueru. . v;o

JRC

Springville to Sardinia. N. Y
No road built by this Company
Stanwood to Tipton, la

.

No road built by this Company
Genoa to Lake Geneva. Wis. .".
C. & P. Junction to Pa. State Line.
) Steubenville to Newark, O
't Junction to Cadiz, O
* Stockton to Milton, Cal
"i Peters to Oakdale, Cal

Ohio Southern
'-Ohio Southern.
Clev., Col., Cin. & Ind. . .

org., April, 1881.
Reorg., April, 1881.
By pnrch. Jan. 8, 1862.

lev., Akron & Columbus Reorg., Jan. 1, 1886.
Abandoned in 1886, and! rails torn up

T\~A. T I Q_ -XT il (^ 1 >

11.57,

Oct., Lansing & NorthernlConsol., Apr. 11, 1871.

8.50 Chicago & Northwestern. 'Consol. in 1884-85.
15.62 Abandoned in 1880 Consol. into C. & E. I.

8. ?8I Abandoned in 1889 -. on August 29, 1877.

(Wilmington & Northern .See '89MANUAL.p.335.

8. 70, Chicago & Northwestern. Consol., June 7.

3.00 Cumberland & Penn...
117.00

7.85
30.00
19.00

j- Pitta., Ciu. & St. Louis. Consol., May 14, 18&?.
J- Southern Pacific Consol., May 4. 1.S8S.

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

1202

RAILROADS MERGED IN OTHER LINES.

LIST OF RAILROADS MERGED IN OTHER LINES- Continued.

NAME OF OLD COMPANY.

TERMINI OF COMPLETED ROAD
AT THE TIME OP ITS ACQUIREMENT.

7,

££
|d

W ^

69.30
2.50
19.00
4.04
27.50
11.36

'29 '.14
24.00
35.02
2.95
18.35
287.5,6

'17.50

"7M
10.80
4.64
81.00
45.49
26.00
80.00
81.00
53.00

45 '.49
7.50
45.00

NAME OP COMPANY
BY WHICH ACQUIRED, OR
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

Stockton & Tulare..

Fresno to Porterville, Cal
East Woburn to Stoneham, Mass
Peters to Oakdale, Cal
Canton June., to Stoughton, Mass. . .
Stratford to Listowell, Ont
Cissna Park to Wellington Jc.. Ill ...
No road built bv this Company
Bradford to Claremont, N. H
Monroeton to Bernice, Pa ...

Southern Pacific

Consol.,May4, 1888.
Consolidation in 1870.
Consol.,May4, 1888.
Purchased in 1872.
Consol., April 12. 1881.
BuiltbyC.&E.I.in'Sl.
Consol., Nov. 17,1887.
Consol., Oct. 31, 1873.
October 14, 1874.*

Reorg., Jan. 17, 1881.
Consol., Julv 16, 1883.
Name end. in 1861.
Consol., Dec. 9, 1854.
July 4, 1886.*
Consol. in Oct., 1886.
Name chd. in 1853.
Consol., Sept.. 1881.
Consol., May 8, 1871.
Consol., Dec. 23, 1887.
Consol. in 1887.
April 30, 1857. *
Reorg., Sept. 1, 1883.*
Reorg., Sept. 1, 1883.*
Consol., Nov. 1, 1869.
April SO, 1857.*
Consol., Nov. 1, 1869.
Consol., Nov. 1, 1869.
Reorg., Sept. 1, 1883.*
Consolidated in 1879.
Consolidated in 1875.
Co/nsolidated in 1875.

Reorganized in 1888.
Reorganized in 1888.
Perpetual lease, 1880.
See Mid. & Taunt.
See 1885 MANUAL
Consol., April 7, 1871.

j- Consol., Jan. 1.1868.

Consol.. May 16, 1887.
Consol., Jan. 1, 1868.
Consol., June 30, 1881.
Purch., Jan. 16, 1877.
Purch. in Dec., 1883.
Purch. Nov. 1, 1886.

Stoneham Branch
Stockton & Visalia.

Boston & Lowell
Southern Pacific

Stoughton Branch

Boston & Providence —
Gr.Tr.,Georg'n Bay& L.E.
Chicago & Eastern 111
Canada & St. Louis
Concord & Claremont
State Line & Sullivan

> Echo & Park City

Southern Kan. ("Atch.")
Philadelphia & Erie

Stratford & Huron

Strawn & Ind. State Line
Sturgis & State Line

Sugar River
Sullivan & Erie

Summit County

( Echo to Park City, Utah

Sunnier County .

Wellington to Hunnewell, Kan
Sunbury to Erie, Pa. .

Sunbury & Erie
Susquehamia. .

No road built by this Company
No road built by this Company
Gettysburg to Hanover, Pa
No road built by this Company
No road built by this Company
Swatara to Donaldsonville
Woodbury to Swedesboro, N. J
Sycamore to Cortland
Geddes to Binghamton, N. Y.

Northern Central
Beech Creek
Bait. & Harrisburg.

Susquehanna & Southwestern
Susq., Gettysburg & Pot
Sussex Mine
Sussex Valley.

Sussex.. .
N. Y., Susq. & Western..
Philadelphia & Reading. .
West Jersey.

Swatara

Swedesboro
Sycamore, Cort. & Chic
Syracuse & Binghampton . . .
Syracuse & Chenango
Syracuse & Chen. Valley
Syracuse & Rochester Direct.
Syracuse & Southern.

Chicago & Northwestern.
Syr., Binghamton & N. Y.
Syracuse, Ont. & N. Y...
Syracuse, Ont. & N. Y. . .
N. Y. Cent. & Hud. River
Syr., Binghamton & N. Y.
N. Y. Cent, & Hud. River
N. Y. Cent. & Hud. River
Syracuse, Ont. & N. Y. .
N.Y. Central & Hudson R.
Rome, Watert'n & Ogd. . .
Syr., Phoenix & Oswego. .

Fla. Cent. & Peninsular...
Fla. Cent. & Peninsular. .
Kan.Cy.,St.Jo.& Coun.Bl.
Old Colony.

Syracuse to Earlville, N. Y
Syracuse, N. Y., to end of track
Syracuse to Rochester, N. Y

Geddes to Binghamton, N. Y
Syracuse to Utica, N. Y
No road built by this Company
Syracuse to Earlville, N. Y

Syracuse & Utica
Syracuse & U. Direct

Syracuse, Chen., & N. Y..

Syracuse Junction
Syracuse Northern.

DeWitt to Geddes, N. Y
Syracuse to Sandy Creek, N. Y.

Syracuse Northwestern
Tallahassee . .

No road completed ...

See MANUAL for 1879, page 535
Tallahassee to St. Mark's, Fla
Corning, Mo., to Iowa State Line
No road built by this Company..

175.00
21.00
29.53

Tallahassee & St. Mark's. . . .
Tarkio Valley
Taunton & Middleboro
Taunton Branch

See 1885 MANUAL, page 77, Note O. .
Sedalia, Mo., to Kansas Line

ioo'.oo

45.81
12.50

'2(U6

Old Colony
Mo , Kan , & Texas

Tebo & Neosho

Tennessee & Alabama. .

j Nashville to Columbia, Tenn
~\ Columbia to Mt. Pleasant, Tenn. . .
No road built by tnis Company
Tennessee Line to Decatur, Ala
No road built by this Company.

Nashville & Decatur
Abandoned
Nash., FJor. & Sheff
Nashville & Decatur
Owensboro & Nashville . .
Nashv., Chatt. &St.L...
Tennessee Central.

Tennessee & Alabama...

Tenn. & Ala. Central
Tennessee & Kentucky
Tennessee & Pacific
Tenn. & Sequatchie Val

Tennessee Coal

Nashville to Lebanon, Tenn
Spring City to Jewett, Tenn

30.00
12.00
18.00
5.00
43.00
15.00
43.00
172.50
79.40

\ Tracy City to Cowan, Tenn
) Tracy City to Rattlesnake, Tenn . .
Tuscumbia to Decatur, Ala.

Nashv., Chatt. & St. Louis

Tenn., Cortland & Decatur. . .
Tennessee Southern

Memphis & Charleston. . .
Louisv., N. O. & Texas . .
Memphis & Charleston . . .
St.L.,Alton& Terre Haute
Terre Haute & Ind'p'lis..
Evansv. & Indianapolis..
St.L.,Alton& Terre Haute
Terre Haute & Peoria. . . .
St. Louis, Ark. & Tex —

j-St, L.,IronMtn. & So.

Santa Fe Southern
N. Y. & New England
Western New York & Pa.
Western New York & Pa.
Toledo & No. Mich
Toledo. St. L. & Kan. Cy.
Wabash

Purchased in 1850.
Consol., Aug. 12. 1884.
Purchased in 1850.
February 18, 1861.*
Name changed, 1866.
Consol., Jan. 1, 1886.
February 18, 1861.*
September 30, 1886.*
See '88MANUAL,p.813.

January 28, 1887.*

Reorganized in 1888.
Reorganization, 1873.
September, 1887.*
September, 1887.*
Consol., June 24. 1884.
Consol., June 12, 1886.
Consol , July 2!i 1^!'.

Memphis, Tenn,, to Miss. Line
Tuscumbia to Decatur, Ala.

Tennessee Valley
Terre Haute & Alton
Terre Haute & Richmond
Terre Haute & Southeastern.
Terre Haute, Alton & St.Louis
Terre Haute, Paris & Decatur.
Texas & St. Louis

Terre Haute, Ind., to Alton, 111
Indianapolis, Ind., to Illinois Line . .
See 1885 MANUAL, page 638
See 1888 MANUAL, page 525
No road built by this Company

See 1887 MANUAL for

'35!66
89.00
40.00

Texas, Miss. River & N. W. . .

Texas, Santa Fe & Northern . .
Thompson & Willimantic. . . .
Titusville & Oil City

j Chicot to Monticello, Ark

/ Chicot to Pine Bluff, Ark
Santa Fe to Espanola, N. Mex

No road built by this Company
No road built bv this Company.

Titusv. & Petroleum Centre..
Toledo & Ann Arbor

No road built by this Company. .

Toledo & Grand Rapids

South Toledo to Waterville, 6.

5.67
75.50
41.25
8.00

Toledo & Illinois
Toledo & Indianapolis

Toledo, O., to Indiana State Line
Toledo to Findlay, O

Toledo, Col. & South
Toledo, St. L. & Kan. Cy.
Toledo, St. L. & Kan. Cy.
Toledo, A. A. &No. Mich.
Toledo, St. L. & Kan. Cy.
Chicago & Northwestern.
Wabash

February 25,1885.*
Consol., June 12, 188B,
Consol., June 13, ISN;.

Consol. in M;n
Omsol., June I'-', 1 *"»'».

Toledo & Maumee
Toledo & Maumee N. G
Toledo, A. A. & Cadillac
Toledo & Menominee

Toledo to South Toledo, O
See Toledo & Maumee, above .

Mt. Pleasant to Cadillac, Mich
No road built by this Company
See 1885 MANUAL, page 658
Toledo, O., to Indiana-Illinois Line.
Woodville to Toledo, O
Toledo, O., to, South Lyons, Mich. . .
See General Index for

64.30

242:56
18.67
61.00

Toledo & Northwestern
Toledo & Wabash
Toledo & Woodville.

Consoi., July 29, 1889.
Purchased in I
Consol., June 24, 1884.
Consol.. June 12, 1886.

Northwestern Ohio
Toledo, A. A. & No. Mich.
Toledo, St. L. & Kan. Cy.

Tol., Ann Arb. & G'd Trunk.
Tol., Charleston & St. L

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

RAILROADS MERGED IN OTHER LINES.

1208

LIST OF RAILROADS MERGED IN OTHER LINES— Continued.

NAME or OLD COMPANY.

TERMINI op COMPLETED ROAD

AT THE TIME OF ITS ACQUIREMENT.

LENGTH IN
MILES.

NAME OP COMPANY
BY WHICH ACQUIRED. OR
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

Tol., Cin. & St. L.-Main Line
Dayton Division

Cincin Division

Toledo, O., to E. St. Louis, 111
t Delphos to Davton. O
"t Mercer to Shane's Crossing, O
i Lebanon Junction to Dodds. O —
•< Dodds to Cincinnati, O
| Blue Ash to Montgomery, O
Cincinnati to Zoological Gardens —
Dayton to Wellston, O
\ Ironton Jc. to Centre Station, O. . .
"/ Centre Station to Ironton, & spurs.
Toledo, O., to Kokomo, Ind
( Delpho1' to Dayton, O..

449.70
96.00
6.00
17.00
36.00
1.40
1.20
115.06
38.64
17.00
181.00
96.00
6.00
115.00
17.00
17 00

Toledo, St. L. & Kan. Cy.
'- Dayton, Ft. W. & Chic.

VCin., Lebanon & No. . .

Sp'g Gr., Avondale & Cin.
Davton, Ft. W. & Chic...
Daylon. Ft. W. &Chic...

Consol.. June 12, 1886.
Consol. in June, 1887.

June 27, 1885.*

January 27, 1886.*
Consol. in June, 1887.
Consol. in June. 1887.
June 28, 1884.*
Consol., June 12, 1886.

Consol. in June, 1887.
Consol. in June. 1881'.

Avondale Branch
Southeastern Division

Ironton Division

T., Del. & Burl.— Main Line..
Dayton Division

Toledo, St. L. & Kan. Cy.
[• Dayton, Ft. W. & Chic.

Dayton, Ft. W. & Chic. . .
Abandoned in 1887

~i Mercer to Shane's Crossing, O
Dayton to Wellston, O .

Dayton & S. E. Division. . .
Cin. No. Connection

Dayton to Dodds O

Iron RR and branches

Iron

June 28, 1884.*
Consol., June 12, 1880.
Consol. in June, 1887,

Tol Delph & Ind'poli*

( Hol^ate to Delphos O

32.00
23.00
6.00

Toledo, St. L. & Kan. Cy.
Davton, Ft. W. & Chic...
Abandoned in 1887

•< Delphos to Mercer, 0..

Tol., Dupont & Western
Tol Logansp't & Burl

I Mercer to Shane's Crossing, O
See General Index for.

Toledo, St. L. & Kan. Cy.
Chic., St. Louis & Pitts..
Chic., St. Louis & Pitts. .
L. Shore & Mich. So

\ Toledo, Peoria & West.
Northwestern Ohio.

Consol., June 12, 1886.
January 10, 1883.*
January 10, 1883.*
Consol. in 1869.

January 20, 1880.*
Reorg., Aug. 13. 1876.

Consol., July 29. 1889.

Consolidated in 1888.
Consol., Nov. 1, 1869.
Consolidation in 1881.
Consolidation in 1881.
Consol., Jan. 24, 1888.
Consol. in April. 1882.
Consol., Jan. 24, 1888.
Reorsr., June 10, 1862.
Consol.. Mar. 25,1871.
Consol., Mar. 25, 1871.
Apr.Mav& Jun,.'88.*
Consol., Mav3, 1887.
Consol.. Feb. 1. 1887.
Purchased in 1868.
Purchased in 1868.

Purch June 1 1887

Logansport, Ind., to 111. State Line. .
No road built by this Company
Toledo O to Grafton O

61.00

"87!56
219.80
10.30
24.39
452.10
109.40
38.70
7.57
43.50
19.30

Tol.; Logansp't & Pacific
Tol Norwalk & Clev

Tol Peoria & Warsaw

\ Indiana State Line to Warsaw, 111.
"» La Harpe, 111., to Iowa City, 111.
Tiffin to Woodville. O

Tol Tiffin & Eastern

Tol., Wabash & Western
Toms River

\ Toledo, O.. to Camp Point, 111. . .
< Decatur to East St. Louis, 111
( Bchs.— See 1879 MANUAL, page "02
Manchester to Toms River

VWabash

Central of New Jersey . . .
N. Y. Cent. & Hud. River
Tonawanda Val. & Cuba
Tonawanda Val. & Cuba
Grand Trunk
Midland of Canada

Tonawanda

Rochester to Attica, N. Y.

Tonawanda Valley

Attica to Sardinia Junction, N. Y...
No road built by this Company. .

Tonawanda Valley Ext

Toronto & Muskoka
Toronto & Nipissing
Toronto, Simcoe & L. Huron.
Transit

AJlandale to Muskoka, Ont

51.94
79.00
94.96

Scarboro June, to Coboconk, Ont. . .
Toronto to Colling/wood, Ont

Grand Trunk
W'na&St.P't'r(C.&N.W.^
Philadelphia & Reading..
Philadelphia & Reading. .
Fla. Cent. & Peninsular. .
Fitchburg

No road built by this Company

Trevorton

Trevorton, Pa., to Susquehanna Riv.

14.50
14.50

Trevorton & Susquehanna. . .
Tropical Florida
Troy & Boston
Troy & GrT d & Hoosac Tun.
Troy & Rutland

Trevorton, Pa., to Susquehanna Riv.
No road bui't by this Company

Trov. N. Y.. to Vt.-Mass. Line
Vt. State Line to Greenfield. Mass. .
Salem to Eagle Bridge, N. Y .
Rutland, Vt., to Eagle Bridge, N. Y.
Saratoga to Saratoga June. , N. Y —

34.74
44.00
17.27
62.00
17.52
8.00

'22!66

1.25
93.00
16.30
3.40
446.00
61.00

'eoioo

3.01
12.99
80.00
105.00
138.00
37.00
78.00

'65 ."80

28.55
28.55

Fitchburg
Rensselaer & Saratoga. . .
Rensselaer & Saratoga. . .

Troy Salem & Rutland

Troy. Saratoga & No. . . -J

Tuscola, Charleston & Vine. .
Tyler Tap

Union

Schuyler June, to Schuylerville,N.Y.
No road built by this Company
Tyler to Ferguson. Tex

Tol., St. Louis & Kau.Cy.
St. Louis, Ark. & Tex

Svr., Binghamton & N.Y.
Chic., St. Louis & Pitts..
Western New York & Pa.
Philadelphia & Reading. .
Union Pacific

Consol., June 12, 1886.
Sec '88MANUAL.p.813.

Purch., Aug. 12, 1858.
January 10, 1883.*
September, 1887.*
Consol., May 8. 1871.
Consol., Jan. 24. 1880.
Reorganized in I8G9.
Name changed, 1869.
Reorg., June 22. 18T7.
Purchased in 1882.
Purchased in 1887.

Syracuse, N. Y., to Erie Canal
Union City to Losan-port, Ind
Tryonville to Union, Pa
Pine Grove, to Lorberry June., Pa. .
Kansas Citv. Mo., to Colo. Line
Junction City to Emporia, Kan
No road built by this Company
No road built by this Company
Provo to Pleasant Valley Utah

Union & Logansport

Union «fc Titusville
Union Canal Co.'s RK
Union Pacific. East. Div
Union Pacific, So. Br
Union Village & Johnsonv. ..
Upper Hudson

Mo., Kan. & Texas
Greenwich & Johnsonv.
Mechansv. & Ft. Edward.
Denver & Rio G. Western
Echo & Park City

Utah & Pleasunt Valley
Utah Eastern J

Utah Northern
Utah Southern
Utah Southern Ext
Utah Western
Utica & Schenectadv

Coalville. Utah, to Coal Mines
Coal Mines to Kimball, Utah
Ogden, Utah, to Franklin, Idaho. .
Salt Lake City to Jnab, Utah
J uab to Frisco, Utah
Salt Lake City, U. T., to terminus...
Schenectady to Utica, N. Y
No road built by this Company
Horseheads to Cortland, N.Y

X'>t in operation

Utah & Northern
Utah Central

March 28. 1878.*
Consol.. July 1. 1881.
Consol.. July 1. 1881.
February 16. 1881.*
Consol., Nov. 1, 1869.
February 23, 1884.*
February 23, 1884.*

Consol.. May 4. 1888.
Consol., Mav 4. 1888.
Consol.. Feb. 12, 1886.
Consol., June 12. 1880.

[-See '88 MAN., p. -23.

February 3. 1879.
Reorg., Jan. 28, 1867.

Utah Central .

Utah & Nevada
N.Y. Central & Hud. Riv.
Elmira, Cortl'd & No
Elmira. Cortl'd & No

Utica. Horseh'ds & Elm
Utica. Ithaca & Elmira

Vaca Valley.

Elmira to Madison Cal

Vaca Vallev «!c Clear Lake.. .
Van Wert. Pauld. ct Mich.. .
Vermillionville

Elmira to Madisoiu Cal.

Southern Pacific
Cinn., Jackson & Mack. .
Tol.. St. Louis & Kan.Cy.
Central Vermont

No road built by this Company ....

No road built by this Company
Essex Jc.. Vt., to Canada Line
Windsor to Burlington. Vt
Eufanla to Clayton, Ala
Vicksburg to Jackson, Miss

"47.'66
119.00
22.00
44.00
Track

Vermont & Canada
Vermont Central ..

Vicksburg & Brunswick
Vicksburg & Jack eon
Vicksburg & Nashville. . .

Eufaula & Clayton
Vicksburg & Meridian . . .
laid 5 miles. Abandoned
Louisv., N. O. & Texas..

Graded b. Grenada & Okalono, Miss.
No road built by this Company

Vicks., Pens. & Ship Isl

Consol., Aue.12. 1N*4.

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

1204

RAILROADS MERGED IN OTHER LINES.

LIST OF RAILROADS MERGED IN OTHER LINES— Continued.

NAME or OLD COMPANY.

TERMINI OF COMPLETED ROAD
AT THE TIME OF ITS ACQUIREMENT.

LENGTH IN
MILES.

NAME OP COMPANY
BV WHICH ACQUIRED, OR
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST
ING COMPANY.

Vicks., Shrevep. & Texas
Victoria ,
Victoria & Columbia
V;dalia & Lake Concordia. . .
Vidalia & Western

See 1888 MANUAL, page 729

188.40
55.00

'5.25

10.00

Vicks., Shrevep't & Pac..
Midland of Canada
International & Great No.
Natchez, Red Riv. & Tex.
Natchez, Red Riv. & Tex.
Cairo, Vincennes & Chic.
Central of New Jersey. . .
Old Colony

December 1, 1879.*
Consol. in April. 1882.
Purchased in 1871.
Purchased in 1881.
Purchased in 1881.

jindsay to Haliburton, Ont
^o road completed by this Company.
Vidalia to Lake Concordia, La.

Vidalia to Concordia, La
No road built by this Company

Vincennes & Cairo
Vineland

Atsion to Bay Side, N. J

47.50

Consolidated in 1888.
Consol., Oct. 1, 1872.
February 10, 1881.*
December 20, 1880. *

February 10, 1881.*

Consolidated in 1868.
Purchased in 1877.

Sfame changed, 1877.
Consol., July 29, 1889.

Consol., July 29, 1889.
Consol., July 29, 1889.
Consol July 31 1889

Vineyard Sound.

^o road built by this Company
No com. road. See 1884 MANUAL. . .
See General Index for

Virginia & Kentucky

Norfolk & Western. . .
Virginia Midland

Virginia & N. Carolina.

Virginia & Tennessee. -j
Virginia Central.

^ynchburg, Va., to Bristol. Tenn
Glade Spring to Saltville, Va
Richmond to Covinfton Va.

204.00
9.50
208.50

452 .'i6
109.40
35.10
3.60
178.00

j- Norfolk & Western
Chesapeake & Ohio

Viroqua

No road completed by this Company

STo road built by this Company
Toledo, O., to Camp Point, 111
Decatur to East St. Louis, 111
Clayton to Hamilton, 111
Bluffs to Naples, 111
Ohio— Ind. Line to Ind.— 111. Line. . .
See General Index for ^sg" . .

C.,M.&St.P.(LaCr.Div.)
Evansville & Terre Haute

L Wabash
Wabash

Wabash

r

Wabash ... •{

Wabash & Western

Wabash Eastern

Wabash

Wabash Eastern of Illinois . .
Wabash Eastern of Indiana . .
Wab., St. Louis & Pac
Wabash Western
Wabash Western

Wabash Lines in Illinois

Wabash

Wabash Lines in Indiana

Wabash

Consol., July 31, 1889.
Consol., July 29, 1889.
Consol , July 29 1889

See General Index for J^IT*.

Wabash

See General Index for J3IF"
Wabash Lines west of Mississippi.

Wabash

Wabash

Consol., July 31, 1889.

Waco & Northwestern

Bremond to Waco Tex

47.00
45.00
5.00

'ioioo

20.50
15.26
51.00
35.80

Houston & Tex. Central.

Walden's Ridge j

Smory Gap to Clinton, Tenn
Big Emory and other branches
See 1888 MANUAL, p. 916, for j^^. . .
^o road built by this Company
Walton to Social Circle, Ga

[ East Tenn., Va. & Ga..

Oregon Ry. & Navig
New York & New Eng. . .
Gainesv., Jefferson & So.
Central of New Jersey
Warren & Farnsworth. ..
Western N. Y. & Penn. . .
Dunkirk. Alleg. Val. &Pitt.
Cinn., Wabash & Mich...
N. Y., Prov. & Boston
Lehigh & Hudson River. .
Rio Grande Western
Alexandria & Washtn
Wash., Ohio & West'n. ..
Arkansas and Louisiana. .
Wash., Ohio & Weat'n. . .
Virginia Midland
N.Y., Susq. & Western. . .
Chic., Mil. & St. Paul....
Rome,Watertown & Ogd.
Fitchburg

Purch. in Feb., 1887.

Consol., June 12, 1879.
Reorganized in 1873.
Conssol., Mar. 11, 1884.
Consolidation, 1688.
April, 1885.*
September, 1887.*
Consol., Nov. 23, 1872.
Consol., June 18, 1811.
Purchased in 1880.
Consol., April 1, 1882.
Reorganized in 1889.
Reorg., July 9, 1887.
May 9, 1883.*
Name chgd.. Oct., '81.
May 9, 1883.*
December 20, 1880.*
Consol. in June, 1881.
Consol., Feb. 14. 1874.
Consol., Oct. 1, 1861.
Consolidated in 1846.
Consol., June 23, 1879.
Purch., June 3, 1880.
Consol., April 1, 1882.
Name changed, 1881.
Consol., Mar. 7, 1884.
Consolidated in 1884.
Consol., Jan. 1, 1873.
Built by I. C. in 1882.
Consol., Oct. 31, 1881.
Consolidated in 1888.
Purch. Sept., 1884.
Consol., Sept., 4, 1867-
Reorg., April 3, 1879.
Built by " Burl., "'85.

Consol. in Dec., 1867.

Purch. in Oct., 1880.
Consol., Axig 22,1870.

Walla Walla & Columbia Riv.
Walpole

Walton
Ware town

Manchester to Waretown, N. J. . . .

Warren & Farnsw. Val
Warren & Franklin

Clarendon to Vandegrift, Pa., & Brs.
Oil City to Irvineton, Pa. . . .

Warren & Venango
Warsaw, Goshn & Wh. Pig'n.
Warwick

Warren to Titusville, Pa
No road built by this Company

Auburn to Oakland Beach, R. I
McAfee, N. J., to Greycourt, N. Y. . .
Brigham City to Alta, Utah.

8.60
21.60
44.20
5.00
50.10
10.00
50.10

"Q.70
39.00
96.76

Warwick Valley

Wasatch & Jordan Valley
Washn., Alex. & Georgetown
Washington & Ohio

Washington, D.C., to Alexandria, Va.
Alexandria to Round Hill, Va
Washington to Hope, Ark
Alexandria to Round Hill, Va

Washington & Hope . ..

Washington & Western
Wash. Cy., Va. Mid. & Gt.So.
Water Gap

See MANUAL for 1880. page 454
Centre Del. Riv. to Gravel Place, Pa.
Watertown to Madison, Wis
Rome to Cape Vincent N. Y ...

Watertown & Madison
Watertown & Rome
Watertown Branch

No road built by this Company

WTaterville & Washington
Waukon & Mississippi
Wawayanda

Waterville to Washington, Kan
Waukon Jc. to Waukon, la
McAfee, N. J., to N. Y. Line
Ennis to WTaxahachie, Tex. . .

20.66
22.93
7.50
12.00
33.20
25.33
37.36
12.40
26.30
1.73
16.00
117.72
43.00
20.36
156.03
17.33
50.30
150.00
60.50
47.00

Atchison, Col. & Pacific..
C.,M. & St. P. (Dub.Div.)
Lehigh & Hudson River. .
Central Tex. & Northw. . .
Savannah, Fla. & West. . .
Grand Trunk

Waxahachie Tap
Waycross & Florida

Waycross, Ga., to St. Mary's River. .
Pt. Dalhousie to Pt. Colborne, Ont..
Lawrenceville to Antrim, Pa

Welland

Wells boro & Lawrencev
West & East ....

Corning, Cow. & Antrim.
111. Cent.— Yazoo Div....
Phila. &Balt. Central....
Central of New Jersey. . .
St. Louis, Cable & Westn.
Boston & Albany.

Lexington to Durant, Miss
Westcnester to Philadelphia, Pa
E. Long Branch to West End, N. J. .
St Louis to Florissant, Mo . .

West Chester & Phila
West End

West End Narrow Gauge
Western
Western Coalfields.

Worcester, Mass., to N. Y. Line
Fayetteville, N.C., to Egypt C'l Fids
Fontanelle to Cumberland, la
j Worcester, Mass., to Albany, N. Y.
I Chatham to Hudson, N. Y
St. Joseph to Corvallis, Oregon

Cape Fear & Yadk'in Val.
Chicago, Burl. & Quincy.

j- Boston & Albany

Oregon & California
Central Pacific

Western Iowa

Western (Massachusetts)
Western Oregon.

Western Pacific
Western of Minn

Brainerd to Sauk Rapids, Minn
Fayetteville to Gulf, N. C
See 1880 MANUAL page 812

St. Paul & Northern Pac.
Cape Fear & Yadkin Val.
Chic . Mil. & St. Paul ...

Reorg., May 9, 18K3.
Reorg., April 3, 187»
Merged in 1879.
Reorg., Sept. 10, 1877.
Consol., Sept. 27, 18S«.
more & Susquehanna;
Central in 1854, and

Western of No. Car

Western Vermont
Westfield & Chautauqua

Westminster Branch

Weston & West Fork
West River

Rutland, Vt, to New York State-L..
No road built by this Company

59.00

Bennington & Rutland. . .
Chautaugua Lake
( Built in 1832 by Balti-
-< merged into Northern
( abandoned

Relay House to Owings' Mills, Md.

No road built by this Company
No road built by this Company

9.00

Clarksb., West. & Glenv.
Brattleboro & Whitehall.

Reorg. in Aug., 187S.
Reorganized m 1876,

* Acquired by purchase at foreclosure or reorganized after foreclosure sale on date given.

KAILROADS ME KG ED IN OTHER LINES.

1205

LIST OF RAILROADS MERGED IN OTHER LINES -Continued.

NAME OP OLD COMPANY.

TERMINI op COMPLETED ROAD

AT THE TlMK <>F ITS ACQUIREMENT.

LENGTH IN
MILES.

NAME OF COMPANY
BY WHICH ACQUIRED, OR
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

WHEN AND HOW
ACQUIRED BY EXIST-
ING COMPANY.

West Side & Mendocino

Willows to Frato, Cal

16.84
1.16

'i!6s

177.50
12.75

'26.66
46.00
20.00
17.00
20.76
29.86

Northern (California)
New York & Northern . . .
Manhattan Elevated
Rensselaer & Saratoga. . .
Chic., St. P., Minn. & Om.
Cinn., Wheeling & N. Y.
Wheeling & Lake Erie...
Midland of Canada

Consol., Mav4, 1889.
Merged in 1887.
January 2, 1872.*
B't & owned bvR.&S.
Consol., June 1, 1880.
Reorg.. Feb. 26, 1883.
Merged in 1887.
Consol. in April. 18S2.
Consol. in April, 1882.

Consol., Feb. 5, 1873.

Purchased in 1873.
Consolidated in 1884.
See 1883 MAN., p. 145.
May 2, 1878.*
Purchased in 1885.

Purchased in 1889.
February 29, I860.*
Consol., Mar. 26. 1889.

West Side & Yonkers

i55th St. & 8th Av. to H. Bridge,N.Y.
No road built by this Company
West Troy to Green Island, N. Y. . . .
Elroy to Hudson, Wis
Senecaville to CumberlRnd. O

West Side Elevated
West Troy & Green Island. . .
West Winconsin

Wheeling & Cincinnati
Wheeling & L. Erie Bridge. . .
Whit by & Port Perry
Whit by, Pt. Perry & Lindsay.

Whitehall & Plattsb'g *

Across Maumee River at Toledo, O. .
Whitby to Port Perry, Ont
Whitby to Lindsav, 6nt

Midland of Canada
{- New York & Canada. . .

Bost., Concord & Mont. . .
Chicago & West Micli. . . .
Lon^ Island

Plattsburg to Ausable, N. Y
Fort Henry to Ticonderoga, N. Y. . .
Wells River to Littleton. N. H

White Mountains

White River
Whitestone & Westchester. . .
Whitewater Valley
Wichita & Colorado

White River Jc. to Baldwin, Mich. . .
No road built by this Company

Harrison to Hagerstown. Ind

62.05
47.00

"si '.66

75.50
17.50

Whitewater
Missouri Pacific
Atch.. Top. & Santa Fe..
Bait. & Eastern Shore
Elmira & Williamsport. . .
Atlantic City
Albemarle & Raleigh

Wichita to Hutchinson, Kan
See 1888 MANUAL, page 734
Salisbury to Ocean City, Md

Wichita & Southwestern. . . .
Wicomico & Pocomoke
Williamsport & Elmira
Williamstown & Del. River..
Williamston & Tarboro . '.
Wills Valley

Williamsport. Pa., to Elmira, N. Y. .
Atco. to Glassboro, N. J
Partly built about 1870

No road built by this Company
No road built by this Company .

Alabama Great Southern .
Wilmington & Northern.
Carolina Central
Wilm., Columb. & Aug...

j- Wilmington & Northern

Phila., Wilm. & Bait
Delaware Western

j- Carolina Central

Nash.. Chatt. & St. Louis
Cheshire

January 22, 1877.*

Wilmington & Brandywine. . .
Wilmington & Charlotte
Wilmington & Manchester. . .

Wilmington & Reading -j
Wilmington & Susq

No road built by this Company
Wilmington,N.C.,toWatereeJc.,S.C.
Wilmington, Del., to Birdsboro, Pa..
Birdsboro to Poplar Neck, Pa
Wilming.,Del.,to Havre de Grace.Md.
Wilmington, Del. .to Landenburg, Pa.
Wilmington to Wadesboro, N. C
Charlotte to Buffalo, N. C
Decherd to Fayetteville, Tenn

iniso

63.60
7.0(1
34.00
18.20
136.00
50.00
40.00

322 j>8

Reorg., Feb. 20, 1873.
January, 1867. *J

December 4, 1876.*

Consol., Feb. 5, 1838.
Consolidation in 1883.

Reorg., Feb. 20, 1873.

Purch., Mar. 26. 1877.
Consol. in Aiiir., 1845.
Consolidated in 1888.
Purchased in 1864.

Wilmington & Western
W., Char. & Rutherf dtn. . . -|
Winchester & Alabama.

Winchendon

So road built by This Company
No road built by this Company
Winona, Minn., to Watertown, S. D.

Windsor Beach & Ontario
Winona & St Peter

Rome, Wat. & Og. Ter. . .
Chicago & Northwestern.
Chicago & Northwestern.
Chicago & Northwestern.
Northern (California)

'• Milwaukee & Northern.
Chicago & Northwestern.

I Chic., St. P. & Kan. Cy.

Chic., Mil. & St. Paul...
Chic., Mil. & St. Paul....
Boston & Lowell

Winona & St. Paul...

Win., Mankato & N. Ulm. . .
Winters & Ukiah

Wisconsin & Michigan
Wisconsin & Superior

Wis., Iowa & Nebraska .. . -j
Wisconsin Valley

Mankato Jc. to Mankato, Minn
No road built by this Company

3.75

Consol., May 4, 1888.
Consolidated in 1884.
June 2, 1859.*

Purch. in June, 1887.

Purchased in 1880.
Consol. in Feb., 1874.

\ Fort Howard to Pike. Wis
"» Ellis June, to Menominee, Wis
No rd. built. See 1885 MAN., p. 656.
Des Moines to Cedar Falls, la
Hudson to Waterloo, la

71.00
22.20

i06J6
5.56
2.88
109.00
<fO.OO

23170
11.24
36.00
46.09

"QM

58.60
13.00
43.00

115.69
24.6?
52.50
27.00
22.00
9.79
23.49

24 "66
15. "i6

Valeria, la., to Coal Mines
Tomah to Jennv, Wis

Wisconsin Union
Woburn Branch
Woodland, Capay & Clear L
Woodstown & Swedesboro. .
Worcester
Worcester & Nashua

Milwaukee. Wis., to Illinois Line,. . .
See 1886 MANUAL, page 167
Madison to Rum say Cal

Northern (California)
West Jersey

Consol. ,Mav 4, 1888.
Consol., Dec. 23, 1887.
Consol., June 1,1883.
Consol., Dec. 1. 1883.
Consol., May, 1836.
Reorg.. Sept. 17. 1881.
Purchased in 18^0.
Purch., July 1, 1870.
Consol., Aug. 11,1880.

Built by 111. Cent.

March 8,1 881.*
Consol., Dec. 4, 1&54.
Consol., Dec. 4, 1854.
Name changed, 1888.
May 9. 1885.*
Consol., Sept. 25,1883.
Consol., Aug. 22,1870,

Consol., Feb. 28, 1882.
Consol.. Mar. 25, 1871.

Swedesboro to Woodstown. N. J
Shelbvville, Del., to Franklin, Va. . .
Worcester, Mass., to Nashua, N. H..
No road built by this Company
N'ewtown June, to Pocomoke Cy.,Md.
Sioux Fls Jc. ,Minn . .to Sioux Fls,S.D.
Wriirhtsville to York, Pa
Kansas City to Lexington. Mo

Jackson to Parsons, Miss

DeL.Md. & Virginia
Worcester. N;ish. & Roch.
Norwich & Worcester
N.York, Phila. & Norf'k.
Chic., St. P., Minn. & Om.
Pennsylvania

Worcester & Norwich
Worcester & Somerset
Worthington & Sioux Cy. . .
Wrightsv., York & Gettysb.. .
Wyandotte, Kan. Cy. & Mo..

Yazoo & Mississippi Valley -)

York & Cumberland
York & Cumberl-md
York & Maryland Line
Yotighioghemy

Missouri Pacific
'- Illinois Central . . .

Tohula to Durant. Miss
Portland. Me., to Rochester, N. H. . .
York to Bridgeport. Pa

Portland & Rochester . . .
Northern Central.

York. Pa., to Md. State-Line
Irwin to Sewirkley, Pa
Bowerstown to Minerva, O
No road built by this Company
Lincoln to Marysville, Cal.

No road built by this Company
Trevortou to Port Trevorton. Pa

Northern Central
Pa. Gas Coal Cos. RR....
Cleveland & Canton
Pittsburgh & Western. . . .
Central Pacific

Bellaire. Zanes. & Cinn..
Philadelphia & Reading. .

Youngst'n & Conh't'n Vallev
Youngst'n & State Line . .
Yuba

Zanesville & Southeastern . . .
Zerbe Valley

* Acquired by purchase at foreclosure or organized after foreclosure sale on dan

LIST OF MERGED ROADS.

Supplementary List containing Names of Roads not appearing in the foregoing pages.

NAME OF OLD COMPANY.

NAME OF COMPANY
BY WHICH ACQUIRED, OR
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

NAMK OF OLD COMPANY.

NAME OF COMPANY
BY WHICH ACQUIRED. OR
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

Alameda County Terminal.
Albemarle & Pantego .
Albert

Abandoned.
St. L., Alton & Springfield.
Salisbury & Harvey.
Washington Southern.
Washington Southern.
Maxton, Alma & Rowland.
St. L., Alton & Springfield.
Altoona, Clearfield & Nor.
Findlay, Ft. Wayne & West.
Alabama Mineral.
Alabama Mineral.
Connecticut River.
Atchison, Topeka & S. Fe.
Jack., Tampa & Key West.
White & Black River Vy.
Carrabelle, Talla. & Ga.
Carolina Midland.
White & Black River Vy.
Central Ohio.
Bald Eagle Valley.
Penn. & Northwestern.
L'ville, Evan. & St. L. Con.
Carolina Midland.
Concord & Montreal.
Bost,, Revere Beach & Lynn.
E. Tenn., Va. & Georgia.
Farmville & Powhatan.
Brink. Helena & IndianBay.
Arkansas Midland.
Savannah & Western.
Burlington & Lamoille Vy.
Clev., Sin., Chic. & St. L.
Southern California.
San Pete Valley.
Southern California.
Atlantic City.
Pittsb., Cin.", Chic. & St. L.
Sturgis, Goshen & St. L.
Elmira, Cortland & North.
Union Pac., Denv. & Gulf.
St. L., Cape Gir.& Ft. Smith.
Iowa Central.
Lowell & Hastings.
Albia & Centreville.
Cleve., Chag. Falls & Nor.
Kanawha & Michigan.
Savannah & Western.
Ohio & Big Sandy
Fitch burg.
Union Pac.. Denv. & Gulf.
Chicago & Erie.
Chicago & Northern Pacific.
Chicago & Northern Pacific.
Chic., Rock Island & Pac.
Atchison, Topeka & S. Fe.
Illinois Central.
Pittsb., Cin., Chic. & St. L.
Atchison, Topeka & S. Fe.
Union Pac.. Denv. & Gulf'i
Cin. & Kentucky Southern.
Pittsb., Cin., Chic. & St. L.t
Clev., Cin.. Chic. & St. L.
Coving'n, Flemings. & Ash.
Abandoned.
Kingston & Adelphi.
Clev., Cin., Chic. & St. L.

Cin., La Fayette & Chicago
Cin., Sandusky & Clevel'nd
Cincinnati, Selma & Mobile
Cin., Wash. & Baltimore. ..
Cin., Wheeling & New York
Clarinda & St. Louis

Clev., Cin., Chic. & St. L.
Clev., Cin., Chic. & St. L.
E. Tenn., Va. & Georgia.
Bait. & Ohio Southwestern
Eastern Ohio.
Abandoned.
Pennsylvania & Northwest.
Pittsb., Akron & Western.
Clev., Cin., Chic. & St. L.
Arizona & New Mexico.
Arizona & New Mexico.
Northern Pacific
Union Pac., Denv. & Gulf.
Union Pac., Denv. & Gulf.
C'bus, Shawnee & Hocking.
Savannah & Western.
Savannah & Western

Alexandria & Fredericksb'g
Alexandria & Washington.
Alma & Little Rock
\lton Terminal

Clearfield & Jefferson
Cleveland & Western
Clev., C'bus, Cin. & I'nap. .
Clifton & Londsburg
Clifton & Southern Pacific.
Cceurd'AleneRy. & Nav.Co
Colorado Central
Col. Central of Wyoming. .
Columbus & Eastern
Columbus & Rome

Altoona & Wapsononock. .
American Midland

Anniston & Atlantic
Anniston. & Cincinnati
\shuelot

Atch., Top. & S. Fe in Chic.
At, Coast, St. J.'s & Ind. R.
Augusta & Southeastern. . .
Augusta, Tallahassee & Gulf
Barnwell

Columbus & Western

Batesville & Brinkley
Bellaire & St. Clairsville. ..
B'fonte, Nittany & Lemont.
BelTs Gap

Col., Springfield & Cin
Concord

Clev., Cin , Chic. & St. L.
Concord & Montreal.
Macon & Northern.
Danville & Western.
Chic., Burlington & North.
j Cin., Dayton & Ironton.
1 Cin., Dayton & Chicago.
Jack., Tampa & Key West.
Union Pac., Denv. & Gulf.
Rio Grande Western.
Atchison, Topeka & S. Fe.
Colorado Eastern.
Union Pac., Denv. & Gulf.
Union Pac., Denv. & Gulf.
Union Pac., Denv. & Gulf.
Union Pac., Denv. & Gulf.
Chic.. Burling. & Quincv.
Des Moines, North. & West.
Des Moines, North. & West.
Lake Shore & Mich. So.
21evePd, Akron & Columb's
Nashville, Chatt. & St.Louis
STorthern Pacific.
Boston & Maine.
Cambria & Clearfield.
Lehigh Valley Terminal.
Oansville & Mt. Morris.
Charl., Sumter & Northern.
Northern Pacific.
Atch., Topeka & Santa Fe.
Chic..F(,Mad.& Des Moines
Missouri Pacific.
Missouri Pacific.
Missouri Pacific.
Missouri Pacific.
Tol., Ann Arbor& No. Mich.
Bustleton.
Central RR. of New Jersey.
Central RR. of New Jersey.
Elgin, Joliet & Eastern.
N. Y. Central & Hudson R.
Lehigh Valley Ry.
Lehigh Valley Ry.
U. P., Denver & Gulf.
U. P., Denver & Gulf.
N.Y., Bkyn. & Manh'nBch.
Phila., Harrisb. & Pittsi,
Phila., Harrisb. & Pittsb.
Phila., Harrisb. & Pitts!,

Covington & Macon
Danville & New River
Davenport, Iowa & Dakota.

Dayton, Ft. Wayne & Chic.
De Land & St. Johns

Bellville, Centralia & East.
Blackv'e, Alston & Newb'jr.
Boston, Concord & Montreai
Boston, Winthrop & Shore.
Briarfield, Bloc'n & Tenn.R.
Bright Hope
Brinkley & Helena
Brink., Helena & Ind. Bay.
Buena Vista & Ellaville
Burlington & Lamoille
Cairo, Vincennes & Chicago
California Central
California Short Line
California Southern
€amden,Grcester & Mt. Ep.
Cambridge City Extension.
'Canada & St. Louis
Canal

Denver & Middle Park. . ..
Denver & Rio Grande West,
Denver & Santa Fe

Denver & Scranton

Denver, Marshall & Boulder
Denver, So. Park & Pacific.
Denver, Texas & Ft. Worth
Denver, Texas & Gulf
Denver, Utah & Pacific . . .
Des Monies & Northern
Des Moines & Northwestern
Detroit & Chicago
Dresden Branch

Duck River Valley

Duluth, Crookston & North
Eastern

Cape Girardeau South west'n
'Central Iowa

Ebensburg & Cresson
Edgewater

Central Michigan
Cenfville, Moravia & Albia
Chagrin FalU & Southern. .
Charleston <fc Gauley
Chatt., Rome & Columbus.
Chattaroi

Erie & Genesee Valley
Eutawville

Fargo & Southeastern
Flor., Eldorado & Wai. Val
Fort Madison & Northwest
Fort Scott & Eastern
Fort Scott Belt Terminal. .
Fort Scott & Southern
Ft. Scott, Wichita & West
Frankfort & Southeastern
Frankfort & Holmesburg. .
Freehold & Atlantic High.
Freehold & New York. . . .
Gardner, Coal City & Nor.
Geneva and Lyons
Geneva & Sayre

Cheshire

Cheyenne & Northern
Chicago & Atlantic
Chicago & Great Western . .
Chicago, Harlern & Batavia
Chicago, Kansas & Nebraska
Chicago, Kansas & Western
Chicago, St. Louis & N. Orl.
Chicago, St. Louis & Pittsb.
Chicago, Santa Fe & Cal. . .
Chicosa Canon

Cincinnati & Green River..
Cincinnati & Richmond
Cincinnati & Springfield. ..
Cincinnati & Southeastern.
Cin., Atlantic & Columbus.
Cin., Hocking Vy. & Hunt'n
Cin., I'napolis", St.L.& Chic.

Geneva & Van Ettenville. . .
Georget., Breck. & Leadv..
Greely, Salt Lake & Pacific.
Glendale & East River. . . .
Harrisburg & Potomac
Harrisburgh & Shippensb . .
Harrisburg Terminal

POOR'S MANUAL — LIST OF MERGED ROADS.
LIST OF MERGED ROADS —

1207

NAME or OLD COMPANY.

NAMK or COMPANY

BY WHICH ACQUIRED, OK

TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADE.

NAMK OK OLD COMPANY.

NAME OF COMPANY
BY WHICH ACQUIRED. OR
TO WHOSE STATEMENT
REFERENCE SHOULD

BE MADK.

Helena & Jefferson Co
Helena & Northern
Hobart & Manistee River . .

Northern Pacific.
Xor. Pacific <fc Montana.
Abandoned.
Abandoned.
Lonisv.,Evansv.& St.L.C'on.
Louisv..Evansv.& St.L.Con.
Cleve..Cin..Chic.& St.Louis
Lehigh Valley Ry.
Dubnque & Sioux City.
Jacksonv., Louisv. & St. L.
Northern Pacific.
Pitts., Cin.,Chic.. & St. L.
Lehigh Valley Terminal.
Lehigh Valley Terminal.
Kanawha & Michigan.
Kan. C.. Wyandotte & Nor.
Chic., Rock Island & Pac.
Kan. C.. Osceola & South'n

Ontonagon & Brule River..
Orlando & Winter Park
Osceola & Lake Jesnp
Ottumwa & Kirkville
Pacific Short Line
Paris & Great Northern
Paris & Pere Marqnette
; Pasadena
Peach Bottom

Milwaukee & Northern.
East Florida & Atlantic.
East Florida & Atlantic.
Abandoned.
Sioux C'y. O'Neill & Westn.
St. Louis, Iron Mt. & Sou.
Abandoned.
Los Angeles Terminal.
Lancaster, Oxford & Sou.
Pitts.. Shenango & L. Erie.
Pitts.. Cin.. Chic. & St. L.
Lancaster & Hamden.
P^ntiac,Oxf ord & Northern.
Flint & Pere Marquette.
Northern Pacific.
Boston & Maine.
Southern California.
Chesapeake & Ohio.

Hunting., Tell C'y &Carmel
111. & St. Louis RR. & Coal.
Indianapolis* & St. Louis. . .
Ithaca. Auburn & Western.
Iowa Falls & Sioux City. . .
Jacksonville Southeastern.
Jamestown & Northern
JefEersonv., Mad. & Ind
Jersey City, New. & West.
Jersey City Terminal

Pittsb.. Butler & Shenango.
Pittsb.. ('in. & St. Louis...
!Pt. Pleas., Adelphi & No.. .
Pont.. Oxford & Pt. Austin
|Port Huron & Northwest. . .
Portland Terminal
Ports.. Great Falls & Conw.
! Redondo Beach
Richmond & Allegheny

Kanawha & Ohio
Kansas Citv & Beatrice. . . .
Kansas City & Topeka.
Kansas City & Southern. . .

Kan. City, Indep. & Park..iKan. City, Ind. & Rap.Tr.
Kingman. Pratt & Western.! Wichita & Western.

Kingwood & Tunnelton iKing., Tun. & Fairchance.

Knoxvill'! Southern Marietta & North Georgia.

Knoxville & Augusta {East Tenn., Va. & Ga.

Lackawanna & Pittsburgh. JLackawanna Southwestern.

Lawrence & Emporia jKan. C., Law & Wichita.

Little Falls & Dakota j Northern Pacific.

Long Valley Centra.1 RR. of New Jersey.

Los Angeles. Pasa. & Glen. 'Los Angeles Terminal.
Louisville. Cin. & Dayton. .Cincinnati & Dayton.
Louisv., EVUII-V.& St. Louis Louisv. .Evansv.&S.L. Con.
Marietta, Columbus £ No.. Toledo & Ohio Cen. Exten.

Marietta Mineral i Toledo & Ohio Cen. Exten.

Marquette & Western Duluth, So. Shore & Allan.

Marquette, Hough. & Onto. Duluth, So. Shore & Atlan.

Maryland Central Baltimore & Lehigh.

Massena Spgs. & Ft. COT.. (United States & Canada.
McKeesport, & Belle Yernon Pittsb., McKeesport & You

Meadville & Lincsville

Mecoeta.

Midland (Ind. .

Meadv.. Conn. L. & Lines v.

Abandoned .

Chicago & South Eastern.
Milwauk.. Dexierv. & Nor. Chic. . Milwaukee & St.Paul.
Milw.,Menom. Falls &West. Milwaukee & Superior.

M'nneapolis & Duluth St. Paul & Duluth.

Mobile & Northwestern. . . . Louisv.. New Or. & Texas.

Monadnock Fitchburg.

Natchez, Jackson & Col Louisv., New Or. & Texas.

Nebraska & Western Sioux City. O'Neill & West.

Newark Lehigh Valley Terminal.

Newark & Passaic Lehigh Valley Terminal.

Newark & Roseile Lehigh Valley Terminal.

New C'astlp & Mining Abandoned.

New Mexican Atch., Topeka & Santa Fe.

New Mex. «fc Southern Pac. Atch.. Topeka & Santa Fe.

New Orleans & Gulf New Orleans & Southern.

New Or., Natch. & Ft. Scott New Orleans & Northwest.

Newry Abandoned.

New York, Rutland &Mon. Lebanon Springs.
Niagara Br. & Canandaigua'N. Y. Cent. & Hudson Riv.
Norfolk & Virginia Beach . . Norf *k. Albemarle & Atlan.

Norfolk Southern Norfolk & Southern.

Northern Pac. & Cascade.. Northern Pacific.
Nor. Pac. & Puget Sd. Shore Northern Pacific.
N. P.,Ferg.Falls & Black H. Northern Pacific.
Nor.Pac.,La Moure & Mo.R. Northern Pacific.
Northwestern Ohio Tol.. Walh'g Vv. & Ohio.

Richmond & Miami Little Miami.

Rio Grande & El Paso , Atch.. Topeka & Santa Fe.

Ritchie Mineral i Cairo & Kanawha Valley.

Rocky Mount "n of Montana Northern Pacific.

Rome & Decatur East Tenn.. Virg. & Ga.

Home, Wat'tnA Osrd'bgTer. Rome. Wat 'tn&Ogd'bg.
Roseile & South Plainfield .: Lehigh Valley Terminal.
St. Augustine & No. Beach. Abandoned.
St. Jos.. St. L. & Santa Fe. Atch., Topeka & Santa Fe.

St. Joseph Valley RR St. Joseph Valley Ry.

St. Loui?, Ark. & Texas ... St. Louis Southwestern.
St.Louis, Cable & Western St. Louis Suburban.
St. L., Des Moin<--s & North. Des Moines & Northern.
St. L., Sturgis & Battle Crk. Stur^is, Goshen & St. Louis.
Salt Lake Vy. & Eastern. . . Sioux C'y. O'Neill & West.
San., Coopers. & Turtle Mt. Northern Pacific.

Sanford & Lake Eustis Jacks' v.. Tampa & Key W't.

Saratoga & Almaden Abandoned.

Sault Ste. Marie &South\v'n;Chic., St. P.. Minn. & Oma.
Sav.. Griffin & North Ala ..Savannah & Western.
Savannah, Tybee & Atlantic Savannah & Atlantic.
Scioto Vy. & New En eland Norfolk & Western.

Sea Beach & Brighton 'Boynton Bicycle Co.

Shelby Tram Alabama Mineral.

Shenandoah Valley Norfolk & Western.

Sherman, Denison & Dallas Missouri. Kansas & Texas.
Ship Island, Ripley & Ken. Gulf & Chicago.

Southeastern Dakota Northern Pacific.

S. Sioux Falls Ry.& R.T.Co. Sioux Falls Terminal.
Southern Vermont Fitchburg.

Southwestern (Ky.;..

Spencer

j (Spokane Falls & Idaho. . .
ijSpringville «fc Sardinia.

Nottingham RR. & Coal. . .

Ocean View

Oconto & Southwestern . . .
Ohio & Northwestern.
Ohio, Indiana & Western .

Abandoned.
Wilmington Sea Coast.
Milwaukee & Northern.
Cincin., Portsmouth & Va.
Peoria & Eastern.

Olympia & Chehalis Valley Port Townsend Southern.

Omaha Belt Missouri Pacific.

Omaha, Dodge City & So.. . Dodge City, Mont. & Trin.

Louisville Southern.

Boston & Albany.

Northern Pacific.

Abandoned.

Stamford & New Canaan.. N. Y.. New Haven & Hartf.
Sturgis, Goshen & St.LouislLake Shore & Mich. Sou.
iTacoma. Orting & S'eastern ; Northern Pacific.
Talladeu-a & Coosa Valley.. Birmingham & Atlantic.
Tavares, Orlando & Atlantic I Florida Cent. & Peninsular.

Tennessee & Coosa JNash.. Chattanooga & St. L.

Toledo. Findlav & Spring. .'Bowling Green.
Tonawanda Valley & Cuba. | Attica & Freedom.

Union Elevated Brooklyn Elevated.

Venice & Carondelet Lou.. Evans., & St. L. Con.

Washington & Idaho .Oregon Ry. & Nav. Co.

Washington & Potomac jWash. City & Pt. Lookout.

Waukegan & Southwestern, Elgin, Joliet & Eastern.
West Branch & Moorestowni Abandoned.

West Feliciana Louisv.. New Orl. & Texas.

Weston & Buckhannon West Virginia & Pittsburgh

WhiteWater Clev.. Cin., Chic. & St. L.

Willamette & Coas'. Oregon Pacific.

Wis.. Pittsv. & Superior... .'Chic., Mil. & St. Paul.

Wyoming & Eastern Sioux C'y, O'Neill & Westn.

York & Peach Bottom, 'Baltimore & Lehigh.

1208

NILES TOOL WORKS,

, OHIO.

Machine Tools

THE COMPLETE EQUIPMENT OF RAILROAD, CAR AND
LOCOMOTIVE SHOPS A SPECIALTY,

Labor-saving Machinery of the highest types for Railroad

work. Hundreds in use testify to their durability

and efficiency. Correspondence solicited.

BRANCH HOUSES:

NEW YORK-136 & 138 Liberty St. CHICAGO-Phenix Building.

PITTSBURGH-Lewis Block.

POOR'S DIRECTORY

OP

RAILWAY OFFICIALS.

1892.

1.— LIST OF OFFICERS OF OPERATING RAILROADS IN
THE UNITED STATES AND CANADA, AND OF THE
CHIEF RAILROADS IN MEXICO.

NOTB.— In this list the corporate officers of companies whose lines are operated by other organizations
throughlease or other agreement are not given.

{3P"° Reference should be made to the General Index and Table of Contents for information not contained
in this list.

1 Abbeville and Waycross RR.

President & Gen. Mgr.—J. D. Maynard, Abbeville, Ga.

Vice-President— P. C. Clegg, Americas, Ga.

Sec. & Treat.— J. R. Munroe, Abbeville, Ga.

T. Mgr., Pass. & T. Agt.— 3. E. Bowen, Abbeville, Ga.

Mast. Transp.—S. P. Lassiter, Abbeville, Ga.

Mast. Machy. A Car Rep.— Paul Hair, Abbeville, Ga.

Chf. Eng. & Road Mai.—G. W. Faigair, Abbeville, Ga.

Gen. Auditor— J. E. Bowen, Abbeville, Ga.

Gen. Counsel— E. H. Cutts, Americus, Ga.

2 Abbottsford and Northeastern UK.

President— A. A. Krause, Milwaukee, Wis.
Vice-President — A. M. Joys, Milwaukee, \Vis.
Treasurer -Jos. E. Host, Milwaukee, Wis.
Secretary— Max C. Krause, Milwaukee, Wis.
Gen. Manager— F. Rietbrock, Milwaukee, Wis.
Supt. & Chief Eng.— Linton Williams, Athens, Wis.
Traffic Manager— Frank N. Snell, Athens, Wis.

3 Addisou and Pennsylvania Ry.

President— Thomas C. Platt, New York, N. Y.
Vice- President— Wm. E. Brookfleld, New York, N. Y.
Secretary— James E. Jones, New York, N. Y.
Treas. cfe Auditor— Y. R. Winne, New York, N. Y.
Gen. Supt., Ft. & Pass. \ Frank M. Baker, Addison,

Agt., A Purch. Agt. \ N. Y.

Mast, of Mach.—T. Langstine, Addison, N. Y.
Road Master— Wm. Parks, Addison, N. Y.
Supt. of Bridges— E. Albe, Addison, N. Y.

4 Addyston and Ohio River RR.

President— Matthew Addy, Cincinnati, O.

Vice- President— R. F. Haughton, Cincinnati, O.
Sec. cfe Treas. — B. S. Cunningham, Cincinnati, O.

Gen. Manager— W. L. Davis, Cincinnati, O.

Gen. Fgt. and Pats. Agt.—E. A. Kebler, Cincinnati O
Auditor— C. D. Kinney, Cincinnati, O.

5 Adirondack Ry.

President— R. Suydam Grant, New York, N. Y.
Vice- President— H. G. Young, Albany, N. Y.
Sec. & Treas.— C. A. Walker, New York, N. Y.
Comptroller— C. A. Walker, New York, N. Y.
Gen. Pass. Agt.-J. W. Burdick, Albany, N. Y.
Gen. Freight Aqt.—Jas Calhoun, Albany, N. Y.
Purch. Agt.— 3. White Sprong, A\bany, N. Y.
Superintendent— C. D. Hammond, Albany, N. Y.
Assistant Superintendent— B. C. North, Albany, N. Y.
Chief Engineer— A. J. Swift, Albany, N. Y.
Gen. Baggaae Agt.—G. S. Pease, Albany, N. Y.
Asst. Gen. Pgt. Agt.— P. Wadsworth, Albany, N. Y.
Supt. Machy.— R. C. Blackall, Albany, N. Y.
Mast. Mech.—Edw. Legnard. Saratoga Springs, N. Y.
Car Accountant— Q. A. Keller, Albany, N. Y.

6 Adirondack and St. Lawrence Ry.

Pres.— Dr. Wm. Seward Webb, 51 East 44 St. New York.
See. cfe Treas.— Frank G. Smith, 51 E. 44 St. New York.
General Manager— E. M. Burns, Herkimer, N. Y.
Supt. M. P. cfe R. £.— James Macbeth, Herkimer, N. Y.

A88tpa^T'^f' & \ H" D" Carter' Herkimer' N- Y-
Auditor— Tho's. E. Merritt. 51 E. 44 St. New York.
Car Acct.—A. S. Gamble, Herkimer, N. Y.
Chief Engineer— William N. Roberts, Herkimer, N. Y.
Asst. Chf. J?na'.— Herschei Roberts, Herkimer, N. Y.
TYam Master— R. T. McKeever, Herkimer, N. Y.

7 Alabama Midland K>.

President— H. B. Plant, New York, N. Y.
Vice-President-TA. F. Plant, New York, N. Y.
Treasurer — J. Moultrie Lee, Savannah, Ga.
Secretary- -R. B. Smith, New York, N. Y.
Auditor— ^H. C. Prince. Montgomery, Ala.
Cashier — James T. Andrews. Montgomery, Ala.
Gen. Supt.— Bradford Dunham, Montgomery, Ala.
Gen. Frt. cfe T. Agt.— Haiden Miller, Montgomery, Ala.

PETTIBONE, MULLIKEN & CO., Chicago, III

Switch Stands, Head Chairs, Jenne Track Jacks.

MACHINE TOOLS

FOR RAILROAD, LOCOMOTIVE AND GENERAL
MACHINE SHOPS.

Catalogue giving complete information sent on application.

BRIDGEPORT MACHINE TOOL WORKS,

E. P, BULLARD, Prop,

BRIDGEPORT, CONN

ALA- ARK.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

7-22

7 Alabama Midland R> '. — Continued.

Trav. F. A P. Agt.—W. S. Ford, Mobile, Ala.
Master of Trans.— W. J. -Haylow, Troy, Ala.
Road Matter— Vf. W. Ansley, Montgomery, Ala.
Mast. Machy.—T. M. McDonough, Montgomery, Ala.

\ Alabama and Vicksburg. j

8 -.Alabama Great Southern.— (See Queen r
and Crescent Koute.)

9 Alberta Railway and Coal Co.

President— Sir A. T. Gait, Montreal. Que.
Gen. Manager— E. T. Gait, Lethbridge, Alberta.
Gen. Supt.—W. D. Barclay, Lethbridge, Alberta.
Gen. Traffic Agt.— H. Martin. Lethbridge, Alberta.
Auditor — H. F. Greenwood, Lethbridge, Alberta.
Land Com'r.—C. A. Magrath, Lethbridge, Alberta.
Counsel — A. Ferguson, Montreal, Que.

1O Albert Southern RR.

President — (Vacancy.)

Sec. & Treas.— W. Alder Trneman, Albert, N. B.
Chief Engineer— Wm. Croasdale, C. E., Moncton, N. B.
Solicitor— Chas. A. Peck, Hopewell Hill, N. B.

11 Albia and Centreville K> .

President— F. M. Drake. Centerville, la.
Sec. cfe Auditor— E. S. Benson, Marshalltown, la.
Treasurer — Seth Zug, Marshalltown, la.
Gen. Solicitor— A. C. Daly, Marshalltown, la.
Gen. Manager— C. H. Ackert, Marshalltown, la.
Superintendent — J. H. Redmon, Marshalltown, la.
Traffic Manager— A. F. Banks, Marshalltown, la.
Asst. Gen. F. Agt. -H. A. Hausgen, Marshall town, I*.
Gen. P. Agt.—T. P. Barry, Marshalltown, la.

12 Allegheny and Kinzua RR.

President— S. S. Bullis, Olean, X. Y.

Wee-President— P. McNeil, Buffalo, N. Y.

Sec., Treas. & Gen. F. Agt.— J. E. Rooney, Olean. N. Y.

Gen. Superintendent— C. V. Merrick, Bradford, Pa.

Auditor-F. L. Stowell, Olean, N. Y.

Car Accountant— G. C. Palmer, Olean. N. Y.

13 Allegheny Valley Ry.

President— W. H. Barnes. Philadelphia, Pa.
Secretary— Stephen W. White, Philadelphia, Pa.
Treasurer— Thos. R. Robinson, Pittsburgh, Pa.
Auditor— Theo. F. Brown, Pittsburgh, Pa.
Gen. Supt.— David McCargo, Pittsburgh, Pa.
Gen. Freight Agt.— Edwin P. Bates, Pittsburgh, Pa.
Gen. Ticket Agt. — James P. Anderson, Pittsburgh, Pa.
Resident Engineer— Frank M. Ashmead, Pittsburgh, Pa.
Supt. Riv. Div.— Charles B. Price, Pittsburgh, Pa.
Supt. Low Gr"de D.— S. B. Rumsey, Reynoldsville, Pa.
Solicitors— Scott & Gordon. Pittsburgh, Pa.
Purch'g Agent— H. D. Mason, Pittsburgh, Pa.
Pay Clerk— A. M. Hassler. Pittsburgh. Pa.
Car Accountant— Wm. F. Rupp, Pittsburgh, Pa.
Special Agt.— Wm. K. McElroy, Pittsburgh, Pa.
Mast. Mechanic — John C. Glass, Verona, Pa.
Mast. Car Builder— John Cowan, Verona, Pa.
Master Car Painter— J. P. Stroud, Verona. Pa.
Supt. Telegraph— J. B. Stewart, Pittsburgh, Pa.
Supervisor Riv. Div. — A. B. Kerr, Johnston, Pa.
Supervisor Riv. Div.— 3.. E. Bradley, Emlenton. Pa.
Supervisor Lmu Gr. Div.—^/L. Phalen, Reynoldsville, Pa.

14 Alliance and Northern RR.

Pres.— Morton S. Paton, 1 Broadway, New York, N. Y.

Sec. & Treas.— Fred. H. Smith, Newark, N. J.

Gen. Supt.—E. E. Scrantou, Alliance. O.

Master Car Repair*— C. P. Finch. Alliance, O.

Train Mast.—V1. P. Delong, Alliance, O.

Road Master— W . H. Randolph, Alliance, O.

Asst. Gen. F. & P. Agt.—W. D. Winans, Alliance, O.

15 Altoona, Clearneld and Northern RR.

President & Gen. Man.—F. G. Patterson, Altoona, Pa.
Vice- President— W. L. Shellenberger, Altoona, Pa.
Secretary— H. J. Davis, Altoona, Pa.
Treasurer— S. J. Westley, Altoona, Pa.

16 AnnapoIiH and Baltimore Short Line KK.

President-^. S. Ricker, Portland, Me.
Vice- President— J. Hopkins Smith, Portland, Me.
Sec. & Treas. — L. A Burck, Baltimore, Md.
Managing Director— C. A. Coombs, Baltimore, M<1.
Master of Machinery— J '. P. Seward. Annapolis, Md.
Road Master -L. M. Elder, Annapoli-. Md.
Supt. of Bridges— Thomas Dodds, Annapolis, Md.
Train Master— S. A. Tipton, Annapolis, Md.

17 Annapolis, Washington & Baltimore RR.

r'tP*tr' \ Jobn W> Brow"' Baltimore, Md.

Treas. & Sec.—W. G. Bowdoin, Baltimore, Md.
! G. Tic., Ft. Agt. d- Car Acct.— J.H.Brown,Annapolis.Md.
I Road Master — W. King. Crownsville, Md.
' Master Mechanic— J. L. Beall, Annapolis, Md.

Gen. Counsel— Brown & Brune, Baltimore, Md.

18 Arcadia, Gulf Coast and Lakeland K l{ .

i President— Anthony Peters, Boston, Mass.
Vice- President— William G. Dacey, New York, N. Y.
Secretary— Wm. B. Rand. Boston, Mas-s.
Treasurer— Frederick C. Peters, Boston, Mass.
General Manager— Edward C. Ellis, New York, N. Y.
Chief Engineer— John H. Powers, Arcadia, Fla.
Gen. Supt. of RR.— John Cross, Arcadia, Fla.
Chief Eng. of Const.— J. A. Gaiboury, Tampa. Fla.
Gen. Man. of Const.— R. T. Armstrong, Arcadia, Fla.

19 Arizona and New Mexico Ry.

Pres. & Gen. Supt.— John Shennan, Clifton, Ariz.
Vice- President — James Colquhoun. Clifton, Ariz.
Treas. A Sec.—J. G. Hopkins, Clifton, Ariz.
Road Master — P. Biggey, Clifton, Ariz.
Master of Machinery— A. Wallace, Clifton, Ariz.
Foreman Car Rep- — Jas- Cromb, Clifton, Ariz.
Gen. Attorney— M. J. Egan, Clifton, Ariz.

2O Arizona and Southeastern RU.

President— James Douelas, New York, N. Y.
Vice-Pres. & Treat.— Jos. Van Vleck, New York.
Supt. & Auditor— Ken. Williams, Bisbee. Ariz.
Secretary— George Notman, New York, N. Y.

21 Arkansas and Louisiana RR.

Pres.— Geo. E, Dodge, Little Rock, Ark.

V.-Pres.— E. G. Merriam, St. Louis, Mo.

Treasurer— A. H. Calef. New York, N. Y.

Sec'y.— Geo. C. Smith, St. Louis, Mo.

Asst. Sec. & Asst. Treas.— E. B. Williams, Wash., Ark.

Gen. Auditor— C. G. Warner. St. Louis, Mo.

Auditor &G.F.& P. A.—C. E. Ratcliff, Wash., Ark. -

Gen. Sitpt.—R. E. Ricker, St. Louis, Mo.

Superintendent— W. T. Kelly, Little Rock. Ark.

Ro<id Master— A. L. McLeod, Little Rock, Ark.

22 Arkansas Midland RR.

Pres. & G. M.— John J. Hornor, Helena, Ark.
Vice-President—^. H. Johnson, Helena, Ark. 3<J
Secretary — S. H. Hornor, Helena, Ark.
Treas. & Gen. Counsel — E. C. Horuor, Helena, Ark.

GeM.S&M'T'T' fj" B- Johnson> Helena, Ark.

Gen. Ft. <& Gen.Aud.—G. T. Updegraff. Helena, Ark.

Gen. Tkt. <£ Bag. Agt.—O. M. Stowe, Helena, Ark.

aBMitja. } Richard Allin' Helena' Ark-

Road' Master— I. M. Aldridge, Holly Grove, Ark.

If you want information about new or projected railroads, consult the General Index
and Table of Contents. Special information not contained in this book will be furnished
at a nominal charge by Poor's Information and Investigation Bureau, 70 Wall St., New
York.

4

BROWN & SHARPE MFG. CO.,

PROVIDENCE, R. I.

USUALLY HAVE IN STOCK

Grinding
Cutter Grinding
Chuckling
Screvsr

Tapping

MACHINES

for

LOCOMOTIVE and

Milling

RAILROAD SHOPS.

Cutters

JM icro meters

Small Tools

for
Machinists' Use,

SPECIAL MACHINES FOR MILLING

Locomotive Trucks, Keys and Wedges,

MADE TO ORDER.

THE UNIVERSAL RADIAL DRILL COMPANY,

, o., TJ. s.

UNIVERSAL RADIAL DRILLS (3 sizes).

RADIAL DRILLS (5 sizes).

SUSPENSION DRILLS (2 designs).

ARCH BAR DRILLS (6 to 10 spindles).

PORTABLE ROPE DRIVEN RADIAL DRILLS.

MULTIPLE SPINDLE DRILLS.

POST DRILLS or COUNTERSINKERS (3 designs, 2 sizes each).

TURRET CHUCKING LATHES (3 sizes, viz. : 20-in., 25-in. and 30-in. swings).

ENGINE LATHES (17-in., 20-in., 3O-in. and 36-in. swings. Beds up to 30 feet long).

ZEST^.IBI-.IJSIJEHESID 1855.

EQUIPMENT OF RAILWAY AND CAR WORKS.

* co. lron and Wood-Working Machinery.

iron working Toois. Corliss Engines and Boilers.

. Shading, Hangers, Pulleys, etc.

TERMS OF PAYMENTS MADE ENTIRELY SATISFACTORY.

PLACE, ISO Broadway, IVEW

ASH-ATL.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

'23-33

•J:{ Ashland Coal and Iron Ry.

Pres. <£ Gen. Man.— Douglas Putnam, Jr., Ashland, Ky.
Vice- President— John G. Peebles, Portsmouth, O.

m' r" Robert Peeble8' Aehland, Ky.
Aditor— F. B. Moore, Ashland, Ky.
Superintendent— E. C. Means, Ashland. Ky.
ATa*(. Mec/t.—W. H. Apple, Ashland, Kv.
Mdff. Transp.—Vf. N. Mayo, Ashland. Ky.

34 Aspen mid Western RR.

Prttident— Chester Griswold, New York, N. Y.
Vice- President— Henry S. Grove, Philadelphia, Pa.
Treasurer— V. L Lehraann, New York, N. Y.
Secretary— Thos. E. H. Curtis, New York, N. Y.
General Manager — E. M. Steck, Pueblo, Col.

23 Astoria and Portland RR.

President— .John C. Sheehan, New York, N. Y.
Vice- President— C. W. Scofield, Salt Lake City, U. T.
tec. & Treas.— J. Frank Watson, Portland, Or.
Manager <fe Chief Eng.— George Goss, Astoria, Or.

26 Atchison, Topeka and Santa Fe RR.

f O- C. Magou,,, New York, X. V.
President— A. Manvel, Chicago, 111.

' rtCe'PInd & ^^ \ J- W" Reinhart, Boston, Mass.
8J KCt-Pre& Gen.

3rf Vice-P'res.— J. D. Springer, Chicago, 111.
/Set*. <fe Treas.— E. Wilder, Topeka, Kan.
Asii't Treas.— G. L. Goodwin, Boston, Mass.
Ass't Sec.—L. C. Deming, Boston, Mass.
Gen. Counsel— J. J. McCook. New York, N. Y
Gen. Solicitor— G. R. Peck, Topeka, Kan.
Comptroller— 3 . P. Whitehead, Boston, Mass.
Asst. Gen. Aud.—W. K. Gillett, Topeka, Kan.
Transfer Agent— Boston S. D. & T. Co., Boston. Mass.
And. Disbursements— I. S. Lauck, Topeka. Kan.
And. Freight Receipts— C. S. Sutton, Topeka, Kan.
And. Pass. Receipts— C. M. Atwood, Topeka, Kan.
And. Collateral Prop.—H. C. Clements, Topeka, Kan
Freight Traffic Man.— J. A. Hanley, Chicago, 111.
Asst. Frt. Traffic Man.—W. B. Biddle, Chicago, 111.
Gen. Freight Agt.— F. C. Gay, Topeka, Kan.
Asst. Gen. Frt. Agt.—C. R. Hudson, Topeka, Kan
Asst. Gen. Frt. Agt.— A. P. Tanner, Topeka, Kan.
Asst. Gen. Frt. Agt.—O. H. Brown. Kansas City, Mo
Asst. Gen. Frt. A'gt.-J. G. Miller. Chicago, 111.
Passenger Traffic Ma/i.—W. F. White, Chicago, 111.
Asst. Pass. Traf. Man.—Jno. J. Byrne, Chicago, 111
Gen. Pass. & Tkt. Agt.—G. T. Nicholson, Topeka, Kan.
Asst. Gen. Pa*s. & Tkt. Agt.—W.J. Black, Topeka, Kan.
Gen. Bag. Agt.— P. Walsh, Topeka, Kan.
Chief Engineer — James Dun, Topeka, Kan.
Land Com.— John E. Frost, Topeka, Kan.
Tax Com.—E. T. C'artlidge, Topeka, Kan
Gen. Claim Agent— C. M. Foulks. Topeka, Kan.
Atst. Claim Agt.—C. W. Ryns, Topeka, Kan.
Man. Coat Prop.—C. J. Devlin, Topeka, Kan.
Supt. Mach.—John Player, Topeka, Kan.
Mast. Car B'Wr— John Hodge, Topeka, Kan.
Master Car Painter— John. Hartley, Topeka Kan
Purch. Agent— V?. G. Tuller, Chicago. 111.
6en. Storekeeper— K. F. Hilton, Topeka Kan
Gen. Supt.— B.. R. Nickerson, Topeka, Kan.
Supt. Car Service— C. W. Kouns, Topeka, Kan
Supt. Telegraph— ~R. B. Gemraell, Topeka, Kan.

^4^SKH.D.vi8, Chicago, I,,.

DIVISION OFFICERS.

Division Superintendents— U. C. Ives, Chicago 111 •
J. Z. Roraback (Supt. Terminals), Kansas City. Mo';
W. C.Nixon (Supt. Terminals), Chicago, 111.; C. T Mc-
Lellan, Topeka, Kan. ; J. L. Barnes, Chanute, Kan. ;
Avery Turner. Newton. Kan. ; C. F. Ressigue, Wichita,
Kan.; D. H. Rhodes, Wellington, Kan.; G. J. Hartman,
Pueblo, Col.: Chas. Dyer, Las Vegae, N. M.: H. U
Mudge, Sau Marcial, N. M.

IHrision Engineers— F. G. Ewald, Chicago, 111.;

2« AtchiNon, Topeka and Santa Fe RR.—

Continued.

J. M. Meade, Topeka, Kan.; M. N. Wells, Chanute,
Kan. ; W. H. Earl, Newton, Kan.; L. B. Speed. Wichita,
Kan.; C. A. Morse, Pueblo, Col.: E. W. Grant Las
Vegas, N. M.; F. H. Mudge, San Marcial, N. M.

Master Mechanics— James Collinson. For,
Madison, la.: Geo. W. Smith, Topeka, Kan.; W. H.
Traver (Ass't), Argentine, Kan.; Jno. Fagan, Atchisont
Kan.; A. Mitchell, Ottawa. Kan.; T. Paxton, Nickerson,
Kan.; John Kirk, Ark. City, Kan.: I. Conroe, La Junta,
Col.; W. E. Symons, Raton. N. M.; Richard English
San Marcial, N. M.; T. Forsythe, Benson, A. T.

2r Atlanta and Florida RR.

President-I. Y. Sage. Atlanta, Ga.
Vice-Pre«.— Me Allen B. Marsh, Atlanta. Ga
Treasurer— Edward S. McCaudless, Atlanta. Ga.
Superintendent— *Y. W. Garrett. Atlanta, Ga
Auditor— H. Phillips, Atlanta, Ga.

28 Atlanta and West Point RR._ (See Western
Ry. of Alabama.)

29 Atlantic and Danville RR.

Receiver— Alfred P. Thorn, Portsmouth, Va.
President— R. M. Stuart Wortley, New York, N. Y.
General Manager— G. M. Hughes, Portsmouth Va
Gen. Auditor— P. G. Chamberlain, Portsmouth. Va.
Gen. Fgt. & Pass. Agt.—W. H. Taylor, Portsmouth. Va.
Mast. Machinery— W. A. Brown. Portsmouth, Va.
Mast. Car Repairs— B. Pierce, Portsmouth. Va
Mast, of Trains— Y. L. Brendel, Laurenceville, Va.
Road Master— W. B. Causey, Portsmouth, Va.
Pur. Agt.—C. W. Murdaugh, Jr., Portsmouth, Va.

3O Atlantic and North Carolina RR.

President— W. S. Chad wick, Newbern, N. C.
Sec., Treas., & Purch. A.—F. C. Roberts. Newbern N 0
Gen. Aud. & Gen. Fgt. Agt.—S. L. Dill. Newbern, N C
Asst. Aud.—W. K. Styro'n, Newbern. N. C.
Master of Machinery.— E. Manly, Newbern N C
Mast. Car Builder— J. B. Taylor, Newbern. N. C
Road Master— A. B. Powell, Newbern, N C
Svpt. Brdgs.—Haeh Murdoch, Newbern. N. C.
Train Disp. <fe Tel. Opr.—W. G. Boyd, Newbern N C
Gen. Counsel— C. C. Clark, Newbern, N. C.

3 1 Atlantic and Pacific RR.

Chairm. of Board— Geo. C. Magoun. New York N Y
President— Allen Manvel, Chicago, 111.

tiGen^Aiid. f J> W* Reinharti Boston, Ma*?.
2d Vice- President— A. A. Robinson, Topeka. Kan.
Gen. Counsel— John J. McCook, New York, N. Y.
Gen. Solicitor— Geo. R. Peck, Topeka, Kan .
Gen. Attorney— C. N. Sterry, Albuquerque. N. M.
Land Com.—J. A. Williamson, Chicago, 111.
Sec. <fe Treas.— H. W. Gardiner, Boston, Mass.
Local Auditor— W. W. Pope, Albuquerque, N. M.
Cashier — C. E. Crary, Albuquerque, N. M
Gen. Supt.—T. R. Gabel, Albuquerque, N. M.

SUSup°LofrS.' * \ Andrew Smith' Albuquerque, N. M.

" A< Bisse11' San

, Cal.

Asst. Gen. 'Pass. Agt.—C. H. Speerg, Albuquerque, N. M.
Mast. Mech.—Geo. A. Hancock, Albuquerque. N. M
Supt. Road Dept.—F. E. Nelson. Williams, A. T
Ren. Engineer— *R. B. Burns, Williams, A. T.

32 Atlantic and Western RR.

President— T. A. Darby, President City, Fla
Vtce-Pres.— E. A. Chapman, New York, N Y
Secretary— C. H. Eicks, New York, N. Y.
Gen. S'pt.— A.. Girardeao, Orange City, Fla
General Counsel— R. W. Davis, Palatka Fla
G. F. & P. A.—F. W. Boyer, Orange City, Fla.

33 Atlantic City RR.-(See Philadelphia and
Reading RR.)

MOORE'S

ANTI-FRICTION

Differential Chain Pulley Block,

(Patented Jan. 26, 1892.)

A New Movement!

A Perpetual Compound Lever!

Powerful, Simple and Durable!

One Man Can Lift to the Full Capacity of the Block.

Self-Sustaining at Any Point.

The Block Always Hangs Plumb.

MANUFACTURED BY

MOORE MANUFACTURING & FOUNDRY CO.,

MILWAUKEE, WiSCONSIN.

SEND FOR DESCRIPTIVE PRICE-LIST.

MORSE ELEVATOR WORKS.

MORSE, WILLIAMS & CO.,

Manufacturers and Builders of

Steam, Belt, Hydraulic, Electric and
Hand-Power Freight and Passenger

ELEVATORS,

Suitable for Stations, Depots, Machine and Construction
Shops, Warehouses, Hotels, Office Buildings, Etc.

OFFICE: 1105 FRANKFORD AVENUE

(One Square below Girard Avenue.)

Works ; Frankforfl Aye,, Wildey and S&ackamaxon Sts., Philadelphia, Pa.

NEW YORK OFFICE : 108 LIBERTY STREET.

BOSTON OFFICE: 33 LINCOLN ST.

™~ WASHINGTON, D. C. : 1 1 16 E STREET, N. W.

CHICAGO: 1118 CHAMBER OF COMMERCE BUILDING.

ATL-BAI.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

34—41

34 Atlantic Coast Line.

(Comprising the following roads, aggregating 1,105
miles. GEXERAL OFFICE, Wilmington, N

GEXERAL OFFICERS.

President— W. T. Walters, Baltimore, Md.
Vice-President—H. Waiters, Wilmington, N. C.
Gen. Manager— J. R. Kenly, Wilmington, N. C.
Traffic Manager— T. M. Emerson, Wilmington, N. C.

&p£i IK ! H' M- Emer80"' Wilmington, N. C.
General Auditor- W. A. Riach, Wilmington, N. C.
Paymaster— A. B. Lynch, Wilmington, N. C.

RICHMOND AND PETERSBURG RAILROAD.
President— Fred R. Scott, Richmond, Va.

PETERSBURG RAILROAD.

President— W. G. Elliott, Wilmington, N. C.

Officers of both Railroads.

Gen. Superintendent—^.. T. D. Myers, Richmond, Va.
7>it>'n Supt.—R. M. Sully, Richmond, Va.
-Sec'y <fe Treasurer — M. W. Yarrington, Richmond, Va.
Ami Auditor— W. R. Jones, Richmond, Va.
Master Mechanic— John O'Brien, Richmond, Va.
Road Master— "A. Riddle, Petersburg, Va.

WILMINGTON AND WELDON RAILROAD.

President— W. G. Elliott. Wilmington, N. C.
Secretary <& TVeas.— Jas. F.Post, Jr., Wilmington, N. C.
Storekeeper— E. F. Cason, Wilmington, N. C.
Master Car Builder— J. H. Davis, Wilmington, N. C.

Road-masters

( S. A. Johnson, Magnolia, N. C.
{ J. M. Fitzgerald. Wilson, N. C.
/ W. H. Griffin, Rocky Mount, N. C.

ALBEMARLE AND RALEIGH RAILROAD.

• President— H. Walters, Wilmington, N. C.
Sec. & Treas.— Jas. F. Post, Jr., Wilmington, N. C.

WILMINGTON, COLUMBIA AND AUGUSTA Rll.

President— W. G. Elliott, Wilmington, N. C.
Secre'y & Treas.— Jas. F. Post, Jr., Wilmington, N. C.
Master Car Builder— W. H. Day, Florence, S. C.
•Rnn.fi Mnvter* * T- J- Whitton, Florence, S. C.
r8} A. N. Freeland, Sumter, S. C.

MANCHESTER AND AUGUSTA RAILROAD.

President— R. Walters, Wilmington, N. C.

Secrecy & Twos.— Jas. F. Post, Jr., Wilmington. N. C.

FLORENCE RAILROAD.
President— -H. Walters, Wilmington, N. C.
Secrecy & Treas.— Ja*. F. Post, Jr., Wilmington, N. C.

CENTRAL RAILROAD OF SOUTH CAROLINA.

(LEASED.)
Treasurer— J as. F. Post, Jr., Wilmington, N. C.

NORTHEASTERN RAILROAD.

President— A.. F. Ravenel, Charleston, S. C.
Treasurer— R. S. Rhett, Charleston, S. C.
Secretary— T. G. Main, Charleston, S. C.
Supt.—W. N. Royall, Charleston, S. C.
Road Master— G.B. Newcomb, Florence, S. C.

CHERAW & DARLINGTON AND CHERAW &
SALISBITRY RAILROADS.

President— A.. F. Ravenel, Charleston, S. C.
Secretary & Treas.— 3. H. Mclver, Cheraw, S. C.
Master of Transp.—G. G. Lynch, Florence, S. C.
Road Master— C. H. Newman. Florence, S. C.

34 Atlantic Coast L,ine — Continued.

HARTSVILLE RAILROAD.

President— W. G. Elliott, Wilmington, N. C.

Sec. & Treas.— Jas. F. Post, Jr., Wilmington, N. C.

WILMINGTON, CHADBOURN AND CONWAY RR.

President— W. G. Elliott, Wilmington, N. C.
Sec. & Treas.— J 3^.. F. Post, Jr.. Wilmington. N.
Road Master— ti.. C. Cowan, Chadbourn, N. C.

Officers of the above Roads South of Weldon.
Gen. Superintendent — Jno. F. Divine, Wilmington, N. C.
Supt.of Trans.— E. Borden, Wilmington. N. C.
Engineer of Roadway— R. B. Dunn. Wilmington, N. C.
AsiflEntfrof Rd'y.— M. W. Divine, WUmiugton, N. C.
Ass't Auditor— Jno. R. Latta. Wilmington, N. C.
Master of Machinery— John Bissett, Wilmington, N. C

WILSON AND SU.MMERTON RAILROAD.
Pres. & Supt.— T. Wilson, Wilson's, S. C.

35 Attica and Freedom RR.

Pres.— Richard B. Ferris, 48 Wall St., New York, N. Y.
Vice-Pres.— August Stein. 60 B'way,New York, N. Y.
Sec. & Tretts.— William Jay, New York, N. Y.
Supt.—B. P. Humphrey, Attica, N. Y.

36 Au»usta and Summer ville RR.

Pres. d- Treas.— Chas. H." Phinizy. Augusta, Ga.
Secretary Jb Gen. Supt. — E. G. Mosher, Augusta, Ga.

37 Augusta, Gibson and Saudersville RR.

Pres. & Gen. Man.— Hamilton Wilkins, Augusta, Ga.
Vice-President— R. W. Inraan, New York, N. Y.
Sec. cfe Treas, — Geo. Adam, Augusta, Ga.

. f F- W- Reane>'' Au*»ta, Ga.
Road Master— J. S. Turner, Hephzibah, Ga.
Supt. Bridges— J. W. Davis, Augusta, Ga.

3S Au Sable and Northwestern RR.

j President & Sec.—H. M. Loud, Au Sable, Mich.
Vice-Pres. <fi Gen. Supt.— Geo. A. Loud, Au Sable, Mich.
Treasurer— W. F. Loud, Au Sable, Mich.
Gen. Pass.Agt.—E. F. Loud, Au Sable, Mich.
Gen. Fgt. Agt.—Geo. H. Keating, Au Sable, Mich.

39 Austin and Northwestern RR.

President— Charles Dillingham, Austin, Tex.
Vice-Pres. — John Hancock, Austin, Tex.
Treasurer — A. P. Wooldridge, Austin, Tex.
Secretary— A.. L. Rhomberg, Austin, Tex.
Asst. Treas.— W. B. Isham, New York. N. Y.
Gen. Supt.— A.. N. Leitnaker, Austin, Tex.
Mast, of Mchy.— A. L. Roosevelt, Austin, Tex.
Mast, of Trans.— E. B. Fisher, Austin, Tex.
Auditor— Jas. Tarrence, Austin, Tex.

4O Bachnaan Valley RR. of IWarylancl-

Pres.<Sr. Gen. Man. — Jerome L. Boyer. Reading, Pa.
Sec. &.Treas.—E. G. Holder, Columbia. Pa.

41 Bale dea Chaleurs RR.

President— -T '. Robitaille, Quebec, Que.
Vice-Pres.— R. H. McGreevey, Quebec, Qne.
Man. Director — L. J. Riopel. Quebec, Que.
Sec. tfe Treas.— L. A. Robitaille, Quebec, Que.
Superintendent — J. F. Armstrong, Cross Point, Que
Ch'f Engineer— A. L. Light, Quebec, Que
Contr. Engitrr—T>. Le Due, Cross Point, Que.

The record of a railroad as a " dividend-payer " is usually the best criterion of the
value of its securities. Consult Poor's Hand-Book of Investment Securities for such
information. Special reports furnished by Poor's Information and Investigation Bureau.
70 Wall St., New York.

7

The Washburn Gar Wheel Co.

, OONN.,

MANUT-ACTUIIERS OF

Crucible Steel-Tired Wheels

POB

PARLOR AND SLEEPING CARS, PASSENGER COACHES,
LOCOMOTIVE AND TENDER TRUCKS.

Hammered and Rolled Crucible Steel-Tires Welded to Cast-Iron Centers.

THE BOIES STEEL "WHIIEIEILj,

For Coaches, Locomotives and Tender Trucks. In use on 1 15 Roads.

Strongest, Lightest and Cheapest Wheel of its class made. No inflexible connection between tire and axle. Four
(4) inches of bearing surface under tread. Only four parts. Centers indestructible. Can be re-tired in any shop at
nominal cost. Severe and constant service for eight years demonstrates the truth of our claims.

THE BOIES STEEL WHEEL CO., SCRANTON, PA.

COOLBAUGH & POMEBOY, J Catalogue on ? H.W.BOIES.

General Sales Agents, 29 Broadway, New York. \ application. $ Western Agent, 531 " The Rookery," Chicago.

BUFFALO CAR WHEEL WORKS,

BUFFALO, N. Y.,

MANUFACTURERS OF ALL KINDS OF

Chilled Iron Car Wheels.

C. H. ZEHNDER, President. ROBT. F. McKENNA, Supt.

_ NEW YORK OFFICE, I2O BROADWAY. _

BUFFALO CAR MANUF'G GO.

.,

MANUFACTURERS OF

REFRIGERATOR, CABOOSE, AND FREIGHT CARS

OF EVERY DESCRIPTION.

G. W. MILLER, President. CHBSTBB GRISWOLD, Vice-President. W. H. GARDNER, General Manager.

BAL-BAL.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

42 Baltimore and Delaware Bay RR.

President— Frank L. Hall, New York, N. Y.
feretory— Samuel Knox, New York. N. Y.
Treasurer— John W. Watson, New York, N. Y.
Gen. Agt. & Supt.— Edward P. Stacey, Clayton, Del.

43 Baltimore and Drum Point RR.

President— Augustus Albert, Baltimore, Md.
rice- President— William H. Trego. Baltimore, Md.
Treasurer— Andrew Banks. Baltimore, Md.
Secretary— H. A. Albert. Baltimore, Md.
Chief En g.— Nicholas Goldsborough, Baltimore, Md.

44 Baltimore and Eastern Shore RR.

Recr. & Gen. Man.— Willard Thompson, Salisbury, Md.
President— Joseph B. Seth, Easton, Md.
rice- President— E. E. Jackson, Salisbury, Md.
2d Vice-Pres.— Theophilus. Tanis, Baltimore. Md.
Sec. & TWew.-Cbas. A. Kimball, 45 Wall St. New York.

S'^,'p.'A.'d^AF' f A' v- Benjamin, Salisbury. Md.
M'. C. R., F. L. R. & S. B.—F. Strattner, Salisbury, Md-
Road Master— J. W. Eunis, Salisbury, Md.
Gen. Counsel— N. P. Bond, Baltimore, Md.

45 Baltimore and Lehigh RR.

President— William Gilmor. Baltimore. Md.
Vice-Pres.— John Henry Miller. Baltimore. Md.
Treasurer— Fridge Murdoch. Baltimore, Md.
Sec. & Gen. Auditor— John K. Shinn, Baltimore, Md.

GAf& P A \ W' R' CrumPton' Baltimore. Md.
Mast. Mech.—T). L. Fuener, Baltimore, Md.
Fore. Track Beprs.—Jobn H. Cox, Baltimore, Md.

4O Baltimore and Now York Hy.

Piesident—J. Frank Emmons, New York, N. Y.
Treasurer— W . H. Ijams, Baltimore. Md.
Secretary— Corra N. Williams, Newark, N. J.
General Supt.— Frank S. Gannon, New York. N. Y.
Auditor— William T. Thelin, New York, N. Y.

4T Baltimore and Ohio RR.

President— C. F. Mayer, Baltimore, Md.
1st Vux-Pres.—Orl&nd. Smith, Baltimore. Md.
2d Vice-Pres.— T. M. King. Baltimore. Md.
Bd Vice-Pres.— C. K. Lord, Baltimore, Md.
Secretary— Andrew Anderson, Baltimore, Md
Treasurer— W. H. Ijams. Baltimore, Md.
Comptroller— H. D. Bulkley, Baltimore, Md.

*EAST OP OHIO RIVER.

Gen. Manager— J. T. Odell, Baltimore, Md

Gen. Supt.— Frank S. Gannon. New York, N. Y.

Gen. Ft. Traf. Mgr.—Y. Harriott, Baltimore, Md.

Gen. Frt. Agt.—C. E. Ways, Baltimore, Md.

Gtn. Frt. Agt.—C. S. Wight, Pittsburgh, Pa.

Gen. Pass. Agt.—Cha.s>. O. Scull, Baltimore, Md.

Asst. Gen. Pass. Agt.—J. M. Schryver, Baltimore, Md

Gen. East. Pass. Agt.—C. P. Craig, New York, N Y

Gen. Auditor— Wm. T. Thelin, Baltimore, Md.

And. of Rev.—Geo. W. Booth, Baltimore, Md

And. ofDisb —A. F. Dunlevy, Baltimore, Md.

Parch. Agt.—L. J. Buckley, Baltimore, Md

Chief Engineer— H. T. Douglass, Baltimore, Md.

Gen. Counsel— J. K. Cowen, Baltimore, Md.

Gen. Bag. Agt.—B. E. Peddicord, Baltimore, Md.

Supt. Car Service— D. F. Maroney. Baltimore, Md

Gen. Supt. Mot. Pou\—G. B. Hazlehurst, Baltimore, Md.

*"&* ffSt R™er \ A- J. Cromwell, Baltimore, Md.
Eng.ofM. ofW.—K. H. Johnson, Baltimore. Md.
Mast. Car B'r.—E. W. Grieves, Baltimore, Md
Supt. Tel.—Ch&s. Selden. Baltimore. Md.
Div. Pass. Agt.—B. F. Bond. Baltimore, Md.
Land & Imm. Agt.—'M. V. Richards, Baltimore, Md.

Main Line Division.

Supt. B. Div.— Tho8. Fitzgerald, Baltimore, Md.
Supt. P. & W. Div.—H. M. Sheats, Grafton, W. Va.

| 47 Baltimore and Ohio RR,— Continued.

j Supt. H., F. & V. Dir.—T. C. Prince, Winchester. Va.

j />!>. Engrs. M. \ J. F. Cassell, Grafton. W. Va.
of Way ~t B. T. Fendall, Baltimore, Md.

I Train Mast., B.Dir.— J. E.Spurrier.Martinsburf.W Va

! 7>«in.Vfl.tf.,/>&jr.ZH0.-W.B. Williams. Grafton. W.Va.
Matter Mechanics— S. B. Crawford, Mt. Clare, Bal-
timore, Md.; J. M. Marsteller, Mar'tinsbnrg, W. Va .;
J. E. Gleeson, Piedmont, W. Va.: John Adafr. Graf ton r
W. Va.; Alex. Laird, Wheeling, W. Va.

Philadelphia Division.

Superintendent— J. Van Smith, Philadelphia, Pa.
City Fgt. Agt.—Geo. J. Lincoln, Philadelphia, Pa.
Div. Engr. M. of Way— W. A. Pratt, Philadelphia, Pa.
Train Master.— J. Barren, Philadelphia. Pa,
Mast. Mech.— Thos.Trezise. Philadelphia. Pa.
Diet. Pass. Agt.-C. R. Mackenzie, Philadelphia, Pa.

Pittsburgh Division.

Superintendent— E. Holbrook. Pittsburgh, Pa.
Gtn. Fgt. Agt.—C. S. Wight. Pittsburgh. Pa.
Train Master.— P. Bruner. Pittebun*. Pa
Dir. Ft. Agt.—T. W. Galleher, Pittsburgh. Pa.
Master Mech.— I. N. Kalbaugh. Glenwood Pa.
Div. Pass. Agt.—E. D. Smith, Pittsburgh, Pa.

LINES WEST op OHIO RIVER.

Gen. Supt.—'Robt. B. Campbell. Chicago, 111.
Supt. 0. & M. Div.— H. M. Graham, Newark, O.
Supt. M. Power— W. H. Harrison, Newark, O.
Engr. M. of Way— David Lee, Zanesville. O.
Gen. Fgt. Agt.—C. S. Wight, Pittsburgh, Pa
i Asst. Gen. Pass. Agt.—O. P. McCarty. Cincinnati, O.
Div. Pass. Agf.—W. E. Reppert. Columbus. O
Asst. Gen. Pass. Agt.—'L. S. Allen, Chicago. 111.
Gen. Wn. Traff. Ayf.—A.. P. Bisrelow. Chicago, 111
Din Ft Ant JE.'M. Davis, Tiffin. O.
Div. Ft. Agt. -J E T Affle<£ Co]urnbus. O.

Supt., Ohio & Mid. Dics.—J. M. Graham. Newark. O.
M. M., Ohio& Mid. Dirs.—E. L.Weisgerber.Newark O
D. Sup., Chic. D.—P. C. Sneed, Garrett, Ind.

Di&£a*^ \ <*"• Vadakin. Newark, O.

DlW^/ngChS.'fj}S- A" Spielmann, Garrett. Ind.
Train Mast., Ohio & .Vzrf./>i?>\-^J.H.Glover.Newark O
Train Mast., Chic. Div.—W. J. Sharp. Garrett, Ind.
M. M. C. D.— George R. Ott. Garrett. Ind.
Supt., Akron Dir.— 3. T. Johnson, Akron. O.
Train Master, Akron Div.—U. O. Dunkle. Akron. O.
M.M.Akron Div.— Thomas Taylor, Chicago Junction. O.

* Including Ohio River Bridges.

9

48 Baltimore and Ohio Southwestern RR.

Pres.— Edward R. Bacon. 2 Wall St.. New York N Y
Tice-Pres. rf- Pur. Agt.—W. W. Peabody, Cincinnati, O.
Treas.--Wm. E. Jones, Cincinnati. O. "
Sec.— W. W. Peabody. Jr.. Cincinnati. O.

Gtn rm/njttf) E- W- strong- Cincinnati. O.
rtn. Counsel^ Judgon Harmon cincinnati< o.

Gen. Supt.— 1. G. Rawn, Cincinnati. O.

Consult. Engr. & R. E. Aqt~S. W. Stone, Cincinnati, O.

Gen. Pass. Agt.—O. P. McCarty, Cincinnati, O.

Gen. Frt. Agt.—R. M. Fraser. Cincinnati. O.

Mast. Mech.-J. G. Neuffer, Chillicothe. O.

Supt. Car Dept.—T. G. Duncan, Zaleski. O.

Auditor— K. S. Thomas. Cincinnati, O

Trav. Audt.—C. G. Pollock, Cincinnati, O.

Eng. Maint. of Wav.—D. D. Carothers. Cincinnati, O.

Train Master— C. H. Howard, Chillicothe, O.

Car Accountant— J. A. Conant, Cincinnati. O

Chf. Train Disp.—E. R. Scoville, Chillicothe. O.

49 Baltimore and Potomac RR.

Pr6*iete/i/-Oden Bowie, Baltimore, Md.
1st. Vice- President— Frank Thomson. Philadelphia Pa
2d. Vtce-Pretident—Wm. J. Sewell. Camden. N. J
Sec. & Auditor— James P. Kerr. Baltimore, Md.
Asst. Aud. — John S. Ruth. Baltimore, Md.
Treasurer— John S. Leib. Baltimore, Md.
Qen. Solicitor— John Scott. Philadelphia. Pa.

10

L. E. COCHRAN, PRESIDENT. B. P. BOYD, SEC. AND TREAS. ANDREW MTLLIKIN, GEN. MANAGER.

YOUNGSTOWN CAR MANUFACTURING CO.,

MANUFACTURERS OF

Railroad Freight Cars,

IRON AND BRASS FOUNDERS,

- - OHIO,

TERRE HAUTE CAR & MFG. CO.,

TERRE HAUTE, IND.

T" FREIGHT CARS iJUL

CAPACITY, 15 CARS PER DAY.

Licensed to Manufacture the Barr Contracting Chill "Wheel
for Indiana and adjacent territory.

THE ELLIOTT CAR CO.

CADSDEN, AL.ABAUIA,

MANTTPACTTTRERS OF ALL KINDS OP

Railroad FreightCars

Box, Flat, Gondola, Ore, Mining, etc.

THE TREDEGAR COMPANY,

Tredegar Iron Works, Richmond, Va.

SPIKES, FISHPLATES, AXLES, BAR IRON,

HORSESHOES, CAR WHEELS, FREIGHT CARS.

Machine Tools, Blacksmith, Boiler and Car Works, and General
Railroad Shop Equipment a Specialty.

SEND FOR ILLUSTRATED CATALOGUES WITH PRICES, STATING EXACTLY THE TOOLS REQUIRED,

Address S. C. FORSAITH MACHINE CO.,

Machinists and General Machinery Dealers, Manchester, N. H.

BAL-BEL.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

49-62

49 Baltimore and Potomac 1C It .

Contiv i/e(l.

•lx*(. Gen. Solicitor- Jas. A. Logan, Philadelphia, Pa.
Gen. Manager— Chas. E. Pugh, Philadelphia, Pa.
Gen. Pass. Agt.— 3. R. Wood, Philadelphia, Pa.
Gen. Fgt. Agt.—W. H. Joyce, Philadelphia, Pa.
Div. T'M. Agt.—Jt. S. Young, Baltimore, Md.
Div. Fgt. Agt.— 3. B. Thayer, Jr., Baltimore, Md.
Purch. Agt.— Enoch Lewis, Philadelphia, Pa.

Transportation Department.

Gen. Superint.—U. P. Kenney. Philadelphia, Pa.
General Agent— G. C. Wilkins, Baltimore, Md.
5. Mot. Power— It. E. Marshall, Philadelphia, Pa.
foreman— Jesse Lescallett, Washington, D. C.
for. Car Shop—R. F. Downs, Washington, D. C.
Su]yerintendent— J. B. Hutchinson, Wilmington, Del.

(The general officers in charge of the several depart-
ments ot operation of the Pennsylvania RR. Co. have
control of corresponding departments of this road.)

50 Baltimore and Sparrows Point RR.

President— Luther S. Bent. Philadelphia, P.I.
Sec. & Treas.— R. K. Wood, Sparrows Point, Md.
Superintendent— W. S. Franklin, Sparrows Point, Md.

51 Bangor and Piscataquis RR.

President— E. B. Nealley, Bangor, Me.
Treasurer— H. W. Blood, Bangor, Me

fgL fTkt&fgt. \ Arthur Brown' BanS°r' Me
Master Mech.—G. S. Nason, Bangor, Me.
Mas. Car Rep.—J. W. Comins, Oldtown, Me.
Supt. Tel.—C. H. Sawyer, Bansor. Me.
Road Master— E. M. Bassett, Oldtown, Me.

52 Bangor and Portland RR.

Pres., G. M. & Purch. Agt.—C. Miller, Bangor, Pa.

Vice- President— D. C. Blair, Belvidere, N. J.

Secretary -Geo. W. Mackey, Bangor, Pa.

Treasurer— John I. Miller, Portland, Pa.

Gen. T., Gen. F. & P. Agt.—C. N. Miller. Bangor, Pa.

Attd.—W. M. Bennett, Bangor, Pa.

Mast. Mach.— <$>. Rasner. Bangor, Pa.

Mast, of Tramp.— J. J. Heintzelman, Bangor, Pa.

Road Master— M. Ducy. Bangor, Pa.

Gen. Atty.—G. W. Mackey, Bangor, Pa.

53 Barclay RR.

President — J. Raymond Claghorn, Philadelphia, Pa.
Sec. & Treas.— Anthony Taylor, Philadelphia, Pa.
Gen. Superintendent— E. O. Macfarlane, Towanda, Pa.

54 Barre Railroad.

Chairm. Bd. Directors & Pres.— A. D. Morse, Barre, Vt.
Vice-Pres. & Gen. Man.— \V. A. Stowell,Montpelier, Vt.
Treas., Sec. , Gen. Supt., Gen . 1

SfS&W&S \ F w- *^™' BaW' v«-

Pur. Agt. J

Bridge Master— C. F. Robinson, Montpelier, Vt.
Road Master- -F. Dodge, Barre, Vt.

55 Bath and Hamniondgport RR.

Pres.— Chas. W. Drake, 32 Nassau St., New York, N. Y.

Vice-Pres.— Morris F. Sheppard, Penn Yan, N. Y.
Sec __ F. M. McDowell, Penn Yan, N. Y.

Treas.— Frank Campbell, Bath, N. Y.

Map'urA^Agt & [H- S' stebbins?< Hammondsport, X. Y.
Road Master — John Fogarty, Hammondsport, N. Y.

56 Bay of Quinte Ry. and Navigation Co.

President— E. W. Rathbun, Deseronto, Ont.
General Manager— R. C. Carter, Deseronto. Ont.
Treas. efe Sec — F. S. Rathbun, Deseronto. Ont.
General Auditor— C. A. Millener, Deseionto. Ont.
Gen. Supt.—H. B. Sherwood, Napanee, Ont.
Gen.Frt. A Pans. Agt. — G A. Browne. Deseronto, Out.
Mast. Jtfach.—J. A. 'Davis. Deseronto. Ont.
Fore. Loco. Reprs. — Robert McLeod, Deseronto, Ont.
Chief Engineer— M. J. Butler, Deeeronto, Ont.
Purch. Agt. — The Rathbun Company, Deseronto, Out.

57 Beaver and ElUvood RR.

President— H. W. Hartman, Ellwoqd City. Pa.
Secretary. — Jno. G. MacConnell, Pittsburg, Pa.
General Manager— Merritt Greene, Ellwood City, Pa.
Auditor— Samuel A. Roelofs, Ellwood City, Pa.
Special Agent— Edgar M. Moore. Ellwood City. Pa.
Chief Engineer.— E. Walford, Ellwood City, Pa.

58 Bear Lake and Eastern RR.

President, G. M., Purch. ) George W. Hopkins, Bear

Agt., & Auditor Lake, Mich.

Secretary— ft. H.Hopkins, Dallas. Ark.
Gen. Fgt. Agt.— A.. Hopkins, Bear Lake, Mich.
Treasurer— Ella S. Hopkins, Bear Lake, Mich.
Gen. Supt. — Cyrus G. Wareham. Bear Lake, Mich.

59 Beech Creek RR.

President— MarlinE. Olmsted, Harrisburg, Pa.
Vice-President-C. Vanderbilt, New York, N. Y.
Gen. Man.— 3. D. Layng, 5 Vand'b't Av., New York.N.Y.
Comptroller-^. Carstensen,Gd.Cent.St.,New York,N.Y.
Treas.— E.V.W. Rossiter, Gd. Cent. St., New York,N.Y.
Secretary— Allyn Ox, Gd. Cent. St., New York, N. Y.
Aud. Disb.-Y. C. Roor,Gd. Cenf. St., New York,N. Y.
Auditor Pass, j J. F. Fairlamb, Grand Central Station,

Accounts. ) New York, N. Y.
Auditor Fgt. j W. B. Pollock, Grand Central Station,

Accounts, j New York, N. Y.
Supt. <f Pur. Agt.— A. G. Palmer, Jersey Shore, Pa.
Gen. Fgt. & Pass. \ F. E. Herriman, American Life

Agent. I Building, Philadelphia, Pa.

Car Accountant— James Stark, Jr., Jersey Shore, Pa.
Engineer— John B. Mclntyre, Jersey Shore, Pa.
Master Mechanic — La Mott Ames, Jersey Shore, Pa.
Master Car Bldr.—A. L. Dravenstadt. Jersey Shore, Pa.
Road Master — Timothy Sullivan, Lock Haven, Pa.

60 Bellaire, Zaneaville and Cincinnati Ry.

President- §. L. Mooney, Woodsfield, O.
Vice-President— M. Churchill, Zanesville, O.
Treasurer— W. C. Mooney, Woodsfield, O.
Secretary— M.. Hoeffler, Woodsfield, O.
General Manager— J. K. Geddes, Zanesville, O.
Gen. Aud., Gen. Tkt. Agt., \ T A P.Y v<,npflvnio n
Gen.Fgt.Agt.&P'ir.Agi. \ J' A' Cox' Zanesville. °-
Mast. Transp.—J. B. Rhodes, Zanesville, O.
Chief Engineer— 3. K. Geddes, Zanesville, O.
General Counsel — W. F. Hunter, Columbus, O.
Fore. Loco. Reprs.— V. B. Stubbins, Zanesville, O.
Road Master— A. R. Doan, Snmmerfield, O.

61 Bellingham Bay and British Columbia
RR.

President- -P. B. Cornwall, San Francisco, Cal.
Supt. — M. L. Stangroom, New Whatcomb, Wash.
Asst. Supt.— A. Branin, New Whatcomb. Wash.
Auditor — S. W. Means. New Whatcomb, Wash.

62 Belt Ry. of Chicago.

Chm. of Board Dcrs.— Volney T. Malott, Chicago, 111.

Pres. & Gen. Man.—E. Thomas, Chicago, 111.

Treasurer— J '. E. Murphy, Chicago, 111.

Sec. & Axd.—M. J. Clark, Chicago, 111.

Chief Eng. & Road Mast.—Y. C. Doran, Chicago, 111.

Mast. Much. <& Car Rep.-P. H. Peck, Chicago, 111.

Mast. lransp.—J. M. Warner, Chicago, 111.

Railway History is a special feature of Poor's Manual of Railroads. You should
consult that standard authority if you desire to acquire knowledge of this character

11

ESTABLISHED 1823.

INCORPORATED 1891.

STANDARD STAVE & COOPERAGE GO,

MANUFACTURERS OF

CEDAR, CYPRESS, PINE OR OAK

Reservoir Tanks

Of any shape or Capacity, for

Railway Water Supply Stations.

OFFICES :

19 Whitehall Street, 160 State Street,

New York, N. Y. Boston, Mass.

Illustrated Catalogue upon Application.

ThEA\?(pNWAY&ToRLEYCo.PlTTSBURGH.PA.

_ WM5ARNUM. PRESIDENT -^ W.M?COHWAY.VICE PREST.

10 WALL ST., NEW YORK. . H F^

K- - — -A^: — ^/^)\s - oJIU

DOOR
PEIV&CHAIR
NUMBERS.
POST OFFICE Afjo
SAFE DEPOSIT Box
NUMBERS.

CMffl/IGE&MAC/tiNErLA TES

GENERALENG/W/INB

ON METAL.

RASS» COPPER

58

DWIGHTC.ROBBINS,

^iCKEL-5 OLfO BRONZE

GOLD PLATE..

BEL-BOS.

POOR S DIRECTORY OF RAILWAY OFFICIALS.

63-78

63 Kelt Railroad (and Stock Yard>.

President-W. P. Ijarns, Indianapolis, Ind.
}~ice- President— Horace Scott, Indianapolis, Ind.
Secretary— R. S. McKee, Indianapolis. Ind.
Gen. Auditor— W. H. Lane, Indianapolis, Ind.

64 Bennington and Glastenbury RK.

President— Russell C. Root, New York, N. Y.
Secretary— Geo. W. Harman, Bennington, Vt.
Gen. Supt.— Amos Aldrich, Bennington, Vt.
Gen. & Trav. Pass. Agt.—R. W. Martin, Benn., Vt.
Mast, of Mach.—C. C. Clapp, Bennington, Vt.
Road Master— C. W. Woodard, Bennington, Vt.

65 Bennington and Rutland Ry.

President— J. G. McCullough, N. Benningt'n,Vr.
Vice-President— P. B. Jennings, New York, N. Y.
Secretary— G. W. Harman, Bannington, Vt.
Treasurer— S. B. Hall, North Benmngtoti, Vt.
Gen. Supt.—E. D. Bennett, Bennington, Vt.
Gen. Frt. efc Pass. Agt.—K. W. Spafford, Rutland. Vt.
Auditor— W. G. Shaw, North Bennington, Vt.
Road Master— A. G. Coomer, Manchester, Vt.

Cha9' J McXaster' Rutland, Vt.
Car Acct. — Geo. H. Burch, Bennington, Vt.

66 Bentonvllle Ry.

Pres., Gen. Man. I N g Henry) Bentonville, Ark.

oB Cr£7*. A.'lCl. }

Vice-Pres. & Trea*.—V. H. Woods*. Bentonville, Ark.

°*Atfg&^ur °Agi ™' \ F" M' Bates' Bentonville> Ark-
Gen. Atty.—J. A. Rice, Bentonville, Ark.

67 Berlin Branch RR.

President — A. W. Eichelberger, Hanover, Pa.
Treasurer— Jacob Resser, East Berlin. Pa.
Secretary— Michael Rebut, East Berlin, Pa.
Auditor— B. M. Wirt, Hanover. Pa.

68 Big Level and Kin/ua RR.

President— Elisha K. Kane, Kane. Pa.
Treasurer — J. D. Broader, Kane, Pa.
Secretary— D. T. Hall, Kane, Pa.

69 Big Stone Gap and Powells Valley RR.

President— ~R. A. Ayers, Big Stone Gap, Va.

Vice- President— J. K. Taggart, Big Stone Gap, Va.

Superintendent— W. C. Harrington, Big Stone Gap, Va.

70 Birmingham and Atlantic RR.

President— John Scott, New York, N. Y.

Vice-Pres. & Gen. Mgr.—D. M. Rogers, Talladega, Ala.

Sec. & Treas.— 'N. H. Skaggs, Talladega, Ala.

Auditor— A. F. Besson, Talladega, Ala.

A. G. F. <fe Pass. Agt., /

& Master Tr. & Car vG.A. Mattison, Talladega,Ala.

Ace't. }

Master Mechanic— F. Northcutt, Talladega, Ala.
Foreman Repairs — J. J. Thomas, Talladega, Ala.

71 Birmingham, Selraa & New Orleans Ry.

President— A. W.Jones, Selma, Ala.
Sec., Treas. & Supt.— A. M. Fowlkes, Selma, Ala.
Mast. Mech.—3. D. Fitzgerald, Selma, Ala.
Roadmaster—S. D. Killian, Selma, Ala.
Auditor— B. S. Melvin, Selma, Ala.

7^ Birmingham, Sheffield and Tennessee
River Ry.

President— Alfred Parrish, Philadelphia, Pa.
Vice- President— N. Thouron, Philadelphia, Pa.
Sec. and Treas.— Wm. Pearsall, Philadelphia, Pa
Gen. Counsel- R. T. Simpson, Sheffield, Ala.
Gen. Man. & P. Agt.—P. Campbell, Sheffield, Ala
Auditor— L. Long, Sheffield, Ala.
Cashier— Thos. L. Carter, Sheffield, Ala.
Chief Engineer— &. Mitchell. Sheffield, Ala.
Mast. Mechanic— J. T. Edwards, Sheffield, Ala.
floadmaster—T. W. Cantrill, Sheffield, Ala.
Supt. Bridges.— A. C. Davis, Sheffield, Ala.
Master Mac/i.—F. Hosller, Sheffield, Ala.

73 Black Hill* and Fort Pierre RR.

Pres. & Trea. — James B. Haggins, San Francisco, Cal.
Sec. A Gen. Mgr.— Thomas J. Grier, Lead City, So. Dak.
Supt. & Chief En g.—R. Blackstone, Lead City, So. Dak.
Mast. Mech.—John Spargo, Lead City. So. Dak.
General Counsel— G. C. Moody, Dead wood. So., Dak.

74 Bloomsburg and Sullivan RR.

Pres. cfe Gen. Counsel— C. R. Buckalew, Bloomsburg, Pa.
Vice-Pres. <fe Treas.— Samuel Wigfall, Bloomsburg, Pa.
Gen. Manager — F. M. Leader, Bloomsburg, Pa.
Secretary— R. 3. Conner, Orangeville, Pa.
Road Master— W. C. Fortune, Blooinsburg, Pa.

75 Bine Ridge and Atlantic RR.

Pres.,— Clarence D. Tourney, New York, N. Y.
Sec. & Treas.— Harold F. James, New York, N. Y.
Gen. Manager— K. Summer-field, Tallulah Falls, Ga.
And.— W. V. Lanraine, Tallulah Falls, Ga.

76 Bodie & Benton Ry. and Commercial Co.

President— H. M. Yerington, Carson, Nev.
Vice-President— A. J. Ralston, San Francisco, Cal.
Sec. <t Treas.— Thos. Menzies, San Francisco, Cal.

^Tr^f^r: \ Thomas Holt, Bodie, Cal.

Auditor— S. C. Grant. Bodie, Cal.

Mast, of Mach.—&. H. Barton, Bodie, Cal.

Mast. Mech.—E. L. Reese, Bodie, Cal.

M. of Car Rep.— J. H. Wymon, Bodie, Cal.

Road Master— W . V. Rodenhurst, Bodie, Cal.

Attorney— W. S. Wood, San Francisco, Cal.

77 Boston and Albany RR.

President— William Bliss, Boston, Maaa.

Vice-Pres. <fe Sec.— Edward D. Hayden, Boston, Maaa.

Gen. Counsel— Samuel Hoar, Boston, Mass.

Treasurer— Charles E. Stevens, Boston, Mass.

Gen. Manager— Walter H. Barnes, Boston, Mass

Gen. Supt.—G.. T. Gallup, Springfield, Mass.

Gen. Traf. Mgr.— Arthur Mills, Boston, Mass.

Gen. Ft. Agt.—H. B. Chapin, Boston, Mass.

Asst. Gen. Ft. Agt.— Hamilton Perkins, Boston, Mass.

Gen. Pass. Agt.— A.. S. Hanson, Boston, Mass.

Gen. Bag. Agt.—J.C. Lenix, Boston, Mass.

Chief Eng.—W. H. Russell, Springfield, Mass.

Ass't Eng.— Walter Shepard, Boston, Maas.

Bridge Eng.—\\. G. S. Cbamberlain, Boston, Mass.

Auditor— M. E. Barber. Boston, Mass.

Tick. Aud.—Geo. B. Griggs, Boston, Masa.

Car Accountant— 1, . A. Anthony, Springfield, Mass.

Asst. Treas.— F. H. Ratcliflfe, Boston, Mass.

Paymaster— Albert Holt, Boston, Mass.

\ A" B' tfnaerhill, Springfield, Maaa.
Mast. Car 5V.— F. D. Adams, Allston, Mass.

Division Superintendents— R. B. Chesley, Boston,
Masa ; Edwin I. Sackett, Springfield, Mass. ; W R.
Robeson, Jr., East Albany, N. Y.

78 Boston and Maine RR.

' President— Frank Jones, Boston, Mass.

I Acting Gen. Man.— John W. Sanborn, Boston, Maas.

Treasurer— Amos Blanchard, Boston, Mass.

Asst. Treas.— Herbert E. Fisher, Boston, Mass

Gen. Auditor— Wm. J. Hobbs, Boston, Mass.

G. P. & T. A.— Dana J. Flanders, Boston Ma?s

Asst. G. P. <t T. ^l.-Chas. E. Lord, Boston, Mass.

Gen. Traf. Man.—Wm. F. Berry, Boston, Mass.

Gen. Supt.— Daniel W. Sanborn, Boston, Mass.

Supt. West. Div.— Wra. Merritt, Boston, Mass.

Supt. East. Div.— Winslow T. Perkins, Boston, Maas.

Supt. So. Div.— George F. Evans, Boston, Mass

Supt. Nor. Div.— John W. Sanborn, Wolf. Jnn., N. H.

Supt. W., N. A P. Div.—G. W. Hurl burt, W'eter, Mass.

S. Concord Div.— Horace E. Chamberlin, Concord, N. H.

Supt. Passumpsic Div.—H E. Folsom, Lyndonville, Vt.

Parch. Agent — J. A. Famngton, Boston, Mass

Chief Eng.—R. Bissell, Boston, Masa.

Supt. M. P. <fe MacK'y— Amos R. Barrett, Boston, Masa.

Mast. Car J5V.— J. T. Chamberlain, Lawrence, Mass.

Gm Wnrft \ Charles M. Couer, East Cambridge, Mass.

'' \ s- R- Arev' Salem>

. \

13

14

JOHN DONALDSON, Prest., 136 S. 4th St., Philadelphia, Pa. GBO. ORMROD, Mgr. and Treas., Eiuaue, Pa

EMAUS PIPE FOUNDRY.

DONALDSON IRON GO,

MANUFACTURERS OF

AND SPECIAL CASTINGS FOR WATER AND GAS.

CAST IRON PIPE AND SPECIALS FOR WATER AND GAS.

ALSO FL.ANGED PIPE AND FITTINGS, HYDRANTS, GATES, PIG LEAD, ETC.

CHAS. MILLAR & SON, Manufacturer* of Lead Pipe and Plumber.* Material..

SELLING AGENTS. UTICA, N. Y. Wholesale Eastern Agents Akron Vitrified Sewer Plp«.

BROOKS, SHOOBRIDGE & CO.,

ENGLISH PORTLAND CEMENT

WORKS: Grays, Essex, England.
New York Office, 7 BOWLING GREEN,

UNION AKRON CEMENT CO.,

SOLE MANUFACTURERS OP THE

(STAR BRAND)

Warranted superior to any Hydraulic Cement Manufac-
tured in this Country.

Especially Adapted for BRIDGE ABUTMENTS, CONCRETE, and

USE UNDER WATER.

Capacity of Works, 2.OOO barrels daily.

Office, 141 Erie Street, Buffalo, N. Y.

BOS-BRO.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

78—93

78 BoMtoii and Elaine RR.— Continued.

\r / n ( Wm. R- Getchell, East Cambridge, Mass.
Meat. Car} Geo H Worrali Salem, Mass.
e»nien. | chas E Coppi Lawrence, Mass.
Paymaster— Charles H. Nowell, Boston, Mass.
Car Accountant— George S. Hobbs, Boston, Maes.
And. Pass. Accts. — Geo. E. Sturtevant, Boston, Mass.
And. Frt. Accts,— Wm. H. Allen, Boston, Mass.
Irav. Aud.—E. A. Maxfieid, Boston, Mass.
A f m „ A,ir1 (John J. Demeritt, Boston, Mass.
Asst. Trav. Auds. \ Freder!ck F church. Boston, Mass.
Supt. Telegraph— Horace N. Rowell. Boston, Mas^s.
Claim Agt.B. & M. Sirs.— A. L. Knight, Boston, Mass.
Claim Agt. So. Div.—J. C. Blood. Boston, Mass.
Seal Estate Aof.—O. S. Ross, Boston, Mass.
fuel Agent— Alfred. Perkins, Boston, Mass.
New Eng. Agt.—F. N. Chase, Boston, Mass.
Gen. Baggage Agf.—W. R. Brackett, Boston, Mass.
n- !>„„ j^f * Charles A. Waite, Worcester, Mass.
Div. Pass. Agts. - N p Loverinff Lyndonville, Vt.
Trav. Pass. Agt.— Frank D. Gourley, Boston, Mass.
Canadian Pass. Agt.— J. B. Lepire, Worcester, Mass.

f'N. L. Hobart, Boston, Mass.
™ jf * A , I S. C. Wvman, Boston, Mass.
Trm. Frt. AgtsA Walter Dolman, Boston. Mass.

[W. P. Berry, Boston, Mass.

79 Boston, Revere Beach and Lynn RR.

President— M.. O. Adams, Boston, Mass.
fl& Tkt^Agf [ John A- Fenno, Boston, Mass.
Supt. A Par. A.—C. A. Hammond, Boston, Mass.
Mas. Mechanic— R. D. Sutherland, Boston, Mass.
Mast. Car B'r.— John Coghlan, E. Boston, Mass.
Road Master — Charles Lavoix, Boston, Mass.

SO Bovvden Litliia Springs Short Line.

President— E. W. Marsh, Atlanta, Ga.
Vice- President— S. S. Marsh, Atlanta, Ga.

Jas' A' Wat80n' Lithia Springs, Ga.
Gen. F. A P. Agt.—J. E. Howland, Lithia Springs, Ga.

81 Bradford, Bordell and Kinzna Ry.

President— Geo. L. Roberts, Bradford, Pa.
Vlce-Pres.— H. K. Pomroy, 39 Broad St., New York, N.Y.

John C'

' Bradford' Pa'
Secretary— S. B. McGeorge. 20 Broad St. , New York.N. Y.
Aud.,Treas.<&Digp.—W. R. Dieffenback, Bradford, Pa.
Master Mechanic— Charles Greenough, Bradford, Pa.

83 Bradford, Eldrecl and Cuba RR.

Receiver— Thomas C. Platt, New York, N. Y.
Agt. for Rec. & Aud.— Frank M. Baker. Addison, N. Y
President-Frank H. Platt, New York, N. Y.
Secretary— Theodore F. Wood, New York. N. Y.
Treasurer— F. R. Weinne, New York, N. Y.
Supt.,Gen.Frt. I Atwood, Wellsville. N. Y.

83 Brant ford, Waterloo and Lake Erie RR.

President— G. H. Wilkes, Brantford, Ont.

Vice- President— Thomas Elliott, Brantford, Ont.

Treasurer — R. Henry, Brantford, Ont.

Secretary— J. J. Hawkins, Brantford, Ont.

Gen. Manager — A. J. Nelles, Brantford, Ont.

Gen. Frt. d6 Pas?. Agt.—W. Potticary, Brantford, Ont.

Gen. Auditor— A. K. Bunnell, Brantford, Ont.

Gen. Attorney— H.. McK. Wilson, Brantford, Ont.

84 Breckenridge Company RR.

President— D. Stewart Miller, Louisville. Ky.

Gen. Man.—H. D. Lafferty, Louisville. Ky.

Secretary— E. H. Irwin, Louisville. Ky.

Gen. Pass. &Fgt.Agt. — James Heron, Louisville, Ky.

85 Bridgton and Saco River RR.

President— Wm. F. Perry, Bridgton, Me.
Treasurer— P. P. Burnham, Bridgton, Me.

.

Chief Engineer— S. L. Stevenson, Gorham, Me.
Mast. Mech. & Pur. Agt.—'M.. M. Coswell, Bridgton, Me.

86 Bristol RR.

President—?. W. Clement, Rutland. Vt.
Treasurer-— R. G. Smith, Rutland, Vt.
Secretary— C. M. Wilds, Middleburg. Vt.
Superintendent— R.. S. Smith, Bristol, Vt.

87 Bristol Belt Line Ry.

President— 3. L. Stadelman, Ardmore, Pa.

Sec. <fe Gen. Supt.—S. L. Nicholson, Bristol, Tenn.
General Manager— W. A. Stadelman, Bristol, Tenn.
Mast. Car Rep.— John A. Ferg, Bristol, Tenn.
Road Master— Ben. Lacca, Bristol, Tenn.

88 Brockville, Westport and Sault Ste.
, Marie Ry.

President— R. G. Hervey, Brockville, Ont.

Vice-Pres.— W. H. Cole, Brockville, OnL.

Gen. Manager— Samuel Hunt, Cincinnati, O.

Treas., Gen. Supt.,)

Gen. Frt. Agt.. Mast. \ James Mooney, Brockville, Ont.

Trans]). & Pur. Agt. )

Sec., Trans. Agt. & Aud.—F*. A. Geiger, Brockville, Ont.

Chief Engineer— W. B. Smellie, Brockville, Ont.

Gen. Tkt. Agt.— Chilion dones, Brockville, Ont.

Hugh Wilkinson' Brockville, Ont.
R'a Mas. & Supt. Bruges— James Stinson, Athens, Ont.

89 Brooklyn and Brighton Beach RR.

President — James Jourdan, Brooklyn, N. Y.

Sec., Treas.— E L. Langford. Brooklyn, N. Y.

Gen. Supt.— J. L. Morrow, Flatbush, N. Y.

Gen. Tkt. Agent.— Percy W. Watkins, Brooklyn. N. Y.

Master Mech.—W. Finlay, Brooklyn, N. Y. "

Counsel— George I. Murphy, Brooklyn, N. Y.

90 Brooklyn and Ro« kaway Beach RR.

Chairm.B.D.& Pres.— Henry H. Adams. Brooklyn,N.Y.
Sec., Treas. & Aud.— Joseph E. Palmer.Jr., B'klyn, N.Y.
Gen. Supt.— William Warner, Canarsie, L. I.
Chief Eng.— Q. F. Balston. Brooklyn. N. Y.
Counsel— Thomas E. Pearsall, Brooklyn, N. Y.

91 Brooklyn, Bath and West End RR.

President— Ernest H. Davis, Brooklyn, N. Y.

Sec. & Treas.— G. M. Meais, Brooklyn, N.Y.

Gen. Supt.— John P. Heindell, Brooklyn, N. Y.

Pass. & Claim Agt.— Chas. E. Doddridge, B'klyn, N. Y.

Supt. of Transp.—l. N. Fraim, Brooklyn, N. Y.

93 Brooklyn Elevated RR.

President— Adolph Ladenburg. Brooklyn. N. Y.
Vice-Pres.— Anthony Barrett, Brooklyn, N.Y.
Sec. & Treas.— Fred. Uhlmann. Brooklyn, N. Y.
Auditor — W. B. Longyear, Brooklyn, N. Y.
Gen. Man., Chief Eng.—O. F. Nichols. Brooklyn, N. Y.
Master Trans.— Geo. W. Edwards, Brooklyn, N. Y.
Mast. ofMach.& Car Rep.—O. Fairhurst, Brooklyn, N.Y.
Road Master— John H. Simmons, Brooklyn. N. Y.
Transfer Agt.— Central Trust Co., New York, N. Y.

93 Browiistoite and Ifliddletowu RR.

President— Allen Walton, Waltonville. Pa.
Gen. Man.— A. K. Walton. Waltonville. Pa.
Secretary — E. A. Penny, Waltonville, Pa.
Sup(.—'R. J. Walton, Waltonville. Pa.

The Securities of Municipalities are growing in popularity as investments. Intend-
ing or actual investors who desire to learn the financial condition of any city, town,
county, or State, should subscribe for Poor's Hand-Book of Investment Securities ;
price, $4. Published at 7O Wall St., New York.

15

16

HARD, SPECULAR IRON ORE PAINT,

NUT BURNED, NOT CALCINED.

OWNER OF

Wm, Green's Several Patents

AND OF THE TRADE MARK

"IRON CLAD PAINT."

Sold Dry, Ground in Pure,
Boiled, Linseed Oil. Also
ready Mixed.

Dry Paint sold Gross
Weight. No charge for bar-
rels, and no deduction for
weight of barrels.

WEIGHT OF DRY PAINT.

No. 1, Rossie Red, weight 500
pounds to barrel.

No. 2, Light Brown, weight, 500
pounds to barrel.

No. 3, Brown Purple, weight, 800
pounds to barrel.

No. 4, Brown, weight, 600 pounds
to barrel.

OFFICERS.

A. EVERETT, President.
B. F. WADE, Vice-President.
JAMES WADE, Sec'y, Treas.
and Gen'l Manager.

DIRECTORS.
A. EVERETT,

JAMES WADE,

H. A. EVERETT,

CHAS. W. WASON,
B. F. WADE.

Iron Clad Paint Co.

Factory, 75 & 77 Central Way, Sec, &. Treas,, No, 3 Case Building,

O.

Trade Mark Patented. Paint Patented.

CLEVELAND, OHIO, March 5th, 1891.

F. O. B. CARS IN CLEVELAND, OHIO.

FIRST— For "Iron Clad Paint," ground in pure boiled linseed oil, and dryer, mixed ready for
the brush, in gallon cans, six cans or gallons in a case, No. 1, $6.00; Nos. 2, 3 and 4, each $6.60 per case.

In five gallon tin in Wooden Cases \ £°' ?' * ^ per,f allon ; 5°' *• * Cents ^ ***oa '

No. 3, $1.00 per gallon ; No. 4, 95 cents per gallon ;

In barrels of 50 gallons and upwards \ £°' *' » C6nt8 per *al,1On ; *°' *' *5 Cen<8 per g&"™ :

| No, 3, 90 cents per gallon ; No. 4, 85 cents per gallon.

No. 1, ROSSIE RED, - - weighs 13V£ Ibs. to the gallon.

No. 2, LIGHT BROWN, - - weighs 1 3U Ibs. to the gallon.

No. 3, BROWN PURPLE, - weighs 1.114 Ibs. to the gallon.

No. 4, BROWN, ... weighs 13^ Ibs. to the gallon.

See that the packages are all marked with the above "Trade Mark; unless so

marked they are not "Iron Clad Paint," ground in pure boiled linseed.

SECOND— For Iron Clad Paint, ground stiff (paste) in pure boiled linseed oil, in 25 pound cans-
four cans (100 Ibs.) in a case, $6.00 per case. In 100 pound Tin in Wooden Cases, $5.50 per case. In
half bbls. 4^ cents per Ib. net weight. In large bbls. order for 10 tons or more, will make it for 4*4
cents per Ib. net weight.

THIRD— For Dry Paint, gross weight, no charge for bbls. and no deduction for weight of bbls.

ORDERS.

FOR BBL. ORDERS.

No. 1, 500 Ib., $7.50
" 2, 500 Ib., 12.50
" 3, 800 Ib., 20.00
44 4, 600 Ib., 12.00

FOR TON ORDERS.

$25.00 per ton.
45.00
45.00
35.00

FOR 5 TON ORDERS.

$22.50 per ton.
40.00
40.00
32.50

$20.00 per ton.
35.00
35.00
30.00

ADDRESS ALL ORDERS TO

IRON CLAD PAINT CO.,

JAMES WADE, Sec'y and Treas.

No. 3 Case Building, CLEVELAND, OHIO,

BRO-CAD.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

94-105

94 Brownsville and Gulf Ry.

President— W. G. Raoul, New York. N. Y.

'-T. B. Russell. Brownsville. Tex
Sec. cfe r?v<7*.— A. B. Barton. Brownsville Tex.

95 Brunswick and Western RR.

President— H. B Plant, New York City.
Vice-PJ-e*.— M. F. Plant. New York. X. Y
Treasurer- J. Moultrie Lee, Savannah, Ga.
Secretary— R. B. Smith, New York city.
Supt. d- Parch. Ar/t.—Geo. W. Haines, Brunswick, Ga.

J' A- *c^e< Brunswick, Ga.

Traf. Man.— C. D. Owens. Savannah, Ga.
Cashier— Mark Verderv. Brunswick, Ga.
Auditor— R. S. Mclvef. Brunswick. Ga.
Gen. A tty.— Goodyear & Kay, Brunswick, Ga.
Mast. Mach'y—Q. B. Overton. Brunswick, Ga.

96 Bin louche and Moncton Ry.

President— Louis G. do Bertmm, Brooklyn, N. Y.
Vice-Pres.—J. L. Harris, Monctpn, N. B.
Manager cfe Treas — C. F. Harrington. Moncton. N. B.
Secretary— Thos. M.Williamson, Chipman, N. B.
Gen. Pass. Agent— C. E. Norton, Moncton. N. B.

97 Buffalo Creek RR.

President— F. L. Danforth, Buffalo, N. Y.
Sec. & Treas.— William H. Sayre, So. Bethlehem, Pa.
G-en. Agt. for Lesws— E. F. Knibloe, Buffalo, N. Y.
Treasurer for Lessees— A. Donaldson, New York, N. Y.
Road Master— S. E. Weed, Buffalo, N. Y.

98 Buffalo Creek Transfer RR.

President— Horace A. Noble, Buffalo. N. Y.
Treasurer— John R. Williams, Buffalo, N. Y.
Secretary— Fnink F. Williams, Buffalo, N. Y.
Gen. Supt. & Pass. Agt.—R. H. Williams, Buffalo, N. Y.

99 Buffalo, Rochester and Pittsburgh Ry.

President— Arthur G. Yates, Rochester. N. Y.
Asst. to President— Geo. E. Merchant. Rochester. N. Y.
Sec.& As*t. Trt ?*.— John H. Hocart, New York. N. Y.
Aud. d- Treasurer— J. F. Dinkey. Rochester, N. Y.
Gen. Supt.— Geo. W. Bartlett, Bradford, Pa.
G. P. d- F. A.— J. P. Thompson, Rochester. N. Y.
Chief En ?.— William E. Hoyt. Rochester. N. Y.
Eng. Main, of Waij—C. M. Cook. Bradford, Pa.
Asst. Chief Eng.-W. F. Jordan, Rochester, N. Y.
.9. M. P..— A. Dolbeer, Rochester. N. Y.
Mast. Car Hep.— Geo. C. Payne. Buffalo. N. Y.
General Car Aqent—T. F. Brennan, Bradford Pa
Pttrch. Agt.—Wm. J. Reilly, Rochester. N. Y.

Foremen Loco. Reprs. — F. G. Lauer. Rochester. N. Y. •
Geo. C. Payne. Buffalo, N. Y. : P. W. Croak. Bradford
Pa.: U. S. N. Crouse, Du Bois, Pa.
M-jst. Car Painter— Wm. J. Orr, Rochester, N. Y.

Road masters.— R. Dir.. J. McGarvey, Rochester.
NY. B. Dir., Henry Ware. Springville. N.Y. p. 2>ii\,
P. Calior, Punxautawney, Pa.

Train Ma*trrt.— R. !>>>•.. Thos. H. Kirk, Rochester
N. Y'. B. 7)iv.. E. D. Wells, Buffalo. N. Y. P. Div '
E. Kahoe, Bradford. Pa.

Traveling Ft. Ao-nf—K. W. Davis. Rochester, N Y
Trav. Pass. Agent— R. C. Lapey. Rochester, N. Y.
Transfer Aaentt—H. A. Iselin & Co.. New York, N. Y.
Registrar— Union Trust Co.. New York. N. Y.
Traveling Avd.—John McMahon, Rochester. N. Y.
Attorney, N. Y.— Henry G. Danforth. Rochester, N. Y.
Attorney, Peim.— Charles H. McCauley, Ridgway, Pa.
Land & Tax Agt.— John S. Rockwell, Angelica, N. Y.

100 Buffalo Kuii, Beliefontr and Bald Eagle

RR.

President— John Reilly. Philadelphia, Pa.
Sec. & Treas.— 3. L. Kurtz. Belief onte. Pa
Gen. Supt.— Thos. A. Shoemaker. Belief onte, Pa.
Chief Enqinfer— R. H. Boal. Bellefonte, Pa.
Mast. Car Rep.—D. C. Stone, Bellefonte. Pa.

101 Burlington and Missouri River RR. in

Neb.— (See Chicago, Burlington and Quincy RR )

1O£ Burlington and Northwestern Ry-.,
and Burlington and Western RR.

OFFICERS OF BOTH COMPANIES
->t— T. W. Barhydt, Burlington. la.
V.-P. B. & W.— C. P. Squires, Burliniron. la.
r.-P. B. d- xV. W. — Jno. T. Remey. Burlington, la.
Sec. & Treas.—R. M. Green, Burlington, la.

S?tSagGdfpu^Agf: I" John T.Gerry, Burlington, la.
Mast. Mech.—Adam Metz, Burlington. la.
Supt. of Br. d- R. Ma*t.—J. T. Sheahan. Burlington, la.
Acting Auditor— K. M. Boden. Burlington. la.

1O3 Burlington, Cedar Rapids &
Northern Ry.

Pres. & Gen. Supt.—C. J. Ives, Cedar Rapids. la.

V.-Pres. d- Supt.— Robert Williams, Cedar Rapids, la.

Treasurer— H. H. Hollister. New York. N. Y

Sec. & As. Trea#.—S. S. Dorwart. Cedar Rapids. la.

A. Supt. d- G. A.— W. P. Brady, Cedar Rapids. la.

A. S. Pac. Dir.—Geo. A. Goodell. Estherville. la.

G. P. d- T. Agt.— J. E. Hannegan, Cedar Rapids, la.

Gen. Ft. Agent— C. D. Iv^s. Cedar Rapids. la.
i ven. Solicitor— S. K. Tracy. Burlington. la.
1 Chief Engineer— H. F. White, Cedar Rapids. la.
> Asst. Chief Eng.— F. A. Macdonald, Cedar Rapids. la.

/«« JT ,„;, -a -o ) J- M- Brown, Cedar Rapids. la.
, Div. Engineers -, p G Herner? Estherville. la.

Auditor— J. C. Broeksmit. Cedar Rapids. la.

Freight Auditor—'W. F. Broeksrait.Cedar Rapids. la.

Trav. Aud.— A. R. Foote, Cedar Rapids. la.

Asst. Trav. Aud.—T. B. McRae. Cedar Rapids. la.
; Paym. & Pur. Agt.—T. Stickney. Cedar Rapid*. la.
! Car Accountant— G. S. Russell. Cedar Rapids, la.

Mast. Jfech.—R. W. Bushnell. Cedar Rapids. la.

As. G^n. Fat. A.— T. H. Simmons. Cedar Rapids, la.
; S. T. d- Tn. Z>.-W. P. Ward. Cedar Rapids. la.

Supf. Water Supjyly— J. White, Cedar Rapids. la.
: Foreman Car Painters— Wm. Linter, Cedar Rapids, la,
Train Masters— E. O. Sonle. Iowa Falls, la. : P. A.

Murphy, Cedar Rapids, la.; C. S. Weston, Cedar Rapids,

la. ; J. P. Forrest, Estherville. la.

TV/IW p/iJH! Ant* J J. H. Murray. Chicago, 111.

Trav. Pass. Agts.-\ w c Boar(fraan> St Louis. Mo.

Trar. FnifflU Agents— B.. Aldrich. Cedar Rapids. la.;
W. G. Haskell. Vinton. la.

r>^ A^nf* » W- A. Kendall. Burlington. la.
Gen. Agent, \ M M Rnapp Davenp6rt? Ia

104 Burnside and Cumberland RR.

P?v.v. <{• Ger,. Man.—C. W. Cole, Cincinnati, O.

Vice-President— Oliver Kinsey, Cincinnati. O.

SM. & Aud.—yi. F. Molloy, Cincinnati, O.
j Gen. Supt.— Alex. Kendall, Nashville, Tenn.
! Gen. Fgt. d- Pas.*. Agt.—\. B. Massey. Burnside. Ky.
i TV. Agt. d- P. Agt.—S. K. Holloway. Cincinnati. O.

1O5 Cadillac and Northeastern RR.

Pres. d- G. Wgr— W. W. Cummer, Cadillac. Mich.
V.-Pres. d- Trea*.—3. Cummer, Grand Rapids. Mich
Sec. db Aud.—Jas. M. Barnett, Grand Rapids, Mich.

°'&9ir A E" !' J' S' Campbell, Cadillac. Mich.
O€».fgt.d> Tic. Anf.—?;. V. Gerrish, Cadillac, Mich.
Mast. Car Rep.— J."Chamberlin, Cadillac. Mich.
Foreman Loco. Rtp.—E. White, Cadillac, Mich.
Road Master— *L. Bracken, Cadillac, Mich.

PETTIBONE, MULLIKEN & CO., Chicago, 111.

Frogs, Crossings, Split Switches.

17

18

STANLEY &.

t£ CO,

North 19th St., Pennsylvania Ave, and Hamilton St., PHILADELPHIA, PA,

Malleable Iron, ..JBW Cast Iron, Wrought Iron

and Steel Fittings

Air-Brake Pipe and Fittings,

for Wrought Iron Pipe.

Car Heating Equipment,

KEYSTONE HOFT METAL TJTVIO1V,

Ready for immediate use — requires no washer — can be made tight with but little pressure.

Sight-feed Locomotive Cylinder Lubricator

is guaranteed to work uniformly UNDER ALL CONDITIONS, whether using

steam, shut off or running down hill reversed. No auxiliary oilers needed.

No small tubes inside to clog or break off. More efficient

lubrication and with less oil than any other

cup on the market.

WRITE FOR ILLUSTRATED CIRCULAR.

Lackawanna Lubricating Co., Scranton, Pa.
SCHOEN MANUFACTURING CO.

MANUFACTURERS OF
ARTICLES IN

PRESSED STEEL

FOR

Railways and Car Construction,

THE STEWART & MATTSON MFG. CO.,

MANUFACTURERS OF

RAILROAD CAR TRIMMINGS,

BRASS WORK FOR STEAMERS AND SHIPS,

Locks, Hinges, Window and Seat Fixtures, Basket Racks, Switch Locks, etc., etc. Car Bearings ;ind
Ing-ot Metal. General Artistic Brass Work. Grilles, Railing's, etc., for Banks, Offices, etc.

OUR WORK UNEQUALED FOR QUALITY AND FINISH.

Railroad Car Tritnming-s Repaired, Repolished, Silver or Nickel Plated, Oxidized or Bronzed,
Platform Railing's Hand Silver Plated, Fine Brass and Bronze Casting's.

SOLID CAST STEEL SHOVELS AND SCOOPS.

Works: 2O42 to 2O52 NORTH TENTH STKEET,

Send for New Illustrated Catalog-ue for 1891. fhiladelphiar Penna- V. S., North America.

CAH-CAN.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

lOtt— 115

1O6 Cahaba Coal Mining Co.'s RR.

Pres. ti Treas.— T. II. Aldrich, Blocton. Ala.
Vic* Prut. & ^f(rr. —Cornelius Cadle, Blocton, Ala.
Gen. Supt.— P. B. Thomas, Blocton, Ala.
S,cr<f(iry— Jno. Grote, Blocton. Ala.
livad Matter— HL Vance, Blocton, Ala.

1O7 California and Nevada Ry.

Presidtnt <<• Gen. Auditor— J. S. Emery, Oakland, Cal.
Vice- President— Abner Doble, San Francisco, Cal.
Sec. cfe Treas.— E. A. Phelps, San Francisco, Cal.
Chief Eng.—C. Bendeke, Oakland, Cal.
Gen. Attorne-j—J. J. Scrivner, San Francisco, Cal.

108 Calumet and Blue Island Ry.

Prts.. G. Man.. <{• Treas.—W.G. Brimson, Chicago. 111.
Secretary <k Auditor- J. S. Keefe. Chicago. 111.
Purchasing Agent— L. D. Doty, Chicago, 111.
(' hit f Engineer— F. C. Bates, South Chicago, 111.
Mast. Car Rep.— Scott Bridges. South Chicago, 111.
Road Master— John Merrion, South Caicago. 111.
Supt.-U. M. Richey, So. Chicago, 111.
Mast. Mach.—<J. J. Clifford, So. Chicago, 111.
Vast. Car Painter— A. M. Kain, So. Chicago, 111.
Fore. Loco. Bepre.— Hamilton Fordyce, So. Chicago. 111.

1O9 Calumet River Ry.— (See Pennsylvania
Company.)

11O Camden and Alexandria RR.

Superintendent— C. C. Henderson, Eldorado, Ark.
Chief Engineer— W . R. Smith, Camden, Ark.

Ill Camdeu and Atlantic RR.

President— Geo. B. Roberts, Philadelphia, Pa.
Vice- President— Wm. J. Sewell, Camden, N. J.
Gen. Mgr.—Chzs. E. Pugh, Philadelphia, Pa.
Treasurer— Robert W Smith, Philadelphia, Pa.
Asst. to Treas.— John M. Wood, Philadelphia, Pa.
Secretary— Jas. R. McClure, Philadelphia, Pa.
Gen. Solicitor— John Scott, Philadelphia, Pa.
Asst. Gen. Solicitor— Jas. A. Logan, Philadelphia, Pa.
,, . „ t Robert W. Downing, Philadelphia, Pa.
Comptrollers- } M Riebenack, Philadelphia, Pa.
Aud. Pass. Receipts— M. Riebenack, Philadelphia. Pa.
Asst. Aud. P. Rec.—A. J. Gillingham, Philadelphia. Pa.
Aud. Fgt. Receipts— Geo. M. Taylor, Philadelphia, Pa.
Aud. Coal Fgt. Receipts— J. Justice, Philadelphia, Pa.
Aud. Disb.— 'Joseph L). Greene, Philadelphia, Pa.
Asst. Aud. Disb.— Oscar A. Knipe. Philadelphia, Pa.
Gen. Fgt. Ag(.—Wm. H. Joyce, Philadelphia. Pa.
Asst. Gen. Fgt. Agt.—C. A. Chipley, Philadelphia, Pa.
Frt. Claim Agt.—Y. D. Howell, Philadelphia, Pa.
Real Est. Agt.—J. C. Wilson, Philadelphia, Pa.
Chief Conveyancer— Geo. W. I. Ball, Philadelphia, Pa.
Div. Fgt. Agt.—'E. W. Coffin, Camden, N. J.
Gen. Pass. Agt.-J&s. R. Wood, Philadelphia, Pa.
Ass. Gen. Pass. Agt.— Geo. W. Boyd, Philadelphia. Pa.
Div. Tkt. Agt.—J.'S. Hackett, Philadelphia, Pa. •
Gen. Bag. Agt.—F. J. McWade, Philadelphia, Pa.
Pur. Agt.- Enoch Lewis, Philadelphia, Pa.
Asst. Pur. Agt.— A. W. Sumner, Philadelphia, Pa.
Chief Engineer— W. H. Brown, Philadelphia. Pa.
Gen. Supt. Trans.— S. M. Prevost, Philadelphia, Pa.
Superintendent — A. O. Dayton, Camden, N. -J.
Gen. Supt. M. Pow. — Theodore N. Ely-, Altoona, Pa.
Supt. Mo. Pow.—H. S. Hay ward, Jersey City, X. J.
Gen. Exp. Agt.— Robt. Stretch, Philadelphia, Pa.

112 Canada Atlantic liy.

President— J. R. Booth, Ottawa, Ont.

Vice- President— George H. Perley, Ottawa, Ont.

Sec. cfe Treas.— A. W. Fleck, Ottawa, Ont.

112 Canada Atlantic Ry.— Continued.

Gen. Man. & Pur. A.—E. J. Chamberlin, Ottawa, Out.

G. F. cfe P. A.—C. J. Smith, Ottawa, Ont.

Auditor— A. G. Peden, Ottawa, Ont.

Supt. Trans, cfe M. Mech.—M. Donaldson, Ottawa, Ont.

Chief Engineer — G. A. Mountain. Ottawa, Ont.

Road Master— John Graham, Ottawa, Ont.

S. Teleg. & Train Disp.—J. E. Duval, Ottawa, Ont.

r *„« /» * R- K. Claire, Ottawa, Ont.

Gen. Agents -, j w Daws,eV) Montreal, Ca.

Trav. Agt.-Geo. H. Phillip, Valleyfleld, One.
Gen. E. Agt.—RojaA Whiton, Jr., Boston. Mass.

113 Canada Eastern Ry.

Pres., G. M. & P. A.—J. B. Snowball, Chatham, N.B.
Vice- President— Alex. Gibson, Marysvillf, N. B.
Treasurer— W. B. Snowball. Chatham, N. B.
Local Treas.— S. M Loan, Chatham, N. B.

'• ' n,./-.rr,^ T< firannrv^ Fredindoti, N. B.

hatham, N. B.

Master Maeji'y—A. Alcorn, Gibson, N. B.
Mast. Car Rep.— John Mabee, Gibson, N. B.
Road Master — E. Johnston, Gibson, N. B.

Gen. Aud., Aud. Pass.
Rec^ts, Traf. Aud.
<fe Tkt. And.

-A. McN. Shaw, Chatham, N. B.

114 Canadian Government Railway-.

Minstr. ofRys.—Hon. John Haggart, Ottawa, Ont.
Dep. Min. of Rys.— T. Trudean, Ottawa, Ont.
Sec. Dept. Rys. & Can als— (Vacancy) Ottawa, Ont.

<*f'Eng' >, Ottawa, Out.

C'

(a) Intercolonial Ry.

Chief Supt.— David Pottinger, Moncton, N. B.
Treas. <fe C. Ace.— Thos. Williams, Moncton, N. B.
Gen. Tick.& Pass. Agt.— Art.hur Busby, M'cton, N.B.
Gen. Fgt. Agt. — George Taylor, Moncton, N. B.
Mech. Supt.—H. A. Whitney, Moncton, N. B.
Chief Eng.—P. S. Archibald, Moncton, N. B.
Asst. Eng.—W. B. McKenzie, Moncton, N. B.
G. Storekeeper — Thomas V. Cook, Moncton, N. B.
Traffic Aud.— J. R. Bruce, Moncton, N. B.
Sup. H. & St. J. D.—J. J. Wallace, Truro, N. S.
Sup. 31. & C. Dtet.—J&me* E. Price, Campbellt'n, N.B.
Sup.Q.&S.F.D.— A.R.McDonalrl, Riviere du Loup, Que.
Foreman Car Repairs— D. White. Moncton, N. B.

Mechanical Foremen— Wm. Johnston, Halifax, N. S.;
George Fixt, Riviere du Loup, Que.; J. A. Bayne,
Truro, N. S.; D. Sinclair, St. John. N. B.: Wm. Russell,
New Castle, N. B.; J. A. Johnson, Campbellton, N. B.;
H. Ouellet, fc-te. Flavie, Que.; one vacancy.

Road Masters— James Yeo, Riviere du Loup, Qiu-.;
Wm. Rainnie, James Patterson, Campbellton, N. B. ;
Wm. McLellan, Newcastle, N. B.; Isaac Deboo, Monc-
ton, N. B.; Cyrus W. Archibald, Truro, N. S.; A. B.
Gray, New Glasgow, N. S.; Robert Maxwell, Westville,
N.S.

(ft) Prince Edward Island Ry.

Sup., Pur. Agt. & Mech. Su.— J.Unsworth,CharlVn,P.E.I.
Aud. & Treas.— W. T. Huggan, Charlottefn, P. E. 1.
Finn. Loco. Reps. — Henry Anderson, Charlottet'n, P.E.I.
Master Car fildr.— Henry Coffin, Chariot tetown. P. E. L
Master Car Painter— Chas. Simmons, CharlTi), P. E. I.

Road Masters

Charlottetown, P. E. I.

115 Canadian Pacific Ry.

President— W. C. Van Home, Montreal, Que.
Vtce-Prefident—T. G. Shaughnessy, Montreal, Que.
Secretary— Chas. Drinkwater, Montreal, Que.
Chief Solicitor— Geo. M. Clark, Montreal, Que.

Industrial Securities are now attracting widespread attention throughout this
country. Full information in reference to all the leading industrial corporations whose
securities are of public interest will be found in Poor's Hand-Book of Investment
Securities; price, $4 per copy. Special investigations and reports made by Poor's
Bureau of Information and Investigation, 70 Wall St., New York.

19

20

LONG LEAF GEORGIA PINE.

STILLWELL, MILLEN & CO.,

LUMBER .AND TIMBER,

L. R. MILLEN & CO., 16 Beaver St., N. Y., Northern Representatives.

Having had a long experience in the business, and exceptional facilities, we are pre-
pared to furnish promptly via all Rail, Steamer, or Sailing Vessels, for the
Domestic and Foreign Trade,

GEORGIA PINE CAR SILLS, DECKING, BRIDGE, AND BUILDING TIMBERS,

ss Ties,

KILN-DRIED D. & M. FLOORING, CEILING, Etc., Etc.

Mills located in the best belts of Georgia Long Leaf Pine on lines of the East
Tenn., Va. & Georgia R.R., Savannah, Florida & Western Railway, Bruns-
wick & Western R.R., and Central R.R. of Georgia.

Shipping Ports: SAVANNAH and BRUNSWICK, GEORGIA,

For interior point* DIRECT FROM MILLS.

Correspondence with Railroads, Car Builders, Contractors, and large consumers respect-
fully solicited. Address

STILLWELL, MILLEN & CO., Savannah, Ga.

50LE AGENTPORTHEMftELECrRim

MANUFAo7URERS

THE LARGEST' CRL05OTIMG PLANT \fk
cfe

Y E L L O W^ IPIISTE

160 WATER STREET, NEW YORK.

Shipping Ports: Jacksonville, Fernandina, King's Ferry, Pensacola, Florida; Mobile, Ala.

Lumber for South America, West Indies, Ship Building, Railroads, and
other purposes, cut to order.

CAN-C.VK

POORS DIRECTORY OF RAILWAY OFFICIALS.

115-122

115 Canadian Pacific Ky. -

."••', /ftv Man. -George Olds. Montreal, Q.tie.

t«y, Toronto. Ont.

• 'fuller 1. G. Ogden. Montreal. Que.

-W. Sutherland Taylor, Montreal, Que.
Axst. Treas.—H. E. Suckliiiir." Montreal, Que.
Land Qontnttesioner—Li. A. Hamilton, Winnipeg, Man.
Hn'i'tncer—P. A. Peterson. Montreal. Que.

Agt.—D. McXicoll. Montreal. Que.
Assl. Gen. Pass. Agt. -C. E. E. I'sslicr. Montreal, One.
A**t. Fgt. Traffic Man. )

lines east of Port >G. M. Bosworth. Toronto. Ont.
Arthur \

Man. of Telegraphs -C . R. Hosmer, Montreal. Que.
Purch. Agt.— A. C. Henry, Montreal, Qne.
G&i. Storekeeper — W. H. KeNon. Montreal, Que.
M-<-h. Supl.—D. Preston, Montreal, One.
Master Car Builder— J. Higginson, Montreal, Que.

"tiSkaS9 ' J- A- Sheffldd' Monto»I« ^ue-

d'e/z. j?a<7. .4 <7/.— George S. Cantlie, Montreal, Que.
And. Disbursement*— a.. L. Penny, Montreal, Que.

*"£<*}& ^ r^-C-J. Flanagan, Montreal. Que.
And. Pass. Receipts— J. H. Shearing. Montreal, Que.
£?//>£. Car Service — J. Oborne, Montreal, Que.

EASTERN DIVISION.

Gen. Supl.—C. W. Spencer, Montreal, Qne.

Gen. Fgt. Agt.—W. B. Bulling, Jr., Montreal, Que.

f H. B. Spencer. Ottawa, Onr.

I G. J. Bury. North Bay. Ont.
Axxt. Xupts. \ W J. Singleton, Chapleau. Ont.
T. Hay, Schreiber, Ont.

(W. C. Hall, Quebec, Que.

ONTARIO AND QUEBEC DIVISION.

Gen. Supt.— Thomas Tait, Toronto, Ont.

Gen. Fgt. Agt. lines U'est i J. N. Sutherland, Toronto,

of Smith's Falls \ Ont.

Gen. Fgt. Agt. lints east \ W. B. Bulling, Jr.. Montreal,

of Smith's Full* f Que.

\- j- w- Le°nard' Manual, ^ue-

Asst. Supte.—R. R. Jamieson, Toronto, Ont.: T.Wil-
liams, London, Ont.; R. Cardiff, Smith's Falls, Ont •
F. P. Brady, Farnham, Que.

\ G S- M«*innon, Farnham,Que.

eo. Preston,

Road Masters — Lines west of Montreal: J. Drink-
water, Smith's Falls, Ont.: A. McCauley, Havelock,
Ont.; D. Mahoney, Peterboro', Out.; J. G'ordon, Park-
dale, Ont.; A. Gordon. Oraugeville, Ont.; E. Murphy,
Woodstock, Ont,; W. Rose. London, Ont. Lines f.jgt
of Montreal: Galvin Sharks, Sutton, One.; Thomas
Landers, Farnham, Que.; Wm. Moe, Waterloo Que •
P. McCarthy, Sherbrooke, Que.

ATLANTIC DIVISION.

Gfn. Supt.—R. P. Timmerman, St. John. X. B.
Superintendent— John Stewart, Woodstock. Ont.
Sunt.—J. H. Van Zile, Brownville. Me.
Gen. Fgt. Ag(.—E. Tiffin, St. John, N. B.
Mast. Mech.—H. A. Haggerty. Meddam Jet., N. B.

Road Masters— D. Brown, Fairville, X. B.; C. W.
Burpee, Woodstock, N. B.: D. Tapley, Woodstock. X
B.: T. H. Nason. Aroostook Junction. N. B.; W. S.
Barrett, Brown ville Junction, Me.

WESTERN DIVISION.

Gen. S'ipt.—W. Whyte, Winnipeg, Man.

Asst. Sitpfs.— J. A. Cameron. Port Arthur, Ont.; J.
Murray, Winnipeg, Man.; C. W. Milestone. Moose
Jaw, N. W. T.; J. Niblock, Medicine Hat, N. W T
Gen. Fgt. & Pass. Agt.— Robert Kerr, Winnipeg, Man.
Master Mech.—W. Cross, Winnipeg. Man

Road Masters— C. J. Panser, Winnipeg, Man • O.
Johnson. Manitou, Man.; D. B'ack, Rat Portage, Ont.;
M. P. Murphy, Fort William, Ont.; J. Ryan, Rat Por-
tHge, Ont.; F. W. Green. Brandon, Man.; M. Lillis,
Mocsc Jaw, N. W. T.: J. Kellet, Moose Jaw, N. W.T ;
J. Homer, Medicine Hat, N. W. T.; W. A. Perry, Can-

115 Canadian Pacifi< K>. -Continued.

more. N. W. T.; G. Erickson, FiHcl, B. C.; D. Mcln-

tosh. Regina, X. W. T. : J. Armstrong, Medicine Hat,

N. W. T.

PACIFIC DIVIM..S.

Gen. Supt.— Harry Abbott, Vancouver, B. C.

XitlH-rintrnd-nt K. Marpole, Donald. B. C.

Asut. .s''////. \V. Downie, Vancouver, B. C.

Gen. Fgt. cfe Pass. Agt.— Robt. Kerr, Winnipeg, Man.
I Asst. Fgt. cfe Pass. Agt.—D. E. Brown. Victoria, B. C.

M'txf. JfocA.— L. R. Johnson. Vancouver. B. C.

Roa<l Mnxtt r.-- \. Macdoriald. Vancouver. B C ; W
I Kelly, Shnswap, B. C.; W. Newman, Donald, B (
j

116 Cape Fear and Vadkiu Valley Ry.

Pi-esident—W . A. Lash, Greensboro'. X C.
Sec. & Tranxf. Agt.— John M. Rose, Fayetteville. X <'
Treasurer— J. R. Williams. Fayetteville, X
Gen.Mgr. & Parch. Agt.— J. W. Fry, Greensboro'. X r
Gen. Frt. & Tkt. Agt.—W. E. Kyle. Fayetteville, N. C.
Chief Engineer— H. L. Fry, Greensboro', N. C.
(rt-n. Counsel— Ron. George M. Rose, Fayetteville. X < .
Gen. Auditor— R. W. Bidgood, Fayetteville. I
Master MacVy—l. W. Clark. Fayetteville. X <
Ma»t. of Car Rep.—J. R. Ledbetter, Fayetteville. N.C.
Mast, of Trains-J. C. Murchison, Greensboro'. X C.
Supt. of Bridges— N. L. Hall, Summerneld. N. C.
«,.„,,„,,„_, J F. P. Stewart, Jonesboro'. N. C.
* | H. D. Knight, Germanton, N. C.

117 Cape ITIay and Seweir- Point RR.
Receiver— J. J. Burleigh, Camden. X. J.

Secretary— Thad. P. Varney, Camden. N J.

118 Caraquet Ry.

Pres. & G. Man.—K. F. Burns. Bathurst. N. B.
Gen. Supt. — P. H. Melvin. Bathurst. X. B.

•. <fe Treas.— John Sivewright, Bathurst, N. B.

Chief Engineer — William Mann. Bathurst. N. B
Parch. Afft.—T. M. Burns. Bathurst. N. B.
Transfer Agt.— Wm. Walsh, Bathnrst. N. B.

119 Carillon and Grenville Ry.

President— G. W. Simpson. Montreal, Que.
Vice-Pres.— H. W. Shepherd, Montreal, Que.

Gep'urch '47? '"' tf f R' W" Shepherd, Jr., Montreal. Que.

Tkt. Agt.— A.. E. Blags, Montreal. Que.
General Supt.— John McGowan, Carillon, Que.
M. M. <fc Fmn. Loco. Rep.— John Halsey, Carillon. Que.
Mast. Car Rep'rx—A.. Boileau, Carillon, Que.
Road Master— James McMakin. Carillon. Qur.
Gen. Auditor— Edward Scott, Montreal, Que.

12O Carolina Central RR.~(See Seaboard Air
Line.)

131 Carolina, Knoxville and Western RR

President— Wm. Bailey. New York. N. Y.
I Vice-Pres.— J. B. Humbert. Greenville, S. C'.
Sec. & Treas.— C. P. Wardlaw, Augusta. Ga.
Gen. Mgr., Supt.. Ticket, )

Fgt. & Pur. Agt., Mast. VA. B. Byrd. Greenville. S. C.

of Trans. \

Asst. Gen. Mar.—F. M. Green, Greenville, S. C.
Master Car Rep.— John McCann, Jr.. Greenville, S. C.
A. <fe Pttym'r—Wm. Bailey, Jr., New York City. N. Y.
Gen. Solicitor— W.^E. Jackson. Augusta, Ga.

12'^ Carolina Midland Ry.

President— Geo. A. Wagener, Charleston. S. C.
Vice-Pres. <£ TVou.— Mike Brown, Barnwell, 8. C.
Sec. <fe And.— H. R. Walker. Barnwell. S. C.
Gen. Snpt.-J. C. Keys, Blackville. S. C.
Gen. Fgt. Agt.—S. B. Picken*, Charleston, S. C.

22

Automatic

WATER COLUMNS

—AND —

TANK VALVES.

JOHN N. POAG-E,

C21.iiol.nua.tl, Oiiio,

17. e. jk.

CAR-CEN.

POOR'S DIRECTORY OF RAILWAY OFFICIALS

1*23—133

123 Carrabelle, Tallahassee and Georgia
RR.

President— William Clark, New York. N. Y.
Vice-President— Fred. T. Myers, Tallahassee, Fla.
Sec. & Treas.— Robert Gumming, Newark, N. J.
Gen. Counsel— W. A. Simmons, New York, N. Y.
Gen. Manager— A.. Orr Symington, Carrabelle, Fla.

124 Carson and Colorado RR.

Pres. & Gen. Sitpt.—H. M. Yerington, Carson, Nev.
Vice- President— D. L. Bliss, Carson, Nev.
Treasurer— $. P. Smith, Sacramento, Cal.
Sec. cfe G. F. & P. A.— D. A. Bender, Carson, Nev.
Asst. Secretary— E. B. Yerington, Virginia, Neb.
Auditor— Geo. T. Mills, Carson, Nev.
Asst. Gen. Supt.—R. J. Laws, Hawthorne, Nev.
Supt. Teleg.—A. M. Ardery, Carson, Nev.
Purch. Agt.— Hume Yerington, Carson, Nev.
Mast. Mech.— Ch&r\es Quinn, Hawthorne, Nev.
Master Car Builder— C. A. Brulin, Carson, Nev.
Master Car Painter — Jos. Castle, Carson, Nev.
Road Master— J. H. McBride, Hawthorne, Nev.

125 Carthage RR.

President— J '. C. Black. Carthage, N. C.
Secretary — W. J. Adams, Carthage, N. C.
Treasurer— L. P. Tyson, Carthage, N. C.
Attorneys — Black & Adams, Carthage. X. C.
Gen. Manager— W. C. Petty, Carthage, N. C.

126* Carthage and Adirondack Ry.

President— Chas. F. Cox, New York, N. Y.
Treas. £ Sec.— Allyn Cox, New York, N. Y.
Supt., Chief Eng..Pur. )

Agt., & Gen. Fat. & } G. F. Huggans, Carthage, N. Y.
Tkt. Agt. )

Auditor— W. S. Allen, Carthage, N. Y.
Road Master— Spencer Bryant, Carthage, N. Y.
Car Accf.—T. H. Lawrence, Carthage, N. Y.
Gen. AtCy— Randolph Parmly, New York City.

127 Catasauqua and Fogelsville RR.— (See

Philadelphia and Reading RR.)

128 Catskill Mountain Ry.

President— A. Van Santvoord, New York, N. Y.
Vice- President— Charles L. Beach, Catskill, N. Y.
Treasurer— Orrin Day, Catskill, N. Y.
Sec., Gen. Supt., Purch. & I Charles A. Beach, Catskill,

Tramf. Agt. & And. \ ' N. Y.
Mas. Mchy. & Car Rep., tfd\3. L. Driscoll, Catskill,

Mas, & Supt. Bridge* j N. Y.

129 Central Arizona Ry.

President— T. E. Hinckley, Chicago, 111.
V.-Pres. & Gen. Man.—D. M. Riordan. Flagstaff, Ariz.
Treas. & Avd.—¥. W. Sisson. Flagstaff, Ariz.
Secretary— M.. J. Riordan, Flagstaff, Ariz.
Superintendent— -T. A. Riordan, Flagstaff, Ariz.
Gen. Pass. Agt.— Jay G. Robinson. Chicago, 111.
Gen. Fgt. Agt.— A. M. Hinckley. Flagstaff, Ariz.
Chief Engineer— Wood bury Howe, Flagstaff, Ariz.
Chief Attorney— T. G. Norris, Chicago, 111.

13O Central RR. of South Carolina — (See
Atlantic Coast Line.)

131 Centralia and Chester RR.

President—?. B. Needles, Sparta. 111.

Vice- President— C. E. Smith, New York, N. Y.

131 Centralia and Cheater RR.— Continued.

g: 3' M' McCutcheon, Sparta, 111.
Gen. Pass. & Fgt. Agt.— Geo. H. Borneman, Sparta, 111.
Auditor— R. H. Rosborough. Sparta. 111.
Supt. of Con. & Cfif. Eng.—R. W. Schmidt, Sparta, 111.

132 Central New England <fc Western RR.

Rectiver— James K. O. Sherwood, New York, N. Y.

President— A. A. McLeod, Philadelphia, Pa.

Secretary— W. R. Taylor, Philadelphia. Pa.

Gen. Supt.— I. W. Fowler, Hartford, Ct.

Gen. Fgt. & Pass. Agt.—C. A. Hayes, Prghk'ps'e, N. Y.

Train Master— Y. B. Hook, Hartford. Conn.

Car Accountant— H. L. Harlbrd. Hartford, Conn.

Auditor— H. W. Watson. Hartford. Ct.

Purch. Agt.—W. J. Cromwell. New York. N. Y.

Through F. Agt.— Samuel A. Story, Boston, Mass.

Soliciting Agt.— K. K. L:nes, Pou«hkeepsie, N. Y.

133 Central Ontario Ry.

President— $. J. Ritchie, Akron. O.

Gen. Fgt. & Tkt. Agt.— Geo. Collins, Trenton, Out.
Purch. Agt.— Geo. J. Chadd, Trenton, Oi.t.
Mast. Macfry, Fore. Loco, i

Heps., Chf. Eng. & Mast. ^Dan'l Duff, Trenton, Out.

of Car Rfp. \

Road Master — Guy Marshall, Trenton, Ont.
Car Acct.—~R. H. Spencer, Trenton. N. J.
Gen. Conns. & AWij-'Ee\\ & Bigger, Belleville, x. J.

134 Central RR. and Banking Co. of
Georgia.

President— -H. M. Comer, Savannah, Ga.

Gen. Supt.— Geo. Dole Wadley, Savannah, Ga.

Traffic Manager— W. F. Shellman, Savannah, Ga.

Comptroller- Edw«rd Mclntyre, Savannah, Ga.

Treasurer — Central Railroad Bank, Savannah, Ga.

G. Pass. <£ Fgt. Agt.—W. A. Winbnrn, Savannah, Ga.
Auditoi — Milb S. Freeman, Savannah, Ga.

C. Eng. of Main, of Way—Wm. Hunter. Savannah. Ga.
Paymaster — John G. Robertson, Savannah, Ga.

Car Accountant— Thco. Wells, Savannah, Ga.
Supt. Main Stejn Div.—R. R. Dill, Savannah, Ga.
Supt. Souihw'rn Div.—D. D. Curran, Macon, Ga.
Supt. S. Carolina Div.—T. S. Moise, Augusta, Ga.

Master Mechanics— -F. H. McGee, Macon, Ga. ; G. W.
O'Brien, Augusta, Ga. ; J. L. Whirsitt, Columbus, Ga. ;
W. O. Charlton, Chattanooga, Tenn.

General Foremen — Wm. QuantocK, Savannah, Ga.;
J. J. Anderson, Macon. Ga. ; W. H. Stulb, Augusta,
Ga.; W. A. Love, Atlanta, Ga.

Foremen Car Repairs — C. E. Inman, Savannah, Ga.:
M. A. Goodyear, Macon, Ga. ; J. J. Gribble, Augusta,
Ga. ; Jas. Smith, Columbus, Ga.

Road Masters— G. W. Payne, Savannah, Ga. ; E.
Ford, Macon, Ga. ; J. R. Mew, Augusta, Ga.

Bridge Supervisors— T. T. Holloman, Tennile, Ga.;
F. C. Hand, Rome, Ga. ; B. R. Burch, Smithville, Ga. ;
W. H. Smith, Columbus, Ga.; J. C. Palmer, Augusta,
Ga.

133 Central RR. of New Jersey.

(The Port Reading RR., lessee.)

CENTRAL RAILROAD OF NEW JERSEY.

President— J. Rogers Maxwell, New York. N. Y.
1st Vice- President— Geo. F. Baker, New York. N Y
2d Vice- President— S. M. Williams, New York, N. Y.
Treasurer— J. W. Watson, New York, N. Y.
Asst. Treasurer— J. T. Pritchard. New York, N. Y.
Secretary— Samuel Knox. New York, N. Y.
Real Est. Agent— E.. W. Douty, New York, N. Y.

Railroad Bonds are fully and minutely described in Poor's Manual of Railroad «,
•which is now in its 25th year. It is the standard authority. Send for circular. H. "**"•
& H. W. Poor, Publishers, 70 Wall St., New York.

23

MANUFACTURERS OP

HELICAL AND LIGHT ELLIPTICAL

SPRINGS

FOR

RAILROAD CARS AND LOCOMOTIVES.

NEW YORK,

115 Broadway.

PHILADELPHIA,

913 Drexel Building.

KICHARD VO£E, rresulent.
JNO. C. N. GUIBERT,

Secretary, New York.
THOMAS M. BELL,

Vice-President,
913 Drexel Building,
Philadelphia,

BENJAMIN ATHA, Treasurer,

Newark, N. J.

EDWARD CLIFF,

General Agent.

GEORGE ROYAL, Jr.,

Western Agent,
Chicago, Ills.

NEWARK, N, J,

Steel A: Spring Works.

SOLE SELLING AGENTS

KING'S " ELASTIC SIDE BEARINGS."

CHICAGO, ILLS.,

25 Rialto Building.

HOISTING ENGINES

Of any power and style, Single and Double Cylinder,
with improved patent friction drums especially adapted
for all classes of work.
Single and Double Drum, friction and direct geared,

link motion Mining Engines.
Four, six and eight spool, lock clutch, self-propelling

Bridge Erecting Engines.

Double cylinder, double friction drum Dock Building
and Pile Driving Engines.

Quick motion, friction geared Coal

Hoisting Engines.

Powerful compound geared, reverse
link motion and friction geared
Quarry and Haulage Engines.

WITH OR WITHOUT BOILERS.

Any amount of reference given.

ESTABLISHED 1870,

J. S. MUNDY,

20-34 Prospect St., Newark, N.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

135 Central RR. of >e\v Jersey.—

Continued.

PORT READING RAILROAD COMPANY.

President— Albert Foster, Philadelphia, Pa.

•'resident— 3. Rogers Maxwell. New York. N. Y.
2d \1ce-Pres. A Cont.—S. M. Williams. New York. N. Y.
Secretary— C. C. Midwood. Philadelphia, Pa.
Treasurer— Richard Tuil. Philadelphia, Pa.

(Ofurer— J. W. Watson, New York. N. Y.
Gen. M<n,.—\. A. Sweigard. Philadelphia Pa.
Gen. Sdicitor-J. D. Campbell, Philadelphia, Pa.

, ( B. Williamson. New York. N. Y.
WlWtf-j R w de Fore-L xe\v York. N. Y.
Claim Agent— W. C. Brister, Philadelphia. Pa.
Chf. Spec. Officer— Jno. G. O'Brien, Philadelphia. Pa.
Aud. Pec. <i- Disb.—G. O.Warerman, New York. N. Y.
Aud. Pa*$. 7>/7??c— Georee Wolf. New York. N. Y.
Aud. Fgt. Traffic— \V. E. Miner, New York, N. Y.
Coal Traf. Accr.—^. A. Koons. Mauch Chunk. Pa.
Real EsL Agt.— 3. H. Loomis, Philadelphia, Pa.
Gen. Coal Fgt. Agt. — John H. Jones. Philadelphia. Pa.
ten. Traf. J/(/r/.-John Taylor. Philadelphia, Pa.
Gtn. Fgt. Agt.—E H. Bail. Philadelphia, Pa.
Asst. Gen. Fgt. Agt.^ '. p H Wyckoff Xew york N Y.

1st Asst. Gen. Fgt. Agt.—Geo. F. Randolph, Phila., Pa.
Fgt. Agt. N. J. So. Dir. — W. F. True, L'g Branch, N.J.
Dif. Fgt. Agt.—T. B. Koons, Manch Chunk. Pa.
New Eng. Fgt. Agt.—L. W. Frost, Boston. Mass.
Gen. West. Fgt. Agt.—R. C. Tucker. Chicago, 111.
Gen. Pass. Agt.—C. G. Hancock. Philadelphia, Pa.
Asst. Gen. Paw. Aqt.—H. P. Baldwin, New York. N. Y
Pa*$. Agt. jV. J. So. Di>\—A. T. Dodd, L'g Branch, N. J.
Gen. Bag. Agt.—F. B. Greenawalt. N\-w York, N. Y.
Purch. Agt.— Albert Foster, Philadelphia. Pa.
Asst. Purch. Agt.—Wm. C. Alderson, Philadelphia. Pa.
SdAsst. Pur. ^.—Edward Mahler. Philadelphia. Pa.
General Supt.—J. H. Olhausen. Jersey City, N. J.
Supt. 1?. J. C. Div.—V?. H. Peddle, Jersey City, N. J.
Supt. L. &S. Div.—G. W. Twining, Mauch Chunk, Pa.

SU&'±'H D\f* F' !' w- v- clark' Lon^ Branch- >*• J-

Transp. Mast.—O. W. Stager, Philadelphia, Pa.

^JU'- '- C. A. Thompson, Jersey City, N. J.

Asst. Supt. Mot.. Pow. i Jno. G. Thomas, Jersey City,

<fc Road Equipment \ N. J.

Gen. Storekpr.—G. D. W. Smith, Somerville. N. J.
Eng. Construction — J. H. Thompson, Jersey Citv, N. J.
Paymaster— G. F. Hess, New York, N. Y.
Supt. Ferrifs—Y. F. Gregory, New York, N. Y.

^feSSkjE? f W' L- Hoffecker, Elizabethport, N. J.

THr \fnet \ftsfie f L. C. Brastow. Ashley, Pa.
9u. Mast. Medu. - Wm Montgomer>% Manchester,N.J.
Supt. Telegraph— K. R. Adams, Reading, Pa.

| C. G. Williams. Communipaw. N. J.

! JohnAlpaugh. Phillipsburg, N. J.
Shop Foremen', Wm. Archibald, Hampton, N. J.

i B. F. Sturtevant. Mauch Chunk. Pa.

(.C. D. Culver. Mauch Chunk, Pa.

ttnnrl Wor Fr.n ( John W- Mulford, Jersey City. N. J.
Eoad For. Eng. - A £ Detro Maach chu^k ^

Fore. Car Painter— W. W. Park, Elizabethport. N. J.
Superr. Signals— W. Daves, Jersey City, N. J.

1 36 Central Ry. of New Brunswick.

Pr**tft*nf J C- Ford Stevens, care of E. W. Clark & Co.,
President j Philadelphia. Pa.
Vice- President— F. E. Barker, St. John. N. B.
Secretary — W. T. Whitehead, Fredericton, N B

137 Central Texas and. Northwestern
RR.— Continued.

Gtn. Fgt. Agt.—T). Ripley, Houston, Tex

Mast. Mach'y—C. H. Burns, Houston, Tex.

Mast. Car Rep.— James McGee, Houston. Tex.

Ass't Auditor— R.. Hall, Houston, Tex.

Trai'. Auditor— P. Wilson. Houston. Tex.

Car Acct. — C. G. Jaqua, Houston, Tex.

G. Couns. & Atfy— Baker. Botts & Baker. Honstor. Tex.

Tax Com.—C. C. Gibbs, Houston. Tex.

138 Central Union Depot and Ry. Co. of
Cincinnati.

President— M. E. Ingalls. Cincinnati, O.

Vice-Pres. <£• Gen. .\fgr.—E. F. Osborn, Cincinnati, O.

Secretary — J. C. Davie. Cincinnati, O.

Treasurer— -F. H. Lovett. Cincinnati, O.

Superintendent — Jacob Heglin, Cincinnati, O.

139 Central Vermont RR.

President— E. C. Smith, St. Albans. Vt.

1st Vice-President — Jas. R. Langdon. Montpelier. Vr.

Treasurer— D. D. Ranlett, St. Albans. Vt.
! Clerk— Geo. T. Childs, St. Albans. Vt.
, Gen. Supt.—F. W. Baldwin. St. Albans. Vt.
j Gen. Pass. Agt.—S. W. Cummings. St. Alhans. Vt.

' 'Agt V L Div f ^' ^" Southard. New London, Conn.
Gen. Auditor— M. M. Reynolds. St. Albans, Vt.

I Supt. No. Div.—L B. Futvoye. St. John's, P. Q.
Supt. Rut. Dii-.—J. Burden". Rutland. Vt.
Supt. N. L. Din. — C. F. Spaulding. New London, Ct.
i Supt. Brat. Dir.—E. F. Brooks. Brattleboro', Vt.
Supt. Miss. Val. Z>i/\—T. M. Deal. St. Albans. Vt.
Supt. Ogd. D><\— Frank Owen, Ogdensburg, N. Y.

Ufr &\['ach'''~ \ W^n- J- Robertson. St. Albans, Vt.
' G. F. A.— E. A. Chittenden. St. Albans. Vt.
I Ass't G. F.—Geo. Cassidy. St. Albans. Vt.
Accountant— E. G. Lucas", St. Albans. Vt.

6'"&.^^[M--^"'.S..A,ban,VI^

Supt. Bridges— H. H. Jones. St. Albans, Vt.

Purch. Agt.—T>. McKenzie. St. Albans. Vt.

Gen. Bag. Agt.—R. Brainerd. St. Albans. Vt.

Canadian Freight Agent--Y. H. Brown. Montreal, One.

Paymaster— W'. H. Hunt, St. Albans. Vt.

Pass. Agt., Canada— A. C. Stoneirrave, Montreal. P. Q.

Pass. Agt., N. Eng.—T. H. Hanley. Bo«ton, Mu--

Pass. Agt., Southern— W. R. Babcock, New York. N.Y.

Mast. Car Painter— C. A. French, St. Albans. Vt.

Mast. Car Bldr.—H. Canham. St. Albans, Vt.

Mast. M. Brat. Div.— H.M Whittier. Brattleboro'. Vt.

M. Mech. No. Dir.—E. Graves. Waterloo, P. Q.

M. M., N. L. Div.-W. E. Greene. New London, Ct.

Mast. M. Div.-Geo. W. Kennev, White Riv. Jc.. Vt.

nEnZP !•*. G- ^ans, Hampton, N. B.
Solicitor-A. G.Blair, Fredericton. N. B.

137 Central Texas and Northwestern RR.

President— Chas. Dillingham, Houston Tex
^SupXd^ I' H- Helland, Waxahachie, Tex.
Sec. & Treas.-L. W. Wheeless, Waxahachie, Tex.
A»st. Treas.—E. W. Cave. Houston, Tex
Gen. Supt. <fe Chf. Eng.—G. A. Ouinlan, Houston Tex
Gen Tkt. Agt.— A. Faulkner. Houston, Tex

14O Chambersburg and Gettysburg RR.

Pres.— W. B. Parsons, 22 William St., New York.N. Y.
Superintendent— J. S. Armstrong. Graeffenburg, Pa.
Tr.,Gen. FL d- P. Agt.— 3. P. Ranney.Graeffenbnrg.Pa.
Secretary— Samuel B. Diller, Philadelphia, Pa.

141 Charleston and Savannah Ry.

President— R. B. Plant. New York. N. Y.

Vice-President — H. S. Haines. New York, N Y

Secretary— R. B. Smith, New York. N. Y.

Treasurer— J. Mouhrie Lee, Savannah, Ga.

Superintendent— C. S. Gadsden, Charleston, S. C.

Traffic Man.—C. D. Owens, Savannah. Ga.

G. F. & P. A.—E. P. McSwiney, Charleston. S. C.

Auditor— J. E. Smith. Charleston. S. C.

M. M. & Car Repairs— G. M. D. Riley. Savannah. Ga.

M. Tran. tfe R. M—J. W. Craig, Charleston, S. C.

149 Charleston, Cincinnati & Chicago RR.

Rec. N. C.&S. C.—V. H. Chamberlain. Charleston, S. C.
Rectirer, Tenn. — Samuel Tate, Jr., Johnson, Tenn.
Receiver, Ky.—A. B. Harris, New York City, N. Y.

W. G. Mazyck, Charleston. S. C.

25

HKNRY D. LAUflHLIN, Pre.t.

K. B. LEIGH, V. P. an, I Gen. M»n.

A. J. FARLEY, Sw.

L. C. BLRGK88 Supt.

NATIONAL HOLLOW BRAKE BEAM CO.

PATCNTED-APRIL I 2TM,

BRAKE BEAMS

FOR ALL CLASSES OF PASSENGER AND FREIGHT CARS AND LOCOMOTIVE TENDERS-
General Office and Works : 40th and Hopkins Street, Chicago. 111.

City Office: Room 514 Phoenix Building, Chicago, 111.
New York Office: Room 118, No. 29 Broadway. F. G. ELY, Eastern Agent

u

<t a. p
-J <° H

0- gg
U -H

-Z I- r-

»&

cc
u

CO

Q & C COMPANY,

7O3-7 Phenix Building, - Chicago, 111.

0)

m
so

CO

H

> H m

I c "0

> o r

o c H

IS"

m U)

efe?

Over 15,000
Roofs Sold
In 1891.

DETROIT, MICH

Chicago Office :

904,

"The Rookery."

The HUTCHINS ROOF haa been adopted by a majority of the leading Railroads of the United
States. It has been in use for over twelve years, and we guarantee it will last the life of any car. Send for
Circular and Blue Prints.

CHA-CHE.

POORS DIRECTORY OF RAILWAY OFFICIALS.

142-154

1-1- < har !«••»! on, < i m i n iiat i and Chicago
RR.— Continued.

President— Frank Coxe, Philadelphia, Pa.
Vice-Preitident-G. W. Bentley. New York, N. Y.
See. <k Trea*.-H. K. Baker, New York, N. Y.
Asst. Treat.— W. G. Mclntyre, New York, N. Y.
-I"'!-. f«r Receiver in \ w E Stonev Charleston, S. C.

ft* t/. <t o. C. i

Gf^Nac'l°S ^' \ C" W' Ward' Charle8ton' s- «'•
Comptroller — John J. Collier, New York, N. Y.
C/iiffEng.—A.. N. Molesworth, Johnson City, Tenn.
Gen.Fgt~.&Tkt.Aqt.for\~£. P. Waring, Charleston,

IbeVr in N. C. <£ 8. C. \ S. C.
Si/pf.— A. Tripp, Blacksburg, S. C.

143 Charleston, Sumter and Northern RR.

Fret, rfe tf«?Vr.— Charles E. Kimball, New York, N. Y.
Vice- President— A. A. Hewlett, Syracuse, N. Y.
Treat. & Sec.— Charles O. Thompson, New York, N. Y.
Auditor— Chas. L. Martin, Sumter, S. C.
Gen. Manager— J '. H. Averill, Sumter, S. C.
Gen. Fgt. Agf.—E. D. Kyle. Charleston, S. C.
Chf. Eng. & Road Master— Curtis Millard, Sumter, S. C.
Gen. Bag. Agt.— ft. K. De Lorme, Sumter, S. C.
Car Accountant— W '. M. Thompson, Snmter, S. C.
Master Mechanic— E. M. Raynor, Sumter, S. C.

144 Chateaugay RK.

President- Smith M. We*>d, Pittsburgh, N. Y.
Treasurer— A. Williams, Pittsburgh, N. Y.
Sec. Gen. Man. Treas.&Aud.—A.L.InmRn, Plattsb., N.Y.
Master Mech.— J. M. Davies, Lyon Mountain, N. Y.
Gen. S. <fe M. of 7V.-M. L. French, Pittsburgh, N. Y.
Gen. Ticket Agt.—W. F. Parkhurst, Plattsburgh, N. Y.
Chf. Eng. d- isst. G.M.— Ed. Hall, Lyon Mountain, N. Y.

!• A- c- Kinney' Plattsbursh< N- Y-

Gen. Bag. Agt.—W. C. French, Plattsburgh, N. Y.

145 Chatham Ry.

Pres. <fe Gen. Man.— J. B. Snowball. Chatham, N. B.
Secretaj*y— Alexander Leishman, Chatham, N. B.
Accountant— W. B. Snowball, Chatham, N. B.
Gen. Fgt. & Pa««..4.g^.— A.W.Watters, Chatham, N. B.
Chief Engineer— A. Alcorn, Chatham, N. B.
Road Master— John Hawkes, Chatham, N. B.

146 Chattanooga & Lookout Mountain Ry.

President— E. Watkins, Chattanooga, Tenn.

Vice-President— H. Whiteside, Chattanooga, Tenn.
Secretary— Gordon Lee, Chattanooga, Tenn.

Treasurer— W. O. Peeples, Chattanooga, Tenn.

Gen. Supf.—H. P. Eagar, Chattanooga, Tenn.

Chief Eng.— J. A. Gillespie, Chattanooga, Tenn.

Gen. Pass. Agt. — W. L. Peebles, Chattanooga, Tenn.

Gen. Frt. Agt.— J. L. Whiteside, Chattanooga, Tenn.
Mast. Car Bldr.—l. W. Balcom, Chattanooga, Tenn.
Mast. Mecfi.—O. Colegrove, Chattanooga, Tenn.

147 Chattanooga Southern Ry.

Pres. & Gen. Man.— J. W. James, Chattanooga, Tenn.
Rec'tfr rf: Man.— Joseph W. Burke, Chattanooga, Tenn.
C'sh efe P'ym'r—Y. H. McFarland, Chattanooga, Tenn.
Svpt. Cf. rf- Engin.—F. S. Wallace, Chattanooga, Tenn.
Auditor— H. P. Eager, Chattanooga, Tenn.
Gen. F. & Pas. Agt.— P. L. Dudley, Chattanooga, Tenn.

14S Chattanooga Union Ry.

Pres. <£ Rec.— H. S. Chamberlain, Chattanooga, Tenn.
Vice- President— D. S. Anderson, Chattanooira, Tenn.
Sec. & Treas.— Orion L. Hurlbut, Chattanooga, Tenn.
Superintendent.— S. R. Shaler, Chattanooga, Tenn.
Auditor — Geo. D. Sparks, Chattanooga, Tenn.
Car Accountant— T. L. Yarrington, Chattanooga, Tenn.

149 Chautauqua Lake RR.

Receiver <f Gen. Man.—W. E. Griggs, Jamestown, N. Y.
Atty.for Receiver — F. W. Stevens, Jamestown, N. Y.
President— John Cadwell, Jamestown. N. Y.
Vice- President— Y. B. Brewer, Westfield, N. Y.
Sec. <fc Treas.— Daniel H. Post, Jamestown, N. Y.
Svpt. — F. S. Jones, Jamestown, N. Y.

15O Cheraw and Darlington RR. s

Atlantic Coast Line.)

151 Cheraw and Salisbury RR.— (See Atlantic
Coast Line.)

152 Cherry .Valley RR.

Pres. & Supt.—E. T. Herndon, Midland, Mo.
Sec. & Treas.— T. T. Lewis, St. Louis, Mo.

153 Chesapeake and Nashville RR.

Receiver— John Echols, Louisville, Ky.
President — E. Zimmerman, Cincinnati. O
Vice-President— R. T. Colburn, New York, N. Y.
Sec. <fc Treas.— Harvey M. Hoyt, New York, N.Y.
Gen. Superintendent— Robert Meek, Gallatin, Tenn.

GelgLg&AlidTkt' \ D" B Anderson' Gallatin, Tenn.
Chief 'Eng .— W '. H. Spradlin. Gallatin, Tenn.

154 Chesapeake and Ohio Ry.

President— M. E. Ingalls, Cincinnati, O.
1st Vice- President— Geo. T. Bliss. New York. N. Y.
2d Vice-President— Decatur Axtell. Richmond, Va.
Secretary— C. E. Wellford, Richmond, Va.
Treasurer — T. O. Barbour, Richmond. Va.
Auditor— L. F. Sullivan, Richmond. Va.

l T. E. Swain, Richmond, Va.
Trav. Auds. -<: C. E. We^t, Charleston. W. Va.

( J. E. Furgusson. Richmond, Va.
Gen. Solicitor— K. T. Wickham, Richmond, Va
A»*t wirifnr* ' Henry Taylor, Jr., Richmond, Va.
Asst. Solicitors^ w H Jackgon> Cincinnati, O.

Traffic Man.- Oscar G. Murray, Cincinnati, O.

Fgt. Traffic Man.—W. P. Walker. Jr.. Cincinnati. O.

Gen. POSS.& Tkt.Agent—K.Vf. Fuller, Washington. D.C.

Div. Pass. Agt.— J. D. Potts, Richmond, Va.

Div. Pass. Agt.— Charles B Ryan, Cincinnati, O.

Gen. Bag. Agt. — C. Lorraine, Richmond, Va.

Gen. Freight Agt.—E. D. Hotchkiss, Richmond. Ya.

Gen. Manager — George W. Stevens, Richmond, Va.

Chf. Engineer- ^H. Frazier, Richmond, Va.

Supt. Mot. Power — William Garstang, Richmond, Va.

Sitpt. Telegraphs— M. B. Leonard, Richmond, Va.

Supt. Float. Prop. — W. N. Cooksey, Newport News. Va.

Car Service Agt. —George S. Sipp", Richmond, Va.

Chief Surgeon— G. W. P. Brock. Richmond, Va.

Pur'ch. Agt.—'W. F. La Bonta, Richmond, Va.

Stationer— Isaac N. Jones, Richmond. Va.

Coal & Fuel Agt.— J. W. Hopkins, Richmond, Va.

f Charles E. Doyle, Richmond, Va.
n,-,, o,,,,y0 J J- M. Gill, Hinton, W. Va.
IHv. bupts. j H c Bougntpn, Cincinnati. O.
LG<x>. W. Lewis, Lexington. Ky.
Mang. KanawhaDis. — Sydnor Hall. Cincinnati, O.
Asst. Div. Supt.—G. C. Walker, Richmond, Va.
( F. I. Cabell. Richmond. Va.
Engs. MainVnce\ H. Piei-ce. Hinton. W. Va.

of Way I F. W. Scarborough. Cincinnati, O.

fT. S. Lloyd. Richmond. Va.
Mast. } A. F. Stewart. Hnntington. W. Va.
Mechanics \ 3. A. Quinn, Clifton Forge. Va.

( W. T. Smith, Lexington. Ky.

Asst. Mast. Mechanic — Wm. J. Haller. Covington. Ky.
Gen. Fore. Car. \ Wm. H. Anthony. Richmond, Va. "

Dept.— I H. C. Bossineer, Huntington. W. Va.

Mast. Car j Thomas Byrne. Richmond. Va.

Painters') J. A. Gohen, Huntington. W. Va.
Trans. Agts.— Drexel, Morgan & Co., New York, N. Y.

The Silver Question, up to the time of the resumption of specie payments, January
1, 1879, is ably treated by H. V. Poor in his work "Resumption and the Silver Ques-
tion;" price, $1, post free. Order of your bookseller, or send direct to the publishers,
H. V. & H. W. Poor, 70 Wall St., New York.

28

INSTANTANEOUS ELECTRIC LIGHTER.

IP:r?±oe

.00.

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Electricity Generated by Chemical Action. A Handsome Ornament for Table, Mantel or Counter.

THIS illustration represents our ELECTRIC LIGHTER, and is one-half its actual size. It is complete
in itself —requires noextra Power, Wires or Connections. The Currentof Electricity is generated
by Chemical Action. It occupies the space of but Six SQUARE INCHES.

The construction is simple in the extreme. It can be taken to pieces at will, and just as easv
readjusted.

A CHILD CAN OPERATE IT. Simply by pressing- the center rod, the current of
Electricity is generated, and the light is instantaneous.

3S G O 3XT O 3VT "ST.

The material to charge the Battery can be obtained at any drug store at a cost of Ten Cents, and
will run 3O to 6O days.

Any part can be replaced at a cost not exceeding- Ten Cents. Aside from its use as a Lighter this
apparatus does away with the use of matches and the dangerous results ahd disagreeable odors
arising- from same.

We have taken especial care in the manufacture of these Electric Lighting Batteries ; they are
handsomely constructed in nickel plate and highly ornamental and will take a prominent place
among the bric-d-brac of Reception Rooms, Parlors, etc.

|0P~ Full directions and one charge for the Battery accompanies each apparatus.

All orders for less than $2O.OO must be accompanied by Postal, Express Money Order, or by
Draft on New York.

Goods shipped C. O. D. on receipt of 2O per cent. (Remittances with order save return charges.)

LIBERAL DISCOUNT TO TRADE AND AGENTS.
We desire reliable representatives in every state in the Union, and invite correspondence on the subject.

BARR ELECTRIC M'F'C CO.

(Incorporated under the Laws of the State of New York.)
17 and 19 Ilroadwny, New York.

•Crn-Tni.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

>— 161

155 Chicago and Alton RR.

President— T. B. Blackstone, Chicago, 111.
Vice- President— J. C. McMulliu, Chicago, III.
Sec. & Treas.—C. H. Foster, Chicago, 111.
Gen. Manager— C. H. Chappell, Chicago, 111.
Gen. Mgr's Ass't— J. H. Wood, Chicago, 111.
Gen. Pas. <fe Tkt. Agt.—J. Charlton, Chicago. 111.
Ass't Pas. <fc Tkt. Agt.—G. J. Charlton, Chicago, 111.
Gen. Fgt. Agt.—H.U. Courtright, Chicago. 111.
Ass't Gen. Fgt. Agt.— A. Newman, Chicago, 111.
Ass't Gen. Fgt. A'gt.—S. II. Fulton, Kansas City. M<>.
Ass't Gen. Fgt. Agf.—F. A. Wann. St. Louis. Mo.
Trav. Fgt. Agt.—C. J. Chisam, Springfic-ld, 111.
Gen. Bag. Agt.—C. Huntinirton. Chicago, 111.
Chief Eng.— H. C. Draper, Chicago, 111.
Auditor— Chauncey Kelsey, Chicago, 111.
Trav. Auditor— P. G. Nellis, Chicago, 111.
Purch. Agt.— A. V. Hartwell, Chicago, 111.
Supt. Trans.— T. M. Bates, Bloomington. 111.
Train Master — J. M. Raleigh, Chicago, 111.
Supt. of Teleg.—K. V. Miller, Bloomington. 111.
Supt. Mach'v—A. W. Quackenbush, Bloomington, 111.
Car Acct.— F. W. Bridges, Bloomington, 111.
Storekeeper— ft. O. Cleveland, Bloomington, 111.
Paymaster— Robert Bell, Chicago, 111.
Gen. Solicitor— Wm. Brown, Chicago, 111.
Fuel & Tie Agt.— J. S. Conger, Chicago, 111.
Gen. Foreman Lac. Dept.—G. Gregg, Bloomington. III.
Supt. of Bridges— J. E. Gray, Bloomington. 111.
Supt. Water Supply — R. E. Tayman, Bloomington, 111.
Supt. Terminals— S. D. Reeve, Chicago, 111.

Chicago Division.

Suiwintendent—A. M. Richards, Bloomington, 111.
Ass't Supt.—U. F. Hawley, Bloomington, 111.

Kansas City and St. Louis Divisions.
Superintendent— W. tv. Morley, Roodhouse, 111.
Ass't Supt.— E. J. Sanford, Slater, Mo.
Div, Engineer— T. H. Hubbard. Louisiana, Mo.
Master Mech.—J. H. Ruxton, Slater, Mo.

156 Chicago and Calumet Terminal Ry.

Train Master — E. J. Lampert, East Chicago, Ind.
Road Master— J. II. Adolfs. East Chicago, Ind.

Other officers same as those of Chicago and Northern
Pacific RR., which see.

157 Chicago and Eastern Illinois RR. and

operating
Chicago and Indiana Coal Ry.

Chairman— H. H. Porter, Chicago, III.

President — M. J. Carpenter, Chicago, 111.

Vice-Pres.— O. S. Lyford, Chicago, 111.

Sec'y <fe And.— H. A. Rubidge. Chicago, 111.

2nd Vice-Pres. & Treas.—C.W. flillard, Chicago, 111.

Asst. Treas.—A. R. Flower. New York, N. Y.

Gen. Counstl-W. H. Lyford, Chicago, 111.

Gen. Atry—"W. J. Calhotm. Chicago, 111.

Traffic Man.—G. J. Grammar, Chicago, 111.

Gen. Fgt. Agt.—L. R. Brockenbrough, Chicago, 111.

Asst. Gen. Fgt. Agt.—R. E. Felton, Chicago, 111.

Gen. Pass. & Tkt'. Agt.— Chas. L. Stone, Chicago, 111.

Purch. Agt. -Robert Spencer. Chicago, 111.

Gen. Fore. Mech. Dep't—D. H. Murchey. Danville, 111.

Chief Eng. <fe Supt. Maint.—R. F. Baldwin, Chicago, 111.

Gen. Snpt.— Charles H. Rockwell. Chicago, 111.

Supt. Trans.— M. Stillwell, Danville, 111.

Gen. Bag. Agt.—C. L. Stone, Chicago, 111.

Snpt. Mot. Power— W. H. Miller, Danville, 111.

Car Accountant— W. B. Gibson, Chicago. 111.

i^»t«mf,,t^. f R- G. Matthews. Brazil, Ind.

Trainmasters \ F L Corwilli Chicago/Ill.

Fore. Car Rep.— W. T. Brooks, Danville. 111.
Foreman Car Painter— J . C. Weaver, Danville, 111.
Supt. Bridges & Bldos.—A. S. Markley, Danville, 111.
Trav. Aud.—M. A. Boardman, Hoopeston, 111.

158 Chicago and Erie Ry.

President— J. G. McCallongh, New York, N. Y.
1st nce-Presidfnt—E. B. Thomas, New York, N. Y.
2d Vice- President— G. H. Vaillant, New York, N. Y.
Secretary— Arthur Turn bull. New York, N. Y.
Treasurer-- Edward White, New York, N. Y.
An'/ifor—A. Donaldson, New York, N. Y.
.I-1/ And.— E. P. Campbell. New York, N. Y.
Trav. Aud.—G. D. Ward, Cleveland, O.
Spec. C'/atm Agf.—W. E. Talcott, Cleveland, O.
( '/if. rlk.Ffjt. c/uim Ay//— F. E. Tilden.New York.N. Y.
Gen. Manager— A. M. Tucker, Cleveland. O.
Gen. Pass. Agt.—T). I. Roberts. New York, N. Y.
Asst. Gen. Pass. Agt.—F. W. Bnskirk, Chicago. 111.
Fgt. Traffic Man.—G. G. Cochran, Chicago. 111.
Asst. Gen. Fgt. Agt.—C. L. Thomas, Chicago, 111.
Supt. of Mot. Poic'fr— E. A. Mitchell, New York, N. Y.
Asst. Supt. M. P.—S. Higgins, Cleveland, O.
Master Mechanic— T. A. Lawes, Iliintington, Ind.
CMl Engineer— C. W. Buchholz, New York, N. Y.
Gen. Supt.— J. C. Moorhead, Cleveland, O.
Superintendent— A. M. Mozier, Cleveland. O.
Gen. Road Matter— A. Mordecai, Cleveland. O.
Supt. Telegraph— W. J. Holmes. New York. N. Y.

Geagau, New York, N. Y.
Gen. Land & Tax Agt.-J. H. Dynes, Cleveland, O.

159 Chicago and Grand Trunk Ry.

President— L. J. Seargeant, Montreal, Que.
Treasurer — James H. Muir, Detroit, Mich.
Sec. &Asst. to Pres.— Charles Percy, Montreal, Que.
Gen. Manager— W. J. Spicer, Detroit, Mich.
Traffic Manager.— George B. Reeve, Chicago, 111.
Superintendent— A. B. Atwater, Detroit, Mich.
Asst. Supt.— A. R. Mclntyre, Battle Creek. Mich.
Chief Eng.— George Masson, Detroit, Mich.
Asst. Eng.—E. French, Battle Creek, Mich.
Gen. Pass. <t Tkt. Agt.—W. E. Davis. Chicago, 111.
Gen. Frt. Agt.— David Brown, Chicago, 111.
Mech. Supt.— Herbert Roberts, Detroit, Mich.
Asst. Mech. Supt.— J. A. Slack, Battle Creek. Mi^..
Fore. Loco. fiep.—S. Hayward, FottGratiot, Mich.
Asst. Car Supt.— T. Sutherland, Fort Gratiot. Mich.
Fore. Car Rep.—Vf. WTanless, Fort Gratiot, Mich.
Fore. Car Painter — J. Cuthbertson, Fort Gratiot. Mich.
Signal Insp.—U. C. Wilson, Birmingham, Mich.
Bridge InsiKC.—S. W. McGee, Battle Creek, Mich.
Gen. Storekeeper — Jno. S. Lorimer, Detroit, Mich.
Gen. Bag. Agt.— 3. E. Quick, Detroit, Mich.
Transfer Agent — Charles Percy, Montreal. Que.
Traffic, Manager— Geo. B. Reeve, Chicago, 111.
Gen. Solicitor— E. W. Meddaugh, Detroit, Mich.

Road Masters — J. Harrigan. Flint, Mich.; Jas. Ham-
ilton, Battle Creek, Michf; W. Segerdahl, Valparaiso,
Ind.

16O Chicago and Iowa RR.

President— F. H. Head. Chicago, 111.

\stVice-Pres. tfe Treas.—J. C. Peasley, Chicago, 111.

2nd Vice-Pres.— G. B. Harris, Chicago. 111.

Sec. <fe Trans. Agt.—L. O. Goddard, Chicago, 111.

Gm' fpast Agl ™' !'H- D' Judson' Aurora- IIK
Auditor & Asst. Trias.— Y. Clark, Rochelle. 111.

161 Chicago and Kenosha Ry.

Pres.. Gen. Man. <t Trff>*.—W. G. Brimson, Chicago, 111.
Sec. & Aud.—J. S. Keefe, Chicago, 111.
Purchasing Agent— L. D. Doty, Chicago, 111.
General Foreman— C. B. Swallow, Chicago, 111.
Mast. Mach'y—O. J. Clifford, So. Chicago, 111.

PETTIBONE, MULLIKEN & CO., Chicago, 111.

Track Drills, Rail Braces, Rail Benders.

30

THE BEST TIN PLATE J^

IN THE MARKET FOB

CAR AND STATION ROOFS.

H.S.B.&CO'S,

PROCESS

EVERY SHEET SQUARED AND BRANDED.

RAILROAD SHOVELS AND PICKS.

TURNED AND ALL WHITE

HAND-SHAVED PICK, SLEDGE AND MAUL HANDLES.
SCREWS, BOLTS, PADLOCKS, ETC.

STATION POWDER, BLASTING

TRIMMINGS, DYNAMITE CARTRIDGES,

LOCKS and LATCHES, FUSE, DYNAMITE CAPS.

Every Purchasing Agent should send fora copy of our new 1500 page Hardware Catalogue.

RAILROAD LAMP SUPPLIES.

Lamp Burners, Brackets and Chimneys, Chandeliers and Hanging Lamps.

HEAD ^ ffa LAMP AND LANTERN

GLOBES,

LAMP SHADES,

STREET
AND
STATION

LAMPS.

NO. 120. CABOOSE LAMP.

THE BEST CABOOSE LAMP IN THE COUNTRY.

Send for Sample and Prices.

ASK FOR No. 402 RAILROAD LAMP SUPPLY CATALOGUE.

Goods Shipped Promptly on Receipt of Order.

HIBBARD, SPENCER, BARTLETT & CO.,

HKADQTJ ALTERS IFOR,

18, 20, 22, 24, 26, 28, 30 & 32 LAKE STREET, CHICAGO.

CHI-CHI.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

162-170

16* Chicago and Northern Pacific K K .

President— David S. Wegg, Chicago, 111.

1st Ffc^Pw.W«n<-J«me«B.WiUiamB. New York, N.Y.

2d Vice- President— James L. High, Chicago. 111.

Treasurer— Geo. S. Baxter, New York, N. Y.

4«tf. Treasurer— C. W. Hillman, Chicago, 111.

£«:. <fc ton. Solicitor— H. S. Bontell, Chicago, 111.

General Manager— S. R. Ainelie, Chicago, 111.

ton. Supt.— Gavin Campbell, Chicago, 111.

<?*n. T/M. cfe Fgt. Agt.— Henry S. Havvley. Chicago, 111.

Gen. Auditor— 3. A.' Barker, New York, N. Y.

Auditor— E. Shearson, Chicago, 111.

Chief Engineer— J. W. Kandrick, Chicago, 111.

PM/rA. J<7e«/-W.G. Pearce, Chicago, 111.

Superintendent— E. R. Knowlton, Chicago, 111.

Road Master— J. A. Lahey, Chicago. 111.

-Swptf. jl/b/. /tow. — J. McNaughton, Waukesha, Wis.

163 Chicago and Northwestern Ry.

Chairman— Albert Keep. Chicago, 111.

President— Marvin Hnghitt, Clncago, 111.

V.-Pres., Tr. & Sec.— M. L. Sykes. New York, N. Y.

2d Vtce-Pres.—yi. M. Kirkman, Chicago, 111.

3d Vtce-Pres.—Wm. H. Newman, Chicago, 111.

Atft Tr. <fe Ass't Sec.—S. O. Howe, New York. N.Y.

Aud. & Ass'tSec.— Joseph B. Redfleld. Chicago, 111.

And. Expenditures— Wm. H. Stennett, Chicago, 111.

Gen. J/<7/-.— John M. Whitman, Chicago. 111.

Gen. Supt. — Sherburne Sanborn, Chicago, 111.

Ass't Gen. Supt.— Peter Hallenbeck, Winona, Minn.

Ass't Supt.— Barnes Wallace, Jr., Chicago, 111.

Chief Engineer— John E. Blunt, Chicago. 111.

Prin. Ass t En g.— Edward C. Carter, Chicago, 111.

Consulting Engineer— E. H. Johnson, Chicago, 111.

Gen. Counsel— Wm. C. Goudy, Chicago, 111.

A tlorney— Clarence S. Darrow. Chicago, 111.

Ass't AtCy—A. W. Pulver, Chicago, 111.

Gen. Fat. Agt.—R. R. McCullough, Chicago, 111.

1st Ass't Gen. Fgt. Agt.—C. H. Knapp, Chicago. 111.

2d Ass't Gen. Fgt. Agt.—K. Johnson. Chicago, 111.

Ass't Gen. Fgt. Agt.—E. J. Foster, Winona, Minn.

Div. Fgt. Agt.—X.. Hughitt, Jr., Chicago. 111.

Div. Fgt. Agt.— Edmund D. Brigham, Chicago, 111.

Gen. Tkt. «fc Pass. Agt.—\\m. A. Thrall, Chicago, 111.

Ass't Gen. T. & Pass. Agt.— W. B. Kniskern, Chicago, 111.

Purch. Agt.—Ch&s. Hayward, Chicago, 111.

Land Comm'r— Chas. E. Simmons. Chicago, 111.

Ass't Land Com'r—J. F. Cleveland, Chicago, 111.

Tax Comm'r— F. P. Crandon. Chicago, 111.

Supt. Mot. Pow. <£ Mach.— Wm. Smith. Chicago, 111.

Gen. Claim Agt.—R. C. Richards, Chicago, 111.

Supt. Tdeg.—Geo. H. Thayer, Chicago 111.

Gen. Storekeeper — Francis H. Adams, Chicago. 111.

Supt. Car Zte;^.— Charles A. Schroyer, Chicaeo. 111.

Gen. Bag. Agt.—^.A. Phillips, Chicago, 111.

Gen. Car Acc't— Frank M. Luce, Chicago, 111.

Freight Aud.—Jas. O. Clifford, Chicago, 111.

Ass't Fgt. Aud.— Almeron D. Oyer, Chicago, 111.

Ticket Auditor— Wm. F. Van Bergen, Chicago, 111.

Ass't Tkt. Aud.— Henry W. McFarlane.Chicago, 111.

Supt. Din. cfe Par. Cars— John Shearson, Chicago. 111.

Division Superintendents — W. A. Gardner, Chicago.
111.; Otto Miller, Chicago, 111.; M. Hopkins, Boone. la.;
H.M.Hughes, Eagle Grove, la.; Robert A. Cowan. Bar-
aboo, Wis.; W. B. Linsley, Escanaba. Mich.; W. P.
Cosgrave. Winona, Minn.: J. S. Oliver, Huron, Dak.

Siip'ts of Bridges and Buildinga— Hv. Crane, Janes-
ville, Wis.; Geo. M. Clarke, Milwaukee. Wis.: Asa L.
Gailey, Chicago, 111.; Wfm. D. Walden, Clinton, la.;
Wm. C. Halsey. Eagle Grove, la. ; Wm. Elliott, Baraboo,
Wis.: H. P Morrill, Madison, Wis.: A. D. Rowel],
Escanaba, Mich.; A. Doig, Winona, Minn.; H. R.
Sanborn, Huron, Dak.

Bridge Inspector— S.. W. Fletcher, Chicago, 111.

164 Chicago and Ohio River RR.

President— Josephns Collett, Terre Haute. Ind.

Sec. <C: Trfaf.—\V.J. Lewis, Evansville, Ind.

Auditor— E. B. Cook, Evansville, Ind.

Gen. Pass. Agt.—E. A. Campbell, Evansville, Ind.

Ass't Gen. Pass. Agt.—S. it. McLeish, Evansville, Ind.

Gen.Wan. & G. F. Agf.—E. O. Hopkins, Evansvillejnd.

Gen. Traf. Man. — G. J. Grammer. Evansville, Ind.

Supt.—'R. B. Starbuck, Mattoon. 111.

Purch. Ar/t.—'K. W. Matters. Evansville. Ind.

Car Acct'.— J. H. Hedden, Evansville. Ind.

Gen. Bag. Agt.—F. R. Wheeler. Evansville, Ind.

165 Chicago and Southeastern Ry. (111.).

Pres., Gen. .Van. & Treas.—'W. G. Brimson, Chicago, 111.

Secretary— J. S. Keefe. Chicago, III.

Mast. .}raclCy—C. J. Clfford. So. Chicago. 111.

Mast. Car Paint.— A. M. Kain. So. Chicago, 111.

Purch. Agent— L. D. Doty, Chicago. 111.

Gen, Fore.-Henrv Pickford, Chicago, 111.

Chief Engineer— Marcus Powell, Chicago, 111.

Road Master— John Lee, Chicago, 111.

Gen. Yard Mortar— C. J. Tierney, Chicago, 111.

166 Chicago and South Eastern Ry. I ml. .

President— Henry Crawford, Chicago, 111.

Gen. Manaoer—H. Crawford, Jr., Chicago, 111.

Supt.—H. Moore, Anderson, Ind.

Gen. Fgt. & Pass. Agt.— W. S. Parkhurst. Anderson. Ind.

Auditor— A. A. Bullard, Anderson, Ind.

167 Chicago and South Bend RR.

President— Clem Studebaker, South Bend, Ind.
Vice- President— P. E. Studebaker, South Bend. Ind.
Treasurer— 3 . M. Studebaker, South Bend, Ind.
Secretary— G. M. Studebaker, South Bend, Ind.
Gen. Counsel— F. S. Fish. South Bend, Ind.
Gen. Manager— C. W. Siover, South Bend. Ind.
Gen. Supt. — H. D. Johnson. South Bend. Ind.
Ass't G. M. <& P. A.—C. A. Carlisle, South Bend, Ind.

168 Chicago and Western Indiana RR.

Chairman of Board— Volney T. Malott. Chicago. 111.

Pres. <fe Gen. Man.—B. Thomas, Chicago, 111.

Sec. tfe Auditor— M. J. Clark, Chicago, 111.

Treasurer— John E. Murphy, Chicago, 111.

Eng. & Gen. BoadMa«i.—Y. C. Doran. Chicago, 111.

Mart. J/ecA.— Peter H. Peck. Chicago, 111.

M. Tran.—J. M. Warner, Chicago, 111.

169 Chicago and West Michigan Ry.

President— Nathaniel Thayer, Boston. Mass.
Vice-Pres.—E. V. R. Thayer, Boston. Mas*.
Sec. & Treaf. — Charles Merriam. Boston, Mass.
Gen. Man.— Chas. M. Heald. Grand Rapids, Mich.
Solicitor— Y. A. Nims, Muskegon. Mich.
Asst.Treas.&Paymafttr—S. E. Howard. Gd. Rap.. Mich.
General Supt.—J. K. V. Agnew. Grand Rapids, Mich.
Asst. Supt.— P. Conley. Holland, Mich.
Gen. Pass. Agt.— Geo. DeHaven, Grand Rapids, Mich.
Gen. Frt. Agt.—'F. V. Davis, Grand Rapids. Mich.
Asst. Gen. Frt. Agt.—K. W. Rose, Grand Rap.. Mich.
Chief Engineer— John J. McVean. Grand Rapids, Mich.
Asst. Engineer— Job Tuthill. Grand Rapids. Mich.
Gen. Auditor— C. W. Courtright, Boston. Mass.
Auditor— U. B. Rogers, Grand Rapids, Mich.
Freight Accountant— G. 3. Daily, Grand Rap., Mirh.
Ticket Acct.— J. S. Willebrands, Grand Rapids, Mich.
Car Accountant— C. E. Fink. Grand Rapids. Mich.
Gen. Bag. Agt. -U. T. La Bar, Grand Rapids, Mich.
Purch. Agt.— Russell Wallace, Grand Rapids, Mich.
^'H-'B^ifdin B™*06* [-John Doyle, Grand Rap., Mich.
Supt. J/. (pn^k K. S.—W. S. Morris, Grand Rap.. Mich.
Master ^ffcfi.—^^'. I. Cooke. Muskegon. Mich.
Gen. Ar/tnt—Wm. A. Gavett. Detroit. Mich.
Trar. Pa*s. Agt.—\\~. E.Wolfenden, Grand Rapids.Wis.
Gen. Atty. <fe / wi]liam Alden-Smith. Gr'd Rap.. Mich.

Claim Agt. *

Foreman Loco. Rejxiirs—'F. J. Pease. Muskegon, Mich.
Foreman Car Repairs— D. McKinley, Muskegon, Mich.
Mast. Car Painter— Edw. J. Aubrey, Muskegon, Mich.

17O Chicago, Burlington &: Kansas City
Ry. Co.

President— W. W. Baldwin, Burlington, la.

1st Ttce-Pres. & Treas.—J. C. Peasley. Chicago. 111.

2d Vlce-Pref.—Geo. B. Harris, Chicago, 111.

Secretary— E.. E. Jarvis, Burlington. la.

4sst. Trtas.—J H. Sturgis. St. Joseph, Mo.

Gen. Supt.—C. M. Levey, Keoknk, la.

Gtit. Van.—W. C. Brown. St. Joseph. Mo.

Gen. Fgt. .4^.--Howard Elliott, St. Louis, Mo.

Asst. Gen. Fgt. Agt.—D. O. Ives, St. Louis. Mo.

Asst. Gen. Fgt. Agt.— J. S. Bartle, St. Joseph. Mo.

Auditor— C. M.

Carter, St. Joseph, Mo.

31

32

oldening your* Phosphor Bnonze Castings, specify to use the
CRESCENT BfeR^D PHOSPHOR TIJM

811, 813 AND 815 FAIRMOUNT AVE.

PHILADELPHIA, PA.

MANUFACTURERS OF

Alloys

The most valuable Alloys knotun to metallurgy of the present
century. Try them

THE NORTON
DOOR-CHECK AND SPRING

Closes doors without slamming or breaking of glass.
THE ONLY PERFECT CHECK IN THE MARKET.

FOR USE IN

Public Buildings of all kinds, Hotels, Churches, Theatres, Schoolhouses, Hospitals,
Stores, Counting-Rooms, Private Dwellings, O. Stations, Cars, Steamboats, Etc.

FOR SALE BY THE

5O5 Sears Building Boston, Mass.

AGENTS WANTED.

PITTSBURGH, PA.,

MACHINERY AND METALS,

ELECTRIC ANTI-FRICTION METAL,

Special Metal for Railroads, Electric Roads, Steamboats, Etc.

LEWIS BLOCK, PITTSBURGH, PA.,

CONSULTING AND MECHANICAL ENGINEER
Economy and Capacity Tests of Steam Plants a Specialty.

Cm-Cm.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

ire— ira

17O Chicago, Burlington and Kansas
City By. Co.— Continued.

Asst. Aud.—Gno. B. Dunbar, St. Joseph, Mo.
Freight Aud.—G. W. Miller, St. Joseph. Mo.
Ticket Auditor— F. D. Heermance, St. Joseph, Mo.
Gen. Attorney— H. H. Trimble, Keokuk, la.
fr- n. sols.— Spencer, Burnes & Mosman. St. Joseph. Mo.
Chief Eng.— L. F. Goodale, St. Joseph. Mo.
Mast. Mechanic— W. H. Bartlett, Burlington. la.
Asst. Gen. Pass. & Tkt. Agt.—H. C. Orr.'St. Louis. Mo.
Supt. of Car cfe Spe. Fgt.Ser.—Geo. H. Ross. Chicago, 111.
Car Accountant— John Dumbell, St. Joseph, Mo.
Gen. Pa**. & Tkt. Agt.—\. C. Dawes, St. Louis. Mo.
Gen. Sag. Agf.—E. A. Sadd, Chicago, 111.
Gen. Purch. Agf.--Geo. Hargreaves, Chicago. 111.
Asst. Pur. Agt'.—G. G. Teomans. Chicago. 111.
Trar. Auditor— Y. H. Butler, St. Joseph. Mo.
Gtn. Eastern Agf.—E. J. Swords. New York. X. Y.
Gen. Agt. Fgt. Dept.—R. L. Harmon, Kansas City, Mo.
Gen. Agt. Pass. Dept.—'R. J. Johnston. Kansas City, Mo.
Road Master— L. E. Atherton, Moulton. la.
Train Mast. — J. E. Votaw, Moulton. la.
Supt. Bridges— H.. Zimmerman, Hannibal, Mo.
Stationer— F. H. Allen, St. Joseph, Mo.
Supt. Tel.—TA. A. Baker, Hannibal, Mo.
Supply Agt. — J. W. Lane, Hannibal, Mo.

171 Chicago, Burlington &. Northern RR.

President — J. Murray Forbes. Boston, Mass.
Vice-Pres.—Gw. B. Harris. Chicago, 111.
Treasurer— J. C. Peasley. Chicago. 111.
Secretary— W. J. Ladd, Boston, Mass.
Gen. Superintendent— 3. R. Has'ings. St. Paul, Minn.
. . „ f > D. Cunningham, Lacrosse, Wis.
Asst. Supts. -( j c Howard. Minneapolis, Minn.
Aud. <fe Asst. Treas.—^. B. Hinckley. St. Paul. Minn.
Asst. Treas.—A. G. Stamvood. Boston. Mass.
Fat. & Tkt. A'/d.—C. Doogan. St. Paul. Minn.
Cashier— Frank Dabney. St. Paul. Minn.
Gen. Pass. & Pgt.Agf.—'W. J. C. Kenyon, St. Paul, Minn.
Car Accountant— j. J. Merrill, St. Paul. Minn.
£ ipt. Card- Spec. Fgt. Serv.—Geo. H. Ross. Chicago, 111.
P'/rch. Agent— Geo. Hargreaves. Chicago. 111.
As*l. Parch. Avt.—G. G. Yeomans. Chicago, 111.
M.jist. Mech.—W. N. Lewis, Lacrosse, Wis.

Gen. Foremen— J. S. Pearce. Dayton Bluff, Minn.; T.
J. Grosh, Savanna, 111.

Foreman Loco. Repairs—^. Fry. Grand Crossing. Wis.
Foreman Car Repairs — A. Chubb. La Crosse, Wi>.
Road Master— F. McDonald, Savanna, 111.
Supt. qf Bridges— TL G. Minon. La Crosse. Wis.
Contract. Fgt. Agt.—E. A. Cordell, St. Paul, Minn.

17- Chicago, Burlington and Quincy RR.

President— C. E. Perkins, Burlington. la.
1st Vice-Pres. d~ Tr.—S. C. Peasley. Chicago. 111.
Asst. to 1st Vice-Pres.—L. O. Godd'ard. Chicago. 111.
2J Vice-Pres.—Geo. B. Harris, Chicago. 111.
Secretary— T. S. Rowland, Boston, Mass.
Gen. Solicitor— J. W. Blyihe, Chicago. 111.
Land Cornm'r—'W. W. Baldwin. Burlington, la.
Transfer Agent— J. L. Carter, Boston, Mass.

TREASURY DEPARTMENT.
Treasurer— J. C. Peasley, Chicago, III.
Asst. Treas.—A.. G. Stamvood, Boston, Mass.
Cashier— W. J. Fabian, Chicago. 111.
Paymaster — R. S. Emmet, Chicago. 111.

ACCOUNTING DEPARTMENT.
Acting Comptroller— W. J. Ladd, Boston, Mass.
Gen. Auditor— J. L. Lathrop. Chicago. 111.
Ass't Gen. And.—C. I. Sturgis. Chicago. 111.
Aud. Expend.— W. A. Amory, Chicago. 111.
Freight Auditor— C. D. Bird, Chicago, 111.
Aud. P. Accts.—L. N. Hopkins, Chicago. 111.

172 Chicago, Burliiigtou and Quincy RR.

/ Y,/, fi/i >"•'/.

OPERATING DEPARTMENT.

Gen. Manager— W. F. Merrill. Chicago, 111.

Gen. Supf.—3. D. Besler, Chicago, 111.

Gen. Fgt. Agt.—'Yho*. Miller, Chicago, 111.

Supt. Car & Fgt. Service— Geo. H. Ross, Chicago, 111.

Asst. Gen. Fgt. Agt.— Fred. Rogers, Chicago. 111.

Asst. Gen. Fgt. Agt.—E. R. Puffer, Chicago, 111.

Axst. Gen. Fgt. Agt.—\V. B. Hamblin, Chicago, III.

Gen. Pass. & Tkt. Agt.— P. S. Roatte, Chicago, III.

Asst. Pass. & Tkt. Agt.— L. W. Wakek-y. Chicago, 111.

Gen. Bag. Agt.—E. A. Sadd, Chicago. 111.

Gen. Purch. Agt.— Geo. Hargreaves, Chicago. '111.

Asst. Purch. Agt.— George G. Yeamans. Chicago, 111.
j Consulting Eng.— R. J. McClure, Chicago. 111.

Chief Eng.—K. J. Blake, Chicago. III.
: Real Estate & Tax Agt.— M. B. Walker. Chicago, 111.

Supt. Motive Power— G. W. Khodes. Aurora, 111.

Mechanical Eng. — Wm. Forsyth, Aurora, 111.

Commissary— O. F. Wood. Chicago. 111.

Supt. Car Serricf — F. D. Lindley. Chicago, 111.

Stationer— X. E. Jennison, Chicago. 111.

Lines in Illinois

Superintendent— Y . C. Rice, Galesbnrg, 111.

Supt. Chicago Dir.—H. D. Judson. Aurora, HI.

A*st. S'lpt.—L. A. Howland, Chicago, HI.

Su.pt. Fgt. Tennis., Ch'go.—Y. A. Delano, Chicago, 111.

Master Mech.—H. D. Smith. Chicago, 111.

Mast. Mech., Chicago Dir.— A. Forsyth. Aurora. Hi.
I Supt., Galesburg Div. — John Lass, Galesburg, 111.

Div. M. Mtch.Glbg. Dir.-H. W. Colville, Galesburg. 111.
; Sunt. St. Louis JDiv.—W. B. Throop. Beardstown, 111.

Div.Hf.Mech.St.L.Div.—C.W Eckerson, Beardst'n, 111.

S>/pt. Bridges— E. C. Olin, Galesburg. 111.

*npt. Bldgs.—W. A. Boydston. Galesburg. 111.

Supt. Wait r Service — J. V. Pangborn, Galesburg, III.

Lines in Iowa and Missouri.

Superintendent— C. G. Wilson. Burlington. Ta.

Master Mech.— Joel West, W. Burlington. la.

Die. Supt., E. la. Mr.—O. E. Stewart, Ottumwa. Ta.

Mast. Mech., E. la. Dir.— J. F. Deems. Ottumwa. I&.

M<i*t. Mech., W.Ia Dir.—E. Jones. Cresron. la.

Div. Supt., IT". la. Div.—3. H. Duggan, C-reston, la.
Matter Car Painter*— 3. H. Lons. J. D. Ha'l,

Aurora, 111.: F. Johnson, Burlington. la.; L. C. Wav,

Galesburg, 111.; C. C. Seeley. Beardstown. 111.: E.

Bailey, Hannibal, Mo.: J. K. Lowry, Creston. la.

Train Masters— S. C. Stanton, Beardstown. 111. : W. C.
I Cross, Burliugton, la.; J. P. Evans, Charitou, la.
, Ghf. Disp., St. L. Dir^-W. S. Glover. Beardstown, III.

f 7if. Uisp., la. E. Dir.—C. W. Messenger. Ottumwa. la.

i'hf. JJisp., la. W. Div.—C. T. Leonard. Creslou. la

"* J" O- Thome , Beardstown, la.

Asst. And. Treas. Dept.—Vf. G. Gordon, Chicago, 111.

A**t. Supt., la. E. Dir.— 3. H.MrPartland, Ottumwa, la.
Asst. S'ipt., la. W. Dir.— II. S. Storrs, C'reston. la.
Supt. Water Service. — E. Hoagland, Ottumwa, la.

BURLINGTON AND MISSOURI Riv. RR. IN NEBRASKA.

President — J. N. Denison. Boston. Mass.

Treasurer— A. G. Sanwood. Boston, Mass.

<rtn. Manager— G. W. Holdrege, Omaha. Neb.

Secretary — W. J. Ladd, Boston. Mass.

Gen. Counsel— T. M. Marquette, Lincoln, Neb.

Land Comm'r — W. W. Baldwin, Burlington, la.

Asst. Land Comm'r—C. J. Ernst, Lincoln, Neb.

Aud. & Asst. Treas— J. G. Taylor, Omaha, Neb.

Cashier— D. T. Beans, Omaha, Neb.

Paymaster— J. G. Floyd, Omaha. Neb.

Gen. Fgt. Agt.— Geo. H. Crosby, Omaha, Neb.

If you want information about new or projected railroads, consult the General Index
and Table of Contents. Special information not contained in this book will be furnished
at a nominal charge by Poor's Information and Investigation Bureau, 70 Wall St., New
York.

33

34

THE

HARVEY

STEEL CAR

AND REPAIR

WORKS.

BUILDERS OF ALL KINDS OF

STEEL^WOODENFREIGHTCARS

ALSO SEPARATE

« REPAIR SHOPS x

Equipped with modern appliances for REPAIRING
FREIGHT CARS for railway and private companies

Special facilities for making all kinds of
CAR AND RAILWAY FORCINGS.

Inquiries solicited. Delivery unsurpassed.

T. W. HARVEY, PRESIDENT. J. D. McILWAIN, GENERAL SUPERINTENDENT.

E. E. KAUFMAN, SECRETARY AND TREASURER.

OFFICE: WORKS:

825 The Rookery, Chicago, HARVEY, ILL

Cm-Cm.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

172-179

172 Chicago, Burlington and Quincy RR.

, tttd.
Asst. Gen. Fgt. A gt.— Allen B. Smith, Omaha, Neb.

Train Masters

Gen. Agent— George W. Vallery. Denver, Col.
Gen. Sun(.—T. E. Calvert, Lincoln, Neb.

f A. Campbell, McCook. Neb.
a, • / *«~tc,j E. Bignell, Lincoln, Neb.
Superintendents!, c B ^odgere? Wymore. Neb.

t J. R. Phefan, Alliance, Neb.
i H. C. Nutt, Jr., Alliance, Neb.
Assistant Supts. < E. F. Highland, Denver, Col.
| V. O. English, Aurora. Neb.
f F. D. Houlette. Lincoln, Neb.
I. J. Belknap, Lincoln, Neb.
C. P. Philbnck, Wyniore. Keb.
C. W. Hohaus. Edgar. Neb.
E. Zook, Nebraska City. Neb.
C. H. Harman, Holyoke, Col.
(J. F. Kenyon, McCook. Neb.
f P. Hdnrich, Omaha. Neb.
t 4 A ^-*^ W. P. Durkee, Omaha. Neb.
A*sL A*dp*n\ H. D. Alice, Omaha, Neb.
i^E. O. Brandt, Omaha. Neb.
f W. P. Foreman, Denver. Col.
I E. S. Roller, Aurora, Neb.
Trav. Auditors 1 Alex. Gregg, Omaha, Neb.
j W. F. Curry, Lincoln, Neb.
(.C. W. Loomis. Beatrice. Neb.
Gen. Pass. & Tkt. Agf.—J. Francis. Omaha. Neb.
Asst.G. POSS.& Tkt. A.- Arthur B. Smith. Omaha, Neb.
Gen. Baa. Agt.—T. Marsland. Lincoln. Neb.
Chief Engineer— I. S. P. Weeks. Lincoln. Neb.
Consulting Eng.— R. J. McClure, Chicago, 111.
Ge.n. Parch. Aqt . — George Hargreavee, Chicago. 111.
Freight & Ticket Aud.—W. Randall. Omaha, Neb.
Supply Agt.—D. S. Guild, Plattsmouth, Neb.
Stationer— J. W. Bell, Lincoln, Neb.
Supt. of Teleg.—C. E. Yates. Lincoln, Neb.
Car Account. — M. McKinnon, Lincoln, Neb.
Supt. Mo. Power— D. Hawksworth, Plattsmouth. Neb.
'E. S. Greusel, Plattsmouth. Neb.
| J. C. Salsbery. Lincoln. Neb.
Master Mechs.l A. B. Pirie. Wvmore. Neb.

R. B. Archibald. McCook. Neb.
[J. P. Reardon. Alliance. Xeb.
Gen. Foremen j F. H. Steimker, Plattsmouth, Neb.

Car Repairs') Robert Balance, Denver, Col.
Foreman Coach Rep.— Wash. Smith, PlattPinouth. Neb.
Tiw vtr^i- A t \*> A- Eyler, Omaha, Neb.
Lue Stock Agtf. -, w B c'heek( South Omaha, Neb.

Supt. of Bridges .—C. P. Oleen, Lincoln, Neb.

173 Chicago, Detroit and Canada Grand
Trunk Junction Ky.

President — L. J. Seargeant. Montreal. Can.
Vice- President— John Bell, Belleville, Can.
Secretary— Robert Wright. Montreal, Qne.
Attorney— K. W. Meddaugh, Detroit. Mich.
Gen. Manager— \\'. J. Spicer. Detroit, Mich.
Accountan /—James H. Muir, Detroit. Mich.

174 Chicago, Fairchild and Eau Claire
Riv.i RR.

Propr ct G. .V.— X. C. Foster, Fairchild. Wis.
Sec. & As*t. G. M.—G. A. Foster. Fairchild, Wis.
And. & Gen. Fgt. Aqt.—C. M. Wilson, Fairchild. Wis.
Chief Engineer— Robert Holmes. Fairchild. Wis.
Purch. Agent— C. I. Wickenham, Chicago. 111.
Master Mech.— Milo Burkart. Fairchild. W>.
Mast. Car B'r.-J. F. Knute. Fail-child. Wis.

175 Chicago, Fort itfadison and Des
Moines Ry.

President— C. C. Wheeler. Chicairo, 111.
Vice Pres. & Gen. Man.— J. F. Tucker. Chicago, 111.
Treasurer— E. C. Long, St. P.iul. Minn.
Secretary— E. H. Skinner. Birmingham, la.
Asst. Secretary— H. R. Baldwin. Chicago. 111.
S>ipt.,Pur.A.&Cf. Eng.—E. F. Potter, Fort Madison, la.
And. & Cashier — Geo. H. Simmons. Chicago, 111.
Engineer— E. R. Shnable, Fort Madison, la.

1 7<> Chicago, Iowa aud Dakota RR.

President & Gen. Man.— John Porter, Eldora. la.
Vice-President— David Secor, Forest City. la.
Treasurei' — H. N. Brockway, Garner, la.
Ass't Treat.— W. S, Porter, Eldora, la.
Secretary— J. D. Newcomer, Eldora, la.
Gen. Fgt., Tkt.

Gen

Fgt., Tkt. <fe »

^Agt.. Aud. <fe VW. S. Porter. Eldora, la.

. Traf. Man. )

177 Chicago, Kalamazoo and SaginawRy.

President— A. J. Bowne, Grand Rapids, Mich.
V.-Pre«.& Gen. Man.—W. S. Dewing, Kalamazoo. Mich.
Sec., Treas. & Gen. Tkt. 1

V££i:S%.Titi. >HMC .Potter. Ka,a,nazoo,

P.Recte,Traf.&T.Aud. ;

<fe Pass. Agt.

Gen. Superintendent — L. Sergeant, Kalamazoo. Mich.
Road Master— John McGuire, Kalamazoo. Mich.

178 Chicago, Kansas City and Texas K y.

President— Charles A. Snow. Boston. M;t--.
Vice-Pres. — Gardiner Lathrop, Kansas City. Mo.
Treas. & Sec.— Willard R. Wilson. Boston. Mass.
Auditor— C. A. Peabody, Kansas City. Mo.

Road Master— E. H. Young, Smithville, Mo.

179 Chicago, Milwaukee and St. Paul Ry.

EXECUTIVE DEPARTMENT.

President— Roswell Miller, Chicago. 111.

Vice- President- Frank S. Bond. New York. N. Y,

3d Vice-Pres.—'E. P. Ripley. Chicaso, 111.

Secretary— P. M. Myers, Milwaukee. Wis.

Asst ««•'«- ^. \J.M.McKinlay. New York, N.Y_

c- B-

.

York- >" Y
New -yorkt x Y

OPERATING DEPARTMENT.

Gen. Man.— A. J. Earling, Chicago, 111.

Gen. Supt.—W. G. Collins Chicago. 111.

Chief Engineer— D. J. Whittemore, Chicago. 111.

Supt. Mo. Poicer-J. N. Barr. Milwaukee. \Vis.

Asst. Supt. Car Dept.— W.E.Kittredge. Mi!waukee,WiB.

Gen. Road Matter— 3. B. Moll. Chicago. 111.

Pur. Aqt.-John T. Crocker. Chicago. 111.

Mech. Engineer— Geo. Gibbs. Milwaukee. Wis.

Gen. Storekpr.—John A. Whaling. Milwaukee. Wis.

Stat. Sup. Agt.—E. F. Elwell, Milwaukee. Wis.

Supt. of Trans.— G. E. Simpson. Chicago, 111.
Supt. of Teleg.—U. J. Fry, Milwaukee, Wie.
Supt. Dining Cars—L. A. Pease, Chicago. 111.
Supt. Sleeping Car Dept.— J. B. Elwood. Chicago, 111.
Fuel Agent— H. R. Lloyd, Milwaukee, Wis.

*,*..

Special Agt.— John A. Hinsey, Chicago, 111.

LEGAL DEPARTMENT.

Gen. Counsel.— John W. Cary, Chicago, 111.
Gen. Solicitor- Jno. T. Fish, Chicago. 111.

Burton Hanson, Chicago. 111.

/ r£n M*
t. Gen. Sols,

H H Field> chicago I]L

TREASURY AND ACCOUNTING DEPARTMENTS.

Treasurer— F. G. Rauney, Chicago. 111.
Gen. Auditor— W. N. D. Winne. Chicago. 111.
Ass't Gen. Aud.—R. S. Dousman. Chicago. 111.
Comptroller— E. Q. Bewail, Chicago. HI.
Paymaster— C. A. Place, Milwaukee. Wis.

4«V Pnumastsrs ' H' B" Walker- Milwaukee. Win.
Ass t Paymasters -( Q Q gcott Mihvaukee Wi8

FYt Auditor— W. F. Dudley, Chicago. 111.
Ticket Auditor— P. Tyrrell. Chicago, 111.
And. of Expen.-Ch&s. E. Dudley. Chicago. 111.
R'd Accountant— J . J. Moulding, Chicago. 111.
Fuel Accountant — C. H. Burton, Milwaukee. Wis.
Car Accountant— W. E. Beecham, Chicago. 111.

36

Barbed Wire Fence Contractors i Builders,

THE WESTERN FENCE CO.,
CHICAGO, ILL.

Contract to furnish all materials and build Railway Fence, both Barbed Wire and
Board, also Wing Fences and Gates. Managers will nave money and secure durable fences
by contracting with us.

Have erected and furnished over 10,000 miles of fences on many important Western
lines, and in no case have yet failed in giving satisfaction, both in quality of work
and price.

We have complete outfit of cars, tools, and experienced men.

Address for particulars and propositions.

"WESTERN FEIVCE OO.9

441 Rookery Building, Chicago.

WILLIAM C. BAKER,

SOLE PROPRIETOR AND MANUFACTURER OF

The Fire-proof Baker Car Heater,

The Perfected Baker Car Heater,
The Mighty Midget Baker Car Heater,

AND ALL IMPROVEMENTS ON

The Original Baker Car Heater.

OFFICE AND WORKS : (GREENWICH AND 12TH STREETS, NEW YORK.

BEST R. R. FENCING IN THE WORLD.

The twisted wire rope selvage ia a peculiar

feature of our fencing, and is far superior to CDCPIAI PRIPF^
a single wire selvage. OlLuIHL rmuCo

TO

RAILROADS

In use on nearly every

Railroad leading

into Chicago.

MANUFACTURED BY

The McMullen Woven Wire Fence Co., Chicago.

CHI-CHI.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

179-181

179 < liiniKO. lliUvaukft- ami St. Paul Ky.
Continual.

TRAFFIC DEPARTMENT.

6. P. & T. Agt.- Geo. H. Heafford. Chicago, 111.
A G P <fc f. Agt.— Geo. S Marsh. Chicago. 111.
A. Gen. Tkt. Agt.— A. F. Merrill, Chicago. 111.
Asst. Gen. POM. Agt.-J. T. Conley, St. Paul, Minn.
Asft. Gen. Pans. Agt.—F. A. Miller, Chicago, 111.
Gen Sag. Agt.—W. D. Carrick, Milwaukee, Wis.
Fat. Traf. Man. -A. C. Bird. Chicago. 111.
Gen Fat Agt.—J. H. Hiland, Chicago. 111.
1st Asst. Gen. Fgt. Agt.-U. W. Keyes, Milwaukee, Wie.

( E. S. Keeley. Chicago, 111.
Asst. Gen. Fgt. Agts. { N. J. Goll, Chicago. I1L

/ D. C. Jones. St. Paul, Minn.
Div Fgt. Agt.—J. M. Davis, Milwaukee, Wis.
fG. F. White, Davenport. la.
I E. W. Jordan, Sioux City. la.
Di< . Fgt. A \ B. H. O'Meara, Cedar Rapids, la.
Pass.'Agt*. 1 W. E. Peak, Mason City. la.

H. E. Pierppnt. Winona, Minn.
[T. W. Lippincott, Uttumwa, la.

TAX DEPARTMENT.

Tax Cotnm'r—W. S. Milligan, Milwaukee, Wis.
Tax Agt. for Illinois— W. J. Parsons, Chicago, 111.
Tax Agt for Mi n- j

nesota, 'North <fe VF. S. McDonald. Minneapolis, Minn.

South Dakota )

LAND DEPARTMENT.

Land Com'r — H. G. Haugau. Milwaukee, Wis.
Gen. iMnd Agt.—C. A. Padley, Milwaukee. Wis.
Industrial Commissioner— Luis Jackeon, Chicago, 111.

CLAIM DEPARTMENT.

Special Agt.—Johi\ A. Hinsey, Chicago, 111.
Fgt. Claim Agt.-YL. P. Elliott, Chicago, 111.

Division Superintendents.

NORTHERN DISTRICT.— H. R. Williams. Assistant Gen-
eral Superintendent. Minneapolis, Minn.
River Division.— W. J. Underwood, Superintendent,
St. Paul, Minn. DitbiH/ue Dii'i*wn.—J. W. Stapleton.
Superintendent, Dubuque, la. Iowa and Minnesota
Division. — Jas. R. Williams, Superintendent, Minne-
apolis, Minn. Imva and Dakota Division.— C. A. Cos-
grove, Mason City, la., Supt. Hastings and Dakota
In vision.—!). L. Bush, Supt., Minneapolis, Minn.
Chippeiva Valley and Wabaah Division*.— W. J. Under-
wood, Superintendent, St. Paul, Minn. Southern Min-
nesota Division.— <Wilbert Irwiu, Superintendent,Austin,
Minn. James River Dirision.—J. M. Bunker, Super-
intendent, Aberdeen, S. D.

MIDDLE DISTRICT.— E. W. McKenna. Assistant General

Superintendent, Milwaukee, Wis.
La Crosse Division.— It. C. Cheney, Superintendent,
Milwaukee, Wis. Mtenuta Valley Division . — R. R.
Minturn, Superintendent, Babcock. Wis. Prairie /></
and Mineral Point Divisions.— W. W. Collins.
Supt., Milwaukee. Wis. Northern Dicision.— J. F.
Gibson, Supt., Milwaukee, Wis.

SocTHEr.N DISTRICT.

Racine and Southwestern Division.-- E. D. Wright,
Supt.. Racine. Wis. Chicagoaml Eranston and Chicago
and Council Blvffs Divisions (in Illinois}.— J. M. Barr,
Supt.. Chicago. 111. Chicago and Council Bluffs Division
(in lowa).—C. A. Goodnow. Supt.. Marion, la. Kansas
City Division.— J. B. Cable. Supt., Kansas City. Mo.
Siouy City and Dakota Division.— L. B. Beardsley,
Superintendent, Sioux City. la.

Division Master Mechanic*.— E. Fairbairn. W. Mil-
waukee. Wis.: John Taylor. Minneapolis, Minn.: A. E.
Manchester, Dubuque, la.

1 79 Chicago, .Milwaukee and St. Paul Ry.

Continued.

Master Car Builders.— W. O. Davies, Chiwigo, 111.;
P. Renier, Dnbuque, la. ; E. A. Wescott, Minneapolis,
Minn.: E. L. Muncell, Chillicothe, Mo.; F. L. Longfel-
low, Marion, la.

Master Car Painters.— A. Shroeder, W. Milwaukee,
Wis.; Geo. S.West. Minneapolis. Minn.: H. Rivers, Mil-
waukee, Wis.

18O Chicago. Peoria and St. Louis Ry — (See
Jacksonville Southeastern Line.)

181 Chicago, Rock Island and Pacific Ry.

GENERAL OFFICERS.

Chairman Executive Com.— Hugh Riddle, Chicago, 111.

President— R. R. Cable, Chicago, 111.

1st Vice- President— Benj. Brewster. New York. X. Y.

2d Vice-Pres., Sec. & Treat.— W. G. Purely. Chicago, 111.

3d Vice- President— H. A. Parker, Chicago. 111.

Asst. to Pres. — A. Kiuiball, Davenport, la.

Asst. Sec. & Asst. 1 George T. Bog2s, New York. N. Y.

Treas. \ J. F. Phillips. Chicago, 111.

Assl. Treas.—C. F. Jilson, Topeka, Kan.
Gen. Manager— E. St. John, Chicago. 111.
Asst. Gen. Manager— W. I. Allen, Chicago, 111.
Traffic Mgr.—W. M. Sage. Chicago. 111. '
Gen. Tkt. d- Pass. Agt.— John Sebastian. Chicago, 111.
Gen. Counsel— Thos. F. Withrow. Chicago. 111.
Auditor— F. W. Porter, Chicago. 111.
Freight And.— Geo. H. Crosby. Chicago, 111.
Ticket Auditor— A. Temple, Chicago, 111.
Parch. Agent— Y. A. Marsh, Chicago, 111.

Geo' F- Wilson'

Fuel Agent— J. J. Hart, Chicago. 111.

^ G. A. Butler. Chicago. 111.
Dii:i*ion Engineers- B. B. Drayton. Davenport. la.

/ R. W. Day. Topeka. Kan.
Supt. T^eg.—A. R. Swift. Chicago. 111.
Supt. of Dining Cars— Frank Stewart. Davenport, la.
Car Service Agt.—C. F. Drew, Chicago, 111.
Gen. Bag. Agt.—J. D. Marston. Chicago, 111.
Land Comrri'r—J. L. Drew, Davenport. la.

GENERAL AND DIVISION OFFICERS.
Lines East of Missouri River.

Gen. Supt.— ft. F. Royce. Chicago, 111.

Gen. Fgt. Agt.—J. M. Johnson, Chicago, III.
I 1st Asst. Gen. Fgf. Agf.—H. Gower. Chicago. 111.
i 2d Asst. Gen. Fgt. Agt.—J. C. McCabe, Chicago, 111.
j Asst. Gen. Tkt. <fe Pass. Agt.— 8. F. Boyd. Chicago. 111.
I Asst. Gen. Pa*s. Agt.—G<-o. L. Rhodes, Chicago. 111.
! Gen. Attorney--Tbos. S. Wright. Chicago. 111.

Jtoymotfer— W. A. Purdy, Chicago, 111.

fill. Dir.—C. L. Ewing, Chicago. 111.

— . ^ j la. Dir.—\\. H. Stillwell. DesMoines. la.

1 ''" »/*M .^mithwett Dii'.—H. A. White.Trenron.Mo.
[DesMoines Vy. D.— C.N.Gilmore, D.M..Ia.

Lines West of Missouri River.

Gen. Supt.—C. Dunlap, Topeka. Kan.
I Astt.Gen. Supt.—W. S. Page. Topeka. Kan.

Supt. Main. A Const.— W. K. McFarlin. Topeka, Kan.
j Gen. Fgt. Agt.—D. Atwood, Topeka. Kan.

l*f Ata. Gen. Fgf. Agt.—L. F. Kimball, Denver. Col.

As*t. Gen. Fgt. Agt.—G. A. Kimball. Topeka. Kan.

Asst. G. Tkt.& Pas.^.Agf.—T.J. Anderson. Topeka. Kan.

Gen. Attorney— M. A. Low, Topeka. Kan.

Paymaster— -W '. Hodson, Topeka. Kan.

( East.Dii'.—^.. J. Hitt. Horton.Kan.

Div. Supts.l West. Dir.-C. H.Hubbell.Col. Sp'gs, Col.
( S. W. Die.— S. B.Hovey, Herington. Kan.

The record of a railroad as a " dividend-payer " is usually the best criterion of the
value of its securities. Consult Poor's Hand-Book of Investment Securities for such
information. Special reports furnished by Poor's Information and Investigation Bureau,
70 Wall St., New York.

37

38

THE SPRINGFIELD IRON GO.

Works and General Office, SPRINGFIELD, ILLINOIS.
CHICAGO OFFICE, ST. LOUIS OFFICE,

71O and 71 1 Phenix Building. 125 & 127 Laclede Buiiding.

IRON AND STEEL SPLICE BARS.

Track Bolts, Merchant Iron, and Bar Steel.

OHA.IVIVJEL,S.

CHARLES RIDGBLY, Prest. WM. BARRET RIDGELY, Vice-Prest. H. H. CUST, Seoy.

THE LONE STAR IRON COMPANY

JEFFERSON, TEXAS,

MANUFACTURERS OF

High Grade Charcoal Pig Iron.

Our iron is manufactured from the celebrated Marion County, East Texas,
Brown Hematite, Fossiliferous and Gray Carbonate Ores, carefully selected,
and is very low in phosphorous and sulphur. It is tmequaled
for car wheels, chilled rolls, stamps, dies and other castings where great
strength, softness and toughness, combined with thorough chilling qualities,
are desired. It is unexcelled for malleable castings. Nos. 1 and 2 cannot be
beaten for foundry purposes.

No. 1 analyses as follows : carbon, graphitic, 3.86 ; curbon, combined,
.037; silicon, 3.197; sulphur, .008; phosphorous, .108.

No. 5 analyses as follows: carbon, graphitic, 2.194; carbon, combined,
1.921 ; silicon, .602 ; sulphur, .049 ; phosphorous, .117 ; manganese, .151.
Address,

The Iione Star Iron Company

JEFFERSON, TEXAS.

Cm-CiN.

POOR S DIRECTORY OF RAILWAY OFFICIALS.

182-190

1 82 Chicago, St. Paul and Kansas City Ry.

Chairman Bd. of Dir.— A. B. Stickney, St. Paul, Minn.
President <{• trrit. Man.— John M. E^an, St. Paul, Minn.
Vice-Pre*.-C. W. Benson, St. Paul.'Minn.
V.-Pres. A Trim* for Arjt.—W. L. Boyle, New York, N.Y.

,-<?r— W. B. Bend, Sr. Paul, Minn.
, G*n. Claim A<it.— M. C. Woodruff, Dubuque, la.
.(->'/ Sec.— Jno. L. Pratt, St. Paul, Minn.
Traffic A/0/-.--W. R. Busenbark, Chicago, 111.
Gen. Pass. A Tkt. Agt.—F. H. Lord. Chicago. 111.

9. P. A T. A.—C. A. Cairns. Chicago, 111.
Gert. Fgt. Agt.— P. C. Stohr, Chicago. 111.

l S. O. Brooks. St. Paul, Minn.
Fgt. Agtf.- C. R. Berry, St. Joseph, Mo.

/ T. H. Tibbits, Chicago, 111.
Gen. Auditor-^.. C. Healion. St. Paul, Minn.
Fgt. Auditor— Frank Hoppe, St. Paul, Minn.
Car Serv. Agt.— 3. R. Cavanash, St. Paul. Minn.
Gen. Atfys— Lusk, Bunn. & Hadley, St. Paul, Minn.
Gtn. Claim Agt. -M. C. Woodruff, St. Paul, Minn.
Chief Eng.— H. Fernstroni, St. Paul. Minn.
Supt. Mot. Power— W. T. Reed. St. Paul. Minn.
Parch. Agt.-J. Warwick, St. Paul. Minn.
Paymaster— Geo. C. Armstrong, St. Paul. Minn.
Supt Telegraph.- J. C. Ford. St. Paul, Minn.
Chief Train Ditp'r— D. McNab. Oelwein, la.
f B. F. Egan, Dubuque, la.
j J- D. Farrell, Chicago, 111.
•{ Jas A Kel,y> Kansas, city,- Mo.
L J. Berliugett, Des Moines, la.
Gen. Bag. Agt.— John Colley, Chicago, 111.
Svpt. Terminal*— J. J. McLaughlin/St. Paul, Minn.
Gen. Trar. Fgt. Ag1.— Frank Cassidy, Chicago. 111.
Trar. Lumb. Agt.—R. T. Flournoy, St. Paul, Minn.

183 Chicago, St. Paul, Minneapolis and
Omaha Ry.

President— Marvin Hughitt, Chicago, 111.

M- L- Svke3< New York< *• Y-

Secretary— E. E. Woodman, Hudson. Wia.
Ass't Treas.—S. O. Howe. New York. N. Y.
Local Treat.— R. W. Clark, St. Paul, Minn.
Gen. Manager-E. W. Winter. St. Paul, Minn.
Gen. Supt.— W. A. Scott, St. Paul, Minn.
G. P. A Tk. Agt.—T. W. Teasdale. St. Paul, Minn.
A. G. P. A Tk. A.-J. S. McCullongh, St. Panl. Minn.
Gen. Ft. Agt.— James T. Clark, St. Paul, Minn.
1st Ass't G. Fgt. A.—E. M. Pearce, St. Pau!, Minn.
2d Ass't G. Fgt. A.—E. B. Ober, St. Paul. Minn.
Div. Fgt. Agt.— Lyman Sholcs, Omaha, Neb.
Chief Er,g.— C. W. Johnson, St. Paul, Minn.
Auditor— L. A. Robinson, St. Paul, Minn.
Pur. Agent— W. H. S. Wright, Sc. Paul, Minn.
Commercial Agt.—^l. E. Trumer. Minneapolis, Minn.
Gen. E. Agt.—C. I. Allen, New York, N. Y.

( W. H. Mead, Portland, Ore.
Gen. Agts. 4 Geo. M. Smith. Duluth. Minn.

( S. G. Strickland, Sioux City, la.
Land Com.—W. H. Phipps, Hudson, Wis.
Gen. Counsel— 3. H. Howe. St. Paul, Minn.
Car Account' t— A. Drezmal, St. Paul, Minn.
Supt. of Teleg.—U. C. Hope, St. Paul, Minn.
Claim Agent— Edmond L. Poole, St. Paul, Minn
Baggage Agent— E. F. Woode, St. Paul, Minn.
Act. Ma*f. Mech.—J. J. Ellis, St. Paul. Minn.
Asx'tM.Mech.—J . K. Brassill, Sioux City, la.
Mast. Car Jidt.—H. L. Preston, Hudson, Wia.

Eastern and Northern Divisions.
Superintendent- James McCabe, St. Paul, Minn.

St. Panl and Sioux City Division.
Superintendent— H. Spencer, Mankato, Minn.

Nebraska Division.

Superintendent— ~B.. S. Jaynes, Omaha, Neb.
IntjHCtor of Bridges— W. S. Darby. St. Paul, Minn.

Superintendents Bridges and Buildings— E. Shute,
Eau Claire, Wis.; J. Copeland, East St. Paul, Minn •
W. E. Tippett, Mankato, Minn.; Frank Glasgow,

184 Chippewa River and Menominee Ky.

President— Y. Weyerhaeuser, St. Paul. Minn
Viet- President -O. H. Ingram, Ea;i Claire. Wi^.
Treasurer— Win. A. Rust, Eau ( .aire. Wi«.
Secretary— Wm. Irvine, Chippewa Falls, V.
Gen. Manager— J). R. Moon, Eau Claire, W>.

SUA'Pin\fAgt!'J' !' Newton Mil'9' Vernona June., Wia.
185 Choctaw Coal and Ky.

Edwin D" chadick' s" McAlester, I. T.

Francis I. Gowen. So. McAlester, I. T.
Manager— J. D. Bradford, So. McAlester. I T
Sec.forRec'rs— Allen R. Boyd. So. Mc-Ale-t^r. I.T.
Aud. A Traf. Man.-J. F. Holden. So. McAlest^r, I. T.
Mast. Mech.—Tben. Bergold, So. McAlester. I. T.
Cashier— George E. Starr. So. McAlester. I. T.
Supt. of Mines— Edwin Ludlow. Hartshorne, I. T.
Supt. Trans.— F. L. Moeller, So. McAk-.-ter, I. T.
Purch. Agt. — George Minch, St. Louis, Mo
Gen. Attorney— J. W. McLoud, So McAlester. I. T.
Gen. Counsel -S. A. Gilbert, So. McAlester, I. T.

CORPORATE OFFICERS.

President— Chas. Hartshorne, Philadelphia. Pa
Vice- President— Alan H. Reed. Philadelphia, Pa.
Secretary— Frank T. Patterson. Philadelphia, Pa.
Treasurer— Wm. C. Alderson, Philadelphia. Pa.

186 Cincinnati and Kentucky Southern
RR.

President— Lowe Emerson, Cincinnati. O.

Vice- President- B. P. Mr.lone, Magdalena, Mexico.

•-as.d-Gen.Man.— Edwards Ritchie,Cincinnnti,O.
Gen. Svpt. — H. D. Emerson, Cincini ati. O.
Gen. F. at- P. Agt.—V>~. L. Peairs, Yosemite, Ky.
Chief Engineer— Henry Meade. Yosemite. Ky.
Comptroller— W. T. Perkins, Cincinnati, O.

187 Cincinnati and Muskingnm Valley Ry.

President —Thomas D. Messier. Pittsburgh, Pa.

Treasurer— T. H. B. McKnight. Pittsburgh. Pa.

Asst. Treat.— i. P. Henderson. Pittsburgh, Pa.

Secretary A Supf.—C. H. Walton. Zanesvilie, O.

Auditor— John W. Renner, Pittsburgh, Pa.

Gen. Fgt. A T. Agt.—F. M. Wilkinson. Zar.esvi!le, O.

Solicitor- John S. Brasee. Lancaster. O.

Eng. Main, of \Yay-G. Ericson. Zanesvilie, O.

Pur. Agent— Wm. Mullins. Pittsburgh, Pa.

Gen. Foreman— Wm. Meikle, Lancaster, O.

188 Cincinnati and West wood RK.

^urfT^AgL71- !' Ja*' *• Gamble, Cincinnati, O.
Vice-Prexident—P. M. Williams. Cheviot. O.
Treasurer— A.. D. Shockley. Cincinnati, O.

SeCATUAgtGen'Fgt' ;•>'• G' Hildreth, Westwood. O.

Gen. Traf. 'Man.— M. H. Crawford. Cincinnati. O.

Gen. Agt.—J. K. Dimmick. Cincinnati O

Gen. Bag. Agt.—O M. Gain. Westwood. O

Mast. Car Pep. A Supt.Brdgs.—T. J. Pavey, Cheviot, O.

189 Cincinnati, Georgetown and Ports-
mouth RR.

President — Ralph Peters, Cincinnati O
V.-Pres.,Gen.F.AP.Agt.,l

Pur. Agt., Comp. A \-E. W. White, Cincinnati, O

Car Acct. \

Sec. A Auditor— R. G. Roelker. Cincinnati, O.
G. Supt. A Mast. CarR.—J.C. McQuiston, Cincinnati, O
Supt. of Brid(j&>—J. V. Harrison, Cincinnati O
Mast. MacJi.—Benj. C. Vehrkamp. Cincinnati. O
Road Master— John Peterson, Cincinnati, O.
Gen. Counsel — W. J. Thompson, Georgetown, O.

190 Cincinnati, Hamilton nnd Dayton RR.

Pres. A Gen . Man.— XL. D. Woodford, Cincinnati. O.
Viet- President — Eugene Zimmerman. Cincinnati O
Sec.. Treax. A Trans f. Agt—F. H. Short, Cincinnati, O.

Wrorthington, Minn.; W. T. Plowman, Blair, Neb. Auditor— Geo. W. Lishawa, Cincinnati,' O

39

40

OWNERS AND OPERATORS

TENNESSEE ROLLING WORKS, TENNESSEE ROLLING MILLS,

Cumberland Plver. Louisville, Ky.

MANUFACTURERS

Tennessee Bloom and Laurel Stay Bolt Iron* Tennessee Flange Iron,
Also flange fire Box and Boiler Steel.

Principal Office and "Warehouse, -

SAINT LOUIS.

TTSTOWN IRON CO.

H PHILADZLfr
BOSTON,
CHICAGO,
CLEVELAND,
DETROIT.

GO. A/./.

STAY-BOLT,
RIVET, D. LINK,
AXE, HATCHET,
CARRIAGE AND
WAGON AXLE

IRON.

SUPERIOR QUALITY REFINED BAR IRON,

HEXAGON IRON AND STEEL.

ALL

MERCHANT BAR
SIZES

OF

SOFT

STEEL.

ClN-CLE.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

190-20*

1 90 Cincinnati, Hamilton and Dayton 1C 1C.

Confirmed.

Purch. Agt.—C. G. Waldo, Cincinnati. O.
Gen. Superintendent— Chas. Neilson, Cincinnati, O.
Superintendent— R. B Turner, Cincinnati, O.
Gen. Fgt. Agt.— A. H. McLeod. Cincinnati. O.
Asst. Gen. Fgt. Agt. -A. D. McLeod, Cincinnati, O.
Gen. Bag. Agt.—H. W. Griffin, Cincinnati, O.
G. P. cfc T. A.— E. O. McCormick, Cincinnati. O.
Acting Chief Eng.—Chas. Wood, Cincinnati, 0.
Enq. Main', of \Vay- Jno. B. Porter, Cincinnati, O.
Car Acc't—W. J. Mulvihill, Cincinnati, O.
M. of C. Rep'rs—W. H. H. Allison, Cincinnati, O.
Master of Mach.— C. H. Cory, Cincinnati, O.
Su. Bg.'& Big.— Henry Golden, Hamilton, O.
n- • -^ c t<, J Alex. Galloway. Cincinnati, O.
Division Sitpts. | F A Hllgted< Toledo, O.

Supervisors— John Sullivan, C. H. D.. Hamilton. O. ;
J. M. Rourk, C. H. & I., Cornersville, Ind.; J. Taubken,
D. & M., Lima, O.: W. L. King. C. D. & I., Dayton, O.;
W. W. Haring, C. D. & C., Celina, O.
Supt. Tele.— J. L. Orbison, Cincinnati, O.

191 Cincinnati. Hocking Valley and Hunt-

ingtoii RR. 9

President— Marcus Boggs, Chillicothe, O.
Gen. Manager— John Karshner, Adelphi, O.
Secretary— Robt. Swinehart, Chillicothe, O.
Treasurer— T. G. McKell, Chillicothe, O.

192 Cincinnati, Jackson & Mackinaw Ry.

President— Walston H. Brown, New York. N. Y.

Vice- President— Y. B. Swayne, Toledo, O.

Sec. cfe Treas.— Richard Outwater, New York, N. Y.

Cashier- O. A. Wrilson, Toledo, O.

Gen. M. cfe P. A.-F. B. Drake, Toledo, O.

Superintendent— J '. B. Flanders, Toledo, O.

Gen. F. & P. A.—T. C. M. Schindler, Toledo, O.

Chief Eng.— W. D. Williams, Van Wert. O.

Supt. Ohio Div.—W. T. Backus, Van Wert. O.

Mas. Mch.—A. H. Watts, Marshall. Mich.

Gen. Coun-sel— Swayne, Swayne & Hays, Toledo, O.

Acting Aud.—W. F. Booth, Toledo, O.

Fgt. cfe T. Acct.—T. C. Cheney, Van Wert, O.

Car Acct.—L. I. Martin, Toledo, O.

193 Cincinnati, Lebanon & Northern Ry.

Pres. cfe Treas. — Geo. Hafer, Cincinnati. O
Secretary— John F. Win slow, Cincinnati. O.
A. cfe G. F. &P. A.— Clay Rockwell, Cincinnati. O.
Mast. Ti-ans. cfe fi'd Mast.—H. E. Sawyer, Cincinnati, O.
Mast, of Mach. cfe Car Rep.—F. E. Voight, Cincinnati, O.

194 Cincinnati, Ne\v Richmond and Ohio

River RR.

Superintendent — W. P. Devon, Jr., New Richmond, O.

195 Cincinnati, New Orleans and Texas
Pacifte Ry.— (See (Jueen and Crescent Route.)

196 Cincinnati Northwestern Ry.

Pres. cfc Gfn. Mgr.— Robert Simpson, Cincinnati, O.
Vice-Pres.— John R. Davey, Cincinnati, O.
Treasurer— Henry Bohl. Cincinnati, O.
Sec. cfe Trans. Agt.—Wm. T. Simpson. Cincinnati, O.
Gen. Supt.— Arthur Waters, Mt. Healthy. O.
Chief Engineer— R. L. Read, Cincinnati, O.
Gen. T. A.— F. H. Simpson, Cincinnati, O.
Gen. Counsel— John E. Bruce, Cincinnati. O.

197 Cincinnati, Portsmouth and Virginia
RR.

Pres. cfc Gen. Man.— Samuel Hunt. Cincinnati. O.

Vice-President— Henry M. Hoyt. Jr., Philadelphia, Pa.

Sec. cfe Treas.— Thomas Hunt, Cincinnati. O.

Chief Eng.— W. B. Ruggles, Cincinnati. O.

Gen. Tkt. & Fgt. Agt.—E. F. Gray, Cincinnati. O.

Mast. Mach. & Car R.— C. F. Musselman, Porrsmouth,O.

Auditor— W. D. Gray, Cincinnati, O.

198 Cincinnati, Saginaw and Mackinaw

RR.

President -A. W. Wright, Alma, Mich.

Vice-Pres.— L. J. Seargeant, Montreal, Que.

Sec., Treas. cfe Trans. Agt.—Jas. H. Muir. Detroit, Mich.

Gen. Manager— W. J. Spicer, Detroit, Mich.

Traffic Man. —Geo. B. Reeve, Chicago, 111.

Supt.— A. B. Atwater, Detroit, Mich.

Chief Engineer— George Masson. Detroit, Mich.

Gen. Pass, cfe Tic. Agt.—W. E. Davis. Chicago, 111.

Gen. Fgt. Agt.— D. Brown, Chicago. 111.

Mech. Supt.—H. Roberts, Detroit. Mich.

Com. Agt.— George A. Grant, Saginaw, Mich.

199 Cincinnati, Wabash <fc Michigan Ry. -

(Now operated as the Michigan Division of the
Cleveland, Cincinnati, Chicago and St. Louis Ry.)

20 O City and Suburban Ry.

President— James H. Johnston, Savannah, Ga.

Vice- President— Harry Parsons, New York. N. Y.

Treasurer— Ernest Schmitt, Savannah, Ga.

Secretary — Ed. J. Thomas, Savannah, Ga.

Supt.— George W. Alley, Savannah, Ga.

Mast, of Car Hep. — Jas. C. Thompson, Savannah, Ga.

Gen. AWy— George A. Mercer, Savannah, Ga.

2O1 Clarendon and Pittsford RR.

President — Fletcher D. Proctor. Proctor. Vt.
Vice- President— Frank C. Partridge, Proctor. Vt.
Sec. cfe Trea£.— E. R. Morse, Proctor, Vt.
Gen. Supt.— Geo. C. Robinson. West Rutland. Vt.
Purch. Agt.—E. J. Boyce, Proctor. Vt.

2O2 Clarion River Ry.

President-W. H. Hyde, Ridgway, Pa.
Vice- President— J. K. Gardner. Ridgway. Pa.
Sec. cfe Treas.— J. K. P. Hall, Ridgway. "Pa.
Gen. Man.—H. A. Hall, Ridgway, Pa."

2O3 Cleveland, Canton and Southern RR.

Pres. cfe G.Man.— H. A. Blood, Boston. Mass.

^Se/*''6*' Tr€aS' ^ \ Wm. O. Chapman, Boston, Mass.

Asst. Trea^.—E. D. Hewins. Boston. Mass.
! Gen. Superintendent — J. W. Wardwell. Cleveland, O.

Gen. Pass. Agt.—Yred. R. Brings, Cleveland, O.
I Gen. Fgt. Agt.— Henry R. Moore. Cleveland. O.
: Auditor cfe Cashier— A. Thierry, Canton. O.

Gen. Counsel — Charles H. Blood, Boston. Mass.

Asst. Supt. cfc Chief Eng.—H. A. Kennedy. Canton, O.

M. T., R. M., S. 7*., cfe P. A.—H. A. Kennedy, Canton, O.

Jolm Bea"- Cant00'

Car Accf.—W. C. Keeler, Canton. O.
Contract Agt.—W. A. Kappler, Cleveland. O.

«04 Cleveland and Marietta Ry.

Pres. cfe Gfn. M.—A. T. Wikoff. Cambridge. O.
i Vi.ce-Pres.— Thos. DeWitt Cuyler. Philadelphia. Pa.
; Sec. cfe Treas.— G. H. Candee, New York, N. Y.
I G.F.& P. A. cfe B. A.—W. K. Richards, Cambridge. O.
! Aud. cfe Pur. A.—C. C. Pickering, Cambridge. O.
i Trans. Agts.—Cnyler, Morgan & Co.. New York. N. Y.
j Supt. of feleg.—H. L. Stroupe, Cambridge. O.

SCar AcSant \~Jas- C' Ta-vlor< Cambridge. O.
^/"sfidg M(lSt" ! J- I- Kidd, Cambridge, O.
Mast. Mech.— John Glaser, Cambridge. O.

2O5 Cleveland, Akron «fe Columbus Ry. (The)

Pres., Gen. Man. cfe P. A. — N. Monsarrat. Columbus, O.
Vice-President— J . A. Horsey, New York. N. Y.

Se<&' TUan* ^Aot' '" A' W' Dimn'u?' Columbus, O.
Gen. Ft. cfe Pa#s. Agent— H. B. Dunham. Columbus. O.
Gen. Supt.&, Ch.Eng. — James Harrington, Columbns.O.

Railway History is a special feature of Poor's Manual of Railroads. You should
consult that standard authority if you desire to acquire knowledge of this character.

41

CLE-OLE.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

205-206

2O5 Cleveland, Akron «fc Columbus By.

(The). — Continual.

S>tp(. <£ Matt. Mtch.— John J. Henry. Columbus, O.
Road Master—,}. F. Donelon, Columbus, O.
Trav. Fqt. <fe Pass. Agt.—E. D. Pullerton, Columbus, O.
Cont. F'gt. A Pass. Agt.—B. H. Akin, Columbus, O.

206* Cleveland, Cincinnati, Chicago Jk St.

l.o ii is Ry.

BIG FOUR ROUTE.

Cleveland IHv., Cleveland, O., to Columbus, O., 138
miles ; Mt. Gilfad Short Line RR., Edison, O., to Mt.
Gilead, O., 2.5— 140.5 miles ; Cincinnati Div., Columbus,
O., to Springfield, O., 175 mile? : Indianapolis Div.,
Gallon, O., to Indianapolis, Ind., 203.2 miles ; St. Louis
Div., Indianapolis, Ind., to St. Louis, Mo., 262 miles ;
Alton Branch, Wann, 111., to Alton. 111., 4—266 miles;
Chicago Div., Cincinnati, O., to Chicago, 111. (includ.
bran.)', 419 miles : Cairo Dir., extending from Cairo,
111., to Vincennes, Ind., and Danville, 111., 270 miles;
Peoria Dir.. Spriu<rfield. O.. to Peoria, III., 352 miles ;
Sanduttky Dir., Springfield. O., to Sandusky, O., includ-
ing Findlay Branch, 146.09 miles ; Michigan Div., Ben-
ton Harbor, Mich., to No. Vernou, Ind., 250 miles-
total miles operated. 2,221.79 miles.

GENERAL OFFICES : Central Union Depot and Ry.
Co.'s office building. Cincinnati, O., and corner St. Clair
and Water Streets, Cleveland, O.

Registrar of Stock \ T^orCkentral Tnist C°" of >>W
Transfer A Financial A&. \ D^ y?r^1?y * C°"

EXECUTIVE DEPARTMENT.
President— *\. E. Ingalls, Cincinnati, O.
Vice-Pre*.— J. D. Layng, New York City.
Gen. Man.— Joseph Ramsey, Jr., Cincinnati, O.

LEGAL DEPARTMENT.

I H. H. Poppleton. Cleveland O.
Gen. Attorneys -f John T Dye Indianapolis. Ind.

SECRETARY'S AND TREASURER'S DEPARTMENTS.
Secretary— E. F. Osborn, Cincinnati, O.
Treasurer— Geo. S. Russell, Cleveland, O.
Ax.it. Treasurer— C. L. Warriner, Cleveland, O.
Paymaster— Y. D. Comstock, Cleveland, O.

ACCOUNTING DEPARTMENT.
Auditor— P. A. Hewitt, Cincinnati, O.
Fat. Account^— E. E. Kruthoffer, Cincinnati, O.
fkt. AccounCt—F. M. Brine, Cincinnati, O.

TRAFFIC DEPARTMENT.

Traffic Man. — Oscar G. Murray, Cincinnati, O.
Gen. Pass. & Tkt. Agt.—D. B. Martin, Cincinnati. O.
Asst. Gen. Pass. Agt.—H. M. Bronson, Ind'polis, Ind.
Gen. Fat. Agt.—A. S. White, Cincinnati, O.

f W. D. Holliday, St. Louis, Mo.
| C. V. Lewis, Cincinnati, O.

4 t n w / .!„/» J R- p Buchanan, Cincinnati, O.
A**t. G*n. Fgt. Agts.\ A B Hough) cferetand. O.

! Ford Woods. Indianapolis, Ind.

[E. F. Cost, Chicago, 111.
Gen. Bag. Agt.—D. M. Calkins, Cleveland, O.
Gen. Live Stock Agt.—A. M. Stewart, Cincinnati, O.

OPERATING DEPARTMENT.

Gen. Snpt.—K. A. Peck, Indianapolis, Ind.
Supt. Transp.—J. E Rose. Indianapolis, Ind.
Supt. of Mot. Pou\—E. P. Lord. Cincinnati, O.

Chief Eng.— G. W. Kittridge, Cincinnati, O.
Supt. of Teleg. — C. S. Rhoads, Indianapolis. Ind.
Pnrch. Agt.—J. H. Garaghty, Cincinnati, O.

•JO<» Cleveland, Cincinnati, Chicago <fc St.

Louis Ry*—Continut>i.

Cleveland Division.

Superintendent— T. J. Higgins. Cleveland, O.
Train Matter— E. C. Kenny, Cleveland, O.
Eng. Maint. of Hay— S. Hazaid. Cleveland, O.
S'ipt. Bridges <t Bldgs.— f. S. Man-in, Shelby, O.

E- E-

J' H- Berrv" Delaware. O.

Cincinnati Dirision.

Superintendent— Wm. Gibson. Springfield. O.
Train Master— T!. J. English, Springfield. O.
Eng. Maint. of Way- 3. C. Nelson. Springfield, O.
«»»'*•« /if TmrTf * L- B^ndt, Springfield, O.
Sup is oj Track - c Murphy Springfield. O.

Sup'r Bridges tfe Bldgs.—ti. F. Potter, Springfield, O.

Indianapolis Division.

Superintendent— Thos. Reynolds, Indianapolis, Ind.
Tiain Master— Jno. Swisher, Union City, Ind.
Eng. Maint. of Hay— W. M. Duane, Indianapolis, Ind.
Snp'r. W. End— P. J. Howard, Union City. Ind.
Sup'r, E. End—R. Gardiner. BHlefontaine, O.
>'»//;> Bridges A Bldgs. — Jacob Klump, Union-City, Ind.

"tfm&'liii: °hiC- I- °'fl- Jack^ • Brightwood,lnd.

San dusky Di vision .

Superintendent— S. T. Blizard, Sandusky. O.
Eng. Maint. of Way—F. Woodbridge, Sandueky, O.
Mast. Mech.—3. S. Porter, Sandusky, O.
Supervisor — John Griffin, Forest, O.
S»pr°s Bridges \ M. J. Fitzpxtrick. Sandusky, Ohio.
cfe Bldgs. "( E. H. Rhoads, Springfield, O.

White Water Division.

Superintendent — B. S. Sutton, Connersville, Ind.
Eng. M. of )»'.— T. O. Morris, Indianapolis, Ind.
Supervisor— C. B. Keller, Cambridge City, Ind.

St.. Louis Division.

Superintendent— A.. G. Wells. Indianapolis, Ind.
Kng. Maint. of Way— H. M. Waite, Indianapolis, Ind.
Train Master— E. M. Neel. Mattoon, 111.

t D. Lyons, Mattoon, 111.
Supervisors -< R. Brennan, Litchfield, 111.

f C. Regan, Indianapolis. Ind.
Sup'r Bridges <fe Bldgs.— Q, McNab. Mattoon, 111.
Mast. Mech.—Y. M. Lawler, Mattoon, 111.

Chicago Division,.

Sinyerintendent — Geo. W. Bender, Indianapolis, Ind.
Kng. M. of Way— Thos. O Morris, Indianapolis, Ind.
Train Master— T). F. Creemer. Indianapolis, Ind.
f Thos. Strong, Indianapolis, Ind.
James Ferr:ill, Indianapolis, Ind.
M Donahoe) Greensbu
I J. E. Kelly, Kankakee,

M Donahoe) Greensburg, Ind.

elly, Kankakee, 111.
Sitp'r Bdgs. & Bldgs.— J. Doll, Batesville, Ind

!' J- B" *utche11' Indianapolis, Ind.

Sup'r Bdgs. cfe Bldgs.— A. Shane, Kankakee. 111.

Peoria Division.

Gen. Mart. — J. A. Barnard, Indianapolis. Ind.
Superintendent— J. W. Riley, Indianapolis, Ind.
Eng. Maint. of Way—E. T. McConnell.Indianapolis.Ind.
Svp'r, East End — D. Kiley. Arcanum, O.
Sup'r, West End— M. Burke, Urbana, 111.
Mast. Mech.—John McClurg, Urbana, 111.

Supt. Din. Car Serv.—John Egan, Cincinnati. O.
Gen. Trav Agt. — J. K. Andrews, Cincinnati. O.

? rN- M- Markley' A

'J " Geo" W" Markle-v- Crawfordsville, Ind.

PETTIBONE, MULLIKEN & CO., Chicago, 111.

Switch Stands, Head Chairs, Jenne Track Jacks.

43

44

Good.

First came the Spring without
the Twist.

Better.

Then followed the Twist with-
out the Spring.

Best.

Now we have the Twist and
Spring combined.

The cutting edges imbed themselves in the angle bar and in the nut like this :
without injuring the thread. (Patented Nov. 8th, 1881, and Nov. 14th, 1883.)
Every lock is tested before leaving the works. Manufactured from the best
Crucible Spring Steel by the

IjfBSr

AMERICAN NUT LOCK CO,,

211-217 Biddle St., St. Louis, Mo.

Chicago Office, Room 468, The Rookery, Philadelphia Office, Room HO Bullitt Bldg.

JOHN W. CLARKE, AGENT.

RALSTON & HENRY, AGENTS.

SAMPLES FREE ON APPLICATION.

" Great Saving"- Double Nuts, Jam Nuts, and Cotter Pins, on

Locomotives, Cars and Bridges, abolished as useless expense.

PATENTED DECEMBER STH, 1887.
Formerly manufactured in Marshall, Texas, now made by Eureka Nut Lock Co., in conjunction with Iron

City Tool Works, Standard R.R. track Tools, Pittsburgh, Pa.

Lower square of Lock rests on angle of plate and cannot turn. Spring- lip with knife
edge and strong spring pressure, holds the nut from turning back, and takes up all wear.

Strongest spring pressure of any lock ever made ; equally effective on bridges, cars,
machinery and all classes of wood work and iron work.

OFFICIAL TEST BY RIEHLK BROS., PHILADELPHIA, PA.

KIND OF LOCK.

For track

Progs and crossings

Wood work . .

Spring pressure of Washer
against Nut when screwed
up on % holt by man of
ordinary strength with 2-
foot wrench.

Six thousand pounds

Six thousand four hundred
pounds

Five thousand two hundred
pounds *

Spring of Washer
when thus screwed
up and then re-
leafed.

One-eighth of an

inch.
One-eighth of an

inch.
Seven thirty-seconds

of an inch.

The only Lock that is effective anyway it is put on the bolt, as it can not be misapplied.

. i3L3>JO"\7*r:ixr TO TS*^

CLK-OON.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

206- -418

•JiMi Cleveland, Cincinnati, Chicago &

Louis la-y. — Continnt'l.

Cain) l)'n:mon.

S>il»rintendent—3. W. Simmons. Mt. Carmel, 111.
Eng. Maint. <>f \Y,i>/ -F. S. Baleom. Mt. Carmel. 111.

Mfc/tanh--\V. P. Orland. Mt. funnel. 111.
Sup'rJJdgt. d- Jildg.<. — ll. A. Hanson, Mt. Carmel, 111.
e . „ > J. W. Keeuan, Mt. Carmel, 111.

"*•< Jas. McLaughliu. Mt. Carmel, 111.

Mi • •/< I f/an If I v iftion .
Supt.—C. J. Stedwell, Wabash, Ind.
A*sl. Gen. Fgt. Agt.—D. F. Coe, Elkliart. Ind.
Hi'. /'-MX. A'gt.—\\. R. Baldwin. Elkhart. Ind.
Trar. P«.sv. Agt.— C. S. Blackmail. Elkhart, Ind.
(r-fi. Wn Agf.—Y. M. Guthrie. Milwaukee, Wi*.

Agent— W. W. Root, Cincinnati, O.
Ma*itr'Uech.-C. H. Doebl'T. Wabash. Ind.
Train Ma.-~f. — J. A. Conrtright, Wabash. Ind.
Eng. JI. of Way— W. G. Bagley, Wabash, hid.

-'07 Cleveland, L,orain aud AYueeling RK.

Pr^idenJ—E. R. Perkins, Cleveland. O.

Prfxidenf— W. S. Streator. Cleveland, O.
-.— C. L. Cutter. Cleveland. ().

Manager— Oscat Townsend, Cleveland. O.

• Purck. Afft.—F. M. Townsend. Loraiu. O.
Traffic Agt.—J. F. Townsend, Cleveland, O.
Avaitor-rW. H. Park. Cleveland. O.
r/' .itfEnginefr— W. B. Hanlon. Philadelphia. Pa.
Paymaster— G. F. Tennant. Cleveland, O.
(?<?«. Counsel— J. W. Tyler. Cleveland. O.
£•//,/. Ttleg.—F. E. Now. Cleveland, O.
J/j.*/. Mchy.—C. II. Warbnrton. Lorain. O.
J/rt-^. fa?1 Bldr.— George Butts, Lorain. O.
/?</. J/«*V. cC- Supt. Bridges -John Moran. Urichsville, O.
Gtim. Agent— G&>. B. Turner, Wheeling, W. Va.

Cleveland, St. LouU & Kansas City Ry.

213 Columbia and Puget .Sound RR.

President -W . H. Starburk. New York. X. Y.
Viet-Pre*. <& G^n. Mai>.~C. J. Smith. Seattle. Wash.
Treasurer— Ore. Imp. Co.. Seattle. Wash
Cashier— A. S. Gibb-. Seattle. Wash.
Secretary— II. McClellan, Seattle. Wash.
Gen. Siipf. ,(• ('},'(> f Enfi.—'B. F. Bush. Seattle. V\
As*i*tant Sunt.—G. J. McCabe, Seattle, Wash
Auditor— J. T. Campion. Seattle, Wash.

iBMSr^Si^ ' H- '• ^reen.Sea.Ue. Wash.
Master Mechanic— C. F. Hobert. Seattle, Wash.
' Counsel— A. F. Burleigh, Seattle. Wash.
Land d- />/./• r,,//,. s. W. Scott. Seattle. Wash.

214 Co]uinbii«. Hocking Valley and Toledo
Ry.

P)'"-sidfnt cf- P'//r//. Aqent—C. C. Wake. Colnmbm, O.
1*^ Vice-Pres.— Samuel D. Davis. NHW York. N Y
2'7 Ffc»-/^<w.— Chaa. B. Alexander. New York. N. Y.
•SVc. cfc Trea*.— W. N. Cott. Columbus. O.
.-1 .<-.>•/. SVc.— J. T. Bothroyd. Ne%v York. N Y
Gen. Tkt. Ayftit—W. H." Fisher, Columbi:-
Gtn. Fgt. Afft.—W. A. Mills. Columbus. O
Auditor— F. B. Everett. Columbus. O.
Mast. Mech.—$. S. Stiffey. Columbus. O.
Chief Eng.— Y. B. Sheldon. Colombo*, O.
Eng. Maint. of Way- J. P. Ramsey. Columbus O
i Supt. ofB. d; B.— T. R. Scnnlan. Colomboc

iMffMrf— Jno. J. McCook. New York. N. Y.
"tcitor— Charles O. Hunter. Columbus. O.
Paymaster— Fenton Ross. Columbus. O.
X'.ipt. To'. Dif.—.\. E. Robbins. Columbus. O.
Sxp.H.V.Dr.d-Ohio R.I)r.— M.S.Connors, Columbus,O.
Car Serr. Agent— Thos. R. Limer, Columbus. O.
No. Pa#/s. Agent— E. R. Davidson. Detroit. Mich
Trar. Pa**. Am-nt—L. W. Landmau, Gallipolis. O.
C'jm. Agent— C. C. Gridiey, Toledo, O.

213 Columbus, Shawnec and Hocking Ry-

• t T. . ii. a^iiiniiv,. KJI,. j^^uj.-. ..•!<•. President — P. V\ . Huutington. Columbus. O

V.'Pres.—Jf. E. Risley, l->8 Broadway. New York. N. Y. rue-Pres. A Gen. Man.—Y. J. Picard. Columb
rer-~J. W. Craney. St. Louis. Mo. Tr-> /.*'//>?•— H. D. Ttirney. Columbus. O.

:/'y— A. E. Craney. St. Louis. Mo. Sec. cf- Solicitor— W. E. Guerin, Columb: ~

C'litf Eng. (fc S>'pt.—C. Hamilton. St. Louis. Mo. Superintendent— S, O. Pond. Colnmbns. O.

Thomas Gove, Columbus O
Gen. F. d P. A.— W. W. Daniel. Columbus. O.
Auditor d Asst. Treas.—C. A. Covert. Columbus. O.
M'ift. Mech.—A. T. Ball. Columbus. O.
•»//>/. of Telegraph— E. J. M. Danlev. Columbus. O.
Road lfaster—\r. H. Mautz. Redfie'ld. O.
Train Matter— M. T. Sevmour. Columbus. O.

Operated by The American Count ruction Co.
President— J. H. Bethune, St. Louis. Mo.

• >j— H. J. Cantwell, St. Louis. Mo.
209 Cleveland, Wposter and Nuskingum

Valley.

Gen. Agent — John J. Finigan, Wooster. O.

21O Clove Branch Railroad.

Pre*. <fc Treas.— John S. Schultze. Matteawan. N. Y.

.<• Gen. Acct.—Vr. A. Wells. Matteawan, N. Y.
Superintendent — C. L. Kimbail. Matteawan. N. Y.

Pass. <k Fat. Acct. »'w- IL Moor°- Matteawan, N. Y

211 Colorado Eastern RR.

P'---.<ident—E. F. Hallack, Denver. Col.
Vice-Prfs.— B. F. Vaughan. Providence. R. I.
Trea*>irer—C. L. Horton. New York. N Y
Secretary— Geo. C. Wilde. New York. N. Y.
Oen, Manager- C. M. Wicker. Denver. Col
Chief Eng.— R. D. Hobart, Denver Col
' t. McDowell. Denver. Col.

212 Colorado Midland Ry.

Chalrm. of Board— Geo. C. Magoun, New York N Y
President— AHen Manvel. Chicago. 111.
JRce-Pret.—J. W. Reinhart. Boston. Mass.
Sic. d- Auditor— E. W. Sells. Colorado Springs Coi
Treasurer— C. E. Noble, Colorado Springs Col '
A.™t. Sec.— Oscar Bunke, New York N Y
.l.«/. Trea*.—S. S. Sands. New York N Y
Comptroller— J '. P. Whitehead. Boston. Mass

•il Counsel— John J. McCook. New York N Y
General Solicitor— Geo. R. Peck. Topeka, Kan *
Solicitor— Henry T. Rogers. Denver, Col
Gen. Man.—R. Collbran. Colorado Springs, Col.
Superintendent— W. J. Lawrence. Colorado City, Col
Chief Engineer— ~B. H. Bryant, Colorado Springs Col
Gen. Fgt. Agt.—J. K. Waterman. Denver Col
Gen. Pas*. Agent-Ctuatea S. Lee. Denver. Cof.
Mast. Mech.—A. L. Humphrey, Colorado Citv, Col

216 Columbus Southern RR.

President— W. B. Lowe. Atlanta, Ga.

Vice- President — J. W. English. Atlanta, Ga.

•SVr. cf- Treas.—Geo. W. Parrott, Atlanta, Ga.

Manager— W. F. Shellman. Columbus. Ga.

- •'/)(. d- Ro't'l M--t*t*r—H. C. Hill, Columbus Ga
Chief Engineer— W. S. Greene. Columbus. Ga.
Master Machinist— 3. E. Clements. Columbus, Ga.
Auditor— W. C. Walters, Columbus, Ga.

217 Coliisaand Lake RR.

President— W. P. Harrington. Colusa. Cal.
V. -President— E. W.Jones. Colusa. Cal.
Secretary— T. Harrington. Colusa. Cai.
Treasurer— Colasa Co. Bank, Colusa Cal

^A^SFfAf'^f' rE- A- Harrington, Colusa, Cal.
Mast', of Mach'.—E. N. Underwood. Coiusa. Cal.
M'.t*t. of Car Rep.— J. Nickerson. Colusa, Cai.

218 Concord and Montreal RR.

President— Frederick Smyth. Manchester. N II

I B.'A. Kimbail. Concord. N. H.

Execnt'irs Commit feel 3. H. Pearson. Concord, N H
( C. A. Busiel, Laconia. N. II.

Gen. Manager— T. A. Mackinnon. Concord N H

Clerk— V. S. Streeter. Concord. N. H.

Treasurer— John F. Webster. Concord. N. H.

Chief Clerk d~ Payw.— Frank P. Quimbly.Concord.N.H.

Gen. Counsel -| fohn^f'MJ^^^ Concord< N' H'

Superintendent— E. F. Maim. Concord. N. H.

45

46
THE NEW INCBERSOLL-SERCBEANT

AIR COMPRESSOR,

In Design, Material and Workmanship the Best in the Market.

Automatic and Adjustable Regulation for Air and Steam — Cooling by Water Circulation
— Thorough and Automatic Lubrication ; accomplishing the most Economical Production
of Compressed Air by Steam or Water Power.

INGERSOLL-SERGEANT

ROCK

DRILLS.

Four-fifths of the rock on the new Crotor.
Aqueduct was removed by Ingersoll Drills,
where the AVERAGE record of tunnel progress
shown by the Engineers' Tables was 20 per
cent, in advance of others. Twenty-eight of
the thirty -two large tunnels which have
been driven with machine drills in this
country have employed the Ingersoll Drill.

Seventy-live per cent, of the metal produced
from machine-mined ore in the United States
during 1891 was mined by Ingersoll and
Sergeant Drills.

STONE CHANNELING
MACHINES.

COAL ClJTTERS.

DIAMOND
CORE PROSPECTING DRILLS,

And Complete Plants of Mining, Tunneling, and
Quarrying Machimery.

CIIHIY,

10 PARK

ISTew York.

CON-CRY.

POOR'S DIEECTOEY OF EAILWAY OFFICIALS.

218-233

218 Concord and Montreal RR.— (out.

. | W. G. Bean, Concord. N. H.
AM. Supts. -j G E Cl,mmingg, Woodsville, N. H.
Gen. Fqt. Agt.—D. C. Prescott, Concord, N. H.
Gen. Pass. & Ticket Agt.— F. E. Brown. Concord. N. H.
Asst. Gen. Pas*. Agt.—Gco. W. Storer. Boston. Mass.
Trav Fqt d- PO.SW. Agt.— P. J. Baird, Boston, Mass.
Chief Engineer—?. A. Merrill. Concord. N. H.
Supt.Mo.Pow.& RoU'g Slk.- J.T.Gordon, Concord. X.H.
Supply Agent— W. H. Alexander, Concord, N. H.
Gen. Bag. Agt. — J. M. Jones, Concord, N. H.
Car Accountant— I. L. Boss, Concord, N. H.
Fore. Loco. Rep.— P. Crane, Concord. N. H.
Fore. Car Rep.— P. Flanders, Concord. N. H.
Fore. Car Painters— W. Bailey, Concord, N. H.

Connecticut River RR.

President— J. Mulligan, Springfield. Mass.
Clerk & Treas.— Serh Hunt. Springfield, Mass.
Asst. Treas.— Geo. E. Frink. Springfield. Mass.
Sup. & Pur. A. — H. F. Sampson. Springfield. Mase.
Auditor— W. H. Wilson, Springfield, Mass.
Aud. Fgt. Receipts -\\ . G. McCune. Springfield. Mass.
Fgt. Traf. Man.—H. E. Howard, Springfield. Maes.
Gen. Tkt. Agt.—'E. C. Watson, Springfield. Mass.
Gen. Sag. Agt.—W. E. Hill. Springfield. Mass.
Car Accountant— L. T. Hawks. Springfield. Mass.
Master Mech.—Vf. H. Stearns. Springfield. Mass.
Road Master— John R. Patch, Springfield. Mass.
Fore. Car Rep.— Robert Hitchcock, Springfield. Mass.
Fore. Loco. Rep.—C. Henry Ginn. Springfield. Mass.
Fore. Painters— Chas. E. Paige, Springfield. Mase.

220 Connecting Terminal RR.

President— Frank J. Firth, Philadelphia. Pa.
Vice- President— Edwin T. Evans. Buffalo. X. Y.
Secretary— A. D. Hepburn, Philadelphia. Pa.
Treasurer— P. R. Perkins, Philadelphia. Pa.
Manager — John E. Payne, Philadelphia, Pa.
Superintendent— T. M." Moore, Buffalo. N. Y.
Auditor— Y. Hoffman, Philadelphia. Pa.
Asst. Auditor— John A. Miller, Philadelphia. Pa.

221 Cooperstown & Charlotte Valley RR.

Pres., Treas. & P. A.—D. E. Siyer, Cooperstown, X. Y.
Vice- President — John K. Learning, Cooperstown, X. Y.
Sec. & Supt. — Gep. Brooks, Cooperstown. X. Y.
Gen. Man. — Edwin M. Harris, Cooperstown, N. Y.
Gen. Tkt. Agt.—Geo. L. Gould, Cooperstown, N. Y.
Gen. Fgt. Agt.—R. W. Roundy, Cooperstown, N. Y.
Mast. Meek. — Addison Gardner, Cooperstown. X. Y.

292 Corning, Cowanesque and Antrim

Ry._(See Fall Brook Coal Co.)

293 Cornwall Railroad.

President— W. C. Freeman. Cornwall. Pa.

Vice-President— R. P. Alden. Cornwall, Pa.

Secretary— J. P. Jackson. Cornwall, Pa.

Treas. & Purch. Agt. — D. S. Hammond. Lebanon. Pa.

Gen. Manager— E. C. Freeman, Cornwall. Pa.

Gen. Counsel— H.. C. Shirk. Lebanon, Pa.

Mast. Mech.—S. W. Huston, Lebanon, Pa.

824 Cornwall and Lebanon RR.

President — Robert H. Coleman. Lebanon, Pa.
Secretary— G. D. Rise, Lebanon. Pa.
Treasurer — Allen D. Hoffer. Lebanon, Pa.
Gen. Superintendent— Xed Irish, Lebanon. Pa.
Gen. Fgt. Agt.— A. D. Smith, Lebanon, Pa.
Chief Engineer— T. R. Crowell, Lebanon, Pa.
Mast. Mech.—A. 3. Reed, Lebanon, Pa.
Road Master — John McDonell, Lebanon. Pa.
Car Acct.—J. W. Haynes, Harrieburg, Pa.
Gen. Counsel — Grant Weidtnan. Lebanon. Pa.

225 Cornwallis Valley RR.

Manager — G. A. Parker. Canning Station, X. S.

22ft Co uder sport and Port Alleghany RR.

President— James L. Knox. Coudersport, Pa.
nee- President— C. S. Cary, Clean. X. Y.
Secretary — A. B. Mann. Coudersport. Pa.
Treasujtr—W. K. Jones, Coudersport. Pa.
Gen. Sufif., Aud.. Road}

Ma*tei\ Gen. Traf. \

Man.. Gen. T. & F. }-B.A. McClure,Coudersport.Pa.

Agt., Mast. Trans. & \

Purch. Agt. J

227 Covington, Flemingsburg and Ashland
RR.

President— V?. W. Franklin. Columbus, O.

Vice-Pres. & Treas.— W. Andrews, Flemingsburg, Ky.

Sec., Gen. Man., Supt., j

Chief Eng., G. T. J-N.S. Dudley, Flemingeburg. Ky.

& Fgt. Agt. \

228 Crawford and Manistee River Ry.

' President— A.. E. Carticr, Ludington. Mich.

Vice-President— Jas. Dempsey. Manistee, Mich.
j Secretary— W. Wente, Manistee. Mich.
I Treasurer — L. T. Dempsey, Manistee, Mich.
j Gen. Man. .Gen. Supt.,)

Gen. Traf. Man. c£ }- Nicholas Dowen.Fletcher.Mich.

Parch. Agt. )

229 Crescent Springs RR.

President— A. Lamb. Clinton, la.
• Vice-President— D. R. Moore, Eau Claire, Wi«.
Gen. Man., Sec. & Purch Agt.— David Joyce. Lyons, la.
Gtn. Supt.— James Devereux, Shell Lake, Wis.

230 Cresson and Clearfield County and
New York Short Route RR.

President— A. S. Morrow, Hollidaysburg, Pa.

Vice- President— Geo. T. Bliss, New York. X. Y.

Sec. & Treas.— R. A. Gardner, Cresson, Pa.

Gen. Man. & Purch. Agt.—W. P. Rathbun. Cresson, Pa.

Train Ma$t.— F. J. Burgoon, Cresson, Pa.

Engineer — J. L. Gwinn, Cresson, Pa.

Road Master— W. T. Hays. Cresson. Pa.

231 Crooked Creek Railroad.

Pres. & G. M.— Walter C. Willson, Lehigh. la.
Vice- President— John D. Burnham, Milwaukee, Wis.
Sec. cfc Treas.— Jacob M. Funk. Webster City. la.
Gen. Superintendent— Chas. T. Burnham, Lehigh, la.
Gen. Pass. & Tkt. Agt.—Y. E. Willson, Webster City, la.
Aud. & Gen. Fgt. Agt.—C. L. Mover, Lehigh, la.

232 Crown Point Iron Company's RR.

President— Le G. B. Cannon. Xew York, X. Y.
Treat, ct- Sfc.— H. M. Olmsted. Xew York, N. Y.
Gen. Man.— A. L. Inman. Pittsburgh. X. Y.
As. G. M. & P. A.— H. L. Reed, Crown Point, X. Y.
A itditor— Talbot Olyphant. Xew York. X. Y.
: Gen. Fgt. Agt.— J. H. Lancto, Crown Point. X.Y.

Road Master— Richard Riley, Crown Point, N. Y
233 Crystal Railway.

President-^. A. Hitchcock, St. Louis. Mo.
Vice-Pr(sidtrit-3. M. Leete. St. Louis. Mo.
Treasurer— C. W. Barnes. St. Louis. Mo.
Gen.Coun.,Atty.<k Sec.— Edmund T.Allen,St. Louis,Mo.

Gen. Fgt. <k Tkt. Agt.,'}

Vas^ Trans ' Louis P hilliPi,Crystal City.Mo.
*Gen. Bag. Ant. ]
Piirch. Agt.—J. E. Jones, St. Louis, Mo.

The Securities of Municipalities are growing in popularity as investments. Intend-
ing or actual investors who desire to learn the financial condition of any city, town,
county, or State, should subscribe for Poor's Hand-Book of Investment Securities :
price, $4. Published at 70 Wall St., New York.

47

48

STANDARD H

DOWLING

TYPE.

THREE PARTS,

KNUCKLE,

AND

THE STANDARD CAR
COUPLING COMPANY,

-

TROY, N. Y.

E. C. CLARK, Pi-esident.

A. P. DENNIS, Sec. and Treas.

E. G. BUCHANAN, Manager.

New York Office, 45 Broadway. Chicago Office, 1 0 1 8 The Rookery.

U. S. STANDARD OF PRESSURE. ~"

Shaw's Mercurial Pressure Gauges

FOR MEASURING STEAM, HYDRAULIC,
VACUUM OR BLAST PRESSURE.

TANK REGULATORS.
TANK INDICATORS,
GAS GAUGES,
PROCESS GAUGES.
ELECTRIC GAUGES,
WATER GAUGES,
SPRING GAUGES,
LOW WATER SIGNALS.

STEAM GAUGES.
VACUUM GAUGES.
HYDRAULIC GAUGES.
EXHAUST CONDENSERS.
FRICTION STOPS.
STEAM MUFFLERS.
SPECIAL ENGINEER.

APPLIANCES, ETC., ETC.

These Gauges measure by weight alone and are
based solely on the height of a definite column of
mercury, in an open glass tube, without springs or
other mechanical appliances to complete the meas-
urement. They have been adopted as Standards in
the U. S. Courts. U. S. Navy and TJ. S. Supervising
Inspectors, and on the principal railroads through-
out the country.

Superior TE$T GAUGES and TEST PUMPS

for Standards of Pressure supplied

at short notice.

APPLY TO

THOMAS SHAW, M.E., 915 Ridge Ave., PHILADELPHIA, PA.

CUM-DEL.

POOR S DIRECTORY OF RAILWAY OFFICIALS.

234 Cumberland and Pennsylvania RR.

President — Charles F. Mayer, Baltimore, Md.

Sec. cfc Treas.— T. K. Stuart, Baltimore. Md.

Gen. Supt. d- Pur. Agt.— P. L. Burwell, Cumberland, Md.

Supt.— Lewis M. Hamilton, Cumberland, Md.

Mast. Mach.— Henry T. Briick, Mt. Savage, Md.

Transfer Agt.— Union Trust Co., New York, N. Y.

335 Cumberland Railway and Coal Co.

President— .John McDougall, Montreal, Que.
Vice- President— Robert Cowans, Montreal. One.
Sec. <t Treas.— R. R. Drummond, Montreal, Que.
General Manager-3. R. Cowans. Spring Hill, N. S.
Superintendent— J. G. Aikman. Parrsboro', N. S.
Chief Engineer— W. F. C. Parsons, Spring Hill, X. S.
Man. at Mints— A. Mclnnis, Spring Hill. N. S.
Mech. Supt.— George Hall. Spring Hill, N. S.
Cashier— R. H. Cooper, Spring Hill. N. S.
Purch. Agt.—E. Laflamme, Spring Hill, N. S.

236 Cumberland Valley Railroad.

President— Thos. B. Kennedy, Chambersburg, Pa.
Vice- President— John Stewart, Chambersburg, Pa.
Treas. eft Sec.— W. M. Biddle, Chambersburg, Pa.
Supt. & Pur. Agt.—J. F. Boyd, Chambersburg, Pa.
Gen. Pass. & Bag. Agt.— H. A. Riddle, Chambers!)'?, P».
Gen. Fgt. Agt.— A. L. Langdon, Harrisburg, Pa.
Chief Engineer— C. Ives, Chambersburg, Pa.
Auditor— W. L. Ritchey, Chambersburg, Pa.
Mast. Car Rep. — Caspar Wicke, Chambersburg, Pa.
Mast. Car Painter J. W. Houser, Chambersburg, Pa.
Gen. Foreman— John L. Lawrence, Chambersburg, Pa.

237 Current River RR — (See Kansas City, Fort
Scott and Memphis RR.)

238 Daguscahonda RR.

Superintendent— D. Robertson, Ridgway, Pa.

239 Dansvllle and Mount Morris RR.

President— E. P. C. Lewis, Hoboken, N. J.
Vice-Pres. & Treas.— August Stein, New York, N. T.
Sec. & Counsel— A. S. Murray, Jr., New York, N. Y.
Superintendent- -B. P. Humphrey, Attica, N. Y.
Agent— A. D. Ward, Dansville, N. Y.

240 Danville and La Grange RR.

President — Nathaniel Baxter, Nashville, Tenn.
Vice-Pres. & Gen. Man. —A. M. Shook, Nashville, Tenn.
Sec. & Treas.— W. E. McNeilly, Nashville, Tenn.
Asst. Gen. Manager— Percy Warner. Nashville. Tenn.
Superintendent— D. P. Wrenne, Stribling, Tenn.

241 Danville and Western RR.

President— A. B. Andrews, Raleigh, N. C.
Tr.,Gen. Surf., Gen. Fgt., Tkt., & ) n v „ . _.

Pur. Agt., Mast. Trans., Gen G- K- G*188S' Dan-

Man., & Gen. Traffic Man.
Sec.— W. H. Marbury, Alexandria, Va.

, V,.

Road Master— M. Oaks. Danville, Va.

Supt. Bridges— C. F. Fields, Danville, Va.

G. Attys.— Berryman Green & H. R. Miller, Danville.Va.

342 Dardanelle and Russellville Ry.

President— George L. Kimball, Dardanelle, Ark
V.-P. & Man.—D. L. Bourland. Little Rock, Ark.

Sec. & Auditor— L. C. Hall. Dardanelle, Ark.
Treasurer— W. B. Lemoyne, Darrianelle, Ark.

243 Dayton and Union RR.

President— H.. F. Shoemaker, Cleveland, O.
V.-Pres. cfe Gen. Man. — Jos. Ramsey. Jr., Cincinnati O
Secretary— G. S. Russell, Cleveland, O.
Treasurer— Y. H. Short, Cincinnati, O.
Auditor— P. A. Hewitt, Cincinnati, O.

244 Deadwood Central RR.

President— Joseph Swift, Wilmington, Del.
Vice-Pres.- William H. Swift, Wilmington, Del.
Treas, & Sec.— A.W. Coe, Deadwood, So. Dak.

& ) n v „ .
. }-G- K,- G*18
\ vllle- Va-

244 Deadwood Central RR.— Continued.

G. Sup. &Ch. Eno.— A. D. Wilson. Deadwood, So. Dak.
Purch. Agt.— G. W. Pennypacker. Philadelphia, Pa.
Fore. Loco. Sep.—*!. A. Higgins, Deadwood, S. Dak.
Road Master— M. Brady, Deadwood. So. Dak.
Gen. Counsel— John R. Wilson, Deadwood, So. Dak.

243 Decatur, Chesapeake and New Orleans

Receiver— W. L. Frierson, Shelbyville, Tenn
President— William Nelson Cromwell, New York, N. Y.
Vice-Pres.— W. W. Ladd, Fayetteville, Tenn.
Treasurer— Henry Belden, Fayetteville, Tenn.
Secretary— H. B. Berry, Fayetteville, Tenn.
Chief Engineer— W. H. Calhoun, Shelbyville, Tenn.

Delaware &: Hudson Canal Company.

President— R. M. Olyphant, New York, N. Y.
1st Vice-Pres.— LQ Grand B. Cannon. New York, N.Y
2d Vice-President— PL. G. Young, Albany, N. Y.
Treas. <fe Comptroller— Ch&s. A. Walker, New York,N.Y.
Secretary— F. Mur'y Olyphant. New York, N. Y.
Gen. Sales Agt.— Thomas F. Torrey. New York, N.Y.
Gen. Pass. <£ Tkt. Agent— J. W. Burdick, Albany, N. Y.
Gen. Fgt. Agt.— James Calhoun, Albany, N. Y.
Asst. Gen. Fgt. Agt.— Paul Wadsworth, Albany, N. Y.
Supt. Cool Dept.—A. H. Vandling. Scranton, Pa.
Chief Engineer-A. J. Swift. A?bany, N. Y.

M. Zneineerti £ &&&££&& *'
Supt. of Mach.— R. C. Blackall, Albany, N. Y.
Gen. Bag. Agt.—C. S. Pease, Albany. N. Y.
G. A. R. E. D.—C. S. Weston, Scrantou, Pa.
Canal Supt.—L. O. Rose, Honesdale, Pa.
Insp. of Signals— A. D. Simpson, Albany, N. Y.

yorthtm RR. Department.
Superintend1 t—C. D. Hammond, Albany, N. Y.
Asst Supts * P- H- ^Tonners' Albany, N. Y.

Purch. Agent— J. W. Sprong, Albanv N Y
Supt. of Teleg.—3. W. Burdick, Albany, N. Y.
Chief Clerk-L. H. Stewart, Albany, N. Y.
Car Acct.—G. A. Keller, Albany, N. Y.

Foremen Car Repairs— J. R. Skinner. Oneonta, N.
Y. ; C. Korner, Gnen Island, N. Y'. : James O^trom
Al bany, N. Y.

Mast. Car Painter— J. B. Lanehart, Green Island N Y
R. M. Sar. Div.—M. Dorsey, Albany, N. Y.
R. M. Ch. Div.—X. B. Kellogg, Port Henry, N. Y.
R. M. S. D.— P. Burke, Albany, N. Y.
I R. M. City D.—B.. Patterson, "Albany, N. Y.

Division Master Mechanics— J '. L. Cory, Green Island,
X. Y.; H. C. Smith, Oneonta, N. Y. ; F. Kegler, Salem,

Pennsylvania Division.

Superintendent— G. R. Manville, Carbondale, Pa.
Mast. Mech.—C. E. Rettew, Carboudale, Pa.
Grav. Rd. Do.— Pierce Butler, Carbondale Pa
Train & Rd. \ W. McMullen. Carbondale. Pa.
Ms. Grav. Rd. 'i William Muir, Honesdale, Pa.
Road Master— R. W. Kellow, Scranton, Pa.
Supt. of Teleg.—C. Petersen, Honesdale, Pa.
Mast, of Bridge— George Burrell, Carbondale, Pa.
Train Master— S. A. McMullen, Carbondale, Pa.
Mast. Car Bdr.—T. Orchard. Carbondale. Pa.
Mast. Car Painter— Edwin Blocksidge, Carbondale, Pa.
Gen. Car In#p.—J. H. Orchard, Carbondale, Pa.
Fmn. Loco. Repairs— W. R. Johnson, Carbondale, Pa.

247 Delaware, Lackawauna and Western
RR.

President— Samuel Sloan, New York, N Y
Vice- President— Percy R. Pyne, New York. N. Y.
2d Vice-Pres.— Edwin R. Holden, New York, N Y
3d Vice-Pres.— William S. Sloan, New York, N. Y.
Treasurer— Frederick H. Gibbens, New York N Y
Sec. & Auditor— F. F. Chambers, New York, N. Y
Assistant Auditor— William C. Swift, New York N Y
Aud. Ft.& T. Accts.— Bertram Young. New York, N. Y
Asst. Treas.— A. D. Chambers, New York, N. Y
Gen. Manager— W. F. Hallstead, Scranton, Pa.
Traffic Man.—B.A. Hegeman, New York. N. Y
Gen. Pass. Agt.—W. F. Holwill. New York N Y
Asst. Gen. Fgt.Agt.—Kenry F. Hicks, New York, N.Y.

50

DlXON'SfiRAPHITE PAINT

FOR TIN OR SHINGLE ROOFS AND IRON WORK. Tin roofs well painted have not re-
IT IS ABSOLUTELY WITHOUT AN EQUAL. quired repainting for 10 to 15 years.

If you need any paint it will pay you to send for circular.

JOSEPH DIXON CRUCIBLE CO., Jersey City, N. J.

THE BOYNTON BICYCLE RAILROAD COMPANY

Mutual Life Insurance Building (Room 615), 32 Nassau Street, New York, £, M, BOYNTON.

President

H r r i r r i I. r r r i, r r i [ rr i i. r r i j. r r i i. r n i

Engine No. 1, two-story car, weighing five tons, and carrying 108 passengers, on one rail of a
standard gauge track.

Two Cylinders, 13x14 inches, 550 revolutions per minute ; Driving Wheel 8 ft. diam. ; traction,
300 tons.

One-thirtieth the weight per passenger required by ordinary palace and sleeping cars.

These cars, 4ft. wide, 14 ft. high, 42 ft. long, allow 11 inches between trains. When running on
standard gauge railroads it makes them into double roads, without change or interference, by using
guide rails 15 ft. above track. It doubles the capacity of every railroad to carry freight and passen-
gers. Its deep, light.narrow trains permit double speed.

FLUORIDE.

Removes and Prevents Scale in Boilers.
Produces Soft Water.

FOR SAMPLES AND CIRCULARS ADDRESS

AMERICAN FLUORIDE COMPANY, 126 Liberty Street, New York,

Western Office: 73 and 75 West Jackson Street, Chicago, 111.

The Original Huntington Emery Wheel Dresser.

CHICAGO SCREW COMPANY, 94 AND 96 W. WASHINGTON ST., CHICAGO,

LORD'S BOILER COMPOUND

For cleansing" and protecting the interior of the steam boiler. This is the only article unani-
mously endorsed by our leading authorities throughout the United States and foreign countries,
and it is the only article favorably mentioned in our standard works on Steam Engineering.

If you appreciate safety and economy in the use of steam, send for full particulars to the
Inventor and sole Manufacturer —

GEO. W. LORD, 316 Union Street, Phila., Perm.

DEL-DBS.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

347-254

247 Delaware, Lackawanua and Western

R.K.— Continued.

Master Mack.— David Brown, Scranton, Pa.
Must. CarBdr.—R. McKenna, Scranton. Pa.
Chief Engineer— James Arohbald, Scranton, Pa.
Gen. Bag. Agt.—G. E. Zippel, Hoboken, N. J.
Gen. Pur. Agt.—\V. D. Hager, New York. N. Y.
Gen. East. Fgt. Agt.— R. S. Robertson, New York, N. Y.
Western Fat. Jfgr.—A. Fell, Buffalo. N. Y.
Gen. East. Pass. Agt.—V. Muller, Jr., New York. N. Y.
Gen. West. Pass. Agt.—H. J. Ball, Buffalo, N. Y.

S fpf.— Garrett Bogart, Scranton, Pa.
Master Car Reps.— 3. W. Baker, Dover, N. J.
Supt. Bridges & Bldgs.—S. Griffith, Hoboken, N. J.
Supt. of Teteg.—L. B. Foley, New York, N. Y.
Car Accountant— R. T. Rennie, New York. N. Y.

Utica Division.— Chenango Forks to Utica. 84 miles,

with branch 22 miles.

Asst. Supt.— A. C. Salisbury. Utica, N. Y.
Master Mech.-T. Thatcher, Utica, N. Y.

Morris and Essex Division.
Superintend' t— A. Reasoner. Hoboken, N. J.
Asst. Supt.—F. J. Griffith. Hoboken, N. J.
Master Mech.—W. H. Lewis. Kingsland, N. J.
Master Car Ret)s.—J. W. Baker. Dover, N. J.
Engineer —William Unruh, Hoboken, N. J.

Oawego and Syracuse Division.
Asst. Supt.—A. H. Schwarz, Oswego, N. Y.
Master Mech.— Lewis Kistler, Syracuse, N. Y'.

Syracuse, Binghamton and New York Di>i* ion.
Asst. Supt.—A, H. Schwarz, Syracuse, N. Y.
Master Mech— Lewis Kistler, Syracuse, N. Y.

Cayitga Division.
Agent— W. B. Pierce, Ithaca, N. Y.

Buffalo Division.

Asst. Supt.—F. A. Seibert. Buffalo, N. Y.
Engineer— C. C. Rose, Scranton, Pa.
Master Mech.—F. B. Griffith, Buffalo, N. Y.

248 Delaware River RR.

Pres.) G. M. & Treas.—Wm. S. Conner, Woodbury,N. J.
Secretary —Samuel T. Miller, Paulsboro1, N. J.
Gen. Sup. & Pur. Ag.—F,. H. Green, Pedricktown. N. J.
Traf., Tkt.,& Trav.Aud.,& Gen. I G. W. Reed, Wood-
Fgt. & T. Agt. & Car Acct. f bury, N. J.

Jno- G51bert' Penn8 Grove-Pa-

249 Delaware River and Lancaster RR.

President— F. P. Avery, Wilkesbarre, Pa.
Vice-Pres.— Austin Gallagher,40Wall st.,NewYork.N.Y.
Secretary— Robert Crane, Lizette P. O.. Pa.
Treas.— George A. Searle. 40 Wall St., New York. N. Y.
Gen. Manager — George Potts, Pughtown, Pa.
Traffic Agent— John O. Keim, Pughtown, Pa.
Superintendent — H. S. Beiteman, Pughtown, Pa.
Chief Engineer.— Isaac W. Guldin, Reading, Pa.

250 Delaware* Susuueliaiina and Schiiyl-
killRR.

President— Eckley B. Coxe, Drifton. Pa.
Treasurer— 3. Brinton White, Drifton, Pa.
Secretary— Arthur McClellan, Drifton, Pa.
Gen. Manager— F,. B. Ely, New York, N. Y.
Chief Engineer- E. Kudlich, Drifton, Pa.
Supt. Motive Power— Daniel Coxe, Drifton, Pa.

a 51 De iii son and Washita Valley RR.

President— W. B. Munson, Denison, Tex.
Vtce-Pres. & Treas.— William Bond. New York. N. Y.
Secretary— C. W. Wetmore, New York. N. Y.
Gen. Supt. — Edward Perry, Denison, Tex.

251 Deiiifton and Washita Valley RR.— Cont.
Asst. Gen. Supt.—F. D. Unties, Colgate. I. T.
Auditor— J. Clifton, Denison, Tex.

Denison Rapid Transit RR.

Pres.,Sitpt. d- Parch. Agt.—'R. J. Derby, Denison. Tex.
Vtce-President—B. C. Murray, Denison. Tex.
Treasurer— Samuel Steer, Denison. Tex.
Chief Engineer— C . W. Clark. Denison, Tex.
Secretary— C. F. Pease, Denison, Tex.

253 Denver and Rio Grande RR.

Chairman— Geo. Coppell. New York. N. Y.

Pres. & Gen. Man.— Edward T. Jeffery. Denver. Col.

Comptroller— Stephen Little, New York. N. Y.

Tr. & Asst. Sec.— J. W. Gilluly. Denver, Col.

Sec., Asst. Tr.& Trf.Agt.—\\'m. Wagner. New York, N. Y.

Gen. Counsel— E. O. Wolcott, Denver, Col.

Counsel -Charles C. Desman, New York, N. Y.

Traffic Manager— A S. Hughes. Denver, Col.

Chief Engineer— M. H. Rogers. Denver, Col.

Auditor— E. R. Murphy, Denver. Col.

G. P. & T. Agt.—S. K. Hooper, Denver. Col.

Asst. Gen. P.& Tkt.Arjt.—Y. A. Wadleigh, Denver, Col.

Man . of Express— G. W. Kramer, Denver. Col.

Gen. Superintendent—^. W. Sample. Denver, Col.

Chief Surgeon— J. W. O'Connor. Denver, Col.

Purch'g Agent— C. M. Hobbs. Denver, Col.

Asst. Gen. Fgt. Agt.— A .T. Wells, Jr., Denver, Col.

Car Accountant— Elbridge M. Horton, Denver, Col.

Chief Storekpr.—J. P. Pringle. Burnham, Col.

Fgt. Cl. Agl.—C. Tucker, Denver. Col.

Claim Agent— Cyrus S. Mitchell, Denver. Col:

Stationer— C. F. Hoeckel, Denver. Col.

Superintendents.

Sup. 1ft Di.v.—J. J. Burns, Pueblo, Col.
Sup. 2d&3d Divs.—R. M. Ridgway. Salida. Col.
Asst. Sup. 2d <{• M Dir.*.— A. C. Rideway. Salida, Col.
Sup. 4th Div.—G. Lydon. Alamosa, Col.

I'rain Masters and Chief Dispatchers.
Train Mast. 1st Div.-J. M. Walker. Pueblo. Col.
Chief Disp'r 1st Div.—F. R. Rockwell. Pueblo. Col.
Train Mast. 2d & M Dirt.—G. H. Barnes. Salida, Col.
Chief Disp'rZd & 3d Dir.— William Reck. Salida, Col.
Chief Disp'r 4th Div.-A. Meloney, Alamosa, Col.

Master Mechanics.

1st Dist.. 1st Dir.— Q. Lamplugh. Burnham. Col.
2d &3dDi*t., 1st Dir.-John Kelker, Pueblo, Col.
•Zd & 3d Div.-A. W. Jones, Salida. Col.
-I/A n,v J G- H- Shine, Alamosa, Col.

w- j Alex. Struthers. Grand Junction. Col.

Engineers.

I 1^ <fe 4th Divs.—W. A. Balcom, Pueblo. Col.
2d & 3d Divg.—J. W. Deen, Salida, Col.

Gen. Eastern Agt.— T. W. Becker, New York, N. Y.

( J. W. Slosson; Chicago, III.
Gen. AgtsAVf. J. Shotwell. Salt Lake City, Utah.

( W. M. Rank. San Francisco. Cal.

' H-
. -

, Kansas City, Mo.

TV,™- r>ns* Ant* - • , ,

Trai. POM. Aft*. -, w F Tibbittg> Denver, Col.

nrm ^/, ( H. F. Krueger, Denver, Col.
om. Agt*. i williamgon DunIK Los Angeles, Cai.

254 Des Motnes and Kansas City RR.

President— M. V. B. Edgerly, Springfield. Mass.

TT- n» ^ r rr» J Jno- c- Newton. Holyoke, Mass.
V.-Pre*. d- G. Man. -) and Deg Moines> Ia /

Treasurer— Frederick Harris. Springfield, Mass.
Secretary — B. F. Kauffman, Des Moines, la.

Road Master— Jno. O. Thomas, Osceola. la.
Mast. Mechanic — H. Berger, Osceola, la.

Industrial Securities are now attracting widespread attention throughout this
country. Full information in reference to all the leading industrial corporations whose
securities are of public interest will be found in Poor's Hand-Book of Investment
Securities ; price, $4 per copy. Special investigations and reports made by Poor's
Bureau of Information and Investigation, 70 Wall St., New York.

51

52

In use on

200

PRINCIPAL

RAILROADS
of U. S* A.

Used in
ENGLAND,
MEXICO,

AUSTRALIA,
CUBA,

CHILI,

and on other
FOREIGN ROADS.

LARGEST WORKS

in the World.
50 STYLES.

Also Manufacture the

SCARRITT-

FORNEY
CAR SEAT.
OUR CAR CHAIRS

Adopted by

PULLMAN'S

PALACE CAR CO.

WAGNER
PALACE CAR CO.

Car Furniture Generally. Folding Beds and Lounges for Supts/ and
Private Cars, Caboose Cushions, Depot Settees, etc.

Photographic Description* and Prices Furnished.

SCARRITT FURNITURE CO., ST. LOUIS, MO., U. S. A.

St. Louis Office, 412-414 N. Fourth. New York Office, 47 Cedar St*

"The world's greatest typewriter," now contains all the contemplated improve-
ments, and should be examined before purchasing any other. Highest standard.
Invented, owned and controlled by men having had fifteen years' experience
on type-bar machines. It is built with a special view of simplicity, strength,
durability, high speed, easy action, permanent alignment and is most con-
venient. Two interchangeable carriages for manifolding and letter-writing.
Steel throughout. Standard key-board, with shift-key for capitals.

A board of experts, appointed by the government to examine and receive bids on the best machines,
unanimously reported that tne DENSMORE contained more points of excellence than any other and was the
best machine of all.

We will appoint a reliable dealer in unoccupied territory as soon as possible, and in the meantime we will
ship machines on approval to parties having a commercial rating.

DENSMORE TYPEWRITER CO., 2O2 Broadway, New York

DES-DUL.

POOR S DIRECTORY OF RAILWAY OFFICIALS.

'255-267

'2.55 DCS Moines, Northern and Western Ry,

President— F. M. Hubbell, Des Moines la.

\#t V.-P., Supt. <fe P.Agt.—F. C. Hubbell, DesMoines. la

td Vice-Pres.—E. P. Pratt, Des Moines, la.

Secretary— R. L. Chase, Des Moines. la.

Treasurer — H. D. Thompson, Des Moines, la.

Gen. Man.—L. M. Martin, Des Moines, la.

CarAc-ct. d- Auditor— J. M. Miller, Des Moines, la.

Mast. Trans.— C. A. Ross, Des Moines, la.

Gen. Tkt. Agt.—S. A. Stevenson, Des Moines, la.

Matt. Mch.— S. J. Pratt, Des Moines, la.

Road Mast.— M. McGrath. Des Moines, la.

0V- Eng.—C. W. McMeeken. Des Moines. la.

Gen. Counsel — A. B. Cummins, Des Moines, la.

Fin. Agt.— A. R. Denman, Des Moines, la.

Trar. Fgt. Agt.— A.. W. Austin, Des Moines, la.

Cont. Fgt. Aqt.—J. F. Jennings, Des Moines. la.

Com. Agt.-R. C. Martin, Des Moinee, la.

'256 Des Moines Union Ry.

President— F. C. Hubbell, Des Moines. la.
1st Vice-Pres.—A. B. Cummins, Des Moines. la.
Secretary -P. M. Hubbell, Des Moines, la.
Treasurer — H. D. Thompson, Des Moines, la.
Superintendent— H. Seely, Des Moinee, la.

•257 Detroit, Bay City and Alpena RR.

President— R. A. Alger. Detroit, Mich.
V.-Pres. & TV.— M. S. Smith, Detroit, Mich.
Secretary— T. H. Newberry, Detroit, Mich.

A%An/JtLT%£k- \*' C' *cCaul, Detroit, Mich.
Gen. Supt.—'M.ilo Eastman. E. Tawag, Mich.
Gen. Pass. Agent— T. P. Handy. E. Tawas, Mich.
Chief Eng.— Willis P. Taft. E. Tawa?. Mich.
Mast. Mech.—H. T. Thomas, TawasCity. Mich.
Road Master— James Bolen, E. Tawae,"Mich.

'258 Detroit, Grand Haven and Milwau-
kee Ry.

(See Grand Trunk Ry.)

'259 Detroit, Lansing and Northern RR.

President— Nathaniel Thayer, Boston, Mass.
Sec. <£ Treas.— Charles Merriam, Boston. Mass.
Asst. Treas.— J. E. Howard, Grand Rapids, Mich.
Gen. Manager— Chas. M. Heald, Grand Rapids. Mich.
Gen. Supt.—J. K. V. Agnew, Grand Rapids, Mich.
Asst. Supt.—¥. M. Drake. Ionia, Mich.
Gen. Auditor— C. W. Courtright. Boston, Mass.
Auditor— U. B. Rogers, Grand Rapids, Mich.
Trav. Aud.—S. L. Kinnan, Grand Rapids, Mich.

a*n AH,, * rvnim Ant * Wm- Alden Smith. Grand
MM. Atfy. A Claim Agt. -( ^p^g Micn

Solicitor— Charles B. Lathrop, Detroit. Mich.
Fgt. Accountant— G. J. Daily, Grand Rapids, Mich.
Ticket Acc't^J. S. Willebrands. Gd.Rap., Mich.
Car Accountant— C. E. Fink, Grand Rapids, Mich.
Gen. Pass. Agt.— George De Haven. Gd. Rapids. Mich.
Gen. Fgt. Agt.—F. V. Davis, Grand Rapids, Mich.
Asst. Gen. Fgt. Agt.—X.. W. Rose, Grand Rapids, Mich.
Chief Eng.—John J. McVean, Grand Rapids, Mich.
Asst Eng.—Job Tuthill, Grand Rapids, Mich.
Parch. Agent— Russell Wallace, Grand Rapids, Mich.
Storekeeper— W. J. Callow, Ionia, Mich.
Supt.M.P.&R.S.—Vf. S. Morris, Gd. Rapids, Mich.
Mast. Mech.—Geo. A. O'Keefe, Ionia, Mich.
Gen. Bag. Agt.— IS.. T. La Bar, Grand Rapids, Mich.

John D°yle' <

Fore. Car Pointer— Samuel Cooper, Ionia, Mich.
Fore. Loco. Rep.— William Christie, Ionia, Mich.
Fore. Car Sep.— Frank L. Fox. Ionia, Mich.
Trav. Pats. Agt.— W.E.Wolfenden, Grand Rapide, Mich.

'26O Detroit Union RR. Depot and Sta-
tion Co.

Pres. A Treas.— James F. Joy. Detroit, Mich.
Vice- President— James McMillan, Detroit, Mich.
Secretary— Jae. G. Miller, Detroit, Mich.

'261 Diamond Valley RK.

President^, Gen. Man.—D. Gring, Newport, Pa.
Vice- President— H. II. Bechtel. Newport, Pa.
Secretary— Geo. C. Bent, Harrisburg, Pa.
Treasurer— J. H. Invin, Newport, Pa.
Gen. Supt.—S. H. Gring, Barre, Pa.
Chief Eng.— A. P. W. Johnston. Harrisburg, Pa.
Amiitor— Wm. R. Denehey, Harrisburg, Pa.
Purch. Agent— W. F. Schwartz, Barre, Pa.
Road Master— Samuel Srair. Barre, Pa.
Mast. Mach.—J. B. Wells, Harrisburg. Pa.
Mast. Car Rep.— O. Gibson, Huntingdon, Pa.
Supt. Transp.—H. W. Cline. Harrisburg, Pa.
TransferAgt.— Geo. B. White, Barre, Pa.

Dodge City, Montezuma and Trini-
dad Ry.

President— F. C. Hnbbell, Des Moines, la.

Vice- President— A. B. Cummins, Des Moines. la.

Treasurer— B.. D. Thompson, Des Moines, la.

Secretary— F. M. Hnbbell, Des Moines, la.

Gen. And.— Charles Seely. Des Moines, la.

Gen. Counsel & Atty.—A. B. Cummins, Des Moines, la.

Gen. Supt.— Horace Seely, Des Moines, la.

Most. Cor Rep. & Most. Mch.— E.P.Sheerer.Des Moines. la.

263 Dover and Statesboro' RR.

President— George P. Curry, Augusta, Ga.

Treasurer — John T. Newberry, Augusta, Ga.

Secretary— Y. T. Lockhart, Dover, Ga.

Gen. Supt.—Ja*. E. Hogan. Clito. Ga.

Auditor— L. C. Hayne, Augusta, Ga.

Chiff Engineer — Gordon Gairdner, Augusta, Ga.

'264 Drum mond County RR.

President— Charles Church. Durham, Ont.
Vice- Pres.— Thomas E. Fee, St. Hyacinthe, Que.
Secretary— Samuel Newton, Drummondville, P. Q.
Gen. Manager — Wm. Mitchell. Drummondville, P. Q.
Gen. Supt.—Wlttfana Houston, Drummondville, P. Q.
Gen. T. & F. Agt.— A.. Ouellette, Drummondville, P. Q.

'265 Duluth and Iron Range RR.

Chairman— U. H. Porter, Chicago, 111.

President— ^M. J. Carpenter. Duluth, Minn.

Vice-Pres., Sec. & Treas.— C. W. Hillard. Chicago, 111.

Trtas. & Asst. Sec.— A. J. Paterson. New York, N. Y.

Gen. Supt. — J. L. Greatsinger, Two Harbors. Minn.

Aud.,Gen. Tkt. & Fgt. Agt.— A.. H. Viele, Duluth, Minn.

Cashier— 1?. H. White, Duluth, Minn.

Chief Eng.— R. Angst. Duluth, Minn.

Mast. Machy.—H. S. Bryan, Two Harbors, Minn.

Supt. Bridget— W. A. McGonagle, Two Harbors, Minn.

Road Master — John Shea, Two Harbors, Minn.

Solicitor-J. H. Chandler. Chicago, 111.

Land Commissioner— B. P. Crane, St. Paul. Minn.

'266 Dulntn and Winnipeg RR.

President — H. J. Boardman, Boston, Mass.
Vice-Pres. & Gen. Man.—W. H. Fisher, Duluth, Minn.
Secretary— Charles G. Heim, Baltimore. Md.
Treasurer— C. W. Wells, Saginaw, Mich.
Tkt. & Traf. Agt., And. )

Pats. Rects.,Gen. Aud. \ C. H. Fisher, Duluth, Minn.

& Car Acct. v

Act. Gen. Fgt. & Tkt. Agt.—O. Rowley, Duluth, Minn.
Gen. Counsel— W. A. Barr, Dnlnth, Minn.
Purch. Agt. & Fuel Agt.—J. G. Callahan, Duluth, Minn.

RM(utMTranf ( W R stePhen8on' Cloqnete, Minn.
Chief Eng.— H. L. Dresser, Duluth, Minn.

267 Duluth Belt Line RR.

President— J. R. Myers, Dnluth, Minn.
Vice-Pres.— Morris Beifeld, Chicago. 111.
Treas. & Gen. Man.— H. H. Myers, Dnluth, Minn.
Secretary— B. F. Myere, Duluth, Minn.

53

54

THE

JEFFREY MANUFACTURING COMPANY,

COLUMBUS, OHIO, U. S. A.,

JEFFREY ELECTRIC MINING MACHINE.
MANUFACTURERS OF

THE

JEFFREY ELECTRIC AND AIR COAL MINING MACHINES,

Electric MOTOR CARS for Mine Haulage,
Electric MINE DRILLS.

ALSO

CHAIN BELTING designed for ELEVATING and CONVEYING machinery for the handling
of coal, ores, broken stone, etc., etc.

CORRESPONDENCE SOLICITED.

MINING PROPERTIES EXAMINED. ESTIMATES MADE.

Machines furnished subject to sale after having worked on basis of estimate.
Send for Illustrated Cntnloffiie.

G. L. STUEBNER & CO.,

MANUFACTURERS OF

SELF-DUMPING STEEL
AND IRON HOISTING TUBS

FOR COAL, ORE, ETC.

Bottom Dumping Tubs for Coaling Locomotives, Side

and Bottom Dumping Cars for Coal Elevators,

Iron Wheelbarrows, Hoisting Blocks, etc.

SEND FOR CIRCULAR. 168 and 170 West 3d St., Long Island City, N. Y.

We are now prepared to show, by irrefutable proofs, that our Excavators are
way (a long way) ahead of all our competitors. It received the highest premium, in
the face of the powerful opposition of two rings who conspired to beat us.

It is now admitted by all who have used the
different kinds of excavators that the Victor is
the best one on the ir>arket. It is the most
powerful, quickest working, most durable, best
proportioned, easiest handled, of fewest parts,
least likely to get out of order, and therefore the
least expensive to keep up, and the cheap-
est, everything considered.

Its construction is simplified by patented
devices which avoids all complications.
It has the best record of any excavator in
the country. Its high crane allows it to
dig 7 ft. below grade, and can be lowered down in 30 min-
utes to pass low bridges when running over the road. ,
It has loaded on to flat cars 3,120 yds. in 10 hours, and
can excavate any kind of material that can be dug by
any other excavator ever built, and more of it.

Send for Illustrated Catalogue.
TOLEDO FOUNDRY «fc UMA-OHIIVE CO., TOLEDO, OtTIO.

DUL-EAS.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

Dnluth, Red Wing and Southern KR.

President- F. W. Hoyt. Red Win?, Minn.

PmtiUnt—S. B. Foote, Red Wins, Minn.
•f-jnaqer—'L. F. Hubbard. Ked \Ving, Minn.

••iry—G. H. Crary. Red Wing. Minn.
Treasurer— T . B. Sheldon, Red Wing. Minn.
Gen. Supt. <{• Traf. Man.—C. Sheldon. Red Wing. Minn.
Enaineer—Wm. Danforth, Red Wing, Minn.
Car Accountant— G. C. Davis, Red Wing, Minn.

569 Duluth, South Shore and Atlantic Ry.

President— Samuel Thomas, New York. X. Y.
r/ce-Pres.-C. S. Brice, New York, N. Y.
rice-Pre*.—W. C. Vdn Home, Montreal. P. Q.
Treasurer— W '. A. C. E\ven. New York. N. Y.
Secretary— 1*. M. Schwan, New York. N. Y.
<9«n. Man.— W. F. Fitch. Marquerte. Mich.
Superintendent— D. M. Philbin. Marqaette. Mich.
Asst.Treas. A .-1 .»•/•.. S-v.—E. W. Allen. Marqaette, Mich.
-Iwditor— Robert Toombs, Marquette, Mich.
^?n. Attorney— X. B. Eldredge. Marquette, Mich.
Parch. Agt.— P. W. Brown. Marquette. Mich.
Gen.Pass.A 7T/&..-li7/.--C.B.Hibbard.MinneapoIis.Minn.
<?£». .Fgtf. -4(7^.— William Orr, Marquetre. Mich.
Chief Engineer— H.. J. Payne, Marquette. Mich.

Mech.— J. J. Conolly, Marquette. Mich.
.SV;y/. Br.— W. M. Noon, Marquette. Mich.

Road Masters— W. J. St-ifford, Marquette, Mich.; H.
P. Stafford, Marquette. Mich.: A. Larson, Thomaston.
Mich.

Mast. Car Bldr.—D. C. Mulvihill, Marquette. Mich.
Gen. E. Pass. Agt.—A.L. Fulenwider. New York. N. Y.
Commercial Agt.—L. S. Greves, Nesv York. N. Y.
X. Pass. Agt.—Georse W. Hibhard. Marquette. Mich.
TV™ P/..P A**,, I G. I. Humphrey, Boston, Mass.
Trav. Pass. Agt*. -, w B. chandler". Minneapolis. Minn.
Tr !>•. Frjt. Agt.—V?. W. Walker, St. Paul, Minn.

5TO Duluth Transfer Ry.

President — A. Harrington, Minneapolis, Minn.
Vice-President— C. E Lovett, D'uluth. Minn.
Treasurer— D. H. Merritt. Dal nth, Minn.
Secretary— Q. H. Simonds, Duluth. Minn.
Chief Engineer— E. J. Fetter, West Duluth, Minn.
S>qKrintendent—H.. P. Johnston. West Duluth, Minn.

571 Dunkirk, Allegheny Valley and Pitts-
burgh RR.— (See New York Central and Hudson
Paver RR.)

27 '-2 Durham aud Northern Ry.

Prex. A Purch. Ajt.—John C. Winder, Raleigh, N. C.
See. & Treas.-J. E. Hunter. Raleigh. N. C. ~
Auditor Acct*.— J. B. Martin. Raleigh. N. ( .
Aud. Fas*. Rec'tf—T. H. Wright. Wilmington. N. C.
Aud. Rec"t* A I>i*b*.— N. T. Cobb. Raleigh, N. C .
Trav. Aud.—W. T. Tucker. Raleigh. N. c.
Gen. Supf.—L. T. Myers. Portsmouth, Va.
.Supt.— William Smith, Raleieh. N. C.
Gen. Traf. Man.—O. V. Smith. Norfolk. Va.
Mast. Mdchy.— B. R. Harding, Raleigh. N. C.
Car Accountant -\T. P. McGehee. Raleigh. N. C.
Eoa<l Matf.— H. M. Robinson. Henderson. N '

•" • $f "BT &¥^ ***<^<» jp% jwj . j

273 East and West Railroad of Alabama. |

Eec. A Gen. Man.— Chas. P. Ball. Cartersviile, Ga.
President— Eugene Kelly. New York. N. Y.
Vice-Pres.— Jno. Byrne, New York. N. Y.
Sec. A Treasurer— Geo. B. Allen. Cartersviile. Ga.
Gen. Auditor— Jno. M. Purse. Cartersviile. Ga.
Car Acc't A Mn*i. Tr.—TX. D. Johnson. Cartersviile, Ga.
Jlaat. Much, d- Car Rep.—'B. F. Lowther. Cedartown. Ga.
Supt. Bdis. — John Munnerly, Cartersville, Ga.
Chief Engineer — George H. Clark, Cedartown, Ga.
Road Matter— R. C. Chitwood, Ragland. Ala.
G°n. Connsel — Alexander T. London, Birmingham. Ala.
Claim Agent— George S. Cobb, Cartersville. Ga.

274 East Broad Top RR.

President— W. A. Ingham, Philadelphia, Pa.
Vice-Preg.— Edward Rooerts, Jr., Philadelphia, Pa.
Sec. A Trea*.—J. E. Haverstick, Philadelphia, Pa.
4«dta>r-Edw. Roberts 3d, Philadelphia, Pa.
G. Supt. A C. Ena.—A.. W. Sims, Rockhill Furnace, Pa.
Mast. Mech. A /
Mast, of Car }• A.W.Greenwood.Rockhill Furnace, Pa.

Rep.
Road J/i

raster—3. G. Murphy, Rockhill Furnace, Pa.
'['qf' |-B. F. Ripple, Rockhill Furnace, Pa.
Purch. Agte. — Treasurer and Gen. Superintendent.

575 East Line and Red River RR.

Receiver— W. M. Giles. Greenville. Tex.
Gen. Supt.—E. M. Alvord. Greenviile. Tex.
G. F. A P. A.— Horace Booth, Greenville, Tex.
Auditor A Cashier— H. N. Marache. Greenville. Tex.
Gen. Claim Agt.— H.E.Henderson, Sulphur Springs,Tex.
Fgt. Claim Agt.— J. W. Chatham. Greenville. Tex.
Gen. Attorney*— Robinson & Coke, Dallas, Tex.
Gen Attorney— John T. Graddock. Greenville, Tex.
Chief Surgeon— Dr. E. P. Becton. Sulphur Springs, Tex.
Mast. Mech.—J&s. Long, Greenville, Tex.

576 East St. Louis and Caroiidelet Ry.

President— Thomas D. Messier, Pittsburgh. Pa.
Secretary— S. B. Liggett. Pittsburgh, Pa.
Treasurer— T. H. B. McKnight. Pittsburgh, Pa.
Gen. Supt.— Joseph Hill. St. Louis. Mo.
Awt. Supt. A Cash.— G. K. Thomas. East St. Louis, 111.
*upt. Mot. Pou\—Geo. H. Prescott. Terre Haute. Isd.
Foreman Car Pej).—Y. Angevine, East St. Louis, El.

577 East St. Louis Connecting Ry.

President— John Scullin. St. Louis, Mo.
Mce-Pret.—A. C. Church, St. Louis. Mo.
Treasurer— ^H. L. Clark. St. Louis. Mo.
Ate't Trfa.*.—E. C. Newkirk. St. Louis, Mo.
Secretary— S. C. Church, St. Louis. Mo.
Auditor—.^. T. W. Pritchett, St. Louis. Mo.
.Van. A Purck. Aqent—C. H. Sharman. St. Louis. Mo.
Gen. Agt.— It. N. Bothner. East St. Louis. 111.

"'it. Agent— W. S. Hodges. Sf. Louis. Mo.
.Vaster )fech.—~D. J. Timlin. East St. Louis. 111.
.I/a*?. Car Rep.— Arthur Merrill, East St. Louis, 111.

378 Kast Shore Terminal Co's RR.

President -Samuel D. Davis. New Y'^rk, N. Y.
rice-Pr«*iderit-\V. S. Huger. Charleston, S. C.

I'rffisi.— John L. Nisbet. New York. N. Y.

579 Eastern Kentucky RR.

President— Nathaniel Thayer, Boston. Mass.
r.-Pres.tPvr.Agt.d G. Jf.—H. W. Bates. Greennp, Ky.
Sec. A Treaxvrtr—E. B. Townsend. Boston, Mass.
Cashier A Aud. — Vacancy.

Gen. Fgt. A Pas*. Agt.— Geo. Gibbs, Greenup, Ky.
Master Mech.— A.. W. Crawford. Grayson. Ky.
Superintendent— Robert Leedy, Gray son, Ky.

5SO Eastern Ohio Ry.

President— John B. McDonald, Baltimore, Md.
Secretary— Y. L. Rosemond, Cambridge, O.
Treas. A Gen. Supf. — W. H. Stevens. Cumberland, O.
Gen. Manager — J. W. Campbell, Cambridge, O.
G*n. Counsel — Steele and Rosemond. Cambridge. O.
A''j<Jit</r — M. G. McMahon. Cambridge, O.

581 East Florida and Atlantic RR.

President— C. H. Hutchins. Worcester. Mass.
Vice- President— J. R. Mizell. Pensacola. Fla.
Treasurer— F. P. Knowles. Worcester, Mass.
Strretary — J. M. Russell, Worcester. Mass.
Gen. Man. A Chief Eng.— J. H. Abbott, Orlando. Fla.
Gen. Trav. Agt.—B. S. Chnbb, Winter Park. Fla.
Master Mechanic— W. P. Watson. Orlando. Fla.
Auditor— J. S Capen. Winter Park. Fla.
-•/—Geo. R. Newell. Orlando, Fla.

Railroad Bonds are fully and minutely described in Poor's Manual of Railroads,
which is now in its 25th year. It is the standard authority. Send for circular. H. V.
& H. W. Poor, Publishers, 70 Wall St., New York.

55

MALLEABLE

DAYTON

LEABLE
NCO,

NQASTINQS

SWEET & CLARK CO.

MANUFACTURERS OF

Refined Air Furnace Malleable Iron

CAR CASTINGS A SPECIALTY.

EAS-ERI.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

984 East Louisiana KK.

Pres.<Gen. Man. >_ John poitevent, New Orleans, La.
& Purch. Af/t. \

Vice-Pres.— J&». A. Favre, New Orleans. La.

Treasurer— E. Martelli, New Orleans, La.
Secretary— Phil A. Orr. New Orleans. La.
Superintendent— ^>&m. R. Poitevent, Florenville. La.
Ass't Gen. Man.—E. S. Ferguson, New Orleans, La.
Mast. Mech.-J J. Stroble. Florenville. La.
Mast. Car fiep.—J&s. B. Elwell, New Orleans. La.

983 East Tennessee and \Vestern North
Carolina RR.

President— Frank Firmstone, Philadelphia, Pa.
Sec. cfe Treas.— John S. Wise, Philadelphia. Pa.
Superintendent — C. H. Nimson, Cranberry, N. C.
Asst. Supt.— W. A. Darden. Hampton, Tenn.
Auditor— Wallace Hahn, Cranberry. N. C.
Mast. Mech.—M.. W. Lindamood, Johnson City, Tenn.

4S4 East Tennessee, Virginia and Geor-
gia Ry.

Chairman— Samuel Thomas, New York, N. Y.
President— W. G. Oakman, New York, N. Y.

I Calvin 8. Brice, New York, N. Y.
Vice- Presidents •{ Henry Fink, New York, N. Y.

| S. M. Felton, Cincinnati, O.
Treasurer— J.N.Mitchell, Knoxville, Tenn.
Secretary- L. M. Schwan, New York, N. Y.

Gen. Solicitor— Wm. M. Baxter, Knoxville, Tenn.
Agft't Solicitor— W. S. Dlckson, Knoxville, Tenn.
Gen. Manager— C. H. Hudson, Knoxville. Tenn.
Gen. Supt.—W. A. Vaughan, Knoxville, Tenn.
Traffic Man.—E. Fitzgerald. Knoxville. Tenn.
Gen. Pass. & Tck. Agt.—B.W. Wrenn, Knoxville, Tenn.
Gen. Fat. Agt.—T. S. Davant, Knoxville, Tenn.

( L. A. Bell, Selma. Ala.

A , t /-• »„„„ j»f0 J C. A. Benscoter. Knoxv.,Tenn.
As*t. Gen. Pass. Agts. \ c N Knight Atianta, Ga.

1C. A. Desaussure, Memp.,Tenn.

Gen. Trav. Pass. Agt.—P. S. Gilmore, Knoxville. Tenn.
Gen. So. Pass. Agt.—S. C. Andrews, New Orleans, La.
W. Pass. Agt.—J. C. Beam, Little Rock, Ark.

TV™ n,ae *„*<> 3 T-
Trar. Pass. Agts. j D

Div. Pass. Agt.—E. T. Charlton, Chattanooga, Tenn.
Sturgis, Atlanta, Ga.
Ha,,» Charlotre, N. C.

J. Gothard, Knoxville, Tenn.

J. J. Griffin, Atlanta, Ga.

Ray Knight] Selma, Ala.

J. S. Davant, Memphis, Tenn.
Gen. Trav. fgt. Agt.—T. J. Barnard. Atlanta, Ga.
Fgt. Claim Agt.—J. Tipton, Knoxville, Tenn.
A uditor— William Hawn, Knoxville, Tenn.
Chief Eng.—D. W. Lum, Knoxville, Tenn.
Car Accountant— Y. J. Hoyle, Knoxvi'le, Tenn.
Gen. Car Insp'r — Jos. Armbruster. Knoxville, Tenn.
Purch. Agent— Geo. W. Stevens, Cincinnati, O.
Supt. Mot. Power— W. H. Thomas, Knoxville, Tenn.

Tenn.

987

Ry.

President— Samuel S. Henszey, Egypt, N. C.
Aud. d- G. F. rf- P. A.-S. I. Wright. Egypt, N. C.

Supt. Ala. Div.— John M. Bridges, Selma, Ala.
Supt. Atlanta Div.—\V. R. Beauprie, Atlanta, Ga.
Supt. M. & C. Div.—R. B. Pegram, Jr., Memphis, Tenn.
Supt. Brunswick Div.—W. J. Murphy, Macon, Ga.

Division Master Mecfinnics—J. B. Michael, Knox-
ville, Tenn. ; C. L. Petrikin, Selma, Ala.; E. M. Roberts,
Atlanta, Ga.; J. H. Buckalew, Memphis, Tenn.

Master Car Builders— Jos. Bossinger, Knoxville,
Tenn.; S. A. Sexton, Selma, Ala.; A. Corinth, Atlanta,
Ga. ; R. T. Hayes, Memphis, Tenn.

Master Car Painter— J. F. Smith. Knoxville, Tenn.

Foremen Locomotive Repairs — J. T. Robinson. Mo- I
bile, Ala.; A. T. Hooker, Chattanooga, Tenn.; Lena.
Hall, Tuecumbia, Ala.

985 Edge wood ( oal Railroad.

President— W. H. Schoenbereer, Cincinnati, O.
Secretary— Edward P. Loy, Pittsburgh. Pa.
Treasurer— Thomas C. Dickson, Pittsburgh, Pa.

486 Eel River and Eureka RR.

President -John Vance, Eureka, Cal.
Vice- President— William Carson, Eureka, Cal.
Secretary— W. S. Riddell, Eureka, Cal.
Treasurer— Stephen Hill, Eureka. Cal.

Chief Engineer— J . J. Sickler, Egypt, N. C.

Agent— ft. S Bechtel, Egypt, N. C.

Cor. Acct.—W. P. McGehee, Raleigh, N. C.

488 Eldorado Springs RR.

President— E. H. Brown, Girard. Kan.
Vice-Pres.— H. E. Ashcroft, Philadelphia, Pa.
Secretary— John T. Morrison, Pittsburgh, Pa.
Treasurer— R. T. Railey, Harrisonville, Mo.

289 Elgin, Joliet and Eastern Ry.

President— Samuel Spencer, New York, N. Y.

Vice- President— Norman Williams, Chicago, 111.

Sec., Tree*. & Pur. Agt.—Y. D. Raymond,Chicago, 111.

Traffic Man.—H. J. Page, Chicago, 111.

Auditor— F. W. Sutton, Chicago, 111.-

Chief Eng.— E. H. I>e, Johet, 111.

Superintendent— G. O. Clinton, Joliet. 111.

Mast. Mech.—Tho*. Downing, Joliet, 111.

Road Master— M. A. Cooper, Joliet, 111.

290 Elgin, Petitcodiac and Ilavelork Ry.

Receiver— E. R. Jones, Petitcodiac, N. B.
President— R. Humphrys, Petitcodiac, N. B.
Gen. Man.— A. E. Killam, Petitcodiac. N. B.
V.-Pres. cfe Sec'y— E. P. Eastman, Petitcodiac, N. B.
Treasurer— Joseph Steves, Elgin, N. B.
Gen. Supt.—J. A. Killam, Petitcodiac, N. B.
Auditor— Elisfca Tingley, Petitcodiac, N. B.
Road Master— Laurence White, Petitcodiac, N. B.

291 Elkhart and Western Ry.

President— R. E. Bucklen, Chicago. 111.
Vice-Pres.— J . R.'Beardsley, Elkhart, Incl.
Sec. <& Gen. Manager— E. C. Bickel, Elkhart, In«l.
Treasurer— C. H. Winchester, Elkhart. Ind.
Auditor— Strafford Maxon, Elkhart, Ind.

999 Ellensburgh and Northeastern RR.

President— J. W. Shoredy, Ellensburgh. Wash.
\st Vice-Pres.— Thos. L. Nixon, Ellensburgh, Wash.
2d Vice-Pres.— Geo. W. Elliott, Ellensburgh, Wash.
Secretary— J. C. Lloyd. Ellensbnrgh, Wash.
Treasurer— W. R. Abrams, Ellensburgh, Wash.
Manager — M. J. Maloney, Ellensburgn, Wash.

293 Elmira, Cortland and Northern RR.

President— Austin Corbin, New York, N. Y.
rtce-Presidenf—Geo. S. Edgell, New York, N. Y.
Treasurer— Wm. G. Wheeler, New York, N. Y.
Secretary— E. R. Reynolds, New York, N. Y.
Avd. <fe Purch. Agt.—TA. A. Smith. Elmira, N. Y.
Gen. Supt.— Albert Allen, Cortland, N. Y.
Gen. P. & Fgt. Agt.—C. W. Williams, Elmira. X. Y.
Mast. M.- George F. Richards, Cortland, N. Y.
far Accountant— F. H. Morse, Cortland, N. Y.

< Cortland. N. Y.
Road Master- -P. Clancy, Cortland. N. Y.

494 Emmittsburg RR.

Pres. tfe G. Man. — James A. Elder, Emmittsbnrg, Md.
Treasurer— C. T. Zacharias, Emmittsburg, Md.

^Fr^Agi & \ Jobn H' Ro8«nstnli Emmittsburg, Md.
Road Master— .Jacob M. Eyler, Emmittsburg, Md.

995 Empire and Dublin RR.
Receiver — John W. Hightower, Empire, Ga.
President -J. C. Anderson, Chattanooga, Tenn.
Secretary— E. H. Nail, Chattanooga, Tenn.
Superintendent— W . A. Heath, Empire, Ga.
Chief Engineer— R. S. Payne, Empire, Ga.

496 Erie and Huron Ry.

President— E. H. Bickford, Toronto, Ont.

Man. Director & Purch. Agt.—J. J. Ross, Sarnia, Ont.

G. Frt. «fe Pass. Agt.--W. N. Warburton, Chatham, Ont.

Treasurer— E. H. Edwards, Sarnia, Ont.

Sec'y & Auditor— Jno. E. Foreman, Toronto, Ont.

Road Master— J. G. Entwistle, Chatham, Ont.

Mech. Foreman— James Stamelin, Chatham, Ont.

Gen. Storekeeper— C. H. Crofts, Chatham, Ont.

57

58

E. D. ALBRO, PRESIDENT. w. H. JUSTICE, SEC'Y AND TKEAS.

TH3E3 :E3. I>. -A. JLi :0 :R. O OO.,

Mills: 685 to 711 W. Sixth Street, CINCINNATI, OHIO, U. S. A.
NEW YORK BRANCH: 6th and Lewis Streets, E. R.

3MC-A-HOC3^^L]Vr"Y" 1^ TT TVT T* TTTFE

(ALL THICKNESSES; WELL SEASONED.)

PRIMA VERA (White Mahogany), Choice Stock, All Thicknesses.
DOMESTIC LUMBER: Quartered Sawed Oak, Quartered Sawed Sycamore, Plain
Oak, Cherry, Ash, Hazlewood (Gum) Walnut,

VJENJEJSJKS: We carry a large stock of Mahogany, French Walnut Burl, Circassian Walnut,
Prima Vera and English Brown Oak Veneers ; also in Domestic Wood, Plain and Figured, Cherry,
Birch, Ash, Maple, Etc., Etc. We make a specialty of Quartered Sawed Oak, Knife-Cut Quartered
Oak, and Kotary Cut Plain Oak Veneers.

We operate the LARGEST MILLS IN THE WORLD. All manufactured stock sold by us is converted
from the raw material on our own premises.

CYPRESS SHINGLES.

Pom, lite Pie
Saiei to Order,

Railroad Ties.

YANDERBILT & HOPKINS, 120 LIBERTY ST., N.Y.

H. STANLEY GOODWIN, Pres.

WALTER G. BERG, Engr.

H. COMER, Supt.

THE LEHIGH VALLEY CREOSOTING WORKS,

WORKS, PERTH AMBOY, N. J.
Office, Washington Street, South of Gap, Jersey City, N. J.

Lumber, Piling and Ties creosoted with DEAD OIL OF COAL TAR. Creosoted timber furnished.
Capacity, 400,000 ft. B. M. per month. Cylinders 80 ft. long. Direct water and rail communication.

THE COLLIAU PATENT

CUPOLA FURNACE,

With Latest Improvements.

The Most Economical in Working Results.

The Lowest in Price. The Best for all Works.

Manufactured exclusively by

F. C. WELLS,

MANUFACTURER OF STEAM-PUMPS,

116-120 S. CLINTON STREET,

CHICAGO, ILL.

ERI-PER.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

29T-3OT

297 Erie and Wyoming Valley RR.

Pres. & Purch. Agt.—John B. Smith, Dunmore, Pa.
rice-President— A. H. McClintock, Wilkesbarre, Pa.
Sec., Treas.. A Sunt.— George B. Smith. Dunmore, Pa.
Auditor — Win. Gillmore, Dunmore, Pa.
Gen.Frt. & Pass. Agt.—W. E. Street. New York, N.Y.
A*xf. Fgt. cfe Pass. Agt.—Jas. C. Moffatt, Dunmore, Pa
Eng. A'Road Master— A. D. Blackinton, Dunmore, Pa.
Mtut. Mechanic— D. E. Barton, Dunmore, Pa.
Mast. Car B'r— Mark C. Simpson, Dunmore, Pa.
Car Accountant— Wilson D. Decker, Dunmore, Pa.

298 Escambla KK.

Prudent— M. H. Sullivan, New York, N. Y.
Vice-Pres.— J. W. Black, Mobile, Ala.
Sec. & Treas.— 3. J. Sullivan, Flomaton, Ala.
Gen. Man.—W. A. S. Wheeler, Pensacola, Fla.

299 Egquiiuault and Nanaimo Ry.

President— Alex. Dunsmuir, Victoria, B. C.

Vice- Pres. cfe Treas. — Jas. Dunsmuir, Victoria, B. C.

Secretary— C. E. Pooley, Victoria, B. C.

Supt., G.Man, cfe Chf. Eng.—Jos. Hunter, Victoria, B.C.

Auditor— Wm. Whyte, Victoria, B. C.

Gen. Pass. & Tkt. Agt.—U. K. Prior, Victoria, B. C.

300 Eureka and Paliaade RR.

President— Edgar Mills, Eureka, Nev.

Treasurer— Nat'l Bank of D. O. Mills & Co., Sac., Cal.

Secretary— D. J. Col ton, Eureka, Nev.

Gen. Supt. & Purch. Agt.—B. Oilman. Eureka, Nev.

Chf. Engineer— T. J. Read, Eureka, Nev.

Gen. Pass. & Frt. Agt.—J. L. Fast, Palisade, Nev.

Mast,. Mechanic— E. W. Harris, Palisade, Nev.

Mast. CarBldr.—R. Jackson, Palisade, Nev.

Mast. Car Painter— Seth Ladd, Palisade, Nev.

301 Eureka Spring* lly.

Pres. & Man.— Powell Clayton. Eureka Springs, Ark.
Vice-Pres. &, Treas.— Logan H. Roots, Little R'k.Ark.

Gen. Ticket Agt.—F. M. Richardson, Eureka Spgs., Ark.

2 urch. Agent— C. H. Smith, St. Louis. Mo.

Mast. Mech.—S. B. Obenshain, Eureka Springs, Ark.

J' Wallace' E«reka Springs, Ark.
Gen. Counsel— Clayton & Brizzolari, Fort Smith, Ark.
Gen. Attys.— Crump & Walking, Eureka Springs, Ark.

302 E vaiia vllle and Terre Haute RR.

President— D. J. Mackey, Evansville, Ind
See. & Treas.— W. J. Lewis. Evansville, Ind.
Superintendent— W. M. Corbett, Evansville, Ind.
Gen. Traf. Man.—Q. J. Grammer, Evansville, Ind.
Gen. Fgt. Agt.—E. O. Hopkins, Evansville, Ind
Gen. POSS.& Tkt.Agt.—R. A. Campbell, Evansville, Ind

AS&TkT'I™' \ S" D" McLeish' Evansville, Ind.
Gen. Baggage Agt.—F. R. Wheeler, Evansville, Ind.
Auditor— E. B. Cooke, Evansville, Ind.
Chief Eng.— T. A. Allen, Evansville. Ind.
Mast. Mech.—Jno. Torrance, Evansvitle, Ind.
Mast. Car Bldr.—J. F. Scott, Evansville Ind
Road Master— Wm. Kelty, Evansville, Ind.
Supt. Bridges— N. E. Milnor. Evansville, Ind.
Transfer Agents— Farmers' L. & T. Co,,Ne\v York,N.Y.
Gen. Solicitors— Igleheart & Taylor, Evansville Ind.
Purch. Agt.—H. W. Matters, Evansville, Ind.
Car Acct.—J. H. Hedden, Evausville, Ind.

Evansville and Indianapolis RR.
President— T). S. Mackey, Evansville, Ind.
Sec. & Treas.— W. J. Lewis, Evansville, Ind.

(Operating officers same as Evansville and Terre
Haute.)

303 Evansville, Suburban & Newburg Ry.

President— Y. W. Cook, Evansville, Ind.
Vice-Pres. A Gen. Man.—W. J. Wood, Nashville, Tenn.
Secretary — L. S. Furman, Evansville, Ind.
Treasurer— S. P. Gillette, Evansville. Ind.
Asst. Man. — Gus Muhlhausen, Evansville, Ind.
Road Master— Ed. Westfall, Evansville, Ind.

304; Fall Brook Coal Company (Lessee).

GENERAL OFFICERS OF FALL BROOK COAL Co., IN
CHARGE OF OPERATIONS OF LEASED RAILWAY
PROPERTIES.

President— George J. Magee, Corning, N. Y.

1st V.-P. & Treas.— John Lang, Corning, N. Y.

2d V.-P. & Coun.— Daniel Beach, Corning, N.Y.

See. cfe Asst. Treas.— John H. Lang, Corning, N. Y.

Gen. Traffic Man.—E. F. Kershner, Corning, N. Y.

Local Fgt. Agt.—J. D. Lawton, Corning, N. Y.

Gen. Pass. & Tkt. Agt.—W. H. Northrop, Corning, N.Y.

Gen. Auditor — W. Nicholson, Corning, N. Y.

Asst. Auditor—Ins. Collord, Corning, N. Y.

Chief Eng.— S. T. Hayt, Jr., Corning, N. Y.

Gen. Supt.— Geo. R. Brown, Corning, N. Y.

Gen. Bag. Agt.—John Wallace, Corning, N. Y.

Mast. Mach.—W. A. Foster, Corning, N. Y.

Car Account' t— J. B. Terbell, Corning, N. Y.

Purch. Agent— W. H. Chaphe, Corning, N. Y.

Pay Master— C. K. Minor. Corning, N. Y.

Mast. Car Bldr.—C. J. Butler, Corning, N. Y.

Mast. Car Painter— Wm. Brady, Corning, N. Y.

R'd Mast. Sup. of Bridges— G.E.Bartlett, Corning, N. Y.

Fore. Loco. Hep.—E. Williams, Corning, N. Y.

CORPORATE OFFICERS, LESSOR COMPANIES.

| (a) Corning, Cowanesque and Antrim Ry.

President— George J. Magee. Wat kins, N. Y.
V.-P. cfe Treas.— Daniel Beach. Watkins. N. Y.
Secretary— L. B. Robinson, Corning, N. Y.

(b) Pine Creek Railway.
President— Henry Sherwood, Wellsboro', Pa.
Vice- President— George J. Magee. Watkins, N. Y.
Sec. cfe Treasurer— E. V. W. Rossiter, New York, N. Y.
Transfer Agt.—A.l\yn Cox, New York, N. Y.

(c) Syracuse, Geneva and Corning Ry.
President— G. J. Magee, Corning, N. Y.
Vice- President— -John Lang, Corning, N. Y.
Secretary— Louis P. Miller, Corning, N. Y.
Treasurer— ~&. D. Worcester, New York, N. Y.

305 Falls Creek RR.

President— E.. K. Wick, Argentine, Pa.

rice- President— R. H. Williams, Oak Ridge, Pa.

SeC&G*F. AU.Pt' \ Frank Morrison, Falls Creek, Pa.
Treasurer-W. D. Ward, Buffalo, N. Y.
Gene ral Solicitor— C. Z. Gordon, Brookville, Pa
Auditor— Geo. D. Adams, Buffalo, N. Y.

306 Farmville and Powhatan RR.

President— Joseph Hobson, Rock Castle, Va.
Vice-Pres. & Gen. Man.—Jas. R. Werth Richmond Va
Asst. Gen. Man.—W. B. Strother. Chester, Va.
Treas. cfe Sec.& Pvr.Agt.—G. M.Wilson, Richmond. Va.
Gen. Couns.— Pegrain & Stringfellow, Richmond, Va.
Gen.Aud.& G. T. cfe F.Agt.— R.T.Wilson,Richmond Va
Chief Eng.— H.. A. Whiting, Cumberland. Va.
Mast.QfMach.—H. F. Kredell, Chester, Va.
Master Transp.— Geo. E. Ruffin, Chester, Va.
Road Master— M. L. Van Doren, Chester, Va.

3O7 Ferney Mountain RR.

President — Daniel Shepp, Tamaqua, Pa.
Vice-President— yi. M. MacMillan, Mahanoy City, Pa.
Secretary— 'L. F. Frirsch, Tamaqua, Pa.
Treasurer — John J. Hursh, Tamaqna, Pa.
Superintendent— M. Boyer, Lock Haven, Pa.
Chief Engineer — Israel Boyer; Lock Haven, Pa.
Purch. Agent— Y. B. Spicer/Tamaqua, Pa.

PETTIBONE, MULLIKEN & CO., Chicago, 111,

Frogs, Crossings, Split Switches.

59

60

F. E. SAWARD, EDITOR,

TIMES BUILDING, NEW YORK,

The ABC PATHFINDER RAILWAY
GUIDE, issued monthly by the New England
Hallway Publishing Co., 67 Federal St., Boston,
Mass.. has been published continuously from
July 1st, 1840. This popular Guide, the oldest
in America, enjoys a circulation among the
traveling public larger than any other Guide,
and contains everything that can be found la
similar publications with countless details that
cannot be found elsewhere. Its advertising
rates, circulation considered, are the lowest,
and the subscription price, $2.50 per annum,
places it within the reach of all who havens*
for a reliable and intelligible Railway Guide.
The large colored maps accompanying each
number of the PATHFINDER are acknowl-
edged by all to be the finest railway maps
ever engraved. Single copies are mailed to
any address for as cents.

FEE-FOB.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

308-317

308 Ferro Monte RR.

President— Ario Pardee, Hazelton, Pa.

> Canfield' Dover' N>

Sup.,G?n. Traf. .Van., Gen.}

T.&F.Agt.:Mast. Tran*., j Geo. Shaw, Mine Hill, N.J.

R'd Mast.,Supt.B.&P.A. )
Mast. Mach., Mast. )

Car Paint. & -Vast. VGeo. W. Bonnell, Mine Hill, N. J.

Car. Rfp. \

309 Findlay, Fort Wayne and Western RR.

President— Henry Dexter, New York, N. Y.

Vice-Pres. t(- Treas.— Win. C. Dornin, New York, N. Y.

Secretary— Arthur E. Dornin, New York. N. Y.

Gen. Man.—C. G. Patterson, New York, N. Y.

Gen. Supt. d- Pur. Agt.—C. H. Roser, Findlay, O.

Asst. Supt.—E. C. Patterson, Findlay. O.

Chief Eng.—B. W. Fenton. Findlay, O.

Auditor- S. T. Heffner, Findlay, O.

Gen. Tkt. & Fgt. Agt.— Wilbur Rogers, Findlay, O.

Master Mach.—J. C. Homer, Findlay, O.

Hood Master— Turner J. Shipps, Findlay, O.

31O Fitchburg Railroad.

President— H. S. Marcy, Boston. Mass.
Treasurer— D. A. Gleason, Boston, Mass.
Gen. Supt. — John Adams. Boston, Mass.
Asst. Gen. 8>.<pt.—W. D. Ewing, Boston, Mass.
Registrar— H. F. Whitcomb, Boston, Mass.
Gen. Auditor— G. S. Anthony, Boston, Mass.
Gen. Counsel— G. A. Torrey, Boston, Mass.
Gen. Traffic Man. — J. Whitmore, Boston, Maes.
Gen. Fgt. Agt.— A. S. Crane, Boston, Mass.
JHv. Fgt. Agt.— Geo. E. Dudley, Troy, N. Y.
Gen. Pass. & Tkt. Agt.—J. R. Watson. Boston, Mass.
fen. W. Pass. Agt.—C. A. Nimmo, Troy, N. Y.
EnPn Pass. Agt.—V. W. Halbert, Boston, Mass.
G#n. Bag. Agt.—Q. F. Foye, Boston, Mass.
Chief Engineer — A. S. Cheever, Fitchburg, Mass.
Purch. Agent— Geo. J. Fisher, Boston, Mass.
Corp. & Dir. Clerk— Edm. D. Codman. Boston, Mass.
Spt. Mot. Pow. tfc Mach.—O. Stewart, Boston, Mass.
Car Accountant — J. W. Burnham, Boston, Mass.
Paymaster — J. F. Green, Boston, Mass.

Division Superintendents— J. R. Hartwell, Boston,
Mass.; C. L. Mayne, Fitchburg, Mass.; J. Crandell,
Troy, N. Y.

Supt. Car Dept.—J.'W. Marden, Boston, Mass.

Land & Tax Agt.— A. Gorham, Boston, Mass.

311 Flint and Fere Marquette RR.

31* Florida Central and Peninsular RR.

President— H. R. Duval, New York, N. Y.

Secretary— E. R. Hoadley, New York, N. Y.

Treasurer— W. N. Thompson. Jacksonville, Fla.

Gen. Man. <fe Pur. Agt.—D. E. Maxwell, JackVe, Fla.

Asst. Gen. Man.—T. A. Phillips, Jacksonville, Fla.

Traffic Man.—ff. S. Pennington, Jacksonville. Fla.

Gen. Pass. Agt.— A.. O. Macdonell, Jacksonville, Fla.

Gen. Frt. Ag't.—W. H. Pleasants, Jacksonville, Fla.

Gen. E. Agl.—R. C. Sherman, New York, N. Y.

Gen. W.Pass.&Fgt. Agt.—W.E. Downing, Cincinnati, O.

So. Wn Agt.—W. A.. S. Wheeler, New Orleans, La.

Chief Engineer — B. Burwell, Jr., Jacksonville, Fla.

Master Trans.— M. V. Raley, Jacksonville, Fla.

Auditor— T. W. Roby, Jacksonville, Fla.
, Gen. Counsel— J. A. Henderson. Tallahassee, Fla.
; Gen. Trav. Pass. Ag.— W. G.Coleman, Jacksonville, Fla.
; Mast. Mech.—E. Burton, Fernandina, Fla.
I Gen. Road Master— B. M. Burroughs, Jacksonville, Fla.

313 Florida Midland Uy.

! Receiver — A. E. Drought, Kissimmee, Fla.
i President— John H. Buttrick, Kissimmee, Fla.
| Vice-Pres.— Edward Page, Kissimmee, Fla.
; Sec. & Treas.— A.. Carpenter, Kissimmee, Fla.

Gen. Man. — John H. Dawe, Kissimmee, Fla.
! Gen. Fgt. & Pass. Agt.—J. E. Barnes. Kissimmee, Fla.
I Auditor— G. W. Barnes, Kissimmee, Fla.

Gen. Coun.—A.. F. Odlin, Orlando, Fla.

314 Florida Southern RR.

President— John W. Candler, Boston, Mass.
Vice-Pres.— Charles C. Deming, New York. N. Y.
Sec. & Treas —Frank Q. Brown, Boston, Mass.
Cashier— S. E. Mills, Jacksonville, Fla.
Gen. Manager— R. B. Cable, Jacksonville, Fla.
Gen. Fgt. Agt.—J. P. Beckwith, Jacksonville, Fla.
Gen. Pass. Agt.—G. D. Ackerly, Jacksonville. Fla.
Gen. Auditor— J&». E. Starke, Jacksonville, Fla.
Superintendent— W. B. Denham, Palatka, Fla.
Chief Engineer— C. R. Knight, Jacksonville, Fla.
Master of Trans.— E. A. Ford, Palatka, Fla.
Chief Master Mechanic— Wm. Rutherford, Palatka, Fla.
Asst. Supt. Char.Har.Div.— Robert Gamble, Bartow,Fla.
R'dMast.&Supt.Br'gs&B'ld'gs— J.S.Jolly,Palatka,Fla.

' ' Bartow- Fla'

e\Wm' W> Crapo' New Bedford, Mass.
Vice-Pres.— H. C. Potter, Saginaw, Mich.
Sec. & Treag.—H.. C. Potter, Jr., Saginaw, Mich.
Gen. Man.— W. H. Baldwin, Jr., Saginaw, Mich.
Gen. Supt.—W. F. Potter, Saginaw, Mich.
Div. Supt.—L. T. Chubbuck, Port Huron. Mich.
Train Mast.— Chas. S. Cheney, Saginaw, Mich.
Traf. Jfan., in ch'ge of, )

Gen. Bag.Agt. & Gen. VA. Patriarche, Saginaw, Mich.

Tk.. d- Fgt. Agt. \
Auditor— G. W. Ledlie, Saginaw, Mich.
Purch. Agent— E. F. Weld, Saginaw, Mich.
Chief Engineer— W. B. Sears, Saginaw, Mich.
Gen. Atty.—VfisneT & Draper, Saginaw, Mich.
Land Comm'r— A. W. Newton. Saginaw, Mich.
Master Mech.—T. J. Hatswell. Saginaw, Mich.
Supt. R'dway & Struct.— G. M. Brown, Saginaw, Mich.
Car Service Agt. — J. H. Simoson, Saginaw, Mich.
Supt. Water Lines— E. M. Wratten, Ludington, Mich.
Gen. W. Agt.—L. C. Whitney. Wilwaukee, Wis.
Trai: F. & P. Agt.—K. F. Moeller. Saginaw, Mich.

( P. F. Gaines. Manitowoc, Wis.
Com. Agts. < W. H. Henderson, -

| F. E. Parker, Bay City. Mich.

Purch. Clerk-J. H. Bland, Jacksonville, Fla.
Gen. Counsel— J. R. Parrott, Jacksonville, Fla.

315 Fonda. Johnstown and Glovera-
vllle RR.

President— W. J. Heacock, Gloversville, N. Y.
Vice-President— D. A. Wells, Johnstown, N. Y.
Treasurer— John McNab, Gloversville, N. Y.
Secretary— C. W. Judaon. Gloversville, N. Y.
r Q t j -a, -** A * * Lawton Caten, Glovers-
Gen. Supt. & Purch. Agt. — - ville N Y

Fore. Loco. Rep., Mast. Car ) c v pllt.nftTn rinvpr^viiip
Rep., Mast. Car Painter >G-J • ?utnam' Gloversvalle,
tfe Mast. Mach. \ •N'1'

Gen. Frt. Agt.—lil. F. Button, Gloversville, N. Y.

Gen. Couns.—A. D. L. Baker, Gloversville, N. Y.

316 Fort Payne and Eastern RR.

President— W. P. Rice, Fort Payne, Ala.

Vice- President— Horatio Adams, Boston, Mass.

2d Vice-President— F. H. Tobey, Fort Payne, Ala.

See. & Treas.-W. T. Dunn, Ft. Payne, Ala.

Gen. Supt. & Chief Eng.— W.T. Carley, Fort Payne. Ala.

Auditor— J. F. McGowan, Ft. Payne, A^a.

317 Fort Smith, Paris and Dardanelle RR.

President— B. W. Bush, Neosho, Mo.
Vice President— Thomai Bowles, Fort Smith, Ark.
See. A Supt.— P. D. Peters, Neosho, Mo.
Trtamrer — J. W. Bush, Neosho, Mo.

The Silver Question, up to the time of the resumption of specie payments, January
1, 1879, is ably treated by H. V. Poor in his work " Resumption and the Silver Ques-
tion;" price, $1, post free. Order of your bookseller, or send direct to the publishers,
H. V. & H. W. Poor, 70 Wall St., New York.

61

62

BOOKS FOR BANKERS

AND OTHERS.

THE BANKER'S MAGAZINE, Established 1846. ALBERT S. BOLLES, Editor.
Monthly, $5.00 per year ; single copies, 50 cents.

THE BANKER'S ALMANAC AND REGISTER, Pioneer Bank Directory. Estab-
lished 1851. Edited by ALBERT S. BOLLES. Issued in January and July.
Price, for a single copy of either edition, $4.00 ; yearly subscription,
(including monthly supplement of changes), $7.00.

PRACTICAL BANKING, A handsome book of 326 pages, filled with exhaustive
information on the subject of banking. A practical work in every sense.
Invaluable to bank officers and employes, commercial teachers and all per-
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Eighth Edition. Price, in cloth, postpaid, $3.00.

BANK OFFICERS; THEIR AUTHORITY, DUTY AND LIABILITY, By ALBERT

S. BOLLES, author of " Banks and their Depositors •" "The National
Bank Act and its Judicial Meaning;'"' "Practical Banking." Lecturer
on Banking and Trusts in the Law Department of the University of the
City of New York, and Editor of "The Banker's Magazine." This work
contains 451 pages. Price, in cloth, $4.00 ; law sheep, $4.50.

THE LAW RELATING TO BANKS AND DEPOSITORS AND BANK COLLEC-
TIONS, By ALBERT S. BOLLES. 554 pages. Price, in cloth, $4.50 ;
law sheep, $5.00.

THE NATIONAL BANK ACT AND ITS JUDICIAL MEANING. With an Appen-

dix, containing Official Instructions and Eules Relating to the Formation
and management of National Banks, United States Bonds, and the Issue and
Redemption of Coins and Currency. By ALBERT S. BOLLES. Second
Edition. It contains 400 pages. Price, in cloth, $3.00 ; law sheep, $3.50.

STOCK TABLES, By FRANKLIN W. LANTZ, A.M. Price, $2.50.

PUBLIC DEBTS OF EUROPE. By ALFRED NEYMARCK, author of "Tin-got
and His Doctrines," and numerous works on Political Economy, French
Finance, Legislation and Railroads. Pamphlet. Price, 50 cents.

BY

ROMANS PUBLISHING COMPANY,

233 Broadway, New York.

FOR-GKO.

POOR S DIRECTORY OF RAILWAY OFFICIALS.

318-330

318 Fort Worth and Denver City H> .

President— Morgan Jones, Fort Worth, Tex.
Vice- President— G. M. Dodge, New York, N. Y.
2d Kce-President-S. H. H. Clark, St. Louie, Mo.
Treasurer— J. G. Jones, Fort Worth, Tex.
Financial Agent — J. G. Harris, Boston, Mass.
RfqMrar of Bout/*— E. Canfield, New York, N. V.
Sec. & Auditor— W. A. Ross, Fort Worth, Tex.
Gen. Supt. & P. A.-i. D. Moore, Ft. Worth, Tex.
Cashier— George Strong, Fort Worth, Tex.
Road Matt. & S\m. fidgs.—J. Casey. Fort Worth, Tex.
Superintendent— J. V. Goode, Fort Worth, Tex.
Gen. Fgt. & Pass. Agt.—V. B. Keeler, Ft. Worth, Tex.
.V. Mch. £• Car Rep. — E. W. Hayes, Ft. Worth, Tex.

319 Fort Worth and Rio Grande RR.

Chairmanofthe Board— H. B. Hollins, New York. X. Y.
Pres. & Gen. Stint.— John Hornby, Fort Worth. Tex.
Vice-President-C. M. Wicker, New York, N. Y.
Treasurer— J. Van Rensselaer, Fort Worth, Tex.
Sec., Gen. Fgt.& Tkt. Agt.— Rich. Lord, Ft. Worth,Tex.
Gen. Auditor— A. K. Dixon, Ft. Worth. Tex.

•• f w-

Mast. Trans. &Car Acct.—K. A. Miller, Ft. Worth. Tex.
Mast. MacVy—C. H. Burk, Fort Worth, Tex.
Gen. Atty.—N. H. Las?iter, Fort Worth, Tex.
Chief Surgeon— J. T. Feild, Fort Worth, Tex.

320 Fountain Head RK.

President— George Borgfeldt, New York. N. Y.
Vict-Pre*.-Geo. F. Pfeiffer, New York, N. Y.
Treasurer— Joseph Kahle, New York, N. Y.
Gen. Man.— M. O. French, Knoxville, Tenn.
Superintendent— R. T. Baker, Knoxville, Tenn.
Gen. Coun. — James Dunne, New York, N. Y.

321 Franklin and Me gait tic RR.

President— V. B. Mead, Boston, Mass.
Gen. Coun., Treat.. Sec., & \ Philip H. Stnbbs, Strong,
Gen. Fgt. & Tkt. Agt. f Me.

*' - Charles P. Bryant, Strong, Me.

Mast. %Tacn*, Rd. Mast.. Supt. Bridges, ( W. S. Heath,
Fuel Agt., & Mast. Car Repairs f Salem, Me.

Fore. Loco. Rep'rs — D. H. Ciishman, Kingfield, Me.
Master Car Painter— J. L. Vallier, Strong, Me.

322 Fremont, Elk horn and Missouri Valley
RR. Sioux City aud Pacific RR.

OFFICERS OF BOTH RAILROADS.
President— Marvin Haghitt, Chicago, 111.
^fjlP^' F--> E- & •"• V i Albert Keep, Chicago, 111.

Treas. cfe Comptroller— M. M. Kirkman. Chicago, 111.
Sec. cfe Auditor— J. B. Redfield, Chicago, 111.
Auditor of Ex.— W . H. Stennett. Chicago, HI.
Ticket Auditor— W. F. Van Bergen, Chicago, 111.
Freight Auditor— J. O. Clifford, Chicago, 111.
Gen. Counsel— W. C. Goudy, Chicago, 111.
Gen. AWy— John B. Hawley. Omaha, Neb.
Gen. Manager— H.. G. Burt, Omaha, Neb.
General Supt.— C. C. Hughes, Omaha, Neb.
Gen. Pass. Agt.—J. R. Buchanan. Omaha, Neb.
Gen. Fgt. Agt.—K. C. Morehouse. Omaha, Neb.
Asst. Gen. Fgt. Agt.— Amos H. Merchant, Omaha, Neb.
Gen. Bag. Agt.—O. W. Whittlesey, Missouri Valley. In.
Chief Engineer— J. E. Ainsworth, Omaha, Neb.
Parch. Agent— Charles Hay ward, Chicago, 111.
Land Com. — C. E. Simmons. Chicago, 111.
Mast. Mechanic— -S. A. Teal, Omaha. Neb.
Car Acc'tant— C. C. Pardee. Missouri Valley, Ta.
Supt. of Tele.—W. P. McFarland, Missouri Valley, la.
Tax Com.— F. P. Crandon, Chicago, 111.
r™ Ani, J R- R- Ritchie, Omaha. Neb.
ren. Agts. •} R c Cheyney^ Sioux City. In.
Gen. E. Pass. Agt.—H. A. Gross, New York, N. Y.
^V. E. Pass. Agt.—J. E. Brittain, Boston, Mass.
Trav. Pass. Agt.—J. H. Gable, Des Moines, la.
Trav. Fgt. Agt.—G. N- Foresman, Omaha, Neb.
Div. Fgt. Agt.—W. A, Harmon, Deadwood, So. Dak.

322 Fremont, Elkhorn and Missouri Valley
RR. Sioux City <fc Pacific fLVL. — Continued.

Lirt- Stock Agt.— Hugh Chittick, Fremont, Neb.

Division Superintendents— H. C. Mahanna, Fremont.
Neb.; C. H. Reynolds, Norfolk, Neb.; E. C. Harris,
Chadron, Neb.

Mast. Car Build.— W.H.Ramseyer, Missouri Valleyja.

Supt. Br. cfe Buildings— Y. M. Marsh, Omaha, Neb.

Foremen Car Repairs and Roundhouses — J. J. Daly.
Fremont, Neb.; C. J. Chapman, Norfolk, Neb. ; C. C.
McPherson, Long Pine, Neb. ; G. L. Harner, Chadron,
Neb. : W. M. McKenzie, Superior, Neb. ; Joshua C.
Crawford, Sioux City, la.

Road Masters— \\rn.1. Crook, Fremont, Neb. ; Frank
Ramsdell, Fremont, Neb. ; Martin Johnson, Fremont,
Neb. ; James O'Bryan, Missouri Valley. la. ; Peter
Slafford, Norfolk. Neb. ; Michael Stafford, Atkinson,
Neb. ; Stephen Chady, Oakdale, Neb. ; D. F. Sullivan,
Chadron, N*b. ; H. Hooker, Chadron, Neb. ; P. O'Don-
nell, Long Pine, Neb.

323 Fulton County Narrow-Gauge RR.

Pres. <& Gen. Man.—S. H. Mallory, Lewistown, 111.
Vice- President— Henry Phelps, Lewistown, 111.
Secretary — D. J. Thayer. Lewistown, III.
Treasurer— Moees Turner, Lewistown, 111.
Sup. <fi G. F. & P. A.— A. C. Atherton, Lewistown, Hi.

324 Gadsden and Attalla Union RR.

President— J. M. Elliott, Jr., Gadsden, Ala.

Vice- President — Chas. A. Ly'.erly, Chattanooga, Tenn.

'• M- I" Foster, Gadsdeo, A,a.

Ch. Engineer— R. C. Venable, Gadsden, Ala.
Matter Mechanic — J. L. Curry, Gadsden, Ala.

325 Gainesville and Dahlonega RR.

Receiver— W. A. Charters. Dahlonega. Ga.
President— W. P. Price, Dahlonega, Ga.
Vice- President— C. C. Sanders, Gainesville, Ga.
Treasurer— .lames Williams, Gainesville, Ga.
Secretary— H. H. Perry, Gainesville, Ga.
Chief Eng.— J. J. Gail'lard, Gainesville, Ga.

326 Galveaton and Western Ry.

President— Walter Gresham,Galveston, Tex.
rice-President-^ . E. Wallis. Galveston, Tex.
Secretary— W.m. Selkirk, Galveston, Tex.
Treasurer— W. L. Moody, Galveston, Tex.
Gen. Manager — A. M. Shannon, Galveston, Tex.
Chief Engineer— R. H. Peek, Galveston, Tex.

Wilham M- Selkirk, Galveston, Tex.

327 Geuesee and Wyoming Valley Rj .

President— Robert S. Walker, Retsof, N. Y.
Manager & Treas.— Charles Q. Freeman, Retsof, N. Y.
Gen. P. & T. Agt.— Charles H. Root, Retsof, N. Y.
Superintendent— E. R. Chapin, Retsof, N. Y.

328 Genesis and Obed River RR.

Pre*. & Gen. Man.— Lina Beecher, Crossville. Tenn.
Vice-Pres.& Gen.Sup.—S. W. Youngs, CrossviJle, Tenn.
Sec. & Treas.— G. A. Seaver. Crossville, Tenn.
Chiff Engineer— M. C. Massie, Crossville, Tenn.

329 George's Creek and Cumberland RR.

President — George L. Kingsland, New York. N. Y.
Sec. & Treas.— W. De L. Walbridge, New York. X. Y.

Gepurch,H'A&t \ J- A- Millholland> Cumberland, Md.
Chief Eng.— J. P. Gaffney, Cumberland. Md.
Mast, of Trans.— E. D. Marean. Cumberland, Md.
Road Master— K. F. Seeley, Cumberland, Md.

Thomas McCann, Cumberland, Md.

330 Georgetown and Western RR.

Pre-sident-F. Booss, New York, N. Y.
1 Asst. to Pres.—E. J. Gilligan, New York. N. Y.
' Vice- Preside nt—Rewv Grasse. New York, N. Y.
; Treas. cfe Sec.— C. W. Boo*e, New York. N. Y.

Gen. Pass. Agi.—W. R. Bnie, Georgetown. S. C.
: Gen. Fgt. Agt.—T. W. Brightman, Georgetown, S. C.

63

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source from which you can get Complete and
Authentic Information about the Industrial South.

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its advantages and its growth — whether from the stand-
point of a Manufacturer, Railroad Man, Engineer,
Contractor or otherwise, write for a sample copy of the
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Address

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TTS Efficiency as an Advertising Medium
is vvell known to those that have used it.
Let us quote rates on your card.

GEO-GRA.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

331-342

331 Georgia, Carolina aud Northern RR.

-.t— R. F. Hoke, Raleigh. N. C.
Vice-President— H. C. Hoffman, Baltimore, Mil.

"iH.—L. R. Watts. Portsmouth. Va.
Gen. Manager— John C. Winder, Raleiirh. N. C.
Sec. & Treasurer— J. M. Sherwood, Atlanta. Ga.
Traf. Miin.—O. V. Smith, Norfolk, Va.

G. Ft. tfc Pa**. Agt.—Y. C. Ryan. Portsmouth, Va.
Gen. Superintendent— I*. T. Myers, Portsmouth, Va.
Dlv. Sup.—Jnv. H. Winder, Atlanta. Ga.
T/w. .-!»/<#.— W. T. Tucker, Raleigh. N. C.
Auditor— J. G. Williams. Athens, Ga.
Auditor of Tickets— T. H. Wright, Wilmington. N. C.
PwvA. J'gtf.— John C. Winder, Raleigh. X. C.
Oar Accountant— W. P. McGehee. Raleigh, N. C.
Engineer— O. L. Cloud, Atlanta, Ga.

* J- J- Jowins, Athens, Ga.
^ c Warren Clinton. S. C.

334 Georgia, Midland aud Gulf RR.

President— J. E. Granniss. New York. N. Y.
Vice- President— J. F. Flonrnoy. Columbus. Ga.
Secretary cfc Treas.—T. C. S. Howard, Columbus, Ga.
. G. Jordan, Columbus. Ga.

CMeflfnff.—W. S. Greene, Columbus, Ga.
6fe». Ft. c(- 7*. .1.— Clifton Jones. Columbus. Ga.
J/ffrf. Mech.—J. D. McPhail. Columbus, Ga.
-S'///)/. Bridie*— 3. B. Glover, Columbus, Ga.
Auditor— R. B. Wells, Columbus. Ga.
Com'l Agt— W. E. Estes, Columbus, Ga.

333 Georgia Railroad.

. . Green, Augusta, Ga.

Treasurer— W. T. Richards. Augusta, Ga.
Superintendent — S. A. Hemphill, Augusta, Ga.
Gen. F. &, P. A.— A. G. Jackson. Augusta, Ga.
Fue1 Agent — J. B.Johnson. Atlanta, Oa.
Soliciting F. A.— S. W. Wilkes. Atlanta. Ga.
Auditor— Carlton Hillyer, Augusta, Ga.
Matter Mech.— John S. Cook, Angueta, Ga.
Mn*t. Cur B'r— Elwood S. Scheetz. Augusta. Ga.
R'>f.i'l Matter— W. M. Robinson. Auirusta. Ga.
Train Master — Geo. R. Ferguson. Augusta. Ga.

T>vr/-fr <s,iru »« ) Jonn W- Bel1' Harlem. Ga.
Ttack Supervs. j John Robbs Atlanta Ga

Car Account' t— IS.. W. Win sard, Augusta, Ga.
Gen. T. P. A.— Joe W. White, Augusta, Ga.

f H. R. Bernard. Athens, Ga.
rv>n/ ;rw j/,/0 j W. L. Boyce, Mac on. Ga.
CMt. Fgt. Agt».\ Thomas McAfee. Chattanooga, Tenn.

IT. H. Moore. Nashville, Tenn.
Gen W. Agf.—D. J. Mullanev, Cincinnati, O.
Gen. So. West. Agt.-\V. C. Price, Kansas City, Mo.
Gen. Agt.—Theo. G. E<rer. New York. N. Y.
N. E. Ayt.—J. A. Flanders, Boston, Mass.

334 Georgia Southern aud Florida RR.

Pre*. d& Kec.—W. B. Sparks. Macon. Ga.
Secretary <fc Trea*. — H. L. Jewett, Macon, Ga.
Gen. Man. (t- Pur. Ayt. -Jeff Lane. Macon. Ga.
Auditor Earnings & Rec. — A. F. Sherwood. Macon, Ga.
Auditor Expenses— J. R. Austin. Macon. Ga.
Gen. Counsel— Gustin, Guerry & Hall, Macon, Ga.
Traffic Man.— A. C. Knapp. Macon. Ga.
Gen. Fgt. Agt.—C. B. Wilburn. Macon, Ga.
Master Mechanic— Geo. D. Harris, M;icon. Ga.
Superintendent— S. C. Hoge, Macon, Ga.
Road Master— O . M. Grady. Macon. Ga.
Chief Engineer— B. C. Milner. Macon, Ga.
r.n Anonf« ( H. C. Knox. Nashville, Tenn.
ren. Agents - Jameg Menzie^ paiatka. Fla.

Trar. Fgt. Agt.—3. H. Dorsey, Macon, Ga.
Trar. Pa**. Agt.—E.. Burns, Macon, Ga.

335 Gettysburg and Harrisburg RR.

President-^. A. McLeod. Phila.lelphia. Pa.
Treas. & Sec.— John M. Butler, Philadelphia, Pa.
Gen. .S'tpf.—W. H. Woodward. Carlisle. Pa.
And. ct Gen. Fgt. Ar/t.— Chas. F. Shower, Carlisle, Pa.
Chief Engineer — A. E. Lehman, Carlisle, Pa.
Master Macft.—3o\m Christman. Pin-- G've Fur., Pa.
FnrtiiKin fur R<-p*. — John Faller. Carlisle, Pa.
Ma*t. Car Painter— P. Filler, Carlisle, Pa.

336 Goodyear. Neillsville aud Northern Ry.

—D. A. Goodyear, Portage. Wi>.

Secretary— S. R. Richardson. Tomah. Wis.
Superintendent— Afam Gabe, Goodyear, Wis.
Chief Engineer— T . B. Beebe. New Lisbon, Wis.
Auditor— Frank M. Hart, Tomah, Wi>.

337 Graftou aud GrtMMibrier RR.

I President— John Bradshaw. Grafton. W. Va.
1 V.-Prc*. & G. M.—J. E. Hall. Philippi. W. Va.

Treasurer— J. W. Talbot. Philippi. W Va.

Secretary— A.. G. Dayton, Philippi. W. Va.

Auditor— J. M. Allen, Grafton. W. Virginia.

333 Graftou and Upton RR.

President & Gen. Man.—E. P. Usher, Grafton, Maes.
Vice-President—^ Albert Walker, Portsmouth, N. H.
Secretary tC- Treasurer— A. G. Morse. Boston. M
Gen. Supt., Gen. Tn.tf. )

Man. tt- Gen. Ft. '& > Frank W. Morse. Graf ton. Mass.

Tkt. Agent )

339 Graud Rapids aud Indiana RR.

¥-*. tC- Land Cotn.—W.O. Hughart, G'd Rapid s, Mich.

• J- H- P. Hughart, Grand Rapids. Mich.
^en. Coa'n.—T. J. O'Brien, Grand Rapids. Mich.
P< i>///) nfter — Henry Sullivan. Grand Rapids, Mich.
Gen. Pats.d- Tkt. Agt.—C. L. Lockwood, G'd Rap. .Mich.
Gfti.Fgt.Agt.—E. C. Leavenworth, Grand Rapids.Mich.
Chief Engineer— G. S. Johnson. Grand Rapids. Mich.
Qen. Auditor— Y. A. Gorham. Grand Rapids. Mich.
Gen. Bag. Agt.—E. Wygant. Grand Rapids. Mich.

i J. H. K'. Burgwin. Grand Rapids, Mich.
Road Masters -\ F. S. Bowen, Kalamazoo, Mich.

f Jas. Levy, Portland, Ind.

Mrt*t. Mech.—J. E. Keegan. Grand Rapids, Mich.
A.**t. Land Com.—W. S. Howard, Grand Rapids, Mich.

340 Grand Rapids Transfer and Junction

RR.

President— Franklin B. Wallin. Grand Rapids. Mich.
Viee-Pr«#ident—Tbom*g S. Wallin, Grand Rapids.Mich.
S*c. & Treat.— Van A. Wallin, Grand Rapids. Mich.

341 Grand Southern Ry. of New Brunswick.

President— Thos. Barry, St. George, N. B.

Gen. Manager— J. N. Greene. Bangor. Me.

Sec. & Assf.Geii.Man.—3. E. Lynott, St. George. N. B.

Treasurer— Hugh Ludgate. St. George. N. B.

Supt. Traf. Man. ft- E/ig.—Y. W. Holt, St. George. N. B.

Mast. Mechanic— Thomas Logan, St. George. N. B.

Road Master— John Flinton, St. Stephen, N. B.

342 Grand Tower and Cape Girardeau RR.

President— E. A. Hitchcock. St. Louis, Mo.
Vice-President— W. O. Garrison. St. Louis, Mo.
Secretary— J. D. Peters, Murphysboro', 111.
Treasurer — O. L. Garrison, St. Louis, Mo.

If you want information about new or projected railroads, consult the General Index
and Table of Contents. Special information not contained in this book will be furnished
at a nominal charge by Poor's Information and Investigation Bureau. 70 Wall St., New
York.

65

66

THE TRAVELERS-
OFFICIAL GUIDE

OF THE

RAILWAY AND STEAM NAVIGATION LINES

OF THE U. S., CANADA AND MEXICO.

The Standard Reference Book u§ed by all railway officials for

business transacted between the several companies.

The Lists of Officers, and other information, are corrected up to the date of each
monthly issue.

The Time Tables published in its columns are compiled directly from the Official Time
Tables which are used by the employes, and i;rom information furnished by the Officers in
charge of Time Table Department of the several roads.

It contains, in addition to the Lists of Officers and their addresses, which are published
at the head of the Time Tables, an Official List of the Officers in charge of General Ticket
Department, with the names of the parties to whom remittances and on whom drafts for
the settlement of such accounts should be made ; an Official List of Purchasing Agents,
with their addresses; an Official List of Officers in charge of Car Service Accounts, by whom
reports are made, to whom reports should be sent, and upon whom drafts should be drawn ;
also a list of Railway Commissions of the various States, Traffic Associations, their Officers, etc.

The standard of time by which each road is run is noticed at the head of each table,
and, in addition to this, a page is devoted to a table of the names of the roads running by
the several standards. Upon the front page of the cover of the OFFICIAL GUIDE is a
diagram showing the standards of time in use in the principal cities.

A large number of fine Sectional Maps, showing the lines of the several roads, embel-
lish the pages of the book. Also a dissected map covering the whole United States,
Canada and Mexico (north of Vera Cruz).

A full list of all names by which the various railroads in the country have formerly
been known, with their present official titles, is also a feature.

The gauge of each road shown. Morning trains are distinguished from afternoon
trains by varying the style of type.

For sale at all prominent News Stands and on Railway Trains.

Subscription Price, $5.00 per annum. Single Copies, 50 Cents.

PUBLISHED BY THE

National Railway Publication Company,

W. F. ALLEN, MANAGER,

24 Park PlaceH9 Barclay St., New York.

229 and 231 S. Fifth St., Phila., Pa. 166-168 Adams St., Chicago, III.

GRA-GRE.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

344-349

344 Grand Tower and Cape GIrardeau
RR. — Continued.

Sui*rintrn'l>at—Y. H. Batcher, Murphysboro', 111.

Tkt. d- Ft. Agt.— Edward brown, St. Louis, Mo.

/,'>///•*, M< i*t. i j w Lewi*
r,/r Paint. ,M<t*t. Mach. > ' jf>rpi;

Rd.Mst.fc Sup.of Hrg*. ~J&». Anderson, G'd Tower, 111.
Par. Agt.—*. L'. Sherer, St. Louis. Mo.
Tran*ftr Agt.— Farmers' Loan & Tr.Co.,New York.N. V.
Auditor— J. P. Foster, St. Louis, Mo.

343 Grand Tower and Carboudale RR.

,,t— E. A. Hitchcock, St. Louis, Mo.

. ,{• Treas.—O. L. Garrison, St. Louis, Mo.
••try— Joseph D. Peters, Carbondale, 111.
Pnn-li. Agent— S. L. Sherer, St. Louis, Mo.
Matt. Mech-.& Ma*. J jonn^r LeWiSi Murphysboro', Til.

Superintendent— Y. H. Batcher. Murphysboro', 111.

rkt. cfc Fgt. Agt.— Edward Brown, St. Louis. Mo.
/. Brg*. d Rd. Ma*t.—J**. Anderson, G'd Tower, 111.
T. P. Foster. St. Louis, Mo.

344 Grand Trunk Ry.— Continue'/.

Gen. Pass. <fe Tick. Agt.—W. E. Davis, Chicago, 111.
Mechanical Supt.— H'. Roberts. Detroit, Mich.
Gen. Storekeeper — J. S. Lorimer, Detroit, Mich.
i Gen. Solicitor— E. W. Meddaogh, Detroit. Mich.
Gen. Hutjrj. Agt.—J E. Quick, Detroit, Mich.

344 Grand Trunk Ry.

EXECUTIVE OFFICERS.

President— Sir Henry W. Tyler, M. P., Edmonton, Eng.
Secretary— J. B. Renton, London. Eng.

OFFICIALS OF THE SYSTEM.

Gen. Manager— L. J. Seargeant, Montreal, Que.
Asst.Gen. Manager — Wm. W ainwright, Montreal, Que.
Asst. to Gen. Man.—G. Percy, Montreal. Que.
Treasurer — Robert Wright, Montreal, Que.
Mechanical Supt.— Herbert Wallis, Montreal, Que.
Traffic Auditor— J. F. Walker, Montreal. Que.
Accountant— H. W. Walter. Montre.il, Que.
Gen. Fgt. Agt.— John Burton, Montreal, Que.
Asst.Gen. Fgt. Agt.— J. J. Cunningham. Montreal. Que.
Gen. Pass. Agt.—N. J. Power, Montreal, Que.
Gen. Storekeeper— John Taylor. Montreal, Que.

f John Bell, Q. C.. Belleville. Ont.
cw-,,-/^ o J Geo. Macrae. Q. C.. Montreal, Que.
Solicitors 1 E w Meddaugh, Detroit. Mich.

l^Hon. A. A. Strout. Portland. Me.
Fgt. Claim Agt.—J. Broughton, Montreal. Que.
Car Accountant— W. H. Rosevear. Montreal. Que.
Stationery Agt.—U. K. Ritchie, Montreal. Que.
I A. White, Toronto, Ont.

Dist. Gen. Fgt. Agts. 4 A. H. Harris, Montreal. Que.
f J. Earls, Hamilton, Ont.

DIVISION OFFICERS.

Supt. all lines e?- }

cept Sp'n & Weird V Jas. Stephenson, Montreal. Que.

Divisions }

Supt. So'n d_Wetl'd Div.—C. Stiff, Hamilton, Que.

t£ i

- R- Tiffin- Stratford, Ont.
James Webster, Allandale, Ont.

Track Department.

\Ch'«f Enr/.G.T. Dir.—E. P. Hannaford. Montreal, Quo. I
\Chief Eng. fr. TJ'. Div.-^ Jos. Hobson, Hamilton, Ont. |

GRAND TRUNK SYSTEM— ASSOCIATED LINES.

Chicago and Grand Trunk Ry.
[President— L. J. Seanreant. Montreal. Que.
^Treasurer— Ja.s. H. Muir. Detroit. Mich.

Gtn. Manager— W. J. Spicer. Detroit. Mich.
[Superintendent— A. B. Atuater. Detroit. Mich.
\Asst. Supt.— A. R. Mclntyre, Battle Creek. Mich.
\Traf. Man.— George B. Reeve. Chicago. 111.

Freight Agent— Jus. McQueen. Jr.. Detroit. Mich.

Gen. Frt, Agt.— David Brown, Chicago, 111. I

67

Detroit, Grawi Haven and Milwaukee Ry.

'if— L. J. Seargeant, Montreal. Que.
I Ass't to Pres.—C. Percy, Montreal, Que.
: Sec. & Treas.—J. H. Muir, Detroit. Mich.

Manager — W. J. Spicer. Detroit. Mich.
1 Superintendent— A. B. Atwater, Detroit, Mich.

Traf. Manager — John W. Loud, Detroit. Mich.

Gen. Pass. & Tick. Agf.—\V. E. Davis. Chicago, 111.

Gen. Bag. Agt.—J. E. Quick, Detroit, Mich.
i Chief Engineer— George Masson. Detroit. Mich.
! Mechanical Svperinfift—fl. Roberts. Detroit. Mich.

Gen. Storekeeper— John S. Lorimer, Detroit, Mich.
1 Solicitor— E-W. Meddaugh, Detroit, Mich.

345 Grassy Island RR.

— Andrew Langdon, Buffalo, N. Y.
. H. Stearns, Buffalo, N. Y.
Treasurer— Geo. T. M. Tilden, Buffalo, N. Y.

346 Great Eastern Ry.

President — M. S. Lonergan. Montreal, Que.
Vice-President—^. B. Chaffee, Montreal, Qne.
Sec. & Treas. — S. J. Simpson. Montreal, Que.
Auditor — R. Watson, Montreal. Que.
Gen. Manager— C. N. Armstrong, Montreal, Que.

3' F- Armstrong, Montreal, Que.
Superintendent — A. Lariviere, Montreal, Que.

347 Great Falls and Canada Rj .

President— Sir A. T. Gait, Montreal. Que.
Vice- President— T. E. Collins, Great Falls, Mont.
Treas., Sec. & Solicitor— W. A. Barr. St. Paul, Minn.
Gen. Auditor— B.. F. Greenwood, Leth bridge. Alberta.
Gen. Manager— E. T. Gait, Lethbridge, Alberta.
Gen. Supt.—Vf. D. Barclay, Lethbricige. Alberta.
Traffic Agt.— A.. Martin, Lethbridge, Alberta.
Accountant— J. E. Lethbridge. Great Falls, Mont,
Matt. Mech.— T. McXabb, Lethbridge, Alberta.
Road Master— George Seaman, Great Falls, Mont.

348 Great Northern Ry.

President— T. J. Sullivan. Albany. N. Y.
Vice-President— R. Prefontaine. Montreal. Que.
Sec., Treas. & Man .— L. A. Globensky. Montreal, Que.
Chief Engineer— C. S. Baker, Montreal, Que.

349 Great Northern Railway Line.

EXECUTIVE DEPARTMENT.

Pres. Great Nor. Ry.—J&mes J. Hill, St. Paul. Minn.
Vice-Pres. Gf. Xor. Ry.—W. P. Clough, St. Paul, Minn.

^ !"T- J- H>~man' St" Pau1' Minn-
. I" W' S- Alexander, St. Paul, Minn.
Pre*. Mont. 'C. £y.—V. A. Broadwater, Helena, Mont.

TREASURY DEPARTMENT.
Treaf. <£ Atst. Sec. G. 1

East. Ry. of Min,,. J

Tr€Clf' }E- T- ^lchols> >'ew York City.
ACCOUNTING DEPARTMENT.

e \C- H" Warren> St- Pa
Auditor Dtibur?emen<S} R.Lparrington| St.

68

NATIONAL

Car and Locomotive Builder

NOW IN ITS TWENTY-THIRD YEAR,

LARGEST CIRCULATION OF ANY RAILROAD PAPER

Among Managers, Superintendents, Purchasing Agents,

Blaster Afcc/i antes, Waster Car IBuilders, and

Railroad Wen Generally in the

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Over 6,000 New Subscribers in One Year.

Advertisers will receive more returns for their money in
the NATIONAL CAR AND LOCOMOTIVE BUILDER than
any other Railroad paper. We can refer to many of the
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the paper. Also to a large number of Railroad men who do
the buying for railroads.

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14=0 CTdssAVL Street,

GRE-GRE.

POOR'S DIRECTORY OF RAILWAY OFFICIALS

349—351

349 Great Tortliem Ry. JLiiie. — ( .W

Ca\'AJ?™Lineni G' 1C' H' Cannon' St- Paul< Minn"

LEGAL DEPARTMENT.

Gen .*ot. G. y. Line— M. D. Grover, St. Paul, Minn.
' G. X. Lint—C. 13. Yale, St. Paul, Minn.

**$*$$£* AgetU I" R- A- Wilkinson. St. Paul, Minn.
Atty. East. JRv.Qf Minn.— 3*XOe* Spencer. Duluth. Minn.
Atty. Mont. C. By.— I. D. McCutcheon, Helena, Mont.

LAND DEPARTMENT.
Land Com. G. X. Ry.—Vf. W. Bni-ien, St. Paul, Minn.

OPERATING DEPARTMENT.

.Van. G. X. Ry. I A L jjohier. St. Paul, Minn.
Line d-Jfonf. < . Ry. »

-'<////•. (r. .Y. Ry.—C. W. Case. St. Paul, Minn.

' E. B. Wakeman. St. Paul, Minn.
IT. -\ . Ky. I-

*'' Ry' \ F' A' Merrill» West Superior, Wis.

9N. Iff* \J- B- Rice' St" Pau1' Minn'
>'&rB£*\nRy:'e \ R- W- Br-van' Minneapolis, Minn.

'//;:- ^'ot'ifie''n j- C. H. Jenks, Barnesville, Minn.

x/zz . (r..\ . ^ry. *

?. Dakota Dir. G. X.Ry.— E.J.Evans.Larimore,N.Dak.

349 Great Northern Ry. JLine.— Con''

Gen. Bag. Agt. G. X. Line—S. A. Smart, St. Paul, Minn.
Gen. /•>/>. ,(-' POM. A<jt. • W. A. Carpenter,

Kt*t'. Ry. of Minn. ) St. Paul, Minn.

Astt. Gen. Fat. d- )

l'<i<*. Af/t. Ea»ft. -P. A. Rockwell, St. Paul, Minn.

//'/. "'

Staii. Montana Cen. Rv.—L. E. Johnson. Helena. Mont.

S'ipt. Tel. G. y. Ry.-3. B. Kins. St. Paul Minn.

St. Din. & Sleep. Cars— Geo. L. B'onney, St. Paul, Minn.

MECHANICAL DEPARTMENT.
Iefrj (- J. O. Pattee, St. Paul. Minn.

Dinslon Ma*i(r Mech finw*— Frank Bruce, Barnes
ville, Minn.; J. R. Van Cleve, Great Falls, Mont.

Locomotire Foremen— G. W. Dearinsr. Minneapolis,
Minn.: J. A. Key, St. Cloud. Minn.: Wm. Kelly. Will-
mar. Minn.: W.'H. Slichteu. Breckenvictoe, Mi'nn.: A.
D. Sherrf, Grand Forks, X. Dak.; H. Martin, Crooks-
ton, Miun.: S. G. Mason. Minot. N*. Dak.: J. H. Collin-
son. Devil's Lake, N. Dak.; R. P. Herbold. Gla<iro\v,
Mont.; G. T. Sanderson, Havre. Mont.: G. H.Webster.
Great Falls. Mont.: J. R. Morrison. St. Paul. Minn.;
W. H. Smith, Blackfoot, Mont.: R. Newell. Williston.
Dak.

General Car Foreman— S. Oakley, St. Paul, Minn.

ENGINEERING DEPARTMENT.

C*£In$. %X' RV' \ X- D- Miller' St- Pau1' Minn"
E"rt "v2?'ffv Way !' A" IL Hcgeland, St. Paul. Minn.

GENERAL AND TRAVELING AGENTS.

f L. W.C'ampbell.130 Jackson St.,Chicagro, 111.
| E. S. Jackson, 8-U First St.. Portland, Ore.
: -'ft*. F. F. Connor,l8 MUgomery St..S.Fran..('al.
W. F. Herman.155 St.Clait:St., Cleveland,O.
LS. L. Warren, 39:3 B'way, Milwaukee. Wis.
Gen. Af/t. E. M. I?>j.—W. C. Farrington. Duluth. Minn.
Gen. Eastern Agt.-L. W. Lake. 375 B'way, New York.
Trav. Pass. Agt.—Y. W. Hnntinst JIK 375 B'way, N. Y.
f A.. C. Harvey, -^s Washington St,

Boston. Mass.
? 156 jeflferson Ave..

Detroit, Mich.

TrarTrf \ W. A. Sewaru.-^SWashin^tonSt.. Boston. M:t-<.
Agts. '( George A. Butler. Boston, Mas>.

Canadian Agt. J- J" *• *****

Commercial ( J. H. McAdoo, 94 Fourth Ave.,
Agt. \ Pittsburgh. Pa.

Trar. Pa#$. d- Fgt. Ayt.—'W. J. Byrth, Chicago, 111.

Trnn p«*- ) w- M- Romine, 393 Broadway.

i/t Milwaukee, Wis.

Agts. \ L c Stebbins Helena. Mont.

~- G" McMickeu. Winnipeg, Man.
T _, J-. . , \ J. G. Dawes. St. Paul. Minn.
Tiai. Ffft. Affto. - j w searles. St. Paul, Minn.
Lire Stock Agf.—C. F. McDaniels. St. Paul. Minn.
j.,/, '( -^ax Ba93- St. Paul, Minn.
Acjts. | j Bookwalter. Great Falls, Mont.
Cont. Fat. Agf.—J. J. Wair, St. Paul, Minn.
Agent— J. H. Grace, 50 S. Third St., Philadelphia, Pa.

MANITOBA-PACIFIC AGENTS.

! Trar. Past. • W. H. Long, 2*3 Fourth St.,

Agt. \ Des Moines, la.

Tru'c. Pat*, i E. C. Oviatt, 156 Jefferson Ave..

Agt.

Detroit, Mich.

SUPPLY DEPARTMENT.
Purch. Ayt.—J. W. Blabon. St. Paul, Minn.

TRAFFIC DEPARTMENT.
Gen. TraW Van. ,. w w Fink,y Sr paul

GeA^^ ^ I' F- L Whitney, St. Paul. Minn.

A*£x*x£gt' Arjt' !• n- E- Danz- St- Pau1' Minn-

V'Esi*f£'co. °' X' !'W- ':- Footlier- St. Paul. Minn.

350 Great Salt Lake and Hot Springs Ry.

President— Simon Bambenrer. Salt Lake City. Utah.
1st Vice Pre*i</>-rif—John Beck. Salt Lake City. Utah.

.'//-.— Rawlins & Critchlow. Salt Lake City. Utah.
Secretary— Charles Pearson, Salt Lake City, Uta'h.

. Agt. d- Treas.
Gen. And. d~ <'0ii<p.— W. T. Ketler, Salt Lake City, Utah.
Supt. Bridges. , JRoad I H. S. Joseph, Salt Lake C ty,

J/"'/>/. d- WdffEng. \ Utah.
3fa*t. Mach. c(- Car Rep., < D. Burnfield, Salt Lake City,

Fore. Loco. P^}i. \ Utah.

Purch. Agt.— James F. Woodman, Salt Lake City, Utah.

Green Bay, Winoua & St. Paul RR.

Sloan, New York. N. Y.
Vtce-PrfS.— Joseph Walker, jr.. New York. N. Y.
Sec. cfe Treas.— Theodore Sturges, New York. N. Y.
G. Man. <£ Pnr. Ao'.—S. W. Champion. Green Bay. Wi<.
Superintendent — F. B. Seymour. Green Bay. WK
Gtn. Fgf. A Pa**. A«f.-J. B. Last. Green Bay, Wis.
A>/flifor—Y. W. Froemke. Green Bay. Wis.
Car Accountant— F. E. Teetshorn, Green Bay. Wis.
Hatter Mech.—A.. Fenwick, Green Bay. Wis"

The record of a railroad as a " dividend-payer " is usually the best criterion of the
value of its securities. Consult Poor's Hand-Book of Investment Securities for such
information. Special reports furnished by Poor's Information and Investigation Bureau.
70 Wall St., New York.

69

70
THE TWELFTH ANNUAL EDITK)N OF

—THE-

National Car g Locomotive Builder

"SUPPLEMENT"

WILL BE FUJBJLtlJsiHED IIV JULY, J**O^.
1st. WHAT WILL IT CONTAIN?

IT WILL CONTAIN complete lists of every CAK and LOCOMOTIVE BUILDER, CAR
AXLE, CAR WHEEL, and CAR SPRING MANUFACTURER, and all the RAIL

MILLS in the United States.

Complete lists of the STREET RAILROADS in the United State? and Canada— their Gauge,
Weight of Rail, Mileage, number of Cars and Horses, Officers1 Names and Addresses.

The Railroads (both Steam and Street in Mexico. Central and South America, and the West Indies, with
the Gauge. Weight of Rail, Mileage, number of Cars and Locomotives. Officers' Names and Addresses, etc.

2d. HOW WILL IT BE CIRCULATED?

IT WILL BE DISTRIBUTED gratuitously to every person whose name appears in it, and in addition will
be sent to every GENERAL MANAGER, SUPERINTENDENT, PURCHASING AI4ENT,
MASTER MECHANIC, MASTER CAR-BUILDER, MASTER CAR-PAINTER,
CHIEF ENGINEER, and ROAD MASTER of all Railroads in the United States and Canada.

3d. WILL IT PAY TO ADVERTISE IN IT?

YES : FOR THE REASON that the ADVERTISEMENTS in this paper form a conveniently indexed col-
lection of TRADE CIRCULARS of nearly TWO HUNDRED of the best and most responsible Manufact-
urers of Railroad Material, a collection not to be obtained in any other way ; and it is tin- experience of the
publisher, during the past rive years, that Railroad Officials and others keep the " Supplement " on their desks or
hung near at hand throughout the year for reference, using it 'not only as a Directory, but as an Illustrated
Catalogue.

ANOTHER REASON is that it enables you to show the different designs or large illustrations of whatever
you manufacture, at a comparatively small co*r, le*s, in fact, than k would cost you to send out circulars, ami
in a much better manner, for circulars are. as a rule, thrown away ; but, by having your circular bound with
others, and in such a convenient form, IT WILL A LAV AYS BE PRESERVED. The size of the
page is 14 inches deep by 9% inches wide.

We respectfully refer to the prominent manufacturers who have advertised in the paper from
its first issue, MANY OF THEM NOW TAKING DOUBLE THE SPACE THEY
COMMENCED WITH.

4th. HOW MUCH WILL IT COST?
RATES OF ADVERTISING:

One Page (14 in. deep, 9 }£ in. wide), One-half Page, . . . .$75.00

4 columns to the page, . . $125.00 One-third Page, .... 60.00

Three-quarters Page, . . 100.00 One-quarter Page, .... 50.00

Two-thirds Page, .... 90.00 One-eighth Page, . . . 30.00

Smaller Spaces, $10 for first inch, and $5 for each additional inch (single column, 2% in. wide .
Space on the front cover, $25 per inch, single column. Space on the back cover, $10 per inch, sin-:*..
column. _

IF YOU WISH TO INSERT AN ADVERTISEMENT, ADDRESS

NATIONAL UOC^VE BUILDER

"SUPPLEMENT,"

Morse Building", 140 Nassau Street, New York, N. Y.

JOHN N. REYNOLDS, - - Proprietor.

GRE-HAN.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

352-364

352 Greenfield and Northern RK.

/,./,. Mmayer—T. A. Miller. Greenfield, Mo.

353 Greenlick Narrow-Gauge Ry.

/' - ,fc G. Supt.—D. H. Pershing, Stauffer's Station, Pa.

i Twos.— Geo. H. Sewell, Scottdale, Pa.
2)-,c. S*pt.—V*l*i White, Scottdale, Pa.

354 Green Mountain Ry.

(Operations suspemU-d. >

••/•— F. H. Clerque. Bansror. Mr.
•/vr— F. M. Laughton. Bangor, Me.
0m, .'A//'. M. H. Wardwi-Il. Bangor, Me.

355 Green Pond, Walterboro' & li ranch -
ville RR.

Pr^\— H. S. Haines. 12 W. 23d St. New York. N. Y.
7><?a$. cfc Sec.—J. Moaltrie Lee. Savannah. Ga.

>>//>/. — C. S. Gadsden. Charleston, S. C.
G'». Frt. ,t-P,i*.i.A.—E. P. McSwiney. Charleston, S.C.
Auditor tfc P>./r. Agt.— 3. E. Smith, Charleston, S. C.

356 Green Ridge RK.

President rf- P»/r. Agt.—F. Mertens. Cumberland, Md.

.t'tr— Win. M. Mertens. Cumberland. Md.
S>n)t. — Edward Scliilling, Cumberland. Md.

357 Greenwich and Johnson ville RR.

Prf»idftit — W. D. Robertson, North Greenwich, N. Y.
V'f*-rro*idri't — Horton Cottrell. Greenwich. N. Y.
irer—C. H. Van Ness, Greenwich. N. Y.
'•y— E. H. Gibson. Greenwich. N. Y.
PW. t(- 7W. .-I//*.— E. D. Wilcox. Greenwich. N. Y.
Van. tfc Arid.— J. H. Thompson, Greenwich. N.Y.
Engineer— Henry Kimball. Greenwich. N. Y.
Road Matter— R. W. Cook. Fly Summit. N.Y.

35S Gulf and Chicago RR.'

Tict-Prefid-nt—J. W. T. Falkner, Oxford. Miss.
See.. Gen. Man. d- Pur. Agt.—C. L. Harris. Ripley, Miss.
Treasurer— E. F. Campbell. Memphis, Tenn.
6v/;. Pa**. Agt.—\\. C. Harris. Ripley. M

Fgt. Afft.—lA. C. Falkner. Hipley. Miss.
Car Accountant— W. H. Phelps. Ripley. MS-
Road J/«W*>— G. W. Gipson. Ripley. Mi^-.

359 Gulf and Ship Island RR.

Pre*id^.f—\\. H. Hardy. Meridian. Mis-.

Secretary— J. B. Dumont. New York. N. Y.

C'. £>/. it- 0. >•'////".— W. W. Hungerford, Gulfport, Mi.-s.

360 Gunpowder Valley RR.

President— G. W. S. Hoffman, Baltimore. Md.

361 Gulf, Colorado and Santa Fe Ry.

I' Geor='e C' ^oun. New York: N. Y.
•'—Allen Manvel, Chicago, 111.

*

3«1 Gulf, Colorado and Santa Fe Ry.-

Contin »>•</.

G. /tox. & Tkt.Aat.—n. G. Thompson, Galveston, Tex.
t'fii. hag. Agt.—D&n Driscoll. Galveston, Tex.
Master Mech.— Joseph Billingham, Galveston, Tex.
.l.ssV Matt. Mec/>..—J&*. McDonough, Galveston, Tex.

ft/i- s-,/»i..r»ij/*n//<» /v ' (;- s- Hayden, Temple. Tex.
I'ti. '^in>rjini>'iia-i''* - D n. -p. - r*i u m

• r . 1 . Downs, Clebtirne, Tex.
Siipt. Tftegraph—R. B. Gemmell. Topeka. Kan.
Siipt. Transportation— S. K. Wheeler. Galveston, Tex.
X'/y^. Track Iirg*.<{- Hid,)*. H. It. Irvine, (ialvest., Tex.
' v/xA/v/1 <fc P' master — Alfred C. Torbert. Galveston, Tex.
/J/V. JT4MC.JMMft.-J. Brady. Galveston. Tex.

Train Masters — J. M. Gruber. Cleburne, Tex. : F.

A. Taylor, Temple, Tex.

Rood Matter*— 3. to. Bisbee. CK-burne, Tex. : r. A.
Lehman, Temple. Tex.

A**ixfant Jtoad Ma*t<-rf>-- W. Charles, cleburne. Tex. ;
J. J. Hess, Clebnrne, Tex. ; M. Sweeney. Gainesville
Tex. : H. Lyons. Dallas. Tex. ; H N. Newland. Alvin.
Tex.: A. F. Gibson. Bn-nham. Tex.: J. G. Meenan.
Goldthwaite, Tex. : Tom Warren. Santa Anna. Tex. ;

B. F. McCumsey. Navasota. Tex.: F. Hartman. Dallas,
Tex.

Bridge Mftxffru— D. W. Lahey. Cleburn-. Tex. ; K. S.
Hull. Temple. Tex.

For-ni--,' Wiit-r Supply— P. Mullen, Cleburne. Tex. ;
J. L. Seibert. Temple, Tex.

362 Hamilton and Kingston RR.

P?e*ident— Frank Clark, Hamilton. Mo.
Vice- President— §. G. Rogers, Kingston, Mo.
Secretary — John Marenb, Hamilton, Mo.
Treasurer — James A. Kathourn. Kingston, Mo.
G-i>. Man.-.}. H. Botthoff. Kingston, Mo.
Gen.. And.— Elmore H. Johnson. Kingston, Mo.
Gen. Affy — Crosby Johnson, Kingston. Mo.

363 Hancock and Calumet RR.

President — Chas. Bard, Norwich. Conn.

I Trea*.— John Tully. New York. N. Y.

Manager— C. A. Wright. Hancock. Mich.
Gen. Ft. «{- Pax*. Agt.— R. H. Brelsford. Hancock. Mich.
Auditor t{- Ca*hin'—C. M. Hoar. Hancock. Mich.
Ma*t. Mechanic— 3no. Shields, Hancock. Mich.

}f,,Mter—O\e Olsen. Hancock. Mich
Must. Gar Builder— C. Ansie. Hancock. Mich.
Parch. Agt.—V*. J. Uren, Hancock. Mich.

364 Hannibal and St. Joseph RR.

Kansas City, St. Joseph and Council Bluffs

RR.

OFFICERS OF BOTH RAILKOAUS.

.— A. A. Robinson. Topeka. Kan.
4'A nce-JRrw.— Geo. Sealy. Galveston. Tex.
ConijttroUer— John P. Whitehead. Boston. Ma».
^r. cfc Treat. — John M. Bird. Galveston, Tex.
A»st. Sec.—L. C. Deming. Boston. Mass.
A^-'f. Tiea*.—Geor^' L. Goodwin. Boston, Mass.
A ndi tor— Walter E. Lufkin. Galveston. Tex.
Gen. Counsel— John J. McCook. New York. N. Y.
solicitor— George R. Peck, Topeka, Kan.

for /-. ..,-.,/ s— J. W. Terry, Galveston. Tex.
frY». CZoHn Ant.— H. S. Downey. Galveston. Tex.
Land tt- T'/.r Com.—T. W. Jackson. Galveston, Tex.
Genera! Manager— C. O. Wheeler. Galveston. Tex.
-l.-.v1. Eng.—Jf. W. Wambaiiirh. Galveston. Tex.
P-irch. Ar/f.—V>*. G. Tuller. CblCOgO, 111.
6'e// Storekeeper— T. O. Wood, Galveston, Tex.

W— A. B. Merrick. Galveston. Tex.
Gen. Fgt. A'/f. — W. U. Master-, Galveston. Tex.

f \n1& » C. O. Shepherd, Gal veston. Tex.
t. Agt«. . Jagi M< Steere) Dallas, Tex.

. E. Perkins. Burlington, la.
V.-P. cfe Trea*.-J. C. Peasley. Cliicaao. 111.
',''/ ~\~ice-Pre#.— Geo. B. Harris. Chicago. 111.
Secretary — W. J. Ladd. Boston. Ma--.
.l.^/*. Treas.—J. H. stureis. St. Joseph. M.>.
Ld. Com.,H. & St. ./.—Geo. N. Mills. S . Joseph,. Mo.
r^an vri-~-fn*o * Spencer. Buriis Jc Mosman.
Gen. Solicitor*] }St. Joseph. Mo.
PayOMUter—Jf.. B Merriman. St. Joseph. Mo.
Tran*. Agt.— 3. L. Carter. Boston. Ma«.
General Manager — W. C. Brown. St. Joseph. Mo.

nt.— S. E. Crance, St. Joseph. Mo.
3»p(. E. Dii. II. cfc St. J.—C. W. Levey. Keokuk, la.

3>/pf.F.Du-.H.<f-.St.J.— W.E.Cunningham. Hannibal Mo.
*>Utt. W.Div.H.J-St.J.—P. H. Honlahan. Brookfield, Mo.
Asst. Supt.—E. G. Fish. Kansas City. Mo.
Chief Engineer— L. F. Goodale. St." Joseph. Mo.
Xapt. Car tfc SJKC. Frt. ,SV/r.— Geo. H. Ross.Chicago. 111.
Ma*t. Mfcl,., E. Div.—N. J. Paradise. Hannibal. Mo.
.Vast. J/fc/i.. W. Div-.—F. A. Chase, St. Joseph. Mo.

°- M' Shry°ck' Hannibal. Mo.
f: ;- T.Aylesbury.St. Joseph, Mo.

. " I' T'' B- JoUnson, Hannibal, Mo.

Fore. Car Paint., ff.<& St. J.— E. Bailey, Hanuibal, Mo.

71

Complete Census of 1S9O.

RAND, McNALLY & CO.'S

Business Atlas

AND

SHIPPERS' GUIDE

OF THE

UNITED STATES, CANADA AND MEXICO,

WITrf MAPS OF ALL FOREIGN COUNTRIES.

The special value of this years Atlas over other years is in the
completeness of the 1.90 Census Report. In addition to the revised
figures which we shall give for all places shown in 1880, we have the
exact population for over 25,000 places which have sprung into
existence since then and are now, for the first time, given to the
public, not only with a perfect index of their location and how to
reach them, but they are by means of these population figures placed
upon a proper commercial basis with other places, and as these
figures are to remain as the only official record for another ten
years, now is the time to get them.

Each page will be 15x21 inches in size, and contain new Double-
Page Maps of all Important States and Mexico.

They show the railroads in separate color, and the county
boundaries outlined.*

RAND, McNALLY & COMPANY,

166 and 168 Adams Street, Chicago.
323 Broadway, New York.

IlAX-IIor.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

364—37-5

364 Hannibal and St. Joseph RR.— Cunt.

v 'r- F- Harrai1- st-

\"d' Mast.. 'w'.THr.— Jap. Murphy. Brookfield. Mo.
/.'" /'/ JA^.. Z*. Dir.—W. T. Larison. Hannibal. Mo.

^ " '"' -

|- Jos.Hayward. St. Joseph, Mo.

jSi'/nf Bridget* F. Dh-.— H. Zimmerman. Hannibal. Mo.

Bridges, H". Die.— A. J. Carter, Brooktield, Mo.
>',//,/•. Trlujrnph— I. T. Dyer. St. .Joseph. Mo.
6V;,. /Vx.s-.' ,f 7V/.-A-. Af/t.-A.. C. Dawes. St. Joseph. Mo.
.-U-'Y 6V/>. 77,V. ,(• /W-. Jvf.-H. C. On-. St. Louis. M.».

' /lit 40*.— Howard Elliott. St. Louis. Mo.
. . ~ ET . , , i J. S. Bartler. St. Joseph. Mo.
Asst. Gen.Fgt. Agt*. -, D o Iv,,s Sr Louis Mo

Gen. Baggage Agt .— E. A. Sadd. Chicago. 111.
, , \ H. L. Palmer, Kansas City. Mo.
G(H. Agent*} K j Johnston. Kansas Cily. Mo.
Gen. Eastern Agf.—E. J. Swords. Xr\v York. X Y.
Pur. Ir/rnf — George Hargn-aves. Chicago, 111.
Supply Agt. //. ,t- .v/1. -A— J. W. Lane. Hannibal. Mo.

g (" ' w- J' Broivn- st- Jo?ePb- Mo-

J^'W — W.'ll. Schenck. Brookfield. Mo.

6v,,. A>"lir»r— J. L. Lathrop. Chicago, HI.

Axditot—C. M. Carter. St. Joseph. Mo.

.-Uv/ Itid'itor—G. B. Dinibar. St. Joseph. Mo.

.4 ml. E'-p.—C. W. A. Currlidire. St. Joseph, Mo.

Ft. litd.-G. W. Miller. St. Joseph. Mo.

Th-H-tt A'l'Htnr—Y. D. H.-ermance. St. Joseph. Mo.

Trar. Anil.Jl.d- *t. J.—\.. S. Sherman. St. Joseph, Mo.

Tr''' K ("

r>

- Taylor' st-

' Mo-

Co/1 Accountant — Jno. Dumbell, St. Joseph. Mo.

363 Hannibal Union Depot Co.

Pre*i/.l<:t)f— Chas. M. Levey. Keokuk, la.

Trea*. — John H. Stunris. St. Joseph. Mo.
Superintended— G. X. Lee. Hannibal. Mo.

366 Harriinaii Coal anil Iron RR.

upt. Bl

T. cC- F.

t—X. W. Wairnalls. Xe\v York. X. Y*.
tdent—W. H. Russell. Harriman. Tenn.
'try— Frederick Gates. Harriman. Tenn.
Treasurer— 3. D. Wolstenholme. Harriman. Tenn.
6>/,. Man. tt- P. A.— Geo. \V. Easier, Harriman. Tenn.
Chief Eng., £d. Matt., (Qeo. S. Simpson, Harriman,
t. Bldy*. \ Tenn.

. Afft.—A.. A. Hopkins, Harriman. Tenn.

. !• Geo- H- Duthie' Harrima"' Ten"-

f. Tr<in«i).— Y. L. Roberts, Harriman, Tenn.

Agt. — Central Trust Co.. Xe\v York. X. Y*.
Auditor — J. K. Hayward, Harriman. Tenn.

367 Heclaaud Torch Lake RR.

President— Alexander Airassiz. Boston. Ma— .

Sec.. Treas. it- P. A.— La Roy S. Gove. Calumet. Mich.

Superintendent— V?. A. Childs. Calumet. Mich.

Supt. Motive Power — Hillary Messimer, Calumet, Mich.

36S Herkimer, Newport and Polaud Ry.

Prr»i'l*»f—'W. Se\vard Webb, Xew York. X. Y

V.-P. <(.- ten. J/'//,.— Ed\v. M. Euros, Middleville. X. Y*.

Treasurer— V. G. Smith, Xe\v York. X. Y.

Sec. (& Auditor— Thomas E. Merritt, Xe\v York, X. Y.

369 Hlbernia Underground RR.

Prtsi'lent — George Richards, Dover. X. J.
^•"•rf tnrt/ — Wm. H. Lambert, Dover. X. J.
Treasurer— Tbomia J. Bouve. Boston. Mass.

370 Iloducnville and EIizabethto>vu Ry.

President— Jacob Hubbard. Hodgenville. Ky.
Vice-President— 3o\m Echols. Louisville. Ky.
'n^r — J. B. Weaver. Louisville. Ky.

371 Hoosac Tunnel and Wilmington RR.

Prf^'l-nt— Daniel H. Xe\vton. Holyok^. M
Vice- President— Jsuaos Ramaire. Holyoke. Ma>s.
Trrnxurrr— .John (.'. NVwfnii. Holyoke. M

'/•// <(• Am.! — Jas. S. Xewton. Holyoke. M
>',///. riniendent — M«~t-s Newton. Holyoke. Ma—.

Chief Eng.—E. Walther. Holyoke M

A'/f.—\V. B. McClellaw, Wilmington, Vt.

372 Hot Springs RR.

PrFfft (<i'"rkf"f' !" L' D' Richardson- Hot Springs. Ark.
r;r,-/V,.v. ,(• 7V»iw.— B, M. Dickey, Chica-'

S*AcK T^-<''"' I M- X- Pi'rce' Hot Spring*, Ark.
Master Mach.-^. A. Han-Jin. Malvern. Ark.
Hood Master A 8upt. \^ F T Ar»iVpm ArL-

ofBt-; \ • • *• lurner- Mawwn, Ark.

Gen. Atfy.—J. M. Moore, Little Rock, Ark.

373 Housatouic RR.

Prextrtfnt—W. H. Starbuck. Xe\v York. X. Y.
V.-Pre*. it- G. M.— W. H. Stevenson, Bridgeport. Ct.
Secretary d- Treat.— M. E Stone. Xe\v York. X. Y.
A**t. Treasurer— C. E. Robinson, Bridgeport. Ct.
A.^f. Secretary— A~ J. Porter. Bridgeport, Ct.
Gen. Pa-^eiifier Af/t,>f—\. W. Pen-in. Bridgeport. Ct.
Gen. Frtl'/hl A^>if--H. C. Cogswell. Bridgeport. Ct.
.4 .->•/. G. Frt. Af/t.—C. P. Van Alstyne. Bridgeport. Ct.
Auditor— H.. W. Snow. Bridgeport. Ct.

\ W. K." Lyon. Bridgeport. Ct.
Tnr. SuperintendcNte- F. C. Payne. Danbury. Ct.

I J. P. Hopson. Xe\v Haven. Ct.
Sujii. Motire Pmcer-H. Ryder. Falls Village. Ct.
Road Master— F. C. Clark.' Falls Village. Ct.

374 Houston and Slireveport Ry.

Presi'fiHt— Marcus C. Hawley, Xew York. X. Y.
Sec. & Treas.— 3. H. Jenkins. Xew York. X. Y.
Gf,,. Mm', d- P. A.— M. G. Howe, Houston. Tex.
Gen. S'jpf. — J. C. Matthews. Houston. Tex.
Gen. T. d- F. Ayf.~R. S. Collins, Houston. Tex.
Ma*t. Car Rep.—E. A. Campbell. Houston, Tex.
Road Ma*t.— J. L. Walsh. Shreveport. La.
Si/pf. Bridrit* — J. Henning. Houston. Tex.
6V//. A»'litor—E. Dorgan, Houston, Tex.

373 Houston and Texas Central RR.

President— Charles Dillingham, Houston. Tex.

Secretary <f- A»<?ifor—U.. Hall. Houston. Tex

A^f. Auditor— J. C. Kidd. Houston. Tex.

Trar. And.— P. Wilson. Dallas. Tex.

Treasurer— E. W. Cave. Houston. Tex.

--1 •*•*/. Treasurer — W. Cameron, Houston. Tex.

J .«.-*•/.. Sw.,(- A.**t. Trmx.— Isaac E. Gates. Xew York.X.Y.

Chief En'/. <£• G*i>. Sn),t. — G. A. Quinlan. Houston, Tex.

TrajfU Manager— Daaaic] Ripley. Houston. Tex.

Gen. P. <£• Tkt. Ar/t.—X. Faulkner. Houston, Tex.

Gen. Frit. Agf.—H. A. Jones. Houston. Texas.

Gen. Bar/. Agt.—W. S. Xapier. Houston, Tex.

Ma*/er Mach.—C. H. Burns. Houston. Tex.

Master Car B'n'der — James McGee. Houston. Tex

Land c(- Ta.i- Com.—C. C. Gibbs. Houston. Tex.

Car Accountant— C. J. Jaqua. Houston. Tex.

lioad Masters — Duncan McDonald. Houston. Tex. ;
H. Brown, Corsicana, Tex. ; P. Fanning, Dallas, Tex. ;
M. E. Rosers, Austin, Tex.
Gen. E. Aat.—E. Hawley. New York. X. Y.
Gen. W. Ac/f.—\V. G. Xeimeyer. Chicago. 111.
E. Pass,. Agt.— If. H. Xutting, Xew York, X. Y.
Trnc. Pass. Af/t.—R. R. Robins. Houston. Tex.
Trar. Fgt. Ayf.—C. F. Byers. Houston. Tex.
fL. Hohenthal. Houston. Tex.

't int* J R A- ^i11^- Fort Worth, Tex.
I AfftS. Chas_ H Morrill> gt Louis> Mo

I J .R. Christian. Galveston. Tex.
. I.*/ ]>i. .-J. M. Lee. Houston. Tex.
. 2<J Dic.-L. A. Daffau. Enuis, Tex.

PETTIBONE, MULLIKEN & CO., Chicago, 111.

Switch Stands, Head Chairs, Jenne Track Jacks.

Railway World,

PUBLISHED

EVERY SATURDAY,

BY THE

RAILWAY WORLD PUBLISHING COMPANY,

No. 137 SOUTH FIFTH STREET,

J. B. ECCLESINE, Jr. THOS. W. FERNON,

PRESIDES T. TREASURER

TERMS:

$4.OO per Annum, in Advance.
Foreign Subscription, $5. GO per Annum, in Advance.

1DAILWAY Managers, Officers, and Employes, Railway Me-
**- ** chanics and Engineers, Railway Stock and Bondholders,
Dealers in Railway Supplies, Coal Operators, Shippers and
Dealers, and all who wish to obtain PROMPT AND ACCU-
RATE INFORMATION relating to railways, will find in its
weekly contents a large amount of matter of special interest.
Advertising rates furnished on application.

Ho L*- ILL.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

376-384

376 Houston Belt and Magnolia Park RK.

Man.— Jas. A. Baker, Jr., Houston, Tex.
j T. D. Cobbs, Houston, Tex.

,V_.T. Waldo/Honston, Tex.

-n-fr— R. B. Morris. Houston, Tex.
-•/;;/., G. Tkf. <{• F. A.. I Beth B. Strong, Houston.
P. A. ,(• Gen. A '"I. j Tex.

M«*t. " Li*». 7?'//.. i C.N. A.De Bagligethy.

&/. M<t*f., <fe Xiipf. /Mr/*. « Houston. Tex.
I'/ //*.— Jones & Garnett. Houston, Tex.

377 Houston, East and West Texas Ky.

'•/•»,.. ,(• P. A.— M. G. Howe. Houston, Tex.
' ((• Trxi*. — T. W. House. Houston, Tex.
Wce-Pregtdent—R. P. Hill. Houston. Tex.

// <(• Amlitor — E. Dargan. Houston. Tex.
t—3. C. Matthews. Houston. Tex.
Gen. Frt. CC- Pa**. Ac/l.—R. S. Collins. Houston. Tex.

W. Pr. ,(• IfadL— E. A. Campbell. Honston,Tex.
Supt. Ttler/raph—3. C. Hill. Houston, Tex.
M»«r>,' Car Builder— R. \. Campbell. Houston, Tex.
Road Matter— 3. L. Walsh. Nooogdoches, Tex.
Road Master— G. Melville. Houston. Tex.
F>tel Agent— W. A. Polk, Houston. Tex.

378 Humeston and Shenandoah RR.

• f— W. W. Baldwin, Burlington. la.
Treasurer — James F. How, St. Louis. Mo.
A**t. Ti'f««. <(• A'iditor—3. H. Ells. Clarinda. la.
GJf^Sec.A P>/r.Ar/f.—Er<kine C. Murphy, Clarinda, la.
G-n. Frt. t{- Pn**. Ar/f.—ll S. Nelson. Clarinda, la.
Master Mechanic— Q. Knapp, Shenandoah, la.
Road Matter — David McGreevy, Clarinda, la.
Matter— E. P. Griffin, Clarinda, la.

379 Hunter's Run and Slate Belt RR.

President— 3. C. Fuller, Pine Grove Furnace. Pa.

7>>v/.*. — J. M. Butler, Pine Grove Furnace, Pa.
S'iperiiittndent—&. C. Givler. Pine Grove Furnace. Pa.
Chi-f Enrj.— A. E. Lehman, Pine Grove Furnace, Pa.

3SO Huntingdon and Broad Top Moun-
tain RR.

President— Spencer M. Januey. Philadelphia, Pa.
&SC. d- Treaa.— 3. P. Donaldson, Philadelphia. Pa.
'r. ,,. Man. d- Tkf. Ar/f-i,t--G. F. Gage. Huntingdon, Pa.
Conx'slt'iiia Ettg.-P. E. Womelsdorf. PhilipBODrg, Pa.
Matter Mechanic— C. R. Yohn, Saxton. Pa.
Pay Iff*, d- P»r.Ar/f.—$. B. Knk'ht. Philadelphia, Pa.
Road Master— Wm. A. Hummel. Huntingdon. Pa.
X'ifif. Jlridr.if.-i— E. C. Fritchev. Huntingdon, Pa.
Auditor— Wm. A. Foster, Philadelphia, Pa.

381 Huiitinii-toii and Big Sandy RK.

Pr(*i(/fnt—Z. T. Vinsor. Huntington, W. Va.
Vii»-PretMent—'R. H. Prichard, Catlettsburg, Ky.

•"'^'v' **C' \3 L- Caldwell, Huntington, W.Va.
Cldtf Ei'fjineer— Geo. McKendree. Huntington. W. Va.

3S'2 Hiitchinson and Soutlieru RR.

i—R. A. Christy. Chicago, 111.

*.— Geo. H. Duckworth, Cincinnati. O.
Treas.—'E. E. Wise, Chicago, 111.

/•0i/,,*fl—C. B. Matthews. Cincinnati, O.
Secretary— Chas. H. Davis. Cincinnati. O.
G'.i" nil Mann.'/'!' — R. X. Archer. Cincinnati, O.
As?r. .—0. P. Byers, Hutchinsou. Kan.

Traffic Man.— Chas. Collins. Hutchinson. Kan.
Auditor — Herman Teepen, Hutchinson, Kan.

3S3 Idaho North and South RR.

•ft— J. F. Curtis, Boise City. Idaho.
'ulr/if—T. R. De Lamar, Lamar, Idaho.
,—Wm. H. Ridenburgh. Boise City, Idaho.
Secretary — J. A. MoGee. Nampa. Idaho.
Purch. Agent — W. J. Hilands. Cleveland. O.
Superintendent— E. S. Van Kuran, Boise City, Idaho.

384 Illinois Central System.

EXK< TTIVK OFFICERS.

— Stnyvegant Fish. Chicago. 111.
.l.v.v/. in tfi>- President— John Dunn. chic:i'_'o, 111.

•'---J. C. Wei line. Chicago, 111.
•->'/ r;< J. T. Harahan. Chicago. 111.

iry—X. G. HackstafT. New York. N. Y.
A**t. 2^ Vice-Pres— C. A. Beck, Chicago, 111.

LEGAL DEPARTMENT.

Gen. Counsel— B. F. Ayer, Chicago. 111.

'licitor— Jas. Fentreps, Chicago, 111.

ACCOUNTING DEPARTMENT.

And. of Frt. Rfrfipt*—F. Fairman. Chicago. 111.
A'ni. of Pass. Receipt*— A. D. Joslin. Chicago. 111.
Aud. of l)'n*b'ir**ii»-iit* --Isaac Anderson. Chicago. 111.

» W. Q. role. Water Valley. M
Trnf. Auditors- W. S. Pinney. Chicago, 111.

/ Walter Newell. Chicago, 111.

TREASURY DEPARTMENT.

Treasurer— Henry De Wolf. Chicago. 111.

A**f. TreasiD-n—E. T. H. Gibson. New York. N. Y.

Paymaster — B. Moe. Chicago, 111.

Local Treas.—M. S. Charles. New Orleans. La.

Asst. Payjnast.—Jolm Watkins, Chicago, 111.

OPERATING DEPARTMENT.

Criif-f Eiir::,,» r— J. F. Wallace. Chicago, 111.

— L. T. Moore. Chicago, 111.
-////.- -A. W. Sullivan. Chicago. 111.
.^n pt. so'itlifrn Lints — O. M. Dunn, New Orleans. La.
Supt. Xorfhn'n Lh"r.--—J. G. Hartigan. Chicago. II!.
Supt. I' — M. Gilleas. Dubuque. Iowa.

La.

Supt. of Machinery— Henry Schlacks. Chicago. 111.
A*><f. S"pf. of Machinery— Vtm. Eenshaw. Chicago, 111.
S'fpf. Tran*.—S, G. Russell, Chicago. 111.
Car Accountant- J . M. Daly, Chicago. 111.

tor of Bridges— A.. G. French. Chicago. 111.
^[</xf^•r Carpenter— Win. Harper. Chicago. 111.
Supt. of Tel. Xo. ct-Tr//. Linef—C. S.Jones, Chicago, 1:1

S"pt. ofTderj. So. Lines— G. M. Dugan. Jackson, Tenn.
TRAFFIC DEPARTMENT.

Traffic Manager— T. J. Hudson. Chicago. 111.

••••'ifflc Mfin.—yi. C. Markham. Chicago, 111.
Paw. Ar/f.—A. H. Hanson. Chicago, 111.

^ J. F. Merry. Manchester, 111.

Ax.-t. G. P. Arjt*.- J. W. Cole'mau. New Orleans. La.
/ C. A. Kniskern, Chicago, 111.

r: HV,;- • : "'• R- Ba.com, Chicago, IU.

Fgt.Afft.So.Hru»—D. B. Morey. New Orleans. La.

Asst. G. Ft'. A. So. L.— W. M. Rhett". New Orleans. La.

9*n. Frjt. <C- P. A.— F. L. Drake. Memphis. Tenn.

Gen.E'nAyt.—G. H. Stearns. 343 B' way. New York.N.Y.

Gen. Arft.—C. A. Florence. 228 Wash. St.. Boston. Ma>>.

\~-rM M*tern ' K. J. Williams. 1-J9 E. Third St..
-i^/«A * St. Paul. Minn.

Northern Frjt.} Thos. Fairbairn, 07 Michigan St..

Agent ( Milwaukee. Wis.

f, . . , \ S. S. Herman. Philadelphia. Pa.
Lont. Arjl*. -f c T Scaife >[ernphis. Tenn.

^». .Vo. Pa**. Ar/r.—F. B. Bowes. Chicago. 111.
Qm. >VA jP«.vx. Ar/f.— Win. Murray. New Orleans. La.
<?<•;?. £«</• -4^7/.— II. A. Winter. Chicago, 111.
Stationer — A. J. Simpson, Chicago. 111.
Land Commissioner— Edward P. Skene, Chicago, 111.

;-L' P' Morehouse, Chicago, 111.

Railway History is a special feature of Poor's Manual of Railroads. You should
consult that standard authority if you desire to acquire knowledge of this character,

T5

^NUFACTURERS FOR

MEEHAN
BRAKESHOES

T.

Office, 632 "The Rookery," CHICAGO, ILL.

LOGGING OUTFITS,

LOCOMOTIVES, CARS, RAILS AND GENERAL EQUIPMENT,

Estimates promptly furnished for N»w and Second Hand Material.

Improved Duplex Air Compressor.

Clayton Air Compressors

for Working Rock Drills, Bolsters, Coal Cutters,

Mine P^^mps, Kivetersj Cranes, etc.
Sinking Caissons, Atomising Oil for Fuel, etc.

For Catalogues, Estimates, etc., address

Clayton Air Compressor Works, 43 Dey St., H. Y.

STOW FLEXIBLE SHAFT CO., Limited,

MANUFACTURERS OF

The Stow Flexible Shafts,

AND ALL TOOLS FOR USE WITH THEM,

COMPRISING

For Drilling, Boring, Etc.,

Tapping and Running Stay Bolts in Boilers,

Reaming Rivet Holes in Bridge, Boiler, and Roof Work,

Drilling Oil and Set Screw Holes in the Hubs of Pulleys,

Grinding and Polishing Metal, Wood, and Stone Work,
Brushing and Clipping Horses and Cattle.

For Ship and Tank Work, capable of drilling holes close to a corner.

S3F»330X^A.Xj OTJTTIJXTO- 3VE-A.OI3CI3>JE!

For cutting out Port-holes and Man-holes in Ship or Boiler Work.

XjOT^TO T.AuIE'-EiFt IFl DERIVE IE US

Specially adapted to Bridge Work.

For Pattern Makers and other Wood Workers.

AN§F£bcREKs: 26th, Gallowhil! and Biddle Sts., Philadelphia, Pa,

ILL- IN i).

POOR'S DIEECTORY OF RAILWAY OFFICIALS.

3S4-3S9

Illinois Central System.—

;.

fW. R. Israel, Chicago, 111.
I Geo. A. Hines. Chicago, 111.
! G. B. Wyllie. Chicago, 111.

r»v/}' P«C- .I///* J J- A- WheHt-r. Manchester, la.
Trav. Pw. Afftt. j p G White Cedar RHpkl9; Ia

I F. D. Hadlev. Sioux Cit}'. la.
I J. M. Bforrisey. Omaha. Neb.
(.L. F. Montgomery, Jackson, Miss.

i'L. L. Moseley, Kankakee, 111.
Jamea Gallon, Bloomington, 111.
W. M. C. Kinney. ChicHgo, 111.
F. R. Jamison, Springfield, 111.
M. Brosinhau. Chicago. III.
IF. E. Munger, Sioux City, la.
W. H. Hays. Jackson, Miss.
W. L. Lowry, Jackson, Miss.
[E. Doul, Chicago, 111.

SURGICAL DEPARTMENT.

*•'/*> -r'uifg Sitrr/ton — John E. Owens. M.D.. Chicago, 111.
As*t. S'int. 9ttrg.—W. H. Allport. .M.D.. Chicago, 111.
Personal Injury Agent— W. R. Head, Chicago, 111.

DIVISION OFFICERS.
Chicayo Dicisio/i.

Superintendent— Horace Baker. Chicago, 111.
Asst. Supt.—C. A. Holt, Cairo. 111.
Master Mechanic—A.. Ritter. Chicago, 111.
Tr. Master, Chic. Ttrm.—W. D. Donning, Chicago, 111.
Tr. Mast. Cfiic. Section— C. H. Coapman, Champaign, 111.
Tr. Ma*t. Centralia Section— R. H. Dwyer. Mound, 111.
Supt. Suburban Trains— J. C. Jones. Chicago, 111.
Road Master, 1st Dir.—T. C. Spalding. Chicago, 111.
Road Master, 2d Div.—E. Donoghue. Champaign, 111.
Afft. Road Master. 1st Dir.—C. Heckler. Chicago, 111.

Supervisors — Jas. Cahill. Kankakee. 111.; Jos.
O'Brien, Champaign, 111.; D. Foley, Centralia, 111.; R.
Preston, Mound, 111.

Amboy Division.

Superintendent— H. S. McCourt, Amboy, HI.
Matter Mechanic— 3. B. Edams. Amboy. 111.

Twin ^^sliff>>- * w- F- Jacobs. Ambov. 111.
Train Masters} F A Reed Clinton<-in_

Road Master— F. R. Doty, Amboy. 111.

Road Supervisors— Wm. Reed. Vandalia. 111.: John
O'Connor, Bloomington, 111.; P. Ryan, Galena, 111.

Springfield lJii'i*i»,t.

S«/»rintendent—I). S. Bailey, Clinton, 111.

Master Mechanic— Win. Griffin. Clinton, 111

Train Master— W. C. Harris. Clinton, 111.

Road Matter— Daniel Leo, Clinton. 111.

Acting Road Supervisor— Geo. Lonergan, Clinton, 111.

Rantoul Branch.

Superintendent— D. S. Bailey, Clinton. 111.
Master Mechanic— -Win. Griffin, Clinton. 111.
Supervisor of Trains <& Track— dm*. Grady, Rantoul, 111.

Bloomington Branch.

Train Master— W . J. Harahan, Kankakee. 111.
Road Supervisor— John Linehan, Kankakee, 111.

Freeport Division.

Acting Superintendent— F. B. Harriman, Freeport, 111
Matter Mechanic— E. O. Dana, Freeport. 111.
Train Master— F. B. Harriman, Freeport, 111
Roftd Master— E. Courtney. Freeport. III.

Road Sii-perri>iors— P. Laden. Rockf<>rd, 111.- P Rvan
Galena, 111.; P. Louergan, Freeport, 111.

Dubuque Dinsion.

Superintendent— F. W. Quimby, Dubnque. la
Matter Mechanic— T. W. Place. Waterloo la

Train Matter^ S

Road Master — J. Jacobs. Dubuque, la.

Road Supervisor*— H. Gilleas, Manchester la • J T
Moran, Waterloo, la.; Chris. Johnson, Fort Dodge, la.'

Illinois Central System.— Continued.

undent— C. K. Dixon, Cherokee, la.
Master Mechanic— T. W. Place. Waterloo. I-i.
Tni'iii Ma^fff—Chiif. B. Fletcher, Fort Dodge. la.
Ti-'i/n Master (Sioux FaBs \ T. F. Shannon, Cherokee,

((- (tuaii'a lii-awhfx} \ la.
I?>»i>? Max/'-r—J. Sullivan, Cherokee, la.

Road Supervisors— Ch&i\es Carney, Le Mars, la.: H.
Gilleas, Cherokee, la.; P. E. Sullivan, Cherokee, la.

Mississippi I)/ rision.

Superintendent— "N. D. Wiggins. Jackson, Tenn.
Master Mechanic— 3. W. Lnttrell, Water Valley, Miss.
Tmia ^ff,<!fs .o J A- J- Greif, Jackson, Tenn.

Trot* Matters^ w H Tate w.uer Va]kiy MN .

Road Master— C. F. Blue, Jackson, Tenn.

J.W. Ifuad Master— <i. M. Hubbard, Jackson. Tenn.

Road s>i/>errtsnrt — T. R. Spencer. Fulton. Ky.; R. C.
Brown, Holly Springs, Miss.; D. H. Driver, Durant,
Miss.

Louisiana Dinxion.

S>/j)<-rintfndfnf—T. P. Bellows, New Orleans. La.
A*st. Si/pt.—J. W. FliL'Lrins. New Orleans, La.
Master Mechanic— W. B. McKenna. McCombCity. Kiss.
Train i/W*/-* ( W" W- Polk- Mt-'Comb City, Miss.

**" 1 W. H. Firzp-itrick, New Orleans. La.
Road Master- -C. H. Thnipp, Xew Orleans. La.

Road Supervisors— T. J. Anslev, Brookhaven, Miss •
R. B. Miller, McComb City. Miss"

S"^A^L^SS*) Tl'UC* I-7' S.Evans. Jackson. Miss.
Mem D ft is T)i ti«ion .

Superintendent— J. B. Kemp, Memphis, Tenn.

Mast. Mech. Mem. *'>o/t.<.-—J. J. O'Rourke. Mem., Tenn.

Supervisor— R. F. Lockhart, Memphis, Tenu.

3S5 Indiana and Illinois Southern RR.

President- -W. H. Alley. Chicago, 111.

Vice- President— J. B. Lyon, Chicago, 111.

Gen. Mar. & P'ir. A'/f'—P. H. Blue. Sullivan, Ind.

Secretary— H.. H. Gardner, Chicago, 111.

Treasurer — John L. Stockton, Chicago, 111.

A<ntitfir-*C. R. Hinkle. Sullivan. Ind.

fren. Frt. (C- Pass. Aof.—F. E. Basler. Sullivan. Ind.

Cons. Engineer— A. B. Fitch. Terre Haute. Ind.

Road Master— Jas. Hoskins. Sullivan. Ind.

<rfn. Counsel— John S.Cooi>er, Chicago, 111.

fr^n. Attorney — .John T. Hays, Sullivan. Ind.

f',/r Arr/.—W. R. Bottenfield. Sullivan. Ind

Mast. Mach.—^L. E. Hotchkis*, Palestine, 111.

3S6 Indiana and JLake Michigan Ky.— See

Vandalia Line.)

3S7 Indiana, Illinois and Iowa RR.

—Y. M. Drake, Chicago. 111.
\'ic< -President— Geo. H. Hoit. Xew York, N. Y.
Sec. c£ Tread.— J. A. Drake. Chicago, 111.
Asst.86C.&Tra}U.Afft.—Ch*&, Martin. Xew York. X. Y.
Gen. Mqr. d- Pur. Agt.—T. P. Shonts, Chicago, 111.
Superintendent— G. H. Smith. Kankakee. 111.
Eno. of Main, of Way — Daniel Xowlan, Kankake*-. 111.
<rtn. Fgt. ,{• Paw. Agt.—C. W. Cook. Chicago, 111.
Master' Mf.'-h.— L. II. Miller, Kankakee. 111.
S'ipt. Bridge*—*!. B. Kennedy. Kankakee. 111.
Auditor— M.. J. HartnetT. Kankakee, I'.l.
Car Accountant— J. F. Durkin. Kankakee. 111.
Gen. Agt.—R. M. Rogers, Jr., Chicago, 111.
Gen. E. Afft.—Geo. L. Thayer, Xew York. X. Y.
TF. Trar. 'Fat. Ayt. — I. P. Tracy. Chicago. 111.
E. Trar.. Fgt. Agt.—W. B. Courtright, Chicago, 111.

3S3 Indiana Northern Kr.

President— James Oliver. South Bend, Ind.
Gen. Manaaer — George Ford. South Bend, Ind.
Gen. Fgt. Agt—J. D. Oliver, South Bend, Ind.

3S9 Indian Spriugs and Flovilla RR.

Gen. Pass. Agt.—'M. A. Lindsey. Flovilla, Ga.

77

78

America's Famous Snow Plow

The Truth is bound to come out, OVER ONE HUNDRED THOUSAND

DOLLARS in new-fangled Steam Snow Plows condemned to the SCRAP-HEAP.
The New Screw and Auger Machines wiped out of existence. COMPETITIVE
TRIALS laid bare the hollow claims of all opponents of THE ROTARY.

Not, however, before several Railroad Companies had been misled by the erroneous
representations put forth. The unerring art of the photographers shattered the false
statements of the promoters of these machines, and exhibited, in naked truth, beyond
all possible doubt or cavil, the VAST SUPERIORITY OF THE ROTARY
in every respect. The indisputable proof of the success of the Rotary afforded by the
photographers' work is substantially supported by the fact that every order for Steam Snow
Plows given by Railroad Companies in the United States since the COMPETITIVE
TRIALS has been awarded to the ROTARY.

Orders for the ROTARY for 1892 should be placed as early as possible in order to
insure prompt and satisfactory delivery. For further particulars address

THE LESLIE BROS. MFC. CO.

PATERSON, N. J.

J. S. LESLIE, President.

JOHN BERWICK, Sec'y and Treas

M. SWEETNAM, Vice-President.

POOR S DIRECTORY OF RAILWAY OFFICIALS.

390-4:02

39O Indianapolis, Decatur &, Western Ry.

v i» ) R B. F. Pierce. Indianapolis. Ind.
;*i.vs> .«. <>o,, \ B. A. Sands. Indianapolis, Ind.
trnf— II. B. Hammond, New York, X. Y.
See, <(• Treat. Thos. B. Atkins. New York. X. Y.
Auditor .1. V. MrXral. Indianapolis.Ind.
(rfn. Ma /i. -R. B. F. Pierce, Indianapolis, Ind.
L A.Boyd, Indianapolis. Ind.
fri-ti. Frf.d- /'//NX. J;7/. — J. S. Lazarus. Indianapolis,|Ind.

K. L. Vansunt, Indianapolis, Ind.

Cashier <t P-n-ch. Arjt. -C. B. McVay. Indianapolis, Ind.
J/rt.-1/. JfocAawic— J. McKenna, Indianapolis. Ind.
A'.- /./ .1///.V/1- •/•- ,)os. Mrlveown. Indianapolis. Ind.

391 Indianapolis Union Ry.

Prfsidfj-.t—TX. P. McKeen. Terre Haute, Ind.
Wee- President — Jos. Ramsey. Jr.. Cincinnati, O.

Pmrfi. Agt.—\\. T~. Cannon. Indianapolis, Ind.
/_.W. X. Jackson, Indianapolis. Ind.

• •iretuf-nf—'D. F. Whitcomb. Indianapolis. Ind.
A'iditor—C-. A. Vinnedge. Indianapolis. Ind.
6*//. 77V. Agt.— D. R. DonongiL, Indianapolis, Ind.

Bog. Jfotfer— John I. Ferguson, Indianapolis, Ind.
Mii.fffr Mach. — .John Caff rev, Indianapolis. Ind.
Road Matter— J. B. Witty. Indianapolis, Ind.

39v5 lii-all>. Whit- Rapids and Northern
RR.

President— John Bagley. Chicago, 111.
Superintendent— E. F. Graves, Chicago, 111.

393 Intercolonial Ry.— (See Canadian Govern-

ment Rys.)

394 International & Great Northern Ry.,
and Galveston. Houston & Henderson RR.

(a) International and Great Northern RR.
Pre*id*nt—3tiy Grald, New York. X. Y.
l,/ Vice-President— S. H. H. Clark, St. Louis, Mo.

**S%f£r*XA A°*' ! H' B- Kane< Destine, Tex.
S*c. tt: 7VV7V— A. R. Howard, Palestine. Tex.
,4 .-.>/. .SV=c. ct- .1. Trtas.—H. B. Henson, New York, X. Y
G-H. Solicitor — Alex. G. Cochran. St. Louis. Mo.
'Jitor—C. G. Warner, St. Louis, Mo.

(b) Operating Officer*.
/•— T. M. Campbell. Palestine. Tex.
Gen. Snpt.—T. G. Golden, Palestine, Tex.
Grn.Fgt.d' Pa**. Agt.— 3. E. Galbraith. Palestine, Tex.
Cannier— A.. R. Howard, Palestine. Tex.
Auditor— W. L. Maury. Palestine, Tex.
Gen. Attorney— 3. M. "Duncan. Tyler. Tex.
Resident Eng.—J. D. TrammeH. Palestine. Tex.
A**f. Gen. Fqt. Agt.—J. B. Bartholomew. Palestine,Tex.
Asst. G. P. cfe T. Avt.—V. J. Price, Palestine, Tex.
Gen. Claim Agf.—J. X.Jones, Tyler, Tex.
Master Mech.— F. Hufsmith. Palestine. Tex
Supt. Car Dept.—Vr. P. Siddons. Palestine, Tex.
S>/pt. Brdqs. &Bldgs. — A. L. Bowers. Palestine, Tex.
Supt. Teleg.—T. W. Parks. Tyler. Tex.
Purch. Agent— T. M. Campbell. Palestine. Tex.
\ Y. O. Becker. Galveston. Tex.
" Horace Booth. Houston, Tex.
fW. S. Adair. Dallas. Tex.

fnmm/ 4 M»t* J Homer Ead?i- San Antonio. Tex.
Cornrnl. Agent* < E N Andrews, Xew York. X. Y

I R. H. Bruce. Mineola, Tex.
Soliciting Fgt. Agt.—H. E. Parker, San Antonio, Tex.

(c) Galveston, Houston and Henderson RR.
President— J. L. Kane, Galveston. Tex.
Vice-Pres. — R. B. Baer. Houston, Tex.
Sec. & Treas. — James Spillane. Galveston, Tex.

(Operating officers same as I. & G. N. RR.)

i 395 Interstate Consolidated Rapid Transit
Ry.

/•— D. M. Edgerton, Kansas City, Kan.
/V, >;,/,/,/_ Joshua Wilbour, Providence. R. I.

.;,/,„/— David D. Hoag, Kansas City. Kan.
Auditor — W. E. Barnhart. Kansas City. Kan.
9en. M'inititrr— Waterman Stone, Kansas City. Kan.

Iowa Central Ry.

President— Russell Sasre, Xcw York. X. Y.
VlC6-Pr*sident—R. E. Chase, New York. X. Y.
Sec. tf- Treas.— G. R. Morse. Xew York. N. Y.
Gen. .'\fan.-C. H. Ackt-rt, Marshalltown. la.
Traffic Man.— A.. F. Bank-. Marshalltown. la.
Superintendent— J. H. Redmond. Mar.-halltown, la.
Gen. Pan*. Agt.—T. P. Barry. Marshalltown. la.
J.V.-7. fren. Fgt. Ag/.—3&*. Mahoney. Marshalltown, la.
Maxtor .^[^c}i . — M. C. Wheeler. Marshalltown la
j/erx/. Car B'r.—E.K. Carver, Marshalltown, la.
i Purch. rf- Fuel Agt.~R. A. Dugan. Marshalltown. la.
Chief Engineer— George A. Pruden, Marshalltown. la.
Auditor— E. S. Benson, Marshalltown. la.
Local Treas. <{• P*mo«l6r— Seth Zuir. Marshalltown, la.
Supt. of Bridge*— O. J. Travis. Marshalltown, la.
Supt. of Tel.—G. X. Gish. Marshalltown. la.
Gen. Solicitor— A. C. Daly. Marshalltown, la.
Car Acc'/t'l -S. T. Cammack, Marshalltown. la.
Storekeeper— F. O. French. Marshalltown. la.
Gen. Trav. Agt.—J. R. Charles. Cleveland, O. .
Trav. Agt.—E. L. Shinkle, Oskaloosa. la.
Trar. Pa**. Agt.—J. B. Seesseugut, Marshalltown, la.
Trftr. Fgt. & P. Agt.—E. D. Young, Marshalltown, la.
(/en. A'/t.—J. E. Joyce. Peoria. 111.
Gen. E. Agt.—P. A. Lyman, Pittsburg. Pa.

397 Iowa Northern Ry.

President- J . S. Wylie. Davenport, la.
Vice-President — D. Ryan. Newton. la.
Sec. cfe Treas.— George A. Goodrich, Colfax. la.
Gen. Supt. d~ Pur. Agt.—D. S. Couch. Colfax, la.
Road Master— E. H. Spidle, Colfax, la.

39S IronRy.

President—^.. E. Floyd. Xew York. X. Y.
Sec. and Treas.— Walter H. Mitchell, Boston. Mass.
Gen. Jfffr.A Purch. Ant.— C. C. Clarke, Ironton, O.
.-1 tiditor—E. S. Garvey, Ironton, O.

1 ' «*-• A- Meyer, Iron.on, O.

Gen. Agents -

399 Irondalt. Bancroft and Ottawa Ry.

^•tflW-lw1:-'™'1' }<*•»' J- Pl1^' lrondale,0nt.
Vice-President— R. W. Elliott, Irondale, Out.
${i:rttary — P. Howland, Toronto. Out.
Ch. Eng. cfc Rd. Ifr.— Chas. Hutchinsou, Irondale, Ont.

400 Ironton UK.

President — Samuel Thomas. Catasauqua, Pa.
Trea*. & Sec.—J. T. Knight, Easton, Pa.
Superintendent— William Andrews, Allentown, Pa.

401 Ivorydale and ]^lill Creek Vy. Ry.

i ^n. Manager— Harry W. Brown, Cincinnati, O.

40a Island RR.

President— Edwin H. Mead. Xew York. N. Y.
Vice-President— Samuel Thome. Xew York. X. Y
Sec. cfi Treas.— William E. Street. Xew York. X. Y.

The Securities of Municipalities are growing in popularity as investments. Intend-
ing or actual investors who desire to learn the financial condition of any city, town,
county, or State, should subscribe for Poor's Hand-Book of Investment Securities j
price, $4. Published at 70 Wall St., New York.

. 79

80

THE PATENT 'FISHER' RAIL JOINTS.

JVSKDE BV THE

FISHER RAIL'JOINT WORKS, TRENTON, NEW JERSEY.

Rail Ends carried directly by the arched beam and screwed DOWN to it with a force of 15,0001bs. — making
practically a continuous rail. Whole surface of base for support and wear. No breakage of Rails or Joints.
No " Low Joints." No •' Creeping.1' No loose nuts. Cost of keeping up track reduced to one-third of that
with Angle Bars and giving smoother surface.

03E" -\7VI=lOTJC3-:E3Ciri XJE1.ON -A.3XTI

'QOM B (NATION BRIDGE JOINT

"3"

^~~21!

Forelocks extended upwards aeain>t and inclosing web of rails for " Line " with horizontal bolts through
them, preventing "creeping.11 No spike notches in rails.

E CJLtJLUK. 1 ISttJBR "eOJMJPItOMISE" IBHIIDOE JOINT.

For connecting together rails of different heights, and widths of head, giving perfect "surface" and
gauge," and WARRANTED against breakage or failure in any part.

«« TJ1IP3L.E FISH" JOINT.

Only true "Fishing "device for rails. THREE fish plate?, bolting between them the inclosed rail ends
both VERTICALLY and HORIZONTALLY, metal to metal. For "Surface " the heavy, ribbed lower fish
plate secured by the six vertical ends of U bolts to the two upper bars, and for " Line " these latter are held
solidly together against the stems bv the horizontal bolts The whole incloses the rail ends absolutely
'• Fished '?wtth bolts resisting all strains in the same direction that they are applied.

Rails with these Joints require one bolt hole only through the stem, three inches from the end.

circular clipping out of each corner of the flange for the central U bolt.
This clipping when required for rails already in track can be readily done with a portable niachim

Also a

„ portable machine wlvich

is*furnishcd for the purpose, and without interruption of traffic.

J AC— TON.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

403-41*

4O3 Jacksonville ami Atlantic RR.

president— 3. M. Schumache-. Jacksonville, Fla.
ftce- President— S B. Hubbard, J-ieksonville, Fla.

ry—J. M. Barrs. Jacksonville, Fla.
yy, „*,//-,/•— H. S. Ely. Jacksonville. Fla.

rintendmt—Jnttn* Hayden. Jacksonville, Fla.
-i,,,/;^,/-— J. L. Marvin. Jacksonville. Fla.
Forem L<>c ,(• Car /,'</'. -J. E. Cl.-irk. Jarksonville,Fla.

-v. A'lt.-ll. S. Ely, Jacksonville, Fla.
Frt. Agt.— James I. Mtinoz, Jacksonville. Fla.

404 Jacksonville, Louisville ami St. Louis

Ry. — (See Jacksonville Southeastern Line.)

4O3 Jacksoiiv'lfe, May-port and Pal»lo Ry.
and Navigation Co.

Prf*ictf»t—3. X. C. Stockton, Jacksonville. Fla.
(TV,,. X'ipt. <(• P'iri-h. Agt.—S. L. Earle, Jacks'le, Fla.
Secretary— -Win. Wallace. Jacksonville, Fla.
lYwwMWr-rTelfair Stockton. Jacksonville, Fla.
Auditor— T. T. Bryan, Jacksonville, Fla.

406 Jacksonville, St. Augustine and Hali-
fax River Ry.— (See Jacksonville, Tampa and
Key West System.)

407 Jacksonville South-Eastern Line.

Comprising the Chicago, Peoria and St. Louis Ry.,
the Jacksonville. Louisville and St. Louis Ry., and the
Litchfleld, Carrollton and Western RR.

President— W. S. Hook, Jacksonville. 111.
V.-Pres. & Gen. Couns. — I>aac L. Morrison. Jacks'le, 111.
Sec., And. & Treas.— Marcus Hook, Jacksonville, 111.
Trav. Aud.—G E. Deyo, Jacksonville, 111.
S'ltit. tt- Purch. Agt.—D. W. Rider, Jacksonville, 111.
Svnt. Mo. Po>c. <£ .\facn.-W. J. Hemphill, Jacksonv.,111.
Gen. Pas*. Ayt.—\V. W. Kent, Jacksonville. 111.
Gen. Agt. Pa**. Dept — H. A. Suttle. St. Louis, Mo.
Trav. Pass. Agt.— A. N. Morton. Peoria. 111.
Gen. Fgt. Agt.— W. C. Alvord. Jacksonville. 111.
Asst. Gen. Fgt. Agt.—E.A. Nixon, Jacksonville. 111.
T ^ / A t ) C. P. Baldwin, Jacksonville, 111.
Jrav. fgt. Agts. ^ j B Stevengollj Springfield. 111.
Matter of Trains — F. L. Tompkins. Jacksonville, 111.
Chief Engineer— L. S. Olmsted, Jacksonville. 111.
Resident 'Eng.—Gro. M. Walker, jr., Jacksonville, 111.
Car Accountant— W. R. Bradley, Jacksonville, 111.
Supf. Bridges — A. J. Kelley, Jacksonville. 111.

{John Sloan. Jacksonville, 111.
W. H.Sheedv. Litchfield, 111.
Wade Neil, Havana, 111.

Train Master— F. M. Benning, Jacksonville, 111.
Trav. Past. Agt.—X. X. Morton, Peoria. 111.

i K. M. Allen, Springfield, 111.
Cif'i Pa*s. Arils.- E. P. Jordan. St. Louis, Mo.
/ W. J. Wickwire. Peoria. 111.
. ( W. M. Bnshnell, St. Louis, Mo.
Com. Agts. \ Q G Mars Peo'ria> I1L

408 Jacksonville, Tampa 6i, Key West
System and East Coast Lines.

Jacksonville, Tampa & Key West Itaihvay Co.
President — Robert H. Coleman, Cornwall. Pa.
V.-Pre*.— Charles C Deming, 10 Wall Street, New York,
Treasurer— tt. M. Maxwell, 10 Wall Street, N. Y.

Florida Southern Railroad Co.
President— J '. W. Candler. Boston. Mass.
Vice-Pres.— Charles C. Deming, 10 Wall St., Xew York.

' Bo6ton' Ma^-

Jacksonville, St. Augustine efc Halifax River By. Co.
President— Henry M. Flagler. 26 Broadway. X. Y.
Vice Pres.— Charles C. Deming, 10 Wall St.. Xew York.
Treasurer— S. W. Critchelow, S<-. Augustine, Fla.

Indian Rirer Steamboat Co.
President— Robt. H. Coleman. Cornwall. Pa.
Sec. & Treas.— Charles C. Deming, 10 Wall St., N. Y.

408 Jacksonville, Tampa & Key West Sys-
tem and East Coast Lines.— ry>/

W'L- Crawford. St. Augustine, Fla.

OPERATING OFFICERS.

]'f'//uig(r—'R. B. Cable, Jacksonville, Fla.
Gen. Counsel— J. R. Parrott. Jacksonville. Fla.
Anc,n<> -//— T. M. Dav, jr., Jacksonville, Fla.

STlTnT^^ ; -W- B. Comn, Jacks'le. F...

S".7('sf. 4H (

>•/////. F'. •>'.— W. B. Denham, Palatka. Fla.

•

& F f !' C- R- KniSht- Jacksonville, Fla.
£?/. AvdUor—3. E. Starke, Jacksonville. Fla.
Gtn.Frt.Agt.J..T.
<{• K. W.' d- 1. R. > J. P. Beckwith. Jacksonville. Fla.

€St ^A^n'R" \ W' J- Jarvis' St"

. Fla.

Gen. Pass. Agf.—G. D. Ackerly. Jacksonville
.Y. E. Pats. A(/t.—C. W. Gray .'Boston. Mass.
Trar. Pr/.w. A'yf. -Walter Hawkins. Jacksonville. Fla.
Soliciting Aat.—F. S. Knight. Xew York. X. Y.

ille' FIa-
Auditor J.. St. A. / w H chami)ers. St. Augustine. Fla.

OC //. A.

(?^;;. Master Mechanic— Win. Rutherford. Pahuka, Fla.

4 T5kff'jl1 }R- T- Goff' Sr- Augustine. Fla.
Trai// ^^aster—:E>. S. Spencer. Jacksonville. Fla.

., T. |.D McCarthy, Palatka. Fla.

Mart. Mach.&Jfcut. )

far Iff p.. J., St. A. »E. T. Silvins. St. Augustine. Fla.
ri- //. R. R.j. j

Road Matt. ,J. .Si, - R w Nesbitt St AuSrUStine, Fla.
-i. at n. -K. MU. i

, Fla.

7.

Gen.Agt.J.R.Stinbt. Co.— P. Caole, Jacksonville. Fla.
o«^ J/a*Y. <fi 5?/y^. /

Bridges & Bldgs.. -J W. Buchanan. Bartow, Fla.
C.H.Dir.F.X. \

Road Ma*t. <k Suut. < T G T-n-, paTofi.., -F~\<*
.,F.S. < J" S Jolly' Paiatka' Fla-

409 Jamesville and Washington RR.

Jb*. E. Salter. Philadelphia. Pa.
Vice- Pres.— James McManes. Philadelphia. Pa.
Gen. Manager— Samuel O. Srokas. Philadelphia, Pa.
Secretary— H. T. Fenton. Philadelphia. Pa.
Treasurer— James Work. Philadelphia. Pa.
Gen. Sxpf.— Wm. H. Littler, Jamesville. X. C.

AUd-'p1t8Ge'igfrt' !" J' E' Lawrence' Jamesville. X. C.
Road Master— J. E. Roberson. Jamesville, X. C.
410 Jogging Railway.

President— ^ . C. Milner. Maccan. X. B.
l~ice-Pres.— John W. Y. Smitf- Dorchester, X. B.
Secretary— J. Fallison, Sackville, X. B.
Engineer — R. C. Boxall, Maccan, X. S.

411 Joliet and Blue Island Ry.

Pres., Gtn.llan. <(• Trea*-.— W. G. Brimson, Chicago, 111.

Secretary <{• Auditor- J. S. Keefe. Chicago, 111.

Purchg. Agent— L. D. Doty, Chicago, III.

Ma*t. 'Mach.—C. J. Clifford, So. Chicago. 111.

Gen. Foreman— J. D. Pollard. Joliet, 111.

Gt-n. Yardmaster — R. K. Alexander. Joliet. II1.

.Vast. Car Paint.— A. M. Kain, So. Chicago, 111.

412 Jones Mountain RR.

Pr&'pur'{'^tm' \ Fred' W' Jones» Jonesburg, X. Y.
Gen. Supt.— Frank Shultz, Jonesburg. X. Y.
Ch i(f E/igi neer—Wm. Young, Jonestiurg, X. Y.
Ma#f. Mech. & Car Rep.— Jos. Garrity. Jonesburg. X. Y.
Road Master— Gilbert Rockefellow, Jonesbu'-cr. X. Y.
Auditor— Fred. Pultiz, Jonesburg. X. Y.

81

82

THE COMING JOINT for STEAM RAILROADS,

KLKCVTKH! A>» <• \Kl,r: NTKKKT RAILWAYS.

Rapidly taking the place of Angle Bars. In successful use on 48 roads.

cr

0
cr-

CD OQ

3 CD

" H

o ®

a ^

2, S

S 5T

w OQ

l< 0)

o

It is in the fewest possible parts and gives greater vertical strength than the
angle bar, and holds the track in perfect surface.

CONTINUOUS RAIL JOINT COMPANY OF AMERICA.
182 MARKET ST., NEWARK. N. J.

Light Section Steel Rails lron and steel Bars Angles

Tees and Special Shapes,
Sheets and Plates,

8, 12 and 16 Ibs. per yard, of
Standard Patterns.

PROMPT SHIPMENT.

Correspondence Solicited. Mention this Publication and Secure Special Prices.

AETNA IRON & STEEL CO., BR'DOEPORT'

OHIO.

WM. H. VAN STEEXBERGH, A. Q. KEASBEY,

President. Vioe-Presideiit.

HKNRY CONGAK, Secretary and Treasurer.

Eno Rail Joint Co.,

PRUDENTIAL BUILDING,

NEWARK,

N. J.

Jrx-K.\N.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

413-426

M:j .June ti. MI RR.

''-(;.•(). 11. J!.)licrt>. Phihd.-lphia, Pa.
•//-John C. Sims. Philadelphia. Pa.

.vhall. Philadelphia, Pa.
•rtr Robert W. Smith. Philadelphia, Pa.
••-r— John Scott, Philadelphia, Pa.

C. Wilr-on, Philadelphia. Pa.
•••nlkr—H. W. DowniiiL'. Philadelphia. Pa.
A»»'f Comptroller M. Rifl>enack. Philadelphia. Pa.
,f— Wm. J. Latta, Philadelphia, Pa.

II 1 Jupiter and Lake Worth Ry. S,-» Jack-
sonville. Tampa and Key We-r System, i

4l.'t Kaater*kill RR.

Prr.<ti'le/)f—Ed\\\n Yonnir. Albany. X. Y.

- G. Dimmick. Kondout. X. V.
- tj>f. ,(• Pur. Afjt.— Jas. H. Jones. Rondont, X.Y.
. Aud.— R. B. Jones. Rondont. N. Y.
/'/.. Tkt. <(• Frjt. Agf.—'S. A. Sims, Rondout.X.Y.
Bupt.Bridg. »t- B?dM(ut.—l. H. Decker, Rondout, X. Y.

416 Kaiiawlia Ry.

President— John J. Shonk. Plymouth. Pa.
V', •• -PfS.—R. H. Catlert. Staunton. Ya.

Treat.— George \V. Shonk, Wilkesbarre. Pa.
'indent— F. L. Garrison. Coalburg. W. Ya.

417 Kanawna and Coal River RK

Pre*. <f-7?<-c-.— J. W. Humbird, Cumberland. Md.

Treas.— Robert McDonald, Cumberland. Md.
'— W. X. Talley. Spring Hili. W. Ya.

pvr? )" A' M' Wooldredge, Spring Hill, W. Ya.
Fg['c,f \ J- B- G- Roberts, Spring Hill. W. Vs.
II. M. Brown. Spring Hill. W. Ya.
-"•• Bri'1'ie.-i— L. W. Pryor, Spring Hill. W. Ya.
Sunf. of Tehsffrtmh—Qeo. Rader, Spring Hill. W. Ya.
M>j*t. :Y-W,.— W. F. Kain. Spring Hill. \Y. Ya.
Jtoad Master— Jos. Webb, Spring Hill. W. Ya.

41S Kaiiawlia and ?l u lii-an Ry.

President— Stevenson Burke. Cleveland, O.
Vict-Prt*ident—T*e\f*m Robinson. Xew York. X. Y.
Sfc. cfe Treas.— R. T. H. Halsey. Xew York. X. Y.

Ma/, aye r— J. M. Ferris, Toledo, O.

//.— T. M. Peelar, Toledo, O.
Dir. S>/pt.—J. W. Dawson, Charleston. W. Ya.
Chf. Fug.— Clifford Buxton. Toledo. O.
A^'l'tor—'L. D. Kelley. Charleston. W. Ya.
Cathitr— K. W. Donnelly, Charleston. W. Ya.
(r/r/-. /"/•/•. Arjt.— Hudson Fitch. Toledo, O.

/Ji(x*\ Agent, — Moulton Houk, Toledo. O.

Mechanic— 3 . B. Morgan, Bucyrus. O.
Soail J/a*7<r--X. P. Baker, Charleston. W. Ya.
Parch. Ar/t.—H. A. Cooper, Toledo, O.

419 Kaiikakee and Seneca RK.

Pr**i<Ient—F. P. Bonfi^eld, Kankakee. 111.
' rer — Geo. S. Russell. Cleveland, O.
'•try — E. F. Osborn. Cincinnati. O.
Superintendent— G. W. Bender. Indianapolis, Ind.
(Other officers same as C., C., C. & St. L. Ry. Co.)

430 Kaiioiia and Prattsburg RR.

Pre*. & Gen. Man.— A. E. Godeffroy, Xew York. X. Y.
Vlce-Pnsident— VL. Pinney, Prattsbure. X. Y.

Treawrrr— A. K. Smith. Prattsbure. X. Y.

i')/— 3. K. Smith. Pr.altsburg.' X. Y.
- ///. ,{• Chf. Enr/.—3. G Baker. Prattsburg. X. Y.
G'h. Ffjf. Aqt.— ^ Frank Row, Kanona. X. Y.
Mast.CarJlep.—Geo Thomas, Wheeler. X. Y.
JtQad Matter — A. Yan Auken. Prattsburg. X. Y'.

481 Kauwas ( ity and Independence Air
Line.

A. Mosh.-r. Kan-as City. Mo.

1,7 Viee~Prutdent K. I. Martin. Kan>a- City. Mo.
2d Vice-President— \. E. Stilwell, Kansa- City. }[<>.

Wm. S. Taylor, Kan>as City. Mo.
.1-V -v.\ <(• Tr-<i*.—\. L. Howt-. Kan.-ar. City. Mo.
Superintendent— J. II. Pickering, Kansas City. Mo.
J. W. Heylmun, Kansas city. Mo.
Auditor^. C. Telfer, Kansas City, Mo.

Kaii-as (ity and Iiidependeiice Rapid
Transit RR.

-/—Walton H. Holmes, Kansas City. Mo.

•— Chas. L. Hutchinson. Chicago. 111.
Affornfy — Daniel B. Holmes. Kansas ( ity. Mo.
Treasurer— W. B. Clarke, Kansas City. M<>.
General Manayer — c. F. Holmes. Kansas city. Mo.
.ii/,/^f//._Thos. J. Fry. Kansas City. Mo.

eer—W. A. Koch. Kansas City. Mo.
'.<{• Tkt. Afif.—V. W.Flowerrer.Kan>a>Citv.Mo.
.\f«*t. 'Mech.—C. A. Wiseman. Kansas City. Mo. "
Road Master — A. G. Harris. Kansas City. Mo.

423 Kansas City lit It Ry.

President—George H. Nettleton. Kansas City, Mo.
Secretary— W. J. Ferry, Kansas City. Mo.
Treasurer— E. Wilder, Topeka, Kan.
Auditor <t Cashier— C. C. Ripley, Kansas City, Mo.
Chief Engineer— Daniel Bontecou, Kansas City, Mo.
Superintendent— D. K. Smith. Kansas City. Mo.
Attorneys— Pott) Ferry & Hagerman, Kansas City, Mo.
P>trch. Aqt. — H. P. Jacques. Kansas City, Mo.

4'i4 Kansas City Bridge and Terminal Ry.

„ .,. * Webster Withers. Kansas City. Mo.

Vfen , w H Hoime<. Kansas City. Mo.
President— Charles A. Snow, Boston. Mass.
Yice-Pres.— Gardner Lathrop. Kansas City, Mo.
Sec. tf- Treat.— Willard R. Wilson. Boston. Mass.
Chief Enrj. of Bdgs.— Frank D. Moore, St. Louis, Mo.
Supt.4 Chief Eny. j. w E Hangolli Kansas City, Mo.
oj ay.

4-25 Kansas < ity, Clinton and SpringAeld

Ry._, s;ee Kansas City, Fort Scott and Memphis RR. \

426 Kansas City, Fort Scott and Memphis

RR.

Kansas City, Ulempnis A: Birmingham RR.
Kansas City, Clinton and Springfleld Ry.

Current River RR.
Xuniber of miles operated, 1,191.75.
GENERAL OFFICERS OF ALL LINES.

^C*™' S°&rMK' !"H- H-Hannewel!- Boston. Mass.
Pres. A Gen. Man.— Geo. H. Nettleton. Kansas City. Mo.
9tiM*SK&'££'£ |-Chas' Merriam.Bo5ton.Mas3.
Comptroller. Secretary, i
K. C.. M. & B.,K. C., - J. S. Ford. Kansas City, Mo.

c. & s. & c. n. \

Gen. Solicitor-^ ^allace Pratt, Kansas City. Mo.
Tas Coininix*io)»:r — O. E. Learnard. Kansas City. Mo.
Land Com. — Geo. H. Xettleton, Kansas City, Mo.
Gen. Manar/er'tAtst.—T . H. Emmert. Kansas City. Mo.
Gen. Auditor — C. W. Courtriirht. Boston. Mass.

A>Mlt&BK' C" !' Cyrus Garnse-v- Jr" Memphis. Tenn.
Pass. Acct.—'S. L. Richardson. Kansas City. Mo.
Freight Acct.— G. X. Wilson, Kansas City. Mo.
Cashier, K. C., F. S. i

rf- ^f., K. C..C. <fc S. V J. H. Aldrich. Kansas City, Mo.

&C.R. \

Cashier &Payr,ia*ter, j Charles Keeler, Memphis, Tenn.

Industrial Securities are now attracting widespread attention throughout this
country. Full information in reference to all the leading industrial corporations whose
securities are of public interest will be found in Poor's Hand-Book of Investment
Securities ; price, $4 per copy. Special investigations and reports made by Poor's
Bureau of Information and Investigation, 70 Wall St., New York.

83

84

B. E. TILDEN CO

vice, time, conveni-
ence and durability
Iso to meet us in
contest for quick
& sure re-railing.

• CHICAGO, ILL.,
252.260 Dearborn St.

RAILWAY CAR AND LOCOMOTIVE

RE-PLACING FROGS AND BRIDGE GUARDS

THE TILDEN IMPROVED WRECKING FROGS for all Rail-
roads, the only strictly reliable invention in use for replacing
\any derailed roUlnp stock.

Price of Special Steel or Extra Heavy, for
Consolidated Engines, £20.00 per set.

AU .noods delivered free by freight to any Railway in the United
States not west of Missouri River p< ints ; to roads west thereof
prepay free to -Missouri River.

»i«-iirht of Extra Improv. <l sire, about ISO pounds per puir.

BRIDGE GUARDS, similar to outside Frog-s,
but longer, with attachments, $100 per set.
Street Car Replacers and Hose Bridge,

$8.00.

THE RE-PLACERS FOR RE RAILING ANY ROLLING STOCK.-They will convince any practical
operating railroad man of their superiority over all other replacing1 devices. They will pay for
themselves in saving of time over the use of any other Replacers or Wrecking Frogs, as they
will replace any cars or locomotive in about one-fourth the time consumed by other Replacers.
They will retain themselves where dropped, and save time and expense in any case of derailment.
They are in use on several hundred of the principal railroads and giving perfect satisfaction.

The Bridge Guards are the best possible protection to any bridge or trestle. They are similar to the outside
Wrecking Frog illustrated above, but longer. They are placed outside of each rail, and opposite each other.
They are positive in replacing any derailed rolling stock, and at the same time are placed at a sufficient distance
from the rails to allow all rolling stock to pass upon the rails free of the guards. By using the Wrecking Frog
size you will be convinced that the Bridge Guards will replace any derailed rolling stock at any speed. Bine
prints and complete description furnished on application. Correspondence and personal interviews solicited.

WM. H. FITCH, Pres't.
F. CONGER, Vice Pres't.

B. R. WILLIAMS, Sec'y.

C. W. CONGER, Treas.
E. A. LANDON, Eng'r.

GROTON BRIDGE AND MFG. CO., .

BUILDERS OF

Railroad and Highway Bridges, Viaducts, Girder, Roof Trusses, Turntables,
Iron Wharfs, Die Forged Eye-bars, Upset-rods, Etc.

MANUFACTURERS OF

POWER PUNCHES, STRAIGHTENING MACHINES, SPOKE, WOOD-WORKING
AND SPECIAL MACHINERY OF ALL KINDS.

CORRESPONDENCE SOLICITED.

Main Office and Works, GROTON, N. Y.

Branch Offices, Mt. Vernon, Ohio, Houston, Texas and Owosso, Mich.

E. SAXTON,

OOTAJT

OT

WASHINGTON, D. C.

CABLE RAILWAYS BUILT BY E. SAXTON.

Grand Arenue and Fifteenth Street Line .for Grand Avenue Railway Co., Kansas City, Mo.

Grand Avt.nue and Westpori Line " Grand Avenue Railway Co.. Kansas City, Mo.

Holmes Street Line, " Holmes Street Railway Co., Kansas City, Mo.

"The Loop Line " " Metropolitan Railway Co., Kansas City. Mo.

Stventh Street Line. .. " Washington & Georgetown R. R. Co., Washington,!). C.

Eleventh and Thirteenth Streets Line " Tacoma R'y and Motor Co., To<vma, State of Washington.

Navy Yard and Georgetown Line " Washington & Georgetown R. R. Co., Washington. D. C.

Fourteenth Street Line " Watnittffton & Georgetown R. R. Co., Washinqtort, D. C.

K AX-KAX.

POOR S DIRECTORY OF RAILWAY OFFICIALS.

4v>6-433

4vJ<> Kansas City. Fort Scott and lUemphi*
RR.

-•/-— D. Bontecou. K .Mo.

(, W. Horton, Springfield, Mo.

A". C.. F. $.d- .V. -Karl Sporck. Kansas City. Mo.

an<f£

it, /

A". r..F. >'.ct- .V.. K. -\V. W. Fagan. Kansas City. Mo.

C.. C.d S.&C. li. \

Supf. A'. C., M. d B.—3. H. Sullivan. Memphis, Tenn.
Pnn'h. Af/t.—H. P. Jacques. Ivin-a-8 City. Mo.

Fuel Agt'.—H. P. Jaeq<.:«-s. Kansas City. Mo.
xpf. Telegraph— H. C. Sprasjue. Kansas City. Mo.

Ant. K. /
i •:. F. &.A AT.. A*. -J. 11. Ashley. Kansas City, Mo.

•'V.'s.Mcrnun.Ka^arv.Mo.

A'. -A. N. Monteer. Springfield, Mo.
,t- 8. d C. K. \
/r Painter— T. Crocker, Kansas City. Mo.

CAWSuraeonJC. C / Dr N j.pertijohn. Kansas Cm-.
Jr.a.dbM.,K.V.,U. • -.rri J *'

d 8. d r. R. \

Ckc{v.TrB.' K' !'Dr- W' B" Ro?ers. Memphis. Tenn-
Gen'.Ciaim Agt., K. C.. )
F. S. d If. . A'. C. . C. -H. Crater. Kansas Citv. Mo.

c c* f /-T E> 4

cv u . cl C . li .

Ft-

ins- Springfield. Mo.

Terminals— W. A. Xettleton. Memphis. Tenn.
1' G" Pinkertou- Memphis. Tenn.
B' E' McGurk' Birmingham, Ala.
)'. K. C..F.*. < vr- TT TTH,- IT*, c »* r-
d- .V. c(- A'. C.. C. d- S. \ ^ • IL Elhs' Ft- Scott' Kan'

-R' R' Hammond. Thayer, Mo.
pf.S. d-B..K. C..F. S. ct- I L. K. Spafford, Kansas
J/.. K. C.. C. d- S. d C. 7?. \ City. Mo.

* \ L. H. Morse, Memphis, Tenn.

A- S"

, Memphis, Tenn.

Rd.

A B Whapham Kansas Citv.
Mo

C. Cain. Kansas City. Mo.

T. H. Fitzpatrick, Thayer, Mo.

^j££#^:t*w-*«°»". **»*
&C.B. ' 'f Mi>-

Stationer. K. C.. F.
8. dlf.. K. C..C.
d 8. d C. R.

Fgf. Traffic Jfan.—E. S. Washburn. Kansas City. Mo.
Gen. Fgt. Ag'.—J. J. Fletcher. Kansas City. Mo".
Asst. Gen. Fgt. Ant* .' J- ^- Saraent. Kansas City, Mo.
: 7t. Fgt. De,

M. G. McMauama, Memphis. Tenn.
L. R. Van Diviere. Atlanta, (-.a
R. W. Llghtburne. Jr.. New Orleans. La.
Commercial j E. E. Smythe. Springfield. Mo.
Agents j C. B. Holeombe. Kansas City. Mo.
1 W. B. Shirk. Kansas City. Mo.
S. Jacobs. Birmingham.
. J. J. Fagan. St. Louis. Mo.

G.Pa**.&Tkt.Agt.—3. E. Lockwood. Kansas Ciry, Mo.
B. L. Winchell. Kansas City. Mo.

Qe*. Baa. Agt.—S. M. Hibbard. Kansas Citv. Mo.
G*n. Agt. Pas*.Dept.—H. D. Ellis. Memphis' Tenn
North w. Pa**. Agt.—H. T. Haines. Kansas City. Mo.
Southern Puss Agt.— Charles Jones, Memphis." Tenn.

f H. M. Fickinger, Little Rock. Ark.
Trnr P/m 4/r/* J ^ • R- Jones, Charlotte, N. C.
Jra • **"' Ayt'- 1 S. W. Swanson. Birminffham. Ala

I J. W. Briggs. Olathe. Kan.

C'ffu Pi^ \nt- ' ^ • ^- Hendershot. Kansas City. Mo.
'> Eugene Sutcliffe, Memphis. Tenn.

l-i* Kansas City, Fort Smith <fc Southern

President -John B. Stevenson. Jr.. Philadelphia. Pa.
v — 1. C. Cravens. Springfield. MO.
>r-r— W. J. Latta. Philadelphia, Pa.
Auditor d A#st. Trea*.—V>. F. Iteqii-i. Neosho, Mo.

Attr,rn<-ij—3. W. North. Ni-o-ho. Mo.
Matter of Much.— T. D. Woouhouse. Neosho. Mo.
Matter— P. L. Conrad. Neosho, Mo.

42§ Kansas City, Nevada and Fort Smith
RR.

><t—E. L. Martin. 1 . M .

Tice-Preridenf—A.. E. Stilwell. Kansas City. Mo.
ZdVlce-Pregident—W. S. Woods. Kansas (:iry. Mo.

r-r— C. J. White. Kansas City. Mo.
Secretary— Tiro.. S Taylor. Kansas City. Mo.
Gen. Ifanager — Richard Gentry. Kansa's Citv, Mo
Gen. S»))t.— Frank M. Hill. Kansas Cit v, Mo".
Chief Er,g.-\. M. Nelson. Kansas City. Mo.
Gen. Fgt. &.TM. Agt.—Y. Wild. Sr., Kansas City, Mo.
Asst. Sec. — A. L. Howe. Kansas City. Mo.
Auditor— R. F. Kinnaird, Kansas City. Mo.

4vJ9 Kansa* City, Osceola and Southern Ry.

Preg. d Gen. .!/«/>.— D. C. Blair. Belvidere. N. J.
Vice-Pre?.— John 1. Blair. Blairstpwn. N. J.
r.-PreA.d- Tre>i*.— James A. B!air. New York. N. Y.
Gen. Co>/n. — Johnson »fc Lucas. Kansas City, Mo.

(ffy. — John Lucas. Kansas Ci*y. Mo.
Secretary— O. C. Ewart, St. Louis. Mo.
Ant. Tr. d Lo<;t! TV.— Jan. H. Frost. Kan-
Gcn. Man., G?n. T. d ,F. Agt.. ' W. E. Gray. B

Gen. Svpt. d T >" City. M.i.

Tkt. And., Traf. A>nL. And. i James H." Frost. Kansas

Pa»*. Beets., & Gen.Avd. \ city. Mo.
Matt. ifacA., Mast. Car Rep.. M--i*t. < W. E. Reeves,

Car Pah/f.. d Fore. Loco. Rep. \ Coburg. Mo.

S"pt. Bdgt. d Road .V'/.*/V/-— J. W. Geary. Clinton. Mo.
Chief JSngtneet — L W. Katzmeyer. Kansas City. Mo.

430 Kau-a- City Suburban Belt RR.

President — E. L. Martin. Kansas City. Mo.
Vice-Prefidfnt—A.. E. Stilwell. Kansas city. Mo.
C'/ F/'V-P/v.*. — A. A. Mosher. Kansas City. Mo.
Secretary — Chas. A. Dean. Kansas City. Mo.
Treasurer— Wm. S. Taylor, Kansas Ci'ty. Mo.
A*gt. Sec. d 7"/v^->\— A "L.Howe. Kansas City. Mo.
Auditor— i. C. Telfer, Kansas City. Mo.
Superintendent—-!. H. Pk-kerinir. Kansas City. Mo.
Oen. CO'tn*- '—Trimble & Braley. Ka-isas City. Kan.
CMef Engineer— i. W. Heylmun. Kansas C'r\. Mo.
Pond Masttr—E. Campbell. Kansas City. Mo.

431 Kansas City, St. Joseph and Council
RR.— (See Hannibal and St. Joseph RR.'

A3vJ Kansas City. Watkins and Gulf Ry.

PrM A- Pjir Ant * J- B. Watkins. Lawrence. Kan., and
rrtb. <ju fT.ii. Agi. -( o ^y.^j] s;^ New York N Y

Vice- President— Alex. Thomson, Lake Charles, La.
Treasurer — D. M. Sprankle. Lawrence. Kan.
$*>.'}•>: fary— W. J. Patterson. Lawrence. Kan.
Auditor— T. L. Palmer. Lake Charles. La.
Chief En.gin?er— P. H. Pbilbrick. Lake Charles. La.
Traf. Man.—J. F. McCoy. Lake Charles, La.

433 Kansas City, Wyaudotte and North-
western RR.

_ . ._ Erb. Kansas City. Mo.

President— W. D. Bethel. Memphis. Tenn.
Vice-President— K. B. Armour. Kansas City. Mo.
Secretary— C. H. Trimble. Memphis. Tenn"
Treasurer — E. Summerfield. Kansas City. Mo.
Gen. Attorney— M. Summerfield. Kansas City. Mo.
Trar. And. — Louis Holcomb. Kansas City. Mo
Cashier— W. F. Shippey. Kansas City. Mo.
S>ir>t.—C. F. Brotherton. Kansas City. Mo.

j,',;^' ,' Frank R. Tibbitts. Kansas City. Kan.

86

CHAMPION

Blower and Forge Co.

LANCASTER, PA., U.S.A.

Write for our 1892 Cata-
logue, fully illustrating 110
different styles of the latest
improved machines used in
Railroad Blacksmith Shops,
Machine Shops and all kinds
of wood and metal-working
establishments.

The Champion No, 1, Forge,

The only Blacksmith Forge in
the market with a 16-inch Fan
and 33x45-inch Hearth, with
sloped bottom Coal Box large
enough to hold one-half bushel
of coal, made purposely to give
every advantage a blacksmith
can possibly have by building a
fire out of brick or stone. Will
warrant this Forge to do the
heaviest Blacksmith Work in
Railroad Shops, Country Black-
smith Shops,Carriage and Wagon
Makers' Shops, and every kind
of a large blacksmith fire that
can be needed.

r

Champion 48-inch Wheel
Crank Blower,

The Champion 1890 Steel
Frame Blower.

Makes more blast with 20
strokes per minute than any
other blower with 35 strokes.
Light running.

The Champion Electric Screw
Plate is absolutely the only solid
die with an adjustment of from
1/1000 to 1/16 of an
inch in the market.

A child ten years
old can adjust it as
accurately as the best
mechanic. Impossi-
ble for one cutter to
cut MORE than
another, consequent-
ly a great saving in
dies, and always cuts
a perfect thread.

The only Two-speed $10 Drilf
in the Market,

The World's Champion Double-
geared and ONLY T AV O -
SPEEDED $10.00 Post Drill
in the market is "OTJR 1891
PATTERN." Made precisely
like all high-priced Double-
geared and Two-speed Drills.
EVERY GEAR HAS TWO
HEARINGS, making it strong
and powerful. Weight, 120
pounds ; drills from J4 to 1J4-
inch hole and to centre of 14^-
inch circle. EVERY DRILL,
AV A R R A N T E D. ALSO
FIVE STYLES OF HEAV-
IER DRILLS AS CHEAP
IN PROPORTION.

Champion Electric Screw Plate.

Made in all sizes and warranted.

KAN-KIN.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

433-446

433 Kan»as City, Wyandotte and North-

western RR. --I'anfinued.

Ma*t }ffcfi.—(r. Mcrtslu-imer. Kansas City, Mo.

GUI. Fgt. <{• Tkt. Agt.—W. K. Fleming, Kan. City, Mo.

Asft.&en. Fgt. I c E Hoffmaster Kansas City, Mo.

cc xuoo. *\.(/l* j

Fgt. tfr Pass. Agt.—C. J. Ryles. Leavenworth, Kan.

Cum. Agt. — C. H. Obcar, Beatrice. Neb.
Cnr Acct.— Louis Lait. Kansas ( ity. Mo.
Tajr Com.— Louis M. Erb. Kansas City. Mo.
Train Mast.— II. W. Sheridan, Kansas City, Mo

434 Kearney and Black Hills Ry.

(Operated by the Wood River Improvement Co.)
President— J. H. Hamilton, Kearney, Neb.
Vice-President— 3. S. Cameron, Omaha. Neb.
Sec. & Treat- — W. E. Davidson. Kearney. Neb.
G. F. d- P. J.— J. H. Lothrop. Kearney," Neb.
Stock Agt.—C. I. Turtle, Kearney, Neb.
Car Acct.—D. M. Coiner, Kearney, Neb.

43-> Keeseville. An Sable Chasm and Lake
Champlain RR.

President— Edmund K. Baber, Keeseville, N. Y.
Vice- President — Rufus Prescott, Keeseville, N. Y.
Gen. Supt.—G. A. Lewis, Keeseville. N. Y.
Sec.& Past. Agt.— Adelbert W Boynton, Keeseville. N.Y.
Treas. &Pur. Agt.—Ch&s. M.Hopkins, Keeseville, N. Y.
General Manager— C. S. Taylor, Keeseville, N. Y.

436 Kent Northern Ry.

Chairm.B'dof Direc. — R. Hutchinson, Richibucto. N.B.
President— J.'D. Shipman, St. Stephen. N. B.
Sec., Gen. Coun.&Atty.— J.D.Phinney, Richibucto, N. B.
Treas. & Gen . Jten.—Wflmot Brown, Richibucto. X. B.

440 Kentucky Union Ry.

/,',,-, ;,-rr— Hamilton F. Keau, New York. N. Y.
Comptroller — Geo. Copeland. Clay City. Ky.
President— Y. D. Carley. Louisville. Ky.
Vice-President— H. C. McDowell. Lexington. Ky.
1 Sec. & Treas.— lj. T. Rosemrarten, Louisville, Ky.

-»pt.— J. M. Phillips, Clay City. Ky.
.-1 tiditor— Russel Armstrong, Clay City. Ky.
Superintendent— T. B. Slade. Clay City. Kv.
i '///'. ;' Hngin" r— T. Wilson Todd. Clay City. Ky.
Matter Mechanic— Jchn R. Martin. Clay Cfty, Ky.
Road Matter— J. K. Sronfe, Clay City. Ky.
Gen.Ff.,Pft**.<(- Pur.. \ qt. -Charles Scott, Louisville.Ky.
Tran. Agtt.- J. Kennedy Tod & Co., New York, N. Y.

441 Keokuk and Hamilton Bridge Co.

President— Andrew Carnegie, New York. N. Y.
Sec. <fe Treas. — Theodore Gilman, New York. N. Y.

442 Keokuk and Western RR.

President -F. T. Hughes, Keokuk. la.
Vice-President— G. H. Candee, Lowell, Mass.

Agt. &Mast. Trans. •

Chief Engineer— H. McPhee, Richibucto, N. B.
Roa'd Mower— fames Murray, Richibucto, N. B.
Master of Mach.— E. Amireau, Richibucto. N. B.

437 Kennebec Central RR.

President— Weston Lewis. Gardiner. Me.

Treat, d- Gen. Tkt. Agt.— P. H. Window, Gardiner, Me.

Clerk— H. S. Webster, Gardiner, Me.

Gen. Man. <{• P>tr. Ar/f.—Y. A. Lawton, Gardiner. Me.

Chitf Engineer— Frederick Danforth, Gardiner, Me.

Auditor— A.. C. Stilphen, Gardiner. Me.

43S Kentucky and Indiana Bridge RR.

President— Bennett H. Young, Louisville, Ky.

Vice-Pres.—W. T. Grant, Louisville. Ky.

Secretary ct 7T/v^.v.— Chas. P. Weaver. Louisville, Ky.

/'//,.— Thomas W. Bullitt. Louisville. Ky.
Gen. Atty. — Alexander Bowling. New Albany, Ind.
General Manager— W. R. Woodard. Louisville, Ky.
Auditor— H. W. Hf-azlitt, Louisville, Ky.
Car Accountant— W. B. Meek. Louisville, Ky.
Ma* far Mechanic — Jno. F. Newhouse, Louisville, Ky.

439 Kentucky Midland RR.

President— William Lindsay, Frankfort. Ky.
Vlce-Preridentr—'D. W. Lind*ey. Frankfort. Ky.
Tr'fa*t'rer—E. L. Samuel, Frankfort, Ky.

Secretary—**.. H. McClure, Frankfort. Ky.

?: I: SMBSSftg-

. 1 <ix*. <f- F'/f. ig,'..—C. D. Bercaw. Frankfort. Ky.

- Fraiikrt- KJ:

—S. French Hosre. Frankfort. Ky.
Mfixf. of Mfi'-h. — Matthew Horton. Frankfort. Ky.
Train Dispatcher — Claude Bowles, Frankfort, Ky.
ti"i,t. of Bridges— 3 . A. Tingle, Frankfort, Ky.

Treasurer— C. M. Jesup, New York. N. Y.

R'd Mast. <0 Xupt. Brrfgs.—D. O'Leary, Centreville, la.
, Chief Clerk Fgt. D/)f.—A. McCrae. Keokuk. la.
i Matter Mechanic — W. Augustus, Centreville. la.
i Transfer Agts.— Cuyler. Morgan & Co., New York.N.Y.

Car Sen-ice Agf.^-T. R. Board, Keokuk, la.

Foreman Loco. Repair*— W. S. Sapp. Centreville, la.

Foreman Car Repair* — A. W. Nickell, Centreville, la.

Foieman far Painters— Chas. Wright. Centreville, la.

Train Master — Jno. P. Boyle, Centreville, la.
! Gen. Counsel— F. T. Hughes, Keokuk. la.

Gen. Attorney— T. DeWitt Cuyler, Philadelphia, Pa.

443 Keystone Coal Company's RR.

Pres. d~ Treas.— Henry A. Stiles. Philadelphia, Pa.

Secretary— Geo. C. Stiles, Philadelphia. Pa.

Gen. 3ttp6riniendent~BAwKT^L3. Weld, Meyersdale, Pa.

444 Kildare and Linden Ry .

President— J. H. Bemis. Jefferson, Tex.
Vice- Pres.— Geo. W. Howell. Atchison. Kan.
Munar/er—W. G. Ragley, Jefferson. Tex.
Sec'y <{• Treat.— C. F'. Bemis. Jefferson. Tex.
Gen.Frt. <k Pas.?. Agt. — W. N. Bemis. Jefferson, Tex.

44-3 Kinderhook and Hudson Ry.

President— John V. Clarke, New York. N. Y.
Vice-PreeMent — Joseph Mullin. Watertown, N. Y.
Treasurer— Frank Walts, Syracuse. N. Y.
Secretary— -C. T. Moffitt. Kingsto!'. N. Y.
Gen. Svpt.—^K. W. Brown, Hudson. X. Y.
Gen. Pa.«. Af/t.—C. F. McLain. Syraruse. N. Y.
Gen. Fgt. Agf.-J. F. Moffett. Syracuse. N. Y.
<;*n. A'id.—VL. C. Hodgkins, Syracuse. N. Y.

446 Kings County Elevated RR.

President — James Jonrdan. Brooklyn. N. Y.
Vice-President— Wendell Goodwin. New York. N. Y.
'j r<-a*nrer — Jas. H. Frothingham. Brooklyn. N.Y.
Secretary— Henry J. Robinson. New York, N. Y.
Cashier— A.. Post. Brooklyn. N. Y.
Auditor— Benj. H. Loden Brooklyn. N. Y.
G.Man. & G. Sup.— Wm. T. Goundie, Brooklyn. N. Y.
Chief Eng.— O. F. Balston. Brooklyn. N. Y.
Gen. Tkt. Agf.—l. P. Devereux, Brooklyn, N. Y.
Mast. Mech.—Y. Hedley. Brooklyn. N. Y.
Mast. Car Painter— J.'L. Hazard. Brooklvn. N. Y.
Foreman Loco. Reps.—C. A. Stafford. Brooklyn. N. Y.
Matter Tninsp.—E. W. Hartoush. Brooklyn. N. Y.
Ma.<t. Car Rep.—W. C. Sheppard. Brooklyn. N. Y.
Road Master— M. J. Comerford, Brooklyn, N. Y.

Railroad Bonds are fully and minutely described in Poor's Manual of Railroads,
ch is now in its 25th year. It is the standard authority. Send for circular. H. V.
& H. W. Poor, Publishers, 70 Wall St., New York.

87

KIN-.LAK.

POORS DIRECTORY OF RAILWAY OFFICIALS.

447-460

447 Kingston and Adelplti Ry.

Manager — John Karshner. Adelphi. Ross Co.. ().
A8*t. Man. ,e 9*

oss o..
' Adl'lphi'

448 Iv in^slon and Pembroke Ry.

. <(: Pres.—C. F. Gildersleeve. Kingston, Out.
Vice- President— 3. D. Flower, New York, 2s . Y.
Sec., Tr., Local Treat, t T xv vi«h icincratrm nm-

& Chief Enff. \ T' ^ ' Naal11 KinS9ton' Ont-

Asst. Y'mw.-Floyd Vail, New York, N. Y.
.Sup. <t- Fuel Ayt.—B. \\\ Folger. Kingston, Ont.
Pur.Agt.,Au(l.Pa88.ltects.i\ I. Whiteoread, Kingston,

Tram. <(• Traf. And. j Ont.

. Mach.—J. H. Taylor, Kingston, Ont.

. Cla*. Kingsto,, O,,,.

Mauler Cur Pa.infrr—P. Driscoll, Kingston, Ont.
Road Master — W. Irwin. Kingston. Ont.
fa/- Acct.—3. H. Taylor, Kingston, Ont.

> iin.d-Atti/. — Kirkpatrick&Rogerg,Kingston,Ont.
Gen. Bag. Agt.— -William Stewart. Kingston, Ont.
Gen. Fgt. Agt.—3. Swift, Kingston, Ont.

449 Kingston, Napanee and Western Ry.

Pres. & Gen. Mgr.—F. W. Rathbun, Deseronto, Ont.
Sec. & Treat.— F S. Rathbun, Deseronto, Ont
Axxf. Gen. Man.—U. C. Carter, Deseronto, Ont.
Ai'ditor — C. A. Millener. Deseronto, Ont.
Superintendent— H. B. Sherwood. Napanee, Ont.
Gen. Fgt. & Pa**. Ar/t. —Gun. A. Brown, Deseronto, Ont.
M(i*t. Mach.—S. A. Davis, Deseronto, Ont

Bay. of Quinte Rail/ cay and Xarigafion ('<>.
President— E. W. Rathbnn. Deseronto, Ont.
Treas. & Sec.—F. S. Rathbun, Deseronto, Ont.
Gen. Manager— H. C. Carter, Deseronto, Ont
Gen. Auditor — C. A. Millener, Deseronto. Ont.
Gen. Supt.—'H. B. Sherwood, Napanee, Ont.
Gen. Fgt. & Pass. Agt.—G. A. Browne, Deseronto, Ont.
Mast. Mech.—5. A. Davis, Deseronto, Ont.
Fare. Loco. Rep. — Robert McLeod, Deseronto. Ont.
Chief Eiig.-~yL. J. Butler, Deseronto, Ont.
Purch. Afft.—Tbe Rathburn Co., Deseronto, Ont.
Gen. Agt'.—E. Walter Rathbun, Deseronto, Ont.

Xari'/at'io/i Co.
President—^. W. Rathbun. Deseronto, Ont.
Sec. & Treas.— F. S. Rathbun, Deseronto, Ont.
Gen. Manager— R. C. Carter, Deseronto. Ont.
Auditor— C, A. Millener, Deseronto, Ont.
SottcUor—Wi B. McMurrich, Toronto, Ont.

Thousand Islands Ry. Co-
President— -E. W. Rathbnn, Deseronto, Ont.
Sec. & Treasurer— F. S. Rathbun, Deseronto. Ont.
Gen. Manager— R. C. Carter. Deseronto. Ont.
Gen. Tkt. Agf .— T. Hanley. Kingston, Ont.
Auditor— C. A. Millener, Deseronto, Out.
Mast. Mechanic— J. A. Davis, Deseronto, Ont.

450 Ktiizua C'reek and Kane Kit.

President— G. W. Campbell. Kane. Pa.
An'fifor—C. A. Buchanan, Kane, Pa.
Gen. Manager— 3. W. Campbell. Kane. Pa.
Gen. Fgt. AgL— Richard W. Smith, Kane, Pu.
Gen. Siipf.—E. W. Campbell, Kane, Pa.

451 Kinzua Valley RR.

President— Samuel G. Deloursey. Philadelphia, Pa.
riff-Pre*.— Nicholas Thonron, Philadelphia, Pa.
Sec. & Treas. -F. S. Buell. Buffalo, N. Y.
Gen. Svpt.—R. Bell. Buffalo, N. Y.
Auditor— John F. Reynolds, Buffalo, N. Y.

1 ">vl Kiioxville aud New River RR.

£V«fefctt<— Charles Sicdlcr. Now York, N. Y.

.SVc. ((- Treaxiirtr -S. <i. Coriell. N. Brunswick, N. J.

Gen. Supt. A. S. Coridl, Jr., Robbins. Tenn.

453 Kiioxville, Cumberland <iap and
Louisville RK.

President— Clarence Cary, New York, N. Y.

Vice- Preside nt—H. F. Pollock, London, Eni:.

•& I nee-President -P. W. Whitrid^-. New York. X. V.

Secretary -"Edwin T. Rice, New York, X. Y.

Trraxitrrr—M.. R. Gay, Knoxville, Tenn.

Auditor & Pun-h,. A<jt.—\\. G. Fraser, Knoxville, Tenn

A -W' A- B1>'- Knoxville. Tenn.

G-n. Supt.—Tu. F. Wynne. Knoxville, Tenn.
Car Accountant— W. G. Gable, Knoxville. Tenn.

454 Kyiunlga and Coosa River RR.

President — R. Morrison. Chattanooir'i, Tenn.
Vice-Pr?$ident—E. R. Ladew, New York, N. Y.
Superintendent— 3 , C. Lanier. Kymulga. Ala.
Treasurer — J. D. Lanier, Kymulga, Ala.
Secretary — Frank Rees, Chattanooga. Tenn.

455 Lac ka wanna and Mont rone RR.

President— W. D. Lusk, Montrose. Pa.
Treasurer— F. H. Gibbens, New York, N. Y.
Sec. cfe Aud.— Fred. F. Chambers, New York, N. Y.
Gen. Manager— W. F. Hallsfead. Scranton, Pa.
Chief Engineer— James Archibald, Scranton, Pa.
Road Master— P. Bowling, Alford. Pa.

456 Lackawanna and Pittsburgh RR.

Receiver— Geo. D. Chapman, 48 Wall St. .New York.
Agent for Rtc. — M. S. Blair, Angelica, N. Y.

457 Lake Chainplaiti and Moriah RR.

President — George R. Sherman, Port Henry, N.Y.
Treasurer— A. Edward Tower, Poughkeep'sie.N. Y.
Secretary— Frank S. Witherbee, Port Henry. N.Y.
Gen. Supt—F*. B. Hedding, Port Henry, N. Y.
raxhier—W. M. J. Bottmm, Port Henry. N. Y.
Engineer — Samuel B. McKee, Mineville, N. Y.
Master Mach.-C. P. Morrison. Port Henry. N.Y.
Master Car Rep'r—R. C. Smith, Port Henry, N. Y.
('(ir Accountant— §. F. Lane, Port Henry, N. Y.
Road Master — Chas. H. Holmes, Port Henry, N. Y.

458 Lake Comity (Forest) Ry.

Gen. Manager — Thomas R. Lyon, Ludington, Mich.
Gen. Superintendent — Edwin Goodrich, Branch. Mich.
Chief Engineer— ~Ro$coe McEwen, Branch, Mich.

Woodrllff' Ludington, Mich.

Jonn

459 Lake^Creek RR.

Pres.. Treas. d- Supt.—R. T. Hardesty. Montgoinery,Tex.
S,-frffarj/ — H. H. Lummis, Houston. Tex.

46O Lake Rric, Alliance mill Southern Ry.

President— A. L. Griffin. Pittsburgh, Pa.
Vice-President-^. J. Williams, Alliance, O.
Sec. cfe Treay.— L. M. Lawson. New York. N. V.
Supt. & Pass. Agf.—F>. E. Scranton, Alliance, o.
Auditor— D. V. 'Anlt, Alliance, O.
Car Accountant — C. O. Scranton. Alliance, o.
Train Master— F. P. DeLong. Alliance. < >.
Road Master— W. H. Randolph. Alliance. O.
Ass't G. F. <£ P. A.—W. D. Winans, Alliance, O.

PETTIBONE, MULLIKEN & CO., Chicago, 111.

Track Drills, Rail Braces, Rail Benders.

88

LAK-LAK.

POORS DIRECTORY OF RAILWAY OFFICIALS.

Ittl

Hil Lake Erie and Western RR.

Pi-fa. <l- (,en. Com,*.— Calvin S. Brice. Lima, O.
l'.-r . :.. M. s.-hwan. New York. X. Y.

Gen. JftiMOpgr— Geo. L. Bradbury. Indianapolis, Iml.
A$$t.Trea$.—\. D. Thomas, Indianapolis. Ind.
.4v</<7w— W. A. Wildhack. Indianapolis, Ind.
>•//*.— D. S. Hill. Indianapolis. Ind.

". Snpt.— (T. T. Jarvis. Indianapolis. Ind.
A/fr>rn,>/—\V. E. Ilackt-dorn. IndianapolfB. Ind.
fags, cfe Bag. Ayt.-C. F. Daly. Indianapolis, Ind.
, , , . r, . , . \ S. B. Sweet. Indianapolis, Ind.
4«*. ft*. /r//. Jf//x. - A G yo^ Indian^;, Tnd.

Traffic .Van.— H. C. Parker. Indianapolis. Ind.
Sfuperv. JL •(• H.— T. J. Kinder, Tipton, Ind.
T ,< j, /•/ t H. P. Dodd, Indianapolis, Ind.
7V«r. A**tort\ ., H rpp indianapSiiB, ind.

C. Ena. ({• Pnrch. Afft.—T. H. Perry, Indianapolis, Ind.
••'^'/<<7 Engineer— 3 . H. Pirkey, Indianapolis, Ind.

Ind.

I 4«3 Luke £hore A M i« hicaii Southern Ry

Continved.

Ami. Fat. Xfr'f*- -I?. H. Hill. Cleveland, O.
An, I. 7V-. Rec'tt—V. A. Wyman. Cleveland, O.
Chief Enginetr— E. A. Handy. Cleveland, O.
Eng. L. S. Dir.—C. A. Carpenter, Cleveland. O.
Enf/'n,', r M. 8. I >'<•-.— Samuel Rockwell. Toledo, <).
001, To////.W-Geo. C.Greene, Cleveland. ().
Afixf. <•' n. < >"///«/— O.G.Gerzen-Danner. Cleveland, O.
Traveling A't'litor -3. T. Haylen. Cleveland. O.

( J. E. Slater. Cleveland. O.
Asst.Tr. Auditors- F. B. Hull. Cleveland. O.

/ C. H. Putnam. Toledo. O.

Mtlit. Mot. Power— G. W. Stevens. Cleveland, O.
Gten. Most. Car Bvilder—John Kirby. Cleveland. O.

Sufit. of fy'/ip. — P. Reilly, Lima. O.

xttjtf. Sanawky JJir.—O. W. Bell. Lima. O.

Snpt. Peoria I)ii'.—O. E. Grady. Lafayette, Ind.

Train Manors— M. P. Deniston, Peru, Ind. : J. D.
Hoban, Muncie, Ind.
Storekeeper— ?L. K. Fredericks, Lima, O.
Mast. Car Builder— W. H. Tompkins. Lima. O.

Foremen Car Repair*— 3. D. Guvton. Sandusky. O.;
P. E. Hassertv, Lafayette, Ind.; G. W. Deibert, Peru,
Ind.: W. H. Fultz, Indianapolis. Ind.: Charles A. Wil-
son. Peoria. 111.
Foreman Car Painters — Geo. Paullis, Lima, O.

Road Matter*— J. L. Steiner. Lima, O.: E. Hoean,
Tipton, Ind.: Jas. Sloan. Paxton. 111.; F. Sullivan.
Pern, Ind.: J. D. Hoban. Muncie. Ind.
Trav. Frit. Ar/f.—T. O. Baker, Indianapolis, Ind.
Trav. Pa**. Ar/f.—E. N. Hicks, Indianapolis, Ind.
Gen. Agent— H. J. Graham, Peoria, 111.

HivJ Lake Erie ami Detroit River Ry.

President— Hiram Walker. Walkerville. Ont.

Vice- President—1^. A. King. Kinjrsville. Ont.

Trea#>trtr—J. Harrins?toir\yalker. Walkerville, Ont.

Secretary — G. J. Leggatt, Windsor, Ont.

GUI. Auditor— Alexander Leslie, Walkerville, Out.

Gtn. Manager— E. C. Walker. Walkerville. Ont.

G. Sitpt. d- rraf.Ma,..—V?m. Woollatt. Walkerville, Ont.

Chief Engineer — Joseph De Gu'rse, Windsor, Ont.

Road Master— Henry Morris, Walkerville. Ont.

Mast, of Tranfp.—C. C. Young, Walkerville, Ont.

Mech. Supt.—S. Austin, Walkerville, Ont.

4<»:j Lake Shore & Michigan Southern Ry.

Chan-man— Wm. K. Yanderbilt. New York, N. Y.
President & fcn'/Jfofl.— -John Newell, Cleveland, O.
Assi. to Pres.— Addison Hills. Cleveland. O.

ViS'T^ SfC' {- E' D- ^rcester. New York, N. Y.
A**'. Treasurer— Dwight W. Pardee. New York. N.Y.
Local Treat*. & A**f. *(C.— N. Bartlett. Cleveland. O.
A<*f. Gen. .Van.— P. P. Wriffht. Cleveland, O.
Gen. .y//y,/.-'W. H. Canniff. Cleveland, O.
Ass't Gen. Snpt. -P. S. Blodirett. Cleveland, O.*

f H. J. Lawrence, Pittsburgh. Pa.

i I. L. Clark. Chicago. 111.
G^n.Agts.^ G. H. Mclntire. Yonnffstown, O.
H. Bromley, Cleveland. O.

{T. J. Charlesworth. Cleveland, O.
Gen. Pass, d- Tfcf. Ar/t.—.\. J. Smith. Cleveland, O.
A**f. Pa*.?, d- 77,/. A(/t.—E. C. Luce. Cleveland. O.
Gen. Frt. Agt.—3. f . R. McKay. Cleveland. O.

Axst r** p-rt i,,t ^ John G. James. Cleveland, O.
Ant. Gen. Frt. Arjt. -( M s Cnage> Chicago. 111.

r>>>- w,,t ,,,/, I A. E. Billiiiirs. Toledo. O.
Btt . Fat. Afftl. - Geo F McKav. Cleveland. O.

fA. W. French. Cleveland, O.

Tr,n- Wni 4nte j S. A. Lytle. Cleveland, O.
J>a>. Ffjt. Agt*. \ w j Keller To]edo. O.

[S. B. Giddimrs. Chicago, 111.
Conf. Ar/t.—G. M. Crosier. Cleveland, O.
80. K'f. Conf. Ar/t.—V. B. Eldridue. Kansas City. Mo.
.Vo. W,,. font. Ar/f.—,J. E. James. St. Paul, Minn.
Tin. Cord. Ant.— J. J. Ford. Denver. Col.
E. & So. Pats. Aat.—J. A Burch. Buffalo. N. Y.
W/t. Pn*s. Ayt.—C. K. Wilbur. Chicasro. 111.
Auditor— C. P. Le'.and. Cleveland. O."

.M. Wait,, (levelaod.0.

Pnrch. Af/tnf—C. B. Couch. Cleveland. O.
Car Accountant — C. E. Wheeler. Cleveland. O.
sup'. Bridge*— G M. Reid, Cleveland. O.
Gen. Bag. Agt.— J. L. Freeman, Cleveland, O.
S>/pt. Telegraph— ~W\]]\nm Kline. Toledo. O.

* T. S. Lindsev, L. S. Mr., Cleveland. O.

^ fj H Hinkley. ^ s_ Dif^ Chicago. 111.
Tax Agent— Qt. Jaeger. Cleveland, O.
Lumber Agent— R. A. Bury, Adrian, Mich.

Eastern Di ris ion .

Superintendent— T. W. Niles. Buffalo. N. Y.
if /„ ir * (John Robinson. Buffalo. N. Y.

Mart* Jfetouttj j s Graham. Cleveland. O.

\TdKt rn,< TfHiitJt,^ * A- c- Robson, Buffalo. N. Y.
Mast. Car Builder* -, Geo N Dow Clt.veland. , ,.

Road Master— ^l. Connors. Silver Creek. N. Y
-, R'd Matt. Erie Dii:-G. H. Prentice, Painesville, O.

Toledo Division.

Superintendent— J. K. Russell. Cleveland. O.
Mast. Mechanic— A. A. Bradeen. Norwalk. O.
Matter far Builder— J. R. Reniff, Norwalk, O

' °- ^rossley. Elyria. O.

'I G. C. Dunham, Norwalk. O.

Michigan Division.
—T!. F. Whittelsey. Toledo. O.
Mast. Car Builder— T. O. Bray. Adrian, Mich.
f J. A. Prentice. Toledo. O.

T?™,/ I//,.*.* J E- A- Theed, Coldwater. Mich.
Road Masters^ H j Corbus Adrian. Mich.

i, J. Wirley, Kendallville, Ind.

Wt stern Division.
—'D. G. Sutfin. Chicago, 111.
Master Mech.— W. L. Gihnore. Elkhart. Ind.
Master Car Builder— T. Fildes. Englewood. 111.
7?/™/7 i^/«/^>.* * J0?iePh Pool. La Porte. Ind.
Road JfiMfert-j ^ j BreWi EngieWood, 111.

Franklin, Younystoicn and Sharon Branches.
Superintendent — A. B. Newell. Younestown. O.
Road Master— G. A. Houghton, Andover. O.
Asst. Train Master— A.. B. Newell, Youngstown, O.

Det., MOD., Fay-i Dand. and Jack. Branches.
Superintendent— S. S. Hand, Detroit, Mich.
Road Master— J. Collora, Monroe, Mich.

Lans.. Ypsil. and Fort Wayne Branr]/,-*.
Superintendent— A. H. Smith. HillsdaK Mich.
Pn//,/ i//-,*//,,-, * A- Storms. Hillsdale. Mich.
Road Mas(ejs-( H w Church. Jackson. Mich.

Kalamazoo Dirisif,,-,.

Superintendent— A. G. Amsden, Grand Rapids. Mich.
Actinrj R'd Mast.—H. H. Houghton, Kalamazoo. Mich-

464 Lake Side and Marblehead RR.

President — W. O. Chapman. Boston, Mass
V-£n^P*n, A^. >leb E. Gowen, Cleveland, O.
Sec. ft- Gen. A'ld.—VT. A. Pardee. Cleveland. O.
Superintendent— W. M. Harsh. Marblehead, O.
G. F. <{• T. Agt.—n. R. Moore. C'leveland, O.
Gen. Counsel— 3. C. Hale, Cleveland, O.

89

LAK-LEX.

POORS DIRECTORY OF RAILWAY OFFICIALS.

463 473

465 Lake Tahoe UR.

Pres. & Gen. Man. — D. L. Bliss, Carson, Nev.

Secretary— Geo. F. Ford, Carson, Nev.

Gen. Supt.—G. T. Bliss, Glenbrook, Nev.

Supt. Br. & Sail.—Wm. Wedge, Glenbrook, Nev.

Master Mechanic— O. R. Williams. Glenbrook, Nev.

Forem. Car £e».—Jno. Trexall, Glenbrook, Nev.

Road Master— P. Mansfield, Glenbrook, Nev.

466 I ancaster and Hauiden Ry.

President— J. G. Reeves, Lancaster, O.

Vice-President— W. B. McCraken, Lancaster, O.

Treasurer— T. Rising, Lancaster, O.

Secretary— R. F. Dunn, Lancaster, O.

Gen. Jfdn.—E. P. Buell, Tarlton, O.

Chief Engineer— -W '. W. Hagerman, Lancaster, O.

Chief Contrs.—E. P. Buell & Co., Tarlton, O.

467 Lancaster, Oxford and Southern Ry.

f resident — Walter M. Franklin, Lancaster, Pa.
3fc. & Treas.— J. W. B. Bailsman, Lancaster, Pa.
Supt. & Trans. Agt.—G. Renie Dickey, Oxford, Pa.
Chief Engineer— $. C. Slaymaker, Oxford, Pa.

K»s Laurel Fork and Sand Hill RR.

President— Wm. C. Stiles, Jr., Volcano, W. Ya.
Secretary— Qeo. C. Stiles, Philadelphia, Pa.

Treasurer— Henry A. Stiles, Philadelphia, Pa.

Gen. Supt.—C. F. Pontious, Volcano, W. Va.

469 Lebanon Springs RR.

Receiver — Wm. V. Reynolds, Bennington, Vt.
Superintendent— ft. D. Bennett, Bennington. Vt.
Gen. Fgt. & Pass. Agt.— Jos. Child, Bennington, Vt.
Mast. Meek. & Car Rep.— Geo. Tefft, Chatham, N. Y.
R. M.—R. E. Brimmer, No. Petersburg!!, N. Y.
Purch. Agt.—E. D. Bennett, Bennington, Vt.
Gen. And.— William H. Hawkins, Bennington, Vt.

470 Lehigli aud Hudson River RR.

Pres.,G.M. & Pur. Agt.— Grinnell Burt, Warwick, N. Y.
"Vice-President— Joseph S. Harris, Philadelphia, Pa.
.Secretary— -D . B. Halstead, New York, N. Y.
Treas. & Gen. Pass. Agt.— John Sayer, Warwick, N. Y.
Gen. Counsel— Garrett A. Robert. Paterson, N. J.
Gen. Attorney— S. J. Beattie, Warwick, N. Y.
Supt-.—fJ. L.'Furman, Warwick, N. Y.
Gen. Frt. Agt.— Frank E. Smith, Warwick, N. Y.
Asst. Gen. Frt. Agt.—^L. Rutherford. Warwick, N.Y
And. cfi Traf. Aud.—'E. M. Reynolds, Warwick, N. Y.
Master Mechanic- Stott Mills, Warwick, N Y.
Supt. Tks, Br. & Bids.— P. W. Barrett. Warwick. N.Y.
.Mast. Car Paint.— S. B. Owens, Warwick, N. Y.
Chief Engineer— Charles Caldweil. Newburgh, N Y.
Car Acct.— Frank T. Sayer, Warwick, N. Y.

471 Leliigh and Lackawaiiiia RR.

President— So*. S. Harris, Philadelphia, Pa.
Sec. & Treas.— S. Shepherd. Philadelphia. Pa.
Auditor— C. F. Howell, Philadelphia, Pa.
General Agent— E. Hill, Philadelphia, Pa.

472 Leliigh Valley RR.

President— E. P. Wilbur, So. Bethlehem, Pa.
Vice- President— Chas. Hartshorne, Philadelphia, Pa.
•2:1 Vice Pres.— Robert H. Sayre, So. Bethlehem, Pa.
3-1 Vice-Pres.— John B. Garrett, Philadelphia, Pa.

AS&'GenP>Soi [HenryS. Drinker, Philadelphia, Pa.

ASVice-Pr%1 |-Rollin H- Wilbur, So. Bethlehem, Pa.
Gen. Traffic Myr.— John Taylor, So. Bethlehem, Pa.
Gen. Eastern Supf.—H.. S. Goodwin, So. Bethlehem, Pa.
Gen. Northern Supt.— William Stevenson. Sayre. Pa.
Treas. & Pur. Agt.—W. C. Alderson, Philadelphia, Pa.

473 Lehigh Valley RR.— Continued.

Secretary — John R. Fanshawe, Philadelphia, Pa.
Afist. Secretary— David G. Baird, Philadelphia, Pa.
Gen. Land Agt.— Israel W. Morris, Philadelphia, Pa.
Gen. Coal Agt.— Win. H. Sayre, So. Bethlehem, Pa.
Comptroller— Isaac McQuilkm, Philadelphia, Pa.
Chief Engineer— A. W. Stedman, Mauch Chunk, Pa.
Asst. Chief Eng.— Chas. E. Webster, So. Bethlehem, Pa.
Prin. Asst. Eng. — W. G. Berg, Jersey City, N. J.
Supt. Coal Br.— James I. Blakslee, Mauch Chunk, Pa.
Supt. of Mines— W. A. Lathrop, Wilkesbarre, Pa.
Gen. Frt. Agt.— John H. Heckman, So. Bethlehem, Pa.
Asst. Gen. Fgt. Agt.—W. S. Speirs, So. Bethlehem, Pa.
n^i Wnt Ant* J Bert Hayden, Sayre, Pa.
Div. Fgt. Agts. -j c A K\OO&, Pottsville, Pa.
Gen. Pass. Agt.— ft. B. Byington, So. Bethlehem, Pa.
Gen. Tkt. Ag't.—A.W. Nonnemacher, So. Bethlehem,Pa.
Gen. East. Pass. Agt.—Wm. B. Smith, New York, N. Y.
Gen. East. Fgt. Agt.—Thos. J. Klase, New York, N. Y.

• p- c-

Master Mechanics

Gen. S. East. Pass. Agt.— N.Van Horne.Philadelphia,Pa.
Aud. Through Fgts.—Chas. H. Wfebb, S.-Bethlehr-m, Pa.
Aud. Local Fgts'.—John Green, So. Bethlehem, Pa.
Actg. Aud. Coal Fgt.— W. W. Weaver,Manch Chunk,Pa.
Avd. Pass. Fgts.—A. W. Nonnemacher, So. Beth., Pa.
Supt. Hazleton Div.— A. Pardee, Hazleton, Pa.
Supt. Wyoming Div.— A. Mitchell, Wilkesbarre, Pa.
Supt. N. J. Div. -James Donnelly, Perth Amboy, N. J.

ASS:MPDif.' H' & f A" P" Blakslee, Delano, Pa.
Assi. Supt. So. Cent. Div.—R. D. Titus, Auburn, N. Y.
Gen. Car Agt.— Asa P. Blakslee, So. Bethlehem, Pa.
Asst. Gen. Car Agt.—'F. J. Krom, Sayre, Pa.
Asst. Purch. A gf'— Edward Y. Hartshorne, Phila., Pa.
Paymaster— J. 'H. Wilhelm, Mauch Chunk, Pa.

- w- Latti=' So- Bet"lehem- Pa-

Train Master (No. Div.~)—R. M. Badger, Sayre, Pa.
f J. I. Kinsey, So. Easton, Pa.
David Clark, Hazleton, Pa.
C. H. De Witt, Weatherly, Pa.
John Campbell, Delano, Pa.
| J. N. Weaver. Sayre, Pa.
L Alex. Mitchell, Wilkesbarre, Pa.
Supt. Car Dept.—John S. Lentz, Packerton. Pa.
Supt. Bridges— W. F. Pascoe, So. Easton, Pa.

Road Master-*— (Eastern Division) Richard Caffrey
White Haven, Pa. ; (Northern Division1* Jno. M. Ranm,
Towanda, Pa. ; ( -- Division) W. B. Mack, East
Mauch Chunk, Pa: ( --- Division) I. O. Man-
deville, Hazleton, Pa.

Lehigh Valley Ey. (New York).
President— Elisha P. Wilbur, Bethlehem. Pa.
Vice-President— Charles Hartshorne. Philadelphia, Pa.
2cZ Vice-Pres.— Robert H Sayre, Bethlehem, Pa.
M Vice-Pres.— John B. Garrett. Philadelphia, Pa.
Treasurer — Wm. C. Alderson. Philadelphia, Pa.
Secretary— 3 . R. Fanshawe, Philadelphia, Pa.

Easton and Amboy RR. (New Jersey).
President— Elisha P. Wilbur, Bethlehem, Pa.
Vice-president— Charles Hartshorne. Philadelphia, Pa.
2d Vice-Pres.— Robert H. Sayre, Bethlehem, Pa.
MVice-Pres.— John B. Garrett. Philadelphia. Pa.
Treasurer — Win. C. Alderson, Philadelphia, Pa.
Secretary — J. R. Fanshawe, Philadelphia, Pa.

473 Lexington Terminal RR.

President— William M. Howard, Lexington, Ga.
Vice-President — Hamilton McWhorter, Lexington, Ga.
Treasurer — Geo. C. Smith, Lexington, Ga.
Secretary — T. G. Lester, Lexington, Ga.
Gen. Manager— J. T. M. Haire, Lexington, Ga.

W" J' Knox' Lexington, Ga.
r Trdnsp.— Robert Reynolds. Lexington, Ga.
Ti'(in*f>-r Agt.— A. Little, Crawford, Ga.

The Silver Question, up to the time of the resumption of specie payments, January
1, 1879, is ably treated by H. V. Poor in his work " Resumption and the Silver Ques-
tion;" price, $1, post free. Order of your bookseller, or send direct to the publishers,
H. V. & H. W. Poor, 70 Wall St., New York.

90

Lio-Lou.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

474-490

474 Ligonier Valley RR.

President- Thomas Mellon. Pittsburgh. Pa.
Sec. d Treas.—ll. B. Mellon. Pittsburgh, Pa.
Gen. Manager— T. A. Mellon, Pittsburgh, Pa.
Gen. Supt., Chf. Eng.. '•

Fgt., Pinch, d Trai^f-r -Geo. Senft, Ligonier, Pa.

Agt. d Matter Trantp., \

[f/t. d And.—J. R. M.-llon. Pittsburgh, Pa.
Ma*t<-r Hack.— 8. L. French. Ligonier. Pa.

Cur IlniM'r- Geo. Senft, Ligonier, Pa.
Rnu't Matt. <t- xnpf. Br.—Jol\\\ W. Rhay. Ligonier, Pa.

475 Litchfleld Belt Ry.

Genera' Manager— L. C. Haynes, Litchfleld, 111.

476 Litehfleld, Carrolltonancl Western RR.

- « Jacksonville Southeastern Line.)

477 Little Book Cliff Ry.

Pre.i. ,{• G. M. — W. T. Carpenter, Grand Junction, Col.
^>,^-Pre.-<idi-nt— N. N. Smith, Grand Junction. Col.
Secretary — W. J. Quinn, Grand Junction, Col.

478 Little Rock and Fort Smith Ry.

President— George J. Gould. New York, N. Y.
Vice-Pres. d Gen. Man.—S. H. II. Clark. St. Louis, Mo.
- '/*.<(• Trims. Agt.— A. H. Calef. New York. N. Y.

Ad'£nd Com. ^ \ G' A' A' Dea»e- Li«le Rock- Ark'

G'ti. Anditor^C. G.Warner, St. Louis. Mo.

Local Treasurer— D. S. H. Smith. St. Louis. Mo.

Gen. Supt.—K.. E. Ricker. St. Louis. M<>.

Act. Fgt. Traffic Man.—C. A. Parker. St. Louis, Mo.

G>,>. Fgt. Agt.—W. C. Stitch, St. Louis. Mo.

Dlst. Fgt. Agt.—X. R. Bragg, Little Rock, Ark.

^TU^Aaf !" H- C" Townsend' St- Louis, Mo.

Gt-n. Bag. Agent— 3 . C. Nichols. St. Louis. Mo.

Sfnginter—J&B. W. Way. St. Louis. Mo.
Division $vpf.—Vf. T. Kelly. Little Rock. Ark.
Ma*f. Mech.— Frank Rearden. Baring Cross. Ark.
Mast, far Builder— Samuel Irvin. St. Louis. Mo.
Snpt. Car Service-^C. W. Heguembourg. St. Louis, Mo.
Snpt. Bridge* d Wdns.—R. M. Peck. Pacific. Mo.
Sxpt. Telegraph— C. 'W. Hammond. St. Louis. M •>.
Purchasing Aaeat— Abram Gould. St. Louis. Mo.
Land Com.—G. A. A. Deane, Little Rock. Ark.

479 Little Rock and Memphis RR.

Pre*. d Gen. Man.— Rudolph Fink. Little Rock. Ark.
See. d Tr-a.o.—J. W. Goodwin. Lirtle Rock, Ark.
Gen.Frt.d Tkt. Agf.—H. W. Morrison. Little Rock. Ark.
And. d Land Agf.—Y. E. Hastings. Little Rock. Ark.
Superintendent— A. G. Jones. Memphis. Tenn.
Master Mach.—T. Rennell, Argenta. Ark.

Road Master d- Svpt. Brr/s.—A. McAvoy. Brinkley. Ark.
. Baa. Aat.—M. Toomey. Little Rock. Ark.

483 Long Island RR.

President— Austin Corbin. New York, N. Y.
Vi'-.e-Preiident— Charles M. Pratt, New York, X. Y.
2d VicecPres.— Benj. Norton, Lonsr Island City, X. Y.
Secretary— E.. B. Hinsdale, New York. N. Y. "

ASAgeftC' & T™n*' >• S' Voorhees. New York. X. Y.
Tn'axiirfr—Geo. S. Edgell, Xew York. X. Y.
General Snpt.— I. D. Barton, Long Island City. N. Y.
.lx.s-/. svpf.—'W. H. Blood. Long Island City. \ Y
Xupt. Telegraph— L. S. Wells, Long Island City, L. I.
And. ({• Cashier— J. Carlsen, Lonir Island City.'N. Y.
And. Reremie—C. D. Penniugton, L. Island Citv. N. Y.
Traffic Manager— II. M. Smith. L. Island City X Y.
Purch. Agt.— Geo. L. Hubbell. Long Island C'ifv. X. Y.
3Ta*t. CarB/d'r-Wm. Il.McKaie. Richmond Hill, L.I.
$"pf. Mot. P.—C. A. Thompson, Richmond Hill, L. I.
Train Master— W. L. Jarvis. Long Island City. X. Y.
Chief Engineer --P. D. Ford, Brooklyn. N. Y. "
Snpt. Bldgs.-J. H. Cummin. Lone Island City. N. Y.
flnpt. Express—^!. H. Hnbbell. L. Island City. N. Y.
Storekeeper— J. O'Connor, Richmond Hill. L'. I.

4S4 Lookout Incline RR.

President— D. Woodworrh, Jr., Chattanooga. Tenn.
Vice-President— 13. F. Temple. Chattanoosra. Tenn.
.•v-'/v/v?/ >/ — L. E. Montague, Chattanooga, Tenn.
Gen. Manager— B. Clay "Evans. Chattanooga. Tenn.
Superintendent— T. M. Derickson. Chattanooga. Tenn.

485 Los Angeles and Pacific Ry.

Pres. d Gen. Mrt>>.—$. W. Luitwieler. Los Angeles, Cal.
Vice-President— A. Gavlord. Santa Monica. Cal.
Sec. d Treas.—$. P. Rees, Redondo. Cal.
Traffic Man.—'R. C. Shaw. Los Angeles. Cal.

JfeuJfack !"E- ^*' Cnnrca- Los Angeles. Cal.
f!Mef Engineer— I*. Friel. Los Argeles. Cal.
Road Master— Fred. Mink. Los Angeles. Cal.

486 Los Angeles Terminal Ry.

President— George B. Leighton. St. Louis. Mo.
, V.-Pres. <{• Gen. Man.—T. B Burnett. Los Angeles. Cal.
Sec. <{• Transfer Agt. — ~W. Wincup. Lo* Angeles, Cal.

***Aa?^& Utenti098 !"^*m- W'11CUP- Los Angeles. Cal.

Auditor— F. K. Rule. Los Angeles. Cal.

Mn*t. Me,-!,, d Mast. \ c Shank?- Lo. Angeles, Cal.

Mast. — E M. Jessup. Los Angeles. Cal.

Louisiana and Nortli-West RR.

. — D. A. Boody, 57 Broadway. New York.
T';,.,-/v,,. ,{- Gfen. Man.—J. D.Beardsley. Gibsland. La.
Treasurer— J.P.Howell. 17 New Street.New York. N.Y.
s-, . -ritiiry — Remson Rnshmore. Brooklyn. N. Y.

Gen.

Foreman Loco. fieps.—C. Robkin. Argenta. Ark.
Mast. Car J?eps.—A. Waldo. Arsrenta. Ark.
Ma«f. Car Paintfr—Y. Mattice. Argenta, Ark.
Gen. Attorney— U, M. Rose, Little Rock. Ark:

4SO Little Rock Belt Ry.

Pres. d- Gen. Man.—H.. P. Bradford. Little Rock, Ark.
&c. <t- Treas.— Geo. R. Brown, Little Rock. Ark.
Chief Engineer— H. G. Fleming, L:ttle Rock. Ark.

481 Little Saw Mill Rim RR.

President— Jehu Haworth. Pittsbursh, Pa.

Sec. & Gen. Aftij.—C\\&$. S. Fetterman. Pittsburgh, Pa.

Treasurer— Jacob Heurici. Pittsbursh. Pa.

Gfi'i. Manager— ~R. W. Jones. Pittsburgh. Pa.

M»*f. Mn.-X.-E.. A. Huneawell. Banksville. Pa.

Purcn. Agt.—C. Schoeneman, Banksville, Pa.

482 Liverpool Coal Ry.

///—Paul Morton. Chicago. 111.
Treasurer— G. W. Traer. Chicago. 111.
Superintendent— T. J. Phillips.^rhica°-o, 111.
Purch. Aat.—C. E. Phelps. Chicago. 111.

. . . .

I Stewart L. Woodford. 18 Wall Sr., New
r'tS'1 York, N.Y.

488 Louisiana, Arkansas and Missouri RR.

t— Harlow W. Hoyt, New York. N. Y.

_Lo£an H. Roots. Litile Rock. Ark.
J Secretary— Philip G. Hoyt. New York. N. Y.
Treasurer— Chas. E. Kirhball. New York. N. Y.
Gen. >$>/pt. d- C. Eng.—W. C. Agnew. Little Rock, Ark.

489 Louisiana Central RR.

President— S .G. Parkerson, Lafayette. La.
r.-Pret.,8ee. d- Trens.—I$aac E. Gates. New York, N.Y.
Gen. Snpt. — A. D. Barrow, Port Allen, La.

490 Louisville and Nasliville RR.

CJiairrnan — August Belmont. New York. N. Y.

-;//«•/»/— Milton H. Smith. Louisville, Ky.
\.it Vice-Preg.—S. R. Knott. Louisville. Ky.
•2<f Vh'r-Pres.—A. >[. Quarrier. New York. N. Y.
3'/ I'ice-Pres.—'W. J. Wood. Nashville. Tenn.

•' t0 Pre*.—R. H. Insram. Louisville. Ky.
K-crftnry—3. H. Ellis. Louisville. Ky.
Treasurer — W. W. Thompson, Louisville, Ky.

91

Lou -Lou.

POOR S DIRECTORY OF RAILWAY OFFICIALS.

490 490

490 Louisville «k Nasliville RR.— Continued.

A" W" Morriss> New York, N. Y.
Asst. Treat.— S. H. Edgar, Louisville, Ky.
Cashier— G. W. Proctor, Louisville, Ky.
Asst. Cashier— E. E. Ranney, Louisville, Ky.
Transfer Agent— H. Anthon, New York, N. Y.
Comptroller — Cushman Quarrier, Louisville. Ky.
Asst. Comptroller— Chas. Hayclon, Louisville, Ky.
Auditor of Reefs. — Edward Rowland, Louisville. Ky.
Asst. Auditor of Reels.— W. J. Dickinson, Louisville, Ky.
Auditor ofD&b.— R. E. Sewell, Louisville. Ky.
Asst. Auditor of Disb.— D. J. Dnane, Louisville, Ky.

OPERATING DEPARTMENT.

Gen. Manager— 3. G. Metcalfe, Louisville, Ky.
Chief Engineer— R. Montfort. Louisville, Ky.
Supt. 3/<7<Vi.— Pulaski Leeds, Louisville, Ky.
Supt. Transp.— George E. Evans, Louisville, Ky.
Car Account.— IS. L. Hill, Louisville, Ky.
Purch. Agent— P. P. Huston, Louisville, Ky.
Fuel Agent — R. S. Knowles, Louisville, Ky.

LAW DEPARTMENT.

Chief Attorney — Russell Houston, Louisville, Ky.
Asst. Chief Aity.— H. W. Bruce, Louisville, Ky.

Division Superintendents.

L. C. & L. Div.—C. A. Davies, East Louisville, Ky.
Ky. Cen. Div.—'L. Hood, Cincinnati, O.
Louisville Div.—Vf. P. Pike, Louisville, Ky.
Cumb. V. Div.—3. W. Logsdon, Middlesboro1, Ky.
Nashville Div.—JB.s. Geddes, Nashville, Tenn.
Asst. Supt. Nashv. Div.—C.R. Phelps, Nashville, Tenn.

- Newbold-

Ala-

Asst. Supt. So. & No. }

Ala. cfc Birm. Min. '/-B.M. Starks, Birmingham, Ala.

RR. \

Ala. Min. KR.—T. K. Scott, Anniston. Ala.
Mob. & Mont. Div.—J. I. McKinney, Montgomery, Ala.
Supt. N. 0. & M. Div.—G. Marshall, New Orleans, La,
Supt.Pens.jDiv. and | R Q Sa]tmarsh) pensacola, Fla.

Supt. M. Line— Hi. S. Robertson, Memphis, Tenn.

Supt. C. <& P. Div.—S. Dunn, Clarksville, Tenn.

SU\ashU£lyb' * I" Wl S' Martin' Russellville' K^

Superintendents of Terminal*.
Cincinnati, 0., /

Newport & >-B. Arnold, Cincinnati, O.
Covington, Ky. }

*" Ky* *• f E' H- B»rc"> Lu"toille-

p- Bryan' st- Louls' Mo-

MASTER MECHANICS.

Louisville. Cincinnati and Lexington Divisions,
Master Mech.— Wm. Adair, E. Louisville, Ky.

Kentucky Central Division.
Mast. Jfech.—S. R. Tuggle, Covington, Ky.

Louisville Division.

*fnct,» \i*+i,»ni+
Master Mechanic -

* J- G- Clifford, Louisville, Ky.

-f R Moran? Bovling Green?

aster Mechanic. )

S. & N. A. and VC. B. Gifford, Birmingham, Ala.

B. M. RRs. j

" Watters' Anniston, Ala.

49O Louisville <fc Nashville RR. — Continued.

Gen. M. M. N. & J). l)h\ }

N., F. & /S'. Ry., S. (6 .V. VA. Beckert, Decatur, Ala.

A. RR., & B. M. RR. j

For., M. & M. Div.—J. D. McNabb, Montgomery, Ala.
Master Mechanic, 2V. 0. <f- M. > n Ar,-lfo Ar^^?-,. n.,

Div. ({- M. ct- JA Die. \ IL Minto^ *oMle, Ala.

.For., JT. 0. (t- M. 1>it\— Lee Morris, New Orleans, La.
. Walsh, Howell, Ind.

Master Mechanic, P. Div.—C. F. Giles, Pensacola, Fla.
^l/as^. Mech. Mem. Line. — J. V. 81u<ser. Memphis. Tenn.
^ew, For., 0. & N. Ry.—P. Ryan, Russell ville, Ky.

MAINTENANCE DEPARTMENTS.

Road .Vaster* -Daniel Breck, East Louisville, Ky. ;
A. S. Baldwin, Louisville. Ky.; F. M. Ansley, Rowland,
Ky.: E. E.Snyder, Columbia, Teim.; C. W. Bradshawe,
Nashville, Tenn. ; Samuel Calloway, Birmingham, Ala. ;
H. A. Shields, Evergreen, Ala. : Thomas Maney, Bay St.
Louis, Miss. ; P. R. Bettison, Pensacola, Fla. ; A. Rey-
nolds, Paris, Tenn. ; W. J. Wash, Paris, Ky.; T. B.
Robsc^a, Evansville, Ind. ; Tim. Mahoney, Russellville.
Ky.
Supervisor — P. Norton, Clarksville, Tenn.

SKp'-rrisor* of ttrnl'j'x <{• KitUdinr/fi—H.. Bolla. Louis-
ville, Ky ; J. M. Hall', La Grange, Ky. ; Thomas Elling-
ton, Paris, Ky.; James Ingram, Lebanon, Ky. ; Jame*
Lee, Rowland, Ky. ; M. McClelland, Columbia, Tenn. ;
J. M. Bibb. Warrior, Ala. ; W. P. Carroll, Montgomery,
Ala.: T. C. Barrett, Pensacola, Fla.; J. B. Fahey. Bay
St. Louis, Miss. : Floyd Ingram, P.ris, Tenn. ; G. W.
Hinman, Evansville, Ind.; Jas. Green, Russellville, Ky.;,
M. J. Conniff, Bessemer, Ala.

Scale Repairer— James Cody, Louisville, Ky.

TRAFFIC DEPARTMENT.
Traffic Man. — Y. Vandenberg, Louisville, Ky.

FREIGHT DEPARTMENT.

Gen Fqt. Agt. — C. B. Compton, Louisville, Ky.
Asst. Gen. Fgt. Agt.—C. R. Brent, Louisville, Ky.
Gen. Fgt. Agt. St. j.Lee Howellj Evansville, Ind.

X/. Ct1 IT." Z/ct'O. )

Gen. Fgt. Agt. Lines So. \ Theo. Welch, Montgomery,

of Decatur, Ala. '\ Ala.

Gen. Freight Agent— B. Arnold, Cincinnati, O.

f Julien F" Gracey» Memphis, Tenn.
Asst. Gen. Freight Agt. I G. A. Park, Owensboro1,
Oivensb. & Na«h. R'y. \ Ky.

s-

, Pensacola, Fla.

General Agents— W. S. McChesney, Lexington, Ky.;
W. N. Culp, Louisville, Ky. : Geo. W. Thompson,
Bowling Green, Ky ; S. J. Cassidy, St. Louis, Mo.; E.
P. Cracey & Bros., Clarkeeville, Tenn.; B. F. Champs,
Nashville, Tenn.; E. A. Do Funiak, Birmingham, Ala.;
E. C. Shepard, New Orleans.La.; H. G. Barclay, Mobile,
Ala.; John Fitzgerald, Chicago, 111.; J. Overston,
Florence, Ala.

PASSENGER DEPARTMENT.

Gen. Pans. Agent— C. P. Atmore, Louisville. Ky.
Asst. Gen. Pass. Agt.— J. A. Boyd, Louisville. Ky.
Gen. East. Agt. \^^:4°^ m Broadway, New

Gen. Baggage Agent— J/B. Browning, Louisville. Ky.
f J. N. Chandler. Evansville, Ind.
J. A. Brooks, Montgomery, Ala.
T. W. Parker, Memphis, Tenn.
Trav. Fgt. Agts. { H. S. Gray, Kansas City, Mo.

I Jas. T. Crutchfleld, Louisville. KT.
| T. E. Fitzgerald. Louisville, Ky.
I J. H. Barrickman, Chicago, 111.

If you want information about new or projected railroads, consult the General Index
and Table of Contents. Special information not contained in this book will be furnished
at a nominal charge by Poor's Information and Investigation Bureau. 70 Wall St., New
York.

Lot-Low.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

190 -498

rr.tr

8. A'.
3". IT

Pa**.
. Pa**

I>i«f. KM.

490 Louisvill*- tV Xashville KK. Qfmtbnied.

N,) -irff.—J. A. Sums, Atlanta, Ga.

| W. \V. Pcnn, Junction City, Ky.

j W. II. Harrison. Lexington. Ky.

|T H. Watterson. Little Rock, Ark.

J T. H. KinsHrv. Dallas. Tex.
. Afft§.4 j.A.Steltenkamp.Indianapolis.Ind.

I Sid. J. Cates. Cincinnati. (.).

I C. L. Sprague, Detroit, Mich.

L Herman Holmes, Medina, O.
4^.— B. H. Hopkins. Jacksonville. Fla.
Afft.— Jackson Smith, Knoxville. IVnn.
. Agt.— Geo. L. Cross. Chicago. 111.

, \ F. D. Bush, Atlanta. Ga.
Ants - j H Milliken, Louisville. Ky.

491 Louisville and Wadley RR.

- Gfn. Van.— 3. C. Little, Louisville, Ga.
r.-Pre*.— J. G. Cain. Louisville, (.a.
Treasurer — S. M. Clarke. Louisville. Ga.
•>-y—G. W. Warren. Louis\ille. Ga.
Gen. Frt. Agt.—~E. N. Willie, Louisville. GA.
General Agrnt—f. F. Caulk. Louisville. Ga.
Road Master— L. I. Huzzy, Louisville, Ga.

492 Louisville, Kvaiisville and St. Louis
Consolidated KK.

President— D. J. Mackey, Evansville, Ind.
Sec. and Treas.—W. J. Lewis, Evansville, Ind.
Trailer Aof.—'S. Y. Security Trust Co.. New York.
Gen. Solicitors— Iptehart & Taylor, Evansville, Ind.
Auditor— E. B. Cooke, Evansville, Ind.
Tr<(>-. And. — S. J. Haydon. Evansville. Ind.
Car Acet.—J. H. Heddon, Evansville. Ind.
Superintendent — Jas. Montgomery, Huntingburg. Ind.
Gen. Traffic Mgr.—G. J. Grammer. Evansville. Ind.
Gen. Fc/f'~Agf.—E. O. Hopkins, Evausville, Ind.
Gen. Pitas. <k Tkt. Agf.—'R. A. Campbell. Evansville.Ind.
Asst. G. P. <t T. A.— &. D. McLeish. Evansville, Ind.
Gen. Bag. Agt.—F. R. Wheeler. Evansville, Ind.
n 4 , \ J. B. Campbell, Louisville. Ky.
Wn. A0€f. -t Y A Willard. St. Louis. Mo.
TT". Pa**. Agf.—'E. L. Patterson. Kansas City. Mo.
Trar. Pa**'. J///.— W. C. Katzenbach. Evansville. Ind.
Train Mast.—aL. McDonald, jr., Huntingburg. Ind.
Matter Mechanic— Joan Torrance. Evansville, Ind.
Mast. Car Rep.— 3. F. Scott, Evansville. Ind.
G. Finn. R*p. Shop — W. J. Torrance. Huntingburg. Ind.

L" F" B:irron-

494 Louisville, New Albauy and Chicago

H' Smee' ML Yernou' IlL
Dlv. Bowl Master— G. R. Truville, Lincoln, Ind.
Supt. of Bridge* — W. R. Damon, Huntin:rburg. Ind.
Purchasing Agent — H. W. Matters. Evansville. Ind.
X»pf. Telegraph— J. D. White. Louisville. Ky.

493 Louisville, Hardiusburg and Western

RR. (Now leased and operated by the L.. St. L. &
Texas Ry. Co.)

494 Louisville, New Albany &, Clii< a»o Ky.

President— Samuel Thomas. New York, X. Y.
Vtce-Pretident— John Greenough. Ne\v York. X. Y.
G--;,f-ral Manager— W. II . McDoel, Chicago, 111.
Sec. cfc Trea*.—W. H. Lewis, Chicago. 111.
A*9t. Sec.6 Atst. Treas.—3. A. Hilton, New York. X. Y.
Gen. $>ipt.—S. J. Collins, Chicago. 111.

A t <?„„/, J G- K. Lowell, La Fayette. Ind.
At*. 8upU. *t T j McGuire> Mon' Ind>

Chief Engineer— Y . Hall. Chicago. 111.

Gen. Pas*. Agt.— James Barker. Chicago, 111.

G-n. Fgf. Agt.—R. M. Arnold. Chicago, 111.

Ma*t. Mech.—K. Watkeys. New Albany. Ind.

Matt.Car Builder— Chas. Coller, New Albany, Ind.

And. & Pur. Agt.— Joseph H. Craig, Chicago, 111.

Trav. Aud.—O. C. Carter, Chicago, 111.

rr r>/> A / * G. H. Hughes. Chicago. 111.

Trar. Pass. Agts. - L £ Se^ion!?> Minn'eapolis. Minn.

General Counsel — G. W. Kretzinger. Chicago. 111.
General Solicitor— E. C. Field. Indianapolis, Ind.
Car Acct.—W. G. Gude, Chicago. 111.

(W. H. Newman, Louisville, Ky.
ran Ant* j C. R. Hammond. Lafavette, Ind.
0ft*. Agts. 4 R w Gladin?i Thomasville, Ga.

( H. L. Moore, Minneapolis & St.Paul.Minn.

, , \ G. S. Brecount. Cincinnati. O.
Ifft, Fgf. l>ept. - Geo A Sandel>on. Chicago. III.
„ „ . . . < M. Hunter. Chicago. 111.

Trav. ////. A</f*. j John H J;lck Lafavette. Ind.

( I. D. Baldwin, Indianapolis, Ind.
JH*t. Pass. Agt*.' W. (i. Crush. Louisville. Ky.

/ E. P. Welty. Cincinnati, O.
Com. Agt. — A. J. O'Reillv, Indianapolis. Ind.
„.. „ , , t Frank j. "Heed. Chicago. 111.
City P,,**.Agtg. • B L Bryailt) Louisville, Ky.

495 Louisville, New Albauy &, CorydonRy.

Pt™;\ffi*i' '£'''' <T'"' »-M- J- O'Connor, Corydon, Ind.
V.-Pre*. <(• 7>ea.v.--St. John Boyle. Louisville, Ky.
Secretary — R. J. Traoewell, Corydon. Ind.
Gem. Frt. cfc Pa**. Agt.—E. G. Wright. Corydon. Ind.

496 Louisville, New Orleans &- Texas Ry.

nt— R. T. Wilson. New York. N. Y.
Yice-President—J. M. Edwards, Memphis, Tenn.
Gen. Supt.— M. B. Cutter. Memphis, Tenn.

^'Vnrch ^\gt & fA> Ml Cooke' New Orleans, La.
Secretary— C. H. Bosher. New York. N. Y.
Treasurer— -F . H. Davis. New York. N. Y.
.l.«tf. Treasurer — Robert Hazlehurst. Memphis, Tenn.
Comptroller— William Mahl, New York. N. Y.
Traffic Manager— I*. F. Day. Memphis, Tenn.
Supt. Mot in Power— 3. J. Casey, Yicksburg. Mi>s.
Acting Auditor — J. A. Ridgley, Memphis. Tenn.
Gen. Counsel— Yerger & Percy. Greenville. Mi--.
Land Com. — G. W. McGinniss. Memphis. Tenn.
Gen. Pass. Agt.— P. R. Rogers. Memphis, Tenn.
Asst. Gen. Fgf. Agt.—R. F. Reynolds. New Orleans. La.
Asst. Gen. Fgt. Agt. — F. C. Dnmbeck, Memphis. Tenn,
Paymaster — J. C. French, Memphis, Tenn.

J. Hillhouse. Memphis. Teni. .

J.W. Supt~. Roadicay— J. C. Hutchins. Memphis. Tenn
Asst. Supt. Roadie.— F. B. McCutcheon. N.Orleans. La.
Supt. Bdgs. & Bldgs.—B. Marion. Vicksbnrg, Miss.
Gen. Bag. Agt.— H. G. Willis, Memphis. Tenn.
Car Service Agt.—T. H. Smith, Memphis. Tenn.

)W. J. McKee. Memphis. Tenn.
W. S. King, New Orleans, La.
G.D.Lawrence, N. & J.Div.. Natchez. Mis-.
f Win. dimming.*. New Orleans. La.
] B. F. Robertson, Gloster. Mi>>.
W. S. Bagett. Vicksbunr. Miss.
S. T. Chambers, Clarksdale. Miss.
F. W. Farrow. Greenville. Miss.
W. N. Bryan. Slaughter. La.
R. T. Powell, Memphis. Tenn.
J. C. Mandeville, Jackson. Miss.
Trar. Pass. Agt. — W. R. Fairan, Memphis. Tenn.
Fgt. Claim Agt.—\V. A. Eldredge, Memphis, Tenn.
For. Fgt. Agt. — W. P. Emerson^ New Orleans. La.
Com. Agt.—D. R. Coon, Natchez. Miss.
B. A. Squire, Chicago. 111.

r> i ir^,/^ 0
Rood Masters

( B. A. Squire. Chicago. 111.

i. Agts. 4 D. Shelby. St. Louis. Mo.

( P. D. Papin. Kansas City,

Mo.

497 Louisville, St. Louis and Texas Ry.

President— W. V. McCracken. New York. N. Y.
Vice-Pres.— Geo. A. Evans. New York, N. Y.
Secretary— Geo. H. Latnkin. Louisville. Ky.
Asst. Sec. — Jos. P. Pennington, New York. N. Y.

Tr&aAuden' MrJT' \ J- K" McChS*en, Lo.nsville. Ky.

Gen.'Coitnsel—J&mes P. Helm. Louisville. Ky.

Traf. Man.—L. S. Parsons. Louisviile. Ky.

Asst. G. P. <fc F. Ar/f.—H..^. Morduc. Louisville. Ky.

Supt.— A. M. McCracken. Louisville. Kv.

A**t. Supt.—H. M. McCrackeu, Louisville, Ky.

Master Mechanic — F. J. Ferry. Cloverport, Ky.

Chf. Eng. & Ed. Ma#f.—Tt. N. Hudson, Louisville, Ky.

Purch. Afjt.—Ch&s. P. Bush, Louisville. Ky.

Car Accountant — R. Cayce. Louisville. Ky.

Master Trans.— Samuel Stites, Louisville! Ky.

498 Lowell and Hastings RR.

Gen. Man.—^l. L. Sweet. Grand Rapids. Mich.
Traffic Man.— VS. H. Ciark, Lowell, Mich.

93

LOW-MAN.

POOR'S DIRECTORY OP RAILWAY OFFICIALS

4 99- 51 9

499 Lower Laurentian Ry.

President— Jas. McNaught, St. Paul, Minn.

F^-Pra?.— Robert Kiernan, Three Rivers One

Sec. & Treas.— William A. Williams. New York, N. Y

Contractor & Man.— C. A. Scott, Quebec, Que.

5OO McKeesport Connecting RR.

President— Horace Crosby, Pittsburgh. P;i.
Gen. Man.— HZ. C. Converse, New York, N. Y.
Treasurer— C. T. O'Connor, McKeesport, Pa.
Secretary— 3. W. Downer, Jr., New York N Y
Supt.—Wmiam B. Schiller, McKeesport, Pa.
Gen. Fgt- Agent— H. Hoklane, McKeesport, Pa.
Master Mechanic— G. N. Reiley, McKeesport, Pa.
Auditor- A. T. Stewart, McKeesport, Pa.

501 Mat-on, Dublin and Savannah Ry.

President— Gilbert B. Shaw, Chicago, 111.
Vice-President— D. M. Hughes, Macon, Ga.
General Manager— Jas. T. Wright, Macon, Ga.
Secretary— H. Smith, Dublin, Ga.
Auditor— E. W. Dautel, Macon. Ga.
General Superintendent— 3 . B. Maxon, Macon, Ga.
Supply Agent— Paul Hough, Macon, Ga.
Master Mechanic— W. A. Cary, Macon, Ga.

5O£ Madison, Alton and Chicago Ry.

President— T. C. Salveter, St. Louis, Mo.
Vice-President— G. W. Fenn, St. Louis, Mo.
Treasurer— Y. A. Fusz, St. Louis, Mo.
Gen. Manager— 3. G. Miller, St. Louis, Mo.
Superintendent— F. B. King, St. Louis, Mo.
Car Service Agt. — Frank Thoma, St. Louis, Mo.

503 Mahoiiing Valley RR.

Pres. and Gen. Manager — J. A. Haskell, Helvetia, Pa
^Aat^/Ca^Acc^' \ W' J-McMannis, Helvetia, Pa.
Secretary— W . J. Webster, Helvetia, Pa.
Chief Engineer— Walter F. Arms, Helvetia, Pa.
General Pass. Agent— John L. Evans, Buffalo, N. Y.

504 Maine Central RIt.

President— Arthur Sewall, Portland, Me.
7'Purch ^fft } p&yson Tucker, Portland, Me.
Treasurer— G. W. York, Portland, Me.
Secretary— J. H. Drummond, Portland. Me.
G. P. & T. A.—Y. E. Boothby, Portland. Me.
Gen. Fgt. Agt.—\V. S. Eaton, Portland, Me.
Lost Fgt. Agt.—C. O. Baker, Portland, Me.
Chief Engineer— W. A. Allen, Portland, Me.
ASK. Engineer— Herbert C Robinson. Portland, Me.
Sitpt. Mtn. Div.—J. Hamilton, Portland, Me.
Sup. One. Div.—H.. W. Waldron, Lancaster, N. H.
I)iv. Supt.—W. L. White, Bath, Me.
Gen. Auditor— W. Colby, Portland, Me.
.Trar. Aud.-A. P. Foss, Portland, Me.
Gen. Sag. Agt.—H. H. Towle, Portland, Me.
Mast. Car Bldr.— C. H. Kenison, Waterville, Me.
Bridge Insp. — D. A.Booker, Brunswick, Me.

f Geo. Nevens, Brunswick, Me.

I H. A. Toward, Waterville, Me.
Ed. Masts. •{ V. H. Foss, Bangor, Me.

| G. F. Black, Portland. Me.

I C. E. Bickford, Lancaster, N. H.
Train Disp.—E. A. Hall, Portland, Me.
Gen. Mast. Mech.—Amos Pillshury, Waterville, Me.
Mast. Car Painter— H. Hartshorn. Waterville, Me.
Fore. Car Reprs.— George P. Haskell, Portland, Me.
Car Accountant— -W '. B. Drew, Portland. Me.
Paymaster— T. P. Shaw, Portland, Me.
Claims Agt.— J. S. Heald, Portland, Me. *

Storekeeper— A. S. Bosworth, Portland, Me.
IT * T* „ ( John Ellis, Waterville, Me.

Foremen Loco. J Fr.mk Robinson) Bangor, Me.

•Kep- I J. A. Pinkerton, Portland, Me.

Gen. E. Agt.— George A. Alden, Watervilb, Me.

5O5 Mai one and St. Lawrence Ry.— (See Can-
ada Atlantic Ry.)

506 Manhattan Railway.

President— Jay Gould, New York, N. Y.

1st Vice-Pres.— George J. Gould, New York. N Y

2d V.-P., G. M. & P. A.-F. K. Hain, New York, N. Y

Sec. ife Treas.— D. W. McWilliams, New York, N Y.

Auditor— E. F. J. Gaynor, New York, N. Y.

Chief Engineer— John Waterliouse, New York, N Y

Mast. Mech .— T. W. Peeples. New York, N. Y.

Master Car Repairs— K. A.Webster, New York, N.Y

Supt. Trwup.—S. D. Smith, New York, N. Y.

Gen. Tkt. Agt.—C. P. McFaddin, New York. N Y

Road Master -Robert Black, New York, N. Y.

507 Manistee and Grand Rapids RR.

Prf.ndent— John Canfield, Manistee, Mich.
Vice-President — Louis Sands, Manistee, Mich.
Secretary— T. J. Ramsdell. Manistee, Mich.
Treasurer— E. G. Filer, Manistee, Mich.
Superintendent— W. H. Herbert, Manistee, Mich.
Chief Engineer— E. W. Muenscher, Manistee. Mich.
Purchasing Agent— E. N. Sailing, Manistee, Mich.

508 Manistee and Litther RR.

President <f- Gen. Man.—R. G. Peters, Eastlake, Mich.

Asst. Gen. Man., Sec. &. >
Treas. & Purch. Agt.

TI
H-

^ », i AT- i
' Eastlake, Mich.

509 Manistee and Northeastern Ry.

President &Gen.. Man.— Edward Buckley,Manistee,Mich
Sec., Treas. & And.— Wm. J. Lau, Manistee. Mich.
Gen. Superintendent— Wm. Douglas, Manistee, Mich.
Asst. Supt.— Edward McFadgen, Manistee, Mich.
Chief Engineer— 3 . 3 . Hubbell, Manistee, Mich.
Gen. Tkt. & Fgt. Agt.-Y. A. Mitchell. Manistee, Mich.
Purchasing Agt.—O. S. Hawes, Manistee, Mich.
Master of Mach.— Wm. H. Nuttall, Manistee, Mich.
Ld. & St. of Wy. 4^.— Albert Wilson, Manistee, Mich.
Paymaster — Axel Lihdstrom, Manistee, Mich.
Car Acct.& Train Dis.—G. F. Cole, Manistee, Mich.
Supt. Tel.— Charles Carroll, Manistee, Mich.

51O Manistique Ry.

President— M. S. Smith, Detroit, Mich.
Vlce-President-I*vria A. Hall, Bay Mills, Mich.
Sec. & Treas.— 3. C. McCaul, Detroit, Mich.
Gen. Supt.— John Millen, Black River, Mich.
Auditor— G. H. Stalker, Detroit, Mich.

511 Manitoba and Northwestern Ry.

President — Andrew Allan, Montreal, Que.
1st Vice- Pres.— H. Montagu Allan,Montreal, Que.
2d Vice- President— Y. H. Brydges, Winnipeg, Man
Secretary- E. W. Riley, Montreal, Que.

G&Sp£t\Ifft. f W" K Baker' Port- la Prairie' M<™-
Eng. in 'Char'r/e-G. H.Webster, Port. laPrairie, Man.
Accountant— T). B. Hanna, Port, la Prairie, Man.
Asst. Gen. Tkt. )
Agt. & Asst. VA. McDonald, Port, la Prairie, Man.

t. )
t. VA.

t. }

Gen. Fgt. Agt.
Supt. of Teleg.—J. G. Henry, Portaee la Prairie, Man.
Mast. Mech.—T. A. Summerskill, Port. laPrairie. Man.
Road Master— H. Waiters, Portage la Prairie, Man.

JHanitou and Pike's Peak Ry.

President — John Hurlbert, Manitou, Col.
Vice- President— R. R. Cable, Manitou. Col.
Treasurer — J. B. Glasser, Maniton, Col.
Manager— H.. S. Cable, Manitou, Col.

The record of a railroad as a *'• dividend-payer " is usually the best criterion of the
value of its securities. Consult Poor's Hand-Book of Investment Securities for such
information. Special reports furnished by Poor's Information and Investigation Bureau,
70 Wall St., New York.

94

MAN-MKX.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

513-547

513 Man-Held Ry. and Trans. Co.

President— B. Williams. Mansfield, La.
J'/v, -/Vf.si.A/,/ 1>. F. Jenkins, Mansfield, La.

tfc G. And.— M. Ricks. Mansfield, La.

<//— O. H. H. Sample. Mansfield. La.
(,, n.F<jt.A(jt.&( hf.Kinj.— W. T. Peques, Mansfield, La.

514 Marl to pa and Phoenix RR.

Prtt-ulvnt—^s. K. Masten, San Francisco, Cal.
V.~Pre*.,Tr#u. d- JA///.— c. s. Masten. Phoenix, Ariz.
F. I. Kendall. San Francisco, Cal.
/ - tury—C. L. Montgomery. Phoenix, Ariz.
G. F.d /". .•!.•«• .I'/'/.-D. P. Conroy. Phoenix, Ariz.

523 Maxtoii Alma and Rowland RR.

" S' Wl>bb'
Road Matter— B. F. Porter, Phoenix, Ariz.

515 Marietta and North Georgia Ry.

" ' 3- B" Glover' Marietta- Ga-
Y.-P. d- Act. Pre*.— Lenox Smith. New York, X. Y.
Tr>n*. for /.Y/W/v/-— S. J. Bradley, Marietta, Ga.
Secretary— H. M. Hammett, Marietta. Ga.
(vc/i. Fgt. A Pa**. Agf.—'W. B. Bradley, Marietta, Ga.
Auditor— M.. J. Bradley, Marietta. Ga.
Chief Engineer— C. R. Walton. Marietta. Ga.
Sup}, of Bridges— E. M. Long, Jasper. Ga.
sufit. of Mot. Poiver-3. B. Glover. Jr.. Marietta, Ga.
Master of Mac/t.— Warren Hubbard, Marietta. Ga.
Road Master— JA.. A. Clayton. Woodstock. Ga.
Train M«*t*r d- Car Acct,—C. B. Lackes. Marietta, Ga.
Transfer Agt.— 3. B. Garrison, Marietta, Ga.

516 Marine RR.

Pfsiilf-nt — Austin Corbin. New York. X. Y.
r;<v-/Vf*i'/.W— H. W. Maxwell. New York. X. Y.
Secretary — D. S. Voorhees. New York, X. Y.
Tnatttrer—Wm. G. Wheeler, New York, N. Y.

517 Martlia's Vineyard RR.

Treat. <k Gen. Man. i Joseph M. Wardwell. Edsartown.
for Trn.*ttfx •$ Dukes Cd., Mass.

518 JIary JLee Coal and Ry.

Pres. & G. Man.— 3. A. Montgomery, Birmingham. Ala.
Yic<-Pres. d- Treas.—Geo. W7 West. Birmingham, Ala.
Secretary— -F. M. Frazier. Birmingham. Ala.
Road Mast.—B. T. Moore. Birmingham. Ala.
Mast. Trans.— C. M. Billheimer, Birmingham, Ala.

519 Ma-oii and <»< cana RR.

President— M. F. Butters. Ludinsrton. Mich.
ViCt-Presidfftt— Geo. X. Stray. Ludington. Mich.
Sec. and Treas. — J. H. Lyons, Ludington. Mich.
frr/i. Manager — M. McDermott. Buttersviile, Mich.
ngineer— Otto Wrege, Buttersviile, Mich.

520 Mason City and Fort Dodge RR.

t—W. A. Stephens. St. Paul, Minn.
Sec. & Trea*.—S. T. Meservey. Ft. Dodge. la.

A**'£>'%Le" • ']fait' \ C- C' B"rdick' Ma«on City, la.
G-/,. Auditor ({• Cashier— R. W. Eaa;er. Mason City, la.
Gen. A tty.— John T. Duncombe. Ft. Dodire. la.
Gen. Ftt. d- Tkt. Agt.—Jti*. Mahoney. Mason City, la

'ffiSTiS'SBf } R' H- E—on^or. Dodge. la.
Supt. of Bdge.<tBd, Mutt.— Geo. Rosier. Ft. Dodge, la.
CarAccf.— C. M. Halstead, Mason City, la.

521 Mason County Central RR.

Pret. ((• X><j>t.— W. H. Kneeland, Shelton. Wash.
Vice- President— X. H. Owens. Olympia. Wash.
Sec. & Treat.— M. Lewis. Shelton. Wash.

532 TCassillon and Cleveland RR.— (See Penn-
sylvania Co.'s System.)

Treasurer— P. A. Fore, Alnia, X. t .
Sec., Gen. Tkt. ,{• Fr/t. > F « T nthr™ Ai_,M v ,.
Aaf. <{• yl?/rfitor TE- S- Lathr°P' Alnia^ -N- c-
Master of Mach.— C. Wirker. Alma, U. C.
Jforfer o^ CV/;- ^/>. -W. W. McGirt. Alma, N. C.
Boad Matter— L. A. Byrd, Alma, N. C.

1.
524: Memphis and Charleston RR.

President— C. M. McGhee. Xew York. X. Y.

1*£ Vice- Preside nt— S. M. Felton, Cincinnati. O.

2d Yice-Pre*i(ln,t— Henry Fink, Xew York. X. Y.

Treasurer— H. C. Wilton. Memphis, Tenn.

^4&tf. Treat.— W. A. C. Ewen. Xew York. X. Y.

Secretary— L. M. Schwan. Xew York. X. Y.

Gen. Man.—C. H. Hudson Knoxville, Tenn.

O. ,s-,/y//. ,(• r</?' Jfc/.— W. A. Vauirhan, Knoxville,Tenn.

/-•*» t'ftm ^i * Hoadlv, Lauterbach & Johnson, Xew

" * York. X. Y.

<?e/;. Atty.—F. P. Poston, Memphis, Tenn.
Superintendent — R. B. Pegram. Jr., Memphis, Teim.
Auditor— T. D. Flippen, Memphis, Tenn.
Trac. And.— A. H. Plant, Memphis. Tenn.
Ma#t. Mechanic— H. M. Burford. Memphis. Tenn.
Traf. Man.— Edward Fitzgerald. Knoxville. Tenn.
G. Frt. .4.-T. S. Davant. Knoxville, Tenn.
AKnt. G. Ffjt. Agt.— James S. Davant, Memphis. Tenn.
G. Pass. & Tkt. Agt.—B. W. Wrense. Knoxville. Tenn.
Asst. G. P. A.—C. A. Desaussure, Memphis, Tenu.
Foreni. Car Rep.—\\\ D. Minron, Memphis, Tenn.
Master Trant.—T. J. McAllister, Tuscumbia. Ala.
Road Master — J. B. Porterfield, Tuscumbia. Ala.
Gen. Bag. Agt.—B. W. Wrenn, Knoxville, Tenn.

Chief Eng.— D. W. Lum. Knoxville. Tenn.
Supi. Bridges— H. H. Russell. Tuscumbia. Ala.
Purch. Agt. — Georpe W Stevens, Cincinnati, O.
Paymaster— G. L. Johnston, Memphis, Tenn.

525 .Merid«-ii. Waterbury and Connecticut
River RR.

President— F. H. Prince. Boston. Mass.
Vice- Preside nt— T). S Plume. Waterbury. Conn.
Sec. & Treas.—Geo. Rockwell, Meriden, Conn.
Superintendent — Chas. M. Crawford. Meriden. Conn.
Gen. Frt. Aqt.—K. L. B. Pond. Meriden, Conn.
Matter Mechanic — W. H. Wilkinson. Meriden. Connv
Road Master — Howard Kaufman, Meriden, Conn.

526 Mexican Ry.

President — Thos. C. Sandas, London. Eng.
Auditor— E. Penney. Buena Vista Station. Mex-.
Audit rs (W' W' I)eloitte' Geo- Woolcott, Londoi>,

$i/l#*/-i/ttendent — Geo. Foot. City of Mexico. Mex.
Cons. Engineer— A. M. Rendel, London. En^.
Secretary — John T. Denniston, London. JEn«r.
Solicitors— Freshfield & Williams, London. EULT.

527 Mexican Central Ry.

President— S. W. Reynolds. Boston. Mass.

1st Vice-President— Robert R. Symon, London. Enir.

2d V.-Pres. <(• G. Man. -Edw.W Jackson, Mexico. Mex

- T- Harmer, Boston, Ma,,.
Asst. Treats . —Charles A. Browne. Mexico. Mex.
Assf. Manager— Edw. H. Whorf. Mexico. Mex.
Gf.n. Auditor — F. S. Anable, Boston. Mass.
Auditor— W. A. Frost, Mexico. Mex.
Gen. Fat. & Pass. Agt.— A. C. Michaelis. Mexico. Mex.
Asst. Gen. Fat. & Tkt. Agt.—K. B. Wilkins. Mex.. Mex.
Sxpt. Mot. Pou-. d- Mach.—F.Vf. Johnstone.Mex..Mex.
Gen. Piirch. Agt. — Theo. Xickerson. Boston, M\~-
Material Agt.— James A. Snell, Mexico. Mex.
Sijpt. 1st d-'2<t Dirs.— S. O. Lewis, Silao, Mex.

Dtot* & Wi !"R- E" Comfort^ CiQdad Juarez. Mex.
Supt. Tampico Div.—S. J. Sullivan, Tampico, Mex.
* |-M. 6. McCay, San Luis Potosi. Mex.

Dii:

95

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

— -133

527 jttexica.il Central Ry.--('f>n/!n/fri/.

K. A. Vaughan, Gnadalajara. Mer.
Chtf Engineer— 5 . H. Kain, Mexico, Mex.
Math-!- Car Builder— J. H. O'Brien. Mexico City, Mex
Division Master Mechanic*— G. W. Jennings, City o
Mexico; F. W. Glasier, Silao, Mex.; W. Cockfield
No. Chihuahua. Mex.; E. V. Sedgwick, Tampico. Mex
C. E. Shackford, San Luis Potosi, Mex • J S Turner
So. Jimulco, Mex.; T. Smithurtt. Guadalajara, Mex.
Gen. E<t*t>-rn Ay/.— Geo. W. Keeler. New York X Y
(re n. Wrtfrrn .1V//.-M. H. King, Chicago, 111.
Gen. Traveling Agf.—C. E. Miner, St. Louis, Mo.

Trnr P««« Arifv I W. P. FoStCf, St. Louis, Mo.

a? . f aw. 40tt. - K w Gillespie, Ne\v Orleans, La.

528 Mexican International RR.

President— C. P. Huntington, New York. N. Y.

Vice-Pres. & Sec. — J. Steuart Mackie. New York N Y

Treasurer— Y. H. Davis, New York. N. Y.

Gen. Man.—L. M. Johnson. Ciudad Porfirio Diaz. Mex

Comptroller— Wm. Mahl, New York, N. Y.

Auditor— J. E. Dennisou, C'iudad Porfirio Diaz Mex

Cashier— D. Ely, Ciudad Porfirio Diaz, Mex.

Gen. Traf. Man.— J. C. Stubbs, San Francisco, Cal.

Gen. F. tfc P. A.—W. Mackenzie. Ciud. Porf. Diaz, Mex

G. E. F. & P. A.— E. Hawley, New York, N. Y.

G*n. -West. Agt.—W. G. N-imyer, Chicago, 111

f Horace N. Gibson, City of Mexico.
Fnm int* J c- H- Morrill, St. Louis, Mo.
Com. Agts. 1 w H Connor< Cincinnati, O.

(G. G. Herring, Pittsburgh, Pa

Material Agent— Wm. Holfis, Chid. Porfirio Diaz, Mex
S>tpt. Transp.—J. F. Dickey, Ciud. Porfirio Diaz, Mex.
Master Mech.—Wm. Jennings, Ciud. Porf. Diaz, Mex.
Road Master— G. T. Norton, Ciudad Porfirio Diaz, Mex

529 Mexican Interoceaiiic RR.

Gen. Mana'j<r—Y. Gilham, City of Mexico, Mex.

530 Mexican National RR.

President— W. G. Raoul, New York, N. Y.

Vice-Pres.— J. A. Horsey, New York. N Y.

Gen. Manager— T. D. Kline, City of Mexico, Mex.

2V V.- Pres. & Treas.— Gabriel Morton, City of Mexico.

Asst. Treasurer— J. M. Frazer, City of Mex'ico.

Sec. & Pur. Agt. — A. Anderson, Jr., New York, N. Y.

Gen. Counsels

) C. C. Beaman, New York. N. Y.

"l Emilio Velasco, City of Mexico. Mex.
Sapt. Southern Div.—E. N. Brown, City of Mexico.

SUJ)h?an LldS } J" L- Williams< San Luis Potosi, Mex.
Supt. Northern Div.—J. N. Galbraith, Laredo, Tex.
A. Supt.Matamoros Div. — P. J Milan, Maramoros, Mex.
Gen. Fgt. & Pass. Agt.—E. W. Thacher, City of Mexico.

Attxf. Gen. Fgt. Agt. , City of Mexico, Mex.

Auditor— R. B. Keys, City of Mexico.

Gen. E. Agt.—G. F. Wilcoxson, New York, N. Y.

Gen. W. Agt.—W. E. Thurber, Chicago, 111.

Gen. Trav. 'Pass. Agt.—llean Campbell, New York, N.Y.

Soliciting Agt.— 3. M. Lopez, City of Mexico, Mex.

Supt. Express— J. M. Nixon, City of Mexico, Mex.

l G. T. Badeau. New Orleans, La.
Com. Agts. 4 W. B. Ryan, Laredo, Tex.

( J. B. Pither, St. Louis, Mo.

Transfer Agent for l Farmers1 Loan and Trust Co.,
Stock Certificates f New York, N. Y.

S"!(f'MachP°W' [Thos- Milan' San Luis Potosi' Mex-
Master Mechanics— L. H. Sherman, City of Mexico ;

James Farrel, San Luis Potosi, Mex.; Theo. P. Jacobs,

Acambaro, Mex.; Dan'l O'Connor. Laredo. Tex.
Road Masters— G. M. Tilly, Laredo, Tex.; R. J.

Anthony, City of Mexico; S. W. DeWolf, San Luis

Potosi, Mex.

Car Acct.—W. H. Schmeding, City of Mexico, Mex.

531 Mexican Northern Ry.

7'/v-.v. ,{• Gen. Mat,.— Robt. S. TOWIK-. City of Mexico
1st Vice-Pre8.-A.um9t R. Meyer. Kansas City. M<>.
2c? Vice-Pres.— Nath. Witherell, New York N ^
Sec. & Gen. Aud.—C. J. Nourse. Jr.. New York. N Y
Treasurer— A.. Foster Hijrgins, New York. N Y
Asst. Treas.— L. H. Rouzer. Mexico. Mex.
As*/. Auditor— C. T. Ambridge, Mexico, Mex.
Gen. Solicitor— Edw. M. Shepard, New York, N Y
Gfn. W>--itt. Af/f.—C. E. Finney. Kansas City. Mo.
Supt. & Cliff EMI.— V. P. Safford, Escalon, Mex
Purch. Agent— J. H. Avery, Chicago, 111.

533 Mexican Southern RR.

Manager— W. Morcom, Puebla, Mex.

533 Michigan Central RR.

Chairm. of Board— G. Yanderbilt, New York, N Y
Pres. & Gen. Man.—H. B. Ledyard, Detroit, Mich.
Asst. to Pres.— E. C. Brown. Detroit. Mich.
V.-Pres. & Sec.—E. D. Worcester, New York, N. Y.
Treasurer— Henry Pratt. New York. N. Y.
Gen. Supt.—nobt. Miller, Detroit, Mich.
Asst. Gen. Supt.—Jl. H. L'Hommedien, Detroit Mich
Gen. P. & T. A.-O. W. Ruggles, Chicago, 111.
Pac. Coast Pass. Agt.—C. C. Crane. San Francisco. Cal.
Eastern Pass. Agt.—W. H. Underwood, Buffalo. N. Y.
Canadian Pass. Agt.— John G. Laven, Toronto. Out
Western. Pass. Agt.— P. P. Murray, Chicago 111
So. West. Pass. Agt.— II. H. Marfey, Kansas city Mo
No. West. Pass. Agt.—W. L. Wyaiid, St. Paul. Minn.
Wisconsin Pass. Agt.—L L. Canfy. Milwaukee. Wis.
Southern Pass. Ag't.—W. J. Seinwerth. Cincinnati, ().
Mich. Pass. Agt.— Jos. S. Hall, Jackson, Mich.
Pass. Agt. — Amos Burr, San Francisco. Cal
Trav. Pass. Agt.—C. A. Carscadin, Buffalo, N. Y
Asst. G. P. & T. A.—Geo. E. King. Chicago. 111.
Gen. Freight Agent— A. Mackay, Chicago; 111.

(B. E. Hand, Chicago. 111.
Asst. G. Frt. AA C. J. Hupp, Detroit. Mich.

( W. L. Benham, Bay City, Mich.
Gen. Bag. Agt.—H. P. Cearing, Chicago, 111.

Ant* J E- A- Treadway, Detroit, Mich.
. Agts. J( Thomas conlin, - .

Gen. E. Frt. Agt.—J.Crampton. Buffalo, N. Y.
Lost Frt. Agt.—D. E. Barry, Detroit, Mich.
Auditor— T). A. Waterman, Detroit, Mich.
Asst. Auditor— A.. J. Bun, Detroit, Mich.
Ticket Acct.—F. O. Waldo, Detroit. Mich.

, Detroit, Mid,
CJif. Trav. Aud.—N. J. Waterman. Detroit. Mich.

4iof Trnv 4w/7« {R. F. Mitchell. Detroit. Mich.
Asst. Trav. Auds. |T w Bell? Detroit< Mich

Trav. Grain And.— Thomas Leckie, Detroit, Mich.
Cashier— 3. E. Griffiths. Detroit. Mich.
Asst. Cash.—R. J. Pelton, St. Thomas, Out.
Purch. Agent— 3. R. Dutton, Detroit, Mich.
9en. Counsel— Ashley Pond, Detroit, Mich.
9en. Attorney— Henry Russel, Detroit. Mich.
Attorney— F. S. Winston. Chicago, 111.
Chief Engineer— 3 '. D. Hawks. Detroit, Mich.
Asst. Engineer— A. Torrey, Detroit, Mich.
Asst. En'g. Edges.— B. Douglass, Detroit. Mich.
?uel Agent— A. F. Rowland, Detroit, Mich.
Gen. Master Mechanic— C. E. Smart, Jackson, Mich.
Supt. Teleg.—E. E. Torrey, Detroit, Mich.
Gen. Car Agt.— C. H. Bieber, Detroit, Mich.
Gen. Agent-Fred. M. Briggs, Grand Rapids, Mich.

' Wlto*

W. Geagan, Chicago, 111.

Live Stock Agt.—S. Pavey, Detroit. Mich.

Master Car Builder— E. D. Bronner. Detroit, Mich.

f J. G. Riley, Chicago, 111.
n- ir ir j Giis Zemlin, Detroit, Mich.
uiv. M. M. -j M Ryan Bay city Mich

(.M. L. Flynn, St. Thomas, Ont.
Gen. For. Car Jieps.— Robert Potts, St. Tnomas, Ont.

PETTIBONE, MULLIKEN & CO., Chicago, 111,

Frogs, Crossings, Split Switches.

96

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

333-544

•">:$:$ Michigan Central RR.- < '<>i,tii,>t»l.

Land

0. M. I'.arnc-. Lansiog.Mich.

i./.. /..,(-.v /,•/,«. M
A'../' /•'*/. ,1- '/'•/.-• .I'//. X. K. Slaymakcr. Detroit. Midi.

A1'"/'/ Mn*tn-* T. Hiok.-y. St. Tlioma-. Out.; .1 .
IK-laney. Slociun Junction i P. ().. Tivnton. Mich.i ; M.
Sullivan. Jackson. Mich. : M. Flahivc. \\Y<t Hay City,
Mich.: I'. M. -Mali. HI. W.^t Hay city. Midi.: Danid
XiU-. Midi.: .). Burns. W. Hay City. Midi.: II.
Beraemer, Three KKvrs, Mich.

1>\< 'ltfll'lt-l<tx.

Weft. ,(• ./<>/. Mr*. J. II. Snyilrr. rhica-o. 111.

Agst. ii. v'. ,(-./"./>// v- c. O. Lee, If ichlgan City, Ind.

Mi/I'll'. Mr ' .'.. I

id i:,it,;iix ,(- li.ittle >C. B. Bush, Jackson. Mich.

/>J>*. i

•/;•/.//,. /)<>.— E. L. Fisher. Jackson. Mich.
8. <(• -I/. H. W. -K Martin. Uav City. Mich.
AW. '/"/. .(• II. i'. />'"-. I), s. Sutherland. Detroit. Mich.
/;.. //. <'. <(• T<>!. !)'/>'. -Geo. W.ComstOCk, Detroit, Mich.
(fen. <(- .I/". .}[. />.— O. F. Jordan. St. Thomas, Ont.
Asst. Can. ,t- M.M.ft. — F. P. Macdonald. St .Thomas, Out.
Track* ((• lirrj>t.—\. G. Dailey, Detroit. Mich.

-334 Michoacaii aud Pacific Ky.

Prexiifenf, — Hubert R. Symon, London. Enir.

'/•y— Thomas Adams. London. Enir.

.if<i>i't'/>-r— W. W. Williams. Las Trojes. Mex.
/)/.— L. R. Gordon. Maravatio. .Mex.

.'•:.i f/i/irer— A. P. Herbert. Maravatio. Mex.
Acting Dii'i-t-tor — W. Shepard, Maravatio, Mex.

535 Middlehurg and Schoharie RR.

Ami.— G. N. Frisbie. Middleburg. X. Y.
]•;.., •-{>/•> xi'lent — Duryea Beekman. Middleware, X. Y.
'J',-. 'i.-<nrer—G. L. Danforth. Miduiebunr. X. Y.
Secretary— Daniel D. Frisbie. Middlebnrg, X. Y.
Gen. P. & Tkt. Agt.—G. L. Dunforth. Middleburg. X.Y.
(T. B i(/. t£- Fr/t. Agt.—Theo. Hill. MiddK-bnrg. X. Y.
Master Mechanic— James Coon.s. Middlebnrg, N. Y.

536 Middle and East Tennessee Central
Ry.

Pi'fuident—'W. B. Hale, Hartsville.Tenn.
Treasurer— A. S. Reeves, Hartsville, Tenn.
•ry—P, W. Hager, Hartsville. Tenn.
G.Man, tf- Pnrch. Afjt.—S. C. Rodemer.Gallatin, Tenn.
Chitf Engineer— Y. S. Day. (iallatin. Tenn.
Gen. Tkt. Af/t.—W. W. Fidler. Gallatin. Tenn.
Gfn. F(/t. Ar/t.—Il. R. Fidler. Gallatin, Tenn.
Road Master— George Rodemer, Gallatin, Tenn.
pt. Bridqes.—J. W. Carmichal. Gallatin, Tenn.
Auditor— C. II. Rodemer. Gallatin. Tenn.

537 Middle Georgia and Atlantic Ry.

President— J '. D. Weed. Savannah, Ga.
Secretary— David Robinson. Savannah. Ga.

"'">i.— Garrard & Meldrim. Savannah, Ga.
\[<m.— W. B. Thomas. Atlanta, Ga.
Ben. *>tpt.—J. A. Droege, Eatontou, Ga.

53S Hid die sborongn Belt RR.

-/—Alex. A. Arthur. Middles-borough. Ky.
^'tpt.—L. F. Wynne, Middlesborou^h. Ky.
Secretary— John B. Gary. Middlesborough. Ky.
Treasurer— XL. R. Gay, Knoxville. Tenn.
A«*(. Tr*a*.—ll. C. Hndgins, Middlesborotiirn. Ky.
M<t*t. Trains— R. I. Sitton, BCiddleeboroom, Ky.
Gen. Counsel— Chapman & Xicoll. Middlesborough, Ky.
Gen. Auditor— R. G. Frazer, Kuoxville, Tenn.

539 Midvillc, Swainsboro* and Red Bluff
Ry.

Pres. cfe Gfn. Man. — Jesse Thompson, Augusta, Ga.
Secretary— X. G. Sherman. Angusra, Ga.
-//>/.— F. C. Brannan, Midville. Ga.
Chief Engineer— R. L. Sturdivant, Midville, Ga.

540 'lillru and Southern RR.

— Lorinir R. Mill«-n. Xe\v York. X. Y.

Win. B. Stilhvdl. Savannah, Ga.
/'/,,/,•.. u. M. ,t- /'"/. Agt, -I. W. Preston, Milieu. (Ju.

•/ •// \\". F. Baker, Savannah, (.a.
Htijtt. — L. Butts, Summit, Ga.

••> > 1 Milwaukee and Northern UK.

President— H. C. Payne. Milwaukee, WN.
Vice- Pi-evident— E. P. Ripley, Chicago, 111.
try P. M. Myers. Milwaukee, \Vi-.
.l.W. Secretary- .la'-. M. M<-Kinlay, Xcw York, X. Y.
Tr>-<ixin'rr F. (i. Rannt-v. Chicago. 111.
^4w«. Treasurer— John McNab. Chica-ro, 111.
Auditor— W, N. I). Wiun.-. Chica-o. 111.

.//,.v,/-J()lin \V. Cary. Chicago, 111.
'"/<. .}f'//i>i'/' r- A. •!. Karlinir. Chicairo. 111.
G'tf/i. Superintendent— W. c,. Collins. Chii-igo. 111.
.l.W. r,e/,. .v,////. — E. W. MrK,-nna. Milwaukee. Wi-.
Superintendent— K. M. Bdl. (im-n Pay, Wis.
Gen. Pa**. A- Tkt. Ayt.—d. II. Heafford, Chicago. 111.
&en. .F^. ^f//.— J. J. Coleman. Milwaukee. Wi.«.
Chief Engineer— D. J. Whittemore, Chicairo 111.

«,,,,

fr'ew. Boad Matter— J. B. Moll. Chicago. Ill
5/<;;/. J/b/. Poiv.—J. X. Barr. Milwaukee. ^'i>.
Snpt.of Tmn#.— G. E. Simpson, Chicago. III.
J/"<?cA. Eii'i'n,.-i-r- (reo. Gihbs. Milwaukee. Wis.
7s///-. .ir/^.— J. T. Crocker. Chicairo. 111.
Gen. Storekeeper— John A. Whalincr. Milwaukee, Wis.
Gfn. Sag. Ayt.—\Y. D. Carrick. Milwaukee, Wis.
/ Af/f.

f/f.—J. A. Hinsey. Chicago. 111.
Stipt. Telegraph— U. J. Fry. Milwaakee. Wi-.
Fad Ar/f.—lL R. Lloyd. Milwaukee. Wis.
Land d- Etng. Ar/f.—C. E. Rollins, Chicago, 111.
Sta. Supply 'Af,t.—E. F. Elwell. Milwaukee. Wis.
Paymaster — C. A. Place. Milwaukee, Wie.
/W. Jw<7.— W. F. Dudlev. Chicairo. 111.
Ticket Ami. -P. Tyrrell. Chicago.lll.
Car Acct.—\V. E. Beecham. Chicago. 111.

/"/.»i j/»/ * c- L- KisiiiLr. Cfcieago, in.

Com. Agt. -, w E T Je= RepuS]i^ Mirh

Master Meek.—?*. S.'Kiml)all, Ft. Howard, Wis.
»n^^/ Wn<it*i>s J P- O'Connor, Green Bav. Wis.
Road Master*^ p Nengent Green Bav;Wis.

(For other officials, see C., M. & St. P. Ry.)
542 Milwaukee aud Superior Ry.

President— Winfield Smith, Milwaukee. Wis
FiaKPrMfcfait-Joaeph Hadfleld. Waukesha, Wis..
Ti'vu.xii'rtr — Henry Herman, Milwaukee. Wis.
Secretary— Samuel Rosendale, Milwaukee. Wis.
Gen. Jfan.—A.. H. Hadfield. Milwaukee. Wis
Auditor— Geo. W. Wilson, Milwaukee. Wis.
Superintendent— K. 3. Blair, Lannon, Wis.

, Templeton, Wis,
Mtister— Frank Cleary, Lannon, Wis.

543 Milwaukee, Bay Vie wand Chicago Ry.

Pres., Tnn*. <(• G?n. Man.—W. G. Brimson. Chicago, 111.

S*>: ,(• Aud.— J. S. Keefe. Chicago, 111.

Purch. Agent— L. D. Doty. Chicago, 111.

*>iptrintendent—3. H. Price, Milwaukee. Wi$.

Master Mechanic— E. Seeley. Milwaukee. \Vis.

Fort- in. Car Iiep#.—Wm. J.v Donohue, Milwaukee. Wis

Road Master -3. Mokelke, Milwaukee, Wis.

544 Mil waukee, Lake Shore & Western Ry.

President— Marvin Hnchitt, Chicago, 111.
Vice-President— J. R. Busk. Xew York, X. Y.
Asst. to Pres.—Y. W. Rhinelander, Jr., Milwaukee Wis
Treat, cfe Asst. Sec.—~M. L. Sykes, New York, N. Y.
4 <t<tf TrprtJHirere ' Sumnel O. Howe, Xew York, N. Y.
Asst. treasurers -( A D Allibone Milwaukee, Wis.
Secretary c6 Gen. Sol.— Alfred L. Cary. Milwaukee Wis
Ant. Xxcretary— Samuel S. Sands. X~ew York. X. Y.
Gen. Manager— R.. F. Whitcomb, Milwaukee. Wis.
Asst. to Gen. Man.— 3. Donohue, Milwaukee, Wis

Railway History is a ' special feature of Poor's Manual of Railroads. You should
consult that standard authority if you desire to acquire knowledge of this character.

? 97

MiL-Mis.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

544-55*

544 Milwaukee, Lake Shore and Western

Ry . — Con/in ued.

Gen. Superintendent — Geo. F. Bidwell, Milwaukee, Wis-
TV cr ^/o * W. H. Vandegrift, Kankauna, Wis.
mv. bxpts. i c H Hart]ey ; Ashland. Wis.
Asst. Gen. Solic.— Bradley G. Schley, Milwaukee, Wis.
Cfdef Engineer — E. H. Rummele, Milwaukee, Wis.
Gen. Pass. Agt.—G. L. Ryder, Milwaukee, Wis.
Gen. Fgt. Agt.—G. L. Wellington, Milwaukee, Wis.
Asst. Gen. Fgt. Agt.—E. J. Seymour, Milwaukee, Wis.
N. W. Pang. .A<#.— Norman M. Breeze, Milwaukee, Wis.
Gen. Agent — W. A. Carleton, Chicago, 111.
ComH Agt. —Herman G. Flieth, Milwaukee, Wis.
Auditor— W. R. Hancock, Milwaukee, Wis.
Special Agent — J. O. Thayer, Milwaukee, Wis.
Gen. Land Agt.—G. S. Pierce, Milwaukee. Wis.
Gen. Eight of Way Agt.—W. H. Killen, Milwaukee, Wig.
Gen. Claim* Agt.— Chas V. McKinlay, Milwaukee. Wis.
Parch. Agent— Henry W. Reighlcy, Milwaukee, Wis.
Supt. Teleg.—ti. C. Reed, Milwaukee, Wis.
Car Accountant— J. A. Kittredge, Milwaukee, Wis.
-f f ir i \ J. Hickey, Kaukauna, Wis.
Mast. Mechs. -, Robert Qnayi, Kaukauna, Wis.
,„ . ,r . ' j F. O. Tarbox. Ashland, Wis.
Train Masters^ w H shernmn? Kaukauna. Wis.
Finn. Car Painter*— F. Langhren, So. Kaukauna, Wis.
Stationer— F '. E. Hancock, Milwaukee, Wis.
Supts. Bridges _) E. F. Reynolds, Ashland, Wis.

<# Buildings \ D. Horrie, Kaukauna, Wis.

Road Masters— G. H. Cornell, Kaukauna, Wis.: P.
Plunkett, Clintonville, Wis.; D. Downey, Climonville,
Wis.; Prank Randall, Antigo, Wis.; R. French, Ash-
land, Wis.; Thomas Feeney, Watersmeet, Mid).

545 Mindeii RR.

President — Thos. Crichton, Minden, La.
Vice- President— F. H. Daake, Minden, La.
Treasurer & Auditor — W. P. Leary, Minden, La.
Secretary— 3. J. Holmes, Minden, La.
Superintendent— M. N. Coe, Minden, La.
Gen. Fgt. Agt.—E,. P. Boyle, Minden, La.
Gen. Ticket' Agt. —Q. P. McDonald, Minden, La.
Chief Engineer — Dan. Allison, Minden, La.
Supi. of Bridges— Lee Griffin, Minden, La.

546 mineral Range RR.

President — Chas. Bard, Norwich, Conn.
Gen. Man.—C.A. Wright. Hancock, Mich.
Sec. <& Treas.— John Tally, New York, N. Y.
Auditor & Cashier— C. M. Hoar, Hancock, Mich.
G. F. & T. Agt.—E. H. Brelsford, Hancock, Mich.
Master Mechanic— John Shields, Hancock, Mich.

' Mich-

Road Master— Ole Olcen, Hancock, Mich.

Chf. Eng. (fe Purch. Agent—W.d.Uren, Hancock, "Mich-

547 Minneapolis Haslem liy.

President — John S. Pillsbury, Minneapolis, Minn.
Sec. & Treas.— H. R. Williams, Minneapolis, Minn.

Gen. Bookkeeper— C. C. Glessner, Minneapolis, Minn.
Auditor— L. A. Robinson, St. Paul, Minn.

Yard Master— Peter Houle, Minneapolis, Minn.

548 Minneapolis and St. Louis RR.

PlGen RMan & \ W' H' Truesdale' Minneapolis, Minn.

Vice-President— K. E. Clarke, Minneapolis, Minn.

Sec. & Treas.— Joseph Gaskell, Minneapolis, Minn

Gen. Superintendent—^. E. Clarke, Minneapolis, Minn.

Asst. Supt.—H. S. Holm, Ft. Dodge, la.

Gen. Pass.& Tkt. Agt.—G. M.Pratt, Minneapolis, Minn.

Gen. Fgt. Agt.—W.'N.. Hopkins, Minneapolis, Minn.

Gen. Bag. Agt.— J. D. Marston, Chicago, 111.

A. Gen. Fgt.' Agt.— R. G. Brown, Minneapolis, Minn.

Auditor— Q. C. Post, Minneapolis, Minn.

Car Accountant — Clinton Brooke, Minneapolis, Minn.

Gen. Solicitor— Albert E. Clarke, Minneapolis, Minn.

Gen. Agt. Pass. J)ept.—Ghas. Kennedy, Portland, Ore.

m T, A . | Robt. «Keppler, Portland, Ore.

Trav. Pass. Agents j R A NO&OH, Minneapolis, Minn,

Mas. M. & <7..B>y.— John Touge, Minneapolis, Minn.

Road Master— Y. McElroy, Minneapolis, Minn.

Supt. Bridges— W. B. Hixson, Minneapolis. Minn.

Supt. Teleg.—W. F. Fox, Minneapolis, Minn.

Mast. Car Painter — James Mersen, Minneapolis, Minn

Purch. Agent— W. B. Palmer, Minneapolis, Minn.

549 Minneapolis, Si. Paul and Sault Ste.
Marie Ry.

President— Thomas Lo\vry, Minneapolis, Minn.
Vice- President — R. B. Langdon, Minneapolis, Minn.
Sec. cfe Treas.— W. L. Martin, Minneapolis, Minn.
Gen. Man. — F. D. Underwood, Minneapolis, Mfnn.
Purch. Agt.—W. T. Watkins, Minneapolis, Minn.
Gen. Fgt. Agt. — J. M. Sawyer, Minneapolis, Minn.
Gen. Traffic Man. -H.'L. Shute, Minneapolis, Minn.
Supt. Wis. <& Penn.Divs.—E. Pennington, Min'ap, Minn.
tinpl. Minn. JHv.-W. M. Kellie, Minneapolis, Minn.
Auditor — C. W. Gardner, Minneapolis, Minn.
Car Accountant— 1\. L. Hunter, Minneapolis, Minn.
Chief Engineer— W. W. Rich, Minneapolis, Minn.
r, , . ( E. D. Parker, St. Paul, Minn.
b-en. Agts. ^ H McMurtrie, Phila., Pa. & Bait.. Md.
No. Pass. Agt.—G. W. Hibbard, Marquette, Mich.
Gen. E. Pas's. Agt.— A. L. Fulenwider, New York, N. Y.
Tkt. Pass. Agt.—W. B. Chandler, Minneapolis, Minn.
Trav. Pass. Agt.—G. I. Humphrey, Boston, Mass.
Dist. Pass. Aat. — Van Dearing. Jackson, Mich.
Com. Agt.-W. Muller, New York, N. Y.

M(Car lte()Ch' & !"E- A> william8' Minneapolis, Minn.
Supt. Bdgs.—A. Amos, Minneapolis, Minn.

Road Masters — D. Wright, Minneapolis, Minn.: John
Collins, Rhinelander, Wis.; J. E. Cox, Gladstone,
Mich.; E. Bnrk, Gladstone, Mich.; John McMillan,
Minneapolis, Minn.

55U Minneapolis Union Ry.

President— W. P. dough, St. Paul, Minn.
Vice- President— J. T. Fanning, St. Paul, Minn.
Secretanj—W. B. Roberts, St. Paul, Minn.
Treasurer — Edward Sawyer, St. Paul, Minn.
Superintendent— H. V. Dougau, Minneapolis, Minn.
Ticket Agent — H. L. Martin, Minneapolis, Minn.
Baggage Agent — S. E. Dana, Minneapolis, Minn.

551 Mississippi and Little Rock Ry.

President— Zeb. Ward, Little Rock, Ark.
Vice- Pre side nt—W. H. Halliourton, Little Rock. Ark.
Treasurer— O Davis, Little Rock, Ark.
Secretary — Geo. R. Brown, Little Rock, Ark.
Chief Engineer— J as. A. Martin, Little Rock, Ark.
Gen. Manager -Robi. WT. Worthen, Little Rock, Ark.
G. Ft. & Pass. Agt.— Zeb Ward, Jr., Little Kock, Ark.
Gen. Attorney— G. H. Sanders, Little Rock, Ark.

5554 Mississippi River and Bonne Terre Ry.

President — J. Wyman Jones, New York, N. Y.
Vice- President— V. B. Parsons, Bonne Terre, Mo.
Treasurer — Hugh N. Camp, New York, N. Y.
Secretary— F. P. Graves, Doe Run, Mo.
G. Supt. & Gen. Fgt. Agt.— J. Burns, Bonne Terre, Mo.
Master Mach.—W. 'Davidson, Bonne Terre, Mo.
Auditor— F. J. Thomure, Bonne Terre. Mo.
Purch. Agt.— Gust. Setz, Bonne Terre, Mo.

553 Mississippi River & Northwestern RR.

President— G. P. Bangs, Boston, Mass.

Gen. Man. <fe Supt.— A. Kimball, Arkansas City, Ark.

Secretary— Win. E. Stowe, Boston, Mass.

Treasurer — E. E. Pratt, Boston, Mass.

Mfi«f. Mach.— Jack Parker, Arkansas City, Ark.

Auditor— Phin Kimball, Arkansas City, Ark.

554 Missouri, Kansas and Texas Ry.

Executive Department.

Chainn. of Bd.& Pres.—Wy C. Rouse, New York, N. Y
1st Vice- President— J. Waldo, St. Louis, Mo.
2d Vice- President— Thomas C. Ptirdy, Parsons, Kan.
M Vice- President— Wm. Dowd, New York, N. Y.

Contr., Sec. A Treas.— C.G. Hedge, New York, N.Y.

Traffic Department.
1st Vice-President- -J. Waldo, St. Louis, Mo.

fC.Haile, St. Louis, Mo.
n v 4 A t j J- W. Allen, Sedalia, Mo.
Gen. Fgt. Agts.l (, p Kector- Pam)ns, Kan.

[ J. A. Smith, Denison, Tex.
Otn P«w Ant«- ) W- G> Graham, Sedalia, Mo.
Gen, Pass. Afft* -j H P> Hughes, Denison, Tex.
Asst. Gen. Pas*. Afft.—E. B. Parker, St. Louis, Mo.

98

MIS-MIS.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

3.34—3 35

554 .Missouri, Kansas and Texas !<y.

Financial ,i,,il
Controller— C. G. Hedge, New York. N. Y
Gen. Auditor— Geo. J. Pollock. Parsons. Run

«. Awlitor-V. S. Willard. Parsons, Kan.
* R W Ma«-uire. Parson>, Kan.
7V«o*ur«r*-j j ;c ThoJnpaon, Sedalia. Mi».

7., ii< il Dfpartim-nt.
Gen. Counsel— Simon Sterne, New York, N. Y

•;(V7w— James Hagerman, St. Lotus, Mo.
'" '• Jackson & Montgomery, Sedalia, Mo.

Ittorneygfor \ Baker, Botts & Baker, Houston, Tex.

j R. C. Foster. Denison. Tex.
Att'iifurKai,*u*-'\\ N. Sedgwick. Parsons, Kan
AtC y for Indian Ter.—C. L. Jackson. Muskogee. I. T.

Operating Department.

2>l n(v-,P/wi/fr//f— Thos. C. Purdy. Parsons, Kan.

- >l>t.—J. J. Frey. Parsons. Mo.
tinnt. Transportation-^. Sweeney. Parsons, Kan.
Sunt.. Telegraph— -S. K. Billiard, Bedalia, Mo.
Car Accountant— R. H. Weddle. Parsons. Kan.
Snpi. \[. Poir. <{• J/ac-A.-Wm. (THerin. Parsons, Kan.
)r<i-*(er Mechanic, line* in i C. T. McElvaney, Demson,

.,? joint track < Tex
.S'////. (>/;• Jjrjif.—'R. Walker, Sedalia. Mo.
Matter Car 6uilder, |. Jonn Doyle, Sedalia. Tex.

Bridget d- Bldg^.—^i. A. Martin. Parsons. Kan.
en. Boad Master, Lines •. p Rockwell, Sedalia, Mo.

t«. ^?o«</ Master. >_ j L Turner, Denison, Tex.
Z4n«0 /// TCXM *
/^•/•. >'!/;//.. Hannibal \ w B Lvons< Sedalia. Mo.
to Partom »

>«'?•. S'ipt.. June. City > T -iTr \v«'lrb Pardon* Kan
A Paola to Denison \ L- NN

' 7V,;v/.v. ,./v^ > J. W. Maxwell, Denison, Tex.

554

Kansas and Texas Ry.—

/;^. Joi//(! Track, )

Whitesboro' to Ft. vW. S. Polhemus. Ft. Worth, Tex.

- B. Thruston, Sedalia, Mo.

Jiesii.lt nt Eng.. Lines 1

in 7>.'Y/.v. f.n.-tpt -Geo. M. Jarvis. Denison, Tex.
Joint Track )

Grii. Traf. Claim Ayf.—A. T. Drew, Parsons, Kan.
Gen. Claim Agt.—J. D. Hollister, Parsons, Kan.
Purchasing Agent— C. N. Stevens, Sedalia, Mo.
ChitfX'irgton— E. F. Yancey. Sedalia, Mo.
Tax Com. Miwmri <{• Kan. — J. H. Hill, Parsons, Kan.
Tax Com. for 7V./Y/.f— W. H. Abrams, Dallas, Tex.
Gen. Bag* Agt.— W. W. Campbell. Sedalia, Mo.
Supt. stork Torch— W. V. Galbreath, Sedalia. 3Io.
SKiteri'.Wtif/fif* <{• Inftp'n—'R. K. Walker. Parsons. Kan.
Special Agent— J. J. Kinney. Sedalia. Mo.

j R. D. Bennett. Chief, Denison. Tex.
„, »__-.. i E. H. Farley, Sedalia, Mo.
Traveling Ac- I c w Flec& Parsong Kan.
countants j Li;?k Ft Worth< Tex.

L W. M. Lampton. Denison, Tex.

Commercial and Tracding Agents.

6V;,. Eastern i F. L. Manchester, 409 Broadway,
Af/t. 'I New York. X. Y.

Traveling Pa#s. I I. M. Bortle, 409 Broadway.
.•ifye-fl/ "{ New York. X. Y.

Tmr. Fgt. Agt.-3. E. Gates. Xew York, X. Y.

Commercial Agt.—S. B. Thacher, Hannibal. Mo.

Trn,-. Pan. A(/f.-\V. D. Lawson, Ft. Worth, Tex.
Com.Aat.—C. A. I.awton. 104 X. 4th St.. St. Louis, Mo.
City /V/X.V. (t- ( John L. Williams. In4 X. Fourth St..

Tick.' Arjt.'i St. Louis, Mo.

Commercial > James Donohne, Room ^44. Exchange

\ffi- i,t ~i Building. Kansas (iry. Mo.

//•". Pass. t-Geo. A. McXutt. Room :>44. Exchange

lf/f,,f ', Building. Kansas City. Mo.

/',/*'.-• ,(• T'ft^f i s. A. Welsh. I'i4i; Union Ave. and 619
\n,l,t f Main St.. Kansas City, Mo.

Gen. Live Stock Agt.- Samuel Hunt. Fort Worth, Tex.
• !• Agt.—J. W. liarbee, Vinita. I. T.
' W. II. (^uiiri:. Fort Worth. Tex.
J. P. Maloney. San Antonio. Tex.
R. S. Fife. 34 Main St., Houston, Tex.
Com. Agts. { J. J. Rogers. l(,»r S. Clark St.. Chicago, 111.
] G. F. Thomas, Henrietta, Tex.
I James Donohue. Kansas City. Mo.

-. 15. Thatcher, Hannibal. Mo.

Ab Pass. \gt.— E. D. Spencer, 197 S. Clark St.. Chic., 111.
Trav. Ifa*. • H F. Bowsher. 1S5 Walnut St..

Af/f \ Cincinnati. O.

Com. Agt.—Y. L. Martin. 1*5 Walnut St.. Cincinnati. O.
Trcu:. Fgt Agt. — S. J. Williams. Parsons. Kan.

/'a.vx. Aat—B. R. Richardson. New York. N. Y.
Commercial < N. T. Wilson, Room 206, Bissell Block.
Agent '( P ttsburgh. Pa.

, . \ John K. Hogson, 403 Madison St.,
Trav. Pass. Agt. -( Toledo, O.

. Pa**. Agf.—\V. D. Lawson, Fort Worth, Tex.

oo-> Missouri Pacific Ry. System.

GENERAL OPERATING OFFICERS. ALL LINES.

G. Xnpt. Mo. Pac. By.— A. W. Dickinson. St. Louis. Mo.
G. S'ipt. SI.L.I.M.& S. Ity.—H. E. Bicker. St. Lours. Mo.
General Auditor— C. G. Warner. St. Louis, Mo.
Local Treasurer— T). S. H. Smith, St. Louis. Mo.
Fgt. Traffic Manager— C. A. Parker, St.Louis, Mo.
Af.sf. Gen. Fgt,. Afft.—£. J. Henry. St. Louis. Mo.
G. Pass. <£• Tkt. Agt.—U. C. Townsend. St. Louis. Mo.
Asst. G. Pa. & Tk. Agt.—K.D. Caldwell. St. Louis. Mo.
Gen. Fgt. Agt.—W. C. Stith, St. Louis. Mo.
Asst. G. Ft. d- Pass. Agf.—J. O. Phillippi, Omaha. Neb.
Asst. Gen. Fgt. Agent— 3. C. Lincoln. St. Louis. Mo.
Gen. F. Fgt. Agi.— Fred'k Knowland. Xew York. X.Y.
Gen. E. Pass. Agt.—\\. E. Hoyt, Xew York. N. Y.
Gtn. Baggage Agent— J. C. Xicholas. St. Louis, Mo.
f i tight Claim Agent. — J. S. Tustin, St. Louis, Mo.
PWVkOfbtq Agent— Abram Gould. St. Louis, Mo.
Chief Engineer— James W. Way. St.Louis. Mo.

f C. A. Chandler. Atchison. Kan.

| H. Rohwer, Sedalia, Mo.
Ass(. Engineers^ J. M. Myers. St. Louis. Mo.
M. A. Hansen. St. Louis. Mo.

LW. H. Bush. Wichita. Kan.

( D. M. Lewis, Plattsmouth, Neb.

il A- F- Rust- Columbia. La.
\ j c Kelton> Fort Scott- Kan.

S'ipt. Car Service— C.Vf Hequembourg, St. Louis, Mo.

Chit r Surgeon— Dr. W. B. Outten, St. Louis, Mo.

Paymaster— J '. W. King. St. Louis, Mo.

Stiff. Telegraph— C . W. Hammond. St. Louis. Mo.

Asst. 8upt. Telegraph— L. F. Sheldon. Sedalia. Mo.
' Gen. Fortm. Te'^.—H. D. Benedict. Little Rock, Ark.
' Supt. Hriffyexd' Jii'il'linyt—R. M. Peck, Pacific, Mo.

'J •.[.'• Commissioner— S. L. Highleyman, St. Louis, Mo.

Asst. Gen. Fgt. Agt.—R. G. Krake, St. Louis. Mo.
' Si.ipf Loco. (6 Cai:I)r)>t.— Frank Rearden. St. Louis.Mo.

F"el Agf.—'R. M. McDowell. St. Louis, Mo.
1 Wood, Tie & Timb. Agt.-X. T. Spoor, St. Louis, Mo.

Insp. Trans. JRoat9—W. H. Grapevine, Carondelet, Mo.
'. Stationery Agt. — Geo. Snodgrass. St. Louis. Mo.

/•:. Trni'. Ar,f.—J. P. McCann. Xew York. X. Y.

.v. Tnn . Agt.—L E. Drake, Louisville, Ky.

The Securities of Municipalities are growing in popularity as investments. Intend-
ing or actual investors who desire to learn the financial condition of any city, town,
county, or State, should subscribe for Poor's Hand-Book of Investment Securities :
price, $4. Published at 70 Wall St., New York.

99

Mis-Mox.

POOE S DIEECTOKY OF RAILWAY OFFICIALS.

555— 562

555 Missouri Pacific Ry. System.— Continued.

[H. D. Armstrong, Jackson, Mich.
TV/™ P"o* 4///C J J- C. Lewis, Austin, Tex.
7>a». Pass. Agts. { G E Don.iugtoni Omaha. Neb.

IE. E. Hoffman, Denver, Col.
..¥. .27. Pass. Agt.—G. K. Delahanty, Boston. Mass.
8. Pass. Agt.— A. A. Gallagher, Chattanooga, Trim.
W. Pass. Agt.-J. H. Lyon, Kansas City, Mo.
Gen. W. Fgt. & Pass. Agt.—G. A. Tripp, Denver, Col.
Gen. Pass. Agt.—S. H. Thompson. Pittsburg, Pa.
j\r. E. Fgt. Agt.—H. A. Rich, Boston. Mass.
Div. Fgt. Agt.— A. R. Bragg, Little Rock, Ark.
Dist. Pass. c£ Land Agt. — John E. Ennis, Chicago. 111.
TKst P/TO* Antt . J Alexander Coke. Indianapolis, Ind.
JJist. ±*ass. Agt& j N R Warwick. Cincinnati, O.
City Pass. Agt.—H. Griffin, St. Louis. Mo.
Pri-i \r,t<t *'W. H. Morton. St, Louis, Mo.
± a*s. Agtt. - j w MaKOn Cairo, 111.

fH. D. Wilson, Memphis, Tenn.

H. F. Berkley, Little Rock. Ark.

C. E. Styles, Atchisou, Kan.
Pass, cfe Tkt. Agt. •{ F. P. Wade, St. Joseph, Mo.

IJ. N. Joerger, Leavenworth, Kan.
T. F. Godfrey. Omaha, Neb.
[E. S. Jewitt, 'Kansas City, Mo.
Gen. Agt.—R. P. R. Miller. Lincoln, Neb.
Coml. F. c& P. Agt.—S. V. Derrah, Salt Lake City, Utah.
Ticket Agt.— William Hotrg, Pueblo, Col.
Pass. & Tkt. Agt.—E. E. Bleckley, Wichita, Kan.

Legal Department.

General Counsel — Jno. F. Dillon, New York, N. Y.
General Solicitor— A. G. Cochran, St. Louis. Mo.

f W. S. Pierce, 195 Broadway, N. Y.
H. S. Priest, for Mo., St. Louis. Mo.
B. P. Waggener, for Kan. and Neb.,

Atchison. Kan.
General Attorneys -\ J. H- Richards, Ft. Scott, Kan.

| J. M. Waldron, for Pueblo & State

L. RR., Pueblo, Col.
Dodge & Johnson, for Ark., Little

Rock, Ark.
General Claim Agent— Wm. E. Jones, St. Louis, Mo.

CORPORATE AND DIVISION OFFICERS.

Missouri Pacific Railway.
President— Jay Gould, New York, N.Y.
1st V.-Pres. & Gen.Man.—S. H. H. Clark, St. Louis, Mo.
2d Vice-Pres.— George J. Gould, New York, N. Y.
Asst. Gen. Ma/t.—Geo. C. Smith. St. Louis. Mo.
Secretary & Treasurer— A. H. Calef, New York, N.Y.
Asst. Secretary— Guy Phillips, New York, N.Y.
2d Asst. Secretary— F. W. Irland, St. Louis, Mo.
General Supt.— A. W.Dickinson. St. Louis, Mo.

("H. G. Clark, Sedalia,Mo.
. , , . , C. M. Rathburn, Atchison, Kan.
Superintendents { s T Shank]andi Osawatomie, Kan.
[R. Harding, Wichita, Kan.

f L. Bartlett, St. Louis, Mo.

TV ir t ir T, \ C. W. Weller, Atchison, Kan.
Div. Mast. Mechs. 1 w j Hm> Qsawatomie, Kan.

LJ. F. Jones, Ft. Scott, Kan.
St. Louis, Iron Mountain and Southern Ey.
President— Jay Gould, New York, N. Y.
\stV.-Pres. & Gen.Man.—S. H. H. Clark, St. Louis, Mo.
2d Vice-Pres.— George J. Gould, New York, N. Y.
Secretary & Treasurer— A. H. Calef, New York, N. Y.

' Barlow> St-

Mo-

2d Asst. Sec.— Guy Phillips. New York. N. Y.

Land Com. in Ark.—G. A. A. Deane. Little Rock, Ark.

General Supt.—H. E. Ricker, St. Louis, Mo.

Supt. Mo. Div.—D. Hardy, De Soto, Mo.

Supt. Ark. Div.—W. T. Kelly, Little Rock, Ark.

Supt. Central Div.— Harry Flanders. Little Rock, Ark.

. ( W. H. Harris, De Soto, Mo.
Master Mechanics^ Mord RobertSj Baring Cross, Ar

Paymaster— Chas. H. Stevens, St. Louis, Mo.

556 Missouri Southern RR.

President— John H. Douglass, St. Louis, Mo.
V.-Pres., G. Man.& Supt.— J. L. Clarkson, Leeper, Mo.
Sec. & Treas.—Arcti'd Douglass, St. Louis, Mo.
Gen. Attorney— W. Palmer Clarkson, St. Louis, Mo.
Chief Eng.— C. W. McCrea, Leeper, Mo.

557 Mobile and Ohio RR.

Climn. of Board— W. Butler Duncan, New York, N. Y.

Pres. <k G. M.-J. C. Clarke, Mobile, Ala

Vice- President— J. H. Fay, New York, N. Y.

Treas. & Sec.— Henry Tacon, Mobile. Ala.

Asst. Sec.— A. Mackintosh, New York. N. Y.

Gen. Auditor— R. V. Taylor, Mobile, Ala.

Gen. Solicitor-^. L. Russell, Mobile, Ala.

(;••,!. Supt. — D. McLaren. St. Louis. Mo.

Gen. Fgt. Agt.—J.T. Poe. St. Louis. Mo.

Asst. Gen. Frit. Agt.— J. M. Denyven, St. Louis, Mo.

Acting Gfm. I'tt.?*. Arrt.—'E. E. Posey, St. Louis, Mo.

Pur. Agent— R. II. Dnesberry. Mobile. Ala.

Supt. Vob. Dto.—C. S. Clarke. Mobile. Ala.

Xi'p. St. L.Div.—H. W. Clark, Murphysboro. 111.

S"i>t. Jackson Div.— J. N. Seale. Jackson, Tenn.

P'iy>n.& Cash'r—G. M. Sliepard, Mobile, Ala.

General Agent— R. C. Perkins, New Orleans, La.

Gen. Agent— W. J. Jeffrey. St. Louis. Mo.

Contrtng. Fgt. Agt.— liny L. De Pew, St. Louis, Mo.

Fgt. Agt.— A.. J. Davis. Kaunas City. Mo.

Land <fc Iin. Agt.— J. N. Eberle, St. Louis, Mo.

Trav. Pans. Agt.—U. P. Cook. Flint, Mich.

Trav. Agt.—G. B. Ramsay. Cairo. 111.

W. Trav. Agt.— Charles D. Ward. Omaha, Neb.

City Pass. Agt.—F. L. Harris, Cairo, 111.

Conn. Arit.—D. W. Buhl. Mobile, Ala.

Cotton Afft.—C. W. Gibson, Aberdeen. Miss.

LI !inl>t,t' Agt. — H. A. Smith, Waynesboro, Miss.

Car Acct.—A. B. Wilmer, Mobile, Ala.

Supt. of Teleg.—K. McKenzie, Jackson, Tenn.

JA/.-7. Mech.—Tft. T. Carson. -larkson. Tenn.

Mast Car Ke]>.—3. D. Gurganus. Whistler. Ala.

Registrar— Fanners'1 Loan & Trust Co.. New York, N.Y

L.'&Imm. Afjt.-S. N. Eberle. St. Louis, Mo.

' j W. T. Tatum. Mobile, Ala.
Road Masters^ D. J. Perry. Jackson, Tenii.
( R. Boyle, Murphysboro, 111.

558 Mobile ami Spring Hill RR.

President, Gen.Mgr., etc.—R. K. Warren, Mobile, Ala.
Sec. & Treas.— 3. /F. Maury. Mobile, Ala.
Mast, of Mac/i y. Rep.—C. W. Fowler, Mobile, Ala.
Auditor— P. Stark, Mobile, Ala.

">•">{) Monougaliela Connecting RR.

President— Henry A. Laughlin, Pittsburgh, Pa.
Vice-Pres & Treas. — Jas. Laughlin, Jr., Pittsburgh. Pa

Sepwvh!*2gt. |'Be"Jamin FaSe' Pittsburgh, Pa.
Gen. Manager— W. C. Quincy, Pittsburgh, Pa.
Road Master— Wm. Brown. Pittsburgh, Pa.
Master of Mach.— W. R. Nicholson, Pittsburgh, Pa.

560 31onongiiliela River RR.

President— J. N. Camden, Parkersburg, W. Va.
Treasurer— Q . J. Sands, Fairmont, W. Va.
Secretary — H. P. Camden, Parkersburg, W. Va.

Hugh G. Bowles, Monongahela, W. Va.

Auditor— G'. F. Carrell, Monongahela, W. Va.
Gen. Counsel— A. B. Fleming, Charleston. W. Va.
Gen. Attorney— Y. T. Martin. Fairmont, W. Va.
Eng. Main, of Way— John W. Patton, Fairmont.WT.Va.

F°&eCarR^ps: \ Wm" Stanhagen, Watson, W. Va.

561 M onwoii RR.

President— S. A. Whiting, Wilton, N. H.

V.-Pres., Tr. & G. Man.—J. F. Kimball, Lowell, Mas?.

Sec. & Attorney— J. F. Sprague, Monson, Me.

Gen. Supt. & JJur. Agf.—\V. L. Esterbrook, Monson. Me.

Gen. Fgt. <(• Tkt. Agf.—T. P. Elliott, Monson. Me.

Road Master— L. A. Hibbard, Mouson, Me.

563 Mont Alto RR.

President — Thomas B. Kennedy, Chambersbnrg, Pa.
Sec., Treas. & Pats. Agt.— E. B.Wiestling,Mont Alto, Pa.

Supt. cfc Parch. Agt.-J. F. Boyd, Mont Alto, Pa.
Gen. Fgt. Agt. — A. L. Langdon, Harrisbnrir. I'a.
Chief Engineer— Chauucey Ives, Chatnbersburg, Pa.

100

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

563—377

•"»«>:{ .Montana Union liy.

. \rnfi.— Win. H. Burns. Buttc, Mont.
Comptroller— Oliver W. Mink. Boston. M;i--.
A. it- '-. /•'. .1- /'. .1.— S. B. Calderhead, Butte. Mont.

]fr<'hftnic—Geo. Lindon". Anaconda, Mont.
Road Matt. <»• 8vpt. <>} ttr.—3. C. Flint. Butte. Mont.

•><» I Monterey and Mexican Gulf RR.

,,f — Geronimo Trevino. New York. X. Y.
Wee-President— T. s. Bullock. New York. N. Y.
-,' / \"/.;-I:r<.<i<lf»t—,~l. J. Fisher. St. Louis. Mo.

••'/.— Einererio de la Gar/a, Monterey. Mex.
Oomptrouer — Samuel Bingaman, New York. N. Y.
rre<U.—V. A. Wilder. New York. X. Y.
• mager—3. A. Robertson, Monterey. Mex.
nf.— r. A. Merriain, Monterey. Mex.
'ampico I )'<>-.— S. B. Burton, Victoria, Mex.
V. ((• P. Af/t.— Adam Hoffman. Monterey. Mex.
St. Afft.—K. H. Vaughn. New York. N. Y.
Aaent — J. C. Ray, Tampico. Mex.
-->;•— W. H. H. Lingard, Monrerey. Mex.
A'ff. 1 11,1.". . Irrfft. — C. Deweese. Monterey. Mex.
-•/.— J. M. Roberts. Monterey. Mex.

Cath. ct- / ''/////"/.-• /Vr — I. M. Trevino. Monterey. Mex.
PPly Co., Limited, N

New

{H. B. Robertson, St. Louis. Mo.
C. D. Ingraham. Birminofton, Ala.
J. A. McXaught, Cincinnati. O.

•36-3 Montgomery) Tuscaloosa and 3Iem-
pnis KK.

nt—C. C. Munroe. 45 Wall St.. X. Y. City.
•2-/ Vice-Prt&dent—TL. B. Joseph. Montgomery, Ala.
Trr'tJU/'rr—Geo. B. Shellhorn. Montgomery, Ala.
Secretory— Win. C. Giles. Xew York, X. Y.
Gen. M'in.— John W. Woolfolk. Montiromery. Ala.

mm. <(.• .L//y.— H. C. Tomkine, Montgomery. Ala.
Axsf. Chief Eng.—P*a\ Haberkorn. Montgomery. Ala.
P>i.r<:Ji. Afft.—k. C. Sapartas. Xew York, X. Y.
Car A>;-t'.—W. T. Spaulding, Atlanta, Ga.

•366 Moiitour Railroad.

President— (Vacancy). Pittsburgh, Pa.

Sec. & Trea*. -Wm. M. Short. Pittsburgh, Pa.

G<-n. Myr.— W. A. Andrews. Pittsburgh, Pa.

Superintendent— Vfm. Bald. Imperial, Pa.

Auditor— W. B. Case, Pittsburgh, Pa.

Gen. F. A P. A.—^. C. Andrews. Pittsburgh. Pa.

Gtdef Engineer — C. A Cooper. Pittsbursh. Pa.

Car Accountant— J. C. Andrews, Pittsburgh, Pa.

J/'./.-1/. Car Blr.lr. — James Nelson, Imperial, Pa.

J/>v.s7. nf Tra n*p. -Henry Weir. Imperial. Pa.

5«7 ^lontpelier and Wells River RR.

-/— D. R. Sortwell. East Cambridge. Mass.
11ce-Pre«ulf.)it— A. F. Sortwell. E. Cambridge. Mas-.
/'/»/. -\-Joel Foster. Montpelier, Vt.
•/«. — S. C. Shurtliff. Monrpelier. Vt.
Qen. J////..— W. A. Stowell, Montpelier, Vt.

.'/.. ,{- G=^. POM.,
r-w., />//. .-if//., ftw.

Au'L.Lo^al Treat. Gfn. - F. W. Morse, Montpelier. Vt.
7W. Mai... Fuel &\
P'li-rt,. Agf. )

/v>/-o. Hipi-a.— C. C'. Field. Montpelier, Vt.
Matter— Y. C. Dodge. Monrpelier. Vt.

568 Montreal and Western Ry.

" n/— J. A. Chapleau. Ottawa, Ont.
Vice-President— A. Desjardins, Montreal. P. Q.
M'lu. Dirn'for—H. J. Beemer, Montreal. P. Q.
See. ,!• Tr»i*.— E. Rodier, St. Jerome, P. Q.
Ciii.<.-f E/xjiHter— G. H. Garden, St. Jerome. P. Q.

569 tlonii <»s< Railway.

'//—James I. Blakslee, Mauch Chunk, Pa.
>'••- •/• fary— J. R. Raynsford. Moutrose, Pa.
Ti . '..F. (i- P. A.— Asa P. Blakslee. Mauch Chunk, Pa.
Gen. .»////. — T. G. Walter, Tunkhannock, Pa.
Gen. xol'K'Vor— Win. M. Post, Montrose, Pa.
Chief Engineer— Felix Ansart, Tunkhannock, Pa.

570 Morris County RR.

President— Joseph Wharton. Philadelphia, Pa.

571 Morriatowii and Cnnitoerland Gap RR.

!-, ; •.•.•;>?, fif — F. H. Allison, Morristown, Tenn.

Sec. <(• Trea*.—C. R. Jolinson. Morristown. Tenn.

Chief Engineer— F. J. Moser. Morristown. Tenn.

^v/,. Man.— H. E. Drew, Morristown, Tenn.

^-'/'. Supt.—C.J. Allison, Morristown, Tenn.

<r, n. Fgt. t£- PI/.-'---. Af/f.—'J. J. Shafer. Morristown. Tenn.

A>"7. ct Cashier— W. S. Whitney, Morristown, Tenn.

Valley RR.

President— W. F. Sayles. Pawtucket. R. I.
decretory— Ohariee O. Read, Pawtucket, R. I.
Ti "(surer— Fred. C. Sayles, Pawtucket. R. I.
^fw. Supt.— George M. Clarke, Saytesville, R. T.

573 Mount Hope ?Iiiieral RR.

Prfsident— John I. Blair. Blairstown.N. J.
Sec. <k Treaj.—E. F. Hatrield. Xew York, N. Y.
Superintendent— Samuel Davis, Pori Oram, N. J.

574 Mount Je\vett. Kiuzua and Riterville
RR.

r— Elisha K. Kane, Kane, Pa.
' /^ ;- Thomas L. Kane, Kane, Pa.

Harriet A. Kane. Kane, Pa.
Gen. Stipt.—Thos. M. McClellan. Mt. Jewett, Pa.

G*" 1,%'f1",: ct' -) J. Deuuistoun Watts. Kushequa, Pa.

tr I, ,1*1,1- John G. Rnhl, Kushequa, Pa.
i 'hi>f Ei'f/inter— G. H. Lyon, Bradford, Pa.

575 3Ionut 3IcGregor RR.

President— W. J. Arkell, Canajoharie. N. Y.
!';••*- Pre*.— D. W. Mahee. Ballston Spa. N. Y.
Secretary tfc Trta*.— Frank Jones, Ballston Spa, N. Y.

576 Mount Oliver Incline Ry.

President— T). Z. Bricke1.!. Pittsburgh, Pa.
Sec. & Trea*.— Daniel Beech. Pittsburgh. Pa.

-•Hit. & P'-ir. Agt.—^L. S. Holden. Piitsbursrh, Pa.

577 Mount Penn Gravity RR.

Prefiflent— James Rick. Reading. Pa.
Yice-President—T). B. D. Beaver, Reading, Pa.
,rer — Frank S. Livingood, Reading, Pa.

' Keading, Pa.

Industrial Securities are now attracting widespread attention throughout this
country. Full information in reference to all the leading industrial corporations whose
securities are of public interest will be found in Poor's Hand-Book of Investment
Securities; price, $4 per copy. Special investigations and reports made by Poor's
Bureau of Information and Investigation, 70 Wall St., New York.

101

MOU-NEW.

POOE'S D1EECTOEY OF EAILWAY OFFICIALS.

578-591

578 ftlount Washington RR.

Pres. <& G. Man.— Walter Aiken, Franklin, N. H.

Secretary— Frank E. Brown. Concord, N. H.

T. & Gen. Tkt. A.— Ed. D. Harlow, Boston, Mass.

579 Nantucket Ry.

President — Jonathan Dorr, Boston. Mass.

Sec. & Treas.— 3. H. Norton. Boston. Mass.

Stipt. & Parch. Agt.— Philip H. Folger, Boston, Mass.

Chief Engineer— W. Veazie, Boston, Mass.

Master Mech.—Chas. S. Vincent, Nantucket, Mass.

580 Narragansett Pier RK.

President— John. N. Hazard, Peace Dale, R. I.
V.-P., tf.cfe Tr.-R. G. Hazard, Peace Bale, R. I.

f& FF.gA. \ G' T" Lanphear, Peace Dale, R. I.
Master Meek.— Elisha Gardner, Peace Dale, R. I.
Car A/rf.— Enoch Story, Peace D;ile, R. I.
Road Master— P. D. Brennan, Peace Dale, R. I.

581 Nashville ami IvnoxvilN RR.

President — A. J. Crawford, Terre Haute. Ind.
Vice- President — H. A. Crawford, St. Louis. Mo.
Gen. Supt. & Ed. Ma«f.—A. Vandivort, Lebanon, Tenn,
Sec. <fc Treats.- J. A. Crawford, New Castle, Pa.
Gen. Agent,— T). Vandivort, Lebanon, Tenn.

5 8 « Nashville and Tellico RR.

President— R. L. Bright, Chattanooga, Tenn.
Vice- Pres. —A.. S. Thomas. Fayetteville, Tenn.
Sec. <(• Axs/. .]fcii/.—C. F. Herford, Chattanooga, Tenn.
'Treas. & Awt.—S. A. Bright, Chattanooga, Tenn.
Gen. Supt.— 3. D. Bright, Athens, Tenn.
Gen. Ticket Agt.— 3. Davis, Athens, Tenn.

583 Nashville* Chattanooga «fc St. Louis Ry'

Pres. & Gen. Man.— J. W. Thomas, Nashville, Tenn.
Sec. & Treas. — J. H. Ambrose, Nashville, Tenn.
Comptroller -3. D. Maney, Nashville, Tenn.
Gen,. Counsel— East & Fogg, Nashville, Tenn.
Law Agent — C. D. Porter, Nashville, Tenn.
Stock Agent— S. T. Spaulding, Nashville, Tenn.
Chief Engineer— R. C. Morris, Nashville, Tenn.

' <& J'W- Thomas, Jr., Nashville, Tenn.

Gen. Sttpt.—Jd.. J. C. Wrenne, Nashville, Tenn.
And. mab.—ll. G. Manoy, Nashville, Tenn.
Gen.Pa**. <(• T. .L— W. L. Danley, Nashville, Tenn.
Asst. Gen. Pass. & T.A.—W. F. March, Nashville, Tenn.
Gen. Fgt. Agt.— George R. Knox, Nashville. Tenn.
Asst. Gen. Ft. Agt.—J. F. Connor, Nashville, Tenn.
Gen. Bag. Agf.—\V. S. Andrews, Nashville, Tenn.

" Hicks' Tullahoma, Tenn.

Supt. CenterciUe Branch— C. M. Turner. Dickson, Tenn.
S'tpt. Jasper Branch — M. Anderson, Jasper, Tenn.
Asst. Engineer— B. L. Blackie, Nashville, Tenn.
Mast. Mechanic — James Cullen, Nashville, Tenn.
Sitpt. of Te!eg.—W. P. Sweeney, Nashville, Tenn.
Mast. 'Car Painter— F. Fields, Nashville, Tenn.
p/i/,^/ ir/ ./*,. . * Walter Rosser. Nashville, Tenn.
Road Hasten -, T T Malloney? Nashville, Tenn.
Paymaster — C. B. Glenn, Nashville, Tenn.
W. Pa** Agt.— 3. H. Latimer, St. Louis, Mo.
So. E. Pass. Agt.—W. T. Rogers, Chattanooga, Tenn.
No. W. Pass. Afft.—B. P. Neville, Chicago, 111.
So. W. Pass. A'gt.—R. C. Cowardin, Little Rock, Ark.

( W.' W. Knox, Nashville, Tenn.
Tkt. Agts.\ Frank Sevier, Chattanooga, Tenn.

( A. II. Robinson, Nashville, Tenn.
Pass. Agt.— James Moloy. Atlanta, Ga.

( J. L. Edmondson, Dalton, Ga.

Trav. Pass. Agts.lJ. W. Hicks, Charlotte, N. C.

/ D. J. Mullaney, Cincinnati, O.

C'tf. ('Ik. Fgt. T)pt.—Q. T. Ambrose. Nashville, Tenn.
Gen. H'. Fgt. Agt.—Jno. W. Scott. St. Louis, Mo.

583 Nashville, Chattanooga and SI. Louis

Ry. — Contiim<-il.

Xo. W. Fgt. Agf.—Y. B. Montgomery, St. Louis, Mo.
Gen. So. Agt.— 3. A. Sams. Atlanta, Ga.
.S'. \V. Fgt. Agt.—W. C. Price, Kansas City, Mo.
S. E. Trav. Fgt. Agt.—R. M. Mixon. Atlanta. Ga.
T? , . , i Geo. S. Litton, Nashville, Tenn.
Fgt. Agents ^j R Peeblegi Chattanooga, Tenn.
Gen. Agent — M. A. Connally, Jacksonville, Fla.

( W. H. Ilamblen, Chattanooga, Tenn.
Contctg.Ft.AgtsAS. F. Ewell, Cairo, 111.

( J. R. Courtney, Macon, Ga.
Trar. Fgt. Agf.—E. B. Teavhout, Huntington, Tenn.

584 Natchez, Red River and Texas RR.

Pres. & Treas.— Hugh Porter, New York, N. Y.

V.-P.. G. M. A Purch. Agt.—C. A. Gardner, Vidalia, La.

Secretary— \V . H. Murphy, New York, N. Y.

Gen. Tkt. Agt. -A. D. Livandais, Vidalia, La.

lid. Ma*f. & SitpL fird.gs.—Jnmes Landers, Vidalia. La.

Mast. Mech.—C. Wallace, Vidalia, La.

585 Natchitoclies RR.

' NatchitocheB,'La.

}7ice-President— Joseph Henry, Derry, La.
Sec.i Treas. & And. — A. E. Leinee, Natchitoches. La.
G. F. <£ T. A.— John C. Trichel, Natchitoches. La.
M. Mech. & Eng.—W. J. Goodwin, Natchitoches, La.

586 National City and Otay Ry.

President — Dwight Brennnn, Boston, Mass.
Vice-President—JolM E. Borl, National City, Cal
Sec. c6 Asst. Treas. — Henry Grajr, National City, Cal.
Treas. tfe Asst. Sec.— J. H. Goodspeed, Boston. Mass.
<'• n. .]fan. — Geo. J. Lockie, National City, Cal.
Chief Engineer — Jas. D. Schuyler, National City, Cal.
Master Mec/t.—C. H. Wooster, National City, Cal.

587 National Docks and New Jersey Junc-
tion Connecting Ry.

President- Chas. A. Sterling, New York, N. Y.
Treasurer—Charles M. Johnson, New York, N. Y.
Secretary — James. A. Hand, New York, N. Y.
Engineer—^. M. Slater, New York, N. Y.

588 Nevada-California-Oregon Ry.

Owners— Moran Bros., New York,N. Y.
Acct. & Cash.— Frank R. Lewis, Reno, Nov.
Manager & Chief Eng. — Erasmus Gest, Reno, Nev.
Mast. Transp.—J. M. Fulton, Reno, Nev.

589 Nevada Central RR.

President- 1. N. Phelps Stokes, New York, N. Y.
Sec. & Gen. Supt.—C. W. Hinchcliffe, Aus'in, Nev.
Treasurer— A. B. Elliman, New York, N. Y.
Auditor — G. A. Land, Austin. Nev.
Master Mech.—W. E. Killeu, Battle Mtn.,Nev.

590 Nevada County Narrow Gauge RU.

F'&GpuichGAgi. ! John F" Kidder' Grass Valle^ Cal-
Vice-President -Peter Johnston. Grass Valley. Cal.
Treas., Supt. & Aud.—E. H. Brown, Grass Valley. Cal.
Sec., A., F.& P. A. —George Fletcher, Grass Valley, Cal.
Mast. Car Rep. — James McCorinick, Grass Valley, Cal.

591 New Brunswick and Prince Edward

Island Ry.

President— Josiah Wood, Sackville, N. B.
Tr'-axi/rer—C. B. Trueman, Sackville, N. B.
Secretary— W. C. Milner, Sackville, N. B.
Car Accountant— J . F. Allison, Sackville, N. B.
(Jldef Engineer— R. C. Boxall. Sackville, N. B.
Road Master— F. C. Harris, Sackville. N. B.

PETTIBONE, MULLIKEN & CO., Chicago, 111,

Track Drills, Rail Braces, Rail Benders

XE \v-Xn\v.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

592-608

594 NewDurjih, Dutchess and Connecticut
RR.

/'/-.-. ,(• Tr-ns.— J. S. Schult/e. Matteawan. X. Y.
Vin-Pi-rxiilfnt— William Lummis, Now York. X. Y.
/•y— William A. Well:*, MmtteftWUt, X. Y.

'C- L' Kimba11' Matteawan, N. Y.

<V. T. Ag.. Aud. Pass. Rects., > William II. Moore, Mat-
Fgt. Accts. a- G>- n. Aud. \ teawan, N. Y.

Chief Engineer— E. Garrison, Newbnrgh, N. Y.

.)/. M.. M'. r. P..M. \

C. R., tfe Fore. VG. D. Holmes, Dutchess Jc., N. Y.
Loco. Reprs. \

R. M. & Sup. B.—Y. D Smith, Matteawan, N. Y.

593 Xew Castle and Butler RR.

President— M. S. Marquis, New Castle, Pa.

7V"/*. ((• Gen. Supf.—W. H. Marquis. New Castle, Pa.

Gen. Man.—Geo. B. Berger, New Castle. Pa.

594 Newfoundland Ry.

Itf-ceirer d- Manager — Frank H. Evans. London. Eng.
Man. for Rtc.d- Pur. Agt.— Thos. Noble.St. John's. N.F.
Meek. Supt.—Robt. Stein, St. John's. NTd.
Road Master—'?. P. Conners, St. John's. NTd.

595 New Hanover Transit Co.'s RR.

President— Isaac Bates. Wilmington. N. C.
Vice-Pres.—Wm. L. Smith, Wilmington. N. C.

Treas. — John V. Grainger. Wilmington, N. C.
Gen. Man.—J. W. Harper, Wilmington, N. C.
Superintendent — Jas. Nolan, Wilmington. N. C.

596 New Jersey and New York RR.

President- H. W. De Forest. New York. N. Y.
Vice-President— Isaac D. Demarest. New York. N. Y.

6O4 Newport ami Sherman's Valley RR.

nt <(• (,>-„. Man.— D. Gring. Newport. Pa.
President— H. II. Bechtel, Newport. Pa.
•fry — Horace Beard. Newport. Pa.
Treasurer — I. H. h-win. Newport. Pa.

•-/— S. H. Gring. Newport. Pa.

603 Newport and \Vi< klord RR

:. Westwood, N. J.

SitpL &*M'.' M.-3 . S. Drake. Hillsdale. N. J.
Mast. Car Bld.~L. B. Van Wagnen. Hillsdale. N. J.
Fin. Loc. P.eps.—R. W. Jepson. Hillsdale, N. J.
Master Car Painter— J. D. Mitchell. Spring Valley. N. Y.
Road Master— L. Doyle, Westwood. N. J.

597 New London Northern RR.

President d- Treas.— Robert Coit, New London, Ct.
Secretary— J. A. Southard, New London. Ct.
Superintendent — C. F. Spanlding, New London. Ct.

598 New Orleans and Northeastern RR.

—(See Queen and Crescent Route. >

599 New Orleans and Northwestern Ry.

T, • i J. D. Jenkins. Natchez. Miss.

'( C. H. Hammett. St. Louis. Mo.
President— Louis K. Hyde. Titusville, Pa.
1st Vice-Preside nt—1!. E. Morrison. Natchez. Miss.
2d Vlce-President—F. de L. Hyde, Titnsville, Pa.
3d Vice-Preside,!— A. C. Craney, St. Louis. Mo.
Secretary — James W. Lambert. 'Natchez, Miss
Treasurer— Charles Hyde. Plainfield. N. J.
Chief Engineer— W. D. Jenkins. Natchez. Miss.
Auditor— Robert Popkess. Natchez. Miss.
Fgt. ct Pass. Agt.—.}. M. Barclay. Natchez. Miss.
I)ii\ S>ipt.—E. J. Beard, Vidalia^ La.

600 New Orleans and Southern RR.

Pres. cfe Gen. Man.—J. A. Larnerd, New Orleans, La.
rice- President — Lloyd R. Coleman, New Orleans La
Stc. <t- Treas. -H. S. Bell. New Orleans. La.
Attorney— ft. D. White, New Orleans, La.
Master Mach. — Thos. Crow, New Orleans, La.
Road Master— John Reilly, New Orleans, La.

601 New Orleans, Fort Jackson and

oirand Isle RR.

President — H. C. Warmouth. New Orleans. La.

Secretary— James Wilkinson. New Orleans, La.

Treasurer— A. Baldwin, New Orleans. La.

Supt. & Chief Eng.— Chas. S. Dwight. New Orleans. La

Supt.—J. S. Laudry. Algiers. La.

Auditor— I. Collopy. New Orleans. La.

Master Meek.— Cm*. H. Burgis, Algiers, La.

, ^ M. Miller. New York, N. Y.

Sec. it Treas. — A. S. Sherman, Newport, R. I.
fr't/i. .^'/pf.—J. B. Gardiner, Providence, R. I.

6O4 Newport News and Mississippi Val-
ley Co.

GENERAL OFFICERS.

President— C. P. Huntington. New York. N. Y.

M V.-P. <(• -s. (f- 7'.— I. E. Gates, New York. N. Y.

2d llee-Pres.—John Echols. Louisville. Ky.

.l.v.v/. to P. d- Co, it.— Wm. Mahl. New York. N. Y.

Gen. Counsel— Ch-AS. H. Tweed. New York. N. Y.

Assf. sec.dAsst. Treas. — Ed. Zacher. New Haven, Conn.
| Cashier Western Dii\—J. B. Weaver, Louisville, Ky.

Auditor W. Div.—J. W. Baird. Louisville. Ky.

Tfatfir Ma/-. W.D.—E. W. Howe. Memphis. Tenn.

Gen. Fgt. Agt. W. Dir.—B. F. Mitchell, Louisville, Ky.
: Gen. Pass. Agt. W. Uir.—W. H. Prouty. Louisville, Ky.

Asst.Supt. W. Dir.— W. E. Morse, Paducah. Ky.
j Supt. Mot. Power TJ . 1) .— J. W. Luttrell. Paducah, Ky.
i Gen. Supt. W. Dir. — M. B. Cutter. Louisville, Ky.

Chief Eng. W. Dir.— A. T. Sabin, Louisville. Ky.

Gen. Bag. Agt.—ti. G. Willis. Memphis, Tenn.

So. Pass. Ag'f.—R. A. Hathaway. Memphis. Tenn.

Gen. Trar. Agt. -J. T. Morris. Louisville, Ky.
I Gen. Agt. — J. J. Fagan. Evansville, Ind.

60*5 New York and Greenwood Lake RR.—

(See New York, Lake Erie and Western RR.i

606 New York and Long Branch RR.

— Geo. F. Baker. New York,N. Y.
-S. M. Williams. New York. N. Y.

. . ... W. Watson. New York, N. Y.

- "tary— Samuel Knox. New York. N. Y.

^"pa^^iqf''lt' lt' I" Rllfns Blodgett, Long Branch. N. J.
Auditor— Thomas D. Manrer. Long Branch. N. J.
Gen Pr,™ 4r/f* ' H> P' Baldwin. New York, N. Y.
' i Jas. R. Wood. New York, N. Y.

Gen. Fgt. Agts

H. Wyckoff, New York, N. Y.
H j6yce, New York, N. Y.

607 New York and Massachusetts RR.

President— Geo. P. Pelton. Poughkeepsie. N.Y.
l"ice-P/'tside/tt — Henry D. Cone. Stockbridge. Mass.
See. (t- Treas.— Edward Elsworth. Ponghkeepsie. N. Y.

^;Ag'tF('f' I J' A- Perkins, Ponghkeepsie. N. Y.
Gen. Tkt. Agt.—E. L. Vande rbrugh. Po'keepsie. N. Y.
Maxtor Mec/i.—J. H. Burghardt, Ponghkeepsie. N. Y.
Road Master— John A. Risedorf, Ponghkeepsie. N. Y.

608 New York and New England RR.

Chairman— J. A. Bostwick. New York.N. Y.

President— Charles Parsons. New York. N. Y.

1st Vice-Preside, ,t-~ F. H. Prince, Boston. Mass.

•Id Vice- Pres.— Charles Parsons. Jr.. New York. N. Y.

Secretary — J. W. Perkins, Boston. Mass.

Treasurer— Geo. B. Phippi-n. Boston. Mass.

Gen. Counsel— Chas. A. Prince. Boston. Mass.

Paymaster -1. W. Foster. Boston. Mass.

General Supt. — I. D. Barton, Boston. Mass

Gen. Pass. <{- Tkt. Ayt.—A. C. Kendall. Boston. Mass.

Gen. Fgt. Agt.— Geo. F. Randolph. Boston, Mass

A**t. Gen. Ft. Af/f.—C. II . Goodrich. Boston. M-

Auditor— W. H. Dudley. Boston. M

Asst. Aud.—E. F. Cash. Boston. Mass.

i !'M- M' Whittemore. Norwich. Ct.

4™, /* * Boston S. D. &T. Co.. Boston. Mass.
Agents - Central Trust (,Q New York_ x y

Chief Engineer— L. B. Bidwell, Boston, Mass.

103

NEW-NEW.

POOR S DIRECTORY OF RAILWAY OFFICIALS.

60S-612

008 New York and New England RR.—

Continued.
Asst. Chief Engineer— G. T. Sampson, Boston, Mass.

A**f Tflnainttr* » H' C' Keith' B(*tml- Ma*»-
Asst. Engineers ^Pf -p o-Briell< Boston, Mnss.

Gen. Road Master— Samuel Letchworth, Boston, Mass.
Purch Agent— R. E. Rockwell, Boston, Mass.
Mast. Cur Paint. .(Inr )

Reprs.& Gen. Mast. vE. M. Humstone.Norwood,Mass.

Mtch. \

Supf. Cent. Div. — W. S. Jones, Providence, R. I.
Supt. N.& W. Div.— P. St. M. Andrew-, Norwich, Conn.
Jiosfoti, Supt. E. Div.—F. E. Dewey, Boston, Mass.
E. Hartford, 8>rpt. W.Div.—S. Noonon, E. Hartford, Ct.
Gen. Agent— Frank N. McClure, New York, N. Y. -
TU T? / A , I C. M. Bowman, Hartford, Conn.
1MV. ±<gt. Agents ^ George A Harris, Norwicli, Conn.

'/w,,, i?t Ant^ J E- A. Gordon, Rochester. N. Y.
Trav. Ft, Agts ] ^^ Finley< Boston> Mass.

Trav. Pass. Agt. — C. E. Summons. Boston, Mass.

Supt. Teleg.—Q. L. Lang, Boston, Mass.

Car Service Agt. — E. A. Nntting. Boston, Mass.

Div. Ma*1<-r Mechanic— S. F. Whaley, Norwich, Conn.

Locomotive Foremen— G. W. Gates. Providence, R. I.;
John Whittaker, Woonsocket, R. 1. ; C. W. Stanslmry.
Boston, Mass. : F. M. Masr, Hartford, Conn. ; Isaac
Morton, Fishkill Landing. N. Y.

Foremen Gar Reps.— Stephen Howland, Hartford,
Conn. ; S. D. Billings. Norwich. Conn.
Foreman Car Injectors— John McGann, Boston. Mass.
Forem. Car Paint.— Wm. Farnsworth, Norwood, Mass.
Master Bridge Foreman— W. R. Carter, Boston, Mass.
Gen. Fore. Loco. Dept.— JohnT. Brady. Norwood, Mass.
Gen. Fore. Car Dept.—D. W. Hunter, Norwood, Mass.

609 New York and Northern Ry.

President— R. S. Hayes, New York, N. Y.
Vice-President— R. F. Dimock, New York, N. Y. '
Sec., Treas. & Pur. Agt. — G. G. Haven, Jr., New York,

Auditor— Win. D. Basley, Yonkers, N. Y.
Gen. Supt.— ft. H. Vreeland, High Bridge, N. Y.
Gen. Ft. & Pass. Agt.—L. M. Allen, High Bridge, N.Y.
Transfer Agt.— Continental Nat. Bank, New York. N.Y.
Master Mach.— Thomas Milieu, High Bridge, N. Y.
Road Master— R. C. Moore, High Bridge, N. Y.
Forem. Mach. S.—L. W. Hewitt, High Bridge, N. Y.
Car Acct.—J. H. Kerrigan, High Bridge, N. Y.
Gen Milk Agt.— A. Whitlock, High Bridge, N. Y.

610 New York and Rockaway Beach Ry.

President— Austin Corbin, New York, N. Y.
1st Vice-President— Chas. M. Pratt, New York, N. Y.
2d Vice-Pres.— Ban J. Norton, Long Island City, N. Y.
Asst. Sec. &Trans. Agt.— D.S.Voorhees,New York, N.Y.
Treasurer— G. S. Edgell, New York, N. Y.
Gen. Stipt.—W. H. Blood, Long Island City, N. Y.
Asst. Supt.— ft. R. Newkirk, Long Island City, N. Y.
Supt. of Building— J. H. Cumin. Long Island City, N.Y.
Chief'Eng.—P.T). Ford, Long Island City, N. Y.
Purch. Agt.—G. L. Hubbell, Long Island Ciry, N. Y.
Aud. & Cash.— 3. Carlsen, Long Island City, N. Y.
Aud. of Rev.— G. D. Penniugton, Long Island City, N.
Traffic Man.— H. M. Smith, Long Island City, N. Y.

" MorriB Park'

Supt. Mot. Pow. L

Mast. Car Builder— W. II. McKay, Morris Park, N. Y.
Train Master— M. L. Jarvis, Long Island City, N. Y.

611 New York anil Sea Beach Ry.

Prettident~A\r\sk. H. Man, New York. N. Y.
Vice- President— L. C. Lathrop, New York, N. Y.

*ff.p.5SF>if" [ Jas- T- Nelson' New Yorb'N- Y-

Superintendent— R. A. Larke, Bay Ridge, L. I.
Master Mechanic— Jno. Van Ness, Bay Ridge, L. I.

612 New York Central and Hudson
River RR.

Chairman of Board— Cor. Vanderbilt, New York,N. Y
President— Chauncey M. Depew, New York, N. Y.
\st Vice-Pres.— Charles C. Clarke, New York, N. Y.
2d Vice-Pres.— Horace J. Hayden. New York, N. Y.
3d Vice-Piw.—ll. Walter Webb, New York, N. Y.
Gen. Traffic .Man.— Nathan Guilford, New York. N. Y.
Secretary— E. D. Worcester. New York, N. Y.
Treasurer— "Si. V. W. Rossiter, New York, N. Y.
Jx.xY. Treasurer— Geo. S. Prince, New York, N. Y.
Comptroller — John Carstensen, New York, N. Y.
Gen. Manager— John M. Toucey. New York, N. Y.
Gen. Sttpt.— Theodore Voorhees. New York, N. Y.
Gen. Frt. Agt.—E. Clark, Jr., New York. N. Y.
Asst. G. F. Agt.—S. Goodman. New York, N. Y.
THv.Fgt.Agt.tf. Y.Dir.—S. R. Collins, New York. N. Y.
Div Fgt. Agt. Syr. Div.— Seneca Kelly, Syracuse. N.Y.
'

Div.Fgt.A^t.Roch.Dtv.—VAyf.'H.Croly, Rochester, N.Y
Div. Fgt. Agt. P»tff. Div.— Geo. E. Terry, Buffalo, N. Y
G. E. F. A.'—H. L. Crawford, New York, N. Y.
Gen. Live Stctc.A.— John B. Butcher, New York, N.Y.

t. Gen. Live /

Alfred C. Mellor, New York, N. Y.

Stock Agt. I
Gen. Pass. Agt.— Geo. H. Daniels, New York, N. Y.
Asst. G. P. Agt.—E. J. Richards, New York, N. Y.
Gen. jr. Fgt. Agt.— 3. McFeggan. Buffalo, N. Y.
Gen. Agt.for Fgn. Fgt.—\\. James. New York, N. Y.
Special Fgt. Agf.—A.'J. Phillips, Syracuse, N. Y.
Gen. E. Pass. Agf.—M. C. Roach. New York, N. Y.
Gen. M'. /'ft**. Agt.—W. B. Jerome. Chicago, 111.
Pacific Coast Ag'f.—C. C. Crane, San Francisco, Cal.

; Edsou J. Weeks. Buffalo, X. Y.

Gen. Agts. Pass. Dept.<3*». S. Cark. New York, N. Y.
( Frank J. Wolfe, Albany, N. Y.
.sv. W. Trav. Pass. Agt.—G. C. Merrill. Chicago. 111.
X. JT. Trar. P. Agt.— Nelson Vandcrpool, Chicago. 111.
'fAmos Burr. San Francisco, Cal.

| A. E. Brainerd, Albany, N. Y.
Trav. Pass. Agts. •{ G. F. Hanford, Albany, N.Y.

I J. J. McCarthy, Buffalo, N. Y.

LW. S. Randolph. Buffalo. N. Y.
Chief Engineer— Walter Katte, New York. N. Y.
Chief Asst. Eng.—A. A. Schenck, New York, N. Y.
Bridge Eng.—Geo. H. Thomson, New York, N. Y.
D -^ 4 T? \ George F. Boulard, New York. N Y.
Resident Engs. {E F«Van Hoegen? Rochester, N. Y.

Gen. Counsel — Frank Loomis. New York, N. Y.
Attorney— G. T. Titus. New York, N. Y.
Tax Agent— Y. Hinchey, New York, N. Y.
Aud. of Disb.—F. C. Root, New York, N. Y.
.4. A. of Di«brs.— \V. W. Anste'y, New York, N. Y.
And. of P. Act.— 3. F. Fairlamb, New York, N. Y.
Asst. Aud. P. A.—J. C. WTolfe, New York, N. Y.
Aud. F. Accts.-W. B. Pollock. New York, N. Y.
Asst. Aud. F. A.— W. T. McCulloch, New York. N. Y.
Trav. Aud.— Lincoln Van Cott, New York, N. Y.

f E. G. Vandervoort, New York, N. Y.
, . ^ | 7 ! C. L. Cormier. New York, N. Y.

Asst. Trav.Auds.-{w F_ Boardman, Xew York. N. Y.

J.A. G. Adams. New York, N. Y.
Cat' Acct.—G. H. Ewings, New York, N. Y.
Purch. Agent— Allan Bourn, New York, N. Y.
Asst. Pur. A gt.— Dexter Fail-child-. New York. N. Y.
Gen. Coal Agt.—W. L. Kingmun, New York. N. Y.
Gen. Tie Au't.—S. C. Champion, New York, N. Y.
Paymaster^-3 . L. Burdett, New York. N. Y.
Supt. Teleg.—S. K. Rupley, Poughkeepsie. N. Y.
,s/V>. M. P. cfe R. S.— William Buchanan, New York, N.Y.
Asst. Supt. R. 8.—S. A. Crone, New York, N. Y.
Aftgt. Supt. M. P.— 3. D. Campbell, W. Albany. N. Y.
Gen. Bag. Agt — Frank J. Wolfe, Albany. N. Y.
Astt. G. B. A.—S. McCully, New York. N. Y.
Gen. Road Ma*t.— William' D. Otis, New York. N. Y.
Bunt. H. R. Dir.—D. B. McCoy. New York. N. Y.
Supt. Harlem D. -J. II. Phyfe. White Plains. N.Y.
Supt. Mohawk D.— F. A. Harrington. Albany, N. Y.
Supf. JJ'. Div.- -George H. Burrows. Buffalo, N. Y.
A*xt. Siipt. W. D.—G. L. Rossiter. Buffalo, N. Y.
Asst. S. W. D.— Henry Goold. Rochester. N. Y.
Gen. Road Master— Win. D. Otis, New York, N. Y.

Railroad Bonds are fully and minutely described in Poor's Manual of Railroads,
which is now in its 25th year. It is the standard authority. Send for circular. H. V.
& H. W. Poor, Publishers, 70 Wall St., New York.

104

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

— 614

\«\v York Central nml IlinUnii River

ic u. Cvntimted.

Asst. '. \V.

Pough-
O.

. X. Y. : G. B. Overbauirh. Albany, X. Y. :
W. dough. Syracuse, X. Y.

•.v— -James Buchanan. West Albany,
N.Y.: s. i. White, Syracuse. X. Y.: A. Gould. E:i-t
Buffalo, X. Y.

Maxt,-r far /!»'/ '</• /•.-•— L. Packard. West Albany,
X. Y.: Peter Smith. Ea*r Rochester. X'. Y.: E. Cham-
berlain. East Buffalo, X. Y.

(«) West Shore RR.

>/ C. M. Depew. Xew York. X. Y.
V.-P. <{• Gen. Connwl— Ashbel Green, Xew York, X. Y.

Manager— J. D. Lavnir. Xew York. X. Y.
Treasurer— E. Y. W. Roseiter, Xew York. X. Y.
Comptrollei — John Carstensen, Xew York. X. Y.
Auditor l)is.—Y. C. Root. Xew York. X. Y.
And. Frt. Arcf*.—W. B. Pollock, Xew York. X. Y.
And. 7V--A-. Acct&.—3. Y. Fairlamb. New York. N. Y.

rruific Mar,. — T. W. Mnsson. New York, N. Y.

^'tpf.—C. W. Bradley. Weehawken. X'. J.
Car Accountant— \\. W. Wheatly. Weehawken. N. J.
Gen. Frt. A.— Percy R. Todd. New York. X*. Y".
A**t. Gen. Ft. Agf.'— Francis La Ban. New York, X. Y.

:'a.<*. Agt.—Cto&8. E. Lambert. Xew York. X. Y.
Gen. Bag. Afft.—G. W. Civilians. Weehawken. N. J.
P'irch. Agent— Allan Bourn. Xew York. X. Y.
Chief Ei'ti'tiKri— Walter Katte. Xew York. X. Y.
>'. Tel. ft Signal— 3. B. Stewart. Weehawken. N. J.
n,r ?,,n/* ' w- G- Wattson. Kint^ton. X. Y.
m . SuptS. -, j P.Bra(lneld Syracuse. X. Y.
S'tpf. M. P. ({• R. S.— W. Buchanan. Xew York. X. Y.
A*. >'. M. P. <(: R. ,>.— J. M. Boon. Frankfort. X. Y.
Wi*f,> M,.h » p- E- Garrison. Buffalo, N. Y.

"• 1 John Howard. Xew Durham. X. Y.
Div P MX - Robert Brock. Kingston. X. Y.
"" i D. E. Dale, Syracuse. X. Y.

(b) Dunkirk. Allegheny Valley and Pittsburgh RR.

President— C. M. Depew, Xew York. X. Y.
Vice-President- -B.. Walter Webb, New York N Y
Secretary— T). W. Pardee, Xew York. X. Y.
Treasurer— E. V. W. Ro*siter. New York, X. Y.
S'(/>t.—C. H. Ketcham. Dunkirk, N. Y.
Comptroller — J. Carstensen. New York, N. Y.
Gen. Pax*. Agt.—Geo. H. Daniels. New York. N. Y
.-!'/'/. /7. _4<rfc.— W. B. Pollock. New York. X*. Y.
A>td. of f-axs. Aert*.—,J. F. Fairlamb. Xew York. N. Y
Pnrcft. Afft.—Allxa Bourn. Xew York. X Y

Road Master— I* M. Coghill. .

Mast. Mech.—\\. M. Buchanan. Xew York. X'. Y.

613 New York, Chicago and St. Louis Ry

Ch. of Tioanl—W. K. Vanderbilt, Xew York, X Y
President— D. W. Caldwell. Cleveland ()
Sec. & Treas.—Allyn Cox. New York. x. Y.
A«*(. Trcas.—H.Hammerslev. Cleveland O
Oen, .snpt. —Lewis Williams". Cleveland. O.

''oxnael—S. E. Williamson, Cleveland O
Gen. Fgt. Aat.—G. B. Sprigs. Cleveland. O.
Gen. Pass. Arjf.—R. F. Homer. Cleveland O
Auditor— J. P. Curry. Cleveland. O
Parch. Af/fnt—^. M. Rodger?. Cleveland, O.
•S'. Motive Amur— John Mackenzie. Cleveland. O.
far Accounrt—W.J. Robertson. Cleveland O
Transfer Agt.— Fred'k M id die brook. Xew York. X. Y.

Eaxfern DMsion.

Superintendent— A* W. Johnston. Cleveland, O.
Engineer— Q. W. Vaagban, Cleveland. O.
Master Mech.—K. A. Miller. Connt-atit, O.
Bridge Supervisor— I. Cole, Cleveland. O.

HI I Xew York, Lake Erie &, Western UK.

l',,.<'i, h 'i,t —John Kini;. Xew York. X. Y.
Chm. K.I. Com, J. <-. McCnllcnirh. Xi-w York. X. Y.
1>V ]"••>- I'rr*.— E. B. Thoina.-. New York, X. Y.
•,V Vlce-Pret.—Qton. H. Vaiilam. Xew York X. Y.
:>>•/ nce-Prt*. Andrew Donaldson. Xew York. X. Y.
Secretary A. H. Macdonongh, New York, N. Y.
Treasurer — Edward White. Xew Yttrk X V
Ax*t. Trra.-'.-VS. B. Bancker. Xew York. X. Y.

Atty.—J&e. A. Buchanan, Xew York. X. Y.
ASft. Atty.—ChM. Steele. Xew York.N.Y.
«r'n»-ra/ Jfar«i</ei'—A\fred Walter, Xew York X Y
West. b\,t. Traf. M<f,:-G. G. Cochran. Cleveland, 6.
Gen. Frt. Agt.—F. L. Porneroy, New York, X. Y.

'. Agf.— Samuel P. Shane, Cleveland. (>.
A**t. <itn. Fgf. i II. S. Buriresser. Xew York, X. Y.

Af/fx. f J. Deuel, Buffalo. X. Y.

Ch.dk, Ft. C8.D.—V. E. Tiklen. Xew York X Y
Coal fat. Agt.—ll. B. Crandal!. Xew York. X. Y.
Gen. Pass. Agt.— D. I. Roberts. Xew York X Y
Asst. Gen. P. Agt.—Y. W. Buskirk. Chicago, 111.
Auditor— W. Farrington. Xew York. N. Y.
And. of Truffle— E. P. Campbell. Xew York, N. Y.
Trar. Auditor— A. T. Cuddeback. Xew York X. Y
And. Disburx.— Xewton S. Rntter. Xew York. N. Y.
f'tr'il Engineer— C. W. Buchholz, Xew York. N. Y.

Purch. Agent— E. B. Shcffer, New York, N. Y.

G. Live. Sfk A.— Geo. F. Geatran, New York X Y
' '. Mot. Poiv.—A. E. Mitchell, New York. N. Y.
. S"pf. Mnt. Pow. — S. Higgins. Cleveland. O
••«<! Masters— T. S. Higbid. Jersey City. N. J. ; W.

mhrpv JprstPv Citv "V .T • "P T Roi^J^T. T>/^^t TQ^

Road

S>tlKrinfenfl*nt.—C. D. Gorham. Ft. Wavne, Ind
Enjinetr— W. M. Pardee. Ft. Wayne. Ind
Matter Meek.— T. B. Hindel. Stonev Island 111
Bridge Supervisor— J&s. Roigere, Ft. Wavne' Ind

. . . .

Humphrey, Jersey City, N. J. : F. T. Reisler. Port Jer-
vis. N Y. : W. A. Van Frank. Elinira. N. Y. : W A
Hiester, Buffalo, N. Y. ; H. E. Gilpin, Hornellsville,

Gtn. x>ipt.—3. H. Barrett. New York, X'. Y.

Supt. of Tran?f>.—W. H. Starr, Jersey City, N. J.

Gen. Ar/t.—'M. E. Staples, New York. N. Y.

Gen. Road Jfaster—S. R. Johnston, Jersey City, X. J.

Gen. Tax Agent— James Alien, Hornellsville X Y

Supt. of Teleg.—W. J. Holmes, New York, N.Y.

Supt. of ferries— J. M. Cherry, Jersey City, N. J.

Passenger Agents.

Gen. East. Pass. Ar/f.—Jas. Buckley. New York. X Y
Pac. Coast Agt.—J. G. McCall. San Francisco. Cal.
European Ayfs.—G. H. Fletcher & Co., Liverpool. Eng.
NewJEng. PtMt.Agt.—O. W. Jordan. Boston, Mass.
Can. Pass. Ac/t.—S. J. Sharpe. Toronto, Ont
G*n. AS,e. fMS. D,,,. -; g; £ *UHjh..Mg O.

f C. H. Clough, New York. N. Y
i S. T. Seely. Elmira. N. Y.

nir T>r,sa Ante J F- H- Garfield, Jamestown. N. Y
Dto. Pass. Affts.4 A w Bodle/Buffalo x Y

II. T. Jaeger, Rochester. X'. Y.
[.F. M. Caldwell. Hantingtdn Md

f C. B. Dean, St. Paul, Minn.

| E. G. Davidson. Kansas City. Mo.

I Eugene A.Jones. Ch'ta/j ooga,Tenn.
Trar. Pass. Agts. { R. H. Wallace. Akron O.

I W. J. Homer, Elmira,' N. Y.

I W. H. Arms. Allentown, Pa

L B. A. Branch, Chicago. 111.
City Pass. Afft.—A. M. Warrell. Chicago. 111.
City Ar/f.—H. T. Jaeger, Rochester, N. Y.

Frdf/ht Agents.

Com'l Agt.—C. H. Hall, Xew York, N. Y.
Gen. -Vo. TJWr// Frji. Afft.—G. J. Borap, St. Paul, Minn
So. Fat. Agt.—W.D. Scott. Chicago. Ill

f R. M. Parker. Jersey Citv, N. J.
W. C'. Buck. Elmira, X Y

I J. M. Horton, Rochester, N. Y.
Division Agts- -{ H. C. Hastings, Meadville. Pa.

I J. L. Henderson. Youngstown, O.

I C. W. Clark. Galion.O.

L H. W. Forward, Chicago, 111.

Eastern Division.

Superintendent— C. R. Fitch, Jersey City. N. J.
Master Mech.—C. E. Fuller, Jr., Jersey 'City. X. J.

Delaware Division.

Sape ri nten dent—W. L. Derr, Port Jervis X Y
Matter Jfech .—11. A. Gillie, Port Jervis, N. Y.

105

NEW-NEW.

POOR 8 DIRECTORY OF RAILWAY OFFICIALS.

6 1 4-6 1 r

614 New York, Lake Erie and Western
RR.- Continued.

Susquehanna Division .

Superintendent— M. W. Maguire, Elmira. X. Y.
Master Mech.—W . Lavery, Siisquehanna, Pa.

Jefferson Division.
Superintendent— George Van Keuren, Carbondale, Pa.

Western Division .

Superintendent— J. F. Maguire, Hornellsvillc, N. Y.
Master Mech.—T. W. Ranson, Hornellsville, N. Y.

Buffalo and Buffalo Southwestern Division.
Superintendent — C. A. Brunn, Buffalo, N. Y.
Master Mech.-Geo. B. Ro as, Buffalo, N. Y.
For. Car Repairs— "Robert Gunn, Buffalo, X. Y.

Rochester Division.

• Superintendent — G. A. Thompson, Rochester, X. Y.
Master Mecfi.— C. P. Weiss, Rochester, X. Y.

Tioga Division.

Superintendent— H. E. Gilpin, Elmira, N. Y.
Master Mech — W. Lavery, Susquehauna, Pa.

•Northern of Net? Jersey Diruion .
Superintendent— E. E. Moodey, Jersey City, X. J.
Supervisor— P. Halloran. Sparkill, X. Y.

Bradford Division.

Superintendent— C. V. Merrick, Br.idford, Pa.
Master Mech.— G. W. Conklin, Bradford, Pa.

(a) New York, Pennsylvania and Ohio Division.
Gen. Man.— A.. M. Tucker, Cleveland, O.
Gen. Su.pt.— 3. C. Moorhead. Cleveland, O.
Supt. of Transp.—ti.. M. Mo/ier, Cleveland, O.
Asst. Supt. Mot. Power— S. Higgius, Cleveland. O.
Act. Gen. Road Mast.— Am. Mordecai, Cleveland. O.
G. L'd & Tax Agt.—S. H. Dynes, Cleveland, O
Supt. of Teleg. — W. J. Holmes. Xew York. X. Y.
» ri ^f f I J. M. Larned, Meadville, Pa
Road Master* ( c H Paine Voungstown. ().

Eastern Division.

Superintendent— Jno. S. M-itson, Meadville, Pa.
Acting Master Mech.— F. B. Smith, Meadville, Pa.
Fm. Car Rprs. — G. A. Chapin, Kent, O.

Western Division.

Superintendent — C. A. Allen, Gallon, O.
Master Mech. -A.. W. Ball, Gallon, O.

Mahoning Division.

Superintendent— H. X. Donaldson, Youngstown, O.
Master Mech.—T. Cannody, Cleveland, O.

(o) New York and Greenwood Lake Ry.
President— Abram S. Hewitt, New York, X. Y.
Vice-President -E. B. Thomas, Xew York, X. Y.
Secretary— A. R. Macdonough, Xew York, X. Y.
Treasurer— T. Bowne, Xew York, X. Y.
Gen. Pass. Agt.—D. J. Roberts, Xew York, X. Y.
Superintendent— R. E. Moodey, Jersey City, X. J.
Road Master— W. Humphrey, Jersey City, X. J.
Master Mech.-G. E. Fuller, Jr., Jersey City, X. J.

(c) Tioga Railroad.

President— John King, Xew York, X. Y.
Secretary— A.. R. Macdonough, Xew York, X. Y.
Treasurer— R. White, Xew i'ork, X. Y.
Superintendent— II. E. Gilpin, Elmira, X. Y.
Purch. Agent- -E. B. Sheffer, Xew York, X. Y.
Master Mech. — W. Lavery, Susquehanna, Pa.

(d) Barclay RR.

President— Edward M. Davis, Chelton Hills, Pa.
Vice-President— J '. R. Claghorn, Philadelphia, Pa.

«14 New York, Lake Erie and Western
RR.— Continued.

Sec. & Treas.— Harvey Shaw, Xorristown, Pa.
Supt. <f- (!. K.—R. T. Dodson, Barclay, Pa.
Master Mech.— Daniel McCarthy, Foot of Plane, Pa.
Road Master — H. H. Bentley, Towanda, Pa.

(e) New York, Lake Erie <fe Wextc.ru Coal & RR. Co.
President— S. K. P. Hall, St. Mary's, Pa.
Ti't'dxin-tr- Edward White, Xew York, X. Y.
Secretary — A. R. Macdonon"-h. Xew York, X. Y.
Div. Supt.—C. B. Merrick, Bradford, Pa.

615 New York, New Haven & Hartford
lift.

President— Charles P. Clark. New Haven, Conn.
Vice- President— Lucius Tut Me, New Haven, Conn.
(r<-n. .}f<tnager — Lucius Tattle, Xew Haven, Conn.
Treasurer— W. L. Squ.re, New Haven, Conn.
Secretary — W. D. Bishop, Jr., Bridgeport, Conn.
Executive Secy.—W. E. Barnett, New Haven, Conn.
Gen. Supt.—C. H. Platt, Xew Haven. Conn.
Sp. N. Y. & N. H. D.—O. M. Shepard, Xew York, X. Y.
Supt. Hart. Div.—C. S. Davidson, Hartford, Conn.
Sup. Sh. L\- Dir. W. A. Waterbury, Xew Haven, Conn.
Asst. Sup. N't h'n J)iv.—\l. G. Curtis, Xew Haven, Conn.
Sup. Nttur/. Dir . — Geo. W. Beach, Waterbury, Conn.
Svp. Valley Dir. -3. V. A. Trumbnll, Hartford, Conn.
Supt. Air Line D. — A. S. Ostrander, Xew Haven,Conn.
Assistant JUi'ision Superi/iffnden.tft—W. J. Crosby.
Harlem River, X. Y.; Wm. II. Wallace. Xew Haven,
Conn. ; J. S. Scofleld, Grand Central Depot, Xew York.
X. Y.; Edward Curtis, Hartford, Conn.
('o>i. ! it roller — H. M. Kociiersperger, Xew Haven, Conn.
Gen. Pass. Ar/t.—C. T. Hempstead, Xew Haven, Conn.
Gen. Tkt. Ar/t.—S. N. States, New Haven, Conn.
Gen. Fgt. Aat.—TS. A. Willcox,New Haven, Conn.
Auditor of Disb.—S. C. Fleetwood, New Haven, Conn.
Aud. of Pass. Ttecpts. — F. B. Bertine, New Haven. Conn.
And. of Ft. Recpts.—3n\m Mackrille. Xew Haven. Conn.
Chief 'Engineer— F. S. Curtis, Xew Haven, Conn.
Si(/n<il Eng. — Henry D. Beach, Bridgeport, Conn.
Purch. Agent.— Henry A. Bishop, Xew Haven, Conn.
Supt. Mot. Pow. — J. Henney, Jr., Xew Haven, Conn.
Master Car Builder— James Denver. Xew Haven. Conn.
f'ar Service Agt. — W. S. Compion, New Haven, Conn.
Supt. of Marine Con. — S. A. Gardner, New Haven, Conn

616 Ne\v York, Ontario and Western Rlti

President— Thomas P. Fowler, New York, N. Y.
Vice- President — Joseph Price, London, Eng.
Vice-Pres.& Gen. Counsel— J. B. Kerr, New York, X. Y.
Treas. & Sec.—R. D. Rickard, Xew York, X. Y.
Gen. Manager— S. E. Childs, Xew York. X. Y.
G. F. & P. 'A.-3. C. Anderson. Xew York, X. Y.
Chief Engineer—lS,. Canfield, Middletown, X. Y.
Supt. Trdnsp. -C. W. Lanpher, Xorwich. X. Y.
Supt. M. P.—G. W. West, Middletown, X. Y.
Pch.A.& Paymaster— Chas. A. Draper, Xew York, X. Y.
Transfer Agt.— John Fleming, New York, N. Y.
Gen. Bag. Agt.—F. W. Smith, Weehawken, N. J.
Car Accountant— J as. McQueen, Norwich, N. Y.
Auds.— Barrow, Wade, Guthrie & Co., New York, N. Y.
Chf. Clk. Trqf. Acct.-H. A. Hughson, New York, N. Y.
Gen. E. Agt.— James R. Dunbar, New York, N. Y.

617 New York, Philadelphia and Norfolk

RR.

President— A.. J. Cassatt, Philadelphia, Pa.
Vice-President—Wim&m A. Patton, Philadelphia, Pa.
Treasurer— 3. G. Cassatt, Philadelphia, Pa.
Sec. & Auditor— Wm. Cariss, Jr., Philadelphia, Pa.
Superintendent— li. W. Dunne, Cape Charles, Va.
Gen. P. & F. Agt.—R. B. Cooke, Norfolk, Va.
Mast. Mech.—C. O. Skidmore, Cape Charles, Va.
Supervisor— C. A. McKinney, Cape Charles, Va.
Train Master—^. G. Manahan, Cape Charles, Va.
Trav. Pass. Agt.— Chas. W. Reiff, Philadelphia, Pa.

• The Silver Question, up to the time of the resumption of specie payments, January
1, 1879, is ably treated by H. V. Poor in his work "Resumption and the Silver Ques-
tion;" price, $1, post free. Order of your bookseller, or send direct to the publishers,
H. V. & H. W. Poor, 70 Wall St., New York.

106

XK \v-Xon.

POOR S DIRECTORY OF RAILWAY OFFICIALS.

618-025

618 Ne\v York, Providence «fc Boston RR,

/(/—Samuel D. Babcock, New York. N. Y.
Vict-Prtxidnit— Genrire M. Miller. New York. N. Y.

/'/•"/."-.--•A. K. LoiiL'lev. Providence. R. I.
Xonager—3. W. Miller, New York. X. Y.

J. 6. Gardiner, Providence, R.I.
.(.vx/1. f,i Si/i>f. — F. G. Spencer. Providence. R. I.

-. Agt.- -I. M. Williams. Providence. R. 1.
POM.ATU. Agt.—O. H. Briggs. Providence, R. I.
Auditor— O. W. Cooke, Providence, R. I.
7'rn />•-/"/• Agt.— Central Trust Co.. New York, N. Y.
Paymaster— J. R. Gladding. Providence, R. I.
P'irch. Agent— J. L. Hayden, New London. Conn.
Chief Engineer — E. P. Dawley. Providence, R. I.
Fm;. "T sign-it* 1). P.. Scott. "Providence. R. I.
.1A/W. 'Vc.-//.-L. M. Butler, Providence. R. I.

—S. A. Wheeler. Providence. R. I.
let A'/f. \V. K. Mitchell, Providence. R. I.

619 New York, Siisquehanna and AV extern
RR.

/-/—Simon Borg. New York. N. Y.
ricf-PHxhleiil—3. W. Ogden, New York. N. Y.
•2fl Vice-Pre*. A Sec.— 3. P. Rafferty. N"e\v York. N. Y.
Tre<i*>irer—R. C. Shimeall. New York. N. Y.
A>"Jifor—C}\;\<. V. Ware. New York. N. Y.

- ,>-,f.—C. D. McKelvev. Jersey City, N. J.
0. F. it- P. A. -1. I. Demarest. New York, N. Y.

*' * I C- T- Demares r. Jersey City. N. J.

.—\\' . C. Ennis. Wortcndyke. N. J.
/. far Paint.— Sam'l Westervelt.Wortendyke. N. J

- George Bartle. Middletown. N. Y
Road Master— George Smith, Middletown, N. Y.

620 Nil tail} Valley RR.

President — Jones Wister. Philadelphia, Pa.
Sec. d- Trea*.— M. W. Walsh, Philadelphia. Pa.
Gtti. Manager — J. W. Gephart, Bellefonte, Pa.

G21 Norfolk and Carolina RR.

President— Warren G. Elliott. Wilmington, N. C.
Vioe-Preg.—'SL. Walters. Wilmington, N. C'.
Gen. J/<//«. <t- /»»//•. Arjt.—G. M. Serpell, Norfolk. Va.
Sec., Treats. & Trans. A.— C. G. Elliott, Norfolk, Va.
Gen. Auditor— W. A. Riach, Wilmington. N. C.
-!•>•.*/. An-.!.— Spencer Le Grand, Norfolk, Va.

€kL "T- >L Eraerson> Wilmington. N. C.

* r J' R' Kenl>-< Wilmington, N. C.
Chief Eng.— B. R. Dunn. Wilmington, N. C.
Mast. Much., Fore. Loco. )

JReprs. cfc J/rt<tf. Gar ;-J. S. Whitworth, Norf' k,Va.

Paint, d- Car Hep. \
Road Mast. A Supt. Bdgs.—J. H. Nurney. Suffolk. Va.

Norfolk, A Ihemarle and Atlantic RR.

President— Geo. S. Jones, New York, N. Y.
Vice- President— Warner Van Norden, New York N Y
See. , Treas. <fe Pur.A.—Wm. Evans, Jr., New York, N. Y
<j<:n. *>/pt. & Gen. Fat. > T xr ^- i -«.T _* ,,
ABag.Agt. ,-J- M. Dickey, Norfolk, Va.

Asst. Si'ipt.—'B. P. Holland, Norfolk, Va.
Gen. Agent— Gen. V. D. Grover, Norfolk, Va.
Asst. Trtat.. Awi. Pass. )

Beets., Tkt. Aud. & \ Geo. M. Glazier, Norfolk, Va.

Gen. Auditor \

Gen. Conn.— White & Garrett, Norfolk. Va.
Master Mech.— Robt. D. Whitehorn, Norfolk, Va.

623 Norfolk and Ocean View Narrow
Gauge RR.

President— W. H. Taylor, Norfolk. Va
Sec. & Treas.— T. S. Taylor, Norfolk, Va

" Colonna' ^

«»vi I Norfolk and Southern RR.

President— Wateon B. Dickerman. New York. N. Y.
Vice-President— Walter S. Johnston, New York. N. Y
Sec. & Trtat.—yi. W. Dominick, Brooklyn. N. Y.
Gen. P. & F. A.—U. C. Hud-ins. Norfolk, Va.
Gen. Man. rf- P»rc/,. Agt.—M. K. Kin-. Norfolk. Va.
Auditor— 1. P. Jernigah. Norfolk, Va.
/'"/. <>r' Stock— Atlantic Trust Co.. New York, N Y
Svpt. Norfolk l>ir.—\\. W. King. Berkley. Va.

. !'•: A. M. Hawkins. Roper. N. C.

. M',t. Power— Qt. R. Joughins, Berkley, ^'a.

625 Norfolk and Western RR.

•••/— F. J. Kimball, Philadelphia. Pa.
T'.-/V'>. (f 'r-,/. .I/-///.- Jos. H. Sands, Roanoke. Va.
Vice-Pre*lde/it— Charles G. Eddy. Roanoke, Va.
^4^. toPre*.—'W. C. Bullitt. Philadelphia Pa
A**f. to Pi**.— Charles H. .Mellon. Philadelpliia, Pa.
Secretary— A. J. Hemphiil, Philadelphia, Pa.
Treasurer— Wm. G. Macdowell. Philadelphia. Pa.
A**f. y'm/.-'.-G. R. W. Armes. Philadelphia, Pa
r,/x/,,V;'_Chas. J. Eastwick. Philadelphia. Pa.
Paymaster — Joseph B. Lacy. Roanoke. Va.
OomptroUer—M. C. Jameson. Philadelphia, Pa.
SoKcttor—JoB. I. Doran. Philadelphia. Pa.
Asst. Solicitor— Fred M. Leonard. Philadelphia, Pa.
Auditor— Joseph W. Coxe, Roanoke Va.
Asst. Ami.— Walter Macdowell. Roanoke. Va.
*>i],f. nf Tranxp.— Frank Hnger. Hoanoke. Va
Gen.Svpt. Ea*t. ZHt>.— David W. Flickwir. Roanoke, Va.
Gen.Svpt. West. Dir.-\. C. Hi|.pey, Roanoke. Va
Supt. Xorjolk Dh\— Edm. L. Dn Barry. Crewe. Va.
Supt. Lynchb. I>h\— Jas. C. Cassell, Roanoke. Va.
Supt. Durham Dir. -Theo. Low. Lynchbnrg, Va.
Supt. Boanote Die.— Thos. H. Bransford. Roanoke. Va.
Siipt. Shenandoah D\v.—S. W. Cook. Shenandoah. Va.

Sh^aS^S!r r IX H" Bar=er- Winston-Salem. N. C.
Supt. Eadford Div.— John A. Hardy. Radford, Va.

. Pi/hitkl Dir.— John G. Osborne. Radford, Va.
iTttn-h V. 7>j?-.-M. D. Maher, Bhiefleld, W Va

. 5«oto F. />?»-. -Jos. Robinson. Columbus. O.
Gen. Fgt. Agt.—T. S. Davant, Roanoke, Va.

;^; j-0. Howard Rover, Roanoke, Va.

Asst. Gen. Fgt. Agt.—O. Howard Royer. Roanoke. Va.
Dir. Ft. Agt. E.^'\Y. frir.—W. E. Miiigea. Roanoke Va
Ft. Agt. Durham Dir.—R. C. Stanard. Durham. N. <
Ft. Agt. Winston- I A. P. Waningtan, Winston-Salem

Salem Dir. \ N. C.

Foreign Ft. Agt.—\\. T. Payne, Norfolk, Va.
frf-n. Ea*t. Afft.—ThOB. Pinckney. New York N Y
Fgt. Cl. Agf.—A. F. Ravenel. Jr.". Roanoke. Va.
Gen. Pa**. Agt.-W. B. Bevill, Roanoke. Va.
Purch. Agent— W. C. De Armond, Philadelphia. Pa.
Assl. Pnrch. Agt.—E. T. Burnett, Roanoke. Va
Svpt. Mot. Power— R. H. Soule, Roanoke. Va. /

Chief Engineer— W. W. Coe. Roanoke. Va.
Eng. Main, of TT>///-Chas. S. Churchill. Roanoke, Va
Dir. Eng.M.of W. West.Dh'.— J. B. Fuller. Roanoke Va

bff:* ^ !-H. H. S. Handy. Roanoke. Va.
Asst. Eng.—C. P. Bonner. Norfolk. Va.
Asst. Eng. Norfolk Dii\—\\. P. Edmonds, Crewe. Va.
Asst. Eng. LyncJib. Dir.— Charles Rankin, Roanoke, Va.
Asst. Eng. Boanokf Div.— A. Bruner, Roanoke, Va.
Asst. Eng. S/ien- 1 C. H. Fenstermacher,

andoah Dir. \ Shenandoah, Va.

Asst. Eng Rmlfwl Die.— M. J. Caples. Radford. Va
Asst. Eng. Pulaski Dic.—J. D. 3Ioffett, Radford. Va.
Asst. Eng. Clinch > . T> -.fni^ TJI « 1^1 \r- -i-

Valley Dir. \ A- p- •Wlller- Blnefield, \V . \ a.

Master Mechanics— N. W. Norsworthy, Crewe, Va •
N. H. Smith. Bluefield. W. Va. : C. M. Mavs, Durmid'
Va. ; J. E. Battyo. Shenandoah. Va.

foreman Ro>~tndho>nw*—¥. A. Given. Norfolk Va •
P. McEldowney and J. A. Wilson, Roanoke. Va.

Foremen Or'frhanlers— J. S. Champion, Crewe Va •
W. C. Mays, Lynchbnrg. Va.

Foremen— L. P. Ligon. Radford, Va. ; E. F. Hurt
Bristol, Tenn.

K. Carr, Roanoke. Va.
\- D- B. Middaugh. Roanoke, Va.

107

POOR'S DIRECTORY OF E ttLW AY OFFICI iLS.

r,v» **

625 Norfolk and Western RR.— Continued.

E. Pass. Afft.—L. J. Ellis, New York, N. Y.

N. Eng. Agt.—C. P. Gaither. P.oston. Ma-s

N. Y. Pass. Agt.— Jas. E. Prindle, New York, N. Y.

W. Paw. Agt.— Warren L. Rohr. Louisville. Ky.

Trav. Pass •iafs * J' H- ^l('r()nn:i('k- Boston, Mas».
I Allen Hull, Roanoke, Va.

( C. M. Futterer, Hageretown, Md.
Pass. Agts.< R. W. Courtney, Richmond, Va,

( E. J. Lockwood. Washington, D. C.
Pass. & Tkt. Agt.—M. F. Brags. Norfolk, Va.
Coni'l Agt. — J. L. Beck, Lyiicnbuig, Va.
N. E. Fgt. Agt.—C. P. Gaither, Boston, Mass
N. Y. Fgt. Agt.— Jed B. Henry. New York, N. Y.
Gen. Jr. Fgt. Agt. —A.. Broaddus, Louisville, Ky.

f *nt* r <? r> JH.E. Whittaker, Philadelphia. Pa.

t. Agt.. G. S. D. JD; w M(,ad Hamburg, Pa.

628 Northern Central Ky. r^/,

Trav. Agt. G. S. D.— J. H. McCormack, Boston. Mass.
Fgt. Agts. V. T. \ Kennon Jones, Baltimore. Md.
& G. Air Line f A. W. Kilgore, Philadelphia, Pa.

(M. P. Williams, Norfolk, Va.
Soliciting Agts. ]F. L. Ward, Richmond, Va.

(Thos. G. McClelland, Memphis, Tenn

fe' V' T' \ C> Al Cowles> Chattanooga, Tenn

{J. R. Ruffin, Roanoke. Va.
C. N. Winner, Roanoke, Va.
Com' I Agt.— Jas. L. Beck, Lynchburg, Va.

626 Northeastern RR. of South Carolina.

(See Atlantic Coast Line.)

627 Northern Adirondack RR.

. Md.
I J.' M. Coale, Baltimore, Md.

-• .Mm S. Funk, Marysvillc. I'M

f James strode. Elmira, N. Y.

RELIEF DEPARTMENT.

Si/pf.—J. A. Anderson, Trenton. N. J.
Asst.. *'(pf.— Holmes D. Ely, Trenton. N. J.

FREIGHT DKPARTMKVT.

Gen. Fgi. Agt.—Wm. H. Joyce. Philadelphia Pa
Asit. Gen. Fgt. Agf.—G. A. Chipley, Philadelphia, Pa
Special Fgt. Afft.—W. C. Ward. Philadelphia, I'a.
Coal Freight At/i-nt J. G. Searles. Philadelphia, Pa.
Chf. Ilatc Ct«r1c-W.MC. Strong. Philadelphia, Pa.
Freight Claim Agent— Y. I). Ilowell. Philadelphia, Pa.
Trav. Claim Agt.— F. A. Auten. Philadelphia. Pa.

fiiwr Ctfrim Anfv J chap- D- Gauntt. Philadelphia, Pa.
bpec. Claim Agts. j T Da]]a8 Wilki]ls rhjla./Pa-

: ' John Hurd' Santa Clara' N- Y

Vice- President— Edwin Packard, Santa Clara, N. Y.

Secretary— Crowell Hadden. Jr., Santa Clara, N. Y.

Treasurer—to. C. Squires, Santa Clara, N. Y.

Gen. Auditor— M. A. Chambers', Santa Clara, N. Y.

Gen. Car Agent— S. A. Day, Santa Clara, N. Y.

Chief Engineer— H. S. Meekham, St. Re^is Falls, N. Y,

Master Mechanic— R. Lalime, Santa Clara, N. Y.

Road Master— M. Keefe, Santa Clara, N. Y.

Sup. Bdgs.& Bldg*.— M. G. Deshaw, Santa Clara, N. Y.

628 Northern Central Ry.

President- George B. Roberta, Philadelphia, Pa.

Vice- President— Frank Thomson, Philadelphia, Pa.
Secretary— Stephen W. White, Philadelphia, Pa.

Treasurer — John S. Leib, Baltimore, Md.

Cashier— A. W. Hendrix, Baltimore, Md.
Auditor— James P. Kerr, Baltimore, Md.
Asst. Aud.—Jno. S. Ruth, Baltimore, Md.

TRANSPORTATION DEPARTMENT.

Gen. Manager— Charles E. Pngh, Philadelphia, Pa.

Gen. Supt.— Robert Neilson, Williamsporf, Pa.

G. S. Jlot.Pwr.—Theo. N. Ely, Altoona, Pa.

Insp. of Materials— W . H. Hippie, Philadelphia, Pa.
h. Eng.— Axel S. Vogt, Altoona. Pa,
i. Mtch. Eng. — Jno. I). Bowman, Altoona, Pa.
ittixf—C. B. Dudley, Altoona, Pa.

Asst. Chemist— ¥. N. Pease, Altoona, Pa.

Chf. Insr>. Air Brakes— 3. F. Elder, Philadelphia, Pa.

Clear. Ho. Clk. Pull. Cars-Jno. F. Glosser, Phila., Pa.

Scale Insp.— Henry York, Harrisburg, Pa.

G. S. Transp.—S. M. Prevost, Philadelphia, Pa.

(,(•11. Agt. — Geo. C. Wilkins, Baltimore, Md.

Chief E/igmeer-W\}]\am II. Brown. Philadelphia, Pa,

A«.ti. Chief Enq.—3. T. Richards. Philadelphia. Pa.

Wng. M. of Wdy-l,. H. Barker, Williamsport, Pa,

.4 xxi'. Eng. M. of W.— W. A. Maccart, Williamsport, Pa.

A«*f. Supervisor — Allan Neilson. Williamsport, I'a.

Eng. of Signals— Geo. D. Fowle, Philadelphia, I'a.

G. 'Su. Mot. Pon-f-r— Edw. D. Nelson, Williamsport, Pa.

Parch. Agent— Enoch Lewis, Philadelphia, Pa.

.-Ixx,'. Pnrch. Agf.—A.. W. Sumner, Philadelphia, Pa.

Dir Fnt Ant* * J- B- Thayer, Jr., Baltimore. Md.
' "i Win. E. Fraser. Williamsport, Pa.

PASSENGER DEPARTMENT.

Gen. Pass. Agt.— Jam?* R. Wood, Philadelphia, Pa.
Asst. Gen. P.' A.— Geo. W. Boyd. Philadelphia, Pa.
Gen. Bag. Agt.—Y. J. McWade. Philadelphia. Pa.
Advertising Agt.—'F. N. Barksdale, Philadelphia. Pa.
Chf. Rate & Div. Clk.—M. Y. Gilroy, Philadelphia, Pa.
Dif. Tkt. Agt., Ball. Dir.—K. S. Young, Baltimore. Md.

Dl& Ek& ^Div ' S '} E> S> IIarrar' Williamsport, Pa.

ACCOUNTING DEPARTMENT.
Auditor— James P. Kerr, Baltimore, Md.
Asst. Auditor— Jno. S. Ruth, Baltimore, Md.

LEGAL DEPARTMENT.

Gen. Solicitor— John Scott, Philadelphia, Pa.
Asst. Gen. Sol.— James A. Logan, Philadelphia, Pa,

REAL ESTATE DEPARTMBNT.
Agent— John C. Wilson. Philadelphia, Pa,
Chf. Conveyancer— G. W. I. Ball, Philadelphia, Pa,

INSURANCE DEPARTMENT.
Agent— Ruga. B. Ely, Philadelphia, Pa.

'S. — R. H. Newbern and Justin Peters, Phila., Pa.

DIVISION OFFICERS.
Division Suptrin fen ilf.n fs .
Baltimore Division— H. W. Kapp, Baltimore. Md.
S-usquehanna Dtrlnon—E. B.Westfall, Williamsport, Pa.
Shamokin Division— G. W. Creighton, Sunbury, Pa.

" j- Spencer Meade, Elmira, N. Y.

Dirixion Engineers.
Baltimore Division— C. A. Preston, Baltimore, Md.
Swquehan. 7)iv.—F.P. Abercrombie, Williamsport. Pa.
Shamokin Division— H. P. Lincoln, Sunbury, Pa.

TSWSaBFf* H- Nich<)la8- Elmira' * Y-

Division Train .^fnsf>'rx.

Baltimore Division— Chas. H. Bonde, Baltimore, Md.
Win. Brumble, Baltimore. Md.
J. D. Miller. York. Pa.
Susquehanna Dirixiott — David Attick, Sunbury. Pa.
\xHi«tunf— J. »1. Manrny. Millcrsbiuxr. Pa.

Division— tf. H. Swenk, Sunlmry. Pa.
E'miraaiifl Canan- I ™ w -p., ,, pim: >* v
daigua Division ( F" L- Flt( h' Elmna- ^ Y;

Division Mitft/i-r Carjx nt< r*.
I)trix',on — John Minsker. York. Pa.
IKI l)irix'um, — II. T. Brooks. Williamsport. I'a.

If you want information about new or projected railroads, consult the General Index
and Table of Contents. Special information not contained in this book will be furnished
at a nominal charge by Poor's Information and Investigation Bureau, 70 WaU St., New
York.

108

XOR-X<>K.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

648-629

628 Northern Central

. — f,,,,f)>ntfil.

-Gi-o. KarrlnT. Sunhury. Pa.

-«""'."' ""."' Seymour Smhh. Ehnira, X. Y.

•,"'<! Divisu

Ihr,-

/>;/•.. x./i//-. »/•/. y/,///.- K. P.. Ashhy. Halt.. M<1.
. \ .! \ Kwin". Baltimore. Md.
'"'/'•U. Griffith. Baltimore. Md.
. 1 -P. W. Fire. 1'arkton. Md.

II. K I':i--moiv. York. Pa.
^•/fif. \'<>. 2 -K. P>. Wiseman. York. I'a.
Sutquehanna l)in*inn S. N. (layman. Siinbury, Pa.

^•i/i,:—3. S. Bopkineon. Millereburg, I'a.
tiHin: S'in.iHil Ji-h. in:.— J. Towntend, Lykms. Pa.
tin I_)iri*inn—Y. Corcoran. Shamokm, I'a.

V 7'; ''••'. I. Bonran. Klmira. N. Y.
*>ipr. hi UK

W. Jl. Welch. Cauaiulaigua. N. Y.

<»^<> Northern Pacific RR.

UKNERAL OFFIl BBS.

• ' Henry Villard, 35 Wall St.,

We Board \ X. w York. X. \ .

Provident— T. F. Oakes. 35 Wall St.. New York, X. Y.

Jan^BTlm!am8'85^Si(rSYork,N.Y.

2-^ r?<v-P/v.>vVtW— C. H. Prescott. Tacoma. Wash.
Tr.'iwr — i4t-o. S. Baxter. 35 Wall St..Xevv York. N.Y.

•,/7-y_Geo. H. Earl. 35 Wail St.. New York. X.Y.
-l.v.vc'. tn Prwident—V. C. Thrall. St. Paul. Minn.
Manager— W. s. Mellen. Sr. Paul. Minn.

Jus. MrXauirlit. Xew York. X. Y.
r—J. A. Barker. Xew York, X. Y.
Man.— 3. M. Hannalorcl. St. Paul. Minn.
hn C. Bullitt. Jr.. St. Paul. Minu.
W— T. H. Selmes. St. Paul. Minn.
t. y/v#x>/w-C. A. Clark, St. Paul. Minn.

' d ''" "'

- Sr' Paul- Miim'

OPERATING DEPARTMENT.
._M. C. Kimberly. St. Paul. Minn.
tfngS™ (G- ^ D^insou, Tacoma, Wa.h.
Trantp.— T. J. Delamere, St. Paul. Minn.

/1. car Builder— John C. Barber, St. Paul. Minn.
. of Trfcgraph—O. C. Greene, St. Paul, Minu.

''/J?y/. £". tt H". J/
Die*. <k -V. P.

. tl-.fi

n*. ;
. /f. XF.
)

Greene, Staples, Minn.

Bn:ti,<:ti

sst.Supt. E. Minn. > A. J. Sovereign. West Superior,
,1: H7.v. Jtlr. \ Wis.

. Ma/'. J)ii-.—G. W. Yarderslice. Winnipeg, Man.
JLs-.^. -5'/^//. .)/«// . / D. C. Horn, Ea^t Grand Forks,

Dii -. \ Minn.

X'ijtt. i>nk. Dir. tt- /?/•.— A.J.McCabe, Jamestown, X. D.
,-l.y.*/. >-/y>/. ^/A". Di>:.— W. S. Becker. Jamestown. X. D.

J~\ •-,/i/^yj/"- |-T. C. Comstock, Fargo. Xo. Dak.

&upt. Missouri Div.— 3. E. Phelan, Dickinson, Xo. Dak.
iS'/y//. Yrtluirxtoitr Dir. — John Dorsey, Glendive, Mont.
»>''//>/. .}[nntana Die. — J. Finn. Livingston, Mont.

'

tivii) Northern Pacific RR.— Com',

TRAFFIC DEPARTMENT.
. .-I/-//.- S. L. Moore, St. Paul, Minn.

S. G. Fulion. Portland. Ore.

-.>«/ Asii.Gtn. Frt.Agt.- J. B. Baii-d, St. Paul, Minn.
Div. l-'i '. Aft. H. K. sr'l'', St. Paul. Minn
/•',/. r/ - !•'. FarriiiL'toii. s;. Paul, 'Minn.

• .1. — (.'has. S. Fee. St. Paul, Minn.
.!,>'. Gen. Tick'-t Agt.— A. L. ('raii;, sr. Paul. Minn.

ml, Minn.

AMI. 'r^. rau.Agu. -t A ,, riiarit<Mii i>()rriand.Ore.
>/////. //;/,<V/ r///v--F. J. Tourit-Iot. sr. Paul, Minn.
G^n. /*«#. Agt,—W. H. Lowe. St. Paul, Minn.

LAND DEPARTMENT.

Zanrf Comm'r—C. B. Lambon:, St. Paul, Minn.
!.«/•. LI., .-I <;,,„,,.•,-(,. W. Board. St. Paul. Minn.
,, , - G.W. Board, St. Paul. Minn,

re/*. /,«//<? -iyr.>. (- pau) Schulze, Tacoma, Wash.

i-jni'iriitioi) Aft.— P. B. Gro.-it. St. Paul, Minn.
Lund AUy.—Jf. M. Dudley, St. Paul. Minn.

CONSTRUCTION DEPARTMENT.
ChiefE-noiiw—3. W. Kendrick. St. Paul. Minn.
(S. 1). Mason. St. Paul. Minn.
'».*/. En'1. \W. L. Darling. Helena. Mont.

( E. H. McIIenry. Tacoma, Wash.

AUDITING DEPARTSIENT.

Asst.Gen. Auditor— M. P. Martin. Chicago, 111.
,1 uditor of Ditburtements — A. s. Morton. Chicago. 111.

f Traffic RfCtipt#—E. H. C. Taylor. St. Paul. Minn.
And. .V. P. Accis.—C. C. Cummiskey. St. Paul. Minn.

CLAIM DEPARTMENT.

; Gen. Claim Agent— D. K. Ford. St. Paul. Minn,
^l&tf. Gen. Claim Agent— E. E. Fields, St. Paul, Minn.

GENERAL AND SPECIAL AGENTS.
Gen. Ea*t. > Geo. R. Fitch, 319 Broadway. Xew Y'ork.

Afjt. \ X. Y.
Ea#t. Pa**, i C. B. Kinnan, 319 Broadway. Xew Y'ork,

Agt. )" X. Y.
Xtu; Eng. i J. L. Harris, 306 Washington St., Boston,

Aft. " *~ 31 a>*.
Gen.Agt.Fgt.Dept.—Q. P. Gothlin. 132 Vine St.. Cin.. O.

f v n / > T. K. stateler. 63< Market St..
Gen. Agt. Pa*s. Deltt. - ^an Francisco. Cal .

Gen. (_ A. Roedelheimer, cor. High aud Chestnut Sts..
Aft. \ Columbus, O.

^; '- E. R. Wad.sworth, 210 So. Clark St., Chicago, 111

L'i'fy Pa.™, i G. W. R. Goodno. 210 So. Clark St., Chi

Aft. \ cago. 111.
Qontracting > L. X. Sawyer, 210 So. Clark St.. Chicago.

Agt. \ 111.

r - f \ H. Swinford. Depot Building, Water Street,
rtn. ~±gi. -( Winnipeg. Man.

, . j A. D. Edgar, cor. Main and Grand
Gtn. Agt. - Helemu Mont.

. , < W.M.Tuohv.23East B'wav.ButteCitv.Mout.
'" *'*&*' ; R. A. Eva. Dulurh. Mimu
Gen. Agent— J. J. Boyd, Wallace. Idaho.
( "- . Ft. Agt.—Vf. E. Belcher, 79 Y'ork St.. Toronto. Out.
G. G. Chandler, 621 Pacific Ave.. Tacoma. Wash.
Agt*. \l. A. Xadeau, Seattle. Wash.
Trai: Pa**. \ ^- ^ >f.._, Tacoma,

f w~t nn/ JE.H. Forester, 638 Market St., San
Gen . Agt. Fgt. Dpt. -j Francisco< Cal .

^ / cw-~^ » F- M. Fairbanks. 19 Xicollet Block,
Fgt. So&cUor - Minneap0]i:,. Minil.

C n'l i J- S- McFarland, 94 Fourth Ave., Pittsburgh,

Agte.^ c B/Sexton. 104 Xo. Fourth St., St Louis. Mo.
Trur. Fgt. i Fred. C. Salter. 44 Exchange St., Buffalo.
Agent \ X. Y.

DISTRICT PASSENGER AND LAND AGENTS.

C. E. Bray, 306 Washington St., Boston, Mass.

J. H. Rogers. Jr., 4? So. Third St.. Philadelphia, Pa.

L. L. BilUucslea, 47 So. Third St., Philadelphia, Pa.

j, Idaho. •

• Dinrion—C. S. Prowell. Ellensburs.Wash. Geol'D.'TefTen^'Exchanj/e StT^BnffaioTx^ Y
Supt. Pat-lfi'- Iftri*itm.—Jo<. McCabe. Tacoma, Wash. W. F. Shenvin. Ehnira, X. Y.

it. Pacific Div.—W. H. Brimson, Tacoma, Wash.
Tax Com.—G.S. Fernald. St. Paul, Minn.

Thos. Henry. 128 St. James St.. Montreal. Que.
Thos. Ridgedale, 79 York St., Toronto, Ont.

109

NoR-Om.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

629 -63 T

629 Northern Pacific RR. — Continued.

A. A. Jack, 153 Jefferson Avc., Detroit, Mich.

D. W. Janowitz, Jackson Place. Indianapolis, Ind.

T. L. Shorten, 104 No. Fourth St.. St. Louis. Mo.

C. G. Lemmon, Grand Central Station, Chicago, 111.

T. D. Campbell, 144 Superior St., Cleveland. <).

J. N. Robinson, 397 Broadway. Milwaukee. Wis.

O. Vanderbilt, 403 Locust St.. Des Monies, la.

W. H. Whitaker. St. Paul, Minn.

T. S. Patty, Chattanooga, Term.

F. O'Neill, 121 First St., Portland, Ore.

J. J. Ferry, 132 Vine St., Cincinnati, O.

Northern Pacific Express Co.
President— -T. F. Oakes. New York, N. Y.
Vice Pra.- James B. Williams. New York. N. Y.
Secretary— Geo. H. Earl, Ne\v York, N. Y.
Gen. Manager— H. H. Browning, Chicago. 111.
H'tjtf. Jr. Jiir.— M. G. Hall, Portland, Ore.
Auditor— J. A. Barker, New York, N. Y.
Ass't Auditor— E. K. Punnett, Chicago, 111.

St. Paul and N. P. Ry. Co.
Comptroller— 3 '. H. Randall, St. Paul, Minn.
L:ind Com.— A.. G. Postlethwaite, St. Paul, Minn.

630 North Pacific Coast RR.

President— William Steel, San Francisco. Cal. \
V-Pres. <(• Gen. Man.— Win. Graves, San Francisco. Cal.
Treas. — London & San Fran. Bank, San Francisco, Cal.
Sec. G. P. <& T. A.-^F. B. Latham, San Francisco, Cal.
Gen. Sitpt.—E. H. Shoemaker, Sausalito. Cal.
Gen. Fgt. Agt.—W. F. Russell. San Francisco, Cal.
Foreman of Shops— W. J. Thomas, Sausalito, Cal.
Foretn. Car Repairs— H. Barth, Sausalito, Cal.
Road Master & I ™ ^T TXTOHO,. <^<in T?siftif»i r^i
Supt. bridges f F> M- Walte1' San Rdfae1' Cal-

„ 631 Nova Scotia Central Ry.

Gen. Man.— Geo. W. Bedford. Bridgewater, N. S.
Supt. <(•, Traffic Man.—R. H. Fraser, Bridgewater, N. S.
Gen. P. A.& Awl.— R. M. J. McGill. Bridgewater, N. S.
Chief Engineer— C. O. Foss, Bridgewater, N. S.
Mech. S'.ipt.—A.. Wilson, Bridgewater, N. S.

632 Ogden and Hot Springs RR.

President— W. A. Paxton, Omaha, Neb.

V. - President— k. B. Patton, Salt Lake. rtah.

Treasurer — James Pingree, Ogden, Utah.
Secretary— O. H. King, Ogden, Utah.

633 Ohio and Big Sandy RR.

President — M. E. Ingalls, Cincinnati, O.

Treasurer— -T '. O. Barbour, Richmond, Va.

Secretary— J. C. Davie, Cincinnati, O.

Auditor — L. F. Sullivan, Richmond, Va.

Gen. Fgt. & Pass. Agt.—G. L. Brown, Lexington, Ky.

Supt.& Chief Engineer — Geo. W. Lewis, Lexington, Ky.

Train Master— C. S. Welton. Ashland, Ky.

Master Mechanic— W. R. Morris, Ashland, Ky.

Car Acct.— G. S. Sipp, Richmond, Va.

Gen. Agt.—G. W. Barney, Lexington, Ky.

Trar. Fgt. & Pass. Agt.—W. S. Harrison, Ashland, Ky.

634 Ohio and Mississippi Ry.

Pres. & Gen. Manager— John F. Barnard, Cincinnati, O.

Secretary & Auditor—JQ&vr. P. Cutter. Cincinnati, O.

Treasurer— Robert Reid, Cincinnati, o.

Gen. Ctow/M.— Ramsey,Maxwell & Ramsey. Cincinnati, O.

/Superintendent — C. C. F. Bent, Cincinnati. O.

Gen. Passenger Agent— W. B. Shattuc. Cincinnati, O.

Gen. Freight Agent — William Duncan, St. Louis, Mo.

Acting Purchasing Agent — John Wells, Cincinnati, O.

Paymaster — F. L. Jackson, Cincinnati, O.

Gen. Baggage Agent — W. I. Robinson, Cincinnati, O.

634 Ohio and Mississippi Ry.— Continued.

Claim Agent— A. B. Barnard, Cincinnati, O.

Gen. Forem. Bridges & Bldngs.—H. M. Hall, Olney,Ill.
Supt. Telegraph— 'A.. Hayward. Cincinnati, O.
Gen. For.Mach. Shop—G. W. Walkup, Washington, Ind.
Gen. Foreman Car Shop—F. A. Slater. Washington. Ind.
Act. Mast. Of Rotting Stk.—J. M. Sheer, Washington, Ind.
Gen. Foreman Track— H. D. Hanover, Aurora, Ind.
Car Accountant — F. D. Farrington, Cincinnati, O.

Springfield Division.

Asst. Superintendent— G. M. Stanton, Springfield, 111.
Div. Freight Agent— W. Hodgdon, Springfield, 111.
Gen. Foreman Maintenance Wai/ — B. F. Bond, Flora. 111.
Gen. Foreman Rolling Stock— J. W. Stokes, Par.a, 111.
E. Pass. Agt:—H. A.' Wells, New York, N. Y.
S. Pass. Agt.—li. S. Brown, Louisville, Ky.
Gen. W. Pass. Agt.— A. J. Lytle, St. Louis, Mo.
W. Pass. Agt.— A. C. Goodrich, Kansas City, Mo.
S. W. Pass. Agt.-n. C. Archer. Dallas, Tex.
Col.dk Pac. Coast P.t**. .If//, s. M. Shattuc, Denver, Col
Pfixs. Agf.—G. E. Fearl, St. -Joseph, Mo.
Dist. Pass. Agt.—G. G. Jones, Vincennes, Ind.

635 Oliio River KR.

. E.c. Com. — Hon. J.N.( 'anulen, Parkersb..W.Va.

— G. W. Thompson, Parkersburg, W.Va.
Secretary — W. N. Cnancellor, Parkersburg, W. Va.
Treasurer — W. M. Trevor, Parkersburg, W.Va.
Auditor— E. W. Warnick, Pittsburgh, Pa.
Gen.. Man. — G. Clinton Gardner. Parkersbnrg, W. Va
Awl. Supt.—G. L. Williams, Parkersburg, W. \ a.

^Tli /*/ ^-W. J. Robinson, Parkersbnrg, W. Va.
Road' Master— C. C. Bryan, Parkersbnrg, W.Va.
Master Mechanic -J. B. Dorsey, Parkersburg, W. Va.
Supt. Bridges— J. F. Mock, Parkersburg, W.Va.
Car Accountant— W . A. Colder, Parkersburg, W.Va.
South. Pass. Agt.—W. H. Osborn. Pomeroy, O.
Com' I Agt.— I. D. Lippincott, Pittsburg, Pa.

636 Ohio Southern RR.

Pres. (&, Gen. Man.— Geo. W. Saul, Springfield, O.

Vice-Pres.— J. Lee Humfreville, New York, N. Y.

Secretary— G. S. Snyder, New York, N .Y.

Gen. Fgt. it Pass. Agt.—D. H. Roche. Springfield, O.

Gen. Sit.pt.— W. H. Van Tassel. Springfield, O.

Cash.& Pur. Agt.— Thou. A. Rittenhouse. Springfield, O.

Master Mechanic— A.. E. Tremp, Springfield, O.

Mast. Car Rep.—W. Madison, Springfield, O.

t.'-n. Agent— P. J. Murphy, Jackson, O.

Gen. Solicitor — C. W. Fairbanks, Indianapolis, Ind.

Auditor— A. J. Joyce, Springfield, O.

Car Accountant — E. H. Gambold, Indianapolis. Ind.

Road Matter — Jno. Didcock, Springfield, O.

Supt. Bridges— J. T. Young, Springfield, O.

637 Ohio Valley Ry.

Pres. & Gen. Man.— P. G. Kelsey, Evansville, Ind.
Vice- President— S. S. Brown, Pittsburgh, Pa.
Sec. & Treas.— Jordan Giles, Evansville, Ind.
Gen. Supt. — Jas. Montgomery, Evansville, Ind.
Auditor— J. W. Terry, Evansville, Ind.
Cashier— 3. B. Weaver, Louisville. Ky.
Stipt. of Bridges— Win. Halpin. De Koven, Ky.
ii<-y\<i'-nf En(/'/'i<i /•— C. W. Boyden, Evansville, Ind.
Supt. of Tel.db Car Acct.— D. Sizeraore, Evansville. Ind.
Gen. Attori'u-i/— Arthur Cary. Louisville. Ky.
Atfy <(• ("m'Agt.—D. H. Hughes. ,Jr.. Evansville. [nd.
Gen. Fgt. & Pass. Agt.—G. A. Smith. Evansville, Ind.
T ' , . * Cont. Xat, Bank. Evansville, Ind.
irons. Ageww-\ R K_ loi(.mi,,,r. Evansville. Ind.
Mast. Mrf/tft/'ir—W. >] . Torrenee. I)(^ Koven, Kv.
Mitxt. Gar Builder- Win. M.-ilpin. DC Koven, Ky.
l'i/rc/i. Agi-ni — R. E. Fleming, E\ansville, Ind.
Road Supervisor— 5 . M. Speer. Princeton, Ky.

The record of a railroad as a " dividend-payer " is usually the best criterion of the
value of its securities. Consult Poor's Hand-Book of Investment Securities for such
information. Special reports furnished by Poor's Information and Investigation Bureau.
70 Wall St., New York.

110

OIL-PAC.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

638-649

638 Oil City and Kidgeway Ry.& Mining Co.

/'/> .,-;,/, ,,t Samuel G. De Coursey, Philadelphia, Pa.
. - J. R. Trimble. Philadelphia; Pa.
/•— C. D. R. Stowitz. Buffalo. X. Y.

039 Old Colony RR.

,/— Charles F. Choate, Boston. Ma-s.
nv<- -/'/>•.«.•;• A •// F. L. Ames. Boston, Mass.
r - J. M. Waahburn, Boston. Mass.
cf, i 'k Edward G. Parker, Boston. Ma>s.

]f<inttr/rt—3. R. Kendrick, Boston. Ma-s.
IT. P. <(• T. A.~ Geo. L. Connor, Boston. Mass.
ffen F<it. A</( — S. C. Putnam, Boston. Ma>-.

BOff. <{•' EX. Af/t.—E. F. Wetherell. Boston. M:>s.

,/. Jfir.—E. G. Allen. Boston. Ma--.
x»pf. Prov. />'"•• I. X'. Marshall, Boston. Mass.
s>n,t. ('<//,<• c»:l l)\r.—3. H. French, Hyannis. Mass.
*>/pt. yo. l)ii\—G. A. McAlpine. So. Frainin.irhatn.Mas-.
I'/inf K/"it/"-?r — George S. Morrill. Boston. Ma--.
p.ir'i-li Agent— H. W. Husted. Boston. Mass.
ffen. Train Master- J. C. Sanborn. Boston. Ma-s.

!>nt. .S'/V-A-— J. N. Lander, Boston. Mass.
-)/a;1/r 7-''/^> } Samuel P. Willis. Boston. Mass.
.17. M.'pror. ['tir.— F. M. Twombly. Roxbury, Mass.
.17. .17. Xor. Uii'.—A.*W. Twombly, Taunton. Mas-.

Foremen l.n<><>,,,nHrr Repairs— Charles S. Mills. Boston.
Mass. : J. Munsell. Taunton. Mass.

Fort//"/' i '<//• Repairs— Wm.. G. Ames, Boston. Ma--. :
Grafton Upton. Boston. Mass. : Chas. Bannister, Bos-
ton, Mass. ; L. L. Danforth, Taunton. Ma-s.

Foin/i>/< Car Painti-r*- Samuel Brown. Boston.
Mass. : C. M. Lantr. Taunton. Ma-s.
Car Accountant— 0. F. Currier, Boston. Mass.

64O Omalia and St. T.otii* Ry.

Pr*-xidei>f—3i\.me$ H. Smith. New York. N. Y.
V.-P/-t*Mtnt— Henry W. Eaton. New York. X. Y.
<*'• ". Manaf/t:)- — F. M. Gault. Council Bluffs. la. |

x-.:r>t<.iry— Edward W. Sheldon, Xew York, X. Y.
Trmxiirtr — Henry W. Eaton. Xew York. X. Y.

Supt. — A. E. Buchanan Stanberry. Mo.
Aud. c(- OasMer—W. L. Bedison, Council Bluffs. la.
Gf/>. Attorney— Theo. Sheldon, Chicairo, 111.
txpt. 3fof. Powtr—3. D. Hunter, Stanherry, Mo.
" Agf.— G. M. Entrikin, Omaha, Neb.

643 Oregon & Washington RR.— Contin""l.

Ti> OSUTt r c. Herman. Walla Walla, Wash.

y- C. H Carter. Pendleton, Ore.
A'-tinff Supt.—C. W. Taylor, Hunts Jet. Wash.

^OSS Afft !" W- F- W!U11>le-v- Wallil Walla. Wash.
A>/iiifur— Rowland Smith, Walla Walla, Wash.
Chitf Engineer c. K. Sear-. Walla Walla, Wash.
Matt. M •<•/(.— William Saxton, Hunts June., Wash.
>"///. Brf/«. <b R(>ad \ J. AF. Campbell, Walla Walla.
Mn*frr ' \\'a-h.

644 Oregon Pacific RR.

641 Orange Bolt K y.

President— E. T. Stotesbury. Philadelphia. Pa.
V.-Pt'tx.d- G*n. Jfon.— Wnfiain Macle«»cl. Oakland. Fla.
Gen. Cmmgel—T. E. Wilson. Sylvan Lake. P'la.
Xt/jur/'i/itendent — A. J. Grant, Oakland. Fla.
Af9t. Sxpt.—H. S. Ming. Oakland. Fla.
See. c(- 7V^/.v.— Geo. A.'Hill, Oakland, Fla.
Gen . And. <{• G. F. d- P. A.— 3. W. Taylor, Oakland, Fla.
Ti-ur. A tii/.— L. A. Fitch, Oakland. Fla.
A. G. P. 4.— Charles Davies, Oakland. Fla.
V(/.--f. Mech.—J. F. Sheahan, Oakland, Fla.
Chief Engineer— A.. L. Hunt. Oakland. Fla.
Car Accountant— 3. Patten. Tarpon Springs, Fla.
Loud Ct>nttii't**i'nitr—'L. Y. Jenness, St. Petersburg, Fla-

t>l-> Orchard Beach RR.

t — Frank Jones. Boston. Mass.
r — Amos Blanchard. Boston, Mass.
. L. Williams. Portland. Me.
—W. J. Hobbs. Boston. Mass.
8uperintendentr—Wm, Merritt. Boston. Ma«.
Chi-f Enr/'uittr— H. Bissell, Boston. Ma<s.
Gen. P. ({• T. A.— D. J. Flanders. Boston. Mass.
Purch. Af/enf — J. A. t'arrington, Boston,

643 Oregou and \Vashiugton RR.

•— W. D. Tvler. Walla Walla. Wash.
Pteg.—Q. w. Hunt. Walla Walla. Wash.

genton Hogg. Corvallis, Ore.
I*/1 T'^-f- /'/»•. d- Mm..- William M. Hoag, Corvallis. Ore.
2d Vlce-Pres.—'Witita Nash. Corvallis. Ore.
3d V.-Prt*.. Treaa. ' Norman S. Bentley, New York.

efe As$t. Sec. t" N. Y.

Treasurer— Zephfa Job. Corvallis, Ore.

''l/'v«" ' -if/f GHl' F('f' tfc j- C. C. Hogue, Corvallis. Ore.

A'tn W/,'!' <( ****' !"E- W- Hadley- Corvallis, Ore.

Ma ft. Mt<:h.—3. Hulme. Yaquina, Ore.

n-tn<-- Kiitiin^r— J. M. Stewart, Corvallis, Ore.

lin'Kl Master -C. Sullivan. Corvallis. Ore.

Supt. Br'nl (i^ <(• Bldngs.—D. M. Large, Corvallis, Ore.

Car Acct.—E. W. Wilkinson, Corvallit, Ore.

Gfn. Bar, Ar/t.—C. T. Wardlaw, Corvallis, Ore.

Actiny Train Mast.—C. Clark, Corvallis, Ore.

645 Ottawa and Gatineau Valley RR.

President— H. J. Beemer, Montreal. P. Q.
Vice-President— GbM. H. Mackintosh. Ottawa. Ont.
Sec. <(• T, t'l*.. !>r» fein.—li. L. Maltby. Montreal, P. Q.

^'ipt. Traf.—.J. T. Prince, Ottawa, Ont.

Jlm/gineer — W. D. Harris, Ottawa. Ont.

646 Owasco River Ry.

• f — Thomas M. Osborne. Auburn. N. Y.
Sec. ct- Trrf.is.— John H. Osborne, Auburn, N. Y.

647 Owensboro, Falls of Rough & Green
River RR.

' — M. V. Monarch. Owensboro. Ky.
Vice-Pi^, (t- G,-,,. Ma/t.—'M. B. Mann. Owensboro. Ky,
Sn-frtunj — S. M. Dean. Owensboro. Ky.
Treasurer— L&wsoa Reno, Owensboro" Ky.

A"G€I. ' T AFt' f !'C' M- ^riesmer. Owensboro. Ky.

648 Pacific and Great Eastern Ry.

Preaident—B. R. Davidson, Fayetteville, Ark.
Vice-President— DviiA Dean. Ashland. Neb.
/•'•/•— H.H. Dorsey. Wahoo, Xeb.
n-y— P. F. Davidson, Fayetteville, Ark.

'"d-'p^'r'"^^' !'Geo- S- Albri^ht- Fayetteville. Ark.
Gtn. TM.'Afft.-S. K. Albright. Fayetteville. Ark.
rintendent—John H. Harris. Fayetteville, Ark.

c

-' Walla Walla-

649 Pacific Coast Ry.

President— Geo. C. Perkins. San Francisco, Cal.
Vice-Pregident—Jolin L. Howard. San Francisco. Cal.
Secretary— EAvrin Goodall, San Francisco, Cal.
TrmxHftr — Oregon Improvement Co.. San Fran.. Cal.
x>ij)f..Gc/i. Fyt., d- ' C. O. Johnson. San Lnis Obispo.

Tkt Af/t. \ Cal.

Accountant— F. C'. Cherry. San Luis Obispo, Cal.
Gfen. A fits.— Goodall, Perkins &Co.. San Francisco. Cal.
/". Mach. c(- Car Itep.— Jos. Lird. San Luis Obispo. Cal.
Road Master— A. McCurdy. San Luis Obispo, Cal.

PETTIBONE, MULLIKEN & CO., Chicago, 111.

Switch Stands, Head Chairs, Jenne Track Jacks.

Ill

312

8HOENBERGER & CO., Pittsburgh, Pa.
LOCOMOTIVE \SiemBns-IYIartinOpen Hearth \ SOFTNESS,

DURABILITY,
DUCTILITY

AND

SMOKE STACK

FIRE BOX

STEELS.

Quality Unsurpassed.

Plates up to 100 inches in width.
All Flange perfectly. Any tensile
strength required.

PLATES.

AND
PURITY.

The American Washer & Manufacturing Co.,

13 and 15 RAILROAD PLACE, NEWARK, N. J.

2, L. L. STTJRGES,

Secretary and Treasurer

The American "Harvey Ribbed" Nut Lock.

EDWIN W. HINE,

President.

II. A. HARVEY,

Vice-President.

A Resilient*

Spiral
Spring

Washer
with
Ratchet-
Shaped
Teeth.

This is a positive lock, with spring1 temper, and will not cut thread of nut or bolt. Corres-
pondence and orders solicited. Samples furnished free on application and sent
to any address.

Established 1802.

WM. B. SCAIFE & SONS,

V

DESIGN, MANUFACTURE AND ERECT, IN ANY PART OF THE U. S.,

JS.dr

STRUCTURAL IRON WORK.

IRON ROOFS, IRON BUILDINGS,

SCAIFE'S CORRUGATED IRON. SCAIFE'S CALC9UM LIGHT CYLINDERS.

Scaife's High Pressure Tanks for Air and Gases.

SOLE MANUFACTURERS CALDWELL SPIRAL CONVEYOR AND CONCRETE MIXER.

Scud for Blue Prints, Circulars, Price Lists and Estimates.

PAD-PEN.

POORS DIRECTORY OF RAILWAY OFFICIALS.

6.> o-o GO

<>-"iO Padiirali, Tennessee and Alabama UK .

T. H. Puryear. Padurah. Ky.

J. \V. Phillips. St. Louis, M«>.
A. I'. Lamb. Paris, Tenn.
•Fa-. \Y. Harrison. St. Louis. .Mo.

\V. Fristoe. Puxk-o. Mo.
Siijtt .— W. E. Dauchv. Paducah. Ky.

/••<//. <(• POW. .I'//. A. -I. Welch, Paducah, Ky.
An<IHi>r—\. K. Mevers. Paducali, Ky.
Chief E U. Olcott, Paducah. Ky.

<iol Palmetto UR.

.1. /V<x. <(• >'////. — William Moncuiv, Wilmington, N. C.
Vice-President P. \. Welford. Richmond, Va.
•I. II. Sharp. Wilmington, X. C.
Auditor 8. G. Godfrey, Chera-.v. S. c.

(>~>^ Panama RR.

' -John Newton, X"W York, X. Y.

idt-rt. Xew York. X. V.

Ti, fw. -Ernest L. Oppenheim, New York. X. Y.
5 pt.—A. L. Rives. Colon. Colombia. '
Ami. <(• Ca-^t.—L. X. Manahan. Colon, Colombia.

, Colon, Colombia.

i. Ag,nt—(.r. Reynaud. Xew York, X. Y.
f. M><-/,.-~ D. G. Mort. Colon. Colombia.
Lit. n d C»ni.-Y. E. Muller, Colon. Colombia.
/fluid Mutit<-r—,]. E. Beck, Colon. Colombia.
Commissary— J. S. Gilbert. Colon, Colombia.
in »/> (Ernesto leaza. Panama.
Agenu { j R Abello< Colon Colombia.

Gen. Conn - Co'Jde.rt Br()!f-- 68 William St.. Xew York.

653 Parageuld and Buffalo Island Ry.

X'ilh-ibitendent—3. B. Holman, Paragould, Ark.

634 Paris, Marshall and Sabiiie Pass Ry.

Xf -stiver <(• Gen. Mnn.—J. W. Harle. Marshall. Tex.
President— D. H. Scott. Paris. Tex.
Vice-President— BJebsiTd II. Allen. Memphis, Tenn.
Secretary—It. J. Baldwin. Paris, Tex.
Trea.<>irer—~E. J. Fry. Marshall. Tex.
— R. G. UMig, Marshall, Tex.

655 Pawnee RR.

Pre.^idi-nt—John White, Pawnee. 111.

n/>-/V«. — Hiram White, Pawnee, 111.

Trt'i*. <l- Gen. M'in.—R. R. Davis. Pawnee, 111.

Sec. d- Gen. Auditor— C;. E. Clayton. Pawnee 111

Gen. Fgt. Tkf d- BagAgt.—H. E. Farnam, Pawnee, 111.

Chf. Engineer— Janies E. Burtle. Pawnee, 111.

Gen. Attorney— Conkling & Groost, Pawnee, 111.

636 Pecos River RR.

(Officers same as those for Pecos Valley Ry.)

6-57 Pecos Valley Ry.

President— J. J. Hagennan. Colorado Springs, Col.
Vice-Pre*. & Treas. — H. P. Lillibridge, Colorado

Springs, Col.

Tt-f.tix. d- l^'r. A.— H. C. Lowe. Colorado Springs, Col.
Gen. MI.II>. <i- Pat*. & Ft. A.— Donald Allen, Eddv, X M
Axxt. G. Fgt. APass. Agt.—S. S. Satchwell, Eddy. X. M
Ai'di/or (t- Cashier— E. F. Draper. Eddy. X. M. "
Payitiatft-r—A.. G. Draper, Eddy. X. M."
tixpt.—W. H. Vaughan. Eddy. X. M
Ch. Eng.—JA. Harris. Eddy, N. M.
Road Master— H. M. Levision. Eddy, X M
Mast. Mac//.— Geo. F. Miller, Eddy, N. M.

G-VS Pennsnoro' and Harrisville, Ritchie
County Ry.

7V,. ,(• 7Vw^.-^TamesE. Tyler. Baltimore. Md.
Secretary— W. H.Pierpont, Ritchie C. II.. W. Va,
Road Master— A. J. Ramsay, Pennsboro', W. Va.

[• Clark Hes^-

. H.. W. Va.

8

<>•>!> Pennsylvania anil > orth Western RR.

I'rix'nlint - Edward J. Berwind, Philadelphia. Pa.
}",,; -/'/,.;//,/,/ Aaron Fries. Philadelphia, Pa.

'N'!i'- '/'.'',' '-7" '\nt'""' I Fr;mk s- Lewis. Philadelphia, Pa.

.s'/////.-- \V. A. Ford. Bellwood. Pa.

l-'.iKj'nn-t r .Miihi.nl' \\'nij c. F. Moon-. Bellwood, Pa.

Auditor- C. K. Klder. Bellwood. Pa.

Cut- .(<;•<, a, ,(i/f,f~ ( '. II. Montiroincrv. Bellwood, Pa.

M«*t. Mech. G. F. Van Brunt. Bellwood, Pa.

.)/r/.v/. fV//' li'i',',1,,' A. Ximrneniian. P.ellwood. Pa.

A'O'/'/ Mu#t9r—Th08. Beard, Bellwood. Pa.

66O Pennsylvania Railroad Co.'s System.

(•i NKKAI. OFPICKP.S. PENNSYLVANIA RR. Co.

B. Roberts. Philadelphia, Pa.
Chf. f%T*— John M. Hardinir. Philadelphia, Pa.
.l.^V/o P/vwr.— Samuel Rea. Philadelphia. Pa.
I-/ ]'!<•> -/'/>->.- Frank Thomson. Philadelphia, Pa.
r/,;'. Ch-rk— E. T. Postluthwaite. Pliilad.-lphia. Pa.

-Pre*.— 5. X. Du Barrv. Pliiladelphia. Pa.

/.--Fred'k W. Schwar/. Philadelphia, Pa.
.-I.V-N-/. tii^d }'.-P.-~ Jos. I". Crawford. Philadeh)hia, Pa.
:>/ r;»v-/^vx._john P. Green, Philadelphia. Pa.
6'A/'. t'/e/'^ — Lewis Xeilson. Philadelphia. Pa.

'•//—John C. Sims. Philadelphia, Pa.
J.v.v/. s*,-i-etm-y—l). S. Xewhall. Philadelphia. Pa.
r//r'. Clt-rk— Robert H. GrofP. Philadelphia. Pa.
r ' , / > W. A. Patton. Philadelphia. Pa.
""' '4WW \ R. D. Bareiav. Philadelphia. Pa.
S'-. lSr<n,ch Jid*.— AH >ert" He wson. Philadelphia. Pa.
Treat. Bidm-li Rtl*.— Taber Ashton. Philadelphia, Pa.

8e<ows(jo''^ ^ arl~ \ J- S> Van Zaildt' Philadelphia. Pa.
TREASURY DEPARTMENT.

-Robert W. Smith. Philadelphia, Pa.

— Geo.E Peabody. Philadelphia. Pa.
Cashier- -B. F. Crawford, Philadelphia. Pa.
O/W<. Enip. Lint — W. 31. Brunei1, Philadelphia, Pa.
Receiving Teller— Chas. M. Lammot. Philadelphia. Pa.
Transfer Ckrk— Charles D. Young, Philadelphia, Pa.
Bookkeeper— G, W. Crowe, Philadelphia. Pa.

TRANSPORTATION DEPARTMENT.

Gen. Manager— Chas. E. Push. Philadelphia. Pa.
(7/eV/' Engineer— Wm. II. Brown, Philadelphia, Pa
-lW. r. £««/.— Jos. T. Richards. Philadelphia. Pa.
Eng. of 3ig.— Geo. D. Fowle, Philadelphia, Pa.
In#j). ofJfatlg.—W. H. Hippie. Philadelphia. Pa.
CT. S. Mi if. P,,»;i'— Theo. X. Ely, Altoona, Pa.
Chf. Clerk— W. H. Rohrer (office), Altoona, Pa.

C/A* °' ^ f B- F' Cllster (accounts), Altooua, Pa.
G. S. of Trans.— S. M. Provost. Philadelphia, Pa.
Chf. Clerk— Chas. McCully, Philadelphia. Pa

%£f ' C'G7>jfi>m>'Y' j-Arthur Hale, Philadelphia, Pa.

Mech. Engineer— Axel S. Vogt. Altoona. Pa.

A*s(. Engineer — John D. Bowman. Altoona, Pa.

Chrinist—C. B. Dudley. Altoona, Pa.

A**t. Chemist— Y. X. Pease, Altoona, Pa.

Chf. In. of Air B.—3. F. Elder. Philadelphia. Pa.

John F-

- Philadelphia, Pa.

113

Ma*t. M>-ch. JiiniataSfiop—K. D. Gordon. Altoona, Pa.
Asut. M. M. Juniatu */iop—T. R. Browne. Altoona, Pa.
Scale Inn.— Henry York. Harrisburg, Pa.

PENNSYLVANIA RAILROAD DIVISION.

Gen. Supt.—F. L. Sheppard, Altoona, Pa.

Chf. Clerk— C. A. Wood, Altoona, Pa.

Grn. Ar/f.. Philadelphia— Wm. J. Latta. PhiladePia, Pa.

Chf. Cltrk — Win. Hammersley, Philadelphia. Pa.

Sitpf. Mantua Transfer— S. J. Barclay. Mantua, Pa.

*»j»f. Grain Ele.-E. Pugh, Jr., W. Pliila., Pa.

Gen. Agt., Pittsburgh— K. Pitcairn, Pittsburgh. Pa.

Chf. Clerk— John Alldred. Pittsburgh, Pa.

*»pt. Fitt*b. Trttntftr— X. M. Smith. Pittsburgh. Pa.

Gen. Agt. Green Lint—C. T. Hallowell. Oil Citv. Pa

Chf. Clerk— Wm S. Motheral.Oil C'ity, Pa.

8%tpt. Mot. Po»-er—J. M. Wallis. Altoona. Pa.

Asst. Eng. Mot. Power— Henry Bartlett. Altoona, Pa.

. W.Phil.Mach. Shop— H.D.Garrett, W. Phila.

114

CROWN SMELTING COMPANY

CHESTER, PA.

BRONZE, BRASS AND COMPOSITION METAL

CASTINGS.

INVENTORS AND SOLE MANUFACTURERS OF

CROWN BRONZE,

AN IMPROVED PHOSPHORIZED METAL.

Manufacturers of PHOSPHOR-BRONZE to Pennsylvania

Railroad Specifications, in either Ingot Metal,

Locomotive or Car Bearings.

PROPELLER WHEELS AND MARINE WORK.

MIDDLETOWN GAR WORKS.

RAILWAYIMINE CARS.

Works and Office on Main Line Pennsylvania and Philadelphia <J Reading Railroads,

ARTHUR KING, Proprietor, Middletown, Pa.

CARLISLE MFC. CO.,

CARS, ENGINES,
FROGS AND SWITCHES,

_ CARLISLE, PA. _

ARIO PARDEE, PROPRIETOR. S. B. MORGAN, GENERAL MANAGER.

Pardee Car/?7Machine Works,

Manufacturer Mail, Baggage, Box, Gondola, Flat, Gravel, Ore, Coal, Mine,

Iron Frame Derrick, Wrecking and Hand Cars. Patent Turn-Tables

and Centers for Wooden Turn-Tables, Car Castings, Railroad

Forgings, Rolling-Mill Castings, Bridge Bolts and Castings.

We have in connection with our Car Works an extensive Foundry and Machine Shop, and
are prepared to do a general Machine Business.

PEN-PEN.

POORS DIRECTORY OF RAILWAY OFFICIALS.

66O— 66O

66O Pennsylvania Railroad Co. 'H System.

660 Pennsylvania Railroad Co.'s System.—

,'.ir./'/,i/./.r»//-.s7f/.//-I.\V.Van H«mt«Mi.W.Phila.
/'"/• I'ark >'//'///- A. \V. Shannon. Mantua, Pa.

Vech. Columbia sh>,, A. O. Baker. Columbia, Pa.

M't*t.Mri;h.Il<ir. Ma'-h.*h"/>- E.I,. Caum. Harrish\'. I'a.

... Il,u-. ('<!/• .sAo/y-S. YV. Myei>. Harrisburg. Pa.
/'.//•. fl >p— R. T. Garland. Harrisburg. Pa.

/-.'/. /,•//•/.<. Shop— Isaiah Pazaon. LewistX Pa.
/'•>/•. Hnnt'»iijd»i, shop—O. Gibson. Huntingdon. Pa.
Pyront s/">j)—J. A. Beamer, Tyrone. Pa.

Andrew Given. Bedford. Pa.

Moft.Mech.AU. Mach.8hop—G. W.Sirattan. Altoona, Pa.
John P. Levan. Altoona. Pa.

F'n-.m. Cm, -in. Shop— 3. Capstick, Coneinaugh, Pa.
M. Mech.B rtr. Mack Shop— W.B.Voni*, Blafreville, Pa.
'ar Stop— M.H. Fails. Blaireville, Pa.
M. .!/' eh. Pttts.Mach.ShOp—'D. O. Shaver. Pitt-burgh, Pa.

'/-J. (.. Stewart. Wall. Pa.

Gen. For. Phil, shop -Chas. X. Royce. Phillipston, Pa.
Gm. For. Oi-in*l,ij >7</>/>-Wm. Ldnineer, Ormsby. Pa.
R'd.For. of Eny. , Phita. Dir.— S. A. Wooil. West Phila.

^SchwtiwiJto'' \S- B> Hoffinaster' Beading. Pa.
g;;/^;A.R.M«S!.Co,,,m,lia.Pa.

Harrisburg, Pa.

J?d. For. ffFixj. -V. y./t.—J. A .Covert. Jersey City.X.J.
lid. F»i ."' 'F.nff.Ain. ]).—,}. O. Thompson, Camden. X.J.
/,/i'/. "f Main, (if UV///-E. F. Brooks-, .lei-ey City. N..J.
Supl. J. ('. F- 1 ,• let !.' Bloonisbvrg, Jer><-y Cii\ .
For.oj' Ei<t.i.t'lt><i.l.Kii>i'iii.— J. Pearson. JeiM-y City. N. J.

X. •'• ) o/7. /;;/-.- Josi-ph Crawford. Jersey City. N. J.
Amfi"'/ !><' . F. Ellmaker, Camden. N. .).
BeMden 2H«.— Wilson Brown. Lambenville, N. J.

I >i 1 1- tun Tfinn M

Ne* Twit Div.(POtf.)- E. T. Mander. J<-rst-y City. N. J.
-\V,r >•/„/.-//;.•. '/••/•/. i--Wiii. H<-adiey. J«-i>i\ Cit\. N. J.
Amboy ZJii'.—R. D. Keen. Camden. N. .J .
J^lc', 'A m. H. Davis. Lambertvilie, N. J.

PHILAPELPHIA & ERIE RR. DIVISION.
Gen. Stipt.— Robert Neilson. Williamsport. Pa.
S'H>t. M"f. !'<»,.,— Edw. D. N«-;s.,n. WU11am0port, Pa.

t. M'Clt. sii/,t,tirij Shop— II. K. Stout. Sunbury. Pa.
t.Mfh.L Wm.L.Holman. Renovo, Pa.

Mast. Mf-h. Kil, >7<o;>— James Gaskill. Erie. Pa.

shop* — David Cowley. Erie. Pa.

of

]•

-. B. Xo,rlS.BI;,irSvil]e. Pa.

/. of Main, of U'ay— 31. W. Thomson, Altoona. Pa.
A**'. Eno. Mnln. of \Vui/ — A. C. Shand. Altoona. Pa.
Eng. Bight of Way— Antes Snyder, Blairsville, Pa.

Di' triidtht*.

Philadelphia Die.— Thomas Gncker. W. Phila.. Pa.
Schw/lkM Dir.— W. H. 31yers. Reading. Pa.

/, Dir.— A. P. Gest. York. Pa.
Middle Dlc.—Q. E. McUlellan. Harrisburg, Pa.
Ltii'ixtofCi' Die.— A. W. 3Ioss. Lewigtown, Pa.
B'-!f,,,-d Dh-.—T). H. Lovell. Bedford, Pa.
Tyrone Dir.— S. S. Blair. Tyrone. Pa.
Altoona Dlr.—\\. X. Bannard. Altoona. Pa.
West Penn. Dir.— Jas. Reed. Allegheny City. Pa.
Pittsburgh Dir.— Robert Pitcairn. Pittsburgh, Pa.
Mononfjahela Dir.—D. 31. Watt. Pittsburgh. Pa.

Dicl*lon Train Masters.
,),r i S.-im'l J. Potts. W. Philadelphia, Pa.

' "< Geo. W. Paxson. Pomeroy. I'a.
kill Dlr.—E. Elmer Thompson. Reading, Pa.
i>>k Dir. — A. W. Orwiir. York, Pa.
Dli- —Geo. K.nter. Harrisburg. Pa.
'».'.•/• Dir. — Chas. F. Kissinger, Lewistown, Pa.
Bedford Dir. -W. H. Bower. Bedford. Pa.
Tyrone Jtir.—D. D. Wood. Tyrone. Pa.
Altoona Dir.-\V. C. Snyder/Altoona. Pa.
W-*t Pii,n. l>ir.—\\. C.'Richey, Allegheny City. Pa.
rUbsburgh Dir. i /}/.«*•. i—C. W. Cnlp, Pitteburgh, Pa.
PUtxb'irijh l)ir. (Frt.i— Edw. Pitcairn. Pittsburgh. Pa.
Moriongaheta Die.— J. L. Tucker, Pittsburgh, Pa.

UNITED RAILROADS OF XEW JERSEY DIVISION.
Gen. Supt.—¥. Wolcott Jackson. Jersey City. X. J.

[gent—O. J. Geer, Xew York. X. Y.

. «-. — Robert A. ShiiTefs. Jersey City. X. J.
Svpt. Mot. Pou-.—H. S. Hay ward. Jersey City. X. J.
As-st. Enff. Mot. Po'.c.—S. Porcher, Jersey Cur, X. J.

Mech. M*ad. shop— 3. W. Sanford. 3Ieadows. X.J.

For. J. <'. shop—D. H. Baker. Jersey City. X. J.
M.t't. .}frch. Hot*. S/iop—U Caufield. Hoboken, X. J.
Gen. For. Ship Carp. — Jos. Wilson. Jersey C'itv. X. J.
MJtfeeh.Lamberto.Shop ,t- - R. McDowell, Lambertv.,

Rd. For. of Eno. Bel. I>. \ X.J.

3fa*t. M'Ch. S. Atnlifjii Shop—T. -Ken-. So. Amboy. X. J.
Gtn.For. *. Amtx»j >Ao//- -P. S. Bogart. So. Amboy. X.J.
Ma*? >A'///~Rnfus Hill. Camden. X. J.

t,Uv.McA,is,e, Camden, N'.J.

Road For. of E/(f/.,

JliiMl* L'<
Boa4 For.of Eng.,

Western Di
Road For. of Ear/. .

Lucian J. Gnyon. Sunbnry, Pa.
John W. Sheldon, Renovo, Pa.
Lewis Hutching, Erie. Pa.
H. B. Carr, Sunbury. Pa.

Ei-fj. ML fin. of \\'at/—L. H. Barker. Williamsport. Pa.
A4-f. Enrj.— Wm. A. MacCart, Williamsport, Pa.

Division S>/iKrin tend- nt*.

*>iiJ,i(ry Uii'.—G. W. Crei^hton. Sunbury. Pa.
JBSMfena D'a:.— Ezra B. Westfall. Williamsport. Pa.
Middle Dir.— Thos. A. Roberts. Renovo. Pa.
Dir.—i. W. Reynolds. Erie. Pa.

Train

T>i>\— Jacob H. Swenk. Sunbnry, Pa,
f-l'\— David At tick, Sunbury. Pa.
Middl*- bi<\—Jno. N. Belford. Renovo, Pa,
fern JJir.—Jno. S. Scobell. Erie, Pa.

RELIEF DEPARTMENT.

Superintendent — J. A. Anderson. Trenton. IN. J.
! Asft. Superintendent— Hoboes D. Ely, Trenton. X. J".

FREIGHT DEPARTMENT.

G'i'..F(ji. Afjt.—^vA. H. Joyce, Philadelphia. Pa.
A**t. f.rf.n. Fat. Agt.— Chas. A. Chipley. Phila., Pa.
Coal Fat. Agt. ^J. G. Searles, Philadelphia. Pa.
Ffjt. Cf'thti Ar/f.—Y. D. Howell, Philadelphia. Pa.

Agt. for Xttc Yort—O. J. Geer. New York. X. Y.
MHH. Umpire Z<'//»— Geo. M. Ball. Philadelphia, Pa.
.>''//>/. Empire Lh/t—L. G. Kies. Cleveland. O_
. Union Li/'f—D. S. Gray, Columbus, O.

K"^. ^ '- F. II. Kingsbury, Xew York. X. Y .

>'//y/. Union. Lin~—E. A. Dawson, Chicago. II.

PASSENGER DEPARTMENT.

Gen. Pas.". Agt.— Jas. R. Wood. Philadelphia. Pa.
A**t. Oen. Pit**. Ar/t.-Geo. W. Boyd. Philadelphia. Pa,
Gen. Buy. Arjt.—Y. J. Me Wade. Philadelphia. Pa.

PURCHASING DEPARTMENT.
Purch. Af/fnt — Enoch Lewis. Philadelphia. Pa.

!':ii'f-h. Ayt.—A. W. Sumner, Philadelphia, Pu.

ACCOUNTING DEPARTMENT.

Comptroller— Robt. W. Downing. Philadelphia. Pa.
As. Conq>. c(- An. Pus*. R(C.— 31. Riebenack. Phila. Pa
Ami. F'jt. Etc.—G. 31. Taylor. Philadelphia. Pa.
!//</. nf t <,«J F</f. !!>•>•{.•<.— Jeff. Justice. Philadelphia. P;i
J.v. A'"f.Pa.^.'l^.—A. J. Gillinghain. Philadelphia, Pa.
,i'/'/. Di*b.—J. D. Greene. Philadelphia. Pa.
.l.v.v/. J-/'/. tfDisb.—O. A. Knipe. Philadelphia. Pa.

Railway History is a special feature of Poor's Manual of Railroads. You should
consult that standard authority if you desire to acquire knowledge of this character.

115

116

ROBERT W. HUNT. JOHN J. CONE. A. W. FIERO. G. W. TEHRI3 & CO.

THE ROBERT W. HUNT & CO.

BUREAU of INSPECTION, TESTS and CONSULTATION.

Rails, Splices, Switches, Frogs, Cars, Axles, Wheels, etc.

CHEMICAL AND PHYSICAL ANALYSES.
GEISTKR^.L OFFICE, G31 <Sc 633 "The I^ookery," CHICAGO.

Branch Offices: Union Trust Co. Buildinp, 80 Broadway, New York: 328 Chestnut St , Philadelphia, Pa.;
Hamilton Buildiny, Pittsburg, Pa.

TEXTIIVO LABORATORY.

HUNT & CLAPP, 116 Water Street, Pittsburgh, Pa.
METALLURGICAL ENGINEERS AND CHEMISTS

SPECIALTIES: INSPECTION OF RAILS AND ALL MATERIAL FOR BRIDGES AND OTHER STRUCTURES.
CHEMICAL ANALYSIS and PHYSICAL TESTS of all kinds,

. . f jTINIUS OLSEN & CO.'S TESTING MACHINES.
Agents tor-j THATCHER'S SLIDE RULES.

THEODORE COOPER,

Consulting Engineer,

35 BROADWAY, - NEW YORK.

Bridges, Elevated Railroads, Station and Shop Buildings, Piers, Ferry Houees, or other structures,
Foundations. General or detail plans, estimates, e-pecincations, and superintendence of construction.
.Reports made upon existing or proposed structures.

p. FIELD,

CIVIL ENGINEER,

Prudential Building, cor. Broad and Bank Sts., JXTJbJ \A/ ^k.3FLX3L, 3XT. J~.

Foundations, Roofs, Buildings, Bridges, Railways and Railway Structures,

MCCORMICK CONSTRUCTION CO.,

ROOM 12, 904 OLIVE STREET, ST. LOUIS, MO.

TUNNELS, RAILWAYS, BRIDGE PIERS, FOUNDATIONS, WATER-WORKS,
RIVER IMPROVEMENTS, Etc.

R. P. McCORMICK, - President and Chief Engineer.

ELISHA P. REYNOLDS & COMPANY,

GENERAL CONTRACTORS OF ? RAILROADS AND BRIDGES,

O I'^-ICJE S :

J. H. REYNOLDS, BEN REYNOLDS, ELISHA P. REYNOLDS,

Wumore. Neb. Cincinnati, O. Rock Island, ill.

PKN-PEX.

POOR S DIRECTORY OF RAILWAY OFFICIALS.

IHiU (itil

660 Pennsylvania Railroad Co. "s System. —

i'hiladelphia. Pa.
A>ni. John T. Denniston, Pittsburgh, Pa.

\Vin. Hacker. Philadelphia. I'a.

LEGAL DEPARTMENT.

•/• — Tolui Scott. Philadelphia, Pa.

James A. I. "-an. Pliiladelphia, Pa.

HEAL ESTATE DKI-ARTMKNT.

-John C. Wilson. Philadelphia. Pa.
G»-o. W. I. Ball. Philadelphia, Pa.

DKI-AKTMEXT.
.-y— Hugh B. Ely. Philadelphia, Pa.

E.MIM.OYHK-' S\\IN,, FfXD.

- \\hall, Philadelphia, Pa.

<i(il Pennsylvania Company's System.

PENNSYLVANIA LISP:* WEST <>F PITTSBURGH— NORTH-

WK-T >YSTEM.

Gauire. 4 ft. 9 in. : miles operated, 1,006.6 ; nnmber of
locomotives. 454 : passenger cars. 306 ; freight and mis-
cellaneous car-. ^r.'i-JT.

-Geo. B. Roberts. Philadelphia, Pa.
\*t T7'.-*-/>/v.v.— James McCrea. Pittsburgh. Pa.

-J. T. Brooks. Pittabaegh, Pa.
3-/ Ho'/'/v.y.— Tho<. I). Messier. Pittsburgh. Pa.

-Pre*.— John E. Davidson. Pittsburgh. Pa.
•// Man.— Joseph Wood, Pittsburgh. Pa.
- 'pf. Trni'*p.— Ed\v. B. Taylor. Pittsburgh, Pa.
-</)/.— Chas. Watts. Pittsburgh. Pa.
'finff EHIJ.— Feiieian Slataper. Pittsburgh. Pa.

homas Rodd. Pitt-burgh. Pa.
Prine. A**t. Env.—R.. Trimble. Pittsburgh. Pa.

— J. T. Brooks. Pittsburgh. Pa.
A**f. Counsel— 3. J. Brooks. Pittsburgh. Pa.
A.*.--f. to Gen. Counsel— L. L. Gilbert. Pittsburgh, Pa.
Secretary— §. B. Liggett. Pittsburgh. Pa.

r'er— T. H. B.~McKnight. Pittsburgh, Pa.
Ootltptrottr — J. W. Renner. Pittsburgh, Pa.
Asst. f'oni.pt.— A. McElevey. Pittsburgh. Pa.
And. Pit*/*. Receipt* — J. P. Farley. Pittsburgh. Pa.
Ami. F>it. Receipts— 3. M. Lyon." Pittsburgh, Pa.
Au<!. Dixb. —James Instan. Pittsburgh. Pa.
G*r;. Pa**. ({• Tkt. Afft.—E. A. Ford, Pittsburgh, Pa.
tot, G. P. tfc T. Aat.—Y. Van Dusen. Pittsb., Pa.
Bag. Aot.—K. R. Bentley. Pittsburgh, Pa.
Gen. Fat. Af/(.— Wm. Stewart, Pittsburgh. Pa.
A**f. Gen. Ffjt. Aaf.— Chas. L. Cole, Pittsburgh, Pa.
Purch. Acjen't— William Mullins. Pittsburgh, Pa. '
'

nff.—W. McC. Grafton. Pittsburgh, Pa.
Svpt. 7V/.--A. M. Schoyer. Pittsburgh. Pa.
•^'<l>f. ^['>f. PI,//-: r — F. D. Casanave. Fort Wavne. Ind.
G*ii. Afft.— John Thomas. Cleveland. O

.if t i.<fer Mti-hani™— W. F. Beardslev. Allegheny. Pa •
G. L. Potter. Fort Wayne. Ind. : B. Fitzpatrick.'Wells-
ville. O.: T. F. Butler. Crestline. O.: J. A. Wood. Gen-
eral Foreman. Erie, Pa. ; W. M. Lowe. General Fore-
man. Toledo. O. ; John Moore, General Foreman.
Alliance, O.

Foremen far Repair* — G. E. Geis, Allegheny. Pa.;
J. A. Graham, Fort Wayne. lud.: A. FiaUer, Wellsville,
O.: T. B. Hunt. Chicago. 111. : A. Steinbrenner. Cleve-
land. O. : Xavier Wolf, Erie. Pa. : Jos. Rischman,
Toledo, O.: Jno. Harkenrider. Crestline. O.

f-'i'i'-ni'-n L'x-fi. Kept i if" — C. W. Cross. Allegheny. Pa.;
H. Hogan. Fort Wayne. Ind. ; J. W. Menou^h. Welis-
ville. O.: John Hangstler. Erie. Pa.: W. E. Frve, Wells-
ville. O.: A. H. Somers, Chicago. 111.

Ffir-r/f-f Car Painter*— D. Smith, Wellsville. O. :
A. J. Culbertson. Erie. Pa. ; Wm. Jones. Crestline, O.:
J. J. Josenhans. Aileghany, Pa.; T. J. Rodabaugh,
Fort Wayne. Ind.

Superintendents— Eastern Division : A. B. Starr.
Allegheny. Pa. Western Division : C. D. Law. Fort
Wayne. Ind. Cleveland and Pittsburgh : L. F. Loree.
Wellsville. O. Toledo Division : J. S. Morris, Toledo^
O. Erie and Ashtabula Division : J. M. Kimball. Law-
rence Jc.. Pa.

Ear/. Jfaint. of UV///— W. H. Potter. Allegheny. Pa.:
Thos. Jackson, Fort \Vayne.Ind.: II. W. Byers. Law-
rence June., Pa.: W. H. Scriven. Wellsville,"O.: F. P.
Morris. Toledo. O.

r><il I'eiuisj Ivnniu ( oiupiiiiy'* System.—

I '<!,,!,

.. W. Kerf-ring. Allegheny. Pa.':
Kik-h. En.m. Pa.: 1'. .1. Conlin. Alliance. (..:
John Wright. W<.o-t.-r. o. : I). S. I'pper

San«lu-ky. <).: J. M. ( raigh. Van Wert. o.: L. M. Ber-
lin. Warsaw. Ind.: W. M. Long, Valparaiso. Ind.: W. J.
Prindle. Chicago, 111.: T. J. King. Jamestown. Pa.:
L. C. Hughes. Yomig*town. <>.; F. F. Smith. Lawrence
June.. I'a : nna. O.; J. B. Dick-on.

Well-ville. O.: C. Kennedy, Xewburg, O.; W. Furlong,
Steubenviile, O.

>•'//</. ViJui.t. IfffjffJtfft.-'R. F. Smith. Cleveland. O.
• I)fp.—F. C. Thayer. Clev,-l..O.

VLVAXIA LIXES WEST or PITTBBL-RGH— SOUTH-

\\ K-T S^ -TEM.

Miles operated. 1.473.63. Gauge, 4 ft. 9 in. Number
of locomotives, 482 ; passenger cars, 3.)s : freight and
miscellaneous cars, 11.838.

'./— G. B. Roberts, Philadelphia. Pa.
!>•/ Pic»-jf¥89. — James McC'rea. Pittsburgh. Pa.
v! •/ r;/---7Vex.— J. T. Brooks. Pittsburgh. Pa.
3'/ Vict-Pre*.— Thos. D. Messier. Pittsburgh. Pa.
\tl, Vi'*>--Pre*.—3. E. Davidson. Pittsburgh. Pa.

' //.—Joseph Wood. Pittsburgh. Pa.
- ///'. Tri.ffi.fp.— Ed\T. B. Taylor, Pittsburgh. Pa.
Gen. Sup(.—J. F. Miller. Columbus, O.
Comptroller— 3 '. W. Renner. Pittsburgh, Pa.
>,>jjf.— A. McElevey. Pittsburgh, Pa.
Gen. Coutt*e?—J. T. Brooks. Pittsburgh, Pa.
A<?st. Counsel— J. J. Brook*. Pittsburgh. Pa.
A**t. fo Gt/,. f <»'-„*(•?— L. L. Gilbert. Pittsburgh. Pa.
Secretary— S. B. Liggett.. Pittsburgh. Pa.
Trtiiji'rrr—T. H. B. McKnight. Pittsburgh. Pa.
A'i'L F'/t. It'<->-rij,fs—J. M. Lyon. Pitisbifrgh. Pa.
-4 i/ij. P'L<f!. Receipts— 3. P. Farley. Pittsburgh, Pa.
A ltd. lJi.<o.—>J&*. Instan. Pittsburgh, Pa.
Gm. Pox*, cfc Tkt. Agt.—E. A. Ford, Pittsburgh. Pa.
C. A. G. P. <{• Tk. Jf//.-F. Van Dusen. Pittsburgh, Pa.
Goi. Frit. Afft.— Wm. Stewart. Pittsburgh. Pa.
A**t. Gen. Fgt. Ayt.—D. T. McCabe, Columbus. O.
Pvrch. Af/t.—Wm. Mullins. Pittsburgh, Pa.
Chief En ft.— M. J. Becker. Pittsburgh. Pa.
Prine. Asst. Enrj.— Thos. H. Johnson. Pittsburgh, Pa.
xir/nti! Enf/.—\\. McC. Grafton. Pittsburgh. Pa.
Xi'ipt. Mot. Power— TSAvr. B. Wall. Columbus. O.
Supt. Tel.— A. M. Schoyer. Pittsburgh, Pa.
Gen. Bag. Agt.—'R. R. Bentley, Pittsburgh, Pa.

Pi ttsb u rnh Di vision .

$i'pf.—J. J. Turner. Pittsburgh. Pa.

Eng. Jfaint. of IVay—Y. T. Hatch. Birmingham. Pa.

Vn-t -[f^ht J w- c- ArP' Dennison. O.
Matt. M -

. , -.f T>,

//.

s p Bu Columbll!?< o
Pass. Truli, .)/«•>/.— P. A. Bonebrake. Pittsburgh. Pa.

TV-M ir,, ^,- l ^- c- Deane. Pittsburgh. Pa.
Train M<ut*r*^ j w Ansel Denni;iori o

1 A. Mendenhall. Pittsburgh, Pa.

^ £ Morre]1 Columbus. O.
!>}<•. operator — G. F. Brown. Dennison. O.
R. F. of Engine*— C. B. McCormick. Pittsburgh, Pa.
r r-*- p * G. P. Sweelev, Columbn-. o.
Fo,e. Loco. Rep,. ( H Q Snvcler; 1)ennison- o.

* Jno. Commer ford, Columbus. O.
-, j R Swann Deniligou> o.

» H- M. Billings. Columbus, O.
- A Liuch> Dennison. O.
^— Simon Clary. Manslield. Pa. : Martin
Davin. Steubenviile, O; J.'L. Oviugton. Steubenviile,
O. ; H. Hess, New Comerstowu, O. ; M. O'Connor,
Columbus, O.

Cincii>/-,afi Division.

bitpt.— Ralph Peters. Cincinnati, O.
Enfj. Muint. "f ir«y#— C. E. Lindsay. Cincinnati. O.
U.'-)[. it- 7.'- /. ;fi'.—\\. C. Pennock. Cincinnati. O.
Train Matter- A. E. Waters, Xenia. O.
Fore. Car Shop*— P. H. McGraw. Cincinnati, O.
,e\ Jno. Gearns. Xenia. O.
. Moran, Xenia, O.

Supt.—F. G. Darlington. Indianapolis. Ind.

Eng. Maint. of Wuy~W. C. Cashing, Indianapolis. Ind.

11'

PEN-PET.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

661—671

661 Pennsylvania Company's System.—

Continued.

Master Mech.— Wm. Swanston, Indianapolis, Ind.
Train !///*//>»•« ' J- W- Greenen, Indianapolis, Ind.

in Matters] c B Seegtir< ColmnbU8) o

R. F. of Engines— Jno. Pontius, Columbus, O

Gen. Fore. Car Shops— E. A. Austin, Indianapolis, Ind

Fore. Car Painters— Jno. T. Lanfersiek, Indianap., Ind

Chicago Division.

Supt.—C. M. Bennett, Logansport, Ind.
Eng. Maint. of Way—W. C. Loree, Logansport, Ind
Train Master— J '. R. Trimmer, Chicago, 111.
Assf. Ti\ Mister— C. R. Green, Logansport, Ind.
jjfaster Afech.—W. W. Reynolds, Logansport, Ind.
ft. F. -of Engines— A. J. Prescott, Logansport, Ind.
Fore. Loco. Rep.— Thos. Austin, Logansport, Ind.
Gen. Fore. Car Shops— C. H. Starr, Logansport, Ind.
Fore. Car Painters— Jno. Sheedn, Logansport. Ind

Suiter risers—?. Reilly, Union City, Ind. ; J. M
Winger. Logansport, Ind.; James Deegan, Crown Point,
Ind. ; Thos. McLaughlin, Chicago, 111. ; M. Masscna,
Monticello, Ind.

Richmond Division.
Supt.—W. B. Leeds, Richmond, Ind.
Eng. Maint. of Way—W. C. Downing, Richmond, Ind.
Train Master- J. S. May, Richmond, Ind.
R. F. of Engines— K. R. Beatty, Richmond, Ind.
Vunswisws * w- Byrkit, Anderson, Ind.
7* I R.L.Adams, Hamilton, O.

Louisrille Division.
&tpt.—H. I. Miller, Louisville, Ky.
Eng. Maint. of Way—B. W. Taylor, Louisville, Ky.
Train Master— J. M. Lindley, Columbus, Ind
R. F. of Engines— R. E. Morris, Louisville. Ky.

( Sam'l Talkington, Jeffersonville, Ind.
Super visors < Thos. Plunkett, Columbus, Ind.

( J. II. Jones, Columbus, Ind.

Indianapolis and Vlncennes Division.
ftrpt.—M.. W. Mansfield, Indianapolis, Ind.
Eng. Maint. of Way—E. Hill, Indianapolis, Ind.
7V. Mast. & K. F. of E.— Jas. Landers, Indianap., Ind.
Supervisor— R. S. McKeever, Spencer, Ind.

662 Pennsylvania, Poughkeepsie & Boston
RR.

Rec. & Gen. Man.—K H. Kingston, Philadelphia, Pa

President— W. W. Gibbs, Philadelphia, Pa.

Secretary— Morris R. Bockius, Philadelphia, Pa.

Treasurer— Joseph R. Sagee, Philadelphia, Pa.

Gen. Counsel— If. D. Lewis, Philadelphia, Pa.

Gen Counsel for Rec.—Ch&s. E. Morgan, Jr., Phila., Pa.

Gen. Fgt. cfe'Po**. Agt.-Chu*. E. Mack, Phila., Pa.

Auditor- -E. J. Fallo'n, Philadelphia, Pa.

Gen. Superintendent— C. H. Stanton, Slatingtou, Pa,

Piirch. Agt.— Whitfield Gibbs, Goshen, N. Y.

Chief Engineer— *. G. Primrose, Goshen, N. Y.

Mast. Mach.—~E. E. Jenks. Pen Argyl, Pa.

Road Mast. -John Greek, Deckertown, N. J.

Car Acct.-W. E. Hartman, Pen Argyl, Pa.

663 Pensacola and Andalusia RR.

President <fe Pur. Agt.—E>. F. Skinner, Escambia, Fla.
Gen. Manager— John McDavid, Escambia, Fla.
Treas. & Sec.—E. H. Skinner, Escambia. Fla.
Superintendent— II. C. McDavid, Chumuckla, Fla.
Chief Engineer— R. E. Lewis, Chumuckla, Fla.

664 Pensacola and Perdido RR.

Pres. cfe Sujyt.—ft. F. Simmons, Pensacola, Fla.
Sec., Tr. & Pur. Ag.— H.W. Simmons, Pensacola, Fla.

, Pensacola, Fla.

R°SupLaBrTdgls f Thomas Hollihan, Pensacola, Fla.
Mast. Mach. '& Car Reiis.—G. L. Napier, Pensacola, Fla.

665 People's Railway.

President— T. A. Reilly, Pottsville, Pa
8ec.,Tr.,8up.A Pur.Ag.—W.D. Pollard, Pottsville, Pa.

666 Peoria and Pekin Union Ry.

President— 3 o$. Ramsey, Jr., Cincinnati O

Vice- President— James F. How, St. Louis, Mo.

Treas., Sec. A Trans. Agt.— H. K. Pinkney, Peoria, III

Gen. Supt.—C. E. Schaff, Peoria, 111.

Engineer Main, of Way— James E. Palmer, Peoria, 111

Mast. Mech.—J&s. W. Hill, Peoria. 111.

Gen. Pass. & Ft. A. cfe Aud.—T. T. Dwight, Peoria, 111

Maxf. Transp.—S. M. Flood, Peoria, 111.

For. Car Rep.— 3. G. Evans, Peoria, 111.

667 Peoria, Decatur and Evaiisville Ry.

President— D. J. Mackey, Evansville, Ind.

Treas. cfe Sec.— W. J. Lewis, Evansville, Ind.

Gen. Solicitor— S. S. Stevens, Peoria, 111.

Auditor— ft. B. Cooke, Evansville, Ind.

Gen. Traffic Manager— G. J. Grammer, Evansville, Ind.

Gen. Fgt. Agt.-E. O. Hopkins, Evansville, Ind.

Gen. P. & T. Agt.—R. A. Campbell, Evansville, Ind.

AS&'TkT'A^(lSS' !" S> D- McLeish, Evansville, Ind.
Gen. Bag. Agt.—F. R. Wheeler, Evansville, Ind.
'>"^nntendent—B. B. Starbuck, Mattoon, 111.
Chief Engineer— V. A. Allen, Evansville, Ind.
Mast. Mech.—G. C. Robinson, Mattoon, 111.
Purch. Agent— H. W. Matters, Evansville, Ind.
Train Master— Q. Schilling, Mattoon, 111.
Car Accountant— S. H. Hedden, Evansville, Ind.
Foreman Car Painters— J. D. Hill; Mattoon, 111.

Boadmasters—G. E. Keyes, Pekin, 111., and J. C
Tierney, Olney, 111.

Xif]>t. Bridges and Buildings— S. P. Munson, Pekin. III.
Foreman Water Supply— R. H. Van Nest, Pekin, 111.

Gen Aaf.nl»\ A- G- P^Jnier, Peoria, 111.

Gen. Agents^ ^ R Thomag? Memphis? Tenn<

Trav. Fgt. Afft.—*Dnke Nichelson, Evansville, Ind.
Trav. Pass. Agt.—W. C. Katzenbach. Evansville, Ind.
Cornel Agent— W. B. Hallsted, Nashville, Tenn.

668 Peoria Terminal Ry.

President— William Hanna, Monmouth, 111.
Vice-Pre8ident—liu»9e\} Sage, New York, N. Y.
Secretary— J. R. Hanna, Monmouth, 111.
Auditor — Guy Stapp, Monmouth. 111.
Gen. Man.— D. P. Ph<-lps, Monmouth, 111.
Chief Engineer— 3. F. Wallace, Monmouth, 111.

669 Perkiomeii RR.

President & Gen. Coun.—Jas. Boyd, Norristown, Pa.

Treas. & Purch. Agt.—R. Boyd, Norristown, Pa.

Secretary— Philip Super, Pennsburg, Pa.

Gen. Sup., F. A T. Agt.—V.K. Clack, Perkiomen Jc.,Pa.

Chf.Eng. & Comptroller— G. B. Boggs, Norristown, Pa.

Auditor — F. C. Boggs, Norristown, Pa.

Road Master — John Polster, Green Lane, Pa.

670 Perry County ItoK .

President— Ron. Chas. H. Smiley, New Bloomfield, Pa.
Vice- President— John Wister, Duncannon, Pa.
Sec. & Gen. Alty.—Jas. W. Shull, New Bloomflcld. Pa.
Treasurer— W. N. Seibert, New Bloomfield, Pa.
Chief Engineer— James Elliot, New Bloomfield, Pa.
Gen. Supt.< Gen. Traf. Man., } ^ v -a lf • -v

Mast. Trans., Purci & Fuel tF" *

Agt., & Gen. Ft, & Pass. Agt.
Gen. Auditor— W. B. Sheibley, New Bloomfield, Pa.

671 Petersburg RR.— (See Atlantic Coast Line.)

The Securities of Municipalities are growing in popularity as investments. Intend-
ing or actual investors who desire to learn the financial condition of any city, town,
county, or State, should subscribe for Poor's Hand-Book of Investment Securities ;
price, $4. Published at 70 Wall St., New York.

118

PKT-PHI.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

674-67-5

673 Petersburg and Asylum Ry.

Pnt. <<• Att. Tr,nx. George Beadle, Petersburg. Va.

//•// .John Mann, Petersburg. Va.
Treasurer- H. r. Hardy. Petersburg, Va.
(.'// iff Engiin-(r—Y. P. Levensworth, Petersburg, \ a.

673 Pbiladelpliia and Reading KK.

Pn». «»• Gen. ^fa».—A.. A. McLeod, Philadelphia, Pa.

\#t J-.-/V.V.-J. I*. Maxwell. New York, N. V.
:2'/ I'-I'ifS ('has. Hartshorne, Philadelphia. Pa.
:W r.-/Vrv*.-RohtTt H. S.-iyre. Philadelphia. Pa.
4th r.-Pres.— John Russell Youn.ir. Philadelphia. Pa.
••//•,/ W. A. Church. Philadelphia. Pa.

y— W. K. Taylor. Philadelphia, Pa
J.-.v/. .sVc. — Charles C. Midwood, Philadelphia. Pa.

.. Man.— I. A. Sweigard, Philadelphia. Pa.
Ax*t. to Prfs.— H. S. Drinker. Philadelphia. Pa.

Philadelphia & Reading UK.— Cor,'

Asxf. f/itini Agt. P. .1. Ferguson, Shenandonh, Pa.
<i. Nwy//. .)/«/// /,i/" tov.—M. F. Bonzano, Phila., Pa.
'/. *<//>/. Wnixjxtrt lrir.-U. M. Lawler. W'msporl, Pa.

<r'fa^''D,rlL \ H stanley Goodwin, So. Bethlehem, Pa.
',. AY/.'.s-'////. .Vo. /,;,-. \V:n. Stevenson. Sayre, Pa.
N"/'/. /.'"///. Itii-.- G. D. Whitcornb, Reading. Pa.

tot. /.',,„/. In,-. _i. T. Bossert, Philadelphia, Pa.
.V'/yV. /'. <(• A". >'. l.i,-. E. C. Tomlinson, Phila.. Pa.
*"i>f It. <{• ' Hit-. A. M. Wilson, Columbia, Pa.
Snpt. Pin. Qroti Dtp. II. W. Tracy. Pine Grove. P.-.
x»jit. //. <t- /J. />K. — W. H. Woodward, Harrisb'g, Pu.
Supt. .!//. OV/y /;//•. B. K li.Tlolette. Camden, N. J.
*uj,t. VanallXv.—E. F. Smith, Philadelphia. Pa.
>•»/;,/. Delaware Bv. /*> /•/•»/— H. C. Felton. Camden. N. J.
>'//;>/. stmtnokin ],ir.— W. Bertolvit. Shamokin. Pa.
.v///,/. f<,r,nr;*»ii 1 >',,-.- W. G. Yetter, C'atawissa. Pa.

/1. A<

.— Rollin H. Wilbur. Philadelphia. Pa. .v«y//. 3". «/. /».- James Donnelly. Perth Amboy. N. J.

'

Awf. JO A**f. <"><. J/f/w.— M. G. Brown, Phila.. Pa.
Man. Atlantic City '. Robert s Davi? Camden. N. J.

it. Ji. to. |

Gen. Solicitor— J . D. Campbell. Philadelphia, PH.
Q«n. Traffic Man.— John Taj lor. Philadelphia, Pa.

Fgt\ Agt.-B. H. Bail/Philadelphia, Pa.
!*•/ J.W. frf».Fgf. Agt.— Geo. F. Randolph, Phila., Pa.
fr>'//. rw/ />/^. Agf.— John H. Jones, Phila.. Pa.

^'ma^^tmt1 LlM \ F- w stone' phila- Pa-

J.v.v/. fif. Ft. Agt. East. I J.H. Heckman, So. Bethlehem.

,(• Xorth. D'ir. \ Pa.

l.s.v/. ^r^//. Fgt. {gt. — W. S. Speirs. So. Bethlehem, Pa.

F,,,^,, F,,. A*. .; 5- j- JsSi5?SSft^-

•. .Iv^- £"• (C- 3*o. Div.— John Nichol, Bethlehem, Pa.

. /;«x/. .F^. Agt.— T. J. Klase. New York. N. Y.

. T !>*•/. ^W. -If//.— H. C. Tucker. Chicago. 111.
Qi i. Sorth. Fgt. Agt.— Pete* C. Doyle. Buffalo. N. Y.
to ,. .lr//.-W: K. Xiver. Buffalo, N. Y.
J\> r Eng. Fgt. Agt. — L. W. Frost. Boston, Mass.
G. M. L. Val. Tra'nsp. Co.—\\. P. Henry. Buffalo, X*. Y.
frf-n. Man. "Bee Line "— F. B. Morris, New York, N. Y.

f D. S. Grafly. Philadelphia. Pa.
TV ,7. . , . ! J. F. Auch, Harrisburg, Pa.
DII-. Fgt. Agts. ^ T B KoonSj Mauch Cnunk, Pa.

[Bert Hayden, Sayre. Pa.

Coal Fgt. Agt.— Geo. C. Coughlin, Philadelphia. Pa.
Fgt. Claim Agt. M. L. d- \ W. H. Sleider, Philadelphia.

W. IJiv*.

Pa.

. E. & . c E Amidoili Bethlehem. Pa.

Fgt.

(re«. Pass. Agt.—C. G. Hancock. Philadelphia, Pa.
A**t.to Gen. 'Pa**. Ar/t.—O. C.Brigirs, Philadelphia, Pa.
Aftxf. Gen. Pass. Agt. I A. W. Nonnemacher, Bethlehem,

East. (tXo.Dirs. | Pa.
Gen. West. Pass. Agt.—E. B. Byington, Buffalo, X. Y.

"*•£•££?%*" \*-*- R'— , Phnadelphia, Pa.
Chf. Eng. M.L. & W. Dii-s.—H. K. Nichols, Phila., Pa..
At*t. Chf.Enc/.M.L.ti- W.Dirs.-\Vm. Hunter, Phila.. Pa.
Chief Eng. E. tt- (A. W. Stedman, South Bethlehem,

IV. Dtrs. 1 Pa.
.4.^/. Chief Eng. E. \ C. E. Webster, South Bethlehem,

cfc J\*. Div s. ~i Pa.

Pw/rA. .4^.— Albert Foster, Philadelphia, Pa.
Asst. Purch. Agt.—Wm C. Alderson, Philadelphia. Pa.
21 A**t. Purch. Agt.— Edward Mahler. Philadelphia, Pa.
Real Estate Agt.— J. H. Loomis, Philadelphia. Pa.
A**t. Real Estate Agt.—C. K. Kliuk, Philadelphia, Pa.
First Register— John Walker. Jr., Philadelphia, Pa.
Gfuft-al Agent— C. F. Kindred, Philadelphia, Pa.
Comptroller— T>. Jones. Philadelphia, Pa.
A*xf. Comptroller— Isaac McQuilkin. Philadelphia. Pa.
And. Coal Traf.—H. W. Hancock. Philadelphia* Pa.
Asst. Aud. Coal Traffic— W. W. Weaver. Phila., Pa.
Ami. J/cto. Traf.—W. B. Scott, Philadelphia, Pa.
Asst. And. Mtse. Traf.—H. R. Hulme. Phila.. Pa.
Ami. Pass. Traf.—C.'H. Quarles, Philadelphia, Pa.
Asst. Aud. Pa»s. Traf.— Llewellyn Snowden, Phila., Pa.
Avd. Disbursements— 3 '. E. Price, Philadelphia, Pa.
Aud. Traf. Reefs.— George Ziegler, Philadelphia, Pa.
Tramp. Mfut.—O. W. Stager, Philadelphia, Pa.
Asst. Transp. Ma*t.—C. E. Metzler, Philadelphia, Pa.
Shipping & Fgt. Agt.—F. W. Taylor, Pt. Richmd., Phila.
Gen. Sag. Agt.—'A. W. Senders, Philadelphia, Pa.
Paymaster M. L. A \V. I>ir*.—A. W. Guy. Phila., Pa
Paym.E.&X.Dirs.—J. H. Wilhelm, Mauch Chunk, Pa.
Claim Agent— W. C. Brister. Philadelphia, Pa.

Supt. Wi

H.

.
ing D'n-.—Q. O. Es.-er. Wilkesbarre, Pa.

: * J- Alonzo P. Blakslee. Mauch Chunk. Pa.

. <'nttfq>Ki J)ir.—C. W. Chapman, Catasauqua, Pa.
. Phillip>burg, N. J.

fr./pt. Ithaca Jlir.— W. A. Stevenson. Sayre. Pa.
X'/pt. Auburn Dir.— H. D. Titus'. Auburn. N. Y.
Siipt. Buffalo IXr.— T. H. Fennell, Buffalo, N. Y.
*>ipt. Mot. Poic. «{• I?. E. J

Muii, Line <t- U'il/iatn*- -L. B. Paxson. Reading. Pa.

port Mr*. \

<^v//. .I/"*///, \\ater Work* * James I. Blakslee, Mauch

E.&N.Divs. ; Chunk. Pa.

S'ipf. Shops— Thomas Kearsley. Reading, Pa.
Gen. For. Loco. Show—Rnsene I. S.-indt, Reading, Pa.
G'-/i. For. far Shojix — B. K. Gruber, Reading, Pa.

-John Foreman. Pottstown. Pa.

Grn. Roa< f Fore, of Engine* Main ' C. G. Steffe. Read-

Line d- ^Yill^a'msport Dir*. «" ing. Pa.
Gen. Road Fore, of Engines « John McGraw. Wilkes-

E. d- .V. ZJlw. '. barre. Pa.

Mast. Car B> i'<J<-r—3. H. Rankin. Reading, Pa.
Asst. Mast. < ttr Jhiilder—\\'m. T. Gorrell. Reading. Pa.
>V/y>/. Car De;-. E. Dr.— John S. Lew/.. Packerton. Pa.
M-cli. Engineer— E. L. Moser. Reading. Pa.

stnrrk'r East, i Chas. P. Coleman, So. Bethlehem,
Yo/7/t. Z»ir. »" Pa.
of Telegraph— ~E. R. Adams. Reading, Pa.
ng. Hearting J)ir.—Y. S. Stevens, Reading. Pa.
r^. ng^P: & '. Loui9 Blackstone. Philadelphia, Pa.
Dir. Eng. Shamokin Dir. — Jos. S. Ward, W'msport, Pa
Wm. G. Johnson. Pine Grove, Pa.

DIP. Dir' **' tf' ! M- F- D- Scanlan, Harrisburg, Pa.
Dir. Eng. Catau-issa Dir.— Wm. Ever. Catawissa, Pa.

Division Master Mechanic* — J. S. Clampitt, Point
Richmond, Phila. ; F. P. Martin. Philadelphia, Pa. ;
Jackson Richards, Philadelphia, Pa. : Wm. M. Stell-
wagon, Palo Alto, Pa. ; Geo. S. Allen. Tamaqua. Pa. ;
J. 1. Kinsey. So. Easton. Pa. ; David Clark. Hazleton,
Pa. ; John Campbell, Delano. Pa. ; Chas. H. DeWitt,
Weatherly, Pa. ; James N. Weaver, Sayre, Pa. ; Thou.
D. Mannion, Camden, N. J.

674 Philadelphia, Newtown and New York

RR.

President— Jas. Boyd, Norristown, Pa.

Sec. & Treas.— Howard Boyd. Norristown, Pa.

S>i)xrintendfnt—^'m. M. Geary. Philadelphia, Pa.

Auditor— O. C. Knipe, Norristown, Pa.

Road Master— A. D. Stover, Philadelphia, Pa.

675 Philadelphia. Wilmington & Baltimore

RR.

Executive Department.

President— Geo. B. Roberts, Philadelphia, PH.
Vice- President— Frank Thomson. Philadelphia, Pa.
Secretary— John C. Sims, Philadelphia, Pa.

119

PHI-PIT.

POOR S DIRECTORY OF RAILWAY OFFICIALS.

675—679

675 Philadelphia, Wilmington and Balti-

more lilt. -- C.HI tilt Ui-ll .

A**t. Ses.—T). S. Newhall, Philadelphia. Pa.
Treasurer— Robt, W. Smith. Philadelphia, Pa.
A.<«L to Treas.— Samuel E. Dickey. Philadelphia, Pa.
Sec. Branch Roach— Robert H. Groff, Philadelphia, Pa.

Transportation I)<-pitrtinn,f.
fa i,. Manager— Ch&*. E. Pugh. Philadelphia Pa
Chief Engineer— Wm. H. Brawn, Philadelphia, Pa
Asst,. Chief Eng.— Jos. T. Richards. Philadelphia, Pa.
G. S. Mot. Power— Theo. N. Ely, Alto- na, Pa.
G. S. Trangp.—S. M. Prevost, Philadelphia, Pa,
Gen. Superintendent— E., P. Kenney, Philadelphia, Pa.
Gen. Agent Baltimore— Q. C. Wilkins, Baltimore, Md.
Sup. Mot. Power— R. E. Marshall. Philadelphia, Pa
Eng. Main, of in///— A. Feldpauche, Philadelphia. Pa.
Master Sfech.—C.Q. Turner. Wilmington. Del.
Gen. Fore. Car Shop— W. H. Lungren, Wilmington, Del.
Gen. Car Insp.— H. Coulter, Philadelphia, Pa.
Fore. Pldla. Shop— Edgar A. Snare. Philadelphia, Pa,
Fore. W. Phila. S/iop^-J. W. Pennepacker, W. Phil., Pa.

fore. Say View r B'^ view» Balti-

Fore. Wash. Shop— Jesse Lescollett, Washington, D. C.
Fore. Fgt. Car Shops— R. F. Downs, Wash'gton, D. C.
fore. Pass. Car Shop*—J. Denny. Washington, D. «"!.
Ed. Fore. Eng. Md. Div.—A. O. Denio,Wilmington,Del.

A8En£(Ml°i)ev. f W' W- Atterbury, Wilmington, Del.
Ed. Fore. Eng. Cen. Div.—3oe\ M. Barben, Phila., Pa.
Rd. Fore. Eng. Dd. Div.—L. D. Tufts. Wilmington, Del.

Train Masl. Md. Dir.— Frank Carlisle, Wilmington,
Del. : Assts.— J. S. Pettyjohn. A. J. Hyland. Wilming-
ton. Del. : Chas. Howard, Gray's Ferry, Pa. : C. S.
Bell. Baltimore, Md. : Daniel P. McKeever, Washing-
ton, D. C.
Train Matt. Cen. Dir.— 3. G. Ruth, Media, Pa.

Train Matter Dd. JHv.—K. Mnrphey, Clayton, Del. :
Assts.— J. B. Book, Clayton, Del. ; E. R. Sipple, George-
town, Del.

Asst. Eng. Md. Din. -A.. E. Reed, Wilmington, Del.
Asst. Eng. Del.. Div.—S. C. Long, Clayton, Del.
Supt. Md. Div.—J. B. Hutchinson, Wilmington, Del.
Stipt. Cent. Dtv.—C. J. Bcchdolt, Media, Pa.
Supt. Del. Div.—R. L. Holliday. Clayton, Del.
Mast. Carpenter Md. Div.—J. L. Smith, WilnVton, Del.
Mast. Carpenter C. Dip.— M. H. Mancill, Oxford, Pa.
Mitxt. Carpenter Del. Dir.—B.. Seiders, Clayton, Del.

Superv. Md. Dir.-l. R. H. Seeley, Philadelphia. Pa. ;
2. A. H. Tinges, Wilmington, Del. ; 3. Robt. McClin-
tock, Pres. Sta., Baltimore, Md. ; 4. C. A. Weakley,
Bowie, Md. ; 5. R. M. G mndil, Washington, D. C.

Asst. titiperv*. Md. Dir.—l. G. La Trobe, Philadel-
phia, Pa. ; 2. D. Ash. Wilmington, Del. ; 8. A. R. Fille-
brown, Pres. Sta., Baltimore, Md. ; 4. F. R. L. Pircher,
Bowie, Md..: 5. A. J. Whitney. Jr., Washington, D. C.
Supv. Cen. Div. — R. R. Darlington, Avondale, Pa.
tf'tprs. Del. Div.—Jno. Mahoney, Clayton, Del.
Supv.Del.Md.&Va.R.R.—J. C. Smith, Lewes, Del.

Relief Department.
Sifpt.—iJ. A. Anderson, Trenton, N.J.
Asst. Stipt. Eel. Dipt.— Holmes D. Ely, Trenton, N. J.

Freight Department.

Gen. Fgt. Ayent—Wm. H. Joyce, Philadelphia, Pa.
Axsf,. Gen. Fgt. A.—U. A. Chipley. Philadelphia, Pa.
Coal Fgt. Ayt.—J. G. Searles, Philadelphia, Pa.
Div.Fgt.Agt.—Geo. Stephens, Philadelpliia, Pa.
Fgt. Claim 'Agent— F. D. Howell, Philadelphia, Pa.
Trav. Ayt.—F. A. Anteii, Philadelphia. Pa.
<?>™/> i«/o * Chas. D. Gauntt, Philadelphia, Pa.
A^W.-J T Dallas wilkins, Philadelphia, Pa.

Passenger Ih par hut // 1.

Gen. Pass. Aqt.—Jamex R. Wood, Philadelphia, Pa.
Asst. G. P. A.— Geo. W. Boyd. Philadelphia, Pa.

675 Philadelphia, Wilmington and Balti-
more K.R. — Confi.iiiH'-d.

(D. C. Walsh. Philadelphia, Pa.
Div. T. Agents! (Lines bet. Bait, & O.uan.) E. S. Youn",

| Baltimore, Md.

Gen.Bag. Agt.—Y. J. Mt-\Viulc. Philadelphia. Pa,
C<i* •/, ;<•-/•— Kennedy DulT. Philadelphia, Pa.
Advtng. Ayf.-F. N. Barksdale. Philadelphia. ]'a.

I'''r<-ln'^in</ I),-p<trtni>-itt.

Purchasing Ag<-tif— Enoch Lewis, Philadelphia. Pa.
Asst. Par.' Agt.— A. W. Sumner, Philadelphia, Pa.

Accounting I), partinent.

Comptroller— RvW\ W. Downing, Philadelphia. Pa.
AfAmL°RK<-£ ' M" ^^'^cimck, Philadelphia. Pa.
And. Fgt. AVr.'-Geo. M. Taylor, Philadelphia. Pa.
And. Coal Fgl. Rec.—Jvff. Justice, Philadelphia. Pa.
Asst. And. /'«**. If H».— \. J. <;illinirham.Philadera. Pa,
Aud. Disb.—S. D. Greene. Philadelphia, Pa.
Asst. Aud. Disb.—O. A. Knipe, Philadelphia, Pa.

Legal Depart inet>t.

Gen. Solicitor— 3 o\\\\ Scott, Philadelphia, Pa.
Asst. Gen. Sol.— Jem. A. Logan, Philadelphia, Pa.

Real Estate Department.

Real Estate Agent— Jno. C. Wilson, Philadelphia. Pa.
Chief Conveyancer— Geo. W. I. Ball, Philadelphia, Pa,

Jiixuraiice Department.
Insurance Agent— Hugh B. Ely, Philadelphia, Pa.

676 Phillips and Ran-* ley RR.

President— Arthur Sewall, Bath. Me.

Sec. & Treas.— Geo. W. York, Portland, Me.

pt !" L> H' Wheaton' Phillips, Me.

Purch. Agt. &Gen. Matt.— Payon Tncker. Portland. Me.
Gen. Tki. Agt.—F. E. Boothby. Portland, Me.
Gen. Fgt. Agt.— W. S. Eaton, Portland. Me.
Gen. Counsel— Y. E. Timberlake, Phillips, Me.

677 Pine Bluff, Monroe and New Orleans
Ry.

Gen. Man.— 3, Renwick Campbell, Pine Bluff, Ark.
President— C. M. Neel, Pine Bluff. Ark.
Vice-President— T. F. Burks, Pine Bluff. Ark.
Sec. &. Treas.— G. M. Neel, Jr., Pine Biuff, Ark.
Chief Engineer— 3. J. Martin, Pine Bluff, Ark.
Gen. Fgt'. A. Pass. Agt.— Ben Buck, Pine Bluff, Ark.
Road Master— 3 o\\u McCrery, Pine Bluff. Ark.
Superintendent— J ". R. Taylor, Pine Bluff, Ark.

678 Piue Creek Ry.— (See Fall Brook Coal Co.)

679 Pittsburgh, ami Castle Shannon ItR.

President— Walter Chess. Pittsburgh. 1'a.
Vice-Preside nt— .Tames M. Bailey. Pittsburgh. Pa.
Treas. & Sec. — E. J. Reamer. Pittsburgh, Pa.
Supt. <(' I'lircli. Agt.—O. A. Rogers. Pittsburgh. Pa.
Chf. En*f.— Samuel Diescher. Pirtslmr-h, Pa.
Gen. Tkt. Agt. - John Hrieh, Pittsburgh. Pa.
Gen. Fgt. Afft.—JL. T. Scott. Pittsburgh. Pa.
Counsel— S. Schoyer. Jr.. Pittsbnigh, 1'a.
Muster Mfli.—ll. Ward. Ca>rle Shannon, Pa.
Mast. Car liblr.- -It. A. A. Patterson. Pittsburgh, T'a.

Industrial Securities are now attracting widespread attention throughout this
country. Full information in reference to all the leading industrial corporations whose
securities are of public interest will be found in Poor's Hand-Book of Investment
Securities; price, $4 per copy. Special investigations and reports made by Poor's
Bureau of Information and Investigation, 70 Wall St., New York.

120

TlT-PoR.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

680-694

680 Pittsburgh and Lake Erie RR.

7V- ,1- Om. .V>//».— John Newell. Chicago, 111.
IV. ••-/'/.>. -J. H. K"c»i. Pittsburgh, Pa.

/Vw/x.-J.G. Robinson. Pitf^iii-h. Pa.

• • «,. M. Beach, Pittsburgh, Pa.
W<v;/i>/---Kiiox .t Heed. Pittsburgh, Pa.
J ,,./;t»i— c. 11. P.ron<on, Pittsburgh. Pa.

J. 15. Yohe. Pittsburgh, Pa.
tot—A. E. Clark. Pittsburgh. Pa.
.'. J'//.— F.A. Dean, Pittsburgh, Pa.

>\'<n/.— F. E. Hou^e. Pittsburgh, Pa.

""'

BWr.-J. E. Simons. Chart UTS. Pa.
•;-•. ,(• .!/,/.>•'. <'nri>.— G. H. Sole?, Pittsburgh, Pa.

Juo. T. Keith. Charti.

7Vv/;/4 Dispatcher— C. L. Gist, Pittsburgh, Pa.
<•<//•' Aci'»»»f<ttit— C. H. Teal. Pittsburgh, Pa.
PnrcJi. Ar/t.—ll. Evans. Pittsburgh, Pa.

.l,,,.,,/_H. S. Keihl. Pittsburgh, Pa.
!/'/.-/,/• Cter />./;///./•— Wm. O. Quest. Chartiers. Pa.

< •'//•. /,'.,,. -P. L. Redding, Geo. F. Naylor,
Chanters. Pa : \V. H. Tallman. Dickcrson Hun. Pa ; W.
H. Klingensmith, Youngstown. O.

681 Pittsburgh and Western Ry.

President— Henry W. Oliver, Allegheny. Pa.

'/—A. J. Thomas. New York. X. Y.
i/.///.— J. T. Odell. Baltimore. Md.

686 Pitt thuruli, Ohio Valley and Cincinnati
RR. Co.

• -A. J. Warner. Marietta. O.
Tre<i*nrT T. H I1.. M.-Kniirht. Pittsburgh, Pa.

^ H. Ligi:eti. Pittsburgh, Pa.
CMtf Knriinrer— M. J. Becker. Pittsburgh, Pa.

687 Pittsburgh, Sheiiango and Lake Erie
RR.

Prett.— Samuel B. Dick. Meadville, Pa.
r;.>-/jrv .•.•;/./»••// /--A. C. Huidekoper, Meadville, Pa.
,,,„. _}/„„.— J. T. Blair. Greenville, Pa.

••//•// null .["•</. P. K. McCray, Meadville, Pa.
Treasurer -Daniel Moon-. Meadville, Pa.

' .,-/„*,/— Henlein & Templeton, Greenville, Pa.

1 GXS02J<* ! W <;' S;»^;lllt- Meadville. Pa.
ffen, F<jf. -i'/r-W. H. Uarn-tt. Meadville, Pa.
Mast. Mech., Mart. Car Print. A E nichardson. She'

>"///. of JJr.—E. Fisher. Greenville, Pa.

Road l\[after — G. W. Con.-idme. Fredonia, Pa.

M . Trui'x. (t- G. -l.-M. L. Ostfrhout. Greenvilie, Pa.

i'hl-f Engiinn-— Fred. P. James. Mercer, Pa.

' '* "J' F' white-

&crtt''t/->/—T. J. Crump, Allegheny. Pa.

W. H. Duffell. Allegheny. Pa.
Auditor— 3. L. Kirk. Allegheny, Pa.

Vest. a- l.iik,- ZHtw. I Wm. Truby. Xew Castle
and P^-s. t{- To/. ER. \ June., Pa.

- •./,/. ,(• Pnn:ti. Agt.—3.\. Patton. Allegheny. Pa.
Ffft. Tiaf. Ifan.— Frank Harriott. Baltimore. Md.
Fat. Af/t.— W. L. Cromlish, Allegheny,. Pa.
' , \ C. W. Bassett. Allesrhenv, Pa.. C. O.
Gen. Pa&. Ayt*. - Scullj Baltimore/Md/
Chief Engineer— Pval Didier. Allegheny. Pa.
Gen. U.x'id JlA/*/.— L. P. Baker. Allegheny. Pa.
Sn.pt. Br*. (C- BvUeK»a*—A. S. 3Iarkley. Alle<rheny. Pa.
Car Accountant— &. G. Stothard. Allegheny. Pa.
Gen. Agt. <k Paymaster— J. J. Saint. Allegheny. Pa.
l[n*t. .Vtch.—3'L. Brown. Allegheny. Pa.

. Cur Bu&kr— Thos. Anderson. Allegheny. Pa.

682 Pittsburgh, Akron and Western RR.

P/v-v. a- (r^/i. (~'i>>Di*fl — W. A. Lynch. Akron. O.
T'< >-/J/v>.— A. L. Conger. Akron, O.

W'in(/'/t>: — Win. Sempie. Allecrheny. Pa.
Gen. S»]>t. <t Purch. Ayt.—C. W. Kisley. Akron, O.

AC!i- "p,?™' F\gt '• W" S' Taylon AkrolU °-
/•— Jno. H. Sample. Akron, O.
J.W. Au'lifor— Jno. T. Eaton. Akron. O.
Mutt*,- M-i-1,,1,,1,*— B. F. Mar-hall, Delphos, O.
Kos.nl Mtxhr— John Dolt, Delphos, O.

683 Pittsburgh, Chartiers &]Youghio-
gheny Ry.

F/^.-i'/t/it — James McCrea. Pittsburgh. Pa.

.1 ».-/•/.— R. T. Hi 1. Pittsburgh. Pa.
Trr<t.t>irrr— T. H. B. McKnicht, Pittsburgh, Pa.
o/y>/.__j. B. Safford. Chartiers, Pa.

r~Wm- Flahavhan. McKe's Rocks, Pa.
. Murray, Mansfield Valley. Pa.

684 Pittsburgh Junction RR.

t— Thomas M. Kinir. Pittsburgh. Pa.
•Pr^tidfiU—Willitxa Van Kirk. Pittsburgh, Pa.
Sec. ct A>idlt»r—3. A. Smith, Pittsburgh, Pa.
-'/re?' — Robert Wardrop. Pittsburgh, Pa.

685 Pittsburgh, Marion and Chicago Ry.

Piv*i'lti)f—'S. B. Billingsley, New Lisbon, O.
Tim-titi-n- — Henry M. Curtis. New York. N. Y.
>v, •/•• f<i.ry—l\. W.Tayler. New York. N. Y.

. tt Purch. 'Af/f.— N. F. Wood. New Lisbon, O.

—Vf. H. Benson. Ne\v Galilee, Pa.

6S8 Poutiac, Oxford and Northern RR.

Premlerd—G. W. Debevoise. Xew York, X. Y.
Vir-Preg. d- TVvw.— Hujrh Porter. New York, X. Y.

••irtj— Wm. H. Murphy. New York. N. Y.
U>>/. See. d A*»f. Tr>-i.r*.—F. H. Carroll. Pontiac. Mich.
S tpt.tO.P. ,('F.Ayt.—3. Houston. Pontiac. Mi-h.
Auditor d Purch. Arit.—\\. C. Sanford. Pontiac. Mich.

r' Eh'i.— (T.A.Xettleton. Pontiac. Mich.
Mart. J/evA. — F. II . Xeward. Pontiac. Mich.
Attorney— A.. C. Baldwin, Pontiac. Mich.
Sttpt. of Ttlerj.—G. W. Dickinson. Pontiac. Mich.
Una,! Mutter— Michael shea. Pontiac. Mich.
F- >/'>•//(. Wnfet S'ipi»ly— Frank Xettleton, Pontiac. Mich.

689 Pontiac Pacific Junction RR.

Pt+sirhnt—L. Ruggles Church. Montreal. P. Q.
I";, --Pre*, d- Mo».jMr.— H. J. Beemer. Montreal P. Q.
I'rea*. A Ami.— Herbert L. Maltby. Montreal, P. Q.

i Piii/muster — Frank Brennan. Montreal, P. Q.
- Engineer— Vf. D. Harris. Ottawa, Out.
Mtxt. Mi-rh . A- (.'ar Iir.—(r. W. Paagbttrn, Aylmer. P. Q.

<~'o/)*tr.—A. Howard Leggo. Ottawa. Ont.
Road Jla*ttr—3o*. Leslie. Aylmer, P. Q.

690 Port Miiitoii Short Line Ry.

Pi--*. & Tt't'i*.— Edgar H. Brennan. Port Clinton, O.
Secretary— J. H. Buck, Port Clinton, O.

691 Port Edwards, Centralia and Northern
RR.

./— \V. A. Scott. Merrill. Wis.

w/v. (f P'tr. Af/t.—T. B. Scott. St. Paul, Minn.
Qen. Mannr/tr—A. A. Hopkins. Marshfield. Wis.
Tkt. d- F'jt. A'/t.—P. M. Ualloran. Marshlield. Wis.

69'i Port Jervis, >Ioiiticello and Ne\v York
RR.

President— P. E. Faruum, Port Jervis. X. Y.
Vice-Pre*i'Jen.t— Wade Buckley. Port Jervis. X. Y.
irf-n. Affor/te.y—O. P. Howell, Port Jervis. X. Y.
Treat, d .»..-.'— W. H. Nearpass. Port Jervis. X. Y.
<r'H. M'ln.. Tkt. d- Ffft. A gt..>_ B. Ryall, Port Jervis,
.J/'/v/1. Tr'tii*. d- P" !•'•/(. A'/f. \ N.Y".

..i'/'/.d'''//'.l,v/'.— Geo. M. Wells. Port Jervis, X.Y.
.Vitftti—A. Van Aken. Port Jervis. X. Y".

693 Port Royal and Augusta RR — ('See Central

RR. and Banking Co. of Georgia.)

694 Port Royal and Western Ry.— ('See Central

RR. and Banking Co. of Georgia.)

POR-QUE.

POOE'S DIRECTORY OF RAILWAY OFFICIALS.

<»95-708

695 Portland and Rochester RR.

President— George P. Westcott, Portland, Me.
Treas. & Sec.—W. II. Conant, Portland, Me.
Supt. & Pur. Agt.-J. W. Peters, Portland, Me.
Gen. Tkt. Agent— G. J. Wiggin, Portland, Me.
Gen. Fgt. Agent— T. P. Tolman, Portland, Me.

I' ^ Morrill, Rochester, N. H.

s E" H.C.Tornpson, Portland, Me.

For. Car Pntiv.—J. B. Hudson, Portland, Me.

69« Portland and Rumford Falls Ry.

President— Hugh J. Chisholm, Portland. Me.
Superintendent— L. L. Lincoln, Portland, Me.
Treas. & Gen. Tkt. Agt.—R. C. Bradford, Portland, Me.
Chief Engineer— F. Danforth, Portland, Me.

697 Portland and Vancouver RR.

President— 3. B. David, Portland, Ore.

Vice- President — Cleveland Rockwell, Portland, Ore.

Sec. & Attorney— Geo. H. Durham, Portland, Ore.

Treasurer — R. L. Durham, Portland, Ore.

Auditor & Asst. Treas.— R. C. Stratton, Portland, Ore.

Gen. fiupt.—G. C. Grimes, East Portland, Ore.

Gen. Tkt. Agt.—H. H. Holmes, E. Portland, Ore.

69S Port Townsend Southern RR.

President— W. H. Starbuck, New York, N. Y.
Vice-Pres. & Gen. Man.—G. J. Smith, Seattle, Wash.
Sec. & A>/d.—J. T. Campion, Seattle, Wash.
Treasurer— Oregon Improvement Co., Seattle, Wash.
Gen. Supt.—B. F. Bush, Seattle, Wash.
G. F. & P. A. & P. A.—U. J. Green, Seattle. Wash.
Mast. Much. & Car Sep.— G. F. Hobart, Seattle, Wash.

699 Potomac, Fredericksbur«>- & Piedmont
RR.

President— L. H.Richards, Philadelphia. Pa.
Gen. Man,. & Tr.—W. H. Richards, Fredericksburg, Va.
Acting Sec.— S. G. Daniel, Fredericksburg, Va.
Road Master— W. Goldsmith, Fredericksburg, Va.
Mast. Carpenter— W. Livingston. Fredericksburg, Va.
Master Mach. — W. P. Jotmsun, Fredericksburg, Va.

TOO Prescott and Arizona Central RR.

Pres. cfe G. M.— Thos. S. Bullock, New York, N. Y.

Vice- President— J. J. Fisher, St. Louis, Mo.

Xd Vice- President— lingo Richards, Prescott, Ariz.

Treasurer— W. N. Kelly, Prescott, Ariz.

Sec. & Aud.— Lemuel H. Wilson, New York, N. Y.

Gen. Svpt.—W. P». Jones. Prescott, Ariz.

Supt. Bridges— W. C. Potts, Prescott, Ariz.

Supt. of Teleg.—li. H. Hetherington, Prescott, Ariz.

701 Prince Edward I si mid Ry.— (See Canadian
Government Rys.t

702 Profile and Franconia Notch. RR.

President— Benj. A. Kimball, Concord, N. H.
Treasurer— J. F. Websier, Concord, N. H.
Gen. Manager— T. A. Mackinnon, Concord, N. H.
Clerk — John P. George, Concord, N. H.
(Jhi«f Enqine.tr— F. A. Merrill, Concord, N. H.
Gen. Tkt. Agent— Y. E. Brown, Concord, N. H.
Gen. Fgt. Agt.—D. C. Prescott, Concord, N. H.

703 Prospect Park and Coney Island RR.

Pres. & Pur. Agt.— Andrew R. Culver, Brooklyn, N. Y.
Tr&Tmnx' ifltf f A> C' Washington. Brooklyn, N. Y.
Secretary — H. A. Faron, Brooklyn, N. Y.
Eng. , Ft. A. & Supf.—R. Schermerhorn, Brooklyn, N. Y.
A i'di tor— Albert B. Bierck, Brooklyn, N. Y.
(J wider— Lysander Stacv, Brooklyn, N. Y.
Master Mech.—H. H. Missimer, Brooklyn, N. Y.
For. Car Rprs.—Da,me\ Slater. Brooklyn, N. Y.

For. Car Pntrs — James Carney, Brooklyn, N. Y.
r— Philip Ryan, Brooklyn, N. Y.

Road Mast.er-

704 Providence, Warren and Bristol RR.—

(This road is now leased to and operated by the OU1
Colony RR. Co.)

7O5 Quebec and Lake St. John Ry.

President— Frank Ross, Quebec, Qne.

Vice- President— E. Beaudet, Quebec, Que.

Vice-President—Simon Peters, Quebec, Que.

Sec. & Manager — J. G. Scott, Quebec, Que.

Auditor— James Piddington, Quebec, Que.

Gen. F. & P. Ag. — Alexandra Hardy, Quebec. Que.

Asst. Supt.— P. Allen, Quebec, Que.

Chief Engineer— E. A. IJoare. Quebec, Que.

Asst. Engineer — S. S. Oliver, Quebec, Que.

Cons. Engineer — A. L. Light. Quebec, Que.

Mast. Mechanic— M. Wakefield, Quebec, Que.

Road Master — John Carpenter, St. Raymond. Que.

Parch. Agent — A. Vallerand, Quebec, Que.

Paymaster — John Lynch, Quebec, Qne.

Fuel Agent — Jules Belanger, St. Raymond, Que.

?06 Quebec Central Ry.

President— Edward Dent, London, Eng.

Secretary — Thos. Liudley, London, Eng.

G/-II. Manager — Frank Grundy, Sherbrooke. Que.

Superintendent— h., Steele, Slierbrooke, Que.

Gen. Fgt. <6 Pass. Agt.— J. H. Walsh, Sherbrooke. QUO.

Acting Cashier— A. H. Anderson, Sherbrooke, Quo.

Chief Engineer — E. Berryman, Sherbrooke, Quo.

Car Accountant— R. Keeler, Sherbrooke, Quo.

Mast. Mechanic— Same* Severight, Sherbrooke, Que.

Bridge Inspector — John Farquhar, Sherbrooke, Que.

Road Master— F. X. Confine, St. Mary, Que.

707 Q,uebec, Montmoreiicy and Cliarle-
voix Ry.

President— H. J. Beemer, Montreal, Que.
Vice-president- P. P. Hall, Quebec, Que.
Treasurer— E. P. Wurtele, Quebec, Que.
Secretary — Lawrence Lynch, Quebec, Que.
Manager-— G. S. Cressman. (Quebec, Que.
Gen. Superintendent— \\T. R. Kussell, Quebec, Que.
Chief Engineer— E. A. Hoare, Qnebec, Que.

708 Queeii and Crescent Route.

GENERAL OPERATING OFFICERS.
(7., N. 0. & T. P. /,'//.. A. G. S. RR.
Chairman of Board— Samuel Thomas, New York, N. Y.
President— •&. M. Felton. Cincinnati, O.
Vice- President— Henry Fink, New York, X. Y.
Vice President— G. C. Harvey, Cincinnati, O.

N. 0. & N. E. RR.. A. & V. R>j.. and F., S. A P. RR.
President— Charles Schiff, Cincinnati. O.
Vlce-Preeldenl—G. C. Harvey, Cincinnati, O.

E., T., V. cfc G. Ry. Co., lessee Louise. S. Ry.
Chairman of Board— Samuel Thomas, New York, N. Y.
President— W. G. Oakmau. New York, N. Y.
Vice-President— Henry Fink, New York, N. Y.
Vice- President— Calviu S. Brice, New York, N. Y.
I 'ice- President— -S. M. Felton, Cincinnati, O.

Queen and Crescent Route ami, Louisrille s<»(iJ<rr>< llij-
Gen. Counsel — Edward Colston, Cincinnati, O.
Gen. Manager— R. Carroll. Cincinnati, p.
Comptroller— Chas. H. Davis. Cincinnati, O.
Asst. Cornpt. — Larz A. Jones, Cincinnati, O.
Treasurer— R. H. Tatem, Cincinnati. O.
Paymaster— Chas. Patton, Cincinnati, O.
Chief Engineer— G. B. Nicholson. Cincinnati, O.
Supt. Mot. Pow. & J/ac/i.-Jas. Meehau, Ludlow. Ky.
Insp. Bridges & Buildings— M. Walsh. Cincinnati. O.
Car Accountant— S. O. Parker, Cincinnati, O.
Purch. Agent— George W. Stevens, Cincinnati. <>.
Traffic Manager— D. Miller, Cincinnati, O.

Railroad Bonds are fully and minutely described in Poor's Manual of Railroai
which is now in its 25th year. It is the standard authority. Send for circular. H. V.
& H. W. Poor, Publishers, 70 Wall St., New York.

1 '}'}

JL /v/v

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

708-716

708 Queen and Crescent Route. —

i, -n. Pass. Agt.— D.G. Edwards. Cincinnati. ().
Attt.Qtn.Fat. A P(U9. A'/t.—l. Hardy. Yicksbnrg. Miss.
Asst. Gen. Fiit. Af/t.—G. P. Bile*. Cincinnati, o.

/luggage Agent — F. A. Zimmerman, Cincinnati, O.

CORPORATE AND DIVISION OFFICER*.

Great Southern RR.

Secretary •— L. M. Schwan. 80 B'way, New York, N. Y.
•>f Huf/titu •/•— \V. c. Jewett, Chattanooga, Tenn.
He-idutt Engineer J. C. Haugh. Birmingham. Ala.
7><V. />/f. Agt. — Don Alexander. Chattanooga, Tenn.
Die. Fgt. Afft.— 1. F. Steele. Birmingham, Ala.
Dir. Pa**. Agt.—E. T. C'harltou, Chattanooga, Tenn.
Superintendent— J&s. Mi-Carry. Birmingham, Ala.
Tr. Mast.. 1st Dir. — L. F. Henningron. Birmingham. Ala.
Train Mast., 'Zd Dir.—J. J. Pardon, Birmingham, Ala.
Die. Mast. Mech.—3. P. McCnen. Birmingham. Ala.
Road Muster. \st Dir.— P. Nolan. Birmingham, Ala.
Ro< t i.l Master. -2d Uir.—'M. A. Zook. Birmingham. Ala.

^om . Birmingham. Ala.

Cincinnati. Xeic Orleans tf- Texas Pacific Ry.

•<ir>j— H. H.Tatem, Cincinnati, O.
Superintendent— A.. Griggs. Somerset. Ky.
Reside/it Engineer— W. ('. Jewett. Chattanooga, Tenn
Dir. Fgt. Agf.—Doii Alexander, Chattanooga. Tenn.
Dir. Pass. Agt.—E. T. Charlton. Chattanooga, Tenn.
Train Master. 1st Dir.— P. Callahan. Cincinnati, O.
Tr'n Mast., M Div.—D. E. Meade. Chattanooga, Tenn.
Road Master. 1st Div.—ll. Bowen. Somerset. l\y.
Road Master. 2d Dir.— Robert Mtillane, Somerset, Ky.
Dir. Master Mechanic— T. Walsh. Somerset. Ky.
Die. Master Mechanic— .P. Schreiber. Chattaifga. Tenn
Master Car Builder— John Richardson. Ludlow.- Ky.
// Shop Foreman— F. J. Zerbee, Ludlow. Ky.

Gen. For. Bridges i
cl- Bldgs.

J. F. Carpenter, Somerset. Ky.

Xen: Orleans it Xortheaste.rn RR.

Sec. ct Resident Agt. — John Glynn. New Orleans. La.
Superintendent — A. Clark. New Orleans. La.
Die. Fat. Agt.— A. F. Barnett. New Orleans. La.
Di'c. Pass. Agt. — Robert Garrett. New Orleans, La.
Reside/it Engineer— J. C. Haugh, Birmingham, Ala.
Dir. Master Meek.— 3 . G. Tomlinson. Meridian. Miss.
Train Masfer-C. C. Fleming, New Orleans, La.
Road Master— M. Rowan, New Orleans, La.

T-

Alabama and Vicksburg Ry.

Secretary— H. H. Tatem. Cincinnati, O.
Superintendent— W. W. Bond. Vicksbnrtr. Miss.
A**t. Gen. Fgt. ,1- Pa*x. Agf.—l. Hardy. Vicksbnrg, Miss.
Resident Engineer—^. W. Stubbs, Yicksburg, Miss.
Train Master— M. Thornton, Yicksburg. Miss.
Road Master— W. R. Ferguson. Yicksbliri?. .Miss.
Dir. Mast. Mech.—J. G. Tomliuson, Meridian. Mi<s

, Mi,,
C'ommr.—F. Y. Anderson. Birmingham, Ala.

Yicksburg, Shrei-ejwrt and Pacific RR.

Secretary— D. Graff, New York. N. Y.
Superintendent— W. W. Bond, Yicksburg. Miss.
-!>>'{. Gen.Ff/t. <«• ^/.*.v. .-i^._i. Hardy, Yicksburg. Miss.
Resident Engineer— L. \Y. Stubbs. Yicksburg, Miss.
/ Master— H. Thornton, Yicksburg, Miss.
Master— H. Curry. Yicksburg. Miss.
Master Mechanic— J '. C. McCarthy. Monroe, La.

Commr.—F. Y. Anderson, Birmingham, Ala.

Tennessee, Va. & Ga. Ry. Co. ; Lessee Lonixvi'le
Sou. RR.

Secretary— ~L. M. Schwan. New York. N. Y.
Superintendent— J . F. O'Brien, Louisville, Ky.

70S Q,ueen and Crescent Route.— Continued.

Tniiri Master— H. S. Rearden, Louisville, Ky.
Masfrr—ll. Byrne, Lawrenceburg, Ky.

, '',%•''* !'D' E' Ho°Per' Lawrenceburg. Ky.

J)\i-. M-ixt. M>rfinnic—Y. P. Boatman, Harrodsburir, K\ .
Div. Pew*. Afft.—C. H. \Yoodwell, Louisville, Ky.'

709 Quincy, Oinaba and Kansax City Ry.

President— Chas. H. Bull. Ouincy, 111.
Tice-Pres. & G. .W.— Amos Green. Quincy, 111.
Tr-asurer—'E. J. Parker, Quincy. 111.
Secretary— C. H. Spencer, gainer, 111.
Gen. Solicitor— \V. McFadon. Quincy. 111.
He,,. Atryfor Mo.— 3. P. Butler. Milan. Mo.
FisC'il Agtx.— Cuyler. Morgan & Co.. New York. N. Y.
Atiditor—JohnUL Savin. Quincy. 111.
Fgf..Tkt.d- G>n. Iiti.g. A'/f. — W. c. Modisett. Qiiincy.Ill.
Boad Master— John'Sodestrom. Green City, 111.
Supt. Transportation— C. E. Soule. Quincy, III.
Snpt. Telegraph— A. B. Cowen. Quincy. ifl.
Traffic Man.— J. H. Best. Quincy. Ill
. Jffch.—Jno. Yoorhis, Quincy, 111.

710 Kaleigli and Augusta Air Line.— (See

Seaboard Air Line.)

711 Raleigh and.Gaston RR.— (See Seaboard

Air Line.)

714 Raritau River RR.

Pre*.— Edward H. Ripley. Fuller Bldg... Jersey City.N. J.
]"«•• -Pi **. — Win. ForsteV. Jr., Jersey City. N. J. "
See. «(• And.— Frank H. Earle. Jefeej City. N. J.
Tr>-a.«'//-tr—\\'m. G. Bumsted, Jersey City. N. J.
Superintendent— Fr&nk Hoffman. South Amboy. N. J
Chf. Eng.—E. W. Harrison. Fuller Bldg., Jersey C.. N. J.

713 Raveits\vood, Spencer and Glenville

Pr-*idetit—\Vm. \Yoodyard. Spencer, W. Va.
Vice-President— J. A. Mclntosh. Raver.swood. W. Ya.
Secretary -D. W. Chapman. Spencer. \Y. Ya.
Treasurer— C. C. Smith, Spencer. W. Ya.
Chief Engineer— Thos. Petticrew. Ravenswood, \Y. Ya.
Purck.Agt.—Q«O. \Y. Thompson. Parkersburg. W. Ya.

714 Reading and Columbia RR.

Pres. ct Gen. Man.—\. A. McLeod, Philadelphia. Pa.
Treas. ct- Trans. Aat.—John \Yelch, Philadelphia. Pa.
Secretary— Howard Hancock. Philadelphia. Pa.
Asst. Gen. Man.— I. A. Sweigard. Philadelphia, Pa.
General Sni>t.—^l. F. Bonzano, Philadelphia. Pa
Chief Engineer— B.. K. Nichols. Philadelphia. Pa.
Superintendent — A. M.Wilson. Columbia. Pa.
Gen. Pans. Agt.-C. G. Hancock. Philadelphia. Pa.
Gen. Fgt. Ag't.—B. H. Bail. Philadelphia. Pa.
Purchasing Agent— A.. Foster. Philadelphia, Pa.

71-3 Redondo Ry.

Pres.tk G. J/.— Geo. J. Ainsworth, Redondo Beach. Cal.
Vice- Preside nt A \ R. H. Thompson, Redondo Beach,

Gen. Man. ~> Cal.

G. AucL.Sec. cC- Treas.—S. P. Rees, Redondo Beach, CaL
Gen. Counsel — Albert W. Stephens. Los Angeles, Cal.
Gen. Atty.— Sheldon Borden, Los Angeles, Cal.
Snpt. <{• Pur. Agt.—J. N. Sutton, Los Angeles. Cal.
Chiff Engineer— L. Friel, Los Angeles, Cal.
Man. Mechanic— W. P. Clinton. Redondo Beach, Cal
Road Mast.—T. Mahoney, Redondo Beach, Cal.

716 Red River, Sabiiie and Western Ry.

President— Max Elser. Fort Worth. Tex.
Vice-President— L. W. Lloyd, Marshall. Tex
Secretary— C. C. Allen, Fort Worth. Tex.
Treasurer— R. E. McAnulty, Fort Worth, Tex
Gen. Supt. ct- Chief En a.— I. C. Terry, Fort Worth. Tex

123

REY-RIO.

POOR'S DLRECTOKY OF BAILWAY OFFICIALS.

717-724

717 Reynoldsville and Falls Creek RR.

President— $. B. Elliott, Reynolds ville Pa
Vice-President— F. A. Bell, Buffalo, X. Y.'
Treasurer— Geo. H. Lewis, Buffalo. X. Y.
Superintendent— Geo. Mellinger, Reyuoldsville Pa
And. & Gen. Fgt. Agt.—Chtis. Clifton, Buffalo, N. Y.
Gen. Fgt. & Pass. Agt.— A.. G. Yates, Rochester, X. Y.

t BrMgt \ -R^hard Smith, Reynoldsville, Pa.

718 Richmond and Danville RR.

* F- w- Huidekoper, \ Atlanta, Ga., and
I Reuben Foster, f Richmond, Va.

President— W. G. Oakman, New York, X. Y.
1st Vice-Pres.— Vacancy.

2d Bce-Jf^w.— A. B. Andrews. Raleigh, N. C.
3d Vice-Pres.—Jno. A. Rutherford, Xew York X. Y
Treasurer— 3. W. Hall, Atlanta, Ga.
AMt. Treat.— W. II. Marbnry, Alexandria. Va.
./Sec. & As*t. Treat.— R. Brooke. Richmond. Va.
Assistant Sec,rftari/—\. J. Rauh, New York, N. Y.
Gen. Manager- -W. H. Green. Atlanta. Ga.
A«xf. fo Gen. Man.— 3. S. B. Thompson, Atlanta, Ga.
Traffic Man.— Sol Haas, Atlanta, Ga.
Am. Traf. Man.— J. M. Cnlp, Atlanta. Ga.
Gen. Agt.—L. L. McCleskey, Atlanta, Ga.
Gen. Fgt. Agt.—3. H. Drake, Richmond, Va.
Gen. Claim 'Agt.—W. H. Halsey, Atlanta, Ga.
Dip. Fgt. Agt.—G. S. Barnum, Birmingham, Ala.
Di>:. Fgt. Agt.—G. M. Borum, Lynchburg, Va.
Gen. Pass. Agt.— James L. Taylor, Atlanta. Ga.
Asst. Gen. Pa*ft. Agt.—W. A. Turk, Charlotte, N. C.
Div. Fgt. Agt.—D. Caldwell, Columbia, S. C.
Div. Fgt. Agt.— A. G. Craig, Charlotte, N. C.
Asst. Gen. Pass. Agf.—S. H. Hardwick, Savannah, Ga.
Gen. Counsel \H^l^^ltei'blicl1 & Johnson, New

Ass/. Gen. Counsel —Henry Jackson, Atlanta, Ga.
Auditor— M. C. Figg, Atlanta. Ga.
J.W. Aud.—H. C. Ansley, Atlanta, Ga.
Chief Engineer— G. M. Bolton, Atlanta, Ga.

Engineers Maintenance of Way — E. C. Dunn, Alexan-
dria, Va. ; T. J. Moncure', Richmond, Va. ; H. Lipps,
Jr., Raleigh, N. C. ; G. W. Payne, Asheville, X. C. ;
Thomas Bernard, Columbia, S. C ; R. Southgate, Co-
lumbia, S. C.; F. R. Bartlett, Atlanta, Ga. ; J. A. Dav-
enport, Birmingham, Ala.
Pur. Agt.— 3. P. Minetree, Atlanta, Ga.
Gen. Bag. Agt. —James II. Hill, Richmond, Va.
Supt. Mot. Power— R. D. Wade, Atlanta, Ga.
Asst. X>/pf. Mot. P.— A. W. Gibbs, Washington, D. C.
S>ipt. Telegraph— G. A. Darlton, Atlanta, Ga.
Mast. Car Bldr.—3. B. Vaughan, Richmond. Va.
Mast. Car Paint.— W. T. Ledford, Richmond, Va.

8U$:Z'o?m1? f T- °" Tro^ Alexandria, Va.
8>j,])t. H. & D. Div.—E. Berkeley, Richmond. Va.
Supt. West N. C. fiiv.—R,. R. Bridgers, Asheville, X. C.
Supt. A. <6 C. Div.—C. P. Hammond, Atlanta, Ga.

>Sl'&f 'Green Dic.°L \3' A" Dod^ Columbia, S. C.
SupL Ga. Pac. Div.—W. B. Ryder, Birmingham, Ala.

Division Master Mechanics — A. W. Gibbs, Alexan-
dria, Va.; S. D. Harris, Salisbury, X. C.; J. H. Green,
Columbia, S. C.; W. A. Walden, Atlanta, Ga.
Gen. E. Pass. Agt.—U. P. Clark, Xew York, X. Y.
Eist Pass. Agt.—R. Q,. Cordner, Xew York, X. Y.
Gen. Agt.—L. S. Brown, Washington, D. C.

f B. M. Hanson, Boston, Mass.
| John Metcalfe, Montgomery, Ala.
TW/H J>ne<, Ant* j J- M- Means, Houston, Tex".
Trav.Pass. Agtt>. <j c L Hopkin8f charlotte, X. C.

j John M. Beall, Lynchburg, Va.
i.Sam'1 B. Webb, Little Rock. Ark.
f G. B. Manly, Atlanta, Ga.
| C. P. Chandler, Athens, Ga.
c ?• 't- « A t I W. A. Moody, Binnlneton, Ala.
Soliciting Agts. < Wm jone,/jack8onvllle, Pla.
j E. J. Martin, Winona, Tex.
[C. W. Harwood, Richmond, Va.

719 Richmond and Petersburg RR. — (See
Atlantic Coast Line.)

720 Richmond, FVedericksburg and Poto-
mac Ity.

Pres. tfe Gen. S>i»t.—E. T. D. Myers. Richmond, Va.
Sec. & Treas.—3. B. Winston, Richmond. Va.
Supt. <6 Parch. Agt.—'Y. L. Courtney, Richmond. Va.
Traffic Manager— C. A. Taylor, Richmond, Va.
Master Mech.—3. T. Bryant, Richmond. Va.
Auditor —Joseph E. Cox. Richmond, Va.
Sitpt.of Mot. Power— J. T. Bryant, Richmond, Va.
Ma*t. Cur /;///?•.— W. II. Trainhsm, Richmond, Va.
M(t»t. Cor P(tii<tn-—yi. P. Whitelmrst, Richmond, Va.
Mast. Road C'arp.—S. B. Rice, Ashland, Va.
Car Accountant— W. T. Tyrer, Richmond. Va.

731 Richmond, IViclioIasville, Irvine and
Beattyville RR.

Receiver— John McT>eod, Louisville, Ky.
President— John W. Stine, Louisville, Ky.
Gen. Counsel— f. H. Bullitt, Louisville. Ky.
Superintendent— W. H. Adams, Richmond. Va.

CaC'en' ™' \G~ M' Browning, Versailles, Ky.

Purch. Agt'.—S. T. Copeland. Louisville, Ky.
Auditor— V. M. Xourse, Louisville, Ky.

732 Rio Grande RR.

President— Jas. A. Browne, Brownsville. Tex.
Sec. <& Treas. — Jose Celaya, Brownsville, Tex.
Gen. Counsel & Affy.—J&K. B. Wells, Brownsville, Tex.

^&Trjtf''jfan*' [Simon Celaya, Brownsville, Tex.
C. Eng.rf- M.Mach.— Geo. W. Randall, Brownsville, Tex.
Gen. Auditor — Geo. Tripland, Brownsville. Tex.
Gen. Ticket Agent-- H. Sherwood, Brownsville, Tex.
Gen. Freight Agent— John J. Egan, Pt. Isabel, Tex.
M<t«t. Car R., Supt. Brdgs. I C'has. IIag<rstron, Browns-
& Eoad Master. \ vffle,TXX.

723 Rio Grande and Eagle Pass Ry.

President— Charles B. Wright, Jr., Philadelphia, Pa.
Vice- President— E. A. Atlee, Laredo, Tex.
Gen. Man.—W. L. Giddens, Laredo, Tex.
Treasurer & Sec.— John Z. Leyendecker. Laredo, Tex.
Local Counsel — Atlee & Earnest, Laredo, Tex.
Gen. Counsel— Silas W. Petit, Philadelphia, Pa.

724 Rio Grande Junction Ry.

Chairman — George Coppell, New York, X. Y.

I^roxtdent & Gen. Man.— Y.. T. Jeffery, Denver, Col.

Sec. & Asst. Treas.- William Wairner. Denver, Col.

Joint Gen. Man.— II. Collbran, Colorado Springs, Col.

Comptroller— Stephen Little, Xew York,X. Y.

Gen. Counsel— E. O. Wolcott, Denver, Col.

Gen. Superintendent— N. W. Sample, Denver. Col.

Supt.— W. G. Choate, Rifle. Col.

Twtxiirer—3. W. Gilluly, Denver, Col.

Auditor— E. R. Murphy, Denver, Col.

Trnr /<»///' JW- B' Tuttle' c- Hauster, C. F. Ege,

Ttai.Auds^ Denver, Col.

Traf. Man.— A.. S. Hughes, Denver, Col.

G. Pass., Tkt. & Bag. Agt.—S. K. Hooper, Denver. Col.

As*t. Gen. Fgt. Agent— A. T. Wells, Jr., Denver. Col.

A. G. Pass. & Tki. Agt.—Y. A. Wadleii^h, Denver. Col.

Supt. MarJi.—'S. W. Sam])le, Denver, Col.

Chf. Eng. & S. Bdgs.—M. H. Rogers, Denver, Col.

Purchasing Agent— G. M. Hobbs, Denver, Col.

Car Acct.— E.'M. Horton, Denver, Col.

Fuel Agent— S. P. Birgle, Burnham. Col.

The Silver Question, up to the time of the resumption of specie payments, January
1, 1879, is ably treated by H. V. Poor in his work "Resumption and the Silver Ques-
tion;" price, $1, post free. Order of your bookseller, or send direct to the publishers,
H. V. & H. W. Poor, 70 Wall St., New York.

RIO-SAG.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

725-739

725 Rio Grande Sou* hern Uy.

It- Otto Mears, Denver, Col.

.). W. Gilltily. Denver. Col.
., .1. I.. MrXeil. Denver. Col.
Attornnj- Adair Wilson. Durnuiro, Col.
True. And.— ft. R. Hurst. Denver. Col.

,/, „,/, /(/_\V. D. Lee. Uid>_rway. Col.
<;,'/,. Tkt. A'/t. s. K. Hooper. Dt-nvt-r. Col.

Bag, Ar/t. — \. H. Lee. Denver. Col.
X'/jit. M«t. p. ,(• Tin'!, stfc. N. \V. Sumple, Denver, Col.
Car A<-''?.- E. M. Hot-ton, Denver, Col.

726 Kio Grande \VvMtrrn Ky.

•-/— W. J. Palmer. New York, X. Y.
l.s-/ Vio -/VA\— Geo. Foster Peabody. New York, N. Y.
•,V Ho -/'/,. s. ,(• £te». Mutt.— D. C. Dodge, Denver, Col.

^'rJ^':A^. ! Chas- w- Drake- Xew York' N- Y-

Etitt. (\r>i,,'xfl— Edward M. Shepard, New York. N. Y.
\tur R. Harkness, Salt Lake City. Utah.
.I/,-,,,.,,,.-, „ > Bennett, Marshall & Bradley, Salt Lake

>'/JM, / >,,f<:ndi:nt—\. E. Welby, Salt Lake City. Utah.
Auditor— Theron Geddes, Salt Lake City. Utah.

<'• /•— W. F. Colton. Salt Lake City, Utah.
Chief Engineer— Gvo. Goss. Salt Lake C'ity. Utah.
Resident 'Eiif/infi-r—E. J. Yard. Salt Lake City, Utah. .
G. Pats. d-Tkt. A.—J. H. Bennett. Salt Lake City. Utah.
Gen. Fr/f. Ac/t.—S. H. Babcock. Salt Lake City, Utah.
A*st. Gen. Fat. Agf.—J. Brinker. Salt L-ike City, Utah.
Mast. M*r/,.—,J. B. Dailey. Salt Lake City. Utah.
P'irch. Ayent—W. P. McElroy, Salt Lake City, L'tah.
Car Acct.—J. C Boscha, Salt'Lake City. Utali.

™tifrti£ !-S- °' S^der, Salt Lake City, Utah.

G> n.Jl<»(<l Mr*?, •)'— Thos. Lee, Salt Lake C'ity. L'tah.

S. Bdgs. & Bl<L— 3. L. Thompson. Salt Lake City. Utah.

CJif. Surf/eon— Y. «T. Bancroft. Denver, Col.

Trav. Pa*. Agt.—John Clark, San Francisco. Cal.

r zr / Ar,t * H. A. Johnson, Salt Lake City, Utah.

at . J-gt. Afftr- -t r w colby. San Franci-co, Cal.
Coinl. Ar/t. — Williamson Dunn, Los Aneeles, Cal.
Gen. Afft.—W. H. Snedaker, San Francisco, Cal.

727 Ripley and 31111 Creek Valley RR.

Pt't*i<!tnt—J. H. Riley. Marietta, O.

Vice-President— Warren Miller. Jackson C. H., W. Va.

Secretary -J. S. McKown, Jackson C. H.. W. Va.

Ge * \ Geo> W" T110111?^0"' Parkersburg, W. Va.

731 Rockaway Valley RR.

--.]. N. IMdcock, White House, N. J.
rm-JJr*xi'/rt,t—A\vu\i A. Chirk, SoineiTille, N. J.

!, New Germantown.N.J.
ten. *>ipt'.. ('. E.. 'r. F. ((• I 'ass.

.If//.. ;//•••//. Van., !'„«,. A,,f., , J. E. V.Melick. White
Mas. T/'ii/i., M'K-fi.. Cdi- I'niti. , House. N. J.

lid. Maxt. ((• P'irrh. Ar/t. J

732 Rock Island and Peoria Ry.

—H. R. Cable. Chicago. 111.
: Vice-President— A. Kimball, Davenport, la.

*Sf3S3:Jg* ; "• B- Sudlow' Eock Iela"d' I1L

! Gen. F<jt. <(• Tkt. Af/f.—ll. Stoekhouse. Rock Island. 111.
An'/ifor—'R. H. Hudson. Rock Island. 111.
Master Mechanic — Joseph Elder. Peoria 111
*»l>t. Ttler/.—U. P. Greenoutrh, Rock Island. 111.
; Road Master— 3. E. Breckenridge, (ialva, 111
, Siqjf. of JJri<lf/rv <(• ISldrjs.—C. W.'Cobb, Cambridge, 111.

733 Rock Port, Laugdoii and Northern
RR.

. Hunter. Rock Port. Mo.
Vice-P)*es.— John Lockwood, Rock Port. Mo.
Xtct'tt'inj .(• (ri-n. A ml.— John D. Dopf, Rock Port. Mo.
Treasurer— dobo W. Smith. Rock Port. Mo.
J .-•.-•/. Jfan.— George Freehoflfer, Rockport Mo

8V ;-H. Wencke, Rock Port, Mo.

734 Rockport RR.

President & Gen. Man.— P. J. Carleton, Rockport Me

'

Superintendent— E. F. Collins, Jackson C. H.. W. Va.

723 Rochester and Glen Haven RR.

President— Y. S. Minges, Rochester, N. Y.
Vice-President— Frank P. Crouch, Rochester, N. Y.

Secretary— -L. H. Lovejoy. Rockport, Me.
Chief Engineer— XL. M. Rollins, Rockport, Me.

1 735 Rock\vood and Tennessee River Ry.

President— K, S. Chamberlain, Chattanooga, Tenn.
| G. Man. <k Pur. A.—O. L. Hurlbut, Chattanooga. Tenn.
Gen. A>td.—~H.. K. Evans, Rockwood, Tenn.
i9u/ttHn&n4fen<--Willard Warner. Jr.. Rockwood. Tenn
Matter Mechanic— P. Sanborn, Chattanooga, Tenn.

736 Rogne River Valley Ry.

President— Wm. Honeyman, Portland, Ore.
Vice-Pre*. A Gen. Maii.—E.J. t)e Hart. Portland Ore
i Sec. & Treas.—W. A. Buchanan, Portland Ore
Gen. Supt.—3. W. Graham, Medford, Ore.
Road Master- D. W. Allberry, Medford, Ore.

737 Rome Railroad (Ga.).

Gen. Ticket Agent— A. F. Ravaret, Rochester. N.Y.
Parch. Agent— John B. Ward, Rochester, N. Y.

729 Rochester and Lake Ontario Ry.

Pice-Preeident—Qeo. B. Smith. Rochester, N. Y.

Secretary— J. L. WTeld, Rochester, N. Y.

Matter Mechanic — Geo. Gardner, Rochester, N. Y.

A'iditf>r—H. Filon. Rochester. N. Y.

Road Master— Chris Kreger, Rochester, X. Y.

730 Rochester, Hornellgville and Lacka-
waima Ry.

fiec.. Gen. Man. d- And. — M. S. Blair, Hornellsville,N.Y.
Secretary— I. W. Near, Hornellsville. N. Y".
Otn. Siipf.. Fgt. d- * Chas. H. Hammond, Hornellsville,
Tkt. Agt. ', N. Y.

738 Sagiuaw, Tiigcola and Huron RR.

President—^. L. \Vebber, Saginaw. Mich.
Secretary— S. G. Hig<rins. Sa-nnaw, Mich.
Treasurer— Wm. H. Hart, Sa^iuaw, Mich.

Ge&FUA'. G' T' !'M- Van Meredith, Saginaw, Mich.
Auditor — Jas. G. Harris, Saginaw, Mich.
Eoad Master— Jno. Lynch. Saginaw. Mich.
Master Car Rep. — W. L. Kerr, Saginaw, Mich.

739 Saginaw Valley and Lake Huron RR

Prexident--3QtmG. Owen, E. Saginaw, Mich
Vice-Pres. & Treat.— Wm. C. Owen, E. Saginaw Mich
Secretary— R. B. McKnight. E. Saginaw, Mich.
Gen. Manager — Samuel F. Owen, E. Sa^innw Mich
Mast. Mech.—P. Reilly, E. Saginaw, Mich.

125

SAG-ST. L.

POOR S DIEECTOEY OF EAILWAY OFFICIALS.

7 40 -7- 54

740 Sagiua w Valley and St. Louis UK.

President— Nathl. Thayer, Boston, Mass.
Sec. & Treas. — J. E. Howard, Grand Rapids, Mich.
Gen. Manager— Chas. M. Heald, Grand Rapids. Mich.
Gen. Sn.pt. — J. R. V. Agnew, Grand Rapids. Mich.
Asst. Supt.—F. M. Drake, Grand Rapids, Mich.
Auditor — U. B. Rogers, Grand Rapids, Mich.
Purch. Agent— Russell Wallace, Grand Rapids, Mich.
GI-H. Fgt. Agf.—F. V. Davis, Grand Rapids, Mich.
Gen. Tkt. Agt.—Gzo. De Haven, Grand Rapids, Mich.
Xiipt.M.P.&Roll.SCck— W.S.Morris,GrandRapids,Mich.

bBrMQU lmgS' \ Jno' Doyle' Grand Rapids, Mich.
Traitsf. Agt.—J. E. Howard, Grand Rapids, Mich.
Chief Engineer— 3. J. McVean, Grand Rapids, Mich.

741 St. Augustine and South Beach Ry.

President— M. S. Cartter, St. Louis, Mo.

- M-

Secretary — J. A. Davison, London, Eng.

*

Fla
, Fi*.

- -

de, St.

en. Man., Mast. CarRep., Fore. ) An(.,i
Loco. Rep., Master Meek., t& f sf
Parch,. & Land Aqt. \ St'

Gen. Coun.—B. C. Rude, St. Augustine, Fla.
Gen. Man., Mast. CarRep., Fore.

Agt

H. Tatin, St. Augustine, Fla.

Catharines and Niagara Central liy.

Pres. & Gen. JUan.—L. S. Oille, St. Catharines, Ont.
Vice -Preside nt— S. Melon, St. Catharines, Ont.
Sec.,Treas.,Supt.&P.A.—R. Wood, St. Catharines, Ont.

" McTavish> St.Cath's.Ont.

& Pass &Agteit"qt' \
Road Master— W. H. Pay, St. Catharines, Ont.

743 St. Clairsvillc and Northern Ry.

Sec. efc Treas.— John H. Boroff, St. Clairsville, O.
^oad Master— Daniel Nary, St. Clairsville, O.

744 St. Cloud Sugar Belt Ry.

President— Hamilton Disston, Philadelphia, Pa.
Vice-Preside/it— Jacob E. Heyl, Philadelphia, Pa.
Gen. Supt., P. A., \ T g Tutwiler Kissiinmee, Fla.

tr. -T . (B J . Ayl. \

3ec. & Treas.— Y. W. Rtlston, Jr., Philadelphia, Pa.
Car Accountant— Jno. Storts, Kksimmee, Fla.
Auditor— W. B. Henry, Philadelphia, Pa.

' Kissimmee, Fla.

745 St. Croixand Penobscot RR.

President— G. M. Porter, St. Stephen, N. B.

Sec., Treas. & Transf. Aqt.— Samuel Black, Calais, Me.

Supt. tfe Purc/t. Af/t.—S. W. Haycock, Calais, Me.

Gen. Tkt. Agt.—il. A. Black, Calais, Me.

Gen. Sag. &Fgt. Agt.—Jolin Larner, Calais, Me.

Master Macfi.—G. H. Corson, Mill town, Me.

Gen. Auditor— L. G. Downes, Calais, Me.

bridges *'*' & S^'\^ C. Tinker, Milltown, Me.
Fuel Agent — Martin Ryan, Baring, Me.
QRoad Masters — Wm. Lucas, Milltown, Me. : Geo.
Blake, Baring, Me. ; M. Welch, Calais, Me.

746 St. John and Eastern RR.

Chief Engineer— Wm. Murdock, St. John, N. B.

747 St. .1 ohiiMhiiry &, Lake Champlain RR.

—C.'E. A. Bartlett, Boston, Mass.
rtiipi riiit<<i!tl<'i>! —II. E. Folsoin. Lvndonville, Vt.
Axxt. tiupt.—E. H. Blossom, St. Johnsl>ury, Vt.
Chief Engineer— H. Bissell, Boston, Mass.
Division Eng.—L. W. Tucker, St. Johnsbury, Vt.
tiec. and Treas.— F. W. Morse, Montpelier, Vt.
Auditor— Myron Taylor, Boston, Maes.
Gen. Pass.& TM.Agt.—DeuiaJ. Flanders, Boston, Mass.
Gen. Sag. Agt.—W. R. Brackett, Boston, Mass.
Gen. Fg't. Agt.—W. F. Berry, Boston, Mass.
Purch. Agent — J. A. Farrington, Boston, Mass.
Sunt. Motive Poicer—A.. R. Barrett, Boston, Mass.
Car -Accountant— G. S. Hobbs, Boston, Mass.
Master Mechanic — A. R. Barrett, St. Johnsbury, Vt
Master Car Builder — J. T. Chamberlin, Lawrence, Mas-.
Jload Master— G. E. Severance, St. Johnsbury, Vt.

748 St. Joseph and Grand Island RR.

Chairman of Trustees— J . H. Benedict, New York.N.Y.

President— Sidney Dillon, New York, N. Y.

1st Vice-President— W. H. Holcomb, Omaha, Neb.

2d Vice- Preside a t—G. M. Lane, Boston, Mass.

Comptroller— O. W. Mink, Boston, Mass.

Secretary — Alex. Millar, Boston, Mass.

Treasurer— James G. Harris, Boston, Mass.

Gen. Man.-W. P. Robinson, Jr., St. Joseph, Mo.

Gen. Pass. & Tkt. Agt.—S. M. Adsit, St. Joseph, Mo.

Gen. Attorney— M. A. Reed, St. Joseph, Mo

Gen. Supt.—E. B. McNeil!, St. Joseph, Mo.

Superintendent— A. M. Morey, St. Joseph, Mo.

Cashier— C. W. Ingram, St. Joseph, Mo.

Chief Surgeon— ^E. S. Garner, St. Joseph, Mo.

Auditor— J. G. Drew, St. Joseph. Mo.

Chief Engineer— V. G. Bogue, Omaha. Neb.

Division Engineer — Chas. Manhart, Kansas City, Mo.

Car Accountant — W. D. Lincoln, St. Joseph, Mo.

Purch. Agent- G. D. Berry, St. Joseph, Mo.

Mast. Mech.—\. J. Broughel, St. Joseph, Mo.

Supt. of Br. & Btt.—O. H. Andrews, St. Joseph, Mo.

Supt. Car Service— R. Buckingham, Omaha, Neb.

Supt. of Teleg.—L. H. Korty, Omaha. Neb.

Road Master— Stewart Clark, St. Joseph, Mo.

749 St. Joseph Terminal.

President- -W '. D. B. Motter, St. Joseph, Mo.
Vice-Prea.— J. O. Brinkerhoff, Kansas City, Mo.
Secretary and Auditor— J. G. Drew, St. Joseph, Mo.
Treasurer — S. A. Walker, St. Joseph, Mo.
Supt.—L. J. McQuade, St. Joseph, Mo.

750 St. Joseph Union Depot Co.

President— W. C. Brown, St. Joseph. Mo.
Sec. & Treas.— E. C. Browne. St. Joseph, Mo.

751 St. Joseph Valley Ry.

President— A.. A. Patterson, Jr., Chicago, 111.

Treas., Aud.& Gen. / Fred. L. Reeves,
Tkt. & 1 ur. Agt. )" Be men Springs, Mich.

SeCMari Ge>1' \ Fred> McOmber' Berrien Springs, Mich.
Mast. Mech.—R. Tibbs, Berrien Springs, Mich.

752 St. Louis, Alton and Springfield RR.

Receiver tfc Sec.— Jos. Dicksoii, St. Louis, Mo.

President— ( Vacancy . )

Vice-President— C. E. Kimball, New York, N. Y.

Solicitor for Receiver- E. Smith, St. Louis, Mo.

Gen. Man. & Parch. Agt.—H. A. Fisher, Springfield, 111.

Gel'I&fluT ^ TF- E' Fi'he''< Springfi,ld, 111.

Avditor-I). S. Mitchell, Springfield, 111.

Chief Eng. & Road Master— E. M. Rice, Alton. 111.

If you want information about new or projected railroads, consult the General Index
and Table of Contents. Special information not contained in this book will be furnished
at a nominal charge by Poor's Information and Investigation Bureau, 70 Wall St., New
York.

ST. L.-ST. L.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

7.53-7-59

7-53 St. LouiM, Alton ami Terre Haute RK.

>' Po8tet IV:i>*Hly, New York, X- Y.

,, - 1>arkrr- St' Lollis- M(>-

.l.v.v/. to (in,. .1/V///. -C. F. Parker. St. Louis. Mo.

E. F. Leonard. St. Louis, Mo.

.1. -•*•/. Sec. <(• /'/V///.V. .1. H. A. Crosby, NYw York, N. Y.
SuiH-rintt-nitfiit W. S. Wilson. Piuckneyville, 111.

'•''ft. <t- /'</.v.v. .If//.— Goo. E. Lai y. St. Louis, Mo.
Auditor tt- FVjyma*fer— Henry T. Nash, St. Louis, Mo.
./'o G.M.&Purch. Agt.—C. F. Parker, St. Louis. Mo.
. of Tran*j).—H. H. Brown, Pinckneyville, 111.
t. .!/,,•/,.,(• CurJildr. J. W. Stokes. E. St. Louis. 111.
-? Jftufer-;Henry Mason. Pinekneyville, 111.
/>//• 4<*90im&mJ S. K. Burton. Pinckneyville, 111.
Trnr. Fgt. <{• A/.VX. .I?/1.— James Johnson, St.Louis.Mo.
Contracting Agt.— Jtoo. P. Gay. St. Louis, Mo.

g Ar/f.—ll. W. McNamee, St. Louis, Mo.
Agt.—C. C. McCarty, Paducah, Ky.

754 St. Louis and Eastern KK.

rnt— George O. Carpenter, Jr., St. Louis. Mo.
Secretary— Jas. L. Blair. St. Louis. Mo.
Superintendent — I. I) Crabb. St. Louis. Mo.
Engineer— Robt. Moore, St. Louis, Mo.

7.5.5 St. Louis and Hannibal KR.

t— John I.Blair, Blairstown. N. J.
Vice-Pit-^. <(• 6-V//. Coi/tt.—J. H. Orr. Hannibal, Mo.
Sec. & Treas.—S. S. Palmer, New York. N. Y.
£*«. Agt.— D. B. Lott. Hannibal, Mo.
Auditor— i. C. Thurman, Hannibal, Mo.
Superintendent — T. W. Kennedy, Hannibal. Mo.
Mutter Mtch.—J. K. Tremain, Oakwood Junction, Mo.
7?. .)/. tf- .s'. 5. cfe B.— Sherman Driggs. Frankfort, Mo.
Gen. Tk. A Ft. J.-W. W. Driggs,llannibal, Mo.

7-56 St. Louis and San Francisco Ky.

Chairman — Geo. C. Magoun, Boston, Mass.
President— A.. Manvel, Chicago, 111.
Vii'"-Pn-s.—3. W. Reinhart. Boston, Mass.
"2:1 V.-P. & G. J/.— H. L. Morrill, St. Louis, Mo.
3d Vice-Pres.—i. D. Springer, Chicago, 111.
Sec. <(• Treas.—H. W. Gardiner, Boston. Mass.
(rf-n. Cniiiixfl—S. J. McCook. New York, N. Y.
G*i>. solicitor— Geo. R. Peck, Topeka, Kan.
Gen. Attorney— &. D. Kenna, St. Louis, Mo.
Gen. 8tn>t.—3. R. Wentworth, St. Louis, Mo.
Chief Engineer— C. I. Brown, St. Louis, Mo.
Auditor— A. Douglas, St. Louis, Mo.
Catliier— A. .Graydon, St. Louis, Mo.
Frjt. Traffic Man.— Geo. W. Cale, St. Louis. Mo.
Gen. Pass. Agf.—T>. Wishart. St. Louis, Mo.
Gen. Fgt. Agt.—F. D. Russell, St. Louis, Mo.
Asst. Gen. Fgt. Agt.— J. A. Middleton, St. Louis. Mo.

P"^!^*- '" ', E. T. Smith. S,. Lo,,is, ,,o.
St.il>t. Rolling Stock— J. R. Groves, Springfield, Mo.
S>.tpt. Teleg.-3. M. Egan, Springfield. Mo.
Gen. Bag. Agt.—W. D. Garwood, Springfield, Mo.

\ L. D. Button. Neodesha, Kan.
Di>\ Si.ipts.-. J. A. Mantor. Fort Smith. Ark

( VV. A. Thorns. Springfield, Mo
Asst. S»pf.—E. B. Sankey, Salem, Mo.
Matter Mechanic— XL Kearney, Springfield, Mo.

fnre n T /wi Kan • ' J- A. HoUStOll, Springfield, Mo.

Forem. Loco. Rep*. - Thoinas Emer;on\ Sa7em< Mo
Foreman Car I?ep. — \V. M. Kipple, Springfield, Mo.
Foreman Car Painter*— Isaac Price, Springfield. Mo.

7-57 St. Louis Southwestern Ry. System.

General Officers.
President— $. W. Fordyce, St. Louis, Mo.

I'//v- /'/»;, /«-///— Edwin Gould. New York, N. Y.

i 'imiixt-f-- \Vinslo\\ S. Pierce, New York, N. Y.
<i>-n. ^olii'tfor.- A. <i. ( Ochran, St. Louis, Mo.
Gen. MOI,<I>I>-I' W. B. iJoddridirr. St. Louis. Mo.
Secretary— 3. C. Otteson, New York. N. Y.
Treantrer a- A**t. X<-r. (.. K. Warner, St. Louis. Mo.
Gi-,n-ftf Au'litor S. C. Johnson, St. Loin-. Mo.
Freight Tra-fflc Manager A. S. Dodire. st. Louis. Mo.
A**t. (irii. Fgt. Agt — K. S. Davis. St. Louis. Mo.
Gen, /Wv. ,(•' Tkt'. A.~E. W. La Beaunie. St. Loui>. Mo.
Superintendent- T. W. Kennan, Pine Bluff, Ark.
lltx},lr,,t Engineer- II. <i. Kelley. Texarkana. Texas.
Supt.QfCar Sen.- J. W. Dickinson. Texarkana. Tex.
r;. r». Afor^r MecK. H. M. Galbraith. Pin.- Bluff. Ark.
S'/i,t. Telegraph— &. R. Pippitt, Texarkana, IV \
Frt-ight (iu'un Agent— Q. C. Arnold. St. Louis. Mo.
Surgeon— t)r. C. A. Smith, Tyler, Texas.

Ify of Tejrax—Ihadfj>ia>t".r«

- S. W. Fordyce. St. Louis, Mo.
!>•/ Vice-President— Edwin Gould, New York. N. Y.
2d Vice-Prt-x. <('• 3»jil.—J. A. Edson. Tyler, Texa>.

— T. G. Hodge, Tyler, Texas."
. Bee.— 3. C. Otteson, New York, N. Y.
Treasurer— 3. W. Hogan, Tyler, Texas.
Auditor— R. D. Cobb. Tyler. Texas.
6V/*. /'fX. Agt.— W. B. Groseclose. Tyler. Texas.
(?e«. Pf/.vx vlr//.— W. H. Winfield. Tyler, Texas.
Supt. Car Service— J. W. Dickinson. Texarkana, Tex.
Resident Engineer— H. G. Kelley, Texarkana. Texas.
8>i}it. Telegraph— A.. R. Pippitt. "Texarkana. Texas.
Matter Mechanic— Thomas Ingiis. Tyler. Texas.
Chief Surgeon— Dr. C. A. Smith. Tyler, Texas.

Tyler Southeastern Rail/ray Co.— Headquarter* Tyler.
Texas.

President— Willard Fisher, Dallas, Texas.
Vice- Preside nt— T. F. Murchison. Athens, Tex.
Secretary— J. P. Douglas, Tyler. Texas.
.4*^. Sec.—Quj Phillips, Ne"w York. N. Y.
Treasurer— H. H. Rowland, Tyler, Texas.
Asxf. Treas.—3. W. Hoiian, Tyler, Tex.
Superintendent— J. A. Edson, Tyler, Texas.
Auditor— R. D. Cobb, Tyler. Texas.
Gen. Pass. Agent— W. H. Winfield, Tyler, Texas.
G-n. Fgt. Agent— W. B. Groseclose, Tyler, Texa.-.

7.58 St. Louis and Suburban Ry.

President— Chas. H. Turner. St. Louis. Mo.
Yice-Presideni—'A. M. Kennard, St. Louis, Mo.
Sec. tfc Treas.—S. D. Barlow, Jr.. St. Louis, Mo.
General Svpt.—Tbtanaa F. Sneed, St. Louis, Mo.
Chief Engineer— Winthrop Bartlett, St. Louis, Mo.

759 St. Louis, Cape Giraideau & Fort
Smith Ry.

President— Lorn* Houck, Cape Girardeau, Mo.
Vice- President— Dan'l S. Brown. St. Louis, Mo.
Treasurer — Leon J. Albert. Cape Girardeau. Mo.
A**t. Treas.—L. J. Albert. Jr.. Cape Girardeau, Mo.
Secretary—John R. Jeannin, Cape Girardeau. Mo.

- B" Houck' CaPe Girardeau. Mo.
Gen. Coun.— M. R. Smith. Farrington, Mo.
Gen. Afty.—W. H. Miller. Jackson. Mo.
Gen. Man. — Eugene S. McCarty, Cape Girardeau. Mo.

Ge&FgtPt\gtaf' \ E> F" Blomeyer' c- Girardeau. Mo.
Ma-st. 'Mach.— Fred Glover, Cape Girardeau, Mo.
( 'hoi f Engineer— James F. Brooks. C. Girardeau. Mo.
Rd. 'Mast.— Emil Sebastian, Cape Girardeau, Mo.
Snpt Bridge*— R.. H. Smith, Cape Uirardeau. Mo.
Car Accountant— R. F. Blomeyer, C. (iirardeau, Mo.

PETTIBONE, MULLIKEN & CO., Chicago, 111.

Frogs, Crossings, Split Switches.

127

ST. L.-SAN.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

760-77O

760 St. Louis, Kansas City & Colorado Kit.

Chairman— George C. Magonn, New York, N. Y.

President — Allen Manvel, Chicago, 111.

1st V.-Pres. <f; Gen. Aud. J. W. kcinhart. Boston, Muss?.

2d Vice-Prex.—3 . D. Springer, Chicago, 111.

Sec. & Treas.—E. Wilder, Topeka. Kan.

J.-W/1. Treas.—Guo. L. Good win, Boston, Mast*.

.!.«/. S*c.—L. C. Deming. Boston, Mass.

General .)/"<7/«w;r— II. L. Morrill, St. Louis, Mo.

Comptroller— John P. Whitehead, Boston, Mass.

Gen. Counsel — John J. McCook, New York, N. Y.

Gen. Solicitor — Geo. It. Peck, Topeka, Kan.

Triwtf. Agt.— Boston Safe Deposit Co., Boston. Mass.

Purchasing Agent— ~E. T. Smith, St. Louis, Mo.

Cashier— A. Graydon, St. Louis, Mo.

A"<tif<ir—\. Douglas, St. Louis, Mo.

Gen,. S>ipt.—d. R. Wentworth, St. Louis, Mo.

. Superintendent— T. H. Riley, St. Louis, Mo.
—V. I. Brown, St. Louis, Mo.

. Ag(-i>t—1). Wishart. St. Louis, Mo.
Fgt. TrtiVfir Manager— G. W. Calc, St. Louis, Mo.
Gen. Freight Age/it— Y. D. Russell, St. Louis. Mo.
Gen. Baggage Agent — W. D. Garwood. Union. Mo.

761 St. Louis, Kennett and Souther** RR.

Pi-es'idfnt i(* Gen. 1T««..— Louis Houck, Kennett, Mo.
Vice-Pres., <ien. \ A j Rerfoot, Kennett, Mo.

&Uffl . GG J3 '''''. i

Secretary — William Brown, St. Louis. Mo.

(fen. Fgt. & Tkt. Ac/t.—ll. H. Furguson, St. Louis, Mo.

76i St. Louis, Keokuk and Northwestern
RR.

P/-i*ide/tt—W. W. Baldwin, Burlington. Ta.

\ *j

Treasurer— J. C. Peasley. Chicago. 111.
Asst. Treas.—3. H. Sturgis, St. Joseph, Mo.
Secretary— W . C. Maxwell, Keokuk. la.
Ge/t. Man.—W. C. Brown, St. Joseph, Mo.
Gen. Supt.—S. E. Crance, St. Joseph, Mo.
Superintendent— W '. E. Cunningham, Hannibal, Mo.
Asst. Supt.-B.enry Miller, Hannibal, Mo.
Gen Pass. & Tkt. Agt.— A.. C. Dawes, St. Louis, Mo.
Gen. Fgt. Agt.— Howard Elliott, St. Louis, Mo.

. _. „ . . . \ D. O. Ives, St. Louis, Mo.
Asst. Gen. Fgt. Agt*. -( j g Bartle st JosephT Mo.

Gen. Bag. Agt'.—E. A. Sadd, Chicago, HI.

,, , ,, , . ( W. H. Bartlett, Burlington, la.

Master Mechanics -( N j Paradlge- Hannibal, Mo.

Asst. Gen. Pass. Agt.—H. C. Orr, St. Louis, Mo.
Train Master— W.'H. DeWitt, Hannibal, Mo.
Supt. of Tel.—yL. A. Baker, Hannibal, Mo.
Chief Engineer — L. F. Goodale, St. Joseph, Mo.

', ir ' \ J. Hartley, Keokuk, la.
Road Masters ^w T Larigou% Hannibal, Mo.
Supt. of Bridges— H. Zimmerman, Hannibal, Mo.
Purchasing Agt.— Geo. Hargreaves. Chicago, 111.
Gen. Auditor— J. L. Lathrop, Chicago, 111.
Auditor— C. M. Carter, Si . Joseph, Mo.
Ticket Auditor — F. D. Heermance, St. Joseph, Mo.
4.sst. Auditor— Geo. B. Dunbar, St. Joseph, Mo.
Freight Auditor— Geo. W. Miller, St. Joseph, Mo.
Traveling Auditor— L. S. Sherman, Hannibal, Mo.
Car Acct.—John Dumbell, St. Joseph, Mo.
Gen. Sofa.— Spencer. Burnes & Mosman, St. Joseph, Mo.
Gen. Attorney— H. H. Trimble, Keokuk, la.
Transfer Agent— J. L. Carter, Boston, Mass.
— W. H. Schenck, Brookfield, Mo.

& ^' \

H>

' chicaS°'

763 St. Louis Merchants' .Bridge Terminal
Ry.

President — C. C. Rainwater, St. Louis, Mo.

Vice-Pres.— Chas. D. McLure, St. Louis, Mo.

3d Vice- President — John Whittaker, St. Louis, Mo.

Tr< -nnnrer— Jno. D. Perry, St. Louis, Mo.

Secretary <& Gen. Att.—3i\o. H. Overall, St. Louis, Mo.

Asst. Sec. -Jno. Greenough, St. Louis, Mo.

Gen. Manager— II. W. Gays, St. Louis, Mo.

Gen. Agent— P. M. Hanson, St. Louis, Mo.

Purch. Agt.— Fred Williamson. St. Louis, Mo.

Chief Engineer— Robt. Moore. St. Louis, Mo.

Mast. Mech.—W. C. Wilson. St. Louis, Mo.

Road Master — G. E. Cain, St. Louis, Mo.

Supt. Bridges— E. Y. Sutherland, St. Louis, Mo.

764 St. Louis Transfer Ry.

President— John Scullin, St. Louis, Mo.

Vice-Pres.— C. S. Greely, St. Louis, Mo.

See. ,(• Tr>-ft*.—R. L. Clarke. St. Louis, Mo.

J.-Y-7. 7'mfx.— E. C. Newkirk, St. Louis, Mo.

Gen. Man. <{• Pur. Agt.—V. H. Sharman. St. Louis. Mo.

Auditor— &. T. W. Pritchitt, St. Louis, Mo.

Gen. Fgt. Agt.—\\. S. Hodges, St. Louis, Mo.

Gen. Agt.—R. N. Bothner, St. Louis, Mo.

765 St. Louis, Vandal! a and Terrc Haute.—

(See Vandalia Line )

766 St. Paul and Duiuth RR.

President— R. S. Hayes, New York. N. Y.

Gen. Man.—\. B. Plough, St. Paul. Minn.

/i^i-1 -James Smith, Jr.. St. Paul, Minn.
Sec. & Treas.—G. G. Haven, Jr., New York, N. Y.

W' H" Coleman, St. Paul. Minn.
Gen. Counsel— Julien T. Davies, New York, N. Y.
Gen. Solicitors— Lusk, Bunn & Hadley, St. Paul, Minn.
Most. Trans.— E. L. Brown, St. Paul, Minn.
Gen. T. & F. A.— Goo. W. Bull, St. Paul. Minn.
.Uv/. G. Fgt.A.—W.W. Broughton, Minneapolis, Minn.
Asst. Gen. Tkt. Agt.-G. C. Gilfillan. St. Paul, Minn.
'/'/v///.«.'. , \gt.— Fourth National Bank, New York, N. Y.
C. Kitg. & Asst. Gen. Man.— L. S. Miller, St. Paul. Mum.
Ma*t. Mech.— George D. Brooke, St. Paul, Minn.
.4*^. Purch. Agt.-W. N. Schoff, St. Paul, Minn.
Laml f'ommr.— Hopewell Clarke. St. Paul. Minn.
A Ktfifor— David A. McKinlay, St. Paul, Minn.
Supt. B. & B.— Benjamin T. Mclver, St. Paul. Minn.
Car Accountant— G. H. Staehle. St. Paul. Minn.
Fuel Agent— 1). A. Macdonald, St. Paul. Minn.
Jfoad Master— If . D. Kelly. St. Paul, Minn.
Supt. Tel. & C. T. I).— J. R. Michaels, St. Paul, Minn

767 St. Paul Union Depot Co.

President— W. G. Collins, Milwaukee, Wis.
Vice- President— W. S. Mellen, St. Paul. Minn.
Secretary— C. B. Branson, St. Paul, Minn.
Treasurer— H. P. Upham, St. Paul, Minn.
Gen. Sag. Master— ^H. R. Hill, St. Paul, Minn.

76S Salisbury and Harvey Ry.

President — C. fl. Harmon, New York, N. Y.
Vice-President—JettenonflL. Levy. New York, N. Y. *
Secretary— F. B. Treiber, New York, N. Y.
Gen.Man.&Pur.Agt.—A.. Sherwood, Hillsboro. N.B.
Mast. Mech.— James McKay, Hillsborough, N. B.
Road Master — Hans Larsen, Hillsborongh, N. B.

769 San Antonio and Aransas Pass RU.

T, . j B. F. Yoakum, San Antonio, Tex.

vers f J. S. MacNamara, San Antonio, Tex.
President — Uriah Lott, San Antonio, Tex.
Vice-President— E. P. Swenson, New York, N. Y.
Gen. Counsel— A. W. Houston, San Antonio, Tex.
Treasurer — A. C. Scheyver, San Antonio, Tex.
Secretary— ~R. Houston, San Antonio, Tex.
Gen. Att. for Rec'v^rs — W. Aubrey, San Antonio, Tex.
Gen. Supt.— George L. Sands, San Antonio, Tex.
Auditor— A. G. Cooper. San Antonio, Tex.
Gen. Fgt. Agt.—L. J. Polk, San Antonio, Tex.
Gen. Pass. Agt.— R. W. Andrews, San Antonio, Tex.
Sunt. Mot. Power— W. H. Reillv, San Antonio, Tex.
Gen. E. Agt.—V. A. Fulwiler, New York, N. Y.
Gen. W. Agt.— 3. H. Littlefield. St. Louis, Mo.
Trav. Pass. Arff.—B. F. Fisher, Memphis, Tenn.
Com. A.— W. E. McDonald, Houston & Galves., Tex.
Gen. Agt.-p-H. Michelson, San Antonio, Tex.
Trav. Fgt. <C- / G. A. Imhoff, San Antonio, Tex.
Pass. Agts. \ G. E. Toullerton, Waco, Tex.

770 Saudersville and Teuuille Rlt.

President— C. R. Pringle, Sandereville, Ga.
Vice-President— ^R. L. Warthen. Sandersville, Ga.
Treasurer— G. D. Warthen, Sandersville. Ga.
Sec., Trait*. Agf.AA/tt/.—ll. N. Hollificld, Sandersv.,Ga.
Gen. Fgt. Ayt.—J. B. Wicker, Sandersville, Ga.
WH. Swpt.—ur. Jared J. Irwin. Sandersville, Ga.

128

POOR'S DIRECTORY OF RAILWAY OFFICIATE.

771-780

771 San Diego. C'uyaiimea and Eastern Ry.

tent—SL. W. Waterman, San Diego. Cal.
Sec., Tr.->*. A • u- ff< \v:ltl.rman> san Diego. Cal.

Gen. Man. \
S.ipt.. Gen. Tkt. ,t- Ft. Agt.. lid. I A. E. Kinney

['/f. ct- S't/>f.t>f lirga. \ San Diego, Cal.
W. II. Kitto. San Diego. Cal.

77'i Sandy River Railroad.

.,. x//;,/1.— N. B. Beal. Phillips. Me.

• A.- J. E. Thompson. Phillips. Me.
ij— D. M. Bonney. Fanninston, Me.
/,'•/. !/>.-('. P. Stewart. Phillii--
,!/. JA a- CV. If p.— Edward Greenwood. Phillips, Me.
vx— C. H. Davis. Farmington. Me.

773 San Francisco and North Pacinc Ry.

d— J. F. Bnrsin. San Francisco, Cal.

P. N. Lilienthal. San Francisco. Cal.
Sec. ct- Co/tip.— Thomas Meilersh. San Francisco. Cal.
-Alfred L. Selitrman. San Francisco, Cal.
- '—Chas. F. Hanlon. San Francisco, Cal.
}[,!,,_ —Henry C. Whitinir. San Francisco. Cal.

— W. G. Corbaley. San Rafael, Cal.
Gn. Ps. cfc Tk. A.— Peter J. McGlynn. San Fran., Cal.

fj££*C&u£ I W- J' McMl'llin' Sa11 Fran" Cal-
ffen'. Fgt. <(• Bag. Ayf.—W. H. Menton. San Fran., Cal.
Chief Engineer— ¥.K. Zook. San Francisco. Cal.

.!/<--£/>.— Edward Reynolds. Tiimron. Cal.
Road Master— Patrick Hyde. Santa Rosa, Cal.

774 San Pete Valley Ry.

Pre*. A Gt». Man.— Theo. Brnbnck. Salt Lake City.U.T.

Vice-President— J. E. Clinton. Salt Lake, U. T.

6'^. ct Chief Enr/.—H. S. Kerr. Maroni. L*. T.

Gen. rA'/.ct 'Fgt. Agt.— Kenneth C. Kerr, Maroni, U. T.

Master Mech.— Wni. Watson. Maroni. U. T.

Road Master— Wni. Fletcher, Maroni. U. T.

775 Santa Fe Southern Ry.

p^j.—E. R. Chapman, 80 Broadway. New York, N. Y.
Vice- President— T. B. Catron, Santa Fe. N. M.

>nj (.{• Treasurer— C. H. Eicks. New York. N. Y.
A9St.8ec.it Asst. Trea*.—S. F. Suldvan. New York. X. Y.
Gen. Supt.—T. J. Helm, Santa Fe. X. M.

776 Saratoga and St. Lawrence RR.

President— Samuel W. Foster. Montreal. Que.
Vice-President— E. G. Reynolds, Bombay. X. Y.
Secretary— Louis Hasbronck. Ogdensbtirg, X. Y.
Treasurer- -D. D. Ranlett. St. Albans. Vt.

777 Savannah, Auiericns and Montgomery
Ry.

President — S. H. Hawkins, Americas. Ga.
Vice- President— S. W. Coney. Coney, Ga.
2d Yice-Pr^idt/it. /

Gen.lIan.&Pur. >W. E. Hawkins, Americas. Ga.

Agt. )

Sec., Treas. & Gen. Acct.—S. C. Cooper. Americas, Ga.
Tra<:. Auditor — J. W. McLane. Americas, Ga.
Gen. Attorneys— Hollis & Hawkins, Americas, Ga.
Supt. Bdgs.,Cfnef )

Eng. cfc Road >J. C. Wright, Americas, Ga.

Mast, in charge. \

^GF^P^l ^ '"E< S' Goodman' Americas, Ga.
C''f Aw.tntant— R. F. Alexander, Americas, Ga.
S'ljit. Tr<iiii«—\\. J. Mathews, Americus. Ga.
Gen. E. Agt.— Carroll H. Smith, Xew York. X. Y.
Contracting > W. W. Tall, Xew York. X. Y.
Fgt. Agts. f Arthur Sinclair. Jr.. Xew York. X. Y.
| Jno. T. Argo, Americus. Ga.

J. M. Carolan. Savannah. Ga.
Com'l Agts.-, E. A. Smith. Birmiugton. Ala.
Lee McLeudon. Columbus, Ga.
| E. X. Clark, Albany. Ga.

778 Savannah, Florida and Western Ry.

President— Henry B. Plant, New York. X. Y.
Asst. f" /'/••*<•'/••///— M. F. Plant. Xew York, N. Y.
Vice-Pres.— H. s. IlaiiR-s. Xi-w York.N.Y.
1 vx/1. W. B. McKee, Xew York, X. Y.

Secretary— It. B. Smith. Xew York. N. Y.
Treasurer— J. M. Lee. Savannah, Ga.

G. Fleming, Savannah, Ga.
.!>•>/. - -'-A. A. A \viiliL-. Savannah, Ga.

. Ayf.—F. B. Papy. Savannah. Ga.
Oen. I '<i*.<. Afft.—W. M. Davidson. Jacksonville. Fla.

('. T. Mcr«-l. Savannah, Ga.
Anttifitr—ll. H. McKee. Savannah, Ga.
Cfdhn Ar/ent — J. C. Bruyn, Savannah, Ga.
7V •'/'/<> Man.—C. D. Owens. Savannah, Ga.
JA/-/V/' Tramp. —O. W.Jackson. Savannah, Ga.

)l<i*l.-r of Roadway— H. W. Reed. Waycross. Ga.
Forttn. Car I)rpt.—E. Geffcken, Savannah, Ga.
Inxp. of P>ridr/t.<— A. C. Olney. Waycr<-
7/*.*/A & Building*— W. G. Jeffords, Waycross. Ga.
Trav. Pass. Ayt. — G. Demiug, Jacksonville, Fla.

779 Scholiarie Valley RR.

President — D. B. Vroman, Schoharie, X. Y .
1...7 V- — Peter C. Yromani Schoharie. X. Y.

2d Vict-Pre*id<»t—C. P. Vroman. Schoharie. X. Y.
Secretary— William J. Vroman, Schoharie. X. Y.

/•—Chas. Vroman. Schoharie. X. Y.
(Tm. )/"/(.. G-n. *>/pf.. > Lucien Vroman,

Parch. Agt. rf- A-.nl. \ Schoharie, X. Y.
Gen . Tkt. & Ft. Agt. cC ' Jacob Vroman,

^[nxt. of Tranm. \ Schoharie. X. Y.

J/o/;-^/^-J/a"' } James Curvis' Schoharie- x- Y-

Road Master—^. Weathenvax, Schoharie, X. Y.
Transfer Agent— Austin Schafer, Schoharie, X. Y.

780 Seaboard Air Line.

M. Robinson. Baltimore. Md.
Vice- President— R. C. Hoffman, Baltimore. Md.
G-.a. Man. & Pur. A.— John C. Winder, Raleigh, X. C.
General Counsel — Legh R. Watts. Portsmouth. Va.
Gen. Superintendent — L. T. Myers. Portsmouth, Va.
Asst. Gen. Ft. &Pa**. A.—Y. C. Bryan, Norfolk. Va.
Gen. Claim Agent— J. W. Wilson. Portsmouth, Va.
Chief Engineer — W. W. Gwathmey, Portsmouth, Va.
Ticket Auditor— Thos. H. Wright. Wilmington, X. C.
Car Accountant— W. P. McGehee, Raleigh, X. C.
Snpt. of Tel.—b. S. Hudgings, Raleigh, X. C.
Traf. Man.—O. V. Smith. Norfolk. Va.
Div. Ft. & Pa**. A.— H. W. B. Glover. Abbeville, S. C.
. W. Aehton, Portsmoath, Va.

Seaboard and Eoanoke RR.

President— John M. Robinson, Baltimore. Md.
Vice-Prt*idtitt—~R. C. Hoffman. Baltimore, Md.
G. Mgr. ct- Prch. A.— John C. Winder. Raleigh, X. U.
Gen. Superintendent— L. T. Myers, Portsmouth, Va.
Superintendent— T. W. Whisnant, Portsmouth. Va.
Sec. & Treas.— W. W. Chamberlaine, Portsmouth. Va.
Auditor of Accte. — J. W. Brown, Portsmouth. Va.
And. Rec. &. Di*b.—3. A. Walton, Portsmouth, Va.
Asst. Gen. Ft. A Pass. A.—F. C. Bryan. Norfolk, Va.
Chief Engineer— -W '. W. Gwathmey, Portsmoath. Va.
Car Accountant— W. P. McGehee, Raleigh. X. C.
S'ipt. of Telegraph— T). S Hudgings, Raleiirh. N. C.
M:i*t. '.Vtc/i.-C. W. Walker. Portsmouth. Va.
Supt. Road & Brdgs.—S. T. Hand. Portsmouth, Va.
Road Master— D. G. Porter, Portsmouth, Va.
Ticket Aud.—Thos. H. Wrisht, Wilmington, N. C.

The record of a railroad as a " dividend-payer " is usually the best criterion of the
value of its securities. Consult Poor's Hand-Book of Investment Securities for such
information. Special reports furnished by Poor's Information and Investigation Bureau,
70 Wall St., New York.

9 129

SEA-SHA. '

POOR S DIRECTORY OF RAILWAY OFFICIALS.

780-788

780 Seaboard Air Line.— Continued.
Raleigh and Gaston RR.

Dresident—JohTi M. Robinson, Baltimore, Md.
Vice- President— R. C. Hoffman, Baltimore, Md.
Gen. Man. & Pur. Aqt.— John C. Winder, Raleigh, N. C,
9en. Superintendent— L. T. Myers, Portsmouth, Va.
Superintendent— William Smith, Raleigh, N. C.
Sec. & Treas.—W. W. Vass, Raleigh, N. C.
Auditor of Accts.— J. B. Martin, Raleigh, N. C.
And. Rec. & Di*b.-N. T. Cohb, Raleigh, N. C.
Asst. Gen. Ft. & Pass. A.— F. C. Bryan, Norfolk, Va.
Chief Engineer— W. W. Gwathmey, Portsmouth, Va.
Oar Accountant— W . P. McGehee, Raleigh, N. C.
Supt. Telegraph— V. S. nudging*, Raleigh, N. C.
Master Mech.—K. R. Harding, Raleigh, N. C.
Road Master— H. M. Robinson, Raleigh, N.C.
Ticket Auditor— T. H. Wright, Wilmington, N. C.

Raleigh and Augusta Air Line.

President — John M. Robinson, Baltimore, Md.
Vice-President— ~R. C. Hoffman, Baltimore, Md.
Gen.. Man. & Pur. Agt.— John C. Winder, Raleigh, N.C.
Gen. Superintendent— L. T. Myers, Portsmouth, Va.
Superintendent— William Smith, Raleigh, N. C.
Sec. & Treas.-W. W. Vass, Raleigh, N. C.
Auditor of Accounts— J. B. Martin, Raleigh, N. C.
And. Rec. <fe Disb.—N. T. Cobb, Raleigh, N. C.
Ticket Auditor— T. H. Wright, Wilmington, N. C.
Asst. Gen. Ft. <fe Pass. A.—F. C. Bryan, Norfolk, Va.
Engineer— W. W. Gwathmey, Portsmouth, Va.
Gar Acct.—W. P. McGehee, Raleigh, N. C.
Supt. Telegraph— T>. S. Hudgings, Raleigh, N. C.
Master Mech.—B. R. Harding, Raleigh, N. C.
Master Gar Bldr.—U. T. Bishop, Raleigh, N. C.
Road Master— G. E. Lemmon, Carey, N. C.

Durham and Northern Ry.

President— Jno. C. Winder, Raleigh, N. C.
Traffic Manager— O. V. Smith, Norfolk, Va.
Asst. Gen. Ft. & Pa*s. A.— "P. C. Bryan, Norfolk, Va.
Treasurer— G. E. Hunter, Raleigh, N. C.
Auditor of Accts.— J. B. Martin, Raleigh, N. C.
And. Rec. & Disb.— N. T. Cobb, Raleigh, N. C.
Trav. Auditor— W. T. Tucker, Raleigh, N.C.

Carolina Central RR.

President— Jno . M. Robinson, Baltimore, Md.

Vice-President—^.. C. Hoffman, Baltimore, Md.

yen. Man. & Pur. A.— Jno. C. Winder, Raleigh, N. C.

ren. Supt.—L. T. Myers, Portsmouth, Va.

Superintendent — Wm. Men cure, Wilmington, N. C.

lee. & Treas.--3no. H. Sharp, Wilmington, N. C.

Auditor of Accts.— A. J. Howell, Wilmington, N. C.
And. Rec. & Z>i,<?.— Jno. H. Boatwright, Wilm'gton, N. C.
Ticket Auditor- T. H. Wright, Wilmington, N. C.
Trav. Aud. & Paymaster— W. T. Tucker, Raleigh, N. C.
Traffic Manager— Q< V. Smith, Norfolk, Va.
Asst. Gen. Ft. & Pass. A. — F. C. Bryan, Norfolk, Va.
Master Mech. — Jas. Maglenn, Laurinburg, N. C.
Engineer — W. W. Gwattimey, Portsmouth, Va.
Car Accountant— W . P. McGehee, Raleigh, N.C.
Supt. lelegraph—D. S. Hudgings, Raleigh, N. C.

r> ^ Tir / f W. B. Summersett, Charlotte, N. C.
Road Masters -j j T Elmore> Maxton, N. C.

Georgia, Carolina and Northern Ry.

President— R. F. Hoke, Raleigh, N. C.

Vice- President— R. C. Hoffman, Baltimore, Md.

Gen. Man. & Pur. A.— Jno. C. Winder, Raleigh, N. C.

Superintendent — Jno. H. Winder, Atlanta, Ga.

Treasurer— S. M. Sherwood, Atlanta, Ga.

Auditor of Accts.— Jno. G. Williams, Abbeville, S. C.

Traffic Manager— O. V. Smith, Norfolk, Va.

Gen. Superintendent— L. T. Myers, Portsmouth, Va.

Asst. Gen. Fat. & Pass. A.—F. C. Bryan, Norfolk, Va.

Div. Ft. & Pass. A.-tt. W. B. Glover, Abbeville, S. C.

Car Acct,—W. P. McGehee, Raleigh, N. C.

Supt. Telegraph— T>. S. Hudgings, Raleigh, N. C.

Ticket Auditor— T. H. Wright, Wilming;on, N. C.

Trav. Aud. & Paymaster— W. T. Tucker, Raleigh, N. C.

i> ^ T,f 4 j C. Warren, Clinton, S. C.
Road Masters ^ j j Jowe^ Athen'8) Qa

781 Seaboard Ry. Co. of Alabama.

President— H. D. Haven, New York, N. Y.
Vice- President— Thomas Miller, New York, N. Y.
Treasurer <fe Sec. — R. Midclleton, Mobile, Ala.
General Manager -Wi\\\s J. Best, New York, N. Y.
Gen. Auditor— H. J. Worcester, New York, N. Y.
Gen. Superintendent— T. E. Spotswood, Fairford, Ala.
Gen. Pass. Agt.—C. L. Swazer, Mobile, Ala.
Master Mechanic— M.. Roberts, Fairford, Ala.

782 Seattle and Northern Ity.

President— W. H. Starbuck, New York, N. Y.

General Manager- -C. J. Smith, Seattle, Wash.

Treasurer— Oregon Improvement Co., Seattle, Wash.

Secretary— R.. McLellan, Seattle, Wash.

Gen. Couns.—A. F. Burleigh, Seattle, Wash.

Auditor— J. T. Campion, Seattle, Wash.

Trav. Aud.—S. M. Irwin, Seattle, Wash.

Gen. Man.—C. J. Smith, Seattle, Wash.

Gen. Supt. & Chief Eng.— B. F. Bush, Seattle, Wash.

Asst. Supt.— J. C. Phelphs, Anacortes, Wash.

; 2JJ- J' i"" j H. J. Green, Seattle,

Master Mechanic— G. F. Hobart, Seattle, Wash.
Land & Tax Com.—S. W. Scott, Seattle, Wash.

783 Seattle, Lake Shore and Eastern Ry.

President— James B. Williams, New York, N. Y.
Vice- President— Jacob Furth, Seattle, Wash.
Treasurer — George S. Baxter, New York, N. Y.
Asst. Treas.—C. A. Clark, St Paul, Minn.
Secretary— George H. Earl, New York, N. Y.
Gen. Counsel— James McNaught, New York, N. Y.
Traffic Man.— J. M. Hannaford, St. Paul, Minn.
Gen. Man.—W. S. Mellen, St. Paul, Minn.
Supt. — Newman Kline, Seattle, Wash.
Gen. Purch. Agent— W. G. Pearce, St. Paul, Minn.
Chief Engineer— J . W. Kendrick, Chicago, 111.
Gen. Auditor— J. A. Barker, New York, N. Y.
Auditor— M. P. Martin, St. Paul, Minn.

784 Sea View RR.

President— W. A. Schroeder, Brooklyn, N. Y.
Treasurer — Isidore M. Bon. Brooklyn, N. Y.
Gen. Supt. <fc Ma-st. Mech.—Wm. Finley, Flatbush, N. Y
Gen. Tkt. Agt.— P. W. Watkins, Flatbush, N. Y.

785 Sebasticook and Moosehead RR.

President — Thomas Temple, Fredericton, N. B.
Vice-President—G. J. Shaw, Hartland, Me.
Secretary— D. E. Thompson, Hartland, Me.
Treasurer — J. O. Bradbury, Saco, Me.
Superintendent— L. Hoxie, Hartland, Me.
Master Mechanic — J. Matthews, Hartland, Me.
Road Master— S. Johnston, Hartland, Me.

786 Seneca Falls and Caywga Lake RR.

Oioner-K. W. Dieter, New York, N. Y.
Treasurer— C. E. Dieter, New York, N. Y.

787 Shade Creek KR.

President— S. H. Baker, Pittsburgh, Pa.
Secretary— Robert Pepperday, Johnstown, Pa.
Treasurer— John Whitsell, Johnstown, Pa.

788 Sharpsvllle RR.

Pres. & Gen. Man.—J. V. Patton, Pittsburgh, Pa.
V.-Pi*es. & Treas.—S. B. Washington, Pittsburgh, Pa.
Superintendent— Gt. M. Mcllvain, Sharpsville, Pa.
Sec. & G. P. Agt.—W. L. Washington, Pittsburgh, Pa.

l*- K' Harri8'

Gen. Fgt. Agent-C. S. Wight, Pittsburgh, Pa.
Master Mech.— James Glass, Sharpsville, Pa.

130

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

789-805

7S9 Shepaug, Lltehfleld A; Northern Kit.

nt—Jno. L. Maciuilay, NVw York. N. I",

in. II. StrvfiHoii, Bridgeport, Conn.
ecretary —ft. V. Cary. New York, N. Y.

jt, -Philip P. Hubbard, Litchfleld, Ct.

/'. A.

)[•••/>.— A. J. Bronghel. Hawleyville, Ct.
R<Hid Mast* r— D. C. Garrison, Roxbury Station, Ct.

790 Shore Line Ry.

i'-nt- Richard J. Cross, New York, N. Y.
Chairni. />. ('»//>. Russell Sa<_re. New York, N. Y.
V.'Prt*. A Mat'. Dir.— Hugh H. McLean. St. John, N. B.

. And.. <-<n- A'-,'/., / Gerard G. Ruel,
P<i**. A Tkt. Ant. \ St. John, N. B.

:,/,.„,/,;,/— Frank J. McPeake, St. John, N. B.
Master Mf>'/ia//ir- Thomas Ln^an, St. John, N. B.
Sapt. of Bridge*— Robert J. Austin. St. George, N. B.
R>~>ad .^faster—John Flinton, St. Stephen, N. B.

791 Sierra Valley and Mohawk RR.

fit— James T. Boyd, San Francisco. Cal.
'resident— Charles Kohler. San Francisco, Cal.

Treas. — H. D. Perry. San Francisco, Cal.
Chief Engineer— Hubert E. Green, Mohawk, Cal.

79-^ Silver City and Northern RR.

'f— C. Laurence Perkins, New York, N. Y.
T ice-Pre^ & » T G Condon, Colorado Springs, Col.

2d Vice-Pres. — W. R. Varker, Colorado Springs, Col.
>vc. A Treas.—R. P. Perkins. New York. N. r.
Gen. Supt.—J. B. Gilchrist, Whitewater. N. Mex.

793 Silver Lake RR.

President — Arthur G. Y'ates, Rochester, N. Y".
Vice-Pn*. A Treas.-U. H. Warner, Rochester, N. Y.
Sec.AG.F.AP.A.— Chas. H. Blakeslee, Rochester. N. Y.
Gen. Superintendent— Harry Yates, Perry, N. Y'.

794 Silver Springs, Ocala and Gulf RR.

President — Thomas C.Hoge, New Y"ork, N. Y.
Vice- President— S. Y. R. Cruger, New York. N. Y.
Gen. Counsel— R. A. Buford, Ocala, Fla.
Treasurer — J. B. Upham, New York. N. Y.
Secretary— Robert B. Upham. New York, N. Y.
Qen.Man.,Ch.En.ikPur.Ag.—A.. P. Man, Jr., Ocala. Fla.
G. F. A P. Ayf.—J. O. Clarke, Ocala, Fla.
A.vf. Trea*.— Edgar C. Bird, Ocala, Fla.
Superintendent— O. G. Finch, Ocala. Fla.
Road Matter— W: B. Haynes, Leroy, Fla.

795 Silverton RR.

President— Quo Mears. Denver, Col.
Vice-President— John A. Porter. Durango, Col.
Vice- Preside nt—O. P. Posey. Whitewater, Wis.
Treasurer— John L. McNeill, Denver, Col.
Secretary— J no. W. Wingate, Silverton, Col.
Ger>. Man. A Tkt.Agt.— Moses Liverman. Silverton, Col.
Gen. Pass. A Tkt. Agent— S. K. Hooper. Denver. Col.
Chief Engineer— J. H. Ernest Waters, Telluride, Col.
Road Master— George C. Logan. Silverton, Col.
Attorney— Adair Wilson, Denver, Col.

796 Sinaloa and Durango Railroad.

President— J. G. Stetson, Boston. Mass.
Treasurer — S. W. Richardson, Boston, Mass.

] ipt.— George R. Douglass, Culiacan, Mex.
Clerk— F. E. James, Boston, Mass.

797 Sinuemahoning Valley RR.

President— Frank H. Goodyear. Austin, Pa.
Vice-Pres. A Gen Man—C. W. Goodyear. Austin. Pa.
Treas. A And.—E. O. Cheney. Buffalo, N. Y.
Secretary— X. N. Metcalfe, Wrights, Pa.
G. P. A F. A.—H. C. Underbill, Buffalo. N. Y'.
Train Master— Hugh Hutchinson, Austin, Pa.
Master Mechanic— L. T. Johnson. Austin. Pa.
Mast. Car Rep.—C. S. Denton, Austin, Pa.

798 Sioux City and Northern RR.

Pres., Gen. Man. & P. A.-Y. C. Hills, sioux City, la.
V,,; -/'/»;,/. ///—James E. Booge. Sioux City, la.
Treasurer— A. S. Garretson. Sioux City, la.
Sec. <fe A**f. '/'»</*.— D. S. Elliott. Sioux City. la.
Gen. Cou>i#ct—Wrisht & Hubbard. Sioux City, la.
Traffl'- .»/'//"/'/-/ Ja>. V- .Mahouey. Sioux City, la.
Gen. Fgt. Agt.—i. N. Tittemore, Sioux City, la.
Gen. Pass. Agent— \\~. B. McNider, Sioux City, la.
A>iditi,t— George Hills. Sioux City, la.
c/it-f Knq'n»-'-r—l*. F. Wakefleld. Sioux City, la.
Mnxt. r MecAanU J. G. Bum-rfleld. Sioux City. la.
Train Mu*t. tt-('ar Acrf.--\\'. W. Flack, Sioux City, la.
Road Mi*trr—M. Sheely, Sioux City. la.
s»pf. 7irh!f/e*— Charles A. Norrhup, Sioux City. la.
Land <'»m.—Y. A. Seaman, Sioux City, la.

799 Sioux City, O'Ncil and Western Ry.

Treasurer— A. S. Garretson, Sionx City, la.
Secretary— S. C. Coombs. Sioux City, la.
Chief Engineer— L. F. Wakefield, Sioux City, la.
Gen. Tkf. Agt.—\\. B. McNider. Sioux City, la.
Gen. Fgt. Agt.—J. N. Tittemore. Sioux City. la.
J/a*f. Mack. A CV/r^.-J.G.Butterfleld, Sioux City. la.
J/<7.xY. Tranxp.—W. W. Flack. Sioux City, la.
Road Mfixt*r—yi. Sheeley. Sioux City. la.
Supt. Bridges— C. A. Northup, Sioux City, la.
Auditor— George Hills, Sioux City, la.

800 Sioux Falls Terminal.

Prw/m/—R. F. Pettigrew. Sioux Falls, So. Dak.
Vice-Pres.— Charles F. Manderson. Sioux Falls. So. Dak.
G. M. & 7Vv?«*.— S. L. Tate, Sioux Falls. So. Dak.
Secretary— C. G. Ferguson. Sionx Falls, So. Dak.
Gen. Fgt. Agt.—F. W. Pettigrew, Sioux Fails. S. Dak.
Gen. Tkt. Agt.—D. P. Beech, Sioux Falls, So. Dak.

801 Sioux Falls, Yankton ami Southwestern
Ry.

President— C. J. B. Harris, Yankton, So. Dak.
Vice- Pi -evident -Geo. R. Scougal, Yankton. So. Dak.
Sec. cfe Traf. Man.— Geo. R. Scougal, Yankton, So. Dak.
Treasurer— J. C. McVay. Yankton, So. Dak.
Superintendent— Robert Yates, Yankton, So. Dak.

802 Skaneateles Railroad.

President— John E. Waller. Skaneateles, N. Y.
Vice- Preside nt—'R. C. Sherman, Mottville, N. Y.
Tr.,G.M.,G.S.,C.E., 1

f J- McNamara, Skaneateles, N.Y.
Supt. Bridges J

Secretary— George Barrow, Skaneateles, N. Y.

MKr'VRep.' & r^artin Fennell. Skaneateles, N. Y.
Road Master— Jas. King, Skaneateles, N. Y.

803 Slate Run RR.

President— James B. Weed. Binghamton, N. Y.
Treasurer— Y. M. Weed. Binghamton. N. Y.
Secretary— Wm. S. Hill, Binghamton. N. Y.
Gen. Supt.—E. C. Rodman, Slate Run, Pa.
Chief Engineer— A.. P. Bovier. Elmira, N. Y.
Gen. Co>insd— William H. Jessup, Montrose, Pa.

804 Smithsonia and Dnulay RR.

Proprietor— James W. Smith, Smithsonia, Ga.

805 Somerset County RR.

Pres. rf- Gen. Man.— Max Schweibinz, Confluence, Pa.
&c. A Trtas.—P. H. Schweibinz, Confluence, Pa.
Acting Sec.— Alfred Schweibinz. Confluence, Pa.
Superintendent — Joseph Heinen, Confluence, Pa.
Master Mechanic— Denis Lowney, Confluence, Pa.
Road Master- Jacob Conn, Draketown, Pa.

Railway History is a special feature of Poor's Manual of Railroads. Tou should
consult that standard authority if you desire to acquire knowledge of this character.

131

SOM-SOU.

POOR S DIRECTORY OF RAILWAY OFFICIALS.

SOti— 814

806 Somerset Ry.

President & Purch. Agt.— John Ayer, Oakland, Me.
Vice-Pres.— R. W. Dunn, Waterville, Me.
Treas. & Sec.— A.. R. Small, Oakland, Me.

Mach.—C. Crowell, Oakland, Me.
Road Matter— David O. Sawtell. Oakland, Me.
Mast. Car Reps.— S. P. Mosher, Oakland, Me.
Master Car Painter— S. B. Redmond, Oakland, Me.

8Or Sonora Railway.

President— Allen Manvel, Chicago, 111.

Vice- President & And.— 3. W. Reinhart, Boston, Mass.

2tf Vice-President— R, R. Symon, London. Eng.

Gen. Manager— A. A. Robinson, Topeka, Kan.

Treasurer— G. L. Goodwin, Boston, Mass.

Secretary— L. C. Deming, Boston, Mass.

-4. & cfe A. T.— E. Wilder. Topeka. Kan.

^(/z;. Tm/. Xffr.—J. A. Hnnlcy, Chicago, 111.

JVw«. TVff/. Mgr.— W. F. White, Chicago, 111.

Auditor— J. W. Reinhart, Boston, Mass.

Comptroller— 3 '. P. Whitehead, Boston, Mass.

^lss£. £en. Man.—U. T. Richards, Guaymas, Mex.

.£«*£. ^iMd.— W. E. Walsh, Guaymas, Mex.

Cashier — W. J. Farragut, Guaymas, Mex.

Purch. Agent— W. G. Tuller, Topeka. Kan.

G. F. &P. A.— J. A. Naugle, Guaymas, Mex.

Car Accountant — C. D. Taylor, Gnajmas. Mex.

Master Mechanic— I*. Strom, Gnaymas, Mex.

Resident Engineer — J. G. Kendall, Guaynms, Mex.

Netv Mexico and Arizona RR.
President— A. Manvel, Chicago, 111.
Vice-President— 3 . W. Reinhart, Boston, Mass.
Sec. & Irea-s.— E. Wilder, Topeka, Kan.
Asst. Treas.— G. L. Goodwin, Boston, Mass.
Asxt. Sec. — L. C. Deming, Boston. Mass.
Manager— A. A. Robinson, Topeka, Kan.
Comptroller— 3 . P. Whitehead, Boston, Mass.
Gen. Auditor— S. W. Reinhart, Boston, Mass.
Superintendent— H. T. Richards, Benson, Ariz. T.
Gen. F. & P. A.—C. R. Hudson, Guaymas, Mex.
Master Mechanic— Thomas Forsyth, Benson, Ariz.

808 south and North Carolina RR.

Pres. & Gen. Man.— P. L. Bridgers, Atkins, S. C.

Sec. & Solicitor— 3. T. Barron, Columbia, S. C.

Gen. Supt.—John Barron, Atkins, S. C.

Gen. Fgt. & Tkt. Agt.—N. B. Rankin, WiImington,N.C.

809 South Atlantic and Ohio Ry.

President— John C. Haskell, Bristol, Tenn.

Sec. & Treas.— George A. Blackmore, Bristol, Tenn.

Gen. Attorney— J. B. Richmond, Gate City, Va.

Gen. Man. & Pur. Agt.—D. H. Conklin, Bristol, Tenn.

G. Ft. &P. Agt.—C. L. Bunting, Bristol, Tenn.

Master Mechanic— John. King, Bristol, Tenn.

Gen. Auditor— E. A. West, Bristol, Teim.

Road Master— A. B. B. Harris, Bristol, Tenn.

Trav. Agt.— A. A. Ricketts, Bristol, Tenn.

810 South Brooklyn Ry. and Terminal Co.

President— 3no. W. Anderson, New York, N. Y.
Treasurer— W. Bayard Cutting, New York, N. Y.
Secretary — Francis H. Bergen, New York, N. Y.

811 South Bound RR.

President — H. M. Comer, Savannah, Ga.

Vice- President— B. A. Denmark, Savannah, Ga.

Secretary — M. Hamilton, Savannah, Ga.

Gen. And. & Treas.- William Ellis, Savannah, Ga.

Trav. Aud.—H.. O. Carter, Savannah, Ga.

Gen. Man. &

812 South Carolina Ry.

Receiver— D. H. Chamberlain, Charleston, S. C.
President— Henry P. Talmadge, New York, N. Y.
Vice- President— Jas. J. Higgmson, New York, N. Y.
Sec. and Treas.— W. T. Minor, New York, N. Y.
Cashier for Receiver— W . G. Mazyck, Charleston, S. C.
Gen. Manager— G. M. Ward, Charleston, S. C.
Superintendent— 3. M. Turner, Charleston, S. C.

- ' «• *. Baring, Chacon, 8. C.
Eoa.fl Master— R. G. Ward, Charleston, S. C.
Auditor— W. E. Stoney, Charleston, S. C.

Chief Eng.
PUJr$'Aff!'

&

Geo. Dole Wadley, Savannah, Ga.

J' F> Babbitt' Jr-> Savannah, Ga.

W' P'

, Savannah, Ga.

& \3' L" Mallett«> Savannah, Ga.
Road Master— -W. A. Moore, Savannah, Ga.
Gen. E. Agt.— Carroll H. Smith, New York, N. Y.

i T. B. Slade, Columbia, S. C.
D. S. Cowan, Savannah, Ga.

j-E. M. Roberts,Charleston, S. C.

Gen. Bar/. Ag"t.—C. N. Wells. Charleston, S. C.
Master of Tramp.— IS.. O. Dimkle, Charleston, S. C.
Eng. Main, of Way—'K. G. Ward, Charleston, S. C.
Maxtor (Jar folder.— G. H. Gramblin<r, Charleston, S.C.
Car Accountant— II. V. O'Rourke, Charleston, S. C.
Gen. Agt.—Theo. G. Eger, New York, N. Y.
Contracting Fgt. Agt.—S. W. Wrilke«, Atlanta, Ga.
N. E. Agt.— 3. A. Flanders, Boston, Mass.

813 Southern Iowa Ry.— Officers same as those
of the Liverpool Coal Ry., which see.

814 Southern Pacific Company.

GENERAL OFFICERS.

I Chairman Ex. Com. — Leland Stanford, San Fran. , Cal-
' President— C. P. Huntington, New York, N.Y.

Act. Vice-Pres.—l. E. Gates, New York, N.Y.

1st V.-Pres.— Charles F. Crocker, San Francisco, Cal.

2d V.-Pres.— A. N. Towne, San Francisco, Cal.

M V.-Pres.— 3. C. Stubbs, San Francisco, Cal.

Sec. and Cont.—G. L. Lansing. San Francisco, Cal.

Treasurer—^. T. Smith, San Francisco, Cal.

Asst. Treasurer— F. H. Davis, New York, N. Y.

Asst. Clerk— C. P. Krebs. Louisville, Ky.

Trans. Agt.—Geo. Watkins, New York, N.Y.

OFFICIALS OF THE LINE.

G. M. Pac* Sys.—K. N. Towne, San Francisco, Cal.
G. M. All. Sys.—3. Kruttschnitt, Houston, Tex.
G. Traf. M an.— Richard Gray, San Francisco, Cal.
Asst. G. Traf. Man.—E. Hawley, New York, N. Y.

(1) PACIFIC SYSTEM.

Gen. Supt. — J. A. Fillmore, San Francisco, Cal.

Asst. Gen. Supt.—R. H. Pratt, San Francisco, Cal.

Chief Engineer— Wm. Hood, San Francisco, Cal.

Eng. M. 6fW.— W. G. Curtis, San Fran., Cal.

Man. Lines in Oregon— Richard Koehler, Portland, Ore.

Asst. Eng.M. of W.-^3. H. Wallace, San Francisco, Cal.

Asst. Eng. M. of W. -Arthur Brown, San Francisco, Cal.

Gen. Auditor— E. C. Wright, San Francisco, Cal.

Tick. Aud.—E. E. Holton, S. Francisco, Cal.

Fgt. Auditor— C. 3. Wilder, San Francisco, Cal.

Trav. Aud.—E>. F. Gerald. San Francisco, Cal. r~

Car Acct.— Wm. McKay, San Francisco, Cal.

A. M. P. & M. D.— N. H. Foster, San Francisco, Cal.

Purch. Agent— R. Stevenson, San Francisco. Cal.

G. P. A.—T. H. Goodman, San Francisco, Cal.

1st Asst. G. P. A.—R. A. Donaldson, S. Francisco, Cal.

2d As. G. P. A.— Jas.Horsburgh, Jr., S. Francisco, Cal.

MAsgt.G.P.A.—B.. P. Judah, San Francisco, Cal.

Gen. Ft. Agt.—C. F. Smurr, San Francisco, Cal.

1st Asst. Gen. Ft. A.— 3. M. Crawley, Los Angeles, Cal.

•2d Asst. Gen. Ft. A.— Wm. Sproule, S. Francisco, Cal.

3d Asst. Gen. Ft. A.— A.. D. Shepard, S. Francisco, Cal.

4th Asst. Gen. Ft.A.—E. 3. Martin, San Francisco, Cal.

G. B. A.—C. L. Crabtree, San Francisco, Cal.

Cashier— C. H. Cummings, San Francisco, Cal.

Paymaster — J. M. Hanford, San Francisco, Cal.

Supt. of Teleg.—F. L.VanDenburgh, San Francisco,Cal.

Ld. A. C. P. R. R.—W. H. Mills, San Francisco, cal.

Ld. A. S. P. R.fi.—3cTQme Madden, San Francisco. < al.

Tax Com.—E. B. Ryan, San Francisco, Cal.

Gen. Counsel— Creed Haymond, San Francisco, Cal.

Division Superintendents.— A. D. Wilder, Oakland,
Cal. ; J. B. Wright. Sacramento, Cal. ; J. H. Whiu-d,
Fresno, Cal. ; S. W. Knapp, f
Hewitt, Los Angeles, Cal. ; J. A

Trav. Fgt. & Pass. Agts.

Ogden, Utah : K. K.

. Muir, Asst.. Los An-

geles. Cal. ; W. W. Prugh, Stockton, Cal.; J. L. 1
Wadsworth, Nev. : J. S. Noble, Tucson, Ariz. : K. L.

Myrick, Carlin, Nev.; James Agler, Dansmulr, Cal

132

Sou-Sou.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

814-814

814 Southern Pacific Company. — C»,,r,i,nrd.

D. Burkhnlter, Moiave, Cal.: L. Fillmore, San Fran-
cisco, Cal.; L. li. Fi*-Uts. Portland, on-.

J.v.v/1. N'//>/. s/i:<.- A. Foster, Sacramento, Cal.

li'tidriit AV/;/^c/\v--W. S. Palmrr. Oakland Pier,
Cal.; T. Fitzgerald. Ogden. U. T. ; W. C. Ambrose,
Tulare, Cal. : 11. UAWgood. Los Angeles, Cal. ; H.
Cooley.Dunsumir, Cal.; \V. A. Groiidalil, Portland, Ore.

MOTIVE POWBH AND MACHINERY DEPARTMENT.

XHJ>(. Mntii-* /*>//-., l- .l/««-A.—H. J. Small. San Fran., Cal.
Matt. Car B'r— Benjamin Welch. San Francisco, Cal.
\ II. L. Stevenson, Sacramento, Cal.
, w H KllsselK Los An-eles. Cal.
Mech.— T. W. Heintzleman, Sacramento, Cal.
ie, Oakland, Cal.

Fin. 'Mack. Shp.— George D. Welch, Oakland. Cal.
J/a*V. Car Rep.— W. B. Ludlow, Oakland, Cal.
IT T? i ir J F- E. Simpson, Laihrop, Cal.
/m. /tow/ //. ] j w ciai!k) Sacramento, Cal.
Gta. F///. .!/"«('/?. >'.— E. M. Lucket, Sacramento, Cal.
Fm. Boiler Shop— James Dunnigan, Sacramento, Cal.
Fm. Blacksm. Shop—^. Uren, Sacramento. Cal.
Fm. Foundry— M. A. Baxter, Sacramento. Cal.
Fm. Cop. Shop—Gu.*. Bauman. Sacramento, Cal.
Gen.Fm. Car Shorn— V. Lemay, Sacramento, Cal.
J^w. Paint Shop— \\ . C. Fitch. Sacramento, Cal.
.F»i. Uph. Shop—L. Duensing, Sacramento, Cal.
Fm. Pafr. -Shop— I. C. Shaw. Sacramento. Cal.
F>n. Cabinet Shop—T>. A. Leitch. Sacramento, Cal.
Mast. Car Rpr. --Phil. Douglass, Sacramento, Cal.
Fm. Yard—A. Becker, Sacramento, Cal.
Fm. Hound House— V. W. Wallace. Rocklin, Cal.
Fm. Round H.— George A. Angus, Trnckee, Cal.
Master Meek. — George H. Hunt, Wadsworth, Nev.
Mast. Carltpr.—W. McPherson. Wads worth, Nev.
Fm. Pound H.— Chas. Duncan, Winnemucca, Nev.
Master Mech.—f. Sheedy, Carlin, Nev.
Mast. Car Rpr.— D. D. McRae. Carlin. Nev.
Master Mechanic— P. Sheedy. Terrace, Utah.
Ma ft. Car Rpr.— A. Sherburne, Ogden, Utah.
Fm. Round H.—C. E.Maynard. Osden, Utah.
Ma*t. Me<'h.—R.. Stillman. Dunsmuir. Cal.
Fm. Car S/top—C. Gill, Dnnsmuir. Cal.
Fm. Round H.—J. C. Day, Red Bluff, Cal.
Mast. Mech.— M. W. Cooley. Bakersfleld. Cal.
Fm. Round H.—Thos. Carrick, Bakersfield, Cal.
Masttr M*ch. — George Gi-egg. Los Angeles. Cal.
Mast. Car Rpr. -C. E. Donnatin. Los Angeles, Cal.
_}[a..*t, r Mech.—'R. W. Gray. Tucson. Ariz.
Mast. Car J?ep.—J. B. Finley. Tucson, Ariz.
Fm. Skaf9—C. Wickstrom, Vallejo. Cal.
Man. Car Btn'rg—'F. N. Bellisle. San Francisco, Cal.
A**t. M. M., Stock Z>i»\— M. J. Crosby. Stockton, Cal.
Mast. Mtch.—A. Brandt, Portland, Ore.

(2) COAST DIVISION.

Superintendent— W. H. Haydock. San Francisco. Cal.
Am. fr. P. A.— H. R. Judah, San Francisco, Cal.
A**t. Gen. F. A.—E. J. Martin, San Francisco, Cal.
Road Master— J. T. Mnrphy. San Jose. Cal.
Fm.Eepair*— Judson Rice, San Jose, Cal.
Maxt. Mach.—R. McKerron. San Francisco, Cal.
Mast. Car Bldr.—Y. N. Bellisle. San Francisco, Cal.
Act. Res. Ena.— Joseph Murphy, San Jose, Cal.

(a) Southern Pacific RR. of California.
Pi-'ti'lrnt—Chue. F. Crocker, San Francisco, Cal.
Vice-Pres.— Timothy Hopkins. San Francisco, Cal.
Agent cfe Atty.—C. P. Huntington. Ne\v York. N. Y.
Secretary— J. L. Willcutt, San Francisco, Cal.
Treasurer—^. T. Smith, San Francisco, Cal.

(b) Southern Pacific RR. of Arizona.
President— Chas. F. Crocker, San Francisco, Cal.
Vice- President— Timothy Hopkins. San Francisco, Cal.
Sec. & Treas.—F. S. Douty, San Francisco, Cal.

814 Southern Pacific Company.— Continued.

(c) Sn'ith'rn Pa.i-ifi,- RR. of X> -//• M-
l'rrxidfn.f— Chas. F. Crocker. San Francisco. Cal.
y\ce-Prt*ident— Timothy Hopkins. San Francisco, Cal.
Sec. & Treat.— Y. S. Do'uty, San Francisco, Cal.

(d) Smth. Pacific Coast Ry.
President— Leland Stanford, San Francisco, Cal.
Vice-President— Ch&*. F. Crocker. San Francisco, Cal.
Secretary W. V. Huntington. San Francisco, Cal.
Treasurer— Timothy Hopkins, San Francisco, Cal.

President— Chas. F. Crocker, San Francisco, Cal.
Vice -President— Timothy Hopkins, San Francisco. Cal.
XnT'tt/ry—W. V. Huntington. San Francisco, Cal.
Treasurer — N. T. Smith, Sun Francisco. Cal.

(/) Northern California Ry.
President— C. F. Crocker, San Francisco, Cal.
lice- President— T. Hopkins, San Francisco, Cal.
Secretary A Treas.—Y. S. Douty, San Francisco, Cal.

(g) Central Pad fa RR.

President— Leland Stanford, San Francisco, Cal.
1st Vice-Pres.—C. P. Huntington, New York. N. Y.
M Vice-Pres.— Charles F. Crocker, New York, N. Y.
3d Vice-Pres.— A. N. Towne, San Francisco, Cal.
Secretary- -E. H. Miller, Jr.. San Francisco, Cal.
Treasurer — Timothy Hopkins, San Francisco, Cal.

(h) Oi'egon and California RR.
Pre.t'tdfnt— Leland Stanford. San Francisco, Cal.
Vice- Preside nt—C. P. Huntington, New York. N. Y.
•2d Vice- President— Richard Koehler, Portland, Ore.
Secretary — Geo. H. Andrews, Portland, Ore.
Asst. Secretary— I. E. Gates. New York, N. Y.
Treasurer — Timothy Hopkins, San Francisco, Cal.

(i> Oregonian RR.

President —R. Koehler, Portland, Ore.
Secretary A Treasurer — G. H. Andrews. Portland, Ore.

(j) California Pacific RR.
Presiden t— Vacant .

Vice-Pre*ident—^. T. Smith, San Francisco. Cal.
Secretary — W. V. Huntington, San Francisco, Cal.
Treasurer— Timothy Hopkins, San Francisco, Cal.

(8) ATLANTIC SYSTEM.

**rRR^& ^SS^Co \^' C' Hutchinson, New Orleans, La.

Gen. Man.— 3. Kruttschnitt. Houston. Tex.

Traffic Man.—J. G. Schriever, New Orleans, La.

Trdf. Man. for Tej\—D. Ripley, Houston. Tex.

Local Treas. — John B. Richardson. New Orleans, La.

Gen. Auditor— E. M. Underbill, New Orleans. La.
I Gen. Fgt. Agt.—C. W. Bein, New Orleans, La.
j Gen. Fgt. Agt.for Texas— H. A. Jones, Houston, Tex.

G. Pass, ci- fkt. Agf.—'W. C. Watson. New Orleans, La.

Attorneys— .Leo\y & Blair. New Orleans. La.
1 Gen. Bag. Agt.—W. C. Faust, New Orleans, La.

Supt. of Telegraph— F. Peters. New Orleans. La.

Supt. B. cfc B.— D. K. Colburn. Houston. Tex.

A.ist. Supt. B. d- B.—H. Small. San Antonio, Tex.

Asst. Supt. B. <fe B.— A. McDonald, Houston. Tex.

A**t. Supt. B. cfc B.— C. C. Mallard, Algiers, La.

I (a) Morgan, Louisiana and Texas RR., and SS. Co.

i President— A. C. Hutchinson. New Orleans, La.

i V.-P. <fc Traf. M.-J. G. Schriever. New Orleans. La.

Sec. <fc Trtas.—J. B. Richardson, New Orleans, La.
1 Asst. Secretary— 1. E. Gates. New York. N. Y.

General Manager- J. Kruttschnitt, Houston, Tex.

Superintendent — W. F. Owen, Algiers. La.

Gen. Pass. Agt.—W. C. Watson. New Orleans. La.

Gen. Bag. Agt.—W. C. Faust. New Orleans. La.

Purch. Agent— C. Trumpy. New Orleans. La.

Mast. Mech.— J. D. Connell, Algiers. La.

Dir. Master Mech.— J. Mitchell, Lafayette. La.

The Securities of Municipalities are growing in popularity as investments. Intend-
ing or actual investors who desire to learn the financial condition of any city, town,
county, or State, should subscribe for Poors Hand-Book of Investment Securities :
price, $4. Published at 70 Wall St., New York.

133

SOU-STA.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

814-820

814 Southern Pacific Company.— Continued.

For. Loco. Rep. — Jno. Nolan, Algiers. La.
Gen. For. Car Dept.—P. J. Maguire, Algiers, La.
For. Car Shop— 3. Hildebrand, Algiers, La.
Mast. Car Pntr.—C. W. Smith. Algiers, La.
7?/™/v Tiff, t J J- H- Callen, Algiers, La.
Road Masters \ p j Watson) L£faye>te, La.

(b) Louisiana Western RR.
President— C. P. Huntington, New York, N. Y.
Vice-President— H. E. Garth. New York, N. Y.
See. & Treas.—l. E. Gates, New York, N. Y.
General Manager — J. Kruttschnitt, Houston, Tex.
Traffic Man.— 3. G. Schriever, New Orleans, La.
Local Treas.— J. B. Richardson, New Orleans, La.
Superintendent— W. B. Mulvey, Houston, Tex.
Gen. Mast. Mechanic — J. J. Ryan, Houston, Tex.
Road Master— Thos. Higgins, Lake Charles, La.

(c) Texas and New Orleans RR.
President— V. P. Huntington. New York, N. Y.
Vice-Pres. & Gen. Man.— 3. Kruttschnitt, Houston, Tex.
Gen. Supt.—W. G. Van Vleck, Houston, Tex.
Superintendent— W '. B. Mulvey, Houston, Tex.
Gen. Fgt. Agt. — H. A. Jones, Houston, Tex.
Sec. & Aud.'—John Bagnal, Houston, Tex.
Asst. Sec.— 1. E. Gates, New York, N. Y.
Treasurer— P. J. Huder, Houston, Tex.
Attorney— E. P. Hill, Houston, Tex.
Land Comm.—G. C. Gibbs, Houston, Tex.
Asst. Land Comm.—G. W. Polk, Houston, Tex.
Gen. Baggage Agent — Vacant.
Gen. Mast. Mechanic — J. J. Ryan, Houston, Tex.
Road Master— John De Courcy, Houston, Tex.

(d) Sabine and East Texas Ry.
President— J. Kruttschnitt, Houston, Tex.
V.~Pres., Supt. & Treas.- W. S. Hoskins, Beaumont, Tex.
Asst. Sec.—Wm. Mahl, New York, N. Y.
Auditnr— W. S. Hoskins, Beaumont, Tex.
Gen. Fgt. c6 Pass. Agt.—W. S. Hoskins, Beaumont, Tex.
@en. Mast.' Mechanic— 3. J. Ryan, Houston, Tex.
Road Master — G. A. Odell, Beaumont, Tex.

(e) Galveston, Harrisburg & San Antonio Ry.
President— G. P. Huntington, New York, N. Y.
Vice-Pres. & Gen. Man.— 3. Kruttschnitt, Houston, Tex.
Gen. Supt.—W. G. Van Vleck, Houston, Tex.

( J. T. McGueeney, San Antonio, Tex.
Div. Supts. •{ R. H. Innes, San Antonio, Tex.

( W. R. Martin. El Paso, Tex.
Gen. Fgt. Agt.—R. A. Jones, Houston, Tex.
Sec. & And. — John Bagnal, Houston, Tex.
Treasurer— P. J. Huder. Houston, Tex.
Asst. Sec. & A. Treas.— Chas. Babbidge, New York, N. Y.
Attorney— E. P. Hill, Houston, Tex.
Land Comm.—C. C. Gibbs, Houston, Tex.
Asst. Land Comm.—G. W. Polk, Houston, Tex.
Gen. Baggage Agent— Vacant.
Gen. Master Mechanic — J. J. Ryan, Houston, Tex.
TU™ Kf \ra*i o i Ed. Ryan, San Antonio, Tex.
Div. M. Mechs. } Q De Young. El Paso, Tex.
Gen. Forem. Mac. Shop — G. W. Butcher, Houston, Tex.
Gen. Forem. Car Shop— 3. R. Cade, Houston, Tex.
Foreman Paint Shop — A. J. Jourde, Houston, Tex.
Mast. Car Rep.— J. H. Masterson, Houston, Tex.
f J. A. Perry, Houston, Tex.
| A. P. Blue, Glidden, Tex.

J J • p- Kelly, San Antonio, Tex.
^ p E Kelly5 Del Rio Tex

I H. Stevens, Marfa, Tex.

[ John Doley, Sierra Blanca, Tex.

(/) Gulf, Western Texas and Pacific Ry.
President— 5. Kruttschnitt. Houston, Tex.
V.-Pres. & Gen. Su.pt.— M. D. Monserrate, Victoria, Tex.
Secretary— C. S. Wells, Victoria, Tex.
Treas. & G. F. & P. A.— W. J. Craig, Victoria, Tex.
Auditor - R. S. Batson, Victoria, Tex
Gen. Master Mechanic — J. J. Ryan, Houston, Tex.
Div. M. M.— James Mooney, Victoria, Tex.
Road Master— M. C. Whalen, Victoria, Tex.

(g) New York, Texas and Mexican Ry.
Pres. & G. M.—J. Kruttschnitt, Houston, Tex.
V.-P. & Gen. St.—^L. D. Monserrate, Victoria, Tex.
Treas. & G. F. & P. A.— W. J. Craig, Victoria, Tex.
Secretary— C. S. Wells, Victoria, Tex.

814 Southern Pacific Company. — Continued.
Train Master— L. S. Daniel, Victoria, Tex.
Auditor— R. S. Batson, Victoria, Tex.
Gen. Master Mechanic— J. J. Ryan, Houston, Tex.
Div. M. M.— James Mooney, Victoria, Tex.
Road Master— M. Westbrook, Victoria, Tex.

f W. L. Knight, San Francisco, Cal.
J. B. Lauck, San Francisco, Cal.
Henry Steere, Los Anireles, Cal.
. E. T. Brooks, Syracuse, N. Y.
rr, -r, t . ! J. R. Robinson, Chicago, 111.
Trav. Pass. AgtS.\ w c Gregory, Cincinnati, O.
G. W. Ely, Montgomery, Ala.
R. H. Hill, Atlanta, Ga.
T. F. McCandles, Dallas, Tex.
[R. O. Bean, Nashville, Tenn.
Chinese Pass. Agt. — W. Choupian, Havana, Cuba.

815 Southfleld Branch RR.

President — Macgrane Coxe, New York, N. Y.
Tre as urer— Louis C. Clark, New York, N. Y.
Secretary— Peter T. Barlow, New York, N. Y.
General Manager— C. R. Westbrook, Sterlington, N. Y.
Asst. Supt.— 3. S. Ford, New York, N. Y.

816 South Florida RR.

Pres & Gen. M.— James E. Ingraham, Sanford, Fla.
Vice- President— E. B. Haskell, Boston, Mass.
Treasurer— G. C. Haskell, Sanford, Fla.
Secretary-R. B. Smith, New York, N. Y.

SU&PurTh A°gf' MaSt' \ B" R" Swo°Pe> Sanford< Fla"
And. & G'F.'& T. ^.—Wilbur McCoy, Sanford, Fla.
Consulting Engineer — T. L. Morton, Sanford, Fla.
Supt. of Teleg.—Jno. S. Arnold, Sanford, Fla.
Siipt. of Transp.—M.. H. Bowler, Sanford, Fla.
Mast. Mech.—H. Derby, Sanford, Fla.
Mast. Car Bldr.—A. B. Allen, Sanford, Fla.
Mast. Car Painter— Geo. D. Siday, Sanford, Fla.
Car Accountant— Ira E. Kaufman, Sanford, Fla.

) T- J- Richardson, Sanford, Fla.

- c w Parham, Sanford, Fla.
Knn,j if/,./*... J W. H. Weatherly, Kissimee, Fla.
Road Masters } Q w Malsby, Lakeland. Fla.
Gen. Land Agt.—D. H. Elliott, Sanford, Fla.

817 South Manchester RR.
President— F. W. Cheney, South Manchester, Ct.
Sec. & Gen. M.— Richard O. Cheney, S.Manchester,Ct.

. & G.

chag g Cheney) Soilth Manchester, Ct.

818 Spokane Falls and Northern Ry.

Pres. & Gen. Man.—T). C. Corbin, Spokane Falls, WTash.
Vice-President— A. A. Newbery, Spokane Falls, Wash.
Sec. & Treas.— 3. K. O. Sherwood, New York, N. Y.
Asst. Treas.— Austin Corbin, 2d, Spokane Falls, Wash.
Superintendent— Frank George, Spokane Falls, Wash.
Chief Engineer— E. 3. Roberts, Spokane Falls, Wash.
Aud. Pas's. Retfts, Traf. cfe \ Geo. H. Martin, Spokane

Tkt. & Gen. And. 1 Falls, Wash.

Mast. Mch.—G. H. Prescott, Spokane Falls.Wash.
Supt. of Bridges— K. 3. Skinner, Spokane Falls, Wash.
Parch. Agt.—O. D. Mott, Spokane Falls, Wash.
Transfer Agt.—Wm. J. Kelly, New York, N. Y.
Gen. Conn. & Atty.— Albert Allen. Spokane Falls, Wash.

819 State Line and Sullivan Ry.

President— 5. Raymond Claghorn, Philadelphia, Pa.
Gen. Man. & Supt.— 1. O. Blight, Towanda. Pa.
Sec. & Treas.— Q. A. Baldwin, Towanda, Pa.
Asst. Sec.—G. E. Alkins, Philadelphia, Pa.

820 Staten Island Rapid Transit RR.

President— J. Frank Emmons, New York, N. Y.

Man. Dir.—Thos. M. King. Baltimore, Md.

Treasurer— W. II. Ijams. Baltimore, Md.

Asst. Treas.— Edward Curry, New York, N. Y.

Sec. & Trans. Agt.— William Keutgen, New York, N. Y.

Auditor— P. H. Cassidy, New York, N. Y.

Gen. Supt.— Frank S. Gannon, New York, N. Y.

Chief Engineer-W . T. Manning, New York, N. Y.

Purch. Agent-W. H. Lewis, New York, N. Y.
Gen. Traf. Agt.—R. W. Pollock, New York, N. Y.
Supt. of Ferries— Charles Kohler, New York, N. Y.
Mast. Mech.—Thos. Tyrrell, Clifton, S. I.

134

STE-TEX.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

831-837

821 Sterling Mountain Ry.

President— Macgrane Coxe, New York, N. Y.
Treasure) — Louis C. Clark New York, N. Y.
Secretary- Y. T. Barlow, New York, N. Y.

[-Iiiiiager— Chas. R. Westbrook, Sterlington, N. Y.
Ckitf Ear/inter— 3. Akers, Sterlington, N. Y.

822 Stewartstown RR.

Pres. & G. M. — dames Fulton, Stewartstown, Pa.
Vice- President— M. W. Balm. New Freedom, Pa.

/.t,/._j. \v. Anderson, Stewartstown. Pa.
AtSt, Trm*. Thos. B. Fulton, Stewartstown, Pa.
Sec., Gen. Supt., \

Purch I! 't "car <~ Johu B> Gemmill< Stewartstown, Pa.
Acct.,FtttiA(/t. j

/'. cfe F. A.— A. G. Bowman, Stewartstown, Pa.
Road Master— Jesse B. Kennedy, Stewartstown, Pa.
Auditor— C. W. Shaw. Stewartstown, Pa.

823 Stony Clove and Cat skill Mountain RR

Pres. cfe Purch. Agt.—S. D. Coykendall, Rondout, N. Y.
Vice.- Pres. * Gen. Pass. \ Georg'e Coykendall, Rondout,
d- Fgt. Agt. d- G. .S'. "( N. Y.
Treas. cfe 'Sec.— Samuel Coles, Rondout, N. Y.
Auditor— O. L. Eastman, Rondout, N. Y.

824 Stony Creelc RR.

President — Jas. Boyd, Norristown, Pa.
Sec., Tr.. Gen. POM. )

cfe Pur. Agt. cfe V Howard Boyd, Norristown, Pa.

Paymaster J

Supt. & Eng.—Geo. B. Boggs, Norristown, Pa.
Auditor — F. C. Boggs, Norristown, Pa.
Road Master— Jos. S. Kohl. Norristown. Pa.

825 Strasburg RR.

j'/-'~*idtnt — H. Baumgardner, Lancaster, Pa.
Treasurer — Thos. Baumgardner, Lancaster, Pa.

826 Stuttarart and Arkansas River RR.

President— Y. M. Gillett. New York, N. Y.
Vice-President— W. F. Durell, Stuttgart, Ark.
Treat. & Gen. Man.—T. H. Leslie. Stuttgart, Ark.
Auditor— C. F. M. Niles, Stuttgart. Ark.
A*fit. Treas.— C. K. Leslie, Stuttgart, Ark.
Gen. Suj)t.—H. G. Leslie, Stuttgart, Ark.
Chief Eng. d A"d.-H. B. Carter, Clarendon, Ark.
Gen. Tkt. cfe Fgt. Agt.—J. M. Clark. Stuttgart, Ark.
Road Master— Perry Foster, Stuttgart. Ark.
Trav.Fgt. d Timber Agt.— J. A. Boyd, Stuttgart, Ark.
Trav. Pass. Ar/t.—H. S'. M. Price, Stuttgart, Ark.
Etnig. Agt.— John Moares, Stuttgart, Ark.

827 Suffolk and Carolina RR.

President— Wm. H. Bosley, Baltimore, Md.

Asst. to Pres.—F. B. Hubbell. Baltimore, Md.

Secretary— John S. Gittings. Baltimore, Md.

Treasurer— W. B. Oliver, Baltimore, Md.

Gen. Man.—Wm. T. Hunter, Suffolk, Va.

Engineer— W. B. Cansey, Suffolk. Va.

Supt. Trans. & Mast. Mch.—H. S. Macleary, Suffolk. Va.

828 Suffolk Lumber Co. 'a RR.

President— W. H.Jackson, Salisbury, Md.
Sec. cfe Treas.— E. E. Jackson, Salisbury, Md.
Gen. Manager— W. M. Whaley, Suffolk, Va.

829 Surry, Sussex & Southampton Ry.

President cfe Gen. Man.—H. T. Waters. Baltimore. Md.
Vice-President—John Walter Smith, Snow Hill. Md.
Sec. cfe Treas.— Francis E. Waters. Baltimore, Md.
Auditor— John P. Moore, Snow Hill. Md.
Gen. Superintendent — Edw. Rogers, Dendron. Va.

830 Suwannee River Ry.

President— Chas. L. Bucki, New York, N. Y.

Gen. Pass. & T. A.— C. S. Beerbower, Jacksonville, Flat

Sec. & Treas.— Charles S. Hirsch, New York, N. Y.

Gen. Supt.— James Veit, Ellaville, Fla.

Gen. Fgt. Ar/l.-ll.ll. McDonald, Ellaville, Fla.

Chf.Enn.& Land Com.— P.W. O. Koerner, Ellaville, Fla.

Mast. Mech.-\\. W. Waterbury, Ellaville, Fla.

Gen. Trav. A(/t.—J. D. Bucky, Jacksonville, Fla.

Asst. to Pies.—A]bert Hirsch; New York, N. Y.

Asst. Auditor— E. Scleevaah, Ellaville, Fla.

831 Sylvania RR.

V.-Pres. & Gen. Man.— John C. Dell, Sylvania, Ga.
See. <(• Treas.— J. F. Lovette, Sylvania, Ga.
Gfii. Fgt. Agt.—H. L. Singellton, Sylvania, Ga.
Road Master— W. L. Mock. Woodcliff, Ga.

832 Syracuse and Baldwinsville RR.

/V,,,W<m*-Chas. D. Marvin. New York. N. Y.
]!<*- /'resident— W. C. Andrews. New York. N. Y.
Treas. & Gen. Man.-Y. F. Bentley.Bald'sville, N. Y.
Secretary— -F : M. Patchen, New Y'ork, N. Y'.

833 Tabor and Northern Ry.

President— William M. Brooks. Tabor, la.

Vice- President— J. E. Todd, Tabor. la.

Sec., G. M. d- Purch. Ar/t.—A. T. West. Tabor, la.

Auditor— J. C. Tipple, tabor, la.

Treasurer— J . M. Barbour. Tabor. la.

Gen. Sttpt.—k. S. Prouty. Tabor. la.

Gen. Tkt. Agt.—P. B. Clark, Tabor, la.

834 Talbotton RR.

President— T. N. Gibson. Talbotton, Ga.
W' Thoraton'

. Ga.

Attorney— C. J. Thornton, Columbus, Ga.
Chffi tE\i''f !• T- R- Rersons, Talbotton, Ga.

' Talbotton, Ga.

835 Tavares and Gulf RR.

President— Henry H. Jackson, New York. N. Y.
Vice- President — Chas. Tremaine, Oswego, N. Y.
Sec. & Treas.— D. G. Ambler. Jacksonville. Fla.
Asst. Treas. &Aud. — Augustus Tremain. Orlando, Fla.
Gen. Manager— W. B. Tucker, Orlando. Fla.
Gen. Fqt. & Pass. A.— A. Koehne. Orlando. Fla.
Mast. Mech.—S. A. SKeppard. Clennont, Fla.
Road Master— J. J. Holland, Wildwood, Fla.

836 Temiscouata Ry.

PrSir& Man' \ John J- McDonald> Riv- du LouP: Que-

Vice-President— Hector Cameron, Toronto. Out.

Gen. Supt. &P>tr. Agt.—T:. Crockett. Riv. du Loup, Que.

Sec..& Treas.— E. D. Boswell, Riv. du Loup, Que.

' Lindsav' Riv- du
Chief Engineer — R. Adams Davy, Riv. du Loup, Que.

O&jjfa & I- W. J. Walsh, Riv. du Loup, Que.
Road JfOffor-Wm. McEwan. Riv. du Loup, Que.
Storekeeper — R. G. Seaton, Riv. du Loup, Que.

837 Tennessee Central RR.

Pres. & Gen. Man— Chas. Clinton, Spring City, Tenn.
^Agt \ R V' Mooney> Spring City, Tenn.

C- E' SamFson' 8P*>8 City, Tenn

Industrial Securities are now attracting widespread attention throughout this
country. Full information in reference to all the leading industrial corporations whose
securities are of public interest will be found in Poor's Hand-Book of Investment
Securities; price, $4 per copy. Special investigations and reports made by Poor's
Bureau of Information and Investigation, 70 Wall St., New York.

135

TEN-TEX.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

838-848

838 Tennessee Midland Ry.

President— 3 no. Overton, Jr., Memphis. Tenn.
Vice-Pres. & Sec.—R. L. Traylor, Richmond, Va.
Treas. & Asst. Sec.— P. L. Jones, Memphis, Tenn.
Chief Engineer— R. JL. Temple, Richmond, Va.

GfgL&Pat fgt'. \ Ben Wilson> Memphis, Tenn.
Superintendent— 3 . P. Meredith, Memphis, Tenn.
Auditor— R. Q. Browning, Memphis. Tenn.
Attorney— 3. H. Watson. Memphis, Tenn.

Ma&eCa°rRepCh' \ Samuel Steinberger, Memphis, Tenn.
Road Master— R. H. Pentecost, Lexington, Tenn.

839 Tennessee River, Asheville and Coosa

Valley RR.

President— Andrew Johnson, Chattanooga, Tenn.

Sec. & Treas.— Robt. H. Williams, Chattanooga, Tenn.

Chief Eng.— T. M. T. McKennan, Asheville, N. C.

840 Terminal RR. Association of St. L,ouis.

Pres. & Gen. Manager — Wm. Taussig, St. Louis, Mo.
Vice-President— J. F. Barnard, Cincinnati, O.
Gen. Supt.—J. Q,. Van Winkle, St. Louis, Mo.
Asst. Superintendent— Frank Stilwell, St. Louis, Mo.
Sec.,Aud.& Asst. Treas.— James Hanna, St. Louis, Mo.

Ch&EtoP%s. * [H. P. Taussig, St. Louis, Mo.
Gen. Pass. Agt.—V. W. Fisher, St. Louis, Mo.
Purch. Agt.—J. E. Williams, Jr., St. Louis, Mo.
Supt. of Structure — Morris Wuerpel, St. Louis, Mo.
Supt. Telegraph— E. A. Chenery, St. Louts, Mo.
Master Mechanic— ~R. M. Smith, St. Louis, Mo.
Road Master — John Wynn, St. Louis, Mo.

841 Terre Haute and Indianapolis and
Terre Haiite and L*ogansport RRs.

(See Vandalia Line.)

842 Terre Haute and Peoria Ry.

President— C. W. Fairbanks, Indianapolis, Ind.
Ge&Pu%ti. Aft'. TreaS'\l. H. Burgoon, Decatur, 111.
Treasurer— Wilberforce Sully, New York, N. Y.
Secretary— Frank J. Richmann, Indianapolis. Ind.
Gen. Tkt. & fgt. Agt.—J. H. Sessions, Decatur, 111.
Auditor— Walter M.' Strange, Decatur, 111.
Cashier— T. M. Hobart, Decatur, 111.
Mast. Mach. & Car Rep.— W. G. VanBnskirk, Paris, 111.
Master Transp.—S. H. Haas, Decatur, 111.
Road Master— Peter Ford, Decatur, 111.
Supt. Bridges— $. N. Markel, Decatur, 111.

843 Texarkana and Fort Smith Ry.

President— W. L. Whitaker, Texarkana, Tex.
Vice- President— J. H. Bemis, Jefferson, Tex.
Treasurer— C. F. Bemis, Texarkana, Tex. •
Secretary— T. H. Garrett, Texarkana. Tex.
Gen. Atty.-ll. M. Whitaker, Tyler, Tex.
Gen. Manager— W. A. Williams, Texarkana, Tex.
Gen. Fgt. Agt.— Horace Randal, Texarkana. Tex.
Gen. Auditor— W. N. Bemis, Texarkana, Tex.

845 Texas and Pacinc Ry.— Continued.

LEGAL DEL-AHTMENT.
Gen. Atty.for Texas— R. S. Lovett, Dallas, Tex.

Gen. Counsel— Jno. F. Dillon, New York, N. Y.
Gen. Attorney— W. S. Pierce, New York, N. Y.

OPERATING DEPARTMENT.

Resident Eng.—E. S. Wathen, Marshall, Tex.

Asst. Resident Eng.—J&s. H. Freeman, Marshall, Tex.

**£*• * !- A. S. Douglas, Marrtan.Te*.

844 Texarkana and Shreveport RR.

President— G. W. Fouke, Texarkana, Ark.
Vice-Pres. & Gen,. Man. — Ben Collins, Texarkana,
Treasurer— C. E. Haydon, Textirkana, Ark.
Master Mechanic— J. J. Walch, Texarkana, Ark.

845 Texas anil Pacinc Ry.

President— Jay Gould, New York, N. Y.

1st Vice- President— Geo. J. Gould, New York, N. Y

2d Vice- Preside nt—S. H. H. Clark, St. Louis, Mo.

Sec. & Treas.— C. E. Satterlee, New York, N. Y.

Gen. Supt. —L. S. Thome, Dallas. Tex.

Com. Agt. for La.—&. B. Wheelock,New Orleans,

Auditor— R. Fenby, Dallas, Tex.

Asst. Aud.—R. W. Tower. Dallas, Tex.

Asst. Sec. A, Treas.— L. S.' Smith, Dallas, Tex.

Ark.

La.

Supt. of Telegraph— C. W. Hammond, Marshall, Tex.
Asst. Supt. Telegraph— J. W. Stacey, Marshall, Tex.
Supt. Eastern i)iv.—Leroy Trice, Marshall, Tex.
Acting Supt. Rio Gr<ti,«'<

Division (Fort Worth >• J. B. Paul, Big Springs, Tex.

to El Paso) )

•^ J//tf. A . ( .' . lh /\ ( .!/ (ff xft <t_< I t -\r /~i T>^rt«r» -.11 "VTA-MnVinii rr1/^^
//• 7V7/JJ/T (I tfaf A I* ' A GarSall, j.\lHri?nuil, 1 GX.

Supt. Joint Track )

( Whitesboro to vW. S. Polhemus, Fort Worth, Tex.
Fort Worth) )

TRAFFIC DEPARTMENT.

Gen. Fgt. Agt.—E. H. Hinton, Dallas, Tex.
Asst. Gen. Fgt. Agt.— G. H. Turner, Dallas, Tex.
Gen. Pass, d- Tkt. A.— G. Meslier. Dallas, Tex.
Gen. Bag. Agt.—W. J. Taylor, Marshall. Tex.
Land & Tax Commr.—W. H. Abrams, Dallas, Tex.
Stock Claim Agent— Chas. E. Henry, Dallas, Tex.
Fuel & Material Acct.—^. T. Canfield, Dallas, Tex.
Gen. Live Stk. Agt— J. P. Moore, Fort Worth, Tex.

Gejr' fa± f°asi i-L. M. Fletcher, San Francisco, Cal.

So. Cal. Pat. Agt.— Frank Emmerson, Los Angeles, Cal.

Gen. E. Agt.—W. F. Kautz, New York, N. Y.

N. E. Agt.— Henry A. Rich. Boston. Mass.

Gen. European Agt.—S. Stamford Parry, Li verpool,Eng.

Gen. W. Agt.—J. H. Lawder, Denver, Col.

S. E. Fgt. 'Agt.—Wm. J. Walker, Atlanta, Ga.

(H. W. Cole, Los Angeles, Cal.
Trnr Wnt 4nt* j'1'- C. Frew, Cincinnati, O.
irav. fgt. Agts. < w F Braggins, Paris. Tex.

t Cooper Nott. Dallas, Tex.
f T. L. Zimmerman, New York, N. Y.
Contract. Fgt. ! Burton G. Saunders, New York, N. Y.
Agts. } Charles Parramore, Philadelphia, Pa.

t J. F. White. Denver, Col.
So. Pass. Agt.— A. A. Gallagher, Chattanooga, Tenn.

f C. P. Fegan. Dallas, Tex.
Trav. Pass, j L. E. Drake. Louisville, Ky.
Agts. } J. H. Word, Atlanta, Ga.

t H. D. Armstrong, Jackson, Mich.

846 Texas Central Ry.

Gen. Manager — Charles Hamilton, Waco, Tex.
Auditor & Cashier— Richard Oliver. Waco, Tex.
Gen. Fgt. & Pu*#. Agt.— Robert Bell, Waco, Tex.
I Asst. Supt. N. E. Div.—Jos. McWilliams, Terrell, Tex.
Mast. Mech.—'F. H. Dehn, Walnut Springs, Tex.
Train Mast.— P. M. Farrell, Waco, Tex.

84 7 Texas, Sal»ine Valley & Northwestern
Ry.

President— E. S. Larchar, New York, N. Y.
Vice-Pres. & Gen. Man., ( T> T ^vanR T ono-vipw TPX-
Matt. Tr. ,0 I>»r. Ant. t K> J" *^anb' Longview, lex.
Sec. & Treas.- -W. F. Herbert, Jr., New York,N. Y.
Auditor— H. E. Phillips, Longview. Tex.
Mast. Mech.—Geo. P. Spaulding, Longview, Tex.
Road Master— W. M. Holland, Longview, Tex.

848 Texas Transportation Ry.

President— A. C. Hutchinson, New Orleans, La.
Chairm. & 7i<v-Pr<-*i'lent—R. W. Cave, Houston, Tex.
Secretary & Treasurer— L. Megget. Houston, Tex.
Gen. Superintendent— Chas. Evershade, Houston, Tex.

136

TEX-TOL.

POOR'S DIEECTOEY OF RAILWAY OFFICIALS.

849-860

1819 Texas Trunk Kit.

• t /•- Charles Dillinirhani. Houston, Tex.
\«nt- S. II. Kneelaml. Nr\v York. X. Y.
7». a- \"n->- 1 '!••.-•.- Juii-s K. Schneider. Dallas, Tex.

\V . (.. Mnwrv. Xew York. X.Y.
//— P. A. Tucker, Dallas, Tex.
1 //,,*•.— Fit/hu<'h & Wozeacraft, Dallas. Tex.

t-

/'.- A. M. Hall. Houston. Tex.
>•</;/;•. ---Eugene Still. Dallas. Tex.

/• /,',//. ---Fred. ('onlell. Dallas, Tex.]
.1/tf.vM-— J. Putnam. Dallas. Tex.
Jiri'lytn—C. A. Matthews. Dallas. Tex.
•- r— Geo. T. Dashiell. Dallas. Tex.

J.o. (K-ood. New York. X. Y.
•T. D. Trammel. Dallas, Tex.

850 Texas Western Ky.

John H. Gray, Houston, Tex.

Allrf. ((- '/<•„. /fa*. Agt.— S. Packard, Houston, Tex.
Master Mechanic— itibn Fredericks. Houston. Tex.
Boadmaster—3. C. Wimberly. Houston. Tex.

851 Tionesta Valley RR.

President— Webb Horton. Middletown. X. Y.
Treasurer— Charles Steel, Sheffield. Pa.
Secretary- J.'H. Horton. Sheffield, Pa.
x ,,/>£. — Jerry Crary. Sheffield. Pa.
'/• ". Manager — Isaac Horton. Sheffield. Pa.
G. Pas.--. ((• F. --l.-Georere Horton. Sheffield, Pa.
Auditor— A.. H. Bailey, Sheffield, Pa.

852 Tioga RR.— See Xew York. Lake Erie and
Western RR.

853 Titusville, Cambridge & Lake Krie RR.

P/'-*ii1<-nt—A. H. Steele. 12 Broadway. New York. X. Y.
Vic* -Pre*.— Chas. Burton. Titusville. Pa.
7>tW?//'e7'— Alfred Kello2<r. Titusville. Pa.
Secretary— W. C. McKnteht. Xe\v York. X. Y.
Manager— F. P. Brown. Titusville, Pa.

854 Toledo and Ohio Central Ry.

President— $. Burke. Cleveland, O.
Vice-President— C. G. Hickox. Cleveland, O.
See. d- Treat:.— 3. F. Cline, Toledo. O.
Gen. Man.— 3. M. Ferris, Toledo. O.
Auditor — John Landtrraf. Jr.. Toledo. O.
Trai'. Auditor— 3. F7Xewcomer, Toledo. O.
Gen. Connxel—K. W. Scott, Toledo. O.

!>,l<7><nt—rT. M. Peelar. Toledo. O.
'•'/•eight .4 f/<:>< ("--Hudson Fitch. Toledo. O.
Gen. Ticket Agent— Monlton Houk. Toledo, O.
Car Aeootattant—Jl. C. Tront. Toledo. O.
Chief Engineer— C. Buxton. Toledo, O.
Bond Matter— A.. S. Bretherton. Bucyrus. O.
Purchasing Agent— II. A. Cooper, Toledo, O.
Master Car Paint.. )

Fare. Loco. Reps. VJ.B. Morgan. Bucvms, O.

& Master Mech. \

855 Toledo *fc Ohio Central Extension RR.

President— E. Summerfield. Chicago, 111.
Vice-Pres.— C. B. Lndwte. Xew York. X. Y.
Tread. <fe Gen. Man.— T.T>. Dale. Marietta, O.
Secretary— A. D. Follett. Marietta. O.
Gen.Coun*el—*C?e & Follett. Marietta, O.
Auditor—I?. L. Alexander. Marietta, O.

Chief Engineer— George H. Pierson. Marietta. O.

.i/"^.— Wm. M.^Morse. Marietta. O.
Soad Matter <£• ^(/p^. Bridr/e*—~L. Divine. Marietta, O.
Car Accountant— D. O. Flagg, Marietta, O.

856 Toledo aud South Haven RR.

/•/>./>.— R. B. DodMm. South Bend, Ind.
Vice- Preside nt—C. J. Monroe, South Bend. Ind.
Gen. V«>'. (t- .-1. Tt-tas.— John Ihlinjr, South Bend, Ind.
8ecr*tat >, W. Q. snow. South Bend. Ind. '
Chief Engineer— 3. S iror. Mich.

Foreman Locom. /»'./.-.- s. K. MIIIIL^-I. Taw Paw. Mich.

Ctor Ren.— Arthur Mentor. Paw Paw, Mich.
C'<wiV Agent— John F. Clark, Chicago, III.

857 Toledo, Ann Arbor & North Michigan

Ry.

President— 3. M. Ashley. Xew York. X. Y.

M. Ashley. Jr.. Xew York. X. Y".
»d VI- A. W. Wright, Alma, Mich.

Lewis. Toledo, O.
Gen. At/ornqt—-!?. W. Whitney. St. Louie, Mich.

Van. il. W. A.-hk-y. Toledo. O.
Sec.. P. a- fv.A.—F. S. Chandler, Toledo. O.
A'id'tfni—'F. Goj-sman, Toledo, O.
Trav. Avfl.—E. L. Derhomer, Toledo, O.

rer—G. B. Parke. Toledo, O.
Chf. Engineer— K. E. Rigg^, Toledo. O.
Gtn.Bag.,Fgt.APa •' . H. Bennett. Toledo, O.

$>rp(. of Trans.— J. B. Conners. Owosso. Mich.

\f. P. a- Cart- W. F. Bradley. Owosso, Mich.
Siipt.B'di'-u,/* <(• s//r/.«.— C. Stein. Cnvosso, Mich.
Car Acct.—J. B. Conners. Owosso, Mich.
Trav. Pa**. Ayt.—J. J. Kirhy, Toledo, O.

858 Toledo, Columbus «fc Cinciniiati Ry.

Pr-i *i'?, /^-Stevenson Burke. Cleveland. O.
Sec. it- r/vff-s. - John F. Cline, Toledo, O.
General Manager— J. M. Ferris. Toledo. O.
Superuittndtn't—li. C. Ferris. Toledo. O.
Gen. Counsel— John H. Doyle, Toledo. O.

. — . , . .

i. Fgt. Agt.— Hudson Fitch. Toledo. O.
i. Ticket Af/t.— Moulton Houk, Tole
G. Bnxtoii. Toledo. O.

Ge.fi. Ticket Af/t.— Moulton Houk, Toledo. O.
Chief Engineer— G. Bnxtoii. Toledo. O.
Auditor— John Landgraf. Jr.. Toledo, O.
Ti'Of. And.— J. F. Newcomer, Toledo, O.
Car Accountant—^. C. Tront, Toledo, O.
Purchasing Agent— R. A. Cooper, Toledo, O.

Boad Master— W. J. McClaren, Bowling Green, O.

859 Toledo, Peoria and Western Ry.

Chairman E;c. Coin. — Charles Moran, Xew York. X. Y
Pres., Trea$. & Jfgr.—E. F. Leonard. Peoria, 111.
Vice-Pres. Gen. S"j)t., <

<fc Gen. Bag. Agt. \
Sec. cfc Auditor— K. D. Usner. Peoria, 111.
Trav. Aud.—W. F. Vogel, Peoria, 111.
Gen. Counsel— W. S. Horton. Peoria, 111.
Gta. Fgt. Ar/f.—V. Mowat. Peoria, 111.

Supt. B. cfc ^.— J. H. Markley, Peoria, 111.
Pn,,7 \rr,^*.« » C. Eunis. Oilman, 111.
tfoarf Jfo«fer»-j John Em'mett) Laharpe. 111.

Tr. Agt.— Farmers1 Loan & Trust Co.. Xew York. X. Y.
Car Acct. — George Knoche, Peoria, 111.
Ma*t. Car Paint.'— J. P. Herndon, Peoria, 111.
Foi'e. Loco. Reprs.—3. H. Warren, Peoria, 111.

860 Toledo. Sagiiiaw and Muskegon Ry.

•>t — L. J. Seanreant, Montreal. Can.
Vice-Pres. t(- G. J/.— W. J. Spicer, Detroit, Mich.
See. <*• Treas.—3&*. H. Muir. Detroit. Mich.
Traffic Man.— John W. Loud. Detroit. Mich.

,tt:1,ilfr,t~\. B. Atwater. Detroit. Mich.
Soticifor—E. W. Meddaugh. Detroit. Mich.
Chief Eng.— Geo. Masson. Detroit, Mich.
Jfech. Supt.—H.. Roberts, Detroit, Mich.

Railroad Bonds are fully and minutely described in Poor's Manual of Railroads,
which is now in its 25th year. It is the standard authority. Send for circular. H. V.
& H. W. Poor, Publishers, 70 Wall St., New York.

137

TOL-UNI.

POOR S DIRECTORY OF RAILWAY OFFICIALS.

861—875

861 Toledo, St. Louis & Kansas City RR.

President— S. R. Callaway, Toledo, O.

Treasurer— W. Howard Gilder, New York, N. Y.

Sec. cfe Asst. Treas.—M.. L. Crowell, Toledo, O.

Auditor— D. D. Davis, Toledo, O.

Gen. Pass. Agt.—C. C. Jenkins, Toledo, O.

TW,,, P,™* A,,f^ S Fred. G. Boyd, Toledo, O.

Trav. Pass. Agts. -( j w Drew, Kansas City, Mo.

Gen. Fgt. Agt.—W. S. Weed, Toledo, O.

Asst. Gen. Ft. Agt.—D. F. Jennings, St. Louis, Mo.

Chief Engineer— A. L. Mills, Toledo, O.

Supt. Teleg.— Neil McKinnon, Toledo, O.

Supt. Mac/i . (fe Roll. Stck.— John Ortton, Delphos, O.

Supt. d& Pur. Agt.—C. N. Pratt, Frankfort, Ind.

Road Masters— P. A. Haun, Delphos, O.; T. J. Madi-
gan, Frankfort, Ind.; J. P. Smith, Charleston, 111.
E. Pass. Agt.—T. S. Timpson, Buffalo, N. Y.
S. W. Pass. Agt.— Rush H. Barnes, St. Louis, Mo.
N. E. F. Agt.—W. L. Bassett, Boston, Mass.
Pass. Agt.—J. W. Drew, Kansas City, Mo.
Gen. Aqt.—F. N. Dowler, New York, N. Y.

( A. A. Perry, Buffalo, N. Y.
r'm«v Ante \ A- W. Clubb, Detroit, Mich.
Com I Agts. j Q> T Bishopi Cieveiand, O.

| A. J. Davies, Kansas City, Mo.

862 Tower and Soudan RR. *

President — Joseph Soellood, Duluth, Minn.
Vice-President—G. J. Atkins, Duluth, Minn.
Secretary— Fred Barrett, Tower, Minn.
Treasurer — A. J. Marow, Duluth, Minn.
G.Man.,Ch.Eng.&M.M.—Ch&s. Treugove, Tower,Minn.

863 Trout Run RR.

President— Daniel Shepp, Tamaqua, Pa.

71 T<

Gen Man

C>

Titman' Cammal, LycomingCo., Pa.

' > Finney' Cammal, Lycoming Co., Pa.
Treasurer— 3. M. Titman, Cammal, Lycoming Co., Pa.

o.,Pa.

J'

/lraffMan \ °' A" Keim' Camma1'
Mas?Mect\j3iS- Morton' Cammal, Lycoming Co., Pa

864 Troy and Tlptonville RR.

President — John Echols, Louisville, Ky.
Secretary & C'/if. Eng.—A. T. Sabin, Louisville, Ky.
Gen. Supt.-W. B. Cutter, Memphis. Tenn.
Gen. Auditor— J. W. Baird, Louisville, Ky.
Road Master— P. H. McCormuck, Fulton, Ky.
Supt. Bridges— T. J. Blencoe, Fulton, Ky.

865 Troy Union RR. and Depot Co.

President— R. Walter Webb, New York, N. Y'.

Sec. & Treas.— Theodore Voorhees, New York, N. Y.

866 Tuckerton RR.

President— Samuel Ashnrst, Philadelphia, Pa,
Vice-Pres.— Rutherfurd Stuy vesant, New York, N. Y.
Treasurer— R. Ashurst, Philadelphia, Pa.
Secretary— -T. T. Price, Tuckerton, N. J.
Gen. Attorney — R. L. Ashmead, Philadelphia, Pa.
Gen. Superintendent— John C. Price, Tuckerton, N. J.
Auditor Pats. Beefs— W. W. Pharo, Philadelphia, Pa.
Chief Engineer— Edw. Samuel, Philadelphia, Pa.
Gen. Pass, cfe Ft. A.—G. M. Headley, Tuckerton, N. J.

867 Tucson, Globe and Northern RR.

President— W. H. Culver, Tucson, Ariz.

Vice- President— M. C. Davis, Tucson, Ariz.

Treasurer— Geo. Pusch, Tucson, Ariz.

Sec. & C. Eng.—Chas. E. Walker, Poncha Springs, Col.

Gen. Man.—W. W. Walker, Tucson, Ariz.

Asst.Sec.— W. J. Broadwell, New York, N. Y.

868 Tunnelton, Kingwood and Fairchance
RR.

President— C. M. Bishop, Kingwood, W. Va.

Vice- President— William G. Brown. Kingwood, W. Va.

Secretary— Wm. M. O. Dawson, Tnnnelton, W. Va.

Treasurer — A. J. Bonafield, Tunnelton, W. Va.

G. And., G. Supt., G. Traf.Man. I J. A. Martin,

& G. Tkt. &Fgt. ,f- Pur, Agt. \ Kingwood, W. Va.
Gen. Attorneys— Wotring & Elliott, Kingwood, W. Va.

869 Tuskegee RR.

General Manager— W. H. Wright, Tuskegee, Ala.

870 Ulster and Delaware RR.

President— Edwin Young, Albany, N. Y.

Vice- President- -R. C. Pruyn, Albany, N. Y.

Secretary— S. G. Dimmick, Rondout, N. Y.

Treasurer— T!'. C. Hoornbeck, Rondout, N. Y.

Trans. Agent— E. B. Healey, Kingston, N. Y.

Gen. Supt. cfe Purch. Agt. — J. H. Jones, Rondout, N. Y.

Gen. Pass. & F. A.-N. A. Sims, Rondout, N. Y.

R. Mas. tfe Supt. Bridges— J. H. Decker, Rondout, N. Y.

Auditor— E,. B. Jones, Rondout, N. Y.

Chief Engineer— E. B. Codwire, Kingston, N. Y.

871 Ultima Thule, Arlcadelphia and Missis-
sippi Ry.

President— W. Grayson, St. Louis, Mo.

Vice- President— ~L. Werner, St. Louis, Mo.

Treasurer — O. G. Schulenburg, St. Louis, Mo.

Sec., G. Man. & P.Agt.-R. W. Hine, Arkadelphia, Ark.

Gen.Fgt. &Pass. Agt.—F. R. Pierce, Arkadelphia, Ark.

Aud., Supt. & C. Eng.—Y. W. Swift, Arkadelphia, Ark.

872 Union Depot Co. of Kansas City.

President— Geo. H. Nettleton, Kansas City, Mo.
Treasurer— C. C. Ripley, Kansas City, Mo.
Secretary— W. J. Ferry, Kansas City, Mo.

873 Union Depot and RR. Co.

President— W. A. Denel, Denver, Col.
Vict-President—E. T. Jeffery, Denver, Col.
Sec. & Superintendent— Wm.. B. Trufant, Denver, Col.
Treasurer— Geo. E. Ross Lewin, Denver, Col.

874 Union Freight. Railroad.

President— Charles F. Choatc, Boston, Mass.
Gen. Manager— J. R, Kendrick, Boston, Mass.
Treas., Sec. & T. Agt.—J. M. Washbnrn, Boston, Mass.
Gen. Superintendent— A. H. Grovenor, Boston, Mass.
Gen. Fgt. Agt.—S. C. Putnam, Boston, Mass.
Purch. Agent— R. W. Hustedl, Boston, Mass.
Master Mech.—F. P. Busiel, Boston, Mass.
Road Master— S. H. Gormley, Boston, Mass.

875 Union Pacific Ry.

President— Sidney Dillon, New York, N. Y.
Vice-Pres. & Gen. Man.—S. H. H. Clark, Omaha, Neb.
%d Vice-President — Gardiner M. Lane, Boston, Mass.
M Vice- President— Thomas L. Kimball, Omaha, Neb.
Comptroller-Oliver W. Mink, Boston, Mass.
Treasurer —James G. Harris, Boston, Mass.
Local Treasurer— Frank D. Brown, Omaha, Neb.
Secretary — Alex. Millar, Boston, Mass.
Asst. Treas. A A sat. Sec.—L. S. Anderson, Boston, Mass.
Asst. General Manager— E. Dickenson, Omaha, Neb.

rr f A,, i0 J Frank D. Butrick, Boston, Mass.
Transfer Agents j Union Tmst Co ^ 'New Y()rk> N< Y

Registrars of J Amer. Loan A; Trust Co.. Boston. Ma—.
Transfers \ Mercantile Trust Co., New York, N. Y.

PETTIBONE, MULLIKEN & CO., Chicago, 111.

Track Drills, Rail Braces, Rail Benders.

138

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

875-879

875 Union Pacific tLy.— Contin""t.

OFFICERS ON THE LINE.

9vpt. Kan. !>><: ,!.(). i;riiikerhoff,Kan*n*C'y. Mo.
- ,/>/. .W. l>ir. W. H. Bancroft,Salt Lake City. ft.
•-•int. »f /'(f. /»'/•. — K. McNeiU, Portland, Ore.
Mm,. 8. ,»• •/. ,(• i_ F H Whitnev. Omaha. Neb.

tr. V. LttV,

Ot. I, "If I>i> :-• W. A. Denel, Denver, Col.
tt. \--f>. /Hi:— P. J. Nichols, Omaha, Neb.
-•<pt. Lines in Tex.— J. D. Moore, Ft. Worth, Tex.

Genera! Traffic Manager— C. S. Mellen. Omaha, Neb.
General Freight Ag>nt J. A. Monroe. Omaha, Neb.
fElmer H. Wood. Omaha. Neb.
A*xt*t<int General } F. Wild, Jr., Denver. CD].
Fr-ight Agent* } S. W. Eccles, Salt Lake City, Ut.
I J. G. Woodworth, Portland, Ore.
fG. W. Luce, San Francisco, Cal.
General Agents j S. M. Adsi*. St. Joseph. Mo.
Freight Dept. 1 H. G. Kaill, Kansas City, Mo.
[E. V. Maze. Butte, Mont.

ton. Pa*tf. <fe TXY. Agt.— E. L. Lomax, Omaha, Neb.
.It-/, tow. Pass. & Tkt. Agt.— 3. N. Brown, Omaha, Neb.

(-'"u- Ff n Pf'< '» *"'' '- D- B- Keeler, Ft. Worth. Tex.

II . tv D. L. Jfy.

Gen. Bag. Agt.— A.. Traynor, Council Bluffs, la.
Ge*. W.'Fgt'. Afft.—B. Campbell, Portland, Ore.
Fgt. Claim Afft.—W. H. Hancock, Omaha, Neb.

f D. W. Hitchcock, San Francisco, Cal.
j J. B. Frawley, Kansas City, Mo.
Gen. Agents ! Geo. Ady, Denver, Col.
Pass. Dent. 1 D. E. Burley, Salt Lake City, Utah.

E. V. Maze." Butte. Mont.
% IS. M. Adsit. St. Joseph. Mo.
Gen. Agt.Frt.&Pasx.Dep.—VM.CoU'm?, Sioux City, la.

4* Gen. Pass. Agts. -] ^.^Ibu^orS, Ore.

i- Mach POH' } J' H> McConne11' Omaha, Neb.
A^Mach ^Ot' P0li' !" F' Mertschainer, Cheyenne, Wy.
Mast. Mrc'h.—Z. T. Sprigg, Denver, Col.
S>'pt. of Car Sen-ice— E. Buckingham, Omaha. Neb.
Supt. of Telegraph— L. H. Korty, Omaha, Neb.

S"pt. Xeb. Dit:—3. A. Foley, Lincoln, Neb.
Supt. Wyoming Di>:—R. W*. Baxter, Cheyenne, Wy.
Supt. Idaho Dw.—W. L. Ryder. Pocatello, Idaho.
Supt. Colorado Dir.—H. J. Duncan, Denver. Col.
S_upt. Utah bi>:—¥. L. Corwin. Salt Lake City, Utah.
Supt. Pacific Dir.—Q. W. Johnson. Portland, Ore.
Supt. Dir.'— John McCormick, Trinidad, Col.

sf'lr. ^"G'L'IH'C ! Wm< Williams- st- Joseph, Mo.

Gen. Counsel— John F. Dillon. New York. N. Y.
General Solicitor — John M . Thurston, Omaha. Neb.
Axs-t. to Gen. So/.— W. J. Carroll. Omaha, Neb.
Gen. Atfy Kansas & Mo.— A. L. Williams, Topeka, Kan.
Axxf. Gen. Solicitor <t- Gen. At- \W. R. Kelly.
tori'K-yfor Xebraska d-lowa f Omaha. Neb.

873 Union Pacific Ry.— Continued.
La ml (•oinwixxioiier—B. A. McAllaster, Omaha, Neb.
'l'iu: I'nmm.—A. W. Scribner, Omaha, Neb.
Cfiii-f si/i-yini, - W. J. Galbraith, Omaha, Neb.
Gen. Purchasing Ag>-nt--.}. W. Griffith, Omaha, Neb.
Asst. Gen. Pur. Agent— F. G. Wheeler, Portland, Ore.
Gm^ral Storekeeper- J. H. Stafford. Omaha, Neb.
xfafiotier—A.. E. Hutchinson, Omaha, Neb.
snpt. Hof^/ Department.— P. Washburn, Omaha, Neb.
.Vw/>/. .>>7W>/- Department— S. F. Rhoads, Omaha, Neb.
7V. <!• 7V///V/- .J..^///-E. C. Connor, Omaha, Neb.
.v //;;/. Commi*xary 7>yy/.— W. C. Ilette, Portlandt Ore.
•S'//;>/. />>/// J/;/-v (i.e. Hewett. Rock Springs, Wy.
>'/y//. rw/ Dept.-G. W. Megeath, Omaha, Neb.

T- Black>

876 Union Point and White Plains RR.

President— John C. Hart. Union Point. Ga.
Vice- President— J. H. EJlpa trick, White Plains, Ga.
Secretary— R. Tappan, \Vhite Plains, Ga.
Treasurer— A. H. Smith, White Plains, Ga.
Gen. Man.— 3. W. Green. Augusta. Ga.
Auditor— Carleton Hilyer, Augusta, Ga.

877 Ursiiia and North Fork Ry.

President— J. M. Reid. Connellsville. Pa.
Treas. d~ Gen. Man.—E. H. Reid, Scottdale, Pa.
Secretary— Jos. Albree, Allegheny City, Pa.

878 Valley Railway (Ohio).

J J- K- Bole> Cleveland, O.

-, Henry M Keim cleve]and, O.
President— Thomas M. King, Baltimore. Md.
Vice -President— S. T. Everett, Cleveland, O.
Sec. & Treas.— Henry M. Keim. Cleveland, O.
Superintendent— J. T. Johnson, Cleveland. O.
G*n. Fgt. <{• Pass. Agt.—J. B. Caven, Cleveland, O.
Auditor— Jas. Bartol'. Cleveland, O.
Axxf. Tr?a*.— W. B. Porter, Cleveland, O.

A~&n°Ag?' &\ William Thornburgh, Cleveland, O.
Car Accountant— U. J. Hamm, Cleveland. O.
General Foreman— E,. Kennerdell. Cleveland, O.
Eoad Master— Thos. Delauey, Akron, O.

879 Vaudalia Line.

(Composed of the following roads : St. Louis, Van-
dal ia and Terre Haute : Terre Haute and Indianapolis,
and Terre Haute and Logansport and Indiana and Lake
Michigan RRs.)
CORPORATE OFFICERS OF THE TERRE HAUTE AND IN-

DIANAPOLIS RR. Co.
President— -W . R. McKeen, Terre Haute, Ind.

• J- G- wiiiiams- Terre Haute' Ind-

Gtn. Att'ijsfor Texas \ Stanley, Spoonts & Meek, Ft.

<(• Xf >i: Mexico f Worth, Tex.

Asst. Gen. Att'yfor Xtb.—~E. P. Smith, Omaha, Neb.

Afor Idaho * !" D' C> Lockwood^ Pocatello, Idaho.
G'-n.Att'ysfor Colorado— Teller & Orahood,Denver,Col.
%%%%£ f La<^' & Van Devanter, Cheyenne, Wy.

G. Aft i/. for Utah— P. L.Williams, Salt Lake City. Utah. Paymaster— V. C. Crawford. Terre Haute. Ind.

G. Att>/. for Montana—,! . S. Shropshire. Butte, Montana. Car Accountant — H. G. Sleight, Terre Haute, Ind.

Gen. Claim Agent— John R. Manchester, Omaha. Neb. Eng. T. H. <{• /. tt St. L.. \ A. J. Gibbons, Terre Haute,

Ind.

Trtu.xurer—3. W. Cruft. Terre Haute. Ind.

Sec. & Gen. Agt.—G. E. Farrington, Terre Haute, Ind.

OPERATING OFFICER?.

Asst. Gen. Man.— Joseph Hill, St. Louis. Mo.
.4^. Supt.—E. R. Darlow. St. Louis. Mo.
Gen. Fgt. Agent— H. W. Hibbard. St. Louis. Mo.
Gen. Pass. Agent— E. A. Ford, St. Louis. Mo.
A. G. Pas*. Agt.— J. M. Chesbrough. St. Louis. Mo.
/Jixfrict Pa xx. Agt.--W. F. Brunner, Indianapolis, Ind.
G. Bag. Agt.—R. R. Bentley, St. Louis. Mo.
Diet. Bag. Agt. — I. S. Boyer, Indianapolis. Ind.
Purch. Agent— C. R. Peddle, Terre Haute. Ind.
Auditor— Vf. S. Roney. Terre Haute. Ind.
Su. Mo. P. d- M.— G. H. Prescott. Terre Haute, Ind.
Supt. of B. & B.—C. E. Fuller, Terre Haute. Ind.
>.— N. K. Elliott. Terre Haute, Ind.

-Awtfitor—Eraetus Young, Omaha, Neb.

Assistant Avflitor—¥. W. Hills. Omaha, Neb.

A ud.of Disbiirxf m's — Richmond Anderson. Omaha. Neb.

Freight Auditor— A. S. Van Kuran, Omaha. Neb.

Auditor Passenger Accounts— W. S. Wing. Omaha. Neb.

Gen. Trai: Au(l.—~B. H. Calef, Omaha, Neb.

Chief Engineer— E. C.Smeed, Omaha. Neb.
Assistant to Chief En g.— Lewis T. Wolle. Omaha, Neb.
Local Treasurer— F. D. Brown, Omaha, Neb.
Gen. Land Commr.— Albert Woodcock, Omaha, Neb.

V. & T. H.bir*. f
Eng. T. H.&L. Dir.-Benj. McKeen. Terre Haute, Ind.
Supt. Teleg.—R. B. Woolsey, Terre Haute, Ind.

7^>-. M. M.— F. C. Cleaver. Terre Haute. Ind.; C. But-
ler, Effingham, 111.: C. Idler. Indianapolis. Ind.

Bof.id Master*— John Schofield, Brazil. Ind.: M.
i Reedy.Effingham.Ill.: J.S. Brothers. Crawfordsville. Ind.

Fortmtn Locomotive R'lia.ir* — C. Idler, Indianapolis,
Ind.; J. A. McClelland. East St. Louis. 111.
Foreman Car Ptrs.—C. T. Forri stall, Terre Haute, Ind.

Superintendents Hr\'i'i^ <t- B>i'iJilir>gs—C. E. Fuller,
Terre Haute, Ind.; C. W. Finch Crawfordsville, Ind.

139

140

J, H. Sternbergh & Son, Reading, Pa.

(ESTABLISHED 1865) MANUFACTURERS OF

BOLTS, NUTS, WASHERS, RIVETS,

Including Machine Bolts, Carriage Bolts, Bridge Bolts and Car Bolts.

THE HARVEY PATENT GRIP THREAD TRACK BOLT,

U. S. Standard Thread Track Bolts, Bolt Ends, Turnbuckles, Sleeve-Nuts, Lag Screws, Set
Screws and Tap Bolts, and every variety of screwed work.

BOILER, BRIDGE AND SHIP RIVETS,

Square and Hexagon Nuts of all kinds and sizes, Plate Washers, Coiled Steel Spring
Washers, Rods and Irons for Bridges and Buildings, Merchant Bar Iron, etc., etc.

MANUFACTURED ALSO BY THE

KANSAS CITY BOLT AND NUT CO., - Kansas City, Mo.

NEW YORK FROG & SWITCH CO.,

Switch^ FrTgsT ( Madison, I 5th and . 6th Sts., HOBOKEN, N. J.

Crossings, Automatic
Switch-Stands, Slip
Switches,
Etc.

The lower cut shows Meeker's new Patent rolled-steel Switch-Lug. This Lug is
believed to be the simplest, most durable and cheapest Switch-Lug in use. It has given
entire satisfaction where used. We furnish, beside our regular standards, frogs and
switches to specification. Correspondence solicited.

J. LAWRENCE NEVIN, Pres't. A. A. FRANCK, Sec'y.

WALTER C. MEEKER, Treasurer and Gen'l Mangr.

WILLIAM P. HALL, Prest. W. S. GILMORE, Treas. S. MARSH YOUNG, Gen. Agent.

THE HALL SIGNAL COMPANY,

50 Broadway, New York. 340 The Rookery, Chicago.

THE HALL SYSTEM OF AUTOMATIC ELECTRIC SIGNALS.

Block Signals, Highway Grade Crossing Signals, Station Signals, Switch Signals,
Electric Interlocked Signals. •>

THE BEZER LOCK AND BLOCK SYSTEM.

THE BEZER AND BURLEY INTERLOCKING MACHINE.

Besides all the latest and best improvements in

MECHANICAL SIGNALING.

RAILWAY SAFETY APPLIANCES.

Leonard System Interlocking Block Signals.

INDIVIDUAL TELEGRAPH CALL
WITH AUTOMATIC ANSWER BACK.

SECRET TELEGRAPH SERVICE.
Electric Secret Service Company. 45 Broadway, New York.

VEL-WAL.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

880-8S9

880 Velasco Terminal Ry.

V.-Pre*. d- fen. Man.— W. M. D. Lee, Velasco, Tex.

G. W. Angle, Yelasco, Tex.
Traffic M«m.—yL. P. Monrtesey, Velasco, Tex.
Trd'i-. Ar/f.—O. W. Crawford. Velaaco, Tex.

881 Vermont Valley RR. of 1871.

P/'rxidr/if— A. 15. Harris. New York. X. Y.

-'//>/• ((• '•/,/•/;• J. H. Williams. Bellows Falls, Vt.
•>;»j»-ritit<nd,-nf-3. Mulligan. Springfield.
.l.vx/. »////.— J. E. Goodwin, Bellows Falls. Vt.
Auditor -W. II. Wilson. Sprin^'tieM. Mas<.

7,7. Jr//.— E. C. Watson. Springfield, Mass.

>'. .If//.— H. E. Howard. Springfield, Mass.
Road Master— W. E. Clark, Charlestown, N. H.
M<i*t<-r Mfi<t/ihitri/—\V.'R. Stearns, Springfield. Mass.
Gtn. Bar/. A(/t.—\V, E. Hill, Springfield, Mass.

SSM Victoria and Western RR.

President— M. D. Turney, Columbus, O.

V.-P.. 8*C. (I- '/>' -(is.— Lee Chamberlain, Columbus, O.

Auditor — J. S. Wheeler, Columbus, O.

Manager — J. G. Chamberlain, Columbus, O.

Solicitor— Jno. J. Lentz, Columbus, O.

883 Virginia and Truckee RR.

President-!). O. Mills, New York.N. Y.

V.-P. & G. Supf.—H. M. Yerington. Carson. Nev.

Treasurer — Agency Bank of Cat.. Virginia. Nev.

Srcrtfa.i*y—E. B. Yerington, Virglnia/Nev.

Gen. Fgt. d- Pass. Agt.—D. A. Bender, Carson. Nev.

Auf.fi for-— George T. Mills. Carson, Nev.

Parch. Agent — Hume Yerington. Carson, Nev.

Chief Eng. d Supt. Track—- W. H. Kirk, Carson. Nev.

Ma*t. of Much. — I. N. Fording. Carson. Nev.

Mast. Tramp.— X. M. Ardery, Carson. Nev.

Mast.. Car Builder— C. A. Brulein. Carson. Nev.

Master Car Paint.— Jos. Castle, Carson. Nev.

884 Visaliaaud Tulare RR.

Pre#iclent—Jeisper Barrel!, Visalia. Cal.
Vice-President— J. Goldman, Tulare. Cal.
Sec. d Gen. J/'///.— A. J. Han-ell. Visalia, Cal.
Treasurer— Harrell & Son. Visalia. Cal.
Gen. Pass. Agt.—T. H. Thompson, Tulare, Cal.

885 Visalia RR.

Pres. & Gen. Man.— R. E. Hyde, Visalia. Cal.
Vice-Prfs. d- Treat.— E. Jacob. Visalia, Cal.
Secretary— 3\\\\\i$ Levy, Visalia, Cal.

886 Wabasu RR.

President— O. D. Ashley. New York. N. Y.

Edgar t. Welles, New York, N. Y.
James F How St Louis< Mo

Secretary— J. C. Otteson, New York. N. Y.
Asst. Sec. d- G. Claim A.— H. A. Lloyd. St. Louis. Mo.
Treasurer— Y. L. O'Leary, St. Louis. Mo.
Gen. Manager— Chas. M. Hays. St. Louis, Mo.
Gen. Solicitor— W.H. Blodgett. St. Louis, Mo.
Attorney for Missouri— F. W. Lehmann St. Louis. Mo.
Attorney" for Illinois— Geo. B. Burnett, St. Louis. Mo.
Auditor— D. B. Howard, St. Louis, Mo.
A**t. Auditor— E. B. Pryor. St. Louis. Mo.
'Fgt. Traf. Man.— M. Knight, St. Louis. Mo.
Gen. Fgt. Agt.— S. B. Knight. St. Louis, Mo.

Asst r<an Wni Ants J Sumiier Hopkins. Chicago, 111.
4ttf. Gen. Fgt. Aqts. ^ D Lmul-FSt Loui, Mo

Gen. Pass. & Tkt. Ar/t.—F. Chandler. St. Louis, Mo.
Asst. Gen. Pass. & Tki.Agt.—C. S. Crane, St. Louis, Mo.
A**f. Gen. P'/x.v. Aft.— IF. A. Palmer, Chicago, 111.
Gen. Supt.—R. L. Magee. St. Louis. Mo.
Supt. Mot. Paw. AM.— 3. B.Barnes, Springfield, 111.
Supt. Car Deft. —It.. M. Martin, Decatur, 111.
Supt. of Teleg.—G. C. Kinsman, Decatur, 111.
Chief Engineer— W. S. Lincoln. St. Louis. Mo.

886 Waba*h RR. — Continued.

Awt. <rtn. Clnlm Ayt.—L. L. Austin. St. Louie. Mo.
J-'f/f. Ctu'un A'/t.—^i. L. Becker. St. Louis. Mo.
1'tiifnwnter— Geo. T. Hitchcock, St. Louis. Mo.
/''//•. -1. ,t- Gen. st,titk' r—ll. H. Wellman.St.Louis,Mo.

. Agt.— C. B. Adams, St. Louis. .Mo.
' ar Acct.— C. P. Che-mn,. St. Louis. Mo.
('hii-f *nr(/ro»-U. W. Morehouse. Danville, 111.
s<H>t. East. Diz.—E. A. Gould, Peru. Ind.
X'lpt. Mid. JJi>\—J. S. Goodrich, Chicago, 111.
Supt. West. Dh'.—F. H. McGuijran, Kansas City. Mo.
Gen. Road Matter W. D.—A. S. Haynes, Moberly. Mo.
G. Rd. M</*f. Mid. Div.—E. M. Meriwether, Decatur. 111.
Gen. J!<»id Matt. Kurt. Div.—A. B. Adams, Peru, Ind.
•->'"/>/./>'/• d- B. »F.Z>.—Ja-. Stannard. Moberly, Mo.
3'ipt. JJr. <f- m>lij». E. D.—H. Dunlap, Peru. Ind.
8. lir. «(• HMf,*.'.\r. D.— J. E. Wallace. Springfield. 111.
Gen. Bag. Agt.—S. H. Overboil, St. Louis. Mo.

rxoi, »*tt' M>-cf>n/'i<:x—\F. W. Morse, Fort
Wayne. Ind.: C. F. Lape, Springfield, 111.: T. E. But-
terly, Moberly, Mo.

Division M'txtrr fur Hni'drr*—Y. Howard, Toledo,
O.; JohnLange, Moberly, Mo.

Gen. En ft. Af/t.—H. B. McClellan. New York. N. Y.
X E. Fgt. Agt.—W. P. Sargent. Boston, Mass.
f J. M. Osborn, Toledo, Ohio.
nj,. v,t irt, R. G. Butler, Detroit. Mich.
Dii. Jffft. Apt*. 4 E E Flemingi Springfield, 111.
! W. B. Jennings. Moberly. Mo.
Gen. Ad. Agt.—'E. Durand. St. Louis. Mo.'

f W. D. Wood, St. Louis. Mo.
| R. H. Fowler, Louisville. Ky.
Trar. Pass. Agts. { James Garvey. Kansas City, Mo.
Jos. Teahon. Omaha. Neb.

t O. L. Allen. Denver. Col.
f.— E. T. Monett. New York, N. Y.

East. Pass. Agt.

S. E. Pass. Agt.— I., S. McClellan. New York, N. Y.

X. E. Pass. Agt.—J. D. McBeath, Boston. Mass.

Mick. Pass. Agt.— J. Halderman. Chicago, 111.

('iinfidn. Pass. Agt.— 3. A. Richardson. Toronto. Can.

So. Pass. Agt.—E. Swift. Cincinnati. O.

•S. W. Pass. Agt.—W. F. Conner, Dallas, Tex.

IT". Pass. Ar/t.—U. N. Garland. Kansas Ciry. Mo.

.V. TT". Pass'. Agt.—G. N. Clayton, Omaha, Neb.

ZHv. Pass. Agt.—R. G. Butler. Detroit. Mich.

f R. G. Thompson, Ft. Wavne. Ind.

: C. H. Swift. Springfield. 111.
Pass. & Tkt. Agt*. \ C. A. Pollock. Decatur. 111.

J. M. McConnell, Lafavette. Ind.

I P. E. Dombaugh. Toledo, O.
Gen. Agt.—J. F. McCarthy. San Francisco, Cal.
Trav. Agt.—E. H. Garland, Portland, Ore.

887 Wabasli, Chester and Western RR.

President— Nathan Cole, St. Louis. Mo.

ViC'--Prfs.. G.M. d: Treas.—C. B. Cole. Chester, 111.

Secretary— H. C. Cole, Chester. Ill

Supt. d- Parch. Afft.—i.JL Hawkins, Chester. Ill

And., G. F. ct P. A.—C. E. Kingsbury. Chester. 111.

888 Wadley aiid Mt. Vernon RR.

Pres. d- Purch. Agt. — T. J. James. Atlanta, Ga

Vice-Pi-es. & Supt.—J&mes O. Parker, Wadley, Ga.

Gen. Man.—F. M. Fremont, Atlanta. Ga.

Sec. d- Treas.—D. L. Cheatham. Atlanta. Ga.

Gen. Fgt. Agt.—G. D. Tysor, Wadley. Ga.

Supt.— Abel' James. Wadley. Ga.

Mast. Mech.—S. B. Perkins, Wadley. Ga.

889 Wallkill Valley RR.

President— Ashbel Green. Xew York, N. Y.
Sec. & Treas.—E. V. W. Rossiter. New York, N. Y.
Gen. Manager— J. D. Layng, New York. N. Y.
Gen. S"pt.—C. W. Bradley. Weehawken. N. J.
Superintendent— W. G. Wattson. Weehawken. N. J.

The Silver Question, up to the time of the resumption of specie payments, January
1, 1879, is ably treated by H. V. Poor in his work "Resumption and the Silver Ques-
tion;" price, $1, post fr>e. Order of your bookseller, or send direct to the publishers.
H. V. & H. W. Poor, 70 Wall St., New York.

141

142

HARTFORD, CONN.,

MANUFACTURERS OF

Machinists' Tools,, Pliers,

Hammers, Wrenches,

Ratchet Drills, Taps,

Eye Bolts, Carbon Tongs,

Gauges, Hand Vises.

QUALITY THE BEST.

MEnRPTMPQ niJ ATT TlTJQPRTTJTTflNQ
ruMMo Ur ALL JJlJQuWllUJJlo,

The John A. White Company,

DOVER, N. H.,

MANUFACTURERS OF

STANDARD

WOOD -WORKING

MACHINERY.

\VAL-\JES.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

889-982

889 Wallkill Valley RR.— <v,,,/;

Coin pt roller— John Carstensen, New York. N. Y.
Ami. ofm*b.—Y. C. Root. New York. X. Y.
A :til. of /Vvx. A,-ffs.—J. F. Fairlamb, New York. X. Y.
And. <>fF<it. -I'.'v W. 15. Pollock. New York. N. Y.

(fan. .1. W. tfasaon, XrwYork.X. Y.
..'. Ar/f.— Percy R. Todd, New York. X. Y.
AMt.&.Fgt. Agt - -Francis La Hau. Xi-w Y'ork, N. Y".
lv/. -C. E. Lambert, Xew York, N. Y.

• ;. W. Civilians. Weehawken, X. J.
17.— Walter Katte New York. X. Y.
8upt. Motiv* /%«>/•— W.M. Buchanan. Xew York, N.Y.
//*.-7>. of Hi-lilt/'* Tliomas Cahill. Kingston. N. Y.
Purcti. Agent— \\\&n Bowen, New York, X. Y.

890 Warren and Farnsworth RR.

President— M. Waters. Warren. Pa.
Vice-President— y[. B. Dunham. Warren, Pa.
Secretary— J. P. Jefferson. Warren. Pa.
Treas. d <;. .V.— A. D. Wood. Warren, Pa.
Auditor— £. P. Wilkins, Clarendon, Pa.

- •>?.— Wetmore. Xoyes & Hinckley. Warren, Pa.
Matter Mf/t.—\V. H. Holland, Clarendon, Pa.
Road Master— \\. H. Madigan, Clarendon, Pa.

S91 AVarreiiton RK.

-t— W. J. White, Warrenton, X. C.
Treas.— J. M. Gardner. Warrenton, X. C.
Gen. Manager— C. P. Shell, Warrenton, X. C.

892 Washington City and Poiut Lookout
RR.

President— Chn$. H. Green. Xew York. X. Y.
Vice-President— Wm.i. Best. Xew York, X. Y.
Secretary— W . P. Stevens. Xew York. X. Y.
Treasurer— H. Knubel, Xew York, X. Y.

893 Washington Southern Ry. (Wash.).

President— J '. R. McDonald, Seattle. Wash.
Vice-Pres. <£• G. If.— A. H. Anderson. Shelton. Wash.
Secretary tfc And.— O. C. Hanson, Shelton, Wash.
Treasurer— Geo. Lawler. Shrlton. Wash.
Gen. Fat. Agent— J. W. Jennings, Seattle. Wash.
Mast. Machy. tfc Car Reprs.— H. A. Todd. Shelton. W.
Mast. Trans.— Edward Chappell. Shelton. Wash.
Rd. Mast. d Supt. Brdrj*.— Robert Sheedy. Shelton. W.
Parch. A gt.— Albert Johnson, Shelton. Wash.

894 Waterloo and, Lake Kampeska RR.

Pres. d G. M.— Chas. Joscelyne, Watertown, So. Dak.
Secretary— R. B. Spicer, Watertown. So. Dak.

893 Waterloo and Magog Ry.

President— Ralph Merry, Magog. Que.
Secretary— A. H. Moore, Magog, Que.
Supt. d Pur. A.—J. B. Futvoye, St. John's, Que
Road Master— C. Courviile, S. Sttickley, Que.

896 Wayneslmrg and Washington RR.

President— George B. Roberts. Philadelphia. Pa
Vice-President— Thos. D. Messier. Pittsburgh, Pa.
Secretary— S. B. Liggett, Pittsburgh. Pa.
Treasurer- J. E. Davidson, Pttrgfnugh, Pa.

Superintendent— G. E. Bowen. Waynesburg, Pa.
Auditor— J. W. Renner. Pittsburgh, Pa
Mast. Mech.—A. M. Kline. Waynesburg. Pa.
Gen. Bag. Ayt.—J. D. McKahn, Waynesburg, Pa.

897 Weatherford, Mineral Wells and
Northwestern Ry.

President— T!. A. Stone, Weatherford, Tex.
Vice-President— ^\ . S. Stone, Weatherford, Tex.
Treas. &Aud.—E. R. Standish. Weatherford. Tex.

S6 ^i. ! A. F- ^K*y> Weatherford, Tex.

tl"

' Fouts- Weatherford, Tex.

898 Wellsville, Coudersport and Pine
Creek RR.

Pres. ((- John McEwen, Wellsville. X. Y".

'osident— E. J. Farnum. Wellsville. X. Y.

..'• H. X. Lewis. Wellsville, N.Y.
Secretary— II. K. Opp. Wt -llsville. X. Y.
Chief Engineer— George E. Pierce. Wellsville, X. Y".
Auditor— Charles E. Davis. WHlsville, N. Y.
Attorney— C. H. Farnum, Wellsville, X. Y.

899 We«tern Counties Ry.

President— Frank Killam. Yarmouth, N. S.
Vice- President— Hngh Cann, Yarmouth, N. S.
Sec. cf Treas.—J. W. Bingay, Yarmouth, N. S.

*"• * *

143

, Yarmouth. X

« ,.*. w . , Win' RfMer' Yarmouth, N. S.
Road Master— T). J. Murphy. Yarmouth. N. S.
Mast. Machy.— S. Woodburn, Yarmouth, X. S.

900 Western Maryland RR.

Pres.,G. M. & Chf. Eng.-Jotm M. Hood, Baltimore. Md
Sec. £ Treas.— Geo. H. Baer. Baltimore. Md.
Gen. Fgt. d Pa*s.Agt.—B. H. Griswold. Baltimore. M'i.
Gen. T. A. d Aud.—J. D. Whittington. Baltimore, Md.
Mast, of Mach.— David Holtz. Union Bridge, Md.
Eng. d Road Mti*t.—3. E. Mathews. Baltimore, Md.
Asst. Road Master— W. R. Straw, Union Bridge. Md.
Forem. Loco. Rep.—R. C. Xorman. Union Bridge, Md.
Mast. Car Bldr.-3. H. Xussear. Union Bridge, Md
Mast. Car Painter— E. W. Leeds. L'nion Bridge, Md.
Purch. A gent— Robert J. Adair. Baltimore. Ma
Train Matter— J. C. Hiltabidle, Baltimore. Md.

(a) Baltimore and Rarrisburg Ry.
Superintendent— H. D. Scott. Hanover. Pa.
Mast. Mech.—B.. S. Reiley, Hanover, Pa.

901 Western New York and Pennsylvania
RR.

CWm Ex. Com.— Xicholas Thonroy, Philadelphia, Pa.

President— Saml. G. DeCoursey. Xew Y'ork. X. Y'

Secretary— Jos. R. Trimble. Philadelphia, Pa.

Treasurer— Y. S. Buell, Buffalo. X. Y.

Gen. Supt.— Robert Bell. Buffalo. X. Y.

Gen. Solicitor— Frank Rumsey. Buffalo. X' Y"

Gen. Pa.^s. d Tkt. Agt.— J. A. Fellows. Buffalo. X Y"

Gen. Fgt. Agt.—E. T Johnson. Buffalo. X* Y'

Purch. Agent— J. H. Poole, Buffalo. X. Y.

Acting Auditor— John Y. Reynolds, Buffalo. X Y

Supt. Buff. Dir.— Chas. T. Dabney. Buffalo, X'. Y.

S'/i/t. Pittsburgh Dii-.—E. A. Fisher. Oil City, Pa

Supt. Roch. Z>ic.—J. W. Watson. Olean X Y

Chief Eng.— R. D. McCreary, Buffalo, N. Y

Mast. Car Reprs. & j 4 A~ ., „ ~ . „ „

0m. Mast. Mach. f A- ^ ai1' Bllffal°- N. Y.

Division Engineers— C. R. Neher, Rochester, N.Y.: G.
Houliston, Buffalo. N. Y'.; W. R. Stevenson, Oil City. Pa.

Dh'ision Master Mechanics — C. E. Turner Olean
N. Y. ; C. H. Newman. Oil City, Pa.

902 Western Railway of Alabama, and
Atlanta and West Point RR.

OFFICERS OF BOTH RAILROADS.
President- C. H. Phinizy. Augusta. Ga.
Gen. Manager— Edmund L. Tyler. Atlanta, Ga.
Sec. & Treas.— R. M. Abbett," Atlanta, Ga
Traffic Man.— R. E. Lutz. Montgomery, Ga.
Gen. Counsel— Geo. P. Harrison, Opelika, Ala.
Gen. Coun. A. i Calhoun. King & Spaulding. -Ulanta

<£• W. P. RR. \ Ga.

Master Mech.—S. E. Worswick. Montgomery, Ala.
Eng. of OOlUt.—'W. H. Harrison. Atlanta, Ga.
Road Master— G. W. Harrison. Montgomery \la
Car Accountant— J '. T. McDevitt, Montgomery, Ala
Master of Trains— L. B. McGuire, Montgomery Ala'
Auditor— T. J. Hunter. Atlanta, Ga.
Mast. Car Bldr.— A . Rowland, Montgomery Ala
Gen Ant* ' B- F- Wyly. Jr.. Atlanta. Ga.

y " "i W. J. Taylor. Montgomery, Ala
A. G. P. A.— John A. Gee, Atlanta, Ga. "
Pass. Agt.—R. H. Hudson. Montgomerv. Ala.
Trar. Fgt. d P. Agf.—J. A. Jackson. Columbus Ga
Soliciting Agt.—Y. H. Lacy. New Orleans La
Contracting Agt.—E. B. Evans. Selina. Ala

WES-WHI.

POOR'S DIEECTOEY OF EAILWAY OFFICIALS.

90^3—910

903 Western Railway of Florida.

Receiver— Joseph H. Durkee, Green Cove Springs, Fla.
President— Dexter Hunter, Jacksonville, Fla.
Vice-Pres.—O. A. Budington, Green Cove Springs, Fla.
Secretary— D. N. Reynolds, Jacksonville, Fla.
Treasurer— J. S. Driggs, Jacksonville, Fla.

***$'. &*$' A G' [L- E- Barker> Green Cove Spgs., Fla.
Chief Eng.— Goold T. Butler, Green Cove Springs. Fla.
Auditor— W. S. Banks, Green Cove Springs, Fla.
Mast, of Mach.— 3. A. Osteen, Green Cove Springs, Fla.
Rd. M.& S. Br.—G. A. M. Rains, Green Cove Sp"s., Flu
Mast. Car Rep.—Y. B. Hurlbut, Green Cove Spgs., Fla.

904 West Jersey RR.

GENERAL OFFICERS.

President— Geo. B. Roberts, Philadelphia, Pa.
Vice-President— William J. Sewell. Camclen, N. J.
Secretary— J as. R. McClure, Philadelphia, Pa.

TREASURY DEPARTMENT.
Treas.— Robt. W. Smith, Philadelphia, Pa.

TRANSPORTATION DEPARTMENT.
Gen. Manager— Chas. E. Pugh, Philadelphia, Pa.
Chief Engineer— Wm. H. Brown, Philadelphia, Pa.
Asst. Chief Enq.— Jos. T. Richards, Philadelphia, Pa.
Asst. Eng. — J. H. Nichol, Camden, N. J.
Gen. Supt. Mot. Pow.— Theo. N. Ely, Altoona, Pa.
Gen. Supt. Trans.— S. M. Prevost, Philadelphia, Pa.
Supt. Mot. Pow.—H. S. Hayward, Jersey City, N. J.
Superintendent — A. O. Dayton, Camden. N. J.
Master Carp.—C. C. Williams, Camden, N. J.
Road For. Eng.—W. Rickard, Camden. X. J.
Gen. Exp. Ag't.—R. Stretch, Philadelphia, Pa.
Gen. Car Insp.—R. C. Hunt, Camden, N. J.
Train Mast.— J. J. Burleigh, Camden, N. J.
Asst. Train Mast. —G. N. Gregg, Camden, X. J.
Mast. Carp.—C. C. Williams, Camden, N. J.

J W. G. Conghlin, Woodbnry, N. J.

-j j B MnrpEy, Min vine, N. J.
Rd. Fore. Engs.—W. Rickard, Camden. N. J.
Gen. E%> Agi.—R,. Stretch, Philadelphia, Pa.

FREIGHT DEPARTMENT.

Gen. Fgt. Agt.—Wm. H. Joyce, Philadelphia, Pa.
Asst. Gen. Fgt. Agt.— Chas. A. Chipley, Philadel'a,
Claim Agent— F. D. Howell, Philadelphia, Pa.

Pa.

Div. Fgt. Agt.—JZ. W. Coffin, Camden, N J
Spec. Fgt. Agt.—W. C. Ward, Philadelphia, Pa.
Trav. Fgt. Agt.—F. A. Anten, Philadelphia. Pa.
<?«-/• *•/»/ Ani, (.Chas. D.Ganntt. Philadelphia, Pa.
Spec. Fgt. Agts. ( T Da]]ag wilking? Philadelphia, Pa.

PASSENGER DEPARTMENT. ^

Gen. Pass. Agt.— James R. Wood, Philadelphia, Pa.
Asst. G. P. Agt.— Geo. W. Boyd, Philadelphia, Pa.
Gen. Tkt. Agt.— J. S. Hackett, Philadelphia, Pa.
Gen. Bag. Agt.—F. J. McWade, Philadelphia, Pa.
Parch. Agt.— Enoch Lowis, Philadelphia, Pa.
Asst. Parch. Agt.—K. W. Sumner, Philadelphia. Pa.
Ad. Pass. Agt.—F. N. Barksdale, Philadelphia, Pa.

ACCOUNTING DEPARTMENT.

Comptroller— Robert W. Downing, Philadelphia, Pa.
Asst. Compt^ Aud. |M Riebenack, Phiiadeiphia, Pa.

And. Fgt'.Rec'.— Geo. M. Taylor, Philadelphia. Pa.
Aud. Coal Ft. Rec.— Jefferson Justice, Philadelphia, Pa.
Asst. Aud. Pas. R.—A. J. Gillingham, Philadelphia. Pa.
Aud. of Disbrs.— Joseph D. Greene, Philadelphia. Pa.
Asst. Aud. Dis.— Oscar A. Knipe, Philadelphia, Pa.
Gen. Solicitor— John Scott, Philadelphia, Pa.
Asst. Gen. Sol.— James A. Logan, Philadelphia, Pa.
Chief Conveyancer— Geo. W. I. Ball. Philadelphia, Pa.
Real Est. Agt.—3o\m C. Wilson, Philadelphia, Pa.
Insurance Agt. H. B. Ely, Philadelphia, Pa.

90S West Virginia and Pittsburgh RR. 3

President— 3. N. Camden, Parkersbnrir, W. Va.

Vice-Pres. ,(• Gen. Kan.— A.. II. Knnst, Weston. W. Va.

'/Vw/.s'.— M. W. Harrison, Weston, W. Va.

G. Ft. <£ Tk. A.— E. M. Vandervoort. Weston, W. Va

Auditor— H. W. Buckley, Weston. W. Va.

Aftst. 8vpt.—A. M. Lane, Weston, W. Va.

Counsel— Jno. Brannon, Weston, W. Va.

Foreman of Shops— S . A. Steele, Weston. W. Va.

Supervisor of Road— M. Cleary, Weston, W. Va.

906 West Virginia Central <fc Pittslmrgli
Ry.

—'B.. G. Davis. Piedmont, W. Va.
Vice- President -S. B. Elkins, Elkins. W. Va.
Asst. to President— C. M. HendU-y. Baltimore, Md.
Sec., Tr. cfe Pur. A. -E. W. S. Moore, Cumberland, Md.
Gen. Manager— G. L. Bretz, Cumberland, Md.
Aftsf. Gen. Man.—W. H. Bower, Cumberland, Md.
Gen. T. &Fgt.A.—G. W.Harrison, Piedmont, W. Va.
Chief Engineer— James Parson-, Davis, W. Va.
Auditor— J. G. Miller, Cumberland, Md.
Mauler Mech. -E. W. Lippincott. Piedmont. W. Va.
Eng. Main, of Way—,1. W. Galbreath. Cnmberl'd, Md.
Traii»n(ist(-r—V. P. Nanghton. Cumberland. Md.
Supt. of Construction— W. E. Porter, Elkins, W. Va.

90T Wheeling and Elm Grove RR.

President— J. D. Dubois, Wheeling, W. Va.

V.-Pres., Sec. <(• 7V-i7x.— John S. Hall, Wheeling, W. Va.

Gen. Man.—G. W. Gillelen,Wheeling, W. Va.

908 Wheeling and Lake Erie Ry.

President— Frank R. Lawrence. New York, N. Y.

Vice-Presii.lc.tit — John Greenough, New York, N. Y.

Sec., Treas. & Trans. A.—S. M. Ham, New York,N. Y.

Atst. Treas. & Paym.—K. H. Thorp, Toledo, O.

Gen. Supt. & Pur. Agt.—W. R. Woodford, Toledo. O.

J.&tf. Secretary <0 Auditor — Downer Adams, Toledo, O.

Gen. Pass. Agt.— J. M.Hall, Toledo, O.

Gen. Manager— A. G. Blair, Toledo, O.

General Freight Afffnt—H. J. Booth, Toledo, O.

Chief Engineer— C. A. Wilson, Toledo, O.

Master of Transp.—W. D. Sherwood, Norwalk, O.

Gen. Master Mech.—O. P. D unbar, Norv/alk, O.

Road Master— D. McEntafler. Norwalk, O.

Supt. of Bridges— Jas. Denmars, Norwalk, O.

r*n 4™nf* ) E- B- Coolidse, Detroit, Mich.

Gen. Agents } j E Terry> steubenville, O.

909 Wheeling Bridge and Terminal Ry.

President — W. B. Thomas, Boston, Mass.
Vice-President— J. Kennedy Tod. New York, N. Y.
General Manager—^. W. Eayrs, Wheeling, W. Va.
Fgt. & Purch. Ac/t.—J. E. Taussig, Wheeling, W. Va.
Secretary— R. B. 'Ferris, New York, N. "X .
Treasurer— J. L. Hall, New York, N. Y.

910 White and Black River Valley Ry.

President— R. W. Martin, Little Rock, Ark.
Gen. Man., Sec., J

Tr. & Pur. Agt. VW. J. Thompson, Little Rock, Ark.

& Aud. |

GeTkf.UAgt& Fgt' & f J' T" F1ynn' N^port, Ark.
Gen. Pas's. Agt.—TZ. G. Thompson, Little Rock, Ark.
General Bag. Agent— Qua, C. Martin, Brinkley, Ark.
Master Mach.— Thomas Eldridce, Brinkley. Ark.
Master Car Repairs— L. F. Hill, Brinkley, Ark.

R°SuptMaBrirdgts\ Thomas w- Miller' Riverside, Ark.
Supt. Aug. & So. En. JHv.—M. Gregory, Gregory. Ark.
Trav. Fgt. (& Pass. A.—J. T. Henderson, Auvergue,Ark.

If you want information about new or projected railroads, consult the General Index
and Table of Contents. Special information not contained in this book will be furnished
at a nominal charge by Poor's Information and Investigation Bureau, 70 Wall St., New
York.

144

Wic-Wis.

POOR'S DIRECTORY OF RAILWAY OFFICIALS.

911-924

911 Wichita and Western Ry.

Chairman— George C. MtiL'oun. New York. X. Y.

Presid, nt A. Manvel. Chicago. 111.

l.v/ }",<-.-!'. ,i- Gen. And. — F. W. Reinhart, Boston, Mass.

•2<i HV<-/'. <(• <•' ". .'A///. A. A. liobinson, Topeka, Kan.

3d Vice- President— 3. D. springer, Chicago, ill.

Sec. A- 7'mw.— E. Wilder. Topeka. Kan.

J.-W. '/><••/*•. — G. 1>. Goodwin. Boston. Mass.

.— J. P. Whitehead. Boston. M:t--.
J *.»'/. X<?<;. — L. C. Deming, Boston. .Ma--.
Asst. Gen. And.—Vf. K. Gillett. Topeka. Kan.
Gen. Conn. — J. J. McCook. Xew York. X. Y*.
/•— G. R. Peck, Topeka, Kan.

912 Wichita Valley Ry.

„ /—Morgan Jones. Ft. Worth, Tex.
}'•• e-Pres. tt Treat.— J£. W. Taylor. Ft. Worth, Tex.

4/ -G. P. Meade. Ft. Worth. Tex.
S>ipf. A Purefi. A'/f>nt—C. W. Moffatt. Seymour, Tex.
A>nnti.>r—\V.A. Ross, Fort Worth. Tex.

913 Wiggins Ferry Co.

President— John Scullin. St. Louis, Mo.
Vice-President— A. C. Church. St. Louis, Mo.
Tran*. Agt., Sec. A- Treas.—E.. L. Clark, St. Louis. Mo.
Ma». A i'nrch. Agt.—C. H. Sharman, St. Louis, Mo.
Gen. Agent— R. L. Bothnar. St. Louis. Mo.
Gen. Fgt. Agt.—W. S. Hodges, St. Louis, Mo.

914 Wilkesbarre and Western RR.

President— Joseph M. Gazzam. Philadelphia, Pa.
And., Sec. & Treas.—R. C. BelviUe, Philadelphia, Pa.

'"'' ' ' A'l'i>tdilPt''' } s- H- Hicks' Philadelphia, Pa.
Asst. Engineer— E.. E. Richter, Watsontown, Pa.

915 Williamsport and North Branch RR.

President— Hon. H. C. McCormick, Williamsport. Pa.
Vice-President— John Satterfield. Buffalo. X. Y".
Treasurer— 3. Henry Cochran, Williamsport. Pa.
Secretary— S. T. McCormick. Williamsport, Pa.
Gen. Man.. A Gen. 1

Pass. «fi Frt. Agt. VBenj. G. Welch, Hughesville, Pa.

cfe Pure!*. Agent. )
Auditor A Acct.—S. D. Townsend, Hughesville. Pa.

916 Williamsville. Greenville and North-
eastern RR.

y- Williamsville, Mo.
Treamrtr—A. B. Martindale. Williamsville. Mo.
Secretary & Awl.—C. W. White. Grandon. Mo.
Gen. S>ipt.—V>'. H. Catern. Williamsville, Mo
Chief Eng.— C. W. McCrea, Cape Girardeau. Mo.

917 Wilmington and Northern RR.

President— ft. A. Dupont, Wilmington, Del.

/— E. B. Shorter, Wilmington. Del.

t A. G. McCausland. Wilmington, Del.
Gen. Pa.*s. A- Fgt. Agt.—E. Briggs, Wilmington, Del
Gt-u. \Vr*te r/t Agt/tt—E. S. Rice, Chicago 111
Chief Engineer— Y. L. Hills. Wilmington, Del.
Asst. Engineer— G. W. Lufkin. Coatesville. Pa.
Mast. Mech.— George Rommel. Wilmington. Del.
Auditor— T. B. Townsend. Wilmington, Del.
Transfer -igenf^- E: B; Shurter, Wilmington, Del.

i ^ . K. Harris, Coatesviflle, Pa.
Boad Master— 3. Boyer, Birdsboro, Pa.
Master Bridge Builder— John Huston, Springfield, Pa.

918 Wilmington Sea Coast RR.

President— George R. French. Wilmington. X C
Vice-President— G. H. Smith, Wilmington X C
Sec.,Aud.,Pur. Agt., /

Gen. Traf. A Fgt. - J. R. Xolan. Wilmington. X C

Agt. A Gen. Alan. }

Treasurer— W. P. Toomer. Wilmington X C
Road Master— R. K. Register, Wilmington. N. C.

919 Wilmington, Chadbourn and Conway

Ry — See Atlantic Coast Line.

AVilmington, Onslow and East Caro-
lina RR

President— Thqs. A. Mdntyre. Xew York. X. Y'
\"><-' -/'•• i ll-nry L. Wanlw.-l]. Xcw York, X. Y.

Treasurer— \Vm. A. Nasli. Xcw York. N. Y.

Secretary— CbtM. M. Whitlock. Wilmington, N. C.

. 'M. «(• /'. . l .— H. A. WhitiiiL'. Wilmington, N. C.

Sni>t. Trans., Gi-,,. f

Frt. &Pa#s. Agt. 5-J. W. Martenis, Wilmington, N. C.
ct- And. }

Master Car liep.—C. E. Hall, Wilmington, N. C.

Road Master— W. B. Goodwyn, Wilmington, N. C.

921 Windsor and Annapolis Ry.

President— Y. Tothill. London, Eng.

Sec. cfe Gen. Man.— W.R. Campbell. Kentville, X. s.

Asgt.Maa.dk&en.J'pt.A.—Jcibn Carroll. Kentville N ^

li*«'nlfi,t MtiH. ,(• AV*v.-K. Sutlierland. Kentville, N. S.

Gen. P<i**. Aotnt- P. (iifkins. Kentville. N. S.

Mtttf. Mach.—W. Yould, Keniville. X. S.

Master Car Builder— W. Grierson, Kentville. X. B,

Rf.xi.il Master — John Pudsey, Kentville. X. s.

922 Winifrede RR.

President— Theodore Wright. Philadelphia Pa
Superintendent— R. B. Cassady. Winifnde.' W Ya.
Chief Engineer— M. W. Venabie. Winifrede W Ya
Sec. d Treat.— D. W. Chandler, Philadelphia. Pa.
Auditor — H. S. Sailor, Cincinnati, o.
Gen. Pass. Agt.— John A. Jarrett. 'Winifrede Jc., W Ya
Gen. Fgt. Agt.—E. A. Stewart, Cincinnati. O.
(.'in- Accouniant—B. P. Hostler. Cincinnati, O.
Master Mechanic — 1. 1. Layder, Winifrede, W. Ya.
Master Car Builder— W. H. Hannah. Winifrede. W. Ya
Dii-ixion S>./j)t.—B. W. Leitch. Winifrede W Ya
Road Matter— A. B. Huddleston. Winifrede. W. Ya.

933 Wiuona and Southwestern Ry.

President— H. W. Lambert on, Winona. Minn.
Vice-President — V. Simpson. Winona. Minn.
Secretary— Thoe. Simpson, Winona. Minn.
Treasurer— M. G. Xorton. Winona. Minn.
Superintendent— Jtibn J. Mahoney, Winona. 3Iinn.
GI.-H. Ff/t. tO Pa**. Arjt.—C.R. Capron. Winona. Minn.
Mast. Mach. «t Car Rep.— A. R. Qninby. Winona, Minn.
St/pt. Bridges— 1. E. Latschaw. Winona. Minn.
A ndilor— E. G. Hornebrooke, Winona, Minn.
Car Accountant — J. Murbach, Winona, Minn.
Road Mast.— John Boley, Winona. Minn.

924 Wisconsin Central Line.

GENERAL OFFICERS.

Chairman of Board— Henry Villard. X'ew Y'ork X Y
President—!?. F. Oakes, Xe'w Y'ork. X. Y.
Vice -President— Jas. B. Williams. Xew Y/ork. X. Y.
2cl Vice-President— C. H. Prescott. Tacoma. Wash
Axst. to PrMident—TS. C. Thrall. St. Paul. Minn.
Treasurer — George S. Baxter. Xew York. X. Y*.
Secretary— George H. Earl. Xew Y'ork. X. Y'.
Gen. Solicitor— David S. Wegg, Chicago 111
Asst. Treasurer— C. A. Clark, St. Paul, Minn.

OPERATING DEPARTMENT.

General Manage)-— S. R. Ainslie. Chicago, 111.
Gen. Superintendent— Gavin Campbell. Chicago 111
Cliiff Engineer— Frederick W. Fratt. Milwaukee. Wi*
8vpt. Motive Power— 3*g. McNanghton, Waukesha Wi<"
Master Car Bldr.—Wm. Cormack. Stevens Point \\'i<'
Supt.Diningd- Parlor Cars— T. C. Clifford. Chicago 111
*".B<?(/*.d-Bldgs.—JohnJ. Callaghan, Stevens Pt° VVi*'
Car Accountant— Edward A. Byrne, Chicago. Ill '
Gen. Pitrch. Agent— W. G. Pearce. Chicago 111
Supt. Telegraph— O. C. Greene, St. Paul, Minn.'

TRAFFIC DEPARTMENT.

10

Gen. Traffic Man.— 3. M. Hannaford, St. Paul Minn
Traffic Manager— H.. C. Barlow, Chicago, 111.
Gen. Fgt. Agt.— 3. B. Cavanaugh, Chicago 111
Asst. Gen. Fgt. Agt.— John C. Mackinnon, Chicago 111
Gen. Pass. A Tkt. Agt.-J. C. Pond, Chicago, 111 '
Spec. Agt.— 3. W. Murphy, Chicago, 111.

145

WlS-ABE.

POOR S DIRECTORY OF RAILWAY OFFICIALS.

924-934

924 Wisconsin Central

»— Continued,

ACCOUNTING DEPARTMENT.
Gen. Auditor— J. A. Barker, St. Paul, Minn.
Auditor— M. P. Martin, St. Paul, Minn.
Aud. Of Disbursements— A.. S. Morton, St. Paul, Minn.
And. of Traf. Rects.—E. H. C. Taylor. St. Paul, Minn.
Aud. of M. P. Accts.—G. C. Cummiskey, St. Paul, Min.

St0A^SantL°Cal \ Rich'd A- GranSe> Waukesha,Wis.
siorekpr.&LocalAcct.— Nicholas Aich. Stevens Pt .Wi.s.
Trav. A uditor— Edward A. Morley, Waukesha. Wis.
Trav. Auditor— John C. Lott, Stevens Point. Wis.
Gen. E. Agt.—G. R, Fitch. New York, N. Y.
E. Pass. Agt.—G. B. Kinnan, New York, JN. Y.
N. E. Fgt. Agt.— 3. L. Harris, Boston, Mass.
Freight Agt. — J. F. Sheehan, Philadelphia, Pa.
Trnn Fnt Ant* ( K J' Salter, Buffalo, N. Y.
Trav. Fgt. Agts. -( A H Caffee Cincinnati, Ohio.

N. W. Fgt. Agt.—G. T. Hney, Minneapolis, Minn.
Gen. Ag't.—O'. P. Gothlin, Cincinnati, Ohio.

f C. O. Gwakin. Boston, Mass.
r<«mj j^/o J J- S. McFarland. Pittsburgh, Pa.
Coml. AgtS.4 F N Focrarty, Chicago, 111.

[J. B. Wickery, St. Paul, Minn.
« . ,. \ , ( J. A. Merigold, Chicago, 111.
Contracting Agts. \ jo8. Sullivan, Milwaukee. Wis.

925 Wisconsin Midland RR.

Chairman Directors

Dana C. Lamb, Fond du Lac, Wis.

Secretary

Si^Mn. N' Boardman' Fond d» Lac' Wte«
Treasurer— G. A. Knapp, Fond du Lac, Wis.

926 Wood River Branch RR.

President — Amos G. Nichols. Hope Valley, R. I.
Treas., 8. & A.— George H. Olney, Hope Valley, R. I.
Gen.^Supt. & Parch. ! L M Barber5 Hope Val]eyi R L

Road Master— Henry A. Clarko, Hope Valley, R. I.
927 Woodstock RR.

President— F. N. Billings, Woodstock, Vt.

Vice- President — Jno. J. Dewey, Hartford, Vt.

Secretary— G. P. Marsh, Woodstock, Vt,

T7., G. Man. & G. Supt.—J. G. Porter, Woodstock, Vt.

Gen. Tkt. Agt.— Edward Clapp, Woodstock, Vt.

Auditors— Lewis Pratt, F. N. Billings, J. S. Monta-
gue. Woodstock, Vt.

928 Worcester and Shrewsbury RR.

Pres. cfe Treas. — H. H. Bigelow, Worcester, Mass.
8€C& PurchAgt. \ Irving K Bigelow, Worcester, Mass.
Gen. Tkt. .^.—Alfred H. Samson, Worcester, Mass.
C" A" Cleveland, Worcester, Mass.

Auditor— S. K. Hindley. Springfield, Mass.
Road Master— Maurice Hoar, Worcester, Mass.

929 Wrightsville and Tennille RR.

President— J. S. Wood, Tennille, Ga.
Sec. & Treqs.—W. C. Matthews. Tennille, Ga.
Aud. & Car Acct.—F. H. Roberson, Tennille, Ga
Superintendent— Geo. W. Perkins, Tennille, Ga.
Master Mechanic- -B. T. Cole, Tennille, Ga.

930 York Harbor and Beach RR.

President— Frank Jones, Boston, Mass.
Treasurer— Amos Blanchard, Boston, Mass.
Clerk— S. W. Junkins, York Corner, Me.
Superintendent— W. T. Perkins, Boston, Mass.
Chief Engineer— H. Bissell. Boston, Mass
Gen. Tkt. Agt.—D. J. Flanders, Boston, Mass.
Gen. Fgt. Agt.—W. F. Berry, Boston, Mass.
Auditor— Wm. J. Hobbs, Boston, Mass.

931 Youghiogheny RR.

President— Y. A. Dineee, Philadelphia, Pa
Vice-President— H. A. Stiles, Philadelphia, Pa
Sec. & Treas.— K. K. Gregory, Philadelphia, Pa.
Supt., Pur. Agt. &Eng.—John F. Wolf, Irwin's Pa
Asst. Supt. &Pur. A.— Albert Ford, Irwin's, Pa.
Chief Engineer— T. F. Wolf, Irwin's, Pa.
G. P. & F. Agt.— James Fleming, Irwin's, Pa.
Master Jfech.—Jno. Bricker. Irwin's, Pa.
R. M., Imp. & F.— B. Linden, Irwin's, Pa.

932 Zanesville and Ohio River Ry.

President— G. M. Wicker, Zanesville, O.

Ge&PurnAgT.'' Tre(iS' \ J- H°Pe Sutor> Zanesville, O.

Supt. & Car Acct.—G. F. Gardner, Zanesville, O.

Chief Engineer— H. B. Dick, Zanesville, O.

Gen. Fgt. & Pass. Ar/t.—C. C. HWrison, Zanesville, O.

Road Master— John Ward, Zanesville, O.

Transfer A gent— Mercantile Trust Co., New York, N. Y.

Auditor— ¥. E. Smith, Zanesville, O.

Master Machinery •— E. W. Jerome, Zanesville, O.

933 Zealand Valley RR.

President— J. J. Cilley, Zealand, N. H.

Gen. Manager— G. E. Henry, Zealand, N. H.

Gen. Tkt. Agent— S. H. Henry, Ze'aland, N. H.

Freight Agent- Wm. Bell, Zealand, N. H.

Secretary—^. P. Hunt, Littleton, N. H.

Chief Engineer— Ray T. Gile. Zealand, N. H

Master Car Repairs— J. S. McLaughlin, Zealand, N. H.

Road Master— U. Green, Zealand, N. H.

Master Machinery— Wm. McCosh, Zealand, N. H.

934 Aberdeen and West End RR.

President—A. F. Page. Aberdeen, N. C.

Sec. & Treas.— R. N. Page, Aberdeen, N. C.

Gen. Supt.— 3. R. Page, Aberdeen, N. C.

Gen. Fgt. & Tkt. Agt.— Henry A. Page, Aberdeen, N. C.

The record of a railroad as a " dividend-payer " is usually the best criterion of the
value of its securities. Consult Poor's Hand-Book of Investment Securities for such
information. Special reports furnished by Poor's Information and Investigation Bureau,
70 Wall St., New York.

146

147

C. H: BESLYi CO,CHICACnjlL,lUL±

CHARLES H.BESLT& Co, JO-l2N,CANALST.,CHiCAGo,lLL., U.S.A.

Cable Address, "A. 1 » & " A B C" codes
used. Frrrosteelf Xeic York.

A, T. SHOEMAKER,

Ratal Supplies i:,: Epml,

(NEW AND SECOND HAND.)

I46 BROADWAY,
NEW YORK.

LOCOMOTIVES AND
CARS OF ALL KINDS.

TEE AND STREET RAILS,

SPLICE BARS, TRACK BOLTS,

AND NUTS, R- R. SPIKES.

FROGS, CROSSINGS,
SWITCHES AND FIXTURES.

IRON AND STEEL AXLES,

CAR TRUCK CHANNELS,
WROUGHT-IRON TURNBUCKLES,
LINKS AND PINS.

BAR IRON AND STEEL,

SHEET IRON AND STEEL,

CORRUGATED IRON.

STEAM SHOVELS,

BALLAST UNLOADERS,

AND STEAM CRANES.

POOR & GREENOlfGH,

Bankers,

2O WALL STREET <cor. Nassau st.), NEW YORK.

INVESTMENTS IN RAILROAD BONDS A SPECIALTY.

Orders Executed on the New York and London Stock Exchanges,
CORRESPONDENCE INVITED.

148

PAUL S. REEVES,

TUBAL SMELTING WORKS,

OFFICE AND WORKS:

760 & 762 South Broad Street, Philadelphia, Pa.

MANUFACTURERS OP

BEARINGS

Lead-Lined and Phosphor Bronze Car Bearings

A SPECIALTY.

PHOSPHOR BRONZE INGOT,

BRASS INGOT, BABBITT METALS.

Castings in Brass and Phosphor Bronze from ^ to 20,000 IDS. Weight.

THE GARVIN MACHINE COMPANY,

Manufacturers and. Dealers.

TiTorls.

FOR

MACHINERY •«• MACHINE TOOLS,

Universal and Plain Milling- Machines, Drill Presses, Screw Machines, Hand and

Engine Lathes, Planers, Profilers, Chucking Machines,

Gear Cutters, Die and Cutter Grinders, Tapping Machines, Wire-Spring

Coilers, Milling Cutters, Etc.

CALL AND INSPECT OUR IMMENSE STOCK

AND WRITE US FOR

CATALOGUE AND LIST OF 400 MACHINES NOW READY
Laight & Canal Sts. I FOR IMMEDIATE DELIVERY. I NEW YORK.

2.— MASTER, MECHANICS.

SPECIAL LIST OF MASTER MECHANICS OF ALL RAILROADS GIVEX ix
LIST OF OFFICIALS, PRECEDING.

(Heads of Departments only given in this List ; for Assistant and Division Officers, see General

List of Officials.}

Abbeville and Waycross RR.,

Paul Hair. Mast. Mach.. Abbeville, Ga.
Addison and Pennsylvania RR.,

T. Langstine, Mast of Mach., Addison, N. Y.
Adirondack and St. Lawrence Ry.,

-las. Macbeth, Supt. Mot. Po'w., Herkimer, X. Y.
Adirondack Ry.,

Edward Leonard, Mast. Mech., Saratoga Sp'srs, X. Y.

R. C. Blackill, Supt. Mach., Albany, X. Y."
Alabama Midland Ry.,

T. M. McDonough, Mast. Mach.. Monteomerv, Ala.
Allegheny Valley RR.,

John C. Glass, Verona, Pa.
Annapolis and Baltimore Short Line RR.,

J. P. Seward, Annapolis. Md.
Annapolis, Washington and Baltimore RR.,

J. L. Beall, Annapolis. Md.
Arizona and Xew Mexico RR.,

A. Wallace. Clifton, Ariz.
Arkansas and Louisiana Ry.,

H. V. McKelvy, Little Rock, Ark.
Arkansas Midland RR.,

Richard AJlin, Helena. Ark.
Ashland Coal and Iron Ry.,

W. H. Apple, Ashland. Ky.
Atchison, Topeka and Santa Fe RR.,

John Player, Snpt. Mach., Topeka, Kan.
Atlanta and Florida RR.,

R. J. Sitton, Atlanta. Ga.
Atlantic and Danville RR.,

W. A. Brown. Mast. Mach., Portsmouth, Va.
Atlantic and North Carolina RR.,

Basil Manly, Mast, of Mach., Newbern. N. C.
Atlantic and Pacific RR.,

G. A. Hancock. M. M., Albuquerque, N. M.
Atlantic Coast Line.

John O'Brien (RR's north Weldon), Richmond. Va.

John Bissett (RR's south Weldon), Wilmington,

.N . C.
Augusta, Gibson and Sandersville RR.,

F. W. Reaney, Mast. Mach., Augusta, Ga.
Austin and Northwestern RR.,

A. L. Roosevelt. Austin, Tex.
Baltimore and Eastern Shore RR..

F. Strattner, For. Loco. Rep., Salisbury, Md.
Baltimore and Lehigh RR.,

D. L. Fusner, Baltimore, Md.
Baltimore and Ohio RR.,

G. B. Hazlehurst. G. S. Mot. Pow., Baltimore. Md.
A. J. Cromwell. Snpt. Mot. Pow. E. of Ohio River.

Baltimore, Md.

W. H. Harrison, Supt. Mot. Pow. W.of Ohio River,
Xewark, O.

S. B. Crawford, Baltimore, Md.

J. M. Marsteller, MartfaiBDnrg, W. Va.

J. E. Gleeson. Piedmont, W/Va.

John Adair, Graf ton. W. Va.

Alex. Laird, Wheeling. W. Va
Baltimore and Ohio RR. (Phila. Div.),

Thos. Trezise. Philadelphia. Pa
Baltimore and Ohio RR. (Pittsburgh Div.),

I. X. Kalbau<_rh. Qlenwood. Pa.
Baltimore and Ohio RR. (C. Div.)

Geo. R. Otf. Garret, Ind.
Baltimore and Ohio Southwestern RR.,

J. G. Neuffer, Chillicothe. O.
Baltimore and Potomac RR.,

R. E. Marshall. Supt. Mot. Pow., Philadelphia, Pa.

Bai

iiror and Piscataquis^RR.,
C. s. Xason. Bangor, Me.

Bangor and Portland RR..

S. Rasner, Bangor, Me.
Barclay RR..

Daniel McCarthy, Foot of Plane, Pa.
Barre RR..

F. W. Stanyon, Gen. Supt., Barre. Vt.
Bay of Quinte Ry. and Navigation Co.,

J. A. Davis. Mast. Mach., Deseronto. Ont.

Robt. McLeod, For. Loco. Rep., Deseronto, Ont.
Beech Creek RR.,

L. Ames. Jersey Shore. Pa.
Bellaire, Zanesville and Cincinnati Ry..

V. B. Stubbins, For. Loco. Rep., Zanesville, O.
Belt Rv. of Chicago.

P. H. Peck. Mast. Mach., Chicago, 111.
Bennington and Glastenbury RR..

C. C. Clapp. Mast, of Mach., Bennington. Vt.
Benninarton and Rutland Ry.,

Chas. J. McMaster. Mast, of Mach., Rutland. Vt.
Birmingham and Atlantic RR..

F. Xorthcutt. Talladeea, Ala.
Birmingham. Selma and Xew Orleans Ry..

J. D. Fitzgerald, Selma, Ala.
Birmingham, Sheffield and Tennessee River Ry.,

J. T. Edwards. Mast. Mech., Sheffield. Ala!

F. Hosller. Mast, of Mach., Sheffield. Ala.
Black Hills and Fort Pierre RR.,

John Spargo, Lead City, So. Dak.
Bloomsburg and Snllivan RR..

F. M. Leader, Gen. Man.. Bloomsburg, Pa.
Bodie and Benton Ry. and Commercial Co^.

E. H. Barton. Mast, of Mach.. Bodie. Cal.

E. L. Reese. Mast. Mech., Bodie, Cal.
Boston and Albany RR..

A. B. Underbill. Supt. M. P. & M., Sprinefield. Mass.
Boston and Maine RR..

Amos R. Barrett. Supt. M. P. & M.. Boston. Mass.
Boston, Revere Beach and Lynn RR.,
Boston. Winthrop and Shore RR.,

R. D. Sutherland. Boston, Mass.
Bradford. Bordell and Kinzua Ry.,

C. Greenough, Bradford. Pa.
Bridgton and Saco River RR..

M. M. Coswell, Bridgton, Me.
Brockville. Westport and Sault Ste. Marie Ry..

Hugh Wilkinson. Brockville. Ont.
Brooklyn and Brighton Beach RR.,

W.'Finlay. Brooklyn, X. Y.
Brooklyn Elevated RR*.,

O. Fairhurst. Mast, of Mach., Brooklyn. X. Y.
Brunswick and Western RR.,

D. B. Overton, Mast. Mach., Brunswick, Ga.
Buffalo, Rochester and Pittsburgh RR..

Alonzo Dolbeer, Supt. M. P. & M., Rochester. X. Y
Burlington and Missouri River RR. in Neb..

D. Hawksworth, Supt.Mot.Pow., Plattsmouth. Xeb.

E. S. Greusel, Plattsmouth, Neb.
J. C. Salsberv. Lincoln. Neb.

A. B. Pirie. Wymore, Neb.

R. B. Archibald. McCook. Neb.

J. P. Reardon. Alliance, Neb.
Burlington and Northwestern Ry.,
Burlington and Western RR.,

Adam Metz. Burlington, la.
Burlington, Cedar Rapids and Northern Ry.,

R. W. Bushnell, Cedar Rapids, la.

150

THE LONG 'ft ALLSTATTER CO.

HAMILTON, OHIO.

Manufacturers of

DEEP THROATED HEAVY DOUBLE
MACHINE.

COMBINED HORIZONTAL PUNCH
AND BENDING MACHINE.

SHALLOW THROATED HEAVY
SINGLE MACHINE.

BRIDGETON, N. J,, U, S, A,

MANUFACTURERS OF

ABOUT

SIZES AND KINDS

OF

FOOT AND POWER

PRESSES

AND ALL KINDS OF DIES

For Cutting, Punching, Shearing,

Embossing- and Drawing-, etc.

Also several Special Presses

RAILROAD WORK.

Please send for Illustrated Price List.

POOR'S DIRECTORY — MASTER MECHANICS.

151

Cadillac and Northeastern RR.,

E. White, F. Loco. Rep., Cadillac, Mich.
Calumet and Blue Island Ry.,

C. J. Clifford. Mast, of Mach., South Chiqago, 111.
Camden and Atlantic RII..

Tl.ro. N. Ely, G. S. M. P., Altoona, Pa.

II. s. Haywwrd, Supt. Mot. Pow., Jersey City.N. J.
Canada Atlantic Ry.,

M. Donaldson, Ottawa, Ont.
Canada Eastern Ky.,

A. Alcorn, Mast, of Mach., Gibson, N. B.
Canadian (Jovenimeiit Ky-..

H. A. Whitney, Mech. Supt., Moncton, N. B.

J. Unsworth, Mech. Supt., Charlottetown, P. E. I.
Canadian Pacific Ry.,

D. Preston, Mech. Supt., Montreal, Que.
Canadian Pacific Ry. (Western Div.),

W. Cross. Winnipeg, Man.
Canadian Pacific Ry. (Pacific Div.),

L. R. Johnson, Vancouver, B. C.
Canadian Pacific Ry. (Ont. and Que. Div.).

G. S. Mackinnon, Lines E. of Mont., Farnham,Que.

Geo. Preston, Lines W. of Montreal, Parkdale, Ont.
Canadian Pacific Ry. (Atlantic Div.),

H. A. Haggerty, Mecldam Jet., N. B.
Cape Fear and Cincinnati Ry.,

M. Henly, Baltimore. Md.
Cape Fear and Yadkin Valley Ry..

Isaac W. Clark, Mast, of' Mach., Fayetteville, X. C.
Caraquet Ry.,

John Rennie, Bathnrst. X. B.
Carillon and Grenville RR.,

John Halsey, Carillon, Que.
Carolina Central RR.,

James Ma<rlenn, Laurinburg, X. C.
Carson and Colorado KR.,

Chas. Qninn. Hawthorne, Xev.
Catskill Mountain RR.,

John L. Priscoll, Catskill. X. Y.
Central New England and Western RR.,

John Hawthorne, Hartford, Conn.
Central Ontario Ry.,

Danl. Duff, Mast. Mach., Trenton, Ont.
Central RR. and Banking Co. of Ga.,

F. H. McGee, Macon, Ga.

G. W. O'Brien, Augusta, Ga.
J. L. Whitsitt, Columbus, Ga.

W. O. Charlton, Chattanooga, Tenn.
Central RR. of Xew Jersey,

C. A. Thompson, Snpt. Mot. Pow., Jersey City, X.J.

W. L. Hoffecker, Elizabethport. N. J.

L. C. Brastow, Ashley, Pa.

Wm. Montgomery. Manchester, X. J.
Central Texas and Northwestern RR.,

C. H. Burns, Mast, of Mach., Houston, Tex.
Central Vermont RR.,

W. J. Robertson. Snpt. M. P. & M., St. Albans, Vt.
Charleston and Savannah Ry.,

G. M. D. Riley, Savannah, Ga.
Charleston, Sumter and Xorthern RR.,

E. M. Raynor, Sumter, S. C.
Chateaugay RR.,

J. M. Davies. Lyon Mountain, N. Y.
Chattanooga and Lookout Mountain Ry.,

O. Colegrove, Chattanooga, Tenn.
Chattanooga Southern Ry.,

A. T. Elisson. Chattanooga, Tenn.
Chesapeake and Ohio Ry..

W. Garstang, Supt. Mot. Pow., Richmond, Va.

T. S. Lloyd, Richmond, Va.

A. F. Stewart, Huntington, W. Va.

J. A. Quinn, Clifton Forge, Va.

W. T. Smith, Lexington, Ky.
Chicago and Alton RR.,

A. W. Quackenbush, Supt. Mach., Bloomington, 111.
Chicago and Alton RR. (K. C. and St. L. Div.),

J. H. Ruxton, Slater, Mo.
Chicago and Erie Ry.,

T. A. Lawes, Huntington, Ind.
Chicago and Eastern Illinois RR.. and
( hieago and Indiana Coal Ry.,

D. H. Murchey, Gen. For. Mech. Dept., Danville, 111.
Chicago and Grand Trunk Ry..

H. Roberts, Mech. Supt., Detroit, Mich.
Chicago and Kenosha Ry.,

O. J. Clifford, Mast of Mach., South Chicago, 111.
Chicago and Xorthern Pacific RR.,

J McXaughton. Supt. Mot. Pow., Waukesha, Wis.

Chicago and Northwestern Ry.,

Win. Smith. Supt. M. P. & M.. Chicago, 111.
Chicago and Ohio Kivrr RR.,

Win. A. Bell, Kansas, 111.
Chicago and Southeastern Ry. (111.),

C. J. Clifford. Mast, of Mach., South Chicago, 111.
Chicago and Western Indiana RR.,

Peter H. Peck, Chicago, 111.
Chicago and West Michigan Ry.,

W. I. Cooke, Muskegmi. Mich.
Chicago, Burlington and Kansas City RR.,

W. H. Hartleft. Keoknk. la.
Chicago. Burlington and Xorthern RR.,

W. N. Lewis, La Cross.-. Wis.
Chicago. Burlington and Quincy RR.,

Godfrev W. Rhodes. Supt. Mo. Power, Aurora. 111.

Joel West. M. M. Lines in la. & Mo., West Burling-
ton, la.

•*" R. D. Smith. M. M. Lines in Illinois, Chicago, 111.
Chicago, Fairchild and Eau Claire RR.,

Mflo Borkhart, Fairchild. WN.
Chicago, Milwaukee and St. Paul Ry..

J X Barr. Supt. Mot. Pow., Milwaukee, Wis.

E. Fairbairn, W. Milwaukee. Wis.
John Taylor, Minneapolis, Minn.
A. E. Manchester, Dubuqne, la.

Chicago, Rock Island and Pacific Ry.,

G. F. Wilson, Asst. Supt. Mot. Pow. & Equip.,

Chicago, III.
Chicago, St. Paul and Kansas City Ry..

W. T. Reed, Supt. Mot. Pow.. St. Paul, Minn.
Chicago. St. Paul. Minneapolis and Omaha Ry.,

J. J. Ellis. Act. Mast. Mech., St. Paul, Minn.
Choctaw Coal and Ry.,

Theo. Berghold, So. McAlester. I. T.
Cincinnati, Georgetown and Portsmouth RR.,

Benj. C. Vehrkamp, Cincinnati. O.
Cincinnati. Hamilton and Dayton RR..

Chas. H. Cory, Mast, of Mach., Cincinnati, O.
Cincinnati. Jackson and Mackinaw RR.,

A. H. Watts. Mast, of Mach., Marshall, Mich.
Cincinnati, Lebanon and Xorthern Ry..

F. E. Voight, Mast, of Mach., Cincinnati, O.
Cincinnati, Portsmouth and Virginia RR.,

C. F. Musselman. Mast, of Mach.. Portsmouth, O.
Cincinnati. Saginaw and Mackinaw RR..

H. Roberts. Mech. Snpt.. Detroit, Mich.
Cincinnati. Wabash and Michigan Ry.,

C. H. Doebler, Wabash. Ind.
Cleveland, Akron and Columbus RR..

John J. Henry, Columbus. O.
Cleveland. Canto'n and Southern RR.,

John Bean. Mast, of Mach., Canton. O.
Cleveland and Marietta RR.,

John Glaser, Cambridge. O.

Cleveland. Cincinnati. Chicago and St. Louis Ry., and
Dayton and Union RR..

E. P. Lord. Supt. Mot. Pow.. Cincinnati, O.
• E. E. Hudson. Div. M. M.. Cleveland, O.

J. S. Porter, Div. M. M., Sandusky, O.

O. H. Jackson, Div. M. M., Brightwood, Ind.

John McClurg, Div. M. M.. Urbana, 111.

F. M. Lawler. Div. M. M.. Mattoon, 111.
W. P. Orland, Div. M. M.. Mt. Carmel, 111.
C. H. Doebler, Div. M. M.. Wabash, Ind.

Cleveland. Lorain and Wheeling RR.,

C. H. Warburton. Mast, of Mchy., Lorain, O.
Colorado Midland Ry..

A. L. Humphrey. Colorado Springs, Col.
Columbia and Puget Sound RR.,

C. F. Robert, Seattle. Wash.
Columbus. Hocking Valley and Toledo Ry.,

S. S. Stiffey, Columbus. O.
Columbus. Shawnee and Hocking Valley RR.,

A. T. Ball, Columbus, O.
Columbus Southern RR.,

J. E. Clements, Columbus, Ga.
Colusa and Lake RR.,

E. N. Underwood. Mast, of Mach., Coiusa, Cal.
Concord and Montreal RR.,

J. T. Gordon, Supt. Mot. Pow., Concord. X. H.
i Connecticut River RR.,

W. II. Stearns. Springfield. Mass.
Cooperstown and Charlotte Valley RR..

Addison Gardner, Cooperstown, X. Y.
Cornwall RR.,

S. W. Huston. Lebanon, Pa.
Cornwall and Lebanon RR.,

A. J. Reed, Lebanon, Pa.

152

ACME MACHINERY CO., - CLEVELAND, OHIO.

MANUFACTURERS OF

ACME BOLT-CUTTERS,
NUT-TAPPERS,

BOLT-HEADERS, Etc.

Especially Designed for Railroad and Car Shops.

First Premium, Cincinnati Centennial.
Catalogue and Photographs on Application.

"Lightning" AND "Green

SCREW CUTTING MACHINERY, TOOLS, Etc,

WILEY & RUSSELL MFG. CO, «—*•-*"•

'II Send for New Catalogue.

POORS DIRECTORY— MASTER MECHANICS.

153

Crown Point Iron Company's RK.,

C. W. Sanders, Crown Point, X. Y.
Crystal Ry.,

Louis Phillipi, Crystal City. Mo.
Cumberland and Pennsylvania RR.,

Henrv T. Briick, Mast. Much., Mt. Savage, Md.
Cumberland Ry. and Coal Co.,

Qeo. Hall. Meeh. Supt., Spring Hill. N. S.
Danville and Western RK.,

W. II. Whitaker. Mast, of Mach., Danville, Va.
Dead wood Cen t ral R R . .

M. A. Ili.irgins. For. Loco Rep.. Deadwood, So. Dak.

Deadwood, So. Dak. Jain,- Stamelin. Mech. For., Chatham, Ont.

Delaware and Hudson Canal Co. (Northern RR. Dept.). Erie and Wyoming Valley RR7,

East Tennessee, Virginia and Georgia Ry.,

W. II. Thomas. Supt. Mot. Pow., Knoxville, Tenn.

J. B. Michael, Div. M. M.. Knoxville. Tenn.

C. L. Petrikin, Div. M. M.. Selma. Ala.

K. M. Roberts. Div. M. M.. Atlanta. Ga.

J. H. Huckal.-w, Div. M. M.. Memphis, Tenn.
Elgin, Joliet and Eastern RR.,

Thoe. Downing. Joliet. 111.
Elmira, Corlland and Northern RR.,

Geo. F. Richards. Cortlaud. N. Y.
Erie and Huron Ry..

R. C. Blackall, Supt. of Mach.. Albany, N. Y.
Delaware and Hudson Canal Co. iPa. Div."),

C. E. Rettew. Carbondale. Pa.

Pierce Butler. M. M. Grav. ltd.. Carbondale, Pa.

J. L. Cory. Div. M. M. Green Island. N. Y.

H. C. Smith. Div. M. M., Oueonta. N. Y.

F. Kegler. Div. M. M.. Salem. N. Y.
Delaware. Lackawanna and Western RR.,

David Brown. Mast. Mach., Scranton, Pa.
Delaware. Lackawanna and Western RR (Utica Div )

T. Thatcher. Utica. N. Y.

Delaware. Lackawanna and Western RR. (Morris and
Essex Div.).

W. H. Lewis. Kingsland. N. J.

Delaware, Lackawanna and Western RR. (Oswego and
Syracuse, and Syracuse. Binghamton and New
York Divs.).

Lewis Kisfler, Syracuse. N. Y.
Delaware, Lackawanna and Western RR. (Buffalo Div.).

F. B. Griffith. Buffalo, N. Y.
Delaware River RR..

John Gilbert. Mast, of Mach.. Penn? Grove, Pa.
Delaware, Susquehanna and Schuylkill RR

Danl. Coxe. Supt. Mot. Pow.. Drifton. Pa
Denver and Rio Grande RR.,

Q. Lamplugh, M. M., 1st Dist., 1st Div., Burnham.

Colo.
John Kelker. M. M. 2d & 3d Dist., 1st Div., Pueblo,

Colo.
A. W. Jones. M. M. 3d & 3d Divs.. Salida, Colo.

G. H. Shine, M. M. 4th Div.. Alamosa. Colo
Alex. Struthers. M. M. 4th Div., Grand June., Colo

Des Moines and Kansas City RR..

H. Berger, Osceola, la. "
Des Moines, Northern and Western Rv

S. J. Pratt. Mast, Mach.. Des Moines, la.
Detroit. Bay City and Alpena RR..

H. T. Thomas, Tawas City. Mich.
Detroit. Grand Haven and Milwaukee Ry

H. Roberts, Mech. Supt.. Detroit. Mich
Detroit, Lansing and Northern RR.,

W. S. Morris. Supt. Mot. Pow. and Mach , Grand
Rapids. Mich.

Geo. A. O'Keefe. Ionia. Mich.
Diamond Valley RR..

J. B. Wells, Mast. Mach.. Harrisbunr. Pa.
Dodse City. Monteznma and Trinidad R"v .

E. P. Sheerer. Des Moines, la.
Duluth and Iron Range RR..

D. E. Barton. Dunmore, Pa.
Eureka and Palisade RR..

E. W. Harris. Palisade. Nev.
Eureka Sprin-rs Ry..

J. B. Obenshnin, Eureka Springs, Ark.
Evansville and Terre Haute RR.,

John Torrance. Evansville. Ind.
Fall Brook Coal Co.'s Rys..

Win. A. Foster. Mast, of Mach., Corning. N. Y.
Farmville and Powhatan RR..

R. F. Kredell, Mast. Mach.. Chester, Va.
Ferro Monte RR.,

Geo. W. Bonnell. Mine Hill. N. J.
Fiudlay, Fort Wayne and Western RR

J. C. Homer, Mast. Mach.. Findlay, O.
Fitchburg RR..

O. Stewart. Supt. M. P. & M.. Boston. Mas-.
Flint and Pere Marquette RR..

Thos. J. Hatswell, Saeinaw. Mich,
i Florida Central and Peninsula RR.,

E. Burton. Fenmndina. Fla.
Florida Southern Ry..

Wm. Rutherford, Palatka. Fla.
Fonda, Johnstown and Gloversville RR.,

G. V. Putnam. Gloversville. N. Y.
Fort Worth and Denver City Ry..

E. W. Hayes, Mast, of Mach., Fort Worth, Tex
Fort Worth and Rio Grande RR.,

C. H. Burk. Mast, of Mach., Fort Worth Tex
Franklin and Mesrantic RR.,

W. S. Heath. Mast, of Mach.. Salem. Me.
Fremont, Elkhorn and Missouri Vallev RR

S. A. Teal. Omaha. Neb.
Fulton County N. G. RR..

A. C Atherton. Supt. M. P. & M., Lewistown, 111.
Gadsden and Attalla Union RR.,

J. L. Curry, Gadsden. Ala.
George's Creek and Cumberland RR..

Thos. McCann. Mast, of Mach.. Cumberland Md
Georgia RR..

J. S. Cook, Augusta. Ga.
Georgia. Carolina and Northern RR.,

B. R. Harding. Raleigh. N C
Georgia Midland and Gulf RR..

J. D. McPhail. Columbus Ga
Georgia Southern and Florida RR.,

Geo. D. Harris, Macon. Ga.
Gettysburg and Harrisbnrg RR.,

John Christman, Pine Grove Furnace, Pa.

Durham and Northern Ry..

B. R. Harding. Raleigh. N. C.
East and West of Alabama

B F. Lowther, Mast, of Mchy., Cedartown, Ga.
East Broad Top RR.,

A. W. Greenwood, Rockhill Furnace Pa
^Eastern Kentucky RR..

A. W. Crawford. Grayson. Ky.
Eastern Ry. of Minnesota.

E. M. Andrews, West Superior, Wis
East Florida and Atlantic RR .

W. P. Watson, Orlando. Fla,
East Line and Red River RR..

Jas. Long, Greenville, Tex.
East Louisiana RR..

J. J. Stroble. Florenville. La.
±.ast St. Louis and Carondelet Ry.

>-er and Cape Girardeau RR.,

J. W. Lewis. Murphysboro. 111.
Grand Tower and Carbondale RR..

John W. Lewis, Murphysboro,'llk.
Grand Trunk Ry..

Herbert Wallis. Mech. Supt., Montreal. One
Grand Trunk Ry. (Chicago and Grand Trunk Rv }

H. Roberts. Mech. Supt.. Detroit. Mich
Grand Trunk Ry. (Det , G'd Haven and Mil Ry )

H. Roberts, Mech. Supt.. Detroit. Mich
Great Eastern Ry..

J. F. Armstrong. Montreal, Que.
Great Falls and Canada Ry.,

T. McNabb. Lethbridge. Alberta.
Great Northern Ry.,

J. O. Pattee, St. Paul. Minn.
Great Northern Ry. Line (East. Ry. of Minn )

W. H. Whyte. West Superior.' Wis.

-East Tennessee and Western North Carolina RR.,
M. \\ . Lindamood, Johnson City. Tenn.

Mont.

Frank Bruce. Div. M. M.. Barnesville. Minn
J. R. Van Cleve, Div. M. M., Great Falls, Mont,

154

RICHARD DUDGEON,

24 & 26 Columbia Street, New York,
MAKER AND PATENTEE OF THE

Improved Hydraulic Jacks.

Punches, Roller Tube

Expanders, and

Direct Acting Steam

Hammers.

Jacks for Pressing on

Crank-Pins or Car

Wheels.

ELEVATING HYDRAULIC CRANK PIN AND SMALL WHEEL PRESS,

Communications by letter will receive prompt attention.

POOR'S DIRECTORY — MASTER MECHANICS.

155

Great Salt Lake and Hot Springs Ry.,

D. Burnfield, Suit Luke City, Utah.
Green Bay. Winona and St. Paul RR.,

A. Penwick, Green Bay. Wis.
Gulf, Colorado and Santa Ke Ry..

Joseph Billinghani. Qftlveston, Tex.
Hancock and Calumet RR.,

John Shield-. Hancock. Mich.
Hannibal and St. Joseph RR.,

N. J. Paradise. M. M. E'n. Div.,Hannihal, Mo.

F. A. Chase, M. M. \V'n. Div., St. Joseph, Mo.
Harriman Coal and Iron RK..

•Geo. H. Durhie, Mast. Mach., Harriman, Tenn.
Hecla and Torch Lake RR.,

Hillary Messimer, Supt. Mot. Pow., Calumet, Mich.
Herkiiner, Newport and Poland Ry.,

Jas. T. Chambers. Herkimer, N. Y.
Hoosac Tunnel and Wilmington RR.,

A. Kingsh-y. For. Loco. Rep., Readsboro, Vt.
Hot Springs RK.,

J. A. Hanglin, Malvern, Ark.
Housatonic RR.,

H. Ryder, Supt. Mot. Pow., Falls Village, Conn.
Houston and Texas Central Ry.,

C. H. Burns. Mast. Mach.. Houston, Tex.
Houston Belt and Magnolia Park RR.,

C. X. A. De Bagligethy, Houston, Tex.
Houston, East and West Texas Ry..

E. A. Campbell. Supt. Mot. Pow. & Mchy., Hous-
ton, Tex.

Humeston and Shenandoah RR.,

G. Knapp, Shenandoah, la.
Huntington and Broad Top Mountain RR.,

Chas. R. Yohn, Saxton, Pa.
Illinois Central RR..

Henry Schlacks. Supt. of Mach., Chicago, 111.

A. Putter, Chicago, 111.

J. B. Edams, Amboy, 111.

Wm. Griffin, Clinton. 111.

T. W. Place, Waterloo, la.

W. B. McKenna. McComb City, Miss.

E. O. Dana, Freeport, 111.

J. W. Luttrell, Water Valley, Miss.

J. J. O'Rourke, Memphis, Tenn.
Indiana and Illinois Southern RR..

M. E. Hotchkiss, Palestine, III.
Indiana, Illinois and Iowa RR.,

L. H. Miller, Kankakee. 111.
Indianapolis, Decatur and Western Ry.,

John McKenna, Indianapolis, Ind.
Indianapolis Union Ry.,

John Caffrey, Indianapolis, Ind.
Intercolonial Ry.,

H. A. Whitney, Mech. Supt., Moncton, N. B.
International and Great Xorthem RR..

F. Huffsmith, Palestine, Tex.
Iowa Central Ry.,

M. C. Wheeler, Marshalltown, la.
Iron Ry.,

George A. Myers, Ironton, O.
Jacksonville and Atlantic Ry.,

J. E. Clark. For. Loco. Rep., Jacksonville, Fla.
Jacksonville Southeastern Line.,

W. J. Hemphill, Supt. M. P. &. M., Jacksonville, 111.
Jacksonville, Tampa and Key West System and East
Coast Lines,

Win. Rutherford, Gen. Mast. Mech., Palatka, Fla.
Joliet and Blue Island Ry.,

C. J. Clifford. Mast, kach., So. Chicago. 111.
Jones Mountain RR..

Jos. Garrity, Jonesburg, N. Y.
Kanawha and Coal River RR..

W. F. Kain. Spring Hill, W. Va.
Kanawha and Michigan Ry.,

J. B. Morgan. Bucyrus. O.
Kansas City and Southern RR.,

W. E. Reeves, Coburg. Mo.
Kansas City, Clinton andTSpringfield Ry.. and
Kansas City, Fort Scott and Memphis RR.,

J. S. McCrum, Supt. M. P. & M., Kansas City, Mo.

J. Bissett, Springfield, Mo.

Kansas City, Memphis and Birmingham RR., and
Kansas City, Fort Scott and Memphis RR.,

R. H. Briggs, Memphis, Tenn.
Kansas City and Independence Rapid Transit,

C. A. Wiseman, Kansas City, Mo.
Kansas City, Fort Smith and Southern Ry.,

Thos. D. Woodhouse. Neosha, Mo.

Kansas City, Osceola and Southern Ry.,

W. K. Eteerea, coburg, Mo.
Kansas City, St. Joseph and Council Bluffs RR.,

F. A. Chase. St. Joseph, Mo.
Kansas City, Watkins and Gnlf Ry.,

J. K. Lape, Mast. Mach., Lake Charles, La.
Kansas city. Wyandotte and Xorthwestern RR.,

G. Mertsheimer, Kansas City, Mo.
Kent Xorthern Ry.,

E. Amireau, Mast, of Mchy., Richibucto, N. B.,
Kentucky and Indiana Bridge RR.,

Jno. F. Newhouse, Louisville, Ky.
Kentucky Midland Ry.,

Matthew Horton, Mast, of Men., Frankfort, Ky.
Kentucky Union RR..

John R. Martin, Clay City, Ky.
Keokuk and Western RR.,

W. Augustus, Centreville, la.
Kings County Elevated RR.,

F. Hedley, Brooklyn, X. Y.
Kingston and Pembroke RR.,

J. H. Taylor, Mast, of Mach., Kingston, Ont.
Kingston, Napanee and Western Ry.,

J. A. Davis, Deseronto, Ont.
Lake Champlain and Moriah RR.,

C. P. Morrison, Port Henry, X. Y.
Lake Erie and Detroit River RR..

S. Anstin, Mech. Supt., Walkerville, Ont.
Lake Erie and Western Ry.,

I. W. Kurtz. Div. M. M., Peru. Ind.

J. W. Mitten, Div. M. M., Ft. Wayne, Ind.
Lake Shore and Michigan Southern Ry.,

G. W. Stevens. Supt. Mot. Pow.. Cleveland, O.
Lake Shore and Michigan Southern Ry. (Eastern Div.),

John Robinson. Buffalo, X. Y.

J. S. Graham, Cleveland, O.
Lake Shore and Michigan Southern Ry. (Toledo Div.),

A. A. Bradeen. Xpfwalk, O.
LaUe Shore and Michigan Southern Ry. (Western Div.),

W. L. Gilmore,Elkhart, Ind.
Lake Tahoe RR..

O. R. Williams, Glenbrook, Nev.
Lebanon Springs RR.,

Geo. Tefft, Chatham, N. Y.
Lehigh and Hudson River RR.,

Stott Mills. Warwick, X. Y.
Lehigh Valley RR.,

John I. Kinsey. South Easton, Pa.

A. Mitchell. Wilkesbarre. Pa.

C. H. De Witt, Weatherly, Pa.

David Clark, Hazleton, Pa.

John Campbell, Delano, Pa.

J. X. Weaver. Sayre. Pa.
Ligonier Valley RR.,

S. L. French. Mast. Mach., Ligonier, Pa.
Little Rock and Fort Smith Ry.,

Frank Reardon. Baring Cross, Ark.
Little Rock and Memphis RR..

Thos. Rennell, Argenta, Ark.
Little Saw Mill Run RR.,

E. A. Huneawell, Banksville, Pa.
| Long Island RR.,

C. A. Thompson, Supt. Mot. Pow., L. Isl. City, N. Y.
Los Angeles and Pacific RR.,

E. W. Church, Mast, of Mach., Los Angeles, Cal.
Los Angeles Terminal Ry.,

C. Shanks, Los Angeles, Cal.
Louisville and Xashville RR.,

Pulaski Leeds, Supt. Mach., Louisville, Ky.

Win. Adair, Louisville, Ky.

S. R. Tuggle, Covington, Ky.
J. G. Clifford, Louisville, Ky.

R. Koran, Bowling Green, Ky.

C. B. Gifford, Birmingham, Ala.

J. H. Waiters, Anniston, Ala.

A. Beckert. Decatur, Ala.

H. Minto. Mobile. Ala.

Thos. Walsh, Howell. Ind.

C. F. Giles, Pensacola, Fla,

J. V. Slusser, Memphis, Tenn.
Louisville, Evansville and St. Louis Consolidated RR.,

John Torrance. Evansville, Ind.
Louisville. Xew Albany and Chicago Ry.,

H. Watkeys, Xew Albany, Ind.
Louisville. Xew Orleans and Texas Ry..

J. J. Casey, Supt. Mot. Pow., Vicksburg, Miss.
Louisville. St. Louis and Texas Ry.,

F. J. Ferry, Cloverport. Ky.

156

THE UPSON NUT CO., Cleveland, Ohio,

MANUFACTURERS OF

Hot Pressed Nuts. Cold Punched Plain, Chamfered Trim-
med and Reamed Nuts. Carriage, Machine and Bridge
Bolts, Bolt Ends, Bridge Rivets. Standard Track
Bolts. Patent Lock Nut Track Bolts. Gimlet
Point and Common Lag Screws. Washers.

AND PRICES ON APPLICATION.

PATENT SPLIT POINT LOCK NUT BOLT.

An Absolute Lock at Low Cost, Try It,

Patented April 27, 1886.

Bolt Not Locked. Bolt Locked.

PORT CHESTER BOLT AND IT COHPAM,

PORT CHESTER, N. Y.

MANUFACTURERS OP

Cold Punched, Chamfered and Trimmed, Case Hardened,

and Semi-Finished

NUTS

FOR RAILROADS, CAR BUILDERS', LOCOMOTIVE
BUILDERS' AND MACHINISTS' USE,

CORRESPONDENCE SOLICITED-

POOR S DIRECTORY — MASTER MECHANICS.

157

McKei-sport ronnec»ing RR.,

i . N. Reiley. McKeesport. Pa.
Macon. Dublin and Sa\umi:ih KK.,

\v. A. Gary, Maeou. Ga.
Maim- Central RR.,

A. Pilsbury. Wau-rville. Mr.
Manhattan Uv..

T. \V. 1'eepU-. NYw York. X. V.
Manistee and Northeaetem RR..

W. H. Xuttall. Manistee. Mich.
Manitoba and Northwestern li\..

T. A. Summerskill. Portal la Prairie. Man.
Mnricopu and Phu'iiix RR..

M. S. Wel>l>. 1'h.enix. Ariz.
Marietta and North Georgia RR.,

J. B. Glover, Jr.. Supt. Mot. Pow.. Marietta, Ga.

Warren Hubbard. Marietta. Ga.
Mason City and Fort Dodire RR..

R. II. Emerson, For. Lord. Rep.. Fort Dodge, la.
Maxton. Alma and Rowland RR..

C. Wicker. Mast. Mdiy.. Alma. X. C.
Memphis and Charleston RR..

II. M. Bui-ford. Memphis. Tenn.
Meriden, Waterbury and Connecticut River RR.,

W. H. Wilkinson. Merideu. Coun.
Mexican Central Ry.,

F. W. Johnstone. Stipt. M. P. A: M.. Mexico, Mex.

G. W. -lennin-s. Div. M. M.. Mexico. Mex.
K. W. Gla-ier. IMv. M. M.. Silao. Mex.

W. Cockfield. Div. M. M., No. Chihuahua. Mex.

T. Smitlmrst. Div. M. M., Guadalajara. Mex.

E. V. Sedi:wick, Div. M. M.. Tampico, Mex.

C. E. Shackiord. Div. M. M.. San Luis Potosi, Mex.

J. S. Turner. Div. M. M.. So. Jimulco. Mex.
Mexican International RR..

W. Jennings. Cindad Porfirio Diaz. Mex.
Mexican National RR.,

Thos. Milan. Supt. Mot. Pow. & Mach., San Luis
Potosi. 'Mex.

L. H. Sherman. Mexico. Mex.

James Fan-ell . San Luis Potosi, Mex.

Dan'l O'Connor, Laredo. Tex.

Theo. P. Jacobs. Acambaro. Mex.
Michigan Central RR..

C. E. Smart, Gen. M. M.. Jackson. Mich.

J. G. Riley. Div. M. M.. Chicago. 111.

Gus. Zemiin. Div. M. M., Detroit, Mich.

M. Rvan. Div. M. M.. Bay City. Mich.

M. L^ Flynii. Div. M. M..*St. Thomas. Ont.
Middleburs; and Schoharie RR..

James'Coons. Middleburg, X. Y.
Milwaukee and Xorthern RR..

J. X. Barr, Supt. Mot. Pow., Fort Howard, Wis.

X. S. Kimball. Fort Howard, Wis.
Milwaukee. Bav View and Chicago RR.,

E. Seeley, Milwaukee. Wis. '
Milwaukee. Lake Shore and Western Ry.,

John Hickey. Kaukauna. "VVis.

Robt. Quayl. Kaukauna. Wis.
Mineral Range RR.,

John Shields, Hancock. Mich.
Minneapolis and St. Louis Ry..

John Touge, Minneapolis. Minn.
Minneapolis, St. Paul and Sault Ste. Marie Ry.,

E. A. Williams. Minneapolis, Minn.
Mississippi River and Bonne Terre Ry..

W. Davidson. Mast. Mach., Bonne Terre, Mo.
Mississippi River and Xorthwestern RR.,

Jack Parker. Mast. Mach.. Arkansas City. Ark.
Missouri. Kansas and Texas Ry..

Wm. O'Herin, Snpt. Mot. Pow. & Mach., Parsons,
Kan.

C. T. McElvaney, M. M. Lines in Tex.. Denison,Tex.
Missouri Pacific Ry.,

Frank Reardon. Supt. Loco. Dept.. St. Louis, Mo.

L. Bartlett. St. Louis. Mo.

C. W. Weller. Atchison. Kan.

W. J. Hill. Osawatomie. Kan.

J. F. Jones, Ft. Scott. Kan.
Mobile and Ohio RR..

M. T. Carson. Jackson, Tenn.
Mobile and Spring Hill RR.,

C. W. Fowler. Mast, of Mach. Rep.. Mobile. Ala.
Monongahela Connecting RR..

W. R. Xicholson. Pittsburgh, Pa.
Monongahela River RR.,

Wm. Stanhagen, For. Loco. Rep., Watson. W. Va.
Montana Union Ry..

Geo. Lindoff, Anaconda, Mont.

Monterey and Mexican Gulf RR..

Frank Papineau. Monterey. Mex.
Montpelier and Wells River RR..

C. C. Field, For. Loco. Rep., Montpelier, Vt.
Nantucket RR.,

Chas. S. Vincent. Xantueket. Ma~~.
Napanee. Tamworth and Quebec RR.,

J. A. Davis, Deseronto, Ont.
Narra<ransett Pier RR..

Elisha Gardner, Peace Dale, R. I.
Xashville. Chattanooga and St. Louis Ry.,

James Culleii. Xa-hville. Tenn.
Xatchex. Red River and Texas RR.,

('. Wallace. Vidalia, La.
Xatchitoches RR..

W. ,J. Goodwin. Xatchitoches. La.
National City and Otay Ry..

< . H. Wooster. Xational City, Cal.
Nevada Central Ry..

W. E. Killen. Battle Mountain. Xev.
Xewbunr. Dutchess and Connecticut RR.,

G. D. Holmes, Dutchess Junction. X. Y.
Newfoundland Rv.,

Robert Stein/Mech. Supt.. St. John's. NTd.
New Jersev and New York RR.,

J. S. D'rake. Hillsdale. X. J.
New Orleans and Southern RR..

Thos. Crow. Mast. Mach.. New Orleans, La.
New Orleans. Fort Jackson and Gr'd Isle RR.,

Chas. H. Burgis. New Orleans, La.
Newport News and Mississippi Valley Co. (W. Div.),

J. W. Luttrell. Supt. Mot. Pow., Paducah. Ky.
Newport News and Mississippi Valley Co. (E. Div.\

W. T. Smith. Supt. Mot. Pow.. Lexington. Kv.
New York and Mass. RR..

J. H. Bur-hardt. Poughkeepsie, N. Y.
New York and New England RR.,

E. M. Humstone, Gen. M. M.. Hartford, Conn.

S. F. Whaley. Div. M. M.. Norwich, Conn.
New York and Northern RR.,

Thos. Millen. Mast. Mach., High Bridge, N. Y
New York and Sea Beach Ry..

John Van Ness. Bay Ridge, L. I.
New York and Rockaway Beach Ry..

Saml. F. Prince, Jr.. Morris Park. L. I.. N. Y.
New York Central and Hudson River RR..

Wm. Buchanan. Supt. Mot. Pow., New York. N. Y.

Jas. Buchanan, West Albany, X. Y.

S. L. White, Syracuse. X. Y".

A. Gould. East Buffalo. X. Y.

New York Central and Hudson River RR. (West Shore
RR. Div.),

P. E. Garrison, Buffalo. N. Y.

John Howard, New Durham. X*. Y.
New York Central and Hudson River RR.(D., A. V. & P.
RR.),

W. M. Buchanan. New York. X*. Y.
New York. Chicago and St. Louis RR..

John Mackenzie. Supt. Mot. Pow.. Cleveland O
New York. Chicago and St. Louis (East. Div.»,

E. A. Miller, Conneaut. O.

New York. Chicago and St. Louis (West. Div.i.

T. B. Hindel. Stoney Island, 111.
New York. Lake Erie arid Western RR..

A. E. Mitchell, Snpt. Mot. Pow.. New York. N. Y.
New York, Lake Erie and Western RR. (East. Div.),

C. E. Fuller. Jr.. Jersey City. N. J.
New York. Lake Erie and Western RR. (Del. Div.).

H. A. Gillis, Port Jen is. X. Y.

Xew York. Lake Erie and Western RR. (Susquehanra
Div.),

W. Lavery, Snsqnehauna. Pa.
New York. Lake Erie and Western RR. (West. Div.).

T. W. Ranson. Hornellsville, N. Y.
New York, Lake Erie and Western RR. (B. & B. Sw.
Div.),

Geo. B. Ross. Buffalo. N. Y.
New York. Lake Erie and Western RR. (Roch. Div.),

C. P. Weiss. Rochester. N. Y.
New York. Lake Erie and Western RR. (Tioga Div.),

W. Lavery. Snsquehanna. Pa.
Xew York. Lake Erie and Western RR. (Bradford Div )

G. W. Conklin, Bradford. Pa.
Xew York; Lake Erie and Western RR. (East. Div.).

F. B. Smith, Act. M. M.. Meadville. Pa.

Xew York. Lake Erie and Western RR. (West. Div.),

A. W. Ball. Galion, O.
New York. Lake Erie £ Western RR. (Mahoning Div.),

T. Carmody, Cleveland, O.J

158

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POOR'S DIRECTORY — MASTER MECHANICS.

159

New York, Lake Eric A: We.-t.RR. (X. Y. & G. L. Div.),

C. E. Fuller, Jr., Jersey City, N. .1.
New York, Lake Krie and Western RR. (Tioga RR.),

\\". I.avery. Stis<[uehanna, Pa.
New York, Lake Krie A \NVstern RR. (Barclay RR.).

Daniel McCarthy, Foot of Plane. I'a.
Xe\v York. New Haven and Hartford 1IR..

John Henney. Jr.. Supr. Mot. Pow., New Haven, Ct
New York. Ontario and Western Ry.,

(i. \\'. West. Supt. Mot. Pow.. ICiddletoWD, N. Y.
New York. Philadelphia and Norfolk RR.,

C. O. Skidmore. Cape Charles, Va.
New York. Providence and Boston RR.,

L. M. Butler, Providence, R. I.
New York. Snsquehanna and Western RR.,

W. C. Ennis, Wortendyke, N. J.
Niagara Central RR.,

Win. 11. 1'ay. Mast, of Mach.. St. Catharines, Out.
Norfolk A: Carolina RK..

J. S. \Vhit\vorth. Norfolk, Va.
Norfolk and Ocean View Narrow-Gauge RR.,

M. I). Colonna. Mast, of Mach.. Norfolk. Va.
Norfolk. Albemarle and Atlantic RR.,

Robt. D. Whitehorn. Norfolk. Va.
Norfolk and Western RR.,

R. H. Soule, Supt. Mot. Pow., Roanoke, Va.

N. W. Nos worthy. Crewe, Va.

C. M. Mays. Durmid. Va.

J. E. Battye, Shenandoah, Va.

N. H. Smith, Bluefield. W. Va.
Norfolk and Southern RR.,

G. R. Jooghins, Berkley, Va.
Northern Adirondack RR.,"

E. Lalime, Santa Clara, N. Y.
Northern Central Ry.,

E. D. Nelson, Supt. M. P. & M., Williamsport, Pa. j
J. M. Coale, Baltimore. Md.

J. S. Funk. Marysville, Pa.

James Strode, Elmira, N. Y.
Northern Pacific RR.,

John Hickey. Supt. M. P. & M., St. Paul. Minn.
Nova Scotia Central Ry.,

A. Wilson, Mech. Supt., Bridgewater, N. S.
Ohio and Big Sandy RR.,

W. R. Morris, Ashland, Ky.
Ohio and Mississippi Ry.,

G. W. Walkup. G. For. Mach. Shop, Wash'g'n, Ind.
Ohio River RR.,

J. B. Dorsey, Parkersburg, W. Va.
Ohio Southern Ry..

A. E. Tramp, Springfield, O.
Ohio Valley Ry.,

W. J. Torrence, De Koven, Ky.
Old Colony RR.,

S. P. Willis. Boston, Mass.

F. M. Twombly, Roxbury. Mass.

A. W. Twombly. Taunton, Mass.
Omaha and St. Louis Ry..

J. D. Hunter, Supt. Mot. Pow., Stanberry,'Mo.
Orange Belt Ry.,

J. F. Sheahan, Oakland, Fla.
Oregon Pacific RR.,

J. Hulme, Yaquina, Ore.
Oregon and Washington RR.,

William Saxton, Hunts June., Wash.
Owensboro, Falls of Rough and Green River RR.,

Bruce Trabue, Uwensboro, Ky.
Oxford and Henderson RR.,

J. E. Lawrence, Oxford, N. C.
Pacific Coast Ry.,

Joseph Lird, For. Mach., San Luis Obispo, Cal.
Panama RR.,

D. G. Mott, Colon, TJ. S. C.
Pecos Valley Ry.,

Geo. F. Miller, Mast. Mach., Eddy, N. M.
Pennsboro' and Harris ville, Ritchie Co. Ry.,

Clark Hess, Mast. Mach., Ritchie C. H., W. Va.
Pennsylvania and Northwestern RR.,

G. E. Van Brunt, Bellwood, Pa.
Pennsylvania Company,

F. D. Casanave, Supt. Mot. Pow., N. W. System,
Fort Wayne, Ind.

Edw. B. Wall, Supt. Mot. Pow., So. W. System, Co-
lumbus, O.
W. F. Beardsley, Allegheny. Pa.

G. L. Potter. Fr. Wayne, Ind.

B. Fitzpatrick, Wellsville, O.
T. F. Butler, Crestline, O.

J. A. Wood, Gen. For., Erie, Pa.

W. M. Lowe, Gen. FOT., Toledo, O.

John Moore. Gen. For., Alliance, O.
Pennsylvania Company (Pitts. Div.),

W. C. Arp, Dennison, O.

S. P. Bush, Columbus, O.
Pennsylvania Company (Cine. Div.),

W. C. Pennock, Cincinnati, O.
Pennsylvania Co. (Indianapolis Div.),

Win. Swan.-ton. Indianapolis, Ind.
Pennsylvania Co. (Chicago Div.),

W'. W. Reynolds, Logansport, Ind.
Pennsylvania RR- Co.,

Theo. N. Kly, <;en. Supt. Mot. Pow.. Altoona, Pa.

J. M. Wallis. Snpt. M. P.. Altoona, Pa.

H. D. Garrett. W. Philadelphia. Pa.

A. o. Baker, Columbia, Pa.

E. L. Caum. Harrisburg, Pa.

Isaiah Paxon, Lewiston, Pa.

H. D. Gordon, Altoona, Pa.

J. A. Beamer, Tyrone, Pa.

<;. W. Strattan, Altoona, Pa.

W. B. Norm, Blairsville, Pa.

D. O. Shaver, Pittsburgh, Pa.
Pennsylvania RR. (U. RR's of N. J. Div.i,

H.X Ilayward, Snpt. M. P., Jersey City. N. J.

J. W. Sanford, Meadows. N. J.

H. Canfield, Hoboken, N. J.

R. McDowell, Lambertville. N. J.

T. Kerr, South Amboy. N. J.

Rufus Hill, Camden, N. J.

W. McAlister, Camden, N. J.
Pennsylvania RR. (Philadelphia and Erie Div.).

Edw. D. Nelson, Supt. M. P., Williamsport, Pa.

H. K. Stout, Sunbury, Pa.

Win. L. Holman, Renovo, Pa.

James Gaskill, Erie, Pa.
Pennsylvania, Poughkeepsie and Boston RR.,

E. E. Jenks, Pen Argyl, Pa.
Pensacola and Perdido RR.,

G. L. Napier, Mast. Mach., Pensacola, Fla.
Peoria and Pekin Union Ry.,

J. W. Hill, Peoria, 111.
Peoria, Decatur and Evansville Ry.,

C. C. Robinson, Mattoon, 111.
Petersburg RR.,

John O'Brien, Richmond, Va.
Philadelphia and Erie RR.,

Edw. D. Nelson, Supt. Mot. Pow., Williamsport, Pa.
Philadelphia and Reading RR.,

L. B. Paxon. Supt. Mot. |Pow., M. L. & Wmspt.
Div., Reading, Pa.

A. Mitchell, Supt. Mot. Pow., E. & No. Divs.,
Wilkesbarre, Pa.

Philadelphia, Wilmington and Baltimore RR.,

R. E. Marshall. Supt. Mot. Pow., Philadelphia, Pa.

C. G. Turner, Wilmington, Del.
Pittsburgh and Castle Shannon RR.,

Holmes Ward. Castle Shannon, Pa.
Pittsburgh and Lake Erie RR.,

L. H. Turner. Chartiers, Pa.
Pittsburgh and Western RR.,

J. L. Brown, Allegheny, Pa.
Pittsburgh, Akron and Western RR.,

B. P. Marshall, Delphos. O.
Pittsburg. Chartrers and Youghiogheny RR.,

Wm. Flahavhan, McKee's Rocks, Pa.
Pittsburgh. Cincinnati. Chicago and St. Louis Ry.
Edward B. Wall, Supt. Mot. Pow., Columbus, O.

C. B. Street. Dennison, O.

W. W. Reynolds, Columbus, O.
Pittsburgh. Marion and Chicago Ry.,

W. H. Benson, New Galilee, Pa.
Pittsburgh, Shenango and Lake Erie RR.,

E. Richardson, Shenango, Pa.
Pontiac, Oxford and Northern RR.,

F. H. Neward. Pontiac. Mich.
Pontiac Pacific Junction Ry.,

G. W. Pangburn, Aylme'r, P. Q.
Portland and Rochester RR..

E. H. C. Thompson. Portland, Me.
Port Reading RR.,

C. A. Thompson, Supt. Mot. Pow. & Rd. Equip't,

Jersey City. N. J.
Port Townsend Southern RR.,

C. F. Hobart. Mast. Mach., Seattle, Wash.
Potomac, Fredericksburg and Piedmont RR.,

W. P. Johnson. Mast. Mach.. Fredericksburg, Va. .
Prescott and Arizona Central RR..

L. W. Patton, Prescott, Ariz.

160

POOR 8 DIRECTORY — MASTER MECHANICS.

Prince Edward Island Ry.,

J. Unsworth, Mech. Supt., Charlottetown, P. E. I.
Prospect Park and Coney Island RR.,

H. H. Missimer, Brooklyn, N. Y.
Quebec and Lake St. John Ry..

M. Wakefield, St. Raymond, Q.ue.
Quebec Central Ry.,

J. Sevewright, Sherbrooke, Can.
Queen and Crescent System,

James Meehan, Supt. M. P. and M., Ludlow, Ky.

P. Schreiber, Chattanooga, Tenn.

T. Walsh. Somerset. Ky.

J. P. McCuen, Birmingham, Ala.

J. G. Tomlinson, Meridian, Miss.

J. C. McCarthy, Monroe, La.

F. P. Boatman, Harrodsburg. Ky.
Quincy, Omaha and Kansas City Ry.,

Jno. Voorhis, Quincy, 111.
Raleigh and Augusta Air Line,

B. R. Harding, Raleigh, N. C.
Raleigh and Gaston RR.,

B. R. Harding, Raleigh. N. C.
Redondo RR.,

W. P. Clinton, Redondo Beach, Cal.
Richmond and Danville RR.,

R. D. Wade, Supt. Mot. Pow., Atlanta, Ga.

A.W. Gibbs, Div. M. M., Alexandria. Va.

S. D. Harris, Div. M. M., Salisbury, N. C.

J. H. Green, Div. M. M., Columbia, S. C.

W. A. Walden, Div. M. M., Atlanta, Ga.
Richmond and Petersburg RR..

John O'Brien, Richmond, Va.
Richmond, Fredericksburg and Potomac RR.,

J. T. Bryant, Richmond, Va.
Rio Grande and Eagle Pass Ry.,

W. L. Giddens, Laredo, Tex.
Rio Grande RR.,

Geo. W. Randall, Mast. Mach., Brownsville, Tex.
Rio Grande Junction Ry.,

N. W. Sample, Supt. Mach., Denver, Col.
Rio Grande Southern Ry.,

N. W. Sample, Supt. Mot. Pow., Denver, Col.
Rio Grande WTestern RR ,

J. B. Dailey, Salt Lake City, Utah.
Rochester and Lake Ontario RR.,

Geo. Gardner, Rochester, N. Y.
Rockaway Village RR.,

J. E. V. Melick, White House, N. J.
Rock Island and Peoria Ry.,

J. Elder, Peoria, 111.
Rockwood and Tennessee River Ry.,

P. Sanborn, Chattanooga, Term.
Rome RR. of Georgia,

C. Chester, Chattanooga, Tenn.
Rumford Falls and Buckfield RR.,

M. R. Davis, For.|Loc. Rep., Canton, Me.
Saginaw Valley and Lake Huron RR.,

P. Reilly, Saginaw, Mich.
Saginaw Valley and St. Louis RR.,

W. S. Morris, Supt. Mot. Pow., Grand Rapids, Mich.
St. Augustine and South Beach Ry.,

Alien Wood, St. Augustine, Fla.
St. Clairsville and Northern Ry.,

Isaac Shallcross, St. Clairsville, O.
St. Croix and Penobscot RR.,

Geo. H. Corson, Milltown, Me.
St. Johnsbury and Lake Champlain RR.,

A. R. Barrett, Supt. M. P., Boston, Mass.

A. R. Barrett, St. Johnsbury, Vt.
St. Joseph and Grand Island RR.,

A. J. Broughel, St. Joseph, Mo.
St. Joseph Valley Ry.,

H. Tibbs, Berrien Springs, Mich.
St. Louis, Alton and Terre Haute RR.,

J. W. Stokes, E. St. Louis, 111.
St. Louis and Hannibal RR.,

J. K. Tremain, Oakwood Junction, Mo.
St. Louis and San Francisco Ry.,

M. Kearney, Springfield, Mo.
St. Lonis and Suburban Ry.,

John Kehrman, St. Louis, Mo.
St. Louis, Cape Girardean and Ft. Smith Ry.,

Fred. Glover, Cape Girardeau, Mo.
St. Louis, Iron Movintain and Southern Ry.,

W. H. Harris, De Spto, Mo.

Mord. Roberts, Baring Cross, Ark.
St. Louis, Keokuk and Northwestern Ry.,

W. H. Bartlett, Burlington, la.

N. J. Paradise, Hannibal, Mo.

St. Louis Merchants' Bridge Terminal Ry.,

W. C. Wilson, St. Louis, Mo.
St. Louis Southwestern Ry.,

R. M. Galbraith, G. M. M., Pine Bluff, Ark.
St. Louis Southwestern Ry. of Texas,

Thomas Inglis, Tyler, Tex,
St. Paul and Duluth RR.,

Geo. D. Brooke, St. Paul, Minn.
Salisbury and Harvey Ry..

Jas. McKay, Hillsborougk, N. B.
San Antonio and Arausas !';iss RR.,

W. H. Reilly, Supt. Mot. Pow., San Antonio. Tex.
Sandy River RR.,

Edward Greenwood, Phillips. Mi-.
San Francisco and North Pacific RR.,

Ed. Reynolds. Tiburon, Cal.
San Pete Valley RR.,

Wm. Watson, Maroni, U. T.
Savannah, Americus and Montgomery RR.,

Wm. Argue, Americas, (in.
Savannah, Florida and Western Ry.,

G. M. D. Riley, Mast, of Mach., Savannah, Ga.
Schoharie Valley RR.,

James Curvis, Schoharie, N. Y.
Seaboard and Roanoke RR.,

C. W. Walker, Portsmouth, Va.
Seaboard Ry. of Alabama,

M. Roberts, Fairford, Ala.
Seattle and Northern Ry.,

C. F. Hobart, Seattle. Wash.
Sea View RR.,

Wm. Finlay, Flatbush, N. Y.
Sebasticook and Moosehead RR.,

J. Matthews, Ilartiand, Me.
Sharpsville RR.,

James Glass. Sharpsville. Pa.
Shepaug, Litcjifield and Northern RR.,

A. J. Broughel, Hawleyville, Conn.
Shore Line Ry.,

Thos. Logan. St. John, N. B.
Shieveport and Houston RR.,

E. A. Campbell, Houston, Tex.
Sioux City and Northern RR,,

J. G. Butterfield, Sioux City, la.
Sioux City, O'Neill and Western Ry.

J. G. Butterfteld, Sioux City, la.
Sinnemahoning Valley Ry.,

L. T. Johnson, Austin, Pa.
Skaneateles RR.,

Martin Fennell, Mast. Mach., Skaneateles, N. Y.
Somerset Ry.,

C. Crowell, Mast. Mach., North Anson, Me.
Somerset County RR.,

Denis Lowney, Confluence, Pa.
Sonora Ry.,

L. Strom, Guaymas, Mex.
Sonora Ry. (New Mexico and Arizona RR.),

Thomas Forsyth, Benson, A. T.
South Atlantic and Ohio RR.,

John King, Bristol, Tenn.
SouthBoundRR.,

J. L. Mallette, Mast. Mach., Savannah, Ga.
South Carolina Ry.,

E. M. Roberts, Supt. M. P. & Mchy., Charleston,

S. C.
Southern California Ry.,

G. W. Prescott, Supt. Mchy., San Bernardino, Cal.
Southern Pacific Co. (Pacific System),

H. J. Small, Supt. Mot. Pow., Sacramento, Cal.

T. W. Heintzleman, Sacramento, Cal.

Wm. McKenzie, Oakland, Cal.

Geo. D. Welch, For. Mach. Shop, Oakland, €al.

E. M. Lucket,Gen.For.Mach.Shop,Sacramento,Cal.

Geo. H. Hunt, Wadsworth, Nev.

P. Sheedy, Carlin, Nev.

P. Sheedy, Terrace, Utah.

A. D. Kilborn, Dunsmuir, Cal.

M. W. Cooley, Bakersfield, Cal.

Geo. Gregg, Los Angeles, Cal.

R. W. Gray, Tucson, Ariz.

A. Brandt, Portland, Ore.

H. McKerron, Coast Div., San Francisco, Cal.
Southern Pacific Co. (M.. L. & T. RR. & SS. Co.),

J. D. Council, Algiers, La.

J. Mitchell, Div. Mech., Lafayette, Ln.
Southern Pacific Co. (L. W. RR. and T. & N. O. RR.),

J. J. Ryan. Gen. M. M., Houston. Tex.
Southern Pacific Co. (S. & E. T. Ry.),

J. J. Ryan, G. M. M., Houston, Tex.

POOR'S DIRECTORY — MASTER MECHANICS.

161

Southern Pacific Co. (Q. II. .V 8. A. I{>O.

J. J. Hyan, (i. .M. M.. Houston, Tex.

Edw Kyan, Div. M. M., Sau Antonio, Tex.

O. Delsomiir. Div. M. M.,E1 l'u>o, Tex.
Southern Pacific Co. (G. W. T. & P. By.),

J. J. Ityau, Gen. M. M.. Houston, Tex.

Mooney, Div. M. M., Victoria, Tex.
Southern 1'acitic O>. i \. V.. Tex. & Mex. Ry.),

J. J. Ryan, Gen. M. M., Houston, Tex.

James 'Moonev. Div. M. M., Victoria, Tex.
t?outh Florida HK..

R. Derby, Sanford, Flu.

;!is and Northern Ry.,

C. H. Prcsoott. Spokane Falls, Wash.
Staten Island Rapid Transit RR.,

Thomas Tyrrell, Clifton. Sraten Island, X. Y.
Suffolk iu.d Carolina RR..

H. S. Madeary . Suffolk. Va.
Sii\van !'.'•• Kivi-r Hv.,

W. W. Waterbiiry. Eiiaville, Fla.
Talbotton KR..

T. R. Rersons. Mast. Mach., Talbotton, Ga.
Tavares and Gulf RR.,

S. A. Sheppard, Clermont, Fla.
Temiscouata Ry.,

W. J. Walsh, Mast. Mach., Riv. du Loup, Que.
Tennessee Midland Ry.,

Samuel Steinberger, Mast. Mach., Memphis, Tenn.
Terminal RR. Association of St. Louis,

H. M. Smith, St. Louis. Mo.
Terre Haute and Indianapolis KR.,

G. H. Prescott, Supt. M. P. & M., Terre Haute, Ind.
Terre Haute and Peoria Ry.,

W. G. Van Buskirk, Mast. Mach., Paris, 111.
Texarkana and Shreveport RR.,

J. J. Walch, Texarkana, Tex.
Texas and Pacific Ry.,

A. S. Douglass, Supt. M. P. & R. S., Marshall, Tex.
Texas Central Ry.,

F. H. Dehn, Walnut Springs, Tex.
Texas, Sabine Valley and Northwestern Ry.,

G. P. Spaulding. Longview, Tex.
Texas Trunk RR.,

Fred. Cordell, Mast. Mach., Dallas, Tex.
Texas Western Ry.,

Jno. Fredericks, Houston, Tex.
Tioga RR.,

W. Lavery, Susqnehanna, Pa.
Tilton and Belmont RR..

J. T. Gordon, Supt. Mot. Pow., Concord, N. H.
Toledo and Ohio Central Ry.,

J. B. Morgan, Bucyrns, O.
Toledo and Ohio Central Extension Ry.,

William Morse, Marietta, O.
Toledo and South Haven RR.,

S. E. Hunger, For. Loco. Rep., Paw Paw, Mich.
Toledo, Ann Arbor and North Michigan Ry.,

W. H. Bradley, Snpt. Mot. Pow., Owosso, Mich.
Toledo, Columbus and Cincinnati Ry.,

C. J. Cooper, Kenton, O.
Toledo, Peoria and Western RR.,

B. Warren, Peoria, 111.
Toledo, Saginaw and Muskegon Ry.,

H. Roberts, Mech. Supt., Detroit, Mich.
Toledo, St. Louis and Kansas City RR.,

John Ortton, Supt. Mach. & R. S., Delphos, O.
Tower and Soudan RR.,

Chas. Trengove, Tower, Minn.
Trout Run RR.,

Jas. Morton, Cammal, Lycoming Co., Pa.
Ulster and Delaware RR.,

A. E. Benson. Mast. Mach., Rondout. N. Y.
Union Freight RR..

F. P. Busiel, Boston. Mass.
Union Pacific Ry.,

J. H. McConnell, Supt. M. P. & Mach., Omaha,
Neb.

Z, T. Sprigg, Mast. Mech., Denver, Col.
Valley Ry..

E. Kennerdcll, Gen. For., Cleveland, O.

11 '

Vandalia Line,

G. H. Prescott, Supt. Mot. P. & M., Terre Haute,
lud.

F. C. Cleaver, Div. M. M., Terre Hante, Ind.

C. Butler, Div. M. M., Eftingham, III.

C. Idler, Div. M. M., Indianapolis, Ind.
Vermont Valley RR. of 1871,

\V. II. Stearns, Springfield, Ma--.
Virginia and Truckee RR.,

1. X. Fording, Mast, of Mach., Carson City, Xev.
Wa!>a~u RR.,

J. B. Barnes, Supt. Mot. Pow. and Mach., Spring-
field, 111.

F. \V. Morse. Div. M. M.. Ft. Wayne, Ind.
C. F. Lape, Div. M. M.. Springfield, 111.
T. E. Butterly, Div. M. M.. Moberly, Mo.

Wadlev and Mt. Vernon RR.,

S. B. Perkins. Wadley, Ga.
Wallkill Vallcv lid..

W. M. Buchanan, Supt. Mot. Pow., Xew York, X. Y.
Warren and Farnsworth RR.,

W. H. Holland, Clarendon, Pa.
Washington Southern Ry. Wash.;,

H. A. Todd, Shelton, Wash.
Waynesburg and Washington RR.,

A. M. Kline, Wayuesburjr, Pa.
Western Counties Ry.,

J. Woodburn, Mast. Machy., Yarmouth, X. S.
Western Maryland RR.,

David Holtz, Mast. Mach., Union Bridge, Md.
Western Maryland RR. (B. & H. RR.),

H. S. Reiley, Hanover, Pa.
Western Xew York and Pennsylvania RR.,

A. Vail, Mast. Mach., Buffalo, X. Y.

C. E. Turner, Div. M. M.. Olean, X. Y.

C. H. Newman, Div. M. M., Oil City, Pa.
Western Ry. of Alabama,

J. E. Worswick. Montgomery, Ala.
Western Ry. of Florida, [Fla.

J. A. Osteen, Mast, of Mach., Green Grove Springs,
West Jersey RR.,

Theo. X. Ely. Gen. Supt. Mo. P., Altoona, Pa.

H. S. Hay ward, Supt. Mo. P., Jersey City, X. J.
West Shore RR..

Wm. Buchanan. Supt. Mot. Pow.. Xew York, X. Y

P. E. Garrison, Buffalo, X. Y.

John Howard, Xew Durham, X. Y.
West Virginia Central and Pittsburgh RR.,

E. W. Lippincott, Piedmont, W. Va.
Wheeling and Lake Erie Ry.,

0. P. Dunbar, Gen. M. M., Norwalk, O.
White and Black River Valley Ry..

Thos. Eldridge, Mast. Mach., Brinkley, Ark.
Wichita and Western RR.,

E. I. Bannim, Wichita, Kan.
Wilkesbarre and Western RR..

J. I. Higbee, Mast, of Const., Watsontown, Pa.
Williamsport and North Branch RR.,

G. Woodley, Hughesville, Pa.
Wilmington and Northern RR.,

Geo. Rommel, Wilmington. Del.
Wilmington and Weldon RR.. and
Wilmington, Columbia and Augusta RR.,

John Bissett. Mast, of Mach., Wilmington, N. C.
Windsor and Annapolis Ry..

Wm. Yould, Mast. Mach., Kentville. X. S.
Winifrede RR.,

1. I. Layder, Winifrede. W. Va.
Winona and Southwestern Ry..

A. R. Quinby, Winona, Minn.
Wisconsin Central Line.

Jas. McXaughton, Supt. Mot.Pow.,Waukesha,Wie.
WTrightsville and Tennille RR.,

B. T. Cole. Tennille. Ga.
Youghiogheny RR.,

John Bricker, Irwin's, Pa.
Zanesville and Ohio River Ry.,

I. W. Jerome, Mast. Mach., Zanesville, Ohio.
Zealand Valley RR.,

Wm. McCbsh, Mast. Mach., Zealand. X. H.

162

RAILROAD AND CAR MACHINERY.

Heavy 4-Side Sill Planer and Matcher.

Double CnlTersal Wood Worker.

Heavy Wood-Working Machinery

OF ALL KINDS FOR

RAILROAD AND CAR SHOPS.

The Bentel & J

Margedant Co.

HAMILTON, OHIO.

Heavy Smoothing and Finishing Planer.

dnirersal Gaining Machine.

THE HUYETT & SMITH MFG. CO.

DETROIT, MICH.,

BOSTON.
CHICAGO.
NEW YORK.

HEADQUARTERS FOR

Fans, Blowers, Heaters, Dryers,

AND ALL KINDS OF PNEUMATIC MACHINERY.

THIS IS THE APPARATUS THAT
HEATS AND VENTILATES THE

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1,560,000 cubic feet.

The J. L. Hudson Building,

Detroit, Mich.
2,000,000 cubic feet.

The Shopsof the Chicago& Grand Trunk

Ry, (H. Roberts, Mech. Supt.,

Detroit, Mich.,) Fort

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894,000 cubic feet.

And hundreds of others, all heated
with exhaust steam.

FOR PARTICULARS ADDRESS,

The HUYETT & SMITH MFG. CO., Detroit, Mich.

3.— MASTER CAR BUILDERS.

SPECIAL LIST OF MASTER CAR BUILDERS OF ALL RAILROADS GIVEX ix
LIST OF OFFICIALS, PRECEDING.

Abbeville and Waycross RR.,

Paul Hair. M. V. R., Abbeville, Ga.
Allegheny Valley RR..

John Cowan. Verona. Pa.
Alliance and Northern RR.,

C. P. Finch. M. C. R., Alliance, O.
Arizona and New Mexico RR.,

Jas. Cromb, For. C. R., Clifton. Ariz.
Arkansas Midland,

Richard Allen, For. R. S., Helena, Ark.
A^iland Coal and Iron Ry.,

Thomas Ryan, For. C. R.. Ashland. Ky.
Archison, Topeka and Santa Fe RR.,

John Hodge, Topeka. Kan.
Atlantic and Danville RR..

B. Pierce. M. C. R., Portsmouth. Va.
Atlantic and North Carolina RR.,

J. B. Taylor, Newbern. N. C.
Atlantic Coast Line (W. & W. RR.),

J. H. Davis. Wilmington, N. C.
Atlantic Coast Line (W. C. & A. RR.).

W. H. Day, Florence. S. C.
Augusta, Gibson and Sandersville RR.,

F. W. Reaney, M. C. R.. Augusta, Ga.
Baltimore and Eastern Shore RR.,

F. Strattner. M. C. R., Salisbury, Md.
Baltimore and Ohio RR. (East of Ohio Riv.),

E. W. Grieves, Baltimore, Md.
Baltimore and Ohio Southwestern RR..

T. G. Duncan, Supt. Car Dep., Zaleski. O.
Baltimore and Potomac RR..

R. F. Downs, For. Car. Shop, Washington, D. C.
Bangor and Piscataquis RR..

J. W. Coming, M. C. R., Oldtown. Me.
Bangor and Portland RR..

O. Schmidt, M. C. R., Bangor, Pa.
Barre RR.,

Wilder Sowler, M. C. R., Barre, Vt.
Beech Creek RR..

A. L. Dravenetadt. Jersey Shore, Pa.
Belt Ry. of Chicago,

P. H. Peck. M. C. R.. Chicago. 111.
Bennington and Rutland Ry..

Cnae. J. McMaster. M . C. R., Rutland, Vt.
Birmingham and Atlantic RR..

J. J. Thomas, For. Rep., Talladega, Ala.
Bloomsburg and Sullivan RR..

F. M. Leader, Gen. Man., Bloomsburg, Pa.
Bodie and Benton Rv. and Commercial Co.,

J. H. Wymon. M. C. R., Bodie. Cal.
Boston and Albany RR.,

F. D. Adams. Allston. Mass.
Boston and Maine RR..

J. T. Chamberlain, Lawrence, Mass.
Boston, Revere Beach and Lynn RR.,
Boston, Winthrop and Shore RR.,

John Coghlan, E. Boston, Mass. *
Bradford, Bordell and Kinzua RR.,

C. Greenough, M. C. R., Bradford, Pa.
Bristol Belt Line Ry.,

John A. Ferg, M. C. R.. Bristol. Tenn.
Brockville, Westport and Sault Ste. Marie Ry..

Hugh Wilkinson. M. C. R., Brockville. Ont.
Brooklyn Elevated RR .

O. Fairhurst. M. C. R., Brooklyn. N. Y.
Brunswick and Western RR.,

E. J. Harvey, For C. R., Brunswick. Ga.
Buffalo, Rochester and Pittsburgh Ry..

Geo. C. Payne, M. C. R.. Buffalo" N. Y.
Buffalo Run, Bellefonte and Bald Eagle RR.,

D. C. Stone, M. C. R.. Bellefonte, Pa.
Burlington, Cedar Rapids and Northern Ry.,

R. W. Bushnell, Cedar Rapids, la.

Burlington and Missouri River RR.,

F. II. Steimker, Gen. For. C. R.. Plattsmouth. Neb.

Robt. Balance. Gen. For. C. R., Denver. Col.

Wash. Smith, For. Coach Rep.,,Plattsmouthr Neb.
Cadillac and Northeastern RR.,

J. Chamberlin, M. C. R.. Cadillac, Mich.
Calumet and Bine Island Ry..

Scott Bridges. M. C. R", South Chicago, 111.
Canada Eastern Rv.,

John Mabee. M. C. R., Gibson. N. B.
Canadian Gpvernment Ry..

Henry Coffin. Charlottetown, P. E. I.
Canadian Pacific Ry..
•| J. Higginson. Montreal. Qne.
. Cape Fear and Yadkin Valley Ry..

J. R. Ledbetter. M. C. R.. Fayetteville, N. C.
Cape Girardeau Southwestern Ry..

F. Glover, Cape Girardeau, Mo.
Caraquet Ry.,

John Rennie. M. C. R., Bathurst, N. B.
Carillon and Grenville RR.,

A. Boileau. M. C. R.. Carillon. Qne.
Carolina, Knoxville and Western RR..

John McCann, Jr., M. C. R., Greenville, S. C.
Carson and Colorado RR.,

6. A. Brulin. Carson. Nev.
Catskill Mountain RR..

John L. Driscoll. M. C. R., Catskill. N. Y.
Central New England & Western RR.,

C. H. Keen, M. C. R., Hartford. Conn.
Central Ontario RR.,

Dan'l Duff, M. C. R., Toronto, Ont.
Central RR. and Banking Co. of Georsria,

C. E. Inman, F. C. R., Savannah, ^Ga.
M. A. Goodyear. F. C. R., Macon. Ga.
J. J. Gribble, F. C. R., Augusta, Ga.
Jas. Smith, F. C. R., Columbus. Ga.

Central Texas and Northwestern RR..

James McGee. M. C. R.. Houston. Tex.
Central Vermont RR..

H. Canham. St. Albans, Vt.
Charleston and Savannah Ry.,

G. M. D. Riley, M. C. R., Savannah, Ga.
Chattanooga and Lookout Mtn. Ry..

I. W. Balcom, Chattanooga, Tenn.
Chesapeake and Ohio Ry..

H. C. Bossinser. Gen. For. Car Dept.. Huntington.
W. Va.

W. H. Anthony. Gen. For. Car Dep.. Richmond. Va.
Chicago and Alton RR..

J. Townsend. Bloomington. 111.
Chicago and Eastern Illinois RR..
Chicago and Indiana Coal Ry..

W. T. Brooks. F. C. R.. Danville. 111.
Chicago and Grand Trunk RR..

W. Wanless. For. C. R.. Ft. Gratiot. Mich.
Chicago and Northwestern Ry..

Chas. A. Schroyer. Supt. Car Dep.. Chicago. 111.
Chicago and Southeastern Ry. (111.).

Henry Pickford, Gen. For., Chicago. 111.
Chicago and West Michigan Rv..

D. McKinley. For. C.'R.. Muskegon, Mich.
Chicago, Burlington and Kansas City RR.,

Geo. H. Ross, Supt. of Cars. Chicago. 111.
Chicago. Burlington and Northern RR .

Geo. H. Ross, Supt. of Cars. Chicago. 111.
Chicago. Burlington and Quincy RR..

Geo. H. Ross, Supt. of Cars. Chicago, III.

E. U. Benedict. For. C. R.. Aurora. 111.
H. Hines. For. C. R.. Beardstown. 111.
J. T. Bassett. For. C. R.. Galesburg. 111.

B. C. Pennington, For. C. R.. Burlington. la.
H. Detering, For. C. R., Creston, la.

164

Dimension
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Saws,

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CINCINNATI, OHIO, U. S. A.

Originators and Builders of the Largest Line of Late Improved

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POOR S DIRECTORY — MASTER CAR BUILDERS.

165

F. II Steiniker. For. C. H.. Platt-hunr. Neb
\Va-h. Smith. For. Coach R.. P!art>i)iirtr. Xeb.

_-o. Fairchild and Fan Claire River RR.,
.1. K. Knute. Fairchild.
Chicairo. Milwaukee and St. Paul R.,
W. O. navies. Chicago. 111.
P. Renier. Dnbuque. la
F A. Wi-scott, Minneapolis. Minn.

E. L. Muncell. Chillicothe. Mo.

F. L. Longfellow. Marion. la.
Chicago, Rock Island and Pacific Ry..

B. K. Verbryck. Chicago. 111.
Chicago, St. Paul and Kansas City Ry..

V Hay,-. For. C. R.. South Park. Minn.
Chicago. St.. Paul. Minneapolis and Omaha Ry..

H. L. Preston. Hudson. Wis.
Cincinnati and Wertwood RR.,

T. J. Pavey, Cheviot, O.
Cincinnati. Georgetown and Portsmouth RR..

.1. C. McQniston, M. C. R.. Cincinnati. O.
Cincinnati. Hamilton and Dayton RR.,

W. H. H. Allison. M. C. R.. Cincinnati. O.
Cincinnati. Jackson and Mackinaw RR..

F. \V. Deibert. M. C. R.. Marshall, Mich.
Cincinnati. Lebanon and Northern Ry..

F. E. Voight. M. C. R.. Cincinnati. O.
Cincinnati. Portsmouth and Virginia RR..

C. F. Mus'selman. Mast. Car Rep.. Portsmouth, O.
City and Suburban Ry..

Jas. C. Thompson. M. C. R.. Savannah, Ga.
Cleveland. Akron and Columbus Ry..

R. G. Sharpe. Columbia. < >.
Cleveland. Canton and Southern RR..

John Bean. M. C. R.. Canton, O.
Cleveland. Lorain and Wheeling RR.,

Geo. Butts. Lorain, O.
t and Lake RR.,

J. Xickerson. M. C. R., Colusa. Cal.
Concord and Montreal RR..

P. Flanders, For. C. R., Concord, X. H.
Connecticut River RR.,

Robert Hitchcock, For. C. R., Springfield. Mass.
Crown Point Iron Company's RR..

C. W. Sanders, Crown Point, X. Y.
Cumberland Valley RR.,

Casper Wicke. M. C. R., Chambersburg. Pa.
Danville and Western RR..

W. T. Whittaker. M. C. R.. Danville, Va.
Delaware andHudson Canal Co..

T. Orchard. Carbondale, Pa.

J. R. Skinner. For. C. R.. Oneonta. X. Y.

C. Korner, For. C. R.. Green Island. X. Y.
James Ostrom. For. C. R.. Albany. X. Y.

Delaware. Lackawanna and Western RR.,

R. McKenna, Scranton. P;i.

J. W. Baker. M. C. R.. Dover. X. J.
Delaware River RR.,

Jno. B. Gilbert. M. C. R.. Penns Grove. Pa.
Detroit, Lansing and Xorthern RR..

Frank L. Fox. For. C. R., Ionia. Mich.
Diamond Valley RR..

O. Gibson. M. C. R.. Huntingdon. Pa.
City. Montezuma and Trinidad Ry..

E. P. Sheerer. M. C. R.. Des Koines, la.
Duluth. South Shore and Atlantic Ry..

D. C. Mulvihill, Marquette, Mich.
Ean and West RR. of Alabama.

B. F. Lowther. M. C. R.. Cedartown. Ga.
East Broad Top RR..

A. W. Greenwood, M. C. R.,Rockhill Furnace. Pa.
East Louisiana RR.. •

Ja". B. Elwell. M. C. R.. Xew Orleans. La.
St. Louis and Carondelet Ry..

F. Ansevme. For. C. R.. £. St. Louis. 111.

Louis Connecting Ry..
Arthur Merrill. M. C. R..'East St. Louis, 111.

nnessee. Virginia and Georgia Ry..
Jos. Bossinger. Knoxville, Tenn.

L Sexton. Solma. Ala.

A. Corinth, Atlanta. Ga.

R. T. Hayes, Memphis. Tenn.
Erie and Wyoming Valley RR..

Mark C. Simpson. Dunmore. Pa.
Eureka and Palisade RR..

B. Jackson. Palisade. Xev.
Evansville and Terre Haute RR.,

J. F. Scott, Evansville. Ind.
Fall Brook Coal Co.'s I;

C. J. Butler. Corning. X. Y.

Farmville and Powhatan RR..

D. R. Jennings, M. C. R., Chester, Va.
Ferro Monte RR.,

Geo. W. Bonnell, Mine Hill. N. -I.
Fitchburg RR..

J. W. Marden, Snpt. Car Dept., B< •-
Flint and Pere Marquette RR..

J. R. Reniff, East Saginaw. Mich.
Fonda, Johnstown and Gloversville RR.,

i .. V. Putnam, Gloversville, X. V.
Fort Worth and Denver City Ry..

E. W. Hayes. Mast. CarRep.. Ft. Worth. Tex.
Franklin and Megantic RR.,

W. S. Heath. M. C. R.. Salem. Me.
Fremont. Elkhorn and Missouri Valley RR..
W. H. Ramseyer, Missouri Valley. la.
J. J. Daly, For. C. R.. Fremont. Xeb.
C. J. Chapman. For. C. R.. Norfolk. Xeb.

C. C. McPherson. For. C. R.. Long Pine. Xeb.
G. L. Harner. For. C. R., Chadron. Xeb.

W. M. McKenzie. For. C. R., Superior, Xeb.

Joshua C. Crawford. Sioux City. la.
George's Creek and Cumberland RR..

Thos. McCann, Cumberland. Md.
Georgia RR..

El wood S. Scheetz, Augusta. Ga.
Gettysburg and Harrisburg RR..

John Faller, For. C. R., Carlisle. Pa.
Grand Tower and Cape Girardeau RR.,

J. W. Lewis. M. C. R., Murphysboro. 111.
Grand Trunk Rv..

W. McWooci, Car. Dept., Montreal. Que.
Great Eastern Ry.,

J. F. Armstrong. Montreal. Can.
Great Falls and Canada Rv..

T. McXabb, M. C. B., Lethbridge. Alberta.
Great Xorthern Ry.

S. Oakley. Gen. Car For.. St. Paul. Minn.
Great Salt Lake and Hot Springs Ry.

D. Bnrnfield. Mast. Car Rep., Salt Lake City. Utah.
Green Bay, Winona and St. Paul RR..

A. Fenwick, M. C. R.. Green Bay, Wis.
i Hancock and Calumet RR..

Cbas. Angie, Hancock. Mich.
Hannibal and St. Joseph RR..

Geo. M. Shryock. For. C. R.. Hannibal. Mo.
Hannibal and St" Joseph RR. (K. C., St. J. & C. B. RR.),

T. Aylesbury. St. Joseph. Mo.
Harriman Coal and Iron RR..

Geo. H. Dnthrie, Supt. Car Rep., Harriman. Tenn.
Honsatonic RR..

John J. Ferris. Falls Village. Conn.
Houston and Shreveport Ry..

E. A. Campbell, Mast. Car Rep.. Houston. Tex.
I Houston and Texas Central Ry.,

J. McGee. Houston. Tex.
Houston. East and West Texas Ry..

E. A. Campbell. Houston. Tex.
Illinois Central System.

W. B. Snow, "Mast. Mech. Car Wks.. Chicago. 111.
Intercolonial Ry..

D. White, For. Car Rep.. Moncton. X. B.
International and Great Xorthern RR..

W. P. Siddons, Supt. Car Dept., Palestine. Tex.
Iowa Central Ry.,

E. E. Carver. Marshalltowu, la.
Jacksonville and Atlantic Ry..

J. E. Ciark. For. C. R., Jacksonville. Fla.
Jacksonville. St. Augustine and Halifax Riv. RR..

E. T. silvin?. Ma<t. Car Rep.. St. Augustine. Fla.
Joliet and Blue 'Island Ry. .

J. H. Walker. For. C". R., Joliet, 111.
Jones Mountain RR..

Jos. Garrity. M. C. R., Jonesburg. X. Y.
Kaaterskill RR..

J. H. Decker, Ron don t. X. Y.
Kanona and Pratt sburg RR..

Geo. Thomas. M. C. R.. Wheeler, X. Y.
Kansas City and Southern RR..

W. E. Reeve. M. C. R.. Coburs. Mo.
Kansas City. Ft. Scott and Memphis RR..
Kansas City. Clinton and Springfield Ry.. and
Current River RR..

A. X. Monteer, Springfield, Mo.
Kansas City. Osceola and Southern Ry..

W. E. Reeves. Coburg, Mo.
Kansas City. St. Joseph and Council Bluffs RR.,

Thomas Aylesbury. For. C. R.. St. Joseph, Mo.

166

POOR S DIRECTORY — MASTER CAR BUILDERS.

Kent Northern Ry.,

E. Amireau, M. C. R., Richibucto, N. B.
Keokuk and Western RR.,

A. W. Nickell, F. C. R., Centreville, la.
Kinirs County Elevated RR.,

W. C. Sheppard, M. C. R., Brooklyn, N. Y.
Kingston and Pembroke Ry.,

F. Clark, M. C. R., Kingston, Ont.
Lake Champlain and Moriah RR.,

R. C. Smith, Port Henry, N. Y.
Lake Erie and Western Ry.,

W. H. Tompkins, Lima, O.
Lake Shore and Michigan Southern Ry.,

John Kirby, Gen.M. C. B., Cleveland, O.
Lake Shore and Michigan Southern Ry. (Eastern Div.),

A. C. Robson, Buffalo, N. Y.

Geo. N. Dow, Cleveland, O.
Lake Shore and Michigan Southern Ry. (Toledo Div.),

J. R. Reniff, Norwalk, O.
Lake Shore and Michigan Southern Ry. (Mich. Div.},

F. O. Bray, Adrian, Mich.

Lake Shore and Michigan Southern Ry. (Western Div.),

T. Fildes, Englewood, 111.
Lake Tahoe RR.,

Jno. Trexall, For. C. R., Glenbrook, Nev.
Lebanon Springs RR.,

Geo. Tefft, M. C. R., Chatham, N. Y.
Lehigh Valley RR.,

John S. Lentz, Supt. Car Dept., Packerton, Pa.
Ligonier Valley RR.,

Geo. Senft, Ligonier, Pa.
Little Rock and Fort Smith Ry.,

Samuel Irvin, St. Louis, Mo.
Little Rock and Memphis RR.,

A. Waldo, M. C. R., Argenta. Ark.
Long Island RR.,

Wm. H. McKaig, Richmond Hill, L. I., N. Y.
Los Angeles Terminal Ry.,

C. Shanks, Los Angeles, Cal.
Louisville and Nashville RR. (L. C. & L. Div.),

R. F. Fowler, For. C. R., Louisville. Ky.
Louisville, Evansville and St. Louis Consolidated RR.,

J. F. Scott, M. C. R., Evansville, Ind.
Louisville, New Albany and Chicago Ry.,

Chas. Coller, New Albany, Ind.
Maine Central RR.,

Ch. Kenison, Waterville, Me.
Manhattan Ry.,

H. A. Webster, M. C. R., New York, N. Y.
Mason City and Fort Dodge RR.,

R. H. Emerson. M. C. R., Fort Dodge, la.
Maxton. Alma and Rowland RR.,

W. W. McGirt, M. C. R., Alma, N. C.
Memphis and Charleston RR.,

W. D. Minton, For. C. R., Memphis. Tenn.
Mexican Central Ry.,

J. H. O'Brien, Mexico City, Mex.
Michigan Central Ry.,

E. D. Bronner, Detroit, Mich.
Middlesborough Belt RR.,

Robt. B. Rail ton, Supt. Rep. Shop. Middlesborough,

Ky.
Milwaukee, Bay View and Chicago RR.,

Wm. J. Donohue, For. C. R., Milwaukee, Wis.
Mineral Range RR.,

Chas. Angie. Hancock, Mich.
Minneapolis and St. Louis Ry.,

John Touge, Minneapolis, Minn.
Minneapolis, St. Paul and Sault Ste. Marie Ry.,

E. A. Williams, M. C. R., Minneapolis, Minn.
Missouri, Kansas and Texas Ry..

R. Walker, Supt. Car Dept., Sedalia, Mo.

John Doyle, M. C. B. Lines in Tex., Denison, Tex.
Missouri Pacific Ry. System,

Frank Reardon, Supt. Car Dept., St. Louis, Mo.
Mobile and Ohio RR..

J. D. Giirganus. Mast. Car Rep., Whistler, Ala.
Monon^ahela River RR.,

Wm. Stanhagen, For. C. R., Watson, W. Va.
MontourRR.,

Jas. Nelson, Imperial, Pa.
Montpelier and Wells River RR.,

C. F. Robinson, Montpelier, Vt.
Nevada County Narrow Gauge RR.,

James McCormick, M. C. R., Grass Valley, Cal.
Newburg, Dut chess and Connecticut RR.,

G. D. Holmes, M. C. R.. Dutchess Jc., N. Y.
New Jersey and New York RR.,

L. B. Van Wagnen, Hillsdale, N. J.

New York and New England RR..

E. M. Humstone, M. C. R., Norwood, Mas<.

Stephen Howland, For. C. R.. Hartford, Conn.

S. D. Billings, For. C. R., Norwich. Conn.
New York and Rockaway Beach Ry.,

W. H. McKay, Morris Park, L. L. N. Y.
New York Central and Hudson River RR..

L. Packard, West Albany, N. Y.

P. Smith, East Rochester, N. Y.

E. Chamberlain. East Buffalo, N. Y.
New York, Lake Erie and Western RR..

Robert Gunn, For. C. R., Buffalo, N. Y.

G. A. Chapin, For. C. R.. Kent, O.
New York, New Haven and Hartford RR.,

James Denver, New Haven, Conn.
New York, Providence and Boston RR.,

W. E. Mitchell, C. S. Agt., Providence, R. I.
Niagara Central RR.,

"Win. H. Pay, M. C. R., St. Catharines, Ont.
Norfolk and Carolina RR.,

J. S. Whitworth, M. C. R., Norfolk, Va.
Norfolk and Ocean View Narrow Gauge RR.,

M. D. Colonna, M. C. R., Norfolk. Va.
Norfolk and Western RR.,

L. P. Ligon, For., Radford, Va.

E. F. Hurt, Bristol, Tenn.
Northern Adirondack RR.,

S. A. Day, Gen. Car Agt., Santa Clara, N. Y.
Northern Central Ry.,

G. W. Demareet, Baltimore, Md.
Northern Pacific RR.,

J. C. Barber, St. Paul, Minn.
North Pacific Coast RR.,

H. Barth, For. C. R., Sausalito, Cal.
Ohio and Big Sandy RR.,

J. P. Burleigh, Ashland, Ky.
Ohio and Mississippi Ry.,

F. A. Slater, Gen. For. Car Shop, Washington, Ind.
Ohio Southern Ry.,

W. Madison, M. C. R., Springfield, O.
Ohio Valley Ry.,

Wm. Halpin, DeKoven, Ky.
Old Colony RR.,

Wm. G. Ames, For. C. R., Boston.

Grafton Upton, For. C. R., Boston,

Chas. Bannister, For. C. R.. Boston. Mass.

L. L. Danforth, For. C. R., Taunton, Mu».
Owensboro, Falls of Rough and Green River RR.,

Bruce Trabue, M. C. R., Owensboro, Ky.
Pacific Coast Ry.,

Jos. Lird, For. C. R., San Luis Obispo, Cal.
Pennsylvania and Northwestern RR.,

A. Zimmerman, Bellwood, Pa.
Pennsylvania Company,

G. E. Geis, F. C. R., Allegheny, Pa.

J. A. Graham, F. C. R., Fort Wayne, Ind.

A. Fisher, F. C. R., Wellsville, O.

T. B. Hunt, F. C. R., Chicago, 111.

A. Steinbrenner, F. C. R., Cleveland. O.

Xavier Wolf, F. C. R., Erie, Pa.

Jos. Rischman, F. C. R., Toledo, O.

John Harkenrider, F. C. R., Crenline, O.
Pennsylvania Company (Pitts. Div.),

John Commerford, G. F. Car Shops. Columbus, O.

J. B. Swann, Gen. For. Car Shops, Dennison, O.
Pennsylvania Company (Indianapolis Div.),

E. A. Austin, G. F. Car Shops, Indianapolis. Ind.
Pennsylvania Company (Chicago Div.).

C. H. Starr. G. F. Car Shops, Logansport, Ind.
Pennsylvania RR.,

I. W. Van Houghton, Gen. For. C. S., W. Philadel-
phia, Pa.

S. W. Myers, Gen. For. C. S.. Harrisburg, Pa.
John P. Levan, Gen. For. C. S., Altoona, Pa.
J. G. Stewart. Gen. For. C. S.. Wall, Pa.
M. H. Fails, Gen. For. C. S., Blairsville, Pa.
Chas. M. Royce, Gen. For., Phillipston, Pa.
Wm. Lininger, Ormsby, Pa.
Pennsylvania RR. (U. RR's of N. J. Div.t.

D. H. Baker, Gen. For. C. S., Jersey ( ity, N. J.
P. S. Bogart, Gen. For. C. S., So. Amboy, N. J.

Pennsylvania RR. (Phila. and Erie RR. Div.).

David Covvley, Gen. For. C. S., Erie. I'a.
Pensacola and Perdido RR..

G. L. Napier, Ma-t. C. R., Pensacola, Fla.
Peoria and Pekin Union Ry..

J. G. Evans, For. C. R., Peoria, 111.
Petersburg RR.,

W. J. Acree, Petersburg. Va.

POOR'S DIRECTORY — MASTER CAR BUILDERS.

167

• •Ipiiiujiml Erie RR..

i ( owley, (ifii. For. c. S., Erie. Pa.
Philadelphia and Reading RR.,

•John II. Haukin. Reading. Pa.
Philadelphia, Wilmington and Baltimore RH.,

\V. H. Lungren, Gen. For. C. S., Wilmington, Del.
Pittsburgh and Castle Shannon RR.,

K. A. A. 1'atterson, Pittsburgh, Pa.
Pittsburgh and Lake Erie RR..

I.. H. Turner. Pittsburgh, Pa.

l'. L. Reddintr, For. C. R., Chartiers. Pa.

G. F. Xaylor, For. C. R.. Chartiers, Pa.

W. H. Tallman, For. C. R.. Dickerson Rnn, Pa.

W. H. Klingensmith, For. C. R., Youngstown, O.
Pittsburgh and Western RR..

Thos. Anderson, Allegheny, Pa.
Pittsbargh, Chartiers and Yonghiogheny RR..

W. M. Flahavhan, M. C. R., McKee's Rocks, Pa.
Pittsburgh, Shenanso and Lake Erie RR..

E. Richardson, M. C. R., Shenango, Pa.
Pontiac Pacific Junction Ry.,

<T. W. Pangburn, Aylmer, P. Q.
Portland and Rochester RR.,

E. H. C. Thompson, M. C. R., Portland, Me.
Port Townsend Southern RR.,

C. F. Hobart. Seattle, Wash.
Prince Edward Island Ry.,

Henry Coffin, Charlottetown. P. E. I.
Prospect Park and Coney Island RR.,

Daniel Slater, For. C. R., Brooklyn, N. Y.
Queen & Crescent Route (Gin., X. O. & Tex. Pac. Ry.),

John Richardson. Ludlow. Ky.

Queen and Crescent Route (Vicks., Shreve. & Pac.
RR.l,

Chas. Blank, Monroe, La.
Raleigh and Augusta Air Line,

RT. T. Bishop, Raleigh. N. C.
Richmond and Danville RR.,

J. B. Vaughan, Richmond, Ya.
Richmond, Fredericksburgh and Potomac RR.,

W. H. Trainham, Richmond, Va.
Rio Grande RR..

Chas. Hagsstron. M. C.R., Brownsville, Tex.
Rio Grande Western RR.,

J. B. Dailey, M. C. R., Salt Lake City. Utah.
Saginaw, Tuscola and Huron RR.,

W. L. Kerr. M. C. R., Saginaw, Mich.
Sacrinaw Yalley and St. Louis RR..

W. S. Morris. M. C. R.. Grand Rapids. Mich.
St. Augustine and South Beach Ry.,

Allen Wood. M. C. R.. St. Augustine, Fla.
St. Catharines and Niagara Central Ry..

W. H. Pay. M. C. R.. St. Catharines, Ont.
St. Croix and Penobscot RR.,

H. C. Tinker. M. C. R.. Milltown. Me.
St. Johnsbury and Lake C'hamplain RR..

J. T. Chamberlin. Lawrence. Mass.
St. Louis. Alton and Terre Haute RR..

J. W. Stokes. East St. Louis, 111. •
St. Louis and Hannibal RR.,

Richard F. Whalen. Oakwood Junction, Mo.
St. Louis and San Francisco Rv..

W. M. Kipple. Sprinefield. Mo.
St. Louis Suburban Ry..

L. Poirier, For. C\R., St. Louis. Mo.
San Antonio and Aransas Pass RR.,

E. S. Foote. San Antonio, Tex.
Sandy River RR..

Edward Greenwood. M. C. R.. Phillips. Me.
Savannah, Americas and Montgomery RR..

Wm. Argue. Americus, Ga"
Savannah, Florida and Western Ry..

Geo. M. D. Riley, M. C. R., Savannah. Ga.

E. Geffcken. For. Car Dept., Savannah, Ga.
Schoh'arie Valley Kit..

James Curvi's. Schoharie. X. Y.
Seaboard Air Line.

D. W. Ballantine, Portsmouth, Ya. (Seaboard and
Roanoke RR.i.

R. T Bishop. For. Car Bldrs., Raleigh, X. C. (R.

& A. and R. & G. Air Line),
Sharpsville RR.,

William Lynch. Sharpsville. Pa.
Sinnemahoning Yalley Ry..

- Denton. M. C. R.. Austin, Pa.
Sioux City, O'Xeill & Western Ry..

J. G. Butterfield. M. C. R.. Sioux City. la.

Skaneateles RR.,

Martin Fennel, M. C. R., Skaneateles, X. Y.
Somerset Ry.,

s. p. Mother. M. C. R., Oakland, Me.
South Bound RR..

-I . L. Maliettr. M. C. R.. Savannah, Ga.
South Carolina Ky..

(-. H. Grambling. Charleston, S. C.
Southern California Ky.,

G. W. Prescott, Supt. Car Dept., San Bernardino, Cal.
Southern Pacific Company.

Benjamin Welch. Sacramento, Cal.

W. B. Ludlow. M. C. R.. Oakland, Cal.

Y. Lemay, G. For. Car Shop, Sacramento. Cal.

Phil. Douglass. M. C. R., Sacramento, Cal.

A. Sherburne, M. C. R., Ogden, Utah.

C. E. Donnatin, M. C. R., Los Angeles, Cal.

J. B. Finley. M. C. R.. Tucson, Ariz.

F. X. Bellisle, San Francisco. Cal.

J. Hildebrand, For. Car Shop, Algiers, La. (M. L.
&T. RR.).

J. H. Masterson, G. F. Car Shop, Houston, Tex.
(G. H. &S. A. Ry.).

P. J. McGnire. Gen. For. Car Dept., Algiers, La.

(M. L. &T. RR.).
South Florida RR.,

A. B. Allen. Sanford, Fla.
Spokane Falls and Northern Ry..

C. H. Prescott. M. C. R.. Spokane Falls, Wash.
Temiscouara Ry.,

W. J. Walsh. M. C. R., Riv. du Loup, Que.
Tennessee Central RR.,

C. E. Sampson, M. C. R., Spring City, Tenn.
Tennessee Midland Ry.,

Samuel Steinberger, M. C. R., Memphis, Tenn
Terre Haute and Peoria Ry..

W. G. Van Buskirk, M. C. R.. Paris, 111.
Texas Trunk RR..

Fred. Cordell, M. C. R.. Dallas, Tex.
Toledo and Ohio Central Extension RR.,

Wm. Morse. M. C. R.. Marietta. O.
Toledo and South Haven RR..

Arthur Mentor. F. C. R., Paw Paw. Mich.
Toledo, Ann Arbor and Xorth Michigan Ry..

W. F. Bradley. Supt. Car-. Owosso. Mich.
Toledo. Peoria and Western Ry.,

B. Warren. M. C. R., Peoria, 111.
Ulster and Delaware RR..

A. E. Benson. M. C. R.. Rondout, X. Y.
Union Pacific Ry..

E. Buckingham. Supt. Car Serv.. Omaha. Neb.
Virginia and Truckee RR..

C. A. Brulein. Carson, Xev.
Wabash RR.,

M. M. Martin. Supt. Car Dept., Decatnr, 111.

F. Howard, Div. M. C. B., Toledo, O.
John Lange, Div. M. C. B.. Moberly. Mo.

Washington Southern Ry. (Wash.*.

H. A. Todd. M. C. R'., Shelton. Wash.
Western Maryland RR..

J. H. Xussear. Union Bridge. Md.
Western New York and Pennsylvania RR.,

A. Vail. M. C. R.. Buffalo. X. Y.
Western Ry. of Alabama.

A. Rowland. Montgomery. Ala.
Western Ry. of Florida.

F. B. Hurlbut. M. C. R., Green Cove Springs. Fla.
White and Black River Valley Ry..
, L. F. Hill. M. C. R.. Brinkley, Ark.
Wilmington and Weldon RR..

J. H. Davis. Wilmington, X. C.
Wilmington. Columbia and Augusta RR..

W. H. Day. Florence. S. C.
Wilmington. Onslow and East Carolina RR.,

C. E. Hall. M. C. R.. Wilmington. X. C.
Windsor and Annapolis Ry..

W. Grierson. Kentville. X. B.
Winifrede RR..

W. H. Hannah. Winifrede, W. Va.
Winona and Southwestern Ry..

A. R. Quinby. M. C. R., Winona, Minn.
Wisconsin Central Line.

Wm. C'ormack. Stevens Point, Wis.
Worcester and Shrewsbury RR..

C. A. Cleveland, M. C. R.. Worcester. Mass.
Zealand Valley RR..

J. S. McLaughHn, M. C. R.. Zealand. X. H.

168

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4.— MASTER CAR PAINTERS.

SPECIAL LIST OF MASTER CAR PAINTERS OF ALL RAILROADS GIVEN
LIST OF OFFICIALS, PRECEDING.

Allegheny Valley RR..

John P. Stroud. Verona, Pa.
Atchison, Topeka and Santa Fe RR..

John Hartley, Topeka, Kan.
tic and North Carolina RR.,

E. Berry. Newbern. N. C.
Baltimore and Ohio RR..

A. J. Moriartv. Newark, O.

W.McNabb, 'Garret, Ind.
Boston and Maine RR.,

Chas. E. Copp. Lawrence. Ma*-.

G. H. Worrall. Salem. M

Wm. B. Getchell, East Cambridge. Mass.
Buffalo, Rochester and Pittsburgh RR.,

Wm. J. Orr, Rochester. N. Y.
Burlington. Cedar Rapids and Northern RR..

Win. C. Linter. For. C. P., Cedar Rapids, la.
Calumet and Blue Island Ry..

A. M: Kain, South Chicago. 111.
i Canadian Government Rys..

Chas. Simmons. Charlottetown. P. E. I.
('arson and Colorado RR..

Joseph Castle, Carson, Nev.
Central Branch Union Pacific RR..

W. H. St. Peters. For. C. P. Atchison. Kan.
Central RR. of New Jersey.

W. W. Park. For. C. P., Elizabethport, N. J.

Peter Rndrauff, For. C. P.. Ashley, Pa.
Central RR. and Banking Co. of Ga.,

W. T. Leopold. For. P.. Savannah. Ga.

J. H. Hanlon, For. P., Macon. Ga.
Central Vermont RR..

Chas. A. French. St. Albans, Yt.
Chesapeake and Ohio RR..

Thos. Byrne, Richmond. Va.

J. A. Cohen, Huntington, W. Va.
Chicago and Alton RR.,

J. G. Keil, For. C. P.. Bloomington, 111.
Chicago and Eastern Illinois RR".. and Chicago and
Indiana Coal Ry.,

J. C. Weaver, For. C. P.. Danville. 111.
Chicago and Grand Trunk Ry.,

J. Cuthbertson. For. C. P.. Fort Gratiot. Mich.
Chicago and Southeastern Ry. (111. ).,

A. M. Kain. South Chicago. 111.
Chicago and West Michigan Ky.,

Edward J. Aubrey. Muskegon. Mich.
Chicago, Burlington and Quincy RR.,

J. H. Long, Aurora, 111.

J. D. Hali; Aurora. 111.

F.Johnson. Burlington. la.

L. C. Way, Galesbunr. 111.

C. C. Seeley. Beardstown, 111.

E. Bailey, Hannibal. Mo.

J. K. Lo'wry. Creston. la.
Chicago, Milwaukee and St. Paul RR..

A. Shroeder. West Milwaukee. Wis.
H. Rivers. Milwaukee, Wis.

G. S. West. Minneapolis. Minn.
Chicago, Rock Island and Pacific Ry.,

John Rattenbury. Chicago. 111.
Cleveland, Akron arid Columbus RR.

B. F. Harris. Mt. Vernon, O.
Cleveland, Canton and Southern RR..

John Bean, Canton, O.
Cleveland, Cincinnati, Chicago and St. Louis Ry..

A. J. Bishop, Delaware, O.

Henry Block. Bright wood. Ind.

Henry Wright. Mattoon. 111.
Columbus, Hocking Valley and Toledo Ry.

W. T. Hubbell. Columbus. O.
"Concord and Montreal RR..

Warner Bailey. For. C. P.. Concord, N. H.

Connecticut River RR..

Chas. E. Paige, For. Painters, Springfield. M M
Cumberland Valley RR..

J. W. Houser, Chambers bury. Pa.
Delaware and Hudson Canal Co..

J. B. Lanehart. Green Island. N. Y.
Delaware and Hudson Canal Co. (Penn. Div. >.

Edwin Blocksidge, Carbondale, Pa.
Detroit, Lansing ana Northern RR..

Samuel Cooper. For. C. P., Ionia. Mich.
East Tennessee, Virginia and Georgia Ry..

J. F. Smith, Knoxville, Tenn.
Eureka and Palisade RR..

Seth Ladd, Palisade, Nev.
Fall Brook Coal Co.'s Ry..

Wm. Brady. Corning. N. Y.
Ferro Monte RR.,

Geo. W. Bonnell. Mine Hill. N. J.
Flint and Pere Marquette RR.,

Daniel Herbage, East Saginaw, Mich
Fonda, Johnstown and Gloversville RR.,

G. V. Putnam. Gloversville, N. Y.
Franklin and Megantic RR.,

J. L. Vallier, Strong, Me.
Gettysburg and HarrisburghRR..

P. Filler. Carlisle, Pa.
Grand Tower and Cape Girardeau RR..

J. W. Lewis, Murphysboro, 111.
Hannibal and St. Joseph RR.,

E. Bailey. For. C. P.. Hannibal. Mo.

Hannibal and St. Joseph RR. (K. C., St . J. & C. B.RR.).

C. F. Harrall, For. C. P., St. Joseph. Mo.
Iowa Central Ry..

A. W. Dickson, Marshalltown. la.
Jacksonville. Tampa and Key West RR.,

S. T. House. Palatka, Fla.
Joliet and Blue Island Ry..

A. M. Kain, So. Chicago, 111.
Kansas City, Ft. Scott and Memphis RR..

F. Crocker. Kansas City. Mo.
Kansas City, Osceola and Southern Ry.

W. E. Reeves. Cobnrg. Mo.
Kansas City, St. Joseph and Council Bluffs RR.,

C. F. Harrall, For. C. P., St. Joseph. Mo.
Keokuk and Western RR..

Cha-s. Wright, For. C. P., Centreville, Iowa.
Kings County Elevated RR.,

J. L. Hazard, Brooklyn. N. Y.
Kingston and Pembroke Ry..

P. Driscoll. Kingston. Ont.
Lake Erie and Western Ry..

Geo. Paullis, For. C. P.. Lima. O.
Lehigh and Hudson River RR..

S. B. Owens, Warwick. N. Y.
Little Rock and Memphis RR.,

F. Mattice. Areenta. Ark.
Louisville and Nashville RR..

Joseph Murphy. For. C. P.. Louisville, Ky.
Maine Central RR*.

H. Hartshorn, Watervillr. M
Memphis and Charleston RR..

R. T. Hayes. Memphis. Tcnn.
Michigan Central RR..

Wm. Disstin. M. C. P.. Detroit. Mich.
Milwaukee and Northern RR.,

John E. Fulton. For. C. P.. Fort Howard. Wis.
Milwaukee, Lake Shore and Western Ry.,

F. Laughren, For. C. P. South Kaukauna. Wi«.
Minneapolis and St. Louis Ry..

James Mersen. Minneapolis. Minn.
Missouri Pacific Ry..

J. W. Bland. For. C. P.. St. Louis: Mo.

170

POOR'S DIRECTORY— MASTER CAR PAINTERS.

Nashville, Chattanooga and St. Louis Ry.,

F. Fields, Nashville, Tenn.
Newburgh, Dutchess and Connecticut RR.,

G. D. Holmes, Dutches? Jc., N. Y.
New Jersey and New York RR.,

J. D. Mitchell, Spring Valley, N. Y.
New York and New England RR..

E. M. Humstone, Norwood, Mass.
New York, Stisqnehanna and Western RR.,

Samuel Westervelt, Wortendyke, N. J.
Norfolk and Carolina RR.,

J. S. Whitworth, Norfolk, Va.
Northern Central Ry.,

Eugene Laing, For. C. P., Elmira, N. Y.

Adam A. Nicholl, For. C. P., Baltimore, Md.
Old Colony RR.,

Samuel Brown, For. C. P., Boston, Mass.

C. M. Lang, For. C. P., Taunton, Mass.
Pennsylvania Co.,

D. Smith, For. C. P., Wellsville, O.
,A. J. Culbertson, For. C. P., Erie, Pa.

Wm. Jones, For. C. P., Crestline, O.
J. J. Josenhaus, For. C. P., Allegheny, Pa.
T. J. Rodabaugh, Fort Wayne, Ind.
Pennsylvania Co. (Pitts Div.),
H. M. Billings, Columbus, O.

A. Linch, Dennison, O.

Pennsylvania Company (Indianapolis Division),
John T. Laufersiek, F. C. P., Indianapolis, Ind.

Pennsylvania Company (Chicago Division),
John Sheerjn, F. C. P., Logansport, Ind.

Pennsylvania RR.,

E. P. McCullen, For. C. P., West Philadelphia,
Pa.

Cyrus Weeks, For. C. P., Harrisburg, Pa.
W. T. Canan, For. C. P., Tyrone, Pa.
Fred. S. Ball, For. C. P., Altoona, Pa.

B. F. Wynn, For. C. P., Blairsville, Pa.
John Eyman, For. C. P., Torrens, Pa.
Jacob Hoesley, For. C. P., Meadows, N. J.
Peter A. Duttlinger, For. C. P., Erie. Pa.
A. J. Weidler, For. C. P., Renova, Pa.
Henry Lardler, For. C. P., Sunbury, Pa.

J. H. Kennedy, For. C. P., Lambertville, N. J.
Peoria, Decatur and Evansville Ry.,

J. D. Hill, F. C. P., Mattoon, 111.
Petersburg RR.,

J. R. W. Smith, For. C. P., Petersburg, Ya.
Philadelphia, Wilmington, and Baltimore RR.,

J, Scheller, Wilmington, Del.
Pittsburgh and Lake Erie RR.,

Wm. O. Quest, For. C. P., Chartiers, Pa.
Pittsburgh and Western RR.,

Wm. Stanford, Allegheny, Pa.

Pittsburgh, Shenango and Lake Erie III!.,

E. Richardson, Shenango, Pa.
Portland and Rochester RR.,

J. B. Hudson, For. C. P., Portland, Me.
Port Reading RR.

W. W. Park, For. C. P., Eli/abethport, N. J.
Prince Edward Island Ry.,

Charles Simmons, Charlottetown, P. E. I.
Prospect Park and Coney Island RR.,

James Carney, For. C. P., Brooklyn, N. Y.
Queen and Crescent System,

L. Poliquin, Ludlow. Ky.
Richmond and Danville RR.,

W. T. Ledford, Richmond, Va.
Richmond, Fredericksburg and Potomac RR.,

M. P. Whitehurst, Richmond, Va.
Rockaway Village RR.,

J. E. V. Melick, White House, N. J.
St. Croix and Penobscot RR.,

Chas. Marshal, Calais, Me.
St. Louis and San Francisco Ry.,

Isaac Price, For. C. P., Springfield, Mo.
St. Louis, Iron Mountain and Southern RR..

John Devlin, For. C. P., De Soto, Mo.
Somerset, Ry.,

J. B. Redmond, Oakland, Me.
South Carolina Ry.,

E. A. Loyal, For. C. P., Charleston, S. C.
Southern Pacific Co. (Atlantic System),

A. J.'Jourde, For. C. P., Houston, Tex.

C. W. Smith, Mast. C. P., Algiers, La.

W. C. Fitch, For. Paint Shop, Sacramento. Cal.

I. C. Shaw, For. Paint Shop, Sacramento, Cal.
Southern Pacific Co. (Pacific System),

W. C. Fitch, For. P. S., Sacramento, Cal.
South Florida RR.,

George D. Siday, Sanford, Fla.
Terre Haute and Indianapolis RR.,

C. T. Forristall, For. C. P., Terre Haute, Ind.
Toledo and Ohio Central Ry.,

J. B. Morgan, Bucyrus, O.
Toledo, Columbus and Cincinnati Ry.,

C. J. Cooper, Kenton, O.
Toledo, Peoria and Western Ry.,

J. P. Herndon, Peoria, 111.
Vandalia Line,

C. T. Forristall, For. C. P., Terre Haute, Ind.
Virginia and Truckee RR.,

Jos. Castle, Carson City, Nev.
Western Maryland RR.,

E. W. Leeds, Union Bridge, Md.
Western New York and Pennsylvania RR.,

F. King, For. C. P., Buffalo. N. Y.
J. Johanns, For. C. P., Clean, N. Y.
David James, For. C. P., Oil City, Pa.

171

POOR'S BUREAU

OK

Information and Investigation,

Conducted in connection with and as an adjunct to

Poor's Manual of Railroads,

WILL FURNISH UPON ORDER

Detailed information relative to new or projected Railroads,

Analyses of Railroad and other reports,

Statistics of Steam, Electric, Cable and Horse Railways,

Advance information relative to Railroad reports, etc.; or will make

Full and comprehensive investigations into Railroad mortgages, bonds, leases or
other contracts.

In a word, we propose to furnish information of any character coming within the scope
of this Bureau, but not contained in or within the province of our three annual publica-
tions, viz.:

POOR'S JIAXUAL OF RAILROAD*.

POOR'S HAND-BOOK O\ IXVESTJIEXT SECURITIES,
POOR'S DIRECTORY OF RAILWAY OFFICIALS and
1HAKUAL OF AJIERICAX STREET RAILWAYS.

Subscribers to any of the above-named works may address their inquiries to us, and
a prompt reply will be mailed at a cost based upon the length of time occupied on the work.

Special attention will be given to the preparation of Historical Statements of existing
or defunct corporations ; to investigations into the value of old railroad bonds, and to the
preparation of statistical exhibits designed to show the value of railroad securities. Besides
this, investigations will be made at anytime through official channels into the status of
new projects, and reports made thereon. Proceedings in foreclosure or reorganization will
be carefully followed, and all facts relating to such proceedings noted for reference.

It is believed that the establishment of this Bureau will prove of great benefit to the
subscribers for our annual publications, as it will enable them at a nominal cost to avail of
our unequalled facilities for the collection of news items relative to Railroad Invest-
ments or projects, besides securing the privilege of access to our Library, which contains
all reports and documents issued during the past half century.

Annual subscribers to this Bureau may call for whatever information they desire,
during the period of their subscription. Terms upon application. Address

JOHN P. MEANY, Manager,

70 Wall Street, New York, N. Y.

172

/

M.C. BULLOCK MFG. CO.

CHICAGO, U. S. A.

SPECIALTIES: ROCK DRILLS for Quarries and Mining. DIAMOND POINTED
CORE DRILLS.

Hand Power and Horse Power— for localities inaccessible to larger plants.
Power Drills for Steam or Air. Capacity as desired.

MURPHY CHAMPION VENTILATORS. !

From

feet

These Fans are specially adapted to Coal Mines, and supply a constant current of fresh air
Can be changed instantly from a Blower to Exhauster, and vice versa.

CORLISS AND BALANCED SLIDE VALVE ENGINES,

Hoisting Machinery, Heavy Duty Hoisting Plants, First
Motion Hoists, Exploring Hoists.

Hoists Fitted with Lane's Patent Band Friction— the Best and Safest known.

SPECIFY REQUIREMENTS WHEN WRITING.

5.— PURCHASING AGENTS.

SPECIAL LIST OF PURCHASING AGENTS OF ALL RAILROADS GIVEN" IN LIST OF

OFFICIALS, PRECEDING.

and PennsUvunia RR.,
F. M. Baker, Addiuon, N. V.

Adirondack IJ\ ..

J. White Sprong, Albany, X. Y.
Alabama Midland Ry.,

Bradford Dunham (Gen. Stipt.). Montgomery. Ala.
Allegheny Valley RR..

H. D. Mason, Pittsburgh. Pa.
Annapolis. Washington and Baltimore RR..

Jno. W. Brown, Baltimore, Md.
Arizona and New Mexico RR..

John Shennan (,Pres. & Gen. Stipt.), Clifton, Ariz.
Atchison. Topeka and Santa Fe RR.,

W. G. Taller, Chicago. 111.
Atlanta and Florida RR.,

T. W. Garret (Supt.). Atlanta, Ga.
Atlantic and Danville RR..

C. W. Murdaugh, Jr.. Portsmouth, Va.
Atlantic and North Carolina RR..

F. C. Roberts, Newbern. X. C.
Atlantic and Pacific RR.,

T. R. Gabel (Gen. Supt.), Albuquerque, N. M.
Atlantic City RR.,

Albert Foster, Philadelphia. Pa.
Baltimore and Eastern Shore RR.,

A. V. Benjamin, Salisbury. Md.
Baltimore and Lehigh RR.,

W. R. Crumpton, Baltimore, Md.
Baltimore and Ohio RR..

L. J. Buckley, Baltimore. Md.
Baltimore and Ohio Southwestern RR.,

W. W. Peabody. Cincinnati, O.
Baltimore and Potomac RK.,

Enoch Lewis, Philadelphia, Pa.
Bangor and Portland RR.,

C. Miller, Bangor, Pa.
Barre RR..

F. W. Stanyan, Barre. Vt.
Bath and Hammondsport RR.,

H. S. Stebbins, Hammondsport, X. Y.
Bartlett and Albany RR.,

Geo. E. Raymond, Portland, Me.
Bay of Quinte Ry. and Navigation Co.,

The Raihbun Co., Deseronto, Ont.
Bear Lake and Eastern RR.,

G. W. Hopkins, Bear Lake, Mich.
Beech Creek RR.,

A. G. Palmer. Jersey Shore, Pa.
Bellaire. Zanesville and Cincinnati Ry.,

J. A. Cox, Zanesville, O.
BentonvilleRy.,

F. M. Bates, Bentonville. Ark.
Birmingham. Sheffield and Tennessee River Rv.,

P. Campbell. Sheffield, Ala.
Bloomsburg and Sullivan RR.,

F. M. Leader (Gen. Man.), Bloomsburg, Pa.
Boston and Maine RR.,

J. A. Farrington, Boston, Mass.
Boston, Revere Beach and Lynn RR.,
Boston, Winthrop and Shore BB.,

C. A. Hammond, Boston, Mass.
Bradford, Bordell and Kinzua Ry..

John C. McKenna. Bradford, Pa.
Bridgton and Saco River RR..

M. M. Coswell, Bridgton. Me.
Bi-ockville, Westport and Sault Ste. Marie Ry.,

James Mooney, Brockville, Ont.
Brooklyn Elevated RR.,

O. F. Nichols (Gen. Man.), Brooklyn, N. Y.
Brunswick and Western RR..

Geo. W. Haines, Brunswick, Ga.
Buffalo Creek Transfer RR..

R. H. Williams (Gen. Supt.), Buffalo, N. Y.

Buffalo, Rochester and Pittsburgh RR..

Win. J. Reilly, Rochester, N. V.
Burlington, Cedar Rapids and Northern Ry.,

T. Stickney, Cedar Rapi'
Burlington and Missouri River RR. in Neb.. '

George Hargreaves, Chicago. 111.

Burlington and Northwestern Ry. and Burlington aad
Western RR.,

John T. Gerry, Burlington, la.
Burnside and Cumberland RR..

J. K. Holloway, Cincinnati. O.
Cadillac and Northeastern RR..

J. S. Campbell. Cadillac. Mich.
Calumet and Blue Island Ry..

L. D. Doty, Chicago. 111.
Camden and Atlantic RR..

Enoch Lewis, Philadelphia, Pa.
Canada Atlantic Ry..

E. J. Chamberlin, Ottawa, Ont.
Canada Eastern Ry.,

J. B. Snowball, Chatham, N. B.
Canadian Pacific RR.,

A. C. Henry. Montreal, Que.
Cape Fear and "Cincinnati Ry..

G. B. Morton, Baltimore. Md.
Cape Fear and Yadkin Valley RR.,

J. W. Fry, Greensboro. N. C.
Cape May and SeweJl's Point Ry..

F. F. Hogate, Camden, N. J.
Caraquet Ryi!

T. M. Bums, Bathurst. N. B.
Carillon and Grenville Ry.,

John Halsey, Carillon. Que.
Carolina Central RR.,

J9hn C. Winder, Raleigh, N. C.
Carolina, Knoxville and Western RR.,

A. B. Byrd, Greenville, S. C.
Carson and Colorado RR.,

Hume Yerington, Carson, Nev.
Catasauqua and Fogels\-ille RR..

Albert Foster. Philadelphia, Pa.
Carthage and Adirondack Ry..

G. F. Huggans, Carthage, N. Y.
Catskill Mountain RR.,

Charles A. Beach, Catskill. N. Y".
Centralia and Chester RR.,

J. M. McCutcheon, Sparta. 111.
Central New England and Western RR.

W. J. Cromwell, New York, N. Y.
Central Ontario Ry..

Geo. J. Chadd, Trenton. Ont.
Central RR. of Georgia System,

J. C. Haskell, Savannah, Ga.
Central RR. of New Jersey,

(See Port Heading RR.)
Central Vermont RR.,

D. McKenzie. St. Albans. Vt.
Chateaugay RR.,

A. L. Inman (Gen. Man.), Plattsburg. N. Y.
Chattanooga Southern.

H. P. Eager, Chattanooga, Tenn.
Chesapeake and Ohio Ry.,

W. F. La Bonta. Richmond. Va.
Chicago and Alton RR..

A. V. Hartwell, Chicago. 111.
Chicago and Eastern Illinois RR.. and
Chicago and Indiana Coal Ry..

Robert Spencer, Chicago, 111.
Chicago and Erie Ry..

E. B. Sheffer. New York. N. Y.
Chicago and Grand Trunk Ry..

J. S. Lorimer, Gen. Storekeeper. Detroit, Mich.
Chicago and Kenosha Ry..
L. D. Doty. Chicago". 111.

174

POOR S DIRECTORY — PURCHASING AGENTS.

Chicago and Northern Pacific RR.,

W. G. Pearce, Chicago. 1)1.
Chicago and Northwestern Ry.,

Charles Hayward. Chicago. 111.
Chicago and Ohio River RR..

H. W. Matters, Evansville, Ind.
Chicago and Southeastern Ry. (111.),

L. D. Doty, Chicago. 111.
Chicago and Western Indiana RR..

B. Thomas (Pres.), Chicago, 111.
Chicago and West Michigan Ry.,

Russell Wallace, Grand Rapids. Mich.
Chicago, Burlington and Kansas City RR.,

Geo. Hargreaves, Gen. Pur. Agt., Chicago, 111.
Chicago, BuiTington and Northern RR.,

Geo. Hargreaves, Chicago, 111.
Chicago, Burlington and Quincy RR.,

Geo. Hargreaves, Chicago, 111.
Chicago, Fairchild and Eau Claire River RR.,

C. I. Wickersham, Chicago. 111.
Chicago, Ft. Madison and DesMoines Ry..

E. F. Potter, Fort Madison, la.
Chicago, Kalamazoo and Sagiuaw Ry.,

L. Senreant (Gen. yupt.), Kalamazoo, Mich.
Chicago, Kansas City and Texas Ry..

Wm. E. Hanson,' Kansas City, Mo.
Chicago, Iowa and Dakota Ry.,

W. S. Porter, Eldora, la.
Chicago, Milwaukee and St. Paul Ry.,

Jno. T. Crocker, Chicago, 111.
Chicago, Rock Island and Pacific RR.,

F. A. Marsh, Chicago. 111.
Chicago, St. Paul and Kansas City Ry.,

J. Warwick, St. Paul, Minn.
Chicago, St. Paul, Minneapolis and Omaha Ry.,

W. H. S. Wright, St. Paiil, Minn.
Chippewa River and Menominee Ry. Co.,

Newton Mills, Vernona June.. Wis.
Choctaw Coal and Ry.,

Geo. Minch, St. Louis, Mo.
Cincinnati and Muskingum Valley Ry.,

Wm. Mullins, Pittsburgh, Pa.
Cincinnati and Westwood RR.,

Jas. N. Gamble, Cincinnati, O.
Cincinnati, Georgetown and Portsmouth RR.,

E. W. White, Cincinnati, O.
Cincinnati, Hamilton and Dayton RR.,

C. G. Waldo, Cincinnati, O.
Cincinnati, Jackson and Mackinaw RR.,

F. B. Drake, Toledo, O.
Cincinnati, Lebanon and Northern Ry.,

Geo. Hafer (Pres.), Cincinnati, O.
Clarendon and Pittsford RR.,

E. J. Boyce, Proctor, Vt.
Cleveland, Canton and Southern RR.,

H. A. Kennedy, Canton, O.
Cleveland and Marietta RR.,

C. C. Pickering, Cambridge, O.
Cleveland, Akron and Columbus Ry. (The),

N. Monsarrat, Columbus, O.

Cleveland, Cincinnati, Chicago and St. Louis Ry., and
Dayton and Union RR.,

J. H. Garaghty, Indianapolis, Ind.
Cleveland, Lorain and Wheeling RR.,

F. M. Townsend, Lorain. O.
Columbia and Puget Sound RR.,

H. J. Green, Seattle. Wash.
Columbus, Hocking Valley and Toledo Ry.,

C. C. Waite, Columbus, O.
Colusaand Lake RR.;

E. A. Harrington, Colusa, Cal.
Connecticut River RR.,

H. F. Sampson. Springfield, Mass.
Cooperstown and Charlotte Valley RR.,

D. E. Silver, Cooperstown, N. Y.
Cornwall RR.,

D. S. Hammond, Lebanon, Pa.
Coudersport and Port Alleghany RR.,

B. A. McClure, Coudersport, Pa.
Crawford and Manistee River Ry..

Nicholas Dowen, Fletcher, Mich.
Crescent Springs RR.,

David Joyce, Lyons, la.
Cresson and Clearfield Co. and N. Y. Short Route RR.,

W. P. Rathbun, Cresson, Pa.
Crown Point Iron Co.'s RR.,

H. L. Reed, Crown Point, N. Y.
Crystal Ry.,

J. E. Jones, St. Louis, Mo.

Cumberland and Pennsylvania RR.,

P. L. Burwell, Cumoerland, Mil.
Cumberland Ry. and Coal Co.,

E. Laflamme, Spring Hill. N. S.
Cumberland Valley RRT,

J. F. Boyd, Chambersburg, Pa.
Danville and Western RR.,

<;. K. Gritrgs, Danville, Va.
Dead wood Central RR.,

W. G. Pennypacker, Philadelphia, Pa.
Delaware and Hudson Canal Co. (N. KR. Dept.),

J. W. Sprong, Albany, N. Y.
Delaware and Hudson Canal Co. (Penna. Div.),

C. R. Manville (Supt.), Carbomlale. Pa.
Delaware, Lackawanna and Western Ry.,

W. D. Hager, New York, N. Y.
Delaware River RR.,

E. H. Green, Pedricktown, N. J.
Denison Rapid Transit RR.,

R. J. Derby, Denison, Tex.
Denver and Rio Grande RR..

C. M. Hobbs, Denver, Col.
Des Moines, Northern and Western Ry.,

F. C. Hubbell, Des Moines, la.
Detroit, Bay City and Alpena RR..

J. C. McCaul, Detroit. Mich.
Detroit, Lansing and Northern RR.

Russell Wallace, Grand Rapids, Mich.
Diamond Valley RR.,

W. F. Schwartz, Barre, Pa.
Duluth and Winnipeg RR.,

J. G. Callahan, Duluth, Minn.
Duluth, South Shore and Atlantic Ry.,

P. W. Brown, Marquette, Mich.
Dunkirk, Allegheny Valley and Pittsburgh RR.,

Allan Bourn, New York, N. Y.
Durham and Northern Ry.,

John C. Winder, Raleigh, N. C.
East Broad Top RR.,

J. E. Haverstick. Philadelphia, Pa.,

A. W. Sims., Rockhill Furnace, Pa.
Eastern Kentucky RR.,

H. W. Bates, Greenup, Ky.
Eastern Ry. of Minnesota,

J. C. Morrison, St. Paul, Minn.
East Louisiana RR.,

John Poitevent. New Orleans, La.
East St. Louis Connecting Ry.,

C. H. Sharman. St. Louis, 111.
East Tennessee, Virginia and Georgia Ry.,

Geo. W. Stevens, Cincinnati, O.
Elgin, Joliet and Eastern Ry.,

F. D. Raymond, Chicago, 111.
Elmira, Cortland and Northern RR.,

M. A. Smith, Elmira, N. Y.
Erie and Huron Ry.,

J. J. Ross, Sarnia, Ont.
Erie and Wyoming Valley RR.,

Jno. B. Smith, Dunmore. Pa.
Eureka and Palisade RR.,

B. Gilman, Eureka, Nev.
Eureka Springs Ry.,

C. H. Smith, St. Louis, Mo.
Evansville and Terre Haute RR.

H. W. Matters, Evansville. Ind.
Fall Brook Coal Company (lessee),

W. H. Chaphe, Corning, N. Y.
Farmville and Powhattan RR..

G. M. Wilson, Richmond, Va.
Ferney Mountain RR.,

F. B. Spicer, Tamaqua. Pa.
Findlay, Fort Wayne and Western RR.,

C. H. Roser, Findlay, O.
Fitchburg Railroad,

Geo. J. Fisher, Boston. Mass.
Flint and Pere Marquette RR.,

E. F. Weld, Saginaw, Mich.
Florida Central and Peninsula RR.,

D. E. Maxwell, Jacksonville, Fla.
Florida Midland Ry.,

John H. Dawe (Gen. Man.), Kissimmee, Fla.
Florida Southern RR.,

J. H. Bland, Purch. Clerk, Jacksonville, Fla.
Fonda, Johnstown and Gloversville RR.,

Lawton Caten, Gloversville, N. Y.
Fort Payne and Eastern RR.,

W. P. Rice (Pres.), Fort Payne, Ala.
Fort Worth and Denver City Ry.,

J. D. Moore, Ft. Worth, Tex.

POOR'S DIRECTORY — PURCHASING AGENTS.

175

Fort Worth and Rio Grande Ky ..

Jno. Hornby ,Pres. . Fort Worth, Tex.
Franklin and Megan tic KK..

V. 15. Mead Pros. i. Boston. V
Fremont. Elkhorn and Missouri Valley RR..
sioux City and Pacific KK..

( 'has. Hayward, Chicago, 111.
Gadaden and Attalla Union KK..

M. L. Foster. Gadsd.Mi. Ala.
-ron and Western Ky..

A. M. Shannon (Gen. Han.), Gaiveston, Tex.
< Creek and Cumberland KK .

Millholland. Cumberland. Mil.
Georgia. Carolina and Northern KK..

John C. Winder. Raleigh. N. C.
Georgia Midland and Gulf RR.,

M. K. Gray. Columbus. Ga.
Georgia Railroad..

Jon. W. Green. Augusta. Ga.
•ieorgia Southern and Florida RE.,

•I. Lane. Macon, Ga.
Goodyear. Neilsville and Northern Ry..

c" A. Goodyear. Tomah. Wis.
Grand Rapids and Indiana RR..

W. R. Shelby, Grand Rapids. Mich.
Grand Tower and Cape Girardean.

S. L. Sherer, St. Louis. Mo.
Grand Tower and Carbondale RR.,

S. L. Sherer. St. Louis. Mo.
Great Northern Ry..

J. W. Blabon, St. Paul, Minn.
Great Salt Lake and Hot Springs Ry..

Jas. F. Woodman, Salt Lake City. Utah.
Green Bay. Winona and St. Paul RR.,

s. W." Champion. Green Bay. Wis.
Green Pond, Walterboro and Branchville RR..

J. E. Smith. Charleston, S. C.
Green Ridge RR.,

F. Mertens. Cumberland, Md.
Gulf and Chicago RR.,

C. L. Harris, Ripley, Miss.
Gulf. Colorado and Santa Fe Ry.,

. W. G. Tnller, Chicago. 111.
Hancock and Calumet RR.,

WT. J. Uren. Hancock, Mich.
Hannibal and St. Joseph RR..
Kansas City, St. Joseph and Council Bluffs RR.,

Geo. Hargreaves. Chicago, 111.
Harriman Coal and Iron RR.,

Fred Gates (.Sec.), Harriman, Tenn.
Hecla and Torch Lake RR.,

La Roy S. Gove (Sec.). Calumet. Mich.
Hoosac Tunnel and Wilmington RR.,

J. W. Stiffler, Readsboro, Vt.
Houston and Shreveport Ry.,

M. G. Howe, Houston, Tex.
Houston and Texas Central Ry.,

Chas. Dillingham (Pres.). Houston, Tex.
Houston Belt and Magnolia Park RR..

Seth B. Strong (Gen. Snpt.), Houston, Tex.
Houston, East and West Texas Ry.,

M. G. Howe, Houston. Tex.
Humeston and Shenandoah RR.,

E. C. Murphy. Clarinda, la.
Huntington and Broad Top Mountain RR..

S. B. Knight, Philadelphia, Pa.
Idaho. North and South Ry..

W. J. Hilands, Cleveland, O.
Illinois Central System,

O. Ott, Chicago, 111.
Indianapolis, Decatur and Western RR.,

C. B. McVay, Indianapolis, Ind.
Indianapolis Union Ry..

W. T. Cannon, Indianapolis, Ind.
Indiana and Illinois Southern RR.,

P. H. Blue, Sullivan, Ind.
Indiana, Illinois and Iowa RR.,

T. P. Shonts, Chicago, 111.
International and Greaf Northern RR.,
Gaiveston, Houston and Henderson RR.,

T. M. Campbell, Palestine. Tex.
Iowa Central Ry..

R. A. Dugan, Marshalltown, la.
Iowa Northern Ry.,

D. S. Couch, Colfax, la.
Iron Railway.

C. C. Clarke. Ironton. O.
Irondale, Bancroft and Ottawa Ry.,
Chai*. J. Pusey, Irondale, Ont.

-Jacksonville. Mayport and Pablo Ry. and Nav. Co.,

Bario, Jacksonville. Fia.
Jackxniville Southeastern Line.

1). W. Kider, .Jacksonville, 111.
Jacksonville. Tampa and K»-y W.--' Sv-tem.

Jacksonville, st. Augustine and Balifax River KK..

\\'. L. Crawford. St. Augustine. Fla.
-Jaragua Iron < to. 'I KK < 'aba).

Jo-iah Monror, -JIN B. 4th St., Philadelpl/
Joliet and Blue Island Kv.,

L. D. Doty, Chicago,"!!!.
Jones Mountain KK..

Fred W. .lone-. Jom-O.tirg. N. Y.
Kaaterskill I;

Jas. H. Jones, Rondout. N.'V.
Kanawha and Coal River lili..

A. M. Wooldredge. Spring Hill, W. Va.
Kanawha and Michigan Ry.,

H. A. Cooper. Toledo, O.
Kansas City and Southern KK..

W. E. Gray, Kansa- Cir
Kansas City Belt Ry..

H. P. Jacques. Kansas City. Mo.
Kansas City, Fort Scott and Memphis RR.,
Kansas City, Clinton and Springfield Ry..
Kansas City. Memphis and Birmingham RR..
Current River RR.,

H. P. Jacques, Kansas City, Mo.
Kansas City, Fort Smith and Southern Ry..

P. D. Peters (Supt.». Neosho. Mo.
Kansas City Suburban Belt RR..

E. L. Martin (Pres.>. Kansas City. Mo.
Kansas City. Watkins and Gulf Ry..

J. B. Watkins. Lawrence. Kan., and 2 Wall St..

N. Y. City.
Keeseville, Au Sable Chasm and Lake Champlain RR.".

Chas. M. Hopkins. Keeseville. N. Y.
Kennebec Central RR.,

F. A. Lawton, Gardiner. Me.
Kentucky Midland RR.,

Geo.'B. Harper, Frankfort, Ky.
Kentucky Union RR.,

Chas. Scott, Louisville. Ky.
Keokuk and Western RR.,

A. C. Goodrich. Keokuk. la.
Kinderhook and Hudson Ry..

John V. Clarke (Pres.).'New York. N. Y.
Kings County Elevated RR..

James Jourdan (Pres.). Brooklyn, N. Y.
Kingston and Pembroke Ry.,

I. Whitebread. Kingston. Ont.
Knoxville and Augusta RR..

R. N. Hood. Knoxville. Tenn.
Knoxville, Cumberland Gap and Louisville RR..

H. G. Fraser. Knoxville, Tenn.
Lake County (Forest) RR..

John S. "Woodruff. Ludington. Mich.
Lake Erie and Western Ry..

T. H. Perry, Indianapolis. Ind.
Lake Shore and Michigan Southern Ry.,

C. B. Couch. Cleveland. O.
Lakeside and Marblehead RR..

Caleb E. Gowen, Cleveland, O.
Lebanon Springs RR..

E. D. Bennett, Bennington, Vt..
Lehigh and Hudson River RR.,

Grinnell Burt. Warwick. N. Y.
Lehigh Valley RR.,

W. C. Alderson. Philadelphia, Pa.
Lexington Terminal RR..

W. J. Knox. Lexington. Ga.
Ligonier Valley RR.,

Geo. Senft. Ligonier, Pa.
Little Rock and Fort Smith Rv.,

A. Gould, St. Louis. Mo. "
Little Rock and Memphis RR..

R. Fink iPres.), Memphis, Tenn.
Little Saw Mill Run RR..

C. Schoenemau, Pittsburgh, Pa.
Liverpool Coal Ry.,

C. E. Phelps. Chicago. 111.
Long Island RR..

Geo. L. Hubbell, Long Island Citv. N. Y.
Louisville and Nashville RR.,

P. P. Huston, Louisville, Ky.
Louisville, Evansville and St. Louis Consolidated RR

H. W. Matters, Evansville. Ind.
Louisville, New Albany and Chicago RR.,

Joseph H. Craig, Chicago, 111/

176

POORS DIRECTORY — PURCHASING AGENTS.

Louisville, New Orleans and Texas Ry.,

A. M. Cooke, New Orleans, La.
Louisville, St. Louis and Texas Ry.,

Chas. P. Bush, Louisville, Ky.
Mahoning Valley RR.,

W. J. McMannis, Helvetia, Pa.
Maine Central RR.,

Paysou Tucker, Portland, Me.
Manhattan Railway,

P. K. Hain, New York, N. Y.
Manistee and Grand Rapids RR.,

' E. N. Sailing, Manistee, Mich.
Manistee and Luther RR.,

H. W. Carey, Eastlake, Mich.
Manistee and Northeastern RR.,

O. S. Hawes, Manistee, Mich.
Manitoba and Northwestern Ry.,

W. R. Baker, Portage La Prairie, Man.
Mansfield Ry. and Trans. Co.

M. Ricks (Treas.), Mansfield, Me.
Mancopa and Phoenix RR.,

F. I. Kendall, San Francisco, Cal.
Marietta and North Georgia RR.,

J. B. Glover, Marietta, Ga.
Maryland Central RR.,

C. F. Kerchner, Baltimore, Md.
Mason City and Ft. Dodge RR.,

C. C. Burdick, Mason City, la.
Maxton, Alma and Rowland RR.,

J. B. Wilkinson, Alma, N. C.
Memphis and Charleston RR.,

Geo. W. Stevens, Cincinnati, O.
Mexican Central Ry.,

Theo. Nickerson, Boston, Mas?.
Mexican National RR.,

A. Anderson, Jr., New York, N. Y.
Mexican Northern Ry.,

J. H. Avery, Chicago, 111.
Michigan Central RR.,

J. R. Dutton, Detroit, Mich.
Middle and East Tennessee Central Ry.,

J. C. Rodemer, Gallatin, Term.
Millen and Southern RR.,

J. W. Preston, Millen, Ga.
Milwaukee and Northern RR.,

J. T. Crocker, Chicago, 111.
Milwaukee, Bay View and Chicago RR.,

L. D. Doty, Chicago, 111.
Milwaukee, Lake Shore and Western Ry.,

H. W. Reighley, Milwaukee, Wis.
Milwaukee, Menomonee Falls and Western Ry.,

A. H. Hadfield, Waukesha, Wis.
Mineral Range RR.,

W. J. Uren, Hancock, Mich.
Minneapolis and St. Louis Ry.,

W. B. Palmer, Minneapolis, Minn.
Minneapolis, Lyndale and Minnetonka Ry.,

John H. Beach, Minneapolis, Minn.
Minneapolis, St. Paul and Sault Ste. Marie Ry.

W. T. Watkins, Minneapolis, Minn.
Mississippi River and Bonne Terre Ry.,

Gust. Setz, Bonne Terre, Mo.
Missouri, Kansas and Texas Ry.,

C. N. Stevens, Sedalia, Mo.
Missouri Pacific Ry. System,

Abram Gould, St. Louis, Mo.
Mobile and Ohio RR.,

R. H. Duesberry, Mobile. Ala.
Monongahela Connecting RR.,

B. Page, Pittsburgh, Pa.
Monongahela River RR.,

Hugh G. Bowles, Monongahela, W. Va.
Monson RR.,

W. L. Esterbrook, Monson, Me.
Mont, Alto RR.%

J. F. Boyd, Mont Alto, Pa.
Montana Union Ry.,

Wm. H. Burns (Pres.), Butte, Mont.
Monterey and Mexican Gulf RR ,

N. Y. Ry. Supply Co., Ltd.. New York, N. Y.
Montgomery, Tnscaloosa and Memphis RR.

A. C. Sapartus, New York, N. Y.
Montour RR.,

Wm. Bald (Supt.), Imperial, Pa.
Montpelier and Wells River RR.,

F. W. Morse, Montpelier, Vt.
Mount Jewett, Kinzua and Ritersville RR.,

Thos. M. McClellan (Gen. Supt.), Mt. Jewett. Pa.

Mount Oliver Incline 1,'v..

M. S. Ilolden, PittebtlTg, I'M.
Mount Penn Gravity RR.,

C.M. Dechant, Reading, Pa.
Nantucket RR.,

P. H. Folger, Boston, Mass.
Nashville, Chattanooga and St. Louis Rv.,

J. W. Thomas, Jr., Nashville, Tenn.
Natchez, Red River and Texas RR.,

C. A. Gardner, Vidalia, La.
Nevada County Narrow-Gauge RR.,

J. F. Kidder, Grass Valley, Cal.
Newburgh, Dutchess and Connecticut RR.,
Clove Branch RR..

C. L. Kimball, Matteawan, X. Y.
Newfoundland Ry.,

Thos. Noble, St. John's, N. F.
Newport News and Mississippi Valley Co.,

H. E. Huntingdon, Covlngton, Ky.
New Yoik and Long Branch RR.,

R. Blodgett, Long Branch, N. J.
New York and Massachusetts RR.,

J. A. Perkins, Poughkeepsie, N. Y.
New York and New England RR.,

R. E. Rockwell, Boston, Mass.
New York and Northern RR.,

G. G. Haven, Jr., New York, N. Y.
New York and Rockaway Beach Ry..

G. L. Hubbell, Long Island City, N. Y.
New York and Sea Beach Ry.,

Jas. T. Nelson, New York, N. Y.
New York Central and Hudson River RR.,

Allan Bourn, New York, N. Y.
New York, Chicago and St. Louis RR.,

M. M. Rodgers, Cleveland, O.
New York, Lake Erie and Western RR.,

E. B. Sheffer, New York, N. Y.
New York, New Haven and Hartford RR.,

H. A. Bishop, New Haven, Conn.
New York, Ontario and Western Ry,,
. Chas. A. Draper, New York, N. Y.
New York, Providence and Boston RR.,

J. L. Hay den, New London, Conn.
New York, Susquehanna and Western RR.,

C. T. Demarest, Jersey City, N. J.
Norfolk, Albemarle and Atlantic RR.,

Wm. Evans, Jr.. New York. N. Y
Norfolk and Carolina RR.,

G. M. Serpell, Norfolk, Va.
Norfolk and Western RR.,

W. C. De Armond, Philadelphia, Pa.
Norfolk and Southern RR.,

M. K. King, Norfolk, Va.
Northern Adirondack RR.,

Jno. Kurd, Santa Clara, N. Y.
Northern Central Ry..

E. Lewis, Philadelphia, Pa.
Northern Pacific RR.,

W. G. Pearce, St. Paul, Minn.
North Pacific Coast RR.,

W. F. Russell, San Francisco, Cal.
Ohio and Mississippi Ry.,

John Wells, Act. Pur. Agt, Cincinnati, O.
Ohio Southern Ry.,

Thos. A. Rittenhouse, Springfield, O.
Ohio Valley Ry.,

R. E. Fleming, Evansville, Ind.
Old Colony RR.,

R. W. Husted, Boston, Mass.
Orange Belt Ry.,

A. J. Grant, Supt., Oakland, Fla,
Orchard Beach RR.,

J. A. Farringion, Boston, Mass.
Oregon Pacific RR.,

Wm. M. Hoag, Corvallis, Ore.
Owensboro, Falls of Rough and Green River RR.

J. H. Triplett, Jr., Owensboro. Ky.
Pacific and Great Eastern Ry. ,

Geo. S. Albright, Fayetteville, Ark.
Pacific Coast Ry.,

J. M. Fillmore, San Luis Obispo, Cal.
Panama RR.,

G. Reynaud, New York, N. Y
Pecos Valley Ry.,

H. C. Lowe, Colorado Springs. Col.
Pennsylvania and Northwestern RR.,

Frank S. Lewis, Philadelphia, Pa.
Pennsylvania Company,

Wm. Mullins, Pittsburgh, Pa.

POOR'S DIRECTORY — PURCHASING AGENTS.

177

Pennsylvania RR.,

Enoch Lewis*, Philadelphia, Pa.
Pennsylvania, POOghkeeMM and Boston RR..

Whittk'ld Gibbs. lioshni. N. V.
Pensacola and Andalusia RR..

E. F. Skinner, Escambia, Fla.
Pensacola and Perdido RR.,

II. W. Simmons. Pcnsaeola. Fla.
People's Hy. iuf Pottsvillc),

\V. 1). Pollard. Pottsville. 1';..
Peoriaand Pekin Union Ry.,

M. Mounts, Peorla, 111.
Peoria. Decatur and Evansville Rv.,

H. \V. Matters, Evansville. Inu.
Perkiomen RR..

Howard Boyd, Norristown. Pa.
Perry Count v RR.,

F. K. Holtzinu'er. New Bloomtield, Pa.
Philadelphia and Reading RR.,

Albert Foster. Philadelphia. Pa.
Philadelphia. New town and New York RR..

Howard Boyd, Sec. and Treas., Norristown. Pa.
Philadelphia. Wilmington and Baltimore RR..

Enoch Lewis, Philadelphia, Pa.,
Phillips and Rangeley RR..

Payson Tucker, Portland, Mo.
Pittsburgh and Castle Shannon RR.,

O. A. Rogers. Pittsburgh, Pa.
Pittsburgh and Lake ErieRR.,

R. Evans. Pittsburgh, Pa.
Pittsburgh and Western RR.,

J. V. Patton, Allegheny. Pa.
Pittsburgh, Akron and Western RR.,

C. W. Risley, Akron, O.
Pittsburgh, Marion and Chicago Ry..

N. F. Wood. New Lisbon, O.
Pittsburgh. Shenango and Lake Erie RR.,

W. G. Sargeant. Meadville, Pa.
Pontiac. Oxford and Port Austin RR..

W. C. Sanford, Pontiac, Mich.
Pontiac Pacific Junction Ry..

J. T. Prince. Aylmer. Que.
Port Edwards, Centralia and Northern E"..

T. B. Scott. St. Paul, Minn.
Port Jems. Monticello and New York RR..

B. Ryall, Port Jervis. N. Y.
Portland'and Rochester RR.,

J. W. Peters, Portland, Me.
Port Reading RR..

Albert Foster. Philadelphia. Pa.
Jort Tou-nsend Soutiiern RR..
H. J. Green. Seattle. Wash,
'rince Edward Island Ry.,

J. Unsworth, Charlottetown, P. E. I.
'rospect Park and Coney Island RR.,

Andrew R. Culver, Brooklyn. N. Y.
Quebec and Lake St. John Ry."
A. Vallerand. Quebec, Que.
Quebec Central Ry.,

A. H. Anderson, Sherbrooke, Que.
Queen and Crescent System,

Geo. W. Stevens, Cincinnati, O.
laleigh and Augusta Air Line.

John C. Winder, Raleigh, N. C.
Raleigh and Gaston RR..

John C. Winder. Raleigh, N. C.
Raritan River RR.,

Frank H. Earle, Jersey City, N. J.
lavenswood, Spencer and Gletiville Ry..

Geo. W. Thompson, Parkersburg, W. Va.
Reading and Columbia RR.,

A. Foster, Philadelphia, Pa.
Redondo RR..

J. N. Sutton, Los Angeles, Cal.
lichmond and Danville RR.,

Jos. P. Minetree, Atlanta, Ga.
Richmond, Fredericksburg and Potomac RR.

T. L. Courtney. Richmond. Va.
Richmond, Nicholasville. Irvine and Beattyville RR.

S. T. Copeland, Louisville, Ky.
Rio Grande Junction RR..

C. M. Hobbs, Denver, Col.
Rio Grande Western RR..

W. P. McElroy, Salt Lake City. Utah.
Rochester and Glen Haven RR..

John B. Ward, Rochester. N. Y.
Rochester and Lake Ontario RR.,

N. H. Galusha, Rochester. N. Y.

12

Rockaway Village RR.,

J. E. V. Melick, White House, N. J.
Rock Island and Peoria Ry.,

H. B. Sudlow, Rock bland, 111.
Rockport RR..

H. L. Shepherd, Rockport, Me.
Kockport. LaiiL'don and Northern Rv .

11. Wenckc. Kockport. Mo.
Rockwood and Tennessee River Ry.,

O. L. Hurlbut, Chattanooga, Tenn.
Rumford Falls and Buckfield RR.,

L. L. Lincoln, Canton. Me.
Saginaw Valley and St. Louis RR.,

Russell Wallace. Grand Rapid-. Mich.
St. Augustine and South Beach Ry.,

Allen Wood, St. Augu.-tine, Fla.
St. Catharines and Niagara Central Ry.,

R. Wood. St. Catharines. Out.
St. Clairsville and Not them Ry.,

A. C. Darrah. St. Clairsville, O.
St. Cloud Sugar Belt Ry.,

T. S. Tutwiler. Kissimmee, Fla.
St. Croix and Penobscot RR.,

S. W. Haycock, Calais, Me.
St. Johnsbury and Lake ChamplainRR.,

J. A. Farrington. Boston. Matt.
St. Joseph and Grand Island RR.,

G. D. Berry. St Joseph, Mo.
St. Joseph Valley Ry..

Fred. L. Reeves. Berrien Springs. Mich.
St. Louis, Alton and Springfield RR.,

H. A. Fisher, Springfield, 111.
St. Louis, Alton and Terre Haute RR.,

C. F. Parker, St. Louis. Mo.
St. Louis and Eastern RR..

Wm. E. Guy, St. Louis. Mo.
St. Louis and Hannibal RR.,

Geo. B. Classon. Hannibal. Mo.
St. Louis and San Francisco Ry..

E. T. Smith, St. L< uis, Mb.

St. Louis, Cape Girardeau and Fort Smith Ry..

L. B. Houck, Cape Girardean, Mo.
St. Louis Southwestern Ry.,

F. W. Schaurte, St. Louis, Mo.

St. Louis, Kansas City and Colorado RR..

E. T. Smith. St. Louis, Mo.

St. Louis, Keokuk and Northwestern Ry..

Geo. Hargreaves, Chicago. 111.
St. Louis Merchants' Bridge Terminal Ry..

Fred. Williamson, St. Louie, Mo.
St. Louis Transfer RR.

C. H. Sharman, St. Louis, Mo.
St. Paul and Duluth RR..

W. N. Schoflf, Asst. Pur. Agt.. St. Paul. Minn.
St. Paul Union Depot Co..

C. B. Brunson, St. Paul, Minn.
Salisbury and Harvey Ry.,

A. Sherwood. Hillsboro. N. B.
San Diego, Cuyamaca and Eastern Ry..

A. E. Kinriey. San Diego, Cal.
Sandy River RR..

N. B. Beal, Phillips. Me.
San Pete Valley RR.,

H. S. Kerr. Salt Lake City, U. T.
Savannah. Americus and Montgomery Ry..

W. E. Hawkins. Americns, Ga.
Savannah. Florida and Western Ry..

C. O. Haines, Savannah, Ga.
Schoharie Valley RR.,

Lucien Vroman, Schoharie, N. Y".
Seaboard Air Line.

Jno. C. Winder, Raleigh, N. C.
Seaboard and Roanoke RR .

John C. Winder. Raleigh, N. C.
Seattle and Northern Ry..

H. J. Green, Seattle, Wash.
Seattle, Lake Shore and Eastern Ry..

W. G. Pearce, St. Paul, Minn. "
1 Sharpsville RR..

W. L. Washington, Pittsburgh. Pa.
Shepaug, Litchfield and Northern RR.,

Alex. McNeili, Litchfield, Conn.
Silver Springs, Ocala and Gulf RR.,

A. P. Man, Jr., Ocala, Fla.
Silverton RR.,

Moses Liverman (Gen. Man.), Silverton. Col-
Sioux City and Northern RR.,

F. C. Hills, Sioux City, la.

178

POOR'S DIRECTORY — PURCHASING AGENTS.

Sioux City, O'Neill & Western Ry.,

F. C. Hills, Sioux City. la.
Sinuemahoning Valley RR ,

Frank H. Goodyear (Pres.), Buffalo, N. Y.
Skaneat.elcs RR.,

J. McNamara, Skaneateles, N. Y.
Somerset Ry.,

John Ayer, Oakland, Me.
Sonora Ry..

W. G. Tuller, Topeka, Kan.
South Atlantic and Ohio RR..

D. H. Conklin, Bristol, Tenn.
South Bound RR.,

J. F. Babbitt, Jr., Savannah, Ga.
Southern California Ry.,

C. A. Mead, San Bernardino, Cal.
Southern Pacific Co. (Pac. System),

R. P. Schwerin (Man. Purch. & Supp.), San Fran-
cisco, Cal.
R. Stevenson (Asst. Man. Parch. & Supp.), San

Francisco, Cal.
South Florida RR.,

B. R. Swoope, Sanford, Fla.
Spokane Falls and Northern RR.,

0. D. Mott, Spokane Falls. Wash.
Staten Island Rapid Transit,

W. H. Lewis, New York, N. Y.
Stewartstown RR..

John B. Gemmill, Stewartstown, Pa.
Stony Clove and Catskill Mountain RR.,

S. D. Coykendall, Rondout, N. Y.
Stony Creek RR.,

Howard Boyd, Norristown, Pa.
Suwannee River Ry.,

Jas. Veil, Ellaville, Fla.
Tabor and Northern Ry.,

A. T. West, Tabor, la.
Talbotton RR ,

S. W. Thornton, Talbotton, Ga.
Temiecouata RR.,

T. Crockett, Riv. du Loup, Que.
Tennessee Central RR.,

P. V. Mooney, Spring City, Tenn.
Terminal RR. Association of St. Louis,

J. E. Williams, Jr., St. Louis, Mo.
Terre Haute and Indianapolis RR.,

C. R. Peddle, Torre Haute, Ind.
Terre Haute and Peoria Ry.,

1. H. Burgoon, Decatnr, 111.

Texas, Sabine Valley and Northwestern RR..

Richard J. Evans, Longview, Tex.
Texas Trunk RR.,

W. W. Wyte, Dallas, Tex.
Texas Western Ry.,

S. Packard, Houston, Tex.
Tioga RR.,

E. B. Sheffer, New York, N. Y.
Toledo and Ohio Central Ry.,

H. A. Cooper, Toledo. O.
Toledo and Ohio Central Extension RR.,

J. V. Parker, Marietta, O.
Toledo, Ann Arbor and North Michigan Ry.,

F. S. Chandler, Toledo, O.
Toledo, Columbus and Cincinnati Ry.,

H. A. Cooper, Toledo, O.
Toledo, Peoria and Western RR.,

B. Warren, Peoria, 111.

Toledo, St. Lonis and Kansas City RR.,

C. N. Pratt, Frankfort, Ind.
Tunnelton. Kingwood am! Fairchance RR.,

J. A. Martin. Kingwood, W. Va.
Ulster and Delaware RR..

J. H. Jones, Rondout, N Y.

Ultima Thule, Arkadelphia and Mississippi Ry.

R. W. Hine, Arkadelphia, Ark.
Union Freight RR.,

R. W. Busted, Boston, Mass.
Union Pacific Hy.,

,J. W. Griffith, Omaha, Neb.
Valley Ry.,

Win. Thornburgh (Asst. to Pres.,, <
Vandalia Line.

C. R. Peddle, Terre Haute, Ind.
Virginia and Truckee RR.,

Hume Yeriugtou, Carson City, Nev.
WahashRR.,

H. II. Wellman, St. Louis, Mo.
Wabash, Chester and Western RR.,

J. R. Hawkins, Chester, 111.
Wadley and Mt. Vernon RR.,

T. J. James. Atlanta, Ga.
Wallkill Valley RR.,

Allan Bourn, Naw York. N. Y.
Washington Southern Ry. (Wash.),

Albert Johnson, Shelton, Wash.
Waterloo and Magog RR.,

J. B. Futvoye, St. John's, One.
Weatherford, Mineral Wells and Northwestern liy.

L. M. Fouts, Weatherford, Tex.
Western Counties Ry..

Jas. Brignell, Yarmouth, N. S.
Western Maryland RR.,

R. J. Adair, Baltimore, Md.
Western New York and Pennsylvania I'll..

J. H. Poole. Buffalo, N. V.'
West Jersey RR ,

Enoch Lewis, Philadelphia, Pa.
West Shore RR.,

Allan Bourn, New York, N. Y.
West Virginia Central and Pittsburgh RR.,

E. W. S. Moore, Cumberland, Md.
Wheeling and Elm Grove RR.,

G. W. Gillelen (Gen. Man.), Wheeling, W. Va.
Wheeling and Lake Erie Ry.,

W. K. Woodford, Toledo, O. '
Wheeling Bridge and Terminal Ry.,

J. E. Taussisr, Wheeling, W. Va.
White and Black River Valley Ry.,

W. J. Thompson, Little Rock. Ark.
Wichita Valley Ry.,

C. W. Moffatt, Seymour, Tex.
Wiggins Ferry Co.,

'C. H. Sharman. St. Louis, Mo.
Wilkesbarre and Western RR..

S. H. Hicks (Gen. Man.), Philadelphia. P:u
Williamsport and North Branch RR.,

Benj. G. Welch, Hughesvilk-, Pa.
Williamsville, Greenville and Northern II: '..

H. N. Holladay, Willmmsville, Mo.
Wilmington and Northern RR.,

A. G. McCaueland, Wilmington, Del.
Wilmington and Sea Coast RR.,

J. R. Nolan, Wilmington. N. C
Wilmington. Onslow and East Carolina RR..

H. A. Whiting, Wilmington. N. C.
Wisconsin Central line,

W. G. Pearce. Chicago, 111.
Wood River Branch RR.,

L. M. Barber, Hope Valley. R. 1.
Worce>ter and Shrewsbury RR.,

Irving E. Bigelow, Worcester, Mass.

Youtrhiosrheny RR.,

Albert Ford, Irwins, Pa.
Zanesville and Ohio Ry.,

J. Hope Sutor. Zanesville, 0.

The Plume & Atwood Mfg. Go.

MANUFACTtTRBRS or

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180

COPPER

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181

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HOLMES, BOOTH & HAYDENS,

WATERBURY, CONN.

^Jox^T- TSTorlx. Oflloe, 23 ZPaxrls. I*l«,oe>.

MANUFACTURERS OF

Brass, Copper and German Silver

IN SHEETS, ROLLS, WIRE AND TUBING.

Hot-Rolled Copper Rods and Sheets.
Seamless Drawn Brass and Copper Tubing*.

Brazed Tubing, Door Rail, Mouldings, Etc. Rivets and Burs, Brass
and Iron Jack Chain, Brass Castings.

Bare and Insulated Wire

For Electrical Conductors of all descriptions. Patented Fire-Proof and Weather-Proof Electric
Light Line Wire, handsomely finished, highest conductivity; Copper Magnet Wire ; Flexible Silk,
Cotton and Worsted Cords for Incandescent Lighting ; Round and Flat Copper Bars for station
work; Insulated Iron Pressure Wire.

Fettent "KL.K.." Uln.© TTVir©

For Electric Light, Electric Railways, Motors, Telegraph and Telephone use.

COPPER FOR COMMUTATORS AND BRUSHES. CARBONS FOR ARC LIGHTS.

AGENTS FOR WASHINGTON CARBON COMPANY.

Kerosene Burners. Lamps and Lamp Trimmings. The "Gladstone" Lamp.

LIBRARY, PIANO, BANQUET and TABLE LAMPS. Also A FULL LIXE OF ONYX TABLES.

McGILL'S PATENT PAPER FASTENERS and SUSPENDING DEVICES.

SPECIALTIES IN ALL KINDS OF METAL WORK TO ORDER.

L83

R EC. JRAD EM ARKS.

PHOSPHOR-BRONZE

INGOTS, CASTINGS, WIRE, SHEET &c.

THE PHOSPHOR BRONZE SMELTING CO.LIMITED

512 ARCH ST. PHILADELPHIA PA. U.S.A.

ORIGINAL MANUFACTURERS OF PHOSPHOR-
BRONZE IN THE UNITED STATES AND SOLE
MAKERS or'rELEPHANT BRAND^PHOSPHOR-BRONZE,

American Railway Supply Company

SUCCESSOR TO

HOOLE MANUFACTURING COMPANY,

(FORMERLY 53 GREAT JONES ST. IV E W Y O R Ti .

LOCAL and COUPON TICKET CASES, MAIL BAGS
for Office and Train Use.

UNIFORM BUTTONS. CAPS. BADGES.

PATERS.

T, SHRIVER & CO,,
333 East 56th Street,

New York City.

MANUFACTTTKERS Of

COPYING PRESSES

FOR

Railroad, Express, and

Transportation Companies.

Of all sizes, up to very largest,

A 50 TON HYDRAULIC COPYING PRESS.

Send for Illustrated Priced

Catalogue.

AILWAY HAND CRANES, HOISTING CRABS,

WROUGHT IRON PULLEY BLOCKS,

Hydraulic and Screw Lifting Jacks, Rail Benders,

Traveling Jacks, Punching Machines, etc.,

At JOS. F. McCOY CO., 26 Warren St., NEW YORK.

184

CHARLES MILLER, PRESIDENT. JOHN E. GILL, GENERAL MANAGER

Galena Oil Works Limited.

SAFETY, SPEED and ECONOMY are the results of the use of Galena Engine, Coach and Car Oils for

the .lubrication of locomotives and passenger and freight cars. Scientific and practical tests of the past 20
years have demonstrated the fact that Galena Oils are superior to any other oils in the market.

These oils have been adopted as standard railway lubricants by a niajoriiy of the leading railways of this
country. Galena Oil, in Winter, stands a cold lest of from 10 to 15 degrees below zero, and will not freeze in
the coldest weather. Being made heavy for summer use, it is also adapted to extreme heat, and it? use assures
entire freedom from hot journals at all times and under all circumstances, except when these are produced by
mechanical defects.

The superiority of Galena Oil is demonstrated by its use upon so large a majority of the leading railways of
this country. Galena Oils are in exclusive use upon three continuous lines of railway from Boston and New
"York to the Pacific Coast, and on one continuous line to the City of Mexico, thus demonstrating its adaptabil-
ity to all climates and all temperatures.

Galena Oil being entirely free from gum, it is not affected, as other oils are, when used in sandy and dusty
districts. Galena Oil is superior to lard and other animal oils, and in its use a saving in the wear of brasses,
pins arid links is effected. There is also a saving of fuel, for the reason that a locomotive will haul from two
to four cars more to a train load than when lubricated with other oils. Repeated tests have shown as high as
15,000 to 20,000 miles to one oiling with Galena Oil.

Having made railway lubrication a special study for many years, both from a practical and scientific point
of view, we can offer to our patrons an experience that guarantees them entire satisfaction in every instance.

Testimonials and references will be furnished cheerfully upon request.

Galena Oil Works Limited, Franklin, Pa.

Important to Railroad Managers and Master Mechanics.

SIBLEY'S

Perfection Valve Oil.

More perfect lubrication insured, and entire freedom guaranteed from corrosion
of cylinders and destruction of steam joints by fatty acids.

In exclusive use on over 80 Railroads, comprising over half the total Railway
mileage of the U. S.

References and prices furnished upon application.
Has stood the test of use for 17 years.

2^ Make exclusive specialty of the Manufacture of Valve
and Signal Oils for Railroad Use.

SIGNAL OIL WORKS (Limited),

J, C. SIBLEY, President FRANKLIN, PA.

Eclipse Lubricating Oil Co,

S. C. LEWIS, Pres't.

LIMITED,

E>. MciNTOSH, Sec'y and Treas.

KRAXKLIN, PENN.,

Manufacture more Oil for Railroad Use
than any other Refinery in the World.

THE GUm EliASTIG

TS ABSOLUTELY XON-COMBUSTIBLE, and guaranteed to la*t 1O year§.
Costs only $2.OO per 1OO square feet. Strongly endorsed by New York Board
of Underwriters. Send stamp for circulars, samples and particulars.

EliflSTIC PAIfiT

costs only 60c. per gal. in bbl. lots, or £4.50 for 5-gal. tubs. Color dark red. Will stop
leaks in tin or iron roofs that will last for years. Try it.

GUM ELASTIC ROOFING CO.,

41 West Broadway, New York City.

186

AARON FRENCH, CHAIRMAN. GEO. W. MORRIS, D. C. NOBLE, SEC'Y & TREAS.

JULIUS E. FRENCH, VICE-CHAIRMAN. GEN'L MANAGER. P. N. FRENCH, GEN'L SUP'T.

THE A, FRENCH SPRING CO., LIMITED,

PITTSBURGH, PENNA.

ELLIPTIC AND SPIRAL SPRINGS

OF EVERY DESCRIPTION.

NEW YORK: BOSTON:

88 Boreel Building. 52 Mason Building.

CHICAGO:
4-O8 Phenix Building, 138 Jackson St,

115 BROADWAY, NEW YORK,

DEALER IN

STEEL RAILS,

ENGLISH AND AMERICAN.

Steel Blooms, Bessemer Pig and Spiegel,

Spikes, Fish-Plates, Bolts, and

Railway Supplies.

Contracts made for delivery at any point in the United States, or ex-ship
in the West Indies, Mexico, South America, or F. 0. B. English or American
Shipping Ports.

Agent for the sale of Locomotives and Cars.

Agent in the United States for the Northfleet Coal and Ballast Co., Limited, of
London, for the sale of Block Chalk and Portland Cement.

187

TUDOR IRON WORKS.

Manufacturers of Iron and Steel

TUDOR SPIKES ; GOLDIE PATENT SPIKES

ST. LOUIS, MO.

T. A. MEYSENBURG,

President.

B. S. ADAMS,

Secretary

F. W. OLIVER,

Treasurer-

FULLER BROTHERS & Co.,

139 GREENWICH ST., NEW YORK.

CUT

STEEL WIRE NAILS,
STEEL WIRE,

PLAIN, GALVANIZEI), COPPERED? TINNED-

GALVANIZED AND CORRUGATED SriEET IRON

BOILER RIVETS AND STAY BOLT IRON.

SPIRES, NUTS, W'ASHERS, ETC.

188

ILLINOIS STEEL COMPANY,

MANUFACTURERS OF

Bessemer, Foundry, and Mill Pig Iron ; Spiegel and Ferro-

Manganese; Iron and Steel Merchant Bar, and Rail

Fastenings ; Light " T " and Street Rails ; Steel Blooms,

Slabs, Billets, Wire Rods, and Steel Hoops.

Of any required chemical composition;

Iron or Steel Car Truck Channels, Steel "I" Beams and

Structural Shapes; and Bessemer Steel Rails from

8 to IOO Ibs. per yard.

Holls for StancLarcl Sections and Shai>es al^vrays in !«-*t;oel*»
Sections and Shapes made to Order.

This Company owns and operates five Works, namely: CHICAGO WORKS AND UNION
WORKS, CHICAGO, ILL.; SOUTH WORKS, SOUTH CHICAGO, ILL. : JOLIET WORKS, JOLIET, ILL.;
MILWAUKEE WORKS, MILWAUKEE, Wis.

General Offices, Tenth Floor, " The Rookery," Chicago, 111.

New York Office, 46 Wall Street, New York.

Milwaukee Office, 151 New Insurance Building, Milwaukee, Wis>

•: JAY C. MORSE, President, Chicago, III, H, A, GRAY, Secretary, Chicago,

W. R, STIRLING, First Vice-President, Chicago, III, JULIAN L, YALE, Gen, Sales Agent, Chicago,

H. S, SMITH, Second Vice-President, Chicago, III W, H. McLEAN, Asst, General Sales Agent, Chicago,

J, C. STIRLING, Treasurer, Chicago, III, J. H, LONG, Manager Freight Department, Chicago,

The Colorado Coal & Iron Company,

OF

Bessemer Steel Rails, Blooms, Billets, Rail Fastenings,

Spikes, Bessemer and Foundry Pig Iron, Spiegel,

Cast-iron Water and Gas Pipe and Specials,

Merchant Bar Iron, Muck Bar,
Iron and Steel Mine and Street Rails.

DAILY CAPACITY, 4OO TONS STEEL RAILS; 36O TONS PIC IRON.

MINERS OF

Canon, Cameron, Robinson, Walsen, El Moro,
Crested Butte, and El Moro No. 2

MAKERS OF

EL MORO AND CRESTED BUTTE COKES.

DAILY CAPACITY, 7.OOO TONS COAL; 8OO TONS COKE.

General Office, Pueblo. Furnaces and Mills at Bessemer, Colorado.
E. M. STECK, HEtfRY 8. GROVE,

General Manager, Vice-President,

PUEBLO, COLORADO. PUEBLO, COLORADO.

189

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190

DALZELL
OPEN-HEARTH

STEEL

Brand.
MANUFACTURERS,

David Colville & Sons,

DALZELL STEEL & IRON WORKS,

MOTHERWELL, SCOTLAND,

CAPACITY 10,000 TONS PER MONTH.

Cold Cupping Test. PLATES up T0 12° INCHES WIDE"

IBIEST f°r Boiler, Ship and Bridge Work.

IXGOTS,

SQUARE
AND
FLAT BARS,

AXGLES,

CHAX^ELS,

AXD OTHER

STRUCTURAL

SHAPES.

Before. After.

Cold Drifting Test.

|" Hole to 3" Inside Diameter.

A Specialty Made of Steel for Locomotive Fire Boxes and Boilers.

UNITED STATES REPRESENTATIVE,

GEO. B. DOUGLAS,

Room I49, 115 Broadway,

NEW YORK.

The samples from which these
photos were taken are on exhibition at
New York Office.

Cold Bending Test.

191

THE BETHLEHEM IRON CO.

South Bethlehem, Pa., U. S. A.

OF

rn?T?i

lML

PIG IRON, STEEL BILLETS, SUBS, BLOOMS AND MUCK BAR.

HOLLOW STEEL SHAFTING,

GUN AND OTHER FORCINGS,

FLUID COMPRESSED, HYDRAULIC FORGED STEEL
SPECIALTY OF EXTRA QUALITY BESSEMER AND OPEN HEARTH,

ROBT. P. LINDERMAN, President. C. O. BRUNNER. Treasurer.

ROBT. H. SAYRE. Vice-Prest. and Gen'l Manager. JOHN FRITZ. Chief Engineer and General Supt.

ABRAHAM S. SCHROPP, Secretary. R. \V. DAVENPORT, Assistant Superintendent.

XEtr YORK OFFICE, 8O BROADWAY. F. G. GOKHAJI, SALES AGEST.

CAST STEEL WORKS

OF

- IKIRTJIFIF,

ESSEN, GERMANY.
American Office, 13 Gold Street, yew York.

P. O. BOX 2878.

Represented by THOMAS PROSSER & SON.

These Works cover an area of 1200 acres, employ about 18,000 men, have the most improved
plant, and stand unique, from the fact that they have their own Ore and Coal Mines, Blast Furnaces,
etc.. and that every stage of manufacture is under their own supervision, and are not (like others)
dependent on the open market for a miscellaneous assortment of crude material ; which, in connec-
tion with 75 years' experience, enables them to turn out a product of a very superior quality, second
to none, and at the same time the different grades of Steel are always of the same uniform quality.

Locomotive Tires, Steel-Tired Wheels, Crank-Pins, Shafts,

AND

STEEL FORGINGS up to 7 O TONS

Steel of every description Forged, Rolled, etc., into any
form or article desired.

AAWI Cl LCQt <JJ. UVV71 OrfwJCCVLO LIU/ IV I U | J J ' JL11C Llclr* JJJH.I V C^VJ. 1 LCCTJ 1 |AJ UvT ll~l*T l_FC^l» 1L1 LilC 1-LltVl H-CTL.

and parties intending ordering Locomotives would do well to insert among their specifications thai
" Krupp Tires " be used on drivers, and thereby obtain an article which will give satisfaction.

192

H. C. FRICK, J. G. A. LEISHMAN, H. M. CURRY,

CHAIRMAN. VICE-CHAIRMAN. TREASURER.

F. T. F. LOVEJOY, L. C. PHIPPS, WM. P. PALMER,

SECRETARY. ASST. TREASURER. GEN'L SALES AGENT.

The Carnegie Steel Company, Limited,

Pittsburg, Pa.

Succeeded, on July i, 1892, to the business of
Carnegie Brothers & Co., Limited,
Carnegie, Phipps & Co., Limited,
The Keystone Bridge Company,
The Allegheny Bessemer Steel Co.,
The Pittsburg Bessemer Steel Co., and
The Hartman Steel Co., Limited.

See page 14, front.

193

CAMBRIA STEEL RAILS.

HEAVY RAILS, LIGHT RAILS,

STREET RAILS.

STEEL CAR CHANNELS.
CAMBRIA STEEL AXLES,

Made by COFFIN'S Patented Process.

PASSENGER AXLES,

FREIGHT AXLES.

ADDRESS:

CAMBRIA IRON COMPANY,

SIS South Fourth St.,

PHILADELPHIA, PA.

(Works at Johnstown, Pennsylvania.)

194

PMIXYILLE BRIDGE WORKS

THE PHOENIX BRIDGE CO.,

^g$^

ENGINEERS AND BUILDERS OF

BRIDGES, VIADUCTS, ROOFS, TURN-TABLES,

ELEVATED RAILROADS, OCEAN PIERS,

and all Structures of Iron and Steel.

All work done on the premises — from ore to finished bridge.

CAPACITY OF BRIDGE WORKS, 40,000 TONS PER ANNUM.

The attention of the Officers of Railway Companies is called to our illustrated " Album of

Designs," showing the various styles of Iron and Steel Railway Bridges, Viaducts,

etc., that we have constructed and are prepared to construct, and

containing our " Standard Specifications," which we will

mail to any person requiring such structures.

ESTIMATES A»D SPECIAL DESIGNS WILL BE FURNISHED ON APPLICATION.

ORRICES:

41 0 Walnut Street, Philadelphia; 49 William Street, New York;

Phoenixville, Pa.

DAVID REEVES, PRESIDENT.
FRANK T. DAVIS, TREASURER.

ADOLPHUS BONZANO, VICE-PRESIDENT AND CHIEF ENGINEER.
WILLIAM H. REEVES, GENERAL SUPERINTENDENT.

195

Passaic Rolling Mill Co

PATERSON, N. J.,

MANUFACTURERS,

CONTRACTORS,

ENGINEERS.

IRON

AND

STEEL.

Bridges, Roofs and Turn-tables Constructed and Erected.

Plans and Estimates Furnished at Short Notice.

Solid Rolled Beams, Channels, Angles, Tees,

and Merchant Bars Made and in Stock.

Lithographs of Sections and Details Furnished on Application,

NEW YORK OFFICE:

WATTS COOKE, Pres't. W. 0. FAYERWEATHER, Treas. Q. H, BLAKELEY, Ch, Eng.

Rochester Bridge & Ironworks

Successors to ALDEN # LASSIG, and LEIGHTON BRIDGE & IRON WORKS,
ROCHESTER, N. Y.

DESIGNERS AND BUILDERS OF WROUGHT IRON AND STEEL
RA.ILROA.D

Both permanent and draw Spans ; also Elevated Railroads, Iron Viaducts, Piers,

Turn Tables, Plate Girders, Roofs, Tanks, and General Iron Work

for Buildings ; also Continuous Riveted Wrought

Iron Pipe with Expansion Joint.

Capacity of Works, 1,500 Tons per Month.

Works at ROCHESTER, X. Y.

JOHN F. ALDEN, Rochester, N. Y.

196

Boston Bridge Works,

D. H. ANDREWS, Proprietor.

lxti Irr-cxn. am-cL S-teel

BRIDGES,

Viaducts, Girders, Upset End Bridge Rods, Beams and Roofs.
ANDREWS' PATENT LOCOMOTIVE TURNTABLE A SPECIALTY.

DESIGNERS AND BUILDERS OF

ALL KINDS OF HEAVY f BOUGHT IRON STRUCTURAL WORK.

OFFICE, 70 Kilby Street, BOSTON, MASS.

Works on Grand Junction Railroad, Cambridgeport.

2£f~ Capacity of the Works, Ten Thousand (10,000) Tons per Annum.
J. R. FELL, Pres . 237 S. Third Si., Philadelphia. H. W. ALLISON, Sec. and Treas,. Allentown, Pa.

The Allentown Rolling Mills,

MANUFACTURERS OF

Mine Rails of all sizes, Refined Merchant Bar Iron, Angles, Beams,

Tees, etc., Superior Rolled Shafting and Car Axles, R. R.

Chairs, Fish Plates, Spikes, Bolts, Nuts, and Rivets,

Turn Tables, Steam- Engines, Mill Gearing,

Blast Furnace and Rolling Mill Castings,

Mining Pumps, etc., Castings,

Pig Iron.

Railroad Stvitch and Signal Department:

INTERLOCKING APPARATUS AND EVERY VARIETY OF SWITCHING AND
SIGNALING APPLIANCES A SPECIALTY.

Semaphore Signals, Block Signals, Station Signals.

SPRING FROGS, PLATE FROGS, SAFETY SWITCH STANDS,

STIFF FROGS, LORENZ SWITCHES, SWITCH LEVERS.

KEYED FROGS, SWITCH RODS,

BOLTED FROGS, WITH SOLID WROUGHT IRON THROAT PIECES.

Railroad Switch and Stynal Department,

FRED'K S. GUERBER, Engineer and Manager,
BAKER WELDLESS CAR LINK. ALLENTOWN, PA.

Cleveland Wheel and Foundry Works,

MAHER & BRAYTOX.

PROPRIETORS.

MAM'KAl Tl-KKK- oh

Car, Engine, Truck and Tender Wheels,

Railroad, Rolling-Mill and Machinery

Castings, and Street Railroad

Wheels and Turnouts.

_

Chilled-Face Railroad Frogs.

Office; 2O Carter St.
WORKS: cor. CARTER and COLLINS STS., CLEVELAND, O.

•* CLEVELAND FOUNDRY*;
CAR WHEELS,

CHILLED AND STEEL TIRED,

WITH OR WITHOUT AXLES.

Lucas Patent Steel Filled Rail Frogs and Crossings,

SWITCHES, STANDS, AXD TRACK SUPPLIES.

BOWLER & CO.,

14 to 24 WINTER ST., CLEVELAND, OHIO.

198

1836.

LDBDELL CAR IEEEL CO.,

THE OLDEST CAR WHEEL ESTABLISHMENT IN THE COUNTRY.
Capacity, 300 Wheels per day.

Lobdell's PATENT COMBINATION Wheel.

Chilled Railroad Car Wheels, Double and Single Plate,

Solid and Hollow Spoke, for Broad and Narrow

Gauge Cars, Engines, and Tenders.

199

DOUBLE PLATE

Engine Truck Wheel,

WHEELS AND AXLES FITTED COMPLETE ACCORDING
TO SPECIFICATIONS.

PRICES PER PAIR DEPENDING ON THEIR SIZE AND KIND.

BEST HAMMERED AND EOLLED IRON AND STEEL AXLES AT
MANUFACTURERS' PRICES.

Railroad, Car, and Machine Castings,
Turn Tables, Drop Tables, etc.

Chilled Street Car Wheels,

WITH FLANGES SUITED TO ALL RAILS.

ALSO

Wheels and Axles for Plantation, Mine, Lumber, Manual Labor Cars,
etc., of all sizes and descriptions.

WHEELS

GEO. G. LOBDELL, Pres. W. W. LOBDELL, Vice-Pres.

GEO. G. LOBDELL, Jr., Sec'y and Treas.

JOHN R. WHITNEY.
JAMES S. WHITNEY.

200

ESTABLISHED 1847.

CABLE ADDRESS,
WHITNEYS.

A, WHITNEY & SONS • CAR WHEEL WORKS

PHILADELPHIA, PENN.

CHILLED CAST IRON CAR WHEELS

Of Best CHARCOAL IRON and in THE WHITNEY CONTRACTING CHILLS.

Warranted Smooth and Round without grinding, and with Chill Deep and Uniform,

CHILLED AND STEEL-TIRED WHEELS, AXLES, AND CAR BOXES

Furnished for every kind of service, including" Electric, Cable,
and Horse Railways, and Mining" and Logging Cars.

201

Erie Car Works,

ERIE, PA.,

Capacity, 20 Cars per Day,

FREIGHT CARS OF BEST MATERIAL AND CONSTRUCTION

A SPECIALTY.

C. W. DAVEXPORT, Chairman. E. W. SHELDON, Sec'y and Tr*nt.<.

OAJPACITY, 350 WHEELS PER, DAY.

Davenport & Fairbairn,

WHEELS MADE BY IMPROVED PROCESS, FAR

EXCEEDING IN DURABILITY THOSE MADE

IN THE ORDINARY WAY.

202

The Ensign Manufacturing Co.,

HUNT1NCTON, WEST VIRGINIA.

NEW YORK OFFICE, 11 PINE STREET.

Manufacturers of

FREIGHT GARS

OF ALL DESCRIPTIONS.

CHILLED CAR WHEELS, CAR AXLES,

CAR CASTINGS, JOURNAL BEARINGS.
"Wlxeols lE^itted to ^Lzscles.

Capacity : 20 Box Cars, 400 Car Wheels, 8O Axles, Daily.

F. E. CANDA, Pres. C. J. CANDA, Vice-Pres.

E. ENSIGN, Sec. and Treas. J. W. SAVIN, Gen'l Agent.

CANDA CATTLE CAR COMPANY.

CHARLES J. CANDA, President.
F. E. CANDA, Vice-President and
Assistant Treasurer.

A. MARCUS, Treasurer.
J. W. SAVIN, Secretary.
BURTON N. HARRISON, Counsel.
GEO. W. LILLEY, Gen. Manager.
EDWARD A. BERN, Supt.

THOS. J. GIBBONS, Agent Union
Stock Yards, Chicago.

JOHN N. WATKINS, General Agent,
Kansas City, Mo.

B. R. THOMPSON, General Agent,
Fort Worth, Texas.

2400 Cars, Numbered from 1 to 2400 inclusive.

ALL CARS EQUIPPED WITH

WESTINCHOUSE AIR BRAKE AND

JANNEY AUTOMATIC COUPLERS.

These, in connection with the SUSPENSION
TRUCKS used on the Car (equal to first-class pas-
senger trucks) assure an easy motion to the body of the
Car, avoid all sudden shocks in transit, so common
when the ordinary freight truck is used.

The arrangement for Dividing the Car, as well as for Feeding and Watering
Cattle in transit, can, in a moment, be folded out of the way, and the Car can be Loaded
or Unloaded as rapidly and conveniently as any ordinary car.

These Cars can also be used to carry any FREIGHT usually carried in Cattle Cars,
without prejudice to the interior devices, END DOORS BEING PROVIDED FOI
LOADING LUMBER, RAILS, etc.

NEW YORK OFFICE, CHICAGO OFFICE,

11 Pine Street. 260 Dearborn Streei

203

D. O. SETTLEMIKK. President. GEO. W. EVANS, Vice-President .

W. C. AKTHUKS, Sec'y and Treasurer. FKANK SNYDER, Superintendent.

IVIT. VERNON CAR M'F'G CO.,

MANUFACTURERS OF

FREIGHT CARS

OF EVERY DESCRIPTION,

Caboose and Refrigerator Cars,

CAR WHEELS,
CAR CASTINGS AND GENERAL FOUNDRY WORK.

Capacity, Fifteen Freight Cars and Four Hundred Car Wheels per Day.

MT. VERNON, ILLINOIS.0*?

1. N. PENNOCK. W. PENNOCK.

IIIEEYA CAR WOEKS,

PENNOCK BROS.,

MANUFACTURERS OF

Railway Freight Cars

OF

MINERVA, - - OHIO.

204:

BILLMEYER & SMALL CO

YORK, PENNA.

MANUFACTURERS OF

PASSENGER, BAGGAGE, U. S. MAIL, EXPRESS

AND FREIGHT

Export Work a Specialty.

HARRISBURG
CAR MANUFACTURING COMPANY

HARRISBURG, PENN.

MANUFACTURE

RAILROAD FREIGHT CARS

OF EVERY DESCRIPTION.

OIL TANK CARS A SPECIALTY.

CAR WHEELS,

Bridge and Rolling Mill Castings, Bridge Rods,
Bolts, and Railroad Forgings.

T. D. GREENWALT, Prert. W. T. HILDRUP, Gen. Mangr. and Tr«as.
GEO. G. BOYER, Supt. W. T. HILDRUP, Jr., Sec.

JOHN MURPHY, Agent.

205

THE JACKSON & WOODIN MFG. CO.

Freight Cars, Car Wheels, Cast-iron Gas
and Water Pipe,

CASTINGS, FORCINGS. BAR IRON AND
STEEL MINE AXLES.

LEHIGH VALLEY CAR Co.

STEMTON, NORTHAMPTON COUNTY, PA.

(On line of Central R. R. of New Jersey),

MANUFACTURE

BOX, GONDOLA, FLAT, STOCK, ORE,
COAL AND FREIGHT CARS,

CAPACITY : 4O to 5O 25-ton ears per week.

New York Office, 91 Liberty Street.

R. E. WRIGHT, President. B. E. LEHMAN, Vice-Pres. and Gen'l Manager.

206

SPECIAL FACILITIES FOR FURNISHING SECTIONAL WORK FOR EXPORTATION,

Shipments made from New YorK &r Boston, Daily Capacity, One Passenger and Six Freight Cars,

Employ none but Experienced Workmen, and have on hand a Large and Complete
Stock of Seasoned Lumber, Sufficient for Several Years' Consumption.

207

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MANUFACTURERS OF

STOCKS

NDS OCCUPIED,

CAPACITY:

MD 160 CAR WHEEL

ASSENGER AND BA(

EMPLOY 1600 M

KEET OK LUM

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208

THE NATIONAL MACHINERY CO.,

MANUFACTURERS OF

BOLT AND NUT MACHINERY.

COMPLETE OUTFITS FOR

CAR, LOCOMOTIVE, BOLT AND RAILROAD SHOPS.

STAY BOLT CUTTERS,
BOLT HEADERS,

NUT MACHINES.

Single and Double National Bolt Cutters.

NUT TAPPERS,
Belt, Geared and Rotary.

Upsetters and Benders, Bolt Pointers,

CAR LINK AND PIN MACHINERY.

CATALOGUE SENT ON APPLICATION.

209

COULD & EBERHARDT, NEWARK, N.J.

HOLDERS OF '

Eberhardt's Original Automatic Machine Tools,

SHAPERS, DRILL PRESSES,

LATHES, TOOL GRINDERS, Etc.,

For H. R. TJse.

PAT, SHARERS.
12", 16", 20", 24", 26", 30".

EBERHAPDT'S PAT, DRILL WITH TAPPING
ATTACHMcNT. 2o", 32", 37", 43" 48", 58",

THE POWELL PLANER CO.

BUILDERS OF

METAL PLANERS,

WORCESTER, MASS.

26"x26"x8'
We Build STANDARD 22 x 22 to 98 x 84' Planers.

210

BEMENT, MILES & CO,

Philadelphia,

BUILDERS OF

ALL KINDS OF

Metal Working Machinery

FOR RAILWAY PURPOSES.

NEW YORK OFFICE: EQUITABLE BUILDING.

GEORGE PLACE, Agent.

211

LABQK TIMBER DRSSSING MACHINE.

LIGHTNING " FLOORING MACHINB.

W. H. DOANE, PREST.

D. L. LYON, SEC'Y.

CINCINNATI, OHIO, U. S. A..

DESIGNERS AND MANUFACTURERS OF

d W^orking JJachinery

FOR

CAR,
RAILROAD

AND

BRIDGE

SHOPS.

F°R

GOVERNMENT

ARSENALS,

| NAVY YARDS,

m Etc., Etc.

FOUR SPINDLE HORIZONTAL CAR BORER.

COMPLETE EQUIPMENTS FURNISHED

AND

EVERY TOOL WARRANTED.

Estimates Furnished.

SEND FOE CATALOGUE.

BAND SAW.

CAR TBNONBR AND GAINER.

CAR MORTISER.

212

Berry & Orton Co,

ATLANTIC WORKS.

L. H. BERRY, PRESIDENT. I CABLE ADDRESS, "oRTON " 1 L. O. ORTON, TREASURER

23d and Arch Streets, Philadelphia, Pa.
136-138 Liberty Street, New York.

MANUFACTURERS OF

MACHINEEY

-FOR-

.WO EKING WOOD

CAR BUILDERS' TOOLS A SPECIALTY.

Catalogues, Drawings, and Estimates Furnished on Application.

218

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215

ESTABLISHED 1865,

Riclionfl Locomotive and Machine Ms.

RICHMOND, VA.

BUILDERS OF LOCOMOTIVES

FOR KVFRY VARIKTY OF SKRVK '••:.

Specifications, Photographs and Estimates on Application.

216

PITTSBURGH

LOCOMOTIVE AND CAR

WORKS,

PITTSBURGH, PA.

Office at Works, 396 Beaver Ave., Allegheny City, Pa.

POST OFFICE ADDEESS, PITTSBURGH, PA.

MANUFACTURERS OF

LOCOMOTIVE ENGINES

For Broad or Narrow-Gauge Roads, from Standard Designs, or
according to Specifications, to Suit Purchasers.

TANKS, LOCOMOTIVE, STATIONARY, OR PORTABLE BOILERS

SHORT NOTICE.

Stationary Engines and Machinery of all descriptions built to Specifications.

WILSON MILLER, President and Treasurer.

D. A. WIGHTMAN, Superintendent

BRANCH OFFICE :

115 BROADWAY, NEW YORK.

217

^ s$

t

RHODE ISLAND LOCOMOTIVE WORKS,

PROVIDENCE, R. I.

MANUFACTURERS OP ALL CLASSES OF

LOCOMOTIVE ENGINES

For Broad, Standard, and Harrow Gauge Roads,

From OUR OWN DESIGNS, and from Specifications Furnished.

CHARLES FELIX MASON, PBEBIDENT.

WILLIAM P. CHAPIN, TREASURES.

JOSEPH LYTHGOE, AGENT AND SUPERINTENDENT.

EARL PHILIP MASON, VICE-PRESIDENT,
ARTHUR LIVINGSTON MASON, SECRETAKT.
SIDNEY A. STEPHENS, TRAVBUNG AGENT.

NEW YORK OFFICE: 58 PINE- STREET.

H. K. PORTER & CO.,

BUILDERS OF LIGHT LOCOMOTIVES,

PENNA.

Locomotives for any practical canire of track ; also Noiseie-s and Smokeless Motors for Street and
Suburban Roads ; also Compressed Air Locomotives ; best \vork and material : fitted to templets and -ranges:
interchangeable parts always kept on band. For passenger, freight, switching, mines, logging roads, street
railroads, plantation tramways, contractors' work. etc.

ILLUSTRATED CATALOGUE MAILED O*T APPLICATION.

Contractors', and Furnace and Mill Locomotives, narrow and wide eausres, kept on hand completed ready
for shtpment.

COMPOUND LOCOMOTIVES.

The Cooke Locomotive and Machine Company,

JOHN S. COORE,

Pres. <fc Gen I Mgr.

PATERSON, N. J,

W>I. BERDAN,

Secretary and Treasurer.

FRED. W. COOKE,

Vice-President.

New York Office,

45 Broadway

u.

220

BROOKS LOCOMOTIVE WORKS,

DUNKIRK, N. Y.

Builders of Locomotive Engines for any required service, from our own

designs or those of purchasers. Perfect iiiterchaiigeability,

and all work fully guaranteed.

Compound Locomotives,

FOR PASSENGER AND FREIGHT SERVICE.

M, L HINMAN, President and Treasurer,

R, J. GROSS, Vice-President, DAVID RUSSELL, Superintendent.

T, M, HEQUEMBOURG, Secretary, H, TANDY, Assistant Superintendent,

TELEPHONE 344-4.

INCORPORATED 1846.

P. 0; BOX 1670.

PORTLAND CO.,

58 Fore Street, near Grand Trunk Railroad Depot,
PORTLAND, ME.,

Engineers and Boiler Makers,

MANUFACTURERS OF

LOCOMOTIVES AND FREIGHT GARS,

Marine and Stationary Engines and Boilers, and

all kinds of Pulp Machinery, Pulp

Digestors, Pulp Screens, etc.

Sole Manufacturers for New England of the Complete Combustion Boiler. Agents and
Manufacturers for the U. S. of Newcomb's Car Replacer, the "Portland" Governor, etc.,
etc. Iron and Composition Castings. Forgings of every description.

F, C, PAYSON,

President.

JAMES E. GREENSMITH, BYRON D. VERRILL,

General Manager. Treasurer.

GRANT LOCOMOTIVE WORKS,

OF CHICAGO, ILLINOIS.

OFFICE,

Home Insurance t
Building,

WORKS,

CorJestmhSt,,

& Robinson Ave.

BUILDERS OK

Locomotive Engines and Tenders,

AND OTHER

RAILROAD MACHINERY.

FROM DESIGNS OF OUR OWN OR FURNISHED BY RAILWAY COMPANIES.

R. B. F. PEIRCE, L. A. BOYD,

President and. Genl. Mgr. Secretary.

GEO. C. PYLE,

Electrician.

OF

INDIANAPOLIS, INDIANA,

Has ready for the market the only complete,
reliable and perfect

ic Headlight

For Locomotives

Full description, with testimonials from
railroads using it, furnished on application.

222

ELLIOT FROG^SWITCH CO

FROGS AND CROSSINGS MADE
ANY ANGLE DESIRED,

ALL SECTIONS AND WEIGHTS OF
RAIL CARRIED IN STOCK.

SPRING RAIL FROGS,
RIGID FROGS,

SPLIT SWITCHES,
LAP SWITCHES,

AUTOMATIC SWITCH STANDS,

HIGH AND LOW PATTERNS OF REVOLVING STANDS,
GROUND THROW SWITCH STANDS,

Bridle Rods, Wrought Iron Head Chairs,
Rail Braces, Wrecking Frogs, and

EVERY DESCRIPTION OF RAILROAD IRON WORK.

AUTOMATIC PASSING SWITCHES FOR ELECTRIC

AND DUMMY LINES.
Address IE A. SIT ST.

R. D. WOOD & Co.,

ENGINEERS,

IRON FOUNDERS,

AND MACHINISTS,

No. 400 CHESTNUT STREET,

Foundries and Works :

MILLVILLE, FLORENCE,) „„„.
AND CAMDEN, J NEW

PHILADELPHIA, PA,

Manufacturers
of

all sizes
and descriptions,

Constructors of GAS and WATER WORKS.

CAST-IRON PIPE,
Mathews' Single and Double Valve Fire Hydrants,

EDDY VALVES, LAMP-POSTS,

GAS HOLDERS AND GAS MACHINERY,
HYDRAULIC CRANES, PRESSES, LIFTS, ETC.;

Turbines and Water-Power Pumps, Sugar-House Work, Loam
Castings, Heavy Special Machinery, General Castings.

CAST-IRON PIPE FOR RAILROAD CULVERTS, DRAINS, ETC.

JOHN A. WILSON,

CIVIL ENGINEER.

CHAS. G. DARRACH,

CIVIL AND HYDRAULIC ENGINEER.

223

JOSEPH M. WILSON,

CIVIL ENGINEER AND ARCHITECT.

HENRY W. WILSON,

CIVIL ENGINEER.

HENRY A. MACOMB,

ARCHITECT.

WILSON BROTHERS & CO.,
Civil Engineers, Architects,

AND

6ONSULTING ENGINEERS,

ROOM 1036,

DREXEL BUILDING.

PHILADELPHIA, PENNA.

THE LAIDLAW * DUNN CO.

PURCHASERS OF

The McGowan Pump Co.

, Eclipse Pump Mfg. Co,*

CINCINNATI, OHIO, U. S. A.

197 and 199 South Canal St., Chicago.

3IANUFACTURER8 OF

Railroad Water-Station Outfits

INCLUDING

TANK VALVES,

Automatic Water-Colmns,

PUMPS,

PIPE,

VALVES
FITTINGS.

224

BROWNELL CAR COMPANY,

JST. XjOTJXJS, JVEO.,

BUILDERS OF STREET CARS for Cable, Electric, Horse and other Motors.

CO
CO

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5
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Patented November 3, 1891.
The Newest and Best Thing in Street Cars.

J. M. Jones' Sons. \EV\ West Troy, N. Y.

Builders of £ars for £lectric, Cable and J-Jorse £>ervice.

225

GATES ROCK AND ORE BREAKER

CAPACITY
UP TO

YARDS
PE'RHOUR

IN USE ON

THE

LEADING
RAILWAYS.

Has produced more
railway ballast than
all other breakers
combined.

Will furnish complete drawings for ballast plants. Send for Catalogues and Estimates.

GATES IRON WORKS, 50 S. CLINTON ST., CHICAGO.

BMIICH OFFICES AT 136 LIBERTY ST.. N. T, 237 FRANKLIN ST., BOSTON, MASS. 73» QUEEN VICTORIA ST., LONDON, EN6.

JL.AJ3T.

J. G. BRILL COMPANY,

PHILADELPHIA, PENNA.

BUILDERS OF RAILWAY AND TRAMWAY CARS,

226

KIRE

ot

INSURANCE COMPANY,

OK

ESTABLISHED 1845.

HEAD OFFICE:

No. 50 WALL STREET, NEW YORK.

TRUSTEES:

HENRY PARISH, OSGOOD WELSH, FREDK. D. HAPPEN.

E. F. BEDDALL, Manager. GEO: M; COIT, Ass't Manager.

IIV^TJRAJVOE A.

i BRIDGEPORT; CONN.

PR ASS & COPPER WIRE

«*» ROLLING MILLS,
HARD DRAWN COPPER WIRE

^FORTELEPHONE TELEGRAPH AND

RAILWAY SERVICE.

MF'RS.OF PATENTED ELECTRIC LINE WIRE.

EDWARD COOPER, Pres't, i. N y , < HAHI.KS E. HEWITT. Trea-

BDWIB r. HEDKLL, Sec'y, t N< JOSEPH STOKKS. Sup'tr j Trenton.

'

HE

2721
P8
1892

VVROU

f\ * I . I

Poor's manual of railroads

Co

ZEES,

-1
Plar

The

PLEASE DO NOT REMOVE
CARDS OR SLIPS FROM THIS POCKET

UNIVERSITY OF TORONTO LIBRARY

Etc.

n

ter

)ught of
minds.
ience of
Design,
ruction,
id alone

IACHINE,

:alogue.

WYCKOFF, SEAMANS & BENEDICT,
327 Broadway, New York.

New York Guaranty (5
Indemnity Co.

MUTUAL LIFE BUILDING,

NO. 59 CEDAR STREET, NEW YORK,

Capital, $2,000,000. Surplus, $ 500,001

Has full power of Trust Companie
under New York Banking1. Laws.

Trustee for Corporation Mortgages.
Transacts a g-eneral banking business
Interest allowed on deposits.

EDWIN PACKARD, President,

ADRIAN ISELIN, Jr., Vice Pres. H. A. MURRAY, Treas. and Sec.
GEO. R, TURNBULL. 2d Vice Pres. J. NELSON BORLAND, Ass't Sec.

DIRECTORS;

Samuel D. Babcock. Augustus D> Juilliard.

Frederic Cromwell. Jas. N, Jarvie.

\wSlf c' £ iske" Richard A, McCurdy,

S^S 5- Gillette- Alexander E. Orr.

Robert Goelet. E<!wrn Packard.

Geo. Gnswold Haven. Henry H. Rogers.

R.Somers Hayes, Henry W, Smith.

°'ive.r Harrfman. H. McK. Twombly.

Charles R. Henderson. Frederick W, Vande

Adrian Iselln. Jr., William C. Whitney.

J, Hood Wright.

(See inside Advertising Page27,fron